MDTA Finance and Administration Committee Meeting Materials

7

Portfolio Composition & Compliance – Maturity Distribution

Maturity Distribution - General / M&O

3/31/2026

$100.0 $120.0

Maturity

Market

Distribution

Value ($M)

0 - 1 Yr 1 - 2 Yrs 2 - 3 Yrs 3 - 4 Yrs 4 - 5 Yrs 5 + Yrs

$25.0 $56.2

$0.0 $20.0 $40.0 $60.0 $80.0

$119.3 $94.1 $71.7 $41.6 $407.9

Total

0 - 1 Yr

1 - 2 Yrs 2 - 3 Yrs 3 - 4 Yrs 4 - 5 Yrs

5 + Yrs

 Total Return reserve accounts align durations with benchmark indices. o Dispersion of maturities reduces yield curve concentration risk & benchmark tracking error.

o General Account: Staggered maturities, 1-month to 5-years. o M&O Account: Staggered maturities, 1-month to 15-years.

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