Cash Management Funds

STIC Prime Portfolio

Objective & Strategy

Provide current income consistent with preservation of capital and liquidity.

Permissible Investments

Invests in short-term, high-credit-quality U.S.-dollar-denominated obligations including commercial paper, certificate of deposits, mater and promissory notes, municipal securities and repurchase agreement with maturities of 60 days or less.

Security types:

US Treasury Obligations
US Government Obligations
Repurchase Agreements
Bank Obligations
Commercial Paper

Taxable Municipal Obligations
Time Deposits
Tax-Exempt Notes/Bonds
Tax-Exempt Commercial Paper
Tax-Exempt Variable Rate Securities

Fund Highlights

  • The portfolio management team follows a conservative investment process with respect to minimal credit risk, interest rate risk and liquidity.
  • The fund is designed for short- to medium-term cash investments, operating cash, cash sweeps and the liquidity components of investment portfolios.
  • The fund aims to preserve capital, maintain liquidity and produce a competitive yield.

Management team

as of 04/30/2016

Cumulative Returns (%)

1Mo 3Mo YTD Since Incept.
0.02% 0.07% 0.09% 80.95%
as of 04/30/2016 03/31/2016

Average Annual Returns (%)

1Y (%) 3Y (%) 5Y (%) 10Y (%) Since
Incept. (%)
0.14 0.10 0.08 1.17 2.75
The performance data quoted represents past performance. Past performance does not guarantee future results and current performance may be lower or higher than the performance data quoted. The investment return and principal value of your investment will fluctuate so that your shares, when redeemed, may be worth more or less than their original cost. The 365-yield represents standard one-day yield for the funds. The 30-day simple yield represents annualized results for the period, net of fees and expenses and exclude any realized capital gains or losses.

The 7-day SEC yield reflects fee waivers and/or expense reimbursements in effect for the period. Had the Adviser and/or Distributor not waived feeds and/or reimbursed expenses, the 7-day SEC yield would have been lower.

Average annual total returns reflect reinvested distributions, net of expenses for the periods. The 7-day SEC yield more closely reflects the current earning of the fund than the total returns.

Net asset value (NAV) 

Daily and weekly liquid assets

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No history records found for this date range

Net shareholder flows

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Total net assets 

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Yields 

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Factor 

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Weighted average maturity (WAM) and weighted average life (WAL)

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as of 05/25/2016

Daily

  • $1.00 Current NAV 
    (as of 05/25/2016)
  • $1.0000 Market Value NAV 
    (as of 05/25/2016)
  • 19.67% Daily liquidity 
    (as of 05/25/2016)
  • 59.89% Weekly liquidity 
    (as of 05/25/2016)
  • Net shareholder flows
    $10,330,216.46 Redemptions 

    $6,893,938.57 Purchases 
  • $2,384,382,347 Total net assets 
  • 0.28% 7-day SEC yield
  • 0.21% Unsub. 7-day SEC yield
  • 0.28% 30-day simple yield 
  • 0.28% 365-day yield 
  • 0.00000769 Factor 
  • 13 days WAM 
  • 16 days WAL 

Details

  • CUSIP 825252653
  • Inception Date 06/30/1994
  • Bloomberg Ticker ASTIPCM
  • Fund Number 1918
  • Ratings 
    Standard & Poors AAAm

    Moody's Aaa-mf

    Fitch Ratings AAAmmf
  • 5 p.m. ET Same-day settlement time

NAIC Requirements
National Association of Insurance Commissioners (NAIC)
Meets NAIC-1 requirement of a 1% capital reserve for a purchase by insurance companies.