JUNEAU, Alaska – February 25, 2026 – The Alaska Permanent Fund Corporation’s (APFC) Board of Trustees convened its quarterly meeting on February 23 and 24, 2026, in Juneau and online. Trustees received updates on the Fund’s operations and investment activity, including presentations on asset allocation and Fixed Income. Legislative Partnership Honoring 50 Years of the Alaska Permanent Fund The 34th …
APFC Releases the 2026 Mid Fiscal Year Review
The Alaska Permanent Fund Corporation has released its 2026 Mid-Fiscal Year Review, marking the Fund’s 50th anniversary and highlighting its enduring role as a financial resource for generations of Alaskans. The report provides a snapshot of the Fund’s performance, structure, and long-term impact at the midpoint of the fiscal year. Since its first deposit in 1977, the Alaska Permanent Fund …
Alaska Celebrates the Fund’s First 50 Years, Prepares for the Next 50 Years
Established by Alaskans for Alaskans Fifty years ago, in 1976, Alaskan voters amended the state constitution to set aside a portion of the state’s revenues from oil and minerals to establish the Alaska Permanent Fund to benefit future generations of Alaskans. “The generations who established and built the Permanent Fund prioritized the future of Alaska over their ability to take …
APFC Holds Annual Meeting of the Board of Trustees
The Board of Trustees of the Alaska Permanent Fund Corporation (APFC) convened its Annual Meeting on October 1–2, 2025, in Anchorage and via Teams webinar. Trustees reviewed the Fund’s performance, asset allocation, and the Public Equities asset class. In keeping with its annual governance responsibilities, the Board elected corporate officers. “The Alaska Permanent Fund continues to perform well, delivering strong …
APFC Release the 2025 Annual Report
The Alaska Permanent Fund Corporation (APFC) announced the release of its 2025 Annual Report, 49 Forward. For 49 years, the Fund has transformed resource wealth into a legacy of stability, opportunity, and shared prosperity for every generation. As we look ahead to its 50th year, we celebrate Alaska’s vision, resilience, and enduring strength. The Alaska Permanent Fund is unique as …
APFC Featured in a Bloomberg’s Podcast on “Lessons from the One Sovereign Wealth Fund in the U.S.”
On Monday, August 18, 2025, APFC was featured on Bloomberg’s Odd Lots, a top-ranked investing podcast. In the podcast, APFC CEO Deven Mitchell and CIO Marcus Frampton sat down with hosts Joe Weisenthal and Tracy Alloway to discuss the Alaska Permanent Fund’s origin, evolution, and the role it plays in the state’s fiscal future. What sets the Alaska Permanent Fund …
APFC FY25 Q3 Performance Snapshot: Steady Gains Despite Volatility
The Alaska Permanent Fund earned a 4.55% return as of March 31, 2025, three quarters into the fiscal year. “I am pleased that APFC’s active investment management approach has added value against the performance benchmark we have been assigned both in the short term (FYTD) and the longer time horizon that we manage portfolios against (5-year). In this period of …
APFC Welcomes John Binkley to the Board of Trustees
APFC welcomes John Binkley, a lifelong Alaskan and Fairbanks businessman to the Alaska Permanent Fund Corporation’s Board of Trustees. Trustee Binkley has been appointed by Governor Dunleavy to one of four public seats on the Board. The Board of Trustees is charged with serving as fiduciaries for the Alaska Permanent Fund, Alaska’s largest renewable source of revenue. The APFC Board …
APFC Releases 2024 Annual Report
The Alaska Permanent Fund Corporation (APFC) announced the release of its 2024 Annual Report, “Illuminating the Future.” The establishment of the Fund and Corporation was and remains visionary—to secure Alaska’s financial future through the prudent and diversified investment of a portion of our state’s resource-based wealth. The report highlights a year of disciplined management, significant growth, and prudent investment strategies. …
Beyond the Numbers: What Key Financial Statements & Balance Report Mean for Alaskans
JUNEAU – The Alaska Permanent Fund Corporation (APFC) is pleased to provide the preliminary end of FY24 financial statements and the beginning of the FY25 Fund Balance Report. As of June 30, 2024, the end of FY24, the Alaska Permanent Fund has an unaudited total value of $80.3 billion. The value of the permanent savings in the Principal is $58.4 …