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Tustin Investment Subcommittee unanimously approves January 2026 investment report after Chandler briefing
Summary
The Tustin City Investment Subcommittee voted Feb. 19 to approve the Jan. 31, 2026 investment report after a presentation by Carl Bang of Chandler Asset Management outlining $250.9 million in consolidated assets, portfolio yields and recent performance.
The Tustin City Investment Subcommittee voted unanimously Feb. 19 to approve the Jan. 31, 2026 investment report following a presentation by Carl Bang of Chandler Asset Management.
Bang told the committee the city held $250,861,000 in consolidated financial assets as of Jan. 31, 2026, with an aggregate modified duration of 1.33, a purchase yield of 3.83% and an average final maturity of about 1.47 years. He said holdings maturing in less than six months had increased to 52.7% and that the city maintained sufficient liquidity to cover roughly six months of expected disbursements.
The presen…
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