HomeMy WebLinkAboutTreasurers Investment Report & FYE FMV Report Sweeney, Kathleen
From: Lam, Lisa
Sent: Friday, July 17, 2015 2:58 PM
To: Liu, Annie; Gullickson, Caroll; Childs, Heather; Christy Patterson, Butte County Schools JPA;
Worsham, Colette; Houser, David; Heather Naylor, Gridley Unified School District; Cook,
Holly; Sweeney, Kathleen; Kevin Bultema, Chico Unified School District; Honea, Kory; Lisa
Anderson, TOC Member (BCOE rep); Lam, Lisa; Mark Milburn, TOC Member; Jessee,
Meegan; M'ija Osbori Executive Assistant to the Butte County Superintendent of
Schools- Ramsey, Mike- Moak, Peggy; Bennett, Robin; Hubbard, Sheryl; Connelly, Bill; Kirk,
Maureen; Lambert, Steve; Teeter, Doug; Wahl, Larry; Akins, Susan; Peterson, Susan-,'Susan
Watts, TOC Member (OUHSD rep); Borzage, Susie; Tad Alexander, Asst Superintendent of
Admin Svcs, BCOE; Tim Taylor, Butte County Superintendent of Schools; Blerin, Tina-, Trevor
Stewart, Butte-Glenn Community College; Bangor Cemetery District-Theresa Phillips,
Trustee; BCMAD; BCOE, Adrian Barron-, BCOE, Triny Perales; Butte Co Resource
Conservation- Butte Co Resource Conservation-, Butte County Resource Conservation District,-
Butte Creek Drainage, Drainage District#2; Buzztail CSD-,, CARD, Ii Radcliffe; CARD-
Olivia Wilson; Cheryl Smith, District Manager, Oroville Cemetary District-, Christy Patterson,
Executive Director, Butte Schools Self-Funded Programs; Quigley, Cindy; Drainage District#
1: Drainage District#100; Drainage District#200-1 Durham Mosquito; Durham Mosquito,-
Durham Recreation & Park; Durham Recreation & Park- Dwayne Long, Lake Oroviiie Area
Public Utility District; El Medio Fire; El Medio Fire- Feather River Rec& Park District, Apryl
Ramage; Feather River Rec& Park District, Deborah Peltzer, Business Manager; Gridley-
Biggs Cemetery- Broderson, Jill; Kimshew Cemetery- Oroville Mosquido; Oroville Mosquito;
Paradise Cemetery; Pine Creek Cemetery; Richardson Springs Comm Svcs District; Richvale
Sanitary; Rochelle Ravert, Bookkeeper, Western Canal Water District(Butte Creek Drainage
District); Rock Creek Reclamation; Sacramento River Reclamation-, Sacramento River
Reclamation; Wheeler, Aprii; Upham Cemetery
Subject: June 30, 2015 Investment Report& Transaction Reporting including FYE RMV Report
Attachments: June 30, 2015 Treasurer's Investment Report including FYE FMV Report.pdf; Transaction
Reporting June 30, 2015.pdf
Hello again!
Please see attached REVISED Treasurer's Investment Report and Transaction Reporting for the month ending June 30,
2015 which includes the FYE FIVIV Report.
Thanks!
�LISA LAM
AssiSTANT TREASURER-TAx COLLECTOR
y
Treasurer-Tax Collector's Department
25 County Center Drive, Suite 125, Greville, CA 95965
Direct: 530,535.75391 Main Line: 530.538.7576
www.buttecour:"i!ty�net/ttc
a--- _-
COUNTY OF BUTTE E - MAIL DISCLAIMER:
This a-mad and any attachment thereto may contain private,confidentiall and privileged material for the sole use of the intended recipient.Any review,copying air distribution of this
a-mail(or any attachments thereto)by other than the County of Butte or the intended recipient is strictly prohibited.If you are NOT the intended recipient,please contact the sender
immediately and permanently delete the original and any copies of this a-mail and any attachments thereto.
r a u r�r Tax C'o'llector p'ecggy Moak, Treasurer-Tax Collector
25 County Center Drive, Suite 125 T: 530,S38.7701
Orovilie, California 95965-3384 F. 530,538.7648
TREASURER-TAX COLLECTOR
July 15, 2015
Butte County ward of Supervisors
Butte County Chief Administrative Officer
The attached statements showing investment transactions for the month ending June 3'0, 2015
are submitted in accordance with Government Code, and with Local Agency Investment
Guidelines as recently revised by the California Debt and Investment Advisory Commission.
The Investment Policy effective July 1„ 2015 includes a provision for monthly reporting of
investment transactions to the Board of Supervisors.
In addition to the above, Investment Reports will continue to be submitted on a monthly basis
going forward. As has been our practice, Quarterly Investment Reports are also made available
on the Treasurer-Tax Collector website at ItI :// w,Luttepgnt .ruet� g.
If you have any question's regarding recent changes to investment reporting, please feel free to
contact me, or Lisa Lam, at 533-7539.
Yours truly,
Jk.. "
Peggy cloak
Butte County Treasurer-Tax Collector
Monthly Investment Transaction Reporting
Table of Contents
Funds Under Management of Trustees
• Wells Fargo Bank — 2004 Pension Obligation Bonds
• Wells Fargo Bank — 2006 Certificates of Participation
• Umpqua Bank - York Risk Services Group
Local Agency Investment Fund
• Butte County Treasurer
• Butte Community College District
• Paradise Unified School District
• Oroville Union School District
• Chico Unified School District
• Butte County Office of Education
Rabobank
CalTrust
US Bank Safekeeping
Butte County Treasurer
Monthly Investment Transaction Reporting
Funds Under Management of Trustees
Wells
2004 Pension Obligation Bonds
Transaction Activity
Series A Series B Total Cash With
Transaction&Month End Date XXXX1106 XXXX1109 XXXX1140 XXXX1141 XXXX1142 XXXX1301 XXXX1305 XXXX1307 Fiscal Agent
1213112014 Fair Value 969,069.81 2,634.41 0X0 0.00 0.00 466,485--.84 428,624.69 0.00 1,066,1114.75
lntere5t Earned 10.26 1.05 =94 454 20.79
CSCDA Issuer Fees 0.00
Wire Transfer From Butte County 000
Wire Transfer From Butte County 0,00
Interest Paid to Bondholder 7-�7:u�
'Transfer Fr.nn XXXX L301 0.00
Transfer To XXXX1141 0.00
113112015 FairValurs 969,080.07 2,635.46 0.00 0.00 0,00 457,762.87 429,62913]-0.00 1,858,107.63
Interest Earned 14.68 002 694 6A9 28.13
CSCDA ussuer Fees ----2-00
Wure Transfer From Butte County OLO
Wire Transfer From Butte County 0.00
Interest Paid to Bondholder (8,724,f�1:
Transfer From XXXX1301 ........... ..................
