Benchmark Returns

BenchmarkReturns as of 06/30/2016Month End YTD
as of
06/30/2016
Average Annual Total
Returns as of 06/30/2016
1 Month3 Month1 Year3 Year5 Year10 Year
Balanced Composite Index0.95%2.62%4.61% 4.17%8.52%8.84%7.03%
Barclays 1 Year Municipal Index0.17%0.34%0.66% 1.05%0.78%0.81%2.07%
Barclays 1-15 Year Municipal Index1.24%1.90%3.38% 6.12%4.50%4.22%4.75%
Barclays 1-5 Year Municipal Index0.55%0.75%1.55% 2.60%2.03%1.93%3.30%
Barclays CA Municipal Index1.58%2.65%4.29% 7.70%6.27%6.10%5.38%
Barclays GA ex-USD FlAj RIC CpIxHgd2.02%2.67% 6.18%8.40%6.01%
Barclays MA Municipal Index1.66%2.60%4.24% 7.66%5.60%5.07%5.21%
Barclays Municipal Bond Index1.59%2.61%4.33% 7.65%5.58%5.33%5.13%
Barclays Municipal CA Intermed Idx1.14%1.69%3.17% 6.07%4.88%4.78%5.31%
Barclays NJ Municipal Index2.20%3.63%5.72% 9.87%5.64%5.64%5.17%
Barclays NY Municipal Index1.46%2.52%4.22% 7.40%5.68%5.12%5.08%
Barclays OH Municipal Index1.68%2.66%4.44% 8.05%6.15%5.32%4.87%
Barclays PA Municipal Index1.61%2.70%4.46% 8.03%5.86%5.61%5.33%
Barclays US 0-5 Year TIPS Index0.94%0.85%2.68% 1.66%0.63%0.58%
Barclays US 1-3Yr Gov Flt Adj Idx0.59%0.52%1.42% 1.31%1.00%0.84%
Barclays US 1-5 Year Credit Index0.92%1.31%3.07% 3.09%2.60%2.65%4.32%
Barclays US 1-5 Year Treasury Index0.99%0.82% 2.41%2.44%1.62%1.42%3.24%
Barclays US 1-5 Yr Corporate Index0.92%1.39%3.17% 3.38%2.82%2.91%4.51%

BenchmarkReturns as of 06/30/2016Month End YTD
as of
06/30/2016
Average Annual Total
Returns as of 06/30/2016
1 Month3 Month1 Year3 Year5 Year10 Year
Barclays US 1-5 Yr Government Index0.96%0.80% 2.36%2.39%1.62%1.41%3.23%
Barclays US 10+ Year Corp Index4.05%6.64%13.92% 14.06%8.64%8.47%8.12%
Barclays US 3-10Yr Gov Flt Adj Idx1.99%1.74%5.10% 5.90%3.57%3.52%
Barclays US 5-10 Year Corp Index2.15%3.33%7.52% 7.95%5.84%5.83%6.70%
Barclays US 5-10 Year Credit Index2.20%3.26%7.47% 7.63%5.72%5.66%6.71%
Barclays US 5-10 Yr Treasury Index2.52%2.29%6.47% 7.75%4.45%4.50%6.08%
Barclays US Agg Float Adj Index1.89%2.32%5.52% 6.12%4.07%3.81%
Barclays US GNMA Index0.66%0.90%2.67% 3.97%3.52%2.88%4.99%
Barclays US Long Credit A/Better Ix3.84%6.09% 13.09%15.94%9.46%8.94%7.96%
Barclays US Long Gov Flt Adj Idx6.06%6.38%14.96% 19.00%10.39%10.18%
Barclays US Long Treasury Index6.14%6.44%15.12% 19.30%10.46%10.31%8.77%
Barclays US MBS Float Adj Index0.76%1.07%2.93% 4.06%3.60%2.93%
Barclays US Treas Bellwether:1Yr Ix0.28%0.38% 0.66%0.73%0.45%0.38%1.70%
Barclays US Trsy Inflat Prtcd Index2.08%1.71% 6.24%4.35%2.31%2.63%4.75%
Barclays USD EmergMkt GovRIC Cap Ix3.27%5.06% 9.96%9.12%6.27%
CA Tax-Exempt Money Mkt Funds Avg0.00%0.01%0.01% 0.02%0.01%0.01%0.63%
Citigroup 3-Month US T-Bill Idx (Daily)0.02%0.06% 0.12%0.14%0.07%0.06%
Conservative Growth Composite Index1.02%2.13% 4.41%3.41%6.14%5.77%5.59%

