Pennsylvania Public School Employees Retirement System, Harrisburg, returned -2.8% on its investments for the fiscal year ended June 30, spokeswoman Evelyn Tatkovski confirmed.
U.S. equities posted a -13.98% return, while non-U.S. equities returned -9.81% and real estate investments returned -5.22%, according to a news release. Commodities returned 34.72%, private markets gained 19.14% and fixed income returned 7.81%.
As of June 30, the system had 26.4%of its assets in non-U.S. equities; 22.7% in U.S. equities; 20% in U.S. and global fixed income; 12.8% in private markets; 10% in real estate, 4.8% in commodities, and 3.3% in cash and cash equivalents.
The system had $62.7 billion in assets as of June 30.