The Pennsylvania Local Government Investment Trust
The Pennsylvania Local Government Investment Trust
IMPORTANT MESSAGE: Independence Day Holiday
Due to the Independence Day Holiday, the Fund will be closed on Monday, July 4, 2022.
Our Re-Imagined Client Experience is Here!
We've been hard at work building the next generation of our client portal. Formerly known as EON (Easy Online Network), our new client portal is called "Connect".
The new experience features an easy-to-use interface, updated visualizations, enhanced self-service reporting and transactional capabilities! Please be on the lookout for updates in the near future and please reach out to us with any questions.
Please join PFM Asset Management LLC (PFM), PLGIT’s investment adviser, for a webinar: Economic & Financial Markets
Please join PFM Asset Management LLC (PFMAM), PLGIT’s investment adviser, for a webinar Economic & Financial Markets Update, on Tuesday, June 28, at 1:00 p.m. During this webinar we will broadly cover areas of the U.S. economy and global markets that have effects on Pennsylvania public investors. Click HERE to register.
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PLGIT was created in 1981 to meet the short-term investment needs of local governments, school districts, municipal authorities, and other types of governments in the Commonwealth of Pennsylvania. We now serve more than 3,000 public entity investors across the Commonwealth and cooperatively invest more than $6.9 billion* across multiple programs.
The PLGIT Advantage
PLGIT offers a wide array of investment options and cash management services to our Investors, including the following
- No minimum investment or balance requirements
- Fixed-rate, fixed-term investment options, including FDIC-insured CDs;
- Unlimited number of accounts;
- Unlimited checking;
- Unlimited next-day transfers;
- Up to 2 same-day transfers each month at no cost;
- Direct Deposit of subsidy payments and other revenues;
- Online account access, transactions, and online statements; and
- Quick, knowledgeable phone support.
For More Information
To find out more about how PLGIT can meet your needs, please call 1-800-572-1472 to speak to a PLGIT marketing representative.
* As of June 30, 2020
The Pennsylvania Local Government Investment Trust ("PLGIT") has entered into a Plan of Reorganization (the “Reorganization”) to consolidate certain portfolios and reorganize certain share classes. As a result of this Reorganization, effective August 1, 2020, the existing PLGIT/I-Class shares were renamed PLGIT/Reserve-Class shares. PLGIT/PLUS-Class shares merged into PLGIT/Reserve-Class shares. The PLGIT/ARM Portfolio merged into the PLGIT Portfolio, and PLGIT/ARM shareholders received PLGIT/Reserve-Class shares.
This information is for institutional investor use only, not for further distribution to retail investors, and does not represent an offer to sell or a solicitation of an offer to buy or sell any fund or other security. Investors should consider the investment objectives, risks, charges and expenses before investing in any of the Trust’s portfolios. This and other information about the Trust’s portfolios is available in the current Information Statement, which should be read carefully before investing. A copy of the Information Statement may be obtained by calling 1-800-572-1472 or is available on the Trust’s website at www.plgit.com. While the PLGIT and PLGIT/PRIME portfolios seek to maintain a stable net asset value of $1.00 per share and the PLGIT/TERM portfolio seeks to achieve a net asset value of $1.00 per share at its stated maturity, it is possible to lose money investing in the Trust. An investment in the Trust is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Shares of the Trust’s portfolios are distributed by PFM Fund Distributors, Inc., member Financial Industry Regulatory Authority (FINRA) (www.finra.org) and Securities Investor Protection Corporation (SIPC) (www.sipc.org). PFM Fund Distributors, Inc. is an affiliate of PFM Asset Management LLC.
A description of the PLGIT CD Purchase Program is contained in the PLGIT Information Statement. The Information Statement contains important information and should be read carefully before investing. Investors may purchase Certificates of Deposit through the PLGIT CD Purchase Program only by executing an investment advisory agreement with the Trust’s Investment Adviser, PFM Asset Management LLC.
SMPLGIT, PLGIT-Class Shares, PLGIT/Reserve-Class Shares, PLGIT/TERM, PLGIT-CD, PLGIT/PRIME, and PLGIT-CAP are service marks of the Pennsylvania Local Government Investment Trust.