Page 77 - DeferredComp-Feb2018

erest rate risk. Neither the bond investment nor its yield is guaranteed by the U.S.

nd risk of loss of income and principal than lower-yielding debt securities

he benchmark index itself is unmanaged and does not incur fees or expenses and

and the market may not recognize the intrinsic value of these securities.
to market fluctuations and dependence on future earnings expectations.
mid caps”) may be subject to special risks given their characteristic narrow
price volatility.
nd currency fluctuations. These risks are heightened in emerging markets.
on portfolio investments have a higher than average risk exposure. Investors should

s of those underlying investments in addition to those of the investment itself.
S. government bonds with one to three years remaining to the scheduled payment

stment-grade securities with at least one year to maturity, combining the Barclays
e Barclays U.S. Corporate Bond Index, and the Barclays U.S. Securitized Bond

s an unmanaged index that measures the broad performance of U.S. Treasury

te, non-investment-grade debt from corporate sectors.