Client Management Team
Rick Phillips
President & Chief Investment Officer
702-575-6666
[email protected]
Tonya Dazzio Monthly Investment Report
Chief Operating & Compliance Officer
702-575-6592
[email protected] City of Redondo Beach
Greg Balls, CFA
Assistant Chief Compliance Officer
702-575-6655
[email protected] September 2023
10655 Park Run Drive, Suite 120 | Las Vegas, NV 89144 | Phone 702.575.6600 | www.FHNMainStreet.com Run Date: 10/4/2023 - 3:58 PM
Amortizing Page 2
Portfolio Summary
City of Redondo Beach 9/30/2023
SECTOR ALLOCATION MATURITY DISTRIBUTION CREDIT QUALITY (MOODY'S)
ACCOUNT SUMMARY MONTH-END PORTFOLIO BOOK YIELD TOP ISSUERS 9/30/23 8/31/23 Issuer % Portfolio
Market Value $95,215,552 $95,301,969 U.S. Treasury 32.9% Book Value $99,453,897 $99,249,592 FHLB 19.1%
Variance -$4,238,345 -$3,947,623 FHLMC 14.6%
FFCB 11.6%
Par Value $100,324,098 $100,151,367 Allspring Money Market Fund 8.8% FNMA 5.0%
Net Asset Value $95.74 $96.02 Toyota 3.0%
New York Life 2.0%
Book Yield 2.54% 2.48% National Securities Clearing 1.9% Comenity Capital Bank 0.2%
Market Yield 5.06% 4.84% Morgan Stanley Private Bank 0.2% Wells Fargo 0.2%
Years to Maturity 1.96 2.04 Morgan Stanley Bank 0.2%
LAIF 0.1%
Effective Duration 1.69 1.75
Oct-22
Nov-22
Dec-22
Jan-23
Feb-23
Mar-23
Apr-23
May-23
Jun-23
Jul-23
Aug-23
Sep-23
1.00%
1.25%
1.50%
1.75%
2.00%
2.25%
2.50%
2.75%
3.00%
0.1%
1.0%
6.9%
8.8%
32.9%
50.2%
LAIF
CD
CORP
MMF
TSY
AGY
0% 25% 50% 75% 100%
30.2%
25.1%
13.0%
26.6%
5.0%
0-1Y 1-2Y 2-3Y 3-4Y 4-5Y+
0%
10%
20%
30%
40%
50%
60%
70%
1.1%
3.0%
95.9%
NR
A3
A2
A1
Aa3
Aa2
Aa1
Aaa
P-1
0% 25% 50% 75% 100%
2 Run Date: 10/4/2023 - 3:58 PM
Amortizing Page 3
Investment Policy Compliance
City of Redondo Beach 9/30/2023
Category Book Value % of Portfolio % Allowed by Policy In Compliance Reserved row US Treasuries 32,755,612.10 32.94% 100% Yes
US Federal Agencies 49,969,031.40 50.24% 100% Yes
Supranational Obligations 0.00 0.00% 15% Yes
LAIF 98,105.58 0.10% 65,000,000 Yes
Commercial Paper 0.00 0.00% 25% Yes
Money Market Funds 8,733,992.87 8.78% 15% Yes
Negotiable Certificates of Deposit 991,797.09 1.00% 30% Yes Corporate Obligations 6,905,358.03 6.94% 30% Yes
Total 99,453,897.06 100.00%
Other Metrics Portfolio Metric In Compliance
Weighted Average Maturity 1.96 Less than 2.5 Years Yes
Liquidity 30.19% 25% Under 365 Days Yes
Ratings Yes
3 Run Date: 10/4/2023 - 3:58 PM
Amortizing Page 4
Historical Book Values
City of Redondo Beach 9/30/2023
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fiscal Year 2020 $94.9 $87.7 $85.2 $82.2 $79.6 $81.1 $87.0 $92.1 $92.5 $86.9 $93.0 $95.5 FY20 Fiscal Year 2021 $91.4 $77.1 $75.4 $72.7 $71.4 $69.7 $76.3 $79.2 $81.5 $79.7 $84.9 $87.1 FY21 Fiscal Year 2022 $87.4 $89.1 $88.6 $82.6 $81.1 $82.8 $92.8 $98.8 $98.1 $96.2 $97.2 $99.8 FY22 Fiscal Year 2023 $108.7 $111.6 $113.9 $110.5 $110.4 $106.5 $101.8 $99.4 $104.8 $101.3 $101.0 $105.6 FY23 Fiscal Year 2024 $100.5 $93.7 $91.1 FY24
Average Daily BalanceJul-09
Nov-09
Mar-10
Jul-10
Nov-10
Mar-11
Jul-11
Nov-11
Mar-12
Jul-12
Nov-12
Mar-13
Jul-13
Nov-13
Mar-14
Jul-14
Nov-14
Mar-15
Jul-15
Nov-15
Mar-16
Jul-16
Nov-16
Mar-17
Jul-17
Nov-17
Mar-18
Jul-18
Nov-18
Mar-19
Jul-19
Nov-19
Mar-20
Jul-20
Nov-20
Mar-21
Jul-21
Nov-21
Mar-22
Jul-22
Nov-22
Mar-23
Jul-23
$40
$50
$60
$70
$80
$90
$100
$110
$120
Millions
4 Run Date: 10/4/2023 - 3:58 PM
Amortizing Page 5
Historical Book Values Per Fiscal Year
City of Redondo Beach 9/30/2023
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fiscal Year 2020 $94.9 $87.7 $85.2 $82.2 $79.6 $81.1 $87.0 $92.1 $92.5 $86.9 $93.0 $95.5 FY20 Fiscal Year 2021 $91.4 $77.1 $75.4 $72.7 $71.4 $69.7 $76.3 $79.2 $81.5 $79.7 $84.9 $87.1 FY21 Fiscal Year 2022 $87.4 $89.1 $88.6 $82.6 $81.1 $82.8 $92.8 $98.8 $98.1 $96.2 $97.2 $99.8 FY22 Fiscal Year 2023 $108.7 $111.6 $113.9 $110.5 $110.4 $106.5 $101.8 $99.4 $104.8 $101.3 $101.0 $105.6 FY23 Fiscal Year 2024 $100.5 $93.7 $91.1 FY24
Figures in Millions, Average Daily Balance
Chart Title
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
$60
$70
$80
$90
$100
$110
$120
Millions
Fiscal Year 2020 Fiscal Year 2021 Fiscal Year 2022 Fiscal Year 2023 Fiscal Year 2024 5 Run Date: 10/4/2023 - 3:58 PM
Amortizing Page 6
Historical Weighted Average Maturity
City of Redondo Beach 9/30/2023 Don
