The endowment of Harvard University, among the most watched in the country, said Friday that it had earned an 8.6 percent return for the fiscal year that ended June 30.
The return brought the value of the foundation to $36.9 billion, from $34.9 billion. The previous year’s return was 23 percent.
Harvard said that the endowment outperformed its internal benchmark and that its return compared favorably with those reported by the Trust Universe Comparison Services. The endowment said that it outperformed 95 percent of the 165 large institutional funds that the trust sector measures.
