Average Annual Returns
(as of July 2025)
Risk Profile
The F Fund carries low to medium risk. It is subject to interest rate risk (when rates go up, bond prices go down) and credit risk. Its goal is to provide returns that exceed inflation over the long term with less volatility than stock funds.
📊 At a Glance: F Fund Profile
What It Is
A bond index fund that provides broad exposure to the major sectors of the U.S. bond market. This includes U.S. government, mortgage-backed, and investment-grade corporate bonds.
Investment Objective
To match the performance of the Bloomberg U.S. Aggregate Bond Index, a broad index representing the U.S. bond market.
Best For
Investors seeking capital preservation, income generation, and a way to diversify the stock portion of their portfolio. It is suitable for those with a lower risk tolerance or who are nearing retirement.
📋 Holdings & Fund Details
Holdings Overview (as of 12/31/2024)
Unlike stock funds, the F Fund does not have a small number of top holdings. Instead, it tracks a broadly diversified index of the U.S. bond market. On December 31, 2024, the index included 12,096 bonds and notes.
Key Fund Details
Key Features & Benefits
🏛️ Broad Bond Market Exposure
Gain exposure to the entire U.S. investment-grade bond market, including government, corporate, and securitized bonds, in a single fund.
💰 Income Generation
Designed to produce income through interest payments from its underlying bond holdings, providing a steady stream of returns.
🛡️ Diversification from Stocks
Bonds often move in the opposite direction of stocks, making the F Fund a crucial tool for balancing a portfolio and reducing overall volatility.
💰 Ultra-Low Costs
With an extremely low expense ratio, the F Fund allows you to keep more of your investment returns, which is especially important for lower-yielding assets like bonds.