APFC - Alaska Permanent Fund Corporation

07/31/2024 | Press release | Distributed by Public on 07/31/2024 15:01

Beyond the Numbers: What Key Financial Statements & Balance Report Mean for Alaskans

JUNEAU - The Alaska Permanent Fund Corporation (APFC) is pleased to provide the preliminary, end of FY24 financial statements and the beginning of FY25 fund balance report.

As of June 30, 2024, the end of FY24, the Alaska Permanent Fund has an unaudited total value of $80.3 billion. The value of the permanent savings in the Principal is $58.4 billion, with $12.2 billion of associated unrealized gains. The realized earnings generated from investment activity amounted to $4.2 billion in FY24, and this statutory net income was deposited into the Earnings Reserve Account. Recognizing there is considerable movement in the transition between the end of FY24 and the beginning of FY25, we've broken the numbers down to highlight what they mean for Alaskans. Click here to read the full press release.

APFC has developed an infographic and launched a new web page to help Alaskans "Understand Our Fund."