City of Manhattan Beach
Investment Portfolio
May 2022
As Finance Director for the City of Manhattan Beach, I hereby certify that these investments are in compliance with the City’s investment policy (unless otherwise noted). Sufficient liquidity has been maintained to meet budget expenditure requirements for the current six month period.
CITY OF MANHATTAN BEACH
Portfolio Management
May 1, 2022 through May 31, 2022
Portfolio Summary
% of
Portfolio
Book
ValueInvestments
Market
Value
Par
Value
Days to
MaturityTerm
YTM
360 Equiv.
YTM
365 Equiv.
LAIF 48,000,000.00 137.35 0.675148,000,000.0048,000,000.00 0.684 Medium Term Notes 12,922,917.19 1,62510.05 2.25265812,760,520.0013,000,000.00 2.283 Federal Agency Issues - Coupon 33,183,333.81 1,49425.82 2.08473532,785,420.0033,000,000.00 2.113 Treasury Securities - Coupon 34,418,937.66 1,51426.78 1.4921,01033,228,030.0035,000,000.00 1.513 128,525,188.66 100.00%
Investments
126,773,970.00129,000,000.00 955 527 1.416 1.436
Cash
(not included in yield calculations)
Passbook/Checking 23,345,574.86 1 0.000123,345,574.8623,345,574.86 0.000 151,870,763.52Total Cash and Investments 150,119,544.86152,345,574.86 955 527 1.416 1.436 Current Year
May 31
135,121.43
Fiscal Year To Date
1,218,862.43
Total Earnings Month Ending
__________________________________________________ ____________________ STEVE S. CHARELIAN, FINANCE DIRECTOR
Portfolio CITY
CP
Reporting period 05/01/2022-05/31/2022
Run Date: 07/07/2022 - 17:16 PM (PRF_PM1) 7.3.11
Report Ver. 7.3.11
07/07/2022
YTM
365
Par Value Book Value
Maturity
Date
Stated
RateMarket Value
May 31, 2022
Portfolio Details - Investments
Issuer
Portfolio Management
CITY OF MANHATTAN BEACH
Days to
Maturity
S&PCUSIP Investment #
Purchase
Date
LAIF
0.684Local Agency Invest. Fund3000 48,000,000.00 48,000,000.00 0.68407/01/2018 48,000,000.00SYS3000 1 48,000,000.0048,000,000.0048,000,000.00Subtotal and Average 0.684 1 Medium Term Notes
3.060APPLE INCMTN0096 1,000,000.00 993,753.64 09/12/20222.10004/23/2018 1,001,260.00 AA+037833DC1 103
3.298APPLE INCMTN0098 1,000,000.00 989,180.36 05/03/20232.40005/22/2018 1,001,240.00 AA+037833AK6 336
1.963AMAZON.COM LLCMTN0111 1,000,000.00 959,130.00 05/12/20261.00002/24/2022 922,290.00 AA023135BX3 1,441
1.951BANK OF NY MELLOMTN0106 1,000,000.00 1,009,011.00 08/16/20232.20009/09/2019 999,040.00 A06406FAD5 441
1.850BANK OF NY MELLOMTN0109 1,000,000.00 1,011,205.00 10/24/20242.10002/10/2020 980,540.00 A06406RAL1 876
1.977Walt DisneyMTN0107 2,000,000.00 1,988,346.58 08/30/20241.75012/12/2019 1,955,360.00 A-254687FK7 821
