|
Page |
2 | |
2 | |
5 | |
66 | |
75 | |
76 | |
76 | |
76 | |
77 | |
77 | |
81 | |
85 | |
85 | |
92 | |
93 | |
94 | |
94 | |
95 | |
104 | |
105 | |
105 | |
105 | |
A-
1 | |
B-
1 | |
C-
1 | |
D-
1 |
Investment
Strategies |
Daily
Income
Fund |
Short-
Term
Government
Securities
Fund |
Short-
Term
Bond
Fund |
Intermediate
Bond
Fund |
Rural
America
Growth
&
Income
Fund |
Value
Fund |
Growth
Fund |
International
Equity
Fund |
Small-
Company
Stock
Fund |
Money
Market
Instruments |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Funding
Agreements |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Extendible
Commercial
Notes |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Participation
Interests |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Bank
and
Savings
and
Loan
Obligations |
|
X
(1)(2) |
X
(1)(2) |
X
(1)(2) |
X
(1)(2) |
X
(1)(2) |
X
(1)(2) |
X
(2) |
X
(1)(2) |
Commercial
Paper
and
Other
Short-
Term
Corporate
Debt
Instruments |
|
X |
X |
X |
X |
X |
X |
X |
X |
Investment
Strategies |
Daily
Income
Fund |
Short-
Term
Government
Securities
Fund |
Short-
Term
Bond
Fund |
Intermediate
Bond
Fund |
Rural
America
Growth
&
Income
Fund |
Value
Fund |
Growth
Fund |
International
Equity
Fund |
Small-
Company
Stock
Fund |
Repurchase
Agreements |
X
(3)(4) |
X
(4)(5) |
X
(4) |
X
(4) |
X
(4) |
X
(4) |
X
(17) |
X
(4) |
X
(4) |
Reverse
Repurchase
Agreements |
|
X |
X |
X |
X |
X |
X |
X |
X |
Debt
Securities |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Variable
And
Floating
Rate
Securities |
X |
X |
X |
X |
X |
|
|
|
|
U.S.
Government
Securities |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Municipal
Securities |
|
X |
X |
X |
X |
X |
X |
X |
X |
Unrated,
Downgraded
and
Below
Investment
Grade
Investments |
X
(6) |
X |
X |
X |
X |
X |
X |
X |
X |
Loans,
Assignments,
and
Participations |
|
|
|
|
X |
|
|
|
|
Mortgage-
Backed
and
Asset-
Backed
Debt
Securities |
X
(7) |
X |
X |
X |
X |
|
|
|
|
Mortgage
Pass-
Through
Securities |
X
(7) |
X |
X |
X |
X |
|
|
|
|
Collateralized
Mortgage
Obligations |
X
(7) |
X |
X |
X |
X |
|
|
|
|
Other
Mortgage-
Related
Securities |
X
(7) |
X |
X |
X |
X |
|
|
|
|
Asset-
Backed
Securities |
X
(7) |
X |
X |
X |
X |
|
|
|
|
Investment
Strategies |
Daily
Income
Fund |
Short-
Term
Government
Securities
Fund |
Short-
Term
Bond
Fund |
Intermediate
Bond
Fund |
Rural
America
Growth
&
Income
Fund |
Value
Fund |
Growth
Fund |
International
Equity
Fund |
Small-
Company
Stock
Fund |
Forward
Commitments
and
Dollar
Rolls |
|
|
|
X |
X |
|
|
|
|
Convertible
Securities |
|
X |
X |
X |
X |
X |
X |
X |
X |
Warrants
and
Rights |
X
(8) |
X
(8) |
X
(9) |
X
(9) |
X
(9) |
X
(9) |
X
(18) |
X
(9) |
X
(9) |
Equity
Securities |
|
|
X |
X |
X |
X |
X |
X |
X |
Illiquid
Securities |
X
(10) |
X
(11) |
X
(11) |
X
(11) |
X
(11) |
X
(11) |
X
(11) |
X
(11) |
X
(11) |
Restricted
Securities |
|
X |
X |
X |
X |
X |
X |
X |
X |
When-
Issued
Securities |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Participation
Certificates |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Investment
Companies
and
Exchange-
Traded
Funds |
X
(12) |
X |
X |
X |
X |
X |
X |
X |
X |
Technology
Securities |
|
X |
X |
X |
X |
X |
X |
X |
X |
Health
Care
Securities |
|
X |
X |
X |
X |
X |
X |
X |
X |
Financial
Sector |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Loans
of
Portfolio
Securities |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Borrowing |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Investing
in
the
United
States |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Securities
of
Foreign
Issuers |
X
(13)(14) |
X
(13)(14)(15) |
X
(13) |
X
(13) |
X
(13) |
X |
X
(19) |
X
(20) |
X
(13) |
U.S.
