1 City of Huntington Beach
Quarterly Investment Report
June 2026
Prepared by:
Jason Schmitt
City Treasurer
2 INVESTMENT PORTFOLIO SUMMARY
As of June 30, 2026
Funds within this portfolio with overnight availability are invested in the California Asset Management Program “CAMP” and a money market fund . The CAMP account is considered a “Local Government Investment Pool” or “LGIP” for reporting purposes above. Other funds are invested in U.S. Treasuries, Supranational Securities (e.g., International Bank of Reconstruction and Development), U.S. Agencies (e.g., Federal Home Loan Bank) , Commercial Paper, Municipal Bonds, and Corporate Bonds. Only investment types allowed under California Government Code Section 53601 and the City of Huntington Beach’s Investment Policy Statement are utilized.
For the quarter and fiscal year as of June 30, 2026, the current market value of the portfolio is slightly lower than the book value of the portfolio at $472.9 million versus $475.7 million. As interest rates have remained elevated, the market value of securities previously purchased at lower than the current market rates have remained suppressed. As our investments are almost always held to maturity, the market value is a point -in-time measurement and no loss is realized. The elevated interest rate environment will allow excess funds to be invested at higher rates, resulting in increased future interest income.
3 PORTFOLIO BREAKOUT BY SECTOR
As of June 30, 2026
The largest holding by security type at month-end was U.S. Agencies at approximately 29% of the total overall portfolio compared to 37% as of March 31, 2026. This was followed by Corporate Bonds at approximately 23% of the total portfolio as of June 30, 2026 compared to 26% as of March 31, 2026 and the California General Code statutory limit of 30%. We also increased investing in Municipal Bonds this quarter as part of our diversification strategy, with Municipal Bonds accounting for approximately 14% of the total portfolio compared to 5% as of March 31, 2026.
4 INVESTMENT PORTFOLIO EARNINGS
As of June 30, 2026
Earnings for the month of June 2026 were $1,582,258, an increase of approximately 25% from the same month in the prior year . Earnings for Q4 2025 -2026 were $ 4,647,746, an increase of approximately 24% from the same quarter in the prior year. Fiscal year-to-date earnings of $16,396,601 increased $3,376,796, approximately 26% from the previous fiscal year . These higher earnings were due to the increase in interest rates and the higher average balance of the portfolio. The effective rate of return for June was 4.01% compared to 3.52% the prior year , for Q4 2025 -2026 was 3.94% compared to 3.47% for the prior year, and for fiscal year-to-date return was 3.74% compared to 3.24% during the same period last year. At the end of June, the 12-month moving average of the interpolated
1.5-year U.S. Treasury was 3.75%. Portfolio performance for the year is roughly in line with the current benchmark as lower yield pandemic bonds matured.
5 PORTFOLIO BREAKOUT BY MATURITY
As of June 30, 2026
Cash and LGIP funds as of June 30, 2026 stood at $26,704,522, which was $10,068,724 more than as of March 31, 2026. Overall, Cash/Money Market and Short -Term Investments (defined as < 1 year maturity) accounted for 27% of the total portfolio compared to 23% last quarter with another 16% in Medium-Term Investments compared to 21% last quarter (defined as 1-2 year maturity). The quarter- over-quarter increase in LGIP funds reflects a strategic decision to expand short -term holdings. This liquidity buildup ensures adequate coverage for upcoming payroll and CalPERS liabilities during the July-to-October period, when property tax revenues are cyclically at their lowest.
6 COMPLIANCE SUMMARY
As of June 30, 2026
There were no compliance issues during this period with either cash or investment holdings.
7 ECONOMIC AND MARKET OVERVIEW
On June 17, 202 6, the FOMC released a statement saying that economic activity has continued expanding at a solid pace. They explained that job gains have kept pace with the workforce, and the unemployment rate has changed little . The Committee decided to maintain the target range for the federal funds rate at 3 -1/2 to 3 -3/4 percent, though a majority of Committee members indicated the potential for future federal funds target rate increases in 2026 . New FOMC Chairman Kevin Warsh expressed reluctance to continue providing forward guidance regarding target federal funds rate ranges.
Markets: The yield on the 10 -year U.S. Treasury finished the quarter at 4. 44%, up 14bps from 4.30% at the end of the previous quarter. The 2-Year Treasury yield finished the quarter at 4.14%, up 35bps from 3.79% at the end of the previous quarter . These increases reflect continued longer-term uncertainties regarding the potential outcome and geo -political impact of the Iran war . The S&P 500 decreased by 4.6% and the DJIA decreased by 3.6% over the last three months due to similar war- related concerns and potential pullback related to artificial intelligence.
Employment: Both total nonfarm payroll employment (+57,000) and the unemployment rate (4.2%) changed little in June. Job gains occurred in professional and business services, social assistance, and health care.
