City of Richmond
Portfolio Management
Portfolio Summary
City of Richmond
Finance Department
450 Civic Center Plaza
Richmond, CA 94804
(510)620-67407/31/2025
3.90%
4.00%
4.10%
4.20%
4.30%
4.40%
4.50%
4.60%
4.70%
4.80%
4.90%
Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25 12-Month Book Yield
54.5%
0.0%
2.3%
3.0%
1.5%
0.7%
18.0%
11.5%
2.8%
5.8%
0% 10% 20% 30% 40% 50% 60%
NA*
A-
A
A+
AA-
AA
AA+
AAA
A-1
A-1+
S&P Ratings
*NA includes LAIF, CalTrust, Banking, CDs, and ABS that don't have an S&P Rating but are rated by other rating agencies
59.5%
8.6% 6.2% 7.1% 6.0%
12.7%
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
70.0%
Overnight 0-1 year 1-2 years 2-3 years 3-4 years 4-5 years Maturity Distribution
2 City of Richmond
Portfolio Management
Portfolio Summary
City of Richmond
Finance Department
450 Civic Center Plaza
Richmond, CA 94804
(510)620-67407/31/2025
200
220
240
260
280
300
320
340
360
380
400
Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25 12-Month Book Value History (in millions)
2,025,305
-
500,000
1,000,000
1,500,000
2,000,000
2,500,000
Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Mar-26 Apr-26 May-26 Jun-26 12-Month Investment Earnings
3 City of Richmond
Portfolio Management
Holdings Report
City of Richmond
Finance Department
450 Civic Center Plaza
Richmond, CA 94804
(510)620-6740
CALTRUST CalTrust Short Term Fund 4.200 4.20 07/31/25 0.00 1 0.00 NA 90,402,098.23 90,402,098.23 90,402,098.23 0.00 31846V567 FIRST AMER:GVT OBLG Z 4.170 4.18 07/31/25 0.00 1 0.00 AAAm 22,466,089.61 22,466,089.61 22,466,089.61 0.00 CALAIF California LAIF 4.260 4.26 07/31/25 0.00 1 0.02 NA 2,244.67 2,244.67 2,244.67 0.00 1690MEED Mechanics Bank 4.570 4.57 07/31/25 0.00 1 0.00 NA 110,423,677.93 110,423,677.93 110,423,677.93 0.00 912797QH3 UNITED STATES TREASURY 0.000 4.27 08/05/25 0.01 5 0.01 A-1+ 9,000,000.00 8,987,397.03 8,995,698.99 8,301.96 912797QH3 UNITED STATES TREASURY 0.000 4.28 08/05/25 0.01 5 0.01 A-1+ 5,000,000.00 4,995,318.33 4,997,610.55 2,292.22 912797MG9 UNITED STATES TREASURY 0.000 4.28 08/07/25 0.02 7 0.02 A-1+ 9,000,000.00 8,985,261.51 8,993,616.12 8,354.61 62479LXF7 MUFG Bank, Ltd., New York Branch 0.000 4.45 10/15/25 0.21 76 0.21 A-1 2,500,000.00 2,474,638.89 2,477,083.33 2,444.44 22533UAL7 Credit Agricole Corporate And Investment Bank, New 0.000 4.35 01/20/26 0.47 173 0.47 A-1 3,000,000.00 2,936,100.00 2,938,940.00 2,840.00 22533UBH5 Credit Agricole Corporate And Investment Bank, New 0.000 4.34 02/17/26 0.55 201 0.55 A-1 3,000,000.00 2,926,680.00 2,929,500.00 2,820.00 62479MDH3 MUFG Bank, Ltd., New