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Portfolio Characteristics as of 7/31/10*  

   Stephens Small Cap Growth Fund
 Number of Holdings 128*
 Median Market Cap ($MM) 1283
 Median Forward 12 Month P/E 18.7x 
 Median Forward 12 Month EPS Growth 26.1%
 Most Recent Quarter EPS Growth YOY 35%
 Beta vs. Russell 2000® Growth Index 0.90
 Beta vs. S&P 500 Index 1.04
 Net Assets

$81,425,943

Sector Weightings* 

  Stephens Small Cap Growth Fund
Cash   5.77%
Consumer Discretionary 16.92%
Consumer Staples   1.79%
Energy   9.30%
Financials    9.32%
Health Care 20.54%
Industrials   6.92%
Information Technology 28.93%
Telecommunication Services   0.22%
Utilities   0.29%



Top Ten Holdings* 

  Stephens Small Cap Growth Fund
Portfolio Recovery Associates, Inc. 1.94%
Core Laboratories NV 1.83%
Encore Capital Group, Inc. 1.54% 
Eclipsys Corporation 1.43%
Advisory Board Company 1.39%
NuVasive Inc. 1.36%
Ansys, Inc. 1.35%
Riverbed Technology, Inc. 1.27%
MercadoLibre, Inc. 1.26%
LKQ Corporation 1.22%

*Fund holdings and/or sector allocations are subject to change at any time and are not recommendations to buy or sell any security. Excludes money market fund holdings.

Performance Attribution
 
Stephens Small Cap Growth Fund vs. Russell 2000® Growth Index 
12/1/2005 to 7/31/2010
U.S. Dollar

 


 

Top & Bottom Five Contributors to Performance as of 6/30/2010

 


 

Complete Fund Holdings as of 6/30/2010 

P/E: The Price to Earnings (P/E) Ratio reflects the multiple of earnings at which a stock sells.

EPS: Earnings per share (EPS) is calculated by taking the total earnings divided by the number of shares outstanding by the price per share.

Beta: A statistic that measures the volatility of the Fund, as compared to that of the overall market. The market's beta is set at 1.00; a beta higher than 1.00 is considered to be more volatile than the market, while a beta lower than 1.00 is considered to be less volatile.

The Russell 2000® Growth Index measures the performance of those Russell 2000® Index companies with higher price-to-book ratios and higher forecasted growth values. The Russell 2000® Index and Russell 2000® Growth Index are trademarks/service marks of the Frank Russell Company.

The S&P 500® Index is an unmanaged index of 500 widely held common stocks representing, among others, industrial, utility and transportation companies listed or traded on national exchanges or over-the-counter markets. You cannot invest directly in an index.

Mutual fund investing involves risk; principal loss is possible. The Fund invests in smaller companies, which involve additional risks such as limited liquidity and greater volatility than large companies. The fund may also invest in foreign securities which involve political, economic and currency risks, greater volatility and differences in accounting methods. 
The Stephens Funds® are distributed by Quasar Distributors, LLC