9/4/14 Forward Funds N-CSRS 6/30/14 3:18M Donnelley … Solutions/FA → Forward Balanced Allocation Fund → Forward Equity Long/Short Fund → Forward Global Dividend Fund → Forward Growth & Income Allocation Fund → Forward Income & Growth Allocation Fund → Forward Managed Futures Strategy Fund → Forward Multi-Strategy Fund → Forward Select EM Dividend Fund → Forward Small Cap Equity Fund → Forward Tactical Enhanced Fund → Forward U.S. Government Money Fund → Salient Adaptive Balanced Fund → Salient Adaptive Income Fund → Salient Adaptive US Equity Fund → Salient Commodity Long/Short Strategy Fund → Salient EM Corporate Debt Fund → Salient EM Dividend Signal Fund → Salient EM Infrastructure Fund → Salient Frontier Strategy Fund → Salient Global Real Estate Fund → Salient High Yield Fund → Salient International Dividend Signal Fund → Salient International Small Cap Fund → Salient Investment Grade Fund → Salient Real Estate Fund → Salient Select Income Fund → Salient Select Opportunity Fund → Salient Tactical Growth Fund → Salient Tactical Muni & Credit Fund → Salient Tactical Real Estate Fund → Salient US Dividend Signal Fund 8/28/14 Forward Funds NSAR-A 6/30/14 1:141K → Forward Balanced Allocation Fund → Forward Equity Long/Short Fund → Forward Global Dividend Fund → Forward Growth & Income Allocation Fund → Forward Income & Growth Allocation Fund → Forward Managed Futures Strategy Fund → Forward Multi-Strategy Fund → Forward Select EM Dividend Fund → Forward Small Cap Equity Fund → Forward Tactical Enhanced Fund → Forward U.S. Government Money Fund → Salient Adaptive Balanced Fund → Salient Adaptive Income Fund → Salient Adaptive US Equity Fund → Salient Commodity Long/Short Strategy Fund → Salient EM Corporate Debt Fund → Salient EM Dividend Signal Fund → Salient EM Infrastructure Fund → Salient Frontier Strategy Fund → Salient Global Real Estate Fund → Salient High Yield Fund → Salient International Dividend Signal Fund → Salient International Small Cap Fund → Salient Investment Grade Fund → Salient Real Estate Fund → Salient Select Income Fund → Salient Select Opportunity Fund → Salient Tactical Growth Fund → Salient Tactical Muni & Credit Fund → Salient Tactical Real Estate Fund → Salient US Dividend Signal Fund 7/31/14 Forward Funds N-PX 6/30/14 1:11M Donnelley … Solutions/FA → Forward Equity Long/Short Fund → Forward Global Dividend Fund → Forward Select EM Dividend Fund → Forward Small Cap Equity Fund → Salient EM Corporate Debt Fund → Salient EM Dividend Signal Fund → Salient EM Infrastructure Fund → Salient Global Real Estate Fund → Salient International Dividend Signal Fund → Salient International Small Cap Fund → Salient Real Estate Fund → Salient Select Income Fund → Salient Select Opportunity Fund → Salient Tactical Real Estate Fund → Salient US Dividend Signal Fund 7/7/14 Forward Funds N-MFP 6/30/14 1:42K R R Donnelley … Filer/FA → Forward U.S. Government Money Fund