June 30, 2019 01:00 AM

Top performing managers by category: separate accounts, 2nd Quarter 2019

Large Blend	1 year gross return	1 year net return
Euclid Advisory Large Cap Growth	22.46	21.02
Copeland All Cap Dividend Growth	20.20	19.49
Washington Crossing Rising Div Portfolio	19.88	19.47
Gyroscope Low Volatility Portfolio	20.96	18.81
Wellington Select Quality Equity	19.56	18.75
JWB Equity Composite	17.80	17.48
BFM High Quality Dividend Appreciation	18.29	17.36
MFS Low Volatility US Equity	17.69	17.29
OakBrook Select Equity	17.63	17.20
Bahl & Gaynor Inv Counsel Quality Gr	17.70	17.20

Source: Morningstar Separate Account/CIT Fund Database

Large Blend	5 year gross return	5 year net return
Euclid Advisory Large Cap Growth	18.72	17.27
Andersen Weather Mark	15.25	14.11
BFM High Quality Dividend Appreciation	13.61	12.80
Mellon Capital Dynamic U.S. Equity Comp	13.32	12.79
Fisher US Total Return	12.97	12.67
AB US Strategic Core Equity	12.97	12.47
Washington Crossing Rising Div Portfolio	12.67	12.28
Chicago FactorSmart Dynamic Beta	12.53	12.26
Stance Equity	13.30	12.25
Calvert US Lg Cap Core Responsible strgy	11.19	12.21

Source: Morningstar Separate Account/CIT Fund Database

Mid-Cap Blend	1 year gross return	1 year net return
NewSouth Capital Mgt NSCM SMIDCap Val Eq	15.75	14.91
Janus Henderson Opportunistic Alpha	14.66	13.93
Morgan Dempsey Midcap Institutional	14.67	13.58
The London Co Mid Cap	13.68	13.25
Boston Trust Mid Cap Equity	13.78	12.81
River Road Focused Absolute Value Comp	12.88	12.44
SFE Pathways™ (SRI) All-Cap Composite	12.87	12.39
Cambiar SMID Value	13.11	12.38
Sterling SMID Opportunities SMA	12.64	11.29
The CMC Dividend Appreciation	11.68	11.20

Source: Morningstar Separate Account/CIT Fund Database

Mid-Cap Blend	5 year gross return	5 year net return
The London Co Mid Cap	11.31	10.85
Blackrock Russ 3000 Alpha Tilts Compt	11.16	10.85
EARNEST Mid Cap Core	11.69	10.57
Boston Trust Mid Cap Equity	11.54	10.51
River Road Focused Absolute Value Comp	11.00	10.43
Bahl & Gaynor - Small/Mid Cap Income Gr	10.74	10.37
Clarkston Capital SMID Composite	10.82	10.26
Piedmont Optimized SMid Core	10.39	10.03
Zacks Mid-Cap Core Strategy	10.79	10.00
EARNEST Mid Cap Value	11.08	9.97

Source: Morningstar Separate Account/CIT Fund Database

Small Blend	1 year gross return	1 year net return
Gyroscope SMID Cap Low Vol Portfolio	15.14	13.65
River Road Small-Mid Cap Val Eq Comp	11.02	10.29
Burgundy US Small Cap Value Composite	10.89	9.84
River Road Small Cap Value Eq Composite	10.50	9.54
NewSouth Capital Mgt NSCM Sm Cap Val Eq	9.21	8.40
RS Small Cap Value	8.78	7.69
Segall Small Cap Value Concentrated	7.90	7.49
Kennedy ESG SMID Cap	7.79	7.17
Calvert Small Cap Core Strategy	7.97	7.16
Wellington Small Cap Opportunities	7.42	6.46

Source: Morningstar Separate Account/CIT Fund Database

Small Blend	5 year gross return	5 year net return
Jacobs Levy Small Cap (S&P 600)	12.29	11.36
WCM Focused Small Cap	11.38	11.14
Calvert Small Cap Core Strategy	11.01	10.89
Martingale Low Volatility SmallCap+	11.62	10.59
Segall Small Cap Value Concentrated	10.76	10.29
River Road Small-Mid Cap Val Eq Comp	10.77	10.04
Wellington Small Cap Opportunities	10.97	9.98
Jacobs Levy Small Cap (Russell 2000)	10.86	9.94
River Road Small Cap Value Eq Composite	10.77	9.87
Pacific Income Small Cap Core	10.95	9.86

Source: Morningstar Separate Account/CIT Fund Database

Large Growth	1 year gross return	1 year net return
Atlanta High Quality Focused Growth	27.50	26.63
Morgan Stanley Insight	26.97	25.78
Atlanta High Quality Calvert Equity	26.33	25.35
Commerce Large-cap Growth Composite	17.25	25.27
Atlanta High Quality Focused Growth Wrap	27.77	25.24
Marshfield Core Value Equity	26.43	24.95
Atlanta High Quality Growth Plus	25.52	24.66
Atlanta High Quality Select Equity	24.37	23.64
TCW New America Premier Equities	24.32	23.39
AB Concentrated US Growth	23.77	22.74

Source: Morningstar Separate Account/CIT Fund Database

Large Growth	5 year gross return	5 year net return
Morgan Stanley Insight	20.86	19.70
Peregrine Capital Mgt Large Cap Growth	19.84	19.34
Morgan Stanley Growth	18.32	17.46
Polen Focus Growth	18.01	17.43
ARI Global Opportunities (ESG)	17.01	16.90
Baillie Gifford US Equities	17.54	16.86
Brown Advisory Lg-Cap Sustainable Growth	17.10	16.49
Morgan Stanley Advantage	17.02	16.40
Loomis Sayles All Cap Growth	16.54	15.99
Commerce Large-cap Growth Composite	15.03	15.90

Source: Morningstar Separate Account/CIT Fund Database

Mid-Cap Growth	1 year gross return	1 year net return
Elemental Capital Small and Mid-Cap Gr	33.65	31.12
Morgan Stanley Discovery	30.61	29.58
Salient MLP High Conviction	2.32	27.55
Riverbridge Concentrated Growth	24.22	22.46
DF Dent Mid Cap Growth	21.32	20.70
Brown Capital Mid Company	21.20	20.55
BlackRock Md-Cap Gr Eq	21.45	20.50
Kayne Anderson Rudnick Mid Sustain Gr	21.16	20.28
Artisan U.S. Mid-Cap Growth	21.12	20.02
Baron Mid Cap Growth Strategy	20.98	19.79

Source: Morningstar Separate Account/CIT Fund Database

Mid-Cap Growth	5 year gross return	5 year net return
Kayne Anderson Rudnick Mid Sustain Gr	17.84	16.98
Kayne Anderson Rudnick Small Cap Core	17.62	16.48
BlackRock Md-Cap Gr Eq	17.06	16.27
Fiera Mid Cap Growth	15.88	14.77
Janus Henderson Mid Cap Growth	15.40	14.65
Brown Advisory Mid-Cap Composite	15.27	14.57
Jackson Square - Smid-Cap Growth-Focus	15.46	14.57
Riverbridge Concentrated Growth	16.71	14.53
Snyder Capital Mgt Concen All-Cap Value	15.62	14.51
Federated Kaufmann Growth Equity Comp	15.96	14.36

Source: Morningstar Separate Account/CIT Fund Database

Small Growth	1 year gross return	1 year net return
Granahan Inv Mgt - Sm Cap Focused Grth	32.47	31.28
Port Capital Small Cap Equity	24.96	24.08
Morgan Stanley Inception	21.66	20.83
Wasatch Small Cap Growth Composite	21.31	20.25
Granahan SC Advantage	20.64	20.14
Columbia Small Cap Growth	21.19	20.12
Alger Small Cap Focus SMA Composite	19.71	19.69
Kayne Anderson Rudnick SC Sustain Growth	20.37	19.18
Next Century Growth Micro Cap Growth	19.15	18.40
Alger Small Cap Focus Composite	18.86	17.96

Source: Morningstar Separate Account/CIT Fund Database

Small Growth	5 year gross return	5 year net return
Kayne Anderson Rudnick SC Sustain Growth	23.56	22.36
Granahan Inv Mgt - Sm Cap Focused Grth	22.90	22.10
Next Century Growth Micro Cap Growth	19.42	18.58
Kayne Anderson Rudnick SC Quality Select	19.28	17.79
Ashford Small Company Growth	17.74	16.91
Driehaus Micro Cap Growth	18.06	16.90
Driehaus Small Cap Growth	17.62	16.62
Friess Small Cap Growth	17.15	16.13
Brown Capital Small Company	17.12	16.11
Columbia Small Cap Growth	16.08	15.05

Source: Morningstar Separate Account/CIT Fund Database

Large Value	1 year gross return	1 year net return
Dearborn High and Rising Dividends	19.61	17.74
DCM US Large Cap Value Creators	17.87	17.29
Madison Dividend Income	17.71	16.90
BMO Disciplined US Low Volatility Equity	16.81	16.28
Cooke & Bieler Concentrated Value Equity	16.69	15.68
Conning High Dividend Equity	15.89	15.43
SmithAssetMgt-Dividend Growth	15.44	14.87
Crawford Inv Counsel Dividend Growth	15.34	14.84
Nuance Concentrated Value	15.60	14.75
Northern Trust QDF Defensive	15.15	14.64

Source: Morningstar Separate Account/CIT Fund Database

Large Value	5 year gross return	5 year net return
Conning High Dividend Equity	12.14	11.70
Goldman Sachs Enhanced Large-Cap	11.32	10.99
AJO Top Cap	10.87	10.63
PGFG Focused Equity	11.89	10.57
MACRO Dividend Portfolio	11.36	10.39
GLOBALT Equity Income	10.94	10.36
Columbia Dividend Value	11.05	10.36
BMO Disciplined US Low Volatility Equity	10.89	10.35
Madison Dividend Income	11.11	10.31
WFAM Golden Disciplined US Div Yield	10.52	10.27

Source: Morningstar Separate Account/CIT Fund Database

Mid-Cap Value	1 year gross return	1 year net return
Nuance Mid Cap Value Separate Account	14.86	14.06
Anchor Mid Cap Value Institutional	13.24	12.42
DCM US Mid Cap Value Creators	12.38	11.77
MAP US Multi-Cap Value Composite	11.86	10.76
Jensen Quality Value Composite	9.97	9.25
WFAM Special US Mid Cap Value Eq	9.53	8.61
Dean Mid Cap Value	8.70	7.79
McKinley Capital U.S. Equity Income	8.35	7.77
Dean Inv Mid-Cap Value	8.70	7.66
Ceredex Mid Cap Value Equity	7.95	7.14

Source: Morningstar Separate Account/CIT Fund Database

Mid-Cap Value	5 year gross return	5 year net return
MAP US Multi-Cap Value Composite	12.95	11.84
Levin Easterly Mid Cap Value	11.77	10.67
Shapiro Capital Mgt All Cap Value	11.66	10.60
Nuance Mid Cap Value Separate Account	10.53	9.80
Clifford Capital All-Cap Value	10.27	9.68
Sycamore Mid Cap Value Comp	10.30	9.48
Anchor Mid Cap Value Institutional	10.15	9.41
AJO Managed Volatility	9.14	8.97
Boston Partners Mid-Cap Value Equity	8.92	8.55
Cooke & Bieler Mid Cap Value Eq	9.18	8.44

Source: Morningstar Separate Account/CIT Fund Database

Small Value	1 year gross return	1 year net return
Vulcan Value Partners Small Cap Stra	7.21	6.31
Anchor Founders Value Institutional	5.77	5.77
DePrince, Race & Zollo, Sm-Cap Val	4.43	3.51
Ballast Quality Value SmallCap	4.23	3.20
Sycamore Small Cap Value Comp	4.19	3.16
Gabelli Small Cap SMA Wrap	2.83	2.36
Horizon Small Cap Value	1.95	1.95
DePrince, Race & Zollo SMID Cap Value	1.95	1.10
Perkins Small Cap Value	1.85	0.92
Olstein US SMID Value Equity	1.28	0.28

Source: Morningstar Separate Account/CIT Fund Database

Small Value	5 year gross return	5 year net return
Pacific Ridge Capital Ptnrs Micro Cp Val	11.71	10.00
Sycamore Small Cap Value Comp	10.56	9.45
DePrince, Race & Zollo, Micro Cap Val	9.57	8.45
Fuller & Thaler Small-Cap Value	7.99	7.55
Jacobs Levy Sm Cap Val (R 2500 Val)	8.41	7.51
Perkins Small Cap Value	8.46	7.50
CornerCap Fundametrics Small	8.61	7.43
WFAM Special US Small Cap Value Eq	8.48	7.40
Denali Network Value Micro	8.68	7.35
Hotchkis & Wiley -Small Cap Divsfd Value	7.88	7.23

