Endowment Overview
The UNT Foundation plays a crucial role as an essential strategic partner to the University of North Texas, managing and growing private assets through investment management to benefit the university’s mission. The Foundation ensures that the endowments adhere to our generous donors’ intent and remain sustainable for both current and future generations.
For the 12 months ended August 2025, the portfolio is estimated to have increased 10.5%. Portfolio perfor- mance was impacted by equities, which were up 12.8%, real assets, up 6.0%, fixed income, up 5.6% and hedge funds, up 2.4%. Regarding equities, developed international equities, North American equities and emerging market equities produced returns of 16.2%, 11.2% and 10.7%, respectively. Mega and large caps vastly outperformed mid and small caps and growth far outperformed value. The S&P 500 was up 14.4% for the fiscal year ended August 2025, which was comprised of three distinct periods. First, the S&P 500 was up 8.8% through February 19, 2025. This period included the build up to and the immediate aftermath of the Presidential election. Second, the S&P 500 decreased 18.9% through April 8, 2025. During this period, which was punctuated by Liberation Day, markets grew nervous about tariffs and their impact on the economy. Third, the S&P 500 increased 29.7% through August 31, 2025. This period was highlighted by an acceptance of the tariffs and increasing excitement about artificial intelligence, its impact on certain companies and the economy at large.
Historical Returns
Note 1 - The investment income and historical returns presented are net of individual investment manager fees, but gross of the foundation’s management fee. This method aligns with standard NACUBO reporting practices and ensures comparability to our peers. Our benchmark sets a high standard for performance at 75% equity and 25% fixed income. Note 2 - The management fee charged by the foundation encompasses accounting, internal investment management services, and coordination with Advancement, college deans, donors, and other university partners. Our fee remains competitive, being at or below the endowment management fees of our peers, as reported by NACUBO.
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