TRS Investments Rebound
In the wake of the economy-crippling COVID-19 pandemic, Teachers’ Retirement System assets experienced a $4.9 billion rebound between March and July, climbing to a total of $53.4 billion.
The worldwide effect of the coronavirus impacted TRS investments between January and the end of fiscal year 2020 (FY2020) on June 30. The preliminary TRS investment return for FY2020 hovered close to the break-even mark at +0.52 percent, net of fees, on June 30. By comparison, on December 31, 2019, the half-way mark in FY2020, the TRS rate of return was +13.41 percent.