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05 Attachment 1Town of Los Gatos Summary Investment Information December 31, 2020 Weighted Average YTM Portfolio Yield: 1.62%Weighted Average Maturity (days)579 This Month Last Month One year ago Portfolio Balance $61,118,129 $60,767,876 $63,890,429 Benchmarks/ References: Town's Average Yield 1.62%1.62%1.93% LAIF Yield for month 0.62%0.62%2.04% 3 mo. Treasury 0.09%0.08%1.55% 6 mo. Treasury 0.09%0.09%1.59% 2 yr. Treasury 0.12%0.15%1.57% 5 yr. Treasury (most recent)0.36%0.36%1.69% 10 Yr. Treasury 0.92%0.84%1.69% 0 -1 year 30% 1 -2 years 30% 2 -3 years 25% 3 -5 years15% Portfolio Maturity Profile Compliance:The Town's investments are in compliance with the Town's investment policy dated November 3, 2020 and also in compliance with the requirements of Section 53601 of the California State Code. Based on the information available,the Town has sufficient funds to meet the cash demands for the next six months. Page 1 ATTACHMENT 1 Town of Los Gatos Portfolio Allocation & Treasurer's Fund Balances December 31, 2020 Month YTD Fund Balances - Beginning of Month/Period $60,767,876.33 $72,729,892.43 Receipts 4,443,212.25 23,200,580.25Disbursements(4,092,959.13)(34,812,343.23) Fund Balances - End of Month/Period $61,118,129.45 $61,118,129.45 Portfolio Allocation:% of Portfolio Max. % 0r $ Allowed Per State Law or Policy BNY MM $609,987.61 1.07%20% of Town PortfolioUS Treasury Notes $7,723,416.42 13.51%No Max. on US Treasuries Government Agency Debenture Notes $23,022,651.75 40.27%No Max. on Non-Mortgage Backed Corporate Medium Term Bonds $14,578,812.51 25.50%30% of Town Portfolio Local Agency Investment Fund $11,233,653.52 19.65%$75 M per State Law Subtotal - Investments 57,168,521.81 100.00% Reconciled Demand Deposit Balances 3,949,607.64 Total Treasurer's Fund $61,118,129.45 BNY MM1.07%US Treasury Notes 13.51% Government Agency Debenture Notes40.27%Corporate Medium Term Bonds25.5% Local Agency Investment Fund19.7% Portfolio Investment Allocation 60000000 62000000 64000000 66000000 68000000 70000000 72000000 74000000 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Treasurer's Fund Balances page 2 Town of Los Gatos Non-Treasury Restricted Fund Balances December 31, 2020 DEC 20 DEC 20 DEC 20BeginningDepositsInterest/Ending Balance Realized Gain/Adj.Earnings Withdrawals Balance Non-Treasury Funds: ` Cert. of Participation 2002 Series A Reserve Fund 686,251.00$ 5.70$ -$ 686,256.70$ Note 1Cert. Of Participation 2010 Ser A Lease Pymt Fund 6.13 0.00 0.00 6.13$ Note 1Cert. of Participation 2002 Lease Payment Fund 35.41 0.00 0.00 35.41$ Note 1 Cert. of Participation 2010 Series Reserve Fund 1,298,120.67 10.75 1,298,131.42 Note 2 Total Restricted Funds:1,984,413.21$ $0.00 $16.45 $0.00 $1,984,429.66 CEPPT IRS Section 115 Trust 700,431.21 0.00 8,376.12 708,807.33 Grand Total COP's and CEPPT Trust 2,684,844.42$ -$ 8,392.57$ -$ 2,693,236.99$ These accounts are not part of the Treasurer's fund balances reported elsewhere in this report, as they are for separate and distinctentities. Note 1: The three original funds for the Certificates of Participation 2002 Series A consist of construction funds which will be expended over the next few years, reserve funds which will guarantee the payment of lease payments, and a third fund for the disbursement of lease payments and initial delivery costs. Note 2: The 2010 COP Funds are all for the Library construction, reserves to guarantee lease payments, and a lease payment fund for the life of the COP issue. The COI fund was closed in September 2010. Note 3: The CEPPT Section IRS Section 115 Trust was established as an irrevocable trust dedicated to accumulate resources to fund the Town's unfunded liabilities related to pension and other p Page 3 Town of Los Gatos Statement of Interest Earned December 31, 2020 Interest by Month July 2020 $78,263.77 August 2020 78,263.76 September 2020 75,077.38 October 2020 71,634.00 November 2020 62,226.39 December 2020 64,300.60 January 2021 February 2021 March 2021 April 2021 May 2021 June 2021 $429,765.90 Page 4 Town of Los Gatos Investment Schedule December 2020 Maturity Yield to Interest Interest Interest DaysDepositParOriginalMarketPurchasedDate or Maturity Received Earned