Susana Alcala Wood, City Attorney Jorge Oseguera, City Auditor Mindy Cuppy, City Clerk Howard Chan, City Manager John Colville, City Treasurer City Council Report
915 I Street, 1st Floor
Sacramento, CA 95814
www.cityofsacramento.org
File ID: 2021-01437 January 4, 2022 Consent Item 09
Title: November 2021 Monthly Investment Transactions Report
Location: Citywide
Recommendation: Receive and file.
Contact: Stacy Hussey, Chief Investment Officer, (916) 808-7746, [email protected]
, Office of the City Treasurer
Presenter: None
Attachments:
1-Description/Analysis
2-Attachments A to F
File ID: 2021-01437 Consent Item 09
January 4, 2022
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City of Sacramento
Description/Analysis
Issue Detail: The City Treasurer provides monthly reports to the City Council on current investment activity.
Policy Considerations: The City Treasurer routinely reports on monthly investment transactions to keep the City Council advised of current investment activity.
Economic Impacts: None.
Environmental Considerations: This action is not a project that is subject to CEQA because it is an administrative activity that will not result in direct or indirect physical changes in the environment and because it relates to government fiscal activities that do not involve any commitment to any specific project that may result in a potentially significant physical impact on the environment. (CEQA Guidelines § 15378 (a), (b)(2), and (b)(5)).
Sustainability: None.
Commission/Committee Action: None.
Rationale for Recommendation: The City Treasurer is responsible for depositing and investing funds in the City treasury and for reporting on investment activity in accordance with the authority granted by City Charter Section 73, City Council ordinances and resolutions, and applicable state law. Consistent with the City of Sacramento Investment Policy which is updated annually by City Treasurer’s Office staff and was most recently adopted by City Council on July 20, 2021, the monthly report herein lists the transactions as required by California Government Code section 53607. For informational purposes, the City Treasurer also reports on investment transactions of other funds invested by City Treasurer’s Office staff.
The summary and transactions detail for the month ended November 30, 2021, are listed in Attachments A, B, C, D, E and F.
Financial Considerations: The monthly investment report sets forth the monthly transactions of the City Treasurer’s Office Investment Pool A funds. The market value of the Pool A investment portfolio (Portfolio) on October 31 was $1,354,515,237, while the market value of the Portfolio on November 30 was $1,315,617,480. The yield of the Portfolio in October was
0.87%. There were 8 total transactions for the period (2 purchases and 6 maturities). The estimated duration of the Portfolio as of November 30, 2021, is 3.04 years.
Local Business Enterprise (LBE): Not applicable.
Local Agency Funds:
Pool A Ethel Hart Trust Public Trust George Clark Total Purchases 9,983,964$ -$ -$ -$ 9,983,964$
Sales - 4,274 4,759 1,345 10,378
Calls - - - - -
Maturities 25,982,094 - - - 25,982,094
Contributions 74,366,461 4,274 4,759 1,345 74,376,839 Withdrawals 111,976,545 4,274 23,364 4,270 112,008,453 Total 222,309,064$ 12,822$ 32,882$ 6,960$ 222,361,728$ Outside Agency Funds:
Sacramento City Employees' Retirement System (SCERS) Funds:
Fixed Bonds Equity Income Large Cap International Total Purchases -$ -$ -$ -$ -$
Sales - 52,675 - - 52,675
