Monthly Investment Report
City of Redondo Beach
June 2024
10655 Park Run Drive, Suite 120 | Las Vegas, NV 89144 | Phone 702.575.6600 | www.meederpublicfunds.com Run Date: 7/3/2024 - 11:03 AM
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Portfolio Summary
City of Redondo Beach 6/30/2024
SECTOR ALLOCATION MATURITY DISTRIBUTION CREDIT QUALITY (MOODY'S)
ACCOUNT SUMMARY MONTH-END PORTFOLIO BOOK YIELD TOP ISSUERS 6/30/24 5/31/24 Issuer % Portfolio
Market Value $105,058,799 $98,656,576 U.S. Treasury 31.5% Book Value $107,360,638 $101,187,829 FHLB 17.7%
Variance -$2,301,839 -$2,531,253 First American Tsy FUZXX 17.0% FHLMC 13.6%
Par Value $108,153,869 $101,944,685 FFCB 7.4%
FNMA 4.7%
Net Asset Value $97.86 $97.50 UnitedHealth 2.4%
Toyota 1.9%
Book Yield 3.22% 3.05% National Securities Clearing 1.8% John Deere 1.8%
Market Yield 4.89% 4.85% Wells Fargo 0.2%
LAIF 0.1%
Years to Maturity 1.39 1.51
Effective Duration 1.17 1.28
Jul-23
Aug-23
Sep-23
Oct-23
Nov-23
Dec-23
Jan-24
Feb-24
Mar-24
Apr-24
May-24
Jun-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%
0.2%
7.8%
17.0%
31.5%
43.4%
LAIF
CD
CORP
MMF
TSY
AGY
0% 25% 50% 75% 100%
39.5%
24.5% 26.7%
9.3%
0-1Y 1-2Y 2-3Y 3-4Y 4-5Y+
0%
10%
20%
30%
40%
50%
60%
70%
0.3%
2.4%
3.6%
89.1%
4.6%
NR
A3
A2
A1
Aa3
Aa2
Aa1
Aaa
P-1
0% 25% 50% 75% 100%
2 Run Date: 7/3/2024 - 11:03 AM
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Investment Policy Compliance
City of Redondo Beach 6/30/2024
Category Book Value % of Portfolio % Allowed by Policy In Compliance Reserved row US Treasuries 33,785,898.60 31.47% 100% Yes
US Federal Agencies 46,615,560.54 43.42% 100% Yes
Supranational Obligations 0.00 0.00% 15% Yes
LAIF 102,941.43 0.10% 65,000,000 Yes
Commercial Paper 0.00 0.00% 25% Yes
Money Market Funds 18,202,927.12 16.95% 20% Yes
Negotiable Certificates of Deposit 247,964.77 0.23% 30% Yes Corporate Obligations 8,405,345.37 7.83% 30% Yes
Total 107,360,637.83 100.00%
Other Metrics Portfolio Metric In Compliance
Weighted Average Maturity 1.39 Less than 2.5 Years Yes
Liquidity 39.55% 25% Under 365 Days Yes
Ratings Yes
3 Run Date: 7/3/2024 - 11:03 AM
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Historical Book Values
City of Redondo Beach 6/30/2024
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 $98.9 $101.1 $102.7 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: 7/3/2024 - 11:03 AM
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Historical Book Values Per Fiscal Year
City of Redondo Beach 6/30/2024
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 $98.9 $101.1 $102.7 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: 7/3/2024 - 11:03 AM
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Historical Weighted Average Maturity
City of Redondo Beach 6/30/2024 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 1.56 1.51 1.39 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: 7/3/2024 - 11:03 AM
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Next Twelve Months Cash Flow
City of Redondo Beach 6/30/2024
Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Maturities $19.3 $7.0 $5.0 $2.2 $2.0 $2.0 $3.0 $0.0 $0.0 $2.0 $0.0 $0.0 1 Par Value in Millions; Assumes Securities Are Held To Maturity $19.3
$7.0
$5.0
$2.2 $2.0 $2.0
$3.0
$0.0 $0.0
$2.0
$0.0 $0.0
Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 $0
