Welcome
The Wisconsin Investment Series Cooperative (WISC) is an investment opportunity open to Wisconsin public entities including school districts, municipalities, counties and technical colleges. WISC is governed by a commission of representatives from participating entities that has the full power, control and authority over the affairs, investments and assets of the pools.
Since 1988, WISC has earned a well-deserved reputation among Wisconsin public entities and is known for its excellent performance built around safety, liquidity and yield. As a WISC Participant, you can benefit from a full range of cash management and investment services.
Rates and Performance
Rates and Performance as of 09/30/2023
| CLASS/SERIES | CMS % | IS % | LTD % |
|---|---|---|---|
| Daily Rate | 5.200 | 5.337 | - |
| 7-Day Average Rate | 5.182 | 5.327 | - |
| 7-Day Effective Rate | 5.316 | 5.469 | - |
| Net Market Yield | - | - | 5.380 |
*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.
*Net Market Yield: The yield-to-worst after deducting portfolio expenses. Sources: Bloomberg, PMA Financial Network, LLC and PMA Asset Management, LLC
Investment Options
Portfolios
The Multi-Class Series invests in money market instruments having a maximum
remaining maturity of one year. The Limited Term Duration Series (LTD) seeks to provide Participants with the ability to earn a higher yield than WISC Multi Class investments with limited additional risk.
Fixed Rate Investment Program
The Fixed Rate Program allows investors to purchase investment instruments, including FDIC insured or collateralized certificates of deposit of banks and thrift institutions (“CDs”), government securities and municipal securities.
Current News
PMA Asset Management Market Update
Higher For Longer
The yield on the 10-Year US Treasury rose in August to its highest level since 2007. The month saw real yields rise even more and are now at the highest level since 2009. Real, or inflation-adjusted, yields reflect the difference between the expected levels of inflation and nominal Treasury yields.
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WISC – No exposure to SVB or Signature Bank
The recent joint actions by the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board, and the Treasury Department ensure that all depositors at the two institutions that were recently closed (Silicon Valley Bank in California and Signature Bank in New York) can access their funds with no interruptions.
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Meet the Commissioners
Get to know our WISC Commissioner team and how they can help.
Service Providers
Click below to learn more about our WISC Service Providers.
