Alabama Trust Fund
|United States – Alabama||US$ 2.5 billion||Origin: Oil & Gas|
Transparency Rating: 9
View Sovereign Fund Transaction Data
|Firm Investment Style: n/a
Entity Structure: Fund
Population Est.: 4.822 million – 2012
The Alabama Trust Fund (ATF) is funded by royalty payments that are received each month from oil and gas companies. 65% of those royalties remain as assets of the Alabama Trust Fund each year.
Background on Alabama Trust Fund
The fund is an investment vehicle for the management of oil and gas capital payments generated from drilling activity in Alabama’s offshore waters.
The initial amount of the fund was US$ 334 million. The gas royalty payments are in decline and are expected to cease in or about 2032.