Fund Facts  

Inception Date: Apr 1, 1983
Ticker Symbol: VPGRX
Registration Date: Mar 1, 1999
Morningstar Category:Large Growth
As of Aug 31, 2016
Fund Net Assets ($millions) $2,228

Documents for Fund or Underlying Fund(s)  

Description

Objective  

To offer long-term capital growth.

Principal Investment Strategies  

The Fund invests, under normal circumstances, primarily in U.S. common stocks that are considered by the Fund’s subadvisers to have above-average potential for growth. The subadvisers emphasize stocks of well established medium- and large-capitalization firms.

The Fund also may invest in:

• foreign equity securities;
• small-capitalization equity securities;
• U.S. preferred stock; and
• U.S. convertible securities.

The term “equity securities” refers to both common and preferred stock.

Preferred stocks tend to have lower credit ratings than bonds issued by the same entity. In addition, convertible bonds frequently have credit ratings that are below investment grade or are unrated.

Principal Investment Risks  

There is no guarantee that the Fund will achieve its investment objective. You may lose money by investing in the Fund. The Fund’s principal investment risks include Stock Market Risk, Preferred Stock Risk, Foreign Securities Risk, Foreign Currency Risk, Style Risk, Small-Cap Securities Risk, Mid-Cap Securities Risk, Convertible Securities Risk, Multi-Manager Risk.
Please see the Risk Glossary for additional information about the Fund’s risks.

 

Performance & Expenses

Standard Performance As of Jun 30, 2016
Fund/Benchmark Name QtrYTD1-Yr3-Yr5-Yr10-YrSince Inception
Vantagepoint Growth   -0.79%-4.30%-3.62%9.94%9.31%5.32%N/A
Russell 1000 Growth Indexa,b4.58%6.00%13.76%11.83%16.60%8.85%N/A
Morningstar Large Growthb,c5.59%3.45%10.46%9.23%14.98%7.52%N/A

Fund past performance, as shown, is no guarantee of how the Fund will perform in the future. The performance shown has been annualized for periods greater than one year. Investment returns and principal value will fluctuate, so that an investor's shares, when redeemed, may be worth more or less than their original cost. For current performance, visit www.icmarc.org.

Fund performance is shown comparing it to a "benchmark" which may be a (i) broad-based securities market index (ii) a group of mutual funds with similar investment objectives, or (iii) a short term government backed debt obligation such as a U.S. Treasury Bill. An index is not available for direct investment, is unmanaged, and does not reflect the costs of portfolio management or trading. A fund's portfolio may differ from the securities held in an index.

Annual Fund Operating Expenses
Total Expenses   0.81%

 

a. The Russell 1000® Growth Index measures the performance of the large-cap growth segment of the U.S. equity universe. It includes those Russell 1000® Index companies with higher price-to-book ratios and higher forecasted growth values.

b. Certain information including, but not limited to, benchmark performance or other performance and/or fee information, is provided by Morningstar, Inc., © 2016 All rights reserved. This information: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar and/or its content providers are responsible for any damages or losses arising from any use of information. Morningstar is a registered trademark of Morningstar, Inc.

c. The Fund’s Morningstar Category Average is a group of funds with similar investment objectives and strategies and is the equal-weighted return of all funds per category. Morningstar places funds in certain categories based on a fund’s historical portfolio holdings.

Distributions

Dividends and Capital Gains  
Record Date Ex/Payable Date Income/Capital Gains Paid Per Share
Jul 29, 2016Jul 29, 2016$0.108480000
Dec 18, 2015Dec 18, 2015$2.245502000
Dec 19, 2014Dec 19, 2014$0.419396000
Dec 31, 2013Dec 31, 2013$0.003764000
Dec 20, 2013Dec 20, 2013$0.038018000
Dec 31, 2012Dec 31, 2012$0.002354000
Dec 14, 2012Dec 14, 2012$0.053333000
Dec 16, 2011Dec 16, 2011$0.044301000
 

Morningstar Information

Morningstar RatingTM   As of Aug 31, 2016
Period Stars Category Size
Overall 3 Stars1482
3-Year 3 Stars1482
5-Year 3 Stars1285
10-Year 2 Stars924

For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, fee waivers, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics. For funds with loads, the Morningstar rating on a load-waived basis is provided, when available. Load-waived ratings do not include any front- or back-end sales loads and are intended for investors that have access to such purchase terms. Funds with loads are waived for plans administered by ICMA-RC. Past performance is no guarantee of future results.

Morningstar Stylebox As of Aug 31, 2016
Equity Stylebox
Large Growth
Allocation of Assets As of Aug 31, 2016
Type of Asset Percent
Equity97%
Fixed Income0%
Cash/Other3%

Due to rounding, percentages shown may not add up to 100%.

 
 

Characteristics

Allocation of Assets As of Aug 31, 2016
Asset ClassPercent
Domestic Stock95.3%
Foreign Stock2.0%
Domestic Bond0.0%
Foreign Bond0.0%
Preferred0.0%
Convertible0.0%
Cash2.7%
Other0.0%

Due to rounding, percentages shown may not add up to 100%.

 
Equity Sector As of Aug 31, 2016
SectorPercent
Technology27.5%
Healthcare19.3%
Consumer Cyclical16.2%
Industrials10.7%
Financial Services8.3%
Consumer Defensive7.6%
Basic Materials3.4%
Communication Services2.6%
Energy1.0%
Real Estate0.5%

Exposure reflects equity securities only and will sum to the equity exposure of the fund.

