Defined Benefit Fund Public Fixed Income

The current targeted strategic allocation for the Fixed Income Asset Class is 21.7 percent for the Defined Benefit Fund:

• Core Fixed sub asset class has a targeted allocation of 10 percent in the Defined Benefit Fund
• TIPS sub asset class has a targeted allocation of 1 percent in the Defined Benefit Fund
• Emerging Markets Debt sub asset class has a targeted allocation of 6 percent in the Defined Benefit Fund
• Securitized Debt sub asset class has a targeted allocation of 1 percent in the Defined Benefit Fund
• High Yield sub asset class has a targeted allocation of 3 percent in the Defined Benefit Fund
• U.S. Treasury sub-asset class has a target allocation of 9 percent in the Defined Benefit Fund