The CONSOL Energy 401k plan Balanced portfolio improved slightly over last year. Company stock CNX helped a little but the 3 largest holdings are still very conservative; the stable value fund SVF.hpx in the scan, and 2 bond funds PTTRX and VBMFX. The portfolio 5yr performance is good APR = 5.84% with a Sharpe ratio of 1.50. The employee portfolio is also conservative with 53.8% of their portfolio in the stable value fund but they invested 14.2% of the portfolio in company stock and that raised their volatility risk but not their 5yr return. This plan is sound but it could use a few more good equity funds with for example commodity exposure.
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