The fund is valued at approximately $609 million. It is invested in a highly diversified portfolio of stocks, bonds, mortgages, real estate, oil and gas, reorganization investments, venture capital, and cash instruments.
The Universitys Investment Office issues a quarterly shareholders report to inform Fund beneficiaries of the market value of their shares and their distribution per share on the Funds investment performance. The investment results shown represent total return, which includes both ordinary income and capital gains (losses).
In the past, participants have received only information on total returns of which distributions are a part. Distributions are made at 5.5 percent of the 12-quarter average share value. The other component of returnreinvested capital gains and, to the extent available, reinvested incomeis essential to protecting endowment gifts and endowment distributions against inflation.
For additional details, call the Investment Office, 763-1299.