City of Pasadena
Quarterly
Investment Report
Quarter Ending 9/30/2023
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
September 2023
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 June 12, 2023. 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 9/30/2023
TYPE MARKET VALUE PERCENT
Money Market - Collateralized 1,166 0.00%
Certificates of Deposit 1,250,000 0.19%
Municipal Bonds 23,929,051 3.55%
Corporate Bonds 73,577,222 10.91%
Federal Agencies 391,205,904 58.01%
US Treasury Securities 47,749,805 7.08%
Supernationals 28,607,452 4.24%
Commercial Paper 4,989,725 0.74%
Money Market-CAMP 96,006,536 14.24%
US Treasury Securities Disc 4,951,302 0.73%
LAIF 1,273,940 0.19%
Cash in Bank 808,135 0.12%
TOTALS: 674,350,237 100.00%
Accrued Interest Receivable 2,668,353
GRAND TOTAL: 677,018,590
PORTFOLIO LIQUIDITY AS OF 9/30/2023
Percent of
Aging Interval Par Value Portfolio
0-30 Days 108,089,776 15.27%
31 days - 1 Year 170,325,000 24.05%
1 - 2 Years 194,167,778 27.42%
2 - 3 Years 195,498,000 27.61%
3 - 4 Years 25,000,000 3.53%
4 - 5 Years 15,000,000 2.12%
Over 5 Years - 0.00%
TOTAL: 708,080,554 100.00%
Sep-23 Aug-23 Jul-23 Jun-23 May-23 Apr-23
Month-End Market Value 677,018,590 665,039,870 657,051,757 666,999,570 672,272,990 663,426,916 Modified Duration 1.28 1.38 1.47 1.46 1.44 1.54
Weighted Average Maturity 1.38 1.48 1.57 1.56 1.55 1.64 Current Book Yield to Maturity 2.223% 2.143% 2.083% 2.107% 2.054% 1.922% Effective Yield - Year to Date 2.120% 2.090% 2.090% 1.600% 1.550% 1.510% Interest Earned 1,202,291 1,111,375 1,115,809 1,065,968 990,842 919,839 Fiscal Year To Date Interest Earned 3,429,475 2,227,184 1,115,809 9,574,303 8,508,335 7,517,493 Fair Value Change Gain/(Loss) (16,094) 1,573,542 1,285,606 (446,116) (1,950,287) 553,847 Fiscal Year To Date change in fair value 2,843,054 2,859,147 1,285,606 (4,491,943) (4,045,827) (2,095,540) Total Fiscal YTD Earnings 6,272,529 5,086,331 2,401,414 5,082,360 4,462,508 5,421,953
PORTFOLIO STATISTICS
MMF-Collateral
0.00%
Certificates of
Deposit
0.19%
Muni
3.55%
Corp Bond
10.91%
Fed Agency
58.01%
US Treasury
7.08%
Supranationals
4.24%
Commercial
Paper
0.74%
Money Market-
CAMP
14.24%
US Treasury
Securities Disc
0.73%
LAIF
0.19%
Cash
in
Bank
0.12%
1 YTM
365Par Value Book Value
Maturity
Date
Stated
RateMarket Value
September 30, 2023
Portfolio Details - Investments
Average
BalanceIssuer
Portfolio Management
Monthly for Pool
Days to
MaturityMoody'sCUSIP Investment #
Purchase
Date
LAIF
3.480Local Agency Investment Fund864 1,029,652.97 1,029,652.97 3.4801,029,652.97SYS864 1
3.480LAIF-COVID Relief Funds Acct14053 244,286.65 244,286.65 3.480244,286.65SYS14053 1 1,273,939.621,273,939.621,273,939.621,273,939.62Subtotal and Average 3.480 1 Money Market Fund-CAMP
5.627California Asset Management Pr13824 96,006,535.78 96,006,535.78 5.55096,006,535.78SYS13824 1 96,006,535.7896,006,535.7896,006,535.7885,816,284.75Subtotal and Average 5.627 1 Collateralized Money Market
4.800EAST WEST BANK13067 1,165.86 1,165.86 4.8001,165.86SYS13067 1 1,165.861,165.861,165.861,165.86Subtotal and Average 4.800 1 Municipal Bonds
0.475Califfornia State Univ Revenur13830 2,000,000.00 2,000,000.00 11/01/20230.47509/17/2020 1,992,080.00 Aa213077DMJ8 31
2.125Beverly Hills PFA13710 1,000,000.00 1,000,000.00 06/01/20242.12508/08/2019 977,220.00 AA+088006JM4 244
0.730Beverly Hills PFA13869 750,000.00 750,000.00 06/01/20240.73010/15/2020 726,232.50 AA+088006JY8 244
0.587City of Orange Taxable Pension13916 1,500,000.00 1,500,000.00 06/01/20240.58703/15/2021 1,451,100.00 AA684100AC4 244
2.070South Pasadena Unified School13748 325,000.00 332,527.77 08/01/20245.00012/12/2019 323,469.25 Aa2839278JX7 305
0.580SAN RAMON VLY CA UNIF SCH DIST13871 1,500,000.00 1,500,000.00 08/01/20240.58010/20/2020 1,440,705.00 Aa1799408Z77 305
0.575West Coast Contra Unified Scho13941 1,000,000.00 1,000,000.00 08/01/20240.57506/17/2021 958,890.00 AA9523474U3 305
0.685Califfornia State Univ Revenur13829 2,000,000.00 2,000,000.00 11/01/20240.68509/17/2020 1,899,320.00 Aa213077DMK5 397
0.982City of Arcadia13882 675,000.00 675,000.00 12/01/20240.98211/12/2020 639,744.75 Aaa039063AD4 427
0.650SANTA BARBARA CNTY CA SOLID WA13894 300,000.00 310,418.24 12/01/20243.67012/18/2020 293,583.00 A180136PDB6 427
0.943Huntington Beach CA Public Fin13861 300,000.00 300,000.00 05/01/20250.94308/12/2020 279,162.00 AA446216HJ5 578
0.883UNIVERSITY OF CA REVENUE BONDS13827 1,000,000.00 1,000,000.00 05/15/20250.88307/16/2020 932,480.00 Aa291412HGE7 592
0.610UNIVERSITY OF CA REVENUE BONDS13893 5,000,000.00 5,021,794.34 05/15/20250.88312/16/2020 4,662,400.00 Aa291412HGE7 592
0.952California St Health Facs Fing13883 1,500,000.00 1,500,000.00 06/01/20250.95211/04/2020 1,393,395.00 Aa313032UXM5 609
0.824Redondo Beach Unified School13840 500,000.00 500,000.00 08/01/20250.82408/06/2020 460,265.00 Aa2757710TZ1 670
2.311South Pasadena Unified School13747 675,000.00 706,024.72 08/01/20255.00012/12/2019 670,302.00 Aa2839278JY5 670
0.740SAN RAMON VLY CA UNIF SCH DIST13872 1,500,000.00 1,500,000.00 08/01/20250.74010/20/2020 1,381,080.00 Aa1799408Z85 670
0.938West Coast Contra Unified Scho13940 3,000,000.00 3,000,000.00 08/01/20250.93806/17/2021 2,762,550.00 AA9523474V1 670
1.181City of Arcadia13881 750,000.00 750,000.00 12/01/20251.18211/12/2020 685,072.50 Aaa039063AE2 792 25,345,765.0723,929,051.0025,275,000.0025,347,711.32Subtotal and Average 0.844 474 Certificates of Deposit - Bank
0.650BMW BANK NORTH AMERICA13949 250,000.00 250,000.00 09/17/20240.65009/17/2021 250,000.0005580AD68 352
0.650SYNCHRONY BANK13952 250,000.00 250,000.00 09/17/20240.65009/17/2021 250,000.0087164YB60 352
0.650GOLDMAN SACHS BANK USA CD13951 250,000.00 250,000.00 09/23/20240.65009/22/2021 250,000.0038149MZY2 358 Portfolio PASD
APData Updated: SET_POOL: 10/19/2023 15:46
Run Date: 10/19/2023 - 15:46 PM (PRF_PM2) 7.3.0
2 YTM
365Par Value Book Value
Maturity
Date
Stated
RateMarket Value
September 30, 2023
Portfolio Details - Investments
Average
BalanceIssuer
Portfolio Management
Monthly for Pool
Days to
MaturityMoody'sCUSIP Investment #
Purchase
Date
Certificates of Deposit - Bank
