ATTACHMENT 1
CASH AND INVESTMENT REPORT
CITY OF RIVERSIDE
Quarterly Investment Report
September 30, 2022
AMORTIZED MARKET
COST VALUE
POOLED INVESTMENT PORTFOLIO
Deposit Accounts 69,955,925.36$ 69,955,925.36$
Joint Powers Authority Pool 132,480,806.18 132,480,806.18 Local Agency Investment Fund (LAIF) 100,309,763.66 100,635,762.80 Certificates of Deposit 3,974,475.71 4,003,109.33 Medium Term Notes 169,689,955.38 156,330,443.22 U.S. Govt Agency Mortgage Backed Securities 30,972,726.85 29,631,425.63 Asset Backed Securities 71,444,732.52 69,080,473.00 Supranational Securities 37,090,512.00 33,579,492.04 U.S. Govt Agency Securities 119,069,564.65 111,225,772.14 U.S. Treasury Notes/Bonds 203,263,326.23 192,873,094.77 TOTAL POOLED INVESTMENT PORTFOLIO 938,251,788.54 899,796,304.47
INVESTMENTS HELD BY FISCAL AGENT -
SECTION 115 PENSION TRUST FUND 20,137,399.36 18,502,336.06 OTHER INVESTMENTS HELD BY FISCAL AGENT 132,496,458.49 129,687,352.80 OTHER MISCELLANEOUS CASH 3,639,253.39 3,639,253.39 TOTAL CASH & INVESTMENTS 1,094,524,899.78$ 1,051,625,246.72$ 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 1.66 years. Market prices of securities are obtained from Interactive Data Corporation. Weighted average yield on cost for the City's investment portfolio is 1.62%. 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.
21%
17%
15%
12%
11%
8%
8% 4% 3% 1%
COMPOSITION OF POOLED
PORTFOLIO
U.S. Treasury Notes/Bonds (21.44%)
Medium Term Notes (17.37%)
Joint Powers Authority Pool (14.72%)
U.S. Govt Agency Securities (12.36%)
Local Agency Investment Fund (11.18%)
Deposit Accounts (7.78%)
Asset Backed Securities (7.68%)
Supranational Securities (3.73%)
U.S. Govt Agency Mortgate Backed (3.29%)
Certificates of Deposit (0.45%)
$348,523
$214,057
$101,115
$94,946
$72,783
$68,372
COMPOSITION OF POOLED
PORTFOLIO BY FUND
Electric Fund (38.73%)
All Other Funds (23.79%)
Sewer Fund (11.24%)
General Fund (10.55%)
Grants & Restricted Prgms (8.09%)
Water Fund (7.60%)
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 61,702,856.68 61,702,856.68 Federated Investors Federated Treasury N/A Varies AAA Varies 3,079,235.87 3,079,235.87 Citizens Business Bank N/A Varies NR Varies 5,173,832.81 5,173,832.81 SUBTOTAL DEPOSIT ACCOUNTS 69,955,925.36 69,955,925.36
JOINT POWERS AUTHORITY POOL
California Asset Management Program (CAMP) N/A Varies AAA Varies 132,480,806.18 132,480,806.18 SUBTOTAL JOINT POWERS AUTHORITY POOL 132,480,806.18 132,480,806.18 LOCAL AGENCY INVESTMENT FUND (LAIF) N/A Varies NR Varies 100,309,763.66 100,635,762.80
CERTIFICATES OF DEPOSIT
Westpac Banking Corp NY 0.300 10/26/22 A-1+ 05/25/22 3,974,475.71 4,003,109.33 SUBTOTAL CERTIFICATES OF DEPOSIT 3,974,475.71 4,003,109.33
MEDIUM TERM NOTES
Berkshire Hathaway 2.750 03/15/23 AA 05/09/19 4,451,187.75 4,416,440.52 Toyota Motor Credit Corp 3.450 09/20/23 A+ 02/19/19 2,470,070.70 2,404,580.18 Charles Schwab Corp 0.750 03/18/24 A 03/16/21 1,954,022.50 1,849,810.90 Amazon.com Inc 0.450 05/12/24 AA 05/10/21 3,649,663.70 3,433,461.31 John Deere Capital Corp 0.450 06/07/24 A 06/07/21 2,077,400.00 1,943,487.52 Salesforce.com Inc 0.625 07/15/24 A+ 06/29/21 1,064,456.85 994,360.09 Royal Bank of Canada 2.250 11/01/24 A 02/06/20 3,037,950.00 2,867,991.00 John Deere Capital Corp 2.050 01/09/25 A 02/06/20 3,024,810.00 2,840,659.33 American Honda Finance 1.500 01/13/25 A- Various 4,483,050.30 4,190,962.50 Toyota Motor Credit Corp 1.800 02/13/25 A+ 05/05/21 2,072,840.00 1,871,704.00 JP Morgan Chase & Co 3.220 03/01/25 A- 08/18/20 3,238,920.00 2,911,903.00 Bank of America Corp 3.458 03/15/25 A- 04/23/20 5,263,900.00 4,850,644.44 Chubb INA Holdings Inc 3.150 03/15/25 A Various 6,518,943.13 5,716,388.15 Royal Bank of Canada 3.375 04/14/25 A 04/14/22 1,497,420.00 1,465,158.38 Bank of Montreal 1.850 05/01/25 A- 08/12/21 5,162,100.00 4,639,296.67 Caterpillar Financial Service 3.400 05/13/25 A 05/10/22 2,736,520.20 2,685,694.11 Qualcomm Inc 3. 450 05/20/25 A Various 5,245,703.20 4,903,215.83 Morgan Stanley 0.790 05/30/25 A- Various 7,461,656.65 6,892,294.74 Honeywell Intl 1.350 06/01/25 A 06/23/20 5,119,000.00 4,625,065.00 Royal Bank of Canada 1.
