A Halfway Snapshot

Mid Fiscal Year Reviews

The Mid-Fiscal Year Review provides stakeholders with an update on the Permanent Fund’s investment performance, portfolio, and organizational activity halfway through the fiscal year. It highlights key developments and offers insights into the Fund's performance and long-term investment objectives.

Mid-Year Report V12 cover

Established by Alaskans for Alaskans

APFC 2026 Mid Fiscal Year Review

The 2026 Mid Fiscal Year Review marks the Fund’s 50th anniversary and highlights its enduring role as a financial resource for all generations of Alaskans. The report provides a snapshot of the Fund’s performance, structure, and long-term impact at the midpoint of the fiscal year.

Since its first deposit in 1977, the Alaska Permanent Fund has generated $114.5 billion in total return—more than its current value of $86.3 billion. Of that total, $51.4 billion has been distributed to support current generations through dividends and state services, while $63.1 billion remains invested to grow and sustain the Fund for future generations.

Interim Updates

Past Mid Fiscal Year Reviews

Take a closer look at our Mid-Fiscal Year Reports, a mid-year check-in designed to provide timely updates on our progress, financial performance, and key initiatives. These reports offer a snapshot of where we stand and how we are tracking toward our year-end goals.

Transparency and Accountability

APFC Annual Reports

The Annual Report archive provides access to APFC’s annual reports dating back to 1978, documenting the Alaska Permanent Fund’s financial performance, investment strategy, and stewardship over time. Together, these reports offer a historical record of how the Fund has evolved, reflecting changing market conditions, governance, and long-term decision-making in service of current and future generations of Alaskans.
Annual Reports