Montana Municipal Police — assets, returns and funding
Pensions: all tracked plans · Australian super in numbers · Private market performance · the PE statistics · what plans disclose · where they diverge
Montana Municipal Police (Montana) reported $690m of assets for fiscal year 2025, a one-year investment return of 9.5%, and was 74.6% funded — below the ~80% mark the industry reads as sound.
| Total assets (FY 2025) | $690m |
| 1-year return | 9.5% |
| 5-year return (annualised) | 9.6% |
| 10-year return (annualised) | 7.9% |
| Funded ratio (GASB) | 74.6% |
How the money is invested (asset allocation)
Montana Municipal Police held 42.9% of its assets in public equities and 20.9% in fixed income (bonds) for fiscal year 2025 — the largest of 6 sleeves it reports, with the rest below:
| Public equities | 42.9% |
| Fixed income (bonds) | 20.9% |
| Private equity | 17.7% |
| Real estate | 12.3% |
| Commodities | 6.3% |
| Hedge funds | 0.0% |
Compare Montana Municipal Police with similar plans
The plans most worth reading Montana Municipal Police against — similar in size, or invested in the same managers — side by side, each with its own page for the detail:
| Plan | Assets | 1-yr return | Funded ratio | Why comparable |
|---|---|---|---|---|
| Montana PERS | $7.6bn | 9.5% | 74.5% | Same state — Montana |
| Montana Teachers | $5.4bn | 9.4% | 73.4% | Same state — Montana |
| Montana Firefighters | $787m | 9.5% | 84.8% | Same state — Montana |
| Wichita (KS) ERS | $694m | 13.9% | 88.0% | Similar size |
| Sioux Falls (SD) ERS | $685m | 13.6% | 106.2% | Similar size |
| Kansas City (MO) Fire | $684m | 7.5% | 70.2% | Similar size |
Questions this page answers
How much does Montana Municipal Police have in assets?
Montana Municipal Police reported $690m in total assets for fiscal year 2025, as compiled by the Public Plans Database.
What return did Montana Municipal Police make on its investments?
Montana Municipal Police reported a 9.5% one-year investment return for fiscal year 2025, and 7.9% a year over the past ten years, per the Public Plans Database.
Is Montana Municipal Police fully funded?
Montana Municipal Police was 74.6% funded for fiscal year 2025 — below the ~80% mark many treat as reasonably sound. US public plans face no federal funding minimum, and actuaries add that the trend matters more than any single line (Public Plans Database).
How is Montana Municipal Police's money invested?
Montana Municipal Police held 42.9% of its assets in public equities and 20.9% in fixed income (bonds), its largest sleeves for fiscal year 2025 (Public Plans Database).
See also: all tracked plans · how the private-equity funds these plans invest in have actually performed, from the plans' own disclosures: private market performance, and where plans' numbers diverge on the same fund.