CITY OF RIVERSIDE
Quarterly Investment Report
June 30, 2024
AMORTIZED MARKET
COST VALUE
POOLED INVESTMENT PORTFOLIO
Deposit Accounts 41,168,430.04$ 41,168,430.04$
Joint Powers Authority Pool 213,274,880.55 213,274,880.55 Medium Term Notes 214,841,273.38 208,961,726.49 U.S. Govt Agency Mortgage Backed Securities 32,409,209.38 31,386,891.90 Asset Backed Securities 91,159,132.98 90,836,277.90 Supranational Securities 64,917,217.55 63,336,045.42 U.S. Govt Agency Securities 100,382,062.80 96,755,857.50 U.S. Govt Treasury Securities 346,993,007.95 340,864,140.62 TOTAL POOLED INVESTMENT PORTFOLIO 1,105,145,214.63 1,086,584,250.42
INVESTMENTS HELD BY FISCAL AGENT -
SECTION 115 PENSION TRUST FUND 62,037,174.01 65,992,332.75 OTHER INVESTMENTS HELD BY FISCAL AGENT 235,357,914.68 233,819,860.34 OTHER MISCELLANEOUS CASH 5,210,737.12 5,210,737.12 TOTAL CASH & INVESTMENTS 1,407,751,040.44$ 1,391,607,180.63$ Verified by:
Ryan Carter, Controller
Appr
oved 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 2.01 years. Market prices of securities are obtained from Interactive Data Corporation. Weighted average yield on cost for the City's investment portfolio is 3.20%. 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. 31%
20%
19%
9%
8%
6%
4% 3%
COMPOSITION OF POOLED
PORTFOLIO
U.S. Govt Treasury Securities (31.37%)
Joint Powers Authority Pool (19.63%)
Medium Term Notes (19.23%)
U.S. Govt Agency Securities (8.9%)
Asset Backed Securities (8.36%)
Supranational Securities (5.83%)
Deposit Accounts (3.79%)
U.S. Govt Agency Mortgate Backed Securities (2.89%)
$346,355
$346,820
$139,381
$121,462
$66,442 $66,124
COMPOSITION OF POOLED
PORTFOLIO BY FUND
Electric Fund (31.88%) All Other Funds (31.91%)
General Fund (12.83%) Sewer Fund (11.18%)
Water Fund (6.11%) Measure Z (6.09%)
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 40,168,605.12 40,168,605.12 Federated Investors Federated Treasury N/A Varies AAA Varies 999,824.92 999,824.92 SUBTOTAL DEPOSIT ACCOUNTS 41,168,430.04 41,168,430.04
JOINT POWERS AUTHORITY POOL
California Asset Management Program (CAMP) N/A Varies AAA Varies 213,274,880.55 213,274,880.55 SUBTOTAL JOINT POWERS AUTHORITY POOL 213,274,880.55 213,274,880.55
MEDIUM TERM NOTES
Deere & Company 2.050 01/09/25 A 02/06/20 3,024,810.00 2,947,261.71 Honda Motor Co., Ltd. 1.500 01/13/25 A- Various 1,992,466.80 1,957,919.78 Chubb Limited 3.150 03/15/25 A Various 6,518,943.13 5,855,343.58 Royal Bank of Canada 3.375 04/14/25 A 04/14/22 1,497,420.00 1,474,653.26 Bank of Montreal 1.850 05/01/25 A- 08/12/21 2,581,050.00 2,425,007.88 Caterpillar Inc. 3.400 05/13/25 A 05/10/22 2,736,520.20 2,695,008.65 QUALCOMM Incorporated 3.450 05/20/25 A Various 5,245,703.20 4,917,940.15 Honeywell International Inc. 1.350 06/01/25 A 06/23/20 5,119,000.00 4,821,626.85 Royal Bank of Canada 1.150 06/10/25 A Various 5,044,880.00 4,801,216.80 Northwestern Mutual Global Funding 4.000 07/01/25 AA+ 06/27/22 6,402,822.30 6,324,346.70 Honda Motor Co., Ltd. 1.200 07/08/25 A- 06/22/21 2,017,540.00 1,916,052.52 The Toronto-Dominion Bank 0.750 09/11/25 A 09/15/20 2,493,425.00 2,365,605.40 National Rural Utilities Cooperative 3.250 11/01/25 A- 04/14/22 2,994,000.00 2,915,267.07 Simon Property Group, Inc. 3.300 01/15/26 A- 08/11/21 4,750,593.75 4,239,129.48 The Goldman Sachs Group, Inc. 0.855 02/12/26 BBB+ 06/18/21 4,334,706.25 4,243,079.49 Bank of America Corporation 2.015 02/13/26 A- 03/04/21 2,066,760.00 1,954,225.40 JPMorgan Chase & Co. 2. 005 03/13/26 A- 03/12/21 3,086,490.00 2,922,317.55 Citigroup Inc. 3.106 04/08/26 BBB+ Various 6,788,825.00 6,245,665.47 Massachusetts Mutual Life Insurance 4.500 04/10/26 AA+ 04/04/23 1,998,620.00 1,977,926.02 JPMorgan Chase & Co. 2.
