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Phillips 66 adds 3 investment options to savings plan lineup, drops three others

Phillips 66, Houston, added three options and removed three from the investment lineup of its savings plan, the company disclosed in its recent 11-K filing.

The three new options are Goldman Sachs Asset Management's Core-Plus Fixed Income Collective Trust, Vanguard Group's Federal Money Market Fund and Jackson Square Partners' smidcap growth strategy.

The three new options replace, respectively, Pacific Investment Management Co.'s Total Return Fund, Vanguard's Prime Money Market Fund and Delaware Investments' Smidcap Growth Fund.

The reason for the changes, which were made in 2016, was not disclosed.

The Phillips 66 Savings Plan had $4.1 billion in total assets as of Dec. 31.

A spokesman declined to provide further information.