Bowdoin College endowment generates 0.6% return for the fiscal year

The Bowdoin College endowment, valued at $2.4 billion, generated a return of 0.6 percent for the fiscal year that ended on June 30.

Over the past three, five and 10 years, Bowdoin’s endowment has yielded net annualized returns of 13.7 percent, 11.5 percent and 11.7 percent, respectively.

“It has been a difficult period for investors — including Bowdoin — with the multiple headwinds of surging inflation, higher interest rates, a land war in Europe and a technology market unwind,” said Bowdoin president Safa Zaki. “Against this challenging backdrop, our investment team, led by Niles Bryant, and our Investment Committee have done an excellent job of protecting the value of the Bowdoin endowment and preserving much of the extraordinary gains recorded in fiscal 2021.”

Bowdoin’s endowment generated a return of 57.4 percent during the 2021 fiscal year and -7.1 percent during the 2022 fiscal year.