Investment Information

Investment Objective & Strategy

The Inflation Sensitive Strategy seeks to provide participants
diversified exposure to a broad range of inflation sensitive
investments that respond to different types of inflationary
environments.
The Strategy invests in inflation linked securities of US
and Non-US issuers, commodities, emerging market
currencies, real estate securities and gold. The Strategy may
also tactically use floating rate securities. Investments in this
category typically exhibit returns that are at least partially
correlated to inflation over the long term. The investment
manager actively manages the overall allocation among
these asset classes as well as the underlying investments in
an effort to control risk and enhance returns. Unit price, yield
return will vary.
Fees and Expenses as of 06-30-14
Management Fee 0.90%
Plan Admin Fee 0.00%
All Others 0.15%
Total Fee as a % 1.05%
Total Fee per $1000 Investment $10.50
Management Company
Pacific Investment Management Co
Volatility and Risk
Volatility as of .
Low Moderate High
Category
The volatility measure is not displayed for investments with
fewer than three years of history. The category average,
however, is shown above.
Best 3 Month Return Worst 3 Month Return
. .
Performance
5
10
15
20
0
-5
-10
-15
Total Return%
as of 06-30-14
Investment
Benchmark
Average annual, if greater
than 1 year
YTD 3 Month 1 Year 3 Year 5 Year Since Inception
. . . . . . Investment Return %
7.23 3.04 6.36 1.36 6.62 -0.20 Benchmark Return %
Portfolio Analysis
Composition as of 06-30-14 %Net
U.S. Stocks 2.6
Non-U.S. Stocks 2.0
Bonds 79.8
Cash -19.9
Other 35.4
.............................................................................................
-100 -50 0 50 100
Total 100.0
Note: Stocks include REITs. Bonds include Inflation Linked Bonds. Other
includes currency, precious metals and commodities.
Top 10 Holdings as of 06-30-14 % Assets
Fin Fut Euro$ Cme 12/14/15 12-15-15 9.58
US Treasury TIP 07-15-22 8.14
US TREASURY TIP 01-15-23 7.55
US Treasury TIP 04-15-18 7.55
Irs Usd 0.750 09/17/14-1y (Wht) Cme 09-17-15 5.79
.............................................................................................
Irs Aud 4.000 06/18/14-5y Cme 06-18-19 5.59
US TREASURY TIP 07-15-19 4.42
US Treasury TIP 1.125% 01-15-21 4.01
NYSE/Liffe 10 Year US Treasury Note Future
June14 06-26-14
3.23
Pimco Fds 10-03-14 3.02
...........................................................................................................
Total Number of Stock Holdings 940
Total Number of Bond Holdings 335
Annual Turnover Ratio % .
Top 10 Countries as of 06-30-14 % Assets
United States 84.66
Australia 1.92
Netherlands 1.47
Brazil 1.41
Chile 1.01
...........................................................................................................
Cayman Islands 0.97
France 0.83
China 0.77
Mexico 0.71
India 0.59
Morningstar Equity Style Box as of 06-30-14 % Mkt Cap
L
a
r
g
e
M
i
d
S
m
a
l
l
Value Blend Growth
Giant 20.13
........................................................
Large 29.46
Medium 38.63
Small 11.76
........................................................
Micro 0.02
Morningstar Bond Sectors as of 06-30-14 % Fund % Category
Government 64.92 25.12
Corporate 3.77 33.39
Securitized 3.65 17.56
Municipal 0.02 4.29
Cash & Equivalents 15.25 16.19
Other 12.40 3.45
Credit Analysis: % Bonds
Not Available
Bond Maturity Breakdown as of 06-30-14
% Bonds
1-3 Yrs 29.33
3-5 Yrs 15.41
5-7 Yrs 18.04
7-10 Yrs 20.61
10-15 Yrs 6.65
15-20 Yrs 0.69
20-30 Yrs 2.96
Over 30 Yrs 0.50
Release Date: 06-30-2014
Inflation Sensitive Strategy
....................................................................................................................................................................................................................................................................................................................................................
Benchmark Total Assets ($mil) Inception Date
Custom Benchmark 2.46 06-18-13
2014 Morningstar, Inc., Morningstar Investment Profiles 312-696-6000. All rights reserved. The 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 information. Past performance is no guarantee
of future performance. Visit our investment website at www.morningstar.com.
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The Halliburton Savings Plan (Plan) is intended to be
participant-directed plan as described in Section 404(c) of
the Employee Retirement Income Security Act of 1974, as
amended (ERISA). Therefore the fiduciaries of this plan are
generally relieved of liability for any losses that are the
result of any investment instructions given by a participant or
a beneficiary of the Plan.
