City of Manhattan Beach
Finance Department
Investment Portfolio
June 2026
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.
Libby Bretthauer, Finance Director
Libby Bretthauer
CITY OF MANHATTAN BEACH
Portfolio Management
June 1, 2026 through June 30, 2026
Portfolio Summary
% of
Portfolio
Book
ValueInvestments
Market
Value
Par
Value
Days to
Maturity
Term
YTM
360 Equiv.
YTM
365 Equiv.
LAIF 62,546,916.38 142.28 3.764162,546,916.3862,546,916.38 3.816 Medium Term Notes 25,637,858.70 1,65717.33 4.29882725,653,200.0026,000,000.00 4.357 Federal Agency Issues - Coupon 19,994,799.94 1,75413.52 4.04897319,956,520.0020,000,000.00 4.104 Treasury Securities - Coupon 39,748,148.52 1,67026.87 3.46876139,509,940.0040,000,000.00 3.516 147,927,723.54 100.00%
Investments
147,666,576.38148,546,916.38 973 480 3.815 3.868
Cash
(not included in yield calculations)
Passbook/Checking 2,679,357.66 1 0.00012,679,357.662,679,357.66 0.000 150,607,081.20Total Cash and Investments 150,345,934.04151,226,274.04 973 480 3.815 3.868 Current Year
June 30
435,163.42
Fiscal Year To Date
3,693,148.43 3,693,148.43
Fiscal Year Ending
Average Daily Balance
Effective Rate of Return
154,829,563.66
3.42%
Total Earnings Month Ending
__________________________________________________ ____________________
CITY OF MANHATTAN BEACH,
Portfolio CITY
CP
Reporting period 06/01/2026-06/30/2026
Run Date: 08/07/2026 - 14:21 IE (PRF_PM1) 7.3.11
Report Ver. 7.3.11
YTM
365
Par Value Book Value
Maturity
Date
Stated
RateMarket Value
June 30, 2026
Portfolio Details - Investments
Average
BalanceIssuer
Portfolio Management
CITY OF MANHATTAN BEACH
Days to
Maturity
S&PCUSIP Investment #
Purchase
Date
LAIF
3.816Local Agency Invest. Fund3000 62,546,916.38 62,546,916.38 3.81607/01/2024 62,546,916.38SYS3000 1 62,546,916.3862,546,916.3862,546,916.3866,313,583.05Subtotal and Average 3.816 1 Medium Term Notes
4.905APPLE INCMTN0112 1,000,000.00 978,974.37 09/12/20272.90010/25/2022 985,850.00 AA+037833DB3 438
4.171APPLE INCMTN0121 1,000,000.00 992,446.00 05/10/20284.00006/12/2023 995,990.00 AA+037833ET3 679
4.282AMAZON.COM LLCMTN0116 1,000,000.00 987,754.54 08/22/20273.15002/09/2023 988,030.00 AA023135BC9 417
4.342AMAZON.COM LLCMTN0129 1,000,000.00 977,894.16 04/13/20293.45007/12/2024 975,840.00023135CG9 1,017
4.473AMAZON.COM LLCMTN0131 1,000,000.00 990,420.00 03/13/20314.25005/29/2026 984,660.00023135DD5 1,716
4.410BANK OF NY MELLOMTN0118 1,000,000.00 985,873.31 01/29/20283.40004/14/2023 986,400.00 A06406RAF4 577
4.500Caterpillar Financial ServiceMTN0134 1,000,000.00 999,980.00 05/15/20313.87505/29/2026 995,270.00 A14913V2D9 1,779
4.690COLGATE-PALM COMTN0123 2,000,000.00 1,992,460.00 03/01/20284.60007/10/2023 2,012,120.00 AA-194162AR4 609
3.743COSTCO COMPANIESMTN0117 1,000,000.00 977,714.34 06/20/20271.37504/14/2023 973,400.00 A+22160KAN5 354
