City of Pasadena
Quarterly
Investment Report
Quarter Ending 12/31/2021
Prepared by the Department of Finance
Treasury Division
Attachment A
Quarterly Investment Report
I. Pooled Investment Portfolio
II. Capital Endowment Portfolio
III. Power Reserve Portfolio
IV. Miscellaneous Portfolios
V. Investments Held by Trustees
VI. PARS Section 115 Trust
I. Pooled Investment Portfolio
CITY OF PASADENA
Treasurer's Pooled Investment Portfolio
Vicken Erganian
City Treasurer
December 2021
PORTFOLIO COMPLIANCE
The Treasurer's investment portfolio is in compliance with the California Government Code Section 53601 and the City's Investment Policy approved by the City Council on May 24, 2021. The holdings in the investment pool are in compliance with the current investment policy statement. Further information on compliance issues can be obtained by calling the City of Pasadena Treasurer's Office. A complete copy of the monthly investment report on the investment portfolio including a detailed listing of each investment, is available by calling the Treasurer's office at (626)744-4422.
PORTFOLIO STRUCTURE AS OF 12/31/2021
TYPE MARKET VALUE PERCENT
Money Market - Collateralized 15,987,541 2.65%
Certificates of Deposit 1,250,000 0.21%
Municipal Bonds 43,746,264 7.24%
Corporate Bonds 89,503,832 14.82%
Federal Agencies 286,124,998 47.37%
US Treasury Securities 44,480,903 7.36%
Supernationals 19,699,196 3.26%
Money Market-CAMP 88 0.00%
LAIF 101,334,683 16.78%
Cash in Bank 1,944,987 0.32%
TOTALS: 604,072,492 100.00%
Accrued Interest Receivable 944,076
GRAND TOTAL: 605,016,569
PORTFOLIO LIQUIDITY AS OF 12/31/2021
Percent of
Aging Interval Par Value Portfolio
0-30 Days 119,267,299 19.86%
31 days - 1 Year 33,885,000 5.64%
1 - 2 Years 60,070,000 10.00%
2 - 3 Years 110,300,000 18.37%
3 - 4 Years 172,242,778 28.68%
4 - 5 Years 104,748,000 17.44%
Over 5 Years - 0.00%
TOTAL: 600,513,077 100.00%
Dec-21 Nov-21 Oct-21 Sep-21 Aug-21 Jul-21
Month-End Market Value 605,016,569 586,456,156 584,667,218 583,988,591 550,691,041 568,028,717 Modified Duration 2.43 2.50 2.56 2.56 2.46 2.51
Weighted Average Maturity 2.49 2.57 2.62 2.62 2.63 2.72 Current Book Yield to Maturity 0.712% 0.707% 0.728% 0.710% 0.790% 0.788% Effective Yield - Year to Date 0.830% 0.850% 0.880% 0.950% 0.870% 0.970% Interest Earned 349,365 357,653 346,176 352,146 373,376 408,130 Fiscal Year To Date Interest Earned 2,186,846 1,837,481 1,479,828 1,133,652 781,506 408,130 Fair Value Change Gain/(Loss) (1,203,885) (763,342) (2,800,036) (1,846,116) (207,528) 1,400,829 Fiscal Year To Date change in fair value (5,420,077) (4,216,193) (3,452,851) (652,815) 1,193,301 1,400,829 Total Fiscal YTD Earnings (3,233,231) (2,378,712) (1,973,022) 480,837 1,974,807 1,808,959
PORTFOLIO STATISTICS
MMF-Collateral
2.65%
Certificates of
Deposit
0.21%
Muni
7.24%
Corp Bond
14.82%
Fed Agency
47.37%
US Treasury
7.36%
Supranationals
3.26%
Money Market-
CAMP
0.00%
LAIF
16.78%
Cash in Bank
0.32%
1 YTM
365Par Value Book Value
Maturity
Date
Stated
RateMarket Value
December 31, 2021
Portfolio Details - Investments
Average
BalanceIssuer
Portfolio Management
Monthly for Pool
Days to
MaturityMoody'sCUSIP Investment #
Purchase
Date
LAIF
0.230Local Agency Investment Fund864 75,000,001.00 75,000,001.00 0.23075,000,001.00SYS864 1
0.230LAIF-COVID Relief Funds Acct14053 26,334,682.10 26,334,682.10 0.23026,334,682.10SYS14053 1 101,334,683.10101,334,683.10101,334,683.10101,334,683.10Subtotal and Average 0.230 1 Money Market Fund-CAMP
0.051California Asset Management Pr13824 88.44 88.44 0.05088.44SYS13824 1
88.4488.4488.4488.44Subtotal and Average 0.051 1
Collateralized Money Market
0.100EAST WEST BANK13067 15,987,541.13 15,987,541.13 0.10015,987,541.13SYS13067 1 15,987,541.1315,987,541.1315,987,541.1311,423,025.00Subtotal and Average 0.100 1 Municipal Bonds
2.264RIVERSIDE CALIFORNIA POB13809 1,000,000.00 1,000,000.00 02/15/20222.26505/06/2020 1,002,110.00 AA76913CAW9 45
3.158STATE OF CALIFORNIA13802 3,025,000.00 3,041,947.03 03/01/20226.65004/03/2020 3,055,855.00 Aa213063BFS6 59
0.421SAN FRANSCISO CAL CITY & CNT,T13917 560,000.00 561,162.12 03/01/20221.67003/10/2021 561,052.80 Aa3797679BZ9 59
2.367STATE OF CALIFORNIA GO BONDS13605 2,500,000.00 2,500,000.00 04/01/20222.36704/27/2017 2,513,625.00 Aa213063DAD0 90
0.469Huntington Beach CA Public Fin13862 500,000.00 500,000.00 05/01/20220.46908/12/2020 500,260.00 AA446216HF3 120
1.812City of Glendora13719 820,000.00 820,000.00 06/01/20221.81209/05/2019 824,928.20 AAA378612AC9 151
1.550La Canada Unified School Distr13805 500,000.00 500,000.00 08/01/20221.55004/28/2020 502,840.00 Aa1502516QW0 212
1.863South Pasadena Unified School13749 230,000.00 234,086.92 08/01/20225.00012/12/2019 236,016.80 Aa2839278JV1 212
0.653Chino Public Financing Authori13924 1,000,000.00 1,000,000.00 09/01/20220.65303/25/2021 1,000,640.00 AA169548FH2 243
0.848Ventura Cnty CA Public Fing Au13818 750,000.00 750,000.00 11/01/20220.84806/11/2020 751,650.00 Aa1923078CS6 304
2.364RIVERSIDE CALIFORNIA POB13810 1,000,000.00 1,000,000.00 02/15/20232.36305/06/2020 1,015,230.00 AA76913CAX7 410
0.499Beverly Hills PFA13868 500,000.00 500,000.00 06/01/20230.49910/15/2020 497,985.00 AA+088006JX0 516
0.391City of Orange Taxable Pension13915 1,500,000.00 1,500,000.00 06/01/20230.39103/15/2021 1,493,160.00 AA684100AB6 516
1.477STATE OF CALIFORNIA13885 1,000,000.00 1,000,000.00 07/01/20231.47711/24/2020 1,008,880.00 A13017HAK2 546
1.650La Canada Unified School Distr13806 500,000.00 500,000.00 08/01/20231.65004/28/2020 505,415.00 Aa1502516QX8 577
1.078Oak Grove CA Sch Dist13821 500,000.00 500,000.00 08/01/20231.07806/25/2020 501,970.00 Aa3671205Y55 577
0.692Oxnard School District13841 500,000.00 500,000.00 08/01/20230.69209/03/2020 499,345.00 AA692020T34 577
2.025Buena Park Community RDA13738 1,240,000.00 1,240,000.00 09/01/20232.03311/13/2019 1,259,269.60 AA-119144AV5 608
2.085Escondido Lease Revenue Bonds13744 830,000.00 830,000.00 09/01/20232.08511/26/2019 846,774.30 AA-29634EEE8 608
0.475Califfornia State Univ Revenur13830 2,000,000.00 2,000,000.00 11/01/20230.47509/17/2020 1,989,700.00 Aa213077DMJ8 669
2.125Beverly Hills PFA13710 1,000,000.00 1,000,000.00 06/01/20242.12508/08/2019 1,023,730.00 AA+088006JM4 882
0.730Beverly Hills PFA13869 750,000.00 750,000.00 06/01/20240.73010/15/2020 743,010.00 AA+088006JY8 882
0.587City of Orange Taxable Pension13916 1,500,000.00 1,500,000.00 06/01/20240.58703/15/2021 1,484,820.00 AA684100AC4 882
