Balanced Fund

The Balanced Fund is a moderately conservative investment option that includes exposure to bonds and stocks. The objective is to seek current income and some capital appreciation. The Balanced Fund began as of January 1, 2018 and was preceded by the Bond Fund from 2012-2017 and the Stable-Value Fund before 2012.

Investment Returns

The Balanced Fund began as of January 1, 2018, so some historical returns are not yet available. Historical investment performance for the Bond Fund is available in a separate table.

Quarter 12/1/19 to 2/29/20 (0.35%)

1 Year 3/1/19 to 2/29/20 5.49%

3 Years 3/1/17 to 2/29/20 N/A

5 Years 3/1/15 to 2/29/20 N/A

10 Years 3/1/10 to 2/29/20 N/A

Unit Value

July 2020: $16.302
Unit Value Historical Data

Asset Allocation

as of December 31, 2019

$420 Million

Asset Allocation in Millions

Vanguard - Fixed Income Securities (Bonds) 68.1% $286

Vanguard - Domestic Equity 31.2% $131

Short Term Controlled by TRS 0.7% $3

Asset	Allocation	in Millions
Vanguard - Fixed Income Securities (Bonds)	68.1%	$286
Vanguard - Domestic Equity	31.2%	$131
Short Term Controlled by TRS	0.7%	$3

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

Quarter	12/1/19 to 2/29/20	(0.35%)
1 Year	3/1/19 to 2/29/20	5.49%
3 Years	3/1/17 to 2/29/20	N/A
5 Years	3/1/15 to 2/29/20	N/A
10 Years	3/1/10 to 2/29/20	N/A

July 2020: $16.302 Unit Value Historical Data

as of December 31, 2019 $420 Million Asset Allocation in Millions Vanguard - Fixed Income Securities (Bonds) 68.1% $286 Vanguard - Domestic Equity 31.2% $131 Short Term Controlled by TRS 0.7% $3

July 2020: $16.302
Unit Value Historical Data

as of December 31, 2019

$420 Million

Asset Allocation in Millions

Vanguard - Fixed Income Securities (Bonds) 68.1% $286

Vanguard - Domestic Equity 31.2% $131

Short Term Controlled by TRS 0.7% $3