083 04/22/26 A- 06/23/21 3,105,570.00 2,913,181.56 Guardian Life Global Funding 1.250 05/13/26 AA+ 02/09/22 2,307,168.00 2,228,088.24 UnitedHealth Group Incorporated 1.150 05/15/26 A+ Various 2,852,118.20 2,788,708.71 Toyota Motor Corporation 1.125 06/18/26 A+ Various 4,989,707.50 4,630,377.75 Bank of America Corporation 1.319 06/19/26 A- 06/18/21 2,004,120.00 1,916,418.32 Met Tower Global Funding 1.250 09/14/26 AA- 09/07/21 2,927,304.40 2,686,110.29 Bank of Montreal 1.250 09/15/26 A- Various 2,495,539.50 2,289,940.70 Walmart Inc. 1.050 09/17/26 AA 09/08/21 1,332,476.85 1,230,652.54 Morgan Stanley 6.138 10/16/26 A- 10/19/22 1,498,185.00 1,509,852.50 Metropolitan Life Global Funding I 1.875 01/11/27 AA- 01/03/22 4,240,160.70 3,917,078.25 The Toronto-Dominion Bank 1.950 01/12/27 A 01/25/22 992,295.35 928,070.87 The Charles Schwab Corporation 2.450 03/03/27 A- 03/01/22 1,668,196.40 1,557,542.30 The Goldman Sachs Group, Inc. 1.431 03/09/27 BBB+ Various 2,914,727.50 3,032,557.35 Berkshire Hathaway Inc. 2. 300 03/15/27 AA 03/07/22 4,924,064.25 4,616,561.68 Toyota Motor Corporation 3.050 03/22/27 A+ 06/14/23 1,881,520.00 1,899,286.86 Amazon.com, Inc. 3.300 04/13/27 AA 04/25/22 2,994,810.00 2,876,831.88 Dominion Energy, Inc. 3.750 05/15/27 BBB+ Various 5,509,511.95 5,296,932.63 QUALCOMM Incorporated 3.250 05/20/27 A Various 4,754,650.00 4,774,693.75 Citigroup Inc. 1.462 06/09/27 BBB+ 06/21/22 1,753,880.00 1,853,654.88 Merck & Co., Inc. 1.700 06/
10/27 A+ 06/23/22 3,966,221.40 4,019,408.48
Caterpillar Inc. 3.600 08/12/27 A Various 3,213,062.50 3,127,957.69
CITY OF RIVERSIDE
Pooled Investment Portfolio Holdings
June 30, 2024
DESCRIPTION COUPON MATURITY *INVEST PURCH COST MARKET
OF SECURITY RATE DATE RATING DATE VALUE VALUE
CITY OF RIVERSIDE
Pooled Investment Portfolio Holdings
June 30, 2024
Walmart Inc. 3.950 09/09/27 AA Various 2,495,938.60 2,442,587.05 Amazon.com, Inc. 4.550 12/01/27 AA Various 3,027,460.00 2,977,709.07 The Toronto-Dominion Bank 5.156 01/10/28 A Various 3,980,080.00 3,995,195.64 Deere & Company 4.750 01/20/28 A Various 7,069,150.00 6,970,177.34 Bank of America Corporation 3.824 01/20/28 A- Various 2,356,757.55 2,409,589.25 UnitedHealth Group Incorporated 5.250 02/15/28 A+ 02/21/23 4,061,040.00 4,052,063.76 Comcast Corporation 3.550 05/01/28 A- Various 4,785,920.00 4,749,768.65 JPMorgan Chase & Co. 3.540 05/01/28 A- 06/12/23 1,872,100.00 1,908,740.12 Public Service Enterprise Group Inco 3.700 05/01/28 A 02/27/24 1,433,610.00 1,436,281.29 Apple Inc. 4.000 05/10/28 AA+ 05/08/23 1,571,960.25 1,542,283.82 Merck & Co., Inc. 4.050 05/17/28 A+ Various 3,997,647.20 3,915,876.12 BNY Mellon Corp 3.992 06/13/28 A 07/14/23 1,922,520.00 1,934,181.54 Honda Motor Co., Ltd. 5.125 07/07/28 A- Various 2,330,643.15 2,379,791.17 Royal Bank of Canada 5.200 08/01/28 A 09/07/23 1,478,460.00 1,509,848.93 Bank of Montreal 5.717 09/25/28 A- 11/09/23 2,467,200.00 2,550,586.55 Realty Income Corporation 4.700 12/15/28 A- Various 4,191,465.00 4,172,376.00 Metropolitan Life Global Funding I 4.850 01/08/29 AA- 01/23/24 1,495,335.00 1,487,231.60 Deere & Company 4. 500 01/16/29 A 04/18/24 1,945,100.00 1,966,034.22 Morgan Stanley 3.772 01/24/29 A- 01/23/24 1,425,135.00 1,427,861.28 U.S. Bancorp 4.653 02/01/29 A 04/11/24 3,863,840.00 3,913,954.04 Cisco Systems, Inc. 4.
