The Alaska Permanent Fund’s (Fund) total investment portfolio gained 3.86% in the first quarter of fiscal year 2017 (FY17), getting the year off to a strong start with solid performance across asset classes. With an increase in value of $2 billion to the overall Fund portfolio, the Fund ended September 30, 2016 with a total value of $54.8 billion, comprised of $45.1 billion in Principal and $9.7 billion in the Earnings Reserve.