Top performing managers by category: separate accounts, 2nd Quarter 2016


Large Blend1 year gross return1 year net return
Lunt U.S. Large Cap Rotation Portfolio16.6814.98
Martingale Low Volatility LargeCap+14.4813.92
MFS Low Volatility US Equity12.9312.53
SaratogaRIM Large Cap Quality Focus12.4611.86
Dearborn Core Rising Dividends13.4611.70
Farr Miller & Wash FMW Gr & Inc11.6911.02
CS US Sustainable Dividend Composite11.6510.48
Confluence IDEA – Increasing Dividend12.1110.37
Kensington Large Cap Value11.399.99
AMP Rising Dividend10.799.92
Source: Morningstar Separate Account/CIT Fund Database

Large Blend5 year gross return5 year net return
BNY Mellon EB DV Dynamic U.S. Equity17.0816.51
Entrepreneur US Large Cap16.5215.76
Martingale Low Volatility LargeCap+16.1415.55
Smead Capital Appreciation15.3414.53
Lazard U.S. Equity Concentrated15.0814.34
Hilliard Lyons Large Cap Equity15.0513.65
Euclid Advisory Large Cap Growth15.2313.64
JPMorgan Quantitative Enhanced Equity12.3713.63
Hilliard Lyons SMA Large Cap Equity15.0013.52
Analytic Core Eq13.8213.30
Source: Morningstar Separate Account/CIT Fund Database

Mid-Cap Blend1 year gross return1 year net return
FIAM U.S. Low Volatility Equity14.0913.70
Edge SMA Mid Cap Core Equity13.7910.46
Chartwell Mid-Cap Value8.537.67
Clarkston Capital SMID Composite6.025.53
Ativo Mid Cap6.505.23
Tandem Mid Cap Core Wrap7.134.47
Perkins Mid Cap Value5.104.31
Perkins Mid Cap Value MA (Retail)7.174.05
MFS Blended Research Focused US Core Eq4.593.97
JPMorgan Md-Cap Val MA3.753.77
Source: Morningstar Separate Account/CIT Fund Database

Mid-Cap Blend5 year gross return5 year net return
Clarkston Capital SMID Composite15.4014.68
JPMorgan Md-Cap Val MA13.3313.31
Boston Partners Mid-Cap Value Equity13.6813.14
JPMorgan Md-Cap Val13.5512.78
Chartwell Mid-Cap Value13.2312.25
Triboro All Cap12.1312.13
QMA US Mid Cap Core Equity12.6812.08
MFS Blended Research Focused US Core Eq12.7611.99
WellsCap Select Equity13.0211.90
Zacks Mid-Cap Core Strategy12.6611.82
Source: Morningstar Separate Account/CIT Fund Database

Small Blend1 year gross return1 year net return
ZPR Fundamental Small Cap Value13.1311.91
WellsCap Small Cap Value Equity II7.236.17
Martingale Low Volatility SmallCap+6.915.85
Ceredex Small Cap Value Equity5.904.82
Tributary Small Cap Equity4.483.58
NorthPointe Capital Micro Cap Value4.063.07
Nuveen Small Cap Value Equity3.782.80
River Road Small-Mid Cap Val Eq Comp3.432.74
Kennedy Capital Mgt Small Cap Select3.392.47
T. Rowe Price Small-Cap Value Equity3.072.27
Source: Morningstar Separate Account/CIT Fund Database

Small Blend5 year gross return5 year net return
BMO Microcap Equity - Institutional - SA16.7615.59
NorthPointe Capital Micro Cap Value15.0514.23
First Midwest U.S. Small Cap Composite13.2913.26
Martingale Low Volatility SmallCap+13.9012.78
BRC Small Cap Diversified Equity13.6112.32
Vulcan Value Partners Small Cap Stra13.2812.29
Burgundy US Small Cap Value Composite13.3712.25
BMO Disciplined Small-Cap Core13.2612.25
Tradewinds-Sector Small Cap13.2312.24
Integrity Micro-Cap Value13.3012.20
Source: Morningstar Separate Account/CIT Fund Database

Large Growth1 year gross return1 year net return
Eagle Ridge Large Cap Equity- Core11.9311.48
Jensen Large Cap Quality Growth11.0310.47
Loomis Sayles All Cap Growth10.7510.19
Loomis Sayles Large Cap Growth10.6010.15
FIAM U.S. Total Market Equity10.279.72
Madison Large Cap Equity SA10.409.64
Madison Large Cap Equity10.109.35
Vontobel Asset Mgt US Equity8.917.83
Portformulas Freedom SP50010.357.67
Brown Advisory Lg-Cap Sustainable Growth7.867.30
Source: Morningstar Separate Account/CIT Fund Database

Large Growth5 year gross return5 year net return
ClearBridge Large Cap Growth15.5314.80
Loomis Sayles Large Cap Growth15.1214.70
S&P Competitive Advantage14.9814.70
HSMP Concentrated Quality Growth Eq14.8914.24
Loomis Sayles All Cap Growth14.6014.15
ClariVest Large Cap Growth14.2413.99
BMO Disciplined Large-Cap Growth14.6413.95
Edgewood Mgt Lg-Cap Gr14.8613.86
Martingale LargeCap Growth14.5313.73
Eagle Ridge Large Cap Equity- Core14.0413.72
Source: Morningstar Separate Account/CIT Fund Database

Mid-Cap Growth1 year gross return1 year net return
Snyder Capital Mgt Concen All-Cap Value14.8813.80
CVI Faith Portfolio11.5111.51
Snyder Capital Mgt Small/Mid Cap Val11.5610.54
Bright Rock Mid Cap Growth9.088.00
Bahl & Gaynor - Mid Cap Quality Growth8.157.81
Atlanta High Quality Smid Cap8.387.53
12th Street Asset Opportunity7.556.46
Fenimore Managed Equity Accounts Comp7.336.38
Kayne Anderson Rudnick SMID Core6.495.58
Portfolio Resources High Impact Solu G&I6.095.56
Source: Morningstar Separate Account/CIT Fund Database

Mid-Cap Growth5 year gross return5 year net return
Confluence Value Opportunities18.1916.73
Naylor & Company Core Composite18.7716.24
Snyder Capital Mgt Concen All-Cap Value14.7513.66
Broad Run Focus Equity Strategy Cmpst14.7113.57
Atlanta High Quality Smid Cap14.3013.37
T. Rowe Price US Small-Cap Growth Equity14.1213.27
PGI Mid-Cap Equity13.5913.07
Congress Asset Mgt Mid Cap Growth13.2412.64
Select Equity Small-Mid Cap Core14.4312.62
DF Dent Mid Cap Growth13.1212.52
Source: Morningstar Separate Account/CIT Fund Database

Small Growth1 year gross return1 year net return
Aberdeen US Equity Small Cap Core13.4712.67
Kayne Anderson Rudnick SC Quality Value9.528.47
Kayne Anderson Rd SC Quality Value Wrap10.107.31
Snyder Capital Mgt Sm-Cap Val6.996.04
Kayne Anderson Rudnick Small Cap Core6.645.62
Kayne Anderson Rudnick SC Sustain Growth5.975.25
Copeland Small Cap Dividend Growth6.255.20
Confluence Small Cap Value6.524.88
Kayne Anderson Rud Small Cap Core Wrap6.734.37
Atlanta High Quality Small Cap5.084.25
Source: Morningstar Separate Account/CIT Fund Database

Small Growth5 year gross return5 year net return
Aberdeen US Equity Small Cap Core14.9514.08
Granahan Inv Mgt - Sm Cap Focused Grth14.6413.83
Rice Hall James Small Cap Opportunities14.5613.76
Copeland Small Cap Dividend Growth14.5613.58
Navellier Small Cap Growth Wrap15.0113.58
Kennedy Small Cap Fundamental Growth14.2813.34
Falcon Point Micro Cap Growth Strategy14.9313.23
Wasatch Small Cap Core Growth Composite13.7412.79
Brown Capital Small Company Service13.9012.78
Renaissance Small Cap Growth13.4612.67
Source: Morningstar Separate Account/CIT Fund Database

Large Value1 year gross return1 year net return
MIS Dividend Non-MLP SSB26.5624.49
MIS Dividend Select Stock Basket23.4121.39
Woodley Dividend Portfolio22.6821.27
Federated Strategic Value Dividend Comp21.1120.23
PIMCO StocksPLUS Long Duration19.3618.80
S&P Dividend Income & Growth18.5018.21
Reaves Current Income18.6517.80
Dearborn High and Rising Dividends19.4717.70
Federated Strategic Value Dividend MA20.5717.05
Dean Equity Income17.6516.82
Source: Morningstar Separate Account/CIT Fund Database

Large Value5 year gross return5 year net return
PIMCO StocksPLUS Long Duration21.4920.90
S&P Dividend Income & Growth15.7615.47
MPI Dividend Equity15.8415.20
RIM High Income Dividend Yield Portfolio14.9114.91
Delaware Investments Lg-Cap Val Eq (SMA)14.5614.52
Analytic Investors US Low Volatility14.6814.44
LSV Asset Management Managed Volatility14.8014.29
Acadian U.S. Managed Volatility Eq Comp14.6414.29
S&P 414.5314.24
Delaware Lg-Cap Val Focus14.7014.23
Source: Morningstar Separate Account/CIT Fund Database

Mid-Cap Value1 year gross return1 year net return
Navellier Power Dividend16.1714.06
Gilman Hill Equity Income12.1611.03
Speece Thorson Mid-Cap Value Equity9.078.43
TS&W Mid-Cap Value8.848.43
American Century U.S. Mid Cap Value9.268.31
Bahl & Gaynor - Small/Mid Cap Income Gr8.718.28
Shapiro Capital Mgt Enh Small Cap Value9.048.02
LMCG Mid-Cap Value8.617.84
DGHM Midcap Val8.507.73
Brandes U.S. Small-Mid Cap Value Equity8.687.61
Source: Morningstar Separate Account/CIT Fund Database

Mid-Cap Value5 year gross return5 year net return
Brandes U.S. Small-Mid Cap Value Equity15.6414.58
TS&W Mid-Cap Value14.8814.35
Navellier Power Dividend15.1813.42
Nuance Mid Cap Value Separate Account14.1213.18
Martingale MidCap Core13.8413.05
American Century U.S. Mid Cap Value14.0213.02
Kennedy All Cap Value13.6412.88
AJO Managed Volatility12.9412.69
WellsCap Special US Mid Cap Value Eq13.5312.58
Nuance Concentrated Value13.2612.55
Source: Morningstar Separate Account/CIT Fund Database

Small Value1 year gross return1 year net return
Symons Concentrated Small Cap Value18.4918.49
Symons Small Cap Value12.2111.24
WisdomTree US SmallCap Quality DivGro Fd4.974.97
Edge SMA SMID Cap Div Inc with MLP's7.864.69
Opus Cap Small Cap Value Plus4.954.55
Runde Small-Cap Value5.144.10
Donald Smith & Co. Micro Cap Val Eq4.983.79
Denver Inv SMID Value3.742.87
Brandes U.S. Small Cap Value Equity3.472.51
Fuller & Thaler Small-Cap Value2.672.32
Source: Morningstar Separate Account/CIT Fund Database

Small Value5 year gross return5 year net return
Donald Smith & Co. Micro Cap Val Eq16.9015.51
Analytic Small-Mid Cap Equity15.9415.16
Cooke & Bieler Small Cap Value Equity15.0414.22
O'Shaughnessy Micro Cap15.2513.96
Fuller & Thaler Small-Cap Value13.5213.03
Brandes U.S. Small Cap Value Equity13.6712.56
DGHM Micro Cap13.9012.55
Brandes US Sm Cap Eq Single ADR NonComp12.9212.36
Frontier Small Cap Value13.3012.23
BMO Disciplined SCV Composite13.1512.14
Source: Morningstar Separate Account/CIT Fund Database