 
Top Ten Holdings As of Oct 31, 2016
Holding NamePercent
AMAZON.COM INC4.9%
FACEBOOK INC4.6%
MICROSOFT CORP4.4%
APPLE INC4.4%
FIDELITY INSTITUTIONAL MONEY MARKET4.0%
ALPHABET INC3.4%
VISA INC3.3%
ALPHABET INC2.5%
MASTERCARD INC2.0%
BROADCOM LTD1.7%
All Holdings As of Oct 31, 2016
Equity
Holding NameMarket Value
AMAZON.COM INC$104,483,708
FACEBOOK INC$97,778,664
MICROSOFT CORP$94,268,601
APPLE INC$94,223,780
ALPHABET INC$73,615,742
VISA INC$70,428,556
ALPHABET INC$54,456,866
MASTERCARD INC$42,175,405
BROADCOM LTD$35,731,044
THERMO FISHER SCIENTIFIC INC$33,624,291
UNITEDHEALTH GROUP INC$33,220,323
CELGENE CORP$31,721,066
SALESFORCE.COM INC$31,017,179
NEWELL RUBBERMAID INC$30,472,628
PRICELINE GROUP INC/THE$26,458,006
DANAHER CORP$25,265,136
CONSTELLATION BRANDS INC$25,063,822
TJX COS INC/THE$24,912,234
HOME DEPOT INC/THE$24,534,503
SERVICENOW INC$23,414,916
HONEYWELL INTERNATIONAL INC$19,795,704
BRISTOL-MYERS SQUIBB CO$19,777,771
NXP SEMICONDUCTORS NV$19,652,700
CHARTER COMMUNICATIONS INC$19,161,315
PROCTER & GAMBLE CO/THE$19,121,606
ACTIVISION BLIZZARD INC$18,721,922
ABBOTT LABORATORIES$18,676,670
ULTA SALON COSMETICS & FRAGRANCE INC$18,355,866
INTUITIVE SURGICAL INC$18,045,348
ALLERGAN PLC$17,969,258
FLEETCOR TECHNOLOGIES INC$17,416,932
MASCO CORP$16,719,667
EDWARDS LIFESCIENCES CORP$16,403,930
BIOGEN INC$14,657,897
UNITED CONTINENTAL HOLDINGS INC$14,486,760
ELI LILLY & CO$14,423,315
STERIS PLC$14,256,515
LOCKHEED MARTIN CORP$13,938,209
UNION PACIFIC CORP$13,935,879
DOW CHEMICAL CO/THE$13,542,524
PAYPAL HOLDINGS INC$13,394,940
PALO ALTO NETWORKS INC$13,301,219
COMCAST CORP$13,187,010
CELANESE CORP$13,182,623
APPLIED MATERIALS INC$13,065,499
GILEAD SCIENCES INC$12,835,918
TWENTY-FIRST CENTURY FOX INC$11,941,291
JAZZ PHARMACEUTICALS PLC$11,919,969
ROYAL CARIBBEAN CRUISES LTD$11,747,043
DEXCOM INC$11,679,824
MARRIOTT INTERNATIONAL INC/MD$11,544,348
NETFLIX INC$11,398,633
MORGAN STANLEY$11,161,891
BOSTON SCIENTIFIC CORP$10,989,990
LAM RESEARCH CORP$10,892,585
ALIBABA GROUP HOLDING LTD$10,840,459
PIONEER NATURAL RESOURCES CO$10,600,669
CME GROUP INC$10,448,238
PEPSICO INC$10,436,885
SYNCHRONY FINANCIAL$10,382,173
S&P GLOBAL INC$10,321,426
FEDEX CORP$10,272,678
GENERAL ELECTRIC CO$10,127,644
ELECTRONIC ARTS INC$10,059,982
CHUBB LTD$10,026,015
DELTA AIR LINES INC$9,879,983
MCDONALD'S CORP$9,769,950
COOPER COS INC/THE$9,753,672
MOLSON COORS BREWING CO$9,749,316
UNITED PARCEL SERVICE INC$9,602,494
HALLIBURTON CO$9,508,108
NIELSEN HOLDINGS PLC$9,449,383
INTEL CORP$9,187,896
FIDELITY NATIONAL INFORMATION SERVICES INC$8,844,158
KRAFT HEINZ CO/THE$8,788,260
PHILIP MORRIS INTERNATIONAL INC$8,687,412
AMERICAN TOWER CORP$8,250,176
MONDELEZ INTERNATIONAL INC$7,989,793
DOLLAR TREE INC$7,669,609
MICRON TECHNOLOGY INC$7,627,620
EQUIFAX INC$7,608,659
INTERCONTINENTAL EXCHANGE INC$7,259,972
TENCENT HOLDINGS LTD$7,208,636
CBS CORP$6,907,640
AMERICAN AIRLINES GROUP INC$6,715,240
WYNN RESORTS LTD$6,660,197
VERTEX PHARMACEUTICALS INC$6,652,239
PANERA BREAD CO$6,476,874
RALPH LAUREN CORP$5,941,917
ACCENTURE PLC$5,864,308
KELLOGG CO$5,772,238
YAHOO! INC$5,725,632
DIAMONDBACK ENERGY INC$5,473,566
EBAY INC$5,390,329
ALEXION PHARMACEUTICALS INC$5,285,250
AETNA INC$5,196,062
ADOBE SYSTEMS INC$5,114,681
WALGREENS BOOTS ALLIANCE INC$5,029,984
LOWE'S COS INC$4,992,085
HD SUPPLY HOLDINGS INC$4,854,267
DELPHI AUTOMOTIVE PLC$4,842,184
ALBEMARLE CORP$4,834,871
BOEING CO/THE$4,785,648
CVS HEALTH CORP$4,636,349
TD AMERITRADE HOLDING CORP$4,423,353
AIR PRODUCTS & CHEMICALS INC$4,383,781
STARBUCKS CORP$4,341,073
O'REILLY AUTOMOTIVE INC$4,257,484
JOHNSON CONTROLS INTERNATIONAL PLC$4,148,364
FISERV INC$4,146,008
STRYKER CORP$4,129,530
VANTIV INC$3,950,972
CTRIP.COM INTERNATIONAL LTD$3,853,721
ANADARKO PETROLEUM CORP$3,800,296
L-3 COMMUNICATIONS HOLDINGS INC$3,711,074
QUALCOMM INC$3,580,106
CROWN CASTLE INTERNATIONAL CORP$3,512,942
BIOMARIN PHARMACEUTICAL INC$3,501,734
BALL CORP$3,398,016
COSTCO WHOLESALE CORP$3,379,865
FORTIVE CORP$3,353,985
BECTON DICKINSON AND CO$3,293,890
PVH CORP$3,209,293
STATE STREET CORP$3,152,429
HUMANA INC$3,058,380
BLACKSTONE MORTGAGE TRUST INC$2,867,671
CENTENE CORP$2,794,106
ALASKA AIR GROUP INC$2,773,248
PINNACLE FOODS INC$2,756,112
ACUITY BRANDS INC$2,746,557
INCYTE CORP$2,740,599
ROSS STORES INC$2,689,220
SHIRE PLC$2,644,612
TIME WARNER INC$2,520,998
SHERWIN-WILLIAMS CO/THE$2,502,469
WR GRACE & CO$2,500,286
MEDTRONIC PLC$2,484,878
CANADIAN PACIFIC RAILWAY LTD$2,444,616
SOUTHWEST AIRLINES CO$2,433,678
SERVICEMASTER GLOBAL HOLDINGS INC$2,408,846
VERISK ANALYTICS INC$2,393,493
TESLA MOTORS INC$2,363,862
HILTON WORLDWIDE HOLDINGS INC$2,361,700
AMSURG CORP$2,316,627
LEVEL 3 COMMUNICATIONS INC$2,245,045
MGM RESORTS INTERNATIONAL$2,216,599
SABRE CORP$2,202,705
RED HAT INC$2,160,855
HANESBRANDS INC$2,087,997
BANK OF NEW YORK MELLON CORP/THE$2,025,036
AUTOZONE INC$1,929,616
NORWEGIAN CRUISE LINE HOLDINGS LTD$1,886,478
WESTERN DIGITAL CORP$1,773,829
LAS VEGAS SANDS CORP$1,736,400
MICROSEMI CORP$1,653,097
MARSH & MCLENNAN COS INC$1,546,716
GOLDMAN SACHS GROUP INC/THE$1,535,003
NORTHROP GRUMMAN CORP$1,511,400
COGNIZANT TECHNOLOGY SOLUTIONS CORP$1,477,134
ZOETIS INC$1,424,440
JPMORGAN CHASE & CO$1,399,052
MONSANTO CO$1,263,454
BAIDU INC$1,184,962
ROPER TECHNOLOGIES INC$1,178,508
WORKDAY INC$1,170,180
ACADIA PHARMACEUTICALS INC$1,144,777
ASML HOLDING NV$1,103,307
CIGNA CORP$974,406
WILLIS TOWERS WATSON PLC$956,840
NEXTERA ENERGY INC$947,200
DOLLAR GENERAL CORP$925,806
MERCK & CO INC$910,160
TRACTOR SUPPLY CO$908,135
CITIGROUP INC$855,210
CHARLES SCHWAB CORP/THE$843,220
RAYTHEON CO$819,660
AT&T INC$804,377
JB HUNT TRANSPORT SERVICES INC$799,778
3M CO$746,330
IHS MARKIT LTD$668,916
KANSAS CITY SOUTHERN$666,976
FERRARI NV$654,348
EQUINIX INC$643,104
TEXTRON INC$621,240
EOG RESOURCES INC$582,666
BLACKROCK INC$580,108
AMERIPRISE FINANCIAL INC$514,960
COMSCORE INC$510,159
INTUIT INC$500,204
COACH INC$491,693
ECOLAB INC$479,514
ADIENT PLC$468,234
YUM! BRANDS INC$431,400
PFIZER INC$418,572
AGILENT TECHNOLOGIES INC$409,558
WABTEC CORP/DE$402,012
MONSTER BEVERAGE CORP$375,284
NORTHERN TRUST CORP$362,100
PENTAIR PLC$362,039
WALT DISNEY CO/THE$333,684
ESTEE LAUDER COS INC/THE$261,390
EI DU PONT DE NEMOURS & CO$227,007
BANK OF AMERICA CORP$217,767
DENTSPLY SIRONA INC$195,738
HENRY SCHEIN INC$188,589
AON PLC$144,079
ROCKWELL COLLINS INC$143,344
MCKESSON CORP$139,887
NORFOLK SOUTHERN CORP$139,500
DOMINO'S PIZZA INC$135,392
CARDINAL HEALTH INC$103,035
CR BARD INC$80,388
REGENERON PHARMACEUTICALS INC$69,004
ASHLAND GLOBAL HOLDINGS INC$67,038
ANTHEM INC$60,930
L BRANDS INC$36,095
 
