City of Manhattan Beach
Finance Department
Investment Portfolio
November 2022
As Finance Director for the City of Manhattan Beach, I hereby certify that these investments are in compliance with the City’s investment polic y (unless otherwise noted). Sufficient liquidity has been maintained to meet budget expenditure requirements for the current six month period.
DocuSign Envelope ID: 28C41FF8-D9F0-49FE-A53D-ED66CA08BB63
CITY OF MANHATTAN BEACH
Portfolio Management
November 1, 2022 through November 30, 2022
Portfolio Summary
% of
Portfolio
Book
ValueInvestments
Market
Value
Par
Value
Days to
Maturity
Term
YTM
360 Equiv.
YTM
365 Equiv.
LAIF 40,000,000.00 132.11 1.980140,000,000.0040,000,000.00 2.007 Medium Term Notes 12,700,666.52 1,67710.20 2.50173412,335,720.0013,000,000.00 2.536 Federal Agency Issues - Coupon 33,962,952.67 1,46227.27 2.22765832,801,740.0034,000,000.00 2.258 Treasury Securities - Coupon 37,889,425.44 1,57130.42 1.7751,10635,757,320.0039,000,000.00 1.800 124,553,044.63 100.00%
Investments
120,894,780.00126,000,000.00 1,048 591 2.038 2.066
Cash
(not included in yield calculations)
Passbook/Checking 4,878,053.08 1 0.00014,878,053.084,878,053.08 0.000 129,431,097.71Total Cash and Investments 125,772,833.08130,878,053.08 1,048 591 2.038 2.066 Current Year
November 30
179,954.61
Fiscal Year To Date
856,135.62
Total Earnings Month Ending
__________________________________________________ ____________________ STEVE S. CHARELIAN, FINANCE DIRECTOR
Portfolio CITY
CP
Reporting period 11/01/2022-11/30/2022
Run Date: 01/06/2023 - 09:25 PM (PRF_PM1) 7.3.11
Report Ver. 7.3.11
YTM
365
Par Value Book Value
Maturity
Date
Stated
RateMarket Value
November 30, 2022
Portfolio Details - Investments
Issuer
Portfolio Management
CITY OF MANHATTAN BEACH
Days to
Maturity
S&PCUSIP Investment #
Purchase
Date
LAIF
2.007Local Agency Invest. Fund3000 40,000,000.00 40,000,000.00 2.00707/01/2018 40,000,000.00SYS3000 1 40,000,000.0040,000,000.0040,000,000.00Subtotal and Average 2.007 1 Medium Term Notes
3.298APPLE INCMTN0098 1,000,000.00 993,212.52 05/03/20232.40005/22/2018 990,040.00 AA+037833AK6 153
4.905APPLE INCMTN0112 1,000,000.00 914,486.00 09/12/20272.90010/25/2022 945,370.00037833DB3 1,746
1.963AMAZON.COM LLCMTN0111 1,000,000.00 962,522.34 05/12/20261.00002/24/2022 891,370.00 AA023135BX3 1,258
1.951BANK OF NY MELLOMTN0106 1,000,000.00 1,009,011.00 08/16/20232.20009/09/2019 982,070.00 A06406FAD5 258
1.850BANK OF NY MELLOMTN0109 1,000,000.00 1,011,205.00 10/24/20242.10002/10/2020 952,700.00 A06406RAL1 693
1.977Walt DisneyMTN0107 2,000,000.00 1,990,531.60 08/30/20241.75012/12/2019 1,900,200.00 A-254687FK7 638
4.593Johnson & JohnsonMTN0113 1,000,000.00 840,970.00 09/01/20270.95010/25/2022 869,630.00478160CP7 1,735
1.890COCA-COLA COMTN0108 1,000,000.00 993,679.00 09/06/20241.75012/12/2019 959,150.00 A+191216CL2 645
2.025MICROSOFT CORPMTN0104 1,000,000.00 999,000.00 08/08/20232.00007/01/2019 982,670.00 AAA594918BQ6 250
0.950MERCK & CO INCMTN0110 1,000,000.00 991,420.00 02/24/20260.75010/05/2021 895,370.00 A+58933YAY1 1,181