Bear Market1 year gross return1 year net return
Optimus Global Advantage Plus18.3817.79
Optimus Global Advantage All Asset12.0711.52
Leuthold AdvantHedge2.491.46
Federated Alternative Bear Equity Comp-0.53-2.05
Source: Morningstar Separate Account/CIT Fund Database

Bear Market5 year gross return5 year net return
Optimus Global Advantage Plus2.011.50
Leuthold AdvantHedge-10.45-11.39
Federated Alternative Bear Equity Comp-12.28-13.60
Optimus Global Advantage All Asset0.000.00
Source: Morningstar Separate Account/CIT Fund Database

Financial1 year gross return1 year net return
ZPR Volume Winners18.4816.48
ZPR Volume Value7.435.76
McKinley Capital Business Development Co-0.90-2.25
Davis Financial Product-3.27-3.79
RevenueShares VTL Financial Index-7.10-7.57
Source: Morningstar Separate Account/CIT Fund Database

Financial5 year gross return5 year net return
ZPR Volume Value19.5016.44
ZPR Volume Winners13.0311.11
RevenueShares VTL Financial Index10.7810.23
Davis Financial Product10.189.62
McKinley Capital Business Development Co0.000.00
Source: Morningstar Separate Account/CIT Fund Database

Health1 year gross return1 year net return
Financial Trust Health Value-4.29-5.47
Kopp AccruHealth-24.96-25.96
Source: Morningstar Separate Account/CIT Fund Database

Health5 year gross return5 year net return
Financial Trust Health Value20.4919.00
Kopp AccruHealth15.1613.89
Source: Morningstar Separate Account/CIT Fund Database

Natural Resources1 year gross return1 year net return
Cohen & Steers Natural Resources-4.19-4.70
Wellington Global Natural Resources-7.38-8.29
Jennison Global Natural Resources-8.64-8.99
CLS Active Real-8.69-9.01
SailingStone Global Natural Resources-9.39-10.01
Boston Global Natural Resources Equity-9.32-10.05
BP Capital TwinLine Energy-10.34-11.26
Newgate Global Resources-11.40-11.97
NB Rachlin Income Plus (PAM)-21.48-22.39
Wellington Global Agriculture-22.20-22.98
Source: Morningstar Separate Account/CIT Fund Database

Natural Resources5 year gross return5 year net return
NB Rachlin Income Plus (PAM)4.453.29
Boston Global Natural Resources Equity-3.55-4.31
Wellington Global Agriculture-4.41-5.36
SailingStone Global Natural Resources-7.46-8.34
Wellington Global Natural Resources-7.73-8.66
Jennison Global Natural Resources-8.61-8.94
Goldman Sachs Commodities Enh Idx-13.91-14.20
Cohen & Steers Natural Resources0.000.00
CLS Active Real0.000.00
BP Capital TwinLine Energy0.000.00
Source: Morningstar Separate Account/CIT Fund Database

Equity Precious Metals1 year gross return1 year net return
GAMCO Gold64.0762.42
WellsCap Precious Metals59.3957.92
AIS TAAP6.465.38
Source: Morningstar Separate Account/CIT Fund Database

Equity Precious Metals5 year gross return5 year net return
AIS TAAP-2.98-3.92
GAMCO Gold-7.61-8.58
WellsCap Precious Metals-9.07-9.94
Source: Morningstar Separate Account/CIT Fund Database

Real Estate1 year gross return1 year net return
Heitman US Focused Wilshire27.0626.22
Deutsche US Real Estate Securities Comp26.5325.84
CenterSquare REIT Separate Account26.2025.64
Cohen & Steers Realty Focus26.7425.60
Heitman US Diversified Wilshire25.1524.64
Davis Real Estate WRAP25.2224.60
Davis Real Estate Composite25.2224.60
Advantus Real Estate Securities24.6424.05
Cornerstone U.S. REIT Total Return24.5723.93
Nuveen Real Estate Securities24.3623.37
Source: Morningstar Separate Account/CIT Fund Database

Real Estate5 year gross return5 year net return
Chilton Capital REIT15.9014.95
Heitman US Focused Wilshire14.5113.74
CenterSquare REIT Separate Account14.0313.50
Heitman US Diversified Wilshire13.9813.48
PGI Real Estate Equity Securities13.9113.29
Cohen & Steers Realty Focus14.2113.20
Baron Real Estate Strategy14.0813.15
Cornerstone U.S. REIT Total Return13.4312.87
Wellington Real Estate Securities13.6212.78
AEW U.S. Diversified REIT Strategy13.3212.65
Source: Morningstar Separate Account/CIT Fund Database

Technology1 year gross return1 year net return
MFS Technology Equity9.628.79
Oak Associates Technology Portfolio7.997.46
Wellington Global Technology Opps3.072.31
Wellington Global Technology2.822.06
Crabtree Multi-Cap Technology-0.82-1.51
Allianz Global Technology Equity-1.71-2.68
Zevenbergen Z/Tech-8.49-9.34
Princeton Young Enterprise Shares (YES)-10.76-12.00
Source: Morningstar Separate Account/CIT Fund Database

Technology5 year gross return5 year net return
MFS Technology Equity14.6013.69
Wellington Global Technology13.5812.75
Crabtree Multi-Cap Technology12.4011.59
Oak Associates Technology Portfolio11.9911.38
Zevenbergen Z/Tech10.699.66
Allianz Global Technology Equity10.709.61
Princeton Young Enterprise Shares (YES)-0.13-1.45
Wellington Global Technology Opps0.000.00
Source: Morningstar Separate Account/CIT Fund Database

Utilities1 year gross return1 year net return
HIS Top 15 Utility37.5236.08
Levin Capital Strategies Utilities Yield27.1025.86
Miller/Howard – Utilities Plus21.9820.78
Miller/Howard – Utilities Plus SMA22.4918.84
Reaves Long Term Val(Util/Ener/Infrastr)14.6014.04
Miller/Howard Infrastructure7.496.43
MFS Utilities Equity0.43-0.24
Source: Morningstar Separate Account/CIT Fund Database

Utilities5 year gross return5 year net return
Levin Capital Strategies Utilities Yield15.4914.35
Miller/Howard – Utilities Plus13.4512.33
Miller/Howard – Utilities Plus SMA13.8710.74
Reaves Long Term Val(Util/Ener/Infrastr)10.089.51
MFS Utilities Equity8.848.13
Miller/Howard Infrastructure8.567.48
HIS Top 15 Utility0.000.00
Source: Morningstar Separate Account/CIT Fund Database

Equity Energy1 year gross return1 year net return
Miller/Howard Drill Bit Burn Tipˆ® No K1s0.34-0.66
Miller/Howard Drill Bit Burn Tipˆ®0.15-0.85
Drill Bit to Burner Tipˆ® No K1s SMA0.56-2.42
Drill Bit to Burner Tipˆ® SMA0.38-2.59
TMG Energy Equity-6.71-7.42
Wellington Energy-7.41-8.35
Miller/Howard E&P Institutional Strategy-7.56-8.49
NBC Energy Infrastructure Portfolio-10.23-10.78
Orleans Energy Opportunities-11.29-12.19
Texan Capital Energy Equity Portfolio-12.24-12.89
Source: Morningstar Separate Account/CIT Fund Database

Equity Energy5 year gross return5 year net return
Miller/Howard Drill Bit Burn Tipˆ®8.317.24
NBC Energy Infrastructure Portfolio6.545.99
Drill Bit to Burner Tipˆ® SMA8.395.20
Neuberger Berman Rachlin MLP (PAM)4.854.03
TCIA Equity Yield Focus4.843.01
Wellington Energy-1.68-2.66
TMG Energy Equity-2.09-2.80
Miller/Howard E&P Institutional Strategy-4.19-5.15
Texan Capital Energy Equity Portfolio-4.91-5.62
Orleans Energy Opportunities-5.99-6.93
Source: Morningstar Separate Account/CIT Fund Database

Aggressive Allocation1 year gross return1 year net return
ASCP Opportunistic Growth Strategy31.3730.66
Kensington Income Equity9.237.86
iSectors Post-MPT Moderate Allocation6.936.18
Camelot Aggressive Income6.095.58
Eads and Heald Inv Counsel Bal5.734.85
Nav Tactical Glbl Alloc Plus5.074.77
Nav Tactical US Equity Sector Plus4.924.55
Nav Tactical Glbl Alloc Pl ft ADEX5.144.47
CS GRAS6.384.28
Navellier Dynamic Libertas 304.814.20
Source: Morningstar Separate Account/CIT Fund Database

Aggressive Allocation5 year gross return5 year net return
iSectors Post-MPT Moderate Allocation10.6810.02
Palouse Capital Diversified Income Strat10.099.65
Golub Group Equity Income10.629.55
Kensington Income Equity10.909.52
Eads and Heald Inv Counsel Bal10.339.42
Parametric Aggressive Composite9.178.67
Dean Inv Multi-Cap 809.428.64
Niemann Risk Managed10.508.38
Clark Navigator MultiStrategy 75-25(SAI)9.208.36
Clark Navigator Style Preferred Core8.878.07
Source: Morningstar Separate Account/CIT Fund Database

Bank Loan1 year gross return1 year net return
MacKay Hi Yld Floating Rate Composite3.693.08
MacKay Shields Leveraged Loan Comp2.862.35
DDJ U.S. Opportunistic Loan I Composite2.972.34
Federated Bank Loan Composite2.862.33
3i US Senior Loan Composite3.112.30
T. Rowe Price Floating Rate Bank Loan2.712.22
Lord Abbett & Co. Bank Loan2.882.13
Octagon Senior Secured Credit2.782.09
Prudential US Senior Secured Loans2.341.78
Voya Senior Loan2.151.64
Source: Morningstar Separate Account/CIT Fund Database

Bank Loan5 year gross return5 year net return
3i US Senior Loan Composite5.745.00
Invesco Zodiac US Senior Loan Composite4.874.30
Voya Senior Loan4.814.28
Franklin Bank Loans Separate Acct Comp4.644.26
Columbia Bank Loan Strategy4.854.26
Lord Abbett & Co. Bank Loan4.984.15
Prudential US Senior Secured Loans4.724.15
OFI Global Senior Loans4.614.11
Federated Bank Loan Composite4.614.10
T. Rowe Price Floating Rate Bank Loan4.473.95
Source: Morningstar Separate Account/CIT Fund Database

Small Value1 year gross return1 year net return
Symons Concentrated Small Cap Value18.4918.49
Symons Small Cap Value12.2111.24
WisdomTree US SmallCap Quality DivGro Fd4.974.97
Edge SMA SMID Cap Div Inc with MLP's7.864.69
Opus Cap Small Cap Value Plus4.954.55
Runde Small-Cap Value5.144.10
Donald Smith & Co. Micro Cap Val Eq4.983.79
Denver Inv SMID Value3.742.87
Brandes U.S. Small Cap Value Equity3.472.51
Fuller & Thaler Small-Cap Value2.672.32
Source: Morningstar Separate Account/CIT Fund Database

