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Investment reports show positive one‑month and YTD returns for the plan
Summary
Verus Advisory reported IPOPIF returned 2.5% for the month and 5.6% year‑to‑date as of Feb. 28, 2026; State Street statements showed the board's custodial assets rose from $37.90M to $38.89M for the same period.
The board reviewed investment performance from IPOPIF and custodial statements from State Street for the period ending Feb. 28, 2026. Verus Advisory reported that IPOPIF delivered a one‑month total net return of 2.5% and a year‑to‑date return of 5.6%, with IPOPIF's market value listed as $15,692,914,645. State Street reported the board's custodial beginning value of $37,904,219.82 and an ending value of $38,889,942.94, a month‑to‑date net return of 2.60%.
The reports were presented for review; no formal investment reallocation or motion was recorded in the minutes. Greg Kiesewetter of Cook Castle Associates attended via videoconference earlier in the meeting and later departed at 10:29 a.m.