Calls - - - - -
Maturities 24,940 - - - 24,940
Expenses 61 - - - 61
Contributions - 52,675 - - 52,675
Withdrawals 412,110 72,149 12,035 - 496,294
Total 437,111$ 177,499$ 12,035$ -$ 626,645$ City of Sacramento
Summary of Transactions
November-21
ATTACHMENT A
City of Sacramento
Summary of Transactions
November-21
ATTACHMENT A
SHRA Investment Pool Fund:
Pool D Total
Purchases -$ -$
Sales - -
Calls - -
Maturities 505,252 505,252
Contributions - -
Withdrawals - -
Total 505,252$ 505,252$
Capitol Area Development Authority (CADA) Funds:
CADA CADA-A CADA-B CADA-C Total
Contributions -$ -$ -$ -$ -$ Withdrawals - - - - - Total -$ -$ -$ -$ -$ All Other Funds:
ARFCD RD SPLA SPLA-T TNBC Total
Purchases -$ -$ -$ -$ -$ -$ Sales - - - - - - Calls - - - - - - Maturities - - - - - - Contributions - - 1,130,972 - - 1,130,972 Withdrawals - - 2,500,000 - - 2,500,000 Total -$ -$ 3,630,972$ -$ -$ 3,630,972$ GRAND TOTAL 227,124,597$
City of Sacramento
TRANSACTION SUMMARY
City Investment Pool A
From 11-01-21 To 11-30-21
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
PURCHASES
11-01-21 5,000,000 Barclays Bank Plc 99.85 4,992,397
0.230% Due 06-28-22
11-03-21 5,000,000 Citigroup Global Mkts 99.83 4,991,567
0.230% Due 07-27-22
TOTAL 9,983,964
ATTACHMENT B
City of Sacramento
TRANSACTION SUMMARY
City Investment Pool A
From 11-01-21 To 11-30-21
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
MATURITIES
11-01-21 4,000,000 Honeywell Intl Inc 99.99 3,999,760 100.00 4,000,000 240
1.850% Due 11-01-21
11-01-21 1,050,000 California St Univ Rev 100.00 1,050,000 100.00 1,050,000 0
2.982% Due 11-01-21
11-01-21 905,000 California St Univ Rev 100.00 905,000 100.00 905,000 0
2.000% Due 11-01-21
11-02-21 5,000,000 Barclays Bank Plc 99.82 4,991,233 99.82 4,991,233 0
0.240% Due 11-02-21
11-10-2110,000,000 Banco Santande r SA 99.84 9,983,581 99.84 9,983,581 0
0.230% Due 11-10-21
11-12-21 5,000,000 Credit Suisse New York 101.05 5,052,520 100.00 5,000,000 -52,520
2.100% Due 11-12-21
TOTAL 25,982,094 25,929,814 -52,280
City of Sacramento
TRANSACTION SUMMARY
City Investment Pool A
From 11-01-21 To 11-30-21
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
CONTRIBUTIONS
11-01-21 JP Morgan Chase Cash 25,922
11-01-21 JP Morgan Chase Cash 3,765,043
11-02-21 JP Morgan Chase Cash 2,838,103
11-03-21 JP Morgan Chase Cash 9,422,663
11-05-21 JP Morgan Chase Cash 2,639,389
11-08-21 JP Morgan Chase Cash 2,899,908
11-09-21 JP Morgan Chase Cash 2,244,471
11-10-21 JP Morgan Chase Cash 2,559,824
11-12-21 JP Morgan Chase Cash 504
11-16-21 JP Morgan Chase Cash 3,532,692
11-17-21 JP Morgan Chase Cash 454,498
11-19-21 JP Morgan Chase Cash 1,152
11-22-21 JP Morgan Chase Cash 1,931,550
11-23-21 JP Morgan Chase Cash 2,705,433
11-24-21 JP Morgan Chase Cash 21,777,128
11-26-21 JP Morgan Chase Cash 3,046,942
11-29-21 JP Morgan Chase Cash 900
11-30-21 JP Morgan Chase Cash 14,002,451
11-30-21 Fidelity Fund 8,583
11-30-21 Fidelity Fund 3,927
11-30-21 Fidelity Fund 22,613
11-30-21 Fidelity Fund 411,176
11-30-21 Fidelity Fund 59,556
11-30-21 Fidelity Fund 12,035
TOTAL 74,366,461
City of Sacramento
TRANSACTION SUMMARY
City Investment Pool A
From 11-01-21 To 11-30-21
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
11-01-21 JP Morgan Chase Cash 4,178,895
11-02-21 JP Morgan Chase Cash 12,165,842
11-03-21 JP Morgan Chase Cash 8,583,962
11-04-21 JP Morgan Chase Cash 824,928
11-05-21 JP Morgan Chase Cash 1,269,455
11-08-21 JP Morgan Chase Cash 1,749,474
11-09-21 JP Morgan Chase Cash 1,634,152
11-10-21 JP Morgan Chase Cash 1,351,504
