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Portfolio Composition & Compliance – Security Composition High quality and diversified portfolio o Security type allocations based on: o Cash Flow Needs o Relative Value Opportunities - higher yield for similar maturities and credit risk o Large allocation to MLGIP given compelling rates at the short end of the yield curve o Minimizing credit risks associated with ratings downgrades and/or defaults Market Value as of 6/30/2026
Cash $37,861,155 1%
Commercial Paper $19,628,347 1%
MLGIP, $567,336,949 20%
Money Market Mutual Fund $207,141,163 7%
Treasury $1,365,959,560 49%
Municipal $135,219,015 5%
Agency $433,253,720 16%
Supranational $38,229,047 1%
PORTFOLIO VALUE
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