Friday, December 23, 2011

State of Texas 401k (457) Plan PSDS Scan 12-31-2010



The Texas 401k (457) Plan closed its stable value fund option to new investments in 2009 and it is not in the scan this year. The Balanced portfolio's three largest holdings are the money market fund VMMXX in the scan, a bond index fund AGG and a target date retirement fund WOTDX. I have no information on employee asset allocation and posted a uniform portfolio for comparison purposes. The Balanced portfolio 5yr APR is 4.86% a little below average again this year. The Plan might consider a good Sector fund like an emerging market or commodity investment option.

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