Small Value5 year gross return5 year net return
Donald Smith & Co. Micro Cap Val Eq16.9015.51
Analytic Small-Mid Cap Equity15.9415.16
Cooke & Bieler Small Cap Value Equity15.0414.22
O'Shaughnessy Micro Cap15.2513.96
Fuller & Thaler Small-Cap Value13.5213.03
Brandes U.S. Small Cap Value Equity13.6712.56
DGHM Micro Cap13.9012.55
Brandes US Sm Cap Eq Single ADR NonComp12.9212.36
Frontier Small Cap Value13.3012.23
BMO Disciplined SCV Composite13.1512.14
Source: Morningstar Separate Account/CIT Fund Database

Mid-Cap Value1 year gross return1 year net return
Navellier Power Dividend16.1714.06
Gilman Hill Equity Income12.1611.03
Speece Thorson Mid-Cap Value Equity9.078.43
TS&W Mid-Cap Value8.848.43
American Century U.S. Mid Cap Value9.268.31
Bahl & Gaynor - Small/Mid Cap Income Gr8.718.28
Shapiro Capital Mgt Enh Small Cap Value9.048.02
LMCG Mid-Cap Value8.617.84
DGHM Midcap Val8.507.73
Brandes U.S. Small-Mid Cap Value Equity8.687.61
Source: Morningstar Separate Account/CIT Fund Database

Mid-Cap Value5 year gross return5 year net return
Brandes U.S. Small-Mid Cap Value Equity15.6414.58
TS&W Mid-Cap Value14.8814.35
Navellier Power Dividend15.1813.42
Nuance Mid Cap Value Separate Account14.1213.18
Martingale MidCap Core13.8413.05
American Century U.S. Mid Cap Value14.0213.02
Kennedy All Cap Value13.6412.88
AJO Managed Volatility12.9412.69
WellsCap Special US Mid Cap Value Eq13.5312.58
Nuance Concentrated Value13.2612.55
Source: Morningstar Separate Account/CIT Fund Database

Large Value1 year gross return1 year net return
MIS Dividend Non-MLP SSB26.5624.49
MIS Dividend Select Stock Basket23.4121.39
Woodley Dividend Portfolio22.6821.27
Federated Strategic Value Dividend Comp21.1120.23
PIMCO StocksPLUS Long Duration19.3618.80
S&P Dividend Income & Growth18.5018.21
Reaves Current Income18.6517.80
Dearborn High and Rising Dividends19.4717.70
Federated Strategic Value Dividend MA20.5717.05
Dean Equity Income17.6516.82
Source: Morningstar Separate Account/CIT Fund Database

Large Value5 year gross return5 year net return
PIMCO StocksPLUS Long Duration21.4920.90
S&P Dividend Income & Growth15.7615.47
MPI Dividend Equity15.8415.20
RIM High Income Dividend Yield Portfolio14.9114.91
Delaware Investments Lg-Cap Val Eq (SMA)14.5614.52
Analytic Investors US Low Volatility14.6814.44
LSV Asset Management Managed Volatility14.8014.29
Acadian U.S. Managed Volatility Eq Comp14.6414.29
S&P 414.5314.24
Delaware Lg-Cap Val Focus14.7014.23
Source: Morningstar Separate Account/CIT Fund Database

Small Growth1 year gross return1 year net return
Aberdeen US Equity Small Cap Core13.4712.67
Kayne Anderson Rudnick SC Quality Value9.528.47
Kayne Anderson Rd SC Quality Value Wrap10.107.31
Snyder Capital Mgt Sm-Cap Val6.996.04
Kayne Anderson Rudnick Small Cap Core6.645.62
Kayne Anderson Rudnick SC Sustain Growth5.975.25
Copeland Small Cap Dividend Growth6.255.20
Confluence Small Cap Value6.524.88
Kayne Anderson Rud Small Cap Core Wrap6.734.37
Atlanta High Quality Small Cap5.084.25
Source: Morningstar Separate Account/CIT Fund Database

Small Growth5 year gross return5 year net return
Aberdeen US Equity Small Cap Core14.9514.08
Granahan Inv Mgt - Sm Cap Focused Grth14.6413.83
Rice Hall James Small Cap Opportunities14.5613.76
Copeland Small Cap Dividend Growth14.5613.58
Navellier Small Cap Growth Wrap15.0113.58
Kennedy Small Cap Fundamental Growth14.2813.34
Falcon Point Micro Cap Growth Strategy14.9313.23
Wasatch Small Cap Core Growth Composite13.7412.79
Brown Capital Small Company Service13.9012.78
Renaissance Small Cap Growth13.4612.67
Source: Morningstar Separate Account/CIT Fund Database

Mid-Cap Growth1 year gross return1 year net return
Snyder Capital Mgt Concen All-Cap Value14.8813.80
CVI Faith Portfolio11.5111.51
Snyder Capital Mgt Small/Mid Cap Val11.5610.54
Bright Rock Mid Cap Growth9.088.00
Bahl & Gaynor - Mid Cap Quality Growth8.157.81
Atlanta High Quality Smid Cap8.387.53
12th Street Asset Opportunity7.556.46
Fenimore Managed Equity Accounts Comp7.336.38
Kayne Anderson Rudnick SMID Core6.495.58
Portfolio Resources High Impact Solu G&I6.095.56
Source: Morningstar Separate Account/CIT Fund Database

Mid-Cap Growth5 year gross return5 year net return
Confluence Value Opportunities18.1916.73
Naylor & Company Core Composite18.7716.24
Snyder Capital Mgt Concen All-Cap Value14.7513.66
Broad Run Focus Equity Strategy Cmpst14.7113.57
Atlanta High Quality Smid Cap14.3013.37
T. Rowe Price US Small-Cap Growth Equity14.1213.27
PGI Mid-Cap Equity13.5913.07
Congress Asset Mgt Mid Cap Growth13.2412.64
Select Equity Small-Mid Cap Core14.4312.62
DF Dent Mid Cap Growth13.1212.52
Source: Morningstar Separate Account/CIT Fund Database

Large Growth1 year gross return1 year net return
Eagle Ridge Large Cap Equity- Core11.9311.48
Jensen Large Cap Quality Growth11.0310.47
Loomis Sayles All Cap Growth10.7510.19
Loomis Sayles Large Cap Growth10.6010.15
FIAM U.S. Total Market Equity10.279.72
Madison Large Cap Equity SA10.409.64
Madison Large Cap Equity10.109.35
Vontobel Asset Mgt US Equity8.917.83
Portformulas Freedom SP50010.357.67
Brown Advisory Lg-Cap Sustainable Growth7.867.30
Source: Morningstar Separate Account/CIT Fund Database

Large Growth5 year gross return5 year net return
ClearBridge Large Cap Growth15.5314.80
Loomis Sayles Large Cap Growth15.1214.70
S&P Competitive Advantage14.9814.70
HSMP Concentrated Quality Growth Eq14.8914.24
Loomis Sayles All Cap Growth14.6014.15
ClariVest Large Cap Growth14.2413.99
BMO Disciplined Large-Cap Growth14.6413.95
Edgewood Mgt Lg-Cap Gr14.8613.86
Martingale LargeCap Growth14.5313.73
Eagle Ridge Large Cap Equity- Core14.0413.72
Source: Morningstar Separate Account/CIT Fund Database

Small Blend1 year gross return1 year net return
ZPR Fundamental Small Cap Value13.1311.91
WellsCap Small Cap Value Equity II7.236.17
Martingale Low Volatility SmallCap+6.915.85
Ceredex Small Cap Value Equity5.904.82
Tributary Small Cap Equity4.483.58
NorthPointe Capital Micro Cap Value4.063.07
Nuveen Small Cap Value Equity3.782.80
River Road Small-Mid Cap Val Eq Comp3.432.74
Kennedy Capital Mgt Small Cap Select3.392.47
T. Rowe Price Small-Cap Value Equity3.072.27
Source: Morningstar Separate Account/CIT Fund Database

Small Blend5 year gross return5 year net return
BMO Microcap Equity - Institutional - SA16.7615.59
NorthPointe Capital Micro Cap Value15.0514.23
First Midwest U.S. Small Cap Composite13.2913.26
Martingale Low Volatility SmallCap+13.9012.78
BRC Small Cap Diversified Equity13.6112.32
Vulcan Value Partners Small Cap Stra13.2812.29
Burgundy US Small Cap Value Composite13.3712.25
BMO Disciplined Small-Cap Core13.2612.25
Tradewinds-Sector Small Cap13.2312.24
Integrity Micro-Cap Value13.3012.20
Source: Morningstar Separate Account/CIT Fund Database

Mid-Cap Blend1 year gross return1 year net return
FIAM U.S. Low Volatility Equity14.0913.70
Edge SMA Mid Cap Core Equity13.7910.46
Chartwell Mid-Cap Value8.537.67
Clarkston Capital SMID Composite6.025.53
Ativo Mid Cap6.505.23
Tandem Mid Cap Core Wrap7.134.47
Perkins Mid Cap Value5.104.31
Perkins Mid Cap Value MA (Retail)7.174.05
MFS Blended Research Focused US Core Eq4.593.97
JPMorgan Md-Cap Val MA3.753.77
Source: Morningstar Separate Account/CIT Fund Database

Mid-Cap Blend5 year gross return5 year net return
Clarkston Capital SMID Composite15.4014.68
JPMorgan Md-Cap Val MA13.3313.31
Boston Partners Mid-Cap Value Equity13.6813.14
JPMorgan Md-Cap Val13.5512.78
Chartwell Mid-Cap Value13.2312.25
Triboro All Cap12.1312.13
QMA US Mid Cap Core Equity12.6812.08
MFS Blended Research Focused US Core Eq12.7611.99
WellsCap Select Equity13.0211.90
Zacks Mid-Cap Core Strategy12.6611.82
Source: Morningstar Separate Account/CIT Fund Database

Large Blend1 year gross return1 year net return
Lunt U.S. Large Cap Rotation Portfolio16.6814.98
Martingale Low Volatility LargeCap+14.4813.92
MFS Low Volatility US Equity12.9312.53
SaratogaRIM Large Cap Quality Focus12.4611.86
Dearborn Core Rising Dividends13.4611.70
Farr Miller & Wash FMW Gr & Inc11.6911.02
CS US Sustainable Dividend Composite11.6510.48
Confluence IDEA – Increasing Dividend12.1110.37
Kensington Large Cap Value11.399.99
AMP Rising Dividend10.799.92
Source: Morningstar Separate Account/CIT Fund Database

Large Blend5 year gross return5 year net return
BNY Mellon EB DV Dynamic U.S. Equity17.0816.51
Entrepreneur US Large Cap16.5215.76
Martingale Low Volatility LargeCap+16.1415.55
Smead Capital Appreciation15.3414.53
Lazard U.S. Equity Concentrated15.0814.34
Hilliard Lyons Large Cap Equity15.0513.65
Euclid Advisory Large Cap Growth15.2313.64
JPMorgan Quantitative Enhanced Equity12.3713.63
Hilliard Lyons SMA Large Cap Equity15.0013.52
Analytic Core Eq13.8213.30
Source: Morningstar Separate Account/CIT Fund Database

Long/Short Equity1 year gross return1 year net return
Optimus High Yield Bull/Bear9.639.08
Coe Capital Intrinisic Edge Plus12.469.01
Confluence IDEA - Plus9.887.99
Analytic Global Long/Short Equity8.077.48
Frontier Asset Mgmt Absolute Return Plus6.756.32
CIM InvestFlexâ„¢ U.S. Long/Short8.105.99
Coe Capital Intrinisic Edge Partners8.275.83
Optimus Global Long/Short6.035.51
QMA US Core Equity Extended5.604.92
Frontier Asset Mgmt Absolute Return4.824.41
Source: Morningstar Separate Account/CIT Fund Database