Source: Morningstar Separate Account/CIT Fund Database

Bear Market	1 year gross return	1 year net return
Federated Alternative Bear Equity Comp	-10.52	-11.64

Source: Morningstar Separate Account/CIT Fund Database

Bear Market	5 year gross return	5 year net return
Federated Alternative Bear Equity Comp	-10.86	-12.13

Source: Morningstar Separate Account/CIT Fund Database

Financial	1 year gross return	1 year net return
Manole Fin Tech	15.44	14.30
Confluence BDC-Wrap	10.89	9.26
McKinley Capital Business Development Co	8.09	6.78
Penn Capital FinTech Catalyst	-3.47	-3.66
ZPR Volume Value	-4.18	-5.76
ZPR Volume Winners	-6.27	-7.46
J.P. Morgan Global Bank Opportunities	-10.11	-11.34

Source: Morningstar Separate Account/CIT Fund Database

Financial	5 year gross return	5 year net return
ZPR Volume Value	15.92	14.06
ZPR Volume Winners	13.79	12.04
Penn Capital FinTech Catalyst	11.76	11.48
Confluence BDC-Wrap	4.73	3.24
Manole Fin Tech	0.00	0.00
McKinley Capital Business Development Co	0.00	0.00
J.P. Morgan Global Bank Opportunities	0.00	0.00

Source: Morningstar Separate Account/CIT Fund Database

Health	1 year gross return	1 year net return
ARK Genomic Revolution	22.01	21.09
Nicholas Inv-NicHealth	16.76	14.54
Janus Henderson Global Life Sciences	11.37	10.66
Financial Trust Health Value	-8.71	-9.84

Source: Morningstar Separate Account/CIT Fund Database

Health	5 year gross return	5 year net return
Janus Henderson Global Life Sciences	11.40	10.69
Financial Trust Health Value	6.04	4.73
ARK Genomic Revolution	0.00	0.00
Nicholas Inv-NicHealth	0.00	0.00

Source: Morningstar Separate Account/CIT Fund Database

Natural Resources	1 year gross return	1 year net return
KBIGI Global Resource Solution	5.26	4.37
Cohen & Steers Natural Resources	2.45	1.78
Investec Global Natural Res Composite	-2.99	-3.72
Wellington Global Natural Resources	-4.64	-5.62
The Boston Global Natural Resources	-9.48	-10.17
Jennison Global Natural Resources	-16.38	-17.01
Financial Trust Global Resources	-20.22	-21.21

Source: Morningstar Separate Account/CIT Fund Database

Natural Resources	5 year gross return	5 year net return
KBIGI Global Resource Solution	1.23	0.37
Cohen & Steers Natural Resources	0.10	-0.54
The Boston Global Natural Resources	-0.96	-1.74
Investec Global Natural Res Composite	-1.96	-2.72
Wellington Global Natural Resources	-2.34	-3.31
Financial Trust Global Resources	-7.82	-8.96
Jennison Global Natural Resources	-9.65	-10.08

Source: Morningstar Separate Account/CIT Fund Database

Equity Precious Metals	1 year gross return	1 year net return
WFAM Precious Metals	16.50	15.40
GAMCO Gold	14.14	13.05
VanEck Global Hard Assets Composite	-18.39	-19.03

Source: Morningstar Separate Account/CIT Fund Database

Equity Precious Metals	5 year gross return	5 year net return
GAMCO Gold	-0.31	-1.27
WFAM Precious Metals	-0.33	-1.28
VanEck Global Hard Assets Composite	-10.60	-11.31

Source: Morningstar Separate Account/CIT Fund Database

Real Estate	1 year gross return	1 year net return
Adelante NewCORE Strategy	21.46	20.62
Cohen & Steers US Realty TR SMA	16.55	15.71
Cohen & Steers US Realty Total Return	16.50	15.56
WFAM PMV REIT Equity	16.28	15.42
PGI Real Estate Equity Securities	15.50	14.90
Cohen & Steers US Realty Focus	15.32	14.46
Wellington Real Estate Securities	14.45	13.56
American Century US Real Estate Secs	14.49	13.34
LaSalle U.S. Real Estate Securities	13.55	12.87
Adelante Total Return Strategy Composite	13.09	12.60

Source: Morningstar Separate Account/CIT Fund Database

Real Estate	5 year gross return	5 year net return
Cohen & Steers US Realty Focus	12.36	11.43
PGI Real Estate Equity Securities	10.38	9.78
Heitman US Focused RE Securities	10.45	9.74
Heitman US RE Securities	10.06	9.54
Anchor REIT	10.06	9.50
Cohen & Steers US Realty TR SMA	10.09	9.28
Cohen & Steers US Realty Total Return	10.09	9.19
Wellington Real Estate Securities	9.66	8.84
Sterling Stratton Real Estate Composite	9.46	8.82
Chilton Capital REIT	9.60	8.67

Source: Morningstar Separate Account/CIT Fund Database

Technology	1 year gross return	1 year net return
Princeton Young Enterprise Shares (YES)	24.07	22.72
J.P. Morgan US Technology Leaders - MA	21.03	20.59
Wellington Global Technology	14.50	13.65
Wellington Global Technology Opps	14.51	13.64
Janus Henderson Global Technology	13.95	13.23
AllianzGI Global Technology Equity	14.15	13.03
Oak Associates Technology Portfolio	13.98	12.29
Zevenbergen Genea Growth	12.75	11.71
Columbia Global Technology Growth	12.13	11.03
MFS Technology Equity	11.26	10.47

Source: Morningstar Separate Account/CIT Fund Database

Technology	5 year gross return	5 year net return
J.P. Morgan US Technology Leaders - MA	21.02	20.57
RS Science And Technology Composite	21.25	20.05
Columbia Global Technology Growth	20.56	19.39
Zevenbergen Genea Growth	19.53	18.45
MFS Technology Equity	19.30	18.42
Janus Henderson Global Technology	18.96	18.19
AllianzGI Global Technology Equity	18.67	17.63
Wellington Global Technology	18.18	17.31
Wellington Global Technology Opps	17.68	16.79
Oak Associates Technology Portfolio	16.30	15.21

Source: Morningstar Separate Account/CIT Fund Database

Utilities	1 year gross return	1 year net return
Miller/Howard – Utilities Plus	17.05	15.90
MFS Utilities Equity	15.30	14.55

Source: Morningstar Separate Account/CIT Fund Database

Utilities	5 year gross return	5 year net return
Miller/Howard – Utilities Plus	7.95	6.88
MFS Utilities Equity	5.15	4.47

Source: Morningstar Separate Account/CIT Fund Database

Equity Energy	1 year gross return	1 year net return
Miller/Howard Drill Bit Burn Tip® No K1s	-5.09	-6.05
Miller/Howard Drill Bit Burn Tip®	-6.51	-7.45
Drill Bit to Burner Tip® No K1s SMA	-5.51	-8.32
Miller/Howard Drill Bit Burner Tip® SMA	-6.69	-9.47
Tortoise Select Energy Opportunity	-15.59	-16.31
Wellington Energy	-18.24	-19.08
BP Capital TwinLine Energy	-23.47	-24.42
Orleans Energy Opportunities	-33.96	-34.64
Ivy Energy Model Portfolio	0.00	0.00

Source: Morningstar Separate Account/CIT Fund Database

Equity Energy	5 year gross return	5 year net return
Miller/Howard Drill Bit Burn Tip®	-3.70	-4.66
Miller/Howard Drill Bit Burn Tip® No K1s	-3.78	-4.74
BP Capital TwinLine Energy	-5.46	-6.55
Drill Bit to Burner Tip® No K1s SMA	-3.78	-6.64
Miller/Howard Drill Bit Burner Tip® SMA	-3.78	-6.64
Tortoise Select Energy Opportunity	-6.94	-7.82
Wellington Energy	-7.83	-8.76
Orleans Energy Opportunities	-17.04	-17.89
Ivy Energy Model Portfolio	0.00	0.00

Source: Morningstar Separate Account/CIT Fund Database

Aggressive Allocation	1 year gross return	1 year net return
Congress Asset Mgt Multi-Cap Balanced	11.34	10.90
Eads & Heald Wealth Managment Bal	11.14	10.22
Bartlett & Co. Socially Responsible Bal	10.72	10.14
iSectors Post-MPT Growth Allocation	10.19	9.32
C.J. Lawrence Balanced Strategy	10.58	9.04
Calamos US Opportunities Composite	9.46	8.74
Securian AM Real Asset Income	9.35	8.69
CNR Capital Growth Txbl	9.33	8.04
Peavine Capital Aggressive	8.19	7.77
Nuveen Stable Gr Bal Advsr Spnsrd	11.00	7.74

Source: Morningstar Separate Account/CIT Fund Database

Aggressive Allocation	5 year gross return	5 year net return
Clark Navigator MultiStrategy 75-25	8.54	8.54
Congress Asset Mgt Multi-Cap Balanced	8.58	8.14
Calamos US Opportunities Composite	8.75	8.03
Eads & Heald Wealth Managment Bal	8.83	7.93
C.J. Lawrence Balanced Strategy	9.11	7.89
SMART Portfolio-Mod Agg-American Core	7.86	7.86
Dorsey Wright Sys Reltv Strength Bal	8.89	7.83
Atalanta Sosnoff Balanced	8.44	7.78
SMART Portfolio-Mod Agg-Transamerica	7.78	7.78
SMART Portfolio-Mod Agg-iShares Core	7.66	7.66

Source: Morningstar Separate Account/CIT Fund Database

Bank Loan	1 year gross return	1 year net return
BNP Paribas Global Loans	6.83	6.19
Bain Capital Liquid Senior Loan	4.82	4.43
T. Rowe Price Floating Rate Bank Loan	4.91	4.39
Stone Harbor Leveraged Loans	4.57	4.27
TCW Bank Loans	4.85	4.27
Penn Capital Def Floating Rate Inc	4.68	4.26
MacKay Hi Yld Floating Rate Composite	4.79	4.23
Aegon Bank Loans	4.80	4.23
Pacific Corporate Bank Loan Composite	4.63	4.09
Shenkman Capital Mgt Bank Loan Composite	4.59	4.08

Source: Morningstar Separate Account/CIT Fund Database

Bank Loan	5 year gross return	5 year net return
Octagon Senior Secured Credit	5.30	4.62
Pacific Corporate Bank Loan Composite	4.32	4.18
Eaton Vance Mgt Senior Secured Floating	4.52	4.03
Aegon Bank Loans	4.58	4.00
MacKay Hi Yld Floating Rate Composite	4.58	3.96
Federated Bank Loan Composite	4.47	3.95
Loomis Sayles Sr Floating Rate and FI	4.45	3.94
Aegon Bank Loans Constrained	4.45	3.93
PGIM Fixed Inc US Sr Sec Loans Composite	4.45	3.88
T. Rowe Price Floating Rate Bank Loan	4.30	3.79

Source: Morningstar Separate Account/CIT Fund Database

Small Value	1 year gross return	1 year net return
Vulcan Value Partners Small Cap Stra	7.21	6.31
Anchor Founders Value Institutional	5.77	5.77
DePrince, Race & Zollo, Sm-Cap Val	4.43	3.51
Ballast Quality Value SmallCap	4.23	3.20
Sycamore Small Cap Value Comp	4.19	3.16
Gabelli Small Cap SMA Wrap	2.83	2.36
Horizon Small Cap Value	1.95	1.95
DePrince, Race & Zollo SMID Cap Value	1.95	1.10
Perkins Small Cap Value	1.85	0.92
Olstein US SMID Value Equity	1.28	0.28

Source: Morningstar Separate Account/CIT Fund Database

Small Value	5 year gross return	5 year net return
Pacific Ridge Capital Ptnrs Micro Cp Val	11.71	10.00
Sycamore Small Cap Value Comp	10.56	9.45
DePrince, Race & Zollo, Micro Cap Val	9.57	8.45
Fuller & Thaler Small-Cap Value	7.99	7.55
Jacobs Levy Sm Cap Val (R 2500 Val)	8.41	7.51
Perkins Small Cap Value	8.46	7.50
CornerCap Fundametrics Small	8.61	7.43
WFAM Special US Small Cap Value Eq	8.48	7.40
Denali Network Value Micro	8.68	7.35
Hotchkis & Wiley -Small Cap Divsfd Value	7.88	7.23

Source: Morningstar Separate Account/CIT Fund Database

Mid-Cap Value	1 year gross return	1 year net return
Nuance Mid Cap Value Separate Account	14.86	14.06
Anchor Mid Cap Value Institutional	13.24	12.42
DCM US Mid Cap Value Creators	12.38	11.77
MAP US Multi-Cap Value Composite	11.86	10.76
Jensen Quality Value Composite	9.97	9.25
WFAM Special US Mid Cap Value Eq	9.53	8.61
Dean Mid Cap Value	8.70	7.79
McKinley Capital U.S. Equity Income	8.35	7.77
Dean Inv Mid-Cap Value	8.70	7.66
Ceredex Mid Cap Value Equity	7.95	7.14