3.461TOYOTA MOTOR CREDITMTN0099 1,000,000.00 999,500.00 09/20/20233.45009/21/2018 988,450.00 A+89236TFN0 293
2.634TOYOTA MOTOR CREDITMTN0101 1,000,000.00 995,129.06 10/18/20232.25003/26/2019 978,700.00 A+89236TDK8 321 12,700,666.5212,335,720.0013,000,000.00Subtotal and Average 2.536 734 Federal Agency Issues - Coupon
2.708FED FARM CR BKFAC0271 2,000,000.00 1,998,598.80 02/16/20232.57002/16/2018 1,991,720.00 AA+3133EJDE6 77
3.000FED FARM CR BKFAC0276 2,000,000.00 1,990,360.00 06/19/20232.89010/02/2018 1,978,660.00 AA+3133EJSD2 200
2.840FED FARM CR BKFAC0278 2,000,000.00 2,005,564.87 07/24/20233.08012/12/2018 1,975,720.00 AA+3133EJK57 235
1.870FED FARM CR BKFAC0294 1,000,000.00 997,642.00 08/22/20251.80002/24/2022 938,710.00 AA+3133ENPX2 995
2.747FED FARM CR BKFAC0296 2,000,000.00 2,037,426.79 03/22/20273.15004/11/2022 1,930,120.00 AA+3133EJDV8 1,572
2.625FED FARM CR BKFAC0297 2,000,000.00 2,000,000.00 05/16/20242.62505/16/2022 1,942,600.00 AA+3133ENWP1 532
3.250FED FARM CR BKFAC0301 1,000,000.00 944,835.84 11/18/20240.87506/17/2022 933,080.003133ENEJ5 718
4.550FED FARM CR BKFAC0303 1,000,000.00 998,356.00 07/27/20264.50010/27/2022 1,011,560.003133ENV72 1,334
2.357Federal Home Loan BankFAC0268 2,000,000.00 2,001,325.94 12/09/20222.50001/10/2018 1,999,400.00 AA+3130A3KM5 8
1.771Federal Home Loan BankFAC0285 2,000,000.00 2,049,048.42 09/13/20242.87512/11/2019 1,942,120.003130A2UW4 652
1.470Federal Home Loan BankFAC0289 1,000,000.00 1,001,306.00 08/15/20241.50002/07/2020 949,950.00 AA+3130AGWK7 623
0.312Federal Home Loan BankFAC0291 1,000,000.00 1,051,883.06 06/14/20242.87502/04/2021 972,790.00 AA+3130A1XJ2 561
1.871Federal Home Loan BankFAC0293 1,000,000.00 995,852.00 09/12/20251.75002/24/2022 936,410.00 AA+3130A8ZQ9 1,016
3.230Federal Home Loan BankFAC0300 1,000,000.00 990,620.00 06/28/20242.75006/17/2022 972,160.003130ASDS5 575
4.343Federal Home Loan BankFAC0302 1,000,000.00 878,187.00 06/12/20260.87510/24/2022 895,610.003130AN4T4 1,289
2.722Federal Home Loan MortgageFAC0298 2,000,000.00 1,851,447.42 09/23/20250.37505/13/2022 1,799,700.00 AA+3137EAEX3 1,027
1.700Fannie MaeFAC0286 2,000,000.00 1,993,020.00 10/15/20241.62512/11/2019 1,896,900.00 AA+3135G0W66 684 Portfolio CITY
CP
Run Date: 01/06/2023 - 09:25 PM (PRF_PM2) 7.3.11
Report Ver. 7.3.11
YTM
365
Par Value Book Value
Maturity
Date
Stated
RateMarket Value
November 30, 2022
Portfolio Details - Investments
Issuer
Portfolio Management
CITY OF MANHATTAN BEACH
Days to
Maturity
S&PCUSIP Investment #
Purchase
Date
Federal Agency Issues - Coupon
1.500Fannie MaeFAC0287 2,000,000.00 2,011,260.00 10/15/20241.62502/07/2020 1,896,900.00 AA+3135G0W66 684
1.526Fannie MaeFAC0288 2,000,000.00 2,010,053.35 07/02/20241.75002/07/2020 1,915,540.00 AA+3135G0V75 579
0.259Fannie MaeFAC0290 1,000,000.00 1,030,532.13 07/02/20241.75002/04/2021 957,770.00 AA+3135G0V75 579
0.499Fannie MaeFAC0292 1,000,000.00 1,032,548.30 09/12/20232.87502/04/2021 985,100.00 AA+3135G0U43 285
