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county of ventura STEVEN HINTZTREASURER
TAX COLLECTOR
Don R. HansenAssistant Treasurer-Tax Collector
September 13,2011
Ventura County Board of SupervisorsCounty Government Center800 South Victoria AvenueVentura, CA 93009
SUBJECT: Discuss and File Report of Investments, including Market Values forInvestments, for the month ending July 31, 2011.
RECOMMEDATION: Discuss and File
FISCAL/MANDATES IMPACT: None
DISCUSSION:
The average daily portfolio balance for the month of July amounted to $ 1.9 billion. Theportfolio yield for the month of July was .87 %. The weighted average days to maturitydecreased 19 days to 334 days. The total net monthly earnings were $ 1.4 million. The portfoliohas been structured to satisfy the anticipated cash flow needs of the participants. The investmentpractices and portfolio holdings are in compliance with the new investment policy.
The portfolio has been managed with the stated objectives of safety, liquidity and earning acompetitive rate of return, outlined in the Statement of Investment Policy. In striving tomaintain the primary objective, safety of principal, the County portfolio has received a rating ofAAAf by Standard & Poor's, the highest possible ranking given by the agency. Regarding thesecondary objective, maintaining sufficient liquidity to meet cash flow needs, the portfolio israted S1+, also the highest ranking given by S&P. In light of the first two objectives theportfolio has on balance outperformed its benchmarks, satisfying the final objective, that ofearning a competitive rate of return.
Despite ongoing concerns about the crisis in Greece and other European countries, the focus ofthe markets shifted dramatically during the month to the U. S. The continuing impasse onraising the debt limit has raised the possibility of a downgrade of U. S. government debt. Thishas put pressure on equity markets and created uncertainty in the debt markets. While it isgenerally expected that some compromise will be reached to continue to fund governmentobligations there is less certainty that whatever deal is struck will be enough to avoid adowngrade of U. S. debt. There is currently no way of knowing what the ramifications are forinterest rates, based on this alone, but clearly they would not be good.
800 South Victoria Avenue, Ventura, CA 93009-1290www.venturapropertytax.org
While the focus of the markets was on Washington, economic data during the month appearedto show that the rate of growth for the economy was slowing. During the month the Fedproduced its "Beige Book", the review of economic conditions provided to the Federal OpenMarket Committee, the Fed's policy making body, prior to a meeting. In the report the Fedprovided these observations of the current environment.
• Economic activity continued to grow but the pace has moderated• Consumer spending increased overall with modest growth in non-auto retail sales• Activity among non-financial service sectors improved overall• Manufacturing activity expanded overall but capital spending plans were cautious• Residential real estate activity has remained weak though construction activity improved
The economic data released during the month reflected a slowing in economic activity. Non-farm payrolls rose by a mere 18,000 and the unemployment rate nudged up to 9.2%. Consumerconfidence figures moved lower, as did construction spending and orders for durable goods.The broadest measure of economic activity, the Gross Domestic Product, increased by only1.3% during the second quarter and the first quarter number was downward revised to just0.4%, while personal consumption was about unchanged.
Interest rates generally moved lower, particularly in the intermediate part of the Treasury curve.Long-term rates were lower by 10 to 35 basis points as investors pulled money out of foreignmarkets, U. S. equities and short-term debt and moved into longer-term securities to wait outthe debate in Washington.
Given the current interest rate environment we anticipate the County's yield to drop slightly.Further, we continue to seek investment opportunities in order to optimize earnings (U. S.Treasury Market graph attached).
Attached is a listing of market values provided by our custodian, Wells Fargo Bank, for allinvestments for the month ending July 31, 2011. GASB Statement no. 31 states that variancesbetween the cost of investments and the fair value of investments shall not be consideredbudgetary resources or uses of resources unless the value of investments is permanentlyimpaired because of decreased issuer creditworthiness or it is determined that the Treasurer beunable to hold investments to maturity.
The following spreadsheets are also attached:
• Transactions for the month of July• Listing of Securities by Type• Summary of Government Agency Securities
The following is a list of attached graphs:
• Portfolio Average Monthly Balance• Average Portfolio Maturity• Balance Yield Comparison by Month
• Portfolio Holdings By Instrument Type• Yield Curve, U. S. Treasury Market• Maturity Distribution
This letter has been reviewed and approved as to form by the CEO, the Auditor-Controller, andCounty Counsel.
