Pricing & Performance

*Morningstar® Ratings as of

Allocation--15% to 30% Equity

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
0.01 0.01 NA NA
0.07 0.07 NA NA
10.98 10.98 9.46 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
6.00 5.95 - -
5.61 4.80 - -
3.63 3.64 - -
9.03 7.92 - -
10.01 9.89 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
0.66
0.74

Morningstar Rating

Category: Allocation--15% to 30% Equity
4 stars 4 stars
184 funds
3 stars 3 stars
155 funds
5 stars 5 stars
86 funds
4 stars 4 stars
184 funds

Diversified Emerging Markets

Fund Name / Symbol

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
0.00 0.00 NA NA
0.00 0.00 NA NA
15.84 15.84 15.84 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
-4.19 -4.42 - -
9.73 6.58 - -
- - - -
- - - -
2.67 2.01 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
1.08
1.23

Morningstar Rating

Category: Diversified Emerging Markets
3 stars 3 stars
708 funds
N/A N/A
N/A N/A
3 stars 3 stars
708 funds

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
0.00 0.00 NA NA
0.00 0.00 NA NA
6.88 6.88 9.84 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
-6.22 -7.97 - -
8.44 4.07 - -
1.06 -0.88 - -
4.74 3.10 - -
7.88 7.50 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
1.08
1.24

Morningstar Rating

Category: Diversified Emerging Markets
2 stars 2 stars
708 funds
2 stars 2 stars
565 funds
2 stars 2 stars
242 funds
2 stars 2 stars
708 funds

Foreign Large Blend

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
-0.03 -0.03 NA NA
-0.25 -0.25 NA NA
13.02 13.02 14.79 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
-1.58 -6.38 - -
7.39 4.36 - -
1.93 1.32 - -
6.86 5.22 - -
3.82 3.57 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
0.73
0.83

Morningstar Rating

Category: Foreign Large Blend
2 stars 2 stars
610 funds
3 stars 3 stars
487 funds
4 stars 4 stars
365 funds
3 stars 3 stars
610 funds
Fund Name / Symbol

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
-0.04 -0.04 NA NA
-0.40 -0.40 NA NA
9.64 9.64 12.49 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
-0.49 -7.29 - -
8.46 4.50 - -
- - - -
- - - -
6.81 4.70 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
0.64
0.74
N/A

Morningstar Rating

Category: Foreign Large Blend
3 stars 3 stars
610 funds
N/A N/A
N/A N/A
3 stars 3 stars
610 funds
Fund Name / Symbol

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
-0.03 -0.03 NA NA
-0.29 -0.29 NA NA
13.24 13.24 13.90 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
1.18 -3.23 - -
8.66 5.62 - -
1.95 1.61 - -
- - - -
4.59 4.08 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
0.30
0.33
N/A

Morningstar Rating

Category: Foreign Large Blend
3 stars 3 stars
610 funds
3 stars 3 stars
487 funds
N/A N/A
3 stars 3 stars
610 funds

Foreign Large Growth

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
-0.04 -0.04 NA NA
-0.28 -0.28 NA NA
19.22 19.22 19.97 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
-3.91 -5.68 - -
8.17 5.57 - -
3.17 2.25 - -
7.17 5.42 - -
5.58 5.27 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
0.79
0.95

Morningstar Rating

Category: Foreign Large Growth
2 stars 2 stars
399 funds
2 stars 2 stars
343 funds
2 stars 2 stars
250 funds
2 stars 2 stars
399 funds

Foreign Small/Mid Blend

Fund Name / Symbol

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
-0.02 -0.02 NA NA
-0.18 -0.18 NA NA
16.74 16.74 16.41 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
-5.06 -7.20 - -
9.56 7.06 - -
4.49 4.42 - -
- - - -
4.53 3.89 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
1.07
1.07
N/A

Morningstar Rating

Category: Foreign Small/Mid Blend
4 stars 4 stars
91 funds
5 stars 5 stars
69 funds
N/A N/A
5 stars 5 stars
91 funds

Global Real Estate

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
-0.15 -0.15 NA NA
-1.42 -1.42 NA NA
19.77 19.77 16.82 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
10.89 11.06 - -
7.08 7.16 - -
6.70 6.73 - -
12.67 11.12 - -
4.49 4.63 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
0.88
0.94
N/A

