03. SEPTEMBER 30, 2020
Institution Par Value
Book Value Price
@ Cost
(Fair Value) Market
Value Yield
Money Market Accounts:
Citizens Business Bank - Money Market 3,000,357$ 3,000,357$ 3,000,357$ 0.250%
First American Govt Oblig Fund CI Y 34,806 34,806 34,806 0.010%
Total Money Market 3,035,162$ 3,035,162$ 3,035,162$ 0.247%
Pooled Investment Accounts:
CAMP Pool 10,361,972$ 10,361,972$ 10,361,972$ 0.270%
Local Agency Investment Fund*3,320,617 3,320,617 3,336,931 0.784%
Total Pooled Investment 13,682,590$ 13,682,590$ 13,698,903$ 0.395%
PFM Managed Investment Portfolio:
U.S. Treasury Bond / Note 10,540,000$ 10,550,653$ 11,139,824$ 2.040%
Supra-National Agency Bond / Note 920,000 919,515 935,558 2.770%
Municipal Bond / Note 1,425,000 1,431,452 1,457,486 1.160%
Federal Agency Collaterized Mortgage 1,270,197 1,283,995 1,313,789 2.410%
Asset-Back Security / Collateralized 1,898,001 1,897,889 1,931,237 2.650%
Certificate of Deposit 3,685,000 3,684,998 3,740,367 1.950%
Federal Agency Bond / Note 11,400,000 11,427,212 11,666,819 1.030%
Corporate Note 6,135,000 6,168,505 6,401,166 2.400%
Total PFM Managed Investments 37,273,197$ 37,364,218$ 38,586,245$ 1.810%
ACTIVE DEPOSITS TOTAL 53,990,949$ 54,081,969$ 55,320,311$ 1.364%
Checking Account:
Citizens Business Bank - General Account 19,888,890$ 19,888,890$ 19,888,890$ 0.000%
Citizens Business Bank - HdL Holding 3,230$ 3,230$ 3,230$ 0.000%
Total Inactive Deposits 19,892,120$ 19,892,120$ 19,892,120$ 0.000%
INACTIVE DEPOSITS TOTAL 19,892,120$ 19,892,120$ 19,892,120$
GRAND TOTAL CASH 73,883,069$ 73,974,089$ 75,212,430$
*yield as of the prior quarter end
CITY OF EASTVALE
Schedule of Investments
Fiscal Year 2020-21 as of September 30, 2020
Per Government Code requirements, the Investment Report is in compliance with the City of
Eastvale's Investment Policy, and there are adequate funds available to meet
budgeted and actual expenditures for the next six months.
ACTIVE DEPOSITS
INACTIVE DEPOSITS
I. PORTFOLIO DIVERSIFICATION
DIVERSIFICATION BY INSTRUMENT
Money Market 5.61%
LAIF 6.14%
CAMP Pool 19.16%
Certificates of Deposit 6.81%
U.S. Treasury Bond/ Note 19.51%
Supra-National Agency Bond/Note 1.70%
Municipal Bond / Note 2.65%
Federal Agency Collaterized Mortgage 2.37%
Asset-Backed Security/ Collateralized 3.51%
Federal Agency Bond/ Note 21.13%
Corporate Note 11.41%
100.00%
DIVERSIFICATION BY MATURITY (PFM PORTFOLIO ONLY)
Less Than 90 Days 22.74%
90 days to Six Months (26 Weeks)0.71%
Six Months to One Year (52 Weeks)4.39%
One to Two Years (104 Weeks)12.58%
Two to Three Years (156 Weeks)24.83%
Three to Four Years (208 Weeks)13.64%
Four to Five Years 21.11%
Five Years +0.00%
100.00%
II. PORTFOLIO PERFORMANCE MEASURES
Yield at Cost - September 30, 2020 1.364%
Annual Investment Income Budget 677,570$
Investment Income Received:
Money Market 256$
LAIF -
CAMP Pool 10,540
Certificate of Deposits -
U.S. Treasury Bond/ Note 83,347
