The table below lists the funds available for investment through the Long Beach Deferred Compensation Program administered by ICMA-RC.
Clicking on a fund name will open a profile which describes the investment, including performance, objectives, statistics, and other fund information from Morningstar, Inc™.
|Fund Name||Code||Ticker||Investment Category||Inception Date|
|Stable Value/Cash Management|
|Long Beach Custom Stable Value Fund||1100||N/A||N/A||N/A|
|Vanguard Total Bond Market Index Fund InstitutionalA, B, C, II||5457||VBTIX||Intermediate-Term Bond||9/18/1995|
|Vanguard Inflation Protected Securities Fund InstitutionalA, B, C, II||5424||VIPIX||Inflation-Protected Bond||12/12/2003|
|BlackRock High Yield Bond FundA, B, C, D, II, III||4479||BRHYX||High Yield Bond||11/19/1998|
|Long Beach Custom Income FundE||1101||N/A||N/A||9/7/2007|
|Long Beach Custom 2010 FundE||1102||N/A||N/A||9/7/2007|
|Long Beach Custom 2020 FundE||1103||N/A||N/A||9/7/2007|
|Long Beach Custom 2030 FundE||1104||N/A||N/A||9/7/2007|
|Long Beach Custom 2040 FundE||1105||N/A||N/A||9/7/2007|
|Long Beach Custom 2050 FundE||1106||N/A||N/A||9/7/2007|
|Long Beach Custom 2060 Fund E||1107||N/A||N/A||2/26/2016|
|DFA US Large Cap Value Portfolio InstitutionalA, C, F, II, III||4569||DFLVX||Large Value||2/18/1993|
|Vanguard Institutional Index Fund InstitutionalA, C, II||5425||VINIX||Large Blend||7/31/1990|
|Vanguard Growth Index Fund InstitutionalA, C, F, II||5418||VIGIX||Large Growth||5/14/1998|
|Vanguard Selected Value Fund InvestorA, C, F, G, II||5444||VASVX||Mid-Cap Value||2/15/1996|
|Vanguard Mid-Cap Index Fund InstitutionalA, C, G, II||5439||VMCIX||Mid-Cap Blend||5/21/1998|
|Vanguard S&P Mid Cap 400 Growth Index Fund InstitutionalA, C, F, G, II||5443||VMFGX||Mid-Cap Growth||3/28/2011|
|DFA US Targeted Value Portfolio InstitutionalA, C, F, H, II||4570||DFFVX||Small Value||2/23/2000|
|Vanguard Small-Cap Index Fund InstitutionalA, C, H, II||5450||VSCIX||Small Blend||7/7/1997|
|Vanguard Explorer Fund AdmiralA, C, F, H, II||5411||VEXRX||Small Growth||11/12/2001|
|DFA Global Equity Portfolio InstitutionalA, C, I, II, III||4562||DGEIX||World Large Stock||12/24/2003|
|DFA International Value Portfolio InstitutionalA, C, F, I, II, III||4567||DFIVX||Foreign Large Value||2/15/1994|
|Vanguard Total International Stock Index Fund InstitutionalA, C, I, II||5460||VTSNX||Foreign Large Blend||11/29/2010|
|Vanguard International Growth Fund AdmiralA, C, F, I, II||5427||VWILX||Foreign Large Growth||8/13/2001|
An overall rating for a fund is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating Metrics as of the date stated. The risk-adjusted star rating brings both return and risk together into one evaluation. To determine a fund's star rating for a given period (three, five, or ten years), the fund's Morningstar Risk score is subtracted from its Morningstar Return score. The resulting number is plotted along a bell curve to determine the fund's rating for each time period. If the fund scores in the top 10% of its broad ratings group (domestic stock, international stock, taxable bond, or municipal bond), it receives 5 stars (Highest); if it falls in the next 22.5%, it receives 4 stars (Above Average); a place in the middle 35% earns it 3 stars (Neutral or Average); those in the next 22.5% receive 2 stars (Below Average); and the bottom 10% get 1 star (Lowest). The star ratings are recalculated monthly. Past performance is no guarantee of future results.
