Florida PRIME

What is Florida PRIME?

Florida PRIME is a government investment pool that offers management by Federated Hermes, one of the nation’s leading investment managers. The Pool offers investors experienced, government-level liquidity management, conservative investment policies, an extensive governance framework, a Standard & Poor’s “AAAm” rating, full transparency, and best-in-class financial reporting.

Fund Rates

Who uses the pool?

O V E R

700

Users in Florida

The pool is made up of approximately

$27.5 BILLION

in public funds(*)

* As of 03/31/2024

Eligibility extends to hundreds of governmental investors including:

State Agencies
State Universities and Colleges
Counties
Cities

Special Districts
School Boards
Other direct support organizations of the State of Florida

What are the BENEFITS?

Daily Liquidity
History of comparitive yield
No minimums
No ACH or wire fees

Unlimited transactions
Reliable technology
Personal support team

What types of assets are invested?

OPERATING CASH | BOND PROCEEDS | STATE AID
GENERAL FUNDS | TRUST FUNDS | STABILIZATION FUNDS