City of Sacramento
City Council - 2PM Report
915 I Street Sacramento, CA 95814
www.cityofsacramento.org
File ID: 2025-00861 5/27/2025 Item 6.
April 2025 Monthly Investment Transactions Report
File ID: 2025-00861
Location: Citywide
Recommendation: Receive and file.
Contact: Stacy Hussey, Chief Investment Officer, (916) 808-7746, [email protected] <mailto:[email protected]>, Office of the City Treasurer Presenter: None
Attachments:
1-Description/Analysis
2-Attachments A to F
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 California Environmental Quality Act (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
File ID: 2025-00861 5/27/2025 Item 6.
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 June 25,2024, 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 April 30, 2025, 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 March 31 was $1,689,431,593, while the market value of the Portfolio on April 30 was $1,729,153,397. The yield of the Portfolio in April was 2.91%. There were 33 total transactions for the period (16 purchases, 2 calls and 15 maturities). The estimated duration of the Portfolio as of April 30, 2025, is 1.42 years.
Local Business Enterprise (LBE): Not applicable.
Local Agency Funds:
Pool A Ethel Hart Trust Public Trust George Clark Total Purchases 91,532,460$ -$ -$ -$ 91,532,460$
Sales - - - - -
Calls 10,000,000 - - - 10,000,000
Maturities 68,025,679 - - - 68,025,679
Contributions 143,778,360 - - - 143,778,360
Withdrawals 112,512,813 183,000 14,361 2,882 112,713,056 Total 425,849,312$ 183,000$ 14,361$ 2,882$ 426,049,555$ Outside Agency Funds:
Sacramento City Employees' Retirement System (SCERS) Funds:
Fixed Bonds Equity Income Large Cap International Total Purchases 325,487$ -$ 24,482$ -$ 349,969$ Sales 58,562 - 5,467 834,420 898,449
Calls - - - - -
Maturities 1,515,178 - - - 1,515,178
Expenses - - - - -
Contributions - - - - -
Withdrawals 1,302,217 21,346 20,212 1,000,459 2,344,234 Total 3,201,444$ 21,346$ 50,161$ 1,834,879$ 5,107,830$ City of Sacramento
Summary of Transactions
April-25
ATTACHMENT A
City of Sacramento
Summary of Transactions
April-25
ATTACHMENT A
SHRA Investment Pool Fund:
Pool D Total
Purchases 1,464,290$ 1,464,290$
Sales - -
Calls - -
Maturities 5,768,071 5,768,071
Contributions - -
Withdrawals - -
Total 7,232,361$ 7,232,361$
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 - - 1,189,305 - - 1,189,305
Withdrawals - - 24,361 1,250 - 25,611
Total -$ -$ 1,213,666$ 1,250$ -$ 1,214,916$ GRAND TOTAL 439,604,662$
City of Sacramento
TRANSACTION SUMMARY
City Investment Pool A
From 04-01-25 To 04-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
PURCHASES
04-02-2510,000,000 Natixis NY 97.12 9,712,047
4.130% Due 12-09-25
04-03-25 5,000,000 Australia & New Zealand Banking
Group
97.15 4,857,639
4.100% Due 12-10-25
04-04-25 5,000,000 Federal Farm Credit Bank 100.00 5,000,000
4.520% Due 04-09-30
04-09-25 7,000,000 Societe Generale 97.09 6,795,985
4.020% Due 12-26-25
04-10-25 5,000,000 Tjx Cos Inc New 96.75 4,837,400
3.875% Due 04-15-30
04-10-25 5,000,000 Bank of America Corp 96.73 4,836,650
3.974% Due 02-07-30
04-11-25 5,000,000 Mercedes-Benz Fin North Amer 99.11 4,955,500
5.100% Due 11-15-29
04-17-25 5,000,000 BMW US Capital LLC 100.00 5,000,000
4.900% Due 04-02-29
04-21-25 5,688,000 BMW US Capital LLC 96.42 5,484,199
4.150% Due 04-09-30
04-21-25 5,000,000 State Str Corp 100.48 5,024,250
4.729% Due 02-28-30
04-21-25 5,000,000 Toyota Motor Credit Corp 99.81 4,990,600
4.550% Due 08-09-29
04-21-2510,000,000 Credit Agricole Corp 97.06 9,705,747
4.090% Due 01-06-26
04-22-25 5,000,000 American Honda Finance 98.47 4,923,500
4.600% Due 04-17-30