Please call our Chief Investment Officer, Robert A. Hansen, at 654-3733 if you have anyquestions regarding this item.
Steven Hintz Robert A. HansenTreasurer-Tax Collector Chief Investment Officer
Exhibit 1 - Market Values of InvestmentsExhibit 2 - Monthly TransactionsExhibit 3 - Investment Inventory by TypeExhibit 4 - Summary of Government Agency SecuritiesExhibit 5 - Graphs
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SS£
Exh
ibit
1
WE
LL
S FA
RG
OInvestm
ents by Date
CO
UN
TY
OF
VE
NT
UR
A
AC
CO
UN
T: A
ll Acco
un
ts Selected
Asset D
escription 1 & 2
FED
NA
TL
MT
G A
SSN D
TD
05/21/10 1.500 06/26/2013FE
D N
AT
L M
TG
ASSN
DT
D 07/09/10 1.250 08/20/2013
FED
NA
TL M
TG
ASSN
DT
D 08/06/10 1.000 09/23/2013
FED
HO
ME
LN
MT
G C
OR
P DT
D 08/20/10 0.875 10/28/2013
FED
NA
TL
MT
G A
SSN D
TD
11/01/10 0.750 12/18/2013FE
D FA
RM
CR
ED
IT B
K D
TD
02/03/10 2.200 02/03/2014FE
D FA
RM
CR
ED
IT B
K D
TD
02/18/11 1.530 02/18/2014FE
D FA
RM
CR
ED
IT B
K D
TD
01/19/11 1.125 02/27/2014FE
D FA
RM
CR
ED
IT B
K D
TD
04/07/11 1.400 04/07/2014G
RA
ND
TO
TA
L
General R
eporting - Investm
ents by D
ateFrom
Month E
nd 07/31/201108/01/2011
10:19:15 AM
EO
T
Asset ID
31398AT
4431398A
X31
31398A2SO
3137EA
CL
131398A
5W8
31331JCV
331331K
CN
831331K
AH
331331K
GN
4
Maturity
Date
2013/06/262013/08/202013/09/232013/10/282013/12/182014/02/032014/02/182014/02/272014/04/07
Units
10,000,000.000045,000,000.0000
145,000,000.000055,000,000.000020,000,000.0000
3,200,000.00005,000,000.0000
22,465,000.000025,000,000.0000
FedT
ax Cost
$10,107,800.00$45,269,400.00
$145,649,900.00$54,755,950.00$19,826,600.00$3,272,480.00$5,000,000.00
$22,398,237.70$25,000,000.00
Market
Value
$10,198,300.00$45,647,100.00
$146,320,950.00$55,348,150.00$20,034,800.00$3,317,760.00$5,101,150.00
$22,688,526.75$25,421,750.00
Market
Unrealized G
ainPrice
Unrealized L
oss
101.983000101.438000100.911000100.633000100.174000103.680000102.023000100.995000101.687000
90,500.0000377,700.0000671,050.0000592,200.0000208,200.000045,280.0000
101,150.0000290,289.0500421,750.0000
1,842,878,000.0000 $1,848,610,788.75
$1,855,621,649.657,010,860.9000
Page 2
Exh
ibit
1
JULY
201
1 T
RA
NS
AC
TIO
NS
Tra
nsac
tion
Dat
eP
urch
ase/
P
ar
Sec
urity
S
ecur
ity
Mat
urity
Sal
e
Am
ou
nt
Typ
e N
ame
Dat
eY
ield
07/0
5/11
07/0
5/11
07/2
0/11
07/2
8/11
07/2
8/11
07/2
8/11
07/2
9/11
Pur
chas
eP
urch
ase
Sal
eS
ale
Sal
eS
ale
Sal
e
4.00
6.00
10.0
02
0.0
05.
004.
