Benchmark Returns

BenchmarkReturns as of 03/31/2019Month End YTD
as of
03/31/2019
Average Annual Total
Returns as of 03/31/2019
1 Month3 Month1 Year3 Year5 Year10 Year
Balanced Composite Index1.67%9.58%9.58% 7.41%9.03%7.51%11.38%
BloomBarc 1 Year Municipal Index0.27%0.81%0.81% 2.18%1.15%0.94%1.14%
BloomBarc 1-15 Year Municipal Index1.16%2.51% 2.51%5.09%2.31%3.05%3.84%
BloomBarc 1-5 Year Municipal Index0.50%1.49%1.49% 3.32%1.45%1.57%2.14%
BloomBarc CA Municipal Index1.64%2.81%2.81% 5.08%2.58%3.76%5.22%
BloomBarc GA Credit Index Hedged2.10%4.35%4.35% 5.16%3.84%3.91%5.88%
BloomBarc GA ex-USD FlAdjRIC Cp Hgd1.80%3.12% 3.12%5.35%3.44%4.36%
BloomBarc MA Municipal Index1.52%2.77%2.77% 5.17%2.37%3.48%4.31%
BloomBarc Municipal Bond Index1.58%2.90%2.90% 5.38%2.71%3.73%4.72%
BloomBarc Municipal CA Intermed Idx1.07%2.54% 2.54%5.41%2.13%3.01%4.40%
BloomBarc NJ Municipal Index1.90%3.42%3.42% 6.72%4.09%4.27%5.01%
BloomBarc NY Municipal Index1.55%2.86%2.86% 5.19%2.55%3.65%4.54%
BloomBarc OH Municipal Index1.46%2.80%2.80% 5.30%2.61%3.87%4.93%
BloomBarc PA Municipal Index1.76%3.19%3.19% 5.99%3.04%3.99%4.74%
BloomBarc US 0-5 Year TIPS Index0.75%1.66%1.66% 2.04%1.37%0.91%
BloomBarc US 1-5 Year Credit Index1.04%2.39%2.39% 4.27%2.22%2.13%3.85%
BloomBarc US 1-5 Year Treasury Idx0.87%1.23%1.23% 3.17%0.95%1.26%1.45%
BloomBarc US 1-5 Yr Corporate Index1.06%2.61% 2.61%4.42%2.41%2.30%4.30%

BenchmarkReturns as of 03/31/2019Month End YTD
as of
03/31/2019
Average Annual Total
Returns as of 03/31/2019
1 Month3 Month1 Year3 Year5 Year10 Year
BloomBarc US 1-5 Yr Government Idx0.86%1.22%1.22% 3.17%0.97%1.26%1.49%
BloomBarc US 10+ Year Corp Index4.34%7.97%7.97% 4.38%5.26%5.31%9.24%
BloomBarc US 5-10 Year Corp Index2.34%5.41%5.41% 6.11%3.55%3.98%7.31%
BloomBarc US 5-10 Year Credit Index2.36%5.26% 5.26%6.06%3.42%3.88%6.96%
BloomBarc US 5-10 Yr Treasury Index2.08%2.44% 2.44%5.28%0.98%2.68%3.10%
BloomBarc US Agg Float Adj Index1.95%3.00%3.00% 4.46%2.05%2.73%
BloomBarc US GNMA Index1.33%2.09%2.09% 4.46%1.59%2.41%3.16%
BloomBarc US Long Treasury Index5.26%4.67%4.67% 6.24%1.47%5.44%5.13%
BloomBarc US LongCredit A/Better Ix4.31%7.07% 7.07%4.68%4.21%5.49%8.48%
BloomBarc US MBS Float Adj Index1.40%2.12%2.12% 4.34%1.75%2.53%
BloomBarc US Treas Bellwether:1Yr0.35%0.85%0.85% 2.44%1.33%0.95%0.75%
BloomBarc US Trsy Inflat Prtcd Idx1.84%3.19%3.19% 2.70%1.70%1.94%3.41%
BloomBarc USD EmergMkt GovRIC CapIx1.38%5.59% 5.59%4.47%5.45%4.93%
CA Tax-Exempt Money Mkt Funds Avg0.09%0.25%0.25% 0.92%0.49%0.29%0.16%
Communication Services Spliced Idx1.74%12.67% 12.67%1.40%–0.75%2.77%8.81%
Conservative Growth Composite Index1.60%6.79% 6.79%4.42%6.15%5.17%7.96%
Consumer Discretionary Spliced Idx2.71%14.82% 14.82%10.13%13.17%11.87%20.70%
CRSP US Total Market Index1.45%14.06%14.06% 8.82%13.53%10.35%

