HomeMy WebLinkAbout2019 Q2 Investment Report OverviewOverview of Main Portfolio
Blended 1 Core 2
60 60
216
Blended 1 Core 2
1.53% 1.98%
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)
44% N/A $ 119,811,204
0% 100%‐$
42% 75% 114,269,295$
3% 75%7,750,000$
12% 75% 31,930,162$
0% 25%‐$
TOTAL INVESTMENTS 100%273,760,660$
*Excluding Cash the portfolio distribution is 74% LGIP; 21% CD's; 5% 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 44% N/A
119,811,204 overnight 0.45% 0.20%119,811,204
US Treasury Securities
none 0% 100%
‐ N/A N/A N/A
‐
Local Government Investment Pool
3920 State Investment Pool 42% 75%
114,269,295 10/1/2014 0.10% 1.05%
114,269,295
US Federal Agency Securities *
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% 0.03%
117204A First Savings Bank Northwest 5,175,781 10/29/2020 1.85% 0.03%
119211A Opus 5,152,411 2/25/2021 2.60% 0.05%
118201A Opus 5,135,911 12/21/2020 2.60% 0.05%
116191B Opus 5,000,000 12/21/2019 1.60% 0.03%
218213A Commencement Bank (CDARS)0%1,060,257 9/9/2021 2.85% 0.01%1,060,257
Commercial Paper
none 0.00% 5%
‐ N/A N/A N/A
‐
273,760,660$ 273,760,660$
7,750,000 75%3%
Cash
US Treasury Securities
Local Government Investment Pool
US Federal Agency Securities
Certificates of Deposit
Commercial Paper
By Type
Current
June 30, 2019
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%
6%
15,288,322 6%
Cash
44%
LGIP
42%
GSE's
3%
CD's
11%
Distribution by Type
0.00%
0.50%
1.00%
1.50%
2.00%
2.50%
3.00%
RENTON
CORE
RENTON
BLENDED
SIP FED FUNDS
RATE
2Y TREAS
1.98%
1.53%
2.51%2.38%
1.81%
How do we compare?
(see Performance Measures)
City of Renton, Washington
2019 Q2 Report to Investment Committee Page 1 of 9