CITY OF RIVERSIDE
Quarterly Investment Report
September 30, 2024
AMORTIZED MARKET
COST VALUE
POOLED INVESTMENT PORTFOLIO
Deposit Accounts 59,973,013.74$ 59,973,013.74$
Joint Powers Authority Pool 65,056,472.46 65,056,472.46 Medium Term Notes 221,680,583.03 223,444,815.77 U.S. Govt Agency Mortgage Backed Securities 38,450,638.40 38,720,993.93 Asset Backed Securities 99,119,495.70 100,402,735.20 Supranational Securities 64,917,217.55 65,469,371.27 U.S. Govt Agency Securities 75,547,335.40 75,291,552.36 U.S. Govt Treasury Securities 355,610,644.67 363,075,987.06 TOTAL POOLED INVESTMENT PORTFOLIO 980,355,400.95 991,434,941.79
INVESTMENTS HELD BY FISCAL AGENT -
SECTION 115 PENSION TRUST FUND 67,288,786.79 69,476,190.98 OTHER INVESTMENTS HELD BY FISCAL AGENT 311,976,015.83 311,926,594.63 OTHER MISCELLANEOUS CASH 4,948,531.67 4,948,531.67 TOTAL CASH & INVESTMENTS 1,364,568,735.24$ 1,377,786,259.07$ Verified by:
Ryan Carter, 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 2.14 years. Market prices of securities are obtained from Interactive Data Corporation. Weighted average yield on cost for the City's investment portfolio is 3.40%. 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.
37%
22%
10%
8%
7% 6%
6% 4%
COMPOSITION OF POOLED
PORTFOLIO
U.S. Govt Treasury Securities (36.62%)
Medium Term Notes (22.54%)
Asset Backed Securities (10.13%)
U.S. Govt Agency Securities (7.59%)
Supranational Securities (6.6%)
Joint Powers Authority Pool (6.56%)
Deposit Accounts (6.05%)
U.S. Govt Agency Mortgate Backed Securities (3.91%)
$333,268
$299,589
$124,878
$108,346
$67,159 $58,195
COMPOSITION OF POOLED
PORTFOLIO BY FUND
Electric Fund (33.61%)
All Other Funds (30.22%)
General Fund (12.60%)
Sewer Fund (10.93%)
Measure Z Fund (6.77%)
Water Fund (5.87%)
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 Various 57,600,448.75 57,600,448.75 First American Government Obligation Z N/A Varies AAA Various 2,372,564.99 2,372,564.99 SUBTOTAL DEPOSIT ACCOUNTS 59,973,013.74 59,973,013.74
JOINT POWERS AUTHORITY POOL
California Asset Management Program (CAMP) N/A Varies AAA Various 65,056,472.46 65,056,472.46 SUBTOTAL JOINT POWERS AUTHORITY POOL 65,056,472.46 65,056,472.46
MEDIUM TERM NOTES
CHUBB INA HOLDINGS LLC 3.15 03/15/2025 3.150 03/15/25 A Various 6,518,943.13 5,915,204.98 ROYAL BANK OF CANADA 3.375 04/14/2025 3.375 04/14/25 A 04/14/22 1,497,420.00 1,513,728.54 QUALCOMM INC 3.45 05/20/2025 3.450 05/20/25 A Various 5,245,703.20 5,034,335.88 HONEYWELL INTERNATIONAL INC 1.35 06/01/20251.350 06/01/25 A 06/23/20 5,119,000.00 4,928,286.60 ROYAL BANK OF CANADA 1.15 06/10/2025 1.150 06/10/25 A Various 5,044,880.00 4,903,218.57 NORTHWESTERN MUTUAL GLOBAL FUNDING 4.0 07/01/20254.000 07/01/25 AA+ 06/27/22 6,402,822.30 6,446,610.47 AMERICAN HONDA FINANCE CORP 1.2 07/08/20251.200 07/08/25 A- 06/22/21 2,017,540.00 1,956,873.95 TORONTO-DOMINION BANK 0.75 09/11/2025 0.750 09/11/25 A 09/15/20 2,493,425.00 2,420,283.44 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 3.25 11/01/20253.250 11/01/25 A- 04/14/22 2,994,000.00 3,007,568.48 SIMON PROPERTY GROUP LP 3.3 01/15/2026 3.300 01/15/26 A- 08/11/21 4,750,593.75 4,354,070.82 GOLDMAN SACHS GROUP INC 0.855 02/12/2026 0.855 02/12/26 BBB+ 06/18/21 4,334,706.25 4,310,081.96 BANK OF AMERICA CORP 2.015 02/13/2026 2.015 02/13/26 A- 03/04/21 2,066,760.00 1,982,646.87 JPMORGAN CHASE & CO 2.005 03/13/2026 2.005 03/13/26 A- 03/12/21 3,086,490.00 2,962,990.29 CITIGROUP INC 3.106 04/08/2026 3.106 04/08/26 BBB+ Various 6,788,825.00 6,407,323.52 MASSMUTUAL GLOBAL FUNDING II 4.5 04/10/2026 4.500 04/10/26 AA+ 