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fiscal Year 2020 1.90 2.12 2.10 2.13 2.17 1.89 2.04 2.03 2.02 2.06 1.74 1.72 Fiscal Year 2021 2.01 1.99 1.97 1.92 2.01 1.68 1.61 1.74 1.69 1.58 1.43 1.64 Fiscal Year 2022 1.59 1.78 2.06 2.04 2.01 1.81 2.07 2.07 2.03 1.97 2.06 1.92 Fiscal Year 2023 1.85 1.96 1.99 1.96 1.90 1.72 1.65 2.05 1.98 2.20 1.92 1.91 Fiscal Year 2024 1.99 2.04 1.96 Jul-09 Nov-09 Mar-10 Jul-10 Nov-10 Mar-11 Jul-11 Nov-11 Mar-12 Jul-12 Nov-12 Mar-13 Jul-13
Nov-13
Mar-14
Jul-14
Nov-14
Mar-15
Jul-15
Nov-15
Mar-16
Jul-16
Nov-16
Mar-17
Jul-17
Nov-17
Mar-18
Jul-18
Nov-18
Mar-19
Jul-19
Nov-19
Mar-20
Jul-20
Nov-20
Mar-21
Jul-21
Nov-21
Mar-22
Jul-22
Nov-22
Mar-23
Jul-23
0.00 0.50
1.00 1.50
2.00 2.50
3.00 3.50
Average Years To Maturity
6 Run Date: 10/4/2023 - 3:58 PM
Amortizing Page 7
Next Twelve Months Cash Flow
City of Redondo Beach 9/30/2023
Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Maturities $12.8 $4.0 $2.0 $0.0 $0.0 $1.0 $0.0 $0.5 $1.7 $1.0 $7.0 $0.0 1 Par Value in Millions; Assumes Securities Are Held To Maturity $12.8
$4.0
$2.0
$0.0 $0.0
$1.0
$0.0 $0.5
$1.7 $1.0
$7.0
$0.0
Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 $0
$5
$10
$15
$20
$25
$30
$35
$40
Millions
7 Run Date: 10/4/2023 - 3:58 PM
Amortizing Page 8
Yield At Cost Per 6-Month Maturity Intervals
City of Redondo Beach 9/30/2023
Years Yield At Cost % of Portfolio
0 to .5 3.05% 19.94%
.5 to 1.0 2.57% 10.25%
1.0 to 1.5 1.32% 9.36%
1.5 to 2.0 3.41% 15.78%
2.0 to 2.5 0.57% 7.00%
2.5 to 3.0 0.84% 6.01%
3.0 to 3.5 2.10% 16.59%
3.5 to 4.0 3.72% 10.05%
4.0 to 4.5 3.94% 5.01%
4.5 to 5.0 0.00% 0.00%
5.0+ 0.00% 0.00%
Total 2.54% 100.0%
3.05%
2.57%
1.32%
3.41%
0.57%
0.84%
2.10%
3.72% 3.94%
-0.5 0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 4.5 5.0 5.5
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
4.0%
4.5%
5.0%
Maturity Intervals
Yield At Cost
Bubble Size = Maturity's % of Portfolio
8 Run Date: 10/4/2023 - 3:58 PM
Amortizing Page 9
Historical Sector Allocation
City of Redondo Beach 9/30/2023
Sector Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 AGY 46.5% 46.6% 40.4% 40.3% 48.2% 48.1% 55.7% 48.1% 49.7% 50.0% 53.4% 50.2% TSY 29.8% 29.8% 23.8% 23.7% 27.8% 27.8% 32.1% 31.9% 32.9% 30.9% 33.0% 32.9% MMF 0.0% 0.0% 4.4% 23.2% 11.2% 11.3% 1.5% 10.8% 7.8% 11.6% 5.6% 8.8% CORP 8.0% 8.0% 7.5% 7.5% 7.5% 7.5% 8.7% 7.5% 7.8% 6.5% 7.0% 6.9% CD 1.1% 0.9% 0.8% 0.8% 0.8% 0.8% 1.0% 0.8% 0.9% 0.9% 1.0% 1.0% LAIF 14.6% 14.6% 23.1% 4.4% 4.4% 4.4% 1.1% 0.9% 0.9% 0.1% 0.1% 0.1% Total 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
50%
55%
60%
AGY
TSY
MMF
CORP
CD
LAIF
9 Run Date: 10/4/2023 - 3:58 PM
Amortizing Page 10
Issuer Allocation
City of Redondo Beach 9/30/2023
0.1%
0.2%
0.2%
0.2%
0.2%
1.9%
2.0%
3.0%
5.0%
8.8%
11.6%
14.6%
19.1%
32.9%
LAIF
Wells Fargo
Morgan Stanley Bank
Comenity Capital Bank
Morgan Stanley Private Bank
National Securities Clearing
New York Life
Toyota
FNMA
Allspring Money Market Fund
FFCB
FHLMC
FHLB
U.S. Treasury
0% 5% 10% 15% 20% 25% 30% 35%
10 Run Date: 10/4/2023 - 3:58 PM
Amortizing Page 11
Historical Earnings & Book Return Performance
City of Redondo Beach 9/30/2023
Fiscal YTD ($K) Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun FY 2022 $112.499 $217.986 $382.727 $489.647 $593.726 $696.012 $806.551 $913.900 $1,021.840 $1,124.589 $1,230.356 $1,342.113 FY 2023 $132.884 $272.892 $425.012 $645.396 $798.263 $952.194 $1,226.478 $1,453.296 $1,757.809 $1,966.545 $2,184.041 $2,435.724 FY 2024 $248.302 $467.129 $675.178
Fiscal YTD Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Book Return 2.91% 2.83% 2.82%
Fiscal Year-To-Date Earnings
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
$0
$500
$1,000
$1,500
$2,000
$2,500
$3,000
Thousands
FY 2022
FY 2023
FY 2024
Fiscal Year-To-Date Book Return
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
2.00%
2.25%
2.50%
2.75%
3.00%
3.25%
3.50%
3.75%
11 Run Date: 10/4/2023 - 3:58 PM
Amortizing Page 12
Historical Yield At Cost vs Benchmark
City of Redondo Beach 9/30/2023
Month-End Yield At Cost vs Benchmark
Jun-12
Oct-12
Feb-13
Jun-13
Oct-13
Feb-14
Jun-14
Oct-14
Feb-15
Jun-15
Oct-15
Feb-16
Jun-16
Oct-16
Feb-17
Jun-17
Oct-17
Feb-18
Jun-18
Oct-18
Feb-19
Jun-19
Oct-19
Feb-20
Jun-20
Oct-20
Feb-21
Jun-21
Oct-21
Feb-22
Jun-22
Oct-22
Feb-23
Jun-23
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5% Portfolio
Benchmark
Trailing 12 Months: Month End Yield At Cost vs Benchmark Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
Portfolio
Benchmark
Benchmark: Custom Benchmark (see disclosure)
12 Run Date: 10/4/2023 - 3:58 PM
Amortizing Page 13
Total Return Performance
City of Redondo Beach 9/30/2023
*Index: ICE BofA 0-5Yr Treasury Index
