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2022-09-06 CC Agenda Packet - PRESENTATION - ITEM G17 - Investment Portfolio ReportCITY OF ELSEGUNDO City of El Segundo Investment Portfolio Report June 2022 Certified By: City Treasurers Office CITY OF ELSEGUNDO Portfolio a $35,120,278 m bZi 0;•a!•00 $6,055,733 1+d0.000,000 $35,120,278 a nqf; m $6,OS5,733 29.39% 301�u� o 92 0.001, m1 i 1 3 0.00 0.00 rn v v Portfolio Summary As of June 2022 Portfolio Type / Security Type Security Type iAMIP- IPAP SR3.3G3,442 I ash bovernme ,r LAW i�. Medmrn Term Notes Munlopal ponds $9,488,523 $12,269,700 Negotiable rerti flcatres of Oeposrt $7,971,635 $6,233,931 L:..Traaaunes i $974,000 $41,363,442 34.62 % $8,121,S18 $6 4 $10,125,108 $12,432,567 — — $971,032 2&M 6.67 % 7.94% 5.22% 0.82% 2.35 1.59 0.00 on 2.98% 2.65% 1.14% O� 9' 1 i it 3 0.45% O. :0 G ,vernn, I Med-, ler,n Note:. 1.47 1.40 Q.% 2.98^,6 2.63% 2,27% MEN >f�•,�<<; el: r1� N• :able I-hf a' ,',f .i. !q —11 Investments by Security Type As of June 2022 U.S. Treasuries $974,000 Medium Term Not $9,488,523 ,sh i5,733 Security Type ■ CAMP -JPAP Cash Government LAIF Medium Term Notes Municipal Bonds Negotiable Certificates of Deposit U.S. Treasuries Reserve Portfolio Ladder by Quarter As of June 2022 $15 000,000 $14, 000, 000 $13 000, 000 S12.000,000 $11,000,000 i1O.000,000 .�9,000,000 v j 58,000,000 $7 000,000 $6,450,000 $6 000 000 $5000,000 $4715,000 $4,000,000 S3 000,000 $2,000,000 $1,735,000 51,000,000 $745,000 30 Q3 04 Total 01 $5,615,000 $2,201,000 $9,551,000 $1,245,000 $990,000 1 0 02 Q3 04 Total Q1 $6,960,000 $4,705,000 Quarter Q2 $14,390,000 Q3 04 Tota � I $1,480,000 1101 $490,000 Q2 03 Q4 Total Ql $4,990,000 $2,500,000 $2,000,000 Q2 Q Total $41,363,442 540, 000, 000 a35,000,000 $30,000,000 a 7.5, 000.000 m m Y Ol 1 A $20=0 000 '�15,000,000 Investments by Maturity Date As of June 2022 $35,120,278 $11,300,910 ��1G,Goo,GnG $8,466,561 $6,556,349 $6,055,733 55, 000, 000 ; $4,405, 255 $2,972,870 $1,500,200 $1,735,644 5G 1 0 Cash 30 Days 31 to 90 Days 91 to 180 Ys 181 to 365 Days 1 to 2 Years 2 to 3 Years i to 4 Years 4 to 5 Year, Portfolio As of June 2022 Portfolio7y.. SecurityT Issuer CUSIP Days to Maturity 1 Coupon 0,451,6 Par Value $6,05S,733 Market Value $6,055,733 Book Value 16,055,733 UnrealizedP/L _ _ _ $0 Liquidity Cash Bank Cash LAIF LAIF LAIF 1 0.99% $41,363,442 $41,363,442 $41,363,442 --$0 CAMP -JPAP CAMP -JPAP CAMP -JPAP 1 1.14% $35,120,278 $35,120,278 $35,120,278 $0 Reserve Gavernment F H L M C FEDERAL AGRIfATGCCIRF' FEDERAL FARM CREDIT FEDEPA.L HOME LOAN RKS TENNESSEL= VOLLEY AUTH 31337FAEN5 1 314228P07 3133EKSN7 3133EY.VE3 313GA1XJ2 3130ASE96 I` 313OASH77 BU,0591ER9 354 2.76% $1,000,000 $997,650 $1,017,080 ($19,430) 510 1.65% $500,000 $491,000 $499,884 ($8,884) 361 1.79% $1,000,000 $988,280 $998,607 19 1.85% $1,000,000 $1,000,150 $999,900 ($10,327) $250 715 2.89% $2,000,000 $1,992,820 $2,089,405 1,093 3.20% $1,000,000 $999,830 $990,123 729 3.56% $1,000,000 $1,004,150 $1,000,000 ($96,585) $9,707 $4,150 808 2.89% $500,000 $497,755 $526,520 ($28,765) Meclium Term Notes AMAZON COMI INC APPLE INC A.STRAZENECA FINA1,10E L BA,IK,OFAMEPICACOPP BEPKSHIREHATHA.WAYIN CI6NACORP CITIGROUP INC COCA COLA CO THE ESTEE LAUDER 1-O INC GOLDMAN SA.CHS GROUP I INTERCOfJTINENTAI EXCH JOHNSHOPI(INSHEALFH MEAD JOHNSON NUTRIT IO MOPGANSIANLEY ORACLE CORP STRYKEP COPP TOYOTA. P,4OTOP CREDIT C UNITED PARCEL SEPVICE UNITEDHEALTH GROUP IN WALMART STORE, INC 023135AJ5 0.378.33AK6 04636NAA1 06051GFX2 084670BR8 12SS2iAGS 172967KNO 191216CL2 29736P.ANO 38141GXJ8 45866FADG 17,1111AB3 582839AH9 51746L'DZ5 68389XBL8 °63667AH4 89236TCQ6 911312BT2 91324PDN9 931142DU4 152 2.50% $500,000 $500,070 $499,990 $80 307 2.41% $500,000 $497,110 $480,685 $16,42S 1,428 1.33% $500,000 $452,315 $501,040 ($48,725) 1,339 3.S9% $500,000 $487,125 $554,15S ($67,030) 258 2.75% $500,000 $499,945 _ $513,756 1,234 4.12% $500,000 $500,SSO $564,210 ($13,811) ($63,660) 1.401 3.S2% $500,000 $482,935 $550,71S ($67,780) 799 1,79% $500,000 $488,475 $493,86S ($5,390). 885 2.07% $S00,000 $484,095 $SO1,600 ($17,505) 1.006 3.57% $500,000 $490,12S $545,605 ($55,480) 1,250 3,79% $500,000 $494,960 $557,000 _ ($62,040) 319 2.79% $145,000 $143,728 $141,068 $2,661 1,234 4.08% $S00,000 $505,095 $56S,170 ($60,075) 1,307 3.93% $500,000 $492,425 $561,240 ($68,815) 442 2.44% $500,000 $492,165 $492,550 _ ($385) 1220 3.44% $500,000 $491,165 $548,175 ($57,010) 13 2.80% $500,000 $500,050 $490,620 $9,430 794 2.25% $500,000 $487,840 $504,105 ($16,26S) 1,264 3,71% $500,00D $498,685 $560,625 168 2.35% $500,000 $499,665 $498,935 ($61,940) $730 PAunicipal L'onds CONNECTICUT ST B COPdf•IECTICUT ST TXBL S GOODRICH MI AREA. SCH HOU STON' TX REF SER B LA OUINITA CA REDEV AG NEW YORK NY TXBL FISC ONTARIO CA IINTERNATIO ORE6 ON ST DEFT ADMINI TULSA CNITY OKLA INIDPT 20772JL7S 20772KGN3 382406PY6 442331.ST7 504208CL4 64966OCA6 683042AJ4 68607V F 4 7 899593MG9 32 I 655 305 I 610 63 763 1,050 641 702 2.77% 3.05% 2,73% 1.99% 2.92% 2.19% 2.94% 2,84% 2.63% $500,000 $1,000,000 $300,000 $1,000,000 $1,000,000 $1,000,000 $SOO,000 $500,000 $500,000 $500,340 $998,000 $299,091 $979,8S0 $1,000,950 $972,490 $492,620 $495,535 $495,055 $508,400 $1,064,850 $304,584 $1,006,410 $1,007,590 $1,003,750 $538,090 $510,125 $501,550 ($8,060) ($66,8SO) _ ($5,493) J ($26,560) ($6,640) ($31,260) ($4S,470) ($14,590) ($6,495) Negotiable Certificates of Deposit _ 1ST SECURITY BANK OF ABACUS FEDERAL SAVING ALLEGIA".NICEBNK-TEXAS ALMA EK ASTORIA NEW Y 3362Sf CP2 002S7TEP2 0174BDrIX4 0200POBI-0 761 2.05% $24S,000 $238,5S7 $245,000 ($6,444) 764 2.05% $245,000 $238,537 $245,000 ($6,463) 91 2.15% $245,000 $245,211 S245,000 _ $211 