Monthly Investment Report
City of Redondo Beach
March 2024
10655 Park Run Drive, Suite 120 | Las Vegas, NV 89144 | Phone 702.575.6600 | www.meederpublicfunds.com Run Date: 4/9/2024 - 4:42 PM
Amortizing Page 2
Portfolio Summary
City of Redondo Beach 3/31/2024
SECTOR ALLOCATION MATURITY DISTRIBUTION CREDIT QUALITY (MOODY'S)
ACCOUNT SUMMARY MONTH-END PORTFOLIO BOOK YIELD TOP ISSUERS 3/31/24 2/29/24 Issuer % Portfolio
Market Value $100,797,025 $98,399,506 U.S. Treasury 32.7% Book Value $103,322,414 $101,064,826 FHLB 18.4%
Variance -$2,525,390 -$2,665,320 First American Tsy FUZXX 15.4% FHLMC 14.1%
Par Value $104,075,531 $101,876,415 FFCB 9.2%
FNMA 4.8%
Net Asset Value $97.56 $97.36 UnitedHealth 2.5%
National Securities Clearing 1.9%
Book Yield 3.07% 2.98% Comenity Capital Bank 0.2%
Morgan Stanley Private Bank 0.2%
Market Yield 4.68% 4.72% Morgan Stanley Bank 0.2%
Wells Fargo 0.2%
Years to Maturity 1.54 1.65 LAIF 0.1%
Effective Duration 1.36 1.39
Apr-23
May-23
Jun-23
Jul-23
Aug-23
Sep-23
Oct-23
Nov-23
Dec-23
Jan-24
Feb-24
Mar-24
1.00%
1.25%
1.50%
1.75%
2.00%
2.25%
2.50%
2.75%
3.00%
3.25%
3.50%
0.1%
1.0%
4.3%
15.4%
32.7%
46.5%
LAIF
CD
CORP
MMF
TSY
AGY
0% 25% 50% 75% 100%
39.2%
24.5% 21.8%
14.5%
0-1Y 1-2Y 2-3Y 3-4Y 4-5Y+
0%
10%
20%
30%
40%
50%
60%
70%
1.1%
2.5%
91.7%
4.8%
NR
A3
A2
A1
Aa3
Aa2
Aa1
Aaa
P-1
0% 25% 50% 75% 100%
2 Run Date: 4/9/2024 - 4:42 PM
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Investment Policy Compliance
City of Redondo Beach 3/31/2024
Category Book Value % of Portfolio % Allowed by Policy In Compliance Reserved row US Treasuries 33,811,331.16 32.72% 100% Yes
US Federal Agencies 48,066,986.30 46.52% 100% Yes
Supranational Obligations 0.00 0.00% 15% Yes
LAIF 101,853.15 0.10% 65,000,000 Yes
Commercial Paper 0.00 0.00% 25% Yes
Money Market Funds 15,881,678.00 15.37% 20% Yes
Negotiable Certificates of Deposit 991,914.15 0.96% 30% Yes Corporate Obligations 4,468,651.74 4.32% 30% Yes
Total 103,322,414.50 100.00%
Other Metrics Portfolio Metric In Compliance
Weighted Average Maturity 1.54 Less than 2.5 Years Yes
Liquidity 39.18% 25% Under 365 Days Yes
Ratings Yes
3 Run Date: 4/9/2024 - 4:42 PM
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Historical Book Values
City of Redondo Beach 3/31/2024
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 $111.2 $102.4 $99.4 $95.0 $91.0 $90.9 $100.6 $100.8 $101.5 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
Nov-23
Mar-24
$40
$50
$60
$70
$80
$90
$100
$110
$120
Millions
4 Run Date: 4/9/2024 - 4:42 PM
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Historical Book Values Per Fiscal Year
City of Redondo Beach 3/31/2024
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 $111.2 $102.4 $99.4 $95.0 $91.0 $90.9 $100.6 $100.8 $101.5 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: 4/9/2024 - 4:42 PM
Amortizing Page 6
Historical Weighted Average Maturity
City of Redondo Beach 3/31/2024 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 2.03 2.06 1.73 1.71 1.65 1.54 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
Nov-23
Mar-24
0.00 0.50
1.00 1.50
2.00 2.50
3.00 3.50
Average Years To Maturity
6 Run Date: 4/9/2024 - 4:42 PM
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Next Twelve Months Cash Flow
City of Redondo Beach 3/31/2024
Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 Maturities $21.0 $0.5 $1.7 $1.0 $7.0 $0.0 $2.2 $2.0 $2.0 $3.0 $0.0 $0.0 1 Par Value in Millions; Assumes Securities Are Held To Maturity $21.0
$0.5
$1.7 $1.0
$7.0
$0.0
$2.2 $2.0 $2.0
$3.0
$0.0 $0.0
Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 $0
$5
$10
$15
$20
$25
$30
$35
$40
Millions
7 Run Date: 4/9/2024 - 4:42 PM
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Yield At Cost Per 6-Month Maturity Intervals
City of Redondo Beach 3/31/2024
