HomeMy WebLinkAboutFifth Third Bank 65650026668727 Dec 2013 • • •
1231
FIFTH THIRD BANK
5050 KINGSLEY DRIVE
MD 1MDB2D
CINCINNATI, OHIO 45263
vrvrr.53.com
Internet Banking and Bill Payment
It is important for you to review the data reported in this statement and contact your Relationship Manager if you have any questions or concerns.
DIANE CORDRAY,CLERK TREASURER
CITY OF CARMEL t%
ONE CIVIC SQUARE
CARMEL,IN 46032-2584
2111
.;. , News and Information
•
Statements Included in This Mailing
Account Account Title Account Account Title
Q
65-65-002-6668727 CITY OF CARMEL LIQUIDITY MGMT 65-65-002-6668135 CITY OF CARMEL,INDIANA
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• • • 04-1231
------112.1)"1. Investment Account 65-65-002-6668727 12701/2013- 12/31/2013
FIFTH THIRD BANK CITY OF CARMEL LIQUIDITY MGMT
Investment Account 65-65-002-6668727 Fl TH THOM HANK
AS CUSTODIAN FOR
Account Contacts — CHERYL COOPER(317) 383-2795 ary OF CARMEL INDIANA
— THOMAS BLAIR(317) 383-2479 LIQUIDITY h1ANAGEMENT
—_GEORGIA CAMPBELL(317) 383-2279
I . : -w'INVESTMENT ALLOCATION SUMMARY I
o Cash and Equivalents- 2% Last Statement This Statement Percent of Est.Annual Estimated
o used Income- 9.8% Description Market Value Market Value Assets Income Yield
Cash and Equivalents $375,592,39 8372 505 l6 2% $1.,753.69 OS%
1- Fixed Income
514,600,942.50 $14,583,16150 98% $112,000.00 0.8%
Total Account Value $14,976,534.89 $14,955,672.66 1000/0 $113,753.69 0.8%
--^. Net change in total account value(0.1)^/o Decrease
ACCOUNT SUMMARY,-. . _ ACCOUNT OVERVIEW
Income Cash Principal Cash Investments* Total Current Period Calendar YID
Beginning Balance $12,530.49 5113,649.40 $14,850,355.00 31.4,976,534.89 Income Earned
Income $5,710.92 $5,710.92 Interest $5,710.92 532,093.59
Distributions $(8,965.65) $(8,965.65) Total Income Earned 55,710.92 $32,043.59
Change in Market Value 5(17,607.50) 5(17,607.50) Contributions
Ending Balance $9,275.76 5113,649.40 $14,832,747.50 $14,955,672.66 Cash $0.00 $15,000,000.00
In°esunents represent the acavltymyour eculry,bond s other securfq holdings Total Contributions $0.00 $15,000,000.00
Distributions
REALIZED,GAIN/{LOSS) SUMMARY. cst, 5(8,965.65) $(39,771.61)
Total Distributions 5(8,965.65) $(39,771.61)
Current Period )(TO Security Transactions
Purchases 30.06 5(15,619,759 96)
Short-term gain/Coss) $0.00 5112.15 Sales $0.06 $750,407.69
Long-term gain/(lcss) $0.00 $0.00 Net Security Transactions $0.00 5(14,869,39682)
Net realized gain/floss) $0.00 $112.15 Change in Market Value 5(17,607.50) $(36,599.32)
5
A . -- -- . INVESTMENT OBJECTIVE -
Capital Preservation
Capital preservation with an expectation of principal stability, and an emphasis on current income.
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Investment Account 65-65-002-6668727 Page 1 of 8
04-1231
___........4126 Investment Account 55-65-002-6668727 12/01/2013- 12/31/2613
FIFTH THIRD BANK CITY OF CARMEL LIQUIDITY MGMT
::�`. .; ,.,PORTFOLIO.POSITIONS ..
Current Market "7n of Cost Accrued Est.Annual Est.
Quantity Symbol Description Price Value Acct Basis Income Income Yield
Cash.;& Equivalents- !'.w�:� FLix
1,1600 CASH S1.000 $1.16 0.0% $1.16
250,000.0000 AMERICAN EXPRESS CENTURION BK $99.832 $249,580.00 l.7% $250,000.00 $792.36 $1,750.00 0.7%
07/18/13 0.700 07/20/15
CD
CUSIP-025870Q03
9,275.0000 FIFTH THIRD BANKSAFE TRUST $1.000 $9,275.00 0.1% $9,275.00 50.09 $0.28
(INCOME INVESTMENT)
CUSIP -316775907
113,649.0000 FIFTH THIRD BANKSAFE TRUST $1.000 $113,649.00 0.8% $113,649.00 $0.31 $3.41
CUSIP-316775907
Cash 1&Equivalents- Total $372,505.16 2.5% $372,925.16 $792.71 $1,753.69 0.5%
- . . - .