Data provided by Morningstar, Inc.® All rights reserved. The information contained herein; (1) is proprietary to Morningstar and/or its affiliates; (2) may not be copied or distributed; (3) is not warranted to be accurate, complete or timely. ICMA-RC does not review the Morningstar data and, for mutual fund performance information, please consult applicable fund disclosure documents carefully for a complete summary of all fees, expenses, charges, financial highlights and investment objectives, risks and performance information prior to investing any money. Past performance does not guarantee future results. 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. Current performance may be lower or higher than the performance data illustrated. For performance data current to the most recent month end, contact ICMA-RC Services, LLC.
Please note: A redemption fee may be assessed when you sell shares in a mutual fund. Regardless, all funds are monitored for frequent trading. Please refer to the Fund's prospectus for guidance on redemption fee and frequent trading terms. Also, refer to ICMA-RC's Frequent Trading Policy for more information.
A Certain information including, but not limited to, benchmark performance or other performance and/or fee information, is provided by Morningstar, Inc., © 2018 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.
B A fixed income fund is subject to credit risk and interest rate risk. Credit risk is when an issuer of a fixed income security may be unable or unwilling to make payments of principal or interest to the holders of these securities or may declare bankruptcy. Fixed income securities fluctuate in value as interest rates change. When interest rates rise, the market prices of fixed income securities will usually decrease; when interest rates fall, the market prices of fixed income securities usually will increase.
C Please read the fund's prospectus or disclosure materials carefully for a complete summary of all fees, expenses, investment objectives and strategies, risks, financial highlights, and performance information. Investing involves risk, including possible loss of the amount invested. Investors should carefully consider the information contained in the prospectus or disclosure materials before investing. To request a prospectus or disclosure materials, you may contact us by calling 800-669-7400, emailing email@example.com, or visiting www.icmarc.org.
D Funds that invest primarily in high yield bonds (bonds that are rated below investment grade and also known as "junk bonds") are subject to additional risk as these high yield bonds are considered speculative and involve a greater risk of default than "investment grade" securities. The values of these securities are particularly sensitive to changes in interest rates, issuer creditworthiness, and economic and political conditions. The market prices of these securities may decline significantly in periods of general economic difficulty, may be harder to value, and may be less liquid than higher rated securities.
E The Fund is not a complete solution for all of your retirement savings needs. An investment in the Fund includes the risk of loss, including near, at or after the target date of the Fund. There is no guarantee that the Fund will provide adequate income at and through an investor's retirement.
F Certain funds may be subject to style risk, which is the possibility that the investment style of its investment adviser will trail the returns of the overall market. In the past, different types of securities have experienced cycles of outperformance and underperformance in comparison to the market in general. For example, growth stocks have performed best during the later stages of economic expansion and value stocks have performed best during periods of economic recovery. Both styles may go in and out of favor. When the investing style used by a fund is out of favor, that fund is likely to underperform other funds that use investing styles that are in favor.
G Funds that invest primarily in mid-capitalization companies involve greater risk than is customarily associated with investments in larger, more established companies. Equity securities of mid-capitalization companies generally trade in lower volume and are generally subject to greater and less predictable price changes than the securities of larger companies.
H Funds that invest primarily in small-capitalization companies involve greater risk than is customarily associated with investments in larger, more established companies. Equity securities of small-capitalization companies are generally subject to greater price volatility than those of larger companies due to less certain growth prospects, the lower degree of liquidity in the markets for their securities, and the greater sensitivity of smaller companies to changing economic conditions. Also, small-capitalization companies may have more limited product lines, fewer capital resources and less experienced management than larger companies.
I Funds that invest in foreign securities are exposed to the risk of loss due to political, economic, legal, regulatory, and operational uncertainties; differing accounting and financial reporting standards; limited availability of information; currency fluctuations; and higher transaction costs. Investments in foreign currencies or securities denominated in foreign currencies (including derivative instruments that provide exposure to foreign currencies) may experience gains or losses solely based on changes in the exchange rate between foreign currencies and the U.S. dollar. The risk of investing in foreign securities may be greater with respect to securities of companies located in emerging market countries. The value of developing or emerging market currencies may fluctuate more than the currencies of companies with more mature markets.
II Certain information including, but not limited to, benchmark performance or other performance and/or fee information, is provided by Morningstar, Inc., © 2018 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.
III Differences between the net and gross expense ratios of a fund are typically due to fee waivers, expense reimbursements, and/or expense limits.