Benchmark Returns

BenchmarkReturns as of 03/31/2017Month End YTD
as of
03/31/2017
Average Annual Total
Returns as of 03/31/2017
1 Month3 Month1 Year3 Year5 Year10 Year
Balanced Composite Index0.04%3.81%3.81% 10.89%7.11%8.98%6.76%
BloomBarc 1 Year Municipal Index0.00%0.69%0.69% 0.67%0.65%0.70%1.80%
BloomBarc 1-15 Year Municipal Index0.17%1.55% 1.55%0.10%2.79%2.68%4.07%
BloomBarc 1-5 Year Municipal Index0.00%1.32%1.32% 0.53%1.34%1.40%2.90%
BloomBarc CA Municipal Index0.19%1.57%1.57% –0.17%3.62%3.73%4.52%
BloomBarc GA ex-USD FlAdjRIC Cp Hgd–0.09% 0.02%0.02%1.45%4.29%
BloomBarc MA Municipal Index0.22%1.55%1.55% –0.25%3.33%3.02%4.35%
BloomBarc Municipal Bond Index0.22%1.58%1.58% 0.15%3.55%3.24%4.33%
BloomBarc Municipal CA Intermed Idx0.17%1.80% 1.80%–0.40%2.75%3.00%4.59%
BloomBarc NJ Municipal Index0.17%1.80%1.80% 0.50%3.18%3.18%4.22%
BloomBarc NY Municipal Index0.24%1.48%1.48% 0.21%3.59%3.23%4.31%
BloomBarc OH Municipal Index0.19%1.58%1.58% 0.16%3.87%3.52%4.10%
BloomBarc PA Municipal Index0.38%1.67%1.67% 0.20%3.65%3.49%4.55%
BloomBarc US 0-5 Year TIPS Index0.15%0.70%0.70% 1.69%0.71%0.35%
BloomBarc US 1-3Yr Gov Flt Adj Idx0.04%0.28%0.28% 0.25%0.74%0.65%
BloomBarc US 1-5 Year Credit Index0.09%0.89%0.89% 1.73%1.91%2.20%3.78%
BloomBarc US 1-5 Year Treasury Idx0.06%0.39%0.39% –0.16%1.09%0.89%2.66%
BloomBarc US 1-5 Yr Corporate Index0.06%0.94% 0.94%2.05%2.10%2.46%3.99%

BenchmarkReturns as of 03/31/2017Month End YTD
as of
03/31/2017
Average Annual Total
Returns as of 03/31/2017
1 Month3 Month1 Year3 Year5 Year10 Year
BloomBarc US 1-5 Yr Government Idx0.05%0.39%0.39% –0.13%1.09%0.90%2.65%
BloomBarc US 10+ Year Corp Index–0.75% 1.36%1.36%5.29%5.36%5.60%6.98%
BloomBarc US 3-10Yr Gov Flt Adj Idx0.06%0.72% 0.72%–1.27%2.30%1.75%
BloomBarc US 5-10 Year Corp Index–0.07% 1.43%1.43%2.93%4.05%4.30%5.85%
BloomBarc US 5-10 Year Credit Index–0.03% 1.49%1.49%2.62%3.92%4.11%5.84%
BloomBarc US 5-10 Yr Treasury Index0.03%0.88% 0.88%–1.93%2.81%2.03%4.95%
BloomBarc US Agg Float Adj Index–0.06% 0.85%0.85%0.49%2.65%2.35%
BloomBarc US GNMA Index–0.04%0.28% 0.28%0.09%2.45%1.79%4.23%
BloomBarc US Long Gov Flt Adj Idx–0.51% 1.45%1.45%–4.79%5.82%4.05%
BloomBarc US Long Treasury Index–0.55% 1.40%1.40%–5.00%5.83%4.04%6.71%
BloomBarc US LongCredit A/Better Ix–0.72% 1.16%1.16%2.37%5.73%5.30%6.58%
BloomBarc US MBS Float Adj Index0.03%0.46%0.46% 0.24%2.53%2.01%
BloomBarc US Treas Bellwether:1Yr–0.06% 0.09%0.09%0.66%0.47%0.39%1.34%
BloomBarc US Trsy Inflat Prtcd Idx–0.05% 1.26%1.26%1.48%2.03%0.97%4.24%
BloomBarc USD EmergMkt GovRIC CapIx0.38%3.52% 3.52%8.82%5.68%
CA Tax-Exempt Money Mkt Funds Avg0.01%0.03%0.03% 0.16%0.06%0.03%0.42%
Conservative Growth Composite Index0.38%3.00% 3.00%6.90%4.76%5.92%5.13%
Convertibles Composite Index0.73%4.40%4.40% 14.53%5.57%9.14%6.13%

