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Investment Type: pif

Core Fixed Income R1 Fund (PIOMX)

Portfolio Composition

  as of 02/29/2024
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Asset Type Net Short Long U.S. Bonds 95.07% 0.0%   95.07%   Non-U.S. Bonds 2.62% 0.0%   2.62%   Cash 2.08% 0.35%   2.43%   U.S. Stocks 0.23% 0.0%   0.23%   Total 100%

Top 10 Holdings   as of 02/29/2024    What's this? % of Net Assets Principal Government Money Market R-6 2.02 Fifth Third Bancorp 2.375% 0.55 Biogen Inc 2.25% 0.53 Cards Ii Trust 0.53 American Tower Corporation 2.75% 0.48 Truist Bank (North Carolina) 2.636% 0.48 American Honda Finance Corporation 5.8% 0.47 The Bank of New York Mellon Corp. 2.1% 0.47 Interstate Power & Light Company 3.5% 0.46 Ryder System, Inc. 2.9% 0.46 Total*: 6.46 *Values may exceed 100% if both long and short positions are included in the portfolio View Full Portfolio Holdings	Morningstar Style Box™   as of 02/29/2024    What's this?
Credit Analysis   as of 02/29/2024    What's this? % Bonds AAA 51.39 AA 1.60 A 19.59 BBB 26.46 BB 0.65 B 0.17 Below B 0.14	Statistics   as of 02/29/2024 Average Eff Duration (yrs): 6.08 Average Eff Maturity (yrs): 8.73 Avg Weighted Coupon: Avg Weighted Price: $89.87 30-Day SEC Yield - Subsidized (Net) as of 03/31/2024: 3.55% 30-Day SEC Yield - Non-Subsidized (Gross) as of 03/31/2024: 3.55%
Analysis   as of 02/29/2024 Turnover Ratio: 9.90% # Stock Holdings: 1 # Bond Holdings: 487 # Other Holdings: 3 Total # of Holdings: 491

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Fees and expenses are only one of several factors that participants and beneficiaries should consider when making investment decisions.  The cumulative effect of fees and expenses can substantially reduce the growth of a participant's or beneficiary's retirement account.  Participants and beneficiaries can visit the Employee Benefit Security Administration's website for an example demonstrating the long-term effect of fees and expenses.

The Bloomberg US Aggregate Bond Index measures the performance of investment grade, U.S. dollar-denominated, fixed-rate taxable bond market, including Treasuries, government-related and corporate securities, MBS (agency fixed-rate and hybrid ARM passthroughs), ABS, and CMBS. It rolls up into other Bloomberg flagship indices, such as the multi-currency Global Aggregate Index and the U.S. Universal Index, which includes high yield and emerging markets debt. These calculated returns reflect the historical performance of the oldest share class of the fund, adjusted to reflect a portion of the fees and expenses of this share class. For time periods prior to inception date of the fund, predecessor performance is reflected. Please see the fund's prospectus for more information on specific expenses, and the fund's most recent shareholder report for actual date of first sale. Expenses are deducted from income earned by the fund. As a result, dividends and investment results will differ for each share class. Fixed-income and asset allocation investment options that invest in mortgage securities are subject to increased risk due to real estate exposure. Fixed-income investment options are subject to interest rate risk, and their value will decline as interest rates rise. Neither the principal of bond investment options nor their yields are guaranteed by the U.S. government.