Funds at a Glance
Permanent University Fund
The Permanent University Fund (PUF) is a state endowment fund contributing to the support of 18 institutions and 6 agencies of The University of Texas System and The Texas A&M University System.
Permanent Health Fund
The Permanent Health Fund (PHF) is an internal UT System mutual fund for the pooled investment of state endowment funds for health-related institutions of higher education, created August 30, 1999, with proceeds from state tobacco litigation. As of March 1, 2001, the PHF purchased units in the newly created GEF in exchange for its contribution of investment assets.
Long Term Fund
The UT System Long Term Fund (LTF) is an internal UT System mutual fund for the pooled investment of 6,537 privately raised endowments and other long-term funds of the 15 institutions of the UT System. As of March 1, 2001, the LTF purchased units in the newly created GEF in exchange for its contribution of investment assets.
Separately Invested Funds
The UT System Separately Invested Funds (SIF) consist of approximately 225 privately raised endowments and charitable trusts where the nature of the underlying asset or donor restrictions preclude investment in the LTF.
Total Endowment Funds
Short Term Fund
The UT System Short Term Fund (STF) is a money market mutual fund consisting of the working capital and other operating fund balances held by UT System institutions with an investment horizon of less than one year.
Short Intermediate Term Fund
The UT System Short Inter-mediate Term Fund (SITF) is an internal UT System mutual fund for the pooled investment of the operating funds held by UT System institutions with an investment horizon between one and five years.
Institutional Index Funds
The Institutional Index Funds (IIF) consist of a U.S. debt index fund and a U.S. equity index fund for the investment of UT System institutions' permanent working capital and long-term capital reserves.
Total Operating Funds
Total Funds Under Management