150 06/10/25 A Various 5,044,880.00 4,530,304.17 Northwestern Mutual Glbl 4.000 07/01/25 AA+ 06/27/22 6,402,822.30 6,303,564.02 American Honda Finance 1.200 07/08/25 A- 06/22/21 2,017,540.00 1,815,393.33 Toronto Dominion Bank 0.750 09/11/25 A 09/15/20 4,986,850.00 4,411,208.33 National Rural Utilities 3.250 11/01/25 A- 04/14/22 2,994,000.00 2,891,453.00 Simon Property Group 3.300 01/15/26 A- 08/11/21 4,750,593.75 4,152,595.42 Goldman Sachs Group Inc 0.855 02/12/26 BBB+ 06/18/21 4,334,706.25 3,908,755.16 Bank of America Corp 2.015 02/13/26 A- 03/04/21 2,066,760.00 1,838,981.33 JP Morgan Chase & Co 2.005 03/13/26 A- 03/12/21 3,086,490.00 2,750,764.50 Citigroup Inc 3.106 04/08/26 BBB+ Various 6,788,825.00 6,071,053.10 JP Morgan Chase & Co 2.083 04/22/26 A- 06/23/21 3,105,570.00 2,761,247.75
CITY OF RIVERSIDE
Pooled Investment Portfolio Holdings
September 30, 2022
DESCRIPTION COUPON MATURITY *INVEST PURCH COST **MARKET
OF SECURITY RATE DATE RATING DATE VALUE VALUE
CITY OF RIVERSIDE
Pooled Investment Portfolio Holdings
September 30, 2022
Guardian Life Glob Fun 1.250 05/13/26 AA+ 02/09/22 2,307,168.00 2,105,452.00 United Health Group Inc 1.150 05/15/26 A+ Various 2,852,118.20 2,668,975.34 Toyota Motor Credit Corp 1.125 06/18/26 A+ Various 4,989,707.50 4,391,513.75 Bank of America Corp 1.319 06/19/26 A- 06/18/21 2,004,120.00 1,782,934.33 Met Tower Global Funding 1.250 09/14/26 AA- 09/07/21 2,927,304.40 2,522,868.52 Bank of Montreal 1.250 09/15/26 A- Various 2,495,539.50 2,139,731.39 Wal-Mart Stores 1.050 09/17/26 AA 09/08/21 1,332,476.85 1,165,879.98 Metlife 1.875 01/11/27 AA- 01/03/22 4,240,160.70 3,731,977.60 Toronto-Dominion Bank 1.950 01/12/27 A 01/25/22 992,295.35 874,676.17 Charles Schwab Corp 2.450 03/03/27 A 03/01/22 1,668,196.40 1,502,511.62 Goldman Sachs Group Inc 1.431 03/09/27 BBB+ Various 2,914,727.50 2,797,890.88 Berkshire Hathaway 2.300 03/15/27 AA 03/07/22 4,924,064.25 4,489,379.92 Amazon.com Inc 3.300 04/13/27 AA 04/25/22 2,994,810.00 2,879,010.00 Virginia Electric Power Corp 3.750 05/15/27 BBB+ Various 5,509,511.95 5,263,627.43 Citigroup Inc 1.462 06/09/27 BBB+ 06/21/22 1,753,880.00 1,712,540.89 Merck & Co 1.700 06/10/27 A+ 06/23/22 3,966,221.40 3,847,924.90 Caterpillar Financial Service 3.600 08/12/27 A Various 3,213,062.50 3,085,868.50 Wal-Mart Stores 3. 950 09/09/27 AA Various 2,495,938.60 2,429,242.22 SUBTOTAL MEDIUM TERM NOTES 169,689,955.38 156,330,443.22 U.S. GOVERNMENT AGENCY MORTGAGE BACKED SECURITIES