$5
$10
$15
$20
$25
$30
$35
$40
Millions
7 Run Date: 7/3/2024 - 11:03 AM
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Yield At Cost Per 6-Month Maturity Intervals
City of Redondo Beach 6/30/2024
Years Yield At Cost % of Portfolio
0 to .5 4.00% 34.94%
.5 to 1.0 2.83% 4.61%
1.0 to 1.5 2.34% 19.42%
1.5 to 2.0 4.07% 5.07%
2.0 to 2.5 2.51% 8.95%
2.5 to 3.0 2.50% 17.70%
3.0 to 3.5 3.95% 4.66%
3.5 to 4.0 3.94% 4.65%
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 3.22% 100.0%
4.00%
2.83%
2.34%
4.07%
2.51%
2.50%
3.95% 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: 7/3/2024 - 11:03 AM
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Historical Sector Allocation
City of Redondo Beach 6/30/2024
Sector Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 AGY 50.0% 53.4% 50.2% 54.0% 57.0% 47.8% 47.7% 47.5% 46.5% 47.6% 47.5% 43.4% TSY 30.9% 33.0% 32.9% 35.4% 32.8% 28.7% 28.6% 33.4% 32.7% 28.5% 33.4% 31.5% MMF 11.6% 5.6% 8.8% 6.3% 5.7% 19.5% 17.2% 12.5% 15.4% 16.3% 12.1% 17.0% CORP 6.5% 7.0% 6.9% 3.1% 3.3% 2.9% 5.4% 5.4% 4.3% 6.4% 6.4% 7.8% CD 0.9% 1.0% 1.0% 1.1% 1.1% 1.0% 1.0% 1.0% 1.0% 1.0% 0.5% 0.2% LAIF 0.1% 0.1% 0.1% 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% Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
50%
55%
60%
AGY
TSY
MMF
CORP
CD
LAIF
9 Run Date: 7/3/2024 - 11:03 AM
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Issuer Allocation
City of Redondo Beach 6/30/2024
0.1%
0.2%
1.8%
1.8%
1.9%
2.4%
4.7%
7.4%
13.6%
17.0%
17.7%
31.5%
LAIF
Wells Fargo
John Deere
National Securities Clearing
Toyota
UnitedHealth
FNMA
FFCB
FHLMC
First American Tsy FUZXX
FHLB
U.S. Treasury
0% 5% 10% 15% 20% 25% 30% 35%
10 Run Date: 7/3/2024 - 11:03 AM
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Historical Earnings & Book Return Performance
City of Redondo Beach 6/30/2024
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 $2,266.041 $2,522.154 $2,773.041 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% 2.73% 2.76% 2.78% 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: 7/3/2024 - 11:03 AM
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Historical Yield At Cost vs Benchmark
City of Redondo Beach 6/30/2024
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
Jun-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 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-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: 7/3/2024 - 11:03 AM
Amortizing Page 13
Total Return Performance
City of Redondo Beach 6/30/2024
*Index: ICE BofA 0-5Yr Treasury Index
**Inception: July 2012
1 Month 3 Month FYTD 1 Year 3 Year 5 Year Inception
Portfolio 0.435% 0.954% 5.065% 5.065% 0.849% 1.455% 1.421% Benchmark 0.634% 0.929% 4.447% 4.447% 0.341% 1.072% 1.128% Variance -0.199% 0.025% 0.617% 0.617% 0.508% 0.382% 0.293% 1 Month 3 Month FYTD 1 Year 3 Year 5 Year Inception**
0.000%
1.000%
2.000%
3.000%
4.000%
5.000%
6.000%
Portfolio
Benchmark
13 Run Date: 7/3/2024 - 11:03 AM
Amortizing Page 14
Investment Activity
City of Redondo Beach 6/30/2024
Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Positions 38 38 37 35 34 33 34 35 34 34 33 32
Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Purchases 0 0 0 0 0 0 1 1 0 1 1 1
Redemptions 3 0 1 2 1 1 0 0 1 1 2 2
Total 3 0 1 2 1 1 1 1 1 2 3 3