04/04/23 1,998,620.00 2,055,760.84 JPMORGAN CHASE & CO 2.083 04/22/2026 2.083 04/22/26 A- 06/23/21 3,105,570.00 2,979,730.82 GUARDIAN LIFE GLOBAL FUNDING 1.25 05/13/20261.250 05/13/26 AA+ 02/09/22 2,307,168.00 2,303,718.76 UNITEDHEALTH GROUP INC 1.15 05/15/2026 1.150 05/15/26 A+ Various 2,852,118.20 2,881,162.12 TOYOTA MOTOR CREDIT CORP 1.125 06/18/2026 1.125 06/18/26 A+ Various 4,989,707.50 4,783,070.30 BANK OF AMERICA CORP 1.319 06/19/2026 1.319 06/19/26 A- 06/18/21 2,004,120.00 1,958,207.35 MET TOWER GLOBAL FUNDING 1.25 09/14/2026 1.250 09/14/26 AA- 09/07/21 2,927,304.40 2,775,026.49 BANK OF MONTREAL 1.25 09/15/2026 1.250 09/15/26 A- Various 2,495,539.50 2,368,199.94 WALMART INC 1.05 09/17/2026 1.050 09/17/26 AA 09/08/21 1,332,476.85 1,268,338.07 MORGAN STANLEY 6.138 10/16/2026 6.138 10/16/26 A- 10/19/22 1,498,185.00 1,565,642.28 METROPOLITAN LIFE GLOBAL FUNDING I 1.875 01/11/20271.875 01/11/27 AA- 01/03/22 4,240,160.70 4,064,933.88 TORONTO-DOMINION BANK 1.95 01/12/2027 1.950 01/12/27 A 01/25/22 992,295.35 962,668.10 CHARLES SCHWAB CORP 2.45 03/03/2027 2.450 03/03/27 A- 03/01/22 1,668,196.40 1,607,019.20 GOLDMAN SACHS GROUP INC 1.431 03/09/2027 1.431 03/09/27 BBB+ Various 2,914,727.50 3,111,516.92 BERKSHIRE HATHAWAY FINANCE CORP 2.3 03/15/20272.300 03/15/27 AA 03/07/22 4,924,064.25 4,771,974.30 TOYOTA MOTOR CREDIT CORP 3.05 03/22/2027 3.050 03/22/27 A+ 06/14/23 1,881,520.00 1,962,251.16 AMAZON.COM INC 3.3 04/13/2027 3.300 04/13/27 AA 04/25/22 2,994,810.00 3,007,885.74 VIRGINIA ELECTRIC AND POWER CO 3.75 05/15/20273.750 05/15/27 BBB+ Various 5,509,511.95 5,535,509.03 QUALCOMM INC 3.25 05/20/2027 3.250 05/20/27 A Various 4,754,650.00 4,979,839.94 CITIGROUP INC 1.462 06/09/2027 1.462 06/09/27 BBB+ 06/21/22 1,753,880.00 1,914,561.39 MERCK & CO INC 1.7 06/10/2027 1.700 06/10/27 A+ 06/23/22 3,966,221.40 4,173,320.27 CATERPILLAR FINANCIAL SERVICES CORP 3.6 08/12/20273.600 08/12/27 A Various 3,213,062.50 3,245,650.69 WALMART INC 3.95 09/09/2027 3.950 09/09/27 AA Various 2,495,938.60 2,523,283.85 AMAZON.COM INC 4.55 12/01/2027 4.550 12/01/27 AA Various 3,027,460.00 3,108,117.38 TORONTO-DOMINION BANK 5.156 01/10/2028 5.156 01/10/28 A Various 3,980,080.00 4,166,331.56 JOHN DEERE CAPITAL CORP 4.75 01/20/2028 4.750 01/20/28 A Various 7,069,150.00 7,233,528.58 BANK OF AMERICA CORP 3.824 01/20/2028 3.824 01/20/28 A- Various 2,356,757.55 2,491,805.29
CITY OF RIVERSIDE
Pooled Investment Portfolio Holdings
September 30, 2024
DESCRIPTION COUPON MATURITY *INVEST PURCH COST **MARKET
OF SECURITY RATE DATE RATING DATE VALUE VALUE
CITY OF RIVERSIDE
Pooled Investment Portfolio Holdings
September 30, 2024
UNITEDHEALTH GROUP INC 5.25 02/15/2028 5.250 02/15/28 A+ 02/21/23 4,061,040.00 4,189,510.09 COMCAST CORP 3.55 05/01/2028 3.550 05/01/28 A- Various 4,785,920.00 4,980,785.08 JPMORGAN CHASE & CO 3.54 05/01/2028 3.540 05/01/28 A- 06/12/23 1,872,100.00 1,993,337.54 PUBLIC SERVICE ELECTRIC AND GAS CO 3.7 05/01/20283.700 05/01/28 A 02/27/24 1,433,610.00 1,503,786.48 APPLE INC 4.0 05/10/2028 4.000 05/10/28 AA+ 05/08/23 1,571,960.25 1,616,899.45 MERCK & CO INC 4.05 05/17/2028 4.050 05/17/28 A+ Various 3,997,647.20 4,093,970.44 BANK OF NEW YORK MELLON CORP 3.992 06/13/20283.992 06/13/28 A 07/14/23 1,922,520.00 2,014,128.60 AMERICAN HONDA FINANCE CORP 5.125 07/07/20285.125 07/07/28 A- Various 2,330,643.15 2,475,880.71 ROYAL BANK OF CANADA 5.2 08/01/2028 5.200 08/01/28 A 09/07/23 1,478,460.00 1,571,545.84 BANK OF MONTREAL 5.717 09/25/2028 5.717 09/25/28 A- 11/09/23 2,467,200.00 2,637,393.08 REALTY INCOME CORP 4.7 12/15/2028 4.700 12/15/28 A- Various 