FHLMC - K026 A2 2.510 11/25/22 NR 04/16/19 6,195,062.94 6,226,374.25 FHLMC - K723 A2 2.454 08/25/23 NR 07/16/19 9,452,788.32 9,235,258.47 FHLMC - K041 A2 3.171 10/25/24 AAA 07/01/21 5,378,515.63 4,874,652.50 FHLMC - K047 A2 3.329 05/25/25 NR 05/20/22 5,028,906.25 4,854,290.83 FHLMC - K049 A2 3.010 07/25/25 NR 06/23/21 1,789,016.21 1,590,498.58 FHLMC - K059 A2 3.120 09/25/26 AAA 02/18/22 3,128,437.50 2,850,351.00 SUBTOTAL U.S. GOVERNMENT AGENCY MORTGAGE BACKED SECURITIES 30,972,726.85 29,631,425.63 U.S. GOVERNMENT AGENCY ASSET BACKED SECURITIES
Honda Auto Receivables 1.610 04/22/24 NR 02/19/20 1,063,661.45 1,055,419.89 Hyundai Auto Lease Trust 0.330 06/17/24 AAA 06/08/21 2,789,581.50 2,722,389.00 John Deere Owner Trust 1.100 08/15/24 NR 03/04/20 761,760.86 754,622.71 Toyota Auto Receivables Trust 0.440 10/15/24 AAA 07/21/20 993,273.11 977,194.19 Honda Auto Receivables Trust 0.370 10/18/24 AAA 09/22/20 1,401,142.82 1,371,006.14 GM Financial Auto Lease Trust 0.390 10/21/24 AAA 04/18/22 1,572,855.47 1,565,795.07 Toyota Lease Owner Trust 0.420 10/21/24 NR 07/27/21 2,484,966.45 2,393,127.90 John Deere Owner Trust 0.510 11/15/24 NR 07/14/20 482,066.69 472,854.95 Mercedes-Benz Auto Lease Trust 0.400 11/15/24 AAA 06/22/21 2,589,804.46 2,500,895.65 BMW Vehicle Lease Trust 0.330 12/26/24 NR 09/08/21 1,624,832.30 1,578,752.52 Hyundai Auto Lease Trust 1.160 01/15/25 AAA 01/11/22 2,074,954.14 1,998,865.26 Toyota Lease Owner Trust 1.960 02/20/25 AAA 02/23/22 4,384,309.80 4,229,774.90 GM Financial Auto Lease Trust 1.900 03/20/25 NR 02/15/22 3,599,969.04 3,477,951.20 BMW Vehicle Lease Trust 1.100 03/25/25 AAA 01/11/22 1,719,742.86 1,656,443.13 Honda Auto Receivables Trust 0.270 04/21/25 NR 02/17/21 984,977.14 956,335.76 Toyota Auto Receivables Owners 0.260 05/15/25 NR 02/02/21 3,502,456.46 3,413,600.70 GM Financial Auto Lease Trust 3. 420 06/20/25 AAA 05/03/22 2,399,749.68 2,356,720.80 Hyundai Auto Receivables Trust 0.380 09/15/25 AAA 04/20/21 1,474,844.83 1,426,228.96 John Deere Owner Trust 0.360 09/15/25 NR 03/02/21 1,624,687.68 1,561,982.50 Hyundai Auto Receivables Trust 0.
