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Agda Pkt 2024.11.25. Joint SA PFA
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Agda Pkt 2024.11.25. Joint SA PFA
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Last modified
12/2/2024 10:59:31 AM
Creation date
12/2/2024 10:57:14 AM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council
Date
11/25/2024
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CITY OF REDWOOD CITY <br />For the Quarter Ended September 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 9/30/24, and earnings are accrual <br />basis earnings for the quarter ended 9/30/24. 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 9/30/24. <br />© PFM Asset Management LLC |pfmam.com <br />Security Type <br />Market Value as of <br />September 30, 2024 <br />% of <br />Portfolio <br />U.S. Treasury $150,072,096 40% <br />Federal Agency/GSE $13,089,514 3% <br />Federal Agency/CMBS $47,383,741 13% <br />Municipal Obligations $1,968,977 1% <br />Corporate Notes $39,711,579 11% <br />Certificates of Deposit $2,053,224 1% <br />Asset-Backed Securities $16,275,290 4% <br />Money Market Fund $1,525,423 0% <br />Securities Total $272,079,844 72% <br />Local Agency Investment Fund (LAIF)$25,714,964 7% <br />General Fund Reserve Account (LAIF)$31,207,555 8% <br />San Mateo County Pool $48,423,955 13% <br />Total Investments $377,426,318 100% <br />Portfolio Earnings Earnings Rate Earnings <br />Individual Securities 3.55%$2,017,131 <br />San Mateo County Pool 3.86%$543,811 <br />Local Agency Investment Fund (LAIF)4.71%$304,952 <br />General Fund Reserve Account (LAIF)4.71%$467,495 <br />Average/Total 3.82%$3,333,389 <br />6.A. - Page 7 of 65 <br />16
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