Georgia Fund 1 Prime

Overview

 
AT A GLANCE
Portfolio
Assets
May 31 2024
$581.4 M
YTD Return NAV
June 23 2024
2.66%
7-Day Net Yield
June 23 2024
5.48%
Documents
STRATEGY

The primary objective of GF1 Prime is to provide Local Investors the potential of a higher return on their investment by adding credit oriented investments.  GF1 Prime will be managed as a low risk, high credit quality portfolio seeking preservation of principal, liquidity, and a competitive return.

KEY FACTS
Key Facts - Part 1
Pool Cutoff Deposits: 03:00 p.m. ET
Withdrawals: 03:00 p.m. ET
Key Facts - Part 2
Pool Number(s)
814
Performance Incp. Date December 4 2023
Credit Rating AAAmmf Fitch
Additional Transaction Deadlines

Deposit/Withdrawal by ACH: 3:00 p.m. ET
Transfers between Accounts: 3:00 p.m. ET
Settlement of Wires: 5:00 p.m. ET (trade date)

Wiring Instructions 

Quick Reference Guide

KEY INVESTMENT TEAM
Paige Wilhelm
Senior Vice President
Senior Portfolio Manager
Head of Prime Liquidity Group

joined Federated Hermes
33 years of experience
Mark Weiss, CFA
Vice President
Senior Portfolio Manager

joined Federated Hermes
26 years of experience
Deborah A. Cunningham, CFA
joined Federated Hermes
38 years of experience

Performance

Characteristics

DISCLOSURES

Portfolio composition is subject to change.

Current and future portfolio holdings are subject to risk.

An investment in the Pool is not insured or guaranteed by any government or government agency.  Although the manager of the Pool seeks to preserve principal, it is possible to lose money by depositing money in the Pool.

Pool Insights

 

Documents

 
DISCLOSURES

Investors should carefully consider the portfolio's investment objectives, risks, charges and expenses before investing. Information about these and other important subjects is in the Investment Circular, which you should read carefully before investing.

DISCLOSURES

Investors should carefully consider the portfolio's investment objectives, risks, charges and expenses before investing. Information about these and other important subjects is in the Investment Circular, which you should read carefully before investing.

An investment in the Pool is not insured or guaranteed by any government or government agency.  Although the manager of the Pool seeks to preserve principal, it is possible to lose money by depositing money in the Pool.

1-Day net yield: Calculated by taking the pool's net investment income divided by shares outstanding to determine the daily interest factor.  The daily interest factor is multiplied by 365 and then by 100 to derive a percentage.  This yield may include short-term capital gains. 

7-day net yield: Calculated by taking an average of the past 7 days' net yields less any short-term capital gains. 

30-day net yield: Calculated by taking an average of the past 30 days' net yields. 

Ratings are based on an evaluation of several factors, including credit quality, diversification and maturity of assets in the portfolio, as well as management strength and operational capabilities. Ratings are subject to change and do not remove market risk.

Weighted Average Maturity (WAM) is the mean average of the periods of time remaining until the securities held in the pool's portfolio (a) are scheduled to be repaid, (b) would be repaid upon a demand by the pool or (c) are scheduled to have their interest rate readjusted to reflect current market rates. 

Weighted Average Life is calculated in the same manner as the Weighted Average Maturity (WAM), but is based solely on the periods of time remaining until the securities held in the pool's portfolio (a) are scheduled to be repaid or (b) would be repaid upon a demand by the pool without reference to when interest rates of securities within the portfolio are scheduled to be readjusted.

Portfolio composition is subject to change.

Federated Investment Counseling

Not FDIC Insured
May Lose Value
No Bank Guarantee