April 25, 2022
TO: The Honorable Mayor and City Council,
City Administrator, Deputy City Manager, Interim Finance Director FROM: Edward J. Carrillo - City Treasurer
REF
General Pooled Funds Investments + Cash Sweep Bank Account…………………………………………………………………………………………. 241,823,974.41
65%
A,G
Rialto Successor Agency (RSA) + Cash Sweep Bank Account…………………………………………………………………………………................................ 7,640,730.15
2%
B,H
Rialto Utility Authority (RUA) Pre-existing Investments + Cash Sweep Bank Account……………………………………………………………………………………………. 25,173,102.78
7%
C,I
Other Bank Accounts + Cash Sweep Bank Accounts……………………………………………………………………………………………………………………............. 1,949,712.58
1%
D,J
Escrow Accounts……………………………………………………………………………………………………………………………................................................. 14,144,836.07
4%
E
Cemetery Endowment Fund (Restricted Accounts)…………………………………………………………………........................................................................... 424,650.46
0%
F,K
Pepper Avenue Extension (Restricted Accounts)………………………………………………………………….......................................................... 163,923.96
0%
L
General Fund Economic Reserve (Restricted Funds)……………………………………………………………………............................................... 25,780,670.08
7%
M
Public Agency Retirement Services - OPEB (Restricted Funds)…………………………………………………………………….................................. 27,628,845.39
7%
N
Cash with Fiscal Agents - (Restricted Bond Issues)…………………………………………………………………………...................................................... 5,272,456.17
1%
O
Cash with Fiscal Agents - RUA (Concession Agreement)………………………………………………………………….......................................................... 22,294,163.49
6%
P
TREASURER'S PORTFOLIO
372,297,065.54
100%
TREASURER'S MONTHLY REPORT - APRIL 2022
The City’s Treasurer expects to have sufficient cash for the next six months .
The City of Rialto’s Investments and funds management is in compliance with the City’s Investment Policy and S tate Mandates.
Pool
ed Investments have liquidity below 30 days, and therefore carry Market Value at Issued Value.
Wells Fargo Advisor
s,
J
P Morgan
Advisors
and
Clearwater Analytics
p
r
o
v
i
d
e
d
the Market Value of the investments held in custody.
US Bank (Corporate Trust Dept.)
provided Fiscal Agent information.
City of Rialto
TREASURER'S BANK
RECONCILIATION BALANCE SHEET
MARCH 2022
APRIL 2022
ACTIVE ACCOUNTS
BALANCE
RECEIPTS
DISBURSEMENTS
BALANCE
REF
GENERAL BANK ACCOUNT **
(838,138.72)
66,105,380.59
68,955,325.10
(3,688,083.23)
A
RSA BANK ACCOUNT **
-
62,627.48
63,166.05
(538.57)
B
RUA BANK ACCOUNT **
(26,569.18)
43,523.64
47,350.05
(30,395.59)
C
SPORTS CENTER/POOL **
-
15,674.41
15,674.41
-
AMBULANCE LOCKBOX
107,279.02
290,070.26
295,071.89
102,277.39
FLEXIBLE BENEFIT**
-
1.77 1.77
-
ALARM LOCKBOX
23,546.70
15,239.30
26.90 38,759.10
BANK CARD
1,092.01
-
-
1,092.01
PAYROLL CLEARING
2,053,665.43
4,376,298.40
6,414,980.72
14,983.11
LIABILITY ACCT./CARL WARREN & CO.
2,173.45
20,567.56
-
22,741.01
LIABILITY ACCT./GEORGE HILLS
99,891.80
108.20
3,087.91
96,912.09
PEPPER AVENUE
-
-
-
-
WORKERS COMP/LWP CLAIMS SOLUTIONS
33,925.44
219,260.20
187,149.30
66,036.34
PROPERTY EVIDENCE MONIES
1,404,116.55
-
27.00 1,404,089.55
OTHER BANK ACCOUNTS
3,725,690.40
4,937,220.10
6,916,019.90
1,746,890.60
D
ENERGY CONSERVATION PROJECT
84,786.55
-
-
84,786.55
AYALA @ 210 PARTNERS LLC
310,707.50
10.22 -
310,717.72
LEWIS HILLWOOD
2,740,484.80
976.12
2,735.02
2,738,725.90
ALDER AVENUE
3,254,629.71
1,159.25
3,248.14
3,252,540.82
LAUREL/WALNUT/LOCUST
2,966,340.56
1,056.56
2,960.42
2,964,436.70
SUB ACCOUNT A
4,796,707.01
1,708.51
4,787.14
4,793,628.38
ESCROW ACCOUNTS
14,153,656.13
4,910.66
13,730.72
14,144,836.07
E
CEMETERY ENDOWMENT FUND
86,619.46
15,692.00
-
102,311.46
RESTRICTED ACCOUNTS
86,619.46
15,692.00
-
102,311.46
F
TOTAL - ACTIVE ACCOUNTS
17,101,258.09
12,275,020.74
(A-F)
Note (**) All cash is swept in Government Money Market Fund Sweep Accounts with Wells Fargo.
Accounts with negative balances are due to current month's outstanding checks.
