Note 8: 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. 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 April 30, 2016, and April 25, 2015:

(Amounts in thousands)	4/30/2016		4/25/2015
Short-term investments:
Available-for-sale investments	$	13,491	$	16,763
Trading securities		—		1,127
Held-to-maturity investments		1,826		—

Total short-term investments		15,317		17,890
Long-term investments:
Available-for-sale investments		31,659		43,305

Total available-for-sale and trading investments	$	46,976	$	61,195


Investments to enhance returns on cash	$	33,583	$	45,490
Investments to fund compensation/retirement plans	$	13,393	$	15,705

The following is a summary of the unrealized gain, unrealized losses, and fair value by investment type at April 30, 2016, and April 25, 2015:

Fiscal 2016

(Amounts in thousands)	Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
Equity securities	$	1,231	$	(135	)	$	8,150
Fixed income		176		(9	)		36,527
Mutual funds		—		—			—
Other		1		(21	)		2,299

Total securities	$	1,408	$	(165	)	$	46,976

Fiscal 2015

(Amounts in thousands)	Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
Equity securities	$	2,014	$	(78	)	$	9,251
Fixed income		224		(14	)		50,358
Mutual funds		—		—			1,127
Other		1		(22	)		459

Total securities	$	2,239	$	(114	)	$	61,195

The following table summarizes sales of available-for-sale securities (for the fiscal years ended):

(Amounts in thousands)	4/30/2016			4/25/2015			4/26/2014
Proceeds from sales	$	28,721		$	33,750		$	34,557
Gross realized gains		997			285			857
Gross realized losses		(561	)		(74	)		(559	)

The fair value of fixed income available-for-sale securities by contractual maturity was $13.6 million within one year, $21.2 million within two to five years, $1.5 million within six to ten years and $0.2 million thereafter.