PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Information

3601 W. 76TH STREET, EDINA, Minnesota, 55435, (952) 224-4350

Report Date: 06/30/2014

Position Statistics

Total Positions 183
New Positions 10
Increased Positions 87
Decreased Positions 71
Positions with Activity 158
Sold Out Positions 10
Total Mkt Value (in $ millions) 708

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 0.62%
Capital Goods 5.04%
Conglomerates
Consumer Cyclical 7.62%
Consumer/Non-Cyclical 4.21%
Energy 2.01%
Financial 33.46%
Healthcare 5.43%
Services 28.97%
Technology 9.83%
Transportation 1.43%
Utilities 0.37%

87 INCREASED Positions as of 06/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
JOURNAL COMMUNICATIONS INC CL A 10,252 1,804 21.35 1,216,133
HOME LN SERVICING SOLUTIONS LT ORD SHS 9,958 96 .97 469,933
BLACKROCK RES & COMM STRAT TR SHS 8,561 123 1.46 762,348
U S PHYSICAL THERAPY INC COM 8,420 321 3.97 237,922
TECHTARGET INC COM 8,323 3,375 68.21 968,875
HORACE MANN EDUCATORS CORP NEW COM 7,745 1,380 21.68 271,662
COHEN & STEERS INFRASTRUCTURE COM 7,735 94 1.23 334,121
NUVEEN BUILD AMER BD FD COM 7,056 107 1.54 346,043
MONOTYPE IMAGING HOLDINGS INC COM 6,969 1,603 29.86 246,078
GDL FUND COM SH BEN IT 6,944 126 1.85 658,472
MVC CAPITAL INC COM 6,515 6,515 New 605,459
MOVE INC COM NEW 6,384 271 4.43 304,559
REIS INC COM 6,310 471 8.06 267,474
HACKETT GROUP INC COM 5,878 3 .05 986,281
MACQUARIE INFRASTR CO LLC MEMBERSHIP INT 5,584 96 1.74 83,719
CALAMOS STRATEGIC TOTL RETN FD COM SH BEN INT 5,477 4 .08 468,112
CHEROKEE INC DEL NEW COM 5,255 197 3.89 288,605
EATON VANCE TAX ADVT DIV INCM COM 5,125 89 1.76 253,860
CLOUGH GLOBAL OPPORTUNITIES FD SH BEN INT 4,958 438 9.69 415,581
PUTNAM PREMIER INCOME TR SH BEN INT 4,898 26 .54 893,745