Short-Term/Cash
Holding NameMarket Value
FIDELITY INSTITUTIONAL MONEY MARKET$86,135,896
 
Other
Holding NameMarket Value
BLACKSTONE GROUP LP/THE$4,734,500
USD$4,385,733
All Holdings As of Sep 30, 2016
Equity
Holding NameMarket Value
AMAZON.COM INC$112,499,297
FACEBOOK INC$97,736,353
APPLE INC$88,696,091
MICROSOFT CORP$83,568,614
ALPHABET INC$73,899,292
VISA INC$71,432,290
ALPHABET INC$56,026,097
MASTERCARD INC$40,630,553
THERMO FISHER SCIENTIFIC INC$38,782,964
BROADCOM LTD$36,301,141
UNITEDHEALTH GROUP INC$34,363,140
CELGENE CORP$33,078,623
NEWELL RUBBERMAID INC$32,952,100
BRISTOL-MYERS SQUIBB CO$32,083,317
PRICELINE GROUP INC/THE$27,129,861
CONSTELLATION BRANDS INC$26,497,716
TJX COS INC/THE$25,426,172
HOME DEPOT INC/THE$25,275,197
SALESFORCE.COM INC$24,646,655
EDWARDS LIFESCIENCES CORP$23,711,017
DANAHER CORP$23,404,902
SERVICENOW INC$21,989,216
CHARTER COMMUNICATIONS INC$21,338,159
HONEYWELL INTERNATIONAL INC$21,042,863
ALLERGAN PLC$20,854,571
NXP SEMICONDUCTORS NV$19,540,016
INTUITIVE SURGICAL INC$19,534,169
ACTIVISION BLIZZARD INC$19,487,924
BIOGEN INC$18,958,662
MASCO CORP$18,704,097
ULTA SALON COSMETICS & FRAGRANCE INC$17,951,545
DOLLAR TREE INC$17,350,156
LOCKHEED MARTIN CORP$16,760,264
STERIS PLC$16,240,481
UNION PACIFIC CORP$15,881,688
FLEETCOR TECHNOLOGIES INC$15,765,650
ELI LILLY & CO$15,509,442
UNITED CONTINENTAL HOLDINGS INC$15,137,805
INTEL CORP$14,862,175
PALO ALTO NETWORKS INC$14,288,555
GILEAD SCIENCES INC$14,239,147
JAZZ PHARMACEUTICALS PLC$13,431,801
DOW CHEMICAL CO/THE$13,245,312
COMCAST CORP$13,178,176
BOSTON SCIENTIFIC CORP$13,099,258
APPLIED MATERIALS INC$12,900,130
PAYPAL HOLDINGS INC$12,866,219
ABBOTT LABORATORIES$12,689,960
PPG INDUSTRIES INC$12,549,248
DEXCOM INC$12,285,111
CELANESE CORP$12,218,552
STARBUCKS CORP$11,834,787
MARRIOTT INTERNATIONAL INC/MD$11,567,967
GENERAL ELECTRIC CO$11,454,113
ROYAL CARIBBEAN CRUISES LTD$11,449,887
NIELSEN HOLDINGS PLC$11,417,535
PROCTER & GAMBLE CO/THE$11,326,001
ALIBABA GROUP HOLDING LTD$11,319,847
TWENTY-FIRST CENTURY FOX INC$11,178,983
MORGAN STANLEY$11,128,090
CME GROUP INC$11,067,414
S&P GLOBAL INC$10,720,391
LAM RESEARCH CORP$10,650,802
PEPSICO INC$10,589,738
MOLSON COORS BREWING CO$10,367,865
SYNCHRONY FINANCIAL$10,324,440
CHUBB LTD$10,242,360
COOPER COS INC/THE$10,086,243
UNITED PARCEL SERVICE INC$9,894,893
ELECTRONIC ARTS INC$9,544,646
FEDEX CORP$9,507,832
DELTA AIR LINES INC$9,490,995
FIDELITY NATIONAL INFORMATION SERVICES INC$9,039,085
PIONEER NATURAL RESOURCES CO$8,927,909
KRAFT HEINZ CO/THE$8,843,588
HALLIBURTON CO$8,767,218
AMERICAN TOWER CORP$8,284,423
EQUIFAX INC$8,259,848
PHILIP MORRIS INTERNATIONAL INC$8,242,409
TENCENT HOLDINGS LTD$7,728,966
VERTEX PHARMACEUTICALS INC$7,605,497
MONDELEZ INTERNATIONAL INC$7,554,663
CBS CORP$7,499,161
INTERCONTINENTAL EXCHANGE INC$7,420,868
LOWE'S COS INC$7,273,280
YAHOO! INC$7,048,703
WYNN RESORTS LTD$6,862,362
ALEXION PHARMACEUTICALS INC$6,861,750
MICRON TECHNOLOGY INC$6,742,176
EQUINIX INC$6,639,408
PANERA BREAD CO$6,611,328
RALPH LAUREN CORP$6,220,110
ACCENTURE PLC$6,163,477
AMERICAN AIRLINES GROUP INC$6,117,531
DELPHI AUTOMOTIVE PLC$5,973,763
KELLOGG CO$5,952,020
AETNA INC$5,899,841
ADOBE SYSTEMS INC$5,784,314
NETFLIX INC$5,518,603
CVS HEALTH CORP$5,359,779
WALGREENS BOOTS ALLIANCE INC$5,232,238
UNDER ARMOUR INC$5,017,995
ALBEMARLE CORP$4,947,135
