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	3/1/21 to 5/31/21	8.77%
1 Year	6/1/20 to 5/31/21	44.81%
3 Years	6/1/18 to 5/31/21	15.82%
5 Years	6/1/16 to 5/31/21	15.41%
10 Years	6/1/11 to 5/31/21	12.19%

Unit Value

June 2021: $132.098

Unit Value Historical Data

Asset Allocation

as of April 30, 2021

$18,615 Million

Asset	Allocation	in Millions
Domestic Equity-Passive Core	59.9%	$11,208
International Equity-Active	20.2%	$3,726
Domestic Active Management	11.9%	$2,264
Domestic Equity-Defensive Strategy	7.7%	$1,388

^Short-term holdings of $54 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.