CITY OF RIVERSIDE
Quarterly Investment Report
March 31, 2024
AMORTIZED MARKET
COST VALUE
POOLED INVESTMENT PORTFOLIO
Deposit Accounts 51,877,988.01$ 51,877,988.01$
Joint Powers Authority Pool 126,289,752.67 126,289,752.67 Medium Term Notes 207,134,662.28 201,925,782.13 U.S. Govt Agency Mortgage Backed Securities 32,632,908.13 31,711,926.89 Asset Backed Securities 79,667,082.07 79,384,044.76 Supranational Securities 69,913,517.55 68,453,699.93 U.S. Govt Agency Securities 112,263,680.60 108,230,701.43 U.S. Govt Treasury Securities 341,537,505.76 337,093,614.36 TOTAL POOLED INVESTMENT PORTFOLIO 1,021,317,097.07 1,004,967,510.18
INVESTMENTS HELD BY FISCAL AGENT -
SECTION 115 PENSION TRUST FUND 48,472,943.11 52,463,631.05 OTHER INVESTMENTS HELD BY FISCAL AGENT 305,492,363.44 304,175,023.51 OTHER MISCELLANEOUS CASH 4,890,600.45 4,890,600.45 TOTAL CASH & INVESTMENTS 1,380,173,004.07$ 1,366,496,765.19$ Verified by:
Ryan Carter, Interim Controller
Approved by:
Edward P. Enriquez, Assistant City Manager/CFO
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 April 21, 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 1.85 years. Market prices of securities are obtained from Interactive Data Corporation. Weighted average yield on cost for the City's investment portfolio is 2.83%. 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.
33%
20%
13%
11%
8%
7%
5% 3%
COMPOSITION OF POOLED
PORTFOLIO
U.S. Govt Treasury Securities (33.54%)
Medium Term Notes (20.09%)
Joint Powers Authority Pool (12.57%)
U.S. Govt Agency Securities (10.77%)
Asset Backed Securities (7.90%)
Supranational Securities (6.81%)
Deposit Accounts (5.16%)
U.S. Govt Agency Mortgate Backed Securities (3.16%)
$323,024
$305,234
$132,299
$115,839
$66,755 $61,817
COMPOSITION OF POOLED
PORTFOLIO BY FUND
Electric Fund (32.14%)
All Other Funds (30.37%)
General Fund (13.16%)
Sewer Fund (11.54%)
Measure Z Fund (6.64%)
Water Fund (6.15%)
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 46,506,675.31 46,506,675.31 Federated Investors Federated Treasury N/A Varies AAA Varies 5,371,312.70 5,371,312.70 SUBTOTAL DEPOSIT ACCOUNTS 51,877,988.01 51,877,988.01
JOINT POWERS AUTHORITY POOL
California Asset Management Program (CAMP) N/A Varies AAA Varies 126,289,752.67 126,289,752.67 SUBTOTAL JOINT POWERS AUTHORITY POOL 126,289,752.67 126,289,752.67
MEDIUM TERM NOTES
Amazon.com Inc 0.450 05/12/24 AA 05/10/21 1,747,445.00 1,742,700.63 John Deere Capital Corp 0.450 06/07/24 A 06/07/21 2,077,400.00 2,063,878.77 Royal Bank of Canada 2.250 11/01/24 A 02/06/20 3,037,950.00 2,971,554.75 John Deere Capital Corp 2.050 01/09/25 A 02/06/20 3,024,810.00 2,941,141.15 American Honda Finance 1.500 01/13/25 A- Various 1,992,466.80 1,947,010.82 Toyota Motor Credit Corp 1.800 02/13/25 A+ 05/05/21 2,072,840.00 1,945,474.34 Chubb INA Holdings Inc 3.150 03/15/25 A Various 6,518,943.13 5,833,492.79 Royal Bank of Canada 3.375 04/14/25 A 04/14/22 1,497,420.00 1,494,071.08 Bank of Montreal 1.850 05/01/25 A- 08/12/21 2,581,050.00 2,426,803.98 Caterpillar Financial Service 3.400 05/13/25 A 05/10/22 2,736,520.20 2,723,070.81 Qualcomm Inc 3.450 05/20/25 A Various 5,245,703.20 4,969,514.83 Morgan Stanley 0.790 05/30/25 A- Various 7,461,656.65 7,415,613.65 Honeywell Intl 1.350 06/01/25 A 06/23/20 