HomeMy WebLinkAbout2019 Q1 Investment Report OverviewOverview of Main Portfolio
Blended 1 Core 2
60 60
319
Blended 1 Core 2
1.70% 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)
35% N/A $ 83,847,440
0% 100%‐$
48% 75% 113,556,134$
3% 75% 7,750,000$
13% 75% 31,930,162$
0% 25%‐$
TOTAL INVESTMENTS 100% 237,083,735$
*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 35% N/A
83,847,440 overnight 0.45% 0.16%83,847,440
US Treasury Securities
none 0% 100%
‐ N/A N/A N/A
‐
Local Government Investment Pool
3920 State Investment Pool 48% 75%
113,556,134 10/1/2014 0.10% 1.21%
113,556,134
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% 0.04%
117204A First Savings Bank Northwest 5,175,781 10/29/2020 1.85% 0.04%
119211A Opus 5,152,411 2/25/2021 2.60% 0.06%
118201A Opus 5,135,911 12/21/2020 2.60% 0.06%
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
‐
237,083,735$ 237,083,735$
15,581,583
*Held in our safekeeping account at BNY Trust and Custody
TOTAL CASH & INVESTMENTS
20%
7%
15,288,322 6%
By Type
Current
March 31, 2019
Weighted Average Maturity
excluding Fire Pension
Duration allowed by Policy
Current Duration (in months)
Weighted Average Yield
excluding Fire Pension
7,750,000 75%3%
Cash
US Treasury Securities
Local Government Investment Pool
US Federal Agency Securities
Certificates of Deposit
Commercial Paper
Cash
35%LGIP
48%
GSE's
3%
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
2019 Q1 Report to Investment Committee Page 1 of 9