BenchmarkReturns as of 03/31/2019Month End YTD
as of
03/31/2019
Average Annual Total
Returns as of 03/31/2019
1 Month3 Month1 Year3 Year5 Year10 Year
Dividend Growth Spliced Index1.14%12.52%12.52% 10.81%12.86%10.19%15.05%
FTSE All-World ex US Index0.63%10.19%10.19% –4.23%8.17%2.93%9.23%
FTSE AW ex US High Div Yield Idx–0.27% 8.67%8.67%–3.49%7.94%1.39%9.25%
FTSE Emerging Index1.48%10.41%10.41% –5.64%10.50%4.16%9.19%
FTSE Global All Cap Index Hdg.1.48%12.65%12.65% 6.14%11.89%8.60%12.98%
FTSE Global Small-Cap ex US Index–0.03% 10.40%10.40%–9.69%6.35%2.04%11.04%
FTSE High Dividend Yield Index0.50%10.73%10.73% 7.27%10.91%9.70%15.63%
Global Wellesley Income Comp Index1.50%6.03%6.03% 3.74%
Global Wellington Composite Index1.54%9.37%9.37% 4.40%
Growth Composite Index1.27%10.60%10.60% 3.82%9.74%6.94%11.89%
High-Yield Corporate Composite Idx1.06%6.91%6.91% 6.21%7.20%4.48%9.54%
iMoneyNet MFR Treasury Funds Avg0.16%0.46%0.46% 1.56%0.71%0.43%0.21%
Income Composite Index1.75%4.90%4.90% 4.61%4.32%4.20%6.00%
Information Technology Spliced Idx4.14%20.65% 20.65%18.89%23.94%18.63%20.41%
JP Morgan EMBI Global Diversified1.42%6.95%6.95% 4.21%5.79%5.44%8.52%
Managed Payout Composite Index1.32%8.83%8.83% 3.53%7.89%5.35%9.67%
Moderate Growth Composite Index1.44%8.69%8.69% 4.15%7.95%6.08%10.03%
Money Market Funds Average0.18%0.53%0.53% 1.79%0.92%0.55%0.28%

BenchmarkReturns as of 03/31/2019Month End YTD
as of
03/31/2019
Average Annual Total
Returns as of 03/31/2019
1 Month3 Month1 Year3 Year5 Year10 Year
MSCI US Broad Market Index1.46%14.13%14.13% 8.77%13.52%10.40%16.10%
MSCI US Prime Market 750 Index1.81%14.01%14.01% 9.43%13.64%10.82%16.02%
MSCI US Small Cap 1750 Index–1.59% 15.24%15.24%3.28%12.19%7.16%16.63%
NASDAQ Intl DividendAchieversSel Ix2.89%12.08% 12.08%2.80%8.17%
NASDAQ US Dividend Achievers Select1.14%12.52% 12.52%10.81%12.86%10.19%14.52%
NY Tax-Exempt Money Mkt Funds Avg0.10%0.27%0.27% 0.98%0.51%0.31%0.17%
Real Estate Spliced Index4.19%17.28%17.28% 20.08%5.81%8.89%18.36%
Russell 1000 Growth Index2.85%16.10%16.10% 12.75%16.53%13.50%17.52%
Russell 1000 Index1.74%14.00%14.00%9.30% 13.52%10.63%16.05%
Russell 1000 Value Index0.64%11.93%11.93% 5.67%10.45%7.72%14.52%
Russell 2000 Growth Index–1.35%17.14% 17.14%3.85%14.87%8.41%16.52%
Russell 2000 Index–2.09%14.58% 14.58%2.05%12.92%7.05%15.36%
Russell 2000 Value Index–2.88%11.93% 11.93%0.17%10.86%5.59%14.12%
Russell 2500 Growth Index–0.25%18.99% 18.99%7.54%15.60%9.72%17.50%
Russell 2500 Value Index–1.33%13.12% 13.12%1.84%9.85%6.02%15.03%
Russell 3000 Index1.46%14.04%14.04%8.77% 13.48%10.36%16.00%
Russell 3000 Value Index0.39%11.93%11.93% 5.30%10.50%7.56%14.50%
Russell Midcap Growth Index1.35%19.62%19.62% 11.51%15.06%10.89%17.60%