850 02/26/29 AA- 02/21/24 4,473,433.75 4,474,210.52 The Toronto-Dominion Bank 4.994 04/05/29 A 05/23/24 2,466,525.00 2,478,652.28 Morgan Stanley 5.164 04/20/29 A- 05/30/24 5,446,725.00 5,482,150.58 Bank of America Corporation 5.202 04/25/29 A- 05/16/24 3,988,040.00 3,993,662.32 Toyota Motor Corporation 5.050 05/16/29 A+ Various 3,994,220.00 4,013,987.16 The Home Depot, Inc. 4.750 06/25/29 A 06/17/24 3,681,102.75 3,683,425.23 SUBTOTAL MEDIUM TERM NOTES 214,841,273.38 208,961,726.49 U.S. GOVERNMENT AGENCY MORTGAGE BACKED SECURITIES
FHMS K-041 A2 3.171 10/25/24 AA+ 07/01/21 5,091,716.72 4,695,646.37 FHMS K-047 A2 3.329 05/25/25 AA+ 05/20/22 5,005,455.25 4,886,639.66 FHMS K-049 A2 3.010 07/25/25 AA+ 06/23/21 1,781,337.22 1,608,909.82 FHMS K-059 A2 3.120 09/25/26 AAA 02/18/22 3,128,437.50 2,883,393.90 FHMS K-073 A2 3.350 01/25/28 AA+ 05/24/23 5,156,267.97 5,102,237.86 FHMS K-074 A2 3.600 01/25/28 AA+ 07/25/23 2,386,035.15 2,396,321.00 FHMS K-077 A2 3.850 05/25/28 AA+ 05/24/23 7,023,638.67 6,900,302.03 FHMS K-085 A2 4.060 10/25/28 AA+ 10/30/23 2,836,320.90 2,913,441.26 SUBTOTAL U.S. GOVERNMENT AGENCY MORTGAGE BACKED SECURITIES 32,409,209.38 31,386,891.90
ASSET BACKED SECURITIES
American Express Credit Master Trust 3.390 05/15/25 AAA 05/17/22 5,188,851.97 5,097,099.00 American Express Credit Master Trust 3.750 08/15/25 NR 10/28/22 3,868,125.00 3,928,026.40 John Deere Owner Trust 0.360 09/15/25 NR 03/02/21 145,652.25 144,763.84 Hyundai Auto Receivables Trust 0.380 09/15/25 AAA 04/20/21 47,448.37 47,339.86 BMW Vehicle Lease Trust 5.160 11/25/25 AAA 02/07/23 788,298.16 786,846.48 Hyundai Auto Receivables Trust 0.380 01/15/26 AAA 07/20/21 844,834.81 837,322.82 Honda Auto Receivables Owner Trust 0.880 01/21/26 NR 11/16/21 699,109.51 685,029.20 John Deere Owner Trust 0.520 03/16/26 NR 07/13/21 648,332.99 635,904.58 Honda Auto Receivables Owner Trust 1.880 05/15/26 AAA 02/15/22 1,742,765.97 1,710,035.04 Hyundai Auto Receivables Trust 0.740 05/15/26 AAA 11/09/21 472,407.43 464,764.30 BMW Vehicle Owner Trust 3.210 08/25/26 AAA 05/10/22 1,244,370.15 1,227,795.52 DESCRIPTION COUPON MATURITY *INVEST PURCH COST MARKET
OF SECURITY RATE DATE RATING DATE VALUE VALUE
CITY OF RIVERSIDE
Pooled Investment Portfolio Holdings
June 30, 2024
John Deere Owner Trust 0.360 09/15/26 NR 03/10/22 957,630.02 938,999.90 GM Financial Securitized Term 0.680 09/16/26 AAA 10/13/21 597,086.28 583,203.73 Hyundai Auto Receivables Trust 2.220 10/15/26 AAA 03/09/22 1,935,838.21 1,900,823.75 GM Financial Securitized Term 1.260 11/16/26 AAA 01/11/22 610,776.13 597,297.39 GM Financial Securitized Term 3.100 02/16/27 AAA 04/05/22 1,255,771.15 1,236,189.58 John Deere Owner Trust 3.740 02/16/27 NR 07/12/22 2,367,395.01 2,334,237.65 Hyundai Auto Lease Securitization Tr 5.020 03/15/27 AAA 01/17/24 2,134,595.42 2,125,976.85 GM Financial Automobile Leasing Trus 5.090 03/22/27 AAA 02/08/24 2,714,660.63 2,701,959.86 Toyota Lease Owner Trust 5.250 04/20/27 AAA 02/21/24 2,854,879.52 2,854,602.01 Honda Auto Receivables Owner Trust 5.040 04/21/27 NR 02/16/23 1,849,656.27 1,842,269.41 John Deere Owner Trust 5.090 06/15/27 NR 10/12/22 3,454,731.89 3,442,662.54 GM Financial Automobile Leasing Trus 5.390 07/20/27 AAA 05/07/24 3,014,824.83 3,023,734.76 MERCEDES-BENZ AUTO RECEIVABLES TRUST 5.210 08/16/27 AAA 11/15/22 6,158,781.55 6,148,158.02 John Deere Owner Trust 5.010 11/15/27 NR 02/22/23 2,814,487.11 2,802,161.63 Mercedes-Benz Auto Lease Trust 5.320 01/18/28 NR 05/17/24 2,194,743.19 2,201,285.16 GM Financial Securitized Term 4.470 02/16/28 AAA 04/04/23 1,549,957.38 1,532,895.60 BMW Vehicle Owner Trust 5.470 02/25/28 AAA 07/11/23 1,499,734.20 1,504,700.10 John Deere Owner Trust 5. 180 03/15/28 NR 06/21/23 2,649,557.98 2,644,139.79 Toyota Auto Receivables Owner Trust 5.540 08/15/28 AAA 11/07/23 2,669,712.17 2,689,071.54 Chase Issuance Trust 5.160 09/15/28 AAA 09/07/23 8,417,665.98 8,441,494.58 Honda Auto Receivables Owner Trust 5.
