Benchmark Returns

BenchmarkReturns as of 09/30/2017Month End YTD
as of
09/30/2017
Average Annual Total
Returns as of 09/30/2017
1 Month3 Month1 Year3 Year5 Year10 Year
Balanced Composite Index1.27%3.07%9.61% 10.94%7.71%9.43%6.76%
BloomBarc 1 Year Municipal Index–0.12% 0.35%1.30%1.13%0.75%0.74%1.66%
BloomBarc 1-15 Year Municipal Index–0.46% 0.93%4.17%0.97%2.63%2.52%4.15%
BloomBarc 1-5 Year Municipal Index–0.39% 0.53%2.56%1.16%1.33%1.35%2.81%
BloomBarc CA Municipal Index–0.47% 1.03%4.70%0.66%3.15%3.40%4.74%
BloomBarc GA ex-USD FlAdjRIC Cp Hgd–0.45% 0.72%1.41%–0.62%3.41%
BloomBarc MA Municipal Index–0.71% 0.81%4.34%0.40%2.90%2.74%4.48%
BloomBarc Municipal Bond Index–0.51% 1.06%4.66%0.87%3.19%3.01%4.52%
BloomBarc Municipal CA Intermed Idx–0.64% 0.74%4.52%0.71%2.60%2.75%4.65%
BloomBarc NJ Municipal Index0.34%2.92%7.00% 1.45%3.64%3.27%4.68%
BloomBarc NY Municipal Index–0.57% 0.87%4.39%0.83%3.14%3.00%4.47%
BloomBarc OH Municipal Index–0.55% 0.85%4.51%0.88%3.35%3.29%4.25%
BloomBarc PA Municipal Index–0.66% 0.82%4.84%1.04%3.32%3.23%4.71%
BloomBarc US 0-5 Year TIPS Index–0.09% 0.48%0.67%0.51%0.63%0.22%
BloomBarc US 1-3Yr Gov Flt Adj Idx–0.16% 0.24%0.72%0.27%0.78%0.65%
BloomBarc US 1-5 Year Credit Index–0.14% 0.70%2.46%1.54%2.14%1.97%3.71%
BloomBarc US 1-5 Year Treasury Idx–0.34% 0.29%1.09%–0.10%1.16%0.82%2.37%
BloomBarc US 1-5 Yr Corporate Index–0.11% 0.76%2.65%1.82%2.37%2.21%3.95%

BenchmarkReturns as of 09/30/2017Month End YTD
as of
09/30/2017
Average Annual Total
Returns as of 09/30/2017
1 Month3 Month1 Year3 Year5 Year10 Year
BloomBarc US 1-5 Yr Government Idx–0.34% 0.29%1.09%–0.06%1.17%0.83%2.38%
BloomBarc US 10+ Year Corp Index–0.06% 1.97%8.46%3.02%6.08%4.84%7.69%
BloomBarc US 3-10Yr Gov Flt Adj Idx–0.87% 0.41%2.10%–1.28%2.26%1.33%
BloomBarc US 5-10 Year Corp Index–0.37% 1.39%5.11%1.85%4.35%3.69%6.16%
BloomBarc US 5-10 Year Credit Index–0.41% 1.40%5.11%1.66%4.16%3.50%6.11%
BloomBarc US 5-10 Yr Treasury Index–1.16% 0.46%2.60%–2.09%2.65%1.39%4.77%
BloomBarc US Agg Float Adj Index–0.50% 0.83%3.21%0.06%2.72%2.07%
BloomBarc US GNMA Index–0.10%0.94% 1.84%0.10%2.14%1.64%4.17%
BloomBarc US Long Gov Flt Adj Idx–2.14% 0.59%6.06%–6.16%4.84%2.87%
BloomBarc US Long Treasury Index–2.16% 0.58%6.02%–6.35%4.85%2.84%6.89%
BloomBarc US LongCredit A/Better Ix–0.47% 1.93%7.96%1.45%6.24%4.62%7.26%
BloomBarc US MBS Float Adj Index–0.20% 0.94%2.23%0.34%2.32%1.93%
BloomBarc US Treas Bellwether:1Yr0.04%0.30%0.57% 0.65%0.57%0.46%1.09%
BloomBarc US Trsy Inflat Prtcd Idx–0.64% 0.86%1.72%–0.73%1.62%0.02%3.90%
BloomBarc USD EmergMkt GovRIC CapIx0.00%2.35% 7.89%4.37%5.83%
CA Tax-Exempt Money Mkt Funds Avg0.02%0.06%0.15% 0.21%0.10%0.06%0.28%
Conservative Growth Composite Index0.60%2.53% 8.14%7.21%5.49%6.31%5.17%
Convertibles Composite Index1.16%3.18%10.17% 12.40%6.67%10.02%6.14%