Source: Morningstar Separate Account/CIT Fund Database

Mid-Cap Value	5 year gross return	5 year net return
MAP US Multi-Cap Value Composite	12.95	11.84
Levin Easterly Mid Cap Value	11.77	10.67
Shapiro Capital Mgt All Cap Value	11.66	10.60
Nuance Mid Cap Value Separate Account	10.53	9.80
Clifford Capital All-Cap Value	10.27	9.68
Sycamore Mid Cap Value Comp	10.30	9.48
Anchor Mid Cap Value Institutional	10.15	9.41
AJO Managed Volatility	9.14	8.97
Boston Partners Mid-Cap Value Equity	8.92	8.55
Cooke & Bieler Mid Cap Value Eq	9.18	8.44

Source: Morningstar Separate Account/CIT Fund Database

Large Value	1 year gross return	1 year net return
Dearborn High and Rising Dividends	19.61	17.74
DCM US Large Cap Value Creators	17.87	17.29
Madison Dividend Income	17.71	16.90
BMO Disciplined US Low Volatility Equity	16.81	16.28
Cooke & Bieler Concentrated Value Equity	16.69	15.68
Conning High Dividend Equity	15.89	15.43
SmithAssetMgt-Dividend Growth	15.44	14.87
Crawford Inv Counsel Dividend Growth	15.34	14.84
Nuance Concentrated Value	15.60	14.75
Northern Trust QDF Defensive	15.15	14.64

Source: Morningstar Separate Account/CIT Fund Database

Large Value	5 year gross return	5 year net return
Conning High Dividend Equity	12.14	11.70
Goldman Sachs Enhanced Large-Cap	11.32	10.99
AJO Top Cap	10.87	10.63
PGFG Focused Equity	11.89	10.57
MACRO Dividend Portfolio	11.36	10.39
GLOBALT Equity Income	10.94	10.36
Columbia Dividend Value	11.05	10.36
BMO Disciplined US Low Volatility Equity	10.89	10.35
Madison Dividend Income	11.11	10.31
WFAM Golden Disciplined US Div Yield	10.52	10.27

Source: Morningstar Separate Account/CIT Fund Database

Small Growth	1 year gross return	1 year net return
Granahan Inv Mgt - Sm Cap Focused Grth	32.47	31.28
Port Capital Small Cap Equity	24.96	24.08
Morgan Stanley Inception	21.66	20.83
Wasatch Small Cap Growth Composite	21.31	20.25
Granahan SC Advantage	20.64	20.14
Columbia Small Cap Growth	21.19	20.12
Alger Small Cap Focus SMA Composite	19.71	19.69
Kayne Anderson Rudnick SC Sustain Growth	20.37	19.18
Next Century Growth Micro Cap Growth	19.15	18.40
Alger Small Cap Focus Composite	18.86	17.96

Source: Morningstar Separate Account/CIT Fund Database

Small Growth	5 year gross return	5 year net return
Kayne Anderson Rudnick SC Sustain Growth	23.56	22.36
Granahan Inv Mgt - Sm Cap Focused Grth	22.90	22.10
Next Century Growth Micro Cap Growth	19.42	18.58
Kayne Anderson Rudnick SC Quality Select	19.28	17.79
Ashford Small Company Growth	17.74	16.91
Driehaus Micro Cap Growth	18.06	16.90
Driehaus Small Cap Growth	17.62	16.62
Friess Small Cap Growth	17.15	16.13
Brown Capital Small Company	17.12	16.11
Columbia Small Cap Growth	16.08	15.05

Source: Morningstar Separate Account/CIT Fund Database

Mid-Cap Growth	1 year gross return	1 year net return
Elemental Capital Small and Mid-Cap Gr	33.65	31.12
Morgan Stanley Discovery	30.61	29.58
Salient MLP High Conviction	2.32	27.55
Riverbridge Concentrated Growth	24.22	22.46
DF Dent Mid Cap Growth	21.32	20.70
Brown Capital Mid Company	21.20	20.55
BlackRock Md-Cap Gr Eq	21.45	20.50
Kayne Anderson Rudnick Mid Sustain Gr	21.16	20.28
Artisan U.S. Mid-Cap Growth	21.12	20.02
Baron Mid Cap Growth Strategy	20.98	19.79

Source: Morningstar Separate Account/CIT Fund Database

Mid-Cap Growth	5 year gross return	5 year net return
Kayne Anderson Rudnick Mid Sustain Gr	17.84	16.98
Kayne Anderson Rudnick Small Cap Core	17.62	16.48
BlackRock Md-Cap Gr Eq	17.06	16.27
Fiera Mid Cap Growth	15.88	14.77
Janus Henderson Mid Cap Growth	15.40	14.65
Brown Advisory Mid-Cap Composite	15.27	14.57
Jackson Square - Smid-Cap Growth-Focus	15.46	14.57
Riverbridge Concentrated Growth	16.71	14.53
Snyder Capital Mgt Concen All-Cap Value	15.62	14.51
Federated Kaufmann Growth Equity Comp	15.96	14.36

Source: Morningstar Separate Account/CIT Fund Database

Large Growth	1 year gross return	1 year net return
Atlanta High Quality Focused Growth	27.50	26.63
Morgan Stanley Insight	26.97	25.78
Atlanta High Quality Calvert Equity	26.33	25.35
Commerce Large-cap Growth Composite	17.25	25.27
Atlanta High Quality Focused Growth Wrap	27.77	25.24
Marshfield Core Value Equity	26.43	24.95
Atlanta High Quality Growth Plus	25.52	24.66
Atlanta High Quality Select Equity	24.37	23.64
TCW New America Premier Equities	24.32	23.39
AB Concentrated US Growth	23.77	22.74

Source: Morningstar Separate Account/CIT Fund Database

Large Growth	5 year gross return	5 year net return
Morgan Stanley Insight	20.86	19.70
Peregrine Capital Mgt Large Cap Growth	19.84	19.34
Morgan Stanley Growth	18.32	17.46
Polen Focus Growth	18.01	17.43
ARI Global Opportunities (ESG)	17.01	16.90
Baillie Gifford US Equities	17.54	16.86
Brown Advisory Lg-Cap Sustainable Growth	17.10	16.49
Morgan Stanley Advantage	17.02	16.40
Loomis Sayles All Cap Growth	16.54	15.99
Commerce Large-cap Growth Composite	15.03	15.90

Source: Morningstar Separate Account/CIT Fund Database

Small Blend	1 year gross return	1 year net return
Gyroscope SMID Cap Low Vol Portfolio	15.14	13.65
River Road Small-Mid Cap Val Eq Comp	11.02	10.29
Burgundy US Small Cap Value Composite	10.89	9.84
River Road Small Cap Value Eq Composite	10.50	9.54
NewSouth Capital Mgt NSCM Sm Cap Val Eq	9.21	8.40
RS Small Cap Value	8.78	7.69
Segall Small Cap Value Concentrated	7.90	7.49
Kennedy ESG SMID Cap	7.79	7.17
Calvert Small Cap Core Strategy	7.97	7.16
Wellington Small Cap Opportunities	7.42	6.46

Source: Morningstar Separate Account/CIT Fund Database

Small Blend	5 year gross return	5 year net return
Jacobs Levy Small Cap (S&P 600)	12.29	11.36
WCM Focused Small Cap	11.38	11.14
Calvert Small Cap Core Strategy	11.01	10.89
Martingale Low Volatility SmallCap+	11.62	10.59
Segall Small Cap Value Concentrated	10.76	10.29
River Road Small-Mid Cap Val Eq Comp	10.77	10.04
Wellington Small Cap Opportunities	10.97	9.98
Jacobs Levy Small Cap (Russell 2000)	10.86	9.94
River Road Small Cap Value Eq Composite	10.77	9.87
Pacific Income Small Cap Core	10.95	9.86

Source: Morningstar Separate Account/CIT Fund Database

Mid-Cap Blend	1 year gross return	1 year net return
NewSouth Capital Mgt NSCM SMIDCap Val Eq	15.75	14.91
Janus Henderson Opportunistic Alpha	14.66	13.93
Morgan Dempsey Midcap Institutional	14.67	13.58
The London Co Mid Cap	13.68	13.25
Boston Trust Mid Cap Equity	13.78	12.81
River Road Focused Absolute Value Comp	12.88	12.44
SFE Pathways™ (SRI) All-Cap Composite	12.87	12.39
Cambiar SMID Value	13.11	12.38
Sterling SMID Opportunities SMA	12.64	11.29
The CMC Dividend Appreciation	11.68	11.20

Source: Morningstar Separate Account/CIT Fund Database

Mid-Cap Blend	5 year gross return	5 year net return
The London Co Mid Cap	11.31	10.85
Blackrock Russ 3000 Alpha Tilts Compt	11.16	10.85
EARNEST Mid Cap Core	11.69	10.57
Boston Trust Mid Cap Equity	11.54	10.51
River Road Focused Absolute Value Comp	11.00	10.43
Bahl & Gaynor - Small/Mid Cap Income Gr	10.74	10.37
Clarkston Capital SMID Composite	10.82	10.26
Piedmont Optimized SMid Core	10.39	10.03
Zacks Mid-Cap Core Strategy	10.79	10.00
EARNEST Mid Cap Value	11.08	9.97

Source: Morningstar Separate Account/CIT Fund Database

Large Blend	1 year gross return	1 year net return
Euclid Advisory Large Cap Growth	22.46	21.02
Copeland All Cap Dividend Growth	20.20	19.49
Washington Crossing Rising Div Portfolio	19.88	19.47
Gyroscope Low Volatility Portfolio	20.96	18.81
Wellington Select Quality Equity	19.56	18.75
JWB Equity Composite	17.80	17.48
BFM High Quality Dividend Appreciation	18.29	17.36
MFS Low Volatility US Equity	17.69	17.29
OakBrook Select Equity	17.63	17.20
Bahl & Gaynor Inv Counsel Quality Gr	17.70	17.20

Source: Morningstar Separate Account/CIT Fund Database

Large Blend	5 year gross return	5 year net return
Euclid Advisory Large Cap Growth	18.72	17.27
Andersen Weather Mark	15.25	14.11
BFM High Quality Dividend Appreciation	13.61	12.80
Mellon Capital Dynamic U.S. Equity Comp	13.32	12.79
Fisher US Total Return	12.97	12.67
AB US Strategic Core Equity	12.97	12.47
Washington Crossing Rising Div Portfolio	12.67	12.28
Chicago FactorSmart Dynamic Beta	12.53	12.26
Stance Equity	13.30	12.25
Calvert US Lg Cap Core Responsible strgy	11.19	12.21

Source: Morningstar Separate Account/CIT Fund Database

Long/Short Equity	1 year gross return	1 year net return
Robinson Market Opportunity	14.44	13.47
River Road Long-Short Equity	13.11	12.14
BlackRock Alpha Advantage 500 Composite	10.49	10.23
Trowbridge Dync Low Volatil (Adv Class)	10.54	10.15
Wellington Hedged Alpha Opportunities	9.30	8.46
AGFiQ Core ETF Absolute Return	8.23	8.23
Cognios Quantitiatve Long-Short Growth	7.07	7.07
M.D. Sass Equity Income Plus	7.15	6.34
Clark Navigator Alternative	5.50	5.13
Nicholas Inv-US Convertible Arbitrage	6.02	4.96

Source: Morningstar Separate Account/CIT Fund Database

Long/Short Equity	5 year gross return	5 year net return
BlackRock Alpha Advantage 500 Composite	11.54	11.43
QMA US Core Equity Extended	10.81	10.10
WFAM Analytic Global Long/Short Eq	7.16	6.53
Calamos Phineus Long/Short Composite	7.70	6.27
Epoch Global Absolute Return	6.70	5.49
Elite Tactical Long/Short	6.17	5.13
Robinson Market Opportunity	5.94	5.01
Astor Dynamic Allocation	6.71	4.68
River Road Long-Short Equity	5.68	4.61
PVG Dynamic Core ETF	5.68	4.48

Source: Morningstar Separate Account/CIT Fund Database

Leveraged Net Long	1 year gross return	1 year net return
Martingale Low Volatility Long/Short	13.77	13.04
LA Capital U.S. Large Cap Active Exten	13.07	12.66
AJO Top Cap Absolute Value 130/30	9.40	9.01
PVG Global Macro Portfolio	9.48	8.15
Large Cap Core 130/30	8.24	7.86
UBS: US Equity Opportunity Unconstrained	6.78	6.65
Chicago Equity Large Cap 130/30	6.73	6.10
Quant US Large Cap 130/30 Equity	5.11	4.33
Martingale 130/30 LargeCap Growth	4.71	4.03
Constantia Large Cap 130/30	4.02	3.40

