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Market performance in September and the Fed rate cut in the middle of the month were both very good news for ALA’s long-term investment portfolio. At the close of business on September 29, the unaudited value of ALA’s long-term investments stood at $31,432,147. This number eclipses the previous high recorded on May 31, 2007 by $574,921. The endowment’s value had dropped below $30,000,00 at the end of July. This is a very nice turn around indeed!
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2 Responses to “ALA Long Term Investments”
[…] 29, the unaudited value of ALA’s long-term investments stood at $31,432,147….” Read more. Share and Enjoy: These icons link to social bookmarking sites where readers can share and […]
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