2.070South Pasadena Unified School13748 325,000.00 348,336.09 08/01/20245.00012/12/2019 357,064.50 Aa2839278JX7 943
0.580SAN RAMON VLY CA UNIF SCH DIST13871 1,500,000.00 1,500,000.00 08/01/20240.58010/20/2020 1,481,280.00 Aa1799408Z77 943 Portfolio PASD
APData Updated: SET_POOL: 01/20/2022 17:08
Run Date: 01/20/2022 - 17:09 PM (PRF_PM2) 7.3.0
Report Ver. 7.3.6.1
2 YTM
365Par Value Book Value
Maturity
Date
Stated
RateMarket Value
December 31, 2021
Portfolio Details - Investments
Average
BalanceIssuer
Portfolio Management
Monthly for Pool
Days to
MaturityMoody'sCUSIP Investment #
Purchase
Date
Municipal Bonds
0.575West Coast Contra Unified Scho13941 1,000,000.00 1,000,000.00 08/01/20240.57506/17/2021 985,380.00 AA9523474U3 943
0.685Califfornia State Univ Revenur13829 2,000,000.00 2,000,000.00 11/01/20240.68509/17/2020 1,978,760.00 Aa213077DMK5 1,035
0.982City of Arcadia13882 675,000.00 675,000.00 12/01/20240.98211/12/2020 670,909.50 Aaa039063AD4 1,065
0.650SANTA BARBARA CNTY CA SOLID WA13894 300,000.00 326,045.61 12/01/20243.67012/18/2020 319,209.00 A180136PDB6 1,065
0.943Huntington Beach CA Public Fin13861 300,000.00 300,000.00 05/01/20250.94308/12/2020 294,285.00 AA446216HJ5 1,216
0.883UNIVERSITY OF CA REVENUE BONDS13827 1,000,000.00 1,000,000.00 05/15/20250.88307/16/2020 988,920.00 Aa291412HGE7 1,230
0.610UNIVERSITY OF CA REVENUE BONDS13893 5,000,000.00 5,045,305.35 05/15/20250.88312/16/2020 4,944,600.00 Aa291412HGE7 1,230
0.952California St Health Facs Fing13883 1,500,000.00 1,500,000.00 06/01/20250.95211/04/2020 1,480,785.00 Aa313032UXM5 1,247
0.824Redondo Beach Unified School13840 500,000.00 500,000.00 08/01/20250.82408/06/2020 492,995.00 Aa2757710TZ1 1,308
2.311South Pasadena Unified School13747 675,000.00 735,639.22 08/01/20255.00012/12/2019 761,562.00 Aa2839278JY5 1,308
0.740SAN RAMON VLY CA UNIF SCH DIST13872 1,500,000.00 1,500,000.00 08/01/20250.74010/20/2020 1,471,485.00 Aa1799408Z85 1,308
0.938West Coast Contra Unified Scho13940 3,000,000.00 3,000,000.00 08/01/20250.93806/17/2021 2,957,460.00 AA9523474V1 1,308
1.181City of Arcadia13881 750,000.00 750,000.00 12/01/20251.18211/12/2020 743,302.50 Aaa039063AE2 1,430 43,907,522.3443,746,264.2043,730,000.0043,913,914.11Subtotal and Average 1.239 767 Certificates of Deposit - Bank
0.650BMW BANK NORTH AMERICA13949 250,000.00 250,000.00 09/17/20240.65009/17/2021 250,000.0005580AD68 990
0.650SYNCHRONY BANK13952 250,000.00 250,000.00 09/17/20240.65009/17/2021 250,000.0087164YB60 990
0.650GOLDMAN SACHS BANK USA CD13951 250,000.00 250,000.00 09/23/20240.65009/22/2021 250,000.0038149MZY2 996
0.700SALLIE MAE BANK/SALT LKE CD13956 250,000.00 250,000.00 09/23/20240.70009/22/2021 250,000.00795451AW3 996
0.650UBS BANK USA13950 250,000.00 250,000.00 09/23/20240.65009/22/2021 250,000.0090348JT42 996 1,250,000.001,250,000.001,250,000.001,250,000.00Subtotal and Average 0.660 994 Federal Agency Issues - Coupon
0.320FED HOME LOAN MORTAGE CORP13879 10,000,000.00 10,000,000.00 11/02/20230.32011/02/2020 9,934,655.60 Aaa3134GW6E1 670
0.320FED HOME LOAN MORTAGE CORP13880 5,000,000.00 5,000,000.00 11/02/20230.32011/02/2020 4,967,327.80 Aaa3134GW6E1 670
0.320FED HOME LOAN MORTAGE CORP13887 10,000,000.00 10,000,000.00 11/24/20230.32011/24/2020 9,926,687.70 Aaa3134GXCA0 692
0.250Federal Home Loan Bank13896 5,000,000.00 5,000,000.00 12/28/20230.25012/28/2020 4,966,153.65 Aaa3130AKL79 726
0.250Federal Home Loan Bank13897 5,000,000.00 5,000,000.00 12/28/20230.25012/28/2020 4,966,153.65 Aaa3130AKL79 726
0.800Federal Home Loan Bank13972 7,500,000.00 7,500,000.00 12/28/20230.80012/28/2021 7,499,314.50 Aaa3130AQ6F5 726
0.500Federal Home Loan Bank13927 10,000,000.00 10,000,000.00 04/29/20240.50004/29/2021 9,949,426.30 Aaa3130ALXQ2 849
0.625Federal Home Loan Bank13944 5,000,000.00 5,000,000.00 10/15/20240.62507/15/2021 4,955,173.55 Aaa3130AN4L1 1,018
0.500Federal Home Loan Bank13948 5,000,000.00 5,000,000.00 10/30/20240.50009/30/2021 4,953,909.65 Aaa3130ANYT1 1,033
0.900Federal Home Loan Bank13966 5,000,000.00 5,000,000.00 11/08/20240.90011/08/2021 4,980,666.70 Aaa3130APPQ2 1,042
1.100Federal Home Loan Bank13968 5,000,000.00 5,000,000.00 11/15/20241.10011/15/2021 5,000,061.10 Aaa3130APRA5 1,049
0.550Federal Home Loan Bank13937 10,000,000.00 10,000,000.00 11/26/20240.55005/26/2021 9,869,516.80 Aaa3130AMK92 1,060
0.650Federal Home Loan Bank13932 5,000,000.00 5,000,000.00 12/09/20240.65006/09/2021 4,897,741.15 Aaa3130AMJX1 1,073
1.150Federal Home Loan Bank13971 5,000,000.00 5,000,000.00 12/10/20241.15012/10/2021 4,999,666.65 Aaa3130AQ3F8 1,074 Portfolio PASD
APData Updated: SET_POOL: 01/20/2022 17:08
Run Date: 01/20/2022 - 17:09 PM (PRF_PM2) 7.3.0
3 YTM
365Par Value Book Value
Maturity
Date
Stated
RateMarket Value
December 31, 2021
Portfolio Details - Investments
Average
BalanceIssuer
Portfolio Management
Monthly for Pool
Days to
MaturityMoody'sCUSIP Investment #
Purchase
Date
Federal Agency Issues - Coupon
0.625Federal Home Loan Bank13933 5,000,000.00 5,000,000.00 02/27/20250.62505/27/2021 4,928,580.00 Aaa3130AMMG4 1,153
0.650Federal Home Loan Bank13959 5,000,000.00 5,000,000.00 03/28/20250.65009/28/2021 4,931,708.10 Aaa3130AP5S0 1,182
0.750Federal Home Loan Bank13811 5,000,000.00 5,000,000.00 05/19/20250.75005/19/2020 4,938,085.10 Aaa3130AJLA5 1,234
0.750FED HOME LOAN MORTAGE CORP13814 5,000,000.00 5,000,000.00 05/28/20250.75005/28/2020 4,928,553.05 Aaa3134GVVX3 1,243
0.750FED HOME LOAN MORTAGE CORP13816 5,000,000.00 5,000,000.00 05/28/20250.75005/29/2020 4,954,588.65 Aaa3134GVB31 1,243
0.750FED HOME LOAN MORTAGE CORP13817 5,000,000.00 5,000,000.00 05/28/20250.75006/01/2020 4,954,588.65 Aaa3134GVB31 1,243
0.780Federal Farm Credit Bank13820 5,000,000.00 5,000,000.00 06/16/20250.78006/16/2020 4,912,531.55 Aaa3133ELK37 1,262
0.764Federal Home Loan Bank13822 3,017,777.77 3,017,359.61 06/16/20250.76006/19/2020 2,973,723.31 Aaa3130AJPT0 1,262
0.650FED NATIONAL MORTGAGE ASSN13828 5,000,000.00 5,000,000.00 08/14/20250.65008/14/2020 4,912,712.75 Aaa3136G4C43 1,321
0.614Federal Farm Credit Bank13863 5,000,000.00 4,999,263.87 08/25/20250.61009/10/2020 4,894,878.50 Aaa3133EL4W1 1,332
0.530Federal Farm Credit Bank13864 20,000,000.00 20,000,000.00 09/29/20250.53009/29/2020 19,511,851.80 Aaa3133EMBH4 1,367
0.600FED HOME LOAN MORTAGE CORP13870 10,000,000.00 10,000,000.00 09/30/20250.60009/30/2020 9,832,103.00 Aaa3134GWVN3 1,368
