ATTACHMENT 1
CASH AND INVESTMENT REPORT
CITY OF RIVERSIDE
Quarterly Investment Report
June 30, 2022
AMORTIZED MARKET
COST VALUE
POOLED INVESTMENT PORTFOLIO
Deposit Accounts 165,877,455.67$ 165,877,455.67$
Joint Powers Authority Pool 131,755,887.22 131,755,887.22 Local Agency Investment Fund (LAIF) 100,118,217.50 100,118,217.50 Certificates of Deposit 3,974,475.71 3,973,172.00 Medium Term Notes 158,451,946.98 148,471,902.08 U.S. Govt Agency Mortgage Backed Securities 34,003,415.18 33,108,091.81 Asset Backed Securities 68,736,886.14 66,956,337.94 Supranational Securities 37,090,512.00 34,457,769.11 U.S. Govt Agency Securities 119,069,564.65 113,001,105.94 U.S. Treasury Notes/Bonds 197,193,499.45 191,126,684.95 TOTAL POOLED INVESTMENT PORTFOLIO 1,016,271,860.50 988,846,624.22
INVESTMENTS HELD BY FISCAL AGENT -
SECTION 115 PENSION TRUST FUND 20,103,998.43 19,423,387.15 OTHER INVESTMENTS HELD BY FISCAL AGENT 98,423,435.19 96,401,434.26 OTHER MISCELLANEOUS CASH 3,672,018.57 3,672,018.57 TOTAL CASH & INVESTMENTS 1,138,471,312.69$ 1,108,343,464.20$ Verified by:
Nancy Garcia, Controller
Approved by:
Edward P. Enriquez, Chief Financial Officer/Treasurer
It has been verified that this investment portfolio is in conformity, exclusive of items identified, with the City of Riverside's investment policy which was approved by City Council on 3/11/2020. The Treasurer's cash management program and cash flow analysis indicates that sufficient liquidity is on hand to meet estimated future expenditures for a period of six months. The weighted average maturity of the City's investment portfolio is 1.58 years. Market prices of securities are obtained from Interactive Data Corporation. Weighted average yield on cost for the City's investment portfolio is 1.23%. The cash held and invested with fiscal agents is subject to the investment provisions of the related trust indentures associated with the bond transaction which generated the cash.
19%
17%
15%
13%
11%
10%
7% 4% 3% 1%
COMPOSITION OF POOLED
PORTFOLIO
U.S. Treasury Notes/Bonds (19.33%)
Deposit Accounts (16.78%)
Medium Term Notes (15.01%)
Joint Powers Authority Pool (13.32%)
U.S. Govt Agency Securities (11.43%)
Local Agency Investment Fund (10.12%)
Asset Backed Securities (6.77%)
Supranational Securities (3.49%)
U.S. Govt Agency Mortgate Backed (3.35%)
Certificates of Deposit (0.40%)
$335,876
$284,702
$115,477
$109,137
$78,996 $64,659
COMPOSITION OF POOLED
PORTFOLIO BY FUND
Electric Fund (33.97%)
All Other Funds (28.79%)
General Fund (11.68%)
Sewer Fund (11.04%)
Grants & Restricted Prgms (7.99%)
Measure Z Fund (6.53%)
DESCRIPTION COUPON MATURITY *INVEST PURCH COST MARKET
OF SECURITY RATE DATE RATING DATE VALUE VALUE
DEPOSIT ACCOUNTS
Bank of America Checking and Reserve N/A Varies NR Varies 142,395,412.38 142,395,412.38 Federated Investors Federated Treasury N/A Varies AAA Varies 18,309,514.35 18,309,514.35 Citizens Business Bank N/A Varies NR Varies 5,172,528.94 5,172,528.94 SUBTOTAL DEPOSIT ACCOUNTS 165,877,455.67 165,877,455.67
