MERSOM

Municipal Employees' Retirement System of Michigan Portfolio holdings

AUM $8.31B
This Quarter Return
-3.31%
1 Year Return
+8.76%
3 Year Return
+28.77%
5 Year Return
+35.28%
10 Year Return
–
AUM
$7.26B
AUM Growth
+$7.26B
Cap. Flow
-$67.5M
Cap. Flow %
-0.93%
Top 10 Hldgs %
71.17%
Holding
50
New
1
Increased
8
Reduced
8
Closed
1

Top Buys

1
SCHP icon
Schwab US TIPS ETF
SCHP
$402M
2
XLE icon
Energy Select Sector SPDR Fund
XLE
$6.96M
3
PICK icon
iShares MSCI Global Metals & Mining Producers ETF
PICK
$3.56M
4
SPTS icon
SPDR Portfolio Short Term Treasury ETF
SPTS
$2.65M
5
SPHY icon
SPDR Portfolio High Yield Bond ETF
SPHY
$1.15M

Top Sells

1
VGIT icon
Vanguard Intermediate-Term Treasury ETF
VGIT
$205M
2
VGSH icon
Vanguard Short-Term Treasury ETF
VGSH
$195M
3
VGLT icon
Vanguard Long-Term Treasury ETF
VGLT
$42.3M
4
SPTL icon
SPDR Portfolio Long Term Treasury ETF
SPTL
$28.1M
5
RING icon
iShares MSCI Global Gold Miners ETF
RING
$9.9M

Sector Composition

1 Materials 1.2%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
XFIV icon
26
BondBloxx Bloomberg Five Year Target Duration US Treasury ETF
XFIV
$181M
$33.8M 0.47%
704,064
– –
XLE icon
27
Energy Select Sector SPDR Fund
XLE
$27.1B
$33.6M 0.46%
392,435
+81,207
+26% +$6.96M
SPHY icon
28
SPDR Portfolio High Yield Bond ETF
SPHY
$9.08B
$30.2M 0.42%
1,287,376
+49,100
+4% +$1.15M
XHLF icon
29
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF
XHLF
$1.91B
$22.5M 0.31%
448,334
– –
XTWO icon
30
BondBloxx Bloomberg Two Year Target Duration US Treasury ETF
XTWO
$137M
$20.4M 0.28%
416,558
– –
XTRE icon
31
BondBloxx Bloomberg Three Year Target Duration US Treasury ETF
XTRE
$177M
$19.6M 0.27%
402,313
– –
XSVN icon
32
BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF
XSVN
$132M
$18.7M 0.26%
403,857
– –
XTEN icon
33
BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF
XTEN
$728M
$18.1M 0.25%
403,452
– –
XTWY icon
34
BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF
XTWY
$58.6M
$16.2M 0.22%
420,244
– –
VGSH icon
35
Vanguard Short-Term Treasury ETF
VGSH
$22.8B
$14.5M 0.2%
249,183
-3,351,994
-93% -$195M
SPLG icon
36
SPDR Portfolio S&P 500 ETF
SPLG
$83.4B
$13M 0.18%
188,205
– –
STIP icon
37
iShares 0-5 Year TIPS Bond ETF
STIP
$12.6B
$12.2M 0.17%
121,200
+774
+0.6% +$77.9K
XB icon
38
BondBloxx B-Rated USD High Yield Corporate Bond ETF
XB
$32.5M
$10.5M 0.14%
266,860
– –
SPDW icon
39
SPDR Portfolio Developed World ex-US ETF
SPDW
$28.9B
$9.43M 0.13%
276,169
– –
SPSB icon
40
SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$8.39B
$6.81M 0.09%
228,061
-31,648
-12% -$945K
SPIB icon
41
SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$10.7B
$5.65M 0.08%
172,439
+13,380
+8% +$438K
XCCC icon
42
BondBloxx CCC-Rated USD High Yield Corporate Bond ETF
XCCC
$177M
$4.76M 0.07%
121,654
– –
SPEM icon
43
SPDR Portfolio Emerging Markets ETF
SPEM
$13.1B
$4.11M 0.06%
107,144
-2,912
-3% -$112K
MBB icon
44
iShares MBS ETF
MBB
$40.9B
$4.03M 0.06%
43,971
-36,128
-45% -$3.31M
VGLT icon
45
Vanguard Long-Term Treasury ETF
VGLT
$9.83B
$3.49M 0.05%
63,048
-764,623
-92% -$42.3M
IJR icon
46
iShares Core S&P Small-Cap ETF
IJR
$84.4B
$2.39M 0.03%
20,736
– –
HYBB icon
47
iShares BB Rated Corporate Bond ETF
HYBB
$282M
$2.01M 0.03%
43,716
+15,206
+53% +$699K
SPMD icon
48
SPDR Portfolio S&P 400 Mid Cap ETF
SPMD
$14.1B
$1.47M 0.02%
26,947
– –
SPSM icon
49
SPDR Portfolio S&P 600 Small Cap ETF
SPSM
$12.4B
$748K 0.01%
16,642
– –
VGIT icon
50
Vanguard Intermediate-Term Treasury ETF
VGIT
$32.2B
– –
-3,390,733
Closed -$205M
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