Top performing managers by category: separate accounts, 4th Quarter 2020




World Allocation1 year gross return1 year net return
Calamos Global Opportunities Composite34.3433.52
3D ESG Equity27.4426.68
ICON - SBI Global Moderate27.6525.92
THG Balanced Aggressive26.4825.55
CW Frontier Asset Mgmt Focused Opp.21.4019.91
Leuthold Global Tactical ETF Portfolio19.5019.30
Taxable Frontier Asset Mgmt Focused Opp17.9216.47
Invesco International Dvrs Blend SMA15.8815.88
Sterling AS Growth (All Funds)15.2215.07
WST All Equity17.1714.99
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


World Allocation5 year gross return5 year net return
Calamos Global Opportunities Composite12.9812.23
ICON - SBI Global Moderate13.3011.83
Morgan Stanley Glbl Tactical Asset Alloc11.8211.49
THG Balanced Aggressive11.9211.09
Sterling AS Growth (All Funds)10.699.98
Innealta Global All Asset Opp Growth10.239.96
WST All Equity12.079.61
Frontier Asset Mgmt Focused Opp10.439.59
Taxable Frontier Asset Mgmt Focused Opp10.309.46
Northern Trust NFP Passive Gr Mod Inc9.659.38
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Market Neutral1 year gross return1 year net return
JPM US Research Market Neutral-Composite13.7612.64
SSI Convertible Income12.5011.44
DCM Merger Arbitrage8.177.65
PSI Managed Volatility5.414.37
Q3 Bull Cipher5.373.04
Acadian Multi-Asset Abs Return 6v Agg0.28-0.72
PIMCO RAE Fundamental Advantage PLUS-8.91-9.71
Invesco US Market Neutral Equity-10.80-10.80
PVG Loss Averse Equity Income-13.51-14.39
Martingale Equity Market Neutral-18.54-19.44
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Market Neutral5 year gross return5 year net return
SSI Convertible Income7.386.35
DCM Merger Arbitrage5.054.53
JPM US Research Market Neutral-Composite4.833.95
PSI Managed Volatility3.292.27
PIMCO RAE Fundamental Advantage PLUS-0.37-1.25
PVG Loss Averse Equity Income-1.51-2.83
Invesco US Market Neutral Equity-3.38-3.38
Martingale Equity Market Neutral-5.72-6.69
Q3 Bull Ciphern/an/a
Acadian Multi-Asset Abs Return 6v Aggn/an/a
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Intermediate Government1 year gross return1 year net return
CS McKee Broad Government Fixed9.178.93
Northern Trust Government Index8.117.95
M.D. Sass Core Fix-Inc7.437.15
MFS US Government Fixed Income7.106.83
Amalgamated Bank Intermediate Duration6.416.15
SSgA Intermediate U.S. Govt Bond Index5.775.69
Northern Trust Intermediate Government5.845.68
Intermediate Government Fixed Income5.645.43
SeaCrest US Government Interm Duration5.135.13
RBC Access Capital Community Investing5.535.10
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Intermediate Government5 year gross return5 year net return
CS McKee Broad Government Fixed4.333.98
Columbia US Government Mortgage4.413.91
M.D. Sass Core Fix-Inc4.093.81
Northern Trust Government Index3.853.69
MFS US Government Fixed Income3.933.64
Amalgamated Bank Intermediate Duration3.493.24
RBC Access Capital Community Investing3.513.09
Community Core Fixed Income Composite3.393.01
TCW Index Plus MBS3.262.99
DBF Interm Mortgage-Backed Securities3.212.97
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Conservative Allocation1 year gross return1 year net return
Karp U.S. Stable Growth and Income29.1527.58
MCA Conservative Portfolios26.8525.87
AllianzGI Income & Growth23.9723.27
Karp Conservative Income and Growth24.1822.45
Fairfax All Weather Permanent Portfolio23.1720.90
Manning&Napier Growth Reduced Volatility17.4916.51
ASAP Balanced Strategy14.8014.53
Clark Navigator Global Bal 40-60 Hedged14.1614.16
WestEnd Advisors Global Conservative13.6113.33
Sterling AS Income & Growth (All Funds)13.4713.31
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Conservative Allocation5 year gross return5 year net return
MCA Conservative Portfolios16.6615.78
Karp U.S. Stable Growth and Income15.9614.28
AllianzGI Income & Growth13.0512.53
Clark Navigator MultiStrategy 50-5010.9210.92
Karp Conservative Income and Growth12.7110.61
TSW Multi-Asset Income10.6810.34
Fairfax All Weather Permanent Portfolio11.489.35
Winans Balanced 50/50 Composite10.049.35
ASAP Balanced Strategy9.228.96
4Thought Multi-Contingency Aggressive10.068.84
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Target Date 2016-20201 year gross return1 year net return
FIAM Blend Target Date 2020 Composite14.0713.71
FIAM Index Target Date 2020 Composite12.8412.65
Capital Group 2020 Target Date Ret Comp11.3211.32
Q3 Voyage Target 20204.083.56
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Target Date 2016-20205 year gross return5 year net return
FIAM Blend Target Date 2020 Composite10.029.75
FIAM Index Target Date 2020 Composite9.469.35
Capital Group 2020 Target Date Ret Comp8.958.95
Q3 Voyage Target 2020n/an/a
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


World Stock1 year gross return1 year net return
Evolutionary Tree Global Innovators112.84111.16
Oberweis International Select105.10105.10
Baillie Gifford Long Term Global Growth103.56102.08
Baillie Gifford Positive Change87.0586.02
Baillie Gifford Global Stewardship76.5275.57
Jennison Global Equity Opportunities76.2474.93
Morgan Stanley Developing Opportunity59.4458.38
Invesco Global Value59.0157.90
Blackcrane Global Equity58.9257.71
Morgan Stanley Global Opportunity57.5656.06
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


World Stock5 year gross return5 year net return
Baillie Gifford Long Term Global Growth32.5131.59
Baillie Gifford Global Stewardship26.1625.48
Jennison Global Equity Opportunities25.9324.99
Morgan Stanley Global Opportunity25.8624.63
T. Rowe Price Glb Focused Growth Equity23.2922.57
ARI Global Opportunities (ESG)22.3821.91
Hardman Johnston Global Equity22.4121.57
Sands Global Growth Eqty22.5521.53
WCM Quality Global Growth20.8620.24
T. Rowe Price Global Growth Equity20.1919.48
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Target Date 2000-20101 year gross return1 year net return
FIAM Blend Target Date 2010 Composite11.3010.94
FIAM Index Target Date 2010 Composite10.5310.34
Capital Group 2010 Target Date Ret Comp9.559.55
FIAM Blend Target Date 2005 Composite9.809.45
FIAM Index Target Date 2005 Composite9.279.08
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Target Date 2000-20105 year gross return5 year net return
FIAM Blend Target Date 2010 Composite8.348.08
Capital Group 2010 Target Date Ret Comp7.917.91
FIAM Index Target Date 2010 Composite7.767.65
FIAM Blend Target Date 2005 Composite7.377.11
FIAM Index Target Date 2005 Composite6.806.72
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Mid-Cap Growth1 year gross return1 year net return
Morgan Stanley Discovery149.49147.57
ARK Disruptive Innovation Strategy SMA131.93131.46
Macquarie US Smid-Cap Growth Equity96.0994.77
Alger Mid Cap Focus Composite86.6285.50
Columbus Circle Investors SMID Growth84.6883.20
TFCM Core Growth82.3780.75
Baron Small to Mid Cap Growth Strategy81.5580.07
NCG SMID Cap77.0775.36
Advisory Research U.S. Mid Cap Growth70.7669.39
Mellon US Small/Mid Cap Growth Equity69.8468.83
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Mid-Cap Growth5 year gross return5 year net return
Morgan Stanley Discovery38.0036.90
Kayne Anderson Rudnick SC Sustain Growth31.7430.47
Kayne Anderson Rudnick Mid Sustain Gr29.4528.51
Neuberger Berman Disrupters Portfolio29.4627.73
TFCM Core Growth27.7826.39
Mellon US Small/Mid Cap Growth Equity27.3326.34
Columbus Circle Investors SMID Growth27.0325.95
Advisory Research U.S. Mid Cap Growth26.5125.55
Baron Small to Mid Cap Growth Strategy26.5325.53
NCG SMID Cap26.7025.39
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Mid-Cap Blend1 year gross return1 year net return
Old West All Cap Opportunity62.7361.26
Congress SMID Growth50.2849.69
Alamar Equity42.1940.86
SFE Pathways™ (SRI) All-Cap Composite33.8933.37
Northern Trust Extended Eq Market Idx32.0431.85
Janus Henderson US Opportunistic Alpha28.7427.95
Fisher Small Cap Value28.4927.79
Scout Mid Cap Equity28.6527.65
HIS Horizon Enh Socially Responsible28.1626.61
Fisher Small and Mid Cap Value25.4124.61
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Mid-Cap Blend5 year gross return5 year net return
Alamar Equity18.2217.08
EARNEST Mid Cap Core17.2416.06
SFE Pathways™ (SRI) All-Cap Composite16.6516.04
The London Co Mid Cap16.4215.97
Northern Trust Extended Eq Market Idx16.0115.84
Blackrock Russ 3000 Alpha Tilts Compt15.8715.66
Scout Mid Cap Equity16.4115.50
EARNEST Small/Mid Cap Core16.6015.44
TrimTabs All Cap US Free Cash Flow16.1115.43
Calvert U.S. Mid Cap Core Resp Index15.4215.25
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Mid-Cap Value1 year gross return1 year net return
Old West Large Cap57.3255.82
Longfellow Merger Arb34.1331.30
Azzad Mid Cap Value25.7823.94
Shapiro Capital Mgt All Cap Value19.2718.12
Jensen Quality Value Composite15.9615.22
Shapiro Capital Mgt SMID Cap Value15.6814.58
Brandes U.S. Small-Mid Cap Value Equity15.3414.25
WCM Focused Mid Cap14.1414.14
Clifford Capital All-Cap Value13.1712.86
Lyrical U.S. Value Equity – EQ13.6012.79
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Mid-Cap Value5 year gross return5 year net return
Shapiro Capital Mgt All Cap Value18.1617.03
MAP US Multi-Cap Value Composite16.7515.60
Clifford Capital All-Cap Value15.2614.78
Shapiro Capital Mgt SMID Cap Value14.3213.23
Nuance Mid Cap Value Separate Account13.6512.88
Azzad Mid Cap Value14.1412.80
Cooke & Bieler Mid Cap Value Eq12.7111.87
Sycamore Mid Cap Value Comp12.6711.83