Morningstar Rating

Category: Global Real Estate
4 stars 4 stars
204 funds
5 stars 5 stars
162 funds
5 stars 5 stars
115 funds
4 stars 4 stars
204 funds

High Yield Bond

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
0.00 0.00 NA NA
0.00 0.00 NA NA
11.68 11.68 9.97 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
5.75 5.08 - -
6.84 5.83 - -
4.18 4.39 - -
8.14 7.54 - -
7.23 7.22 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
0.52
0.52
N/A

Morningstar Rating

Category: High Yield Bond
4 stars 4 stars
615 funds
4 stars 4 stars
532 funds
3 stars 3 stars
343 funds
4 stars 4 stars
615 funds

Intermediate Core-Plus Bond

Fund Name / Symbol

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
0.02 0.02 NA NA
0.21 0.21 NA NA
7.86 7.86 6.12 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
7.03 9.27 - -
3.38 3.98 - -
3.08 3.54 - -
5.16 4.94 - -
7.28 7.32 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
0.48
0.48
N/A

Morningstar Rating

Category: Intermediate Core-Plus Bond
4 stars 4 stars
536 funds
4 stars 4 stars
448 funds
4 stars 4 stars
329 funds
4 stars 4 stars
536 funds

Large Growth

Fund Name / Symbol

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
-0.01 -0.01 NA NA
-0.06 -0.06 NA NA
25.10 25.10 22.30 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
13.23 7.34 - -
21.05 19.77 - -
14.29 14.03 - -
17.01 16.14 - -
6.78 6.80 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
0.59
0.61

Morningstar Rating

Category: Large Growth
5 stars 5 stars
1236 funds
5 stars 5 stars
1110 funds
5 stars 5 stars
819 funds
5 stars 5 stars
1236 funds
Fund Name / Symbol

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
-0.02 -0.02 NA NA
-0.08 -0.08 NA NA
29.54 29.54 26.08 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
18.73 13.22 - -
21.35 19.72 - -
14.96 15.25 - -
- - - -
17.08 17.00 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
0.57
0.67

Morningstar Rating

Category: Large Growth
5 stars 5 stars
1236 funds
5 stars 5 stars
1110 funds
N/A N/A
5 stars 5 stars
1236 funds

Mid Cap Blend

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
-0.06 -0.06 NA NA
-0.30 -0.30 NA NA
18.87 18.87 17.93 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
1.24 -6.51 - -
10.60 7.80 - -
7.51 6.75 - -
13.92 12.17 - -
8.32 8.06 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
0.16
0.16
N/A

Morningstar Rating

Category: Mid Cap Blend
3 stars 3 stars
363 funds
4 stars 4 stars
308 funds
3 stars 3 stars
227 funds
3 stars 3 stars
363 funds
Fund Name / Symbol

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
-0.02 -0.02 NA NA
-0.13 -0.13 NA NA
25.92 25.92 19.58 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
6.35 2.56 - -
11.31 10.22 - -
- - - -
- - - -
13.94 13.52 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
0.66
0.76

Morningstar Rating

Category: Mid Cap Blend
4 stars 4 stars
363 funds
N/A N/A
N/A N/A
4 stars 4 stars
363 funds

Mid Cap Growth

Fund Name / Symbol

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
-0.04 -0.04 NA NA
-0.13 -0.13 NA NA
36.15 36.15 30.40 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
18.21 15.50 - -
17.26 16.54 - -
12.35 12.41 - -
17.07 16.16 - -
10.61 10.66 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
0.59
0.59
N/A

Morningstar Rating

Category: Mid Cap Growth
4 stars 4 stars
538 funds
5 stars 5 stars
487 funds
5 stars 5 stars
372 funds
5 stars 5 stars
538 funds

Mid Cap Value

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
-0.09 -0.09 NA NA
-0.60 -0.60 NA NA
18.97 18.97 14.68 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
-1.36 -7.54 - -
9.57 6.31 - -
6.87 6.57 - -
- - - -
10.71 10.20 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
0.90
0.90
N/A

Morningstar Rating

Category: Mid Cap Value
3 stars 3 stars
368 funds
4 stars 4 stars
329 funds
N/A N/A
4 stars 4 stars
368 funds

