List of U.S. states by sovereign wealth funds
Like many countries, several U.S. states have created sovereign wealth funds to finance certain services (typically public education) or to provide general revenue to the state government itself.[1][2] This article comprises the known such funds and their monetary amounts.
Table
Rank | State | Funds | Assets (US$Billion) | Origin |
---|---|---|---|---|
1 | Texas | Permanent School Fund & Permanent University Fund | 55.2 (August 2016)[3][4] | Commodity / Oil & Gas |
2 | Alaska | Alaska Permanent Fund | 52.7 (June 2016)[5] | Oil |
3 | New Mexico | New Mexico State Investment Council Permanent Funds | 20.2 (June 2016)[6] | Oil & Gas |
4 | Wyoming | Wyoming Permanent/Endowment Funds | 12.6 (March 2017)[7] | Minerals |
5 | North Dakota | North Dakota Legacy Fund | 3.8 (March 2017)[8] | Oil & Gas |
6 | Alabama | Alabama Trust Fund | 2.5 (June 2016)[9] | Oil & Gas |
7 | Utah | State School Fund | 2.0 (March 2015)[10] | Public Lands |
8 | Oregon | Oregon Common School Fund | 1.4 (December 2016)[11] | Public Lands |
9 | Louisiana | Louisiana Education Quality Trust Fund | 1.3 (June 2016)[12] | Oil & Gas |
10 | Montana | Coal Severance Tax Trust Fund & Public School Trust | 1.2 (June 2016)[13] | Fossil Fuels / Public Lands |
References
- Brenna Erford; et al. (2016-06-29). "Louisiana Voters to Decide on Severance Tax-Based Sovereign Wealth Fund". The Pew Charitable Trusts. Retrieved 2017-04-15.
- "From Volatile Severance Taxes to Sustained Revenue". The Pew Charitable Trusts. 2016-10-06. Retrieved 2017-04-15.
- "Texas Permanent School Fund - Comprehensive Annual Financial Report FY 2016". Texas Education Agency. 2016-12-20. Retrieved 2017-04-15.
- "UTIMCO - Assets Under Management" (PDF). The University of Texas Investment Management Company. 2017. Retrieved 2017-04-15.
- "ALASKA PERMANENT FUND - FUND FINANCIAL HISTORY & PROJECTIONS" (PDF). Alaska Permanent Fund Corporation. 2017-02-28. Retrieved 2017-04-15.
- "Publications & Reports - Dashboard". New Mexico State Investment Council. 2017-03-30. Retrieved 2017-04-15.
- Wyoming State Treasurer's Office (2017-03-31). "Wyoming State Investment Portfolio" (PDF). Wyoming State Government. Retrieved 2017-04-15.
- Office of the North Dakota State Treasurer (2017-03-30). "North Dakota Government Funds". North Dakota State Government. Retrieved 2017-04-15.
- Office of State Treasurer (2017). "Alabama Trust Fund". Alabama State Government. Retrieved 2017-04-15.
- Utah State Treasurer (2017). "State School and Institutional Trust Funds". Utah State Government. Retrieved 2017-04-15.
- Oregon State Treasury (2017). "Funds Under Management". Oregon State Government. Retrieved 2017-04-15.
- Louisiana Department of the Treasury (2016). "Louisiana Education Quality Trust Fund 2016 Annual Report" (PDF). Louisiana State Government. Retrieved 2017-04-15.
- "Montana Board of Investments 2016 Annual Report" (PDF). Montana Board of Investments. 2016-12-28. Retrieved 2017-04-15.
External links
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