Current Rates

Welcome to the Wyoming Government Investment Fund 

The Wyoming Government Investment Fund (WGIF or the Fund) was created July 1, 1996, to provide cash management investments designed exclusively for Wyoming public entities. In addition, the Fund provides municipal investors with a full range of tools for meeting their cash flow and investment needs, including investment management services, education, and client service support. WGIF is sponsored by the Wyoming School Boards Association (WSBA) and the Wyoming Association of Municipalities (WAM).

Investments designed for Wyoming local governments

The Fund and its various services provide Participants an opportunity to maximize their income while maintaining safety of principal and liquidity as their primary investment objectives. Currently, the Fund offers eligible Participants two professionally managed investments options:

• WGIF Liquid Asset Series: A fully liquid, stable net asset value (NAV) investment option that enables Participants to pool their short-term funds for a common investment, offering same-day liquidity and an opportunity to earn a competitive yield. The Liquid Asset Series stresses preservation of principal as one of its goals and has earned a AAAm rating by S&P Global¹.
• WGIF TERM: For Participants with known cash flows, this investment option, rated AAAf by Fitch Ratings², offers an opportunity to optimize interest earnings by securing a fixed interest rate for a fixed period of time. Maturities range from 60 days to one year. Investment principal and interest are paid at maturity and automatically sweep into Participants’ WGIF Liquid Asset Series accounts.

Why invest with WGIF?

How WGIF is structured to meet the goals of its Participants:

• WGIF is the state’s only investment program sponsored by WSBA and WAM
• WGIF is owned and operated by the Fund’s Participants, helping to ensure that the Fund remains focused on the particular needs of Wyoming’s public entities
• The Fund’s Participants elect members of the Board of Directors to govern WGIF – a Board that represents Participants of the Fund
• The Board of Trustees is responsible for overall management of the Fund, including formulation and implementation of investment and operating policies

Specialized service options  

In addition to the Fund, WGIF Participants may also take advantage of other investment services provided by the Fund Administrator, PFM Asset Management³ (PFMAM). These products are authorized by the Board of Trustees and require a separate agreement with the investment advisor.

• Certificates of Deposit Investment Program: This program enables WGIF Participants to invest individually in certificates of deposit (CDs) insured by the Federal Deposit Insurance Corporation (FDIC) or the National Credit Union Share Insurance Fund (NCUSIF)
• Individually Managed Portfolios: WGIF Participants can also opt for an individually tailored portfolio– an approach for meeting specific investment objectives and seeking to maximize results
• Bond Account Management (BAM) Program: BAM offers Participants a customized strategy and portfolio for proceeds of tax-exempt and taxable financings, among other services

The WGIF Board selects various professional organizations to provide services to the Fund.  

For more information

To find out more about how WGIF can help meet your needs, please contact a Fund representative at 866.249.9443.

1  S&P Global AAAm Rating: S&P evaluates a number of factors, including credit quality, market price, exposure, and management. Please visit SPGlobal.com/Ratings for more information and ratings methodology.

2  Fitch AAAf Rating: portfolios with this rating indicate having the highest underlying credit quality. Please visit fitchratings.com for more information and ratings methodology.

3  PFM Asset Management is a division of U.S. Bancorp Asset Management Inc., WGIF’s investment adviser and administrator, that services public sector clients.