In 2024, APFC delivered long-term value for Alaskans through impact,
mission-driven excellence, and strong governance.
Lasting Benefits for Alaskans:
At the end of FY24, the Fund’s investments had generated more than $87.8 billion in earnings since inception, supporting inflation-proofing, the PFD, and government services and programs.
Long-Term Impact:
APFC’s investment strategy delivers long-term results. Over the 10-year period ending in FY24, the total Fund achieved an 7.69% return, surpassing the performance benchmark of 5.45%.
Mission-Driven:
APFC was named as one of the Best Places to Work by Pensions & Investments and welcomed 5 talented new employees who share our values of integrity, stewardship, and passion.
Strong Governance:
The Board of Trustees approved updates to its governance, aligning APFC with industry best practices and ensuring that APFC remains at the forefront of investment management and oversight.