@retprincipal07 @CapitolViewAR I appreciate your response; however, we are limited by statute and policy and can only invest in a very specific set of fixed income securities.
@ARTreasurer @CapitolViewAR Not any where near as good as an index fund with no front or back end loads or 12b1 fees Maintenance costs below 1%
I gave my first quarter report for FY 2020 to the State Board of Finance today for the period from July 1-Sept. 30. We receipted a total of $22.6 million from all investments combined. That amounts to a quarterly weighted average yield of 2.37%:
This week's Veteran feature is Col. Tom Warner Thomas of Searcy, whose decorations include the Bronze Star, the Legion of Merit, 6 awards of the Meritorious Service Medal, the Air Medal, and 9 awards of the Army Commendation Medal. He is very active in civic service in Searcy.