The University of Virginia’s endowment pool experienced its smallest loss in six months during December, according to a new report from the company that handles the university’s investments.

The University of Virginia’s endowment again ranks among the nation’s largest, despite the toll the economy has taken on its investments over the last six months.

University of Virginia officials are aiming to allay concerns about the state of the school’s investments and overall stability in light of a financial crisis that is wracking financial markets worldwide.

The University of Virginia’s multi-billion dollar investments took a nearly $600 million hit in the first quarter of this fiscal year, a new report shows.