PURCHASE CALL MATURITY COUPON DAYS MONTHS MONTHS RATING RATING AMOUNT PAR MARKET SOURCE DATE DATE DATE RATE YIELD OF INV. OF INV. REMAINING MOODY'S S&P INVESTED REF VALUE VALUE
WELLS FARGO CASH SWEEP ACCOUNT
POOLED FUNDS - GENERAL 04/01/22 --- 04/01/22 --- --- 0 1 --- --- --- 36,977,038.18 36,977,038.18 36,977,038.18 SHARES PURCHASED 04/01/22 --- 04/30/22 --- --- 30 1 --- --- --- 16,952,227.40 16,952,227.40 16,952,227.40 SHARES REDEEMED 04/01/22 --- 04/30/22 --- --- 30 1 --- --- --- (37,132,484.23) (37,132,484.23) (37,132,484.23) INTEREST EARNED - GENERAL FUND ACCOUNT 04/01/22 --- 04/30/22 --- 0.22% 29 1 --- --- --- 4,872.03 4,872.03 4,872.03 CASH SWEEP BALANCE / (FUNDS PENDING REDEMPTION) - GENERAL 04/01/22 --- 04/30/22 --- --- 29 1 --- --- --- 76,039.46 76,039.46 76,039.46 SUBTOTAL 16,877,692.84 16,877,692.84 16,877,692.84
PACIFIC PREMIER BANK #0314
POOLED FUNDS - #0314 04/01/22 --- 04/01/22 --- 0.07% 0 0 --- --- --- 5,197,878.83 5,197,878.83 5,197,878.83 BANKING FEE 04/01/22 --- 04/30/22 --- --- 29 1 --- --- --- (12.00) (12.00) (12.00) TRANSFER TO PACIFIC PREMIER BANK #7667 04/01/22 --- 04/30/22 --- --- 29 1 --- --- --- (5,197,878.83) (5,197,878.83) (5,197,878.83) INTEREST EARNED #0314 04/01/22 --- 04/30/22 --- --- 29 1 --- --- --- 209.34 209.34 209.34 SUBTOTAL 197.34 197.34 197.34
PACIFIC PREMIER BANK #7667
POOLED FUNDS - #7667 04/01/22 --- 04/01/22 --- 0.07% 0 0 --- --- --- 3,531,544.59 3,531,544.59 3,531,544.59 TRANSFER TO GENERAL BANK ACCOUNT 04/01/22 --- 04/30/22 --- --- 29 1 --- --- --- (8,729,393.42) (8,729,393.42) (8,729,393.42) BANKING FEE 04/01/22 --- 04/30/22 --- --- 29 1 --- --- --- (42.00) (42.00) (42.00) TRANSFER FROM PACIFIC PREMIER BANK #0314 04/01/22 --- 04/30/22 --- --- 29 1 --- --- --- 5,197,878.83 5,197,878.83 5,197,878.83 INTEREST EARNED #7667 04/01/22 --- 04/30/22 --- --- 29 1 --- --- --- 192.08 192.08 192.08 SUBTOTAL 180.08 180.08 180.08
LAIF - CALIFORNIA STATE POOL
POOLED FUNDS - LAIF 04/01/22 --- 04/30/22 --- 0.52% 29 1 --- --- --- 20,227,042.18 20,227,042.18 20,227,042.18 INTEREST EARNED 04/01/22 --- 04/30/22 --- --- 29 1 --- --- --- 15,939.43 15,939.43 15,939.43 SUBTOTAL 20,242,981.61 20,242,981.61 20,242,981.61
JP MORGAN ADVISORS - GENERAL
02665WDM0 - AMERICAN HONDA FIN CORP 03/24/22 --- 09/08/23 0.65% 0.67% 533 18 16 A3 A- 979,412.53 1,000,000.00 970,247.66 05724BAB5 - BAKER HUGHES HLDGS LLC 04/20/22 --- 12/15/23 1.23% 1.27% 604 20 20 A3 A- 1,953,266.68 2,000,000.00 1,940,365.72 13607HVC3 - CANADIAN IMPERIAL BANK 03/24/22 --- 06/22/23 0.45% 0.46% 455 15 14 A2 A- 1,470,316.91 1,500,000.00 1,461,002.67 3133ENLD0 - FEDERAL FARM CR BKS 01/11/22 01/26/24 01/26/26 1.53% 1.61% 1476 49 45 N/A N/A 2,000,000.00 2,000,000.00 1,897,233.12 3133ENNE6 - FEDERAL FARM CREDIT BANK 02/03/22 05/09/22 02/09/24 1.23% 1.26% 736 24 21 AAA AA+ 745,000.00 745,000.00 727,164.99 3134GXSM7 - FEDERAL HOME LOAN BANK 04/22/22 06/17/22 05/17/27 4.00% 4.00% 1851 61 61 AAA AA+ 1,000,000.00 1,000,000.00 998,841.23 3130AQJK0 - FEDERAL HOME LOAN BANK 01/05/22 04/25/22 04/25/24 1.00% 1.03% 841 28 24 AAA AA+ 2,000,000.00 2,000,000.00 1,939,441.48 3130ARJ44 - FEDERAL HOME LOAN BANK 03/24/22 07/22/22 04/22/24 2.40% 2.41% 760 25 24 AAA AA+ 2,000,000.00 2,000,000.00 1,988,368.44 3130ARWC1 - FEDERAL HOME LOAN BANK 04/27/22 05/15/23 11/16/23 2.50% 2.50% 568 19 19 AAA AA+ 3,000,000.00 3,000,000.00 2,995,314.90 3130ARX55 - FEDERAL HOME LOAN BANK 04/27/22 08/26/22 11/26/24 3.13% 3.13% 944 31 31 AAA AA+ 5,000,000.00 5,000,000.00 4,989,617.35 3134GXGQ1 - FREDDIE MAC 12/07/21 06/15/22 12/15/22 0.20% 0.20% 373 12 8 AAA N/A 1,248,601.53 1,250,000.00 1,238,040.48 606822BJ2 - MITSUBISHIA UFJ FINANICAL GROUP 04/22/22 --- 07/18/24 2.80% 2.85% 818 27 27 A1 A- 3,949,173.15 4,000,000.00 3,933,800.56 78015K7L2 - ROYAL BANK OF CANADA 01/04/22 --- 01/19/24 0.43% 0.44% 745 25 21 A1 A 2,007,847.35 2,026,000.00 1,941,558.93 83369NHL7 - SOCIETE GENERALE 01/18/22 07/20/22 01/20/27 1.95% 2.08% 1828 60 57 A1 A 2,000,000.00 2,000,000.00 1,874,569.68 89788JAB5 - TRUIST BK GLOBAL BK 03/22/22 02/09/23 03/09/23 1.25% 1.26% 352 12 10 A2 A 996,144.17 