4,191,465.00 4,371,183.09 METROPOLITAN LIFE GLOBAL FUNDING I 4.85 01/08/20294.850 01/08/29 AA- 01/23/24 1,495,335.00 1,554,496.43 JOHN DEERE CAPITAL CORP 4.5 01/16/2029 4.500 01/16/29 A 04/18/24 1,945,100.00 2,055,475.14 MORGAN STANLEY 3.772 01/24/2029 3.772 01/24/29 A- 01/23/24 1,425,135.00 1,485,826.23 US BANCORP 4.653 02/01/2029 4.653 02/01/29 A 04/11/24 3,863,840.00 4,069,735.20 CISCO SYSTEMS INC 4.85 02/26/2029 4.850 02/26/29 AA- 02/21/24 4,473,433.75 4,649,070.78 CATERPILLAR FINANCIAL SERVICES CORP 4.85 02/27/20294.850 02/27/29 A 08/26/24 3,080,820.00 3,117,837.35 ABBVIE INC 4.8 03/15/2029 4.800 03/15/29 A- 07/23/24 4,272,100.00 4,382,980.81 TORONTO-DOMINION BANK 4.994 04/05/2029 4.994 04/05/29 A 05/23/24 2,466,525.00 2,637,137.00 MORGAN STANLEY 5.164 04/20/2029 5.164 04/20/29 A- Various 7,454,885.00 7,882,164.87 BANK OF AMERICA CORP 5.202 04/25/2029 5.202 04/25/29 A- 05/16/24 3,988,040.00 4,202,996.64 TOYOTA MOTOR CREDIT CORP 5.05 05/16/2029 5.050 05/16/29 A+ Various 3,994,220.00 4,225,409.88 JOHN DEERE CAPITAL CORP 4.85 06/11/2029 4.850 06/11/29 A 07/17/24 3,024,180.00 3,143,006.65 HOME DEPOT INC 4.75 06/25/2029 4.750 06/25/29 A 06/17/24 3,681,102.75 3,865,719.52 GUARDIAN LIFE GLOBAL FUNDING 4.179 09/26/20294.179 09/26/29 AA+ Various 4,788,896.65 4,782,260.24 SUBTOTAL MEDIUM TERM NOTES 221,680,583.03 223,444,815.77 U.S. GOVERNMENT AGENCY MORTGAGE BACKED SECURITIES
FHMS K-041 A2 3.171 10/25/2024 3.171 10/25/24 AA+ 07/01/21 1,751,155.94 1,626,759.56 FHMS K-047 A2 3.329 05/25/2025 3.329 05/25/25 AA+ 05/20/22 4,974,896.45 4,916,290.78 FHMS K-049 A2 3.01 07/25/2025 3.010 07/25/25 AA+ 06/23/21 1,770,643.62 1,622,229.46 FHMS K-059 A2 3.12 09/25/2026 3.120 09/25/26 AAA 02/18/22 3,128,437.50 2,956,647.60 FHMS K-073 A2 3.35 01/25/2028 3.350 01/25/28 AA+ 05/24/23 5,156,267.97 5,289,318.45 FHMS K-074 A2 3.6 01/25/2028 3.600 01/25/28 AA+ 07/25/23 2,386,035.15 2,482,698.50 FHMS K-077 A2 3.85 05/25/2028 3.850 05/25/28 AA+ 05/24/23 7,023,638.67 7,148,271.68 FHMS K-085 A2 4.06 10/25/2028 4.060 10/25/28 AA+ 10/30/23 2,836,320.90 3,024,972.23 FHMS K-087 A2 3.771 12/25/2028 3.771 12/25/28 AAA 07/01/24 4,783,398.44 4,978,599.00 FHMS K-748 A2 2.26 01/25/2029 2.260 01/25/29 AA+ 08/26/24 4,639,843.75 4,675,206.67 SUBTOTAL U.S. GOVERNMENT AGENCY MORTGAGE BACKED SECURITIES 38,450,638.40 38,720,993.93
ASSET BACKED SECURITIES
AMXCA 2022-2 A 3.39 05/17/2027 3.390 05/15/25 AAA 05/17/22 5,188,851.97 5,160,456.79 AMXCA 2022-3 A 3.75 08/15/2025 3.750 08/15/25 NR 10/28/22 3,868,125.00 3,985,285.07 JDOT 2021 A3 0.36 09/15/2025 0.360 09/15/25 NR 03/02/21 8,528.56 8,515.04 BMWLT 2023-1 A3 5.16 11/25/2025 5.160 11/25/25 AAA 02/07/23 524,425.24 525,321.56 HART 2021-B A3 0.38 01/15/2026 0.380 01/15/26 AAA 07/20/21 258,462.78 257,811.79 HAROT 2021-4 A3 0.88 01/21/2026 0.880 01/21/26 NR 11/16/21 475,144.09 469,172.77 JDOT 2021-B A3 0.52 03/16/2026 0.520 03/16/26 NR 07/13/21 467,655.94 462,326.72 HAROT 2022-1 A3 1.88 05/15/2026 1.880 05/15/26 AAA 02/15/22 1,293,192.83 1,279,049.20 HART 2021-C A3 0.74 05/15/2026 0.740 05/15/26 AAA 11/09/21 293,890.97 291,346.16 BMWOT 2022-A A3 3.21 08/25/2026 3.210 08/25/26 AAA 05/10/22 934,862.86 929,131.19 JDOT 2022 A3 0.36 09/15/2026 0.360 09/15/26 NR 03/10/22 735,210.10 727,673.27 DESCRIPTION COUPON MATURITY *INVEST PURCH COST **MARKET
OF SECURITY RATE DATE RATING DATE VALUE VALUE
CITY OF RIVERSIDE
Pooled Investment Portfolio Holdings
September 30, 2024