Number of Positions at Month End
Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 20 30
40 50
60 Positions
Purchases and Redemptions* (Excluding MMF/LGIP)
Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-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 June 30, 2024
Investments Par Value Book Value
% of
Portfolio Maturity YTM
Days to
Market Value
Book
Certificates of Deposit 248,000.00 245,520.00 247,964.77 0.23 109 2.10 Corporate Bonds 8,600,000.00 8,363,570.00 8,405,345.37 7.83 655 4.80 LAIF 102,941.43 102,941.43 102,941.43 0.10 1 4.33
Money Market Funds 18,202,927.12 18,202,927.12 18,202,927.12 16.95 1 5.17 U.S. Agencies 47,000,000.00 45,535,230.00 46,615,560.54 43.42 737 2.78 U.S. Treasuries 34,000,000.00 32,608,610.00 33,785,898.60 31.47 429 2.41 108,153,868.55 105,058,798.55 107,360,637.83 100.00 507 3.22 Investments
Total Earnings June 30 Month Ending Fiscal Year To Date Current Year 250,887.61 2,773,041.43
Average Daily Balance 102,714,506.05 99,633,753.45
Book Rate of Return 2.97% 2.78%
Run Date: 7/3/2024 - 11:06 AM
Amortizing
15 Holdings Report
City of Redondo Beach June 30, 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
949763L95 Wells Fargo Bank NA 10/17/2024 248,000.00 10/18/2019 247,409.76 99.00 245,520.00 0.23% NR/NR 0.30
2.050% 2.10% 247,964.77 5.46% 195.00 -2,444.77 NR 0.30
247,409.76 245,520.00 0.23% 0.30
Total Certificates of Deposit 248,000.00 2.10% 247,964.77 5.46% 195.00 -2,444.77 0.30 Corporate Bonds
637639AB1 National Securities Clearing 04/23/2025 2,000,000.00 10/06/2022 1,847,300.00 96.94 1,938,880.00 1.82% Aaa/AA+ 0.81
1.500% 4.72% 1,951,209.27 5.39% 5,666.67 -12,329.27 NR 0.79 91324PCV2 UnitedHealth Group Inc 03/15/2026 2,600,000.00 01/31/2024 2,526,498.00 96.71 2,514,330.00 2.37% A2/A+ 1.71
3.100% 4.51% 2,540,910.16 5.14% 23,732.22 -26,580.16 A 1.61 24422ETH2 John Deere 06/10/2026 2,000,000.00 06/12/2024 1,906,540.00 95.53 1,910,500.00 1.78% A1/A 1.95
2.650% 5.15% 1,908,883.01 5.10% 3,091.67 1,616.99 A+ 1.85 89236TLY9 Toyota Motor Credit 03/19/2027 2,000,000.00 04/05/2024 2,004,720.00 99.99 1,999,860.00 1.87% A1/A+ 2.72
5.000% 4.91% 2,004,342.93 5.00% 27,777.78 -4,482.93 A+ 2.47 8,285,058.00 8,363,570.00 7.83% 1.79
Total Corporate Bonds 8,600,000.00 4.80% 8,405,345.37 5.15% 60,268.34 -41,775.37 1.68 LAIF
9819716 LAIF 07/01/2024 102,941.43 04/15/2024 102,941.43 1.00 102,941.43 0.10% NR/NR 0.00
4.332% 4.33% 102,941.43 4.33% 0.00 0.00 NR 0.00
102,941.43 102,941.43 0.10% 0.00
Total LAIF 102,941.43 4.33% 102,941.43 4.33% 0.00 0.00 0.00 Money Market Funds
FUZXX First American Tsy FUZXX 07/01/2024 18,202,927.12 18,202,927.12 100.00 18,202,927.12 16.95% Aaa/AAA 0.00
5.168% 5.17% 18,202,927.12 5.17% 60,058.11 0.00 NR 0.00 18,202,927.12 18,202,927.12 16.95% 0.00
Total Money Market Funds 18,202,927.12 5.17% 18,202,927.12 5.17% 60,058.11 0.00 0.00 U.S. Agencies
3133EKWV4 FFCB 07/26/2024 1,000,000.00 08/07/2019 1,010,120.00 99.75 997,460.00 0.93% Aaa/AA+ 0.07
1.850% 1.64% 1,000,147.08 5.34% 7,965.28 -2,687.08 AA+ 0.07 Run Date: 7/3/2024 - 11:06 AM
Amortizing
16 Holdings Report
City of Redondo Beach June 30, 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
3133EKA63 FFCB 08/16/2024 2,000,000.00 08/16/2019 1,995,911.08 99.50 1,990,000.00 1.86% Aaa/AA+ 0.13
