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Illinois State Treasurer Seal and text Michael W Frerichs
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        • Raising The Bar
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      • Equity, Diversity & Inclusion
        • Equity, Diversity & Inclusion Homepage
        • Midwest Investors Diversity Initiative
        • Russell 3000 Board Diversity Disclosure Initiative
    • Doing Business with the Treasurer
      • Procurement
      • Procurement Opportunities
      • Prioritizing Illinois Firms
    • Historical Timeline
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    • Contact the Treasurer’s Office
  • INDIVIDUALS
    • Mortgage Loan Guarantee | Finally Home
    • Financial Education  
      • Financial Literacy Resources Homepage
        • Financial Literacy Month
      • Money Minded Illinois Homepage
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  • COMMUNITY
    • ICash Unclaimed Property
      • Frequently Asked Questions | Money Match
    • Charitable Trust Stabilization Fund Grants
      • Charitable Trust Home
        • Apply
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        • Frequently Asked Questions
        • Overview
      • Board Meeting Materials
      • Notice of Grant Awards
      • Contact Us
    • Community Invest
    • Cream of the Crop
      • Cream of the Crop Photo Contest | Ag Invest
      • Cream of the Crop Winners
    • Mortgage Loan Guarantee | Finally Home
    • Operation Purple Heart
  • BUSINESSES
    • Unclaimed Property Finder Applications
    • Banking
      • Access to Capital
      • Advancing Equity in Banking Commission
      • Banking Service Providers
      • Financial Services and Products Sought from Illinois Firms
      • Cannabis Banking
    • Doing Business with the Treasurer
    • Insurance Companies
      • Reporting Unclaimed Property Guidelines
    • Investments
      • Broker/Dealers & Counterparties
      • Infrastructure & Real Estate
      • Illinois Growth and Innovation Fund
      • Investment Managers
      • Student Empowerment Fund
      • Sustainability Research
        • Raising The Bar
        • Sustainable Investing Act     
    • Overview | Invest in Illinois
      • Invest in Illinois Homepage
      • Overview | Ag Invest
        • Ag Invest Homepage
        • Cream of the Crop Photo Contest | Ag Invest
        • Cream of the Crop Winners
      • Overview | Business Invest
        • Business Invest – SCALE UP
        • Business Invest CUP
      • Community Invest
        • Opportunity Illinois | Community Invest
        • Cannabis Banking Services | Community Invest
      • Business Loan Guarantee Program
      • Mortgage Loan Guarantee | Finally Home
    • Secure Choice
      • Secure Choice Homepage
      • Program Documents | Secure Choice
      • Performance Dashboards | Secure Choice
      • Board Meetings | Secure Choice
      • Resources | Secure Choice
      • Secure Choice Digital Toolkit
    • Unclaimed Property
      • Unclaimed Property Self-Audit
  • GOVERNMENT
    • ePAY
    • Fees and Fines Remittance Forms
    • Unclaimed Property
      • Local Governments Entity Match | iCash
    • The Illinois Funds
      • The Illinois Funds Overview
      • Illinois Funds Daily Rates
      • Frequently Asked Questions | Illinois Funds
  • FINANCIAL INSTITUTIONS
    • Banking
      • Access to Capital
      • Advancing Equity in Banking Commission
      • Banking Service Providers
      • Community Development Linked Deposits
      • Daily Rates | Access to Capital and Invest in Illinois
      • Investment and Financial Policies
      • Federal Workers Emergency Loans
    • Prioritizing Illinois Firms
    • Investments
      • Monthly Investments
      • State Investments
      • The Vault State Financial and Investment Data
      • Broker/Dealers & Counterparties
      • Illinois Growth and Innovation Fund
      • Investment Managers
      • Student Empowerment Fund
      • Sustainable Investing
        • Raising The Bar
        • Sustainability Research
    • Overview | Invest in Illinois
      • Business Loan Guarantee Program
      • Invest in Illinois Homepage
        • Daily Rates | Access to Capital and Invest in Illinois
        • Local Government Investment Pool
        • Overview | Ag Invest
        • Overview | Business Invest
          • Business Invest – SCALE UP
          • Business Invest CUP
      • Community Invest
        • Cannabis Banking
        • Cannabis Banking Services | Community Invest
        • Community Development Linked Deposits
Michael Frerichs Illinois State Treasurer
ICash
  • Home
    • News
  • ABOUT
    • Treasurer Frerichs
    • Treasurer’s Note Newsletter
    • Investment and Financial Policies
    • Media Center
    • Mission
    • The Vault State Financial and Investment Data
    • Heritage Month Celebrations
      • Award Celebrations
    • Banking
      • Access to Capital
      • Advancing Equity in Banking Commission
      • Banking Service Providers
      • Community Development Linked Deposits
    • Investments
      • Broker/Dealers & Counterparties
        • Become An Approved Broker or Dealer
        • Approved Debt Securities Issuers
        • Approved Brokers and Dealers
      • Illinois Growth and Innovation Fund
      • Investment Managers
      • Locally Held Funds
