30% of investable assets in foreign debt securities or high risk, below investment-grade securities having a rating no lower than CCC. a

Based on U.S. Department of Labor Form 5500 filings (plan years 2022–2024), 1 U.S. retirement plans report holding 30% of investable assets in foreign debt securities or high risk, below investment-grade securities having a rating no lower than CCC. a in their Schedule of Assets, totaling $498K in parsed positions. Matched on the normalized security name across each plan’s latest filing and ranked by position size.