1.600% 1.64% 1,999,895.51 5.51% 12,000.00 -9,895.51 AA+ 0.12 3130AQZ48 FHLB 08/28/2024 5,000,000.00 08/08/2022 4,872,185.00 99.41 4,970,500.00 4.65% Aaa/AA+ 0.16
2.000% 07/28/2024 3.30% 4,989,982.07 5.66% 34,166.67 -19,482.07 AA+ 0.15 3135G0W66 FNMA 10/15/2024 2,000,000.00 02/06/2020 2,013,560.00 98.97 1,979,380.00 1.86% Aaa/AA+ 0.29
1.625% 1.47% 2,000,842.98 5.20% 6,861.11 -21,462.98 AA+ 0.28 3130A3GE8 FHLB 12/13/2024 2,000,000.00 01/30/2020 2,113,320.00 98.82 1,976,320.00 1.87% Aaa/AA+ 0.45
2.750% 1.54% 2,010,536.89 5.42% 2,750.00 -34,216.89 AA+ 0.44 3135G0X24 FNMA 01/07/2025 3,000,000.00 01/27/2020 3,003,150.00 98.13 2,944,020.00 2.79% Aaa/AA+ 0.52
1.625% 1.60% 3,000,330.93 5.31% 23,562.50 -56,310.93 AA+ 0.50 3134GW6C5 FHLMC 10/28/2026 5,000,000.00 02/10/2023 4,401,050.00 91.17 4,558,250.00 4.31% Aaa/AA+ 2.33
0.800% 07/28/2024 4.32% 4,624,872.87 4.86% 7,000.00 -66,622.87 AA+ 2.24 3130AQEC3 FHLB 12/30/2026 2,000,000.00 12/30/2021 2,000,000.00 91.99 1,839,700.00 1.86% Aaa/AA+ 2.50
1.370% 09/30/2024 1.37% 2,000,000.00 4.81% 76.11 -160,300.00 AA+ 2.40 3130AQLX9 FHLB 01/27/2027 10,000,000.00 01/27/2022 10,000,000.00 94.47 9,447,100.00 9.31% Aaa/AA+ 2.58
1.500% 07/27/2024 1.50% 10,000,000.00 3.77% 64,166.67 -552,900.00 AA+ 2.31 3134GXTS3 FHLMC 05/25/2027 5,000,000.00 05/25/2022 5,000,000.00 99.15 4,957,650.00 4.66% Aaa/AA+ 2.90
4.000% 11/25/2024 4.00% 5,000,000.00 4.31% 20,000.00 -42,350.00 AA+ 1.38 3134GXR48 FHLMC 08/25/2027 5,000,000.00 08/25/2022 5,000,000.00 99.56 4,978,050.00 4.66% Aaa/AA+ 3.15
3.950% 08/25/2024 3.95% 5,000,000.00 4.10% 69,125.00 -21,950.00 AA+ 1.58 3133EPAV7 FFCB 02/14/2028 5,000,000.00 02/14/2023 4,984,750.00 97.94 4,896,800.00 4.65% Aaa/AA+ 3.63
3.875% 3.94% 4,988,952.22 4.50% 73,732.64 -92,152.22 AA+ 3.27 46,394,046.08 45,535,230.00 43.42% 2.02
Total U.S. Agencies 47,000,000.00 2.78% 46,615,560.54 4.64% 321,405.98 -1,080,330.55 1.58 U.S. Treasuries
912797LH8 U.S. Treasury 09/17/2024 5,000,000.00 05/24/2024 4,915,647.05 98.87 4,943,500.00 4.60% P-1/A-1+ 0.22
0.000% 5.40% 4,942,520.56 5.30% 0.00 979.44 F1+ 0.22
912828YV6 U.S. Treasury 11/30/2024 2,000,000.00 08/09/2021 2,069,609.38 98.43 1,968,640.00 1.87% Aaa/AA+ 0.42
1.500% 0.44% 2,008,809.13 5.33% 2,540.98 -40,169.13 AA+ 0.41 91282CEY3 U.S. Treasury 07/15/2025 5,000,000.00 05/30/2023 4,872,070.30 97.90 4,894,950.00 4.60% Aaa/AA+ 1.04
3.000% 4.27% 4,937,434.64 5.10% 69,230.77 -42,484.64 AA+ 0.99 91282CAB7 U.S. Treasury 07/31/2025 2,000,000.00 08/09/2021 1,974,609.38 94.97 1,899,300.00 1.86% Aaa/AA+ 1.08
0.250% 0.57% 1,993,075.29 5.08% 2,087.91 -93,775.29 AA+ 1.05 91282CAJ0 U.S. Treasury 08/31/2025 2,000,000.00 06/28/2021 1,958,437.50 94.61 1,892,260.00 1.85% Aaa/AA+ 1.17
0.250% 0.76% 1,988,362.50 5.06% 1,671.20 -96,102.50 AA+ 1.13 Run Date: 7/3/2024 - 11:06 AM
Amortizing
17 Holdings Report
City of Redondo Beach June 30, 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
91282CFK2 U.S. Treasury 09/15/2025 5,000,000.00 02/10/2023 4,908,007.80 98.20 4,909,950.00 4.62% Aaa/AA+ 1.21
3.500% 4.26% 4,957,109.12 5.05% 51,358.70 -47,159.12 AA+ 1.15 91282CAT8 U.S. Treasury 10/31/2025 2,000,000.00 02/03/2021 1,985,156.26 93.98 1,879,620.00 1.86% Aaa/AA+ 1.34
0.250% 0.41% 1,995,815.28 4.97% 842.39 -116,195.28 AA+ 1.30 91282CAT8 U.S. Treasury 10/31/2025 2,000,000.00 02/17/2021 1,976,953.14 93.98 1,879,620.00 1.86% Aaa/AA+ 1.34