04-22-25 5,761,000 Hyundai Capital America 100.09 5,766,243
5.300% Due 01-08-29
04-25-25 5,000,000 Ascension Health Alliance 91.73 4,586,750
2.532% Due 11-15-29
04-25-25 5,000,000 State Str Corp 101.12 5,055,950
4.834% Due 04-24-30
TOTAL 91,532,460
ATTACHMENT B
City of Sacramento
TRANSACTION SUMMARY
City Investment Pool A
From 04-01-25 To 04-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
CALLS
04-07-25 5,000,000 Federal Home Loan Bank 100.00 5,000,000 100.00 5,000,000 0
5.250% Due 08-06-29
04-09-25 5,000,000 Federal Farm Credit Bank 100.00 5,000,000 100.00 5,000,000 0
4.930% Due 09-06-28
TOTAL 10,000,000 10,000,000 0
City of Sacramento
TRANSACTION SUMMARY
City Investment Pool A
From 04-01-25 To 04-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
MATURITIES
04-01-25 3,000,000 Toyota Motor Credit Corp 99.83 2,994,960 100.00 3,000,000 5,040
3.000% Due 04-01-25
04-01-25 5,000,000 United Parcel Service Inc 98.87 4,943,300 100.00 5,000,000 56,700
3.900% Due 04-01-25
04-01-25 5,000,000 California St 98.45 4,922,300 100.00 5,000,000 77,700
3.375% Due 04-01-25
04-01-25 1,000,000 Oregon St Dept of Admin Svcs Lottery Rev
100.00 1,000,000 100.00 1,000,000 0
2.915% Due 04-01-25
04-01-25 3,000,000 Virginia Housing Development
Authority
100.00 3,000,000 100.00 3,000,000 0
2.056% Due 04-01-25
04-08-25 5,000,000 Barclays Bank Plc 100.00 5,000,000 100.00 5,000,000 0
3.250% Due 04-08-25
04-13-25 5,000,000 Amazon Com Inc 98.13 4,906,350 100.00 5,000,000 93,650
3.000% Due 04-13-25
04-15-25 5,013,000 Deere & Company 97.84 4,904,519 100.00 5,013,000 108,481
2.750% Due 04-15-25
04-15-25 6,000,000 Target Corp 97.49 5,849,220 100.00 6,000,000 150,780
2.250% Due 04-15-25
04-17-25 9,000,000 American Honda Finance 99.73 8,975,610 100.00 9,000,000 24,390
4.600% Due 04-17-25
04-22-25 2,500,000 Cargill Inc 98.48 2,462,100 100.00 2,500,000 37,900
3.500% Due 04-22-25
04-24-25 4,000,000 Bank New York Mellon Corp 102.41 4,096,520 100.00 4,000,000 -96,520
1.600% Due 04-24-25
04-25-25 5,000,000 Royal Bank of Canada 99.65 4,982,500 100.00 5,000,000 17,500
4.950% Due 04-25-25
04-28-25 5,000,000 Canadian Imperial Bank 99.77 4,988,300 100.00 5,000,000 11,700
5.144% Due 04-28-25
04-29-25 5,000,000 Freddie Mac 100.00 5,000,000 100.00 5,000,000 0
3.100% Due 04-29-25
TOTAL 68,025,679 68,513,000 487,321
City of Sacramento
TRANSACTION SUMMARY
City Investment Pool A
From 04-01-25 To 04-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
CONTRIBUTIONS
04-01-25 JP Morgan Chase Cash 5,442,947
04-02-25 JP Morgan Chase Cash 8,262,379
04-04-25 JP Morgan Chase Cash 3,590,044
04-07-25 JP Morgan Chase Cash 4,598,926
04-08-25 JP Morgan Chase Cash 10,894,916
04-09-25 JP Morgan Chase Cash 3,202,444
04-10-25 JP Morgan Chase Cash 1,223,372
04-11-25 JP Morgan Chase Cash 2,847,756
04-14-25 JP Morgan Chase Cash 2,072,864
04-15-25 JP Morgan Chase Cash 3,259,765
04-16-25 JP Morgan Chase Cash 722,031
04-18-25 JP Morgan Chase Cash 56,524,801
04-21-25 JP Morgan Chase Cash 3,010,948
04-22-25 JP Morgan Chase Cash 4,024,714
04-23-25 JP Morgan Chase Cash 3,962,044
04-24-25 JP Morgan Chase Cash 19,267,851
04-25-25 JP Morgan Chase Cash 1,936,374
04-28-25 JP Morgan Chase Cash 1,497,286
04-28-25 Fidelity Fund 3,000
04-29-25 Fidelity Fund 1,000,000
04-29-25 Fidelity Fund 1,000,000
04-30-25 JP Morgan Chase Cash 5,067,624
04-30-25 Fidelity Fund 5,255
04-30-25 Fidelity Fund 2,882
04-30-25 Fidelity Fund 14,361
04-30-25 Fidelity Fund 302,217
04-30-25 Fidelity Fund 21,346
04-30-25 Fidelity Fund 20,212
TOTAL 143,778,360
City of Sacramento
TRANSACTION SUMMARY
City Investment Pool A
From 04-01-25 To 04-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
04-01-25 JP Morgan Chase Cash 17,486,061