The allocation directed to each underlying investment
manager under each investment option has been selected by
the Halliburton Company Investment Committee in
consultation with, Mercer Investment Consulting, Inc., the
investment advisor to the Plan. The individual investment
options will be reviewed periodically and the Investment
Committee will modify the allocations and/or underlying
investment managers when deemed appropriate.
An investment's principal value and investment return will
fluctuate, therefore the investor's unit values may be worth
more or less than at the time of the original investment. In
accordance with ERISA, the Plan assets are held in trust for
the exclusive benefit of participants and beneficiaries. As
with all 401(k) plans, assets are not FDIC-insured, may lose
value and are not guaranteed by a bank, the Plan sponsor or
other financial institution.
Reliable sources are utilized to produce these reports but
there is no warranty or guarantee that this data is accurate,
timely, or complete. Historic performance is not an indication
of future results and should not be relied upon to predict
future investment returns.
Contact Information
For current information, please visit
www.halliburton.com/totalrewards (if you are a current
employee) or www.netbenefits.com (if you are a former
employee). You may also call the Halliburton Benefits Center
at 1-866-321-0964 (international toll free, use your country's
AT&T access code, then 866-321-0964) or for toll call
857-362-5980, select option 2.
Principal Risk
The Inflation Sensitive Strategy invests in inflation related
assets including bonds and real assets. The principal value of
inflation-linked bonds (ILBs) adjusts with inflation. ILBs
decline in value when real interest rates rise and vice versa.
Treasury Inflation-Protected Securities (TIPS) are ILBs issued
by the U.S. Government. Commodities contain heightened
risk including market, political, regulatory and natural
conditions. REITs are subject to general equity stock market
risk, real estate market declines and adverse changes to REIT
tax laws. Foreign currencies may fluctuate in value relative
to the U.S. Dollar significantly over short periods.
Benchmark
45% Barclays U.S. TIPS Index/20% Dow Jones-UBS
Commodity Index Total Return/15% JPMorgan Emerging
Local Markets Plus (ELMI+)/10% Dow Jones US Select REIT
Total Return Index/10% Dow Jones - UBS Gold Subindex.
Performance
Investment option performance is determined after fees are
charged to the investment option and assumes reinvestment
of dividends and capital gains. Investment option
performance is compared with the benchmark index. An
index is an unmanaged portfolio of specified securities and
does not reflect any initial or ongoing expenses. The
investment option's portfolio may differ significantly from the
securities in the index.
Additional Fee Disclosure
The expense ratio is an asset-weighted blend of fees and
will fluctuate based on asset values and market conditions;
any fees quoted herein are subject to change. Transaction
costs incurred by the investment option for buying and
selling securities are not included in the expense ratio. These
costs, along with management fees, plan administration fees
and other fees are paid out of the investment option's assets,
reducing the rate of return realized by participants. There are
no entry or exit fees charged to participants who invest in
this investment option. Cumulative effect of fees and
expenses can substantially reduce the growth of a
participant's retirement account. Participants are encouraged
to visit the Employee Benefits Security Administration
website at www.dol.gov/ebsa for information and examples
demonstrating the long-term effect of fees and expenses.
Fees and expenses are only one of several factors that
participants and beneficiaries should consider when making
investment decisions.
Collective Trusts and Separate Accounts
Most of the Plan's investment options are structured using
institutionally managed separate accounts; this means the
accounts are managed only for participants in the Halliburton
Plans. Individual securities are bought and sold by
professional investment managers selected by the
Investment Committee. Common and Collective Trusts are
investment vehicles operated by banks or trust companies.
Neither common and collective trust funds nor separate
accounts are mutual funds. Unlike mutual funds, separate
accounts and collective trust funds are not subject to and are
not registered under the Securities Act of 1933 or the
Investment Company Act of 1940.
The Halliburton Company Employee Benefits Master Trust
owns the underlying assets in the separate accounts. The
Master Trust owns a unit in the common and collective trusts
in which it participates. The issuer (bank or trust company)
owns the underlying assets in a common or collective trust.
Morningstar Style Box
The Morningstar Style Box reveals a investment option's
investment strategy as of the date noted on this report. The
vertical axis shows the credit quality of the bonds owned and
the horizontal axis shows interest rate sensitivity as
measured by a bond's effective duration.
Disclosure
2014 Morningstar, Inc., Morningstar Investment Profiles 312-696-6000. All rights reserved. The 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 information. Past performance is no guarantee of future performance. Visit our investment website at
www.morningstar.com.
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