26-1140: Report

Description

Report

Summary

This document is an investment due-diligence report for the City of Delray Beach’s retirement plan, not legislation. As of June 30, 2026, the plan held approximately $15.4 million. Investments were allocated among U.S. equities (47.5%), asset-allocation funds (23.6%), specialty investments (13.6%), international/global equities (7.3%), fixed income (6.9%), and cash alternatives (1.1%). The report evaluates available funds using performance, risk, fees, diversification, and qualitative scores. Two funds were flagged for monitoring: the Large Cap Growth Fund III and Victory Sycamore Established Value R6, each receiving a score of 6. The information supports plan fiduciaries’ oversight and investment-selection decisions, while noting that past performance does not guarantee future results.