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	8/1/18 to 10/31/18	(5.19%)
1 Year	11/1/17 to 10/31/18	2.78%
3 Years	11/1/15 to 10/31/18	9.20%
5 Years	11/1/13 to 10/31/18	8.49%
10 Years	11/1/08 to 10/31/18	11.71%

Unit Value

December 2018: $93.484

Unit Value Historical Data

Asset Allocation

as of December 31, 2017

$15,210 Million^

Asset	Allocation	in Millions
Domestic Equity-Passive Core	58.1%	$8,838
International Equity-Active	19.4%	$2,952
Domestic Active Management	12.2%	$1,851
Domestic Equity-Defensive Strategy	10.0%	$1,524

^Short-term holdings of $45 million (less than 0.3% of the fund) are not reflected in the table.

Benchmark Comparison

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