Top performing managers by category: separate accounts, 3rd Quarter 2016


Large Blend1 year gross return1 year net return
MIS US Wide Moat Focus Sel Stock Basket24.1722.13
Quantum Dividend Growth23.1921.95
FIAM Focused Large Cap Growth15.9421.30
BNY Mellon EB DV Dynamic U.S. Equity21.6221.04
NovaPoint Capital Dividend Growth21.3120.67
Franchise Partners - US Equity21.2320.41
Silvercrest Large Cap Value21.0120.11
Franklin Rising Dividend SMA Composite20.1319.85
Davidson Inv Equity Income Strategy21.2219.77
MIS Global Equity Select Stock Basket21.7119.71
Source: Morningstar Separate Account/CIT Fund Database

Large Blend5 year gross return5 year net return
BNY Mellon EB DV Dynamic U.S. Equity21.2220.64
Lazard U.S. Equity Concentrated20.4319.67
Entrepreneur US Large Cap20.1219.32
Lyrical U.S. Value Equity - CS20.6719.20
Smead Capital Appreciation19.5518.71
Euclid Advisory Large Cap Growth20.3618.70
River Road Focused Absolute Value Comp19.1018.23
JPMorgan Quantitative Enhanced Equity16.7718.11
AFG 5018.4518.10
Oak Associates All Cap Core Growth18.9618.10
Source: Morningstar Separate Account/CIT Fund Database

Mid-Cap Blend1 year gross return1 year net return
Martin Capital Dividend Opportunity22.6822.25
Horizon Kinetics Spin-Off Index21.0320.49
Chartwell Mid-Cap Value20.6119.67
FIIG Small and Mid Cap Core19.5418.67
Cramer Rosenthal McGlynn Mid-Cap Value18.4217.76
Clarkston Capital SMID Composite17.7417.16
Edge SMA Mid Cap Core Equity20.6817.15
NewSouth Capital Mgt NSCM Mid-Cap Val Eq17.1016.67
EARNEST SMIDV17.8316.67
QMA US Mid Cap Core Equity17.0716.44
Source: Morningstar Separate Account/CIT Fund Database

Mid-Cap Blend5 year gross return5 year net return
Clarkston Capital SMID Composite21.2620.53
Boston Partners Mid-Cap Value Equity20.1119.57
QMA US Mid Cap Core Equity19.5718.93
AT Capital Management Mid Cap Core19.2718.86
Iridian Private Value/ Mid-Cap Equity19.4218.62
Ariel Small/Mid Cap Value Product19.3118.13
JPMorgan Md-Cap Val MA17.8817.86
Triboro All Cap17.8517.85
Channing Capital Mid-Cap Value18.2817.78
LA Capital U.S. Mid Cap Equity18.5117.76
Source: Morningstar Separate Account/CIT Fund Database

Small Blend1 year gross return1 year net return
ZPR Fundamental Small Cap Value38.1736.74
WellsCap Small Cap Value Equity II35.2133.90
Orchard Select Small Cap Value31.0129.74
Shapiro Capital Mgt Sm-Cap Val29.0427.83
Perritt MicroCap Opportunities27.7926.54
Federated MDT Sm-Cap Core26.6325.40
Jacobs Levy Small Cap (S&P 600)26.0124.97
Jacobs Levy Small Cap (Russell 2000)25.7624.73
Manulife AM US Small Cap Core25.8324.70
Tieton Small Cap Value24.2823.26
Source: Morningstar Separate Account/CIT Fund Database

Small Blend5 year gross return5 year net return
NorthPointe Capital Micro Cap Value24.4423.49
BMO Microcap Equity - Institutional - SA24.6423.40
ZPR Fundamental Small Cap Value21.9320.66
Federated MDT Sm-Cap Core21.6920.50
Jacobs Levy Small Cap (S&P 600)21.2420.24
Integrity Micro-Cap Value21.3820.21
QMA US Small Cap Core Equity20.4619.67
Martingale SmallCap Core20.7219.54
BRC Small Cap Diversified Equity20.8819.51
BMO Disciplined Small-Cap Core20.5719.50
Source: Morningstar Separate Account/CIT Fund Database

Large Growth1 year gross return1 year net return
FIAM U.S. Total Market Equity14.9524.68
Davis Multi Cap Equity24.8524.20
Loomis Sayles All Cap Growth24.7224.11
Large Cap Quality Core- Global23.2322.71
Loomis Sayles Large Cap Growth22.8922.39
Artisan Global Opportunities20.6419.61
Jensen Large Cap Quality Growth20.1319.53
Johnston Asset Mgt Corp. Lrg Cp Equity19.6018.90
Baillie Gifford US Equities19.3018.57
Peregrine Capital Mgt Large Cap Growth18.7118.19
Source: Morningstar Separate Account/CIT Fund Database

Large Growth5 year gross return5 year net return
Loomis Sayles All Cap Growth20.0019.52
ClearBridge Large Cap Growth20.2419.48
Loomis Sayles Large Cap Growth19.6819.25
FIAM U.S. Total Market Equity17.5418.99
Edgewood Mgt Lg-Cap Gr19.7918.76
ClariVest Large Cap Growth19.0318.76
Goldman Sachs Structured US Large Growth19.1618.62
AB US Large Cap Growth Equity19.5018.56
Essex Inv Mgt Research Strategy19.7118.56
Martingale LargeCap Growth19.1918.37
Source: Morningstar Separate Account/CIT Fund Database

Mid-Cap Growth1 year gross return1 year net return
Portfolio Resources High Impact Solu G&I25.7825.17
Snyder Capital Mgt Concen All-Cap Value25.9024.72
Hodges Multi Cap Core26.2524.46
Daruma SMid-Cap Equity24.9823.88
Sandhill Concentrated Equity Alpha24.2223.22
Snyder Capital Mgt Small/Mid Cap Val23.9622.85
Frontier Capital Appreciation22.9022.03
Granahan SMID Select22.0520.90
Champlain Mid Cap Core21.6420.72
Green Alpha Next Economy Strategy20.0219.73
Source: Morningstar Separate Account/CIT Fund Database

Mid-Cap Growth5 year gross return5 year net return
Naylor & Company Core Composite27.6124.93
Confluence Value Opportunities23.2921.74
Hodges Multi Cap Core20.7018.99
T. Rowe Price US Small-Cap Growth Equity19.7218.83
ClariVest Mid Cap Growth19.5118.63
Pinnacle Loprice19.4318.26
Snyder Capital Mgt Concen All-Cap Value19.3718.24
Atlanta High Quality Smid Cap19.1218.14
Portfolio Resources High Impact Solu G&I18.5417.96
PGI Mid-Cap Equity18.4517.91
Source: Morningstar Separate Account/CIT Fund Database

Small Growth1 year gross return1 year net return
Kayne Anderson Rudnick SC Sustain Growth33.8932.65
Kayne Anderson Rud SC Sustain Gr Wrap33.7830.24
Bares Capital Mgt Small-Cap29.8328.05
Kopp Emerging Growth28.1126.10
Federated MDT Small Cap Growth MA28.7825.04
LaSalle Street Small Cap26.0724.99
Baron Discovery Strategy24.9524.30
Snyder Capital Mgt Sm-Cap Val25.2824.18
Champlain Small Cap Equity24.8923.84
Granahan Inv Mgt - Sm Cap Focused Grth24.3123.39
Source: Morningstar Separate Account/CIT Fund Database

Small Growth5 year gross return5 year net return
Granahan Inv Mgt - Sm Cap Focused Grth23.3522.50
Kennedy Small Cap Fundamental Growth22.4421.48
US Equity Small Cap Core21.7220.82
DF Dent Small Cap Growth20.9020.42
Ziegler Cap MVP Small Cap Growth21.5720.41
Bridgeway Small Cap Growth20.6920.25
Cadence Capital Mgt Micro Cap Grth21.6920.20
Redwood Small Cap Growth Equity21.0820.10
Renaissance Small Cap Growth20.7819.97
Brown Capital Small Company Service21.0519.93
Source: Morningstar Separate Account/CIT Fund Database

Large Value1 year gross return1 year net return
PIMCO StocksPLUS Long Duration33.2032.60
Clifford Capital All-Cap Value31.6331.01
ASB Large Cap Core Equity27.3626.68
Schneider Capital Mgt Lg-Cap Val26.1125.16
Artisan Value Equity Composite25.5824.72
Lesa Sroufe Fully Invested Value Equity24.6724.08
S&P Dividend Income & Growth24.2523.95
Dean Equity Income24.7823.90
Southeastern Asset Mgt Mid-Lg Cap Dom Eq24.3323.68
DePrince, Race & Zollo, Lg-Cap Val24.2023.46
Source: Morningstar Separate Account/CIT Fund Database

Large Value5 year gross return5 year net return
PIMCO StocksPLUS Long Duration23.9023.30
Lyrical U.S. Value Equity – EQ22.2420.53
Clifford Capital All-Cap Value19.7618.83
Numeric Investors Large Core19.0918.47
S&P 418.7018.41
WEDGE Large Cap Value19.2418.38
Bridgeway Large Cap Value18.6618.18
Cognios TE Quantitative Large Cap Value18.1318.13
Numeric Investors Core Numeric18.9418.06
S&P Dividend Income & Growth18.2517.96
Source: Morningstar Separate Account/CIT Fund Database

Mid-Cap Value1 year gross return1 year net return
Shapiro Capital Mgt Enh Small Cap Value26.5325.36
Gilman Hill Equity Income26.6025.31
Anchor Focused Value Institutional26.5224.88
DGHM UltraValue25.4024.22
Pioneer US Mid Cap Value Equity24.6623.86
The Capital CMC G&I24.7623.82
Anchor Focused Value Wrap27.3123.67
Edge SMA SMID Dividend Income (Non K-1)26.7823.10
Donald Smith & Co. Lg-Cap Cncntrd Val Eq23.3722.84
Cozad U.S. Equity Income23.1222.41
Source: Morningstar Separate Account/CIT Fund Database

Mid-Cap Value5 year gross return5 year net return
Brandes U.S. Small-Mid Cap Value Equity23.5522.42
Martingale MidCap Core20.2219.40
Hotchkis & Wiley - Md-Cap Val20.1419.32
TSW Mid-Cap Value19.7619.22
Smith Graham Mid-Cap Value20.0819.20
Pzena Mid-Cap Focused Value19.9619.16
DGHM UltraValue20.4518.83
LSV Asset Mgt Md-Cap Val Eq19.5118.78
WellsCap Special US Mid Cap Value Eq19.6818.68
Kennedy All Cap Value19.4518.65
Source: Morningstar Separate Account/CIT Fund Database

Small Value1 year gross return1 year net return
Towle & Co. Deep Value34.9934.06
Schneider Capital Mgt Sm-Cap Val34.6633.21
Symons Concentrated Small Cap Value29.0529.05
Pacific Ridge Capital Ptnrs Micro Cp Val28.4026.50
Signia Small Micro Value Equity26.2525.52
Manulife AM US Small Cap Value25.3324.20
Uniplan Micro Cap Portfolio26.3924.17
Blue Tower Global Value25.3324.01
DePrince, Race & Zollo, Micro Cap Val24.2423.00
DePrince, Race & Zollo, Sm-Cap Val23.6822.64
Source: Morningstar Separate Account/CIT Fund Database

Small Value5 year gross return5 year net return
Donald Smith & Co. Micro Cap Val Eq25.6024.11
O'Shaughnessy Micro Cap23.5722.21
Pacific Ridge Capital Ptnrs Micro Cp Val23.8122.00
Cooke & Bieler Small Cap Value Equity22.4121.54
Fuller & Thaler Small-Cap Value21.7321.21
Federated MDT Sm-Cap Val21.4820.29
Analytic Small-Mid Cap Equity20.6619.87
AB Small Cap Value Equity21.0119.83
Frontier Small Cap Value20.8219.68
Brandes U.S. Small Cap Value Equity20.7319.55
Source: Morningstar Separate Account/CIT Fund Database

