3. FINANCIAL AGENDA

Police Pension Board Meeting · 2026-05-05 · agenda_item

The Police Pension Board of the City of Kissimmee, Osceola, has reviewed investment reports and approved changes to the pension fund's holdings. This includes moving $2 million from the R&D pension account to the Pimco Diversified Income fund. Additionally, the board approved terminating the Brandywine Global fund, which holds approximately $18 million, and splitting those funds equally between BNY Mellon Investment Adviser and Fidelity Management & Research Co. The board also approved terminating Winslow Capital Management, holding about $20 million, and investing those funds equally in Alger Capital Appreciation Institutional and the Fidelity Large Cap Growth Index. Finally, the Investment Policy Statement was updated. These actions represent completed investment decisions, not new construction or development projects. Therefore, there are no direct contracting or supply opportunities for local businesses at this time.

2M

2 million dollars

18M

18 million dollars

20M

20 million dollars