BenchmarkReturns as of 09/30/2017Month End YTD
as of
09/30/2017
Average Annual Total
Returns as of 09/30/2017
1 Month3 Month1 Year3 Year5 Year10 Year
CRSP US Total Market Index2.46%4.55%13.96% 18.64%10.71%14.21%
Dividend Growth Spliced Index2.34%2.83%13.11% 15.48%9.64%12.17%6.30%
FTSE All-World ex US Index1.85%5.95%20.73% 19.49%5.11%7.35%1.74%
FTSE AW ex US High Div Yield Idx2.00%5.95%18.59% 21.06%3.29%6.64%1.43%
FTSE Emerging Index–1.05%7.77% 23.52%20.01%4.46%3.98%1.53%
FTSE Global All Cap Index Hdg.2.33%4.53%13.95% 19.03%9.40%12.53%5.29%
FTSE Global Small-Cap ex US Index2.01%6.60%22.58% 18.49%6.60%8.48%2.57%
FTSE High Dividend Yield Index3.01%4.55%9.60% 15.99%10.36%13.50%7.46%
Global Wellesley Income Comp Index0.72%
Global Wellington Composite Index1.38%
Growth Composite Index1.68%4.28%13.84% 14.99%7.83%10.20%5.80%
High-Yield Corporate Composite Idx0.71%1.81%6.21% 7.29%5.41%5.78%7.11%
iMoneyNet MFR Treasury Funds Avg0.04%0.12%0.22% 0.23%0.08%0.05%0.22%
Income Composite Index0.06%1.67%5.38% 3.48%4.23%4.33%4.81%
Managed Payout Composite Index1.15%3.48%10.63% 11.01%5.87%7.05%
Moderate Growth Composite Index1.14%3.40%10.96% 11.04%6.69%8.27%5.67%
Money Market Funds Average0.06%0.18%0.41% 0.48%0.18%0.11%0.38%
MSCI US Broad Market Index2.44%4.53%13.97% 18.67%10.78%14.26%7.72%

BenchmarkReturns as of 09/30/2017Month End YTD
as of
09/30/2017
Average Annual Total
Returns as of 09/30/2017
1 Month3 Month1 Year3 Year5 Year10 Year
MSCI US Prime Market 750 Index2.05%4.41%14.38% 18.57%10.76%14.28%7.62%
MSCI US Small Cap 1750 Index5.53%5.39%10.72% 19.12%11.01%14.17%8.63%
NASDAQ Intl DividendAchieversSel Ix0.55%3.96% 21.63%14.25%
NASDAQ US Dividend Achievers Select2.34%2.83% 13.11%15.48%9.64%12.17%7.48%
NY Tax-Exempt Money Mkt Funds Avg0.02%0.06%0.18% 0.22%0.09%0.05%0.29%
REIT Spliced Index–0.10%0.93% 3.61%0.54%9.67%9.58%6.00%
Russell 1000 Growth Index1.30%5.90%20.72% 21.94%12.69%15.26%9.08%
Russell 1000 Index2.13%4.48%14.17%18.54% 10.63%14.27%7.55%
Russell 1000 Value Index2.96%3.11%7.92% 15.12%8.53%13.20%5.92%
Russell 2000 Growth Index5.45%6.22%16.81% 20.98%12.17%14.28%8.47%
Russell 2000 Index6.24%5.67%10.94%20.74% 12.18%13.79%7.85%
Russell 2000 Value Index7.08%5.11%5.68% 20.55%12.12%13.27%7.14%
Russell 2500 Growth Index4.19%5.78%17.03% 20.07%11.27%14.46%8.72%
Russell 2500 Value Index4.85%3.83%5.86% 15.75%9.94%13.25%7.59%
Russell 3000 Growth Index1.62%5.93%20.43% 21.87%12.65%15.18%9.03%
Russell 3000 Index2.44%4.57%13.91%18.71% 10.74%14.23%7.57%
Russell 3000 Value Index3.26%3.27%7.72% 15.53%8.79%13.20%6.01%
Russell Midcap Growth Index2.83%5.28%17.29% 17.82%9.96%14.18%8.20%