Long/Short Equity5 year gross return5 year net return
QMA US Core Equity Extended14.5613.82
Analytic Global Long/Short Equity10.8710.40
Boston Partners Research Equity Comp8.607.26
Coe Capital Intrinisic Edge Plus9.686.81
Acadian Glb Market Neutral Eq (Tax Sens)10.086.78
Acadian Global Leveraged Market Neutral10.426.22
Westport Absolute Total Return Strategy7.626.03
Shelton Equity Income Portfolio7.885.96
Lazard Fundamental Long/Short7.505.91
M.D. Sass Equity Income Plus6.555.64
Source: Morningstar Separate Account/CIT Fund Database

Leveraged Net Long1 year gross return1 year net return
Martingale Low Volatility Long/Short19.0918.22
LA Capital U.S. Large Cap Active Exten8.617.81
Analytic Core Eq Plus (Russ1000)8.167.60
Glenmede Large Cap 130/305.474.69
ValueWorks Long-Biased Strategy6.204.58
Chicago Equity Large Cap 130/304.053.37
AQR Capital US Relaxed Constraint 403.813.19
Martingale 130/30 LargeCap Core 5003.642.87
Sowell TAP 2x Stock-Bonds4.212.35
Martingale 130/30 LargeCap Growth2.641.87
Source: Morningstar Separate Account/CIT Fund Database

Leveraged Net Long5 year gross return5 year net return
Martingale Low Volatility Long/Short18.0617.19
Numeric Investors Amplified Core 130/3017.8116.65
Cornerstone US Equity Opportunities14.5013.79
AQR Capital US Relaxed Constraint 4014.2313.39
LA Capital U.S. Large Cap Active Exten13.7413.31
Analytic Core Eq Plus (Russ1000)13.7613.18
Martingale 130/30 LargeCap Growth13.9013.05
Martingale 130/30 LargeCap Core 50013.7712.93
Glenmede Large Cap 130/3013.5912.76
Chicago Equity Large Cap 130/3013.4112.72
Source: Morningstar Separate Account/CIT Fund Database

Market Neutral1 year gross return1 year net return
Cognios Enhanced Market Neutral48.9744.64
SL Advisors Low Vol Hedged20.0319.19
Cognios Market Neutral Large Cap Value13.2411.57
PanAgora Dynamic Global Market Neutral13.6110.21
Constantia Merger-Arbitrage7.617.05
Constantia Equity Market Neutral7.236.33
12th Street Asset Management LP7.035.29
Invesco US Market Neutral Equity4.814.81
Clear Stream Absolute Return Strategy5.744.70
Swan Defined Risk Strategy3.102.60
Source: Morningstar Separate Account/CIT Fund Database

Market Neutral5 year gross return5 year net return
12th Street Asset Management LP11.179.08
Copeland Risk Managed Dividend Growth9.678.63
Clear Stream Absolute Return Strategy8.967.88
Swan Defined Risk Strategy All Accounts5.294.54
Swan Defined Risk Strategy5.264.51
PanAgora Dynamic Global Market Neutral5.634.49
Numeric Investors US Market Neutral4.203.16
Invesco US Market Neutral Equity2.822.46
SSI Convertible Income2.721.71
Martingale Equity Market Neutral2.671.65
Source: Morningstar Separate Account/CIT Fund Database

World Stock1 year gross return1 year net return
Newton Capital Mgt Global Higher Income14.0613.31
FIAM Global Low Volatility Equity13.7413.23
SP Global Rising Dividends Tactical BRI12.6711.46
INTECH Global Low Volatility11.7311.34
Federated Global Strategic Value Div MA13.3610.64
Acadian Global Managed Volatility Eq Cmp10.7510.32
Investec Global Franchise Composite11.0910.27
SP Global Rising Dividends BRI11.669.94
Capstone Global Equity Income9.549.08
Analytic Investors Global Low Volatility9.198.93
Source: Morningstar Separate Account/CIT Fund Database

World Stock5 year gross return5 year net return
Deutsche Global Infrastructure Sec Comp12.2011.68
Franchise Partners - Global Equity12.5311.64
Brandes Global Small Cap Eq12.3511.34
DSM Global Focus Equity12.3911.32
Mittleman Global Value12.5110.87
Morgan Stanley Global Opportunity12.2210.73
Jennison Global Infrastructure11.1910.55
Investec Global Franchise Composite11.3110.49
WCM Quality Global Growth11.1310.45
Burgundy Global (ex Canada) Eq Cmpst11.5210.41
Source: Morningstar Separate Account/CIT Fund Database

Foreign Large Value1 year gross return1 year net return
Acadian ADR Non-U.S. Equity Composite2.031.27
WisdomTree Global High Dividend Fund-0.55-0.55
Acadian Non-US ADR Eq (Model/Envestnet)0.94-0.61
Acadian Non-U.S. Concentrated Eq Compst0.28-0.64
Logan International Dividend ADR-0.67-1.11
Federated Intl Strat Val Div ADR MA1.12-1.15
Federated Intl SVD ADR MA w MAPS1.33-1.17
T. Rowe Price Intl Concentrated Equity-1.61-2.20
Acadian Non-U.S. Equity Composite-2.23-2.95
W.E. Donoghue Power Div International-3.64-3.64
Source: Morningstar Separate Account/CIT Fund Database

Foreign Large Value5 year gross return5 year net return
Acadian ADR Non-U.S. Equity Composite11.1110.27
Acadian Non-US ADR Eq (Model/Envestnet)8.346.63
T. Rowe Price Intl Concentrated Equity6.565.90
BMO Disciplined International Equity6.005.18
Logan International Dividend ADR5.204.87
TS&W International Equity4.704.33
Acadian Non-U.S. Equity Composite4.824.03
ClariVest International Core4.673.87
Delaware Investments Intl Eq ADR (SMA)3.823.78
Systematic International Equity4.433.51
Source: Morningstar Separate Account/CIT Fund Database

Foreign Large Blend1 year gross return1 year net return
Zevin SRI/ESG Global Equity7.036.51
MFSˆ® International Val Eq6.305.51
Euclid Prime ETF3.842.87
Fiduciary Mgt of Milwaukee Intl Comp1.701.02
CS Canada Portfolio-0.14-1.63
Greenfield Seitz International Large Cap-1.84-2.48
Pyrford International Equity-1.98-2.68
Tocqueville Asset Mgt Intl Multi Cap Eq-2.04-2.99
Parametric International Equity-2.78-3.45
Aristotle International Equity-3.21-3.66
Source: Morningstar Separate Account/CIT Fund Database

Foreign Large Blend5 year gross return5 year net return
Fiduciary Mgt of Milwaukee Intl Comp10.509.69
MFSˆ® International Val Eq10.139.31
Artisan Non-U.S. Value7.686.68
Lazard Intl Equity ex-Emerging Markets5.765.48
Navigator International Equity ADR6.515.35
WellsCap EverKey Focused Global Equity6.285.23
Lazard International Equity Plus5.305.05
SGA Intl Large Cap Core ADR6.005.00
SGA International All Cap Core Equity5.904.85
Polaris Capital Mgt Polaris Intl Eq5.464.84
Source: Morningstar Separate Account/CIT Fund Database

Foreign Large Growth1 year gross return1 year net return
Burgundy EAFE Composite8.017.20
Wellington Global Dividend Growth6.976.16
Dorsey Wright Sys Reltv Strength Intl5.283.69
WCM Inv Mgt Focused Growth Intl3.883.26
MCM International Equity4.293.12
Eagle Ridge Intl. Multi Cap Equity- Core3.412.90
WCM Focused Growth International ADR3.002.12
Vontobel Asset Mgt Intl Eq2.411.72
Cornerstone Fundamental Intl Equity0.33-0.18
Harding Loevner EAFE Equity-0.41-0.99
Source: Morningstar Separate Account/CIT Fund Database

Foreign Large Growth5 year gross return5 year net return
Dorsey Wright Sys Reltv Strength Intl12.7510.94
Wellington International Quality Growth9.798.97
Burgundy EAFE Composite9.748.93
Wellington Global Dividend Growth8.397.58
Morgan Stanley International Advantage8.487.09
Lazard Intl Strategic Eq (ACW ex-U.S.)7.366.67
WCM Inv Mgt Focused Growth Intl6.916.17
Brown Capital International Equity Svc6.635.93
Financial Trust Intl ValueMomentum7.055.73
WCM Focused Growth International ADR6.255.45
Source: Morningstar Separate Account/CIT Fund Database

Foreign Small/Mid Value1 year gross return1 year net return
First Eagle International Value Equity2.952.18
Brandes International Small Cap Eq1.861.02
Brandes International Sm-Mid Cap Equity1.300.35
Acadian Non-U.S. Small-Cap Equity Compst0.12-0.63
Validea International Value-1.20-2.85
Ativo International Developed-2.23-2.95
AQR Capital International Small Cap-2.13-3.11
SB&H International Small Cap-3.49-4.10
WisdomTree Internatl Small Cap Dividend-4.61-4.61
WellsCap Special Intl Small Cap Equity-3.68-4.64
Source: Morningstar Separate Account/CIT Fund Database

Foreign Small/Mid Value5 year gross return5 year net return
Brandes International Small Cap Eq8.227.30
SB&H International Small Cap7.797.27
Acadian Non-U.S. Small-Cap Equity Compst7.646.83
Brandes International Sm-Mid Cap Equity7.326.20
GlobeFlex International Micro Cap Cmpst7.126.16
ClearBridge International Small Cap7.136.07
Wellington Intl Contrarian Value6.465.56
The Boston International Small Cap Eq6.505.53
AQR Capital International Small Cap6.355.30
WisdomTree Internatl Small Cap Dividend5.135.13
Source: Morningstar Separate Account/CIT Fund Database

Foreign Small/Mid Growth1 year gross return1 year net return
Arbor Capital International Small Cap4.697.43
Expedition Intl Micro Cap Comp9.017.38
Axiom Int. Small Cap Equity Composite7.666.64
Expedition Intl SMID Cap Comp6.375.36
EAM International Micro Cap6.564.98
Wasatch Int'l Micro Cap Composite6.784.79
Brown Capital Intl Small Company Service5.114.74
Oberweis Intl Opportunities2.851.85
TimesSquare International Small Cap2.191.18
Wasatch Int’l Small Cap Growth Composite2.071.04
Source: Morningstar Separate Account/CIT Fund Database

Foreign Small/Mid Growth5 year gross return5 year net return
Oberweis Intl Opportunities14.1913.09
OFI Global International Small-Mid Cap12.4011.42
EAM International Small Cap11.7110.63
Baring International Small Cap Equity10.169.25
Wasatch Int'l Micro Cap Composite11.319.18
Expedition Intl Micro Cap Comp10.168.72
Wasatch Int’l Small Cap Growth Composite9.528.32
T. Rowe Price International Small-Cap Eq7.646.63
Lazard International Small Cap7.656.53
Copper Rock International Small Cap7.576.50
Source: Morningstar Separate Account/CIT Fund Database

Latin America Stock1 year gross return1 year net return
Financial Trust Latin Value Momentum11.9510.57
Aberdeen Latin American Equity3.522.49
T. Rowe Price Latin America Equity1.800.95
Morgan Stanley Latin America Equity-5.21-5.59
Source: Morningstar Separate Account/CIT Fund Database

Latin America Stock5 year gross return5 year net return
Financial Trust Latin Value Momentum4.463.17
Aberdeen Latin American Equity-6.37-7.37
Morgan Stanley Latin America Equity-8.37-8.71
T. Rowe Price Latin America Equity-8.29-9.08
Source: Morningstar Separate Account/CIT Fund Database