Earned toInstitutionCUSIP #Security Date Value Cost Value Interest Call Date or Call to Date Prior Yrs.Current FY MaturityTreasury912828WR7US Treasury Note 4/2/2019 1,000,000.00 995,625.00 1,009,921.88 6/30/2021 2.33%37,099.45$ 28,917.32$ 11,694.04$ 181Toyota Motor Credit 89236TDP7 Corporate Bond 05/20/19 1,100,000.00 1,102,596.00 1,125,945.16 1/11/2022 2.50%32,651.67$ 30,798.33$ 13,923.57$ 376Toyota Motor Credit 89236TCZ6 Corporate Bond 3/13/2020 500,000.00 504,440.00 502,109.61 4/8/2021 1.06%5,409.72$ 1,599.24$ 2,699.63$ 98FFCB3133EKMX1Gov. Agency Debenture 8/2/2019 1,000,000.00 1,014,400.00 1,061,957.10 2/23/2024 1.90%29,175.83$ 17,466.66$ 9,651.25$ 1149FFCB3133EMBE1Gov. Agency Debenture 10/8/2020 1,600,000.00 1,598,000.00 1,596,217.89 146.66 3/28/2024 0.34%(146.66)$ -$ 1,237.25$ 1183FFCB3133EMCQ3Gov. Agency Debenture 10/16/2020 2,000,000.00 1,998,000.00 2,000,344.78 46.67 10/13/2024 0.31%(46.67)$ -$ 1,270.28$ 1382BankAmerica Corp 06051GHC6 Corporate Bond 10/9/2020 1,300,000.00 1,366,287.00 1,368,263.00 12/20/2023 0.66%1,731.27$ -$ 4,165.82$ 1084IBM 459200HG9 Corporate Bond 8/8/2019 1,000,000.00 995,010.00 1,027,705.72 8/1/2022 2.05%18,385.42$ 18,296.32$ 10,295.18$ 578Oracle68389XBL8Corporate Bond 7/8/2019 1,000,000.00 1,008,880.00 1,051,497.87 7/15/2023 2.18%28,466.67$ 21,374.17$ 10,985.61$ 926US Treasury 912828R28 US Treasury Note 7/2/2019 500,000.00 497,246.09 517,246.10 4/30/2023 1.77%10,796.54$ 8,819.78$ 4,458.35$ 850American Express 0258M0EB1 Corporate Bond 2/11/2020 1,000,000.00 1,007,210.00 1,005,102.95 4/4/2021 1.66%16,500.00$ 6,215.30$ 8,168.69$ 94Freddie Mac 3137EAEN5 Gov. Agency Debenture 7/19/2019 2,000,000.00 2,072,358.00 2,126,342.52 6/19/2023 1.79%77,916.67$ 34,741.74$ 18,422.13$ 900 FFCB 3133EKVF0 Gov. Agency Debenture 7/22/2019 1,000,000.00 999,630.00 1,034,672.66 1/17/2023 1.89%18,489.58$ 17,771.06$ 9,505.45$ 747Treasury912828L57US Treasury Note 7/22/2019 1,200,000.00 1,197,988.40 1,233,890.63 9/30/2022 2.09%25,016.39$ 20,385.25$ 10,903.74$ 638Freddie Mac 3137EADB2 Gov. Agency Debenture 1/17/2020 2,100,000.00 2,132,039.70 2,148,552.00 1/13/2022 2.12%24,383.34$ 15,274.50$ 17,033.38$ 378 US Treasury 912828Y20 Gov. Agency Debenture 1/31/2020 1,000,000.00 1,016,601.56 1,013,281.25 7/15/2021 1.47%11,971.16$ 6,138.62$ 7,480.17$ 196American Honda 02665WCZ2 Corporate Bond 11/27/2019 1,000,000.00 1,012,410.01 1,062,198.39 6/27/2024 2.12%24,733.34$ 12,601.45$ 10,734.57$ 1274JP Morgan Chase 46625HJE1 Gov. Agency Debenture 2/11/2020 900,000.00 934,587.00 946,538.96 9/23/2022 1.74%18,037.50$ 6,148.83$ 8,081.32$ 631Honeywell Int'l.438516BW5 Corporate Bond 11/20/2019 1,000,000.00 1,014,660.00 1,065,627.06 7/15/2024 1.64%16,483.33$ 12,127.88$ 10,006.86$ 1292Disney254687CK0Corporate Bond 3/4/2020 1,000,000.00 1,029,080.00 1,004,666.68 2/15/2021 1.39%20,125.00$ 4,687.49$ 7,309.30$ 46FNMA3135G0V75Gov. Agency Debenture 10/17/2019 1,100,000.00 1,105,833.30 1,158,202.90 7/2/2024 1.63%13,956.25$ 12,682.51$ 9,080.08$ 1279US Bancorp 91159HHV5 Corporate Bond 12/24/2019 1,000,000.00 1,049,040.00 1,088,633.13 1/5/2024 2.12%20,718.75$ 11,183.73$ 10,887.86$ 1100FFCB3133EKCS3Gov. Agency Debenture 3/21/2019 1,400,000.00 1,403,262.00 1,406,555.58 3/11/2021 2.43%52,558.33$ 43,563.60$ 17,164.25$ 70 FFCB 3133EKQA7 Gov. Agency Debenture 10/21/2019 1,000,000.00 1,019,780.00 1,065,751.87 9/10/2024 1.66%18,431.11$ 11,615.55$ 8,447.67$ 1349PNC Financial 693476BN2 Corporate Bond 8/15/2019 1,000,000.00 1,029,280.00 1,032,866.61 2/6/2022 2.12%35,108.33$ 18,589.78$ 10,689.13$ 402FHLB313379Q69Gov. Agency Debenture 7/22/2019 1,000,000.00 1,006,960.00 1,028,862.21 6/10/2022 1.87%29,395.83$ 17,755.82$ 9,497.30$ 526 FNMA 3135G0V59 Gov. Agency Debenture 11/27/2019 1,540,000.00 1,562,924.44 1,583,011.72 4/12/2022 1.61%30,318.75$ 14,793.93$ 12,602.23$ 467JP Morgan Chase 46625HJT8 Corporate Bond 9/23/2019 1,400,000.00 1,485,414.00 1,540,609.98 2/1/2024 2.39%46,413.89$ 26,688.85$ 17,475.98$ 1127American Honda 02665WDH1 Corporate Bond 2/14/2020 600,000.00 603,756.00 622,245.79 5/10/2023 1.75%10,595.00$ 3,955.80$ 5,312.90$ 860FHLB3130AABG2US Treasury Note 4/15/2019 1,000,000.00 988,250.00 1,015,959.81 11/29/2021 2.34%30,416.67$ 28,121.02$ 11,706.49$ 333FNMA3135G0Q89Gov. Agency Debenture 2/10/2020 1,000,000.00 998,702.00 