3.765COSTCO COMPANIESMTN0119 1,000,000.00 977,458.09 06/20/20271.37504/18/2023 973,400.00 A+22160KAN5 354
3.978Cisco Systems IncMTN0132 1,000,000.00 1,021,610.29 02/26/20314.95005/29/2026 1,016,470.00 AA-17275RBS0 1,701
4.105Cisco Systems IncMTN0135 1,000,000.00 1,018,740.55 02/26/20314.95006/22/2026 1,016,470.00 AA-17275RBS0 1,701
4.593Johnson & JohnsonMTN0113 1,000,000.00 961,654.27 09/01/20270.95010/25/2022 965,140.00 AAA478160CP7 427
3.880Johnson & JohnsonMTN0114 1,000,000.00 967,475.06 09/01/20270.95012/22/2022 965,140.00 AAA478160CP7 427
4.374COCA-COLA COMTN0124 1,000,000.00 945,920.15 03/15/20281.00007/10/2023 947,390.00 A+191216DD9 623
3.556COCA-COLA COMTN0126 1,000,000.00 952,291.79 03/15/20281.00002/05/2024 947,390.00 A+191216DD9 623
5.538Mastercard IncMTN0136 1,000,000.00 963,327.96 03/26/20303.35006/22/2026 961,440.00 A+57636QAP9 1,364
4.163MICROSOFT CORPMTN0115 1,000,000.00 995,137.53 02/06/20273.30012/22/2022 994,740.00 AAA594918BY9 220
4.210MERCK & CO INCMTN0120 1,000,000.00 992,917.00 05/17/20284.05006/12/2023 997,090.00 A+58933YBH7 686
5.044PepsicoMTN0125 1,000,000.00 990,367.71 05/15/20284.45011/02/2023 1,003,170.00 A+713448FR4 684
4.493TOYOTA MOTOR CREDITMTN0127 1,000,000.00 1,004,688.60 01/05/20294.65002/05/2024 1,004,780.0089236TLL7 919
4.650TOYOTA MOTOR CREDITMTN0130 1,000,000.00 1,000,000.00 01/05/20294.65007/12/2024 1,004,780.0089236TLL7 919
4.183WALMART INCMTN0122 1,000,000.00 998,387.28 09/17/20261.05006/12/2023 993,950.00 AA931142ER0 78
4.349WALMART INCMTN0128 1,000,000.00 971,595.70 07/08/20293.25007/12/2024 974,300.00931142EN9 1,103
4.203WALMART INCMTN0133 1,000,000.00 992,770.00 04/15/20304.00005/29/2026 989,990.00931142FC2 1,384 25,637,858.7025,653,200.0026,000,000.0024,250,410.74Subtotal and Average 4.357 827 Federal Agency Issues - Coupon
3.850FARMER MACFAC0304 1,000,000.00 1,000,000.00 02/14/20283.85002/14/2023 994,350.0031422XW99 593
2.747FED FARM CR BKFAC0296 2,000,000.00 2,005,761.35 03/22/20273.15004/11/2022 1,987,740.00 AA+3133EJDV8 264
4.550FED FARM CR BKFAC0303 1,000,000.00 998,356.00 07/27/20264.50010/27/2022 1,000,440.003133ENV72 26
4.860FED FARM CR BKFAC0309 1,000,000.00 1,000,600.00 11/01/20284.87511/02/2023 1,017,690.00 AA+3133EPA47 854 Portfolio CITY
CP
Run Date: 08/07/2026 - 14:21 PM (PRF_PM2) 7.3.11
Report Ver. 7.3.11
YTM
365
Par Value Book Value
Maturity
Date
Stated
RateMarket Value
June 30, 2026
Portfolio Details - Investments
Average
BalanceIssuer
Portfolio Management
CITY OF MANHATTAN BEACH
Days to
Maturity
S&PCUSIP Investment #
Purchase
Date
Federal Agency Issues - Coupon
4.527FED FARM CR BKFAC0311 2,000,000.00 2,013,818.68 04/30/20294.75005/08/2024 2,030,500.003133ERDH1 1,034
4.048Federal Home Loan BankFAC0306 1,000,000.00 994,696.67 03/12/20273.00006/12/2023 992,400.00 AA+3130A3DU5 254
