Galliard Stable Value Fund

00 per share, it is possible to lose money by investing in the fund. 00 for 2018. 5% of plan assets); and, • As of June 30, 2013, the combined Target Date Funds (TDFs) totaled $475 million (19. Additionally, a portion of the Plan’s assets are invested in the Company’s common stock. Fund: Symbol: Aggressive: Moderate: Conservative: Vanguard Institutional Index: VIIIX: 25%: 15%: 10%: TCM Small-Mid Cap Growth: TCMMX: 10%: 6%: 4%: Artisan Small Cap. Best Vanguard Funds for Stability: Vanguard Wellesley Income (VWINX) Expenses: 0. The challenge of stable value fund benchmarking centers around two unique attributes: 1. 8 billion in assets for institutional investors. This plan has a BrightScope Rating of 45. Investment Overview. At the end of March, the average stable value yield was 2%. The Fund utilizes high credit quality stable value contract issuers, with an emphasis on diversification. Corporate bonds and government obligations are valued at the bid price or the. Start a 14-day free trial to Morningstar Premium to unlock our. Workers had accused the companies of investing too much of the stable value fund assets in short-term money market funds and cash accounts that provided an extremely low yield. London-based Galliard and Nyxeon employ 33 people, providing services to global pharmaceutical companies, healthcare-related organisations and charities. The number of shares owned would be constant. 'he future. The Stable Value Fund invests in a separate account managed by Galliard Capital Management. Fist Investors Fund. Fund characteristics. For further information on the Fund, see your company representative. Ford has announced changes to the investment menu within the Health Savings Account (HSA). Galliard has formed a joint venture with Cain Hoy, which is named after a racehorse stable owned by legendary US businessman Harry Guggenheim. Stable value collective funds are not FDIC insured and are not guaranteed by Wells Fargo or any affiliate including Galliard Capital Management. 8 billion in assets for institutional investors. Stable value funds are often made available in these plans under a name that intends to describe the nature of the fund. 68: Wells Fargo Stable Return Fund N35: 1. 68: Morley Stable Value Fund Class 50 - I: 1. Valuation Frequency Daily Effective Duration 2. The Board of Directors and Plan Participants. Advisor: GalliardCapitalManagement,Inc. To prevent yield chasing, stable value funds generally contain “equity wash rules” limiting transfers to competing investments such as a money market fund or short-term bond fund. Returns may have been impacted by the effect of compounding and have been rounded to the nearest basis point. The Ericsson Stable Value Fund (the "Fund") is an investment option that seeks to provide safety of principal and a stable credited rate of interest, while generating competitive returns over time compared to other comparable investments. The Board is requesting extension of both of these contracts. , will be closing and will be replaced The new Stable Value Fund will be managed by Galliard and will have similar objectives as the current • ou as a result of this change. The ICP invests in a diversified portfolio of stable value. 54% (Annualized) This fund is designed to preserve your investment principal and generate stable predictable rates of return primarily through a range of fixed income investments. government treasuries, corporate debt securities, and other high-credit-quality asset-backed securities. 0 Reliance MetLife Series 25157 Cl 0 US Money Market - Taxable YTD Actual Qtr. The Galliard Fund is exclusively managed for the Plan by Galliard Capital Management, Inc. California Public Employees' Retirement System's staff is recommending the $128 billion fund invest in European, Asian and Latin American real estate investments for the first time. A formal RFP process was used to select the Stable Value Fund Manager, the Target Date Fund Investment Manager, and the Third Party Administrator (record keeper). State Street Global Advisors, Boston, MA. Rowe Price Fund will not be completed until October 2017. 31, 2021, the guaranteed annual effective crediting rate is 2. The Fund is not a mutual fund and is not registered as an investment company under the Investment Company Act of 1940. The Committee engaged in a question and answer session. All returns are calculated in U. » Wells Fargo Stable Value Fund – C » JP Morgan Core Bond Fund R6 » PIMCO Real Return Fund – I » MFS Total Return Fund – R4 » Vanguard Institutional Index Fund – I » American Funds Investment Co America R6 » MFS Mid Cap Value R6 » MassMutual Select Mid Cap Growth Equity Fund II, Class I » MFS Growth Fund – R6. Stable value funds typically invest in a variety of investment contracts, including traditional Guaranteed Investment Contracts (GICs), Security Backed Investment Contracts (also. Mutual fund products and the Galliard Stable. (c) Represents the Fund’s portion of the underlying fully benefit-responsive investment contracts at fair value held by Wells Fargo Stable Return Fund G. Learn more about their investments and net worth. WELLS FARGO STABLE VALUE FUND C SECOND QUARTER 2020 ABOUT GALLIARD Galliard specializes in stable value and fixed income management and currently manages $95. Stable Value Fund review D. Subject: Stable Value Fund A. The safety of these funds therefore depends on both the fund’s investments as. If you have any questions or would like to receive these documents electronically, please contact Victory Capital at 800-235-8396 (USAA Funds) or 800-539-3863 (Victory Funds). California Public Employees' Retirement System's staff is recommending the $128 billion fund invest in European, Asian and Latin American real estate investments for the first time. FEES AND EXPENSES The following table shows Galliard's fees and expense information for this investment option. A principal risk of the Fund is investment contract risk. Galliard Stable Value Fund - Classified as Level 2 as investment contracts are valued at fair value by discounting the related future payments based on current yields of similar instruments with comparable duration considering the creditworthiness of the issuer. John hagee 2020Dec 09, 2020 · If Galliard, a Wells Fargo subsidiary specializing in stable value funds, "were to be carved out," in a potential sale of Wells Fargo Asset Management, "it maintains the investment capabilities , , , , , Wells Fargo Companymn. 5% RhumbLine Advisors, LP Multi‐Sector Bond Fund 9. 