0.250% 0.50% 1,993,449.70 4.97% 842.39 -113,829.70 AA+ 1.30 91282CAZ4 U.S. Treasury 11/30/2025 1,000,000.00 02/23/2021 991,250.00 93.82 938,160.00 0.93% Aaa/AA+ 1.42
0.375% 0.56% 997,396.61 4.94% 317.62 -59,236.61 AA+ 1.38 91282CAZ4 U.S. Treasury 11/30/2025 2,000,000.00 06/28/2021 1,962,734.38 93.82 1,876,320.00 1.85% Aaa/AA+ 1.42
0.375% 0.80% 1,988,054.71 4.94% 635.25 -111,734.71 AA+ 1.38 91282CCF6 U.S. Treasury 05/31/2026 1,000,000.00 06/28/2021 993,437.50 92.74 927,380.00 0.93% Aaa/AA+ 1.92
0.750% 0.89% 997,445.08 4.76% 635.25 -70,065.08 AA+ 1.85 91282CCP4 U.S. Treasury 07/31/2026 2,000,000.00 08/09/2021 1,990,625.00 91.99 1,839,840.00 1.86% Aaa/AA+ 2.08
0.625% 0.72% 1,996,073.54 4.70% 5,219.78 -156,233.54 AA+ 2.01 91282CCW9 U.S. Treasury 08/31/2026 3,000,000.00 09/27/2021 2,978,085.93 91.97 2,759,070.00 2.79% Aaa/AA+ 2.17
0.750% 0.90% 2,990,352.45 4.69% 7,520.38 -231,282.45 AA+ 2.09 33,576,623.62 32,608,610.00 31.47% 1.17
Total U.S. Treasuries 34,000,000.00 2.41% 33,785,898.60 5.03% 142,902.62 -1,177,288.61 1.13 106,809,006.01 105,058,798.55 100.00% 1.39
TOTAL PORTFOLIO 108,153,868.55 3.22% 107,360,637.83 4.89% 584,830.05 -2,301,839.30 1.17 TOTAL MARKET VALUE PLUS ACCRUED INTEREST 105,643,628.60 Run Date: 7/3/2024 - 11:06 AM
Amortizing
18 Maturity Report
City of Redondo Beach June 30, 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 18,202,927.12 5.168% 07/01/2024 18,202,927.12 1 18,202,927.12 5.17% 1 9819716 LAIF 01/12/2023 102,941.43 4.332% 07/01/2024 102,941.43 1 102,941.43 4.33% 1 3133EKWV4 FFCB 08/07/2019 1,000,147.08 1.850% 07/26/2024 1,000,000.00 1,789 997,460.00 1.64% 26 3133EKA63 FFCB 08/16/2019 1,999,895.51 1.600% 08/16/2024 2,000,000.00 1,780 1,990,000.00 1.64% 47 3130AQZ48 FHLB 08/08/2022 4,989,982.07 2.000% 08/28/2024 5,000,000.00 692 4,970,500.00 3.30% 59 912797LH8 U.S. Treasury 05/24/2024 4,942,520.56 0.000% 09/17/2024 5,000,000.00 37 4,943,500.00 5.40% 79 3135G0W66 FNMA 02/06/2020 2,000,842.98 1.625% 10/15/2024 2,000,000.00 1,606 1,979,380.00 1.47% 107 949763L95 Wells Fargo Bank NA 10/18/2019 247,964.77 2.050% 10/17/2024 248,000.00 1,717 245,520.00 2.10% 109 912828YV6 U.S. Treasury 08/09/2021 2,008,809.13 1.500% 11/30/2024 2,000,000.00 1,056 1,968,640.00 0.44% 153 3130A3GE8 FHLB 01/30/2020 2,010,536.89 2.750% 12/13/2024 2,000,000.00 1,613 1,976,320.00 1.54% 166 3135G0X24 FNMA 01/27/2020 3,000,330.93 1.625% 01/07/2025 3,000,000.00 1,616 2,944,020.00 1.60% 191 637639AB1 National Securities Clearing 10/06/2022 1,951,209.27 1.500% 04/23/2025 2,000,000.00 633 1,938,880.00 4.72% 297 91282CEY3 U.S. Treasury 05/30/2023 4,937,434.64 3.000% 07/15/2025 5,000,000.00 397 4,894,950.00 4.27% 380 91282CAB7 U.S. Treasury 08/09/2021 1,993,075.29 0.250% 07/31/2025 2,000,000.00 1,056 1,899,300.00 0.57% 396 91282CAJ0 U.S. Treasury 06/28/2021 1,988,362.50 0.250% 08/31/2025 2,000,000.00 1,098 1,892,260.00 0.76% 427 91282CFK2 U.S. Treasury 02/10/2023 4,957,109.12 3.500% 09/15/2025 5,000,000.00 506 4,909,950.00 4.26% 442 91282CAT8 U.S. Treasury 02/03/2021 1,993,449.70 0.250% 10/31/2025 2,000,000.00 1,243 1,879,620.00 0.50% 488 91282CAT8 U.S. Treasury 02/03/2021 1,995,815.28 0.250% 10/31/2025 2,000,000.00 1,243 1,879,620.00 0.41% 488 91282CAZ4 U.S. Treasury 02/23/2021 997,396.61 0.375% 11/30/2025 1,000,000.00 1,223 938,160.00 0.56% 518 91282CAZ4 U.S. Treasury 