New York State Common Retirement Fund, Albany, posted a 3.67% return, net of fees, for the three months ended Sept. 30, the second quarter of the pension fund's fiscal year.
The pension fund's assets broke the $200 billion barrier for the first time, growing to $201.3 billion as of Sept. 30, up 2.1% from June 30. All asset and return figures are estimates.
"The fund's value continued to rise with equities markets this year," said Thomas P. DiNapoli, the state comptroller and sole trustee of the pension fund, in a news release Friday. "We take the long view of success, investing in ways that provide consistent returns and retirement security for our members, retirees and beneficiaries for decades to come."
The pension fund doesn't provide quarterly returns by asset class, said Matt Sweeney, a spokesman for Mr. DiNapoli, in an email.
As of Sept. 30, the pension fund's allocation was 39.2% domestic equity; 24.3% cash, bonds and mortgages; 18% international equity; 7.8% private equity; 6.6% real estate; 2.7% absolute return; and 1.4% opportunistic alternatives and real assets.