380 01/15/26 AAA 07/20/21 4,713,959.40 4,495,143.74 DESCRIPTION COUPON MATURITY *INVEST PURCH COST **MARKET
OF SECURITY RATE DATE RATING DATE VALUE VALUE
CITY OF RIVERSIDE
Pooled Investment Portfolio Holdings
September 30, 2022
Honda Auto Receivables Trust 0.880 01/21/26 NR 11/16/21 1,749,631.10 1,656,125.53 John Deere Owner Trust 0.520 03/16/26 NR 07/13/21 2,204,803.31 2,084,291.93 Honda Auto Receivables Trust 1.880 05/15/26 AAA 02/15/22 2,814,576.62 2,677,463.48 Hyundai Auto Receivables Trust 0.740 05/15/26 AAA 11/09/21 1,249,721.00 1,179,962.37 BMW Vehicle Owner Trust 3.210 08/25/26 AAA 05/10/22 1,999,896.00 1,947,904.00 GM Financial Securitized Term 0.680 09/16/26 AAA 10/13/21 1,334,965.96 1,258,499.61 John Deere Owner Trust 2.320 09/16/26 NR 03/10/22 1,724,618.43 1,650,788.97 Hyundai Auto Receivables Trust 2.220 10/15/26 AAA 03/09/22 3,079,881.42 2,957,639.81 GM Financial Auto Receivables 1.260 11/16/26 AAA 01/11/22 1,139,900.93 1,085,122.69 GM Financial Securitized ART 3.100 02/16/27 AAA 04/05/22 1,674,649.93 1,625,762.82 John Deere Owner Trust 3.740 02/16/27 NR 07/12/22 2,689,743.11 2,631,372.05 American Express Credit Trust 3.390 05/17/27 AAA 05/17/22 5,188,851.97 5,030,182.60 Verizon Master Trust 3.720 07/20/27 AAA 08/02/22 2,349,896.60 2,330,252.17 SUBTOTAL U.S. GOVERNMENT AGENCY ASSET BACKED SECURITIES 71,444,732.52 69,080,473.00
SUPRANATIONAL SECURITIES
Inter-American Dev Bank 0.500 09/23/24 AAA 09/15/21 8,403,776.60 7,812,478.84 Intl. Bank Recon & Development 0.625 04/22/25 AAA 04/15/20 4,278,378.35 3,922,092.71 Inter-American Dev Bank 0.625 07/15/25 AAA 01/13/21 5,071,967.50 4,563,156.99 Intl. Bank Recon & Development 0.500 10/28/25 AAA Various 9,994,372.85 8,918,760.02 Inter-American Dev Bank 0.875 04/20/26 AAA 04/13/21 9,342,016.70 8,363,003.48 SUBTOTAL SUPRANATIONAL SECURITIES 37,090,512.00 33,579,492.04 U.S. GOVERNMENT AGENCY SECURITIES
FHLMC 0.375 05/05/23 AA+ 05/05/20 4,758,000.80 4,662,124.09 FNMA 0.250 05/22/23 AA+ 05/20/20 7,651,898.25 7,498,727.00 FHLMC 0.250 06/26/23 AA+ 06/24/20 5,588,633.40 5,452,037.99 FNMA 0.250 07/10/23 AA+ 07/08/20 4,445,421.75 4,329,540.52 FHLMC 0.250 08/24/23 AA+ 08/19/20 7,507,334.70 7,257,084.79 FHLMC 0.125 10/16/23 AA+ Various 9,961,598.25 9,576,869.17 FHLMC 0.250 11/06/23 AA+ 11/03/20 9,331,594.00 8,942,078.12 FHLB 2.750 12/13/24 AA+ 02/06/20 5,281,300.00 4,876,560.00 FNMA 1.625 01/07/25 AA+ 03/04/20 8,281,440.00 7,578,949.33 FHLMC 1.500 02/12/25 AA+ 02/13/20 6,599,914.15 6,217,977.83 FHLB 2.375 03/14/25 AA+ 03/19/20 6,346,620.00 5,742,441.17 FNMA 0.625 04/22/25 AA+ 04/22/20 5,199,267.40 4,762,807.03 FHLB 0.500 06/13/25 AA+ 06/29/20 5,007,400.00 4,537,385.00 FNMA 0.500 06/17/25 AA+ 06/17/20 6,506,503.60 5,903,126.14 FHLMC 0.375 07/21/25 AA+ 07/21/20 4,606,942.60 4,157,842.63 FNMA 0.375 08/25/25 AA+ Various 7,962,282.50 7,157,368.01 FHLMC 0. 375 09/23/25 AA+ Various 7,970,197.55 7,140,834.67 FNMA 0.500 11/07/25 AA+ 11/09/20 6,063,215.70 5,432,018.65 SUBTOTAL U.S. GOVERNMENT AGENCY SECURITIES 119,069,564.65 111,225,772.14 U.S. GOVERNMENT TREASURY SECURITIES