BenchmarkReturns as of 09/30/2017Month End YTD
as of
09/30/2017
Average Annual Total
Returns as of 09/30/2017
1 Month3 Month1 Year3 Year5 Year10 Year
Russell Midcap Value Index2.73%2.14%7.43% 13.37%9.19%14.33%7.85%
S&P 500 Growth Index1.11%5.29%19.33% 19.90%12.24%15.00%9.13%
S&P 500 Index2.06%4.48%14.24%18.61% 10.81%14.22%7.44%
S&P 500 Value Index3.28%3.48%8.49%16.47% 8.93%13.21%5.57%
S&P Completion Index4.24%4.96%12.66% 18.91%10.34%14.11%8.20%
S&P EPAC SmallCap Index2.71%6.92%25.51% 21.26%10.64%12.57%3.98%
S&P Global ex U.S. Property Index0.54%5.66%19.18% 10.16%6.10%6.71%
S&P MidCap 400 Growth Index3.43%3.19%11.99% 17.29%11.55%13.99%9.51%
S&P MidCap 400 Index3.92%3.22%9.40%17.52% 11.18%14.43%9.00%
S&P MidCap 400 Value Index4.44%3.26%6.60% 17.04%10.41%14.64%8.38%
S&P National AMT-Free Muni Bond Idx–0.40% 1.20%4.42%0.83%3.09%2.70%4.27%
S&P SmallCap 600 Growth Index6.90%5.65%10.48% 21.16%14.84%15.80%9.72%
S&P SmallCap 600 Index7.71%5.96%8.92% 21.05%14.07%15.60%9.27%
S&P SmallCap 600 Value Index8.53%6.28%7.20% 20.71%13.21%15.33%8.77%
Spl BloomBarc US 5-10Yr G/Cr FltAdj–0.79% 0.92%3.82%–0.28%3.38%2.43%5.37%
Spl BloomBarc US1-5YrGov/Cr FlAdjIx–0.27% 0.43%1.58%0.51%1.51%1.21%2.75%
Spl BloomBarc USLongGv/Cr FltAdj Ix–0.96% 1.53%7.65%–0.78%5.45%3.94%7.37%
Spl Total International Stock Index1.87%6.02% 20.93%19.39%5.26%7.46%1.35%

BenchmarkReturns as of 09/30/2017Month End YTD
as of
09/30/2017
Average Annual Total
Returns as of 09/30/2017
1 Month3 Month1 Year3 Year5 Year10 Year
Spliced BloomBarc USAgg Flt AdjIx–0.50% 0.83%3.21%0.06%2.72%2.07%4.30%
Spliced Developed ex US Index2.58%5.67%20.37% 19.33%5.75%8.84%1.56%
Spliced Emerging Markets Index–0.89% 7.56%22.84%19.14%3.88%3.51%1.09%
Spliced Energy Index8.06%9.43%–0.04% 7.41%–5.67%–0.84%–1.33%
Spliced Equity Income Index3.01%4.55%9.60% 15.99%10.36%13.50%7.46%
Spliced European Stock Index3.41%6.71%23.78% 22.93%4.94%8.84%1.30%
Spliced Extended Market Index4.24%4.96%12.66% 18.91%10.34%14.11%8.20%
Spliced Glbl Custom Metals & Mining–4.58% 11.51%16.31%11.29%2.34%–6.42%–3.27%
Spliced Global Equity Index1.93%5.18%17.25% 18.65%7.43%10.20%3.88%
Spliced Growth Index1.05%4.86%20.37% 19.86%11.56%14.50%8.91%
Spliced Health Care Index1.38%2.44%18.65% 12.17%6.56%13.70%8.94%
Spliced Inst Total Stock Market Idx2.46%4.55% 13.96%18.64%10.71%14.21%7.69%
Spliced International Index1.86%6.16%21.13% 19.61%4.70%6.97%0.56%
Spliced Large Cap Index2.06%4.48%14.49% 18.74%10.71%14.25%7.60%
Spliced Market Neutral Index USD0.09%0.26%0.56% 0.64%0.28%0.18%0.41%
Spliced Mega Cap Growth Index0.96%5.08%21.56% 21.47%12.12%14.78%9.23%
Spliced Mega Cap Index2.02%4.68%14.79% 19.43%10.89%14.20%7.52%
Spliced Mega Cap Value Index2.99%4.31%9.21% 17.63%9.86%13.81%5.86%