270 11/20/28 AAA 05/14/24 2,859,652.51 2,867,719.43 GM Financial Securitized Term 4.850 12/18/28 NR 01/09/24 1,209,756.67 1,202,654.09 Chase Issuance Trust 4.600 01/16/29 AAA 01/24/24 5,194,208.80 5,147,229.90 Hyundai Auto Receivables Trust 4.990 02/15/29 AAA 03/20/24 3,349,261.33 3,337,681.72 BMW Vehicle Owner Trust 5.180 02/26/29 AAA 06/04/24 3,744,431.14 3,748,699.69 Bank of America Credit Card Trust 4.930 03/15/29 AAA 06/06/24 4,229,762.70 4,231,677.62 John Deere Owner Trust 5.200 03/15/29 NR 06/11/24 3,179,378.31 3,189,824.61 SUBTOTAL ASSET BACKED SECURITIES 91,159,132.98 90,836,277.90
SUPRANATIONAL SECURITIES
International Bank for Recon and Dev 0.625 04/22/25 AAA 04/15/20 4,278,378.35 4,140,062.04 Inter-American Development Bank 0.625 07/15/25 AAA 01/13/21 5,071,967.50 4,820,135.87 International Bank for Recon and Dev 0.500 10/28/25 AAA Various 9,994,372.85 9,425,732.80 Inter-American Development Bank 0.875 04/20/26 AAA 04/13/21 9,342,016.70 8,742,046.88 International Bank for Recon and Dev 3.500 07/12/28 AAA Various 14,429,190.65 14,453,114.25 International Finance Corporation 4.500 07/13/28 AAA 07/06/23 4,365,149.30 4,371,656.71 Inter-American Development Bank 3.125 09/18/28 AAA Various 9,019,187.20 9,002,495.93 Inter-American Development Bank 4.125 02/15/29 AAA 02/15/24 8,416,955.00 8,380,800.93 SUBTOTAL SUPRANATIONAL SECURITIES 64,917,217.55 63,336,045.42 U.S. GOVERNMENT AGENCY SECURITIES
FNMA 1.625 01/07/25 AA+ 03/04/20 8,281,440.00 7,850,739.92 Federal Home Loan Banks 2.375 03/14/25 AA+ 03/19/20 6,346,620.00 5,880,092.22 FNMA 0.625 04/22/25 AA+ 04/22/20 5,199,267.40 5,023,785.27 Federal Home Loan Banks 0.500 06/13/25 AA+ 06/29/20 5,007,400.00 4,785,535.00 FNMA 0.500 06/17/25 AA+ 06/17/20 6,506,503.60 6,237,292.80 FHLMC 0.375 07/21/25 AA+ 07/21/20 4,606,942.60 4,411,217.55 FNMA 0.375 08/25/25 AA+ Various 7,962,282.50 7,584,825.44 FHLMC 0.375 09/23/25 AA+ Various 7,970,197.55 7,560,952.08 FNMA 0.500 11/07/25 AA+ 11/09/20 6,063,215.70 5,733,562.65 Federal Home Loan Banks 4.500 12/12/25 AA+ 02/03/23 7,592,925.00 7,456,511.25 DESCRIPTION COUPON MATURITY *INVEST PURCH COST MARKET
OF SECURITY RATE DATE RATING DATE VALUE VALUE
CITY OF RIVERSIDE
Pooled Investment Portfolio Holdings
June 30, 2024
Farm Credit System 4.375 06/23/26 AA+ 06/20/23 7,745,892.50 7,695,308.25 Federal Home Loan Banks 4.500 03/10/28 AA+ Various 10,246,000.00 9,987,730.30 Tennessee Valley Authority 3.875 03/15/28 AA+ Various 10,324,710.95 10,075,467.62 Federal Home Loan Banks 4.375 06/09/28 AA+ 07/26/23 6,528,665.00 6,472,837.15 SUBTOTAL U.S. GOVERNMENT AGENCY SECURITIES 100,382,062.80 96,755,857.50 U.S. GOVERNMENT TREASURY SECURITIES
US Treasury 0.250 09/30/25 AA+ 10/16/20 2,989,687.50 2,828,671.86 US Treasury 4.250 10/15/25 AA+ 10/28/22 3,983,750.00 3,962,500.00 US Treasury 0.375 12/31/25 AA+ 12/29/20 2,249,824.22 2,104,189.45 US Treasury 0.375 01/31/26 AA+ Various 8,625,488.28 8,154,931.66 US Treasury 4.000 02/15/26 AA+ 02/16/23 7,425,585.94 7,398,632.85 US Treasury 0.750 03/31/26 AA+ 03/30/21 3,969,843.75 3,730,312.48 US Treasury 0.750 05/31/26 AA+ Various 9,942,773.44 9,273,828.10 US Treasury 0.750 08/31/26 AA+ Various 5,170,878.90 4,828,359.38 US Treasury 1.125 10/31/26 AA+ Various 