US Treasury 1.625 10/31/23 AA+ 10/31/19 12,040,312.50 11,743,167.26 US Treasury 2.875 11/30/23 AA+ 01/09/19 3,044,882.81 2,979,884.66 US Treasury 2.250 01/31/24 AA+ 06/05/19 10,671,445.31 10,262,130.49 DESCRIPTION COUPON MATURITY *INVEST PURCH COST **MARKET
OF SECURITY RATE DATE RATING DATE VALUE VALUE
CITY OF RIVERSIDE
Pooled Investment Portfolio Holdings
September 30, 2022
US Treasury 2.000 04/30/24 AA+ Various 17,578,257.82 16,933,237.44 US Treasury 0.250 06/15/24 AA+ 06/18/21 4,965,429.69 4,674,588.52 US Treasury 1.750 06/30/24 AA+ 09/09/19 9,358,759.77 8,899,226.63 US Treasury 1.500 02/15/25 AA+ Various 15,947,968.76 15,500,360.04 US Treasury 1.125 02/28/25 AA+ 03/24/20 6,177,656.25 5,579,450.39 US Treasury 1.750 03/15/25 AA+ 05/04/22 4,827,539.06 4,712,852.40 US Treasury 2.750 05/15/25 AA+ Various 9,795,000.00 9,728,482.29 US Treasury 3.125 08/15/25 AA+ 09/27/22 4,826,171.88 4,867,610.84 US Treasury 0.250 09/30/25 AA+ 10/16/20 6,975,937.50 6,222,117.08 US Treasury 0.375 12/31/25 AA+ 12/29/20 2,249,824.22 1,992,063.80 US Treasury 0.375 01/31/26 AA+ Various 8,625,488.28 7,713,735.70 US Treasury 0.750 03/31/26 AA+ 03/30/21 3,969,843.75 3,552,426.42 US Treasury 0.750 05/31/26 AA+ Various 9,942,773.44 8,859,184.92 US Treasury 0.750 08/31/26 AA+ Various 5,170,878.90 4,609,427.89 US Treasury 1.125 10/31/26 AA+ Various 12,919,453.14 11,593,112.44 US Treasury 1.500 01/31/27 AA+ Various 15,585,117.20 14,839,492.37 US Treasury 2.750 04/30/27 AA+ Various 18,449,570.32 18,159,556.89 US Treasury 3.250 06/30/27 AA+ Various 20,141,015.63 19,450,986.30 SUBTOTAL U.S. GOVERNMENT TREASURY SECURITIES 203,263,326.23 192,873,094.77
TOTAL POOLED CASH & INVESTMENTS 938,251,788.54 899,796,304.47 *The City uses S&P ratings
**Includes accrued interest
DESCRIPTION COST MARKET
OF SECURITY VALUE VALUE
CASH AND EQUIVALENTS
*Cash 7,708.18 7,708.18
First American Government Obligation Fund CL "Z" 1,026,573.31 1,026,573.31 SUBTOTAL CASH AND EQUIVALENTS 1,034,281.49 1,034,281.49
MUTUAL FUNDS - EQUITY
Ishares Core - S P500 Etf 2,645,450.12 2,557,174.50
Ishares S P - 500 Growth Etf 1,078,612.25 1,030,077.10
Ishares S P - 500 Value Etf 1,248,439.74 1,176,986.16
Ishares - Russell Mid Cap Etf 906,244.50 832,810.00
Ishares - Russell 2000 Value Etf 711,677.21 652,772.59
Ishares - Russell 2000 Growth Etf 745,509.67 653,444.17 Ishares Core - Msci Eafe Etf 965,922.37 813,698.83
Vanguard Ftse - Emerging Markets Etf 641,502.94 539,212.73 Vanguard Real - Estate Etf 377,810.85 331,743.46
SUBTOTAL MUTUAL FUNDS - EQUITY 9,321,169.65 8,587,919.54
MUTUAL FUNDS - FIXED INCOME
Ishares Core - U.S. Aggregate Bond Etf 7,479,892.74 6,714,319.96 Vanguard High - Yield Corporate Adm 206,462.14 186,850.86 Vanguard - Short Term Invt Grade #539 2,095,593.34 1,978,964.21 SUBTOTAL MUTUAL FUNDS - FIXED INCOME 9,781,948.22 8,880,135.03 TOTAL ASSETS 20,137,399.36 18,502,336.06
* Includes accrued income
CITY OF RIVERSIDE
Investments held by Fiscal Agent
September 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 24,177.44 24,177.44 Cash - Bank of America Equipment Lease N/A Varies NR Varies 11,965,281.98 11,965,281.98 US Bank Commercial Paper Sweep N/A Varies NR Varies 330,362.28 330,362.28 US Bank Gcts0170 N/A Varies NR Varies 43,452,247.10 43,452,247.10 US Bank Gcts0185 N/A Varies NR Varies 3,246,384.07 3,246,384.07 First American Government Obligation CL "Y" N/A Varies AAA Varies 66,253.10 66,253.10 First American Prime Obligations Fund CL " Z " N/A Varies AAA Varies 9,758,501.82 9,758,501.82 SUBTOTAL CASH & MONEY MARKET ACCOUNTS 68,843,207.79 68,843,207.79 LOCAL AGENCY INVESTMENT FUND (LAIF) N/A Varies NR Varies 1,247,967.82 1,252,011.97
