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File Number: 23-345 <br />Chandler Asset Management manages the balance of the portfolio having a market value of <br />$153,376,000, 67% of the total portfolio. These investments range from one to almost five years <br />to maturity, with the average maturity at 1.99 years (a longer duration than on December 31, <br />2022). <br />The report notes that the City follows all provisions of the City’s Investment Policy and can meet its <br />cash obligations during the next six months. Chandler’s strategy is gradually lengthening the <br />average maturity of the portfolio. <br />REVIEW BY FINANCE COMMITTEE <br />The 2022-2023 third quarter City of San Leandro investment report update was reviewed by the <br />City Council Finance Committee on June 28, 2023. The Finance Committee unanimously <br />recommended the report be moved to the City Council for acceptance. <br />ATTACHMENTS <br />Attachment A - Resolution Accepting Investment Report for the Period Ending March 31, <br />2023. <br />Attachment B - Investment Report, prepared by Chandler Asset Management <br />PREPARED BY <br />T. Michael Yuen, Finance Director <br />Page 2 City of San Leandro Printed on 7/12/2023