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Michigan State University endowment posts 6.9% return for fiscal year
Investors - DECEMBER 12, 2023

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Michigan State University endowment posts 6.9% return for fiscal year

by Lewis Dayton

Michigan State University’s (MSU) endowment posted a net return of 6.9 percent for the fiscal year that ended on June 30, 2023, underperforming its 11.2 percent benchmark.

Over the past three, five and 10 years, MSU’s endowment has generated net annualized yields of 13.5 percent, 10.6 percent and 9.5 percent, respectively, each outperforming their respective benchmarks of 10.5 percent, 7.2 percent and 7.4 percent.

As of June 30, $120.3 million of the university’s $4.1 billion endowment was allocated toward private real assets and $95.5 million was invested in private real estate.

The MSU endowment yielded a –3.4 percent return for the 2022 fiscal year.

 

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