Dollar-
Denominated
Securities
of
Foreign
Issuers |
X |
X
(15)(16) |
X |
X |
X |
X |
X |
X |
X |
Investment
Strategies |
Daily
Income
Fund |
Short-
Term
Government
Securities
Fund |
Short-
Term
Bond
Fund |
Intermediate
Bond
Fund |
Rural
America
Growth
&
Income
Fund |
Value
Fund |
Growth
Fund |
International
Equity
Fund |
Small-
Company
Stock
Fund |
ADRs,
EDRs
and
GDRs |
|
|
X |
X |
X |
X |
X |
X |
X |
Yankee
Securities |
X
(13)(14) |
X
(13)(14)(15) |
X
(13) |
X
(13) |
X |
X |
X
(19) |
X
(20) |
X
(13) |
Eurodollar
Securities |
X
(13)(14) |
X
(13)(14)(15) |
X
(13) |
X
(13) |
X |
X |
X
(19) |
X
(20) |
X
(13) |
European
Union |
X
(13)(14) |
X
(13)(14)(15) |
X
(13) |
X
(13) |
X |
X |
X
(19) |
X
(20) |
X
(13) |
Participation
Notes |
|
|
|
|
|
|
|
X |
|
Obligations
of
Foreign
Governments,
Supranational
Entities
and
Banks |
X |
X |
X |
X |
X |
X |
X |
X |
X |
Initial
Public
Offerings |
|
|
|
|
X |
X |
X |
|
X |
Real
Estate
Investment
Trusts |
|
|
|
|
|
|
X |
|
|
Derivatives |
|
|
|
|
|
|
|
X |
|
Fund |
2023 |
2022 |
Short-Term
Government Securities Fund(1)(2) |
442% |
202% |
Short-Term
Bond Fund(1) |
395% |
328% |
Intermediate
Bond Fund(1) |
189% |
258% |
Rural
America Growth & Income Fund |
44% |
44% |
Stock
Index Fund(3) |
10% |
13% |
Value
Fund |
10% |
10% |
Growth
Fund |
19% |
23% |
International
Equity Fund |
20% |
13% |
Small-Company
Stock Fund |
15% |
16% |
Name,
Address
and
Year of Birth(1)
|
Position(s)
Held
with
Homestead Funds |
Term
of
Office
and
Length
of
Time
Served |
Principal
Occupation(s)
During
Past Five Years |
Number
of
Portfolios
Overseen
by
Director
in
the
Fund
Complex(2)
|
Other
Directorships
Held
by
Director |
James
F. Perna
1947 |
Director/Trustee,
Chairman of
the
Board, Member of Audit
Committee,
Member of
Nominating
& Governance
Committee |
1990-present
(Homestead
Funds,
Inc.);
since
inception
(Homestead
Funds
Trust) |
Solo
Practitioner (attorney)
(2008-present) |
10 |
None |
Douglas
W. Johnson
1955 |
Director/Trustee,
Chairman of
Audit
Committee, Member of
Nominating
& Governance
Committee |
2003-present
(Homestead
Funds,
Inc.);
since
inception
(Homestead
Funds
Trust) |
CEO,
Blue Ridge Electric
Membership
Corporation (1989-
present) |
10 |
None |
Kenneth
R. Meyer(3)
1944 |
Director/Trustee,
Member of
Audit
Committee |
2005-present
(Homestead
Funds,
Inc,);
since
inception
(Homestead
Funds
Trust) |
Retired
(2004-2023) |
10 |
None |
Anthony
M.
