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IPOPIF posts positive February return while State Street holdings show March decline
Summary
Verus Advisory reported an IPOPIF month-to-date return of 2.5% for the period ending Feb. 28, 2026; the board's State Street statement for March 31, 2026 showed an ending value of $48,690,640.52 and a month-to-date net return of -4.4%.
The board reviewed investment performance materials: the IPOPIF Investment Performance Review prepared by Verus Advisory, Inc. for the period ending Feb. 28, 2026 showed a month-to-date return of 2.5% for IPOPIF.
Separately, the State Street statement for the period ending March 31, 2026 reported an ending value of $48,690,640.52 and a month-to-date net return of -4.4%. Trustees reviewed both reports as part of routine oversight; no motions were taken specific to portfolio changes at this meeting.
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