Diversified Equity Fund

The Diversified Equity Fund invests primarily in the stocks of U.S. companies, and also invests a portion of its assets in stocks of non-U.S. companies and other types of investments. The objective is to achieve a rate of return comparable to the return of the broad equity market.

Investment Returns

Returns shown for 1 Year, 3 Years, 5 Years, and 10 Years are annualized.

Quarter 2/1/25 to 4/30/25	1 Year 5/1/24 to 4/30/25	3 Years 5/1/22 to 4/30/25	5 Years 5/1/20 to 4/30/25	10 Years 5/1/15 to 4/30/25
(6.14%)	9.73%	10.12%	13.38%	9.53%

Unit Value

May 2025: $139.227

Unit Value Historical Data

Asset Allocation

as of December 31, 2022

$14,403 Million

Asset	Allocation	in Millions^
Domestic Equity-Passive Core	62.6%	$9,020
International Equity-Active	25.1%	$3,610
Domestic Active Management	12.3%	$1,771
Miscellanous (Transition and Rebalance Account)	0.0%	$1

^Totals may not add up due to rounding.

Benchmark Comparison

For benchmark comparison information, please access the Fund Profiles booklet.

Teachers' Retirement System of the City of New York

Investment Returns

Unit Value

Asset Allocation

Benchmark Comparison