003 · Benchmarks
Oklahoma Teachers.
Targets, ranges and benchmarks as the document states them. Our copy of the IPS.
| Asset class | Bucket | Target | Range | Benchmark |
|---|---|---|---|---|
| U.S. Equity | Public Equity | 32.4% | 38.3% - 52.3% (target 45.3%) | — |
| International Equity | Public Equity | 14.1% | 14.7% - 24.7% (target 19.7%) | — |
| Fixed Income | Fixed Income | 25% | 29.0% - 41.0% (target 35.0%) | Bloomberg US UniversalBloomberg U.S. Universal Index |
| Real Estate | Real Estate | 8% | — | NCREIF ODCE + 0.5% annuallyNFI-ODCE + 0.5% annually |
| Infrastructure | Real Assets / Infrastructure | 3% | — | Consumer Price (CPI) + 4% annuallyConsumer Price Index (CPI) + 4% annually |
| Private Equity | Private Equity | 10% | — | 85% Russell 3000 / 15% MSCI ACWI ex-US + 2.5% annually85% Russell 3000 / 15% MSCI ACWI ex-U.S. (net) + 2.5% annually |
| Private Debt | Private Credit / Debt | 7.5% | — | Morningstar LSTA US Leveraged Loan 100 + 3% annuallyMorningstar LSTA U.S. Leveraged Loan 100 Index + 3% annually |
| Cash | Cash | 0% | — | — |
| U.S. Equities | Public Equity | — | — | Russell 3000Russell 3000 Index |
| International Equities | Public Equity | — | — | MSCI ACWI ex-USMSCI ACWI ex-U.S. Index (net) |
| Real Assets | Real Assets / Infrastructure | — | — | 73% Custom Real Estate Benchmark / 27% Infrastructure Benchmark |