(PUB) Investing 2016

12

Stocks Tick Higher in April Market Overview | Andrew Daniels

Benchmark Performance

Total Return % Through

A N N U A L I Z E D

04-30-16

1Mo YTD 3Yr

5Yr

10Yr

Large Growth Large Blend Large Value

-0.2 -2.7 10.6 9.2 6.6 0.5 0.8 9.3 9.1 5.9 1.5 2.8 8.1 8.5 5.2 0.6 -1.3 8.4 7.0 6.0 0.8 2.1 7.9 7.4 5.9 1.6 4.1 8.2 7.9 6.1 1.4 -3.0 7.3 6.0 5.5 1.2 1.8 7.0 6.5 5.2

Mid-Cap Growth Mid-Cap Blend Mid-Cap Value

U.S. stocks climbed slightly in April. The S&P 500 rose 0.4%, and the Russell 2000 Index is now flat for 2016 after rising 1.6%. U.S. economic data continued to quell fears that a recession is on the horizon, and oil prices continued to climb. Overseas markets also gained in April. European stocks rose 2.9% but are still slightly negative for the year. Norwegian and Spanish markets climbed 8% and 5%, respectively. Dodge & Cox International DODFX, which has a Morningstar Analyst Rating of Gold, rose 3.6%, while Bronze-rated Vanguard International Value VTRIX rose 2.5%. Emerging-markets stocks rose 0.5%, led by Peru (13%), Brazil (10%), and Russia (8%). Polish and Taiwanese stocks didn’t fare well, however, posting losses of 8% and 5%, respectively. Brent crude prices ended April at $48.14, up approxi- mately 21% from the end of March and 73% from its January low. That helped the energy sector gain 9%. Top performers ConocoPhillips COP, Anadarko Petroleum APC, and EOG Resources EOG all rose more than 13%. The materials sector also benefited from rising commodity prices, climbing 5%, led by mining firms Freeport-McMoRan FCX and Newmont Mining NEM, which both rose more than 30%. Silver-rated PIMCO Commodity Real Return PCRDX rose 8.6%. The financials sector posted strong returns in April after a rough start to 2016, as several banking firms such as Citigroup C and Bank of America BAC rose more than 7%. Technology was the worst-performing sector, posting a loss of 5%. Several large technology stocks reported disappointing first-quarter earnings, and Apple AAPL, Microsoft MSFT, and Alphabet GOOGL all fell more than 7% in April. All firms said that currency headwinds continued to heavily weigh on results. Bronze-rated AllianzGI Technology DRGTX fell 3.0%. K Contact Andrew Daniels at andrew.daniels@morningstar.com

Small Growth Small Blend Small Value

1.8 4.1 6.9 6.6 5.2 Allocation—70% to 85% Equity 1.0 1.6 5.2 5.3 4.3 Allocation—30% to 50% Equity 1.2 2.9 2.8 4.1 4.3 Allocation—50% to 70% Equity 1.1 2.0 5.0 5.5 4.9 Communications -0.6 4.9 6.4 6.3 3.8 Financial 3.5 -1.8 6.8 7.1 1.3 Global Real Estate 0.1 4.0 2.0 5.5 3.0 Health 3.4 -10.5 15.0 15.4 10.8 Natural Resources 9.3 15.3 -4.7 -6.0 -0.5 Equity Precious Metals 27.1 78.9 -2.5 -14.7 -1.8 Real Estate -2.2 2.3 6.5 9.1 5.8 Technology -2.3 -4.5 13.0 7.7 7.0 Utilities -0.1 11.5 6.0 8.5 7.1 S&P 500 0.4 1.8 11.2 10.9 6.9 S&P MidCap 400 1.2 5.1 9.7 9.2 7.8 Russell 2000 1.7 0.2 7.6 7.0 5.4

Diversified Pacific/Asia Diversified Emerging Mkts

0.2 -0.5 0.6 2.5 2.3 1.1 5.0 -4.5 -4.3 1.9 1.6 -1.0 3.2 2.2 2.6 1.6 -0.4 0.9 0.8 1.3 1.0 -1.0 2.2 1.9 2.4 2.4 0.7 0.5 0.3 0.4 0.4 -1.3 4.6 4.3 3.9 1.6 1.2 6.3 6.0 4.1 0.4 6.8 -5.3 -5.3 1.7 2.2 -0.5 1.0 1.4 1.3 2.4 -0.1 2.1 1.0 1.8 5.7 25.3 -15.3 -13.1 -1.4 3.7 -0.2 0.3 3.1 1.3 2.9 5.1 1.5 4.1 5.8 0.5 4.1 -1.6 1.5 3.7 0.7 3.2 1.8 3.4 4.6 0.8 2.3 3.2 5.8 4.4 2.0 1.9 3.5 2.1 2.3 1.1 0.7 5.3 4.7 3.9

Europe Stock

Foreign Large Blend Foreign Large Growth Foreign Large Value

Foreign Small/Mid Growth Foreign Small/Mid Value

World Stock

MSCI World

MSCI Emerging Markets

MSCI EAFE MSCI Europe

MSCI Latin America

MSCI Pacific

High Yield Bond

Inflation-Protected Bond Intermediate-Term Bond

Muni National Long

World Bond 1.3 5.6 0.0 1.6 4.3 BarCap US Agg Bond TR USD 0.3 3.3 2.2 3.5 4.8 BofAML US HY Master II TR 4.0 7.4 2.5 5.2 7.2 BarCap Municipal TR USD 0.7 2.4 3.5 5.4 4.9