Portfolio Summary
City of Huntington Beach
Portfolio: CITY
Reporting Date: (FY2026)
06/01/2026 - 06/30/2026
Full Accrual Basis
Portfolio Investments
06/30/2026
Date
City Treasurer
TitleJason Schmitt
I certify that this report and the corresponding pages attached accurately reflect all portfolio combined investments and conforms with all California state statutes and the Huntington Beach investment policy filed on December 19, 2023. The investment program herein shown provides sufficient cash flow liquidity to meet the next six month's obligations. Market values are provided by US Bank via Interactive Data Corp (IDC) City Portfolio Certification
Fiscal YTD Transactions (Par)
Redemptions 8 $36,000,000
Purchases 6 $14,620,000
Total Activity 14 $50,620,000
Period Transactions (Par)
Redemptions 33 $162,089,000
Purchases 60 $233,220,000
Total Activity 93 $395,309,000
Net Period Earnings $16,396,601.44
Last FY Period Net Earnings $13,019,805.56
Avg Daily Book Balance $437,943,265.99
$1.00 $1.00
Net Effective Annual Return 3.744%
Net Period Earnings $1,582,257.82
Last FY Period Net Earnings $1,264,030.18
Avg Daily Book Balance $488,420,498.93
$1.00 $1.00
Net Effective Annual Return 4.014%
Fiscal YTD Summary (365 Days)Period Earnings Summary (30 Days) ______________________________________________ __________________ sum2
Total Market Value
$1.00
$472,969,618.57
sum2
Total Book Value
$2.00
$475,743,015.20
Market Value
Book Value
Par Value
sum2
Total Par Value
$1.00
$478,927,522.40
The City Portfolio uses a 12 month moving average of the 1.5Yr Treasury for comparison purposes. This period, that rate is equal to: 3.750% ____________________________________________
Par Value Book Value Market Value Book Value
% of Port Book Yield Book Yield
Contribution
Years to
Maturity
Cash / Money Market
Local Govt Inv Pools (LGIP)
Commercial Paper
U.S. Treasuries
Supranational
U.S. Agencies
Corporates
Municipals
Total
$7,739,698.95 $7,739,698.95 $7,739,698.95 1.63% 3.53% 0.06% 0.00 $18,964,823.45 $18,964,823.45 $18,964,823.45 3.99% 3.77% 0.15% 0.00 $10,000,000.00 $9,924,266.60 $9,918,500.00 2.09% 3.69% 0.08% 0.21 $71,000,000.00 $70,681,091.00 $70,604,770.00 14.86% 3.63% 0.54% 1.59 $50,000,000.00 $49,868,802.83 $49,861,250.00 10.48% 4.31% 0.45% 1.59 $139,245,000.00 $139,380,633.27 $138,425,835.60 29.30% 3.89% 1.14% 2.59 $110,548,000.00 $110,665,511.96 $109,726,969.37 23.26% 4.07% 0.95% 2.35 $71,430,000.00 $68,518,187.14 $67,727,771.20 14.40% 3.95% 0.57% 3.23 $478,927,522.40 $475,743,015.20 $472,969,618.57 100.00% 3.93% 2.18 8 Portfolio Characteristics
Sector Breakdown
Portfolio Book Yield
Portfolio Market
Yield
Effective Duration
Weighted Avg
Maturity (Yrs)/WAL
Weighted Avg
Maturity (Days)
3.93%
4.19%
1.86 2.18
796
Weighted Avg
Coupon
Composite Rating
Number of Securities
Held
Median Security Size
Held
Net Asset Value
(NAV)
3.60%
AA2/A-1
105
$5,000,000.00
$0.99417
Callable Breakdown
Call
Options
Refunding
Options
Onetime (1x)
Monthly (Dm)
Quarterly (Dq)
Semi-Annual
(Ds)
Annual (Da)
Anytime (Cc)
Total
6.05% 0.00%
0.00% 0.00%
1.68% 0.00%
1.05% 0.00%
6.31% 0.00%
0.00% 19.41%
15.09% 19.41%
Book Value % of Portfolio
4-5Yr
14.39%
3-4Yr
18.33%
2-3Yr
23.86%
CASH
5.61%
0-1Yr
21.57%
1-2Yr
16.23%
$ Millions
22 16
5 10 5 5 5
35 25
5 4 10
1 8 3 1
20 40
10 5 3 3
11 5 3
34 25
15 9 8 5
16 10
1 26
5 5 4 8 12
2 5 1
2026:Jul2026:Aug2026:Sep2026:Oct2027:Mar2027:Apr2027:May2027:Jun2027:Jul2027:Aug2027:Sep2027:Oct2027:Nov2028:Feb2028:Mar2028:Apr2028:Jun2028:Jul2028:Aug2028:Sep2028:Oct2028:Nov2029:Feb2029:Mar2029:May2029:Jun2029:Jul2029:Aug2029:Oct2029:Nov2030:Mar2030:May2030:Jun2030:Jul2030:Aug2030:Sep2030:Oct2030:Nov2030:Dec2031:Feb2031:Mar2031:Apr2031:May 0 1.0E7
2.0E7
3.0E7
4.0E7
5.0E7
Asset Maturities by Month
Issuer Holdings - Top 10
Book Value % of Port
Municipals
14.40%
Corporates
23.26%
Cash / Money
Market
1.63%
Local Govt Inv
Pools (LGIP)
3.99%
Commercial Paper
2.09%
U.S. Treasuries
14.86%
Supranational
10.48%
U.S. Agencies
29.30%
2.49%
3.00%
3.34%
3.98%
3.99%
4.16%
4.20%
8.94%
11.91%
14.86%
0.00% 5.00% 10.00% 15.00%