5% Agincourt Capital Management, LLC Wells Fargo Stable Value Fund 15. Instead, you have to move your money first to, say, a stock. San Francisco City & County Employees' Retirement System rehired Galliard Capital Management as stable value fund manager for its $3. Address 800 LaSalle Avenue, Suite 1400. The unitized VRS investment portfolio (VRSIP) is managed by VRS. Each type of stable value fund has its own unique characteristics, and all face benchmarking challenges. District Court for the District of Rhode Island has recommended that claims in a suit against CVS Health Corporation, its Benefits Plan Committee and its stable value fund manager Galliard Capital Management be dismissed. State Street Global Advisors, Boston, MA. Mike Norman, partner at Galliard Capital Management, concedes the concept behind the rise of stable value funds is driven by money market reform, but he also claims that word is getting out about the intermediate bond risk/return profile, one without money market funds’ daily volatility. The most common stable-value portfolios invest in a diversified portfolio of bonds and enter into wrapper agreements with financial companies to. Fund Effectiveduration 2. Stable value portfolio review - jrb stable value interest fund. Increasing your exposure to those investments might. Principal Stable Value Fund While stable value is generally considered a conservative investment option, stable value assets do carry potential risks. The Fund utilizes high credit quality stable value contract issuers, with an emphasis on diversification. In response to a question, Mr. The Fund may lose value and may be worth more or less than the original cost when redeemed, and there is no assurance that the Fund’s objective will be achieved. • Leads Galliard’s team of stable value portfolio solutions analysts responsible for implementing transitions and supporting client relationships Stable Value Fund and directly managed. Find contact's direct phone number, email address, work history, and more. The Gross Value Code is. The Fund is designed for investors seeking more income than money market funds without the price fluctuation of stock or bond funds. 5% RhumbLine Advisors, LP Multi‐Sector Bond Fund 9. The fund seeks to protect principal while providing higher return potential than more conservative investments. 4 billion assets under management and was one of the top three stable value providers nationwide. Galliard Stable Value Fund Unknow 50%: 0%: 20%: 30%: Total: 100%: 100%: 100% Last Updated July 24, 2018. A stable value fund is an insured bond portfolio, popular with investors that have low risk tolerances. IS A STABLE VALUE FUND A MUTUAL FUND? No. The Galliard Stable Value Fund is an investment option that seeks to provide safety of principal and a stable credited rate of interest, while generating competitive returns over time compared to other comparable investments. roland parts Five members of Varsity chased Will and David. Headquartered in Minneapolis, we focus exclusively on providing fixed income and stable value management services to institutional investors. 'perform in t Past performance is not an indication of how the investment will or any affiliate, including Galliard Capital Management. The Transamerica Stable Value Option is available under contract form number. Kelly Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. Galliard's stable value portfolios are managed with a conservative approach, while maintaining high quality and broad diversification through a disciplined value investing process and an emphasis on risk control. A stable value fund typically provides a participant market value protection through a "wrap contract" from an insurance company or other investment contract which guarantees the payment of plan benefits at book value, even when the market value of the stable value fund is insufficient to pay benefits. Valuation Frequency Daily Effective Duration 2. Investment Objective. The Fund utilizes high credit quality stable value contract issuers, with an emphasis on diversification. The fund is designed to have less return volatility than most bond funds. 67% in returns. Typically the NAV of a stable value fund increases daily as yield is added to (reinvested in) the fund. 65% : Stable Value. Category Description: Stable Value. The stable value asset class is available in corporate and governmental tax-qualified defined contribution plans as well as some tuition assistance plans. funds managed by BlackRock. The Fund will hold cash in order to maintain sufficient liquidity, and may also invest in traditional GICs. Galliard Capital Management’s stable-value funds, offered in 401(k) and other retirement plans, drew more than four times the usual inflows in August. A lively dance, popular in 16th and 17th century Europe; The triple-time music for this dance. The High-Yield Bond Fund invests in a collective trust fund managed by JPMorgan. Guideline Alignment B. Galliard “Put Notice” E. London-based Galliard and Nyxeon employ 33 people, providing services to global pharmaceutical companies, healthcare-related organisations and charities. WELLS FARGO STABLE VALUE CL Q. (b) Wells Fargo Stable Return Fund G is another Wells Fargo Bank, N. Retirement & Income Solutions Stable Value Stable Value Solutions Collective Investment Trust Partner Funds Collective Investment Trust Partner Funds You can enjoy the same benefits and cost efficiencies available to large-plan sponsors with a CIT that invests in a commingled separate account product. WELLS FARGO STABLE VALUE FUND C SECOND QUARTER 2020 ABOUT GALLIARD Galliard specializes in stable value and fixed income management and currently manages $95. Rowe Price Stable Value Fund. At the end of March, the average stable value yield was 2%. Performance shown for the Transamerica Stable Value Option is the annual effective credited rate for the period shown. 5% of plan assets); and, • As of June 30, 2013, the combined Target Date Funds (TDFs) totaled $475 million (19. Stable value funds are holding up well so far. So, while the value of the investments in a stable value fund can fluctuate on a daily basis, a participant is guaranteed to transact at “book value” by virtue of the fund’s insurance purchase. Galliard Capital Management Inc. About Galliard Retirement Income Fund Galliard Retirement Income Fund seeks safety of principal, adequate liquidity and competitive yield with low return volatility by investing in the Galliard. It may invest in a variety of investments, such as security-backed contracts and guaranteed investment contracts issued by. Jenkins shared data from the UK’s National Employment Savings Trust (NEST) which shows the default investment for a young participant is a more conservative asset allocation fund, similar to a 2025 TDF, that has about a 20% allocation to stable value-like investments. The Stable Value Fund (“Fund”) is a managed investment fund offered under the Plan exclusively for plan participants. Legislative Update 9. WELLS FARGO STABLE VALUE FUND C SECOND QUARTER 2016 INVESTMENT OBJECTIVEWELLS FARGO STABLE VALUE FUND C The Fund seeks safety of principal and consistency of returns while attempting to maintain minimal volatility. A stable value fund is an insured bond portfolio, popular with investors that have low risk tolerances. California Public Employees' Retirement System's staff is recommending the $128 billion fund invest in European, Asian and Latin American real estate investments for the first time. A new Vanguard commentary explains the characteristics of stable value and money market funds, and explores the risks and benefits plan fiduciaries should consider when deciding whether to offer stable value funds in defined contribution plans. District Court for the District of Rhode Island has recommended that claims in a suit against CVS Health Corporation, its Benefits Plan Committee and its stable value fund manager