JOINT POWERS AUTHORITY POOL
California Asset Management Program (CAMP) N/A Varies AAA Varies 131,755,887.22 131,755,887.22 SUBTOTAL JOINT POWERS AUTHORITY POOL 131,755,887.22 131,755,887.22 LOCAL AGENCY INVESTMENT FUND (LAIF) N/A Varies NR Varies 100,118,217.50 100,118,217.50
CERTIFICATES OF DEPOSIT
Westpac Banking Corp NY Yankee CD 0.300 10/26/22 A-1+ 05/25/22 3,974,475.71 3,973,172.00 SUBTOTAL CERTIFICATES OF DEPOSIT 3,974,475.71 3,973,172.00
MEDIUM TERM NOTES
Exxon Mobil Corp 1.902 08/16/22 AA- 08/13/19 2,375,000.00 2,371,867.38 Berkshire Hathaway 2.750 03/15/23 AA 05/09/19 4,451,187.75 4,434,764.95 Toyota Motor Credit Corp 3.450 09/20/23 A+ 02/19/19 2,470,070.70 2,435,861.16 Charles Schwab Corp 0.750 03/18/24 A 03/16/21 1,954,022.50 1,876,436.37 Amazon.com Inc 0.450 05/12/24 AA 05/10/21 3,649,663.70 3,477,984.70 John Deere Capital Corp 0.450 06/07/24 A 06/07/21 2,077,400.00 1,966,463.20 Salesforce.com Inc 0.625 07/15/24 A+ 06/29/21 1,064,456.85 1,008,676.41 Royal Bank of Canada 2.250 11/01/24 A 02/06/20 3,037,950.00 2,898,486.00 John Deere Capital Corp 2.050 01/09/25 A 02/06/20 3,024,810.00 2,907,090.00 American Honda Finance 1.500 01/13/25 A- Various 4,483,050.30 4,273,708.50 Toyota Motor Credit Corp 1.800 02/13/25 A+ 05/05/21 2,072,840.00 1,908,338.00 JP Morgan Chase & Co 3.220 03/01/25 A- 08/18/20 3,238,920.00 2,948,457.00 Chubb INA Holdings Inc 3.150 03/15/25 A Various 6,518,943.13 5,849,449.43 Bank of America Corp 3.458 03/15/25 A- 04/23/20 5,263,900.00 4,931,445.00 Royal Bank of Canada 3.375 04/14/25 A 04/14/22 1,497,420.00 1,481,032.50 Bank of Montreal 1.850 05/01/25 A- 08/12/21 5,162,100.00 4,744,185.00 Caterpillar Financial Service 3.400 05/13/25 A 05/10/22 2,736,520.20 2,735,405.02 Qualcomm Inc 3.450 05/20/25 A Various 5,245,703.20 4,978,965.00 Morgan Stanley 0.790 05/30/25 A- Various 7,461,656.65 6,964,964.44 Honeywell Intl 1.350 06/01/25 A 06/23/20 5,119,000.00 4,710,480.00 Royal Bank of Canada 1.150 06/10/25 A Various 5,044,880.00 4,630,215.00 American Honda Finance 1.200 07/08/25 A- 06/22/21 2,017,540.00 1,847,472.00 Toronto Dominion Bank 0.750 09/11/25 A 09/15/20 4,986,850.00 4,518,650.00 National Rural Utilities 3.250 11/01/25 A- 04/14/22 2,994,000.00 2,929,044.00 Simon Property Group 3.300 01/15/26 A- 08/11/21 4,750,593.75 4,236,229.38 Goldman Sachs Group Inc 0.855 02/12/26 BBB+ 06/18/21 4,334,706.25 3,983,542.50 Bank of America Corp 2.015 02/13/26 A- 03/04/21 2,066,760.00 1,876,136.00 JP Morgan Chase & Co 2.005 03/13/26 A- 03/12/21 3,086,490.00 2,811,744.00 Citigroup Inc 3.106 04/08/26 BBB+ Various 6,788,825.00 6,125,049.00 JP Morgan Chase & Co 2.083 04/22/26 A- 06/23/21 3,105,570.00 2,807,724.00
CITY OF RIVERSIDE
Pooled Investment Portfolio Holdings
June 30, 2022
DESCRIPTION COUPON MATURITY *INVEST PURCH COST MARKET
