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 184
New Positions 10
Increased Positions 87
Decreased Positions 72
Positions with Activity 159
Sold Out Positions 11
Total Mkt Value (in $ millions) 739

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

Sector Weighting

Basic Materials 0.61%
Capital Goods 5.03%
Conglomerates
Consumer Cyclical 7.7%
Consumer/Non-Cyclical 3.89%
Energy 2.14%
Financial 33.26%
Healthcare 5.4%
Services 29.26%
Technology 9.89%
Transportation 1.46%
Utilities 0.38%

184 Positions as of 06/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
FIVE STAR QUALITY CARE INC COM 7,993 -15 (0.19) 1,745,279
CALLAWAY GOLF CO COM 7,868 -9 (0.12) 1,043,451
MVC CAPITAL INC COM 7,701 7,701 New 605,459
ROUSE PPTYS INC COM 7,606 -36 (0.47) 439,402
CENTURYLINK INC COM 7,381 -48 (0.65) 180,650
UNITED FINL BANCORP INC NEW COM 7,317 -51 (0.7) 590,086
J & J SNACK FOODS CORP COM 7,263 -32 (0.44) 76,600
MONOTYPE IMAGING HOLDINGS INC COM 7,210 1,658 29.86 246,078
NUVEEN BUILD AMER BD FD COM 7,180 109 1.54 346,043
TRUEBLUE INC COM 7,102 -44 (0.62) 265,604
GDL FUND COM SH BEN IT 7,079 129 1.85 658,472
ASCENT CAP GROUP INC COM SER A 6,660 -48 (0.72) 106,814
A H BELO CORP COM CL A 6,475 -93 (1.42) 563,082
REIS INC COM 6,232 465 8.06 267,474
WESTWOOD HLDGS GROUP INC COM 6,059 -44 (0.72) 102,734
MACQUARIE INFRASTR CO LLC MEMBERSHIP INT 5,997 103 1.74 83,719
HACKETT GROUP INC COM 5,967 3 .05 986,281
DATALINK CORP COM 5,893 -13 (0.22) 481,438
SCRIPPS E W CO OHIO CL A NEW 5,771 -11 (0.19) 306,293
CALAMOS STRATEGIC TOTL RETN FD COM SH BEN INT 5,674 5 .08 468,112