Fund Performance
The actual net returns for each of the Funds as of March 31, 2019:
| Monthly | Quarter-to-Date | Year-to-Date | Trailing 12 Months |
|
| Equity Fund | 0.60% | 11.58% | 11.58% | –% |
| Balanced | 0.75% | 8.10% | 8.10% | –% |
| Bond | 0.79% | 2.31% | 2.31% | –% |
| Short-Term Income Fund | 0.98% | 1.73% | 1.73% | –% |
The benchmark average annual gross returns for each of the Funds as of March 31, 2019:
| Monthly | Quarter-to-Date | Year-to-Date | Trailing 12 Months |
|
| Equity Fund 1 | 0.79% | 12.23% | 12.23% | –% |
| Balanced 2 | 1.00% | 8.72% | 8.72% | –% |
| Bond 3 | 1.33% | 3.54% | 3.54% | –% |
| Short-Term Income Fund 4 | 0.62% | 0.99% | 0.99% | –% |
The average annual net returns (2014-2018):
| 1 Year | 3 Year | 5 Year | |
| Equity Fund | -10.78% | 5.24% | 3.86% |
| Balanced Fund | -7.46% | 3.41% | 2.54% |
| Bond | -1.00% | 0.18% | 0.46% |
| Short-Term Income Fund | 0.96% | 2.76% | 0.92% |
The benchmark average annual returns (2014-2018):
| 1 Year | 3 Year | 5 Year | |
| Equity Fund 1 | -9.16% | 6.70% | 5.02% |
| Balanced Fund 2 | -5.42% | 5.06% | 3.96% |
| Bond 3 | 0.18% | 2.60% | 2.37% |
| Short-Term Income Fund 4 | 1.58% | 0.96% | 0.82% |
1 MSCI EAFE / 40% S&P 500 / 20% S&P 1000
2 MSCI EAFE / 24% S&P 500 / 12% S&P 1000 / 75% Barclay’s Government Credit / 10% ML US High Yield BB 1-10 yr.
3 75% Barclay’s Government Credit / 25% ML US High Yield BB 1-10 yr.
4 Barclay’s 1-3 yr Gov Index
| Balanced Fund Equity | % of Allocations | Balanced Fund Bond | Balanced Portfolio Bond Characteristics | ||
| Large Cap | 33.52% | Sector | % of Portfolio | Duration | 2.6 |
| Mid Cap | 16.05% | Treasury | 14.08 | Average Credit Quality | BBB+ |
| Small Cap | 5.32% | Corporate (IG) | 56.50% | ||
| International | 44.73% | Corporate (HY) | 25.51% | ||
| Cash | 0.38% | Mortgages | 0.01% | ||
| Cash | 3.90% | ||||
Bond Fund Asset Allocation
| Cash | 4.57% |
| Investment Grade | 59.04% |
| High Yield | 24.76% |
| Treasury | 11.63% |