Federal Agency Bond/ Note 39,610
Asset-Backed Security/ Collateralized 80,313
Corporate Note 48,395
Supra-National Agency Bond/Note 16,603
Realized Gain/ (Loss)138,229
Total Investment Income Received-YTD 09/30/2020 417,293
Less Investment Fees Paid:
Trust Fees-U.S. Bank (1,310)
Mgmt Fee-PFM (8,948)
Total Investment Fees Paid-YTD 09/30/2020 (10,258)
Net Investment Income Received-YTD 09/30/2020 407,034$
Over/(Under) Annual Budget (270,536)$
% of Annual Budget 60.073%
Net Yield Annualized at Cost - September 30, 2020 1.288%
CITY OF EASTVALE
Dash Board Report Card
Fiscal Year 2020-21 as of September 30, 2020
Diversification by Maturity
Diversification by Investment
CITY OF EASTVALE
Dash Board Report Card
Fiscal Year 2020-21 as of September 30, 2020
CAMP Pool
20%
Local Agency
Investment Fund*
6%
U.S. Treasury Bond /
Note
21%
Supra-National
Agency Bond / Note
2%
Municipal Bond /
Note
3%
Federal Agency Collaterized
Mortgage
3%
Asset-Back Security /
Collateralized
4%
Certificate of Deposit
7%
Federal Agency Bond
/ Note
22%
Corporate Note
12%
0%
5%
10%
15%
20%
25%
30%
0 - 0.25 0.25 - 0.50 0.50 - 1 1 - 2 2 - 3 3 - 4 4 - 5 +5 +% of PortfolioMaturity in Years
Schedule of Investments - September 30, 2020
Money Market Accounts 3,035,162$
Pooled Investment Accounts 13,682,590$
PFM Managed Investments 37,364,218$
Checking Account 19,892,120$
Grand Total Cash - September 30, 2020 73,974,089$
Breakdown of Total Cash at September 30, 2020
Restricted Funds (Non-Discretionary Per Law)-$
Committed (Per Formal Action of City Council)10,500,000
Designated/ Assigned (Per City's Intent):-
Fire Operations/ Improvements
(Per FY 20-21 Budget)9,576,930
General Fund Emergency Contingency:
To meet City's cash obligations
for the next six months
General Fund Adopted Budget
Expenditures-FY 2020-21
(Per Fund Balance Reserve Policy)11,840,728
Total Designated/ Assigned 21,417,658
Unassigned (Per FY20-21 Budget)6,689,368
Grand Total Cash - September 30, 2020 38,607,026
CITY OF EASTVALE
Cash Breakdown per Fund Balance Reserve Policy
Fiscal Year 2020-21 as of September 30, 2020
Yield at Cost - September 30, 2020 1.364%
Annual Investment Income Budget 677,570$
Investment Income Received YTD:
Money Market 256$
LAIF -
CAMP Pool 10,540
Certificate of Deposits -
U.S. Treasury Bond/ Note 83,347
Federal Agency Bond/ Note 39,610
Asset-Backed Security/ Collateralized 80,313
Corporate Note 48,395
Supra-National Agency Bond/Note 16,603
Realized Gain/ (Loss)138,229
Total Investment Income Received-YTD 09/30/2020 417,293
Less Investment Fees Paid:
Trust Fees-U.S. Bank (1,310)
Mgmt Fee-PFM (8,948)
Total Investment Fees Paid-YTD 09/30/2020 (10,258)
Net Investment Income Received-YTD 09/30/2020 407,034$
Over/(Under) Annual Budget (270,536)$
% of Annual Budget 60.073%
Net Yield Annualized at Cost - September 30, 2020 1.288%
CITY OF EASTVALE
Investment Income
Fiscal Year 2020-21 as of September 30, 2020