0.700SALLIE MAE BANK/SALT LKE CD13956 250,000.00 250,000.00 09/23/20240.70009/22/2021 250,000.00795451AW3 358
0.650UBS BANK USA13950 250,000.00 250,000.00 09/23/20240.65009/22/2021 250,000.0090348JT42 358 1,250,000.001,250,000.001,250,000.001,250,000.00Subtotal and Average 0.660 356 Federal Agency Issues - Coupon
4.625Federal Home Loan Bank14000 5,000,000.00 5,000,000.00 10/27/20234.62510/27/2022 4,996,350.35 Aaa3130ATNK9 26
0.320FED HOME LOAN MORTAGE CORP13879 10,000,000.00 10,000,000.00 11/02/20230.32011/02/2020 9,957,156.60 Aaa3134GW6E1 32
0.320FED HOME LOAN MORTAGE CORP13880 5,000,000.00 5,000,000.00 11/02/20230.32011/02/2020 4,978,578.30 Aaa3134GW6E1 32
0.320FED HOME LOAN MORTAGE CORP13887 10,000,000.00 10,000,000.00 11/24/20230.32011/24/2020 9,925,231.30 Aaa3134GXCA0 54
0.250Federal Home Loan Bank13896 5,000,000.00 5,000,000.00 12/28/20230.25012/28/2020 4,938,533.90 Aaa3130AKL79 88
0.250Federal Home Loan Bank13897 5,000,000.00 5,000,000.00 12/28/20230.25012/28/2020 4,938,533.90 Aaa3130AKL79 88
0.800Federal Home Loan Bank13972 7,500,000.00 7,500,000.00 12/28/20230.80012/28/2021 7,415,378.48 Aaa3130AQ6F5 88
5.126FED NATIONAL MORTGAGE ASSN14011 5,000,000.00 5,000,000.00 02/09/20245.12502/13/2023 4,990,051.90 Aaa3135GAEU1 131
5.250Federal Home Loan Bank14012 4,000,000.00 4,000,000.00 03/01/20245.25003/01/2023 3,995,002.92 Aaa3130AUZ23 152
5.200FED NATIONAL MORTGAGE ASSN14015 5,000,000.00 5,000,000.00 03/28/20245.20003/30/2023 4,989,735.00 Aaa3135GAFP1 179
5.504Federal Home Loan Bank14014 5,000,000.00 5,000,000.00 04/01/20245.50003/08/2023 4,997,495.05 Aaa3130AVA36 183
0.500Federal Home Loan Bank13927 10,000,000.00 10,000,000.00 04/29/20240.50004/29/2021 9,711,630.90 Aaa3130ALXQ2 211
5.414Federal Home Loan Bank14017 5,000,000.00 5,000,000.00 06/07/20245.41005/10/2023 4,985,603.00 Aaa3130AVYY2 250
5.500Federal Home Loan Bank14020 5,000,000.00 5,000,000.00 06/28/20245.50006/28/2023 4,985,933.50 Aaa3130AWEX4 271
3.100FED HOME LOAN MORTAGE CORP13994 5,000,000.00 5,000,000.00 06/28/20243.10006/28/2022 4,909,641.20 Aaa3134GXYE8 271
0.625Federal Home Loan Bank13944 5,000,000.00 5,000,000.00 10/15/20240.62507/15/2021 4,752,412.75 Aaa3130AN4L1 380
0.500Federal Home Loan Bank13948 5,000,000.00 5,000,000.00 10/30/20240.50009/30/2021 4,737,457.15 Aaa3130ANYT1 395
0.900Federal Home Loan Bank13966 5,000,000.00 5,000,000.00 11/08/20240.90011/08/2021 4,752,441.65 Aaa3130APPQ2 404
1.100Federal Home Loan Bank13968 5,000,000.00 5,000,000.00 11/15/20241.10011/15/2021 4,759,673.75 Aaa3130APRA5 411
0.550Federal Home Loan Bank13937 10,000,000.00 10,000,000.00 11/26/20240.55005/26/2021 9,447,794.20 Aaa3130AMK92 422
0.650Federal Home Loan Bank13932 5,000,000.00 5,000,000.00 12/09/20240.65006/09/2021 4,721,435.60 Aaa3130AMJX1 435
1.150Federal Home Loan Bank13971 5,000,000.00 5,000,000.00 12/10/20241.15012/10/2021 4,749,440.85 Aaa3130AQ3F8 436
1.125Federal Home Loan Bank13973 5,000,000.00 5,000,000.00 01/21/20251.12501/21/2022 4,721,875.65 Aaa3130AQFG3 478
1.250Federal Home Loan Bank13975 5,000,000.00 5,000,000.00 01/28/20251.25001/28/2022 4,726,147.75 Aaa3130AQJ79 485
1.500Federal Home Loan Bank13977 5,000,000.00 5,000,000.00 02/18/20251.50002/18/2022 4,733,102.60 Aaa3130AQPF4 506
0.625Federal Home Loan Bank13933 5,000,000.00 5,000,000.00 02/27/20250.62505/27/2021 4,670,745.65 Aaa3130AMMG4 515
1.810Federal Home Loan Bank13979 4,700,000.00 4,700,000.00 02/27/20251.81002/28/2022 4,464,951.73 Aaa3130AQX99 515
0.650Federal Home Loan Bank13959 5,000,000.00 5,000,000.00 03/28/20250.65009/28/2021 4,657,775.10 Aaa3130AP5S0 544
3.000Federal Home Loan Bank13982 5,000,000.00 5,000,000.00 04/22/20253.00004/22/2022 4,817,755.35 Aaa3130ARJW2 569
0.750Federal Home Loan Bank13811 5,000,000.00 5,000,000.00 05/19/20250.75005/19/2020 4,639,966.10 Aaa3130AJLA5 596
3.400Federal Home Loan Bank13985 5,000,000.00 5,000,000.00 05/23/20253.40005/23/2022 4,840,774.80 Aaa3130ARZD6 600
0.750FED HOME LOAN MORTAGE CORP13814 5,000,000.00 5,000,000.00 05/28/20250.75005/28/2020 4,635,545.45 Aaa3134GVVX3 605
0.750FED HOME LOAN MORTAGE CORP13816 5,000,000.00 5,000,000.00 05/28/20250.75005/29/2020 4,635,545.45 Aaa3134GVB31 605 Portfolio PASD
APData Updated: SET_POOL: 10/19/2023 15:46
Run Date: 10/19/2023 - 15:46 PM (PRF_PM2) 7.3.0
3 YTM
365Par Value Book Value
Maturity
Date
Stated
RateMarket Value
September 30, 2023
Portfolio Details - Investments
Average
BalanceIssuer
Portfolio Management
Monthly for Pool
Days to
MaturityMoody'sCUSIP Investment #
Purchase
Date
Federal Agency Issues - Coupon
0.750FED HOME LOAN MORTAGE CORP13817 5,000,000.00 5,000,000.00 05/28/20250.75006/01/2020 4,635,545.45 Aaa3134GVB31 605
0.780Federal Farm Credit Bank13820 5,000,000.00 5,000,000.00 06/16/20250.78006/16/2020 4,627,855.50 Aaa3133ELK37 624
0.764Federal Home Loan Bank13822 3,017,777.77 3,017,571.21 06/16/20250.76006/19/2020 2,792,194.99 Aaa3130AJPT0 624
5.600FED HOME LOAN MORTAGE CORP14022 5,000,000.00 5,000,000.00 06/26/20255.60006/30/2023 4,968,919.65 Aaa3134GYUQ3 634
4.100Federal Home Loan Bank13996 5,000,000.00 5,000,000.00 08/08/20254.10008/08/2022 4,881,031.65 Aaa3130ASRJ0 677
0.650FED NATIONAL MORTGAGE ASSN13828 5,000,000.00 5,000,000.00 08/14/20250.65008/14/2020 4,590,421.45 Aaa3136G4C43 683
0.614Federal Farm Credit Bank13863 5,000,000.00 4,999,616.81 08/25/20250.61009/10/2020 4,581,485.85 Aaa3133EL4W1 694
0.530Federal Farm Credit Bank13864 20,000,000.00 20,000,000.00 09/29/20250.53009/29/2020 18,232,634.40 Aaa3133EMBH4 729
4.300Federal Home Loan Bank13997 5,000,000.00 5,000,000.00 09/30/20254.30009/30/2022 4,891,264.85 Aaa3130ATBN6 730
0.600FED HOME LOAN MORTAGE CORP13870 10,000,000.00 10,000,000.00 09/30/20250.60009/30/2020 9,128,501.30 Aaa3134GWVN3 730
0.600FED HOME LOAN MORTAGE CORP13873 10,000,000.00 10,000,000.00 10/15/20250.60010/15/2020 9,109,544.10 Aaa3134GWYS9 745
0.625FED HOME LOAN MORTAGE CORP13877 10,000,000.00 10,000,000.00 10/27/20250.62510/27/2020 9,102,169.10 Aaa3134GW3X2 757
0.600FED HOME LOAN MORTAGE CORP13878 5,000,000.00 5,000,000.00 10/27/20250.60010/27/2020 4,548,661.30 Aaa3134GW5P7 757