Years Yield At Cost % of Portfolio
0 to .5 4.36% 30.20%
.5 to 1.0 1.32% 8.98%
1.0 to 1.5 3.41% 15.28%
1.5 to 2.0 1.62% 9.20%
2.0 to 2.5 0.84% 5.79%
2.5 to 3.0 2.26% 16.05%
3.0 to 3.5 3.73% 9.68%
3.5 to 4.0 3.94% 4.83%
4.0 to 4.5 0.00% 0.00%
4.5 to 5.0 0.00% 0.00%
5.0+ 0.00% 0.00%
Total 3.07% 100.0%
4.36%
1.32%
3.41%
1.62%
0.84%
2.26%
3.73% 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%
5.5%
6.0%
Maturity Intervals
Yield At Cost
Bubble Size = Maturity's % of Portfolio
8 Run Date: 4/9/2024 - 4:42 PM
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Historical Sector Allocation
City of Redondo Beach 3/31/2024
Sector Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 AGY 55.7% 48.1% 49.7% 50.0% 53.4% 50.2% 54.0% 57.0% 47.8% 47.7% 47.5% 46.5% TSY 32.1% 31.9% 32.9% 30.9% 33.0% 32.9% 35.4% 32.8% 28.7% 28.6% 33.4% 32.7% MMF 1.5% 10.8% 7.8% 11.6% 5.6% 8.8% 6.3% 5.7% 19.5% 17.2% 12.5% 15.4% CORP 8.7% 7.5% 7.8% 6.5% 7.0% 6.9% 3.1% 3.3% 2.9% 5.4% 5.4% 4.3% CD 1.0% 0.8% 0.9% 0.9% 1.0% 1.0% 1.1% 1.1% 1.0% 1.0% 1.0% 1.0% LAIF 1.1% 0.9% 0.9% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 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% Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
50%
55%
60%
AGY
TSY
MMF
CORP
CD
LAIF
9 Run Date: 4/9/2024 - 4:42 PM
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Issuer Allocation
City of Redondo Beach 3/31/2024
0.1%
0.2%
0.2%
0.2%
0.2%
1.9%
2.5%
4.8%
9.2%
14.1%
15.4%
18.4%
32.7%
LAIF
Wells Fargo
Comenity Capital Bank
Morgan Stanley Private Bank
Morgan Stanley Bank
National Securities Clearing
UnitedHealth
FNMA
FFCB
FHLMC
First American Tsy FUZXX
FHLB
U.S. Treasury
0% 5% 10% 15% 20% 25% 30% 35%
10 Run Date: 4/9/2024 - 4:42 PM
Amortizing Page 11
Historical Earnings & Book Return Performance
City of Redondo Beach 3/31/2024
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 $677.915 $875.773 $1,068.390 $1,261.363 $1,524.931 $1,766.046 $2,023.050 Fiscal YTD Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Book Return 2.63% 2.57% 2.58% 2.55% 2.55% 2.54% 2.62% 2.67% 2.71% 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: 4/9/2024 - 4:42 PM
Amortizing Page 12
Historical Yield At Cost vs Benchmark
City of Redondo Beach 3/31/2024
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
Oct-23
Feb-24
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
4.0%
4.5% Portfolio
Benchmark
Trailing 12 Months: Month End Yield At Cost vs Benchmark Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
4.0%
4.5%
Portfolio
Benchmark
Benchmark: Custom Benchmark (see disclosure)
12 Run Date: 4/9/2024 - 4:42 PM
Amortizing Page 13
Total Return Performance
City of Redondo Beach 3/31/2024
*Index: ICE BofA 0-5Yr Treasury Index
**Inception: July 2012
1 Month 3 Month FYTD 1 Year 3 Year 5 Year Inception
Portfolio 0.401% 0.792% 4.070% 4.110% 0.567% 1.531% 1.369% Benchmark 0.373% 0.253% 3.486% 3.053% 0.061% 1.206% 1.072% Variance 0.028% 0.540% 0.584% 1.057% 0.506% 0.325% 0.297% 1 Month 3 Month FYTD 1 Year 3 Year 5 Year Inception**
0.000%
0.500%
1.000%
1.500%
2.000%
2.500%
3.000%
3.500%
4.000%
4.500%
Portfolio
Benchmark
13 Run Date: 4/9/2024 - 4:42 PM
Amortizing Page 14
Investment Activity
City of Redondo Beach 3/31/2024
Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Positions 40 41 41 38 38 37 35 34 33 34 35 34
Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Purchases 0 1 1 0 0 0 0 0 0 1 1 0
Redemptions 0 0 1 3 0 1 2 1 1 0 0 1
Total 0 1 2 3 0 1 2 1 1 1 1 1
Number of Positions at Month End
Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 20 30
40 50
60 Positions
Purchases and Redemptions* (Excluding MMF/LGIP)
Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 0 2
4 6
8 10
Number of Transactions
Purchases
Redemptions
*Redemptions include maturities, calls, and sells