02/23/2021 1,988,054.71 0.375% 11/30/2025 2,000,000.00 1,223 1,876,320.00 0.80% 518 91324PCV2 UnitedHealth Group Inc 01/31/2024 2,540,910.16 3.100% 03/15/2026 2,600,000.00 151 2,514,330.00 4.51% 623 91282CCF6 U.S. Treasury 06/28/2021 997,445.08 0.750% 05/31/2026 1,000,000.00 1,098 927,380.00 0.89% 700 24422ETH2 John Deere 06/12/2024 1,908,883.01 2.650% 06/10/2026 2,000,000.00 18 1,910,500.00 5.15% 710 91282CCP4 U.S. Treasury 08/09/2021 1,996,073.54 0.625% 07/31/2026 2,000,000.00 1,056 1,839,840.00 0.72% 761 91282CCW9 U.S. Treasury 09/27/2021 2,990,352.45 0.750% 08/31/2026 3,000,000.00 1,007 2,759,070.00 0.90% 792 3134GW6C5 FHLMC 02/10/2023 4,624,872.87 0.800% 10/28/2026 5,000,000.00 506 4,558,250.00 4.32% 850 3130AQEC3 FHLB 12/30/2021 2,000,000.00 1.370% 12/30/2026 2,000,000.00 913 1,839,700.00 1.37% 913 3130AQLX9 FHLB 01/27/2022 10,000,000.00 1.500% 01/27/2027 10,000,000.00 885 9,447,100.00 1.50% 941 89236TLY9 Toyota Motor Credit 04/05/2024 2,004,342.93 5.000% 03/19/2027 2,000,000.00 86 1,999,860.00 4.91% 992 3134GXTS3 FHLMC 05/25/2022 5,000,000.00 4.000% 05/25/2027 5,000,000.00 767 4,957,650.00 4.00% 1,059 3134GXR48 FHLMC 08/25/2022 5,000,000.00 3.950% 08/25/2027 5,000,000.00 675 4,978,050.00 3.95% 1,151 3133EPAV7 FFCB 02/14/2023 4,988,952.22 3.875% 02/14/2028 5,000,000.00 502 4,896,800.00 3.94% 1,324 Net Maturities and Averages 107,360,637.83 108,153,868.55 105,058,798.55 3.22% 507 Run Date: 7/3/2024 - 11:06 AM
Amortizing
19 Summary by Issuer
City of Redondo Beach June 30, 2024
Issuer Investments
Number of Par
Value
Book
Value
% of
Portfolio YTM Maturity
Book Days to
U.S. Treasury 13 34,000,000.00 33,785,898.60 31.47 2.41 429 FHLB 4 19,000,000.00 19,000,518.95 17.70 1.96 624
First American Tsy FUZXX 1 18,202,927.12 18,202,927.12 16.95 5.17 1 FHLMC 3 15,000,000.00 14,624,872.87 13.62 4.09 1,024
FFCB 3 8,000,000.00 7,988,994.80 7.44 3.08 842
FNMA 2 5,000,000.00 5,001,173.91 4.66 1.55 157
UnitedHealth 1 2,600,000.00 2,540,910.16 2.37 4.51 623
Toyota 1 2,000,000.00 2,004,342.93 1.87 4.91 992
National Securities Clearing 1 2,000,000.00 1,951,209.27 1.82 4.72 297 John Deere 1 2,000,000.00 1,908,883.01 1.78 5.15 710
Wells Fargo 1 248,000.00 247,964.77 0.23 2.10 109
LAIF 1 102,941.43 102,941.43 0.10 4.33 1
Total and Average 32 108,153,868.55 107,360,637.83 100.00% 3.22 507 Run Date: 7/3/2024 - 11:06 AM
Amortizing
20 Income Earned Summary
City of Redondo Beach June 30, 2024
June 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
115,723.72 2,357,308.70
584,830.05 584,830.05
-506,751.30 -634,660.15
193,802.47 2,307,478.60
57,085.14 465,562.83
0.00 0.00
250,887.61 2,773,041.43
Run Date: 7/3/2024 - 11:06 AM
Amortizing
21 Income Earned
City of Redondo Beach June 01, 2024 - June 30, 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
61690UHB9 Morgan Stanley Bank 06/06/2024 0.00 247,998.10 0.00 3,265.45 3,357.17 0.00 91.72 1.90 93.62 949763L95 Wells Fargo Bank NA 10/17/2024 248,000.00 247,955.07 247,964.77 208.93 431.79 195.00 417.86 9.70 427.56 Certificates of Deposit - Sub Total 248,000.00 495,953.17 247,964.77 3,474.38 3,788.96 195.00 509.58 11.60 521.18 Corporate Bonds