Kennedy Mid-Cap Value12.4611.65
Old West Large Cap12.5111.47
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Long Government1 year gross return1 year net return
Barrow Hanley Extended Duration23.8223.53
NISA 15+ STRIPS Fixed Income Composite23.2523.13
PIMCO Long Bond Extended Duration23.2822.85
Hoisington Inv Mgt Macroeconomic FI Comp21.0920.87
Hillswick Long Duration Government20.8020.25
PIMCO Long Duration Treasury18.2717.68
SSgA Long U.S. Govt Bond Index Strategy17.5717.46
DoubleLine Long Duration Total Return14.9914.11
Sterling Full Term Govt Credit SMA Wrap9.639.20
Donoghue Forlines Treasury10.138.76
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Long Government5 year gross return5 year net return
PIMCO Long Bond Extended Duration11.9711.56
Barrow Hanley Extended Duration10.8010.53
NISA 15+ STRIPS Fixed Income Composite10.2910.12
Hillswick Long Duration Government9.959.47
Hoisington Inv Mgt Macroeconomic FI Comp8.938.71
SSgA Long U.S. Govt Bond Index Strategy7.797.72
PIMCO Long Duration Treasury8.127.60
DoubleLine Long Duration Total Return7.576.58
Sterling Full Term Govt Credit SMA Wrapn/an/a
Donoghue Forlines Treasuryn/an/a
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Convertibles1 year gross return1 year net return
Lord Abbett & Co. Convertibles65.6663.95
AllianzGI Convertibles56.6455.97
SSI Convertible Investment Strategy50.0149.20
Calamos Instl Convertible Composite49.4948.43
Invesco Convertible Securities45.4644.62
Advent Balanced Convertible Strategy41.5040.80
Calamos Global Convertible Composite40.9239.06
MacKay Shields Convertibles35.8935.23
Oaktree U.S. Convertibles35.0434.38
Palisade Convertible Securities Comp34.5933.82
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Convertibles5 year gross return5 year net return
Lord Abbett & Co. Convertibles22.1920.93
AllianzGI Convertibles20.6320.08
SSI Convertible Investment Strategy17.4616.86
Calamos Instl Convertible Composite17.4716.65
Advent Balanced Convertible Strategy15.9415.39
Invesco Convertible Securities16.0115.32
MacKay Shields Convertibles15.7515.18
Palisade Convertible Securities Comp15.1914.53
SSI Inv Grade Convert Strat14.3013.39
Calamos Global Convertible Composite14.3612.83
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Target Date 2026-20301 year gross return1 year net return
FIAM Blend Target Date 2030 Composite16.0815.69
Capital Group 2030 Target Date Ret Comp15.5915.59
FIAM Index Target Date 2030 Composite14.4714.29
Q3 Voyage Target 20307.997.45
Northern Trust Goal Engineer 2030 Model6.25n/a
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Target Date 2026-20305 year gross return5 year net return
Capital Group 2030 Target Date Ret Comp11.4811.48
FIAM Blend Target Date 2030 Composite11.7011.43
FIAM Index Target Date 2030 Composite11.2111.12
Q3 Voyage Target 2030n/an/a
Northern Trust Goal Engineer 2030 Model7.34n/a
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Target Date 2031-20351 year gross return1 year net return
Capital Group 2035 Target Date Ret Comp18.0418.04
FIAM Blend Target Date 2035 Composite17.6717.30
FIAM Index Target Date 2035 Composite15.6715.51
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Target Date 2031-20355 year gross return5 year net return
Capital Group 2035 Target Date Ret Comp12.8912.89
FIAM Blend Target Date 2035 Composite12.7112.44
FIAM Index Target Date 2035 Composite12.2512.16
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Target Date 2041-20451 year gross return1 year net return
Capital Group 2045 Target Date Ret Comp19.6319.63
FIAM Blend Target Date 2045 Composite18.8518.47
FIAM Index Target Date 2045 Composite16.6016.39
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Target Date 2041-20455 year gross return5 year net return
Capital Group 2045 Target Date Ret Comp13.6713.67
FIAM Blend Target Date 2045 Composite13.0212.74
FIAM Index Target Date 2045 Composite12.5712.46
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Large Growth1 year gross return1 year net return
Baillie Gifford US Equity Growth129.49128.32
Zevenbergen Growth Equity125.59124.83
Evolutionary Tree Leading Innovators119.58118.08
Morgan Stanley Insight118.32116.24
Morgan Stanley Growth117.24115.61
LEIA CBI101.18101.18
Mark Long Only93.9891.34
Mark Focus93.5190.98
Dana Unconstrained Equity Strategy87.6286.58
Lord Abbett & Co. Growth Equity- SA78.6377.63
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Large Growth5 year gross return5 year net return
Baillie Gifford US Equity Growth36.8436.15
Morgan Stanley Insight37.1435.81
Zevenbergen Growth Equity34.0633.60
Morgan Stanley Growth33.0132.05
LEIA CBI31.8331.83
Maytech Global Growth Composite29.3627.85
Mark Focus29.6827.83
Mark Long Only29.3127.45
Peregrine Capital Mgt Large Cap Growth26.6626.13
Lord Abbett & Co. Growth Equity- SA26.6825.89
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Intermediate-Term Bond1 year gross return1 year net return
Brandywine Global U.S. Fixed Income16.7416.39
Reams Core Fixed Income16.4416.15
EARNEST Fixed Income Long Duration11.8811.50
FIAM Broad Market Duration Composite11.5111.21
Total Return Bond Strategy11.4711.13
AB US Investment Grade Corporates11.3511.03
Total Return Bond + Strategy11.2910.90
Capital Group U.S. Core FI Composite10.8610.84
IR+M Gov/Credit10.8010.48
Integrity Core Aggregate10.7210.44
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Intermediate-Term Bond5 year gross return5 year net return
Brandywine Global U.S. Fixed Income9.869.53
AB US Investment Grade Corporates7.467.20
EARNEST Fixed Income Long Duration7.246.87
Spectrum Preferred Securities6.856.60
Reams Core Fixed Income6.286.01
Invesco Core Plus Composite6.325.95
FIAM Broad Market Duration Composite6.245.94
MacKay Shields Core Plus Opportunities6.325.91
F/m Genoa Opportunistic Income6.395.87
LMCG Institutional Core Bond6.035.83
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Short Government1 year gross return1 year net return
M.D. Sass 3-Year FI5.6321.08
Federated Hermes Short-Interm U.S. Gov6.396.07
PNC Cap Adv Intermediate U.S. Government5.745.47
Sterling Intermediate Government SMA5.785.15
Eagle Government Securities Inst5.645.09
Sit Inv Short Dur Strat4.754.34
Thornburg Limited Term U.S. Government4.694.31
Sterling Short Term Government SMA4.444.09
Morgan Stanley U.S. Mortgage3.853.76
CS McKee Short Government3.693.45
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Short Government5 year gross return5 year net return
M.D. Sass 3-Year FI3.295.81
Morgan Stanley U.S. Mortgage3.243.09
Sit Inv Short Dur Strat3.222.81
Federated Hermes Short-Interm U.S. Gov3.052.74
PNC Cap Adv Intermediate U.S. Government2.942.69
Eagle Government Securities Inst3.092.49
Thornburg Limited Term U.S. Government2.872.48
Sterling Intermediate Government SMA2.982.32
INCORE Short Government Comp2.672.32
M.D. Sass 2-Year FI2.462.19
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Long-Term Bond1 year gross return1 year net return
Barrow Hanley Long Government/Credit22.3621.93
NISA Long Credit20.5620.29
AXA Inv Mgrs US Inv Grade Corp11.8720.27
Schroders Value Long Duration19.9619.78
Loomis Sayles Long Dur Government/Credit19.9619.70
Camden Long Duration (Govt/Credit) Comp21.3819.65
Jennison Active Long Gov/Credit19.5919.41
Reams Long Duration Fixed Income19.4719.31
IR+M Long Government Credit19.6319.28
FIAM Long Duration19.3319.01
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Long-Term Bond5 year gross return5 year net return
NISA Long Credit11.5811.34
PIMCO Long Term Bond - Long Credit11.6311.34
Reams Long Duration Fixed Income11.2711.13
Dodge & Cox Long Duration FI Composite11.1710.79
PIMCO Long Term Bond Full Authority10.9710.71
MetLife Inv. Mgmt. Long Duration G/C11.0110.67
Baird Advisors Long Govt Credit Bond10.7410.58
Barrow Hanley Long Credit10.9610.56
Loomis Sayles Long Dur Government/Credit10.7610.51
FIAM Long Corporate Composite10.7110.40
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Moderate Allocation1 year gross return1 year net return
MCA Balanced Portfolios38.9938.20
Montag & Caldwell Balanced26.8326.15
Severin Conservative Growth27.4125.18
WJA Equity Oriented (Balanced) Composite21.7620.77
Sit Inv Balanced21.6320.73
Manning & Napier Equity-Focused Blend20.8119.94
Congress Asset Mgt Balanced20.3319.76
Johnson Institutional Mgt Enhanced Index19.9119.55
Clark Navigator Global Bal 80-20 Hedged19.2419.24
Manning & Napier Long Term Growth19.6218.67
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Moderate Allocation5 year gross return5 year net return
MCA Balanced Portfolios20.0619.29
Johnson Institutional Mgt Enhanced Index15.8915.53
WJA Equity Oriented (Balanced) Composite14.8814.04
Congress Asset Mgt Balanced13.9013.26
Montag & Caldwell Balanced13.2312.77
Severin Conservative Growth14.1812.11
Sit Inv Balanced12.8812.04
Janus Henderson Balanced12.5111.94
Granite Balanced12.4711.72
Manning & Napier Equity-Focused Blend12.2111.50
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Retirement Income1 year gross return1 year net return
FIAM Blend Target Date Income Composite9.108.75
FIAM Index Target Date Income Composite8.698.50
Morningstar Ret Inc Mid-Range - TDA8.687.06
Morningstar Ret Inc Mid-Range - BNY8.356.95
Morningstar Ret Inc Long-Range - TDA8.136.51
Morningstar Ret Inc Long-Range - BNY7.776.37
Morningstar Ret Inc Short-Range - TDA7.676.07
Morningstar Ret Inc Short-Range - BNY7.426.03
Morningstar Ret Inc Ultra Short - BNY6.284.90
