Old Times – Alaska Permanent Fund 1981 Asset Allocation
In 1976, the State of Alaska amended its constitution by voter approval to create the APFC. In 1981, the actual administrative expenses were totaled at US$ 165,000. The market value at the time of June 30, 1981 was US$ 1,794,439,000.
|Asset Class||Allocation from June 30, 1981|
|U.S. Treasury Notes and Bonds||35.3%|
|U.S. Treasury Bills||25.9%|
|Certificates of Deposit||7.5%|
|Federal Agency Notes||0.6%|
|Securities Purchased Under Agreements to Resell||0.4%|