A California-based LGIP

For Public Sector Investors

California Fixed Income Trust (CalFIT).  Managed by Chandler Asset Management, Inc. 

About Us

California Fixed Income Trust (CalFIT) was formed and is governed by a Board of Trustees comprising California local government finance officials. CalFIT (a joint powers authority under California Government Code Section 6509.7) offers the Stable Value Pool and is eligible for public agency investments pursuant to California Government Code Section 53601(p).

The Stable Value Pool is an investment solution for a local government’s most liquid reserves and invests in high-quality, short-term securities designed to meet the objectives of safety, liquidity, and return. The Stable Value Pool presents its Participants with a convenient way to meet their immediate cash needs while diversifying their cash solutions.

CalFIT investments are proudly managed by Chandler Asset Management, Inc. 

Pool Features

Learn more about pool
characteristics and performance.

How to Join

Access documents for setting up and managing your CalFIT account.

Knowledge Center

 Discover our insights on broader
market dynamics in California.

daily rates

as of 07/17/2026
7-Day SEC Yield3.77%
30-Day SEC Yield3.79%

Past performance is not a guarantee of future returns. The value of investments can fluctuate, meaning that redeemed shares may be worth more or less than their original cost. Current performance may be higher or lower than previously reported.

latest insights

your trusted advisEr
for managing public funds

LGIP EDUCATION SERIES

Curious about LGIP investment vehicles, and how pools like CalFIT maintain safety, liquidity and return for investors? Visit our Knowledge Hub today for deeper dives on topics including commercial paper, repurchase agreements and the value of GASB 79 compliance. 

Holiday Closure Notice:

CalFIT will be closed on Friday, July 3 in observance of Independence Day.