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
-0.01 -0.01 NA NA
-0.07 -0.07 NA NA
20.83 20.83 18.21 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
4.69 -2.24 - -
9.86 7.71 - -
6.08 5.24 - -
13.53 11.66 - -
9.31 9.06 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
0.63
0.65

Morningstar Rating

Category: Mid Cap Value
4 stars 4 stars
368 funds
3 stars 3 stars
329 funds
4 stars 4 stars
227 funds
4 stars 4 stars
368 funds

Multialternative

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
0.01 0.01 NA NA
0.09 0.09 NA NA
6.02 6.02 5.62 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
3.01 2.28 - -
3.26 2.88 - -
2.33 2.31 - -
- - - -
3.20 3.18 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
2.09
2.14

Morningstar Rating

Category: Multialternative
3 stars 3 stars
259 funds
4 stars 4 stars
172 funds
N/A N/A
4 stars 4 stars
259 funds

Preferred Stock

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
0.01 0.01 NA NA
0.10 0.10 NA NA
12.99 12.99 10.22 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
7.22 8.12 - -
5.60 5.39 - -
5.21 5.42 - -
9.41 8.62 - -
6.10 6.17 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
0.71
0.71
N/A

Morningstar Rating

Category: Preferred Stock
4 stars 4 stars
53 funds
3 stars 3 stars
41 funds
4 stars 4 stars
18 funds
4 stars 4 stars
53 funds

Real Estate

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
-0.29 -0.29 NA NA
-1.04 -1.04 NA NA
28.72 28.72 21.08 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
14.64 17.43 - -
6.31 8.17 - -
9.20 9.75 - -
15.76 13.87 - -
11.19 11.40 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
0.83
0.83
N/A

Morningstar Rating

Category: Real Estate
4 stars 4 stars
223 funds
4 stars 4 stars
198 funds
5 stars 5 stars
136 funds
5 stars 5 stars
223 funds

Small Blend

Fund Name / Symbol

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
-0.10 -0.10 NA NA
-0.44 -0.44 NA NA
20.41 20.41 19.78 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
-3.14 -11.42 - -
11.70 8.38 - -
6.74 6.63 - -
13.79 12.21 - -
8.31 8.03 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
0.77
0.80
N/A

Morningstar Rating

Category: Small Blend
4 stars 4 stars
639 funds
4 stars 4 stars
516 funds
4 stars 4 stars
368 funds
4 stars 4 stars
639 funds

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
-0.16 -0.16 NA NA
-0.63 -0.63 NA NA
15.97 15.97 13.62 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
-4.99 -15.09 - -
11.68 8.14 - -
7.90 7.49 - -
14.27 12.51 - -
9.12 8.84 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
0.16
0.16
N/A

Morningstar Rating

Category: Small Blend
4 stars 4 stars
639 funds
4 stars 4 stars
516 funds
5 stars 5 stars
368 funds
5 stars 5 stars
639 funds

Small Growth

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
-0.06 -0.06 NA NA
-0.43 -0.43 NA NA
26.26 26.26 29.11 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
9.39 -2.39 - -
19.68 15.79 - -
11.53 11.16 - -
16.87 15.51 - -
7.18 6.94 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
1.00
1.09

Morningstar Rating

Category: Small Growth
4 stars 4 stars
584 funds
4 stars 4 stars
521 funds
4 stars 4 stars
399 funds
4 stars 4 stars
584 funds

Small Value

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
-0.04 -0.04 NA NA
-0.38 -0.38 NA NA
17.80 17.80 15.57 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
-4.52 -12.41 - -
8.48 4.74 - -
5.12 4.44 - -
12.96 10.74 - -
7.62 7.25 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
1.01
1.05

Morningstar Rating

Category: Small Value
4 stars 4 stars
380 funds
4 stars 4 stars
338 funds
4 stars 4 stars
233 funds
4 stars 4 stars
380 funds

Target-Date 2015

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
0.00 0.00 NA NA
0.00 0.00 NA NA
11.29 11.29 10.01 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
5.44 3.44 - -
6.40 5.72 - -
- - - -
- - - -
5.20 5.12 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
0.38
0.56
N/A

