Alaska Journal | Permanent Fund ends fiscal year topping $81B

Tue, 07/27/2021 - 7:08pm
Public equities accounting for 38 percent of the Alaska Permanent Fund’s investment portfolio generated returns of 47.1 percent in the first 11 months of the 2021 fiscal year that ended on June 30. The Fund finished the fiscal year with a value of $81.1 billion. (Photo/Luiz C. Ribeiro for New York Daily News/TNS)
The 2021 fiscal year results are in and the Permanent Fund is the big winner.
Alaska’s primary revenue source ended June with a total value of nearly $81.1 billion after starting the year at $65.3 billion.
The 24 percent growth in the Fund over the fiscal year was on the back of nearly unprecedented overall investment returns, which totaled 26.5 percent for the year through May 31, the most recent performance figures available from the Alaska Permanent Fund Corp.

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