Tra nsfer To XXXX1141 0.00
212-8)2 0-16 Fair value 969,094.76 2,635.48 0.010 0.00..... 0:00 449,045.20 428,635,72 UO 1,849,411.15
Interest Earned 18.95 0.02 6.73 8.38 36..13
CSCDA Issuer Fees 0,00
Wire Transfer From Buitte County 0100
Wire Transfer From Butte County 0.00
Interest Paid to Bondholder 0',w3.79)
Transfer From XXXX1301 0.00
Transfer To XXXX1141 0.0'0-
313.1/20..15 FairValue969,113.70 2,635.50 0-00 0.00 0.00 441 2 ,644,10 0.00 1,841,54149
_±4 ,150.19 _L11__
Interest.Earned 25.65 1.08 11.68 11.35 49.76
CSCDA Issuer Fees 0.00
Wire Transfer From Butte County 0.00
� ire�Transfer Transfer Butte County 0.00
Interest Paid to Bondholder 34)
Transfer From XXXX1301 0.00
Transfer To XXXX1141 0=
Fair 1rValue 969,139,35 2'636.58 0.00 0.00 0.00 432,675.53 428,655,46 0.00 1,833,106.91
Interest Earned 28.54 0.03 12.74 12.62 53.93
CSCDA 15SLAer Fees O.OD
Wire Transfer From Butte County 0=
Wire�Tra,,fer�Fmm Butte County
Transfer To 16281140 (1 zL'oor'll 4x01 125,000.00 0.00
Transfer To 16281141 (844,00830C 844,0 08.70 0.00
Interest Pald to BondholderI ff
Transfer From XXXX1301 0.00,
Transfer Ta XXXX1141 - 7 " 0.00
i Fair Value 159A91t..--'-- -26,000,00 8 ,008.70 0.00 424, 28,66&07 0.00 1,924,542.33
11171717 717"d 27.25 0.03 12,99 13.13 53.40
CSCDA Issuer Fees 0.00
Wire Transfer From Butte County 0.00
Transfer from XXXX1301. 345,000.00 0.00
Transfer's XXXX1307 �45,UIOG DP �345,ilU(1N�
Transfer To XXXX1142 (186"Pil; f1('6'4 4)
Principal Paid to Sorcholder Vi25,00o au)
Interest Paid to Bondholder d8-14009 701
Transfer from XXXXII06 186.44 186,44
7 ��2,6�3664 U
-0.00 -- 0,00 186,44 70,158.37 428,680 0.00 l 501,662-Fq� i
,6170-IrO77.71V.1u.
SourcesI)Wells Fa,rgo Sank Statements,2)Butte County Adminbstration Office
Butte County Treasurer
Monthly Investment Transaction Reports
Investments Under Management of Trustees
2006 Certificates of Participation
Transaction Activity
Base Rental
Reserve Fund Payment Fund Expense Fund Total With
Date Transaction XXXX0800 XXXX0801 XXXX0S02 Fiscal Agent
72-/3112014 Fair Value 1,200,004.43 143,94957 5,731.32 1,349,685-32
Transfer to another account (15,000,43SO M l6,(X)0 48�
Transfer from another account 6,00043 6,000.43
Transfer from another account 005 0.05
Debt Service Wire rransfer-AC 573 0.00
Interest Earned 0.07 067 0.05 0.79
Interest Paid to Bondholder 149,950 00�, Q Y,49,950M�
Prindpal Paid to Bondholder 0.00
Unrealized GainlLoss 8,3MOO 8,388.00
1131120,15 Fair Value 1,202,392.07 012 5,731.32 1,20$,124.11
Transfer to another account (0.05) 1(0 0�,,,1
Transfer from another account 0.05 0.05
Trustee Fee (1,500 ocq 11,50(hoq(
Debt Service Wire Transfer-AC 573 0.00
Interest Earned 17.U2', 0.04 0.05 0.11
Interest Paid to Bondholder 0.00
Principal Paid to Bondholder 0.00
Unrealized Gain/Loss 6,216.00 6,216.00
2/2812016 --T7.17-Value 1,208,608.09 0.81 4,231 32 1,212,840.22
Transfer to another account 10,133 (o,n)
Transfer from another account OM 0.03
Trustee Fee 0.00
Debt Service Wire Transfer-AG 573 0.00
Interest Earned0.05 0.03 0.08
Interest Paid to Bondholder 0100
Principal Paid to Bondholder 0.00
Unrealized GakAoss 864.00 864.00
313112015 FalwValua 1,209,472.14r 0.84 4,231.32 1213,704.30
Transfer to another account Y0 lo 04�
Transfer from another account 0.04 0,04
Trustee Fee 0100
Debt Service Wire Transfer-AC 573 0.00
Interest Earned 0.07 004 0.11
Interest Paid to Bondholder 0.00
Principal Paid to Bondholder 0100
Unrealized Gain/Loss (804,00) 41804 010�
4,13012015 Fair Value 1,208,608 21 -78-8 4,231.32 1,212,900.41
Transfer to another account (0 03) (a r1,1(
Transfer from another account 0.03 0.03
Trustee Fee 0.00
Debt Service Wire"Fransfer-AC 573 MO
Interest Earned 0.07 0,03 0,7.0
Interest Paid to Bondholder 0.00
Principal Paid to Bondholder 0.00
Unrealized Gain/Loss - 1,308.00 1,308.00
513112045 Fair Vallue 1,209,976.28 091 4,231.32 1,214,208.51
Transfer to another account O,t14y DD4(
Transfer from another account 0..04 0.04
Trustee Fee 0,00
AC 1275 1,058,948.81
Interest Famed 0.07 0,04 0.11
Interest Paid to Bondholder I
Principal Paid to Bondholder 1 0.00
jUnrealized GainlLoss (4 56 00)1 (4 36l
�6/301201�SM.7r7.-w. -- 1:2]9�52O 35 2,272,701.43
Sources: 1)Wells Fargo Bank,2)Butte,County Administration Office
Butte County Treasurer
Monthly Investment Transaction Reports
Investments Under Management of Trustees
York Risk Services GroqpClaims Administrator
Umpqua Bank
WORKERS' COM P ENSATION
Account# XXXXX2
Transaction Activity - Current Month
Beginning
Balance- 113�1/2O 1 5� 130,1128.51
10
,Depositt s/Additions 63/3/15 156.39
6 0
6/15/15 6,2499.60
Other Deposits/Additions 6/12115 126,734,.24
6118/15 99,841.87
Disbursements Checks Paid (198,42073)
TM Fee (70.6,3)
Ending Balance-6/30/2015 164,66925
Source: Umpqua Bank Statement
LAIF Regular Monthly Staten, Page t of i
Local Agency Investment Fund
11.0.Box 94280
Sacramento,CA 91269-0001 n�err.he<�stircr,cx.ros/ iuialsit
(916)653-3001 July
ly 0 O1,2 201015
BUTTE COUNTY
CHIEF l]I PU7'Y'1'Rl ASURLR IIN11A A ptragc N7on(ilv Yicldl
25 COUNIN CEN'rrR DRIVE
OROVILLE,CA 95965-3384 Aecoant Number:
Tran'fv)c Detmitions June 2015 Statement
Effective Transaction Tran Confirm
Date Bate TYpe Number Authorized Caller Amount
615/2015 6/5/2615 RW t469282 LISA LAM -4,000,000.00
Account Summary
Total Deposit: 0.00 Beginning Balance: 14,657,468.74
"Total Withdrawal: -4,000,000.00 EndingBalanoc: 10,657,468,74