1,000,000.00 989,306.51 91282CBU4 - UNITED STATES TREASURY 03/22/22 --- 03/31/23 0.13% 0.13% 374 12 11 AAA N/A 1,974,755.84 2,000,000.00 1,965,078.12 91282CCD1 - UNITED STATES TREASURY 04/22/22 --- 05/31/23 0.13% 0.13% 404 13 13 AAAA N/A 4,894,775.40 5,000,000.00 4,888,867.20 91282CCN9 - UNITED STATES TREASURY 03/24/22 --- 07/31/23 0.13% 0.13% 494 16 15 AAA N/A 1,957,903.98 2,000,000.00 1,944,453.12 91282CAR2 - UNITED STATES TREASURY 03/24/22 --- 10/31/22 0.13% 0.13% 221 7 6 AAA N/A 4,977,155.28 5,000,000.00 4,966,406.25 JP MORGAN ADVISORS ---TREASURY MONEY MARKET 04/01/22 --- 04/30/22 --- 0.10% 29 1 --- --- --- 9,819,589.06 9,819,589.06 9,819,589.06 JP MORGAN ADVISORS --- CASH 04/01/22 --- 04/30/22 --- --- 29 1 --- --- --- (9,000,000.00) (9,000,000.00) (9,000,000.00) SUBTOTAL 44,973,941.88 45,340,589.06 44,469,267.47
NOTE. G (CONTINUED TO NEXT PAGE)
City of Rialto
SCHEDULE OF INVESTMENTS
GENERAL POOLED FUNDS / INVESTMENTS - REF: G
APRIL 2022
PURCHASE CALL MATURITY COUPON DAYS MONTHS MONTHS RATING RATING AMOUNT PAR MARKET SOURCE DATE DATE DATE RATE YIELD OF INV. OF INV. REMAINING MOODY'S S&P INVESTED REF VALUE VALUE
WELLS FARGO ADVISORS - CUSTODIAL
38150AEJ0 - GOLDMAN SACHS GRP INC MTN CALLABLE 11/20/20 05/24/22 11/25/22 0.40% 0.40% 735 24 7 A2 BBB+ 7,497,500.00 7,500,000.00 7,388,850.00 94973VBA4 - WELLPOINT INC SR UNSECURED 07/13/21 --- 01/15/23 3.30% 3.28% 551 18 9 BAA2 A 1,566,150.00 1,500,000.00 1,508,010.00 94974BFN5 -WELLS FARGO & CO SUBORDINATED 06/03/21 --- 08/15/23 4.13% 4.07% 803 26 16 A3 BBB 5,519,832.00 5,100,000.00 5,160,078.00 38150AEF8 - GOLDMAN SACH GRP MTN CALLABLE 11/20/20 08/24/22 11/24/23 0.60% 0.63% 1099 36 19 A2 BBB+ 3,000,000.00 3,000,000.00 2,848,770.00 17329F6E9 - CITIGROUP GLOBAL MARKETS MTN CALLABLE 03/30/21 06/30/22 03/31/24 0.70% 0.73% 1097 36 23 A3 BBB+ 8,250,000.00 8,250,000.00 7,841,377.50 02665WDS7 - AMERICAN HONDA FINANCE MTN 02/25/21 --- 07/12/24 0.55% 0.58% 1233 41 26 A3 A- 3,827,410.50 3,825,000.00 3,611,565.00 94974BGA2 - WELLS FARGO & CO. MTN 04/22/22 --- 09/09/24 3.30% 3.31% 871 29 28 A1 BBB+ 5,000,000.00 5,000,000.00 4,981,800.00 45950VQE9 - INTL FINANCE CORP MTN 09/08/21 --- 09/10/24 0.43% 0.45% 1098 36 28 AAA AAA 5,000,000.00 5,000,000.00 4,711,100.00 38150AFC4 - GOLDMAN SACHS GRP INC MTN CALLABLE 03/26/21 06/30/22 09/30/24 1.00% 1.06% 1284 42 29 A2 BBB+ 4,500,000.00 4,500,000.00 4,222,935.00 61761JVL0 - MORGAN STANLEY MTN SR UNSECURED 07/15/21 --- 10/23/24 3.70% 3.69% 1196 39 30 A1 BBB+ 5,048,828.40 4,620,000.00 4,628,870.40 38150AFM2 - GOLDMAN SACHS GRP INC MTN CALLABLE 05/10/21 05/14/22 11/12/24 1.00% 1.07% 1282 42 30 A2 BBB+ 10,000,000.00 10,000,000.00 9,313,700.00 037833AZ3 - APPLE INC SR UNSECURED 02/04/21 --- 02/09/25 2.50% 2.53% 1466 48 33 AAA AA+ 2,157,500.00 2,000,000.00 1,972,320.00 06048WK66 - BANK OF AMERICA CORP MULTISTEP UP MTN CALLABLE 02/04/21 06/23/22 12/23/25 0.65% 0.72% 1783 59 44 A2 A- 1,994,000.00 2,000,000.00 1,788,600.00 17290AEA4 - CITIGROUP INC. MTN CALLABLE 10/15/21 10/19/24 10/19/26 1.45% 1.62% 1830 60 54 A3 BBB+ 5,000,000.00 5,000,000.00 4,448,650.00 48128G5Y2 - JPMORGAN CHASE & CO MTN CALLABLE 01/27/22 01/31/24 01/29/27 2.10% 2.30% 1828 60 57 A2 A- 3,000,000.00 3,000,000.00 2,733,510.00 3815AL29 - GOLDMAN SACHS GRP INC MTN CALLABLE 02/28/22 03/02/23 03/02/27 3.00% 3.16% 1828 60 58 A2 BBB+ 5,000,000.00 5,000,000.00 4,732,700.00 3135G05G4 - FEDERAL NATIONAL MTG ASSN NOTES 12/02/21 --- 07/10/23 0.25% 0.25% 585 19 14 AAA AA+ 3,896,901.50 3,910,000.00 3,815,260.70 3130ANZ60 - FEDERAL HOME LOAN BANK MULTISTEP COUPON BONDS CALLABLE 09/08/21 06/27/22 06/27/25 0.40% 0.42% 1388 46 38 AAA AA+ 1,500,000.00 1,500,000.00 1,406,145.00 3130ALZA5 - FEDERAL HOME LOAN BANK MULTI STEP COUPON BONDS CALLABLE 04/13/21 07/29/22 04/29/26 0.50% 0.79% 1842 61 48 AAA AA+ 6,000,000.00 6,000,000.00 5,678,280.00 3130AMB76 - FEDERAL HOME LOAN BANK BONDS CALLABLE 05/18/21 05/18/22 05/18/26 1.25% 1.33% 1826 60 49 AAA AA+ 1,108,800.00 1,100,000.00 1,033,329.00 3130AMKN1 - FEDERAL HOME LOAN MULTISTEP UP COUPON BONDS CALLABLE 05/18/21 05/27/22 05/27/26 0.50% 0.53% 1835 60 49 