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 nine months ended May 31, 2025, the portfolio is estimated to have increased 4.5% compared to the strategic benchmark return of 5.1%. Portfolio performance was impacted by equities, which were up 5.4%, real assets, up 4.4%, hedge funds, up 2.4% and fixed income, up 2.2%. Regarding equities, developed international equities, North American equities and emerging market equities produced returns of 9.6%, 3.3% and 2.9%, respectively. The S&P 500 was up 4.7% for those nine months. The nine-months ended May 31, 2025 was comprised of three distinct periods. First, the S&P 500 was up 8.8% through February 19, 2025. This period was highlighted by the presidential election and the positive investor sentiment surrounding it. Second, the S&P 500 decreased 18.9% through April 8, 2025. This period was highlighted by Liberation Day, the day a multitude of tariffs were to go into effect. Third, the S&P 500 increased 18.6% through May 31, 2025. This period was highlighted by 90-day pauses on tariffs with China and other key US trade partners.
HISTORICAL RETURNS
Endowment
Policy Index
Strategic Benchmark
15%
11.2% 11.1%
7.3% 7.3
10.2%
9.8%
9.4%
9.4% 9.2%
10%
8.7%
7.4% 7.3%
7.3%
6.7%
5.0% 5.1%
4.5%
5%
0%
FYTD
1 Year
3 Years
5 Years Annualized
5 Years Annualized
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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