Benchmark Returns

BenchmarkReturns as of 04/30/2017Month End YTD
as of
04/30/2017
Average Annual Total
Returns as of 04/30/2017
1 Month3 Month1 Year3 Year5 Year10 Year
Balanced Composite Index0.95%3.51%4.80% 11.32%7.31%9.16%6.59%
BloomBarc 1 Year Municipal Index0.16%0.49%0.85% 0.72%0.69%0.72%1.79%
BloomBarc 1-15 Year Municipal Index0.71%1.56% 2.27%0.21%2.70%2.61%4.12%
BloomBarc 1-5 Year Municipal Index0.39%0.98%1.71% 0.62%1.36%1.39%2.92%
BloomBarc CA Municipal Index0.70%1.49%2.28% –0.22%3.41%3.62%4.55%
BloomBarc GA ex-USD FlAdjRIC Cp Hgd0.62%1.57% 0.64%2.20%4.29%
BloomBarc MA Municipal Index0.70%1.63%2.27% –0.26%3.16%2.92%4.39%
BloomBarc Municipal Bond Index0.73%1.65%2.32% 0.14%3.39%3.16%4.37%
BloomBarc Municipal CA Intermed Idx0.85%1.67% 2.66%–0.20%2.64%2.90%4.66%
BloomBarc NJ Municipal Index0.53%1.65%2.34% –0.02%2.98%3.03%4.24%
BloomBarc NY Municipal Index0.72%1.60%2.21% 0.13%3.44%3.17%4.35%
BloomBarc OH Municipal Index0.62%1.54%2.21% 0.01%3.64%3.41%4.14%
BloomBarc PA Municipal Index0.75%1.82%2.44% 0.24%3.52%3.39%4.60%
BloomBarc US 0-5 Year TIPS Index0.01%0.25%0.70% 1.66%0.53%0.29%
BloomBarc US 1-3Yr Gov Flt Adj Idx0.14%0.29%0.43% 0.36%0.74%0.64%
BloomBarc US 1-5 Year Credit Index0.47%0.99%1.36% 1.75%1.92%2.21%3.78%
BloomBarc US 1-5 Year Treasury Idx0.33%0.54%0.72% 0.17%1.12%0.86%2.65%
BloomBarc US 1-5 Yr Corporate Index0.50%1.04% 1.44%2.02%2.12%2.47%3.99%

BenchmarkReturns as of 04/30/2017Month End YTD
as of
04/30/2017
Average Annual Total
Returns as of 04/30/2017
1 Month3 Month1 Year3 Year5 Year10 Year
BloomBarc US 1-5 Yr Government Idx0.32%0.53%0.72% 0.20%1.12%0.87%2.64%
BloomBarc US 10+ Year Corp Index1.63%2.88%3.01% 4.31%5.15%5.43%7.02%
BloomBarc US 3-10Yr Gov Flt Adj Idx0.78%1.26% 1.50%–0.42%2.37%1.60%
BloomBarc US 5-10 Year Corp Index1.23%2.30%2.69% 2.92%4.06%4.22%5.91%
BloomBarc US 5-10 Year Credit Index1.20%2.31% 2.71%2.70%3.91%4.03%5.89%
BloomBarc US 5-10 Yr Treasury Index1.00%1.66% 1.89%–0.87%2.90%1.80%4.99%
BloomBarc US Agg Float Adj Index0.78%1.41%1.63% 0.86%2.64%2.28%
BloomBarc US GNMA Index0.49%0.89%0.77% 0.47%2.30%1.75%4.23%
BloomBarc US Long Gov Flt Adj Idx1.55%2.60%3.02% –2.84%5.66%3.51%
BloomBarc US Long Treasury Index1.54%2.56%2.96% –3.05%5.67%3.47%6.79%
BloomBarc US LongCredit A/Better Ix1.50%2.68% 2.67%2.18%5.53%5.10%6.62%
BloomBarc US MBS Float Adj Index0.62%1.12%1.08% 0.70%2.46%2.01%
BloomBarc US Treas Bellwether:1Yr0.08%0.05%0.18% 0.61%0.48%0.40%1.32%
BloomBarc US Trsy Inflat Prtcd Idx0.59%1.01%1.86% 1.73%1.77%0.69%4.22%
BloomBarc USD EmergMkt GovRIC CapIx1.34%3.54% 4.91%8.34%5.72%
CA Tax-Exempt Money Mkt Funds Avg0.02%0.04%0.05% 0.18%0.06%0.04%0.40%
Conservative Growth Composite Index1.06%3.12% 4.09%7.23%4.91%6.08%5.04%
Convertibles Composite Index1.18%3.65%5.63% 14.61%6.00%9.62%6.01%

