Authority_October_2020

1000 North Front Street, Suite 401 Wormleysburg, PA 17043 The Pennsylvania Municipal Authorities Association is dedicated to environmentally responsible operations. We are proud to print this publication on an environmentally responsible paper. The architects of PLGIT’s success are the members themselves. Through dedicated, careful investment, these members have steadily built a competitive yield strategy from the ground up, creating a landscape of financial success stories throughout the state. Pennsylvania’s local governments, authorities, and school districts choose PLGIT as the tool for their financial growth, and they are the same ones who map out PLGIT’s investment philosophy. They oversee operations. Over the years, they have maintained a trust with $6.4 billion in assets and built a reputation for outstanding service. Solidify your financial foundation in strength; choose PLGIT. Contact us today for a no obligation analysis of your cash management and investment program. Competitive yields… built on a solid foundation. This information is for institutional investor use only, not for further distribution to retail investors, and does not represent an offer to sell or a solicitation of an offer to buy or sell any fund or other security. Investors should consider the investment objectives, risks, charges and expenses before investing in any of the Trust’s portfolios. This and other information about the Trust’s portfolios is available in the current Information Statement, which should be read carefully before investing. A copy of the Information Statement may be obtained by calling 1-800-572-1472 or is available on the Trust’s website at www.plgit.com . While the PLGIT, PLGIT/ARM and PLGIT/PRIME portfolios seek to maintain a stable net asset value of $1.00 per share and the PLGIT/TERM portfolio seeks to achieve a net asset value of $1.00 per share at its stated maturity, it is possible to lose money investing in the Trust. An investment in the Trust is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Shares of the Trust’s portfolios are distributed by PFM Fund Distributors, Inc. , member Financial Industry Regulatory Authority (FINRA) (www.finra.org ) and Securities Investor Protection Corporation (SIPC) (www.sipc.org) . PFM Fund Distributors, Inc. is a wholly owned subsidiary of PFM Asset Management LLC. SM PLGIT, PLGIT-Class Shares, PLGIT/PLUS-Class Shares, PLGIT/I-Class Shares, PLGIT/TERM, PLGIT-CD, PLGIT/ARM, PLGIT/PRIME, PLGIT/SAM, and PLGIT-CAP are service marks of the Pennsylvania Local Government Investment Trust. All facts and figures are as of December 31, 2019. 1.800.572.1472 • www.PLGIT.com • Existing Solely for Your Success PRESORTED STD U.S. POSTAGE PAID HARRISBURG PA PERMIT NO. 411