This statement is for the period fromSeptember 1, 2023 toSeptember 30, 2023 000003359 02 SP 000638565878393 S
CITY OF MENIFEE
ATTN: ROCHELLE CLAYTON
29844 HAUN ROAD
MENIFEE, CA 92586
If you have any questions regarding your account or this statement, please contact your Administrator.
SAMIR SOMERVILLE-POWEL
CN-OH-W5IT
CN-OH-W5IT
425 WALNUT STREET
CINCINNATI OH 45202
TS CIN RC #6 - MANUAL
CN-OH-W6TC
Phone 513-629-8204
E-mail [email protected]
Portfolio Manager:
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FDTDAAADFTDTFDAATTTTFDTAFFFADDFFTDFADTDATTAADAFDAFTDDAADFADTFFADT ACCOUNT NUMBER:
CITY OF MENIFEE
QUESTIONS?
10101010101010101010
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10100000000110000000
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10100111000101011000
10010101110100001101
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10000000110110111000
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TABLE OF CONTENTS
........................................................................................ .................................................................................................... .................................................................................................. ..................................................................................................... ........................................................................................................... ................................................................................................. .....................................................................................................
Market Value Summary
Asset Summary
Income Summary
Cash Summary
Asset Detail
Transaction Detail
Bond Summary
1 2
3 4
5 8
9 9338
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Schedule
Page
10101010101010101010
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10100000000110000000
10011111001000010111
11010000011001001110
11000100010001001101
10100111000100011100
10010101110000100001
11010000001101000110
11001110010111001101
10000000101101111000
10101000111101110011
10000010011111001100
10100101011010111011
10001011001101110100
10000101010110000011
10110000110000011110
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CITY OF MENIFEE
ACCOUNT NUMBER:September 1, 2023 toSeptember 30, 2023
MARKET VALUE SUMMARY
Taxable Interest36,800.40426,523.27
Fees and Expenses-521.72-4,663.94
Change in Investment Value-68,530.00733,340.00
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Current Period
09/01/23 to09/30/23
Year-to-Date
01/01/23 to09/30/23
Beginning Market Value$62,606,516.24$61,419,065.59
Ending Market Value$62,574,264.92$62,574,264.92
Current Period09/01/23 to09/30/23
1010101010101010101010110110010011010011
10100000000110000000
10011111001000010111
11010000011001010010
11000100000000000001
10100111000100110000
10010101110100101101
11010000001111111100
11001110001101010101
10000000110111111000
10101000101101100011
10000010010101111100
10100000111100110011
10001010011101100100
10011100101000111101
10111000111001111010
11010111110001010101
10111001000110100010
11111111111111111111
CITY OF MENIFEE
ACCOUNT NUMBER:September 1, 2023 toSeptember 30, 2023
ASSET SUMMARY
Cash & Equivalents1,764,254.922.8087,441.10
Taxable Bonds60,810,010.0097.20595,250.00
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Assets
Current Period
Market Value
% of
Total
Estimated
Annual Income
Total Market Value$62,574,264.92100.00$682,691.10
CITY OF MENIFEE
ACCOUNT NUMBER:September 1, 2023 toSeptember 30, 2023
INCOME SUMMARY
Taxable Interest36,800.40426,523.27
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Income Received
Current Period
Income Received
YTD
Total Current Period Income$36,800.40$426,523.27
1010101010101010101010110110010010010011
10100000000110000000
10011111001000010111
11010000001001001110
11000101110000001101
10100111000100100100
10010101110000101111