04-02-25 JP Morgan Chase Cash 5,415,614
04-03-25 JP Morgan Chase Cash 2,102,877
04-04-25 JP Morgan Chase Cash 1,145,499
04-07-25 JP Morgan Chase Cash 1,391,791
04-08-25 JP Morgan Chase Cash 1,914,294
04-09-25 JP Morgan Chase Cash 1,583,869
04-10-25 JP Morgan Chase Cash 1,379,429
04-11-25 JP Morgan Chase Cash 1,365,941
04-14-25 JP Morgan Chase Cash 2,225,752
04-15-25 JP Morgan Chase Cash 18,438,194
04-16-25 JP Morgan Chase Cash 7,911,426
04-17-25 JP Morgan Chase Cash 5,466,943
04-18-25 JP Morgan Chase Cash 1,672,681
04-21-25 JP Morgan Chase Cash 2,628,533
04-22-25 JP Morgan Chase Cash 2,955,479
04-23-25 JP Morgan Chase Cash 3,112,930
04-24-25 JP Morgan Chase Cash 4,769,603
04-25-25 JP Morgan Chase Cash 668,481
04-28-25 JP Morgan Chase Cash 2,373,736
04-29-25 JP Morgan Chase Cash 19,823,795
04-30-25 JP Morgan Chase Cash 6,679,886
TOTAL 112,512,813
City of Sacramento
TRANSACTION SUMMARY
Ethel Hart Mutual Endowment Fund
From 04-01-25 To 04-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
04-11-25 Pool A Cash 183,000
TOTAL 183,000
City of Sacramento
TRANSACTION SUMMARY
Ann Land/Bertha Henschel Endowment Fund
From 04-01-25 To 04-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
04-30-25 Pool A Cash 14,361
TOTAL 14,361
City of Sacramento
TRANSACTION SUMMARY
George H. Clark Memorial Scholarship Fund
From 04-01-25 To 04-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
04-30-25 Pool A Cash 2,882
TOTAL 2,882
City of Sacramento
TRANSACTION SUMMARY
Fixed Bonds
SCERS
From 04-01-25 To 04-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
PURCHASES
04-02-25 325,000 Glaxosmithkline Cap Inc 100.15 325,487
4.500% Due 04-15-30
TOTAL 325,487
ATTACHMENT C
City of Sacramento
TRANSACTION SUMMARY
Fixed Bonds
SCERS
From 04-01-25 To 04-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
SALES
04-01-25 55,000 Sacramento Calif Pub Fing Auth 106.48 58,562 100.00 55,000 -3,562
5.637% Due 04-01-50
TOTAL 58,562 55,000 -3,562
City of Sacramento
TRANSACTION SUMMARY
Fixed Bonds
SCERS
From 04-01-25 To 04-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
MATURITIES
04-08-25 1,000,000 Barclays Bank Plc 100.00 1,000,000 100.00 1,000,000 0
3.250% Due 04-08-25
04-15-25 103 Gnma Pool #439515 98.06 101 100.00 103 2
7.000% Due 03-15-27
04-15-25 1,147 Gnma Pool #550718 97.31 1,116 100.00 1,147 31
5.000% Due 11-15-35
04-15-25 399 Gnma Pool #648348 99.66 398 100.00 399 1
5.500% Due 10-15-35
04-17-25 500,000 General Mills Inc 99.56 497,815 100.00 500,000 2,185
4.000% Due 04-17-25
04-25-25 5,025 Freddie Mac Pool #SD8278 101.37 5,094 100.00 5,025 -69
6.000% Due 12-01-52
04-25-25 4,625 Freddie Mac Pool #SD8343 100.06 4,628 100.00 4,625 -3
6.000% Due 07-01-53
04-25-25 5,892 Freddie Mac Pool #SD8432 100.41 5,916 100.00 5,892 -24
6.000% Due 05-01-54
04-25-25 109 Fannie Mae Pool #256393 99.67 109 100.00 109 0
6.000% Due 09-01-36
TOTAL 1,515,178 1,517,301 2,124
City of Sacramento
TRANSACTION SUMMARY
Fixed Bonds
SCERS
From 04-01-25 To 04-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
04-29-25 Pool A Cash 1,000,000
04-30-25 Pool A Cash 302,217
TOTAL 1,302,217
City of Sacramento
TRANSACTION SUMMARY
Equity Income
SCERS
From 04-01-25 To 04-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
04-30-25 Pool A Cash 21,346
TOTAL 21,346
City of Sacramento
TRANSACTION SUMMARY
Large Cap Growth
SCERS
From 04-01-25 To 04-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
PURCHASES
04-01-25 100 Vaneck Etf Tru Cll Opt255.0000
04172025
0.12 1,178
04-01-25 100 Spdr S&p 500 E Cll Opt605.0000
04172025
0.08 778
04-01-25 200 Select Sector Cll Opt 235.0000
04172025
0.09 1,756
04-04-25 200 Select Sector Cll Opt 96.0000 04172025 0.09 1,756 04-14-25 -35 Apple Inc Cll Opt 230.0000 05162025 2.33 -8,156 04-14-25 -100 Vaneck Etf Tru Cll Opt235.0000
