Benchmark Returns

BenchmarkReturns as of 05/31/2018Month End YTD
as of
05/31/2018
Average Annual Total
Returns as of 05/31/2018
1 Month3 Month1 Year3 Year5 Year10 Year
Balanced Composite Index1.98%1.02%1.08% 8.86%7.16%8.61%7.50%
BloomBarc 1 Year Municipal Index0.33%0.16%0.62% 0.50%0.74%0.70%1.32%
BloomBarc 1-15 Year Municipal Index0.94%0.89% –0.25%0.45%2.23%2.38%3.78%
BloomBarc 1-5 Year Municipal Index0.64%0.31%0.32% –0.08%1.15%1.17%2.36%
BloomBarc CA Municipal Index1.35%1.39%–0.15% 1.43%2.82%3.29%4.61%
BloomBarc GA ex-USD FlAdjRIC Cp Hgd0.07%1.04% 0.93%2.36%2.99%3.76%
BloomBarc MA Municipal Index1.11%1.12%–0.54% 0.55%2.47%2.78%4.15%
BloomBarc Municipal Bond Index1.15%1.16%–0.33% 1.11%2.79%2.92%4.30%
BloomBarc Municipal CA Intermed Idx1.24%1.12% –0.20%0.01%2.07%2.52%4.26%
BloomBarc NJ Municipal Index1.16%1.35%–0.10% 3.59%4.21%3.32%4.52%
BloomBarc NY Municipal Index1.13%1.00%–0.50% 0.68%2.64%2.94%4.18%
BloomBarc OH Municipal Index1.11%1.03%–0.41% 0.86%2.78%3.20%4.15%
BloomBarc PA Municipal Index1.17%1.29%–0.39% 1.43%3.03%3.22%4.48%
BloomBarc US 0-5 Year TIPS Index0.35%0.85%0.53% 0.78%1.05%0.51%
BloomBarc US 1-5 Year Credit Index0.45%0.40%–0.39% 0.15%1.38%1.64%3.31%
BloomBarc US 1-5 Year Treasury Idx0.49%0.46%–0.27% –0.55%0.45%0.70%1.83%
BloomBarc US 1-5 Yr Corporate Index0.46%0.41% –0.43%0.24%1.58%1.83%3.58%
BloomBarc US 1-5 Yr Government Idx0.49%0.45%–0.26% –0.52%0.46%0.71%1.85%

BenchmarkReturns as of 05/31/2018Month End YTD
as of
05/31/2018
Average Annual Total
Returns as of 05/31/2018
1 Month3 Month1 Year3 Year5 Year10 Year
BloomBarc US 10+ Year Corp Index0.50%–0.80% –5.44%0.72%4.27%4.74%7.49%
BloomBarc US 5-10 Year Corp Index0.67%–0.15% –2.61%–0.86%2.33%3.02%5.72%
BloomBarc US 5-10 Year Credit Index0.64%–0.14% –2.58%–0.88%2.14%2.87%5.61%
BloomBarc US 5-10 Yr Treasury Index1.02%0.94% –1.57%–2.05%0.59%1.29%3.88%
BloomBarc US Agg Float Adj Index0.71%0.58%–1.54% –0.38%1.40%1.97%
BloomBarc US GNMA Index0.76%0.99%–0.94% –0.48%1.00%1.83%3.56%
BloomBarc US Long Treasury Index2.12%3.16%–3.17% 0.09%2.00%3.84%6.21%
BloomBarc US LongCredit A/Better Ix0.73%–0.27% –5.38%0.67%4.06%4.64%7.00%
BloomBarc US MBS Float Adj Index0.68%0.81%–0.97% –0.30%1.13%1.99%
BloomBarc US Treas Bellwether:1Yr0.22%0.49%0.66% 1.05%0.74%0.57%0.83%
BloomBarc US Trsy Inflat Prtcd Idx0.43%1.42%–0.42% 0.74%1.46%0.86%3.15%
BloomBarc USD EmergMkt GovRIC CapIx–0.76% –1.67%–3.39%–0.90% 4.04%3.69%
CA Tax-Exempt Money Mkt Funds Avg0.07%0.21%0.30% 0.49%0.23%0.14%0.17%
Communication Services Spliced Idx–2.74% –4.28%–8.64%–9.09% 1.40%4.89%4.19%
Conservative Growth Composite Index0.65%0.42% 0.00%5.51%4.77%5.81%5.44%
Consumer Discretionary Spliced Idx2.23%1.82%6.28% 17.12%11.90%14.41%14.03%
Convertibles Composite Index2.38%2.91%4.66% 9.78%5.72%8.44%7.06%
CRSP US Total Market Index2.81%1.16%2.58% 15.11%10.70%12.84%