AAA AA+ 8,900,000.00 8,900,000.00 8,386,648.00 3130ANUT5 - FEDERAL HOME LOAN BANK MULTI STEP COUPON BONDS CALLABLE 08/30/21 06/16/22 09/16/26 0.50% 0.53% 1843 61 53 AAA AA+ 10,000,000.00 10,000,000.00 9,345,000.00 3130ANZ52 - FEDERAL HOME LOAN BANK MULTISTEP COUPON BONDS CALLABLE 09/08/21 06/28/22 09/28/26 0.50% 0.53% 1846 61 53 AAA AA+ 2,500,000.00 2,500,000.00 2,338,750.00 3130ANXC9 - FEDERAL HOME LOAN BANK MULTISTEP COUPON BONDS CALLABLE 09/02/21 06/29/22 09/29/26 0.60% 0.67% 1853 61 53 AAA AA+ 5,000,000.00 5,000,000.00 4,606,150.00 78658RFR7 - SAFRA NATIONAL BANK CD 10/12/21 --- 10/19/22 0.15% 0.15% 372 12 6 N.A. N.A. 249,000.00 249,000.00 248,081.19 99000FGR3 - WORLD'S FOREMOST BANK CD 09/20/21 --- 05/08/23 2.45% 2.43% 595 20 12 N.A. N.A. 206,936.00 200,000.00 201,222.00 99000QMY7 - COMENITY BANK CD 09/23/21 --- 08/15/23 2.15% 2.14% 691 23 16 N.A. N.A. 206,372.00 200,000.00 200,128.00 05580AD92 - BMW BK N AMERICA CD 09/20/21 --- 09/25/23 0.35% 0.35% 735 24 17 N.A. N.A. 249,000.00 249,000.00 242,765.04 87165HD64 - SYNCHRONY BANK CD 09/20/21 --- 09/25/23 0.40% 0.40% 735 24 17 N.A. N.A. 249,000.00 249,000.00 242,936.85 38149MA52 - GOLDMAN SACHS BK USA CD 09/20/21 --- 09/29/23 0.35% 0.35% 739 24 17 N.A. N.A. 249,000.00 249,000.00 242,682.87 856285XP1 - STATE BANK OF INDIA CD 09/20/21 --- 09/29/23 0.40% 0.41% 739 24 17 N.A. N.A. 249,000.00 249,000.00 242,854.68 947547NE1 - WEBBANK CD 09/20/21 05/30/22 09/29/23 0.30% 0.30% 739 24 17 N.A. N.A. 249,000.00 249,000.00 242,473.71 538036SD7 - LIVE OAK BANKING CO CD 09/21/21 --- 10/02/23 0.25% 0.25% 741 24 17 N.A. N.A. 249,000.00 249,000.00 242,279.49 649447UA5 - NEW YORK CMNTY BK CD 10/05/21 --- 10/16/23 0.30% 0.30% 741 24 18 N.A. N.A. 250,000.00 250,000.00 243,120.00 45581ECS8 - INDUSTRIAL & COM BK CD 09/21/21 --- 10/18/23 0.35% 0.35% 757 25 18 N.A. N.A. 249,000.00 249,000.00 242,284.47 06251A2J8 - BANK HAPOALIM BM NY CD 09/28/21 --- 10/26/23 0.25% 0.25% 758 25 18 N.A. N.A. 248,253.00 249,000.00 241,746.63 88241TFP6 - TEXAS EXCHANGE BK SSB CD 09/22/21 05/18/22 12/18/23 0.35% 0.36% 817 27 20 N.A. N.A. 248,000.00 248,000.00 239,974.72 61765QQ28 - MORGAN STANLEY BK NA CD 10/01/21 --- 01/08/24 0.25% 0.25% 829 27 20 N.A. N.A. 250,000.00 250,000.00 241,560.00 47804GGX5 - JOHN MARSHALL BANK CD 09/29/21 --- 06/17/24 0.25% 0.26% 992 33 26 N.A. N.A. 243,020.40 245,000.00 232,382.50 29278TPT1 - ENERBANK USA CD 10/12/21 --- 06/26/24 0.50% 0.52% 988 32 26 N.A. N.A. 210,578.00 211,000.00 201,083.00 NOTE. G (CONTINUED TO NEXT PAGE)
SCHEDULE OF INVESTMENTS
GENERAL POOLED FUNDS / INVESTMENTS - REF: G (CONTINUED) APRIL 2022
PURCHASE CALL MATURITY COUPON DAYS MONTHS MONTHS RATING RATING AMOUNT PAR MARKET SOURCE DATE DATE DATE RATE YIELD OF INV. OF INV. REMAINING MOODY'S S&P INVESTED REF VALUE VALUE 89235MLG4 - TOYOTA FINL SGS BK CD 09/23/21 --- 08/12/24 0.60% 0.63% 1054 35 27 N.A. N.A. 248,927.79 249,000.00 237,020.61 795451AW3 - SALLIE MAE BANK/SALT CD 09/20/21 --- 09/23/24 0.70% 0.73% 1099 36 29 N.A. N.A. 249,000.00 249,000.00 236,823.90 90348JT75 - UBS BANK USA CD 09/28/21 --- 10/07/24 0.65% 0.68% 1105 36 29 N.A. N.A. 249,000.00 249,000.00 236,253.69 59013KNU6 - MERRICK BANK CD 10/06/21 --- 10/21/24 0.55% 0.58% 1111 37 30 N.A. N.A. 249,000.00 249,000.00 235,399.62 48128WBQ7 - JP MORGAN CHASE BK NA CD 10/13/21 10/29/22 10/29/26 0.55% 0.54% 1842 61 54 N.A. N.A. 125,000.00 125,000.00 115,081.25 53944VAS8 - LLOYDS BANK PLC SR NOTE 12/09/19 --- 08/14/22 2.25% 2.24% 979 32 3 A1 A+ 2,009,300.00 2,000,000.00 2,002,840.00 89114V4M6 - TORONTO-DOMINION BANK MTN 03/07/22 06/09/22 06/09/23 1.40% 1.41% 459 15 13 A1 A 5,000,000.00 5,000,000.00 4,941,800.00 22553PTV1 - CREDIT SUISSE AG LONDON MTN 04/27/22 10/29/22 10/29/23 3.00% 3.00% 550 18 18 A1 N.A. 5,000,000.00 5,000,000.00 4,987,200.00 13605WQ79 - CANADIAN IMPERIAL BK COMM MTN CALLABLE 12/28/20 12/22/22 06/22/24 0.55% 0.58% 1272 42 26 A2 A- 3,000,000.00 3,000,000.00 2,812,740.00 459056HV2 - INTL BK RECON & DEVELOP SR UNSECURED 09/07/21 --- 08/28/24 1.50% 1.54% 1086 36 28 AAA AAA 1,031,750.00 1,000,000.00 970,020.00 89114TDD1 - TORONTO