OPEB Trust Investments


The investment philosophy of the Florida Municipal Pension Trust Fund (FMPTF) is to seek long-term growth of capital and income achieving consistent returns, while avoiding extreme volatility in the market. These portfolios use high quality stocks and bonds to help achieve our stated investment goals.

Portfolio Informational Statements
Portfolio Fact Sheets
Current Performance

Assets in the FMPTF are managed through the Florida Municipal Investment Trust (FMIvT) in the following portfolios:

Broad Market High Quality Bond Fund

  • Investment Manager: Atlanta Capital Management
  • Asset Class: Fixed Income
  • Benchmark: Lehman Brothers A+ Aggregate Index

Core Plus Fixed Income Fund

  • Investment Manager: Franklin Templeton and Pioneer
  • Asset Class: Fixed Income
  • Benchmark: Barclays Multiverse

High Quality Growth Portfolio

  • Investment Manager: Atlanta Capital Management
  • Asset Class: Large Cap Growth Equity
  • Benchmark: Russell 1000 Growth Index

Large Cap Diversified Value Equity Portfolio

  • Investment Manager: Hotchkis & Wiley
  • Asset Class: Large Cap Value Equity
  • Benchmark: Russell 1000 Value Index

Russell 1000 Enhanced Index Portfolio

  • Investment Manager: INTECH
  • Asset Class: Large Cap Equity
  • Benchmark: Russell 1000 Index

Diversified Small Cap Equity Portfolio

  • Investment Manager: Atlanta Capital Management
  • Asset Class: Small Cap Equity
  • Benchmark: Russell 2000 Index

International Blend Portfolio

  • Investment Manager: InvesTech
  • Asset Class: International Equity
  • Benchmark: MSCI EAFE Index

Investment services provided the OPEB Trust:

Investment Management

  • Oversight by the Fund's Board of Trustees
  • Investment Advisory Committee to review performance of managers
  • An investment policy
  • Detailed investment and trust reports
  • Broad selection of investment asset classes
  • Three different asset allocation models
  • Monthly rebalancing of assets

Performance Monitoring

  • Quarterly portfolio reports
  • Quarterly market overviews
  • Year round administrator and compliance monitoring

Custodial Services

  • Nationally recognized custodian to safeguard and administer funds
  • Monthly Statements

The FMPTF currently has three asset allocation strategies*.

                       ACTURIAL ASSUMPTION

50% Equity – 50% Fixed                                6.5%

60% Equity – 40% Fixed                                7%

70% Equity – 30% Fixed                                7.5%

*Members may elect a custom asset allocation at an additional cost of $3,000/yr.
50 50 Allocation Graph
60 40 Allocation Graph
70 30 Allocation Graph

For more information, contact Jeremy Langley at 850.552.5224 or Nicolle Bournival at 850.701.3630.