Source: Internal Portfolio Management System. Data as of 30 Sept. 2018. The above chart shows the trailing 12-month yield of the Windham Multi-Asset Income Portfolio compared to the iShares Global Government Bond UCITS ETF (“Global Government Bonds”) and the iShares MSCI ACWI ETF (“Global Equities”). The Windham Multi-Asset Income trailing 12-month yield is calculated using the portfolio’s target holdings at each month end date. IGLO and ACWI yield data are sourced from Morningstar.