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ANNUAL REVIEW OF INVESTMENT PERFORMANCE
DENTON INDEPENDENT SCHOOL DISTRICT
SCHOOL YEAR 2011-2012
October 23, 2012
PREPARED BY
DEBBIE MONSCHKE & JULIE SIMPSON
DETAIL OF INVESTMENT PORTFOLIO - BY INVESTMENT TYPE 1For the Period July 1, 2011 Through June 30, 2012
COMPARISON OF DISTRICT'S PORTFOLIO YIELD vs. SELECTED BENCHMARKS 2For the Period July 1, 2011 Through June 30, 2012
COMPARISON OF U.S. TREASURY RATES 3January 2002 - June 2012
COMPARISON OF INVESTMENT POOL RATES 4January 2002 - June 2012
COMPARISON OF TEXPOOL INVESTMENT RATES 5January 2002 - June 2012
COMPARISON OF LONE STAR INVESTMENT POOL RATES 6January 2002 - June 2012
COMPARISON OF DISD INVESTMENTS 7January 2002 - June 2012
SCHEDULE OF MONTHLY INTEREST RATES 8July 2011 - June 2012
SCHEDULE OF AVERAGE INTEREST RATES 9January 2002 - June 2012
INVESTMENT EARNINGS BY POOL TYPE 10For the Period July 1, 2011 Through June 30, 2012
INVESTMENT EARNINGS BY FUND 11For the Period July 1, 2011 Through June 30, 2012
DAILY INVESTMENT BALANCE BY TYPE - GENERAL FUND 12For the Period July 1, 2011 Through June 30, 2012
DAILY INVESTMENT BALANCE BY TYPE - DEBT SERVICES 13For the Period July 1, 2011 Through June 30, 2012
TABLE OF CONTENTS
11-12 Annual Investment Report.xls - Report 1 10/18/2012 10:25 AM
Average ActualInvestment Daily Amount Annual DISD AverageDescription Invested Earnings Yield (A) Yield (B)
TexPool $48,063,943 $49,856 0.1037% 0.0988%Lone Star Govt Overnight Fund $88,298,955 $98,018 0.1110% 0.1133%TexSTAR $43,482,331 $45,460 0.1045% 0.0998%
Totals $179,845,229 $193,335 0.1075% 0.1040%
(A) - The DISD Yield is calculated based on the Actual Annual Earnings for the period of July 1, 2011 to June 30, 2012 divided by the Average Daily Amount Invested during the same period.
(B) - The Average Yield for each investment is based on an average of the published monthly average yield.
DENTON INDEPENDENT SCHOOL DISTRICTDETAIL OF INVESTMENT PORTFOLIO - BY INVESTMENT TYPE
FOR THE PERIOD JULY 1, 2011 THROUGH JUNE 30, 2012
11-12 Annual Investment Report.xls - Annual Rates 2 10/18/2012 10:25 AM
0.1075% 0.0988% 0.1267% 0.2192% 0.1133% 0.2408% 0.0998% 0.2166% 0.0490% 0.0912% 0.1477% 0.2804%
0.000%
0.250%
0.500%
Yield
DENTON INDEPENDENT SCHOOL DISTRICTCOMPARISON OF DISTRICT'S PORTFOLIO YIELD VS. SELECTED BENCHMARKS
FOR THE PERIOD JULY 1, 2011 THROUGH JUNE 30, 2012
(A) Excludes District funds held at Northstar Bank.(B) Does not reflect gain or loss associated with fund's NAV.