MEDIUM TERM NOTES
Charles Schwab Corp 0.750 03/18/24 A Various 601,166.80 567,716.90 Amazon.com Inc 0.450 05/12/24 AA 05/10/21 394,423.30 371,058.07 John Deere Capital Corp 0.450 06/07/24 A 06/07/21 369,537.50 345,716.54 Salesforce.com Inc 0.625 07/15/24 A+ 06/29/21 94,951.55 88,698.79 American Honda Finance 1.500 01/13/25 A- Various 695,744.40 651,927.50 Toyota Motor Credit Corp 1.800 02/13/25 A+ 05/05/21 777,315.00 701,889.00 Chubb INA Holdings Inc 3.150 03/15/25 A 01/26/21 659,406.00 576,539.40 Caterpillar Financial Service 3.400 05/13/25 A 05/10/22 209,733.30 205,837.87 Morgan Stanley 0.790 05/30/25 A- 05/26/21 640,340.50 590,900.01 PNC Bank 3.250 06/01/25 A 06/10/21 710,365.50 629,633.12 Eli Lilly & Co 2.750 06/01/25 A+ 06/10/21 699,166.00 628,145.50 Honeywell Intl 1.350 06/01/25 A 06/10/21 717,066.00 647,509.10 Royal Bank of Canada 1.150 06/10/25 A 02/22/21 607,344.00 543,636.50 Toronto Dominion Bank 0.750 09/11/25 A 02/10/21 650,292.50 573,457.08 Simon Property Group 3.300 01/15/26 A- 08/11/21 678,656.25 593,227.92 Goldman Sachs Group Inc 0.855 02/12/26 BBB+ 06/18/21 619,243.75 558,393.60 Bank of America Corp 2. 015 02/13/26 A- 03/04/21 620,028.00 551,694.40 JP Morgan Chase & Co 2.005 03/13/26 A- 03/12/21 617,298.00 550,152.90 Citigroup Inc 3.106 04/08/26 BBB+ 06/18/21 669,075.00 595,201.29 United Health Group Inc 1.
150 05/15/26 A+ Various 130,420.30 115,655.60 Wal-Mart Stores 1.050 09/17/26 AA 09/08/21 119,773.20 104,798.20 Target Corp 1.950 01/15/27 A 01/19/22 264,549.50 238,777.63 Virginia Electric Power Corp 3.750 05/15/27 BBB+ 05/16/22 119,625.60 114,842.79 SUBTOTAL MEDIUM TERM NOTES 11,665,521.95 10,545,409.71 U.S. GOVERNMENT AGENCY ASSET BACKED SECURITIES
Mercedes-Benz Auto Lease Trust 0.400 11/15/24 AAA 06/22/21 239,981.88 231,743.23 BMW Vehicle Lease Trust 0.330 12/26/24 NR 09/08/21 149,984.52 145,731.00 GM Financial Auto Lease Trust 1.900 03/20/25 NR 02/15/22 309,997.33 299,490.25 BMW Vehicle Lease Trust 1.100 03/25/25 AAA 01/11/22 149,977.58 144,457.25 Honda Auto Receivables Trust 0.270 04/21/25 NR 02/17/21 108,957.66 105,789.36 Toyota Auto Receivables Owners 0.260 05/15/25 NR 02/02/21 392,917.31 382,949.18 John Deere Owner Trust 0.360 09/15/25 NR 03/02/21 179,965.40 173,019.60 Hyundai Auto Receivables Trust 0.380 09/15/25 AAA 04/20/21 164,982.64 159,544.26 Hyundai Auto Receivables Trust 0.380 01/15/26 AAA 07/20/21 434,904.00 414,716.33 Honda Auto Receivables Trust 0.880 01/21/26 NR 11/16/21 154,967.33 146,685.41
CITY OF RIVERSIDE
Investments Held by Fiscal Agent
September 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
September 30, 2022