York Branch 0.000 4.36 04/17/26 0.71 260 0.70 A-1 3,000,000.00 2,906,105.00 2,908,918.33 2,813.33 14041NGD7 COMET 2023-1 A 4.420 4.35 05/15/28 2.79 1019 0.76 AAA 3,641,000.00 3,642,848.94 3,641,891.35 (957.59) 91282CLS8 UNITED STATES TREASURY 4.125 4.06 10/31/26 1.25 457 1.20 AA+ 3,000,000.00 3,002,343.75 2,999,648.43 (2,695.32) 91282CJT9 UNITED STATES TREASURY 4.000 3.94 01/15/27 1.46 533 1.40 AA+ 3,600,000.00 3,602,812.50 3,597,187.50 (5,625.00) 3130AL5A8 FEDERAL HOME LOAN BANKS 0.900 4.04 02/26/27 1.57 575 1.53 AA+ 3,250,000.00 3,093,707.50 3,090,847.50 (2,860.00) 24422EXM6 JOHN DEERE CAPITAL CORP 4.850 4.03 03/05/27 1.59 582 1.49 A 3,000,000.00 3,038,160.00 3,029,760.00 (8,400.00) 3137F1G44 FHMS K-065 A2 3.243 4.11 04/25/27 1.73 633 1.57 AA+ 3,000,000.00 2,949,609.38 2,945,410.44 (4,198.94) 02582JKH2 AMXCA 2024-1 A 5.230 4.19 04/16/29 3.71 1355 1.60 AAA 2,525,000.00 2,568,299.81 2,565,804.78 (2,495.03) 17325FBN7 CITIBANK NA 4.576 4.25 05/29/27 1.83 667 1.66 A+ 3,000,000.00 3,016,560.00 3,008,820.00 (7,740.00) 91282CKV2 UNITED STATES TREASURY 4.625 3.85 06/15/27 1.87 684 1.77 AA+ 3,600,000.00 3,650,203.12 3,642,328.12 (7,875.00) 576004HD0 MASSACHUSETTS (COMMONWEALTH OF) 3.680 4.10 07/15/27 1.96 714 1.86 NA 2,335,000.00 2,316,903.75 2,305,695.75 (11,208.00) 023135BC9 AMAZON.COM INC 3.150 4.01 08/22/27 2.06 752 1.90 AA 3,000,000.00 2,949,210.00 2,943,540.00 (5,670.00) 02582JKM1 AMXCA 2025-1 A 4.560 4.14 12/17/29 4.38 1600 2.21 AAA 1,650,000.00 1,665,726.56 1,663,358.60 (2,367.96) 3130AMZY1 FEDERAL HOME LOAN BANKS 1.750 3.95 12/29/27 2.41 881 2.32 AA+ 2,745,000.00 2,606,761.80 2,600,613.00 (6,148.80) 9128283W8 UNITED STATES TREASURY 2.750 3.81 02/15/28 2.54 929 2.39 AA+ 3,600,000.00 3,507,609.38 3,500,156.27 (7,453.11) 89236TJF3 TOYOTA MOTOR CREDIT CORP 1.900 4.08 04/06/28 2.68 980 2.55 A+ 3,000,000.00 2,834,070.00 2,822,970.00 (11,100.00) 02582JKP4 AMXCA 2025-2 A 4.280 4.15 04/15/30 4.71 1719 2.51 AAA 3,091,000.00 3,101,383.84 3,098,088.81 (3,295.03) 91159HHS2 US BANCORP 3.900 4.20 04/26/28 2.74 1000 2.51 A 3,000,000.00 2,976,420.00 2,972,940.00 (3,480.00) 91282CND9 UNITED STATES TREASURY 3.750 3.87 05/15/28 2.79 1019 2.61 AA+ 3,000,000.00 2,990,625.00 2,989,453.14 (1,171.86) 05522RDK1 BACCT 2025-1 A 4.310 4.12 05/15/30 4.79 1749 2.58 AAA 3,000,000.00 3,015,234.39 3,011,770.17 (3,464.22) 91282CNH0 UNITED STATES TREASURY 3.875 3.78 06/15/28 2.88 1050 2.68 AA+ 3,600,000.00 3,609,000.00 3,599,718.77 (9,281.23) 3133EMLU4 FEDERAL FARM CREDIT BANKS FUNDING CORP 0.950 4.08 06/29/28 2.91 1064 2.81 AA+ 3,600,000.00 3,293,064.00 3,283,848.00 (9,216.00) 161571HZ0 CHAIT 2025-1 A 4.160 4.16 07/15/30 4.96 1810 2.96 AAA 3,000,000.00 2,999,939.70 2,996,573.55 (3,366.15) 3137HBLV4 FHMS K-514 A2 4.572 4.21 12/25/28 3.40 1243 2.96 AA+ 3,000,000.00 3,025,429.69 3,021,311.52 (4,118.17) 3137FKZZ2 FHMS K-088 A2 3.690 4.11 01/25/29 3.49 1274 3.13 AA+ 2,500,000.00 2,459,277.34 2,455,832.35 (3,444.99) 24422EXH7 JOHN DEERE CAPITAL CORP 4.500 4.20 01/16/29 3.46 1265 3.17 A 3,000,000.00 3,029,250.00 3,020,970.00 (8,280.00) 3137FLMV3 FHMS K-090 A2 3.422 4.14 02/25/29 3.57 1305 3.23 AAA 3,000,000.00 2,921,601.56 2,918,865.51 (2,736.05) 89231HAD8 TAOT 2025-B A3 4.340 4.25 11/15/29 4.29 1568 2.28 AAA 3,500,000.00 3,510,664.08 3,509,297.58 (1,366.51) 91282CEM9 UNITED STATES TREASURY 2.875 3.83 04/30/29 3.75 1369 3.48 AA+ 3,500,000.00 3,382,968.75 3,374,765.63 (8,203.13) 91282CKX8 UNITED STATES TREASURY 4.250 3.85 06/30/29 3.91 1430 3.57 AA+ 3,500,000.00 3,551,269.53 3,541,562.50 (9,707.03) 3137HFNZ4 FHMS K-528 A2 4.508 4.22 07/25/29 3.98 1455 3.55 AA+ 3,000,000.00 3,022,968.75 3,017,989.44 (4,979.31) 91282CLR0 UNITED STATES TREASURY 4.125 3.91 10/31/29 4.25 1553 3.83 AA+ 3,000,000.00 3,024,492.19 3,022,500.00 (1,992.19) 857449AE2 STATE STREET BANK AND TRUST CO 4.782 4.25 11/23/29 4.31 1576 3.83 AA- 3,000,000.00 3,062,670.00 3,053,730.00 (8,940.00) 91282CMD0 UNITED STATES TREASURY 4.375 3.92 12/31/29 4.42 1614 3.97 AA+ 3,000,000.00 3,054,843.75 3,052,734.39 (2,109.36) 91282CMG3 UNITED STATES TREASURY 4.250 3.93 01/31/30 4.50 1645 4.07 AA+ 3,000,000.00 3,039,726.56 3,037,734.39 (1,992.17) 91282CGQ8 UNITED STATES TREASURY 4.000 3.92 02/28/30 4.58 1673 4.09 AA+ 3,000,000.00 3,010,078.13 3,008,437.50 (1,640.63) 742718FH7 PROCTER & GAMBLE CO 3.000 4.21 03/25/30 4.65 1698 4.23 AA- 3,000,000.00 2,846,970.00 2,847,360.00 390.00 91282CGS4 UNITED STATES TREASURY 3.625 3.90 03/31/30 4.67 1704 4.20 AA+ 3,500,000.00 3,459,121.09 3,451,328.13 (7,792.97) 91282CMZ1 UNITED STATES TREASURY 3.875 3.93 04/30/30 4.75 1734 4.26 AA+ 3,000,000.00 2,992,382.81 2,991,093.75 (1,289.06) 58933YBJ3 MERCK & CO INC 4.300 4.20 05/17/30 4.79 1751 4.20 A+ 3,000,000.00 3,013,020.00 2,999,220.00 (13,800.00) Par Value Book Value Market Value
Unrealized
Gain/Loss
7/31/2025
Identifier Issuer Coupon Rate Book Yield Maturity WAM
Days to
Mty.
Effective
Duration S&P
4 City of Richmond
Portfolio Management
Holdings Report
City of Richmond
Finance Department
450 Civic Center Plaza
Richmond, CA 94804
(510)620-6740
Par Value Book Value Market Value
Unrealized
Gain/Loss
7/31/2025
Identifier Issuer Coupon Rate Book Yield Maturity WAM
Days to
Mty.