804 1.81% $245,000 $236,861 $245,000 ($8,139) Portfolio'Ty.. Security Type Issuer Reserve Negotiable Cectlficates of Deposit AMERICAIV ST BI< SIOUX BALL'OATHPIFTLI'd ASSIJ BANK MIDWEST SPIRIT L BANK OF NEW ENGLAND BANK< CITADEL FED CR UN EXT CWAMERCEBI<GENEVAMI COMMEPCIAL BI<HARROGA DENVEP SVGS BK IOWA. DISCOVEP EAI'JK EAGLE BANK ENCORE BK LITTLE POCK ENERBANK USA SALT LAK ENTERPRISE BANK PA FIPSTBK HIGHLAND PK FIRST FN!RS BK TP CONV FIRST NATIOI'•JAL BANI<0 FIRST PREMIER BANW FIRST ST BK BUXT011 ND GENOA BKG CO OHIO GRAND RIV BK GRANDVIL HORIZON B!< V/AVERLY NE INDUSTRIAL COML EK CH I<NOX TVA EPAf L CREDIT KS STATEBANK MANHATTA. LAFAYEI TE FEU CR UN R LIVE OAK BAI'dKING COMP MAINSTREET BANK MID fV10 BI< SPRINGPIELU MORGAN STA.NLEY BK N A. MORGANII STAP.ILEY PVT BI! NEIGHBOR; FCU BATON R PARK VIEW FCU HARRISO PLAINS ST BK TEX POPPY BK SAN FA. ROSA C Portfolio As of June 2022 CUSIP Days to Maturity v. �F 02972861cl 666 057GSLAY3 384 063615BP2 57 06426KBE7 693 06653LAJ9 260 17286TA60 973 20056QPZE 727 20143PDX5 349 249398BT4 356 Coupon Par Value Market Value 2.53% $245,000 $241,871 2.07% $245,000 $242,873 3.040% $245,000 $245,483 2.68% $245,000 $242,278 0.91% $245,000 $242,462 1.73% $245,000 $234,323 2.34% $245,000 $240,313 2,46% $245,000 $244,218 2.26% $24S,000 $243,653 Book Value Unrealized P/L $245,000 ($3,129) $245,000 $245,000 ($2,127) $483 $245,000 ($2,722) $24S,000 ($2,538) $245,000 $24.5,000 ($10,677) T ($4,687) $245,000 ($782) $245,000 ($1,348) 2546726Y9 33 2.30% $245,000 $245,130 $245,000 $130 27002YFJ1 110 2.54% $245,000 $245,502 $245,000 $502 29260MA?0. 410 2.02% $245,000 $242,518 $245,000 ($2,482) 29273TMN7 510 1.83% $245,000 $240,864 $245,000 ($4,1336) 29367RKT2 686 2:63% $245,000 $242,119 $245,000 ($2,881) 319141JC2 124 2.15% $245,000 $245,196 $245,000 $1c 320165JKO 797 551 1.81% 1.79% $245,000 $245,000 $236,940 $240,181 $245,000 $245,000 ($B4O61) ($4,819) 321121JDMO 33610RRF2 77 2.00% $245,000 $245,098 $245,000 $98 33648RAZ2 432 372343C19 762 38644ABP3 764 44042TBQ6 425 45581EA.X9 365 499724AD4 426 5011GCBF5 321 50625LAE3 454 533036GU2 881 .5606.SGA63 666 59S4111EV8 748 61690UPF1 883 61760AYR4 6S1 64017AAM6 1 45S 70037TAA3 68 726547BK7 722 73319PAF6 992 PREFEPRED PANK LA CAL 740367HP5 778 RAYMIOND JAMES RANK f•IA 75472RAU5 914 RIA FED CR !.JN 749622ALO 544 RIVERBANK POCAHONTAS 76857AAE7 354 j SPRIhdG BK BRONX, N Y 849430AS2 70 STOLLE BK MTN VIEW ARK 86153RAV1 277 UPS BANK USA 90348JCP9 334 ULTIMA EK MINN WINGER. 