Morningstar Ret Inc Ultra Short - TDA6.294.71
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Retirement Income5 year gross return5 year net return
FIAM Blend Target Date Income Composite6.466.20
FIAM Index Target Date Income Composite5.885.78
Morningstar Ret Inc Long-Range - BNY7.145.61
Morningstar Ret Inc Long-Range - TDA6.975.37
Morningstar Ret Inc Mid-Range - BNY6.675.15
HW Dividend Income5.955.11
Horizon Real Spend 76.235.03
Horizon Real Spend 56.054.87
Morningstar Ret Inc Mid-Range - TDA6.454.86
Horizon Real Spend 65.844.75
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Large Value1 year gross return1 year net return
Polaris Concentrated Value28.5827.27
DCM Value Creators-US Large Cap24.6424.02
Polaris Focused Value22.2921.11
Fairfax Large Cap Core22.1520.39
MLIM Impact Alpha Tilts Fund18.7618.76
Cambiar Large Cap Value18.6518.05
Seizert Capital Partners Core Equity18.1617.58
DWA Equity17.8017.01
Stewart Capital Large Cap Value Port17.7916.93
ACR Equity Quality Return Advised SMA17.3316.49
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Large Value5 year gross return5 year net return
Polaris Concentrated Value18.9117.74
DWA Equity17.6717.43
Hillman Advantage Value Equity SMA17.0815.94
Cooke & Bieler Concentrated Value Equity16.8115.80
Polaris Focused Value16.7915.56
Seizert Capital Partners Core Equity15.8415.28
Sterling Quality Income & Value15.4814.90
Cornerstone Concentrated 3015.2814.43
Markston U.S. Large Cap Value14.5513.79
MLIM Impact Alpha Tilts Fund13.6913.69
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Leveraged Net Long1 year gross return1 year net return
PVG Tactical Core Strategy29.4828.33
JPM US Large Cap Core 130/30-Composite27.1726.30
LA Capital U.S. Large Cap Active Exten20.8520.09
UBS: US Equity Opportunity Unconstrained20.1019.96
Martingale 130/30 LargeCap Growth14.0213.45
Lazard Global 130/3014.0013.03
AQR Capital US Relaxed Constraint 4011.4510.84
MacKay Shields US Equity Opportunities8.868.21
AQR Capital Global RC 40(140/40)5.494.70
Martingale 130/30 LargeCap Core 5004.063.53
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Leveraged Net Long5 year gross return5 year net return
PVG Tactical Core Strategy18.5417.18
LA Capital U.S. Large Cap Active Exten16.0615.64
UBS: US Equity Opportunity Unconstrained15.7715.63
JPM US Large Cap Core 130/30-Composite16.3115.49
Martingale 130/30 LargeCap Growth14.2913.54
AQR Capital US Relaxed Constraint 4011.5610.91
MacKay Shields US Equity Opportunities11.1210.46
Martingale 130/30 LargeCap Core 50010.8810.16
Lazard Global 130/3010.179.24
Martingale Low Volatility Lg/Shrt LgCp+9.839.11
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Short-Term Bond1 year gross return1 year net return
Reams Intermediate Fixed Income10.4610.21
Manulife IM Strategic Fixed Income Opp9.188.75
Ziegler Cap Intermediate Fixed Income8.728.31
Wellington Intermediate Bond8.217.95
Thornburg Limited Term Income Sep Acct8.097.74
Buckhead Intermediate Taxable Fixed7.917.69
Manulife IM US Strategic Fixed Income8.137.69
Sage Intermediate Fixed Income7.837.56
Capital Group PCS Core Bond Composite7.477.47
Dodge & Cox Intermediate FI Composite7.717.39
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Short-Term Bond5 year gross return5 year net return
Manulife IM Strategic Fixed Income Opp5.545.11
Brandes Corporate Focus Fixed Income5.254.89
Manulife IM US Strategic Fixed Income5.054.63
Semper Active Mortgage-Backed Securities4.874.53
Templeton Taxable Municipal Intermediate4.784.52
Crossmark Income Opportunities4.674.49
Reams Intermediate Fixed Income4.724.47
SMHCA Municipal Income Wrapped Fee5.514.41
Dodge & Cox Intermediate FI Composite4.684.37
Madison Corporate Bond Ladder 1-10 Yr4.554.34
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Target Date 2021-20251 year gross return1 year net return
FIAM Blend Target Date 2025 Composite15.0514.69
Capital Group 2025 Target Date Ret Comp14.0814.08
FIAM Index Target Date 2025 Composite13.6813.47
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Target Date 2021-20255 year gross return5 year net return
FIAM Blend Target Date 2025 Composite10.6310.36
Capital Group 2025 Target Date Ret Comp10.2610.26
FIAM Index Target Date 2025 Composite10.089.97
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Small Growth1 year gross return1 year net return
Morgan Stanley Inception166.36164.56
Granahan Small Cap Select128.59126.51
Granahan SMID Select126.27124.15
Anchor Founders Value Institutional117.26116.97
TFCM Israeli Innovation113.77111.52
Spouting Rock Small Cap Growth - Focused107.08105.43
Next Century Growth Micro Cap Growth99.9098.75
Macquarie US Small Cap Growth Equity99.0697.33
Advisory Research U.S. Small Cap Growth88.6086.88
Columbus Circle Investors Sm Cap Growth88.0786.57
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Small Growth5 year gross return5 year net return
Granahan Inv Mgt - Sm Cap Focused Grth41.0039.97
TFCM Israeli Innovation39.8538.43
Next Century Growth Micro Cap Growth38.8737.99
Granahan Small Cap Select38.6037.30
Morgan Stanley Inception37.4336.42
Granahan SMID Select36.7635.44
Granahan SC Advantage34.8334.28
Azzad Small Cap Growth34.5133.00
Driehaus Micro Cap Growth32.4331.07
Wasatch Small Cap Ultra Growth Composite31.4330.21
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Large Blend1 year gross return1 year net return
DWA Environment Strategy38.7437.68
Profit Inv Mgt (PIM) Profit Social35.7235.72
SFE All-Cap Core Growth & Income37.6535.36
Fisher US Total Return34.7634.42
DL Carlson US Equity34.6234.41
Optimus Equity Rotation33.0632.41
Fairfax Global Trends ETF Strategy31.5629.33
PVG Capital Growth and Preservation30.3728.85
GS US Equity ESG28.9228.48
Franklin Street Partners Advantaged Eqty28.7427.47
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Large Blend5 year gross return5 year net return
Fuller & Thaler Behavioral Unconstrnd Eq19.9119.62
Euclid Advisory Large Cap Growth20.3618.95
Fisher US Total Return18.9218.61
Profit Inv Mgt (PIM) Profit Social19.0118.40
VanEck Morningstar Wide Moat18.4717.92
DL Carlson US Equity18.3017.89
Mellon Dynamic US Equity Composite18.0117.50
Stance Equity18.3517.45
GMO Quality Strategy17.7917.23
Franklin Street Partners Advantaged Eqty18.2017.04
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


High Yield Bond1 year gross return1 year net return
BNYM Mellon DB NSL Eff Bt Fallen Angels21.3620.87
Diamond Hill High Yield14.4113.84
TCW High Yield12.3711.63
Shenkman Capital Multi-Strategy Comp12.1511.32
Clark Navigator Fixed Inc TR10.9510.95
Clark Navigator Fixed Inc TR (Wells)10.9510.57
Artisan High Income11.0010.24
Braver AIQ Tactical High Income11.7910.13
Diamond Hill Corporate Credit10.449.95
Seix High Quality High Yield10.409.85
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


High Yield Bond5 year gross return5 year net return
Diamond Hill High Yield11.6711.11
MacKay Select High Yield Composite11.4910.77
PineBridge High Yield Bond Composite9.819.35
Artisan High Income10.049.27
T. Rowe Price US High Yield Bd (Phila.)9.649.09
Capital Group Global High-Income Opp Cmp9.679.04
Shenkman Capital Multi-Strategy Comp9.829.00
MetLife Inv. Mgmt. High Yield Mid-Grade9.428.88
Diamond Hill Corporate Credit9.328.83
Nomura NCRAM HY Total Return Inst9.348.80
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Ultrashort Bond1 year gross return1 year net return
Dolan McEniry Core Plus7.126.85
Federated Hermes Low Duration Broad4.143.94
MetLife Inv. Mgmt. STAMP 1-34.013.76
Schroders Enhanced Securitized4.053.53
DBF Short Duration Govt/Agency3.893.36
Lazard US Short Duration Fixed Income2.912.66
Federated Hermes Active Cash Broad2.762.64
PIMCO Short Term2.992.52
Invesco Tax-Aware Enhanced Cash SMA2.662.52
Sterling Enhanced Cash Institutional2.582.45
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Ultrashort Bond5 year gross return5 year net return
Dolan McEniry Core Plus6.105.84
FIAM Leveraged Loan Composite5.334.81
Schroders Enhanced Securitized4.554.03
Federated Hermes Low Duration Broad3.042.77
RBC US Ultra Short Duration: Full Style2.702.50
Federated Hermes Trade Finance3.362.48
Federated Hermes Active Cash Broad2.642.45
MetLife Inv. Mgmt. STAMP 1-32.652.39
PIMCO Short Term2.802.36
Calvert Ultra-Short Duration Bond2.502.25
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Inflation-Protected Bond1 year gross return1 year net return
PIMCO Real Ret Asset Long Duration27.8327.21
Franklin U.S. TIPS Composite14.2613.92
PIMCO Real Return Full Authority12.5812.06
PIMCO Real Return Medium Authority12.1611.88
BlackRock TIPS PLUS11.6211.58
Neuberger Berman TIPS11.5811.51
BNP Paribas InflationLinkedBonds U.S.11.7811.43
Mellon US TIPS Barclays11.1711.06
IR+M TIPS11.0610.95
State Street U.S. TIPS Index11.0010.94
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Inflation-Protected Bond5 year gross return5 year net return
PIMCO Real Ret Asset Long Duration10.9210.33
BNP Paribas GlobalInflationLinked Bonds6.576.31
First Quadrant Essential Beta6.446.10
Franklin U.S. TIPS Composite6.055.81
PIMCO Real Return Full Authority5.915.39
PIMCO Real Return Medium Authority5.595.32
Neuberger Berman TIPS5.365.32
BlackRock TIPS PLUS5.255.15
Mellon US TIPS Barclays5.185.12
BNP Paribas InflationLinkedBonds U.S.5.355.05
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Target Date 2036-20401 year gross return1 year net return
Capital Group 2040 Target Date Ret Comp19.2519.25
FIAM Blend Target Date 2040 Composite18.8618.48