Galliard Capital Management be dismissed. The Stable Value Fund managed by, Galliard Capital. There is no separate ticker symbol for it. , custodian for the fund. The Morley Stable Value Fund (Fund) is a Collective Investment Trust (CIT) maintained by Union Bond and Trust Company (UBT). Stable value funds have long been a mainstay in defined contribution plans for good reason: they can offer the attractive benefits of principal preservation, volatility smoothing and a steady Karl Tourville, Founding Managing Partner and President of Galliard Capital Management, says the stable value. BNYM Mellon Stable Value Fund. This is distinct from a money market fund where NAV is constant but as interest is reinvested you own more shares. Galliard Stable Value Fund. 31, 2021, the guaranteed annual effective crediting rate is 2. Galliard Capital Management will attend the November 3, 2015 Board meeting to. The stable value funds are found almost exclusively in 401(k) and. If you have any questions or would like to receive these documents electronically, please contact Victory Capital at 800-235-8396 (USAA Funds) or 800-539-3863 (Victory Funds). The Fidelity Stable Value pools are separate funds of the Fidelity Group Trust for Employee Benefit Plans and managed by Fidelity Management Trust Company. Galliard Retirement Income Fund. Plan sponsors can consider a variety of investment vehicles when constructing the investment options in your retirement plan’s line-up, such as mutual funds, commingled investment trusts (CITs), or separately managed accounts. Stable-value portfolios seek to provide income while preventing price fluctuations. The city is required to issue an RFP every 5 years, but may be subject to limited period for extensions. For example a diversified stable value fund like the Vanguard Collective Trusts, will appear to have both a lower yield and higher fees than a General Account Product issued by AIG or a dozen. INVESTMENT STRATEGY The Stable Value Selection for Union Bank, managed by Galliard Capital. Important Information. The Galliard Managed Income Fund (the "Fund") is offered for direct investment by certain institutions such as retirement plans and employee benefit trusts. Stable value funds are composed of investment contracts issued by banks and insurance companies. Bond Fund (HABDX), PIMCO Low Duration Fund (PLDDX), and Neuberger Berman Mid Cap Intrinsic Value (NBRVX) are closed to new investors. The stable value asset class is available in corporate and governmental tax-qualified defined contribution plans as well as some tuition assistance plans. As the name implies, stable value funds are a type of cash fund that resembles a money market fund by offering protection of principal while paying stable rates of interest. Senior Director at Galliard Capital Management Minneapolis, MN. The Galliard Fund is exclusively managed for the Plan by Galliard Capital Management, Inc. Fourth Quarter 2020. **Galliard’s management of this portfolio began December 1, 2010. You can transfer the. Fund and the underlying collective funds are not insured by the FDIC, Federal Reserve Bank, nor guaranteed by Wells Fargo. Inception Date: 5/01/2017 Total Net Assets: $10,033,303 Trustee and Plan Administrator: Wells Fargo Stable Value Fund Q galliard. Although the Fund seeks to preserve the value of your investment at $1. 0% Galliard Capital Management, Inc. This mousetrap, called stable value funds, is marketed to retirement plan participants with a guarantee to a fixed rate of return over a pre-defined time period. Fund Effectiveduration 2. 54% (Annualized) This fund is designed to preserve your investment principal and generate stable predictable rates of return primarily through a range of fixed income investments. Galliard, a major player in the stable value market, has 85% of its $92 billion in total assets in stable value accounts, according to the firm's website. The firm is headquartered in Minneapolis. The Fund primarily consists of a diversified portfolio of Stable Value Investment Contracts (Investment Contracts) issued by life insurance companies, banks and other financial institutions, the. July 19, 2019. For more information about the Sub-Advisor, visit its website at www. CIT/Synthetic. San Francisco City & County Employees' Retirement System rehired Galliard Capital Management as stable value fund manager for its $3. 68: Morley Stable Value Fund Class 50 - I: 1. Martha Roby's estimated assets total ranges from $1,073,047. Yoerger added the product has a one-year put, in which AUL can hold the stable value assets for 365 days if a plan decides to move to another provider, thereby getting the best interest rate when. A series of other stable value collective investment funds managed and trusteed by Wells Fargo purchase interests in. A stable value fund is an investment option that's focused on the preservation of capital, so it retains the value of your cash regardless of what the stock and bond markets are doing. Galliard Capital Management, Inc. Any advice would. The investment advisor seeks to mitigate risk by investing in. A principal risk of the Fund is investment contract risk. VOYA Stable Value Fund The Fund seeks to provide safety of principal, adequate liquidity and a competitive yield with low return volatility. The fund seeks to maintain a stable net asset value of $1. 33 Fidelity® Mid Cap Index 9/8/2011 11. When this occurs, the importance of strong. It may invest in a variety of investments, such as security-backed contracts and guaranteed investment contracts issued by. Learn more about their investments and net worth. Growth Fund, Managed Retirement Moderate Fund, and Managed Retirement Real Asset Fund (six of the funds constituting the TD Ameritrade Trust Company Collective Investment Funds for Employee Benefit Plans), which comprise the statements of financial condition, including the schedules of. The fund’s intent to provide a stable pattern of returns and to exchange shares at book-value are supported by guarantee contracts purchased from insurance companies and other financial institutions. Wells Fargo Stable Return Fund G Fund Overview as of 12/31/13 Fourth Quarter 2013 / Wells Fargo Stable Value Fund C Inception Date October 1, 1985 Fund Assets $29,699,743,761 Fund Subadvisor Galliard Capital Management, Inc. The fund primarily invests in traditional guaranteed investment contracts and security-backed contracts issued by insurance companies and other financial institutions. 68: Wells Fargo Stable Return Fund N35: 1. The Plan was amended November 2, 2017,. 