Investment Fund Scorecard Effective 03/31/2019 YTD 1 Year ...

Investment Fund Scorecard Effective 03/31/2019

YTD

1 Year

3 Year

5 Year

10 Year

Company

Fund Name

VALIC BlackRock Multi-Asset Income Instl

TIAA

CREF Social Choice R3^

TIAA

CREF Stock R3^

VALIC American Funds New World R4

VALIC Fidelity Advisor Gold I**

VALIC Davis Financial Y

TIAA

TIAA Traditional Annuity - GRA

TIAA

TIAA Traditional Annuity - GSRA

VALIC VALIC Fixed Account

VALIC iShares MSCI EAFE Intl Idx Inv A

TIAA

Thornburg International Value R6

TIAA

TIAA-CREF International Eq Idx Premier

VALIC Oppenheimer International Diversified Y

VALIC VALIC Company I Global Real Estate

TIAA

Voya Global Real Estate I

VALIC Vanguard Health Care Adm

TIAA

CREF Inflation-Linked Bond R3^

VALIC PIMCO Real Return A

TIAA

CREF Bond Market R3^

VALIC JPMorgan Core Bond I

TIAA

PGIM Total Return Bond Fund Q

VALIC Columbia Large Cap Index A

TIAA

CREF Equity Index R3^

TIAA

Vanguard Institutional Index

VALIC American Funds Growth Fund of Amer R4

TIAA

American Funds Growth Fund of Amer R6

TIAA

CREF Growth R3^

VALIC Fidelity Advisor New Insights I

TIAA

TIAA-CREF Growth & Income Premier

VALIC Columbia Dividend Income R4

VALIC MFS Value R3

TIAA

Vanguard Equity Income Fund Admiral

VALIC Vanguard Market Neutral Inv

VALIC Columbia Mid Cap Index A

TIAA

Vanguard Extended Market Index

VALIC Ivy Mid Cap Growth Y

TIAA

PGIM Jennison Mid Cap Growth Q

VALIC Victory Sycamore Established Value A

TIAA

Victory Sycamore Established Value I

TIAA

TIAA Real Estate Account

TIAA

CREF Money Market R3^

VALIC Fidelity Treasury Only Money Market

VALIC Fidelity Advisor Strategic Income I

VALIC Columbia Small Cap Index A

TIAA

Goldman Sachs Small Cap Value Instl

VALIC Goldman Sachs Small Cap Value Instl

VALIC ClearBridge Small Cap Growth I

TIAA

ClearBridge Small Cap Growth IS

TIAA

TIAA Stable Value

TIAA

TIAA-CREF Lifecycle 2010 Premier

TIAA

TIAA-CREF Lifecycle 2015 Premier

VALIC Vanguard Target Retirement 2015 Inv

TIAA

TIAA-CREF Lifecycle 2020 Premier

VALIC Vanguard Target Retirement 2020 Inv

TIAA

TIAA-CREF Lifecycle 2025 Premier

VALIC Vanguard Target Retirement 2025 Inv

TIAA

TIAA-CREF Lifecycle 2030 Premier

Morningstar (Mstar) Fund Category

Allocation - 30% to 50% Equ Allocation - 50% to 70% Equ Allocation - 85%+ Equity Diversified Emerging Mkts Equity Precious Metals Financial Fixed Fixed Fixed Foreign Large Blend Foreign Large Blend Foreign Large Blend Foreign Large Growth Global Real Estate Global Real Estate Health Inflation-Protected Bond Inflation-Protected Bond Intermediate-Term Bond Intermediate-Term Bond Intermediate-Term Bond Large Blend Large Blend Large Blend Large Growth Large Growth Large Growth Large Growth Large Growth Large Value Large Value Large Value Market Neutral Mid-Cap Blend Mid-Cap Blend Mid-Cap Growth Mid-Cap Growth Mid-Cap Value Mid-Cap Value Miscellaneous Sector Money Market Money Market Multisector Bond Small Blend Small Blend Small Blend Small Growth Small Growth Stable Value Target Date 2000-2010 Target Date 2015 Target Date 2015 Target Date 2020 Target Date 2020 Target Date 2025 Target Date 2025 Target Date 2030