OF SECURITY RATE DATE RATING DATE VALUE VALUE
CITY OF RIVERSIDE
Pooled Investment Portfolio Holdings
June 30, 2022
Guardian Life Glob Fun 1.250 05/13/26 AA+ 02/09/22 2,307,168.00 2,166,924.00 United Health Group Inc 1.150 05/15/26 A+ Various 2,852,118.20 2,722,956.00 Toyota Motor Credit Corp 1.125 06/18/26 A+ Various 4,989,707.50 4,521,275.01 Bank of America Corp 1.319 06/19/26 A- 06/18/21 2,004,120.00 1,816,542.00 Met Tower Global Funding 1.250 09/14/26 AA- 09/07/21 2,927,304.40 2,604,233.81 Bank of Montreal 1.250 09/15/26 A- Various 2,495,539.50 2,217,577.50 Wal-Mart Stores 1.050 09/17/26 AA 09/08/21 1,332,476.85 1,215,580.25 Metlife 1.875 01/11/27 AA- 01/03/22 4,240,160.70 3,857,507.91 Toronto-Dominion Bank 1.950 01/12/27 A 01/25/22 992,295.35 905,863.01 Charles Schwab Corp 2.450 03/03/27 A 03/01/22 1,668,196.40 1,559,698.17 Goldman Sachs Group Inc 1.431 03/09/27 BBB+ Various 2,914,727.50 2,884,183.25 Berkshire Hathaway 2.300 03/15/27 AA 03/07/22 4,924,064.25 4,658,660.93 Amazon.com Inc 3.300 04/13/27 AA 04/25/22 2,994,810.00 2,946,708.00 Virginia Electric Power Corp 3.750 05/15/27 BBB+ Various 4,008,326.95 3,966,032.00 Citigroup Inc 1.462 06/09/27 BBB+ 06/21/22 1,753,880.00 1,770,370.00 Merck & Co 1.700 06/10/27 A+ 06/23/22 3,966,221.40 3,987,924.30 SUBTOTAL MEDIUM TERM NOTES 158,451,946.98 148,471,902.08 U.S. GOVERNMENT AGENCY MORTGAGE BACKED SECURITIES
FHLMC - K026 A2 2.510 11/25/22 NR 04/16/19 9,191,882.71 9,230,674.63 FHLMC - K723 A2 2.454 08/25/23 NR 07/16/19 9,486,656.88 9,315,526.78 FHLMC - K041 A2 3.171 10/25/24 AAA 07/01/21 5,378,515.63 4,976,565.00 FHLMC - K047 A2 3.329 05/25/25 NR 05/20/22 5,028,906.25 4,986,275.00 FHLMC - K049 A2 3.010 07/25/25 NR 06/23/21 1,789,016.21 1,635,539.40 FHLMC - K059 A2 3.120 09/25/26 AAA 02/18/22 3,128,437.50 2,963,511.00 SUBTOTAL U.S. GOVERNMENT AGENCY MORTGAGE BACKED SECURITIES 34,003,415.18 33,108,091.81 U.S. GOVERNMENT AGENCY ASSET BACKED SECURITIES
Honda Auto Receivables 1.610 04/22/24 NR 02/19/20 1,497,432.36 1,488,336.67 Hyundai Auto Lease Trust 0.330 06/17/24 AAA 06/08/21 2,789,581.50 2,717,513.01 John Deere Owner Trust 1.100 08/15/24 NR 03/04/20 1,066,525.58 1,055,798.98 Toyota Auto Receivables Trust 0.440 10/15/24 AAA 07/21/20 1,305,448.56 1,287,710.07 Honda Auto Receivables Trust 0.370 10/18/24 AAA 09/22/20 1,774,369.40 1,742,491.54 GM Financial Auto Lease Trust 0.390 10/21/24 AAA 04/18/22 1,572,855.47 1,567,973.70 Toyota Lease Owner Trust 0.420 10/21/24 NR 07/27/21 2,484,966.45 2,394,401.87 John Deere Owner Trust 0.510 11/15/24 NR 07/14/20 603,145.95 593,294.71 Mercedes-Benz Auto Lease Trust 0.400 11/15/24 AAA 06/22/21 2,589,804.46 2,507,438.57 BMW Vehicle Lease Trust 0.330 12/26/24 NR 09/08/21 1,624,832.30 1,577,376.14 Hyundai Auto Lease Trust 1.160 01/15/25 AAA 01/11/22 2,074,954.14 2,004,582.80 Toyota Lease Owner Trust 1.960 02/20/25 AAA 02/23/22 4,384,309.80 4,273,906.03 