0030
.00
CP
CP
CP
GA
GA
GA
GA
GE
GE
GE
FF
CB
- D
NF
FC
B -
DN
FF
CB
- D
NF
FC
B -
DN
03/0
7/12
03/0
8/12
08/2
9/11
04/0
4/12
04/0
4/12
03/0
7/12
03/0
8/12
0.22
0.22
0.16
0.29
0.29
0.23
0.28
F:/T
reas
ury/
lnve
stin
g/C
urre
nt Y
ear/m
onth
lytra
des.
xls
Exh
ibit
2
(SIRPT)
VENTURA COUNTY TREASURY PORTFOLIO, STEVEN HINTZ, TREASURER
ROBERT HANSEN: INVESTMENT MANAGER (805) 654-3733
INVESTMENT
INVENTORY
INVESTMENTS OUTSTANDING AS OF
7/31/11
MAJOR SORT KEY IS ICC#
SETTLEMENT DATE BASIS
PAGE:
1RUN: 07/29/11
10:13:48
INVSMT
RRRRRRRRRRRRRRRRRRRRRRRRRR
NO.
36328
36617
36619
36621
36627
36628
36611
36612
36618
36622
36370
36362
36391
36616
36623
36620
36369
36392
36421
36399
36382
36388
36379
36493
36495
36440
SUBTOTAL
RRRRRRRRRRRR
36342
36624
36625
36373
36377
36460
36478
36613
36608
36610
36614
36445
DESCRIPTION
FHLB BONDS
FHLB BONDS
FHLB BONDS
FHLB BONDS
FHLB BONDS
FHLB BONDS
FHLB BONDS
FHLB BONDS
FHLB BONDS
FHLB BONDS
FHLB BONDS
FHLB BONDS
FHLB BONDS
FHLB BONDS
FHLB BONDS
FHLB BONDS
FHLB BONDS
FHLB BONDS
FHLB BONDS
FHLB-BONDS
FHLB BONDS
FHLB BONDS
FHLB BONDS
FHLB BONDS
FHLB BONDS
FHLB BONDS
(Inv Type) 22 FHLB BONDS
FEDERAL NATL MTG ASSN
FNMA BONDS
FNMA BONDS
FNMA BONDS
FNMA BONDS
FNMA BONDS
FNMA BONDS
FNMA BONDS
FNMA BONDS
FNMA BONDS
FNMA BONDS
FNMA BONDS
FUND
NO.
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
10031003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
MATURITY
(TICKER)
08/11/11
10/28/11
10/28/11
10/28/11
10/28/11
10/28/11
11/04/11
11/04/11
11/18/11
11/18/11
12/09/11
12/28/11
12/28/11
12/28/11
12/28/11
01/13/12
01/17/12
02/14/12
02/27/12
02/28/12
06/28/12
09/14/12
11/21/12
03/08/13
03/08/13
03/20/13
27.63%
11/23/11
01/09/12
01/09/12
01/12/12
01/12/12
08/10/12
08/10/12
10/30/12
11/09/12
12/28/12
12/28/12
02/22/13
PURCHASE
DATE
08/19/09
11/23/10
11/22/10
11/24/10
12/01/10
12/01/10
11/12/10
11/10/10
11/22/10
11/24/10
12/01/09
11/16/09
12/11/09
11/23/10
11/24/10
11/19/10
12/01/09
12/14/09
03/05/10
01/04/10
12/09/09
12/10/09
12/08/09
05/26/10
05/27/10
04/01/10
(C)
10/20/09
11/24/10
11/29/10
12/04/09
12/07/09
04/12/10
05/03/10
11/15/10
11/09/10
11/12/10
11/16/10
04/06/10
SAF/
PURP
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
CUPN
RATE
1.375
.240.240
.240
.240
.240
.250
.250
.260
.2601.125
1.000
1.000
1.000
1.000
.625
1.570
.9001.000
1.100
1.125
2.000
1.625
1.750
1.750
1.625
.766
1.000
2.000
2.000
.875
.875
1.750
1.750
.500.625
.375.375
1.750
TRDNG
YIELD
1.220
.281
.281
.281
.282
.282.294.294.304.304.840
1.082
