SD FIT at a Glance
South Dakota Public Funds Investment Trust (SD FIT) is a cash management service for Municipalities, Counties, School Districts, Townships, Water and Sanitary Districts, and Cooperative Education Service Units.
Rates and Performance
Rates and Performance as of 05/21/2025
| CLASS/SERIES | Diversified % |
|---|---|
| Daily Rate | 3.950 |
*Daily Rate: Refers to income generated over the previous one day period; the income is then annualized.
*7-Day Average Rate: Refers to income generated over the previous seven day period; the income is then annualized.
*7-Day Effective Rate: Calculated in the same manner but assumes reinvestment of income over the seven day period. Due to compounding, the 7-Day Effective Rate will be slightly higher than the 7-Day Average Rate.
Service Programs
Cash Flow Management Program
The Cash Flow Management Program gives public entities a complete and accurate picture of their cash flow so they can put their money to work sooner and longer. It helps client’s feel confident that liabilities are met with a maturity, invest longer to take advantage of higher rates, plan for cash shortfalls, identify long-term investment potential and maximize interest income.
Bond Proceeds Management Program
The Bond Proceeds Management Program (BPM) is a comprehensive service that helps Participants establish a reliable and sufficient flow of funds, optimize investment earning and adequately cover projected expenses. Additionally, BPM assists public entities in the critical areas of investment, arbitrage and reporting.
Fixed Rate Investments
Institutional relationships with some of Wall Street’s most experienced professionals and an extensive local and national bank network enable SD FIT to provide Participants world-class fixed income opportunities. SD FIT offers Participants direct access to multiple types of Bank Certificates of Deposit.
Current Information
SD FIT Brochure
Click the button below to view the brochure and learn more about SD FIT.
VIEW SD FIT BROCHURE
SD FIT Newsletter
Important GPS Update!
Beginning Wednesday, May 21st, a small account update sets the stage for exciting enhancements for the future! We’re excited to share that GPS – our secure online portal – is undergoing a series of upgrades, bringing you powerful new tools and enhancements in the very near future.
READ MORE
Resource Center
Click the button below to view all the latest resources in the SD FIT Resource Center.
VIEW RESOURCE CENTER
Access your Account
Login to your PMA GPS account through a secured server 24 hours a day, 7 days a week:
How To Join
Learn more about how to become an SD FIT Participant.