Bear Market1 year gross return1 year net return
Optimus Global Advantage All Asset5.655.12
Optimus Global Advantage Plus3.272.76
Federated Alternative Bear Equity Comp-12.09-13.42
Leuthold AdvantHedge-21.23-22.03
Source: Morningstar Separate Account/CIT Fund Database

Bear Market5 year gross return5 year net return
Optimus Global Advantage Plus-1.74-2.23
Federated Alternative Bear Equity Comp-15.52-16.79
Leuthold AdvantHedge-15.92-16.81
Optimus Global Advantage All Asset0.000.00
Source: Morningstar Separate Account/CIT Fund Database

Financial1 year gross return1 year net return
ZPR Volume Value26.5624.61
ZPR Volume Winners24.0321.98
Advisory Research BDC22.8221.66
Confluence BDC-Wrap21.5719.78
McKinley Capital Business Development Co16.2214.68
Davis Financial Product9.388.82
Source: Morningstar Separate Account/CIT Fund Database

Financial5 year gross return5 year net return
ZPR Volume Value25.2022.03
ZPR Volume Winners17.0615.10
Davis Financial Product15.3214.74
Advisory Research BDC0.000.00
Confluence BDC-Wrap0.000.00
McKinley Capital Business Development Co0.000.00
Source: Morningstar Separate Account/CIT Fund Database

Health1 year gross return1 year net return
Kopp AccruHealth11.5510.10
Financial Trust Health Value5.774.46
Source: Morningstar Separate Account/CIT Fund Database

Health5 year gross return5 year net return
Financial Trust Health Value24.1622.61
Kopp AccruHealth21.6120.26
Source: Morningstar Separate Account/CIT Fund Database

Natural Resources1 year gross return1 year net return
SailingStone Global Natural Resources40.9339.97
BP Capital TwinLine Energy34.3533.07
Signia Concentrated Value Equity32.1331.16
Cohen & Steers Natural Resources26.8326.14
Jennison Global Natural Resources24.2823.79
Financial Trust Global Resources24.3822.85
Wellington Global Natural Resources23.8822.67
Boston Global Natural Resources Equity16.5515.63
Miller/Howard General Partners Strategy10.859.75
NB Rachlin Income Plus (PAM)8.337.10
Source: Morningstar Separate Account/CIT Fund Database

Natural Resources5 year gross return5 year net return
NB Rachlin Income Plus (PAM)8.227.02
Boston Global Natural Resources Equity2.611.80
Wellington Global Agriculture2.411.40
Financial Trust Global Resources2.200.94
Wellington Global Natural Resources-0.91-1.90
Jennison Global Natural Resources-1.57-1.92
SailingStone Global Natural Resources-2.33-3.22
Goldman Sachs Commodities Enh Idx-12.59-12.88
BP Capital TwinLine Energy0.000.00
Signia Concentrated Value Equity0.000.00
Source: Morningstar Separate Account/CIT Fund Database

Equity Precious Metals1 year gross return1 year net return
GAMCO Gold93.0791.05
WellsCap Precious Metals86.1584.46
AIS TAAP15.4314.28
Source: Morningstar Separate Account/CIT Fund Database

Equity Precious Metals5 year gross return5 year net return
GAMCO Gold5.534.47
AIS TAAP-2.83-3.78
WellsCap Precious Metals-9.65-10.52
Source: Morningstar Separate Account/CIT Fund Database

Real Estate1 year gross return1 year net return
SmithAssetMgt–REIT25.8224.60
American Assets Untd Cap Rl Estt Secs Fd24.5723.62
Uniplan REIT Portfolio24.3622.11
Davis Real Estate Composite22.7122.10
Davis Real Estate WRAP22.7122.10
Cohen & Steers Realty Focus22.3221.23
LaSalle U.S. Real Estate Securities20.9020.19
Deutsche US Real Estate Securities Comp20.9320.19
FIAM U.S. Real Estate Invest Tr20.8920.05
CenterSquare REIT Separate Account20.5620.03
Source: Morningstar Separate Account/CIT Fund Database

Real Estate5 year gross return5 year net return
Cohen & Steers Realty Focus20.7319.66
Baron Real Estate Strategy19.7918.77
Chilton Capital REIT19.4118.40
Real Estate Mgt Svcs Real Est Val Port18.3217.66
Heitman US Focused Wilshire17.8417.05
Heitman US Diversified Wilshire17.3916.88
PGI Real Estate Equity Securities17.4616.82
US Rl Estate Secs Value Inc17.4516.78
CenterSquare REIT Separate Account17.2416.70
Cornerstone U.S. REIT Total Return16.9216.33
Source: Morningstar Separate Account/CIT Fund Database

Technology1 year gross return1 year net return
Oak Associates Technology Portfolio26.8726.26
Wellington Global Technology Opps24.6823.77
MFS Technology Equity24.2323.31
Wellington Global Technology22.9922.08
Crabtree Multi-Cap Technology22.1921.37
TCW Technology22.1320.90
Allianz Global Technology Equity19.4018.22
Zevenbergen Z/Tech13.5812.53
Source: Morningstar Separate Account/CIT Fund Database

Technology5 year gross return5 year net return
Wellington Global Technology Opps21.9121.02
Zevenbergen Z/Tech20.6919.58
Wellington Global Technology19.8518.97
Crabtree Multi-Cap Technology19.5418.70
MFS Technology Equity19.0718.13
Oak Associates Technology Portfolio18.3017.67
Allianz Global Technology Equity17.5816.40
TCW Technology16.6915.52
Source: Morningstar Separate Account/CIT Fund Database

Utilities1 year gross return1 year net return
HIS Top 15 Utility24.4223.15
Miller/Howard Infrastructure24.1022.88
Miller/Howard – Utilities Plus23.5522.34
Reaves Long Term Val(Util/Ener/Infrastr)21.5120.93
Miller/Howard – Utilities Plus SMA20.6120.14
MFS Utilities Equity12.6611.91
Levin Capital Strategies Utilities Yield12.3511.24
Source: Morningstar Separate Account/CIT Fund Database

Utilities5 year gross return5 year net return
Miller/Howard – Utilities Plus14.7013.57
Levin Capital Strategies Utilities Yield13.7612.64
Miller/Howard – Utilities Plus SMA14.5011.94
Reaves Long Term Val(Util/Ener/Infrastr)12.0611.49
Miller/Howard Infrastructure12.4911.38
MFS Utilities Equity11.2110.49
HIS Top 15 Utility0.000.00
Source: Morningstar Separate Account/CIT Fund Database

Equity Energy1 year gross return1 year net return
Texan Capital Energy Equity Portfolio29.7928.85
Miller/Howard E&P Institutional Strategy28.9227.65
Wellington Energy26.5125.26
Miller/Howard Drill Bit Burn Tipˆ® No K1s26.4625.22
Miller/Howard Drill Bit Burn Tipˆ®25.4624.23
TMG Energy Equity24.2823.36
Drill Bit to Burner Tipˆ® No K1s SMA26.8823.20
Tortoise Select Energy Opportunity23.9622.79
Drill Bit to Burner Tipˆ® SMA25.8022.14
Baron Energy and Resources Strategy20.6119.77
Source: Morningstar Separate Account/CIT Fund Database

Equity Energy5 year gross return5 year net return
Miller/Howard Drill Bit Burn Tipˆ®10.769.67
Neuberger Berman Rachlin MLP (PAM)8.487.65
Drill Bit to Burner Tipˆ® SMA10.847.59
NBC Energy Infrastructure Portfolio5.555.00
Wellington Energy5.814.76
TCIA Equity Yield Focus6.284.60
TMG Energy Equity5.174.41
Texan Capital Energy Equity Portfolio3.632.85
Miller/Howard E&P Institutional Strategy2.651.63
Orleans Energy Opportunities0.89-0.11
Source: Morningstar Separate Account/CIT Fund Database

Aggressive Allocation1 year gross return1 year net return
ASCP Opportunistic Growth Strategy40.3839.62
AAM Tactical Income21.6720.42
Camelot Premium Stock Dividend19.0318.47
Palouse Capital Diversified Income Strat18.7018.24
Palouse Diversified Income Wrap19.6417.37
Camelot Aggressive Income17.8617.30
CS GRAS17.9915.65
Clark Navigator MultiStrategy 75-25(SAI)15.1515.06
Meeder Aggressive Growth ETF Portfolio15.4914.94
Meeder Growth ETF Portfolio15.2814.78
Source: Morningstar Separate Account/CIT Fund Database

Aggressive Allocation5 year gross return5 year net return
Parametric Aggressive Composite14.1213.60
Golub Group Equity Income13.7612.66
CLS American Funds Agg Growth 8512.8812.60
Clark Navigator MultiStrategy 75-25(SAI)12.5712.55
Palouse Capital Diversified Income Strat12.9012.46
Dean Inv Multi-Cap 8013.2412.43
Advisors Capital Mgt Balanced13.8312.42
Wealthcare Growth13.8312.26
Eads and Heald Inv Counsel Bal13.2012.26
Loring Ward Distribution Equity DFA12.2711.99
Source: Morningstar Separate Account/CIT Fund Database

Bank Loan1 year gross return1 year net return
CION Investment Corporation7.287.28
Invesco Euro Bank Loans USD Composite7.827.26
DDJ U.S. Opportunistic Loan I Composite7.636.96
Franklin Bank Loans Retail Composite7.576.90
OFI Global Senior Loans7.286.77
Loomis Sayles Sr Floating Rate and FI6.976.45
Lord Abbett & Co. Bank Loan7.106.37
Eaton Vance Mgt Senior Secured Floating6.876.36
Columbia Bank Loan Strategy6.926.22
Invesco Zodiac US Senior Loan Composite6.716.18
Source: Morningstar Separate Account/CIT Fund Database

Bank Loan5 year gross return5 year net return
3i US Senior Loan Composite6.916.16
Columbia Bank Loan Strategy6.555.94
Invesco Zodiac US Senior Loan Composite6.435.85
OFI Global Senior Loans6.255.74
Voya Senior Loan6.225.69
Franklin Bank Loans Separate Acct Comp6.035.63
Lord Abbett & Co. Bank Loan6.455.62
Prudential US Senior Secured Loans6.115.53
TCW Bank Loans6.175.50
NB Gbl Senior Floating Rate Loans ISA6.125.37
Source: Morningstar Separate Account/CIT Fund Database

Small Value1 year gross return1 year net return
Towle & Co. Deep Value34.9934.06
Schneider Capital Mgt Sm-Cap Val34.6633.21
Symons Concentrated Small Cap Value29.0529.05
Pacific Ridge Capital Ptnrs Micro Cp Val28.4026.50
Signia Small Micro Value Equity26.2525.52
Manulife AM US Small Cap Value25.3324.20
Uniplan Micro Cap Portfolio26.3924.17
Blue Tower Global Value25.3324.01
DePrince, Race & Zollo, Micro Cap Val24.2423.00
DePrince, Race & Zollo, Sm-Cap Val23.6822.64
Source: Morningstar Separate Account/CIT Fund Database

