Benchmark Returns

BenchmarkReturns as of 10/31/2017Month End YTD
as of
10/31/2017
Average Annual Total
Returns as of 10/31/2017
1 Month3 Month1 Year3 Year5 Year10 Year
Balanced Composite Index1.32%3.10%11.06% 14.30%7.45%9.93%6.75%
BloomBarc 1 Year Municipal Index0.01%0.12%1.31% 1.07%0.74%0.74%1.62%
BloomBarc 1-15 Year Municipal Index0.14%0.34% 4.32%1.94%2.50%2.51%4.12%
BloomBarc 1-5 Year Municipal Index–0.02% 0.03%2.54%1.32%1.27%1.34%2.76%
BloomBarc CA Municipal Index0.32%0.47%5.04% 2.18%3.01%3.40%4.74%
BloomBarc GA ex-USD FlAdjRIC Cp Hgd0.77%1.26% 2.19%1.43%3.49%
BloomBarc MA Municipal Index0.22%0.28%4.57% 1.66%2.77%2.76%4.46%
BloomBarc Municipal Bond Index0.24%0.49%4.92% 2.19%3.04%3.00%4.50%
BloomBarc Municipal CA Intermed Idx0.10%–0.07% 4.63%1.67%2.42%2.71%4.63%
BloomBarc NJ Municipal Index0.34%2.23%7.36% 3.14%3.58%3.27%4.67%
BloomBarc NY Municipal Index0.24%0.33%4.64% 2.17%2.99%2.99%4.44%
BloomBarc OH Municipal Index0.13%0.24%4.65% 2.01%3.14%3.28%4.22%
BloomBarc PA Municipal Index0.33%0.48%5.19% 2.44%3.20%3.24%4.70%
BloomBarc US 0-5 Year TIPS Index0.18%0.38%0.85% 0.64%0.70%0.24%
BloomBarc US 1-3Yr Gov Flt Adj Idx–0.07% –0.03%0.66%0.27%0.67%0.65%
BloomBarc US 1-5 Year Credit Index0.08%0.27%2.54% 1.70%2.02%1.92%3.64%
BloomBarc US 1-5 Year Treasury Idx–0.10% –0.09%0.99%0.01%0.97%0.82%2.32%
BloomBarc US 1-5 Yr Corporate Index0.11%0.33% 2.76%1.98%2.26%2.14%3.89%

BenchmarkReturns as of 10/31/2017Month End YTD
as of
10/31/2017
Average Annual Total
Returns as of 10/31/2017
1 Month3 Month1 Year3 Year5 Year10 Year
BloomBarc US 1-5 Yr Government Idx–0.10% –0.09%0.99%0.05%0.97%0.83%2.32%
BloomBarc US 10+ Year Corp Index0.80%2.04%9.33% 5.95%5.73%4.50%7.57%
BloomBarc US 3-10Yr Gov Flt Adj Idx–0.17% –0.15%1.93%–0.70%1.84%1.34%
BloomBarc US 5-10 Year Corp Index0.34%0.79%5.47% 2.80%4.11%3.51%6.07%
BloomBarc US 5-10 Year Credit Index0.30%0.77% 5.42%2.62%3.89%3.32%6.01%
BloomBarc US 5-10 Yr Treasury Index–0.19% –0.14%2.41%–1.18%2.13%1.42% 4.65%
BloomBarc US Agg Float Adj Index0.07%0.47%3.28% 0.94%2.41%2.04%
BloomBarc US GNMA Index–0.05%0.44% 1.79%0.19%1.79%1.70%4.05%
BloomBarc US Long Gov Flt Adj Idx–0.06% 1.12%5.99%–2.30%3.90%2.87%
BloomBarc US Long Treasury Index–0.08% 1.12%5.94%–2.44%3.88%2.85%6.73%
BloomBarc US LongCredit A/Better Ix0.79%2.07% 8.81%4.74%5.81%4.44%7.18%
BloomBarc US MBS Float Adj Index–0.03% 0.47%2.20%0.53%2.01%1.95%
BloomBarc US Treas Bellwether:1Yr0.04%0.20%0.60% 0.64%0.57%0.46%1.07%
BloomBarc US Trsy Inflat Prtcd Idx0.21%0.63%1.94% –0.11%1.40%–0.11%3.81%
BloomBarc USD EmergMkt GovRIC CapIx0.33%1.87% 8.25%5.74%5.47%
CA Tax-Exempt Money Mkt Funds Avg0.03%0.07%0.18% 0.22%0.11%0.06%0.26%
Conservative Growth Composite Index0.99%2.29% 9.22%9.73%5.41%6.58%5.13%
Convertibles Composite Index1.54%3.07%11.87% 15.30%6.84%10.37%6.10%

