Note 6: Investments

We have current and long-term investments intended to enhance returns on our cash as well as to fund future obligations of our non-qualified defined benefit retirement plan, our executive deferred compensation plan, and our performance compensation retirement plan. We also hold other investments consisting of cost-basis preferred shares of two privately-held companies. Our short-term investments are included in other current assets and our long-term investments are included in other long-term assets on our consolidated balance sheet.

The following summarizes our investments at January 26, 2019, and April 28, 2018:


(Unaudited, amounts in thousands)	1/26/2019		4/28/2018
Short-term investments:
Marketable securities	$	14,580	$	12,926
Held-to-maturity investments		3,384		3,340
Total short-term investments		17,964		16,266

Long-term investments:
Marketable securities		27,726		32,134
Cost basis investments		11,979		10,954
Total long-term investments		39,705		43,088

Total investments	$	57,669	$	59,354

Investments to enhance returns on cash	$	32,229	$	34,359
Investments to fund compensation/retirement plans	$	13,461	$	14,041
Other investments	$	11,979	$	10,954

The following is a summary of the unrealized gains, unrealized losses, and fair value by investment type at January 26, 2019, and April 28, 2018:


At January 26, 2019
	Gross		Gross
(Unaudited, amounts in thousands)	Unrealized Gains		Unrealized Losses		Fair Value
Equity securities	$	1,358	$	(27)	$	18,314
Fixed income		44		(231)		33,702
Other		259		(13)		5,653
Total securities	$	1,661	$	(271)	$	57,669


At April 28, 2018
	Gross		Gross
(Unaudited, amounts in thousands)	Unrealized Gains		Unrealized Losses		Fair Value
Equity securities	$	2,142	$	(39)	$	18,765
Fixed income		29		(418)		36,312
Other		72		—		4,277
Total securities	$	2,243	$	(457)	$	59,354

The following table summarizes sales of marketable securities:


	Quarter Ended				Nine Months Ended
(Unaudited, amounts in thousands)	1/26/2019		1/27/2018		1/26/2019		1/27/2018
Proceeds from sales	$	6,550	$	5,580	$	14,304	$	17,109
Gross realized gains		726		870		811		1,288
Gross realized losses		(261)		(284)		(327)		(512)

At January 26, 2019, the fair value of fixed income marketable securities, classified as available-for-sale securities, by contractual maturity was $14.6 million within one year, $16.9 million within two to five years, $1.4 million within six to ten years, and $0.8 million thereafter.