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Endowments and Foundations

Notre Dame endowment returns 12.6%

Golden Dome at the University of Notre Dame
Golden Dome at the University of Notre Dame

University of Notre Dame, South Bend, Ind., returned 12.6% on its endowment fund investments in the fiscal year ended June 30.

The endowment's assets as of June 30 totaled $11.8 billion, up 13.5% from 12 months earlier, said Scott Malpass, the university's vice president and chief investment officer, in an Oct. 13 news release.

Notre Dame's endowment returned -0.3% in the 12 months ended June 30, 2016, vs. its -1.4% custom benchmark return.

For the 20 years ended June 30, the endowment returned an annualized 10.7% compared to its custom benchmark's 6.5% return. During that time span, the endowment's investment portfolio generated a total of $6.7 billion above the benchmark, according to the release.

A spokesman at the university could not be immediately reached for further details.