FIAM Index Target Date 2040 Composite16.6116.46
Q3 Voyage Target 204014.4413.88
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Target Date 2036-20405 year gross return5 year net return
Capital Group 2040 Target Date Ret Comp13.4413.44
FIAM Blend Target Date 2040 Composite13.0212.74
FIAM Index Target Date 2040 Composite12.5712.47
Q3 Voyage Target 2040n/an/a
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Ultrashort Bond1 year gross return1 year net return
Dolan McEniry Core Plus7.126.85
Federated Hermes Low Duration Broad4.143.94
MetLife Inv. Mgmt. STAMP 1-34.013.76
Schroders Enhanced Securitized4.053.53
DBF Short Duration Govt/Agency3.893.36
Lazard US Short Duration Fixed Income2.912.66
Federated Hermes Active Cash Broad2.762.64
PIMCO Short Term2.992.52
Invesco Tax-Aware Enhanced Cash SMA2.662.52
Sterling Enhanced Cash Institutional2.582.45
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Ultrashort Bond5 year gross return5 year net return
Dolan McEniry Core Plus6.105.84
FIAM Leveraged Loan Composite5.334.81
Schroders Enhanced Securitized4.554.03
Federated Hermes Low Duration Broad3.042.77
RBC US Ultra Short Duration: Full Style2.702.50
Federated Hermes Trade Finance3.362.48
Federated Hermes Active Cash Broad2.642.45
MetLife Inv. Mgmt. STAMP 1-32.652.39
PIMCO Short Term2.802.36
Calvert Ultra-Short Duration Bond2.502.25
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Long-Term Bond1 year gross return1 year net return
Barrow Hanley Long Government/Credit22.3621.93
NISA Long Credit20.5620.29
AXA Inv Mgrs US Inv Grade Corp11.8720.27
Schroders Value Long Duration19.9619.78
Loomis Sayles Long Dur Government/Credit19.9619.70
Camden Long Duration (Govt/Credit) Comp21.3819.65
Jennison Active Long Gov/Credit19.5919.41
Reams Long Duration Fixed Income19.4719.31
IR+M Long Government Credit19.6319.28
FIAM Long Duration19.3319.01
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Long-Term Bond5 year gross return5 year net return
NISA Long Credit11.5811.34
PIMCO Long Term Bond - Long Credit11.6311.34
Reams Long Duration Fixed Income11.2711.13
Dodge & Cox Long Duration FI Composite11.1710.79
PIMCO Long Term Bond Full Authority10.9710.71
MetLife Inv. Mgmt. Long Duration G/C11.0110.67
Baird Advisors Long Govt Credit Bond10.7410.58
Barrow Hanley Long Credit10.9610.56
Loomis Sayles Long Dur Government/Credit10.7610.51
FIAM Long Corporate Composite10.7110.40
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Multisector Bond1 year gross return1 year net return
BW Global Multi-Sector Income (fka GITR)15.3314.71
Loomis Sayles Multi-Sector Full Discretn14.2313.86
TCW Global Fixed Income12.9512.23
Fort Washington Flexible Income10.7110.62
PinebBridge Strategic Bond Strategy9.399.13
Newfleet Global Multi-Sector Income Comp10.178.69
FIAM Tactical Bond8.938.50
Pioneer Multi-Sector Fixed Income8.788.34
Thornburg Multisector Opportun Sep Acct8.908.25
DCM Core Fixed Income8.508.15
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Multisector Bond5 year gross return5 year net return
Herzfeld Fixed Income Composite10.449.61
Newfleet Global Multi-Sector Income Comp9.738.26
BW Global Multi-Sector Income (fka GITR)8.758.11
Loomis Sayles Multi-Sector Full Discretn8.458.09
PIMCO Diversified Income8.677.94
FIAM Tactical Bond7.427.00
Federated Hermes Strategic Multi-Sector7.377.00
Western Asset Global Multi-Sector7.176.75
PinebBridge Strategic Bond Strategy7.086.69
Newfleet Multi-Sector Opportunistic Cpst7.236.60
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Stable Value1 year gross return1 year net return
NISA Stable Value2.762.52
Putnam Stable Value Composite2.682.44
PIMCO Stable Value2.642.39
Invesco Stable Value2.352.15
Mellon Stable Value2.252.14
Galliard Stable Value Composite2.442.03
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Stable Value5 year gross return5 year net return
PIMCO Stable Value2.932.67
NISA Stable Value2.842.58
Mellon Stable Value2.282.18
Putnam Stable Value Composite2.412.16
Invesco Stable Value2.322.12
Galliard Stable Value Composite2.321.92
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Target Date 2011-20151 year gross return1 year net return
FIAM Blend Target Date 2015 Composite12.7312.37
FIAM Index Target Date 2015 Composite11.7011.52
Capital Group 2015 Target Date Ret Comp10.3310.33
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Target Date 2011-20155 year gross return5 year net return
FIAM Blend Target Date 2015 Composite9.309.03
FIAM Index Target Date 2015 Composite8.718.60
Capital Group 2015 Target Date Ret Comp8.378.37
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Emerging Markets Bond1 year gross return1 year net return
Wellington Emerging Markets Debt11.1310.47
Stone Harbor Emerging Mkts Corp Dbt Cor10.8310.38
Lazard EM Debt - Corporate Broad10.8610.22
VanEck Emerging Markets Bond10.129.46
MFS Emerging Markets Debt8.798.24
Western Asset EM Diversified8.387.95
Capital Group EM Debt (Broad) Composite7.987.94
AB Emerging Markets Debt8.327.90
Lazard EM Debt - Total Return9.307.79
Columbia Emerging Markets Fixed Income8.447.72
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Emerging Markets Bond5 year gross return5 year net return
TIAA-CREF Emerging Markets Debt9.508.86
Capital Group EM Debt (USD) Composite8.808.80
Finisterre EMTR Composite9.398.52
PIMCO Emg Mkts External Bond Full Auth9.248.36
Mondrian Inv Emerging Markets Debt8.728.21
TCW Emerging Markets Fixed Income8.728.19
Manulife IM Emerging Markets Debt8.838.18
T. Rowe Price Emerging Markets Corp Bd8.708.12
Stone Harbor Emerging Mkts Corp Dbt Cor8.498.01
Global Evolution EM Debt8.257.94
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Small Blend1 year gross return1 year net return
AllianzGI Rising Disruptors MA108.22108.22
Old West Small/Mid Cap Growth65.6864.28
Harvey Partners LLC Long Only Equity58.4556.91
Investment Management of Virginia Sm Cap34.3333.62
Penn Capital Micro Cap Equity31.6030.83
Ironwood Inv Mgt Small Cap Core30.8329.51
Wellington Small Companies30.1529.02
Thomson Horstmann & Bryant Micro Cap30.0528.52
Fuller & Thaler Small-Cap Core29.1027.99
Invesco Small Cap Equity Composite28.8727.73
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Small Blend5 year gross return5 year net return
Ironwood Inv Mgt Small Cap Core18.2517.09
Old West Small/Mid Cap Growth17.8316.79
Sterling Partners Small-Cap Value Diver17.5316.39
EARNEST Small Cap Core17.5416.38
Wellington Small Cap Opportunities16.9715.94
Segall Small Cap Value Select16.0415.56
Sterling Partners Small-Cap Value Focus16.4515.33
PGI U.S. Small Cap Select Equity15.9115.17
CMC SMID15.3814.91
Azarias Focused Small Cap Value16.9714.79
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Real Estate1 year gross return1 year net return
Financial Trust Global REIT12.7011.30
Adelante NewCORE Strategy5.124.39
WFAM PMV REIT Equity3.372.59
Cohen & Steers US Realty Focus Comp1.901.16
Sterling Cap Stratton Real Estate Fund0.13-0.58
Heitman US RE Securities Focused-0.61-1.21
FIAM U.S. Real Estate Invest Tr-0.56-1.26
Duff & Phelps US REIT-1.12-1.72
Neuberger Berman REIT-0.95-2.29
Cohen & Steers US Realty Total Ret SMA-1.85-2.58
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Real Estate5 year gross return5 year net return
Cohen & Steers US Realty Focus Comp10.259.38
WFAM PMV REIT Equity9.518.70
Financial Trust Global REIT10.058.68
Sterling Cap Stratton Real Estate Fund8.227.57
Neuberger Berman REIT8.307.37
PGI Real Estate Equity Securities7.917.33
Cohen & Steers US Realty Total Ret Comp8.117.29
Cohen & Steers US Realty Total Ret SMA8.117.26
Heitman US RE Securities Focused7.036.36
Duff & Phelps US REIT6.906.23
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Foreign Large Growth1 year gross return1 year net return
Baillie Gifford Intl Concentrated Growth91.9290.63
Baillie Gifford International Growth65.5464.56
Sands International Growth Equity Comp.61.5160.21
Jennison Intl Eq Opportunities Cmpst56.9155.89
Morgan Stanley International Opportunity57.0555.53
AllianzGI International Equity Growth55.2249.80
Calamos International Growth Composite46.2044.85
Alger International Focus Composite44.9744.14
Financial Trust Intl ValueMomentum43.5341.76
Baird Chautauqua Intl Growth Equity38.7338.08
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Foreign Large Growth5 year gross return5 year net return
Baillie Gifford Intl Concentrated Growth31.2130.35
Morgan Stanley International Opportunity24.2322.98
Baillie Gifford International Growth23.2022.47
Jennison Intl Eq Opportunities Cmpst21.3720.74
Morgan Stanley International Advantage20.5219.30
AllianzGI International Equity Growth20.0518.47
WCM Focused Growth International ADR18.5217.78
WCM Inv Mgt Focused Growth Intl18.3517.60
Hardman Johnston Intl Eq17.7017.03
Franklin EAFE Plus Equity17.5516.90
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Diversified Emerging Mkts1 year gross return1 year net return
Artisan Developing World Composite83.4681.64
Jennison Emerging Markets74.6473.49
Morgan Stanley Emerging Markets Leaders61.6860.46
Newton Emerging Markets60.9459.75
Sands Capital Emerging Markets Growth56.1154.93
Calamos Emerging Economies Composite55.5953.94
Wasatch EM Select Composite51.8951.14
Champlain Emerging Markets Composite47.0545.77
Oberweis Emerging Markets44.7543.38
William Blair Emerging Markets Growth41.8540.44
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Diversified Emerging Mkts5 year gross return5 year net return
