Investment portfolio
CalSTRS is the largest educator-only pension fund in the world with assets totaling approximately $311.1 billion as of April 30, 2023.
| Asset | Net asset value (in millions) | Actual | Current target | Difference | Range |
|---|---|---|---|---|---|
| Public Equity* | 123,003 | 39.53% | 42.00% | -2.47% | +/- 6% |
| Fixed Income | 32,210 | 10.35% | 12.00% | -1.65% | +/- 3% |
| Real Estate* | 50,741 | 16.31% | 15.00% | 1.31% | +/- 3% |
| Private Equity* | 47,911 | 15.40% | 13.00% | 2.40% | +/- 3% |
| RMS | 27,174 | 8.73% | 10.00% | -1.27% | +/- 3% |
| Inflation Sensitive | 18,844 | 6.06% | 6.00% | 0.06% | +/- 3% |
| Cash / Liquidity | 6,571 | 2.11% | 2.00% | 0.11% | +/- 3% |
| Innovative strategies* | 4,281 | 1.38% | 0.00% | 1.38% | +/- 2.5% |
| Strategic overlay | 395 | 0.13% | 0.00% | 0.13% | |
| Total investment assets | 311,130 | 100.00% | 100.00% |
* Includes Sustainable Investment & Stewardship Strategies public and private investments total of $9,451 (in millions)