Public Treasurer’s Investment Fund (PTIF)

The PTIF is available to state and local government entities as a short-term cash investment vehicle. The PTIF invests primarily in investment-grade corporate notes, top tier commercial paper, and money market mutual funds. The PTIF invests only in securities authorized in the Utah Money Management Act. The cost to participants of investing in the PTIF is approximately ½ of 1 basis point. The PTIF has approximately $18 billion in assets and generated CY19 investment earnings of $445 million.

Why invest in the PTIF?

Investing in the PTIF is a convenient and effective way to invest municipal funds. The PTIF can readily accommodate large investments, while providing local government or agency officials with a high degree of liquidity.

The  Office of State Treasurer has the tools and expertise to optimize investment returns and manage risk. Pooling of investments allows for larger economies of scale and superior purchasing power, while minimizing the expense of investment management to PTIF participants.

Benefits of investing in the PTIF:

  • Liquidity
  • Diversification
  • Competitive Rates
  • No minimum balance or transaction size
  • Direct transactions with other PTIF accounts
Who can invest?

Any funds administered by a public treasurer in the State of Utah may be invested in the PTIF. These include funds held by city and county treasurers, state boards, commissions, institutions, departments, divisions, agencies, school districts, charter schools, special service districts, and other public bodies.

PTIF Support

The Utah Office of State Treasurer provides PTIF support from 8 a.m. to 5 p.m. Monday through Thursday, and from 7 a.m. until 4 p.m. on Friday.

PTIF support can be contacted at:

PTIF Account Management

The PTIF Account Management Tool enables authorized individuals to:

  • Add or delete users to access and/or transact with PTIF accounts;
  • Add, delete, or make changes to bank accounts tied to PTIF accounts; and
  • Open or close PTIF accounts.

PTIF Account Management Tool
IPAS Login

The PTIF’s primary investment objective is safety of principal. It is not FDIC-insured and may lose value.