Treasurer's Notes Treasury Report School District of Palm Beach County 3/3/207 Total Investment and Debt Portfolios total is $969 Millon. The total portfolio is currently composed of 46% securities, 24% money markets and LGIP's, and 30% cash. The Short Term Portfolio has $400 Million currently invested and has exceeded the benchmark. The Core Portfolio had a return of -0.27% as compared to the benchmark of -0.26%. The negative return was due to rising interest rates. The YTD Interest Earnings through March 207 was $.9 Million. Tax collections are at 90.8%, which is slightly more than this time last year which was 9.2%. 3/3/207 Annualized Quarter Interest Benchmark Rates Merrill Lynch -3 Year U.S. Treasury Note Index -0.26% Core PFM Portfolio -0.27% S&P Rated GIP Index Government 30 Day Yield 0.5% Wells Fargo Earnings Credit Rate 0.78% Wells Fargo Excess Cash 0.64% Florida Prime/SBA- Fund A.29% FEITF 0.94% TD Bank 0.30% Short Term PFM Portfolio 0.90% Report Contents Page - Quarter Summary Page 2 - Portfolio Summary Page 5 - Investment Listing
Percentage of Total Portfolio Treasury Report School District of Palm Beach County 3/3/207 Maturity March 3, 207 Overnight $ 52,42,92.09 53.76% 0 to 6 Months 50,000,000.00 5.47% 6-2 Months 202,095,374.40 20.85% -2 Years 64,430,000.00 6.65% 2-3 Years 3,75,000.00 3.27% 3-4 Years - 0.00% $ 969,383,286.49 00.00% Investment Portfolio Composition SBA-Fund A $ 32,833.72 FEITF LGIP 206,29,774.80 Wells Fargo 60,92,372.7 Wells Fargo- Schools 25,872,93.90 Bank of America 306,53.42 TD Bank 07,396,329.75 Securities (Core Portfolio) 46,45,000.00 Securities (Short Term Portfolio) $ 400,000,000.00 946,65,378.30 Debt Portfolio Composition Cash $,097,69.92 Money Markets 6,530,395.49 FEITF LGIP 3,494,58.38 Commercial Paper 2,095,374.40 $ 23,27,908.9 Portfolio Maturity Distribution 60% 53.76% 50% 40% 30% March 3, 207 20% 5.47% 20.85% 0% 0% Overnight 0 to 6 Months 6-2 Months -2 Years 3-4 Years 0.07 -
Treasury Report School District of Palm Beach County 3/3/207 Security Type March 3, 207 % of Portfolio Policy Limit U.S. Treasuries $ 268,000,000.00 27.65% 00.00% Federal Agencies 2,945,000.00 2.26% 50.00% Commercial Paper 52,095,374.40 5.69% 35.00% Certificates of Deposit - 0.00% 25.00% Bankers Acceptances - 0.00% 35.00% Repurchase Agreements - 0.00% 50.00% Municipal Obligations,000,000.00 0.0% 20.00% Corporate Notes/Bonds 5,200,000.00 0.54% 5.00% Corporate Notes/Bonds- FDIC Insured - 0.00% 5.00% Mortgage Backed - 0.00% 20.00% Money Markets 6,530,395.49.7% 75.00% Cash 294,865,389.70 30.42% 00.00% Local Government Investment Pools 209,747,26.90 2.64% 25.00% $ 969,383,286.49 00% Local Government Investment Pools, 2.64% U.S. Treasuries, 27.65% Federal Agencies, 2.26% Commercial Paper, 5.69% Cash, 30.42% Money Markets,.7% Corporate Notes/Bonds, 0.54% Municipal Obligations, 0.0%
Palm Beach Schools Duration Report Sorted by Investment Type - Investment Type Through 03/3/207 Palm Beach County School Distr 3300 Forest Hill Blvd Ste A-334 West Palm Beach, West Palm (56)434-842 Security ID Investment # Fund Issuer Investment Class Book SYS25008 2508 000-M State Board of Administration Amort 32,833.72 32,833.72 32,833.72.2700000 0.266 0.270 SYS762 762 000 FEITF Amort 206,29,774.80 206,29,774.80 206,29,774.80.000000 SYS7622 7622 000-BONY FEITF Amort 3,494,58.38 3,494,58.38 3,494,58.38.000000 SYS7625 7625 000-BONY Bank of New York Amort 6,530,395.49 6,530,395.49 6,530,395.49 00 98.630 0 SYS7642 7642 000-MMF Goldman