Tailored for local agencies and their investment needs:
Our Three Pillars for Success:
We understand that public dollars must be managed securely and efficiently. The CalTRUST Board, comprised of experienced investment officers and policy makers, works closely with our investment manager, State Street Global Advisors, to ensure that our Investment Policy is in full compliance with California Government Code 53601 and 53605. Each of our funds seeks to attain as high a level of current income as is consistent with preservation of principal and aligned with the public agency funds guidepost of Safety, Liquidity, and Yield.
Safety
Our primary objective is to safeguard the preservation of principal, ensuring that our Investment Policy is consistent with California law.
Liquidity
Our fund choices offer same-day, next-day, and three-day liquidity to meet your needs.
Yield
Our funds consistently outperform our benchmarks as we maximize yield as best possible consistent with safety and liquidity.
Current Rate
| Fund | Date | 7 Day Average |
|---|---|---|
| Liquidity Fund | 1-23-25 | 4.38% |
| Fund | Period | Distribution Yield | 30 Day SEC Yield |
|---|---|---|---|
| Liquidity Fund | 12-31-24 | 4.66% | 4.69% |
| Short-Term Fund | 12-31-24 | 4.50% | 4.39% |
| Medium-Term Fund | 12-31-24 | 4.18% | 4.24% |
Three great account options to choose from
Select the funds that best match your investment time horizon and cash flow needs.
Participants can easily reallocate among accounts as those needs change.
Liquidity
With a target duration of 60 days, this ultra-short fund provides same-day liquidity.
Short Term
With a target duration of 0-2 years, this fund provides same-day liquidity.
Medium Term
With a target duration of 1-3 years, this fund provides three-day liquidity.
News | QA | Webinars
Market News
Stay informed with State Street Global Advisors’ expert insights, timely market updates, reports, and webinars. As the financial landscape becomes increasingly complex, we provide the guidance and strategies investors need to stay ahead of evolving trends and make well-informed investment decisions.
About Our Asset Manager
State Street Global Advisors
Start with Rigor
We take a highly disciplined and risk-aware approach built on exhaustive research, careful analysis, and market-tested experience to meet client needs. Rigor is behind every decision we make.
Build from Breadth
Today’s investment problems demand a breadth of capabilities. We build from a universe of index and active strategies to create cost-effective solutions.
Invest as Stewards
As fiduciaries, we believe good stewardship involves active engagement with portfolio companies to identify risks and opportunities to create long-term value for our clients.
Invent the Future
We created the first ETF in the US and are pioneers in index and active investing. Using data, insights, and investment skill, we are always inventing new ways to invest.
We make participation easy!
Local agencies can invest with CalTRUST directly with no hassle.
No need for a city council or board resolution to join the JPA. Any California local agency may participate in CalTRUST.
Connect with Us
Stay updated with our latest insights on investment trends, strategies, and market developments. Join a community of like-minded individuals interested in State, County, and local government affairs. Connect with us on LinkedIn!
