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Agda Pkt 2024.08.26 Regular Meeting
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Agda Pkt 2024.08.26 Regular Meeting
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Last modified
8/27/2024 10:48:21 AM
Creation date
8/27/2024 10:41:05 AM
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CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Regular
Agency Type
City Council
Date
8/26/2024
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REDWOOD CITY <br />For the Quarter Ended June 30, 2024 <br />Account Summary <br />Account Summary <br />Note: Individual security values are market values excluding accrued interest. County Pool and LAIF values are at cost. Individual Securities’ earnings rate is yield at cost on 6/30/24, and earnings are accrual <br />basis earnings for the quarter ended 6/30/24. San Mateo County Pool and LAIF balances and earnings are provided by the City. LAIF earnings rate is the quarterly apportionment rate as stated on the LAIF <br />website. County Pool earnings rate is the Pool net earnings rate as provided by County’s website. Average/Total earnings rate is the weighted earnings rate based on account balance as of 6/30/24. <br />© PFM Asset Management LLC |pfmam.com <br />Security Type <br />Market Value as of <br />June 30, 2024 <br />% of <br />Portfolio <br />U.S. Treasury $140,308,866 34% <br />Federal Agency/GSE $23,028,905 6% <br />Federal Agency/CMBS $40,825,768 10% <br />Supra-National Agency $2,333,382 1% <br />Municipal Obligations $2,368,214 1% <br />Corporate Notes $35,357,622 7% <br />Certificates of Deposit $1,992,568 <1% <br />Asset-Backed Securities $16,649,848 4% <br />Money Market Fund $285,471 <1% <br />Securities Total $263,150,644 62% <br />Local Agency Investment Fund (LAIF)$71,600,825 17% <br />General Fund Reserve Account (LAIF)$25,428,060 6% <br />San Mateo County Pool $58,666,991 14% <br />Total Investments $418,846,519 100% <br />Portfolio Earnings Earnings Rate Earnings <br />Individual Securities 3.33%$2,159,957 <br />San Mateo County Pool 3.72%$662,833 <br />Local Agency Investment Fund (LAIF)4.55%$606,730 <br />General Fund Reserve Account (LAIF)4.55%$286,904 <br />Average/Total 3.64%$3,716,424 <br />6.B. - Page 7 of 65 <br />21
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