O'REILLY AUTOMOTIVE INC$4,845,903
TD AMERITRADE HOLDING CORP$4,817,308
JOHNSON CONTROLS INTERNATIONAL PLC$4,787,286
BOEING CO/THE$4,610,900
HD SUPPLY HOLDINGS INC$4,575,507
ASML HOLDING NV$4,459,577
AIR PRODUCTS & CHEMICALS INC$4,382,712
STRYKER CORP$4,225,683
FISERV INC$4,137,952
L-3 COMMUNICATIONS HOLDINGS INC$4,084,783
ANADARKO PETROLEUM CORP$4,050,922
BIOMARIN PHARMACEUTICAL INC$4,023,602
BECTON DICKINSON AND CO$3,918,114
CTRIP.COM INTERNATIONAL LTD$3,874,019
COSTCO WHOLESALE CORP$3,577,427
SHIRE PLC$3,544,149
BALL CORP$3,539,421
NORWEGIAN CRUISE LINE HOLDINGS LTD$3,502,933
FORTIVE CORP$3,456,110
PVH CORP$3,314,890
SIX FLAGS ENTERTAINMENT CORP$3,313,098
STATE STREET CORP$3,272,610
ACUITY BRANDS INC$3,250,611
CANADIAN PACIFIC RAILWAY LTD$3,206,700
HUMANA INC$3,189,327
CROWN CASTLE INTERNATIONAL CORP$3,041,099
MEDTRONIC PLC$2,968,704
CENTENE CORP$2,864,616
BLACKSTONE MORTGAGE TRUST INC$2,796,454
ROSS STORES INC$2,784,190
PINNACLE FOODS INC$2,689,112
HANESBRANDS INC$2,680,262
AMSURG CORP$2,599,663
HILTON WORLDWIDE HOLDINGS INC$2,597,969
SHERWIN-WILLIAMS CO/THE$2,511,519
TESLA MOTORS INC$2,459,582
SABRE CORP$2,403,106
MGM RESORTS INTERNATIONAL$2,389,554
VERISK ANALYTICS INC$2,385,568
AT&T INC$2,356,152
SERVICEMASTER GLOBAL HOLDINGS INC$2,266,832
ALASKA AIR GROUP INC$2,219,482
RED HAT INC$2,206,659
MCKESSON CORP$2,117,725
SOUTHWEST AIRLINES CO$2,100,021
AUTOZONE INC$1,997,684
HCA HOLDINGS INC$1,945,809
LAS VEGAS SANDS CORP$1,881,558
MARSH & MCLENNAN COS INC$1,795,575
WESTERN DIGITAL CORP$1,751,293
TIME WARNER INC$1,744,255
ZAYO GROUP HOLDINGS INC$1,710,642
ZOETIS INC$1,700,727
WR GRACE & CO$1,634,596
SIGNET JEWELERS LTD$1,564,087
ACADIA PHARMACEUTICALS INC$1,562,221
ROPER TECHNOLOGIES INC$1,405,019
JPMORGAN CHASE & CO$1,391,731
GOLDMAN SACHS GROUP INC/THE$1,388,857
QUALCOMM INC$1,383,289
INCYTE CORP$1,377,105
CIGNA CORP$1,355,328
BANK OF NEW YORK MELLON CORP/THE$1,351,932
MICROSEMI CORP$1,341,513
LEVEL 3 COMMUNICATIONS INC$1,301,237
TRACTOR SUPPLY CO$1,294,736
KANSAS CITY SOUTHERN$1,287,816
MONSANTO CO$1,281,384
WORKDAY INC$1,237,815
BAIDU INC$1,219,869
NORTHROP GRUMMAN CORP$1,198,120
AMERIPRISE FINANCIAL INC$1,197,240
EOG RESOURCES INC$1,173,382
BANK OF AMERICA CORP$1,080,930
TOTAL SA$1,078,163
DOLLAR GENERAL CORP$1,021,854
BLACKROCK INC$942,396
JB HUNT TRANSPORT SERVICES INC$916,882
WILLIS TOWERS WATSON PLC$889,559
STERICYCLE INC$847,080
RAYTHEON CO$816,780
3M CO$795,678
CHARLES SCHWAB CORP/THE$789,250
PENTAIR PLC$770,880
TEXTRON INC$711,525
CITIGROUP INC$708,450
IHS MARKIT LTD$682,734
FERRARI NV$643,188
WABTEC CORP/DE$620,540
MERCK & CO INC$617,859
NEXTERA ENERGY INC$611,600
WABCO HOLDINGS INC$582,522
YUM! BRANDS INC$581,184
ANTHEM INC$576,426
COMSCORE INC$543,295
ASHLAND GLOBAL HOLDINGS INC$521,775
ECOLAB INC$511,224
HENRY SCHEIN INC$505,238
COACH INC$500,872
MONSTER BEVERAGE CORP$499,154
PFIZER INC$447,084
AGILENT TECHNOLOGIES INC$442,646
INTUIT INC$374,034
NORTHERN TRUST CORP$339,950
WALT DISNEY CO/THE$334,296
CARDINAL HEALTH INC$318,570
ESTEE LAUDER COS INC/THE$265,680
ROCKWELL COLLINS INC$261,454
NORFOLK SOUTHERN CORP$223,238
EI DU PONT DE NEMOURS & CO$221,001
DENTSPLY SIRONA INC$202,062
NIKE INC$194,805
AON PLC$146,237
COGNIZANT TECHNOLOGY SOLUTIONS CORP$85,878
REGENERON PHARMACEUTICALS INC$80,404
CR BARD INC$44,856
L BRANDS INC$35,385
CARNIVAL CORP$29,292
 