12,919,453.14 11,997,070.28 US Treasury 1.500 01/31/27 AA+ Various 15,585,117.20 15,270,234.38 US Treasury 2.750 04/30/27 AA+ Various 18,449,570.32 18,101,953.22 US Treasury 3.250 06/30/27 AA+ Various 20,141,015.63 19,297,656.20 US Treasury 4.125 09/30/27 AA+ Various 20,091,445.31 19,773,437.60 US Treasury 3.875 12/31/27 AA+ Various 20,147,968.81 19,616,406.20 US Treasury 3.625 03/31/28 AA+ Various 20,028,125.00 19,437,500.00 US Treasury 3.625 05/31/28 AA+ Various 26,998,242.19 26,716,894.60 US Treasury 4. 125 07/31/28 AA+ Various 30,015,292.97 30,177,128.83 US Treasury 4.625 09/30/28 AA+ Various 9,375,585.94 9,580,527.32 US Treasury 4.375 11/30/28 AA+ Various 20,273,378.90 19,996,875.00 US Treasury 3.
750 12/31/28 AA+ Various 24,582,675.78 24,361,328.00 US Treasury 4.250 02/28/29 AA+ Various 29,760,039.10 29,865,234.30 US Treasury 4.625 04/30/29 AA+ Various 34,267,265.63 34,390,468.92 SUBTOTAL U.S. GOVERNMENT TREASURY SECURITIES 346,993,007.95 340,864,140.62
TOTAL POOLED CASH & INVESTMENTS 1,105,145,214.63 1,086,584,250.42 *The City uses S&P ratings
DESCRIPTION COST MARKET
OF SECURITY VALUE VALUE
CASH AND EQUIVALENTS
*Cash 19,144.28 19,144.28
First American Government Obligation Fund CL "X" 1,926,737.67 1,926,737.67 Charles Schwab Trust Bank 13,101,616.15 13,101,616.15
SUBTOTAL CASH AND EQUIVALENTS 15,047,498.10 15,047,498.10
MUTUAL FUNDS - EQUITY
Ishares Core - S P500 Etf 6,079,266.26 8,114,326.44
Ishares S P - 500 Growth Etf 2,416,587.05 3,393,071.64
Ishares S P - 500 Value Etf 2,495,322.72 3,039,202.98
Ishares - Russell Mid Cap Etf 2,253,778.57 2,572,506.24 Ishares - Russell 2000 Value Etf 1,602,014.88 1,705,455.40 Ishares - Russell 2000 Growth Etf 1,541,508.62 1,722,721.86 Ishares - Global Infrastructure Etf 418,265.81 406,888.72 Ishares Core - Msci Eafe Etf 2,732,426.66 3,018,264.64
Vanguard Ftse - Emerging Markets Etf 1,626,790.87 1,716,267.20 Vanguard Real - Estate Etf 923,728.56 906,953.28
SUBTOTAL MUTUAL FUNDS - EQUITY 22,089,690.00 26,595,658.40
MUTUAL FUNDS - FIXED INCOME
Ishares Core - U.S. Aggregate Bond Etf 19,461,189.23 18,905,838.55 Ishares Mbs - Etf 4,229,780.38 4,240,534.76
Spdr High Yield Bond Etf 1,209,016.30 1,202,802.94
SUBTOTAL MUTUAL FUNDS - FIXED INCOME 24,899,985.91 24,349,176.25 TOTAL ASSETS 62,037,174.01 65,992,332.75
* Includes accrued income
CITY OF RIVERSIDE
Investments held by Fiscal Agent
June 30, 2024
Section 115 Pension Trust Fund
DESCRIPTION COUPON M ATURITY *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 330,391.60 330,391.60 US Bank Money Mkt 3N-CT N/A Varies NR Varies 4,301,558.13 4,301,558.13 US Bank Gcts0170 N/A Varies NR Varies 2,978,064.48 2,978,064.48 US Bank Gcts0300 N/A Varies NR Varies 713,719.05 713,719.05 US Bank Gcts0470 N/A Varies NR Varies 127,745,592.11 127,745,592.11 First American Government Obligation CL "Y" N/A Varies AAA Varies 284,520.37 284,520.37 First American Government Obligation CL "Z" N/A Varies AAA Varies 5,940,289.71 5,940,289.71 First American Treasury MMF Class "Z" N/A Varies AAA Varies 35,242,817.51 35,242,817.51 SUBTOTAL CASH & MONEY MARKET ACCOUNTS 177,536,952.96 177,536,952.96 LOCAL AGENCY INVESTMENT FUND (LAIF) N/A Varies NR Varies 1,314,433.50 1,309,615.15
MEDIUM TERM NOTES
