Houston (TX) Municipal — assets, returns and funding
Pensions: all tracked plans · Australian super in numbers · Private market performance · the PE statistics · what plans disclose · where they diverge
Houston (TX) Municipal (Texas) reported $4.7bn of assets for fiscal year 2025, a one-year investment return of 11.8%, and was 76.9% funded — below the ~80% mark the industry reads as sound.
| Total assets (FY 2025) | $4.7bn |
| 1-year return | 11.8% |
| 5-year return (annualised) | 13.9% |
| 10-year return (annualised) | 9.8% |
| Funded ratio (GASB) | 76.9% |
How the money is invested (asset allocation)
Houston (TX) Municipal held 31.3% of its assets in public equities and 26.3% in fixed income (bonds) for fiscal year 2025 — the largest of 6 sleeves it reports, with the rest below:
| Public equities | 31.3% |
| Fixed income (bonds) | 26.3% |
| Private equity | 24.9% |
| Real estate | 8.9% |
| Hedge funds | 6.8% |
| Cash | 1.8% |
Compare Houston (TX) Municipal with similar plans
The plans most worth reading Houston (TX) Municipal against — similar in size, or invested in the same managers — side by side, each with its own page for the detail:
| Plan | Assets | 1-yr return | Funded ratio | Why comparable |
|---|---|---|---|---|
| Texas Teachers (TRS of Texas) | $226.3bn | 10.8% | 77.5% | Same state — Texas |
| Texas County & District | $56.5bn | 12.6% | 90.7% | Same state — Texas |
| Texas Municipal | $49.4bn | 13.8% | 90.4% | Same state — Texas |
| Texas ERS | $40.1bn | 8.9% | 74.4% | Same state — Texas |
| Houston (TX) Police | $8.3bn | 9.4% | 94.2% | Same state — Texas |
| Houston (TX) Firefighters | $5.8bn | 11.9% | 93.3% | Same state — Texas |
Questions this page answers
How much does Houston (TX) Municipal have in assets?
Houston (TX) Municipal reported $4.7bn in total assets for fiscal year 2025, as compiled by the Public Plans Database.
What return did Houston (TX) Municipal make on its investments?
Houston (TX) Municipal reported a 11.8% one-year investment return for fiscal year 2025, and 9.8% a year over the past ten years, per the Public Plans Database.
Is Houston (TX) Municipal fully funded?
Houston (TX) Municipal was 76.9% funded for fiscal year 2025 — below the ~80% mark many treat as reasonably sound. US public plans face no federal funding minimum, and actuaries add that the trend matters more than any single line (Public Plans Database).
How is Houston (TX) Municipal's money invested?
Houston (TX) Municipal held 31.3% of its assets in public equities and 26.3% in fixed income (bonds), its largest sleeves for fiscal year 2025 (Public Plans Database).
See also: all tracked plans · how the private-equity funds these plans invest in have actually performed, from the plans' own disclosures: private market performance, and where plans' numbers diverge on the same fund.