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Packet 20240318
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Last modified
3/22/2024 4:36:58 PM
Creation date
3/14/2024 2:34:12 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
3/18/2024
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PERM
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Reso 2024-023 Accepting Other Post-Employment Benefits (OPEB) and Pension Trust Investment Report
(Amended)
Path:
\City Clerk\City Council\Resolutions\2024
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City of San Leandro*Account Inception: 7/1/2009, Initial Contribution received June 2009.Aggregate is composed of account 6746019203, PARS/PRHCP MOD CONSERV HM PLUS, from 07/01/2009 until 08/31/2015, then of its own proprietary account 6746050400,PARS/CITY OF SAN LEANDRO, from 09/01/2015 until 6/30/2021, and then invested into a new proprietary account 6746065601, PARS/CITY OF SAN LEANDRO 115P – OPEB, from7/1/2021 and onwards.. Returns are gross of account level investment advisory fees and net of any fees, including fees to manage mutual fund or exchange traded fund holdings. Returnsfor periods over one year are annualized. The information presented has been obtained from sources believed to be accurate and reliable. Past performance is not indicative of futurereturns. Securities are not FDIC insured, have no bank guarantee, and may lose value.2Quarterto Date(3 Months)Yearto Date(1 Year) 3 Years 5 Years 10 YearsInceptionto Date07/01/2009Cash Equivalents 1.334.982.141.771.16 .82Lipper Money Market Funds Index 1.33 5.00 2.15 1.76 1.12 .78 Total Fixed Income 6.92 6.97 -2.36 1.54 1.88 3.00Bloomberg US Aggregate Bd Index 6.82 5.53 -3.31 1.10 1.81 2.64 Total Equities 12.22 22.15 6.03 12.52 8.86 11.56 Large Cap Funds 12.01 28.40 9.12 15.23 11.39 13.45S&P 500 Composite Index 11.69 26.29 10.00 15.69 12.03 14.24 Mid Cap Funds 12.77 17.15 5.96 12.59 8.55Russell Midcap Index 12.82 17.23 5.92 12.68 9.42 13.33 Small Cap Funds 15.14 17.71 3.29 11.39 9.04 13.70Russell 2000 Index 14.03 16.93 2.22 9.97 7.16 11.51 International Equities 9.47 14.21 .75 7.66 4.15 6.05MSCI EAFE Index 10.42 18.24 4.02 8.16 4.28 6.61MSCI EM Free Index 7.86 9.83 -5.08 3.68 2.66 4.55 RR: REITS 18.23 12.24 4.97 7.34Wilshire REIT Index 16.30 16.18 7.52 7.56 7.72 12.09 Total Managed Portfolio 8.19 11.06 .35 4.94 4.08 5.37Selected Period PerformanceCity of San Leandro OPEB PlanPeriod Ending: 12/31/2023
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