Benchmark Returns

BenchmarkReturns as of 02/28/2017Month End YTD
as of
02/28/2017
Average Annual Total
Returns as of 02/28/2017
1 Month3 Month1 Year3 Year5 Year10 Year
Balanced Composite Index2.50%5.05%3.78% 15.94%7.19%9.32%6.83%
BloomBarc 1 Year Municipal Index0.33%0.89%0.69% 0.53%0.66%0.70%1.83%
BloomBarc 1-15 Year Municipal Index0.67%2.36% 1.38%0.02%2.68%2.49%4.05%
BloomBarc 1-5 Year Municipal Index0.59%1.65%1.32% 0.26%1.19%1.32%2.93%
BloomBarc CA Municipal Index0.58%2.56%1.37% –0.03%3.65%3.55%4.46%
BloomBarc GA ex-USD FlAdjRIC Cp Hgd1.03%0.55% 0.11%2.26%4.44%
BloomBarc MA Municipal Index0.70%2.67%1.33% –0.20%3.29%2.76%4.29%
BloomBarc Municipal Bond Index0.69%2.55%1.36% 0.25%3.53%3.07%4.28%
BloomBarc Municipal CA Intermed Idx0.64%2.58% 1.62%–0.69%2.49%2.77%4.58%
BloomBarc NJ Municipal Index0.95%2.33%1.63% 0.95%3.13%2.99%4.18%
BloomBarc NY Municipal Index0.63%2.46%1.24% 0.21%3.54%3.05%4.26%
BloomBarc OH Municipal Index0.72%2.62%1.39% 0.38%3.86%3.38%4.05%
BloomBarc PA Municipal Index0.67%2.58%1.29% 0.21%3.63%3.25%4.48%
BloomBarc US 0-5 Year TIPS Index0.10%0.86%0.55% 2.57%0.53%0.30%
BloomBarc US 1-3Yr Gov Flt Adj Idx0.10%0.27%0.24% 0.38%0.69%0.63%
BloomBarc US 1-5 Year Credit Index0.43%0.94%0.80% 2.75%1.81%2.21%3.80%
BloomBarc US 1-5 Year Treasury Idx0.15%0.35%0.33% 0.01%0.97%0.83%2.69%
BloomBarc US 1-5 Yr Corporate Index0.48%1.04% 0.88%3.26%2.01%2.47%4.01%

BenchmarkReturns as of 02/28/2017Month End YTD
as of
02/28/2017
Average Annual Total
Returns as of 02/28/2017
1 Month3 Month1 Year3 Year5 Year10 Year
BloomBarc US 1-5 Yr Government Idx0.15%0.35%0.34% 0.05%0.98%0.85%2.68%
BloomBarc US 10+ Year Corp Index2.00%3.81%2.13% 11.56%5.85%5.13%6.83%
BloomBarc US 3-10Yr Gov Flt Adj Idx0.42%0.59% 0.66%–1.12%2.06%1.57%
BloomBarc US 5-10 Year Corp Index1.12%1.85%1.50% 5.48%4.05%4.19%5.82%
BloomBarc US 5-10 Year Credit Index1.13%1.86% 1.52%4.95%3.91%4.01%5.81%
BloomBarc US 5-10 Yr Treasury Index0.62%0.73% 0.85%–1.87%2.55%1.77%4.94%
BloomBarc US Agg Float Adj Index0.69%1.06%0.91% 1.54%2.62%2.25%
BloomBarc US GNMA Index0.44%0.30%0.32% 0.39%2.32%1.81%4.26%
BloomBarc US Long Gov Flt Adj Idx1.55%1.42%1.97% –4.29%6.23%3.38%
BloomBarc US Long Treasury Index1.56%1.41%1.96% –4.48%6.26%3.36%6.65%
BloomBarc US LongCredit A/Better Ix1.91%3.07% 1.89%6.52%6.16%4.93%6.44%
BloomBarc US MBS Float Adj Index0.46%0.42%0.43% 0.50%2.42%2.02%
BloomBarc US Treas Bellwether:1Yr0.03%0.20%0.16% 0.82%0.49%0.41%1.39%
BloomBarc US Trsy Inflat Prtcd Idx0.47%1.22%1.32% 3.36%1.89%0.77%4.27%
BloomBarc USD EmergMkt GovRIC CapIx1.79%4.42% 3.13%11.72%5.89%
CA Tax-Exempt Money Mkt Funds Avg0.01%0.05%0.02% 0.15%0.05%0.03%0.44%
Conservative Growth Composite Index1.65%3.67% 2.61%10.25%4.69%5.92%5.15%
Convertibles Composite Index1.69%5.27%3.64% 18.08%4.92%9.11%6.08%

