Download Treasury Inflation-Protected Securities (TIPS) Fund

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Treasury
Inflation-Protected Securities (TIPS) Fund
..........................................................................................................................................................................................................................................................................................................................................
Benchmark
BBgBarc US Treasury US TIPS TR USD
Overall Morningstar Rating™
Morningstar Return
Morningstar Risk
QQQQQ
High
Above Average
Rated against 195 Inflation-Protected Bond funds.
Investment Strategy
Performance
The Fund seeks investment results that correspond with in the
Bloomberg Barclays U.S. Treasury Inflation Protected
Securities Index (Series-L). The Fund is invested in a portfolio
of debt securities that have at least one year remaining to
maturity and are rated investment-grade. The securities are
USD denominated, fixed-rate and non-convertible. As the Index
changes based on issuance by the U.S. Treasury, the securities
in the Fund will also change. The Fund uses a passive approach
to try to achieve the Fund's investment objective. The Fund
may generate some income by lending securities to
creditworthy financial institutions. There is no guarantee that
the Fund's objective will be met.
Category Description: Inflation-Protected Bond
Inflation-protected bond portfolios invest primarily in debt
securities that adjust their principal values in line with the rate
of inflation. These bonds can be issued by any organization, but
the U.S. Treasury is currently the largest issuer for these types
of securities.
Investment
High
5
0
-5
-10
Average annual, if greater
than 1 year
-15
3 Month
1 Year
3 Year
5 Year
10 Year
Since Inception
.
1.36
1.75
2.21
1.01
3.25
Fund Return %
.
.
1.26
1.68
2.24
1.07
Benchmark Return %
.
.
1.19
2.13
1.17
0.40
Category Average %
..........................................................................................................................................................................................................
.
. QQQQQ QQQQQ
.
Morningstar Rating™
.
.
.
.
.
195
165
# of Funds in Category
Calendar Year Returns
2007
.
YTD
.
Total Return %
YTD
Benchmark
2008
2009
2010
.
.
.YTD .
Investment
2011
2012
. 13.81
YTD
. 13.56
7.08
6.98
2014
2015
2016
03-17
-9.40
4.31
-8.61YTD 3.64
2013
-1.74
-1.44
5.05
4.68
1.36
1.26
Benchmark
15
10
-7.76%
(May '13 - Jul '13)
2007
2008
2009
2010
2011
2012
Composition as of 03-31-17
% Assets
U.S. Stocks
Non-U.S. Stocks
Bonds
Cash
Other
0.0
0.0
100.0
0.0
0.0
Sales Charge
None
Investment Management 0.03 - 0.05% of fund assets ¹
Expense Ratio
Administrative Expense
. ¹
Ratio
Fund
Inception Date
05-03-10
................................................................................................
BlackRock Institutional Trust
Company NA
800-444-4015
2014
2015
2016
03 - 17
Morningstar Fixed Income Style Box™ as of 03-31-17
Ltd
Operations
2013
Portfolio Analysis 03-31-17
Low
Worst 3 Month Return
5.77%
(Jun '11 - Aug '11)
0
Med
Best 3 Month Return
5
High
In the past, this investment has shown a relatively small range
of price fluctuations relative to other investments. Based on this
measure, currently more than two-thirds of all investments in
this category have shown higher levels of risk. Consequently,
this investment may appeal to investors looking for a
conservative investment strategy.
Telephone
10
20
Moderate
Category
Management Company
Total Return%
as of 03-31-17
Investment
Benchmark
15
Growth of $10,000 as of 03-31-17
25
Volatility Analysis
Low
20
Top 10 Holdings as of 03-31-17
% Assets
US Treasury Note 01-15-25
US Treasury Note 04-15-19
US Treasury Note 04-15-21
US Treasury Note 04-15-20
US Treasury Note 01-15-26
5.93
5.58
5.44
5.25
5.03
US Treasury Note 04-15-18
US Treasury Note 01-15-22
US Treasury Note 07-15-21
US Treasury TIP 01-15-23
US Treasury Note 01-15-24
4.40
3.99
3.76
3.70
3.65
Mod
Avg Eff Duration
Avg Eff Maturity
Avg Credit Quality
Avg Wtd Coupon
Avg Wtd Price
7.58
8.28
AAA
0.84
104.96
Ext
Credit Analysis: % Bonds as of 03-31-17
AAA
AA
A
BBB
100
0
0
0
BB
B
Below B
Not Rated
0
0
0
0
..........................................................................................
.......................................................................................................
Total Number of Stock Holdings
Total Number of Bond Holdings
Annual Turnover Ratio %
Lockheed Martin Fund Assets ($mil)
0
38
28.67
338.4
Notes
This profile reflects past performance and should not be considered indicative of future performance.