Artisan Developing World Composite28.3327.01
Jennison Emerging Markets21.7020.87
JPM GEM Discovery-Composite20.2720.21
Sands Capital Emerging Markets Growth20.8119.54
JPM GEM Focused-Composite19.6918.77
Baillie Gifford Emerging Markets Lead Co19.3818.43
Morgan Stanley Emerging Markets Leaders19.2518.18
WCM Inv Mgt Emerging Markets18.4817.99
Newton Emerging Markets18.6417.75
Wasatch EM Select Composite18.3017.64
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Small Blend1 year gross return1 year net return
AllianzGI Rising Disruptors MA108.22108.22
Old West Small/Mid Cap Growth65.6864.28
Harvey Partners LLC Long Only Equity58.4556.91
Investment Management of Virginia Sm Cap34.3333.62
Penn Capital Micro Cap Equity31.6030.83
Ironwood Inv Mgt Small Cap Core30.8329.51
Wellington Small Companies30.1529.02
Thomson Horstmann & Bryant Micro Cap30.0528.52
Fuller & Thaler Small-Cap Core29.1027.99
Invesco Small Cap Equity Composite28.8727.73
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Small Blend5 year gross return5 year net return
Ironwood Inv Mgt Small Cap Core18.2517.09
Old West Small/Mid Cap Growth17.8316.79
Sterling Partners Small-Cap Value Diver17.5316.39
EARNEST Small Cap Core17.5416.38
Wellington Small Cap Opportunities16.9715.94
Segall Small Cap Value Select16.0415.56
Sterling Partners Small-Cap Value Focus16.4515.33
PGI U.S. Small Cap Select Equity15.9115.17
CMC SMID15.3814.91
Azarias Focused Small Cap Value16.9714.79
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Large Value1 year gross return1 year net return
Polaris Concentrated Value28.5827.27
DCM Value Creators-US Large Cap24.6424.02
Polaris Focused Value22.2921.11
Fairfax Large Cap Core22.1520.39
MLIM Impact Alpha Tilts Fund18.7618.76
Cambiar Large Cap Value18.6518.05
Seizert Capital Partners Core Equity18.1617.58
DWA Equity17.8017.01
Stewart Capital Large Cap Value Port17.7916.93
ACR Equity Quality Return Advised SMA17.3316.49
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Large Value5 year gross return5 year net return
Polaris Concentrated Value18.9117.74
DWA Equity17.6717.43
Hillman Advantage Value Equity SMA17.0815.94
Cooke & Bieler Concentrated Value Equity16.8115.80
Polaris Focused Value16.7915.56
Seizert Capital Partners Core Equity15.8415.28
Sterling Quality Income & Value15.4814.90
Cornerstone Concentrated 3015.2814.43
Markston U.S. Large Cap Value14.5513.79
MLIM Impact Alpha Tilts Fund13.6913.69
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Short Government1 year gross return1 year net return
M.D. Sass 3-Year FI5.6321.08
Federated Hermes Short-Interm U.S. Gov6.396.07
PNC Cap Adv Intermediate U.S. Government5.745.47
Sterling Intermediate Government SMA5.785.15
Eagle Government Securities Inst5.645.09
Sit Inv Short Dur Strat4.754.34
Thornburg Limited Term U.S. Government4.694.31
Sterling Short Term Government SMA4.444.09
Morgan Stanley U.S. Mortgage3.853.76
CS McKee Short Government3.693.45
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Short Government5 year gross return5 year net return
M.D. Sass 3-Year FI3.295.81
Morgan Stanley U.S. Mortgage3.243.09
Sit Inv Short Dur Strat3.222.81
Federated Hermes Short-Interm U.S. Gov3.052.74
PNC Cap Adv Intermediate U.S. Government2.942.69
Eagle Government Securities Inst3.092.49
Thornburg Limited Term U.S. Government2.872.48
Sterling Intermediate Government SMA2.982.32
INCORE Short Government Comp2.672.32
M.D. Sass 2-Year FI2.462.19
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Small Value1 year gross return1 year net return
DOMO Concentrated All Cap Value68.5866.30
Brandywine Small Mid Cap Val Eq32.6331.47
Penn Capital Small Cap Value Equity27.9127.34
Snow Capital Mgt Small Cap Value Eq24.1923.60
Heartland Sm-Cap Val Strat21.1020.31
VIMCO Small Cap Value Composite21.5619.99
Snow Capital SMID Cap Value20.9219.78
Brandes U.S. Small Cap Value Equity20.0018.93
Brandywine Institutional Small Cap Value17.8016.63
Olstein US SMID Value Equity17.6616.53
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Small Value5 year gross return5 year net return
DOMO Concentrated All Cap Value25.4323.42
Brandywine Small Mid Cap Val Eq16.6615.63
DePrince, Race & Zollo, Micro Cap Val13.8912.81
Azzad Small Cap Value13.5712.24
Sycamore Small Cap Value Comp13.1312.06
Brandywine Institutional Small Cap Value13.1312.02
Heartland Small-Cap Value Plus Strategy12.4611.63
DePrince, Race & Zollo, Sm-Cap Val12.5811.60
Sterling Small Cap Value12.3811.56
Kestrel Inv Mgt Corp. Sm-Cap Val Eq12.3211.28
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Global Real Estate1 year gross return1 year net return
Cohen & Steers European RE Composite USD6.675.87
Hazelview Core International RE3.483.13
Hazelview Core Global Real Estate2.512.13
Hazelview Global Focused RE2.001.53
PGI Real Estate Core Property1.560.40
American Century Global Real Estate0.410.07
Duff & Phelps Intl Real Estate Secs0.26-0.72
Cohen & Steers Intl RE Securities Comp0.15-0.77
Janus Henderson Global Eq-Property Eq0.99-0.93
Cohen & Steers Global Realty Focus Comp-0.53-1.41
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Global Real Estate5 year gross return5 year net return
Cohen & Steers European RE Composite USD11.6010.64
Cohen & Steers Global Realty Focus Comp10.709.73
Hazelview Global Focused RE9.839.21
Hazelview Core International RE9.729.12
Duff & Phelps Intl Real Estate Secs9.298.24
Morgan Stanley Glbl Infrastructure Sec9.248.22
Global REIT Income Preference8.958.22
Cohen & Steers Intl RE Securities Comp8.757.96
Duff&Phelps Glbl Real Estate Securities8.467.69
Janus Henderson Global Eq-Property Eq9.317.26
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Short-Term Bond1 year gross return1 year net return
Reams Intermediate Fixed Income10.4610.21
Manulife IM Strategic Fixed Income Opp9.188.75
Ziegler Cap Intermediate Fixed Income8.728.31
Wellington Intermediate Bond8.217.95
Thornburg Limited Term Income Sep Acct8.097.74
Buckhead Intermediate Taxable Fixed7.917.69
Manulife IM US Strategic Fixed Income8.137.69
Sage Intermediate Fixed Income7.837.56
Capital Group PCS Core Bond Composite7.477.47
Dodge & Cox Intermediate FI Composite7.717.39
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Short-Term Bond5 year gross return5 year net return
Manulife IM Strategic Fixed Income Opp5.545.11
Brandes Corporate Focus Fixed Income5.254.89
Manulife IM US Strategic Fixed Income5.054.63
Semper Active Mortgage-Backed Securities4.874.53
Templeton Taxable Municipal Intermediate4.784.52
Crossmark Income Opportunities4.674.49
Reams Intermediate Fixed Income4.724.47
SMHCA Municipal Income Wrapped Fee5.514.41
Dodge & Cox Intermediate FI Composite4.684.37
Madison Corporate Bond Ladder 1-10 Yr4.554.34
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Multisector Bond1 year gross return1 year net return
BW Global Multi-Sector Income (fka GITR)15.3314.71
Loomis Sayles Multi-Sector Full Discretn14.2313.86
TCW Global Fixed Income12.9512.23
Fort Washington Flexible Income10.7110.62
PinebBridge Strategic Bond Strategy9.399.13
Newfleet Global Multi-Sector Income Comp10.178.69
FIAM Tactical Bond8.938.50
Pioneer Multi-Sector Fixed Income8.788.34
Thornburg Multisector Opportun Sep Acct8.908.25
DCM Core Fixed Income8.508.15
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Multisector Bond5 year gross return5 year net return
Herzfeld Fixed Income Composite10.449.61
Newfleet Global Multi-Sector Income Comp9.738.26
BW Global Multi-Sector Income (fka GITR)8.758.11
Loomis Sayles Multi-Sector Full Discretn8.458.09
PIMCO Diversified Income8.677.94
FIAM Tactical Bond7.427.00
Federated Hermes Strategic Multi-Sector7.377.00
Western Asset Global Multi-Sector7.176.75
PinebBridge Strategic Bond Strategy7.086.69
Newfleet Multi-Sector Opportunistic Cpst7.236.60
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Mid-Cap Growth1 year gross return1 year net return
Morgan Stanley Discovery149.49147.57
ARK Disruptive Innovation Strategy SMA131.93131.46
Macquarie US Smid-Cap Growth Equity96.0994.77
Alger Mid Cap Focus Composite86.6285.50
Columbus Circle Investors SMID Growth84.6883.20
TFCM Core Growth82.3780.75
Baron Small to Mid Cap Growth Strategy81.5580.07
NCG SMID Cap77.0775.36
Advisory Research U.S. Mid Cap Growth70.7669.39
Mellon US Small/Mid Cap Growth Equity69.8468.83
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Mid-Cap Growth5 year gross return5 year net return
Morgan Stanley Discovery38.0036.90
Kayne Anderson Rudnick SC Sustain Growth31.7430.47
Kayne Anderson Rudnick Mid Sustain Gr29.4528.51
Neuberger Berman Disrupters Portfolio29.4627.73
TFCM Core Growth27.7826.39
Mellon US Small/Mid Cap Growth Equity27.3326.34
Columbus Circle Investors SMID Growth27.0325.95
Advisory Research U.S. Mid Cap Growth26.5125.55
Baron Small to Mid Cap Growth Strategy26.5325.53
NCG SMID Cap26.7025.39
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Financial1 year gross return1 year net return
Wellington FinTech43.4842.24
Manole Fin Tech26.7624.47
Penn Capital FinTech Catalyst19.8319.48
Jennison Financial Services Equity11.9411.32
Kennedy Bank Sector-6.49-7.44
Confluence BDC-Wrap-6.80-8.24
McKinley Capital Business Development Co-7.63-8.79
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Financial5 year gross return5 year net return
Manole Fin Tech19.9418.56
Penn Capital FinTech Catalyst16.8016.52
Confluence BDC-Wrap7.125.51
McKinley Capital Business Development Co6.335.01
Wellington FinTechn/an/a
Jennison Financial Services Equityn/an/a
