Page 314 - DCAC February 2024 Files

Annualized Periods Ended December 31, 2023
Calendar Year Returns
Investment Returns Over Time
2022 20 yrs 10 yrs 7 yrs 5 yrs 3 yrs 1 yr 2018 2019 2020 2021 8.5 10.0 10.7 14.1 13.1 22.2 ‐9.0 31.9 1.4 24.9 ‐5.2 9.7 12.0 13.4 15.7 10.0 26.3 ‐4.4 31.5 18.4 28.7 ‐18.1 10.5 13.4 15.3 16.2 6.6 30.0 0.0 31.1 33.5 32.0 ‐29.4 9.3 8.3 7.8 11.2 8.4 12.7 ‐12.3 27.1 5.0 28.3 ‐12.0 9.8 9.4 10.1 12.7 5.9 17.2 ‐9.1 30.5 17.1 22.6 ‐17.3 10.2 10.

Periods Ended December 31, 2023 YTD QTD 22.2 13.6 26.3 11.7 30.0 10.1 12.7 12.1 17.2 12.8 25.9 14.5 14.6 15.3 16.9 14.0 18.7 12.7 19.0 8.2 18.2 10.4 17.6 12.7 9.8 7.9 5.5 6.8 4.3 2.6 4.3 5.2 3.4 2.3 13.3 2.9 13.5 7.1 6.4 3.4 4.4 1.9 ‐7.9 ‐4.6 14.0 6.5 11.6 15.7 -12.0 -4.8 Developed Property TR, Direct Real Estate (Current Quarter, YTD, and Annualized

Broad Market Indices Domestic Equities Large Cap Value Stocks Large Cap Core Stocks Large Cap Growth Stocks Mid Cap Value Stocks Mid Cap Core Stocks Mid Cap Growth Stocks Small Cap Value Stocks Small Cap Core Stocks Small Cap Growth Stocks International Equities Developed International Value Stocks Developed International Core Stocks Developed International Growth Stocks Emerging Markets Stoc