CITY OF CUPERTINO
PARS Post-Employment Benefits Trust 6/1/2023 to 6/30/2023
Kristina Alfaro
Director of Administrative Services
City of Cupertino
10300 Torre Ave.
Cupertino, CA 95014
Account Summary
Source 6/1/2023 Contributions Earnings Expenses Distributions Transfers 6/30/2023 OPEB 1001 $33,223,791.44 $0.00 $1,494,014.92 $9,799.99 $0.00 $0.00 $34,708,006.37 PENSION 1002 $18,272,565.03 $0.00 $821,684.19 $5,389.83 $0.00 $0.00 $19,088,859.39 Totals $51,496,356.47 $0.00 $2,315,699.11 $15,189.82 $0.00 $0.00 $53,796,865.76 Investment Selection
Source
OPEB
PENSION
Investment Objective
Source
OPEB
PENSION
Investment Return
Source 1-Month 3-Months 1-Year 3-Years 5-Years 10-Years OPEB 4.50% 4.23% 11.14% 6.09% 4.72% 5.77% 6/21/2010
PENSION 4.50% 4.23% 11.12% 6.05% - - 3/26/2019
Information as provided by US Bank, Trustee for PARS; Not FDIC Insured; No Bank Guarantee; May Lose Value Headquarters - 4350 Von Karman Ave., Suite 100, Newport Beach, CA 92660 800.540.6369 Fax 949.250.1250 www.pars.org Account balances are inclusive of Trust Administration, Trustee and Investment Management fees Annualized Return
Investment Return: Annualized rate of return is the return on an investment over a period other than one year multiplied or divided to give a comparable one-year return.
Past performance does not guarantee future results. Performance returns may not reflect the deduction of applicable fees, which could reduce returns. Information is deemed reliable but may be subject to change.
Individual account based on US Bank Balanced MM. Dual goals are to provide a moderate amount of current income with moderate capital growth.
Income production and longer term growth of capital.
Account Report for the Period
Balance as of
City of Cupertino - OPEB
Balance as of
Individual account based on US Bank Balanced MM. Dual goals are to provide a moderate amount of current income with moderate capital growth.
Income production and longer term growth of capital.
City of Cupertino - PEN
Plan's Inception Date