City of Palmetto Police Officers' Pension Board of Trustees Agenda Packet 2026-05-18
Pension Board Ratifies Sawgrass Fixed-Income Management Fee
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Description
The Police Officers' Pension Board will ratify a $1,682.07 payment to Sawgrass Asset Management for quarterly management of the High Quality Core Fixed Income portfolio valued at approximately $2.69 million. The fee is based on a 0.25% annual rate applied to assets under management.
Contract Details
Contract Amount
Invoice dated 04/08/2026; $1,682.07
Vendor
SAWGRASS
Agency
City of Palmetto, FL
Contract Type
FINANCIAL_SERVICES
Document Date
May 18, 2026
Contract Term
Quarterly fee for period ending 03/31/2026
Renewal Info
Ongoing investment management agreement with Sawgrass for core fixed income, billed quarterly at 0.25% of assets under management.
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