In 1982, PSDLAF (The Fund) was created specifically to assist Local Governments (Local Education Agencies and Municipal Entities) in the Commonwealth of Pennsylvania to help manage their investment needs.

The Fund provides Local Governments multiple investment programs, in accordance with the provisions of the Pennsylvania Intergovernmental Cooperation Act and Section 521 of the Pennsylvania Public School Code.

Additionally, The Fund’s Multiple Series* have maintained Standard and Poor’s (S&P) highest credit rating of AAAm since the foundation of The Fund.

With over $6 billion in public fund assets, PSDLAF’s continued focus is to provide an unrivaled experience of investment and client service excellence on a daily basis to every Settlor of The Fund.

PSDLAF is proudly sponsored by the Pennsylvania Association of School Business Officials (PASBO) and the Pennsylvania School Boards Associations (PSBA)


*Currently PSDLAF MAX Series is the only active Multiple Series of The Fund.


Thank You to our Sponsors:

This does not purport to be a complete statement of all material facts relating to securities mentioned. The information contained, while not guaranteed as to accuracy or completeness, has been obtained from sources, which we believe to be reliable. Opinions expressed herein are subject to change without notice. This notice shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which said offer, solicitation or sale would be unlawful prior to registration or qualification under the securities law of any such state. The PSDLAF Liquid and MAX Series seek to maintain a net asset value of $1.00 per share. However, an investment in the Fund is neither insured nor guaranteed by the U.S. government and there is no assurance that the Fund will be able to maintain a stable net asset value of $1.00 per share.