1.890COCA-COLA COMTN0108 1,000,000.00 993,679.00 09/06/20241.75012/12/2019 987,180.00 A+191216CL2 828
2.025MICROSOFT CORPMTN0104 1,000,000.00 999,000.00 08/08/20232.00007/01/2019 996,230.00 AAA594918BQ6 433
0.950MERCK & CO INCMTN0110 1,000,000.00 991,420.00 02/24/20260.75010/05/2021 917,660.00 A+58933YAY1 1,364
2.640ORACLE CORPMTN0103 1,000,000.00 995,436.00 10/15/20222.50005/13/2019 999,350.00 A68389XAP0 136
3.461TOYOTA MOTOR CREDITMTN0099 1,000,000.00 999,500.00 09/20/20233.45009/21/2018 1,006,900.00 A+89236TFN0 476
2.634TOYOTA MOTOR CREDITMTN0101 1,000,000.00 993,255.61 10/18/20232.25003/26/2019 993,470.00 A+89236TDK8 504 12,922,917.1912,760,520.0013,000,000.00Subtotal and Average 2.283 658 Federal Agency Issues - Coupon
2.708FED FARM CR BKFAC0271 2,000,000.00 1,997,482.80 02/16/20232.57002/16/2018 2,009,080.00 AA+3133EJDE6 260
3.000FED FARM CR BKFAC0276 2,000,000.00 1,990,360.00 06/19/20232.89010/02/2018 2,015,500.00 AA+3133EJSD2 383
2.840FED FARM CR BKFAC0278 2,000,000.00 2,008,173.41 07/24/20233.08012/12/2018 2,016,140.00 AA+3133EJK57 418
1.870FED FARM CR BKFAC0294 1,000,000.00 997,642.00 08/22/20251.80002/24/2022 970,380.00 AA+3133ENPX2 1,178
2.747FED FARM CR BKFAC0296 2,000,000.00 2,039,164.00 03/22/20273.15004/11/2022 2,025,680.003133EJDV8 1,755
2.625FED FARM CR BKFAC0297 2,000,000.00 2,000,000.00 05/16/20242.62505/16/2022 2,001,040.003133ENWP1 715
2.357Federal Home Loan BankFAC0268 2,000,000.00 2,002,826.99 12/09/20222.50001/10/2018 2,007,640.00 AA+3130A3KM5 191
1.771Federal Home Loan BankFAC0285 2,000,000.00 2,060,181.73 09/13/20242.87512/11/2019 2,008,760.003130A2UW4 835
1.470Federal Home Loan BankFAC0289 1,000,000.00 1,001,306.00 08/15/20241.50002/07/2020 976,830.00 AA+3130AGWK7 806
0.312Federal Home Loan BankFAC0291 1,000,000.00 1,065,148.61 06/14/20242.87502/04/2021 1,005,520.00 AA+3130A1XJ2 744
1.871Federal Home Loan BankFAC0293 1,000,000.00 995,852.00 09/12/20251.75002/24/2022 967,440.00 AA+3130A8ZQ9 1,199
2.722Federal Home Loan MortgageFAC0298 2,000,000.00 1,845,444.00 09/23/20250.37505/13/2022 1,848,440.003137EAEX3 1,210
1.700Fannie MaeFAC0286 2,000,000.00 1,993,020.00 10/15/20241.62512/11/2019 1,949,700.00 AA+3135G0W66 867
1.500Fannie MaeFAC0287 2,000,000.00 2,011,260.00 10/15/20241.62502/07/2020 1,949,700.00 AA+3135G0W66 867
1.526Fannie MaeFAC0288 2,000,000.00 2,012,559.72 07/02/20241.75002/07/2020 1,968,420.00 AA+3135G0V75 762
0.259Fannie MaeFAC0290 1,000,000.00 1,038,144.02 07/02/20241.75002/04/2021 984,210.00 AA+3135G0V75 762