637639AB1 National Securities Clearing 04/23/2025 2,000,000.00 1,946,380.15 1,951,209.27 3,166.67 0.00 5,666.67 2,500.00 4,829.12 7,329.12 91324PCV2 UnitedHealth Group Inc 03/15/2026 2,600,000.00 2,538,027.73 2,540,910.16 17,015.56 0.00 23,732.22 6,716.66 2,882.43 9,599.09 24422ETH2 John Deere 06/10/2026 2,000,000.00 0.00 1,908,883.01 0.00 -294.44 3,091.67 2,797.23 2,343.01 5,140.24 89236TLY9 Toyota Motor Credit 03/19/2027 2,000,000.00 2,004,471.58 2,004,342.93 19,444.44 0.00 27,777.78 8,333.34 -128.65 8,204.69 Corporate Bonds - Sub Total 8,600,000.00 6,488,879.46 8,405,345.37 39,626.67 -294.44 60,268.34 20,347.23 9,925.91 30,273.14 LAIF
9819716 LAIF 07/01/2024 102,941.43 102,941.43 102,941.43 0.00 0.00 0.00 0.00 0.00 0.00 LAIF - Sub Total 102,941.43 102,941.43 102,941.43 0.00 0.00 0.00 0.00 0.00 0.00 Money Market Funds
FUZXX First American Tsy FUZXX 07/01/2024 18,202,927.12 12,245,743.40 18,202,927.12 68,529.20 68,529.20 60,058.11 60,058.11 0.00 60,058.11 Money Market Funds - Sub Total 18,202,927.12 12,245,743.40 18,202,927.12 68,529.20 68,529.20 60,058.11 60,058.11 0.00 60,058.11 U.S. Agencies
3133EKNX0 FFCB 06/03/2024 0.00 1,500,012.95 0.00 16,020.00 16,200.00 0.00 180.00 -12.95 167.05 3133EKWV4 FFCB 07/26/2024 1,000,000.00 1,000,311.12 1,000,147.08 6,423.61 0.00 7,965.28 1,541.67 -164.05 1,377.62 3133EKA63 FFCB 08/16/2024 2,000,000.00 1,999,829.63 1,999,895.51 9,333.33 0.00 12,000.00 2,666.67 65.88 2,732.55 3130AQZ48 FHLB 08/28/2024 5,000,000.00 4,984,973.10 4,989,982.07 25,833.33 0.00 34,166.67 8,333.34 5,008.97 13,342.31 3135G0W66 FNMA 10/15/2024 2,000,000.00 2,001,075.81 2,000,842.98 4,152.78 0.00 6,861.11 2,708.33 -232.82 2,475.51 3130A3GE8 FHLB 12/13/2024 2,000,000.00 2,012,476.19 2,010,536.89 25,666.67 27,500.00 2,750.00 4,583.33 -1,939.30 2,644.03 3135G0X24 FNMA 01/07/2025 3,000,000.00 3,000,382.25 3,000,330.93 19,500.00 0.00 23,562.50 4,062.50 -51.32 4,011.18 3134GW6C5 FHLMC 10/28/2026 5,000,000.00 4,611,891.14 4,624,872.87 3,666.67 0.00 7,000.00 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 11,492.78 0.00 76.11 -11,416.67 0.00 -11,416.67 3130AQLX9 FHLB 01/27/2027 10,000,000.00 10,000,000.00 10,000,000.00 51,666.67 0.00 64,166.67 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 3,333.33 0.00 20,000.00 16,666.67 0.00 16,666.67 3134GXR48 FHLMC 08/25/2027 5,000,000.00 5,000,000.00 5,000,000.00 52,666.67 0.00 69,125.00 16,458.33 0.00 16,458.33 3133EPAV7 FFCB 02/14/2028 5,000,000.00 4,988,706.53 4,988,952.22 57,586.81 0.00 73,732.64 16,145.83 245.69 16,391.52 Run Date: 7/3/2024 - 11:06 AM
Amortizing
22 Income Earned
City of Redondo Beach June 01, 2024 - June 30, 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 - Sub Total 47,000,000.00 48,099,658.72 46,615,560.54 287,342.65 43,700.00 321,405.98 77,763.33 15,901.82 93,665.15 U.S. Treasuries
912797LH8 U.S. Treasury 09/17/2024 5,000,000.00 4,920,872.46 4,942,520.56 0.00 0.00 0.00 0.00 21,648.10 21,648.10 912828YV6 U.S. Treasury 11/30/2024 2,000,000.00 2,010,536.41 2,008,809.13 81.97 0.00 2,540.98 2,459.01 -1,727.28 731.73 91282CEY3 U.S. Treasury 07/15/2025 5,000,000.00 4,932,495.27 4,937,434.64 56,868.13 0.00 69,230.77 12,362.64 4,939.37 17,302.01 91282CAB7 U.S. Treasury 07/31/2025 2,000,000.00 1,992,550.69 1,993,075.29 1,675.82 0.00 2,087.91 412.09 524.60 936.69 91282CAJ0 U.S. Treasury 08/31/2025 2,000,000.00 1,987,544.88 1,988,362.50 1,263.59 0.00 1,671.20 407.61 817.62 1,225.23 91282CFK2 U.S. Treasury 09/15/2025 5,000,000.00 4,954,197.98 