As Markets Fluctuate, Princeton Endowment Supports Almost Every Aspect Of The University
October 29, 2022
October 29, 2022
PRINCETON, New Jersey, Oct. 29 (TNSfund) -- Princeton University issued the following news:
For the fiscal year that ended June 30, 2022, Princeton's endowment generated a 1.5% investment loss and its value stood at $35.8 billion. The average annual return on the endowment for the past 10 years is 12.2% and 11.0% for the past 20 years.
"The challenging market environment in the past year reinforces the University's long-term investment strategy: long-term . . .
For the fiscal year that ended June 30, 2022, Princeton's endowment generated a 1.5% investment loss and its value stood at $35.8 billion. The average annual return on the endowment for the past 10 years is 12.2% and 11.0% for the past 20 years.
"The challenging market environment in the past year reinforces the University's long-term investment strategy: long-term . . .