GMCAR 2021-4 A3 0.68 09/16/2026 0.680 09/16/26 AAA 10/13/21 435,264.92 428,968.58 HART 2022-A A3 2.22 10/15/2026 2.220 10/15/26 AAA 03/09/22 1,452,747.60 1,438,251.04 GMCAR 2022-1 A3 1.26 11/16/2026 1.260 11/16/26 AAA 01/11/22 455,345.28 449,440.40 GMCAR 2022-2 A3 3.1 02/16/2027 3.100 02/16/27 AAA 04/05/22 1,007,562.78 1,000,551.36 JDOT 2022-B A3 3.74 02/16/2027 3.740 02/16/27 NR 07/12/22 2,012,251.04 2,004,565.36 HALST 24A A3 5.02 03/15/2027 5.020 03/15/27 AAA 01/17/24 2,134,595.42 2,157,078.91 GMALT 2024-1 A3 5.09 03/22/2027 5.090 03/22/27 AAA 02/08/24 2,714,660.63 2,746,424.44 TLOT 2024-A A3 5.25 04/20/2027 5.250 04/20/27 AAA 02/21/24 2,854,879.52 2,899,926.18 HAROT 2023-1 A3 5.04 04/21/2027 5.040 04/21/27 NR 02/16/23 1,849,656.27 1,861,943.97 JDOT 2022-C A3 5.09 06/15/2027 5.090 06/15/27 NR 10/12/22 3,103,651.12 3,124,724.44 GMALT 2024-2 A3 5.39 07/20/2027 5.390 07/20/27 AAA 05/07/24 3,014,824.83 3,075,139.13 MBART 2022-1 A3 5.21 08/16/2027 5.210 08/16/27 AAA 11/15/22 5,290,232.18 5,330,057.28 TLOT 2024-B A3 4.21 09/20/2027 4.210 09/20/27 NR 09/10/24 5,509,355.33 5,521,987.68 JDOT 2023 A3 5.01 11/15/2027 5.010 11/15/27 NR 02/22/23 2,814,487.11 2,840,576.15 MBALT 2024-A A3 5.32 01/18/2028 5.320 01/18/28 NR 05/17/24 2,194,743.19 2,248,318.40 GMCAR 2023-2 A3 4.47 02/16/2028 4.470 02/16/28 AAA 04/04/23 1,549,957.38 1,554,973.18 BMWOT 2023-A A3 5.47 02/25/2028 5.470 02/25/28 AAA 07/11/23 1,499,734.20 1,519,960.15 JDOT 2023-B A3 5.18 03/15/2028 5.180 03/15/28 NR 06/21/23 2,649,557.98 2,686,819.42 TAOT 2023-D A3 5.54 08/15/2028 5.540 08/15/28 AAA 11/07/23 2,669,712.17 2,738,905.82 CHAIT 2023-1 A 5.16 09/15/2028 5.160 09/15/28 AAA 09/07/23 8,417,665.98 8,622,060.91 HONDO-242-A3 5.27 11/20/2028 5.270 11/20/28 AAA 05/14/24 2,859,652.51 2,928,056.72 GMCAR 2024-1 A3 4.85 12/18/2028 4.850 12/18/28 NR 01/09/24 1,209,756.67 1,227,784.14 CHAIT 241 A 4.6 01/16/2029 4.600 01/16/29 AAA 01/24/24 5,194,208.80 5,271,967.27 HART 2024-A A3 4.99 02/15/2029 4.990 02/15/29 AAA 03/20/24 3,349,261.33 3,414,044.22 BMWOT 2024-A A3 5.18 02/26/2029 5.180 02/26/29 AAA 06/04/24 3,744,431.14 3,830,333.69 BACCT 2024-1 A 4.93 03/15/2029 4.930 03/15/29 AAA 06/06/24 4,229,762.70 4,337,447.97 JDOT 2024-B A3 5.2 03/15/2029 5.200 03/15/29 NR 06/11/24 3,179,378.31 3,267,789.66 HART 2024-B A3 4.84 03/15/2029 4.840 03/15/29 AAA 07/16/24 2,374,641.61 2,420,627.34 HAROT 2024-3 A3 4.57 03/21/2029 4.570 03/21/29 NR 08/09/24 5,299,167.37 5,357,921.82 SUBTOTAL ASSET BACKED SECURITIES 99,119,495.70 100,402,735.20
SUPRANATIONAL SECURITIES
INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 0.625 04/22/20250.625 04/22/25 AAA 04/15/20 4,278,378.35 4,218,918.34 INTER-AMERICAN DEVELOPMENT BANK 0.625 07/15/20250.625 07/15/25 AAA 01/13/21 5,071,967.50 4,918,453.78 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 0.5 10/28/20250.500 10/28/25 AAA Various 9,994,372.85 9,650,822.30 INTER-AMERICAN DEVELOPMENT BANK 0.875 04/20/20260.875 04/20/26 AAA 04/13/21 9,342,016.70 9,001,714.39 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 3.5 07/12/20283.500 07/12/28 AAA Various 14,429,190.65 15,057,995.18 INTERNATIONAL FINANCE CORP 4.5 07/13/2028 4.500 07/13/28 AAA 07/06/23 4,365,149.30 4,557,343.17 INTER-AMERICAN DEVELOPMENT BANK 3.125 09/18/20283.125 09/18/28 AAA Various 9,019,187.20 9,351,344.85 INTER-AMERICAN DEVELOPMENT BANK 4.125 02/15/20294.125 02/15/29 AAA 02/15/24 8,416,955.00 8,712,779.25 SUBTOTAL SUPRANATIONAL SECURITIES 64,917,217.55 65,469,371.27 U.S. GOVERNMENT AGENCY SECURITIES
