Retirement Fund - September 30 , 2007 Asset Allocation
September 30 , 2007 Asset Allocation ($ thousands)
Retirement Fund (1) (2)
|
Asset Allocation |
|||||
|
Sector |
U.S. |
Int'l |
Total |
% |
|
|---|---|---|---|---|---|
|
Equity |
Alliance Capital |
$258,656 |
$9,868 |
$268,524 |
9.0% |
|
AllianceBernstein |
129,021 |
17,604 |
146,625 |
4.9% |
|
|
American Century |
130,895 |
8,119 |
139,014 |
4.7% |
|
|
Artisan Partners |
161,226 |
4,578 |
165,804 |
5.6% |
|
|
EARNEST Partners |
198,239 |
0 |
198,239 |
6.7% |
|
|
GAMCO Investors |
176,532 |
5,216 |
181,748 |
6.1% |
|
|
TCW Asset Mgmt |
52,381 |
4,081 |
56,462 |
1.9% |
|
|
AllianceBernstein- Int’l |
0 |
168,888 |
168,888 |
5.7% |
|
|
Capital Guardian- Int'l |
0 |
247,339 |
247,339 |
8.3% |
|
|
JP Morgan |
0 |
178,071 |
178,071 |
6.0% |
|
|
Cap Guardian- Emerg |
0 |
130,918 |
130,918 |
4.4% |
|
|
Templeton Inv- Emerg |
0 |
107,111 |
107,111 |
3.6% |
|
|
Total |
$1,106,950 |
$881,793 |
$1,988,743 |
||
|
% |
37.2% |
29.7% |
66.9% |
||
|
Target Range |
27 - 37% |
16.5 - 36.5% |
43.5 - 73.5% |
||
|
|
|||||
|
Alternatives: Abs Return |
Bridgewater |
23,876 |
0.8% |
||
|
Ramius Capital |
31,162 |
1.0% |
|||
|
Total |
$55,038 |
||||
|
% |
1.9% |
||||
|
Target Range |
0 - 10% |
||||
|
|
|||||
|
Alternatives: Private Eq |
Cerberus Series Four |
4,435 |
0.1% |
||
|
Crosslink Crossover V |
15,000 |
0.5% |
|||
|
JF Lehman Equity II |
2,425 |
0.1% |
|||
|
MidOcean III-A |
2,538 |
0.1% |
|||
|
Oakwood V |
753 |
0.0% |
|||
|
Quadrangle Cap II |
3,705 |
0.1% |
|||
|
RiverVest II |
641 |
0.0% |
|||
|
Thompson Street II |
409 |
0.0% |
|||
|
Vectis Life Sci I |
3,218 |
0.1% |
|||
|
Vestar Capital V |
4,178 |
0.1% |
|||
|
Welsh Carson X |
6,399 |
0.2% |
|||
|
Total |
$43,701 |
||||
|
% |
1.5% |
||||
|
Target Range |
0 - 10% |
||||
|
|
|||||
|
Real Estate |
RREEF America II |
96,445 |
3.2% |
||
|
TA Realty Fund V |
23,096 |
0.8% |
|||
|
Ta Realty Fund VIII |
37,550 |
1.3% |
|||
|
Total |
$157,091 |
||||
|
% |
5.3% |
||||
|
Target Range |
2.5 - 12.5% |
||||
|
|
|||||
|
Fixed Income |
Capital Guardian |
270,188 |
9.1% |
||
|
PIMCO Global F.I. |
258,497 |
8.7% |
|||
|
Total |
$528,685 |
||||
|
% |
17.8% |
||||
|
Target Range |
12 - 22% |
||||
|
|
|||||
|
TIPS |
NISA TIPS |
101,095 |
3.4% |
||
|
PIMCO TIPS |
99,570 |
3.3% |
|||
|
Total |
$200,665 |
|
|||
|
% |
6.7% |
||||
|
Target Range |
2 - 12% |
||||
|
|
|||||
|
Fund |
$2,973,923 |
100.0% |
|||
|
Cash for benefit payments |
23,589 |
||||
|
Total Fund |
$2,997,512 |
||||
Notes:
- All amounts are U.S. dollars; all amounts are market value.
- Percentages shown are on the base of invested assets; i.e., they do not include the cash for benefit payments.
Reviewed 2011-02-22.