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CITY OF PLEASANTON <br /> INVESTMENT ACTIVITY SUMMARY AND ANALYSIS AS OF DECEMBER 31,2022 <br /> SUMMARY: <br /> Primary City Managed Investment Portfolio <br /> As of December 31, 2022, the City's General investment portfolio had a book value <br /> of$234.0 million, increased by $15.0 million from $219.0 million in the prior quarter. <br /> The increase was primarily due to a large property tax payment from the county and <br /> sales tax payments from the state. The fiscal year-to-date effective rate of return on <br /> the portfolio was 1.22 percent. The average days to maturity (ADM) decreased from <br /> 1,089 days on September 30, 2022 to 939 days on December 31, 2022. <br /> The City's investment in the Local Agency Investment Fund (LAIF) increased to $30.0 <br /> million from $15.0 million last quarter ending September 30, 2022. The quarterly <br /> LAIF apportionment interest rate was 2.07 percent with ADM of 287 days. The <br /> average monthly effective yield was 1.77 percent in October, 2.01 percent in <br /> November, and 2.17 percent in December. <br /> During the quarter, no securities was matured or called. As of December 31, 2022, <br /> approximately 68.4 percent of the total portfolio consisted of federal agency <br /> securities. Corporate notes accounted for 17.2 percent of the portfolio. <br /> • Fair Market Value of total portfolio - $ 214,083,147 <br /> • Fiscal year-to-date effective rate of return - 1.22 percent <br /> • Weighted average days to maturity - 939 days <br /> • Fiscal year-to-date net interest earnings- $1,358,072 <br /> ASSET COMPOSITION: <br /> Investment Percent of Portfolio <br /> Certificates of Deposit- Bank 0.2% <br /> LAIF 13.8% <br /> Medium Term Notes 17.2% <br /> Federal Agency Issues - Coupon 2.2% <br /> Federal Agency Issues - Callable 66.2% <br /> Supranationals 0.4% <br /> 100.00% <br />