0.600FED HOME LOAN MORTAGE CORP13874 10,000,000.00 10,000,000.00 10/28/20250.60010/28/2020 9,096,275.70 Aaa3134GW3F1 758
0.600FED HOME LOAN MORTAGE CORP13876 5,000,000.00 5,000,000.00 10/28/20250.60010/28/2020 4,548,137.85 Aaa3134GW3Z7 758
0.600Federal Farm Credit Bank13888 10,000,000.00 10,000,000.00 11/24/20250.60011/24/2020 9,057,400.70 Aaa3133EMHF2 785
0.690FED HOME LOAN MORTAGE CORP13886 5,000,000.00 5,000,000.00 11/25/20250.62511/25/2020 4,530,683.45 Aaa3134GXCS1 786
0.719FED HOME LOAN MORTAGE CORP13891 5,000,000.00 5,000,000.00 11/26/20250.65011/30/2020 4,532,672.70 Aaa3134GXFA7 787
5.000Federal Home Loan Bank14007 5,000,000.00 5,000,000.00 12/29/20255.00012/29/2022 4,926,184.35 Aaa3130AUBX1 820
5.350FED HOME LOAN MORTAGE CORP14002 5,000,000.00 5,000,000.00 12/29/20255.35012/29/2022 4,947,029.10 Aaa3134GY7A4 820
0.550Federal Home Loan Bank13900 5,000,000.00 5,000,000.00 02/12/20260.55002/12/2021 4,482,882.95 Aaa3130AKVR4 865
0.625Federal Home Loan Bank13905 5,000,000.00 5,000,000.00 02/17/20260.62502/17/2021 4,488,762.65 Aaa3130AL3S1 870
0.750Federal Home Loan Bank13907 5,000,000.00 5,000,000.00 02/24/20260.75002/24/2021 4,498,961.50 Aaa3130ALCV4 877
0.630Federal Home Loan Bank13906 5,000,000.00 5,000,000.00 02/26/20260.63002/26/2021 4,484,627.25 Aaa3130ALB94 879
0.844Federal Farm Credit Bank13911 10,000,000.00 9,999,032.22 03/02/20260.84003/02/2021 9,011,728.60 Aaa3133EMSK9 883
0.800Federal Home Loan Bank13908 5,000,000.00 5,000,000.00 03/04/20260.80003/04/2021 4,500,425.25 Aaa3130ALEY6 885
0.800Federal Home Loan Bank13909 5,000,000.00 5,000,000.00 03/10/20260.80003/10/2021 4,497,554.30 Aaa3130ALFS8 891
5.750FED HOME LOAN MORTAGE CORP14013 5,000,000.00 5,000,000.00 03/20/20265.75003/20/2023 4,964,301.80 Aaa3134GYLK6 901
1.000Federal Home Loan Bank13910 4,875,000.00 4,875,000.00 03/23/20261.00003/23/2021 4,401,614.54 Aaa3130ALGJ7 904
6.000Federal Home Loan Bank14023 5,000,000.00 5,000,000.00 07/27/20266.00007/27/2023 4,974,178.55 Aaa3130AWML1 1,030
5.000Federal Farm Credit Bank13999 5,000,000.00 5,000,000.00 09/23/20265.00009/23/2022 4,910,273.00 Aaa3133ENN97 1,088
0.940Federal Farm Credit Bank13960 5,000,000.00 5,000,000.00 09/28/20260.94009/28/2021 4,427,712.55 Aaa3133EM6E7 1,093
1.000Federal Home Loan Bank13953 5,000,000.00 5,000,000.00 09/30/20261.00009/30/2021 4,435,075.05 Aaa3130ANYN4 1,095
1.250Federal Home Loan Bank13964 5,000,000.00 5,000,000.00 10/28/20261.25010/28/2021 4,457,504.00 Aaa3130APDQ5 1,123
5.000Federal Home Loan Bank13998 5,000,000.00 5,000,000.00 09/14/20275.00009/28/2022 4,877,046.45 Aaa3130AT3P0 1,444
5.184FED HOME LOAN MORTAGE CORP14021 5,000,000.00 5,000,000.00 06/28/20286.00006/30/2023 4,942,965.30 Aaa3134GYUE0 1,732
6.000FED HOME LOAN MORTAGE CORP14024 5,000,000.00 5,000,000.00 07/27/20286.00007/28/2023 4,941,979.05 Aaa3134GYXS6 1,761 414,091,220.24391,205,904.11414,092,777.77414,091,191.13Subtotal and Average 1.761 617 Portfolio PASD
APData Updated: SET_POOL: 10/19/2023 15:46
Run Date: 10/19/2023 - 15:46 PM (PRF_PM2) 7.3.0
4 YTM
365Par Value Book Value
Maturity
Date
Stated
RateMarket Value
September 30, 2023
Portfolio Details - Investments
Average
BalanceIssuer
Portfolio Management
Monthly for Pool
Days to
MaturityMoody'sCUSIP Investment #
Purchase
Date
Treasury Securities - Coupon
0.761US TREASURY13974 10,000,000.00 9,999,728.35 12/31/20230.75012/31/2021 9,885,937.50 Aaa91282CDR9 91
1.081US TREASURY13978 5,000,000.00 4,996,605.31 01/31/20240.87501/31/2022 4,925,585.95 Aaa91282CDV0 122
0.470US TREASURY13943 10,000,000.00 9,984,595.13 06/15/20240.25006/25/2021 9,640,234.40 Aaa91282CCG4 258
0.515US TREASURY13962 5,000,000.00 4,993,333.86 09/15/20240.37509/24/2021 4,764,843.75 Aaa91282CCX7 350
0.747US TREASURY13965 5,000,000.00 4,993,729.91 10/15/20240.62510/22/2021 4,759,179.70 Aaa91282CDB4 380
0.554US TREASURY13954 10,000,000.00 9,992,061.73 03/31/20250.50009/16/2021 9,321,093.80 Aaa912828ZF0 547
0.924US TREASURY13963 5,000,000.00 4,975,297.63 08/31/20260.75009/24/2021 4,452,929.70 Aaa91282CCW9 1,065 49,935,351.9247,749,804.8050,000,000.0049,932,977.21Subtotal and Average 0.684 371 Corporate Bonds - Coupon
5.001JPMORGAN CHASE FINANCIAL14009 5,000,000.00 5,000,000.00 12/26/20235.00012/22/2022 4,972,205.20 A148133PDD2 86
0.654ROYAL BANK OF CANADA13918 5,000,000.00 4,996,600.81 01/19/20240.42503/11/2021 4,920,977.15 A178015K7L2 110
2.250GOLDMAN SACHS13980 2,500,000.00 2,500,000.00 03/15/20242.25003/15/2022 2,442,617.55 A238150AL86 166
3.125JPMORGAN CHASE FINANCIAL13983 2,000,000.00 2,000,000.00 04/29/20243.12504/29/2022 1,963,751.54 A148133DE55 211
0.800Goldman Sach Corporate Bond13935 5,000,000.00 5,000,000.00 06/03/20240.80006/03/2021 4,810,900.55 A238150AG41 246
0.672ROYAL BANK OF CANADA13947 5,000,000.00 4,999,103.24 07/29/20240.65007/29/2021 4,789,326.50 A178016EZU4 302
0.900NEW YORK LIFE GL13967 5,000,000.00 5,000,000.00 10/29/20240.90010/29/2021 4,737,671.85 Aaa64952WEJ8 394
4.050CITIGROUP GLOBAL MARKETS13990 2,500,000.00 2,500,000.00 05/27/20254.05005/27/2022 2,402,961.97 A217330FVU2 604
4.050CITIGROUP GLOBAL MARKETS13991 2,500,000.00 2,500,000.00 05/27/20254.05005/27/2022 2,402,961.97 A217330FVU2 604
0.825JP MORGAN13898 5,000,000.00 5,000,000.00 12/22/20250.82512/22/2020 4,417,978.70 A148128GY53 813
1.357BANK OF AMERICA CORP13923 5,000,000.00 4,912,471.28 01/26/20260.60003/25/2021 4,388,184.85 A106048WK82 848
0.752BANK OF NEW YORK MELLON13901 5,000,000.00 4,999,766.98 01/28/20260.75002/02/2021 4,490,149.50 A106406RAQ0 850
0.718APPLE INC13902 5,000,000.00 4,997,976.61 02/08/20260.70002/08/2021 4,508,824.95 Aaa037833EB2 861
1.250BANK OF AMERICA CORP13934 5,000,000.00 5,000,000.00 05/28/20261.25005/28/2021 4,399,111.75 A106048WM31 970
1.263BANK OF AMERICA CORP13945 3,623,000.00 3,616,971.20 06/25/20261.20007/21/2021 3,176,032.92 A106048WM64 998
1.155ROYAL BANK OF CANADA13958 6,250,000.00 6,249,095.16 07/14/20261.15009/22/2021 5,525,547.56 A178016EZT7 1,017
1.365Credit Suisse New York13961 5,000,000.00 4,984,168.11 08/07/20261.25009/24/2021 4,370,137.60 A322550L2G5 1,041
5.650CITIGROUP14004 5,000,000.00 5,000,000.00 12/16/20275.65012/16/2022 4,857,880.10 Aa117330YDB3 1,537 79,256,153.3973,577,222.2179,373,000.0079,253,769.08Subtotal and Average 1.810 682 Commercial Paper Disc. -Amortizing
