Page 385 - DCAC Feb 2026 Files

SAGIC Core Bond I 12/31/25
FUND INFORMATION PEER GROUP ANALYSIS - IM U.S. GIC/Stable Value (SA+CF) RISK VS. RETURN (5 YEARS*)
Firm and Management: 10.0 3.5
Mass Mutual is a Massachusettes
based life insurance company that
specialises in Stable value solutions. 8.0
The portfolio is managed by Jack 3.0
Brown.
Investment Strategy:
The Core Bond I invests in a diversified 6.0 2.5
portfolio of primarily investment-grade
fixed income securities, with the Return (%)
potential of up to 25% of assets in Return 4.0
below investment-grade debt securities. 2.0
The portfolio manager uses a core-plus
fixed income strategy to seek a 2.0
superior total rate of return by investing 1.5
in securities with attractive yields,
including, but not limited to, corporate, 0.0
U.S. government and agency, foreign
issuers, and private placement bonds, 1.0
and mortgage-backed and other asset- -2.0 0.0 2.0 4.0 6.0
backed securities. The portfolio’s core- -2.0 Risk (Standard Deviation %)
plus fixed income strategy may hold a Last Year 1 3 5 7 10
substantial position in securities in Quarter To Date Year Years Years Years Years Return Standard
sectors not represented by its ¢ £ SAGIC Core Bond I 0.79 (58) 3.20 (55) 3.20 (55) 3.16 (33) 2.81 (23) 2.85 (10) N/A Deviation
benchmark index, the Bloomberg ˜  Morningstar US CIT Stable Value GR USD 0.79 (58) 3.10 (60) 3.10 (60) 2.99 (48) 2.52 (52) 2.48 (68) 2.33 (67) ¢ £ SAGIC Core Bond I 2.81 0.25
Barclays U.S. Aggregate Bond Index. ˜  Morningstar US CIT Stable Value GR USD 2.52 0.30
The portfolio seeks to identify the most Median 2.53 0.28
attractively priced sectors and Median 0.80 3.23 3.23 2.97 2.53 2.58 2.43 ¾
securities, with the belief that current
income is the primary determinant of
total return over intermediate- and long- CALENDAR YEAR RETURNS AND PERCENTILE RANKINGS
term time horizons. The portfolio’s core
fixed income strategy will mainly hold 2024 2023 2022 2021 2020 2019 2018
securities in sectors represented by its SAGIC Core Bond I 3.23 (33) 3.06 (33) 2.45 (4) 2.13 (7) 2.74 (9) 3.13 (11) 3.34 (1)
benchmark index, the Bloomberg Morningstar US CIT Stable Value GR USD 3.03 (52) 2.86 (45) 1.88 (64) 1.74 (57) 2.24 (52) 2.51 (66) 2.23 (50)
Barclays U.S. Aggregate Bond Index. IM U.S. GIC/Stable Value (SA+CF) Median 3.05 2.82 1.95 1.77 2.25 2.56 2.21
Innovest Assessment:
The product is intended to serve as a
preservation of capital and will provide ROLLING 3 YEAR RETURNS AND PERCENTILE RANKINGS
consistent returns in the menu. While
the fund is not expected the generate 3 3 3 3 3 3 3
significant returns, It is expected to Years Years Years Years Years Years Years
generally lag money market funds in a Ending Ending Ending Ending Ending Ending Ending
rising interest rate environment, and Dec-2025 Dec-2024 Dec-2023 Dec-2022 Dec-2021 Dec-2020 Dec-2019
subsequently outperform money market SAGIC Core Bond I 3.16 (33) 2.91 (25) 2.54 (6) 2.44 (5) 2.66 (10) 3.07 (9) 3.20 (2)
in a falling interest rate environment. Morningstar US CIT Stable Value GR USD 2.99 (48) 2.59 (52) 2.16 (64) 1.96 (50) 2.16 (54) 2.33 (61) 2.23 (59)
The fund is typically for investors IM U.S. GIC/Stable Value (SA+CF) Median 2.97 2.60 2.17 1.95 2.26 2.39 2.26
looking for low volatility, stable principal
values and returns commensurate with
a capital preservation objective and
long term retirement investing.

*If less than 5 years, data is since inception of fund share class.

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