BenchmarkReturns as of 03/31/2019Month End YTD
as of
03/31/2019
Average Annual Total
Returns as of 03/31/2019
1 Month3 Month1 Year3 Year5 Year10 Year
Russell Midcap Value Index0.50%14.37%14.37% 2.89%9.50%7.22%16.39%
S&P 500 Growth Index2.73%14.95%14.95% 12.77%15.91%13.36%17.17%
S&P 500 Index1.94%13.65%13.65%9.50% 13.51%10.91%15.92%
S&P 500 Value Index1.06%12.19%12.19% 5.93%10.62%8.05%14.49%
S&P Completion Index–0.99%15.99% 15.99%4.76%13.17%7.75%16.49%
S&P EPAC SmallCap Index–0.40%9.92% 9.92%–10.23%6.75%4.12%12.13%
S&P Global ex U.S. Property Index4.47%13.27%13.27% 2.31%7.74%5.69%
S&P MidCap 400 Growth Index0.61%14.95%14.95% 1.69%11.90%8.79%16.64%
S&P MidCap 400 Index–0.57%14.49% 14.49%2.59%11.24%8.29%16.28%
S&P MidCap 400 Value Index–1.79%14.02% 14.02%3.60%10.32%7.52%15.80%
S&P National AMT-Free Muni Bond Idx1.53%2.79% 2.79%5.05%2.54%3.57%4.53%
S&P SmallCap 600 Growth Index–2.77% 10.84%10.84%3.84%14.10%9.73%17.93%
S&P SmallCap 600 Index–3.33%11.61% 11.61%1.57%12.55%8.45%17.00%
S&P SmallCap 600 Value Index–3.91% 12.45%12.45%–0.44%11.00%7.17%16.09%
Spl BloomBarc US 5-10Yr G/Cr FltAdj2.21%3.72% 3.72%5.63%2.15%3.26%4.98%
Spl BloomBarc US Long Treasury Idx5.26%4.67%4.67% 6.24%1.53%5.43%
Spl BloomBarc US Treas 1-3 Yr Idx0.62%0.99%0.99% 2.73%0.99%0.99%
Spl BloomBarc US Treas 3-10 Yr Idx1.68%2.03%2.03% 4.60%0.99%2.23%

BenchmarkReturns as of 03/31/2019Month End YTD
as of
03/31/2019
Average Annual Total
Returns as of 03/31/2019
1 Month3 Month1 Year3 Year5 Year10 Year
Spl BloomBarc US1-5YrGov/Cr FlAdjIx0.92%1.62% 1.62%3.54%1.41%1.57%2.20%
Spl BloomBarc USLongGv/Cr FltAdj Ix4.70%6.45% 6.45%5.24%3.75%5.35%7.23%
Spl Total International Stock Index0.57%10.21% 10.21%–4.81%7.99%2.84%8.96%
Spliced BloomBarc USAgg Flt AdjIx1.95%3.00%3.00% 4.46%2.05%2.73%3.79%
Spliced Developed ex US Index0.29%10.16%10.16% –4.43%7.44%2.73%9.15%
Spliced Emerging Markets Index1.78%11.25%11.25% –6.38%9.63%3.56%8.73%
Spliced Energy Index1.13%14.13%14.13% 2.88%8.30%–2.10%4.40%
Spliced Equity Income Index0.50%10.73%10.73% 7.27%10.91%9.70%15.63%
Spliced European Stock Index0.55%10.93%10.93% –4.13%6.75%1.39%9.19%
Spliced Extended Market Index–0.99% 15.99%15.99%4.76%13.17%7.75%16.49%
Spliced Global Capital Cycles Index1.49%13.01% 13.01%–7.75%11.40%–0.93% 2.11%
Spliced Global Equity Index1.26%12.18%12.18% 2.60%10.67%6.45%11.98%
Spliced Growth Index3.17%16.92%16.92% 11.68%15.19%12.33%16.90%
Spliced Health Care Index0.80%8.01%8.01% 10.95%9.63%7.88%13.94%
Spliced Inst Total Stock Market Idx1.45%14.06% 14.06%8.82%13.53%10.35%16.07%
Spliced International Index0.60%10.31%10.31% –4.22%8.09%2.57%8.18%
Spliced Large Cap Index1.86%13.76%13.76% 9.44%13.64%10.79%15.99%
Spliced Market Neutral Index USD0.21%0.60%0.60% 2.11%1.17%0.71%0.40%

