Strategy & Performance

Any public entity in the state may participate in the LGIP program. It is structured to provide participants safety of principal, daily liquidity followed by investment income — in that order.

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Monthly LGIP performance is reviewed by the Board of Investment. Detailed reports can be viewed .

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Pool 5

Pool 5 is a diversified short-term fund similar to a prime money market fund. As of December 31, 2022, this pool had $2.59 Billion in assets with a Net Asset Value of $1.00. The fund continues to maintain the highest rating from S&P (AAA f/S1+).

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Pool 7

Pool 7 is a short-term fund that invests in only products backed by the full faith and credit of the United States Government. As of December 31, 2022, this pool had $2.4 Billion in assets with a Net Asset Value of $1.00. Because Pool 7 invests in securities backed by the U.S. Government, it has an AAA weighted average rating.

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Pool 500

Pool 500 is a medium-term fund. As of December 31, 2022, this pool had $643.7 Million in assets and a Floating Net Asset Value of $0.998036. The weighted average rating of all the securities in this pool is AA-3.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Pool 700

Pool 700 is a full faith and credit medium-term fund. As of December 31, 2022, this pool had $301.47 Million in assets with a Floating Net Asset Value of $0.982773. Because Pool 700 invests in securities backed by the U.S. Government, it has an AAA weighted average rating.

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