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2 <br />Portfolio Activity <br />There was $21.2 million invested in a diversified mix of Treasury,agency,commercial paper,Supranational,ABS and <br />corporate securities over the course of the quarter,with the goal of maintaining the maturity and duration profile of <br />the City’s investment portfolio consistent with internal targets.A $15.0 million contribution assisted in the purchasing <br />activities as well as five maturities.The maturities of the purchases ranged from February 2019 to June 2023. <br />12/31/2018 9/30/2018 <br />LAIF - City Pool #98-01-809 $62,457,341 $44,694,166 <br />LAIF - Successor Agency 26,990 26,844 <br />LAIF - RDA 1999 Bond Proceeds #11-01-001 0 0 <br />LAIF - RDA 2008 Bond Proceeds #11-01-038 0 0 <br />LAIF - Economic Development Agency 2 2 <br />Passbook/Checking Accounts 5,416,837 3,927,847 <br />Total LAIF and Bank Accounts $67,901,170 $48,648,859 <br />Investment Portfolio Market Value $81,215,314 $65,451,694 <br />Total Market Value $149,116,484 $114,100,553 <br />LAIF Quarterly Apportionment Rate 2.40%2.16% <br />2 year US Treasury Yield to Maturity 2.48%2.81% <br />5 year US Treasury Yield to Maturity 2.51%2.94% <br />Investment Portfolio: <br /> Average Maturity (yrs)1.87 1.88 <br /> Modified Duration 1.70 1.68 <br /> Average Book Yield 2.29%2.06% <br /> Average Yield to Maturity at Market 2.70%2.80% <br /> Average Quality S&P/Moody AA+/Aa1 AA+/Aa1 <br />Portfolio Characteristics