The Alaska Permanent Fund Hit $49.7-Billion Dollars at the End of 2013

The value of the Alaska Permanent Fund at the end of 2013 was $49.7-billion dollars. The value of the fund was buoyed by the 9.2-percent return for the first half of the fiscal year. The Permanent Fund’s U.S. stock portfolio has returned 19.8-percent so far this year. CEO Mike Burns notes that 2013 was the best year for U.S. stocks since 1995. The non-U.S. stock portfolio has increased by 13.8-percent and the global portfolio is up 17-percent. The real estate portfolio increased by 4.4-percent. The annual Alaska Permanent Fund Dividend is determined by the Fund’s statutory net income, which so far this fiscal year totals about $1.3-billion dollars.