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Reso 2021-137 Council Investment Report Q2
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Reso 2021-137 Council Investment Report Q2
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12/21/2023 1:45:43 PM
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9/23/2021 1:22:51 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
9/20/2021
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CHANDLER <br />ASSET <br />u MANAGEMENT <br />Portfolio Characteristics <br />6/30/2021 3/31/2021 <br />LAIF - City Pool $74,523,467 $56,468,087 <br />LAIF - Successor Agency 28,204 28,173 <br />Passbook/Checking Accounts 14,153,126 16,035,651 <br />Total LAIF and Bank Accounts $88,704,797 $72,531,910 <br />Investment Portfolio Market Value <br />$111,272,997 <br />$106,206,339 <br />Total Market Value <br />$199,977,794 <br />$178,738,249 <br />LAIF Quarterly Apportionment Rate <br />0.33% <br />0.44% <br />2 year US Treasury Yield to Maturity <br />0.25% <br />0.16% <br />5 year US Treasury Yield to Maturity <br />0.87% <br />0.92% <br />Investment Portfolio: <br />Average Maturity (yrs) <br />1.94 <br />1.87 <br />Modified Duration <br />1.87 <br />1.80 <br />Average Book Yield <br />1.35% <br />1.62% <br />Average Yield to Maturity at Market <br />0.33% <br />0.27% <br />Average Quality S&P/Moody <br />AA/Aa1 <br />AA+/Aa1 <br />Portfolio Activity <br />Several securities were purchased in the Treasury, Corporate and Commercial Paper sectors to take <br />advantage of opportunities in the market and to maintain the portfolio with strategy targets. The <br />purchased securities ranged in maturity from November 2021 to May 2026. The purchases were funded <br />with the proceeds from recent maturities in the portfolio. <br />
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