5,119,000.00 4,814,044.45 Royal Bank of Canada 1.150 06/10/25 A Various 5,044,880.00 4,787,154.02 Northwestern Mutual Glbl 4.000 07/01/25 AA+ 06/27/22 6,402,822.30 6,382,841.97 American Honda Finance 1.200 07/08/25 A- 06/22/21 2,017,540.00 1,904,990.27 Toronto Dominion Bank 0.750 09/11/25 A 09/15/20 4,986,850.00 4,697,938.83 National Rural Utilities 3.250 11/01/25 A- 04/14/22 2,994,000.00 2,952,271.85 Simon Property Group 3.300 01/15/26 A- 08/11/21 4,750,593.75 4,259,207.96 Goldman Sachs Group Inc 0.855 02/12/26 BBB+ 06/18/21 4,334,706.25 4,195,800.22 Bank of America Corp 2.015 02/13/26 A- 03/04/21 2,066,760.00 1,942,918.85 JP Morgan Chase & Co 2.005 03/13/26 A- 03/12/21 3,086,490.00 2,903,302.32 Citigroup Inc 3.106 04/08/26 BBB+ Various 6,788,825.00 6,308,787.05 Mass Mutual Global funding 4.500 04/10/26 AA+ 04/04/23 1,998,620.00 2,019,201.54 JP Morgan Chase & Co 2.083 04/22/26 A- 06/23/21 3,105,570.00 2,918,286.47 Guardian Life Glob Fun 1.250 05/13/26 AA+ 02/09/22 2,307,168.00 2,219,553.40 United Health Group Inc 1.150 05/15/26 A+ Various 2,852,118.20 2,787,879.86 Toyota Motor Credit Corp 1.125 06/18/26 A+ Various 4,989,707.50 4,618,233.25 Bank of America Corp 1.319 06/19/26 A- 06/18/21 2,004,120.00 1,908,595.53 Met Tower Global Funding 1.250 09/14/26 AA- 09/07/21 2,927,304.40 2,669,061.05 Bank of Montreal 1.250 09/15/26 A- Various 2,495,539.50 2,282,065.12 Wal-Mart Stores 1.050 09/17/26 AA 09/08/21 1,332,476.85 1,224,408.45 Morgan Stanley 6.138 10/16/26 A- 10/19/22 1,498,185.00 1,559,354.22 Metlife 1.875 01/11/27 AA- 01/03/22 4,240,160.70 3,916,824.85 Toronto-Dominion Bank 1.950 01/12/27 A 01/25/22 992,295.35 928,649.43 Charles Schwab Corp 2.450 03/03/27 A- 03/01/22 1,668,196.40 1,559,435.79 Goldman Sachs Group Inc 1.431 03/09/27 BBB+ Various 2,914,727.50 3,012,632.78 Berkshire Hathaway 2.300 03/15/27 AA 03/07/22 4,924,064.25 4,642,657.98 Toyota Motor Credit Corp 3.050 03/22/27 A+ 06/14/23 1,881,520.00 1,904,066.34 Amazon.com Inc 3.300 04/13/27 AA 04/25/22 2,994,810.00 2,931,702.84 Virginia Electric Power Corp 3.750 05/15/27 BBB+ Various 5,509,511.95 5,383,566.75
CITY OF RIVERSIDE
Pooled Investment Portfolio Holdings
March 31, 2024
DESCRIPTION COUPON MATURITY *INVEST PURCH COST **MARKET
OF SECURITY RATE DATE RATING DATE VALUE VALUE
CITY OF RIVERSIDE
Pooled Investment Portfolio Holdings
March 31, 2024
Qualcomm Inc 3.250 05/20/27 A Various 4,754,650.00 4,850,352.50 Citigroup Inc 1.462 06/09/27 BBB+ 06/21/22 1,753,880.00 1,846,158.09 Merck & Co 1.700 06/10/27 A+ 06/23/22 3,966,221.40 4,014,968.68 Caterpillar Financial Service 3.600 08/12/27 A Various 3,213,062.50 3,148,012.66 Wal-Mart Stores 3.950 09/09/27 AA Various 2,495,938.60 2,462,302.50 Amazon.com Inc 4.550 12/01/27 AA Various 3,027,460.00 3,043,896.08 Toronto-Dominion Bank 5.156 01/10/28 A Various 3,980,080.00 4,072,041.12 John Deere Capital Corp 4.750 01/20/28 A Various 7,069,150.00 7,080,507.39 Bank of America Corp 3.824 01/20/28 A- Various 2,356,757.55 2,426,742.49 United Health Group Inc 5.250 02/15/28 A+ 02/21/23 4,061,040.00 4,100,158.01 Comcast Corp 3.550 05/01/28 A- Various 4,785,920.00 4,844,853.63 JP Morgan Chase & Co 3.540 05/01/28 A- 06/12/23 1,872,100.00 1,940,125.78 Public Service El & Gas 3.700 05/01/28 A 02/27/24 1,433,610.00 