14 Portfolio Summary
City of Redondo Beach March 31, 2024
Investments Par Value Book Value
% of
Portfolio Maturity YTM
Days to
Market Value
Book
Certificates of Deposit 992,000.00 984,666.64 991,914.15 0.96 88 2.57 Corporate Bonds 4,600,000.00 4,439,852.00 4,468,651.74 4.32 573 4.60 LAIF 101,853.15 101,853.15 101,853.15 0.10 1 4.25
Money Market Funds 15,881,678.00 15,881,678.00 15,881,678.00 15.37 1 5.18 U.S. Agencies 48,500,000.00 46,884,955.00 48,066,986.30 46.52 804 2.70 U.S. Treasuries 34,000,000.00 32,504,020.00 33,811,331.16 32.72 494 2.41 104,075,531.15 100,797,024.79 103,322,414.50 100.00 562 3.07 Investments
Total Earnings March 31 Month Ending Fiscal Year To Date Current Year 257,003.91 2,023,050.30
Average Daily Balance 101,485,292.94 99,209,284.94
Book Rate of Return 2.98% 2.71%
Run Date: 4/9/2024 - 4:42 PM
Amortizing
15 Holdings Report
City of Redondo Beach March 31, 2024
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 99.68 247,206.40 0.24% NR/NR 0.11
2.650% 2.65% 248,000.00 5.60% 2,592.79 -793.60 NR 0.19
20033AW51 Comenity Capital Bank 05/15/2024 248,000.00 05/15/2019 248,000.00 99.66 247,146.88 0.24% NR/NR 0.12
2.750% 2.75% 248,000.00 5.50% 317.64 -853.12 NR 0.21
61690UHB9 Morgan Stanley Bank 06/06/2024 248,000.00 06/07/2019 247,422.16 99.47 246,695.52 0.24% NR/NR 0.18
2.700% 2.75% 247,978.80 5.56% 2,146.39 -1,283.28 NR 0.27 949763L95 Wells Fargo Bank NA 10/17/2024 248,000.00 10/18/2019 247,409.76 98.23 243,617.84 0.24% NR/NR 0.55
2.050% 2.10% 247,935.35 5.35% 208.93 -4,317.51 NR 0.62
990,831.92 984,666.64 0.96% 0.24
Total Certificates of Deposit 992,000.00 2.57% 991,914.15 5.50% 5,265.75 -7,247.51 0.32 Corporate Bonds
637639AB1 National Securities Clearing 04/23/2025 2,000,000.00 10/06/2022 1,847,300.00 96.33 1,926,640.00 1.87% Aaa/AA+ 1.06
1.500% 4.72% 1,936,388.88 5.09% 13,166.67 -9,748.88 NR 1.10 91324PCV2 UnitedHealth Group Inc 03/15/2026 2,600,000.00 01/31/2024 2,526,498.00 96.66 2,513,212.00 2.45% A2/A+ 1.96
3.100% 4.51% 2,532,262.86 4.91% 3,582.22 -19,050.86 A 1.90 4,373,798.00 4,439,852.00 4.32% 1.57
Total Corporate Bonds 4,600,000.00 4.60% 4,468,651.74 4.99% 16,748.89 -28,799.74 1.55 LAIF
9819716 LAIF 04/01/2024 101,853.15 01/12/2024 101,853.15 1.00 101,853.15 0.10% NR/NR 0.00
4.250% 4.25% 101,853.15 4.25% 0.00 0.00 NR 0.00
101,853.15 101,853.15 0.10% 0.00
Total LAIF 101,853.15 4.25% 101,853.15 4.25% 0.00 0.00 0.00 Money Market Funds
FUZXX First American Tsy FUZXX 04/01/2024 15,881,678.00 15,881,678.00 100.00 15,881,678.00 15.37% Aaa/AAA 0.00
5.183% 5.18% 15,881,678.00 5.18% 58,446.13 0.00 NR 0.00 15,881,678.00 15,881,678.00 15.37% 0.00
Total Money Market Funds 15,881,678.00 5.18% 15,881,678.00 5.18% 58,446.13 0.00 0.00 U.S. Agencies
Run Date: 4/9/2024 - 4:43 PM
Amortizing
16 Holdings Report
City of Redondo Beach March 31, 2024
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. Agencies
3133EKNX0 FFCB 06/03/2024 1,500,000.00 06/05/2019 1,511,640.00 99.47 1,492,005.00 1.45% Aaa/AA+ 0.18
2.160% 2.00% 1,500,401.38 5.16% 10,620.00 -8,396.38 AA+ 0.25 3133EKWV4 FFCB 07/26/2024 1,000,000.00 08/07/2019 1,010,120.00 98.95 989,470.00 0.97% Aaa/AA+ 0.32
1.850% 1.64% 1,000,650.53 5.14% 3,340.28 -11,180.53 AA+ 0.39 3133EKA63 FFCB 08/16/2024 2,000,000.00 08/16/2019 1,995,911.08 98.66 1,973,220.00 1.94% Aaa/AA+ 0.38
1.600% 1.64% 1,999,693.33 5.19% 4,000.00 -26,473.33 AA+ 0.45 3130AQZ48 FHLB 08/28/2024 5,000,000.00 08/08/2022 4,872,185.00 98.60 4,930,200.00 4.81% Aaa/AA+ 0.41
2.000% 04/28/2024 3.30% 4,974,609.72 5.45% 9,166.67 -44,409.72 AA+ 0.48 3135G0W66 FNMA 10/15/2024 2,000,000.00 02/06/2020 2,013,560.00 98.11 1,962,140.00 1.94% Aaa/AA+ 0.54
1.625% 1.47% 2,001,557.51 5.23% 14,986.11 -39,417.51 AA+ 0.60 3130A3GE8 FHLB 12/13/2024 2,000,000.00 01/30/2020 2,113,320.00 98.32 1,966,460.00 1.95% Aaa/AA+ 0.70