4.483Federal Home Loan BankFAC0307 1,000,000.00 992,380.97 06/09/20284.00007/10/2023 996,910.00 AA+3130AWC24 709
4.860Federal Home Loan BankFAC0308 1,000,000.00 995,280.00 09/08/20284.75011/02/2023 1,011,880.00 AA+3130AXEL8 800
4.514Federal Home Loan BankFAC0310 2,000,000.00 2,007,940.25 03/09/20294.62505/09/2024 2,018,360.003130B13J4 982
4.360Federal Home Loan BankFAC0316 1,000,000.00 1,000,000.00 06/25/20314.36006/25/2026 997,150.003130BBAZ8 1,820
4.200Federal Home Loan MortgageFAC0312 1,000,000.00 1,000,000.00 08/28/20304.20008/28/2025 993,410.00 AA+3134HBK34 1,519
3.597Fannie MaeFAC0305 1,000,000.00 967,060.33 10/08/20270.75004/14/2023 958,610.003135G05Y5 464
4.000Fannie MaeFAC0313 2,000,000.00 2,000,000.00 08/28/20304.00008/28/2025 1,985,000.00 AA+3136GAPG8 1,519
4.375Fannie MaeFAC0315 1,000,000.00 1,000,000.00 06/05/20314.37506/05/2026 996,860.003136GDFC2 1,800
3.659Tennessee Valley AuthorityFAC0314 2,000,000.00 2,018,905.69 08/01/20303.87509/11/2025 1,975,220.00 AA+880591FE7 1,492 19,994,799.9419,956,520.0020,000,000.0019,422,601.40Subtotal and Average 4.104 973 Treasury Securities - Coupon
2.665US TREASURYUST0054 2,000,000.00 1,987,053.43 01/31/20271.50004/08/2022 1,971,260.00912828Z78 214
3.287US TREASURYUST0057 1,000,000.00 997,803.32 08/15/20261.50006/17/2022 997,030.009128282A7 45
3.285US TREASURYUST0059 1,000,000.00 992,479.60 05/15/20272.37509/01/2022 985,480.00912828X88 318
3.295US TREASURYUST0060 1,000,000.00 992,394.92 05/15/20272.37509/01/2022 985,480.00912828X88 318
3.241US TREASURYUST0062 1,000,000.00 974,228.18 06/30/20270.50009/01/2022 965,070.00912828ZV5 364
4.180US TREASURYUST0064 1,000,000.00 991,520.60 10/31/20261.62510/25/2022 992,580.00912828YQ7 122
3.747US TREASURYUST0066 1,000,000.00 983,518.08 08/15/20272.25002/09/2023 979,300.009128282R0 410
0.907US TREASURYUST0045 1,000,000.00 992,500.00 08/31/20260.75010/05/2021 995,020.0091282CCW9 61
0.892US TREASURYUST0046 1,000,000.00 999,776.56 07/31/20260.62510/05/2021 997,470.0091282CCP4 30
1.210US TREASURYUST0050 1,000,000.00 999,165.27 09/30/20260.87512/09/2021 992,760.0091282CCZ2 91
2.581US TREASURYUST0053 1,000,000.00 995,094.50 10/31/20261.12504/08/2022 990,830.0091282CDG3 122
3.187US TREASURYUST0056 1,000,000.00 997,227.75 07/31/20260.62506/17/2022 997,470.0091282CCP4 30
3.302US TREASURYUST0058 1,000,000.00 994,185.43 09/30/20260.87506/17/2022 992,760.0091282CCZ2 91
3.300US TREASURYUST0061 1,000,000.00 997,755.04 06/30/20273.25009/01/2022 991,610.0091282CEW7 364
3.309US TREASURYUST0063 1,000,000.00 994,637.85 07/31/20272.75009/01/2022 985,350.0091282CFB2 395
3.787US TREASURYUST0065 1,000,000.00 989,357.05 07/31/20272.75012/22/2022 985,350.0091282CFB2 395
3.804US TREASURYUST0067 2,000,000.00 1,992,269.19 01/31/20283.50002/09/2023 1,979,380.0091282CGH8 579