1,009,541.20 10/7/2021 1.38%9,052.08$ 5,614.15$ 7,326.27$ 280FNMA3135G0J20Gov. Agency Debenture 2/10/2020 1,000,000.00 998,882.00 1,001,843.40 2/26/2021 1.48%7,486.11$ 5,724.31$ 7,470.02$ 57Treasury912828M80US Treasury Note 7/22/2019 1,000,000.00 1,006,175.23 1,035,820.31 11/30/2022 1.81%27,158.47$ 17,118.04$ 9,156.16$ 699Treasury912828U57US Treasury Note 7/31/2019 1,000,000.00 1,011,875.00 1,057,304.69 11/30/2023 1.84%28,333.33$ 16,990.40$ 9,332.04$ 1064Treasury912828X70US Treasury Note 12/30/2019 1,000,000.00 1,010,589.29 1,059,921.88 4/30/2024 1.75%18,703.30$ 9,805.98$ 9,859.56$ 1216Treasury912828XT2US Treasury Note 10/31/2019 1,000,000.00 1,015,667.41 1,061,250.00 5/31/2024 1.64%21,639.34$ 11,040.77$ 8,360.09$ 1247Wells Fargo 94988J6A0 Corporate Bond 6/24/2020 1,350,000.00 1,370,749.50 1,365,432.31 9/9/2021 0.80%5,357.48$ 163.99$ 5,028.96$ 252 FFCB 3133EJ3Q0 Gov. Agency Debenture 8/28/2019 1,500,000.00 1,587,503.75 1,616,413.07 12/21/2023 2.12%56,661.46$ 19,226.80$ 11,523.55$ 1085Freddie Mac 3133EKKT2 Gov. Agency Debenture 6/24/2019 1,550,000.00 1,573,188.00 1,617,239.85 2/8/2023 1.82%47,856.25$ 29,033.70$ 14,360.75$ 769 Subtotal 44,640,000.00$ 45,324,880.68$ 46,269,548.52$ 193.33$ 927,340.28$ 567,032.64$ 373,307.87$ BNY MM Money Market 609,987.61 609,987.61 0.00%1LAIFState Investment Pool 11,233,653.52 11,233,653.52 0.62%29,586.76 1 $57,168,521.81 $58,113,189.65 927,340.28$ 567,032.64$ 402,894.63$ Matured Assets FNMA 3133EHYM9 Gov. Agency Debenture 9/21/2017 1,300,000.00 1,295,866.00 9/14/2020 1.61%58,120.83$ 57,964.67$ 4,348.78$ FFCB 3133ELVV3 Gov. Agency Debenture 4/8/2020 1,600,000.00 1,600,000.00 10/8/2020 0.93%7,600.00$ 3,456.44$ 4,164.38$ FNMA 3136G0AW1 Gov. Agency Debenture 12/13/2017 2,000,000.00 2,017,900.00 10/16/2020 2.02%133,558.33$ 103,715.85$ 12,044.42$ BankAmerica Corp 06051GGS2 Corporate Bond 4/30/2020 1,300,000.00 1,302,314.00 10/1/2020 1.21%12,694.08$ 4,141.23$ 6,313.69$ Total Investments "Matured"26,871.27$ Total Interest FY 20_21 Matured and Current 429,765.90$ Maturity Profile Amount0-1 year $22,156,443.191-2 years $10,967,560.77 2-3 years $10,720,723.843-5 years 13,323,794.01$ $57,168,521.81 AmortizedInstitution Cost BNY Assets $45,324,880.68BNY MM 609,987.61LAIF11,233,653.52Totals:$57,168,521.81 Market to Cost Position Report Page 5 Town of Los Gatos Summary Investment Information November 30, 2020 Weighted Average YTM Portfolio Yield: 1.62%Weighted Average Maturity (days)605 This Month Last Month One year ago Portfolio Balance $60,767,876 $58,591,198 $62,538,890 Benchmarks/ References: Town's Average Yield 1.62%1.63%1.91% LAIF Yield for month 0.62%0.62%2.14% 3 mo. Treasury 0.08%0.09%2.33% 6 mo. Treasury 0.09%0.10%2.49% 2 yr. Treasury 0.15%0.16%2.87% 5 yr. Treasury (most recent)0.36%0.39%2.98% 10 Yr. Treasury 0.84%0.88%3.14% 0 -1 year 30% 1 -2 years 30% 2 -3 years 25% 3 -5 years 15% Portfolio Maturity Profile Compliance:The Town's investments are in compliance with the Town's investment policy dated November 3, 2020 and also in compliance with the requirements of Section 53601 of the California State Code. Based on the information available,the Town has sufficient funds to meet the cash demands for the next six months. Page 1 Town of Los Gatos Portfolio Allocation & Treasurer's Fund Balances November 30, 2020 Month YTD Fund Balances - Beginning of Month/Period $58,591,197.81 $72,729,892.43 Receipts 4,020,680.37 18,757,368.00 Disbursements (1,844,001.85)(30,719,384.10) Fund Balances - End of Month/Period $60,767,876.33 $60,767,876.33 Portfolio Allocation:% of Portfolio Max. % 0r $ Allowed Per State Law or Policy BNY MM $508,142.68 0.89%20% of Town Portfolio US Treasury Notes $7,723,416.42 13.53%No Max. on US Treasuries Government Agency Debenture Notes $23,022,651.75 40.34%No Max. on Non-Mortgage Backed Corporate Medium Term Bonds $14,578,812.51 25.55%30% of Town Portfolio Local Agency Investment Fund $11,233,653.52 19.69%$75 M per State Law Subtotal - Investments 57,066,676.88 100.00% Reconciled Demand Deposit Balances 3,701,199.45 Total Treasurer's Fund $60,767,876.33 BNY MM 0.89%US Treasury Notes 13.53% Government Agency Debenture Notes40.34%Corporate Medium Term Bonds 25.5% Local Agency Investment Fund 19.7% Portfolio Investment Allocation 60000000 