Page 61 - MayDefComp

Market Overview 3/31/2021

Financial Market Snapshot

U.S. EQUITY RISK/RETURN (3-Year)
25
The broad U.S. equity market, as measured by the Russell 3000
Index, was up 6.35% for the last three months.
20
Value stocks (Russell 1000 Value: 11.26%) outperformed growth
Annualized Return (%)
stocks (Russell 1000 Growth: 0.94%) by 10.32%.

FIXED INCOME 15

The broad U.S. fixed income market returned a negative 3.37% 10
(Bloomberg Barclays U.S Aggregate) for the quarter.

INTERNATIONAL 5

Developed international equity underperformed U.S. equity by a
small margin, returning a positive 3.6% in the last three months 0
(MSCI EAFE). 0 5 10 15 20 25 30
Annualized Standard Deviation (%)

INDEX PERFORMANCE SUMMARY (Sorted by trailing 3Yr performance) 3M YTD 1 Year 3 Years 5 Years 10 Years
Equity
Russell 1000 Growth 0.94 0.94 62.74 22.80 21.05 16.63
Russell 2000 Growth 4.88 4.88 90.20 17.16 18.61 13.02
Russell 3000 6.35 6.35 62.53 17.12 16.64 13.79
S&P 500 6.17 6.17 56.35 16.78 16.29 13.91
Russell 2000 Value 21.17 21.17 97.05 11.57 13.56 10.06
Russell 1000 Value 11.26 11.26 56.09 10.96 11.74 10.99
International
MSCI The World 5.04 5.04 54.76 13.42 13.98 10.50
MSCI Emg Markets 2.34 2.34 58.92 6.87 12.48 4.02
MSCI EAFE 3.60 3.60 45.15 6.54 9.37 6.02
Fixed Income
BB High Yield Corp Bond 0.85 0.85 23.72 6.84 8.06 6.48
BB Muni 7-Year Bond -0.54 -0.54 5.59 4.71 3.05 3.86
BB Aggregate Bond -3.37 -3.37 0.71 4.65 3.10 3.44
Citi WorldBIG -4.69 -4.69 3.99 2.82 2.64 2.27
BB Global Agg Bond -4.46 -4.46 4.67 2.80 2.66 2.23
ML 3-Month T-Bill 0.03 0.03 0.12 1.49 1.19 0.63

Past performance is no guarantee of future results. Rankings provided based on total returns. Performance quoted for mutual funds may include performance of a predecessor
fund/share class prior to the share class commencement of operations.

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