04. OCTOBER 31, 2020
Institution Par Value
Book Value Price
@ Cost
(Fair Value) Market
Value Yield
Money Market Accounts:
Citizens Business Bank - Money Market 3,000,973$ 3,000,973$ 3,000,973$ 0.250%
First American Govt Oblig Fund CI Y 237,319 237,319 237,319 0.010%
Total Money Market 3,238,292$ 3,238,292$ 3,238,292$ 0.232%
Pooled Investment Accounts:
CAMP Pool 10,363,632$ 10,363,632$ 10,363,632$ 0.190%
Local Agency Investment Fund*3,327,669 3,327,669 3,341,361 0.685%
Total Pooled Investment 13,691,301$ 13,691,301$ 13,704,993$ 0.310%
PFM Managed Investment Portfolio:
U.S. Treasury Bond / Note 9,880,000$ 9,902,714$ 10,425,086$ 2.000%
Supra-National Agency Bond / Note 920,000 919,574 933,754 2.770%
Municipal Bond / Note 1,570,000 1,576,279 1,597,605 1.120%
Federal Agency Collaterized Mortgage 1,264,210 1,277,491 1,306,157 2.410%
Asset-Back Security / Collateralized 1,784,602 1,784,496 1,814,217 2.660%
Certificate of Deposit 3,620,000 3,620,000 3,672,030 1.920%
Federal Agency Bond / Note 11,580,000 11,579,918 11,782,149 0.980%
Corporate Note 6,670,000 6,737,213 6,960,210 2.270%
Total PFM Managed Investments 37,288,812$ 37,397,685$ 38,491,209$ 1.752%
ACTIVE DEPOSITS TOTAL 54,218,405$ 54,327,278$ 55,434,494$ 1.298%
Checking Account:
Citizens Business Bank - General Account 20,264,782$ 20,264,782$ 20,264,782$ 0.000%
Citizens Business Bank - HdL Holding 9,998$ 9,998$ 9,998$ 0.000%
Total Inactive Deposits 20,274,780$ 20,274,780$ 20,274,780$ 0.000%
INACTIVE DEPOSITS TOTAL 20,274,780$ 20,274,780$ 20,274,780$
GRAND TOTAL CASH 74,493,185$ 74,602,058$ 75,709,274$
*yield as of the prior quarter end
CITY OF EASTVALE
Schedule of Investments
Fiscal Year 2020-21 as of October 31, 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 5.96%
LAIF 6.13%
CAMP Pool 19.08%
Certificates of Deposit 6.66%
U.S. Treasury Bond/ Note 18.23%
Supra-National Agency Bond/Note 1.69%
Municipal Bond / Note 2.90%
Federal Agency Collaterized Mortgage 2.35%
Asset-Backed Security/ Collateralized 3.28%
Federal Agency Bond/ Note 21.32%
Corporate Note 12.40%
100.00%
DIVERSIFICATION BY MATURITY (PFM PORTFOLIO ONLY)
Less Than 90 Days 22.65%
90 days to Six Months (26 Weeks)2.15%
Six Months to One Year (52 Weeks)2.94%
One to Two Years (104 Weeks)13.47%
Two to Three Years (156 Weeks)24.16%
Three to Four Years (208 Weeks)14.54%
Four to Five Years 20.10%
Five Years +0.00%
100.00%
II. PORTFOLIO PERFORMANCE MEASURES
Yield at Cost - October 31, 2020 1.298%
Annual Investment Income Budget 677,570$
Investment Income Received:
Money Market 255$
LAIF 19,123
CAMP Pool 9,873
Certificate of Deposits -
U.S. Treasury Bond/ Note 71,917
Federal Agency Bond/ Note 43,357
Asset-Backed Security/ Collateralized 76,941
Corporate Note 52,712
Supra-National Agency Bond/Note 18,764
Realized Gain/ (Loss)152,592
Total Investment Income Received-YTD 10/31/2020 445,534
Less Investment Fees Paid:
Trust Fees-U.S. Bank (1,737)
Mgmt Fee-PFM (11,582)
Total Investment Fees Paid-YTD 10/31/2020 (13,319)
Net Investment Income Received-YTD 10/31/2020 432,215$
Over/(Under) Annual Budget (245,355)$
% of Annual Budget 63.789%
Net Yield Annualized at Cost - October 31, 2020 1.200%
CITY OF EASTVALE
Dash Board Report Card
Fiscal Year 2020-21 as of October 31, 2020
Diversification by Maturity
Diversification by Investment
CITY OF EASTVALE
Dash Board Report Card
Fiscal Year 2020-21 as of October 31, 2020
CAMP Pool
20%
Local Agency
Investment Fund*
6%
U.S. Treasury Bond /
Note
20%
Supra-National
Agency Bond / Note
2%
Municipal Bond /
Note
3%
Federal Agency Collaterized
Mortgage
3%
Asset-Back Security /
Collateralized
3%
Certificate of Deposit
7%
Federal Agency Bond
/ Note
23%
Corporate Note
13%
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 - October 31, 2020
Money Market Accounts 3,238,292$
Pooled Investment Accounts 13,691,301$
PFM Managed Investments 37,397,685$
Checking Account 20,274,780$
Grand Total Cash - October 31, 2020 74,602,058$
Breakdown of Total Cash at October 31, 2020
Restricted Funds (Non-Discretionary Per Law)29,753,799$
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 12,930,602
Grand Total Cash - October 31, 2020 74,602,058
CITY OF EASTVALE
Cash Breakdown per Fund Balance Reserve Policy
Fiscal Year 2020-21 as of October 31, 2020
Yield at Cost - October 31, 2020 1.298%
Annual Investment Income Budget 677,570$
Investment Income Received YTD:
Money Market 255$
LAIF 19,123
CAMP Pool 9,873
Certificate of Deposits -
U.S. Treasury Bond/ Note 71,917
Federal Agency Bond/ Note 43,357
Asset-Backed Security/ Collateralized 76,941
Corporate Note 52,712
Supra-National Agency Bond/Note 18,764
Realized Gain/ (Loss)152,592
Total Investment Income Received-YTD 10/31/2020 445,534
Less Investment Fees Paid:
Trust Fees-U.S. Bank (1,737)
Mgmt Fee-PFM (11,582)
Total Investment Fees Paid-YTD 10/31/2020 (13,319)
Net Investment Income Received-YTD 10/31/2020 432,215$
Over/(Under) Annual Budget (245,355)$
% of Annual Budget 63.789%
Net Yield Annualized at Cost - October 31, 2020 1.200%
CITY OF EASTVALE
Investment Income
Fiscal Year 2020-21 as of October 31, 2020