John Deere Owner Trust 0.520 03/16/26 NR 07/13/21 204,981.72 193,777.71 Hyundai Auto Receivables Trust 0.740 05/15/26 AAA 11/09/21 109,975.45 103,836.68 Honda Auto Receivables Trust 1.880 05/15/26 AAA 02/15/22 244,963.15 233,029.68 BMW Vehicle Owner Trust 3.210 08/25/26 AAA 05/10/22 149,992.20 146,092.80 GM Financial Securitized Term 0.680 09/16/26 AAA 10/13/21 114,997.07 108,410.08 John Deere Owner Trust 2.320 09/16/26 NR 03/10/22 179,960.19 172,256.24 GM Financial Auto Receivables 1.260 11/16/26 AAA 01/11/22 99,991.31 95,186.22 GM Financial Securitized ART 3.100 02/16/27 AAA 04/05/22 139,970.75 135,884.67 John Deere Owner Trust 3.740 02/16/27 NR 07/12/22 184,982.33 180,967.97 Verizon Master Trust 3.720 07/20/27 AAA 08/02/22 159,992.96 158,655.47 SUBTOTAL U.S. GOVERNMENT AGENCY ASSET BACKED SECURITIES 3,876,442.78 3,732,223.39
SUPRANATIONAL SECURITIES
Inter-American Dev Bank 0.500 09/23/24 AAA 09/15/21 764,433.90 710,647.60 International Finance Corp 1.375 10/16/24 AAA 07/12/21 1,026,900.00 949,132.08 Intl. Bank Recon & Development 0.500 10/28/25 AAA 01/26/21 1,000,640.00 891,876.00 Inter-American Dev Bank 0.875 04/20/26 AAA 04/13/21 1,040,213.90 931,202.84 SUBTOTAL SUPRANATIONAL SECURITIES 3,832,187.80 3,482,858.52 U.S. GOVERNMENT AGENCY SECURITIES
FFCB 0.125 02/03/23 AA+ 01/26/21 854,521.20 845,216.57 FHLB 0.125 03/17/23 AA+ 03/17/21 779,142.00 767,161.68 FFCB 0.125 04/13/23 AA+ 04/06/21 1,033,633.80 1,014,249.63 FFCB 1.750 02/14/25 AA+ 02/10/22 603,384.65 571,629.25 SUBTOTAL U.S. GOVERNMENT AGENCY SECURITIES 3,270,681.65 3,198,257.13 U.S. GOVERNMENT TREASURY SECURITIES
US Treasury 2.125 12/31/22 AA+ 02/16/18 2,929,335.94 3,005,928.73 US Treasury 0.000 02/16/23 A-1+ 09/30/22 353,863.51 353,900.46 US Treasury 0.000 03/30/23 A-1+ 09/30/22 7,362,717.75 7,363,503.84 US Treasury 2.750 08/31/23 AA+ 09/30/22 200,817.03 199,832.33 US Treasury 0.125 02/15/24 AA+ 02/23/21 997,187.50 945,003.64 US Treasury 0.250 05/15/24 AA+ 05/18/21 2,194,671.88 2,063,631.44 US Treasury 3.250 08/31/24 AA+ 09/30/22 1,703,341.53 1,702,097.55 US Treasury 0.375 09/15/24 AA+ 09/29/21 1,990,312.50 1,856,269.50 US Treasury 3.000 07/15/25 AA+ 09/30/22 247,159.51 243,269.42 US Treasury 3.125 08/15/25 AA+ 08/25/22 1,241,503.90 1,216,902.71 US Treasury 0.375 01/31/26 AA+ Various 1,724,482.43 1,542,747.15 US Treasury 0.750 03/31/26 AA+ 05/18/21 2,194,070.32 1,953,834.53 US Treasury 0.750 05/31/26 AA+ 06/23/21 3,232,099.61 2,879,235.10 US Treasury 1.500 01/31/27 AA+ 03/30/22 765,312.50 719,490.54 US Treasury 3.250 06/30/27 AA+ 08/25/22 1,002,460.94 972,549.32 US Treasury 3.125 08/31/27 AA+ 09/30/22 670,665.96 664,031.23 US Treasury 3. 125 08/31/29 AA+ 09/30/22 189,730.51 190,441.42 SUBTOTAL U.S. GOVERNMENT TREASURY SECURITIES 28,999,733.32 27,872,668.91
INVESTMENT CONTRACTS
DESCRIPTION COUPON MATURITY *INVEST PURCH COST **MARKET
OF SECURITY RATE DATE RATING DATE VALUE VALUE
CITY OF RIVERSIDE
Investments Held by Fiscal Agent
September 30, 2022
Invt Agmt-Trinity Plus Fdg Co Gic 0.047 10/01/29 NR 05/14/08 6,411,744.65 6,411,744.65 Invt Agmt-Trinity Plus Fdg Co Gic 0.047 10/01/35 NR 05/14/08 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 132,496,458.49 129,687,352.80 *The City uses S&P ratings
**Includes accrued interest
General Fund 101 94,945,972 - 94,945,972 Measure Z 110 67,003,749 - 67,003,749 Pension Trust 115 409,316 - 409,316 Enterprise Funds