2.750% 1.54% 2,016,354.80 5.21% 16,500.00 -49,894.80 AA+ 0.76 3135G0X24 FNMA 01/07/2025 3,000,000.00 01/27/2020 3,003,150.00 97.36 2,920,800.00 2.90% Aaa/AA+ 0.77
1.625% 1.60% 3,000,488.43 5.18% 11,375.00 -79,688.43 AA+ 0.83 3134GW6C5 FHLMC 10/28/2026 5,000,000.00 02/10/2023 4,401,050.00 91.03 4,551,350.00 4.44% Aaa/AA+ 2.58
0.800% 04/28/2024 4.32% 4,585,032.40 4.53% 17,000.00 -33,682.40 AA+ 2.56 3130AQEC3 FHLB 12/30/2026 2,000,000.00 12/30/2021 2,000,000.00 91.19 1,823,760.00 1.94% Aaa/AA+ 2.75
1.370% 06/30/2024 1.37% 2,000,000.00 4.83% 6,926.11 -176,240.00 AA+ 2.70 3130AQLX9 FHLB 01/27/2027 10,000,000.00 01/27/2022 10,000,000.00 94.29 9,428,500.00 9.68% Aaa/AA+ 2.83
1.500% 07/27/2024 1.50% 10,000,000.00 3.65% 26,666.67 -571,500.00 AA+ 2.57 3134GXTS3 FHLMC 05/25/2027 5,000,000.00 05/25/2022 5,000,000.00 99.20 4,960,200.00 4.84% Aaa/AA+ 3.15
3.500% 05/25/2024 3.50% 5,000,000.00 3.77% 61,250.00 -39,800.00 AA+ 1.68 3134GXR48 FHLMC 08/25/2027 5,000,000.00 08/25/2022 5,000,000.00 99.50 4,975,200.00 4.84% Aaa/AA+ 3.40
3.950% 08/25/2024 3.95% 5,000,000.00 4.11% 19,750.00 -24,800.00 AA+ 1.67 3133EPAV7 FFCB 02/14/2028 5,000,000.00 02/14/2023 4,984,750.00 98.23 4,911,650.00 4.83% Aaa/AA+ 3.88
3.875% 3.94% 4,988,198.19 4.38% 25,295.14 -76,548.19 AA+ 3.60 47,905,686.08 46,884,955.00 46.52% 2.20
Total U.S. Agencies 48,500,000.00 2.70% 48,066,986.30 4.47% 226,875.98 -1,182,031.29 1.81 U.S. Treasuries
912797GZ4 U.S. Treasury 04/04/2024 5,000,000.00 02/23/2024 4,969,928.20 99.96 4,997,850.00 4.84% P-1/A-1+ 0.01
0.000% 5.40% 4,997,066.17 3.94% 0.00 783.83 F1+ 0.10
912828YV6 U.S. Treasury 11/30/2024 2,000,000.00 08/09/2021 2,069,609.38 97.58 1,951,620.00 1.95% Aaa/AA+ 0.67
1.500% 0.44% 2,014,048.54 5.24% 10,081.97 -62,428.54 AA+ 0.73 91282CEY3 U.S. Treasury 07/15/2025 5,000,000.00 05/30/2023 4,872,070.30 97.66 4,882,800.00 4.76% Aaa/AA+ 1.29
3.000% 4.27% 4,922,451.88 4.89% 31,730.77 -39,651.88 AA+ 1.32 Run Date: 4/9/2024 - 4:43 PM
Amortizing
17 Holdings Report
City of Redondo Beach March 31, 2024
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
91282CAB7 U.S. Treasury 07/31/2025 2,000,000.00 08/09/2021 1,974,609.38 94.08 1,881,560.00 1.93% Aaa/AA+ 1.33
0.250% 0.57% 1,991,484.00 4.89% 837.91 -109,924.00 AA+ 1.38 91282CAJ0 U.S. Treasury 08/31/2025 2,000,000.00 06/28/2021 1,958,437.50 93.76 1,875,160.00 1.92% Aaa/AA+ 1.42
0.250% 0.76% 1,985,882.38 4.87% 434.78 -110,722.38 AA+ 1.46 91282CFK2 U.S. Treasury 09/15/2025 5,000,000.00 02/10/2023 4,908,007.80 98.13 4,906,650.00 4.79% Aaa/AA+ 1.46
3.500% 4.26% 4,948,278.65 4.84% 8,084.24 -41,628.65 AA+ 1.45 91282CAT8 U.S. Treasury 10/31/2025 2,000,000.00 02/03/2021 1,985,156.26 93.15 1,862,960.00 1.93% Aaa/AA+ 1.59
0.250% 0.41% 1,995,034.94 4.80% 2,101.65 -132,074.94 AA+ 1.62 91282CAT8 U.S. Treasury 10/31/2025 2,000,000.00 02/17/2021 1,976,953.14 93.15 1,862,960.00 1.93% Aaa/AA+ 1.59
0.250% 0.50% 1,992,228.22 4.80% 2,101.65 -129,268.22 AA+ 1.62 91282CAZ4 U.S. Treasury 11/30/2025 1,000,000.00 02/23/2021 991,250.00 93.04 930,350.00 0.96% Aaa/AA+ 1.67
0.375% 0.56% 996,939.26 4.77% 1,260.25 -66,589.26 AA+ 1.70 91282CAZ4 U.S. Treasury 11/30/2025 2,000,000.00 06/28/2021 1,962,734.38 93.04 1,860,700.00 1.92% Aaa/AA+ 1.67
0.375% 0.80% 1,985,956.21 4.77% 2,520.49 -125,256.21 AA+ 1.70 91282CCF6 U.S. Treasury 05/31/2026 1,000,000.00 06/28/2021 993,437.50 92.13 921,290.00 0.97% Aaa/AA+ 2.17
0.750% 0.89% 997,112.94 4.61% 2,520.49 -75,822.94 AA+ 2.17 91282CCP4 U.S. Treasury 07/31/2026 2,000,000.00 08/09/2021 1,990,625.00 91.39 1,827,820.00 1.93% Aaa/AA+ 2.33
0.625% 0.72% 1,995,604.02 4.55% 2,094.78 -167,784.02 AA+ 2.34 91282CCW9 U.S. Treasury 08/31/2026 3,000,000.00 09/27/2021 2,978,085.93 91.41 2,742,300.00 2.89% Aaa/AA+ 2.42
0.750% 0.90% 2,989,243.96 4.54% 1,956.52 -246,943.96 AA+ 2.42 33,630,904.77 32,504,020.00 32.72% 1.35
