Investment Report
Investment update for the quarter ended Sept. 30, 2025
The third quarter of 2025 saw markets largely eschew the volatility of the first half of 2025 in favor of a steady upward climb.
The S&P 500 continues to benefit from the rising tide created by tech and AI companies and was able to shrug off any short-term losses to close the quarter at a new all-time high.
The Community Foundation’s Long-Term Portfolio maintained its strategic allocation throughout the quarter, with an equity exposure of 65%. The portfolio is aligned to capitalize on both the hot domestic markets and the value held in international equities, providing multiple avenues for strong returns and protection against downturns through its diversification.
Optimism that markets will have a strong close to 2025 remains high. Even as the domestic market continues to exhibit extraordinary levels of consolidation in the tech sector, those tech stocks show no signs of slowing down.
Our Investment Management Committee, in collaboration with the South Dakota Investment Council, is committed to a disciplined investment approach, focused on long-term performance and continuously monitoring market conditions to identify strategic opportunities to enhance the portfolio's performance.
Investment Returns for Period Ending 6/30/2025
Money Market Portfolio
| Previous Quarter | 1.03% |
| Calendar Year-to-Date | 2.10% |
Intermediate Portfolio
| Previous Quarter | 2.70% |
| Calendar Year-to-Date | 5.62% |
Long-Term Portfolio
| Previous Quarter | 8.17% |
| Calendar Year-to-Date | 9.04% |
Long-Term Portfolio Compound Annualized Returns as of June 30, 2025.
| Thirty Years | 7.47% |
| Twenty Years | 7.06% |
| Ten Years | 7.23% |
| Five Years | 8.48% |
| One Year | 12.51% |