Investing for Alaska

Managing Alaska's Sovereign Wealth Fund

Alaska Permanent Fund Corporation

APFC is a state-owned corporation, based in Juneau, that manages the assets of the Alaska Permanent Fund and other funds designated by law, including the Alaska Mental Health Trust Fund and Power Cost Endowment Fund. The APFC Board of Trustees has established Bylaws, Governance and Investment Policies, and Resolutions to support an efficient and effective management structure.
$734,000
Total Fund Value as of May 31, 2026
Rate of Return 11.94% FYTD and 6.70% over 5 years as of May 31, 2026
The Fund, Its Structure & Impact
50 Years of Alaska Permanent Fund logo

Stewardship for Generations

Celebrating 50 Years of the Alaska Permanent Fund

The Alaska Permanent Fund was created by Alaskans, for Alaskans, to transform a finite natural resource into lasting, renewable value for generations to come. By investing a portion of Alaska's oil revenues, the Fund helps secure long-term financial stability for the state, supports public services, and protects the future of Alaska's economy, ensuring today's resource wealth continues to benefit Alaskans well beyond the present.
The Fund at 50

Stay Informed

Fund News

APFC Seeks Alaskans’ Stories for Fund’s 50th Anniversary

July 9, 2026

As the Alaska Permanent Fund marks its 50th anniversary, APFC is inviting Alaskans to help document the people, places, and communities connected to the Fund’s first 50 years.

Through the 50th Anniversary Media Collection Project, APFC is collecting photos, videos, historical images, quotes, and story materials from across the state. Selected materials may appear in APFC’s annual report, anniversary video, website, social media, public education materials, and future communications.

APFC is collecting materials through two public-facing pathways.

  • Alaskans are invited to submit photos, videos, historical images, quotes, and story materials directly via Dropbox.
  • APFC has also issued a Request for Information for photographers, videographers, historians, archivists, researchers, organizations, archives, and other qualified contributors who may have existing materials, historical resources, or proposed paid project ideas. Read the request for information here.

Submissions may include images or stories showing families, communities, work, public life, shared places, intergenerational moments, historic events, or everyday scenes that help tell the story of Alaska across time.

Learn more and submit materials at https://apfc.org/media-project/.

Permanent Fund Origins  

Stewarding Alaska’s Future

Listen to APFC Executive Director & CEO Deven Mitchell discuss the history and mission of the Fund, and what serving as the Corporation's leader means to him.

People Behind the Fund
People Behind the Fund - Meet Deven Mitchell

Governance is Good Business

Governance

Governance serves as the foundation for our accountability, independence, and long-term success. It includes the laws, policies, procedures, and oversight frameworks that direct how the Corporation operates and how the Alaska Permanent Fund is managed for both current and future generations. Critical factors for APFC’s governance success include effective independent management and organizational structure, adherence to accountability standards, clearly defined legal and regulatory responsibilities, established policies and procedures, and leadership in setting best-practice standards.

GOVERNANCE