Alaska Permanent Fund

DEFINITION of 'Alaska Permanent Fund'

A permanent fund for the U.S. state of Alaska. The Alaska Permanent Fund originates from surplus revenues gained from the development of Alaska's oil and gas reserves.

BREAKING DOWN 'Alaska Permanent Fund'

The Alaska Permanent Fund was established in 1976 by an amendment to the Alaska state constitution. The fund pays an annual dividend to all Alaska residents who meet eligibility requirements. The fund invests in a wide array of asset classes, including domestic stocks, U.S. bonds, global stocks, real estate and private equity.

RELATED TERMS
  1. Alaska Trust Act

    Provides protection against creditors for irrevocable trusts ...
  2. New Mexico State Investment Office ...

    The New Mexico State Investment Office (SIO) is responsible for ...
  3. Permanent Current Asset

    The minimum amount of current assets a company needs to continue ...
  4. Closed Fund

    A mutual fund that has been closed - either temporarily or permanently ...
  5. Permanent Open Market Operations ...

    When the Federal Reserve buys or sells securities outright in ...
  6. Permanent Income Hypothesis

    A theory of consumer spending which states that people will spend ...
Related Articles
  1. Personal Finance

    How Much Money Do You Need to Live in Alaska?

    Learn the average costs for necessities in Alaska, and understand how much money you need to live as a student, professional and unemployed job seeker.
  2. Investing

    Alaska Air Wins Bidding War for Virgin America (ALK, VA)

    A hard-fought bidding war between Alaska Air and JetBlue Airways has come to an end, with Alaska confirming early Monday morning that it will acquire Virgin America for $2.6 billion
  3. Retirement

    What Does It Cost to Retire in Alaska?

    Learn how much money it takes to retire with a comfortable lifestyle in Alaska, and discover some ways to save for an Alaskan retirement.
  4. Markets

    Alaska Air Lands Virgin America for $2.6 Billion

    Alaska Air Group (NYSE: ALK) recently agreed to buy Virgin America (NASDAQ: VA) for $2.6 billion, beating a rival bid from JetBlue Airways (NASDAQ: JBLU). The acquisition will enable Alaska ...
  5. Markets

    5 States with the Highest GDP Per Capita

    Learn about the top five states ranked by their real gross domestic product (GDP) per capita as of 2014: Alaska, North Dakota, New York, Connecticut and Wyoming.
  6. Retirement

    Most Seniors Don't Have a Comfortable Nest Egg

    A new study by Bankrate.com shows people in only three states are saving at least 70% of their pre-retiree income.
  7. Markets

    Alaska Air Group Graduates to the S&P 500

    Alaska Air Group (NYSE: ALK) has climbed into the ranks of a major stock index: S&P Global announced that the airline will be the newest component of the S&P 500. The company replaces solid-state ...
  8. Markets

    Virgin America Stock Rises on Q1 Earnings Beat (VA, ALK)

    Given Virgin's Q1 revenue and earnings beat, marking the fifth time in six quarters, is Alaska Airlines getting a better bargain than initially believed?
  9. Retirement

    You Would Be Crazy to Retire in These 3 States

    Learn the common criteria for choosing a retirement destination, and understand why you would be crazy to retire in Oregon, Missouri or Alaska.
  10. Investing

    Delta Air Lines Plans a 50% Dividend Hike in Q3

    Delta Air Lines stockholders will soon get more change in their pockets if the carrier's latest capital allocation plans are realized. The company announced in a presentation at an industry ...
RELATED FAQS
  1. Will I have to pay additional taxes on my income next year due to a QDRO Cash Payout?

    I am expecting a QDRO in which I plan to take a cash payout, then rollover the remaining amount into an IRA. I understand ... Read Answer >>
  2. What is a permanent portfolio?

    A permanent portfolio is a portfolio construction theory devised by free-market investment analyst Harry Browne in the 198 ... Read Answer >>
  3. When was the Bureau of Indian Affairs created?

    Formed on March 11, 1824, the Bureau of Indian Affairs is the oldest operating bureau within the United States Department ... Read Answer >>
  4. Can I transfer Class A shares of one fund into Class A shares of another without ...

  5. Can mutual funds only hold stocks?

    Learn about which types of mutual funds consist of only stocks, which may include stocks in addition to other assets and ... Read Answer >>
  6. What are common mutual funds an investor should consider for investing in oil and ...

    Discover specific information about three of the most common mutual funds for an investor to consider for investing in the ... Read Answer >>
Hot Definitions
  1. Quantitative Trading

    Trading strategies based on quantitative analysis which rely on mathematical computations and number crunching to identify ...
  2. Bond Ladder

    A portfolio of fixed-income securities in which each security has a significantly different maturity date. The purpose of ...
  3. Duration

    A measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates. ...
  4. Dove

    An economic policy advisor who promotes monetary policies that involve the maintenance of low interest rates, believing that ...
  5. Cyclical Stock

    An equity security whose price is affected by ups and downs in the overall economy. Cyclical stocks typically relate to companies ...
  6. Front Running

    The unethical practice of a broker trading an equity based on information from the analyst department before his or her clients ...
Trading Center