Company: SXI
Filing Date: 2025-08-04
Form Type: 10-K
Source: 0001437749-25-024450
Chunk: 982

Company: STANDEX INTERNATIONAL CORP/DE/
Filing Date: 2025-08-04
Form: 10-K
Item: Item 7A
Chunk 982
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  $341  $168,931   - 

       June 30, 2024  
   Total    Level 1    Level 2    Level 3  
 Cash and cash equivalents  $2,792  $2,792  $-  $- 
 Common and preferred stocks   53,111   -   53,111   - 
 Corporate bonds and other fixed income securities   96,522   -   96,522   - 
 Other   12,120   -   12,120   - 
  $164,545  $2,792  $161,753   - 

   Asset allocation and target asset allocations are as follows:

       U.S. Plans    Foreign Plans  
   Year Ended June 30,    Year Ended June 30,  
 Asset Category   2025    2024    2025    2024  
 Equity securities   42%    35%    0%    0%  
 Debt securities   48%    42%    70%    69%  
 Global balanced securities   10%    11%    0%    1%  
 Other   0%    12%    30%    30%  
 Total   100%    100%    100%    100%  

       2025  
 Asset Category – Target   U.S.    U.K.  
 Equity securities   40%    0%  
 Debt and market neutral securities   50%    67%  
 Global balanced securities   5%    1%  
 Other   5%    32%  
 Total   100%    100%  

   Our investment policy for the U.S. pension plans targets a range of exposure to the various asset classes. Standex rebalances the portfolio periodically when the allocation is not within the desired range of exposure. The plan seeks to provide returns in excess of the various benchmarks. The benchmarks include the following indices: S&P 500; Citigroup PMI EPAC; Citigroup World Government Bond and Barclays Aggregate Bond. A third-party investment consultant tracks