90385LCR6 UPPER PENNISUA STATE 9IG30PASO 90 911 1.68% $245,000 $241,323 2.00% $245,000 $238,299 2.05% $245,000 $238,537 1.71% $231,000 $228,997 3.29% $24S,000 1246,054 3.24% $245,000 $245,877 231% $200,000 $199,382 3.29% $24S,000 $245,982 1.92% $24S,000 $236,S60 2.63% $245,000 $242,303 1.95% $245,000 $238,196 2.01% $245,000 $237,128 2.82% $245,000 1243,285 3.29% $245,000 $245,970 1.80% $245,000 $245,000 2.34% $245,000 $240,372 1.17% $245,000 $230,572 2.06% $245,000 $238,400 1.92% $245,000 $236,190 2.52% $245,000 $242,940 2.36% $245,000 $243,917 2.00%. $245,000 $245,093 3.08% $245,000 $246,203 3.14% $245,000 $245,960 3.09% $245,D00 $245,777 1.82% $245,000 $235,646 $245,000 ($3,677) $245,000 ($6,701) $245,000 ($6,463) $227,867 $1,136 $24S,000 $1,0S4 $245,000 $199,700 $677 ($318) $245,000 $245,000 $24S,000 $982 ($8,440) ($2.697) $245,000 ($6,804) $245,000 ($7,872) $245,000 ($1,715) $24S,000 $245,000 $970 $0 $245,000 $245,000 $245,000 $245,000 ($4,628) ($14,428) ($6,600) _ ($8,810) $245,000 ($2,060) $245,000) ($1,083) $245,000 $245,000 _ _ $93 $1,203 $245,000 $245,000 $960 $777 $245,000 ($9,3S4) Portfol io Ty.. 58i-urity Type Issuer Reserve Negotiable Certificates of Deposit WASHINGTOI',IFEDERAL WELLS FARGO BANK NA I I_1.. TI'Fasl Irl Ps WELLS FARGO NA.TLBK W U S TREASURY BILI Portfolio As of June 2022 CUSIP I Days to MaturEty Coupon Par Value Market Value Book Value 938828BJ8 "i 949763B96 949495AF-2 912796XSB 78S 2.11% $245,000 $2—,b8b $245,000 694 2.68% $24S,000 $242,268 $245,000 183 1.85% $245,000 $244,696 $245,000 3s0 2.98% $1,000,000 $974,000 $971,032 Unrealized PA is&,414= ($2,732) (53[4)_ $2,968 CITY OF ELSEGUNDO Transactions Transactions Prior 3 Months as of June 2022 Year of Transaction Date Month of Transaction Date Day of Transactioi 2022 June 16 27 28 Category $1,000,000 NTEPEST S500,000 MATURED Interest Received As of June 2022 Transaction Date Category 2022 INTEREST Grand Total Q1 Q2 MATURED 03 $1,209,596 PURCHASED $139,674 117,918 $167,927 $4 $99,046 $100,675 $110,991 $107,714 $86,087 $41,387 $82,929 $ $108,038 so $11,150,000 S10,000,000 55, U00, 000 $1,745,$2,225,000 $2,280,000 000 $990,000 $745,000 $995,000 _M $245,000 L4"'00 $50 $49 $24 � $44 5',0 _ 0 (�,1,000,000) PURCHASED ($2,000,000) C63,000,0001 ($2,961,154) ($2,961,154) July August September October November December January February Burch April May June Total CITY OF ELSEGUNDO Compliance Asset Class Compliance As of June 2022 Security Type In Compliance? Max Weight Weight 5.07% Par Value $6,055,733 Book Value $6,055,733 Market Value $6,055,733 Cash Y 1000% LAIF Y 1000/0 34.62% $41,363,442 $41,363,442 $41,363,442 CAMP-JPAP Y 30% 29.39% $35,120,278 $35,120,278 $35,120,278 Government Y 1000/0 6.67% $8,000,000 $8,121,518 $7,971,635 Medium Term Notes Y 150/0 7.94% $9,645,000 $10,125,108 $9,488,523 Municipal Bonds Y 1011/0 5.22% $6,300,000 $6,445,349 $6,233,931 Negotiable Certificates of Deposit Y 300% 10.27% $12,436,000 $12,432,567 $12,269,700 U.S. Treasuries Y 100% 0.82% $1,000,000 $971,032 $974,000 Totals 100.00% $119,920,453 $120,635,027 $119,477,242 Rating Compliance As of June 2022 5¢CuMyType Issuer CUSIP S&P Rating 'Wady Medium Term Notes AMAZOI'J COM INC 02313SAJ.S AA Maximum %of Portfolio 3.000% APPLEINC 037833A.K6 AA+ AAA Y _ $497,110 0.42% _ 3.00% In Y Market Value Weight $500,070 0.42% ASTRAZENECA FINANCE L 0463GNAA.1 A- A y $452,315 0.38% 3.00% BANV. OF AMERICA CORP 06051GFX2 A.