11-12 Annual Investment Report.xls - US Treasury 3 10/18/2012 10:25 AM
0.00%
0.50%
1.00%
1.50%
2.00%
2.50%
3.00%
3.50%
4.00%
4.50%
5.00%
5.50%
DENTON INDEPENDENT SCHOOL DISTRICTCOMPARISON OF U. S. TREASURY RATES
JANUARY 2002 - JUNE 2012
3-Month U.S. Treasury 6-Month U.S. Treasury 1-Year U.S. Treasury 2 Year U.S. Treasury
11-12 Annual Investment Report.xls - Pools 4 10/18/2012 10:25 AM
0.00%
0.50%
1.00%
1.50%
2.00%
2.50%
3.00%
3.50%
4.00%
4.50%
5.00%
5.50%
DENTON INDEPENDENT SCHOOL DISTRICTCOMPARISON OF INVESTMENT POOL RATES
JANUARY 2002 - JUNE 2012
TexPool TexPool Prime Lone Star Corporate Overnight Fund Lone Star Govt Overnight Fund Lone Star Corporate Overnight Plus Fund TexStar Logic
11-12 Annual Investment Report.xls - TexPool 5 10/18/2012 10:25 AM
0.00%
0.50%
1.00%
1.50%
2.00%
2.50%
3.00%
3.50%
4.00%
4.50%
5.00%
5.50%
DENTON INDEPENDENT SCHOOL DISTRICTCOMPARISON OF TEXPOOL INVESTMENT RATES
JANUARY 2002 - JUNE 2012
TexPool TexPool Prime
11-12 Annual Investment Report.xls - Lone Star 6 10/18/2012 10:25 AM
0.00%
0.50%
1.00%
1.50%
2.00%
2.50%
3.00%
3.50%
4.00%
4.50%
5.00%
5.50%
DENTON INDEPENDENT SCHOOL DISTRICTCOMPARISON OF LONE STAR INVESTMENT POOL RATES
JANUARY 2002 - JUNE 2012
Lone Star Corporate Overnight Fund Lone Star Govt Overnight Fund Lone Star Corporate Overnight Plus Fund
11-12 Annual Investment Report.xls - DISD 7 10/18/2012 10:25 AM
0.00%
0.50%
1.00%
1.50%
2.00%
2.50%
3.00%
3.50%
4.00%
4.50%
5.00%
5.50%
DENTON INDEPENDENT SCHOOL DISTRICTCOMPARISON OF DISD INVESTMENTS
JANUARY 2002 - JUNE 2012
TexPool Lone Star Govt Overnight Fund TexStar
11-12 Annual Investment Report.xls - Monthly Rates 8 10/18/2012 10:25 AM
DISD TexPool TexPool Lone Star Lone Star Lone Star TexStar Logic 3-Month 6-Month 1-Year 2 Year Prime Corporate
Overnight Fund
Govt Overnight
Fund
Corporate Overnight Plus Fund
U.S. Treasury
U.S. Treasury
U.S. Treasury
U.S. Treasury
DENTON INDEPENDENT SCHOOL DISTRICTSCHEDULE OF MONTHLY INTEREST RATES
JULY 2011 - JUNE 2012
Jul-11 0.1075% 0.0665% 0.0901% 0.1500% 0.0900% 0.1700% 0.0746% 0.1424% 0.0390% 0.0884% 0.1852% 0.4094%Aug-11 0.1075% 0.0851% 0.1044% 0.1500% 0.1000% 0.1700% 0.0940% 0.1380% 0.0219% 0.0577% 0.1116% 0.2277%Sep-11 0.1075% 0.0929% 0.1102% 0.1700% 0.1200% 0.1900% 0.0906% 0.1381% 0.0137% 0.0413% 0.1033% 0.2067%Oct-11 0.1075% 0.0839% 0.1036% 0.2000% 0.1100% 0.2300% 0.0807% 0.1470% 0.0177% 0.0539% 0.1161% 0.2816%Nov-11 0.1075% 0.1080% 0.1297% 0.2300% 0.1100% 0.2500% 0.0973% 0.1874% 0.0137% 0.0453% 0.1127% 0.2543%Dec-11 0.1075% 0.0810% 0.1125% 0.2600% 0.0900% 0.2800% 0.0815% 0.2085% 0.0113% 0.0484% 0.1155% 0.2552%Jan-12 0.1075% 0.0875% 0.1249% 0.2700% 0.1000% 0.3100% 0.0902% 0.2513% 0.0348% 0.0648% 0.1142% 0.2416%Feb-12 0.1075% 0.0903% 0.1347% 0.2400% 0.1100% 0.2600% 0.0986% 0.2860% 0.0914% 0.1238% 0.1621% 0.2776%Mar-12 0.1075% 0.1150% 0.1597% 0.2400% 0.1300% 0.2700% 0.1148% 0.2942% 0.0832% 0.1406% 0.1894% 0.3423%Apr-12 0.1075% 0.1110% 0.1387% 0.2500% 0.1300% 0.2700% 0.1098% 0.2864% 0.0830% 0.1383% 0.1833% 0.2913%May-12 0.1075% 0.1246% 0.1455% 0.2300% 0.1300% 0.2400% 0.1273% 0.2683% 0.0884% 0.1452% 0.1916% 0.2868%Jun-12 0.1075% 0.1395% 0.1663% 0.2400% 0.1400% 0.2500% 0.1379% 0.2514% 0.0897% 0.1463% 0.1880% 0.2907%
11-12 Annual Investment Report.xls - Annual Rate 9 10/18/2012 10:25 AM
DISD TexPool TexPool Prime
Lone Star Corporate Overnight
Fund
Lone Star Govt
Overnight Fund
Lone Star Corporate Overnight Plus Fund
TexStar Logic 3-Month U.S.
Treasury
6-Month U.S.
Treasury
1-Year U.S.
Treasury
2-Year U.S.