GM Financial Auto Lease Trust 1.900 03/20/25 NR 02/15/22 3,599,969.04 3,504,466.80 BMW Vehicle Lease Trust 1.100 03/25/25 AAA 01/11/22 1,719,742.86 1,660,651.40 Honda Auto Receivables Trust 0.270 04/21/25 NR 02/17/21 1,129,979.32 1,103,145.55 Toyota Auto Receivables Owners 0.260 05/15/25 NR 02/02/21 4,144,230.69 4,047,505.46 GM Financial Auto Lease Trust 3.420 06/20/25 AAA 05/03/22 2,399,749.68 2,387,743.20 Hyundai Auto Receivables Trust 0.380 09/15/25 AAA 04/20/21 1,474,844.83 1,424,690.70 John Deere Owner Trust 0.360 09/15/25 NR 03/02/21 1,624,687.68 1,562,450.50 Hyundai Auto Receivables Trust 0.380 01/15/26 AAA 07/20/21 4,713,959.40 4,526,404.72 Honda Auto Receivables Trust 0.880 01/21/26 NR 11/16/21 1,749,631.10 1,669,032.75 John Deere Owner Trust 0.520 03/16/26 NR 07/13/21 2,204,803.31 2,092,397.27 DESCRIPTION COUPON MATURITY *INVEST PURCH COST MARKET
OF SECURITY RATE DATE RATING DATE VALUE VALUE
CITY OF RIVERSIDE
Pooled Investment Portfolio Holdings
June 30, 2022
Honda Auto Receivables Trust 1.880 05/15/26 AAA 02/15/22 2,814,576.62 2,725,111.42 Hyundai Auto Receivables Trust 0.740 05/15/26 AAA 11/09/21 1,249,721.00 1,194,440.00 BMW Vehicle Owner Trust 3.210 08/25/26 AAA 05/10/22 1,999,896.00 1,979,170.00 GM Financial Securitized Term 0.680 09/16/26 AAA 10/13/21 1,334,965.96 1,267,518.42 John Deere Owner Trust 2.320 09/16/26 NR 03/10/22 1,724,618.43 1,681,062.53 Hyundai Auto Receivables Trust 2.220 10/15/26 AAA 03/09/22 3,079,881.42 2,985,139.11 GM Financial Auto Receivables 1.260 11/16/26 AAA 01/11/22 1,139,900.93 1,090,717.80 GM Financial Securitized ART 3.100 02/16/27 AAA 04/05/22 1,674,649.93 1,659,829.53 American Express Credit Trust 3.390 05/17/27 AAA 05/17/22 5,188,851.97 5,184,036.69 SUBTOTAL U.S. GOVERNMENT AGENCY ASSET BACKED SECURITIES 68,736,886.14 66,956,337.94
SUPRANATIONAL SECURITIES
Inter-American Dev Bank 0.500 09/23/24 AAA 09/15/21 8,403,776.60 7,953,841.60 Intl. Bank Recon & Development 0.625 04/22/25 AAA 04/15/20 4,278,378.35 4,011,907.96 Inter-American Dev Bank 0.625 07/15/25 AAA 01/13/21 5,071,967.50 4,681,324.75 Intl. Bank Recon & Development 0.500 10/28/25 AAA Various 9,994,372.85 9,179,620.00 Inter-American Dev Bank 0.875 04/20/26 AAA 04/13/21 9,342,016.70 8,631,074.80 SUBTOTAL SUPRANATIONAL SECURITIES 37,090,512.00 34,457,769.11 U.S. GOVERNMENT AGENCY SECURITIES
FHLMC 0.375 05/05/23 AA+ 05/05/20 4,758,000.80 4,660,354.16 FNMA 0.250 05/22/23 AA+ 05/20/20 7,651,898.25 7,500,386.08 FHLMC 0.250 06/26/23 AA+ 06/24/20 5,588,633.40 5,455,380.13 FNMA 0.250 07/10/23 AA+ 07/08/20 4,445,421.75 4,337,027.15 FHLMC 0.250 08/24/23 AA+ 08/19/20 7,507,334.70 7,291,654.20 FHLMC 0.125 10/16/23 AA+ Various 9,961,598.25 9,650,930.01 FHLMC 0.250 11/06/23 AA+ 11/03/20 9,331,594.00 9,014,902.62 FHLB 2.750 12/13/24 AA+ 02/06/20 5,281,300.00 4,969,165.00 FNMA 1.625 01/07/25 AA+ 03/04/20 8,281,440.00 7,730,984.00 FHLMC 1.500 02/12/25 AA+ 