1.000
.314.314.321
.820
1.030
1.000
1.320
1.170
1.411
1.440
1.459
1.506
1.708
.680
1.050
.315.314.976
1.000
1.320
1.240
.600.625
.607.622
1.822
BOOK
PRICE
100.301
99.962
99.962
99.962
99.962
99.962
99.957
99.957
99.957
99.957
100.569
99.829
100.000
100.751
100.749
100.349
101.578
99.722
100.000
99.535
99.886
101.589
100.533
100.790
100.661
99.760
100.184
99.896
101.891
101.868
99.790
99.741
100.981
101.137
99.806
100.000
99.510
99.481
99.798
PAR VALUE
SHARES
10,000,000.00
30, 000, 000.00
10,000,000.00
30,000,000.00
50, 000, 000.00
45,000,000.00
25,000,000.00
15, 000,000.00
15, 000,000.00
25,000,000.00
14, 500, 000.00
25,000,000.00
25,000,000.00
8,000,000.00
15,000,000.00
25,000,000.00
12,000,000.00
13,300,000.00
10,000,000.00
10,000,000.00
19,000,000.00
23, 000, 000.00
25,000,000.00
10, 000,000.00
10,000,000.00
10,000,000.00
509,800,000.00
10, 000, 000.00
20,000,000.00
4,000,000.00
20,000,000.00
27, 000, 000.00
20,000,000.00
10, 000,000.00
15,000,000.00
25,000,000.00
10,000,000.00
10,000,000.00
10,000,000.00
BOOK VALUE
10,030, 100.00
29,988, 600.00
9,996,200.00
29, 988, 600.00
49, 981,000.00
44, 982, 900.00
24,989,250.00
14, 993, 550.00
14,993,550.00
24, 989,250.00
14, 582, 505.00
24, 957,250.00
25,000,000.00
8,060,080.00
15,112, 350.00
25,087,250.00
12, 189,360.00
13,263, 026.00
10,000,000.00
9, 953, 500.00
18, 978,340.00
23, 365, 470.00
25,133,172.50
10,079,000.00
10,066,100.00
9, 976,000.00
510,736,403.50
9, 989, 600.00
20,378,200.00
4,074,720.00
19, 958,000.00
26, 930,070.00
20, 196,200.00
10,113,700.00
14, 970,900.00
25, 000, 000.00
9, 951,000.00
9,948, 100.00
9, 979,800.00
ORIGINAL FACE
10, 000, 000.00
30, 000,000.00
10,000,000.00
30,000, 000.00
50,000,000.00
45,000,000.00
25,000,000.00
15, 000,000.00
15,000,000.00
25, 000, 000.00
14,500,000.00
25,000,000.00
25,000,000.00
8,000,000.00
15,000,000.00
25,000,000.00
12, 000, 000.00
13, 300,000.00
10,000,000.00
10,000,000.00
19,000,000.00
23,000,000.00
25,000,000.00
10,000,000.00
10, 000, 000.00
10,000,000.00
509, 800,000.00
10,000,000.00
20,000,000.00
4, 000,000.00
20,000,000.00
27,000,000.00
20,000,000.00
10, 000,000.00
15,000,000.00
25,000,000.00
10,000,000.00
10, 000,000.00
10,000,000.00
Exh
ibit
3
(SIRPT)
VENTURA COUNTY TREASURY PORTFOLIO, STEVEN HINTZ, TREASURER
ROBERT HANSEN: INVESTMENT MANAGER (805) 654-3733
INVESTMENT
INVENTORY
INVESTMENTS OUTSTANDING AS OF 7/31/11
MAJOR SORT KEY IS ICC#
SETTLEMENT DATE BASIS
PAGE:
2RUN: 07/29/11
10:13:48
INVSMT
RRRRRRRRRRRRRRRRR
NO.
