Holdings Characteristics

Ten Largest Stocks

Apple Inc 3.60%
Fiserv Inc 3.31%
Thermo Fisher Scientific Inc 3.19%
Cisco Systems Inc 3.01%
Raytheon Co 2.74%
UnitedHealth Group Inc 2.73%
Fortive Corp 2.72%
TJX Cos Inc/The 2.61%
Texas Instruments Inc 2.59%
CSX Corp 2.58%
Total 29.09%

Portfolio Characteristics

Patriot Fund S&P 500
# of Holdings 43 506
Average Market Cap $182.9b $247.2b
Price/ Earnings Ratio 19.5x 21.05x
Price/ Book Ratio 3.4x 3.5x
Weighted Avg. Beta 0.96 1.00

Sector Diversification

Patriot Fund S&P 500
Information Technology 19.12% 20.90%
Health Care 15.36% 14.98%
Consumer Discretionary 13.99% 10.26%
Financials 13.79% 13.26%
Industrials 9.99% 9.67%
Energy 6.74% 5.97%
Consumer Staples 6.54% 6.68%
Communication Services 5.39% 9.98%
Utilities 2.44% 2.80%
Cash 2.41%      –
Materials 2.20% 2.41%
Real Estate 2.02% 2.63%

As-of 9/30/2018

The security holdings are presented to illustrate examples of the securities that the fund has bought and the diversity of areas in which the funds may invest, and may not be representative of the fund’s current or future investments. Portfolio holdings are subject to change and should not be considered to be investment advice.

6971-NLD-10/12/2018