Princeton University’s endowment, valued at $34.1 billion, reported a 1.7 percent investment loss for the fiscal year that ended June 30.
During the past 10 and 20 years the endowment has generated annualized returns of 10.8 percent and 10.5 percent, respectively.
The 1.7 percent loss comes after a 1.5 percent loss during the 2022 fiscal year. Of the seven Ivy League university endowments that have reported investment returns for the fiscal year, Princeton is the only one to report a negative return.
In the 2021 fiscal year, however, Princeton generated a 46.9 percent investment return.
The endowment has a real assets target allocation of 18 percent.
“The returns on the endowment enable the University to commit to making a Princeton education affordable for all admitted students, at both the undergraduate and graduate level,” Provost Jennifer Rexford said. “Our generous financial aid packages make it possible for undergraduates from all bac