Fund Tables for State Farm Mutual Fund Trust (Retail Funds)
Page 1 of 4
The following eight tables referencing our Retail Funds may be used in preparing your 2016 income tax returns.
Table 1 lists the percentage of income, separately by fund, earned each quarter from investment in U.S. Government Obligations. Also, we provided the percentage of
net assets invested in U.S. Government Obligations at the end of each calendar quarter. This information may be relevant in the preparation of your state income tax
return.
1
State Farm Mutual Funds®
Percent of Income & Net Assets from U.S. Government Obligations
Fund
1st Quarter
2nd Quarter
% Income from
% Net Assets
% Income from
% Net Assets
U.S. Government
Invested in U.S.
U.S. Government
Invested in U.S.
Obligations
Governments
Obligations
Governments
3rd Quarter
% Income from
% Net Assets
4th Quarter
% Income from
% Net Assets
Calendar Year
2016
% Income from
U.S. Government Invested in U.S. U.S. Government Invested in U.S. U.S. Government
Obligations
Governments
Obligations
Equity Fund
0.10%
0.58%
0.16%
0.51%
0.10%
0.21%
0.14%
Small/Mid Cap Equity Fund
0.10%
0.54%
0.13%
0.41%
0.23%
0.39%
0.36%
International Equity Fund
0.26%
0.73%
0.09%
0.63%
0.15%
0.34%
0.42%
Equity and Bond Fund
11.01%
5.72%
10.62%
5.72%
10.38%
5.30%
3.80%
Bond Fund
11.01%
13.46%
10.62%
13.54%
10.38%
13.03%
10.28%
Tax Advantaged Bond Fund
0.00%
0.00%
0.00%
0.00%
0.05%
0.30%
0.05%
Money Market Fund
6.11%
19.03%
30.26%
45.81%
35.31%
42.90%
39.45%
S&P 500® Index Fund
0.12%
0.71%
0.17%
0.65%
0.19%
0.67%
0.21%
Small Cap Index Fund
0.08%
0.42%
0.11%
0.33%
0.20%
0.29%
0.19%
International Index Fund
0.05%
0.41%
0.02%
0.03%
0.00%
0.00%
0.00%
LifePath® Retirement Fund
18.49%
20.72%
18.49%
20.72%
18.49%
20.72%
18.49%
LifePath 2020® Fund
14.66%
17.15%
14.66%
17.15%
14.66%
17.15%
14.66%
LifePath 2030® Fund
7.55%
9.33%
7.55%
9.33%
7.55%
9.33%
7.55%
LifePath 2040® Fund
2.00%
2.72%
2.00%
2.72%
2.00%
2.72%
2.00%
LifePath 2050® Fund
0.22%
0.23%
0.22%
0.23%
0.22%
0.23%
0.22%
100% of the income realized by the funds from U.S. Government obligations came from U.S. Treasury securities or non-pooled GNMA securities.
Governments
Obligations
0.46%
0.52%
0.39%
5.54%
13.18%
0.42%
44.87%
0.78%
0.22%
0.01%
20.72%
17.15%
9.33%
2.72%
0.23%
0.13%
0.20%
0.17%
7.34%
10.57%
0.03%
27.54%
0.17%
0.15%
0.02%
18.49%
14.66%
7.55%
2.00%
0.22%
This table serves as the requisite written notification to shareowners of the funds who are residents of those states requiring such notification. Inquiries regarding this notice should be
sent to: State Farm Mutual Funds, One State Farm Plaza, Bloomington, IL 61710-0001.
An investment in the Money Market Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government
agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund.
Fund Tables for State Farm Mutual Fund Trust (Retail Funds)
Table 2 lists the percentage of dividends paid by the Tax Advantaged Bond Fund that were federally
tax-exempt and federally taxable.
2
Page 2 of 4
Table 3 lists the percentage of distributions that qualify
for the 70% Federal Dividends Received Deduction for
corporations. This table is not relevant for shareowners
who are individuals.
3
State Farm Tax Advantaged Bond Fund
Dividends Paid in 2016
Percentage – Tax-Exempt and Taxable
U.S. Federal
U.S. Federal
Tax-Exempt
Taxable Interest
Month Ended
Interest Dividends
Dividends
January 30, 2016
99.90%
0.10%
February 29, 2016
99.90%
0.10%
March 31, 2016
99.90%
0.10%
April 30, 2016
99.90%
0.10%
May 29, 2016
99.90%
0.10%
June 30, 2016
99.90%
0.10%
July 31, 2016
99.90%
0.10%
August 31, 2016
99.90%
0.10%
September 30, 2016
99.90%
0.10%
October 30, 2016
99.90%
0.10%
November 30, 2016
99.90%
0.10%
December 31, 2016
99.90%
0.10%
The taxable portion (for regular income tax
purposes) of your dividends has been
reported to the Internal Revenue Service
(IRS) on Form 1099-DIV. This amount must
be included on your federal income tax
return.