DOMINION BANK MTN CALLABLE 03/09/21 06/11/22 09/11/24 0.70% 0.74% 1282 42 28 A1 A 7,000,000.00 7,000,000.00 6,593,230.00 89114TF49 - TORONTO DOMINION BANK MTN CALLABLE 03/20/21 07/01/22 04/01/25 1.00% 1.07% 1473 48 35 A1 A 5,000,000.00 5,000,000.00 4,667,600.00 06747PKV0 - BARCLAYS BANK PLC - MTN CALLABLE 06/08/20 04/08/23 04/08/25 3.25% 3.39% 1765 58 35 A1 A 5,136,480.00 4,920,000.00 4,707,111.60 89114VCS4 - TORONTO-DOMINION BANK MTN 04/26/22 10/31/23 10/31/25 3.50% 3.52% 1284 42 42 A1 A 5,000,000.00 5,000,000.00 4,963,300.00 WFA ---TREASURY MONEY MARKET 04/01/22 --- 04/30/22 --- 0.01% 29 1 --- --- --- 4,981,205.12 4,981,205.12 4,981,205.12 WFA --- CASH 04/01/22 --- 04/30/22 --- --- 29 1 --- --- --- 15,319.18 15,319.18 15,319.18 SUBTOTAL 163,417,063.89 162,087,524.30 154,952,918.72
TOTAL - GENERAL POOLED FUNDS / INVESTMENTS 245,512,057.64 G 244,549,165.23 236,543,238.06
SCHEDULE OF INVESTMENTS
GENERAL POOLED FUNDS / INVESTMENTS - REF: G (CONTINUED) APRIL 2022
PURCHASE CALL MATURITY COUPON DAYS MONTHS MONTHS RATING RATING AMOUNT PAR MARKET SOURCE DATE DATE DATE RATE YIELD OF INV. OF INV. REMAINING MOODY'S S&P INVESTED REF VALUE VALUE
WELLS FARGO CASH SWEEP ACCOUNT
RSA ACCOUNT ** 04/01/22 --- 04/01/22 --- --- 0 0 --- --- --- 7,656,957.53 7,656,957.53 7,656,957.53 SHARES PURCHASED 04/01/22 --- 04/30/22 --- --- 29 1 --- --- --- 22,602.50 22,602.50 22,602.50 SHARES REDEEMED 04/01/22 --- 04/30/22 --- --- 29 1 --- --- --- (39,597.87) (39,597.87) (39,597.87) INTEREST EARNED - WELLS FARGO 04/01/22 --- 04/30/22 ---- 0.22% 29 1 --- --- --- 1,306.56 1,306.56 1,306.56 TOTAL - RSA INVESTMENTS 7,641,268.72 H 7,641,268.72 7,641,268.72
PURCHASE CALL MATURITY COUPON DAYS MONTHS MONTHS RATING RATING AMOUNT PAR MARKET SOURCE DATE DATE DATE RATE YIELD OF INV. OF INV. REMAINING MOODY'S S&P INVESTED REF VALUE VALUE
WELLS FARGO CASH SWEEP ACCOUNT
POOLED FUNDS - RUA ACCOUNT ** 04/01/22 --- 04/01/22 --- --- 0 0 --- --- --- 7,045,199.56 7,045,199.56 7,045,199.56 SHARES REDEEMED 04/01/22 --- 04/30/22 --- --- 29 1 --- --- --- (43,523.64) (43,523.64) (43,523.64) INTEREST EARNED - WELLS FARGO 04/01/22 --- 04/30/22 --- 0.17% 29 1 --- --- --- 1,200.15 1,200.15 1,200.15 SUBTOTAL 7,002,876.07 7,002,876.07 7,002,876.07
LAIF - CALIFORNIA STATE POOL
POOLED FUNDS - LAIF 04/01/22 --- 04/30/22 --- 0.52% 29 1 --- --- --- 100,742.34 100,742.34 100,742.34 INTEREST EARNED 04/01/22 --- 04/30/22 --- --- 29 1 --- --- --- 79.39 79.39 79.39 SUBTOTAL 100,821.73 100,821.73 100,821.73
WELLS FARGO ADVISORS - RUA
94974BFN5 - WELLS FARGO & CO SUBORDINATED 06/03/21 --- 08/15/23 3.93% 4.07% 803 26 16 A3 BBB 974,088.00 900,000.00 910,602.00 38150AJK2 - GOLDMAN SACHS GRP INC MTN 11/22/21 05/24/22 11/24/23 1.00% 1.03% 732 24 19 A2 BBB+ 3,900,000.00 3,900,000.00 3,760,887.00 02665WDS7 - AMERICAN HONDA FINANCE MTN 02/04/21 --- 07/12/24 0.56% 0.58% 1254 41 26 A3 A- 3,477,991.50 3,475,000.00 3,281,095.00 3815AJ48 - GOLDMAN SACHS GRP INC MTN 10/27/21 10/29/22 10/29/24 1.15% 1.22% 1098 36 30 A2 BBB+ 413,000.00 413,000.00 387,720.27 3130AMRA2 - FEDERAL HOME LOAN BANK 06/02/21 06/24/22 06/24/26 0.63% 0.67% 1848 61 50 AAA AA+ 1,000,000.00 1,000,000.00 932,660.00 83369MM74 - SOCIETE GENERALE BANK MTN 10/14/20 07/19/22 10/19/22 0.40% 0.40% 735 24 6 A1 A 2,000,000.00 2,000,000.00 1,973,700.00 13605WQ79 - CANADIAN IMPERIAL BANK COMM MTN CALLABLE 12/18/20 12/22/22 06/22/24 0.56% 0.58% 1282 42 26 A2 A- 270,000.00 270,000.00 253,146.60 89114TDD1 - TORONTO DOMINION BANK MTN CALLABLE 03/09/21 06/11/22 09/11/24 0.71% 0.74% 1282 42 28 A1 A 3,000,000.00 3,000,000.00 2,825,670.00 89114TF49 - TORONTO DOMINION BANK MTN CALLABLE 03/30/21 07/01/22 04/01/25 1.01% 1.07% 1463 48 35 A1 A 3,000,000.00 3,000,000.00 2,800,560.00 WFA --- TREASURY MONEY MARKET 04/01/22 --- 04/30/22 --- 0.01% 29 1 --- --- --- 858.42 858.42 858.42 WFA --- CASH 04/01/22 --- 04/30/22 --- --- 29 1 --- --- --- 63,862.65 63,862.65 63,862.65 SUBTOTAL 18,099,800.57 18,022,721.07 17,190,761.94
TOTAL - RUA PRE-EXISTING INVESTMENTS 25,203,498.37 I 25,126,418.87 24,294,459.74
SCHEDULE OF INVESTMENTS
RUA PRE-EXISTING / INVESTMENTS - REF: I