BenchmarkReturns as of 05/31/2018Month End YTD
as of
05/31/2018
Average Annual Total
Returns as of 05/31/2018
1 Month3 Month1 Year3 Year5 Year10 Year
Dividend Growth Spliced Index1.76%–0.56% 0.35%11.80%10.31%10.95%7.87%
FTSE All-World ex US Index–2.35%–2.48% –1.93%9.62%4.99%5.84%2.26%
FTSE AW ex US High Div Yield Idx–3.85% –4.06%–3.59%5.82%3.38%4.35% 1.85%
FTSE Emerging Index–3.63%–7.10% –3.11%12.24%4.84%4.25%1.61%
FTSE Global All Cap Index Hdg.1.18%1.09%1.41% 12.31%8.14%10.64%6.76%
FTSE Global Small-Cap ex US Index–0.21% –0.03%0.26%14.15%7.28%7.52%4.11%
FTSE High Dividend Yield Index1.60%–0.47% –1.15%11.05%9.82%11.49%9.15%
Global Wellesley Income Comp Index–0.37% –0.57%–1.81%
Global Wellington Composite Index0.47%–0.10% 0.04%
Growth Composite Index0.77%0.06%0.68% 10.66%7.47%9.06%6.79%
High-Yield Corporate Composite Idx–0.14% –0.16%–0.73%1.61%4.00%4.40% 6.92%
iMoneyNet MFR Treasury Funds Avg0.10%0.27%0.39% 0.69%0.26%0.15%0.12%
Income Composite Index0.58%0.58%–0.39% 2.96%3.36%4.14%4.72%
Information Technology Spliced Idx7.05%3.40%11.36% 27.64%20.01%20.71%13.48%
JP Morgan EMBI Global Diversified–0.94% –2.10%–4.08%–0.56% 4.50%4.34%6.67%
Managed Payout Composite Index0.75%0.36%0.54% 8.56%5.85%6.61%4.65%
Moderate Growth Composite Index0.71%0.25%0.35% 8.08%6.14%7.45%6.29%
Money Market Funds Average0.12%0.33%0.49% 0.91%0.40%0.24%0.23%

BenchmarkReturns as of 05/31/2018Month End YTD
as of
05/31/2018
Average Annual Total
Returns as of 05/31/2018
1 Month3 Month1 Year3 Year5 Year10 Year
MSCI US Broad Market Index2.84%1.18%2.60% 15.09%10.73%12.92%9.35%
MSCI US Prime Market 750 Index2.51%0.45%2.22% 14.57%10.79%13.02%9.25%
MSCI US Small Cap 1750 Index5.53%7.43%5.64% 19.18%10.35%12.14%10.15%
NASDAQ Intl DividendAchieversSel Ix0.51%1.90% –0.45%8.36%
NASDAQ US Dividend Achievers Select1.76%–0.56% 0.35%11.80%10.31%10.95%8.88%
NY Tax-Exempt Money Mkt Funds Avg0.07%0.22%0.32% 0.52%0.24%0.14%0.18%
Real Estate Spliced Index3.63%8.56%–3.87% 0.49%4.58%6.73%6.35%
Russell 1000 Growth Index4.38%1.88%6.23% 21.02%13.93%15.69%10.89%
Russell 1000 Index2.55%0.57%2.19%14.60% 10.70%12.91%9.18%
Russell 1000 Value Index0.59%–0.85% –1.93%8.25%7.45%10.09%7.38%
Russell 2000 Growth Index6.30%7.83%8.85% 25.08%10.81%13.33%10.47%
Russell 2000 Index6.07%8.37%6.90%20.76% 10.98%12.18%9.64%
Russell 2000 Value Index5.82%8.98%4.81% 16.35%11.04%10.96%8.71%
Russell 2500 Growth Index5.32%5.51%7.14% 23.27%10.43%13.41%10.46%
Russell 2500 Value Index4.11%6.40%2.45% 13.85%9.19%10.44%8.97%
Russell 3000 Growth Index4.53%2.32%6.43% 21.32%13.69%15.51%10.86%
Russell 3000 Index2.82%1.14%2.55%15.06% 10.72%12.85%9.21%
Russell 3000 Value Index0.99%–0.14% –1.43%8.85%7.71%10.15%7.48%

