The Trustees of the Kootznoowoo Permanent Fund Settlement Trust are pleased to announce that the October 1, 2023, Kootznoowoo Permanent Settlement Trust (KPFST) distribution will be paid out in the amount of $3.33 per trust unit.
For the purpose of calculating the distribution amount, income to the KPFST is averaged over a five-year period. This means the current distribution look-back period averages income over the fifteen trimesters beginning December 31, 2018, and ending August 31, 2023. The unaudited fair market value of the Trust’s portfolio as of August 31, 2023, was $15,537,582.
KPFST makes distributions twice per year. For the calendar year 2023, $643,584 has been distributed to unit holders from the Trust equaling $10.24 per trust unit. KPFST investments are managed by Alaska Permanent Capital Management (APCM).
KPFST’s Trustees are Anthony Mallott, Jaeleen Kookesh, Ricardo Worl, Nathan Soboleff, and Chair Edwell John, Jr.
Shareholders who have any questions regarding the Trust should contact the Kootznoowoo Inc. Corporate Office at 907-790-2992.