T
FHLB
FNMA
IADB
IBRD
CAMP
HI-HIS
FFCB
FHLMC
CA-CAS
Maturity DistributionTotal Cash & Investments
sum2
Total Market Value
$1.00
$472,969,618.57
sum2
Total Book Value
$2.00
$475,743,015.20
sum2
Total Par Value
$1.00
$478,927,522.40
Market Value
Book Value
Par Value
Portfolio Summary
City of Huntington Beach
Portfolio: CITY
Reporting Date: 06/30/2026
Last Pricing Date: 06/30/2026
Gain/Loss Est. ($2,773,396.63)
9 Holdings Compliance Summary
City of Huntington Beach
Portfolio: CITY
Reporting Date: 06/30/2026
Holdings Compliance Summary
Limit Actual Compliant
Investment Limit
Limit Actual Compliant
Issuer Limit
Limit Actual Compliant
Maximum Maturity
Actual Min Rating
Short Term
Actual Min Rating
Long Term Compliant
Credit Ratings
Commercial Paper
U.S. Treasuries
Supranational
U.S. Agencies
Corporates
Municipals
40.00% 2.09% Yes 10.00% 1.05% Yes 1.00 Years 0.29 Years Yes A-1/P-1/F1 N/A Yes 100.00% 14.86% Yes 100.00% 14.86% Yes 5.00 Years 3.08 Years Yes N/A N/A Yes
30.00% 10.48% Yes 100.00% 4.20% Yes 5.00 Years 3.00 Years Yes N/A AAA/Aaa/AAA Yes 100.00% 29.30% Yes 100.00% 11.91% Yes 5.00 Years 4.65 Years Yes N/A N/A Yes
30.00% 23.26% Yes 10.00% 2.13% Yes 5.00 Years 4.70 Years Yes N/A A/A2/A Yes 100.00% 14.40% Yes 10.00% 3.98% Yes 5.00 Years 4.87 Years Yes N/A AA-/Aa2/AA- Yes Cash Compliance Summary
Cash Account Account Description
% of
Portfolio
Maximum
% of
Portfolio % Investable Dollar Portfolio Maximum Current Book Value Investable Value Compliant 003-CAMP California Asset Management Program 3.99% $75,000,000.00 $18,964,823.45 $56,035,176.55 Yes LGIP 3.99% $18,964,823.45 Yes
104-FUZXX First American Treasury Obligations 15.00% 1.63% 13.37% $7,739,698.95 $63,621,753.33 Yes Cash/Money Market 15.00% 1.63% 13.37% $7,739,698.95 Yes *The investment portfolio has been reviewed and is in full compliance with the established investment guidelines regarding credit quality, maturity, and sector allocation. All holdings meet or exceed the minimum credit rating requirements as outlined in the policy. No investments are below the permitted credit thresholds.Portfolio maturities are structured to remain within the approved limits. The weighted average maturity (WAM) and final maturity constraints are in compliance with policy requirements. Investments are diversified across approved sectors and remain within the specified sector concentration limits. No sector exposures exceed established maximum thresholds. 10 Accounting ID Transaction Type CUSIP Description Price Settlement Date Posted Date Par Value Principal Accrued Interest Total 4382
Maturity
717081DV2
PFE 2.750 06/03/2026
100.00000
06/03/2026
06/03/2026
5,000,000.00
5,000,000.00
0.00 5,000,000.00
4436
Full Call
3134HBNT4
FHLMC 4.070 06/08/2029
100.00000
06/08/2026
06/08/2026
5,000,000.00
5,000,000.00
0.00 5,000,000.00
4439
Full Call
3136GAJ34
FNMA 4.300 06/09/2028
100.00000
06/09/2026
06/09/2026
5,000,000.00
5,000,000.00
0.00 5,000,000.00
4335
Maturity
3130AMFS6
FHLB 0.750 06/12/2026
100.00000
06/12/2026
06/12/2026
5,000,000.00
5,000,000.00
0.00 5,000,000.00
4388
Maturity
3130AVWS7
FHLB 3.750 06/12/2026
100.00000
06/12/2026
06/12/2026
3,000,000.00
3,000,000.00
0.00 3,000,000.00
4375
Maturity
110122CN6
BMY 3.200 06/15/2026
100.00000
06/15/2026
06/15/2026
5,000,000.00
5,000,000.00
0.00 5,000,000.00
4398
Maturity
3133EPNG6
FFCB 4.375 06/23/2026
100.00000
06/23/2026
06/23/2026
3,000,000.00
3,000,000.00
0.00 3,000,000.00
4347
Maturity
3130AQ7E7
FHLB 1.500 06/30/2026
100.00000
06/30/2026
06/30/2026
5,000,000.00
5,000,000.00
0.00 5,000,000.00
Activity Total 36,000,000.00 36,000,000.00 0.00 36,000,000.00 Portfolio: CITY Bond Redemption Activity Report
City of Huntington Beach
Reporting Period:
06/30/2026
Report Run Date: Jul 16, 2026 11
Accounting ID Transaction Type CUSIP Description Price Settlement Date Posted Date Par Value Principal Accrued Interest Total 4496
Buy
023135DD5
AMZN 4.250 03/13/2031
98.42700
06/08/2026
06/08/2026
2,000,000.00
1,968,540.00
20,069.44
1,988,609.44
4497
Buy
13063ETP1
CA-CAS 4.050 04/01/2031
98.68400
