Oklahoma Public Employees Retirement System, Oklahoma City, returned 2.44% for the fiscal year ended June 30, said Tom Spencer, executive director of the $6.8 billion plan.
The retirement system beat its policy benchmark by 30 basis points for the year. It returned 11.44% for the two years ended June 30, 12.22% for three years, 5.34% for seven years and 6.72% for 10 years. All figures for periods of more than one year are annualized.
For the 12 months, fixed income returned 16.66%; domestic equity, 4.07%; and international equity, -12.47%.
The plan has an asset allocation of 40% domestic equity, 36% domestic fixed income and 24% international equity.