Short-Term/Cash
Holding NameMarket Value
FIDELITY INSTITUTIONAL MONEY MARKET$58,332,162
 
Other
Holding NameMarket Value
BLACKSTONE GROUP LP/THE$3,910,507
USD$657
All Holdings As of Aug 31, 2016
Equity
Holding NameMarket Value
AMAZON.COM INC$100,103,097
FACEBOOK INC$97,691,291
MICROSOFT CORP$81,923,480
APPLE INC$77,847,586
ALPHABET INC$74,360,895
VISA INC$70,421,913
ALPHABET INC$56,118,053
BRISTOL-MYERS SQUIBB CO$45,170,923
MASTERCARD INC$39,365,033
THERMO FISHER SCIENTIFIC INC$37,349,709
BROADCOM LTD$35,931,814
UNITEDHEALTH GROUP INC$34,102,293
SALESFORCE.COM INC$33,825,852
NEWELL RUBBERMAID INC$33,339,813
CELGENE CORP$31,451,795
TJX COS INC/THE$26,764,890
PRICELINE GROUP INC/THE$26,686,943
CONSTELLATION BRANDS INC$26,511,300
HOME DEPOT INC/THE$24,882,613
DANAHER CORP$24,768,178
EDWARDS LIFESCIENCES CORP$23,044,552
ALLERGAN PLC$22,103,050
CHARTER COMMUNICATIONS INC$22,037,238
HONEYWELL INTERNATIONAL INC$21,740,739
GILEAD SCIENCES INC$21,327,512
STARBUCKS CORP$20,705,404
SERVICENOW INC$20,397,524
MASCO CORP$19,652,017
ULTA SALON COSMETICS & FRAGRANCE INC$18,969,165
BIOGEN INC$18,894,047
DOLLAR TREE INC$18,784,892
INTUITIVE SURGICAL INC$18,773,587
ACTIVISION BLIZZARD INC$17,753,646
LAM RESEARCH CORP$17,607,244
NXP SEMICONDUCTORS NV$16,986,364
STERIS PLC$15,948,518
UNION PACIFIC CORP$15,465,352
FLEETCOR TECHNOLOGIES INC$14,900,822
UNITED CONTINENTAL HOLDINGS INC$14,656,405
DOW CHEMICAL CO/THE$13,920,277
JAZZ PHARMACEUTICALS PLC$13,902,146
LOCKHEED MARTIN CORP$13,757,204
ELI LILLY & CO$13,732,438
PPG INDUSTRIES INC$13,014,028
DEXCOM INC$12,985,517
ABBOTT LABORATORIES$12,802,654
PALO ALTO NETWORKS INC$12,730,386
COMCAST CORP$12,487,827
MARRIOTT INTERNATIONAL INC/MD$12,411,420
GENERAL ELECTRIC CO$12,275,977
CELANESE CORP$12,009,237
ROYAL CARIBBEAN CRUISES LTD$11,917,040
CME GROUP INC$11,531,474
NIELSEN HOLDINGS PLC$11,529,952
TWENTY-FIRST CENTURY FOX INC$11,501,407
PEPSICO INC$11,420,115
PROCTER & GAMBLE CO/THE$11,201,436
TEVA PHARMACEUTICAL INDUSTRIES LTD$11,134,527
MORGAN STANLEY$10,743,947
COOPER COS INC/THE$10,615,288
MOLSON COORS BREWING CO$10,603,933
S&P GLOBAL INC$10,572,677
CHARLES SCHWAB CORP/THE$10,552,502
SYNCHRONY FINANCIAL$10,420,387
DELTA AIR LINES INC$10,108,198
BOSTON SCIENTIFIC CORP$10,068,357
UNITED PARCEL SERVICE INC$10,038,410
KROGER CO/THE$9,634,428
MONDELEZ INTERNATIONAL INC$9,539,198
FIDELITY NATIONAL INFORMATION SERVICES INC$9,388,309
KRAFT HEINZ CO/THE$8,984,796
ALIBABA GROUP HOLDING LTD$8,819,507
PIONEER NATURAL RESOURCES CO$8,762,349
VERTEX PHARMACEUTICALS INC$8,659,479
FEDEX CORP$8,656,681
ELECTRONIC ARTS INC$8,565,704
HALLIBURTON CO$8,539,851
AMERICAN TOWER CORP$8,480,824
EQUIFAX INC$8,227,263
LOWE'S COS INC$7,957,264
KELLOGG CO$7,639,775
PANERA BREAD CO$7,503,184
PHILIP MORRIS INTERNATIONAL INC$7,439,289
CBS CORP$7,432,520
YAHOO! INC$7,404,086
TENCENT HOLDINGS LTD$7,333,912
ALEXION PHARMACEUTICALS INC$7,333,862
DELPHI AUTOMOTIVE PLC$7,120,832
EQUINIX INC$6,890,069
RALPH LAUREN CORP$6,467,960
CVS HEALTH CORP$6,417,514
WYNN RESORTS LTD$6,398,974
MICRON TECHNOLOGY INC$6,253,008
STRYKER CORP$6,042,657
AMERICAN AIRLINES GROUP INC$6,040,320
AETNA INC$6,005,211
NUCOR CORP$5,995,836
INTERCONTINENTAL EXCHANGE INC$5,939,341
ACCENTURE PLC$5,893,750
COSTCO WHOLESALE CORP$5,850,639
NETFLIX INC$5,650,151
MCKESSON CORP$5,593,986
ADOBE SYSTEMS INC$5,555,433