02/13/20 6,599,914.15 6,354,419.51 FHLB 2.375 03/14/25 AA+ 03/19/20 6,346,620.00 5,889,222.00 FNMA 0.625 04/22/25 AA+ 04/22/20 5,199,267.40 4,876,367.23 FHLB 0.500 06/13/25 AA+ 06/29/20 5,007,400.00 4,649,920.00 FNMA 0.500 06/17/25 AA+ 06/17/20 6,506,503.60 6,053,885.20 FHLMC 0.375 07/21/25 AA+ 07/21/20 4,606,942.60 4,275,230.88 FNMA 0.375 08/25/25 AA+ Various 7,962,282.50 7,354,976.00 FHLMC 0.375 09/23/25 AA+ Various 7,970,197.55 7,343,560.01 FNMA 0.500 11/07/25 AA+ 11/09/20 6,063,215.70 5,592,741.76 SUBTOTAL U.S. GOVERNMENT AGENCY SECURITIES 119,069,564.65 113,001,105.94 U.S. GOVERNMENT TREASURY SECURITIES
US Treasury 1.625 05/31/23 AA+ 10/31/19 7,020,781.25 6,919,339.00 US Treasury 0.125 05/31/23 AA+ 06/18/21 6,233,398.44 6,094,968.75 US Treasury 2.625 06/30/23 AA+ Various 9,934,024.79 9,972,270.00 US Treasury 1.625 10/31/23 AA+ 10/31/19 12,441,656.25 12,191,717.20 US Treasury 2.875 11/30/23 AA+ 01/09/19 3,044,882.81 2,998,125.00 US Treasury 2.250 01/31/24 AA+ 06/05/19 10,671,445.31 10,388,437.50 US Treasury 2.000 04/30/24 AA+ Various 17,578,257.82 17,109,768.00 DESCRIPTION COUPON MATURITY *INVEST PURCH COST MARKET
OF SECURITY RATE DATE RATING DATE VALUE VALUE
CITY OF RIVERSIDE
Pooled Investment Portfolio Holdings
June 30, 2022
US Treasury 0.250 06/15/24 AA+ 06/18/21 4,965,429.69 4,745,510.00 US Treasury 1.750 06/30/24 AA+ 09/09/19 9,358,759.77 9,036,093.75 US Treasury 1.500 02/15/25 AA+ Various 15,947,968.76 15,875,442.00 US Treasury 1.125 02/28/25 AA+ 03/24/20 6,177,656.25 5,716,404.00 US Treasury 1.750 03/15/25 AA+ 05/04/22 4,827,539.06 4,839,060.00 US Treasury 2.750 05/15/25 AA+ Various 9,795,000.00 9,932,810.00 US Treasury 0.250 09/30/25 AA+ 10/16/20 6,975,937.50 6,402,536.00 US Treasury 0.375 12/31/25 AA+ 12/29/20 2,249,824.22 2,053,037.25 US Treasury 0.375 01/31/26 AA+ Various 8,625,488.28 7,965,921.25 US Treasury 0.750 03/31/26 AA+ 03/30/21 3,969,843.75 3,678,592.00 US Treasury 0.750 05/31/26 AA+ Various 9,942,773.44 9,161,330.00 US Treasury 0.750 08/31/26 AA+ Various 5,170,878.90 4,785,495.75 US Treasury 1.125 10/31/26 AA+ Various 12,919,453.14 12,000,118.00 US Treasury 1.500 01/31/27 AA+ Various 15,585,117.20 15,428,143.50 US Treasury 2.750 04/30/27 AA+ Various 13,757,382.82 13,831,566.00 SUBTOTAL U.S. GOVERNMENT TREASURY SECURITIES 197,193,499.45 191,126,684.95
TOTAL POOLED CASH & INVESTMENTS 1,016,271,860.50 988,846,624.22 *The City uses S&P ratings
DESCRIPTION COST MARKET
OF SECURITY VALUE VALUE
CASH AND EQUIVALENTS
Cash 39,082.44 39,082.44
First American Government Obligation Fund CL "Z" 1,960,732.45 1,960,732.45 SUBTOTAL CASH AND EQUIVALENTS 1,999,814.89 1,999,814.89
MUTUAL FUNDS - EQUITY
Ishares Core - S P500 Etf 2,522,065.24 2,581,253.20
Ishares S P - 500 Growth Etf 1,040,982.57 1,037,778.60
Ishares S P - 500 Value Etf 1,177,485.04 1,187,791.86
Ishares - Russell Mid Cap Etf 872,669.28 833,014.78