Morningstar Rating

Category: Target-Date 2015
3 stars 3 stars
99 funds
N/A N/A
N/A N/A
3 stars 3 stars
99 funds

Target-Date 2020

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
0.00 0.00 NA NA
0.00 0.00 NA NA
12.45 12.45 11.18 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
5.36 2.51 - -
7.19 6.28 - -
- - - -
- - - -
5.81 5.62 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
0.38
0.44
N/A

Morningstar Rating

Category: Target-Date 2020
3 stars 3 stars
202 funds
N/A N/A
N/A N/A
3 stars 3 stars
202 funds

Target-Date 2025

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
0.00 0.00 NA NA
0.00 0.00 NA NA
13.64 13.64 12.38 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
5.17 1.70 - -
7.86 6.71 - -
- - - -
- - - -
6.32 6.04 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
0.38
0.44
N/A

Morningstar Rating

Category: Target-Date 2025
2 stars 2 stars
188 funds
N/A N/A
N/A N/A
2 stars 2 stars
188 funds

Target-Date 2030

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
0.00 0.00 NA NA
0.00 0.00 NA NA
14.77 14.77 13.42 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
4.99 0.98 - -
8.56 7.21 - -
- - - -
- - - -
6.75 6.40 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
0.39
0.43
N/A

Morningstar Rating

Category: Target-Date 2030
2 stars 2 stars
198 funds
N/A N/A
N/A N/A
2 stars 2 stars
198 funds

Target-Date 2035

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
-0.01 -0.01 NA NA
-0.08 -0.08 NA NA
15.89 15.89 14.46 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
5.09 0.51 - -
9.27 7.79 - -
- - - -
- - - -
7.20 6.80 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
0.40
0.47
N/A

Morningstar Rating

Category: Target-Date 2035
3 stars 3 stars
185 funds
N/A N/A
N/A N/A
3 stars 3 stars
185 funds

Target-Date 2040

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
-0.01 -0.01 NA NA
-0.08 -0.08 NA NA
16.57 16.57 15.14 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
4.86 -0.16 - -
9.72 8.04 - -
- - - -
- - - -
7.50 7.03 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
0.41
0.47
N/A

Morningstar Rating

Category: Target-Date 2040
3 stars 3 stars
198 funds
N/A N/A
N/A N/A
3 stars 3 stars
198 funds

Target-Date 2045

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
-0.02 -0.02 NA NA
-0.16 -0.16 NA NA
16.97 16.97 15.55 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
4.59 -0.68 - -
10.03 8.24 - -
- - - -
- - - -
7.62 7.11 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
0.42
0.57
N/A

Morningstar Rating

Category: Target-Date 2045
3 stars 3 stars
185 funds
N/A N/A
N/A N/A
3 stars 3 stars
185 funds

Target-Date 2050

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
-0.02 -0.02 NA NA
-0.16 -0.16 NA NA
17.42 17.42 16.00 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
4.43 -1.12 - -
10.26 8.38 - -
- - - -
- - - -
7.82 7.27 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
0.42
0.62
N/A

Morningstar Rating

Category: Target-Date 2050
3 stars 3 stars
198 funds
N/A N/A
N/A N/A
3 stars 3 stars
198 funds

Target-Date 2055

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
-0.02 -0.02 NA NA
-0.16 -0.16 NA NA
17.76 17.76 16.35 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
4.34 -1.53 - -
10.47 8.50 - -
- - - -
- - - -
7.94 7.36 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
0.43
1.21
N/A

Morningstar Rating

Category: Target-Date 2055
3 stars 3 stars
183 funds
N/A N/A
N/A N/A
3 stars 3 stars
183 funds

Target-Date 2060+

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
-0.02 -0.02 NA NA
-0.16 -0.16 NA NA
17.94 17.94 16.54 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
4.22 -1.70 - -
10.61 8.62 - -
- - - -
- - - -
8.06 7.45 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
0.43
2.78
N/A

Morningstar Rating

Category: Target-Date 2060+
2 stars 2 stars
130 funds
N/A N/A
N/A N/A
2 stars 2 stars
130 funds