HD SUPPLY HOLDINGS INC$5,264,116
UNDER ARMOUR INC$5,228,426
BOEING CO/THE$5,100,330
O'REILLY AUTOMOTIVE INC$5,011,105
WALGREENS BOOTS ALLIANCE INC$4,915,239
TD AMERITRADE HOLDING CORP$4,620,819
FISERV INC$4,297,185
AIR PRODUCTS & CHEMICALS INC$4,063,238
TESLA MOTORS INC$3,964,587
BECTON DICKINSON AND CO$3,951,783
BIOMARIN PHARMACEUTICAL INC$3,926,949
FORTIVE CORP$3,681,633
ASML HOLDING NV$3,657,862
ACUITY BRANDS INC$3,434,873
BLACKSTONE MORTGAGE TRUST INC$3,432,282
NORWEGIAN CRUISE LINE HOLDINGS LTD$3,385,324
AT&T INC$3,370,965
CANADIAN PACIFIC RAILWAY LTD$3,307,176
STATE STREET CORP$3,301,280
SHIRE PLC$3,272,281
HUMANA INC$3,239,119
BALL CORP$3,234,120
CROWN CASTLE INTERNATIONAL CORP$3,116,985
SHERWIN-WILLIAMS CO/THE$3,116,554
MEDTRONIC PLC$3,039,523
HANESBRANDS INC$2,994,641
SERVICEMASTER GLOBAL HOLDINGS INC$2,831,269
HILTON WORLDWIDE HOLDINGS INC$2,809,499
APPLIED MATERIALS INC$2,804,960
COACH INC$2,802,870
PVH CORP$2,746,802
L-3 COMMUNICATIONS HOLDINGS INC$2,738,288
ROSS STORES INC$2,694,992
ALBEMARLE CORP$2,631,013
ANADARKO PETROLEUM CORP$2,611,742
AMSURG CORP$2,564,665
HCA HOLDINGS INC$2,530,170
VERISK ANALYTICS INC$2,483,610
CENTENE CORP$2,470,391
SABRE CORP$2,445,954
TIME WARNER INC$2,352,300
SIX FLAGS ENTERTAINMENT CORP$2,282,436
STERICYCLE INC$2,260,844
MGM RESORTS INTERNATIONAL$2,193,102
DOLLAR GENERAL CORP$2,175,872
ALASKA AIR GROUP INC$2,113,689
TYCO INTERNATIONAL PLC$2,098,169
AUTOZONE INC$2,077,040
SOUTHWEST AIRLINES CO$2,029,138
RED HAT INC$1,992,354
LEVEL 3 COMMUNICATIONS INC$1,978,996
ZAYO GROUP HOLDINGS INC$1,972,390
SIGNET JEWELERS LTD$1,911,774
TRACTOR SUPPLY CO$1,888,875
PAYPAL HOLDINGS INC$1,850,070
MARSH & MCLENNAN COS INC$1,805,721
WESTERN DIGITAL CORP$1,697,621
CTRIP.COM INTERNATIONAL LTD$1,671,455
ACADIA PHARMACEUTICALS INC$1,607,785
ZOETIS INC$1,604,540
EOG RESOURCES INC$1,566,273
GOLDMAN SACHS GROUP INC/THE$1,487,012
ROPER TECHNOLOGIES INC$1,473,665
INCYTE CORP$1,465,072
BANK OF AMERICA CORP$1,458,168
BANK OF NEW YORK MELLON CORP/THE$1,412,613
CIGNA CORP$1,410,860
JPMORGAN CHASE & CO$1,410,750
KANSAS CITY SOUTHERN$1,402,440
VERIZON COMMUNICATIONS INC$1,376,279
MONSANTO CO$1,360,538
MICROSEMI CORP$1,301,098
BAIDU INC$1,300,132
AMERIPRISE FINANCIAL INC$1,212,960
NORTHROP GRUMMAN CORP$1,187,592
WABCO HOLDINGS INC$1,103,365
TOTAL SA$1,099,683
WORKDAY INC$1,085,312
LAS VEGAS SANDS CORP$1,049,389
JB HUNT TRANSPORT SERVICES INC$1,016,192
BLACKROCK INC$969,306
CARDINAL HEALTH INC$964,007
JOHNSON CONTROLS INC$921,480
WEATHERFORD INTERNATIONAL PLC$875,309
3M CO$824,504
RAYTHEON CO$770,715
PENTAIR PLC$768,600
ANTHEM INC$750,480
TEXTRON INC$731,215
CITIGROUP INC$716,100
NIKE INC$639,804
ASHLAND INC$608,816
WILLIS TOWERS WATSON PLC$607,649
WABTEC CORP/DE$582,236
YUM! BRANDS INC$580,544
COMSCORE INC$556,997
IHS MARKIT LTD$544,200
MERCK & CO INC$533,715
MONSTER BEVERAGE CORP$523,226
HENRY SCHEIN INC$507,749
CHUBB LTD$495,027
FERRARI NV$481,400
PFIZER INC$459,360
WALT DISNEY CO/THE$453,408
AGILENT TECHNOLOGIES INC$441,612
ECOLAB INC$418,370
NORTHERN TRUST CORP$352,950
INTUIT INC$312,060
ESTEE LAUDER COS INC/THE$267,690
ROCKWELL COLLINS INC$259,439
EI DU PONT DE NEMOURS & CO$229,680
DENTSPLY SIRONA INC$208,964
AON PLC$144,755
CARNIVAL CORP$129,060
COGNIZANT TECHNOLOGY SOLUTIONS CORP$103,392
NORFOLK SOUTHERN CORP$84,510
REGENERON PHARMACEUTICALS INC$78,510
L BRANDS INC$38,105
 
