Pools

The trust features three investment pools:

Cash Pool

The TX-FIT Cash Pool is a high-quality money market alternative for local government investors. The Cash Pool is a short-term investment product designed to add diversification with multiple asset classes and a competitive yield to other cash alternatives. Providing same day liquidity to participants, the pool is managed as a dollar-in/dollar-out product and has a floating net asset value. This pool is excellent for public sector participants’ cash needs.

Government Pool

The TX-FIT Government Pool provides Texas’ public entities a conservatively managed, PFIA compliant, investment option with no corporate exposure. The TX-FIT Government Pool seeks preservation of principal, a competitive yield and a stable NAV, while also providing same day liquidity to its participants.

Choice Pool

The Texas FIT Choice Pool is designed to provide each Participant in the Pool with a fixed rate investment with a fixed maturity of between 60 days and one year. Upon investment in the Texas FIT Choice Pool, a Participant, will be provided a daily rate sheet with projected yield indications for the varied fixed maturity ranges. Participants will determine the maturity date (e.g., 60 days, 90 days, 120 days) for their particular investment needs. Yields can change daily.

Fact Sheets

Please use the below links to access the most recent fact sheets for each of the TX-FIT pools:

TX-FIT Quarterly Fact Sheet – Government Pool
TX-FIT Quarterly Fact Sheet – Cash Pool

Fitch Ratings Profiles

Fitch Assigns ‘AAAf’ Rating to TX-FIT Choice Pool, click here to read (PDF)

Please use the following links to access the most recent Fitch Ratings profiles for each of the TX-FIT pools:

TX-FIT Cash Pool https://www.fitchratings.com/research/fund-asset-managers/texas-fixed-income-trust-cash-pool-24-05-2022
TX-FIT Government Pool https://www.fitchratings.com/research/fund-asset-managers/texas-fixed-income-trust-government-pool-24-05-2022

Daily Yield

Pool	Cash Pool	Govt Pool
Date	09/19/23	09/19/23
NAV	$1.00	$1.00
1-Day Yield	5.42%	5.22%
7-Day Yield	5.42%	5.22%
30-Day Yield	5.42%	5.19%
WAM (Reset)	11 Days	16 Days
WAM (Final)	73 Days	56 Days

Performance

Performance as of 08/31/2023		Cash Pool	Government Pool
Inception Date		8/6/2019	1/30/2020
Nominal	1 Month	0.46%	0.44%
		3 Months	1.35%	1.29%
		6 Months	2.63%	2.51%
		9 Months	3.79%	3.58%
		Since Inception	7.10%	5.36%
Annualized	1 Year	4.63%	4.33%
		3 Years	1.76%	1.63%
		5 Years	N/A	N/A
		Since Inception	1.70%	1.47%

Performance data quoted are based on net returns and represents past performance and does not guarantee future results. Net returns for the Pools are net of actual expenses, including transaction costs and accruals for legal and audit fees, management fees, and other. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the pools may be lower or higher than the performance quoted.

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This communication and the products and services described within are intended solely for Texas public institutions and is not an offer to sell or buy any investments or services offered by Deep Blue Investment Advisors to any public institution in any jurisdiction in which such offer or solicitation would be unlawful under the securities laws of such jurisdiction.