FLCLASS is a stable $1.00 NAV local government investment pool offering daily liquidity that is best suited for your every-day funds. FLCLASS strives to earn a competitive rate of return while maintaining liquidity and preserving capital. With FLCLASS, you’ll enjoy these features:
Unlimited Transactions, No Fees
No limit on transactions and
no transaction fees*
Future Dated Transactions
Enter future-dated transactions to ensure timely release of funds
Initiate transfers to other taxing entities with
a FLCLASS account
Convenient Online Access
Establish as many dedicated subaccounts
as you need
Use FLCLASS During Tax Time
Conveniently set up tax subaccounts for ad valeroms
Every-day fund for liquid investments
Rated by S&P Global Ratings
Same-day liquidity available (3:00 p.m. ET cutoff)
Traditional stable $1.00 NAV
≤ 60 days
Weighted average maturity of 60 days or less
Dividends apply and are reinvested daily
Create as many FLCLASS subaccounts as your entity needs
Accessible in Portal
Conveniently access your monthly statement, transaction confirmations, and on-demand reports
$1.00 per share
|Daily Yield (%)||4.6204|
|YTD Yield (%)||4.5681|
|7-Day Yield (%)||4.5874|
|30-Day Yield (%)||4.5739|
|Weighted Average Maturity (To Reset)||34|
|Weighted Average Maturity (To Final)||58|
|Net Asset Value (NAV)||1.00019687|
There is no minimum investment amount for the FLCLASS portoflio.
Yes, FLCLASS seeks to maintain a stable $1.00 per share NAV. This is accomplished through conservative investment practices and internal controls.
Enhance your ability to manage your assets more efficiently and effectively while seeking to maintain safety and liquidity. Our team of investment professionals are here to assist you every step of the way.
*You may incur fees associated with wires and/or ACH transactions by your bank, but there will be no fees charged from FLCLASS for such transactions. FLCLASS is rated ‘AAAm’ by S&P Global Ratings. A ‘AAAm’ rating by S&P Global Ratings is obtained after S&P evaluates a number of factors including credit quality, market price exposure, and management. For a full description on rating methodology, please visit www.spglobal.com. Ratings are subject to change and do not remove credit risk.
Data unaudited. Performance results are shown net of all fees and expenses and reflect the reinvestment of interest 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.