HomeMy WebLinkAbout2018 Q3 Investment Report OverviewOverview of Main Portfolio
Blended 1 Core 2
60 60
316
Blended 1 Core 2
1.16% 1.55%
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)
37% N/A $ 84,709,294
0% 100%‐$
44% 75% 102,260,110$
6% 75% 12,747,500$
14% 75% 31,641,840$
0% 25%‐$
TOTAL INVESTMENTS 100% 231,358,745$
*Excluding Cash the portfolio distribution is 68% LGIP; 21% CD's; 11% 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 37% N/A
84,709,294 overnight 0.45% 0.16%84,709,294
US Treasury Securities
none 0% 100%
‐ N/A N/A N/A
‐
Local Government Investment Pool
3920 State Investment Pool 44% 75%
102,260,110 10/1/2014 0.10% 0.70%
102,260,110
US Federal Agency Securities *
315189D FNMA 4,997,500 10/26/2018 1.06% 0.02%
317209A FHLMC 2,750,000 4/27/2020 1.58% 0.02%
317209B FHLMC 1,950,000 4/27/2020 1.63% 0.01%
317209C FHLMC 3,050,000 5/22/2020 1.63% 0.02%
Certificates of Deposit
118214A First Savings Bank Northwest 5,251,384 2/6/2021 1.96% 0.04%
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% 0.04%
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% 0.03%
218213A Commencement Bank (CDARS)0%1,060,257 9/9/2021 2.81% 0.01%
1,060,257
Commercial Paper
none 0.00% 5%
‐ N/A N/A N/A
‐
231,358,745$ 231,358,745$
12,747,500 75%6%
Cash
US Treasury Securities
Local Government Investment Pool
US Federal Agency Securities
Certificates of Deposit
Commercial Paper
By Type
Current
September 30, 2018
Weighted Average Maturity
excluding Fire Pension
Duration allowed by Policy
Current Duration (in months)
Weighted Average Yield
excluding Fire Pension
15,581,583
*Held in our safekeeping account at BNY Trust and Custody
TOTAL CASH & INVESTMENTS
20%
7%
15,000,000 6%
Cash
37%LGIP
44%
GSE's
5%
CD's
14%
Distribution by Type
0.00%
0.50%
1.00%
1.50%
2.00%
2.50%
RENTON
CORE
RENTON
BLENDED
SIP FED FUNDS
RATE
2Y TREAS
1.49%
1.21%
1.58%1.51%
2.28%
How do we compare?
(see Performance Measures)
City of Renton, Washington
2018 Q3 Report to Investment Committee Page 1 of 9