BANK OF AMERICA CORP 2.015 02/13/2026 2.015 0 2/13/26 A- 03/04/21 620,028.00 586,267.62 CATERPILLAR FINANCIAL SERVICES CORP 3.4 05 3.400 05/13/25 A 0 5/10/22 209,733.30 206,551.76 CHUBB INA HOLDINGS LLC 3.15 03/15/2025 3.150 03/15/25 A 01/26/21 659,406.00 590,554.07 CITIGROUP INC 3.106 04/08/2026 3.106 04/08/26 BBB+ 06/18/21 669,075.00 612,320.14 ELI LILLY AND CO 2.75 06/01/2025 2.750 06/01/25 A+ 06/10/21 699,166.00 635,053.22 GOLDMAN SACHS GROUP INC 0.855 02/12/2026 0.855 02/12/26 BBB+ 06/18/21 619,243.75 606,154.21 HONEYWELL INTERNATIONAL INC 1.35 06/01/202 1.350 06/01/25 A 0 6/10/21 717,066.00 675,027.76 JOHN DEERE CAPITAL CORP 4.5 01/16/2029 4.500 01/16/29 A 01/29/24 573,234.75 565,234.84 JPMORGAN CHASE & CO 2.005 03/13/2026 2.005 03/13/26 A- 03/12/21 617,298.00 584,463.51 MERCK & CO INC 4.05 05/17/2028 4.050 05/17/28 A+ 05/15/23 600,024.00 587,381.42 MORGAN STANLEY 5.164 04/20/2029 5.164 04/20/29 A- 05/30/24 594,210.00 598,052.79 PNC BANK NA (DELAWARE) 3.25 06/01/2025 3.250 06/01/25 A 06/10/21 710,365.50 636,638.31 REALTY INCOME CORP 4.7 12/15/2028 4.700 12/15/28 A- 01/29/24 571,958.25 564,497.93 ROYAL BANK OF CANADA 1.15 06/10/2025 1.150 06/10/25 A 02/22/21 607,344.00 576,146.02 SALESFORCE INC 0.625 07/15/2024 0.625 07/15/24 A+ 06/29/21 94,951.55 94,817.48 SIMON PROPERTY GROUP LP 3.3 01/15/2026 3.300 01/15/26 A- 08/11/21 678,656.25 605,589.93 TARGET CORP 1.95 01/15/2027 1.950 01/15/27 A 01/19/22 264,549.50 246,609.58 TORONTO-DOMINION BANK 4.994 04/05/2029 4.994 04/05/29 A 05/23/24 641,296.50 644,449.59 TOYOTA MOTOR CREDIT CORP 5.05 05/16/2029 5.050 05/16/29 A+ 05/20/24 750,187.50 752,622.59 UNITEDHEALTH GROUP INC 1.15 05/15/2026 1.150 05/15/26 A+ Various 130,420.30 120,844.04 VIRGINIA ELECTRIC AND POWER CO 3.75 05/15/2 3.750 05/15/27 BBB+ 0 5/16/22 119,625.60 115,569.44 WALMART INC 1.05 09/17/2026 1.050 09/17/26 AA 09/08/21 119,773.20 110,620.45 SUBTOTAL MEDIUM TERM NOTES 11,267,612.95 10,715,466.71
ASSET BACKED SECURITIES
BACCT 2024-1 A 4.93 03/15/2029 4.930 0 3/15/29 AAA 06/06/24 229,987.10 230,091.22 BMWOT 2022-A A3 3.21 08/25/2026 3.210 08/25/26 AAA 05/10/22 93,327.78 92,084.66 GMCAR 2021-4 A3 0.68 09/16/2026 0.680 09/16/26 AAA 10/13/21 51,434.40 50,238.52 GMCAR 2022-1 A3 1.26 11/16/2026 1.260 11/16/26 AAA 01/11/22 53,576.84 52,394.51 GMCAR 2022-2 A3 3.1 02/16/2027 3.100 02/16/27 AAA 04/05/22 104,959.97 103,323.31 HAROT 2021-4 A3 0.88 01/21/2026 0.880 01/21/26 NR 11/16/21 61,921.16 60,674.01 HAROT 2022-1 A3 1.88 05/15/2026 1.880 05/15/26 AAA 02/15/22 151,679.44 148,830.76 HAROT 2023-1 A3 5.04 04/21/2027 5.040 04/21/27 NR 0
2/16/23 139,973.99 139,414.98
HART 2021-A A3 0.38 09/15/2025 0.380 09/15/25 AAA 04/20/21 5,307.79 5,295.65 HART 2021-B A3 0.38 01/15/2026 0.380 01/15/26 AAA 07/20/21 77,943.39 77,250.36 HART 2021-C A3 0.74 05/15/2026 0.740 05/15/26 AAA 11/09/21 41,571.85 40,899.26 JDOT 2021 A3 0.36 09/15/2025 0.360 09/15/25 NR 03/02/21 16,133.79 16,035.38 JDOT 2021-B A3 0.52 03/16/2026 0.520 03/16/26 NR 07/13/21 60,275.83 59,120.38 JDOT 2022 A3 0.36 09/15/2026 0.360 09/15/26 NR 03/10/22 99,926.63 97,982.60 JDOT 2022-B A3 3.74 02/16/2027 3.740 02/16/27 NR 07/12/22 162,813.41 160,533.07 JDOT 2022-C A3 5.09 06/15/2027 5.090 06/15/27 NR 10/12/22 239,981.38 239,142.98 MBART 2022-1 A3 5.21 08/16/2027 5 .210 08/16/27 AAA 11/15/22 414,917.91 414,202.20 SUBTOTAL ASSET BACKED SECURITIES 2,005,732.65 1,987,513.85