1.763Tennessee Valley AuthorityFAC0295 1,000,000.00 969,705.09 05/15/20250.75002/24/2022 912,130.00 AA+880591EW8 896
2.894Tennessee Valley AuthorityFAC0299 1,000,000.00 1,123,379.66 11/01/20256.75005/13/2022 1,067,090.00 AA+880591CJ9 1,066 33,962,952.6732,801,740.0034,000,000.00Subtotal and Average 2.258 658 Treasury Securities - Coupon
2.525US TREASURYUST0029 1,000,000.00 987,069.26 07/31/20231.25002/14/2019 977,340.00912828S92 242
2.432US TREASURYUST0030 1,000,000.00 987,472.35 08/31/20231.37502/14/2019 975,200.009128282D1 273
2.234US TREASURYUST0033 1,000,000.00 995,039.06 02/29/20242.12505/13/2019 969,490.00912828W48 455
2.240US TREASURYUST0034 1,000,000.00 994,687.50 03/31/20242.12505/13/2019 967,730.00912828W71 486
1.493US TREASURYUST0035 2,000,000.00 2,017,666.34 08/31/20241.87502/07/2020 1,912,040.009128282U3 639
0.561US TREASURYUST0036 1,000,000.00 989,911.69 06/30/20250.25005/28/2021 906,480.00912828ZW3 942
0.591US TREASURYUST0039 1,000,000.00 989,626.54 06/30/20250.25008/11/2021 906,480.00912828ZW3 942
1.058US TREASURYUST0047 1,000,000.00 976,882.03 05/31/20250.25012/08/2021 907,340.00912828ZT0 912
1.001US TREASURYUST0051 1,000,000.00 1,003,906.25 02/28/20251.12512/09/2021 933,200.00912828ZC7 820
2.665US TREASURYUST0054 2,000,000.00 1,898,276.95 01/31/20271.50004/08/2022 1,815,000.00912828Z78 1,522
3.287US TREASURYUST0057 1,000,000.00 927,509.56 08/15/20261.50006/17/2022 914,610.009128282A7 1,353
3.285US TREASURYUST0059 1,000,000.00 959,556.97 05/15/20272.37509/01/2022 938,240.00912828X88 1,626
3.295US TREASURYUST0060 1,000,000.00 959,101.56 05/15/20272.37509/01/2022 938,240.00912828X88 1,626
3.241US TREASURYUST0062 1,000,000.00 875,507.81 06/30/20270.50009/01/2022 859,570.00912828ZV5 1,672
4.180US TREASURYUST0064 1,000,000.00 897,823.26 10/31/20261.62510/25/2022 915,940.00912828YQ7 1,430
0.576US TREASURYUST0037 2,000,000.00 1,978,687.40 07/31/20250.25005/28/2021 1,806,100.0091282CAB7 973
0.620US TREASURYUST0038 1,000,000.00 987,818.02 08/31/20250.25005/28/2021 899,840.0091282CAJ0 1,004
0.601US TREASURYUST0040 1,000,000.00 989,266.30 07/31/20250.25008/11/2021 903,050.0091282CAB7 973
0.586US TREASURYUST0041 1,000,000.00 988,409.68 08/31/20250.25008/11/2021 899,840.0091282CAJ0 1,004
0.658US TREASURYUST0042 1,000,000.00 990,074.24 11/30/20250.37508/09/2021 896,370.0091282CAZ4 1,095
0.681US TREASURYUST0043 1,000,000.00 986,324.18 07/31/20250.25010/05/2021 903,050.0091282CAB7 973
0.707US TREASURYUST0044 2,000,000.00 1,967,002.06 10/31/20250.25010/05/2021 1,792,500.0091282CAT8 1,065
0.907US TREASURYUST0045 1,000,000.00 992,500.00 08/31/20260.75010/05/2021 888,130.0091282CCW9 1,369
0.892US TREASURYUST0046 1,000,000.00 989,051.44 07/31/20260.62510/05/2021 885,900.0091282CCP4 1,338
1.191US TREASURYUST0048 1,000,000.00 983,274.82 05/31/20260.75012/09/2021 893,910.0091282CCF6 1,277
1.176US TREASURYUST0049 1,000,000.00 987,351.44 06/30/20260.87512/09/2021 896,450.0091282CCJ8 1,307
1.210US TREASURYUST0050 1,000,000.00 985,809.51 09/30/20260.87512/09/2021 890,820.0091282CCZ2 1,399 Portfolio CITY
CP
