Menu

desktop
phone
tablet

Welcome to Texas Range

Current Rates


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

Account Access and Sign In Button – Domain Name Change

We are transitioning the Account Access (EON) page and this website’s Sign In button domain name from am-auth.pfm.com to am-auth.pfmam.com effective October 23, 2021.

Should you encounter any issues accessing this new site, please inform your IT professionals to allow access to the new domain name *.pfmam.com to ensure that you can continue to visit Account Access (EON) and Sign In to password-protected areas of this website.

If you have any questions, please reach out to our Texas Range team at CSGSouthRegion@pfmam.com or call 866.839.8376.


 

The Texas Range Investment Program ("Texas Range" or the "Program") was created by and for Texas local governments. The Program provides investment options tailored to the needs of Texas cities, counties, school districts and other public investors. The Texas Range portfolios seek to provide these investors with safety, flexibility and competitive yields.

 

Investments Designed for Texas Public Fund Investors 

Texas Range provides a series of professionally managed investment options to public fund investors in the State of Texas.

The Program offers four distinct investment options:

TexasDAILY

  • Daily liquidity with $1.00 NAV
  • Invests in government securities
  • AAAmmf* rated by Fitch

TexasDAILY Fact Sheet

TexasDAILY Select

  • Daily liquidity with $1.00 NAV
  • Invests in the full range of Public Funds Investment Act (PFIA) permitted investments
  • AAAmmf* rated by Fitch

 

TexasTERM

  • Fixed-rate, fixed-term investment options
  • Maturities from 60 days to one year
  • AAAf** rated by Fitch

TexasTERM Certificates of Deposit Purchase Program

  • FDIC-insured Certificates of Deposit ("CDs")
  • Maturities available from 90 days to five years
  • CDs held in name of investors

 

Committed to meeting the needs of Texas public investors, the Program:

  • Investments are designed to comply with applicable Texas statutes and meets the high standards imposed by Texas Range
  • Is established as a public funds investment pool under the Public Funds Investment Act
  • Investors have selected an Advisory Board to oversee the management of the Program

 

For More Information

To learn more about how Texas Range can meet your needs, please email or call 1-866-839-8376 to speak to a Texas Range Representative.

 

*AAAmmf Fitch Rating 
The TexasDAILY and TexasDAILY Select portfolios have received a AAAmmf rating from Fitch Ratings ("Fitch"). The Fitch AAAmmf rating reflects Fitch's review of the portfolios' overall credit quality and diversification and low exposure to interest rate and spread risks as well as the capabilities and resources of PFM Asset Management LLC as investment adviser. According to Fitch's rating criteria, the AAAmmf rating signifies an extremely strong capacity to achieve the portfolios' investment objective of preserving principal and providing shareholder liquidity through limiting credit, market, and liquidity risk. However, it should be understood that this rating is not a "market" rating nor a recommendation to buy, hold or sell the securities. For a full description on rating methodology, visit Fitch Ratings.

**AAAf Fitch Rating 
The TexasTERM portfolio has received a AAAf rating from Fitch. The rating reflects Fitch's review of the TexasTERM portfolio’s investment and credit guidelines, the portfolio's credit quality and diversification, as well as the capabilities of PFM Asset Management LLC as investment adviser. The Fitch AAAf rating indicates the highest underlying credit quality (or lowest vulnerability to default). However, it should be understood that this rating is not a "market" rating nor a recommendation to buy, hold or sell the securities. For a full description on rating methodology visit Fitch Ratings.

 



This information is for institutional investors, 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 Texas Range Investment Program's (the "Program’s") investment objectives, risks, charges and expenses before investing. This and other information about the Program is available in the Program's Information Statement, which should be read carefully before investing. A copy of the Program's Information Statement may be obtained by calling 1-866-839-8376 or is available on the Program's website at www.texas-range.com.  While TexasDAILY and TexasDAILY Select seek to maintain a stable net asset value of $1.00 per share and TexasTERM 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 Program. An investment in the Program is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. Shares of the Program 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 a wholly owned subsidiary of PFM Asset Management LLC.




Copyright 2021, All Rights Reserved