Diversified Equity Fund

The Diversified Equity Fund invests primarily in the stocks of U.S. companies, and also invests a portion of its assets in stocks of non-U.S. companies and other types of investments. The objective is to achieve a rate of return comparable to the return of the broad equity market.

Investment Returns

Returns shown for 1 Year, 3 Years, 5 Years, and 10 Years are annualized.

Quarter	6/1/21 to 8/31/21	4.75%
1 Year	9/1/20 to 8/31/21	32.28%
3 Years	9/1/18 to 8/31/21	15.51%
5 Years	9/1/16 to 8/31/21	15.54%
10 Years	9/1/11 to 8/31/21	13.85%

Unit Value

September 2021: $137.028

Unit Value Historical Data

Asset Allocation

as of May 31, 2021

$18,841 Million

Asset	Allocation	in Millions
Domestic Equity-Passive Core	59.8%	$11,260
International Equity-Active	20.4%	$3,846
Domestic Active Management	12.2%	$2,306
Domestic Equity-Defensive Strategy	7.4%	$1,393

^Short-term holdings of $54 million (less than 0.1% of the fund) are not reflected in the table.

Benchmark Comparison

For benchmark comparison information, please access the Fund Profiles booklet.