Treasury
Jun-02 N/A 1.8638% N/A 1.8467% 1.9700% 1.9650% 1.8807% 1.9560% 1.7451% 1.8325% 2.3055% 3.2217%Jun-03 1.0130% 1.5232% 1.2794% 1.3842% 1.4458% 1.4833% 1.5064% 1.4701% 1.3024% 1.3132% 1.3473% 1.7819%Jun-04 1.0149% 1.0338% 1.0561% 0.9292% 0.9658% 0.9642% 1.0419% 1.0161% 1.0220% 1.1194% 1.3089% 1.8978%Jun-05 2.2311% 2.1549% 2.1507% 2.0700% 2.0842% 2.0458% 2.1420% 2.2014% 2.1594% 2.3459% 2.6773% 3.0514%Jun-06 4.1581% 4.1849% 4.2151% 4.1025% 4.1650% 4.0800% 4.1737% 4.1591% 4.0686% 4.3133% 4.4046% 4.4088%Jun-07 5.2684% 5.2698% 5.2996% 5.1775% 5.2358% 5.1792% 5.2813% 5.2731% 5.0369% 5.1023% 5.0140% 4.7776%Jun-08 3.5436% 3.9586% 4.0831% 4.0375% 3.8975% 4.0492% 3.9423% 4.1785% 2.9017% 3.0700% 3.0742% 3.0700%Jun-09 1.3228% 1.3107% 1.4851% 1.4058% 1.2733% 1.4392% 1.2449% 1.6201% 0.5516% 0.8279% 1.0523% 1.3802%Jun-10 0.1997% 0.2190% 0.2752% 0.2542% 0.1837% 0.2775% 0.2079% 0.2700% 0.1167% 0.2050% 0.3875% 0.9275%Jun-11 0.1593% 0.1634% 0.2151% 0.2475% 0.1675% 0.2633% 0.1603% 0.2294% 0.1158% 0.1617% 0.2500% 0.5700%Jun-12 0.1075% 0.0988% 0.1267% 0.2192% 0.1133% 0.2408% 0.0998% 0.2166% 0.0490% 0.0912% 0.1477% 0.2804%
DENTON INDEPENDENT SCHOOL DISTRICTSCHEDULE OF AVERAGE INTEREST RATES
JANUARY 2002 - JUNE 2012
11-12 Annual Investment Report.xls - Inv Earn by Type 10 10/18/2012 10:25 AM
TexPool $49,856.44
25.79%
Lone Star GovtOvernight Fund
$98,018.4850.70%
TexStar $45,459.63
23.51%
DENTON INDEPENDENT SCHOOL DISTRICTINVESTMENT EARNINGS BY POOL TYPE
FOR THE PERIOD JULY 1, 2011 THROUGH JUNE 30, 2012
11-12 Annual Investment Report.xls - Inv Earn by Fund 11 10/18/2012 10:25 AM
$0
$25,000
$50,000
$75,000
$100,000
$125,000
General Debt Service 1999 Bonds -Series 2001
2002 Bonds -Series 2004
2004 Bonds -Series 2007
2007 Bonds -Series 2008
2007 Bonds -Series 2012
Child Nutrition
Healthcare Trust
Workers Comp
Interest Earnings 105227.71 36132.21 178.6 1814.27 9477.35 22028.79 9609.83 1866.08 4612.96 2386.75
DENTON INDEPENDENT SCHOOL DISTRICTINVESTMENT EARNINGS BY FUND
FOR THE PERIOD JULY 1, 2011 THROUGH JUNE 30, 2012
11-12 Annual Investment Report.xls - Daily Balance-General 12 10/18/2012 10:25 AM
$0
$10,000,000
$20,000,000
$30,000,000
$40,000,000
$50,000,000
$60,000,000
$70,000,000
$80,000,000
$90,000,000
$100,000,000
$110,000,000
$120,000,000
$130,000,000
$140,000,000
$150,000,000
$160,000,000
DENTON INDEPENDENT SCHOOL DISTRICTDAILY INVESTMENT BALANCE BY TYPE - GENERAL FUNDFOR THE PERIOD JULY 1, 2011 THROUGH JUNE 30, 2012
TexPool TexStar Lone Star Govt Overnight Fund
11-12 Annual Investment Report.xls - Daily Balance-Debt 13 10/18/2012 10:25 AM
$0
$5,000,000
$10,000,000
$15,000,000
$20,000,000
$25,000,000
$30,000,000
$35,000,000
$40,000,000
$45,000,000
$50,000,000
$55,000,000
$60,000,000
DENTON INDEPENDENT SCHOOL DISTRICTDAILY INVESTMENT BALANCE BY TYPE - DEBT SERVICE FUND
FOR THE PERIOD JULY 1, 2011 THROUGH JUNE 30, 2012
TexPool Lone Star Govt Overnight Fund
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