5.218CREDIT AGRICOLE CIB NY (CP)14010 5,000,000.00 4,991,676.40 10/13/20234.93501/20/2023 4,989,725.00 P-122533UXD0 12 4,991,676.404,989,725.005,000,000.008,479,001.13Subtotal and Average 5.218 12 Treasury Discounts -Amortizing
5.449US TREASURY14019 5,000,000.00 4,951,696.03 12/07/20235.16506/12/2023 4,951,302.10 Aaa912797FT9 67 4,951,696.034,951,302.105,000,000.004,941,307.66Subtotal and Average 5.449 67 Portfolio PASD
APData Updated: SET_POOL: 10/19/2023 15:46
Run Date: 10/19/2023 - 15:46 PM (PRF_PM2) 7.3.0
5 YTM
365Par Value Book Value
Maturity
Date
Stated
RateMarket Value
September 30, 2023
Portfolio Details - Investments
Average
BalanceIssuer
Portfolio Management
Monthly for Pool
Days to
MaturityMoody'sCUSIP Investment #
Purchase
Date
Supranationals
1.070Inter-American Devel Bank13976 5,000,000.00 5,022,377.92 01/16/20242.62501/21/2022 4,957,558.80 Aaa4581X0DF2 107
0.500Inter-American Devel Bank13955 10,000,000.00 10,000,000.00 09/23/20240.50009/23/2021 9,513,603.70 Aaa4581X0DZ8 358
0.610INTL FINANCE CORP13957 5,000,000.00 4,999,299.27 02/28/20250.60009/28/2021 4,658,152.25 Aaa45950VQJ8 516
0.647INTL BK RECON & DEVELOP13903 5,000,000.00 5,000,000.00 02/10/20260.65002/10/2021 4,501,103.00 Aaa459058JS3 863
5.750INTL BK RECON & DEVELOP14018 5,000,000.00 5,000,000.00 06/15/20265.75006/15/2023 4,977,034.15 Aaa45906M4C2 988 30,021,677.1928,607,451.9030,000,000.0030,024,747.44Subtotal and Average 1.513 531 700,412,095.19 707,272,419.03 2.223 504673,542,102.38 707,125,181.50Total and Average Portfolio PASD
APData Updated: SET_POOL: 10/19/2023 15:46
Run Date: 10/19/2023 - 15:46 PM (PRF_PM2) 7.3.0
6 COMPLIANCE REPORT
Pooled Investment Portfolio
As of 9/30/23
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 0.00% 100% In compliance 102% Collateral 102% Collateral In compliance In compliance Certificates of Deposit 0.19% 30% In compliance n/a n/a In compliance In compliance Municipal Bonds 3.55% 100% In compliance Aaa/Aa3/Aa2/Aa1/A2/AA+/AA-/AAA/AA A or better In compliance In compliance US Treasury Securities 7.08% 100% In compliance Aaa AA+/Aaa In compliance In compliance Corporate Bonds 10.91% 30% In compliance* Aa1/A1/A2/A3 A or better In compliance In compliance Federal Agency Issues 58.01% 100% In compliance Aaa AA+/Aaa In compliance In compliance Supranationals 4.24% 30% In compliance Aaa AA or better In compliance In compliance Commercial Paper 0.74% 100% In compliance P-1 (Short-term) P-1 (Short-term) In compliance In compliance Money Market-CAMP 14.24% 100% In compliance n/a n/a In compliance In compliance US Treasury Securities Disc 0.73% 100% In compliance Aaa AA+/Aaa In compliance In compliance LAIF 0.19% 100% In compliance n/a n/a In compliance In compliance Cash 0.12% 100% In compliance Collateralized Collateralized In compliance In compliance 100.00%
Portfolio Value 677,018,590
7 INVESTMENTS IN ISSUERS REPRESENTING OVER 5%
OF THE POOL PORTFOLIO
September 30, 2023
Market Value % of Total
FHLB 198,747,521 29.36%
FHLMC 123,039,084 18.17%
FFCB 54,849,091 8.10%
Total Fed Agencies 376,635,697 55.63% OTHER PORTFOLIO INVESTMENTS 300,382,893 44.37% Total Investments 677,018,590 * 100.00% note: * Includes Cash in Bank and Accrued Interest Receivable 8 Pooled Portfolio - Total Return Performance
ICE BofA Pooled
1-3 Index 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 Annual 0.696 0.417
2014 Annual 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
2022 1st quarter -2.580 -2.910
2nd quarter -0.625 -0.842
3rd quarter -1.503 -1.713
4th quarter 0.890 0.821
2023 1st quarter 1.480 1.599
2nd quarter -0.341 0.995
3rd quarter 0.781 1.000
Yield F iscal YTD
Pooled Portfolio YTM 2.22%
State Treasurer's LAIF yield 3.48%
2 Year Average US Treasury yield 4.94%
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 2013 2014 2015 2016 2017 2019 2020 2021 2022 2023 2024 2024 2024 2024 Money Market 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 12.91 16.74 9.14 7.25 3.97 1.59 11.73 6.76 0.00 0.00 0.00 Municipal Bonds 12.62 13.00 4.97 4.01 5.80 4.33 4.72 7.70 5.96 4.25 3.55 Corporate Bonds - Coupon 25.94 22.67 21.65 16.36 17.12 20.78 22.50 16.62 13.97 11.02 10.91 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 Federal Agency Issues - Coupon 36.55 43.39 43.45 49.70 55.86 54.14 34.00 47.35 48.79 57.84 58.01 Repurchase Agreements 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. 9.04 1.47 13.09 14.38 9.07 7.29 11.66 16.47 4.00 0.19 0.19 Cash 2.72 2.50 3.76 0.68 0.44 0.45 0.34 0.53 0.31 0.06 0.12 Treasury Securities 0.00 0.00 3.93 3.37 2.99 3.71 2.37 3.66 7.46 7.11 7.08 Treasury Securities Disc 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.54 1.48 0.73 Supranationals 0.00 0.00 0.00 4.25 3.76 5.89 8.24 0.80 3.73 4.27 4.24 Bank Notes 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 Commerical Paper - Disc (Amortizing) 0.00 0.00 0.00 0.00 0.99 0.82 0.00 0.00 1.55 2.97 0.74 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 Amortized Zero Cpn Bonds 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.77 0.00 0.00 Certificates of Deposit 0.22 0.23 0.00 0.00 0.00 1.00 0.00 0.00 0.20 0.19 0.19 Money Market-CAMP 0.00 0.00 0.00 0.00 0.00 0.00 3.89 0.12 11.72 10.61 14.24 Muni Variable Rate 0.00 0.00 0.00 0.00 0.00 0.00 0.54 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 0.00 10 II. Capital Endowment Portfolio
CITY OF PASADENA
Capital Endowment Portfolio
Vicken Erganian
City Treasurer
September 2023
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 June 12, 2023. 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 9/30/2023
TYPE MARKET VALUE PERCENT
Money Market - CAMP 86,619 4.58%
Federal Agencies 1,804,652 95.42%
TOTALS: 1,891,271 100.00%
Accrued Interest Receivable 7,058
GRAND TOTAL: 1,898,329
PORTFOLIO LIQUIDITY AS OF 9/30/2023
Percent of
Aging Interval Par Value Portfolio
0-30 Days 86,215 4.34%
31 days - 1 Year - 0.00%
1 - 2 Years - 0.00%
2 - 3 Years 1,900,000 95.66%
3 - 4 Years - 0.00%
4 - 5 Years - 0.00%
Over 5 Years - 0.00%
TOTAL: 1,986,215 100.00% -
PORTFOLIO STATISTICS
