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 03/29/2026
| CLASS/SERIES | Diversified % |
|---|---|
| Daily Rate | 3.330 |
*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
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.
Cash Flow Management Program for School Districts
School districts that deposit state aid into SD FIT receive complimentary access to our Cash Flow Management Program. It provides a clear view of cash flow, helping districts meet liabilities on time, plan for shortfalls, invest for higher returns, and maximize interest income — all while keeping funds secure and working for taxpayers.
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
Strong Earnings Season Supports Markets
Earnings have taken center stage as Q4 reporting nears completion. S&P 500 earnings growth is tracking in the mid-teens year over year, marking a fifth consecutive quarter of double-digit gains, with strength led by AI-driven Technology and Industrials and supported by broad-based revenue growth across most major sectors.
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 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.
