The Alabama Trust Fund (ATF) was created in 1985 as a permanent trust fund to capture revenue from the sales of offshore drilling rights and from royalties on the resulting gas production. The Fund has assets of US$ 3.4 billion as of March 2021. The ATF makes contributions to a variety of other state funds, as well as to county and city governments. Gas royalty payments are declining and expected to end in around 2032.
Assets under Management (AuM):
Alternative Assets: 14%
“To preserve the purchasing power of the Fund’s assets and the annual support provided by these assets.” (Savings Fund)
GSR'23: 44% (7/10 Governance, 1/10 Sustainability, 3/5 Resilience), same as in 2022