Effective
Duration S&P
3140NYEY3 FN BZ3750 4.210 4.31 06/01/30 4.84 1766 4.26 AA+ 2,390,000.00 2,373,101.95 2,371,639.64 (1,462.31) 91282CHJ3 UNITED STATES TREASURY 3.750 3.91 06/30/30 4.91 1795 4.43 AA+ 3,500,000.00 3,474,433.59 3,466,640.63 (7,792.97) 713448GH5 PEPSICO INC 4.300 4.39 07/23/30 4.98 1818 4.41 A+ 3,000,000.00 2,987,460.00 2,986,950.00 (510.00) Totals 3.80 4.27 1.15 422 0.96 386,421,110.44 385,177,834.39 384,995,864.90 (181,969.53) 5 City of Richmond
Portfolio Management
Accrued Interest/Earnings Report
City of Richmond
Finance Department
450 Civic Center Plaza
Richmond, CA 94804
(510)620-6740
31846V567 FIRST AMER:GVT OBLG Z 22,466,089.61 7/31/2025 4.170 0.00 0.00 0.00 0.00 152,125.59 0.00 152,125.59 CCYUSD Receivable 152,125.59 7/31/2025 0.000 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3137FLMV3 FHMS K-090 A2 3,000,000.00 2/25/2029 3.422 0.00 8,555.00 -5,988.50 0.00 2,566.50 0.00 2,566.50 3137HBLV4 FHMS K-514 A2 3,000,000.00 12/25/2028 4.572 0.00 11,430.00 -8,001.00 0.00 3,429.00 0.00 3,429.00 3137FKZZ2 FHMS K-088 A2 2,500,000.00 1/25/2029 3.690 0.00 7,687.50 -5,637.50 0.00 2,050.00 0.00 2,050.00 742718FH7 PROCTER & GAMBLE CO 3,000,000.00 3/25/2030 3.000 0.00 31,500.00 -29,000.00 0.00 2,500.00 0.00 2,500.00 3137F1G44 FHMS K-065 A2 3,000,000.00 4/25/2027 3.243 0.00 8,107.50 -5,945.50 0.00 2,162.00 0.00 2,162.00 3137HFNZ4 FHMS K-528 A2 3,000,000.00 7/25/2029 4.508 0.00 11,270.00 -8,264.67 0.00 3,005.33 0.00 3,005.33 3130AL5A8 FEDERAL HOME LOAN BANKS 3,250,000.00 2/26/2027 0.900 0.00 12,593.75 -11,781.25 0.00 812.50 0.00 812.50 161571HZ0 CHAIT 2025-1 A 3,000,000.00 7/15/2030 4.160 0.00 2,080.00 0.00 0.00 2,080.00 0.00 2,080.00 91282CEM9 UNITED STATES TREASURY 3,500,000.00 4/30/2029 2.875 0.00 25,429.69 -22,695.31 0.00 2,734.38 0.00 2,734.38 91282CKX8 UNITED STATES TREASURY 3,500,000.00 6/30/2029 4.250 0.00 12,934.78 -8,892.66 0.00 4,042.12 0.00 4,042.12 9128283W8 UNITED STATES TREASURY 3,600,000.00 2/15/2028 2.750 0.00 45,671.27 -42,936.46 0.00 2,734.81 0.00 2,734.81 58933YBJ3 MERCK & CO INC 3,000,000.00 5/17/2030 4.300 0.00 26,516.67 -23,291.67 0.00 3,225.00 0.00 3,225.00 24422EXH7 JOHN DEERE CAPITAL CORP 3,000,000.00 1/16/2029 4.500 0.00 5,625.00 -2,250.00 0.00 3,375.00 0.00 3,375.00 91282CGS4 UNITED STATES TREASURY 3,500,000.00 3/31/2030 3.625 0.00 42,638.32 -39,171.79 0.00 3,466.53 0.00 3,466.53 91282CNH0 UNITED STATES TREASURY 3,600,000.00 6/15/2028 3.875 0.00 17,913.93 -14,102.46 0.00 3,811.47 0.00 3,811.47 91282CJT9 UNITED STATES TREASURY 3,600,000.00 