Small Value5 year gross return5 year net return
Donald Smith & Co. Micro Cap Val Eq25.6024.11
O'Shaughnessy Micro Cap23.5722.21
Pacific Ridge Capital Ptnrs Micro Cp Val23.8122.00
Cooke & Bieler Small Cap Value Equity22.4121.54
Fuller & Thaler Small-Cap Value21.7321.21
Federated MDT Sm-Cap Val21.4820.29
Analytic Small-Mid Cap Equity20.6619.87
AB Small Cap Value Equity21.0119.83
Frontier Small Cap Value20.8219.68
Brandes U.S. Small Cap Value Equity20.7319.55
Source: Morningstar Separate Account/CIT Fund Database

Mid-Cap Value1 year gross return1 year net return
Shapiro Capital Mgt Enh Small Cap Value26.5325.36
Gilman Hill Equity Income26.6025.31
Anchor Focused Value Institutional26.5224.88
DGHM UltraValue25.4024.22
Pioneer US Mid Cap Value Equity24.6623.86
The Capital CMC G&I24.7623.82
Anchor Focused Value Wrap27.3123.67
Edge SMA SMID Dividend Income (Non K-1)26.7823.10
Donald Smith & Co. Lg-Cap Cncntrd Val Eq23.3722.84
Cozad U.S. Equity Income23.1222.41
Source: Morningstar Separate Account/CIT Fund Database

Mid-Cap Value5 year gross return5 year net return
Brandes U.S. Small-Mid Cap Value Equity23.5522.42
Martingale MidCap Core20.2219.40
Hotchkis & Wiley - Md-Cap Val20.1419.32
TSW Mid-Cap Value19.7619.22
Smith Graham Mid-Cap Value20.0819.20
Pzena Mid-Cap Focused Value19.9619.16
DGHM UltraValue20.4518.83
LSV Asset Mgt Md-Cap Val Eq19.5118.78
WellsCap Special US Mid Cap Value Eq19.6818.68
Kennedy All Cap Value19.4518.65
Source: Morningstar Separate Account/CIT Fund Database

Large Value1 year gross return1 year net return
PIMCO StocksPLUS Long Duration33.2032.60
Clifford Capital All-Cap Value31.6331.01
ASB Large Cap Core Equity27.3626.68
Schneider Capital Mgt Lg-Cap Val26.1125.16
Artisan Value Equity Composite25.5824.72
Lesa Sroufe Fully Invested Value Equity24.6724.08
S&P Dividend Income & Growth24.2523.95
Dean Equity Income24.7823.90
Southeastern Asset Mgt Mid-Lg Cap Dom Eq24.3323.68
DePrince, Race & Zollo, Lg-Cap Val24.2023.46
Source: Morningstar Separate Account/CIT Fund Database

Large Value5 year gross return5 year net return
PIMCO StocksPLUS Long Duration23.9023.30
Lyrical U.S. Value Equity – EQ22.2420.53
Clifford Capital All-Cap Value19.7618.83
Numeric Investors Large Core19.0918.47
S&P 418.7018.41
WEDGE Large Cap Value19.2418.38
Bridgeway Large Cap Value18.6618.18
Cognios TE Quantitative Large Cap Value18.1318.13
Numeric Investors Core Numeric18.9418.06
S&P Dividend Income & Growth18.2517.96
Source: Morningstar Separate Account/CIT Fund Database

Small Growth1 year gross return1 year net return
Kayne Anderson Rudnick SC Sustain Growth33.8932.65
Kayne Anderson Rud SC Sustain Gr Wrap33.7830.24
Bares Capital Mgt Small-Cap29.8328.05
Kopp Emerging Growth28.1126.10
Federated MDT Small Cap Growth MA28.7825.04
LaSalle Street Small Cap26.0724.99
Baron Discovery Strategy24.9524.30
Snyder Capital Mgt Sm-Cap Val25.2824.18
Champlain Small Cap Equity24.8923.84
Granahan Inv Mgt - Sm Cap Focused Grth24.3123.39
Source: Morningstar Separate Account/CIT Fund Database

Small Growth5 year gross return5 year net return
Granahan Inv Mgt - Sm Cap Focused Grth23.3522.50
Kennedy Small Cap Fundamental Growth22.4421.48
US Equity Small Cap Core21.7220.82
DF Dent Small Cap Growth20.9020.42
Ziegler Cap MVP Small Cap Growth21.5720.41
Bridgeway Small Cap Growth20.6920.25
Cadence Capital Mgt Micro Cap Grth21.6920.20
Redwood Small Cap Growth Equity21.0820.10
Renaissance Small Cap Growth20.7819.97
Brown Capital Small Company Service21.0519.93
Source: Morningstar Separate Account/CIT Fund Database

Mid-Cap Growth1 year gross return1 year net return
Portfolio Resources High Impact Solu G&I25.7825.17
Snyder Capital Mgt Concen All-Cap Value25.9024.72
Hodges Multi Cap Core26.2524.46
Daruma SMid-Cap Equity24.9823.88
Sandhill Concentrated Equity Alpha24.2223.22
Snyder Capital Mgt Small/Mid Cap Val23.9622.85
Frontier Capital Appreciation22.9022.03
Granahan SMID Select22.0520.90
Champlain Mid Cap Core21.6420.72
Green Alpha Next Economy Strategy20.0219.73
Source: Morningstar Separate Account/CIT Fund Database

Mid-Cap Growth5 year gross return5 year net return
Naylor & Company Core Composite27.6124.93
Confluence Value Opportunities23.2921.74
Hodges Multi Cap Core20.7018.99
T. Rowe Price US Small-Cap Growth Equity19.7218.83
ClariVest Mid Cap Growth19.5118.63
Pinnacle Loprice19.4318.26
Snyder Capital Mgt Concen All-Cap Value19.3718.24
Atlanta High Quality Smid Cap19.1218.14
Portfolio Resources High Impact Solu G&I18.5417.96
PGI Mid-Cap Equity18.4517.91
Source: Morningstar Separate Account/CIT Fund Database

Large Growth1 year gross return1 year net return
FIAM U.S. Total Market Equity14.9524.68
Davis Multi Cap Equity24.8524.20
Loomis Sayles All Cap Growth24.7224.11
Large Cap Quality Core- Global23.2322.71
Loomis Sayles Large Cap Growth22.8922.39
Artisan Global Opportunities20.6419.61
Jensen Large Cap Quality Growth20.1319.53
Johnston Asset Mgt Corp. Lrg Cp Equity19.6018.90
Baillie Gifford US Equities19.3018.57
Peregrine Capital Mgt Large Cap Growth18.7118.19
Source: Morningstar Separate Account/CIT Fund Database

Large Growth5 year gross return5 year net return
Loomis Sayles All Cap Growth20.0019.52
ClearBridge Large Cap Growth20.2419.48
Loomis Sayles Large Cap Growth19.6819.25
FIAM U.S. Total Market Equity17.5418.99
Edgewood Mgt Lg-Cap Gr19.7918.76
ClariVest Large Cap Growth19.0318.76
Goldman Sachs Structured US Large Growth19.1618.62
AB US Large Cap Growth Equity19.5018.56
Essex Inv Mgt Research Strategy19.7118.56
Martingale LargeCap Growth19.1918.37
Source: Morningstar Separate Account/CIT Fund Database

Small Blend1 year gross return1 year net return
ZPR Fundamental Small Cap Value38.1736.74
WellsCap Small Cap Value Equity II35.2133.90
Orchard Select Small Cap Value31.0129.74
Shapiro Capital Mgt Sm-Cap Val29.0427.83
Perritt MicroCap Opportunities27.7926.54
Federated MDT Sm-Cap Core26.6325.40
Jacobs Levy Small Cap (S&P 600)26.0124.97
Jacobs Levy Small Cap (Russell 2000)25.7624.73
Manulife AM US Small Cap Core25.8324.70
Tieton Small Cap Value24.2823.26
Source: Morningstar Separate Account/CIT Fund Database

Small Blend5 year gross return5 year net return
NorthPointe Capital Micro Cap Value24.4423.49
BMO Microcap Equity - Institutional - SA24.6423.40
ZPR Fundamental Small Cap Value21.9320.66
Federated MDT Sm-Cap Core21.6920.50
Jacobs Levy Small Cap (S&P 600)21.2420.24
Integrity Micro-Cap Value21.3820.21
QMA US Small Cap Core Equity20.4619.67
Martingale SmallCap Core20.7219.54
BRC Small Cap Diversified Equity20.8819.51
BMO Disciplined Small-Cap Core20.5719.50
Source: Morningstar Separate Account/CIT Fund Database

Mid-Cap Blend1 year gross return1 year net return
Martin Capital Dividend Opportunity22.6822.25
Horizon Kinetics Spin-Off Index21.0320.49
Chartwell Mid-Cap Value20.6119.67
FIIG Small and Mid Cap Core19.5418.67
Cramer Rosenthal McGlynn Mid-Cap Value18.4217.76
Clarkston Capital SMID Composite17.7417.16
Edge SMA Mid Cap Core Equity20.6817.15
NewSouth Capital Mgt NSCM Mid-Cap Val Eq17.1016.67
EARNEST SMIDV17.8316.67
QMA US Mid Cap Core Equity17.0716.44
Source: Morningstar Separate Account/CIT Fund Database

Mid-Cap Blend5 year gross return5 year net return
Clarkston Capital SMID Composite21.2620.53
Boston Partners Mid-Cap Value Equity20.1119.57
QMA US Mid Cap Core Equity19.5718.93
AT Capital Management Mid Cap Core19.2718.86
Iridian Private Value/ Mid-Cap Equity19.4218.62
Ariel Small/Mid Cap Value Product19.3118.13
JPMorgan Md-Cap Val MA17.8817.86
Triboro All Cap17.8517.85
Channing Capital Mid-Cap Value18.2817.78
LA Capital U.S. Mid Cap Equity18.5117.76
Source: Morningstar Separate Account/CIT Fund Database

Large Blend1 year gross return1 year net return
MIS US Wide Moat Focus Sel Stock Basket24.1722.13
Quantum Dividend Growth23.1921.95
FIAM Focused Large Cap Growth15.9421.30
BNY Mellon EB DV Dynamic U.S. Equity21.6221.04
NovaPoint Capital Dividend Growth21.3120.67
Franchise Partners - US Equity21.2320.41
Silvercrest Large Cap Value21.0120.11
Franklin Rising Dividend SMA Composite20.1319.85
Davidson Inv Equity Income Strategy21.2219.77
MIS Global Equity Select Stock Basket21.7119.71
Source: Morningstar Separate Account/CIT Fund Database

Large Blend5 year gross return5 year net return
BNY Mellon EB DV Dynamic U.S. Equity21.2220.64
Lazard U.S. Equity Concentrated20.4319.67
Entrepreneur US Large Cap20.1219.32
Lyrical U.S. Value Equity - CS20.6719.20
Smead Capital Appreciation19.5518.71
Euclid Advisory Large Cap Growth20.3618.70
River Road Focused Absolute Value Comp19.1018.23
JPMorgan Quantitative Enhanced Equity16.7718.11
AFG 5018.4518.10
Oak Associates All Cap Core Growth18.9618.10
Source: Morningstar Separate Account/CIT Fund Database

Long/Short Equity1 year gross return1 year net return
Goodwood Long/Short Equity24.5522.71
Kalo Capital Em Gr with Reduced Volatil20.7117.19
The Boston Energy Infrastructure MLP16.3415.39
QMA US Core Equity Extended15.3314.60
Confluence IDEA - Plus15.6413.68
Frontier Asset Mgmt Absolute Return Plus13.7513.30
CIM InvestFlexâ„¢ U.S. Long/Short15.3013.04
Taxable Frontier Asset Mgmt Abs Ret Plus12.0411.49
Clothier Springs Global Hedged Plus11.3610.67
Coe Capital Intrinisic Edge Plus14.5710.52
Source: Morningstar Separate Account/CIT Fund Database