      • Student Empowerment Fund
      • Sustainable Investing
        • Raising The Bar
        • Sustainable Investing Act     
      • Equity, Diversity & Inclusion
        • Equity, Diversity & Inclusion Homepage
        • Midwest Investors Diversity Initiative
        • Russell 3000 Board Diversity Disclosure Initiative
    • Doing Business with the Treasurer
      • Procurement
      • Procurement Opportunities
      • Prioritizing Illinois Firms
    • Historical Timeline
    • Invest in Illinois
    • Warrants and Forgeries
    • Employment Opportunities
    • Contact the Treasurer’s Office
  • INDIVIDUALS
    • Mortgage Loan Guarantee | Finally Home
    • Financial Education  
      • Financial Literacy Resources Homepage
        • Financial Literacy Month
      • Money Minded Illinois Homepage
        • Elementary School Curriculum Resources
          • First Grade
          • Second Grade
          • Third Grade
          • Fourth Grade
          • Fifth Grade
        • Middle School Resources
        • High School Resources
        • Professional Development for Teachers
      • Financial Wellness Hub
        • Financial Wellness Hub Homepage
        • Webinars
        • Partners
        • Sponsors
    • Saving for People with Disabilities
      • ABLE
    • Saving and Paying for College or Trade School
      • Saving and Paying for Education
      • Student Empowerment Fund
      • College Savings
      • Fallen Heroes
      • College Savings Bond Payments
      • College Savings Legal Notice
    • Saving for Retirement
      • Secure Choice
        • Program Documents
        • Performance Dashboards
        • Board Meetings
        • Resources
        • Digital Toolkit
    • Estate Tax
  • COMMUNITY
    • ICash Unclaimed Property
      • Frequently Asked Questions | Money Match
    • Charitable Trust Stabilization Fund Grants
      • Charitable Trust Home
        • Apply
        • Eligibility
        • Frequently Asked Questions
        • Overview
      • Board Meeting Materials
      • Notice of Grant Awards
      • Contact Us
    • Community Invest
    • Cream of the Crop
      • Cream of the Crop Photo Contest | Ag Invest
      • Cream of the Crop Winners
    • Mortgage Loan Guarantee | Finally Home
    • Operation Purple Heart
  • BUSINESSES
    • Unclaimed Property Finder Applications
    • Banking
      • Access to Capital
      • Advancing Equity in Banking Commission
      • Banking Service Providers
      • Financial Services and Products Sought from Illinois Firms
      • Cannabis Banking
    • Doing Business with the Treasurer
    • Insurance Companies
      • Reporting Unclaimed Property Guidelines
    • Investments
      • Broker/Dealers & Counterparties
      • Infrastructure & Real Estate
      • Illinois Growth and Innovation Fund
      • Investment Managers
      • Student Empowerment Fund
      • Sustainability Research
        • Raising The Bar
        • Sustainable Investing Act     
    • Overview | Invest in Illinois
      • Invest in Illinois Homepage
      • Overview | Ag Invest
        • Ag Invest Homepage
        • Cream of the Crop Photo Contest | Ag Invest
        • Cream of the Crop Winners
      • Overview | Business Invest
        • Business Invest – SCALE UP
        • Business Invest CUP
      • Community Invest
        • Opportunity Illinois | Community Invest
        • Cannabis Banking Services | Community Invest
      • Business Loan Guarantee Program
      • Mortgage Loan Guarantee | Finally Home
    • Secure Choice
      • Secure Choice Homepage
      • Program Documents | Secure Choice
      • Performance Dashboards | Secure Choice
      • Board Meetings | Secure Choice
      • Resources | Secure Choice
      • Secure Choice Digital Toolkit
    • Unclaimed Property
      • Unclaimed Property Self-Audit
  • GOVERNMENT
    • ePAY
    • Fees and Fines Remittance Forms
    • Unclaimed Property
      • Local Governments Entity Match | iCash
    • The Illinois Funds
      • The Illinois Funds Overview
      • Illinois Funds Daily Rates
      • Frequently Asked Questions | Illinois Funds
  • FINANCIAL INSTITUTIONS
    • Banking
      • Access to Capital
      • Advancing Equity in Banking Commission
      • Banking Service Providers
      • Community Development Linked Deposits
      • Daily Rates | Access to Capital and Invest in Illinois
      • Investment and Financial Policies
      • Federal Workers Emergency Loans
    • Prioritizing Illinois Firms
    • Investments
      • Monthly Investments
      • State Investments
      • The Vault State Financial and Investment Data
      • Broker/Dealers & Counterparties
      • Illinois Growth and Innovation Fund
      • Investment Managers
      • Student Empowerment Fund
      • Sustainable Investing
        • Raising The Bar
        • Sustainability Research
    • Overview | Invest in Illinois
      • Business Loan Guarantee Program
      • Invest in Illinois Homepage
        • Daily Rates | Access to Capital and Invest in Illinois
        • Local Government Investment Pool
        • Overview | Ag Invest
        • Overview | Business Invest
          • Business Invest – SCALE UP
          • Business Invest CUP
      • Community Invest
        • Cannabis Banking
        • Cannabis Banking Services | Community Invest
        • Community Development Linked Deposits
Michael Frerichs Illinois State Treasurer