https:Hlai fms.treasurer.ca,gov/RegularStatement.aspx 7/1/2015
LAIF Regular Monthly StatemPage 1 of 1
Local Agency Investment Pund
P.0,Box 942809 w}v>v.trcasurer.a x.Dov! rni�t-Iaifllail:as�
S710-anlent0,CA 94209-0001
(916)653-3001 July 0€,2D15
BUTTE COMMUNITY COL1,130F DISTRICT
BUTTE COUNTY TREASURER 1"%sim tyerage NtU1Tt111V Yields
25 COUNTY CENTER DRIVE,SUITE 125
OROVILLE,CA 95965-3384 Account Nam her:
TTran'I'yoc Defoaiuons Jut;e 2015 Statement
Effective 'transaction Tran Confirm
Date bate TyPe Number Authorized Caller Amount
6/11/2015 6/11/2015 RW 1469668 COLETTE WORSHAM -5,000,000.00
Account Summar
Total Deposit: 0.00 Beginning Balance: 11,547,019.30
Total Withdrawal: -5,000,000.00 finding Man= 6,547,019.30
https://Iaifins,treasurer.ca.gov/RegularStatQment.aspx 7/1/2015
LAIF Regular Monthly Staten,_ ..c Page I of 1
Local Agmcy Investment Fund
I'.O,Box 942809 wrrx.tre�rtiurcr eft.xov/nmi:t-iaiF/laif.ast}
Sacramento,CA 94209-0001
(916)653-3001 kilt'01,201 S
PARADISE UNIFIED SCHOOL DISTRICT
BUTTE COUNTY TREASURER ['n'11.1.1vcraee ic:irtlrlr!'fetch
25 COUNTY CENTER DRIVE,SUITE 125
OROVIL1.fJ„CA 95955 Account Number:
i'rnst Tette Defni6m& June 2015 8tatemorit
Account Summary
Total Deposit: 0.00 Beginning Balance: 10,075,381,65
Total Withdrawal: 0.00 Ending Balance: 10,075,381.65
https://Iaifins.treasurer,ca.gov/RegularStateinent.aspx 7/112015
LAID Regular Monthly Statem. _, Page 1 of 1
Local Agency Investment Fund
I'.C).Bos 912809 s�'tiv�v.trenvurer.clt.lroY'lnnaist-€aif%€,:it'.ns�
Sacramento,CA 94209-0001
(916)653-3001 July OE,2015
OROVILLE UNION I-IIC)H SCHOOL DIS'T'RICT
13UTTECOUNTYTREASURER t'1€I,I;Is'cre<,e<,e M1Tantlt€}Yui€cls
25 COUNTY CENTLR DRIVE,suI'm 125
OROVII-LE,CA 95965-3384 Account Number:
Tran l-vna Dc nitions Sunc 2015 Statemen£
Account Surnmary
Total Deposit: 0.00 Beginning Balance: 10,474,473.24
Total Withdrawal: 0.00 Ending Balance; 10,474,473.24
https://Iaifms.treasurer.ca.gov/RegularStatement.aspx 7/1/2015
LAI1; Regular Monthly Statem�.—, Cage I of 1
Local Agency Investment bund
11.0.Box 942809 ��fyvr.trcasurcr.ca,enr/nmia-laitllait'.as
Sacramento,CA 94209-0001 July 01,2015
(916)653-3001
CHICO UNIMED SCHOOL DISTRICT
BUTTE COUNTY TREASURER '�11A.lverhF;c Stgnthl+.1'ii+ids
25 COUNTY CENTER DRIVE,SUITE 125
OROVILLE,CA 95965-3384 Account Number,
1Tnn'i'v c June 2015 Statement
Effective Transaction Tran Confirm
Date Date TYne Number Authorized Caller Amount
6/5/2015 615/2015 RW 1469283 LISA LAM -4,000,000.00
Account Summary
Total Deposit: 0.00 Beginning Balance: 23,867,052.00
Total Withdrawal: -4,000,000.00 Ending Balance: 19,567,052.00
https.,//lai fins,treasurer.ca,gov/Regul arStatemejit.aspx 7/1/2015
LAIF Regular Monthly Statem_ Page 1 of 1
Lotal Agency Investment bund
P,O,Box 942809 w�v.v.treayurcr.ca. orlp,nitt-Iaif/Ia f'.h51�
Sacramento,CA 94209-0001 "
July Ol,2015
(916)653-3001
BUTTE COUNTY OFFICEOF EDUCATION
BUTTE COUNTY TRH ASURf R IINPA Ay mwe:Monthly Vidds,
25 COUNTY CENTER DRIVE,SUITE 125
OROVILLE,CA 95965-3384 Account Number.
1",xn'1'tna I�elinitin,t5 June 2015 State,nont
'Effective Transactiou Tran Confirm
Date Date Type Number Authorized Caller Amount
6/1/2015 6/1/2015 RW 1468957 COLETTE WORSHAM -5,000,000.00
6/15/2015 6/15/2015 RW 1469817 COLEE"I'Tl WORSHAM -3,000,000,00
Account Summary
Total Deposit: 0.00 Beginning Balance: 16,473,522.81
Total Withdrawal: -8,000,000.00 Ending Balance: 8,473,522.81
littps:/Ilaifms.treasurer.ca.gov/RegularStateinent.aspx 7/1/2015
Account Number:
" Last Statement: May 29, 2015
rkl i Rabobankt MA. This Statement: June 30, 2015
m�uA�n�k��1T
PO BOX 6002 Total days in statement period: 32
RabObarlk Arroyo Grande,CA 9342? 600..2 Fuge 1 of 1
Direct inquiries to: 888-945-66,00
IRABOBANK, N.A.
222;7 MYERS STREET
OROVlLLE CA 95966
RETURN SERVICE REQUESTED
BUTTE COUNTY TREASU'RER'S
INVESTMENT POOL
25 COUNTY CENTER 0R ST 125
OROVILLE CA 95965-3384
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Public Investment Money Market
Account number EMIR= Beginning balance $7„946,905019
Avg collected balance $7,946;995.99 Total additions $1„436.98
Interest paid year to date $8,687.96 Total subtractions $0.00
Ending balance $7,948,342.17
E ITS
Crate Desori tion Additions
06-30 INTEREST CREDIT 1,436.98
DAILY BALANCES
Date Amount Date Amount Date Amount
05-29 7,946,905.19 06.30 7,948,342.17
INTEREST INFORMATION
Annual percentage yield earned 0.21'.0
Interest-bearing days 32
Average balance for AFY $7,946,905.19
Interest earned $1,436.98
OVERDRAFT/RETURN ITEMFEES
Total for Total
this eriod ear-to-date
Total overdraft fees $0.00 $0.00
Total returned iter,fees $0.00 $0.00
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3r� � retro U2-14
....... COUNTY OF BUTTE
,A STATEMENT FOR PERIOD
June 01, 2015 -June 30, 2015
CalTrust Short Term Fund MEN=
Date Transaction Shares Price Per Amount Average Average Realized
Share Cost NAV Cost Amount GainfLoss*
05/31/2015 BALANCE FORWARD 450.791 10,03 4,521.43 10.01969871 4,516.79
06101/2015 INCOME DISTRIBUTION-MAY 0.170 10.03 1,71 1001971346 1.71 0.00
06/30/2015 UNREALIZED GAIN(LOSS) 0.000 -4.51 ---------..............
06/30/2015 ENDING BALANCE 450.961 10.02 4,518.63 4,518.50
INCOME DISTRIBUTION PAID-MAY 0.00
INCOME ACCRUAL-JUNE 1.86
CUMULATIVE UNREALIZED GAIN(LOSS) 0.13
'Please note that this information should not be construed as tax advice and it is recommended that you consult with a tax professional regarding your account.