Long/Short Equity5 year gross return5 year net return
QMA US Core Equity Extended19.7218.95
Analytic Global Long/Short Equity12.1911.70
Boston Partners Research Equity Comp11.4910.12
Shelton Equity Income Portfolio11.869.92
Atlas 100/30 Long Short10.349.43
Coe Capital Intrinisic Edge Plus12.008.91
Kalo Capital Em Gr with Reduced Volatil12.128.83
IRON Global Equity Plus9.048.44
Epoch Global Absolute Return9.518.09
Alger Dynamic Opportunities Composite9.047.75
Source: Morningstar Separate Account/CIT Fund Database

Leveraged Net Long1 year gross return1 year net return
LA Capital U.S. Large Cap Active Exten16.9616.33
SIPCO Global Macro Portfolio17.7116.21
Martingale Low Volatility Long/Short16.2015.34
UBS: US Equity Opportunity Unconstrained14.9514.05
Analytic Core Eq Plus (Russ1000)14.2813.68
AQR Capital US Relaxed Constraint 4013.7813.11
Martingale 130/30 LargeCap Core 50013.7812.94
Martingale 130/30 LargeCap Growth13.2012.36
Martingale 130/30 LargeCap Value13.0812.24
JPMorgan Large Cap Core 130/3012.8211.88
Source: Morningstar Separate Account/CIT Fund Database

Leveraged Net Long5 year gross return5 year net return
Numeric Investors Amplified Core 130/3022.6321.43
AQR Capital US Relaxed Constraint 4019.4018.54
MFSˆ® Blended Rsrch - US Cor Eq Extension19.2218.31
Martingale 130/30 LargeCap Growth19.1718.29
Cornerstone US Equity Opportunities18.7618.05
Hillsdale US 130 30 Composite18.7717.97
Martingale Low Volatility Long/Short18.6517.77
Glenmede Large Cap 130/3018.5117.64
Martingale 130/30 LargeCap Core 50018.4517.58
Boston Partners 130/30 Large Cap Value17.6817.44
Source: Morningstar Separate Account/CIT Fund Database

Market Neutral1 year gross return1 year net return
12th Street Asset Management LP18.8315.91
PanAgora Dynamic Global Market Neutral17.4013.09
Cognios Enhanced Market Neutral12.1012.56
PVG Loss Averse Equity Income13.1811.68
Clear Stream Absolute Return Strategy12.1111.01
SL Advisors Low Vol Hedged11.8111.00
Swan Defined Risk Strategy8.988.46
Swan Defined Risk Strategy All Accounts8.698.22
Constantia Merger-Arbitrage7.526.94
SSI Convertible Income6.425.37
Source: Morningstar Separate Account/CIT Fund Database

Market Neutral5 year gross return5 year net return
12th Street Asset Management LP14.9812.48
Copeland Risk Managed Dividend Growth10.629.57
Clear Stream Absolute Return Strategy9.688.60
Swan Defined Risk Strategy7.757.11
Swan Defined Risk Strategy All Accounts7.697.07
SL Advisors Low Vol Hedged7.306.74
PanAgora Dynamic Global Market Neutral7.305.90
PVG Loss Averse Equity Income4.433.15
Numeric Investors US Market Neutral4.002.97
SSI Convertible Income3.682.66
Source: Morningstar Separate Account/CIT Fund Database

World Stock1 year gross return1 year net return
4Thought Thematic Systematic Investing52.3950.47
OFI Global Global Multi Cap Growth31.1930.27
4Thought Global Thematic Accumulation29.9628.36
Trilogy Emerging Markets Wealth23.3123.02
Southeastern Asset Mgt Global Equity22.4221.92
SGA Global Large Cap Growth Equity22.9921.90
Marathon Asset Mgt Active Global Eq21.7421.74
Brandes Global Small-Mid Cap Equity22.5521.47
Sands Global Growth Eqty22.2821.27
Baillie Gifford Long Term Global Growth21.9221.09
Source: Morningstar Separate Account/CIT Fund Database

World Stock5 year gross return5 year net return
Mittleman Global Value20.8419.08
Brandes Global Small-Mid Cap Equity18.9317.79
Brandes Global Small Cap Eq18.7617.71
Morgan Stanley Global Opportunity18.5616.99
DSM Global Focus Equity17.7716.62
Baillie Gifford Long Term Global Growth16.7815.95
MFSˆ® Global Concentrated Eq16.7115.74
Brandes Global Small-Mid Cap Equity SMA16.2115.64
Copper Rock Global Small Cap15.9815.57
Rockefeller Global Equity15.4015.41
Source: Morningstar Separate Account/CIT Fund Database

Foreign Large Value1 year gross return1 year net return
GMO Resources Strategy26.2425.40
ARGA International Equity Strategy15.3814.24
Acadian ACW ex-U.S. Equity Composite15.0014.14
T. Rowe Price Intl Concentrated Equity13.3612.69
Boston Advisors International ADR SA13.0912.58
Schroders QEP Global (Ex US) Value13.2312.45
Acadian ADR Non-U.S. Equity Composite13.2512.41
Acadian Non-U.S. Equity Composite13.1512.32
Acadian Non-US ADR Eq (Model/Envestnet)13.9612.24
Pictet EAFE Equity12.6812.11
Source: Morningstar Separate Account/CIT Fund Database

Foreign Large Value5 year gross return5 year net return
Acadian ADR Non-U.S. Equity Composite15.1514.29
T. Rowe Price Intl Concentrated Equity11.4810.79
Acadian Non-US ADR Eq (Model/Envestnet)12.5310.77
BMO Disciplined International Equity11.2710.41
TSW International Equity10.7910.39
Systematic International Equity11.3110.34
Acadian Non-U.S. Equity Composite10.819.98
ClariVest International Core10.479.62
Pzena Intl (ex-U.S.) Expanded Value9.929.57
Pzena International(ex-U.S.)FocusedValue10.249.50
Source: Morningstar Separate Account/CIT Fund Database

Foreign Large Blend1 year gross return1 year net return
MFSˆ® International Val Eq17.3116.46
SGA International Large Cap Equity16.0214.89
Altrinsic International Equity15.2314.26
Herzfeld Foreign Closed-End15.1914.11
SGA International Large Cap ADR14.8313.76
Fiduciary Mgt of Milwaukee Intl Comp14.1313.44
Tocqueville Asset Mgt Intl Multi Cap Eq14.2913.28
Herndon Capital Large Cap Core Intl ACWI13.6113.02
Lazard International Equity Conc.13.9912.80
SGA International All Cap Equity13.7612.65
Source: Morningstar Separate Account/CIT Fund Database

Foreign Large Blend5 year gross return5 year net return
Fiduciary Mgt of Milwaukee Intl Comp14.6013.77
SGA International Large Cap ADR14.3513.27
MFSˆ® International Val Eq14.0113.16
Polaris Capital Mgt Polaris Intl Eq13.2912.63
Artisan Non-U.S. Value13.3312.29
SGA International All Cap Equity13.2612.14
SGA International Large Cap Equity13.1812.07
Navigator International Equity ADR12.1610.95
WellsCap EverKey Focused Global Equity11.5510.45
HGK International Equity11.3810.40
Source: Morningstar Separate Account/CIT Fund Database

Foreign Large Growth1 year gross return1 year net return
All Cap Quality Core- Intl. (ex.US)22.6522.20
MCM International Equity22.5221.21
Burgundy EAFE Composite20.7719.88
Harding Loevner EAFE Equity20.0719.37
Dorsey Wright Sys Reltv Strength Intl20.2418.49
Harding Loevner Intl Eq19.0218.25
SGA International Growth18.3617.19
William Blair International Leaders18.0817.14
Baillie Gifford EAFE Plus Alpha Equities17.3616.69
Baillie Gifford ACWI ex US Focus Eq17.3116.68
Source: Morningstar Separate Account/CIT Fund Database

Foreign Large Growth5 year gross return5 year net return
Dorsey Wright Sys Reltv Strength Intl20.4218.53
Wellington International Quality Growth15.2014.35
Burgundy EAFE Composite13.7312.87
Financial Trust Intl ValueMomentum13.9312.52
Morgan Stanley International Opportunity13.7212.44
Morgan Stanley International Advantage13.7012.26
Lazard Intl Strategic Eq (ACW ex-U.S.)12.8012.10
Brown Capital International Equity Svc12.5611.82
Wellington Global Dividend Growth12.5811.74
WCM Inv Mgt Focused Growth Intl12.2911.52
Source: Morningstar Separate Account/CIT Fund Database

Foreign Small/Mid Value1 year gross return1 year net return
Kopernik Global All Cap51.3350.30
Validea International Value25.0923.05
Acadian Non-U.S. Small-Cap Equity Compst15.8314.97
Wellington Intl Contrarian Value15.7214.75
First Eagle International Value Equity15.5014.64
GlobeFlex International Micro Cap Cmpst15.1514.12
WellsCap Special Intl Small Cap Equity15.2314.09
SB&H International Small Cap13.8413.08
Brandes International Small Cap Eq12.8511.86
LSV Asset Mgt Intl Sm-Cap Val Eq12.6611.54
Source: Morningstar Separate Account/CIT Fund Database

Foreign Small/Mid Value5 year gross return5 year net return
LMCG Int'l Sm Cap Eq14.9513.87
SB&H International Small Cap14.1513.59
QMA International Small Cap Equity14.4713.51
Acadian Non-U.S. Small-Cap Equity Compst13.7912.95
The Boston International Small Cap Eq13.7512.72
Wellington Intl Contrarian Value13.6512.69
Brandes International Small Cap Eq13.5112.54
GlobeFlex International Micro Cap Cmpst13.5412.53
Brandes International Sm-Mid Cap Equity13.7012.53
RBC International Equity Fund13.0912.05
Source: Morningstar Separate Account/CIT Fund Database

Foreign Small/Mid Growth1 year gross return1 year net return
Wasatch Int'l Micro Cap Composite25.5323.28
Expedition Intl Micro Cap Comp23.8622.01
EAM International Micro Cap23.2621.43
Brown Capital Intl Small Company Service21.7321.29
Southeastern Asset Mgt Intl Eq21.1520.17
Axiom Int. Small Cap Equity Composite19.2318.10
Expedition Intl SMID Cap Comp17.7416.63
Global Equity - Small Cap17.7716.59
TimesSquare International Small Cap16.0514.92
T. Rowe Price International Small-Cap Eq15.0814.01
Source: Morningstar Separate Account/CIT Fund Database

Foreign Small/Mid Growth5 year gross return5 year net return
Oberweis Intl Opportunities21.2920.15
Expedition Intl Micro Cap Comp18.6617.10
EAM International Small Cap18.1517.01
OFI Global International Small-Mid Cap18.0016.99
Wasatch Int'l Micro Cap Composite17.6515.43
Baring International Small Cap Equity16.3915.43
Wasatch Int’l Small Cap Growth Composite15.2814.04
T. Rowe Price International Small-Cap Eq14.3813.31
American Century Non-U.S. Small Cap14.2213.23
Granahan International Small Cap14.7413.02
Source: Morningstar Separate Account/CIT Fund Database

Latin America Stock1 year gross return1 year net return
Latin American Equity38.3636.97
T. Rowe Price Latin America Equity37.9936.87
Financial Trust Latin Value Momentum32.3530.72
Morgan Stanley Latin America Equity28.9228.43
Ashmore Latin America Small Cap Equity23.6321.68
Source: Morningstar Separate Account/CIT Fund Database

