Page 280 - DCAC Feb 2026 Files
P. 280
The Markets
US Large Cap US Small Cap Developed Emerging Core Fixed Municipal Fixed Blended 70/30
Stocks Stocks International Markets Stocks Income Income Portfolio
Stocks
35.0% 33.6%
31.2%
30.0%
25.0%
20.0%
17.9% 17.7%
15.0%
12.8%
10.0%
7.3%
4.9% 4.7% 5.0%
5.0%
2.7% 2.6%
2.2%
1.1%
0.5%
0.0%
4Q25 YTD
Returns for US Large Cap Stocks = S&P 500 TR, US Small Cap Stocks = Russell 2000 TR, Developed International Stocks = MSCI EAFE NR, Emerging Markets Stocks = MSCI EM NR, Core Fixed Income = Bloomberg US Agg Bond TR, Municipal Fixed
Income = Bloomberg Municipal 5yr 4-6 TR, Blended 70/30 Portfolio = 70% MSCI ACWI NR All-Cap Index, 30% Bloomberg US Agg Bond
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