SCHEDULE OF INVESTMENTS
RSA STAGE COACH SWEEP ACCOUNT - REF: H
APRIL 2022
APRIL 2022
PURCHASE CALL MATURITY COUPON DAYS MONTHS MONTHS RATING RATING AMOUNT PAR MARKET SOURCE DATE DATE DATE RATE YIELD OF INV. OF INV. REMAINING MOODY'S S&P INVESTED REF VALUE VALUE
WELLS FARGO CASH SWEEP ACCOUNT - SPORTS CENTER & POOL
SPORTS CENTER & POOL ACCOUNT ** 04/01/22 --- 04/01/22 --- --- 0 0 --- --- --- 153,211.95 153,211.95 153,211.95 SHARES PURCHASED 04/01/22 --- 04/30/22 --- --- 29 1 --- --- --- 14,806.37 14,806.37 14,806.37 SHARES REDEEMED 04/01/22 --- 04/30/22 --- --- 29 1 --- --- --- (204.54) (204.54) (204.54) INTEREST EARNED - SPORTS CENTER &POOL ACCOUNT ** 04/01/22 --- 04/30/22 --- 0.21% 29 1 --- --- --- 28.00 28.00 28.00 CASH SWEEP BALANCE / (FUNDS PENDING REDEMPTION) - SPORTS CENTER &POOL ** 04/01/22 --- 04/30/22 --- --- 29 1 --- --- --- 456.00 456.00 456.00 SUBTOTAL 168,297.78 168,297.78 168,297.78
WELLS FARGO CASH SWEEP ACCOUNT - FLEXIBLE BENEFIT
FLEXIBLE BENEFIT ACCOUNT** 04/01/22 --- 04/01/22 --- --- 0 0 --- --- --- 34,519.04 34,519.04 34,519.04 INTEREST EARNED - FLEXIBLE BENEFIT ACCOUNT** 04/01/22 --- 04/30/22 --- 0.21% 29 1 --- --- --- 5.16 5.16 5.16 SUBTOTAL 34,524.20 34,524.20 34,524.20
TOTAL - OTHER BANK ACCOUNTS INVESTMENTS 202,821.98 J 202,821.98 202,821.98
PURCHASE CALL MATURITY COUPON DAYS MONTHS MONTHS RATING RATING AMOUNT PAR MARKET SOURCE DATE DATE DATE RATE YIELD OF INV. OF INV. REMAINING MOODY'S S&P INVESTED REF VALUE VALUE
WELLS FARGO ADVISORS - CEMETERY ENDOWMENT FUND
38150AFG5 - GOLDMAN SACHS GRP INC MTN CALLABLE 04/28/21 04/30/22 04/30/26 1.35% 1.49% 1828 60 48 A2 BBB+ 320,000.00 320,000.00 288,313.60 WFA --- TREASURY MONEY MARKET 04/01/22 --- 04/30/22 --- 0.06% 29 1 --- --- --- 100.84 100.84 100.84 WFA --- CASH 04/01/22 --- 04/30/22 --- --- 29 1 --- --- --- 2,238.16 2,238.16 2,238.16 TOTAL - CEMETERY ENDOWMENT FUND 322,339.00 K 322,339.00 290,652.60
PURCHASE CALL MATURITY COUPON DAYS MONTHS MONTHS RATING RATING AMOUNT PAR MARKET SOURCE DATE DATE DATE RATE YIELD OF INV. OF INV. REMAINING MOODY'S S&P INVESTED REF VALUE VALUE
PEPPER AVENUE EXTENSION - RESTRICTED FUNDS
COLLATERAL CERTIFICATE OF DEPOSIT - WELLS FARGO 07/12/21 --- 07/12/22 --- 0.01% 365 12 2 --- --- 163,923.96 163,923.96 163,923.96 TOTAL - PEPPER AVENUE EXTENSION RESTRICTED ACCOUNTS 163,923.96 L 163,923.96 163,923.96
SCHEDULE OF INVESTMENTS
OTHER BANK ACCOUNTS - CASH SWEEP ACCOUNTS - REF: J
APRIL 2022
APRIL 2022
SCHEDULE OF INVESTMENTS
PEPPER AVENUE EXTENSION (RESTRICTED FUNDS) - REF: L
APRIL 2022
SCHEDULE OF INVESTMENTS
CEMETERY ENDOWMENT FUND - REF: K
PURCHASE CALL MATURITY COUPON DAYS MONTHS MONTHS RATING RATING AMOUNT PAR MARKET SOURCE DATE DATE DATE RATE YIELD OF INV. OF INV. REMAINING MOODY'S S&P INVESTED REF VALUE VALUE
WELLS FARGO ADVISORS - ECONOMIC RESERVE
80285QDB3 - SANTANDER UK PLC CP 01/10/22 --- 04/11/22 --- 0.20% 91 3 -1 P1 A1 0.00 0.00 0.00 2254EBE31 - CREDIT SUISSE NEW YORK 02/03/22 --- 05/03/22 --- 0.29% 89 3 0 P1 A1 14,989,060.34 15,000,000.00 14,999,250.00 747525AE3 - QUALCOMM INC 02/22/22 --- 05/20/22 --- 2.99% 87 3 1 A2 A 2,987,671.50 2,970,000.00 2,972,732.40 5006E3GC8 - KOREA DEVELOPMENT BANK CP 04/11/22 --- 07/12/22 --- 0.85% 92 3 2 P1 A1+ 7,803,197.86 7,820,000.00 7,803,030.60 WFA --- TREASURY MONEY MARKET 04/01/22 --- 04/30/22 --- 0.06% 29 1 --- --- --- 739.74 739.74 739.74 WFA --- CASH 04/01/22 --- 04/30/22 --- --- 29 1 --- --- --- 0.64 0.64 0.64 SUBTOTAL 25,780,670.08 25,790,740.38 25,775,753.38
TOTAL - GENERAL FUND ECONOMIC RESERVE 25,780,670.08 M 25,790,740.38 25,775,753.38
PURCHASE CALL MATURITY COUPON DAYS MONTHS MONTHS RATING RATING AMOUNT PAR MARKET SOURCE DATE DATE DATE RATE YIELD OF INV. OF INV. REMAINING MOODY'S S&P INVESTED REF VALUE VALUE
HIGHMARK CAPITAL MANAGEMENT
PARS OPEB TRUST PROGRAM 04/01/22 --- 04/01/22 --- --- 0 0 --- --- --- 27,704,813.22 27,704,813.22 29,723,895.38 TRANSFER TO GENERAL BANK ACCOUNT 04/01/22 --- 04/30/22 --- --- 29 1 --- --- --- (128,620.36) (128,620.36) (128,620.36) TRUST FEES 04/01/22 --- 04/30/22 --- --- 29 1 --- --- --- (9,735.97) (9,735.97) (9,735.97) INTEREST EARNED 04/01/22 --- 04/30/22 --- --- 29 1 --- --- --- 62,388.50 62,388.50 62,388.50 UNREALIZED GAIN/LOSS 04/01/22 --- 04/30/22 --- --- 29 1 --- --- --- 0.00 0.00 (1,854,684.93) TOTAL - PUBLIC AGENCY RETIREMENT (RESTRICTED FUNDS) 27,628,845.39 N 27,628,845.39 27,793,242.62
