Commemorating 40 Years - Investing for Alaskans since 1980

INVESTING FOR ALASKA

INVESTING FOR THE LONG RUN

WHO WE ARE

APFC is a state-owned corporation, based in Juneau, that manages the assets of the Alaska Permanent Fund and other funds designated by law, such as the Alaska Mental Health Trust Fund.

Our vision is to deliver sustained

and compelling investment returns

A Pioneering Investment Model

Total Fund Value

as of May 31, 2020

$63,742,800,000

Principal $46.1 Billion | ERA $17.6 Billion

Financial Statements

Principal

$46.1 B

Contributions: $41.9 B | Unrealized Gains: $4.2 B

Earnings Reserve Account

$17.6 B

Realized Earnings $8.1 B | Unrealized Gains $1.6 B

There are also $7.9 B of committed realized earnings for the FY21 POMV distribution to the General Fund, and the FY 20 Special Appropriation and Inflation Proofing for the Principal.

Value Added

AS OF June 30, 2019

$6.2 B

VS PASSIVE BENCHMARK OVER 5 Years

Daily Fund Market Value

Rate of Return

FYTD AS OF June 30, 2019

6.32%

7.13% OVER 5 YEARS

Performance Reports

Fund News

APFC Welcomes Trustee Steve Rieger to the Board

May 13, 2020

APFC Quarterly Board of Trustees Meeting

May 13, 2020

APFC Audit Committee Meeting

May 13, 2020

APFC Extends Condolences to the Mallott Family

May 8, 2020
>>News archive

Fund News

Trustees Wrap Up Two-Day Webinar Meeting May 21, 2020

APFC’s Board of Trustees held its quarterly meeting via Webinar on May 20-21, 2020.

In recognition of Trustee Carl Brady’s recent passing, Chair Richards, on behalf of the staff and the Board, expressed “our profound gratitude to Carl’s family for his years of service to the Fund and the State of Alaska.  We share in their loss of this monumental Alaskan.” With Trustee Brady’s passing, his longtime friend and fellow long-serving Trustee, Bill Moran, was elected to fill the position of Vice-Chair.

The Board’s two-day agenda provided the Trustees the opportunity to assess the performance of the Alaska Permanent Fund (Fund) through the third quarter of fiscal year 20 (FY20), review the asset allocation of the portfolio, adopt the revised investment policy, and interview and select two investment advisors: Kenneth J. Frier, Principal with SECOR Asset Management and John D. Skjervem, Chief Executive Officer, Allan Biller and Associates.

Full News Release: 2020MAY21_APFC BOT Quarterly Meeting FY20 Q3

Fund News

Fund News

Trustees Wrap Up Two-Day Webinar Meeting May 21, 2020

APFC’s Board of Trustees held its quarterly meeting via Webinar on May 20-21, 2020.

In recognition of Trustee Carl Brady’s recent passing, Chair Richards, on behalf of the staff and the Board, expressed “our profound gratitude to Carl’s family for his years of service to the Fund and the State of Alaska.  We share in their loss of this monumental Alaskan.” With Trustee Brady’s passing, his longtime friend and fellow long-serving Trustee, Bill Moran, was elected to fill the position of Vice-Chair.

The Board’s two-day agenda provided the Trustees the opportunity to assess the performance of the Alaska Permanent Fund (Fund) through the third quarter of fiscal year 20 (FY20), review the asset allocation of the portfolio, adopt the revised investment policy, and interview and select two investment advisors: Kenneth J. Frier, Principal with SECOR Asset Management and John D. Skjervem, Chief Executive Officer, Allan Biller and Associates.

Full News Release: 2020MAY21_APFC BOT Quarterly Meeting FY20 Q3

APFC Welcomes Trustee Steve Rieger to the Board

May 13, 2020

APFC Quarterly Board of Trustees Meeting

May 13, 2020

APFC Audit Committee Meeting

May 13, 2020

APFC Extends Condolences to the Mallott Family

May 8, 2020
>>News archive

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BONDS

The Fixed Income Plus portfolio acts as an anchor to the Fund and is comprised of Bonds, Emerging Market Debt, TIPS, REITs, and Listed Infrastructure. During volatile market cycles, these assets provide stability and a source of liquidity to take advantage of market dislocations. Trading is…read more