0 billion in assets for Direct transfers from the Stable Value Fund to the Self-Directed Brokerage Account (SDBA) could be limited under certain conditions. The First Quiet Period: November Stable Asset Fund Change Fund, managed by FAF Advisors Inc. A new Vanguard commentary explains the characteristics of stable value and money market funds, and explores the risks and benefits plan fiduciaries should consider when deciding whether to offer stable value funds in defined contribution plans. Book-value fund Managed by Galliard, a subsidiary of Wells Fargo Bank, our stable value fund pays a specified rate of return over your entire retirement timeline. com/stablevaluecollectivefunds 800. This includes. Performance data reflects a specific class of units. Investment Process: The Fund is primarily composed of investment contracts including Guaranteed Investment Contracts (GICs), Separate Account GICs, and Security Backed Investment Contracts. funds managed by BlackRock. Replacing the Stable Value Galliard Fund on the Fidelity ORP platform with the New York Life Stable Value Anchor Account (no other Fidelity changes); 1. Stable returns are achieved by amortizing the investments over their term and by actively managing the yield terms within the fund. These investment options are not mutual funds and are only available to eligible investors. The Fund invests in various Wells Fargo trusteed collective investment funds managed by Galliard Capital Management, Inc. Valuation Frequency Daily Effective Duration 2. Galliard Managed Income Fund. For more than 25 years, this approach has resulted in consistent long-term outperformance of our benchmarks, while minimizing volatility of the crediting rate. To prevent yield chasing, stable value funds generally contain “equity wash rules” limiting transfers to competing investments such as a money market fund or short-term bond fund. Therefore, these transactions qualify as party-in-interest transactions. (“Wells Fargo”) is investment manager and trustee. The Board is requesting extension of both of these contracts. (Galliard), a Minnesota corporation, as the Fund's sub-advisor, to provide investment advice and recommendations with respect to the investment of Fund assets. Galliard Capital Management FUND STARTED December 2000 EXPENSE RATIO Investment and Administrative Expenses 0. A new Vanguard commentary explains the characteristics of stable value and money market funds, and explores the risks and benefits plan fiduciaries should consider when deciding whether to offer stable value funds in defined contribution plans. 8 billion in assets for institutional investors. VOYA Stable Value Fund The Fund seeks to provide safety of principal, adequate liquidity and a competitive yield with low return volatility. Galliard invests some of the assets within the stable value fund in the WF STIFs. 02%, and diversified portfolios of short-term and intermediate-term bonds are yielding around 0. The plan issued an RFP in July because of the impending expiration of Galliard's contract. Subject: Stable Value Fund A. 50% Nationwide Bank 1-Year CD Nationwide Bank 1-Year CD (No Change) N/A Certificate of Deposit 0. Stable Value Fund Update: Matt Kline, Galliard provided an update on the Stable Value Fund. Learn more about this portfolio's investment strategy and policy. Learn more about their investments and net worth. stocks Active, Semi-passive, and Passive. CIT/Synthetic. Galliard Managed Income Fund. Collective investment funds pool together multiple plans to purchase stable value investments. The firm is headquartered in Minneapolis. There is no separate ticker symbol for it. Stable Value Fund The fair value of the stable value fund is based on the underlying investments. By comparison, the average taxable money fund is yielding 0. Date of Report 05/06/2009. Galliard Capital Management, Inc. In response to a question, Mr. 68: Morley Stable Value Fund Class 50 - I: 1. Galliard Capital Management, a wholly-owned subsidiary of Wells Fargo, serves as advisor to the Fund. 44 Years Number of Investment Contract. Plan sponsors can consider a variety of investment vehicles when constructing the investment options in your retirement plan’s line-up, such as mutual funds, commingled investment trusts (CITs), or separately managed accounts. Rowe Price Fund will remain in the Plan as. These investment options are not mutual funds and are only available to eligible investors. (As interest rates rise, bond prices usually fall, and vice versa. Wells Fargo Stable Return Fund G Fund Overview as of 12/31/13 Fourth Quarter 2013 / Wells Fargo Stable Value Fund C Inception Date October 1, 1985 Fund Assets $29,699,743,761 Fund Subadvisor Galliard Capital Management, Inc. Fund sponsor and manager: WellsFargoBank,N. The Stable Value Fund may be appropriate for someone seeking to safeguard principal or balance a portfolio having more aggressive investments. The Stable Value Fund invests in a separate account managed by Galliard Capital Management. This plan has a BrightScope Rating of 45. 5% of plan assets); and, • As of June 30, 2013, the combined Target Date Funds (TDFs) totaled $475 million (19. All contract issuers and securities utilized in the portfolio are rated investment grade by one of the Nationally Recognized Statistical. State Street Global Advisors, Boston, MA. Debt Index Fund — DoubleLine Total Return Bond Fund — Wellington Trust Core Bond Plus Fund 12 Real Return Option — SSgA Real Asset Fund 14 Large Company Value Stock Option — BlackRock Russell 1000 Value Fund 16 Stock Index Option. The Prudential Stable Value Fund is 100% invested in the Wells Fargo Stable Return Fund. 5% Metropolitan West Asset Mgmt. INVESTMENT STRATEGY The Ericsson Stable Value Fund, managed by Galliard Capital Management, is. investment, market cap and category. The Stable Value Fund is valued at contract value, which approximates fair value. JPMorgan Stable Value Fund can be transferred into a stock fund or bond fund at any time, or as often as your plan allows. But once the money is transferred to astock fund or bond fund, it must remain there for 90 days before you can transfer it into Vanguard Prime Money Market Fund. , a registered investment adviser (RIA) and a wholly-owned subsidiary of Wells Fargo. I was recently laid off and will be moving my 401k to an IRA. The Galliard Fund is exclusively managed for the Plan by Galliard Capital Management, Inc. 68: Morley Stable Value Fund Class 50 - II: 1. The other options are Lifestyle blends or higher ER. The Board is requesting extension of both of these contracts. "The stable value pooled fund marketplace is feeling certain unique pressures from wrap providers because of the book value put option," said portfolio manager Peter Chappelear, managing director. 17% , but will have a moderate amount of price volatility, especially if interest rates rise. Galliard Stable Value Fund stable value The investment seeks maximum current income consistent with liquidity and stability of capital. The Stable Value Fund invests in a separate account managed by Galliard Capital Management. Stable Value Fund review D. Learn about PZFVX with our data and independent analysis including NAV, star rating, asset allocation, capital gains, and dividends. Stable-value funds also come. Gross Value Code is J. The firm is headquartered in Minneapolis. The Fund is designed for investors seeking more income than moneymarketfunds withoutthe price fluctuation of stock or bond funds. Increasing your exposure to those investments might. The most common stable-value portfolios invest in a diversified portfolio of bonds and enter into wrapper agreements with financial companies to. the Vanguard Energy Fund was added as a new fund option. The underlying portfolio within a stable value fund is a short- to intermediate-term bond portfolio, therefore over most periods the fund will provide a term premium over a money market fund. The Fund’s assets are held in a custody account with Wells Fargo Bank, N. By comparison, the average taxable money fund is yielding 0. Galliard “Put Notice” E. Stable value hasn’t been a common investment in TDFs, as they typically. Plus, there is no minimum investment, which makes this a low-risk starter capital preservation fund for wary investors. The stable value funds are found almost exclusively in 401(k) and. Fund Category Inception Date Fund Assets Fund Advisor Expense Ratio Participant Withdrawals/Transfers. 