4,957,109.12 37,092.39 0.00 51,358.70 14,266.31 2,911.15 17,177.46 91282CAT8 U.S. Treasury 10/31/2025 4,000,000.00 3,988,605.04 3,989,264.98 869.57 0.00 1,684.78 815.21 659.94 1,475.15 91282CAZ4 U.S. Treasury 11/30/2025 3,000,000.00 2,984,608.73 2,985,451.32 30.74 0.00 952.87 922.13 842.59 1,764.72 91282CCF6 U.S. Treasury 05/31/2026 1,000,000.00 997,335.58 997,445.08 20.49 0.00 635.25 614.76 109.50 724.26 91282CCP4 U.S. Treasury 07/31/2026 2,000,000.00 1,995,918.75 1,996,073.54 4,189.56 0.00 5,219.78 1,030.22 154.79 1,185.01 91282CCW9 U.S. Treasury 08/31/2026 3,000,000.00 2,989,987.02 2,990,352.45 5,686.14 0.00 7,520.38 1,834.24 365.44 2,199.68 U.S. Treasuries - Sub Total 34,000,000.00 33,754,652.80 33,785,898.60 107,778.40 0.00 142,902.62 35,124.22 31,245.81 66,370.03 Grand Total 108,153,868.55 101,187,828.97 107,360,637.83 506,751.30 115,723.72 584,830.05 193,802.47 57,085.14 250,887.61 Run Date: 7/3/2024 - 11:06 AM
Amortizing
23 Realized Gains and Losses
City of Redondo Beach June 01, 2024 - June 30, 2024
CUSIP Par Value Sale Date Days Held Maturity/Sales Realized Issuer Purchase Date Coupon Rate Maturity Date Term Book Value Proceeds Gain/Loss Certificates of Deposit
61690UHB9 06/07/2019 248,000.00 06/06/2024 1,826 248,000.00 248,000.00 0.00 Morgan Stanley Bank 2.700% 06/06/2024 1,826
Total Certificates of Deposit 248,000.00 248,000.00 0.00 U.S. Agencies
3133EKNX0 06/05/2019 1,500,000.00 06/03/2024 1,825 1,500,000.00 1,500,000.00 0.00 FFCB 2.160% 06/03/2024 1,825
Total U.S. Agencies 1,500,000.00 1,500,000.00 0.00
Grand Total 1,748,000.00 1,748,000.00 0.00
Run Date: 7/3/2024 - 11:07 AM
Amortizing
24 Transaction Report
City of Redondo Beach June 01, 2024 - June 30, 2024
Transaction Transaction Security Security Maturity
Date Type ID Description Date Purchases Redemptions Interest Deposits Withdrawals 06/03/2024 Maturity 3133EKNX0 FFCB 2.16 06/03/24 06/03/2024 - 1,500,000.00 - - - 06/03/2024 Interest 3133EKNX0 FFCB 2.16 06/03/24 06/03/2024 - - 16,200.00 - - 06/03/2024 Interest FUZXX First American Tsy MMF - - 68,529.20 - - 06/06/2024 Maturity 61690UHB9 MS 2.7 06/06/24 06/06/2024 - 248,000.00 - - - 06/06/2024 Interest 61690UHB9 MS 2.7 06/06/24 06/06/2024 - - 3,357.17 - - 06/12/2024 Purchase 24422ETH2 DE 2.65 06/10/26 06/10/2026 -1,906,540.00 - -294.44 - - 06/13/2024 Interest 3130A3GE8 FHLB 2 3/4 12/13/24 12/13/2024 - - 27,500.00 - - 06/17/2024 Interest 949763L95 WFC 2.05 10/17/24 10/17/2024 - - 431.79 - - 06/24/2024 Deposit FUZXX FUZXX - - - 6,000,000.00 -
Grand Total: -1,906,540.00 1,748,000.00 115,723.72 6,000,000.00 0.00 Run Date: 7/3/2024 - 11:07 AM
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
Checking
10,560,379.31
1,014.09
3,061,862.38
1,682,061.16
1,704,140.93
1,753,019.07
128,046.72
7,614.40
1,015,766.87
102,941.43 102,941.43
1,704,140.93
1,753,019.07
128,046.72
1,966,588.30
187,650.13
22,176,532.21
City of Redondo Beach 6/30/2024
Bank of America Accounts & LAIF Accounts
Total
10,560,379.31
7,614.40
LAIF
-
5,447.42
-
6,461.51
3,061,862.38
3,648,649.46
1,203,417.00
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 6/30/2024
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
7.8%
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.
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Run Date: 7/3/2024 - 11:07 AM
Amortizing
28