Laserfiche WebLink
2 <br />Portfolio Activity <br />There was $26.15 million invested in a diversified mix of Treasury,agency,commercial paper,ABS and corporate <br />securities over the course of the quarter,with the goal of maintaining the maturity and duration profile of the City’s <br />investment portfolio consistent with internal targets.Two contributions totaling $11 million assisted in the purchasing <br />activities as well as thirteen maturities.The maturities of the purchases ranged from March 2019 to January 2024. <br />3/31/2019 12/31/2018 <br />LAIF - City Pool #98-01-809 $63,233,824 $62,457,343 <br />LAIF - Successor Agency 27,153 26,990 <br />Passbook/Checking Accounts 4,931,518 5,416,837 <br />Total LAIF and Bank Accounts $68,192,495 $67,901,170 <br />Investment Portfolio Market Value $93,341,584 $81,215,314 <br />Total Market Value $161,534,079 $149,116,484 <br />LAIF Quarterly Apportionment Rate 2.55%2.40% <br />2 year US Treasury Yield to Maturity 2.27%2.48% <br />5 year US Treasury Yield to Maturity 2.23%2.51% <br />Investment Portfolio: <br /> Average Maturity (yrs)1.91 1.87 <br /> Modified Duration 1.71 1.70 <br /> Average Book Yield 2.41%2.29% <br /> Average Yield to Maturity at Market 2.45%2.70% <br /> Average Quality S&P/Moody AA+/Aa1 AA+/Aa1 <br />Portfolio Characteristics