Ticker Mstar Rating

Symbol (5=best)

BIICX

4

QCSCIX

3

QCSTIX

4

RNWEX

4

FGDIX

3

DVFYX

4

N/A

N/A

N/A

MDIIX

3

TGIRX

3

TRIPX

3

OIDYX

4

VGREX

3

IGLIX

2

VGHAX

3

QCILIX

3

PRTNX

4

QCBMIX

3

WOBDX

3

PTRQX

5

NEIAX

4

QCEQIX

4

VINIX

5

RGAEX

3

RGAGX

3

QCGRIX

3

FINSX

3

TRPGX

3

CVIRX

5

MEIHX

3

VEIRX

5

VMNFX

3

NTIAX

4

VIEIX

4

WMGYX

4

PJGQX

3

VETAX

4

VEVIX

5

QREARX

QCMMIX

FDLXX

FSRIX

4

NMSAX

4

GSSIX

4

GSSIX

4

SBPYX

4

LMOIX

4

N/A

TCTPX

4

TCFPX

4

VTXVX

4

TCWPX

4

VTWNX

4

TCQPX

4

VTTVX

4

TCHPX

4

YTD % Mstar Rank

Return (1=best)

6.97

59

8.74

13.22

13.75

15

6.14

71

7.23

90

0.93

0.77

0.50

9.92

59

15.74

1

10.00

55

11.73

72

15.21

28

15.10

40

7.92

80

2.56

3.44

26

3.25

2.90

67

3.81

17

13.54

38

13.95

13.65

29

13.77

82

13.87

81

16.92

15.31

57

14.61

71

11.99

30

12.72

15

11.11

56

-5.25

89

14.43

50

15.99

17

21.20

16

19.86

29

13.64

45

13.75

41

1.71

0.54

0.51

5.23

25

11.57

79

12.49

63

12.49

63

15.04

69

15.08

67

7.01

14

7.51

19

6.49

72

8.19

18

7.82

37

9.10

20

8.82

26

10.04

122

Annual % Mstar Rank Ave Ann % Mstar Rank Ave Ann % Mstar Rank Ave Ann % Mstar Rank

Return (1=best) Return (1=best) Return (1=best) Return (1=best)