0.600FED HOME LOAN MORTAGE CORP13873 10,000,000.00 10,000,000.00 10/15/20250.60010/15/2020 9,775,293.90 Aaa3134GWYS9 1,383
0.625FED HOME LOAN MORTAGE CORP13877 10,000,000.00 10,000,000.00 10/27/20250.62510/27/2020 9,802,118.50 Aaa3134GW3X2 1,395
0.600FED HOME LOAN MORTAGE CORP13878 5,000,000.00 5,000,000.00 10/27/20250.60010/27/2020 4,912,103.40 Aaa3134GW5P7 1,395
0.600FED HOME LOAN MORTAGE CORP13874 10,000,000.00 10,000,000.00 10/28/20250.60010/28/2020 9,789,419.50 Aaa3134GW3F1 1,396
0.600FED HOME LOAN MORTAGE CORP13876 5,000,000.00 5,000,000.00 10/28/20250.60010/28/2020 4,894,709.75 Aaa3134GW3Z7 1,396
0.600Federal Farm Credit Bank13888 10,000,000.00 10,000,000.00 11/24/20250.60011/24/2020 9,758,946.40 Aaa3133EMHF2 1,423
0.690FED HOME LOAN MORTAGE CORP13886 5,000,000.00 5,000,000.00 11/25/20250.62511/25/2020 4,919,176.35 Aaa3134GXCS1 1,424
0.719FED HOME LOAN MORTAGE CORP13891 5,000,000.00 5,000,000.00 11/26/20250.65011/30/2020 4,920,128.35 Aaa3134GXFA7 1,425
0.550Federal Home Loan Bank13900 5,000,000.00 5,000,000.00 02/12/20260.55002/12/2021 4,849,466.20 Aaa3130AKVR4 1,503
0.625Federal Home Loan Bank13905 5,000,000.00 5,000,000.00 02/17/20260.62502/17/2021 4,897,368.90 Aaa3130AL3S1 1,508
0.750Federal Home Loan Bank13907 5,000,000.00 5,000,000.00 02/24/20260.75002/24/2021 4,894,402.20 Aaa3130ALCV4 1,515
0.630Federal Home Loan Bank13906 5,000,000.00 5,000,000.00 02/26/20260.63002/26/2021 4,903,682.35 Aaa3130ALB94 1,517
0.844Federal Farm Credit Bank13911 10,000,000.00 9,998,332.22 03/02/20260.84003/02/2021 9,814,078.10 Aaa3133EMSK9 1,521
0.800Federal Home Loan Bank13908 5,000,000.00 5,000,000.00 03/04/20260.80003/04/2021 4,927,550.10 Aaa3130ALEY6 1,523
0.800Federal Home Loan Bank13909 5,000,000.00 5,000,000.00 03/10/20260.80003/10/2021 4,880,045.15 Aaa3130ALFS8 1,529
1.000Federal Home Loan Bank13910 4,875,000.00 4,875,000.00 03/23/20261.00003/23/2021 4,822,877.52 Aaa3130ALGJ7 1,542
0.940Federal Farm Credit Bank13960 5,000,000.00 5,000,000.00 09/28/20260.94009/28/2021 4,919,735.20 Aaa3133EM6E7 1,731
1.000Federal Home Loan Bank13953 5,000,000.00 5,000,000.00 09/30/20261.00009/30/2021 4,933,964.15 Aaa3130ANYN4 1,733
1.250Federal Home Loan Bank13964 5,000,000.00 5,000,000.00 10/28/20261.25010/28/2021 4,969,572.40 Aaa3130APDQ5 1,761 290,389,955.70286,124,997.68290,392,777.77282,406,056.56Subtotal and Average 0.652 1,238 Treasury Securities - Coupon
0.761US TREASURY13974 10,000,000.00 9,997,823.79 12/31/20230.75012/31/2021 10,003,520.00 Aaa91282CDR9 729
0.470US TREASURY13943 10,000,000.00 9,946,500.92 06/15/20240.25006/25/2021 9,854,690.00 Aaa91282CCG4 896
0.515US TREASURY13962 5,000,000.00 4,981,182.44 09/15/20240.37509/24/2021 4,930,470.00 Aaa91282CCX7 988
0.747US TREASURY13965 5,000,000.00 4,983,202.77 10/15/20240.62510/22/2021 4,960,545.00 Aaa91282CDB4 1,018 Portfolio PASD
APData Updated: SET_POOL: 01/20/2022 17:08
Run Date: 01/20/2022 - 17:09 PM (PRF_PM2) 7.3.0
4 YTM
365Par Value Book Value
Maturity
Date
Stated
RateMarket Value
December 31, 2021
Portfolio Details - Investments
Average
BalanceIssuer
Portfolio Management
Monthly for Pool
Days to
MaturityMoody'sCUSIP Investment #
Purchase
Date
Treasury Securities - Coupon
0.554US TREASURY13954 10,000,000.00 9,982,802.83 03/31/20250.50009/16/2021 9,837,110.00 Aaa912828ZF0 1,185
0.924US TREASURY13963 5,000,000.00 4,960,499.41 08/31/20260.75009/24/2021 4,891,015.00 Aaa91282CCW9 1,703 44,852,012.1644,477,350.0045,000,000.0035,174,704.37Subtotal and Average 0.639 1,036 Corporate Bonds - Coupon
3.151UNION BANK NA CORPORATE BOND13685 5,000,000.00 4,999,979.62 04/01/20223.15003/07/2019 5,021,646.70 A390520EAH4 90
1.538TOYOTA CREDIT CORPORATION13615 5,000,000.00 5,000,000.00 06/29/20220.47006/29/2017 5,002,744.60 A189236TEA9 179
2.185Honeywell International13711 1,000,000.00 999,797.06 08/08/20222.15008/08/2019 1,008,731.84 A2438516BT2 219
2.100UNION BANK NA CORPORATE BOND13756 2,000,000.00 2,000,000.00 12/09/20222.10012/09/2019 2,025,574.56 A390520EAK7 342
2.154UNION BANK NA CORPORATE BOND13760 5,000,000.00 4,997,558.71 12/09/20222.10012/16/2019 5,063,936.40 A390520EAK7 342
1.864UNION BANK NA CORPORATE BOND13773 5,000,000.00 5,010,730.42 12/09/20222.10002/10/2020 5,063,936.40 A390520EAK7 342
2.728APPLE INC13693 5,000,000.00 5,006,572.88 02/23/20232.85004/24/2019 5,104,620.25 Aa1037833BU3 418
0.441TOYOTA CREDIT CORPORATION13929 3,000,000.00 2,998,457.95 04/06/20230.40004/09/2021 2,993,204.88 A189236TJD8 460
0.654ROYAL BANK OF CANADA13918 5,000,000.00 4,976,772.17 01/19/20240.42503/11/2021 4,939,299.10 A278015K7L2 748
0.800Goldman Sach Corporate Bond13935 5,000,000.00 5,000,000.00 06/03/20240.80006/03/2021 4,874,124.40 A238150AG41 884
0.672ROYAL BANK OF CANADA13947 5,000,000.00 4,997,207.41 07/29/20240.65007/29/2021 4,930,244.30 A278016EZU4 940
0.900NEW YORK LIFE GL13967 5,000,000.00 5,000,000.00 10/29/20240.90010/29/2021 4,966,771.70 Aaa64952WEJ8 1,032
0.825JP MORGAN13898 5,000,000.00 5,000,000.00 12/22/20250.82512/22/2020 4,726,799.50 A248128GY53 1,451
1.526BANK OF AMERICA CORP13923 5,000,000.00 4,846,431.65 01/26/20260.60003/25/2021 4,765,431.10 A206048WK82 1,486
0.752BANK OF NEW YORK MELLON13901 5,000,000.00 4,999,591.59 01/28/20260.75002/02/2021 4,858,901.65 A106406RAQ0 1,488
0.718APPLE INC13902 5,000,000.00 4,996,471.61 02/08/20260.70002/08/2021 4,900,491.95 Aa1037833EB2 1,499
1.250BANK OF AMERICA CORP13934 5,000,000.00 5,000,000.00 05/28/20261.25005/28/2021 4,815,153.95 A206048WM31 1,608
1.263BANK OF AMERICA CORP13945 3,623,000.00 3,613,111.29 06/25/20261.20007/21/2021 3,426,923.42 A206048WM64 1,636
1.155ROYAL BANK OF CANADA13958 6,250,000.00 6,248,526.81 07/14/20261.15009/22/2021 6,116,892.19 A278016EZT7 1,655
1.365Credit Suisse New York13961 5,000,000.00 4,974,446.78 08/07/20261.25009/24/2021 4,877,013.75 A122550L2G5 1,679 90,665,655.9589,482,442.6490,873,000.0090,663,852.70Subtotal and Average 1.364 984 Supranationals
0.500Inter-American Devel Bank13955 10,000,000.00 10,000,000.00 09/23/20240.50009/23/2021 9,867,500.60 Aaa4581X0DZ8 996
0.610INTL FINANCE CORP13957 5,000,000.00 4,998,428.54 02/28/20250.60009/28/2021 4,955,289.65 Aaa45950VQJ8 1,154
0.647INTL BK RECON & DEVELOP13903 5,000,000.00 5,000,000.00 02/10/20260.65002/10/2021 4,876,406.00 Aaa459058JS3 1,501 19,998,428.5419,699,196.2520,000,000.0019,998,409.14Subtotal and Average 0.564 1,162 586,164,733.43 608,568,090.44 0.712 910602,102,563.44 608,385,887.36Total and Average Portfolio PASD