PURCHASE CALL MATURITY COUPON DAYS MONTHS MONTHS RATING RATING AMOUNT PAR MARKET SOURCE DATE DATE DATE RATE YIELD OF INV. OF INV. REMAINING MOODY'S S&P INVESTED REF VALUE VALUE
CASH WITH FISCAL AGENT
1 - 2007 COPS 04/01/22 --- 04/30/22 --- --- 29 1 --- --- --- 0.00 0.00 0.00 2 - 2008 SERIES B 04/01/22 --- 04/30/22 --- --- 29 1 --- --- --- 2,960,335.10 2,960,335.10 2,960,335.10 3 - 2008 SERIES C 04/01/22 --- 04/30/22 --- --- 29 1 --- --- --- 1,858,598.47 1,858,598.47 1,858,598.47 4 - 2014 SERIES A 04/01/22 --- 04/30/22 --- --- 29 1 --- --- --- 2.20 2.20 2.20 5 - 2015 SERIES A & B 04/01/22 --- 04/30/22 --- --- 29 1 --- --- --- 5.81 5.81 5.81 6 - 2015 SERIES C 04/01/22 --- 04/30/22 --- --- 29 1 --- --- --- 1.78 1.78 1.78 7 - 2018 REFUNDING 2008 SERIES A 04/01/22 --- 04/30/22 --- --- 29 1 --- --- --- 4.64 4.64 4.64 8 - 2016 ELM PARK 04/01/22 --- 04/30/22 --- --- 29 1 --- --- --- 453,508.17 453,508.17 453,508.17 TOTAL - CASH W/FISCAL AGENTS (RESTRICTED BOND ISSUES) 5,272,456.17 O 5,272,456.17 5,272,456.17
SCHEDULE OF INVESTMENTS
GENERAL FUND ECONOMIC RESERVE (RESTRICTED FUNDS) - REF: M APRIL 2022
SCHEDULE OF INVESTMENTS
APRIL 2022
SCHEDULE OF INVESTMENTS
PUBLIC AGENCY RETIREMENT - OPEB (RESTRICTED FUNDS) - REF: N CASH W/FISCAL AGENTS (RESTRICTED BOND ISSUES) - REF: O APRIL 2022
PURCHASE CALL MATURITY COUPON DAYS MONTHS MONTHS RATING RATING AMOUNT PAR MARKET SOURCE DATE DATE DATE RATE YIELD OF INV. OF INV. REMAINING MOODY'S S&P INVESTED REF VALUE VALUE
CASH WITH FISCAL AGENTS - RUA (CONCESSION AGREEMENT)
1 - RIALTO TRUST AND RUA LOCKBOX ACCOUNTS 04/01/22 --- 04/30/22 --- --- 29 1 --- --- --- 4,235,744.72 4,235,744.72 4,235,744.72 2 - WASTEWATER ACCOUNTS 04/01/22 --- 04/30/22 --- --- 29 1 --- --- --- 10,892,986.54 10,892,986.54 10,594,892.78 3 - WATER ACCOUNTS 04/01/22 --- 04/30/22 --- --- 29 1 --- --- --- 7,165,432.23 7,165,432.23 7,004,009.03 TOTAL - CASH W/FISCAL AGENTS - RUA (CONCESSION AGREEMENT) 22,294,163.49 P 22,294,163.49 21,834,646.53 NOTE. P2. CASH W/FISCAL AGENTS - RUA, WATER RESERVE ACCOUNT AS OF 04/30/2022, INCLUDES CASH AND INVESTMENTS OF $273,323.17 AND $6,144,000.00 RESPECTIVELY.
NOTE. P3. CASH W/FISCAL AGENTS - RUA, WATER RESERVE ACCOUNT AS OF 04/30/2022, INCLUDES CASH AND INVESTMENTS OF $327,705.73 AND $3,348,000.00 RESPECTIVELY.
REF
245,512,057.64 G
7,641,268.72 H
25,203,498.37 I
202,821.98 J
322,339.00 K
163,923.96 L
25,780,670.08 M
27,628,845.39 N
5,272,456.17 O
22,294,163.49 P
360,022,044.80 (G-P)
SCHEDULE OF INVESTMENTS
CASH W/FISCAL AGENTS - RUA (CONCESSION AGREEMENT) - REF: P
CASH W/FISCAL AGENTS - RUA (CONCESSION AGREEMENT)
TOTAL - RECAP INVESTMENTS & CASH W/FISCAL AGENTS
PEPPER AVENUE EXTENSION - LINE OF CREDIT & CD (RESTRICTED FUNDS)
GENERAL FUND ECONOMIC RESERVE (RESTRICTED FUNDS)
CEMETERY ENDOWMENT FUND / INVESTMENTS
RECAP - INVESTMENTS & CASH W/FISCAL AGENTS
GENERAL POOLED FUNDS / INVESTMENTS
RUA / INVESTMENTS & STAGE COACH SWEEP ACCOUNT
RSA / STAGE COACH SWEEP ACCOUNT
APRIL 2022
OTHER BANK ACCOUNTS / STAGE COACH ACCOUNTS
PUBLIC AGENCY RETIREMENT - OPEB (RESTRICTED FUNDS)
CASH W/FISCAL AGENTS (RESTRICTED BOND ISSUES)
INTEREST & GAIN/(LOSS) SUMMARY 07/31/21 - 03/31/2204/30/22 TOTAL TO DATE 716,705.54 205,339.39 922,044.93
1,058.65 1,306.56 2,365.21
45,651.82 15,154.77 60,806.59
19.23 33.16 52.39
(77,337.52) (8,820.06) (86,157.58)
2,177.31 2.32 2,179.63
12.43 1.41 13.84
(4,924.04) 3,943.55 (980.49)
1,713,811.21 62,388.50 1,776,199.71
238.94 429.91 668.85
29,524.01 1,048.79 30,572.80
TOTAL 2,426,937.58 280,828.30 2,707,765.88
PUBLIC AGENCY RETIREMENT OPEB (RESTRICTED FUNDS)
MONTHLY DETAIL
UNREALIZED
GAIN(LOSS) INTEREST EXPENSES TOTAL TO DATE
07/31/21 72,159.51 16,209.55 7,798.09 80,570.97
08/31/21 78,376.25 226,649.13 7,803.57 297,221.81
09/30/21 (701,832.17) 32,470.05 7,828.42 (677,190.54)
