The Iowa Public Agency Investment Trust (IPAIT), started in 1987, provides one daily liquid portfolio; the Diversified Fund, as well as fixed rate investments through the IPAIT Fixed Term Automated (FTA) Program. Our Diversified Fund portfolio is rated ‘AAAm’ under S&P Global Ratings’ principal stability fund ratings.
​
Even as IPAIT has grown to over 400 participants, our three investment objectives have remained constant:
1. Safety of Principal 2. Liquidity 3. Yield
7-Day Average Yield
DIVERSIFIED: 5.07%
Daily Rate 04/22/2024
DIVERSIFIED: 5.07%
IPAIT FTA Program
Investment Commentary
Access S&P Global
Ratings
IPAIT Rating Press Release
'AAAm' is the highest principal stability fund rating assigned by S&P Global Ratings.
N E W S L E T T E R
Though the path to lower inflation has been somewhat bumpy, the trend in Core PCE (Personal Consumption Expenditures), the Fed’s preferred measure of inflation, continues downward. Year-over-year growth in Core PCE declined to 2.8% in February. Continue reading...