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Troy: fund’s balanced portfolio returned roughly 14% over three years; fixed income yields about 4.2%
Summary
At a board meeting, presenter Troy reported strong recent returns for the fund — roughly 14% over three years for a 50/50 mix — and said the fixed-income sleeve yields about 4.2% with a duration near four years, while noting concentration in large-cap tech and portfolio exposure to AI names.
Troy, the presenter, told the board overseeing the plan that the fund produced "very strong returns," saying the balanced 50/50 allocation returned about 14% over the last three years and that the fund’s recent total return was "over 7%." He cautioned that multi-year performance can vary but noted the three- and five-year returns are "pretty much right on the indexes."
The presenter gave specific portfolio metrics: "current annualized yield is about 4.2%, effective duration about 4 years," and added that the average…
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