For Inquiries About Your Account,Contact. COUNTY OF BUTTE
BUTTE, COUNTY OF
Nottingham Investment Administration ATTN: LEGGY MOAK
116 South Franklin Street 25 COUNTY CENTER DR, STE 125
Rocky Mount,NSC 27804
Attention:CaITRUS T Shareholder Services OROVILLE CA 95965
Phone:800.773.3863
Fax:252-972-1903
Email:caGtrustsupport@ncfunds.com: Page 1 o I,1
Wbank,
Acct Name: BUTTE COUNTY TREASURER SUMMARY-USD Page 1
Acct Number' For period 0610112015-06136!2015
ACTIVITY-Settled/cleared Cash Activit
Transaction Type Amount Your Sales Representative is:SAFEKEEPING OPERATIONS
Purchases 0.06 (800)236-4221
Purchase Reversals 0.00
Sales 0.00 Statement Contents
Sale Reversals 0.00 'Summary
Withdrawals 0.00 'Activity-SettledlCleared Cash Activity
Receipts (22,933,137.54) 'Activity-Projected Activity for Next Statement Period
Deliveries 6.00 "Holdings
Principal Reversals 6.00 "Cash Flow Projections
lrnterest 428,453.69
Interest Reversals 0,40
Interest Adjustments 000
Maturities 5,000,000.00
Calls 10,000,000.60
Puts 0.00
Paydowns 0.00
Paydown Adjustments 0.00
Payups 0.00
Payup Adjustments 0.00
Cash Dividends 0.00
Balance Changes 000
Stock Dividends 0.00
Closeculs 0.00
Closeout Dividends 0.00
Net Activity (7,505,083.81)
HOLDINGS-Customs
Category Par[Shares Original Face Principal Cost Market Value
Domestic Time Deposits 3,250,000.00 3,250,000.00 3,248,750.00 502,530.54
Treasury Obligations 14,000,000.00 14,000,000.00 14,030,429.&9 13,975,549.00
US Government Agency Securities 271,414,000.00 271,414.0W 00 272,422,060,25 271,889,572.12
Nor US Government Agency Securities 3,000,mom 3,000,000.00 3,000,590.00 3,009,540.00
Corporate Securities 37,575,000.00 37,575,000.00 38,085,296.00 37,603,677.13
Municipal Securities 15,000.000.00 15,000,000.00 15,091 780.00 15,003,920.00
Total Custody Holdings 344,239,000.00 344,239,000.00 345,879,005.94 341,984,188.79
(Mbank.
Acct Name: BUTTE COUNTY TREASURER ACTIVITY•USD Page 2
Acct Number. Settled/C[eared Cash Activity For period 06/0112015-06/3012015
Date Activity Description Rate Par Security 1D Amount
Ticket Maturity Price
06/012015 Receipt U S TREASURY NOTE 1.500 4,000,000.00 912828XE5 (3,999,538.93)
392166213 1,50 NOTE 20 05131/2020 99.984375
06105/2015 Receipt FEDERAL HOME LOAN BANK 1.750 5,000,000.00 313383HUS (5,034,846.61)
758004105 0611220 05/1212020 99.855000
0610812015 Interest FEDERAL HOME LOAN BANK .750 313381820 18,750.00
392135954 12108117 12708!2017
06108!2015 Interest FHLB 1.2506118 1.250 313379DT3 31,250,00
392142749 06/0812018
06!082015 Interest FEDERAL FARM CREDIT BANK ,430 3133ECQ31 1,791.67
392152258 05/23/16 05/2312015
0610 812 01 5 Call FEDERAL FARM CREDIT BANK .430 10,000,000.00 3133ECQ31 10,000,000.00
392162258 05123//6 05/2312015 99.953500
0610 812 01 5 Receipt FEDERAL FARM CREDIT BANK 1.850 4,000,000.00 3133EEU65 (4,000,000.00)
392156353 06108/20 06/082020 109.000000
013110/2015 Receipt CAPITAL ONE BANK USA NA 1.900 - 250,000-00 140420RXO (248,750.00)
392156465 CERTIFICATE OF DEPOSIT 0611012020 99.500000
0611212015 Interest FEDERAL HOME LOAN BANK 1.75D 313383HUS 43,750.00
758004105 06112/20 06/122020
06115/2015 Interest TENNESSEE VALLEY AUTHORITY 4.875 SS0591DS8 121,075.00
392123963 12115!2016 BONDS 1211512016
06115!2015 Interest FEDERAL HOME LOAN BANK 1.625 313379EE5 40,625.0D
392154559 06/14/19 0611412019
0612 212 0 1 5 Interest BARCLAYS BANK DELAWARE 1.600 06740KFG7 1,994.52
392122740 CERT OF D EPOSH- 1212112015
0612 412 01 5 Interest CHEVRON CORP .889 166764AC4 44,450.00
392158898 SR UNSECURED 0612 412 01 6
06 2 612 01 5 Interest FEDERAL FARM CREDIT BANK .900 3133EC845 45,000.00
392136057 12126/17 1212612017
Treasurer —Tax Collector Peggy Moak, Treasurer-Tax Collector
5 County Center Drive, Suite 125 T: 530,538,7701y tt �a ®n t ttc
Oroville, California 95965-3384 F: 530.538.7648
i
TREASURER-TAX COLLECTOR
,July 15, 2015
Butte County Board of Supervisors
Butte County Chief Administrative Officer
Treasury Oversight Committee
"The attached Investment report for.June 30, 2015. is submitted in accordance with the Butte County
Statement of Investment Policy dated January 1, 2015. All investments are in compliance with this
policy.
The lnvestment Report demonstrates that sufficient liquidity is available to meet anticipated
expenditures during the next six months.
The Local Agency Investment Fund (LAIF) is used as a benchmark for portfolio performance. A look
at the 5 year moving average for the Butte County Treasury yields vs. LAIF yields demonstrates
that, over time, a medium term, laddered portfolio will generally outperform a shorter term
investment strategy, which LAIF usually mirrors. The 5 year moving average for 'Butte County's FY
13114 and FY 14115 performance compared to LAIF shows margins of 1.384% and 1.102%
(estimated for 14/15), respectively. 'Using $350,000,000 as a baseline portfolio (actively invested
balance)„ this translates to enhanced earnings averaging $3,857,000 per year for the past five
years.
Investments are marked to market monthly based on a current market price determined by LI.&
Bancorp Investments. The fair value of the pooled Treasury portfolio is 99.97% of the cost-
carried balance as of -30-1A
Quarterly Investment Reports are made available on the Treasurer-Tax Collector website at
htt J/wvv r.ILutte c tau„_9jL_y.net/ttc.
Respectfully,
Peggy Doak
Butte County Treasurer-Tax Collector
cc; Butte County Auditor-Controller Butte-Glenn Community College
Butte County Board of Supervisors Chico Unified and Gridley Unified School Districts
Butte County District Attorney ,lessee, rvteegan—Butte County Deputy Administrative officer
Butte County Schools-JPA Liu Annie—Butte County Manager, Gov't.Accounting
Butte County Sheriff Childs, Heather—Butte County Internal Auditor
Butte County Superintendent of Schools
Butte County Special Districts(Quarterly)
8/t
UT TE COUNTY TREASURER'S INVESTMENT T
sc:,arlr�alxsvu� �
Butte :ounty Poolor9 Troa to
Fair Value as of 5130115*
Investment Cost Carried(CC) Fair Value(FV) Peccemta e FVNCC-
LAIF $ 57,847,054.55 $ 57,868,803.83 100.0375979%
CalTrust $ 4,521.43 $ 4,518.63 99.9380727%
Rabobank $ 7,946,905.19 $ 7,946,905-19 100.0000000%
Bank,CDs $ 5,500,000.00 $ 5„500,000,00 100 0000000%b
Negotiable CDs $ 3,248,750.00 $ 3,251,294.91 100.0783351%
Municipal Bonds $ 15,078,742.98 $ 15,003,920.00 99.5037850%
Corporate Notes $ 37,783,898.76 $ 37,603,677.13 99.5230200%
Federal,Agency Notes $ 274,738,413.48 $ 274,899,112.12 100 0584915%
Treasury Notes $ 14,031,376.35 $ 13,975,549.00 99.6021249%
School Bonds
LAIF $ 8,247,863.19 $ 8,250,964.21 100.0375979%m
Investments under Mgmt of Trustees
LAIF $ 1,631.58 $ 1,632.19 100.0375979%
Federal Agency Notes $ 1,200,000.00 $ 1,201,020.00 100.0850000%
Money Market Funds $ 1,571,526.06 $ 1,571,526.06 1100.0000000%b
Cash $ 186.44 $ 186.44 100.0000000%
Discovery Benefits— $ 30,000.00 $ 37,431.55 124.7718333%
Umpqua Bank-Workers'Comp Admin $ 16,4,669.25 $ 164,669.2.5 100.0000000%
Cash on Nand
US Bank Checking Accounts $ 13,088,287.27 $ 13,088,287.27 100.0000000%
Operating Cash $ 98,016.90 $ 98.016.90 100.0000000%
TOTAL $ 440,581,843.43 $ 440,467,514.68 99.9740505%
.97%
The fear value of the pooled Treasury portfolio,including cash on hand,is 99.97 of the cost-carried balance as of 6-30-16
*Amount is based on available information as of 1213112413 and may not be up to date
(Blease refer to attached"Treasurer's investment(deport-Introduction”for additional information)
Treasurer—°Tax Collector Peggy Moak, Treasurer-Tax Collector
25 County Center Drive, Suite 125 T: 5M538.7701
121iLtL�cLunt�Ln.e�jtt�
Oroville, California 95965-3.384 F: 530.538.7648
TREASURER-TAX COLLECTOR _.._.