- A2 Y $487,125 0.41% 3.00% BERI<SHIRE IATHAWAY IN 084670BR3 AA AA2 Y $499,945 0.42'0 3.00%I CIGNA COPP 125523AG5 A- BAA1 Y $500,550 0.42% 3.00% CITIGROUP INC 1729671KN0 BBB+ A2 Y .• $482,935 0,40% 3.00% COCA COLA CO THE 191216CL2 A+ Al Y $488,475 0.41% 3.000/o ESTEE LAUDEP CO INC A+ Al Y $484,095 0.41% 3.00% GOLDMAN SACH S GROUP I 33141GXJ8 BBB+ A2 Y 1 $490,125 0.41% 3.00/ INTERC01'JTINENTAL EXCH 4SE661-AD6 A- A3 V $494,960 0,41% 3.00% JOHNS HOPKINS HEALTH 478111AB3 AA- AA2 Y $143,728 0.12% 3.00% MEAD JOHNSON NUTRITIO 5823394H9 A: A.3 Y $505,095 0.42% 3.000% MORGAN STANLEY 61746BDZ6 A- Al Y $492,425 0.41% 3.00% ORACLE COPP 6S339XBL8 BBB BAA2 Y $492,165 0.41% 3.001/. STRYKEP COPP 8G3667AH4 BBB+ 5AA1 Y $491,165 0.41% 3.00% TOYOTA. MOTOR CREDIT C 89236TC06 A, Al `/ $500,050 0.42% 3.000.E UNITED PARCEL SERVICE 911312BT2 A• A2 Y $487,840 0.41% 3.001% IJNITEDHEALTHGPOUPIN 9.1324PDN9 A+ A3 Y $498,685 0.42% 3.00% WAL MAPT STORES INC 9311421JU4 AA AA2 Y $499,665 0.42% 3.00% Municipal Bonds CONNECTICIUTSTB 20772JL75 Ai AA3 Y $500,340 0,42% 5.00% CONNECTICUTSTTXBLS 20772KGPJ3 A+ AA3 Y $998,000 0.84% 5.00% GOODRICH MI AREA SCH 382406PYG AA N/A Y $299,091 0.25% 5.00% HOUSTOIV TX FEE SEP, B 442331ST7 AA. AA3 Y $979,850 0.82% T 5.00% LP, QIJIPJTA CA REDEV AG 504206CL4 AA- N/A Y $1,000,950 0.84�o 5.00% NEW YORK NY TXBL FISC ONTARIO CA INTERNATIO 64966OCA6 683042AJ4 AA AA AA2 N/A Y V I $972,490 $492,620 0.81% 0.41% 5.00% S.00% OREGDN ST DEPT ADMINI 62607VT47 AAA AA2 y $495,535 0.41% 5.00% TULSA CNTY OKLA INDPT 899S93MG9 N/A AA2 Y $495,05S 0,41% 5.00% U.S. Treasuries U S TREASURY B ILL 912796Y.53 N/A N/A Y $974,000 0.82% 3.00% CITY OF ELSEGUNDO LAIF LAI F Apportionment Rates As of June 2022 1979 1984 1989 1994 1999 2009 2014 Date 2024 2.S 2.0 1.5 v 1.0 O.S 0.0 350 300 250 200 a rn 1SO a 100 Jun 1. 19 Sep 1, 19 Dec 1. 19 Mar 1, 20 LAI F Diagnostics As of June 2022 Jun 1, 20 Sep 1, 20 Dec 1, 20 Mar 1, 21 Jun 1 21 Sep 1, 21 Dec 1, 21 Mmr 1, 22 Jun 1, 22 Date (Daily Rates) Measure Names Average Maturity Daily Quarter to Date CITY OF ELSEGUNDO City Cash Flows $17,000,000 116,000,000 $15,000,000 114,000,000 $13, 000, 000 $12,000,000 $11,000,000 110,OOO,DOO m $9,Dfi0,000 m .