FEDERAL NATIONAL MORTGAGE ASSOCIATION 0.5 06/17/20250.500 06/17/25 AA+ 06/17/20 6,506,503.60 6,362,054.46 FEDERAL HOME LOAN MORTGAGE CORP 0.375 07/21/20250.375 07/21/25 AA+ 07/21/20 4,606,942.60 4,500,255.86 FEDERAL NATIONAL MORTGAGE ASSOCIATION 0.375 08/25/20250.375 08/25/25 AA+ Various 7,962,282.50 7,752,235.92 FEDERAL HOME LOAN MORTGAGE CORP 0.375 09/23/20250.375 09/23/25 AA+ Various 7,970,197.55 7,723,337.31 FEDERAL NATIONAL MORTGAGE ASSOCIATION 0.5 11/07/20250.500 11/07/25 AA+ 11/09/20 6,063,215.70 5,867,566.52 FEDERAL HOME LOAN BANKS 4.5 12/12/2025 4.500 12/12/25 AA+ 02/03/23 7,592,925.00 7,657,121.63 FEDERAL FARM CREDIT BANKS FUNDING CORP 4.375 06/23/20264.375 06/23/26 AA+ 06/20/23 7,745,892.50 7,935,937.16 FEDERAL HOME LOAN BANKS 4.5 03/10/2028 4.500 03/10/28 AA+ Various 10,246,000.00 10,317,495.50 TENNESSEE VALLEY AUTHORITY 3.875 03/15/20283.875 03/15/28 AA+ Various 10,324,710.95 10,420,146.23 DESCRIPTION COUPON MATURITY *INVEST PURCH COST **MARKET
OF SECURITY RATE DATE RATING DATE VALUE VALUE
CITY OF RIVERSIDE
Pooled Investment Portfolio Holdings
September 30, 2024
FEDERAL HOME LOAN BANKS 4.375 06/09/2028 4.375 06/09/28 AA+ 07/26/23 6,528,665.00 6,755,401.78 SUBTOTAL U.S. GOVERNMENT AGENCY SECURITIES 75,547,335.40 75,291,552.36 U.S. GOVERNMENT TREASURY SECURITIES
UNITED STATES TREASURY 4.25 10/15/2025 4.250 10/15/25 AA+ 10/28/22 2,987,812.50 3,067,662.02 UNITED STATES TREASURY 4.0 02/15/2026 4.000 02/15/26 AA+ 02/16/23 7,425,585.94 7,558,530.04 UNITED STATES TREASURY 0.75 03/31/2026 0.750 03/31/26 AA+ 03/30/21 3,969,843.75 3,825,551.18 UNITED STATES TREASURY 0.75 05/31/2026 0.750 05/31/26 AA+ Various 9,942,773.44 9,549,814.32 UNITED STATES TREASURY 0.75 08/31/2026 0.750 08/31/26 AA+ Various 5,170,878.90 4,972,619.95 UNITED STATES TREASURY 1.125 10/31/2026 1.125 10/31/26 AA+ Various 12,919,453.14 12,408,663.42 UNITED STATES TREASURY 1.5 01/31/2027 1.500 01/31/27 AA+ Various 15,585,117.20 15,767,616.38 UNITED STATES TREASURY 2.75 04/30/2027 2.750 04/30/27 AA+ Various 18,449,570.32 18,827,522.03 UNITED STATES TREASURY 3.25 06/30/2027 3.250 06/30/27 AA+ Various 20,141,015.63 19,995,516.30 UNITED STATES TREASURY 4.125 09/30/2027 4.125 09/30/27 AA+ Various 20,091,445.31 20,323,360.28 UNITED STATES TREASURY 3.875 12/31/2027 3.875 12/31/27 AA+ Various 20,147,968.81 20,386,480.98 UNITED STATES TREASURY 3.625 03/31/2028 3.625 03/31/28 AA+ Various 20,028,125.00 20,042,616.76 UNITED STATES TREASURY 3.625 05/31/2028 3.625 05/31/28 AA+ Various 26,998,242.19 27,877,984.12 UNITED STATES TREASURY 4.125 07/31/2028 4.125 07/31/28 AA+ Various 30,015,292.97 31,304,095.54 UNITED STATES TREASURY 4.625 09/30/2028 4.625 09/30/28 AA+ Various 9,375,585.94 9,870,074.21 UNITED STATES TREASURY 4.375 11/30/2028 4.375 11/30/28 AA+ Various 20,273,378.90 20,906,557.38 UNITED STATES TREASURY 3.75 12/31/2028 3.750 12/31/28 AA+ Various 24,582,675.78 25,404,891.30 UNITED STATES TREASURY 4.25 02/28/2029 4.250 02/28/29 AA+ Various 29,760,039.10 30,942,388.28 UNITED STATES TREASURY 4.625 04/30/2029 4.625 04/30/29 AA+ Various 34,267,265.63 36,161,494.57 UNITED STATES TREASURY 4.25 06/30/2029 4.250 06/30/29 AA+ Various 14,699,863.28 15,079,408.97 UNITED STATES TREASURY 3.625 08/31/2029 3.625 08/31/29 AA+ 09/26/24 8,778,710.94 8,803,139.03 SUBTOTAL U.S. GOVERNMENT TREASURY SECURITIES 355,610,644.67 363,075,987.06
TOTAL POOLED CASH & INVESTMENTS 980,355,400.96 991,434,941.80 *The City uses S&P ratings
** Includes accrued interest
DESCRIPTION COST MARKET
OF SECURITY VALUE VALUE
CASH AND EQUIVALENTS
*CASH 345,241.87 345,241.87
SUBTOTAL CASH AND EQUIVALENTS 345,241.87 345,241.87
MUTUAL FUNDS
PIMCO INCM FD INST CL TICKER: PIMIX 9,384,835.47 9,527,707.43 SUBTOTAL MUTUAL FUNDS 9,384,835.47 9,527,707.43
UNIT INVESTMENT TRUSTS
