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Submitte d O n: <br />Nov 18, 2024, 01:11PM P S T <br />C ity C ouncil Regular M eeting - <br />Submit y our w r itten public <br />comment <br />City of Pleasanton <br />Full Na me F irs t Na me : Ro s ar io <br />La s t Na me : Mile lli <br />E ma il (this e ntry is dis c lo s a ble <br />if inc lude d)jkm ile1966@ co m cas t.ne t <br />C ity C o unc il Me e ting Da te Novem ber 19, 2024 <br />Me e ting Type Regular Meeting at 7 P M <br />Age nda Ite m Numbe r 8 <br />C o mme nts I have attached an analys is r egar ding por tfo lio managem ent which <br />was pr ovided to the City Co uncil via em ail. T he analys is was bas ed <br />o n 5/31/2024 data, the cur r ent po r tfolio s tatus is not s ignificantly <br />changed. My r ecom m endatio n involved liquidating the Feder al Agency <br />Is s ue s , cur r ently yielding .916 YTM, r einves ting in 5 yea r Feder al <br />Agency Is s ues with cur r ent Yie ld to Wor s t of 5.25%. The net yield, <br />taking into account capita l los s a nd cur r e nt pr ojected r e tur n at .916 <br />is $26,150,00. vs . $7,255,000. The r is k level is uncha nged s ince the <br />r eco mmended s ecur ities ar e the s a me Fede r a l Agencies B onds . <br />T his is o nly an example, in light of cur r ent budget is s ue s , a m or e <br />pr o active m anagement is r ecommended. <br />Uplo a d F ile (s )Y ield enhance me nt.docx