Permanent Fund grows in January

Posted: Monday, February 05, 2001

ANCHORAGE (AP) -- Alaska's $27.4 billion Permanent Fund rose about $548 million in value last month as its stock and bond portfolio grew.

The oil wealth savings account's stock holdings totaled some $13.5 billion as of Jan. 31. That was up $341 million for the month.

Permanent Fund officials said its U.S. stocks were up $202 million and foreign stocks were up $139 million.

The fund's $11 billion bond portfolio grew by $207 million in January.

The fund also owns $2.7 billion worth of real estate, a figure that went unchanged for the month.

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