Total U.S. Treasuries 34,000,000.00 2.41% 33,811,331.16 4.68% 65,725.50 -1,307,311.17 1.39 102,884,751.92 100,797,024.79 100.00% 1.54
TOTAL PORTFOLIO 104,075,531.15 3.07% 103,322,414.50 4.68% 373,062.25 -2,525,389.71 1.36 TOTAL MARKET VALUE PLUS ACCRUED INTEREST 101,170,087.04 Run Date: 4/9/2024 - 4:43 PM
Amortizing
18 Maturity Report
City of Redondo Beach March 31, 2024
CUSIP Date
Purchase
Value
Book
Rate
Coupon
Date
Maturity
Par
Remaining
Term Value
Market
Issuer YTM
Days to
Maturity
Book
FUZXX First American Tsy FUZXX 15,881,678.00 5.183% 04/01/2024 15,881,678.00 1 15,881,678.00 5.18% 1 9819716 LAIF 01/12/2023 101,853.15 4.250% 04/01/2024 101,853.15 1 101,853.15 4.25% 1 912797GZ4 U.S. Treasury 02/23/2024 4,997,066.17 0.000% 04/04/2024 5,000,000.00 37 4,997,850.00 5.40% 4 61760AZZ5 Morgan Stanley Private Bank 05/09/2019 248,000.00 2.650% 05/09/2024 248,000.00 1,788 247,206.40 2.65% 39 20033AW51 Comenity Capital Bank 05/15/2019 248,000.00 2.750% 05/15/2024 248,000.00 1,782 247,146.88 2.75% 45 3133EKNX0 FFCB 06/05/2019 1,500,401.38 2.160% 06/03/2024 1,500,000.00 1,761 1,492,005.00 2.00% 64 61690UHB9 Morgan Stanley Bank 06/07/2019 247,978.80 2.700% 06/06/2024 248,000.00 1,759 246,695.52 2.75% 67 3133EKWV4 FFCB 08/07/2019 1,000,650.53 1.850% 07/26/2024 1,000,000.00 1,698 989,470.00 1.64% 117 3133EKA63 FFCB 08/16/2019 1,999,693.33 1.600% 08/16/2024 2,000,000.00 1,689 1,973,220.00 1.64% 138 3130AQZ48 FHLB 08/08/2022 4,974,609.72 2.000% 08/28/2024 5,000,000.00 601 4,930,200.00 3.30% 150 3135G0W66 FNMA 02/06/2020 2,001,557.51 1.625% 10/15/2024 2,000,000.00 1,515 1,962,140.00 1.47% 198 949763L95 Wells Fargo Bank NA 10/18/2019 247,935.35 2.050% 10/17/2024 248,000.00 1,626 243,617.84 2.10% 200 912828YV6 U.S. Treasury 08/09/2021 2,014,048.54 1.500% 11/30/2024 2,000,000.00 965 1,951,620.00 0.44% 244 3130A3GE8 FHLB 01/30/2020 2,016,354.80 2.750% 12/13/2024 2,000,000.00 1,522 1,966,460.00 1.54% 257 3135G0X24 FNMA 01/27/2020 3,000,488.43 1.625% 01/07/2025 3,000,000.00 1,525 2,920,800.00 1.60% 282 637639AB1 National Securities Clearing 10/06/2022 1,936,388.88 1.500% 04/23/2025 2,000,000.00 542 1,926,640.00 4.72% 388 91282CEY3 U.S. Treasury 05/30/2023 4,922,451.88 3.000% 07/15/2025 5,000,000.00 306 4,882,800.00 4.27% 471 91282CAB7 U.S. Treasury 08/09/2021 1,991,484.00 0.250% 07/31/2025 2,000,000.00 965 1,881,560.00 0.57% 487 91282CAJ0 U.S. Treasury 06/28/2021 1,985,882.38 0.250% 08/31/2025 2,000,000.00 1,007 1,875,160.00 0.76% 518 91282CFK2 U.S. Treasury 02/10/2023 4,948,278.65 3.500% 09/15/2025 5,000,000.00 415 4,906,650.00 4.26% 533 91282CAT8 U.S. Treasury 02/03/2021 1,992,228.22 0.250% 10/31/2025 2,000,000.00 1,152 1,862,960.00 0.50% 579 91282CAT8 U.S. Treasury 02/03/2021 1,995,034.94 0.250% 10/31/2025 2,000,000.00 1,152 1,862,960.00 0.41% 579 91282CAZ4 U.S. Treasury 02/23/2021 1,985,956.21 0.375% 11/30/2025 2,000,000.00 1,132 1,860,700.00 0.80% 609 91282CAZ4 U.S. Treasury 02/23/2021 996,939.26 0.375% 11/30/2025 1,000,000.00 1,132 930,350.00 0.56% 609 91324PCV2 UnitedHealth Group Inc 01/31/2024 2,532,262.86 3.100% 03/15/2026 2,600,000.00 60 2,513,212.00 4.51% 714 91282CCF6 U.S. Treasury 06/28/2021 997,112.94 0.750% 05/31/2026 1,000,000.00 1,007 921,290.00 0.89% 791 91282CCP4 U.S. Treasury 08/09/2021 1,995,604.02 0.625% 07/31/2026 2,000,000.00 965 1,827,820.00 0.72% 852 91282CCW9 U.S. Treasury 09/27/2021 2,989,243.96 0.750% 08/31/2026 3,000,000.00 916 2,742,300.00 0.90% 883 3134GW6C5 FHLMC 02/10/2023 4,585,032.40 0.800% 10/28/2026 5,000,000.00 415 4,551,350.00 4.32% 941 3130AQEC3 FHLB 12/30/2021 2,000,000.00 1.370% 12/30/2026 2,000,000.00 822 1,823,760.00 1.37% 1,004 3130AQLX9 FHLB 01/27/2022 10,000,000.00 1.500% 01/27/2027 10,000,000.00 794 9,428,500.00 1.50% 1,032 3134GXTS3 FHLMC 05/25/2022 5,000,000.00 3.500% 05/25/2027 5,000,000.00 676 4,960,200.00 3.50% 1,150 3134GXR48 FHLMC 08/25/2022 5,000,000.00 3.950% 08/25/2027 5,000,000.00 584 4,975,200.00 3.95% 1,242 3133EPAV7 FFCB 02/14/2023 4,988,198.19 3.875% 02/14/2028 5,000,000.00 411 4,911,650.00 3.94% 1,415 Net Maturities and Averages 103,322,414.50 104,075,531.15 100,797,024.79 3.07% 562 Run Date: 4/9/2024 - 4:43 PM
