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HomeMy WebLinkAboutTMP-1208 Investment Report REPORT TO SUCCESSOR AGENCY OF THE REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE TO: HONORABLE AGENCY CHAIRMAN AND MEMBERS OF THE SUCCESSOR AGENCY FROM: GRANT M. YATES EXECUTIVE DIRECTOR DATE: JANUARY 12 , 2016 SUBJECT: INVESTMENT REPORT Recommendation Staff recommends that the Members of the Successor Agency of the Redevelopment Agency of the City of Lake Elsinore receive and file the Investment Report for July, August and September 2015. Discussion The Investment Report is a listing of all funds invested for the City of Lake Elsinore and includes funds held for the Successor Agency of the Redevelopment Agency of the City of Lake Elsinore as of the date shown on the report. Prepared By: Nancy L. Lassey Finance Administrator Approved By: Jason P. Simpson Director of Administrative Services Approved By: Grant M. Yates Executive Director Attachments: Investment Report for July 2015 Investment Report for August 2015 Investment Report for September 2015 CITY OF LAKE ELSINORE INVESTMENT REPORT JULY 2015 BANK DEPOSITS OUTSTANDING BOOK CASH ACCOUNTS BALANCE IN TRANSIT CHECKS BALANCE Bank Accounts: General Checking Account 11,376,160$ 134,383$ (1,528,873)$ 9,981,670$ Cash On Hand: Cashier Drawers #1 & #2 - - - 300 City of Lake Elsinore Petty Cash Fund - - - 1,000 Total Cash Accounts 11,376,160 134,383 (1,528,873) 9,982,970 INVESTMENTS City Investments: City Local Agency Investment Fund 11,834,021 - - 11,834,021 City Local Agency Investment Fund for the PFA 329,037 - - 329,037 City CAMP Investments: CAMP Pool Account 111,134 - - 111,134 U.S. Treasury Bond / Note 10,793,007 - - 10,793,007 Municipal Bond / Note 290,464 - - 290,464 Federal Agency Collateralized Mortgage Obligation 136,350 - - 136,350 Federal Agency Bond / Note 6,528,620 - - 6,528,620 Corporate Note 8,763,808 - - 8,763,808 Certificate of Deposit 2,800,000 - - 2,800,000 Housing CAMP Investments: Housing CAMP Pool Account 29,799 - - 29,799 Housing U.S. Treasury Bond / Notes 2,217,509 - - 2,217,509 Housing Municipal Bond / Notes 30,084 - - 30,084 Housing Federal Agency Collateralized Mortgage 25,250 - - 25,250 Housing Federal Agency Bond / Notes 1,039,303 - - 1,039,303 Housing Corporate Notes 1,452,808 - - 1,452,808 Housing Certificate of Deposit 200,000 - - 200,000 Successor Investments: Successor Local Agency Investment Fund 90,289 - - 90,289 Successor CAMP Investments: Successor CAMP Pool Account 61,818 - - 61,818 Successor U.S. Treasury Bond / Notes 2,283,119 - - 2,283,119 Successor Municipal Bond / notes 30,084 - - 30,084 Successor Federal Agency Collaterized Mortgage 25,250 - - 25,250 Successor Federal Agency Bond / Notes 1,163,811 - - 1,163,811 Successor Corporate Notes 1,418,196 - - 1,418,196 Successor Certificate of Deposit 200,000 - - 200,000 Sub-total Investments 51,853,760 - - 51,853,760 Market Value Adjustment: Unrealized Gain/ (Loss) at 06-30-15 City 4,631 - - 4,631 Unrealized Gain/ (Loss) at 06-30-15 SARDA 13,632 - - 13,632 Total Unrealized Gain/ (Loss) at 06-30-15 per GASB 31 18,263 - - 18,263 Total Investments 51,872,023 - - 51,872,023 Total Pooled Cash and Investments 63,248,183$ 134,383$ (1,528,873)$ 61,854,993$ TOTAL POOLED CASH AND INVESTMENTS 61,854,993$ I certify that this report accurately reflects all pooled investments and it is in conformity with the investment policy as approved by the City Council on June 9, 2015. A copy of this policy is available in the office of the City Clerk. The pooled investments shown above provide sufficient cash flow liquidity to meet the next six months estimated expenditures. Jason P. Simpson December 21, 2015 Director of Administrative Services Date C I T Y O F L A K E E L S I N O R E INVESTMENT REPORT OF POOLED CASH AND INVESTMENTS AS OF JULY 31, 2015 Interest Rate Purchase Date Maturity Rate 0.320%Daily 24-Hour Agency Beginning Balance Net Increase/(Decrease)Ending Balance City 11,834,021$ -$ 11,834,021$ City for the PFA 329,037$ -$ 329,037$ Successor Agency 90,289$ -$ 90,289$ Total Investments Held with Local Agency Investment Fund:12,253,347$ -$ 12,253,347$ C I T Y O F L A K E E L S I N O R E LOCAL AGENCY INVESTMENT FUND TRANSACTION SUMMARY FOR THE MONTH ENDING JULY 31, 2015 3 of 5 FUND NO FUND NAME AMOUNT 100 General Fund 13,718,171$ 101 Supplemental Law Enforcement Fund 8,333 104 Traffic Offender Fund 8,837 106 Affordable Housing In Lieu Fund 2,422,495 107 Developer Agreement Revenue 1,231,379 110 State Gas Tax Fund 1,466,459 112 Transportation/Measure A Fund 823,267 114 SB1186 CASP Education Program Fund 3,927 116 City Hall-Public Works DIF Fund 963,048 117 Community Center DIF Fund 395,096 118 Lake Side Facility DIF Fund 697,789 120 Camino Del Norte DIF 36,424 121 T.R.I.P.-2014A 558,771 130 Lighting & Landscape Maintenance Fund - City-wide 15,031 135 Lighting & Landscape Maintenance Fund - Dist. No. 1 364,600 140 Geothermal Fund 19,538 155 CSA152 -- N.P.D.E.S.95,730 201 Street C.I.P. Fund 97 204 Signal C.I.P. Fund 800 205 Traffic Impact Fee Fund 3,187,152 211 Storm Drain C.I.P. Fund 3,425,563 221 Quimby Park C.I.P. Fund 21,998 231 Library C.I.P. Fund 1,626,847 232 City Fire Protection Fund 22,637 254 AD 89-1 Railroad Canyon Rd. Improvement Fund 126,253 268 CFD 2006-2 Viscaya Improvement 215 271 CFD 2005-1 Serenity Improvement 170 310 Support Service Fund 728 330 CFD 2015-2 Maintenance Services 4,992 332 CFD 2006-1 Improvement Area B, Summerly 75,880 342 CFD 2007-5 Red Kite Service Fund 1,316 343 CFD 2006-2S Viscaya Services 395 345 CFD 2003-2S Improvement Area D, Canyon Hills 195,352 346 CFD 2014-1 Southshore Debt Service Fund 61,877 347 CFD 2006-1 Improvement Area A, Summerly 30,644 348 CFD 2003-2 Improvement Area C, Canyon Hills 84,587 349 CFD 88-3 (2013B) Debt Service Fund 42,204 350 CFD 98-1 Summerhill Debt Service Fund 164,075 352 AD 86-1 Debt Service Fund 627,992 354 CFD 90-2 Successor RDA Debt Service Fund 118,254 357 CFD 2003-2 Canyon Hills Debt Service Fund 113,505 366 CFD 2005-6 City Center Townhomes Debt Service Fund 32,380 367 CFD 2005-3 Summerly Debt Service Fund 88,264 368 CFD 2006-2 Viscaya Debt Service Fund 107,049 369 CFD 2004-3 Area 1 Rosetta Canyon Debt Service Fund 92,527 C I T Y O F L A K E E L S I N O R E POOLED CASH AND INVESTMENTS BY FUND AS OF JULY 31, 2015 4 of 5 FUND NO FUND NAME AMOUNT C I T Y O F L A K E E L S I N O R E POOLED CASH AND INVESTMENTS BY FUND AS OF JULY 31, 2015 371 CFD 2005-1 Serenity Debt Service Fund 108,105 372 CFD 2005-2 Alberhill Ranch Debt Service Fund 413,570 374 CFD 2005-4 Lakeview Villas Debt Service Fund 45,367 375 CFD 2006-4 Tract No. 30698 & 32129 Debt Service Fund 17,714 376 CFD 2006-3 La Strada Debt Service Fund 22,688 377 CFD 2006-6 Tessara Debt Service Fund 10,021 378 CFD 2006-8 Tract No. 31957 Debt Service Fund 47,221 382 CFD 2006-9 Trieste Debt Service Fund 31,477 384 CFD 2003-2 Area B Canyon Hills Debt Service Fund 276,092 385 CFD 2004-3 Area 2 Rosetta Canyon Debt Service Fund 368,940 386 CFD 2007-4 Mekenna Debt Service Fund 10,491 387 CFD 2007-5 Red Kite Debt Service Fund 60,462 388 CFD 2007-6 Holiday Inn Debt Service Fund 3,792 392 CFD 95-1 City Center Debt Service Fund 29,482 393 AD 93-1 Debt Service Fund 97,544 394 CFD 2005-5 (2012A) Wasson Canyon Debt Service Fund 215,698 510 Successor Agency RDA Area I 3,027,675 520 Successor Agency RDA Area II 5,286,982 530 Successor Agency RDA Area III 1,743,887 540 Successor Agency RDA Diamond Stadium 1,943,212 604 Endowment Trust Fund 10,979 605 Public Improvement Trust Fund 779,424 606 Mobile Source Air Polution Reduction Fund 152,795 608 Trust Deposit & Pre Paid Expense Fund 1,317,750 617 Successor Agency Housing Fund 10,913,703 620 Cost Recovery System Fund 1,163,220 631 Lake Destratification Equipment Replacement Fund 160,923 650 CFD 2003-1 Law & Fire Service Fund 750 651 CFD 2006-5 Park & Open Space Service Fund 1,250 652 CFD 2007-1 Law & Fire Service Fund 750 653 CFD 2009-1 Parks & Lighting Service Fund 1,250 654 CFD 2003-2S Fire Service Fund 1,250 723 LEPFA 2008 Series A 3,576 731 LEPFA 2011 Series B 2,706 734 LEPFA 2013 Series C 408,367 780 LEPFA General 93,231 Total Pooled Cash & Investments 61,854,993$ DIVERSIFICATION MAXIMUM TYPES OF SECURITIES PERCENTAGE PERCENTAGE U.S. Treasury Bills 0.00%UNLIMITED U.S. Treasury Bond / Note 29.49%UNLIMITED Current Balance 15,293,634$ Municipal Bond / Note 0.68%UNLIMITED Current Balance 350,632$ Federal Agency Collaterized Mortgage Obligation 0.36%40.00% Current Balance 186,849$ Federal Agency Bond / Note 16.84%*UNLIMITED Current Balance 8,731,733$ Banker's Acceptance 0.00%40.00% Certificates of Deposit 6.17%25.00% Current Balance 3,200,000$ Negotiable Certificates of Deposit 0.00%30.00% Commercial Paper 0.00%15.00% Corporate Note 22.44%30.00% Current Balance 11,634,812$ Repurchase Agreements 0.00%UNLIMITED Reverse Repurchase Agreements 0.00%20.00% LAIF (Local Agency Investment Fund)23.63%UNLIMITED Current Balance 12,253,347$ CAMP - Pooled Sweep Account 0.39%UNLIMITED Current Balance 202,752$ TOTAL 100.00%51,853,760$ Note: Local agencies are only eligible to purchase medium term corporate notes that have a rating of "A" or better by both Moody's Investors Service, Inc., and Standard and Poor's Corporation (S & P). If a security falls below "A" by both rating agencies, then PFM Asset Management LLC will evaluate the need to sell the security prior to maturity. The CAMP Portfolio Summary and Statistics shows the credit quality held by the City's investments. *No more than 40% in any one federal agency. See CAMP Portfolio Statement for listing of agencies. *Totals include the Housing and Successor Agency CAMP Portfolios. FOR THE MONTH ENDING JULY 31, 2015 SUMMARY OF POLICY LIMITATIONS C I T Y O F L A K E E L S I N O R E City Funds CAMP Account For the Month Ending July 31, 2015Account Statement - Transaction Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Opening Market Value Purchases Redemptions Change in Value Closing Market Value 92,113.14 21,419.39 (2,398.31) 0.00 $111,134.22 CAMP Pool Unsettled Trades 0.00 8.13 Cash Dividends and Income Opening Market Value Purchases Redemptions Change in Value Closing Market Value 29,307,917.26 0.00 0.00 22,438.76 $29,330,356.02 CAMP Managed Account Unsettled Trades 0.00 21,411.26 Cash Dividends and Income July 31, 2015June 30, 2015 Asset Summary CAMP Pool 111,134.22 92,113.14 CAMP Managed Account 29,330,356.02 29,307,917.26 $29,441,490.24 $29,400,030.40 Total Asset Allocation 0.38% CAMP Pool 99.62% CAMP Managed Account Page 1 For the Month Ending July 31, 2015Managed Account Summary Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dividend Closing Market Value Redemptions Purchases Opening Market Value Closing Market Value Change in Current Value Unsettled Trades Principal Acquisitions Principal Dispositions Maturities/Calls Opening Market Value Closing Market Value Opening Market Value Account Total Total Cash Basis Earnings Plus Net Realized Gains/Losses Less Purchased Interest Related to Interest/Coupons Interest/Dividends/Coupons Received Earnings Reconciliation (Cash Basis) - Managed Account Dividends Less Beginning Accrued Interest Less Beginning Amortized Value of Securities Less Cost of New Purchases Plus Coupons/Dividends Received Plus Proceeds of Maturities/Calls/Principal Payments Plus Proceeds from Sales Ending Accrued Interest Ending Amortized Value of Securities Earnings Reconciliation (Accrual Basis) Reconciling Transactions Net Cash Contribution Security Purchases Principal Payments Coupon/Interest/Dividend Income Sale Proceeds Maturities/Calls Cash Transactions Summary- Managed Account $92,113.14 21,419.39 (2,398.31) $111,134.22 8.13 $29,307,917.26 0.00 0.00 0.00 0.00 22,438.76 $29,330,356.02 $29,400,030.40 $29,441,490.24 21,411.26 0.00 0.00 $21,411.26 0.00 0.00 21,411.26 0.00 0.00 (21,411.26) 0.00 Managed Account Total 29,240,955.48 29,352,089.70 99,581.24 0.00 0.00 21,411.26 0.00 (29,242,750.70) (88,094.93) 0.00 99,581.24 2,398.31 0.00 21,411.26 (21,419.39) (29,334,863.84) (88,094.93) 8.13 Total Accrual Basis Earnings $31,102.35 $31,110.48 Transaction Summary - Managed AccountTransaction Summary - Money Market ___________________________________________________________________________________________________________________________________________________ Cash Balance $0.00 Closing Cash Balance Page 2 For the Month Ending July 31, 2015Portfolio Summary and Statistics CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Account Summary Percent Par ValueMarket ValueDescription U.S. Treasury Bond / Note 10,780,000.00 10,835,187.13 36.80 Municipal Bond / Note 290,000.00 294,285.95 1.00 Federal Agency Collateralized Mortgage Obligation 135,000.00 136,086.62 0.46 Federal Agency Bond / Note 6,530,000.00 6,554,134.12 22.26 Corporate Note 8,625,000.00 8,714,027.00 29.60 Certificate of Deposit 2,800,000.00 2,796,635.20 9.50 Managed Account Sub-Total 29,160,000.0029,330,356.02 99.62% Accrued Interest 99,581.24 Total Portfolio 29,160,000.0029,429,937.26 CAMP Pool 111,134.22 111,134.22 0.38 Total Investments 29,271,134.2229,541,071.48 100.00% Unsettled Trades 0.00 0.00 Sector Allocation 9.50% Cert of Deposit 29.60% Corporate Note 0.46% Fed Agency CMO 22.26% Fed Agy Bond / Note 0.38% Mny Mkt Fund 1.00% Muni Bond / Note 36.80% US TSY Bond / Note 0 - 6 Months6 - 12 Months1 - 2 Years2 - 3 Years3 - 4 Years4 - 5 YearsOver 5 Years 0.38% 3.23% 36.79% 25.24% 17.07%17.29% 0.00% Maturity Distribution Characteristics Yield to Maturity at Cost Yield to Maturity at Market Duration to Worst Weighted Average Days to Maturity 2.48 937 1.23% 1.08% Page 3 For the Month Ending July 31, 2015Managed Account Issuer Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Credit Quality (S&P Ratings) 9.04% A 5.89% A+ 0.68% A- 3.90% A-1 1.53% A-1+ 8.90% AA 61.52% AA+ 7.63% AA- 0.53% AAA 0.38% AAAm Issuer Summary Percentof HoldingsIssuer Market Value 324,940.20 1.10 3M COMPANY 200,489.20 0.68 AMERICAN EXPRESS CO 579,378.63 1.97 AMERICAN HONDA FINANCE 306,858.46 1.04 APPLE INC 755,912.85 2.57 BERKSHIRE HATHAWAY INC 111,134.22 0.38 CAMP Pool 574,085.75 1.95 CANADIAN IMPERIAL BANK OF COMMERCE 320,147.84 1.09 CATERPILLAR INC 766,084.69 2.60 CHEVRON CORP 272,733.48 0.93 CISCO SYSTEMS INC 434,769.89 1.48 DEERE & COMPANY 3,973,185.72 13.50 FANNIE MAE 775,073.63 2.63 FEDERAL HOME LOAN BANKS 1,941,961.39 6.60 FREDDIE MAC 283,561.00 0.96 GENERAL ELECTRIC CO 700,756.20 2.38 HSBC HOLDINGS PLC 249,369.25 0.85 IBM CORP 701,859.20 2.38 JP MORGAN CHASE & CO 154,615.14 0.53 MICROSOFT CORP 573,614.25 1.95 NORDEA BANK AB 250,344.25 0.85 PEPSICO, INC 573,211.75 1.95 RABOBANK NEDERLAND 167,050.95 0.57 STATE OF CONNECTICUT 703,022.60 2.39 THE WALT DISNEY CORPORATION 625,581.25 2.12 TORONTO-DOMINION BANK 199,616.40 0.68 TOYOTA MOTOR CORP 10,835,187.13 36.79 UNITED STATES TREASURY 127,235.00 0.43 UNIVERSITY OF CALIFORNIA 707,561.40 2.40 US BANCORP 804,646.02 2.73 WAL-MART STORES INC 447,502.50 1.52 WELLS FARGO & COMPANY Page 4 For the Month Ending July 31, 2015Managed Account Issuer Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS $29,441,490.24 Total 100.00% Page 5 For the Month Ending July 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par U.S. Treasury Bond / Note US TREASURY NOTES DTD 09/30/2011 1.000% 09/30/2016 402,687.60 401,976.18 1,344.26 403,484.38 09/09/1409/05/14AaaAA+ 400,000.00 912828RJ1 0.57 US TREASURY NOTES DTD 01/03/2012 0.875% 12/31/2016 502,734.50 499,738.49 380.43 499,101.56 01/26/1201/23/12AaaAA+ 500,000.00 912828RX0 0.91 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 679,798.58 677,981.23 2,268.44 680,484.37 03/03/1402/27/14AaaAA+ 675,000.00 912828SM3 0.73 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 1,309,241.70 1,301,657.20 4,368.85 1,302,996.09 03/21/1403/19/14AaaAA+ 1,300,000.00 912828SM3 0.92 US TREASURY NOTES DTD 11/30/2012 0.625% 11/30/2017 797,000.00 789,865.21 846.99 784,625.00 05/09/1405/06/14AaaAA+ 800,000.00 912828UA6 1.18 US TREASURY NOTES DTD 04/30/2013 0.625% 04/30/2018 347,210.85 348,219.73 552.82 346,814.45 05/15/1305/10/13AaaAA+ 350,000.00 912828UZ1 0.81 US TREASURY NOTES DTD 07/31/2013 1.375% 07/31/2018 884,570.75 886,713.04 32.69 888,603.52 02/04/1502/02/15AaaAA+ 875,000.00 912828VQ0 0.92 US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 572,093.04 567,021.27 1,206.97 566,014.45 06/03/1406/02/14AaaAA+ 570,000.00 912828A34 1.41 US TREASURY NOTES DTD 01/31/2014 1.500% 01/31/2019 480,158.03 473,270.32 19.36 472,791.99 07/31/1407/29/14AaaAA+ 475,000.00 912828B33 1.61 US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 162,212.48 160,141.77 873.77 160,175.00 09/04/1409/02/14AaaAA+ 160,000.00 912828C65 1.60 US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 582,951.10 575,739.33 3,140.11 575,898.44 10/06/1410/02/14AaaAA+ 575,000.00 912828C65 1.59 US TREASURY NOTES DTD 05/15/2009 3.125% 05/15/2019 534,297.00 529,771.40 3,311.82 535,429.69 11/03/1410/30/14AaaAA+ 500,000.00 912828KQ2 1.50 US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 295,453.20 296,316.68 1,008.20 296,097.66 04/30/1504/28/15AaaAA+ 300,000.00 912828TR1 1.30 US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 984,844.00 983,042.65 3,360.66 981,367.18 02/27/1502/26/15AaaAA+ 1,000,000.00 912828TR1 1.42 Page 6 For the Month Ending July 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/MaturityCUSIP Rating RatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par U.S. Treasury Bond / Note US TREASURY NOTES DTD 09/30/2014 1.750% 09/30/2019 1,268,555.00 1,267,935.31 7,351.43 1,269,384.77 03/27/1503/26/15AaaAA+ 1,250,000.00 912828F39 1.39 US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 1,031,379.30 1,030,502.50 1,778.69 1,029,738.28 05/29/1505/28/15AaaAA+ 1,050,000.00 912828UB4 1.44 31,845.49 10,835,187.13 10,789,892.31 1.20 10,793,006.83 10,780,000.00 Security Type Sub-Total Municipal Bond / Note UNIV OF CAL TXBL REV BONDS DTD 04/10/2014 1.904% 05/15/2018 127,235.00 125,000.00 502.44 125,000.00 04/10/1404/04/14Aa2AA 125,000.00 91412GUV5 1.90 CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 167,050.95 165,423.87 1,139.99 165,463.65 03/25/1503/16/15Aa3AA 165,000.00 20772JZK1 1.90 1,642.43 294,285.95 290,423.87 1.90 290,463.65 290,000.00 Security Type Sub-Total Federal Agency Collateralized Mortgage Obligation FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 136,086.62 136,264.92 174.38 136,349.51 04/30/1504/15/15AaaAA+ 135,000.00 3136ANJY4 0.83 174.38 136,086.62 136,264.92 0.83 136,349.51 135,000.00 Security Type Sub-Total Federal Agency Bond / Note FHLB NOTES DTD 08/07/2014 0.500% 09/28/2016 775,073.63 774,053.89 1,323.96 773,256.25 08/07/1408/06/14AaaAA+ 775,000.00 3130A2T97 0.61 FHLMC NOTES DTD 08/16/2013 0.875% 10/14/2016 602,778.00 600,728.83 1,560.42 601,824.00 10/03/1310/01/13AaaAA+ 600,000.00 3137EADS5 0.77 FREDDIE MAC GLOBAL NOTES DTD 05/14/2012 1.000% 06/29/2017 482,607.36 480,375.35 426.67 480,561.60 08/13/1408/11/14AaaAA+ 480,000.00 3137EADH9 0.96 FANNIE MAE GLOBAL NOTES DTD 07/20/2012 0.875% 08/28/2017 801,558.40 800,839.22 2,936.11 801,984.00 09/10/1209/06/12AaaAA+ 800,000.00 3135G0MZ3 0.82 FREDDIE MAC GLOBAL NOTES DTD 08/10/2012 1.000% 09/29/2017 476,597.90 477,221.99 1,609.72 480,068.25 10/05/1210/04/12AaaAA+ 475,000.00 3137EADL0 0.78 Page 7 For the Month Ending July 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par Federal Agency Bond / Note FANNIE MAE GLOBAL NOTES DTD 09/24/2012 0.875% 10/26/2017 1,001,208.00 995,526.96 2,309.03 992,270.00 12/03/1311/27/13AaaAA+ 1,000,000.00 3135G0PQ0 1.08 FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 398,232.00 396,537.38 680.56 393,940.00 05/31/1305/24/13AaaAA+ 400,000.00 3135G0WJ8 1.19 FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 647,127.00 646,878.10 1,105.90 644,507.50 05/24/1305/22/13AaaAA+ 650,000.00 3135G0WJ8 1.05 FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 355,016.20 350,008.86 1,011.11 350,010.50 06/19/1406/16/14AaaAA+ 350,000.00 3135G0YT4 1.62 FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 633,957.50 629,844.83 1,805.56 630,937.50 10/23/1410/22/14AaaAA+ 625,000.00 3135G0YT4 1.39 FREDDIE MAC NOTES DTD 04/16/2012 1.750% 05/30/2019 379,978.13 378,650.43 1,111.98 379,260.00 12/03/1412/01/14AaaAA+ 375,000.00 3137EADG1 1.49 15,881.02 6,554,134.12 6,530,665.84 1.02 6,528,619.60 6,530,000.00 Security Type Sub-Total Corporate Note PEPSICO INC GLOBAL NOTES DTD 02/28/2013 0.700% 02/26/2016 250,344.25 249,983.18 753.47 249,912.50 02/28/1302/25/13A1A 250,000.00 713448CE6 0.71 JPMORGAN CHASE & CO GLOBAL NOTES DTD 02/26/2013 1.125% 02/26/2016 701,859.20 699,837.00 3,390.63 699,153.00 02/26/1302/21/13A3A 700,000.00 46623EJU4 1.17 WALT DISNEY CO CORPORATE NOTE DTD 02/14/2012 1.125% 02/15/2017 703,022.60 699,159.49 3,631.25 697,494.00 06/14/1206/11/12A2A 700,000.00 25468PCS3 1.20 WAL-MART STORES INC SR NOTES DTD 04/05/2007 5.375% 04/05/2017 505,403.22 498,321.28 8,140.14 551,822.30 04/11/1204/05/12Aa2AA 470,000.00 931142CG6 1.72 BERKSHIRE HATHAWAY FIN GLOBAL NOTES DTD 05/15/2012 1.600% 05/15/2017 353,670.45 352,092.30 1,182.22 354,987.50 01/15/1301/08/13Aa2AA 350,000.00 084664BS9 1.26 US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 707,561.40 700,000.00 2,438.33 714,952.00 07/30/1207/25/12A1A+ 700,000.00 91159HHD5 1.19 Page 8 For the Month Ending July 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par Corporate Note JOHN DEERE CAPITAL CORP NOTES DTD 06/12/2014 1.125% 06/12/2017 434,769.89 434,872.18 666.09 434,795.55 06/12/1406/09/14A2A 435,000.00 24422ESN0 1.14 HSBC USA INC DTD 06/23/2014 1.300% 06/23/2017 250,614.00 249,758.29 343.06 249,620.00 06/23/1406/16/14A2A 250,000.00 40434CAA3 1.35 3M COMPANY GLOBAL NOTES DTD 06/26/2012 1.000% 06/26/2017 324,940.20 324,420.24 315.97 323,501.75 06/26/1206/21/12Aa3AA- 325,000.00 88579YAE1 1.10 CATERPILLAR FINANCIAL SE DTD 08/20/2014 1.250% 08/18/2017 320,147.84 319,889.92 1,811.11 319,840.00 08/20/1408/13/14A2A 320,000.00 14912L6D8 1.27 AMERICAN EXPRESS CREDIT CORP NOTES DTD 09/23/2014 1.550% 09/22/2017 200,489.20 199,807.21 1,110.83 199,732.00 09/23/1409/18/14A2A- 200,000.00 0258M0DR7 1.60 CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 149,291.10 150,000.00 257.60 150,000.00 12/05/1211/28/12Aa1AA 150,000.00 166764AA8 1.10 CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 174,172.95 175,441.24 300.53 175,946.75 12/05/1211/29/12Aa1AA 175,000.00 166764AA8 0.99 IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 249,369.25 249,413.47 1,501.74 248,855.00 02/08/1302/05/13Aa3AA- 250,000.00 459200HK0 1.35 BERKSHIRE HATHAWAY GLOBAL NOTE DTD 02/11/2013 1.550% 02/09/2018 402,242.40 399,713.70 2,962.22 399,444.00 02/11/1301/29/13Aa2AA 400,000.00 084670BH0 1.58 WAL-MART STORES INC GLOBAL NOTES DTD 04/11/2013 1.125% 04/11/2018 299,242.80 299,849.33 1,031.25 299,724.00 04/11/1304/04/13Aa2AA 300,000.00 931142DF7 1.14 MICROSOFT CORP GLOBAL NOTES DTD 05/02/2013 1.000% 05/01/2018 154,615.14 154,945.65 387.50 154,902.35 05/02/1304/25/13AaaAAA 155,000.00 594918AS3 1.01 APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 306,858.46 309,362.08 757.78 308,856.10 05/03/1304/30/13Aa1AA+ 310,000.00 037833AJ9 1.08 CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 442,620.64 440,000.00 776.92 440,000.00 06/24/1306/17/13Aa1AA 440,000.00 166764AE0 1.72 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 272,733.48 272,063.74 2,390.63 272,565.00 09/04/1408/29/14A1AA- 270,000.00 17275RAR3 1.90 Page 9 For the Month Ending July 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par Corporate Note AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 579,378.63 574,116.91 5,965.63 573,936.25 09/09/1409/04/14A1A+ 575,000.00 02665WAH4 2.29 GENERAL ELECTRIC CAP CORP NOTES DTD 01/08/2010 5.500% 01/08/2020 283,561.00 286,357.90 878.47 289,082.50 03/25/1503/20/15A1AA+ 250,000.00 36962G4J0 2.05 WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 74,583.75 75,269.22 4.48 75,288.00 03/27/1503/24/15A2A+ 75,000.00 94974BGF1 2.07 WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 372,918.75 377,375.69 22.40 377,621.25 02/05/1502/02/15A2A+ 375,000.00 94974BGF1 2.00 TOYOTA MOTOR CORP NOTES DTD 03/12/2015 2.150% 03/12/2020 199,616.40 201,658.52 1,660.28 201,776.00 03/27/1503/23/15Aa3AA- 200,000.00 89236TCF0 1.96 42,680.53 8,714,027.00 8,693,708.54 1.44 8,763,807.80 8,625,000.00 Security Type Sub-Total Certificate of Deposit HSBC BANK USA NA CD DTD 02/13/2015 0.880% 08/15/2016 450,142.20 450,000.00 1,859.00 450,000.00 02/13/1502/11/15P-1A-1+ 450,000.00 40428AC54 0.88 CANADIAN IMPERIAL BANK NY YCD DTD 04/10/2015 1.010% 04/06/2017 574,085.75 575,000.00 1,790.65 575,000.00 04/10/1504/06/15P-1A-1 575,000.00 13606JYY9 1.01 RABOBANK NEDERLAND NV CERT DEPOS DTD 04/27/2015 1.070% 04/21/2017 573,211.75 575,000.00 1,606.49 575,000.00 04/27/1504/22/15P-1A-1 575,000.00 21684BXH2 1.07 NORDEA BANK FINLAND NY CD DTD 05/29/2015 1.150% 05/26/2017 573,614.25 575,000.00 1,175.56 575,000.00 05/29/1505/27/15Aa3AA- 575,000.00 65558LFA5 1.15 TORONTO DOMINION BANK NY YCD DTD 06/19/2015 1.240% 06/16/2017 625,581.25 625,000.00 925.69 625,000.00 06/19/1506/16/15Aa1AA- 625,000.00 89113ESN7 1.25 7,357.39 2,796,635.20 2,800,000.00 1.08 2,800,000.00 2,800,000.00 Security Type Sub-Total 29,160,000.00 29,312,247.39 1.23 99,581.24 29,240,955.48 29,330,356.02 Managed Account Sub-Total Money Market Fund CAMP Pool 111,134.22 111,134.22 0.00 111,134.22 NRAAAm 111,134.22 Page 10 For the Month Ending July 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par Money Market Fund 111,134.22 111,134.22 0.00 111,134.22 111,134.22 Money Market Sub-Total $29,271,134.22 $29,423,381.61 $99,581.24 $29,352,089.70 $29,441,490.24 1.23% $29,541,071.48 $99,581.24 Total Investments Accrued Interest Securities Sub-Total Page 11 For the Month Ending July 31, 2015Managed Account Fair Market Value & Analytics ValueOn Cost Amort Cost to WorstDated Date/Coupon/Maturity CUSIP Par Broker Date Price at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/Description Next Call Market YTMEffective Duration U.S. Treasury Bond / Note 1.16 711.42 (796.78) 402,687.60 100.67 CITIGRP 400,000.00 912828RJ1US TREASURY NOTES DTD 09/30/2011 1.000% 09/30/2016 0.42 1.16 1.41 2,996.01 3,632.94 502,734.50 100.55 DEUTSCHE 500,000.00 912828RX0US TREASURY NOTES DTD 01/03/2012 0.875% 12/31/2016 0.49 1.41 1.65 1,817.35 (685.79) 679,798.58 100.71 MERRILL 675,000.00 912828SM3US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 0.57 1.65 1.65 7,584.50 6,245.61 1,309,241.70 100.71 MORGANST 1,300,000.00 912828SM3US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 0.57 1.65 2.31 7,134.79 12,375.00 797,000.00 99.63 MERRILL 800,000.00 912828UA6US TREASURY NOTES DTD 11/30/2012 0.625% 11/30/2017 0.79 2.31 2.71 (1,008.88) 396.40 347,210.85 99.20 CSFB 350,000.00 912828UZ1US TREASURY NOTES DTD 04/30/2013 0.625% 04/30/2018 0.92 2.71 2.93 (2,142.29)(4,032.77) 884,570.75 101.09 BARCLAYS 875,000.00 912828VQ0US TREASURY NOTES DTD 07/31/2013 1.375% 07/31/2018 1.00 2.93 3.25 5,071.77 6,078.59 572,093.04 100.37 CITIGRP 570,000.00 912828A34US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 1.14 3.25 3.40 6,887.71 7,366.04 480,158.03 101.09 BARCLAYS 475,000.00 912828B33US TREASURY NOTES DTD 01/31/2014 1.500% 01/31/2019 1.18 3.40 3.53 2,070.71 2,037.48 162,212.48 101.38 CITIGRP 160,000.00 912828C65US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 1.24 3.53 3.53 7,211.77 7,052.66 582,951.10 101.38 MERRILL 575,000.00 912828C65US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 1.24 3.53 3.57 4,525.60 (1,132.69) 534,297.00 106.86 MERRILL 500,000.00 912828KQ2US TREASURY NOTES DTD 05/15/2009 3.125% 05/15/2019 1.27 3.57 4.05 (863.48)(644.46) 295,453.20 98.48 MERRILL 300,000.00 912828TR1US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 1.38 4.05 4.05 1,801.35 3,476.82 984,844.00 98.48 JPMCHASE 1,000,000.00 912828TR1US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 1.38 4.05 3.99 619.69 (829.77) 1,268,555.00 101.48 JPMCHASE 1,250,000.00 912828F39US TREASURY NOTES DTD 09/30/2014 1.750% 09/30/2019 1.38 3.99 4.21 876.80 1,641.02 1,031,379.30 98.23 CITIGRP 1,050,000.00 912828UB4US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 1.42 4.21 42,180.30 1.03 2.99 45,294.82 10,835,187.13 10,780,000.00 Security Type Sub-Total 2.99 Page 12 For the Month Ending July 31, 2015Managed Account Fair Market Value & Analytics Value On CostAmort Cost to WorstDated Date/Coupon/Maturity CUSIP Par Broker Date Price at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/Description Next Call Market YTMEffective Duration Municipal Bond / Note 2.70 2,235.00 2,235.00 127,235.00 101.79 GOLDMAN 125,000.00 91412GUV5UNIV OF CAL TXBL REV BONDS DTD 04/10/2014 1.904% 05/15/2018 1.25 2.70 3.46 1,627.08 1,587.30 167,050.95 101.24 VINING 165,000.00 20772JZK1CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 1.62 3.46 3,822.30 1.46 3.13 3,862.08 294,285.95 290,000.00 Security Type Sub-Total 3.13 Federal Agency Collateralized Mortgage Obligation 1.39 (178.30)(262.89) 136,086.62 100.80 GOLDMAN 135,000.00 3136ANJY4FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 0.90 2.49 (262.89) 0.90 1.39 (178.30) 136,086.62 135,000.00 Security Type Sub-Total 2.49 Federal Agency Bond / Note 1.15 1,019.74 1,817.38 775,073.63 100.01 MORGANST 775,000.00 3130A2T97FHLB NOTES DTD 08/07/2014 0.500% 09/28/2016 0.49 1.15 1.19 2,049.17 954.00 602,778.00 100.46 NOMURA 600,000.00 3137EADS5FHLMC NOTES DTD 08/16/2013 0.875% 10/14/2016 0.49 1.19 1.89 2,232.01 2,045.76 482,607.36 100.54 BNP PARI 480,000.00 3137EADH9FREDDIE MAC GLOBAL NOTES DTD 05/14/2012 1.000% 06/29/2017 0.71 1.89 2.05 719.18 (425.60) 801,558.40 100.19 HSBC 800,000.00 3135G0MZ3FANNIE MAE GLOBAL NOTES DTD 07/20/2012 0.875% 08/28/2017 0.78 2.05 2.13 (624.09)(3,470.35) 476,597.90 100.34 JEFFERIE 475,000.00 3137EADL0FREDDIE MAC GLOBAL NOTES DTD 08/10/2012 1.000% 09/29/2017 0.84 2.13 2.21 5,681.04 8,938.00 1,001,208.00 100.12 SOC GEN 1,000,000.00 3135G0PQ0FANNIE MAE GLOBAL NOTES DTD 09/24/2012 0.875% 10/26/2017 0.82 2.21 2.76 1,694.62 4,292.00 398,232.00 99.56 CSFB 400,000.00 3135G0WJ8FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 1.04 2.76 2.76 248.90 2,619.50 647,127.00 99.56 BNP PARI 650,000.00 3135G0WJ8FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 1.04 2.76 3.22 5,007.34 5,005.70 355,016.20 101.43 HSBC 350,000.00 3135G0YT4FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 1.18 3.22 3.22 4,112.67 3,020.00 633,957.50 101.43 GOLDMAN 625,000.00 3135G0YT4FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 1.18 3.22 Page 13 For the Month Ending July 31, 2015Managed Account Fair Market Value & Analytics ValueOn CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/Description Next Call Market YTMEffective Duration Federal Agency Bond / Note 3.69 1,327.70 718.13 379,978.13 101.33 TD SEC U 375,000.00 3137EADG1FREDDIE MAC NOTES DTD 04/16/2012 1.750% 05/30/2019 1.39 3.69 25,514.52 0.86 2.27 23,468.28 6,554,134.12 6,530,000.00 Security Type Sub-Total 2.27 Corporate Note 0.57 361.07 431.75 250,344.25 100.14 JPMCHASE 250,000.00 713448CE6PEPSICO INC GLOBAL NOTES DTD 02/28/2013 0.700% 02/26/2016 0.46 0.57 0.56 2,022.20 2,706.20 701,859.20 100.27 JPMCHASE 700,000.00 46623EJU4JPMORGAN CHASE & CO GLOBAL NOTES DTD 02/26/2013 1.125% 02/26/2016 0.66 0.56 1.52 3,863.11 5,528.60 703,022.60 100.43 BARCLAYS 700,000.00 25468PCS3WALT DISNEY CO CORPORATE NOTE DTD 02/14/2012 1.125% 02/15/2017 0.84 1.52 1.60 7,081.94 (46,419.08) 505,403.22 107.53 GOLDMAN 470,000.00 931142CG6WAL-MART STORES INC SR NOTES DTD 04/05/2007 5.375% 04/05/2017 0.84 1.60 1.76 1,578.15 (1,317.05) 353,670.45 101.05 GOLDMAN 350,000.00 084664BS9BERKSHIRE HATHAWAY FIN GLOBAL NOTES DTD 05/15/2012 1.600% 05/15/2017 1.01 1.76 1.67 7,561.40 (7,390.60) 707,561.40 101.08 04/15/17BARCLAYS 700,000.00 91159HHD5US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 1.04 2.42 1.84 (102.29)(25.66) 434,769.89 99.95 HSBC 435,000.00 24422ESN0JOHN DEERE CAPITAL CORP NOTES DTD 06/12/2014 1.125% 06/12/2017 1.15 1.84 1.86 855.71 994.00 250,614.00 100.25 HSBC 250,000.00 40434CAA3HSBC USA INC DTD 06/23/2014 1.300% 06/23/2017 1.17 1.86 1.88 519.96 1,438.45 324,940.20 99.98 MORGANST 325,000.00 88579YAE13M COMPANY GLOBAL NOTES DTD 06/26/2012 1.000% 06/26/2017 1.01 1.88 2.00 257.92 307.84 320,147.84 100.05 CITIGRP 320,000.00 14912L6D8CATERPILLAR FINANCIAL SE DTD 08/20/2014 1.250% 08/18/2017 1.23 2.00 2.09 681.99 757.20 200,489.20 100.24 DEUTSCHE 200,000.00 0258M0DR7AMERICAN EXPRESS CREDIT CORP NOTES DTD 09/23/2014 1.550% 09/22/2017 1.43 2.09 2.30 (708.90)(708.90) 149,291.10 99.53 11/05/17MORGANST 150,000.00 166764AA8CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 1.31 3.00 Page 14 For the Month Ending July 31, 2015Managed Account Fair Market Value & Analytics Value On CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/Description Next Call Market YTMEffective Duration Corporate Note 2.30 (1,268.29)(1,773.80) 174,172.95 99.53 11/05/17BARCLAYS 175,000.00 166764AA8CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 1.31 3.00 2.46 (44.22) 514.25 249,369.25 99.75 HSBC 250,000.00 459200HK0IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 1.35 2.46 2.45 2,528.70 2,798.40 402,242.40 100.56 GOLDMAN 400,000.00 084670BH0BERKSHIRE HATHAWAY GLOBAL NOTE DTD 02/11/2013 1.550% 02/09/2018 1.32 2.45 2.64 (606.53)(481.20) 299,242.80 99.75 MORGANST 300,000.00 931142DF7WAL-MART STORES INC GLOBAL NOTES DTD 04/11/2013 1.125% 04/11/2018 1.22 2.64 2.70 (330.51)(287.21) 154,615.14 99.75 MERRILL 155,000.00 594918AS3MICROSOFT CORP GLOBAL NOTES DTD 05/02/2013 1.000% 05/01/2018 1.09 2.70 2.70 (2,503.62)(1,997.64) 306,858.46 98.99 GOLDMAN 310,000.00 037833AJ9APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 1.38 2.70 2.81 2,620.64 2,620.64 442,620.64 100.60 BARCLAYS 440,000.00 166764AE0CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 1.51 2.81 3.41 669.74 168.48 272,733.48 101.01 BONY 270,000.00 17275RAR3CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 1.83 3.41 3.81 5,261.72 5,442.38 579,378.63 100.76 MERRILL 575,000.00 