BenchmarkReturns as of 06/30/2016Month End YTD
as of
06/30/2016
Average Annual Total
Returns as of 06/30/2016
1 Month3 Month1 Year3 Year5 Year10 Year
Convertibles Composite Index–0.07% 2.41%0.89%–3.43%6.78%6.51%6.01%
CRSP US Total Market Index0.24%2.69%3.66% 2.14%11.09%11.56%
Dividend Growth Spliced Index2.36%3.09%8.25% 8.48%10.37%10.74%6.82%
FTSE All-World ex US Index–1.52%–0.51% –0.92%–9.75%1.72%0.49%2.49%
FTSE AW ex US High Div Yield Idx–2.18% –1.06%–0.54%–11.70% 0.28%0.01%2.23%
FTSE Emerging Index4.60%1.72%7.88%–12.17% –0.76%–3.21%4.07%
FTSE Global All Cap Index Hdg.–1.13% 1.36%0.08%–3.08%8.30%8.06%5.38%
FTSE Global Small-Cap ex US Index–2.70% –0.59%0.20%–6.68%3.94%1.22% 3.61%
FTSE High Dividend Yield Index2.15%4.39%8.71% 9.74%11.63%13.23%7.93%
Growth Composite Index0.04%1.71%2.87% –0.36%7.47%7.54%5.85%
High-Yield Corporate Composite Idx0.76%3.99%7.24% 1.93%4.37%5.76%7.00%
iMoneyNet MFR Treasury Funds Avg0.00%0.00%0.00% 0.00%0.00%0.00%0.72%
Income Composite Index1.49%2.30%5.10% 5.16%5.37%4.89%5.43%
Inst Money Market Funds Average0.02%0.06%0.11% 0.12%0.04%0.04%1.05%
Managed Payout Composite Index0.65%2.43%4.03% 0.52%5.45%5.17%
Moderate Growth Composite Index0.54%1.94%3.67% 1.57%6.84%6.83%5.92%
Money Market Funds Average0.01%0.02%0.02% 0.02%0.01%0.00%0.89%
MSCI US Broad Market Index0.19%2.64%3.57% 2.09%11.18%11.65%7.57%

BenchmarkReturns as of 06/30/2016Month End YTD
as of
06/30/2016
Average Annual Total
Returns as of 06/30/2016
1 Month3 Month1 Year3 Year5 Year10 Year
MSCI US Prime Market 750 Index0.23%2.53%3.52% 3.03%11.59%11.94%7.62%
MSCI US Small Cap 1750 Index–0.14% 3.44%4.20%–4.27%8.26%9.53%7.51%
NASDAQ Intl DividendAchieversSel Ix1.33%3.68% 5.34%
NASDAQ US Dividend Achievers Select2.36%3.09% 8.25%8.48%10.37%10.74%7.81%
NY Tax-Exempt Money Mkt Funds Avg0.00%0.01%0.01% 0.01%0.00%0.01%0.65%
REIT Spliced Index6.90%6.81%13.56%24.10% 13.51%12.53%7.56%
Russell 1000 Growth Index–0.39%0.61% 1.36%3.02%13.07%12.35%8.78%
Russell 1000 Index0.23%2.54%3.74%2.93% 11.48%11.88%7.51%
Russell 1000 Value Index0.86%4.58%6.30% 2.86%9.87%11.35%6.13%
Russell 2000 Growth Index–0.46%3.24% –1.59%–10.75%7.74%8.51% 7.14%
Russell 2000 Index–0.06%3.79% 2.22%–6.73%7.09%8.35%6.20%
Russell 2000 Value Index0.30%4.31%6.08% –2.58%6.36%8.15%5.15%
Russell 2500 Growth Index–0.74%2.70% –0.03%–7.69%9.06%9.27%7.96%
Russell 2500 Value Index0.60%4.37%7.84% 0.22%8.14%9.59%6.52%
Russell 3000 Growth Index–0.40%0.80% 1.14%1.88%12.65%12.04%8.65%
Russell 3000 Index0.21%2.63%3.62%2.14% 11.13%11.60%7.40%
Russell 3000 Value Index0.83%4.57%6.29% 2.42%9.58%11.09%6.05%
Russell Midcap Growth Index–0.02%1.56% 2.15%–2.14%10.52%9.98%8.12%