Amortizing
19 Summary by Issuer
City of Redondo Beach March 31, 2024
Issuer Investments
Number of Par
Value
Book
Value
% of
Portfolio YTM Maturity
Book Days to
U.S. Treasury 13 34,000,000.00 33,811,331.16 32.72 2.41 494 FHLB 4 19,000,000.00 18,990,964.52 18.38 1.96 716
First American Tsy FUZXX 1 15,881,678.00 15,881,678.00 15.37 5.18 1 FHLMC 3 15,000,000.00 14,585,032.40 14.12 3.91 1,116
FFCB 4 9,500,000.00 9,488,943.44 9.18 2.91 795
FNMA 2 5,000,000.00 5,002,045.94 4.84 1.55 248
UnitedHealth 1 2,600,000.00 2,532,262.86 2.45 4.51 714
National Securities Clearing 1 2,000,000.00 1,936,388.88 1.87 4.72 388 Morgan Stanley Bank 1 248,000.00 247,978.80 0.24 2.75 67 Morgan Stanley Private Bank 1 248,000.00 248,000.00 0.24 2.65 39 Comenity Capital Bank 1 248,000.00 248,000.00 0.24 2.75 45 Wells Fargo 1 248,000.00 247,935.35 0.24 2.10 200
LAIF 1 101,853.15 101,853.15 0.10 4.25 1
Total and Average 34 104,075,531.15 103,322,414.50 100.00% 3.07 562 Run Date: 4/9/2024 - 4:44 PM
Amortizing
20 Income Earned Summary
City of Redondo Beach March 31, 2024
March 31 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
199,116.55 1,952,064.24
373,062.25 373,062.25
-373,646.69 -634,660.15
198,532.11 1,690,466.34
58,471.80 332,583.96
0.00 0.00
257,003.91 2,023,050.30
Run Date: 4/9/2024 - 4:44 PM
Amortizing
21 Income Earned
City of Redondo Beach March 01, 2024 - March 31, 2024
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 2,034.62 0.00 2,592.79 558.17 0.00 558.17 20033AW51 Comenity Capital Bank 05/15/2024 248,000.00 248,000.00 248,000.00 280.27 541.86 317.64 579.23 0.00 579.23 61690UHB9 Morgan Stanley Bank 06/06/2024 248,000.00 247,968.99 247,978.80 1,577.69 0.00 2,146.39 568.70 9.81 578.51 949763L95 Wells Fargo Bank NA 10/17/2024 248,000.00 247,925.33 247,935.35 181.07 403.93 208.93 431.79 10.02 441.81 Certificates of Deposit - Sub Total 992,000.00 991,894.32 991,914.15 4,073.65 945.79 5,265.75 2,137.89 19.83 2,157.72 Corporate Bonds
892331AL3 Toyota Motor 03/25/2024 0.00 1,000,000.00 0.00 2,951.00 3,405.00 0.00 454.00 0.00 454.00 637639AB1 National Securities Clearing 04/23/2025 2,000,000.00 1,931,060.20 1,936,388.88 10,666.67 0.00 13,166.67 2,500.00 5,328.68 7,828.68 91324PCV2 UnitedHealth Group Inc 03/15/2026 2,600,000.00 2,529,284.35 2,532,262.86 37,165.56 40,300.00 3,582.22 6,716.66 2,978.51 9,695.17 Corporate Bonds - Sub Total 4,600,000.00 5,460,344.55 4,468,651.74 50,783.23 43,705.00 16,748.89 9,670.66 8,307.19 17,977.85 LAIF
9819716 LAIF 04/01/2024 101,853.15 101,853.15 101,853.15 0.00 0.00 0.00 0.00 0.00 0.00 LAIF - Sub Total 101,853.15 101,853.15 101,853.15 0.00 0.00 0.00 0.00 0.00 0.00 Money Market Funds
FUZXX First American Tsy FUZXX 04/01/2024 15,881,678.00 12,682,561.45 15,881,678.00 66,965.76 66,965.76 58,446.13 58,446.13 0.00 58,446.13 Money Market Funds - Sub Total 15,881,678.00 12,682,561.45 15,881,678.00 66,965.76 66,965.76 58,446.13 58,446.13 0.00 58,446.13 U.S. Agencies
