Sterling Heights General Employees' Retirement System Minutes 2026-05-21
Boyd Watterson quarterly fixed income fee approved
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Description
The board authorized payment of quarterly management fees to Boyd Watterson for managing $11.19 million in fixed income assets as of April 30, 2026. The fee was part of the $107,303.60 approved from fund assets.
Contract Details
Contract Amount
$11,192,441 assets under management; quarterly mgr fees (amount not listed)
Vendor
BOYD WATTERSON
Agency
City of Sterling Heights, MI
Contract Type
FINANCIAL_SERVICES
Document Date
May 21, 2026
Contract Term
As of April 30, 2026 (assets); Q1 2026 (fees)
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