Percentage of Distributions that
Qualify for the 70% Federal Dividends
Received Deduction for Corporations
Fund
Percentage Qualified
Equity Fund
100.00%
Small/Mid Cap Equity Fund
100.00%
The tax-exempt portion (for regular income
tax purposes) of your dividends, and any
specified private activity bond interest (which
may be taxable if you are subject to
alternative minimum tax), has been reported
to the IRS on Form 1099-DIV.
International Equity Fund
51.53%
International Index Fund
0.00%
For calendar year 2016, the percentage of
exempt interest dividends paid by the Tax
Advantaged Bond Fund that constitutes
private activity bond interest for federal
alternative minimum tax purposes is 0.01%.
LifePath® Retirement Fund
30.17%
LifePath 2020® Fund
27.86%
LifePath 2030® Fund
35.02%
LifePath 2040® Fund
44.47%
LifePath 2050® Fund
44.72%
Equity and Bond Fund
38.39%
S&P 500® Index Fund
100.00%
Small Cap Index Fund
100.00%
Table 4 lists the percentage of federally tax-exempt interest paid by the Tax Advantaged Bond Fund that was received from obligations in the states listed. This
information may be useful in preparing your state income tax return.
4
State
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
Florida
Georgia
Hawaii
Idaho
Illinois
Percentage of Federally
Tax-Exempt Income
2.87%
1.48%
8.10%
3.40%
4.34%
1.38%
1.47%
0.66%
3.94%
1.21%
0.74%
0.92%
0.00%
State Farm Tax Advantaged Bond Fund
Allocation of Federally Tax-Exempt Income by State
For Dividends Paid January 1, 2016 through December 31, 2016
Percentage of Federally
Percentage of Federally
State
Tax-Exempt Income
State
Tax-Exempt Income
1.30%
2.51%
Indiana
Nebraska
2.22%
0.00%
Iowa
Nevada
3.10%
0.13%
Kansas
New Hampshire
1.47%
3.61%
Kentucky
New Jersey
0.04%
1.40%
Louisiana
New Mexico
0.11%
2.99%
Maine
New York
0.92%
3.13%
Maryland
North Carolina
1.08%
0.28%
Massachusetts
North Dakota
5.70%
3.42%
Michigan
Ohio
0.77%
1.13%
Minnesota
Oklahoma
0.61%
3.63%
Mississippi
Oregon
2.17%
2.76%
Missouri
Pennsylvania
0.39%
0.77%
Montana
Rhode Island
State
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
Percentage of Federally
Tax-Exempt Income
5.26%
0.00%
2.81%
2.70%
0.69%
0.00%
2.74%
4.75%
3.20%
1.71%
0.00%
Fund Tables for State Farm Mutual Fund Trust (Retail Funds)
Page 3 of 4
Table 5 indicates miscellaneous information that may be needed for state tax preparation or is required by state governments.
5
State Information
State
Fund
Information
California
Tax
Advantaged
Bond Fund
Exempt Interest Dividends have been reported to the California Franchise Tax Board. It is your
responsibility to report this information on your state income tax return.
Minnesota
Tax
Advantaged
Bond Fund
100% of the exempt income reported on tax form 1099-DIV is subject to MN income tax.
Table 6 provides information regarding foreign taxes paid and foreign source income earned by the International Equity Fund. The
first column provides the per share amount of creditable foreign taxes paid by the fund. The remaining three columns show
percentages for: fund income attributable to I.R.C. Section 901(j) countries, fund income attributable to other foreign countries, and
fund income that is qualified dividend income (QDI). This table should help you complete either Form 1116, Foreign Tax Credit
(Individual, Estate, or Trust) or Form 1118, Foreign Tax Credit – Corporations.
6
State Farm International Equity Fund
2016 Foreign Tax Credit Information
Creditable Foreign Taxes Paid
Per Share
0.01516
Percentage of Fund Dividends
Attributable to I.R.C. Section
901(j) Countries
0.00%
Percentage of Fund Dividends
Attributable to Other Foreign
Countries and U.S. Possessions
89.55%
Percentage of Fund Dividends
Allocable to Foreign
Sourced QDI
77.46%
Table 7 provides information regarding foreign taxes paid and foreign source income earned by the International Index Fund. The
first column provides the per share amount of creditable foreign taxes paid by the fund. The remaining three columns show
percentages for: fund income attributable to I.R.C. Section 901(j) countries, fund income attributable to other foreign countries,
and fund income that is qualified dividend income (QDI). This table should help you complete either Form 1116, Foreign Tax
Credit (Individual, Estate, or Trust) or Form 1118, Foreign Tax Credit – Corporations.
