Idaho Public Employee Retirement System, Boise, returned 3% in the fiscal year ended June 30, an investment report on the pension fund's website said.
The $14.9 billion pension fund's best-performing asset class was domestic equity, which returned 7.7%, followed by global equity at 4.1%, fixed income at 0.6% and international equity at -5.5%.
As of June 30, the pension fund's actual allocation was 43.2% domestic equity, 26.2% fixed income, 16.1% global equity, and 14.5% international equity.
The pension fund's equity allocations include real estate and private equity, and the fixed income allocation includes private debt.
Robert Maynard, chief investment officer, was not available to provide further information.