11010000001010101110
11001110010110101101
10000000110010001000
10101000111101111011
10000011010101011000
10100011110010111011
10001001101111100000
10010111111111111001
10110110101110100000
11011111010010101101
10111001100110011010
11111111111111111111
CITY OF MENIFEE
ACCOUNT NUMBER:September 1, 2023 toSeptember 30, 2023
CASH SUMMARY
Taxable Interest36,800.4036,800.40
Fees and Expenses-521.72-521.72
Net Money Market Activity-36,278.68-36,278.68
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Principal
Cash
Income
Cash
Total
Cash
Beginning Cash 09/01/2023-$1,221,761.45$1,221,761.45$0.00 Ending Cash 09/30/2023-$1,258,561.85$1,258,561.85$0.00
CITY OF MENIFEE
ACCOUNT NUMBER:September 1, 2023 toSeptember 30, 2023
Cash/Money Market
Total Cash/Money Market
US Government Issues
ASSET DETAIL
First American Government -31846V203
Oblig Fd Cl Y
#3763
1,764,254.9201.00001,764,254.921,764,254.920.002.887,441.104.96 Principal Cash-1,258,561.85-1,258,561.85-2.0
Income Cash1,258,561.851,258,561.852.0
Federal Farm Credit Bks -3133EMF98
0.650 06/09/2025
4,000,000.00092.40003,696,000.004,000,000.00-304,000.005.926,000.000.70 Federal Farm Credit Bks -3133EML67
0.800 06/22/2026
5,000,000.00089.01704,450,850.004,977,500.00-526,650.007.140,000.000.90 Federal Home Loan Bks -3130AMXJ6
0.500 09/30/2024
5,000,000.00095.09104,754,550.005,000,000.00-245,450.007.625,000.000.53 Total Cash
$1,764,254.92$1,764,254.92$0.002.8$87,441.10
$0.00$0.00$0.000.0$0.00
$1,764,254.92$1,764,254.92$0.002.8$87,441.10
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Cash
Security Description
Shares/Face AmtPriceMarket ValueTax Cost
Unrealized
Gain/Loss
Percent
of Total
Portfolio
Estimated
Annual Income
Estimated
Current Yield
Cash & Equivalents
Total Cash & Equivalents
Taxable Bonds
1010101010101010101010110110010001010011
10100000000110000000
10011111001000011111
11010000001001011110
11000101100001001101
10100111000100101000
10010101110110111101
11010000001010100000
11001110001000100101
10000000111100110000
10101000011101110011
10000011110100000100
10100101011001101111
10001011111011100100
10011101101000001001
10111011010011101010
11011010110100110101
10111011000110100010
11111111111111111111
CITY OF MENIFEE
ACCOUNT NUMBER:September 1, 2023 toSeptember 30, 2023
ASSET DETAIL (continued)
Federal Home Loan Bks -3130AMNZ1
0.500 12/16/2024
3,000,000.00094.29302,828,790.003,000,000.00-171,210.004.515,000.000.53 Federal Home Loan Bks -3130AMST0
0.625 03/24/2025
5,000,000.00093.14204,657,100.005,000,000.00-342,900.007.431,250.000.67 Federal Home Loan Bks -3130AMQ54
0.700 09/16/2025
4,000,000.00091.58203,663,280.004,000,000.00-336,720.005.928,000.000.76 Federal Home Loan Bks -3130AMX31
0.750 06/30/2025
5,000,000.00092.36904,618,450.005,000,000.00-381,550.007.437,500.000.81 Federal Home Loan Bks -3130AMM33
0.875 07/16/2026
5,000,000.00089.25904,462,950.005,000,000.00-537,050.007.143,750.000.98 Federal Home Loan Bks -3130AMT28
1.000 06/30/2026
5,000,000.00089.45204,472,600.005,000,000.00-527,400.007.150,000.001.12 Federal Home Loan Bks -3130AMWZ1
1.050 06/30/2026
5,000,000.00089.57904,478,950.005,000,000.00-521,050.007.252,500.001.17 U S Treasury Note -912828ZF0
0.500 03/31/2025
5,000,000.00093.18404,659,200.004,984,375.00-325,175.007.425,000.000.54 U S Treasury Note -91282CBT7
0.750 03/31/2026
4,000,000.00090.43003,617,200.003,998,750.00-381,550.005.830,000.000.83 U S Treasury Note -912828Z52
1.375 01/31/2025
3,000,000.00094.95302,848,590.003,091,875.00-243,285.004.641,250.001.45 9338
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Security Description
Shares/Face AmtPriceMarket ValueTax Cost
Unrealized
Gain/Loss
Percent
of Total
Portfolio
Estimated
Annual Income
Estimated
Current Yield
CITY OF MENIFEE
ACCOUNT NUMBER:September 1, 2023 toSeptember 30, 2023
Total US Government Issues
ASSET DETAIL (continued)
ASSET DETAIL MESSAGES
Time of trade execution and trading party (if not disclosed) will be provided upon request.
