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Prime-style local government investment pool 

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A monthly breakdown of the Michigan CLASS portfolio

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Historical Rates

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Michigan CLASS
Feb 2025

Date Daily Yield (%) YTD Yield (%) 7-Day Yield (%) 30-Day Yield (%) WAM Days to Reset WAM Days to Final Daily Dividend Net Asset Value (NAV)
02/09 4.4845 4.5054 4.4860 4.4927 44 75 0.000122864 0.99994325
02/08 4.4845 4.5060 4.4887 4.4935 44 75 0.000122864 1.00000076
02/07 4.4845 4.5065 4.4913 4.4942 45 76 0.000122864 1.00005827
02/06 4.4742 4.5071 4.4940 4.4948 45 77 0.000122579 1.00006720
02/05 4.4797 4.5080 4.4987 4.4960 46 78 0.000122733 1.00005973
02/04 4.4899 4.5088 4.5025 4.4977 46 79 0.000123011 1.00005803
02/03 4.5047 4.5094 4.5040 4.5004 47 79 0.000123415 1.00006015
02/02 4.5032 4.5096 4.5028 4.5026 48 80 0.000123375 0.99992472
02/01 4.5032 4.5097 4.5011 4.5049 48 80 0.000123375 0.99998533
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Performance

Annualized as of September 30, 2024

Time Period Michigan CLASS Michigan CLASS EDGE
Inception Date 2/3/2014 12/20/2021
1 year 5.7291% 5.8199%
3 years 3.7935% N/A
5 years 2.5019% N/A
10 years 1.8237% N/A
Since Inception 1.7146% 3.9840%
Benchmark(s) 1 year 3 year 5 year 10 year
ICE BofA US 3-Month Treasury Index 5.4569% 3.4941% 2.3200% 1.6487%
ICE BofA US 6-Month Treasury Bill Index 5.7332% N/A N/A N/A


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. Michigan CLASS is not a bank. An investment in Michigan CLASS is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Michigan CLASS prime-style fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. Please review the Michigan CLASS Information Statement(s) located in the Document Center before investing. Past performance is no guarantee of future results. Any financial and/or investment decision may incur losses.

The ICE BofA ML 3-Month T-Bill Index is an unmanaged index that measures the returns of three-month U.S. Treasury Bills. The ICE BofA ML 6-Month T-Bill Index is an unmanaged index that measures the returns of six-month U.S. Treasury Bills.

Investors cannot purchase the index directly. Fees will reduce returns.

Explanation of Yields