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 
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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 June 13, 2024

Daily Yield (%) 5.3945
YTD Yield (%) 5.4286
7-Day Yield (%) 5.3940
30-Day Yield (%) 5.4002
Weighted Average Maturity (To Reset) 28
Weighted Average Maturity (To Final) 83
Daily Dividend 0.000147390
Net Asset Value (NAV) 0.99996063

Historical Yields

How Much Could You Have Earned With California CLASS Prime?

You would have earned

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on your investment if you started on

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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

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The Federal Reserve

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Not So Fast

April 2024 Economic Review In December, the Federal Reserve turned its focus towards potential rate cuts in 2024 as inflation continued its steady decline towards the policymaker’s 2 percent target.

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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.