Short-Term/Cash
Holding NameMarket Value
FIDELITY INSTITUTIONAL MONEY MARKET$59,858,467
 
Other
Holding NameMarket Value
BLACKSTONE GROUP LP/THE$4,279,439
USD$977
All Holdings As of Jul 31, 2016
Equity
Holding NameMarket Value
AMAZON.COM INC$99,886,713
FACEBOOK INC$96,680,017
APPLE INC$80,901,245
MICROSOFT CORP$80,509,859
ALPHABET INC$75,582,820
VISA INC$68,848,373
BRISTOL-MYERS SQUIBB CO$63,354,868
ALPHABET INC$57,078,563
THERMO FISHER SCIENTIFIC INC$41,762,213
MASTERCARD INC$39,234,975
UNITEDHEALTH GROUP INC$35,742,004
SALESFORCE.COM INC$35,197,395
CELGENE CORP$33,814,964
BROADCOM LTD$33,011,038
NEWELL RUBBERMAID INC$31,718,890
TJX COS INC$31,378,927
CONSTELLATION BRANDS INC$27,314,586
HOME DEPOT INC/THE$26,979,610
DOLLAR TREE INC$25,431,633
DANAHER CORP$25,255,358
PRICELINE.COM INC$25,229,078
ALLERGAN PLC$24,405,881
EDWARDS LIFESCIENCES CORP$23,194,194
STARBUCKS CORP$22,806,800
HONEYWELL INTERNATIONAL INC$22,067,801
SERVICENOW INC$21,159,431
MASCO CORP$20,595,878
CHARTER COMMUNICATIONS INC$20,407,385
ULTA SALON COSMETICS & FRAGRANCE INC$20,252,395
GILEAD SCIENCES INC$20,049,804
LAM RESEARCH CORP$19,370,212
INTUITIVE SURGICAL INC$19,098,612
BIOGEN IDEC INC$19,084,642
ACTIVISION BLIZZARD INC$17,813,490
JAZZ PHARMACEUTICALS PLC$17,451,830
STERIS PLC$16,464,231
NXP SEMICONDUCTOR NV$15,571,618
LOCKHEED MARTIN CORP$15,113,507
ELI LILLY & CO$14,870,715
PALO ALTO NETWORKS INC$14,790,570
UNION PACIFIC CORP$14,763,313
DOW CHEMICAL CO/THE$14,342,395
ABBOTT LABORATORIES$14,041,655
UNITED CONTINENTAL HOLDINGS INC$13,916,671
FLEETCOR TECHNOLOGIES INC$13,825,329
ROYAL CARIBBEAN CRUISES LTD$13,427,913
PPG INDUSTRIES INC$13,414,712
DEXCOM INC$13,039,201
TWENTY-FIRST CENTURY FOX INC$12,856,997
MARRIOTT INTERNATIONAL INC/DE$12,784,827
COMCAST CORP$12,680,996
GENERAL ELECTRIC CO$12,567,543
TEVA PHARMACEUTICAL INDUSTRIES LTD$12,172,695
CELANESE CORP$12,172,327
NIELSEN HOLDINGS PLC$12,002,324
DELTA AIR LINES INC$11,988,979
PEPSICO INC$11,865,200
CME GROUP INC/IL$11,187,919
PROCTER & GAMBLE CO/THE$11,100,595
SYNCHRONY FINANCIAL$10,749,692
COOPER COS INC/THE$10,726,681
KROGER CO/THE$10,695,658
S&P GLOBAL INC$10,576,532
BOSTON SCIENTIFIC CORP$10,396,453
UNITED PARCEL SERVICE INC$10,230,584
FIDELITY NATIONAL INFORMATION SERVICES INC$9,364,260
MOLSON COORS BREWING CO$9,344,575
LOWE'S COS INC$9,101,814
MONDELEZ INTERNATIONAL INC$9,094,536
CHARLES SCHWAB CORP/THE$9,084,624
VERTEX PHARMACEUTICALS INC$9,073,865
TARGET CORP$8,935,720
MORGAN STANLEY$8,921,096
HALLIBURTON CO$8,901,401
AMERICAN TOWER CORP$8,752,212
FEDEX CORP$8,562,405
EQUIFAX INC$8,354,915
CBS CORP$8,276,087
KELLOGG CO$7,768,950
PANERA BREAD CO$7,665,892
PIONEER NATURAL RESOURCES CO$7,467,328
DELPHI AUTOMOTIVE PLC$7,188,920
KRAFT HEINZ CO/THE$7,161,731
ALEXION PHARMACEUTICALS INC$7,150,160
WYNN RESORTS LTD$7,095,596
EQUINIX INC$7,084,530
ELECTRONIC ARTS INC$6,976,411
PHILIP MORRIS INTERNATIONAL INC$6,868,813
TENCENT HOLDINGS LTD$6,835,335
YAHOO! INC$6,735,570
NUCOR CORP$6,699,636
MCKESSON CORP$6,556,672
ALIBABA GROUP HOLDING LTD$6,500,249
MCDONALD'S CORP$6,341,570
COSTCO WHOLESALE CORP$6,128,613
STRYKER CORP$6,112,840
AMERICAN AIRLINES GROUP INC$5,907,200
CVS CAREMARK CORP$5,865,467
ACCENTURE PLC$5,849,199
AETNA INC$5,777,090
BOEING CO/THE$5,560,256
INTERCONTINENTALEXCHANGE GROUP INC$5,431,952
ADOBE SYSTEMS INC$5,411,169
O'REILLY AUTOMOTIVE INC$5,405,718
HD SUPPLY HOLDINGS INC$5,372,586
UNDER ARMOUR INC$5,261,241
NORWEGIAN CRUISE LINE HOLDINGS LTD$5,223,399
FORD MOTOR CO$5,027,286
NETFLIX INC$5,015,100
FISERV INC$4,877,912
HCA HOLDINGS INC$4,759,307
TESLA MOTORS INC$4,678,191
WALGREENS BOOTS ALLIANCE INC$4,667,825
TD AMERITRADE HOLDING CORP$4,286,832
BECTON DICKINSON AND CO$4,100,800
BIOMARIN PHARMACEUTICAL INC$3,929,078
MICRON TECHNOLOGY INC$3,893,916
SHERWIN-WILLIAMS CO/THE$3,839,541
DOLLAR GENERAL CORP$3,754,073
AT&T INC$3,635,061
COACH INC$3,434,229
AIR PRODUCTS & CHEMICALS INC$3,417,235
BLACKSTONE MORTGAGE TRUST INC$3,400,117
FORTIVE CORP$3,369,879
ASML HOLDING NV$3,364,238
HILTON WORLDWIDE HOLDINGS INC$3,353,390
CROWN CASTLE INTERNATIONAL CORP$3,250,020
CANADIAN PACIFIC RAILWAY LTD$3,235,248
MEDTRONIC PLC$3,179,655
HANESBRANDS INC$3,170,141
HUMANA INC$3,143,861
SHIRE PLC$3,102,426
ANADARKO PETROLEUM CORP$3,010,056
STATE STREET CORP$2,969,835
SERVICEMASTER GLOBAL HOLDINGS INC$2,923,313
VERISK ANALYTICS INC$2,879,479
AUTOZONE INC$2,848,895
ZAYO GROUP HOLDINGS INC$2,776,372
ROSS STORES INC$2,776,167
ALBEMARLE CORP$2,769,193
ACUITY BRANDS INC$2,720,874
STERICYCLE INC$2,704,038
SIX FLAGS ENTERTAINMENT CORP$2,667,247
VERIZON COMMUNICATIONS INC$2,658,295
SABRE CORP$2,579,338
SOUTHWEST AIRLINES CO$2,548,694
BALL CORP$2,521,859
SIGNET JEWELERS LTD$2,363,900
TIME WARNER INC$2,327,477
MGM RESORTS INTERNATIONAL$2,282,896
LEVEL 3 COMMUNICATIONS INC$2,268,904
EOG RESOURCES INC$2,266,767
TYCO INTERNATIONAL PLC$2,229,057
ANTHEM INC$2,219,646
INCYTE CORP LTD$2,200,673
TRACTOR SUPPLY CO$2,172,105
RED HAT INC$2,160,823
HENRY SCHEIN INC$2,045,074
ALASKA AIR GROUP INC$2,018,146
CENTENE CORP$1,973,495
ACADIA PHARMACEUTICALS INC$1,887,373
MARSH & MCLENNAN COS INC$1,860,725
PVH CORP$1,808,469
BAIDU INC$1,803,480
NIKE INC$1,792,650
MICROSEMI CORP$1,596,465
CTRIP.COM INTERNATIONAL LTD$1,541,551
BANK OF AMERICA CORP$1,526,739
CIGNA CORP$1,508,832
WESTERN DIGITAL CORP$1,456,894
JB HUNT TRANSPORT SERVICES INC$1,396,584
KANSAS CITY SOUTHERN$1,393,595
ROPER INDUSTRIES INC$1,362,880
CARDINAL HEALTH INC$1,337,600
ZOETIS INC$1,276,891
PAYPAL HOLDINGS INC$1,266,160
AMERIPRISE FINANCIAL INC$1,245,920
NORTHROP GRUMMAN CORP$1,213,128
WABCO HOLDINGS INC$1,182,685
TOTAL SA$1,127,945
MONSANTO CO$1,091,189
BANK OF NEW YORK MELLON CORP/THE$1,032,280
BLACKROCK INC$952,250
WORKDAY INC$933,408
WEATHERFORD INTERNATIONAL PLC$925,556
ASHLAND INC$889,953
JPMORGAN CHASE & CO$876,389
LAS VEGAS SANDS CORP$840,790
3M CO$835,617
JOHNSON CONTROLS INC$831,152
PENTAIR PLC$765,840
TEXTRON INC$698,100
WILLIS TOWERS WATSON PLC$655,186
AGILENT TECHNOLOGIES INC$625,430
WALT DISNEY CO/THE$594,890
RAYTHEON CO$586,026
CHUBB LTD$576,196
YUM! BRANDS INC$572,288
COMSCORE INC$565,191
MONSTER BEVERAGE CORP$546,142
WABTEC CORP/DE$520,600
IHS MARKIT LTD$506,579
ECOLAB INC$497,196
NORTHERN TRUST CORP$466,371
REGENERON PHARMACEUTICALS INC$425,120
CITIGROUP INC$411,814
ESTEE LAUDER COS INC/THE$390,180
INTUIT INC$310,772
AON PLC$278,382
CARNIVAL CORP$275,648
PFIZER INC$269,297
ROCKWELL COLLINS INC$262,322
EI DU PONT DE NEMOURS & CO$228,261
COGNIZANT TECHNOLOGY SOLUTIONS CORP$201,215
DENTSPLY SIRONA INC$185,716
FERRARI NV$162,612
L BRANDS INC$36,950
HOLOGIC INC$30,792
 