Run Date: 01/06/2023 - 09:25 PM (PRF_PM2) 7.3.11
YTM
365
Par Value Book Value
Maturity
Date
Stated
RateMarket Value
November 30, 2022
Portfolio Details - Investments
Issuer
Portfolio Management
CITY OF MANHATTAN BEACH
Days to
Maturity
S&PCUSIP Investment #
Purchase
Date
Treasury Securities - Coupon
1.678US TREASURYUST0052 2,000,000.00 1,901,147.87 09/30/20250.25002/24/2022 1,799,460.0091282CAM3 1,034
2.581US TREASURYUST0053 1,000,000.00 936,228.42 10/31/20261.12504/08/2022 897,970.0091282CDG3 1,430
2.750US TREASURYUST0055 1,000,000.00 996,500.00 04/15/20252.62505/16/2022 963,520.0091282CEH0 866
3.187US TREASURYUST0056 1,000,000.00 895,371.44 07/31/20260.62506/17/2022 885,900.0091282CCP4 1,338
3.302US TREASURYUST0058 1,000,000.00 901,152.39 09/30/20260.87506/17/2022 890,820.0091282CCZ2 1,399
3.300US TREASURYUST0061 1,000,000.00 997,755.04 06/30/20273.25009/01/2022 973,980.0091282CEW7 1,672
3.309US TREASURYUST0063 1,000,000.00 975,664.06 07/31/20272.75009/01/2022 952,810.0091282CFB2 1,703 37,889,425.4435,757,320.0039,000,000.00Subtotal and Average 1.800 1,106 Total and Average 126,000,000.00 2.066 591120,894,780.00 124,553,044.63 Portfolio CITY
CP
Run Date: 01/06/2023 - 09:25 PM (PRF_PM2) 7.3.11
YTM
365
Par Value Book Value
Stated
RateMarket Value
November 30, 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 4,878,053.08 4,878,053.0807/01/2018 4,878,053.08SYS39903-39902 1 Subtotal and Average
Total Cash and Investments 130,878,053.08 2.066 591
1 125,772,833.08 129,431,097.71
Portfolio CITY
CP
Run Date: 01/06/2023 - 09:25 PM (PRF_PM2) 7.3.11
City of Manhattan Beach
Investment Portfolio Summary
As of November 30, 202
2 PORTFOLIO PROFILE Nov 30, 2022 Oct 31, 2022 Sep 30, 2022 Aug 31, 2022 Jul 31, 2022 Total Book Value (Excluding Trust Funds) $124,553,045 $124,553,045 $127,010,065 $127,239,505 $130,236,392 Increase/(Decrease) from Prior Period - (2,457,020) (229,440) (2,996,887) (2,998,458) Percentage Change 0.0% (1.9%) (0.2%) (2.3%) (2.3%)
Average Yield to Maturity (365 Days) 2.066% 1.991% 1.808% 1.669% 1.624% Increase/(Decrease) from Prior Period 0.076% 0.183% 0.139% 0.045% 0.060%
PORTFOLIO ALLOCATIONS
By Security Value (Par) Percent Par YTM Time Horizon Percent LAIF* $40,000,000 31.75% 2.007% Next 12 months 44%
Medium Term Notes 13,000,000 10.3% 2.536% Months 13-24 18% Federal Agencies 34,000,000 27.0% 2.258% Months 25-36 17% U.S. Treasuries 39,000,000 31.0% 1.800% Months 37-48 11% Total $126,000,000 100.0% 2.065% Months 49-60 9%
*LAIF YTM as of November 30, 2022 GOOD Total 100.0%
RECENT ACTIVITY
Security Date of Activity Maturity Date Purchase (Par) Maturing/Call YTM T - 1.625% Coupon 10/24/2022 10/31/2026 1,000,000 4.180% MTN - 2.9% Coupon 10/24/2022 9/12/2027 1,000,000 4.905% MTN - 0.95% Coupon 10/24/2022 9/1/2027 1,000,000 4.593% FHLB - 0.875% Coupon 10/24/2022 6/12/2026 1,000,000 4.343% FFCB - 4.5% Coupon 10/24/2022 7/27/2026 1,000,000 4.550% Total Purchases $5,000,00 0 4.514%