APData Updated: SET_POOL: 01/20/2022 17:08
Run Date: 01/20/2022 - 17:09 PM (PRF_PM2) 7.3.0
5 YTM
365Par Value Book Value
Stated
RateMarket Value
December 31, 2021
Portfolio Details - Cash
Average
BalanceIssuer
Portfolio Management
Monthly for Pool
Days to
MaturityMoody'sCUSIP Investment #
Purchase
Date
0.00 586,164,733.43 608,568,090.44 0.712 910
0 24,942.20
24,942.20
24,942.20
24,942.20
Subtotal
Accrued Interest at PurchaseAverage Balance
602,127,505.64 608,410,829.56Total Cash and Investments Portfolio PASD
APData Updated: SET_POOL: 01/20/2022 17:08
Run Date: 01/20/2022 - 17:09 PM (PRF_PM2) 7.3.0
6 COMPLIANCE REPORT
Pooled Investment Portfolio
As of 12/31/21
Diversification Credit Quality Maturity
Portfolio State Gov't Portfolio Portfolio Credit Quality Portfolio % of total Code limits compliance Credit Quality per Gov Code compliance Maturity Collateralized Money Market 2.65% 100% In compliance 102% Collateral 102% Collateral In compliance In compliance Certificates of Deposit 0.21% 30% In compliance n/a n/a In compliance In compliance Municipal Bonds 7.24% 100% In compliance Aaa/Aa3/Aa2/Aa1/A2/AA+/AA-/AAA/AA A or better In compliance In compliance US Treasury Securities 7.36% 100% In compliance Aaa AA+/Aaa In compliance In compliance Corporate Bonds 14.82% 30% In compliance* Aa1/A1/A2/A3 A or better In compliance In compliance Federal Agency Issues 47.37% 100% In compliance Aaa AA+/Aaa In compliance In compliance Supranationals 3.26% 30% In compliance Aaa AA or better In compliance In compliance Money Market-CAMP 0.00% 100% In compliance n/a n/a In compliance In compliance LAIF 16.78% 100% In compliance n/a n/a In compliance In compliance Cash 0.32% 100% In compliance Collateralized Collateralized In compliance In compliance 100.00%
Portfolio Value 605,016,569
7 INVESTMENTS IN ISSUERS REPRESENTING OVER 5%
OF THE POOL PORTFOLIO
December 31, 2021
Market Value % of Total
FHLB 118,985,272.63 19.67%
FHLMC 98,511,454.20 16.28%
FFCB 63,715,558.10 10.53%
Total Fed Agencies/Supranationals 281,212,284.93 46.48% OTHER PORTFOLIO INVESTMENTS 323,804,283.65 53.52%
Total Investments 605,016,568.58 * 100.00%
note: * Includes Cash in Bank and Accrued Interest Receivable 8 Pooled Portfolio - Total Return Performance
ML 1-3 Index Pooled
Corp/Gov Portfolio
2003 Annual 2.717 2.931
2004 Annual 1.226 2.090
2005 Annual 1.746 2.073
2006 Annual 4.195 4.474
2007 Annual 6.706 5.736
2008 Annual 4.649 3.474
2009 Annual 3.784 3.398
2010 Annual 2.322 1.806
2011 Annual 1.540 1.490
2012 Annual 1.467 1.788
2013 1st quarter 0.220 0.320
2nd quarter -0.140 -0.340
3rd quarter 0.420 0.270
4th quarter 0.196 0.167
0.696 0.417
2014 1st quarter 0.246 0.434
2nd quarter 0.370 0.503
3rd quarter 0.028 0.074
4th quarter 0.133 0.310
0.777 1.321
2015 1st quarter 0.594 0.628
2nd quarter 0.143 0.141
3rd quarter 0.284 0.431
4th quarter -0.350 -0.113
0.671 1.087
2016 1st quarter 0.982 0.713
2nd quarter 0.660 0.350
3rd quarter 0.027 0.170
4th quarter -0.385 -0.520
1.284 0.713
2017 1st quarter 0.393 0.440
2nd quarter 0.303 0.419
3rd quarter 0.342 0.380
4th quarter -0.182 -0.059
0.856 1.180
2018 1st quarter -0.185 -0.097
2nd quarter 0.291 0.269
3rd quarter 0.354 0.431
4th quarter 1.166 1.038
1.626 1.641
2019 1st quarter 1.219 0.963
2nd quarter 1.480 1.054
3rd quarter 0.700 0.593
4th quarter 0.606 0.590
4.005 3.200
2020 1st quarter 1.590 0.495
2nd quarter 1.215 0.962
3rd quarter 0.274 0.287
4th quarter 0.227 0.236
3.306 1.980
2021 1st quarter -0.028 -0.467
2nd quarter 0.063 0.437
3rd quarter 0.088 0.085
4th quarter -0.533 -0.638
-0.410 -0.583
Effective Yield Fiscal YTD
Pooled Portfolio effective yield 0.83%
State Treasurer's LAIF yield 0.21%
2 Year Average US Treasury yield 0.36%
9 CITY POOLED PORTFOLIO
Portfolio Management
Distribution of Investments By Type - Historic
(By Market Values)
In %
Fiscal Year Total
June June June June June June June June June June 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr Investment Type 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2022 2022 2022 Money Market 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Money Market Collateralized 12.48 12.91 16.74 9.14 7.25 3.97 3.54 1.59 11.73 6.76 0.20 2.65 Municipal Bonds 12.66 12.62 13.00 4.97 4.01 5.80 5.78 4.33 4.72 7.70 7.59 7.24 Corporate Bonds - Coupon 27.70 25.94 22.67 21.65 16.36 17.12 15.47 20.78 22.50 16.62 15.95 14.82 Agency CMOs/Mortgage Backed 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Federal Agency Issues - Coupon 30.73 36.55 43.39 43.45 49.70 55.86 60.37 54.14 34.00 47.35 44.84 47.37 Repurchase Agreements 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 L.A.I.F. 13.32 9.04 1.47 13.09 14.38 9.07 6.47 7.29 11.66 16.47 17.38 16.78 Cash 2.58 2.72 2.50 3.76 0.68 0.44 0.43 0.45 0.34 0.53 0.61 0.32 Treasury Securities 0.00 0.00 0.00 3.93 3.37 2.99 3.26 3.71 2.37 3.66 5.54 7.36 Treasury STRIP Bonds 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Supranationals 0.00 0.00 0.00 0.00 4.25 3.76 4.49 5.89 8.24 0.80 3.41 3.26 Bank Notes 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Federal Agency Discount 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Commerical Paper - Disc (Amortizing) 0.00 0.00 0.00 0.00 0.00 0.99 0.00 0.82 0.00 0.00 0.00 0.00 Asset Backed Securities 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Mutual Funds 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Certificates of Deposit 0.52 0.22 0.23 0.00 0.00 0.00 0.19 1.00 0.00 0.00 0.21 0.21 Money Market-CAMP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.89 0.12 4.27 0.00 Muni Variable Rate 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.54 0.00 0.00 0.00 Total 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 0.00 0.00 10 II. Capital Endowment Portfolio
CITY OF PASADENA
Capital Endowment Portfolio
Vicken Erganian
City Treasurer
December 2021
PORTFOLIO COMPLIANCE
The Treasurer's investment portfolio is in compliance with the California Government Code Section 53601 and the City's Investment Policy approved by the City Council on May 24, 2021. The holdings in the investment pool are in compliance with the current investment policy statement. Further information on compliance issues can be obtained by calling the City of Pasadena Treasurer's Office. A complete copy of the monthly investment report on the investment portfolio including a detailed listing of each investment, is available by calling the Treasurer's office at (626)744-4422.