**Inception: July 2012
1 Month 3 Month FYTD 1 Year 3 Year 5 Year Inception
Portfolio -0.123% 0.545% 0.545% 2.939% -0.584% 1.423% 1.118% Benchmark -0.153% 0.495% 0.495% 2.669% -1.036% 1.131% 0.855% Variance 0.030% 0.050% 0.050% 0.271% 0.452% 0.292% 0.263% 1 Month 3 Month FYTD 1 Year 3 Year 5 Year Inception**
-1.500%
-1.000%
-0.500%
0.000%
0.500%
1.000%
1.500%
2.000%
2.500%
3.000%
3.500%
Portfolio
Benchmark
13 Run Date: 10/4/2023 - 3:58 PM
Amortizing Page 14
Investment Activity
City of Redondo Beach 9/30/2023
Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Positions 40 39 37 37 40 40 40 41 41 38 38 37
Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Purchases 1 0 0 0 3 0 0 1 1 0 0 0
Redemptions 1 1 3 0 0 0 0 0 1 3 0 1
Total 2 1 3 0 3 0 0 1 2 3 0 1
Number of Positions at Month End
Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 20 30
40 50
60 Positions
Purchases and Redemptions* (Excluding MMF/LGIP)
Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 0 2
4 6
8 10
Number of Transactions
Purchases
Redemptions
*Redemptions include maturities, calls, and sells
14 Portfolio Summary
City of Redondo Beach September 30, 2023
Investments Par Value Book Value
% of
Portfolio Maturity YTM
Days to
Market Value
Book
Certificates of Deposit 992,000.00 969,563.44 991,797.09 1.00 271 2.57 Corporate Bonds 7,000,000.00 6,843,920.00 6,905,358.03 6.94 195 2.46 LAIF 98,105.58 98,105.58 98,105.58 0.10 1 3.55
Money Market Funds 8,733,992.87 8,733,992.87 8,733,992.87 8.78 1 5.22 U.S. Agencies 50,500,000.00 47,658,260.00 49,969,031.40 50.24 951 2.64 U.S. Treasuries 33,000,000.00 30,911,710.00 32,755,612.10 32.94 675 1.69 100,324,098.45 95,215,551.89 99,453,897.06 100.00 716 2.54 Investments
Total Earnings September 30 Month Ending Fiscal Year To Date Current Year 208,049.00 675,177.84
Average Daily Balance 91,104,289.80 95,102,670.82
Book Rate of Return 2.78% 2.82%
Run Date: 10/4/2023 - 4:05 PM
Amortizing
15 Holdings Report
City of Redondo Beach September 30, 2023
Call Date
Maturity Date
Par Value
Settle Date
Book Value
Original Value
Mkt YTM
Mkt Price
Gain/Loss
% of Port
Fitch
Moody/S&P
Eff. Dur.
WAM
Accrued Int.
Market Value
CUSIP Coupon Rate
Issuer
Book Yield
Remaining
Certificates of Deposit
61760AZZ5 Morgan Stanley Private Bank 05/09/2024 248,000.00 05/09/2019 248,000.00 98.29 243,751.76 0.25% NR/NR 0.61
2.650% 2.65% 248,000.00 5.56% 2,610.79 -4,248.24 NR 0.60 20033AW51 Comenity Capital Bank 05/15/2024 248,000.00 05/15/2019 248,000.00 98.29 243,754.24 0.25% NR/NR 0.62
2.750% 2.75% 248,000.00 5.56% 298.96 -4,245.76 NR 0.61
61690UHB9 Morgan Stanley Bank 06/06/2024 248,000.00 06/07/2019 247,422.16 98.08 243,248.32 0.25% NR/NR 0.68
2.700% 2.75% 247,920.89 5.60% 2,146.39 -4,672.57 NR 0.67 949763L95 Wells Fargo Bank NA 10/17/2024 248,000.00 10/18/2019 247,409.76 96.29 238,809.12 0.25% NR/NR 1.05
2.050% 2.10% 247,876.20 5.73% 195.00 -9,067.08 NR 1.02
990,831.92 969,563.44 1.00% 0.74
Total Certificates of Deposit 992,000.00 2.57% 991,797.09 5.61% 5,251.14 -22,233.65 0.73 Corporate Bonds
89236TDK8 Toyota Motor Credit 10/18/2023 2,000,000.00 01/04/2019 1,901,820.00 99.85 1,997,060.00 2.01% A1/A+ 0.05
2.250% 3.37% 1,998,974.92 5.15% 20,375.00 -1,914.92 A+ 0.04 64952WDT7 New York Life 10/21/2023 2,000,000.00 09/22/2021 2,004,800.00 99.71 1,994,160.00 2.01% Aaa/AA+ 0.06
0.400% 0.28% 2,000,134.58 5.41% 3,555.56 -5,974.58 AAA 0.05 892331AL3 Toyota Motor 03/25/2024 1,000,000.00 03/25/2021 1,000,000.00 97.59 975,920.00 1.01% A1/A+ 0.48
0.681% 02/25/2024 0.68% 1,000,000.00 5.77% 113.50 -24,080.00 A+ 0.46 637639AB1 National Securities Clearing 04/23/2025 2,000,000.00 10/06/2022 1,847,300.00 93.84 1,876,780.00 1.92% Aaa/AA+ 1.56
1.500% 4.72% 1,906,248.53 5.67% 13,166.67 -29,468.53 NR 1.49 6,753,920.00 6,843,920.00 6.94% 0.53
Total Corporate Bonds 7,000,000.00 2.46% 6,905,358.03 5.46% 37,210.73 -61,438.03 0.50 LAIF
9819716 LAIF 10/01/2023 98,105.58 07/19/2023 98,105.58 1.00 98,105.58 0.10% NR/NR 0.00
3.550% 3.55% 98,105.58 3.55% 0.00 0.00 NR 0.00
98,105.58 98,105.58 0.10% 0.00
Total LAIF 98,105.58 3.55% 98,105.58 3.55% 0.00 0.00 0.00 Money Market Funds
FUZXX Allspring Money Market Fund 10/01/2023 8,733,992.87 8,733,992.87 100.00 8,733,992.87 8.78% Aaa/AAA 0.00
5.224% 5.22% 8,733,992.87 5.22% 35,482.76 0.00 NR 0.00
Run Date: 10/4/2023 - 4:05 PM
Amortizing
16 Holdings Report
City of Redondo Beach September 30, 2023
Call Date
Maturity Date
Par Value
Settle Date
Book Value
Original Value
Mkt YTM
Mkt Price
Gain/Loss
% of Port
Fitch
Moody/S&P
Eff. Dur.