250,000,0000 ALLY BK MIDVALE UTAH $100.051 $250,127.50 1.7% $250,000.00 $978.08 $2,125.00 0.8%
07/17/13 0.850 07/I7/15
CD
CUSIP -02005Q3K7
250,000.0000 BMW BK NORTH AMER SALT LAKE $99.742 $249,355.00 1.7% $250,000.00 $62.50 $1,250.00 0.5%
06/13/13 0.500 06/15/15
CD
CUSIP-05568P3H8
250,000.0000 BEAL UK USA LAS VEGAS $99.926 $249,815.00 1.7% $250,000.00 $875.00 0.43V
07/17/13 0.350 07/16/14
Co
CUSIP- 07370V2D9
250,000.0000 DISCOVER BK $99.771 $249,427.50 1.7% $250,000.00 $135.42 $1,250.00 0.5%
05/22/13 .500 05/22/15
CD
CUSIP- 254671PJ3
1,500,000.0000 FEDERAL HOME LOAN BANK $100.126 $1,501,890.00 10.0% 51,501,47750 $854.17 $7,500.00 0.5%
Investment Account 65-65-002-6666727 -v-� Page 2 of 6
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Investment Account 65-65-002-6868727 12/01/2013- 12/31/2013
FIFTH THIRD BANK CITY OF CARMEL LIQUIDITY MGMT
. . PORTFOLIO POSITIONS (continued)
Current Market % of Cost Accrued Est.Annual Est.
Quantity Symbol Description Price Value Acct Basis Income Income Yield
Fixed Income jcontinued ,J
08/23/12 0.500 11/20/15
CUSIP- 313380L96
1,500,000.0000 FANNIE MAE $100.265 $1,503,975.00 10.1% $1,504,050.00 $708.33 $7,500.00 0.5%
04/19/12 0.500 05/27/15
CUSIP-3135G0KM4
1,500,000.0000 FANNIE MAE $100.239 $1,503,585.00 10.1% $1,506,180.00 $3,729.17 57,500.00 0.5%
05/21/12 0.500 07/02/15
CUSIP-3135G0LN1
1,500,000.0000 FANNIE MAE 5100.177 $1,502,655.00 10.0% $1,506,006.00 $1,937.50 $7,500.00 0.5%
08/17/12 0.500 09/28/15
CUSIP -3135G0NV1
1,500,000.0000 FANNIE MAE 599.847 51,497,705.00 10.0% $1,499,641.50 $156.25 55,625.00 0.4%
11/16/12 .375 12/21/15
CUSIP- 3135G0580
1,500,000.0000 FANNIE MAE 5103.161 $1,547,415.00 10.3% $1,561,170.00 $15,140.62 $35,625.00 2.3%
06/14/10 2.375 07/28/15
CUSIP- 31398AU34
1,500,000.0000 FANNIE MAE $102.185 $1,532,775.00 10.2% $1,540,441.50 $4,401.04 $24,375.00 1,6%
09/27/10 1.625 10/26/15
oo
CUSIP-31398A4M1
R 250,000.0000 GE CAPITAL BANK 599,547 $248,867.50 1.7% $250,000.00 5117.12 $1,125.00 0.5%
05/24/13 .450 05/26/15
_ CD
CUSIP -361603QC5
250,000.0000 GOLDMAN SACHS SK USA NY 599.485 5248,712.50 1.7% $250,000.00 $109.59 $1,000.00 0.4%
05/22113 .400 05/22115
_ CD
CUSIP- 381477FF4
m 250,000.0000 GOLDMAN SACHS BK USA NY $99.297 $248,242.50 1.7% $250,000.00 $136.99 $1,250.00 0.5%
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05/22/13 .500 11/23/15
R CD
Investment Account 65-65-002-6668727 Page 3 of 8
04-1231
'4��1. Investment Account 65-65-002-6665727 12/01/2013- 12/31/2013
FIFTH THIRD BANK CITY OF CARMEL LIQUIDITY MGMT
- , . - ' �.. = PORTFOLIO POSITIONS (continued)
Current Market "/o of Cost Accrued Est. Annual Est.
Quantity Symbol Description Price Value Acct Basis Income Income Yield
_ .