02665WAH4AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 2.05 3.81 3.97 (2,796.90)(5,521.50) 283,561.00 113.42 GOLDMAN 250,000.00 36962G4J0GENERAL ELECTRIC CAP CORP NOTES DTD 01/08/2010 5.500% 01/08/2020 2.30 3.97 4.26 (685.47)(704.25) 74,583.75 99.45 1ST TENN 75,000.00 94974BGF1WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 2.28 4.26 4.26 (4,456.94)(4,702.50) 372,918.75 99.45 JEFFERIE 375,000.00 94974BGF1WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 2.28 4.26 4.33 (2,042.12)(2,159.60) 199,616.40 99.81 HSBC 200,000.00 89236TCF0TOYOTA MOTOR CORP NOTES DTD 03/12/2015 2.150% 03/12/2020 2.19 4.33 (49,780.80) 1.29 2.27 20,318.46 8,714,027.00 8,625,000.00 Security Type Sub-Total 2.36 Certificate of Deposit 1.04 142.20 142.20 450,142.20 100.03 HSBC 450,000.00 40428AC54HSBC BANK USA NA CD DTD 02/13/2015 0.880% 08/15/2016 0.43 1.04 Page 15 For the Month Ending July 31, 2015Managed Account Fair Market Value & Analytics ValueOn CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/Description Next Call Market YTMEffective Duration Certificate of Deposit 1.68 (914.25)(914.25) 574,085.75 99.84 GOLDMAN 575,000.00 13606JYY9CANADIAN IMPERIAL BANK NY YCD DTD 04/10/2015 1.010% 04/06/2017 1.10 1.68 1.72 (1,788.25)(1,788.25) 573,211.75 99.69 GOLDMAN 575,000.00 21684BXH2RABOBANK NEDERLAND NV CERT DEPOS DTD 04/27/2015 1.070% 04/21/2017 1.24 1.72 1.81 (1,385.75)(1,385.75) 573,614.25 99.76 MERRILL 575,000.00 65558LFA5NORDEA BANK FINLAND NY CD DTD 05/29/2015 1.150% 05/26/2017 1.18 1.81 1.86 581.25 581.25 625,581.25 100.09 TD SEC U 625,000.00 89113ESN7TORONTO DOMINION BANK NY YCD DTD 06/19/2015 1.240% 06/16/2017 1.20 1.86 (3,364.80) 1.06 1.65 (3,364.80) 2,796,635.20 2,800,000.00 Security Type Sub-Total 1.65 29,160,000.00 29,330,356.02 18,108.63 89,400.54 2.48 1.08 Managed Account Sub-Total 2.51 Money Market Fund 0.00 0.00 0.00 111,134.22 1.00 111,134.22 CAMP Pool 0.00 111,134.22 111,134.22 0.00 0.00 0.00 Money Market Sub-Total 0.00 Total Investments $29,541,071.48 $99,581.24 $29,441,490.24 Accrued Interest Securities Sub-Total $29,271,134.22 $18,108.63 $89,400.54 2.48 1.08% 2.51 Page 16 For the Month Ending July 31, 2015Managed Account Security Transactions & Interest CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Transaction Type Trade Settle Security Description CUSIP Par Proceeds Principal Accrued Interest Total Cost Realized G/LRealized G/L Sale Amort Cost Method INTEREST 07/25/15 FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 3136ANJY4 0.00 174.38 174.38 135,000.00 07/01/15 07/08/15 GENERAL ELECTRIC CAP CORP NOTES DTD 01/08/2010 5.500% 01/08/2020 36962G4J0 0.00 6,875.00 6,875.00 250,000.00 07/08/15 07/30/15 WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 94974BGF1 0.00 3,986.46 3,986.46 375,000.00 07/30/15 07/30/15 WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 94974BGF1 0.00 797.29 797.29 75,000.00 07/30/15 07/31/15 US TREASURY NOTES DTD 07/31/2013 1.375% 07/31/2018 912828VQ0 0.00 6,015.63 6,015.63 875,000.00 07/31/15 07/31/15 US TREASURY NOTES DTD 01/31/2014 1.500% 01/31/2019 912828B33 0.00 3,562.50 3,562.50 475,000.00 07/31/15 21,411.26 21,411.26 0.00 2,185,000.00 Transaction Type Sub-Total 0.00 21,411.26 21,411.26 Managed Account Sub-Total Total Security Transactions $21,411.26 $21,411.26 $0.00 Page 17 For the Month Ending July 31, 2015Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Total Settlement Dollar AmountShare or Trade Shares OwnedDateTransaction Description of TransactionUnit PriceDate CAMP Pool 92,113.14 Opening Balance 07/08/15 07/08/15Purchase - Individual Portfolio Interest 1.00 6,875.00 98,988.14 07/24/1507/24/15IP Fees June 2015 1.00 (2,234.19) 96,753.95 07/24/1507/24/15U.S. Bank Fees May 2015 1.00 (164.12) 96,589.83 07/27/1507/27/15Purchase - Individual Portfolio Interest 1.00 174.38 96,764.21 07/30/1507/30/15Purchase - Individual Portfolio Interest 1.00 3,986.46 100,750.67 07/30/1507/30/15Purchase - Individual Portfolio Interest 1.00 797.29 101,547.96 07/31/1507/31/15Purchase - Individual Portfolio Interest 1.00 3,562.50 105,110.46 07/31/1507/31/15Purchase - Individual Portfolio Interest 1.00 6,015.63 111,126.09 07/31/1508/03/15Accrual Income Div Reinvestment - Distributions 1.00 8.13 111,134.22 111,134.22 111,134.22 111,134.22 97,462.79 39.23 0.00 (9,347,286.59) 9,350,481.09 107,939.72 8.13 111,134.22 0.00 (2,398.31) 21,419.39 92,113.14 Monthly Distribution Yield Average Monthly Balance Closing Balance Fiscal YTDMonth of Cash Dividends and Income Closing Balance Check Disbursements Redemptions (Excl. Checks) Purchases Opening Balance Closing Balance July January-July 0.10% Page 18 Housing Funds CAMP Account For the Month Ending July 31, 2015Account Statement - Transaction Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Opening Market Value Purchases Redemptions Change in Value Closing Market Value 26,311.23 3,894.83 (407.02) 0.00 $29,799.04 CAMP Pool Unsettled Trades 0.00 2.19 Cash Dividends and Income Opening Market Value Purchases Redemptions Change in Value Closing Market Value 4,969,470.07 0.00 0.00 4,559.75 $4,974,029.82 CAMP Managed Account Unsettled Trades 0.00 3,892.64 Cash Dividends and Income July 31, 2015June 30, 2015 Asset Summary CAMP Pool 29,799.04 26,311.23 CAMP Managed Account 4,974,029.82 4,969,470.07 $5,003,828.86 $4,995,781.30 Total Asset Allocation 0.60% CAMP Pool 99.40% CAMP Managed Account Page 1 For the Month Ending July 31, 2015Managed Account Summary Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Dividend Closing Market Value Redemptions Purchases Opening Market Value Closing Market Value Change in Current Value Unsettled Trades Principal Acquisitions Principal Dispositions Maturities/Calls Opening Market Value Closing Market Value Opening Market Value Account Total Total Cash Basis Earnings Plus Net Realized Gains/Losses Less Purchased Interest Related to Interest/Coupons Interest/Dividends/Coupons Received Earnings Reconciliation (Cash Basis) - Managed Account Dividends Less Beginning Accrued Interest Less Beginning Amortized Value of Securities Less Cost of New Purchases Plus Coupons/Dividends Received Plus Proceeds of Maturities/Calls/Principal Payments Plus Proceeds from Sales Ending Accrued Interest Ending Amortized Value of Securities Earnings Reconciliation (Accrual Basis) Reconciling Transactions Net Cash Contribution Security Purchases Principal Payments Coupon/Interest/Dividend Income Sale Proceeds Maturities/Calls Cash Transactions Summary- Managed Account $26,311.23 3,894.83 (407.02) $29,799.04 2.19 $4,969,470.07 0.00 0.00 0.00 0.00 4,559.75 $4,974,029.82 $4,995,781.30 $5,003,828.86 3,892.64 0.00 0.00 $3,892.64 0.00 0.00 3,892.64 0.00 0.00 (3,892.64) 0.00 Managed Account Total 4,964,172.44 4,993,971.48 14,485.12 0.00 0.00 3,892.64 0.00 (4,964,090.09) (13,512.26) 0.00 14,485.12 407.02 0.00 3,892.64 (3,894.83) (4,990,401.32) (13,512.26) 2.19 Total Accrual Basis Earnings $4,947.85 $4,950.04 Transaction Summary - Managed AccountTransaction Summary - Money Market ___________________________________________________________________________________________________________________________________________________ Cash Balance $0.00 Closing Cash Balance Page 2 For the Month Ending July 31, 2015Portfolio Summary and Statistics CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Account Summary Percent Par ValueMarket ValueDescription U.S. Treasury Bond / Note 2,220,000.00 2,225,913.20 44.48 Municipal Bond / Note 30,000.00 30,372.90 0.61 Federal Agency Collateralized Mortgage Obligation 25,000.00 25,201.23 0.50 Federal Agency Bond / Note 1,040,000.00 1,042,570.89 20.84 Corporate Note 1,450,000.00 1,450,181.00 28.98 Certificate of Deposit 200,000.00 199,790.60 3.99 Managed Account Sub-Total 4,965,000.004,974,029.82 99.40% Accrued Interest 14,485.12 Total Portfolio 4,965,000.004,988,514.94 CAMP Pool 29,799.04 29,799.04 0.60 Total Investments 4,994,799.045,018,313.98 100.00% Unsettled Trades 0.00 0.00 Sector Allocation 3.99% Cert of Deposit 28.98% Corporate Note 0.50% Fed Agency CMO 20.84% Fed Agy Bond / Note 0.60% Mny Mkt Fund 0.61% Muni Bond / Note 44.48% US TSY Bond / Note 0 - 6 Months6 - 12 Months1 - 2 Years2 - 3 Years3 - 4 Years4 - 5 YearsOver 5 Years 0.59% 3.61% 35.05% 30.61% 11.71% 18.43% 0.00% Maturity Distribution Characteristics Yield to Maturity at Cost Yield to Maturity at Market Duration to Worst Weighted Average Days to Maturity 2.46 927 1.15% 1.03% Page 3 For the Month Ending July 31, 2015Managed Account Issuer Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Credit Quality (S&P Ratings) 4.71% A 11.01% A+ 2.00% A-1+ 5.70% AA 66.90% AA+ 8.08% AA- 1.00% AAA 0.60% AAAm Issuer Summary Percentof HoldingsIssuer Market Value 100,761.50 2.01 AMERICAN HONDA FINANCE 54,442.63 1.09 APPLE INC 149,561.55 2.99 BANK OF NEW YORK CO INC 29,799.04 0.60 CAMP Pool 254,649.43 5.09 CHEVRON CORP 50,506.20 1.01 CISCO SYSTEMS INC 99,366.50 1.99 COLGATE-PALMOLIVE COMPANY 505,892.79 10.11 FANNIE MAE 135,012.83 2.70 FEDERAL HOME LOAN BANKS 426,866.50 8.53 FREDDIE MAC 100,031.60 2.00 HSBC HOLDINGS PLC 99,747.70 1.99 IBM CORP 125,332.00 2.50 JP MORGAN CHASE & CO 49,875.85 1.00 MICROSOFT CORP 99,759.00 1.99 NORDEA BANK AB 30,372.90 0.61 STATE OF CONNECTICUT 110,474.98 2.21 THE WALT DISNEY CORPORATION 55,083.66 1.10 TOYOTA MOTOR CORP 2,225,913.20 44.47 UNITED STATES TREASURY 126,350.25 2.53 US BANCORP 174,028.75 3.48 WELLS FARGO & COMPANY $5,003,828.86 Total 100.00% Page 4 For the Month Ending July 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par U.S. Treasury Bond / Note US TREASURY NOTES DTD 01/03/2012 0.875% 12/31/2016 100,546.90 99,947.70 76.09 99,820.31 01/26/1201/23/12AaaAA+ 100,000.00 912828RX0 0.91 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 276,954.98 276,214.58 924.18 277,234.38 03/03/1402/27/14AaaAA+ 275,000.00 912828SM3 0.73 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 302,132.70 300,382.43 1,008.20 300,691.41 03/21/1403/19/14AaaAA+ 300,000.00 912828SM3 0.92 US TREASURY NOTES DTD 04/30/2012 0.875% 04/30/2017 251,132.75 251,079.75 552.82 251,376.95 02/05/1502/04/15AaaAA+ 250,000.00 912828SS0 0.63 US TREASURY NOTES DTD 10/01/2012 0.625% 09/30/2017 99,757.80 99,741.18 210.04 99,417.97 10/31/1210/26/12AaaAA+ 100,000.00 912828TS9 0.75 US TREASURY NOTES DTD 11/30/2012 0.625% 11/30/2017 149,437.50 148,099.73 158.81 147,117.19 05/09/1405/06/14AaaAA+ 150,000.00 912828UA6 1.18 US TREASURY NOTES DTD 07/31/2013 1.375% 07/31/2018 101,093.80 101,338.63 3.74 101,554.69 02/04/1502/02/15AaaAA+ 100,000.00 912828VQ0 0.92 US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 95,348.84 94,503.54 201.16 94,335.74 06/03/1406/02/14AaaAA+ 95,000.00 912828A34 1.41 US TREASURY NOTES DTD 01/31/2014 1.500% 01/31/2019 176,900.33 174,362.75 7.13 174,186.52 07/31/1407/29/14AaaAA+ 175,000.00 912828B33 1.61 US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 25,345.70 25,022.15 136.53 25,027.34 09/04/1409/02/14AaaAA+ 25,000.00 912828C65 1.60 US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 73,863.30 74,079.17 252.05 74,024.41 04/30/1504/28/15AaaAA+ 75,000.00 912828TR1 1.30 US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 172,347.70 172,032.47 588.11 171,739.26 02/27/1502/26/15AaaAA+ 175,000.00 912828TR1 1.42 US TREASURY NOTES DTD 09/30/2014 1.750% 09/30/2019 253,711.00 253,587.06 1,470.29 253,876.95 03/27/1503/26/15AaaAA+ 250,000.00 912828F39 1.39 US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 147,339.90 147,214.64 254.10 147,105.47 05/29/1505/28/15AaaAA+ 150,000.00 912828UB4 1.44 Page 5 For the Month Ending July 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par 5,843.25 2,225,913.20 2,217,605.78 1.10 2,217,508.59 2,220,000.00 Security Type Sub-Total Municipal Bond / Note CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 30,372.90 30,077.07 207.27 30,084.30 03/25/1503/16/15Aa3AA 30,000.00 20772JZK1 1.90 207.27 30,372.90 30,077.07 1.90 30,084.30 30,000.00 Security Type Sub-Total Federal Agency Collateralized Mortgage Obligation FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 25,201.23 25,234.25 32.29 25,249.91 04/30/1504/15/15AaaAA+ 25,000.00 3136ANJY4 0.83 32.29 25,201.23 25,234.25 0.83 25,249.91 25,000.00 Security Type Sub-Total Federal Agency Bond / Note FHLB NOTES DTD 08/07/2014 0.500% 09/28/2016 135,012.83 134,835.19 230.63 134,696.25 08/07/1408/06/14AaaAA+ 135,000.00 3130A2T97 0.61 FHLMC NOTES DTD 08/16/2013 0.875% 10/14/2016 100,463.00 100,121.47 260.07 100,304.00 10/03/1310/01/13AaaAA+ 100,000.00 3137EADS5 0.77 FREDDIE MAC GLOBAL NOTES DTD 05/14/2012 1.000% 06/29/2017 30,162.96 30,019.14 26.67 30,028.62 08/13/1408/11/14AaaAA+ 30,000.00 3137EADH9 0.97 FREDDIE MAC GLOBAL NOTES DTD 05/14/2012 1.000% 06/29/2017 120,651.84 120,093.84 106.67 120,140.40 08/13/1408/11/14AaaAA+ 120,000.00 3137EADH9 0.96 FREDDIE MAC GLOBAL NOTES DTD 08/10/2012 1.000% 09/29/2017 175,588.70 175,818.63 593.06 176,867.25 10/05/1210/04/12AaaAA+ 175,000.00 3137EADL0 0.78 FANNIE MAE GLOBAL NOTES DTD 09/24/2012 0.875% 10/26/2017 150,181.20 149,329.04 346.35 148,840.50 12/03/1311/27/13AaaAA+ 150,000.00 3135G0PQ0 1.08 FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 99,558.00 99,134.34 170.14 98,485.00 05/31/1305/24/13AaaAA+ 100,000.00 3135G0WJ8 1.19 FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 124,447.50 124,399.63 212.67 123,943.75 05/24/1305/22/13AaaAA+ 125,000.00 3135G0WJ8 1.05 Page 6 For the Month Ending July 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par Federal Agency Bond / Note FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 106,504.86 105,813.93 303.33 105,997.50 10/23/1410/22/14AaaAA+ 105,000.00 3135G0YT4 1.39 2,249.59 1,042,570.89 1,039,565.21 0.96 1,039,303.27 1,040,000.00 Security Type Sub-Total Corporate Note JPMORGAN CHASE & CO GLOBAL NOTES DTD 02/26/2013 1.125% 02/26/2016 125,332.00 124,970.89 605.47 124,848.75 02/26/1302/21/13A3A 125,000.00 46623EJU4 1.17 TOYOTA MOTOR CREDIT CORP DTD 05/17/2013 0.800% 05/17/2016 55,083.66 54,993.98 90.44 54,977.45 05/17/1305/14/13Aa3AA- 55,000.00 89236TAL9 0.81 WALT DISNEY CO CORPORATE NOTE DTD 02/14/2012 1.125% 02/15/2017 110,474.98 109,867.92 570.63 109,606.20 06/14/1206/11/12A2A 110,000.00 25468PCS3 1.20 US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 126,350.25 125,984.68 435.42 127,670.00 07/30/1207/25/12A1A+ 125,000.00 91159HHD5 1.19 CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 74,645.55 75,189.10 128.80 75,405.75 12/05/1211/29/12Aa1AA 75,000.00 166764AA8 0.99 CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 99,527.40 100,000.00 171.73 100,000.00 12/05/1211/28/12Aa1AA 100,000.00 166764AA8 1.10 IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 99,747.70 99,765.39 600.69 99,542.00 02/08/1302/05/13Aa3AA- 100,000.00 459200HK0 1.35 BANK OF NEW YORK MELLON (CALLABLE) DTD 03/06/2013 1.350% 03/06/2018 149,561.55 149,977.04 815.63 149,956.50 03/06/1303/04/13A1A+ 150,000.00 06406HCJ6 1.36 MICROSOFT CORP GLOBAL NOTES DTD 05/02/2013 1.000% 05/01/2018 49,875.85 49,982.47 125.00 49,968.50 05/02/1304/25/13AaaAAA 50,000.00 594918AS3 1.01 COLGATE-PALMOLIVE CO NOTES DTD 05/02/2013 0.900% 05/01/2018 99,366.50 99,734.60 225.00 99,523.00 05/02/1304/29/13Aa3AA- 100,000.00 19416QEB2 1.00 APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 54,442.63 54,886.82 134.44 54,797.05 05/03/1304/30/13Aa1AA+ 55,000.00 037833AJ9 1.08 CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 80,476.48 80,000.00 141.26 80,000.00 06/24/1306/17/13Aa1AA 80,000.00 166764AE0 1.72 Page 7 For the Month Ending July 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par Corporate Note CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 50,506.20 50,382.17 442.71 50,475.00 09/04/1408/29/14A1AA- 50,000.00 17275RAR3 1.90 AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 100,761.50 99,846.42 1,037.50 99,815.00 09/09/1409/04/14A1A+ 100,000.00 02665WAH4 2.29 WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 174,028.75 176,108.65 10.45 176,223.25 02/05/1502/02/15A2A+ 175,000.00 94974BGF1 2.00 5,535.17 1,450,181.00 1,451,690.13 1.39 1,452,808.45 1,450,000.00 Security Type Sub-Total Certificate of Deposit HSBC BANK USA NA CD DTD 02/13/2015 0.880% 08/15/2016 100,031.60 100,000.00 413.11 100,000.00 02/13/1502/11/15P-1A-1+ 100,000.00 40428AC54 0.88 NORDEA BANK FINLAND NY CD DTD 05/29/2015 1.150% 05/26/2017 99,759.00 100,000.00 204.44 100,000.00 05/29/1505/27/15Aa3AA- 100,000.00 65558LFA5 1.15 617.55 199,790.60 200,000.00 1.02 200,000.00 200,000.00 Security Type Sub-Total 4,965,000.00 4,964,954.52 1.15 14,485.12 4,964,172.44 4,974,029.82 Managed Account Sub-Total Money Market Fund CAMP Pool 29,799.04 29,799.04 0.00 29,799.04 NRAAAm 29,799.04 29,799.04 29,799.04 0.00 29,799.04 29,799.04 Money Market Sub-Total $4,994,799.04 $4,994,753.56 $14,485.12 $4,993,971.48 $5,003,828.86 1.15% $5,018,313.98 $14,485.12 Total Investments Accrued Interest Securities Sub-Total Page 8 For the Month Ending July 31, 2015Managed Account Fair Market Value & Analytics ValueOn CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Security Type/Description Next Call Market YTMEffective Duration U.S. Treasury Bond / Note 1.41 599.20 726.59 100,546.90 100.55 DEUTSCHE 100,000.00 912828RX0US TREASURY NOTES DTD 01/03/2012 0.875% 12/31/2016 0.49 1.41 1.65 740.40 (279.40) 276,954.98 100.71 MERRILL 275,000.00 912828SM3US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 0.57 1.65 1.65 1,750.27 1,441.29 302,132.70 100.71 MORGANST 300,000.00 912828SM3US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 0.57 1.65 1.73 53.00 (244.20) 251,132.75 100.45 CITIGRP 250,000.00 912828SS0US TREASURY NOTES DTD 04/30/2012 0.875% 04/30/2017 0.61 1.73 2.14 16.62 339.83 99,757.80 99.76 CITIGRP 100,000.00 912828TS9US TREASURY NOTES DTD 10/01/2012 0.625% 09/30/2017 0.74 2.14 2.31 1,337.77 2,320.31 149,437.50 99.63 MERRILL 150,000.00 912828UA6US TREASURY NOTES DTD 11/30/2012 0.625% 11/30/2017 0.79 2.31 2.93 (244.83)(460.89) 101,093.80 101.09 BARCLAYS 100,000.00 912828VQ0US TREASURY NOTES DTD 07/31/2013 1.375% 07/31/2018 1.00 2.93 3.25 845.30 1,013.10 95,348.84 100.37 CITIGRP 95,000.00 912828A34US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 1.14 3.25 3.40 2,537.58 2,713.81 176,900.33 101.09 BARCLAYS 175,000.00 912828B33US TREASURY NOTES DTD 01/31/2014 1.500% 01/31/2019 1.18 3.40 3.53 323.55 318.36 25,345.70 101.38 CITIGRP 25,000.00 912828C65US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 1.24 3.53 4.05 (215.87)(161.11) 73,863.30 98.48 MERRILL 75,000.00 912828TR1US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 1.38 4.05 4.05 315.23 608.44 172,347.70 98.48 JPMCHASE 175,000.00 912828TR1US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 1.38 4.05 3.99 123.94 (165.95) 253,711.00 101.48 JPMCHASE 250,000.00 912828F39US TREASURY NOTES DTD 09/30/2014 1.750% 09/30/2019 1.38 3.99 4.21 125.26 234.43 147,339.90 98.23 CITIGRP 150,000.00 912828UB4US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 1.42 4.21 8,404.61 0.93 2.70 8,307.42 2,225,913.20 2,220,000.00 Security Type Sub-Total 2.70 Municipal Bond / Note 3.46 295.83 288.60 30,372.90 101.24 VINING 30,000.00 20772JZK1CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 1.62 3.46 Page 9 For the Month Ending July 31, 2015Managed Account Fair Market Value & Analytics ValueOn CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Security Type/Description Next Call Market YTMEffective Duration 288.60 1.62 3.46 295.83 30,372.90 30,000.00 Security Type Sub-Total 3.46 Federal Agency Collateralized Mortgage Obligation 1.39 (33.02)(48.68) 25,201.23 100.80 GOLDMAN 25,000.00 3136ANJY4FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 0.90 2.49 (48.68) 0.90 1.39 (33.02) 25,201.23 25,000.00 Security Type Sub-Total 2.49 Federal Agency Bond / Note 1.15 177.64 316.58 135,012.83 100.01 MORGANST 135,000.00 3130A2T97FHLB NOTES DTD 08/07/2014 0.500% 09/28/2016 0.49 1.15 1.19 341.53 159.00 100,463.00 100.46 NOMURA 100,000.00 3137EADS5FHLMC NOTES DTD 08/16/2013 0.875% 10/14/2016 0.49 1.19 1.89 143.82 134.34 30,162.96 100.54 JPMCHASE 30,000.00 3137EADH9FREDDIE MAC GLOBAL NOTES DTD 05/14/2012 1.000% 06/29/2017 0.71 1.89 1.89 558.00 511.44 120,651.84 100.54 BNP PARI 120,000.00 3137EADH9FREDDIE MAC GLOBAL NOTES DTD 05/14/2012 1.000% 06/29/2017 0.71 1.89 2.13 (229.93)(1,278.55) 175,588.70 100.34 JEFFERIE 175,000.00 3137EADL0FREDDIE MAC GLOBAL NOTES DTD 08/10/2012 1.000% 09/29/2017 0.84 2.13 2.21 852.16 1,340.70 150,181.20 100.12 SOC GEN 150,000.00 3135G0PQ0FANNIE MAE GLOBAL NOTES DTD 09/24/2012 0.875% 10/26/2017 0.82 2.21 2.76 423.66 1,073.00 99,558.00 99.56 CSFB 100,000.00 3135G0WJ8FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 1.04 2.76 2.76 47.87 503.75 124,447.50 99.56 BNP PARI 125,000.00 3135G0WJ8FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 1.04 2.76 3.22 690.93 507.36 106,504.86 101.43 GOLDMAN 105,000.00 3135G0YT4FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 1.18 3.22 3,267.62 0.82 2.14 3,005.68 1,042,570.89 1,040,000.00 Security Type Sub-Total 2.14 Corporate Note 0.56 361.11 483.25 125,332.00 100.27 JPMCHASE 125,000.00 46623EJU4JPMORGAN CHASE & CO GLOBAL NOTES DTD 02/26/2013 1.125% 02/26/2016 0.66 0.56 0.79 89.68 106.21 55,083.66 100.15 CITIGRP 55,000.00 89236TAL9TOYOTA MOTOR CREDIT CORP DTD 05/17/2013 0.800% 05/17/2016 0.61 0.79 Page 10 For the Month Ending July 31, 2015Managed Account Fair Market Value & Analytics ValueOn CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Security Type/Description Next Call Market YTMEffective Duration Corporate Note 1.52 607.06 868.78 110,474.98 100.43 BARCLAYS 110,000.00 25468PCS3WALT DISNEY CO CORPORATE NOTE DTD 02/14/2012 1.125% 02/15/2017 0.84 1.52 1.67 365.57 (1,319.75) 126,350.25 101.08 04/15/17BARCLAYS 125,000.00 91159HHD5US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 1.04 2.42 2.30 (543.55)(760.20) 74,645.55 99.53 11/05/17BARCLAYS 75,000.00 166764AA8CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 1.31 3.00 2.30 (472.60)(472.60) 99,527.40 99.53 11/05/17MORGANST 100,000.00 166764AA8CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 1.31 3.00 2.46 (17.69) 205.70 99,747.70 99.75 HSBC 100,000.00 459200HK0IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 1.35 2.46 2.53 (415.49)(394.95) 149,561.55 99.71 GOLDMAN 150,000.00 06406HCJ6BANK OF NEW YORK MELLON (CALLABLE) DTD 03/06/2013 1.350% 03/06/2018 1.46 3.23 2.70 (106.62)(92.65) 49,875.85 99.75 MERRILL 50,000.00 594918AS3MICROSOFT CORP GLOBAL NOTES DTD 05/02/2013 1.000% 05/01/2018 1.09 2.70 2.70 (368.10)(156.50) 99,366.50 99.37 CITIGRP 100,000.00 19416QEB2COLGATE-PALMOLIVE CO NOTES DTD 05/02/2013 0.900% 05/01/2018 1.13 2.70 2.70 (444.19)(354.42) 54,442.63 98.99 GOLDMAN 55,000.00 037833AJ9APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 1.38 2.70 2.81 476.48 476.48 80,476.48 100.60 BARCLAYS 80,000.00 166764AE0CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 1.51 2.81 3.41 124.03 31.20 50,506.20 101.01 BONY 50,000.00 17275RAR3CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 1.83 3.41 3.81 915.08 946.50 100,761.50 100.76 MERRILL 100,000.00 02665WAH4AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 2.05 3.81 4.26 (2,079.90)(2,194.50) 174,028.75 99.45 JEFFERIE 175,000.00 94974BGF1WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 2.28 4.26 (2,627.45) 1.37 2.48 (1,509.13) 1,450,181.00 1,450,000.00 Security Type Sub-Total 2.70 Certificate of Deposit Page 11 For the Month Ending July 31, 2015Managed Account Fair Market Value & Analytics ValueOn CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Security Type/Description Next Call Market YTMEffective Duration Certificate of Deposit 1.04 31.60 31.60 100,031.60 100.03 HSBC 100,000.00 40428AC54HSBC BANK USA NA CD DTD 02/13/2015 0.880% 08/15/2016 0.43 1.04 1.81 (241.00)(241.00) 99,759.00 99.76 MERRILL 100,000.00 65558LFA5NORDEA BANK FINLAND NY CD DTD 05/29/2015 1.150% 05/26/2017 1.18 1.81 (209.40) 0.80 1.43 (209.40) 199,790.60 200,000.00 Security Type Sub-Total 1.43 4,965,000.00 4,974,029.82 9,075.30 9,857.38 2.46 1.03 Managed Account Sub-Total 2.53 Money Market Fund 0.00 0.00 0.00 29,799.04 1.00 29,799.04 CAMP Pool 0.00 29,799.04 29,799.04 0.00 0.00 0.00 Money Market Sub-Total 0.00 Total Investments $5,018,313.98 $14,485.12 $5,003,828.86 Accrued Interest Securities Sub-Total $4,994,799.04 $9,075.30 $9,857.38 2.46 1.03% 2.53 Page 12 For the Month Ending July 31, 2015Managed Account Security Transactions & Interest CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Transaction Type Trade CUSIPSecurity DescriptionSettle Par Proceeds Principal Accrued Interest Total Cost Realized G/LRealized G/L Sale Amort Cost Method INTEREST 07/25/15 FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 3136ANJY4 0.00 32.29 32.29 25,000.00 07/01/15 07/30/15 WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 94974BGF1 0.00 1,860.35 1,860.35 175,000.00 07/30/15 07/31/15 US TREASURY NOTES DTD 01/31/2014 1.500% 01/31/2019 912828B33 0.00 1,312.50 1,312.50 175,000.00 07/31/15 07/31/15 US TREASURY NOTES DTD 07/31/2013 1.375% 07/31/2018 912828VQ0 0.00 687.50 687.50 100,000.00 07/31/15 3,892.64 3,892.64 0.00 475,000.00 Transaction Type Sub-Total 0.00 3,892.64 3,892.64 Managed Account Sub-Total Total Security Transactions $3,892.64 $3,892.64 $0.00 Page 13 For the Month Ending July 31, 2015Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Total Settlement Dollar AmountShare or Trade Shares OwnedDateTransaction Description of TransactionUnit PriceDate CAMP Pool 26,311.23 Opening Balance 07/24/1507/24/15IP Fees June 2015 1.00 (379.13) 25,932.10 07/24/1507/24/15U.S. Bank Fees May 2015 1.00 (27.89) 25,904.21 07/27/1507/27/15Purchase - Individual Portfolio Interest 1.00 32.29 25,936.50 07/30/1507/30/15Purchase - Individual Portfolio Interest 1.00 1,860.35 27,796.85 07/31/1507/31/15Purchase - Individual Portfolio Interest 1.00 1,312.50 29,109.35 07/31/1507/31/15Purchase - Individual Portfolio Interest 1.00 687.50 29,796.85 07/31/1508/03/15Accrual Income Div Reinvestment - Distributions 1.00 2.19 29,799.04 29,799.04 29,799.04 29,799.04 26,396.01 11.31 0.00 (1,466,069.90) 1,461,711.12 34,157.82 2.19 29,799.04 0.00 (407.02) 3,894.83 26,311.23 Monthly Distribution Yield Average Monthly Balance Closing Balance Fiscal YTDMonth of Cash Dividends and Income Closing Balance Check Disbursements Redemptions (Excl. Checks) Purchases Opening Balance Closing Balance July January-July 0.10% Page 14 Successor Agency CAMP Account For the Month Ending July 31, 2015Account Statement - Transaction Summary CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Opening Market Value Purchases Redemptions Change in Value Closing Market Value 60,200.78 2,037.26 (419.57) 0.00 $61,818.47 CAMP Pool Unsettled Trades 0.00 4.97 Cash Dividends and Income Opening Market Value Purchases Redemptions Change in Value Closing Market Value 5,134,057.40 0.00 0.00 4,801.19 $5,138,858.59 CAMP Managed Account Unsettled Trades 0.00 2,032.29 Cash Dividends and Income July 31, 2015June 30, 2015 Asset Summary CAMP Pool 61,818.47 60,200.78 CAMP Managed Account 5,138,858.59 5,134,057.40 $5,200,677.06 $5,194,258.18 Total Asset Allocation 1.19% CAMP Pool 98.81% CAMP Managed Account Page 1 For the Month Ending July 31, 2015Managed Account Summary Statement CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Dividend Closing Market Value Redemptions Purchases Opening Market Value Closing Market Value Change in Current Value Unsettled Trades Principal Acquisitions Principal Dispositions Maturities/Calls Opening Market Value Closing Market Value Opening Market Value Account Total Total Cash Basis Earnings Plus Net Realized Gains/Losses Less Purchased Interest Related to Interest/Coupons Interest/Dividends/Coupons Received Earnings Reconciliation (Cash Basis) - Managed Account Dividends Less Beginning Accrued Interest Less Beginning Amortized Value of Securities Less Cost of New Purchases Plus Coupons/Dividends Received Plus Proceeds of Maturities/Calls/Principal Payments Plus Proceeds from Sales Ending Accrued Interest Ending Amortized Value of Securities Earnings Reconciliation (Accrual Basis) Reconciling Transactions Net Cash Contribution Security Purchases Principal Payments Coupon/Interest/Dividend Income Sale Proceeds Maturities/Calls Cash Transactions Summary- Managed Account $60,200.78 2,037.26 (419.57) $61,818.47 4.97 $5,134,057.40 0.00 0.00 0.00 0.00 4,801.19 $5,138,858.59 $5,194,258.18 $5,200,677.06 2,032.29 0.00 0.00 $2,032.29 0.00 0.00 2,032.29 0.00 0.00 (2,032.29) 0.00 Managed Account Total 5,117,191.08 5,179,009.55 16,832.22 0.00 0.00 2,032.29 0.00 (5,117,029.73) (13,562.23) 0.00 16,832.22 419.57 0.00 2,032.29 (2,037.26) (5,177,230.51) (13,562.23) 4.97 Total Accrual Basis Earnings $5,463.63 $5,468.60 Transaction Summary - Managed AccountTransaction Summary - Money Market ___________________________________________________________________________________________________________________________________________________ Cash Balance $0.00 Closing Cash Balance Page 2 For the Month Ending July 31, 2015Portfolio Summary and Statistics CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Account Summary Percent Par ValueMarket ValueDescription U.S. Treasury Bond / Note 2,283,000.00 2,293,507.87 44.11 Municipal Bond / Note 30,000.00 30,372.90 0.58 Federal Agency Collateralized Mortgage Obligation 25,000.00 25,201.23 0.48 Federal Agency Bond / Note 1,165,000.00 1,170,235.54 22.50 Corporate Note 1,415,000.00 1,419,750.45 27.30 Certificate of Deposit 200,000.00 199,790.60 3.84 Managed Account Sub-Total 5,118,000.005,138,858.59 98.81% Accrued Interest 16,832.22 Total Portfolio 5,118,000.005,155,690.81 CAMP Pool 61,818.47 61,818.47 1.19 Total Investments 5,179,818.475,217,509.28 100.00% Unsettled Trades 0.00 0.00 Sector Allocation 3.84% Cert of Deposit 27.30% Corporate Note 0.48% Fed Agency CMO 22.50% Fed Agy Bond / Note 1.19% Mny Mkt Fund 0.58% Muni Bond / Note 44.11% US TSY Bond / Note 0 - 6 Months6 - 12 Months1 - 2 Years2 - 3 Years3 - 4 Years4 - 5 YearsOver 5 Years 1.19% 4.43% 35.23% 21.31%20.63% 17.21% 0.00% Maturity Distribution Characteristics Yield to Maturity at Cost Yield to Maturity at Market Duration to Worst Weighted Average Days to Maturity 2.51 947 1.22% 1.03% Page 3 For the Month Ending July 31, 2015Managed Account Issuer Summary CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Credit Quality (S&P Ratings) 8.20% A 9.19% A+ 1.92% A-1+ 2.13% AA 68.14% AA+ 8.27% AA- 0.96% AAA 1.19% AAAm Issuer Summary Percentof HoldingsIssuer Market Value 124,977.00 2.40 3M COMPANY 100,761.50 1.94 AMERICAN HONDA FINANCE 54,442.63 1.05 APPLE INC 124,634.63 2.40 BANK OF NEW YORK CO INC 61,818.47 1.19 CAMP Pool 80,476.48 1.55 CHEVRON CORP 50,506.20 0.97 CISCO SYSTEMS INC 807,969.69 15.54 FANNIE MAE 135,012.83 2.60 FEDERAL HOME LOAN BANKS 252,454.25 4.85 FREDDIE MAC 100,031.60 1.92 HSBC HOLDINGS PLC 99,747.70 1.92 IBM CORP 175,464.80 3.37 JP MORGAN CHASE & CO 49,875.85 0.96 MICROSOFT CORP 99,759.00 1.92 NORDEA BANK AB 30,372.90 0.58 STATE OF CONNECTICUT 251,079.50 4.83 THE WALT DISNEY CORPORATION 55,083.66 1.06 TOYOTA MOTOR CORP 2,293,507.87 44.09 UNITED STATES TREASURY 252,700.50 4.86 US BANCORP $5,200,677.06 Total 100.00% Page 4 For the Month Ending July 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par U.S. Treasury Bond / Note US TREASURY NOTES DTD 01/03/2012 0.875% 12/31/2016 189,028.17 187,901.67 143.04 187,662.18 01/26/1201/23/12AaaAA+ 188,000.00 912828RX0 0.91 US TREASURY NOTES DTD 02/29/2012 0.875% 02/28/2017 100,531.20 99,900.06 366.17 99,691.41 03/15/1203/13/12AaaAA+ 100,000.00 912828SJ0 0.94 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 226,599.53 225,993.74 756.15 226,828.13 03/03/1402/27/14AaaAA+ 225,000.00 912828SM3 0.73 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 251,777.25 250,318.69 840.16 250,576.17 03/21/1403/19/14AaaAA+ 250,000.00 912828SM3 0.92 US TREASURY NOTES DTD 11/30/2012 0.625% 11/30/2017 124,531.25 123,416.44 132.34 122,597.66 05/09/1405/06/14AaaAA+ 125,000.00 912828UA6 1.18 US TREASURY NOTES DTD 07/31/2013 1.375% 07/31/2018 101,093.80 101,338.63 3.74 101,554.69 02/04/1502/02/15AaaAA+ 100,000.00 912828VQ0 0.92 US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 20,073.44 19,840.30 42.35 19,790.63 07/07/1407/01/14AaaAA+ 20,000.00 912828A34 1.50 US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 75,275.40 74,608.07 158.81 74,475.59 06/03/1406/02/14AaaAA+ 75,000.00 912828A34 1.41 US TREASURY NOTES DTD 01/31/2014 1.500% 01/31/2019 176,900.33 174,362.75 7.13 174,186.52 07/31/1407/29/14AaaAA+ 175,000.00 912828B33 1.61 US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 25,345.70 25,022.15 136.53 25,027.34 09/04/1409/02/14AaaAA+ 25,000.00 912828C65 1.60 US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 101,382.80 100,128.58 546.11 100,156.25 10/06/1410/02/14AaaAA+ 100,000.00 912828C65 1.59 US TREASURY NOTES DTD 05/15/2009 3.125% 05/15/2019 106,859.40 105,954.28 662.36 107,085.94 11/03/1410/30/14AaaAA+ 100,000.00 912828KQ2 1.50 US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 147,726.60 148,158.34 504.10 148,048.83 04/30/1504/28/15AaaAA+ 150,000.00 912828TR1 1.30 US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 221,589.90 221,184.60 756.15 220,807.62 02/27/1502/26/15AaaAA+ 225,000.00 912828TR1 1.42 Page 5 For the Month Ending July 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par U.S. Treasury Bond / Note US TREASURY NOTES DTD 09/30/2014 1.750% 09/30/2019 228,339.90 228,228.36 1,323.26 228,489.26 03/27/1503/26/15AaaAA+ 225,000.00 912828F39 1.39 US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 196,453.20 196,286.19 338.80 196,140.63 05/29/1505/28/15AaaAA+ 200,000.00 912828UB4 1.44 6,717.20 2,293,507.87 2,282,642.85 1.22 2,283,118.85 2,283,000.00 Security Type Sub-Total Municipal Bond / Note CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 30,372.90 30,077.07 207.27 30,084.30 03/25/1503/16/15Aa3AA 30,000.00 20772JZK1 1.90 207.27 30,372.90 30,077.07 1.90 30,084.30 30,000.00 Security Type Sub-Total Federal Agency Collateralized Mortgage Obligation FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 25,201.23 