Treasurer's Investment Report - Introduction
The Butte County Treasurer's office manages investments on behalf of the County,. various
Trust and Agency Funds, School Districts and Special Districts within the County. "Pooling"
deposits from local agencies and other participants is in the public interest because banking
and investment activities are consolidated, thereby reducing duplication, achieving
economies of scale and carrying out coherent investment strategies. Butte County's
portfolio management is an active management strategy in that a broad range of market
analysis techniques, investment options, and cash management tools are employed in
making investment decisions. The medium term, laddered maturity portfolio allows
participants to benefit from higher earnings than might otherwise be possible. The objective
of this strategy is to obtain the highest return feasible, consistent with a high degree of
safety of principal and the level of liquidity necessary to meet the needs of the County and
agencies participating in the Treasury. Earnings on the pooled investments are paid
quarterly, on a pro-rata basis and less Treasury costs, to pool participants.
The Treasurer's Investment Report is designed to provide specific and general investment
information to pool participants and to interested members of the public. The cover letter
indicates our compliance with the Butte County Treasurer's Statement of Investment Policy,
identifies U.B. Bank as the source of the market value of investments held in the investment
pool, and states our ability to meet estimated liquidity needs for the next six months.
The cover letter also compares the portfolio yield and that of the State Treasurer on a five-
year rolling average basis, which serves to effectively demonstrate the bottom line in terms
of enhanced earnings to pool participants. The Butte County Pooled Treasury Portfolio's
medium term, laddered investment strategy outperformed the State of California's Local
Agency Investment Fund (LAIF) in Fiscal Year (FY) 13/14 by a margin of .663% and by
.796% in FY 14/15." Market conditions (lowering interest rates) allowed the portfolio to
significantly outperform LAIF over the past hive years. In a rising market, the portfolio's yield
will more closely approximate that of LAIF and may drop below LAIF's yield, from time to
time. A look at the 5 year moving average for the Butte County Treasury yields vs. LAIF
yields demonstrates that, over time, a medium term, laddered portfolio will generally
outperform a shorter term investment strategy, which LAIIF usually mirrors. The 5 year
moving average for Butte County's FY 13/14 and FY 14/15 performance compared to LAIF
shows margins of 1.364%o and 1.102%, respectively.* Looking at a ten year average, the
portfolio exceeded LAIF's yields by a healthy .647%a.
Page 1 of the Investment Report shows the portfolio balance (separately identifying the
actively managed portfolio), the average number of days to maturity and the yield to maturity
for the investments held by the pool. The balances invested are shown in three different
ways: Par "Value (the value at maturity of the instrument), Fair Value (the value if sold as of
the date of the report) and Cost Carried (the amount paid for the investment, amortized to
reach Par Value by maturity). The difference between the fair value of the investments and
the cost carried is considered to be `unrealized" gain or foss. A gain or loss is only realized
if a security is sold prior to maturity (T-Bills, Corporate Notes, Agency Note, Negotiable CDs
and Commercial Paper are redeemed at a pre-established Par Value at maturity). It is
important to note that the Butte County Pooled Treasury typically uses a "buy and hold=...,
investment strategy; however, we occasionally sell securities when it is advantageous to the
pool's earnings to do so. Cash flow and liquidity needs are carefully analyzed prior to
making investments to ensure liquidity needs are met. The bottom portion of page 1
indicates the ability of the pool to meet projected cash flow requirements for the next six
months. Please note, however, that the projected and actual': results will vary, sometimes
materially, because events and circumstances do not always occur as predicted.
School Bond Proceeds and, if applicable, Tax and Revenue Anticipation Notes (TRAN)
proceeds, are separately accounted for in the report, and are invested in the State
Treasurer's Local Agency Investment Fund (LAIF) or other securities as deemed
appropriate. Note that the annual portfolio yields quoted (the yield method used is
"weighted yield to maturity") exclude separately invested Bond and TRAM proceeds, as well
as investments managed by Trustees, as they are not part of the actively managed portfolio.
Investments of School Bond: Proceeds are detailed on page 2 of the report, and investments
managed by outside Trustees as part of financing agreements are detailed on page 3.
Page 4 of the Report contains chart information that is very helpful in, providing a, quick
overview of the diversification of the portfolio by type of instrument and maturity ranges.
Included is a chart showing the Treasury Portfolio balance fluctuations from 2004 through
the current month (Investments Managed by Trustees, TRAN and Bond proceeds are not
included in the charted information). An analysis of this chart clearly demonstrates that the
Treasury maintains a stable average balance of approximately $350,000,000, which
supports the philosophy of medium term investment of funds not anticipated to be drawn
upon to meet ongoing liquidity needs. Page 5 provides a listing of specific investment
instruments, (listed in order of maturity date), credit ratings, purchase and maturity dates,
balances invested and yields obtained.
The Treasury Oversight Committee and the Board of Supervisors receive the Treasurer's
Investment Report on a quarterly basis. The Treasury Oversigiht Committee was
established in April of 2..000 in accordance with California Government Codes 2713,1 through
27137 and serves to ensure that representatives of pool participants are involved in the
oversight of the Butte County Treasury pooled investment portfolio.
,Questions regarding the Investment Report may be directed to Lisa Lam, Assistant
Treasurer-Tax Collector), at 530-538-7539, or Ilam Da bqttggoqrL ,
121y�_qt
The margins quoted represent the difference between the annual yields of the Butte
County Pooled Treasury Investment Portfolio and the Local Agency Investment
Fund.