Short-Term/Cash
Holding NameMarket Value
FIDELITY INSTITUTIONAL MONEY MARKET$73,747,131
 
Other
Holding NameMarket Value
BLACKSTONE GROUP LP/THE$4,265,815
USD$4,723
 

Statistics

Portfolio Statistics As of Sep 30, 2016
Statistic3-Year5-Year
Beta1.041.05
Alpha-3.37-2.82
Standard Deviation12.3913.14
 
 

Footnotes

1.

Please read the fund's prospectus carefully for a complete summary of all fees, expenses, financial highlights, investment objectives and strategies, risks and performance information. The prospectus contains this and other information about the investment company. Investing involves risk, including possible loss of the amount invested. Investors should carefully consider the information contained in the prospectus before investing. You can obtain a prospectus, statement of additional information and other information about the Vantagepoint Funds online at www.icmarc.org/vpprospectus, by calling 800-669-7400 or emailing investorservices@icmarc.org. The Vantagepoint Funds are distributed by ICMA-RC Services LLC, a wholly owned broker-dealer subsidiary of ICMA-RC and member FINRA/SIPC.

The source for this information is Morningstar, Inc. Copyright © 2016 Morningstar, Inc.® All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Morningstar, Inc. is a global investment research firm that is not affiliated with ICMA-RC. ICMA-RC does not independently verify Morningstar data.

Morningstar places funds in certain categories based on the fund's historical portfolio holdings. Placement of a fund in a particular Morningstar category does not mean that the fund will remain in that category or that it will invest primarily in securities consistent with its Morningstar category. A fund's investment strategy and portfolio holdings are governed by its prospectus, guidelines or other governing documents, not its Morningstar category.