Endowment Gains 19.7% Return

Dennis Brown | September 25, 2014

Golden Dome sunrise feature

The University of Notre Dame endowment returned 19.7 percent for the year ending June 30, according to Scott Malpass, vice president and chief investment officer.

The endowment pool value grew from $8.3 billion on June 30, 2013, to $9.8 billion on June 30. The University benefited from spending distributions of some $300 million for the fiscal year.

Notre Dame’s longer term results are in the top tier of institutional investors. Over the past 10 years, the Notre Dame endowment achieved an annualized return of 11 percent. During the same period, the U.S. equity market, as measured by the S&P 500 Total Return Index, increased by 7.8 percent per year, while the U.S. bond market, as measured by the Barclays Aggregate Bond Index, increased by 4.9 percent per year.

Read more at Notre Dame News

 by Daily Domer Staff

Posted In: Features