BenchmarkReturns as of 02/28/2017Month End YTD
as of
02/28/2017
Average Annual Total
Returns as of 02/28/2017
1 Month3 Month1 Year3 Year5 Year10 Year
CRSP US Total Market Index3.72%7.75%5.71% 26.29%9.87%13.81%
Dividend Growth Spliced Index4.37%7.44%6.29% 20.34%8.89%11.94%6.57%
FTSE All-World ex US Index1.73%8.07%5.21% 19.87%0.48%4.00%1.96%
FTSE AW ex US High Div Yield Idx1.47%8.43%4.49% 22.07%–0.94%3.84%1.74%
FTSE Emerging Index3.26%8.81%8.05%30.74% 2.86%–0.01%3.31%
FTSE Global All Cap Index Hdg.2.97%7.20%4.52% 23.34%8.05%11.10%5.39%
FTSE Global Small-Cap ex US Index2.24%8.05%6.18% 18.49%0.31%4.95%2.50%
FTSE High Dividend Yield Index3.58%6.71%3.69% 24.07%11.60%14.12%7.74%
Growth Composite Index2.51%6.48%4.57% 19.20%6.04%9.12%5.71%
High-Yield Corporate Composite Idx1.12%3.80%2.31% 16.28%4.43%6.19%6.86%
iMoneyNet MFR Treasury Funds Avg0.01%0.03%0.02% 0.03%0.01%0.01%0.44%
Income Composite Index1.22%2.28%1.64% 5.95%3.92%4.26%4.82%
Inst Money Market Funds Average0.05%0.14%0.10% 0.36%0.13%0.09%0.75%
Managed Payout Composite Index2.05%5.13%3.57% 15.43%4.44%6.35%
Moderate Growth Composite Index2.08%5.07%3.59% 14.67%5.40%7.55%5.61%
Money Market Funds Average0.03%0.09%0.06% 0.18%0.06%0.04%0.61%
MSCI US Broad Market Index3.71%7.78%5.74% 26.38%9.97%13.89%7.83%
MSCI US Prime Market 750 Index3.95%8.09%6.09% 25.48%10.39%13.95%7.81%

BenchmarkReturns as of 02/28/2017Month End YTD
as of
02/28/2017
Average Annual Total
Returns as of 02/28/2017
1 Month3 Month1 Year3 Year5 Year10 Year
MSCI US Small Cap 1750 Index1.89%5.46%3.17% 33.62%7.14%13.49%8.31%
NASDAQ Intl DividendAchieversSel Ix2.43%7.32% 5.16%12.98%
NASDAQ US Dividend Achievers Select4.37%7.44% 6.29%20.34%8.89%11.94%7.76%
NY Tax-Exempt Money Mkt Funds Avg0.01%0.03%0.02% 0.11%0.04%0.02%0.46%
REIT Spliced Index3.46%8.30%3.45%16.69% 11.14%11.47%4.95%
Russell 1000 Growth Index4.15%9.00%7.66% 22.15%10.47%13.79%9.07%
Russell 1000 Index3.87%7.95%5.96%25.53% 10.19%13.94%7.69%
Russell 1000 Value Index3.59%6.94%4.33% 29.13%9.90%14.02%6.20%
Russell 2000 Growth Index2.45%5.54%4.12% 30.91%5.42%12.29%8.03%
Russell 2000 Index1.93%5.20%2.33%36.11% 6.93%12.89%7.22%
Russell 2000 Value Index1.45%4.88%0.72% 41.29%8.37%13.43%6.31%
Russell 2500 Growth Index3.03%6.42%5.47% 28.05%6.20%12.39%8.49%
Russell 2500 Value Index1.86%5.34%2.42% 35.15%8.32%13.67%6.99%
Russell 3000 Growth Index4.02%8.73%7.39% 22.77%10.06%13.67%8.98%
Russell 3000 Index3.72%7.73%5.67%26.29% 9.92%13.85%7.64%
Russell 3000 Value Index3.42%6.77%4.04% 30.02%9.77%13.97%6.21%
Russell Midcap Growth Index2.88%6.67%6.31% 21.54%7.01%12.32%8.13%
Russell Midcap Value Index2.79%6.38%4.52% 31.84%9.77%14.75%7.67%