BenchmarkReturns as of 10/31/2017Month End YTD
as of
10/31/2017
Average Annual Total
Returns as of 10/31/2017
1 Month3 Month1 Year3 Year5 Year10 Year
CRSP US Total Market Index2.16%4.85%16.43% 23.96%10.50%15.11%
Dividend Growth Spliced Index2.07%4.14%15.45% 20.20%9.44%12.92%6.33%
FTSE All-World ex US Index1.94%4.34%23.07% 23.48%6.12%7.67%1.36%
FTSE AW ex US High Div Yield Idx0.41%2.74%19.07% 22.13%3.83%6.57%0.82%
FTSE Emerging Index2.56%4.47%26.68%21.44% 4.64%4.58%0.76%
FTSE Global All Cap Index Hdg.2.69%5.50%17.02% 23.01%9.94%13.23%5.24%
FTSE Global Small-Cap ex US Index1.64%4.57%24.59% 23.82%8.12%8.87%2.08%
FTSE High Dividend Yield Index1.70%4.63%11.46% 19.54%10.02%14.10%7.63%
Global Wellesley Income Comp Index0.64%
Global Wellington Composite Index1.52%
Growth Composite Index1.71%3.88%15.78% 19.01%7.91%10.76%5.77%
High-Yield Corporate Composite Idx0.42%1.23%6.66% 7.53%5.04%5.67%7.08%
iMoneyNet MFR Treasury Funds Avg0.05%0.13%0.27% 0.28%0.09%0.06%0.19%
Income Composite Index0.63%1.50%6.05% 5.33%4.09%4.47%4.77%
Managed Payout Composite Index1.44%3.16%12.23% 14.33%5.94%7.57%
Moderate Growth Composite Index1.35%3.08%12.46% 14.29%6.69%8.69%5.63%
Money Market Funds Average0.06%0.18%0.47% 0.52%0.20%0.12%0.35%
MSCI US Broad Market Index2.17%4.82%16.44% 23.94%10.56%15.16%7.75%

BenchmarkReturns as of 10/31/2017Month End YTD
as of
10/31/2017
Average Annual Total
Returns as of 10/31/2017
1 Month3 Month1 Year3 Year5 Year10 Year
MSCI US Prime Market 750 Index2.31%4.74%17.02% 23.67%10.68%15.22%7.68%
MSCI US Small Cap 1750 Index0.99%5.38%11.81% 25.67%9.63%14.73%8.45%
NASDAQ Intl DividendAchieversSel Ix1.10%2.09% 22.97%20.20%
NASDAQ US Dividend Achievers Select2.07%4.14% 15.45%20.20%9.44%12.92%7.74%
NY Tax-Exempt Money Mkt Funds Avg0.03%0.07%0.21% 0.23%0.10%0.06%0.27%
REIT Spliced Index–0.99%–1.33% 2.58%5.56%5.89%9.54%5.77%
Russell 1000 Growth Index3.87%7.15%25.40% 29.71%13.15%16.83%9.13%
Russell 1000 Index2.29%4.80%16.78%23.67% 10.58%15.18%7.61%
Russell 1000 Value Index0.73%2.50%8.70% 17.78%7.99%13.48%5.99%
Russell 2000 Growth Index1.55%6.95%18.62% 31.00%10.51%15.36%8.16%
Russell 2000 Index0.85%5.78%11.89%27.85% 10.12%14.49%7.63%
Russell 2000 Value Index0.13%4.59%5.81% 24.81%9.67%13.58%7.04%
Russell 2500 Growth Index2.68%7.18%20.16% 30.07%10.66%15.50%8.56%
Russell 2500 Value Index0.55%3.59%6.44% 19.97%8.56%13.46%7.57%
Russell 3000 Growth Index3.69%7.14%24.87% 29.80%12.94%16.71%9.06%
Russell 3000 Index2.18%4.88%16.40%23.98% 10.53%15.12%7.61%
Russell 3000 Value Index0.68%2.66%8.46% 18.30%8.11%13.48%6.07%
Russell Midcap Growth Index2.80%6.45%20.57% 26.25%9.98%15.34%8.23%