05162025
1.45 -14,497
04-14-25 -100 Select Sector Cll Opt 225.0000
05162025
0.73 -7,297
TOTAL -24,482
City of Sacramento
TRANSACTION SUMMARY
Large Cap Growth
SCERS
From 04-01-25 To 04-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
SALES
04-01-25 0 Vaneck Etf Tru Cll Opt255.0000
04172025
0.00 1,178 0.00 14,897 13,719
04-01-25 0 Spdr S&p 500 E Cll Opt605.0000
04172025
0.00 778 0.00 5,497 4,719
04-01-25 0 Select Sector Cll Opt 235.0000
04172025
0.00 1,756 0.00 11,708 9,952
04-04-25 0 Select Sector Cll Opt 96.0000 04172025 0.00 1,756 0.00 8,894 7,138 TOTAL 5,467 40,996 35,529
City of Sacramento
TRANSACTION SUMMARY
Large Cap Growth
SCERS
From 04-01-25 To 04-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
04-30-25 Pool A Cash 20,212
TOTAL 20,212
City of Sacramento
TRANSACTION SUMMARY
International
SCERS
From 04-01-25 To 04-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
SALES
04-28-25 18,000 Ishares Msci Acwi Us Etf 46.36 834,420 56.68 1,020,212 185,792 TOTAL 834,420 1,020,212 185,792
City of Sacramento
TRANSACTION SUMMARY
International
SCERS
From 04-01-25 To 04-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
04-29-25 Pool A Cash 1,000,000
04-30-25 Pool A Cash 459
TOTAL 1,000,459
City of Sacramento
TRANSACTION SUMMARY
SHRA Investment Pool D
From 04-01-25 To 04-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
PURCHASES
04-29-25 1,000,000 Tennessee Valley Auth 96.80 968,040
4.875% Due 01-15-48
04-29-25 500,000 Tennessee Valley Auth 99.25 496,250
5.250% Due 02-01-55
TOTAL 1,464,290
ATTACHMENT D
City of Sacramento
TRANSACTION SUMMARY
SHRA Investment Pool D
From 04-01-25 To 04-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
MATURITIES
04-01-25 1,000,000 United Parcel Service Inc 98.87 988,660 100.00 1,000,000 11,340
3.900% Due 04-01-25
04-01-25 1,000,000 California St 98.45 984,460 100.00 1,000,000 15,540
3.375% Due 04-01-25
04-08-25 1,000,000 Barclays Bank Plc 100.00 1,000,000 100.00 1,000,000 0
3.250% Due 04-08-25
04-15-25 1,000,000 Deere & Company 97.84 978,360 100.00 1,000,000 21,640
2.750% Due 04-15-25
04-15-25 300,000 Target Corp 97.49 292,461 100.00 300,000 7,539
2.250% Due 04-15-25
04-24-25 1,000,000 Bank New York Mellon Corp 102.41 1,024,130 100.00 1,000,000 -24,130
1.600% Due 04-24-25
04-29-25 500,000 Freddie Mac 100.00 500,000 100.00 500,000 0
3.100% Due 04-29-25
TOTAL 5,768,071 5,800,000 31,929
City of Sacramento
TRANSACTION SUMMARY
Capitol Area Development Authority - Banking
From 04-01-25 To 04-30-25
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 04-01-25 To 04-30-25
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 04-01-25 To 04-30-25
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 04-01-25 To 04-30-25
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 04-01-25 To 04-30-25
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 04-01-25 To 04-30-25
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 04-01-25 To 04-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
CONTRIBUTIONS
04-01-25 Pool A Cash 1,189,305
TOTAL 1,189,305
City of Sacramento
TRANSACTION SUMMARY
Sacramento Public Library Authority
From 04-01-25 To 04-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
04-01-25 Pool A Cash 24,361
TOTAL 24,361
City of Sacramento
TRANSACTION SUMMARY
Sacramento Public Library Authority Hurst Trust
From 04-01-25 To 04-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
04-01-25 Pool A Cash 1,250
TOTAL 1,250
City of Sacramento
TRANSACTION SUMMARY
The Natomas Basin Conservancy
From 04-01-25 To 04-30-25
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
No transactions were found!