University of Florida endowment records 6.6% fiscal-year loss

University of Florida Foundation's $2.3 billion endowment pool returned a net -6.6% for the fiscal year ended June 30.

The Gainesville-based foundation's pool outperformed its 60% MSCI All Country World index and 40% Bloomberg Global Aggregate Bond index benchmark return, which was -15.3% for the fiscal year, according to a performance report on the foundation's website.

For the three, five and 10 years ended June 30, the endowment pool returned an annualized net 8.9%, 8.6% and 7.6% respectively, compared with the respective 60/40 benchmark returns of 2.6, 4.2% and 5.4%.

The endowment pool returned a net 33.6% for the fiscal year ended June 30, 2021.

For the most recent fiscal year, among the 32 university endowments whose returns for the period have been tracked by Pensions & Investments through Friday, the Florida endowment pool's return fell well below the median return of -3.6%.

Returns by asset class were not provided. As of June 30, the endowment pool's actual allocation was 80.2% growth assets, 10.9% liquidity and 8.9% diversifying. Their respective targets are 80%, 10% and 10%.