plgit interest rates


While the PLGIT and PLGIT/PRIME portfolios seek to maintain a stable net asset value of $1.00 per share and the PLGIT/TERM portfolio seeks to achieve a net asset value of $1.00 per share at its stated maturity, it is possible to lose money investing in the Trust. The Information Statement contains important information and should be read carefully before investing. To learn more about these additional products and services, please contact a PLGIT marketing representative at 1-800-572-1472. There was discussion on interest rates on CDs, the PLGIT account and FDIC limits.

Shares of the Trust’s portfolios are distributed by PFM Fund Distributors, Inc., member Financial Industry Regulatory Authority (FINRA) (www.finra.org) and Securities Investor Protection Corporation (SIPC) (www.sipc.org).

Investments in the PLGIT-CD Purchase Program are direct investments of the Investor, not assets of the Trust or under the control of the Board of Trustees. Contact PLGIT at 1-800-572-1472 for details. Please contact the Client Services Group at, The Procurement Card Program (MasterCard) is sponsored by the Trust and is offered by PFM Financial Services LLC, through the services of BMO Harris Bank [. Interest rate risk When short-term interest rates fall, the Portfolio’s yield is likely to fall.

As a result of this Reorganization, effective August 1, 2020, the existing PLGIT/I-Class shares were renamed PLGIT/Reserve-Class shares. This information is for institutional investor use only, not for further distribution to retail investors, and does not represent an offer to sell or a solicitation of an offer to buy or sell any fund or other security.
*Make sure there are no extra spaces in the box and do not delete the box: The Pennsylvania Local Government Investment Trust ("PLGIT") has entered into a Plan of Reorganization (the “Reorganization”) to consolidate certain portfolios and reorganize certain share classes. Shares of the Trust’s portfolios are distributed by PFM Fund Distributors, Inc., member Financial Industry Regulatory Authority (FINRA) (www.finra.org) and Securities Investor Protection Corporation (SIPC) (www.sipc.org). When interest rates rise, especially if the rise is sharp or unexpected, the … Make sure there are no extra spaces in the box below: Checking Writing Services Direct Deposit -- State Liquid Fuels and Department of Education subsidies and payments from many other state and federal subsidy and programs may be deposited directly into your designated PLGIT account. A description of the PLGIT CD Purchase Program is contained in the PLGIT Information Statement. Please make sure there are no extra spaces in the box: Please enter your font style below in the box. The PLGIT/ARM Portfolio merged into the PLGIT Portfolio, and PLGIT/ARM shareholders received PLGIT/Reserve-Class shares. PLGIT/PRIME offers eligible investors the opportunity to diversify their funds and enhance their interest earnings. An investment in the Trust is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. While the PLGIT and PLGIT/PRIME portfolios seek to maintain a stable net asset value of $1.00 per share and the PLGIT/TERM portfolio seeks to achieve a net asset value of $1.00 per share at its stated maturity, it is possible to lose money investing in the Trust. These programs include: The Trust offers five (5) distinct investment options.

SMPLGIT, PLGIT-Class Shares, PLGIT/Reserve-Class Shares, PLGIT/TERM, PLGIT-CD, PLGIT/PRIME, and PLGIT-CAP are service marks of the Pennsylvania Local Government Investment Trust. For PLGIT Fixed Rates, please call 1-800-572-1472 and press 2. This option requires a minimum Please contact the Client Services Group at. Please make sure there are no extra spaces in the box: Please enter your font style below in the box. PLGIT/TERM is a portfolio of the Trust with separate series.

*Make sure there are no extra spaces in the box and do not delete the box: The Pennsylvania Local Government Investment Trust ("PLGIT") has entered into a Plan of Reorganization (the “Reorganization”) to consolidate certain portfolios and reorganize certain share classes. Box 1027 Harrisburg, PA 17108-1027 1-800-572-1472 www.plgit.com Changes to Permitted Investments Act 10 of 2016: Expansion of Pennsylvania Please enter your color in the box below for the top navigation bar and side navigation bar. PLGIT/TERMSM is a fixed term investment portfolio of the Trust with maturity of up to one year, depending upon the termination date of any particular series within the PLGIT/TERM portfolio.
The Trust sponsors these programs and works with the Emmaus General Authority who issues the Pool Bonds. An investment in the Trust is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. PFM Fund Distributors, Inc. is a wholly owned subsidiary of PFM Asset Management LLC.

9/19/2016 1 PLGIT – The Pennsylvania Local Government Investment Trust P.O. As a result of this Reorganization, effective August 1, 2020, the existing PLGIT/I-Class shares were renamed PLGIT/Reserve-Class shares.

The PLGIT/ARM Portfolio merged into the PLGIT Portfolio, and PLGIT/ARM shareholders received PLGIT/Reserve-Class shares. moved to the PLGIT account which is earning 1.85%. initial investment of $100,000, a minimum investment period of sixty (60) days, and has a premature withdrawal penalty. When such waivers occur, they reduce the total operating expenses of the Trust, and the Trust’s yields would have been lower if there were no such waivers.

Investors should consider the investment objectives, risks, charges and expenses before investing in any of the Trust’s portfolios.

