Tampa General Boosts Target to Fixed Income

At the January 16th Retirement Board meeting, the City of Tampa General Employees Retirement approved of changes to the Plan’s target allocation mix.

The following allocation updates were approved: 

• Diversified Fixed Income: 25% (+5%)
• U.S. Large Cap Equity: 19% (-2%)
• U.S. Small Cap Equity: 10% (-1%)
• International Developed Equity: 15% (-2%)

ACG assisted with the recommendations.

As of December 31, the Fund had a market value of $797 million.

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