Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Lebanon County pension fund posts small Q1 loss; managers report year-to-date recovery and conservative fixed-income strategy
Summary
The pension plan fell about 0.51% in the first quarter, ending March 31 at $135.36 million; presenters reported a year-to-date rebound (~+1.37% as of mid-May), a 65/28/6 allocation (equity/fixed income/alternatives) and a conservative fixed-income posture emphasizing high-quality corporates.
Investment consultants and Madison Investments presented first-quarter results for the Lebanon County pension fund and described portfolio positioning and recent performance at Wednesday’s meeting.
Pension consultants reported the plan began the year at about $138.7 million and, after distributions and market movement through March 31, stood at $135,363,914 — a decline of roughly 0.51% for the quarter. Presenters said more recent year-to-date figures through mid-May show a recovery: as of the brief update delivered at the meeting the plan was up about 1.37% year to date and valued at roughly $136.6…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
