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HomeMy WebLinkAboutFifth Third 65650026668727 Jan 2014 411 0 • 04-0131 71 Investment Account 65-65-002-6668727 01/01/2014-01/31/2014 FIFTH THIRD BANK CITY OF CARMEL LIQUIDITY MGMT Investment Account 65-65-002-6668727 FIFTH THIRD BANK AS CUSTODIAN FOR Account Contacts — CHERYL COOPER(317) 383-2795 CITY OF CARMEL,INDIANA — THOMAS BLAIR(317) 383-2479 LIQUIDITY MANAGEMENT — GEORGIA CAMPBELL(317}383-2279 r_____. �� INVESTMENT ALLOCATION SUMMARY 1 ❑ Cash and Equivalents- 3%i Last Statement This Statement Percent of Est.Annual Estimated o Fixed Income- 97� Description Market Value Market Value Assets Income Yield Cash and Equivalents $372,505.16 $394,660.79 3% $1,754.34 0.4% Fixed Income $14,583,167.50 $14,594,742.50 97% $112,000.00 0.8% Total Account Value $14,955,672.66 $14,989,403.29 100% $113,754.34 0.8% Net change in total account value 0.2%Increase ti v .. ACCOUNT SUMMARY . ACCOUNT OVERVIEW Income Cash Principal Cash Investments* Total Current Period Calendar YTD Beginning Balance $9,275.76 $113,649.40 $14,832,747.50 $14,955,672.66 Income Earned Income $23,601.20 $23,601.20 Interest $23,601.20 $23,601.20 Distributions $(1,745.57) $(1,745.57) Total Income Earned $23,601.20 $23,601.20 Change in Market Value $11,875.00 $11,875.00 Distributions Ending Balance $31,131.39 $113,649.40 $14,844,622.50 $14,989,403.29 Cash $(1,745.57) $(1,745.57) *Investments represent the activity in your equity,bond&other security holdings Total Distributions $(1,745.57) $(1,745.57) Change in Market Value $11,875.00 $11,875.00 : =; REALIZED GAIN/(LOSS) SUMMARY . Current Period YTD g Short-term gain/(loss) $0.00 $0.00 P Long-term gain/(loss) $0.00 $0.00 Net realized gain/(loss) $0.00 $0.00 M n 2 • INVESTMENT OBJECTIVE z a Capital Preservation Capital preservation with an expectation of principal stability, and an emphasis on current income. 0 m L 0 0 a Investment Account 65-65-002-6668727 Page 1 of 8 04-0131 _ 47I; Investment Account 65-65-002-6668727 01/01/2014- 01/31/2014 FIFTH THIRD BANK CITY OF CARMEL LIQUIDITY MGMT PORTFOLIO POSITIONS Current Market O/a of Cost Accrued Est.Annual Est. Quantity Symbol Description Price Value Acct Basis Income Income Yield Cash &Equivalents 1 0.7900 CASH $1.000 $0.79 0.0% $0.79 250,000.0000 AMERICAN EXPRESS CENTURION BK $99.952 $249,880.00 1.7% $250,000.00 $48.61 $1,750.00 0.7% 07/18/13 0.700 07/20/15 CD CUSIP- 02587DQD3 31,131.0000 FIFTH THIRD BANKSAFE TRUST $1.000 $31,131.00 0.2% $31,131.00 $0.04 $0.93 (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&Equivalents- Total $394,660.79 2.6% $394,780.79 $48.96 $1,754.34 0.4% Fixed Income. 250,000,0000 ALLY BK MIDVALE UTAH $100.156 $250,390.00 1.7% $250,000.00 $87.33 $2,125.00 0.8% 07/17/13 0.850 07/17/15 CD CUSIP- 02005Q3K7 250,000.0000 BMW BK NORTH AMER SALT LAKE $99.846 $249,615.00 1.7% $250,000.00 $166.67 $1,250.00 0.5% 06/13/13 0.500 06/15/15 CD CUSIP- 05568P3H8 250,000.0000 BEAL BK USA LAS VEGAS $99.967 $249,917.50 1.7% $250,000.00 $875.00 0.4% 07/17/13 0.350 07/16/14 CD CUSIP-07370V2D9 250,000.0000 DISCOVER BK $99.871 $249,677.50 1.7% $250,000.00 0 $239.58 $1,250.00 0.5/° 05/22/13 .500 05/22/15 CD CUSIP- 254671PJ3 1,500,000.0000 FEDERAL HOME LOAN BANK $100.228 $1,503,420.00 10.0% $1,501,477.50 $1,479.17 $7,500.00 0.5% Investment Account 65-65-002-6668727 Page 2 of 8 w ill • 4110 • 04-0131 -� ®�� Investment Account 65-65-002-6668727 01/01/2014-01/31/2014 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 . . (continued) 08/23/12 0.500 11/20/15 CUSIP-313380L96 1,500,000.0000 FANNIE MAE $100.330 $1,504,950.00 10.0% $1,504,050.00 $1,333.33 $7,500.00 0.5% 04/19/12 0.500 05/27/15 CUSIP-3135G0KM4 1,500,000.0000 FANNIE MAE $100.315 $1,504,725.00 10.0% $1,506,180.00 $604.17 $7,500.00 0.5% 05/21/12 0.500 07/02/15 CUSIP-3135G0LN1 1,500,000.0000 FANNIE MAE $100.304 $1,504,560.00 10.0% $1,506,006.00 $2,562.50 $7,500.00 0.5% 