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Stock Update: Patterson Companies

Patterson was the second-worst performer with a loss of -$1.18 million. Patterson, a distributor of veterinary and dental products, has experienced weakness in the dental segment. The CEO has been removed and we are maintaining the position in anticipation that new management will serve as a catalyst for better results. Consequently, this should help drive the stock higher.
 

The portfolio is actively managed. For the FAM Equity-Income Fund's current Top 10 Holdings to the most recent quarter-end, view its Portfolio Details.

To obtain the FAM Equity-Income Fund's performance data that is current to the most recent month-end, click here.

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