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Sector Allocation* <br /> ■ 0.4% ■ 0.2% <br /> ■ 25.1% E Certificates of Deposit-Bank <br /> ■ 60.8% <br /> ■LAIF <br /> ■Medium Term Notes <br /> Federal Agency Issues-Coupon <br /> ■ 12.4% 0 Federal Agency Issues-Callable <br /> ■Supranationals <br /> *Based on Market Value <br /> RETURNS ON ASSETS <br /> As of June 30, 2023 <br /> Effective rate of return: 1.38% <br /> COMPARATIVE MARKET RATES HISTORICAL RATES OF <br /> RETURN: <br /> (June 30, 2023) City of Pleasanton Pool <br /> Three Month Treasury Bill 5.43% June 30, 2019 2.04% <br /> Six Month Treasury Bill 5.47% June 30, 2020 2.42% <br /> One Year Treasury Bill 5.40% June 30, 2021 1.41% <br /> Two Year Treasury Note 4.87% June 30, 2022 1.19% <br /> The Federal Reserve has been raising interest rates since March 2022 and resulted in <br /> higher comparative market rates. Most of the securities in the City's investment portfolio <br /> were purchased before the rate hikes, and the overall investment return is expected to <br /> be lower than the market rates in the near term. As securities mature and funds are <br /> reinvested, the City will be able to achieve higher investment returns. <br /> SAFEKEEPING OF SECURITIES: <br /> As of June 30, 2023, the entire portfolio, exclusive of money market accounts and <br /> LAIF was held in third party safekeeping for the benefit of the City of Pleasanton at <br /> Bank of New York Mellon. Bank of New York Mellon is a contractual agent for the <br /> City of Pleasanton. <br />