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
-0.02 -0.02 NA NA
-0.18 -0.18 NA NA
22.32 22.32 20.86 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
4.30 -1.60 - -
- - - -
- - - -
- - - -
7.05 5.67 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
0.42
1.57
N/A

Morningstar Rating

Category: Target-Date 2060+
N/A N/A
N/A N/A
N/A N/A
N/A N/A

Target-Date Retirement

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
0.00 0.00 NA NA
0.00 0.00 NA NA
9.10 9.10 7.99 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
5.73 5.19 - -
4.33 4.17 - -
- - - -
- - - -
3.92 4.00 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
0.37
0.67
N/A

Morningstar Rating

Category: Target-Date Retirement
2 stars 2 stars
153 funds
N/A N/A
N/A N/A
2 stars 2 stars
153 funds

World Allocation

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg
% Chg
% YTD
-0.01 -0.01 NA NA
-0.09 -0.09 NA NA
10.81 10.81 10.33 NA

Average Annual Total Returns (%)
(as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
0.65 -0.68 - -
4.14 3.37 - -
-0.58 -0.89 - -
- - - -
3.77 3.54 - -

Fund Expenses

Net Expense
Gross Expense
Contractual Cap
Waiver Exp. Date
0.79
0.82

Morningstar Rating

Category: World Allocation
2 stars 2 stars
392 funds
1 stars 1 stars
317 funds
N/A N/A
2 stars 2 stars
392 funds

Disclosures

An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The Fund's sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time

Not FDIC Insured
May Lose Value - Not a Deposit - No Bank Guarantee

Not Insured by any Federal Government Agency

Investors should carefully consider a fund's investment objectives, risks, charges, and expenses prior to investing.

Investment results shown represent historical performance and do not guarantee future results. Your mutual fund's returns and principal values will fluctuate with changes in interest rates and other market conditions so the value, when redeemed, may be worth more or less than original costs. Current performance may be lower or higher than the performance shown.

A Shares - Maximum up-front sales charges may apply. See the prospectus for details. Equity Funds, 5.5% (except LargeCap S&P 500 Index Fund, 1.5%); SAM Portfolios, 5.5% (except SAM Flexible Income Portfolio, 3.75%); Principal LifeTime Funds, 5.5% (except Principal LifeTime Strategic Income Fund, 3.75%); Specialty Funds, 3.75%; Fixed-Income Funds, 3.75% (except Income, Short-Term Income, and Government & High Quality Bond, 2.25%); Municipal Funds, 4.5%. Money Market does not have an up-front sales charge.

T Shares - Maximum up-front sales charges of 2.50% apply on all funds.

Principal Global Investors is the Investment Adviser of all funds included in the Principal Funds, Inc. Principal Funds are managed by Principal Global Investors, its boutique affiliates, and by many leading sub-advisors.

In situations where the net and gross fund expense figures are different, the investment manager has contractually agreed to limit the investment option's expense. Differences may also be shown due to the investment manager choosing to pay certain expenses that would normally be payable by the fund. The gross fund expense figure does not reflect any waivers or caps on the mutual fund. Performance shown reflects the application of net expenses of the fund.

See the Principal Funds, Inc. prospectus for the full name of each Fund.

Returns shown for periods of less than one year are not annualized.

Principal Funds Class P shares automatically converted to Institutional Class shares effective close of business June 23, 2017.

Money Market investment options are not guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although these Funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money.

Price The price, or net asset value is the value of mutual fund shares determined by deducting the fund's liabilities from the total assets of the portfolio and dividing this amount by the number of shares outstanding. This cannot be relied upon as today's offering price.

YTD at NAV % - Measured from January 1, 2018 to the most recent established NAV date. Returns include the reinvestment of dividends and capital gains distributions at NAV.

Average Annual Total Return at Maximum Offering Price (MOP) - The highest price that may be charged for purchases of fund shares, including the maximum contingent deferred sales charge or the maximum front end sales charge, whichever is applicable. Returns include the reinvestment of dividends and capital gains distributions at NAV as of previous month end or previous quarter end.

Morningstar Ratings are as of previous month end.

Since Inception return represents Average Annual Total Return at Maximum Offering Price (MOP) from Extended Performance Inception Date as of previous month end or previous quarter end.