f /
f
BUTTE COUNTYTREASURER'S I VEST T REPORT
June 30, 2015
YIELD TO WEIGHTED AVERAGE
ACTIVELY MANAGED PORTFOLIO: MATURITY MATURITY(DAYS)' PAR VALUE FAIR VALUE COST CARRIED
LOCAL AGENCY INVESTMENT FUND(LAIF) 0.299% 1 57,847,054.55 57,868,803.83 57,847,054.55
CALTRUST SHORT TERM 0.501! 1 4,518.63, 4,51&63 4,521,43
BANK MONEY MARKET(COLLATERALIZED) 0.210✓ 1 7,946„905.19 7,946,905.19 7,946,905.19
U.S.TREASURY NOTES 1.,354% 1,559 14,000,000.00 13,975,549.00 14,031,37635
MUNICIPAL BONDS 1.704/m 1,394 15,000,000.00 15,403,920.00 15,078,742.98
CORPORATE NOTES** 1.0661 792 37,575,000.00 37,603,677.13 37,783,898.78
NEGOTIABLE COS** 1.6371 949 3,250,000,00 3,251,294.91 3,248,750.00
CERTIFICATES OF DEPOSIT(COLLATERALIZED) 1.0001 98 5,500,000.00 5,500,000.00 5,600,000.00
FEDERAL AGENCY NOTES** 1.233°l 1,168 274,414,000.00 274,.899,112,12 274,738,413.48
TOTAL ACTIVELY MANAGED PORTFOLIO; 1.090% 955 415,537,478.37 416,0 x'3,760001 416,179,663,74
INVESTMENT OF NOTEIBOND PROCEEDS AND OPERATING CASH
SCHOOL BONOPROCEEDS fseeuage2fordetails) 8,247,863.19 8,250,964.21 8,247,963.19
OPERATING ACCOUNTS
U.S.SANK CHECKING ACCOUNT DEPOSITS 1,3,088,287.27 13,088,287.27 13,088,287,27
OPERATING CASH 98,016.90 98,016.90 98,016.90
OTHER 0.00 0.00 0.00
TOTAL TREASURER'S FUND LEDGER BALANCE- 436,971,646,73 43s,491,049.19 437,613,030,10
INVESTMENTS UNDER MANAGEMENT OF TRUSTEES lseevaaelfmrder 5) 2,975,444.88 2,,976,465,49 2,968,013.33
PAR VALUE FAIL VALUE COST CARRIED
TOTAL CASH AND INVESTMENTS: 4391,947,090.01 440,467,614.69 440,591,843,43
SIX MONTH LIQUIDITY PROJECTIONS
Estimated Cash Receipts for Next Six Months 495,158,809
Estimated Disbursements for Next.Six Months -438,216,271
Estimated Net Cash Flow for Next Six Months— 56,952,538 (A1)
Prudent Reserve -30,000,000(A2)
Securities Maturing 30,750,000(8)
Local Agency investment Fund/Cal Trust I MMF65,798,481 (C)
'Total Liquidity for Next Six Months 123,501,019(A1+A2+8+C)
Estimated Gash Available for Lang Term Investment -30,000,000
Remaining Available Liquidity 93,501„019
Total Pan Value of actively managed investments maturing In less than 12 months: 92,948,478
Total Par Value of actively managed investments maturing in more than 12 months; 322,589,000
Actual Weighted Average Maturity will be shorter,and actual dollar amount of investments maturing in less than 12 manths will be higher than stated,due to call features on investments.
Seepage 5 for detailed list of investments.
Includes TRAIN(Tax and Revenue Anticipation Notes)receipts and disbursements,if applicable.
1
BUTTE COUNTY TREASURER'S INVESTMENT REPORT
INVESTMENT OF SCHOOL BOND PROCEEDS
June 30, 2015
INVESTMENT MATURITY ANNUAL PAR FAIR COST
BONDINOTE DESCRIPTION TYPE DATE DESCRIPTION YIELD' VALUE VALUE CARRIED
BONDS-LOCAL AGENCY INVESTMENT FUND(LAIF)
Chico Unified Measure E Series A LAIF 0.299% 8,247,863.19 8,250,964.21 8,247,863.19
PAR FAIR COST
VALUE VALUE CARRIED
GRAND TOTAL 8,247,863.19 8,250,964.21 8,247,863.19
Yields quoted above are a snapshot per investment type. Actual yields earned on school bonds are calculated by the Treasurer's office and are a composite of investment earnings less Treasury costs.
2
BUTTE COUNTY TREASURER'S INVESTMENT REPORT
DEPOSITS AND INVESTMENTS UNDER MANAGEMENT OF TRUSTEESIFISCAL AGENTS
June 30, 2015
INVESTMENT MATURITY ANNUAL PAR FAIR COST
LOAN PROGRAM TYPE DATE DESCRIPTION YIELD VALUE VALUE CARRIED
2004 PENSION OBLIGATION BONDS
WELLS FARGO BANK,TRUSTEE
Series A Bond Fund#XXXX1106 Money Market HERITAGE MM 93106 0.048% 0.00 0.00 0.00
Int.Rate Stabilization Fund#XXXX1109 Money Market HERITAGE MM#3106 0.048% 1,005.06 1,005.06 1,005.06
Pooled Agency Funds Local Agency Investment Fund 0.2990/0 1,631.58 1,632.19 1,631.58
Principal Account Fund#XXXX1140 Cash Cash 0.000% 0.00 0.00 0.00
Interest Account Fund#XXXX1141 Cash Cash 0.0000/0 0.00 0.00 0.00
Surplus Account Fund#XXXX1142 Cash Cash 0,000% 186.44 186,44 186.44
Series B Interest Fund#XXXX1301 Money Market HERITAGE MM#3106 0.048% 70,158.37 70,158.37 70,158.37
Series B Bond Fund#XXXXI305 Money Market HERITAGE MM#3106 0.048% 428,681.20 428,681.20 426,681.20
SUBTOTAL. 501,662.65 501,663.26 501,662.65
2006 COP-NEAL ROAD RECYCLING&WASTE FACILITY
WELLS FARGO BANK,TRUSTEE
Certificate Reserve Fund AXXXX0800 Money Market Gov MMF Service Fund#743 0.010% 8,500.35 8,500.35 8,500.35
USTreas7Agency 8/0772017 FHLMC#3134G3ZR4 1,000% 1,200,000.00 1,201,020.00 1,200,000.00
Base Rental Payment Fund#XXXX0801 Money Market Gov MMF Service Fund#743 0,010% 1,056,949.76 1,058,949.76 1,058,949.76
Expense Fund#XXXX0802 Money Market Gov MMF Service Fund#743 0.010% 4,231.32 4,231.32 4,231.32
SUBTOTAL 2,271,681.43 2,272,701.43 2,271,681.43
Deposits with Fiscal Agents
Discovery Benefits
Plan Year Cash Balance 1101113-12131/13 37,431.55 37,431.55 30,000.00
York Risk Services Group -Claim Administrators
Umpqua Bank#XXXXX2601 Commercial Hank Business Checking NA 164,669.25 164,669.25 164,669.25
SUBTOTAL 202,100.80 202,100.80 194,669.25
PAR FAIR COST
VALUE VALUE CARRIED
GRAND TOTAL 2,975,444.88 2,976,465.49 2,968,013.33
3
BUTTE COUNTY TREASURER'S INVESTMENT REPORT
ACTIVELY MANAGED PORTFOL*"AT-A-GLANCE"
June 30,201$
Eno
INVESTMENTS BY TYPE* INVESTMENTS BY MATURITY&YIELD*
Local Agency investment Fund I CalTrust I MMF LAIF/CT/MMF $ 65,798,478
Federal Horne..oan Bank FHLB $ 58,800,000 LAW/CALTRUST/MMF(1 day) 0.299% $ 65,798,478
Federal Horne Loan Mortgage Corp FHLMC $ 511,055,000 01-12 months 0.911% $ 27,150,000
Federal National Mortgage Assn FNMA $ 48,100,000 13-36 months 1.043% $ 169,999,000
Federal Farm Credit Bank FFCB $ 60,610,000 37-60 months 1.655% $ 152,590,000
Federaii Agricultural Morligage Corp FAMCA $ 47,849,0100 TOTAL PAR VALUE $ 415,53,7,478
Corporate Notes CORP $ 37,575,000
U S.Treasury Note,-, UST $ 141000,000 'investments managed by Truslees&School Bond Proceeds not included
Tennessee Valley Aulhorily TVA $ 5,000,000 Final maturity dates are used,probable call dates are nal considered
Supranational SUPRA $ 3,000,000
Ceirificates ot Deposit(CoYlatarajlzed;Nogotralole) CDs $ 8,750,000
Municipal Bonds MUNI $ 15,000,000
$ 415,537,478
1%1% 2% 4%
opLAIF/CALT�UST/MW(I day)
LAIF/CT/MMF FHl-B FHLMC `NMA 01-1.2 nionqi5
FFCB FAMCA CORP UST 13.36 manthis
TVA SUPRA CPS MUNI 37-50 months
Butte County Pooled Treasury Portfolio Balance"
Net of Tax and Revenue Anticipation Notes (TRAN) and Bond Proceeds
$500,000,000
oars
$475,000,000
$450,000,000 .......