BenchmarkReturns as of 05/31/2018Month End YTD
as of
05/31/2018
Average Annual Total
Returns as of 05/31/2018
1 Month3 Month1 Year3 Year5 Year10 Year
Russell Midcap Growth Index3.74%2.59%4.99% 18.42%9.99%13.00%9.58%
Russell Midcap Value Index1.09%1.84%–0.96% 8.32%7.57%10.83%8.95%
S&P 500 Growth Index4.33%1.50%6.63%19.44% 13.51%15.44%10.95%
S&P 500 Index2.41%0.19%2.02%14.38% 10.97%12.98%9.14%
S&P 500 Value Index0.26%–1.29% –2.84%8.94%7.87%10.11%7.09%
S&P Completion Index4.77%5.75%5.15%18.39% 9.63%12.11%9.71%
S&P EPAC SmallCap Index–0.77%–1.00% 0.08%13.98%9.54%10.71%5.44%
S&P Global ex U.S. Property Index–1.68% 1.01%–0.37%11.12%5.15%5.09%
S&P MidCap 400 Growth Index4.02%3.92%4.26% 16.53%10.84%12.48%10.36%
S&P MidCap 400 Index4.13%4.82%3.05%14.86% 10.25%12.17%9.93%
S&P MidCap 400 Value Index4.23%5.79%1.76% 13.09%9.28%11.59%9.37%
S&P National AMT-Free Muni Bond Idx1.13%1.08% –0.43%1.16%2.74%2.67%4.08%
S&P SmallCap 600 Growth Index7.08%10.24%10.09% 24.40%14.45%15.15%11.79%
S&P SmallCap 600 Index6.46%9.75%8.17% 22.72%13.80%14.31%11.24%
S&P SmallCap 600 Value Index5.87%9.23%6.20% 20.97%13.10%13.39%10.64%
Spl BloomBarc US 5-10Yr G/Cr FltAdj0.84%0.43% –2.05%–1.47%1.34%2.07%4.68%
Spl BloomBarc US Long Treasury Idx2.12%3.16%–3.17% 0.08%2.03%3.82%
Spl BloomBarc US Treas 1-3 Yr Idx0.37%0.40%0.04% –0.07%0.42%0.57%

BenchmarkReturns as of 05/31/2018Month End YTD
as of
05/31/2018
Average Annual Total
Returns as of 05/31/2018
1 Month3 Month1 Year3 Year5 Year10 Year
Spl BloomBarc US Treas 3-10 Yr Idx0.85%0.75%–1.16% –1.63%0.57%1.17%
Spl BloomBarc US1-5YrGov/Cr FlAdjIx0.47%0.43% –0.30%–0.28%0.79%1.03%2.26%
Spl BloomBarc USLongGv/Cr FltAdj Ix1.14%0.81% –4.38%0.59%3.26%4.27%6.90%
Spl Total International Stock Index–2.12% –2.22%–1.70%10.10%5.23% 6.02%2.07%
Spliced BloomBarc USAgg Flt AdjIx0.71%0.58%–1.54% –0.38%1.40%1.97%3.74%
Spliced Developed ex US Index–1.82% –1.04%–1.39%9.56%5.27%6.53% 2.40%
Spliced Emerging Markets Index–3.12% –6.44%–2.87%12.35%4.25% 3.89%1.29%
Spliced Energy Index1.18%10.32%5.39% 21.26%3.74%1.09%–1.21%
Spliced Equity Income Index1.60%–0.47% –1.15%11.05%9.82%11.49%9.15%
Spliced European Stock Index–3.04% –1.42%–2.11%5.86%4.06%5.86% 1.80%
Spliced Extended Market Index4.77%5.75%5.15% 18.39%9.63%12.11%9.71%
Spliced Glbl Custom Metals & Mining0.66%1.22% –2.47%17.74%8.62%0.59%–3.44%
Spliced Global Equity Index0.12%–1.08% 0.11%11.84%7.52%8.88%4.95%
Spliced Growth Index4.36%2.04%5.90%17.41% 12.30%14.67%10.34%
Spliced Health Care Index0.51%–0.72% 0.32%6.90%2.41%10.08%10.07%
Spliced Inst Total Stock Market Idx2.81%1.16% 2.58%15.11%10.70%12.84%9.33%
Spliced International Index–2.31%–2.50% –1.92%9.67%4.74%5.46%1.35%
Spliced Large Cap Index2.38%0.19%2.07% 14.45%10.82%12.95%9.22%

