November 2025
NPAIT Newsletter
Stocks Climb on Strong Earnings and AI Investments
U.S. equities continued to climb in October. Big tech was mostly higher as the AI growth narrative remains a strong tailwind. AI and chip-related deals and partnerships added to momentum as multiple companies announced partnerships with OpenAI and Nvidia. With 64% of S&P 500 companies reporting third quarter earnings through October 31, the blended earnings growth rate (including reported and forecasted earnings) was 10.7%. Continue Reading…
S&P’s Rating Report
Click below for Standard and Poor’s ratings of NPAIT’s Stable NAV Fund:
STABLE NAV
Nebraska Public Agency Investment Trust (NPAIT) Assigned ‘AAAm’ Principal Stability Fund Rating:
READ THE PRESS RELEASE
August 2025
Press Release
Fitch Assigns NPAIT Term Series II ‘AAAf’ Rating
Fitch Ratings – New York – 22 Aug 2025: Fitch Ratings has assigned a ‘AAAf’ InternationalFund Credit Quality Rating (FCQR) to NPAIT Term Series II. The fund is managed by PMAAsset Management, LLC (PMA) which, along with its affiliate Public Trust Advisors, LLC, iscollectively known as PTMA Investment Advisors (PTMA). Continue reading..
RESOURCES
Bank Credit Analysis
Capping off an already interesting year came the news of potentially the largest bank fraud in the history of Nebraska. All NPAIT Participant deposits are fully secured with no expected losses. The PTMA team is here to answer questions about the safety of your funds, as well as the credit analysis we use as it pertains to working with banking institutions. Check out the video above.