BenchmarkReturns as of 04/30/2017Month End YTD
as of
04/30/2017
Average Annual Total
Returns as of 04/30/2017
1 Month3 Month1 Year3 Year5 Year10 Year
CRSP US Total Market Index1.06%4.90%6.91% 18.57%10.07%13.55%
Dividend Growth Spliced Index1.73%6.07%8.02% 15.43%8.83%11.90%6.19%
FTSE All-World ex US Index2.17%6.54%10.19% 12.98%1.48%5.60%1.67%
FTSE AW ex US High Div Yield Idx1.41%5.53%8.66% 13.69%–0.84%5.31%1.16%
FTSE Emerging Index1.91%7.32%12.30%18.74% 2.74%1.92%2.76%
FTSE Global All Cap Index Hdg.1.35%5.48%7.07% 18.35%8.67%11.69%5.07%
FTSE Global Small-Cap ex US Index2.82%7.25%11.38% 11.64%1.89%6.58%2.08%
FTSE High Dividend Yield Index–0.07% 3.18%3.28%15.21%9.79%13.40%7.12%
Growth Composite Index1.38%4.78%6.88% 13.33%6.51%9.43%5.47%
High-Yield Corporate Composite Idx1.20%2.19%3.39% 10.43%4.52%6.25%6.83%
iMoneyNet MFR Treasury Funds Avg0.02%0.04%0.05% 0.06%0.02%0.01%0.37%
Income Composite Index0.89%2.29%2.71% 4.23%4.01%4.35%4.77%
Managed Payout Composite Index1.10%3.66%5.20% 10.12%4.65%6.50%
Moderate Growth Composite Index1.22%3.95%5.48% 10.26%5.74%7.78%5.44%
Money Market Funds Average0.04%0.11%0.14% 0.26%0.09%0.05%0.54%
MSCI US Broad Market Index1.05%4.90%6.96% 18.70%10.17%13.61%7.41%
MSCI US Prime Market 750 Index1.08%5.17%7.34% 18.21%10.39%13.64%7.36%
MSCI US Small Cap 1750 Index0.78%2.72%4.00% 22.44%8.65%13.36%7.98%

BenchmarkReturns as of 04/30/2017Month End YTD
as of
04/30/2017
Average Annual Total
Returns as of 04/30/2017
1 Month3 Month1 Year3 Year5 Year10 Year
NASDAQ Intl DividendAchieversSel Ix2.92%8.96% 11.87%9.46%
NASDAQ US Dividend Achievers Select1.73%6.07% 8.02%15.43%8.83%11.90%7.46%
NY Tax-Exempt Money Mkt Funds Avg0.04%0.07%0.08% 0.17%0.06%0.03%0.41%
REIT Spliced Index0.17%1.18%1.16%5.88% 8.92%9.23%4.97%
Russell 1000 Growth Index2.29%7.77%11.40% 19.50%12.11%13.87%8.88%
Russell 1000 Index1.06%5.04%7.15%18.03% 10.20%13.63%7.25%
Russell 1000 Value Index–0.19%2.35% 3.07%16.55%8.26%13.32%5.53%
Russell 2000 Growth Index1.84%5.57%7.29% 24.06%9.27%12.89%7.97%
Russell 2000 Index1.10%3.18%3.59%25.63% 9.03%12.95%7.05%
Russell 2000 Value Index0.39%0.98%0.26% 27.18%8.71%12.96%6.02%
Russell 2500 Growth Index1.76%5.62%8.12% 20.72%9.15%12.75%8.33%
Russell 2500 Value Index–0.10%0.97% 1.52%20.66%7.93%13.03%6.56%
Russell 3000 Growth Index2.25%7.60%11.08% 19.83%11.88%13.79%8.80%
Russell 3000 Index1.06%4.89%6.86%18.58% 10.10%13.57%7.23%
Russell 3000 Value Index–0.14%2.24% 2.84%17.33%8.29%13.28%5.57%
Russell Midcap Growth Index1.48%4.98%8.48% 15.83%8.95%12.28%7.83%
Russell Midcap Value Index0.19%2.24%3.96% 17.52%8.86%14.26%7.16%
S&P 500 Growth Index1.95%7.43%10.65% 19.15%12.13%14.22%8.91%

