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Reso 2020-164 Accept Council Investment Report
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Reso 2020-164 Accept Council Investment Report
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11/22/2024 12:10:20 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
12/14/2020
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CHANDLER <br />ASSET <br />u MANAGEMENT <br />Portfolio Characteristics <br />9/30/2020 <br />6/30/2020 <br />LAIF - City Pool #98-01-809 <br />$47,990,860 <br />$62,131,300 <br />LAIF - Successor Agency <br />28,069 <br />27,967 <br />Passbook/Checking Accounts <br />6,648,376 <br />15,803,375 <br />Total LAIF and Bank Accounts <br />$54,667,305 <br />$77,962,641 <br />Investment Portfolio Market Value <br />$108,737,794 <br />$112,224,262 <br />Total Market Value <br />$163,405,099 <br />$190,186,903 <br />LAIF Quarterly Apportionment Rate <br />0.84% <br />1.47% <br />2 year US Treasury Yield to Maturity <br />0.13% <br />0.16% <br />5 year US Treasury Yield to Maturity <br />0.28% <br />0.29% <br />Investment Portfolio: <br />Average Maturity (yrs) <br />1.93 <br />1.91 <br />Modified Duration <br />1.85 <br />1.80 <br />Average Book Yield <br />1.89% <br />2.03% <br />Average Yield to Maturity at Market <br />0.2S% <br />0.31% <br />Average Quality S&P/Moody <br />AA/Aa1 <br />AA/Aa1 <br />Portfolio Activity <br />Several securities were purchased in the Treasury, Agency, and Commercial Paper sectors of the allocation <br />to keep the portfolio structure consistent with Chandler targets. The purchased securities ranged in <br />maturity from December 2020 to September 2025. Multiple securities matured during the quarter to <br />provide the proceeds for the new holdings in the portfolio. Additionally, $3.7 million was withdrawn from <br />the account in August 2020. <br />
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