CITY OF RIVERSIDE
Investments Held by Fiscal Agent
June 30, 2024
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, 2024
SUPRANATIONAL SECURITIES
INTER-AMERICAN DEVELOPMENT BANK 0.875 04 0.875 04/20/26 AAA 04/13/21 1,040,213.90 973,408.52 INTER-AMERICAN DEVELOPMENT BANK 3.125 09 3.125 09/18/28 AAA 01/09/24 957,660.00 947,132.66 INTERNATIONAL BANK FOR RECONSTRUCTION A 0.500 10/28/25 AAA 01/26/21 1,000,640.00 942,573.28 INTERNATIONAL FINANCE CORP 1.375 10/16/2024 1.375 10/16/24 AAA 07/12/21 1,026,900.00 988,260.10 SUBTOTAL SUPRANATIONAL SECURITIES 4,025,413.90 3,851,374.56 U.S. GOVERNMENT AGENCY SECURITIES
FEDERAL FARM CREDIT BANKS FUNDING CORP 1.750 02/14/25 AA+ 02/10/22 603,384.65 591,770.57 FEDERAL FARM CREDIT BANKS FUNDING CORP 4.500 11/18/24 AA+ 11/15/22 809,141.40 806,662.05 FEDERAL HOME LOAN BANKS 4.5 10/03/2024 4.500 10/03/24 AA+ 10/27/22 799,128.00 797,987.73 FEDERAL HOME LOAN BANKS 4.5 12/12/2025 4.500 12/12/25 AA+ 01/30/23 1,264,562.50 1,242,751.88 SUBTOTAL U.S. GOVERNMENT AGENCY SECURITIES 3,476,216.55 3,439,172.22 U.S. GOVERNMENT TREASURY SECURITIES
UNITED STATES TREASURY 0.375 01/31/2026 0.375 01/31/26 AA+ Various 1,724,482.43 1,630,986.33 UNITED STATES TREASURY 0.375 09/15/2024 0.375 09/15/24 AA+ 09/29/21 1,492,734.38 1,484,765.63 UNITED STATES TREASURY 0.75 03/31/2026 0.750 03/31/26 AA+ 05/18/21 2,194,070.32 2,051,671.86 UNITED STATES TREASURY 0.75 05/31/2026 0.750 05/31/26 AA+ 06/23/21 3,232,099.61 3,013,994.13 UNITED STATES TREASURY 1.5 01/31/2027 1.500 01/31/27 AA+ 03/30/22 765,312.50 740,375.00 UNITED STATES TREASURY 3.0 07/15/2025 3.000 07/15/25 AA+ 09/30/22 247,159.51 244,748.54 UNITED STATES TREASURY 3.125 08/15/2025 3.125 08/15/25 AA+ 08/25/22 1,241,503.90 1,223,779.30 UNITED STATES TREASURY 3.125 08/31/2027 3.125 08/31/27 AA+ 09/30/22 670,665.96 661,968.75 UNITED STATES TREASURY 3.125 08/31/2029 3.125 08/31/29 AA+ 09/30/22 189,730.51 188,625.00 UNITED STATES TREASURY 3.25 06/30/2027 3.250 06/30/27 AA+ Various 1,486,835.94 1,447,324.22 UNITED STATES TREASURY 3.25 08/31/2024 3.250 08/31/24 AA+ 09/30/22 1,703,341.53 1,721,407.51 UNITED STATES TREASURY 3.625 03/31/2028 3.625 03/31/28 AA+ 05/25/23 987,265.62 971,875.00 UNITED STATES TREASURY 3.75 12/31/2028 3.750 12/31/28 AA+ Various 1,893,478.51 1,875,822.26 UNITED STATES TREASURY 3.875 12/31/2027 3.875 12/31/27 AA+ 01/30/23 1,007,656.26 980,820.31 UNITED STATES TREASURY 4.0 02/15/2026 4.000 02/15/26 AA+ 09/06/23 7,404,702.04 7,306,622.90 UNITED STATES TREASURY 4.125 07/31/2028 4.125 07/31/28 AA+ 08/30/23 719,392.58 717,325.19 UNITED STATES TREASURY 4.125 09/30/2027 4.125 09/30/27 AA+ Various 2,533,158.21 2,496,396.50 UNITED STATES TREASURY 4.25 02/28/2029 4.250 02/28/29 AA+ 04/29/24 907,981.44 920,844.72 UNITED STATES TREASURY 4.25 10/15/2025 4.250 10/15/25 AA+ Various 2,523,849.62 2,501,328.13 UNITED STATES TREASURY 4.375 08/15/2026 4.375 08/15/26 AA+ 09/06/23 200,867.63 199,549.44 UNITED STATES TREASURY 4.625 04/30/2029 4.625 04/30/29 AA+ 06/26/24 911,144.53 910,335.94 UNITED STATES TREASURY 4.625 09/30/2028 4.625 09/30/28 AA+ Various 1,694,119.14 1,689,198.24 SUBTOTAL U.S. GOVERNMENT TREASURY SECURITIES 35,731,552.17 34,979,764.88 TOTAL INVESTMENTS HELD WITH FISCAL AGENT 235,357,914.68 233,819,860.34 *The City uses S&P ratings