(Continued)
CUSIP-38147JFG2
250,000.0000 KEY BK NATL ASSN OHIO $99,706 $249,265.00 1.78'n $250,000.00 $121.88 $1,125.00 0.5%
05/22/13 0.450 11/23/15
CD
CUSIP-49306SRV0
250,000.0000 MERRICK BK CORP 5TH JORDAN UT $99.770 $249,425.00 1.7% $250,000.60 $27.40 $1,000.00 0.4%
05/22/13 .400 05/22/15
CD
CUSIP -59012Y307
250,000-0000 STERLING SVGS BK WA $99.771 $249,927.50 1.7% $250,000.00 $109.59 $1,000.00 0.4%
05/22/13 .400 05/22/15
CD
CUSP-8595316V2
250,000.0000 SYNOVLJS BANK $99.751 $249,377.50 1.7% 5250,000-00 544.52 $1,250.00 0.5%
06/19/13 0.500 06/19/15
CD
CUSIP- 8716400E7
1,250,000.0000 US TREASURY NT $100.090 $1,251,125.00 8.4% $1,250,492.47 5274,73 $3,125,00 0.2%
11/30/12 0.250 11/30/14
CUSIP- 912028T13
Fixed Income- Total $14,583,167.50 97.5% $14,619,458.97 $29,044.90 $112,000.00 0.8%
Total Portfolio Positions $14,955,672.66 100.0% $14,992,384.13 S29,837,61 $113,753.69 0.80/0
Investment Account 65.65-002-6668727 Page 4 of B
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• 41;711".."" Investment Account 65-65-002-6668727 12101/2013 - 12/31/2013
FIFTH THIRD BANK CITY OF CARMEL LIQUIDITY MGMT
;q4 ..,, : BOND,MATURITY.:SCHEDULE -
YEARS TO MATURITY PAR VALUE °/a OF TOTAL
1 Year or Less $12,500,000
1 Year or Less $1,250,000 10.60% $10,500,000
Total 1 Year or Less $1,250,000 10.60% 510000.000
2 to 5 Years
2 Years $10,500,000 89.40% 57.500,000
Total 2 to 5 Years $10,500,000 89.40%
Total Bonds $11,750,000 100.00% 55,000.000
52.500 000 - "%T•` "...`
$1,250,000 -`
so
1 Year or Less 2 to 5 Years
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Investment Account 65-65-002-6668727 Page 5 of 8
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Investment Account 65-65-002-6668727 12/01/2013- 12/31/2013
FIFTH THIRD SANK CITY OF CARMEL LIQUIDITY MGMT
"ACCOUNT ACTIVITY
Cast Income Principal
Date Description Basis Cash Cash
Corporate Interest _ e, �.
12/13/13 BMW BK NORTH AMER SALT LAKE 5626.71
06/13/13 0.500 06/15/15
CD
INTEREST.50 PAYABLE 12/13/13
ON 250,000 PAR VALUE
12/19/13 SYNOVUS BANK 5626 71
06/19/13 0.500 06/19/15
Co
INTEREST.50 PAYABLE 12/19/13
ON 250,000 PAR VALUE
12/23/13 FANNIE MAE $2,812.50
1.1/16/12 .375 12/21/15
INTEREST.375 PAYABLE 12/21/13
ON 1,500,000 PAR VALUE
12/23/13 MERRICK BK CORP 5TH JORDAN UT 582.19
05/22/13.400 05/22/15
CO
INTEREST.40 PAYABLE 12/22/13
ON 250,000 PAR VALUE
Total Corporate Interest $4,148.11
Uo-S:Goveinnient InterestE_a ; ._ ,. >_
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12/02/13 US TREASURY NT $1,562.50
11/30/12 0.250 11/30/19
INTEREST.25 PAYABLE 11/30/13
ON 1,250,000 PAR VALUE
Total U.S. Government Interest $1,562.50
Investment Account 65-65-002-6668727 F- Page 6 of 8
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Investment Account 65-65-002-6668727 12/01/2013- 12/31/2013
FIFTH THIRD BANK CITY OF CARMEL LIQUIDITY MGMT
ACCOUNT ACTIVITY (continued)
Cost Income Principal
Date Description Basis Cash Cash
Other.Incofne.
•
12/02/13 FIFTH THIRD BANKSAFE TRUST $0.01
INTEREST
12(02/13 FIFTH THIRD BANKSAFE TRUST $0.30
INTEREST
Total Other Income $0.31
Cash Distributions*:; ,.., ..... _ _ .;.
12/31/13 TRANSFER FUNDS TO ODA XXXX-3427 $(7,218.00)
PER REQUEST
Total Cash 0istributions S(7,218.00)
. Trustee/Agent Compensation
12/20/13 FIFTH THIRD BANK 5(1,747.65)
COMPENSATION AS OF 11/30/13
Total Trustee/Agent Compensation $(1,747.65)
:H Cash Equivalents Sales ;.