BLACKROCK US EQY FCTR ROTN ETF TICKER:DYNF 2,694,191.41 2,818,538.56 FIDELITY TOTAL BOND ETF TICKER:FBND 14,124,751.62 14,489,976.22 ISHARES CORE S&P 500 ETF TICKER:IVV 11,163,637.75 11,649,117.61 ISHARES GLOBAL ENERGY ETF TICKER:IXC 701,480.23 673,951.52 ISHARES MSCI EAFE VALUE ETF TICKER:EFV 4,002,198.83 4,197,503.86 ISHARES MSCI EMERGING MKT ETF TICKER:EMXC 3,012,198.58 3,066,194.25 ISHARES S&P 500 GROWTH ETF TICKER:IVW 3,384,685.89 3,533,577.37 ISHARES S&p 500 VALUE ETF TICKER:IVE 2,006,241.66 2,093,173.34 ISHARES TIPS BOND ETF TICKER:TIP 1,340,861.00 1,375,727.67 ISHARES US INFRASTRUCTURE ETF TICKER:IFRA 690,575.48 715,588.05 ISHARS EDG MSCI USA QLTY FCTR ETF TICKER:QUAL 4,887,216.77 5,099,139.90 JP MORGAN EXCHG BETABUILDERS JP ETF TICKER:BBJP 2,842,956.19 2,885,276.16 VANGUARD INFORMATION TECHNOLOGY ETF TICKER:VGT 1,014,082.65 1,042,246.04 VANGUARD INTL DIVIDEND APRECTN ETF TICKER:VIGI 5,693,631.39 5,963,231.13 SUBTOTAL UNIT INVESTMENT TRUSTS 57,558,709.45 59,603,241.68 TOTAL ASSETS 67,288,786.79 69,476,190.98
* Includes accrued income
CITY OF RIVERSIDE
Investments held by Fiscal Agent
September 30, 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 Various NR Various 330,395.82 330,395.82 US Bank Money Mkt 3N-CT N/A Various NR Various 2,514,921.91 2,514,921.91 US Bank Gcts0170 N/A Various NR Various 35,910,388.89 35,910,388.89 US Bank Gcts0300 N/A Various NR Various 46,597,581.08 46,597,581.08 US Bank Gcts0470 N/A Various NR Various 124,073,472.05 124,073,472.05 First American Government Obligation CL "Y" N/A Various AAA Various 243,037.37 243,037.37 First American Government Obligation CL "Z" N/A Various AAA Various 8,425,365.49 8,425,365.49 First American Treasury MMF Class "Z" N/A Various AAA Various 38,137,051.51 38,137,051.51 SUBTOTAL CASH & MONEY MARKET ACCOUNTS 256,232,214.12 256,232,214.12 LOCAL AGENCY INVESTMENT FUND (LAIF) N/A Various NR Various 1,330,376.38 1,330,376.38
MEDIUM TERM NOTES
Chubb Limited 3.150 03/15/25 A 01/26/21 659,406.00 596,591.53 Eli Lilly and Company 2.750 06/01/25 A+ 06/10/21 349,583.00 324,454.92 The PNC Financial Services Group, In 3.250 06/01/25 A 06/10/21 355,182.75 325,657.73 Honeywell International Inc. 1.350 06/01/25 A 06/10/21 358,533.00 344,980.06 Eli Lilly and Company 2.750 06/01/25 A+ 06/10/21 349,583.00 324,454.92 The PNC Financial Services Group, In 3.250 06/01/25 A 06/10/21 355,182.75 325,657.73 Honeywell International Inc. 1.350 06/01/25 A 06/10/21 358,533.00 344,980.06 Royal Bank of Canada 1.150 06/10/25 A 02/22/21 607,344.00 588,386.23 Simon Property Group, Inc. 3.300 01/15/26 A- 08/11/21 678,656.25 622,010.12 The Goldman Sachs Group, Inc. 0.855 02/12/26 BBB+ 06/18/21 619,243.75 615,725.99 Bank of America Corporation 2.015 02/13/26 A- 03/04/21 620,028.00 594,794.06 JPMorgan Chase & Co. 2.005 03/13/26 A- 03/12/21 617,298.00 592,598.06 Citigroup Inc. 3.106 04/08/26 BBB+ 06/18/21 669,075.00 628,168.97 UnitedHealth Group Incorporated 1.150 05/15/26 A+ Various 130,420.30 124,850.36 Walmart Inc. 1.050 09/17/26 AA 09/08/21 119,773.20 114,007.92 Target Corporation 1.950 01/15/27 A 01/19/22 264,549.50 255,648.68 Dominion Energy, Inc. 3.750 05/15/27 BBB+ 05/16/22 119,625.60 120,774.74 Merck & Co., Inc. 4.050 05/17/28 A+ 05/15/23 600,024.00 614,095.57 Realty Income Corporation 4.700 12/15/28 A- 01/29/24 571,958.25 591,395.36 Deere & Company 4.500 01/16/29 A 01/29/24 573,234.75 590,949.10 AbbVie Inc. 4.800 03/15/29 A- 09/26/24 567,022.50 567,209.28 The Toronto-Dominion Bank 4.994 04/05/29 A 05/23/24 641,296.50 685,655.62 Morgan Stanley 5.164 04/20/29 A- 05/30/24 594,210.00 630,573.19 Toyota Motor Corporation 5.050 05/16/29 A+ 05/20/24 750,187.50 792,264.35 SUBTOTAL MEDIUM TERM NOTES 11,529,950.60 11,315,884.53
