Princeton University returned 12.5% on its endowment for the fiscal year ended June 30, the university announced in a news release Monday.
Endowment assets increased about 7.2%, or $1.6 billion, over the year to $23.8 billion.
The average annual return for the Princeton, N.J.-based endowment for the 10 years ended June 30 was 7.1%, the release said.
The news release did not disclose benchmark returns or a breakout of asset class returns. Last fiscal year, the endowment returned 0.8%.