1,463,411.14 Apple Inc 4.000 05/10/28 AA+ 05/08/23 1,571,960.25 1,574,849.09 Merck & Co 4.050 05/17/28 A+ Various 3,997,647.20 3,992,350.72 Bank of NY Mellon Corp 3.992 06/13/28 A 07/14/23 1,922,520.00 1,964,318.12 American Honda Finance 5.125 07/07/28 A- Various 2,330,643.15 2,424,086.11 ROYAL BANK OF CANADA 5.200 08/01/28 A 09/07/23 1,478,460.00 1,527,936.36 Bank of Montreal 5.717 09/25/28 A- 11/09/23 2,467,200.00 2,569,885.98 Realty Income Corp 4.700 12/15/28 A- 01/19/24 2,979,690.00 2,996,254.80 Metlife 4.850 01/08/29 AA- 01/23/24 1,495,335.00 1,505,335.17 Morgan Stanley 3.772 01/24/29 A- 01/23/24 1,425,135.00 1,438,341.86 Cisco Systems 4.850 02/26/29 AA- 02/21/24 4,473,433.75 4,529,132.81 SUBTOTAL MEDIUM TERM NOTES 207,134,662.28 201,925,782.13 U.S. GOVERNMENT AGENCY MORTGAGE BACKED SECURITIES
FHLMC - K041 A2 3.171 10/25/24 AAA 07/01/21 5,284,285.48 4,860,321.54 FHLMC - K047 A2 3.329 05/25/25 NR 05/20/22 5,028,906.25 4,910,650.83 FHLMC - K049 A2 3.010 07/25/25 NR 06/23/21 1,789,016.21 1,615,742.30 FHLMC - K059 A2 3.120 09/25/26 AAA 02/18/22 3,128,437.50 2,892,967.80 FHLMC - K073 A2 3.350 01/25/28 NR 05/24/23 5,156,267.97 5,133,398.50 FHLMC - K074 A2 3.600 01/25/28 NR 07/25/23 2,386,035.15 2,412,941.50 FHLMC - K077 A2 3.850 05/25/28 NR 05/24/23 7,023,638.67 6,945,472.75 FHLMC - K085 A2 4.060 10/25/28 NR 10/30/23 2,836,320.90 2,940,431.67 SUBTOTAL U.S. GOVERNMENT AGENCY MORTGAGE BACKED SECURITIES 32,632,908.13 31,711,926.89
ASSET BACKED SECURITIES
Hyundai Auto Lease Trust 1.160 01/15/25 AAA 01/11/22 210,959.45 210,679.04 Toyota Lease Owner Trust 1.960 02/20/25 AAA 02/23/22 1,116,733.12 1,113,686.17 GM Financial Auto Lease Trust 1.900 03/20/25 NR 02/15/22 499,239.06 498,319.24 Honda Auto Receivables Trust 0.270 04/21/25 NR 02/17/21 73,730.92 73,316.16 Toyota Auto Receivables Owners 0.260 05/15/25 NR 02/02/21 292,130.37 290,729.04 GM Financial Auto Lease Trust 3.420 06/20/25 AAA 05/03/22 1,111,217.28 1,108,629.65 John Deere Owner Trust 0.360 09/15/25 NR 03/02/21 293,909.08 290,319.86 Hyundai Auto Receivables Trust 0.380 09/15/25 AAA 04/20/21 232,561.91 230,719.66 BMW Vehicle Lease Trust 5.160 11/25/25 AAA 02/07/23 894,978.70 893,665.47 Hyundai Auto Receivables Trust 0.380 01/15/26 AAA 07/20/21 1,496,725.54 1,474,369.68 Honda Auto Receivables Trust 0.880 01/21/26 NR 11/16/21 950,659.31 927,919.44 John Deere Owner Trust 0.520 03/16/26 NR 07/13/21 987,650.28 964,703.25 Hyundai Auto Receivables Trust 0.740 05/15/26 AAA 11/09/21 665,099.61 650,626.19 Honda Auto Receivables Trust 1.880 05/15/26 AAA 02/15/22 2,233,561.97 2,183,848.26 BMW Vehicle Owner Trust 3.210 08/25/26 AAA 05/10/22 1,588,427.89 1,565,276.92 DESCRIPTION COUPON MATURITY *INVEST PURCH COST **MARKET
OF SECURITY RATE DATE RATING DATE VALUE VALUE
CITY OF RIVERSIDE
Pooled Investment Portfolio Holdings
March 31, 2024