Source: Morningstar Separate Account/CIT Fund Database

Leveraged Net Long	5 year gross return	5 year net return
Martingale Low Volatility Long/Short	14.12	13.31
LA Capital U.S. Large Cap Active Exten	11.86	11.49
Martingale 130/30 LargeCap Growth	11.81	11.02
Chicago Equity Large Cap 130/30	10.97	10.29
Large Cap Core 130/30	10.34	9.84
MacKay Shields US Equity Opportunities	10.49	9.84
UBS: US Equity Opportunity Unconstrained	9.86	9.73
Constantia Large Cap 130/30	9.96	9.30
AJO Top Cap Absolute Value 130/30	9.45	9.09
Martingale 130/30 LargeCap Core 500	9.85	9.06

Source: Morningstar Separate Account/CIT Fund Database

Market Neutral	1 year gross return	1 year net return
SSI Convertible Income	5.86	4.85
Research Market Neutral	4.98	4.45
Constantia Merger-Arbitrage	5.01	4.42
PSI Managed Volatility	3.75	2.72
Constantia Equity Market Neutral	1.68	0.87
Copeland Risk Managed Dividend Growth	0.84	-0.15
Q3 Bull Cipher	2.10	-0.17
Convergence Market Neutral	-1.40	-2.43
Cognios Market Neutral Large Cap Value	-1.35	-2.70
PVG Loss Averse Equity Income	-4.05	-5.42

Source: Morningstar Separate Account/CIT Fund Database

Market Neutral	5 year gross return	5 year net return
Constantia Merger-Arbitrage	5.38	4.81
Copeland Risk Managed Dividend Growth	5.34	4.28
Cognios Market Neutral Large Cap Value	4.83	3.34
SSI Convertible Income	3.69	2.69
Constantia Equity Market Neutral	2.92	1.98
Research Market Neutral	1.96	1.04
Invesco US Market Neutral Equity	0.21	0.21
PSI Managed Volatility	-0.33	-1.33
Martingale Equity Market Neutral	-1.69	-2.68
PVG Loss Averse Equity Income	-1.50	-2.84

Source: Morningstar Separate Account/CIT Fund Database

World Stock	1 year gross return	1 year net return
WCM Quality Global Growth	20.57	19.95
ACM Global Growth	21.01	19.68
WCM Quality Growth Global ADR	20.22	19.51
Martin Global Investing	19.44	18.31
Wellington Global Dividend Growth	18.78	17.88
OakBrook Global Select Equity	16.71	17.59
Sands Global Leaders Equity Composite	17.72	16.75
Mar Vista Global Equity	16.49	15.64
Impax Global Opportunities	16.43	15.56
Morgan Stanley Glbl Franchise	16.30	15.47

Source: Morningstar Separate Account/CIT Fund Database

World Stock	5 year gross return	5 year net return
Morgan Stanley Global Opportunity	18.12	16.87
Wellington Global Growth (AUD)	17.46	16.59
Baillie Gifford Long Term Global Growth	15.56	14.76
Baron Global Advantage Strategy	14.81	14.53
Wellington Global Research ex-Aus	15.12	14.26
WCM Quality Global Growth	14.39	13.85
Jennison Global Equity Opportunities	14.50	13.65
SGA Global Large Cap Growth Equity	14.11	13.10
WCM Quality Growth Global ADR	13.85	13.09
T. Rowe Price Glb Focused Growth Equity	12.76	12.08

Source: Morningstar Separate Account/CIT Fund Database

Foreign Large Value	1 year gross return	1 year net return
Mondrian Inv Emerging Markets Wealth	6.77	5.47
Financial Trust Intl Leaders Index	5.49	4.18
Mondrian Inv Focused International Eq	4.04	3.40
Gilman Hill International Income Comp	4.05	3.01
Foresight International Value	3.39	2.70
Manning&Napier Discip Val-Intl ADR Comp	3.08	2.57
Mondrian Inv All Countries World ex US	2.74	2.56
Mondrian Inv Intl Eq	1.94	1.89
AllianzGI International Value	2.64	1.77
Northern Trust Tax Advtd S&P ADR	1.99	1.76

Source: Morningstar Separate Account/CIT Fund Database

Foreign Large Value	5 year gross return	5 year net return
State Street Int’l Value Spotlight	1.32	7.41
WFAM EverKey Focused Global Equity	6.15	5.10
Brandywine Intl Opportunistic Eq	4.71	3.93
Columbia International Equity	4.68	3.84
Acadian ACW ex-U.S. Equity Composite	4.23	3.46
RBC International Equity Fund	4.37	3.39
American Century Non-U.S. Intrinsic Val	3.82	3.36
Wellington Intl Contrarian Value	3.93	3.05
NT Quality Large Cap Core EAFE	3.37	2.95
ClariVest International Core	3.77	2.93

Source: Morningstar Separate Account/CIT Fund Database

Foreign Large Blend	1 year gross return	1 year net return
Int'l Alpha (ACWI Ex-US) Equities	3.38	10.75
Avalon International Value Equity	10.43	9.39
ACM International ADR	10.30	8.98
Calvert International Equity Strategy	9.02	8.29
MFS International Equity	8.27	7.45
Jarislowsky Fraser International Equity	6.71	6.08
Pyrford International Equity	6.69	5.97
WCM Focused International Value	5.82	5.34
Aristotle International Equity ADR	6.03	5.26
Innealta ETF Country Rotation	6.30	5.07

Source: Morningstar Separate Account/CIT Fund Database

Foreign Large Blend	5 year gross return	5 year net return
Fiduciary Mgt of Milwaukee Intl Comp	6.52	5.79
Int'l Alpha (ACWI Ex-US) Equities	4.64	5.60
AB International Strategic Core Equity	6.04	5.46
Parametric CC Dev World ex-US Local - TM	6.09	5.39
Acadian ADR Non-U.S. Equity Composite	6.09	5.30
Acadian Non-US ADR Eq (Model/LPL)	5.64	5.25
SmithAssetMgt-IntlLargeCap	6.25	5.19
Acadian Non-U.S. Concentrated Eq Compst	6.13	5.17
WCM Focused International Value	5.13	4.99
Clark Navigator International Equity/ADR	5.19	4.83

Source: Morningstar Separate Account/CIT Fund Database

Foreign Large Growth	1 year gross return	1 year net return
WCM Focused Growth International ADR	14.53	13.90
WCM Inv Mgt Focused Growth Intl	13.05	12.54
International Tortue Capital	13.00	11.91
MC International LT Unconstrained	12.06	11.70
SGA International Growth	11.14	10.04
GQG Partners International Equity	10.75	9.98
MFS International Concentrated Equity	10.73	9.80
Artisan Non-U.S. Growth	10.03	9.03
Walter Scott EAFE Composite (USD)	9.73	8.92
Invesco International Growth	9.13	8.27

Source: Morningstar Separate Account/CIT Fund Database

Foreign Large Growth	5 year gross return	5 year net return
Morgan Stanley International Advantage	13.81	12.55
Morgan Stanley International Opportunity	13.64	12.45
WCM Inv Mgt Focused Growth Intl	10.23	9.56
WCM Focused Growth International ADR	10.25	9.49
Jennison Intl Eq Opportunities Cmpst	8.99	8.53
Eagle Ridge International Quality	8.64	8.18
Mitchell Capital International Equity	9.06	8.10
Wellington International Quality Growth	8.82	8.01
MFS International Intrinsic Value Equity	8.43	7.61
William Blair International Leaders	8.23	7.37

Source: Morningstar Separate Account/CIT Fund Database

Foreign Small/Mid Value	1 year gross return	1 year net return
Runde Int'l Small-Cap Value	-2.03	-2.19
Templeton Intl Sm Cap Eq	-3.72	-4.63
DCM Global Ex-US Small Cap Structured	-4.74	-5.55
Causeway International Small Cap	-6.21	-6.93
LSV Asset Mgt Intl Sm-Cap Val Eq	-6.15	-7.06
Advisory Research Intl Small Cap Value	-6.08	-7.32
LMCG Int'l Sm Cap Eq	-6.66	-7.45
SSgA International Small Cap Active	-4.85	-8.03
ARGA International Small-Cap Strategy	-7.01	-8.13
Renaissance International Small Cap Eq	-7.52	-8.21

Source: Morningstar Separate Account/CIT Fund Database

Foreign Small/Mid Value	5 year gross return	5 year net return
LMCG Int'l Sm Cap Eq	5.77	4.81
LSV Asset Mgt Intl Sm-Cap Val Eq	4.54	3.51
Templeton Intl Sm Cap Eq	3.99	3.02
QMA International Small Cap Equity	3.65	2.78
Advisory Research Intl Small Cap Value	4.09	2.72
GlobeFlex International Micro Cap Cmpst	3.60	2.67
SSgA International Small Cap Active	3.55	2.13
Renaissance International Small Cap Eq	2.49	1.76
Segall Bryant International Small Cap	2.42	1.75
Brandes International Sm-Mid Cap Equity	1.41	0.47

Source: Morningstar Separate Account/CIT Fund Database

Foreign Small/Mid Growth	1 year gross return	1 year net return
Global Equity - Small Cap	12.04	11.21
Ashmore EM Middle East Equity	11.38	9.69
Brown Capital Intl Small Company	6.82	6.48
Copeland Inter Divsfd Small Cap Div Gr	5.89	4.42
Expedition Intl Micro Cap Comp	5.30	3.73
Winslow International Small Cap Comp	4.73	3.70
Wasatch Int'l Micro Cap Composite	5.12	3.61
Federated NonUS SmallMid Cap Equity Comp	3.18	2.14
GA International Small Cap Composite	2.33	1.46
MFS International Small-Mid Cap Equity	1.84	0.90

Source: Morningstar Separate Account/CIT Fund Database

Foreign Small/Mid Growth	5 year gross return	5 year net return
Brown Capital Intl Small Company	16.02	15.63
Expedition Intl Micro Cap Comp	12.98	11.31
Axiom International Small Cap Strategy	10.60	9.55
GA International Small Cap Composite	10.24	9.31
Winslow International Small Cap Comp	10.06	8.97
Wasatch Int'l Micro Cap Composite	10.37	8.51
OFI Global International Small-Mid Cap	9.35	8.40
Kayne Anderson Rudnick SC International	9.28	8.22
Global Equity - Small Cap	8.91	7.91
Kabouter International SMID-Cap	8.91	7.81

Source: Morningstar Separate Account/CIT Fund Database

Latin America Stock	1 year gross return	1 year net return
T. Rowe Price Latin America Equity	26.71	25.64
Morgan Stanley Latin America Equity	25.69	24.86
Latin American Equity	25.86	24.61
Ashmore Latin America Small Cap Equity	21.98	20.12
Financial Trust Latin Value Momentum	7.00	5.70

Source: Morningstar Separate Account/CIT Fund Database

Latin America Stock	5 year gross return	5 year net return
Financial Trust Latin Value Momentum	6.83	5.52
T. Rowe Price Latin America Equity	2.83	1.96
Latin American Equity	1.47	0.46
Morgan Stanley Latin America Equity	0.00	-0.57
Ashmore Latin America Small Cap Equity	-0.22	-1.77

Source: Morningstar Separate Account/CIT Fund Database

Europe Stock	1 year gross return	1 year net return
T. Rowe Price Europe ex-UK Equity	7.54	7.02
Burgundy European Equity Composite	7.49	6.43
NS Partners European Equity	5.46	4.83
T. Rowe Price Europe Equity	5.24	4.71
Intech European Large Cap Core	4.86	4.30
MFS European Research Equity	4.03	3.42
LA Capital Europe Equity	3.70	3.03
Vontobel Quality Growth European Equity	3.19	2.89
FIIG European Equity	2.87	1.93
Baillie Gifford Europe ex-UK Equities	2.47	1.91

Source: Morningstar Separate Account/CIT Fund Database

Europe Stock	5 year gross return	5 year net return
Intech European Large Cap Core	7.48	6.93
Baillie Gifford Europe ex-UK Equities	6.13	5.49
Boston Company Euroland Small Cap Equity	6.21	5.21
Wellington Strategic European Equity	5.98	5.20
T. Rowe Price Europe Smaller Comp Equity	5.89	5.11
SSgA Eurozone Value Spotlight	5.82	5.01
MFS European Research Equity	4.97	4.30
Burgundy European Equity Composite	4.94	3.91
PGI European Equity	4.31	3.85
T. Rowe Price Europe ex-UK Equity	4.34	3.83

Source: Morningstar Separate Account/CIT Fund Database

Japan Stock	1 year gross return	1 year net return
Baillie Gifford Japan Growth	-2.53	-3.12
Baillie Gifford Japanese All Cap	-2.86	-3.49
MFS Japan Equity	-4.02	-4.65
FIAM Japan Growth	-4.26	-5.03
Lazard Japanese Equity	-5.20	-5.42
Burgundy Focus Asian Composite	-4.99	-5.70
Burgundy Asian (All Cap) Composite	-5.51	-6.45
NWQ Japan Equity	-6.03	-6.79
Brandes Japan Equity	-7.57	-8.33
Acadian Japanese Equity Composite	-7.72	-8.42