The Illinois Funds Customer Communications

Quarterly Performance Updates

2025
  • 2025 – 1Q Illinois Funds Quarterly Update
  • 2025 — 2Q Illinois Funds Quarterly Update
  • 2025 — 3Q Illinois Funds Quarterly Update
  • 2025 — 4Q Illinois Funds Quarterly Update
2024
  • 2024-1Q Illinois Funds Quarterly Update
  • 2024-2Q Illinois Funds Quarterly Statement
  • 2024-3Q Illinois Funds Quarterly Update
  • 2024-4Q Illinois Funds Quarterly Summary
2023
  • 2023-1Q Illinois Funds Quarterly Update
  • 2023-2Q Illinois Funds Quarterly Update
  • 2023-3Q Illinois Funds Quarterly Update
  • 2023-4Q Illinois Funds Quarterly Update
2022
  • 2022 First Quarter
  • 2022 Second Quarter
  • 2022 Third Quarter
  • 2022-4Q Illinois Funds Quarterly Update
2021
  • 2021 Second Quarter
  • 2021 First Quarter
  • 2021 Third Quarter
  • 2021 Fourth Quarter
2020
  • 2020 Third Quarter
  • 2020 Second Quarter
  • 2020 First Quarter
  • 2020 Fourth Quarter
2019
  • 2019 First Quarter
  • 2019 Second Quarter
  • 2019 Third Quarter
  • 2019 Fourth Quarter
2016
  • Third Quarter Update
  • Fourth Quarter Update

Policy Statements

Communications

Transition to Fitch’s Ratings
Fitch Transition FAQs
DocuSign Enrollment Letter to Participants

Press Releases

2017-03-16 The Illinois Funds Receives Top Credit Rating
2021-08-09 Fitch Gives Top AAA Rating to Illinois Funds
2025-01-17 Fitch Affirms Top AAA Rating For Illinois Funds

Investment Policies

2019
2020
2021
2023
2024
2025

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