3133EKNX0 FFCB 06/03/2024 1,500,000.00 1,500,608.54 1,500,401.38 7,920.00 0.00 10,620.00 2,700.00 -207.16 2,492.84 3133EKWV4 FFCB 07/26/2024 1,000,000.00 1,000,831.55 1,000,650.53 1,798.61 0.00 3,340.28 1,541.67 -181.02 1,360.65 3133EKA63 FFCB 08/16/2024 2,000,000.00 1,999,620.64 1,999,693.33 1,333.33 0.00 4,000.00 2,666.67 72.69 2,739.36 3130AQZ48 FHLB 08/28/2024 5,000,000.00 4,969,082.59 4,974,609.72 833.33 0.00 9,166.67 8,333.34 5,527.14 13,860.48 3135G0W66 FNMA 10/15/2024 2,000,000.00 2,001,814.42 2,001,557.51 12,277.78 0.00 14,986.11 2,708.33 -256.91 2,451.42 3130A3GE8 FHLB 12/13/2024 2,000,000.00 2,018,358.75 2,016,354.80 11,916.67 0.00 16,500.00 4,583.33 -2,003.95 2,579.38 3135G0X24 FNMA 01/07/2025 3,000,000.00 3,000,545.06 3,000,488.43 7,312.50 0.00 11,375.00 4,062.50 -56.63 4,005.87 3134GW6C5 FHLMC 10/28/2026 5,000,000.00 4,570,707.74 4,585,032.40 13,666.67 0.00 17,000.00 3,333.33 14,324.66 17,657.99 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 3130AQLX9 FHLB 01/27/2027 10,000,000.00 10,000,000.00 10,000,000.00 14,166.67 0.00 26,666.67 12,500.00 0.00 12,500.00 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 Run Date: 4/9/2024 - 4:44 PM
Amortizing
22 Income Earned
City of Redondo Beach March 01, 2024 - March 31, 2024
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
3133EPAV7 FFCB 02/14/2028 5,000,000.00 4,987,927.08 4,988,198.19 9,149.31 0.00 25,295.14 16,145.83 271.11 16,416.94 U.S. Agencies - Sub Total 48,500,000.00 48,049,496.36 48,066,986.30 134,975.99 0.00 226,875.98 91,899.99 17,489.93 109,389.92 U.S. Treasuries
912797GZ4 U.S. Treasury 04/04/2024 5,000,000.00 4,974,328.96 4,997,066.17 0.00 0.00 0.00 0.00 22,737.21 22,737.21 912828YV6 U.S. Treasury 11/30/2024 2,000,000.00 2,015,833.40 2,014,048.54 7,540.98 0.00 10,081.97 2,540.99 -1,784.86 756.13 91282CEY3 U.S. Treasury 07/15/2025 5,000,000.00 4,917,347.86 4,922,451.88 18,956.04 0.00 31,730.77 12,774.73 5,104.02 17,878.75 91282CAB7 U.S. Treasury 07/31/2025 2,000,000.00 1,990,941.91 1,991,484.00 412.09 0.00 837.91 425.82 542.09 967.91 91282CAJ0 U.S. Treasury 08/31/2025 2,000,000.00 1,985,037.50 1,985,882.38 13.59 0.00 434.78 421.19 844.88 1,266.07 91282CFK2 U.S. Treasury 09/15/2025 5,000,000.00 4,945,270.46 4,948,278.65 80,769.23 87,500.00 8,084.24 14,815.01 3,008.18 17,823.19 91282CAT8 U.S. Treasury 10/31/2025 4,000,000.00 3,986,581.22 3,987,263.16 3,351.65 0.00 4,203.30 851.65 681.94 1,533.59 91282CAZ4 U.S. Treasury 11/30/2025 3,000,000.00 2,982,024.80 2,982,895.47 2,827.87 0.00 3,780.74 952.87 870.67 1,823.54 91282CCF6 U.S. Treasury 05/31/2026 1,000,000.00 996,999.79 997,112.94 1,885.25 0.00 2,520.49 635.24 113.15 748.39 91282CCP4 U.S. Treasury 07/31/2026 2,000,000.00 1,995,444.07 1,995,604.02 1,030.22 0.00 2,094.78 1,064.56 159.95 1,224.51 91282CCW9 U.S. Treasury 08/31/2026 3,000,000.00 2,988,866.34 2,989,243.96 61.14 0.00 1,956.52 1,895.38 377.62 2,273.00 U.S. Treasuries - Sub Total 34,000,000.00 33,778,676.32 33,811,331.16 116,848.06 87,500.00 65,725.50 36,377.44 32,654.84 69,032.28 Grand Total 104,075,531.15 101,064,826.15 103,322,414.50 373,646.69 199,116.55 373,062.25 198,532.11 58,471.80 257,003.91 Run Date: 4/9/2024 - 4:44 PM
Amortizing
23 Realized Gains and Losses
City of Redondo Beach March 01, 2024 - March 31, 2024
CUSIP Par Value Sale Date Days Held Maturity/Sales Realized Issuer Purchase Date Coupon Rate Maturity Date Term Book Value Proceeds Gain/Loss Corporate Bonds
892331AL3 03/25/2021 1,000,000.00 03/25/2024 1,096 1,000,000.00 1,000,000.00 0.00 Toyota Motor 0.681% 03/25/2024 1,096
Total Corporate Bonds 1,000,000.00 1,000,000.00 0.00
Grand Total 1,000,000.00 1,000,000.00 0.00
Run Date: 4/9/2024 - 4:45 PM
Amortizing
24 Transaction Report
City of Redondo Beach March 01, 2024 - March 31, 2024
Transaction Transaction Security Security Maturity
Date Type ID Description Date Purchases Redemptions Interest Deposits Withdrawals 03/04/2024 Interest FUZXX First American Tsy MMF - - 66,965.76 - - 03/15/2024 Interest 20033AW51 ADS 2 3/4 05/15/24 05/15/2024 - - 541.86 - - 03/15/2024 Interest 91324PCV2 UNH 3.1 03/15/26 03/15/2026 - - 40,300.00 - - 03/15/2024 Interest 91282CFK2 T 3 1/2 09/15/25 09/15/2025 - - 87,500.00 - - 03/18/2024 Interest 949763L95 WFC 2.05 10/17/24 10/17/2024 - - 403.93 - - 03/25/2024 Maturity 892331AL3 TOYOTA 0.681 03/25/24 03/25/2024 - 1,000,000.00 - - - 03/25/2024 Interest 892331AL3 TOYOTA 0.681 03/25/24 03/25/2024 - - 3,405.00 - - 03/28/2024 Deposit - - - 2,000,000.00 -