Sachs Group Inc Amort 0.00 0.00 0.00.000000 SYS7643 7643 000-MMF Morgan Stanley Amort 0.00 0.00 0.00.000000 SYS0000 0000 000-B Banc of America Amort 306,53.42 306,53.42 306,53.42.2500000 0.247 0.250 SYS7586 7586 000-B Banc of America Amort 0.00 0.00 0.00.6000000 0.592 0.600 SYS7587 7587 000-B TD Bank Amort 07,396,329.75 07,396,329.75 07,396,329.75.000000 SYS7623 7623 000-BONY Bank of New York Amort,097,69.92,097,69.92,097,69.92.000000 SYS7769-7769 000-S Wells Fargo Amort 25,872,93.90 25,872,93.90 25,872,93.90.000000 SYS783 783 000-B Wells Fargo Amort 60,92,372.7 60,92,372.7 60,92,372.7.000000 SYS7663 7663 000-BONY FORTIS FDG LLC DISC COMM PAPTE Amort 2,095,374.40 2,095,374.40 2,095,374.40.000000 89236TCA 7760 000 Toyota Motor Credit Corp CP Fair,200,95.62,200,000.00,99,760.00.450000.332.477 0/2/208 0.770 037833AJ9 776 000 Apple Inc Fair,94,70.4,200,000.00,96,400.00.000000.396.279 05/03/208.074 66764AV2 7762 000 Chevron Corp Notes Fair,99,576.92,200,000.00,99,280.00.365000.385.43 03/02/208 0.909 459200HK0 7764 000 IBM Corp Global Notes Fair,99,968.0,200,000.00,99,400.00.250000.236.30 02/08/208 0.843 084664CE9 7793 000 Bershire Hathaway Fin Fair 299,944.79 300,000.00 300,50.00.450000.450.396 03/07/208 0.923 084670BX5 7820 000 Bershire Hathaway Fin Fair 99,99.77 00,000.00 99,500.00.50000.40.520 08/5/208.353 06366GRU5 7836 000-S Bank of Montreal Amort 49,958,430.85 50,000,000.00 49,965,000.00.20000.24 0.934 04/28/207 0.073 22533TTE6 7839 000-S CREDIT AGRICOLE NORTH AMERICA Amort 49,875,789.3 50,000,000.00 49,895,000.00.220000.227.024 06/4/207 0.202 09659BSX9 7840 000-S BNP paribas Finance Inc CP Amort 49,905,097.29 50,000,000.00 49,95,000.00.50000.56.022 05/3/207 0.64 335G0ZL0 7730 000 Federal National Mtg Assn Fair,059,40.06,060,000.00,060,38.00.000000.03 0.940 09/27/207 0.490 335G0J53 779 000 Federal National Mtg Assn Fair,28,78.90,220,000.00,22,070.00.000000.065.347 02/26/209.874 335G0ZL0 7800 000 Federal National Mtg Assn Fair,20,694.66,200,000.00,200,360.00.000000 0.699 0.940 09/27/207 0.490 330A8BD4 7805 000 Federal Home Loan Bank Fair,268,76.60,270,000.00,265,047.00.8750000 0.978.92 06/29/208.230 335G0J53 7806 000 Federal National Mtg Assn Fair 998,630.00,000,000.00 993,500.00.000000.058.347 02/26/209.874 330A8DB6 7807 000 Federal Home Loan Bank Fair,249,67.49,250,000.00,243,000.00.25000.23.382 06/2/209 2.79 337EADZ9 784 000 Federal Home Loan Mtg Corp Fair,93,666.24,900,000.00,890,880.00.25000 0.757.365 04/5/209.996 Portfolio INV AP Run Date: 05/6/207-4:46 Page DU (PRF_DU) 7.. Report Ver. 7.3.5 Par Market Rate YTM 360 Yield Maturity/ Call Date Modified Duration
Security ID Investment # Fund Issuer Palm Beach Schools Duration Report Sorted by Investment Type - Investment Type Through 03/3/207 Investment Class Book 337EAEB 785 000 Federal Home Loan Mtg Corp Fair,063,022.24,065,000.00,052,007.00.8750000 0.944.46 07/9/209 2.262 335G0N33 786 000 Federal National Mtg Assn Amort,068,600.20,070,000.00,056,090.00.8750000 0.99 3.52 08/02/209 2.273 330A8PK3 782 000 Federal Home Loan Bank Fair,994,962.53 2,000,000.00,984,800.00.6250000 0.802.94 08/07/208.337 330A9AE 7823 000 Federal Home Loan Bank Fair 2,498,784. 