11-12-21 JP Morgan Chase Cash 16,618,955
11-15-21 JP Morgan Chase Cash 2,296,752
11-16-21 JP Morgan Chase Cash 13,633,040
11-17-21 JP Morgan Chase Cash 5,029,009
11-18-21 JP Morgan Chase Cash 2,531,073
11-19-21 JP Morgan Chase Cash 6,329,503
11-22-21 JP Morgan Chase Cash 3,172,758
11-23-21 JP Morgan Chase Cash 6,503,887
11-24-21 JP Morgan Chase Cash 2,500,000
11-24-21 JP Morgan Chase Cash 1,117,774
11-26-21 JP Morgan Chase Cash 1,370,467
11-29-21 JP Morgan Chase Cash 6,224,211
11-30-21 JP Morgan Chase Cash 12,890,905
TOTAL 111,976,545
City of Sacramento
TRANSACTION SUMMARY
Ethel Hart Mutual Endowment Fund
From 11-01-21 To 11-30-21
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
SALES
11-05-21 150 Kyndryl Hldgs Inc 28.50 4,274 25.05 3,757 -517 TOTAL 4,274 3,757 -517
City of Sacramento
TRANSACTION SUMMARY
Ethel Hart Mutual Endowment Fund
From 11-01-21 To 11-30-21
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
CONTRIBUTIONS
11-04-21 150 Kyndryl Hldgs Inc 28.50 4,274
TOTAL 4,274
City of Sacramento
TRANSACTION SUMMARY
Ethel Hart Mutual Endowment Fund
From 11-01-21 To 11-30-21
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
11-04-21 750 International Bus Mach 129.12 4,274
TOTAL 4,274
City of Sacramento
TRANSACTION SUMMARY
Ann Land/Bertha Henschel Endowment Fund
From 11-01-21 To 11-30-21
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
SALES
11-05-21 160 Kyndryl Hldgs Inc 29.75 4,759 25.05 4,008 -751 TOTAL 4,759 4,008 -751
City of Sacramento
TRANSACTION SUMMARY
Ann Land/Bertha Henschel Endowment Fund
From 11-01-21 To 11-30-21
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
CONTRIBUTIONS
11-04-21 160 Kyndryl Hldgs Inc 29.75 4,759
TOTAL 4,759
City of Sacramento
TRANSACTION SUMMARY
Ann Land/Bertha Henschel Endowment Fund
From 11-01-21 To 11-30-21
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
11-04-21 800 International Bus Mach 134.78 4,759
11-30-21 Pool A Cash 18,605
TOTAL 23,364
City of Sacramento
TRANSACTION SUMMARY
George H. Clark Memorial Scholarship Fund
From 11-01-21 To 11-30-21
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
SALES
11-05-21 40 Kyndryl Hldgs Inc 33.63 1,345 25.05 1,002 -343 TOTAL 1,345 1,002 -343
City of Sacramento
TRANSACTION SUMMARY
George H. Clark Memorial Scholarship Fund
From 11-01-21 To 11-30-21
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
CONTRIBUTIONS
11-04-21 40 Kyndryl Hldgs Inc 33.63 1,345
TOTAL 1,345
City of Sacramento
TRANSACTION SUMMARY
George H. Clark Memorial Scholarship Fund
From 11-01-21 To 11-30-21
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
11-04-21 200 International Bus Mach 152.38 1,345
11-30-21 Pool A Cash 2,925
TOTAL 4,270
City of Sacramento
TRANSACTION SUMMARY
Fixed Bonds
SCERS
From 11-01-21 To 11-30-21
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
MATURITIES
11-01-21 21,988 Walgreens Drugs/Adahi, Inc 100.00 21,988 100.00 21,988 0
6.500% Due 05-01-24
11-15-21 167 Gnma Pool #439515 98.06 164 100.00 167 3
7.000% Due 03-15-27
11-15-21 1,318 Gnma Pool #550718 97.31 1,282 100.00 1,318 35
5.000% Due 11-15-35
11-15-21 245 Gnma Pool #320296 98.19 241 100.00 245 4
8.000% Due 03-15-22
11-15-21 35 Gnma Pool #329837 98.47 35 100.00 35 1
7.500% Due 11-15-22
11-15-21 605 Gnma Pool #648348 99.66 603 100.00 605 2
5.500% Due 10-15-35
11-26-21 628 Fannie Mae Pool #256393 99.67 626 100.00 628 2
6.000% Due 09-01-36
TOTAL 24,940 24,988 48
ATTACHMENT C
City of Sacramento
TRANSACTION SUMMARY
Fixed Bonds
SCERS
From 11-01-21 To 11-30-21
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