36447
36462
36683
36551
36673
36681
36707
36567
36568
36569
36598
36600
36602
36678
36695
36732
36699
SUBTOTAL
RRRRRRRRRRRRRRRRRRRRR
36343
36344
36345
36346
36347
36348
36349
36350
36351
36353
36615
36312
36313
36434
36437
36403
36458
36459
36452
36453
36456
DESCRIPTION
FNMA BONDS
FNMA BONDS
FNMA BONDS
FNMA BONDS
FNMA BONDS
FNMA BONDS
FNMA BONDS
FNMA BONDS
FNMA BONDS
FNMA BONDS
FNMA BONDS
FNMA BONDS
FNMA BONDS
FNMA BONDS
FNMA BONDS
FNMA BONDS
FNMA BONDS
(Inv Type) 23 FNMA BONDS
FEDERAL HOME LN MTG CORP
FEDERAL HOME LN MTG CORP
FEDERAL HOME LN MTG CORP
FEDERAL HOME LN MTG CORP
FEDERAL HOME LN MTG CORP
FEDERAL HOME LN MTG CORP
FEDERAL HOME LN MTG CORP
FEDERAL HOME LN MTG CORP
FEDERAL HOME LN MTG CORP
FHLMC BONDS
FHLMC BONDS
FHLMC BONDS
FHLMC BONDS
FHLMC BONDS
FHLMC BONDS
FHLMC-BONDS
FHLMC BONDS
FHLMC BONDS
FHLMC BONDS
FHLMC BONDS
FHLMC BONDS
FUND
NO.
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
MATURITY
(TICKER)
02/22/13
03/15/13
06/26/13
08/20/13
08/20/13
08/20/13
08/20/13
09/23/13
09/23/13
09/23/13
09/23/13
09/23/13
09/23/13
09/23/13
09/23/13
09/23/13
12/18/13
23.70%
12/15/11
12/15/11
12/15/11
12/15/11
12/15/11
12/15/11
12/15/11
12/15/11
12/15/11
12/15/11
03/14/12
03/23/12
03/23/12
04/25/12
04/25/12
01/09/13
04/11/13
04/11/13
04/15/13
04/15/13
04/15/13
PURCHASE
DATE
04/07/10
04/13/10
02/22/11
08/26/10
01/21/11
01/24/11
03/30/11
09/08/10
09/10/10
09/10/10
10/26/10
10/27/10
10/28/10
02/01/11
03/16/11
04/14/11
03/16/11
(C)
10/21/09
10/22/09
10/26/09
10/27/09
10/28/09
10/28/09
10/28/09
10/28/09
10/29/09
11/03/09
11/17/10
05/20/09
05/22/09
03/30/10
03/30/10
01/11/10
04/09/10
04/12/10
04/08/10
04/08/10
04/09/10
SAF/
PURP
200200
200
200
200
200200
200
200
200
200200
200
200
200
200200
200
200
200200200
200
200200200
200
200200
200
200200200
200
200200
200
200
CUPN
RATE
1.750
4.375
1.500
1.250
1.250
1.250
1.250
1.000
1.000
1.000
1.000
1.000
1.000
1.000
1.000
1.000
.750
1.196
1.125
1.125
1.125
1.125
1.125
1.125
1.125
1.125
1.125
1.125
1.720
2.125
2.125
1.125
1.125
1.375
1.720
1.720
1.625
1.625
1.625
TRDNG
YIELD
1.796
1.719
1.033
.930
1.029
1.020
1.060
1.000
1.025
1.000
.700
.690
.669
1.049
1.000
1.020
1.070
.965
1.201
1.186
1.275
1.189
1.121
1.182
1.132
1.117
1.174
1.125
.400
1.634
1.644
1.167
1.190
1.721
1.805
1.758
1.750
1.743
1.750
BOOK
PRICE
99.871
107.537
101.078
100.938
100.560
100.582
100.447
100.000
99.926
100.000
100.861
100.890
100.949
99.872
100.000
99.951
99.133
100.474
99.839
99.870
99.684
99.865
100.008
99.879
99.985
100.016
99.897
100.000
101.742
101.356
101.325
99.914
99.868
98.993
99.753
99.890
99.632
99.653
99.632
PAR VALUE
SHARES
25, 000, 000.00
10,000,000.00
10, 000, 000.00
10,000,000.00
