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.
Next Up
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
-
New Mexico State Investment Office ...
The New Mexico State Investment Office (SIO) is responsible for ... -
Permanent Current Asset
A permanent current asset is a minimum amount of current assets ... -
Permanently Restricted Assets
Permanently restricted assets are funds of a nonprofit organization ... -
Permanent Loan
A permanent loan is an agreement in which an individual, trust, ... -
Permanent Income Hypothesis
The Permanent Income Hypothesis is a theory of consumer spending ... -
Closed Fund
A closed fund is a fund that is closed - either temporarily or ...
Related Articles
-
RetirementWhat 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. -
InvestingAlaska and ConocoPhillips Unite in Gas Deal (COP)
ConocoPhillips and the state of Alaska signed an agreement today regarding North Slope natural gas. Conoco will sell the gas in exchange for tax breaks. -
InsightsAlaska, Virgin America Report December Traffic Statistics (ALK)
Alaska Air Group has released December operational results for its five subsidiary airlines. -
InvestingAlaska Airlines Unveils Premium Economy, Updates First Class (ALK)
Alaska Airlines made a few announcements this week including details about its premium economy and first class. -
InsightsVirgin America Reports November Results Ahead of Acquisition by Alaska Airlines (VA, ALK)
November could be the last month Virgin releases its November operational results. Alaska hopes to close its acquisition of Virgin America by the end of Q4. -
Retirement5 Developed Countries That Welcome Expats
Investigate these expat havens if you seek a developed country with low barriers for getting a permanent resident visa – sometimes even citizenship. -
Investing5 Hardest Countries to Gain Citizenship
The United States is one of five countries that put up very high barriers for foreigners to get citizenship. Here's how it compares to the other four. -
Insights5 Best States for Black Friday Shopping
These states have great deals on your day-after-Thanksgiving purchases. The secret? No – or lower – sales taxes. -
InvestingAre These the 2 Best U.S. Airline Stocks?
AirlineRatings has announced its award winners for 2017, and two U.S. carriers claimed top honors in key categories for the second straight year. Virgin America (NASDAQ: VA) won for "Best Low ...