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HomeMy WebLinkAboutQuarterly Investment Report 2017-Q4Overview of Main Portfolio Blended 1 Core 2 60  60  520 Blended 1 Core 2 1.03% 1.39% 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) 34% N/A  $           70,422,386  0% 100% ‐$                           43% 75% 90,923,543$            8% 75% 16,747,500$            15% 75% 31,482,542$            0% 25% ‐$                           TOTAL INVESTMENTS 100% 209,575,970$          *Excluding Cash the portfolio distribution is 65% LGIP; 23% CD's; 12% 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 34% N/A 70,422,386 overnight 0.45% 0.15%70,422,386      US Treasury Securities none 0% 100%‐                              N/A N/A N/A ‐                           Local Government Investment Pool 3920 State Investment Pool 43% 75% 90,923,543 10/1/2014 0.10% 0.55% 90,923,543         US Federal Agency Securities * 317189A FCCB 4,000,000             9/14/2018 1.25% 0.02% 315189D FNMA 4,997,500             10/26/2018 1.06% 0.03% 317209A FHLMC 2,750,000             4/27/2020 1.58% 0.02% 317209B FHLMC 1,950,000             4/27/2020 1.63% 0.02% 317209C FHLMC 3,050,000             5/22/2020 1.63% 0.02% 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% 0.04% 117204A First Savings Bank Northwest 5,175,781 10/29/2020 1.85% 0.05% 116191A Opus 5,000,000 2/25/2019 1.00% 0.02% 116181A Opus 5,000,000 12/21/2018 1.35% 0.03% 116191B Opus 5,000,000 12/21/2019 1.60% 0.04% 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 ‐                           209,575,970$        209,575,970$   15,422,285           *Held in our safekeeping account at BNY Trust and Custody TOTAL CASH & INVESTMENTS 20% 7% 15,000,000          7% By Type Current December 31, 2017 Weighted Average Maturity excluding Fire Pension Duration allowed by Policy Current Duration (in months) Weighted Average Yield excluding Fire Pension 16,747,500          75%8% Cash US Treasury Securities Local Government Investment Pool US Federal Agency Securities Certificates of Deposit Commercial Paper Cash 34% LGIP 43% GSE's 8% CD's 15% Distribution by Type 0.00% 0.20% 0.40% 0.60% 0.80% 1.00% 1.20% 1.40% 1.60% 1.80% 2.00% RENTON  CORE RENTON  BLENDED SIP FED FUNDS  RATE 2Y TREAS 1.39% 1.03% 1.29%1.30% 1.84% How do we compare? (see Performance Measures) KLR: 2017 Q4 Investment Committee Report 1 of 56