Travelers Cos. Inc., St. Paul, Minn., added the American Funds' The Bond Fund of America to the investment options lineup of its 401(k) plan.
The insurer added the active domestic core fixed income fund managed by Capital Group to the lineup during 2022, according to a comparison of its June 20 11-K filing with the SEC and last year's filing.
As of Dec. 31, the fund had $80 million in assets in the plan, according to the new 11-K filing.
The comparison also shows the plan removed the PIMCO Total Return Fund from the investment options lineup in 2022.
As of Dec. 31, 2021, the active domestic core fixed income fund managed by Pacific Investment Management Co. had $99 million in assets in the plan, according to the prior 11-K filing.
The reason for the change was not provided.
As of Dec. 31, the Travelers 401(k) Savings Plan had $8 billion in assets, according to the new 11-K filing.
Spokesman Patrick Linehan could not be immediately reached for further information.