4.816US TREASURYUST0068 1,000,000.00 992,415.19 08/31/20284.37511/01/2023 1,004,220.0091282CHX2 792
3.786US TREASURYUST0069 2,000,000.00 2,011,662.46 01/31/20294.00002/02/2024 1,991,400.0091282CJW2 945
4.430US TREASURYUST0070 1,000,000.00 992,220.00 02/28/20294.25005/08/2024 1,002,070.0091282CKD2 973
4.474US TREASURYUST0071 1,000,000.00 992,504.77 03/31/20294.12505/08/2024 998,830.0091282CKG5 1,004
4.421US TREASURYUST0072 1,000,000.00 1,009,000.00 04/30/20294.62505/08/2024 1,011,950.0091282CKP5 1,034 Portfolio CITY
CP
Run Date: 08/07/2026 - 14:21 PM (PRF_PM2) 7.3.11
YTM
365
Par Value Book Value
Maturity
Date
Stated
RateMarket Value
June 30, 2026
Portfolio Details - Investments
Average
BalanceIssuer
Portfolio Management
CITY OF MANHATTAN BEACH
Days to
Maturity
S&PCUSIP Investment #
Purchase
Date
Treasury Securities - Coupon
4.123US TREASURYUST0073 1,000,000.00 964,401.44 05/31/20292.75007/12/2024 961,600.0091282CES6 1,065
4.147US TREASURYUST0074 1,000,000.00 976,865.80 06/30/20293.25007/12/2024 974,340.0091282CEV9 1,095
4.062US TREASURYUST0075 1,000,000.00 941,450.13 10/31/20281.37507/12/2024 938,320.0091282CDF5 853
3.510US TREASURYUST0076 1,000,000.00 999,610.00 09/30/20293.50009/11/2025 979,690.0091282CLN9 1,187
3.569US TREASURYUST0077 1,000,000.00 1,023,995.63 01/31/20304.25009/11/2025 1,002,190.0091282CMG3 1,310
3.544US TREASURYUST0078 1,000,000.00 988,540.21 08/31/20293.12509/11/2025 969,140.0091282CFJ5 1,157
3.581US TREASURYUST0079 1,000,000.00 1,010,880.93 11/30/20293.87509/11/2025 990,350.0091282CFY2 1,248
3.601US TREASURYUST0080 1,000,000.00 1,000,900.00 03/31/20303.62503/09/2026 980,630.0091282CGS4 1,369
3.620US TREASURYUST0081 1,000,000.00 1,005,100.00 06/30/20303.75003/09/2026 983,750.0091282CHJ3 1,460
3.650US TREASURYUST0082 1,000,000.00 998,900.00 10/31/20303.62503/09/2026 977,420.0091282CPD7 1,583
4.050US TREASURYUST0083 1,000,000.00 998,470.00 07/31/20294.00005/29/2026 995,230.0091282CLC3 1,126
4.100US TREASURYUST0084 1,000,000.00 991,400.00 07/31/20303.87505/29/2026 988,200.0091282CNN7 1,491
4.605US TREASURYUST0085 1,000,000.00 984,665.19 06/30/20303.75006/22/2026 983,750.0091282CHJ3 1,460
4.190US TREASURYUST0086 2,000,000.00 1,994,200.00 05/31/20314.12506/22/2026 1,992,660.0091282CQU8 1,795 39,748,148.5239,509,940.0040,000,000.0038,628,081.19Subtotal and Average 3.516 761 154,829,563.66 148,546,916.38 3.868 480147,666,576.38 147,927,723.54Total and Average Portfolio CITY
CP
Run Date: 08/07/2026 - 14:21 PM (PRF_PM2) 7.3.11
YTM
365
Par Value Book Value
Stated
RateMarket Value
June 30, 2026
Portfolio Details - Cash
Average
BalanceIssuer
Portfolio Management
CITY OF MANHATTAN BEACH
Days to
Maturity
S&PCUSIP Investment #
Purchase
Date
Money Market Fund
0.000UNION BANK39901 2,679,357.66 2,679,357.6607/01/2024 2,679,357.66SYS39903-39902 1
