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Oldsmar firefighters’ pension fund posts modest quarterly gain; consultant warns of continued volatility
Summary
An investment consultant told the Oldsmar Firefighter Pension Board the fund started the quarter near $12.6 million and delivered a small gain (about 1.21%) for the quarter, with sharp month‑to‑month swings tied to geopolitical events; the board was told formal quarter‑end reports arrive several weeks after quarter close.
An investment consultant told the City of Oldsmar Firefighter Pension Board on April 30 that the fund began the quarter at roughly $12.6 million and produced a modest gain for the period.
"You started the quarter with about 12.6 million," the Investment Consultant said, reporting contributions of roughly $142,000, earnings near $153,000, distributions around $44,000 and expenses of about $10,500. The consultant summarized the quarter as "a fairly kind of benign quarter" and said…
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