Target Fixed Income Fund

Portfolio Objectives

The Fixed Income Fund is the most conservative of the target portfolios and seeks to preserve principal with less volatility than an all-bond portfolio while providing modest current income by investing approximately 50% of its net assets in money market investment funds and 50% in fixed income investment funds.

Real AssetsInternational Equity
U.S. EquityFixed Income
Money Market

Asset Allocation

Fund	Percent
Money Market
State Street U.S. Government Money Market Fund	50%
Fixed Income
PIMCO Short-Term Fund	20%
Northern Funds Bond Index Fund	8%
MainStay MacKay Total Return Bond Fund	7%
American Century Short Duration Inflation Protection Bond Fund	15%

Portfolio Performance¹

at NAV

w/ sales charge

As of June 30, 2019

			Average Annual Total Returns at NAV (%)¹
Fee Structure	YTD	3 Mo	1 Yr	3 Yrs	5 Yrs	Lifetime	Exp. Ratio²	Inception Date
A	2.17	1.03	2.55	1.16	0.70	0.91	0.93	8/2/10

Fee Structure B Performance

Fund Performance³

As of 12/31/2018

					Average Annual Total Returns (%)³
Money Market Fund	Expense Ratio	Ticker	QTR	YTD	1 Yr	3 Yrs	5 Yrs	10 Yrs or Life of Fund^†	Inception Date
State Street U.S. Government Money Market Fund* Fact Sheet, Prospectus, Annual Report	0.12	GVMXX	0.54	1.76	1.76	0.93	0.56	0.32	10/25/07
					Average Annual Total Returns (%)³
Fixed Income Funds	Expense Ratio	Ticker	QTR	YTD	1 Yr	3 Yrs	5 Yrs	10 Yrs or Life of Fund^†	Inception Date
PIMCO Short-Term Fund Fact Sheet, Prospectus, Annual Report	0.57	PTSHX	n/a	n/a	1.51	2.17	1.77	2.46	10/7/87
Northern Funds Bond Index Fund Fact Sheet, Prospectus, Annual Report	0.81	NOBOX	1.63	-0.16	-0.16	1.87	2.39	3.18	2/27/07
MainStay MacKay Total Return Bond Fund Fact Sheet, Prospectus, Annual Report	0.60	MTMIX	0.68	-1.23	-1.23	2.70	2.26	4.11	1/2/91
American Century Short-Duration Inflation-Protection Bond Fund Fact Sheet, Prospectus, Annual Report	0.47	APISX	-0.06	0.07	0.07	1.34	0.35	2.78	5/31/05