0.00 154,829,563.66 151,226,274.04 3.868 480
1Average Balance
150,345,934.04 150,607,081.20Total Cash and Investments Portfolio CITY
CP
Run Date: 08/07/2026 - 14:21 PM (PRF_PM2) 7.3.11
PORTFOLIO PROFILE Jun 30, 2026May 31, 2026Apr 30, 2026Mar 31, 2026Feb 28, 2026 Total Book Value (Excluding Trust Funds)$147,927,724$148,684,535 $134,684,152 $107,378,006 $104,373,106 Increase/(Decrease) from Prior Period (756,812) 14,000,383 27,306,147 3,004,900 (991,420) Percentage Change (0.5%) 10.4% 25.4% 2.9% (0.9%)
Average Yield to Maturity (365 Days) 3.868% 3.823% 3.770% 3.764% 3.782% Increase/(Decrease) from Prior Period 0.045% 0.053% 0.006% (0.018%) 0.009%
PORTFOLIO ALLOCATIONS
By Security Value (Par) Percent Par YTMTime Horizon Percent LAIF* $62,546,916 42.11% 3.816%Next 12 months 57%
Medium Term Notes 26,000,000 17.5% 4.357%Months 13-24 13% Federal Agencies 20,000,000 13.5% 4.104%Months 25-36 12% U.S. Treasuries 40,000,000 26.9% 3.516%Months 37-48 7%
Total $148,546,916 100.0% 3.869%Months 49-60 10%
*LAIF YTM as of June 30, 2026 BAD Total 100.0%
RECENT ACTIVITY
Security Date of ActivityMaturity DatePurchase (Par)Maturing/Call YTM AMZN - 4.473115% Coupon 5/29/2026 3/13/2031 1,000,000 4.473% CSCO - 4.428675% Coupon 5/29/2026 2/26/2031 1,000,000 3.978% WMT - 4.202919% Coupon 5/29/2026 4/15/2030 1,000,000 4.203% CAT - 4.5000477% Coupon 5/29/2026 5/15/2031 1,000,000 4.500% T - 4.050088% Coupon 5/29/2026 7/31/2029 1,000,000 4.050% T - 4.099928% Coupon 5/29/2026 7/31/2030 1,000,000 4.100% FNMA - 4.375% Coupon 6/5/2026 6/5/2031 1,000,000 4.375% CSCO - 4.483981% Coupon 6/22/2026 2/26/2031 1,000,000 4.105% MA - 4.424144% Coupon 6/22/2026 3/26/2030 1,000,000 5.538% FHLB - 4.36% Coupon 6/25/2026 6/25/2031 1,000,000 4.360% T - 4.1701828% Coupon 6/22/2026 6/30/2030 1,000,000 4.605% T - 4.1900913% Coupon 6/22/2026 5/31/2031 2,000,000 4.190% Total Purchases $13,000,000 4.359%
Matured: MRK - 0.75% Coupon 2/24/2026 2/24/2026 1,000,000 0.950% Matured: AMZN - 1% Coupon 5/12/2026 5/12/2026 1,000,000 1.963% Matured: T - 0.75% Coupon 5/31/2026 5/31/2026 1,000,000 1.191% Matured: FHLB - 0.875% Coupon 6/12/2026 6/12/2026 1,000,000 4.343% Matured: T - 0.875% Coupon 6/30/2026 6/30/2026 1,000,000 1.176% Total Maturing/Calls $5,000,000 1.925%
City of Manhattan Beach
As of June 30, 2026
Investment Portfolio Summary
City of Manhattan Beach
As of June 30, 2026
Investment Portfolio Summary
3-Month 6-Month 2-Year 5-Year 10-YearApril 20263.70% 3.72% 3.80% 3.94% 4.32%May 20263.69% 3.78% 3.98% 4.13% 4.45%June 20263.81% 3.87% 4.11% 4.21% 4.47%Portfolio3.868% 3.868% 3.868% 3.868% 3.868%LAIF3.816%3.816%3.816%3.816%3.816%Portfolio, 3.868%LAIF, 3.816%0.00%1.00%2.00%3.00%4.00%5.00%6.00%US Treasuries Yield Curvewww.treas.govMonthly yields are interpolated by the Treasury from the daily yield curve.