BenchmarkReturns as of 05/31/2018Month End YTD
as of
05/31/2018
Average Annual Total
Returns as of 05/31/2018
1 Month3 Month1 Year3 Year5 Year10 Year
Spliced Market Neutral Index USD0.15%0.42%0.63% 1.24%0.58%0.35%0.30%
Spliced Mega Cap Growth Index4.62%1.73%6.27% 18.38%13.31%15.35%10.75%
Spliced Mega Cap Index2.50%–0.06% 2.15%14.96%11.34%13.16%9.22%
Spliced Mega Cap Value Index0.67%–1.64% –1.35%12.07%9.61%11.36%7.83%
Spliced Mid Cap Growth Idx3.72%3.03%4.62% 14.50%8.30%11.96%8.36%
Spliced Mid Cap Index1.78%1.53%1.66% 11.82%8.25%11.88%9.17%
Spliced Mid Cap Value Index0.04%0.18%–0.92% 9.47%8.20%11.78%9.80%
Spliced NJ Tax-Ex Money Mkt Fds Avg0.08%0.25% 0.37%0.64%0.28%0.17%0.20%
Spliced PA Tax-Ex Money Mkt Fds Avg0.08%0.25% 0.37%0.64%0.28%0.17%0.20%
Spliced Pacific Stock Index–0.99%–1.54% –0.03%14.79%7.39%7.65%3.66%
Spliced Small and Mid Cap Index3.78%4.50%3.99% 16.89%9.79%12.54%9.85%
Spliced Small Cap Growth Index5.79%7.68%8.30% 22.43%10.01%11.87%10.15%
Spliced Small Cap Index5.07%6.61%5.19% 18.21%9.84%12.00%10.09%
Spliced Small Cap Value Index4.48%5.73%2.70% 14.83%9.68%12.09%9.88%
Spliced Social Index2.95%0.76%2.81%16.49% 11.19%13.98%9.68%
Spliced Total Stock Market Index2.81%1.16%2.58% 15.11%10.70%12.84%9.32%
Spliced Total World Stock Index0.39%–0.55% 0.48%12.65%8.06%9.45%6.17%
Spliced US IMI Consumer Stapl 25/50–1.15% –5.39%–10.84%–8.60% 3.47%7.59%9.02%

BenchmarkReturns as of 05/31/2018Month End YTD
as of
05/31/2018
Average Annual Total
Returns as of 05/31/2018
1 Month3 Month1 Year3 Year5 Year10 Year
Spliced US IMI Energy 25/503.56%15.87%6.81% 20.90%1.45%0.99%0.52%
Spliced US IMI Financials 25/50–0.18% –3.73%–0.95%18.99%13.69% 13.44%6.29%
Spliced US IMI Health Care 25/501.56%–0.03% 2.32%13.20%5.56%14.11%12.85%
Spliced US IMI Industrials 25/503.32%–1.45% –1.30%12.13%11.62%13.09%8.84%
Spliced US IMI Materials 25/502.40%–0.90% –2.62%12.67%8.14%10.13%5.65%
Spliced US IMI Utilities 25/50–0.36% 6.28%–1.28%–0.08%9.34%10.57% 6.83%
Spliced Value Index0.63%–1.45% –1.23%11.91%9.51%11.47%8.16%
STAR Composite Index1.04%0.33%0.51%8.36% 6.34%7.55%6.42%
Target Retirement 2015 Composite Ix0.63%0.41% 0.18%5.94%4.85%6.27%5.45%
Target Retirement 2020 Composite Ix0.68%0.30% 0.31%7.47%5.76%7.30%5.97%
Target Retirement 2025 Composite Ix0.72%0.21% 0.40%8.57%6.37%7.97%6.20%
Target Retirement 2030 Composite Ix0.77%0.18% 0.56%9.58%6.87%8.57%6.38%
Target Retirement 2035 Composite Ix0.78%0.10% 0.67%10.54%7.36%9.17%6.66%
Target Retirement 2040 Composite Ix0.78%0.00% 0.77%11.49%7.83%9.68%6.99%
Target Retirement 2045 Composite Ix0.79%–0.03% 0.84%11.97%8.11%9.85%7.07%
Target Retirement 2050 Composite Ix0.79%–0.03% 0.84%11.97%8.11%9.85%7.07%
Target Retirement 2055 Composite Ix0.79%–0.03% 0.84%11.97%8.11%9.85%
Target Retirement 2060 Composite Ix0.79%–0.03% 0.84%11.97%8.11%9.85%

BenchmarkReturns as of 05/31/2018Month End YTD
as of
05/31/2018
Average Annual Total
Returns as of 05/31/2018
1 Month3 Month1 Year3 Year5 Year10 Year
Target Retirement 2065 Composite Ix0.79%–0.03% 0.84%11.97%
Target Retirement Income Compos. Ix0.59%0.52% 0.03%4.29%3.92%4.67%4.94%
Tax-Exempt Money Mkt Funds Average0.08%0.25%0.37% 0.64%0.30%0.18%0.20%
Tax-Managed Balanced Compos. Index1.75%0.81%1.12% 7.49%6.63%7.74%7.03%
US Gov't Money Market Funds Average0.09%0.26% 0.38%0.65%0.25%0.15%0.16%
Wellesley Income Composite Index0.97%–0.04% –1.86%3.74%4.88%5.74%6.38%
Wellington Composite Index1.78%0.20%0.55% 9.18%7.93%9.36%7.77%

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