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Reso 2026-064 2026 Q1 Investment Report
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Reso 2026-064 2026 Q1 Investment Report
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CM City Clerk-City Council - Document Type
Resolution
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6/1/2026
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PFM Asset Management | pfmam.comCity of San LeandroFor the Quarter Ended March 31, 2026Portfolio SnapshotYield and duration calculations exclude cash and cash equivalents. Sector allocation includes market values and accrued interest.The portfolio’s benchmark is the ICE BofA 0-5 Year U.S. Treasury Index. Source: Bloomberg Financial LP.An average of each security’s credit rating was assigned a numeric value and adjusted for its relative weighting in the portfolio.1.Portfolio Snapshot - CITY OF SAN LEANDRO INVESTMENT FUNDS¹Credit Quality - S&P24%22%31%16%7%26%27%22%16%8%0%5%10%15%20%25%30%35%0-1 Yr 1-2 Yrs 2-3 Yrs 3-4 Yrs 4-5 YrsPortfolioBenchmarkDuration DistributionU.S. Treasury | 32%Corporate | 28%Agency CMBS | 13%ABS | 12%Federal Agency | 6%Commercial Paper | 4%Negotiable CD | 3%Supranational | 2%Sector AllocationAAA | 10%AA+ | 55%AA | 2%AA- | 2%A-1+ | 1%A+ | 7%A | 6%A- | 5%A-1 | 5%BBB+ | 1%A-2 | 1%Not Rated | 3%Portfolio StatisticsPortfolio Effective Duration2.10 yearsBenchmark Effective Duration2.02 yearsPortfolio Credit QualityAAYield At Market4.07%Yield At Cost4.08%Total Market Value$163,967,194.15$162,787,918.00Securities Sub-Total$117,794.94Cash$1,061,481.21Accrued Interest16Resolution No. 2026-064Page 16 of 60
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