Kennedy Bank Sectorn/an/a
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Health1 year gross return1 year net return
Janus Henderson Global Life Sciences25.6124.81
Financial Trust Health Value20.5119.02
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Health5 year gross return5 year net return
Janus Henderson Global Life Sciences13.1712.44
Financial Trust Health Value5.904.58
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Natural Resources1 year gross return1 year net return
KBIGI Global Resource Solution32.2231.12
Financial Trust Global Resources24.5523.01
GMO Resources Strategy23.3922.52
VanEck Global Hard Assets Composite21.4520.65
Ecofin Global Water Composite21.0720.15
KBIGI Water Strategy14.8913.93
Jennison Global Natural Resources12.8412.00
Mellon Global Natural Resources7.927.16
Cohen & Steers Natural Resource Eq Comp-1.09-1.75
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Natural Resources5 year gross return5 year net return
GMO Resources Strategy21.3420.52
Ecofin Global Water Composite16.1615.21
KBIGI Global Resource Solution14.4313.47
KBIGI Water Strategy13.6112.66
Cohen & Steers Natural Resource Eq Comp10.009.29
Mellon Global Natural Resources9.438.60
VanEck Global Hard Assets Composite7.436.62
Jennison Global Natural Resources6.996.36
Financial Trust Global Resources6.705.37
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Technology1 year gross return1 year net return
Zevenbergen Genea Growth150.66149.06
J.P. Morgan US Technology Leaders - MA90.3989.70
AllianzGI Global Technology Equity70.8669.22
RS Science And Technology Composite66.1464.50
Jennison Technology Equity65.0363.91
Wellington Global Technology Opps58.3357.18
Janus Henderson Gbl Tech and Innovation52.2351.26
Columbia Global Technology Growth51.4249.96
Wellington Global Technology50.5049.45
BNP Paribas Gbl Innovative Tech Equities50.1448.69
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Technology5 year gross return5 year net return
Zevenbergen Genea Growth41.9340.72
J.P. Morgan US Technology Leaders - MA35.8935.39
RS Science And Technology Composite31.9530.64
Janus Henderson Gbl Tech and Innovation30.3729.54
AllianzGI Global Technology Equity30.0928.93
Columbia Global Technology Growth29.2127.95
Wellington Global Technology Opps27.6026.64
Wellington Global Technology26.8625.93
MFS Technology Equity26.3025.38
Ivy Science/Technology Composite22.4921.45
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Intermediate Government1 year gross return1 year net return
CS McKee Broad Government Fixed9.178.93
Northern Trust Government Index8.117.95
M.D. Sass Core Fix-Inc7.437.15
MFS US Government Fixed Income7.106.83
Amalgamated Bank Intermediate Duration6.416.15
SSgA Intermediate U.S. Govt Bond Index5.775.69
Northern Trust Intermediate Government5.845.68
Intermediate Government Fixed Income5.645.43
SeaCrest US Government Interm Duration5.135.13
RBC Access Capital Community Investing5.535.10
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Intermediate Government5 year gross return5 year net return
CS McKee Broad Government Fixed4.333.98
Columbia US Government Mortgage4.413.91
M.D. Sass Core Fix-Inc4.093.81
Northern Trust Government Index3.853.69
MFS US Government Fixed Income3.933.64
Amalgamated Bank Intermediate Duration3.493.24
RBC Access Capital Community Investing3.513.09
Community Core Fixed Income Composite3.393.01
TCW Index Plus MBS3.262.99
DBF Interm Mortgage-Backed Securities3.212.97
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Large Growth1 year gross return1 year net return
Baillie Gifford US Equity Growth129.49128.32
Zevenbergen Growth Equity125.59124.83
Evolutionary Tree Leading Innovators119.58118.08
Morgan Stanley Insight118.32116.24
Morgan Stanley Growth117.24115.61
LEIA CBI101.18101.18
Mark Long Only93.9891.34
Mark Focus93.5190.98
Dana Unconstrained Equity Strategy87.6286.58
Lord Abbett & Co. Growth Equity- SA78.6377.63
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Large Growth5 year gross return5 year net return
Baillie Gifford US Equity Growth36.8436.15
Morgan Stanley Insight37.1435.81
Zevenbergen Growth Equity34.0633.60
Morgan Stanley Growth33.0132.05
LEIA CBI31.8331.83
Maytech Global Growth Composite29.3627.85
Mark Focus29.6827.83
Mark Long Only29.3127.45
Peregrine Capital Mgt Large Cap Growth26.6626.13
Lord Abbett & Co. Growth Equity- SA26.6825.89
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Bank Loan1 year gross return1 year net return
Park Avenue Floating Rate Composite5.745.15
PGI Bank Loans5.354.84
Octagon Senior Secured Credit4.924.24
PGIM Fixed Inc US Sr Sec Loans Composite4.764.19
Park Avenue Floating Rate Bank Loan Only4.514.01
Bain Capital Liquid Senior Loan4.403.66
TCW Bank Loans4.013.44
MacKay Hi Yld Floating Rate Composite3.843.24
Stone Harbor Leveraged Loans3.052.77
Shenkman Capital Mgt Bank Loan Composite3.082.57
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Bank Loan5 year gross return5 year net return
Park Avenue Floating Rate Composite7.136.60
Octagon Senior Secured Credit6.555.86
Park Avenue Floating Rate Bank Loan Only5.885.38
PGIM Fixed Inc US Sr Sec Loans Composite5.835.25
Bain Capital Liquid Senior Loan5.675.16
Pacific Corporate Bank Loan Composite5.435.14
Loomis Sayles Sr Floating Rate and FI5.585.06
Stone Harbor Leveraged Loans5.234.92
MacKay Hi Yld Floating Rate Composite5.494.87
PGI Bank Loans5.384.86
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Diversified Pacific/Asia1 year gross return1 year net return
Financial Trust Asia ValueMomentum66.3564.29
Impax Asia-Pacific Strategy Composite37.7736.41
ARI Asia Pacific31.8930.60
Asia Pacific inc Japan Equity31.5730.26
Sit Inv Pac Basin27.4026.28
Asia Pacific Separately Mangaed Account13.5912.83
Horizon Asia Institutional9.027.93
Templeton Asia Pacific Eq8.177.43
State Street Asia Pac Value Spotlight6.365.64
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Diversified Pacific/Asia5 year gross return5 year net return
Financial Trust Asia ValueMomentum23.5722.04
ARI Asia Pacific16.2515.79
Asia Pacific inc Japan Equity14.9113.76
Impax Asia-Pacific Strategy Composite14.5013.37
Sit Inv Pac Basin13.4112.41
Asia Pacific Separately Mangaed Account11.4710.59
State Street Asia Pac Value Spotlight9.689.01
Templeton Asia Pacific Eq6.525.83
Horizon Asia Institutional5.274.21
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Large Blend1 year gross return1 year net return
DWA Environment Strategy38.7437.68
Profit Inv Mgt (PIM) Profit Social35.7235.72
SFE All-Cap Core Growth & Income37.6535.36
Fisher US Total Return34.7634.42
DL Carlson US Equity34.6234.41
Optimus Equity Rotation33.0632.41
Fairfax Global Trends ETF Strategy31.5629.33
PVG Capital Growth and Preservation30.3728.85
GS US Equity ESG28.9228.48
Franklin Street Partners Advantaged Eqty28.7427.47
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Large Blend5 year gross return5 year net return
Fuller & Thaler Behavioral Unconstrnd Eq19.9119.62
Euclid Advisory Large Cap Growth20.3618.95
Fisher US Total Return18.9218.61
Profit Inv Mgt (PIM) Profit Social19.0118.40
VanEck Morningstar Wide Moat18.4717.92
DL Carlson US Equity18.3017.89
Mellon Dynamic US Equity Composite18.0117.50
Stance Equity18.3517.45
GMO Quality Strategy17.7917.23
Franklin Street Partners Advantaged Eqty18.2017.04
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Equity Precious Metals1 year gross return1 year net return
VanEck Gold Composite42.7141.78
WFAM Precious Metals25.7424.57
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Equity Precious Metals5 year gross return5 year net return
VanEck Gold Composite24.7423.91
WFAM Precious Metals20.6819.56
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Long Government1 year gross return1 year net return
Barrow Hanley Extended Duration23.8223.53
NISA 15+ STRIPS Fixed Income Composite23.2523.13
PIMCO Long Bond Extended Duration23.2822.85
Hoisington Inv Mgt Macroeconomic FI Comp21.0920.87
Hillswick Long Duration Government20.8020.25
PIMCO Long Duration Treasury18.2717.68
SSgA Long U.S. Govt Bond Index Strategy17.5717.46
DoubleLine Long Duration Total Return14.9914.11
Sterling Full Term Govt Credit SMA Wrap9.639.20
Donoghue Forlines Treasury10.138.76
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Long Government5 year gross return5 year net return
PIMCO Long Bond Extended Duration11.9711.56
Barrow Hanley Extended Duration10.8010.53
NISA 15+ STRIPS Fixed Income Composite10.2910.12
Hillswick Long Duration Government9.959.47
Hoisington Inv Mgt Macroeconomic FI Comp8.938.71
SSgA Long U.S. Govt Bond Index Strategy7.797.72
PIMCO Long Duration Treasury8.127.60
DoubleLine Long Duration Total Return7.576.58
Sterling Full Term Govt Credit SMA Wrapn/an/a
Donoghue Forlines Treasuryn/an/a
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Mid-Cap Value1 year gross return1 year net return
Old West Large Cap57.3255.82
Longfellow Merger Arb34.1331.30
Azzad Mid Cap Value25.7823.94
Shapiro Capital Mgt All Cap Value19.2718.12
Jensen Quality Value Composite15.9615.22
Shapiro Capital Mgt SMID Cap Value15.6814.58
Brandes U.S. Small-Mid Cap Value Equity15.3414.25
WCM Focused Mid Cap14.1414.14
Clifford Capital All-Cap Value13.1712.86
Lyrical U.S. Value Equity – EQ13.6012.79
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Mid-Cap Value5 year gross return5 year net return
Shapiro Capital Mgt All Cap Value18.1617.03
MAP US Multi-Cap Value Composite16.7515.60
Clifford Capital All-Cap Value15.2614.78