0.499Fannie MaeFAC0292 1,000,000.00 1,046,110.09 09/12/20232.87502/04/2021 1,006,810.00 AA+3135G0U43 468 Portfolio CITY
CP
Run Date: 07/07/2022 - 17:16 PM (PRF_PM2) 7.3.11
Report Ver. 7.3.11
YTM
365
Par Value Book Value
Maturity
Date
Stated
RateMarket Value
May 31, 2022
Portfolio Details - Investments
Issuer
Portfolio Management
CITY OF MANHATTAN BEACH
Days to
Maturity
S&PCUSIP Investment #
Purchase
Date
Federal Agency Issues - Coupon
2.793Tennessee Valley AuthorityFAC0277 2,000,000.00 1,988,503.41 08/15/20221.87512/12/2018 2,002,980.00 AA+880591EN8 75
2.493Tennessee Valley AuthorityFAC0279 1,000,000.00 995,930.03 08/15/20221.87502/14/2019 1,001,490.00 AA+880591EN8 75
1.763Tennessee Valley AuthorityFAC0295 1,000,000.00 966,017.00 05/15/20250.75002/24/2022 941,830.00 AA+880591EW8 1,079
2.894Tennessee Valley AuthorityFAC0299 1,000,000.00 1,128,208.00 11/01/20256.75005/13/2022 1,127,830.00880591CJ9 1,249 33,183,333.8132,785,420.0033,000,000.00Subtotal and Average 2.113 735 Treasury Securities - Coupon
2.681US TREASURYUST0027 2,000,000.00 1,991,978.62 07/31/20222.00012/12/2018 2,003,200.00912828XQ8 60
2.510US TREASURYUST0028 1,000,000.00 997,223.85 07/31/20222.00002/14/2019 1,001,600.00912828XQ8 60
2.525US TREASURYUST0029 1,000,000.00 981,101.23 07/31/20231.25002/14/2019 988,710.00912828S92 425
2.432US TREASURYUST0030 1,000,000.00 982,103.34 08/31/20231.37502/14/2019 989,260.009128282D1 456
2.201US TREASURYUST0031 1,000,000.00 996,431.56 09/30/20221.75003/25/2019 1,001,290.00912828L57 121
2.250US TREASURYUST0032 1,000,000.00 991,406.25 10/31/20222.00003/25/2019 1,002,500.009128283C2 152
2.234US TREASURYUST0033 1,000,000.00 995,039.06 02/29/20242.12505/13/2019 994,380.00912828W48 638
2.240US TREASURYUST0034 1,000,000.00 994,687.50 03/31/20242.12505/13/2019 993,590.00912828W71 669
1.493US TREASURYUST0035 2,000,000.00 2,021,737.96 08/31/20241.87502/07/2020 1,967,900.009128282U3 822
0.561US TREASURYUST0036 1,000,000.00 988,230.30 06/30/20250.25005/28/2021 926,560.00912828ZW3 1,125
0.591US TREASURYUST0039 1,000,000.00 987,897.63 06/30/20250.25008/11/2021 926,560.00912828ZW3 1,125
1.058US TREASURYUST0047 1,000,000.00 972,918.95 05/31/20250.25012/08/2021 928,710.00912828ZT0 1,095
1.001US TREASURYUST0051 1,000,000.00 1,003,906.25 02/28/20251.12512/09/2021 958,630.00912828ZC7 1,003
2.665US TREASURYUST0054 2,000,000.00 1,893,160.00 01/31/20271.50004/08/2022 1,883,760.00912828Z78 1,705
0.576US TREASURYUST0037 2,000,000.00 1,975,234.42 07/31/20250.25005/28/2021 1,848,280.0091282CAB7 1,156
0.620US TREASURYUST0038 1,000,000.00 985,896.24 08/31/20250.25005/28/2021 921,840.0091282CAJ0 1,187