Ishares - Russell 2000 Value Etf 712,519.91 689,463.60
Ishares - Russell 2000 Growth Etf 746,250.06 650,701.74 Ishares Core - Msci Eafe Etf 956,043.06 895,461.60
Vanguard Ftse - Emerging Markets Etf 608,316.22 580,351.10 Vanguard Real - Estate Etf 331,713.83 326,720.46
SUBTOTAL MUTUAL FUNDS - EQUITY 8,968,045.21 8,782,536.94
MUTUAL FUNDS - FIXED INCOME
Ishares Core - U.S. Aggregate Bond Etf 6,870,607.14 6,460,747.20 Vanguard High - Yield Corporate Adm 202,999.38 187,507.80 Vanguard - Short Term Invt Grade #539 2,062,531.81 1,992,780.32 SUBTOTAL MUTUAL FUNDS - FIXED INCOME 9,136,138.33 8,641,035.32 TOTAL ASSETS 20,103,998.43 19,423,387.15
CITY OF RIVERSIDE
Investments held by Fiscal Agent
June 30, 2022
Section 115 Pension Trust Fund
DESCRIPTION COUPON MATURITY *INVEST PURCH COST MARKET
OF SECURITY RATE DATE RATING DATE VALUE VALUE
CASH & MONEY MARKET ACCOUNTS
Cash - Custodial Cash Account US Bank N/A Varies NR Varies 40,576.56 40,576.56 Cash - Bank of America Equipment Lease N/A Varies NR Varies 11,985,281.98 11,985,281.98 US Bank Commercial Paper Sweep N/A Varies NR Varies 665,416.85 665,416.85 US Bank Gcts0170 N/A Varies NR Varies 17,021,260.48 17,021,260.48 US Bank Gcts0185 N/A Varies NR Varies 4,665,847.18 4,665,847.18 First American Government Obligation CL "Y" N/A Varies AAA Varies 543,014.04 543,014.04 First American Prime Obligations Fund CL " Z " N/A Varies AAA Varies 10,179,301.30 10,179,301.30 SUBTOTAL CASH & MONEY MARKET ACCOUNTS 45,100,698.39 45,100,698.39 LOCAL AGENCY INVESTMENT FUND (LAIF) N/A Varies NR Varies 1,244,036.23 1,244,036.23
MEDIUM TERM NOTES
Charles Schwab Corp 0.750 03/18/24 A Various 601,166.80 575,888.40 Amazon.com Inc 0.450 05/12/24 AA 05/10/21 394,423.30 375,869.76 John Deere Capital Corp 0.450 06/07/24 A 06/07/21 369,537.50 349,803.56 Salesforce.com Inc 0.625 07/15/24 A+ 06/29/21 94,951.55 89,975.83 American Honda Finance 1.500 01/13/25 A- Various 695,744.40 664,799.10 Toyota Motor Credit Corp 1.800 02/13/25 A+ 05/05/21 777,315.00 715,626.75 Chubb INA Holdings Inc 3.150 03/15/25 A 01/26/21 659,406.00 589,959.60 Caterpillar Financial Service 3.400 05/13/25 A 05/10/22 209,733.30 209,647.83 Morgan Stanley 0.790 05/30/25 A- 05/26/21 640,340.50 597,130.24 Eli Lilly & Co 2.750 06/01/25 A+ 06/10/21 699,166.00 640,201.90 Honeywell Intl 1.350 06/01/25 A 06/10/21 717,066.00 659,467.20 PNC Bank 3.250 06/01/25 A 06/10/21 710,365.50 641,019.60 Royal Bank of Canada 1.150 06/10/25 A 02/22/21 607,344.00 555,625.80 Toronto Dominion Bank 0.750 09/11/25 A 02/10/21 650,292.50 587,424.50 Simon Property Group 3.300 01/15/26 A- 08/11/21 678,656.25 605,175.63 Goldman Sachs Group Inc 0.855 02/12/26 BBB+ 06/18/21 619,243.75 569,077.50 Bank of America Corp 2. 015 02/13/26 A- 03/04/21 620,028.00 562,840.80 JP Morgan Chase & Co 2.005 03/13/26 A- 03/12/21 617,298.00 562,348.80 Citigroup Inc 3.106 04/08/26 BBB+ 06/18/21 669,075.00 600,495.00 United Health Group Inc 1.