06/10/2026
06/10/2026
5,000,000.00
4,934,200.00
31,500.00
4,965,700.00
4495
Buy
91412HYX5
CA-UNVHGR 4.504 05/15/2031
100.00000
06/11/2026
06/11/2026
1,000,000.00
1,000,000.00
0.00 1,000,000.00
4498
Buy
2463807P8
DE-DES 4.450 07/01/2028
100.00000
06/23/2026
06/23/2026
2,540,000.00
2,540,000.00
54,003.22
2,594,003.22
4499
Buy
357155BP4
CA-FMTEDU 2.000 08/01/2030
91.25700
06/24/2026
06/24/2026
2,080,000.00
1,898,145.60
16,524.44
1,914,670.04
4500
Buy
798063GZ0
CA-SJQHGR 2.004 08/01/2030
91.27200
06/24/2026
06/24/2026
2,000,000.00
1,825,440.00
15,920.67
1,841,360.67
Activity Total 14,620,000.00 14,166,325.60 138,017.77 14,304,343.37 Portfolio: CITY Bond Purchase Activity Report
City of Huntington Beach
Reporting Period:
06/30/2026
Report Run Date: Jul 16, 2026
12 Accounting ID Ticker Pool Description Type Par Value Book Value Market Value Rate % of Portfolio 104 FUZXX First American Treasury Obligations Cash/Money Market 7,739,698.95 7,739,698.95 7,739,698.95 3.530 1.63% Cash/Money Market 7,739,698.95 7,739,698.95 7,739,698.95 1.63% 003 CAMP California Asset Management Program LGIP 18,964,823.45 18,964,823.45 18,964,823.45 3.770 3.99% LGIP 18,964,823.45 18,964,823.45 18,964,823.45 3.99% Cash Holdings 26,704,522.40 26,704,522.40 26,704,522.40 5.61% Portfolio: CITYCash By Structure Report
City of Huntington Beach
Reporting Period:
06/30/2026
Report Run Date: Jul 16, 2026 13
CUSIP Ticker Coupon Maturity Date Short Description Settlement Date Par Value Book Value Market Value Gain/Loss Book
Yield
Years to
Maturity
(%) of
Portfolio
Moodys
Rating
62479MHE6 MUFGBK 0.000 08/14/2026 MUFG Bank Ltd/NY 02/18/2026 5,000,000.00 4,977,851.83 4,976,900.00 (951.83) 3.690 0.120 1.05% P-1 22533UKG7
CACPNY
0.000
10/16/2026
Credit Agricole CIB NY
03/02/2026
5,000,000.00
4,946,414.78
4,941,600.00
(4,814.78)
3.690
0.293
1.04%
P-1
Commercial Paper 10,000,000.00 9,924,266.60 9,918,500.00 (5,766.60) 2.09% 91282CHM6 T 4.500 07/15/2026 U.S. Treasury Note 03/12/2024 5,000,000.00 5,000,212.05 5,001,450.00 1,237.95 4.380 0.038 1.05% Aa1 91282CCP4 T 0.625 07/31/2026 U.S. Treasury Note 09/30/2021 5,000,000.00 4,998,697.84 4,987,350.00 (11,347.84) 0.950 0.082 1.05% Aa1 91282CCW9 T 0.750 08/31/2026 U.S. Treasury Note 09/23/2021 1,000,000.00 999,771.63 995,020.00 (4,751.63) 0.890 0.167 0.21% Aa1 91282CCW9 T 0.750 08/31/2026 U.S. Treasury Note 11/23/2021 5,000,000.00 4,995,677.56 4,975,100.00 (20,577.56) 1.285 0.167 1.05% Aa1 91282CEW7 T 3.250 06/30/2027 U.S. Treasury Note 12/29/2022 5,000,000.00 4,966,068.73 4,958,050.00 (8,018.73) 4.000 0.997 1.04% Aa1 91282CEW7 T 3.250 06/30/2027 U.S. Treasury Note 12/22/2023 5,000,000.00 4,967,223.02 4,958,050.00 (9,173.02) 3.960 0.997 1.04% Aa1 91282CKZ3 T 4.375 07/15/2027 U.S. Treasury Note 11/04/2024 5,000,000.00 5,013,764.29 5,012,500.00 (1,264.29) 4.090 1.038 1.05% Aa1 91282CFB2 T 2.750 07/31/2027 U.S. Treasury Note 01/19/2024 5,000,000.00 4,933,564.00 4,926,750.00 (6,814.00) 4.080 1.081 1.04% Aa1 91282CHK0 T 4.000 06/30/2028 U.S. Treasury Note 09/18/2024 5,000,000.00 5,052,860.25 4,984,550.00 (68,310.25) 3.431 1.999 1.06% Aa1 91282CHQ7 T 4.125 07/31/2028 U.S. Treasury Note 01/16/2024 10,000,000.00 10,055,766.89 9,993,000.00 (62,766.89) 3.831 2.084 2.11% Aa1 91282CKX8 T 4.250 06/30/2029 U.S. Treasury Note 01/06/2025 5,000,000.00 4,989,541.95 5,011,350.00 21,808.05 4.327 2.998 1.05% Aa1 91282CKX8 T 4.250 06/30/2029 U.S. Treasury Note 01/10/2025 10,000,000.00 9,956,387.87 10,022,700.00 66,312.13 4.411 2.998 2.09% Aa1 91282CFC0
T
2.625
07/31/2029
U.S. Treasury Note
01/23/2025
5,000,000.00
4,751,554.92
4,778,900.00
27,345.08
4.419
3.083
1.00%
Aa1
U.S. Treasuries 71,000,000.00 70,681,091.00 70,604,770.00 (76,321.00) 14.86% 45950VTK2
IFC
4.840
03/23/2027
International Finance Corp
03/11/2026
5,000,000.00
5,043,666.67
5,024,800.00
(18,866.67)
3.605
0.726
1.06%
Aaa
459058KJ1
IBRD
3.125
06/15/2027
Int'l Bank for Recon and Dev
01/10/2025
5,000,000.00
4,947,476.11
4,953,150.00
5,673.89
4.295
0.956
1.04%
Aaa
45818WFN1
IADB
4.850
07/19/2027
Inter-American Development Bank
