05. NOVEMBER 30, 2020
Institution Par Value
Book Value Price
@ Cost
(Fair Value) Market
Value Yield
Money Market Accounts:
Citizens Business Bank - Money Market 3,001,499$ 3,001,499$ 3,001,499$ 0.210%
First American Govt Oblig Fund CI Y 237,319 237,319 237,319 0.010%
Total Money Market 3,238,818$ 3,238,818$ 3,238,818$ 0.195%
Pooled Investment Accounts:
CAMP Pool 10,364,786$ 10,364,786$ 10,364,786$ 0.140%
Local Agency Investment Fund*3,327,669 3,327,669 3,341,361 0.685%
Total Pooled Investment 13,692,455$ 13,692,455$ 13,706,147$ 0.272%
PFM Managed Investment Portfolio:
U.S. Treasury Bond / Note 9,555,000$ 9,562,937$ 10,069,506$ 2.040%
Supra-National Agency Bond / Note 1,200,000 1,199,033 1,212,050 2.210%
Municipal Bond / Note 1,570,000 1,576,112 1,606,821 1.120%
Federal Agency Collaterized Mortgage 1,258,550 1,271,284 1,299,100 2.410%
Asset-Back Security / Collateralized 1,672,758 1,672,660 1,698,960 2.660%
Certificate of Deposit 2,920,000 2,920,000 2,968,214 1.840%
Federal Agency Bond / Note 12,350,000 12,348,455 12,565,968 0.950%
Corporate Note 6,670,000 6,735,466 6,955,032 2.270%
Total PFM Managed Investments 37,196,308$ 37,285,947$ 38,375,651$ 1.712%
ACTIVE DEPOSITS TOTAL 54,127,581$ 54,217,220$ 55,320,616$ 1.258%
Checking Account:
Citizens Business Bank - General Account 19,875,263$ 19,875,263$ 19,875,263$ 0.000%
Citizens Business Bank - HdL Holding 16,583$ 16,583$ 16,583$ 0.000%
Total Inactive Deposits 19,891,846$ 19,891,846$ 19,891,846$ 0.000%
INACTIVE DEPOSITS TOTAL 19,891,846$ 19,891,846$ 19,891,846$
GRAND TOTAL CASH 74,019,427$ 74,109,066$ 75,212,461$
*yield as of the prior quarter end
CITY OF EASTVALE
Schedule of Investments
Fiscal Year 2020-21 as of November 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 5.97%
LAIF 6.14%
CAMP Pool 19.12%
Certificates of Deposit 5.39%
U.S. Treasury Bond/ Note 17.64%
Supra-National Agency Bond/Note 2.21%
Municipal Bond / Note 2.91%
Federal Agency Collaterized Mortgage 2.34%
Asset-Backed Security/ Collateralized 3.09%
Federal Agency Bond/ Note 22.78%
Corporate Note 12.42%
100.00%
DIVERSIFICATION BY MATURITY (PFM PORTFOLIO ONLY)
Less Than 90 Days 21.98%
90 days to Six Months (26 Weeks)1.44%
Six Months to One Year (52 Weeks)2.96%
One to Two Years (104 Weeks)14.87%
Two to Three Years (156 Weeks)27.19%
Three to Four Years (208 Weeks)12.22%
Four to Five Years 19.35%
Five Years +0.00%
100.00%
II. PORTFOLIO PERFORMANCE MEASURES
Yield at Cost - November 30, 2020 1.258%
Annual Investment Income Budget 677,570$
Investment Income Received:
Money Market 267$
LAIF 19,123
CAMP Pool 11,026
Certificate of Deposits -
U.S. Treasury Bond/ Note 111,678
Federal Agency Bond/ Note 47,894
Asset-Backed Security/ Collateralized 80,679
Corporate Note 65,544
Supra-National Agency Bond/Note 18,764
Realized Gain/ (Loss)156,904
Total Investment Income Received-YTD 11/30/2020 511,879
Less Investment Fees Paid:
Trust Fees-U.S. Bank (2,163)
Mgmt Fee-PFM (14,565)
Total Investment Fees Paid-YTD 11/30/2020 (16,729)
Net Investment Income Received-YTD 11/30/2020 495,151$
Over/(Under) Annual Budget (182,419)$
% of Annual Budget 73.077%
Net Yield Annualized at Cost - November 30, 2020 1.134%
CITY OF EASTVALE
Dash Board Report Card
Fiscal Year 2020-21 as of November 30, 2020
Diversification by Maturity
Diversification by Investment
CITY OF EASTVALE
Dash Board Report Card
Fiscal Year 2020-21 as of November 30, 2020
CAMP Pool
20%
Local Agency
Investment Fund*
7%
U.S. Treasury Bond /
Note
19%
Supra-National
Agency Bond / Note
2%
Municipal Bond /
Note
3%
Federal Agency Collaterized
Mortgage
3%
Asset-Back Security /
Collateralized
3%
Certificate of Deposit
6%
Federal Agency Bond
/ Note
24%
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 - November 30, 2020
Money Market Accounts 3,238,818$
Pooled Investment Accounts 13,692,455$
PFM Managed Investments 37,285,947$
Checking Account 19,891,846$
Grand Total Cash - November 30, 2020 74,109,066$
Breakdown of Total Cash at November 30, 2020
Restricted Funds (Non-Discretionary Per Law)29,557,177$
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 12,634,231
Grand Total Cash - November 30, 2020 74,109,066
CITY OF EASTVALE
Cash Breakdown per Fund Balance Reserve Policy
Fiscal Year 2020-21 as of November 30, 2020
Yield at Cost - November 30, 2020 1.258%
Annual Investment Income Budget 677,570$
Investment Income Received YTD:
Money Market 267$
LAIF 19,123
CAMP Pool 11,026
Certificate of Deposits -
U.S. Treasury Bond/ Note 111,678
Federal Agency Bond/ Note 47,894
Asset-Backed Security/ Collateralized 80,679
Corporate Note 65,544
Supra-National Agency Bond/Note 18,764
Realized Gain/ (Loss)156,904
Total Investment Income Received-YTD 11/30/2020 511,879
Less Investment Fees Paid:
Trust Fees-U.S. Bank (2,163)
Mgmt Fee-PFM (14,565)
Total Investment Fees Paid-YTD 11/30/2020 (16,729)
Net Investment Income Received-YTD 11/30/2020 495,151$
Over/(Under) Annual Budget (182,419)$
% of Annual Budget 73.077%
Net Yield Annualized at Cost - November 30, 2020 1.134%
CITY OF EASTVALE
Investment Income
Fiscal Year 2020-21 as of November 30, 2020