Program Administrator

Custodian

Depository Bank

Special Counsel

Auditor

PFM Asset Management

U.S. Bank National Association

U.S. Bank National Association

McCall, Parkhurst, and Horton LLP

Ernst & Young LLP

Program Administrator

PFM Asset Management

Custodian

U.S. Bank National Association

Depository Bank

U.S. Bank National Association

Special Counsel

McCall, Parkhurst, and Horton LLP

Auditor

Ernst & Young LLP

Service Providers

Program Administrator 

The Program Administrator oversees the day-to-day administration of NCIP and helps coordinate activities among the Board, participants, and other service providers. They support program operations, communications, and reporting while serving as a resource for participants.

Custodian/Depository 

The Custodian/Depository safeguards NCIP’s assets and supports the settlement, processing, and recordkeeping of portfolio transactions. Working behind the scenes, they help ensure securities and cash are properly held, transferred, and accounted for in accordance with applicable requirements.

Independent Auditor

The Independent Auditor provides an objective review of NCIP's financial statements and related disclosures. Their work helps promote transparency and provides participants with an independent assessment of the Fund’s financial reporting.

Legal Counsel 

Legal Counsel advises NCIP on legal and regulatory matters and helps support compliance with applicable laws and governing documents. They work with the Board and service providers to review policies, contracts, and other matters that may affect the Fund.

Start of disclosure content

This information is for institutional investors, 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 Texas Range Investment Program's (the "Program’s") investment objectives, risks, charges and expenses before investing. This and other information about the Program is available in the Program's Information Statement, which should be read carefully before investing. A copy of the Program's Information Statement may be obtained by calling 1-866-839-8376 or is available on the Program's website at www.texas-range.com. While TexasDAILY and TexasDAILY Select seek to maintain a stable net asset value of $1.00 per share and TexasTERM 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 Program. An investment in the Program is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. Shares of the Program’s portfolio 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 Program. 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.