13 Average Annualized Total Returns Individual Fund Choice Ticker YTD% Prospectus Gross Expense Ratio 1 Year % 3 Year. CIT/Synthetic. Instead, you have to move your money first to, say, a stock. Vanguard serves as record The Vanguard Fiduciary Trust Company is trustee and custodian for all assets and Participant accounts with the exception of the Master Trust. 19, through Nov. Rowe Price Fund will not be completed until October 2017. **Galliard’s management of this portfolio began December 1, 2010. the Vanguard Energy Fund was added as a new fund option. S TABLE VALUE MERRILL LYNCH FUND RETURN 1-3 Fourth Quarter 1. General Fund Asset Class: Stable Value/Money Market Category: Stable Value Investment Objective To provide safety of principal, adequate liquididty and a competitive yield with low return volatility. Mutual fund products and the Galliard Stable. Kelly Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. At December 31, 2018, the Plan’s stable value fund includes direct investments in fully benefit-responsive contracts and investments in common collective trust funds, managed by Galliard Capital. Stable Value fund is a bank collective fund, trusteed by Norwest Bank of Minnesota, N. She noted that public funds were the last to respond, but that the outflows from the product were consistent with Galliard’s other clients. The challenge of stable value fund benchmarking centers around two unique attributes: 1. [10] Risks. About Galliard Retirement Income Fund Galliard Retirement Income Fund seeks safety of principal, adequate liquidity and competitive yield with low return volatility by investing in the Galliard. 5% Metropolitan West Asset Mgmt. The ICP invests in a diversified portfolio of stable value. Galliard Retirement Income Fund CL 55 WGRIVX Price as of: Mar 19, 2021 Investment Style Stable Value; Do you know all the important aspects of mutual funds?. Galliard Stable Value Fund A Galliard Stable Value Fund A (No Change) N/A Stable Value 0. Galliard Capital Management Profile About Galliard was founded in 1995 as a wholly owned, independently operated investment management subsidiary of Wells Fargo Bank N. and managed by Galliard Capital Management, a wholly owned subsidiary of Norwest Bank of Minnesota, N. When this occurs, the importance of strong. The Fidelity Stable Value pools are separate funds of the Fidelity Group Trust for Employee Benefit Plans and managed by Fidelity Management Trust Company. 9% of plan assets). The Fund seeks to achieve its objective by investing in a variety of stable value investments such as Guaranteed Investment Contracts and security backed investment contracts issued by high quality financial institutions (AA rated or higher) as well as stable value collective funds and money market funds. Additionally, a portion of the Plan’s assets are invested in the Company’s common stock. Stable value is a fixed income asset class available exclusively to defined contribution retirement plans and government deferred compensation plans. Valuation Frequency Daily Effective Duration 2. Galliard Stable Value (BOND) Expense Ratio 0. "stable value fund" as it relates to a designated mutual fund. Stable value portfolio managers also limit risk by holding a mix of maturities, such as intermediate-term bonds and short-term bonds generally with credit ratings of AAA or AA. 65% : Stable Value. 'perform in t Past performance is not an indication of how the investment will or any affiliate, including Galliard Capital Management. Higher Risk Broad International Stock Fund Non-U. and its fund manager (Galliard) were dismissed. Investor Profile Relative Risk Conservative Moderate Aggressive Money Markets Bond Funds Stock Funds Stable Value Fund Advisor Galliard Capital Management is the Fund’s Advisor. The Stable Value Fund is valued at contract value, which approximates fair value. • Leads Galliard’s team of stable value portfolio solutions analysts responsible for implementing transitions and supporting client relationships Stable Value Fund and directly managed. Aa3 AA-Transamerica Premier Life Ins Co A1 AA-Pacific Life Ins. 33 Fidelity® Mid Cap Index 9/8/2011 11. 68: Wells Fargo Stable Return Fund N35: 1. If you have any questions or would like to receive these documents electronically, please contact Victory Capital at 800-235-8396 (USAA Funds) or 800-539-3863 (Victory Funds). What is the name of the fund company behind the fund?. Stable value funds are a good choice for conservative investors, workers nearing retirement, and anyone looking to stabilize their portfolio. Headquartered in Minneapolis, we focus exclusively on providing fixed income and stable value management services to institutional investors. 68: Morley Stable Value Fund Class 50 - II: 1. Because of certain regulatory requirements, the transition to the T. The Cardinal Health Stable Value Fund is managed by Galliard Capital, a wholly-owned subsidiary of Wells Fargo. First Quarter 2015 / Wells Fargo Stable Value Fund C About Galliard Galliard specializes in stable value and fixed income management and currently manages $84. 20% Annualportfolioturnoverasof12-31-2019. Stable value funds are often made available in these plans under a name that intends to describe the nature of the fund. The Galliard Stable Value Fund is an investment option that seeks to provide safety of principal and a stable credited rate of interest, while generating competitive returns over time compared to other comparable investments. Accounting methodology. The investment option is a stable value fund. 67% in returns. Nationwide. 5% Agincourt Capital Management, LLC Wells Fargo Stable Value Fund 15. Aa2 AA+ Metropolitan Life Ins. When this occurs, the importance of strong. Learn about PZFVX with our data and independent analysis including NAV, star rating, asset allocation, capital gains, and dividends. The most common stable value funds invest in a diversified portfolio of bonds and enter into wrapper agreements with financial companies to guarantee against fluctuations in their share prices. stable value portfolio review - state of north carolina stable value fund Fourth Quarter 2018 1: Blended Yield is net of all fees, including book value contract fees, Galliard investment management fees, and, if applicable, external manager fees, Wells Fargo collective fund administrative fees, and plan administrative reimbursement. Thus, the value of an individual participant’s account in a stable value fund is protected against loss of principal. Effective March 27, 2015, Harbor Capital Advisors, Inc. This description is only intended to provide a brief overview of the fund. This plan has a BrightScope Rating of 83. Investment