Shapiro Capital Mgt SMID Cap Value14.3213.23
Nuance Mid Cap Value Separate Account13.6512.88
Azzad Mid Cap Value14.1412.80
Cooke & Bieler Mid Cap Value Eq12.7111.87
Sycamore Mid Cap Value Comp12.6711.83
Kennedy Mid-Cap Value12.4611.65
Old West Large Cap12.5111.47
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Aggressive Allocation1 year gross return1 year net return
Severin Moderate Growth30.2428.23
Congress Asset Mgt Multi-Cap Balanced28.6228.07
Confluence Growth and Income Alpha25.9025.90
Dorsey Wright Sys Reltv Strength Bal27.0525.87
Calamos US Opportunities Composite23.7422.91
Confluence Growth and Income22.8921.04
C.J. Lawrence Balanced Strategy22.1920.45
SSI Flexible Allocation Strategy #321.1020.19
ASAP Conservative Growth Strategy20.2419.96
Confluence GITE-Wrap19.8617.94
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Aggressive Allocation5 year gross return5 year net return
Calamos US Opportunities Composite14.3113.55
Severin Moderate Growth15.4213.48
Congress Asset Mgt Multi-Cap Balanced13.6513.20
SSI Flexible Allocation Strategy #313.4212.36
Clark Navigator MultiStrategy 75-2512.3412.34
ASAP Conservative Growth Strategy12.5412.27
C.J. Lawrence Balanced Strategy13.3711.95
Confluence Growth and Income Alpha11.6111.43
Washington Crossing Conquest Sec Mod Gr11.6911.41
RBA Global Aggressive ETF11.3711.37
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Japan Stock1 year gross return1 year net return
RBC Japan Equity39.2837.95
T. Rowe Price Japan Equity34.3033.58
FIAM Japan Growth28.9627.95
Baillie Gifford Japan Growth27.3126.54
Baillie Gifford Japan All Cap21.8921.18
MFS Japan Equity19.3418.53
DS_ Japan Equity Fundamental Active18.9718.38
Lazard Japanese Equity15.6715.36
Lazard Japanese Strategic Equity15.3815.03
DS_ Japan Equity Value Plus Alpha12.0011.44
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Japan Stock5 year gross return5 year net return
T. Rowe Price Japan Equity17.5516.90
RBC Japan Equity16.0814.99
Baillie Gifford Japan Growth14.4513.76
Baillie Gifford Japan All Cap14.4113.69
DS_ Japan Equity SmallCap Absolute Value13.7412.96
FIAM Japan Growth11.7010.82
Lazard Japanese Equity10.5810.25
MFS Japan Equity10.219.50
Lazard Japanese Strategic Equity9.919.44
DS_ Japan Equity Fundamental Active9.578.98
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Foreign Small/Mid Value1 year gross return1 year net return
Epoch Non-U.S. Qlty Capital Reinvestment28.1727.60
Mondrian Emerging Markets Small Cap Eq20.8219.35
GlobeFlex International Micro Cap Cmpst16.2515.22
DCM Global Ex-US Small Cap Structured15.8114.83
Metis Global Micro Cap Equity15.7814.68
Metis International Micro Cap Equity9.509.21
ARGA International Small-Cap Strategy9.108.02
Renaissance International Small Cap Eq1,420.836.44
ClearBridge International Small Cap7.015.95
QMA International Small Cap Equity6.325.42
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Foreign Small/Mid Value5 year gross return5 year net return
DCM Global Ex-US Small Cap Structured11.7710.83
GlobeFlex International Micro Cap Cmpst9.468.50
Renaissance International Small Cap Eq84.087.52
Metis Global Micro Cap Equity7.956.68
Causeway International Small Cap7.586.64
LSV Asset Mgt Intl Sm-Cap Val Eq7.316.25
Metis International Small Cap Equity6.645.78
QMA International Small Cap Equity6.325.42
Mondrian Emerging Markets Small Cap Eq6.395.32
SSgA International Small Cap Active6.354.92
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Equity Energy1 year gross return1 year net return
KBIGI Energy Solutions Strategy64.3963.05
Orleans Energy Opportunities-0.03-1.03
Miller/Howard Drill Bit Burn Tip® No K1s-9.26-10.18
Drill Bit to Burner Tip® No K1s SMA-12.65-15.29
Miller/Howard Drill Bit Burner Tip® SMA-18.02-20.51
Ivy Energy Model Portfolio-35.60-35.84
Salient C-Corp SMA Strategy-36.48-36.75
Ivy Energy Composite-37.46-37.99
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Equity Energy5 year gross return5 year net return
KBIGI Energy Solutions Strategy19.9218.92
Miller/Howard Drill Bit Burn Tip® No K1s3.202.17
Drill Bit to Burner Tip® No K1s SMA2.33-0.70
Miller/Howard Drill Bit Burner Tip® SMA0.01-2.96
Ivy Energy Composite-3.65-4.39
Orleans Energy Opportunities-6.95-7.88
Ivy Energy Model Portfolion/an/a
Salient C-Corp SMA Strategyn/an/a
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Foreign Small/Mid Growth1 year gross return1 year net return
Oberweis Intl Opportunities65.1263.83
WCM International Small Cap Growth58.5457.40
Baillie Gifford Intl Smaller Companies47.1746.09
Brown Capital Intl Small Company46.6845.46
Wasatch Int'l Micro Cap Composite43.9241.97
Rainier International Small Cap Equity42.1940.65
T. Rowe Price International Small-Cap Eq39.8338.53
Axiom International Small Cap Strategy38.8737.57
Segall Bryant Fndtl Intl Small Cap36.0135.46
Pinnacle International Small Cap Equity36.3834.76
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Foreign Small/Mid Growth5 year gross return5 year net return
WCM International Small Cap Growth24.7223.96
Brown Capital Intl Small Company22.4921.77
Kayne Anderson Rudnick SC International20.1218.93
TH & B International Opportunities18.6517.30
Wasatch Int'l Micro Cap Composite18.5716.79
Global Equity - Small Cap16.9715.98
Oberweis Intl Opportunities16.7615.66
Axiom International Small Cap Strategy16.4415.34
Segall Bryant Fndtl Intl Small Cap16.3915.27
GW&K International Small Cap Strategy16.2815.14
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Europe Stock1 year gross return1 year net return
Baillie Gifford Europe ex UK48.8748.05
T. Rowe Price Europe Smaller Comp Equity40.9140.00
Baillie Gifford Pan-Europe39.9339.13
Financial Trust Europe ValueMomentum21.5020.00
NS Partners European Equity19.8519.14
PGI European Equity17.9617.47
T. Rowe Price Europe ex-UK Equity17.6217.04
Mellon Euroland Small Cap Equity14.4313.30
T. Rowe Price Europe Equity13.4912.89
Wellington Strategic European Equity13.2112.39
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Europe Stock5 year gross return5 year net return
Baillie Gifford Europe ex UK19.4218.73
T. Rowe Price Europe Smaller Comp Equity14.3513.54
Baillie Gifford Pan-Europe14.0813.36
T. Rowe Price Europe ex-UK Equity10.9310.39
Mellon Euroland Small Cap Equity10.869.81
PGI European Equity10.089.61
NS Partners European Equity10.089.42
Financial Trust Europe ValueMomentum10.469.10
Wellington Strategic European Equity9.788.98
Acadian European Equity Composite9.038.22
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Small Growth1 year gross return1 year net return
Morgan Stanley Inception166.36164.56
Granahan Small Cap Select128.59126.51
Granahan SMID Select126.27124.15
Anchor Founders Value Institutional117.26116.97
TFCM Israeli Innovation113.77111.52
Spouting Rock Small Cap Growth - Focused107.08105.43
Next Century Growth Micro Cap Growth99.9098.75
Macquarie US Small Cap Growth Equity99.0697.33
Advisory Research U.S. Small Cap Growth88.6086.88
Columbus Circle Investors Sm Cap Growth88.0786.57
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Small Growth5 year gross return5 year net return
Granahan Inv Mgt - Sm Cap Focused Grth41.0039.97
TFCM Israeli Innovation39.8538.43
Next Century Growth Micro Cap Growth38.8737.99
Granahan Small Cap Select38.6037.30
Morgan Stanley Inception37.4336.42
Granahan SMID Select36.7635.44
Granahan SC Advantage34.8334.28
Azzad Small Cap Growth34.5133.00
Driehaus Micro Cap Growth32.4331.07
Wasatch Small Cap Ultra Growth Composite31.4330.21
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Utilities1 year gross return1 year net return
MFS Utilities Equity6.976.26
BB Income Growth8.065.93
Miller/Howard – Utilities Plus-3.65-4.61
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Utilities5 year gross return5 year net return
BB Income Growth14.6212.37
MFS Utilities Equity12.3311.61
Miller/Howard – Utilities Plus11.3210.22
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Mid-Cap Blend1 year gross return1 year net return
Old West All Cap Opportunity62.7361.26
Congress SMID Growth50.2849.69
Alamar Equity42.1940.86
SFE Pathways™ (SRI) All-Cap Composite33.8933.37
Northern Trust Extended Eq Market Idx32.0431.85
Janus Henderson US Opportunistic Alpha28.7427.95
Fisher Small Cap Value28.4927.79
Scout Mid Cap Equity28.6527.65
HIS Horizon Enh Socially Responsible28.1626.61
Fisher Small and Mid Cap Value25.4124.61
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Mid-Cap Blend5 year gross return5 year net return
Alamar Equity18.2217.08
EARNEST Mid Cap Core17.2416.06
SFE Pathways™ (SRI) All-Cap Composite16.6516.04
The London Co Mid Cap16.4215.97
Northern Trust Extended Eq Market Idx16.0115.84
Blackrock Russ 3000 Alpha Tilts Compt15.8715.66
Scout Mid Cap Equity16.4115.50
EARNEST Small/Mid Cap Core16.6015.44
TrimTabs All Cap US Free Cash Flow16.1115.43
Calvert U.S. Mid Cap Core Resp Index15.4215.25
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Pacific/Asia ex-Japan Stk1 year gross return1 year net return
Baillie Gifford Asia ex Japan66.9065.78
Morgan Stanley Asia Opportunity53.3751.69
AllianzGI Total Return Asia Equity54.0050.99
AllianzGI Asia-Pfc ex Japan Eq(Core Reg)39.5138.22
Fisher Investments Asia ex-Japan Equity37.6937.69
RBC Asia Pacific ex Japan Equity30.8233.44
T. Rowe Price Asia ex-Japan Equity30.9930.07
RBC Asia ex Japan Equity31.1729.93
Asia Pacific ex Japan Equity30.6729.38
T. Rowe Price Asia Opportunities Eq Comp28.6227.74
