Illinois State Treasurer Michael Frerichs has earned more than $2 billion in investment earnings for the state portfolio since taking office.  The total also includes $113 million in May investment earnings for the state portfolio. Treasurer Frerichs says that the office earned an additional $81.4 million in gross investment earnings in May and the investment has surged past the $1 billion mark in gross investment earnings for Illinois Funds since he took office.

You can see how the key monthly metrics and more are put together by visiting the Vault, a transparent website that allows Illinois residents a chance to see how the State Treasurer’s Office works by visiting iltreasurervault.com.  

The Treasurer’s Office has earned more than $2.06 billion in investment earnings since Treasurer Frerichs took office in 2015 including $113 million in earnings for the state investment portfolio in May.  The previous record had been earned the prior month with $100.7 million.  

The Treasurer’s Office made nearly $81.4 million in gross investment earnings for participants in the Illinois Funds investment pool in May and more than $1.04 billion since taking office.  The interest rate for the Illinois Funds was a record 5.17% for May.  Find out more by visiting https://www.illinoistreasurer.gov/.