Sep-23 Aug-23 Jul-23 Jun-23 May-23 Apr-23
Month-End Mkt Value 1,898,329 1,891,579 1,879,795 1,874,968 1,871,287 1,877,557 Modified Duration 1.06 1.14 1.21 1.29 1.37 1.45
Weighted Average Maturity 1.10 1.18 1.26 1.35 1.42 1.51 Current Book Yield to Maturity 1.202% 1.200% 1.195% 1.187% 1.183% 1.155% Effective Yield - Year to Date 1.190% 1.170% 1.170% 1.110% 1.100% 1.100% Interest Earned 1,992 1,987 1,971 1,964 1,924 1,891 Fiscal Year To Date Interest Earned 5,950 3,959 1,971 21,938 19,974 18,049 Fair Value Change Gain/(Loss) 4,759 9,796 2,856 1,717 (8,195) (3,952) Fiscal Year To Date change in fair value 17,411 12,652 2,856 (32,574) (34,292) (26,097) Total Fiscal YTD earnings 23,361 16,611 4,828 (10,637) (14,318) (8,048) MMF -
CAMP,
4.58%
Federal
Agencies,
95.42%
11 YTM
365Par Value Book Value
Maturity
Date
Stated
RateMarket Value
September 30, 2023
Portfolio Details - Investments
Average
BalanceIssuer
Portfolio Management
CAPITAL ENDOWMENT
Days to
MaturityMoody'sCUSIP Investment #
Purchase
Date
Money Market Fund-CAMP
5.627California Asset Management Pr14111 86,618.79 86,618.79 5.55086,618.79SYS14111 1 86,618.7986,618.7986,618.7986,618.79Subtotal and Average 5.627 1 Collateralized Money Market
4.800EAST WEST BANK13057 0.00 0.00 4.8000.00SYS13057 1
0.000.000.000.00Subtotal and Average 0.000 0
Federal Agency Issues - Coupon
1.000Federal Home Loan Bank13970 1,900,000.00 1,900,000.00 11/25/20241.00011/30/2021 1,804,651.86 Aaa3130APVG7 421 1,900,000.001,804,651.861,900,000.001,900,000.00Subtotal and Average 1.000 421 1,986,618.79 1,986,618.79 1.202 4031,891,270.65 1,986,618.79Total and Average Portfolio PASD
APData Updated: FUNDSNAP: 10/19/2023 15:56
Run Date: 10/19/2023 - 15:56 PM (PRF_PM2) 7.3.0
12 COMPLIANCE REPORT
Capital Endowment Portfolio
As of 9/30/23
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 Money Market-CAMP 4.58% 100% In compliance n/a n/a In compliance In compliance Federal Agency Issues 95.42% 100% In compliance** Aaa AA+/Aaa In compliance In compliance 100.00%
Portfolio Value 1,898,329
**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
September 30, 2023
Market Value % of Total
FHLB 1,804,652 95.07%
Total 1,804,652 95.07%
OTHER PORTFOLIO INVESTMENTS 93,677 4.93% Total Investments 1,898,329 * 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 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr Investment Type 2016 2017 2018 2019 2020 2021 2022 2023 2024 2024 2024 2024 Money Market - Collateralized 100.00 1.80 0.75 0.03 1.10 3.10 3.38 0.00 0.00 Federal Agency Issues - Coupon 0.00 0.00 0.00 0.00 0.00 0.00 96.62 95.44 95.42 Corporate Bonds - Coupon 0.00 0.00 99.25 99.97 98.90 96.90 0.00 0.00 0.00 Municipal Bonds 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
Certificate of Deposit 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 Treasury Securities 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 Commerical Paper - Disc (Amortizing) 0.00 98.20 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 Mutual Funds 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 4.56 4.58 Total 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 0.00 0.00 0.00 15 III. Power Reserve Portfolio
CITY OF PASADENA
Power Reserve Portfolio
Vicken Erganian
City Treasurer
September 2023
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 June 12, 2023. 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 9/30/2023
TYPE MARKET VALUE PERCENT
Municipal Bonds 1,831,700 4.66%
Federal Agencies 27,787,355 70.71%
L.A.I.F. 43,489 0.11%
Money Market-CAMP 9,633,830 24.52%
TOTALS: 39,296,375 100.00%
Accrued Interest Receivable 232,357
GRAND TOTAL: 39,528,732
PORTFOLIO LIQUIDITY AS OF 9/30/2023
Percent of
Aging Interval Par Value Portfolio
0 - 30 days 9,677,319 19.61%
31 days - 1 Year - 0.00%
1 - 2 Years - 0.00%
2 - 3 Years 5,000,000 10.13%
3 - 4 Years 2,000,000 4.05%
4 - 5 Years 6,000,000 12.16%
Over 5 Years 26,666,667 54.04%
TOTAL: 49,343,986 100.00%
PORTFOLIO STATISTICS
Sep-23 Aug-23 Jul-23 Jun-23 May-23 Apr-23
Month-End Market Value 39,528,732 40,442,878 40,281,402 40,490,191 40,504,198 40,736,424 Modified Duration 5.55 5.79 5.85 5.98 6.05 6.16
Weighted Average Maturity 7.81 7.89 7.98 8.06 8.13 8.22 Current Book Yield to Maturity 2.454% 2.447% 2.415% 2.381% 2.365% 2.321% Effective Yield - Year to Date 2.410% 2.380% 2.350% 2.090% 2.060% 2.030% Interest Earned 100,829 99,880 97,846 97,037 96,022 92,835 Fiscal Year To Date Interest Earned 298,555 197,726 97,846 1,010,612 913,574 817,552 Fair Value Change Gain/(Loss) (1,015,007) 61,596 (306,636) (111,065) (328,248) 67,460 Fiscal Year To Date change in fair value (1,260,047) (245,040) (306,636) (2,382,127) (2,271,061) (1,942,813) Total Fiscal YTD Earnings (961,491) (47,313) (208,790) (1,371,515) (1,357,487) (1,125,261) Money Market-
CAMP
1.03%
Fed Agency
70.71%
LAIF
0.11%
Municipal
Bonds
4.54%
16 YTM
365Par Value Book Value
Maturity
Date
Stated
RateMarket Value
September 30, 2023
Portfolio Details - Investments
Average
BalanceIssuer
Portfolio Management
POWER RESERVE FUND
Days to
MaturityMoody'sCUSIP Investment #
Purchase
Date
LAIF
3.480Local Agency Investment Fund6184 43,488.97 43,488.97 3.48043,488.97SYS6184 1 43,488.9743,488.9743,488.9743,488.97Subtotal and Average 3.480 1 Money Market Fund-CAMP
5.627California Asset Management Pr14063 9,633,830.35 9,633,830.35 5.5509,633,830.35SYS14063 1 9,633,830.359,633,830.359,633,830.359,633,830.35Subtotal and Average 5.627 1 Collateralized Money Market
4.800EAST WEST BANK13066 0.00 0.00 4.8000.00SYS13066 1
0.000.000.000.00Subtotal and Average 0.000 0
Municipal Bonds
2.560LA County Redevelopment TABs13553 2,000,000.00 1,990,530.78 09/01/20262.37508/25/2016 1,831,700.00 Aa254465AGS5 1,066 1,990,530.781,831,700.002,000,000.001,990,400.02Subtotal and Average 2.560 1,066 Federal Agency Issues - Coupon
1.000Federal Home Loan Bank13969 5,000,000.00 5,000,000.00 11/25/20241.00011/30/2021 4,749,083.85 Aaa3130APV69 421
1.230Federal Farm Credit Bank13946 6,000,000.00 6,000,000.00 08/02/20281.23008/02/2021 5,017,796.16 Aaa3133EMX80 1,767
1.230Federal Farm Credit Bank13890 5,000,000.00 5,000,000.00 11/25/20301.23011/25/2020 3,807,693.80 Aaa3133EMHN5 2,612
