Missouri State Employees' Retirement System, Jefferson City, returned a net -9% for the fiscal year ended June 30, according to an investment report on the pension fund's website.
The fiscal-year return topped the -10% performance of its policy benchmark.
For the three, 10 and 20 years ended June 30, MOSERS returned an annualized net 6.6%, 6.1% and 7.1%, respectively, compared with their respective policy benchmark returns of 4.7%, 5.3% and 6.1%.
The pension fund had returned a net 26.4% for the fiscal year ended June 30, 2021, vs. a 25.2% return by its policy benchmark that year.
As of June 30, MOSERS had an asset allocation of 21% global public equities; 18% Treasury inflation-protected securities; 17% long Treasuries; 11% global private equities; 7% each core bonds and alternative beta; 4% each private credit, hedge funds and private real assets; and the rest in public real assets and commodities.
MOSERS had $9.5 billion in assets as of March 31. The investment report did not provide a current asset size or returns by asset class.
Spokeswoman Candy Smith could not be immediately reached for further details.