5,000,000.00
10, 000, 000.00
20,000,000.00
10,000,000.00
10, 000, 000.00
10,000,000.00
25,000,000.00
25,000,000.00
25, 000, 000.00
10,000,000.00
20,000,000.00
10, 000, 000.00
20, 000, 000.00
436,000,000.00
10,000, 000.00
10,000,000.00
5, 000, 000.00
10, 000, 000.00
15,000,000.00
20,000,000.00
25,000,000.00
25, 000,000.00
10,000,000.00
10,000,000.00
10,000,000.00
10, 000,000.00
10,000,000.00
25,000,000.00
2,250,000.00
10, 000, 000.00
3,000,000.00
25,000,000.00
10,000,000.00
10,000,000.00
10,000, 000.00
BOOK
24, 967,
10,753,
10,107,
10,093,
5,028,
10,058,
20,089,
10,000,
9,992,
10,000,
25,215,
25,222,
25,237,
9, 987,
20,000,
9, 995,
19,826,
438, 065,
9,983,
9,987,
4, 984,
9,986,
15,001,
19,975,
24, 996,
25,004,
9,989,
10,000,
10, 174,
10, 135,
10,132,
24,978,
2, 247,
9,899,
2,992,
24, 972,
9,963,
9,965,
9,963, VALUE
750.00
700.00
800.00
800.00
000.00
200.00
400.00
000.00
600.00
000.00
250.00
500.00
250.00
200.00
000.00
100.00
600.00
440.00
900.00
000.00
200.00
500.00
200.00
800.00
250.00
000.00
700.00
000.00
200.00
600.00
500.00
500.00
030.00
300.00
590.00
500.00
200.00
300.00
200.00
ORIGINAL FACE
25, 000,000.00
10, 000, 000.00
10,000,000.00
10,000,000.00
5,000,000.00
10, 000, 000.00
20,000,000.00
10,000,000.00
10,000, 000.00
10,000,000.00
25,000,000.00
25, 000, 000.00
25,000,000.00
10,000,000.00
20,000,000.00
10, 000, 000.00
20,000,000.00
436, 000, 000.00
10,000,000.00
10, 000, 000.00
5, 000, 000.00
10,000,000.00
15,000,000.00
20,000, 000.00
25, 000, 000.00
25,000,000.00
10,000,000.00
10,000,000.00
10, 000, 000.00
10,000,000.00
10,000,000.00
25,000,000.00
2, 250, 000.00
10,000,000.00
3,000,000.00
25,000,000.00
10, 000, 000.00
10,000,000.00
10,000,000.00
Exh
ibit
3
(SIRPT)
VENTURA COUNTY TREASURY PORTFOLIO, STEVEN HINTZ, TREASURER
ROBERT HANSEN: INVESTMENT MANAGER (805) 654-3733
INVESTMENT
INVENTORY
INVESTMENTS OUTSTANDING AS OF 7/31/11
MAJOR SORT KEY IS ICC#
SETTLEMENT DATE BASIS
RUN:
PAGE:
307/29/11
10:13:48
INVSMT
RRRR
NO.
36701
36703
36704
36738
SUBTOTAL
RRRRRRRRRRRRRRRRRRRRRRRRRRRRRR
36110
36151
36162
36166
36636
36644
36647
36648
36311
36330
36387
36395
36404
36708
36706
36364
36715
36718
36724
36731
36713
36725
36726
36692
36693
36684
36672
36674
36714
36721
SUBTOTAL
DESCRIPTION
FHLMC BONDS
FHLMC BONDS
FHLMC BONDS
FHLMC BONDS
(Inv Type) 24 FHLMC BONDS
FFCB BONDS
FFCB BONDS
FFCB BONDS
FFCB BONDS
FFCB BONDS
FFCB BONDS
FFCB BONDS
FFCB BONDS
FFCB BONDS
FFCB BONDS
FFCB BONDS
FFCB BONDS
FFCB BONDS
FFCB BONDS
FFCB BONDS
FFCB BONDS
FFCB BONDS
FFCB BONDS
FFCB BONDS
FFCB BONDS
FFCB BONDS
FFCB BONDS
FFCB BONDS
FFCB BONDS
FFCB BONDS
FFCB BONDS
FFCB BONDS
FFCB BONDS
FFCB BONDS
FFCB BONDS
(Inv Type) 27 FFCB BONDS
FUND
NO.