EXPENSES
11-01-21 Portfolio Investment Fees Payable 61
TOTAL 61
City of Sacramento
TRANSACTION SUMMARY
Fixed Bonds
SCERS
From 11-01-21 To 11-30-21
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
11-30-21 Pool A Cash 412,110
TOTAL 412,110
City of Sacramento
TRANSACTION SUMMARY
Equity Income
SCERS
From 11-01-21 To 11-30-21
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
SALES
11-05-21 1,602 Kyndryl Hldgs Inc 32.88 52,675 25.02 40,082 -12,593 TOTAL 52,675 40,082 -12,593
City of Sacramento
TRANSACTION SUMMARY
Equity Income
SCERS
From 11-01-21 To 11-30-21
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
CONTRIBUTIONS
11-04-21 1,602 Kyndryl Hldgs Inc 32.88 52,675
TOTAL 52,675
City of Sacramento
TRANSACTION SUMMARY
Equity Income
SCERS
From 11-01-21 To 11-30-21
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
11-04-21 8,010 International Bus Mach 148.99 52,675
11-30-21 Pool A Cash 19,474
TOTAL 72,149
City of Sacramento
TRANSACTION SUMMARY
Large Cap Growth
SCERS
From 11-01-21 To 11-30-21
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
11-30-21 Pool A Cash 12,035
TOTAL 12,035
City of Sacramento
TRANSACTION SUMMARY
International
SCERS
From 11-01-21 To 11-30-21
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
No transactions were found!
City of Sacramento
TRANSACTION SUMMARY
SHRA Investment Pool D
From 11-01-21 To 11-30-21
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
MATURITIES
11-12-21 500,000 Credit Suisse New York 101.05 505,252 100.00 500,000 -5,252
2.100% Due 11-12-21
TOTAL 505,252 500,00 0 -5,252
ATTACHMENT D
City of Sacramento
TRANSACTION SUMMARY
Capitol Area Development Authority - Banking
From 11-01-21 To 11-30-21
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
No transactions were found!
ATTACHMENT E
City of Sacramento
TRANSACTION SUMMARY
Capitol Area Development Authority - Tax Exempt
From 11-01-21 To 11-30-21
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
No transactions were found!
City of Sacramento
TRANSACTION SUMMARY
Capitol Area Development Authority - Taxable
From 11-01-21 To 11-30-21
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
No transactions were found!
City of Sacramento
TRANSACTION SUMMARY
CADA 2020 Taxable Bond Proceeds
From 11-01-21 To 11-30-21
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
No transactions were found!
City of Sacramento
TRANSACTION SUMMARY
American River Flood Control District
From 11-01-21 To 11-30-21
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
No transactions were found!
ATTACHMENT F
City of Sacramento
TRANSACTION SUMMARY
Reclamation District No. 1000
From 11-01-21 To 11-30-21
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
No transactions were found!
City of Sacramento
TRANSACTION SUMMARY
Sacramento Public Library Authority
From 11-01-21 To 11-30-21
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
CONTRIBUTIONS
11-01-21 Pool A Cash 1,130,972
TOTAL 1,130,972
City of Sacramento
TRANSACTION SUMMARY
Sacramento Public Library Authority
From 11-01-21 To 11-30-21
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
11-24-21 Pool A Cash 2,500,000
TOTAL 2,500,000
City of Sacramento
TRANSACTION SUMMARY
Sacramento Public Library Authority Hurst Trust
From 11-01-21 To 11-30-21
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
No transactions were found!
City of Sacramento
TRANSACTION SUMMARY
The Natomas Basin Conservancy
From 11-01-21 To 11-30-21
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
No transactions were found!