John Deere Owner Trust 2.320 09/15/26 NR 03/10/22 1,197,488.31 1,173,838.56 GM Financial Securitized Term 0.680 09/16/26 AAA 10/13/21 779,904.82 757,555.18 Hyundai Auto Receivables Trust 2.220 10/15/26 AAA 03/09/22 2,466,745.93 2,416,247.88 GM Financial Auto Receivables 1.260 11/16/26 AAA 01/11/22 782,681.45 763,917.78 GM Financial Securitized ART 3.100 02/16/27 AAA 04/05/22 1,524,310.09 1,499,275.32 John Deere Owner Trust 3.740 02/16/27 NR 07/12/22 2,689,743.11 2,655,084.94 Hyundai Auto Lease Securitizat 5.020 03/15/27 AAA 01/17/24 2,134,595.42 2,129,426.60 GM Financial Automobile 5.090 03/22/27 AAA 02/08/24 2,714,660.63 2,717,431.49 Toyota Lease Owner Trust 5.250 04/20/27 AAA 02/21/24 2,854,879.52 2,867,772.04 Honda Auto Receivables Owner 5.040 04/21/27 NR 02/16/23 1,849,656.27 1,847,802.94 American Express Credit Trust 3.390 05/17/27 AAA 05/17/22 5,188,851.97 5,090,598.35 John Deere Owner Trust 5.090 06/15/27 NR 10/12/22 3,454,731.89 3,450,630.89 American Express Credit Trust 3.750 08/16/27 NR 10/28/22 3,868,125.00 3,929,159.20 Mercedes-Benz Auto Receivables 5.210 08/16/27 AAA 11/15/22 6,158,781.55 6,167,732.37 John Deere Owner Trust 5.010 11/15/27 NR 02/22/23 2,814,487.11 2,813,022.09 GM Auto Receivable Trust 4.470 02/16/28 AAA 04/04/23 1,549,957.38 1,536,024.74 BMW Vehicle Owner Trust 5.470 02/25/28 AAA 07/11/23 1,499,734.20 1,507,520.35 John Deere Owner Trust 5.180 03/15/28 NR 06/21/23 2,649,557.98 2,656,610.22 Toyota Auto Receivables Owner 5.540 08/15/28 AAA 11/07/23 2,669,712.17 2,704,950.09 Chase Issuance Trust 5.160 09/15/28 AAA 09/07/23 8,417,665.98 8,482,225.77 GM Financial Securitized Term 4.850 12/18/28 NR 01/09/24 1,209,756.67 1,209,112.75 Chase Issuance Trust 4.600 01/16/29 AAA 01/24/24 5,194,208.80 5,176,395.38 Hyundai Auto Receivables Trust 4.990 02/15/29 AAA 03/20/24 3,349,261.33 3,354,901.80 SUBTOTAL ASSET BACKED SECURITIES 79,667,082.07 79,384,044.76
SUPRANATIONAL SECURITIES
Inter-American Dev Bank 0.500 09/23/24 AAA 09/15/21 4,996,300.00 4,885,927.31 Intl. Bank Recon & Development 0.625 04/22/25 AAA 04/15/20 4,278,378.35 4,117,015.19 Inter-American Dev Bank 0.625 07/15/25 AAA 01/13/21 5,071,967.50 4,788,694.74 Intl. Bank Recon & Development 0.500 10/28/25 AAA Various 9,994,372.85 9,374,590.31 Inter-American Dev Bank 0.875 04/20/26 AAA 04/13/21 9,342,016.70 8,725,746.31 Intl. Bank Recon & Development 3.500 07/12/28 AAA Various 14,429,190.65 14,610,641.63 International Finance Corp 4.500 07/13/28 AAA 07/06/23 4,365,149.30 4,436,146.55 Inter-American Dev Bank 3.125 09/18/28 AAA Various 9,019,187.20 9,037,101.86 Inter-American Dev Bank 4.125 02/15/29 AAA 02/15/24 8,416,955.00 8,477,836.03 SUBTOTAL SUPRANATIONAL SECURITIES 69,913,517.55 68,453,699.93 U.S. GOVERNMENT AGENCY SECURITIES
FHLB 2.750 12/13/24 AA+ 02/06/20 5,281,300.00 4,957,389.20 FNMA 1.625 01/07/25 AA+ 03/04/20 8,281,440.00 7,819,161.41 FHLMC 1.500 02/12/25 AA+ 02/13/20 6,599,914.15 6,414,441.50 FHLB 2.375 03/14/25 AA+ 03/19/20 6,346,620.00 5,857,249.13 FNMA 0.625 04/22/25 AA+ 04/22/20 5,199,267.40 4,988,949.58 FHLB 0.500 06/13/25 AA+ 06/29/20 5,007,400.00 4,753,380.10 FNMA 0.500 06/17/25 AA+ 06/17/20 6,506,503.60 6,192,662.39 FHLMC 0.375 07/21/25 AA+ 07/21/20 4,606,942.60 4,371,252.20 FNMA 0.375 08/25/25 AA+ Various 7,962,282.50 7,517,640.01 FHLMC 0.375 09/23/25 AA+ Various 7,970,197.55 7,494,257.14 FNMA 0.500 11/07/25 AA+ 11/09/20 6,063,215.70 5,699,992.37 FHLB 4.500 12/12/25 AA+ 02/03/23 7,592,925.00 7,564,394.10 FFCB 4.375 06/23/26 AA+ 06/20/23 7,745,892.50 7,799,513.61 FHLB 4.500 03/10/28 AA+ Various 10,246,000.00 10,069,020.80 DESCRIPTION COUPON MATURITY *INVEST PURCH COST **MARKET
OF SECURITY RATE DATE RATING DATE VALUE VALUE
CITY OF RIVERSIDE