Latin America Stock5 year gross return5 year net return
Financial Trust Latin Value Momentum11.8110.42
Latin American Equity-0.19-1.25
Morgan Stanley Latin America Equity-2.05-2.41
T. Rowe Price Latin America Equity-1.75-2.59
Ashmore Latin America Small Cap Equity-2.65-4.18
Source: Morningstar Separate Account/CIT Fund Database

Europe Stock1 year gross return1 year net return
Pictet Asset Mgt Eastern European Equity18.8017.86
Burgundy European Equity Composite15.0513.92
Baillie Gifford Europe ex-UK Equities13.0412.31
Acadian European Equity Composite12.4911.67
T. Rowe Price Europe Smaller Comp Equity11.3110.49
Wellington Strategic European Equity9.738.91
FIAM Europe Growth Composite-0.558.21
Champion CR Glb Mac Intl Diver-Panoptic9.577.93
Baillie Gifford Pan-European Equities8.507.79
Pictet Small Cap European Core Comp7.797.03
Source: Morningstar Separate Account/CIT Fund Database

Europe Stock5 year gross return5 year net return
Numeric Investors Europe Core17.1616.33
T. Rowe Price Europe Smaller Comp Equity16.4515.59
INTECH European Large Cap Core15.7415.13
Pictet Small Cap European Core Comp15.1014.30
LA Capital Europe Equity14.4113.67
Wellington Strategic European Equity14.1613.32
Burgundy European Equity Composite13.7012.59
Baillie Gifford Europe ex-UK Equities13.2512.52
Acadian European Equity Composite12.9612.12
International Tortue Capital13.0211.94
Source: Morningstar Separate Account/CIT Fund Database

Japan Stock1 year gross return1 year net return
Burgundy Asian (All Cap) Composite30.4929.22
Burgundy Focus Asian Composite27.7926.85
T. Rowe Price Japan Equity27.3226.60
Japanese Equity24.6723.89
Baillie Gifford Japanese All Cap22.4221.66
Baillie Gifford Japan Growth21.1920.48
DaiwaSB Japan Eq Small Cap GARP21.0520.22
Brandes Japan Equity20.6619.67
DaiwaSB Japan Eq MidSm Cap GARP18.8818.07
MFSˆ® Japan Equity17.0716.32
Source: Morningstar Separate Account/CIT Fund Database

Japan Stock5 year gross return5 year net return
DaiwaSB Japan Eq MidSm Cap GARP14.9614.16
Burgundy Asian (All Cap) Composite14.4713.33
Burgundy Focus Asian Composite13.8312.98
DaiwaSB Japan Eq Small Cap GARP12.9112.19
Baillie Gifford Japanese All Cap12.8712.16
T. Rowe Price Japan Equity12.7212.06
Japanese Equity11.5310.71
Baillie Gifford Japan Growth10.229.51
Acadian Japanese Equity Composite9.969.15
Brandes Japan Equity10.029.14
Source: Morningstar Separate Account/CIT Fund Database

Pacific/Asia ex-Japan Stk1 year gross return1 year net return
FIIG Asia ex-Japan Equity21.3719.78
MFSˆ® Asia Pacific ex Japan20.3319.44
Investec 4Factor Asia Pacific ex Jap Eq20.2119.44
Brandes Asia Pacific ex-Japan Equity19.5818.47
MFSˆ® Asia ex Japan Equity19.1618.35
Havenport (Developed Asia) - Composite19.1618.32
Newton Asia Pacific Ex Japan Equity18.5317.76
T. Rowe Price Asia ex-Japan Equity17.9917.00
Morgan Stanley Asia Equity15.7515.50
Morgan Stanley Asia Pacific Equity16.3515.29
Source: Morningstar Separate Account/CIT Fund Database

Pacific/Asia ex-Japan Stk5 year gross return5 year net return
Brandes Asia Pacific ex-Japan Equity11.8610.72
Baillie Gifford Asia ex Japan Equities10.079.33
Investec 4Factor Asia Pacific ex Jap Eq8.838.11
Morgan Stanley Asia Equity8.097.83
PGI Asia ex-Japan Equity8.147.59
T. Rowe Price Asia ex-Japan Equity8.297.39
MFSˆ® Asia Pacific ex Japan8.097.29
Allianz Total Return Asia Equity9.107.07
Morgan Stanley Asia Pacific Equity7.807.04
MFSˆ® Asia ex Japan Equity7.746.94
Source: Morningstar Separate Account/CIT Fund Database

Diversified Pacific/Asia1 year gross return1 year net return
Denver Inv Concentrated Intl Small-Cap20.7719.29
Denver Inv International Small-Cap19.7618.30
GAM Asia-Pacific Equity14.9314.46
Sit Inv Pac Basin15.0214.00
Templeton Asia Pacific Eq14.2113.50
WellsCap SF Global Asia Pacific Equity13.9213.03
Accuvest Asian Advantage6.475.87
John Hsu Capital Intl Top-Down Eq6.415.50
ZPR All Asian5.964.66
Laffer Investments Glbl Equity Composite5.194.25
Source: Morningstar Separate Account/CIT Fund Database

Diversified Pacific/Asia5 year gross return5 year net return
Horizon Asia Institutional12.8411.71
ZPR All Asian12.8211.34
WellsCap SF Global Asia Pacific Equity10.769.88
Denver Inv Concentrated Intl Small-Cap9.217.87
Templeton Asia Pacific Eq8.017.45
Laffer Investments Glbl Equity Composite8.217.24
Denver Inv International Small-Cap8.517.15
John Hsu Capital Intl Top-Down Eq7.776.91
Sit Inv Pac Basin7.646.68
Accuvest Asian Advantage6.776.41
Source: Morningstar Separate Account/CIT Fund Database

Diversified Emerging Mkts1 year gross return1 year net return
Lazard Emerging Markets Eq Select ADR31.0530.09
FIAM Emerging Markets All Cap18.6730.06
Delaware Emerging Markets31.0829.85
Brandes Emerging Markets Equity30.5329.54
Lazard Dev Mkts Eq Select ADR/GDR (Qual)29.9928.85
Lazard Developing Mkts Eq Select ADR SMA32.5928.61
Artisan Emerging Markets29.4028.07
Templeton Emg Mkts Eq28.2727.11
PIMCO RAE Fundamental PLUS EMG28.1426.68
Artisan Developing World Composite27.3826.07
Source: Morningstar Separate Account/CIT Fund Database

Diversified Emerging Mkts5 year gross return5 year net return
Ashmore EM Middle East Equity13.8612.12
Numeric Investors Emerging Markets Alpha12.5611.34
Financial Trust Asia ValueMomentum12.6811.29
Acadian Frontier Markets Equity Compst11.569.92
Ashmore EM Frontier Markets Equity10.929.40
FIAM Emerging Markets All Cap7.369.34
Templeton Emerg Markts SmlCap Composite10.459.10
Morgan Stanley Frontier Emerging Markets11.028.96
Baron Emerging Markets Strategy9.528.84
McKinley Capital Emerging Markets Growth8.528.51
Source: Morningstar Separate Account/CIT Fund Database

Global Real Estate1 year gross return1 year net return
Financial Trust Global REIT26.1924.63
Morgan Stanley Glbl Infrastructure Sec22.3121.04
Global REIT Income Preference19.9219.13
LaSalle Core GRES18.4817.66
Heitman Global Diversified Rental17.7417.05
Northern Trust Global REIT16.2315.94
Global Real Estate Securities16.3415.70
AB Global Real Estate Securities16.4415.64
Gbl Rl Estate Secs Alpha16.4015.53
Cohen & Steers Global Real Estate Secs15.8615.41
Source: Morningstar Separate Account/CIT Fund Database

Global Real Estate5 year gross return5 year net return
Global REIT Income Preference15.6714.95
Gbl Rl Estate Secs Alpha15.7414.88
Third Avenue Real Estate Value Equity15.6614.37
Heitman Global Diversified Rental15.0114.34
Duff&Phelps Glbl Real Estate Securities14.9514.04
PGI Global Real Estate Securities14.6414.04
Adelante Global Strategy Composite14.4213.69
Heitman Global Diversified Developed13.9113.58
Financial Trust Global REIT14.9513.53
AB Global Real Estate Securities14.3213.53
Source: Morningstar Separate Account/CIT Fund Database

World Bond1 year gross return1 year net return
Newfleet Global Multi-Sector Income Comp18.3116.73
Logan Circle International Fixed Income15.8815.44
Stone Harbor Global High Yield 50/5015.6115.21
Stone Harbor Glbl High Yield Comp 70/3013.5813.14
AB Global ex-US Plus FI13.1012.54
UBS: Global (ex-US) Bond12.2111.79
Federated NonUS FI (Unhedged) Comp12.1711.67
Brandywine Global Opportun Fxd Inc11.9911.50
Baring International Fixed Income11.4710.89
WellsCap FIA International Fixed Income11.3610.86
Source: Morningstar Separate Account/CIT Fund Database

World Bond5 year gross return5 year net return
GMO Currency Hedged Int’l Bond Strategy7.927.48
Stone Harbor Glbl High Yield Comp 70/307.557.11
Stone Harbor Global High Yield 50/507.447.03
Goldman Sachs European Fix-Inc (Eur Agg)7.086.79
PIMCO Non US Hedged7.236.71
OFI Global Cat Bond7.806.25
Standish Euro Core Plus Fixed Income6.456.23
Oaktree European Senior Loans6.936.23
FFTW Global Investment Grade Bonds6.306.03
Standish European Inv Grade Corp6.215.90
Source: Morningstar Separate Account/CIT Fund Database

High Yield Bond1 year gross return1 year net return
SMHCA High Income Wrapped Fee26.4224.97
Capital Group Global High Yield FI Comp15.6114.81
NCRAM Hi Yld Tol Ret Instl (HYTRIC)15.2614.70
Ryan Labs High Yield14.5514.20
T. Rowe Price Global High Income Bd14.6914.12
MacKay Select High Yield Composite14.6414.07
Franklin US High Yld Institutional Comp14.0213.64
Logan Circle High Yield13.9213.36
Logan Circle High Yield Mid Grade13.7213.17
PineBridge US High Yield Bond Composite13.1112.60
Source: Morningstar Separate Account/CIT Fund Database

High Yield Bond5 year gross return5 year net return
NCRAM Hi Yld Tol Ret Instl (HYTRIC)11.3210.78
Federated Opportunistic High Yield Comp11.2810.73
TCW Opportunistic MBS11.0810.30
Oaktree European High Yield Bonds10.5410.00
Strategic Income Mmgt SiM High Yld Instl10.089.62
Franklin European High Yield Composite10.269.61
PGI Global High Yield9.989.23
Lord Abbett High Yield Opportunistic10.229.22
Manulife AM US High Yield Fixed Income9.749.19
DCM High Yield9.639.09
Source: Morningstar Separate Account/CIT Fund Database

Intermediate Government1 year gross return1 year net return
Federated Govt Credit w MAPS MA7.916.33
Federated Govt Credit no MAPS MA6.995.44
Semper Active Mortgage-Backed Securities5.455.17
Delaware Aggregate Dur US Govt (SMA)4.504.50
Ryan Labs LDI Interm Duration 3-54.514.12
Great Lakes Core Govmt Only Fix-Inc4.194.09
MFS US Government Fixed Income4.394.09
Chicago Equity Core Fix-Inc4.324.06
Northern Trust Government Index4.033.88
Amalgamated Bank Intermediate Duration4.113.85
Source: Morningstar Separate Account/CIT Fund Database