62000000 64000000 66000000 68000000 70000000 72000000 74000000 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Treasurer's Fund Balances page 2 Town of Los Gatos Non-Treasury Restricted Fund Balances November 30, 2020 NOV 20 NOV 20 NOV 20 Beginning Deposits Interest/Ending Balance Realized Gain/Adj.Earnings Withdrawals Balance Non-Treasury Funds: ` Cert. of Participation 2002 Series A Reserve Fund 686,280.07$ 5.89$ 34.96$ 686,251.00$ Note 1 Cert. Of Participation 2010 Ser A Lease Pymt Fund 6.13 0.00 0.00 6.13$ Note 1 Cert. of Participation 2002 Lease Payment Fund 0.45 34.96 0.00 35.41$ Note 1 Cert. of Participation 2010 Series Reserve Fund 1,298,109.56 11.11 1,298,120.67 Note 2 Total Restricted Funds:1,984,396.21$ $34.96 $17.00 $34.96 $1,984,413.21 CEPPT IRS Section 115 Trust 676,490.54 0.00 23,940.67 700,431.21 Grand Total COP's and CEPPT Trust 2,660,886.75$ 34.96$ 23,957.67$ 34.96$ 2,684,844.42$ These accounts are not part of the Treasurer's fund balances reported elsewhere in this report, as they are for separate and distinct entities. Note 1: The three original funds for the Certificates of Participation 2002 Series A consist of construction funds which will be expended over the next few years, reserve funds which will guarantee the payment of lease payments, and a third fund for the disbursement of lease payments and initial delivery costs. Note 2: The 2010 COP Funds are all for the Library construction, reserves to guarantee lease payments, and a lease payment fund for the life of the COP issue. The COI fund was closed in September 2010. Note 3: The CEPPT Section IRS Section 115 Trust was established as an irrevocable trust dedicated to accumulate resources to fund the Town's unfunded liabilities related to pension and other po Page 3 Town of Los Gatos Statement of Interest Earned November 30, 2020 Interest by Month July 2020 $78,263.77 August 2020 78,263.76 September 2020 75,077.38 October 2020 71,634.00 November 2020 62,226.39 December 2020 January 2021 February 2021 March 2021 April 2021 May 2021 June 2021 $365,465.30 Page 4 Town of Los Gatos Investment Schedule November 2020 Maturity Yield to Interest Interest Interest Days Deposit Par Original Market Purchased Date or Maturity Received Earned Earned to Institution CUSIP #Security Date Value Cost Value Interest Call Date or Call to Date Prior Yrs.Current FY Maturity Treasury 912828WR7 US Treasury Note 4/2/2019 1,000,000.00 995,625.00 1,011,875.00 6/30/2021 2.33%26,474.45$ 28,917.32$ 9,723.85$ 212 Toyota Motor Credit 89236TDP7 Corporate Bond 05/20/19 1,100,000.00 1,102,596.00 1,127,599.00 1/11/2022 2.50%32,651.67$ 30,798.33$ 11,577.75$ 407 Toyota Motor Credit 89236TCZ6 Corporate Bond 3/13/2020 500,000.00 504,440.00 502,860.50 4/8/2021 1.06%5,409.72$ 1,599.24$ 2,244.80$ 129 FFCB 3133EKMX1 Gov. Agency Debenture 8/2/2019 1,000,000.00 1,014,400.00 1,063,663.51 2/23/2024 1.90%29,175.83$ 17,466.66$ 8,025.22$ 1180 FFCB 3133EMBE1 Gov. Agency Debenture 10/8/2020 1,600,000.00 1,598,000.00 1,595,356.80 146.66 3/28/2024 0.34%(146.66)$ -$ 780.65$ 1214FFCB3133EMCQ3Gov. Agency Debenture 10/16/2020 2,000,000.00 1,998,000.00 2,000,037.30 46.67 10/13/2024 0.31%(46.67)$ -$ 752.14$ 1413BankAmerica Corp 06051GHC6 Corporate Bond 10/9/2020 1,300,000.00 1,366,287.00 1,365,104.00 11,824.08 12/20/2023 0.66%(11,824.08)$ -$ 2,609.91$ 1115 IBM 459200HG9 Corporate Bond 8/8/2019 1,000,000.00 995,010.00 1,026,656.91 8/1/2022 2.05%18,385.42$ 18,296.32$ 8,560.66$ 609 Oracle 68389XBL8 Corporate Bond 7/8/2019 1,000,000.00 1,008,880.00 1,051,908.18 7/15/2023 2.18%28,466.67$ 21,374.17$ 9,134.77$ 957 US Treasury 912828R28 US Treasury Note 7/2/2019 500,000.00 497,246.09 517,617.19 4/30/2023 1.77%10,796.54$ 8,819.78$ 3,707.22$ 881 American Express 0258M0EB1 Corporate Bond 2/11/2020 1,000,000.00 1,007,210.00 1,006,966.87 4/4/2021 1.66%16,500.00$ 6,215.30$ 6,792.44$ 125 Freddie Mac 3137EAEN5 Gov. Agency Debenture 7/19/2019 2,000,000.00 2,072,358.00 2,128,782.88 6/19/2023 1.79%50,416.67$ 34,741.74$ 15,318.40$ 931 FFCB 3133EKVF0 Gov. Agency Debenture 7/22/2019 1,000,000.00 999,630.00 1,036,140.99 1/17/2023 1.89%18,489.58$ 17,771.06$ 7,903.99$ 778 Treasury 912828L57 US Treasury Note 7/22/2019 1,200,000.00 1,197,988.40 1,235,343.74 9/30/2022 2.09%25,016.39$ 