Yale Endowment Earns 4.7 Percent Return

Friday, September 28, 2012
Yale University says its endowment earned a 4.7 percent investment return for the past year and now stands at $19.3 billion. Yale says the investment gains of nearly $900 million for the year ending June 30 were offset by spending of about $1 billion. The value of the endowment fell from $19.4 billion on June 30, 2011, to $19.3 billion on June 30, 2012. Yale says the profit came in a difficult investment environment, with foreign markets struggling.

Read more »