Intermediate Government5 year gross return5 year net return
Semper Active Mortgage-Backed Securities6.436.08
Columbia US Government Mortgage4.213.81
TCW Index Plus MBS4.023.81
CNR Intermediate Fixed Income Taxable3.352.86
Federated Govt Credit w MAPS MA4.372.83
RBC Access Capital Community Invmt3.272.81
M.D. Sass Core Fix-Inc3.022.74
FIAM Mortgage-Backed Securities3.022.74
Smith Breeden Mortgage Index Plus2.982.62
Delaware Aggregate Dur US Govt (SMA)2.482.48
Source: Morningstar Separate Account/CIT Fund Database

Intermediate-Term Bond1 year gross return1 year net return
Herzfeld Taxable Closed-End Bond15.4614.60
PIMCO Diversified Income14.2413.46
Morgan Stanley Core Plus Fix-Inc12.1311.42
Karpus Taxable Fixed Income11.7210.87
Logan Circle Multi-Sector Fixed Income10.7210.30
Seix Corporate Bond Mgmt10.249.91
PIMCO Global Invstm Grade Corporate10.109.61
EARNEST Fixed Income Long Duration9.519.13
Flaherty & Crumrine Separate Mgd Account9.468.94
Loomis Sayles Core Plus9.108.79
Source: Morningstar Separate Account/CIT Fund Database

Intermediate-Term Bond5 year gross return5 year net return
Flaherty & Crumrine Separate Mgd Account10.099.56
Spectrum Preferred Securities9.559.28
Herzfeld Taxable Closed-End Bond8.207.22
PIMCO Diversified Income7.496.75
PIMCO Global Invstm Grade Corporate6.976.47
ClearArc Capital Strategic Income Plus6.656.19
Manulife AM US Core Plus Fixed Income6.346.02
WellsCap Premier Income I6.105.76
Loomis Sayles Core Plus Full Discretion6.015.71
Morgan Stanley Core Plus Fix-Inc6.235.57
Source: Morningstar Separate Account/CIT Fund Database

Short Government1 year gross return1 year net return
Capital Group PCS Core Bond Composite3.843.33
Sit Inv Short Dur Strat3.102.68
M.D. Sass 3-Year FI2.822.45
JPMorgan Interm Govt Bond Style2.612.30
PNC Cap Adv Intermediate U.S. Governemnt2.522.26
Wellington Short Bond2.302.07
Federated Short-Inter. US Govt FI Comp2.271.92
MPI Inv Mgt US Fix-Inc2.431.87
Destinations Consv Gov't Focused2.101.85
Garcia Hamilton Fix-Inc Short Dur1.851.72
Source: Morningstar Separate Account/CIT Fund Database

Short Government5 year gross return5 year net return
Sit Inv Short Dur Strat2.992.58
M.D. Sass 3-Year FI2.352.00
Capital Group PCS Core Bond Composite2.501.79
JPMorgan Interm Govt Bond Style1.961.69
Wellington Short Bond1.771.60
Garcia Hamilton Fix-Inc Short Dur1.491.36
PNC Cap Adv Intermediate U.S. Governemnt1.591.34
M.D. Sass 2-Year FI1.591.33
Madison Interm Government Bond SA1.251.23
MPI Inv Mgt US Fix-Inc1.691.18
Source: Morningstar Separate Account/CIT Fund Database

Short-Term Bond1 year gross return1 year net return
Waddell & Reed Core Fixed Income7.086.51
Ryan Labs Government/Credit6.095.77
Newfleet Multi-Sector Short Dur Cpst5.945.44
Dodge & Cox Intermediate FI Composite5.745.42
DT Intermediate Fixed Income5.915.30
SFS Quant Phase 2 Intermediate5.705.07
Alpha Bonds Strategy7.114.99
Post Limited Term High Yield Comp5.404.72
WellsCap Intermediate Premier FI4.884.56
Highland Capital Intermediate Fixed Inc4.934.54
Source: Morningstar Separate Account/CIT Fund Database

Short-Term Bond5 year gross return5 year net return
McDonnell 1-3 Year Gov Credit Bond0.9275.95
Post Limited Term High Yield Comp6.435.75
Alpha Bonds Strategy6.774.67
TCW Strategic Income6.374.62
Newfleet Multi-Sector Short Dur Cpst4.994.49
WellsCap Intermediate Premier FI4.404.07
Advisors Capital Mgt Fixed Income4.443.82
Goldman Sachs Opportunistic Fixed Income4.383.73
Dodge & Cox Intermediate FI Composite4.043.70
Thornburg Limited Term Income Strategy4.083.68
Source: Morningstar Separate Account/CIT Fund Database

Ultrashort Bond1 year gross return1 year net return
TCW Alpha Trak20.3119.12
FIAM Leveraged Loan Composite5.765.23
FFTW Mortgage Alpha4.734.20
First Quadrant Tact Curr Alloc L/S USD3.923.61
Federated Alternative BearGlobal FI Comp4.152.58
PIMCO Short Term2.912.51
Calvert Ultra-Short Income Strategy2.572.33
Pioneer Multi-Asset Ultrashort Income2.201.94
Federated Active Cash Broad FI Composite1.821.56
Payden & Rygel Enhanced Cash Long1.691.53
Source: Morningstar Separate Account/CIT Fund Database

Ultrashort Bond5 year gross return5 year net return
TCW Alpha Trak18.2517.93
FIAM Leveraged Loan Composite6.766.23
FFTW Mortgage Alpha4.894.39
Calvert Ultra-Short Income Strategy2.051.82
Pioneer Multi-Asset Ultrashort Income2.141.73
PIMCO Short Term2.041.63
First Quadrant Tact Curr Alloc L/S USD1.551.33
TCW Ultra Short1.531.33
Federated Active Cash Broad FI Composite1.491.19
Payden & Rygel Enhanced Cash Long1.241.05
Source: Morningstar Separate Account/CIT Fund Database

Long Government1 year gross return1 year net return
NISA 15+ STRIPS Fixed Income Composite19.2118.95
NISA Long Dur Govt Only Consolidated16.1215.78
JPMorgan Long Govt/Credit Plus15.4615.11
JPMorgan Long Govt/Credit(Corporate-Foc)15.1414.86
Hoisington Inv Mgt Macroeconomic FI Comp15.0614.82
Hillswick Long Duration Government15.1014.73
Camden Long Duration (US Corporate) Comp14.4914.06
PIMCO Long Duration Treasury13.6113.06
TCW Long Duration Gov11.8911.76
JKMAM Active Aggregate5.165.03
Source: Morningstar Separate Account/CIT Fund Database

Long Government5 year gross return5 year net return
NISA 15+ STRIPS Fixed Income Composite7.417.17
JPMorgan Long Govt/Credit(Corporate-Foc)6.736.47
JPMorgan Long Govt/Credit Plus6.876.28
Hillswick Long Duration Government6.426.12
Hoisington Inv Mgt Macroeconomic FI Comp6.296.06
NISA Long Dur Govt Only Consolidated6.245.98
PIMCO Long Duration Treasury5.935.43
TCW Long Duration Gov4.774.65
SSgA Long U.S. Govt Bond Index Strategy5.453.78
JKMAM Active Aggregate3.273.10
Source: Morningstar Separate Account/CIT Fund Database

Long-Term Bond1 year gross return1 year net return
PIMCO Long Term Bond - Long Credit18.1617.83
Reams Long Duration Fixed Income17.3917.25
Dodge & Cox Long Duration FI Composite17.0216.62
PIMCO Long Term Bond Full Authority16.8516.58
Baird Advisors Long Govt Credit Bond16.6516.49
Loomis Sayles Long Duration Credit16.6916.41
FIAM Long Corporate Composite14.8616.37
Capital Group Long Dur Govnmt/Credit16.6616.32
Ryan Labs Long-Credit16.6016.25
Loomis Sayles Long Dur Government/Credit16.4216.15
Source: Morningstar Separate Account/CIT Fund Database

Long-Term Bond5 year gross return5 year net return
PIMCO Long Term Bond - Long Credit9.339.01
Schroders Value Long Duration8.798.58
TCW Long Duration Credit0.008.47
Logan Circle Long Duration8.418.07
Dodge & Cox Long Duration FI Composite8.337.92
FIAM Long Corporate Composite7.737.78
Reams Long Duration Fixed Income7.947.77
Ryan Labs Long-Credit7.877.55
PIMCO Long Term Bond Full Authority7.817.54
Guggenheim Absolute Return Strategic8.627.53
Source: Morningstar Separate Account/CIT Fund Database

Multisector Bond1 year gross return1 year net return
First Trust Taxable Closed End Fund17.0415.37
SMHCA Diversified Income Wrapped Fee13.8312.28
Eaton Vance Multi-Sector Bond12.6412.07
Foy SELECTOR Income14.0611.89
BW Global Multi-Sector Income (fka GITR)12.5311.51
FIAM Tactical Bond8.6011.36
BlackRock Target Income Aggressive ETF11.2711.27
Federated Strategic Multi-Sector FI Comp10.9810.59
Newfleet Multi-Sector Opportunistic Cpst11.1210.52
Loomis Sayles Multi-Sector Full Discretn10.5510.19
Source: Morningstar Separate Account/CIT Fund Database

Multisector Bond5 year gross return5 year net return
PIMCO Income Composite9.368.82
TCW Securitized Opportunities8.297.22
Loomis Sayles Multi-Sector Full Discretn7.537.19
TCW Unconstrained Fixed Income7.356.84
FIAM Tactical Bond6.646.83
Newfleet Multi-Sector Opportunistic Cpst7.166.58
First Trust Taxable Closed End Fund8.246.57
Manulife AM Strategic Fixed Income Opp7.006.57
Thornburg Multisector Opportunistic Stra6.986.26
RSA Unconstrained Bond Strategy6.766.23
Source: Morningstar Separate Account/CIT Fund Database

High Yield Bond1 year gross return1 year net return
SMHCA High Income Wrapped Fee26.4224.97
Capital Group Global High Yield FI Comp15.6114.81
NCRAM Hi Yld Tol Ret Instl (HYTRIC)15.2614.70
Ryan Labs High Yield14.5514.20
T. Rowe Price Global High Income Bd14.6914.12
MacKay Select High Yield Composite14.6414.07
Franklin US High Yld Institutional Comp14.0213.64
Logan Circle High Yield13.9213.36
Logan Circle High Yield Mid Grade13.7213.17
PineBridge US High Yield Bond Composite13.1112.60
Source: Morningstar Separate Account/CIT Fund Database

High Yield Bond5 year gross return5 year net return
NCRAM Hi Yld Tol Ret Instl (HYTRIC)11.3210.78
Federated Opportunistic High Yield Comp11.2810.73
TCW Opportunistic MBS11.0810.30
Oaktree European High Yield Bonds10.5410.00
Strategic Income Mmgt SiM High Yld Instl10.089.62
Franklin European High Yield Composite10.269.61
PGI Global High Yield9.989.23
Lord Abbett High Yield Opportunistic10.229.22
Manulife AM US High Yield Fixed Income9.749.19
DCM High Yield9.639.09
Source: Morningstar Separate Account/CIT Fund Database

Intermediate Government1 year gross return1 year net return
Federated Govt Credit w MAPS MA7.916.33
Federated Govt Credit no MAPS MA6.995.44
Semper Active Mortgage-Backed Securities5.455.17
Delaware Aggregate Dur US Govt (SMA)4.504.50
Ryan Labs LDI Interm Duration 3-54.514.12
Great Lakes Core Govmt Only Fix-Inc4.194.09
MFS US Government Fixed Income4.394.09
Chicago Equity Core Fix-Inc4.324.06
Northern Trust Government Index4.033.88
Amalgamated Bank Intermediate Duration4.113.85
Source: Morningstar Separate Account/CIT Fund Database