20,385.25$ 9,066.70$ 669 Freddie Mac 3137EADB2 Gov. Agency Debenture 1/17/2020 2,100,000.00 2,132,039.70 2,152,877.24 1/13/2022 2.12%24,383.34$ 15,274.50$ 14,163.63$ 409 US Treasury 912828Y20 Gov. Agency Debenture 1/31/2020 1,000,000.00 1,016,601.56 1,015,820.31 7/15/2021 1.47%11,971.16$ 6,138.62$ 6,219.92$ 227 American Honda 02665WCZ2 Corporate Bond 11/27/2019 1,000,000.00 1,012,410.01 1,063,482.03 6/27/2024 2.12%24,733.34$ 12,601.45$ 8,926.03$ 1305 JP Morgan Chase 46625HJE1 Gov. Agency Debenture 2/11/2020 900,000.00 934,587.00 947,405.74 9/23/2022 1.74%18,037.50$ 6,148.83$ 6,719.80$ 662 Honeywell Int'l.438516BW5 Corporate Bond 11/20/2019 1,000,000.00 1,014,660.00 1,066,436.31 7/15/2024 1.64%16,483.33$ 12,127.88$ 8,320.92$ 1323 Disney 254687CK0 Corporate Bond 3/4/2020 1,000,000.00 1,029,080.00 1,008,436.83 2/15/2021 1.39%20,125.00$ 4,687.49$ 6,077.84$ 77 FNMA 3135G0V75 Gov. Agency Debenture 10/17/2019 1,100,000.00 1,105,833.30 1,157,666.53 7/2/2024 1.63%13,956.25$ 12,682.51$ 7,550.29$ 1310 US Bancorp 91159HHV5 Corporate Bond 12/24/2019 1,000,000.00 1,049,040.00 1,084,369.49 1/5/2024 2.12%20,718.75$ 11,183.73$ 9,053.49$ 1131 FFCB 3133EKCS3 Gov. Agency Debenture 3/21/2019 1,400,000.00 1,403,262.00 1,409,345.53 3/11/2021 2.43%52,558.33$ 43,563.60$ 14,272.44$ 101 FFCB 3133EKQA7 Gov. Agency Debenture 10/21/2019 1,000,000.00 1,019,780.00 1,066,935.10 9/10/2024 1.66%18,431.11$ 11,615.55$ 7,024.42$ 1380 PNC Financial 693476BN2 Corporate Bond 8/15/2019 1,000,000.00 1,029,280.00 1,034,626.29 2/6/2022 2.12%35,108.33$ 18,589.78$ 8,888.24$ 433 FHLB 313379Q69 Gov. Agency Debenture 7/22/2019 1,000,000.00 1,006,960.00 1,029,811.49 6/10/2022 1.87%18,770.83$ 17,755.82$ 7,897.21$ 557 FNMA 3135G0V59 Gov. Agency Debenture 11/27/2019 1,540,000.00 1,562,924.44 1,585,056.17 4/12/2022 1.61%30,318.75$ 14,793.93$ 10,479.03$ 498 JP Morgan Chase 46625HJT8 Corporate Bond 9/23/2019 1,400,000.00 1,485,414.00 1,542,295.12 2/1/2024 2.39%46,413.89$ 26,688.85$ 14,531.65$ 1158 American Honda 02665WDH1 Corporate Bond 2/14/2020 600,000.00 603,756.00 622,433.76 5/10/2023 1.75%10,595.00$ 3,955.80$ 4,417.79$ 891 FHLB 3130AABG2 US Treasury Note 4/15/2019 1,000,000.00 988,250.00 1,017,394.66 11/29/2021 2.34%30,416.67$ 28,121.02$ 9,734.20$ 364 FNMA 3135G0Q89 Gov. Agency Debenture 2/10/2020 1,000,000.00 998,702.00 1,010,730.00 10/7/2021 1.38%9,052.08$ 5,614.15$ 6,091.95$ 311 FNMA 3135G0J20 Gov. Agency Debenture 2/10/2020 1,000,000.00 998,882.00 1,003,028.00 2/26/2021 1.48%7,486.11$ 5,724.31$ 6,211.48$ 88 Treasury 912828M80 US Treasury Note 7/22/2019 1,000,000.00 1,006,175.23 1,036,757.81 11/30/2022 1.81%27,158.47$ 17,118.04$ 7,613.55$ 730 Treasury 912828U57 US Treasury Note 7/31/2019 1,000,000.00 1,011,875.00 1,058,085.94 11/30/2023 1.84%28,333.33$ 16,990.40$ 7,759.79$ 1095 Treasury 912828X70 US Treasury Note 12/30/2019 1,000,000.00 1,010,589.29 1,060,468.75 4/30/2024 1.75%18,703.30$ 9,805.98$ 8,198.44$ 1247 Treasury 912828XT2 US Treasury Note 10/31/2019 1,000,000.00 1,015,667.41 1,061,757.81 5/31/2024 1.64%21,639.34$ 11,040.77$ 6,951.59$ 1278 Wells Fargo 94988J6A0 Corporate Bond 6/24/2020 1,350,000.00 1,370,749.50 1,367,577.00 9/9/2021 0.80%5,357.48$ 163.99$ 4,181.69$ 283 FFCB 3133EJ3Q0 Gov. Agency Debenture 8/28/2019 1,500,000.00 1,587,503.75 1,620,323.93 12/21/2023 2.12%35,098.96$ 19,226.80$ 9,582.08$ 1116 Freddie Mac 3133EKKT2 Gov. Agency Debenture 6/24/2019 1,550,000.00 1,573,188.00 1,620,238.13 2/8/2023 1.82%47,856.25$ 29,033.70$ 11,941.28$ 800 Subtotal 44,640,000.00$ 45,324,880.68$ 46,313,272.84$ 12,017.41$ 843,472.43$ 567,032.64$ 309,007.27$ BNY MM Money Market 508,142.68 508,142.68 0.00%1 LAIF State Investment Pool 11,233,653.52 11,233,653.52 0.62%29,586.76 1 $57,066,676.88 $58,055,069.04 843,472.43$ 567,032.64$ 338,594.03$ Matured Assets FNMA 3133EHYM9 Gov. Agency Debenture 9/21/2017 1,300,000.00 1,295,866.00 9/14/2020 1.61%58,120.83$ 57,964.67$ 4,348.78$ FFCB 3133ELVV3 Gov. Agency Debenture 4/8/2020 1,600,000.00 1,600,000.00 10/8/2020 0.93%7,600.00$ 3,456.44$ 4,164.38$ FNMA 3136G0AW1 Gov. Agency Debenture 12/13/2017 2,000,000.00 2,017,900.00 10/16/2020 2.02%133,558.33$ 103,715.85$ 12,044.42$ BankAmerica Corp 06051GGS2 Corporate Bond 4/30/2020 1,300,000.00 1,302,314.00 10/1/2020 1.21%12,694.08$ 4,141.23$ 6,313.69$ Total