ASSET BACKED SECURITIES
John Deere Owner Trust 0.360 09/15/25 NR 03/02/21 944.70 943.20 Hyundai Auto Receivables Trust 0.380 01/15/26 AAA 07/20/21 23,845.45 23,785.39 Honda Auto Receivables Owner Trust 0.880 01/21/26 NR 11/16/21 42,084.21 41,555.30 John Deere Owner Trust 0.520 03/16/26 NR 07/13/21 43,478.20 42,982.76 Hyundai Auto Receivables Trust 0.740 05/15/26 AAA 11/09/21 25,862.40 25,638.46 Honda Auto Receivables Owner Trust 1.880 05/15/26 AAA 02/15/22 112,551.41 111,320.45 BMW Vehicle Owner Trust 3.210 08/25/26 AAA 05/10/22 70,114.72 69,684.84 John Deere Owner Trust 0.360 09/15/26 NR 03/10/22 76,717.59 75,931.12 GM Financial Securitized Term 0.680 09/16/26 AAA 10/13/21 37,494.73 36,952.35 GM Financial Securitized Term 1.260 11/16/26 AAA 01/11/22 39,942.56 39,424.60 GM Financial Securitized Term 3.100 02/16/27 AAA 04/05/22 84,214.20 83,628.17 John Deere Owner Trust 3.740 02/16/27 NR 07/12/22 138,389.01 137,860.44 Honda Auto Receivables Owner Trust 5.040 04/21/27 NR 02/16/23 139,973.99 140,903.87 John Deere Owner Trust 5.090 06/15/27 NR 10/12/22 215,593.71 217,057.56 Mercedes-Benz Auto Receivables Trust 5.210 08/16/27 AAA 11/15/22 356,403.63 359,086.65 Bank of America Credit Card Trust 4.930 05/15/29 AAA 06/06/24 229,987.10 235,842.32
CITY OF RIVERSIDE
Investments Held by Fiscal Agent
September 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
September 30, 2024
SUBTOTAL ASSET BACKED SECURITIES 1,637,597.61 1,642,597.49
SUPRANATIONAL SECURITIES
Intl Finance Corp 1.375 10/16/24 AAA 07/12/21 1,026,900.00 1,004,805.32 Intl Bank for Reconstruction & Development 0.500 10/28/25 AAA 01/26/21 1,000,640.00 965,082.23 Inter-American Development Bank 0.875 04/20/26 AAA 04/13/21 1,040,213.90 1,002,321.95 Inter-American Development Bank 3.125 09/18/28 AAA 01/09/24 957,660.00 983,834.28 SUBTOTAL SUPRANATIONAL SECURITIES 4,025,413.90 3,956,043.79 U.S. GOVERNMENT AGENCY SECURITIES
FFCB 4.500 11/18/24 AA+ 11/15/22 809,141.40 822,968.04 FFCB 1.750 02/14/25 AA+ 02/10/22 603,384.65 600,045.89 FHLB 4.500 12/12/25 AA+ 01/30/23 1,264,562.50 1,276,186.94 SUBTOTAL U.S. GOVERNMENT AGENCY SECURITIES 2,677,088.55 2,699,200.87 U.S. GOVERNMENT TREASURY SECURITIES
US Treasury 3.000 07/15/25 AA+ 09/30/22 247,159.51 249,554.52 US Treasury 3.125 08/15/25 AA+ 08/25/22 1,241,503.90 1,245,008.49 US Treasury 4.250 10/15/25 AA+ Various 2,523,849.62 2,581,948.87 US Treasury 0.375 01/31/26 AA+ Various 1,724,482.43 1,673,517.74 US Treasury 4.000 02/15/26 AA+ 09/06/23 7,404,702.04 7,462,488.38 US Treasury 0.750 03/31/26 AA+ 05/18/21 2,194,070.32 2,104,053.15 US Treasury 0.750 05/31/26 AA+ 06/23/21 3,232,099.61 3,103,689.65 US Treasury 4.375 08/15/26 AA+ 09/06/23 200,867.63 204,500.85 US Treasury 1.500 01/31/27 AA+ 03/30/22 765,312.50 764,490.49 US Treasury 3.250 06/30/27 AA+ Various 1,486,835.94 1,499,663.72 US Treasury 3.125 08/31/27 AA+ 09/30/22 670,665.96 683,281.84 US Treasury 4.125 09/30/27 AA+ Various 2,533,158.21 2,565,824.24 US Treasury 3.875 12/31/27 AA+ 01/30/23 1,007,656.26 1,019,324.05 US Treasury 3.625 03/31/28 AA+ 05/25/23 987,265.62 1,002,130.84 US Treasury 4.125 07/31/28 AA+ 08/30/23 719,392.58 744,113.75 US Treasury 4.625 09/30/28 AA+ Various 1,694,119.14 1,740,249.93 US Treasury 3.750 12/31/28 AA+ Various 1,893,478.51 1,956,176.63 US Treasury 4.250 02/28/29 AA+ 04/29/24 907,981.44 954,056.97 US Treasury 4.625 04/30/29 AA+ 06/26/24 911,144.53 957,216.03 US Treasury 4.250 06/30/29 AA+ 07/24/24 904,289.06 935,963.32 US Treasury 3.125 08/31/29 AA+ 09/30/22 189,730.51 196,343.68 US Treasury 3.625 08/31/29 AA+ 09/26/24 1,103,609.34 1,106,680.34 SUBTOTAL U.S. GOVERNMENT TREASURY SECURITIES 34,543,374.67 34,750,277.45 TOTAL INVESTMENTS HELD WITH FISCAL AGENT 311,976,015.83 311,926,594.63 *The City uses S&P ratings