1.850Federal Home Loan Bank13788 1,666,667.00 1,666,667.00 04/08/20321.85004/08/2020 1,274,770.44 Aaa3130AJEA3 3,112
2.000Federal Home Loan Bank13904 10,000,000.00 10,000,000.00 02/25/20362.00002/25/2021 6,900,299.90 Aaa3130AL3X0 4,530
2.000Federal Farm Credit Bank13875 10,000,000.00 10,000,000.00 10/15/20402.00010/15/2020 6,037,711.30 Aaa3133EMCV2 6,224 37,666,667.0027,787,355.4537,666,667.0037,666,667.00Subtotal and Average 1.636 3,677 49,334,386.34 49,343,986.32 2.454 2,85039,296,374.77 49,334,517.10Total and Average Portfolio PASD
APData Updated: FUNDSNAP: 10/19/2023 16:04
Run Date: 10/19/2023 - 16:04 PM (PRF_PM2) 7.3.0
17 COMPLIANCE REPORT
Power Reserve Portfolio
As of 9/30/23
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 Municipal Bonds 4.66% 100% In compliance Aa2 A or better In compliance In compliance Federal Agency Issues 70.71% 100% In compliance Aaa/AA AA+/Aaa In compliance In compliance Money Market-CAMP 24.52% 100% In compliance n/a n/a In compliance In compliance LAIF 0.11% 100% In compliance n/a n/a In compliance In compliance 100.00%
Portfolio Value 39,528,732
18 INVESTMENTS IN ISSUERS REPRESENTING OVER 5%
OF THE POWER RESERVE PORTFOLIO
September 30, 2023
Market Value % of Total
FHLB 12,924,154 32.70%
FFCB 14,863,201 37.60%
Total Fed Agencies 27,787,355 70.30%
OTHER PORTFOLIO INVESTMENTS 11,741,377 29.70%
Total Investments 39,528,732 * 100.00% note: * Includes Accrued Interest Receivable
19 Power Reserve Portfolio - Total Return Performance
ICE BofA Power
3-5 Index 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 Annual -0.143 -0.184
2014 Annual 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 0.227 0.249
3.31 2.073
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
-1.477 0.597
2022 1st quarter -5.627 -6.886
2nd quarter -2.810 -4.182
3rd quarter -4.590 -5.972
4th quarter 1.680 0.454
2023 1st quarter 2.210 2.517
2nd quarter -0.918 -0.212
3rd quarter -1.916 -2.378
Yeld Fiscal YTD
Power Reserve YTM 2.46%
State Treasurer's LAIF yield 3.48%
2 Year Average Treasury yield 4.94%
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 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr Investment Type 2016 2017 2018 2019 2020 2021 2022 2023 2024 2024 2024 2024 Money Market - Collateralized 7.43 0.02 4.34 2.58 32.06 0.08 0.00 0.00 0.00 Municipal Bonds 7.24 7.00 6.92 6.02 3.43 3.93 4.50 4.56 4.66 Federal Agency Issues - Coupon 77.86 79.82 82.96 85.12 51.22 57.67 75.33 72.13 70.71 L.A.I.F. 0.24 0.24 0.24 0.26 0.00 32.77 18.69 0.11 0.11 Corporate Bonds - Coupon 7.23 12.92 5.54 6.02 13.29 5.56 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 Federal Agency Discount 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 Agency CMOs/Mortgage Backed 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 Asset Backed Securities 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 Money Market - CAMP 0.00 0.00 0.00 0.00 0.00 0.00 1.48 23.21 24.52 Total 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 0.00 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 CAMP 5.550% 5.550% 10/1/2023 $2,379,935.72 $2,379,935.72 $2,379,935.72 LAIF 3.480% 3.480% 10/1/2023 $1.49 $1.49 $1.49
Weighted Average Maturity = 1 day $2,379,937.21 $2,379,937.21 $2,379,937.21 2002 Electric Revenue Reserve Fund
Money Mkt CAMP 5.550% 5.550% 10/1/2023 $104,890.71 $104,890.71 $104,890.71 FFCB 3133EMBH4 0.530% 0.530% 9/29/2025 $4,000,000.00 $4,000,000.00 $3,646,526.88 Weighted Average Maturity = 1.97 $4,104,890.71 $4,104,890.71 $3,751,417.59 Annandale Assessment District
Municipal Bonds-Annandale Assessment 6.000% 6.000% 9/2/2040 $887,735.00 $887,735.00 $887,735.00 Weighted Average Maturity = 17.17
Miscellaneous Funds
September 30, 2023
22 Fund Coupon Yield Maturity Face Value Cost Per Book Market Value Miscellaneous Funds
September 30, 2023
2012A Electric Parity Reserve Fund
Money Mkt CAMP 5.550% 5.550% 10/1/2023 $15,873.38 $15,873.38 $15,873.38 FFCB 3133EMBH4 0.530% 0.530% 9/29/2025 $690,000.00 $690,000.00 $629,025.89 Weighted Average Maturity = 1.98 $705,873.38 $705,873.38 $644,899.27 2013A Electric Parity Reserve Fund
Money Mkt CAMP 5.550% 5.550% 10/1/2023 $281,455.84 $281,455.84 $281,455.84 FFCB 3133ELC28 0.730% 0.730% 5/27/2025 $8,000,000.00 $8,000,000.00 $7,415,154.16 Weighted Average Maturity = 1.62 $8,281,455.84 $8,281,455.84 $7,696,610.00 23 Fund Coupon Yield Maturity Face Value Cost Per Book Market Value Miscellaneous Funds
September 30, 2023
2016A Electric Revenue Refunding Reserve
Money Mkt CAMP 5.550% 5.550% 10/1/2023 $53,942.34 $53,942.34 $53,942.34 FFCB 3133EMBH4 0.530% 0.530% 9/29/2025 $2,680,000.00 $2,680,000.00 $2,443,173.01 Weighted Average Maturity = 1.99 $2,733,942.34 $2,733,942.34 $2,497,115.35 2020A Water Refund Revenue Bonds Project
LAIF 3.480% 3.480% 10/1/2023 $4,624.28 $4,624.28 $4,624.28 Weighted Average Maturity = 1 day $4,624.28 $4,624.28 $4,624.28 2021A Water Refund Revenue Bonds Project
Money Mkt CAMP 5.550% 5.550% 10/1/2023 $1,217.65 $1,217.65 $1,217.65 Weighted Average Maturity = 1 day $1,217.65 $1,217.65 $1,217.65 GRAND TOTAL: $19,099,676.41 $19,099,676.41 $17,863,556.35 24 V. Investments Held by Trustees
Schedule of Funds Held by Trustees
CITY OF PASADENA
For Period Ending 9/30/2023 Market Yield 5.24%
Maturity 10/01/23
$ Amount
Trustee/Officer Issue Name Shares/Par Cost Market Maturity % Maturity Date Investment Value V alue Date Yld
BNY 2021A Water Revenue Refunding Bonds
Amy Green COI-2021A Account #209092
(213)630-6204 Cash - - - 10/ 01/23 0.00%
Lena Chan Debt Service-2021A Account #209093
(213) 630-6253 Cash - - - 10/ 01/23 0.00%
Reserve-2021A Account #209094
DREFUS GOVT CM INST 289 Cusip: X9USDDGCM 831,614.69 831,614.69 831, 614.69 10/ 01/23 5.22% Cash - - - 10/ 01/23 0.00%
Total 831,614.69 831,614.69 831, 614.69
BNY 2020A Water Revenue Refunding Bonds
Amy Green COI-2020 Account #746583
(213)630-6204 Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS - - - 10/ 01/23 5.24% Lena Chan DEBT SERVICE-2020 Account #746585
(213) 630-6253 Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS - - - 10/ 01/23 5.24% Total - - -