1/15/2027 4.000 0.00 6,652.17 -2,739.13 0.00 3,913.04 0.00 3,913.04 91282CKV2 UNITED STATES TREASURY 3,600,000.00 6/15/2027 4.625 0.00 21,381.15 -16,831.96 0.00 4,549.19 0.00 4,549.19 857449AE2 STATE STREET BANK AND TRUST CO 3,000,000.00 11/23/2029 4.782 0.00 27,098.00 -23,511.50 0.00 3,586.50 0.00 3,586.50 91282CHJ3 UNITED STATES TREASURY 3,500,000.00 6/30/2030 3.750 0.00 11,413.04 -7,846.47 0.00 3,566.57 0.00 3,566.57 17325FBN7 CITIBANK NA 3,000,000.00 5/29/2027 4.576 0.00 23,642.67 -20,592.00 0.00 3,050.67 0.00 3,050.67 24422EXM6 JOHN DEERE CAPITAL CORP 3,000,000.00 3/5/2027 4.850 0.00 59,008.33 -55,775.00 0.00 3,233.33 0.00 3,233.33 023135BC9 AMAZON.COM INC 3,000,000.00 8/22/2027 3.150 0.00 41,737.50 -39,637.50 0.00 2,100.00 0.00 2,100.00 89236TJF3 TOYOTA MOTOR CREDIT CORP 3,000,000.00 4/6/2028 1.900 0.00 18,208.33 -16,941.67 0.00 1,266.66 0.00 1,266.66 912797QC4 UNITED STATES TREASURY 0.00 7/29/2025 0.000 0.00 0.00 0.00 0.00 0.00 4,670.32 4,670.32 912797PG6 UNITED STATES TREASURY 0.00 7/31/2025 0.000 0.00 0.00 0.00 0.00 0.00 7,334.25 7,334.25 912797QH3 UNITED STATES TREASURY 9,000,000.00 8/5/2025 0.000 0.00 0.00 0.00 0.00 0.00 0.00 0.00 912797MG9 UNITED STATES TREASURY 9,000,000.00 8/7/2025 0.000 0.00 0.00 0.00 0.00 0.00 0.00 0.00 22533UBH5 Credit Agricole Corporate And Investment Bank, New 3,000,000.00 2/17/2026 0.000 0.00 0.00 0.00 0.00 0.00 0.00 0.00 62479MDH3 MUFG Bank, Ltd., New York Branch 3,000,000.00 4/17/2026 0.000 0.00 0.00 0.00 0.00 0.00 0.00 0.00 91282CLS8 UNITED STATES TREASURY 3,000,000.00 10/31/2026 4.125 0.00 31,273.78 -28,919.84 0.00 2,353.94 0.00 2,353.94 91282CND9 UNITED STATES TREASURY 3,000,000.00 5/15/2028 3.750 0.00 23,845.11 -21,705.16 0.00 2,139.95 0.00 2,139.95 22533UAL7 Credit Agricole Corporate And Investment Bank, New 3,000,000.00 1/20/2026 0.000 0.00 0.00 0.00 0.00 0.00 0.00 0.00 713448GH5 PEPSICO INC 3,000,000.00 7/23/2030 4.300 0.00 2,866.67 -716.67 0.00 2,150.00 0.00 2,150.00 3130AMZY1 FEDERAL HOME LOAN BANKS 2,745,000.00 12/29/2027 1.750 0.00 4,270.00 -3,469.38 0.00 800.62 0.00 800.62 62479LXF7 MUFG Bank, Ltd., New York Branch 2,500,000.00 10/15/2025 0.000 0.00 0.00 0.00 0.00 0.00 0.00 0.00 912797QH3 UNITED STATES TREASURY 5,000,000.00 8/5/2025 0.000 0.00 0.00 0.00 0.00 0.00 0.00 0.00 912797PG6 UNITED STATES TREASURY 0.00 7/31/2025 0.000 0.00 0.00 0.00 0.00 0.00 2,090.00 2,090.00 912797QC4 UNITED STATES TREASURY 0.00 7/29/2025 0.000 0.00 0.00 0.00 0.00 0.00 698.10 698.10 3133EMLU4 FEDERAL FARM CREDIT BANKS FUNDING CORP 3,600,000.00 