Marinello
1946 |
Director/Trustee,
Member of
Audit
Committee, Member of
Nominating
& Governance
Committee |
1990-present
(Homestead
Funds,
Inc.);
since
inception
(Homestead
Funds
Trust) |
Retired
(2004-present) |
10 |
None |
Sheldon
C. Petersen
1953 |
Director/Trustee,
Member of
Audit
Committee, Member of
Nominating
& Governance
Committee |
2005-present
(Homestead
Funds,
Inc.);
since
inception
(Homestead
Funds
Trust) |
Retired
(2021-present); CEO,
National
Rural Utilities
Cooperative
Finance
Corporation
(1995-2021) |
10 |
None |
Mark
Rose
1953 |
Director/Trustee,
Member of
Audit
Committee, Member of
Nominating
& Governance
Committee |
2005-present
(Homestead
Funds,
Inc.);
since
inception
(Homestead
Funds
Trust) |
Consultant,
public affairs (2017-
present)
(self-employed); CEO
and
General Manager,
Bluebonnet
Electric Cooperative
(2002-2017) |
10 |
None |
Name,
Address
and
Year of Birth(1) |
Position(s)
Held
with
Homestead Funds |
Term
of
Office
and
Length
of
Time
Served |
Principal
Occupation(s)
During
Past Five Years |
Number
of
Portfolios
Overseen
by
Director
in
the
Fund
Complex(2) |
Other
Directorships
Held
by
Director |
Peter
J. Tonetti
1953 |
Director/Trustee,
Member of
Audit
Committee, Member of
Nominating
& Governance
Committee |
2010-present
(Homestead
Funds,
Inc,);
since
inception
(Homestead
Funds
Trust) |
Retired
(2015-present) |
10 |
None |
Julie
H. Dellinger
1953 |
Director/Trustee,
Vice Chair of
Audit
Committee, Member of
Nominating
& Governance
Committee |
2019-present |
Westminster
Investment
Consultants,
CEO (2017-
present);
Managing Vice
President
of Investments, ICMA-
RC
and Manager, Vantagepoint
Investment
Advisers, LLC
(1998-2017) |
10 |
None |
Judith
H. McKinney
1950 |
Director/Trustee,
Member of
Audit
Committee, Chair of
Nominating
& Governance
Committee |
2019-present |
Retired
(2019-present);
Executive
Vice President and
Manager,
Callan LLC (2007-
2019) |
10 |
None |
Name,
Address(1)
and
Year of Birth |
Position(s)
Held
with
Homestead Funds |
Term
of
Office
and
Length
of
Time
Served |
Principal
Occupation(s)
During
Past Five Years |
Number
of
Portfolios
Overseen
by
Director
in
the
Fund
Complex(2)
|
Other
Directorships
Held
by
Director |
Mark
D. Santero(4)
1961 |
Director/Trustee,
President
and
Chief
Executive
Officer |
2018-present
(Homestead
Funds,
Inc.);
since
inception
(Homestead
Funds
Trust) |
Homestead
Advisers Corp.,
President,
Chief Executive
Officer
and Director (2018-
present);
Chief Executive
Officer,
The Dreyfus
Corporation
(2016-2017); Chief
Operating
Officer, BNY Mellon
Investment
Management (2014-
2016) |
10 |
None |
Name,
Address(1)
and
Year of Birth |
Position(s)
Held
with
Homestead Funds |
Term
of
Office
and
Length
of
Time
Served |
Principal
Occupation(s)
During
Past Five Years |
Number
of
Portfolios
Overseen
by
Director
in
the
Fund
Complex(2) |
Other
Directorships
Held
by
Director |
Danielle
C.
Sieverling
1971 |
Chief
Compliance
Officer
and Secretary |
Chief
Compliance
Officer
(2005-
present);
(Homestead
Funds,
Inc.);
since
inception
(Homestead
Funds
Trust); |
Chief
Compliance Officer,
Homestead
Advisers (2005-
present);
Vice President, Chief
Risk
and Compliance Officer,
NRECA
(2015-present); Chief
Compliance
Officer, Homestead
Financial
Services Corp. (2017-
present);
Secretary, Homestead
Advisers
(2017-2018; 2020-
2021,
2023-Present); Chief
Executive
Officer and Director,
Homestead
Financial Services
Corp.