BenchmarkReturns as of 06/30/2016Month End YTD
as of
06/30/2016
Average Annual Total
Returns as of 06/30/2016
1 Month3 Month1 Year3 Year5 Year10 Year
Russell Midcap Value Index0.91%4.77%8.87% 3.25%11.00%11.70%7.79%
S&P 500 Growth Index–0.36%1.01% 1.55%4.24%13.41%12.92%8.97%
S&P 500 Index0.26%2.46%3.84%3.99% 11.66%12.10%7.42%
S&P 500 Value Index0.89%3.96%6.24%3.38% 9.66%11.18%5.77%
S&P Completion Index–0.12%3.37% 2.44%–5.56%8.36%9.32%7.36%
S&P EPAC SmallCap Index–4.90%–2.78% –3.26%–4.76%7.26%4.58%3.92%
S&P Global ex U.S. Property Index0.94%0.90%5.09% –0.36%3.49%4.70%
S&P MidCap 400 Growth Index0.35%4.35%5.65% 1.17%10.77%10.07%9.29%
S&P MidCap 400 Index0.42%3.99%7.93%1.33% 10.53%10.55%8.55%
S&P MidCap 400 Value Index0.48%3.67%10.26% 1.28%10.13%10.96%7.75%
S&P National AMT-Free Muni Bond Idx1.60%2.66% 4.29%7.79%5.31%5.10%
S&P SmallCap 600 Growth Index0.43%3.55%3.94% –0.63%11.00%11.05%8.63%
S&P SmallCap 600 Index0.61%3.48%6.23% –0.03%10.23%11.20%7.86%
S&P SmallCap 600 Value Index0.78%3.40%8.76% 0.72%9.43%11.36%7.08%
Spl Barclays US 5-10Yr G/Cr Flt Adj2.36%2.74% 6.93%7.68%5.08%5.08%6.34%
Spl Barclays US1-5YrGov/Cr FlAdj Ix0.94%0.98% 2.61%2.63%1.93%1.77%3.52%
Spl Barclays USLongGv/Cr Flt Adj Ix4.92%6.55% 14.33%15.72%9.33%9.18%8.42%
Spl Total International Stock Index–1.64% –0.52%–0.81%–9.44% 1.95%0.57%1.93%

BenchmarkReturns as of 06/30/2016Month End YTD
as of
06/30/2016
Average Annual Total
Returns as of 06/30/2016
1 Month3 Month1 Year3 Year5 Year10 Year
Spliced Barclays USAgg Float Adj Ix1.89%2.32% 5.52%6.12%4.07%3.81%5.16%
Spliced Developed ex US Index–2.97% –1.09%–3.29%–8.88% 2.64%2.03%1.75%
Spliced Emerging Markets Index4.50%1.41%6.92% –12.85%–1.02%–3.47% 3.64%
Spliced Energy Index4.27%9.52%16.32% –6.33%–3.78%–3.83% 1.15%
Spliced Equity Income Index2.15%4.39%8.71% 9.74%11.63%13.23%7.87%
Spliced European Stock Index–4.96% –3.00%–5.27%–10.91% 2.32%1.29%1.65%
Spliced Extended Market Index–0.12% 3.37%2.44%–5.56%8.36%9.32%7.36%
Spliced Glbl Custom Metals & Mining13.68%21.65% 57.22%9.61%–1.42%–13.30% –0.83%
Spliced Global Equity Index–0.61%0.99% 1.23%–3.73%6.03%5.38%4.29%
Spliced Growth Index–0.67%1.02% 1.39%1.52%12.58%12.21%8.74%
Spliced Health Care Index0.85%5.47%–1.57% –4.66%12.76%13.81%9.65%
Spliced Inst Total Stock Market Idx0.24%2.69% 3.66%2.14%11.09%11.62%7.55%
Spliced International Index–1.53%–0.64% –1.02%–10.24%1.16%0.10% 0.71%
Spliced Large Cap Index0.25%2.48%3.56% 3.19%11.49%11.88%7.59%
Spliced Mega Cap Growth Index–0.69% 0.79%1.19%2.18%12.99%12.76%8.91%
Spliced Mega Cap Index0.31%2.51%3.57% 4.03%11.61%12.15%7.55%
Spliced Mega Cap Value Index1.18%4.03%5.64% 5.66%10.65%11.63%6.18%
Spliced Mid Cap Growth Idx–0.47%1.87% 2.51%–3.20%10.22%9.28%7.50%

