Asset Allocation and Market Performance

Below are assets in the MBEF Endowment Fund as of December 31, 2016. Download the report here: MBEF Endowment Assets.

Portfolio Asset Allocation as of 12/31/16

MBEFE Endowment Performance 2016

CurrentTargetDiffRanges:
MinimumMaximum
Equity:61.0%60.0%1.0%0%100%
Domestic35.9%35.0%0.9%
International25.1%25.0%0.1%
Fixed Income:19.8%20.0%-0.2%0%100%
Cash0.0%0.0%0.0%
Investment Grade14.9%15.0%-0.1%
High Yield4.9%5.0%-0.1%
Alternatives:19.3%20.0%-0.7%0%30%
Real Estate6.9%6.7%0.2%
Commodities6.3%6.7%-0.4%
Market Neutral6.1%6.7%-0.6%

2014 YTD Performance as of 12/31/14

Portfolio Total Return (before Distribution)6.43%
Vanguard Prime Money Market Fund0.01%
Vanguard Total Bond Market Index Fund5.89%
Vanguard High Yield Corporate Fund4.69%
Vanguard Total Stock Market Index Fund12.56%
Vanguard Total International Stock Index Fund-4.24%
Third Avenue Real Estate Value Fund13.12%
iPath Dow Jones UBS Commodity Index ETN-18.61%
Calamos Market Neutral Income Fund1.24%
Benchmark Indices:
Inflation (thru May)1.03%
3 Month T-bill0.03%
Barclays Aggregate Bond Index5.97%
Barclays U.S. Corporate High Yield2.45%
S&P 50013.68%
MSCI EAFE-4.20%
S&P/Citigroup World REIT23.31%
DJ-UBS Commodity-17.04%
HFRI Funds of Funds (thru May)3.19%
Beginning Market Value (December 31, 2013)$11,603,427
Contributions$918,497
Distribution($116,034)
Net Invested Funds$12,405,890
Investment Gains/(Losses)$759,929
Ending Market Value (December 31, 2013)$13,165,819

Inception-to-Date Annualized Performance

Portfolio Total Return (4/29/05 – 12/31/14)7.44%
 Portfolio Total Return (12/31/13 – 12/31/14)6.43%
 Portfolio Total Return (12/31/12 – 12/31/13)16.64%
 Portfolio Total Return (12/31/11 – 12/31/12)12.80%
 Portfolio Total Return (12/31/10 – 12/31/11)-2.03%
 Portfolio Total Return (12/31/09 – 12/31/10)12.93%
 Portfolio Total Return (12/31/08 – 12/31/09)23.06%
 Portfolio Total Return (12/31/07 – 12/31/08)-24.20%
 Portfolio Total Return (12/31/06 – 12/31/07)9.83%
 Portfolio Total Return (12/31/05 – 12/31/06)15.79%
 Portfolio Total Return (4/29/05 – 12/31/05)8.36%
Beginning Market Value (April 29, 2005)$250,000
Contributions/Distribution$8,866,999
Net Invested Funds$9,116,999
Investment Gains/(Losses)$4,048,820
Ending Market Value (December 31, 2013)$13,165,819