OUR PERFORMANCE

APFC is committed to meeting the performance objectives established by the Board of Trustees and achieving the goals set forth in APFC’s Strategic Plan to develop and fully implement best-in-class asset allocation and asset class investment capabilities to produce target long-term total returns. Our investment performance and financial results are disclosed through monthly and annual reports.

Permanent Fund Value

Permanent Fund Return

Total Fund Value

as of October 31, 2024

$79,010,400,000

Principal

$58.5B

Unrealized Gains: $12.8B

ERA Uncommitted

$1.5B

+ Committed FY25 POMV $3.8B
+ FY25 Inflation Proofing $1.0B Committed + Unrealized Gains $1.4B

Rate of Return

FYTD AS OF September 30, 2024

3.61%

8.74% over 5 years

DAILY MARKET VALUES

Assets Under Management

Unaudited, as of market close on Wednesday November 20, 2024

The daily market values reflect all assets in the portfolio and their market valuations on a given day. The totals below have deducted investment-related liabilities, like pending purchases. They do not reflect APFC’s obligations, such as income distributable to the General Fund and operating expenses, which are reported on the monthly financial statements. Additionally, these values are adjusted to reflect only the Permanent Fund valuations without the Power Cost Equalization Endowment Fund and Alaska Mental Health Trust financials.

PORTFOLIO NAME

Wednesday November 20, 2024

Stocks

$25,871,800,000

Bonds

$16,328,400,000

Private Equity

$14,486,800,000

Real Estate

$9,356,800,000

Private Income and Infrastructure

$7,004,200,000

Absolute Return

$5,757,400,000

Tactical Opportunities

$640,500,000

Risk Parity

$0

Cash

$1,880,900,000

Total

$81,326,800,000

Fund Value

The Total Fund Value is comprised of the Principal (non-spendable) and the Earnings Reserve Account (spendable). The Fund market value, which is based upon the previous day’s market close, fluctuates daily based on the current market conditions. Monthly financial statements reflect the current value of the Fund. An annual report is produced at the end of each fiscal year (July 1 – June 30) which contains year end Fund values, performance and audit information. 

HISTORICAL Values of PRINCIPAL & Earnings Reserve

HISTORICAL Values of PRINCIPAL & Earnings Reserve

Growth of the Fund

All dollars in millions

Components of Principal