This information is for institutional investor use only, not for further distribution to retail investors, and does not represent an offer to sell or a solicitation of an offer to buy or sell any fund or other security. PLGIT/PLUS-Class shares merged into PLGIT/Reserve-Class shares. (To see a full-screen view of the table below,  click here.). As previously announced, PLGIT’s investment options have been simplified and the website has been updated to reflect these changes. While the PLGIT and PLGIT/PRIME portfolios seek to maintain a stable net asset value of $1.00 per share and the PLGIT/TERM portfolio seeks to achieve a net asset value of $1.00 per share at its stated maturity, it is possible to lose money investing in the Trust.

This information is for institutional investor use only, not for further distribution to retail investors, and does not represent an offer to sell or a solicitation of an offer to buy or sell any fund or other security.

Past performance is not indicative of future results and yields may vary. A copy of the Information Statement may be obtained by calling 1-800-572-1472 or is available on the Trust’s website at www.plgit.com. PFM Fund Distributors, Inc. is a wholly owned subsidiary of PFM Asset Management LLC. A description of the PLGIT CD Purchase Program is contained in the PLGIT Information Statement. This and other information about the Trust’s portfolios is available in the current Information Statement, which should be read carefully before investing.

This and other information about the Trust’s portfolios is available in the current Information Statement, which should be read carefully before investing. This professionally managed portfolio offers two classes of shares: PLGIT/PRIMESM is a variable rate investment portfolio rated AAAm* by Standard & Poor's.

Make sure there are no extra spaces in the box below: PLGITSM is a portfolio of the Trust that operates like a money market fund and stresses safety of principal as its primary objective - a fact underscored by its AAAm* rating from Standard & Poor's. PLGIT/PLUS-Class shares merged into PLGIT/Reserve-Class shares. A description of the PLGIT CD Purchase Program is contained in the PLGIT Information Statement. *Make sure there are no extra spaces in the box and do not delete the box: The Pennsylvania Local Government Investment Trust ("PLGIT") has entered into a Plan of Reorganization (the “Reorganization”) to consolidate certain portfolios and reorganize certain share classes. PLGIT/PLUS-Class shares merged into PLGIT/Reserve-Class shares. PLGIT/PRIME is a portfolio of the Trust with one share class. The resulting net change in account value is then annualized by multiplying it by 365 and dividing the result by 7. This information is for institutional investor use only, not for further distribution to retail investors, and does not represent an offer to sell or a solicitation of an offer to buy or sell any fund or other security. SMPLGIT, PLGIT-Class Shares, PLGIT/Reserve-Class Shares, PLGIT/TERM, PLGIT-CD, PLGIT/PRIME, and PLGIT-CAP are service marks of the Pennsylvania Local Government Investment Trust. We now serve more than 3,000 public entity investors across the Commonwealth and cooperatively invest more than $5.0 billion* across multiple programs.

Please make sure there are no extra spaces in the box: Please enter your font style below in the box. Please contact the Client Services Group at. Click here to download the brochure for to learn … Public Financial Management Inc. is the Program Administrator.

The current seven-day yield, also referred to as the current annualized yield, represents the net change, exclusive of capital change and income other than investment income, in the value of a hypothetical account with a balance of one share (normally $1.00 per share) over a seven-day base period expressed as a percentage of the value of one share at the beginning of the seven-day period.

Investors should consider the investment objectives, risks, charges and expenses before investing in any of the Trust’s portfolios. Please enter your color in the box below for the login button and top left icon.

This information is for institutional investor use only, not for further distribution to retail investors, and does not represent an offer to sell or a solicitation of an offer to buy or sell any fund or other security.

Investors may purchase Certificates of Deposit through the PLGIT CD Purchase Program only by executing an investment advisory agreement with the Trust’s Investment Adviser, PFM Asset Management LLC. The yields shown above may reflect fee waivers by PLGIT’s current or prior service providers. PLGIT is a portfolio of the Trust with two classes of shares: PLGIT-Class, PLGIT/Reserve-Class. A copy of the Information Statement may be obtained by calling 1-800-572-1472 or is available on the Trust’s website at www.plgit.com.

Investors may purchase Certificates of Deposit through the PLGIT CD Purchase Program only by executing an investment advisory agreement with the Trust’s Investment Adviser, PFM Asset Management LLC. PLGIT was created in 1981 to meet the short-term investment needs of local governments, school districts, municipal authorities, and other types of governments in the Commonwealth of Pennsylvania. PLGIT-CD Purchase Program is a program designed to assist Investors to directly purchase CDs. The Information Statement contains important information and should be read carefully before investing.

Please enter your color in the box below for the top navigation bar and side navigation bar. As a result of this Reorganization, effective August 1, 2020, the existing PLGIT/I-Class shares were renamed PLGIT/Reserve-Class shares. A copy of the Information Statement may be obtained by calling 1-800-572-1472 or is available on the Trust’s website at www.plgit.com. For more information about PLGIT and investment options, visit www.plgit.com or contact PLGIT at 800-572-1472. An investment in the Trust is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.

Shares of the Trust’s portfolios are distributed by PFM Fund Distributors, Inc., member Financial Industry Regulatory Authority (FINRA) (www.finra.org) and Securities Investor Protection Corporation (SIPC) (www.sipc.org).