Page 120 - Moreno Valley 2025 Annual Financial Report
P. 120
City of Moreno Valley, California
Schedule of Investment Returns ‐ OPEB
Last Ten Years*
2017 2018 2019 2020 2021 2022 2023 2024 2025
Annual money-weighted rate of return, net of investment
expense 9.77% 10.24% -0.70% 6.72% 3.86% 28.28% -13.89% 6.19% 11.18%
Notes: The annual money-weighted rate of return, net of investment expenses, is the net investment income for the year divided by the average net
position for the year (less investment expenses).
* Historical information is required only for measurement periods where GASB 75 is applicable. The City adopted GASB 75 for the fiscal year ending June 30, 2017.
98
