University of Pennsylvania's endowment returned 3.4% for the fiscal year ended June 30, above its benchmark of 0.9%, according to information on the Philadelphia-based university's website.
Longer term, the $14.9 billion endowment returned 7%, 9.3% and 7.5% for the five, 10 and 20 years ended June 30, respectively.
The endowment returned 6.5% for the fiscal year ended June 30, 2019.
Asset class return and asset allocation information were not provided. Amanda Mott, a university spokeswoman, could not be immediately reached for additional information.