Reporting and Data

Historic Portfolio Yields

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Daily & Historic Yield Data 1

Current Yields and Dividend Factor - As of October 21, 2026

Current 7-Day Yield

3.9510%

Current 1-Day Yield

3.9541%

Current 30-Day Yield

3.9431%

Prior Month Distribution Yield

3.8254%

Current Daily Dividend Factor

0.000108332

Date

7-Day Yield

Effective 7-Day Yield

1-Day Yield

30-Day Yield

Effective 30-Day Yield

Dividend Factor

10/20/2026

3.9507%

4.0282%

3.9575%

3.9416%

4.0136%

0.000108424

10/19/2026

3.9497%

4.0271%

3.9521%

3.9388%

4.0108%

0.000108276

10/16/2026

3.9484%

4.0258%

3.9468%

3.9362%

4.0081%

0.000108133

10/15/2026

3.9469%

4.0243%

3.9532%

3.9236%

3.9951%

0.000108306

10/14/2026

3.9457%

4.0230%

3.9515%

3.9171%

3.9883%

0.000108262

10/13/2026

3.9454%

4.0227%

3.9504%

3.9103%

3.9812%

0.000108229

10/09/2026

3.9455%

4.0228%

3.9435%

3.8969%

3.9674%

0.000108041

Date

10/20/2026

7-Day Yield

3.9507%

Effective 7-Day Yield

4.0282%

1-Day Yield

3.9575%

30-Day Yield

3.9416%

Effective 30-Day Yield

4.0136%

Dividend Factor

0.000108424

Date

10/19/2026

7-Day Yield

3.9497%

Effective 7-Day Yield

4.0271%

1-Day Yield

3.9521%

30-Day Yield

3.9388%

Effective 30-Day Yield

4.0108%

Dividend Factor

0.000108276

Date

10/16/2026

7-Day Yield

3.9484%

Effective 7-Day Yield

4.0258%

1-Day Yield

3.9468%

30-Day Yield

3.9362%

Effective 30-Day Yield

4.0081%

Dividend Factor

0.000108133

Date

10/15/2026

7-Day Yield

3.9469%

Effective 7-Day Yield

4.0243%

1-Day Yield

3.9532%

30-Day Yield

3.9236%

Effective 30-Day Yield

3.9951%

Dividend Factor

0.000108306

Date

10/14/2026

7-Day Yield

3.9457%

Effective 7-Day Yield

4.0230%

1-Day Yield

3.9515%

30-Day Yield

3.9171%

Effective 30-Day Yield

3.9883%

Dividend Factor

0.000108262

Date

10/13/2026

7-Day Yield

3.9454%

Effective 7-Day Yield

4.0227%

1-Day Yield

3.9504%

30-Day Yield

3.9103%

Effective 30-Day Yield

3.9812%

Dividend Factor

0.000108229

Date

10/09/2026

7-Day Yield

3.9455%

Effective 7-Day Yield

4.0228%

1-Day Yield

3.9435%

30-Day Yield

3.8969%

Effective 30-Day Yield

3.9674%

Dividend Factor

0.000108041

Daily & Historic Fund Characteristics 2

Portfolio Characteristics - As Of October 21, 2026

Transaction NAV

$1.00

NAV Daily

$0.999751

Current WAM

41

Current WAL

77

Current Daily Liquid Assets

32.9%

Current Weekly Liquid Assets

37.6%

Prior Month Expense Ratio

0.14%

Prior Month End Portfolio Net Assets

$1,458,138,644

Date

Transaction NAV

NAV Daily

WAM

WAL

Daily Liquid Assets

Weekly Liquid Assets

10/20/2026

$1.00

$0.999747

41

78

24.7%

37.1%

10/19/2026

$1.00

$0.999759

41

77

28.1%

38.1%

10/16/2026

$1.00

$0.999657

43

78

25.0%

39.8%

10/15/2026

$1.00

$0.999729

42

79

25.0%

38.7%

10/14/2026

$1.00

$0.999729

42

79

32.1%

38.9%

10/13/2026

$1.00

$0.999763

43

79

26.3%

39.0%

10/09/2026

$1.00

$0.999644

45

81

30.2%

39.3%

Date

10/20/2026

Transaction NAV

$1.00

NAV Daily

$0.999747

WAM

41

WAL

78

Daily Liquid Assets

24.7%

Weekly Liquid Assets

37.1%

Date

10/19/2026

Transaction NAV

$1.00

NAV Daily

$0.999759

WAM

41

WAL

77

Daily Liquid Assets

28.1%

Weekly Liquid Assets

38.1%

Date

10/16/2026

Transaction NAV

$1.00

NAV Daily

$0.999657

WAM

43

WAL

78

Daily Liquid Assets

25.0%

Weekly Liquid Assets

39.8%

Date

10/15/2026

Transaction NAV

$1.00

NAV Daily

$0.999729

WAM

42

WAL

79

Daily Liquid Assets

25.0%

Weekly Liquid Assets

38.7%

Date

10/14/2026

Transaction NAV

$1.00

NAV Daily

$0.999729

WAM

42

WAL

79

Daily Liquid Assets

32.1%

Weekly Liquid Assets

38.9%

Date

10/13/2026

Transaction NAV

$1.00

NAV Daily

$0.999763

WAM

43

WAL

79

Daily Liquid Assets

26.3%

Weekly Liquid Assets

39.0%

Date

10/09/2026

Transaction NAV

$1.00

NAV Daily

$0.999644

WAM

45

WAL

81

Daily Liquid Assets

30.2%

Weekly Liquid Assets

39.3%

Start of disclosure content
