The California State Teachers’ Retirement System (CalSTRS) produced an 8.4 percent net return on its investments during the fiscal year that ended June 30, outperforming its 7.4 percent benchmark.
The system was valued at $341.4 billion at the end of the fiscal year. Real estate investments, which make up 13.9 percent of CalSTRS’ portfolio, delivered a negative 9.8 percent return for the fiscal year, outperforming the negative 12 percent benchmark for the asset class.
Risk mitigating strategies, which make up 8.4 percent of the system’s portfolio, returned a 2.6 percent yield during the fiscal year, outperforming its 1.8 percent benchmark, and collaborative strategies, which make up 1.6 percent of CalSTRS’s portfolio, generated a 14.4 percent return during the fiscal year, outperforming its 8.8
