MNTrust/PMA Achieves Significant Milestone – Reaching $4B in Fund Assets
MNTrust (the “Fund”), along with PMA, a premier full-service provider of financial and advisory services to local governments, achieved a significant milestone by reaching $4 billion in assets in MNTrust and its Fixed Income Investment Program as of June 5, 2024.
PMA Financial Network, LLC Welcomes Nate Waldron as Associate Vice President, Relationship Manager
PMA, a premier full-service provider of financial and advisory services to local governments, is pleased to announce that Nathanial Waldron has joined the Pennsylvania School District Liquid Asset Fund (PSDLAF) team as Associate Vice President, Relationship Manager.
FEATURED MARKET DATA
Corporate Earnings Support Markets
With the first quarter corporate earnings season complete, S&P 500 companies reported a blended growth rate of 5.9%. The level was well ahead of market expectations and the strongest since the first quarter of 2022. The breadth of earnings beats was also strong, with the percentage of companies exceeding earnings growth expectations above average.