Page 33 - MayDefComp

Fixed Income Returns

as of 3/31/2019

MSCI Indexes: Total Net Return as of 03/31/2019
Fixed Income Returns * 3 Year, 5 Year, and 10 year returns are annualized

1-Year 3-Year* 5-Year* 10-Year* Duration YTM
1Q 2019

2.94 U.S. Aggregate 4.48 2.03 2.74 3.77 5.82 2.93
2.94

2.11 U.S. Treasury 4.22 1.04 2.16 2.43 6.21 2.38

2.11

1.81 U.S. Agency 3.73 1.52 2.03 2.27 5.49 3.00
1.81

2.17 U.S. Mortgage Backed Securities 4.42 1.77 2.65 3.11 4.03 3.08
2.17

1.48

1.48 U.S. Asset Backed Securities 3.68 1.83 1.89 3.95 2.15 2.70

3.23 U.S. Commercial Mortgage Backed 5.54 2.56 2.99 8.04 5.16 3.10
3.23 Securities

5.14 U.S. Corp. Investment Grade
5.14 4.94 3.64 3.72 6.66 7.42 3.63

7.26 High Yield
7.26 5.93 8.56 4.68 11.26 3.42 6.43
QTD

YTD

Source: Morningstar, 03/31/2019. 3Q 2018 Chart, Annual Returns
Bloomberg, 03/31/2019. Duration and YTM
Past performance does not guarantee future results.