Illinois Teachers' Retirement System, Springfield, returned 4.6% in the quarter ended March 31, trailing the $39.6 billion pension fund's customized benchmark by 53 basis points.
In the first three quarters of the fiscal year, the pension fund returned 12.4%, 53 basis points above the benchmark. Illinois TRS' fiscal year ends June 30.
For periods ended March 31, the one-year return was 10.7%; three years, 9.9%; five years, 4.1%; 10 years, 8.3%; and 20 years, 7.9%. Benchmark returns were 10%, 9.6%, 4.6%, 8.5% and 7.8%, respectively. Multiyear returns are annualized.
