Investment portfolio
CalSTRS is the largest educator-only pension fund in the world with assets totaling approximately $304.9 billion as of October 31, 2023.
| Asset | Net asset value (in millions) | Actual | Current target | Difference | Range |
|---|---|---|---|---|---|
| Public Equity* | 113,607 | 37.26% | 41.00% | -3.74% | +/- 6% |
| Fixed Income | 31,803 | 10.43% | 12.00% | -1.57% | +/- 3% |
| Real Estate* | 49,625 | 16.28% | 15.00% | 1.28% | +/- 3% |
| Private Equity* | 50,335 | 16.51% | 14.00% | 2.51% | +/- 3% |
| RMS | 26,794 | 8.79% | 10.00% | -1.21% | +/- 3% |
| Inflation Sensitive | 19,676 | 6.45% | 6.00% | 0.45% | +/- 3% |
| Cash / Liquidity | 7,726 | 2.53% | 2.00% | 0.53% | +/- 3% |
| Innovative strategies* | 4,893 | 1.61% | 0.00% | 1.61% | +/- 2.5% |
| Strategic overlay | 420 | 0.14% | 0.00% | 0.14% | |
| Total investment assets | 304,879 | 100.00% | 100.00% |
* Includes Sustainable Investment & Stewardship Strategies public and private investments total of $4,530 (in millions)