Published: May 5th, 2009 04:18 PM
Last Modified: May 5th, 2009 09:35 PM
The stock market rally pushed the value of the Alaska Permanent Fund's investments back above $30 billion this week for the first time in six months.
On Monday, the value of the state oil wealth savings account's stock, bond, real estate and other investments totaled $30.39 billion, its highest level since Nov. 4, according to numbers compiled by the Alaska Permanent Fund Corp.
The fund is still worth far less than its peak value of $40.4 billion reached in October 2007, the same month the stock market peaked. Its low point in recent years was two months ago, when the fund's investments were worth $26 billion.
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