Skip to main content
MENU
Subscribe
  • Sign Up Free
  • LOGIN
  • Subscribe
  • Topics
    • Alternatives
    • Artificial Intelligence
    • Consultants
    • Defined Contribution
    • ESG
    • ETFs
    • Face to Face
    • Hedge Funds
    • Industry Voices
    • Investing
    • Money Management
    • Partner Content
    • Pension Funds
    • Private Equity
    • Real Estate
    • Regulation
    • SECURE 2.0
    • Special Reports
    • Washington
    • White Papers
  • Rankings & Awards
    • 1,000 Largest Retirement Plans
    • Top-Performing Managers
    • Largest Money Managers
    • DC Money Managers
    • DC Record Keepers
    • Largest Hedge Fund Managers
    • World's Largest Retirement Funds
    • Best Places to Work in Money Management
    • Excellence & Innovation Awards
    • WPS Innovation Awards
    • Influential Women in Institutional Investing 2023
    • Eddy Awards
  • ETFs
    • Latest ETF News
    • Fund Screener
    • Education Center
    • Equities
    • Fixed Income
    • Commodities
    • Actively Managed
    • Alternatives
    • ESG Rated
  • ESG
    • Latest ESG News
    • The Institutional Investor’s Guide to ESG Investing
    • ESG Sustainability - Gaining Momentum
    • ESG Investing | Industry Brief
    • Innovation in ESG Investing
    • 2023 ESG Investing Conference
    • ESG Rated ETFs
    • Divestment Database
  • Defined Contribution
    • Latest DC News
    • The Plan Sponsor's Guide to Retirement Income
    • DC Money Manager Rankings
    • DC Record Keeper Rankings
    • Innovations in DC
    • DC Plan Design: Improving Participant Outcomes
    • 2023 Defined Contribution East Conference
  • Searches & Hires
    • Latest Searches & Hires News
    • Searches & Hires Database
    • RFPs
  • Research Center
    • The P&I Research Center
    • Earnings Tracker
    • Endowment Returns Tracker
    • Corporate Pension Contribution Tracker
    • Pension Fund Returns Tracker
    • Pension Risk Transfer Database
  • Careers
  • Events
    • View All Conferences
    • View All Webinars
  • Print
Breadcrumb
  1. Home
  2. INTERACTIVE
June 10, 2013 01:00 AM

Fixed-income exposure of public pension plans

Ranked by total fixed-income assets, in millions, as of June 30, 2012, unless otherwise noted

  • Tweet
  • Share
  • Share
  • Email
  • More

     % OF PORTFOLIO IN
     Pension planFixed-income assetsPortfolio duration    U.S. Treasuries & agenciesCorporate securitiesNon-government asset-backed securities1International securitiesOtherCash2
    1California Public Employees$56,518 7.0    40.8%19.5%28.4%9.4%1.8%0.0%
    2Florida State Board$42,847 3.0    44.6%14.6%5.8%8.0%0.7%26.3%
    3New York State Common3$33,441 6.6    50.6%24.5%24.9%0.0%0.0%0.0%
    4California State Teachers$32,351 3.7    23.4%24.8%26.3%0.0%10.4%15.1%
    5North Carolina$27,600 NA    58.8%37.7%2.2%0.0%0.0%1.3%
    6Wisconsin Investment Board$25,804 5.9    27.6%20.3%0.1%14.5%30.3%7.3%
    7Ohio Public Employees4$23,598 3.8    45.0%25.7%6.4%10.5%3.0%9.4%
    8Texas Teachers5$20,107 9.8    96.7%0.3%2.6%0.5%0.0%0.0%
    9New Jersey$20,005 NA    20.3%52.2%0.3%14.4%12.8%0.0%
    10Virginia Retirement$19,846 3.8    27.6%63.7%3.4%0.0%4.5%0.9%
    11Georgia Teachers$15,588 5.0    56.5%37.3%0.0%3.6%2.6%0.0%
    12New York State Teachers$15,362 2.8   46.6%28.2%6.5%0.0%0.0%18.8%
    13Oregon Public Employees$14,705 4.1    25.5%21.8%10.6%18.7%23.1%0.4%
    14Pennsylvania School Employees$14,452 3.1    13.6%9.9%17.9%8.6%37.7%12.4%
    15Tennessee Consolidated$14,302 6.1    56.6%30.4%9.0%0.0%1.1%2.9%
    16Maryland State Retirement$13,406 NA    27.2%26.5%20.8%9.6%1.0%14.8%
    17Washington State Board$12,540 NA    26.1%40.4%16.6%13.9%3.0%0.0%
    18Massachusetts PRIM$12,136 4.6    31.8%34.0%3.2%0.0%24.0%7.0%
    19Ohio State Teachers6$11,756 4.2    24.0%41.0%29.2%5.8%0.0%0.0%
    20Minnesota State Board$10,600 4.7    30.4%23.0%41.3%0.0%5.3%0.0%
    21Los Angeles County Employees$9,470 5.6    35.3%31.7%2.6%0.6%29.7%0.0%
    22Colorado Employees4$9,207 5.1    50.9%20.3%1.8%9.6%17.4%0.0%
    23Michigan Retirement$7,720 3.5    24.4%65.3%0.0%10.3%0.0%0.0%
    24Illinois Teachers$7,488 4.2    23.5%28.2%0.0%24.0%24.3%0.0%
    Notes:

    1 When government agency investments were listed all other asset-backed securities were considered non-agency.

    2 Some plans did not include cash within their disclosures.

    3 Data are as of March 31, 2012.

    4 Data are as of Dec. 31, 2011.

    5 As of Aug. 31, 2012; because the Teacher Retirement System of Texas did not report cash in every year, cash was excluded for all years.