PORTFOLIO STRUCTURE AS OF 12/31/2021
TYPE MARKET VALUE PERCENT
Money Market - Collateralized 178,231 8.58%
Federal Agencies 1,897,937 91.42%
TOTALS: 2,076,168 100.00%
Accrued Interest Receivable 1,651
GRAND TOTAL: 2,077,819
PORTFOLIO LIQUIDITY AS OF 12/31/2021
Percent of
Aging Interval Par Value Portfolio
0-30 Days 178,231 8.58%
31 days - 1 Year - 0.00%
1 - 2 Years - 0.00%
2 - 3 Years 1,900,000 91.42%
3 - 4 Years - 0.00%
4 - 5 Years - 0.00%
Over 5 Years - 0.00%
TOTAL: 2,078,231 100.00% -
PORTFOLIO STATISTICS
Dec-21 Nov-21 Oct-21 Sep-21 Aug-21 Jul-21
Month-End Mkt Value 2,077,819 2,078,117 2,077,975 2,077,883 2,077,605 2,077,140 Modified Duration 2.60 2.68 0.00 0.00 0.50 0.58
Weighted Average Maturity 2.65 2.73 0.00 0.00 0.99 1.07 Current Book Yield to Maturity 0.92% 0.92% 0.10% 0.10% 2.04% 2.04% Effective Yield - Year to Date 1.04% 1.07% 1.31% 1.75% 2.00% 2.000% Interest Earned 1,598 224 176 1,013 3,463 3,464
Fiscal Year To Date Interest Earned 9,939 8,341 8,117 7,941 6,927 3,464 Fair Value Change Gain/(Loss) (1,896) (167) 0 (735) (2,998) (2,890) Fiscal Year To Date change in fair value (8,686) (6,790) (6,623) (6,623) (5,888) (2,890) Total Fiscal YTD earnings 1,253 1,551 1,494 1,317 1,039 574 MMF -
Collateral
100.00%
11 YTM
365Par Value Book Value
Maturity
Date
Stated
RateMarket Value
December 31, 2021
Portfolio Details - Investments
Average
BalanceIssuer
Portfolio Management
CAPITAL ENDOWMENT
Days to
MaturityMoody'sCUSIP Investment #
Purchase
Date
Collateralized Money Market
0.100EAST WEST BANK13057 178,230.80 178,230.80 0.100178,230.80SYS13057 1 178,230.80178,230.80178,230.80178,230.80Subtotal and Average 0.100 1 Federal Agency Issues - Coupon
1.000Federal Home Loan Bank13970 1,900,000.00 1,900,000.00 11/25/20241.00011/30/2021 1,897,936.81 Aaa3130APVG7 1,059 1,900,000.001,897,936.811,900,000.001,900,000.00Subtotal and Average 1.000 1,059 2,078,230.80 2,078,230.80 0.923 9682,076,167.61 2,078,230.80Total and Average Portfolio PASD
APData Updated: FUNDSNAP: 01/12/2022 17:14
Run Date: 01/12/2022 - 17:15 PM (PRF_PM2) 7.3.0
Report Ver. 7.3.6.1
12 COMPLIANCE REPORT
Capital Endowment Portfolio
As of 12/31/21
Diversification Credit Quality Maturity
Portfolio State Gov't Portfolio Portfolio Credit Quality Portfolio % of total Code limits compliance Credit Quality per Gov Code compliance Maturity Collateralized Money Market 8.58% 100% In compliance 102% Collateral 102% Collateral In compliance In compliance Federal Agency Issues 91.42% 100% In compliance** Aaa AA+/Aaa In compliance In compliance 100.00%
Portfolio Value 2,077,819
**Compliance is measured based on the City's total investments which include the Pooled portfolio as well as the Power Reserve Fund. 13 INVESTMENTS IN ISSUERS REPRESENTING OVER 5%
OF THE CAPITAL ENDOWMENT PORTFOLIO
December 31, 2021
Market Value % of Total
Wells Fargo Bank - 0.00%
FHLB 1,897,936.81 91.34%
FHLMC - 0.00%
FNMA - 0.00%
Total 1,897,936.81 91.34%
OTHER PORTFOLIO INVESTMENTS 179,882.05 8.66%
Total Investments 2,077,818.86 * 100.00%
note: * Includes Accrued Interest Receivable
14 CAPITAL ENDOWMENT
Portfolio Management
Distribution of Investments By Type - Historic
(By Market Values)
In % Fiscal Year Total
June June June June June June June June June 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr Investment Type 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2022 2022 2022 Money Market - Collateralized 100.00 100.00 100.00 100.00 1.80 0.75 0.03 1.10 3.10 100.00 8.58 Federal Agency Issues - Coupon 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Corporate Bonds - Coupon 0.00 0.00 0.00 0.00 0.00 99.25 99.97 98.90 96.90 0.00 91.42 Municipal Bonds 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 L.A.I.F. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Certificate of Deposit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Federal Agency Discount 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Treasury Securities 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Agency CMOs/Mortgage Backed 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Commerical Paper - Disc (Amortizing) 0.00 0.00 0.00 0.00 98.20 0.00 0.00 0.00 0.00 0.00 0.00 Asset Backed Securities 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Mutual Funds 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Total 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 0.00 0.00 15 III. Power Reserve Portfolio
CITY OF PASADENA
Power Reserve Portfolio
Vicken Erganian
City Treasurer
December 2021
PORTFOLIO COMPLIANCE
The Treasurer's investment portfolio is in compliance with the California Government Code Section 53601 and the City's Investment Policy approved by the City Council on May 24, 2021. The holdings in the investment pool are in compliance with the current investment policy statement. Further information on compliance issues can be obtained by calling the City of Pasadena Treasurer's Office. A complete copy of the monthly investment report on the investment portfolio including a detailed listing of each investment, is available by calling the Treasurer's office at (626)744-4422.
PORTFOLIO STRUCTURE AS OF 12/31/2021
TYPE MARKET VALUE PERCENT
Money Market - Collateralized 285,917 0.61%
Municipal Bonds 2,080,400 4.45%
Federal Agencies 36,579,535 78.29%
L.A.I.F. 7,776,104 16.64%
Money Market-CAMP 87 0.00%
TOTALS: 46,722,042 100.00%
Accrued Interest Receivable 185,115
GRAND TOTAL: 46,907,157
PORTFOLIO LIQUIDITY AS OF 12/31/2021
Percent of
Aging Interval Par Value Portfolio
0 - 30 days 8,062,108 16.89%
31 days - 1 Year - 0.00%
1 - 2 Years - 0.00%
2 - 3 Years 5,000,000 10.48%
3 - 4 Years - 0.00%
4 - 5 Years 2,000,000 4.19%
Over 5 Years 32,666,667 68.44%
TOTAL: 47,728,775 100.00%
PORTFOLIO STATISTICS
Dec-21 Nov-21 Oct-21 Sep-21 Aug-21 Jul-21
Month-End Market Value 46,907,157 46,853,942 46,712,343 46,914,014 47,294,740 47,313,177 Modified Duration 8.14 8.21 7.94 8.00 8.12 7.56
Weighted Average Maturity 9.53 9.60 9.35 9.44 9.50 9.08 Current Book Yield to Maturity 1.436% 1.438% 1.339% 1.342% 1.339% 1.288% Effective Yield - Year to Date 1.320% 1.300% 1.290% 1.280% 1.250% 1.170% Interest Earned 56,836 53,131 53,017 52,813 53,700 52,986 Fiscal Year To Date Interest Earned 322,481 265,646 212,515 159,498 106,685 52,986 Fair Value Change Gain/(Loss) (3,441) 88,468 (254,687) (433,539) (72,137) 73,307 Fiscal Year To Date change in fair value (602,028) (598,587) (687,056) (432,368) 1,170.81 73,307 Total Fiscal YTD Earnings (279,547) (332,941) (474,541) (272,870) 107,856 126,293 MMF-
Collateral
0.76%
Muni
4.45%
Fed Agency
78.29%
LAIF
16.64%
Money Market-
CAMP
0.00%
16 YTM
365Par Value Book Value
Maturity
Date
Stated
RateMarket Value
December 31, 2021
Portfolio Details - Investments
Average
BalanceIssuer
Portfolio Management
POWER RESERVE FUND
Days to
MaturityMoody'sCUSIP Investment #
Purchase
Date
LAIF
0.230Local Agency Investment Fund6184 7,776,103.99 7,776,103.99 0.2307,776,103.99SYS6184 1 7,776,103.997,776,103.997,776,103.997,776,103.99Subtotal and Average 0.230 1 Money Market Fund-CAMP
0.051California Asset Management Pr14063 86.63 86.63 0.05008/10/2021 86.63SYS14063 1
86.6386.6386.6386.63Subtotal and Average 0.051 1
Collateralized Money Market
0.100EAST WEST BANK13066 285,917.07 285,917.07 0.100285,917.07SYS13066 1 285,917.07285,917.07285,917.07285,917.07Subtotal and Average 0.100 1 Municipal Bonds