25,234.25 32.29 25,249.91 04/30/1504/15/15AaaAA+ 25,000.00 3136ANJY4 0.83 32.29 25,201.23 25,234.25 0.83 25,249.91 25,000.00 Security Type Sub-Total Federal Agency Bond / Note FHLB NOTES DTD 08/07/2014 0.500% 09/28/2016 135,012.83 134,835.19 230.63 134,696.25 08/07/1408/06/14AaaAA+ 135,000.00 3130A2T97 0.61 FHLMC NOTES DTD 08/16/2013 0.875% 10/14/2016 100,463.00 100,121.47 260.07 100,304.00 10/03/1310/01/13AaaAA+ 100,000.00 3137EADS5 0.77 FANNIE MAE GLOBAL NOTES DTD 07/20/2012 0.875% 08/28/2017 100,194.80 100,104.90 367.01 100,248.00 09/10/1209/06/12AaaAA+ 100,000.00 3135G0MZ3 0.82 FANNIE MAE GLOBAL NOTES DTD 09/24/2012 0.875% 10/26/2017 225,271.80 223,993.57 519.53 223,260.75 12/03/1311/27/13AaaAA+ 225,000.00 3135G0PQ0 1.08 FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 74,668.50 74,350.76 127.60 73,863.75 05/31/1305/24/13AaaAA+ 75,000.00 3135G0WJ8 1.19 FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 149,337.00 149,279.56 255.21 148,732.50 05/24/1305/22/13AaaAA+ 150,000.00 3135G0WJ8 1.05 Page 6 For the Month Ending July 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par Federal Agency Bond / Note FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 106,504.86 105,813.93 303.33 105,997.50 10/23/1410/22/14AaaAA+ 105,000.00 3135G0YT4 1.39 FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 126,791.50 125,003.16 361.11 125,003.75 06/19/1406/16/14AaaAA+ 125,000.00 3135G0YT4 1.62 FREDDIE MAC NOTES DTD 04/16/2012 1.750% 05/30/2019 151,991.25 151,460.17 444.79 151,704.00 12/03/1412/01/14AaaAA+ 150,000.00 3137EADG1 1.49 2,869.28 1,170,235.54 1,164,962.71 1.12 1,163,810.50 1,165,000.00 Security Type Sub-Total Corporate Note JPMORGAN CHASE & CO GLOBAL NOTES DTD 02/26/2013 1.125% 02/26/2016 175,464.80 174,959.25 847.66 174,788.25 02/26/1302/21/13A3A 175,000.00 46623EJU4 1.17 TOYOTA MOTOR CREDIT CORP DTD 05/17/2013 0.800% 05/17/2016 55,083.66 54,993.98 90.44 54,977.45 05/17/1305/14/13Aa3AA- 55,000.00 89236TAL9 0.81 WALT DISNEY CO CORPORATE NOTE DTD 02/14/2012 1.125% 02/15/2017 251,079.50 249,699.82 1,296.88 249,105.00 06/14/1206/11/12A2A 250,000.00 25468PCS3 1.20 US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 252,700.50 250,000.00 870.83 255,340.00 07/30/1207/25/12A1A+ 250,000.00 91159HHD5 1.19 3M COMPANY GLOBAL NOTES DTD 06/26/2012 1.000% 06/26/2017 124,977.00 124,777.01 121.53 124,423.75 06/26/1206/21/12Aa3AA- 125,000.00 88579YAE1 1.10 IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 99,747.70 99,765.39 600.69 99,542.00 02/08/1302/05/13Aa3AA- 100,000.00 459200HK0 1.35 BANK OF NEW YORK MELLON (CALLABLE) DTD 03/06/2013 1.350% 03/06/2018 124,634.63 124,980.87 679.69 124,963.75 03/06/1303/04/13A1A+ 125,000.00 06406HCJ6 1.36 MICROSOFT CORP GLOBAL NOTES DTD 05/02/2013 1.000% 05/01/2018 49,875.85 49,982.47 125.00 49,968.50 05/02/1304/25/13AaaAAA 50,000.00 594918AS3 1.01 APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 54,442.63 54,886.82 134.44 54,797.05 05/03/1304/30/13Aa1AA+ 55,000.00 037833AJ9 1.08 Page 7 For the Month Ending July 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par Corporate Note CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 80,476.48 80,000.00 141.26 80,000.00 06/24/1306/17/13Aa1AA 80,000.00 166764AE0 1.72 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 50,506.20 50,382.17 442.71 50,475.00 09/04/1408/29/14A1AA- 50,000.00 17275RAR3 1.90 AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 100,761.50 99,846.42 1,037.50 99,815.00 09/09/1409/04/14A1A+ 100,000.00 02665WAH4 2.29 6,388.63 1,419,750.45 1,414,274.20 1.31 1,418,195.75 1,415,000.00 Security Type Sub-Total Certificate of Deposit HSBC BANK USA NA CD DTD 02/13/2015 0.880% 08/15/2016 100,031.60 100,000.00 413.11 100,000.00 02/13/1502/11/15P-1A-1+ 100,000.00 40428AC54 0.88 NORDEA BANK FINLAND NY CD DTD 05/29/2015 1.150% 05/26/2017 99,759.00 100,000.00 204.44 100,000.00 05/29/1505/27/15Aa3AA- 100,000.00 65558LFA5 1.15 617.55 199,790.60 200,000.00 1.02 200,000.00 200,000.00 Security Type Sub-Total 5,118,000.00 5,120,459.31 1.22 16,832.22 5,117,191.08 5,138,858.59 Managed Account Sub-Total Money Market Fund CAMP Pool 61,818.47 61,818.47 0.00 61,818.47 NRAAAm 61,818.47 61,818.47 61,818.47 0.00 61,818.47 61,818.47 Money Market Sub-Total $5,179,818.47 $5,182,277.78 $16,832.22 $5,179,009.55 $5,200,677.06 1.22% $5,217,509.28 $16,832.22 Total Investments Accrued Interest Securities Sub-Total Page 8 For the Month Ending July 31, 2015Managed Account Fair Market Value & Analytics ValueOn CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Security Type/Description Next Call Market YTMEffective Duration U.S. Treasury Bond / Note 1.41 1,126.50 1,365.99 189,028.17 100.55 DEUTSCHE 188,000.00 912828RX0US TREASURY NOTES DTD 01/03/2012 0.875% 12/31/2016 0.49 1.41 1.57 631.14 839.79 100,531.20 100.53 BARCLAYS 100,000.00 912828SJ0US TREASURY NOTES DTD 02/29/2012 0.875% 02/28/2017 0.54 1.57 1.65 605.79 (228.60) 226,599.53 100.71 MERRILL 225,000.00 912828SM3US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 0.57 1.65 1.65 1,458.56 1,201.08 251,777.25 100.71 MORGANST 250,000.00 912828SM3US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 0.57 1.65 2.31 1,114.81 1,933.59 124,531.25 99.63 MERRILL 125,000.00 912828UA6US TREASURY NOTES DTD 11/30/2012 0.625% 11/30/2017 0.79 2.31 2.93 (244.83)(460.89) 101,093.80 101.09 BARCLAYS 100,000.00 912828VQ0US TREASURY NOTES DTD 07/31/2013 1.375% 07/31/2018 1.00 2.93 3.25 233.14 282.81 20,073.44 100.37 MERRILL 20,000.00 912828A34US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 1.14 3.25 3.25 667.33 799.81 75,275.40 100.37 CITIGRP 75,000.00 912828A34US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 1.14 3.25 3.40 2,537.58 2,713.81 176,900.33 101.09 BARCLAYS 175,000.00 912828B33US TREASURY NOTES DTD 01/31/2014 1.500% 01/31/2019 1.18 3.40 3.53 323.55 318.36 25,345.70 101.38 CITIGRP 25,000.00 912828C65US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 1.24 3.53 3.53 1,254.22 1,226.55 101,382.80 101.38 MERRILL 100,000.00 912828C65US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 1.24 3.53 3.57 905.12 (226.54) 106,859.40 106.86 MERRILL 100,000.00 912828KQ2US TREASURY NOTES DTD 05/15/2009 3.125% 05/15/2019 1.27 3.57 4.05 (431.74)(322.23) 147,726.60 98.48 MERRILL 150,000.00 912828TR1US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 1.38 4.05 4.05 405.30 782.28 221,589.90 98.48 JPMCHASE 225,000.00 912828TR1US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 1.38 4.05 3.99 111.54 (149.36) 228,339.90 101.48 JPMCHASE 225,000.00 912828F39US TREASURY NOTES DTD 09/30/2014 1.750% 09/30/2019 1.38 3.99 4.21 167.01 312.57 196,453.20 98.23 CITIGRP 200,000.00 912828UB4US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 1.42 4.21 10,389.02 1.02 2.95 10,865.02 2,293,507.87 2,283,000.00 Security Type Sub-Total 2.95 Page 9 For the Month Ending July 31, 2015Managed Account Fair Market Value & Analytics ValueOn CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Security Type/Description Next Call Market YTMEffective Duration Municipal Bond / Note 3.46 295.83 288.60 30,372.90 101.24 VINING 30,000.00 20772JZK1CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 1.62 3.46 288.60 1.62 3.46 295.83 30,372.90 30,000.00 Security Type Sub-Total 3.46 Federal Agency Collateralized Mortgage Obligation 1.39 (33.02)(48.68) 25,201.23 100.80 GOLDMAN 25,000.00 3136ANJY4FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 0.90 2.49 (48.68) 0.90 1.39 (33.02) 25,201.23 25,000.00 Security Type Sub-Total 2.49 Federal Agency Bond / Note 1.15 177.64 316.58 135,012.83 100.01 MORGANST 135,000.00 3130A2T97FHLB NOTES DTD 08/07/2014 0.500% 09/28/2016 0.49 1.15 1.19 341.53 159.00 100,463.00 100.46 NOMURA 100,000.00 3137EADS5FHLMC NOTES DTD 08/16/2013 0.875% 10/14/2016 0.49 1.19 2.05 89.90 (53.20) 100,194.80 100.19 HSBC 100,000.00 3135G0MZ3FANNIE MAE GLOBAL NOTES DTD 07/20/2012 0.875% 08/28/2017 0.78 2.05 2.21 1,278.23 2,011.05 225,271.80 100.12 SOC GEN 225,000.00 3135G0PQ0FANNIE MAE GLOBAL NOTES DTD 09/24/2012 0.875% 10/26/2017 0.82 2.21 2.76 317.74 804.75 74,668.50 99.56 CSFB 75,000.00 3135G0WJ8FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 1.04 2.76 2.76 57.44 604.50 149,337.00 99.56 BNP PARI 150,000.00 3135G0WJ8FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 1.04 2.76 3.22 690.93 507.36 106,504.86 101.43 GOLDMAN 105,000.00 3135G0YT4FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 1.18 3.22 3.22 1,788.34 1,787.75 126,791.50 101.43 HSBC 125,000.00 3135G0YT4FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 1.18 3.22 3.69 531.08 287.25 151,991.25 101.33 TD SEC U 150,000.00 3137EADG1FREDDIE MAC NOTES DTD 04/16/2012 1.750% 05/30/2019 1.39 3.69 6,425.04 0.94 2.48 5,272.83 1,170,235.54 1,165,000.00 Security Type Sub-Total 2.48 Corporate Note Page 10 For the Month Ending July 31, 2015Managed Account Fair Market Value & Analytics ValueOn CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Security Type/Description Next Call Market YTMEffective Duration Corporate Note 0.56 505.55 676.55 175,464.80 100.27 JPMCHASE 175,000.00 46623EJU4JPMORGAN CHASE & CO GLOBAL NOTES DTD 02/26/2013 1.125% 02/26/2016 0.66 0.56 0.79 89.68 106.21 55,083.66 100.15 CITIGRP 55,000.00 89236TAL9TOYOTA MOTOR CREDIT CORP DTD 05/17/2013 0.800% 05/17/2016 0.61 0.79 1.52 1,379.68 1,974.50 251,079.50 100.43 BARCLAYS 250,000.00 25468PCS3WALT DISNEY CO CORPORATE NOTE DTD 02/14/2012 1.125% 02/15/2017 0.84 1.52 1.67 2,700.50 (2,639.50) 252,700.50 101.08 04/15/17BARCLAYS 250,000.00 91159HHD5US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 1.04 2.42 1.88 199.99 553.25 124,977.00 99.98 MORGANST 125,000.00 88579YAE13M COMPANY GLOBAL NOTES DTD 06/26/2012 1.000% 06/26/2017 1.01 1.88 2.46 (17.69) 205.70 99,747.70 99.75 HSBC 100,000.00 459200HK0IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 1.35 2.46 2.53 (346.24)(329.12) 124,634.63 99.71 GOLDMAN 125,000.00 06406HCJ6BANK OF NEW YORK MELLON (CALLABLE) DTD 03/06/2013 1.350% 03/06/2018 1.46 3.23 2.70 (106.62)(92.65) 49,875.85 99.75 MERRILL 50,000.00 594918AS3MICROSOFT CORP GLOBAL NOTES DTD 05/02/2013 1.000% 05/01/2018 1.09 2.70 2.70 (444.19)(354.42) 54,442.63 98.99 GOLDMAN 55,000.00 037833AJ9APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 1.38 2.70 2.81 476.48 476.48 80,476.48 100.60 BARCLAYS 80,000.00 166764AE0CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 1.51 2.81 3.41 124.03 31.20 50,506.20 101.01 BONY 50,000.00 17275RAR3CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 1.83 3.41 3.81 915.08 946.50 100,761.50 100.76 MERRILL 100,000.00 02665WAH4AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 2.05 3.81 1,554.70 1.14 1.98 5,476.25 1,419,750.45 1,415,000.00 Security Type Sub-Total 2.17 Certificate of Deposit 1.04 31.60 31.60 100,031.60 100.03 HSBC 100,000.00 40428AC54HSBC BANK USA NA CD DTD 02/13/2015 0.880% 08/15/2016 0.43 1.04 1.81 (241.00)(241.00) 99,759.00 99.76 MERRILL 100,000.00 65558LFA5NORDEA BANK FINLAND NY CD DTD 05/29/2015 1.150% 05/26/2017 1.18 1.81 (209.40) 0.80 1.43 (209.40) 199,790.60 200,000.00 Security Type Sub-Total 1.43 Page 11 For the Month Ending July 31, 2015Managed Account Fair Market Value & Analytics ValueOn CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Security Type/Description Next Call Market YTMEffective Duration 5,118,000.00 5,138,858.59 18,399.28 21,667.51 2.51 1.03 Managed Account Sub-Total 2.57 Money Market Fund 0.00 0.00 0.00 61,818.47 1.00 61,818.47 CAMP Pool 0.00 61,818.47 61,818.47 0.00 0.00 0.00 Money Market Sub-Total 0.00 Total Investments $5,217,509.28 $16,832.22 $5,200,677.06 Accrued Interest Securities Sub-Total $5,179,818.47 $18,399.28 $21,667.51 2.51 1.03% 2.57 Page 12 For the Month Ending July 31, 2015Managed Account Security Transactions & Interest CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Transaction Type Trade CUSIPSecurity DescriptionSettle Par Proceeds Principal Accrued Interest Total Cost Realized G/LRealized G/L Sale Amort Cost Method INTEREST 07/25/15 FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 3136ANJY4 0.00 32.29 32.29 25,000.00 07/01/15 07/31/15 US TREASURY NOTES DTD 01/31/2014 1.500% 01/31/2019 912828B33 0.00 1,312.50 1,312.50 175,000.00 07/31/15 07/31/15 US TREASURY NOTES DTD 07/31/2013 1.375% 07/31/2018 912828VQ0 0.00 687.50 687.50 100,000.00 07/31/15 2,032.29 2,032.29 0.00 300,000.00 Transaction Type Sub-Total 0.00 2,032.29 2,032.29 Managed Account Sub-Total Total Security Transactions $2,032.29 $2,032.29 $0.00 Page 13 For the Month Ending July 31, 2015Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Total Settlement Dollar AmountShare or Trade Shares OwnedDateTransaction Description of TransactionUnit PriceDate CAMP Pool 60,200.78 Opening Balance 07/24/1507/24/15IP Fees June 2015 1.00 (390.77) 59,810.01 07/24/1507/24/15U.S. Bank Fees May 2015 1.00 (28.80) 59,781.21 07/27/1507/27/15Purchase - Individual Portfolio Interest 1.00 32.29 59,813.50 07/31/1507/31/15Purchase - Individual Portfolio Interest 1.00 1,312.50 61,126.00 07/31/1507/31/15Purchase - Individual Portfolio Interest 1.00 687.50 61,813.50 07/31/1508/03/15Accrual Income Div Reinvestment - Distributions 1.00 4.97 61,818.47 61,818.47 61,818.47 61,818.47 60,162.39 16.21 0.00 (1,165,019.14) 1,212,876.92 13,960.69 4.97 61,818.47 0.00 (419.57) 2,037.26 60,200.78 Monthly Distribution Yield Average Monthly Balance Closing Balance Fiscal YTDMonth of Cash Dividends and Income Closing Balance Check Disbursements Redemptions (Excl. Checks) Purchases Opening Balance Closing Balance July January-July 0.10% Page 14 CITY OF LAKE ELSINORE INVESTMENT REPORT AUGUST 2015 BANK DEPOSITS OUTSTANDING BOOK CASH ACCOUNTS BALANCE IN TRANSIT CHECKS BALANCE Bank Accounts: General Checking Account 6,406,334$ 387,667$ (2,510,586)$ 4,283,415$ Cash On Hand: Cashier Drawers #1 & #2 - - - 300 City of Lake Elsinore Petty Cash Fund - - - 1,000 Total Cash Accounts 6,406,334 387,667 (2,510,586) 4,284,715 INVESTMENTS City Investments: City Local Agency Investment Fund 11,834,021 - - 11,834,021 City Local Agency Investment Fund for the PFA 329,037 - - 329,037 City CAMP Investments: CAMP Pool Account 136,306 - - 136,306 U.S. Treasury Bond / Note 10,793,007 - - 10,793,007 Municipal Bond / Note 290,464 - - 290,464 Federal Agency Collateralized Mortgage Obligation 136,350 - - 136,350 Federal Agency Bond / Note 6,528,620 - - 6,528,620 Corporate Note 8,763,808 - - 8,763,808 Certificate of Deposit 2,800,000 - - 2,800,000 Housing CAMP Investments: Housing CAMP Pool Account 32,946 - - 32,946 Housing U.S. Treasury Bond / Notes 2,217,509 - - 2,217,509 Housing Municipal Bond / Notes 30,084 - - 30,084 Housing Federal Agency Collateralized Mortgage 25,250 - - 25,250 Housing Federal Agency Bond / Notes 1,039,303 - - 1,039,303 Housing Corporate Notes 1,452,808 - - 1,452,808 Housing Certificate of Deposit 200,000 - - 200,000 Successor Investments: Successor Local Agency Investment Fund 90,289 - - 90,289 Successor CAMP Investments: Successor CAMP Pool Account 66,899 - - 66,899 Successor U.S. Treasury Bond / Notes 2,283,119 - - 2,283,119 Successor Municipal Bond / notes 30,084 - - 30,084 Successor Federal Agency Collaterized Mortgage 25,250 - - 25,250 Successor Federal Agency Bond / Notes 1,163,811 - - 1,163,811 Successor Corporate Notes 1,418,196 - - 1,418,196 Successor Certificate of Deposit 200,000 - - 200,000 Sub-total Investments 51,887,160 - - 51,887,160 Market Value Adjustment: Unrealized Gain/ (Loss) at 06-30-15 City 4,631 - - 4,631 Unrealized Gain/ (Loss) at 06-30-15 SARDA 13,632 - - 13,632 Total Unrealized Gain/ (Loss) at 06-30-15 per GASB 31 18,263 - - 18,263 Total Investments 51,905,423 - - 51,905,423 Total Pooled Cash and Investments 58,311,757$ 387,667$ (2,510,586)$ 56,190,138$ TOTAL POOLED CASH AND INVESTMENTS 56,190,138$ I certify that this report accurately reflects all pooled investments and it is in conformity with the investment policy as approved by the City Council on June 9, 2015. A copy of this policy is available in the office of the City Clerk. The pooled investments shown above provide sufficient cash flow liquidity to meet the next six months estimated expenditures. Jason P. Simpson December 23, 2015 Director of Administrative Services Date C I T Y O F L A K E E L S I N O R E INVESTMENT REPORT OF POOLED CASH AND INVESTMENTS AS OF AUGUST 31, 2015 Interest Rate Purchase Date Maturity Rate 0.330%Daily 24-Hour Agency Beginning Balance Net Increase/(Decrease)Ending Balance City 11,834,021$ -$ 11,834,021$ City for the PFA 329,037$ -$ 329,037$ Successor Agency 90,289$ -$ 90,289$ Total Investments Held with Local Agency Investment Fund:12,253,347$ -$ 12,253,347$ C I T Y O F L A K E E L S I N O R E LOCAL AGENCY INVESTMENT FUND TRANSACTION SUMMARY FOR THE MONTH ENDING AUGUST 31, 2015 3 of 5 FUND NO FUND NAME AMOUNT 100 General Fund 10,389,640$ 101 Supplemental Law Enforcement Fund 16,667 104 Traffic Offender Fund 14,337 106 Affordable Housing In Lieu Fund 2,441,482 107 Developer Agreement Revenue 1,311,379 110 State Gas Tax Fund 1,437,065 112 Measure A Fund 927,621 114 SB1186 CASP Education Program Fund 4,131 115 Traffic Safety Fund 31,288 116 City Hall-Public Works DIF Fund 967,902 117 Community Center DIF Fund 398,366 118 Lake Side Facility DIF Fund 694,809 120 Camino Del Norte DIF 36,424 121 T.R.I.P.-2014A 558,021 135 Lighting & Landscape Maintenance Fund - Dist. No. 1 358,851 140 Geothermal Fund 19,538 155 CSA152 -- N.P.D.E.S.94,650 201 Street C.I.P. Fund 97 204 Signal C.I.P. Fund 800 205 Traffic Impact Fee Fund 3,196,735 211 Storm Drain C.I.P. Fund 3,426,218 221 Quimby Park C.I.P. Fund 21,998 231 Library C.I.P. Fund 1,639,747 232 City Fire Protection Fund 27,143 254 AD 89-1 Railroad Canyon Rd. Improvement Fund 126,253 268 CFD 2006-2 Viscaya Improvement 215 271 CFD 2005-1 Serenity Improvement 170 330 CFD 2015-2 Maintenance Services 4,992 332 CFD 2006-1 Improvement Area B, Summerly 46,971 342 CFD 2007-5 Red Kite Service Fund 1,316 343 CFD 2006-2S Viscaya Services 395 345 CFD 2003-2S Improvement Area D, Canyon Hills 195,072 346 CFD 2014-1 Southshore Debt Service Fund 61,877 347 CFD 2006-1 Improvement Area A, Summerly 30,399 348 CFD 2003-2 Improvement Area C, Canyon Hills 84,552 349 CFD 88-3 (2013B) Debt Service Fund 41,899 350 CFD 98-1 Summerhill Debt Service Fund 162,490 352 AD 86-1 Debt Service Fund 627,992 354 CFD 90-2 Successor RDA Debt Service Fund 118,064 357 CFD 2003-2 Canyon Hills Debt Service Fund 317,694 366 CFD 2005-6 City Center Townhomes Debt Service Fund 26,959 367 CFD 2005-3 Summerly Debt Service Fund 88,264 368 CFD 2006-2 Viscaya Debt Service Fund 103,477 369 CFD 2004-3 Area 1 Rosetta Canyon Debt Service Fund 91,977 C I T Y O F L A K E E L S I N O R E POOLED CASH AND INVESTMENTS BY FUND AS OF AUGUST 31, 2015 4 of 5 FUND NO FUND NAME AMOUNT C I T Y O F L A K E E L S I N O R E POOLED CASH AND INVESTMENTS BY FUND AS OF AUGUST 31, 2015 371 CFD 2005-1 Serenity Debt Service Fund 108,105 372 CFD 2005-2 Alberhill Ranch Debt Service Fund 411,577 374 CFD 2005-4 Lakeview Villas Debt Service Fund 45,367 375 CFD 2006-4 Tract No. 30698 & 32129 Debt Service Fund 17,714 376 CFD 2006-3 La Strada Debt Service Fund 22,688 377 CFD 2006-6 Tessara Debt Service Fund 10,021 378 CFD 2006-8 Tract No. 31957 Debt Service Fund 47,221 382 CFD 2006-9 Trieste Debt Service Fund 31,477 384 CFD 2003-2 Area B Canyon Hills Debt Service Fund 273,137 385 CFD 2004-3 Area 2 Rosetta Canyon Debt Service Fund 363,896 386 CFD 2007-4 Mekenna Debt Service Fund 10,491 387 CFD 2007-5 Red Kite Debt Service Fund 60,462 388 CFD 2007-6 Holiday Inn Debt Service Fund 3,792 392 CFD 95-1 City Center Debt Service Fund 27,185 393 AD 93-1 Debt Service Fund 20,875 394 CFD 2005-5 (2012A) Wasson Canyon Debt Service Fund 215,533 510 Successor Agency RDA Area I 1,728,756 520 Successor Agency RDA Area II 4,308,735 530 Successor Agency RDA Area III 1,412,910 540 Successor Area RDA Diamond Stadium 1,936,468 604 Endowment Trust Fund 10,979 605 Public Improvement Trust Fund 779,424 606 Mobile Source Air Polution Reduction Fund 171,260 608 Trust Deposit & Pre Paid Expense Fund 1,319,740 617 Successor Agency Housing Fund 10,905,089 620 Cost Recovery System Fund 1,110,578 631 Lake Destratification Equipment Replacement Fund 177,590 650 CFD 2003-1 Law & Fire Service Fund 750 651 CFD 2006-5 Park & Open Space Service Fund 1,250 652 CFD 2007-1 Law & Fire Service Fund 750 653 CFD 2009-1 Parks & Lighting Service Fund 1,250 654 CFD 2003-2S Fire Service Fund 1,250 723 LEPFA 2008 Series A 3,576 731 LEPFA 2011 Series B 2,706 734 LEPFA 2013 Series C 408,367 780 LEPFA General 93,231 Total Pooled Cash & Investments 56,190,138$ DIVERSIFICATION MAXIMUM TYPES OF SECURITIES PERCENTAGE PERCENTAGE U.S. Treasury Bills 0.00%UNLIMITED U.S. Treasury Bond / Note 29.47%UNLIMITED Current Balance 15,293,634$ Municipal Bond / Note 0.68%UNLIMITED Current Balance 350,632$ Federal Agency Collaterized Mortgage Obligation 0.36%40.00% Current Balance 186,849$ Federal Agency Bond / Note 16.83%*UNLIMITED Current Balance 8,731,733$ Banker's Acceptance 0.00%40.00% Certificates of Deposit 6.17%25.00% Current Balance 3,200,000$ Negotiable Certificates of Deposit 0.00%30.00% Commercial Paper 0.00%15.00% Corporate Note 22.42%30.00% Current Balance 11,634,812$ Repurchase Agreements 0.00%UNLIMITED Reverse Repurchase Agreements 0.00%20.00% LAIF (Local Agency Investment Fund)23.62%UNLIMITED Current Balance 12,253,347$ CAMP - Pooled Sweep Account 0.46%UNLIMITED Current Balance 236,151$ TOTAL 100.00%51,887,160$ Note: Local agencies are only eligible to purchase medium term corporate notes that have a rating of "A" or better by both Moody's Investors Service, Inc., and Standard and Poor's Corporation (S & P). If a security falls below "A" by both rating agencies, then PFM Asset Management LLC will evaluate the need to sell the security prior to maturity. The CAMP Portfolio Summary and Statistics shows the credit quality held by the City's investments. *No more than 40% in any one federal agency. See CAMP Portfolio Statement for listing of agencies. *Totals include the Housing and Successor Agency CAMP Portfolios. FOR THE MONTH ENDING AUGUST 31, 2015 SUMMARY OF POLICY LIMITATIONS C I T Y O F L A K E E L S I N O R E City Funds CAMP Account For the Month Ending August 31, 2015Account Statement - Transaction Summary CITY OF LAKE ELSINORE - LAKE ELSINORE Opening Market Value Purchases Redemptions Change in Value Closing Market Value 111,134.22 27,602.34 (2,430.62) 0.00 $136,305.94 CAMP Pool Unsettled Trades 0.00 11.72 Cash Dividends and Income Opening Market Value Purchases Redemptions Change in Value Closing Market Value 29,330,356.02 0.00 0.00 (48,594.05) $29,281,761.97 CAMP Managed Account Unsettled Trades 0.00 27,590.62 Cash Dividends and Income August 31, 2015July 31, 2015 Asset Summary CAMP Pool 136,305.94 111,134.22 CAMP Managed Account 29,281,761.97 29,330,356.02 $29,418,067.91 $29,441,490.24 Total Asset Allocation 0.46% CAMP Pool 99.54% CAMP Managed Account Page 1 For the Month Ending August 31, 2015Managed Account Summary Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dividend Closing Market Value Redemptions Purchases Opening Market Value Closing Market Value Change in Current Value Unsettled Trades Principal Acquisitions Principal Dispositions Maturities/Calls Opening Market Value Closing Market Value Opening Market Value Account Total Total Cash Basis Earnings Plus Net Realized Gains/Losses Less Purchased Interest Related to Interest/Coupons Interest/Dividends/Coupons Received Earnings Reconciliation (Cash Basis) - Managed Account Dividends Less Beginning Accrued Interest Less Beginning Amortized Value of Securities Less Cost of New Purchases Plus Coupons/Dividends Received Plus Proceeds of Maturities/Calls/Principal Payments Plus Proceeds from Sales Ending Accrued Interest Ending Amortized Value of Securities Earnings Reconciliation (Accrual Basis) Reconciling Transactions Net Cash Contribution Security Purchases Principal Payments Coupon/Interest/Dividend Income Sale Proceeds Maturities/Calls Cash Transactions Summary- Managed Account $111,134.22 27,602.34 (2,430.62) $136,305.94 11.72 $29,330,356.02 0.00 0.00 0.00 0.00 (48,594.05) $29,281,761.97 $29,441,490.24 $29,418,067.91 27,590.62 0.00 0.00 $27,590.62 0.00 0.00 27,590.62 0.00 0.00 (27,590.62) 0.00 Managed Account Total 29,238,420.54 29,374,726.48 104,879.62 0.00 0.00 27,590.62 0.00 (29,240,955.48) (99,581.24) 0.00 104,879.62 2,430.62 0.00 27,590.62 (27,602.34) (29,352,089.70) (99,581.24) 11.72 Total Accrual Basis Earnings $30,354.06 $30,365.78 Transaction Summary - Managed AccountTransaction Summary - Money Market ___________________________________________________________________________________________________________________________________________________ Cash Balance $0.00 Closing Cash Balance Page 2 For the Month Ending August 31, 2015Portfolio Summary and Statistics CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Account Summary Percent Par ValueMarket ValueDescription U.S. Treasury Bond / Note 10,780,000.00 10,819,687.20 36.78 Municipal Bond / Note 290,000.00 292,439.90 0.99 Federal Agency Collateralized Mortgage Obligation 135,000.00 136,101.60 0.46 Federal Agency Bond / Note 6,530,000.00 6,547,288.62 22.26 Corporate Note 8,625,000.00 8,691,712.69 29.55 Certificate of Deposit 2,800,000.00 2,794,531.96 9.50 Managed Account Sub-Total 29,160,000.0029,281,761.97 99.54% Accrued Interest 104,879.62 Total Portfolio 29,160,000.0029,386,641.59 CAMP Pool 136,305.94 136,305.94 0.46 Total Investments 29,296,305.9429,522,947.53 100.00% Unsettled Trades 0.00 0.00 Sector Allocation 9.50% Cert of Deposit 29.55% Corporate Note 0.46% Fed Agency CMO 22.26% Fed Agy Bond / Note 0.46% Mny Mkt Fund 0.99% Muni Bond / Note 36.78% US TSY Bond / Note 0 - 6 Months 6 - 12 Months 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years Over 5 Years 3.71% 1.53% 39.04% 24.41% 16.00%15.31% 0.00% Maturity Distribution Characteristics Yield to Maturity at Cost Yield to Maturity at Market Duration to Worst Weighted Average Days to Maturity 2.41 905 1.23% 1.15% Page 3 For the Month Ending August 31, 2015Managed Account Issuer Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Credit Quality (S&P Ratings) 9.03% A 5.87% A+ 0.68% A- 3.90% A-1 1.53% A-1+ 8.88% AA 61.50% AA+ 7.63% AA- 0.52% AAA 0.46% AAAm Issuer Summary Percentof HoldingsIssuer Market Value 325,989.95 1.11 3M COMPANY 199,688.80 0.68 AMERICAN EXPRESS CO 576,802.05 1.96 AMERICAN HONDA FINANCE 306,586.28 1.04 APPLE INC 752,983.75 2.56 BERKSHIRE HATHAWAY INC 136,305.94 0.46 CAMP Pool 573,608.50 1.95 CANADIAN IMPERIAL BANK OF COMMERCE 319,364.16 1.09 CATERPILLAR INC 764,471.04 2.60 CHEVRON CORP 271,979.37 0.92 CISCO SYSTEMS INC 434,372.30 1.48 DEERE & COMPANY 3,967,586.25 13.49 FANNIE MAE 774,872.90 2.63 FEDERAL HOME LOAN BANKS 1,940,931.07 6.60 FREDDIE MAC 282,112.50 0.96 GENERAL ELECTRIC CO 699,907.20 2.38 HSBC HOLDINGS PLC 248,908.50 0.85 IBM CORP 700,982.80 2.38 JP MORGAN CHASE & CO 154,047.22 0.52 MICROSOFT CORP 572,938.63 1.95 NORDEA BANK AB 250,272.25 0.85 PEPSICO, INC 572,901.25 1.95 RABOBANK NEDERLAND 165,133.65 0.56 STATE OF CONNECTICUT 702,461.20 2.39 THE WALT DISNEY CORPORATION 624,734.38 2.12 TORONTO-DOMINION BANK 199,627.80 0.68 TOYOTA MOTOR CORP 10,819,687.20 36.78 UNITED STATES TREASURY 127,306.25 0.43 UNIVERSITY OF CALIFORNIA 703,986.50 2.39 US BANCORP 801,394.06 2.72 WAL-MART STORES INC 446,124.16 1.52 WELLS FARGO & COMPANY Page 4 For the Month Ending August 31, 2015Managed Account Issuer Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS $29,418,067.91 Total 100.00% Page 5 For the Month Ending August 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par U.S. Treasury Bond / Note US TREASURY NOTES DTD 09/30/2011 1.000% 09/30/2016 402,380.40 401,832.90 1,683.06 403,484.38 09/09/1409/05/14AaaAA+ 400,000.00 912828RJ1 0.57 US TREASURY NOTES DTD 01/03/2012 0.875% 12/31/2016 502,099.50 499,754.01 748.98 499,101.56 01/26/1201/23/12AaaAA+ 500,000.00 912828RX0 0.91 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 678,849.53 677,830.47 2,840.16 680,484.37 03/03/1402/27/14AaaAA+ 675,000.00 912828SM3 0.73 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 1,307,413.90 1,301,573.53 5,469.95 1,302,996.09 03/21/1403/19/14AaaAA+ 1,300,000.00 912828SM3 0.92 US TREASURY NOTES DTD 11/30/2012 0.625% 11/30/2017 795,520.80 790,228.90 1,270.49 784,625.00 05/09/1405/06/14AaaAA+ 800,000.00 912828UA6 1.18 US TREASURY NOTES DTD 04/30/2013 0.625% 04/30/2018 346,600.10 348,273.72 737.09 346,814.45 05/15/1305/10/13AaaAA+ 350,000.00 912828UZ1 0.81 US TREASURY NOTES DTD 07/31/2013 1.375% 07/31/2018 882,667.63 886,387.61 1,046.20 888,603.52 02/04/1502/02/15AaaAA+ 875,000.00 912828VQ0 0.92 US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 571,336.08 567,095.35 1,810.45 566,014.45 06/03/1406/02/14AaaAA+ 570,000.00 912828A34 1.41 US TREASURY NOTES DTD 01/31/2014 1.500% 01/31/2019 479,150.08 473,310.99 619.57 472,791.99 07/31/1407/29/14AaaAA+ 475,000.00 912828B33 1.61 US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 161,943.68 160,138.59 1,093.99 160,175.00 09/04/1409/02/14AaaAA+ 160,000.00 912828C65 1.60 US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 581,985.10 575,722.75 3,931.52 575,898.44 10/06/1410/02/14AaaAA+ 575,000.00 912828C65 1.59 US TREASURY NOTES DTD 05/15/2009 3.125% 05/15/2019 532,747.50 529,127.48 4,628.06 535,429.69 11/03/1410/30/14AaaAA+ 500,000.00 912828KQ2 1.50 US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 295,179.60 296,389.69 1,262.30 296,097.66 04/30/1504/28/15AaaAA+ 300,000.00 912828TR1 1.30 US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 983,932.00 983,377.14 4,207.65 981,367.18 02/27/1502/26/15AaaAA+ 1,000,000.00 912828TR1 1.42 Page 6 For the Month Ending August 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par U.S. Treasury Bond / Note US TREASURY NOTES DTD 09/30/2014 1.750% 09/30/2019 1,267,090.00 1,267,581.33 9,204.23 1,269,384.77 03/27/1503/26/15AaaAA+ 1,250,000.00 912828F39 1.39 US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 1,030,791.30 1,030,872.54 2,668.03 1,029,738.28 05/29/1505/28/15AaaAA+ 1,050,000.00 912828UB4 1.44 43,221.73 10,819,687.20 10,789,497.00 1.20 10,793,006.83 10,780,000.00 Security Type Sub-Total Municipal Bond / Note UNIV OF CAL TXBL REV BONDS DTD 04/10/2014 1.904% 05/15/2018 127,306.25 125,000.00 700.78 125,000.00 04/10/1404/04/14Aa2AA 125,000.00 91412GUV5 1.90 CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 165,133.65 165,414.40 1,411.41 165,463.65 03/25/1503/16/15Aa3AA 165,000.00 20772JZK1 1.90 2,112.19 292,439.90 290,414.40 1.90 290,463.65 290,000.00 Security Type Sub-Total Federal Agency Collateralized Mortgage Obligation FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 136,101.60 136,170.21 174.38 136,349.51 04/30/1504/15/15AaaAA+ 135,000.00 3136ANJY4 0.83 174.38 136,101.60 136,170.21 0.83 136,349.51 135,000.00 Security Type Sub-Total Federal Agency Bond / Note FHLB NOTES DTD 08/07/2014 0.500% 09/28/2016 774,872.90 774,121.68 1,646.88 773,256.25 08/07/1408/06/14AaaAA+ 775,000.00 3130A2T97 0.61 FHLMC NOTES DTD 08/16/2013 0.875% 10/14/2016 602,263.20 600,678.58 1,997.92 601,824.00 10/03/1310/01/13AaaAA+ 600,000.00 3137EADS5 0.77 FREDDIE MAC GLOBAL NOTES DTD 05/14/2012 1.000% 06/29/2017 482,777.76 480,359.10 826.67 480,561.60 08/13/1408/11/14AaaAA+ 480,000.00 3137EADH9 0.96 FANNIE MAE GLOBAL NOTES DTD 07/20/2012 0.875% 08/28/2017 799,793.60 800,805.51 58.33 801,984.00 09/10/1209/06/12AaaAA+ 800,000.00 3135G0MZ3 0.82 FREDDIE MAC GLOBAL NOTES DTD 08/10/2012 1.000% 09/29/2017 476,173.73 477,137.08 2,005.56 480,068.25 10/05/1210/04/12AaaAA+ 475,000.00 3137EADL0 0.78 Page 7 For the Month Ending August 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par Federal Agency Bond / Note FANNIE MAE GLOBAL NOTES DTD 09/24/2012 0.875% 10/26/2017 1,000,948.00 995,691.67 3,038.19 992,270.00 12/03/1311/27/13AaaAA+ 1,000,000.00 3135G0PQ0 1.08 FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 397,526.40 396,638.60 972.22 393,940.00 05/31/1305/24/13AaaAA+ 400,000.00 3135G0WJ8 1.19 FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 645,980.40 646,969.53 1,579.86 644,507.50 05/24/1305/22/13AaaAA+ 650,000.00 3135G0WJ8 1.05 FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 354,392.50 350,008.64 1,485.07 350,010.50 06/19/1406/16/14AaaAA+ 350,000.00 3135G0YT4 1.62 FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 632,843.75 629,725.94 2,651.91 630,937.50 10/23/1410/22/14AaaAA+ 625,000.00 3135G0YT4 1.39 FREDDIE MAC NOTES DTD 04/16/2012 1.750% 05/30/2019 379,716.38 378,573.15 1,658.85 379,260.00 12/03/1412/01/14AaaAA+ 375,000.00 3137EADG1 1.49 17,921.46 6,547,288.62 6,530,709.48 1.02 6,528,619.60 6,530,000.00 Security Type Sub-Total Corporate Note PEPSICO INC GLOBAL NOTES DTD 02/28/2013 0.700% 02/26/2016 250,272.25 249,985.64 24.31 249,912.50 02/28/1302/25/13A1A 250,000.00 713448CE6 0.71 JPMORGAN CHASE & CO GLOBAL NOTES DTD 02/26/2013 1.125% 02/26/2016 700,982.80 699,860.75 109.38 699,153.00 02/26/1302/21/13A3A 700,000.00 46623EJU4 1.17 WALT DISNEY CO CORPORATE NOTE DTD 02/14/2012 1.125% 02/15/2017 702,461.20 699,204.62 350.00 697,494.00 06/14/1206/11/12A2A 700,000.00 25468PCS3 1.20 WAL-MART STORES INC SR NOTES DTD 04/05/2007 5.375% 04/05/2017 502,936.66 496,935.96 10,245.35 551,822.30 04/11/1204/05/12Aa2AA 470,000.00 931142CG6 1.72 BERKSHIRE HATHAWAY FIN GLOBAL NOTES DTD 05/15/2012 1.600% 05/15/2017 352,297.75 351,995.85 1,648.89 354,987.50 01/15/1301/08/13Aa2AA 350,000.00 084664BS9 1.26 US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 703,986.50 700,000.00 3,400.83 714,952.00 07/30/1207/25/12A1A+ 700,000.00 91159HHD5 1.19 Page 8 For the Month Ending August 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par Corporate Note JOHN DEERE CAPITAL CORP NOTES DTD 06/12/2014 1.125% 06/12/2017 434,372.30 434,877.84 1,073.91 434,795.55 06/12/1406/09/14A2A 435,000.00 24422ESN0 1.14 HSBC USA INC DTD 06/23/2014 1.300% 06/23/2017 249,558.00 249,768.81 613.89 249,620.00 06/23/1406/16/14A2A 250,000.00 40434CAA3 1.35 3M COMPANY GLOBAL NOTES DTD 06/26/2012 1.000% 