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This report examines the performance of the public funds currently invested by the Will County Treasurer’s Office. This narrative covers investment activity and performance in January 2018.
Total Investment Portfolio
The county’s total holdings at the end of January had a market value of $380.9-million. Excluding cash, the Treasurer’s Office has invested $314.4-million (82.5%) across a variety of fixed income security types. The total portfolio has a Yield-to-Maturity of 1.432% with an average maturity of 2.8 years.
The Will County Treasurer’s Investment Policy sets two benchmarks against which we compare the performance of our investments.
- The 90-Day Average of the 1-Year Jumbo Deposit National Rate as quoted by the FDIC
- The 90-Day Average of the 3-Year Treasury Note as quoted by the U.S. Treasury Department
We use these two benchmarks because they closely relate to the length of time we hold an investment.