BenchmarkReturns as of 04/30/2017Month End YTD
as of
04/30/2017
Average Annual Total
Returns as of 04/30/2017
1 Month3 Month1 Year3 Year5 Year10 Year
S&P 500 Index1.03%5.16%7.16%17.92% 10.47%13.68%7.15%
S&P 500 Value Index–0.07%2.54% 3.22%16.13%8.42%12.94%5.26%
S&P Completion Index1.11%3.52%5.73%21.66% 8.36%12.95%7.73%
S&P EPAC SmallCap Index4.01%8.71%12.38% 12.06%4.88%10.11%2.83%
S&P Global ex U.S. Property Index2.43%6.25%8.89% 3.38%3.10%6.62%
S&P MidCap 400 Growth Index1.64%4.77%6.81% 20.26%10.67%12.94%9.48%
S&P MidCap 400 Index0.84%3.08%4.81%20.46% 10.24%13.56%8.73%
S&P MidCap 400 Value Index–0.03%1.23% 2.63%20.03%9.42%13.97%7.86%
S&P National AMT-Free Muni Bond Idx0.68%1.49% 1.97%–0.01%3.21%2.87%
S&P SmallCap 600 Growth Index1.20%3.41%3.66% 25.77%11.82%14.89%9.56%
S&P SmallCap 600 Index0.90%2.38%1.98% 24.26%10.82%14.74%8.66%
S&P SmallCap 600 Value Index0.58%1.27%0.16% 22.49%9.76%14.54%7.75%
Spl BloomBarc US 5-10Yr G/Cr FltAdj1.10%1.98% 2.30%0.85%3.39%2.90%5.38%
Spl BloomBarc US1-5YrGov/Cr FlAdjIx0.38%0.69% 0.95%0.75%1.40%1.29%2.95%
Spl BloomBarc USLongGv/Cr FltAdj Ix1.55%2.83% 3.15%1.31%5.25%4.51%6.97%
Spl Total International Stock Index2.24%6.62% 10.31%12.84%1.53%5.65%1.16%
Spliced BloomBarc USAgg Flt AdjIx0.78%1.41%1.63% 0.86%2.64%2.28%4.32%
Spliced Developed ex US Index2.33%6.41%9.80% 11.50%1.50%7.13%1.03%

BenchmarkReturns as of 04/30/2017Month End YTD
as of
04/30/2017
Average Annual Total
Returns as of 04/30/2017
1 Month3 Month1 Year3 Year5 Year10 Year
Spliced Emerging Markets Index1.64%7.05%11.91% 17.83%2.23%1.47%2.47%
Spliced Energy Index–1.90%–3.51% –5.73%4.69%–8.64%–1.91% –0.12%
Spliced Equity Income Index–0.07%3.18% 3.28%15.21%9.79%13.40%7.01%
Spliced European Stock Index4.00%9.44%11.85% 11.32%–0.67%7.27%0.62%
Spliced Extended Market Index1.11%3.52%5.73% 21.66%8.36%12.95%7.73%
Spliced Glbl Custom Metals & Mining–2.25% –7.51%5.38%8.39%–3.69%–8.21% –1.82%
Spliced Global Equity Index1.56%5.68%8.57% 15.14%5.29%8.96%3.71%
Spliced Growth Index2.31%8.19%12.16% 19.53%11.51%13.57%8.85%
Spliced Health Care Index1.85%8.00%10.38% 6.75%6.80%13.85%8.04%
Spliced Inst Total Stock Market Idx1.06%4.90% 6.91%18.57%10.07%13.55%7.38%
Spliced International Index2.14%6.40%10.17% 12.59%0.83%5.13%0.01%
Spliced Large Cap Index1.09%5.21%7.35% 18.18%10.33%13.59%7.34%
Spliced Market Neutral Index USD0.05%0.13%0.17% 0.37%0.15%0.11%0.57%
Spliced Mega Cap Growth Index2.42%8.87%12.93% 20.70%12.08%13.98%9.14%
Spliced Mega Cap Index1.07%5.38%7.32% 18.31%10.50%13.64%7.29%
Spliced Mega Cap Value Index–0.13% 2.40%2.69%16.24%9.25%13.48%5.49%
Spliced Mid Cap Growth Idx2.10%5.29%9.39% 16.04%9.34%11.83%7.37%
Spliced Mid Cap Index1.18%4.34%7.46% 17.54%9.46%13.33%7.60%

