Domestic Equity 

Fund Overview
Adviser: Mason Street Advisors, LLC
Subadviser: Delaware Investments Fund Advisers
Objective/Focus: Invests primarily in a core group of 30-40 U.S. equity securities believed to be undervalued relative to their intrinsic value. The objective is to seek long–term growth of capital and income.
Asset Class: Large-Cap Stocks
Style: Value
Funds with a limited number of holdings may be more greatly affected by any single event or market development than funds that include more holdings.
Fund Facts as of 06/30/14
Fund Inception 07-31-2001
First Available for Variable Annuity 07-31-2001
First Available for Variable Life 07-31-2001
Net Assets $603.01 Million
Top 10 Portfolio Holdings % of Net Assets
Broadcom Corp. - Class A 3.7%
Halliburton Co. 3.5%
Intel Corp. 3.3%
Cisco Systems, Inc. 3.3%
ConocoPhillips 3.3%
Merck & Co., Inc. 3.2%
Chevron Corp. 3.2%
The Bank of New York Mellon Corp. 3.2%
Mondelez International, Inc. 3.2%
Xerox Corp. 3.1%
Total % of Net Assets 33.0%
Download Publicly Disclosed Holdings
Sector Weightings % of Equities
Health Care 18.2%
Energy 16.3%
Information Technology 14.7%
Financials 12.4%
Consumer Staples 12.3%

You should carefully consider the investment objectives, risks, expenses and charges of the investment company before you invest. Your Northwestern Mutual Investment Services Registered Representative can provide you with a contract and fund prospectus that will contain the information noted above, and other important information that you should read carefully before you invest or send money.

Mason Street Advisors, LLC (MSA), a wholly owned company of Northwestern Mutual, is a federally registered investment adviser. MSA is the principal investment adviser for all the Portfolios in the Northwestern Mutual Series Fund (Series Fund). (Portfolios in the Series Funds are identified by the parenthetical next to the portfolio name.) MSA has engaged and oversees subadvisers who provide day-to-day management for certain of the Series Fund Portfolios. Each subadviser may be replaced without the approval of shareholders. Please see the prospectus for more information. Additional fund options are advised by Russell Investments, Fidelity® Investments, Credit Suisse Asset Management, LLC, and Neuberger Berman Management, LLC.

All securities are offered through Northwestern Mutual Investment Services LLC, (NMIS), Subsidiary of Northwestern Mutual and member FINRA and SIPC.

NMFN-S33 (1012)