HomeMy WebLinkAboutQuarterly Graphics 2
Cate20rv Called Redeemed Acquired
Investment pools nla $10.3 million $9.8 million
U.S. Treasuries nla $0 $0
U.S. agencies $0 $6.1 million $2 million
CD's nla $0 $1.0 million
Total $0 $16.4 million $12.8 million
The chart below illustrates the continued increase in investment income for the City's portfolio
earnings, which rose $5,000 from the previous quarter. As in the previous quarter, rising rates
lead to an unrealized loss in portfolio value, because City investments at fixed rates become less
valuable as rates rise elsewhere. Due to the City's buy-and-hold approach, however, this loss in
value remains unrealized, and the City receives full face value on all its holdings at maturity. In
other words -unrealized losses are more than offset by the realized gains in interest income.
CITY QUARTERLY INVESTMENT INCOME
LAST EIGHT QUARTERS 2003-05
$400,000
- r--
$350.000 -
$300,000 -
r--
$250,000 -
r-
-
$200.000 ..--- -
$150,000 - - I- -
$100,000 - - I- - -
$50,000 >--- - I- - I--
$- I I I I I I I
12131/03 3/31/04 6/30/04 9/30/04 12131/04 3/31/2005 6/30/2005 9/30/2005
IiNVEST. INCOME $194.880 I $202.694 I $197,769 I $213.566 I $235,928 I $265,015 I $355.212 I $360,087
Portfolio description and conformance to Policy regarding diversification and term
Holdings in all asset categories (Treasuries, agencies, CD's, and investment pools) stayed well
within the investment policy's asset allocation requirements. The chart below displays the City's
portfolio composition over the past year.
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