Source: Morningstar Separate Account/CIT Fund Database

Japan Stock	5 year gross return	5 year net return
Burgundy Focus Asian Composite	10.93	10.06
Burgundy Asian (All Cap) Composite	10.85	9.75
Baillie Gifford Japanese All Cap	9.08	8.38
Baillie Gifford Japan Growth	8.34	7.69
Dalton Japan Long Only Composite	8.09	7.21
Brandes Japan Equity	7.04	6.17
Usonian Japan Value	6.75	5.57
NWQ Japan Equity	6.33	5.49
MFS Japan Equity	5.59	4.92
Lazard Japanese Equity	5.10	4.78

Source: Morningstar Separate Account/CIT Fund Database

Pacific/Asia ex-Japan Stk	1 year gross return	1 year net return
Asia Pacific ex Japan Equity	7.52	6.45
Lazard Emg Markets Eq Blend Asia ADR	4.44	3.74
T. Rowe Price Asia Opportunities Eq Comp	2.78	2.06
MFS Asia ex Japan Equity	2.07	1.31
MFS Asia Pacific ex Japan	2.07	1.29
Brandes Asia Pacific ex-Japan Equity	1.91	0.95
Morgan Stanley Asia Opportunity	1.85	0.67
T. Rowe Price Asia ex-Japan Equity	1.13	0.41
Baillie Gifford Asia ex Japan Equities	-0.99	-1.64
Morgan Stanley Asia Pacific Equity	-1.42	-2.24

Source: Morningstar Separate Account/CIT Fund Database

Pacific/Asia ex-Japan Stk	5 year gross return	5 year net return
T. Rowe Price Asia Opportunities Eq Comp	9.59	8.82
MFS Asia ex Japan Equity	6.92	6.14
Investec 4Factor Asia Pacific ex Jap Eq	6.48	5.79
MFS Asia Pacific ex Japan	6.18	5.40
Baillie Gifford Asia ex Japan Equities	6.06	5.34
T. Rowe Price Asia ex-Japan Equity	6.11	5.27
Mirae Asset Asia Sector Leader Eq	5.37	4.16
Morgan Stanley Asia Equity	4.18	3.92
FIIG Asia ex-Japan Equity	4.78	3.90
Brandes Asia Pacific ex-Japan Equity	4.70	3.70

Source: Morningstar Separate Account/CIT Fund Database

Diversified Pacific/Asia	1 year gross return	1 year net return
State Street Asia Pac Value Spotlight	5.40	4.78
Asia Pacific inc Japan Equity	5.22	4.17
Impax Asia-Pacific	4.66	3.63
Financial Trust Asia ValueMomentum	-1.53	-2.75
Sit Inv Pac Basin	-2.53	-3.41
Accuvest Asian Advantage	-2.76	-3.46
Horizon Asia Institutional	-5.82	-6.76
WFAM SF Global Asia Pacific Equity	-6.23	-6.98
Dalton Asia Pacific Long Only Composite	-7.20	-7.96
Templeton Asia Pacific Eq	-8.13	-8.75

Source: Morningstar Separate Account/CIT Fund Database

Diversified Pacific/Asia	5 year gross return	5 year net return
ARI Asia Pacific	9.07	8.96
State Street Asia Pac Value Spotlight	9.26	8.61
Sit Inv Pac Basin	5.87	4.93
Financial Trust Asia ValueMomentum	5.98	4.67
Impax Asia-Pacific	5.50	4.45
WFAM SF Global Asia Pacific Equity	4.86	4.02
Accuvest Asian Advantage	4.23	3.60
Asia Pacific inc Japan Equity	4.64	3.59
Dalton Asia Pacific Long Only Composite	4.11	3.16
Horizon Asia Institutional	3.54	2.51

Source: Morningstar Separate Account/CIT Fund Database

Diversified Emerging Mkts	1 year gross return	1 year net return
Artisan Developing World Composite	20.05	18.81
Emerging Markets Equity	11.20	10.10
Thornburg Developing World Strategy	10.64	9.64
GQG Partners Emerging Markets Equity	10.11	9.19
RBC Emerging Markets Equity	9.85	8.81
JPMorgan Global Emg Markets Eq Focused	9.68	8.79
SGA Emerging Markets Growth	9.83	8.64
FIIG Frontier Markets	8.90	8.62
Oaktree Emerging Markets Equity	8.66	7.80
Baillie Gifford Emerging Mkts All Cap Eq	8.64	7.78

Source: Morningstar Separate Account/CIT Fund Database

Diversified Emerging Mkts	5 year gross return	5 year net return
Wellington Emerging Markets Equity (AUD)	10.37	9.28
JP Morgan GEM Discovery	8.01	7.57
Vontobel Quality Growth Asia Pac Equity	8.15	7.24
UBS Emerging Markets Equity HALO	7.72	7.24
Baillie Gifford Emerging Mkts Lead Co Eq	6.81	5.96
Baillie Gifford Emerging Mkts All Cap Eq	6.67	5.83
Wellington Emerging Markets Research Eq	6.66	5.72
T. Rowe Price Emerging Markets Equity	6.61	5.71
Barings Global Emerging Markets Equity	6.51	5.67
Lazard Emerging Markets Core Eq Sel ADR	6.49	5.43

Source: Morningstar Separate Account/CIT Fund Database

Global Real Estate	1 year gross return	1 year net return
Morgan Stanley Glbl Infrastructure Sec	13.61	12.53
American Century Global Real Estate	12.78	12.36
Cohen & Steers Global Realty Focus	12.71	11.71
Cohen & Steers Global Real Estate Secs	12.14	11.69
PGI Global Real Estate Securities	11.81	11.24
Duff&Phelps Glbl Real Estate Securities	11.88	10.93
Janus Henderson Global Eq-Property Eq	12.83	10.93
Global REIT Income Preference	10.76	10.00
Adelante Global Property Sec Fund LP	10.64	9.93
CenterSquare Global REIT	10.05	9.61

Source: Morningstar Separate Account/CIT Fund Database

Global Real Estate	5 year gross return	5 year net return
Cohen & Steers Global Realty Focus	10.35	9.37
Global REIT Income Preference	8.99	8.26
Duff&Phelps Glbl Real Estate Securities	8.56	7.67
Cohen & Steers Global Real Estate Secs	7.56	7.12
PGI Global Real Estate Securities	7.59	7.04
Cohen & Steers European Real Estate Secs	7.83	6.91
Adelante Global Strategy Composite	7.19	6.52
GF Multi-Factor Global REIT	7.52	6.49
CenterSquare Global REIT	6.83	6.39
Adelante Global Property Sec Fund LP	7.03	6.27

Source: Morningstar Separate Account/CIT Fund Database

World Bond	1 year gross return	1 year net return
Wellington Global Bond Unhedged (AUD)	12.47	12.07
MFS Global Aggregate Opportunistic FI	11.00	10.54
PGIM Fixed Inc Glob Aggregate Plus Comp	10.28	9.99
Stone Harbor Global High Yield 50/50	10.01	9.25
Stone Harbor Glbl High Yield Comp 70/30	9.50	9.14
MacKay Global Hi Yld Constrained Comp	8.99	8.99
T. Rowe Price Gbl Invmt Grade Corp Bond	8.99	8.66
Wellington Opportunistic Fixed Income	9.23	8.65
WFAM Global Bond (Hedged)	8.95	8.46
WFAM Global Bond Opportunity	8.88	8.39

Source: Morningstar Separate Account/CIT Fund Database

World Bond	5 year gross return	5 year net return
Wellington Global Bond Unhedged (AUD)	7.30	6.92
BW Global Unconstrained FI - Enhanced	6.33	5.17
PIMCO International Bond USD-Hedged	5.61	5.08
MFS Global Aggregate Opportunistic FI	5.20	4.77
PIMCO Global Aggregate Hedged	4.86	4.44
PIMCO Global Government Hedged	4.48	4.21
Wellington Opportunistic Fixed Income	4.84	4.16
Stone Harbor Global High Yield 50/50	4.36	3.91
UBS: Global Aggregate Bond	4.01	3.80
Stone Harbor Glbl High Yield Comp 70/30	4.11	3.74

Source: Morningstar Separate Account/CIT Fund Database

High Yield Bond	1 year gross return	1 year net return
Diamond Hill High Yield	10.33	9.78
PNC Cap Adv High Yield	10.00	9.44
Oaktree European High Yield Bonds	9.98	9.43
T. Rowe Price Global High Income Bd	9.87	9.33
Payden & Rygel High Yield	9.74	9.25
Cincinnati Asset Mgt High Yld	9.53	9.16
JPM Upper Tier High Yield	9.49	9.11
PGIM US Higher Quality High Yield	9.61	9.06
Columbia Inst High Yield Fixed Income	9.48	8.94
Oppenheimer Inv Mgmt High Yield FI	9.18	8.88

Source: Morningstar Separate Account/CIT Fund Database

High Yield Bond	5 year gross return	5 year net return
Herzfeld Fixed Income Composite	8.85	8.04
Artisan High Income	7.10	6.34
Diamond Hill Corporate Credit	6.72	6.24
MacKay Select High Yield Composite	6.50	5.89
Oaktree European High Yield Bonds	6.32	5.80
PGIM US Broad Market High Yield	5.99	5.46
Strategic Income Mmgt SiM High Yld Instl	5.84	5.43
DDJ U.S. Opportunistic High Yield Comp	5.92	5.41
MacKay Shields High Yld	5.80	5.27
Lord Abbett High Yield Opportunistic	5.78	5.21

Source: Morningstar Separate Account/CIT Fund Database

Intermediate Government	1 year gross return	1 year net return
SSgA U.S. Aggregate Bond Index Strategy	7.91	7.84
M.D. Sass Core Fix-Inc	7.44	7.16
Northern Trust Government Index	7.27	7.11
Chicago Equity Core Fix-Inc	7.35	7.08
MFS US Government Fixed Income	7.22	6.91
Breckinridge Core Interm Gov Credit	7.16	6.79
Amalgamated Bank Intermediate Duration	6.87	6.60
Garcia Hamilton Government/Credit	6.73	6.51
Great Lakes Core Government Only	6.53	6.44
TCW Index Plus MBS	6.67	6.40

Source: Morningstar Separate Account/CIT Fund Database

Intermediate Government	5 year gross return	5 year net return
Semper Active Mortgage-Backed Securities	4.79	4.42
Garcia Hamilton Government/Credit	3.54	3.32
SSgA U.S. Aggregate Bond Index Strategy	2.96	2.89
M.D. Sass Core Fix-Inc	3.03	2.75
Community Core Fixed Income Composite	2.95	2.57
Great Lakes Core Government Only	2.64	2.55
MFS US Government Fixed Income	2.78	2.48
Chicago Equity Core Fix-Inc	2.68	2.43
TCW Index Plus MBS	2.68	2.43
RBC Access Capital Community Invmt	2.82	2.40

Source: Morningstar Separate Account/CIT Fund Database

Intermediate-Term Bond	1 year gross return	1 year net return
Brandywine Global U.S. Fixed Income	12.33	12.00
Conning LDI Credit 5-15 Year Maturity	11.57	11.23
AB US Investment Grade Corporates	11.17	10.73
BlackRock Corporates	10.40	10.13
EARNEST Fixed Income Long Duration	10.28	9.91
Stadion Master Short Duration Fix Inc	9.75	9.71
WEDGE Core Govt/Corp Fixed Income	9.70	9.32
WS Core IG Credit	9.55	9.11
BBH Core Fixed Income	9.33	9.07
WS Core Bond	9.29	8.95

Source: Morningstar Separate Account/CIT Fund Database

Intermediate-Term Bond	5 year gross return	5 year net return
Brandywine Global U.S. Fixed Income	6.11	5.80
Spectrum Preferred Securities	6.04	5.79
Ross Sinclaire Taxable Total Return	5.22	4.69
BBH Core Fixed Income	4.91	4.65
EARNEST Fixed Income Long Duration	4.96	4.60
Ramirez Strategic Core Strategy	4.47	4.24
Templeton Taxable Municipal Intermediate	4.42	4.16
Belle Haven Taxable PLUS	4.53	4.15
AB US Investment Grade Corporates	4.44	4.00
Invesco Core Plus Composite	4.12	3.76

