Skip to main content

PMIA Resources

Find essential documents, policies, and meeting schedules for the Pooled Money Investment Account.

Pooled Money Investment Account

Through the Pooled Money Investment Account (PMIA), the State Treasurer invests taxpayers’ money to manage the State’s cash flow and strengthen the financial security of local governmental entities. PMIA policy sets as primary investment objectives safety, liquidity and yield.

Market Value of PMIA Funds Graph

Market Value of PMIA Funds

View Full Graph (opens in a new tab)
PMIA Portfolio Composition - 02/28/2025
Total: $156.8 Billion Graph

PMIA Portfolio Composition - 02/28/2025


Total: $156.8 Billion

View Full Graph (opens in a new tab)
Average Monthly Yield 07/2020 through 07/2025 Graph

Average Monthly Yield 07/2020 through 07/2025

View Full Graph (opens in a new tab)

Additional Investment Information

Through the Pooled Money Investment Account (PMIA), the State Treasurer invests taxpayers’ money to manage the State’s cash flow and strengthen the financial security of local governmental entities.

Local Agency Investment Fund

The Local Agency Investment Fund (LAIF), a voluntary program, began in 1977 as an investment alternative for California's local governments and special districts, and it continues today under the administration of Treasurer Fiona Ma.

Program Description

Contact Information

Time Deposit Program

This program allows the State Treasurer to place deposits with eligible California financial institutions. By accessing funds through the Time Deposit Program, these institutions can reinvest in the California communities they serve.

Program Description

Contact Information

Documents and Reports

Find essential documents, policies, and meeting schedules for the Pooled Money Investment Account.

Contact Us

Director Of Investments

(916) 653-3147

Assistant Director Of Investments

(916) 653-3147

State Treasurer's Office

Pooled Money Investment Account

901 P Street, Room 213B

Sacramento, CA 95814

Contact Us