6/29/2028 0.950 0.00 3,040.00 -2,850.00 0.00 190.00 0.00 190.00 89231HAD8 TAOT 2025-B A3 3,500,000.00 11/15/2029 4.340 0.00 6,751.11 -5,907.22 0.00 843.89 0.00 843.89 3140NYEY3 FN BZ3750 2,390,000.00 6/1/2030 4.210 0.00 8,664.41 -8,384.92 0.00 279.49 0.00 279.49 02582JKP4 AMXCA 2025-2 A 3,091,000.00 4/15/2030 4.280 0.00 5,879.77 -5,144.80 0.00 734.97 0.00 734.97 14041NGD7 COMET 2023-1 A 3,641,000.00 5/15/2028 4.420 0.00 7,152.54 -6,705.51 0.00 447.03 0.00 447.03 91159HHS2 US BANCORP 3,000,000.00 4/26/2028 3.900 0.00 30,875.00 -30,550.00 0.00 325.00 0.00 325.00 02582JKH2 AMXCA 2024-1 A 2,525,000.00 4/16/2029 5.230 0.00 5,869.22 -5,502.40 0.00 366.82 0.00 366.82 05522RDK1 BACCT 2025-1 A 3,000,000.00 5/15/2030 4.310 0.00 5,746.67 -5,387.50 0.00 359.17 0.00 359.17 02582JKM1 AMXCA 2025-1 A 1,650,000.00 12/17/2029 4.560 0.00 3,344.00 -3,135.00 0.00 209.00 0.00 209.00 91282CMG3 UNITED STATES TREASURY 3,000,000.00 1/31/2030 4.250 0.00 346.47 0.00 0.00 346.47 0.00 346.47 Interest Income
Realized
Gains/Losses Earnings
7/1/2025 - 7/31/2025
Identifier Issuer
Ending Par
Value Maturity
Coupon
Rate
Beginning
Accrued Ending Accrued
Purchased
Accrued Interest Received
6 City of Richmond
Portfolio Management
Accrued Interest/Earnings Report
City of Richmond
Finance Department
450 Civic Center Plaza
Richmond, CA 94804
(510)620-6740
Interest Income
Realized
Gains/Losses Earnings
7/1/2025 - 7/31/2025
Identifier Issuer
Ending Par
Value Maturity
Coupon
Rate
Beginning
Accrued Ending Accrued
Purchased
Accrued Interest Received
91282CMZ1 UNITED STATES TREASURY 3,000,000.00 4/30/2030 3.875 0.00 29,378.40 -29,062.50 0.00 315.90 0.00 315.90 91282CMD0 UNITED STATES TREASURY 3,000,000.00 12/31/2029 4.375 0.00 11,413.04 -11,056.39 0.00 356.65 0.00 356.65 91282CLR0 UNITED STATES TREASURY 3,000,000.00 10/31/2029 4.125 0.00 31,273.78 -30,937.50 0.00 336.28 0.00 336.28 91282CGQ8 UNITED STATES TREASURY 3,000,000.00 2/28/2030 4.000 0.00 50,217.39 -49,891.30 0.00 326.09 0.00 326.09 576004HD0 MASSACHUSETTS (COMMONWEALTH OF) 2,335,000.00 7/15/2027 3.680 0.00 3,819.02 -3,819.02 0.00 0.00 0.00 0.00 1690MEED Mechanics Bank 110,423,677.93 7/31/2025 4.570 0.00 0.00 0.00 445,547.91 445,547.91 0.00 445,547.91 CALTRUST CalTrust Short Term Fund 90,402,098.23 7/31/2025 4.200 0.00 0.00 0.00 519,676.81 519,676.81 0.00 519,676.81 CALAIF California LAIF 2,244.67 7/31/2025 4.260 0.00 0.00 0.00 813,019.66 813,019.66 0.00 813,019.66 Totals 386,573,236.03 0.00 745,120.98 -664,979.11 1,778,244.38 2,010,511.84 14,792.67 2,025,304.51 7