08/17/12 0.500 09/28/15 CUSIP-3135G0NV1 1,500,000,0000 FANNIE MAE $100.068 $1,501,020.00 10.0% $1,499,641.50 $625.00 $5,625.00 0.4% 11/16/12 .375 12/21/15 CUSIP- 3135605130 1,500,000.0000 FANNIE MAE $103.080 $1,546,200.00 10.3°k $1,561,170.00 $296.87 $35,625.00 2.3% 06/14/10 2.375 07/28/15 CUSIP-31398AU34 1,500,000.0000 FANNIE MAE $102.244 $1,533,660.00 10.2% $1,540,441.50 $6,432.29 $24,375.00 1.6% 09/27/10 1.625 10/26/15 rn CUSIP-31398A4M1 co 0 0 0 250,000.0000 GE CAPITAL BANK $99.660 $249,150.00 1.7% $250,000.00 $212.67 $1,125.00 0.5% 5 05/24/13 .450 05/26/15 o CD IQ CUSIP- 36160]QC5 z Q 250,000.0000 GOLDMAN SACHS BK USA NY $99.602 $249,005.00 1.7% $250,000.00 $194.52 $1,000.00 0.4% M 05/22/13 .400 05/22/15 CD CUSIP-38147JFF4 cc 250,000.0000 GOLDMAN SACHS BK USA NY $99.446 $248,615.00 1.7% $250,000.00 $243.15 $1,250.00 0.5% 05/22/13 .500 11/23/15 g CD Investment Account 65-65-002-6668727 Page 3 of 8 04-0131 .---- 4111';}r`•°---, Investment Account 65-65-002-6668727 01/01/2014-01/31/2014 FIFTH THIRD BANK CITY OF CARMEL LIQUIDITY MGMT �r .. PORTFOLIO POSITIONS ,n- (continued) Current Market %of Cost Accrued Est.Annual Est. Quantity Symbol Description Price Value Acct Basis Income Income Yield ( Fixed Income (continued) CUSIP- 381471F02 250,000.0000 KEY BK NATL ASSN OHIO $99.868 $249,670.00 1.7% $250,000.00 $215.63 $1,125.00 0.5% 05/22/13 0.450 11/23/15 CD CUSIP-49306SRV0 250,000.0000 MERRICK BK CORP STH JORDAN UT $99.870 $249,675.00 1.7% $250,000.00 $27.40 $1,000.00 0.4% 05/22/13 .400 05/22/15 CD CUSIP- 59012Y3D7 250,000.0000 STERLING SVGS BK WA $99.871 $249,677.50 1.7% $250,000.00 $194.52 $1,000.00 0.4% 05/22/13 .400 05/22/15 CD CUSIP-8595316V2 250,000.0000 SYNOVUS BANK $99.856 $249,640.00 1.7% $250,000.00 $150.68 $1,250.00 0.5% 06/19/13 0.500 06/19/15 CD CUSIP-87164DDE7 1,250,000.0000 US TREASURY NT $100.094 $1,251,175.00 8.3% $1,250,492.47 $540.87 $3,125.00 0.2% 11/30/12 0.250 11/30/14 CUSIP-912828TZ3 Fixed Income-Total $14,594,742.50 97.4% $14,619,458.97 $15,606.35 $112,000.00 0.8% Total Portfolio Positions $14,989,403.29 100.0% $15,014,239.76 $15,655.31 $113,754.34 0.8% Investment Account 65-65-002-6668727 ,: Page 4 of 8 ID 0 0 • fa 04-0131 13 Investment Account 65-65-002-6668727 01/01/2014- 01/31/2014 FIFTH THIRD BANK CITY OF CARMEL LIQUIDITY MGMT 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% 510,000,000 : 2to5Years 2 Years $10,500,000 89.40% 57,500,000 ' °� Total 2 to 5 Years $10,500,000 89.400/0 _1% Total Bonds $11,750,000 100.00% $5,000,040 `` ` - 52.500.000 $1,250,000 1 Year or Less 2 to 5 Years r1 O O 0 z z O O O] O Investment Account 65-65-002-6668727 Page 5 of 8 04-0131 Investment Account 65-65-002-6668727 01/01/2014-01/31/2014 FIFTH THIRD BANK CITY OF CARMEL LIQUIDITY MGMT ACCOUNT ACTIVITY Cost Income Principal Date Description Basis Cash Cash Corporate Interest 01/02/14 FANNIE MAE $3,750.00 05/21/12 0.500 07/02/15 INTEREST.50 PAYABLE 01/02/14 ON 1,500,000 PAR VALUE 01/17/14 ALLY BK MIDVALE UTAH $1,071.23 07/17/13 0.850 07/17/15 CD INTEREST.85 PAYABLE 01/17/14 ON 250,000 PAR VALUE 01/21/14 AMERICAN EXPRESS CENTURION BK $882.19 07/18/13 0.700 07/20/15 CD INTEREST.70 PAYABLE 01/21/14 ON 250,000 PAR VALUE 01/22/14 MERRICK BK CORP 5TH JORDAN UT $84.93 05/22/13 .400 05/22/15 CD INTEREST.40 PAYABLE 01/22/14 ON 250,000 PAR VALUE 01/28/14 FANNIE MAE $17,812.50 06/14/10 2.375 07/28/15 INTEREST 2.375 PAYABLE 01/28/14 ON 1,500,000 PAR VALUE Total Corporate Interest $23,600.85 Other income. :.. . ... ._ 01/02/14 FIFTH THIRD BANKSAFE TRUST $0 04 INTEREST 01/02/14 FIFTH THIRD BANKSAFE TRUST $0.31 INTEREST Total Other Income $0.35 Investment Account 65-65-002-6668727 V, Page 6 of 8 • 411 • 04-0131 Investment Account 65-65-002-6668727 01/01/2014-01/31/2014 FIFTH THIRD BANK CITY OF CARMEL LIQUIDITY MGMT ACCOUNT ACTIVITY (continued) Cost Income Principal Date Description Basis Cash Cash Trustee/Agent.Compensation 01/23/14 FIFTH THIRD