Prime-style local government investment pool 

Enhanced cash local government investment pool 

Current and historical rate information

How much could you have earned with California CLASS Prime? 

A comprehensive introduction to the different California CLASS portfolios 
Get to know our diverse and experienced public finance officials who oversee the program
Our administrator, auditor, custodian, and legal counsel
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California Special Districts Association 
League of California Cities 

California Cooperative Liquid Assets Securities System

Investment Solutions Designed for California Public Agencies

California CLASS Mission

California CLASS is a Joint Powers Authority investment pool that provides public agencies the opportunity to invest funds on a cooperative basis in rated pools that are managed in accordance with state law with the primary objectives of offering Participants  safety, daily and next-day liquidity, and optimized returns.

“California CLASS was created in response to a growing demand by California public agencies for transparent investment options that are governed by a Board of their peers. Operating with the best interests of the Participants in mind, the fund is an investment option and diversification tool for your short-term and medium-term investments. California CLASS offers a safety-first investment management option with transparent program governance.”

– Christina Turner, Chairperson of the California CLASS Board of Trustees

California CLASS Board of Trustees

Comprised of public finance officials with diverse skill sets, experiences, and backgrounds to better guide the portfolio(s) investments.

PRIME Portfolio as of April 17, 2024

Daily Yield (%) 5.4087
YTD Yield (%) 5.4465
7-Day Yield (%) 5.4081
30-Day Yield (%) 5.4164
Weighted Average Maturity (To Reset) 17
Weighted Average Maturity (To Final) 77
Daily Dividend 0.000147779
Net Asset Value (NAV) 0.99994010

Historical Yields

How Much Could You Have Earned With California CLASS Prime?

You would have earned


on your investment if you started on


Yields Disclaimer

California CLASS Upcoming Meeting Agenda

April 11, 2024

Your Investment Options

Join California CLASS

California CLASS provides public agencies of all types the opportunity to pool their funds together with the goal of collectively earning interest on investments. Our philosophy is to provide competitive returns while prioritizing safety and liquidity. With two portfolios designed to meet your cash management needs, California CLASS provides a comprehensive approach to the management of your funds. Joining is simple; click the button below to get started today!

Insights for Investors

Policy Easing Ahead?

March 2024 Economic Review The Federal Open Market Committee (FOMC) has finally begun to seriously consider the prospect of rate cuts after the most aggressive tightening cycle in four decades

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Getting in Sync

February 2024 Economic Review The economy showed surprising strength in 2023 by growing 2.5 percent, defying market expectations for the U.S. to slip into a recession under the weight of

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Data unaudited. Performance results are shown net of all fees and expenses and reflect the reinvestment of dividends and other earnings. Many factors affect performance including changes in market conditions and interest rates and in response to other economic, political, or financial developments. Investment involves risk including the possible loss of principal. No assurance can be given that the performance objectives of a given strategy will be achieved. Past performance is no guarantee of future results. Any financial and/or investment decision may incur losses. For more information on historical yields and performance, please click here.