Electric 510 321,429,974 2,454,345 323,884,319 Electric - Public Benefits Program 511 27,093,040 - 27,093,040 Water 520 64,809,648 - 64,809,648 Water - Conservation & Reclamation Program 521 3,562,878 - 3,562,878 Airport 530 1,672,995 - 1,672,995 Refuse Collection 540 4,859,321 - 4,859,321 Sewer Service 550 101,114,840 1,442,409 102,557,249 Special Transit 560 3,950,715 - 3,950,715 Public Parking 570 2,502,897 - 2,502,897 Civic Entertainment (Convention Center, Visitors Bureau, Sports Commission) 580 (534,347) - (534,347) Civic Entertainment (Fox, Box, RMA, Showcase) 581 4,050,900 - 4,050,900 Civic Entertainment (Cheech Marin Center) 582 (3,105,813) - (3,105,813) SubTotal - Enterprise Funds 531,407,048 3,896,754 535,303,802 Special Revenue Funds
Urban Areas Security Initiative 205 (1,897,232) - (1,897,232) Grants and Restricted Programs 215 72,783,305 - 72,783,305 Community Development Block Grant 220 69,892 - 69,892 Home Investment Partnership Program 221 669,990 - 669,990 Housing Opportunities for Persons with AIDS 222 (875,444) - (875,444) Community Development Grants 223 5,419,091 - 5,419,091 Neighborhood Stabilization Program 225 163,191 - 163,191 Special Gas Tax 230 28,824,067 - 28,824,067 Air Quality Improvement 240 1,579,909 - 1,579,909 NPDES Storm Drain 260 114,194 - 114,194 Housing Authority 280 1,381,214 - 1,381,214 Housing Assets 281 8,327,730 - 8,327,730 Special Districts Various (134,955) - (134,955) SubTotal - Special Revenue Funds 116,424,952 - 116,424,952 Capital Projects Funds
Capital Outlay 401 2,100,766 - 2,100,766 Storm Drain 410 884,907 - 884,907 Local Park Special Capital Improvements 411 591,125 - 591,125 Regional Park Special Capital Improvements 413 3,814,272 - 3,814,272 Measure Z Capital Outlay 420 15,799,696 - 15,799,696 Capital Outlay Grants 430 419,030 - 419,030 Transportation Projects 431 211 - 211 Measure A Capital Outlay 432 29,806,074 - 29,806,074 Transportation Development Impact Fees 433 7,137,182 - 7,137,182 Transportation Uniform Mitigation Fees 434 (1,884,002) - (1,884,002) Community Facilities Districts and Assessment Districts Various 2,103,976 - 2,103,976 SubTotal - Capital Project Funds 60,773,237 - 60,773,237 Debt Service Funds
Debt Service Fund - General 390 (26,896,959) - (26,896,959) Debt Service Fund - Public Works 391 94,012 - 94,012 SubTotal Debt Service Funds (26,802,947) - (26,802,947) Agency Funds
Successor Agency Various 22,802,223 - 22,802,223 Community Facilities Districts and Assessment Districts Various 585,665 - 585,665 Special Deposits Various (24,207,127) - (24,207,127) SubTotal Agency Funds (819,239) - (819,239) Internal Service Funds
Workers' Compensation Insurance Trust 610 20,017,327 - 20,017,327 Unemployment Insurance Trust 620 282,883 - 282,883 Liability Insurance Trust 630 2,230,123 - 2,230,123 Parada Settlement Fund 631 21,816,952 - 21,816,952 Central Stores 640 (320,896) - (320,896) Central Garage 650 12,427,827 - 12,427,827 SubTotal - Internal Service Funds 56,454,216 - 56,454,216 899,796,304$ 3,896,754$ 903,693,059$
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 September 30, 2022
Total - All Funds
Cash
Balance 1Fund Interfund Loan
Receivables 2
Cash Balance
+ Loan
Receivables