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STABLE VALUE FUND RISK PROFILE - in

STABLE VALUE FUNDU pdated on: 5/3/2021 Indiana Public Retirement SystemNet Blended Yield: : 3yr Constant Maturity TreasuryExpense ratio: / $ per $1,000 HISTORICAL INVESTMENT PERFORMANCEas of 3/31/21:TOTAL RETURNAVERAGE TOTAL ANNUAL RETURNQ uarter to DateYear to DatePast 1 YearPast 3 YearsPast 5 YearsPast 10 YearsStable Constant Maturity Constant MaturityStable VALUE FundPast 10 YearsPast 5 YearsPast 3 YearsPast 1 YearYear to DateQuarter to DateRETURNSDISCLOSURES:1. Returns for periods less than one year are not annualized. Performance is shown net of all fees and includes all income, realized and unrealized capital gains and losses and all annual fund operating expenses.

The INPRS Stable Value Fund (the “Fund”) is an investment option that seeks to provide safety of principal and a stable credited rate of interest, while generating competitive returns over time compared to other comparable investments. INVESTMENT CONTRACT ISSUERS:

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