10/31/21 556,461.80 103,217.83 7,658.23 652,021.40
11/30/21 (444,017.37) 107,140.01 7,739.72 (344,617.08)
12/31/21 (505,952.98) 989,309.18 7,636.54 475,719.66
01/31/22 (803,834.52) 51,068.27 7,739.67 (760,505.92)
02/28/22 (486,312.38) 136,844.49 7,518.60 (356,986.49)
03/31/22 186,256.94 50,902.70 8,572.56 228,587.08
04/30/22 (1,854,684.93) 62,388.50 9,735.97 (1,802,032.40) 05/31/22 0.00
06/30/22 0.00
TOTAL- PUBLIC AGENCY RETIREMENT OPEB (RESTRICTED FUNDS)(3,903,379.85) 1,776,199.71 80,031.37 (2,207,211.51)
GENERAL FUND ECONOMIC RESERVE (RESTRICTED FUNDS)
PUBLIC AGENCY RETIREMENT OPEB (RESTRICTED FUNDS)
CASH W/FISCAL AGENTS - (RESTRICTED BOND ISSUES)
CASH W/FISCAL AGENTS - RUA (CONCESSION AGREEMENT)
RUA PRE-EXISTING / INVESTMENTS
OTHER BANK ACCOUNTS
ESCROW ACCOUNTS
CEMETERY ENDOWMENT (RESTRICTED ACCOUNTS)
PEPPER AVENUE EXTENSION (RESTRICTED ACCOUNTS)
City of Rialto
INVESTMENT INTEREST & GAINS/(LOSS) SCHEDULE
APRIL 2022
GENERAL POOLED FUNDS / INVESTMENTS
RSA BANK SWEEP ACCOUNT INTEREST
City of Rialto
TREASURER’S REPORT
-
GLOSSARY OF TERMS
A
ccrue
d
I
n
terest
‐
T
h
e
i
n
ter
e
s
t
tha
t
ha
s
acc
u
m
u
lated
o
n
a
b
o
n
d
si
n
ce
th
e
last
i
n
te
r
e
st
pay
me
n
t
u
p
to
,
bu
t
n
o
t
i
n
cl
ud
i
n
g,
th
e
se
ttl
e
me
n
t
dat
e
.
A
c
crued
i
n
terest
occ
u
r
s
a
s
a r
e
s
u
lt
o
f
th
e
d
i
ff
e
r
e
n
ce
in
t
i
m
i
n
g
o
f cash
flo
w
s
an
d
th
e
me
a
s
u
r
em
e
n
t
o
f
th
es
e
cash
fl
o
ws.
Call Date
-
Th
e
call date
is the
date
on which a bond can be redeemed before maturity. If the issuer feels there is a benefit to refinancing the issue, the bond may be
redeemed on the
call date
at par or at a small premium to par.
Coupon Rate
-
A coupon rate is the yield paid by a
fixed
-
income
security; a fixed
-
income security's coupon rate is
simply just the annual coupon
payments paid by the issuer relative to the bond's face or par value.
Credit Rating
-
The
credit rating
is a financial indicator to potential
investors
of debt securities such as bonds. These are assigned by
credit
rating
age
ncies such as Moody's, Standard & Poor's, and Fitch, which publish code designations (such as AAA, B, CC) to express their as sessment of
the risk quality of a
bond.
O
r
igi
n
a
l
Cost
/Amount Invested
‐
T
h
e
origi
n
al
c
o
s
t
o
f
a
n
a
s
s
e
t
tak
e
s
i
n
to
co
n
s
i
d
eration
all
o
f
th
e
costs
tha
t
c
a
n
b
e
attribut
e
d
to
its
pur
c
h
a
s
e
an
d
to
putt
i
n
g
th
e
a
sse
t
to
u
se
.
Market Value
-
is the price an asset would fetch in the marketplace, or the value that the investment community gives to a particular equity
or
business.
Par
Val
u
e
‐
T
h
e
f
a
c
e
v
a
l
u
e
o
f a
bond
.
Par
v
a
l
u
e
is
im
p
orta
n
t
f
or
a
bon
d
o
r
fixe
d
‐
i
n
come
i
n
str
u
me
n
t
b
e
c
a
u
s
e
it
d
e
t
e
r
m
i
n
e
s
i
t
s
m
a
turity
v
a
l
u
e
a
s
w
e
ll
a
s
th
e
d
ollar
v
a
l
u
e
o
f
co
upon pay
me
n
t
s
.
Realized Gain/
(
Loss
)
-
Realized gain/loss
is the cumulative amount of
realized gains
and
losses
resulting from the sale of securities. A
realized
loss
is the monetary value of a
loss
that results from a trade
StageCoach Sweep Account
–
A sweep account automatically transfers
cash funds into a safe but higher interest
-
earning investment option at the
close of each business day, e.g. into a money market fund.
Sweep accounts try to minimize idle cash drag by capitalizing on the immediate availability of higher
-
interest accounts.
City of Rialto
TREASURER’S REPORT
-
GLOSSARY OF TERMS
U
nr
ealiz
e
d
Gai
n
s
/
(L
o
ss)
‐
a
p
rofita
b
le/(l
o
si
n
g)
pos
i
t
i
o
n
tha
t
ha
s
y
e
t
to
b
e
cas
h
e
d
i
n
.
T
h
e
a
ct
ua
l
gai
n
/(lo
s
s
)
is
no
t
reali
z
e
d
unt
il
th
e
po
s
i
t
i
o
n
is
close
d
.
A
po
s
i
t
i
o
n
with
a
n
un
re
a
lized gain
m
a
y
e
v
e
n
t
ua
lly
turn
i
n
to
a
po
s
i
t
i
o
n
with
a
n
un
re
a
lized
l
o
ss
,
a
s
th
e
m
a
r
k
et
fl
u
ct
ua
t
e
s
an
d
v
i
c
e
v
e
r
s
a.
Yield
‐
T
h
e
i
n
co
m
e
return
o
n
a
n
i
n
ves
t
me
n
t.
T
h
i
s
r
e
fe
r
s
to
th
e
i
n
ter
e
st
o
r
d
i
v
i
d
e
nd
s
r
e
c
e
i
ve
d
fr
o
m
a
s
e
c
u
rity
an
d
is
ex
p
r
e
s
se
d
a
s
a
p
e
r
c
e
nta
ge
bas
e
d
o
n
th
e
i
n
ves
t
me
n
t
'
s
cost
and
its
current
m
a
r
k
et
v
a
l
u
e.