FUND NEWS

APFC Board Marks 50 Years of the Fund and Reviews Asset Allocation February 24, 2026

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 Alaska State Legislature’s presiding officers, Senate President Gary Stevens and Speaker of the House Bryce Edgmon, presented the Legislative Citation in honor of the Alaska Permanent Fund’s 50th anniversary. This milestone honors the extraordinary vision and foresight of the Alaskans who created and safeguarded the Fund, voters who enshrined it in the Constitution, the legislators and governors who strengthened it, and the Trustees and investment professionals who steward it with integrity. Today, the State depends on the Fund for the majority of unrestricted general fund revenue, supporting statewide public services and the dividend through the annual percent of market value (POMV) draw. Without the bold leadership of past generations, Alaska’s fiscal landscape would look profoundly different.

“We are deeply grateful that Senate President Gary Stevens and Speaker Bryce Edgmon were able to join us and participate in our meeting today,” said Board Chair Jason Brune. “The continued stewardship of the Fund depends on a shared commitment among the Governor, Legislators, Trustees, and staff to prudent oversight and long-term responsibility.”

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