BenchmarkReturns as of 03/31/2019Month End YTD
as of
03/31/2019
Average Annual Total
Returns as of 03/31/2019
1 Month3 Month1 Year3 Year5 Year10 Year
Spliced Mega Cap Growth Index3.38%16.39%16.39% 11.78%15.81%12.94%16.98%
Spliced Mega Cap Index1.97%13.16%13.16% 10.17%14.04%11.18%15.84%
Spliced Mega Cap Value Index0.58%10.13%10.13% 8.44%12.37%9.64%14.82%
Spliced Mid Cap Growth Idx2.58%19.61%19.61% 11.13%13.48%10.01%16.70%
Spliced Mid Cap Index1.33%16.79%16.79% 5.99%11.63%8.89%16.72%
Spliced Mid Cap Value Index0.01%13.84%13.84% 1.08%9.82%7.74%16.63%
Spliced NJ Tax-Ex Money Mkt Fds Avg0.10%0.29% 0.29%1.08%0.58%0.35%0.19%
Spliced PA Tax-Ex Money Mkt Fds Avg0.10%0.29% 0.29%1.08%0.58%0.35%0.18%
Spliced Pacific Stock Index0.22%8.08%8.08% –6.55%8.72%4.88%9.10%
Spliced Small and Mid Cap Index–0.07% 16.17%16.17%5.33%12.46%8.61%16.99%
Spliced Small Cap Growth Index0.30%19.52%19.52% 10.41%15.74%8.67%17.47%
Spliced Small Cap Index–0.89%16.21% 16.21%5.61%12.77%7.89%16.94%
Spliced Small Cap Value Index–1.94% 13.39%13.39%1.60%10.29%7.20%16.34%
Spliced Social Index1.92%13.79%13.79% 10.80%15.00%11.57%17.32%
Spliced Total Stock Market Index1.45%14.06%14.06% 8.82%13.53%10.35%16.07%
Spliced Total World Stock Index1.10%12.34%12.34% 2.27%10.93%6.73%12.39%
Spliced US IMI Consumer Stapl 25/503.42%11.28% 11.28%9.79%5.12%8.38%13.68%
Spliced US IMI Energy 25/502.39%16.79%16.79% –0.41%4.29%–4.16%5.95%

BenchmarkReturns as of 03/31/2019Month End YTD
as of
03/31/2019
Average Annual Total
Returns as of 03/31/2019
1 Month3 Month1 Year3 Year5 Year10 Year
Spliced US IMI Financials 25/50–3.10% 9.31%9.31%–4.82%13.95%9.44%15.40%
Spliced US IMI Health Care 25/500.41%8.18%8.18% 14.58%13.58%11.65%17.06%
Spliced US IMI Industrials 25/50–1.27% 16.78%16.78%2.47%12.04%8.95%17.36%
Spliced US IMI Materials 25/500.31%11.56%11.56% –2.55%9.80%5.11%13.15%
Spliced US IMI Utilities 25/502.86%10.75%10.75% 19.79%9.97%11.12%13.38%
Spliced Value Index0.55%10.76%10.76% 7.23%12.19%9.41%15.16%
STAR Composite Index1.38%9.10%9.10%4.97% 8.38%6.22%10.29%
Target Retirement 2015 Composite Ix1.45%6.53% 6.53%4.05%6.44%5.16%9.38%
Target Retirement 2020 Composite Ix1.43%7.88% 7.88%4.08%7.57%5.86%10.42%
Target Retirement 2025 Composite Ix1.42%8.87% 8.87%4.11%8.38%6.28%11.18%
Target Retirement 2030 Composite Ix1.36%9.58% 9.58%3.99%9.05%6.60%11.88%
Target Retirement 2035 Composite Ix1.30%10.30% 10.30%3.86%9.72%6.91%12.52%
Target Retirement 2040 Composite Ix1.24%11.03% 11.03%3.72%10.38%7.21%12.83%
Target Retirement 2045 Composite Ix1.19%11.57% 11.57%3.63%10.62%7.34%12.90%
Target Retirement 2050 Composite Ix1.19%11.57% 11.57%3.63%10.62%7.34%12.90%
Target Retirement 2055 Composite Ix1.19%11.57% 11.57%3.63%10.62%7.34%
Target Retirement 2060 Composite Ix1.19%11.57% 11.57%3.63%10.62%7.34%
Target Retirement 2065 Composite Ix1.19%11.57% 11.57%3.63%

BenchmarkReturns as of 03/31/2019Month End YTD
as of
03/31/2019
Average Annual Total
Returns as of 03/31/2019
1 Month3 Month1 Year3 Year5 Year10 Year
Target Retirement Income Compos. Ix1.48%5.60% 5.60%4.06%5.04%4.31%6.85%
Tax-Exempt Money Mkt Funds Average0.10%0.28%0.28% 1.09%0.60%0.36%0.19%
Tax-Managed Balanced Compos. Index1.47%8.17%8.17% 7.51%7.99%7.03%10.13%
US Gov't Money Market Funds Average0.15%0.45% 0.45%1.48%0.68%0.41%0.21%
Wellesley Income Composite Index1.58%6.38%6.38% 5.86%5.60%5.66%9.09%
Wellington Composite Index2.02%10.24%10.24% 8.09%9.74%8.36%12.36%

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