05/29/2024
10,000,000.00
10,007,794.16
10,024,900.00
17,105.84
4.770
1.049
2.10%
Aaa
45818WFN1
IADB
4.850
07/19/2027
Inter-American Development Bank
04/22/2025
5,000,000.00
5,053,163.57
5,012,450.00
(40,713.57)
3.782
1.049
1.06%
Aaa
45818WEQ5
IADB
3.800
06/09/2028
Inter-American Development Bank
09/21/2023
5,000,000.00
4,929,028.45
4,922,500.00
(6,528.45)
4.622
1.941
1.04%
Aaa
459058KT9
IBRD
3.500
07/12/2028
Int'l Bank for Recon and Dev
11/13/2023
5,000,000.00
4,886,366.29
4,935,400.00
49,033.71
4.760
2.031
1.03%
Aaa
459058KT9
IBRD
3.500
07/12/2028
Int'l Bank for Recon and Dev
12/06/2023
5,000,000.00
4,922,463.68
4,935,400.00
12,936.32
4.350
2.031
1.03%
Aaa
459058KW2
IBRD
4.625
08/01/2028
Int'l Bank for Recon and Dev
01/25/2024
5,000,000.00
5,046,586.72
5,044,750.00
(1,836.72)
4.130
2.086
1.06%
Aaa
45950KDH0
IFC
4.250
07/02/2029
International Finance Corp
10/23/2024
5,000,000.00
5,032,257.19
5,007,900.00
(24,357.19)
4.011
3.003
1.06%
Aaa
Supranational 50,000,000.00 49,868,802.83 49,861,250.00 (7,552.83) 10.48% 3130AUMC5
FHLB
3.750
07/20/2026
Federal Home Loan Bank
01/19/2023
5,000,000.00
5,000,000.00
4,999,650.00
(350.00)
3.750
0.052
1.05%
Aa1
3130AQS79
FHLB
2.250
08/07/2026
Federal Home Loan Bank
02/07/2022
5,000,000.00
5,000,000.00
4,991,450.00
(8,550.00)
2.250
0.101
1.05%
Aa1
3133EPGT6
FFCB
3.875
04/26/2027
Federal Farm Credit Bank
04/26/2023
5,000,000.00
4,998,822.05
4,992,100.00
(6,722.05)
3.906
0.819
1.05%
Aa1
3133EPJP1
FFCB
3.625
05/12/2027
Federal Farm Credit Bank
05/12/2023
5,000,000.00
4,997,008.78
4,981,550.00
(15,458.78)
3.700
0.862
1.05%
Aa1
3130AW4N7
FHLB
3.630
06/04/2027
Federal Home Loan Bank
05/18/2023
5,000,000.00
5,000,000.00
4,979,650.00
(20,350.00)
3.630
0.925
1.05%
Aa1
3133EPMV4
FFCB
4.125
06/15/2027
Federal Farm Credit Bank
06/15/2023
5,000,000.00
4,999,773.06
5,000,450.00
676.94
4.130
0.956
1.05%
Aa1
3130AWWN6
FHLB
4.500
09/10/2027
Federal Home Loan Bank
12/05/2023
4,455,000.00
4,460,529.07
4,474,824.75
14,295.68
4.383
1.194
0.94%
Aa1
3130B9RC6
FHLB
3.500
03/03/2028
Federal Home Loan Bank
03/27/2026
3,000,000.00
2,977,087.67
2,969,520.00
(7,567.67)
3.978
1.673
0.63%
Aa1
3130AWC24
FHLB
4.000
06/09/2028
Federal Home Loan Bank
06/13/2023
5,000,000.00
5,001,787.75
4,984,550.00
(17,237.75)
3.979
1.941
1.05%
Aa1
3130AWC24
FHLB
4.000
06/09/2028
Federal Home Loan Bank
06/27/2023
5,000,000.00
4,998,922.84
4,984,550.00
(14,372.84)
4.012
1.941
1.05%
Aa1
3136GAEQ8
FNMA
4.220
07/07/2028
Fannie Mae
04/07/2025
5,000,000.00
5,000,000.00
4,993,200.00
(6,800.00)
4.220
2.018
1.05%
Aa1
3136GAKZ1
FNMA
4.150
07/28/2028
Fannie Mae
03/10/2026
2,080,000.00
2,080,451.72
2,074,113.60
(6,338.12)
3.838
2.075
0.44%
Aa1
3130B9S84
FHLB
3.650
09/12/2028
Federal Home Loan Bank
03/12/2026
5,000,000.00
5,000,000.00
4,973,550.00
(26,450.00)
3.650
2.201
1.05%
Aa1
3136GCLQ6 FNMA 3.700 02/12/2029 Fannie Mae 02/26/2026 11,180,000.00 11,182,142.29 11,065,293.20 (116,849.09) 3.667 2.620 2.35% Aa1 3134HCF20 FHLMC 4.125 03/30/2029 Freddie Mac 04/01/2026 2,000,000.00 2,000,374.65 1,989,960.00 (10,414.65) 4.099 2.746 0.42% Aa1 3130B1BC0 FHLB 4.625 06/08/2029 Federal Home Loan Bank 07/19/2024 5,000,000.00 5,068,864.24 5,060,050.00 (8,814.24) 4.100 2.938 1.07% Aa1 3130B1BC0 FHLB 4.625 06/08/2029 Federal Home Loan Bank 07/25/2024 5,000,000.00 5,060,598.12 5,060,050.00 (548.12) 4.162 2.938 1.06% Aa1 3130B1BC0 FHLB 4.625 06/08/2029 Federal Home Loan Bank 05/12/2025 4,000,000.00 4,070,976.18 4,048,040.00 (22,936.18) 3.964 2.938 0.86% Aa1 3136GAJS9 FNMA 4.170 07/09/2029 Fannie Mae 07/09/2025 5,000,000.00 5,000,000.00 4,992,250.00 (7,750.00) 4.170 3.023 1.05% Aa1 3136GA7A1 FNMA 4.710 07/13/2029 Fannie Mae 01/23/2025 5,000,000.00 5,000,000.00 5,001,400.00 1,400.00 4.710 3.034 1.05% Aa1 3134HCSB6 FHLMC 3.875 10/26/2029 Freddie Mac 02/23/2026 5,000,000.00 5,000,000.00 4,954,850.00 (45,150.00) 3.875 3.321 1.05% Aa1 3133ELS88 FFCB 1.040 07/08/2030 Federal Farm Credit Bank 03/16/2026 1,000,000.00 897,628.48 883,630.00 (13,998.48) 3.827 4.019 0.19% Aa1 880591FE7 TVA 3.875 08/01/2030 Tennessee Valley Authority 02/18/2026 5,000,000.00 5,045,530.57 4,938,050.00 (107,480.57) 3.631 4.085 1.06% Aa1 880591FE7 TVA 3.875 08/01/2030 Tennessee Valley Authority 03/13/2026 5,000,000.00 5,000,558.94 4,938,050.00 (62,508.94) 3.871 4.085 1.05% Aa1 3130B9MA5 FHLB 3.800 08/26/2030 Federal Home Loan Bank 02/26/2026 5,000,000.00 5,000,000.00 4,916,650.00 (83,350.00) 3.800 4.153 1.05% Aa1 Portfolio: CITYBond Holdings By Sector Report