7
State Farm International Index Fund
2016 Foreign Tax Credit Information
Creditable Foreign Taxes Paid
Per Share
Percentage of Fund Dividends
Attributable to I.R.C. Section
901(j) Countries
Percentage of Fund Dividends
Attributable to Other Foreign
Countries and U.S. Possessions
Percentage of Fund Dividends
Allocable to Foreign
Sourced QDI
0.03104
0.00%
99.95%
90.73%
Fund Tables for State Farm Mutual Fund Trust (Retail Funds)
Table 8 provides information regarding foreign taxes paid and foreign source income earned by the LifePath Retirement ®, LifePath
2020 ®, LifePath 2030 ®, LifePath 2040 ®, and LifePath 2050 ® Funds. The first column provides the per share amount of creditable
foreign taxes paid by the fund. The remaining three columns show percentages for: fund income attributable to I.R.C. Section
901(j) countries, fund income attributable to other foreign countries, and fund income that is qualified dividend income (QDI). This
table should help you complete either Form 1116, Foreign Tax Credit (Individual, Estate, or Trust) or Form 1118, Foreign Tax
Credit – Corporations.
8
State Farm LifePath Funds
2016 Foreign Tax Credit Information
Fund
LifePath® Retirement Fund
Creditable Foreign Taxes
Paid Per Share
Percentage of Fund
Dividends Attributable to
I.R.C. Section 901(j)
Countries
Percentage of Fund
Dividends Attributable to
Other Foreign Countries
and U.S. Possessions
Percentage of Fund
Dividends Allocable to
Foreign
Sourced QDI
0.00378
0.00%
14.25%
11.67%
LifePath 2020® Fund
0.00580
0.00%
18.44%
15.09%
LifePath 2030® Fund
0.00903
0.00%
27.02%
22.09%
LifePath 2040® Fund
0.01217
0.00%
34.00%
27.79%
LifePath 2050® Fund
0.00886
0.00%
36.99%
30.20%
“S&P 500®” is a trademark of The McGraw-Hill Companies, Inc. and has been licensed for use by the State Farm Mutual Fund Trust. The State Farm S&P 500® Index Fund (the
“Fund”) is not sponsored, endorsed, sold or promoted by Standard & Poor’s and Standard & Poor’s makes no representation regarding the advisability of investing in the Fund.
LifePath®, LifePath® Retirement, LifePath 2020®, LifePath 2030®, and LifePath 2040®, and LifePath 2050® are all registered trademarks of BlackRock Institutional Trust Company,
N.A.
Foreign investments involve greater risks than U.S. investments, including political and economic risks and the risk of currency fluctuations.
This information should assist an individual who is a citizen or resident of the United States with filing his/her 2016 federal and state income tax returns, but it is not
intended to serve as legal or tax advice. For any specific tax questions, you should contact the Internal Revenue Service (IRS) at 1-800-829-1040, or consult your tax
advisor.
Tax forms will be mailed to shareowners at the end of January 2017. Your individual tax information can be viewed prior to the actual tax form being mailed when you access your
account under the Mutual Funds tab on statefarm.com ®. Planning ahead is important during tax season. Allocate enough time for unexpected situations that may arise (e.g., mail
delays). It is a good idea to keep all of your year-end records for each year that your account is open. This will allow you to access your information without any delay. To request
a duplicate year-end 2016 record or tax form to be mailed to your address of record, please call us at 1-800-447-4930. It will take a minimum of five days to receive your duplicate
record.
Fund Tables for State Farm Mutual Fund Trust (Retail Funds)
Page 4 of 4
At State Farm Mutual Funds, representatives in our Mutual Funds Response Center (800-447-4930) are ready to assist you. However, due to the tax season, we
anticipate heavy call volumes during the majority of our regular business hours: 8:00 a.m. to 6:00 p.m. CT Monday through Friday. Your call is important to us, and we
look forward to providing you with the best service possible.
Neither State Farm nor its agents provide tax or legal advice.
In order to comply with Treasury Department regulations, we advise you that this document was prepared to promote and support the marketing of State Farm Mutual Funds. It is
not intended to constitute tax advice, was not written or intended to be used by any taxpayer for the purpose of avoiding tax penalties that may be imposed on the taxpayer, and
cannot be used by any taxpayer for that purpose. Advice regarding the tax treatment of State Farm Mutual Funds should be sought from an independent tax advisor in light of
your particular circumstances.
One State Farm Plaza, Bloomington, IL 61710-0001,
1-800-447-4930
statefarm.com®