Investments "Matured"26,871.27$ Total Interest FY 20_21 Matured and Current 365,465.30$ Maturity Profile Amount 0-1 year $22,054,598.26 1-2 years $9,961,385.54 2-3 years $8,773,108.32 3-5 years 16,277,584.76$ $57,066,676.88 Amortized Institution Cost BNY Assets $45,324,880.68 BNY MM 508,142.68 LAIF 11,233,653.52 Totals:$57,066,676.88 Market to Cost Position Report Page 5 Town of Los Gatos Summary Investment Information October 31, 2020 Weighted Average YTM Portfolio Yield: 1.63%Weighted Average Maturity (days)629 This Month Last Month One year ago Portfolio Balance $58,591,198 $59,981,525 $61,880,644 Benchmarks/ References: Town's Average Yield 1.63%1.63%1.96% LAIF Yield for month 0.62%0.69%2.19% 3 mo. Treasury 0.09%0.11%1.55% 6 mo. Treasury 0.10%0.10%1.56% 2 yr. Treasury 0.16%0.13%1.53% 5 yr. Treasury (most recent)0.39%0.28%1.55% 10 Yr. Treasury 0.88%0.69%1.52% 0 -1 year 30% 1 -2 years 30% 2 -3 years 25% 3 -5 years 15% Portfolio Maturity Profile Compliance:The Town's investments are in compliance with the Town's investment policy dated November 3, 2020 and also in compliance with the requirements of Section 53601 of the California State Code. Based on the information available,the Town has sufficient funds to meet the cash demands for the next six months. Page 1 Town of Los Gatos Portfolio Allocation & Treasurer's Fund Balances October 31, 2020 Month YTD Fund Balances - Beginning of Month/Period $59,981,524.66 $72,729,892.43 Receipts 2,910,961.68 14,736,687.63 Disbursements (4,301,288.53)(28,875,382.25) Fund Balances - End of Month/Period $58,591,197.81 $58,591,197.81 Portfolio Allocation:% of Portfolio Max. % 0r $ Allowed Per State Law or Policy BNY MM $436,970.58 0.77%20% of Town Portfolio US Treasury Notes $7,723,416.42 13.55%No Max. on US Treasuries Government Agency Debenture Notes $23,022,651.75 40.39%No Max. on Non-Mortgage Backed Corporate Medium Term Bonds $14,578,812.51 25.58%30% of Town Portfolio Local Agency Investment Fund $11,233,653.52 19.71%$75 M per State Law Subtotal - Investments 56,995,504.78 100.00% Reconciled Demand Deposit Balances 1,595,693.03 Total Treasurer's Fund $58,591,197.81 BNY MM 0.77%US Treasury Notes 13.55% Government Agency Debenture Notes40.39%Corporate Medium Term Bonds 25.6% Local Agency Investment Fund 19.7% Portfolio Investment Allocation 60000000 62000000 64000000 66000000 68000000 70000000 72000000 74000000 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Treasurer's Fund Balances page 2 Town of Los Gatos Non-Treasury Restricted Fund Balances October 31, 2020 OCT 20 OCT 20 OCT 20 Beginning Deposits Interest/Ending Balance Realized Gain/Adj.Earnings Withdrawals Balance Non-Treasury Funds: ` Cert. of Participation 2002 Series A Reserve Fund 686,274.37$ 5.70$ -$ 686,280.07$ Note 1 Cert. Of Participation 2010 Ser A Lease Pymt Fund 6.13 0.00 0.00 6.13$ Note 1 Cert. of Participation 2002 Lease Payment Fund 0.45 0.00 0.00 0.45$ Note 1 Cert. of Participation 2010 Series Reserve Fund 1,298,098.81 10.75 1,298,109.56 Note 2 Total Restricted Funds:1,984,379.76$ $0.00 $16.45 $0.00 $1,984,396.21 CEPPT IRS Section 115 Trust 682,844.62 0.00 (6,354.08)676,490.54 Grand Total COP's and CEPPT Trust 2,667,224.38$ -$ (6,337.63)$ -$ 2,660,886.75$ These accounts are not part of the Treasurer's fund balances reported elsewhere in this report, as they are for separate and distinct entities. Note 1: The three original funds for the Certificates of Participation 2002 Series A consist of construction funds which will be expended over the next few years, reserve funds which will guarantee the payment of lease payments, and a third fund for the disbursement of lease payments and initial delivery costs. Note 2: The 2010 COP Funds are all for the Library construction, reserves to guarantee lease payments, and a lease payment fund for the life of the COP issue. The COI fund was closed in September 2010. Note 3: The CEPPT Section IRS Section 115 Trust was established as an irrevocable trust dedicated to accumulate resources to fund the Town's unfunded liabilities related to pension and other po Page 3 Town of Los Gatos Statement of Interest Earned October 31, 2020 Interest by Month July 2020 $78,263.77 August 2020 78,263.76 September 2020 75,077.38 October 2020 71,634.00 