Arkansas Teacher Retirement System, Little Rock, posted a preliminary estimated return of 30% for the fiscal year ended June 30.
The return, a record for the plan, is net of fees except for those incurred during the quarter ending June 30, confirmed Rod Graves, deputy director of the $21 billion pension fund, in an email.
The pension fund did not provide estimated returns by asset class or preliminary long-term annualized returns.
The plan posted a net loss of 1% for the fiscal year ended June 30, 2020.
The final return figures are expected to be available in September, Mr. Graves added.