LGIP PERFORMANCE   What is LGIP?

UPDATED: July 31, 2019
 
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.

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

Pool 5

Pool 5 is a diversified short-term fund similar to a prime money market fund. As of July 31, 2019, this pool had $1.53 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+).

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 July 31, 2019, this pool had $1.52 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.

Pool 500

Pool 500 is a medium-term fund. As of July 31, 2019, this pool had $360.3 Million in assets and a Floating Net Asset Value of $1.0321. The weighted average rating of all the securities in this pool is AA-3.

Pool 700

Pool 700 is a full faith and credit medium-term fund. As of July 31, 2019, this pool had $138.5 Million in assets with a Floating Net Asset Value of $1.0094. Because Pool 700 invests in securities backed by the U.S. Government, it has an AAA weighted average rating.