Matured: T - 2% Coupon 8/1/2022 7/31/2022 2,000,000 2.681% Matured: T - 2% Coupon 8/1/2022 7/31/2022 1,000,000 2.510% Matured: TVA - 1.875% Coupon 8/15/2022 8/15/2022 2,000,000 2.793% Matured: TVA - 1.875% Coupon 8/15/2022 8/15/2022 1,000,000 2.493% Matured: MTN - 2.5% Coupon 10/15/2022 10/15/2022 1,000,000 2.640% Matured: T - 2% Coupon 10/31/2022 10/31/2022 1,000,000 2.250% Total Maturing/Calls $8,000,000 2.605%
City of Manhattan Beach
Investment Portfolio Summary
As of November 30, 202
2 FUNDS HELD IN TRUST Value
Police/Fire Refunding Bonds $35.98
Fire Station 2 COPs 60.81
Marine Avenue Refunding Bonds 1.25
Pension Obligation Bonds 2,436.89
Metlox & Water/Wastewater Refunding Bonds 8,327.40
UUAD Assessment Refunding Bonds 512,323.66
UUAD Assessment District 12 & 14 403,578.84
UUAD Assessment District 4 204,036.73
PARS Investment Trust 2,761,607.27
Total Funds Held in Trust $3,892,408.83
As of November 30, 2022
3‐Month 6 ‐Month 2 ‐Year 5 ‐Year 10 ‐Year
September 2022 3.22% 3.71% 3.86% 3.70% 3.52%
October 2022 3.87% 4.31% 4.38% 4.18% 3.98%
November 2022 4.32% 4.61% 4.50% 4.06% 3.89%
Portfolio 2.066% 2.066% 2.066% 2.066% 2.066%
LAIF 2 007% 2 007% 2 007% 2 007% 2 007%
Portfolio, 2.066%
LAIF, 2.007%
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
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
December 2022 through November 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 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 5/15/27 3.28% T nc $1.0M 5/31/25 1.06% T nc $1.0M 5/12/26 1.96% MTN nc $1.0M 5/15/27 3.29% T nc $1.0M Jun 23 6/19/23 3.0% 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 Jun 27 6/30/27 3.30% T nc $1.0M 6/28/24 3.23% FHLB nc $1.0M 6/30/25 0.59% T nc $1.0M 6/12/26 4.34% FHLB nc $1.0M 6/30/27 3.24% T nc $1.0M Jul 23 7/24/23 2.8% 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 Jul 27 7/31/27 3.31% T nc $1.0M 7/31/23 2.5% T nc $1.0M 7/2/24 0.26% FNMA nc $1.0M 7/31/25 0.60% T nc $1.0M 7/31/26 3.19% T nc $1.0M 7/31/25 0.68% T nc $1.0M 7/27/26 4.55% FFCB nc $1.0M
Aug 23 8/31/23 2.4% 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 Aug 27 8/8/23 2.0% 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 8/15/26 3.29% T nc $1.0M 8/16/23 2.0% 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 23 9/20/23 3.5% 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 Sep 27 9/12/27 4.91% MTN nc $1.0M 9/12/23 0.5% FNMA nc $1.0M 9/13/24 1.77% FHLB nc $2.0M 9/23/25 2.72% FHLM C nc $2.0M 9/30/26 3.30% T nc $1.0M 9/1/27 4.59% MTN nc $1.0M 9/30/25 1.68% T nc $2.0M
Oct 23 10/18/23 2.6% 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 Oct 27 10/15/24 1.50% FNMA nc $2.0M 10/31/26 4.18% T nc $1.0M
10/24/24 1.85% MTN 9/6/24 $1.0M
Nov 23 Nov 24 11/18/24 3.25% FFCB nc $1.0M Nov 25 11/30/25 0.66% T nc $1.0M Nov 26 Nov 27 11/1/25 2.89% TVA nc $1.0M
Total By Year (excl LAIF) $16.0m $23.0m $22.0m $14.0m $11.0m % of Total Securities (excl LAIF) 19% 27% 26% 16% 13%
% of Total Investments (incl LAIF) 44% 18% 17% 11% 9%
Total Securities 68% $86.0M
LAIF 32% $40.0M
Total Investments 100%
$126.0M
Shaded rows indicate months with significant cash inflows.