Publicly traded assets are valued in accordance with market quotations or valuation methodologies from financial industry services believed by us to be reliable. Assets that are not publicly traded may be reflected at values from other external sources. Assets for which a current value is not available may be reflected at a previous value or as not valued, at par value, or at a nominal value. Values shown do not necessarily reflect prices at which assets could be bought or sold. Values are updated based on internal policy and may be updated less frequently than statement generation.
U S Treasury Note -912828YM6
1.500 10/31/2024
3,000,000.00095.90602,877,180.003,111,562.50-234,382.504.645,000.001.56 U S Treasury Note -912828K74
2.000 08/15/2025
3,000,000.00094.48802,834,640.003,175,312.50-340,672.504.560,000.002.12 U S Treasury Note -912828M56
2.250 11/15/2025
2,000,000.00094.48401,889,680.002,140,625.00-250,945.003.045,000.002.38 $60,810,010.00$66,480,000.00-$5,669,990.0097.2$595,250.00 $60,810,010.00$66,480,000.00-$5,669,990.0097.2$595,250.00 $62,574,264.92$68,244,254.92-$5,669,990.00100.0$682,691.10
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Security Description
Shares/Face AmtPriceMarket ValueTax Cost
Unrealized
Gain/Loss
Percent
of Total
Portfolio
Estimated
Annual Income
Estimated
Current Yield
Total Taxable Bonds
Total Assets
Estimated Current Yield
1010101010101010101010110110010000010011
10100000000110000000
10011111001000000111
11010000001001000010
11000101010000000001
10100111000101011100
10010101110111001101
11010000001100011100
11001110000011100101
10000000101010000000
10101001011011011011
10000010111010001000
10100101111011101111
10001011000010111100
10010101111000000101
10101001101100001010
11000110010101110101
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CITY OF MENIFEE
ACCOUNT NUMBER:September 1, 2023 toSeptember 30, 2023
TRANSACTION DETAIL
09/01/23Asset IncomeInterest Earned On
First Am Govt Ob Fd Cl Y
7,175.40
Interest From 8/1/23 To 8/31/23
09/18/23Asset IncomeInterest Earned On
F H L B Deb 0.700% 9/16/25
14,000.00
0.0035 USD/$1 Pv On 4,000,000 Par Value Due 9/16/23
09/25/23FeeTrust Fees Collected
Charged For Period 08/01/2023 Thru 08/31/2023
-521.72
09/25/23Asset IncomeInterest Earned On
F H L B Deb 0.625% 3/24/25
15,625.00
0.003125 USD/$1 Pv On 5,000,000 Par Value Due 9/24/23
PurchaseCombined Purchases For The Period 9/ 1/23 - 9/30/23 Of First Am Govt Ob Fd Cl Y
-36,278.6836,278.68
$1,221,761.45-$1,221,761.45$68,207,976.24
$1,258,561.85-$1,258,561.85$68,244,254.92
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Date
PostedActivityDescription
Income
Cash
Principal
CashTax Cost
Beginning Balance 09/01/2023
Ending Balance 09/30/2023
CITY OF MENIFEE
ACCOUNT NUMBER:September 1, 2023 toSeptember 30, 2023
BOND SUMMARY
20230.000.000.00
202411,000,000.0010,460,520.0017.21
202531,000,000.0028,866,940.0047.47
202624,000,000.0021,482,550.0035.32
Aaa66,000,000.0060,810,010.00100.00
AA+46,000,000.0042,083,520.0069.20
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Par ValueMarket Value
Percentage of
Category
MATURITY
Total of Category$66,000,000.00$60,810,010.00100.00
MOODY'S RATING
Total of Category$66,000,000.00$60,810,010.00100.00
S&P RATING
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10100000000110000000
10011111001000010111
11010000001001000110
11000101000001010101
10100111000100110100
10010101110111101101
11010000001011001110
11001110010001111101
10000000111100011000
10101000001011111011
10000011100111110000
10100100011111101011
10001100000001000000
10001010011101100101
10111010000100110010
11000100010001100101
10111000000010111010
11111111111111111111
CITY OF MENIFEE
ACCOUNT NUMBER:September 1, 2023 toSeptember 30, 2023
Data contained within this section excluded Mutual Funds, Exchange Traded Funds, and Closed-Ended Funds.
