Office of the State Treasurer Honorable Dean Martin, State Treasurer
About Us Endowment Services
LGIP
Services
Forms
Employment
External Links
Contact Us

Investments

(Holdings as of January 31, 2010)

The Treasurer’s Office manages a balance of nearly $9.7 billion in fixed income and equity investments in 21 different investment pools, each with unique statutory investment parameters.  These dollars are comprised of three major sources: State Taxes, Fees, and other revenues, Local Government Investment Deposits (LGIP), and State Land Trust Endowment Funds.

Overall, the Treasurer manages a fixed income portfolio of approximately $8.5 billion and an equity portfolio of nearly $1.2 billion. The portfolio includes approximately 1,400 different issues. The securities range from repurchase agreements and commercial paper to collateralized mortgage obligations and corporate bonds. Maturities range from overnight to thirty years. These securities are spread across approximately 1,300 accounts that comprise the 21 pools under active investment management.

Among these investments are thirteen Permanent Endowment Funds with a fair value balance of over $2.6 billion. These funds contain proceeds from sales of land granted to the State of Arizona at statehood by the federal government.

The largest endowment fund is the Permanent Common School Fund with a fair value balance of nearly $2.5 billion.  The proceeds from this fund are distributed to classrooms across Arizona.  The distribution formula includes an inflation protection provision to protect the trust’s value against erosion due to inflation over time.  This constitutional provision was established by the general electorate in 1998 with the passage of equity investment authority under Article X, Section 7, Constitution of Arizona.   

For information on the Local Government Investment Pool (LGIP) operated by the Treasurer's Office click here.

Performance Statistics

Security Delivery Instructions

State Treasurer's Investment Policy (Revised August 26, 2010)
Get the Free Adobe PDF Reader

View Aggregate Market Value Reports Across all Funds

Glossary of Investment Terms

 

Upcoming Meetings

Board of Investment
Sept. 23rd 1:30 pm

Quarterly Meeting & Conference Calls
July 29th 2:30 pm
(download pdf slides)

Please note: All meetings are open to the public.

Contact:
(602) 604-7800
Toll Free:
1-877-365-8310
Fax:
(602) 542-7176
Email:
info@aztreasury.gov

Play Financial Football