City of Manhattan Beach
Investment Policy Compliance Chart
As of November 30, 202
2 Instrument % of Total Limit Compliant? Limit Compliant? Limit Compliant? Local Agency Investment Fund (LAIF) $40,000,000 31.7% $75,000,000 Yes Treasury Securities
US Treasury $39,000,000 31.0% 5 Years Yes
Total U.S. Treasuries (34) TRUE $39,000,000 31.0%
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 3.2% 10.0% Yes
Johnson & Johnson 1,000,000 0.8% 5.0% Yes 5 Years Yes
Merck 1,000,000 0.8% 5.0% Yes 5 Years Yes
Total Pharmaceuticals Sector $2,000,000 1.6% 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
Total Technology Sector $3,000,000 2.4% 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 10.3% 20.0% Yes Federal Agencies
Federal Home Loan Bank (FHLB) $9,000,000 7.1% 33.3% Yes 5 Years Yes Federal Farm Credit (FFCB) 13,000,000 10.3% 33.3% Yes 5 Years Yes Fannie Mae (FNMA) 8,000,000 6.3% 33.3% Yes 5 Years Yes
Freddie Mac (FHLMC) 2,000,000 1.6% 33.3% Yes 5 Years Yes Tennessee Valley Authority (TVA) 2,000,000 1.6% 33.3% Yes 5 Years Yes Total Federal Agencies (23) TRUE $34,000,000 27.0% 60.0% Yes Total Portfolio $126,000,000 100.0%
Dollar Compliance Percentage Compliance Term Compliance Temporary Suspension
Investments Book Value
LAIF $40,000,000.00
Treasury Securities 37,889,425.44
Federal Agency Issues-Coupon 33,962,952.67
Medium Term Notes 12,700,666.52
Subtotal Investments $124,553,044.63
Demand Deposit/Petty Cash
Cash in Bank $4,878,053.08
Petty Cash 2,771.41
$4,880,824.49
Subtotal City Cash & Investments $129,433,869.12
Bond Funds Held in Trust
Police Fire Refunding $35.98
Fire Station 2 COPs 60.81
Marine Ave Park Refunding 1.25
Metlox & Water/Wastewater Refunding 8,327.40
Utility Assessment Districts 1,119,939.23
Pension Obligation Bonds 2,436.89
Subtotal Bonds Held in Trust $1,130,801.56
Investment Trust Funds
PARS Pension Rate Stabilization Trust 2,761,607.27
Treasurer's Balance $133,326,277.95
CITY OF MANHATTAN BEACH
TREASURER'S REPORT
November 30, 2022
Subtotal Demand Deposit
November 2.007
October 1.772
September 1.513
0.00003699565555327
0.980760962
LAIF Earnings Ratio(2):
LAIF Fair Value Factor(1):
PMIA Daily(1): 1.63%
1.35LAIF Apportionment Rate(2):
PMIA Quarter to Date(1): 1.29%
304PMIA Average Life(1):
Treasuries
66.35%
Agencies
19.46%
Certificates of
Deposit/Bank Notes
6.63%
Time
Deposits
2.58%
Commercial
Paper
4.54%
Corporate
Bonds
0.26%
Loans
0.18%
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 12/14/22
Daily rates are now available here. View PMIA Daily Rates Quarterly Performance
Quarter Ended 09/30/22
Chart does not include $3,542,000.00 in mortgages, which equates to 0.002%. Percentages may not total 100% due to rounding.
Pooled Money Investment Account
Monthly Portfolio Composition (1)
11/30/22
$203.7 billion