City of Huntington Beach
Reporting Period:
06/30/2026
Report Run Date: Jul 16, 2026 14
CUSIP Ticker Coupon Maturity Date Short Description Settlement Date Par Value Book Value Market Value Gain/Loss Book
Yield
Years to
Maturity
(%) of
Portfolio
Moodys
Rating
3136GAY60 FNMA 3.850 10/21/2030 Fannie Mae 03/09/2026 1,265,000.00 1,263,997.21 1,253,652.95 (10,344.26) 3.869 4.307 0.27% Aa1 3136GCBX2 FNMA 4.150 12/24/2030 Fannie Mae 12/24/2025 8,000,000.00 8,000,000.00 7,932,720.00 (67,280.00) 4.150 4.482 1.68% Aa1 3136GCM93 FNMA 4.100 02/24/2031 Fannie Mae 02/24/2026 5,000,000.00 5,000,000.00 4,888,750.00 (111,250.00) 4.100 4.652 1.05% Aa1 3134HCTK5 FHLMC 4.000 02/24/2031 Freddie Mac 02/24/2026 7,265,000.00 7,275,579.66 7,103,281.10 (172,298.56) 3.769 4.652 1.53% Aa1 U.S. Agencies 139,245,000.00 139,380,633.27 138,425,835.60 (954,797.67) 29.30% 931142EM1 WMT 3.050 07/08/2026 Walmart 05/15/2023 4,257,000.00 4,256,456.10 4,256,148.60 (307.50) 3.752 0.019 0.89% Aa2 904764AU1 UNANA 2.000 07/28/2026 Unilever 05/15/2023 2,505,000.00 2,501,925.04 2,501,518.05 (406.99) 3.752 0.074 0.53% A1 037833DN7 AAPL 2.050 09/11/2026 Apple 12/06/2023 5,000,000.00 4,977,100.50 4,981,150.00 4,049.50 4.583 0.197 1.05% Aaa 713448DN5 PEP 2.375 10/06/2026 Pepsi 12/26/2023 5,000,000.00 4,976,606.25 4,978,500.00 1,893.75 4.273 0.266 1.05% A1 24422EXR5 DE 4.900 06/11/2027 John Deere 01/06/2025 5,000,000.00 5,019,428.57 5,029,750.00 10,321.43 4.460 0.945 1.06% A1 437076DB5 HD 4.875 06/25/2027 Home Depot 08/23/2024 5,000,000.00 5,034,294.35 5,029,500.00 (4,794.35) 4.061 0.983 1.06% A2 023135BC9 AMZN 3.150 08/22/2027 Amazon 08/23/2024 5,000,000.00 4,952,576.92 4,940,150.00 (12,426.92) 4.040 1.142 1.04% A1 14913UAR1 CAT 4.400 10/15/2027 Caterpillar 09/10/2024 5,000,000.00 5,031,002.69 5,008,850.00 (22,152.69) 3.886 1.290 1.06% A2 110122DE5 BMY 3.900 02/20/2028 Bristol-Myers Squibb 01/24/2025 2,786,000.00 2,756,504.37 2,770,732.72 14,228.35 4.600 1.640 0.58% A2 166756BB1 CVX 4.475 02/26/2028 Chevron 09/03/2025 5,000,000.00 5,052,015.35 5,011,950.00 (40,065.35) 3.776 1.656 1.06% Aa2 24422EXB0 DE 4.950 07/14/2028 John Deere 03/27/2024 5,000,000.00 5,026,107.50 5,061,950.00 35,842.50 4.662 2.037 1.06% A1 64952WFP3 NYLIFE 4.150 07/25/2028 New York Life 03/09/2026 5,000,000.00 5,018,078.50 4,965,650.00 (52,428.50) 3.963 2.067 1.05% Aa1 023135DC7 AMZN 4.000 03/13/2029 Amazon 03/13/2026 1,000,000.00 999,901.00 989,310.00 (10,591.00) 4.004 2.700 0.21% A1 023135DC7 AMZN 4.000 03/13/2029 Amazon 03/13/2026 2,000,000.00 1,998,884.00 1,978,620.00 (20,264.00) 4.022 2.700 0.42% A1 437076DC3 HD 4.750 06/25/2029 Home Depot 06/26/2025 5,000,000.00 5,074,947.20 5,049,500.00 (25,447.20) 4.185 2.984 1.07% A2 110122CP1 BMY 3.400 07/26/2029 Bristol-Myers Squibb 09/18/2025 5,000,000.00 4,926,001.62 4,857,200.00 (68,801.62) 3.923 3.069 1.04% A2 17325FBK3 C 4.838 08/06/2029 Citigroup/Citibank NA 09/03/2025 5,000,000.00 5,102,616.05 5,039,900.00 (62,716.05) 4.095 3.099 1.07% Aa3 532457CQ9 LLY 4.200 08/14/2029 Eli Lilly & Co 07/15/2025 5,000,000.00 4,998,432.85 4,973,850.00 (24,582.85) 4.210 3.121 1.05% Aa3 740816AS2 HARVRD 4.887 03/15/2030 Harvard University 02/27/2026 5,000,000.00 5,182,896.04 5,080,500.00 (102,396.04) 3.790 3.704 1.09% Aaa 30303M8M7 META 4.800 05/15/2030 Meta Platforms 02/20/2026 5,000,000.00 5,152,757.88 5,049,850.00 (102,907.88) 3.900 3.871 1.08% Aa3 30303M8M7 META 4.800 05/15/2030 Meta Platforms 03/30/2026 1,000,000.00 1,013,864.24 1,009,970.00 (3,894.24) 4.388 3.871 0.21% Aa3 219207AD9 CORNLU 4.169 06/15/2030 Cornell University 02/17/2026 5,000,000.00 5,060,323.77 4,951,800.00 (108,523.77) 3.821 3.956 1.06% Aa1 