Source: Morningstar Separate Account/CIT Fund Database

Short Government	1 year gross return	1 year net return
JP Morgan Mortgage Backed Securities	7.40	7.11
Sit Inv Short Dur Strat	6.59	6.17
PNC Cap Adv Intermediate U.S. Governemnt	6.22	5.96
Capital Group PCS Core Bond Composite	6.38	5.94
Federated Short-Inter. US Govt FI Comp	6.19	5.89
Atlanta High Quality Intermediate	6.18	5.81
M.D. Sass 3-Year FI	6.24	5.78
Morgan Stanley U.S. Mortgage	5.92	5.78
INCORE Short Government Comp	5.41	5.04
Congress Asset Mgt Short-Term Fixed Inc	4.94	4.68

Source: Morningstar Separate Account/CIT Fund Database

Short Government	5 year gross return	5 year net return
JP Morgan Mortgage Backed Securities	3.46	3.18
Sit Inv Short Dur Strat	3.09	2.68
Morgan Stanley U.S. Mortgage	2.80	2.60
INCORE Short Government Comp	2.44	2.09
M.D. Sass 3-Year FI	2.39	2.00
Atlanta High Quality Intermediate	2.30	1.94
PNC Cap Adv Intermediate U.S. Governemnt	1.91	1.66
M.D. Sass 2-Year FI	1.72	1.47
Federated Short-Inter. US Govt FI Comp	1.76	1.44
Garcia Hamilton Short Duration	1.56	1.42

Source: Morningstar Separate Account/CIT Fund Database

Short-Term Bond	1 year gross return	1 year net return
MCM Tactical Income	8.68	8.41
BlackRock Core PLUS	8.17	8.04
BlackRock Core Bond Enhcd Idx	8.14	7.98
Aegon Structured Finance	7.93	7.61
WFAM U.S. Intermediate Income Focus	7.48	7.16
Merganser Interm. Bond	7.43	7.16
Sawgrass Intermediate Fixed Income	7.32	7.08
Richmond Capital Mgt Interm/Defensive	6.99	6.80
Wellington Intermediate Bond	7.11	6.78
OFI Global SNW Taxable Intermediate	6.97	6.73

Source: Morningstar Separate Account/CIT Fund Database

Short-Term Bond	5 year gross return	5 year net return
Aegon Structured Finance	4.56	4.26
Post Limited Term High Yield Comp	4.00	3.33
Frost Intermediate Taxable Composite	3.77	3.27
Manulife IM Strategic Fixed Income Opp	3.60	3.18
Frost Core Plus Composite	3.77	3.15
BlackRock Core PLUS	3.32	3.14
BlackRock Core Bond Enhcd Idx	3.20	3.10
Brandes Corporate Focus Fixed Income	3.24	2.89
WFAM U.S. Intermediate Income Focus	3.12	2.81
Dodge & Cox Intermediate FI Composite	3.06	2.74

Source: Morningstar Separate Account/CIT Fund Database

Ultrashort Bond	1 year gross return	1 year net return
Schroders Enhanced Securitized	7.38	6.89
DBF Short Duration Govt/Agency	4.94	4.67
Federated Low Duration Broad Comp	4.48	4.22
Janus Henderson Short Duration Bond	4.42	3.83
Winthrop Ultra-Short Fixed Income	4.42	3.82
FIAM Leveraged Loan Composite	4.32	3.80
RBC GAM US - Ultra Short Full Style	3.95	3.77
Federated Trade Finance Fixed Inc Comp	4.41	3.53
Federated Active Cash Broad FI Composite	3.57	3.40
Morgan Stanley U.S. Short Duration	3.44	3.38

Source: Morningstar Separate Account/CIT Fund Database

Ultrashort Bond	5 year gross return	5 year net return
Schroders Enhanced Securitized	5.55	5.04
FIAM Leveraged Loan Composite	4.03	3.51
Federated Trade Finance Fixed Inc Comp	3.20	2.32
BNP Paribas Mortgage Alpha	2.54	2.04
Pioneer Multi-Asset Ultrashort Income	2.22	1.96
RBC GAM US - Ultra Short Full Style	2.09	1.89
PIMCO Short Term	2.32	1.89
Federated Low Duration Broad Comp	2.13	1.84
Garcia Hamilton Short Duration Opp	1.89	1.78
Federated Active Cash Broad FI Composite	1.96	1.72

Source: Morningstar Separate Account/CIT Fund Database

Long Government	1 year gross return	1 year net return
Aegon Long US Treasury Strips	14.35	14.19
NISA 15+ STRIPS Fixed Income Composite	14.25	14.11
Hillswick Long Duration Government	14.35	13.50
Hoisington Inv Mgt Macroeconomic FI Comp	12.73	12.51
BNYM Mellon DB NSL Long Term Govt BI Fd	12.26	12.12
SSgA Long U.S. Govt Bond Index Strategy	12.02	11.97
W.E. DonoghuePowerTreasuryIndexPortfolio	13.26	11.85
PIMCO Long Duration Treasury	11.64	11.08
DoubleLine Long Duration Total Return	12.34	10.90

Source: Morningstar Separate Account/CIT Fund Database

Long Government	5 year gross return	5 year net return
NISA 15+ STRIPS Fixed Income Composite	7.83	7.62
Hillswick Long Duration Government	7.04	6.62
Hoisington Inv Mgt Macroeconomic FI Comp	6.50	6.27
SSgA Long U.S. Govt Bond Index Strategy	5.62	5.57
BNYM Mellon DB NSL Long Term Govt BI Fd	5.67	5.51
PIMCO Long Duration Treasury	5.79	5.28
Aegon Long US Treasury Strips	0.00	0.00
W.E. DonoghuePowerTreasuryIndexPortfolio	0.00	0.00
DoubleLine Long Duration Total Return	0.00	0.00

Source: Morningstar Separate Account/CIT Fund Database

Long-Term Bond	1 year gross return	1 year net return
Stadion Master Long Duration Fix Inc	18.56	18.47
Schroders Value Long Duration	14.16	17.78
Conning LDI Credit over 25 Year Maturity	16.32	15.99
PIMCO Long Term Bond - Long Credit	15.94	15.67
Standish Long Corporate	15.83	15.63
TCW Long Duration Credit	15.20	15.01
BlackRock US Long Credit	15.15	14.94
FIAM Long Corporate Composite	15.23	14.92
NISA Long Credit	15.12	14.86
Securian AM Long Duration Fixed Income	15.10	14.86

Source: Morningstar Separate Account/CIT Fund Database

Long-Term Bond	5 year gross return	5 year net return
PIMCO Long Term Bond - Long Credit	7.14	6.85
Camden Long Duration (Govt/Credit) Comp	7.09	6.61
Schroders Value Long Duration	5.97	6.48
PIMCO Long Term Bond Full Authority	6.71	6.46
Capital Group Long Crd 75%/Gov 25% Comp	6.68	6.41
Logan Circle Long Duration	6.47	6.15
TCW Long Duration Credit	6.23	6.04
Dodge & Cox Long Duration FI Composite	6.38	6.01
NISA Long Credit	6.19	5.95
Morgan Stanley U.S. Long Duration	6.16	5.94

Source: Morningstar Separate Account/CIT Fund Database

Multisector Bond	1 year gross return	1 year net return
PIMCO Diversified Income	11.49	10.76
Guggenheim Fixed Income	10.34	10.13
Cincinnati Asset Mgt Broad Mkt	10.34	10.01
FIAM Investment Grade Credit	11.06	9.94
Newfleet Global Multi-Sector Income Comp	10.64	9.15
GW&K Corporate Bond Opportunities Strat	9.78	9.07
FIAM Tactical Bond	9.25	8.81
GW&K Total Return Bond Strategy	9.39	8.69
Stone Harbor Core Plus	8.88	8.58
Federated Strategic Multi-Sector FI Comp	8.74	8.36

Source: Morningstar Separate Account/CIT Fund Database

Multisector Bond	5 year gross return	5 year net return
PIMCO Income Composite	5.77	5.20
Guggenheim Fixed Income	5.35	5.03
PIMCO Diversified Income	5.67	4.95
FIAM Tactical Bond	4.51	4.10
Federated Strategic Multi-Sector FI Comp	4.41	4.05
FIAM Investment Grade Credit	4.47	4.03
Columbia Strategic Income Allocation	4.62	3.99
Muzinich Global Tactical Credit	4.47	3.95
Invesco Multi-Sector Credit Composite	4.44	3.83
Loomis Sayles Multi-Sector Full Discretn	3.90	3.56

Source: Morningstar Separate Account/CIT Fund Database

High Yield Bond	1 year gross return	1 year net return
Diamond Hill High Yield	10.33	9.78
PNC Cap Adv High Yield	10.00	9.44
Oaktree European High Yield Bonds	9.98	9.43
T. Rowe Price Global High Income Bd	9.87	9.33
Payden & Rygel High Yield	9.74	9.25
Cincinnati Asset Mgt High Yld	9.53	9.16
JPM Upper Tier High Yield	9.49	9.11
PGIM US Higher Quality High Yield	9.61	9.06
Columbia Inst High Yield Fixed Income	9.48	8.94
Oppenheimer Inv Mgmt High Yield FI	9.18	8.88

Source: Morningstar Separate Account/CIT Fund Database

High Yield Bond	5 year gross return	5 year net return
Herzfeld Fixed Income Composite	8.85	8.04
Artisan High Income	7.10	6.34
Diamond Hill Corporate Credit	6.72	6.24
MacKay Select High Yield Composite	6.50	5.89
Oaktree European High Yield Bonds	6.32	5.80
PGIM US Broad Market High Yield	5.99	5.46
Strategic Income Mmgt SiM High Yld Instl	5.84	5.43
DDJ U.S. Opportunistic High Yield Comp	5.92	5.41
MacKay Shields High Yld	5.80	5.27
Lord Abbett High Yield Opportunistic	5.78	5.21

Source: Morningstar Separate Account/CIT Fund Database

Intermediate Government	1 year gross return	1 year net return
SSgA U.S. Aggregate Bond Index Strategy	7.91	7.84
M.D. Sass Core Fix-Inc	7.44	7.16
Northern Trust Government Index	7.27	7.11
Chicago Equity Core Fix-Inc	7.35	7.08
MFS US Government Fixed Income	7.22	6.91
Breckinridge Core Interm Gov Credit	7.16	6.79
Amalgamated Bank Intermediate Duration	6.87	6.60
Garcia Hamilton Government/Credit	6.73	6.51
Great Lakes Core Government Only	6.53	6.44
TCW Index Plus MBS	6.67	6.40

Source: Morningstar Separate Account/CIT Fund Database

Intermediate Government	5 year gross return	5 year net return
Semper Active Mortgage-Backed Securities	4.79	4.42
Garcia Hamilton Government/Credit	3.54	3.32
SSgA U.S. Aggregate Bond Index Strategy	2.96	2.89
M.D. Sass Core Fix-Inc	3.03	2.75
Community Core Fixed Income Composite	2.95	2.57
Great Lakes Core Government Only	2.64	2.55
MFS US Government Fixed Income	2.78	2.48
Chicago Equity Core Fix-Inc	2.68	2.43
TCW Index Plus MBS	2.68	2.43
RBC Access Capital Community Invmt	2.82	2.40

Source: Morningstar Separate Account/CIT Fund Database

Intermediate-Term Bond	1 year gross return	1 year net return
Brandywine Global U.S. Fixed Income	12.33	12.00
Conning LDI Credit 5-15 Year Maturity	11.57	11.23
AB US Investment Grade Corporates	11.17	10.73
BlackRock Corporates	10.40	10.13
EARNEST Fixed Income Long Duration	10.28	9.91
Stadion Master Short Duration Fix Inc	9.75	9.71
WEDGE Core Govt/Corp Fixed Income	9.70	9.32
WS Core IG Credit	9.55	9.11
BBH Core Fixed Income	9.33	9.07
WS Core Bond	9.29	8.95

Source: Morningstar Separate Account/CIT Fund Database

Intermediate-Term Bond	5 year gross return	5 year net return
Brandywine Global U.S. Fixed Income	6.11	5.80
Spectrum Preferred Securities	6.04	5.79
Ross Sinclaire Taxable Total Return	5.22	4.69
BBH Core Fixed Income	4.91	4.65
EARNEST Fixed Income Long Duration	4.96	4.60
Ramirez Strategic Core Strategy	4.47	4.24
Templeton Taxable Municipal Intermediate	4.42	4.16
Belle Haven Taxable PLUS	4.53	4.15
AB US Investment Grade Corporates	4.44	4.00
Invesco Core Plus Composite	4.12	3.76

Source: Morningstar Separate Account/CIT Fund Database

Short Government	1 year gross return	1 year net return
JP Morgan Mortgage Backed Securities	7.40	7.11
Sit Inv Short Dur Strat	6.59	6.17
PNC Cap Adv Intermediate U.S. Governemnt	6.22	5.96
Capital Group PCS Core Bond Composite	6.38	5.94
Federated Short-Inter. US Govt FI Comp	6.19	5.89
Atlanta High Quality Intermediate	6.18	5.81
M.D. Sass 3-Year FI	6.24	5.78
Morgan Stanley U.S. Mortgage	5.92	5.78
INCORE Short Government Comp	5.41	5.04
Congress Asset Mgt Short-Term Fixed Inc	4.94	4.68