Europe Stock1 year gross return1 year net return
Burgundy European Equity Composite5.554.50
Vontobel Asset Mgt European Equity2.571.79
Pyrford European Equity0.03-0.68
Wellington Strategic European Equity-0.88-1.64
Baillie Gifford Europe ex-UK Equities-1.13-1.77
Acadian European Equity Composite-2.09-2.82
T. Rowe Price Europe Smaller Comp Equity-2.14-2.88
FIAM Europe Growth Composite-3.13-3.90
International Tortue Capital-3.23-4.17
Baillie Gifford Pan-European Equities-4.28-4.91
Source: Morningstar Separate Account/CIT Fund Database

Europe Stock5 year gross return5 year net return
INTECH European Large Cap Core10.479.89
Numeric Investors Europe Core9.788.99
LA Capital Europe Equity9.298.59
Burgundy European Equity Composite9.218.14
Wellington Strategic European Equity8.167.36
T. Rowe Price Europe Smaller Comp Equity7.766.96
International Tortue Capital7.436.41
Vontobel Asset Mgt European Equity7.226.21
Baillie Gifford Europe ex-UK Equities6.335.64
Pictet Small Cap European Core Comp6.045.30
Source: Morningstar Separate Account/CIT Fund Database

Japan Stock1 year gross return1 year net return
Burgundy Focus Asian Composite7.897.08
Burgundy Asian (All Cap) Composite7.586.51
T. Rowe Price Japan Equity5.945.34
Aberdeen Japanese Equity2.131.48
Brandes Japan Equity2.321.46
DaiwaSB Japan Eq Small Cap GARP1.360.65
DaiwaSB Japan Eq MidSm Cap GARP0.60-0.10
Tradewinds Japan Equity-1.80-2.59
Acadian Japanese Equity Composite-2.54-3.26
MFSˆ® Japan Equity-3.37-4.02
Source: Morningstar Separate Account/CIT Fund Database

Japan Stock5 year gross return5 year net return
DaiwaSB Japan Eq MidSm Cap GARP12.0211.25
Burgundy Focus Asian Composite10.789.95
DaiwaSB Japan Eq Small Cap GARP10.419.71
Burgundy Asian (All Cap) Composite10.519.42
T. Rowe Price Japan Equity9.298.65
Aberdeen Japanese Equity9.418.58
Baillie Gifford Japanese All Cap9.178.48
Acadian Japanese Equity Composite8.417.61
Brandes Japan Equity7.927.06
MFSˆ® Japan Equity7.416.69
Source: Morningstar Separate Account/CIT Fund Database

Pacific/Asia ex-Japan Stk1 year gross return1 year net return
Brandes Asia Pacific ex-Japan Equity-1.67-2.59
MFSˆ® Asia Pacific ex Japan-4.65-5.37
Newton Capital Mgt Pacific Bas ex Jap Eq-4.93-5.56
MFSˆ® Asia ex Japan Equity-6.16-6.81
T. Rowe Price Asia ex-Japan Equity-7.35-8.13
Havenport (Developed Asia) - Composite-7.46-8.91
Pyrford Pacific Basin ex Japan Equity-8.34-9.10
Morgan Stanley Asia Pacific Equity-9.09-9.95
Putnam Asia Pacific ex-Japan Equity Comp-9.63-10.55
FIIG Asia ex-Japan Equity-9.62-10.80
Source: Morningstar Separate Account/CIT Fund Database

Pacific/Asia ex-Japan Stk5 year gross return5 year net return
Brandes Asia Pacific ex-Japan Equity6.615.51
Baillie Gifford Asia ex Japan Equities4.003.30
T. Rowe Price Asia ex-Japan Equity2.361.50
Morgan Stanley Asia Equity1.521.26
MFSˆ® Asia ex Japan Equity1.761.00
PGI Asia ex-Japan Equity1.300.80
MFSˆ® Asia Pacific ex Japan1.460.70
Investec 4Factor Asia Pacific ex Jap Eq1.150.48
Morgan Stanley Asia Pacific Equity0.940.24
Allianz Total Return Asia Equity2.110.20
Source: Morningstar Separate Account/CIT Fund Database

Diversified Pacific/Asia1 year gross return1 year net return
Denver Inv International Small-Cap-0.57-1.80
Denver Inv Concentrated Intl Small-Cap-2.03-3.25
Pyrford Intl Plc Asia Pacific Equity-5.42-6.21
Horizon Asia Institutional-5.48-6.43
WellsCap SF Global Asia Pacific Equity-8.39-9.13
Sit Inv Pac Basin-8.48-9.31
ZPR All Asian-12.34-13.44
Laffer Investments Glbl Equity Composite-13.27-14.06
Templeton Asia Pacific Eq-13.62-14.16
John Hsu Capital Intl Top-Down Eq-14.68-15.39
Source: Morningstar Separate Account/CIT Fund Database

Diversified Pacific/Asia5 year gross return5 year net return
Horizon Asia Institutional8.567.48
ZPR All Asian8.507.07
WellsCap SF Global Asia Pacific Equity5.514.67
Denver Inv Concentrated Intl Small-Cap4.413.12
Templeton Asia Pacific Eq2.902.37
Pyrford Intl Plc Asia Pacific Equity2.832.25
Denver Inv International Small-Cap3.482.18
Sit Inv Pac Basin1.730.82
Laffer Investments Glbl Equity Composite1.630.71
John Hsu Capital Intl Top-Down Eq0.850.05
Source: Morningstar Separate Account/CIT Fund Database

Diversified Emerging Mkts1 year gross return1 year net return
WGI Emerging Markets Smaller Companies6.475.09
FIAM Emerging Markets All Cap2.202.20
Burgundy Emerging Markets1.321.31
Vontobel Asset Mgt Emg Mkts Eq-0.33-1.17
RBC Emerging Markets Small Cap Equity-0.10-1.25
JP Morgan GEM Discovery-1.42-1.42
Morgan Stanley Emerging Markets Leaders-0.08-1.56
WCM Inv Mgt Emerging Markets-1.94-2.37
Brandes Emerging Markets Equity-1.98-2.74
Lazard Dev Mkts Eq Select ADR/GDR (Qual)-2.47-3.38
Source: Morningstar Separate Account/CIT Fund Database

Diversified Emerging Mkts5 year gross return5 year net return
Acadian Frontier Markets Equity Compst7.515.93
Financial Trust Asia ValueMomentum5.464.16
Morgan Stanley Frontier Emerging Markets6.144.14
FIAM Emerging Markets All Cap3.793.79
Baron Emerging Markets Strategy4.213.62
Burgundy Emerging Markets3.223.21
Vontobel Asset Mgt Far East Equity4.312.64
Numeric Investors Emerging Markets Alpha3.722.58
Aberdeen Frontier Markets Equity3.952.40
Expedition EMSC Equity Comp3.292.30
Source: Morningstar Separate Account/CIT Fund Database

Global Real Estate1 year gross return1 year net return
Heitman Global Diversified Rental18.6217.92
LaSalle Core GRES18.1017.28
Duff&Phelps Glbl Real Estate Securities17.2416.31
LaSalle Global Real Estate Securities15.4414.64
Global REIT Income Preference14.7213.96
Global Real Estate Securities14.1113.50
CenterSquare Global REIT13.7413.25
AEW Global Diversified REIT (EPRA)13.3412.80
Delaware Global Real Estate Securities13.0212.51
Heitman Global Focused Developed12.5912.22
Source: Morningstar Separate Account/CIT Fund Database

Global Real Estate5 year gross return5 year net return
PGI Core Real Estate Property13.4712.20
Morgan Stanley Glbl Infrastructure Sec12.2711.04
Heitman Global Diversified Rental10.9410.29
Duff&Phelps Glbl Real Estate Securities10.9410.05
Global REIT Income Preference10.6910.01
Gbl Rl Estate Secs Alpha10.609.72
Adelante Global Strategy Composite10.029.35
Heitman Global Diversified Developed9.599.27
Heitman Global Focused Developed9.649.19
PGI Global Real Estate Securities9.759.16
Source: Morningstar Separate Account/CIT Fund Database

World Bond1 year gross return1 year net return
Federated NonUS FI (Unhedged) Comp13.7713.27
Western Asset Mgt UK Core Full13.5513.22
Baring International Fixed Income12.7812.17
UBS: Global Sovereign12.1612.04
AB Global ex-US Plus FI12.4111.85
Goldman Sachs Global Fixed Income11.6511.41
Wellington Global Bond Unhedged11.6511.26
UBS: Global (ex-US) Bond11.4311.01
Prudential Global Aggregate Plus11.0710.68
Logan Circle International Fixed Income10.9110.48
Source: Morningstar Separate Account/CIT Fund Database

World Bond5 year gross return5 year net return
Western Asset Mgt UK Core Full8.728.44
GMO Currency Hedged Int’l Bond Strategy8.598.15
Goldman Sachs European Fix-Inc (Eur Agg)7.437.14
PIMCO Non US Hedged7.476.96
Standish Euro Core Plus Fixed Income6.746.53
Western Asset Mgt Euro Core Full Discr6.736.49
OFI Global Cat Bond7.696.14
PIMCO Global Aggregate Hedged6.375.98
Western Asset Mgt Glbl Core Full Discr6.315.94
PIMCO Global Government Hedged6.265.78
Source: Morningstar Separate Account/CIT Fund Database

High Yield Bond1 year gross return1 year net return
Spectrum Dynamic HY Bond Strategy11.449.34
Clark Navigator FI Total Return (SAI)8.598.21
Clark Navigator Fixed Income TR8.598.21
Eagle Core Plus Fixed Income7.047.01
Optimus Tactical High Yield6.065.53
Oaktree European High Yield Bonds5.344.81
Braver Tactical High Income5.684.64
Denver Inv High Yield Fixed Income5.104.62
Quartz Partners High Yield Legacy6.164.08
Horizon High Yield Opportunity Instl4.733.69
Source: Morningstar Separate Account/CIT Fund Database

High Yield Bond5 year gross return5 year net return
TCW Opportunistic MBS10.289.51
FIAM High Yield CMBS Composite8.627.82
NCRAM Hi Yld Tol Ret Instl (HYTRIC)8.267.73
Oaktree European High Yield Bonds8.117.58
Federated Opportunistic High Yield Comp7.997.46
Babson High Yield7.937.34
Strategic Income Mmgt SiM High Yld Instl7.777.31
DDJ Total Return Credit I Composite8.697.23
Ryan Labs High Yield7.357.02
Aviva Global High Yield USD7.076.63
Source: Morningstar Separate Account/CIT Fund Database

Intermediate Government1 year gross return1 year net return
Federated Govt Credit w MAPS MA7.346.17
Federated Govt Credit no MAPS MA7.286.11
Delaware Aggregate Dur US Govt (SMA)6.096.01
Northern Trust Government Index6.095.92
Chicago Equity Core Fix-Inc6.185.91
Great Lakes Core Govmt Only Fix-Inc5.945.86
M.D. Sass Core Fix-Inc5.985.69
Amalgamated Bank Intermediate Duration5.475.20
Ryan Labs LDI Interm Duration 3-55.374.98
Semper Active Mortgage-Backed Securities5.114.82
Source: Morningstar Separate Account/CIT Fund Database