Strategy: The Stable Value Fund managed by Galliard Capital. Galliard Capital Management Inc. Galliard Stable Value – Performance The NCSRP stable value fund has produced a crediting rate above the peer median Market to book value ratios started declining in 2016 as the Federal Reserve began raising interest rates, falling below 100% in 2018 Market to book began increasing in December 2018 as the markets. Brandt asked whether the increase in the number of participants in the managed account. This fund invests in a portfolio of high-quality short- and intermediate-term U. • Leads Galliard’s team of stable value portfolio solutions analysts responsible for implementing transitions and supporting client relationships Stable Value Fund and directly managed. stable value fund During the years ended December 31, 201 8 and 201 7 , the Plan held investments in Galliard Stable Value Fund (the "Fund"). But it is a fund of funds, and its expense ratio is embedded in the underlying funds in which it invests, making it potentially the most expensive stable-value fund. funds managed by BlackRock. Portfolio Characteristics. ING Stable Value Fund (Galliard) Reduces Liquidity Risk –End of Contract Reduces Credit/Default Risk –Multiple Insurance Providers Improves Diversification –Multiple Investment Managers (Continued) Transparency Fee Reduction 2/19/2010 17. The Fund may lose value and may be worth more or less than the original cost when redeemed, and there is no assurance that the Fund’s objective will be achieved. WaMu Checking Account: The Income Gain Code is A. 2  These funds are an investment option that is only available within tax-qualified plans. This plan has a BrightScope Rating of 65. Vanguard Suitability Study C. The most common stable value funds invest in a diversified portfolio of bonds and enter into wrapper agreements with financial companies to guarantee against fluctuations in their share prices. Galliard Capital Management, a wholly-owned subsidiary of Wells Fargo Asset Management Holdings, LLC, serves as advisor to the Fund. The High-Yield Bond Fund invests in a collective trust fund managed by JPMorgan. Fund Category Inception Date Fund Assets Fund Advisor Expense Ratio Participant Withdrawals/Transfers. investment, market cap and category. London’s largest private developer Galliard Homes has partnered with on-line technology firm Reevo 360 to launch guided virtual viewings for all of its 1,000 properties for sale across the capital. Target Corporation. 59years Portfolioturnover 50% Numberofholdings 10 Yieldtomaturity 2. The Galliard Stable Value fund is a bank collective fund, trusteed by Norwest Bank of Minnesota, N. CIT/Synthetic. Until then, both the Wells Fargo Fund and the T. Under normal market conditions, stable value funds' long-term returns resemble an intermediate term bond portfolio with a volatility similar to money market funds. Therefore, these transactions qualify as party-in-interest transactions. Galliard Stable Value – Performance The NCSRP stable value fund has produced a crediting rate above the peer median Market to book value ratios started declining in 2016 as the Federal Reserve began raising interest rates, falling below 100% in 2018 Market to book began increasing in December 2018 as the markets. The investment option is a stable value fund. Although highly rated investments are selected for the fund, the contracts held by the fund are not guaranteed by the U. Instead, you have to move your money first to, say, a stock. 17% , but will have a moderate amount of price volatility, especially if interest rates rise. This plan is in the top 15% of plans for Total Plan Cost. Category Description: Stable Value Stable value funds seek to provide income while preventing price fluctuations. Primary Investment Objectives Goldman Sachs money market funds have three main goals: to maintain stability of principal, to provide daily liquidity, and to maximize investment yield. The Stable Value Fund (“Fund”) is a managed investment fund offered under the Plan exclusively for plan participants. Aa3 AA-Transamerica Premier Life Ins Co A1 AA-Pacific Life Ins. FINANCIAL DISCLOSURE REPORT Page 3 of7. Stable Value Portfolio Manager. 37: Lincoln NY Stable Value. JOY JOHNSON Head of Stable Value Consultant Relations at INVESCO Director of Hedge Fund Operations - Cowen Investment. He began by indicating that in 2008 the firm had experienced its best year ever in terms of asset growth and now had $4. About Galliard Retirement Income Fund Galliard Retirement Income Fund seeks safety of principal, adequate liquidity and competitive yield with low return volatility by investing in the Galliard. Impacted mailings may include: fund prospectuses and shareholder reports, shareholder account statements and confirmations, and Form CRS. Morley Stable Value Fund (50) 1. Galliard Stable Value Fund. Replacing the Stable Value Galliard Fund on the Fidelity ORP platform with the New York Life Stable Value Anchor Account (no other Fidelity changes); 1. Wells Fargo Stable Return Fund G Fund Overview as of 12/31/14 Fourth Quarter 2014 / Wells Fargo Stable Value Fund C Inception Date October 1, 1985 Fund Assets $28,252,647,879 Fund Advisor Galliard Capital Management, Inc. The Galliard Fund is exclusively managed for the Plan by Galliard Capital Management, Inc. 8 billion in assets for institutional investors. Each item found inside was listed separately. The Fund charges a total annualized fee for investment and administrative services equivalent to 0. Stable value collective funds are not FDIC insured and are not guaranteed by Wells Fargo or any affiliate including Galliard Capital Management. Fund and the underlying collective funds are not insured by the FDIC, Federal Reserve Bank, nor guaranteed by Wells Fargo. • The Stable Value Fund remains the largest allocation within the plan, at $964 million (40. Find our live Morley Principal Stable Value Fund Class Z fund basic information. To prevent yield chasing, most stable value funds prohibit transfers to similar options, such as a money market or short-term bond fund. Stable Value Portfolio Manager. The Stable Value Fund may be appropriate for someone seeking to safeguard principal or balance a portfolio having more aggressive investments. This is not a publicly available fund, so I can't use it in my Schwab IRA. PIMCO Total Return Bond Instl (BOND) Total Annual Operating Expense 0. **Galliard’s management of this portfolio began December 1, 2010. The Board of Directors and Plan Participants. INVESTMENT STRATEGY The Ericsson Stable Value Fund, managed by Galliard Capital Management, is. 4 billion in assets in the plan as of Dec. But once the money is transferred to astock fund or bond fund, it must remain there for 90 days before you can transfer it into Vanguard Prime Money Market Fund. Senior Director at Galliard Capital Management Minneapolis, MN. Because of certain regulatory requirements, the transition to the T. View Steven Moen's business profile as Institutional Relationship Management at Galliard Capital Management. 