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Largest U.S. Pension Buys Up Apple, Intel, and 2 More Big Stocks

Por: MarketWatch Business November 13, 2022

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Calpers declined to comment on the investment changes. The pension managed as of June 30, the end of its fiscal year. At that time, Calpers estimated that its funded status was 72%—meaning it had 72 cents on hand for every dollar of obligation. That’s actually better than average. by the Pew Charitable Trusts using 2020 data showed that state pensions were 69.5% funded, on average. The pension bought 5.4 million more Apple shares to end the... + full article



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