2.560LA County Redevelopment TABs13553 2,000,000.00 1,984,849.25 09/01/20262.37508/25/2016 2,080,400.00 Aa254465AGS5 1,704 1,984,849.252,080,400.002,000,000.001,984,722.70Subtotal and Average 2.560 1,704 Federal Agency Issues - Coupon
1.000Federal Home Loan Bank13969 5,000,000.00 5,000,000.00 11/25/20241.00011/30/2021 4,993,685.05 Aaa3130APV69 1,059
1.230Federal Farm Credit Bank13946 6,000,000.00 6,000,000.00 08/02/20281.23008/02/2021 5,876,662.98 Aaa3133EMX80 2,405
1.230Federal Farm Credit Bank13890 5,000,000.00 5,000,000.00 11/25/20301.23011/25/2020 4,804,386.60 Aaa3133EMHN5 3,250
1.850Federal Home Loan Bank13788 1,666,667.00 1,666,667.00 04/08/20321.85004/08/2020 1,647,218.53 Aaa3130AJEA3 3,750
2.000Federal Home Loan Bank13904 10,000,000.00 10,000,000.00 02/25/20362.00002/25/2021 9,760,599.00 Aaa3130AL3X0 5,168
2.000Federal Farm Credit Bank13875 10,000,000.00 10,000,000.00 10/15/20402.00010/15/2020 9,496,982.50 Aaa3133EMCV2 6,862 37,666,667.0036,579,534.6637,666,667.0037,666,667.00Subtotal and Average 1.636 4,315 47,713,497.39 47,728,774.69 1.436 3,47746,722,042.35 47,713,623.94Total and Average Portfolio PASD
APData Updated: FUNDSNAP: 01/20/2022 17:15
Run Date: 01/20/2022 - 17:17 PM (PRF_PM2) 7.3.0
Report Ver. 7.3.6.1
17 COMPLIANCE REPORT
Power Reserve Portfolio
As of 12/31/21
Diversification Credit Quality Maturity
Portfolio State Gov't Portfolio Portfolio Credit Quality Portfolio % of total Code limits compliance Credit Quality per Gov Code compliance Maturity Collateralized Money Market 0.61% 100% In compliance 102% Collateral 102% Collateral In compliance In compliance Municipal Bonds 4.45% 100% In compliance Aa2 A or better In compliance In compliance Federal Agency Issues 78.29% 100% In compliance Aaa/AA AA+/Aaa In compliance In compliance Money Market-CAMP 0.00% 100% In compliance n/a n/a In compliance In compliance LAIF 16.64% 100% In compliance n/a n/a In compliance In compliance 100.00%
Portfolio Value 46,907,157
18 INVESTMENTS IN ISSUERS REPRESENTING OVER 5%
OF THE POWER RESERVE PORTFOLIO
December 31, 2021
Market Value % of Total
FHLB 16,401,502.58 34.97%
FFCB 20,178,032.08 43.02%
Total Fed Agencies 36,579,534.66 77.98%
OTHER PORTFOLIO INVESTMENTS 10,327,622.22 22.02%
Total Investments 46,907,156.88 * 100.00%
note: * Includes Accrued Interest Receivable
19 Power Reserve Portfolio - Total Return Performance
ML Index Power
Corp/Gov Reserve
2003 Annual 4.214 3.940
2004 Annual 2.740 3.430
2005 Annual 0.980 2.615
2006 Annual 4.184 4.540
2007 Annual 7.656 6.960
2008 Annual 4.610 3.683
2009 Annual 3.784 3.714
2010 Annual 1.113 1.206
2011 Annual 1.555 2.547
2012 Annual 1.467 3.027
2013 1st quarter 0.400 0.340
2nd quarter -1.580 -1.400
3rd quarter 0.970 0.420
4th quarter 0.067 0.456
-0.143 -0.184
2014 1st quarter 0.698 1.089
2nd quarter 1.190 0.800
3rd quarter -0.192 0.249
4th quarter 0.750 0.550
2.446 2.688
2015 1st quarter 1.550 0.910
2nd quarter -0.178 0.039
3rd quarter 0.995 0.884
4th quarter -0.793 -0.469
1.574 1.364
2016 1st quarter 2.420 1.197
2nd quarter 1.390 0.560
3rd quarter 0.080 0.190
4th quarter -1.840 -2.340
2.050 -0.393
2017 1st quarter 0.773 0.830
2nd quarter 0.873 0.803
3rd quarter 0.567 0.515
4th quarter -0.398 0.071
1.815 2.219
2018 1st quarter -0.890 -0.702
2nd quarter 0.013 0.284
3rd quarter 0.188 0.048
4th quarter 1.812 1.987
1.123 1.617
2019 1st quarter 2.245 1.538
2nd quarter 2.530 1.704
3rd quarter 1.196 0.877
4th quarter 0.430 0.460
6.401 4.579
**2020 1st quarter 1.594 0.950
2nd quarter 1.215 0.625
3rd quarter 0.274 0.249
4th quarter 3.083 1.824
2021 1st quarter -1.178 -2.549
2nd quarter 0.634 3.715
3rd quarter -0.037 -0.554
4th quarter -0.896 -0.015
-0.544 0.597
Effective Yield Fiscal YTD
Power Reserve effective yield 1.32%
State Treasurer's LAIF yield 0.21%
2 Year Average Treasury yield 0.36%
** Index has been changed to ML 3-5 Govt/Agencies beginning 1st quarter of 2021 20 POWER RESERVE FUND
Portfolio Management
Distribution of Investments By Type - Historic
(By Market Values)
In % Fiscal Year Total
June June June June June June June June June 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr Investment Type 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2022 2022 2022 Money Market - Collateralized 0.12 0.14 11.53 7.43 0.02 4.34 2.58 32.06 0.08 0.05 0.61 Municipal Bonds 18.04 18.91 10.83 7.24 7.00 6.92 6.02 3.43 3.93 4.51 4.45 Federal Agency Issues - Coupon 64.39 70.83 66.34 77.86 79.82 82.96 85.12 51.22 57.67 67.87 78.29 L.A.I.F. 0.25 0.25 0.24 0.24 0.24 0.24 0.26 0.00 32.77 16.62 16.64 Corporate Bonds - Coupon 17.19 9.87 11.06 7.23 12.92 5.54 6.02 13.29 5.56 0.00 0.00 Certificate of Deposit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Federal Agency Discount 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Treasury Securities 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Agency CMOs/Mortgage Backed 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Commerical Paper - Disc (Amortizing) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Asset Backed Securities 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Mutual Funds 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Money Market - CAMP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 10.94 0.00 Total 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 0.00 0.00 21 IV. Miscellaneous Portfolios
Fund Coupon Yield Maturity Face Value Cost Per Book Market Value City of Pasadena-Housing Succesor Agency
Money Mkt Collateralized (East West Bank) 0.100% 0.100% 1/1/2022 $2,260,483.28 $2,260,483.28 $2,260,483.28 LAIF 0.230% 0.230% 1/1/2022 $1.46 $1.46 $1.46
Weighted Average Maturity = 1 day $2,260,484.74 $2,260,484.74 $2,260,484.74 2002 Electric Revenue Reserve Fund
Money Mkt Collateralized (East West Bank) 0.100% 0.100% 1/1/2022 $58,141.36 $58,141.36 $58,141.36 FFCB 3133EMBH4 0.530% 0.530% 9/29/2025 $4,000,000.00 $4,000,000.00 $3,902,370.36 Weighted Average Maturity = 3.74 $4,058,141.36 $4,058,141.36 $3,960,511.72 Annandale Assessment District
Municipal Bonds-Annandale Assessment 6.000% 6.000% 9/2/2040 $944,635.00 $944,635.00 $944,635.00 Weighted Average Maturity = 18.94
Miscellaneous Funds
December 31, 2021
22 Fund Coupon Yield Maturity Face Value Cost Per Book Market Value Miscellaneous Funds
December 31, 2021
2012A Electric Parity Reserve Fund
Money Mkt Collateralized (East West Bank) 0.100% 0.100% 1/1/2022 $7,920.49 $7,920.49 $7,920.49 FFCB 3133EMBH4 0.530% 0.530% 9/29/2025 $690,000.00 $690,000.00 $673,158.89 Weighted Average Maturity = 3.75 $697,920.49 $697,920.49 $681,079.38 2013A Electric Parity Reserve Fund
Money Mkt Collateralized (East West Bank) 0.100% 0.100% 1/1/2022 $181,221.48 $181,221.48 $181,221.48 FFCB 3133ELC28 0.730% 0.730% 5/27/2025 $8,000,000.00 $8,000,000.00 $7,871,813.44 Weighted Average Maturity = 3.37 $8,181,221.48 $8,181,221.48 $8,053,034.92 2013A Electric Project
Money Mkt Collateralized (East West Bank) 0.100% 0.100% 1/1/2022 $1,012.31 $1,012.31 $1,012.31 LAIF 0.230% 0.230% 1/1/2022 $0.00 $0.00 $0.00
Weighted Average Maturity = 1 day $1,012.31 $1,012.31 $1,012.31 23 Fund Coupon Yield Maturity Face Value Cost Per Book Market Value Miscellaneous Funds
December 31, 2021
2016A Electric Revenue Refunding Project