Contingent Deferred Sales Charge (CDSC) - A deferred sales charge, which is paid at the time of redemption and generally decreases with the amount of time that fund shares are held before sale, ultimately declining to 0%. It is referred to as a contingent sales charge because of such declining schedule. The CDSC is also commonly called a back-end load. Performance displayed reflects the application of these charges.

The 7-Day Yield % more closely reflects the current earnings of this money market investment option than the total return displayed.

Morningstar Ratings do not reflect the inclusion of sales charges. If sales charges were reflected, rankings could be lower.

The Morningstar Rating™ for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Past performance does not guarantee future results. © 2019 Morningstar, Inc. All rights reserved. Part of the mutual fund data contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.


Footnotes

1 Small-cap and mid-cap investment options are subject to more fluctuation in value and may have additional risks than other investment options with stocks of larger, more stable companies.


2 Each index based investment option is invested in the stocks or bonds of the index it tracks. Performance of indexes reflects the unmanaged results for the market segment the selected stocks or bonds represent. There is no assurance an index based investment option will match the performance of the index tracked.


3 International and global investment options are subject to additional risk due to fluctuating exchange rates, foreign accounting and financial policies, and other economic and political environments.


4 High yield investment options are subject to greater credit risk and volatility that is associated with high yield bonds.


5 Real Estate investment options are subject to investment and liquidity risk and other risks inherent in real estate such as those associated with general and local economic conditions. Property values can decline due to environmental and other reasons. In addition, fluctuation in interest rates can negatively impact the performance of real estate investment options.


8 S&P 600 is a trademark of S&P Global and is used under license. The product is not sponsored, endorsed, sold or promoted by Standard & Poor's and Standard & Poor's makes no representation regarding the advisability of investing in the product.


9 S&P 400 is a trademark of S&P Global and is used under license. The product is not sponsored, endorsed, sold or promoted by Standard & Poor's and Standard & Poor's makes no representation regarding the advisability of investing in the product.


11 These calculated returns reflect the historical performance of the oldest share class of the fund, adjusted to reflect a portion of the fees and expenses of this share class. For time periods prior to inception date of the fund, predecessor performance is reflected. Please see the fund's prospectus for more information on specific expenses, and the fund's most recent shareholder report for actual date of first sale. Expenses are deducted from income earned by the fund. As a result, dividends and investment results will differ for each share class.


12 Equity investment options involve greater risk, including heightened volatility, than fixed-income investment options. Fixed-income investment options are subject to interest rate risk, and their value will decline as interest rates rise.


13 Asset allocation does not guarantee a profit or protect against a loss. Investing in real estate, small-cap, international, and high-yield investment options involves additional risks.


15 Small-cap and mid-cap stocks may have additional risks, including greater price volatility.


16 Fixed-income investment options are subject to interest rate risk, and their value will decline as interest rates rise. Neither the principal of bond investment options nor their yields are guaranteed by the U.S. government.


18 Fixed-income and asset allocation investment options that invest in mortgage securities are subject to increased risk due to real estate exposure.


20 Fixed-income investment options are subject to interest rate risk, and their value will decline as interest rates rise. Lower-rated securities are subject to additional credit and default risks. Risks associated with preferred securities differ from risks inherent with other investments. In particular, in the event of bankruptcy, a company's preferred securities are senior to common stock but subordinated to all other types of corporate debt. International investing involves increased risks due to currency fluctuations, political or social instability, and differences in accounting standards, these risks are magnified in emerging markets. REIT securities are subject to risk factors associated with the real estate industry and tax factors of REIT registration.


22 The manager of the Fund, Principal Global Investors, invests between 10% and 40% of the Fund's assets in common stocks in an attempt to match or exceed the performance of the Fund's benchmark index for performance.


23 Asset allocation and diversification do not ensure a profit or protect against a loss. Additionally there is no guarantee this investment option will provide adequate income at or through retirement.