219207AD9 CORNLU 4.169 06/15/2030 Cornell University 02/23/2026 5,000,000.00 5,064,077.70 4,951,800.00 (112,277.70) 3.800 3.956 1.06% Aa1 037833DY3 AAPL 1.250 08/20/2030 Apple 02/20/2026 5,000,000.00 4,519,751.54 4,412,850.00 (106,901.54) 3.798 4.137 0.95% Aaa 48130C4W2 JPM 4.050 09/23/2030 JP Morgan 09/23/2025 5,000,000.00 5,000,000.00 4,876,650.00 (123,350.00) 4.050 4.230 1.05% P-1 023135DD5 AMZN 4.250 03/13/2031 Amazon 06/08/2026 2,000,000.00 1,968,961.91 1,969,320.00 358.09 4.620 4.698 0.41% A1 Corporates 110,548,000.00 110,665,511.96 109,726,969.37 (938,542.59) 23.26% 419792R73 HI-HIS 3.888 10/01/2027 State of Hawaii 04/30/2026 5,000,000.00 5,000,000.00 4,981,400.00 (18,600.00) 3.888 1.251 1.05% Aa2 677523TF9
OH-OHS
3.680
11/01/2027
03/24/2026
1,000,000.00
1,000,000.00
994,620.00
(5,380.00)
3.680
1.336
0.21%
Aaa
13063DGC6 CA-CAS 3.500 04/01/2028 State of California 04/14/2026 1,000,000.00 994,100.99 987,450.00 (6,650.99) 3.853 1.752 0.21% Aa2 2463807P8 DE-DES 4.450 07/01/2028 Delaware State 06/23/2026 2,540,000.00 2,540,000.00 2,543,022.60 3,022.60 4.450 2.001 0.53% Aaa 419792G42 HI-HIS 1.710 08/01/2028 State of Hawaii 04/29/2026 5,000,000.00 4,781,419.33 4,736,350.00 (45,069.33) 3.922 2.086 1.01% Aa2 419792ZQ2 HI-HIS 1.518 10/01/2028 State of Hawaii 03/05/2026 1,000,000.00 955,852.38 939,020.00 (16,832.38) 3.589 2.253 0.20% Aa2 419792R81 HI-HIS 3.938 10/01/2028 State of Hawaii 04/30/2026 2,000,000.00 2,000,000.00 1,983,140.00 (16,860.00) 3.938 2.253 0.42% Aa2 677523TG7 OH-OHS 3.680 11/01/2028 03/24/2026 1,000,000.00 1,000,000.00 988,910.00 (11,090.00) 3.680 2.338 0.21% Aaa 13077DMP4 CA-CASHGR 1.490 11/01/2028 California State University 03/17/2026 2,080,000.00 1,973,095.05 1,953,432.00 (19,663.05) 3.825 2.338 0.41% Aa2 542411PD9 CA-LONHGR 1.878 05/01/2029 Long Beach Community College 04/28/2026 3,000,000.00 2,840,529.64 2,809,680.00 (30,849.64) 3.884 2.834 0.60% Aa2 79770GJF4 CA-SFRDEV 2.393 08/01/2029 San Francisco RDA 02/26/2026 5,000,000.00 4,814,670.45 4,724,500.00 (90,170.45) 3.683 3.086 1.01% 419792R99 HI-HIS 4.005 10/01/2029 State of Hawaii 04/30/2026 2,000,000.00 2,000,000.00 1,977,820.00 (22,180.00) 4.005 3.253 0.42% Aa2 13063DRE0 CA-CAS 2.500 10/01/2029 State of California 04/24/2026 2,260,000.00 2,164,086.29 2,134,931.60 (29,154.69) 3.908 3.253 0.45% Aa2 13077DQH8 CA-CASHGR 1.674 11/01/2029 California State University 02/26/2026 1,175,000.00 1,104,595.77 1,080,259.75 (24,336.02) 3.609 3.337 0.23% Aa2 677523TH5 OH-OHS 3.751 11/01/2029 03/24/2026 1,000,000.00 1,000,000.00 985,690.00 (14,310.00) 3.751 3.337 0.21% Aaa 13077DMQ2 CA-CASHGR 1.690 11/01/2029 California State University 04/24/2026 5,000,000.00 4,653,354.38 4,599,300.00 (54,054.38) 3.938 3.337 0.98% Aa2 13077DQH8 CA-CASHGR 1.674 11/01/2029 California State University 04/29/2026 1,000,000.00 928,846.28 919,370.00 (9,476.28) 3.982 3.337 0.20% Aa2 91412HGG2 CA-UNVHGR 1.614 05/15/2030 University of California 02/23/2026 10,000,000.00 9,257,021.81 9,047,500.00 (209,521.81) 3.704 3.871 1.95% Aa2 79770GJG2 CA-SFRDEV 2.543 08/01/2030 San Francisco RDA 04/21/2026 2,000,000.00 1,891,544.55 1,863,620.00 (27,924.55) 4.000 4.085 0.40% 357155BP4 CA-FMTEDU 2.000 08/01/2030 06/24/2026 2,080,000.00 1,899,007.47 1,902,430.40 3,422.93 4.349 4.085 0.40% Aa2 798063GZ0 CA-SJQHGR 2.004 08/01/2030 06/24/2026 2,000,000.00 1,826,267.30 1,829,560.00 3,292.70 4.349 4.085 0.38% Aa2 Portfolio: CITYBond Holdings By Sector Report
City of Huntington Beach
Reporting Period:
06/30/2026
Report Run Date: Jul 16, 2026 15
CUSIP Ticker Coupon Maturity Date Short Description Settlement Date Par Value Book Value Market Value Gain/Loss Book
Yield
Years to
Maturity
(%) of
Portfolio
Moodys
Rating