06/26/2017 325,989.95 324,445.41 586.81 323,501.75 06/26/1206/21/12Aa3AA- 325,000.00 88579YAE1 1.10 CATERPILLAR FINANCIAL SE DTD 08/20/2014 1.250% 08/18/2017 319,364.16 319,894.34 144.44 319,840.00 08/20/1408/13/14A2A 320,000.00 14912L6D8 1.27 AMERICAN EXPRESS CREDIT CORP NOTES DTD 09/23/2014 1.550% 09/22/2017 199,688.80 199,814.58 1,369.17 199,732.00 09/23/1409/18/14A2A- 200,000.00 0258M0DR7 1.60 CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 149,068.65 150,000.00 395.60 150,000.00 12/05/1211/28/12Aa1AA 150,000.00 166764AA8 1.10 CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 173,913.43 175,425.16 461.53 175,946.75 12/05/1211/29/12Aa1AA 175,000.00 166764AA8 0.99 IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 248,908.50 249,432.59 199.65 248,855.00 02/08/1302/05/13Aa3AA- 250,000.00 459200HK0 1.35 BERKSHIRE HATHAWAY GLOBAL NOTE DTD 02/11/2013 1.550% 02/09/2018 400,686.00 399,722.99 378.89 399,444.00 02/11/1301/29/13Aa2AA 400,000.00 084670BH0 1.58 WAL-MART STORES INC GLOBAL NOTES DTD 04/11/2013 1.125% 04/11/2018 298,457.40 299,853.92 1,312.50 299,724.00 04/11/1304/04/13Aa2AA 300,000.00 931142DF7 1.14 MICROSOFT CORP GLOBAL NOTES DTD 05/02/2013 1.000% 05/01/2018 154,047.22 154,947.28 516.67 154,902.35 05/02/1304/25/13AaaAAA 155,000.00 594918AS3 1.01 APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 306,586.28 309,381.09 1,016.11 308,856.10 05/03/1304/30/13Aa1AA+ 310,000.00 037833AJ9 1.08 CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 441,488.96 440,000.00 1,406.85 440,000.00 06/24/1306/17/13Aa1AA 440,000.00 166764AE0 1.72 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 271,979.37 272,017.50 2,868.75 272,565.00 09/04/1408/29/14A1AA- 270,000.00 17275RAR3 1.90 Page 9 For the Month Ending August 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par Corporate Note AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 576,802.05 574,134.33 575.00 573,936.25 09/09/1409/04/14A1A+ 575,000.00 02665WAH4 2.29 GENERAL ELECTRIC CAP CORP NOTES DTD 01/08/2010 5.500% 01/08/2020 282,112.50 285,702.86 2,024.31 289,082.50 03/25/1503/20/15A1AA+ 250,000.00 36962G4J0 2.05 WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 74,354.03 75,264.43 138.85 75,288.00 03/27/1503/24/15A2A+ 75,000.00 94974BGF1 2.07 WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 371,770.13 377,333.40 694.27 377,621.25 02/05/1502/02/15A2A+ 375,000.00 94974BGF1 2.00 TOYOTA MOTOR CORP NOTES DTD 03/12/2015 2.150% 03/12/2020 199,627.80 201,630.10 2,018.61 201,776.00 03/27/1503/23/15Aa3AA- 200,000.00 89236TCF0 1.96 33,574.57 8,691,712.69 8,691,629.45 1.44 8,763,807.80 8,625,000.00 Security Type Sub-Total Certificate of Deposit HSBC BANK USA NA CD DTD 02/13/2015 0.880% 08/15/2016 450,349.20 450,000.00 165.00 450,000.00 02/13/1502/11/15P-1A-1+ 450,000.00 40428AC54 0.88 CANADIAN IMPERIAL BANK NY YCD DTD 04/10/2015 1.010% 04/06/2017 573,608.50 575,000.00 2,274.60 575,000.00 04/10/1504/06/15P-1A-1 575,000.00 13606JYY9 1.01 RABOBANK NEDERLAND NV CERT DEPOS DTD 04/27/2015 1.070% 04/21/2017 572,901.25 575,000.00 2,119.19 575,000.00 04/27/1504/22/15P-1A-1 575,000.00 21684BXH2 1.07 NORDEA BANK FINLAND NY CD DTD 05/29/2015 1.150% 05/26/2017 572,938.63 575,000.00 1,744.97 575,000.00 05/29/1505/27/15Aa3AA- 575,000.00 65558LFA5 1.15 TORONTO DOMINION BANK NY YCD DTD 06/19/2015 1.240% 06/16/2017 624,734.38 625,000.00 1,571.53 625,000.00 06/19/1506/16/15Aa1AA- 625,000.00 89113ESN7 1.25 7,875.29 2,794,531.96 2,800,000.00 1.08 2,800,000.00 2,800,000.00 Security Type Sub-Total 29,160,000.00 29,312,247.39 1.23 104,879.62 29,238,420.54 29,281,761.97 Managed Account Sub-Total Money Market Fund CAMP Pool 136,305.94 136,305.94 0.00 136,305.94 NRAAAm 136,305.94 Page 10 For the Month Ending August 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par Money Market Fund 136,305.94 136,305.94 0.00 136,305.94 136,305.94 Money Market Sub-Total $29,296,305.94 $29,448,553.33 $104,879.62 $29,374,726.48 $29,418,067.91 1.23% $29,522,947.53 $104,879.62 Total Investments Accrued Interest Securities Sub-Total Page 11 For the Month Ending August 31, 2015Managed Account Fair Market Value & Analytics ValueOn CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/Description Next Call Market YTMEffective Duration U.S. Treasury Bond / Note 1.07 547.50 (1,103.98) 402,380.40 100.60 CITIGRP 400,000.00 912828RJ1US TREASURY NOTES DTD 09/30/2011 1.000% 09/30/2016 0.45 1.07 1.32 2,345.49 2,997.94 502,099.50 100.42 DEUTSCHE 500,000.00 912828RX0US TREASURY NOTES DTD 01/03/2012 0.875% 12/31/2016 0.56 1.32 1.56 1,019.06 (1,634.84) 678,849.53 100.57 MERRILL 675,000.00 912828SM3US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 0.64 1.56 1.56 5,840.37 4,417.81 1,307,413.90 100.57 MORGANST 1,300,000.00 912828SM3US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 0.64 1.56 2.22 5,291.90 10,895.80 795,520.80 99.44 MERRILL 800,000.00 912828UA6US TREASURY NOTES DTD 11/30/2012 0.625% 11/30/2017 0.88 2.22 2.63 (1,673.62)(214.35) 346,600.10 99.03 CSFB 350,000.00 912828UZ1US TREASURY NOTES DTD 04/30/2013 0.625% 04/30/2018 1.00 2.63 2.85 (3,719.98)(5,935.89) 882,667.63 100.88 BARCLAYS 875,000.00 912828VQ0US TREASURY NOTES DTD 07/31/2013 1.375% 07/31/2018 1.07 2.85 3.17 4,240.73 5,321.63 571,336.08 100.23 CITIGRP 570,000.00 912828A34US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 1.18 3.17 3.32 5,839.09 6,358.09 479,150.08 100.87 BARCLAYS 475,000.00 912828B33US TREASURY NOTES DTD 01/31/2014 1.500% 01/31/2019 1.24 3.32 3.45 1,805.09 1,768.68 161,943.68 101.21 CITIGRP 160,000.00 912828C65US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 1.28 3.45 3.45 6,262.35 6,086.66 581,985.10 101.21 MERRILL 575,000.00 912828C65US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 1.28 3.45 3.48 3,620.02 (2,682.19) 532,747.50 106.55 MERRILL 500,000.00 912828KQ2US TREASURY NOTES DTD 05/15/2009 3.125% 05/15/2019 1.31 3.48 3.96 (1,210.09)(918.06) 295,179.60 98.39 MERRILL 300,000.00 912828TR1US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 1.41 3.96 3.96 554.86 2,564.82 983,932.00 98.39 JPMCHASE 1,000,000.00 912828TR1US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 1.41 3.96 3.90 (491.33)(2,294.77) 1,267,090.00 101.37 JPMCHASE 1,250,000.00 912828F39US TREASURY NOTES DTD 09/30/2014 1.750% 09/30/2019 1.40 3.90 4.13 (81.24) 1,053.02 1,030,791.30 98.17 CITIGRP 1,050,000.00 912828UB4US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 1.45 4.13 26,680.37 1.08 2.91 30,190.20 10,819,687.20 10,780,000.00 Security Type Sub-Total 2.91 Page 12 For the Month Ending August 31, 2015Managed Account Fair Market Value & Analytics ValueOn CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/Description Next Call Market YTMEffective Duration Municipal Bond / Note 2.62 2,306.25 2,306.25 127,306.25 101.85 GOLDMAN 125,000.00 91412GUV5UNIV OF CAL TXBL REV BONDS DTD 04/10/2014 1.904% 05/15/2018 1.21 2.62 3.37 (280.75)(330.00) 165,133.65 100.08 VINING 165,000.00 20772JZK1CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 1.95 3.37 1,976.25 1.63 3.05 2,025.50 292,439.90 290,000.00 Security Type Sub-Total 3.05 Federal Agency Collateralized Mortgage Obligation 2.37 (68.61)(247.91) 136,101.60 100.82 GOLDMAN 135,000.00 3136ANJY4FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 1.16 2.42 (247.91) 1.16 2.37 (68.61) 136,101.60 135,000.00 Security Type Sub-Total 2.42 Federal Agency Bond / Note 1.07 751.22 1,616.65 774,872.90 99.98 MORGANST 775,000.00 3130A2T97FHLB NOTES DTD 08/07/2014 0.500% 09/28/2016 0.52 1.07 1.11 1,584.62 439.20 602,263.20 100.38 NOMURA 600,000.00 3137EADS5FHLMC NOTES DTD 08/16/2013 0.875% 10/14/2016 0.54 1.11 1.81 2,418.66 2,216.16 482,777.76 100.58 BNP PARI 480,000.00 3137EADH9FREDDIE MAC GLOBAL NOTES DTD 05/14/2012 1.000% 06/29/2017 0.68 1.81 1.97 (1,011.91)(2,190.40) 799,793.60 99.97 HSBC 800,000.00 3135G0MZ3FANNIE MAE GLOBAL NOTES DTD 07/20/2012 0.875% 08/28/2017 0.89 1.97 2.04 (963.35)(3,894.52) 476,173.73 100.25 JEFFERIE 475,000.00 3137EADL0FREDDIE MAC GLOBAL NOTES DTD 08/10/2012 1.000% 09/29/2017 0.88 2.04 2.12 5,256.33 8,678.00 1,000,948.00 100.09 SOC GEN 1,000,000.00 3135G0PQ0FANNIE MAE GLOBAL NOTES DTD 09/24/2012 0.875% 10/26/2017 0.83 2.12 2.67 887.80 3,586.40 397,526.40 99.38 CSFB 400,000.00 3135G0WJ8FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 1.11 2.67 2.67 (989.13) 1,472.90 645,980.40 99.38 BNP PARI 650,000.00 3135G0WJ8FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 1.11 2.67 3.14 4,383.86 4,382.00 354,392.50 101.26 HSBC 350,000.00 3135G0YT4FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 1.23 3.14 3.14 3,117.81 1,906.25 632,843.75 101.26 GOLDMAN 625,000.00 3135G0YT4FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 1.23 3.14 Page 13 For the Month Ending August 31, 2015Managed Account Fair Market Value & Analytics ValueOn CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/Description Next Call Market YTMEffective Duration Federal Agency Bond / Note 3.61 1,143.23 456.38 379,716.38 101.26 TD SEC U 375,000.00 3137EADG1FREDDIE MAC NOTES DTD 04/16/2012 1.750% 05/30/2019 1.40 3.61 18,669.02 0.90 2.18 16,579.14 6,547,288.62 6,530,000.00 Security Type Sub-Total 2.18 Corporate Note 0.49 286.61 359.75 250,272.25 100.11 JPMCHASE 250,000.00 713448CE6PEPSICO INC GLOBAL NOTES DTD 02/28/2013 0.700% 02/26/2016 0.47 0.49 0.49 1,122.05 1,829.80 700,982.80 100.14 JPMCHASE 700,000.00 46623EJU4JPMORGAN CHASE & CO GLOBAL NOTES DTD 02/26/2013 1.125% 02/26/2016 0.83 0.49 1.44 3,256.58 4,967.20 702,461.20 100.35 BARCLAYS 700,000.00 25468PCS3WALT DISNEY CO CORPORATE NOTE DTD 02/14/2012 1.125% 02/15/2017 0.88 1.44 1.51 6,000.70 (48,885.64) 502,936.66 107.01 GOLDMAN 470,000.00 931142CG6WAL-MART STORES INC SR NOTES DTD 04/05/2007 5.375% 04/05/2017 0.94 1.51 1.67 301.90 (2,689.75) 352,297.75 100.66 GOLDMAN 350,000.00 084664BS9BERKSHIRE HATHAWAY FIN GLOBAL NOTES DTD 05/15/2012 1.600% 05/15/2017 1.21 1.67 1.59 3,986.50 (10,965.50) 703,986.50 100.57 04/15/17BARCLAYS 700,000.00 91159HHD5US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 1.31 2.42 1.75 (505.54)(423.25) 434,372.30 99.86 HSBC 435,000.00 24422ESN0JOHN DEERE CAPITAL CORP NOTES DTD 06/12/2014 1.125% 06/12/2017 1.21 1.75 1.78 (210.81)(62.00) 249,558.00 99.82 HSBC 250,000.00 40434CAA3HSBC USA INC DTD 06/23/2014 1.300% 06/23/2017 1.40 1.78 1.80 1,544.54 2,488.20 325,989.95 100.30 MORGANST 325,000.00 88579YAE13M COMPANY GLOBAL NOTES DTD 06/26/2012 1.000% 06/26/2017 0.83 1.80 1.93 (530.18)(475.84) 319,364.16 99.80 CITIGRP 320,000.00 14912L6D8CATERPILLAR FINANCIAL SE DTD 08/20/2014 1.250% 08/18/2017 1.35 1.93 2.00 (125.78)(43.20) 199,688.80 99.84 DEUTSCHE 200,000.00 0258M0DR7AMERICAN EXPRESS CREDIT CORP NOTES DTD 09/23/2014 1.550% 09/22/2017 1.63 2.00 2.22 (931.35)(931.35) 149,068.65 99.38 11/05/17MORGANST 150,000.00 166764AA8CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 1.38 3.00 Page 14 For the Month Ending August 31, 2015Managed Account Fair Market Value & Analytics ValueOn CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/Description Next Call Market YTMEffective Duration Corporate Note 2.22 (1,511.73)(2,033.32) 173,913.43 99.38 11/05/17BARCLAYS 175,000.00 166764AA8CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 1.38 3.00 2.39 (524.09) 53.50 248,908.50 99.56 HSBC 250,000.00 459200HK0IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 1.43 2.39 2.38 963.01 1,242.00 400,686.00 100.17 GOLDMAN 400,000.00 084670BH0BERKSHIRE HATHAWAY GLOBAL NOTE DTD 02/11/2013 1.550% 02/09/2018 1.48 2.38 2.55 (1,396.52)(1,266.60) 298,457.40 99.49 MORGANST 300,000.00 931142DF7WAL-MART STORES INC GLOBAL NOTES DTD 04/11/2013 1.125% 04/11/2018 1.33 2.55 2.61 (900.06)(855.13) 154,047.22 99.39 MERRILL 155,000.00 594918AS3MICROSOFT CORP GLOBAL NOTES DTD 05/02/2013 1.000% 05/01/2018 1.23 2.61 2.62 (2,794.81)(2,269.82) 306,586.28 98.90 GOLDMAN 310,000.00 037833AJ9APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 1.42 2.62 2.73 1,488.96 1,488.96 441,488.96 100.34 BARCLAYS 440,000.00 166764AE0CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 1.59 2.73 3.32 (38.13)(585.63) 271,979.37 100.73 BONY 270,000.00 17275RAR3CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 1.91 3.32 3.76 2,667.72 2,865.80 576,802.05 100.31 MERRILL 575,000.00 02665WAH4AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 2.17 3.76 3.89 (3,590.36)(6,970.00) 282,112.50 112.85 GOLDMAN 250,000.00 36962G4J0GENERAL ELECTRIC CAP CORP NOTES DTD 01/08/2010 5.500% 01/08/2020 2.38 3.89 4.18 (910.40)(933.97) 74,354.03 99.14 1ST TENN 75,000.00 94974BGF1WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 2.36 4.18 4.18 (5,563.27)(5,851.12) 371,770.13 99.14 JEFFERIE 375,000.00 94974BGF1WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 2.36 4.18 4.25 (2,002.30)(2,148.20) 199,627.80 99.81 HSBC 200,000.00 89236TCF0TOYOTA MOTOR CORP NOTES DTD 03/12/2015 2.150% 03/12/2020 2.19 4.25 (72,095.11) 1.39 2.19 83.24 8,691,712.69 8,625,000.00 Security Type Sub-Total 2.29 Certificate of Deposit 0.96 349.20 349.20 450,349.20 100.08 HSBC 450,000.00 40428AC54HSBC BANK USA NA CD DTD 02/13/2015 0.880% 08/15/2016 0.80 0.96 Page 15 For the Month Ending August 31, 2015Managed Account Fair Market Value & Analytics ValueOn CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/Description Next Call Market YTMEffective Duration Certificate of Deposit 1.59 (1,391.50)(1,391.50) 573,608.50 99.76 GOLDMAN 575,000.00 13606JYY9CANADIAN IMPERIAL BANK NY YCD DTD 04/10/2015 1.010% 04/06/2017 1.15 1.59 1.63 (2,098.75)(2,098.75) 572,901.25 99.64 GOLDMAN 575,000.00 21684BXH2RABOBANK NEDERLAND NV CERT DEPOS DTD 04/27/2015 1.070% 04/21/2017 1.28 1.63 1.73 (2,061.37)(2,061.37) 572,938.63 99.64 MERRILL 575,000.00 65558LFA5NORDEA BANK FINLAND NY CD DTD 05/29/2015 1.150% 05/26/2017 1.19 1.73 1.78 (265.62)(265.62) 624,734.38 99.96 TD SEC U 625,000.00 89113ESN7TORONTO DOMINION BANK NY YCD DTD 06/19/2015 1.240% 06/16/2017 1.26 1.78 (5,468.04) 1.15 1.57 (5,468.04) 2,794,531.96 2,800,000.00 Security Type Sub-Total 1.57 29,160,000.00 29,281,761.97 (30,485.42) 43,341.43 2.41 1.15 Managed Account Sub-Total 2.43 Money Market Fund 0.00 0.00 0.00 136,305.94 1.00 136,305.94 CAMP Pool 0.00 136,305.94 136,305.94 0.00 0.00 0.00 Money Market Sub-Total 0.00 Total Investments $29,522,947.53 $104,879.62 $29,418,067.91 Accrued Interest Securities Sub-Total $29,296,305.94 ($30,485.42)$43,341.43 2.41 1.15% 2.44 Page 16 For the Month Ending August 31, 2015Managed Account Security Transactions & Interest CITY OF LAKE ELSINORE - LAKE ELSINORE Transaction Type Trade CUSIPSecurity DescriptionSettle Par Proceeds Principal Accrued Interest Total Cost Realized G/LRealized G/L Sale Amort Cost Method INTEREST 08/25/15 FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 3136ANJY4 0.00 174.38 174.38 135,000.00 08/01/15 08/08/15 IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 459200HK0 0.00 1,562.50 1,562.50 250,000.00 08/08/15 08/09/15 BERKSHIRE HATHAWAY GLOBAL NOTE DTD 02/11/2013 1.550% 02/09/2018 084670BH0 0.00 3,100.00 3,100.00 400,000.00 08/09/15 08/15/15 WALT DISNEY CO CORPORATE NOTE DTD 02/14/2012 1.125% 02/15/2017 25468PCS3 0.00 3,937.50 3,937.50 700,000.00 08/15/15 08/15/15 AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 02665WAH4 0.00 6,468.75 6,468.75 575,000.00 08/15/15 08/17/15 HSBC BANK USA NA CD DTD 02/13/2015 0.880% 08/15/2016 40428AC54 0.00 2,035.00 2,035.00 450,000.00 08/17/15 08/18/15 CATERPILLAR FINANCIAL SE DTD 08/20/2014 1.250% 08/18/2017 14912L6D8 0.00 2,000.00 2,000.00 320,000.00 08/18/15 08/26/15 JPMORGAN CHASE & CO GLOBAL NOTES DTD 02/26/2013 1.125% 02/26/2016 46623EJU4 0.00 3,937.49 3,937.49 700,000.00 08/26/15 08/26/15 PEPSICO INC GLOBAL NOTES DTD 02/28/2013 0.700% 02/26/2016 713448CE6 0.00 875.00 875.00 250,000.00 08/26/15 08/28/15 FANNIE MAE GLOBAL NOTES DTD 07/20/2012 0.875% 08/28/2017 3135G0MZ3 0.00 3,500.00 3,500.00 800,000.00 08/28/15 27,590.62 27,590.62 0.00 4,580,000.00 Transaction Type Sub-Total 0.00 27,590.62 27,590.62 Managed Account Sub-Total Total Security Transactions $27,590.62 $27,590.62 $0.00 Page 17 For the Month Ending August 31, 2015Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Total Settlement Dollar AmountShare or Trade Shares OwnedDateTransaction Description of TransactionUnit PriceDate CAMP Pool 111,134.22 Opening Balance 08/10/1508/10/15Purchase - Individual Portfolio Interest 1.00 3,100.00 114,234.22 08/10/1508/10/15Purchase - Individual Portfolio Interest 1.00 1,562.50 115,796.72 08/17/1508/17/15Purchase - Individual Portfolio Interest 1.00 6,468.75 122,265.47 08/17/1508/17/15Purchase - Individual Portfolio Interest 1.00 2,035.00 124,300.47 08/17/1508/17/15Purchase - Individual Portfolio Interest 1.00 3,937.50 128,237.97 08/18/1508/18/15Purchase - Individual Portfolio Interest 1.00 2,000.00 130,237.97 08/25/1508/25/15Purchase - Individual Portfolio Interest 1.00 174.38 130,412.35 08/25/1508/25/15IP Fees July 2015 1.00 (2,309.38) 128,102.97 08/25/1508/25/15U.S. Bank Fees June 2015 1.00 (121.24) 127,981.73 08/26/1508/26/15Purchase - Individual Portfolio Interest 1.00 875.00 128,856.73 08/26/1508/26/15Purchase - Individual Portfolio Interest 1.00 3,937.49 132,794.22 08/28/1508/28/15Purchase - Individual Portfolio Interest 1.00 3,500.00 136,294.22 08/31/1509/01/15Accrual Income Div Reinvestment - Distributions 1.00 11.72 136,305.94 Page 18 For the Month Ending August 31, 2015Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Total Settlement Dollar AmountShare or Trade Shares OwnedDateTransaction Description of TransactionUnit PriceDate 136,305.94 136,305.94 136,305.94 122,240.24 50.95 0.00 (9,349,717.21) 9,378,083.43 107,939.72 11.72 136,305.94 0.00 (2,430.62) 27,602.34 111,134.22 Monthly Distribution Yield Average Monthly Balance Closing Balance Fiscal YTDMonth of Cash Dividends and Income Closing Balance Check Disbursements Redemptions (Excl. Checks) Purchases Opening Balance Closing Balance AugustJanuary-August 0.11% Page 19 Housing Funds CAMP Account For the Month Ending August 31, 2015Account Statement - Transaction Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Opening Market Value Purchases Redemptions Change in Value Closing Market Value 29,799.04 3,559.39 (412.54) 0.00 $32,945.89 CAMP Pool Unsettled Trades 0.00 3.00 Cash Dividends and Income Opening Market Value Purchases Redemptions Change in Value Closing Market Value 4,974,029.82 0.00 0.00 (7,854.78) $4,966,175.04 CAMP Managed Account Unsettled Trades 0.00 3,556.39 Cash Dividends and Income August 31, 2015July 31, 2015 Asset Summary CAMP Pool 32,945.89 29,799.04 CAMP Managed Account 4,966,175.04 4,974,029.82 $4,999,120.93 $5,003,828.86 Total Asset Allocation 0.66% CAMP Pool 99.34% CAMP Managed Account Page 1 For the Month Ending August 31, 2015Managed Account Summary Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Dividend Closing Market Value Redemptions Purchases Opening Market Value Closing Market Value Change in Current Value Unsettled Trades Principal Acquisitions Principal Dispositions Maturities/Calls Opening Market Value Closing Market Value Opening Market Value Account Total Total Cash Basis Earnings Plus Net Realized Gains/Losses Less Purchased Interest Related to Interest/Coupons Interest/Dividends/Coupons Received Earnings Reconciliation (Cash Basis) - Managed Account Dividends Less Beginning Accrued Interest Less Beginning Amortized Value of Securities Less Cost of New Purchases Plus Coupons/Dividends Received Plus Proceeds of Maturities/Calls/Principal Payments Plus Proceeds from Sales Ending Accrued Interest Ending Amortized Value of Securities Earnings Reconciliation (Accrual Basis) Reconciling Transactions Net Cash Contribution Security Purchases Principal Payments Coupon/Interest/Dividend Income Sale Proceeds Maturities/Calls Cash Transactions Summary- Managed Account $29,799.04 3,559.39 (412.54) $32,945.89 3.00 $4,974,029.82 0.00 0.00 0.00 0.00 (7,854.78) $4,966,175.04 $5,003,828.86 $4,999,120.93 3,556.39 0.00 0.00 $3,556.39 0.00 0.00 3,556.39 0.00 0.00 (3,556.39) 0.00 Managed Account Total 4,964,117.76 4,997,063.65 15,788.87 0.00 0.00 3,556.39 0.00 (4,964,172.44) (14,485.12) 0.00 15,788.87 412.54 0.00 3,556.39 (3,559.39) (4,993,971.48) (14,485.12) 3.00 Total Accrual Basis Earnings $4,805.46 $4,808.46 Transaction Summary - Managed AccountTransaction Summary - Money Market ___________________________________________________________________________________________________________________________________________________ Cash Balance $0.00 Closing Cash Balance Page 2 For the Month Ending August 31, 2015Portfolio Summary and Statistics CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Account Summary Percent Par ValueMarket ValueDescription U.S. Treasury Bond / Note 2,220,000.00 2,222,943.24 44.46 Municipal Bond / Note 30,000.00 30,024.30 0.60 Federal Agency Collateralized Mortgage Obligation 25,000.00 25,204.00 0.50 Federal Agency Bond / Note 1,040,000.00 1,041,724.09 20.84 Corporate Note 1,450,000.00 1,446,560.31 28.94 Certificate of Deposit 200,000.00 199,719.10 4.00 Managed Account Sub-Total 4,965,000.004,966,175.04 99.34% Accrued Interest 15,788.87 Total Portfolio 4,965,000.004,981,963.91 CAMP Pool 32,945.89 32,945.89 0.66 Total Investments 4,997,945.895,014,909.80 100.00% Unsettled Trades 0.00 0.00 Sector Allocation 4.00% Cert of Deposit 28.94% Corporate Note 0.50% Fed Agency CMO 20.84% Fed Agy Bond / Note 0.66% Mny Mkt Fund 0.60% Muni Bond / Note 44.46% US TSY Bond / Note 0 - 6 Months 6 - 12 Months 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years Over 5 Years 3.16%3.10% 33.04%32.61% 11.68% 16.41% 0.00% Maturity Distribution Characteristics Yield to Maturity at Cost Yield to Maturity at Market Duration to Worst Weighted Average Days to Maturity 2.39 896 1.15% 1.11% Page 3 For the Month Ending August 31, 2015Managed Account Issuer Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Credit Quality (S&P Ratings) 4.71% A 10.97% A+ 2.00% A-1+ 5.69% AA 66.90% AA+ 8.08% AA- 0.99% AAA 0.66% AAAm Issuer Summary Percentof HoldingsIssuer Market Value 100,313.40 2.01 AMERICAN HONDA FINANCE 54,394.34 1.09 APPLE INC 148,924.50 2.98 BANK OF NEW YORK CO INC 32,945.89 0.66 CAMP Pool 254,184.15 5.08 CHEVRON CORP 50,366.55 1.01 CISCO SYSTEMS INC 99,261.50 1.99 COLGATE-PALMOLIVE COMPANY 505,272.55 10.11 FANNIE MAE 134,977.86 2.70 FEDERAL HOME LOAN BANKS 426,677.68 8.54 FREDDIE MAC 100,077.60 2.00 HSBC HOLDINGS PLC 99,563.40 1.99 IBM CORP 125,175.50 2.50 JP MORGAN CHASE & CO 49,692.65 0.99 MICROSOFT CORP 99,641.50 1.99 NORDEA BANK AB 30,024.30 0.60 STATE OF CONNECTICUT 110,386.76 2.21 THE WALT DISNEY CORPORATION 55,092.95 1.10 TOYOTA MOTOR CORP 2,222,943.24 44.47 UNITED STATES TREASURY 125,711.88 2.51 US BANCORP 173,492.73 3.47 WELLS FARGO & COMPANY $4,999,120.93 Total 100.00% Page 4 For the Month Ending August 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par U.S. Treasury Bond / Note US TREASURY NOTES DTD 01/03/2012 0.875% 12/31/2016 100,419.90 99,950.80 149.80 99,820.31 01/26/1201/23/12AaaAA+ 100,000.00 912828RX0 0.91 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 276,568.33 276,153.16 1,157.10 277,234.38 03/03/1402/27/14AaaAA+ 275,000.00 912828SM3 0.73 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 301,710.90 300,363.13 1,262.30 300,691.41 03/21/1403/19/14AaaAA+ 300,000.00 912828SM3 0.92 US TREASURY NOTES DTD 04/30/2012 0.875% 04/30/2017 250,830.00 251,027.97 737.09 251,376.95 02/05/1502/04/15AaaAA+ 250,000.00 912828SS0 0.63 US TREASURY NOTES DTD 10/01/2012 0.625% 09/30/2017 99,665.40 99,751.22 262.98 99,417.97 10/31/1210/26/12AaaAA+ 100,000.00 912828TS9 0.75 US TREASURY NOTES DTD 11/30/2012 0.625% 11/30/2017 149,160.15 148,167.92 238.22 147,117.19 05/09/1405/06/14AaaAA+ 150,000.00 912828UA6 1.18 US TREASURY NOTES DTD 07/31/2013 1.375% 07/31/2018 100,876.30 101,301.44 119.57 101,554.69 02/04/1502/02/15AaaAA+ 100,000.00 912828VQ0 0.92 US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 95,222.68 94,515.89 301.74 94,335.74 06/03/1406/02/14AaaAA+ 95,000.00 912828A34 1.41 US TREASURY NOTES DTD 01/31/2014 1.500% 01/31/2019 176,528.98 174,377.73 228.26 174,186.52 07/31/1407/29/14AaaAA+ 175,000.00 912828B33 1.61 US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 25,303.70 25,021.66 170.94 25,027.34 09/04/1409/02/14AaaAA+ 25,000.00 912828C65 1.60 US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 73,794.90 74,097.42 315.57 74,024.41 04/30/1504/28/15AaaAA+ 75,000.00 912828TR1 1.30 US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 172,188.10 172,091.00 736.34 171,739.26 02/27/1502/26/15AaaAA+ 175,000.00 912828TR1 1.42 US TREASURY NOTES DTD 09/30/2014 1.750% 09/30/2019 253,418.00 253,516.26 1,840.85 253,876.95 03/27/1503/26/15AaaAA+ 250,000.00 912828F39 1.39 US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 147,255.90 147,267.51 381.15 147,105.47 05/29/1505/28/15AaaAA+ 150,000.00 912828UB4 1.44 Page 5 For the Month Ending August 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par 7,901.91 2,222,943.24 2,217,603.11 1.10 2,217,508.59 2,220,000.00 Security Type Sub-Total Municipal Bond / Note CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 30,024.30 30,075.35 256.62 30,084.30 03/25/1503/16/15Aa3AA 30,000.00 20772JZK1 1.90 256.62 30,024.30 30,075.35 1.90 30,084.30 30,000.00 Security Type Sub-Total Federal Agency Collateralized Mortgage Obligation FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 25,204.00 25,216.71 32.29 25,249.91 04/30/1504/15/15AaaAA+ 25,000.00 3136ANJY4 0.83 32.29 25,204.00 25,216.71 0.83 25,249.91 25,000.00 Security Type Sub-Total Federal Agency Bond / Note FHLB NOTES DTD 08/07/2014 0.500% 09/28/2016 134,977.86 134,847.00 286.88 134,696.25 08/07/1408/06/14AaaAA+ 135,000.00 3130A2T97 0.61 FHLMC NOTES DTD 08/16/2013 0.875% 10/14/2016 100,377.20 100,113.10 332.99 100,304.00 10/03/1310/01/13AaaAA+ 100,000.00 3137EADS5 0.77 FREDDIE MAC GLOBAL NOTES DTD 05/14/2012 1.000% 06/29/2017 30,173.61 30,018.31 51.67 30,028.62 08/13/1408/11/14AaaAA+ 30,000.00 3137EADH9 0.97 FREDDIE MAC GLOBAL NOTES DTD 05/14/2012 1.000% 06/29/2017 120,694.44 120,089.78 206.67 120,140.40 08/13/1408/11/14AaaAA+ 120,000.00 3137EADH9 0.96 FREDDIE MAC GLOBAL NOTES DTD 08/10/2012 1.000% 09/29/2017 175,432.43 175,787.34 738.89 176,867.25 10/05/1210/04/12AaaAA+ 175,000.00 3137EADL0 0.78 FANNIE MAE GLOBAL NOTES DTD 09/24/2012 0.875% 10/26/2017 150,142.20 149,353.75 455.73 148,840.50 12/03/1311/27/13AaaAA+ 150,000.00 3135G0PQ0 1.08 FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 99,381.60 99,159.65 243.06 98,485.00 05/31/1305/24/13AaaAA+ 100,000.00 3135G0WJ8 1.19 FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 124,227.00 124,417.22 303.82 123,943.75 05/24/1305/22/13AaaAA+ 125,000.00 3135G0WJ8 1.05 Page 6 For the Month Ending August 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par Federal Agency Bond / Note FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 106,317.75 105,793.96 445.52 105,997.50 10/23/1410/22/14AaaAA+ 105,000.00 3135G0YT4 1.39 3,065.23 1,041,724.09 1,039,580.11 0.96 1,039,303.27 1,040,000.00 Security Type Sub-Total Corporate Note JPMORGAN CHASE & CO GLOBAL NOTES DTD 02/26/2013 1.125% 02/26/2016 125,175.50 124,975.13 19.53 124,848.75 02/26/1302/21/13A3A 125,000.00 46623EJU4 1.17 TOYOTA MOTOR CREDIT CORP DTD 05/17/2013 0.800% 05/17/2016 55,092.95 54,994.61 127.11 54,977.45 05/17/1305/14/13Aa3AA- 55,000.00 89236TAL9 0.81 WALT DISNEY CO CORPORATE NOTE DTD 02/14/2012 1.125% 02/15/2017 110,386.76 109,875.01 55.00 109,606.20 06/14/1206/11/12A2A 110,000.00 25468PCS3 1.20 US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 125,711.88 125,937.04 607.29 127,670.00 07/30/1207/25/12A1A+ 125,000.00 91159HHD5 1.19 CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 74,534.33 75,182.21 197.80 75,405.75 12/05/1211/29/12Aa1AA 75,000.00 166764AA8 0.99 CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 99,379.10 100,000.00 263.73 100,000.00 12/05/1211/28/12Aa1AA 100,000.00 166764AA8 1.10 IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 99,563.40 99,773.03 79.86 99,542.00 02/08/1302/05/13Aa3AA- 100,000.00 459200HK0 1.35 BANK OF NEW YORK MELLON (CALLABLE) DTD 03/06/2013 1.350% 03/06/2018 148,924.50 149,977.76 984.38 149,956.50 03/06/1303/04/13A1A+ 150,000.00 06406HCJ6 1.36 MICROSOFT CORP GLOBAL NOTES DTD 05/02/2013 1.000% 05/01/2018 49,692.65 49,982.99 166.67 49,968.50 05/02/1304/25/13AaaAAA 50,000.00 594918AS3 1.01 COLGATE-PALMOLIVE CO NOTES DTD 05/02/2013 0.900% 05/01/2018 99,261.50 99,742.53 300.00 99,523.00 05/02/1304/29/13Aa3AA- 100,000.00 19416QEB2 1.00 APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 54,394.34 54,890.19 180.28 54,797.05 05/03/1304/30/13Aa1AA+ 55,000.00 037833AJ9 1.08 CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 80,270.72 80,000.00 255.79 80,000.00 06/24/1306/17/13Aa1AA 80,000.00 166764AE0 1.72 Page 7 For the Month Ending August 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par Corporate Note CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 50,366.55 50,373.61 531.25 50,475.00 09/04/1408/29/14A1AA- 50,000.00 17275RAR3 1.90 AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 100,313.40 99,849.45 100.00 99,815.00 09/09/1409/04/14A1A+ 100,000.00 02665WAH4 2.29 WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 173,492.73 176,088.92 323.99 176,223.25 02/05/1502/02/15A2A+ 175,000.00 94974BGF1 2.00 4,192.68 1,446,560.31 1,451,642.48 1.39 1,452,808.45 1,450,000.00 Security Type Sub-Total Certificate of Deposit HSBC BANK USA NA CD DTD 02/13/2015 0.880% 08/15/2016 100,077.60 100,000.00 36.67 100,000.00 02/13/1502/11/15P-1A-1+ 100,000.00 40428AC54 0.88 NORDEA BANK FINLAND NY CD DTD 05/29/2015 1.150% 05/26/2017 99,641.50 100,000.00 303.47 100,000.00 05/29/1505/27/15Aa3AA- 100,000.00 65558LFA5 1.15 340.14 199,719.10 200,000.00 1.02 200,000.00 200,000.00 Security Type Sub-Total 4,965,000.00 4,964,954.52 1.15 15,788.87 4,964,117.76 4,966,175.04 Managed Account Sub-Total Money Market Fund CAMP Pool 32,945.89 32,945.89 0.00 32,945.89 NRAAAm 32,945.89 32,945.89 32,945.89 0.00 32,945.89 32,945.89 Money Market Sub-Total $4,997,945.89 $4,997,900.41 $15,788.87 $4,997,063.65 $4,999,120.93 1.15% $5,014,909.80 $15,788.87 Total Investments Accrued Interest Securities Sub-Total Page 8 For the Month Ending August 31, 2015Managed Account Fair Market Value & Analytics ValueOn CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Security Type/Description Next Call Market YTMEffective Duration U.S. Treasury Bond / Note 1.32 469.10 599.59 100,419.90 100.42 DEUTSCHE 100,000.00 912828RX0US TREASURY NOTES DTD 01/03/2012 0.875% 12/31/2016 0.56 1.32 1.56 415.17 (666.05) 276,568.33 100.57 MERRILL 275,000.00 912828SM3US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 0.64 1.56 1.56 1,347.77 1,019.49 301,710.90 100.57 MORGANST 300,000.00 912828SM3US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 0.64 1.56 1.65 (197.97)(546.95) 250,830.00 100.33 CITIGRP 250,000.00 912828SS0US TREASURY NOTES DTD 04/30/2012 0.875% 04/30/2017 0.67 1.65 2.06 (85.82) 247.43 99,665.40 99.67 CITIGRP 100,000.00 912828TS9US TREASURY NOTES DTD 10/01/2012 0.625% 09/30/2017 0.79 2.06 2.22 992.23 2,042.96 149,160.15 99.44 MERRILL 150,000.00 912828UA6US TREASURY NOTES DTD 11/30/2012 0.625% 11/30/2017 0.88 2.22 2.85 (425.14)(678.39) 100,876.30 100.88 BARCLAYS 100,000.00 912828VQ0US TREASURY NOTES DTD 07/31/2013 1.375% 07/31/2018 1.07 2.85 3.17 706.79 886.94 95,222.68 100.23 CITIGRP 95,000.00 912828A34US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 1.18 3.17 3.32 2,151.25 2,342.46 176,528.98 100.87 BARCLAYS 175,000.00 912828B33US TREASURY NOTES DTD 01/31/2014 1.500% 01/31/2019 1.24 3.32 3.45 282.04 276.36 25,303.70 101.21 CITIGRP 25,000.00 912828C65US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 1.28 3.45 3.96 (302.52)(229.51) 73,794.90 98.39 MERRILL 75,000.00 912828TR1US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 1.41 3.96 3.96 97.10 448.84 172,188.10 98.39 JPMCHASE 175,000.00 912828TR1US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 1.41 3.96 3.90 (98.26)(458.95) 253,418.00 101.37 JPMCHASE 250,000.00 912828F39US TREASURY NOTES DTD 09/30/2014 1.750% 09/30/2019 1.40 3.90 4.13 (11.61) 150.43 147,255.90 98.17 CITIGRP 150,000.00 912828UB4US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 1.45 4.13 5,434.65 0.98 2.62 5,340.13 2,222,943.24 2,220,000.00 Security Type Sub-Total 2.62 Municipal Bond / Note 3.37 (51.05)(60.00) 30,024.30 100.08 VINING 30,000.00 20772JZK1CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 1.95 3.37 Page 9 For the Month Ending August 31, 2015Managed Account Fair Market Value & Analytics ValueOn CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Security Type/Description Next Call Market YTMEffective Duration (60.00) 1.95 3.37 (51.05) 30,024.30 30,000.00 Security Type Sub-Total 3.37 Federal Agency Collateralized Mortgage Obligation 2.37 (12.71)(45.91) 25,204.00 100.82 GOLDMAN 25,000.00 3136ANJY4FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 1.16 2.42 (45.91) 1.16 2.37 (12.71) 25,204.00 25,000.00 Security Type Sub-Total 2.42 Federal Agency Bond / Note 1.07 130.86 281.61 134,977.86 99.98 MORGANST 135,000.00 3130A2T97FHLB NOTES DTD 08/07/2014 0.500% 09/28/2016 0.52 1.07 1.11 264.10 73.20 100,377.20 100.38 NOMURA 100,000.00 3137EADS5FHLMC NOTES DTD 08/16/2013 0.875% 10/14/2016 0.54 1.11 1.81 155.30 144.99 30,173.61 100.58 JPMCHASE 30,000.00 3137EADH9FREDDIE MAC GLOBAL NOTES DTD 05/14/2012 1.000% 06/29/2017 0.68 1.81 1.81 604.66 554.04 120,694.44 100.58 BNP PARI 120,000.00 3137EADH9FREDDIE MAC GLOBAL NOTES DTD 05/14/2012 1.000% 06/29/2017 0.68 1.81 2.04 (354.91)(1,434.82) 175,432.43 100.25 JEFFERIE 175,000.00 3137EADL0FREDDIE MAC GLOBAL NOTES DTD 08/10/2012 1.000% 09/29/2017 0.88 2.04 2.12 788.45 1,301.70 150,142.20 100.09 SOC GEN 150,000.00 3135G0PQ0FANNIE MAE GLOBAL NOTES DTD 09/24/2012 0.875% 10/26/2017 0.83 2.12 2.67 221.95 896.60 99,381.60 99.38 CSFB 100,000.00 3135G0WJ8FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 1.11 2.67 2.67 (190.22) 283.25 124,227.00 99.38 BNP PARI 125,000.00 3135G0WJ8FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 1.11 2.67 3.14 523.79 