24 Fixed-income investment options are subject to interest rate risk, and their value will decline as interest rates rise. Neither the principal of bond investment options nor their yields are guaranteed by the U.S. or any other government entity. Concentrating investments in natural resources industries can be affected significantly by events relating to those industries, such as variations in the commodities markets, weather, disease, embargoes, international, political and economic developments, the success of exploration projects, tax and other government regulations and other factors. Investment in derivatives entails specific risks relating to liquidity, leverage and credit that may reduce returns and/or increase volatility. REIT securities are subject to risk factors associated with the real estate industry and tax factors of REIT registration. An MLP that invests in a particular industry (e.g., oil and gas) may be harmed by detrimental economic events within that industry. As partnerships, MLPs may be subject to less regulation (and less protection for investors) under state laws than corporations. In addition, MLPs may be subject to state taxation in certain jurisdictions, which may reduce the amount of income paid by an MLP to its investors.


27 The Investment Advisor will display "Multiple Sub-Advisors" for certain target-date, target-risk and specialty investment options where the assets are directed by the Investment Manager to multiple underlying investment options. These underlying investment options may use multiple sub-advisors who are responsible for the day-to-day management responsibilities.


32 This fund utilizes alternative investment strategies such as arbitrage, leverage, derivatives, and shorting securities in addition to traditional investments. Investment risk may be magnified with the use of these alternative strategies. In addition, securities such as bonds, equities, commodities, international and emerging market securities, and currencies are used to implement the investment strategy. These investments are subject to risks associated with market and interest rate movements. The fund is considered non-diversified which may make it more susceptible to price volatility if the fund does not meet its objective. Due to the nature of the investment process, investors should not expect significant outperformance during market rallies. Additional risks are included in the funds prospectus. It is possible to lose money when investing in the fund.


33 The risks associated with derivative investments include that the underlying security, interest rate, market index, or other financial asset will not move in the direction the Investment Adviser and/or Sub-Advisor anticipated, the possibility that there may be no liquid secondary market, the risk that adverse price movements in an instrument can result in a loss substantially greater than a fund's initial investment, the possibility that the counterparty may fail to perform its obligations; and the inability to close out certain hedged positions to avoid adverse tax consequences.


35 This investment option has closed to new investors, effective June 14, 2013. Retirement plans in transition will have until August 15, 2013 to direct assets to the investment option. Existing investors and participants in retirement plans using the investment option may continue to make purchases and elect to use the investment option.


38 Effective June 3, 2014, this portfolio is sub-advised by Origin Asset Management. Prior to June 3, 2014, this portfolio was sub-advised by Fidelity and Schroders. The portfolio has had various sub-advisors since its inception. Performance results displayed reflect all sub-advisors managing this portfolio during the time periods displayed.


39 Effective April 25, 2014, Emerald was added as an additional sub-advisor. Performance results displayed reflect all sub-advisors managing this portfolio during the time periods displayed.


42 International and global investing involves greater risks such as currency fluctuations, political/social instability and differing accounting standards.


43 Formerly known as SmallCap Blend Fund.


48 Effective June 30, 2016, this portfolio is sub-advised by LA Capital and Victory Capital. Prior to June 30, 2016, the portfolio was sub-advised by Goldman Sachs and LA Capital. The portfolio has had various sub-advisors since its inception. Performance results displayed reflect all sub-advisors managing this portfolio during the time periods displayed.


50 Effective September 30, 2016, this portfolio is sub-advised by AB LP, Brown Advisory and Emerald Advisors, LLC. Prior to September 30, 2016, the portfolio was sub-advised by AB LP, Brown Advisory, Emerald Advisors, LLC. and Columbus Circle Investors. The portfolio has had various sub-advisors since its inception. Performance results displayed reflect all sub-advisors managing this portfolio during the time periods displayed.


52 Effective December 1, 2016, the Principal Small-MidCap Dividend Income Fund closed to certain new investors. Please see the prospectus for more complete information.


57 This Principal LifeTime Hybrid Fund indirectly bears its pro rata share of the management fees incurred by the underlying Principal Funds in which this fund invests. Based on the asset allocation of the Principal LifeTime Hybrid Funds outlined in the prospectus dated March 1, 2017, the weighted average operating expenses of the underlying funds are: Principal LifeTime Hybrid Income, 0.39%; Principal LifeTime Hybrid 2015, 0.41%; Principal LifeTime Hybrid 2020, 0.41%; Principal LifeTime Hybrid 2025, 0.42%; Principal LifeTime Hybrid 2030, 0.42%; Principal LifeTime Hybrid 2035, 0.42%; Principal LifeTime Hybrid 2040, 0.43%; Principal LifeTime Hybrid 2045, 0.44%; Principal LifeTime Hybrid 2050, 0.44%; Principal LifeTime Hybrid 2055, 0.44%; Principal LifeTime Hybrid 2060, 0.44%. While the operating expenses of the underlying mutual funds are not part of the Principal LifeTime Hybrid Fund's operating expenses they are included in the Total Investment Expense. Performance results shown for the Principal LifeTime Hybrid Fund reflect the application of these expenses.


