Vanderbilt University's endowment returned a net -0.1% in the fiscal year ended June 30, according to a financial report on the Nashville, Tenn.-based university's website.
The report did not provide benchmark information, return information for asset classes or long-term returns. The $6.9 billion endowment returned a net 6.7% for the fiscal year ended June 30, 2019.
During the fiscal year, the value of the endowment increased 10.3% from $6.3 billion as of June 30, 2019. The marked increase beyond the endowment's investment returns was attributed in the financial report to "the net impact of new endowment gifts, additions to institutional endowments (quasi-endowments), investment returns, costs for managing the endowment including internal management costs of $12 million, and the distribution of endowment funds to support university operations."
As of June 30, the endowment had an actual allocation of: 28% global equities; 26% private capital; 25% hedged strategies; 9% fixed income; 5% cash and cash equivalents; 4% natural resources; 2% real estate; and 1% commodities.
University officials could not be immediately reached for further information.