320.25 106,317.75 101.26 GOLDMAN 105,000.00 3135G0YT4FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 1.23 3.14 2,420.82 0.85 2.05 2,143.98 1,041,724.09 1,040,000.00 Security Type Sub-Total 2.05 Corporate Note 0.49 200.37 326.75 125,175.50 100.14 JPMCHASE 125,000.00 46623EJU4JPMORGAN CHASE & CO GLOBAL NOTES DTD 02/26/2013 1.125% 02/26/2016 0.83 0.49 0.71 98.34 115.50 55,092.95 100.17 CITIGRP 55,000.00 89236TAL9TOYOTA MOTOR CREDIT CORP DTD 05/17/2013 0.800% 05/17/2016 0.56 0.71 Page 10 For the Month Ending August 31, 2015Managed Account Fair Market Value & Analytics ValueOn CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Security Type/Description Next Call Market YTMEffective Duration Corporate Note 1.44 511.75 780.56 110,386.76 100.35 BARCLAYS 110,000.00 25468PCS3WALT DISNEY CO CORPORATE NOTE DTD 02/14/2012 1.125% 02/15/2017 0.88 1.44 1.59 (225.16)(1,958.12) 125,711.88 100.57 04/15/17BARCLAYS 125,000.00 91159HHD5US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 1.31 2.42 2.22 (647.88)(871.42) 74,534.33 99.38 11/05/17BARCLAYS 75,000.00 166764AA8CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 1.38 3.00 2.22 (620.90)(620.90) 99,379.10 99.38 11/05/17MORGANST 100,000.00 166764AA8CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 1.38 3.00 2.39 (209.63) 21.40 99,563.40 99.56 HSBC 100,000.00 459200HK0IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 1.43 2.39 2.44 (1,053.26)(1,032.00) 148,924.50 99.28 GOLDMAN 150,000.00 06406HCJ6BANK OF NEW YORK MELLON (CALLABLE) DTD 03/06/2013 1.350% 03/06/2018 1.64 3.23 2.61 (290.34)(275.85) 49,692.65 99.39 MERRILL 50,000.00 594918AS3MICROSOFT CORP GLOBAL NOTES DTD 05/02/2013 1.000% 05/01/2018 1.23 2.61 2.62 (481.03)(261.50) 99,261.50 99.26 CITIGRP 100,000.00 19416QEB2COLGATE-PALMOLIVE CO NOTES DTD 05/02/2013 0.900% 05/01/2018 1.18 2.62 2.62 (495.85)(402.71) 54,394.34 98.90 GOLDMAN 55,000.00 037833AJ9APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 1.42 2.62 2.73 270.72 270.72 80,270.72 100.34 BARCLAYS 80,000.00 166764AE0CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 1.59 2.73 3.32 (7.06)(108.45) 50,366.55 100.73 BONY 50,000.00 17275RAR3CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 1.91 3.32 3.76 463.95 498.40 100,313.40 100.31 MERRILL 100,000.00 02665WAH4AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 2.17 3.76 4.18 (2,596.19)(2,730.52) 173,492.73 99.14 JEFFERIE 175,000.00 94974BGF1WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 2.36 4.18 (6,248.14) 1.47 2.40 (5,082.17) 1,446,560.31 1,450,000.00 Security Type Sub-Total 2.64 Certificate of Deposit Page 11 For the Month Ending August 31, 2015Managed Account Fair Market Value & Analytics ValueOn CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Security Type/Description Next Call Market YTMEffective Duration Certificate of Deposit 0.96 77.60 77.60 100,077.60 100.08 HSBC 100,000.00 40428AC54HSBC BANK USA NA CD DTD 02/13/2015 0.880% 08/15/2016 0.80 0.96 1.73 (358.50)(358.50) 99,641.50 99.64 MERRILL 100,000.00 65558LFA5NORDEA BANK FINLAND NY CD DTD 05/29/2015 1.150% 05/26/2017 1.19 1.73 (280.90) 0.99 1.34 (280.90) 199,719.10 200,000.00 Security Type Sub-Total 1.34 4,965,000.00 4,966,175.04 1,220.52 2,057.28 2.39 1.11 Managed Account Sub-Total 2.46 Money Market Fund 0.00 0.00 0.00 32,945.89 1.00 32,945.89 CAMP Pool 0.00 32,945.89 32,945.89 0.00 0.00 0.00 Money Market Sub-Total 0.00 Total Investments $5,014,909.80 $15,788.87 $4,999,120.93 Accrued Interest Securities Sub-Total $4,997,945.89 $1,220.52 $2,057.28 2.39 1.11% 2.46 Page 12 For the Month Ending August 31, 2015Managed Account Security Transactions & Interest CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Transaction Type Trade CUSIPSecurity DescriptionSettle Par Proceeds Principal Accrued Interest Total Cost Realized G/LRealized G/L Sale Amort Cost Method INTEREST 08/25/15 FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 3136ANJY4 0.00 32.29 32.29 25,000.00 08/01/15 08/08/15 IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 459200HK0 0.00 625.00 625.00 100,000.00 08/08/15 08/15/15 WALT DISNEY CO CORPORATE NOTE DTD 02/14/2012 1.125% 02/15/2017 25468PCS3 0.00 618.75 618.75 110,000.00 08/15/15 08/15/15 AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 02665WAH4 0.00 1,125.00 1,125.00 100,000.00 08/15/15 08/17/15 HSBC BANK USA NA CD DTD 02/13/2015 0.880% 08/15/2016 40428AC54 0.00 452.22 452.22 100,000.00 08/17/15 08/26/15 JPMORGAN CHASE & CO GLOBAL NOTES DTD 02/26/2013 1.125% 02/26/2016 46623EJU4 0.00 703.13 703.13 125,000.00 08/26/15 3,556.39 3,556.39 0.00 560,000.00 Transaction Type Sub-Total 0.00 3,556.39 3,556.39 Managed Account Sub-Total Total Security Transactions $3,556.39 $3,556.39 $0.00 Page 13 For the Month Ending August 31, 2015Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Total Settlement Dollar AmountShare or Trade Shares OwnedDateTransaction Description of TransactionUnit PriceDate CAMP Pool 29,799.04 Opening Balance 08/10/1508/10/15Purchase - Individual Portfolio Interest 1.00 625.00 30,424.04 08/17/1508/17/15Purchase - Individual Portfolio Interest 1.00 1,125.00 31,549.04 08/17/1508/17/15Purchase - Individual Portfolio Interest 1.00 452.22 32,001.26 08/17/1508/17/15Purchase - Individual Portfolio Interest 1.00 618.75 32,620.01 08/25/1508/25/15Purchase - Individual Portfolio Interest 1.00 32.29 32,652.30 08/25/1508/25/15IP Fees July 2015 1.00 (391.97) 32,260.33 08/25/1508/25/15U.S. Bank Fees June 2015 1.00 (20.57) 32,239.76 08/26/1508/26/15Purchase - Individual Portfolio Interest 1.00 703.13 32,942.89 08/31/1509/01/15Accrual Income Div Reinvestment - Distributions 1.00 3.00 32,945.89 32,945.89 32,945.89 32,945.89 31,355.48 14.31 0.00 (1,466,482.44) 1,465,270.51 34,157.82 3.00 32,945.89 0.00 (412.54) 3,559.39 29,799.04 Monthly Distribution Yield Average Monthly Balance Closing Balance Fiscal YTDMonth of Cash Dividends and Income Closing Balance Check Disbursements Redemptions (Excl. Checks) Purchases Opening Balance Closing Balance AugustJanuary-August 0.11% Page 14 Successor Agency CAMP Account For the Month Ending August 31, 2015Account Statement - Transaction Summary CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Opening Market Value Purchases Redemptions Change in Value Closing Market Value 61,818.47 5,506.25 (425.25) 0.00 $66,899.47 CAMP Pool Unsettled Trades 0.00 6.11 Cash Dividends and Income Opening Market Value Purchases Redemptions Change in Value Closing Market Value 5,138,858.59 0.00 0.00 (7,986.99) $5,130,871.60 CAMP Managed Account Unsettled Trades 0.00 5,500.14 Cash Dividends and Income August 31, 2015July 31, 2015 Asset Summary CAMP Pool 66,899.47 61,818.47 CAMP Managed Account 5,130,871.60 5,138,858.59 $5,197,771.07 $5,200,677.06 Total Asset Allocation 1.29% CAMP Pool 98.71% CAMP Managed Account Page 1 For the Month Ending August 31, 2015Managed Account Summary Statement CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Dividend Closing Market Value Redemptions Purchases Opening Market Value Closing Market Value Change in Current Value Unsettled Trades Principal Acquisitions Principal Dispositions Maturities/Calls Opening Market Value Closing Market Value Opening Market Value Account Total Total Cash Basis Earnings Plus Net Realized Gains/Losses Less Purchased Interest Related to Interest/Coupons Interest/Dividends/Coupons Received Earnings Reconciliation (Cash Basis) - Managed Account Dividends Less Beginning Accrued Interest Less Beginning Amortized Value of Securities Less Cost of New Purchases Plus Coupons/Dividends Received Plus Proceeds of Maturities/Calls/Principal Payments Plus Proceeds from Sales Ending Accrued Interest Ending Amortized Value of Securities Earnings Reconciliation (Accrual Basis) Reconciling Transactions Net Cash Contribution Security Purchases Principal Payments Coupon/Interest/Dividend Income Sale Proceeds Maturities/Calls Cash Transactions Summary- Managed Account $61,818.47 5,506.25 (425.25) $66,899.47 6.11 $5,138,858.59 0.00 0.00 0.00 0.00 (7,986.99) $5,130,871.60 $5,200,677.06 $5,197,771.07 5,500.14 0.00 0.00 $5,500.14 0.00 0.00 5,500.14 0.00 0.00 (5,500.14) 0.00 Managed Account Total 5,117,215.69 5,184,115.16 16,633.84 0.00 0.00 5,500.14 0.00 (5,117,191.08) (16,832.22) 0.00 16,633.84 425.25 0.00 5,500.14 (5,506.25) (5,179,009.55) (16,832.22) 6.11 Total Accrual Basis Earnings $5,326.37 $5,332.48 Transaction Summary - Managed AccountTransaction Summary - Money Market ___________________________________________________________________________________________________________________________________________________ Cash Balance $0.00 Closing Cash Balance Page 2 For the Month Ending August 31, 2015Portfolio Summary and Statistics CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Account Summary Percent Par ValueMarket ValueDescription U.S. Treasury Bond / Note 2,283,000.00 2,290,273.03 44.06 Municipal Bond / Note 30,000.00 30,024.30 0.58 Federal Agency Collateralized Mortgage Obligation 25,000.00 25,204.00 0.48 Federal Agency Bond / Note 1,165,000.00 1,168,924.21 22.49 Corporate Note 1,415,000.00 1,416,726.96 27.26 Certificate of Deposit 200,000.00 199,719.10 3.84 Managed Account Sub-Total 5,118,000.005,130,871.60 98.71% Accrued Interest 16,633.84 Total Portfolio 5,118,000.005,147,505.44 CAMP Pool 66,899.47 66,899.47 1.29 Total Investments 5,184,899.475,214,404.91 100.00% Unsettled Trades 0.00 0.00 Sector Allocation 3.84% Cert of Deposit 27.26% Corporate Note 0.48% Fed Agency CMO 22.49% Fed Agy Bond / Note 1.29% Mny Mkt Fund 0.58% Muni Bond / Note 44.06% US TSY Bond / Note 0 - 6 Months 6 - 12 Months 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years Over 5 Years 4.66%2.99% 35.20% 21.30%20.59% 15.26% 0.00% Maturity Distribution Characteristics Yield to Maturity at Cost Yield to Maturity at Market Duration to Worst Weighted Average Days to Maturity 2.43 916 1.22% 1.10% Page 3 For the Month Ending August 31, 2015Managed Account Issuer Summary CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Credit Quality (S&P Ratings) 8.20% A 9.15% A+ 1.93% A-1+ 2.12% AA 68.08% AA+ 8.27% AA- 0.96% AAA 1.29% AAAm Issuer Summary Percentof HoldingsIssuer Market Value 125,380.75 2.41 3M COMPANY 100,313.40 1.93 AMERICAN HONDA FINANCE 54,394.34 1.05 APPLE INC 124,103.75 2.39 BANK OF NEW YORK CO INC 66,899.47 1.29 CAMP Pool 80,270.72 1.54 CHEVRON CORP 50,366.55 0.97 CISCO SYSTEMS INC 806,886.60 15.51 FANNIE MAE 134,977.86 2.60 FEDERAL HOME LOAN BANKS 252,263.75 4.85 FREDDIE MAC 100,077.60 1.93 HSBC HOLDINGS PLC 99,563.40 1.92 IBM CORP 175,245.70 3.37 JP MORGAN CHASE & CO 49,692.65 0.96 MICROSOFT CORP 99,641.50 1.92 NORDEA BANK AB 30,024.30 0.58 STATE OF CONNECTICUT 250,879.00 4.83 THE WALT DISNEY CORPORATION 55,092.95 1.06 TOYOTA MOTOR CORP 2,290,273.03 44.05 UNITED STATES TREASURY 251,423.75 4.84 US BANCORP $5,197,771.07 Total 100.00% Page 4 For the Month Ending August 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par U.S. Treasury Bond / Note US TREASURY NOTES DTD 01/03/2012 0.875% 12/31/2016 188,789.41 187,907.50 281.62 187,662.18 01/26/1201/23/12AaaAA+ 188,000.00 912828RX0 0.91 US TREASURY NOTES DTD 02/29/2012 0.875% 02/28/2017 100,386.70 99,905.34 2.40 99,691.41 03/15/1203/13/12AaaAA+ 100,000.00 912828SJ0 0.94 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 226,283.18 225,943.49 946.72 226,828.13 03/03/1402/27/14AaaAA+ 225,000.00 912828SM3 0.73 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 251,425.75 250,302.60 1,051.91 250,576.17 03/21/1403/19/14AaaAA+ 250,000.00 912828SM3 0.92 US TREASURY NOTES DTD 11/30/2012 0.625% 11/30/2017 124,300.13 123,473.27 198.51 122,597.66 05/09/1405/06/14AaaAA+ 125,000.00 912828UA6 1.18 US TREASURY NOTES DTD 07/31/2013 1.375% 07/31/2018 100,876.30 101,301.44 119.57 101,554.69 02/04/1502/02/15AaaAA+ 100,000.00 912828VQ0 0.92 US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 20,046.88 19,844.26 63.52 19,790.63 07/07/1407/01/14AaaAA+ 20,000.00 912828A34 1.50 US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 75,175.80 74,617.81 238.22 74,475.59 06/03/1406/02/14AaaAA+ 75,000.00 912828A34 1.41 US TREASURY NOTES DTD 01/31/2014 1.500% 01/31/2019 176,528.98 174,377.73 228.26 174,186.52 07/31/1407/29/14AaaAA+ 175,000.00 912828B33 1.61 US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 25,303.70 25,021.66 170.94 25,027.34 09/04/1409/02/14AaaAA+ 25,000.00 912828C65 1.60 US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 101,214.80 100,125.70 683.74 100,156.25 10/06/1410/02/14AaaAA+ 100,000.00 912828C65 1.59 US TREASURY NOTES DTD 05/15/2009 3.125% 05/15/2019 106,549.50 105,825.50 925.61 107,085.94 11/03/1410/30/14AaaAA+ 100,000.00 912828KQ2 1.50 US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 147,589.80 148,194.84 631.15 148,048.83 04/30/1504/28/15AaaAA+ 150,000.00 912828TR1 1.30 US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 221,384.70 221,259.86 946.72 220,807.62 02/27/1502/26/15AaaAA+ 225,000.00 912828TR1 1.42 Page 5 For the Month Ending August 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par U.S. Treasury Bond / Note US TREASURY NOTES DTD 09/30/2014 1.750% 09/30/2019 228,076.20 228,164.64 1,656.76 228,489.26 03/27/1503/26/15AaaAA+ 225,000.00 912828F39 1.39 US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 196,341.20 196,356.68 508.20 196,140.63 05/29/1505/28/15AaaAA+ 200,000.00 912828UB4 1.44 8,653.85 2,290,273.03 2,282,622.32 1.22 2,283,118.85 2,283,000.00 Security Type Sub-Total Municipal Bond / Note CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 30,024.30 30,075.35 256.62 30,084.30 03/25/1503/16/15Aa3AA 30,000.00 20772JZK1 1.90 256.62 30,024.30 30,075.35 1.90 30,084.30 30,000.00 Security Type Sub-Total Federal Agency Collateralized Mortgage Obligation FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 25,204.00 25,216.71 32.29 25,249.91 04/30/1504/15/15AaaAA+ 25,000.00 3136ANJY4 0.83 32.29 25,204.00 25,216.71 0.83 25,249.91 25,000.00 Security Type Sub-Total Federal Agency Bond / Note FHLB NOTES DTD 08/07/2014 0.500% 09/28/2016 134,977.86 134,847.00 286.88 134,696.25 08/07/1408/06/14AaaAA+ 135,000.00 3130A2T97 0.61 FHLMC NOTES DTD 08/16/2013 0.875% 10/14/2016 100,377.20 100,113.10 332.99 100,304.00 10/03/1310/01/13AaaAA+ 100,000.00 3137EADS5 0.77 FANNIE MAE GLOBAL NOTES DTD 07/20/2012 0.875% 08/28/2017 99,974.20 100,100.69 7.29 100,248.00 09/10/1209/06/12AaaAA+ 100,000.00 3135G0MZ3 0.82 FANNIE MAE GLOBAL NOTES DTD 09/24/2012 0.875% 10/26/2017 225,213.30 224,030.63 683.59 223,260.75 12/03/1311/27/13AaaAA+ 225,000.00 3135G0PQ0 1.08 FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 74,536.20 74,369.74 182.29 73,863.75 05/31/1305/24/13AaaAA+ 75,000.00 3135G0WJ8 1.19 FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 149,072.40 149,300.66 364.58 148,732.50 05/24/1305/22/13AaaAA+ 150,000.00 3135G0WJ8 1.05 Page 6 For the Month Ending August 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par Federal Agency Bond / Note FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 106,317.75 105,793.96 445.52 105,997.50 10/23/1410/22/14AaaAA+ 105,000.00 3135G0YT4 1.39 FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 126,568.75 125,003.09 530.38 125,003.75 06/19/1406/16/14AaaAA+ 125,000.00 3135G0YT4 1.62 FREDDIE MAC NOTES DTD 04/16/2012 1.750% 05/30/2019 151,886.55 151,429.26 663.54 151,704.00 12/03/1412/01/14AaaAA+ 150,000.00 3137EADG1 1.49 3,497.06 1,168,924.21 1,164,988.13 1.12 1,163,810.50 1,165,000.00 Security Type Sub-Total Corporate Note JPMORGAN CHASE & CO GLOBAL NOTES DTD 02/26/2013 1.125% 02/26/2016 175,245.70 174,965.19 27.34 174,788.25 02/26/1302/21/13A3A 175,000.00 46623EJU4 1.17 TOYOTA MOTOR CREDIT CORP DTD 05/17/2013 0.800% 05/17/2016 55,092.95 54,994.61 127.11 54,977.45 05/17/1305/14/13Aa3AA- 55,000.00 89236TAL9 0.81 WALT DISNEY CO CORPORATE NOTE DTD 02/14/2012 1.125% 02/15/2017 250,879.00 249,715.94 125.00 249,105.00 06/14/1206/11/12A2A 250,000.00 25468PCS3 1.20 US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 251,423.75 250,000.00 1,214.58 255,340.00 07/30/1207/25/12A1A+ 250,000.00 91159HHD5 1.19 3M COMPANY GLOBAL NOTES DTD 06/26/2012 1.000% 06/26/2017 125,380.75 124,786.70 225.69 124,423.75 06/26/1206/21/12Aa3AA- 125,000.00 88579YAE1 1.10 IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 99,563.40 99,773.03 79.86 99,542.00 02/08/1302/05/13Aa3AA- 100,000.00 459200HK0 1.35 BANK OF NEW YORK MELLON (CALLABLE) DTD 03/06/2013 1.350% 03/06/2018 124,103.75 124,981.47 820.31 124,963.75 03/06/1303/04/13A1A+ 125,000.00 06406HCJ6 1.36 MICROSOFT CORP GLOBAL NOTES DTD 05/02/2013 1.000% 05/01/2018 49,692.65 49,982.99 166.67 49,968.50 05/02/1304/25/13AaaAAA 50,000.00 594918AS3 1.01 APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 54,394.34 54,890.19 180.28 54,797.05 05/03/1304/30/13Aa1AA+ 55,000.00 037833AJ9 1.08 Page 7 For the Month Ending August 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par Corporate Note CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 80,270.72 80,000.00 255.79 80,000.00 06/24/1306/17/13Aa1AA 80,000.00 166764AE0 1.72 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 50,366.55 50,373.61 531.25 50,475.00 09/04/1408/29/14A1AA- 50,000.00 17275RAR3 1.90 AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 100,313.40 99,849.45 100.00 99,815.00 09/09/1409/04/14A1A+ 100,000.00 02665WAH4 2.29 3,853.88 1,416,726.96 1,414,313.18 1.31 1,418,195.75 1,415,000.00 Security Type Sub-Total Certificate of Deposit HSBC BANK USA NA CD DTD 02/13/2015 0.880% 08/15/2016 100,077.60 100,000.00 36.67 100,000.00 02/13/1502/11/15P-1A-1+ 100,000.00 40428AC54 0.88 NORDEA BANK FINLAND NY CD DTD 05/29/2015 1.150% 05/26/2017 99,641.50 100,000.00 303.47 100,000.00 05/29/1505/27/15Aa3AA- 100,000.00 65558LFA5 1.15 340.14 199,719.10 200,000.00 1.02 200,000.00 200,000.00 Security Type Sub-Total 5,118,000.00 5,120,459.31 1.22 16,633.84 5,117,215.69 5,130,871.60 Managed Account Sub-Total Money Market Fund CAMP Pool 66,899.47 66,899.47 0.00 66,899.47 NRAAAm 66,899.47 66,899.47 66,899.47 0.00 66,899.47 66,899.47 Money Market Sub-Total $5,184,899.47 $5,187,358.78 $16,633.84 $5,184,115.16 $5,197,771.07 1.22% $5,214,404.91 $16,633.84 Total Investments Accrued Interest Securities Sub-Total Page 8 For the Month Ending August 31, 2015Managed Account Fair Market Value & Analytics ValueOn CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Security Type/Description Next Call Market YTMEffective Duration U.S. Treasury Bond / Note 1.32 881.91 1,127.23 188,789.41 100.42 DEUTSCHE 188,000.00 912828RX0US TREASURY NOTES DTD 01/03/2012 0.875% 12/31/2016 0.56 1.32 1.49 481.36 695.29 100,386.70 100.39 BARCLAYS 100,000.00 912828SJ0US TREASURY NOTES DTD 02/29/2012 0.875% 02/28/2017 0.62 1.49 1.56 339.69 (544.95) 226,283.18 100.57 MERRILL 225,000.00 912828SM3US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 0.64 1.56 1.56 1,123.15 849.58 251,425.75 100.57 MORGANST 250,000.00 912828SM3US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 0.64 1.56 2.22 826.86 1,702.47 124,300.13 99.44 MERRILL 125,000.00 912828UA6US TREASURY NOTES DTD 11/30/2012 0.625% 11/30/2017 0.88 2.22 2.85 (425.14)(678.39) 100,876.30 100.88 BARCLAYS 100,000.00 912828VQ0US TREASURY NOTES DTD 07/31/2013 1.375% 07/31/2018 1.07 2.85 3.17 202.62 256.25 20,046.88 100.23 MERRILL 20,000.00 912828A34US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 1.18 3.17 3.17 557.99 700.21 75,175.80 100.23 CITIGRP 75,000.00 912828A34US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 1.18 3.17 3.32 2,151.25 2,342.46 176,528.98 100.87 BARCLAYS 175,000.00 912828B33US TREASURY NOTES DTD 01/31/2014 1.500% 01/31/2019 1.24 3.32 3.45 282.04 276.36 25,303.70 101.21 CITIGRP 25,000.00 912828C65US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 1.28 3.45 3.45 1,089.10 1,058.55 101,214.80 101.21 MERRILL 100,000.00 912828C65US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 1.28 3.45 3.48 724.00 (536.44) 106,549.50 106.55 MERRILL 100,000.00 912828KQ2US TREASURY NOTES DTD 05/15/2009 3.125% 05/15/2019 1.31 3.48 3.96 (605.04)(459.03) 147,589.80 98.39 MERRILL 150,000.00 912828TR1US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 1.41 3.96 3.96 124.84 577.08 221,384.70 98.39 JPMCHASE 225,000.00 912828TR1US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 1.41 3.96 3.90 (88.44)(413.06) 228,076.20 101.37 JPMCHASE 225,000.00 912828F39US TREASURY NOTES DTD 09/30/2014 1.750% 09/30/2019 1.40 3.90 4.13 (15.48) 200.57 196,341.20 98.17 CITIGRP 200,000.00 912828UB4US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 1.45 4.13 7,154.18 1.07 2.87 7,650.71 2,290,273.03 2,283,000.00 Security Type Sub-Total 2.87 Page 9 For the Month Ending August 31, 2015Managed Account Fair Market Value & Analytics ValueOn CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Security Type/Description Next Call Market YTMEffective Duration Municipal Bond / Note 3.37 (51.05)(60.00) 30,024.30 100.08 VINING 30,000.00 20772JZK1CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 1.95 3.37 (60.00) 1.95 3.37 (51.05) 30,024.30 30,000.00 Security Type Sub-Total 3.37 Federal Agency Collateralized Mortgage Obligation 2.37 (12.71)(45.91) 25,204.00 100.82 GOLDMAN 25,000.00 3136ANJY4FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 1.16 2.42 (45.91) 1.16 2.37 (12.71) 25,204.00 25,000.00 Security Type Sub-Total 2.42 Federal Agency Bond / Note 1.07 130.86 281.61 134,977.86 99.98 MORGANST 135,000.00 3130A2T97FHLB NOTES DTD 08/07/2014 0.500% 09/28/2016 0.52 1.07 1.11 264.10 73.20 100,377.20 100.38 NOMURA 100,000.00 3137EADS5FHLMC NOTES DTD 08/16/2013 0.875% 10/14/2016 0.54 1.11 1.97 (126.49)(273.80) 99,974.20 99.97 HSBC 100,000.00 3135G0MZ3FANNIE MAE GLOBAL NOTES DTD 07/20/2012 0.875% 08/28/2017 0.89 1.97 2.12 1,182.67 1,952.55 225,213.30 100.09 SOC GEN 225,000.00 3135G0PQ0FANNIE MAE GLOBAL NOTES DTD 09/24/2012 0.875% 10/26/2017 0.83 2.12 2.67 166.46 672.45 74,536.20 99.38 CSFB 75,000.00 3135G0WJ8FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 1.11 2.67 2.67 (228.26) 339.90 149,072.40 99.38 BNP PARI 150,000.00 3135G0WJ8FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 1.11 2.67 3.14 523.79 320.25 106,317.75 101.26 GOLDMAN 105,000.00 3135G0YT4FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 1.23 3.14 3.14 1,565.66 1,565.00 126,568.75 101.26 HSBC 125,000.00 3135G0YT4FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 1.23 3.14 3.61 457.29 182.55 151,886.55 101.26 TD SEC U 150,000.00 3137EADG1FREDDIE MAC NOTES DTD 04/16/2012 1.750% 05/30/2019 1.40 3.61 5,113.71 0.98 2.40 3,936.08 1,168,924.21 1,165,000.00 Security Type Sub-Total 2.40 Corporate Note Page 10 For the Month Ending August 31, 2015Managed Account Fair Market Value & Analytics ValueOn CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Security Type/Description Next Call Market YTMEffective Duration Corporate Note 0.49 280.51 457.45 175,245.70 100.14 JPMCHASE 175,000.00 46623EJU4JPMORGAN CHASE & CO GLOBAL NOTES DTD 02/26/2013 1.125% 02/26/2016 0.83 0.49 0.71 98.34 115.50 55,092.95 100.17 CITIGRP 55,000.00 89236TAL9TOYOTA MOTOR CREDIT CORP DTD 05/17/2013 0.800% 05/17/2016 0.56 0.71 1.44 1,163.06 1,774.00 250,879.00 100.35 BARCLAYS 250,000.00 25468PCS3WALT DISNEY CO CORPORATE NOTE DTD 02/14/2012 1.125% 02/15/2017 0.88 1.44 1.59 1,423.75 (3,916.25) 251,423.75 100.57 04/15/17BARCLAYS 250,000.00 91159HHD5US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 1.31 2.42 1.80 594.05 957.00 125,380.75 100.30 MORGANST 125,000.00 88579YAE13M COMPANY GLOBAL NOTES DTD 06/26/2012 1.000% 06/26/2017 0.83 1.80 2.39 (209.63) 21.40 99,563.40 99.56 HSBC 100,000.00 459200HK0IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 1.43 2.39 2.44 (877.72)(860.00) 124,103.75 99.28 GOLDMAN 125,000.00 06406HCJ6BANK OF NEW YORK MELLON (CALLABLE) DTD 03/06/2013 1.350% 03/06/2018 1.64 3.23 2.61 (290.34)(275.85) 49,692.65 99.39 MERRILL 50,000.00 594918AS3MICROSOFT CORP GLOBAL NOTES DTD 05/02/2013 1.000% 05/01/2018 1.23 2.61 2.62 (495.85)(402.71) 54,394.34 98.90 GOLDMAN 55,000.00 037833AJ9APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 1.42 2.62 2.73 270.72 270.72 80,270.72 100.34 BARCLAYS 80,000.00 166764AE0CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 1.59 2.73 3.32 (7.06)(108.45) 50,366.55 100.73 BONY 50,000.00 17275RAR3CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 1.91 3.32 3.76 463.95 498.40 100,313.40 100.31 MERRILL 100,000.00 02665WAH4AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 2.17 3.76 (1,468.79) 1.24 1.90 2,413.78 1,416,726.96 1,415,000.00 Security Type Sub-Total 2.11 Certificate of Deposit 0.96 77.60 77.60 100,077.60 100.08 HSBC 100,000.00 40428AC54HSBC BANK USA NA CD DTD 02/13/2015 0.880% 08/15/2016 0.80 0.96 1.73 (358.50)(358.50) 99,641.50 99.64 MERRILL 100,000.00 65558LFA5NORDEA BANK FINLAND NY CD DTD 05/29/2015 1.150% 05/26/2017 1.19 1.73 (280.90) 0.99 1.34 (280.90) 199,719.10 200,000.00 Security Type Sub-Total 1.34 Page 11 For the Month Ending August 31, 2015Managed Account Fair Market Value & Analytics ValueOn CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Security Type/Description Next Call Market YTMEffective Duration 5,118,000.00 5,130,871.60 10,412.29 13,655.91 2.43 1.10 Managed Account Sub-Total 2.49 Money Market Fund 0.00 0.00 0.00 66,899.47 1.00 66,899.47 CAMP Pool 0.00 66,899.47 66,899.47 0.00 0.00 0.00 Money Market Sub-Total 0.00 Total Investments $5,214,404.91 $16,633.84 $5,197,771.07 Accrued Interest Securities Sub-Total $5,184,899.47 $10,412.29 $13,655.91 2.43 1.10% 2.49 Page 12 For the Month Ending August 31, 2015Managed Account Security Transactions & Interest CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Transaction Type Trade CUSIPSecurity DescriptionSettle Par Proceeds Principal Accrued Interest Total Cost Realized G/LRealized G/L Sale Amort Cost Method INTEREST 08/25/15 FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 3136ANJY4 0.00 32.29 32.29 25,000.00 08/01/15 08/08/15 IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 459200HK0 0.00 625.00 625.00 100,000.00 08/08/15 08/15/15 WALT DISNEY CO CORPORATE NOTE DTD 02/14/2012 1.125% 02/15/2017 25468PCS3 0.00 1,406.25 1,406.25 250,000.00 08/15/15 08/15/15 AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 02665WAH4 0.00 1,125.00 1,125.00 100,000.00 08/15/15 08/17/15 HSBC BANK USA NA CD DTD 02/13/2015 0.880% 08/15/2016 40428AC54 0.00 452.22 452.22 100,000.00 08/17/15 08/26/15 JPMORGAN CHASE & CO GLOBAL NOTES DTD 02/26/2013 1.125% 02/26/2016 46623EJU4 0.00 984.38 984.38 175,000.00 08/26/15 08/28/15 FANNIE MAE GLOBAL NOTES DTD 07/20/2012 0.875% 08/28/2017 3135G0MZ3 0.00 437.50 437.50 100,000.00 08/28/15 08/31/15 US TREASURY NOTES DTD 02/29/2012 0.875% 02/28/2017 912828SJ0 0.00 437.50 437.50 100,000.00 08/31/15 5,500.14 5,500.14 0.00 950,000.00 Transaction Type Sub-Total 0.00 5,500.14 5,500.14 Managed Account Sub-Total Total Security Transactions $5,500.14 $5,500.14 $0.00 Page 13 For the Month Ending August 31, 2015Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Total Settlement Dollar AmountShare or Trade Shares OwnedDateTransaction Description of TransactionUnit PriceDate CAMP Pool 61,818.47 Opening Balance 08/10/1508/10/15Purchase - Individual Portfolio Interest 1.00 625.00 62,443.47 08/17/1508/17/15Purchase - Individual Portfolio Interest 1.00 1,125.00 63,568.47 08/17/1508/17/15Purchase - Individual Portfolio Interest 1.00 452.22 64,020.69 08/17/1508/17/15Purchase - Individual Portfolio Interest 1.00 1,406.25 65,426.94 08/25/1508/25/15Purchase - Individual Portfolio Interest 1.00 32.29 65,459.23 08/25/1508/25/15IP Fees July 2015 1.00 (404.04) 65,055.19 08/25/1508/25/15U.S. Bank Fees June 2015 1.00 (21.21) 65,033.98 08/26/1508/26/15Purchase - Individual Portfolio Interest 1.00 984.38 66,018.36 08/28/1508/28/15Purchase - Individual Portfolio Interest 1.00 437.50 66,455.86 08/31/1508/31/15Purchase - Individual Portfolio Interest 1.00 437.50 66,893.36 08/31/1509/01/15Accrual Income Div Reinvestment - Distributions 1.00 6.11 66,899.47 Page 14 For the Month Ending August 31, 2015Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Total Settlement Dollar AmountShare or Trade Shares OwnedDateTransaction Description of TransactionUnit PriceDate 66,899.47 66,899.47 66,899.47 63,878.19 22.32 0.00 (1,165,444.39) 1,218,383.17 13,960.69 6.11 66,899.47 0.00 (425.25) 5,506.25 61,818.47 Monthly Distribution Yield Average Monthly Balance Closing Balance Fiscal YTDMonth of Cash Dividends and Income Closing Balance Check Disbursements Redemptions (Excl. Checks) Purchases Opening Balance Closing Balance AugustJanuary-August 0.11% Page 15 CITY OF LAKE ELSINORE INVESTMENT REPORT SEPTEMBER 2015 BANK DEPOSITS OUTSTANDING BOOK CASH ACCOUNTS BALANCE IN TRANSIT CHECKS BALANCE Bank Accounts: General Checking Account 5,155,534$ 15,020$ (165,472)$ 5,005,082$ Cash On Hand: Cashier Drawers #1 & #2 - - - 300 City of Lake Elsinore Petty Cash Fund - - - 1,000 Total Cash Accounts 5,155,534 15,020 (165,472) 5,006,382 INVESTMENTS City Investments: City Local Agency Investment Fund 11,834,021 - - 11,834,021 City Local Agency Investment Fund for the PFA 329,037 - - 329,037 City CAMP Investments: CAMP Pool Account 131,742 - - 131,742 U.S. Treasury Bond / Note 10,909,142 - - 10,909,142 Municipal Bond / Note 290,464 - - 290,464 Federal Agency Collateralized Mortgage Obligation 136,350 - - 136,350 Federal Agency Bond / Note 6,528,620 - - 6,528,620 Corporate Note 8,695,417 - - 8,695,417 Certificate of Deposit 2,800,000 - - 2,800,000 Housing CAMP Investments: Housing CAMP Pool Account 71,367 - - 71,367 Housing U.S. Treasury Bond / Notes 2,217,509 - - 2,217,509 Housing Municipal Bond / Notes 30,084 - - 30,084 Housing Federal Agency Collateralized Mortgage 25,250 - - 25,250 Housing Federal Agency Bond / Notes 1,039,303 - - 1,039,303 Housing Corporate Notes 1,423,949 - - 1,423,949 Housing Certificate of Deposit 200,000 - - 200,000 Successor Investments: Successor Local Agency Investment Fund 90,289 - - 90,289 Successor CAMP Investments: Successor CAMP Pool Account 104,087 - - 104,087 Successor U.S. Treasury Bond / Notes 2,333,314 - - 2,333,314 Successor Municipal Bond / notes 30,084 - - 30,084 Successor Federal Agency Collaterized Mortgage 25,250 - - 25,250 Successor Federal Agency Bond / Notes 1,163,811 - - 1,163,811 Successor Corporate Notes 1,339,397 - - 1,339,397 Successor Certificate of Deposit 200,000 - - 200,000 Sub-total Investments 51,948,485 - - 51,948,485 Market Value Adjustment: Unrealized Gain/ (Loss) at 06-30-15 City 4,631 - - 4,631 Unrealized Gain/ (Loss) at 06-30-15 SARDA 13,632 - - 13,632 Total Unrealized Gain/ (Loss) at 06-30-15 per GASB 31 18,263 - - 18,263 Total Investments 51,966,748 - - 51,966,748 Total Pooled Cash and Investments 57,122,282$ 15,020$ (165,472)$ 56,973,130$ TOTAL POOLED CASH AND INVESTMENTS 56,973,130$ I certify that this report accurately reflects all pooled investments and it is in conformity with the investment policy as approved by the City Council on June 9, 2015. A copy of this policy is available in the office of the City Clerk. The pooled investments shown above provide sufficient cash flow liquidity to meet the next six months estimated expenditures. Jason P. Simpson January 4, 2015 Director of Administrative Services Date C I T Y O F L A K E E L S I N O R E INVESTMENT REPORT OF POOLED CASH AND INVESTMENTS AS OF SEPTEMBER 30, 2015 Interest Rate Purchase Date Maturity Rate 0.337%Daily 24-Hour Agency Beginning Balance Net Increase/(Decrease)Ending Balance City 11,834,021$ -$ 11,834,021$ City for the PFA 329,037$ -$ 329,037$ Successor Agency 90,289$ -$ 90,289$ Total Investments Held with Local Agency Investment Fund:12,253,347$ -$ 12,253,347$ C I T Y O F L A K E E L S I N O R E LOCAL AGENCY INVESTMENT FUND TRANSACTION SUMMARY FOR THE MONTH ENDING SEPTEMBER 30, 2015 3 of 5 FUND NO FUND NAME AMOUNT 100 General Fund 10,268,879$ 101 Supplemental Law Enforcement Fund 16,667 104 Traffic Offender Fund 19,376 106 Affordable Housing In Lieu Fund 2,551,119 107 Developer Agreement Revenue 1,319,860 110 State Gas Tax Fund 1,633,269 112 Measure A Fund 930,037 114 SB1186 CASP Education Program Fund 4,321 115 Traffic Safety Fund 59,563 116 City Hall-Public Works DIF Fund 998,857 117 Community Center DIF Fund 418,533 118 Lake Side Facility DIF Fund 723,981 120 Camino Del Norte DIF 36,523 121 T.R.I.P.