BenchmarkReturns as of 10/31/2017Month End YTD
as of
10/31/2017
Average Annual Total
Returns as of 10/31/2017
1 Month3 Month1 Year3 Year5 Year10 Year
Russell Midcap Value Index0.80%1.62%8.30% 17.12%8.26%14.49%7.90%
S&P 500 Growth Index3.28%5.97%23.24% 26.51%12.37%16.40%9.25%
S&P 500 Index2.33%4.76%16.91%23.63% 10.77%15.18%7.51%
S&P 500 Value Index1.15%3.25%9.74%19.62% 8.67%13.62%5.58%
S&P Completion Index1.40%5.27%14.24% 25.43%9.40%14.73%8.08%
S&P EPAC SmallCap Index1.59%5.10%27.50% 27.22%11.89%12.79%3.63%
S&P Global ex U.S. Property Index0.42%2.01%19.68% 15.58%5.28%6.30%
S&P MidCap 400 Growth Index3.45%5.89%15.86% 25.51%11.68%15.02%9.50%
S&P MidCap 400 Index2.26%4.64%11.88% 23.48%10.71%15.13%8.96%
S&P MidCap 400 Value Index1.00%3.30%7.67% 20.74%9.31%14.98%8.30%
S&P National AMT-Free Muni Bond Idx0.16%0.62% 4.59%1.92%2.95%2.70%4.25%
S&P SmallCap 600 Growth Index1.26%5.66%11.88% 29.44%12.76%16.61%9.58%
S&P SmallCap 600 Index0.95%5.94%9.96% 27.92%11.85%16.29%9.17%
S&P SmallCap 600 Value Index0.63%6.22%7.87% 26.16%10.85%15.91%8.71%
Spl BloomBarc US 5-10Yr G/Cr FltAdj0.05%0.30% 3.87%0.66%2.98%2.35%5.26%
Spl BloomBarc US1-5YrGov/Cr FlAdjIx–0.04% 0.04%1.54%0.63%1.34%1.19%2.69%
Spl BloomBarc USLongGv/Cr FltAdj Ix0.40%1.67% 8.09%2.52%4.83%3.78%7.24%
Spl Total International Stock Index1.91%4.36% 23.24%23.52%6.32%7.80%1.01%

BenchmarkReturns as of 10/31/2017Month End YTD
as of
10/31/2017
Average Annual Total
Returns as of 10/31/2017
1 Month3 Month1 Year3 Year5 Year10 Year
Spliced BloomBarc USAgg Flt AdjIx0.07%0.47%3.28% 0.94%2.41%2.04%4.21%
Spliced Developed ex US Index1.73%4.33%22.45% 24.06%6.90%9.04%1.34%
Spliced Emerging Markets Index2.58%4.65%26.01% 20.71%4.06%4.17%0.28%
Spliced Energy Index0.95%6.33%0.91%9.59% –3.73%–0.33%–1.34%
Spliced Equity Income Index1.70%4.63%11.46% 19.54%10.02%14.10%7.63%
Spliced European Stock Index0.44%3.90%24.33% 27.96%6.02%8.62%0.88%
Spliced Extended Market Index1.40%5.27%14.24% 25.43%9.40%14.73%8.08%
Spliced Glbl Custom Metals & Mining0.64%2.40% 17.05%14.45%6.47%–6.28%–4.08%
Spliced Global Equity Index2.08%4.45%19.69% 23.20%7.92%10.80%3.70%
Spliced Growth Index2.86%5.19%23.81% 26.64%11.49%15.87%8.87%
Spliced Health Care Index–1.11%1.23% 17.32%18.98%5.30%13.54%8.61%
Spliced Inst Total Stock Market Idx2.16%4.85% 16.43%23.96%10.50%15.10%7.73%
Spliced International Index1.88%4.32%23.41% 23.64%5.71%7.29%0.36%
Spliced Large Cap Index2.31%4.77%17.13% 23.78%10.66%15.18%7.66%
Spliced Market Neutral Index USD0.09%0.27%0.65% 0.71%0.31%0.20%0.38%
Spliced Mega Cap Growth Index3.01%5.44%25.21% 27.99%12.15%16.22%9.20%
Spliced Mega Cap Index2.48%5.09%17.64% 24.40%10.98%15.20%7.60%
Spliced Mega Cap Value Index2.00%4.77%11.39% 21.27%9.98%14.40%6.05%

