Historical Returns

The following charts show the Historical Returns as of the end of each fiscal year, September 30.

 
Total Return*
(in %)
Total Net Asset Value
($ in millions)
Participating Members
2025 Fixed Income 3.37 978.8 33,515
2025 Equity 17.59 1,876.1 31,685
2025 STIF 4.64 230.4 9,611
2024 Fixed Income 11.33 1,008.5 33,061
2024 Equity 36.29 1,625.8 29,306
2024 STIF 5.63 225.3 8,501
2023 Fixed Income 2.26 965.4 33,052
2023 Equity 21.61 1,210.9 27,794
2023 STIF 4.91 213.9 7,522
2022 Fixed Income -12.75 1,014.0 33,440
2022 Equity -15.43 1,002.8 27,042
2022 STIF 0.81 1,809.1 6,439
2021 Fixed Income 0.12 1,274.8 33,976
2021 Equity 30.12 1,238.6 26,064
2021 STIF 0.07 107.4 4,980
2020 Fixed Income 7.22 1,331.0 33,973
2020 Equity 15.07 957.6 24,778
2020 STIF 1.05 97.6 4,391
2019 Fixed Income 9.30 1,274.2 33,814
2019 Equity 4.27 851.9 23,843
2019 STIF 2.44 81.4 3,615
2018 Fixed Income -0.51 1,219.6 33,634
2018 Equity 17.91 829.4 22,425
2018 STIF 1.71 66.8 2,657
2017 Fixed Income 0.82 1,303.1 33,826
2017 Equity 18.49 690.3 20,954
2017 STIF 0.87 51.1 1,841
2016 Fixed Income 6.09 1,372.5 34,095
2016 Equity 15.39 561.7 19,708
2016 STIF 0.41 40.8 1,127
2015 Fixed Income 2.91 1,328.7 34,226
2015 Equity -0.61 491.4 19,188
2015 STIF 0.07 13.9 383