-2014A 629,617 135 Lighting & Landscape Maintenance Fund - Dist. No. 1 353,706 140 Geothermal Fund 19,591 155 CSA152 -- N.P.D.E.S.94,645 201 Street C.I.P. Fund 97 204 Signal C.I.P. Fund 802 205 Traffic Impact Fee Fund 3,253,335 211 Storm Drain C.I.P. Fund 3,435,488 221 Quimby Park C.I.P. Fund 22,058 231 Library C.I.P. Fund 1,649,427 232 City Fire Protection Fund 53,521 254 AD 89-1 Railroad Canyon Rd. Improvement Fund 126,253 268 CFD 2006-2 Viscaya Improvement 216 271 CFD 2005-1 Serenity Improvement 171 330 CFD 2015-2 Maintenance Services 4,729 332 CFD 2006-1 Improvement Area B, Summerly 43,094 342 CFD 2007-5 Red Kite Service Fund 1,320 343 CFD 2006-2S Viscaya Services 396 345 CFD 2003-2S Improvement Area D, Canyon Hills 188,310 346 CFD 2014-1 Southshore Debt Service Fund 62,044 347 CFD 2006-1 Improvement Area A, Summerly 25,859 348 CFD 2003-2 Improvement Area C, Canyon Hills 80,476 349 CFD 88-3 (2013B) Debt Service Fund 35,812 350 CFD 98-1 Summerhill Debt Service Fund 158,368 352 AD 86-1 Debt Service Fund 627,992 354 CFD 90-2 Successor RDA Debt Service Fund 112,200 357 CFD 2003-2 Canyon Hills Debt Service Fund 312,361 366 CFD 2005-6 City Center Townhomes Debt Service Fund 24,209 C I T Y O F L A K E E L S I N O R E POOLED CASH AND INVESTMENTS BY FUND AS OF SEPTEMBER 30, 2015 4 of 5 FUND NO FUND NAME AMOUNT C I T Y O F L A K E E L S I N O R E POOLED CASH AND INVESTMENTS BY FUND AS OF SEPTEMBER 30, 2015 367 CFD 2005-3 Summerly Debt Service Fund 88,503 368 CFD 2006-2 Viscaya Debt Service Fund 100,933 369 CFD 2004-3 Area 1 Rosetta Canyon Debt Service Fund 87,245 371 CFD 2005-1 Serenity Debt Service Fund 105,570 372 CFD 2005-2 Alberhill Ranch Debt Service Fund 415,011 374 CFD 2005-4 Lakeview Villas Debt Service Fund 44,239 375 CFD 2006-4 Tract No. 30698 & 32129 Debt Service Fund 16,511 376 CFD 2006-3 La Strada Debt Service Fund 21,498 377 CFD 2006-6 Tessara Debt Service Fund 10,048 378 CFD 2006-8 Tract No. 31957 Debt Service Fund 46,098 382 CFD 2006-9 Trieste Debt Service Fund 31,562 384 CFD 2003-2 Area B Canyon Hills Debt Service Fund 266,795 385 CFD 2004-3 Area 2 Rosetta Canyon Debt Service Fund 361,045 386 CFD 2007-4 Mekenna Debt Service Fund 9,268 387 CFD 2007-5 Red Kite Debt Service Fund 59,374 388 CFD 2007-6 Holiday Inn Debt Service Fund 3,803 392 CFD 95-1 City Center Debt Service Fund 24,188 393 AD 93-1 Debt Service Fund 12,895 394 CFD 2005-5 (2012A) Wasson Canyon Debt Service Fund 212,063 510 Successor Agency RDA Area I 1,728,106 520 Successor Agency RDA Area II 4,299,173 530 Successor Agency RDA Area III 1,408,360 540 Successor Area RDA Diamond Stadium 1,835,156 604 Endowment Trust Fund 11,009 605 Public Improvement Trust Fund 781,533 606 Mobile Source Air Polution Reduction Fund 171,707 608 Trust Deposit & Pre Paid Expense Fund 1,632,963 617 Successor Agency Housing Fund 10,935,593 620 Cost Recovery System Fund 1,269,867 631 Lake Destratification Equipment Replacement Fund 178,056 723 LEPFA 2008 Series A 3,576 731 LEPFA 2011 Series B 2,706 734 LEPFA 2013 Series C 408,367 780 LEPFA General 93,231 Total Pooled Cash & Investments 56,973,130$ DIVERSIFICATION MAXIMUM TYPES OF SECURITIES PERCENTAGE PERCENTAGE U.S. Treasury Bills 0.00%UNLIMITED U.S. Treasury Bond / Note 29.76%UNLIMITED Current Balance 15,459,964$ Municipal Bond / Note 0.67%UNLIMITED Current Balance 350,632$ Federal Agency Collaterized Mortgage Obligation 0.36%40.00% Current Balance 186,849$ Federal Agency Bond / Note 16.81%*UNLIMITED Current Balance 8,731,733$ Banker's Acceptance 0.00%40.00% Certificates of Deposit 6.16%25.00% Current Balance 3,200,000$ Negotiable Certificates of Deposit 0.00%30.00% Commercial Paper 0.00%15.00% Corporate Note 22.06%30.00% Current Balance 11,458,762$ Repurchase Agreements 0.00%UNLIMITED Reverse Repurchase Agreements 0.00%20.00% LAIF (Local Agency Investment Fund)23.59%UNLIMITED Current Balance 12,253,347$ CAMP - Pooled Sweep Account 0.59%UNLIMITED Current Balance 307,196$ TOTAL 100.00%51,948,485$ Note: Local agencies are only eligible to purchase medium term corporate notes that have a rating of "A" or better by both Moody's Investors Service, Inc., and Standard and Poor's Corporation (S & P). If a security falls below "A" by both rating agencies, then PFM Asset Management LLC will evaluate the need to sell the security prior to maturity. The CAMP Portfolio Summary and Statistics shows the credit quality held by the City's investments. *No more than 40% in any one federal agency. See CAMP Portfolio Statement for listing of agencies. *Totals include the Housing and Successor Agency CAMP Portfolios. FOR THE MONTH ENDING SEPTEMBER 30, 2015 SUMMARY OF POLICY LIMITATIONS C I T Y O F L A K E E L S I N O R E City Funds C AMP Account For the Month Ending September 30, 2015Account Statement - Transaction Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Opening Market Value Purchases Redemptions Change in Value Closing Market Value 136,305.94 1,427,730.20 (1,432,294.28) 0.00 $131,741.86 CAMP Pool Unsettled Trades 0.00 10.25 Cash Dividends and Income Opening Market Value Purchases Redemptions Change in Value Closing Market Value 29,281,761.97 1,425,497.02 (1,378,785.25) 115,869.53 $29,444,343.27 CAMP Managed Account Unsettled Trades 0.00 45,582.34 Cash Dividends and Income September 30, 2015August 31, 2015 Asset Summary CAMP Pool 131,741.86 136,305.94 CAMP Managed Account 29,444,343.27 29,281,761.97 $29,576,085.13 $29,418,067.91 Total Asset Allocation 0.45% CAMP Pool 99.55% CAMP Managed Account Page 1 For the Month Ending September 30, 2015Managed Account Summary Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dividend Closing Market Value Redemptions Purchases Opening Market Value Closing Market Value Change in Current Value Unsettled Trades Principal Acquisitions Principal Dispositions Maturities/Calls Opening Market Value Closing Market Value Opening Market Value Account Total Total Cash Basis Earnings Plus Net Realized Gains/Losses Less Purchased Interest Related to Interest/Coupons Interest/Dividends/Coupons Received Earnings Reconciliation (Cash Basis) - Managed Account Dividends Less Beginning Accrued Interest Less Beginning Amortized Value of Securities Less Cost of New Purchases Plus Coupons/Dividends Received Plus Proceeds of Maturities/Calls/Principal Payments Plus Proceeds from Sales Ending Accrued Interest Ending Amortized Value of Securities Earnings Reconciliation (Accrual Basis) Reconciling Transactions Net Cash Contribution Security Purchases Principal Payments Coupon/Interest/Dividend Income Sale Proceeds Maturities/Calls Cash Transactions Summary- Managed Account $136,305.94 1,427,730.20 (1,432,294.28) $131,741.86 10.25 $29,281,761.97 0.00 (1,378,785.25) 1,425,497.02 0.00 115,869.53 $29,444,343.27 $29,418,067.91 $29,576,085.13 47,778.45 (3,228.36) 1,032.25 $45,582.34 0.00 1,380,810.62 45,753.08 0.00 (1,428,725.38) 2,161.68 0.00 Managed Account Total 29,284,766.52 29,416,508.38 93,929.21 1,380,810.62 0.00 45,753.08 (1,428,725.38) (29,238,420.54) (104,879.62) 0.00 93,929.21 2,813,104.90 0.00 45,753.08 (2,856,455.58) (29,374,726.48) (104,879.62) 10.25 Total Accrual Basis Earnings $33,233.89 $33,244.14 Transaction Summary - Managed AccountTransaction Summary - Money Market ___________________________________________________________________________________________________________________________________________________ Cash Balance $0.00 Closing Cash Balance Page 2 For the Month Ending September 30, 2015Portfolio Summary and Statistics CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Account Summary Percent Par ValueMarket ValueDescription U.S. Treasury Bond / Note 10,905,000.00 10,995,402.88 37.17 Municipal Bond / Note 290,000.00 293,729.95 0.99 Federal Agency Collateralized Mortgage Obligation 135,000.00 136,133.06 0.46 Federal Agency Bond / Note 6,530,000.00 6,567,838.69 22.21 Corporate Note 8,550,000.00 8,652,860.74 29.26 Certificate of Deposit 2,800,000.00 2,798,377.95 9.46 Managed Account Sub-Total 29,210,000.0029,444,343.27 99.55% Accrued Interest 93,929.21 Total Portfolio 29,210,000.0029,538,272.48 CAMP Pool 131,741.86 131,741.86 0.45 Total Investments 29,341,741.8629,670,014.34 100.00% Unsettled Trades 0.00 0.00 Sector Allocation 9.46% Cert of Deposit 29.26% Corporate Note 0.46% Fed Agency CMO 22.21% Fed Agy Bond / Note 0.45% Mny Mkt Fund 0.99% Muni Bond / Note 37.17% US TSY Bond / Note 0 - 6 Months 6 - 12 Months 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years Over 5 Years 0.44% 4.15% 37.12% 22.09% 17.03% 19.17% 0.00% Maturity Distribution Characteristics Yield to Maturity at Cost Yield to Maturity at Market Duration to Worst Weighted Average Days to Maturity 2.50 942 1.28% 1.06% Page 3 For the Month Ending September 30, 2015Managed Account Issuer Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Credit Quality (S&P Ratings) 7.74% A 5.86% A+ 0.68% A- 3.88% A-1 1.52% A-1+ 8.86% AA 61.86% AA+ 8.63% AA- 0.52% AAA 0.45% AAAm Issuer Summary Percentof HoldingsIssuer Market Value 326,310.08 1.10 3M COMPANY 200,553.80 0.68 AMERICAN EXPRESS CO 579,013.50 1.96 AMERICAN HONDA FINANCE 308,552.30 1.04 APPLE INC 756,759.15 2.56 BERKSHIRE HATHAWAY INC 131,741.86 0.45 CAMP Pool 574,315.75 1.94 CANADIAN IMPERIAL BANK OF COMMERCE 320,630.40 1.08 CATERPILLAR INC 767,111.80 2.59 CHEVRON CORP 577,148.37 1.95 CISCO SYSTEMS INC 434,761.19 1.47 DEERE & COMPANY 3,982,042.81 13.46 FANNIE MAE 775,590.55 2.62 FEDERAL HOME LOAN BANKS 1,946,338.39 6.58 FREDDIE MAC 286,096.25 0.97 GENERAL ELECTRIC CO 700,073.95 2.37 HSBC HOLDINGS PLC 250,168.25 0.85 IBM CORP 579,920.85 1.96 JP MORGAN CHASE & CO 154,717.28 0.52 MICROSOFT CORP 573,781.00 1.94 NORDEA BANK AB 573,953.50 1.94 RABOBANK NEDERLAND 166,118.70 0.56 STATE OF CONNECTICUT 703,470.60 2.38 THE WALT DISNEY CORPORATION 625,818.75 2.12 TORONTO-DOMINION BANK 200,434.00 0.68 TOYOTA MOTOR CORP 10,995,402.88 37.18 UNITED STATES TREASURY 127,611.25 0.43 UNIVERSITY OF CALIFORNIA 706,262.90 2.39 US BANCORP 802,488.86 2.71 WAL-MART STORES INC 448,896.16 1.52 WELLS FARGO & COMPANY $29,576,085.13 Total 100.00% Page 4 For the Month Ending September 30, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par U.S. Treasury Bond / Note US TREASURY NOTES DTD 01/03/2012 0.875% 12/31/2016 502,506.50 499,769.02 1,105.64 499,101.56 01/26/1201/23/12AaaAA+ 500,000.00 912828RX0 0.91 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 654,739.80 652,585.13 17.76 655,281.25 03/03/1402/27/14AaaAA+ 650,000.00 912828SM3 0.73 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 1,309,479.60 1,301,492.57 35.52 1,302,996.09 03/21/1403/19/14AaaAA+ 1,300,000.00 912828SM3 0.92 US TREASURY NOTES DTD 11/30/2012 0.625% 11/30/2017 798,541.60 790,580.87 1,680.33 784,625.00 05/09/1405/06/14AaaAA+ 800,000.00 912828UA6 1.18 US TREASURY NOTES DTD 04/30/2013 0.625% 04/30/2018 348,204.50 348,325.96 915.42 346,814.45 05/15/1305/10/13AaaAA+ 350,000.00 912828UZ1 0.81 US TREASURY NOTES DTD 07/31/2013 1.375% 07/31/2018 886,723.25 886,072.69 2,027.00 888,603.52 02/04/1502/02/15AaaAA+ 875,000.00 912828VQ0 0.92 US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 574,571.97 567,167.05 2,394.47 566,014.45 06/03/1406/02/14AaaAA+ 570,000.00 912828A34 1.41 US TREASURY NOTES DTD 01/31/2014 1.500% 01/31/2019 482,137.35 473,350.34 1,200.41 472,791.99 07/31/1407/29/14AaaAA+ 475,000.00 912828B33 1.61 US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 162,933.28 160,135.52 7.10 160,175.00 09/04/1409/02/14AaaAA+ 160,000.00 912828C65 1.60 US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 585,541.48 575,706.70 25.53 575,898.44 10/06/1410/02/14AaaAA+ 575,000.00 912828C65 1.59 US TREASURY NOTES DTD 05/15/2009 3.125% 05/15/2019 535,495.00 528,504.33 5,901.83 535,429.69 11/03/1410/30/14AaaAA+ 500,000.00 912828KQ2 1.50 US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 297,601.50 296,460.35 8.20 296,097.66 04/30/1504/28/15AaaAA+ 300,000.00 912828TR1 1.30 US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 992,005.00 983,700.91 27.32 981,367.18 02/27/1502/26/15AaaAA+ 1,000,000.00 912828TR1 1.42 US TREASURY NOTES DTD 09/30/2014 1.750% 09/30/2019 1,276,497.50 1,267,238.69 59.77 1,269,384.77 03/27/1503/26/15AaaAA+ 1,250,000.00 912828F39 1.39 Page 5 For the Month Ending September 30, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par U.S. Treasury Bond / Note US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 1,039,527.30 1,031,230.65 3,528.69 1,029,738.28 05/29/1505/28/15AaaAA+ 1,050,000.00 912828UB4 1.44 US TREASURY NOTES DTD 02/28/2013 1.250% 02/29/2020 548,897.25 544,908.40 585.51 544,822.27 09/03/1509/02/15AaaAA+ 550,000.00 912828UQ1 1.47 19,520.50 10,995,402.88 10,907,229.18 1.24 10,909,141.60 10,905,000.00 Security Type Sub-Total Municipal Bond / Note UNIV OF CAL TXBL REV BONDS DTD 04/10/2014 1.904% 05/15/2018 127,611.25 125,000.00 899.11 125,000.00 04/10/1404/04/14Aa2AA 125,000.00 91412GUV5 1.90 CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 166,118.70 165,404.92 144.76 165,463.65 03/25/1503/16/15Aa3AA 165,000.00 20772JZK1 1.90 1,043.87 293,729.95 290,404.92 1.90 290,463.65 290,000.00 Security Type Sub-Total Federal Agency Collateralized Mortgage Obligation FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 136,133.06 136,125.64 174.38 136,349.51 04/30/1504/15/15AaaAA+ 135,000.00 3136ANJY4 0.83 174.38 136,133.06 136,125.64 0.83 136,349.51 135,000.00 Security Type Sub-Total Federal Agency Bond / Note FHLB NOTES DTD 08/07/2014 0.500% 09/28/2016 775,590.55 774,189.51 32.29 773,256.25 08/07/1408/06/14AaaAA+ 775,000.00 3130A2T97 0.61 FHLMC NOTES DTD 08/16/2013 0.875% 10/14/2016 602,571.00 600,628.33 2,435.42 601,824.00 10/03/1310/01/13AaaAA+ 600,000.00 3137EADS5 0.77 FREDDIE MAC GLOBAL NOTES DTD 05/14/2012 1.000% 06/29/2017 483,274.56 480,342.86 1,226.67 480,561.60 08/13/1408/11/14AaaAA+ 480,000.00 3137EADH9 0.96 FANNIE MAE GLOBAL NOTES DTD 07/20/2012 0.875% 08/28/2017 801,108.80 800,772.02 641.67 801,984.00 09/10/1209/06/12AaaAA+ 800,000.00 3135G0MZ3 0.82 FREDDIE MAC GLOBAL NOTES DTD 08/10/2012 1.000% 09/29/2017 477,874.70 477,052.15 26.39 480,068.25 10/05/1210/04/12AaaAA+ 475,000.00 3137EADL0 0.78 Page 6 For the Month Ending September 30, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par Federal Agency Bond / Note FANNIE MAE GLOBAL NOTES DTD 09/24/2012 0.875% 10/26/2017 1,002,999.00 995,856.37 3,767.36 992,270.00 12/03/1311/27/13AaaAA+ 1,000,000.00 3135G0PQ0 1.08 FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 399,759.60 396,739.83 1,263.89 393,940.00 05/31/1305/24/13AaaAA+ 400,000.00 3135G0WJ8 1.19 FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 649,609.35 647,060.97 2,053.82 644,507.50 05/24/1305/22/13AaaAA+ 650,000.00 3135G0WJ8 1.05 FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 356,258.00 350,008.42 1,959.03 350,010.50 06/19/1406/16/14AaaAA+ 350,000.00 3135G0YT4 1.62 FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 636,175.00 629,607.04 3,498.26 630,937.50 10/23/1410/22/14AaaAA+ 625,000.00 3135G0YT4 1.39 FREDDIE MAC NOTES DTD 04/16/2012 1.750% 05/30/2019 382,618.13 378,495.87 2,205.73 379,260.00 12/03/1412/01/14AaaAA+ 375,000.00 3137EADG1 1.49 19,110.53 6,567,838.69 6,530,753.37 1.02 6,528,619.60 6,530,000.00 Security Type Sub-Total Corporate Note WALT DISNEY CO CORPORATE NOTE DTD 02/14/2012 1.125% 02/15/2017 703,470.60 699,249.87 1,006.25 697,494.00 06/14/1206/11/12A2A 700,000.00 25468PCS3 1.20 WAL-MART STORES INC SR NOTES DTD 04/05/2007 5.375% 04/05/2017 502,720.46 495,550.64 12,350.56 551,822.30 04/11/1204/05/12Aa2AA 470,000.00 931142CG6 1.72 BERKSHIRE HATHAWAY FIN GLOBAL NOTES DTD 05/15/2012 1.600% 05/15/2017 353,511.55 351,899.41 2,115.56 354,987.50 01/15/1301/08/13Aa2AA 350,000.00 084664BS9 1.26 US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 706,262.90 700,000.00 4,363.33 714,952.00 07/30/1207/25/12A1A+ 700,000.00 91159HHD5 1.19 JOHN DEERE CAPITAL CORP NOTES DTD 06/12/2014 1.125% 06/12/2017 434,761.19 434,883.50 1,481.72 434,795.55 06/12/1406/09/14A2A 435,000.00 24422ESN0 1.14 HSBC USA INC DTD 06/23/2014 1.300% 06/23/2017 249,565.00 249,779.33 884.72 249,620.00 06/23/1406/16/14A2A 250,000.00 40434CAA3 1.35 Page 7 For the Month Ending September 30, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par Corporate Note 3M COMPANY GLOBAL NOTES DTD 06/26/2012 1.000% 06/26/2017 326,310.08 324,470.58 857.64 323,501.75 06/26/1206/21/12Aa3AA- 325,000.00 88579YAE1 1.10 CATERPILLAR FINANCIAL SE DTD 08/20/2014 1.250% 08/18/2017 320,630.40 319,898.78 477.78 319,840.00 08/20/1408/13/14A2A 320,000.00 14912L6D8 1.27 AMERICAN EXPRESS CREDIT CORP NOTES DTD 09/23/2014 1.550% 09/22/2017 200,553.80 199,821.96 77.50 199,732.00 09/23/1409/18/14A2A- 200,000.00 0258M0DR7 1.60 CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 149,398.80 150,000.00 533.60 150,000.00 12/05/1211/28/12Aa1AA 150,000.00 166764AA8 1.10 CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 174,298.60 175,409.07 622.53 175,946.75 12/05/1211/29/12Aa1AA 175,000.00 166764AA8 0.99 IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 250,168.25 249,451.73 460.07 248,855.00 02/08/1302/05/13Aa3AA- 250,000.00 459200HK0 1.35 BERKSHIRE HATHAWAY GLOBAL NOTE DTD 02/11/2013 1.550% 02/09/2018 403,247.60 399,732.31 895.56 399,444.00 02/11/1301/29/13Aa2AA 400,000.00 084670BH0 1.58 WAL-MART STORES INC GLOBAL NOTES DTD 04/11/2013 1.125% 04/11/2018 299,768.40 299,858.51 1,593.75 299,724.00 04/11/1304/04/13Aa2AA 300,000.00 931142DF7 1.14 MICROSOFT CORP GLOBAL NOTES DTD 05/02/2013 1.000% 05/01/2018 154,717.28 154,948.90 645.83 154,902.35 05/02/1304/25/13AaaAAA 155,000.00 594918AS3 1.01 APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 308,552.30 309,400.10 1,274.44 308,856.10 05/03/1304/30/13Aa1AA+ 310,000.00 037833AJ9 1.08 CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 443,414.40 440,000.00 2,036.78 440,000.00 06/24/1306/17/13Aa1AA 440,000.00 166764AE0 1.72 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 273,386.07 271,970.82 478.13 272,565.00 09/04/1408/29/14A1AA- 270,000.00 17275RAR3 1.90 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 303,762.30 302,758.18 531.25 302,817.00 09/04/1509/01/15A1AA- 300,000.00 17275RAR3 1.85 AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 579,013.50 574,151.83 1,653.13 573,936.25 09/09/1409/04/14A1A+ 575,000.00 02665WAH4 2.29 Page 8 For the Month Ending September 30, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par Corporate Note GENERAL ELECTRIC CAP CORP NOTES DTD 01/08/2010 5.500% 01/08/2020 286,096.25 285,047.82 3,170.14 289,082.50 03/25/1503/20/15A1AA+ 250,000.00 36962G4J0 2.05 WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 74,816.03 75,259.65 273.23 75,288.00 03/27/1503/24/15A2A+ 75,000.00 94974BGF1 2.07 WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 374,080.13 377,291.11 1,366.15 377,621.25 02/05/1502/02/15A2A+ 375,000.00 94974BGF1 2.00 TOYOTA MOTOR CORP NOTES DTD 03/12/2015 2.150% 03/12/2020 200,434.00 201,601.41 226.94 201,776.00 03/27/1503/23/15Aa3AA- 200,000.00 89236TCF0 1.96 JP MORGAN CHASE & CO CORP NT (CALLABLE) DTD 06/23/2015 2.750% 06/23/2020 579,920.85 577,817.90 4,304.51 577,857.75 09/04/1509/01/15A3A 575,000.00 46625HLW8 2.64 43,681.10 8,652,860.74 8,620,253.41 1.58 8,695,417.05 8,550,000.00 Security Type Sub-Total Certificate of Deposit HSBC BANK USA NA CD DTD 02/13/2015 0.880% 08/15/2016 450,508.95 450,000.00 495.00 450,000.00 02/13/1502/11/15P-1A-1+ 450,000.00 40428AC54 0.88 CANADIAN IMPERIAL BANK NY YCD DTD 04/10/2015 1.010% 04/06/2017 574,315.75 575,000.00 2,758.56 575,000.00 04/10/1504/06/15P-1A-1 575,000.00 13606JYY9 1.01 RABOBANK NEDERLAND NV CERT DEPOS DTD 04/27/2015 1.070% 04/21/2017 573,953.50 575,000.00 2,631.90 575,000.00 04/27/1504/22/15P-1A-1 575,000.00 21684BXH2 1.07 NORDEA BANK FINLAND NY CD DTD 05/29/2015 1.150% 05/26/2017 573,781.00 575,000.00 2,296.01 575,000.00 05/29/1505/27/15Aa3AA- 575,000.00 65558LFA5 1.15 TORONTO DOMINION BANK NY YCD DTD 06/19/2015 1.240% 06/16/2017 625,818.75 625,000.00 2,217.36 625,000.00 06/19/1506/16/15Aa1AA- 625,000.00 89113ESN7 1.25 10,398.83 2,798,377.95 2,800,000.00 1.08 2,800,000.00 2,800,000.00 Security Type Sub-Total 29,210,000.00 29,359,991.41 1.28 93,929.21 29,284,766.52 29,444,343.27 Managed Account Sub-Total Money Market Fund Page 9 For the Month Ending September 30, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par Money Market Fund CAMP Pool 131,741.86 131,741.86 0.00 131,741.86 NRAAAm 131,741.86 131,741.86 131,741.86 0.00 131,741.86 131,741.86 Money Market Sub-Total $29,341,741.86 $29,491,733.27 $93,929.21 $29,416,508.38 $29,576,085.13 1.28% $29,670,014.34 $93,929.21 Total Investments Accrued Interest Securities Sub-Total Page 10 For the Month Ending September 30, 2015Managed Account Fair Market Value & Analytics ValueOn CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/Description Next Call Market YTMEffective Duration U.S. Treasury Bond / Note 1.24 2,737.48 3,404.94 502,506.50 100.50 DEUTSCHE 500,000.00 912828RX0US TREASURY NOTES DTD 01/03/2012 0.875% 12/31/2016 0.47 1.24 1.49 2,154.67 (541.45) 654,739.80 100.73 MERRILL 650,000.00 912828SM3US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 0.51 1.49 1.49 7,987.03 6,483.51 1,309,479.60 100.73 MORGANST 1,300,000.00 912828SM3US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 0.51 1.49 2.14 7,960.73 13,916.60 798,541.60 99.82 MERRILL 800,000.00 912828UA6US TREASURY NOTES DTD 11/30/2012 0.625% 11/30/2017 0.71 2.14 2.55 (121.46) 1,390.05 348,204.50 99.49 CSFB 350,000.00 912828UZ1US TREASURY NOTES DTD 04/30/2013 0.625% 04/30/2018 0.83 2.55 2.77 650.56 (1,880.27) 886,723.25 101.34 BARCLAYS 875,000.00 912828VQ0US TREASURY NOTES DTD 07/31/2013 1.375% 07/31/2018 0.90 2.77 3.09 7,404.92 8,557.52 574,571.97 100.80 CITIGRP 570,000.00 912828A34US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 0.99 3.09 3.24 8,787.01 9,345.36 482,137.35 101.50 BARCLAYS 475,000.00 912828B33US TREASURY NOTES DTD 01/31/2014 1.500% 01/31/2019 1.04 3.24 3.40 2,797.76 2,758.28 162,933.28 101.83 CITIGRP 160,000.00 912828C65US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 1.09 3.40 3.40 9,834.78 9,643.04 585,541.48 101.83 MERRILL 575,000.00 912828C65US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 1.09 3.40 3.41 6,990.67 65.31 535,495.00 107.10 MERRILL 500,000.00 912828KQ2US TREASURY NOTES DTD 05/15/2009 3.125% 05/15/2019 1.12 3.41 3.91 1,141.15 1,503.84 297,601.50 99.20 MERRILL 300,000.00 912828TR1US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 1.21 3.91 3.91 8,304.09 10,637.82 992,005.00 99.20 JPMCHASE 1,000,000.00 912828TR1US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 1.21 3.91 3.86 9,258.81 7,112.73 1,276,497.50 102.12 JPMCHASE 1,250,000.00 912828F39US TREASURY NOTES DTD 09/30/2014 1.750% 09/30/2019 1.21 3.86 4.05 8,296.65 9,789.02 1,039,527.30 99.00 CITIGRP 1,050,000.00 912828UB4US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 1.25 4.05 4.28 3,988.85 4,074.98 548,897.25 99.80 MERRILL 550,000.00 912828UQ1US TREASURY NOTES DTD 02/28/2013 1.250% 02/29/2020 1.30 4.28 86,261.28 0.95 2.99 88,173.70 10,995,402.88 10,905,000.00 Security Type Sub-Total 2.99 Page 11 For the Month Ending September 30, 2015Managed Account Fair Market Value & Analytics ValueOn CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/Description Next Call Market YTMEffective Duration Municipal Bond / Note 2.54 2,611.25 2,611.25 127,611.25 102.09 GOLDMAN 125,000.00 91412GUV5UNIV OF CAL TXBL REV BONDS DTD 04/10/2014 1.904% 05/15/2018 1.09 2.54 3.33 713.78 655.05 166,118.70 100.68 VINING 165,000.00 20772JZK1CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 1.77 3.33 3,266.30 1.48 2.99 3,325.03 293,729.95 290,000.00 Security Type Sub-Total 2.99 Federal Agency Collateralized Mortgage Obligation 2.29 7.42 (216.45) 136,133.06 100.84 GOLDMAN 135,000.00 3136ANJY4FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 1.14 2.33 (216.45) 1.14 2.29 7.42 136,133.06 135,000.00 Security Type Sub-Total 2.33 Federal Agency Bond / Note 0.99 1,401.04 2,334.30 775,590.55 100.08 MORGANST 775,000.00 3130A2T97FHLB NOTES DTD 08/07/2014 0.500% 09/28/2016 0.42 0.99 1.03 1,942.67 747.00 602,571.00 100.43 NOMURA 600,000.00 3137EADS5FHLMC NOTES DTD 08/16/2013 0.875% 10/14/2016 0.46 1.03 1.73 2,931.70 2,712.96 483,274.56 100.68 BNP PARI 480,000.00 3137EADH9FREDDIE MAC GLOBAL NOTES DTD 05/14/2012 1.000% 06/29/2017 0.61 1.73 1.89 336.78 (875.20) 801,108.80 100.14 HSBC 800,000.00 3135G0MZ3FANNIE MAE GLOBAL NOTES DTD 07/20/2012 0.875% 08/28/2017 0.80 1.89 1.98 822.55 (2,193.55) 477,874.70 100.61 JEFFERIE 475,000.00 3137EADL0FREDDIE MAC GLOBAL NOTES DTD 08/10/2012 1.000% 09/29/2017 0.69 1.98 2.04 7,142.63 10,729.00 1,002,999.00 100.30 SOC GEN 1,000,000.00 3135G0PQ0FANNIE MAE GLOBAL NOTES DTD 09/24/2012 0.875% 10/26/2017 0.73 2.04 2.60 3,019.77 5,819.60 399,759.60 99.94 CSFB 400,000.00 3135G0WJ8FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 0.90 2.60 2.60 2,548.38 5,101.85 649,609.35 99.94 BNP PARI 650,000.00 3135G0WJ8FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 0.90 2.60 3.06 6,249.58 6,247.50 356,258.00 101.79 HSBC 350,000.00 3135G0YT4FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 1.05 3.06 3.06 6,567.96 5,237.50 636,175.00 101.79 GOLDMAN 625,000.00 3135G0YT4FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 1.05 3.06 Page 12 For the Month Ending September 30, 2015Managed Account Fair Market Value & Analytics ValueOn CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/Description Next Call Market YTMEffective Duration Federal Agency Bond / Note 3.53 4,122.26 3,358.13 382,618.13 102.03 TD SEC U 375,000.00 3137EADG1FREDDIE MAC NOTES DTD 04/16/2012 1.750% 05/30/2019 1.18 3.53 39,219.09 0.77 2.11 37,085.32 6,567,838.69 6,530,000.00 Security Type Sub-Total 2.11 Corporate Note 1.36 4,220.73 5,976.60 703,470.60 100.50 BARCLAYS 700,000.00 25468PCS3WALT DISNEY CO CORPORATE NOTE DTD 02/14/2012 1.125% 02/15/2017 0.76 1.36 1.44 7,169.82 (49,101.84) 502,720.46 106.96 GOLDMAN 470,000.00 931142CG6WAL-MART STORES INC SR NOTES DTD 04/05/2007 5.375% 04/05/2017 0.74 1.44 1.59 1,612.14 (1,475.95) 353,511.55 101.00 GOLDMAN 350,000.00 084664BS9BERKSHIRE HATHAWAY FIN GLOBAL NOTES DTD 05/15/2012 1.600% 05/15/2017 0.98 1.59 1.51 6,262.90 (8,689.10) 706,262.90 100.89 04/15/17BARCLAYS 700,000.00 91159HHD5US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 1.09 2.42 1.67 (122.31)(34.36) 434,761.19 99.95 HSBC 435,000.00 24422ESN0JOHN DEERE CAPITAL CORP NOTES DTD 06/12/2014 1.125% 06/12/2017 1.16 1.67 1.70 (214.33)(55.00) 249,565.00 99.83 HSBC 250,000.00 40434CAA3HSBC USA INC DTD 06/23/2014 1.300% 06/23/2017 1.40 1.70 1.72 1,839.50 2,808.33 326,310.08 100.40 MORGANST 325,000.00 88579YAE13M COMPANY GLOBAL NOTES DTD 06/26/2012 1.000% 06/26/2017 0.77 1.72 1.85 731.62 790.40 320,630.40 100.20 CITIGRP 320,000.00 14912L6D8CATERPILLAR FINANCIAL SE DTD 08/20/2014 1.250% 08/18/2017 1.14 1.85 1.94 731.84 821.80 200,553.80 100.28 DEUTSCHE 200,000.00 0258M0DR7AMERICAN EXPRESS CREDIT CORP NOTES DTD 09/23/2014 1.550% 09/22/2017 1.41 1.94 2.14 (601.20)(601.20) 149,398.80 99.60 11/05/17MORGANST 150,000.00 166764AA8CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 1.29 2.20 2.14 (1,110.47)(1,648.15) 174,298.60 99.60 11/05/17BARCLAYS 175,000.00 166764AA8CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 1.29 2.20 2.31 716.52 1,313.25 250,168.25 100.07 HSBC 250,000.00 459200HK0IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 1.22 2.31 Page 13 For the Month Ending September 30, 2015Managed Account Fair Market Value & Analytics ValueOn CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/Description Next Call Market YTMEffective Duration Corporate Note 2.31 3,515.29 3,803.60 403,247.60 100.81 GOLDMAN 400,000.00 084670BH0BERKSHIRE HATHAWAY GLOBAL NOTE DTD 02/11/2013 1.550% 02/09/2018 1.20 2.31 2.47 (90.11) 44.40 299,768.40 99.92 MORGANST 300,000.00 931142DF7WAL-MART STORES INC GLOBAL NOTES DTD 04/11/2013 1.125% 04/11/2018 1.16 2.47 2.54 (231.62)(185.07) 154,717.28 99.82 MERRILL 155,000.00 594918AS3MICROSOFT CORP GLOBAL NOTES DTD 05/02/2013 1.000% 05/01/2018 1.07 2.54 2.54 (847.80)(303.80) 308,552.30 99.53 GOLDMAN 310,000.00 037833AJ9APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 1.18 2.54 2.65 3,414.40 3,414.40 443,414.40 100.78 BARCLAYS 440,000.00 166764AE0CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 1.43 2.65 3.28 1,415.25 821.07 273,386.07 101.25 BONY 270,000.00 17275RAR3CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 1.75 3.28 3.28 1,004.12 945.30 303,762.30 101.25 BNP PARI 300,000.00 17275RAR3CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 1.75 3.28 3.69 4,861.67 5,077.25 579,013.50 100.70 MERRILL 575,000.00 02665WAH4AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 2.06 3.69 3.82 1,048.43 (2,986.25) 286,096.25 114.44 GOLDMAN 250,000.00 36962G4J0GENERAL ELECTRIC CAP CORP NOTES DTD 01/08/2010 5.500% 01/08/2020 1.96 3.82 4.10 (443.62)(471.97) 74,816.03 99.75 1ST TENN 75,000.00 94974BGF1WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 2.21 4.10 4.10 (3,210.98)(3,541.12) 374,080.13 99.75 JEFFERIE 375,000.00 94974BGF1WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 2.21 4.10 4.22 (1,167.41)(1,342.00) 200,434.00 100.22 HSBC 200,000.00 89236TCF0TOYOTA MOTOR CORP NOTES DTD 03/12/2015 2.150% 03/12/2020 2.10 4.22 4.31 2,102.95 2,063.10 579,920.85 100.86 05/23/20JPMCHASE 575,000.00 46625HLW8JP MORGAN CHASE & CO CORP NT (CALLABLE) DTD 06/23/2015 2.750% 06/23/2020 2.56 4.31 (42,556.31) 1.40 2.50 32,607.33 8,652,860.74 8,550,000.00 Security Type Sub-Total 2.57 Certificate of Deposit 0.87 508.95 508.95 450,508.95 100.11 HSBC 450,000.00 40428AC54HSBC BANK USA NA CD DTD 02/13/2015 0.880% 08/15/2016 0.75 0.87 Page 14 For the Month Ending September 30, 2015Managed Account Fair Market Value & Analytics ValueOn CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/Description Next Call Market YTMEffective Duration Certificate of Deposit 1.51 (684.25)(684.25) 574,315.75 99.88 GOLDMAN 575,000.00 13606JYY9CANADIAN IMPERIAL BANK NY YCD DTD 04/10/2015 1.010% 04/06/2017 1.08 1.51 1.55 (1,046.50)(1,046.50) 573,953.50 99.82 GOLDMAN 575,000.00 21684BXH2RABOBANK NEDERLAND NV CERT DEPOS DTD 04/27/2015 1.070% 04/21/2017 1.18 1.55 1.65 (1,219.00)(1,219.00) 573,781.00 99.79 MERRILL 575,000.00 65558LFA5NORDEA BANK FINLAND NY CD DTD 05/29/2015 1.150% 05/26/2017 1.04 1.65 1.70 818.75 818.75 625,818.75 100.13 TD SEC U 625,000.00 89113ESN7TORONTO DOMINION BANK NY YCD DTD 06/19/2015 1.240% 06/16/2017 1.16 1.70 (1,622.05) 1.06 1.49 (1,622.05) 2,798,377.95 2,800,000.00 Security Type Sub-Total 1.49 29,210,000.00 29,444,343.27 84,351.86 159,576.75 2.50 1.06 Managed Account Sub-Total 2.52 Money Market Fund 0.00 0.00 0.00 131,741.86 1.00 131,741.86 CAMP Pool 0.00 131,741.86 131,741.86 0.00 0.00 0.00 Money Market Sub-Total 0.00 Total Investments $29,670,014.34 $93,929.21 $29,576,085.13 Accrued Interest Securities Sub-Total $29,341,741.86 $84,351.86 $159,576.75 2.50 1.06% 2.52 Page 15 For the Month Ending September 30, 2015Managed Account Security Transactions & Interest CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Transaction Type Trade CUSIPSecurity DescriptionSettle Par Proceeds Principal Accrued Interest Total Cost Realized G/LRealized G/L Sale Amort Cost Method BUY 09/04/15 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 17275RAR3 (302,817.00)(53.12)(302,870.12) 300,000.00 09/01/15 09/04/15 JP MORGAN CHASE & CO CORP NT (CALLABLE) DTD 06/23/2015 2.750% 06/23/2020 46625HLW8 (577,857.75)(3,118.58)(580,976.33) 575,000.00 09/01/15 09/03/15 US TREASURY NOTES DTD 02/28/2013 1.250% 02/29/2020 912828UQ1 (544,822.27)(56.66)(544,878.93) 550,000.00 09/02/15 (3,228.36)(1,428,725.38)(1,425,497.02) 1,425,000.00 Transaction Type Sub-Total INTEREST 09/01/15 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 17275RAR3 0.00 2,868.75 2,868.75 270,000.00 09/01/15 09/25/15 FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 3136ANJY4 0.00 174.38 174.38 135,000.00 09/01/15 09/12/15 TOYOTA MOTOR CORP NOTES DTD 03/12/2015 2.150% 03/12/2020 89236TCF0 0.00 2,150.00 2,150.00 200,000.00 09/12/15 09/15/15 CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 20772JZK1 0.00 1,538.08 1,538.08 165,000.00 09/15/15 09/22/15 AMERICAN EXPRESS CREDIT CORP NOTES DTD 09/23/2014 1.550% 09/22/2017 0258M0DR7 0.00 1,550.00 1,550.00 200,000.00 09/22/15 09/28/15 FHLB NOTES DTD 08/07/2014 0.500% 09/28/2016 3130A2T97 0.00 1,937.50 1,937.50 775,000.00 09/28/15 09/29/15 FREDDIE MAC GLOBAL NOTES DTD 08/10/2012 1.000% 09/29/2017 3137EADL0 0.00 2,375.00 2,375.00 475,000.00 09/29/15 09/30/15 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 912828SM3 0.00 6,500.00 6,500.00 1,300,000.00 09/30/15 09/30/15 US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 912828C65 0.00 1,300.00 1,300.00 160,000.00 09/30/15 09/30/15 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 912828SM3 0.00 3,250.00 3,250.00 650,000.00 09/30/15 09/30/15 US TREASURY NOTES DTD 09/30/2014 1.750% 09/30/2019 912828F39 0.00 10,937.50 10,937.50 1,250,000.00 09/30/15 Page 16 For the Month Ending September 30, 2015Managed Account Security Transactions & Interest CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Transaction Type Trade CUSIPSecurity DescriptionSettle Par Proceeds Principal Accrued Interest Total Cost Realized G/LRealized G/L Sale Amort Cost Method INTEREST 09/30/15 US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 912828TR1 0.00 1,500.00 1,500.00 300,000.00 09/30/15 09/30/15 US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 912828TR1 0.00 5,000.00 5,000.00 1,000,000.00 09/30/15 09/30/15 US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 912828C65 0.00 4,671.87 4,671.87 575,000.00 09/30/15 45,753.08 45,753.08 0.00 7,455,000.00 Transaction Type Sub-Total SELL 09/04/15 PEPSICO INC GLOBAL NOTES DTD 02/28/2013 0.700% 02/26/2016 713448CE6 250,295.00 38.89 250,333.89 382.50 309.12 SPEC LOT 250,000.00 09/01/15 09/04/15 JPMORGAN CHASE & CO GLOBAL NOTES DTD 02/26/2013 1.125% 02/26/2016 46623EJU4 700,959.00 175.00 701,134.00 1,806.00 1,095.86 SPEC LOT 700,000.00 09/01/15 09/03/15 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 912828SM3 25,156.25 106.56 25,262.81 (46.87) 51.78 SPEC LOT 25,000.00 09/02/15 09/03/15 US TREASURY NOTES DTD 09/30/2011 1.000% 09/30/2016 912828RJ1 402,375.00 1,704.92 404,079.92 (1,109.38) 551.34 SPEC LOT 400,000.00 09/02/15 2,025.37 2,008.10 1,032.25 1,380,810.62 1,378,785.25 1,375,000.00 Transaction Type Sub-Total (46,711.77) 44,550.09 (2,161.68) 1,032.25 2,008.10 Managed Account Sub-Total Total Security Transactions $1,032.25 ($2,161.68)$44,550.09 ($46,711.77)$2,008.10 Page 17 For the Month Ending September 30, 2015Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Total Settlement Dollar AmountShare or Trade Shares OwnedDateTransaction Description of TransactionUnit PriceDate CAMP Pool 136,305.94 Opening Balance 09/01/1509/01/15Purchase - Individual Portfolio Interest 1.00 2,868.75 139,174.69 09/03/1509/03/15Purchase - Individual Portfolio Interest 1.00 1,704.92 140,879.61 09/03/1509/03/15Purchase - Individual Portfolio Interest 1.00 106.56 140,986.17 09/03/1509/03/15Purchase - Individual Portfolio Sell 1.00 403,484.38 544,470.55 09/03/1509/03/15Purchase - Individual Portfolio Sell 1.00 25,203.12 569,673.67 09/03/1509/03/15Redemption - Individual Portfolio Buy 1.00 (544,878.93) 24,794.74 09/03/1509/03/15Redemption - Individual Portfolio Loss on Cost 1.00 (46.87) 24,747.87 09/03/1509/03/15Redemption - Individual Portfolio Loss on Cost 1.00 (1,109.38) 23,638.49 09/04/1509/04/15Purchase - Individual Portfolio Interest 1.00 38.89 23,677.38 09/04/1509/04/15Purchase - Individual Portfolio Interest 1.00 175.00 23,852.38 09/04/1509/04/15Purchase - Individual Portfolio Sell 1.00 249,912.50 273,764.88 09/04/1509/04/15Purchase - Individual Portfolio Sell 1.00 699,153.00 972,917.88 09/04/1509/04/15Purchase - Individual Portfolio Gain on Cost 1.00 382.50 