BenchmarkReturns as of 02/28/2017Month End YTD
as of
02/28/2017
Average Annual Total
Returns as of 02/28/2017
1 Month3 Month1 Year3 Year5 Year10 Year
S&P 500 Growth Index4.07%8.72%7.19%21.62% 10.79%14.21%9.16%
S&P 500 Index3.97%8.04%5.94%24.98% 10.63%14.01%7.62%
S&P 500 Value Index3.85%7.20%4.54%28.32% 10.25%13.68%5.96%
S&P Completion Index2.45%6.54%4.64%32.51% 6.78%13.03%8.00%
S&P EPAC SmallCap Index2.29%8.68%5.74% 16.68%2.55%8.55%3.04%
S&P Global ex U.S. Property Index2.88%5.90%5.43% 12.09%2.92%5.95%
S&P MidCap 400 Growth Index3.18%7.72%5.19% 27.45%8.89%12.95%9.85%
S&P MidCap 400 Index2.62%6.63%4.34%31.73% 9.64%13.83%9.15%
S&P MidCap 400 Value Index1.99%5.43%3.39% 35.46%10.05%14.53%8.35%
S&P National AMT-Free Muni Bond Idx0.58%2.18% 1.05%0.25%3.36%2.75%
S&P SmallCap 600 Growth Index1.73%5.55%1.98% 32.89%9.97%15.03%9.90%
S&P SmallCap 600 Index1.59%4.60%1.19% 34.97%9.75%14.93%9.00%
S&P SmallCap 600 Value Index1.44%3.54%0.33% 37.04%9.45%14.79%8.09%
Spl BloomBarc US 5-10Yr G/Cr FltAdj0.87%1.28% 1.18%1.33%3.22%2.87%5.31%
Spl BloomBarc US1-5YrGov/Cr FlAdjIx0.25%0.56% 0.50%0.98%1.27%1.27%2.98%
Spl BloomBarc USLongGv/Cr FltAdj Ix1.83%2.89% 2.15%4.44%5.93%4.33%6.81%
Spl Total International Stock Index1.78%8.07% 5.31%19.72%0.46%4.08%1.41%
Spliced BloomBarc USAgg Flt AdjIx0.69%1.06%0.91% 1.54%2.62%2.25%4.30%

BenchmarkReturns as of 02/28/2017Month End YTD
as of
02/28/2017
Average Annual Total
Returns as of 02/28/2017
1 Month3 Month1 Year3 Year5 Year10 Year
Spliced Developed ex US Index1.39%7.86%4.61% 17.23%0.15%5.59%1.24%
Spliced Emerging Markets Index3.45%8.35%8.15% 29.69%2.50%–0.14%2.98%
Spliced Energy Index–1.98%–0.59% –4.23%26.23%–5.89%–2.79% 1.14%
Spliced Equity Income Index3.58%6.71%3.69% 24.07%11.60%14.12%7.61%
Spliced European Stock Index1.22%8.80%3.44% 12.27%–2.76%5.00%0.82%
Spliced Extended Market Index2.45%6.54%4.64% 32.51%6.78%13.03%8.00%
Spliced Glbl Custom Metals & Mining–4.39% 8.74%8.93%49.96%–3.33%–9.87% –0.74%
Spliced Global Equity Index2.81%7.90%5.62% 22.07%4.81%8.25%4.09%
Spliced Growth Index4.37%9.36%8.19%22.60% 9.64%13.45%8.99%
Spliced Health Care Index5.73%9.63%8.05% 10.63%5.54%14.11%8.59%
Spliced Inst Total Stock Market Idx3.72%7.75% 5.71%26.29%9.87%13.83%7.80%
Spliced International Index1.59%7.88%5.19% 19.31%–0.19%3.55%0.24%
Spliced Large Cap Index3.97%8.10%6.08% 25.33%10.34%13.89%7.78%
Spliced Market Neutral Index USD0.04%0.11%0.08% 0.31%0.12%0.10%0.64%
Spliced Mega Cap Growth Index4.72%9.97%8.63% 23.20%10.28%13.87%9.23%
Spliced Mega Cap Index4.14%8.35%6.06% 25.18%10.69%13.99%7.75%
Spliced Mega Cap Value Index3.64%6.99%3.94% 26.95%11.08%14.23%6.27%
Spliced Mid Cap Growth Idx2.77%7.00%6.77% 22.55%7.10%11.61%7.68%

