Permanent Fund Corp. earns 12.6% in FY17

While the State of Alaska is still mired in a damaging cycle of multibillion-dollar budget deficits, it’s hard to imagine a scenario in which its biggest financial asset could be doing better.

The Alaska Permanent Fund Corp. achieved a 12.57 percent return on its namesake Fund during the 2017 fiscal year that ended June 30. The Permanent Fund ended the year with a record value of $59.8 billion.

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