Intermediate Government5 year gross return5 year net return
Semper Active Mortgage-Backed Securities6.055.71
Columbia US Government Mortgage4.454.07
M.D. Sass Core Fix-Inc3.983.69
Great Lakes Core Govmt Only Fix-Inc3.633.49
Delaware Aggregate Dur US Govt (SMA)3.453.44
Federated Govt Credit w MAPS MA4.823.35
Chicago Equity Core Fix-Inc3.603.34
Northern Trust Government Index3.453.30
Federated Govt Credit no MAPS MA4.663.19
FIAM Mortgage-Backed Securities3.473.19
Source: Morningstar Separate Account/CIT Fund Database

Intermediate-Term Bond1 year gross return1 year net return
EARNEST Fixed Income Long Duration19.1418.72
EARNEST Fixed Income Core Plus10.3910.00
EARNEST Core Fix-Inc9.899.53
Herzfeld Taxable Closed-End Bond9.738.91
Seix Corporate Bond Mgmt8.398.06
Garcia Fix-Inc Government/Credit8.077.85
WEDGE Core Govt/Corp Fixed Income8.027.64
Belle Haven Taxable PLUS7.837.44
Morgan Stanley Core Plus Fix-Inc8.047.34
AB US Investment Grade Corporates7.757.33
Source: Morningstar Separate Account/CIT Fund Database

Intermediate-Term Bond5 year gross return5 year net return
Flaherty & Crumrine Separate Mgd Account8.818.29
Spectrum Preferred Securities7.827.54
EARNEST Fixed Income Long Duration7.336.95
FFTW Mortgage - Unconstrained6.286.02
WellsCap Premier Income I6.185.84
OFI Global Core Plus Bond6.125.84
Garcia Fix-Inc Government/Credit5.965.71
AB US Investment Grade Corporates5.915.53
Manulife AM US Core Plus Fixed Income5.845.53
PIMCO Global Invstm Grade Corporate6.015.52
Source: Morningstar Separate Account/CIT Fund Database

Short Government1 year gross return1 year net return
BlackRock Mortgage4.594.33
Capital Group PCS Core Bond Composite4.373.85
TDAM Intermediate Govt Bond SMA4.043.78
JPMorgan Interm Govt Bond Style4.023.71
Sit Inv Short Dur Strat4.013.60
M.D. Sass 3-Year FI3.963.59
PNC Cap Adv Intermediate U.S. Governemnt3.713.45
Federated Short-Inter. US Govt FI Comp3.102.74
Madison Interm Government Bond SA2.412.41
Garcia Hamilton Fix-Inc Short Dur2.422.30
Source: Morningstar Separate Account/CIT Fund Database

Short Government5 year gross return5 year net return
Sit Inv Short Dur Strat3.162.75
M.D. Sass 3-Year FI2.942.59
JPMorgan Interm Govt Bond Style2.562.29
Capital Group PCS Core Bond Composite2.952.24
TDAM Intermediate Govt Bond SMA2.342.08
PNC Cap Adv Intermediate U.S. Governemnt2.201.93
Madison Interm Government Bond SA1.661.64
Federated Short-Inter. US Govt FI Comp1.811.49
Garcia Hamilton Fix-Inc Short Dur1.581.45
MPI Inv Mgt US Fix-Inc1.961.45
Source: Morningstar Separate Account/CIT Fund Database

Short-Term Bond1 year gross return1 year net return
Waddell & Reed Core Fixed Income7.196.59
Ryan Labs Government/Credit6.596.27
AT Capital Management Interm Bd5.014.81
Cleary Gull Core Plus Tax Aware5.204.79
PIMCO Mortgage Unconstrained5.044.76
JPMorgan MBS Bond (Columbus)4.704.50
Richmond Capital Mgt Interm/Defensive4.624.45
TJIM Interm Fixed Income4.974.39
Wellington Intermediate Bond4.694.37
Richmond Capital Mgt Interm Aggregate4.574.32
Source: Morningstar Separate Account/CIT Fund Database

Short-Term Bond5 year gross return5 year net return
McDonnell 1-3 Year Gov Credit Bond1.0593.36
Post Limited Term High Yield Comp5.604.92
Ryan Labs Government/Credit4.574.25
Alpha Bonds Strategy6.284.19
WellsCap Intermediate Premier FI4.464.13
JPMorgan MBS Bond (Columbus)4.043.80
Thornburg Limited Term Income Strategy4.143.74
TCW Strategic Income5.423.72
Morgan Stanley U.S. Mortgage3.823.68
Dodge & Cox Intermediate FI Composite3.933.59
Source: Morningstar Separate Account/CIT Fund Database

Ultrashort Bond1 year gross return1 year net return
First Quadrant Tact Curr Alloc L/S USD6.135.83
Western Asset Mgt US Index Plus4.874.48
TCW Alpha Trak5.103.96
FIAM Leveraged Loan Composite4.373.96
FFTW Mortgage Alpha3.412.90
DBF Short Duration Govt/Agency1.511.21
Advantus Ultra Short Duration1.361.20
Federated Alternative BearGlobal FI Comp2.691.15
Logan Circle Enhanced Cash1.241.11
RIM Enh Csh Bd Opportunity Portfolio1.061.06
Source: Morningstar Separate Account/CIT Fund Database

Ultrashort Bond5 year gross return5 year net return
Western Asset Mgt US Index Plus13.0112.68
TCW Alpha Trak12.9212.66
FIAM Leveraged Loan Composite5.685.18
FFTW Mortgage Alpha4.413.91
First Quadrant Tact Curr Alloc L/S USD1.891.68
Western Asset Mgt US Enhanced Cash1.581.40
PIMCO Short Term1.641.24
TCW Ultra Short1.431.24
Federated Active Cash Broad FI Composite1.300.99
DBF Short Duration Govt/Agency1.120.94
Source: Morningstar Separate Account/CIT Fund Database

Long Government1 year gross return1 year net return
NISA 15+ STRIPS Fixed Income Composite28.9828.69
NISA Long Dur Govt Only Consolidated24.4124.14
Hoisington Inv Mgt Macroeconomic FI Comp21.2821.02
Hillswick Long Duration Government20.8020.44
PIMCO Long Duration Treasury19.5218.94
Camden Long Duration (US Corporate) Comp18.1516.82
JPMorgan Long Govt/Credit(Corporate-Foc)15.5415.25
JPMorgan Long Govt/Credit Plus15.4713.61
JKMAM Active Aggregate5.895.74
Source: Morningstar Separate Account/CIT Fund Database

Long Government5 year gross return5 year net return
NISA 15+ STRIPS Fixed Income Composite15.9515.69
NISA Long Dur Govt Only Consolidated14.5414.28
Hoisington Inv Mgt Macroeconomic FI Comp12.8612.62
Hillswick Long Duration Government11.7111.40
PIMCO Long Duration Treasury10.389.85
JPMorgan Long Govt/Credit(Corporate-Foc)9.509.19
JPMorgan Long Govt/Credit Plus9.618.96
JKMAM Active Aggregate3.823.64
Camden Long Duration (US Corporate) Comp0.000.00
Source: Morningstar Separate Account/CIT Fund Database

Long-Term Bond1 year gross return1 year net return
Ryan Labs Long Government19.4119.06
Camden Long Duration (Govt/Credit) Comp18.9918.09
Capital Group Long Dur Govnmt/Credit17.3016.95
NISA Long Dur Gov/Credit Consolidated17.0316.77
Denver Inv Liability-Driven Investing17.0316.50
Wellington Long Bond16.7816.46
Jennison Active Long Gov/Credit16.6516.45
Ryan Labs Long Government/Credit16.8016.45
Capital Group Long Dur Govt/Credit+ Comp16.7216.38
Denver Inv Long-Term Fixed Income16.7716.25
Source: Morningstar Separate Account/CIT Fund Database

Long-Term Bond5 year gross return5 year net return
Logan Circle Long Duration10.8010.44
Western Asset Mgt US Long Duration10.6710.32
NISA Long Dur Gov/Credit Consolidated10.5210.27
Ryan Labs Long Government10.5210.18
Reams Long Duration Fixed Income10.2710.10
Schroders Value Long Duration10.119.89
Loomis Sayles Long Dur Government/Credit10.079.86
Capital Group Long Dur Govnmt/Credit10.129.77
PIMCO Long Term Bond - Long Credit10.059.73
Ryan Labs Long Government/Credit9.939.60
Source: Morningstar Separate Account/CIT Fund Database

Multisector Bond1 year gross return1 year net return
FIAM Investment Grade Credit9.248.94
Voya GPMM Income ETF7.817.54
Ryan Labs LDI Core Duration 5-77.937.53
BlackRock Target Income Aggressive ETF7.187.18
Guggenheim Fixed Income7.306.95
NewSquare ETF Taxable Bond7.666.50
BlackRock Target Income High ETF6.326.32
FIAM Broad Market Duration Composite6.386.09
FIAM Tactical Bond6.426.00
PCM Income Opportunity Fund6.265.99
Source: Morningstar Separate Account/CIT Fund Database

Multisector Bond5 year gross return5 year net return
PIMCO Income Composite8.648.11
TCW Securitized Opportunities8.036.96
Guggenheim Fixed Income7.196.84
FIAM Tactical Bond7.016.58
RSA Unconstrained Bond Strategy7.116.58
FIAM Investment Grade Credit5.955.66
Loomis Sayles Multi-Sector Full Discretn5.675.34
Thornburg Multisector Opportunistic Stra5.745.02
Manulife AM Strategic Fixed Income Opp5.414.98
Columbia Strategic Income Allocation5.364.73
Source: Morningstar Separate Account/CIT Fund Database

High Yield Bond1 year gross return1 year net return
Spectrum Dynamic HY Bond Strategy11.449.34
Clark Navigator FI Total Return (SAI)8.598.21
Clark Navigator Fixed Income TR8.598.21
Eagle Core Plus Fixed Income7.047.01
Optimus Tactical High Yield6.065.53
Oaktree European High Yield Bonds5.344.81
Braver Tactical High Income5.684.64
Denver Inv High Yield Fixed Income5.104.62
Quartz Partners High Yield Legacy6.164.08
Horizon High Yield Opportunity Instl4.733.69
Source: Morningstar Separate Account/CIT Fund Database

High Yield Bond5 year gross return5 year net return
TCW Opportunistic MBS10.289.51
FIAM High Yield CMBS Composite8.627.82
NCRAM Hi Yld Tol Ret Instl (HYTRIC)8.267.73
Oaktree European High Yield Bonds8.117.58
Federated Opportunistic High Yield Comp7.997.46
Babson High Yield7.937.34
Strategic Income Mmgt SiM High Yld Instl7.777.31
DDJ Total Return Credit I Composite8.697.23
Ryan Labs High Yield7.357.02
Aviva Global High Yield USD7.076.63
Source: Morningstar Separate Account/CIT Fund Database

Intermediate Government1 year gross return1 year net return
Federated Govt Credit w MAPS MA7.346.17
Federated Govt Credit no MAPS MA7.286.11
Delaware Aggregate Dur US Govt (SMA)6.096.01
Northern Trust Government Index6.095.92
Chicago Equity Core Fix-Inc6.185.91
Great Lakes Core Govmt Only Fix-Inc5.945.86
M.D. Sass Core Fix-Inc5.985.69
Amalgamated Bank Intermediate Duration5.475.20
Ryan Labs LDI Interm Duration 3-55.374.98
Semper Active Mortgage-Backed Securities5.114.82
Source: Morningstar Separate Account/CIT Fund Database