Source: Morningstar Separate Account/CIT Fund Database

Short Government	5 year gross return	5 year net return
JP Morgan Mortgage Backed Securities	3.46	3.18
Sit Inv Short Dur Strat	3.09	2.68
Morgan Stanley U.S. Mortgage	2.80	2.60
INCORE Short Government Comp	2.44	2.09
M.D. Sass 3-Year FI	2.39	2.00
Atlanta High Quality Intermediate	2.30	1.94
PNC Cap Adv Intermediate U.S. Governemnt	1.91	1.66
M.D. Sass 2-Year FI	1.72	1.47
Federated Short-Inter. US Govt FI Comp	1.76	1.44
Garcia Hamilton Short Duration	1.56	1.42

Source: Morningstar Separate Account/CIT Fund Database

Short-Term Bond	1 year gross return	1 year net return
MCM Tactical Income	8.68	8.41
BlackRock Core PLUS	8.17	8.04
BlackRock Core Bond Enhcd Idx	8.14	7.98
Aegon Structured Finance	7.93	7.61
WFAM U.S. Intermediate Income Focus	7.48	7.16
Merganser Interm. Bond	7.43	7.16
Sawgrass Intermediate Fixed Income	7.32	7.08
Richmond Capital Mgt Interm/Defensive	6.99	6.80
Wellington Intermediate Bond	7.11	6.78
OFI Global SNW Taxable Intermediate	6.97	6.73

Source: Morningstar Separate Account/CIT Fund Database

Short-Term Bond	5 year gross return	5 year net return
Aegon Structured Finance	4.56	4.26
Post Limited Term High Yield Comp	4.00	3.33
Frost Intermediate Taxable Composite	3.77	3.27
Manulife IM Strategic Fixed Income Opp	3.60	3.18
Frost Core Plus Composite	3.77	3.15
BlackRock Core PLUS	3.32	3.14
BlackRock Core Bond Enhcd Idx	3.20	3.10
Brandes Corporate Focus Fixed Income	3.24	2.89
WFAM U.S. Intermediate Income Focus	3.12	2.81
Dodge & Cox Intermediate FI Composite	3.06	2.74

Source: Morningstar Separate Account/CIT Fund Database

Ultrashort Bond	1 year gross return	1 year net return
Schroders Enhanced Securitized	7.38	6.89
DBF Short Duration Govt/Agency	4.94	4.67
Federated Low Duration Broad Comp	4.48	4.22
Janus Henderson Short Duration Bond	4.42	3.83
Winthrop Ultra-Short Fixed Income	4.42	3.82
FIAM Leveraged Loan Composite	4.32	3.80
RBC GAM US - Ultra Short Full Style	3.95	3.77
Federated Trade Finance Fixed Inc Comp	4.41	3.53
Federated Active Cash Broad FI Composite	3.57	3.40
Morgan Stanley U.S. Short Duration	3.44	3.38

Source: Morningstar Separate Account/CIT Fund Database

Ultrashort Bond	5 year gross return	5 year net return
Schroders Enhanced Securitized	5.55	5.04
FIAM Leveraged Loan Composite	4.03	3.51
Federated Trade Finance Fixed Inc Comp	3.20	2.32
BNP Paribas Mortgage Alpha	2.54	2.04
Pioneer Multi-Asset Ultrashort Income	2.22	1.96
RBC GAM US - Ultra Short Full Style	2.09	1.89
PIMCO Short Term	2.32	1.89
Federated Low Duration Broad Comp	2.13	1.84
Garcia Hamilton Short Duration Opp	1.89	1.78
Federated Active Cash Broad FI Composite	1.96	1.72

Source: Morningstar Separate Account/CIT Fund Database

Long Government	1 year gross return	1 year net return
Aegon Long US Treasury Strips	14.35	14.19
NISA 15+ STRIPS Fixed Income Composite	14.25	14.11
Hillswick Long Duration Government	14.35	13.50
Hoisington Inv Mgt Macroeconomic FI Comp	12.73	12.51
BNYM Mellon DB NSL Long Term Govt BI Fd	12.26	12.12
SSgA Long U.S. Govt Bond Index Strategy	12.02	11.97
W.E. DonoghuePowerTreasuryIndexPortfolio	13.26	11.85
PIMCO Long Duration Treasury	11.64	11.08
DoubleLine Long Duration Total Return	12.34	10.90

Source: Morningstar Separate Account/CIT Fund Database

Long Government	5 year gross return	5 year net return
NISA 15+ STRIPS Fixed Income Composite	7.83	7.62
Hillswick Long Duration Government	7.04	6.62
Hoisington Inv Mgt Macroeconomic FI Comp	6.50	6.27
SSgA Long U.S. Govt Bond Index Strategy	5.62	5.57
BNYM Mellon DB NSL Long Term Govt BI Fd	5.67	5.51
PIMCO Long Duration Treasury	5.79	5.28
Aegon Long US Treasury Strips	0.00	0.00
W.E. DonoghuePowerTreasuryIndexPortfolio	0.00	0.00
DoubleLine Long Duration Total Return	0.00	0.00

Source: Morningstar Separate Account/CIT Fund Database

Long-Term Bond	1 year gross return	1 year net return
Stadion Master Long Duration Fix Inc	18.56	18.47
Schroders Value Long Duration	14.16	17.78
Conning LDI Credit over 25 Year Maturity	16.32	15.99
PIMCO Long Term Bond - Long Credit	15.94	15.67
Standish Long Corporate	15.83	15.63
TCW Long Duration Credit	15.20	15.01
BlackRock US Long Credit	15.15	14.94
FIAM Long Corporate Composite	15.23	14.92
NISA Long Credit	15.12	14.86
Securian AM Long Duration Fixed Income	15.10	14.86

Source: Morningstar Separate Account/CIT Fund Database

Long-Term Bond	5 year gross return	5 year net return
PIMCO Long Term Bond - Long Credit	7.14	6.85
Camden Long Duration (Govt/Credit) Comp	7.09	6.61
Schroders Value Long Duration	5.97	6.48
PIMCO Long Term Bond Full Authority	6.71	6.46
Capital Group Long Crd 75%/Gov 25% Comp	6.68	6.41
Logan Circle Long Duration	6.47	6.15
TCW Long Duration Credit	6.23	6.04
Dodge & Cox Long Duration FI Composite	6.38	6.01
NISA Long Credit	6.19	5.95
Morgan Stanley U.S. Long Duration	6.16	5.94

Source: Morningstar Separate Account/CIT Fund Database

Multisector Bond	1 year gross return	1 year net return
PIMCO Diversified Income	11.49	10.76
Guggenheim Fixed Income	10.34	10.13
Cincinnati Asset Mgt Broad Mkt	10.34	10.01
FIAM Investment Grade Credit	11.06	9.94
Newfleet Global Multi-Sector Income Comp	10.64	9.15
GW&K Corporate Bond Opportunities Strat	9.78	9.07
FIAM Tactical Bond	9.25	8.81
GW&K Total Return Bond Strategy	9.39	8.69
Stone Harbor Core Plus	8.88	8.58
Federated Strategic Multi-Sector FI Comp	8.74	8.36

Source: Morningstar Separate Account/CIT Fund Database

Multisector Bond	5 year gross return	5 year net return
PIMCO Income Composite	5.77	5.20
Guggenheim Fixed Income	5.35	5.03
PIMCO Diversified Income	5.67	4.95
FIAM Tactical Bond	4.51	4.10
Federated Strategic Multi-Sector FI Comp	4.41	4.05
FIAM Investment Grade Credit	4.47	4.03
Columbia Strategic Income Allocation	4.62	3.99
Muzinich Global Tactical Credit	4.47	3.95
Invesco Multi-Sector Credit Composite	4.44	3.83
Loomis Sayles Multi-Sector Full Discretn	3.90	3.56

Source: Morningstar Separate Account/CIT Fund Database

Inflation-Protected Bond	1 year gross return	1 year net return
Franklin U.S. TIPS Composite	5.81	5.50
PIMCO Real Ret Asset Long Duration	5.76	5.18
State Street U.S. TIPS Index	4.85	4.80
Northern Trust TIPS	4.87	4.77
BlackRock TIPS (Treasury Infl-Protected)	4.85	4.73
IR+M TIPS	4.83	4.73
Standish US TIPS Barclays	4.73	4.65
PIMCO Real Return Medium Authority	4.88	4.63
Wellington TIPS	4.82	4.63
Richmond Capital Mgt TIPS 1-10 Yr	4.65	4.60

Source: Morningstar Separate Account/CIT Fund Database

Inflation-Protected Bond	5 year gross return	5 year net return
PIMCO Real Ret Asset Long Duration	3.02	2.46
Laffer Investments US Inflation Strategy	3.15	2.13
Franklin U.S. TIPS Composite	1.97	1.79
Standish US TIPS Barclays	1.82	1.76
Northern Trust TIPS	1.78	1.70
IR+M TIPS	1.78	1.68
BlackRock TIPS (Treasury Infl-Protected)	1.72	1.61
BlackRock TIPS PLUS	1.65	1.53
PIMCO Real Return Medium Authority	1.76	1.50
Wellington TIPS	1.66	1.50

Source: Morningstar Separate Account/CIT Fund Database

Stable Value	1 year gross return	1 year net return
PIMCO Stable Value	3.02	2.75
JPMorgan US FI Stable Value (NY)	2.40	2.40
Invesco Stable Value	2.59	2.39
Putnam Stable Value Composite	2.63	2.39
Standish Stable Value	2.46	2.35
Galliard Stable Value Composite	2.57	2.16

Source: Morningstar Separate Account/CIT Fund Database

Stable Value	5 year gross return	5 year net return
PIMCO Stable Value	3.00	2.74
Standish Stable Value	2.25	2.15
Invesco Stable Value	2.22	2.01
Putnam Stable Value Composite	2.20	1.96
JPMorgan US FI Stable Value (NY)	1.95	1.94
Galliard Stable Value Composite	2.13	1.73

Source: Morningstar Separate Account/CIT Fund Database

Convertibles	1 year gross return	1 year net return
AllianzGI Convertibles	12.89	12.32
Gabelli Asset Mgt Convertibles Strategy	11.00	10.26
Advent Investment Grade	10.64	10.16
Invesco Convertible Securities	9.33	8.68
MacKay Shields Convertibles	8.92	8.38
Lord Abbett & Co. Convertibles	9.39	8.26
INCORE Inv Grade Convertibles Comp	8.74	8.14
Nicholas Inv - Convertibles	8.75	7.94
Palisade Convertible Securities Comp	8.35	7.75
SSI Convertible Investment Strategy	8.17	7.58

Source: Morningstar Separate Account/CIT Fund Database

Convertibles	5 year gross return	5 year net return
SSI Inv Grade Convert Strat	10.67	9.73
Advent Investment Grade	9.44	8.97
INCORE Inv Grade Convertibles Comp	8.68	8.08
AllianzGI Convertibles	8.30	7.82
MacKay Shields Convertibles	7.96	7.42
Gabelli Asset Mgt Convertibles Strategy	8.10	7.36
Conning Convertible Bond	7.38	6.85
SSI Convertible Investment Strategy	6.97	6.45
Lord Abbett & Co. Convertibles	7.35	6.23
Advent Balanced Convertible Strategy	6.32	5.83

Source: Morningstar Separate Account/CIT Fund Database

Emerging Markets Bond	1 year gross return	1 year net return
Ashmore Emerg Mkts External Dbt Comp	14.65	13.57
Ashmore EM Ext Debt (Sovereign) Comp	14.37	13.36
PGIM Fixed Income EMD Composite	13.18	12.56
Global Evolution EM Debt	12.51	12.30
TCW Emerging Markets Fixed Income	12.86	12.29
Payden & Rygel Emerging Markets	12.60	12.10
Ashmore EM Ext Debt (Sovn Invt Grd) Comp	12.86	11.97
Manulife IM Emerging Markets Debt	12.61	11.93
Capital Group EM Debt (USD) Composite	12.56	11.90
Lazard EM Debt - Core	12.45	11.86

Source: Morningstar Separate Account/CIT Fund Database

Emerging Markets Bond	5 year gross return	5 year net return
Global Evolution Frontier Markets	7.81	6.59
PGIM Fixed Income EMD Composite	6.44	5.85
Blackrock Emerging Mkts Debt Corp Bond	5.65	5.65
Global Evolution EM Debt	6.59	5.64
Ashmore Emerg Mkts External Dbt Comp	6.42	5.42
Ashmore EM Ext Debt (Sovereign) Comp	6.18	5.23
Fort Washington Emerging Market Debt	6.00	5.21
Payden & Rygel Emerging Markets	5.59	5.11
Finisterre EMTR Composite	5.88	5.11
JPMorgan Emerging Market Debt	5.34	5.10