WAM
Accrued Int.
Market Value
CUSIP Coupon Rate
Issuer
Book Yield
Remaining
8,733,992.87 8,733,992.87 8.78% 0.00
Total Money Market Funds 8,733,992.87 5.22% 8,733,992.87 5.22% 35,482.76 0.00 0.00 U.S. Agencies
3133EJ3Q0 FFCB 12/21/2023 2,000,000.00 01/31/2019 2,014,600.00 99.43 1,988,640.00 2.01% Aaa/AA+ 0.22
2.875% 2.71% 2,000,671.55 5.39% 15,972.22 -12,031.55 AAA 0.21 3133EKNX0 FFCB 06/03/2024 1,500,000.00 06/05/2019 1,511,640.00 97.81 1,467,210.00 1.51% Aaa/AA+ 0.68
2.160% 2.00% 1,501,573.15 5.50% 10,620.00 -34,363.15 AAA 0.65 3133EKWV4 FFCB 07/26/2024 1,000,000.00 08/07/2019 1,010,120.00 97.11 971,100.00 1.01% Aaa/AA+ 0.82
1.850% 1.64% 1,001,674.41 5.49% 3,340.28 -30,574.41 AAA 0.79 3133EKA63 FFCB 08/16/2024 2,000,000.00 08/16/2019 1,995,911.08 96.74 1,934,760.00 2.01% Aaa/AA+ 0.88
1.600% 1.64% 1,999,282.17 5.45% 4,000.00 -64,522.17 AAA 0.84 3130AQZ48 FHLB 08/28/2024 5,000,000.00 08/08/2022 4,872,185.00 96.83 4,841,350.00 4.97% Aaa/AA+ 0.91
2.000% 10/28/2023 3.30% 4,943,346.86 5.62% 9,166.67 -101,996.86 AAA 0.88 3135G0W66 FNMA 10/15/2024 2,000,000.00 02/06/2020 2,013,560.00 96.15 1,922,940.00 2.01% Aaa/AA+ 1.04
1.625% 1.47% 2,003,010.66 5.48% 14,986.11 -80,070.66 AAA 1.00 3130A3GE8 FHLB 12/13/2024 2,000,000.00 01/30/2020 2,113,320.00 96.89 1,937,800.00 2.04% Aaa/AA+ 1.21
2.750% 1.54% 2,027,990.62 5.45% 16,500.00 -90,190.62 AAA 1.15 3135G0X24 FNMA 01/07/2025 3,000,000.00 01/27/2020 3,003,150.00 95.43 2,862,990.00 3.02% Aaa/AA+ 1.27
1.625% 1.60% 3,000,808.74 5.39% 11,375.00 -137,818.74 AAA 1.22 3134GW6C5 FHLMC 10/28/2026 5,000,000.00 02/10/2023 4,401,050.00 87.88 4,393,850.00 4.53% Aaa/AA+ 3.08
0.800% 10/28/2023 4.32% 4,504,008.52 5.11% 17,000.00 -110,158.52 AAA 2.94 3130AQEC3 FHLB 12/30/2026 2,000,000.00 12/30/2021 2,000,000.00 88.97 1,779,320.00 2.01% Aaa/AA+ 3.25
1.370% 12/30/2023 1.37% 2,000,000.00 5.10% 6,926.11 -220,680.00 AAA 3.08 3130AQLX9 FHLB 01/27/2027 10,000,000.00 01/27/2022 10,000,000.00 91.01 9,101,300.00 10.05% Aaa/AA+ 3.33
1.250% 01/27/2024 1.25% 10,000,000.00 4.17% 22,222.22 -898,700.00 AAA 2.97 3134GXTS3 FHLMC 05/25/2027 5,000,000.00 05/25/2022 5,000,000.00 96.15 4,807,350.00 5.03% Aaa/AA+ 3.65
3.500% 11/25/2023 3.50% 5,000,000.00 4.66% 61,250.00 -192,650.00 AAA 2.11 3134GXR48 FHLMC 08/25/2027 5,000,000.00 08/25/2022 5,000,000.00 96.58 4,828,900.00 5.03% Aaa/AA+ 3.90
3.950% 08/25/2024 3.95% 5,000,000.00 4.92% 19,750.00 -171,100.00 AAA 2.19 3133EPAV7 FFCB 02/14/2028 5,000,000.00 02/14/2023 4,984,750.00 96.42 4,820,750.00 5.01% Aaa/AA+ 4.38
3.875% 3.94% 4,986,664.72 4.79% 25,295.14 -165,914.72 AAA 3.92 49,920,286.08 47,658,260.00 50.24% 2.61
Total U.S. Agencies 50,500,000.00 2.64% 49,969,031.40 4.97% 238,403.75 -2,310,771.40 2.13 U.S. Treasuries
Run Date: 10/4/2023 - 4:05 PM
Amortizing
17 Holdings Report
City of Redondo Beach September 30, 2023
Call Date
Maturity Date
Par Value
Settle Date
Book Value
Original Value
Mkt YTM
Mkt Price
Gain/Loss
% of Port
Fitch
Moody/S&P
Eff. Dur.
WAM
Accrued Int.
