Annual Report Home

UTIMCO at a Glance

An Enduring Legacy

Fund Management Overview

Endowment Funds

Operating Funds

Funds at a Glance

Letter from the Executive Management

UTIMCO Board of Directors

UT System Board of Regents

UT System Officers

UTIMCO Senior Management

FAQ
LTF
PUF
Feature Stories
Home > Funds > Annual Report > Operating Funds

Operating Funds


Operating funds are used primarily to fund UT System institutions' short-term operating needs as well as long-term institutional needs associated with capital programs, financial reserves, and endowment matching funds. The UT System institutions have two investment fund options, the Short Term Fund (STF) and the Intermediate Term Fund (ITF). The ITF was established February 1, 2006, as a replacement for the Short Intermediate Term Fund and the Institutional Index Funds. The ITF was created to improve the efficiency of operating funds management and to improve investment returns on UT System operating reserves. As of August 31, 2007, operating funds of UT System institutions amounted to $5,125 million.

UTIMCO Team