BenchmarkReturns as of 02/28/2017Month End YTD
as of
02/28/2017
Average Annual Total
Returns as of 02/28/2017
1 Month3 Month1 Year3 Year5 Year10 Year
Spliced Mid Cap Index3.10%6.88%6.18% 26.09%8.62%13.37%7.95%
Spliced Mid Cap Value Index3.38%6.78%5.70% 29.26%9.92%14.90%7.94%
Spliced NJ Tax-Ex Money Mkt Fds Avg0.01%0.06% 0.03%0.13%0.05%0.03%0.46%
Spliced PA Tax-Ex Money Mkt Fds Avg0.01%0.06% 0.03%0.13%0.05%0.03%0.46%
Spliced Pacific Stock Index2.23%7.49%6.88% 24.14%4.39%6.11%1.81%
Spliced Small and Mid Cap Index2.76%6.32%4.81% 29.81%8.27%13.71%8.23%
Spliced Small Cap Growth Index2.74%6.23%5.56% 28.29%4.40%11.50%8.36%
Spliced Small Cap Index2.37%5.93%3.98% 31.96%7.36%13.44%8.28%
Spliced Small Cap Value Index2.07%5.67%2.76% 34.99%9.85%14.93%7.90%
Spliced Social Index4.40%8.65%6.89%26.63% 10.79%15.51%6.91%
Spliced Total Stock Market Index3.72%7.75%5.71% 26.29%9.87%13.82%7.80%
Spliced Total World Stock Index2.83%7.94%5.60% 23.16%5.26%8.78%
Spliced US IMI Consumer Discr 25/501.75%5.87% 5.67%18.51%9.40%16.03%9.85%
Spliced US IMI Consumer Stapl 25/504.51%9.29% 5.85%12.16%12.05%13.95%10.91%
Spliced US IMI Energy 25/50–2.68%–4.24% –5.91%29.68%–5.18%0.35% 3.66%
Spliced US IMI Financials 25/504.84%9.41%5.10% 47.02%14.18%17.43%1.91%
Spliced US IMI Health Care 25/506.43%9.93%9.41% 17.33%9.66%17.99%11.02%
Spliced US IMI Industrials 25/503.35%5.66%4.94% 29.90%9.84%14.82%8.53%

BenchmarkReturns as of 02/28/2017Month End YTD
as of
02/28/2017
Average Annual Total
Returns as of 02/28/2017
1 Month3 Month1 Year3 Year5 Year10 Year
Spliced US IMI Info Tech 25/504.93%11.01%9.54% 33.64%14.74%14.97%11.00%
Spliced US IMI Materials 25/501.14%5.76%5.87% 34.26%6.29%10.00%6.80%
Spliced US IMI Telecom Serv 25/50–2.80% 4.84%–2.27%13.77%9.85%12.39%5.54%
Spliced US IMI Utilities 25/504.91%11.25%6.22% 17.26%12.53%12.83%7.43%
Spliced Value Index3.61%7.02%4.28%27.82% 10.97%14.35%6.52%
STAR Composite Index2.14%5.23%3.80%15.60% 5.45%7.74%5.78%
Target Retirement 2010 Composite Ix1.34%3.03% 2.14%8.68%4.03%5.51%4.80%
Target Retirement 2015 Composite Ix1.69%4.03% 2.84%11.73%4.71%6.71%5.11%
Target Retirement 2020 Composite Ix1.99%4.83% 3.41%14.13%5.28%7.65%5.41%
Target Retirement 2025 Composite Ix2.19%5.42% 3.83%15.92%5.57%8.27%5.48%
Target Retirement 2030 Composite Ix2.35%5.95% 4.20%17.62%5.80%8.85%5.52%
Target Retirement 2035 Composite Ix2.51%6.48% 4.57%19.33%6.03%9.43%5.66%
Target Retirement 2040 Composite Ix2.67%7.01% 4.94%21.05%6.24%9.83%5.87%
Target Retirement 2045 Composite Ix2.73%7.19% 5.07%21.50%6.34%9.89%5.89%
Target Retirement 2050 Composite Ix2.73%7.19% 5.07%21.50%6.34%9.89%5.89%
Target Retirement 2055 Composite Ix2.73%7.19% 5.07%21.50%6.34%9.89%
Target Retirement 2060 Composite Ix2.73%7.19% 5.07%21.50%6.34%9.89%
Target Retirement Income Compos. Ix1.32%2.97% 2.10%8.23%3.90%4.73%5.02%

BenchmarkReturns as of 02/28/2017Month End YTD
as of
02/28/2017
Average Annual Total
Returns as of 02/28/2017
1 Month3 Month1 Year3 Year5 Year10 Year
Tax-Exempt Money Mkt Funds Average0.02%0.08%0.04% 0.16%0.06%0.04%0.45%
Tax-Managed Balanced Compos. Index2.26%5.13%3.65% 12.22%6.62%8.31%6.47%
US Gov't Money Market Funds Average0.01%0.03% 0.02%0.04%0.01%0.01%0.54%
Wellesley Income Composite Index1.88%3.33%2.04% 10.14%6.31%7.04%6.08%
Wellington Composite Index2.91%5.73%4.25% 16.96%8.18%10.25%6.88%

Index performance is provided as a benchmark. It is not illustrative of any particular investment. An investment cannot be made in an index.