High-yield strategies dominated Morningstar's separate account/collective investment trust universes for a second consecutive quarter.
Seven of the top 10 performing fixed-income strategies were in Morningstar's high-yield bond category for the year ended March 31.
Aggregate assets, liabilities and funded status rose for the 100 largest plans in 2020 as the average discount rate plummeted.
Long-duration bonds continued to dominate the list of top-performing fixed-income strategies in the last quarter of 2020.
Long-duration bonds continued to dominate the lists of top-performing strategies for both the one- and five-year periods ended Sept. 30.
For the year ended June 30, indexed assets increased 5.4% to $15.35 trillion, as the COVID-19 crisis drove assets into fixed-income ETFs.
Social issues led to a heightened interest in socially conscious and sustainable investing in the U.S.