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
1003
MATURITY
(TICKER)
10/28/13
10/28/13
10/28/13
10/28/13
17.32%
08/15/11
09/23/11
10/03/11
10/03/11
12/01/11
12/01/11
12/01/11
12/01/11
01/17/12
01/17/12
01/17/12
01/17/12
01/17/12
03/01/12
03/09/12
06/18/12
06/18/12
06/18/12
06/18/12
06/18/12
10/17/12
02/22/13
02/22/13
06/25/13
02/03/14
02/18/14
02/27/14
02/27/14
02/27/14
04/07/14
23.04%
PURCHASE
DATE
03/17/11
03/23/11
03/25/11
04/25/11
(C)
09/02/08
10/22/08
10/30/08
10/31/08
12/07/10
12/08/10
12/10/10
12/09/10
05/19/09
08/24/09
12/01/09
12/15/09
01/11/10
03/31/11
03/30/11
11/18/09
04/06/11
04/07/11
04/08/11
04/13/11
04/06/11
04/11/11
04/12/11
03/08/11
03/09/11
02/18/11
01/19/11
01/21/11
04/06/11
04/07/11
(C)
SAF/
PURP
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
CUPN
RATE
.875
.875
.875
.875
1.271
3.800
3.125
3.500
3.500
.300
.300
.300
.300
2.000
2.000
2.000
2.000
2.000
.280
.280
2.125
2.125
2.125
2.125
2.125
4.500
.900.900
1.375
2.200
1.530
1.125
1.125
1.125
1.400
1.582
TRDNG
YIELD
1.001
1.070
1.080
1.040
1.271
3.540
3.420
3.520
3.400
.295
.295
.295
.295
1.580
1.480
.825
1.050
1.030
.270
.281
1.261
.355
.386
.386
.386
.620
.820
.820
1.001
1.400
1.530
1.186
1.217
1.416
1.400
1.053
BOOK
PRICE
99.675
99.501
99.477
99.592
99.950
100.721
99.185
99.942
100.274
100.005
100.005
100.005
100.005
101.089
101.219
102.472
101.957
101.930
100.009
99.999
102.189
102.117
102.075
102.070
102.046
105.901
100.147
100.147
100.847
102.265
100.000
99.815
99.720
99.178
100.000
100.744
PAR
VALUE
SHARES
15,000,
10,000,
20, 000,
10,000,
320,250,
8, 500,
11,000,
28,000,
10, 000,
15, 000,
15,000,
25,000,
25, 000,
5,000,
10, 000,
13,000,
5,000,
7,500,
10,000,
22,500,
10, 007,
35,000,
25,000,
15,000,
15,000,
3,682,
25,000,
25,000,
2,974,
3,200,
5,000,
10,000,
10,000,
2,465,
25,000,
422,828,
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
BOOK VALUE
14,9,19,9,
320,8,
10,
27,
10,
15,
15,
25,
25,5,10,13,5,7,
10,
22,
10,35,
25,
15,
15,3,25,
25,2,3,5,9,9,2,25,
425,
951,250
950,100
895, 400
959,200
088, 420
561,285
910,350
983,760
027,400
000,750
000,750
001,250
001,250
054, 450
121,900
321,360
097, 850
644, 750
000,900
499,775
226,053
740, 950
518,750
310,500
306, 900
899, 274
036,750
036,750
999, 189
272, 480
000,000
981, 500
972,000
444, 737
000,000
973, 615
.00.00.00.00
.00
.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.23.00.00
.00.00.82.00.00.78.00.00.00.00.70.00
.53
ORIGINAL
15,000,
10,000,
20, 000,
10,000,
320,250,
8,500,
11,000,
28,000,
10,000,
15,000,
15,000,
25,000,
25,000,
5, 000,
10,000,
13,000,
5,000,
7,500,
10,000,
22,500,
10,007,
35,000,
25,000,
15,000,
15,000,
3,682,
25,000,
25,000,
2,974,
3,200,
5,000,
10,000,
10,000,
2, 465,
25, 000,
422,828,
FACE
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
R
36237 LOCAL AGENCY INV FUND
580 08/01/11 12/10/08
200
.507
.507 100.000
40,000,000.00
40,000,000.00
.00
Exh
ibit
3
(SIRPT)
VENTURA COUNTY TREASURY PORTFOLIO, STEVEN HINTZ, TREASURER
ROBERT HANSEN: INVESTMENT MANAGER (805) 654-3733
INVESTMENT
INVENTORY
INVESTMENTS OUTSTANDING AS OF
7/31/11
MAJOR SORT KEY IS ICC#
SETTLEMENT DATE BASIS
PAGE:
4RUN: 07/29/11
10:13:48
INVSMT
FUND
R
NO.
