Bowdoin College's $1.8 billion endowment returned a net 5.9% for the fiscal year ended June 30, spokesman Doug Cook confirmed in an email.
The return exceeded the median return for college and university endowments of 1.6% as measured by Cambridge Associates, an Oct. 28 news release from the university said.
For the three, five and 10 years ended June 30, the endowment returned an annualized net 10.7%, 8.5% and 11.6%, respectively.
The endowment returned a net 10.9% for the fiscal year ended June 30, 2019.
Mr. Cook said the college does not provide benchmark information, asset class returns or asset allocation information.
