The investment seeks to track the performance of the Bloomberg U.S. Aggregate Float Adjusted Index. This index measures the performance of a wide spectrum of public, investment-grade, taxable, fixed income securities in the United States-including government, corporate, and international dollar-denominated bonds, as well as mortgage-backed and asset-backed securities-all with maturities of more than 1 year. All of the fund's investments will be selected through the sampling process, and at least 80% of its assets will be invested in bonds held in the index.

Nasdaq

VBMFX

The fund invests in a portfolio of fixed income securities of various maturities and, under normal market conditions, will invest at least 80% of its net assets in debt and fixed income securities. Although the fund may invest in debt and fixed income securities of any maturity, under normal market conditions the target dollar-weighted average effective duration for the fund is expected to range within 20% of the average duration of the domestic bond market as a whole as estimated by the fund's subadviser.

WATFX

The fund invests in a portfolio of fixed income securities of various maturities and, under normal market conditions, will invest at least 80% of its net assets in debt and fixed income securities. Although it may invest in debt and fixed income securities of any maturity, under normal market conditions the target dollar-weighted average effective duration for the fund, as estimated by the fund's subadviser, is expected to range within 20% of the duration of its benchmark.

WATIX

The fund is a "feeder" fund that invests all of its assets in the Master Portfolio of MIP, which has the same investment objective and strategies as the fund. Under normal circumstances, at least 90% of the value of the fund's assets, plus the amount of any borrowing for investment purposes, is invested in securities comprising the Bloomberg U.S. Aggregate Index.

WFBIX

Under normal circumstances, the fund invests at least 80% of the value of its net assets in fixed income securities. The investment advisor will generally select investment grade fixed income securities and unrated securities determined to be of comparable quality, but also may invest up to 5% of the fund's total assets in lower-rated debt securities ("junk bonds"). The fund seeks to maintain a dollar-weighted average maturity of four to ten years.

WIBMX

The fund pursues its investment objective by investing primarily in U.S. government securities. U.S. government securities include U.S. Treasury securities as well as securities of U.S. government sponsored entities, (GSE). The fund's portfolio may also include investment-grade corporate debt securities and certain taxable securities issued by municipal entities such as Build America Bonds.

WMBDX

The fund is designed to maximize total return by investing in a portfolio of investment grade intermediate- and long-term debt securities. It will invest at least 80% of its assets in bonds. The fund may principally invest in corporate bonds, U.S. treasury obligations and other U.S. government and agency securities, and asset-backed, mortgage-related and mortgage-backed securities. Its average weighted maturity will ordinarily range between 4 and 12 years.

Symbol	Full Name	Category	Inception	Expense Ratio	YTD Return	10Y Return (Annualized)	Dividend Yield	Risk / Return Rank
VBMFX	Vanguard Total Bond Market Index Fund	Intermediate Core Bond	Dec 11, 1986	0.15%	-0.30%	1.50%	3.50%	29
WATFX	Western Asset Core Bond Fund	Intermediate Core Bond	Sep 4, 1990	0.46%	-0.48%	1.62%	3.85%	34
WATIX	Western Asset Intermediate Bond Fund	Intermediate Core Bond	Jul 1, 1994	0.56%	-0.45%	1.93%	3.63%	62
WFBIX	iShares U.S. Aggregate Bond Index Fund	Intermediate Core Bond	Jul 2, 1993	0.05%	-0.24%	2.00%	3.53%	30
WIBMX	Wilmington Broad Market Bond Fund	Intermediate Core Bond	Jul 16, 1993	0.57%	-0.52%	—	3.46%	23
WMBDX	WesMark Government Bond Fund	Intermediate Core Bond	Apr 20, 1998	1.03%	-0.43%	-0.20%	3.24%	18
WOBDX	JPMorgan Core Bond Fund	Intermediate Core Bond	May 31, 1991	0.50%	0.12%	1.99%	4.04%	38

The Best Intermediate Core Bond Mutual Funds

Risk vs. Return Scatterplot