November 2020 December 2020 January 2021 February 2021 March 2021 April 2021 May 2021 June 2021 $303,238.91 Page 4 Town of Los Gatos Investment Schedule October 2020 Maturity Yield to Interest Interest Interest Days Deposit Par Original Market Purchased Date or Maturity Received Earned Earned to Institution CUSIP #Security Date Value Cost Value Interest Call Date or Call to Date Prior Yrs.Current FY Maturity Treasury 912828WR7 US Treasury Note 4/2/2019 1,000,000.00 995,625.00 1,013,203.12 6/30/2021 2.33%26,474.45$ 28,917.32$ 7,817.21$ 242 Toyota Motor Credit 89236TDP7 Corporate Bond 05/20/19 1,100,000.00 1,102,596.00 1,128,792.75 1/11/2022 2.50%32,651.67$ 30,798.33$ 9,307.60$ 437 Toyota Motor Credit 89236TCZ6 Corporate Bond 3/13/2020 500,000.00 504,440.00 503,525.00 4/8/2021 1.06%5,409.72$ 1,599.24$ 1,804.64$ 159 FFCB 3133EKMX1 Gov. Agency Debenture 8/2/2019 1,000,000.00 1,014,400.00 1,064,387.91 2/23/2024 1.90%29,175.83$ 17,466.66$ 6,451.65$ 1210 FFCB 3133EMBE1 Gov. Agency Debenture 10/8/2020 1,600,000.00 1,598,000.00 1,595,648.75 146.66 3/28/2024 0.34%(146.66)$ -$ 338.77$ 1244FFCB3133EMCQ3Gov. Agency Debenture 10/16/2020 2,000,000.00 1,998,000.00 1,999,253.40 46.67 10/13/2024 0.31%(46.67)$ -$ 250.71$ 1443BankAmerica Corp 06051GHC6 Corporate Bond 10/9/2020 1,300,000.00 1,366,287.00 1,362,827.67 11,824.08 12/20/2023 0.66%(11,824.08)$ -$ 1,104.19$ 1145 IBM 459200HG9 Corporate Bond 8/8/2019 1,000,000.00 995,010.00 1,028,987.86 8/1/2022 2.05%18,385.42$ 18,296.32$ 6,882.10$ 639 Oracle 68389XBL8 Corporate Bond 7/8/2019 1,000,000.00 1,008,880.00 1,052,035.93 7/15/2023 2.18%28,466.67$ 21,374.17$ 7,343.64$ 987 US Treasury 912828R28 US Treasury Note 7/2/2019 500,000.00 497,246.09 518,066.41 4/30/2023 1.77%10,796.54$ 8,819.78$ 2,980.31$ 911 American Express 0258M0EB1 Corporate Bond 2/11/2020 1,000,000.00 1,007,210.00 1,008,326.43 4/4/2021 1.66%5,250.00$ 6,215.30$ 5,460.59$ 155 Freddie Mac 3137EAEN5 Gov. Agency Debenture 7/19/2019 2,000,000.00 2,072,358.00 2,132,223.58 6/19/2023 1.79%50,416.67$ 34,741.74$ 12,314.80$ 961 FFCB 3133EKVF0 Gov. Agency Debenture 7/22/2019 1,000,000.00 999,630.00 1,037,076.26 1/17/2023 1.89%18,489.58$ 17,771.06$ 6,354.19$ 808 Treasury 912828L57 US Treasury Note 7/22/2019 1,200,000.00 1,197,988.40 1,236,515.63 9/30/2022 2.09%25,016.39$ 20,385.25$ 7,288.91$ 699 Freddie Mac 3137EADB2 Gov. Agency Debenture 1/17/2020 2,100,000.00 2,132,039.70 2,155,598.07 1/13/2022 2.12%24,383.34$ 15,274.50$ 11,386.44$ 439 US Treasury 912828Y20 Gov. Agency Debenture 1/31/2020 1,000,000.00 1,016,601.56 1,017,460.94 7/15/2021 1.47%11,971.16$ 6,138.62$ 5,000.33$ 257 American Honda 02665WCZ2 Corporate Bond 11/27/2019 1,000,000.00 1,012,410.01 1,057,354.15 6/27/2024 2.12%24,733.34$ 12,601.45$ 7,175.82$ 1335 JP Morgan Chase 46625HJE1 Gov. Agency Debenture 2/11/2020 900,000.00 934,587.00 949,464.00 9/23/2022 1.74%18,037.50$ 6,148.83$ 5,402.19$ 692 Honeywell Int'l.438516BW5 Corporate Bond 11/20/2019 1,000,000.00 1,014,660.00 1,062,772.39 7/15/2024 1.64%16,483.33$ 12,127.88$ 6,689.37$ 1353 Disney 254687CK0 Corporate Bond 3/4/2020 1,000,000.00 1,029,080.00 1,011,910.00 2/15/2021 1.39%20,125.00$ 4,687.49$ 4,886.11$ 107 FNMA 3135G0V75 Gov. Agency Debenture 10/17/2019 1,100,000.00 1,105,833.30 1,159,254.46 7/2/2024 1.63%13,956.25$ 12,682.51$ 6,069.84$ 1340 US Bancorp 91159HHV5 Corporate Bond 12/24/2019 1,000,000.00 1,049,040.00 1,085,670.33 1/5/2024 2.12%20,718.75$ 11,183.73$ 7,278.30$ 1161 FFCB 3133EKCS3 Gov. Agency Debenture 3/21/2019 1,400,000.00 1,403,262.00 1,412,479.73 3/11/2021 2.43%52,558.33$ 43,563.60$ 11,473.93$ 131 FFCB 3133EKQA7 Gov. Agency Debenture 10/21/2019 1,000,000.00 1,019,780.00 1,067,308.50 9/10/2024 1.66%18,431.11$ 11,615.55$ 5,647.09$ 1410 PNC Financial 693476BN2 Corporate Bond 8/15/2019 1,000,000.00 1,029,280.00 1,036,967.29 2/6/2022 2.12%35,108.33$ 18,589.78$ 7,145.45$ 463 FHLB 313379Q69 Gov. Agency Debenture 7/22/2019 1,000,000.00 1,006,960.00 1,031,226.49 6/10/2022 1.87%18,770.83$ 17,755.82$ 6,348.74$ 587 FNMA 3135G0V59 Gov. Agency Debenture 11/27/2019 1,540,000.00 1,562,924.44 1,586,883.73 4/12/2022 1.61%30,318.75$ 14,793.93$ 8,424.32$ 528 JP Morgan Chase 46625HJT8 Corporate Bond 9/23/2019 1,400,000.00 1,485,414.00 1,545,503.08 2/1/2024 2.39%46,413.89$ 26,688.85$ 11,682.31$ 