BenchmarkReturns as of 10/31/2017Month End YTD
as of
10/31/2017
Average Annual Total
Returns as of 10/31/2017
1 Month3 Month1 Year3 Year5 Year10 Year
Spliced Mid Cap Growth Idx2.19%4.17%18.60% 22.66%8.86%14.47%7.20%
Spliced Mid Cap Index1.44%3.15%14.54% 20.71%9.06%15.03%7.96%
Spliced Mid Cap Value Index0.79%2.27%11.19% 19.05%9.19%15.45%8.51%
Spliced NJ Tax-Ex Money Mkt Fds Avg0.04%0.10% 0.26%0.30%0.13%0.08%0.28%
Spliced PA Tax-Ex Money Mkt Fds Avg0.04%0.10% 0.26%0.30%0.13%0.08%0.28%
Spliced Pacific Stock Index4.19%5.42%22.89% 21.11%8.54%9.90%2.42%
Spliced Small and Mid Cap Index1.59%4.65%13.62% 23.16%9.71%15.28%8.33%
Spliced Small Cap Growth Index2.38%5.89%18.00% 26.48%8.92%13.73%8.12%
Spliced Small Cap Index1.55%5.03%12.31% 24.25%9.36%14.60%8.39%
Spliced Small Cap Value Index0.86%4.32%7.88% 22.35%9.69%15.14%8.45%
Spliced Social Index2.80%5.64%19.62% 26.36%11.47%17.06%7.62%
Spliced Total Stock Market Index2.16%4.85%16.43% 23.96%10.50%15.09%7.72%
Spliced Total World Stock Index2.07%4.63%19.73% 23.78%8.50%11.38%
Spliced US IMI Consumer Discr 25/501.63%1.47% 14.51%20.70%11.40%16.28%10.92%
Spliced US IMI Consumer Stapl 25/50–1.42% –3.20%3.94%3.26%7.05%11.72%9.51%
Spliced US IMI Energy 25/50–0.95%3.35% –9.12%1.57%–6.46%0.52%0.30%
Spliced US IMI Financials 25/502.62%6.05%14.49% 35.70%13.85%17.45%3.30%
Spliced US IMI Health Care 25/50–0.80% 2.37%20.58%24.29%8.63%17.74%11.16%

BenchmarkReturns as of 10/31/2017Month End YTD
as of
10/31/2017
Average Annual Total
Returns as of 10/31/2017
1 Month3 Month1 Year3 Year5 Year10 Year
Spliced US IMI Industrials 25/500.70%5.54%14.99% 26.96%11.23%16.75%7.81%
Spliced US IMI Info Tech 25/507.36%11.67%35.66% 38.12%18.92%20.69%10.95%
Spliced US IMI Materials 25/503.71%8.48%20.13% 30.15%9.82%12.83%6.15%
Spliced US IMI Telecom Serv 25/50–2.87% –3.64%–8.17%1.73%4.18%8.47% 3.72%
Spliced US IMI Utilities 25/503.98%4.42%16.33% 16.34%10.76%12.92%7.17%
Spliced Value Index1.81%4.40%11.51%21.28% 9.93%14.60%6.45%
STAR Composite Index1.33%3.07%12.52% 14.94%6.78%8.86%5.74%
Target Retirement 2015 Composite Ix1.03%2.38% 9.65%10.70%5.48%7.43%4.83%
Target Retirement 2020 Composite Ix1.26%2.88% 11.72%13.38%6.39%8.69%5.20%
Target Retirement 2025 Composite Ix1.42%3.24% 13.19%15.38%6.94%9.53%5.29%
Target Retirement 2030 Composite Ix1.55%3.54% 14.44%17.14%7.40%10.31%5.33%
Target Retirement 2035 Composite Ix1.69%3.83% 15.69%18.93%7.85%11.08%5.53%
Target Retirement 2040 Composite Ix1.82%4.13% 16.95%20.74%8.29%11.66%5.81%
Target Retirement 2045 Composite Ix1.89%4.27% 17.47%21.43%8.50%11.79%5.87%
Target Retirement 2050 Composite Ix1.89%4.27% 17.47%21.43%8.50%11.79%5.87%
Target Retirement 2055 Composite Ix1.89%4.27% 17.47%21.43%8.50%11.79%
Target Retirement 2060 Composite Ix1.89%4.27% 17.47%21.43%8.50%11.79%
Target Retirement 2065 Composite Ix1.89%4.27%

BenchmarkReturns as of 10/31/2017Month End YTD
as of
10/31/2017
Average Annual Total
Returns as of 10/31/2017
1 Month3 Month1 Year3 Year5 Year10 Year
Target Retirement Income Compos. Ix0.80%1.84% 7.25%7.43%4.41%5.05%4.87%
Tax-Exempt Money Mkt Funds Average0.04%0.10%0.29% 0.35%0.14%0.09%0.27%
Tax-Managed Balanced Compos. Index1.21%2.56%10.44% 12.37%6.69%8.88%6.46%
US Gov't Money Market Funds Average0.04%0.12% 0.25%0.27%0.09%0.05%0.27%
Wellesley Income Composite Index0.78%2.15%6.94% 8.09%5.79%6.71%6.09%
Wellington Composite Index1.62%3.37%12.44% 15.76%8.27%10.79%6.86%

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