BenchmarkReturns as of 03/31/2017Month End YTD
as of
03/31/2017
Average Annual Total
Returns as of 03/31/2017
1 Month3 Month1 Year3 Year5 Year10 Year
CRSP US Total Market Index0.08%5.79%5.79% 18.09%9.71%13.15%
Dividend Growth Spliced Index–0.10% 6.18%6.18%13.19%8.55%11.44%6.45%
FTSE All-World ex US Index2.51%7.85%7.85% 13.50%1.19%4.82%1.93%
FTSE AW ex US High Div Yield Idx2.55%7.15%7.15% 15.56%–0.52%4.65%1.64%
FTSE Emerging Index1.98%10.19%10.19% 17.57%2.22%1.18%3.11%
FTSE Global All Cap Index Hdg.1.06%5.64%5.64% 17.80%8.30%11.08%5.30%
FTSE Global Small-Cap ex US Index2.02%8.33%8.33% 11.86%0.95%5.76%2.28%
FTSE High Dividend Yield Index–0.32% 3.36%3.36%16.09%10.57%13.42%7.55%
Growth Composite Index0.82%5.43%5.43% 13.17%6.19%9.03%5.68%
High-Yield Corporate Composite Idx–0.14% 2.16%2.16%12.34%4.32%6.22%6.82%
iMoneyNet MFR Treasury Funds Avg0.01%0.03%0.03% 0.04%0.01%0.01%0.40%
Income Composite Index0.16%1.80%1.80% 3.82%3.95%4.32%4.80%
Managed Payout Composite Index0.47%4.05%4.05% 10.44%4.50%6.26%
Moderate Growth Composite Index0.60%4.21%4.21% 10.02%5.51%7.51%5.59%
Money Market Funds Average0.04%0.10%0.10% 0.22%0.07%0.04%0.57%
MSCI US Broad Market Index0.09%5.84%5.84% 18.18%9.82%13.23%7.72%
MSCI US Prime Market 750 Index0.10%6.19%6.19% 17.50%10.19%13.26%7.70%
MSCI US Small Cap 1750 Index0.02%3.19%3.19% 23.35%7.28%12.98%8.18%

BenchmarkReturns as of 03/31/2017Month End YTD
as of
03/31/2017
Average Annual Total
Returns as of 03/31/2017
1 Month3 Month1 Year3 Year5 Year10 Year
NASDAQ Intl DividendAchieversSel Ix3.36%8.70% 8.70%8.46%
NASDAQ US Dividend Achievers Select–0.10% 6.18%6.18%13.19%8.55%11.44%7.71%
NY Tax-Exempt Money Mkt Funds Avg0.02%0.04%0.04% 0.13%0.04%0.03%0.44%
REIT Spliced Index–2.37%0.99% 0.99%3.17%10.05%9.82%4.95%
Russell 1000 Growth Index1.16%8.91%8.91% 15.76%11.27%13.32%9.13%
Russell 1000 Index0.06%6.03%6.03%17.43% 9.99%13.26%7.58%
Russell 1000 Value Index–1.02%3.27% 3.27%19.22%8.67%13.13%5.93%
Russell 2000 Growth Index1.18%5.35%5.35% 23.03%6.72%12.10%8.06%
Russell 2000 Index0.13%2.47%2.47%26.22% 7.22%12.35%7.12%
Russell 2000 Value Index–0.85%–0.13% –0.13%29.37%7.62%12.54%6.09%
Russell 2500 Growth Index0.74%6.25%6.25% 19.77%7.23%12.17%8.47%
Russell 2500 Value Index–0.78%1.62% 1.62%23.13%7.55%12.92%6.79%
Russell 3000 Growth Index1.16%8.63%8.63% 16.27%10.90%13.22%9.04%
Russell 3000 Index0.07%5.74%5.74%18.07% 9.76%13.18%7.54%
Russell 3000 Value Index–1.01%2.99% 2.99%19.97%8.58%13.08%5.94%
Russell Midcap Growth Index0.55%6.89%6.89% 14.07%7.88%11.95%8.13%
Russell Midcap Value Index–0.73%3.76% 3.76%19.82%8.94%14.07%7.47%
S&P 500 Growth Index1.25%8.53%8.53%15.40% 11.53%13.77%9.19%