(2017-2018); Director,
Homestead
Financial Services
Corp.
(2016); Vice President and
Director,
Homestead Financial
Services
Corp. (2015-2016);
Vice
President and Chief
Compliance
Officer,
Management
Advisory Services,
NRECA
(2008-2015) |
N/A |
N/A |
Amy
M. DiMauro
1971 |
Treasurer
and Principal Financial
Officer |
2007-present
(Homestead
Funds,
Inc,);
since
inception
(Homestead
Funds
Trust) |
Treasurer
and Director,
Homestead
Financial Services
Corp.
(2006- present); Treasurer
and
Director, Homestead
Advisers
Corp. (2010-present);
Senior
Director, Finance &
Accounting—Mutual
Funds,
NRECA
(2014-present);
Treasurer
and Director, Electric
Cooperative
Life Insurance Co.
(2013-2021);
Treasurer and
Director,
Cooperating Insurance
Services
Co. (2013-present) |
N/A |
N/A |
Jennifer
(Laurie)
Webster
1963 |
Chief
Operations
Officer |
2017-present
(Homestead
Funds,
Inc.);
since
inception
(Homestead
Funds
Trust) |
President
and Director,
Homestead
Financial Services
Corp.
(2018- present); Chief
Operations
Officer, Homestead
Financial
Services Corp. (2017-
present);
Vice President of
Operations
and Client Services,
Homestead
Advisers (2017-
2020);
Chief Operations Officer,
Homestead
Advisers Corp.
(2020-present);
Chief Operating
Officer,
Solomon Hess Capital
Management
(2017-2017); V.P.
Investment
Operations and
Indexing,
Calvert Investments
(2014-2017) |
N/A |
N/A |
Name
Of Director |
Dollar
Range Of Equity
Securities
In The Funds |
Aggregate
Dollar Range Of Equity
Securities
In All Funds Overseen
By
Director In Family Of
Investment
Companies1
|
Anthony
M. Marinello |
Daily
Income Fund
$1
- $10,000
Short-Term
Bond Fund
$10,000
- $50,000
Growth
Fund
$50,001
- $100,000
Value
Fund
$10,001
- $50,000
Small-Company
Stock Fund
$10,001
- $50,000
International
Equity Fund
$50,001
- $100,000
Intermediate
Bond Fund
$10,001
- $50,000
Stock
Index Fund
$50,001
- $100,000 |
Over
$100,000 |
Name
Of Director |
Dollar
Range Of Equity
Securities
In The Funds |
Aggregate
Dollar Range Of Equity
Securities
In All Funds Overseen
By
Director In Family Of
Investment
Companies1 |
Douglas
W. Johnson |
Intermediate
Bond Fund
$10,001
- $50,000
Value
Fund
Over
$100,000
Small-Company
Stock Fund
Over
$100,000
Daily
Income Fund
Over
$100,000 |
Over
$100,000 |
James
F. Perna |
Value
Fund
$50,001
- $100,000
Small-Company
Stock Fund
$50,001
- $100,000 |
Over
$100,000 |
Sheldon
C. Petersen |
Stock
Index Fund
Over
$100,000
Value
Fund
Over
$100,000
Growth
Fund
Over
$100,000
Daily
Income Fund
Over
$100,000 |
Over
$100,000 |
Kenneth
R. Meyer (2) |
Short-Term
Bond Fund
Over
$100,000
Intermediate
Bond Fund
Over
$100,000
Rural
America Growth & Income Fund
$10,001
- $50,000
Value
Fund
Over
$100,000
International
Equity Fund
Over
$100,000
Small-Company
Stock Fund
Over
$100,000 |
Over
$100,000 |
Mark
Rose |
None |
None |
Peter
J. Tonetti |