BenchmarkReturns as of 04/30/2017Month End YTD
as of
04/30/2017
Average Annual Total
Returns as of 04/30/2017
1 Month3 Month1 Year3 Year5 Year10 Year
Spliced Mid Cap Value Index0.41%3.54%5.86% 18.88%9.44%14.64%7.56%
Spliced NJ Tax-Ex Money Mkt Fds Avg0.03%0.06% 0.08%0.18%0.07%0.04%0.42%
Spliced PA Tax-Ex Money Mkt Fds Avg0.03%0.06% 0.08%0.18%0.07%0.04%0.42%
Spliced Pacific Stock Index0.98%4.40%9.15% 13.76%5.21%6.92%2.00%
Spliced Small and Mid Cap Index0.82%3.46%5.53% 19.01%9.20%13.56%7.85%
Spliced Small Cap Growth Index1.36%4.60%7.47% 19.71%7.17%11.62%7.99%
Spliced Small Cap Index0.85%2.99%4.62% 20.42%8.53%13.27%7.93%
Spliced Small Cap Value Index0.42%1.72%2.41% 20.99%9.64%14.52%7.60%
Spliced Social Index1.15%5.90%8.41%20.13% 11.38%15.20%6.62%
Spliced Total Stock Market Index1.06%4.90%6.91% 18.57%10.07%13.53%7.37%
Spliced Total World Stock Index1.60%5.72%8.58% 15.81%5.84%9.52%
Spliced US IMI Consumer Discr 25/502.43%6.54% 10.65%16.23%12.67%15.99%10.10%
Spliced US IMI Consumer Stapl 25/501.07%5.40% 6.76%8.96%10.56%13.38%10.44%
Spliced US IMI Energy 25/50–3.54%–7.10% –10.19%1.07%–8.92%0.34% 2.03%
Spliced US IMI Financials 25/50–0.63% 1.37%1.63%28.54%12.58%15.52%1.31%
Spliced US IMI Health Care 25/501.71%7.98%11.00% 11.91%11.46%17.43%10.48%
Spliced US IMI Industrials 25/501.82%4.65%6.25% 20.88%9.72%14.99%8.10%
Spliced US IMI Info Tech 25/502.38%9.79%14.62% 34.79%16.93%15.40%10.90%

BenchmarkReturns as of 04/30/2017Month End YTD
as of
04/30/2017
Average Annual Total
Returns as of 04/30/2017
1 Month3 Month1 Year3 Year5 Year10 Year
Spliced US IMI Materials 25/501.08%2.62%7.41% 18.44%6.43%10.39%6.44%
Spliced US IMI Telecom Serv 25/502.19%–2.74% –2.21%8.00%8.39%12.17%5.12%
Spliced US IMI Utilities 25/500.78%5.66%6.98% 11.26%10.23%12.30%6.62%
Spliced Value Index–0.01%2.61% 3.27%16.99%9.34%13.68%5.81%
STAR Composite Index1.12%3.83%5.51%10.93% 5.75%7.94%5.57%
Target Retirement 2010 Composite Ix0.85%2.52% 3.33%5.96%4.18%5.60%4.57%
Target Retirement 2015 Composite Ix1.01%3.19% 4.36%8.08%4.94%6.86%4.87%
Target Retirement 2020 Composite Ix1.16%3.76% 5.21%9.78%5.59%7.85%5.16%
Target Retirement 2025 Composite Ix1.25%4.14% 5.82%11.03%5.93%8.50%5.21%
Target Retirement 2030 Composite Ix1.31%4.46% 6.34%12.18%6.22%9.12%5.22%
Target Retirement 2035 Composite Ix1.37%4.77% 6.87%13.33%6.49%9.73%5.36%
Target Retirement 2040 Composite Ix1.43%5.08% 7.40%14.49%6.75%10.16%5.58%
Target Retirement 2045 Composite Ix1.45%5.19% 7.58%14.87%6.86%10.23%5.62%
Target Retirement 2050 Composite Ix1.45%5.19% 7.58%14.87%6.86%10.23%5.62%
Target Retirement 2055 Composite Ix1.45%5.19% 7.58%14.87%6.86%10.23%
Target Retirement 2060 Composite Ix1.45%5.19% 7.58%14.87%6.86%10.23%
Target Retirement Income Compos. Ix0.85%2.49% 3.29%5.79%4.05%4.82%4.92%
Tax-Exempt Money Mkt Funds Average0.04%0.08%0.10% 0.22%0.08%0.05%0.40%

BenchmarkReturns as of 04/30/2017Month End YTD
as of
04/30/2017
Average Annual Total
Returns as of 04/30/2017
1 Month3 Month1 Year3 Year5 Year10 Year
Tax-Managed Balanced Compos. Index0.89%3.30%4.71% 8.91%6.63%8.21%6.29%
US Gov't Money Market Funds Average0.02%0.04% 0.05%0.07%0.02%0.01%0.47%
Wellesley Income Composite Index0.56%2.22%2.38% 6.11%5.66%6.83%5.88%
Wellington Composite Index0.98%3.94%5.29% 11.92%8.05%10.06%6.60%

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