The Legislative Budget Board (LBB) has published its Annual Report on Major State Investment Funds. The ending market value of the major investment funds included in this report for fiscal year 2014 was $215.9 billion, which was $24.3 billion, or 12.7 percent, more than the value of the funds at the end of fiscal year 2013. The average rate of return for the funds in 2014 was 13.78 percent and ranged from 8.48 percent to 17.05 percent.