Current Rates
Current Rates
Name | Date | Current Seven-Day Yield |
TexasDAILY | 12/12/2024 | 4.64% |
TexasDAILY Select | 12/12/2024 | 4.81% |
Connect users can find current TexasTERM rates on their account dashboard. Alternatively, please contact the Client Services Group at 800.839.8376 or CSGMWW@pfmam.com.
The current yield of the portfolio may, from time to time, be quoted in reports, literature and advertisements published by the Program. The current yield, which is also known as the current annualized yield or current seven-day yield, represents the net change, exclusive of capital changes and income other than investment income, in the value of a hypothetical account with a balance of one share (normally $1.00 per share) over a seven-day base period expressed as a percentage of the value of one share at the beginning of the seven-day period. This resulting net change in account value is then annualized by multiplying it by 365 and dividing the result by 7. Past performance does not guarantee future results.
The current annualized yield, sometimes known as the SEC Yield, is computed on the same basis as required by the Securities and Exchange Commission for money market funds registered under the Investment Company Act of 1940, and in compliance with Section
2256.016(c) of the Texas Government Code. Investors may also receive the daily allocation factor, monthly distribution yield and monthly allocation factor by contacting a Texas Range Representative.
Please note the daily cutoff for fixed rate investments
is 12:00 Noon Central Time. Fixed rates are available daily by contacting a Texas Range Representative.
Please enter your color in the box below for the top navigation bar and side navigation bar. Make sure there are no extra spaces in the box below:
#595959 |
Please enter your color in the box below for the login button and top left icon. Please make sure there are no extra spaces in the box:
#EEDDA8 |
Please enter your font style below in the box.
*Make sure there are no extra spaces in the box and do not delete the box:
Poppins, sans-serif |