2020AB POB Bonds
BNY POB COI-2020B Account #220413
Amy Green BlackRock Treasury Turst Dollars 63 Cusip: X9USDBTRD - - - 10/ 01/23 0.02% (213)630-6204 POB Bond Fund-2020B Account #220414
Lena Chan Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 1,020.24 1, 020.24 1, 020.24 10/ 01/23 5.24% (213) 630-6253 POB COI-2020A Account #765976
Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS - - - 10/ 01/23 5.24% POB Bond Fund-2020A Account #765990
Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 1,668.91 1,668.91 1, 668.91 10/ 01/23 5.24% Total 2,689.15 2,689.15 2, 689.15
2019A Electric Revenue Bonds
BNY Electric COI-2019A Account #106207
Amy Green Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 38,066.81 38, 066.81 38, 066.81 10/ 01/23 5.24% (213)630-6204 Electric Bond Fund-2019A Account #113813 - Lena Chan Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 1,292.83 1, 292.83 1, 292.83 10/ 01/23 5.24% (213) 630-6253 - - - 10/ 01/23 5.24%
Total 39,359.64 39,359.64 39, 359.64
25 Schedule of Funds Held by Trustees
CITY OF PASADENA
For Period Ending 9/30/2023 Market Yield 5.24%
Maturity 10/01/23
$ Amount
Trustee/Officer Issue Name Shares/Par Cost Market Maturity % Maturity Date Investment Value V alue Date Yld
US Bank 2018AB Rose Bowl Pasadena PFA Lease Revenue Bonds Ilse Vlach Interest Fund- Series 2018A Account #248882000 (213) 615-6051 Fidelity Govt Protfolio CI Cusp:316175108 212.65 212. 65 212. 65 10/ 01/23 5.23% Adriana Marshall Costs of Issuance- Series 2018A Account #248882002 (213) 615-6033 Fidelity Govt Protfolio CI Cusp:316175108 - - - 10/ 01/23 5.23% Interest Fund- Series 2018B Account #248882100
Fidelity Govt Protfolio CI Cusp:316175108 26.30 26.30 26. 30 10/ 01/23 5.23% Principal Fund- Series 2018B Account #248882101
Fidelity Govt Protfolio CI Cusp:316175108 436.01 436.01 436. 01 10/ 01/23 5.23% Costs of Issuance- Series 2018B Account #248882102
Fidelity Govt Obl Fd Cl D 316175108 - - - 10/ 01/23 5.23% Total 674.96 674.96 674. 96
2017A Water Revenue Bonds
BNY Debt Service-2017A Account #948165
Amy Green Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS - - - 10/ 01/23 5.24% (213)630-6204 Reserve Fund-2017A Account #948269
Lena Chan Federal Home Loan Banks Cusip: 3130AL3S1 1,050,000.00 1, 050,000.00 942, 637.50 02/ 17/26 0.63% (213) 630-6253 DREYFUS CUSIP:X9USSGCM 37,931.40 37, 931.40 37, 931.40 10/ 01/23 5.22% Total 1,087,931.40 1,087,931.40 980, 568.90
US Bank 2016A Rose Bowl Pasadena PFA Lease Revenue Bonds Ilse Vlach Interest Fund- Series 2016A Account #264433000 (213) 615-6051 Fidelity Govt Protfolio CI Cusp:316175108 440,751.45 440, 751.45 440, 751.45 10/ 01/23 5.23% Principal Fund- Series 2016A Account #264433001
Fidelity Govt Protfolio CI Cusp:316175108 1,488.20 1,488.20 1, 488.20 10/ 01/23 5.23% 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 10/ 01/23 5.23% Cost of Issuance- Series 2016A Account #264433003
First American Govt Obl Fd Cl D 31846V401 - - - 10/ 01/23 5.20% Total 442,239.84 442,239.84 442, 239.84
BNY Pasadena 2015A COPS Bond
Amy Green COPS Base Rental-2015A Account #336964
(213)630-6204 Cash Balance - - - 10/ 01/23 0.00%
Lena Chan Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 6.10 6. 10 6. 10 10/ 01/23 5.24% (213) 630-6253 Total 6.10 6. 10 6. 10
26 Schedule of Funds Held by Trustees
CITY OF PASADENA
For Period Ending 9/30/2023 Market Yield 5.24%
Maturity 10/01/23
$ Amount
Trustee/Officer Issue Name Shares/Par Cost Market Maturity % Maturity Date Investment Value V alue Date Yld
BNY Pasadena Tax Pension 2015AB Bond
Amy Green Bond Fund-2015A POB Account #479226
(213)630-6204 Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 597.02 597. 02 597. 02 10/ 01/23 5.24% Lena Chan Cash Balance - - - 10/ 01/23 0.00%
(213) 630-6253 Bond Fund-2015A POB Account #479231
Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 1,321.42 1,321.42 1, 321.42 10/ 01/23 5.24% Cash Balance - - - 10/ 01/23 0.00%
Total 1,918.44 1,918.44 1, 918.44
BNY Pasadena Water Revenue 2010AB
Amy Green 2010 A Parity Reserve Account #286245
(213)630-6204 DREYFUS CUSIP:X9USSGCM 25,014.56 25, 014.56 25, 014.56 10/ 01/23 5.22% Lena Chan Federal Home Loan Bank CUSIP:3130AL3S1 1,350,000.00 1, 350,000.00 1, 211,962.50 02/ 17/26 0.63% (213) 630-6253 Cash - - - 10/ 01/23 0.00%
2010 B Debt Service Account #286247
Cash - - - 10/ 01/23 4.19%
2010 B Parity Reserve Account #286248
DREYFUS CUSIP:X9USSGCM 7,887.93 7,887.93 7, 887.93 10/ 01/23 5.22% Federal Home Loan Bank CUSIP:3130AL3S1 300,000.00 300,000.00 269, 325.00 02/ 17/26 0.63% Cash - - - 10/ 01/23 0.00%
2010 A Debt Service Fund Account #286295
Cash - - - 10/ 01/23 0.00%
Total 1,682,902.49 1,682,902.49 1, 514,189.99
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 344,641.89 344, 641.89 344, 641.89 10/ 01/23 5.23% Adriana Marshall Cash - - - 10/ 01/23 0.00%
(213) 615-6071 Principal Fund (S631592)
Fidelity Instl Mm Fds Government I CUSIP:316175108 3.31 3.31 3. 31 10/ 01/23 5.23% Bond Reserve Fund (S631593)
Federal Home Loan Bank Funds CUSIP: 3130ALBD5 15,500,000.00 15,500,000.00 9, 458,720.00 02/ 25/41 2.15% Fidelity Instl Mm Fds Government I CUSIP:316175108 72,028.32 72,028.32 72, 028.32 10/ 01/23 5.23% Cash - - - 10/ 01/23 0.00%
Total 15,916,673.52 15,916,673.52 9, 875,393.52
27 Schedule of Funds Held by Trustees
CITY OF PASADENA
For Period Ending 9/30/2023 Market Yield 5.24%
Maturity 10/01/23
$ Amount
Trustee/Officer Issue Name Shares/Par Cost Market Maturity % Maturity Date Investment Value V alue Date Yld
Computershare Corporate Trust PPFA (Paseo Colorado Parking Facilities) 2008 Tracy Mason Bond Fund Account #23200100
(213) 253-7536 Allspring Government Money Market Service 90,923.50 90,923. 50 90,923. 50 10/01/ 23 5.26% Cash - - - 10/01/ 23 0.00%
Reserve Fund Account #23200101
teresalynn.mason1@computershFHLB Cusip: 3130APVC6 2,000,000.00 2,000,000.00 1,784, 080.00 12/01/ 26 1.38% Well Fargo Advantage Government Money Market Service - - - 10/01/ 23 0.01% Cost of Issuance Fund Account #23200103
Well Fargo Advantage Government Money Market Service - - - 10/01/ 23 0.00% Total 2,090,923.50 2,090,923.50 1,875, 003.50