Pooled Investment Portfolio Holdings
March 31, 2024
Tennessee Valley Authority 3.875 03/15/28 AA+ Various 10,325,114.60 10,138,289.09 FHLB 4.375 06/09/28 AA+ 07/26/23 6,528,665.00 6,593,108.80 SUBTOTAL U.S. GOVERNMENT AGENCY SECURITIES 112,263,680.60 108,230,701.43 U.S. GOVERNMENT TREASURY SECURITIES
US Treasury 1.750 06/30/24 AA+ 09/09/19 2,782,333.98 2,737,599.66 US Treasury 1.500 02/15/25 AA+ Various 9,182,163.83 9,224,751.39 US Treasury 1.125 02/28/25 AA+ 03/24/20 6,177,656.25 5,795,459.41 US Treasury 1.750 03/15/25 AA+ 05/04/22 4,827,539.06 4,850,826.77 US Treasury 2.750 05/15/25 AA+ Various 9,795,000.00 9,862,461.34 US Treasury 3.125 08/15/25 AA+ 09/27/22 4,826,171.88 4,905,878.68 US Treasury 0.250 09/30/25 AA+ 10/16/20 6,975,937.50 6,541,493.14 US Treasury 4.250 10/15/25 AA+ 10/28/22 3,983,750.00 4,045,528.51 US Treasury 0.375 12/31/25 AA+ 12/29/20 2,249,824.22 2,089,007.55 US Treasury 0.375 01/31/26 AA+ Various 8,625,488.28 8,095,489.01 US Treasury 4.000 02/15/26 AA+ 02/16/23 7,425,585.94 7,444,747.99 US Treasury 0.750 03/31/26 AA+ 03/30/21 3,969,843.75 3,706,331.97 US Treasury 0.750 05/31/26 AA+ Various 9,942,773.44 9,238,095.52 US Treasury 0.750 08/31/26 AA+ Various 5,170,878.90 4,802,457.10 US Treasury 1.125 10/31/26 AA+ Various 12,919,453.14 12,001,160.72 US Treasury 1.500 01/31/27 AA+ Various 15,585,117.20 15,257,570.39 US Treasury 2.750 04/30/27 AA+ Various 18,449,570.32 18,312,669.03 US Treasury 3.250 06/30/27 AA+ Various 20,141,015.63 19,478,348.10 US Treasury 4.125 09/30/27 AA+ Various 20,091,445.31 19,846,785.29 US Treasury 3.875 12/31/27 AA+ Various 20,147,968.81 19,873,222.92 US Treasury 3.625 03/31/28 AA+ Various 20,028,125.00 19,498,855.89 US Treasury 3.625 05/31/28 AA+ Various 26,998,242.19 27,137,847.47 US Treasury 4.125 07/31/28 AA+ Various 30,015,292.97 30,520,214.62 US Treasury 4.625 09/30/28 AA+ Various 9,375,585.94 9,638,134.05 US Treasury 4.375 11/30/28 AA+ Various 20,273,378.90 20,399,526.17 US Treasury 3.750 12/31/28 AA+ Various 24,582,675.78 24,703,747.55 US Treasury 4.250 02/28/29 AA+ Various 16,994,687.54 17,085,404.12 SUBTOTAL U.S. GOVERNMENT TREASURY SECURITIES 341,537,505.76 337,093,614.36
TOTAL POOLED CASH & INVESTMENTS 1,021,317,097.07 1,004,967,510.18 *The City uses S&P ratings
** Includes accrued interest
DESCRIPTION COST MARKET
OF SECURITY VALUE VALUE
CASH AND EQUIVALENTS
*Cash 7,746.26 7,746.26
First American Government Obligation Fund CL "X" 1,806,003.38 1,806,003.38 SUBTOTAL CASH AND EQUIVALENTS 1,813,749.64 1,813,749.64
MUTUAL FUNDS - EQUITY
Ishares Core - S P500 Etf 6,079,266.26 7,795,524.44
Ishares S P - 500 Growth Etf 2,132,375.33 2,813,371.92
Ishares S P - 500 Value Etf 2,655,520.70 3,319,613.70
Ishares - Russell Mid Cap Etf 2,500,694.05 2,960,304.36 Ishares - Russell 2000 Value Etf 1,602,014.88 1,778,354.38 Ishares - Russell 2000 Growth Etf 1,541,508.62 1,776,989.60 Ishares Core - Msci Eafe Etf 2,943,190.00 3,321,790.32
Vanguard Ftse - Emerging Markets Etf 1,731,856.17 1,744,022.81 Vanguard Real - Estate Etf 774,909.08 785,065.44
SUBTOTAL MUTUAL FUNDS - EQUITY 21,961,335.09 26,295,036.97
MUTUAL FUNDS - FIXED INCOME
Ishares Core - U.S. Aggregate Bond Etf 19,259,061.70 18,871,470.96 Ishares Mbs - Etf 4,229,780.38 4,268,661.60
Spdr High Yield Bond Etf 1,209,016.30 1,214,711.88