Intermediate Government5 year gross return5 year net return
Semper Active Mortgage-Backed Securities6.055.71
Columbia US Government Mortgage4.454.07
M.D. Sass Core Fix-Inc3.983.69
Great Lakes Core Govmt Only Fix-Inc3.633.49
Delaware Aggregate Dur US Govt (SMA)3.453.44
Federated Govt Credit w MAPS MA4.823.35
Chicago Equity Core Fix-Inc3.603.34
Northern Trust Government Index3.453.30
Federated Govt Credit no MAPS MA4.663.19
FIAM Mortgage-Backed Securities3.473.19
Source: Morningstar Separate Account/CIT Fund Database

Intermediate-Term Bond1 year gross return1 year net return
EARNEST Fixed Income Long Duration19.1418.72
EARNEST Fixed Income Core Plus10.3910.00
EARNEST Core Fix-Inc9.899.53
Herzfeld Taxable Closed-End Bond9.738.91
Seix Corporate Bond Mgmt8.398.06
Garcia Fix-Inc Government/Credit8.077.85
WEDGE Core Govt/Corp Fixed Income8.027.64
Belle Haven Taxable PLUS7.837.44
Morgan Stanley Core Plus Fix-Inc8.047.34
AB US Investment Grade Corporates7.757.33
Source: Morningstar Separate Account/CIT Fund Database

Intermediate-Term Bond5 year gross return5 year net return
Flaherty & Crumrine Separate Mgd Account8.818.29
Spectrum Preferred Securities7.827.54
EARNEST Fixed Income Long Duration7.336.95
FFTW Mortgage - Unconstrained6.286.02
WellsCap Premier Income I6.185.84
OFI Global Core Plus Bond6.125.84
Garcia Fix-Inc Government/Credit5.965.71
AB US Investment Grade Corporates5.915.53
Manulife AM US Core Plus Fixed Income5.845.53
PIMCO Global Invstm Grade Corporate6.015.52
Source: Morningstar Separate Account/CIT Fund Database

Short Government1 year gross return1 year net return
BlackRock Mortgage4.594.33
Capital Group PCS Core Bond Composite4.373.85
TDAM Intermediate Govt Bond SMA4.043.78
JPMorgan Interm Govt Bond Style4.023.71
Sit Inv Short Dur Strat4.013.60
M.D. Sass 3-Year FI3.963.59
PNC Cap Adv Intermediate U.S. Governemnt3.713.45
Federated Short-Inter. US Govt FI Comp3.102.74
Madison Interm Government Bond SA2.412.41
Garcia Hamilton Fix-Inc Short Dur2.422.30
Source: Morningstar Separate Account/CIT Fund Database

Short Government5 year gross return5 year net return
Sit Inv Short Dur Strat3.162.75
M.D. Sass 3-Year FI2.942.59
JPMorgan Interm Govt Bond Style2.562.29
Capital Group PCS Core Bond Composite2.952.24
TDAM Intermediate Govt Bond SMA2.342.08
PNC Cap Adv Intermediate U.S. Governemnt2.201.93
Madison Interm Government Bond SA1.661.64
Federated Short-Inter. US Govt FI Comp1.811.49
Garcia Hamilton Fix-Inc Short Dur1.581.45
MPI Inv Mgt US Fix-Inc1.961.45
Source: Morningstar Separate Account/CIT Fund Database

Short-Term Bond1 year gross return1 year net return
Waddell & Reed Core Fixed Income7.196.59
Ryan Labs Government/Credit6.596.27
AT Capital Management Interm Bd5.014.81
Cleary Gull Core Plus Tax Aware5.204.79
PIMCO Mortgage Unconstrained5.044.76
JPMorgan MBS Bond (Columbus)4.704.50
Richmond Capital Mgt Interm/Defensive4.624.45
TJIM Interm Fixed Income4.974.39
Wellington Intermediate Bond4.694.37
Richmond Capital Mgt Interm Aggregate4.574.32
Source: Morningstar Separate Account/CIT Fund Database

Short-Term Bond5 year gross return5 year net return
McDonnell 1-3 Year Gov Credit Bond1.0593.36
Post Limited Term High Yield Comp5.604.92
Ryan Labs Government/Credit4.574.25
Alpha Bonds Strategy6.284.19
WellsCap Intermediate Premier FI4.464.13
JPMorgan MBS Bond (Columbus)4.043.80
Thornburg Limited Term Income Strategy4.143.74
TCW Strategic Income5.423.72
Morgan Stanley U.S. Mortgage3.823.68
Dodge & Cox Intermediate FI Composite3.933.59
Source: Morningstar Separate Account/CIT Fund Database

Ultrashort Bond1 year gross return1 year net return
First Quadrant Tact Curr Alloc L/S USD6.135.83
Western Asset Mgt US Index Plus4.874.48
TCW Alpha Trak5.103.96
FIAM Leveraged Loan Composite4.373.96
FFTW Mortgage Alpha3.412.90
DBF Short Duration Govt/Agency1.511.21
Advantus Ultra Short Duration1.361.20
Federated Alternative BearGlobal FI Comp2.691.15
Logan Circle Enhanced Cash1.241.11
RIM Enh Csh Bd Opportunity Portfolio1.061.06
Source: Morningstar Separate Account/CIT Fund Database

Ultrashort Bond5 year gross return5 year net return
Western Asset Mgt US Index Plus13.0112.68
TCW Alpha Trak12.9212.66
FIAM Leveraged Loan Composite5.685.18
FFTW Mortgage Alpha4.413.91
First Quadrant Tact Curr Alloc L/S USD1.891.68
Western Asset Mgt US Enhanced Cash1.581.40
PIMCO Short Term1.641.24
TCW Ultra Short1.431.24
Federated Active Cash Broad FI Composite1.300.99
DBF Short Duration Govt/Agency1.120.94
Source: Morningstar Separate Account/CIT Fund Database

Long Government1 year gross return1 year net return
NISA 15+ STRIPS Fixed Income Composite28.9828.69
NISA Long Dur Govt Only Consolidated24.4124.14
Hoisington Inv Mgt Macroeconomic FI Comp21.2821.02
Hillswick Long Duration Government20.8020.44
PIMCO Long Duration Treasury19.5218.94
Camden Long Duration (US Corporate) Comp18.1516.82
JPMorgan Long Govt/Credit(Corporate-Foc)15.5415.25
JPMorgan Long Govt/Credit Plus15.4713.61
JKMAM Active Aggregate5.895.74
Source: Morningstar Separate Account/CIT Fund Database

Long Government5 year gross return5 year net return
NISA 15+ STRIPS Fixed Income Composite15.9515.69
NISA Long Dur Govt Only Consolidated14.5414.28
Hoisington Inv Mgt Macroeconomic FI Comp12.8612.62
Hillswick Long Duration Government11.7111.40
PIMCO Long Duration Treasury10.389.85
JPMorgan Long Govt/Credit(Corporate-Foc)9.509.19
JPMorgan Long Govt/Credit Plus9.618.96
JKMAM Active Aggregate3.823.64
Camden Long Duration (US Corporate) Comp0.000.00
Source: Morningstar Separate Account/CIT Fund Database

Long-Term Bond1 year gross return1 year net return
Ryan Labs Long Government19.4119.06
Camden Long Duration (Govt/Credit) Comp18.9918.09
Capital Group Long Dur Govnmt/Credit17.3016.95
NISA Long Dur Gov/Credit Consolidated17.0316.77
Denver Inv Liability-Driven Investing17.0316.50
Wellington Long Bond16.7816.46
Jennison Active Long Gov/Credit16.6516.45
Ryan Labs Long Government/Credit16.8016.45
Capital Group Long Dur Govt/Credit+ Comp16.7216.38
Denver Inv Long-Term Fixed Income16.7716.25
Source: Morningstar Separate Account/CIT Fund Database

Long-Term Bond5 year gross return5 year net return
Logan Circle Long Duration10.8010.44
Western Asset Mgt US Long Duration10.6710.32
NISA Long Dur Gov/Credit Consolidated10.5210.27
Ryan Labs Long Government10.5210.18
Reams Long Duration Fixed Income10.2710.10
Schroders Value Long Duration10.119.89
Loomis Sayles Long Dur Government/Credit10.079.86
Capital Group Long Dur Govnmt/Credit10.129.77
PIMCO Long Term Bond - Long Credit10.059.73
Ryan Labs Long Government/Credit9.939.60
Source: Morningstar Separate Account/CIT Fund Database

Multisector Bond1 year gross return1 year net return
FIAM Investment Grade Credit9.248.94
Voya GPMM Income ETF7.817.54
Ryan Labs LDI Core Duration 5-77.937.53
BlackRock Target Income Aggressive ETF7.187.18
Guggenheim Fixed Income7.306.95
NewSquare ETF Taxable Bond7.666.50
BlackRock Target Income High ETF6.326.32
FIAM Broad Market Duration Composite6.386.09
FIAM Tactical Bond6.426.00
PCM Income Opportunity Fund6.265.99
Source: Morningstar Separate Account/CIT Fund Database

Multisector Bond5 year gross return5 year net return
PIMCO Income Composite8.648.11
TCW Securitized Opportunities8.036.96
Guggenheim Fixed Income7.196.84
FIAM Tactical Bond7.016.58
RSA Unconstrained Bond Strategy7.116.58
FIAM Investment Grade Credit5.955.66
Loomis Sayles Multi-Sector Full Discretn5.675.34
Thornburg Multisector Opportunistic Stra5.745.02
Manulife AM Strategic Fixed Income Opp5.414.98
Columbia Strategic Income Allocation5.364.73
Source: Morningstar Separate Account/CIT Fund Database

Inflation-Protected Bond1 year gross return1 year net return
FFTW Global Inflation Linked Bonds7.467.19
PIMCO Real Ret Asset Long Duration7.577.01
Franklin U.S. TIPS Composite5.625.49
BBH U.S. TIPS4.724.56
Northern Trust TIPS4.564.45
FFTW Inflation Linked Bonds U.S.4.584.37
Standish US TIPS4.434.32
IR+M TIPS4.384.27
American Century US Infl-Adj Bond4.664.21
Ryan Labs Inflation Index4.374.06
Source: Morningstar Separate Account/CIT Fund Database

Inflation-Protected Bond5 year gross return5 year net return
PIMCO Real Ret Asset Long Duration5.034.50
FFTW Global Inflation Linked Bonds4.594.33
Franklin U.S. TIPS Composite3.453.31
BBH U.S. TIPS3.052.90
Standish Global TIPS2.862.77
FFTW Inflation Linked Bonds U.S.2.902.69
Standish US TIPS2.722.64
Northern Trust TIPS2.712.60
BlackRock TIPS (Treasury Infl-Protected)2.682.52
BlackRock TIPS PLUS2.642.49
Source: Morningstar Separate Account/CIT Fund Database

Stable Value1 year gross return1 year net return
Standish Stable Value2.182.09
T. Rowe Price Stable Value2.181.93
Invesco Stable Value2.111.91
JPMorgan US FI Stable Value (NY)1.811.81
Fiduciary Capital Mgt FCM/GIC Stable Val1.961.69
Galliard Stable Value Composite1.991.58
Columbia Stable Value – Inv Grade Strat1.671.44
Columbia Stable Value – Government Strat1.341.14
Source: Morningstar Separate Account/CIT Fund Database

Stable Value5 year gross return5 year net return
T. Rowe Price Stable Value2.532.37
Standish Stable Value2.432.33
Fiduciary Capital Mgt FCM/GIC Stable Val2.472.19
Invesco Stable Value2.282.08
JPMorgan US FI Stable Value (NY)1.981.86
Galliard Stable Value Composite2.221.82
Columbia Stable Value – Inv Grade Strat1.721.52
Columbia Stable Value – Government Strat1.671.47
Source: Morningstar Separate Account/CIT Fund Database