BenchmarkReturns as of 03/31/2017Month End YTD
as of
03/31/2017
Average Annual Total
Returns as of 03/31/2017
1 Month3 Month1 Year3 Year5 Year10 Year
S&P 500 Index0.12%6.07%6.07%17.17% 10.37%13.30%7.51%
S&P 500 Value Index–1.19%3.29% 3.29%18.66%8.88%12.66%5.70%
S&P Completion Index–0.07%4.57% 4.57%22.36%7.02%12.51%7.87%
S&P EPAC SmallCap Index2.18%8.04%8.04% 10.03%3.44%9.00%2.87%
S&P Global ex U.S. Property Index0.83%6.31%6.31% 3.55%2.97%6.49%
S&P MidCap 400 Growth Index–0.10%5.09% 5.09%19.13%9.03%12.56%9.66%
S&P MidCap 400 Index–0.39%3.94% 3.94%20.92%9.36%13.32%8.96%
S&P MidCap 400 Value Index–0.71%2.66% 2.66%22.13%9.34%13.89%8.16%
S&P National AMT-Free Muni Bond Idx0.23%1.28% 1.28%0.06%3.41%2.97%
S&P SmallCap 600 Growth Index0.44%2.43%2.43% 24.65%10.10%14.46%9.70%
S&P SmallCap 600 Index–0.12%1.06% 1.06%24.59%9.45%14.25%8.80%
S&P SmallCap 600 Value Index–0.75% –0.42%–0.42%24.32%8.72% 13.99%7.90%
Spl BloomBarc US 5-10Yr G/Cr FltAdj0.00%1.18% 1.18%0.24%3.35%3.05%5.32%
Spl BloomBarc US1-5YrGov/Cr FlAdjIx0.07%0.57% 0.57%0.52%1.38%1.30%2.95%
Spl BloomBarc USLongGv/Cr FltAdj Ix–0.56% 1.58%1.58%0.98%5.47%4.84%6.92%
Spl Total International Stock Index2.46%7.90% 7.90%13.32%1.16%4.87%1.38%
Spliced BloomBarc USAgg Flt AdjIx–0.06% 0.85%0.85%0.49%2.65%2.35%4.29%
Spliced Developed ex US Index2.57%7.30%7.30% 12.24%1.18%6.22%1.24%

BenchmarkReturns as of 03/31/2017Month End YTD
as of
03/31/2017
Average Annual Total
Returns as of 03/31/2017
1 Month3 Month1 Year3 Year5 Year10 Year
Spliced Emerging Markets Index1.80%10.10%10.10% 16.72%1.81%0.89%2.76%
Spliced Energy Index0.35%–3.90% –3.90%15.50%–6.49%–1.76% 0.58%
Spliced Equity Income Index–0.32%3.36% 3.36%16.09%10.57%13.42%7.41%
Spliced European Stock Index3.97%7.55%7.55% 9.59%–1.17%5.94%0.85%
Spliced Extended Market Index–0.07% 4.57%4.57%22.36%7.02%12.51%7.87%
Spliced Glbl Custom Metals & Mining–1.02% 7.81%7.81%35.45%–2.22%–8.19% –1.29%
Spliced Global Equity Index1.22%6.91%6.91% 15.04%5.08%8.37%4.00%
Spliced Growth Index1.32%9.62%9.62%15.95% 10.71%12.99%9.07%
Spliced Health Care Index0.29%8.37%8.37% 8.19%6.26%13.50%8.60%
Spliced Inst Total Stock Market Idx0.08%5.79% 5.79%18.09%9.71%13.16%7.69%
Spliced International Index2.54%7.86%7.86% 13.13%0.56%4.36%0.24%
Spliced Large Cap Index0.11%6.19%6.19% 17.43%10.13%13.21%7.67%
Spliced Market Neutral Index USD0.04%0.12%0.12% 0.34%0.13%0.11%0.61%
Spliced Mega Cap Growth Index1.51%10.27%10.27% 16.90%11.41%13.38%9.34%
Spliced Mega Cap Index0.12%6.19%6.19% 17.55%10.41%13.26%7.63%
Spliced Mega Cap Value Index–1.07% 2.82%2.82%18.14%9.67%13.29%5.96%
Spliced Mid Cap Growth Idx0.35%7.14%7.14% 13.69%7.82%11.26%7.60%
Spliced Mid Cap Index0.02%6.20%6.20% 16.80%8.73%12.93%7.86%