Short-Term
Bond Fund
$10,001
- $50,000 |
$10,001-$50,000 |
Julie
H. Dellinger |
Short-Term
Bond Fund
$1
- $10,000
Intermediate
Bond Fund
$1
- $10,000
Growth
Fund
$1
- $10,000
Value
Fund
$1
- $10,000
International
Equity Fund
$1
- $10,000
Small-Company
Stock Fund
$1
- $10,000 |
$10,001-$50,000 |
Name
Of Director |
Dollar
Range Of Equity
Securities
In The Funds |
Aggregate
Dollar Range Of Equity
Securities
In All Funds Overseen
By
Director In Family Of
Investment
Companies1 |
Judith
H. McKinney |
Value
Fund
$10,001
- $50,000
Small-Company
Stock Fund
$1
- $10,000 |
$10,001
- $50,000 |
Mark
D. Santero |
Short-Term
Bond Fund
Over
$100,000
Intermediate
Bond Fund
$50,001
- $100,000
Value
Fund
Over
$100,000
Small-Company
Stock Fund
$50,001
- $100,000
Rural
America Growth & Income Fund
$10,001
- $50,000 |
Over
$100,000 |
Independent
Board Chair |
$87,000 |
Audit
Committee Chair |
$75,000 |
Audit
Committee Vice Chair |
$72,500 |
Compensation
Committee Chair |
$75,000 |
Non-chair
Independent Director |
$70,000 |
Regular
or Special Board Meeting |
$6,000 |
Audit
Committee Meeting |
$4,000 |
Nominating
& Governance Committee Meeting |
$1,500 |
Name
Of
Person,
Position |
Aggregate
Compensation
From
Homestead
Funds,
Inc. (Including
Voluntary
Deferred
Compensation)1 |
Aggregate
Compensation
From
Homestead
Funds
Trust (Including
Voluntary
Deferred
Compensation)1 |
Pension
Or
Retirement
Benefits
Accrued
As
Part
Of
Corporation
Expenses |
Estimated
Annual
Benefits
Upon
Retirement |
Total
Compensation
From
Homestead
Funds
And Fund
Complex2
Paid To
Directors3 |
James
F. Perna
Director
and Chairman of the Board |
$126,449 |
7,551 |
N/A |
N/A |
$134,000 |
Douglas
W. Johnson4
Director
and Chairman of the Audit
Committee |
$115,125 |
6,875 |
N/A |
N/A |
$122,000 |
Judith
H. McKinney
Director
and Chair of Nominating &
Governance
Committee |
$111,829 |
6,678 |
N/A |
N/A |
$118,507 |
Julie
H. Dellinger
Director
and Vice Chair of the Audit
Committee |
$112,766 |
6,734 |
N/A |
N/A |
$119,500 |
Kenneth
R. Meyer4
Director |
$115,125 |
6,875 |
N/A |
N/A |
$122,000 |
Mark
Rose
Director |
$110,407 |
6,593 |
N/A |
N/A |
$117,000 |
Peter
Tonetti
Director |
$110,407 |
6,593 |
N/A |
N/A |
$117,000 |
Anthony
M. Marinello4
Director |
$110,407 |
6,593 |
N/A |
N/A |
$117,000 |
Sheldon
C. Petersen
Director |
$110,407 |
6,593 |
N/A |
N/A |
$117,000 |
Mark
D. Santero
Director5 |
N/A |
N/A |
N/A |
N/A |
N/A |
Fund
Name |
Name
And Address |
Percent
Of Fund
Ownership
As Of
April
1, 2024 |
Daily
Income Fund |
Homestead
Advisers Corporation
4301
Wilson Blvd, Arlington, VA 22203-4419 |
5.27% |
Intermediate
Bond Fund |
|
|
|
National
Information Solutions Cooperative
P.O.
Box 728, Mandan, ND 58554-0728 |
9.06% |
|
Horry
Electric Cooperative
P.O.
Box 119, Conway SC 29528-0119 |
6.85% |
|
Northern
Virginia Electric Cooperative
P.O.