0.601US TREASURYUST0040 1,000,000.00 987,525.70 07/31/20250.25008/11/2021 924,140.0091282CAB7 1,156
0.586US TREASURYUST0041 1,000,000.00 986,579.63 08/31/20250.25008/11/2021 921,840.0091282CAJ0 1,187
0.658US TREASURYUST0042 1,000,000.00 988,621.69 11/30/20250.37508/09/2021 919,650.0091282CAZ4 1,278
0.681US TREASURYUST0043 1,000,000.00 984,106.45 07/31/20250.25010/05/2021 924,140.0091282CAB7 1,156
0.707US TREASURYUST0044 2,000,000.00 1,962,052.37 10/31/20250.25010/05/2021 1,836,020.0091282CAT8 1,248
0.907US TREASURYUST0045 1,000,000.00 992,500.00 08/31/20260.75010/05/2021 917,190.0091282CCW9 1,552
0.892US TREASURYUST0046 1,000,000.00 987,710.84 07/31/20260.62510/05/2021 913,830.0091282CCP4 1,521
1.191US TREASURYUST0048 1,000,000.00 981,139.69 05/31/20260.75012/09/2021 921,990.0091282CCF6 1,460
1.176US TREASURYUST0049 1,000,000.00 985,770.37 06/30/20260.87512/09/2021 925,310.0091282CCJ8 1,490
1.210US TREASURYUST0050 1,000,000.00 984,140.04 09/30/20260.87512/09/2021 920,550.0091282CCZ2 1,582
1.678US TREASURYUST0052 2,000,000.00 1,890,502.24 09/30/20250.25002/24/2022 1,839,840.0091282CAM3 1,217
2.581US TREASURYUST0053 1,000,000.00 932,835.48 10/31/20261.12504/08/2022 929,490.0091282CDG3 1,613
2.750US TREASURYUST0055 1,000,000.00 996,500.00 04/15/20252.62505/16/2022 997,270.0091282CEH0 1,049 Portfolio CITY
CP
Run Date: 07/07/2022 - 17:16 PM (PRF_PM2) 7.3.11
YTM
365
Par Value Book Value
Stated
RateMarket Value
May 31, 2022
Portfolio Details - Investments
Issuer
Portfolio Management
CITY OF MANHATTAN BEACH
Days to
Maturity
S&PCUSIP Investment #
Purchase
Date
34,418,937.6633,228,030.0035,000,000.00Subtotal and Average 1.513 1,010 Total and Average 129,000,000.00 1.436 527126,773,970.00 128,525,188.66 Portfolio CITY
CP
Run Date: 07/07/2022 - 17:16 PM (PRF_PM2) 7.3.11
YTM
365
Par Value Book Value
Stated
RateMarket Value
May 31, 2022
Portfolio Details - Cash
Issuer
Portfolio Management
CITY OF MANHATTAN BEACH
Days to
Maturity
S&PCUSIP Investment #
Purchase
Date
Money Market Fund
0.000UNION BANK39901 23,345,574.86 23,345,574.8607/01/2018 23,345,574.86SYS39903-39902 1 Subtotal and Average
Total Cash and Investments 152,345,574.86 1.436 527
1 150,119,544.86 151,870,763.52
Portfolio CITY
CP
Run Date: 07/07/2022 - 17:16 PM (PRF_PM2) 7.3.11
City of Manhattan Beach
Investment Portfolio Summary
As of May 31, 202
