GuideStone Funds Defensive Market Strategies Fund

Fund Holdings

Asset Allocation

% Long % Short % Net
Cash 13.81 0.03 13.78
Stocks 62.29 8.61 53.68
Bonds 3.06 0.0 3.06
Other 0.09 0.1 -0.01
Foreign Bonds 0.57 0.0 0.57
Foreign Stocks 4.12 1.02 3.1
Convertible 19.31 0.0 19.31
Preferred 6.5 0.0 6.5

Updated 12.31.2013

Top 10 Holdings

Performance as of 02.28.2014

Portfolio as of 12.31.2013

Ticker YTD Return % % Net Assets
S&P 500 Mini Mar 14 --- --- 4.61
Johnson & Johnson JNJ 0.69 1.94
Wells Fargo & Co, San Francisco Ca Pfd --- --- 1.63
Bk Amer Pfd --- --- 1.63
Exxon Mobil Corporation XOM -5.01 1.32
Northern Trust Corporation NTRS -0.9 1.02
Occidental Petroleum Corporation OXY 1.0 0.99
WGL Holdings, Inc. WGL 0.97 0.92
PNC Financial Services Group Inc PNC 4.95 0.89
Chevron Corp CVX -7.26 0.88