    6 The State Teachers' Retirement System of Ohio disclosed high-yield and emerging-markets assets together. The allocation was split 50/50.

    Related Articles
    Investors searching high and low for yield
    Recommended for You
    S&P 500 Dividend Aristocrats produces better returns, lower risk than overall index
    S&P 500 Dividend Aristocrats produces better returns, lower risk than overall index
    60/40 portfolio's sharp rebound in November
    60/40 portfolio's sharp rebound in November
    Hedge funds' quarterly performance flat; equity, fixed income down
    Hedge funds' quarterly performance flat; equity, fixed income down
    Sustainability Strategies: Evolving Perspectives
    Sponsored Content: Sustainability Strategies: Evolving Perspectives
    Sponsored
    White Papers
    What a Fed pivot and ‘higher for longer’ mean for emerging markets
    A Guide to Home Equity Investments: The Untapped Real Estate Asset Class
    How to Modernize a School District Retirement Plan
    Q4 2023 Credit Outlook: Price Is What You Pay, Value Is What You Get
    There's More Than One Way to Be a Climate Investor
    Exploring the Commercial Application of Artificial Intelligence
    View More
    Sponsored Content
    Partner Content
    The Industrialization of ESG Investment
    For institutional investors, ETFs can make meeting liquidity needs easier
    Gold: the most effective commodity investment
    2021 Investment Outlook | Investing Beyond the Pandemic: A Reset for Portfolios
    Ten ways retirement plan professionals add value to plan sponsors
    Gold: an efficient hedge
    View More
    E-MAIL NEWSLETTERS

    Sign up and get the best of News delivered straight to your email inbox, free of charge. Choose your news – we will deliver.

    Subscribe Today
    October 23, 2023 page one

    Get access to the news, research and analysis of events affecting the retirement and institutional money management businesses from a worldwide network of reporters and editors.

    Subscribe
    Connect With Us
    • RSS
    • Twitter
    • Facebook
    • LinkedIn

    Our Mission

    To consistently deliver news, research and analysis to the executives who manage the flow of funds in the institutional investment market.

    About Us

    Main Office
    685 Third Avenue
    Tenth Floor
    New York, NY 10017-4036

    Chicago Office
    130 E. Randolph St.
    Suite 3200
    Chicago, IL 60601

    Contact Us

    Careers at Crain

    About Pensions & Investments

     

    Advertising
    • Media Kit
    • P&I Custom Content
    • P&I Careers | Post a Job
    • Reprints & Permissions
    Resources
    • Subscribe
    • Newsletters
    • FAQ
    • P&I Research Center
    • Site map
    • Staff Directory
    Legal
    • Privacy Policy
    • Terms and Conditions
    • Privacy Request
    Pensions & Investments
    Copyright © 1996-2023. Crain Communications, Inc. All Rights Reserved.
    • Topics
      • Alternatives
      • Artificial Intelligence
      • Consultants
      • Defined Contribution
      • ESG
      • ETFs
      • Face to Face
      • Hedge Funds
      • Industry Voices
      • Investing
      • Money Management
      • Partner Content
      • Pension Funds
      • Private Equity
      • Real Estate
      • Regulation
      • SECURE 2.0
      • Special Reports
      • Washington
      • White Papers
    • Rankings & Awards
      • 1,000 Largest Retirement Plans
      • Top-Performing Managers
      • Largest Money Managers
      • DC Money Managers
      • DC Record Keepers
      • Largest Hedge Fund Managers
      • World's Largest Retirement Funds
      • Best Places to Work in Money Management
      • Excellence & Innovation Awards
      • WPS Innovation Awards
      • Influential Women in Institutional Investing 2023
      • Eddy Awards
    • ETFs
      • Latest ETF News
      • Fund Screener
      • Education Center
      • Equities
      • Fixed Income
      • Commodities
      • Actively Managed
      • Alternatives
      • ESG Rated
    • ESG
      • Latest ESG News
      • The Institutional Investor’s Guide to ESG Investing
      • ESG Sustainability - Gaining Momentum
      • ESG Investing | Industry Brief
      • Innovation in ESG Investing
      • 2023 ESG Investing Conference
      • ESG Rated ETFs
      • Divestment Database
    • Defined Contribution
      • Latest DC News
      • The Plan Sponsor's Guide to Retirement Income
      • DC Money Manager Rankings
      • DC Record Keeper Rankings
      • Innovations in DC
      • DC Plan Design: Improving Participant Outcomes
      • 2023 Defined Contribution East Conference
    • Searches & Hires
      • Latest Searches & Hires News
      • Searches & Hires Database
      • RFPs
    • Research Center
      • The P&I Research Center
      • Earnings Tracker
      • Endowment Returns Tracker
      • Corporate Pension Contribution Tracker
      • Pension Fund Returns Tracker
      • Pension Risk Transfer Database
    • Careers
    • Events
      • View All Conferences
      • View All Webinars
    • Print