973,300.38 09/04/1509/04/15Purchase - Individual Portfolio Gain on Cost 1.00 1,806.00 975,106.38 09/04/1509/04/15Redemption - Individual Portfolio Buy 1.00 (302,870.12) 672,236.26 09/04/1509/04/15Redemption - Individual Portfolio Buy 1.00 (580,976.33) 91,259.93 09/14/1509/14/15Purchase - Individual Portfolio Interest 1.00 2,150.00 93,409.93 09/15/1509/15/15Purchase - Individual Portfolio Interest 1.00 1,538.08 94,948.01 09/22/1509/22/15Purchase - Individual Portfolio Interest 1.00 1,550.00 96,498.01 09/25/1509/25/15Purchase - Individual Portfolio Interest 1.00 174.38 96,672.39 09/25/1509/25/15IP Fees August 2015 1.00 (2,309.57) 94,362.82 Page 18 For the Month Ending September 30, 2015Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Total Settlement Dollar AmountShare or Trade Shares OwnedDateTransaction Description of TransactionUnit PriceDate CAMP Pool 09/25/1509/25/15U.S. Bank Fees July 2015 1.00 (103.08) 94,259.74 09/28/1509/28/15Purchase - Individual Portfolio Interest 1.00 1,937.50 96,197.24 09/29/1509/29/15Purchase - Individual Portfolio Interest 1.00 2,375.00 98,572.24 09/30/1509/30/15Purchase - Individual Portfolio Interest 1.00 1,300.00 99,872.24 09/30/1509/30/15Purchase - Individual Portfolio Interest 1.00 5,000.00 104,872.24 09/30/1509/30/15Purchase - Individual Portfolio Interest 1.00 10,937.50 115,809.74 09/30/1509/30/15Purchase - Individual Portfolio Interest 1.00 1,500.00 117,309.74 09/30/1509/30/15Purchase - Individual Portfolio Interest 1.00 3,250.00 120,559.74 09/30/1509/30/15Purchase - Individual Portfolio Interest 1.00 6,500.00 127,059.74 09/30/1509/30/15Purchase - Individual Portfolio Interest 1.00 4,671.87 131,731.61 09/30/1510/01/15Accrual Income Div Reinvestment - Distributions 1.00 10.25 131,741.86 Page 19 For the Month Ending September 30, 2015Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Total Settlement Dollar AmountShare or Trade Shares OwnedDateTransaction Description of TransactionUnit PriceDate 131,741.86 131,741.86 131,741.86 95,713.93 61.20 0.00 (10,782,011.49) 10,805,813.63 107,939.72 10.25 131,741.86 0.00 (1,432,294.28) 1,427,730.20 136,305.94 Monthly Distribution Yield Average Monthly Balance Closing Balance Fiscal YTDMonth of Cash Dividends and Income Closing Balance Check Disbursements Redemptions (Excl. Checks) Purchases Opening Balance Closing Balance SeptemberJanuary-September 0.13% Page 20 Housing Funds C AMP Account For the Month Ending September 30, 2015Account Statement - Transaction Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Opening Market Value Purchases Redemptions Change in Value Closing Market Value 32,945.89 190,348.71 (151,927.12) 0.00 $71,367.48 CAMP Pool Unsettled Trades 0.00 6.36 Cash Dividends and Income Opening Market Value Purchases Redemptions Change in Value Closing Market Value 4,966,175.04 150,966.50 (180,284.00) 18,527.57 $4,955,385.11 CAMP Managed Account Unsettled Trades 0.00 9,964.94 Cash Dividends and Income September 30, 2015August 31, 2015 Asset Summary CAMP Pool 71,367.48 32,945.89 CAMP Managed Account 4,955,385.11 4,966,175.04 $5,026,752.59 $4,999,120.93 Total Asset Allocation 1.42% CAMP Pool 98.58% CAMP Managed Account Page 1 For the Month Ending September 30, 2015Managed Account Summary Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Dividend Closing Market Value Redemptions Purchases Opening Market Value Closing Market Value Change in Current Value Unsettled Trades Principal Acquisitions Principal Dispositions Maturities/Calls Opening Market Value Closing Market Value Opening Market Value Account Total Total Cash Basis Earnings Plus Net Realized Gains/Losses Less Purchased Interest Related to Interest/Coupons Interest/Dividends/Coupons Received Earnings Reconciliation (Cash Basis) - Managed Account Dividends Less Beginning Accrued Interest Less Beginning Amortized Value of Securities Less Cost of New Purchases Plus Coupons/Dividends Received Plus Proceeds of Maturities/Calls/Principal Payments Plus Proceeds from Sales Ending Accrued Interest Ending Amortized Value of Securities Earnings Reconciliation (Accrual Basis) Reconciling Transactions Net Cash Contribution Security Purchases Principal Payments Coupon/Interest/Dividend Income Sale Proceeds Maturities/Calls Cash Transactions Summary- Managed Account $32,945.89 190,348.71 (151,927.12) $71,367.48 6.36 $4,966,175.04 0.00 (180,284.00) 150,966.50 0.00 18,527.57 $4,955,385.11 $4,999,120.93 $5,026,752.59 10,058.35 (551.21) 457.80 $9,964.94 0.00 180,446.03 9,896.32 0.00 (151,517.71) (38,824.64) 0.00 Managed Account Total 4,935,047.55 5,006,415.03 11,217.25 180,446.03 0.00 9,896.32 (151,517.71) (4,964,117.76) (15,788.87) 0.00 11,217.25 332,373.15 0.00 9,896.32 (341,866.42) (4,997,063.65) (15,788.87) 6.36 Total Accrual Basis Earnings $5,182.81 $5,189.17 Transaction Summary - Managed AccountTransaction Summary - Money Market ___________________________________________________________________________________________________________________________________________________ Cash Balance $0.00 Closing Cash Balance Page 2 For the Month Ending September 30, 2015Portfolio Summary and Statistics CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Account Summary Percent Par ValueMarket ValueDescription U.S. Treasury Bond / Note 2,220,000.00 2,232,618.19 44.42 Municipal Bond / Note 30,000.00 30,203.40 0.60 Federal Agency Collateralized Mortgage Obligation 25,000.00 25,209.83 0.50 Federal Agency Bond / Note 1,040,000.00 1,044,805.80 20.78 Corporate Note 1,420,000.00 1,422,646.79 28.30 Certificate of Deposit 200,000.00 199,901.10 3.98 Managed Account Sub-Total 4,935,000.004,955,385.11 98.58% Accrued Interest 11,217.25 Total Portfolio 4,935,000.004,966,602.36 CAMP Pool 71,367.48 71,367.48 1.42 Total Investments 5,006,367.485,037,969.84 100.00% Unsettled Trades 0.00 0.00 Sector Allocation 3.98% Cert of Deposit 28.30% Corporate Note 0.50% Fed Agency CMO 20.78% Fed Agy Bond / Note 1.42% Mny Mkt Fund 0.60% Muni Bond / Note 44.42% US TSY Bond / Note 0 - 6 Months 6 - 12 Months 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years Over 5 Years 1.41% 4.68% 33.72% 29.05% 12.69% 18.45% 0.00% Maturity Distribution Characteristics Yield to Maturity at Cost Yield to Maturity at Market Duration to Worst Weighted Average Days to Maturity 2.43 914 1.20% 1.01% Page 3 For the Month Ending September 30, 2015Managed Account Issuer Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Credit Quality (S&P Ratings) 4.21% A 10.96% A+ 1.99% A-1+ 5.67% AA 66.79% AA+ 7.97% AA- 0.99% AAA 1.42% AAAm Issuer Summary Percentof HoldingsIssuer Market Value 100,698.00 2.00 AMERICAN HONDA FINANCE 54,743.15 1.09 APPLE INC 149,655.45 2.98 BANK OF NEW YORK CO INC 71,367.48 1.42 CAMP Pool 254,919.40 5.07 CHEVRON CORP 101,254.10 2.01 CISCO SYSTEMS INC 99,310.30 1.98 COLGATE-PALMOLIVE COMPANY 507,401.86 10.09 FANNIE MAE 135,102.87 2.69 FEDERAL HOME LOAN BANKS 427,510.90 8.50 FREDDIE MAC 100,113.10 1.99 HSBC HOLDINGS PLC 100,067.30 1.99 IBM CORP 100,855.80 2.01 JP MORGAN CHASE & CO 49,908.80 0.99 MICROSOFT CORP 99,788.00 1.99 NORDEA BANK AB 30,203.40 0.60 STATE OF CONNECTICUT 110,545.38 2.20 THE WALT DISNEY CORPORATION 2,232,618.19 44.42 UNITED STATES TREASURY 126,118.38 2.51 US BANCORP 174,570.73 3.47 WELLS FARGO & COMPANY $5,026,752.59 Total 100.00% Page 4 For the Month Ending September 30, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par U.S. Treasury Bond / Note US TREASURY NOTES DTD 01/03/2012 0.875% 12/31/2016 100,501.30 99,953.80 221.13 99,820.31 01/26/1201/23/12AaaAA+ 100,000.00 912828RX0 0.91 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 277,005.30 276,093.71 7.51 277,234.38 03/03/1402/27/14AaaAA+ 275,000.00 912828SM3 0.73 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 302,187.60 300,344.44 8.20 300,691.41 03/21/1403/19/14AaaAA+ 300,000.00 912828SM3 0.92 US TREASURY NOTES DTD 04/30/2012 0.875% 04/30/2017 251,250.00 250,977.86 915.42 251,376.95 02/05/1502/04/15AaaAA+ 250,000.00 912828SS0 0.63 US TREASURY NOTES DTD 10/01/2012 0.625% 09/30/2017 99,953.10 99,760.94 1.71 99,417.97 10/31/1210/26/12AaaAA+ 100,000.00 912828TS9 0.75 US TREASURY NOTES DTD 11/30/2012 0.625% 11/30/2017 149,726.55 148,233.92 315.06 147,117.19 05/09/1405/06/14AaaAA+ 150,000.00 912828UA6 1.18 US TREASURY NOTES DTD 07/31/2013 1.375% 07/31/2018 101,339.80 101,265.45 231.66 101,554.69 02/04/1502/02/15AaaAA+ 100,000.00 912828VQ0 0.92 US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 95,762.00 94,527.84 399.08 94,335.74 06/03/1406/02/14AaaAA+ 95,000.00 912828A34 1.41 US TREASURY NOTES DTD 01/31/2014 1.500% 01/31/2019 177,629.55 174,392.23 442.26 174,186.52 07/31/1407/29/14AaaAA+ 175,000.00 912828B33 1.61 US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 25,458.33 25,021.18 1.11 25,027.34 09/04/1409/02/14AaaAA+ 25,000.00 912828C65 1.60 US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 74,400.38 74,115.08 2.05 74,024.41 04/30/1504/28/15AaaAA+ 75,000.00 912828TR1 1.30 US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 173,600.88 172,147.66 4.78 171,739.26 02/27/1502/26/15AaaAA+ 175,000.00 912828TR1 1.42 US TREASURY NOTES DTD 09/30/2014 1.750% 09/30/2019 255,299.50 253,447.73 11.95 253,876.95 03/27/1503/26/15AaaAA+ 250,000.00 912828F39 1.39 US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 148,503.90 147,318.67 504.10 147,105.47 05/29/1505/28/15AaaAA+ 150,000.00 912828UB4 1.44 Page 5 For the Month Ending September 30, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par 3,066.02 2,232,618.19 2,217,600.51 1.10 2,217,508.59 2,220,000.00 Security Type Sub-Total Municipal Bond / Note CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 30,203.40 30,073.62 26.32 30,084.30 03/25/1503/16/15Aa3AA 30,000.00 20772JZK1 1.90 26.32 30,203.40 30,073.62 1.90 30,084.30 30,000.00 Security Type Sub-Total Federal Agency Collateralized Mortgage Obligation FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 25,209.83 25,208.45 32.29 25,249.91 04/30/1504/15/15AaaAA+ 25,000.00 3136ANJY4 0.83 32.29 25,209.83 25,208.45 0.83 25,249.91 25,000.00 Security Type Sub-Total Federal Agency Bond / Note FHLB NOTES DTD 08/07/2014 0.500% 09/28/2016 135,102.87 134,858.82 5.63 134,696.25 08/07/1408/06/14AaaAA+ 135,000.00 3130A2T97 0.61 FHLMC NOTES DTD 08/16/2013 0.875% 10/14/2016 100,428.50 100,104.72 405.90 100,304.00 10/03/1310/01/13AaaAA+ 100,000.00 3137EADS5 0.77 FREDDIE MAC GLOBAL NOTES DTD 05/14/2012 1.000% 06/29/2017 30,204.66 30,017.48 76.67 30,028.62 08/13/1408/11/14AaaAA+ 30,000.00 3137EADH9 0.97 FREDDIE MAC GLOBAL NOTES DTD 05/14/2012 1.000% 06/29/2017 120,818.64 120,085.71 306.67 120,140.40 08/13/1408/11/14AaaAA+ 120,000.00 3137EADH9 0.96 FREDDIE MAC GLOBAL NOTES DTD 08/10/2012 1.000% 09/29/2017 176,059.10 175,756.05 9.72 176,867.25 10/05/1210/04/12AaaAA+ 175,000.00 3137EADL0 0.78 FANNIE MAE GLOBAL NOTES DTD 09/24/2012 0.875% 10/26/2017 150,449.85 149,378.46 565.10 148,840.50 12/03/1311/27/13AaaAA+ 150,000.00 3135G0PQ0 1.08 FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 99,939.90 99,184.96 315.97 98,485.00 05/31/1305/24/13AaaAA+ 100,000.00 3135G0WJ8 1.19 FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 124,924.88 124,434.80 394.97 123,943.75 05/24/1305/22/13AaaAA+ 125,000.00 3135G0WJ8 1.05 Page 6 For the Month Ending September 30, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par Federal Agency Bond / Note FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 106,877.40 105,773.98 587.71 105,997.50 10/23/1410/22/14AaaAA+ 105,000.00 3135G0YT4 1.39 2,668.34 1,044,805.80 1,039,594.98 0.96 1,039,303.27 1,040,000.00 Security Type Sub-Total Corporate Note WALT DISNEY CO CORPORATE NOTE DTD 02/14/2012 1.125% 02/15/2017 110,545.38 109,882.12 158.13 109,606.20 06/14/1206/11/12A2A 110,000.00 25468PCS3 1.20 US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 126,118.38 125,889.40 779.17 127,670.00 07/30/1207/25/12A1A+ 125,000.00 91159HHD5 1.19 CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 74,699.40 75,175.32 266.80 75,405.75 12/05/1211/29/12Aa1AA 75,000.00 166764AA8 0.99 CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 99,599.20 100,000.00 355.73 100,000.00 12/05/1211/28/12Aa1AA 100,000.00 166764AA8 1.10 IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 100,067.30 99,780.69 184.03 99,542.00 02/08/1302/05/13Aa3AA- 100,000.00 459200HK0 1.35 BANK OF NEW YORK MELLON (CALLABLE) DTD 03/06/2013 1.350% 03/06/2018 149,655.45 149,978.49 140.63 149,956.50 03/06/1303/04/13A1A+ 150,000.00 06406HCJ6 1.36 MICROSOFT CORP GLOBAL NOTES DTD 05/02/2013 1.000% 05/01/2018 49,908.80 49,983.52 208.33 49,968.50 05/02/1304/25/13AaaAAA 50,000.00 594918AS3 1.01 COLGATE-PALMOLIVE CO NOTES DTD 05/02/2013 0.900% 05/01/2018 99,310.30 99,750.46 375.00 99,523.00 05/02/1304/29/13Aa3AA- 100,000.00 19416QEB2 1.00 APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 54,743.15 54,893.57 226.11 54,797.05 05/03/1304/30/13Aa1AA+ 55,000.00 037833AJ9 1.08 CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 80,620.80 80,000.00 370.32 80,000.00 06/24/1306/17/13Aa1AA 80,000.00 166764AE0 1.72 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 50,627.05 50,364.97 88.54 50,475.00 09/04/1408/29/14A1AA- 50,000.00 17275RAR3 1.90 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 50,627.05 50,459.70 88.54 50,469.50 09/04/1509/01/15A1AA- 50,000.00 17275RAR3 1.85 Page 7 For the Month Ending September 30, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par Corporate Note AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 100,698.00 99,852.49 287.50 99,815.00 09/09/1409/04/14A1A+ 100,000.00 02665WAH4 2.29 WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 174,570.73 176,069.19 637.53 176,223.25 02/05/1502/02/15A2A+ 175,000.00 94974BGF1 2.00 JP MORGAN CHASE & CO CORP NT (CALLABLE) DTD 06/23/2015 2.750% 06/23/2020 100,855.80 100,490.07 748.61 100,497.00 09/04/1509/01/15A3A 100,000.00 46625HLW8 2.64 4,914.97 1,422,646.79 1,422,569.99 1.54 1,423,948.75 1,420,000.00 Security Type Sub-Total Certificate of Deposit HSBC BANK USA NA CD DTD 02/13/2015 0.880% 08/15/2016 100,113.10 100,000.00 110.00 100,000.00 02/13/1502/11/15P-1A-1+ 100,000.00 40428AC54 0.88 NORDEA BANK FINLAND NY CD DTD 05/29/2015 1.150% 05/26/2017 99,788.00 100,000.00 399.31 100,000.00 05/29/1505/27/15Aa3AA- 100,000.00 65558LFA5 1.15 509.31 199,901.10 200,000.00 1.02 200,000.00 200,000.00 Security Type Sub-Total 4,935,000.00 4,936,094.82 1.20 11,217.25 4,935,047.55 4,955,385.11 Managed Account Sub-Total Money Market Fund CAMP Pool 71,367.48 71,367.48 0.00 71,367.48 NRAAAm 71,367.48 71,367.48 71,367.48 0.00 71,367.48 71,367.48 Money Market Sub-Total $5,006,367.48 $5,007,462.30 $11,217.25 $5,006,415.03 $5,026,752.59 1.20% $5,037,969.84 $11,217.25 Total Investments Accrued Interest Securities Sub-Total Page 8 For the Month Ending September 30, 2015Managed Account Fair Market Value & Analytics ValueOn CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Security Type/Description Next Call Market YTMEffective Duration U.S. Treasury Bond / Note 1.24 547.50 680.99 100,501.30 100.50 DEUTSCHE 100,000.00 912828RX0US TREASURY NOTES DTD 01/03/2012 0.875% 12/31/2016 0.47 1.24 1.49 911.59 (229.08) 277,005.30 100.73 MERRILL 275,000.00 912828SM3US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 0.51 1.49 1.49 1,843.16 1,496.19 302,187.60 100.73 MORGANST 300,000.00 912828SM3US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 0.51 1.49 1.57 272.14 (126.95) 251,250.00 100.50 CITIGRP 250,000.00 912828SS0US TREASURY NOTES DTD 04/30/2012 0.875% 04/30/2017 0.56 1.57 1.98 192.16 535.13 99,953.10 99.95 CITIGRP 100,000.00 912828TS9US TREASURY NOTES DTD 10/01/2012 0.625% 09/30/2017 0.65 1.98 2.14 1,492.63 2,609.36 149,726.55 99.82 MERRILL 150,000.00 912828UA6US TREASURY NOTES DTD 11/30/2012 0.625% 11/30/2017 0.71 2.14 2.77 74.35 (214.89) 101,339.80 101.34 BARCLAYS 100,000.00 912828VQ0US TREASURY NOTES DTD 07/31/2013 1.375% 07/31/2018 0.90 2.77 3.09 1,234.16 1,426.26 95,762.00 100.80 CITIGRP 95,000.00 912828A34US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 0.99 3.09 3.24 3,237.32 3,443.03 177,629.55 101.50 BARCLAYS 175,000.00 912828B33US TREASURY NOTES DTD 01/31/2014 1.500% 01/31/2019 1.04 3.24 3.40 437.15 430.99 25,458.33 101.83 CITIGRP 25,000.00 912828C65US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 1.09 3.40 3.91 285.30 375.97 74,400.38 99.20 MERRILL 75,000.00 912828TR1US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 1.21 3.91 3.91 1,453.22 1,861.62 173,600.88 99.20 JPMCHASE 175,000.00 912828TR1US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 1.21 3.91 3.86 1,851.77 1,422.55 255,299.50 102.12 JPMCHASE 250,000.00 912828F39US TREASURY NOTES DTD 09/30/2014 1.750% 09/30/2019 1.21 3.86 4.05 1,185.23 1,398.43 148,503.90 99.00 CITIGRP 150,000.00 912828UB4US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 1.25 4.05 15,109.60 0.83 2.55 15,017.68 2,232,618.19 2,220,000.00 Security Type Sub-Total 2.55 Municipal Bond / Note 3.33 129.78 119.10 30,203.40 100.68 VINING 30,000.00 20772JZK1CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 1.77 3.33 Page 9 For the Month Ending September 30, 2015Managed Account Fair Market Value & Analytics ValueOn CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Security Type/Description Next Call Market YTMEffective Duration 119.10 1.77 3.33 129.78 30,203.40 30,000.00 Security Type Sub-Total 3.33 Federal Agency Collateralized Mortgage Obligation 2.29 1.38 (40.08) 25,209.83 100.84 GOLDMAN 25,000.00 3136ANJY4FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 1.14 2.33 (40.08) 1.14 2.29 1.38 25,209.83 25,000.00 Security Type Sub-Total 2.33 Federal Agency Bond / Note 0.99 244.05 406.62 135,102.87 100.08 MORGANST 135,000.00 3130A2T97FHLB NOTES DTD 08/07/2014 0.500% 09/28/2016 0.42 0.99 1.03 323.78 124.50 100,428.50 100.43 NOMURA 100,000.00 3137EADS5FHLMC NOTES DTD 08/16/2013 0.875% 10/14/2016 0.46 1.03 1.73 187.18 176.04 30,204.66 100.68 JPMCHASE 30,000.00 3137EADH9FREDDIE MAC GLOBAL NOTES DTD 05/14/2012 1.000% 06/29/2017 0.61 1.73 1.73 732.93 678.24 120,818.64 100.68 BNP PARI 120,000.00 3137EADH9FREDDIE MAC GLOBAL NOTES DTD 05/14/2012 1.000% 06/29/2017 0.61 1.73 1.98 303.05 (808.15) 176,059.10 100.61 JEFFERIE 175,000.00 3137EADL0FREDDIE MAC GLOBAL NOTES DTD 08/10/2012 1.000% 09/29/2017 0.69 1.98 2.04 1,071.39 1,609.35 150,449.85 100.30 SOC GEN 150,000.00 3135G0PQ0FANNIE MAE GLOBAL NOTES DTD 09/24/2012 0.875% 10/26/2017 0.73 2.04 2.60 754.94 1,454.90 99,939.90 99.94 CSFB 100,000.00 3135G0WJ8FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 0.90 2.60 2.60 490.08 981.13 124,924.88 99.94 BNP PARI 125,000.00 3135G0WJ8FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 0.90 2.60 3.06 1,103.42 879.90 106,877.40 101.79 GOLDMAN 105,000.00 3135G0YT4FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 1.05 3.06 5,502.53 0.71 1.98 5,210.82 1,044,805.80 1,040,000.00 Security Type Sub-Total 1.98 Corporate Note 1.36 663.26 939.18 110,545.38 100.50 BARCLAYS 110,000.00 25468PCS3WALT DISNEY CO CORPORATE NOTE DTD 02/14/2012 1.125% 02/15/2017 0.76 1.36 1.51 228.98 (1,551.62) 126,118.38 100.89 04/15/17BARCLAYS 125,000.00 91159HHD5US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 1.09 2.42 Page 10 For the Month Ending September 30, 2015Managed Account Fair Market Value & Analytics ValueOn CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Security Type/Description Next Call Market YTMEffective Duration Corporate Note 2.14 (475.92)(706.35) 74,699.40 99.60 11/05/17BARCLAYS 75,000.00 166764AA8CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 1.29 2.20 2.14 (400.80)(400.80) 99,599.20 99.60 11/05/17MORGANST 100,000.00 166764AA8CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 1.29 2.20 2.31 286.61 525.30 100,067.30 100.07 HSBC 100,000.00 459200HK0IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 1.22 2.31 2.38 (323.04)(301.05) 149,655.45 99.77 GOLDMAN 150,000.00 06406HCJ6BANK OF NEW YORK MELLON (CALLABLE) DTD 03/06/2013 1.350% 03/06/2018 1.45 3.23 2.54 (74.72)(59.70) 49,908.80 99.82 MERRILL 50,000.00 594918AS3MICROSOFT CORP GLOBAL NOTES DTD 05/02/2013 1.000% 05/01/2018 1.07 2.54 2.54 (440.16)(212.70) 99,310.30 99.31 CITIGRP 100,000.00 19416QEB2COLGATE-PALMOLIVE CO NOTES DTD 05/02/2013 0.900% 05/01/2018 1.17 2.54 2.54 (150.42)(53.90) 54,743.15 99.53 GOLDMAN 55,000.00 037833AJ9APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 1.18 2.54 2.65 620.80 620.80 80,620.80 100.78 BARCLAYS 80,000.00 166764AE0CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 1.43 2.65 3.28 262.08 152.05 50,627.05 101.25 BONY 50,000.00 17275RAR3CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 1.75 3.28 3.28 167.35 157.55 50,627.05 101.25 BNP PARI 50,000.00 17275RAR3CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 1.75 3.28 3.69 845.51 883.00 100,698.00 100.70 MERRILL 100,000.00 02665WAH4AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 2.06 3.69 4.10 (1,498.46)(1,652.52) 174,570.73 99.75 JEFFERIE 175,000.00 94974BGF1WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 2.21 4.10 4.31 365.73 358.80 100,855.80 100.86 05/23/20JPMCHASE 100,000.00 46625HLW8JP MORGAN CHASE & CO CORP NT (CALLABLE) DTD 06/23/2015 2.750% 06/23/2020 2.56 4.31 (1,301.96) 1.52 2.73 76.80 1,422,646.79 1,420,000.00 Security Type Sub-Total 2.91 Certificate of Deposit Page 11 For the Month Ending September 30, 2015Managed Account Fair Market Value & Analytics ValueOn CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Security Type/Description Next Call Market YTMEffective Duration Certificate of Deposit 0.87 113.10 113.10 100,113.10 100.11 HSBC 100,000.00 40428AC54HSBC BANK USA NA CD DTD 02/13/2015 0.880% 08/15/2016 0.75 0.87 1.65 (212.00)(212.00) 99,788.00 99.79 MERRILL 100,000.00 65558LFA5NORDEA BANK FINLAND NY CD DTD 05/29/2015 1.150% 05/26/2017 1.04 1.65 (98.90) 0.90 1.26 (98.90) 199,901.10 200,000.00 Security Type Sub-Total 1.26 4,935,000.00 4,955,385.11 19,290.29 20,337.56 2.43 1.01 Managed Account Sub-Total 2.48 Money Market Fund 0.00 0.00 0.00 71,367.48 1.00 71,367.48 CAMP Pool 0.00 71,367.48 71,367.48 0.00 0.00 0.00 Money Market Sub-Total 0.00 Total Investments $5,037,969.84 $11,217.25 $5,026,752.59 Accrued Interest Securities Sub-Total $5,006,367.48 $19,290.29 $20,337.56 2.43 1.01% 2.48 Page 12 For the Month Ending September 30, 2015Managed Account Security Transactions & Interest CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Transaction Type Trade CUSIPSecurity DescriptionSettle Par Proceeds Principal Accrued Interest Total Cost Realized G/LRealized G/L Sale Amort Cost Method BUY 09/04/15 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 17275RAR3 (50,469.50)(8.85)(50,478.35) 50,000.00 09/01/15 09/04/15 JP MORGAN CHASE & CO CORP NT (CALLABLE) DTD 06/23/2015 2.750% 06/23/2020 46625HLW8 (100,497.00)(542.36)(101,039.36) 100,000.00 09/01/15 (551.21)(151,517.71)(150,966.50) 150,000.00 Transaction Type Sub-Total INTEREST 09/01/15 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 17275RAR3 0.00 531.25 531.25 50,000.00 09/01/15 09/25/15 FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 3136ANJY4 0.00 32.29 32.29 25,000.00 09/01/15 09/06/15 BANK OF NEW YORK MELLON (CALLABLE) DTD 03/06/2013 1.350% 03/06/2018 06406HCJ6 0.00 1,012.50 1,012.50 150,000.00 09/06/15 09/15/15 CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 20772JZK1 0.00 279.65 279.65 30,000.00 09/15/15 09/28/15 FHLB NOTES DTD 08/07/2014 0.500% 09/28/2016 3130A2T97 0.00 337.50 337.50 135,000.00 09/28/15 09/29/15 FREDDIE MAC GLOBAL NOTES DTD 08/10/2012 1.000% 09/29/2017 3137EADL0 0.00 875.00 875.00 175,000.00 09/29/15 09/30/15 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 912828SM3 0.00 1,375.00 1,375.00 275,000.00 09/30/15 09/30/15 US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 912828TR1 0.00 875.00 875.00 175,000.00 09/30/15 09/30/15 US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 912828TR1 0.00 375.00 375.00 75,000.00 09/30/15 09/30/15 US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 912828C65 0.00 203.13 203.13 25,000.00 09/30/15 09/30/15 US TREASURY NOTES DTD 10/01/2012 0.625% 09/30/2017 912828TS9 0.00 312.50 312.50 100,000.00 09/30/15 09/30/15 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 912828SM3 0.00 1,500.00 1,500.00 300,000.00 09/30/15 Page 13 For the Month Ending September 30, 2015Managed Account Security Transactions & Interest CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Transaction Type Trade CUSIPSecurity DescriptionSettle Par Proceeds Principal Accrued Interest Total Cost Realized G/LRealized G/L Sale Amort Cost Method INTEREST 09/30/15 US TREASURY NOTES DTD 09/30/2014 1.750% 09/30/2019 912828F39 0.00 2,187.50 2,187.50 250,000.00 09/30/15 9,896.32 9,896.32 0.00 1,765,000.00 Transaction Type Sub-Total SELL 09/04/15 TOYOTA MOTOR CREDIT CORP DTD 05/17/2013 0.800% 05/17/2016 89236TAL9 55,112.75 130.78 55,243.53 135.30 118.08 SPEC LOT 55,000.00 09/01/15 09/04/15 JPMORGAN CHASE & CO GLOBAL NOTES DTD 02/26/2013 1.125% 02/26/2016 46623EJU4 125,171.25 31.25 125,202.50 322.50 195.69 SPEC LOT 125,000.00 09/01/15 162.03 313.77 457.80 180,446.03 180,284.00 180,000.00 Transaction Type Sub-Total 29,317.50 9,507.14 38,824.64 457.80 313.77 Managed Account Sub-Total Total Security Transactions $457.80 $38,824.64 $9,507.14 $29,317.50 $313.77 Page 14 For the Month Ending September 30, 2015Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Total Settlement Dollar AmountShare or Trade Shares OwnedDateTransaction Description of TransactionUnit PriceDate CAMP Pool 32,945.89 Opening Balance 09/01/1509/01/15Purchase - Individual Portfolio Interest 1.00 531.25 33,477.14 09/04/1509/04/15Purchase - Individual Portfolio Interest 1.00 31.25 33,508.39 09/04/1509/04/15Purchase - Individual Portfolio Interest 1.00 130.78 33,639.17 09/04/1509/04/15Purchase - Individual Portfolio Sell 1.00 124,848.75 158,487.92 09/04/1509/04/15Purchase - Individual Portfolio Sell 1.00 54,977.45 213,465.37 09/04/1509/04/15Purchase - Individual Portfolio Gain on Cost 1.00 322.50 213,787.87 09/04/1509/04/15Purchase - Individual Portfolio Gain on Cost 1.00 135.30 213,923.17 09/04/1509/04/15Redemption - Individual Portfolio Buy 1.00 (50,478.35) 163,444.82 09/04/1509/04/15Redemption - Individual Portfolio Buy 1.00 (101,039.36) 62,405.46 09/08/1509/08/15Purchase - Individual Portfolio Interest 1.00 1,012.50 63,417.96 09/15/1509/15/15Purchase - Individual Portfolio Interest 1.00 279.65 63,697.61 09/25/1509/25/15Purchase - Individual Portfolio Interest 1.00 32.29 63,729.90 09/25/1509/25/15IP Fees August 2015 1.00 (391.91) 63,337.99 09/25/1509/25/15U.S. Bank Fees July 2015 1.00 (17.50) 63,320.49 09/28/1509/28/15Purchase - Individual Portfolio Interest 1.00 337.50 63,657.99 09/29/1509/29/15Purchase - Individual Portfolio Interest 1.00 875.00 64,532.99 09/30/1509/30/15Purchase - Individual Portfolio Interest 1.00 203.13 64,736.12 09/30/1509/30/15Purchase - Individual Portfolio Interest 1.00 875.00 65,611.12 09/30/1509/30/15Purchase - Individual Portfolio Interest 1.00 2,187.50 67,798.62 09/30/1509/30/15Purchase - Individual Portfolio Interest 1.00 375.00 68,173.62 09/30/1509/30/15Purchase - Individual Portfolio Interest 1.00 312.50 68,486.12 Page 15 For the Month Ending September 30, 2015Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Total Settlement Dollar AmountShare or Trade Shares OwnedDateTransaction Description of TransactionUnit PriceDate CAMP Pool 09/30/1509/30/15Purchase - Individual Portfolio Interest 1.00 1,375.00 69,861.12 09/30/1509/30/15Purchase - Individual Portfolio Interest 1.00 1,500.00 71,361.12 09/30/1510/01/15Accrual Income Div Reinvestment - Distributions 1.00 6.36 71,367.48 71,367.48 71,367.48 71,367.48 60,682.50 20.67 0.00 (1,618,409.56) 1,655,619.22 34,157.82 6.36 71,367.48 0.00 (151,927.12) 190,348.71 32,945.89 Monthly Distribution Yield Average Monthly Balance Closing Balance Fiscal YTDMonth of Cash Dividends and Income Closing Balance Check Disbursements Redemptions (Excl. Checks) Purchases Opening Balance Closing Balance SeptemberJanuary-September 0.13% Page 16 Successor Agency C AMP Account For the Month Ending September 30, 2015Account Statement - Transaction Summary CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Opening Market Value Purchases Redemptions Change in Value Closing Market Value 66,899.47 290,164.92 (252,977.56) 0.00 $104,086.83 CAMP Pool Unsettled Trades 0.00 9.71 Cash Dividends and Income Opening Market Value Purchases Redemptions Change in Value Closing Market Value 5,130,871.60 251,568.06 (280,665.00) 20,620.89 $5,122,395.55 CAMP Managed Account Unsettled Trades 0.00 8,995.91 Cash Dividends and Income September 30, 2015August 31, 2015 Asset Summary CAMP Pool 104,086.83 66,899.47 CAMP Managed Account 5,122,395.55 5,130,871.60 $5,226,482.38 $5,197,771.07 Total Asset Allocation 1.99% CAMP Pool 98.01% CAMP Managed Account Page 1 For the Month Ending September 30, 2015Managed Account Summary Statement CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Dividend Closing Market Value Redemptions Purchases Opening Market Value Closing Market Value Change in Current Value Unsettled Trades Principal Acquisitions Principal Dispositions Maturities/Calls Opening Market Value Closing Market Value Opening Market Value Account Total Total Cash Basis Earnings Plus Net Realized Gains/Losses Less Purchased Interest Related to Interest/Coupons Interest/Dividends/Coupons Received Earnings Reconciliation (Cash Basis) - Managed Account Dividends Less Beginning Accrued Interest Less Beginning Amortized Value of Securities Less Cost of New Purchases Plus Coupons/Dividends Received Plus Proceeds of Maturities/Calls/Principal Payments Plus Proceeds from Sales Ending Accrued Interest Ending Amortized Value of Securities Earnings Reconciliation (Accrual Basis) Reconciling Transactions Net Cash Contribution Security Purchases Principal Payments Coupon/Interest/Dividend Income Sale Proceeds Maturities/Calls Cash Transactions Summary- Managed Account $66,899.47 290,164.92 (252,977.56) $104,086.83 9.71 $5,130,871.60 0.00 (280,665.00) 251,568.06 0.00 20,620.89 $5,122,395.55 $5,197,771.07 $5,226,482.38 9,396.46 (893.60) 493.05 $8,995.91 0.00 281,052.64 9,008.82 0.00 (252,461.66) (37,599.80) 0.00 Managed Account Total 5,088,597.02 5,192,683.85 13,489.59 281,052.64 0.00 9,008.82 (252,461.66) (5,117,215.69) (16,633.84) 0.00 13,489.59 534,030.20 0.00 9,008.82 (542,626.58) (5,184,115.16) (16,633.84) 9.71 Total Accrual Basis Earnings $5,836.88 $5,846.59 Transaction Summary - Managed AccountTransaction Summary - Money Market ___________________________________________________________________________________________________________________________________________________ Cash Balance $0.00 Closing Cash Balance Page 2 For the Month Ending September 30, 2015Portfolio Summary and Statistics CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Account Summary Percent Par ValueMarket ValueDescription U.S. Treasury Bond / Note 2,333,000.00 2,351,871.08 45.01 Municipal Bond / Note 30,000.00 30,203.40 0.58 Federal Agency Collateralized Mortgage Obligation 25,000.00 25,209.83 0.48 Federal Agency Bond / Note 1,165,000.00 1,173,369.18 22.45 Corporate Note 1,335,000.00 1,341,840.96 25.67 Certificate of Deposit 200,000.00 199,901.10 3.82 Managed Account Sub-Total 5,088,000.005,122,395.55 98.01% Accrued Interest 13,489.59 Total Portfolio 5,088,000.005,135,885.14 CAMP Pool 104,086.83 104,086.83 1.99 Total Investments 5,192,086.835,239,971.97 100.00% Unsettled Trades 0.00 0.00 Sector Allocation 3.82% Cert of Deposit 25.67% Corporate Note 0.48% Fed Agency CMO 22.45% Fed Agy Bond / Note 1.99% Mny Mkt Fund 0.58% Muni Bond / Note 45.01% US TSY Bond / Note 0 - 6 Months 6 - 12 Months 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years Over 5 Years 1.99% 4.50% 33.44% 21.27%21.57% 17.23% 0.00% Maturity Distribution Characteristics Yield to Maturity at Cost Yield to Maturity at Market Duration to Worst Weighted Average Days to Maturity 2.48 933 1.25% 0.99% Page 3 For the Month Ending September 30, 2015Managed Account Issuer Summary CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Credit Quality (S&P Ratings) 6.74% A 9.14% A+ 1.92% A-1+ 2.12% AA 68.98% AA+ 8.16% AA- 0.95% AAA 1.99% AAAm Issuer Summary Percentof HoldingsIssuer Market Value 125,503.88 2.40 3M COMPANY 100,698.00 1.93 AMERICAN HONDA FINANCE 54,743.15 1.05 APPLE INC 124,712.88 2.39 BANK OF NEW YORK CO INC 104,086.83 1.99 CAMP Pool 80,620.80 1.54 CHEVRON CORP 101,254.10 1.94 CISCO SYSTEMS INC 810,000.39 15.50 FANNIE MAE 135,102.87 2.58 FEDERAL HOME LOAN BANKS 253,475.75 4.85 FREDDIE MAC 100,113.10 1.92 HSBC HOLDINGS PLC 100,067.30 1.91 IBM CORP 100,855.80 1.93 JP MORGAN CHASE & CO 49,908.80 0.95 MICROSOFT CORP 99,788.00 1.91 NORDEA BANK AB 30,203.40 0.58 STATE OF CONNECTICUT 251,239.50 4.81 THE WALT DISNEY CORPORATION 2,351,871.08 44.99 UNITED STATES TREASURY 252,236.75 4.83 US BANCORP $5,226,482.38 Total 100.00% Page 4 For the Month Ending September 30, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par U.S. Treasury Bond / Note US TREASURY NOTES DTD 10/31/2011 1.000% 10/31/2016 100,640.60 100,562.17 418.48 100,601.56 09/03/1509/02/15AaaAA+ 100,000.00 912828RM4 0.48 US TREASURY NOTES DTD 01/03/2012 0.875% 12/31/2016 188,942.44 187,913.15 415.72 187,662.18 01/26/1201/23/12AaaAA+ 188,000.00 912828RX0 0.91 US TREASURY NOTES DTD 02/29/2012 0.875% 02/28/2017 100,518.20 99,910.53 74.52 99,691.41 03/15/1203/13/12AaaAA+ 100,000.00 912828SJ0 0.94 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 176,276.10 175,696.00 4.78 176,421.88 03/03/1402/27/14AaaAA+ 175,000.00 912828SM3 0.73 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 251,823.00 250,287.03 6.83 250,576.17 03/21/1403/19/14AaaAA+ 250,000.00 912828SM3 0.92 US TREASURY NOTES DTD 11/30/2012 0.625% 11/30/2017 124,772.13 123,528.26 262.55 122,597.66 05/09/1405/06/14AaaAA+ 125,000.00 912828UA6 1.18 US TREASURY NOTES DTD 07/31/2013 1.375% 07/31/2018 101,339.80 101,265.45 231.66 101,554.69 02/04/1502/02/15AaaAA+ 100,000.00 912828VQ0 0.92 US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 20,160.42 