68: Morley Stable Value Fund Class 50 - I: 1. value funds. But it is a fund of funds, and its expense ratio is embedded in the underlying funds in which it invests, making it potentially the most expensive stable-value fund. The Stable Value Fund (SVF) is provided to Wisconsin Deferred Compensation Program (WDC) participants via an advisory agreement the Board has with Galliard Capital Management. S TABLE VALUE MERRILL LYNCH FUND RETURN 1-3 Fourth Quarter 1. The fund seeks to maintain a stable net asset value of $1. The investment option is a stable value fund. Magistrate Judge Patricia A. Stable Value Ratings as of 12-31-17 Moody's S&P American General Life Ins. WELLS FARGO STABLE VALUE FUND C SECOND QUARTER 2016 INVESTMENT OBJECTIVEWELLS FARGO STABLE VALUE FUND C The Fund seeks safety of principal and consistency of returns while attempting to maintain minimal volatility. Fund Effectiveduration 2. They felt the inclusion of a stable value fund managed by Galliard represented a fiduciary breach, based on the argument that the fund was “designed for investors who are older and closer to retirement and likely to be more risk-averse. The fund was the "Wells Fargo Stable Value E Fund". Stable value portfolio review - jrb stable value interest fund. Learn more about this portfolio's investment strategy and policy. I think the important part is the value shown at Fidelity is the book value and NOT the market value. The Galliard Fund is exclusively managed for the Plan by Galliard Capital Management, Inc. BNYM Mellon Stable Value Fund. Investment Process: The Fund is primarily composed of investment contracts including Guaranteed Investment Contracts (GICs), Separate Account GICs, and Security Backed Investment Contracts. Stable Value Fund This fund, managed by Galliard Capital Management, is a conservative investment option that seeks to provide safety of principal and a stable credited rate of interest, while generating. JOY JOHNSON Head of Stable Value Consultant Relations at INVESCO Director of Hedge Fund Operations - Cowen Investment. 20% Annualportfolioturnoverasof12-31-2019. and managed by Galliard Capital Management, a wholly owned subsidiary of Norwest Bank of Minnesota, N. The current stable value option—the Wells Fargo Stable Value Fund—will be replaced by the T. ‘Under review'. As a Senior Director and Head of Stable Value Separate Account Strategy at Galliard Capital Management, Nick oversees the design, implementation, and Gina Mitchell is the President of the Stable Value Investment Association (SVIA), which is the voice for stable value funds, a major asset. It may invest in a variety of investments, such as security-backed contracts and guaranteed investment contracts issued by. Actual 1 Year 3 Years 5 Years 10 Years Since Inception Inception Date. Investment Overview. Wells Fargo Stable Return Fund G Fund Overview as of 12/31/13 Fourth Quarter 2013 / Wells Fargo Stable Value Fund C Inception Date October 1, 1985 Fund Assets $29,699,743,761 Fund Subadvisor Galliard Capital Management, Inc. Galliard Retirement Income Fund CL F45 WGRIOX Price as of: Mar 02, 2021 Investment Style Stable Value; Do you know all the important aspects of mutual funds?. Galliard Stable Value Fund. Fund Effectiveduration 2. A2 A+ Massachusetts Mutual Life Ins. Galliard's stable value portfolios are managed with a conservative approach, while maintaining high quality and broad diversification through. (b) Wells Fargo Stable Return Fund G is another Wells Fargo Bank, N. 307 unit value $ 24,509,685 See accompanying notes to financial statements. 8 billion in assets for institutional investors. The application of the book-value accounting and other liquidity characteristics ̶ such as commonly used 12-month puts (for plan level departures from a stable value fund) ̶ act as a shock. Galliard “Put Notice” E. 9% of plan assets). London-based Galliard and Nyxeon employ 33 people, providing services to global pharmaceutical companies, healthcare-related organisations and charities. View Steven Moen's business profile as Institutional Relationship Management at Galliard Capital Management. The Gross Value Code is K. First Investors Investment Grade Fund A 5. For further information on the Fund, see your company representative. GDLR: GALLIARD STABLE VAL Russell 2500. The Galliard Stable Value Fund is an investment option that seeks to provide safety of principal and a stable credited rate of interest, while generating competitive returns over time compared to other comparable investments. The High-Yield Bond Fund invests in a collective trust fund managed by JPMorgan. Wells has been working with Galliard, the sub-advisor for the Stable Value Portfolios, who are confident that they can narrow the gap between the market value of the portfolio and the contract value of the portfolio to zero by the end of the fiscal year so that there would be no loss to the plan investors. Kline indicated that $77. (“Wells Fargo”) is investment manager and trustee. Stable value funds are often made available in these plans under a name that intends to describe the nature of the fund. The judge ruled that the lawsuit was based on “nothing more than hindsight. A principal risk of the Fund is investment contract risk. The Fund utilizes high credit quality stable value contract issuers, with an emphasis on diversification. 'he future. I was recently laid off and will be moving my 401k to an IRA. Aa3 AA-Transamerica Premier Life Ins Co A1 AA-Pacific Life Ins. Rowe Price Stable Value Fund. Any advice would. and advised by BMO Asset Management Corp. Stable value portfolio review - jrb stable value interest fund. We have audited the accompanying financial statementsof MetLife Stable Value Solutions Fund II (the "Trust" or "Fund"), which comprise thstatement of e net assets as of December 31, 2018, and the related tatements of perationsso and. 4 billion in assets for institutional investors. WELLS FARGO STABLE VALUE FUND C SECOND QUARTER 2020 ABOUT GALLIARD Galliard specializes in stable value and fixed income management and currently manages $95. FOR MORE INFORMATION Client and Consultant Other Acquired Fund Fees and Non. It may invest in a variety of investments, such as security-backed contracts and guaranteed investment contracts issued by. GDLR: GALLIARD STABLE VAL Russell 2500. Instead, you have to move your money first to, say, a stock. The current stable value option—the Wells Fargo Stable Value Fund—will be replaced by the T. Returns may have been impacted by the effect of compounding and have been rounded to the nearest basis point. Deutsche Bank is providing a three-year corporate facility to Galliard Holdings that will be used towards the Galliard share of the equity funding for the new collaboration. Financial professionals, consultants, stable value managers, as well as plan sponsors look to MassMutualʼs stable value offerings because of our investment acumen, financial strength, commitment, and expertise. and managed by Galliard Capital Management, a wholly owned subsidiary of Norwest Bank of Minnesota, N. 37: Lincoln NY Stable Value. The Fund is designed for investors seeking more income than moneymarketfunds withoutthe price fluctuation of stock or bond funds. Jenkins shared data from the UK’s National Employment Savings Trust (NEST) which shows the default investment for a young participant is a more conservative asset allocation fund, similar