SUBTOTAL MUTUAL FUNDS - FIXED INCOME 24,697,858.38 24,354,844.44 TOTAL ASSETS 48,472,943.11 52,463,631.05
* Includes accrued income
CITY OF RIVERSIDE
Investments held by Fiscal Agent
March 31, 2024
Section 115 Pension Trust Fund
DESCRIPTION COUPON MATURITY *INVEST PURCH COST **MARKET
OF SECURITY RATE DATE RATING DATE VALUE VALUE
CASH & MONEY MARKET ACCOUNTS
US Bank Commercial Paper Sweep N/A Varies NR Varies 330,387.38 330,387.38 US Bank Gcts0005 N/A Varies NR Varies 18.61 18.61 US Bank Gcts0170 N/A Varies NR Varies 25,705,725.72 25,705,725.72 US Bank Gcts0300 N/A Varies NR Varies 15,416,021.08 15,416,021.08 US Bank Gcts0470 N/A Varies NR Varies 156,616,522.08 156,616,522.08 First American Government Obligation CL "Y" N/A Varies AAA Varies 148,214.45 148,214.45 First American Government Obligation CL "Z" N/A Varies AAA Varies 6,259,669.23 6,259,669.23 First American Treasury MMF Class "Z" N/A Varies AAA Varies 44,359,095.76 44,359,095.76 SUBTOTAL CASH & MONEY MARKET ACCOUNTS 248,835,654.31 248,835,654.31 LOCAL AGENCY INVESTMENT FUND (LAIF) N/A Varies NR Varies 1,301,651.65 1,314,865.73
MEDIUM TERM NOTES
Wal-Mart Stores 1.050 09/17/26 AA 09/08/21 119,773.20 110,059.19 Simon Property Group 3.300 01/15/26 A- 08/11/21 678,656.25 608,458.28 Target Corp 1.950 01/15/27 A 01/19/22 264,549.50 247,415.79 Goldman Sachs Group Inc 0.855 02/12/26 BBB+ 06/18/21 619,243.75 599,400.04 Bank of America Corp 2.015 02/13/26 A- 03/04/21 620,028.00 582,875.66 Eli Lilly & Co 2.750 06/01/25 A+ 06/10/21 699,166.00 638,883.74 United Health Group Inc 1.150 05/15/26 A+ Various 130,420.30 120,808.13 Merck & Co 4.050 05/17/28 A+ 05/15/23 600,024.00 598,852.62 Citigroup Inc 3.106 04/08/26 BBB+ 06/18/21 669,075.00 618,508.54 Honeywell Intl 1.350 06/01/25 A 06/10/21 717,066.00 673,966.22 PNC Bank 3.250 06/01/25 A 06/10/21 710,365.50 640,709.00 Morgan Stanley 0.790 05/30/25 A- 05/26/21 640,340.50 635,765.93 Salesforce.com Inc 0.625 07/15/24 A+ 06/29/21 94,951.55 93,806.99 Realty Income Corp 4.700 12/15/28 A- 01/29/24 571,958.25 574,282.17 Virginia Electric Power Corp 3.750 05/15/27 BBB+ 05/16/22 119,625.60 117,459.64 JP Morgan Chase & Co 2.005 03/13/26 A- 03/12/21 617,298.00 580,660.46 Amazon.com Inc 0.450 05/12/24 AA 05/10/21 394,423.30 393,352.43 Toyota Motor Credit Corp 1.800 02/13/25 A+ 05/05/21 777,315.00 729,552.88 Chubb INA Holdings Inc 3.150 03/15/25 A 01/26/21 659,406.00 588,350.26 Caterpillar Financial Service 3.400 05/13/25 A 05/10/22 209,733.30 208,702.50
Royal Bank of Canada 1.150 06/10/25 A 02/22/21 607,344.00 574,458.48 Toronto Dominion Bank 0.750 09/11/25 A 02/10/21 650,292.50 610,732.04 John Deere Capital Corp 4.500 01/16/29 A 01/29/24 573,234.75 575,274.67 SUBTOTAL MEDIUM TERM NOTES 11,744,290.25 11,122,335.66
ASSET BACKED SECURITIES
Honda Auto Receivables Trust 0.270 04/21/25 NR 02/17/21 8,156.07 8,110.19 Honda Auto Receivables Trust 0.880 01/21/26 NR 11/16/21 84,201.29 82,187.17 GM Financial Securitized Term 0.680 09/16/26 AAA 10/13/21 67,182.82 65,257.57 Toyota Auto Receivables Owners 0.260 05/15/25 NR 02/02/21 32,772.17 32,614.97 John Deere Owner Trust 0.360 09/15/25 NR 03/02/21 32,556.06 32,158.50 Hyundai Auto Receivables Trust 0.380 09/15/25 AAA 04/20/21 26,015.43 25,809.33 Hyundai Auto Receivables Trust 0.380 01/15/26 AAA 07/20/21 138,086.01 136,023.49 John Deere Owner Trust 0.520 03/16/26 NR 07/13/21 91,822.35 89,688.96 Hyundai Auto Receivables Trust 0.740 05/15/26 AAA 11/09/21 58,528.77 57,255.10