2,500,000.00 2,485,000.00.8750000 0.895.279 0/0/208.484 335G0P49 7824 000 Federal National Mtg Assn Fair 2,55,840.33 2,60,000.00 2,37,04.00.000000.067.450 08/28/209 2.366 330A9EP2 7833 000 Federal Home Loan Bank Fair 2,48,282.29 2,420,000.00 2,393,622.00.000000.05.448 09/26/209 2.443 330A9EP2 7834 000 Federal Home Loan Bank Fair,349,605.5,350,000.00,335,285.00.000000 0.998.448 09/26/209 2.443 335G0T29 7852 000 Federal National Mtg Assn Fair 479,702.9 480,000.00 478,848.00.500000.50.585 02/28/2020 2.830 92828UZ 7758 000 U.S. Treasury Fair,69,633.44,700,000.00,69,60.00.6250000.075.09 04/30/208.069 92828VQ0 7763 000 U.S. Treasury Fair,003,556.40,000,000.00,002,900.00.375000.087.56 07/3/208.36 92828RH5 7766 000 U.S. Treasury Fair 98,309.54 975,000.00 977,827.50.375000 0.923.79 09/30/208.478 92828WD8 7770 000 U.S. Treasury Fair 3,084,670.6 3,080,000.00 3,082,464.00.250000.36.99 0/3/208.552 92828A75 7773 000 U.S. Treasury Fair 2,72,722.75 2,700,000.00 2,72,690.00.500000.208.228 2/3/208.70 92828A75 7789 000 U.S. Treasury Fair 2,045,29.63 2,040,000.00 2,049,588.00.500000.330.228 2/3/208.75 92828SH4 7790 000 U.S. Treasury Fair 523,465.49 520,000.00 52,248.00.375000.006.248 02/28/209.880 92828WD8 7798 000 U.S. Treasury Fair,302,402.59,295,000.00,296,036.00.250000 0.87.99 0/3/208.552 92828G6 7835 000 U.S. Treasury Fair 3,63,526.0 3,60,000.00 3,65,372.00.500000.437.435 /30/209 2.590 92828TG5 784 000-S U.S. Treasury Fair 99,948,670.8 00,000,000.00 99,90,000.00.5000000 0.645 0.68 07/3/207 0.33 92828TM2 7842 000-S U.S. Treasury Fair 99,957,589.29 00,000,000.00 99,900,000.00.6250000 0.78 0.826 08/3/207 0.46 92828TS9 7843 000-S U.S. Treasury Fair 49,958,402.60 50,000,000.00 49,930,000.00.6250000 0.782 0.906 09/30/207 0.498 92828H52 7844 000 U.S. Treasury Fair,250,820.55,260,000.00,25,936.00.250000.493.482 0/3/2020 2.767 92828J50 7845 000 U.S. Treasury Fair 268,458.37 270,000.00 268,974.00.375000.555.509 02/29/2020 2.84 75992M 7799 000 Region Trans Auth tax GO BONDS Fair,000,000.00,000,000.00 996,800.00.250000.233.546 05/04/208.079 Par Market Rate YTM 360 Yield Maturity/ Call Date Modified Duration Report Total 969,003,385.72 969,383,286.49 968,752,702.99 2.26 0.206 Portfolio INV AP Run Date: 05/6/207-4:46 Page 2 DU (PRF_DU) 7.. Report Ver. 7.3.5
Palm Beach Schools Portfolio Management Portfolio Summary March 3, 207 Palm Beach County School Distr 3300 Forest Hill Blvd Ste A-334 West Palm Beach, West Palm (56)434-842 Investments Par Market Book % of Portfolio Term Days to Maturity YTM/C 360 Equiv. YTM/C 365 Equiv. State Board of Administration LGIP 32,833.72 32,833.72 32,833.72 0.00 0.266 0.270 Florida Education Inv Trust LGIP 209,74,293.8 209,74,293.8 209,74,293.8 2.64 Money Market Accounts 6,530,395.49 6,530,395.49 6,530,395.49.7 Bank Deposits 294,864,389.70 294,864,389.70 294,864,389.70 30.43 Commercial Paper- Discount 2,095,374.40 2,095,374.40 2,095,374.40 0.22 Corporate Notes 5,200,000.00 5,94,490.00 5,95,098.34 0.54 955 336.340.358 Commercial Paper 50,000,000.00 49,775,000.00 49,739,37.27 5.45 54 54.69.85 Federal Agency Coupon Securities 2,945,000.00 2,787,93.00 2,938,63.99 2.26 964 68 0.962 0.975 Treasury Coupon Securities 268,000,000.00 267,760,95.50 267,892,59.63 27.65 302 82 0.736 0.746 Municipal Bonds,000,000.00 996,800.00,000,000.00 0.0 730 398.233.250 Investments 969,382,286.49 968,75,702.99 969,002,385.72 00.00% 36 77 0.44 0.420 Cash and Accrued Interest Accrued Interest at Purchase Subtotal Total Cash and Investments 969,382,286.49 969,32,985.43 969,572,668.6 36 77 0.44 0.420 Total Earnings Year March 3 Month Ending 384,483.05 Average Daily Balance,009,368,792.43 Effective Rate of Return 0.45% Leanne Evans, Treasurer Reporting period 03/0/207-03/3/207 Portfolio INV AP Run Date: 05/6/207-3:5 PM (PRF_PM) 7.3.0 Report Ver. 7.3.5