Market Value
CUSIP Coupon Rate
Issuer
Book Yield
Remaining
U.S. Treasuries
91282CAW1 U.S. Treasury 11/15/2023 4,000,000.00 08/30/2021 3,998,125.00 99.38 3,975,240.00 4.02% Aaa/AA+ 0.13
0.250% 0.27% 3,999,893.12 5.23% 3,777.17 -24,653.12 AAA 0.12 912828YV6 U.S. Treasury 11/30/2024 2,000,000.00 08/09/2021 2,069,609.38 95.68 1,913,520.00 2.04% Aaa/AA+ 1.17
1.500% 0.44% 2,024,584.95 5.37% 10,081.97 -111,064.95 AAA 1.12 91282CEY3 U.S. Treasury 07/15/2025 5,000,000.00 05/30/2023 4,872,070.30 96.37 4,818,350.00 4.92% Aaa/AA+ 1.79
3.000% 4.27% 4,892,321.72 5.15% 31,793.48 -73,971.72 AAA 1.69 91282CAB7 U.S. Treasury 07/31/2025 2,000,000.00 08/09/2021 1,974,609.38 91.56 1,831,260.00 2.00% Aaa/AA+ 1.84
0.250% 0.57% 1,988,283.94 5.13% 842.39 -157,023.94 AAA 1.78 91282CAJ0 U.S. Treasury 08/31/2025 2,000,000.00 06/28/2021 1,958,437.50 91.25 1,824,920.00 1.99% Aaa/AA+ 1.92
0.250% 0.76% 1,980,894.88 5.10% 425.82 -155,974.88 AAA 1.86 91282CFK2 U.S. Treasury 09/15/2025 5,000,000.00 02/10/2023 4,908,007.80 97.07 4,853,500.00 4.96% Aaa/AA+ 1.96
3.500% 4.26% 4,930,520.66 5.09% 7,692.31 -77,020.66 AAA 1.85 91282CAT8 U.S. Treasury 10/31/2025 2,000,000.00 02/03/2021 1,985,156.26 90.68 1,813,520.00 2.00% Aaa/AA+ 2.09
0.250% 0.41% 1,993,465.67 5.02% 2,092.39 -179,945.67 AAA 2.02 91282CAT8 U.S. Treasury 10/31/2025 2,000,000.00 02/17/2021 1,976,953.14 90.68 1,813,520.00 2.00% Aaa/AA+ 2.09
0.250% 0.50% 1,989,771.86 5.02% 2,092.39 -176,251.86 AAA 2.02 91282CAZ4 U.S. Treasury 11/30/2025 1,000,000.00 02/23/2021 991,250.00 90.61 906,060.00 1.00% Aaa/AA+ 2.17
0.375% 0.56% 996,019.53 5.00% 1,260.25 -89,959.53 AAA 2.10 91282CAZ4 U.S. Treasury 11/30/2025 2,000,000.00 06/28/2021 1,962,734.38 90.61 1,812,120.00 1.99% Aaa/AA+ 2.17
0.375% 0.80% 1,981,736.16 5.00% 2,520.49 -169,616.16 AAA 2.10 91282CCF6 U.S. Treasury 05/31/2026 1,000,000.00 06/28/2021 993,437.50 89.81 898,090.00 1.00% Aaa/AA+ 2.67
0.750% 0.89% 996,445.01 4.87% 2,520.49 -98,355.01 AAA 2.56 91282CCP4 U.S. Treasury 07/31/2026 2,000,000.00 08/09/2021 1,990,625.00 89.00 1,780,080.00 2.01% Aaa/AA+ 2.84
0.625% 0.72% 1,994,659.81 4.82% 2,105.98 -214,579.81 AAA 2.73 91282CCW9 U.S. Treasury 08/31/2026 3,000,000.00 09/27/2021 2,978,085.93 89.05 2,671,530.00 3.00% Aaa/AA+ 2.92
0.750% 0.90% 2,987,014.79 4.82% 1,916.21 -315,484.79 AAA 2.80 32,659,101.57 30,911,710.00 32.93% 1.85
Total U.S. Treasuries 33,000,000.00 1.69% 32,755,612.10 5.07% 69,121.34 -1,843,902.10 1.77 99,156,238.02 95,215,551.89 100.00% 1.96
TOTAL PORTFOLIO 100,324,098.45 2.54% 99,453,897.06 5.06% 385,469.72 -4,238,345.18 1.69 TOTAL MARKET VALUE PLUS ACCRUED INTEREST 95,601,021.61
Run Date: 10/4/2023 - 4:05 PM
Amortizing
18 Maturity Report
City of Redondo Beach September 30, 2023
CUSIP Date
Purchase
Value
Book
Rate
Coupon
Date
Maturity
Par
Remaining
Term Value
Market
Issuer YTM
Days to
Maturity
Book
FUZXX Allspring Money Market Fund 8,733,992.87 5.224% 10/01/2023 8,733,992.87 1 8,733,992.87 5.22% 1 9819716 LAIF 01/12/2023 98,105.58 3.550% 10/01/2023 98,105.58 1 98,105.58 3.55% 1 89236TDK8 Toyota Motor Credit 01/04/2019 1,998,974.92 2.250% 10/18/2023 2,000,000.00 1,730 1,997,060.00 3.37% 18 64952WDT7 New York Life 09/22/2021 2,000,134.58 0.400% 10/21/2023 2,000,000.00 738 1,994,160.00 0.28% 21 91282CAW1 U.S. Treasury 08/30/2021 3,999,893.12 0.250% 11/15/2023 4,000,000.00 761 3,975,240.00 0.27% 46 3133EJ3Q0 FFCB 01/31/2019 2,000,671.55 2.875% 12/21/2023 2,000,000.00 1,703 1,988,640.00 2.71% 82 892331AL3 Toyota Motor 03/25/2021 1,000,000.00 0.681% 03/25/2024 1,000,000.00 919 975,920.00 0.68% 177 61760AZZ5 Morgan Stanley Private Bank 05/09/2019 248,000.00 2.650% 05/09/2024 248,000.00 1,605 243,751.76 2.65% 222 20033AW51 Comenity Capital Bank 05/15/2019 248,000.00 2.750% 05/15/2024 248,000.00 1,599 243,754.24 2.75% 228 3133EKNX0 FFCB 06/05/2019 1,501,573.15 2.160% 06/03/2024 1,500,000.00 1,578 1,467,210.00 2.00% 247 61690UHB9 Morgan Stanley Bank 06/07/2019 247,920.89 2.700% 06/06/2024 248,000.00 1,576 243,248.32 2.75% 250 3133EKWV4 FFCB 08/07/2019 1,001,674.41 1.850% 07/26/2024 1,000,000.00 1,515 971,100.00 1.64% 300 3133EKA63 FFCB 08/16/2019 1,999,282.17 1.600% 08/16/2024 2,000,000.00 1,506 1,934,760.00 1.64% 321 3130AQZ48 FHLB 08/08/2022 4,943,346.86 2.000% 08/28/2024 5,000,000.00 418 4,841,350.00 3.30% 333 3135G0W66 FNMA 02/06/2020 2,003,010.66 1.625% 10/15/2024 2,000,000.00 1,332 1,922,940.00 1.47% 381 949763L95 Wells Fargo Bank NA 