2 PORTFOLIO PROFILE May 31, 2022 Apr 30, 2022 Mar 31, 2022 Feb 28, 2022 Jan 31, 2022 Total Book Value (Excluding Trust Funds) $128,525,189 $123,551,851 $120,690,830 $121,691,375 $115,882,232 Increase/(Decrease) from Prior Period 4,973,338 2,861,021 (1,000,545) 5,809,143 6,000,000 Percentage Change 4.0% 2.4% (0.8%) 5.0% 5.5%
Average Yield to Maturity (365 Days) 1.436% 1.325% 1.216% 1.188% 1.139% Increase/(Decrease) from Prior Period 0.111% 0.109% 0.028% 0.049% (0.041%)
PORTFOLIO ALLOCATIONS
By Security Value (Par) Percent Par YTM Time Horizon Percent LAIF* $48,000,000 37.21% 0.684% Next 12 months 49%
Medium Term Notes 13,000,000 10.1% 2.283% Months 13-24 12% Federal Agencies 33,000,000 25.6% 2.113% Months 25-36 16% U.S. Treasuries 35,000,000 27.1% 1.513% Months 37-48 16% Total $129,000,000 100.0% 1.436% Months 49-60 7%
*LAIF YTM as of May 31, 2022 GOOD Total 100.0%
RECENT ACTIVITY
Security Date of Activity Maturity Date Purchase (Par) Maturing/Call YTM FFCB - 3.15% Coupon 4/8/2022 3/22/2027 2,000,000 2.747% T - 1.125% Coupon 4/8/2022 10/31/2026 1,000,000 2.581%
T - 1.5% Coupon 4/8/2022 1/31/2027 2,000,000 2.665%
T - 2.625% Coupon 5/16/2022 10/31/2026 1,000,000 2.750% FFCB - 2.625% Coupon 5/16/2022 5/16/2024 2,000,000 2.625% FHLMC - 0.375% Coupon 5/13/2022 9/23/2025 2,000,000 2.722% TVA - 6.75% Coupon 5/13/2022 11/1/2025 1,000,000 2.894% Total Purchases $11,000,00 0 2.704%
Matured: FFCB - 2.15% Coupon 3/15/2022 3/15/2022 1,000,000 1.894% Matured: FNMA - 1.875% Coupon 4/5/2022 4/5/2022 1,000,000 1.850% Called: MTN - 2.65% Coupon 4/22/2022 5/23/2022 1,000,000 1.883% Matured: MTN - 2.35% Coupon 5/16/2022 5/16/2022 1,000,000 3.193% Total Maturing/Calls $4,000,000 2.205%
City of Manhattan Beach
Investment Portfolio Summary
As of May 31, 202
2 FUNDS HELD IN TRUST Value
Police/Fire Refunding Bonds $5.95
Fire Station 2 COPs 23,529.54
Marine Avenue Refunding Bonds 1.14
Pension Obligation Bonds 2,038.71
Metlox & Water/Wastewater Refunding Bonds (49.76)
UUAD Assessment Refunding Bonds 511,570.83
UUAD Assessment District 12 & 14 402,985.81
UUAD Assessment District 4 203,684.57
PARS Investment Trust 1,667,897.45
Total Funds Held in Trust $2,811,664.24
As of May 31, 2022
3‐Month 6 ‐Month 2 ‐Year 5 ‐Year 10 ‐Year
March 2022 0.45% 0.86% 1.91% 2.11% 2.13%
April 2022 0.76% 1.26% 2.54% 2.78% 2.75%
May 2022 0.99% 1.49% 2.62% 2.87% 2.90%
Portfolio 1.436% 1.436% 1.436% 1.436% 1.436%
LAIF 0 684% 0 684% 0 684% 0 684% 0 684%
Portfolio, 1.436%
LAIF, 0.684%
0.00%
0.50%
1.00%
1.50%
2.00%
2.50%
3.00%
US Treasuries Yield Curve
www.treas.gov
Monthly yields are interpolated by the Treasury from the daily yield curve.
CITY OF MANHATTAN BEACH HELD TO MATURITY
Portfolio Maturity Structure Rolling 60 Months