General Fund 101 124,878,055 6,870,000 131,748,055
Measure Z 110 67,159,158 - 67,159,158
Pension Trust 115 1,196,922 - 1,196,922
Enterprise Funds
Electric 510 299,894,375 1,554,874 301,449,249
Electric - Public Benefits Program 511 33,373,306 - 33,373,306 Water 520 54,585,057 - 54,585,057
Water - Conservation & Reclamation Program 521 3,610,073 - 3,610,073 Airport 530 4,313,261 - 4,313,261
Refuse Collection 540 19,124,511 - 19,124,511
Sewer Service 550 108,345,725 820,292 109,166,017
Special Transit 560 284,443 - 284,443
Public Parking 570 9,081,662 - 9,081,662
580 (1,205,916) - (1,205,916)
581 1,036,796 - 1,036,796
Convention Center Fund
Entertainment Fund (Fox, Box, RMA, Showcase)
Cheech Marin Center 582 (41,988) - (41,988)
SubTotal - Enterprise Funds 532,401,305 2,375,167 534,776,472 Special Revenue Funds
Urban Areas Security Initiative 205 610,224 - 610,224 Grants and Restricted Programs 215 39,683,982 - 39,683,982 Community Development Block Grant 220 368,536 - 368,536 Home Investment Partnership Program 221 1,562,804 - 1,562,804 Housing Opportunities for Persons with AIDS 222 (1,500,211) - (1,500,211) Community Development Grants 223 12,615,295 - 12,615,295 Neighborhood Stabilization Program 225 (135,312) - (135,312) Local Affordable Housing 226 25,924 - 25,924
Special Gas Tax 230 33,166,100 - 33,166,100
Air Quality Improvement 240 2,067,803 - 2,067,803
NPDES Storm Drain 260 349,817 - 349,817
Housing Authority 280 7,791,921 - 7,791,921
Housing Assets 281 14,284 - 14,284
Special Districts Various 682,128 - 682,128
SubTotal - Special Revenue Funds 97,303,295 - 97,303,295 Capital Projects Funds
Capital Outlay 401 18,176,730 - 18,176,730
Storm Drain 410 999,535 - 999,535
Local Park Special Capital Improvements 411 2,601,520 - 2,601,520 Regional Park Special Capital Improvements 413 5,157,529 - 5,157,529 Measure Z Capital Outlay 420 24,920,886 - 24,920,886 Capital Outlay Grants 430 194,964 - 194,964
Transportation Projects 431 218 - 218
Measure A Capital Outlay 432 38,296,345 - 38,296,345 Transportation Development Impact Fees 433 9,005,859 - 9,005,859 Transportation Uniform Mitigation Fees 434 (2,771,041) - (2,771,041) Community Facilities Districts and Assessment Districts Various 2,194,435 - 2,194,435 SubTotal - Capital Project Funds 98,776,980 - 98,776,980 Debt Service Funds
Debt Service Fund - General 390 (22,212,729) - (22,212,729) Debt Service Fund - Public Works 391 418,658 - 418,658 SubTotal Debt Service Funds (21,794,071) - (21,794,071) Agency Funds
Successor Agency Various 21,486,617 - 21,486,617
Community Facilities Districts and Assessment Districts Various 1,022,647 - 1,022,647 Special Deposits Various 26,230,215 - 26,230,215
SubTotal Agency Funds 48,739,479 - 48,739,479
Internal Service Funds
Workers' Compensation Insurance Trust 610 24,787,427 - 24,787,427 Unemployment Insurance Trust 620 466,079 - 466,079
Liability Insurance Trust 630 3,691,268 - 3,691,268 Parada Settlement Fund 631 2,884,567 - 2,884,567
Central Stores 640 (814,398) - (814,398)
Central Garage 650 11,758,876 - 11,758,876
SubTotal - Internal Service Funds 42,773,819 - 42,773,819 991,434,942$ 9,245,167$ 1,000,680,109$
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, 2024
Total - All Funds
Cash
Balance 1Fund Interfund Loan
Receivables 2
Cash Balance +
Loan
Receivables