Intermediate Government5 year gross return5 year net return
Semper Active Mortgage-Backed Securities6.436.08
Columbia US Government Mortgage4.213.81
TCW Index Plus MBS4.023.81
CNR Intermediate Fixed Income Taxable3.352.86
Federated Govt Credit w MAPS MA4.372.83
RBC Access Capital Community Invmt3.272.81
M.D. Sass Core Fix-Inc3.022.74
FIAM Mortgage-Backed Securities3.022.74
Smith Breeden Mortgage Index Plus2.982.62
Delaware Aggregate Dur US Govt (SMA)2.482.48
Source: Morningstar Separate Account/CIT Fund Database

Intermediate-Term Bond1 year gross return1 year net return
Herzfeld Taxable Closed-End Bond15.4614.60
PIMCO Diversified Income14.2413.46
Morgan Stanley Core Plus Fix-Inc12.1311.42
Karpus Taxable Fixed Income11.7210.87
Logan Circle Multi-Sector Fixed Income10.7210.30
Seix Corporate Bond Mgmt10.249.91
PIMCO Global Invstm Grade Corporate10.109.61
EARNEST Fixed Income Long Duration9.519.13
Flaherty & Crumrine Separate Mgd Account9.468.94
Loomis Sayles Core Plus9.108.79
Source: Morningstar Separate Account/CIT Fund Database

Intermediate-Term Bond5 year gross return5 year net return
Flaherty & Crumrine Separate Mgd Account10.099.56
Spectrum Preferred Securities9.559.28
Herzfeld Taxable Closed-End Bond8.207.22
PIMCO Diversified Income7.496.75
PIMCO Global Invstm Grade Corporate6.976.47
ClearArc Capital Strategic Income Plus6.656.19
Manulife AM US Core Plus Fixed Income6.346.02
WellsCap Premier Income I6.105.76
Loomis Sayles Core Plus Full Discretion6.015.71
Morgan Stanley Core Plus Fix-Inc6.235.57
Source: Morningstar Separate Account/CIT Fund Database

Short Government1 year gross return1 year net return
Capital Group PCS Core Bond Composite3.843.33
Sit Inv Short Dur Strat3.102.68
M.D. Sass 3-Year FI2.822.45
JPMorgan Interm Govt Bond Style2.612.30
PNC Cap Adv Intermediate U.S. Governemnt2.522.26
Wellington Short Bond2.302.07
Federated Short-Inter. US Govt FI Comp2.271.92
MPI Inv Mgt US Fix-Inc2.431.87
Destinations Consv Gov't Focused2.101.85
Garcia Hamilton Fix-Inc Short Dur1.851.72
Source: Morningstar Separate Account/CIT Fund Database

Short Government5 year gross return5 year net return
Sit Inv Short Dur Strat2.992.58
M.D. Sass 3-Year FI2.352.00
Capital Group PCS Core Bond Composite2.501.79
JPMorgan Interm Govt Bond Style1.961.69
Wellington Short Bond1.771.60
Garcia Hamilton Fix-Inc Short Dur1.491.36
PNC Cap Adv Intermediate U.S. Governemnt1.591.34
M.D. Sass 2-Year FI1.591.33
Madison Interm Government Bond SA1.251.23
MPI Inv Mgt US Fix-Inc1.691.18
Source: Morningstar Separate Account/CIT Fund Database

Short-Term Bond1 year gross return1 year net return
Waddell & Reed Core Fixed Income7.086.51
Ryan Labs Government/Credit6.095.77
Newfleet Multi-Sector Short Dur Cpst5.945.44
Dodge & Cox Intermediate FI Composite5.745.42
DT Intermediate Fixed Income5.915.30
SFS Quant Phase 2 Intermediate5.705.07
Alpha Bonds Strategy7.114.99
Post Limited Term High Yield Comp5.404.72
WellsCap Intermediate Premier FI4.884.56
Highland Capital Intermediate Fixed Inc4.934.54
Source: Morningstar Separate Account/CIT Fund Database

Short-Term Bond5 year gross return5 year net return
McDonnell 1-3 Year Gov Credit Bond0.9275.95
Post Limited Term High Yield Comp6.435.75
Alpha Bonds Strategy6.774.67
TCW Strategic Income6.374.62
Newfleet Multi-Sector Short Dur Cpst4.994.49
WellsCap Intermediate Premier FI4.404.07
Advisors Capital Mgt Fixed Income4.443.82
Goldman Sachs Opportunistic Fixed Income4.383.73
Dodge & Cox Intermediate FI Composite4.043.70
Thornburg Limited Term Income Strategy4.083.68
Source: Morningstar Separate Account/CIT Fund Database

Ultrashort Bond1 year gross return1 year net return
TCW Alpha Trak20.3119.12
FIAM Leveraged Loan Composite5.765.23
FFTW Mortgage Alpha4.734.20
First Quadrant Tact Curr Alloc L/S USD3.923.61
Federated Alternative BearGlobal FI Comp4.152.58
PIMCO Short Term2.912.51
Calvert Ultra-Short Income Strategy2.572.33
Pioneer Multi-Asset Ultrashort Income2.201.94
Federated Active Cash Broad FI Composite1.821.56
Payden & Rygel Enhanced Cash Long1.691.53
Source: Morningstar Separate Account/CIT Fund Database

Ultrashort Bond5 year gross return5 year net return
TCW Alpha Trak18.2517.93
FIAM Leveraged Loan Composite6.766.23
FFTW Mortgage Alpha4.894.39
Calvert Ultra-Short Income Strategy2.051.82
Pioneer Multi-Asset Ultrashort Income2.141.73
PIMCO Short Term2.041.63
First Quadrant Tact Curr Alloc L/S USD1.551.33
TCW Ultra Short1.531.33
Federated Active Cash Broad FI Composite1.491.19
Payden & Rygel Enhanced Cash Long1.241.05
Source: Morningstar Separate Account/CIT Fund Database

Long Government1 year gross return1 year net return
NISA 15+ STRIPS Fixed Income Composite19.2118.95
NISA Long Dur Govt Only Consolidated16.1215.78
JPMorgan Long Govt/Credit Plus15.4615.11
JPMorgan Long Govt/Credit(Corporate-Foc)15.1414.86
Hoisington Inv Mgt Macroeconomic FI Comp15.0614.82
Hillswick Long Duration Government15.1014.73
Camden Long Duration (US Corporate) Comp14.4914.06
PIMCO Long Duration Treasury13.6113.06
TCW Long Duration Gov11.8911.76
JKMAM Active Aggregate5.165.03
Source: Morningstar Separate Account/CIT Fund Database

Long Government5 year gross return5 year net return
NISA 15+ STRIPS Fixed Income Composite7.417.17
JPMorgan Long Govt/Credit(Corporate-Foc)6.736.47
JPMorgan Long Govt/Credit Plus6.876.28
Hillswick Long Duration Government6.426.12
Hoisington Inv Mgt Macroeconomic FI Comp6.296.06
NISA Long Dur Govt Only Consolidated6.245.98
PIMCO Long Duration Treasury5.935.43
TCW Long Duration Gov4.774.65
SSgA Long U.S. Govt Bond Index Strategy5.453.78
JKMAM Active Aggregate3.273.10
Source: Morningstar Separate Account/CIT Fund Database

Long-Term Bond1 year gross return1 year net return
PIMCO Long Term Bond - Long Credit18.1617.83
Reams Long Duration Fixed Income17.3917.25
Dodge & Cox Long Duration FI Composite17.0216.62
PIMCO Long Term Bond Full Authority16.8516.58
Baird Advisors Long Govt Credit Bond16.6516.49
Loomis Sayles Long Duration Credit16.6916.41
FIAM Long Corporate Composite14.8616.37
Capital Group Long Dur Govnmt/Credit16.6616.32
Ryan Labs Long-Credit16.6016.25
Loomis Sayles Long Dur Government/Credit16.4216.15
Source: Morningstar Separate Account/CIT Fund Database

Long-Term Bond5 year gross return5 year net return
PIMCO Long Term Bond - Long Credit9.339.01
Schroders Value Long Duration8.798.58
TCW Long Duration Credit0.008.47
Logan Circle Long Duration8.418.07
Dodge & Cox Long Duration FI Composite8.337.92
FIAM Long Corporate Composite7.737.78
Reams Long Duration Fixed Income7.947.77
Ryan Labs Long-Credit7.877.55
PIMCO Long Term Bond Full Authority7.817.54
Guggenheim Absolute Return Strategic8.627.53
Source: Morningstar Separate Account/CIT Fund Database

Multisector Bond1 year gross return1 year net return
First Trust Taxable Closed End Fund17.0415.37
SMHCA Diversified Income Wrapped Fee13.8312.28
Eaton Vance Multi-Sector Bond12.6412.07
Foy SELECTOR Income14.0611.89
BW Global Multi-Sector Income (fka GITR)12.5311.51
FIAM Tactical Bond8.6011.36
BlackRock Target Income Aggressive ETF11.2711.27
Federated Strategic Multi-Sector FI Comp10.9810.59
Newfleet Multi-Sector Opportunistic Cpst11.1210.52
Loomis Sayles Multi-Sector Full Discretn10.5510.19
Source: Morningstar Separate Account/CIT Fund Database

Multisector Bond5 year gross return5 year net return
PIMCO Income Composite9.368.82
TCW Securitized Opportunities8.297.22
Loomis Sayles Multi-Sector Full Discretn7.537.19
TCW Unconstrained Fixed Income7.356.84
FIAM Tactical Bond6.646.83
Newfleet Multi-Sector Opportunistic Cpst7.166.58
First Trust Taxable Closed End Fund8.246.57
Manulife AM Strategic Fixed Income Opp7.006.57
Thornburg Multisector Opportunistic Stra6.986.26
RSA Unconstrained Bond Strategy6.766.23
Source: Morningstar Separate Account/CIT Fund Database

Inflation-Protected Bond1 year gross return1 year net return
PIMCO Real Ret Asset Long Duration14.7614.14
FFTW Global Inflation Linked Bonds11.7611.48
Franklin U.S. TIPS Composite8.067.93
FFTW Inflation Linked Bonds U.S.7.237.03
Standish Global TIPS6.986.90
BBH U.S. TIPS6.956.79
PIMCO Real Return Full Authority7.266.76
American Century US Infl-Adj Bond7.206.74
Northern Trust TIPS6.856.73
Standish US TIPS6.636.56
Source: Morningstar Separate Account/CIT Fund Database

Inflation-Protected Bond5 year gross return5 year net return
FFTW Global Inflation Linked Bonds4.684.42
PIMCO Real Ret Asset Long Duration3.883.36
Standish Global TIPS3.313.22
Laffer Investments US Inflation Strategy4.233.21
Franklin U.S. TIPS Composite2.572.43
BBH U.S. TIPS2.252.10
PIMCO Real Return Full Authority2.441.96
Standish US TIPS1.981.91
FFTW Inflation Linked Bonds U.S.2.111.90
IR+M TIPS1.981.87
Source: Morningstar Separate Account/CIT Fund Database

Stable Value1 year gross return1 year net return
PIMCO Stable Value (BV)2.952.75
Standish Stable Value2.162.07
Invesco Stable Value2.101.90
T. Rowe Price Stable Value2.151.88
JPMorgan US FI Stable Value (NY)1.781.78
Galliard Stable Value Composite2.021.61
Columbia Stable Value – Inv Grade Strat1.601.37
Columbia Stable Value – Government Strat1.441.23
Source: Morningstar Separate Account/CIT Fund Database

Stable Value5 year gross return5 year net return
PIMCO Stable Value (BV)3.553.33
T. Rowe Price Stable Value2.462.29
Standish Stable Value2.392.28
Invesco Stable Value2.222.01
JPMorgan US FI Stable Value (NY)1.941.83
Galliard Stable Value Composite2.171.76
Columbia Stable Value – Inv Grade Strat1.691.48
Columbia Stable Value – Government Strat1.631.43
Source: Morningstar Separate Account/CIT Fund Database