  1. The Current 7-Day and 1-Day yields for NCIP are as of the date indicated. The current 7- Day yield, also referred to as the current annualized yield, represents the net change, exclusive of capital changes and income other than investment income, in the value of a hypothetical account with a balance of one share (normally $1.00 per share) over a seven-day base period expressed as a percentage of the value of one share at the beginning of the seven-day period. This resulting net change in account value is then annualized by multiplying it by 365 and dividing the result by 7. Past performance does not guarantee future results. The yields shown above may reflect fee waivers by NCIP's (the Fund) current or prior service providers. When such waivers occur, they reduce the total operating expenses of the Fund, and the Fund’s yields, would have been lower if there were no such waivers. Refer to the Fund’s Information Statement for further information on the expenses of the Fund and fees of its service providers. 

  2. The “NAV Daily” of the Pool may, from time to time, be quoted in reports, literature and advertisements published by the Trust . Weighted Average Maturity (WAM) -- average time to maturity of all the securities held in the fund, weighted by each security's percentage of total investments. WAM measures a fund's sensitivity to interest rate changes.

    Weighted Average Life (WAL): The average time to final legal maturity of all the securities held in the fund, weighted by each security's percentage of total investments. WAL measures a fund's sensitivity to potential credit spread changes. The WAL is the same for each class

    Current Daily Liquid Assets: The percentage of the portfolio that is comprised of cash, direct obligations of the U.S. Government, securities that will mature (or are subject to a demand feature that is exercisable and payable) within one business day, and/or amounts receivable and due unconditionally within one business day on pending sales of portfolio securities.

    Current Weekly Liquid Assets: The percentage of the portfolio that is comprised of cash, direct obligations of the U.S. Government, Government securities that are issued by a person controlled or supervised by and acting as an instrumentality of the government of the United States pursuant to authority granted by the Congress of the United States that are issued at adiscount to the principal amount to be repaid at maturity without provision for the payment of interest and have a remaining maturity date of 60 days or less, securities that will mature (or are subject to a demand feature that is exercisable and payable) within five business days and/or amounts receivable and due unconditionally within five business days on pending sales of portfolio securities.

Start of disclosure content

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. Participants should consider the North Carolina Investment Pool’s (“NCIP” or the “Pool”) investment objectives, risks, charges, and expenses before investing in the Pool. This and other information about the Pool is available in the Pool's current Information Statement, which should be read carefully before investing. A copy of the Pool's Information Statement may be available by calling 1-833-736-NCIP (1-833-736-6247) or is available on the Pool's website at www.investncip.com. While the NCIP Liquid Portfolio seeks to maintain a stable net asset value of $1.00 per share, and the NCIP 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 Pool. An investment in the Pool is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Shares of the Pool are distributed by U.S. Bancorp Investments, Inc., member FINRA (www.finra.org). PFM Asset Management is a division of U.S. Bancorp Asset Management, Inc., which serves as administrator and investment adviser to the Pool. U.S. Bancorp Asset Management, Inc. is a direct subsidiary of U.S. Bank N.A. and an indirect subsidiary of U.S. Bancorp. U.S. Bancorp Investments, Inc. is a subsidiary of U.S. Bancorp and affiliate of U.S. Bank N.A.