BANK $(1,745.57) COMPENSATION AS OF 12/31/13 Total Trustee/Agent Compensation $(1,745.57) Cash Equivalents Purchases 01/31/14 FIFTH THIRD BANKSAFE TRUST $21,856.00 $(21,856.00) MONTHLY MONEY MARKET DEPOSIT Total Cash Equivalents Purchases $21,856.00 $(21,856.00) * * * * End of statement for Investment Account 65-65-002-6668727* * * * M O W O O 0 z 07 O Investment Account 65-65-002-6668727 Page 7 of 8 Investment Account 65-65-002-6668727 FIFTH. THIRD BANK 01/01/2014- 01/31/2014 CITY OF CARMEL LIQUIDITY MGMT I EXPLANATION OF INVESTMENT MANAGEMENT AND TRUST ACCOUNT TERMS J Fifth Third receives payments known as revenue sharing from certain mutual fund families and may receive financial incentives for the sale of certain mutual funds.Fifth Third may benefit financially from the receipt of revenue sharing payments from the advisers and distributors of the mutual fund families.Revenue sharing payments are in addition to standard sales loads,annual service fees(referred to as Rule 12b-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 manager. 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 maintained as a non-interest bearing deposit 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 deposits 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 Bank. 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 distribution check for payment,or the expiration of 180 days(wherein such un-cashed amounts will be placed back into the trust of the distributing plan). Float earnings associated with the payments are retained as compensation for handling of benefit payments. Distributions paid by direct deposit, or wire, do not generate float earnings, Contributions received by Fifth Third Bank pending investment direction from plan fiduciaries 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 specific investment directions will not generate float earnings. The float earnings received are calculated daily using the current effective federal funds rate that is specified at the New York Fed website: httpillwww.newyorkfed.org/markets/omo/dmm/fedfundsdata.cfm. Realized Gain/(Loss)on Sale of Securities-has been computed by comparing the 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 tax purposes. 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 infrequently traded securities, pooled private investments,derivatives,partnership interests,and tangible assets for which there is no readily available market value. The values provided 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 guaranteed for accuracy, reliable value or currency. Such valuations are generally based on the most recent values provided or estimated. 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 least annually based on information provided by the issuer. Term Life and Group Life policies are valued at 51.00. The market value information furnished on this statement has been obtained from sources that we believe to be reliable and is furnished for the exclusive use of the client. We make no representation,warranty or guarantee, express or implied,that 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. Additionally,you may not rely on this 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 and Last Statement that is the result of changes in the value of the securities held in your portfolio due to market fluctuations. The Net change in total account value 0/0 represents the percentage that your Total Account Value increased or decreased between This Statement and Last Statement. It 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 does 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 fund holdings is available upon request.Please contact your trust officer for guidance on how to request a copy. 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 ©2012 Fifth Third Bank Are Not Insured By Any Federal Government Agency Are Not A Deposit Page 8 of 8 S