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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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© PFM Asset Management LLC pfmam.comCITY OF REDWOOD CITYFor the Quarter Ended June 30, 2024Portfolio Summary|Ratings shown are calculated by assigning a numeral value to each security rating, then calculating a weighted average rating for each security type / issuer category using all available security ratings,excluding Not-Rated (NR) ratings. For security type / issuer categories where a rating from the applicable NRSRO is not available, a rating of NR is assigned. Includes accrued interest and excludes balancesinvested in overnight funds.Issuer DiversificationMarket Value (%)S&P / Moody's / FitchSecurity Type / IssuerU.S. Treasury53.4%UNITED STATES TREASURY53.4% AA / Aaa / AAFederal Agency8.7%FANNIE MAE5.9% AA / Aaa / AAFEDERAL HOME LOAN BANKS0.6% AA / Aaa / NRFREDDIE MAC2.2% AA / Aaa / AAAgency CMBS15.5%FANNIE MAE0.8% AA / Aaa / AAFREDDIE MAC14.7% AA / Aaa / AASupranational0.9%INTER-AMERICAN DEVELOPMENT BANK0.9% AAA / Aaa / AAAMunicipal0.9%FLORIDA STATE BOARD OF ADMIN FIN CORP0.4% AA / Aa / AANEW JERSEY TURNPIKE AUTHORITY0.1% AA / A / ASTATE OF MARYLAND0.2% AAA / Aaa / AAAUNIVERSITY OF CALIFORNIA0.2% AA / Aa / AANegotiable CD0.8%RABOBANK NEDERLAND0.8% A / Aa / AACorporate13.5%ADOBE INC0.7% A / A / NRAMAZON.COM INC1.0% AA / A / AABANK OF AMERICA CO0.9% A / Aa / AABLACKROCK INC0.1% AA / Aa / NRBRISTOL-MYERS SQUIBB CO0.2%A / A / NRCITIGROUP INC1.2%A / Aa / ADEERE & COMPANY0.7%A / A / AMarket Value (%)S&P / Moody's / FitchSecurity Type / IssuerCorporate13.5%GOLDMAN SACHS GROUP INC0.4%BBB / A / AHERSHEY COMPANY0.5%A / A / NRHOME DEPOT INC0.4%A / A / AINTEL CORPORATION0.4%A / A / BBBJP MORGAN CHASE & CO1.4%A / Aa / AAMASTERCARD INC0.7%A / Aa / NRMICROSOFT CORP0.5%AAA / Aaa / NRMORGAN STANLEY1.2%A / A / APACCAR FINANCIAL CORP0.5%A / A / NRTARGET CORP0.4%A / A / ATHE BANK OF NEW YORK MELLONCORPORATION0.8%A / A / AATOYOTA MOTOR CORP0.5%A / A / AWELLS FARGO & COMPANY1.2%A / Aa / AAABS6.3%AMERICAN EXPRESS CO0.6% AAA / NR / AAABANK OF AMERICA CO1.3%NR / Aaa / AAACARMAX AUTO OWNER TRUST0.0% AAA / NR / AAACHASE ISSURANCE1.4% AAA / NR / AAACITIGROUP INC0.2% AAA / Aaa / AAADISCOVER FINANCIAL SERVICES0.2%AAA / Aaa / NRFIFTH THIRD AUTO TRUST0.5%AAA / Aaa / NRGM FINANCIAL CONSUMER AUTOMOBILETRUST0.1%NR / Aaa / AAAHONDA AUTO RECEIVABLES0.5% AAA / NR / AAAHYUNDAI AUTO RECEIVABLES0.3% AAA / NR / AAAKUBOTA CREDIT OWNER TRUST0.2%NR / Aaa / AAA6.B. - Page 11 of 6525
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