61 Fixed-income investment options are subject to interest rate risk, and their value will decline as interest rates rise. Risks of preferred securities differ from risks inherent in other investments. In particular, in a bankruptcy preferred securities are senior to common stock but subordinate to other corporate debt. Contingent capital securities (CoCos) may have substantially greater risk than other securities in times of financial stress. An issuer or regulators decision to write down, write off or convert a CoCo may result in complete loss on an investment.


66 This Principal LifeTime Hybrid Fund indirectly bears its pro rata share of the management fees incurred by the underlying Principal Funds in which this fund invests. Based on the asset allocation of the Principal LifeTime Hybrid Funds outlined in the prospectus dated March 1, 2018, the weighted average operating expenses of the underlying funds are: Principal LifeTime Hybrid Income, 0.37%; Principal LifeTime Hybrid 2015, 0.38%; Principal LifeTime Hybrid 2020, 0.39%; Principal LifeTime Hybrid 2025, 0.39%; Principal LifeTime Hybrid 2030, 0.40%; Principal LifeTime Hybrid 2035, 0.41%; Principal LifeTime Hybrid 2040, 0.41%; Principal LifeTime Hybrid 2045, 0.42%; Principal LifeTime Hybrid 2050, 0.42%; Principal LifeTime Hybrid 2055, 0.43%; Principal LifeTime Hybrid 2060, 0.43%; Principal LifeTime Hybrid 2065, 0.42%. While the operating expenses of the underlying mutual funds are not part of the Principal LifeTime Hybrid Fund's operating expenses they are included in the Total Investment Expense. Performance results shown for the Principal LifeTime Hybrid Fund reflect the application of these expenses.


67 Effective June 29, 2018, this portfolio is sub-advised by Vaughn Nelson, LA Capital and Hotchkis & Wiley. Prior to June 29, 2018, the portfolio was sub-advised by DFA, Vaughn Nelson and LA Capital. The portfolio has had various sub-advisors since its inception. Performance results displayed reflect all sub-advisors managing this portfolio during the time periods displayed.


69 During the fiscal year ending October 31, 2019, the class experienced a net $0.02/share gain as a result of the loss related to a large redemption and the subsequent reimbursement by the Advisor.


73 This Principal LifeTime Hybrid Fund indirectly bears its pro rata share of the management fees incurred by the underlying Principal Funds in which this fund invests. Based on the asset allocation of the Principal LifeTime Hybrid Funds outlined in the prospectus dated March 1, 2019, the weighted average operating expenses of the underlying funds are: Principal LifeTime Hybrid Income, 0.35%; Principal LifeTime Hybrid 2015, 0.36%; Principal LifeTime Hybrid 2020, 0.36%; Principal LifeTime Hybrid 2025, 0.36%; Principal LifeTime Hybrid 2030, 0.37%; Principal LifeTime Hybrid 2035, 0.38%; Principal LifeTime Hybrid 2040, 0.39%; Principal LifeTime Hybrid 2045, 0.40%; Principal LifeTime Hybrid 2050, 0.40%; Principal LifeTime Hybrid 2055, 0.41%; Principal LifeTime Hybrid 2060, 0.41%; Principal LifeTime Hybrid 2065, 0.40%. While the operating expenses of the underlying mutual funds are not part of the Principal LifeTime Hybrid Fund's operating expenses they are included in the Total Investment Expense. Performance results shown for the Principal LifeTime Hybrid Fund reflect the application of these expenses.


74 Additional target date portfolios may be added to the Principal LifeTime portfolios series to accommodate plan participants with later normal retirement dates as they enter the workforce. Participants may also choose a portfolio with a target date that does not match the intended retirement date. Compare the different portfolios to see how the mix of investments might shift.