CITY OF RIVERSIDE
Investments Held by Fiscal Agent
March 31, 2024
DESCRIPTION COUPON MATURITY *INVEST PURCH COST **MARKET
OF SECURITY RATE DATE RATING DATE VALUE VALUE
CITY OF RIVERSIDE
Investments Held by Fiscal Agent
March 31, 2024
GM Financial Auto Lease Trust 1.900 03/20/25 NR 02/15/22 42,990.04 42,910.82 Honda Auto Receivables Trust 1.880 05/15/26 AAA 02/15/22 194,395.26 190,068.49 GM Financial Auto Receivables 1.260 11/16/26 AAA 01/11/22 68,656.26 67,010.34 Mercedes-Benz Auto Receivables 5.210 08/16/27 AAA 11/15/22 414,917.91 415,520.92 GM Financial Securitized ART 3.100 02/16/27 AAA 04/05/22 127,405.02 125,312.55 BMW Vehicle Owner Trust 3.210 08/25/26 AAA 05/10/22 119,132.10 117,395.76 John Deere Owner Trust 2.320 09/15/26 NR 03/10/22 124,955.32 122,487.51 John Deere Owner Trust 3.740 02/16/27 NR 07/12/22 184,982.33 182,598.78 John Deere Owner Trust 5.090 06/15/27 NR 10/12/22 239,981.38 239,696.51 Honda Auto Receivables Owner 5.040 04/21/27 NR 02/16/23 139,973.99 139,833.74 SUBTOTAL ASSET BACKED SECURITIES 2,196,710.58 2,171,940.70
SUPRANATIONAL SECURITIES
International Finance Corp 1.375 10/16/24 AAA 07/12/21 1,026,900.00 985,574.14 Intl. Bank Recon & Development 0.500 10/28/25 AAA 01/26/21 1,000,640.00 937,459.04 Inter-American Dev Bank 0.875 04/20/26 AAA 04/13/21 1,040,213.90 971,593.49 Inter-American Dev Bank 3.125 09/18/28 AAA 01/09/24 957,660.00 950,773.47 SUBTOTAL SUPRANATIONAL SECURITIES 4,025,413.90 3,845,400.14 U.S. GOVERNMENT AGENCY SECURITIES
FHLB 4.500 10/03/24 AA+ 10/27/22 799,128.00 814,705.86 FFCB 4.500 11/18/24 AA+ 11/15/22 809,141.40 819,858.08 FFCB 1.750 02/14/25 AA+ 02/10/22 603,384.65 589,253.79 FHLB 4.500 12/12/25 AA+ 01/30/23 1,264,562.50 1,260,732.35 SUBTOTAL U.S. GOVERNMENT AGENCY SECURITIES 3,476,216.55 3,484,550.08 U.S. GOVERNMENT TREASURY SECURITIES
US Treasury 3.250 08/31/24 AA+ 09/30/22 1,703,341.53 1,718,303.49 US Treasury 0.375 09/15/24 AA+ 09/29/21 1,492,734.38 1,467,652.43 US Treasury 3.000 07/15/25 AA+ 09/30/22 247,159.51 245,727.17 US Treasury 3.125 08/15/25 AA+ 08/25/22 1,241,503.90 1,226,469.67 US Treasury 4.250 10/15/25 AA+ Various 2,523,849.62 2,553,739.88 US Treasury 0.375 01/31/26 AA+ Various 1,724,482.43 1,619,097.83 US Treasury 4.000 02/15/26 AA+ 09/06/23 7,404,702.04 7,469,563.81 US Treasury 0.750 03/31/26 AA+ 05/18/21 2,194,070.32 2,038,482.58 US Treasury 0.750 05/31/26 AA+ 06/23/21 3,232,099.61 3,002,381.05 US Treasury 4.375 08/15/26 AA+ 09/06/23 200,867.63 202,343.55 US Treasury 1.500 01/31/27 AA+ 03/30/22 765,312.50 739,760.99 US Treasury 3.250 06/30/27 AA+ 08/25/22 1,486,835.94 1,460,876.10 US Treasury 3.125 08/31/27 AA+ 09/30/22 670,665.96 664,706.25 US Treasury 4.125 09/30/27 AA+ Various 2,533,158.21 2,505,656.63 US Treasury 3.875 12/31/27 AA+ 01/30/23 1,007,656.26 993,661.16 US Treasury 3.625 03/31/28 AA+ 05/25/23 987,265.62 974,942.79 US Treasury 4. 125 07/31/28 AA+ 08/30/23 719,392.58 725,480.51 US Treasury 4.625 09/30/28 AA+ Various 1,694,119.14 1,699,355.21 US Treasury 3.750 12/31/28 AA+ Various 1,893,478.51 1,902,188.56 US Treasury 3.