Box 2710, Manassas VA 20108-0875 |
5.79% |
Fund
Name |
Name
And Address |
Percent
Of Fund
Ownership
As Of
April
1, 2024 |
Rural
America Growth & Income Fund |
Homestead
Advisers Corporation
4301
Wilson Blvd, Arlington VA 22203-4419 |
9.49% |
Small-Company
Stock Fund |
|
|
|
Charles
Schwab & Co, Inc. for the Exclusive Benefit of Our
Customers(1)
San
Francisco, CA 94105-1905 |
13.83% |
|
National
Financial Services LLC for the Exclusive Benefit of Our
Customers(1)
Jersey
City, NJ 07310-2010 |
6.55% |
Fund(1) |
Rate |
Daily
Income Fund(2)
|
.40%
of average daily net assets |
Short-Term
Government Securities Fund |
.45%
of average daily net assets |
Short-Term
Bond Fund(3)
|
.60%
of average daily net assets up to $500 million; 0.50% of average daily net
assets up
to
the next $500 million; and 0.40% of average daily net assets in excess of
$1 billion |
Intermediate
Bond Fund |
.60%
of average daily net assets up to $500 million; .50% of average daily net
assets up
to
the next $500 million; and .45% of average net assets in excess of $1
billion |
Rural
America Growth & Income Fund |
.65%
of average daily net assets up to $500 million; .50% of average daily net
assets up
to
the next $500 million; and .40% of average net assets in excess of $1
billion |
Value
Fund |
.65%
of average daily net assets up to $200 million; .50% of average daily net
assets up
to
the next $200 million; and .40% of average daily net assets in excess of
$400 million |
Growth
Fund |
.65%
of average daily net assets up to $250 million; and .60% of average daily
net assets
over
$250 million |
International
Equity Fund |
.75%
of average daily net assets up to $300 million; .65% of average daily net
assets up
to
the next $100 million; .55% of average daily net assets up to the next
$100 million and
.50%
of average net assets in excess of $500
million |
Small-Company
Stock Fund |
.85%
of average daily net assets up to $200 million; and .75% of average daily
net assets
in
excess of $200 million |
Fund |
2023 |
2022 |
2021 |
Daily
Income Fund |
$836,592 |
$782,525 |
$765,769 |
Short-Term
Government Securities Fund |
$276,641 |
$324,367 |
$384,904 |
Short-Term
Bond Fund |
$2,816,631 |
$3,066,934 |
$3,435,230 |
Intermediate
Bond Fund |
$774,478 |
$817,604 |
$788,059 |
Rural
America Growth & Income Fund(1) |
$55,386 |
$42,905 |
$15,491 |
Stock
Index Fund(2) |
$522,008 |
$510,174 |
$542,067 |
Value
Fund |
$4,337,769 |
$4,443,671 |
$4,757,960 |
Growth
Fund |
$1,804,237 |
$1,803,512 |
$2,280,714 |
International
Equity Fund |
$641,951 |
$632,198 |
$747,368 |
Small-Company
Stock Fund |
$2,001,745 |
$2,156,217 |
$2,557,220 |
Fund |
Operating
Expense
Limit |
Expiration
Date |
Daily
Income Fund |
0.60% |
April
30, 2025 |
Short-Term
Government Securities Fund |
0.75% |
April
30, 2025 |
Short-Term
Bond Fund |
0.80% |
April
30, 2025 |
Intermediate
Bond Fund |
0.80% |
April
30, 2025 |
Rural
America Growth & Income Fund |
1.00% |
April
30, 2025 |
Stock
Index Fund |
0.75%
(1) |
April
30, 2025 |
Value
Fund |
1.25% |
April
30, 2025 |
Growth
Fund |
1.00% |
April
30, 2025 |
Small-Company
Stock Fund |
1.50% |
April
30, 2025 |
Fund |