BenchmarkReturns as of 09/30/2017Month End YTD
as of
09/30/2017
Average Annual Total
Returns as of 09/30/2017
1 Month3 Month1 Year3 Year5 Year10 Year
Spliced Mid Cap Growth Idx1.75%3.77%16.05% 15.51%9.28%13.46%7.28%
Spliced Mid Cap Index2.26%3.43%12.92% 15.33%9.77%14.44%7.99%
Spliced Mid Cap Value Index2.71%3.14%10.32% 15.19%10.16%15.26%8.47%
Spliced NJ Tax-Ex Money Mkt Fds Avg0.03%0.09% 0.22%0.28%0.11%0.07%0.30%
Spliced PA Tax-Ex Money Mkt Fds Avg0.03%0.09% 0.22%0.28%0.11%0.07%0.30%
Spliced Pacific Stock Index1.14%3.98%17.94% 15.84%7.15%8.93%2.24%
Spliced Small and Mid Cap Index3.68%4.45%11.84% 17.22%10.56%14.62%8.38%
Spliced Small Cap Growth Index3.81%4.76%15.25% 16.85%9.48%12.66%8.27%
Spliced Small Cap Index4.41%4.58%10.59% 17.33%10.41%13.91%8.51%
Spliced Small Cap Value Index4.92%4.42%6.96% 17.65%11.15%14.81%8.51%
Spliced Social Index2.33%4.75%16.36% 20.59%11.68%16.23%7.46%
Spliced Total Stock Market Index2.46%4.55%13.96% 18.64%10.71%14.19%7.68%
Spliced Total World Stock Index2.12%5.28%17.30% 19.04%8.04%10.79%
Spliced US IMI Consumer Discr 25/501.55%1.39% 12.67%15.83%11.75%15.70%10.79%
Spliced US IMI Consumer Stapl 25/50–0.59% –1.17%5.44%3.94%8.90%11.81%9.86%
Spliced US IMI Energy 25/5010.42%6.89%–8.25% –1.27%–7.40%0.22%0.58%
Spliced US IMI Financials 25/505.45%5.05%11.57% 34.65%14.35%17.19%2.87%
Spliced US IMI Health Care 25/501.14%3.71%21.56% 16.35%10.99%17.60%11.46%

BenchmarkReturns as of 09/30/2017Month End YTD
as of
09/30/2017
Average Annual Total
Returns as of 09/30/2017
1 Month3 Month1 Year3 Year5 Year10 Year
Spliced US IMI Industrials 25/504.78%5.06%14.19% 23.39%12.41%16.60%7.82%
Spliced US IMI Info Tech 25/500.87%8.28%26.36% 27.93%16.90%17.43%10.88%
Spliced US IMI Materials 25/503.78%6.04%15.84% 22.37%7.93%11.67%6.22%
Spliced US IMI Telecom Serv 25/50–0.53% 1.24%–5.46%0.97%6.02%8.25%3.86%
Spliced US IMI Utilities 25/50–2.51% 3.08%11.88%12.78%12.32%12.34%7.42%
Spliced Value Index2.99%4.14%9.52%17.76% 9.96%14.08%6.28%
STAR Composite Index1.28%3.44%11.04% 11.82%6.79%8.45%5.78%
Target Retirement 2015 Composite Ix0.74%2.65% 8.53%8.16%5.54%7.10%4.92%
Target Retirement 2020 Composite Ix1.03%3.20% 10.33%10.32%6.42%8.28%5.28%
Target Retirement 2025 Composite Ix1.25%3.58% 11.61%11.97%6.94%9.06%5.37%
Target Retirement 2030 Composite Ix1.46%3.91% 12.69%13.44%7.37%9.79%5.41%
Target Retirement 2035 Composite Ix1.66%4.24% 13.77%14.94%7.78%10.50%5.60%
Target Retirement 2040 Composite Ix1.86%4.57% 14.86%16.45%8.20%11.04%5.87%
Target Retirement 2045 Composite Ix1.96%4.71% 15.29%17.01%8.38%11.16%5.92%
Target Retirement 2050 Composite Ix1.96%4.71% 15.29%17.01%8.38%11.16%5.92%
Target Retirement 2055 Composite Ix1.96%4.71% 15.29%17.01%8.38%11.16%
Target Retirement 2060 Composite Ix1.96%4.71% 15.29%17.01%8.38%11.16%
Target Retirement 2065 Composite Ix1.96%4.71%

BenchmarkReturns as of 09/30/2017Month End YTD
as of
09/30/2017
Average Annual Total
Returns as of 09/30/2017
1 Month3 Month1 Year3 Year5 Year10 Year
Target Retirement Income Compos. Ix0.39%2.04% 6.40%5.44%4.47%4.87%4.93%
Tax-Exempt Money Mkt Funds Average0.03%0.09%0.25% 0.34%0.13%0.08%0.29%
Tax-Managed Balanced Compos. Index0.83%2.71%9.11% 9.49%6.80%8.45%6.44%
US Gov't Money Market Funds Average0.04%0.11% 0.21%0.23%0.08%0.05%0.30%
Wellesley Income Composite Index0.81%2.32%6.11% 6.08%6.08%6.58%6.09%
Wellington Composite Index1.21%3.30%10.65% 12.18%8.39%10.24%6.83%

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