12131/13 FIFTH THIRD BANKSAFE TRUST $(3,255.00) 53,255.00
MONTHLY MONEY MARKET WITHDRAWAL
Total Cash Equivalents Sales $(3,255.00) $3,255.00
* * * * End of statement for Investment Account 65-65-002-6668727
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Investment Account 65-65-002-6668727 Page 7 of 8
401 Investment Account 65-65-002-6668727
FIFTH THIRD BANK 12/01/2013- 12/31/2013
CITY OF CARMEL LIQUIDITY MGMT
EXPLANATION.OE_INVESTMENT MANAGEMENT AND TRUST ACCOUNT TERMS
Fifth Third receives payments known as revenue sharing from certain mutual fund families and may receive 5nandat incentves for the tale of certain mutual funds. Fifth Third may benefit financially from the receipt of revenue sharing payments from the
advisers and o;sfrjbu:ors of the mutual fund families. Revenue sharing payments are in addition to standard sales hats,annual service fees[referred tO as Sue !Ib-1 fees),expense reimbursements,sub•transfer agent fees for maintaining.customer account
information, providing administrative services for the mutual funds(shareholder accounting and networking Fees), and any reimbursement for education,marketing support and training-related expenses.For more information about fees,please ask your
relationship manarer,
The bank may allow cash to be overdrawn from time tO time IF there is insufficient available cash in the account to fund the account's obligations.However,subsequent additions of Cash to the account may be rltaintained as a nontinteract bearing deptoit
in the account for such time as required so that the time and dollar-weighted basis is equivalent to the time and dollar-weighted basis of the aggregated overdraft balances, These non-Interest bearing deposes are Intended to compensate the bank for any
overdrafts that previously occurred
Distributions paid by check from plans are processed through an omnibus account in the name of Fifth Third dank. The float period on distributions commences upon the issuance of the distribution check. The float period on distributions ends upon the
earlier of: presentation of the eistrib=ration check for payment,or the expiration of ISO days(wherein such un-cashed amounts will be placed back into the trust or the distributing plan). Float earnings associated wit,the payments are retained as
compensation For handling of benefit payments.Distributions paid by direct deposit, or wire, de not generate Poet earnings. Contributions receiver by Fifth Third Bank pending investment direction tram plan hcroades will be processed through an
omnibus account in the name of Fifth Third Bank. Float earnings associated with contributions are retained as compensation for handling contribution receipts, Contributions received where there are standing investment directions. or which are received
with spec&& investment directions will not generate float earnings. The float earnings received are calculated daily using the current elective federal funds rate that is specified at the Frew York Fed iebsite:
http',Nwww,rtes:yorkfed.orgfmarkets)omo/dmmj:edFundsdatatins.
Realized Giin/{Loss)on Sale of Securities-has been computed by comparing:he selling price of securities to the cost data.Although figures are intended to be accurate,the cost data and realized gain/(loss)data should not be used for ax aurposes.
Please consult your tax advisor.
The Current Prices and Est.Annual Income shown herein are obtained from sources that we believe are reliable, but they are not guaranteed and are listed for purposes of information only. The Est Yield shown herein represents the income
distribution rate that is determined by dividing the est annual income by the market value. This statement may include certain assets or class of assets,including but not limited to,non-publicly traded and infrecuently traded securities,pooled private
nvestments,derivatives parmershlp interest:,and tangible assets for which there is no readily available market value. The values previdec in this statement for such assets are internally generated estimates or values which may have been provided to us by
third parties who may not be independent of the issuer or manager. These valuations are unaudited and not guarantee for accuracy, reliable value or currency. Such valuations are generally based on the most recent values provided or esjmated.
However,updates and estimates are only obtained on an infrequent basis. life Insurance policies, with the exception of Term policies and Group policies,are priced at feast annually based on information provided by the issuer. Term Life and Group Life
policies are valued at 5].50. The market value ear-Metidn furnished on this statement has been obtained from sources that we believe to be reliable and is furnished lar the exclusive use of the clerk. IYe make no representation,warranty or guarantee,
express or implied, tat any stated value represents the actual price at which the asset could be bought or Sold or new transactions could be entered into=or that such value represents the actual terms upon which existing transactions could be completed,
A doonally,you may not rely on t.IS valuation for tax reporting,credit applications,etc.
The Change In Market Value represents the portion of the overall change in your investment account balance between This Statement ant Last Statement that is the result o:cianges in the value of the securities helm in your portfolio due to market
fluctuations.
The Net change in total account value% represents the percentage that your Total account Value i creased or cep-eased bebveen This Statement and Las:Statement. ]t is calculated by subtracting Total Account Value Last Statement from Total
Account Value This Statement and then dividing by Total Account Value Last Statement. This percentage change Coes not represent the investment performance of your account.
A copy Of the most recent audited financial statements for your common or collective fund holdings or a copy of the prospectus for any of your mutual font htidings is available upon recu:a. Please contact your trust officer for guicance on hew to
request a coPR
Fifth Third Bancorp provides access to investments and investment services through various subsidiaries.
Securities,Investments and Investment Services:
Are Not FDIC Insured Offer No Bank Guarantee May Lose Value
Cf.?2012 Fifth Third Bank Are Not Insured By Any Federal Government Agency Are Not A Deposit
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