The Stock Fund is fully vested in equity, although some level of cash reserves is maintained depending on market conditions.  The portfolio consists of common stocks of quality companies with strong balance sheets listed on the major stock exchanges.  Approximately 90% of the fund is invested domestically, and approximately 10% is invested in international equities. Cash reserves consist of U.S. Treasury bills, high quality money market funds or high-grade commercial paper.

The domestic portion of the fund is managed by Bowen, Hanes and Company; the international portion by The Delaware Group. Citigroup serves as custodian.  

View the Plan's Quarterly Performance

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