$400,000,000
$425,000,000 —-----
$375,000,000 klassi Is
1444 205
$350,)0�0,000 -2008
$325,000,000
-.
'Wi
"i .1
$300,000,000 0 4-2GOG
0
$275,000,000
$250,000,000
$225,000,000 ,.m........
JAN
-- ---
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
This chart does not include deposits from rRAN,Bond Proceeds,or Investments under Management of Trustees.
It is intended to demonstrate cash flow trends and establish a baseline for the portfolio,enabling medium term investments.
4
BUTTE COUNTY TREASURER'S INVESTMENT REPORT
MANAGED PORTFOLIO-DETAILS OF SECURITIES HELD
June 30,2015
Gratlit Ratln9 Purchase Maleriry Yie151e
Sec.r'itY 0,I-10- SBP Mo ,,Y, Filch DaleOale MaWNIY I#1 Par Vallre Falr Value Coal Germed•
/132012
31315PDZ9 FARMER MAC MR MR NR 6 7222015 0.615 2,000,00600 2,002,75200 200202906
64952WBH5 NEW YORK LIFE GLOBAL FOG AA- Aad AAA III 71242015 0500 3,250,00.0 3250.442,90 3,2M,515 22
25461 DISCOVER BANK OR OR NR 8242011 81242015 1.500 250,000.0 250,690.15 250,00.00
3691 GENERAL ELEC CORP AA- Al NR 9142013 0212015 0970 5.000,000.0 5044,60000 5.037.367.71
061 BARCLAYS BANK OF LAWARE NR OR MR 102120,1 1221X15 1.60 2`A 00.0 251,839.76 250,0090
31315PWQ8 FARMER MAC NR NR OR 5,92012 11,92016 0575 1400000.00 1,402786,00 140000000
166764AC4 CHEVRON CORP M Aa1 MR 101302014 6242016 043E 10,0[0,000.0 ,003091000 10,044,333.0
3616GXUBI GE CAPITAL FINANCIALINO CD NR NR OR &192011 &102018 1 M 251.0 250,000,00 2EO,XCOU
3133 0 0 50 4 FEDERAL FARM CREMIE BANK AA+ Aaa AAA 3,02015 9162016 0.610 5LM"M 5,008.820.00 4.99468139
17281 CR BANK NR NR NR 3'aml1 982016 1.800 250900.00 Z50.0 00 25020000
$B151PRP5 GB CAPITAL RETAIL BANK NR NR NR 1w,1013 10111'016 1200 250.000.00 260900.00 250,000.0
8809M1DSB TE NN658EE VALLEY AU THQR ITY AA+ Am AAA 1272012 12115,2018 0970 9,000.000.OD 5,304,49500 5.276,656AU
31315PYB9 FARMER MAC NR NR NR 113MO12 1162017 1.150 3,000000.00 3,023,832.00 3919,118.40
3131 FEDERAL FARM CREDIT BANK AA+ Aaa AAA 2142015 11272017 0.635 2625,000,60 2.626441.85 2,624,563.24
3137FADCO FREDDIE MAG AA, Am AAA 21142013 3182017 0753 5,00,00.0 S.U310E560 5020.461.37
5TSB2PM80 MASSACHUSETTS ST GLI LTD TXBL M+ Aat M. 4,82013 4112017 0760 2900,000.0 201 2,007.561.70
89236TEH7 TOYOTA MOTOR CREDIT CORP AA- Aaa A 31132016 5/102017 1.000 4,500,006.0 4,511,002.80 4,510,396.55
3133EA-8 FEDERAL FARM CREDIT BANK M+ A. NR 10152012 7!112017 0.842 5000.000,00 4.983,800.00 4597,86049
45905URF3 ,NTL SK RECON d DEVELOP AAA Asa OR 1192015 7!172017 0890 3.00.000.0 3,009,54000 3,00.585.07
3135GOZF3 FEDERAL NATL MORTGAGE ASSN M+ A. AM 4152015 128/{017 0630 5,000.000,00 5,014480.00 5.23.49057
3133EDV74 FEDERAL FARM CREDIT BANK M* Aaa AAA 8,18X14 91 1.220 5,0609090 5,0B,D30.0 0,000000.00
213 STNO FEDERAL HOME LOAN BANK AA+ as NR 12,31'014 9222017 1.070 5,00900000 5.023 690.00 4997,797,66
3133EEOX1 FEDERAL FARM CREDIT BANK AA- Aas AAA 2252015 9852012 100 3.00000.0 3,Cil.L53CO 3,000.00.0
313435JJ5 FEDERAL NOME LOAN MTG CORP AA- Am AAA 9292014 9/292017 1.10 8.625,000 96 61 6,62500.0
3130A3FV1 EEOERALHOME LOAN BANK AA- Aaa NR 11261914 11272017 1.10 5.X0000 5,013,820.0 5.000,000.0
313381R20 FEDERALHOME LOAN BANK AA. Am NR 12!192012 12!62017 0.&$2 5,00,00.0 4.975.050 4,987,254.33
3133EC545 FEDERAL FARM CREDIT BANK M. Aas AAA 122512012 128&2011 0910 10,00,000.00 9,986,4400 9.997.513.69
31315PTS8 FARMER MAC NR NR NR 1112013 11/272017 0.903 4,265,000.0 4,277,586.02 4,264879.25
31315n, FARMER MAC NR MR NR 11!62015 1182018 1.320 3,184,000.0 3,191,870.85 3,184,00.0
3137EAON6 FHLMC.75 01118 AA. Aaa AAA 11142013 1/128018 0.920 5,00,00.0 4,870,04500 4,979,023.69
31315P640 FARMER MAC NR NR NR 2 LI13 11 1922 1. OIXI.0 190.555,0 998,694,00
3136GIC56 FNMA STEPa1P AA+ Aaa AAA 12&2013 1292018 0.80 9,20,00.0 9,202,244.80 9,200,0060
313463493 FEDERAL HOME LOAN MTG CORP AA- as AAA 11]M013 1,302D16 1.000 5,00,BOOM 4,904,385,00 5,00,00.0
3135000F1 FEDERAL NATL MORTGAGE ASSN M. A. AAA 0142013 21142D18 1,000 10,00000.0 9,939390.0 10,00,00.00
481243522 JP MORGAN CHASE BANK NA NR NR NR 2202013 2202016 1.125 251 2M.000 DO 250000.0
313382349 FEDERAL HOME LOAN BANK M+ Am NR 2222013 2222016 1.15D 5,009 00.0 4.992.63500 5,00,00.0
3133EC*>C2 FEDERAL FARMCREDIT BANK M+ as AM 3MM013 2262018 80 1,0 5,00900.0 5.000.53000 5,0000.0
31315PQM4 FARMER MAC NR AMR MR 172013 3161018 ONO 10.00.000,0 9,996,47000 9.999,946.36
31315PZZ5 FARMER MAC NR OR OR 5!152013 892018 0,975 500.000,00 4,949,04000 4,973003.18
3134G36D7 FEDERAL HDME LOAN MTG CORP AA,, Am AAA 31202013 3120'018 1.20 800,0000 850,134.30 am.".00