10/18/2019 247,876.20 2.050% 10/17/2024 248,000.00 1,443 238,809.12 2.10% 383 912828YV6 U.S. Treasury 08/09/2021 2,024,584.95 1.500% 11/30/2024 2,000,000.00 782 1,913,520.00 0.44% 427 3130A3GE8 FHLB 01/30/2020 2,027,990.62 2.750% 12/13/2024 2,000,000.00 1,339 1,937,800.00 1.54% 440 3135G0X24 FNMA 01/27/2020 3,000,808.74 1.625% 01/07/2025 3,000,000.00 1,342 2,862,990.00 1.60% 465 637639AB1 National Securities Clearing 10/06/2022 1,906,248.53 1.500% 04/23/2025 2,000,000.00 359 1,876,780.00 4.72% 571 91282CEY3 U.S. Treasury 05/30/2023 4,892,321.72 3.000% 07/15/2025 5,000,000.00 123 4,818,350.00 4.27% 654 91282CAB7 U.S. Treasury 08/09/2021 1,988,283.94 0.250% 07/31/2025 2,000,000.00 782 1,831,260.00 0.57% 670 91282CAJ0 U.S. Treasury 06/28/2021 1,980,894.88 0.250% 08/31/2025 2,000,000.00 824 1,824,920.00 0.76% 701 91282CFK2 U.S. Treasury 02/10/2023 4,930,520.66 3.500% 09/15/2025 5,000,000.00 232 4,853,500.00 4.26% 716 91282CAT8 U.S. Treasury 02/03/2021 1,993,465.67 0.250% 10/31/2025 2,000,000.00 969 1,813,520.00 0.41% 762 91282CAT8 U.S. Treasury 02/03/2021 1,989,771.86 0.250% 10/31/2025 2,000,000.00 969 1,813,520.00 0.50% 762 91282CAZ4 U.S. Treasury 02/23/2021 1,981,736.16 0.375% 11/30/2025 2,000,000.00 949 1,812,120.00 0.80% 792 91282CAZ4 U.S. Treasury 02/23/2021 996,019.53 0.375% 11/30/2025 1,000,000.00 949 906,060.00 0.56% 792 91282CCF6 U.S. Treasury 06/28/2021 996,445.01 0.750% 05/31/2026 1,000,000.00 824 898,090.00 0.89% 974 91282CCP4 U.S. Treasury 08/09/2021 1,994,659.81 0.625% 07/31/2026 2,000,000.00 782 1,780,080.00 0.72% 1,035 91282CCW9 U.S. Treasury 09/27/2021 2,987,014.79 0.750% 08/31/2026 3,000,000.00 733 2,671,530.00 0.90% 1,066 3134GW6C5 FHLMC 02/10/2023 4,504,008.52 0.800% 10/28/2026 5,000,000.00 232 4,393,850.00 4.32% 1,124 3130AQEC3 FHLB 12/30/2021 2,000,000.00 1.370% 12/30/2026 2,000,000.00 639 1,779,320.00 1.37% 1,187 3130AQLX9 FHLB 01/27/2022 10,000,000.00 1.250% 01/27/2027 10,000,000.00 611 9,101,300.00 1.25% 1,215 3134GXTS3 FHLMC 05/25/2022 5,000,000.00 3.500% 05/25/2027 5,000,000.00 493 4,807,350.00 3.50% 1,333 3134GXR48 FHLMC 08/25/2022 5,000,000.00 3.950% 08/25/2027 5,000,000.00 401 4,828,900.00 3.95% 1,425 Run Date: 10/4/2023 - 4:05 PM
Amortizing
19 Maturity Report
City of Redondo Beach September 30, 2023
CUSIP Date
Purchase
Value
Book
Rate
Coupon
Date
Maturity
Par
Remaining
Term Value
Market
Issuer YTM
Days to
Maturity
Book
3133EPAV7 FFCB 02/14/2023 4,986,664.72 3.875% 02/14/2028 5,000,000.00 228 4,820,750.00 3.94% 1,598 Net Maturities and Averages 99,453,897.06 100,324,098.45 95,215,551.89 2.54% 716 Run Date: 10/4/2023 - 4:05 PM
Amortizing
20 Summary by Issuer
City of Redondo Beach September 30, 2023
Issuer Investments
Number of Par
Value
Book
Value
% of
Portfolio YTM Maturity
Book Days to
U.S. Treasury 13 33,000,000.00 32,755,612.10 32.94 1.69 675 FHLB 4 19,000,000.00 18,971,337.49 19.08 1.83 899
FHLMC 3 15,000,000.00 14,504,008.52 14.58 3.91 1,300
FFCB 5 11,500,000.00 11,489,866.00 11.55 2.87 822
Allspring Money Market Fund 1 8,733,992.87 8,733,992.87 8.78 5.22 1 FNMA 2 5,000,000.00 5,003,819.39 5.03 1.55 431
Toyota 2 3,000,000.00 2,998,974.92 3.02 2.47 71
New York Life 1 2,000,000.00 2,000,134.58 2.01 0.28 21
National Securities Clearing 1 2,000,000.00 1,906,248.53 1.92 4.72 571 Morgan Stanley Private Bank 1 248,000.00 248,000.00 0.25 2.65 222 Comenity Capital Bank 1 248,000.00 248,000.00 0.25 2.75 228 Morgan Stanley Bank 1 248,000.00 247,920.89 0.25 2.75 250 Wells Fargo 1 248,000.00 247,876.20 0.25 2.10 383
LAIF 1 98,105.58 98,105.58 0.10 3.55 1
Total and Average 37 100,324,098.45 99,453,897.06 100.00% 2.54 716 Run Date: 10/4/2023 - 4:05 PM
Amortizing
21 Income Earned Summary
City of Redondo Beach September 30, 2023
September 30 Month End Fiscal Year To Date
Interest
Interest Received/Purchased
Plus Accrued Interest at End of Period
Less Accrued Interest at Beginning of Period
Interest Earned During Period
Total Adjustments for Amortization/Accretion
Total Capital Gains or Losses
Total Earnings During Period
172,731.01 812,442.84
385,469.72 385,469.72
-381,725.62 -634,660.15
176,475.11 563,252.41
31,573.89 111,925.43
0.00 0.00
208,049.00 675,177.84
Run Date: 10/4/2023 - 4:05 PM
Amortizing
22 Income Earned
City of Redondo Beach September 01, 2023 - September 30, 2023 CUSIP Value
Ending Par
Date
Maturity
Book Value
Beginning
Value
Ending Book
Accrued
Beginning
/Purchased
Int.Received
Accrued
