Oregon Employees posts 5.98% return in 2023

Oregon Public Employees Retirement Fund (OPERF) returned 5.98 percent during the 2023 calendar year, with real estate generating a -10.21 percent return.

Over the past three, five and 10 years, OPERF has generated net annualized returns of 7.8 percent, 8.9 percent and 7.6 percent, respectively.

For OPERF’s real estate investments, the past three, five and 10 years have seen net annualized returns of 8.7 percent, 7.2 percent and 7.7 percent, respectively.

As of Jan. 31, 2024, 14.2 percent ($13.2 billion) of OPERF’s $92.9 billion was allocated toward real estate investments.