BOND SUMMARY (continued)
BOND SUMMARY MESSAGES
N/A20,000,000.0018,726,490.0030.80
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Par ValueMarket Value
Percentage of
Category
Total of Category$66,000,000.00$60,810,010.00100.00
Glossary
The accumulation of the value of a discounted bond until maturity.
The difference between the proceeds and the Prior
Market Value of the transaction.
The difference between the Market Value and the
Adjusted Prior Market Value.
A figure calculated using the beginning Market Value for the fiscal year, adjusted for all asset related transactions during the period, employing an average cost methodology.
The decrease in value of a premium bond until maturity. - Anything owned that has commercial exchange value. Assets may consist of specific property or of claims against others, in contrast to obligations due to others (liabilities).
A measurement of a bond's quality based upon the issuer's financial condition. Ratings are assigned by independent rating services, such as Moody's, or S&P, and reflect their opinion of the issuer's ability to meet the scheduled interest and principal repayments for the bond.
Cash activity that includes both income and principal cash categories. - Also reported as Gain/Loss in Period in the Asset Detail section.
This figure shows the market appreciation (depreciation) for the current period. - The original price of an asset, normally the purchase price or appraised value at the time of acquisition. Book Value method maintains an average cost for each asset. - The original price of an asset, normally the purchase price or appraised value at the time of acquisition. Tax Basis uses client determined methods such as Last-In-First-Out (LIFO), First-In-First-Out (FIFO), Average, Minimum Gain, and Maximum Gain. (Also reported as Accrued Income)
Income earned but not yet received, or expenses
incurred but not yet paid, as of the end of the reporting period.
The amount of income a particular asset is anticipated to earn over the next year. The shares multiplied by annual income rate. - The annual rate of return on an investment expressed as a percentage. For stocks, yield is calculated by taking the annual dividend payments divided by the stock's current share price. For bonds, yield is calculated by the coupon rate divided by the bond's market price. - (Also reported as Ex-Date) For stock trades, the person who owns the security on the ex-dividend date will earn the dividend, regardless of who currently owns the stock.
A category of cash comprised of ordinary earnings derived from investments, usually dividends and interest.
The price per unit multiplied by the number of units.
- The date on which an obligation or note matures.
- The date on which a dividend, mutual fund distribution, or interest on a bond will be made.
A category of cash comprised of cash, deposits, cash withdrawals and the cash flows generated from purchases or sales of investments.
- The Proceeds less the Cost Basis of a transaction.
- The date on which a trade settles and cash or securities are credited or debited to the account.
The date a trade is legally entered into.
- The difference between the Market Value and Cost Basis at the end of the current period.
- The annual rate of return on an investment expressed as a percentage. For stocks, yield is calculated by the annual dividend payments divided by the stock's current share price.
For bonds, yield is calculated by the coupon rate divided by the bond's market price.
The terms defined in this glossary are only for use when reviewing your account statement. Please contact your Relationship Manager with any questions.
Accretion -
Adjusted Prior Market Realized Gain/Loss -
Adjusted Prior Market Unrealized Gain/Loss -
Adjusted Prior Market Value -
Amortization -
Asset
Bond Rating -
Cash -
Change in Unrealized Gain/Loss
Cost Basis (Book Value)
Cost Basis (Tax Basis)
Ending Accrual -
Estimated Annual Income -
Estimated Current Yield
Ex-Dividend Date
Income Cash -
Market Value -
Maturity Date
Payable Date
Principal Cash -
Realized Gain/Loss Calculation
Settlement Date
Trade Date -
Unrealized Gain/Loss
Yield on/at Market