Money Mkt Collateralized (East West Bank) 0.100% 0.100% 1/1/2022 $8,741.54 $8,741.54 $8,741.54 Weighted Average Maturity = 1 day $8,741.54 $8,741.54 $8,741.54 2016A Electric Revenue Refunding Reserve
Money Mkt Collateralized (East West Bank) 0.100% 0.100% 1/1/2022 $23,440.33 $23,440.33 $23,440.33 FFCB 3133EMBH4 0.530% 0.530% 9/29/2025 $2,680,000.00 $2,680,000.00 $2,614,588.14 Weighted Average Maturity = 3.76 $2,703,440.33 $2,703,440.33 $2,638,028.47 Frontier
Money Mkt Collateralized (East West Bank) 0.100% 0.100% 1/1/2022 $100,473.59 $100,473.59 $100,473.59 Weighted Average Maturity = 1 day $100,473.59 $100,473.59 $100,473.59 2020A Water Refund Revenue Bonds Project
LAIF 0.230% 0.230% 1/1/2022 $6,235,194.80 $6,235,194.80 $6,235,194.80 Money Mkt Collateralized (East West Bank) 0.100% 0.100% 1/1/2022 $3,250.11 $3,250.11 $3,250.11 Weighted Average Maturity = 1 day $6,238,444.91 $6,238,444.91 $6,238,444.91 2021A Water Refund Revenue Bonds Project
LAIF 0.230% 0.230% 1/1/2022 $15,000,000.00 $15,000,000.00 $15,000,000.00 Money Mkt Collateralized (East West Bank) 0.100% 0.100% 1/1/2022 $9.91 $9.91 $9.91 Weighted Average Maturity = 1 day $15,000,009.91 $15,000,009.91 $15,000,009.91 GRAND TOTAL: $40,194,525.66 $40,194,525.66 $39,886,456.49 24 V. Investments Held by Trustees
Schedule of Funds Held by Trustees
CITY OF PASADENA
For Period Ending 12/31/2021 Market Yield 0.03%
Maturity 01/01/22
$ Amount
Trustee/Officer Issue Name Shares/Par Cost Market Maturity % Maturity Date Investment Value Value D ate Yld
BNY 2020A Water Revenue Refunding Bonds
James Dickson COI-2020 Account #746583
(213)630-6204 Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 23,558.07 23,558.07 23,558.07 01/01/22 0.03% Lena Chan DEBT SERVICE-2020 Account #746585
(213) 630-6253 Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 1.21 1.21 1.21 Total 23,559.28 23,559.28 23,559.28
2020AB POB Bonds
BNY POB COI-2020B Account #220413
James Dickson BlackRock Treasury Turst Dollars 63 Cusip: X9USDBTRD - - - 01/01/22 0.02% (213)630-6204 POB Bond Fund-2020B Account #220414
Lena Chan Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 2.94 2.94 2.94 01/01/22 0.03% (213) 630-6253 POB COI-2020A Account #765976
Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS - - - 01/01/22 0.03% POB Bond Fund-2020A Account #765990
Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 6.44 6.44 6.44 01/01/22 0.03% Total 9.38 9.38 9.38
2019A Electric Revenue Bonds
BNY Electric COI-2019A Account #106207
James Dickson Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 36,301.49 36,301.49 36,301.49 01/01/22 0.03% (213)630-6204 Electric Bond Fund-2019A Account #113813 - Lena Chan Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS - - - 01/01/22 0.03% (213) 630-6253
Total 36,301.49 36,301.49 36,301.49
US Bank Pasadena Public Financing Authority
Ilse Vlach Interest Fund- Series 2018A Account #248882000 (213) 615-6051 Fidelity Govt Protfolio CI Cusp:316175108 9.33 9.33 9.33 01/01/22 0.01% Adriana Marshall Costs of Issuance- Series 2018A Account #248882002 (213) 615-6033 Fidelity Govt Protfolio CI Cusp:316175108 - - - 01/01/22 0.01% Interest Fund- Series 2018B Account #248882100
Fidelity Govt Protfolio CI Cusp:316175108 1.96 1.96 1.96 01/01/22 0.01% Principal Fund- Series 2018B Account #248882101
Fidelity Govt Protfolio CI Cusp:316175108 22.74 22.74 22.74 01/01/22 0.01% Costs of Issuance- Series 2018B Account #248882102
Fidelity Govt Obl Fd Cl D 316175108 - - - 01/01/22 0.01% Total 34.03 34.03 34.03
2017A Water Revenue Bonds
BNY Debt Service-2017A Account #948165
James Dickson Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS - - - 01/01/22 0.03% (213)630-6204 Reserve Fund-2017A Account #948269
Lena Chan Federal Home Loan Banks Cusip: 3130AL3S1 1,050,000.00 1,050,000.00 1,028,443.50 02/17/26 0.63% (213) 630-6253 Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 23,291.42 23,291.42 23,291.42 01/01/22 0.03% Total 1,073,291.42 1,073,291.42 1,051,734.92
25 Schedule of Funds Held by Trustees
CITY OF PASADENA
For Period Ending 12/31/2021 Market Yield 0.03%
Maturity 01/01/22
$ Amount
Trustee/Officer Issue Name Shares/Par Cost Market Maturity % Maturity Date Investment Value Value D ate Yld
US Bank Pasadena Public Financing Authority
Ilse Vlach Interest Fund- Series 2016A Account #264433000 (213) 615-6051 Fidelity Govt Protfolio CI Cusp:316175108 1.50 1.50 1.50 01/01/22 0.01% Adriana Marshall
Insurance & Condemnation Fund- Series 2016A Account
#264433002
(213) 615-6033 Fidelity Govt Obl Fd Cl D 316175108 0.19 0.19 0.19 01/01/22 0.01% Cost of Issuance- Series 2016A Account #264433003
First American Govt Obl Fd Cl D 31846V401 - - - 01/01/22 0.00% Total 1.69 1.69 1.69
BNY Pasadena 2015A COPS Bond
James Dickson COPS Base Rental-2015A Account #336964
(213)630-6204 Cash Balance - - - 01/01/22 0.00%
Lena Chan Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS - - - 01/01/22 0.03% (213) 630-6253 Total - - -
BNY Pasadena Tax Pension 2015AB Bond
James Dickson Bond Fund-2015A POB Account #479226
(213)630-6204 Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 569.42 569.42 569.42 01/01/22 0.03% Lena Chan Cash Balance - - - 01/01/22 0.00%
(213) 630-6253 Bond Fund-2015A POB Account #479231
Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 0.49 0.49 0.49 01/01/22 0.03% Cash Balance - - - 01/01/22 0.00%
Total 569.91 569.91 569.91
` Pasadena Water Revenue 2011A
James Dickson 2011 Water Revenue Debt Service Fund Account #288994 (213)630-6204 Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 0.18 0.18 0.18 01/01/22 0.03% Lena Chan Total 0.18 0.18 0.18
(213) 630-6253
BNY Pasadena Water Revenue 2010AB
James Dickson 2010 A Parity Reserve Account #286245
(213)630-6204 Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 7,282.46 7,282.46 7,282.46 01/01/22 0.03% Lena Chan Federal Home Loan Bank CUSIP:3130AL3S1 1,350,000.00 1,350,000.00 1,322,284.50 02/17/26 0.63% (213) 630-6253 Cash - - - 01/01/22 0.00%
2010 B Debt Service Account #286247
Cash - - - 01/01/22 0.03%
2010 B Parity Reserve Account #286248
Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 3,840.80 3,840.80 3,840.80 01/01/22 0.03% Federal Home Loan Bank CUSIP:3130AL3S1 300,000.00 300,000.00 293,841.00 02/17/26 0.63% Cash - - - 01/01/22 0.00%
2010 A Debt Service Fund Account #286295
Cash - - - 01/01/22 0.03%
Total 1,661,123.26 1,661,123.26 1,627,248.76
26 Schedule of Funds Held by Trustees
CITY OF PASADENA
For Period Ending 12/31/2021 Market Yield 0.03%
Maturity 01/01/22
$ Amount
Trustee/Officer Issue Name Shares/Par Cost Market Maturity % Maturity Date Investment Value Value D ate Yld
US Bank 2010 Rose Bowl Pasadena PFA Lease Revenue Bonds Ilse Vlach Interest Fund (S631591)
(213) 615-6051 Fidelity Instl Mm Fds Government I CUSIP:316175108 375,204.18 375,204.18 375,204.18 01/01/22 0.01% Adriana Marshall Cash - - - 01/01/22 0.00%
(213) 615-6071 Principal Fund (S631592)
Fidelity Instl Mm Fds Government I CUSIP:316175108 3.18 3.18 3.18 01/01/22 0.01% Bond Reserve Fund (S631593)
Federal Home Loan Bank Funds CUSIP: 3130ALBD5 15,500,000.00 15,500,000.00 14,951,455.00 02/25/41 2.15% Fidelity Instl Mm Fds Government I CUSIP:316175108 70,787.56 70,787.56 70,787.56 01/01/22 0.01% Cash - - - 01/01/22 0.00%
Total 15,945,994.92 15,945,994.92 15,397,449.92 Wells Fargo Bank PPFA (Paseo Colorado Parking Facilities) 2008 Tracy Mason Bond Fund Account #23200100