BNY Pasadena 2006,2008,2015 COP Reserves
Amy Green Reserve Account #281635
(213)630-6204 Federal Home Loan Banks CUSIP:3130AKKQ8 4,950,000.00 4,950, 000.00 3,763, 782.00 12/23/ 30 1.25% Lena Chan Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 95,575.90 95,575. 90 95,575. 90 10/01/ 23 5.24% (213) 630-6253 Cash - - - 10/01/ 23 0.00%
Total 5,045,575.90 5,045,575.90 3,859, 357.90
Pasadena 2008AB COPS, 15A Parity Reserve
BNY Reserve Fund #281207
Amy Green Federal Home Loan Banks CUSIP:3130AKKQ8 1,325,000.00 1,325, 000.00 1,007, 477.00 12/23/ 30 1.25% (213)630-6204 Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 25,583.37 25,583. 37 25,583. 37 10/01/ 23 5.24% Lena Chan Cash Balance - - -
(213) 630-6253 Total 1,350,583.37 1,350, 583.37 1,033, 060.37 BNY Pasadena 2008A COPS
Amy Green Base Rental Fund #281732
(213)630-6204 Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 261,848.41 261,848. 41 261,848. 41 10/01/ 23 5.24% Lena Chan Cash Balance - - - 0.00%
(213) 630-6253 Interest Fund #281733
Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 5,795.80 5,795.80 5,795. 80 10/01/ 23 5.24% Letter of Credit #281734
Bank of America CUS: S86494570 1.00 1.00 1.00 03/31/ 25 0.00% Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 0.36 0.36 0.36 10/01/ 23 5.24% Total 267,645.57 267,645.57 267,645. 57
BNY Pasadena Conf Ctr 2006AB
28 Schedule of Funds Held by Trustees
CITY OF PASADENA
For Period Ending 9/30/2023 Market Yield 5.24%
Maturity 10/01/23
$ Amount
Trustee/Officer Issue Name Shares/Par Cost Market Maturity % Maturity Date Investment Value V alue Date Yld
Amy Green Reserve Fund #281722
(213)630-6204 Federal Home Loan Banks CUSIP:3130AJRH4 10,800,000.00 10, 800,000.00 6, 630,768.00 06/ 29/40 2.07% Lena Chan Federal Home Loan Banks CUSIP:3130AKKQ8 270,000.00 270, 000.00 205, 297.20 12/ 23/30 1.25% (213) 630-6253 Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 350,414.66 350, 414.66 350, 414.66 10/ 01/23 5.24% Total 11,420,414.66 11,420,414.66 7, 186,479.86
BNY Pasadena Water Revenue 2003
Amy Green Parity Reserve Account #281651
(213)630-6204 Federal Home Loan Banks CUSIP: 3130AL3S1 1,000,000.00 1, 000,000.00 897, 750.00 02/ 17/26 0.63% Lena Chan DREYFUS GOVT CM INST 289 CUSIP: X9USDDGCM 24,201.19 24, 201.19 24, 201.19 10/ 01/23 5.22% (213) 630-6253 Cash - - - 10/ 01/23 0.00%
Total 1,024,201.19 1,024,201.19 921, 951.19
BNY COPS Parity Reserve Fund(2006A, and 2008ABC COP)
Amy Green Certificate Reserve #281143
(213)630-6204 Federal Home Loan Banks CUSIP: 3130AKKQ8 2,025,000.00 2, 025,000.00 1, 539,729.00 12/ 23/30 1.25% Lena Chan Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 39,100.70 39, 100.70 39, 100.70 10/ 01/23 5.24% (213) 630-6253 Cash - - - 10/ 01/23 0.00%
(In aggegrate with 2006A, Total Funds 2,064,100.70 2, 064,100.70 1, 578,829.70 and 2008ABC COP reserve)
SCPPA SCPPA Investments
Atif Haji Datoo SCPPA Project Stabilization Fund
(213) 367-4668 Fidelity Inst MMKT GOVT 57CUSIP:X9USDFIN 33,592.89 33, 592.89 33, 592.89 10/ 01/23 5.24% Fidelity Inst MMKT GOVT 57CUSIP:X9USDFIN 229,928.40 229,928.40 229, 928.40 10/ 01/23 5.24% US Treasury Bill CUSIP: 912797HB6 2,000,000.00 1,992,402.22 1, 995,600.00 10/ 17/23 5.26% Federal Home Loan Bank CUSIP: 3130ANZG8 1,000,000.00 999,800.00 956, 730.00 09/ 16/24 0.75% FHLB Discount Notes CUSIP:313384LD9 - - - 09/ 01/23 4.92% - - - 0. 00%
Total 3,263,521.29 3,255,723.51 3, 215,851.29
TOTAL FUND BALANCE 46,532,976.41$ 46,525,178.63$ 33,626,834.61$ 29 VI. PARS Section 115 Trust
City of Pasadena
PARS Section 115 Trust
For the Month Ended September 30, 2023
Pension Account 6746056200
Mayket Value Book Value
Beginning Balance 12,202,535.15 12,644,205.85 Activity
Contributions - -
Disbursements - -
Total - -
Net Investment Income
Dividends 47,762.91 47,762.91
Interest 2,489.88 2,489.88
Other Income 1.43 1.43
Change in Accrued Income 6,277.65 6,277.65 Total Investment Income 56,531.87 56,531.87 Net Change in Unrealized Gain/Loss (401,790.35) - Realized Gain/Loss (10,172.80) (10,172.80) Total Mayket Value Adjustment (411,963.15) (10,172.80) Trust Fees (2,641.78) (2,641.78)
PARS Fee (Net of Depository Earnings) (2,384.06) (2,384.06) Unreconciled Difference - - Total (5,025.84) (5,025.84)
Ending Balance 11,842,078.03 12,685,539.08
1 Year Inception To Date
Investment Return (Inception-To-Date as of 9/30/2023) 6.36% 2.66% BenchMayk Return (PARS Moderately Conservative) 6.59% 2.94% Asset Allocation
Market Value Percentage
Cash and Equivalents 499,377.84 4.22% Equity 3,442,191.98 29.07% Fixed Income 7,891,740.68 66.64% Accrued Income 8,767.53 0.07% Total 11,842,078.03 100.00% Account Manager:
Kyra Clarke
3121 Michelson Dr 3rd Fl
Irvine, CA 92612
949-224-7214, [email protected]
Cash and Equivalents
4.22%
Equity
29.07%
Fixed Income
66.64%
Accrued Income
0.07%
30 City of Pasadena
PARS Section 115 Trust
For the Month Ended September 30, 2023
Post Employments Benefits Trust 6746056201
Mayket Value Book Value
Beginning Balance 2,311,880.41 2,396,899.83 Activity
Contributions - -
Disbursements - -
Total - -
Net Investment Income
Dividends 9,044.38 9,044.38
Interest 464.76 464.76
Other Income - -
Change in Accrued Income 1,181.00 1,181.00 Total Investment Income 10,690.14 10,690.14 Net Change in Unrealized Gain/Loss, Fee Receipts & Deliveries Net (75,492.04) - Realized Gain/Loss (2,601.59) (2,601.59) Total Mayket Value Adjustment (78,093.63) (2,601.59) Trust Fees (500.13) (500.13)
PARS Fee (Net of Depository Earnings) (451.68) (451.68) Unreconciled Difference - - Total (951.81) (951.81)
Ending Balance 2,243,525.11 2,404,036.57
1 Year Inception To Date
Investment Return (Inception-To-Date as of 9/30/2023) 6.36% 2.68% BenchMayk Return (PARS Moderately Conservative) 6.59% 2.91% Asset Allocation
Marrket Value Percentage
Cash and Equivalents 92,660.82 4.13% Equity 651,770.46 29.05% Fixed Income 1,497,447.07 66.75% Accrued Income 1,646.76 0.07% Total 2,243,525.11 100.00% Account Manager:
Kyra Clarke
3121 Michelson Dr 3rd Fl
Irvine, CA 92612
949-224-7214, [email protected]
Cash and Equivalents
4.13%
Equity
29.05%
Fixed Income
66.75%
Accrued Income
0.07%
31