$8, 000, 000 ?,7,000,000 $6,D00,000 $5,000,000 $4,000,000 $3 000,000 S2 000.000 $1,000,000 $0 Rolling 1-3-Month Cash Flow Analysis As of June 2022 $16,673,956 ,436 $5,160,915 June 2021 August2021 October 2021 Decernber 2021 Febt uary 2022 ApH 2022 June2022 Month of Date Measure Names 01 Credits E Debits $10,000,000 $8,000.000 $6,000,000 $4,000,000 $2,000,000 $0 ($2,000,000) u ($2,468,81 ($4,000,000) (16,000,000) (2e,00o,000) ($7,520,1 ($10,000,000) ($12 000,000) ($14 000,000) ($15,000,000) ($15,333,461) July Net Change in Cash by Year As of June 2022 $9,692,177 August September October November December January February March ApFrl May Month June 744 i91) Years This Year Last Year Two Years Ago $5,3�2�299,,5�44 11 1 $2,952, 653 $3 Z ($3,489,461) Historic Drawdowns As of June 2022 $16,979,291 $15,585,731 A6,35: ($4,483,630) lyv,icu,�iy� ($9,659,128) ($9,780,664) ($15,333,461) 1. 1 Date Measure Names $21,769,866 Del to Cash iRolling 12-Month C nmulative Urawdown $10,784,666 $6,802,738 35,765,409 Sa.851'I 1759,255 ($10,751,520) CITY OF ELSEGUND4 Economic Environment 3.00% 2.80% 2.6096 2 4095 2.2096 2,0096 1.80°.6 y 1.60�6 1,40 % 1,209'0 1.0096 0,8096 0 5096 0,4096 0.20% 0.0090 U.S. Treasury Yield Curve As of June 2022 0.6596 0.62% 0.31% 0.19% 0.0996 0.10% 0.06% 0.OS% o,a2�a 1 Month 2 Month 3 Month 6 Month _ ___.0.20% 1 Year 2.72% 0.53% 2.69% 2-95% • 1,8396 r 1.68% 1.18% 0.84% 0.809 L3% 296 .5% 3 Year 5 Ycar Month June 2021 September 2021 December 2021 March 2022 June 2022 twffkm 2.S0'?6 2.00'. N 1,50°6 1 00°8 0.S 0.89% 0 SML 0.40% 0.27% . 0AO°o U.S. Treasury Maturity Through Time As of June 2022 1.80% L76% Yl 1.65% 1.50% r 1.41% 1.1UY0 0 97% 1.00. 11 0.99% j. f 3.09% 3.07% 3.1 2.94% 290?6F Y 2012 2014 2013 Date Measure Names 3.60% 1 Month 3.56% 3.5695 2 Month 3.45% j�3Month 3-40% 3.35% 6 Month 3.25% 11.21% � 1 Year 3.15% 2 Year 3 10% 06% 3.91% 3 Year 36% 5 Year 3, S 2 a v 20 1.5 1.0 0.; 0.0 -0.5 -1.0 10-Year Minus 3-Month Treasury Yield Spread As of June 2022 1984 ,a 1589 1994 1999 2004 2009 Date 2014 2019 2u2_-1 ls.00°n 14.00% 13-009'0 12.00°6 11.00'. 10.00% 9.00% 8.00°:n 7.00?E w 6_00% 5,00°0 4.0048 3.G0% 2,00°.6 1.0090 0.00% 1 .0045 -2.009''6 Unemployment vs Inflation As of June 2022 2002 2004 20D5 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 201F 2017 2018 2019 2020 2021 2022 2023 Date Measure Names Inflation Pct Unemployment Pct 3. 25 2.0 1s 5-Year Breakeven Inflation Prediction As of June 2022 2003 2004 2005 2006 ., 2009 2010 2611 2012 2013 2014 2015 2016 2017 2013 2019 2020 2021 Date CITY OF ELSEGUNDO I certify that this report accurately reflects all pooled investments and it is in conformity with the investment policy as approved by the City Council on 6/1 /18. A copy of this policy is available in the office of the City Clerk. The investment program herein shown provides sufficient cash flow liquidity to meet the next six months estimated expenditures. Sources for the valuations are as follows: Federal Agency Issues, Treasury Securities and Miscellaneous Securities: Union Bank, the custodial agent for the City of El Segundo. Detailed information on all purchase and sale transactions follows the Investment Portfolio Details section. Matthew Robinson, City Treasurer Date