150 05/15/26 A+ Various 130,420.30 117,994.76 Wal-Mart Stores 1.050 09/17/26 AA 09/08/21 119,773.20 109,265.65 Target Corp 1.950 01/15/27 A 01/19/22 264,549.50 246,167.78 Virginia Electric Power Corp 3.750 05/15/27 BBB+ 05/16/22 119,625.60 118,980.96 SUBTOTAL MEDIUM TERM NOTES 11,665,521.95 10,744,786.95 U.S. GOVERNMENT AGENCY ASSET BACKED SECURITIES
Mercedes-Benz Auto Lease Trust 0.400 11/15/24 AAA 06/22/21 239,981.88 232,349.53 BMW Vehicle Lease Trust 0.330 12/26/24 NR 09/08/21 149,984.52 145,603.95 GM Financial Auto Lease Trust 1.900 03/20/25 NR 02/15/22 309,997.33 301,773.54 BMW Vehicle Lease Trust 1.100 03/25/25 AAA 01/11/22 149,977.58 144,824.25 Honda Auto Receivables Trust 0.270 04/21/25 NR 02/17/21 124,997.71 122,029.38 Toyota Auto Receivables Owners 0.260 05/15/25 NR 02/02/21 464,913.70 454,062.74 Hyundai Auto Receivables Trust 0.380 09/15/25 AAA 04/20/21 164,982.64 159,372.18 John Deere Owner Trust 0.360 09/15/25 NR 03/02/21 179,965.40 173,071.44 Hyundai Auto Receivables Trust 0.380 01/15/26 AAA 07/20/21 434,904.00 417,600.44 Honda Auto Receivables Trust 0.880 01/21/26 NR 11/16/21 154,967.33 147,828.62
CITY OF RIVERSIDE
Investments Held by Fiscal Agent
June 30, 2022
DESCRIPTION COUPON MATURITY *INVEST PURCH COST MARKET
OF SECURITY RATE DATE RATING DATE VALUE VALUE
CITY OF RIVERSIDE
Investments Held by Fiscal Agent
June 30, 2022
John Deere Owner Trust 0.520 03/16/26 NR 07/13/21 204,981.72 194,531.27 Honda Auto Receivables Trust 1.880 05/15/26 AAA 02/15/22 244,963.15 237,176.66 Hyundai Auto Receivables Trust 0.740 05/15/26 AAA 11/09/21 109,975.45 105,110.72 BMW Vehicle Owner Trust 3.210 08/25/26 AAA 05/10/22 149,992.20 148,437.75 GM Financial Securitized Term 0.680 09/16/26 AAA 10/13/21 114,997.07 109,186.98 John Deere Owner Trust 2.320 09/16/26 NR 03/10/22 179,960.19 175,415.23 GM Financial Auto Receivables 1.260 11/16/26 AAA 01/11/22 99,991.31 95,677.00 GM Financial Securitized ART 3.100 02/16/27 AAA 04/05/22 139,970.75 138,732.03 SUBTOTAL U.S. GOVERNMENT AGENCY ASSET BACKED SECURITIES 3,619,503.93 3,502,783.71
SUPRANATIONAL SECURITIES
Inter-American Dev Bank 0.500 09/23/24 AAA 09/15/21 764,433.90 723,506.40 International Finance Corp 1.375 10/16/24 AAA 07/12/21 1,026,900.00 963,328.00 Intl. Bank Recon & Development 0.500 10/28/25 AAA 01/26/21 1,000,640.00 917,962.00 Inter-American Dev Bank 0.875 04/20/26 AAA 04/13/21 1,040,213.90 961,052.02 SUBTOTAL SUPRANATIONAL SECURITIES 3,832,187.80 3,565,848.42 U.S. GOVERNMENT AGENCY SECURITIES
FFCB 0.125 02/03/23 AA+ 01/26/21 854,521.20 842,517.86 FHLB 0.125 03/17/23 AA+ 03/17/21 779,142.00 766,064.52 FFCB 0.125 04/13/23 AA+ 04/06/21 1,033,633.80 1,013,774.22 FFCB 1.750 02/14/25 AA+ 02/10/22 603,384.65 585,649.08 SUBTOTAL U.S. GOVERNMENT AGENCY SECURITIES 3,270,681.65 3,208,005.68 U.S. GOVERNMENT TREASURY SECURITIES
US Treasury 1.875 09/30/22 AA+ 02/16/18 2,902,617.18 3,000,450.00 US Treasury 2.125 12/31/22 AA+ 02/16/18 2,929,335.94 2,994,141.00 US Treasury 0.125 02/15/24 AA+ 02/23/21 997,187.50 956,055.00 US Treasury 0.250 05/15/24 AA+ 05/18/21 2,194,671.88 2,092,664.20 US Treasury 0.375 09/15/24 AA+ 09/29/21 1,990,312.50 1,889,376.00 US Treasury 0.375 01/31/26 AA+ Various 1,724,482.43 1,593,184.25 US Treasury 0.750 03/31/26 AA+ 05/18/21 2,194,070.32 2,023,225.60 US Treasury 0.750 05/31/26 AA+ 06/23/21 3,232,099.61 2,977,432.25 US Treasury 1.500 01/31/27 AA+ 03/30/22 765,312.50 748,031.20 SUBTOTAL U.S. GOVERNMENT TREASURY SECURITIES 18,930,089.86 18,274,559.50
INVESTMENT CONTRACTS