2023 |
2022 |
2021 |
Daily
Income Fund |
$— |
$224,316 |
$765,769
1 |
Short-Term
Government Securities Fund |
$55,941 |
$34,324 |
$33,855 |
Short-Term
Bond Fund |
$— |
$— |
$— |
Intermediate
Bond Fund |
$109,749 |
$100,416 |
$142,341 |
Rural
America Growth & Income Fund |
$55,386
2 |
$42,905
2 |
$15,491
3 |
Stock
Index Fund |
$— |
$— |
$— |
Value
Fund |
$— |
$— |
$— |
Growth
Fund |
$— |
$— |
$— |
Small-Company
Stock Fund |
$— |
$— |
$— |
International
Equity Fund |
$91,557 |
$134,027 |
$193,888 |
Market
Value of Assets |
Annual
Fee |
First
$50 Million |
50.00
bps** |
Next
$50 Million |
40.00
bps |
When
assets reach $100 Million* |
40.00
bps on all assets |
Market
Value of Assets |
Annual
Fee |
When
assets reach $200 Million* |
33.00
bps on all assets |
When
assets reach $500 Million* |
32.50
bps on all assets |
When
assets reach $1 Billion* |
30.00
bps on all assets |
When
assets exceed $1 Billion |
29.00
bps on assets over $1 Billion |
When
assets reach $2 Billion* |
29.00
bps on all assets |
When
assets exceed $3 Billion |
27.50
bps on assets over $3 Billion |
Name
of Portfolio Manager |
Category
of Accounts |
Number
of Accounts
Managed
in Each
Category
of Account |
Total
Assets in Accounts
Managed
Within
Each
Category |
Mauricio
Agudelo |
Registered
Investment Companies |
0 |
N/A |
|
Other
Pooled Investment Vehicles |
4 |
$1,830
million |
|
Other
Accounts |
5 |
$119
million |
Mark
Iong |
Registered
Investment Companies |
0 |
N/A |
|
Other
Pooled Investment Vehicles |
2 |
$2,751
million |
|
Other
Accounts |
1 |
$44
million |
Ivan
Naranjo |
Registered
Investment Companies |
0 |
N/A |
|
Other
Pooled Investment Vehicles |
4 |
$1,830
million |
|
Other
Accounts |
5 |
$119
million |
Name
of Portfolio Manager |
Category
of Accounts |
Number
of Accounts
Managed
in Each
Category
of Account |
Total
Assets in Accounts
Managed
Within
Each
Category |
James
A. Polk |
Registered
Investment Companies |
0 |
N/A |
|
Other
Pooled Investment Vehicles |
2 |
$2,751
million |
|
Other
Accounts |
1 |
$44
million |
Name
of Portfolio Manager |
Dollar
Range Of Securities Owned In The Fund |
Mauricio
Agudelo |
Short-Term
Government Securities Fund
None
Short-Term
Bond Fund
None
Intermediate
Bond Fund
$10,001
- $50,000
Rural
America Growth & Income Fund
$1
- $10,000 |
Mark
Iong |
Rural
America Growth & Income Fund
None
Value
Fund
$10,001
- $50,000
Small-Company
Stock Fund
$10,001
- $50,000 |
Ivan
Naranjo |
Short-Term
Government Securities Fund
None
Short-Term
Bond Fund
None
Intermediate
Bond Fund
None
Rural
America Growth & Income Fund
None |
James
A. Polk |
Rural
America Growth & Income Fund
None
Value
Fund
Over
$1,000,000
Small-Company
Stock Fund
$100,001
- $500,000 |
Taymour
R. Tamaddon |
Total
# of Accounts Managed |
Total
Assets |
Registered
investment companies |
7 |
$28,061,024,059 |
Other
pooled investment vehicles |
63 |
$32,061,787,571 |
Other
accounts |
13 |
$5,631,055,987 |
Name
of
Portfolio
Manager (1)
|
Category
of Accounts |
Number
of Accounts
Managed
in Each
Category
of Account |
Total
Assets in Accounts
Managed
Within Each
Category |
Ferrill
Roll |
Registered
Investment Companies |
