Market Report:

September 18

As part of our ongoing commitment to providing the highest level of service and support to our clients, the Florida Trust Board of Trustees made the decision to transition our custodial banking relationship from UMB to the Bank of New York.

Financial Fridays Sessions

Payden & Rygel Investment Management

Funds professionally managed by Payden & Rygel for 29 years running.

  • "It is my honor to serve as Chair of the Florida Trust – the longest running, member-owned and member-governed local government pool in the state. The Trust has met the investment and diversification needs of local governments all over Florida since its 1991 inception. Nearing its third decade, it continues to provide a great combination of safety, liquidity and yield, in that order."
    Hon. Pamela Childers, CPA, CGFO
    Escambia County Clerk of Court
  • “The Florida Trust provides local governments with two excellent investment options to manage public dollars safely and effectively. Polk County uses the Florida Trust Day to Day Fund to meet some of our short term investment needs and the Florida Trust Short Term Bond Fund to invest a portion of our core assets. We are pleased with the structure of the funds, the investment strategies used, the high quality of the securities purchased, and the overall level of service provided by Florida Trust staff and Payden & Rygel.”
    Philip J. Borozny, CTP
    Investment Manager Polk County Clerk of Circuit Court & Comptroller

Upcoming Events

27aug9:15 am11:15 amFlorida Trust Board of Trustees Meeting

Sector Allocation

% of Portfolio Assets (04/30/2025)

Commercial Paper

37.48%

Corporates

13.52%

Repurchase Agreements

12.84%

Certificate of Deposit

11.98%

Municipals

10.17%

U.S. Treasuries

9.20%

Asset Backed Securities

4.38%

Govt. Related Securities

0.37%

Money Market

0.08%

U.S. Treasury Notes

28.17%

Coll. Mort. Obligations

27.65%

Corporates

23.68%

Asset Backed

19.75%

Money Market

0.65%

Municipal

0.10%

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