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 six months ended February 28, 2025, the portfolio is estimated to have increased by 2.0% . Portfolio performance was impacted by equities, which were up 2.3% and fixed income, up 1.0% . North American equities and international equities produced returns of 3.1% and 0.5% , respectively. The stock market, as defined by the S&P 500, was up 5.4% for the six months ended February 28, 2025. There were three distinct periods within those six months. First, the S&P 500 was down 4.3% through September 6, 2024. Unemployment was reported to be down, which was deemed to be inflationary. Second, the S&P 500 was up 13.6% through February 19, 2025 based on investor euphoria before and after the election. Third, the S&P 500 declined 3.1% through the remainder of February 2025 as investors became increasingly concerned about the impact of tariffs.
HISTORICAL RETURNS
Endowment
Policy Index
Strategic Benchmark
15%
12.4 12.7
9.8
9.7
10%
9.4
8.2
7.2% 7.3% 7.2 7.3
7.1 6.9
6.5% 6.5
5.0
5%
4.0
2.9
2.0
0%
FYTD
1 Year
3 Years
5 Years Annualized
10 Years Annualized
FYTD
1 Year
3 Year
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. Note 3 – The allocation to growth assets was 71% as of February 28, 2025. However, this percentage briefly deviated from approximately 75% for only one day. The deviation occurred because the foundation sold one equity fund on February 28, 2025, and purchased two others on the next business day, March 3, 2025.
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