Ending
Issuer Earned
Interest Amortization/
Accretion Earned
Net Income
Certificates of Deposit
61760AZZ5 Morgan Stanley Private Bank 05/09/2024 248,000.00 248,000.00 248,000.00 2,070.63 0.00 2,610.79 540.16 0.00 540.16 20033AW51 Comenity Capital Bank 05/15/2024 248,000.00 248,000.00 248,000.00 317.64 579.23 298.96 560.55 0.00 560.55 61690UHB9 Morgan Stanley Bank 06/06/2024 248,000.00 247,911.39 247,920.89 1,596.03 0.00 2,146.39 550.36 9.49 559.85 949763L95 Wells Fargo Bank NA 10/17/2024 248,000.00 247,866.50 247,876.20 208.93 431.79 195.00 417.86 9.70 427.56 Certificates of Deposit - Sub Total 992,000.00 991,777.89 991,797.09 4,193.23 1,011.02 5,251.14 2,068.93 19.19 2,088.12 Corporate Bonds
89236TDK8 Toyota Motor Credit 10/18/2023 2,000,000.00 1,997,323.40 1,998,974.92 16,625.00 0.00 20,375.00 3,750.00 1,651.52 5,401.52 64952WDT7 New York Life 10/21/2023 2,000,000.00 2,000,320.43 2,000,134.58 2,888.89 0.00 3,555.56 666.67 -185.85 480.82 892331AL3 Toyota Motor 03/25/2024 1,000,000.00 1,000,000.00 1,000,000.00 2,951.00 3,405.00 113.50 567.50 0.00 567.50 637639AB1 National Securities Clearing 04/23/2025 2,000,000.00 1,901,419.41 1,906,248.53 10,666.67 0.00 13,166.67 2,500.00 4,829.12 7,329.12 Corporate Bonds - Sub Total 7,000,000.00 6,899,063.24 6,905,358.03 33,131.56 3,405.00 37,210.73 7,484.17 6,294.79 13,778.96 LAIF
9819716 LAIF 10/01/2023 98,105.58 98,105.58 98,105.58 0.00 0.00 0.00 0.00 0.00 0.00 LAIF - Sub Total 98,105.58 98,105.58 98,105.58 0.00 0.00 0.00 0.00 0.00 0.00 Money Market Funds
FUZXX Allspring Money Market Fund 10/01/2023 8,733,992.87 5,561,261.86 8,733,992.87 38,814.99 38,814.99 35,482.76 35,482.76 0.00 35,482.76 Money Market Funds - Sub Total 8,733,992.87 5,561,261.86 8,733,992.87 38,814.99 38,814.99 35,482.76 35,482.76 0.00 35,482.76 U.S. Agencies
3133EJYL7 FFCB 09/05/2023 0.00 2,999,885.81 0.00 41,066.67 42,000.00 0.00 933.33 114.19 1,047.52 3133EJ3Q0 FFCB 12/21/2023 2,000,000.00 2,000,920.27 2,000,671.55 11,180.56 0.00 15,972.22 4,791.66 -248.72 4,542.94 3133EKNX0 FFCB 06/03/2024 1,500,000.00 1,501,760.89 1,501,573.15 7,920.00 0.00 10,620.00 2,700.00 -187.74 2,512.26 3133EKWV4 FFCB 07/26/2024 1,000,000.00 1,001,838.46 1,001,674.41 1,798.61 0.00 3,340.28 1,541.67 -164.05 1,377.62 3133EKA63 FFCB 08/16/2024 2,000,000.00 1,999,216.29 1,999,282.17 1,333.33 0.00 4,000.00 2,666.67 65.88 2,732.55 3130AQZ48 FHLB 08/28/2024 5,000,000.00 4,938,337.90 4,943,346.86 833.33 0.00 9,166.67 8,333.34 5,008.97 13,342.31 3135G0W66 FNMA 10/15/2024 2,000,000.00 2,003,243.48 2,003,010.66 12,277.78 0.00 14,986.11 2,708.33 -232.82 2,475.51 3130A3GE8 FHLB 12/13/2024 2,000,000.00 2,029,929.93 2,027,990.62 11,916.67 0.00 16,500.00 4,583.33 -1,939.30 2,644.03 3135G0X24 FNMA 01/07/2025 3,000,000.00 3,000,860.06 3,000,808.74 7,312.50 0.00 11,375.00 4,062.50 -51.32 4,011.18 3134GW6C5 FHLMC 10/28/2026 5,000,000.00 4,491,026.79 4,504,008.52 13,666.67 0.00 17,000.00 3,333.33 12,981.73 16,315.06 3130AQEC3 FHLB 12/30/2026 2,000,000.00 2,000,000.00 2,000,000.00 4,642.78 0.00 6,926.11 2,283.33 0.00 2,283.33 Run Date: 10/4/2023 - 4:05 PM
Amortizing
23 Income Earned
City of Redondo Beach September 01, 2023 - September 30, 2023 CUSIP Value
Ending Par
Date
Maturity
Book Value
Beginning
Value
Ending Book
Accrued
Beginning
/Purchased
Int.Received
Accrued
Ending
Issuer Earned
Interest Amortization/
Accretion Earned
Net Income
U.S. Agencies
3130AQLX9 FHLB 01/27/2027 10,000,000.00 10,000,000.00 10,000,000.00 11,805.56 0.00 22,222.22 10,416.66 0.00 10,416.66 3134GXTS3 FHLMC 05/25/2027 5,000,000.00 5,000,000.00 5,000,000.00 46,666.67 0.00 61,250.00 14,583.33 0.00 14,583.33 3134GXR48 FHLMC 08/25/2027 5,000,000.00 5,000,000.00 5,000,000.00 3,291.67 0.00 19,750.00 16,458.33 0.00 16,458.33 3133EPAV7 FFCB 02/14/2028 5,000,000.00 4,986,419.03 4,986,664.72 9,149.31 0.00 25,295.14 16,145.83 245.69 16,391.52 U.S. Agencies - Sub Total 50,500,000.00 52,953,438.90 49,969,031.40 184,862.11 42,000.00 238,403.75 95,541.64 15,592.50 111,134.14 U.S. Treasuries
