June 30 Financial Statements Revision

In Uncategorized by Paulyn

The  June 30, 2020 financial statements for the Alaska Permanent Fund have been revised.  The revision reflects an increase in the Fund’s unrealized gains for private market holdings based upon the most recent valuation information available.

Based on the revised, June 30, 2020 financial statements at the fiscal year-end 2020, the Alaska Permanent Fund had a total value of $65.3 billion.

The Principal value is $52.4 billion; which includes $46.6 billion in constitutionally protected deposits, and $5.8 billion in unrealized gains.

The value of the Earnings Reserve Account (ERA) is $12.9 billion; which includes $8.4 billion of unspent realized earnings, $1.4 billion in unrealized gains, and $3.1 billion of committed realized earnings for the FY21 percent of market value (POMV) distribution to the general fund.

The July 31, 2020 financial statements will include the revised June 30, 2020 values for fiscal year-end 2020, as well as the values for the first month of the fiscal year 2021.