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HomeMy WebLinkAboutQuarterly Investment Report 2016-Q4Overview of Main Portfolio Blended 1 Core 2 60 60  723 Blended 1 Core 2 0.76% 1.21% 1 Blended = Liquid (Cash+LGIP) plus Fixed Income Portfolio 2 Core = Main investments of the City defined maturities (Fire Pension is Excluded) Current % Blended Allowed per  policy Current Portfolio (principal value) 25% N/A  $           41,122,577  0% 100%‐$                           45% 75% 75,144,187$            11% 75% 18,453,255$            19% 75% 31,306,761$            0% 25%‐$                           TOTAL INVESTMENTS 100% 166,026,780$          *Excluding Cash the portfolio distribution is 60% LGIP; 25% CD's; 15% GSE's By Institution Current % Blended Allowed by  Policy Current Portfolio (principal value)Maturity Date APY Weighted Yield Blended Current  Principal  Balance Cash US Bank ‐ Cash 25% N/A 41,122,577 overnight 0.45% 0.11%41,122,577      US Treasury Securities none 0% 100% ‐                              N/A N/A N/A ‐                           Local Government Investment Pool 3920 State Investment Pool 45% 75%75,144,187 10/1/2014 0.10% 0.29%75,144,187         US Federal Agency Securities* 314179A FHLB 1,996,920             8/11/2017 1.05% 0.01% 315189D FNMA 4,997,500             10/26/2018 1.06% 0.03% 314179G FHLB 5,009,485             10/17/2017 0.93% 0.03% 315209A FHLMC 1,600,000             5/26/2020 1.75% 0.02% 314179C FNMA 4,849,350             11/28/2017 1.00% 0.03% Certificates of Deposit 115184A First Savings Bank Northwest 5,092,087 2/6/2018 1.03% 0.03% 116214A First Savings Bank Northwest 5,154,418 2/3/2021 1.67% 0.05% 114174A First Savings Bank Northwest 5,000,000 10/29/2017 1.15% 0.03% 116191A Opus 5,000,000 2/25/2019 1.00% 0.03% 116181A Opus 5,000,000 12/21/2018 1.35% 0.04% 116191B Opus 5,000,000 12/21/2019 1.60% 0.05% 216183A Commencement Bank (CDARS)1%1,060,257 9/16/2018 1.00% 0.01%1,060,257             Commercial Paper none 0.00% 5% ‐                              N/A N/A N/A ‐                           166,026,780$        166,026,780$   15,246,504           *Held in our safekeeping account at BNY Trust and Custody TOTAL CASH & INVESTMENTS 20% 9% 15,000,000          9% By Type Current December 31, 2016 Weighted Average Maturity excluding Fire Pension Duration allowed by Policy Current Duration (in months) Weighted Average Yield excluding Fire Pension 18,453,255          75%11% Cash US Treasury Securities Local Government Investment Pool US Federal Agency Securities Certificates of Deposit Commercial Paper Cash 25% LGIP 45% GSE's 11% CD's 19% Distribution by Type 0.00% 0.20% 0.40% 0.60% 0.80% 1.00% 1.20% 1.40% RENTON  CORE RENTON  BLENDED SIP FED FUNDS  RATE 2Y TREAS 1.21% 0.76%0.64%0.54% 1.20% How do we compare? (see Performance Measures) KLR: 2016 Q4 Report to Investment Committee 1 of 48