Source: Morningstar Separate Account/CIT Fund Database

World Allocation	1 year gross return	1 year net return
PIMCO StocksPLUS Enhanced Equity	10.80	10.43
PIMCO StocksPLUS Absolute Return	10.36	9.68
Morgan Stanley Glbl Tactical Asset Alloc	9.97	9.66
Nuveen Real Asset Income	10.52	9.65
First Quadrant Essential Beta	9.85	9.51
First Trust Balanced Closed-End Fund	8.26	6.66
Frontier Asset Mgmt Focused Opp	7.18	6.39
First Eagle Global Value Equity	6.64	5.85
Sterling AS Growth (All Funds)	5.66	5.49
Capital Group Absolute Inc Grower Comp	6.25	5.34

Source: Morningstar Separate Account/CIT Fund Database

World Allocation	5 year gross return	5 year net return
PIMCO StocksPLUS Absolute Return	11.35	10.71
PIMCO StocksPLUS Enhanced Equity	10.98	10.55
PIMCO RAE PLUS	8.52	7.67
Morgan Stanley Glbl Tactical Asset Alloc	7.77	7.45
ICON - SBI Global Moderate	7.36	6.11
DMAP Moderate Relative Return USD-H	6.53	5.77
Nuveen Real Asset Income	6.52	5.67
First Eagle Global Value Equity	5.75	4.96
Calamos Global Opportunities Composite	5.52	4.76
NorthCoast Diversified Growth	5.33	4.62

Source: Morningstar Separate Account/CIT Fund Database

Conservative Allocation	1 year gross return	1 year net return
AMP Income Generating	9.48	9.48
Weitz Conservative Allocation	10.26	9.35
AGFiQ Multi-Asset Income	9.18	9.18
WS Multi-Sector Income	9.76	9.10
MCM American Revival - Balanced	9.60	9.09
MCA Conservative Portfolios	9.60	8.81
Winans Balanced 50/50 Composite	9.21	8.71
Washington Crossing Con Alt Inc & Grow	8.19	7.92
TSW Multi-Asset Income	8.08	7.74
Washington Crossing Con Alt Income	7.98	7.71

Source: Morningstar Separate Account/CIT Fund Database

Conservative Allocation	5 year gross return	5 year net return
MCA Conservative Portfolios	10.22	9.39
Clark Navigator MultiStrategy 50-50	7.15	7.15
AllianzGI Income & Growth	6.70	6.27
TSW Multi-Asset Income	6.53	6.16
SMART Portfolio-Mod Cons-iShares Core	5.33	5.33
Winans Balanced 50/50 Composite	6.12	5.28
AMP Moderately Conservative	5.58	5.26
SMART Portfolio-Mod Cons-American Core	5.19	5.19
Morningstar Balanced - Advisor Group WMP	5.16	5.16
ASAP Balanced Strategy	5.39	5.14

Source: Morningstar Separate Account/CIT Fund Database

Moderate Allocation	1 year gross return	1 year net return
Congress Asset Mgt Balanced	15.16	14.61
WJA Equity Oriented (Balanced) Composite	15.25	14.39
Montag & Caldwell Balanced	12.97	12.43
Johnson Institutional Mgt Enhanced Index	12.28	11.91
MCM American Revival - Growth-Plus	11.78	11.28
Bartlett & Co. Relative Value Balanced	11.55	11.02
Hillman Capital Mgt Bal Cnsv	11.75	10.91
iSectors Post-MPT Moderate Allocation	11.76	10.88
1919 SRI Balanced	11.04	10.49
ThomasPartners Balanced Income Strategy	11.26	10.44

Source: Morningstar Separate Account/CIT Fund Database

Moderate Allocation	5 year gross return	5 year net return
MCA Balanced Portfolios	11.86	11.10
Johnson Institutional Mgt Enhanced Index	11.03	10.70
Congress Asset Mgt Balanced	9.87	9.21
Winans Balanced 75/25 Composite	9.58	8.67
Janus Henderson Balanced	8.62	8.07
WJA Equity Oriented (Balanced) Composite	8.69	7.97
Sit Inv Balanced	8.77	7.96
Montag & Caldwell Balanced	7.99	7.62
Investment Management of Virginia Balanc	7.86	7.31
1919 SRI Balanced	7.76	7.23

Source: Morningstar Separate Account/CIT Fund Database

Target Date 2000-2010	1 year gross return	1 year net return
FIAM Index Target Date 2010 Composite	6.94	6.78
FIAM Index Target Date 2005 Composite	6.80	6.64
Capital Group 2010 Tgt Date Ret Trst Cmp	6.90	6.11
FIAM Blend Target Date 2010 Composite	6.40	6.01
FIAM Blend Target Date 2005 Composite	6.29	5.90

Source: Morningstar Separate Account/CIT Fund Database

Target Date 2000-2010	5 year gross return	5 year net return
Capital Group 2010 Tgt Date Ret Trst Cmp	5.11	4.95
FIAM Blend Target Date 2010 Composite	5.16	4.85
FIAM Index Target Date 2010 Composite	4.71	4.60
FIAM Blend Target Date 2005 Composite	4.64	4.33
FIAM Index Target Date 2005 Composite	4.20	4.17

Source: Morningstar Separate Account/CIT Fund Database

Target Date 2011-2015	1 year gross return	1 year net return
FIAM Index Target Date 2015 Composite	7.18	7.03
Capital Group 2015 Tgt Date Ret Trst Cmp	6.99	6.20
FIAM Blend Target Date 2015 Composite	6.54	6.14

Source: Morningstar Separate Account/CIT Fund Database

Target Date 2011-2015	5 year gross return	5 year net return
FIAM Blend Target Date 2015 Composite	5.65	5.34
Capital Group 2015 Tgt Date Ret Trst Cmp	5.40	5.25
FIAM Index Target Date 2015 Composite	5.25	5.14

Source: Morningstar Separate Account/CIT Fund Database

Target Date 2016-2020	1 year gross return	1 year net return
FIAM Index Target Date 2020 Composite	7.28	7.13
Capital Group 2020 Tgt Date Ret Trst Cmp	6.88	6.09
FIAM Blend Target Date 2020 Composite	6.48	6.09
Q3 Voyage Target 2020	2.62	2.11

Source: Morningstar Separate Account/CIT Fund Database

Target Date 2016-2020	5 year gross return	5 year net return
Capital Group 2020 Tgt Date Ret Trst Cmp	5.88	5.72
FIAM Blend Target Date 2020 Composite	5.97	5.65
FIAM Index Target Date 2020 Composite	5.61	5.50
Q3 Voyage Target 2020	0.00	0.00

Source: Morningstar Separate Account/CIT Fund Database

Target Date 2021-2025	1 year gross return	1 year net return
FIAM Index Target Date 2025 Composite	7.39	7.23
FIAM Blend Target Date 2025 Composite	6.58	6.18
Capital Group 2025 Target Date Trust Cmp	6.75	5.96
Sage Target Date 2025 Fund	5.63	5.21

Source: Morningstar Separate Account/CIT Fund Database

Target Date 2021-2025	5 year gross return	5 year net return
Capital Group 2025 Target Date Trust Cmp	6.45	6.29
FIAM Blend Target Date 2025 Composite	6.27	5.96
FIAM Index Target Date 2025 Composite	5.92	5.82
Sage Target Date 2025 Fund	4.76	4.34

Source: Morningstar Separate Account/CIT Fund Database

Target Date 2026-2030	1 year gross return	1 year net return
FIAM Index Target Date 2030 Composite	7.53	7.37
FIAM Blend Target Date 2030 Composite	6.48	6.08
Capital Group 2030 Target Date Trust Cmp	6.61	5.82
Q3 Voyage Target 2030	3.27	2.75

Source: Morningstar Separate Account/CIT Fund Database

Target Date 2026-2030	5 year gross return	5 year net return
Capital Group 2030 Target Date Trust Cmp	7.30	7.14
FIAM Blend Target Date 2030 Composite	6.91	6.60
FIAM Index Target Date 2030 Composite	6.62	6.51
Q3 Voyage Target 2030	0.00	0.00

Source: Morningstar Separate Account/CIT Fund Database

Target Date 2031-2035	1 year gross return	1 year net return
FIAM Index Target Date 2035 Composite	7.20	7.05
Capital Group 2035 Target Date Trust Cmp	6.50	5.71
FIAM Blend Target Date 2035 Composite	6.10	5.71
Sage Target Date 2035 Fund	5.68	5.26

Source: Morningstar Separate Account/CIT Fund Database

Target Date 2031-2035	5 year gross return	5 year net return
Capital Group 2035 Target Date Trust Cmp	7.96	7.80
FIAM Index Target Date 2035 Composite	7.14	7.03
FIAM Blend Target Date 2035 Composite	7.34	7.02
Sage Target Date 2035 Fund	5.70	5.28

Source: Morningstar Separate Account/CIT Fund Database

Target Date 2036-2040	1 year gross return	1 year net return
FIAM Index Target Date 2040 Composite	7.03	6.87
Capital Group 2040 Target Date Trust Cmp	6.49	5.70
FIAM Blend Target Date 2040 Composite	5.88	5.49
Q3 Voyage Target 2040	3.85	3.33

Source: Morningstar Separate Account/CIT Fund Database

Target Date 2036-2040	5 year gross return	5 year net return
Capital Group 2040 Target Date Trust Cmp	8.19	8.03
FIAM Index Target Date 2040 Composite	7.15	7.04
FIAM Blend Target Date 2040 Composite	7.33	7.01
Q3 Voyage Target 2040	0.00	0.00

Source: Morningstar Separate Account/CIT Fund Database

Target Date 2041-2045	1 year gross return	1 year net return
FIAM Index Target Date 2045 Composite	7.04	6.88
Capital Group 2045 Target Date Trust Cmp	6.46	5.67
FIAM Blend Target Date 2045 Composite	5.87	5.48
Sage Target Date 2045 Fund	5.33	4.91

Source: Morningstar Separate Account/CIT Fund Database

Target Date 2041-2045	5 year gross return	5 year net return
Capital Group 2045 Target Date Trust Cmp	8.34	8.18
FIAM Index Target Date 2045 Composite	7.15	7.04
FIAM Blend Target Date 2045 Composite	7.32	7.00
Sage Target Date 2045 Fund	6.16	5.73

Source: Morningstar Separate Account/CIT Fund Database

Retirement Income	1 year gross return	1 year net return
Beacon Dividend Income Composite	10.76	9.54
Texas Retirement Income Strategy	9.65	9.32
UBS PWS Diversified Income	7.58	7.26
FIAM Index Target Date Income Composite	6.64	6.48
UBS PWS Diversified Income w/ Muni	6.73	6.41
PIMCO Retirement Income Model Cnsrv	5.92	5.92
FIAM Blend Target Date Income Composite	6.17	5.78
Advisors Capital Mgt Income w/Growth	7.22	5.68
PIMCO Retirement Income Model-Mod Gr	5.51	5.51
PIMCO Retirement Income Model - Balanced	5.11	5.11

Source: Morningstar Separate Account/CIT Fund Database

Retirement Income	5 year gross return	5 year net return
HW Dividend Income	5.84	5.14
Beacon Dividend Income Composite	6.10	4.64
PIMCO Retirement Income Model-Mod Gr	4.41	4.41
Texas Retirement Income Strategy	5.25	3.97
PIMCO Retirement Income Model Cnsrv	3.82	3.82
PIMCO Retirement Income Model - Balanced	3.72	3.72
FIAM Blend Target Date Income Composite	3.98	3.67
Horizon Real Spend 7	4.84	3.56
FIAM Index Target Date Income Composite	3.55	3.44
Horizon Real Spend 6	4.19	3.43

Source: Morningstar Separate Account/CIT Fund Database

Recommended for You

Corporate defined benefit plans shifting toward fixed income

Corporate defined benefit plans shifting toward fixed income

Graphic: China gains attention

Graphic: China gains attention

By the Numbers for May 2021

Long Short Credit May Offer All-Weather Protection

Sponsored Content: Long Short Credit May Offer All-Weather Protection

sponsored

Events

Sponsored

White Papers

Research Management Systems: Powering Productivity for Modern Investment Manage…

Investment Portfolio Excellence: The Conviction of One Truth

A Smoother Path to Resilient Outcomes

What themes will drive investment grade bond performance in 2021?

COVID-19 Makes LP Portfolio Management More Important Than Ever

Green and sustainable bonds in emerging markets

Sponsored Content

Partner Content

The Industrialization of ESG Investment

For institutional investors, ETFs can make meeting liquidity needs easier

Gold: the most effective commodity investment

2021 Investment Outlook | Investing Beyond the Pandemic: A Reset for Portfolios

Ten ways retirement plan professionals add value to plan sponsors

Gold: an efficient hedge