The AGL Resources 401k Plan was last scanned in 2008. The Balanced portfolio that year invested 93% of the Plan in the stable value fund and this year only 26.5%. Things are improving. Company stock AGL is still the largest holding of the employee portfolio at 35.2% of Plan but only 2.6% of the Balanced portfolio. Another big difference in the two portfolios is PTTRX, which has a 5yr APR over 8% and is 23.5% of the Balanced portfolio but less than 5% of the employee portfolio. Interesting. Employees near or in retirement may want to take another look at total return income funds. Morningstar and others have designed in-retirement portfolios that may be of interest.
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