313464263 FEDERALHOME LCAKMTGGORP AA. Am AAA 4'52013 4/252018 1,100 500,00.0 4,071,2760 51
64952WBZ5 N EW YON K LI FE GLOBA L FOG AA,, Am MA 4212015 487'018 1230 5,00.0.0 4983,1350 5,09.689.83
02001 ALLY BANK NR MR NR -02015 00302018 1.150 260,000.00 25090.0 25090000
31330 6 0 76 FEDERAL FARM CREDIT BANK AA• Am 582013 5188018 9.986 5,000,00.0 4.973 53500 4995p0164
3134645004 FEDERAL NOME LCAN MTG CORP AA. Aaa AAA 529,2013 5292018 'BOD 5,0000.0 4,07035000 5,00.00.0
30379DT3 FHLB 1.2505116 AAe Aaa NR &132013 682018 1344 5,000.00.0 5,026,1,15.0 4,986.750.70
313DM45K3 FEDERAL NOME LOAN BANK AA+ Am NR 72720,5 8242018 1.350 5,000.000.00 5,04,535.0 5,000.0.0
381473300 GOLDMAN SACHS BAN K U SA NR NR NR &272014 5272018 1.650 2M,9 DO 250000.00 250,00000
02587CAY6 AMERICAN EXPRESS 8K FSB NR NR NR &262014 MBQO18 1$0 250,000.0 250,00000 250,00.00
9121 US TREASURY NOTE M+ Am AM 21122015 0/302018 1260 50X,9000 5,043,360.00 5016.183,21
704WRMS SALLE RAE 6ANK,SALTLKE NR NR NR 1185'2013 11202018 2.050 250.181000 251 250000,00
650035K80 NEW YORK ST URBAN DEVCORP REV AAA A-' AA, 121182014 X152019 1.900 5,0000000 5.904.900.00 5,01103,5`
313M4UU4 FEDERAL HOME LOAN BANK M+ NR OR 41292015 4292019 0626 4.700,00.00 4,15615120 4,753.222.80
130SSEKL3 CALIFORNIA BTG*UNLTD TXRL A+ Aa3 A+ 11248014 91/2019 1903 3.0m N0.00 3,040J40 DO 3.038.392SE
313379EE5 RE DFRAL HOME LOAN BANK M. Asa MR &162014 61142019 1.785 501 5030.310.0 4969,845.33
31315PM71 FEDERAL AGRIC MTG CORP NR NR NR 71172014 71172019 1.786 5000,DOOM 5,262.040.00 4989,201.33
31315PM71 FEDERAL AGRIC MTG CORP NR NR NR 71172014 7/178019 1813 S,D0,00.0 6,052940 DO 4,984.024.44
3133EDR20 FE D E RAL FAR M CR EDIT BAN K M+ Am PAA 7812054 724X59 1.912 1.885,000.00 1567,169,81 1.970,40822
31315PY94 FEDERAL AGRIC MORTGAGE ASSN MR NR NR &142014 8,142019 1.940 3,00,000.0 3,06.}95.0 3,00000
31315PT01 FARMER MAC NR NR NR 5/252014 81232019 1.765 5,00000.0 5,011,585.0 4,961,342.79
313CANJ5 FEDERAL HOME LOAN BANK AA. Aaa NR 6262614 8/262019 0.820 3,00020.0 3.4627500 3.032,636.89
313405GE6 FHLMC STEP-UP 19-15 AA- Am. AAA S272D14 B127M,9 1.50 2580,0000 2505,02326 2`.0,000.00
3136G253B FEDERAL NATL MORTGAGE ASSN AA- Aaa AAA 5,122015 9192019 0.600 5,000'0000 5,0857500 5,01139145
3T33EDU1'6 FEDERAL FARM CREDIT BANK AA. AAA AAA 91112014 91112019 1.830 5,00000.0 5067.72000 5,003,900.83
313383708 FEDERAL HOME LOAN BANK AA+ Aaa NR 10,32014 9N3201A 1820 500.00.90 5992105,0 5.034 764.49
3133EEEND FEDERAL!ARM CREDIT BANK AA- Aaa APA 11!12'0141,,122 90019 1,80 5. 0.00000 5935815.0 5000
00.00
3134G32Z2 FEDERAL HOME LOAN MTG CORP M- Aaa AAA 4fGOi5 1!82020 1.6S 5,909X_OD 4.950,65500 4,993AM 75
0250DXE3 AMERICAN EXPR CENTURION NR NR NR 11302015 1130200 1,956 250,000,00 2000X,00 250,0000
3136G2CP0 FEDERAL NATL MORTGAGE ASSN AA. Aaa AAA 11302015 1802020 1.700 4,25D.000 NI 4,228,55025 4,250.00.00
3134GMW FEDERAL NOME LOAN MTG CORP M+ A.. AAA 2,132015 21132020 1.80 6,0069000 5,932,002.0 5,6603890
313500064 FEDERAL NATL MORTGAGE ASSN AA+ Aaa AAA 2272015 2'72020 2.00 5,000,000.0 4,992,40500 5009000
3136A41(43 FEDERAL HOME LOAN BANK M. Am NR 31 1302020 1,60 500,00.0 5,012,58000 5,00,00.0
912628384 US TREASURY NOTE M. Am AM L82015 3818020 1.3.0 5,00.000.0 a,953,1250 5,010.245.12
130630504 CALI FGR NIA ST GO UN LTD TXBL A+ Aa3 A+ 4202015 4112020 1,60 5,000900.0'0 4,955,500.0 5,827.21332
3133EEYJ3 FEDERAL FARM CREDIT BANK M+ as AM 4!132015 4/132020 1.680 400,00,0 3.961,826.00 4,000,000.00
7127ICI PEOPLES UNITED BANK NA OR AMR NR 4!152015 0152020 T,SUB 250,00.0 2:+9,000.0 CEO."ED
313VA4VG4 FEDERAL HOME LOAN BANK AA- A. Na 4222015 4222026 1740 1,100.00000 1985,762.70 F.10.00,0
07933861 APPLEINC AA- Aa1 NR 5'12015 5162020 1.DEC 9,6250000 9,783,587.63 9.873,792,55
3laRI F7 FEDERAL NATL MORTGAGE ASSN AA- A,I, AM 5/192015 51IM1320 1.60 5,000.000 GO 4,944,205X 0,00000,0
912628000E US TREASURY NOTE AA. Am MA 6118015 5212020 1.50 4,00000.0 3.970064-W 3,999.385,27
3133ECUM FEDERAL FARM CREDIT BANK M• Aaa MA 882015 682020 1850 4.900.X.00 3,978,75605 4.000.9X.00
140420RXO CAPITAL ONE BAN K U SA N A NR MR NR &162015 6!102020 2.06 250,0080 248.764.37 248,16437
31 FEDERAL HOME LOAN BANK M- Am OR 652015 61122020 1.780 0,600XOOC LDSIS.415.0 4992,X360
313461896 FHLMCSTEP.UP M. Aaa AAA &3D2015 fi24 m 1.000 5,00,060 59019&5.0 500.00.0
3136G2L7C FEDERAL NATL MORTGAGE ASSN AA+ Aaa OR &302015 8/!02020 2060 4.650,00.00 4687,137.75 4.650.X.00
-Effective Duration:2.419 1.244 344,239,000,00 344,733,553.16 344,719,511.37
Source: U.S.S.Ok SafekeePIN
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