Southfield Retiree Health Care Benefits Plan and Trust Minutes Feb 2026
Board Allocates $1M to PIMCO Income Fund
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Description
The Board approved investing $1,000,000 from the Cash Fund into the PIMCO Income Fund to adjust the trust’s fixed-income exposure. This allocation is part of a coordinated $5 million rebalancing strategy.
Contract Details
Contract Amount
$1,000,000
Vendor
PIMCO INCOME FUND
Agency
Town of Southfield, MI
Contract Type
FINANCIAL_SERVICES
Document Date
February 10, 2026
Renewal Info
Single allocation transaction under existing investment platform; no explicit renewal provisions are described.
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