Annualized total returns measure net investment and capital gain or loss from portfolio investments as an annualized average, assuming the reinvestment of dividends.
The Morningstar Rating that is reflected on this page is hypothetical. The Rating is considered hypothetical because Morningstar does not independently analyze the "custom fund" universe. Rather the Rating is assigned to the "custom fund" as a means to compare
the institutional funds with the universe of mutual funds that Morningstar rates.
The Composition, Credit Analysis and Morningstar Sectors, where applicable, may not add up to exactly 100% due to rounding.
1See summary plan description and any subsequent summary of material modifications/prospectus for explanation of investment management and administrative expenses.
©2017 Morningstar, Inc., Morningstar Investment Profiles™ 312-696-6000. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may
not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of
information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com
ß
®
Page 2 of 3
Treasury
Inflation-Protected Securities (TIPS) Fund
.......................................................................................................................................................................................................................................................................................................................................
Total Stocks
Total Bonds
0
38
Total Cash
0
Bond Portfolio Analysis as of 03-31-17
Security Name
Net Assets %
Market Value $
Amount $
US Treasury Note
US Treasury Note
US Treasury Note
US Treasury Note
US Treasury Note
5.93
5.58
5.44
5.25
5.03
158,730,801
149,339,486
145,668,895
140,643,688
134,806,020
160,017,279
147,166,885
144,089,336
138,542,438
132,325,349
Maturity Date
2025-01-15
2019-04-15
2021-04-15
2020-04-15
2026-01-15
US Treasury Note
US Treasury Note
US Treasury Note
US Treasury TIP
US Treasury Note
4.40
3.99
3.76
3.70
3.65
117,929,723
106,737,851
100,699,788
99,115,534
97,726,936
116,918,156
105,874,638
97,035,757
99,108,044
95,397,125
2018-04-15
2022-01-15
2021-07-15
2023-01-15
2024-01-15
US Treasury Note
US Treasury Note
US Treasury Note
US Treasury Note
US Treasury Bond
3.58
3.44
3.32
3.18
2.98
95,983,987
92,128,159
88,859,123
85,219,372
79,701,634
96,828,566
91,361,773
88,592,306
80,917,761
69,078,201
2024-07-15
2022-07-15
2025-07-15
2021-01-15
2025-01-15
US Treasury Note
US Treasury Note
US Treasury Bond
US Treasury Bond
US Treasury Bond
2.68
2.53
2.34
2.07
2.00
71,745,108
67,685,161
62,696,850
55,481,469
53,510,383
70,589,885
69,337,020
55,234,113
45,354,610
48,475,326
2023-07-15
2026-07-15
2026-01-15
2029-01-15
2044-02-15
US Treasury Bond
US Treasury TIP 1.75%
US Treasury Bond
US Treasury Note
US Treasury Bond
1.98
1.93
1.92
1.89
1.88
52,916,948
51,769,746
51,363,910
50,601,926
50,431,251
55,505,248
45,765,711
53,362,752
48,018,977
36,452,587
2045-02-15
2028-01-15
2042-02-15
2020-01-15
2029-04-15
US Treasury TIP 1.25%
US Treasury Bond
US Treasury Bond
US Treasury Bond
US Treasury Bond
1.87
1.84
1.79
1.56
1.49
49,988,654
49,226,731
48,051,546
41,812,029
39,953,569
47,224,740
37,016,964
40,628,227
44,908,315
39,347,164
2020-07-15
2028-04-15
2027-01-15
2043-02-15
2046-02-15
US Treasury Note
US Treasury Note
US Treasury Bond
US Treasury Bond
US Treasury Note
1.49
1.39
1.18
1.17
0.74
39,922,579
37,213,875
31,541,686
31,351,804
19,871,048
37,940,042
35,026,267
24,849,226
24,864,760
19,946,869
2019-01-15
2019-07-15
2041-02-15
2040-02-15
2027-01-15
US Treasury Note
US Treasury Bond
US Treasury Bond
0.48
0.29
0.23
12,789,173
7,825,824
6,154,997
12,363,340
5,570,522
6,247,100
2018-07-15
2032-04-15
2047-02-15
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©2017 Morningstar, Inc., Morningstar Investment Profiles™ 312-696-6000. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may
not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of
information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com
ß
®
Page 3 of 3
Treasury
Inflation-Protected Securities (TIPS) Fund
.......................................................................................................................................................................................................................................................................................................................................
Total Stocks
0
Total Bonds
38
Total Cash
0
Other Portfolio Analysis as of 03-31-17
Security Name
Short-Term Investment Fund
Net Assets %
Market Value $
0.04
1,050,527
©2017 Morningstar, Inc., Morningstar Investment Profiles™ 312-696-6000. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may
not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of
information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com
ß
®