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25 Year Average  17.2                                 1.92













                                               17.0  1.99
                       S&P 500 Index: Forward P/E Ratio
                                        Latest                                                                                             reinvestment of dividends, and cannot be purchased directly by investors.  Index performance is shown for illustrative purposes only and does not predict or depict







                                        Description  Forward P/E  Dividend Yield                                                        Source: Bloomberg, 03/31/2020.  The S&P 500 Index is a broad-based measure of domestic stock market performance.  The index is unmanaged, includes the









                                       Valuation   Mesaure   P/E  Div. Yield                                                                 the performance of any particular investment.  Past performance does not guarantee future results.


















                            as of 03/31/2020
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