(213) 253-7536 Well Fargo Advantage Government Money Market Service 4,977.66 4,977.66 4,977.66 01/01/22 0.02% Mataka Mpose Cash - - - 01/01/22 0.00%
Reserve Fund Account #23200101
[email protected] FHLB Cusip: 3130APVC6 2,000,000.00 2,000,000.00 1,998,800.00 12/01/26 1.38% [email protected] Well Fargo Advantage Government Money Market Service - - - 01/01/22 0.01% Cost of Issuance Fund Account #23200103
Well Fargo Advantage Government Money Market Service - - - 01/01/22 0.00% Total 2,004,977.66 2,004,977.66 2,003,777.66
BNY Pasadena 2006,2008,2015 COP Reserves
James Dickson Reserve Account #281635
(213)630-6204 Federal Home Loan Banks CUSIP:3130AKKQ8 4,950,000.00 4,950,000.00 4,758,484.50 12/23/30 1.25% Lena Chan Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 119,452.34 119,452.34 119,452.34 01/01/22 0.03% (213) 630-6253 Cash - - - 01/01/22 0.00%
Total 5,069,452.34 5,069,452.34 4,877,936.84
Pasadena 2008AB COPS, 15A Parity Reserve
BNY Reserve Fund #281207
James Dickson Federal Home Loan Banks CUSIP:3130AKKQ8 1,325,000.00 1,325,000.00 1,273,735.75 12/23/30 1.25% (213)630-6204 Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 25,443.27 25,443.27 25,443.27 01/01/22 0.03% Lena Chan Cash Balance - - -
(213) 630-6253 Total 1,350,443.27 1,350,443.27 1,299,179.02 27 Schedule of Funds Held by Trustees
CITY OF PASADENA
For Period Ending 12/31/2021 Market Yield 0.03%
Maturity 01/01/22
$ Amount
Trustee/Officer Issue Name Shares/Par Cost Market Maturity % Maturity Date Investment Value Value Date Yld
BNY Pasadena 2008A COPS
James Dickson Base Rental Fund #281732
(213)630-6204 Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 248,500.17 248,500.17 248,500.17 01/01/22 0.03% Lena Chan Cash Balance - - - 0.00%
(213) 630-6253 Interest Fund #281733
Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 4.28 4.28 4.28 01/01/22 0.03% Letter of Credit #281734
Bank of America CUS: S86494570 1.00 1.00 1.00 03/31/23 0.00% Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 0.36 0.36 0.36 01/01/22 0.03% Total 248,505.81 248,505.81 248,505.81
BNY Pasadena Conf Ctr 2006AB
James Dickson Base Rent 2006A #281715
(213)630-6204 AMBAC Insurance Pol#25713BE for $27,139,972.15 Lena Chan DTD 9/7/06 Due 2/1/23 Cus: S86692630 1.00 1.00 1.00 02/01/23 0.00% (213) 630-6253 Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 6.74 6.74 6.74 01/01/22 0.03% Cash Balance - - - 0.00%
Reserve Fund #281722
Federal Home Loan Banks CUSIP:3130AJRH4 10,800,000.00 10,800,000.00 10,283,436.00 06/29/40 2.07% Federal Home Loan Banks CUSIP:3130AKKQ8 270,000.00 270,000.00 259,553.70 12/23/30 1.25% Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 341,524.72 341,524.72 341,524.72 01/01/22 0.03% Rebate Fund #281726
Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 3.48 3.48 3.48 01/01/22 0.03% Cash Balance - - - 0.00%
Prepayment #281735
Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS - - - 01/01/22 0.00% Total 11,411,535.94 11,411,535.94 10,884,525. 64 BNY Pasadena Water Revenue 2003
James Dickson Parity Reserve Account #281651
(213)630-6204 Federal Home Loan Banks CUSIP: 3130AL3S1 1,000,000.00 1,000,000.00 979,470.00 02/17/26 0.63% Lena Chan Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 10,805.93 10,805.93 10,805.93 01/01/22 0.03% (213) 630-6253 Cash - - - 01/01/22 0.00%
Total 1,010,805.93 1,010,805.93 990,275.93
BNY COPS Parity Reserve Fund(2006A, and 2008ABC COP)
James Dickson Certificate Reserve #281143
(213)630-6204 Federal Home Loan Banks CUSIP: 3130AKKQ8 2,025,000.00 2,025,000.00 1,946,652.75 12/23/30 1.25% Lena Chan Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 49,919.59 49,919.59 49,919.59 01/01/22 0.03% (213) 630-6253 Cash - - - 01/01/22 0.00%
(In aggegrate with 2006A, Total Funds 2,074,919.59 2,074,919. 59 1,996,572. 34 and 2008ABC COP reserve)
28 Schedule of Funds Held by Trustees
CITY OF PASADENA
For Period Ending 12/31/2021 Market Yield 0.03%
Maturity 01/01/22
$ Amount
Trustee/Officer Issue Name Shares/Par Cost Market Maturity % Maturity Date Investment Value Value Date Yld
SCPPA SCPPA Investments
Atif Haji Datoo SCPPA Project Stabilization Fund
(213) 367-4668 Fidelity Inst MMKT GOVT 57CUSIP:X9USDFIN 1,228,893.81 1,228,893.81 1,228,893.81 01/01/22 0.01% US Cash Mgmt Bill Cusip: 912796Q51 2,500,000.00 2,499,902.78 2,500,000.00 01/04/22 0.04% US Cash Mgmt Bill Cusip: 912796S91 3,000,000.00 2,999,533.33 2,999,550.00 03/22/22 0.05% US Cash Mgmt Bill Cusip: 912796k57 2,000,000.00 1,998,710.56 1,998,080.00 07/14/22 0.11% Federal Home Loan Bank CUSIP: 3130ANZG8 1,000,000.00 999,800.00 993,560.00 09/16/24 0.16%
0.00%
(213) 367-3073 - - - 0.00%
Total 9,728,893.81 9,726,840.48 9,720,083. 81
TOTAL FUND BALANCE 51,640,419.73$ 51,638,366.40$ 50,157,766.43$ 29 VI. PARS Section 115 Trust
City of Pasadena
PARS Section 115 Trust
For the Month Ended December 31, 2021
Pension Account 6746056200
Market Value Book Value
Beginning Balance 13,297,717.16 12,122,945.96
Activity
Contributions - -
Disbursements - -
Total - -
Net Investment Income
Dividends 64,778.93 64,778.93
Interest 2.66 2.66
Other Income 0.14 0.14
Change in Accrued Income 1.87 1.87
Total Investment Income 64,783.60 64,783.60
Net Change in Unrealized Gain/Loss (216,039.92) -
Realized Gain/Loss 304,543.68 304,543.68
Total Market Value Adjustment 88,503.76 304,543.68
Trust Fees (2,866.51) (2,866.51)
PARS Fee (Net of Depository Earnings) (2,538.05) (2,538.05) Unreconciled Difference - -
Total (5,404.56) (5,404.56)
Ending Balance 13,445,599.96 12,486,868.68
1 Year Inception To Date
Investment Return (Inception-To-Date as of 12/31/2021) 5.07% 7.24% Benchmark Return (PARS Moderately Conservative) 5.50% 7.34% Asset Allocation
Market Value Percentage
Cash and Equivalents 171,482.91 1.28%
Equity 4,219,194.65 31.38%
Fixed Income 9,054,917.85 67.34%
Accrued Income 4.55 0.00%
Total 13,445,599.96 100.00%
Account Manager:
Kyra Clarke
3121 Michelson Dr 3rd Fl
Irvine, CA 92612
949-224-7214, [email protected]
Cash and Equivalents
1.28%
Equity
31.38%
Fixed Income
67.34%
Accrued Income
0.00%
30 City of Pasadena
PARS Section 115 Trust
For the Month Ended December 31, 2021
Post Employments Benefits Trust 6746056201
Market Value Book Value
Beginning Balance 2,517,845.88 2,295,360.93
Activity
Contributions - -
Disbursements - -
Total - -
Net Investment Income
Dividends 11,306.37 11,306.37
Interest 0.40 0.40
Other Income -
Change in Accrued Income 0.11 0.11
Total Investment Income 11,306.88 11,306.88
Net Change in Unrealized Gain/Loss, Fee Receipts & Deliveries Net (43,513.96) - Realized Gain/Loss 61,732.74 61,732.74
Total Market Value Adjustment 18,218.78 61,732.74
Trust Fees (544.00) (544.00)
PARS Fee (Net of Depository Earnings) (480.56) (480.56) Unreconciled Difference - -
Total (1,024.56) (1,024.56)
Ending Balance 2,546,346.98 2,367,375.99
1 Year Inception To Date
Investment Return (Inception-To-Date as of 12/31/2021) 5.14% 7.61% Benchmark Return (PARS Moderately Conservative) 5.50% 7.62% Asset Allocation
Market Value Percentage
Cash and Equivalents 24,760.06 0.97%
Equity 799,939.69 31.42%
Fixed Income 1,721,646.61 67.61%
Accrued Income 0.62 0.00%
Total 2,546,346.98 100.00%
Account Manager:
Kyra Clarke
3121 Michelson Dr 3rd Fl
Irvine, CA 92612
949-224-7214, [email protected]
Cash and Equivalents
0.97%
Equity
31.42%
Fixed Income
67.61%
Accrued Income
0.00%
31