4.55

24

6.04

31

4.00

46

9.09

23

4.81

7.91

5.87

10.07

2.73

11.26

7.52

13.48

-1.44

3

11.15

27

4.40

18

10.04

20

0.79

31

1.57

59

0.59

29

-3.70

70

-4.76

38

10.58

60

8.45

30

14.60

25

3.87

3.91

3.94

4.01

3.16

3.22

3.25

3.30

2.00

2.02

2.54

3.69

-4.18

34

7.17

42

1.92

59

8.40

55

-4.89

50

6.02

69

3.88

8

-3.96

28

7.41

34

2.34

40

-5.32

72

8.32

44

4.12

41

11.58

14

10.78

52

6.64

34

6.61

39

13.46

42

10.16

62

3.92

96

4.99

80

12.10

73

8.98

66

9.29

77

9.64

53

16.06

68

2.60

1.37

1.55

2.99

2.13

55

1.68

31

1.34

52

3.66

10

4.54

2.91

2.91

3.98

4.43

24

2.11

58

2.67

44

3.97

72

4.78

17

3.85

7

3.92

3

8.98

33

12.99

35

10.42

24

15.42

32

8.59

13.24

10.10

15.63

9.47

22

13.48

18

10.88

10

15.90

15

7.28

79

15.71

44

11.48

51

15.42

63

7.67

76

16.12

37

11.87

46

11.57

16.32

13.31

17.09

8.02

73

15.07

52

10.60

63

15.33

62

5.71

90

13.16

73

10.09

68

9.23

15

12.38

9

10.27

4

14.47

4.56

47

9.88

56

7.93

30

13.33

51

7.58

23

11.26

21

9.38

10

15.42

14

-6.11

83

-3.28

86

-0.02

62

1.10

60

2.11

60

10.73

44

7.78

29

15.75

33

4.97

26

13.32

8

7.88

27

16.39

9

15.72

8

18.05

13

10.35

31

8.14

22

9.26

44

12.46

69

8.40

68

3.23

26

10.95

14

9.27

4

15.79

19

3.56

23

11.27

12

9.62

4

5.58

4.73

6.78

5.65

1.78

0.87

0.52

0.26

1.72

0.82

0.50

0.25

2.56

71

5.30

28

3.64

17

7.31

40

1.13

42

12.08

24

7.94

9

16.47

11

-1.26

66

10.51

45

6.15

45

15.35

36

-1.26

66

10.51

45

6.15

45

15.35

36

13.29

18

20.51

17

9.64

28

17.88

21

13.43

16

20.65

15

9.78

27

18.00

22

1.95

3.08

61

6.53

10

4.82

7

2.98

77

7.01

18

5.12

14

3.87

37

6.28

54

4.98

36

9.25

54

2.80

75

7.69

13

5.47

15

3.82

35

7.39

29

5.65

4

10.19

25

2.60

83

8.42

19

5.87

22

3.83

37

8.20

32

6.07

6

10.95

29

2.43

81

9.16

24

6.22

24

Expense Ratio %

0.55 0.27 0.31 0.97 0.83 0.70

0.36 0.79 0.21 0.22 0.86 1.05 0.33 0.24 1.28 0.31 0.50 0.41 0.45 0.23 0.04 0.67 0.32 0.26 0.78 0.55 0.72 0.82 0.18 1.80 0.45 0.06 1.27 0.58 0.89 0.59 0.76 0.24 0.42 0.73 0.45 0.94 0.94 0.90 0.78

0.15 0.15 0.00 0.15 0.00 0.15 0.00 0.15

Investment Fund Scorecard Effective 03/31/2019

YTD

1 Year

3 Year

5 Year

10 Year

Morningstar (Mstar)

Ticker Mstar Rating YTD % Mstar Rank Annual % Mstar Rank Ave Ann % Mstar Rank Ave Ann % Mstar Rank Ave Ann % Mstar Rank Expense

Company

Fund Name

Fund Category

Symbol (5=best) Return (1=best) Return (1=best) Return (1=best) Return (1=best) Return (1=best) Ratio %