BenchmarkReturns as of 03/31/2017Month End YTD
as of
03/31/2017
Average Annual Total
Returns as of 03/31/2017
1 Month3 Month1 Year3 Year5 Year10 Year
Spliced Mid Cap Value Index–0.26%5.42% 5.42%19.57%9.44%14.38%7.84%
Spliced NJ Tax-Ex Money Mkt Fds Avg0.02%0.05% 0.05%0.15%0.06%0.03%0.44%
Spliced PA Tax-Ex Money Mkt Fds Avg0.02%0.05% 0.05%0.15%0.06%0.03%0.44%
Spliced Pacific Stock Index1.13%8.09%8.09% 16.27%4.71%6.41%1.90%
Spliced Small and Mid Cap Index–0.13% 4.67%4.67%19.61%8.32%13.21%8.11%
Spliced Small Cap Growth Index0.44%6.02%6.02% 19.61%5.35%11.10%8.21%
Spliced Small Cap Index–0.23%3.74% 3.74%21.47%7.39%12.87%8.13%
Spliced Small Cap Value Index–0.77% 1.98%1.98%22.98%9.07%14.22%7.75%
Spliced Social Index0.27%7.18%7.18%19.16% 10.65%14.72%6.95%
Spliced Total Stock Market Index0.08%5.79%5.79% 18.09%9.71%13.15%7.69%
Spliced Total World Stock Index1.19%6.86%6.86% 15.81%5.52%8.93%
Spliced US IMI Consumer Discr 25/502.23%8.03% 8.03%13.44%11.11%15.59%10.10%
Spliced US IMI Consumer Stapl 25/50–0.21% 5.63%5.63%6.68%11.15%13.19%10.67%
Spliced US IMI Energy 25/50–1.05%–6.89% –6.89%15.43%–6.28%0.85% 2.94%
Spliced US IMI Financials 25/50–2.69% 2.27%2.27%33.00%12.17%15.29%1.71%
Spliced US IMI Health Care 25/50–0.25% 9.13%9.13%13.36%10.32%16.98%10.96%
Spliced US IMI Industrials 25/50–0.55% 4.35%4.35%19.96%9.39%14.38%8.38%
Spliced US IMI Info Tech 25/502.20%11.95%11.95% 25.49%15.69%14.41%11.17%

BenchmarkReturns as of 03/31/2017Month End YTD
as of
03/31/2017
Average Annual Total
Returns as of 03/31/2017
1 Month3 Month1 Year3 Year5 Year10 Year
Spliced US IMI Materials 25/500.37%6.27%6.27% 23.41%6.15%9.97%6.62%
Spliced US IMI Telecom Serv 25/50–2.09% –4.31%–4.31%5.51%7.35%11.62% 4.97%
Spliced US IMI Utilities 25/50–0.07% 6.15%6.15%8.32%11.32%12.52%6.96%
Spliced Value Index–0.96%3.28% 3.28%18.79%9.66%13.47%6.25%
STAR Composite Index0.52%4.34%4.34%10.72% 5.56%7.65%5.74%
Target Retirement 2010 Composite Ix0.31%2.45% 2.45%5.72%4.09%5.49%4.74%
Target Retirement 2015 Composite Ix0.46%3.31% 3.31%7.87%4.79%6.65%5.06%
Target Retirement 2020 Composite Ix0.57%4.00% 4.00%9.57%5.38%7.57%5.36%
Target Retirement 2025 Composite Ix0.65%4.51% 4.51%10.83%5.68%8.17%5.43%
Target Retirement 2030 Composite Ix0.74%4.96% 4.96%12.01%5.93%8.74%5.46%
Target Retirement 2035 Composite Ix0.82%5.42% 5.42%13.20%6.18%9.30%5.61%
Target Retirement 2040 Composite Ix0.90%5.88% 5.88%14.39%6.41%9.70%5.82%
Target Retirement 2045 Composite Ix0.93%6.04% 6.04%14.76%6.51%9.77%5.85%
Target Retirement 2050 Composite Ix0.93%6.04% 6.04%14.76%6.51%9.77%5.85%
Target Retirement 2055 Composite Ix0.93%6.04% 6.04%14.76%6.51%9.77%
Target Retirement 2060 Composite Ix0.93%6.04% 6.04%14.76%6.51%9.77%
Target Retirement Income Compos. Ix0.30%2.41% 2.41%5.51%3.98%4.78%5.00%
Tax-Exempt Money Mkt Funds Average0.02%0.06%0.06% 0.18%0.07%0.04%0.42%

BenchmarkReturns as of 03/31/2017Month End YTD
as of
03/31/2017
Average Annual Total
Returns as of 03/31/2017
1 Month3 Month1 Year3 Year5 Year10 Year
Tax-Managed Balanced Compos. Index0.13%3.78%3.78% 8.57%6.58%8.08%6.43%
US Gov't Money Market Funds Average0.01%0.03% 0.03%0.05%0.02%0.01%0.50%
Wellesley Income Composite Index–0.22% 1.81%1.81%6.31%5.94%6.88%6.00%
Wellington Composite Index0.02%4.27%4.27% 11.42%7.99%9.85%6.82%

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