BenchmarkReturns as of 06/30/2016Month End YTD
as of
06/30/2016
Average Annual Total
Returns as of 06/30/2016
1 Month3 Month1 Year3 Year5 Year10 Year
Spliced Mid Cap Index–0.07%2.34% 3.52%–0.87%10.82%10.61%7.84%
Spliced Mid Cap Value Index0.29%2.75%4.44% 1.29%11.30%11.81%7.91%
Spliced NJ Tax-Ex Money Mkt Fds Avg0.00%0.00% 0.00%0.01%0.01%0.01%0.65%
Spliced OH Tax-Ex Money Mkt Fds Avg0.00%0.00% 0.00%0.01%0.01%0.00%0.68%
Spliced PA Tax-Ex Money Mkt Fds Avg0.00%0.00% 0.00%0.01%0.01%0.01%0.65%
Spliced Pacific Stock Index–0.83%0.77% –1.95%–7.28%2.46%2.98%1.72%
Spliced Small and Mid Cap Index0.08%3.29%4.64% –1.54%10.29%10.50%7.85%
Spliced Small Cap Growth Index0.48%4.35%2.32% –6.48%7.35%8.48%7.90%
Spliced Small Cap Index0.27%3.97%5.01% –2.91%8.93%9.87%7.68%
Spliced Small Cap Value Index0.10%3.66%7.29% 0.20%10.24%10.94%7.20%
Spliced Social Index–1.07%1.54% 0.84%–0.11%11.62%12.85%6.52%
Spliced Total Stock Market Index0.24%2.69%3.66% 2.14%11.09%11.60%7.55%
Spliced Total World Stock Index–0.66% 1.20%1.62%–3.45%6.57%5.79%
Spliced US IMI Consumer Discr 25/50–1.15% –1.37%0.24%0.23%11.88%15.01%10.20%
Spliced US IMI Consumer Stapl 25/505.19%4.97% 10.58%17.32%14.55%15.14%11.83%
Spliced US IMI Energy 25/502.83%11.47%16.49% –6.62%–2.58%–0.52% 3.55%
Spliced US IMI Financials 25/50–2.49% 2.77%–1.35%–2.31%8.14%10.46% 0.26%
Spliced US IMI Health Care 25/500.60%6.11%–1.19% –5.00%16.37%17.06%11.48%

BenchmarkReturns as of 06/30/2016Month End YTD
as of
06/30/2016
Average Annual Total
Returns as of 06/30/2016
1 Month3 Month1 Year3 Year5 Year10 Year
Spliced US IMI Industrials 25/500.47%1.50%6.34% 4.65%11.39%11.12%7.42%
Spliced US IMI Info Tech 25/50–2.42% –1.93%–0.39%2.94%14.81% 12.60%9.91%
Spliced US IMI Materials 25/50–0.32% 4.73%9.60%–1.57%8.32%5.92%7.06%
Spliced US IMI Telecom Serv 25/507.06%6.80%18.60% 18.82%11.80%10.59%7.74%
Spliced US IMI Utilities 25/507.66%7.33%23.71% 31.77%15.73%13.86%9.39%
Spliced Value Index1.07%3.81%5.53%4.69% 10.61%11.58%6.40%
STAR Composite Index0.43%1.86%3.33%1.24% 6.70%6.73%6.02%
Target Retirement 2010 Composite Ix1.04%1.94% 4.17%3.09%5.73%5.67%5.46%
Target Retirement 2015 Composite Ix0.76%1.92% 3.85%2.13%6.42%6.32%5.65%
Target Retirement 2020 Composite Ix0.58%1.93% 3.69%1.58%6.98%6.92%5.84%
Target Retirement 2025 Composite Ix0.39%1.87% 3.43%0.91%7.24%7.20%5.84%
Target Retirement 2030 Composite Ix0.21%1.79% 3.13%0.19%7.47%7.46%5.81%
Target Retirement 2035 Composite Ix0.01%1.70% 2.82%–0.55%7.70%7.70%5.86%
Target Retirement 2040 Composite Ix–0.18% 1.61%2.50%–1.29%7.78%7.86%5.96%
Target Retirement 2045 Composite Ix–0.22% 1.59%2.45%–1.35%7.76%7.85%5.95%
Target Retirement 2050 Composite Ix–0.22% 1.59%2.45%–1.35%7.76%7.85%5.95%
Target Retirement 2055 Composite Ix–0.22% 1.59%2.45%–1.35%7.76%7.85%
Target Retirement 2060 Composite Ix–0.22% 1.59%2.45%–1.35%7.76%

BenchmarkReturns as of 06/30/2016Month End YTD
as of
06/30/2016
Average Annual Total
Returns as of 06/30/2016
1 Month3 Month1 Year3 Year5 Year10 Year
Target Retirement Income Compos. Ix1.09%1.95% 4.25%3.42%5.13%5.13%5.50%
Tax-Exempt Money Mkt Funds Average0.00%0.00%0.00% 0.01%0.01%0.01%0.62%
Tax-Managed Balanced Compos. Index0.78%2.29%3.75% 4.94%8.20%8.35%6.74%
US Gov't Money Market Funds Average0.00%0.00% 0.00%0.00%0.00%0.00%0.84%
Wellesley Income Composite Index2.05%3.39%7.38% 8.77%7.53%7.93%6.84%
Wellington Composite Index0.87%2.60%4.87% 5.59%9.50%9.73%7.08%

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