VALIC Vanguard Target Retirement 2030 Inv

Target Date 2030

VTHRX

4

9.54

49

3.71

38

8.87

34

6.39

17

11.65

20

0.00

TIAA

TIAA-CREF Lifecycle 2035 Premier

Target Date 2035

TCYPX

3

10.95

22

2.13

86

9.87

22

6.55

27

0.15

VALIC Vanguard Target Retirement 2035 Inv

Target Date 2035

VTTHX

4

10.20

55

3.55

35

9.52

39

6.69

22

12.27

22

0.00

TIAA

TIAA-CREF Lifecycle 2040 Premier

Target Date 2040

TCZPX

3

11.84

15

1.74

88

10.51

16

6.81

25

0.15

VALIC Vanguard Target Retirement 2040 Inv

Target Date 2040

VFORX

4

10.96

52

3.38

41

10.20

31

6.96

22

12.55

18

0.00

TIAA

TIAA-CREF Lifecycle 2045 Premier

Target Date 2045

TTFPX

3

12.49

8

1.49

91

10.77

12

6.96

27

0.15

VALIC Vanguard Target Retirement 2045 Inv

Target Date 2045

VTIVX

4

11.48

52

3.27

45

10.43

35

7.08

20

12.63

20

0.00

TIAA

TIAA-CREF Lifecycle 2050 Premier

Target Date 2050

TCLPX

3

12.62

12

1.43

86

10.86

10

7.04

26

0.15

VALIC Vanguard Target Retirement 2050 Inv

Target Date 2050

VFIFX

4

11.50

58

3.27

41

10.43

37

7.08

22

12.63

20

0.00

TIAA

TIAA-CREF Lifecycle 2055 Premier

Target Date 2055

TTRPX

3

12.77

10

1.45

89

10.97

9

7.09

23

0.15

VALIC Vanguard Target Retirement 2055 Inv

Target Date 2055

VFFVX

4

11.50

66

3.28

40

10.43

46

7.05

30

0.00

TIAA

TIAA-CREF Lifecycle 2060 Premier

Target Date 2060+

TLXPX

4

12.93

8

1.34

88

11.05

11

0.15

VALIC Vanguard Target Retirement 2060 Inv

Target Date 2060+

VTTSX

3

11.48

74

3.25

45

10.42

50

7.05

1

0.00

VALIC Vanguard Target Retirement 2065 Inv

Target Date 2060+

VLXVX

11.47

77

3.24

47

0.00

TIAA

TIAA-CREF Lifecycle Retire Income Premier Target-Date Retirement

TPILX

5

6.79

19

3.04

70

6.23

8

4.60

6

0.15

VALIC Vanguard Target Retirement Income Inv Target-Date Retirement

VTINX

3

5.50

65

3.92

35

4.87

49

4.13

23

6.69

52

VALIC Templeton Global Bond A

World Bond

TPINX

4

1.91

81

1.80

46

3.90

13

1.64

31

5.37

27

0.86

VALIC American Funds Capital World G/I R4

World Large Stock

RWIEX

3

12.16

48

0.28

64

10.02

43

5.97

46

11.50

54

0.79

TIAA

American Funds Capital World G/I R6

World Large Stock

RWIGX

3

12.25

47

0.62

62

10.40

37

6.34

39

0.44

TIAA

CREF Global Equities R3^

World Large Stock

QCGLIX

3

13.51

0.21

9.97

6.12

12.21

0.34

*Fund not available in the 457(b) plan. **Fund closed to new investments. ^The performance shown for Class R3 that is prior to its inception date is based upon the performance of the Account's Class R1. The performance for these periods has not been restated

to reflect the lower expenses of Class R3. If these lower expenses had been reflected, the performance of Class R3 for these periods would have been higher.

The performance data quoted represents past performance, and is no guarantee of future results. Your returns and the principal value of your investment will fluctuate so that your accumulation units or shares, when redeemed, may be worth more or less than their

original cost. Current performance may be lower or higher than the performance quoted above. The CREF Money Market Account and the TIAA-CREF Money Market Fund are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other

government agency. Although the Money Market Fund seeks to preserve the value of your investment at $1 per share, it is possible to lose money by investing in the Fund. You should consider the investment objectives, risks, charges and expenses carefully

before investing. Please contact TIAA-CREF or VALIC directly to obtain a prospectus that contains this and other information. Please read the prospectus carefully before investing. Morningstar is an independent service that rates mutual funds and variable

annuities, based on risk-adjusted returns. Although Morningstar data are gathered from reliable sources, neither Morningstar, TIAA-CREF or VALIC can guarantee its completeness and accuracy. Morningstar does not rate money market or fixed accounts, and

some funds are too new to be rated.