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Pacific/Asia ex-Japan Stk5 year gross return5 year net return
Morgan Stanley Asia Opportunity27.2525.83
Baillie Gifford Asia ex Japan22.8121.99
T. Rowe Price Asia Opportunities Eq Comp17.4616.64
Ninety One Asia Pacific Ex Japan16.4915.75
AllianzGI Total Return Asia Equity17.5215.31
Fisher Investments Asia ex-Japan Equity15.7315.21
T. Rowe Price Asia ex-Japan Equity15.7714.90
RBC Asia Pacific ex Japan Equity14.3914.85
RBC Asia ex Japan Equity15.7114.63
Asia Pacific ex Japan Equity15.7214.57
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Foreign Large Value1 year gross return1 year net return
Aristotle Global Equity Advisory17.9117.27
WGI Developed Markets Ex-U.S. Composite17.6417.04
Dana International ADR Strategy15.2714.68
Acadian ACW ex-U.S. Equity Composite13.9013.05
KKM iShares International Rotation Model13.4913.04
QMA Int'l Equity Opps Composite11.2810.57
ARGA International Equity Strategy11.3310.44
Acadian ACWI ex-US Value Composite10.8810.05
AllianzGI International Value10.489.55
MFS Blended Research - International9.849.40
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Foreign Large Value5 year gross return5 year net return
Aristotle Global Equity Advisory14.1513.55
ARGA International Equity Strategy12.4611.40
WGI Developed Markets Ex-U.S. Composite11.6210.72
Acadian ACW ex-U.S. Equity Composite11.4310.61
Acadian ACWI ex-US Value Composite11.4010.57
Mondrian Global All Countries World Eq10.8710.16
State Street Int’l Value Spotlight9.219.09
Columbia EAFE Core9.228.33
Brandywine Intl Opportunistic Eq8.918.10
GMO Intnl All Cntry Eqt Allct Strg8.898.07
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Latin America Stock1 year gross return1 year net return
T. Rowe Price Latin America Equity-6.22-7.04
Morgan Stanley Latin America Equity-7.91-8.95
Latin American Equity-14.92-15.76
Financial Trust Latin Value Momentum-23.06-24.01
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Latin America Stock5 year gross return5 year net return
T. Rowe Price Latin America Equity13.1712.21
Morgan Stanley Latin America Equity11.1610.47
Latin American Equity11.099.98
Financial Trust Latin Value Momentum3.692.42
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Intermediate-Term Bond1 year gross return1 year net return
Brandywine Global U.S. Fixed Income16.7416.39
Reams Core Fixed Income16.4416.15
EARNEST Fixed Income Long Duration11.8811.50
FIAM Broad Market Duration Composite11.5111.21
Total Return Bond Strategy11.4711.13
AB US Investment Grade Corporates11.3511.03
Total Return Bond + Strategy11.2910.90
Capital Group U.S. Core FI Composite10.8610.84
IR+M Gov/Credit10.8010.48
Integrity Core Aggregate10.7210.44
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Intermediate-Term Bond5 year gross return5 year net return
Brandywine Global U.S. Fixed Income9.869.53
AB US Investment Grade Corporates7.467.20
EARNEST Fixed Income Long Duration7.246.87
Spectrum Preferred Securities6.856.60
Reams Core Fixed Income6.286.01
Invesco Core Plus Composite6.325.95
FIAM Broad Market Duration Composite6.245.94
MacKay Shields Core Plus Opportunities6.325.91
F/m Genoa Opportunistic Income6.395.87
LMCG Institutional Core Bond6.035.83
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Small Value1 year gross return1 year net return
DOMO Concentrated All Cap Value68.5866.30
Brandywine Small Mid Cap Val Eq32.6331.47
Penn Capital Small Cap Value Equity27.9127.34
Snow Capital Mgt Small Cap Value Eq24.1923.60
Heartland Sm-Cap Val Strat21.1020.31
VIMCO Small Cap Value Composite21.5619.99
Snow Capital SMID Cap Value20.9219.78
Brandes U.S. Small Cap Value Equity20.0018.93
Brandywine Institutional Small Cap Value17.8016.63
Olstein US SMID Value Equity17.6616.53
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Small Value5 year gross return5 year net return
DOMO Concentrated All Cap Value25.4323.42
Brandywine Small Mid Cap Val Eq16.6615.63
DePrince, Race & Zollo, Micro Cap Val13.8912.81
Azzad Small Cap Value13.5712.24
Sycamore Small Cap Value Comp13.1312.06
Brandywine Institutional Small Cap Value13.1312.02
Heartland Small-Cap Value Plus Strategy12.4611.63
DePrince, Race & Zollo, Sm-Cap Val12.5811.60
Sterling Small Cap Value12.3811.56
Kestrel Inv Mgt Corp. Sm-Cap Val Eq12.3211.28
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Long/Short Equity1 year gross return1 year net return
INTERNET ADVANTAGE - Mid Cap Small Cap37.0535.54
F/m Integrated Alpha Long / Short34.5434.30
INTERNET ADVANTAGE - EQUITY LONG/SHORT35.8433.26
IAS - Concentrated US Equity Long Short28.3826.26
Calamos Phineus Long/Short Composite22.8621.37
BlackRock Alpha Advantage 500 Composite21.0921.09
Wellington Hedged Alpha Opportunities15.0214.20
BP Emerging Markets Dynamic Equity13.4412.07
Epoch Global Absolute Return11.8410.81
Optimus Hedged Equity11.1610.61
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Long/Short Equity5 year gross return5 year net return
F/m Integrated Alpha Long / Short17.7017.66
BlackRock Alpha Advantage 500 Composite15.5015.31
Epoch Global Absolute Return10.739.58
INTERNET ADVANTAGE - EQUITY LONG/SHORT11.189.47
Elite Tactical Long/Short10.299.26
PVG Dynamic Core ETF10.349.13
QMA US Core Equity Extended9.708.99
Optimus Hedged Equity9.428.88
Calamos Phineus Long/Short Composite9.798.42
BP Emerging Markets Dynamic Equity9.337.67
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


World Bond1 year gross return1 year net return
LS Global Agg Bond in USD (HY Eligible)14.3014.01
T. Rowe Price Global Agg Bond Strategy14.0813.75
LS Global World Bond in USD(HY Eligible)14.0813.75
Janus Henderson Global Multi-Sector Bond13.6913.21
WFAM International Bond13.4013.07
Loomis Sayles Global Debt Unconstrained13.1712.80
Mondrian Inv Intl Fixed Unhedged13.1312.65
PIMCO Non US Unhedged12.8312.22
Brandywine Global Opportun Fxd Inc12.3911.89
MFS Global Aggregate Core Plus11.8711.47
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


World Bond5 year gross return5 year net return
PGIM Fixed Income Global Total Return7.957.58
Wellington Opportunistic Fixed Income7.627.03
Brandywine Global Opportun Fxd Inc7.116.63
LS Global Agg Bond in USD (HY Eligible)6.526.24
T. Rowe Price Gbl Invmt Grade Corp Bond6.566.24
LS Global World Bond in USD(HY Eligible)6.496.21
Brandywine Global Opportunistic Tot Ret6.906.14
Invesco International Bond6.656.14
PIMCO Global Advantage Strategy6.515.96
MFS Global Aggregate Core Plus6.275.89
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Bear Market1 year gross return1 year net return
Optimus Global Advantage All Asset-4.90-5.38
Federated Hermes Alternative Bear Eq.-21.47-22.45
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Bear Market5 year gross return5 year net return
Optimus Global Advantage All Asset-0.62-1.11
Federated Hermes Alternative Bear Eq.-14.26-15.42
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Foreign Large Blend1 year gross return1 year net return
Morgan Stanley Active Intl Alloc31.6730.34
Int'l Alpha (ACWI Ex-US) Equities26.4425.81
Schroders International Alpha26.0624.84
Schroders International Alpha ADR23.4623.09
ARI EAFE24.2523.02
Thornburg International Equity Sep Acct23.9223.01
RBC International Focus Equity23.5022.62
Invesco OFI International Growth23.2122.41
Thornburg International ADR Sep Acct22.0821.51
Arrowstreet Intl Eq Str All Wld ex US22.0121.05
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


Foreign Large Blend5 year gross return5 year net return
Int'l Alpha (ACWI Ex-US) Equities13.6714.73
ARI EAFE13.4412.99
WFAM International Equity CEF12.9411.99
Schroders International Alpha12.8611.81
WCM Focused International Value12.0311.73
Arrowstreet Intl Eq Str All Wld ex US12.5111.62
Acadian Global Sustainable Eq Composite12.3711.53
Schroders International Alpha ADR11.2710.98
RBC International Focus Equity11.7510.96
Schroders International Equity11.5210.81
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


High Yield Bond1 year gross return1 year net return
BNYM Mellon DB NSL Eff Bt Fallen Angels21.3620.87
Diamond Hill High Yield14.4113.84
TCW High Yield12.3711.63
Shenkman Capital Multi-Strategy Comp12.1511.32
Clark Navigator Fixed Inc TR10.9510.95
Clark Navigator Fixed Inc TR (Wells)10.9510.57
Artisan High Income11.0010.24
Braver AIQ Tactical High Income11.7910.13
Diamond Hill Corporate Credit10.449.95
Seix High Quality High Yield10.409.85
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021


High Yield Bond5 year gross return5 year net return
Diamond Hill High Yield11.6711.11
MacKay Select High Yield Composite11.4910.77
PineBridge High Yield Bond Composite9.819.35
Artisan High Income10.049.27
T. Rowe Price US High Yield Bd (Phila.)9.649.09
Capital Group Global High-Income Opp Cmp9.679.04
Shenkman Capital Multi-Strategy Comp9.829.00
MetLife Inv. Mgmt. High Yield Mid-Grade9.428.88
Diamond Hill Corporate Credit9.328.83
Nomura NCRAM HY Total Return Inst9.348.80
Source: Morningstar Separate Account/CIT Fund Database; data populated as of February 17, 2021
Recommended for You
U.S. convertibles provide downside protection during market downturns
U.S. convertibles provide downside protection during market downturns
Large REITs overweight gaming, healthcare, telecom, among others — Nareit
Large REITs overweight gaming, healthcare, telecom, among others — Nareit
Publicly traded alternative firms’ private equity returns vary; private credit strong
Publicly traded alternative firms’ private equity returns vary; private credit strong