FREQUENTLY ASKED QUESTIONSFind out the answers to some frequently asked questions about the Alaska Permanent Fund Corporation.Why did Alaskans create the Fund?What is the purpose of the Permanent Fund?How does the Fund work?How does the Fund grow?How is the Fund invested?How big is the Permanent Fund?What happens to Fund income?How is the Fund doing?What is the difference between the Alaska Permanent …
Contact Us
CONTACT USAPFC manages and invests the Alaska Permanent Fund on behalf of Alaskans.Alaska Permanent Fund Corporation801 W 10th Street, Suite 302Juneau, AK 99801 APFC General Inquiries: contact@apfc.orgPhone: 907.796.1500Fax: 907.463.1573 To provide public comments and statements to the APFC Board of Trustees email: boardpubliccomment@apfc.org.Questions about the Alaska Permanent Fund Dividend:APFC does not administer or manage the Permanent Fund Dividend program. Contact …
Careers
CAREERSOur vision is to deliver outstanding returns for the benefit of all current and future generations of Alaskans.Our staff includes renowned professionals from across the globe who are truly passionate about the part they play in this unique organization. APFC is recognized as the United States’ leading sovereign wealth fund and is highly regarded throughout the global investment community as well as within …
Financial and Performance Reports
FINANCIAL ANDPERFORMANCE REPORTSFINANCIAL STATEMENTSAPFC’s monthly financial statements show the assets, liabilities, and Fund balance of the Alaska Permanent Fund for the current month closing date and the previous fiscal year end, as well as details regarding the income and expenses of the Fund. The financial statements also include the Statutory Net Income Calculation which is defined in AS 37.13.140 and excludes unrealized gains and losses …
Private Income – Infrastructure, Private Credit, Income Opportunities
PRIVATE INCOMEINFRASTRUCTURE, PRIVATE CREDIT, INCOME OPPORTUNITIESThe Private Income strategy aims to provide the Fund with a high level of income and limited volatility, through investments in infrastructure, private credit and other income producing assets. Across the portfolio, investments should offer a significant level of downside protection.KEY PORTFOLIO FIGURES$6.8 Bas of June 30, 20239%FY24 target asset allocationMANDATEStrategyThe Private Income strategy invests …
Absolute Return
ABSOLUTE RETURNThe APFC’s Absolute Return strategy aims to provide the Fund a consistent, uncorrelated return that is accretive to the overall target return. The portfolio offers better liquidity than most alternative investments, while investing in a diversified range of geographies, securities, and strategies.KEY PORTFOLIO FIGURES$5.6 Bas of June 30, 202318managers7%FY24 TARGET ASSET ALLOCATIONMANDATEStrategyThe Absolute Return strategy invests in hedge fund managers uncorrelated to overall markets. …
Fixed Income
FIXED INCOMEThe Fixed Income portfolio acts as an anchor to the Fund. During volatile market cycles, these assets provide stability and a source of liquidity to take advantage of market dislocations. Trading is done on a daily basis and the Juneau based trading desk has a direct line to all the major banks on Wall Street. Technology has allowed for …
Guiding Principles
steward of alaska’slargest public trustWho We AreGuiding PrinciplesHistoryFund ManagementGuiding PrinciplesAPFC MissionTo manage and invest the assets of the Permanent Fund and other funds designated by law.APFC VisionOur vision is to deliver outstanding returns for the benefit of all current and future generations of Alaskans.APFC ValuesIntegrityWe act in an honorable, respectful, professional manner that continually earns and justifies the trust and …
Who We Are
Alaska’s Permanent FundInvestment ManagerWho We AreGuiding PrinciplesHistoryFund ManagementWho We AreThe Alaska Permanent Fund Corporation (APFC) was created by the Alaska Legislature in 1980 as a quasi-independent state entity tasked with the important mission of prudently investing and managing the assets of the Alaska Permanent Fund. As one of the first sovereign wealth funds, and the largest state-level fund of its …
Public Equities
PUBLIC EQUITIESThe Public Equities allocation is comprised of US, International and Global Stocks. The portfolio is actively structured to perform well in a variety of market environments, including positively trending equity markets and weaker market environments. The components of this structure include asset allocation, external manager selection, and internal management of equities.KEY PORTFOLIO FIGURES$27.1 Bas of June 30, 202390Countries Represented …