CITY OF MANHATTAN BEACH HELD TO MATURITY
Portfolio Maturity Structure Rolling 60 Months
July 2026 through June 2031
Mat. Mth YTM Call Amt 0 Mat. Mth YTM Call Amt 0 Mat. Mth YTM Call Amt 0 Mat. Mth YTM Call Amt 0 Mat. Mth YTM Call Amt Jul 26 7/31/26 0.9% T nc $1.0M Jul 27 7/31/27 3.31% T nc $1.0MJul 28 Jul 29 7/8/29 4.35% WMT nc $1.0MJul 30 7/31/30 4.10% T nc $1.0M 7/31/26 3.2% T nc $1.0M 7/31/27 3.79% T nc $1.0M 7/31/29 4.05% T nc $1.0M 7/27/26 4.6% FFCB nc $1.0M
Aug 26 8/31/26 0.9% T nc $1.0M Aug 27 8/15/27 3.75% T nc $1.0MAug 28 8/31/28 4.82% T nc $1.0MAug 29 8/31/29 3.54% T nc $1.0MAug 30 8/28/30 4.20% FHLMC8/28/26 $1.0M 8/15/26 3.3% T nc $1.0M 8/22/27 4.28% AMZN nc $1.0M 8/28/30 4.00% FNMA 8/28/26 $2.0M 8/1/30 3.66% TVA nc $2.0M
Sep 26 9/30/26 1.2% T nc $1.0M Sep 27 9/12/27 4.91% AAPL nc $1.0MSep 28 9/8/28 4.86% FHLB nc $1.0MSep 29 9/30/29 3.51% T nc $1.0MSep 30 9/30/26 3.3% T nc $1.0M 9/1/27 4.59% JNJ nc $1.0M
9/17/26 4.2% WMT nc $1.0M 9/1/27 3.88% JNJ nc $1.0M
Oct 26 10/31/26 2.6% T nc $1.0M Oct 27 10/8/27 3.60% FNMA nc $1.0MOct 28 10/31/28 4.06% T nc $1.0MOct 29 Oct 30 10/31/30 3.65% T nc $1.0M 10/31/26 4.2% T nc $1.0M
Nov 26 Nov 27 Nov 28 11/1/28 4.86% FFCB nc $1.0MNov 29 11/30/29 3.58% T nc $1.0MNov 30 Dec 26 Dec 27 Dec 28 Dec 29 Dec 30
Jan 27 1/31/27 2.7% T nc $2.0M Jan 28 1/29/28 4.41% BK nc $1.0MJan 29 1/5/29 4.49% TOYOTAnc $1.0MJan 30 1/31/30 3.57% T nc $1.0MJan 31 1/31/28 3.80% T nc $2.0M 1/31/29 3.79% T nc $2.0M
1/5/29 4.65% TOYOTAnc $1.0M
Feb 27 2/6/27 4.2% MSFT nc $1.0M Feb 28 2/14/28 3.85% FAMCAnc $1.0MFeb 29 2/28/29 4.43% T nc $1.0MFeb 30 Feb 31 2/26/31 3.98% CSCO nc $1.0M
2/26/31 4.11% CSCO nc $1.0M
Mar 27 3/22/27 2.7% FFCB nc $2.0M Mar 28 3/1/28 4.69% CL nc $2.0MMar 29 3/31/29 4.47% T nc $1.0MMar 30 3/31/30 3.60% T nc $1.0MMar 31 3/13/31 4.47% AMZN nc $1.0M 3/12/27 4.0% FHLB nc $1.0M 3/15/28 4.37% KO nc $1.0M 3/9/29 4.51% FHLB nc $2.0M 3/26/30 5.54% MA nc $1.0M 3/15/28 3.56% KO nc $1.0M
Apr 27 Apr 28 Apr 29 4/13/29 4.34% AMZN nc $1.0MApr 30 4/15/30 4.20% WMT nc $1.0MApr 31 4/30/29 4.42% T nc $1.0M
4/30/29 4.53% FFCB nc $2.0M
May 27 5/15/27 3.3% T nc $1.0M May 28 5/10/28 4.17% AAPL nc $1.0MMay 29 5/31/29 4.12% T nc $1.0MMay 30 May 31 5/15/31 4.50% CAT nc $1.0M 5/15/27 3.3% T nc $1.0M 5/17/28 4.21% MRK nc $1.0M 5/31/31 4.19% T nc $2.0M 5/15/28 5.04% PEP nc $1.0M
Jun 27 6/20/27 3.7% COST nc $1.0M Jun 28 6/9/28 4.48% FHLB nc $1.0MJun 29 6/30/29 4.15% T nc $1.0M Jun 30 Jun 31 6/5/31 4.38% FNMA nc $1.0M 6/30/27 3.2% T nc $1.0M 6/30/30 3.62% T nc $1.0M 6/25/31 4.36% FHLB nc $1.0M 6/30/27 3.3% T nc $1.0M 6/30/30 4.60% T nc $1.0M
6/20/27 3.8% COST nc $1.0M
Total By Year (excl LAIF) $22.0m $20.0m $18.0m $11.0m $15.0m Average YTM 3.1% 4.1% 4.4% 4.0% 4.1%
% of Total Securities (excl LAIF) 26% 23% 21% 13% 17%
% of Total Investments (incl LAIF) 57% 13% 12% 7% 10%
Total Securities 58% $86.0M
LAIF 42% $62.5M
Total Investments 100% $148.5M
Shaded rows indicate months with significant cash inflows.