Convertibles1 year gross return1 year net return
MacKay Convertible SMA14.5914.16
MacKay Shields Convertibles12.8012.32
Laffer Investments Convertible Strategy12.5311.28
Zazove Inv. Grade Convertible Strategy10.9210.92
Gabelli Asset Mgt Convertibles Strategy11.4910.65
Oaktree High Income Convertibles11.1710.33
Lord Abbett & Co. Convertibles10.759.59
Wellesley Invstm Convertibles SA10.359.52
SSI Inv Grade Convert Strat10.239.24
Zazove Institutional Blend Convertibles10.259.21
Source: Morningstar Separate Account/CIT Fund Database

Convertibles5 year gross return5 year net return
Allianz Convertibles11.6311.21
SSI Inv Grade Convert Strat12.3111.18
ClearBridge U.S. Convertibles11.8411.18
MacKay Shields Convertibles11.6711.14
SSI Outright Discretionary Convert Strat11.5610.99
Gabelli Asset Mgt Convertibles Strategy11.1910.39
Camden Long Only Convertible Composite10.6410.01
Invesco Convertible Securities10.619.94
INCORE Inv Grade Convertibles Comp10.539.92
Palisade Convertible Securities Comp10.199.53
Source: Morningstar Separate Account/CIT Fund Database

Emerging Markets Bond1 year gross return1 year net return
Stone Harbor EMD Total Return27.3326.40
Ashmore Emerg Mkts External Dbt Comp24.5323.37
DCM Emerging Markets Debt22.1421.42
GMO Emerging Country Debt Strategy22.1621.29
Mondrian Inv Emerging Markets Debt21.3620.64
Manulife AM Emerging Markets Debt21.0520.40
Stone Harbor Emerging Markets Debt20.9620.33
T. Rowe Price Emerging Markets Bond20.6620.07
Ashmore EM Ext Debt (Sovereign) Comp20.7219.65
Ashmore Emerg Mkts Blnded Dbt Composite20.7819.60
Source: Morningstar Separate Account/CIT Fund Database

Emerging Markets Bond5 year gross return5 year net return
GMO Emerging Country Debt Strategy11.3910.57
Prudential Fixed Inc Emerging Mkts Debt9.889.24
Global Evolution EM Debt9.128.94
Invesco Emerging Market Corporate Bond9.198.50
DCM Emerging Markets Debt9.128.47
Global Evolution Frontier Markets9.498.38
Logan Circle Emerging Market Debt8.788.21
T. Rowe Price Emerging Markets Corp Bd8.628.03
TIAA-CREF Emerging Markets Debt8.647.98
FIAM Emerging Market Debt Composite8.687.97
Source: Morningstar Separate Account/CIT Fund Database

World Allocation1 year gross return1 year net return
Deschutes Matisse Discounted CE Fd Stgy22.0020.83
PIMCO StocksPLUS Absolute Return18.7718.10
PIMCO RAE Fundamental PLUS18.6117.68
PanAgora Risk Parity Multi Asset Plus19.0916.70
4Thought Multi-Contingency Aggressive17.9616.34
PIMCO StocksPlus16.5616.23
FrontierAssetMgmt Focused Opportunities15.1214.65
Taxable Frontier Asset Mgmt Focused Opp15.0714.50
First Trust Balanced Closed-End Fund16.1214.29
PIMCO All Asset Strategy14.6213.64
Source: Morningstar Separate Account/CIT Fund Database

World Allocation5 year gross return5 year net return
PIMCO StocksPLUS Absolute Return18.9118.18
PIMCO RAE Fundamental PLUS18.9618.03
PIMCO StocksPlus18.0117.52
OBS Financial EFS 80/2011.5011.21
Wilshire Global ETF Allocation - Gr11.0810.83
Morgan Stanley Glbl Tactical Asset Alloc11.0810.76
Loring Ward Global Capital Appr DFA11.0210.75
Loring Ward Global Capital Appr SA10.2710.23
Morningstar Growth - NFS10.7010.20
SFS Proactive Tactical Opportunities10.7510.09
Source: Morningstar Separate Account/CIT Fund Database

Conservative Allocation1 year gross return1 year net return
Parametric Enhanced Inc TaxAdv Core Comp18.8018.37
Parametric Tax-Advantage Enhanced Income18.7418.32
Parametric Enhanced Income Core Comp17.7717.36
Parametric Enhanced Income17.6117.20
Camelot Opportunities Income16.1015.55
HCM All American Conservative17.7715.16
HCM All American Balanced16.6614.07
First Quadrant Essential Beta14.1713.78
Clark Navigator MultiStrategy 50-50(SAI)14.1713.77
Messner & Smith - Balanced14.0313.05
Source: Morningstar Separate Account/CIT Fund Database

Conservative Allocation5 year gross return5 year net return
Saratoga Conservative Balanced11.2911.29
Saratoga Mod. Conservative Balanced11.0311.03
Parametric Tax-Advantage Enhanced Income11.1910.81
Clark Navigator MultiStrategy 50-50(SAI)10.6010.22
Parametric Enhanced Income10.4910.11
RNC Balanced Growth With Muni10.069.11
Meeder Balanced Growth Portfolio9.109.10
MCA Conservative Portfolios9.859.03
Meeder Balanced Portfolio8.958.95
Copeland Large Cap Div Growth Balanced9.528.94
Source: Morningstar Separate Account/CIT Fund Database

Moderate Allocation1 year gross return1 year net return
Shaker Financial Discount Capture23.6122.05
Punch Income Composite17.8116.70
ValueWorks Bal Comp18.0816.52
Johnson Institutional Mgt Enhanced Index16.7416.40
Herzfeld Balanced Closed-End16.9915.94
Cashen Balanced16.1415.19
SaratogaRIM Strategic Income15.6315.06
Camelot Premium Return14.6414.64
LCM SmartBETA Unconstrained Balanced15.2114.47
Natixis / AIA Mgd ETF - Inc. Aggrsv14.1414.14
Source: Morningstar Separate Account/CIT Fund Database

Moderate Allocation5 year gross return5 year net return
Johnson Institutional Mgt Enhanced Index17.3317.04
Dodge & Cox Balanced Composite13.2513.25
Invesco Equity and Income Composite12.7912.12
Dorsey Wright Sys Reltv Strength Cons13.0812.00
Shaker Financial Discount Capture13.3311.88
MCA Balanced Portfolios12.6311.81
Meeder Moderate Growth Portfolio11.7911.79
Hotchkis & Wiley - Capital Income12.5111.78
UBS: U.S. Balanced Portfolio12.4011.68
Parametric Moderate Aggressive Muni12.1011.60
Source: Morningstar Separate Account/CIT Fund Database

Target Date 2000-20101 year gross return1 year net return
AGF Steward Navigator 2010 Fund7.107.10
Source: Morningstar Separate Account/CIT Fund Database

Target Date 2000-20105 year gross return5 year net return
AGF Steward Navigator 2010 Fund5.865.86
Source: Morningstar Separate Account/CIT Fund Database

Target Date 2011-20151 year gross return1 year net return
Sage Target Date 2015 Fund6.946.52
Meeder Age-based 60-626.516.51
Source: Morningstar Separate Account/CIT Fund Database

Target Date 2011-20155 year gross return5 year net return
Meeder Age-based 60-628.008.00
Sage Target Date 2015 Fund6.866.45
Source: Morningstar Separate Account/CIT Fund Database

Target Date 2016-20201 year gross return1 year net return
AGF Steward Navigator 2020 Fund8.118.11
Meeder Age-based 55-596.826.82
BCM DynamicBelay Balanced Growth (QDIA)6.785.26
Source: Morningstar Separate Account/CIT Fund Database

Target Date 2016-20205 year gross return5 year net return
Meeder Age-based 55-598.798.79
AGF Steward Navigator 2020 Fund6.716.71
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
Sheaff Brock SSB Conservative Balanced11.3610.49
Sage Target Date 2025 Fund8.658.22
Meeder Age-based 50-546.906.90
Meeder Age-based 63-646.426.42
Meeder Age-based 65 and Over6.316.31
Source: Morningstar Separate Account/CIT Fund Database

Target Date 2021-20255 year gross return5 year net return
Meeder Age-based 50-549.559.55
Sheaff Brock SSB Conservative Balanced9.578.69
Sage Target Date 2025 Fund8.698.28
Meeder Age-based 63-640.000.00
Meeder Age-based 65 and Over0.000.00
Source: Morningstar Separate Account/CIT Fund Database

Target Date 2026-20301 year gross return1 year net return
AGF Steward Navigator 2030 Fund9.169.16
Meeder Age-based 45-497.097.09
BCM DynamicBelay Conservative Gro(QDIA)7.355.82
Source: Morningstar Separate Account/CIT Fund Database

Target Date 2026-20305 year gross return5 year net return
Meeder Age-based 45-4910.4510.45
AGF Steward Navigator 2030 Fund7.647.64
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 Fund9.749.31
Meeder Age-based 44 and under7.177.17
Source: Morningstar Separate Account/CIT Fund Database

Target Date 2031-20355 year gross return5 year net return
Meeder Age-based 44 and under10.8910.89
Sage Target Date 2035 Fund9.869.45
Source: Morningstar Separate Account/CIT Fund Database

Target Date 2036-20401 year gross return1 year net return
Sheaff Brock SSB Growth & Income12.3911.56
AGF Steward Navigator 2040 Fund10.0910.09
Source: Morningstar Separate Account/CIT Fund Database

Target Date 2036-20405 year gross return5 year net return
Sheaff Brock SSB Growth & Income12.3711.50
AGF Steward Navigator 2040 Fund8.608.60
Source: Morningstar Separate Account/CIT Fund Database

Target Date 2041-20451 year gross return1 year net return
Sage Target Date 2045 Fund10.269.82
Source: Morningstar Separate Account/CIT Fund Database

Target Date 2041-20455 year gross return5 year net return
Sage Target Date 2045 Fund10.5510.12
Source: Morningstar Separate Account/CIT Fund Database

Retirement Income1 year gross return1 year net return
New Frontier Multi Asset Income Growth17.1916.67
Nuveen-Sector Dividend Preferred17.7516.59
New Frontier Multi Asset Income Balanced16.0815.56
Oxbow KING Income Opportunities Comp15.1413.53
New Frontier Multi Asset Income Conserv13.6913.18
CLS Active Income 310.4110.03
Texas Retirement Income Strategy11.579.55
UBS PWS Diversified Income9.429.09
UBS PWS Diversified Income w/ Muni9.369.04
Advisors Capital Mgt Income w/Growth10.408.80
Source: Morningstar Separate Account/CIT Fund Database

Retirement Income5 year gross return5 year net return
Texas Retirement Income Strategy10.829.15
Horizon Real Spend 410.708.65
Nuveen-Sector Dividend Preferred9.548.53
Horizon Real Spend 510.017.97
Advisors Capital Mgt Income w/Growth9.487.91
Horizon Real Spend 79.927.88
Morningstar Ret Inc Long-Range - TDA6.965.95
Morningstar Ret Inc Long-Range - BNY7.085.49
Morningstar Ret Inc Long-Range - FIWS7.015.42
Morningstar Ret Inc Mid-Range - TDA6.135.13
Source: Morningstar Separate Account/CIT Fund Database
Recommended for You
By the Numbers for December 2021
Riskwatch for Q4 2021
Riskwatch for Q4 2021
Graphic: Tough sledding for investment-grade credits
Graphic: Tough sledding for investment-grade credits