THE INVESTMENT FUND SCORECARD 1. The Scorecard displays the performance of the investment funds available in The University of Alabama's 403b and 457b Plans. 2. The Scorecard allows participants to compare the performance of these funds over various periods of time. 3. The Scorecard above is sorted alphabetically by Morningstar Fund Category. 4. Please be sure to read the "Definitions" tab of the spreadsheet for important information and explanations of the data. 5. The Scorecard will be updated quarterly. The effective date of the Scorecard is listed at the top. 6. Find the Scorecard on the HR website at:

Or Click: UA-> Faculty&Staff-> Benefits-> Retirement-> Investment Fund Scorecard 7. If you have any questions about the Scorecard, contact the HR Service Center: 348-7732

2

Morningstar Rating for Funds

This is a proprietary Morningstar data point.

Morningstar rates mutual funds from 1 to 5 stars based on how well they've performed (after adjusting for risk and accounting for sales charges) in comparison to similar funds.

Within each Morningstar Category, the top 10% of funds receive 5 stars and the bottom 10% receive 1 star. Funds are rated for up to three time periods-three-, five-, and 10-years and these ratings are combined to produce an overall rating. Funds with less than three years of history are not rated.

Ratings are objective, based entirely on a mathematical evaluation of past performance. They're a useful tool for identifying funds worthy of further research, but shouldn't be considered buy or sell signals.

3, 5 and 10 Year Annualized Rate of Returns

Annualized Return shows how much your investments grew or declined -- on average -- each year of a multi-year period. For example, if a $100 investment returned 10% the first year and 10% the second year, its annualized return would be the average of the gains for both years -- 10% -- even though the total return over the entire time period would be 21%, as illustrated below:

Starting value of the investment: $100 Return after the first year: 10% ($110) Return after the second year: 10% ($121) Ending value of the investment: $121 Annualized Rate of Return: 10% Compounded Cumulative Return on the investment: 21%

% Rank in Category This is the fund's total-return percentile rank for the specified time period relative to all funds that have the same Morningstar category. The highest (or most favorable) percentile rank is 1 and the lowest (or least favorable) percentile rank is 100. The top-performing fund in a category will always receive a rank of 1. Percentile ranks within categories are most useful in those categories that have a large number of funds.

Morningstar Category

This is a proprietary Morningstar data point.

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio.

Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years.

If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

Stock Funds Domestic-Stock Funds Funds with at least 70% of assets in domestic stocks are categorized based on the style and size of the stocks they typically own. The style and size divisions reflect those used in the Morningstar investment style box: value, blend, or growth style and small, medium, or large median market capitalization. (See Morningstar Style Box for more details on style methodology.)

Based on their investment style over the past three years, domestic-stock funds are placed in one of the nine categories: large growth, large blend, large value, medium growth, medium blend, medium value, small growth, small blend, small value. Domestic-equity funds that specialize in a particular sector of the market are placed in a specialty category: communications, financials, health care, natural resources, real estate, technology, utilities, and miscellaneous.

Also see "Moderate Allocation" in the "Balanced Funds" section below.

International-Stock Funds Stock funds that have invested 40% or more of their equity holdings in foreign stocks (on average over the past three years) are placed in an international-stock category.

Foreign Large Blend: These funds seek capital appreciation by investing in a variety of large international stocks. Large-cap foreign stocks have market capitalizations greater than $5 billion. The blend style is assigned to funds where neither growth nor value characteristics predominate. These funds typically will have less than 20% of assets invested in U.S. stocks.

World Stock: an international fund having more than 20% of stocks invested in the United States.

Diversified Emerging Markets: at least 50% of stocks invested in emerging markets.

Also see "World Allocation" in the "Balanced Funds" section below.

Bond Funds Funds with 80% or more of their assets invested in bonds are classified as bond funds. Bond funds are divided into two main groups: taxable bond and municipal bond. (Note: For all bond funds, maturity figures are used only when duration figures are unavailable.)

Taxable-Bond Funds Intermediate-Term Government: A fund with at least 90% of its bond portfolio invested in government issues with a duration of greater than or equal to 3.5 years and less than six years or an average effective maturity of greater than or equal to four years and less than 10 years.