City of Manhattan Beach
Investment Policy Compliance Chart
As of June 30, 2026
Instrument % of Total Limit Compliant? Limit Compliant? Limit Compliant? Local Agency Investment Fund (LAIF) $62,546,916 42.1% $75,000,000 Yes Treasury Securities
US Treasury $40,000,000 26.9% 5 Years Yes
Total U.S. Treasuries (36)TRUE $40,000,000 26.9%
Medium Term (Corporate) Notes
Coca-Cola 2,000,000 1.3% 5.0% Yes 5 Years Yes
Amazon 3,000,000 2.0% 5.0% Yes 5 Years Yes
Costco 2,000,000 1.3% 5.0% Yes 5 Years Yes
Walmart 3,000,000 2.0% 5.0% Yes 5 Years Yes
Colgate-Palmolive 2,000,000 1.3% 5.0% Yes 5 Years Yes
Pepsi Cola 1,000,000 0.7% 5.0% Yes 5 Years Yes
Total Consumer Goods Sector $13,000,000 8.0% 10.0% Yes
Bank of NY 1,000,000 0.7% 5.0% Yes 5 Years Yes
Toyota Motor Credit Corp 2,000,000 1.3% 5.0% Yes 5 Years Yes Caterpillar Financial Service 1,000,000 0.7% 5.0% Yes 5 Years Yes Mastercard Inc 1,000,000 0.7%
Total Financial Sector $4,000,000 2.7% 10.0% Yes
Johnson & Johnson 2,000,000 1.3% 5.0% Yes 5 Years Yes
Merck 1,000,000 0.7% 5.0% Yes 5 Years Yes
Total Pharmaceuticals Sector $3,000,000 2.0% 10.0% Yes
Apple Inc 2,000,000 1.3% 5.0% Yes 5 Years Yes
Microsoft Corp 1,000,000 0.7% 5.0% Yes 5 Years Yes
Cisco Systems Inc 2,000,000 1.3% 5.0% Yes 5 Years Yes
Total Technology Sector $5,000,000 3.4% 10.0% Yes
Total Medium Term Notes (25)TRUE $26,000,000 17.5% 20.0% Yes Federal Agencies
Federal Home Loan Bank (FHLB) $6,000,000 4.0% 33.3% Yes 5 Years Yes Federal Farm Credit (FFCB) 6,000,000 4.0% 33.3% Yes 5 Years Yes Fannie Mae (FNMA) 4,000,000 2.7% 33.3% Yes 5 Years Yes
Freddie Mac (FHLMC) 1,000,000 0.7% 33.3% Yes 5 Years Yes Frarmer Mac (FAMCA) 1,000,000 0.7% 33.3% Yes 5 Years Yes Tennessee Valley Authority (TVA) 2,000,000 1.3% 33.3% Yes 5 Years Yes Total Federal Agencies (15)TRUE $20,000,000 13.5% 60.0% Yes Total Portfolio $148,546,916 100.0%
Dollar Compliance Percentage Compliance Term Compliance Temporary Suspension
Investments Cash Balances by Fund
LAIF $62,546,916.38 General Fund $46,849,910.86
Treasury Securities 39,748,148.52 Street Lighting & Landscape Fund* (172,413.99) Government Agency Issues 19,994,799.94 Gas Tax Fund 6,929,578.45 Medium Term Notes 25,637,858.70 Asset Forfeiture Fund 1,262,506.16 Subtotal Investments $147,927,723.54 Police Safety Grants Fund 399,691.30 Grants Fund (474,998.28)
Prop. A Fund 1,599,163.89
Prop. C Fund 1,927,995.75
Demand Deposit/Petty Cash AB 2766 Air Quality Fund 389,203.54 Cash in Bank $2,679,357.66 Measure R Fund 2,446,993.05
Petty Cash 1,008.35 Measure M Fund (1,600,898.19)
$2,680,366.01 Measure W Fund 9,092,777.94
Capital Improvements Fund 12,927,534.81
Subtotal City Cash & Investments $150,608,089.55 Fire Station #2 Construction Fund 256,513.47 UUAD Construction Fund 1,372,159.56
Water Fund 13,413,686.09
Bond Funds Held in Trust Stormwater Fund 5,213,587.00