June 2022 through May 2027
Mth Mat. YTM Inv Call Amt Mth Mat. YTM Inv Call Amt Mth Mat. YTM Inv Call Amt Mth Mat. YTM Inv Call Amt Mth Mat. YTM Inv Call Amt Jun 22 Jun 23 6/19/23 3.00% FFCB nc $2.0M Jun 24 6/14/24 0.31% FHLB nc $1.0M Jun 25 6/30/25 0.56% T nc $1.0M Jun 26 6/30/26 1.18% T nc $1.0M 6/30/25 0.59% T nc $1.0M
Jul 22 7/31/22 2.7% T nc $2.0M Jul 23 7/24/23 2.84% FFCB nc $2.0M Jul 24 7/2/24 1.53% FNMA nc $2.0M Jul 25 7/31/25 0.58% T nc $2.0M Jul 26 7/31/26 0.89% T nc $1.0M 7/31/22 2.5% T nc $1.0M 7/31/23 2.53% T nc $1.0M 7/2/24 0.26% FNMA nc $1.0M 7/31/25 0.60% T nc $1.0M 7/31/25 0.68% T nc $1.0M
Aug 22 8/15/22 2.8% TVA nc $2.0M Aug 23 8/31/23 2.43% T nc $1.0M Aug 24 8/15/24 1.47% FHLB nc $1.0M Aug 25 8/31/25 0.62% T nc $1.0M Aug 26 8/31/26 0.91% T nc $1.0M 8/15/22 2.5% TVA nc $1.0M 8/8/23 2.03% MTN MW:12.5 $1.0M 8/30/24 1.98% MTN 7/30/24 $2.0M 8/31/25 0.59% T nc $1.0M 8/16/23 1.95% MTN 6/16/23 $1.0M 8/31/24 1.49% T nc $2.0M 8/22/25 1.87% FFCB nc $1.0M Sep 22 9/12/22 3.1% MTN MW: 7.5 $1.0M Sep 23 9/20/23 3.46% MTN nc $1.0M Sep 24 9/6/24 1.89% MTN 9/6/24 $1.0M Sep 25 9/12/25 1.87% FHLB nc $1.0M Sep 26 9/30/26 1.21% T nc $1.0M 9/30/22 2.2% T nc $1.0M 9/12/23 0.50% FNMA nc $1.0M 9/13/24 1.77% FHLB nc $2.0M 9/23/25 2.72% FHLM C nc $2.0M Oct 22 10/31/22 2.2% T nc $1.0M Oct 23 10/18/23 2.63% MTN nc $1.0M Oct 24 10/15/24 1.70% FNMA nc $2.0M Oct 25 10/31/25 0.71% T nc $2.0M Oct 26 10/31/26 2.58% T nc $1.0M 10/15/22 2.6% MTN MW: 12.5 $1.0M 10/15/24 1.50% FNMA nc $2.0M 10/24/24 1.85% MTN 9/6/24 $1.0M
Nov 22 Nov 23 Nov 24 Nov 25 11/30/25 0.66% T nc $1.0M Nov 26 11/1/25 2.89% TVA nc $1.0M
Dec 22 12/9/22 2.4% FHLB nc $2.0M Dec 23 Dec 24 Dec 25 Dec 26 Jan 23 Jan 24 Jan 25 Jan 26 Jan 27 1/31/27 2.67% T nc $2.0M Feb 23 2/16/23 2.7% FFCB nc $2.0M Feb 24 2/29/24 2.23% T nc $1.0M Feb 25 2/28/25 1.00% T nc $1.0M Feb 26 2/24/26 0.95% MTN MW: 10 $1.0M Feb 27 Mar 23 Mar 24 3/31/24 2.24% T nc $1.0M Mar 25 Mar 26 Mar 27 3/22/27 2.75% FFCB nc $2.0M Apr 23 Apr 24 Apr 25 4/15/25 2.75% T nc $1.0M Apr 26 Apr 27 May 23 5/3/23 3.3% MTN MW: 15 $1.0M May 24 5/16/24 2.63% FFCB nc $2.0M May 25 5/15/25 1.76% TVA nc $1.0M May 26 5/31/26 1.19% T nc $1.0M May 27 5/31/25 1.06% T nc $1.0M 5/12/26 1.96% MTN nc $1.0M
Total By Year (excl LAIF) $15.0m $15.0m $21.0m $21.0m $9.0m % of Total Securities (excl LAIF) 19% 19% 26% 26% 11%
% of Total Investments (incl LAIF) 49% 12% 16% 16% 7%
Total Securities 63% $81.0M
LAIF 37% $48.0M
Total Investments 100%
$129.0M
Shaded rows indicate months with significant cash inflows.
