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Westport Funds Select Cap Fund Q3 Letter To Investors

Westport Funds Select Cap Fund Q3 Commentary
Portfolio Review

During the third quarter, the Westport Select Cap Fund’s Class R shares fell 3.43%, ahead of the Russell 2000® Index’s loss of 7.36%. For the first nine months of 2014, the Westport Select Cap Fund’s Class R shares outperformed the Russell 2000® Index with a positive return of 1.34% compared to a decline of 4.41% for the Index.

Since inception 16¾ years ago, theWestport Select Cap Fund has outperformed the Index by more than 3% points a year, with an annual average return of . . .

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