This document is a report from the County of Santa Clara's Finance Agency Administration addressed to the Board of Supervisors, detailing the Quarterly Investment Report for the period ending March 31, 2026. It includes a recommendation to receive the report, which outlines the investment transactions conducted by the Treasury Division. The report also discusses the current economic outlook, including the impact of the Middle East Iran conflict on U.S. economic growth and inflation. The document emphasizes the importance of compliance with the Board's investment policy and includes a summary of the investment program's status.
Key points
The report is addressed to the Board of Supervisors and is from Margaret Olaiya, Director of Finance.
The subject of the report is the Quarterly Investment Report for the period ending March 31, 2026.
The report recommends that the Board receive the Quarterly Investment Report.
It discusses the economic outlook, highlighting the effects of the Iran conflict on U.S. economic growth and inflation.
The report states that the recommended action will have no/neutral impact on children, seniors, or sustainability.
The portfolio strategy focuses on acquiring high-quality issuers and selecting bonds with attractive valuations.
Limitations
The document does not provide specific details about the investment transactions or the attached March 2026 Quarterly Investment Report.
There are unresolved placeholders in the document, such as the date and specific dollar amounts related to investments.
Generated for convenience from extracted text using AI. Review the official source document before relying on this summary.
Extracted text preview · 8,636 chars
County of Santa Clara Finance Agency Administration 128954 DATE: May 19, 2026 TO: Board of Supervisors FROM: Margaret Olaiya, Director of Finance SUBJECT: Quarterly Investment Report for the Period Ending March 31, 2026 RECOMMENDED ACTION Receive Quarterly Investment Report for the quarter ending March 31, 2026. REASONS FOR RECOMMENDATION Government Code section 53607 allows the Board of Supervisors to authorize the Treasurer of the local agency to invest or reinvest funds. This authorization is renewed annually by the Board. The Treasurer is to provide a quarterly report to the Board of Supervisors of the transactions enacted under this provision. The County’s Investment Policy also requires that a quarterly investment summary report be submitted to the Board of Supervisors. The attached report provides detailed information relating to security transactions conducted by the Treasury Division of the ControllerTreasurer Department during the quarter ending March 31, 2026. A summary of the status of the investment program is also included with this report. CHILD IMPACT The recommended action will have no/neutral impact on children and youth. SENIOR IMPACT The recommended action...
The March 2026 Quarterly Investment Report provides an overview of the County of Santa Clara's investment portfolio as of March 31, 2026. It includes details on cost values, market values, yields, economic updates, and portfolio strategies. The report highlights a total cost value of approximately $11.28 billion and a market value of about $11.27 billion across various funds, including the Commingled Investment Pool and the Worker's Compensation Fund. The report also discusses economic conditions, including inflation and retail sales, and outlines the portfolio strategy focusing on high-quality issuers and liquidity management.
Key points
Total cost value of investments is approximately $11.28 billion.
Total market value of investments is about $11.27 billion.
The report includes a summary of yields for select funds, with a yield of 3.85% for the Commingled Pool.
Economic conditions indicate slowed growth due to the Middle East conflict and rising inflation.
The portfolio strategy emphasizes acquisition of high-quality issuers and maintaining liquidity.
Limitations
The report contains placeholders and unresolved sections that affect the completeness of the summary.
Specific dates, votes, dollar amounts, and outcomes are not included in the summary.
Generated for convenience from extracted text using AI. Review the official source document before relying on this summary.
Extracted text preview · 278,414 chars
Quarterly Investment Report March 31, 2026 Quarterly Investment Review Table of Contents Quarterly Investment Report Table of Contents Summary of Cost Values versus Market Values and Yields Economic Update and Portfolio Strategy Liquidity Adequacy and Review and Monitoring Commingled Pool: Allocation by Security Types Commingled Pool: Allocation by Ratings Commingled Pool: Holdings by Issuer Commingled Pool: Historical Month End Book Values Commingled Pool: Distribution by Maturity Commingled Pool: Yield to Maturity and Weighted Average Maturity Approved Issuers and Broker/Dealers Commingled Pool: Compliance with Investment Policy Commingled Pool: Month Ended October 31, 2025 Commingled Pool: Month Ended November 30, 2025 Holdings Report: Commingled Pool Holdings Report: Park Charter Fund Holdings Report: Worker's Compensation Transaction Activity Report Board of Supervisors: Sylvia Arenas, Betty Duong, Otto Lee, Susan Ellenberg, Margaret Abe-Koga County Executive: James R. Williams 1 2 5 6 7 8 9 10 11 12 13 14 15 16 29 30 31 County of Santa Clara Commingled Pool and Segregated Investments March 31, 2026 Fund Commingled Investment Pool Worker's Compensation Park Charter Fund...
The document is a Quarterly Investment Report for the County of Santa Clara, detailing the Commingled Pool and Segregated Investments as of March 31, 2026. It includes various sections such as economic updates, portfolio strategies, liquidity adequacy, and detailed reports on investment allocations and yields. The report shows a total cost value of approximately $11.28 billion and a market value of about $11.27 billion for the Commingled Investment Pool, along with insights into economic conditions affecting investments.
Key points
Total cost value of the Commingled Investment Pool is approximately $11.28 billion.
Total market value of the Commingled Investment Pool is approximately $11.27 billion.
The report includes sections on economic updates, portfolio strategies, and liquidity adequacy.
The yield of the Commingled Pool is reported at 3.84% with a weighted average life of 530 days.
The document lists various allocations by security types and ratings.
Limitations
The document appears to be truncated, missing some sections and details.
Specific dates, votes, dollar amounts, parties, or outcomes are not provided beyond what is summarized.
Generated for convenience from extracted text using AI. Review the official source document before relying on this summary.
Extracted text preview · 278,440 chars
March 31, 2026 Received: 05/19/2026 Quarterly Investment Report Quarterly Investment Review Table of Contents Quarterly Investment Report Table of Contents Summary of Cost Values versus Market Values and Yields Economic Update and Portfolio Strategy Liquidity Adequacy and Review and Monitoring Commingled Pool: Allocation by Security Types Commingled Pool: Allocation by Ratings Commingled Pool: Holdings by Issuer Commingled Pool: Historical Month End Book Values Commingled Pool: Distribution by Maturity Commingled Pool: Yield to Maturity and Weighted Average Maturity Approved Issuers and Broker/Dealers Commingled Pool: Compliance with Investment Policy Commingled Pool: Month Ended January 31, 2026 Commingled Pool: Month Ended February 28, 2026 Holdings Report: Commingled Pool Holdings Report: Park Charter Fund Holdings Report: Worker's Compensation Transaction Activity Report Board of Supervisors: Sylvia Arenas, Betty Duong, Otto Lee, Susan Ellenberg, Margaret Abe-Koga County Executive: James R. Williams 1 2 5 6 7 8 9 10 11 12 13 14 15 16 29 30 31 County of Santa Clara Commingled Pool and Segregated Investments March 31, 2026 Fund Commingled Investment Pool Worker's Compensation...