1188 American Honda 02665WDH1 Corporate Bond 2/14/2020 600,000.00 603,756.00 621,110.62 5/10/2023 1.75%4,745.00$ 3,955.80$ 3,551.56$ 921 FHLB 3130AABG2 US Treasury Note 4/15/2019 1,000,000.00 988,250.00 1,018,455.90 11/29/2021 2.34%21,041.67$ 28,121.02$ 7,825.53$ 394 FNMA 3135G0Q89 Gov. Agency Debenture 2/10/2020 1,000,000.00 998,702.00 1,011,465.32 10/7/2021 1.38%9,052.08$ 5,614.15$ 4,897.45$ 341 FNMA 3135G0J20 Gov. Agency Debenture 2/10/2020 1,000,000.00 998,882.00 1,003,988.08 2/26/2021 1.48%7,486.11$ 5,724.31$ 4,993.55$ 118 Treasury 912828M80 US Treasury Note 7/22/2019 1,000,000.00 1,006,175.23 1,038,125.00 11/30/2022 1.81%17,158.47$ 17,118.04$ 6,120.69$ 760 Treasury 912828U57 US Treasury Note 7/31/2019 1,000,000.00 1,011,875.00 1,059,062.50 11/30/2023 1.84%17,708.33$ 16,990.40$ 6,238.26$ 1125 Treasury 912828X70 US Treasury Note 12/30/2019 1,000,000.00 1,010,589.29 1,061,132.81 4/30/2024 1.75%18,703.30$ 9,805.98$ 6,590.90$ 1277 Treasury 912828XT2 US Treasury Note 10/31/2019 1,000,000.00 1,015,667.41 1,062,265.62 5/31/2024 1.64%11,639.34$ 11,040.77$ 5,588.54$ 1308 Wells Fargo 94988J6A0 Corporate Bond 6/24/2020 1,350,000.00 1,370,749.50 1,368,896.21 9/9/2021 0.80%5,357.48$ 163.99$ 3,361.75$ 313 FFCB 3133EJ3Q0 Gov. Agency Debenture 8/28/2019 1,500,000.00 1,587,503.75 1,622,403.63 12/21/2023 2.12%35,098.96$ 19,226.80$ 7,703.24$ 1146 Freddie Mac 3133EKKT2 Gov. Agency Debenture 6/24/2019 1,550,000.00 1,573,188.00 1,622,105.09 2/8/2023 1.82%47,856.25$ 29,033.70$ 9,599.85$ 830 Subtotal 44,640,000.00$ 45,324,880.68$ 46,349,734.64$ 12,017.41$ 786,372.43$ 567,032.64$ 246,780.88$ BNY MM Money Market 436,970.58 436,970.58 0.00%1 LAIF State Investment Pool 11,233,653.52 11,233,653.52 0.62%29,586.76 1 $56,995,504.78 $58,020,358.74 786,372.43$ 567,032.64$ 276,367.64$ Matured Assets FNMA 3133EHYM9 Gov. Agency Debenture 9/21/2017 1,300,000.00 1,295,866.00 9/14/2020 1.61%58,120.83$ 57,964.67$ 4,348.78$ FFCB 3133ELVV3 Gov. Agency Debenture 4/8/2020 1,600,000.00 1,600,000.00 10/8/2020 0.93%7,600.00$ 3,456.44$ 4,164.38$ FNMA 3136G0AW1 Gov. Agency Debenture 12/13/2017 2,000,000.00 2,017,900.00 10/16/2020 2.02%133,558.33$ 103,715.85$ 12,044.42$ BankAmerica Corp 06051GGS2 Corporate Bond 4/30/2020 1,300,000.00 1,302,314.00 10/1/2020 1.21%12,694.08$ 4,141.23$ 6,313.69$ Total Investments "Matured"26,871.27$ Total Interest FY 20_21 Matured and Current 303,238.91$ Maturity Profile Amount 0-1 year $20,995,176.16 1-2 years $10,949,635.54 2-3 years $7,761,233.32 3-5 years 17,289,459.76$ $56,995,504.78 Amortized Institution Cost BNY Assets $45,324,880.68 BNY MM 436,970.58 LAIF 11,233,653.52 Totals:$56,995,504.78 Market to Cost Position Report Page 5 Security Description Maturity Date Par/Shares Moody Rating S&P Rating Insight ESG Rating Environment Social Governance HONEYWELL INTERNATIONAL 2.3% 15AUG2024 (CALLABLE 15JUL24)8/15/2024 1,000,000$ A2 A 4 3 5 3 AMERICAN EXPRESS CREDIT 2.25% 05MAY2021 (CALLABLE 04APR21)5/5/2021 1,000,000$ A2 A-1 1 2 3 AMERICAN HONDA FINANCE 2.4% 27JUN2024 6/27/2024 1,000,000$ A3 A-3 1 4 3 ORACLE CORP 2.4% 15SEP2023 (CALLABLE 15JUL23)9/15/2023 1,000,000$ A3 A 3 1 3 4 TOYOTA MOTOR CREDIT CORP 2.6% 11JAN2022 1/11/2022 1,100,000$ A1 A+3 1 4 3 WALT DISNEY COMPANY/THE 4.5% 15FEB2021 2/15/2021 1,000,000$ A2 BBB+3 3 3 3 WELLS FARGO BANK NA 2.082% 09SEP2022 (CALLABLE 09SEP21)9/9/2022 1,350,000$ Aa2 A+4 1 4 5 TOYOTA MOTOR CREDIT CORP 1.9% 08APR2021 4/8/2021 500,000$ A1 A+3 1 4 3 JPMORGAN CHASE & CO 3.25% 23SEP2022 9/23/2022 900,000$ A2 A-3 1 3 5 US BANCORP 3.375% 05FEB2024 (CALLABLE 05JAN24)2/5/2024 1,000,000$ A1 A+3 1 4 3 PNC FINANCIAL SERVICES 3.3% 08MAR2022 (CALLABLE 06FEB22)3/8/2022 1,000,000$ A3 A-2 3 3 2 IBM CORP 1.875% 01AUG2022 8/1/2022 1,000,000$ A2 A 3 2 3 4 BANK OF AMERICA CORP 3.004% 20DEC2023 (CALLABLE 20DEC22)12/20/2023 1,300,000$ A2 A-3 1 4 4 JPMORGAN CHASE & CO 3.875% 01FEB2024 2/1/2024 1,400,000$ A2 A-3 1 3 5 AMERICAN HONDA FINANCE 1.95% 10MAY2023 5/10/2023 600,000$ A3 A-3 1 4 3 Total/Average 15,150,000$ 2.9 1.5 3.5 3.5 *ESG ratings are from 1 to 5, with 1 as the highest rating and 5 as the lowest. All ratings are weighted by industry rankings, based on the importance of the category within the individual industry. Town of Los Gatos Insight ESG Ratings as of December 31, 2020