INVESTMENT PORTFOLIO SUMMARY REPORT ESCAMBIA

Transcription

1 INVESTMENT PORTFOLIO SUMMARY REPORT ESCAMBIA COUNTY BOARD OF COUNTY COMMISSIONERS INVESTMENT PORTFOLIO SUMMARY REPORT ############### Prepared by: Pam Childers Clerk of the Circuit Court & Comptroller First Judicial Circuit, Escambia County Prepared by the Clerk of the Circuit Court and Comptroller Page 1

2 INVESTMENT PORTFOLIO SUMMARY REPORT INVESTMENT PORTFOLIO COMPOSITION SHORT TERM AND LONG TERM CORE PORTFOLIO PERFORMANCE STATISTICS Market Value SUMMARY OF INVESTMENT ALLOCATION July 31, 2018 SHORT TERM PORTFOLIO: July 31, 2018 Bank Accounts 23,450,020 19,237,172 Market Value $269,391,667 $268,568,835 Money Market Accounts 39,009,222 39,047,115 Local Government Investment Pools* 76,428,482 79,173,348 Short Term Portfolio Yield: % Local Government Investment Pools** 70,365,558 70,592,726 Benchmark: S&P GIP Index 30 Day Gross of Fees Yield: 1.97% 2.01% Certificates of Deposit 60,138,386 60,518,473 Money Market Mutual Fund 943, ,190 Fiscal YTD Earnings: $2,131,804 $2,641,067 U.S. Treasury Bond/Notes 39,133,018 39,222,736 Federal Agency Bond/Note 27,469,170 25,816,511 Municipal Bonds 3,895,458 3,898,050 LONG TERM CORE PORTFOLIO: July 31, 2018 Corporate Notes 19,757,511 19,806,341 Market Value $91,199,016 $89,015,827 Total Portfolio Assets: $360,590,683 $357,584,661 CORE Portfolio Yield to Maturity at Market: 2.67% 2.63% Benchmark Merrill Lynch 1-5 Year U.S. Treasury Index: 2.71% 2.64% Current Month Earnings: $434,861 $618,784 CORE Portfolio Total Return: 0.07% 0.36% Benchmark Merrill Lynch 1-5 Year U.S. Treasury Index: -0.09% 0.43% Fiscal Year to Date Earnings: $3,363,019 $3,981,817 *FL PRIME, FLCLASS, FL-FIT Effective Duration (Years) **FL TRUST Benchmark Merrill Lynch 1-5 Year U.S. Treasury Index: Fiscal YTD Earnings: $1,231,216 $1,340,750 Prepared by the Clerk of the Circuit Court and Comptroller Page 2

3 INVESTMENT PORTFOLIO REPORT SHORT TERM INVESTMENT PORTFOLIO: PORTFOLIO COMPOSITION DISTRIBUTION & CREDIT QUALITY: Investment Type Bank of America Checking Account $ 19,237, % Money Market Accounts 39,047, Certificates of Deposit 60,518, Local Government Investment Pools* 79,173, Local Government Investment Pools** 70,592, % Bank Deposits 44.2% Short Term Portfolio Credit Quality AAAm 55.8% Total Short Term Portfolio Assets: *FL PRIME, FLCLASS, FL-FIT **FL TRUST LONG TERM INVESTMENT PORTFOLIO: $ 268,568, % Investment Type U.S. Treasury Bond / Note $ 39,222, % Federal Agency Bond / Note 25,816, % Municipal Obligations 3,898, % Corporate Note 19,806, % Money Market Mutual Fund - Federated Government 272, % Total Long Term Core Portfolio Assets: $ 89,015, % #VALUE! AA 6.41% AA 3.88% Long Term Core Portfolio Credit 0 Quality A+ 5.98% A A AAA 4.54% 3.36% 0.5 #VALUE! AA % Prepared by the Clerk of the Circuit Court and Comptroller Page 3

4 INVESTMENT POLICY COMPLIANCE REPORT Security Type United States Treasury Securities Federal Instrumentalities Local Government Investment Pools Certificates of Deposit Savings Accounts Corporate Notes State and/or Local Government Debt Bank Accounts - Bank of America Money Market Mutual Fund Total Investment Holdings $ Permitted by Policy In Compliance Individual Issuer Breakdown American Express Co American Honda Finance Bank Accounts - Bank of America BBVA Compass Centennial Bank Caterpillar INC Cisco Systems Inc. City of New York Coca-Cola Company Deere & Company Exxon Mobil Corporate Notes Fannie Mae Federal Home Loan Bank (FHLB) Fidelity Institutional Government MMF FLCLASS FL-FIT Florida Prime (SBA) Florida Local Government Investment Trust Freddie Mac Hancock Bank Home Depot Inc. Intel Corporation International Business Machines JP Morgan Chase Corporate Notes Microsoft Corporate Notes Mississippi State Oracle Corp Pepsico, Inc. Pfizer Inc Corporate Notes Proctor & Gamble Co 39,222, % 25,816, % 149,766, % 60,518, % 39,047, % 19,806, ,898, % 19,237, % 272, % 357,584, % , % 411, % 19,237, % 25,255, % 30,169, % 734,400 1,996, % 1,690, , % 1,160, % 996, % 8,183, % 13,287, % 272, % 5,133, % 14,654, % 59,385, % 70,592, % 4,345, % 12,961, % 462, % 974, % 972, % 984, % 490, % 752, , % 1,024, % 998, % 639,690 Permitted by Policy In Compliance Prepared by the Clerk of the Circuit Court and Comptroller Page 4

5 INVESTMENT POLICY COMPLIANCE REPORT Individual Issuer Breakdown Permitted by Policy In Compliance Servisfirst Bank State of Connecticut State Street Corporation The Walt Disney Corporation Toyota Motor Corp United Parcel Service Inc. United States Treasury Securities University of WA Taxable Revenue Bonds Visa Inc Wells Fargo &Company Corporate Notes 31,179, , , ,091 2,069, ,986 39,222, , , , % 0.3% 0.1% 0.6% 0.1% 11.0% 0.3% 1 Total Investment Holdings $ 357,584, % Prepared by the Clerk of the Circuit Court and Comptroller Page 5