The North Carolina CLASS Participant Portal will be unavailable this Saturday, December 7, from 9:00 a.m. to 3:00 p.m. ET for routine maintenance. We apologize for the inconvenience.
Prime-style local government investment pool
Current and historical rate information
Getting started is easy; join today and start earning tomorrow!
North Carolina League of Municipalities
North Carolina CLASS is a stable $1.00 NAV local government investment pool offering daily liquidity that is better suited for your every-day funds. North Carolina CLASS strives to earn a competitive rate of return while maintaining liquidity and preserving capital. With North Carolina CLASS, you’ll enjoy these features:
Unlimited Transactions, No Fees
No limit on transactions and
no transaction fees*
Future Dated Transactions
Enter future-dated transactions to ensure timely release of funds
Participant-to-Participant Transfers
Initiate transfers to other taxing entities with
a North Carolina CLASS account
Convenient Online Access
Unlimited Subaccounts
Establish as many dedicated subaccounts
as you need
Use North Carolina CLASS During Tax Time
Conveniently set up tax subaccounts during tax time for your entity
Prime-style
Every-day fund for liquid investments
‘AAAm’
Rated by S&P Global Ratings**
Daily
Same-day liquidity available (12:00 p.m. ET cutoff)
Stable NAV
Traditional stable $1.00 NAV
≤ 60 days
Weighted average maturity of 60 days or less
Accrue Daily
Dividends accrue daily and are reinvested at month-end
Unlimited
Create as many North Carolina CLASS subaccounts as your entity needs
Accessible in Portal
Conveniently access your monthly statement, transaction confirmations, and on-demand reports
| Daily Yield (%) | 4.5270 |
|---|---|
| YTD Yield (%) | 5.2811 |
| 7-Day Yield (%) | 4.6306 |
| 30-Day Yield (%) | 4.7011 |
| Weighted Average Maturity (To Reset) | 47 |
| Weighted Average Maturity (To Final) | 83 |
| Daily Dividend | 0.000123689 |
| Net Asset Value (NAV) | 0.99999223 |
Yes, North Carolina CLASS seeks to maintain a stable $1.00 per share NAV. This is accomplished through conservative investment practices and strict internal controls.
There is no minimum investment amount for the North Carolina CLASS Prime portfolio.
For risks associated with investing in a prime-style local government investment pool, please click here.
December 2024 Economic Review When the Federal Reserve began lowering interest rates in September, the market was anticipating a steady cadence of rate cuts well into 2025. The logic behind
November 2024 Economic Review Donald Trump won the 2024 presidential election and will return to the White House with a Republican majority in both the Senate and the House of
October 2024 Economic Review U.S. inflation, as measured by the Consumer Price Index (CPI), showed mixed results in its most recent September reading. Both core inflation (which excludes volatile food
Enhance your ability to manage your assets more efficiently and effectively while seeking to prioritize safety and liquidity. Our team of investment professionals are here to assist you every step of the way.
*You may incur fees associated with wires and/or ACH transactions by your bank, but there will be no fees charged from North Carolina CLASS for such transactions. **North Carolina CLASS is rated ‘AAAm’ by S&P Global Ratings. A ‘AAAm’ rating by S&P Global Ratings is obtained after S&P evaluates a number of factors including credit quality, market price exposure, and management. For a full description on rating methodology, please visit www.spglobal.com. Ratings are subject to change and do not remove credit risk.
Data unaudited. Performance results are shown net of all fees and expenses and reflect the reinvestment of dividends and other earnings. Many factors affect performance including changes in market conditions and interest rates and in response to other economic, political, or financial developments. Investment involves risk including the possible loss of principal. No assurance can be given that the performance objectives of a given strategy will be achieved. North Carolina CLASS is not a bank. An investment in North Carolina CLASS is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although North Carolina CLASS seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. Please review the North Carolina CLASS Information Statement before investing. For more information on historical yields, please click here. For risks associated with investing in both a prime-style local government investment pool, please click here. Past performance is no guarantee of future results. Any financial and/or investment decision may incur losses.