DESCRIPTION
36406 LOCAL AGENCY INV FUND
SUBTOTAL (Inv Type) 30 LOCAL AGENCY
RRRRRRRRRRR
36649 GENERAL ELECTRIC CAPITAL
36642 GENERAL ELECTRIC CAPITAL
36657 GENERAL ELECTRIC CAPITAL
36658 GENERAL ELECTRIC CAPITAL
36626 GENERAL ELECTRIC CAPITAL
36640 GENERAL ELECTRIC CAPITAL
36666 GENERAL ELECTRIC CAPITAL
36669 GENERAL ELECTRIC CAPITAL
36680 GENERAL ELECTRIC CAPITAL
36710 GENERAL ELECTRIC CAPITAL
36754 GENERAL ELECTRIC CAPITAL
NO.
580
INV
1001
10011001
1001
1001
1001
1001
1001
1001
1001
1001
SUBTOTAL (Inv Type) 82 COMMERCIAL PAPER
MATURITY
(TICKER)
08/01/11
FUN
2.70%
08/08/11
08/12/11
08/18/11
08/22/11
08/25/11
08/31/11
09/08/11
09/08/11
10/03/11
11/28/11
03/08/12
PURCHASE
DATE
01/15/10
(C)
12/09/10
12/08/10
12/21/10
12/21/10
11/30/10
12/07/10
01/06/11
01/10/11
02/03/11
04/01/11
07/05/11
SAF/
PURP
200
200
200
200
200200200200
200
200
200200
DIS
5.61%(C)
ASSETS
FIXED
CUPN
RATE
.507
.507
.360
.360
.350
.350
.370
.360
.350
.350
.350
.320
.220
.348
1.113
TRDNG
YIELD
.507
.507
.361
.361
.351
.351
.371
.361
.351
.351
.351
.321
.220
.349
.913
BOOK
PRICE
100.000
100.000
99.758
99.753
99.767
99.763
99.725
99.733
99.762
99.766
99.765
99.786
99.849
99.757
100.311
PAR
VALUE
SHARES
10, 000,
50, 000,
18,000,
10,000,
5, 000,
5,000,
10,000,
25,000,
8,000,
5,000,
7,000,
5,000,
6,000,
104,000,
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
000.00
1842878000.00
BOOK
10, 000,
50,000,
17, 956,
9,975,
4,988,
4,988,
9, 972,
24,933,
7, 980,
4,988,
6,983,
4,989,
5, 990,
103,746,
VALUE
000.00
000.00
440.00
300.00
333.33
138.89
455.56
250.00
944.44
284.72
530.56
288.89
943.33
909.72
1848610788.75
ORIGINAL FACE
18,000
10,000
5,000
5,000
10,000
25,000
8,000
5,000
7,000
5,000
6,000
104, 000
.00
.00
,000.00
,000.00
,000.00
,000.00
,000.00
,000.00
,000.00
,000.00
,000.00
,000.00
,000.00
,000.00
1792878000.00
Exh
ibit
3
GA summary
TOTAL PORTFOLIO =
FEDERAL AGENCIES
Federal Home Loan Bank
Federal National Mortgage Association
Federal Home Loan Mortgage Corporation
Federal Farm Credit Bank
NOTES
509.800
436.000
320.250
422.828
1,688.878
1,842.878
7/29/2011
Discount Notes
0.000
0.000
0.000
0.000
0.000
TOTAL
509.800
436.000
320.250
422.828
1,688.878
1,688.878
Per Cent of
Portfolio
27.66%
23.66%
17.38%
22.94%
91.64%
Page 1
Exhibit 4
7-11
INV.
PPT
POR
TFO
LIO
AV
ER
AG
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MO
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HL
Y B
AL
AN
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1100
1200
1300
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1600
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2000
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250
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Mon
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050100
150
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