General Fund 101 139,381,266 2,000,000 141, 381,266
Measure Z 110 66,123,595 - 66,123,595
Enterprise Funds
510 314, 322,890 1,554,874 315,877,764
511 32,
032,532 - 32,032,532
520 62,
695,209 - 62,695,209
521 3,
746,583 - 3,746,583
530 2,
758,422 - 2,758,422
540 16,
585,114 - 16,585,114
550 121,
462,566 820,292 122,282,858
570 7,
792,542 - 7,792,542
580 (
953,664) - (953,664)
581 2,
831,758 - 2,831,758
Electric
Electric - Public Benefits Program
Water
Water - Conservation & Reclamation Program
Airport
Refuse Collection
Sewer Service
Public Parking
Convention Center, Visitors Bureau, Sports Commission
Entertainment Fund (Fox, Box, RMA, Showcase)
Cheech Marin Center 582 (
32,433) - (32,433)
SubTotal - Enterprise Funds 563,241,519 2,375,167 565, 616,686 Special Revenue Funds
Grants and Restricted Programs 215 46,419,451 - 46,419,451 Community Development Block Grant 220 459,832 - 459,832 Home Investment Partnership Program 221 1,106,174 - 1,106,174 Housing Opportunities for Persons with AIDS 222 (618,830) - (618,830) Community Development Grants 223 12,400,459 - 12,400,459 Neighborhood Stabilization Program 225 (87,051) - (87,051) Special Gas Tax 230 32,025,019 - 32,025,019
Air Quality Improvement 240 2,301,739 - 2,301,739
Housing Authority 280 8,015,365 - 8,015,365
Special Districts Various 1,168,636 - 1,168,636
SubTotal - Special Revenue Funds 103,190,794 - 103,190,794 Capital Projects Funds
Capital Outlay 401 28,981,056 - 28,981,056
Storm Drain 410 837,660 - 837,660
Local Park Special Capital Improvements 411 2,484,162 - 2,484,162 Regional Park Special Capital Improvements 413 4,914,512 - 4,914,512 Measure Z Capital Outlay 420 28,342,618 - 28,342,618
Capital Outlay Grants 430 566,721 - 566,721
Transportation Projects 431 5,039 - 5,039
Measure A Capital Outlay 432 39,105,021 - 39,105,021
Transportation Development Impact Fees 433 8,803,507 - 8,803,507 Transportation Uniform Mitigation Fees 434 (2,261,541) - (2,261,541) Community Facilities Districts and Assessment Districts Various 2,138,201 - 2,138,201 SubTotal - Capital Project Funds 113,916,956 - 113,916,956 Debt Service Funds
Debt Service Fund - General 390 6,096,867 - 6,096,867
Debt Service Fund - Public Works 391 388,014 - 388,014 SubTotal Debt Service Funds 6,484,881 - 6,484,881
Agency Funds
Successor Agency Various 34,624,806 - 34,624,806
Community Facilities Districts and Assessment Districts Various 640,915 - 640,915 Special Deposits Various 14,732,095 - 14,732,095
SubTotal Agency Funds 49,997,816 - 49,997,816
Internal Service Funds
Workers' Compensation Insurance Trust 610 24,180,424 - 24,180,424 Unemployment Insurance Trust 620 433,272 - 433,272
Liability Insurance Trust 630 5,122,754 - 5,122,754
Parada Settlement Fund 631 2,808,494 - 2,808,494
Central Garage 650 11,702,479 - 11,702,479
SubTotal - Internal Service Funds 44,247,423 - 44,247,423 1,086,584,250$ 4,375,167$ 1,090,959,417$
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, 2024
Total - All Funds
Cash
Balance 1Fund Interfund Loan
Receivables 2
Cash Balance +
Loan
Receivables