City of Manhattan Beach
Investment Policy Compliance Chart
As of May 31, 202
2 Instrument % of Total Limit Compliant? Limit Compliant? Limit Compliant? Local Agency Investment Fund (LAIF) $48,000,000 37.2% $75,000,000 Yes Treasury Securities
US Treasury $35,000,000 27.1% 5 Years Yes
Total U.S. Treasuries (29) TRUE $35,000,000 27.1%
Medium Term (Corporate) Notes
Coca-Cola 1,000,000 0.8% 5.0% Yes 5 Years Yes
Amazon 1,000,000 0.8% 5.0% Yes 5 Years Yes
Total Consumer Goods Sector $2,000,000 1.6% 10.0% Yes
Toyota Motor Credit 2,000,000 1.6% 5.0% Yes 5 Years Yes Bank of NY 2,000,000 1.6% 5.0% Yes 5 Years Yes
Total Financial Sector $4,000,000 3.1% 10.0% Yes
Merck 1,000,000 0.8% 5.0% Yes 5 Years Yes
Total Pharmaceuticals Sector $1,000,000 0.8% 10.0% Yes
Apple Inc 2,000,000 1.6% 5.0% Yes 5 Years Yes
Microsoft Corp 1,000,000 0.8% 5.0% Yes 5 Years Yes
Oracle Corp 1,000,000 0.8% 5.0% Yes 5 Years Yes
Total Technology Sector $4,000,000 3.1% 10.0% Yes
Walt Disney Co 2,000,000 1.6% 5.0% Yes 5 Years Yes
Total Communication Services Sector $2,000,000
Total Medium Term Notes (12) TRUE $13,000,000 10.1% 20.0% Yes Federal Agencies
Federal Home Loan Bank (FHLB) $7,000,000 5.4% 33.3% Yes 5 Years Yes Federal Farm Credit (FFCB) 11,000,000 8.5% 33.3% Yes 5 Years Yes Fannie Mae (FNMA) 8,000,000 6.2% 33.3% Yes 5 Years Yes
Freddie Mac (FHLMC) 2,000,000 1.6% 33.3% Yes 5 Years Yes Tennessee Valley Authority (TVA) 5,000,000 3.9% 33.3% Yes 5 Years Yes Total Federal Agencies (21) TRUE $33,000,000 25.6% 60.0% Yes Total Portfolio $129,000,000 100.0%
Dollar Compliance Percentage Compliance Term Compliance Temporary Suspension
Investments Book Value
LAIF $48,000,000.00
Treasury Securities 34,418,937.66
Federal Agency Issues-Coupon 33,183,333.81
Medium Term Notes 12,922,917.19
Subtotal Investments $128,525,188.66
Demand Deposit/Petty Cash
Cash in Bank $23,345,574.86
Petty Cash 2,383.70
$23,347,958.56
Subtotal City Cash & Investments $151,873,147.22
Bond Funds Held in Trust
Police Fire Refunding $5.95
Fire Station 2 COPs 23,529.54
Marine Ave Park Refunding 1.14
Metlox & Water/Wastewater Refunding (49.76)
Utility Assessment Districts 1,118,241.21
Pension Obligation Bonds 2,038.71
Subtotal Bonds Held in Trust $1,143,766.79
Investment Trust Funds
PARS Pension Rate Stabilization Trust 1,667,897.45
Treasurer's Balance $154,684,811.46
CITY OF MANHATTAN BEACH
TREASURER'S REPORT
May 31, 2022
Subtotal Demand Deposit
May 0.684
Apr 0.523
Mar 0.365
PMIA Quarter to Date(1): 0.29%
310PMIA Average Life(1):
0.32LAIF Apportionment Rate(2):
0.00000875657176851
0.988753538
LAIF Earnings Ratio(2):
LAIF Fair Value Factor(1):
PMIA Daily(1): 0.42%
Treasuries
67.09%
Agencies
19.01%
Certificates of
Deposit/Bank Notes
6.13%
Time
Deposits
1.87%
Commercial
Paper
5.33%
Corporate
Bonds
0.20%
Loans
0.37%
Notes: The apportionment rate includes interest earned on the CalPERS Supplemental Pension Payment pursuant to Government Code 20825 (c)(1) and interest earned on the Wildfire Fund loan pursuant to Public Utility Code 3288 (a).
Source:
(1) State of California, Office of the Treasurer
(2) State of Calfiornia, Office of the Controller
PMIA Average Monthly
Effective Yields(1)
PMIA/LAIF Performance Report
as of 06/10/22
Daily rates are now available here. View PMIA Daily Rates Quarterly Performance
Quarter Ended 03/31/22
Chart does not include $5,098,000.00 in mortgages, which equates to 0.002%. Percentages may not total 100% due to rounding.
Pooled Money Investment Account
Monthly Portfolio Composition (1)
05/31/22
$225.9 billion