Standard & Poor’s assigned a AAA rating to Miami-Dade County’s investment portfolio, a county finance official reported last week. The portfolio also received an S1 volatility rating for its low sensitivity to changing market conditions. The portfolio’s assets totaled about $4.5 billion as of Sept. 30.

The ratings “should provide a level of comfort to the public that we are managing assets in a conservative manner to ensure the safety of our funds,” said Miaimi-Dade finance director Carter Hammer.

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