The 8:35a Chart| Given the importance of Permanent Fund returns to #AKrev levels, we have developed a second morning chart focusing on S&P 500 5-, 3- & 1-yr returns v the PFC's. #akleg

* 5-yr: S&P 11.01% v PFC 8.04%
* 3-yr: S&P 18.41% v PFC 8.94%
* 1-yr: S&P 14.11% v PFC 12.43%