Your plan's funds - ADOBE INC. 401(K) RETIREMENT SAVINGS PLAN

Variable Return Funds in the plan
All-in-one options
Fund name	Fund symbol/ number	Total annual operating expenses		Average annual total return**  as of 09/30/2020							Benchmark
		As a %	Per $1000	1-Year		5-Year		10-Year		Since inception	1-Year	5-Year	10-Year
Target Retire Income Tr I	— 1461	0.07%	0.70	7.47%		6.10%		5.68%		5.31% (06/22/2007)	8.07%	6.31%	5.80%
											Target Retirement Income Composite Index
Target Retire 2015 Tr I	— 1463	0.07%	0.70	7.75%		7.12%		7.12%		5.34% (06/28/2007)	8.37%	7.35%	7.23%
											Target Retirement 2015 Composite Index
Target Retire 2020 Tr I	— 1464	0.07%	0.70	8.59%		8.03%		7.90%		5.65% (06/22/2007)	9.31%	8.30%	8.09%
											Target Retirement 2020 Composite Index
Target Retire 2025 Tr I	— 1465	0.07%	0.70	9.16%		8.69%		8.46%		5.75% (06/28/2007)	9.92%	8.97%	8.66%
											Target Retirement 2025 Composite Index
Target Retire 2030 Tr I	— 1466	0.07%	0.70	9.48%		9.16%		8.93%		5.81% (06/28/2007)	10.24%	9.44%	9.13%
											Target Retirement 2030 Composite Index
Target Retire 2035 Tr I	— 1467	0.07%	0.70	9.80%		9.62%		9.39%		5.97% (06/28/2007)	10.51%	9.90%	9.58%
											Target Retirement 2035 Composite Index
Target Retire 2040 Tr I	— 1468	0.07%	0.70	10.10%		10.06%		9.68%		6.22% (06/28/2007)	10.73%	10.35%	9.89%
											Target Retirement 2040 Composite Index
Target Retire 2045 Tr I	— 1469	0.07%	0.70	10.30%		10.19%		9.75%		6.24% (06/28/2007)	10.95%	10.50%	9.96%
											Target Retirement 2045 Composite Index
Target Retire 2050 Tr I	— 1470	0.07%	0.70	10.38%		10.21%		9.76%		6.29% (06/28/2007)	10.97%	10.50%	9.96%
											Target Retirement 2050 Composite Index
Target Retire 2055 Tr I	— 1488	0.07%	0.70	10.38%		10.22%		—		9.61% (10/05/2010)	10.97%	10.50%	9.96%
											Target Retirement 2055 Composite Index
Target Retire 2060 Tr I	— 1692	0.07%	0.70	10.45%		10.24%		—		9.37% (03/01/2012)	10.97%	10.50%	—
											Target Retirement 2060 Composite Index
Target Retire 2065 Tr I	— 1793	0.07%	0.70	10.40%		—		—		9.19% (07/21/2017)	10.97%	—	—
											Target Retirement 2065 Composite Index
Other options
Fund name	Fund symbol/ number	Total annual operating expenses		Average annual total return**  as of 09/30/2020							Benchmark
		As a %	Per $1000	1-Year		5-Year		10-Year		Since inception	1-Year	5-Year	10-Year
Short-Term Reserves
Vanguard Federal Money Mkt Fund	VMFXX 0033	0.11%	1.10	0.87%		1.10%		0.55%		4.06% (07/13/1981)	0.52%	0.68%	0.34%
											U.S. Government Money Market Funds Average
Vanguard Retire Savings Trust III	— 0340	0.30%	3.00	2.34%		2.18%		2.27%		3.23% (09/05/2001)	1.02%	1.15%	0.60%
											FTSE Three-Month U.S. Treasury Bill Index
Bond Funds
PIMCO Total Return Instl	PTTRX 3769	0.70%	7.00	7.42%		4.74%		3.98%		7.19% (05/11/1987)	6.98%	4.18%	3.64%
											BBgBarc US Agg Bond TR USD
Vanguard Infla-Protected Sec Inst	VIPIX 1190	0.07%	0.70	9.75%		4.49%		3.48%		4.30% (12/12/2003)	10.08%	4.61%	3.57%
											Bloomberg Barclays U.S. Treasury Inflation Protected Securities Index
Vanguard Total Bond Mkt Ix Ist Pls	VBMPX 0850	0.03%	0.30	7.05%		4.22%		3.62%		5.25% (09/18/1995)	7.14%	4.26%	3.67%
											Spliced Bloomberg Barclays U.S. Aggregate Float Adjusted Index
Balanced Funds (Stocks and Bonds)
Vanguard Wellington Fund Admiral	VWENX 0521	0.17%	1.70	7.65%		9.98%		9.70%		7.76% (05/14/2001)	13.14%	11.20%	10.65%
											Wellington Composite Index
Domestic Stock Funds
DFA US Small Cap Value I	DFSVX 2786	0.51%	5.10	–15.86%		1.60%		6.80%		9.65% (03/02/1993)	-14.88%	4.11%	7.09%
											Russell 2000 Value TR USD
Vanguard Explorer Fund Admiral	VEXRX 5024	0.34%	3.40	13.72%		13.75%		13.20%		9.46% (11/12/2001)	23.37%	14.19%	14.06%
											Russell 2500 Growth Index
Vanguard Ext Mkt Index Inst Plus	VEMPX 1860	0.04%	0.40	13.00%		11.27%		—		10.51% (01/14/2011)	12.94%	11.13%	12.01%
											S&P Completion Index
Vanguard FTSE Social Index Inst	VFTNX 0223	0.12%	1.20	20.76%		15.55%		14.98%		9.51% (01/14/2003)	20.84%	15.65%	15.11%
											Spliced Social Index
Vanguard Inst Index Fund Inst Plus	VIIIX 0854	0.02%	0.20	15.15%		14.14%		13.74%		7.83% (07/07/1997)	15.15%	14.15%	13.74%
											S&P 500 Index
Vanguard U.S. Growth Fund Admiral	VWUAX 0523	0.28%	2.80	52.79%		21.42%		18.42%		8.57% (08/13/2001)	37.53%	20.10%	17.25%
											Russell 1000 Growth Index
Vanguard Windsor II Fund Adm	VWNAX 0573	0.26%	2.60	6.22%		9.72%		10.96%		6.79% (05/14/2001)	-5.03%	7.66%	9.95%
											Russell 1000 Value Index
International Stock Funds
Dodge & Cox International Stock	DODFX 2491	0.63%	6.30	–9.43%		2.21%		3.13%		5.83% (05/01/2001)	0.49%	5.26%	4.62%
											MSCI EAFE NR USD
Vanguard FTSE A-W ex-US Ix Inst Pl	VFWPX 1866	0.06%	0.60	3.78%		6.44%		—		3.88% (12/16/2010)	3.55%	6.49%	4.32%
											FTSE All-World ex US Index
Client Specific Funds
Self-Directed Brokerage	— 2733	—	—	—		—		—		—	—	—	—
											—

** Returns are adjusted for fees where applicable. Click a fund name to view the fund profile for additional detail.

The performance data shown represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, so that investors' shares, when sold, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data cited.

Performance data for periods of less than one year do not reflect the deduction of purchase and redemption fees. Some funds may have administrative expenses related to the cost of employer plan recordkeeping, which are not reflected in the figures. If these fees were included, the performance would be lower. All other performance data are adjusted for purchase and redemption fees where applicable. Click a fund name to view the fund profile for additional detail.

©2007 Morningstar, Inc. All Rights Reserved. Certain information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.