Trinity Plus 0.047 10/01/29 NR 03/31/20 6,411,744.65 6,411,744.65 Trinity Plus 0.047 10/01/35 NR 03/31/20 4,348,970.73 4,348,970.73 SUBTOTAL INVESTMENT CONTRACTS 10,760,715.38 10,760,715.38 TOTAL INVESTMENTS HELD WITH FISCAL AGENT 98,423,435.19 96,401,434.26 *The City uses S&P ratings
General Fund 101 115,476,400 - 115,476,400 Measure Z 110 64,659,092 - 64,659,092 Pension Trust 115 184,994 - 184,994 Enterprise Funds
Electric 510 310,843,889 2,454,345 313,298,234 Electric - Public Benefits Program 511 25,032,044 - 25,032,044 Water 520 56,632,427 - 56,632,427 Water - Conservation & Reclamation Program 521 3,329,359 - 3,329,359 Airport 530 1,610,251 - 1,610,251 Refuse Collection 540 5,597,656 - 5,597,656 Sewer Service 550 109,137,341 1,442,409 110,579,750 Special Transit 560 3,287,087 - 3,287,087 Public Parking 570 1,994,514 - 1,994,514 Civic Entertainment (Convention Center, Visitors Bureau, Sports Commission) 580 63,828 - 63,828 Civic Entertainment (Fox, Box, RMA, Showcase) 581 3,343,032 - 3,343,032 Civic Entertainment (Cheech Marin Center) 582 (2,885,811) - (2,885,811) SubTotal - Enterprise Funds 517,985,617 3,896,754 521,882,371 Special Revenue Funds
Grants and Restricted Programs 215 78,996,068 - 78,996,068 Community Development Block Grant 220 (252,594) - (252,594) Home Investment Partnership Program 221 (498,155) - (498,155) Housing Opportunities for Persons with AIDS 222 (333,468) - (333,468) Community Development Grants 223 5,868,598 - 5,868,598 Neighborhood Stabilization Program 225 162,781 - 162,781 Special Gas Tax 230 29,694,724 - 29,694,724 Air Quality Improvement 240 1,681,241 - 1,681,241 NPDES Storm Drain 260 40,258 - 40,258 Housing Authority 280 1,811,423 - 1,811,423 Housing Assets 281 8,302,142 - 8,302,142 Special Districts Various 676,480 - 676,480 SubTotal - Special Revenue Funds 126,149,498 - 126,149,498 Capital Projects Funds
Capital Outlay 401 2,046,273 - 2,046,273 Storm Drain 410 2,527,960 - 2,527,960 Local Park Special Capital Improvements 411 769,017 - 769,017 Regional Park Special Capital Improvements 413 3,523,443 - 3,523,443 Measure Z Capital Outlay 420 17,778,514 - 17,778,514 Capital Outlay Grants 430 1,622,809 - 1,622,809 Transportation Projects 431 210 - 210 Measure A Capital Outlay 432 25,979,222 - 25,979,222 Transportation Development Impact Fees 433 6,710,001 - 6,710,001 Transportation Uniform Mitigation Fees 434 (1,783,124) - (1,783,124) Community Facilities Districts and Assessment Districts Various 2,025,283 - 2,025,283 SubTotal - Capital Project Funds 61,199,608 - 61,199,608 Debt Service Funds
Debt Service Fund - General 390 4,331,926 - 4,331,926 Debt Service Fund - Public Works 391 56,862 - 56,862 SubTotal Debt Service Funds 4,388,788 - 4,388,788 Agency Funds
Successor Agency Various 27,850,804 - 27,850,804 Community Facilities Districts and Assessment Districts Various 536,203 - 536,203 Special Deposits Various 13,211,751 - 13,211,751 SubTotal Agency Funds 41,598,758 - 41,598,758 Internal Service Funds
Workers' Compensation Insurance Trust 610 19,237,832 - 19,237,832 Unemployment Insurance Trust 620 256,044 - 256,044 Liability Insurance Trust 630 3,999,638 - 3,999,638 Parada Settlement Fund 631 21,698,505 - 21,698,505 Central Garage 650 12,011,850 - 12,011,850 SubTotal - Internal Service Funds 57,203,869 - 57,203,869 988,846,624$ 3,896,754$ 992,743,378$
1 Amount reflects each fund's share of the City's pooled investment portfolio. 2 Amounts shown are interfund loans outstanding. Interfund loan receivable balances are treated as available cash due to the ability to move loan receivables to other funds as needed.
City of Riverside
Cash Balances by Fund
As of June 30, 2022
Total - All Funds
Cash
Balance 1Fund Interfund Loan
Receivables 2
Cash Balance
+ Loan
Receivables