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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 3/31/2025
Cash $28,377,615 3%
Money Market Mutual Fund $6,330,841 0%
Commercial Paper $42,669,742 4%
Treasury $233,587,948 22%
Supranational $59,258,195 5%
Agency, $94,947,494 9%
Municipal $132,925,127 12%
MLGIP $483,320,090 45%
PORTFOLIO VALUE
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