Dartmouth College's endowment posted a net return of 7.5% for the fiscal year ended June 30.
Dartmouth College's endowment posted a net return of 7.5% for the fiscal year ended June 30, the Hanover, N.H.-based university announced in a news release Tuesday.
The endowment ended the fiscal year with $5.7 billion in assets, up 3.6% from a year earlier. Its net return for the fiscal year ended June 30, 2018, was 12.2%.
"With annualized returns of 7.5%, and 10.7%, over the past one and 10 years, respectively, the endowment is well positioned to help Dartmouth achieve its long-term educational and scholarly goal of enduring academic excellence," said Rick Kimball, chairman of the board's investment committee, in the news release. "This strong performance will help keep Dartmouth on a solid footing for future generations."
Benchmark returns and asset class information were not provided. Dartmouth spokeswoman Amy D. Olson could not be immediately reached for additional information.