Police Fire Refunding $63,331.91 Sewer Fund 18,546,449.03 Fire Station 2 COPs 125,875.28 Parking Fund 7,776,422.99 Marine Ave Park Refunding 46,950.00 County Parking Lots Fund 667,765.03 Metlox & Water/Wastewater Refunding 83,000.83 State Pier and Parking Lot Fund 1,405,236.56 Utility Assessment Districts 1,218,003.38 Insurance Reserve Fund 12,983,344.74 Pension Obligation Bonds 983,779.71 Information Technology Fund 2,260,459.54 2025 COPs 321,815.61 Fleet Management Fund 2,240,975.79 Subtotal Bonds Held in Trust $2,842,756.72 Building Maintenance & Operations Fund 60,629.27 Special Assessment Redemption Fund 755,248.47
Special Assessment UAD 12 & 14 Fund 1,008,673.86
Special Assessment UAD 19-4 Fund 453,932.66
Investment Trust Funds Pension Trust Fund* (153,316.68) PARS Pension Rate Stabilization Trust 6,545,670.67 Special Deposits Fund 1,736,043.84 Section 115 Trust Fund 8,421,660.43
Total Treasurer's Balance $159,996,516.94 Total All Funds $159,996,516.94 * The negative cash balance in the Street Lighting & Landscape Fund will be offset by a General Fund transfers at year-end. The Pension Trust Fund typically has a negative balance at this time of year and will be reimbursed by the California Employees' Retiree Benefit Trust (CERBT) Fund at a later date.
CITY OF MANHATTAN BEACH
TREASURER'S REPORT
June 30, 2026
Preliminary
Subtotal Demand Deposit
June 3.816
May 3.810
April 3.811
March 3.826
February 3.871
January 3.931
LAIF Apportionment Rate(2): 3.92
LAIF Earnings Ratio(2): 0.00010743238142967
LAIF Administrative Cost(1)*:0.22
PMIA Average Life(1): 269
LAIF Fair Value Factor(1): 0.998872382
PMIA Daily(1): 3.83
PMIA Quarter to Date(1): 3.81
Treasuries
57.20%
Agencies
21.76%
Certificates of
Deposit/Bank Notes
10.82%
Time
Deposits
2.78%
Commercial
Paper
6.72%
Corporate
Bonds
0.60%
Loans
0.12%
Notes: The apportionment rate includes interest earned on the CalPERS Supplemental Pension Payment pursuant to Government Code 20825 (c)(1) .
*The percentage of administrative cost equals the total administrative cost divided by the quarterly interest earnings. The law provides that administrative costs are not to exceed 5% of quarterly EARNINGS of the fund. However, if the 13-week Daily Treasury Bill Rate on the last day of the fiscal year is below 1%, then administrative costs shall not exceed 8% of quarterly EARNINGS of the fund for the subsequent fiscal year.
Source:
(1) State of California, Office of the Treasurer
(2) State of California, Office of the Controller
PMIA Average Monthly
Effective Yields(1)
PMIA/LAIF Performance Report
as of 07/22/26
Daily rates are now available here. View PMIA Daily Rates Quarterly Performance
Quarter Ended 06/30/26
Chart does not include $749,000.00 in mortgages, which equates to 0.0004%. Percentages may not total 100% due to rounding.
Pooled Money Investment Account
Monthly Portfolio Composition (1)
06/30/26
$193.1 billion