125 08/31/29 AA+ 09/30/22 189,730.51 189,887.23 DESCRIPTION COUPON MATURITY *INVEST PURCH COST **MARKET
OF SECURITY RATE DATE RATING DATE VALUE VALUE
CITY OF RIVERSIDE
Investments Held by Fiscal Agent
March 31, 2024
SUBTOTAL U.S. GOVERNMENT TREASURY SECURITIES 33,912,426.20 33,400,276.89 TOTAL INVESTMENTS HELD WITH FISCAL AGENT 305,492,363.44 304,175,023.51 *The City uses S&P ratings
**Includes accrued interest
General Fund 101 132,298,340 - 132,298,340 Measure Z 110 66,755,250 - 66,755,250 Pension Trust 115 6,557,073 - 6,557,073 Enterprise Funds
Electric 510 290,608,197 2,002,899 292,611,096 Electric - Public Benefits Program 511 32,415,880 - 32,415,880 Water 520 58,091,615 - 58,091,615 Water - Conservation & Reclamation Program 521 3,725,196 - 3,725,196 Airport 530 3,066,180 - 3,066,180 Refuse Collection 540 16,253,094 - 16,253,094 Sewer Service 550 115,838,900 1,130,944 116,969,844 Special Transit 560 145,498 - 145,498 Public Parking 570 7,721,526 - 7,721,526 Civic Entertainment (Convention Center, Visitors Bureau, Sports Commission) 580 (1,126,950) - (1,126,950) Civic Entertainment (Fox, Box, RMA, Showcase) 581 3,024,668 - 3,024,668 Civic Entertainment (Cheech Marin Center) 582 (48,097) - (48,097) SubTotal - Enterprise Funds 529,715,707 3,133,843 532,849,550 Special Revenue Funds
Urban Areas Security Initiative 205 (821,644) - (821,644) Grants and Restricted Programs 215 43,819,303 - 43,819,303 Community Development Block Grant 220 (1,299,992) - (1,299,992) Home Investment Partnership Program 221 1,122,625 - 1,122,625 Housing Opportunities for Persons with AIDS 222 (3,947,913) - (3,947,913) Community Development Grants 223 14,998,513 - 14,998,513 Neighborhood Stabilization Program 225 (85,314) - (85,314) Special Gas Tax 230 32,634,881 - 32,634,881 Air Quality Improvement 240 2,226,331 - 2,226,331 NPDES Storm Drain 260 (310,712) - (310,712) Housing Authority 280 (586,499) - (586,499) Housing Assets 281 8,775,111 - 8,775,111 Special Districts Various 251,715 - 251,715 SubTotal - Special Revenue Funds 96,776,405 - 96,776,405 Capital Projects Funds
Capital Outlay 401 24,074,405 - 24,074,405 Storm Drain 410 838,229 - 838,229 Local Park Special Capital Improvements 411 2,434,561 - 2,434,561 Regional Park Special Capital Improvements 413 4,837,957 - 4,837,957 Measure Z Capital Outlay 420 29,095,547 - 29,095,547 Capital Outlay Grants 430 996,043 - 996,043 Transportation Projects 431 (30,355) - (30,355) Measure A Capital Outlay 432 38,231,037 - 38,231,037 Transportation Development Impact Fees 433 8,453,938 - 8,453,938 Transportation Uniform Mitigation Fees 434 (2,184,797) - (2,184,797) Community Facilities Districts and Assessment Districts Various 2,167,708 - 2,167,708 SubTotal - Capital Project Funds 108,914,273 - 108,914,273 Debt Service Funds
Debt Service Fund - General 390 (11,387,860) - (11,387,860) Debt Service Fund - Public Works 391 2,012,871 - 2,012,871 SubTotal Debt Service Funds (9,374,989) - (9,374,989) Agency Funds
Successor Agency Various 28,068,234 - 28,068,234 Community Facilities Districts and Assessment Districts Various 661,445 - 661,445 Special Deposits Various (249,708) - (249,708) SubTotal Agency Funds 28,479,971 - 28,479,971 Internal Service Funds
Workers' Compensation Insurance Trust 610 23,826,247 - 23,826,247 Unemployment Insurance Trust 620 424,239 - 424,239 Liability Insurance Trust 630 6,383,523 - 6,383,523 Parada Settlement Fund 631 2,851,843 - 2,851,843 Central Stores 640 (1,021,052) - (1,021,052) Central Garage 650 12,380,680 - 12,380,680 SubTotal - Internal Service Funds 44,845,480 - 44,845,480 1,004,967,510$ 3,133,843$ 1,008,101,353$
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 March 31, 2024
Total - All Funds
Cash
Balance 1Fund Interfund Loan
Receivables 2
Cash Balance +
Loan
Receivables