Grand Total: 0.00 1,000,000.00 199,116.55 2,000,000.00 0.00 Run Date: 4/9/2024 - 4:45 PM
Amortizing
25 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 25,883,187.00
City of Redondo Beach 3/31/2024
Bank of America Accounts & LAIF Accounts
Total
11,755,717.33
7,614.40
LAIF
-
5,389.83
-
6,394.53
3,063,875.97
3,161,009.35
4,446,007.01
1,494,498.06
1,736,775.40
109,441.80
7,614.40
4,260,340.68
101,853.15 101,853.15
1,494,498.06
1,736,775.40
109,441.80
1,945,797.93
185,666.33
Checking
11,755,717.33
1,004.70
3,063,875.97
1,215,211.42
26 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 3/31/2024
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
4.3%
27 Disclosure
Discolure
Custom Benchmark: 30 Month Moving Average of the ICE BofA 0-5Yr Treasury Index Meeder Public Funds, Inc., is a registered investment adviser with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Registration with the SEC does not imply a certain level of skill or training. The opinions expressed in this presentation are those of Meeder Public Funds, Inc. The material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed.
Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio. The information should not be used for audit or confirmation purposes. Please review your custodial statements and report any inaccuracies or discrepancies.
Certain information and data have been supplied by unaffiliated third parties. Although Meeder believes the information is reliable, it cannot warrant the accuracy of information offered by third parties. Market value may reflect prices received from pricing vendors when current market quotations are not available. Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold.
Statements may include positions from unmanaged accounts provided for reporting purposes. Unmanaged accounts are managed directly by the client and are not included in the accounts managed by the investment adviser. This information is provided as a client convenience and the investment adviser assumes no responsibility for performance of these accounts or the accuracy of the data reported.
Investing involves risk. Past performance is no guarantee of future results. Debt and fixed income securities are subject to credit and interest rate risk. The investment return and principal value of an investment will fluctuate so that an investors shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.
Investment advisory services are provided through Meeder Public Funds, Inc. Please contact us if you would like to receive a copy of our current ADV disclosure brochure or privacy policy.
Source: ICE Data Indices, LLC ("ICE"), is used with permission. ICE, ITS AFFILIATES AND THEIR RESPECTIVE THIRD PARTY SUPPLIERS DISCLAIM ANY AND ALL WARRANTIES AND
REPRESENTATIONS, EXPRESS AND/OR IMPLIED, INCLUDING ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE, INCLUDING THE INDICES, INDEX DATA AND ANY DATA INCLUDED IN, RELATED TO, OR DERIVED THEREFROM. NEITHER ICE DATA, ITS AFFILIATES OR THEIR RESPECTIVE THIRD PARTY PROVIDERS
SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY WITH RESPECT TO THE QUALITY, ADEQUACY, ACCURACY, TIMELINESS OR COMPLETENESS OF THE INDICES OR THE INDEX DATA OR ANY COMPONENT THEREOF, AND THE INDICES AND INDEX DATA AND ALL COMPONENTS THEREOF ARE PROVIDED ON AN "AS IS" BASIS AND SUBSCRIBER'S USE IS AT SUBSCRIBER'S OWN RISK. ICE DATA, ITS AFFILIATES AND THEIR RESPECTIVE THIRD PARTY DO NOT SPONSOR, ENDORSE, OR RECOMMEND MEEDER PUBLIC FUNDS, INC., OR ANY OF ITS PRODUCTS OR SERVICES.
Run Date: 4/9/2024 - 4:45 PM
Amortizing
28