91282CAW1 U.S. Treasury 11/15/2023 4,000,000.00 3,999,823.42 3,999,893.12 2,961.96 0.00 3,777.17 815.21 69.70 884.91 912828YV6 U.S. Treasury 11/30/2024 2,000,000.00 2,026,312.23 2,024,584.95 7,622.95 0.00 10,081.97 2,459.02 -1,727.28 731.74 91282CEY3 U.S. Treasury 07/15/2025 5,000,000.00 4,887,382.35 4,892,321.72 19,565.22 0.00 31,793.48 12,228.26 4,939.37 17,167.63 91282CAB7 U.S. Treasury 07/31/2025 2,000,000.00 1,987,759.34 1,988,283.94 434.78 0.00 842.39 407.61 524.60 932.21 91282CAJ0 U.S. Treasury 08/31/2025 2,000,000.00 1,980,077.25 1,980,894.88 13.74 0.00 425.82 412.08 817.62 1,229.70 91282CFK2 U.S. Treasury 09/15/2025 5,000,000.00 4,927,609.51 4,930,520.66 80,842.39 87,500.00 7,692.31 14,349.92 2,911.15 17,261.07 91282CAT8 U.S. Treasury 10/31/2025 4,000,000.00 3,982,577.59 3,983,237.53 3,369.57 0.00 4,184.78 815.21 659.94 1,475.15 91282CAZ4 U.S. Treasury 11/30/2025 3,000,000.00 2,976,913.10 2,977,755.69 2,858.61 0.00 3,780.74 922.13 842.59 1,764.72 91282CCF6 U.S. Treasury 05/31/2026 1,000,000.00 996,335.51 996,445.01 1,905.74 0.00 2,520.49 614.75 109.50 724.25 91282CCP4 U.S. Treasury 07/31/2026 2,000,000.00 1,994,505.02 1,994,659.81 1,086.96 0.00 2,105.98 1,019.02 154.79 1,173.81 91282CCW9 U.S. Treasury 08/31/2026 3,000,000.00 2,986,649.36 2,987,014.79 61.81 0.00 1,916.21 1,854.40 365.44 2,219.84 U.S. Treasuries - Sub Total 33,000,000.00 32,745,944.69 32,755,612.10 120,723.73 87,500.00 69,121.34 35,897.61 9,667.41 45,565.02 Grand Total 100,324,098.45 99,249,592.16 99,453,897.06 381,725.62 172,731.01 385,469.72 176,475.11 31,573.89 208,049.00 Run Date: 10/4/2023 - 4:05 PM
Amortizing
24 Realized Gains and Losses
City of Redondo Beach September 01, 2023 - September 30, 2023 CUSIP Par Value Sale Date Days Held Maturity/Sales Realized Issuer Purchase Date Coupon Rate Maturity Date Term Book Value Proceeds Gain/Loss U.S. Agencies
3133EJYL7 10/19/2018 3,000,000.00 09/05/2023 1,782 3,000,000.00 3,000,000.00 0.00 FFCB 2.800% 09/05/2023 1,782
Total U.S. Agencies 3,000,000.00 3,000,000.00 0.00
Grand Total 3,000,000.00 3,000,000.00 0.00
Run Date: 10/4/2023 - 4:05 PM
Amortizing
25 Transaction Report
City of Redondo Beach September 01, 2023 - September 30, 2023 Transaction Transaction Security Security Maturity
Date Type ID Description Date Purchases Redemptions Interest Deposits Withdrawals 09/05/2023 Interest FUZXX First American Tsy MMF - - 38,814.99 - - 09/05/2023 Maturity 3133EJYL7 FFCB 2.8 09/05/23 09/05/2023 - 3,000,000.00 - - - 09/05/2023 Interest 3133EJYL7 FFCB 2.8 09/05/23 09/05/2023 - - 42,000.00 - - 09/15/2023 Interest 20033AW51 ADS 2 3/4 05/15/24 05/15/2024 - - 579.23 - - 09/15/2023 Interest 91282CFK2 T 3 1/2 09/15/25 09/15/2025 - - 87,500.00 - - 09/18/2023 Interest 949763L95 WFC 2.05 10/17/24 10/17/2024 - - 431.79 - - 09/25/2023 Interest 892331AL3 TOYOTA 0.681 03/25/24 03/25/2024 - - 3,405.00 - - Grand Total: 0.00 3,000,000.00 172,731.01 0.00 0.00
Run Date: 10/4/2023 - 4:05 PM
Amortizing
26 Bank of America & LAIF Accounts
Account
General Fund 001
General Fund 002
Parking Authority Fund 003
Housing Authority Fund 004
Redevelopment Agency Fund 005
Public Finance Authority Fund 006
Workmens-Comp Fund 007
Measure-R-Local-Return Fund 008
City of Redondo Beach-FSA Fund 009
Trust Account Fund 011
TOTAL
Checking
6,469,818.41
986.03
2,322,004.79
352,463.84
1,680,915.49
1,704,519.77
114,620.81
7,614.73
4,470,394.84
98,105.58 98,105.58
1,680,915.49
1,704,519.77
114,620.81
1,909,227.92
182,176.85
19,318,137.59
City of Redondo Beach 9/30/2023
Bank of America Accounts & LAIF Accounts
Total
6,469,818.41
7,614.73
LAIF
-
5,288.53
-
6,274.56
2,322,004.79
2,261,691.76
4,652,571.69
27 Credit Ratings Information
Sector Parameters
0.0%
Corporate Bonds
Commercial Paper
Bankers Acceptances Sector limit 40%, issuer limit 5%, maximum maturity 180 days, A-1/P-1 by two. Yes 25% limit, 5% per issuer, maximum maturity 270 days, A-1 (S&P)/P-1 (Moody's), issued by a domestic corporation w/ at least $500 million of assets and A- (S&P)/A3 (Moody's) long term debt.
0.0%
City of Redondo Beach 9/30/2023
In Compliance
Sector limit 30%, issuer limit 5%, max maturity 5 years, rated A (S&P/Fitch)/A2 (Moody's) by one, issued by domestic corporation/depositories.
Yes/No Percent
Yes
Yes
6.9%
28 Disclosure
Discolure
Custom Benchmark: 30 Month Moving Average of the ICE BofA 0-5Yr Treasury Index Note: The portfolio is not managed on a total return basis, nor is it managed to a specific index; rather, the portfolio is managed to ensure liquidity with the majority of the portfolio needed to fund debt and pension payments. Performance of the portfolio can differ greatly from the index depending on interest rate movements, and cash flow needs of the portfolio.
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Run Date: 10/4/2023 - 4:05 PM
Amortizing
29