COE_March_2025.pdf
PDF 63 KB Posted
- Solicitation number
- RFP 30901-62826
- Issued by
- Tennessee
About this file
This document is a monthly return comparison report for the Tennessee Consolidated Retirement System (TCRS) prepared by State Street as of March 31, 2025. The report provides detailed investment performance data across multiple asset categories, including fixed income investments, domestic equity, and international equity. The total portfolio market value is $491,480,996, with a breakdown showing 33.89% in fixed income investments, 45.89% in domestic equity, and 20.22% in international equity. The report compares the State of Tennessee's Comprehensive Equity (COE) portfolio returns against benchmark indices across various time horizons, ranging from 1 month to inception-to-date (ITD), with performance metrics calculated as of the report date.
The portfolio shows mixed performance across different time periods, with a -2.75% return for the 1-month period, but more positive long-term returns, including a 7.45% 3-year return and a 10.95% 10-year return. The investment strategy appears to be diversified, utilizing a 60% Bloomberg Aggregate / 40% S&P 500 benchmark, with specific allocations to domestic fixed income, TIPS fund, domestic equity (both active and passive), and international equity (both active and passive). The report includes inception dates for different investment segments, with the earliest dating back to July 1, 1990, and the most recent additions in January 2013. Each investment category is compared against its respective benchmark, providing a comprehensive view of relative performance and investment strategy effectiveness.
View the file
Other files
| File | Type | Posted |
|---|---|---|
| 2025-04-14_3rd_Party_Investment_Providers.xlsx | XLSX spreadsheet | |
| COF_March_2025.pdf | ||
| K-12_Mental_Health_March_2025.pdf | ||
| QSCB_March_2025.pdf | ||
| RFP_30901-62826_Amendment_1.pdf | ||
| Promise_March_2025.pdf | ||
| RFP_30901-62826.pdf | ||
| Custodian_RFP_Question_50.xlsx | XLSX spreadsheet | |
| TCRS_March_2025.pdf | ||
| OPEB_March_2025.pdf | ||
| RFP_30901-62826.pdf |
Show all 11
On GovTribe
Work with this file
- Download the original file
- Contacts named in this file
- Similar government files
- Ask GovTribe AI about this file
Text version
Return Comparison
State of Tennessee - COE
1 Month 3 Month YTD FYTD 1 Year 3 Year 5 Year 10 Year ITD
-5.00
-2.50
0.00
2.50
5.00
7.50
10.00
12.50
R e tu rn
Return Comparison
State of Tennessee - COE
1 Month 3 Month YTD FYTD 1 Year 3 Year 5 Year 10 Year ITD
-5.00
-2.50
0.00
2.50
5.00
7.50
10.00
12.50
R e tu rn
Market Value
Actual Weight 1 Mth 3 Mth YTD FYTD 1 Year 3 Year 5 Year 10 Year ITD Inc Date
State of Tennessee - COE 491,480,996 100.00 -2.75 -0.26 -0.26 4.82 7.45 5.91 10.95 7.47 7.36 Apr-01-90
60% BC Agg / 40% S&P 500 -2.23 -0.04 -0.04 4.51 6.34 4.06 7.08 6.01 7.53 Apr-01-90
Fixed Income Investments 166,576,727 33.89 0.20 3.33 3.33 5.05 5.32 0.31 0.26 1.84 5.08 Jul-01-90
Bloomberg U.S. Aggregate 0.04 2.78 2.78 4.81 4.88 0.52 -0.40 1.46 5.03 Jul-01-90
Domestic Fixed Income 125,449,690 25.52 0.07 3.10 3.10 4.96 4.99 0.38 -0.59 1.55 5.02 Jul-01-90
Bloomberg U.S. Aggregate 0.04 2.78 2.78 4.81 4.88 0.52 -0.40 1.46 5.03 Jul-01-90
TIPS Fund 41,127,038 8.37 0.59 4.04 4.04 5.39 6.28 0.11 2.44 2.57 3.81 Apr-01-06
FTSE Inflation Linked Securities 0.62 4.17 4.17 5.33 6.35 -0.11 2.43 2.58 3.75 Apr-01-06
Domestic Equity 225,522,718 45.89 -4.81 -3.48 -3.48 4.64 9.24 9.24 18.57 12.43 10.13 Jul-01-90
S&P 500 (DAILY) -5.63 -4.27 -4.27 3.80 8.25 9.06 18.59 12.50 10.45 Jul-01-90
Domestic Passive 225,522,718 45.89 -4.81 -3.48 -3.48 4.64 9.24 9.24 18.57 12.43 13.83 Jan-01-13
S&P 500 (DAILY) -5.63 -4.27 -4.27 3.80 8.25 9.06 18.59 12.50 13.92 Jan-01-13
International Equity 99,381,551 20.22 -0.16 6.67 6.67 4.89 4.53 5.02 11.64 5.37 4.54 Dec-01-05
MSCI EAFE (Net) -0.40 6.86 6.86 5.32 4.88 6.05 11.77 5.40 4.90 Dec-01-05
International Passive 99,381,551 20.22 -0.16 6.67 6.67 4.89 4.53 5.02 11.64 5.37 5.93 Jan-01-13
MSCI EAFE (Net) -0.40 6.86 6.86 5.32 4.88 6.05 11.77 5.40 6.13 Jan-01-13
Tennessee Consolidated Retirement System
March 31, 2025
Total
Limited Access
04/09/2025 12:13:44 PM
This report was prepared for you by State Street Bank and Trust Company (or its affiliates, “State Street”) utilizing scenarios, assumptions and reporting formats as mutually agreed between you and State Street and information or data provided by State Street’s third party data sources (“Suppliers”). While reasonable efforts have been made to ensure the accuracy of the information contained in this report, there is no guarantee, representation or warranty, express or implied, as to its accuracy or completeness. This information is provided “as is” and State Street and its Suppliers disclaim any and all liability and makes no guarantee, representation, or warranty with respect to your use of or reliance upon this information in making any decisions or taking (or not taking) any actions. Neither State Street nor its Suppliers verify the accuracy or completeness of any data, including data provided by State Street for other purposes, or data provided by you or third parties. You should independently review the report (including, without limitation, the assumptions, market data, securities prices, securities valuations, tests and calculations used in the report), and determine that the report is suitable for your purposes.
State Street provides products and services to professional and institutional clients, which are not directed at retail clients. This report is for informational purposes only and it does not constitute investment research or investment, legal or tax advice, and it is not an offer or solicitation to buy or sell any product, service, or securities or any financial instrument, and it does not transfer rights of any kind (except the limited use and redistribution rights described below) or constitute any binding contractual arrangement or commitment of any kind. You may use this report for your internal business purposes and, if such report contains any data provided by Suppliers, including, but not limited to, market or index data, you may not redistribute this report, or an excerpted portion thereof, to any third party, including, without limitation, your investment managers, investment advisers, agents, clients, investors or participants, whether or not they have a relationship with you or have a reasonable interest in the report, without the prior written consent of each such third party data source. You are solely responsible and liable for any and all use of this report.
Copyright © 2025 State Street Corporation, All rights reserved.
File details come from the government source that posted it. Updated .