419792S31 HI-HIS 4.178 10/01/2030 State of Hawaii 04/30/2026 4,195,000.00 4,195,000.00 4,156,531.85 (38,468.15) 4.178 4.252 0.88% Aa2 13063DYT9 CA-CAS 1.750 11/01/2030 State of California 02/23/2026 2,100,000.00 1,938,101.94 1,878,513.00 (59,588.94) 3.704 4.337 0.41% Aa2 13063DYT9 CA-CAS 1.750 11/01/2030 State of California 04/13/2026 2,000,000.00 1,825,695.24 1,789,060.00 (36,635.24) 3.968 4.337 0.38% Aa2 13063ETP1 CA-CAS 4.050 04/01/2031 State of California 06/10/2026 5,000,000.00 4,934,998.27 4,919,700.00 (15,298.27) 4.355 4.750 1.04% Aa2 91412HYX5 CA-UNVHGR 4.504 05/15/2031 University of California 06/11/2026 1,000,000.00 1,000,000.00 1,001,960.00 1,960.00 4.504 4.871 0.21% Aa2 Municipals 71,430,000.00 68,518,187.14 67,727,771.20 (790,415.94) 14.40% Bond Holdings 452,223,000.00 449,038,492.80 446,265,096.17 (2,773,396.63) 94.39% Portfolio: CITYBond Holdings By Sector Report
City of Huntington Beach
Reporting Period:
06/30/2026
Report Run Date: Jul 16, 2026
16 Portfolio Ratings
Portfolio Ratings
City of Huntington Beach
Portfolio: CITY
Reporting Date: 06/30/2026
Par Value Book Value Market Value Book Yield Book Yield Contribution Effective Duration Effective Duration
Contribution Years to Maturity (%) Book Value
A-1
AAA
AA1
AA2
AA3
A1
A2
NR
Hold
Rating Total
15,000,000.00 14,924,266.60 14,795,150.00 3.81 0.12 1.16 0.04 1.55 3.14% 70,540,000.00 70,088,550.92 69,847,992.60 4.23 0.62 1.73 0.26 1.86 14.73% 225,245,000.00 225,204,204.25 223,899,855.60 3.81 1.80 1.85 0.87 2.33 47.34% 75,147,000.00 72,286,658.59 71,483,627.20 3.92 0.60 2.81 0.43 3.01 15.19% 21,000,000.00 21,085,378.80 20,911,070.00 4.11 0.18 2.67 0.12 2.96 4.43% 22,505,000.00 22,626,683.41 22,611,618.05 4.30 0.20 1.31 0.06 1.43 4.76% 22,786,000.00 22,822,750.23 22,715,782.72 4.09 0.20 1.86 0.09 2.03 4.80% 26,704,522.40 26,704,522.40 26,704,522.40 3.70 0.21 0.00 0.00 0.00 5.61%
1.00 1.00
478,927,522.40 475,743,015.20 472,969,618.57 3.93 1.86 100.00% 17 Statement of Cash Receipts and Disbursements and
Cash Receipts and Disbursements May 2026 June 2026
Receipts
General Fund
Property Tax 18,033,306$ 2,534,594$
Local Sales Tax 4,556,564 3,904,599
Public Safety Sales Tax 215,130 306,254
Transient Occupancy Tax (TOT) 1,497,871 1,507,404
Utility Users Tax (UUT) 1,442,802 796,609
Other Revenue 7,843,621 17,025,923
Total General Fund Revenue 33,589,293 26,075,383
Capital Projects Funds 6,799 726
Debt Service Funds 497,144 436,568
Enterprise Funds 8,277,076 9,260,375
General Fund Other 141,388 407,798
Internal Service Funds 1,269,607 1,361,455
Special Revenue Funds 1,850,854 1,818,515
Grant Funds 970,747 3,752,394
Trust and Agency Funds 1,152,408 15,843,924
Total All Other Funds Revenue 14,166,023 32,881,755
Total Receipts 47,755,317$ 58,957,138$
Disbursements
General Fund
Personnel Services (18,683,545) (15,031,001)
Operating Expenses (5,188,612) (3,182,594)
Capital Expenditures - -
Non-Operating Expenses (1,636,888) (1,111,615)
Total General Fund Disbursements (25,509,046) (19,325,209) Capital Projects Funds (1,146,254) (2,225,508)
Debt Service Funds - (18,187,157)
Enterprise Funds (6,612,484) (13,020,357)
General Fund Other (103,974) (3,967,878)
Internal Service Funds (1,658,686) (1,622,832)
Special Revenue Funds (4,382,899) (2,769,462)
Grant Funds (1,338,675) (3,265,322)
Trust and Agency Funds (2,065,621) (3,266,269)
Total All Other Funds Disbursements (17,308,593) (48,324,785) Total Disbursements (42,817,639) (67,649,995)
Net Change in Cash Flow 4,937,677$ (8,692,856)$
Summary of Cash by Fund
City Treasurer's Office
June 2026
18 Summary of Cash by Fund May 2026 June 2026
General Fund 157,073,209$ 163,823,383$
General Fund Other 5,139,008 1,578,928
Capital Projects Funds 48,293,179 46,068,398
Debt Service Funds 47,432,630 29,682,041
Enterprise Funds 100,567,571 96,807,589
Trust and Agency Funds 9,541,386 22,119,041
Internal Service Funds 66,474,650 66,213,273
Special Revenue Funds 61,079,844 60,615,969
General Ledger Cash Balances * 495,601,478$ 486,908,622$ Total cash will differ from investment portfolio total due to outstanding checks and/or other timing differences.
Note: Above information was obtained from the City's accounting system records. The above information includes receipts from maturing investments and payments for purchased investments in the city investment portfolio. This statement is prepared in compliance with the City's Charter. 19