5 |
$15,092,506,097 |
|
Other
Pooled Investment Vehicles |
8 |
$3,340,879,041 |
|
Other
Accounts |
267 |
$5,151,330,154 |
Andrew
West |
Registered
Investment Companies |
5 |
$15,092,506,097 |
|
Other
Pooled Investment Vehicles |
8 |
$3,340,879,041 |
|
Other
Accounts |
267 |
$5,151,330,154 |
Patrick
Todd |
Registered
Investment Companies |
5 |
$15,092,506,097 |
|
Other
Pooled Investment Vehicles |
8 |
$3,340,879,041 |
|
Other
Accounts |
267 |
$5,151,330,154 |
Bryan
Lloyd |
Registered
Investment Companies |
5 |
$15,092,506,097 |
|
Other
Pooled Investment Vehicles |
8 |
$3,340,879,041 |
|
Other
Accounts |
267 |
$5,151,330,154 |
Babatunde
Ojo |
Registered
Investment Companies |
6 |
$15,221,435,914 |
|
Other
Pooled Investment Vehicles |
8 |
$3,340,879,041 |
|
Other
Accounts |
268 |
$5,151,330,154 |
Fund |
Year
Ended December 31, | ||
2023 |
2022 |
2021 | |
Daily
Income Fund |
$— |
$— |
$— |
Short-Term
Government Securities Fund |
$— |
$— |
$— |
Short-Term
Bond Fund |
$— |
$— |
$— |
Intermediate
Bond Fund |
$— |
$— |
$— |
Rural
America Growth & Income Fund1 |
$850 |
1,514 |
1,384 |
Stock
Index Fund |
$— |
$— |
$— |
Value
Fund |
$83,120 |
$75,355 |
$99,503 |
Growth
Fund |
$16,081 |
$21,483 |
$19,040 |
International
Equity Fund |
$29,606 |
$13,964 |
$14,733 |
Small-Company
Stock Fund |
$91,038 |
$90,091 |
$179,474 |
Fund |
Broker
Dealer |
Market
Value |
Short-Term
Government |
Bank
of America |
198,457 |
Short-Term
Government |
JPMorgan
Chase & Co. |
91,906 |
Short-Term
Government |
Morgan
Stanley |
257,056 |
Short-Term
Bond Fund |
Bank
of America |
12,283,566 |
Short-Term
Bond Fund |
Barclays
Capital |
2,319,060 |
Short-Term
Bond Fund |
Cantor
Fitzgerald |
727,763 |
Short-Term
Bond Fund |
Citigroup
Inc. |
2,055,526 |
Short-Term
Bond Fund |
Goldman
Sachs Group Inc. |
1,410,744 |
Short-Term
Bond Fund |
JPMorgan
Chase & Co. |
5,245,755 |
Short-Term
Bond Fund |
Morgan
Stanley |
5,794,657 |
Short-Term
Bond Fund |
Mitsubishi
Financial Group |
1,366,853 |
Short-Term
Bond Fund |
Mizuho
Financial Group |
724,842 |
Short-Term
Bond Fund |
Santander
Group |
1,508,260 |
Short-Term
Bond Fund |
Sumitomo
Mitsui Financial Group |
1,827,738 |
Short-Term
Bond Fund |
Wells
Fargo |
10,528,477 |
Intermediate
Bond Fund |
Bank
of America |
2,267,451 |
Intermediate
Bond Fund |
Barclays
Capital |
624,326 |
Intermediate
Bond Fund |
Cantor
Fitzgerald |
194,754 |
Intermediate
Bond Fund |
Citigroup
Inc. |
1,219,324 |
Intermediate
Bond Fund |
Goldman
Sachs Group Inc. |
1,040,705 |
Intermediate
Bond Fund |
JPMorgan
Chase & Co. |
972,901 |
Intermediate
Bond Fund |
Mitsubishi
Financial Group |
287,010 |
Intermediate
Bond Fund |
Mizuho
Financial Group |
193,094 |
Intermediate
Bond Fund |
Morgan
Stanley |
1,360,281 |
Intermediate
Bond Fund |
Santander
Group |
557,339 |
Intermediate
Bond Fund |
Sumitomo
Mitsui Financial Group |
447,051 |
Intermediate
Bond Fund |
Wells
Fargo |
1,965,753 |
Value
Fund |
JP
Morgan Chase & Co. |
39,087,449 |
Introduction |
3 |
Definitions |
3 |
Overview |
3 |
Conflicts
of Interest |
4 |
General
Voting Procedures |
4 |
Other
Voting Considerations |
5 |
Reporting |
6 |
Recordkeeping |
6 |