Intermediate-Term Bond: A fund that focuses on corporate, government, foreign or other issues with an average duration of greater than or equal to 3.5 years but less than or equal to six years, or an average effective maturity of more than four years but less than 10 years.

Short-Term Bond: A fund that focuses on corporate and other investment-grade issues with an average duration of more than one year but less than 3.5 years, or an average effective maturity of more than one year but less than four years.

High-Yield Bond: A fund with at least 65% of assets in bonds rated below BBB.

World Bond: A fund that invests at least 40% of bonds in foreign markets.

Multisector Bond: Used for funds that seek income by diversifying their assets among several fixed-income sectors, usually U.S. government obligations, foreign bonds, and high-yield domestic debt securities.

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.

Balanced Funds Funds in these categories offer investors a mix of stocks and bonds to provide capital appreciation, income, diversification, or specific allocations based on planned retirement dates. This group also includes funds that invest in convertibles, which act a bit like stocks and a bit like bonds. Moderate Allocation: Moderate-allocation portfolios seek to provide both capital appreciation and income by investing in three major areas: stocks, bonds, and cash. These portfolios tend to hold larger positions in stocks than conservative-allocation portfolios. These portfolios typically have 50% to 70% of assets in equities and the remainder in fixed income and cash.

World Allocation: World-allocation portfolios seek to provide both capital appreciation and income by investing in three major areas: stocks, bonds, and cash. While these portfolios do explore the whole world, most of them focus on the U.S., Canada, Japan, and the larger markets in Europe. It is rare for such portfolios to invest more than 10% of their assets in emerging markets. These portfolios typically have at least 10% of assets in bonds, less than 70% of assets in stocks, and at least 40% of assets in non-U.S. stocks or bonds.

Target-Date Portfolios: Target-date portfolios provide a diversified exposure to stocks, bonds, and cash for those investors who have a specific date in for retirement or another goal. These portfolios aim to provide investors with an optimal level of return and risk, based solely on the target date. Over time, management adjusts the allocation among asset classes to more conservative mixes as the target date approaches. Morningstar divides target-date funds into the following categories:

Target-Date 2000-2010 Target-Date 2011-2015 Target-Date 2016-2020 Target-Date 2021-2025 Target-Date 2026-2030 Target-Date 2031-2035 Target-Date 2036-2040 Target-Date 2041-2045 Target-Date 2050+ Retirement Income

Alternative Alternative funds may take short positions or invest in currencies, derivatives, or other instruments. Funds in this group may attempt to move in the opposite direction of the market or may have performance that is not correlated with the broader markets.

Long-Short: Long-short portfolios hold sizable stakes in both long and short positions. Some funds that fall into this category are market neutral--dividing their exposure equally between long and short positions in an attempt to earn a modest return that is not tied to the market's fortunes. Other portfolios that are not market neutral will shift their exposure to long and short positions depending upon their macro outlook or the opportunities they uncover through bottom-up research.

Specialty-Precious Metals: Specialty-precious metals portfolios focus on mining stocks, though some do own small amounts of gold bullion. Most portfolios concentrate on gold-mining stocks, but some have significant exposure to silver-, platinum-, and base-metal-mining stocks as well. Precious-metals companies are typically based in North America, Australia, or South Africa.

Expense Ratio

The expense ratio is the annual fee that all funds charge their shareholders. It expresses the percentage of assets deducted each fiscal year for fund expenses, including 12b-1 fees, management fees, administrative fees, operating costs, and all other asset-based costs incurred by the fund.

Portfolio transaction fees, or brokerage costs, as well as initial or deferred sales charges are not included in the expense ratio. The expense ratio, which is deducted from the fund's average net assets, is accrued on a daily basis.

If the fund's assets are small, its expense ratio can be quite high because the fund must meet its expenses from a restricted asset base. Conversely, as the net assets of the fund grow, the expense percentage should ideally diminish as expenses are spread across the wider base. Funds may also opt to waive all or a portion of the expenses that make up their overall expense ratio.

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