The Florida Local Government Investment Trust is a member-owned and member-governed local government pool in Tallahassee, FL. Established in 1991, it has been serving the investment and diversification needs of local governments across Florida for over three decades. With a focus on safety, liquidity, and yield, the Trust offers two investment options - the Day to Day Fund and the Short-Term Bond Fund - to effectively manage public dollars.
Managed by investment manager Payden Rygel, the Trust has reached record asset levels, with the Day to Day Fund reaching $1,579.89 million and the Short-Term Bond Fund reaching $735.08 million as of January 16, 2024. The Trust aims to provide competitive returns while maintaining required liquidity and adjusting portfolios based on market conditions and economic forecasts. With a strong track record and a commitment to serving local governments, the Florida Local Government Investment Trust continues to be a reliable choice for managing public funds.
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