TexPool

     
     
As of 10-31-2017

Highlights

  • Offers participation in the oldest and largest local government investment pool in the State of Texas.
  • Seeks to preserve principal, liquidity, and yield of capital investment consistent with the Texas Public Funds Investment Act (TPFIA).
  • Invests conservatively in U.S. government securities, repurchase agreements, and AAA-rated money market mutual funds to provide a safe, efficient, and liquid investment option.
  • Rated AAAm by Standard & Poor's, the highest rating a local government investment pool can achieve.
  • No minimum balance requirements.

Portfolio Manager

Facts

Performance Inception Date   04-08-2002


 
 
 
 
 
 
 
 
 
 
 

An investment in the Pool is not insured or guaranteed by any government or government agency.  Although the manager of the Pool seeks to preserve principal, it is possible to lose money by depositing money in the Pool.

For more complete information, see the investment policy and information statement available on this website.  You should consider the investment’s objectives, risks, charges, and expenses carefully before investing.  Information about these and other important subjects is in the investment policy and information statement which you should read carefully before investing.

An AAAm rating by Standard & Poor’s is obtained after Standard & Poor’s evaluates a number of factors, including credit quality, market price exposure and management. Ratings are subject to change, and do not remove market risk. For more information on credit ratings, visit standardandpoors.com.

Federated Investment Counseling
Not FDIC Insured May Lose Value No Bank Guarantee
Copyright © 2017 Federated Investors, Inc.