Convertibles1 year gross return1 year net return
Cohen & Steers Preferred Securities7.936.89
W.E. Donoghue Power Dividend and Yield3.693.43
Zazove Inv. Grade Convertible Strategy3.343.34
Oaktree High Income Convertibles3.883.11
Laffer Investments Convertible Strategy3.472.31
Laffer Investments Convertible Inc Strat2.691.64
IRON Convertible Strategy2.321.60
MacKay Convertible SMA0.860.51
Camden Long Only Convertible Composite0.750.13
INCORE Inv Grade Convertibles Comp0.38-0.17
Source: Morningstar Separate Account/CIT Fund Database

Convertibles5 year gross return5 year net return
Cohen & Steers Preferred Securities9.528.54
SSI Inv Grade Convert Strat8.967.85
INCORE Inv Grade Convertibles Comp7.877.28
Camden Long Only Convertible Composite7.687.05
ClearBridge U.S. Convertibles7.476.83
Allianz Convertibles7.236.82
Zazove Inv. Grade Convertible Strategy6.436.43
SSI Outright Discretionary Convert Strat6.946.38
Gabelli Asset Mgt Convertibles Strategy7.046.27
MacKay Shields Convertibles6.756.23
Source: Morningstar Separate Account/CIT Fund Database

Emerging Markets Bond1 year gross return1 year net return
DCM Emerging Markets Debt14.1113.43
FIAM Emerging Market Debt Composite13.5112.78
T. Rowe Price Emerging Markets Bond11.9411.40
Wellington Emerging Markets Debt11.9111.24
Pictet Asset Mgt Emerging Markets Debt11.3111.06
Lazard EM Debt - Core11.3610.81
GMO Emerging Country Debt Strategy11.0910.30
Stone Harbor Emerging Markets Debt10.559.99
Prudential Fixed Inc Emerging Mkts Debt10.599.99
Aegon Emerging Markets - Glb Diversified9.899.35
Source: Morningstar Separate Account/CIT Fund Database

Emerging Markets Bond5 year gross return5 year net return
Global Evolution EM Debt7.628.85
GMO Emerging Country Debt Strategy9.188.38
Prudential Fixed Inc Emerging Mkts Debt7.747.10
Pictet Asset Mgt Emerging Markets Debt7.127.07
FIAM Emerging Market Debt Composite7.596.89
Global Evolution Frontier Markets7.976.88
Delaware Emerging Markets Debt7.246.68
Wellington Emerging Markets Debt7.106.46
Aegon Emerging Markets - Glb Diversified6.826.30
Invesco Emerging Market Corporate Bond6.886.20
Source: Morningstar Separate Account/CIT Fund Database

World Allocation1 year gross return1 year net return
PanAgora Risk Parity Multi Asset Plus12.019.77
Pyrford Global Absolute Return GBP9.468.87
CIFG Maxbalanced6.296.48
CIFG Sustainable Max Balanced5.825.72
Regalfolios ETF Income5.024.37
Strategies Conservative3.913.86
JAForlines Global Tactical Allocation3.623.62
iSectors Inflation Protected Allocation4.123.40
Deschutes Matisse Discounted CE Fd Stgy3.742.72
PIMCO StocksPlus2.912.67
Source: Morningstar Separate Account/CIT Fund Database

World Allocation5 year gross return5 year net return
PIMCO StocksPLUS Absolute Return13.6012.89
PIMCO RAE Fundamental PLUS13.7812.89
PIMCO StocksPlus12.9212.45
Morgan Stanley Glbl Tactical Asset Alloc7.637.33
PanAgora Risk Parity Multi Asset Plus9.057.09
FrontierAssetMgmt Focused Opportunities6.706.27
OBS Financial EFS 80/206.546.26
Russell TM Balanced Model Strategy5.905.90
OBS Financial EFS 70/305.965.68
MAP Balanced Composite6.645.60
Source: Morningstar Separate Account/CIT Fund Database

Conservative Allocation1 year gross return1 year net return
CVI Sanctuary Portfolio9.0210.53
Parametric Tax-Advantage Enhanced Income9.689.29
Parametric Enhanced Inc TaxAdv Core Comp9.439.03
ICON U.S. Income Portfolio8.697.92
Confluence Income and Growth9.367.86
SEI Tax-Managed ETF Moderate6.946.35
Parametric Liquid Alternative6.446.18
RNC Balanced Growth With Muni6.936.00
Natixis / AIA Mgd ETF - Inc. Cons6.895.83
RNC Balanced Income With Div Inc6.635.59
Source: Morningstar Separate Account/CIT Fund Database

Conservative Allocation5 year gross return5 year net return
Parametric Tax-Advantage Enhanced Income8.668.30
Saratoga Conservative Balanced7.937.93
RNC Balanced Growth With Muni8.337.38
Clark Navigator MultiStrategy 50-50(SAI)7.977.13
MCA Conservative Portfolios7.887.07
Confluence Income and Growth7.967.06
Copeland Large Cap Div Growth Balanced7.677.02
Parametric Enhanced Income7.326.95
Tocqueville Enhanced Income Composite7.656.64
New Frontier ETF Global Balanced Income6.476.29
Source: Morningstar Separate Account/CIT Fund Database

Moderate Allocation1 year gross return1 year net return
PSI Seasonal Opportunity Model11.8710.76
Natixis / AIA Mgd ETF - Inc. Aggrsv10.0410.04
BlackRock Bal Inc Indx-Volatility8.558.55
GLOBALT innovatETF Stratg Inc Gr Wrap7.587.25
First Fiduciary Balanced7.957.24
Cashen Balanced7.836.95
LCM SmartBETA Unconstrained Balanced7.306.61
Dorsey Wright Sys Reltv Strength Cons7.646.60
Investment Management of Virginia Balanc6.996.46
Eagle Strategic Inc Portfolio-Municipal8.016.38
Source: Morningstar Separate Account/CIT Fund Database

Moderate Allocation5 year gross return5 year net return
Johnson Institutional Mgt Enhanced Index13.0712.78
Dorsey Wright Sys Reltv Strength Cons10.719.63
Scharf Balanced10.579.55
Dodge & Cox Balanced Composite8.858.85
MCA Balanced Portfolios9.438.64
Cumberland Total Return Balanced Port9.008.41
UBS: U.S. Balanced Portfolio8.928.22
Tillar-Wenstrup Core Balanced9.058.20
Montag & Caldwell Balanced8.448.11
First Fiduciary Balanced8.758.03
Source: Morningstar Separate Account/CIT Fund Database

Target Date 2000-20101 year gross return1 year net return
AGF Steward Navigator 2010 Fund2.202.20
Source: Morningstar Separate Account/CIT Fund Database

Target Date 2000-20105 year gross return5 year net return
AGF Steward Navigator 2010 Fund4.174.17
Source: Morningstar Separate Account/CIT Fund Database

Target Date 2011-20151 year gross return1 year net return
Sage Target Date 2015 Fund2.762.35
Meeder Age-based 60-62-2.71-2.71
Source: Morningstar Separate Account/CIT Fund Database

Target Date 2011-20155 year gross return5 year net return
Meeder Age-based 60-625.025.02
Sage Target Date 2015 Fund5.004.61
Source: Morningstar Separate Account/CIT Fund Database

Target Date 2016-20201 year gross return1 year net return
BCM DynamicBelay Balanced Growth (QDIA)4.152.86
AGF Steward Navigator 2020 Fund1.611.61
Meeder Age-based 55-59-3.53-3.53
Source: Morningstar Separate Account/CIT Fund Database

Target Date 2016-20205 year gross return5 year net return
Meeder Age-based 55-595.375.37
AGF Steward Navigator 2020 Fund4.484.48
BCM DynamicBelay Balanced Growth (QDIA)0.000.00
Source: Morningstar Separate Account/CIT Fund Database

Target Date 2021-20251 year gross return1 year net return
Sage Target Date 2025 Fund2.141.74
Sheaff Brock SSB Conservative Balanced2.171.37
Meeder Age-based 65 and Over-0.66-0.66
Meeder Age-based 63-64-1.64-1.64
Meeder Age-based 50-54-4.46-4.46
Source: Morningstar Separate Account/CIT Fund Database

Target Date 2021-20255 year gross return5 year net return
Sheaff Brock SSB Conservative Balanced7.126.26
Meeder Age-based 50-545.685.68
Sage Target Date 2025 Fund5.975.57
Meeder Age-based 65 and Over0.000.00
Meeder Age-based 63-640.000.00
Source: Morningstar Separate Account/CIT Fund Database

Target Date 2026-20301 year gross return1 year net return
BCM DynamicBelay Conservative Gro(QDIA)2.941.70
AGF Steward Navigator 2030 Fund1.011.01
Meeder Age-based 45-49-5.34-5.34
Source: Morningstar Separate Account/CIT Fund Database

Target Date 2026-20305 year gross return5 year net return
Meeder Age-based 45-496.086.08
AGF Steward Navigator 2030 Fund4.864.86
BCM DynamicBelay Conservative Gro(QDIA)0.000.00
Source: Morningstar Separate Account/CIT Fund Database

Target Date 2031-20351 year gross return1 year net return
Sage Target Date 2035 Fund1.250.84
Meeder Age-based 44 and under-5.80-5.80
Source: Morningstar Separate Account/CIT Fund Database

Target Date 2031-20355 year gross return5 year net return
Meeder Age-based 44 and under6.286.28
Sage Target Date 2035 Fund6.566.16
Source: Morningstar Separate Account/CIT Fund Database

Target Date 2036-20401 year gross return1 year net return
AGF Steward Navigator 2040 Fund0.440.44
Sheaff Brock SSB Growth & Income0.07-0.66
Source: Morningstar Separate Account/CIT Fund Database

Target Date 2036-20405 year gross return5 year net return
Sheaff Brock SSB Growth & Income8.737.88
AGF Steward Navigator 2040 Fund5.315.31
Source: Morningstar Separate Account/CIT Fund Database

Target Date 2041-20451 year gross return1 year net return
Sage Target Date 2045 Fund0.790.38
Source: Morningstar Separate Account/CIT Fund Database

Target Date 2041-20455 year gross return5 year net return
Sage Target Date 2045 Fund6.936.52
Source: Morningstar Separate Account/CIT Fund Database

Retirement Income1 year gross return1 year net return
Texas Retirement Income Strategy15.3112.71
New Frontier Multi Asset Income Conserv8.227.73
New Frontier Multi Asset Income Balanced7.727.23
New Frontier Multi Asset Income Growth6.626.14
Palladiem Diversified Income Model5.204.63
Stringer Income Portfolio4.403.88
Tradwinds-Sector Dividend Preferred4.553.51
UBS PWS Diversified Income w/ Muni3.343.03
UBS PWS Diversified Income2.412.11
4Thought Global Strategic Distribution3.311.90
Source: Morningstar Separate Account/CIT Fund Database

Retirement Income5 year gross return5 year net return
Texas Retirement Income Strategy11.549.94
Tradwinds-Sector Dividend Preferred6.365.40
Horizon Real Spend 47.275.29
Horizon Real Spend 76.974.99
Horizon Real Spend 56.704.73
Morningstar Ret Inc Long-Range - TDA4.964.04
Advisors Capital Mgt Income w/Growth5.564.04
Morningstar Ret Inc Mid-Range - TDA4.373.44
Morningstar Ret Inc Long-Range - FIWS4.983.42
Morningstar Ret Inc Long-Range - BNY4.883.32
Source: Morningstar Separate Account/CIT Fund Database
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