to a 2025 TDF, that has about a 20% allocation to stable value-like investments. Fund Effectiveduration 2. We have audited the accompanying financial statementsof MetLife Stable Value Solutions Fund II (the "Trust" or "Fund"), which comprise thstatement of e net assets as of December 31, 2018, and the related tatements of perationsso and. mid- and small-capitalization stocks in one fund. DESCRIPTION VALUE CODE. equities and emphasizes a balance of growth, valuation, and quality criteria in selecting stocks. Stable Value Fund Separate Account Galliard Capital Management Bonds and Cash Aims to provide safety of principal and liquidity while providing a higher return over time than money market funds. Returns may have been impacted by the effect of compounding and have been rounded to the nearest basis point. ’s stable-value funds, designed to preserve principal in tumultuous times, drew more than four times the usual inflows in August as market volatility increased, said. The unitized VRS investment portfolio (VRSIP) is managed by VRS. 20% Annualportfolioturnoverasof12-31-2019. Galliard specializes in stable value management and currently manages $95. We have audited the accompanying financial statementsof MetLife Stable Value Solutions Fund II (the "Trust" or "Fund"), which comprise thstatement of e net assets as of December 31, 2018, and the related tatements of perationsso and. California Public Employees' Retirement System's staff is recommending the $128 billion fund invest in European, Asian and Latin American real estate investments for the first time. Notable Happenings. A1 AA-Prudential Ins. Learn about PZFVX with our data and independent analysis including NAV, star rating, asset allocation, capital gains, and dividends. Investment Strategy: The Stable Value Fund managed by Galliard Capital. Effective March 27, 2015, Harbor Capital Advisors, Inc. The Fund may lose value and may be worth more or less than the original cost when redeemed, and there is no assurance that the Fund’s objective will be achieved. Investment Overview. 37: New York Life Ins Co Anchor Account IV: 2. , custodian for the fund. The Stable Value Fund (“Fund”) is a managed investment fund offered under the Plan exclusively for plan participants. The investment advisor seeks to mitigate risk by investing in. What is the name of the fund company behind the fund?. sign off on last year’s audit for the fund. Aa2 AA+ Metropolitan Life Ins. Bond Fund (HABDX), PIMCO Low Duration Fund (PLDDX), and Neuberger Berman Mid Cap Intrinsic Value (NBRVX) are closed to new investors. A2 A+ Massachusetts Mutual Life Ins. The INPRS Stable Value Fund invested in the Wells Fargo Stable Value Fund C from 4/1/2014 - 1/2/2017. FUND ADVISOR Galliard Capital Management is the Fund's Advisor. stable value portfolio review - state of north carolina stable value fund Fourth Quarter 2018 1: Blended Yield is net of all fees, including book value contract fees, Galliard investment management fees, and, if applicable, external manager fees, Wells Fargo collective fund administrative fees, and plan administrative reimbursement. (“Galliard”). The High-Yield Bond Fund invests in a collective trust fund managed by JPMorgan. PCA Large Cap Growth Fund 13. valuation of the Great‐West Life Group Annuity policies and the Stable Value Fund. The Stable Value Fund managed by, Galliard Capital. Stable value funds, which are offered in many 401(k)s, can provide steady returns and are relatively low risk but they do have a few disadvantages. * Portfolio managers: TeamManaged ClassF Fiscalyear-end Dec31. investment, market cap and category. 50% Nationwide Bank 1-Year CD Nationwide Bank 1-Year CD (No Change) N/A Certificate of Deposit 0. Galliard continues to successfully transition Stable Value Portfolios in this environment: Generated over $32 billion in new wrap capacity since 2008 Galliard has available capacity with new and existing providers and is continually active in on -boarding. 13 Average Annualized Total Returns Individual Fund Choice Ticker YTD% Prospectus Gross Expense Ratio 1 Year % 3 Year. It helps you preserve your capital, as the level of risk is relatively small, while delivering stable rates of return that lead to a healthy retirement fund in the end. INVESTMENT STRATEGY The Indiana Public Employees' Retirement Stable Value Fund, managed by Galliard Capital Management, is primarily comprised of investment. Before investing, always read a money market fund’s prospectus for policies specific to that fund. All contract issuers and securities utilized in the portfolio are rated investment grade by one of. The Stable Value Fund (SVF) is provided to Wisconsin Deferred Compensation Program (WDC) participants via an advisory agreement the Board has with Galliard Capital Management. You can transfer the. Investment strategy The Fund invests principally in large capitalization U. This includes. Keeping a stable value product in the program adds a small level of risk because of these accounting uncertainties and from Wells point of view, there are alternat ives. Fund information. See accompanying notes to the financial statements. Biden doubles vaccine goal to 200m in first 100 days; The return of the inflation spectre; Markets brace for large shift from stocks to bonds in fund shake-up. Balch & Bingham LLP 401(k) Profit Sharing Plan ⇒ Wells Galliard Blended Stable Value Fund [OT] SP $15,001 - $50,000 None gfedc. These investment options are not mutual funds and are only available to eligible investors. The Fund is designed for investors seeking more income than moneymarketfunds withoutthe price fluctuation of stock or bond funds. Stable returns are achieved by amortizing the investments over their term and by actively managing the yield terms within the fund. government, Vanguard, the trustee, or your retirement plan. Galliard continues to successfully transition Stable Value Portfolios in this environment: Generated over $32 billion in new wrap capacity since 2008 Galliard has available capacity with new and existing providers and is continually active in on -boarding. When will the new investment choices on the TIAA platform become available? The new investment choices on the TIAA platform for existing TIAA customers will take effect on January 1, 2018. INVESTMENT STRATEGY The Stable Value Selection for Union Bank, managed by Galliard Capital. investment, market cap and category. Any current or future investments will • Nov. Kline provided the committee and audience with a updated Galliard business profile that shows a total AUM of $87. 8 Stable Value Option — Galliard Stable Value Fund 10 Active Fixed Income Option — BlackRock U. mid- and small-capitalization stocks in one fund. Galliard Retirement Income Fund. View & analyze the 0P000182U7 fund chart by total assets, risk rating, Min. Stable value funds are not mutual funds. Stable Value Fund review D. INVESTMENT STRATEGY The Stable Value Selection for Union Bank, managed by Galliard Capital. Mutual fund products and the Galliard Stable. Ticker: WFC CIK: 72971. Stable value funds are holding up well so far. The judge ruled that the lawsuit was based on “nothing more than hindsight. What Is a Stable Value Fund? How Stable Value Funds Work.