04.08.2011 - Alaska Permanent Fund tops $40 bln, but PFD yield is down
The Alaska Permanent Fund Corporation (APFC) announced the release of its year-end financial report on Tuesday. The unaudited figures show the Permanent Fund ended the year at $40.1 billion and saw a 20.6-percent return over FY2011, marking the first time in history the fund has closed a year over $40 billion, and the first time since 1986 that the rate of return has topped 20 percent. The strong performance in 2011, however, will likely take a few years to boost dividend checks..............................................Full Article: Source
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