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	4/1/20 to 6/30/20	20.69%
1 Year	7/1/19 to 6/30/20	2.44%
3 Years	7/1/17 to 6/30/20	7.15%
5 Years	7/1/15 to 6/30/20	7.62%
10 Years	7/1/10 to 6/30/20	11.51%

Unit Value

July 2020: $96.973

Unit Value Historical Data

Asset Allocation

as of May 31, 2020

$13,889 Million^

Asset	Allocation	in Millions
Domestic Equity-Passive Core	59.6%	$8,279
International Equity-Active	19.1%	$2,654
Domestic Equity-Defensive Strategy	10.6%	$1,464
Domestic Active Management	10.3%	$1,436

^Short-term holdings of $56 million (less than 0.4% of the fund) are not reflected in the table.

Benchmark Comparison

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