The Florida Trust will be Closed on Thursday, November 24, 2022 and Friday, November 25, 2022, in observance of Thanksgiving.

December 1

Given a still uncertain interest rate trajectory (disagreement between market and Fed terminal rate), we continue to maintain a lower duration profile in the STBF portfolio to help mitigate exposure to rising interest rates and market volatility. We believe maintaining conservatism, staying short duration, and allowing the income (i.e., yield) of the portfolio to be earned is the appropriate strategy in this environment.

Click here for October Payden Update

Jeffrey Cleveland, Chief Economist on inflation prospects - Hope is not a strategy. Click below for more.

Hope is not a strategy: Click Here.

Day to Day Fund

As of 2022-11-28

Day to Day Fund Balance


Net Asset Value


7 Day Yield



Short-Term Bond Fund

As of 2022-11-28

Short-Term Bond Fund Balance


Net Asset Value


30 Day Yield



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

Payden & Rygel Investment Management

Upcoming Events

Full Calendar

26jan10:30 am12:30 pmVirtual/ Physical EventFlorida Trust Board of Trustees Meeting- January 26, 2023

  • Hon. Pamela Childers, CPA, CGFO
    "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
  • Philip J. Borozny, CTP
    “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
  • Paula S. O'Neil, Ph.D.
    "The Florida Trust is the longest running, member-owned and member-governed local government investment pool in Florida. Along with the Board of Trustees, the Florida Association of Court Clerks and Comptrollers, the Florida Association of Counties, our Investment Advisory Board, and our outstanding partners, I welcome and encourage you to join us where the future is bright-- at the Florida Trust.”
    Paula S. O'Neil, Ph.D.
    Former Clerk of the Circuit Court and Comptroller Pasco County, Florida

Sector Allocation

% of Portfolio Assets(02/28/22)

Your Investment

How has your investment grown over time?

Our Partners