19,848.10 84.02 19,790.63 07/07/1407/01/14AaaAA+ 20,000.00 912828A34 1.50 US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 75,601.58 74,627.25 315.06 74,475.59 06/03/1406/02/14AaaAA+ 75,000.00 912828A34 1.41 US TREASURY NOTES DTD 01/31/2014 1.500% 01/31/2019 177,629.55 174,392.23 442.26 174,186.52 07/31/1407/29/14AaaAA+ 175,000.00 912828B33 1.61 US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 25,458.33 25,021.18 1.11 25,027.34 09/04/1409/02/14AaaAA+ 25,000.00 912828C65 1.60 US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 101,833.30 100,122.90 4.44 100,156.25 10/06/1410/02/14AaaAA+ 100,000.00 912828C65 1.59 US TREASURY NOTES DTD 05/15/2009 3.125% 05/15/2019 107,099.00 105,700.87 1,180.37 107,085.94 11/03/1410/30/14AaaAA+ 100,000.00 912828KQ2 1.50 US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 148,800.75 148,230.17 4.10 148,048.83 04/30/1504/28/15AaaAA+ 150,000.00 912828TR1 1.30 Page 5 For the Month Ending September 30, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par U.S. Treasury Bond / Note US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 223,201.13 221,332.71 6.15 220,807.62 02/27/1502/26/15AaaAA+ 225,000.00 912828TR1 1.42 US TREASURY NOTES DTD 09/30/2014 1.750% 09/30/2019 229,769.55 228,102.96 10.76 228,489.26 03/27/1503/26/15AaaAA+ 225,000.00 912828F39 1.39 US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 198,005.20 196,424.89 672.13 196,140.63 05/29/1505/28/15AaaAA+ 200,000.00 912828UB4 1.44 4,134.94 2,351,871.08 2,332,965.85 1.20 2,333,314.16 2,333,000.00 Security Type Sub-Total Municipal Bond / Note CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 30,203.40 30,073.62 26.32 30,084.30 03/25/1503/16/15Aa3AA 30,000.00 20772JZK1 1.90 26.32 30,203.40 30,073.62 1.90 30,084.30 30,000.00 Security Type Sub-Total Federal Agency Collateralized Mortgage Obligation FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 25,209.83 25,208.45 32.29 25,249.91 04/30/1504/15/15AaaAA+ 25,000.00 3136ANJY4 0.83 32.29 25,209.83 25,208.45 0.83 25,249.91 25,000.00 Security Type Sub-Total Federal Agency Bond / Note FHLB NOTES DTD 08/07/2014 0.500% 09/28/2016 135,102.87 134,858.82 5.63 134,696.25 08/07/1408/06/14AaaAA+ 135,000.00 3130A2T97 0.61 FHLMC NOTES DTD 08/16/2013 0.875% 10/14/2016 100,428.50 100,104.72 405.90 100,304.00 10/03/1310/01/13AaaAA+ 100,000.00 3137EADS5 0.77 FANNIE MAE GLOBAL NOTES DTD 07/20/2012 0.875% 08/28/2017 100,138.60 100,096.50 80.21 100,248.00 09/10/1209/06/12AaaAA+ 100,000.00 3135G0MZ3 0.82 FANNIE MAE GLOBAL NOTES DTD 09/24/2012 0.875% 10/26/2017 225,674.78 224,067.68 847.66 223,260.75 12/03/1311/27/13AaaAA+ 225,000.00 3135G0PQ0 1.08 FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 74,954.93 74,388.72 236.98 73,863.75 05/31/1305/24/13AaaAA+ 75,000.00 3135G0WJ8 1.19 Page 6 For the Month Ending September 30, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par Federal Agency Bond / Note FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 149,909.85 149,321.76 473.96 148,732.50 05/24/1305/22/13AaaAA+ 150,000.00 3135G0WJ8 1.05 FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 106,877.40 105,773.98 587.71 105,997.50 10/23/1410/22/14AaaAA+ 105,000.00 3135G0YT4 1.39 FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 127,235.00 125,003.01 699.65 125,003.75 06/19/1406/16/14AaaAA+ 125,000.00 3135G0YT4 1.62 FREDDIE MAC NOTES DTD 04/16/2012 1.750% 05/30/2019 153,047.25 151,398.35 882.29 151,704.00 12/03/1412/01/14AaaAA+ 150,000.00 3137EADG1 1.49 4,219.99 1,173,369.18 1,165,013.54 1.12 1,163,810.50 1,165,000.00 Security Type Sub-Total Corporate Note WALT DISNEY CO CORPORATE NOTE DTD 02/14/2012 1.125% 02/15/2017 251,239.50 249,732.10 359.38 249,105.00 06/14/1206/11/12A2A 250,000.00 25468PCS3 1.20 US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 252,236.75 250,000.00 1,558.33 255,340.00 07/30/1207/25/12A1A+ 250,000.00 91159HHD5 1.19 3M COMPANY GLOBAL NOTES DTD 06/26/2012 1.000% 06/26/2017 125,503.88 124,796.38 329.86 124,423.75 06/26/1206/21/12Aa3AA- 125,000.00 88579YAE1 1.10 IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 100,067.30 99,780.69 184.03 99,542.00 02/08/1302/05/13Aa3AA- 100,000.00 459200HK0 1.35 BANK OF NEW YORK MELLON (CALLABLE) DTD 03/06/2013 1.350% 03/06/2018 124,712.88 124,982.07 117.19 124,963.75 03/06/1303/04/13A1A+ 125,000.00 06406HCJ6 1.36 MICROSOFT CORP GLOBAL NOTES DTD 05/02/2013 1.000% 05/01/2018 49,908.80 49,983.52 208.33 49,968.50 05/02/1304/25/13AaaAAA 50,000.00 594918AS3 1.01 APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 54,743.15 54,893.57 226.11 54,797.05 05/03/1304/30/13Aa1AA+ 55,000.00 037833AJ9 1.08 CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 80,620.80 80,000.00 370.32 80,000.00 06/24/1306/17/13Aa1AA 80,000.00 166764AE0 1.72 Page 7 For the Month Ending September 30, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par Corporate Note CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 50,627.05 50,364.97 88.54 50,475.00 09/04/1408/29/14A1AA- 50,000.00 17275RAR3 1.90 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 50,627.05 50,459.70 88.54 50,469.50 09/04/1509/01/15A1AA- 50,000.00 17275RAR3 1.85 AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 100,698.00 99,852.49 287.50 99,815.00 09/09/1409/04/14A1A+ 100,000.00 02665WAH4 2.29 JP MORGAN CHASE & CO CORP NT (CALLABLE) DTD 06/23/2015 2.750% 06/23/2020 100,855.80 100,490.07 748.61 100,497.00 09/04/1509/01/15A3A 100,000.00 46625HLW8 2.64 4,566.74 1,341,840.96 1,335,335.56 1.47 1,339,396.55 1,335,000.00 Security Type Sub-Total Certificate of Deposit HSBC BANK USA NA CD DTD 02/13/2015 0.880% 08/15/2016 100,113.10 100,000.00 110.00 100,000.00 02/13/1502/11/15P-1A-1+ 100,000.00 40428AC54 0.88 NORDEA BANK FINLAND NY CD DTD 05/29/2015 1.150% 05/26/2017 99,788.00 100,000.00 399.31 100,000.00 05/29/1505/27/15Aa3AA- 100,000.00 65558LFA5 1.15 509.31 199,901.10 200,000.00 1.02 200,000.00 200,000.00 Security Type Sub-Total 5,088,000.00 5,091,855.42 1.25 13,489.59 5,088,597.02 5,122,395.55 Managed Account Sub-Total Money Market Fund CAMP Pool 104,086.83 104,086.83 0.00 104,086.83 NRAAAm 104,086.83 104,086.83 104,086.83 0.00 104,086.83 104,086.83 Money Market Sub-Total $5,192,086.83 $5,195,942.25 $13,489.59 $5,192,683.85 $5,226,482.38 1.25% $5,239,971.97 $13,489.59 Total Investments Accrued Interest Securities Sub-Total Page 8 For the Month Ending September 30, 2015Managed Account Fair Market Value & Analytics ValueOn CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Security Type/Description Next Call Market YTMEffective Duration U.S. Treasury Bond / Note 1.07 78.43 39.04 100,640.60 100.64 BARCLAYS 100,000.00 912828RM4US TREASURY NOTES DTD 10/31/2011 1.000% 10/31/2016 0.41 1.07 1.24 1,029.29 1,280.26 188,942.44 100.50 DEUTSCHE 188,000.00 912828RX0US TREASURY NOTES DTD 01/03/2012 0.875% 12/31/2016 0.47 1.24 1.41 607.67 826.79 100,518.20 100.52 BARCLAYS 100,000.00 912828SJ0US TREASURY NOTES DTD 02/29/2012 0.875% 02/28/2017 0.51 1.41 1.49 580.10 (145.78) 176,276.10 100.73 MERRILL 175,000.00 912828SM3US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 0.51 1.49 1.49 1,535.97 1,246.83 251,823.00 100.73 MORGANST 250,000.00 912828SM3US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 0.51 1.49 2.14 1,243.87 2,174.47 124,772.13 99.82 MERRILL 125,000.00 912828UA6US TREASURY NOTES DTD 11/30/2012 0.625% 11/30/2017 0.71 2.14 2.77 74.35 (214.89) 101,339.80 101.34 BARCLAYS 100,000.00 912828VQ0US TREASURY NOTES DTD 07/31/2013 1.375% 07/31/2018 0.90 2.77 3.09 312.32 369.79 20,160.42 100.80 MERRILL 20,000.00 912828A34US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 0.99 3.09 3.09 974.33 1,125.99 75,601.58 100.80 CITIGRP 75,000.00 912828A34US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 0.99 3.09 3.24 3,237.32 3,443.03 177,629.55 101.50 BARCLAYS 175,000.00 912828B33US TREASURY NOTES DTD 01/31/2014 1.500% 01/31/2019 1.04 3.24 3.40 437.15 430.99 25,458.33 101.83 CITIGRP 25,000.00 912828C65US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 1.09 3.40 3.40 1,710.40 1,677.05 101,833.30 101.83 MERRILL 100,000.00 912828C65US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 1.09 3.40 3.41 1,398.13 13.06 107,099.00 107.10 MERRILL 100,000.00 912828KQ2US TREASURY NOTES DTD 05/15/2009 3.125% 05/15/2019 1.12 3.41 3.91 570.58 751.92 148,800.75 99.20 MERRILL 150,000.00 912828TR1US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 1.21 3.91 3.91 1,868.42 2,393.51 223,201.13 99.20 JPMCHASE 225,000.00 912828TR1US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 1.21 3.91 3.86 1,666.59 1,280.29 229,769.55 102.12 JPMCHASE 225,000.00 912828F39US TREASURY NOTES DTD 09/30/2014 1.750% 09/30/2019 1.21 3.86 4.05 1,580.31 1,864.57 198,005.20 99.00 CITIGRP 200,000.00 912828UB4US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 1.25 4.05 Page 9 For the Month Ending September 30, 2015Managed Account Fair Market Value & Analytics ValueOn CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Security Type/Description Next Call Market YTMEffective Duration 18,556.92 0.89 2.76 18,905.23 2,351,871.08 2,333,000.00 Security Type Sub-Total 2.76 Municipal Bond / Note 3.33 129.78 119.10 30,203.40 100.68 VINING 30,000.00 20772JZK1CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 1.77 3.33 119.10 1.77 3.33 129.78 30,203.40 30,000.00 Security Type Sub-Total 3.33 Federal Agency Collateralized Mortgage Obligation 2.29 1.38 (40.08) 25,209.83 100.84 GOLDMAN 25,000.00 3136ANJY4FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 1.14 2.33 (40.08) 1.14 2.29 1.38 25,209.83 25,000.00 Security Type Sub-Total 2.33 Federal Agency Bond / Note 0.99 244.05 406.62 135,102.87 100.08 MORGANST 135,000.00 3130A2T97FHLB NOTES DTD 08/07/2014 0.500% 09/28/2016 0.42 0.99 1.03 323.78 124.50 100,428.50 100.43 NOMURA 100,000.00 3137EADS5FHLMC NOTES DTD 08/16/2013 0.875% 10/14/2016 0.46 1.03 1.89 42.10 (109.40) 100,138.60 100.14 HSBC 100,000.00 3135G0MZ3FANNIE MAE GLOBAL NOTES DTD 07/20/2012 0.875% 08/28/2017 0.80 1.89 2.04 1,607.10 2,414.03 225,674.78 100.30 SOC GEN 225,000.00 3135G0PQ0FANNIE MAE GLOBAL NOTES DTD 09/24/2012 0.875% 10/26/2017 0.73 2.04 2.60 566.21 1,091.18 74,954.93 99.94 CSFB 75,000.00 3135G0WJ8FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 0.90 2.60 2.60 588.09 1,177.35 149,909.85 99.94 BNP PARI 150,000.00 3135G0WJ8FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 0.90 2.60 3.06 1,103.42 879.90 106,877.40 101.79 GOLDMAN 105,000.00 3135G0YT4FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 1.05 3.06 3.06 2,231.99 2,231.25 127,235.00 101.79 HSBC 125,000.00 3135G0YT4FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 1.05 3.06 3.53 1,648.90 1,343.25 153,047.25 102.03 TD SEC U 150,000.00 3137EADG1FREDDIE MAC NOTES DTD 04/16/2012 1.750% 05/30/2019 1.18 3.53 9,558.68 0.83 2.33 8,355.64 1,173,369.18 1,165,000.00 Security Type Sub-Total 2.33 Page 10 For the Month Ending September 30, 2015Managed Account Fair Market Value & Analytics ValueOn CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Security Type/Description Next Call Market YTMEffective Duration Corporate Note 1.36 1,507.40 2,134.50 251,239.50 100.50 BARCLAYS 250,000.00 25468PCS3WALT DISNEY CO CORPORATE NOTE DTD 02/14/2012 1.125% 02/15/2017 0.76 1.36 1.51 2,236.75 (3,103.25) 252,236.75 100.89 04/15/17BARCLAYS 250,000.00 91159HHD5US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 1.09 2.42 1.72 707.50 1,080.13 125,503.88 100.40 MORGANST 125,000.00 88579YAE13M COMPANY GLOBAL NOTES DTD 06/26/2012 1.000% 06/26/2017 0.77 1.72 2.31 286.61 525.30 100,067.30 100.07 HSBC 100,000.00 459200HK0IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 1.22 2.31 2.38 (269.19)(250.87) 124,712.88 99.77 GOLDMAN 125,000.00 06406HCJ6BANK OF NEW YORK MELLON (CALLABLE) DTD 03/06/2013 1.350% 03/06/2018 1.45 3.23 2.54 (74.72)(59.70) 49,908.80 99.82 MERRILL 50,000.00 594918AS3MICROSOFT CORP GLOBAL NOTES DTD 05/02/2013 1.000% 05/01/2018 1.07 2.54 2.54 (150.42)(53.90) 54,743.15 99.53 GOLDMAN 55,000.00 037833AJ9APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 1.18 2.54 2.65 620.80 620.80 80,620.80 100.78 BARCLAYS 80,000.00 166764AE0CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 1.43 2.65 3.28 262.08 152.05 50,627.05 101.25 BONY 50,000.00 17275RAR3CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 1.75 3.28 3.28 167.35 157.55 50,627.05 101.25 BNP PARI 50,000.00 17275RAR3CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 1.75 3.28 3.69 845.51 883.00 100,698.00 100.70 MERRILL 100,000.00 02665WAH4AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 2.06 3.69 4.31 365.73 358.80 100,855.80 100.86 05/23/20JPMCHASE 100,000.00 46625HLW8JP MORGAN CHASE & CO CORP NT (CALLABLE) DTD 06/23/2015 2.750% 06/23/2020 2.56 4.31 2,444.41 1.30 2.30 6,505.40 1,341,840.96 1,335,000.00 Security Type Sub-Total 2.55 Certificate of Deposit 0.87 113.10 113.10 100,113.10 100.11 HSBC 100,000.00 40428AC54HSBC BANK USA NA CD DTD 02/13/2015 0.880% 08/15/2016 0.75 0.87 1.65 (212.00)(212.00) 99,788.00 99.79 MERRILL 100,000.00 65558LFA5NORDEA BANK FINLAND NY CD DTD 05/29/2015 1.150% 05/26/2017 1.04 1.65 Page 11 For the Month Ending September 30, 2015Managed Account Fair Market Value & Analytics ValueOn CostAmort Cost to WorstCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt MarketUnreal G/LUnreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Security Type/Description Next Call Market YTMEffective Duration (98.90) 0.90 1.26 (98.90) 199,901.10 200,000.00 Security Type Sub-Total 1.26 5,088,000.00 5,122,395.55 30,540.13 33,798.53 2.48 0.99 Managed Account Sub-Total 2.55 Money Market Fund 0.00 0.00 0.00 104,086.83 1.00 104,086.83 CAMP Pool 0.00 104,086.83 104,086.83 0.00 0.00 0.00 Money Market Sub-Total 0.00 Total Investments $5,239,971.97 $13,489.59 $5,226,482.38 Accrued Interest Securities Sub-Total $5,192,086.83 $30,540.13 $33,798.53 2.48 0.99% 2.55 Page 12 For the Month Ending September 30, 2015Managed Account Security Transactions & Interest CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Transaction Type Trade CUSIPSecurity DescriptionSettle Par Proceeds Principal Accrued Interest Total Cost Realized G/LRealized G/L Sale Amort Cost Method BUY 09/04/15 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 17275RAR3 (50,469.50)(8.85)(50,478.35) 50,000.00 09/01/15 09/04/15 JP MORGAN CHASE & CO CORP NT (CALLABLE) DTD 06/23/2015 2.750% 06/23/2020 46625HLW8 (100,497.00)(542.36)(101,039.36) 100,000.00 09/01/15 09/03/15 US TREASURY NOTES DTD 10/31/2011 1.000% 10/31/2016 912828RM4 (100,601.56)(342.39)(100,943.95) 100,000.00 09/02/15 (893.60)(252,461.66)(251,568.06) 250,000.00 Transaction Type Sub-Total INTEREST 09/01/15 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 17275RAR3 0.00 531.25 531.25 50,000.00 09/01/15 09/25/15 FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 3136ANJY4 0.00 32.29 32.29 25,000.00 09/01/15 09/06/15 BANK OF NEW YORK MELLON (CALLABLE) DTD 03/06/2013 1.350% 03/06/2018 06406HCJ6 0.00 843.75 843.75 125,000.00 09/06/15 09/15/15 CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 20772JZK1 0.00 279.65 279.65 30,000.00 09/15/15 09/28/15 FHLB NOTES DTD 08/07/2014 0.500% 09/28/2016 3130A2T97 0.00 337.50 337.50 135,000.00 09/28/15 09/30/15 US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 912828C65 0.00 812.50 812.50 100,000.00 09/30/15 09/30/15 US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 912828TR1 0.00 1,125.00 1,125.00 225,000.00 09/30/15 09/30/15 US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 912828C65 0.00 203.13 203.13 25,000.00 09/30/15 09/30/15 US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 912828TR1 0.00 750.00 750.00 150,000.00 09/30/15 09/30/15 US TREASURY NOTES DTD 09/30/2014 1.750% 09/30/2019 912828F39 0.00 1,968.75 1,968.75 225,000.00 09/30/15 09/30/15 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 912828SM3 0.00 1,250.00 1,250.00 250,000.00 09/30/15 Page 13 For the Month Ending September 30, 2015Managed Account Security Transactions & Interest CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Transaction Type Trade CUSIPSecurity DescriptionSettle Par Proceeds Principal Accrued Interest Total Cost Realized G/LRealized G/L Sale Amort Cost Method INTEREST 09/30/15 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 912828SM3 0.00 875.00 875.00 175,000.00 09/30/15 9,008.82 9,008.82 0.00 1,515,000.00 Transaction Type Sub-Total SELL 09/04/15 TOYOTA MOTOR CREDIT CORP DTD 05/17/2013 0.800% 05/17/2016 89236TAL9 55,112.75 130.78 55,243.53 135.30 118.08 SPEC LOT 55,000.00 09/01/15 09/04/15 JPMORGAN CHASE & CO GLOBAL NOTES DTD 02/26/2013 1.125% 02/26/2016 46623EJU4 175,239.75 43.75 175,283.50 451.50 273.97 SPEC LOT 175,000.00 09/01/15 09/03/15 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 912828SM3 50,312.50 213.11 50,525.61 (93.75) 103.56 SPEC LOT 50,000.00 09/02/15 387.64 495.61 493.05 281,052.64 280,665.00 280,000.00 Transaction Type Sub-Total 29,096.94 8,502.86 37,599.80 493.05 495.61 Managed Account Sub-Total Total Security Transactions $493.05 $37,599.80 $8,502.86 $29,096.94 $495.61 Page 14 For the Month Ending September 30, 2015Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Total Settlement Dollar AmountShare or Trade Shares OwnedDateTransaction Description of TransactionUnit PriceDate CAMP Pool 66,899.47 Opening Balance 09/01/1509/01/15Purchase - Individual Portfolio Interest 1.00 531.25 67,430.72 09/03/1509/03/15Purchase - Individual Portfolio Interest 1.00 213.11 67,643.83 09/03/1509/03/15Purchase - Individual Portfolio Sell 1.00 50,406.25 118,050.08 09/03/1509/03/15Redemption - Individual Portfolio Buy 1.00 (100,943.95) 17,106.13 09/03/1509/03/15Redemption - Individual Portfolio Loss on Cost 1.00 (93.75) 17,012.38 09/04/1509/04/15Purchase - Individual Portfolio Interest 1.00 43.75 17,056.13 09/04/1509/04/15Purchase - Individual Portfolio Interest 1.00 130.78 17,186.91 09/04/1509/04/15Purchase - Individual Portfolio Sell 1.00 174,788.25 191,975.16 09/04/1509/04/15Purchase - Individual Portfolio Sell 1.00 54,977.45 246,952.61 09/04/1509/04/15Purchase - Individual Portfolio Gain on Cost 1.00 451.50 247,404.11 09/04/1509/04/15Purchase - Individual Portfolio Gain on Cost 1.00 135.30 247,539.41 09/04/1509/04/15Redemption - Individual Portfolio Buy 1.00 (50,478.35) 197,061.06 09/04/1509/04/15Redemption - Individual Portfolio Buy 1.00 (101,039.36) 96,021.70 09/08/1509/08/15Purchase - Individual Portfolio Interest 1.00 843.75 96,865.45 09/15/1509/15/15Purchase - Individual Portfolio Interest 1.00 279.65 97,145.10 09/25/1509/25/15Purchase - Individual Portfolio Interest 1.00 32.29 97,177.39 09/25/1509/25/15IP Fees August 2015 1.00 (404.12) 96,773.27 09/25/1509/25/15U.S. Bank Fees July 2015 1.00 (18.03) 96,755.24 09/28/1509/28/15Purchase - Individual Portfolio Interest 1.00 337.50 97,092.74 09/30/1509/30/15Purchase - Individual Portfolio Interest 1.00 203.13 97,295.87 09/30/1509/30/15Purchase - Individual Portfolio Interest 1.00 812.50 98,108.37 Page 15 For the Month Ending September 30, 2015Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Total Settlement Dollar AmountShare or Trade Shares OwnedDateTransaction Description of TransactionUnit PriceDate CAMP Pool 09/30/1509/30/15Purchase - Individual Portfolio Interest 1.00 1,125.00 99,233.37 09/30/1509/30/15Purchase - Individual Portfolio Interest 1.00 1,968.75 101,202.12 09/30/1509/30/15Purchase - Individual Portfolio Interest 1.00 750.00 101,952.12 09/30/1509/30/15Purchase - Individual Portfolio Interest 1.00 875.00 102,827.12 09/30/1509/30/15Purchase - Individual Portfolio Interest 1.00 1,250.00 104,077.12 09/30/1510/01/15Accrual Income Div Reinvestment - Distributions 1.00 9.71 104,086.83 104,086.83 104,086.83 104,086.83 92,466.93 32.03 0.00 (1,418,421.95) 1,508,548.09 13,960.69 9.71 104,086.83 0.00 (252,977.56) 290,164.92 66,899.47 Monthly Distribution Yield Average Monthly Balance Closing Balance Fiscal YTDMonth of Cash Dividends and Income Closing Balance Check Disbursements Redemptions (Excl. Checks) Purchases Opening Balance Closing Balance SeptemberJanuary-September 0.13% Page 16 Review of Investment Portfolio CAMP Accounts Third Quarter 2015 City of Lake Elsinore Review of Investment Performance Third Quarter 2015 Monique Spyke, Director spykem@pfm.com Sarah Meacham, Director meachams@pfm.com PFM Asset Management LLC © 2015 PFM Asset Management LLC Section A-1© 2015 PFM Asset Management LLC Summary •The U.S. economy continued its forward progress, but more recent economic data suggested it is slowing from the strong second-quarter pace. •Weakness in emerging-markets economies, most notably China, changed market psychology, triggering heightened volatility and significant downward pressure on equity markets worldwide. •The Federal Open Market Committee (FOMC) chose not to raise the federal funds target rate at either of its two meetings during the quarter, most recently citing concern about “recent global economic and financial developments.” FOMC officials, however, continue to condition investors for a possible rate hike before year-end. Economic Snapshot •Concern over Greece’s financial state last quarter was quickly resolved, only to be superseded by growth concerns emanating from emerging- markets economies, especially China, Russia and Brazil. A slowdown in emerging markets also negatively impacted commodity, oil, and export-driven economies, such as Australia, Canada, and the oil states. •Second-quarter gross domestic product (GDP) grew at a 3.9% annualized pace, a strong rebound from the first quarter ’s lackluster growth. The surge was bolstered by strong consumer spending and a pickup in business investment and inventories. •Job growth slowed in the third quarter — averaging 167,000 new jobs per month, which was down from 231,000 per month in the prior quarter — but the unemployment rate fell further to 5.1%, its lowest rate since April 2008. Wage growth remained subdued. Interest Rates •Long-term Treasury yields trended lower throughout the quarter, supported by low inflation, slowing global growth, and a hesitant FOMC. The yield on the 10-year U.S. Treasury fell 31 basis points (0.31%), ending the quarter just above 2.0%. •Yields on shorter-term instruments (two years and under) initially moved in the opposite direction, rising to peaks in mid-September in anticipation of a near-term federal funds target rate increase. When those hopes were dashed, yields retreated. Short-term Treasury yields ended the quarter mostly lower by a few basis points, while money market instruments like commercial paper and bank certificates of deposit held on to most of their rate increases during the quarter. •Global sovereign debt yields followed those in the U.S., with lower long-term rates and fractionally lower short-term yields. Sector Performance •U.S. Treasury benchmark indices generated strong returns as yields ended the quarter lower, providing price appreciation in addition to yield-based income. While this was true for maturities across the yield curve, longer maturities fared better due to their longer durations and more significant fall in rates. •Federal Agency securities modestly outperformed comparable maturity Treasuries as yield spreads tightened modestly. •Corporate yield spreads widened throughout the quarter, in some cases significantly. Returns were correlated with credit ratings. BBB-rated and high-yield issues performed poorly. A-rated issuers modestly underperformed government securities, while higher-rated issuers performed better. •Mortgage-backed securities (MBS) underperformed comparable duration government securities; as heightened volatility negatively impacted securities with imbedded optionality where underlying mortgage holders can refinance if it is to their advantage — a scenario that has persisted for much of 2015. Third Quarter 2015 Section A-2© 2015 PFM Asset Management LLC Labor Market Jun 2015Sep 2014 Unemployment Rate Sep'15 5.1%5.3%5.9% Change In Non-Farm Payrolls Sep'15142,000245,000250,000 Average Hourly Earnings (YoY)Sep'15 2.2%2.0%2.0% Personal Income (YoY)Aug'15 4.2%4.1%4.5% Initial Jobless Claims (week)10/2/15263,000282,000292,000 Growth Real GDP (QoQ SAAR)2015Q2 3.9%0.6%4.6% GDP Personal Consumption (QoQ SAAR)2015Q2 3.6%1.8%3.8% Retail Sales (YoY)Sep'15 2.4%1.8%4.4% ISM Manufacturing Survey (month)Sep'15 50.2 53.5 56.1 Existing Home Sales SAAR (month)Aug'15 5.31 mil.5.48 mil.5.10 mil. Inflation / Prices Personal Consumption Expenditures (YoY)Aug'15 0.3%0.3%1.5% Consumer Price Index (YoY)Aug'15 0.2%0.1%1.7% Consumer Price Index Core (YoY)Aug'15 1.8%1.8%1.7% Crude Oil Futures (WTI, per barrel)Sep 30 $45.09$59.47$91.16 Gold Futures (oz.)Sep 30 $1,116$1,172$1,211 1.Data as of First Quarter 2015 2.Data as of Second Quarter 2014 Note: YoY = year over year, QoQ = quarter over quarter, SAAR = seasonally adjusted annual rate, WTI = West Texas Intermediate crude oil Latest 0 100K 200K 300K 400K 2% 4% 6% 8% 10% 9/30/12 3/31/13 9/30/13 3/31/14 9/30/14 3/31/15 9/30/15 Unemployment Rate (left) vs. Change in Nonfarm Payrolls (right) Change In Non-Farm Payrolls Unemployment Rate -2% 0% 2% 4% 6% 6/30/12 12/31/12 6/30/13 12/31/13 6/30/14 12/31/14 6/30/15 Real GDP (QoQ) -1% 0% 1% 2% 3% 9/30/12 3/31/13 9/30/13 3/31/14 9/30/14 3/31/15 Consumer Price Index CPI (YoY)Core CPI (YoY) 2 2 1 1 Economic Snapshot Source: Bloomberg Section A-3© 2015 PFM Asset Management LLC Source: Bloomberg Interest Rate Overview U.S. Treasury Note Yields U.S. Treasury Yield Curve U.S. Treasury Yields Yield Curves as of 9/30/15 0.0% 0.5% 1.0% 1.5% 2.0% 2.5% 3.0% 6/30/15 7/31/15 8/31/15 9/30/15 Yi e l d 2-Year 5-Year 10-Year -1% 0% 1% 2% 3% 4% 3- m o 1- y r 2- y r 3- y r 5- y r 7- y r 10 - y r 30 - y r Yi e l d Maturity September 30, 2015 June 30, 2015 September 30, 2014 Maturity 9/30/156/30/15 Change over Quarter 9/30/14 Change over Year 3-month (0.02%)0.01%(0.03%)0.02%(0.04%) 1-year0.31%0.27%0.04%0.10%0.21% 2-year0.63%0.65%(0.02%)0.57%0.06% 5-year1.36%1.65%(0.29%)1.76%(0.40%) 10-year2.04%2.35%(0.31%)2.49%(0.45%) 30-year2.85%3.12%(0.27%)3.20%(0.35%) -1% 0% 1% 2% 3% 4% 5% 3- m o 1- y r 2- y r 3- y r 5- y r 7- y r 10 - y r 25 - y r 30 - y r Yi e l d Maturity U.S. Treasury Federal Agency Industrial Corporates, A Rated Section A-4© 2015 PFM Asset Management LLC Source: BofA Merrill Lynch Indices Duration Yield 3 Month 1 Year3 Years 1-3 Year Indices U.S. Treasury 1.870.63%0.31%1.16%0.67% Federal Agency 1.640.70%0.36%1.29%0.77% U.S. Corporates, A-AAA rated 1.981.53%0.36%1.37%1.38% Agency MBS (0 to 3 years)1.921.58%0.35%1.11%0.77% Municipals 1.870.74%0.57%0.85%0.88% 1-5 Year Indices U.S. Treasury 2.710.87%0.70%2.15%0.91% Federal Agency 2.070.86%0.58%1.90%0.98% U.S. Corporates, A-AAA rated 2.761.83%0.61%2.18%1.83% Agency MBS (0 to 5 years)3.402.10%0.69%2.23%1.55% Municipals 2.581.01%0.78%1.09%1.18% Master Indices (Maturities 1 Year or Greater) U.S. Treasury 6.201.42%1.90%4.10%1.38% Federal Agency 3.681.29%1.05%2.93%1.35% U.S. Corporates, A-AAA rated 6.702.88%1.23%2.82%2.27% Agency MBS (0 to 30 years)4.342.39%1.31%3.34%1.93% Municipals 6.932.38%1.70%3.16%2.94% Returns for periods greater than one year are annualized Returns for Periods ended 9/30/2015As of 9/30/2015 BofA Merrill Lynch Index Returns Section A-5© 2015 PFM Asset Management LLC Disclosures The views expressed within this material constitute the perspective and judgment of PFM Asset Management LLC (PFMAM) at the time of distribution and are subject to change. Information is obtained from sources generally believed to be reliable and available to the public; however, PFMAM cannot guarantee its accuracy, completeness, or suitability. This material is for general information purposes only and is not intended to provide specific advice or recommendation. The information contained in this report is not an offer to purchase or sell any securities. PFMAM is registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940. PFMAM’s clients are state and local governments, non-profit corporations, pension funds, and similar institutional investors. www.pfm.com © 2015 PFM Asset Management LLC. Further distribution is not permitted without prior written consent. © 2015 PFM Asset Management LLC Portfolio Summary PORTFOLIO RECAP Third Quarter 2015 The portfolio complies with the California Government Code and the City’s investment policy. Treasury yields moved up and down in response to evolving economic conditions.Low inflation and tepid economic data,both in the U.S.and abroad,pushed longer-term yields lower.Yields on securities with maturities of two years or less,the part of the curve that is most dependent on Federal Reserve policy,moved up in advance of the September FOMC meeting,but quickly reversed after the “no hike”decision.The end result was that the quarter ended with generally lower yields and a flatter yield curve than at the beginning of the quarter. PFMAM moved portfolio durations to be modestly shorter than their respective benchmarks in anticipation of a Fed rate hike sometime before the end of this year.A shorter duration is more conservative and helps mitigate the impact that rising rates have on portfolio market values. In placing investments along the yield curve,we sought to optimize the use of credit securities.For investments with longer maturities, we used corporate securities to maximize the benefit over similar-maturity Treasuries and agencies. Corporates offered higher yields at a time when economic conditions and corporate fundamentals were reasonably strong,making them look attractive relative to other fixed-income security types.Despite favorable conditions,yield spreads on corporate securities widened over the quarter,which hurt performance relative to other sectors.This was caused primarily by an apparent slowdown in economic growth in China and other emerging market economies,which reduced demand for investments with credit risk.The market’s reaction did not fundamentally alter our view on the sector,and PFMAM continued to favor the corporate sector as a key vehicle for generating incremental performance over the longer term. Aggregate Portfolio September 30, 2015 June 30, 2015 Aggregate Market Value $39,947,956.15 $39,705,239.30 Aggregate Amortized Cost $39,734,243.31 $39,617,665.09 Section B-1 © 2015 PFM Asset Management LLC PORTFOLIO STRATEGY We expect the U.S.economy to continue to expand,but at a slightly slower pace.An open question is how much evolving market conditions—the slowdown in emerging market economies,more volatile equity markets,and falling commodity prices—will impact the U.S.economy.This is important because it could delay Fed action or affect yield relationships between sectors. The FOMC continues to monitor economic progress towards its dual objectives of full employment and price stability.It recently added an acknowledgement that global economic instability has the potential to affect Fed policy.Because this creates a new level of uncertainty about the timing and pace of future rate hikes,our strategy may need to adapt to changing conditions throughout the fourth quarter.At present,we believe the Fed will raise rates in late 2015 or early 2016,and the subsequent pace of rate increases will likely be gradual and prolonged.If this occurs as expected,it is likely that rates on the shorter end of the curve will again rise ahead of upcoming FOMC meetings while longer maturities will remain range bound in response to tempered global growth and dampened inflation expectations. Duration management in this environment will be particularly tricky.We started the quarter with portfolio durations generally shorter and more conservative than respective benchmarks.We believe this is appropriate given the potential for a Fed rate hike over the next few months. We will continue to monitor the spread relationship between Treasuries and comparable-maturity Federal Agencies,adding to the Agency sector when attractive issues are identified and reducing exposure when the benefit diminishes.We do not expect the Agency sector to be a significant driver of performance,as the sector’s yield advantage remains near historically low levels. We will continue to examine the impact that economic growth concerns have on the corporate sector as a whole,and on specific issuers.Because of recent spread widening,we believe the corporate sector has good value today,and we plan to continue to emphasize the sector.In doing so,we will select industry,issuer,and maturity allocations strategically in response to evolving market conditions. Yields on commercial paper and CDs remain very attractive compared to government-related money market securities.In this area, yields will be even more driven by Fed rate expectations.We will continue to utilize these sectors to target known cash flow needs and as a part of our overall duration and yield curve strategy. Third Quarter 2015 Section B-2 © 2015 PFM Asset Management LLC Sector Summary Portfolio Characteristics Maturity Distribution •Ratings Standard and Poor’s. •Percentages may not add up to 100% due to rounding. Portfolio Composition and Credit Quality Characteristics –City Portfolio Third Quarter 2015 Security Type Market Value As of 09/30/15 % of Portfolio % Permitted by Policy In Compliance U.S. Treasuries $11,014,923 37%100% Federal Agencies $6,586,949 22%100% Corporate Notes $8,696,542 29%30% Certificates of Deposit $2,808,777 9%30% Agency CMO $136,307 0.5%20% Municipal Bonds $294,774 1%100% CAMP $131,742 0.4%100% TOTAL $29,670,014 100% 2.52 AA+ Duration (09/30/15) Average Credit Quality U.S. Treasuries 37% Federal Agencies 22% Certificates of Deposit 9% Agency CMO 0.5% Municipal 1% Corporate Notes 29% CAMP 0.4% 0.4%4% 37% 22% 17%19% 0.3%3% 37% 25% 17%17% 0% 10% 20% 30% 40% 50% Under 6 Months 6-Months to 1-Year 1- to 2-Years 2- to 3-Years 3- to 4-Years 4- to 5-Years City - September 30, 2015 City - June 30, 2015 Section B-3 © 2015 PFM Asset Management LLC Sector Summary Portfolio Characteristics Maturity Distribution Portfolio Composition and Credit Quality Characteristics –Successor Agency Portfolio Third Quarter 2015 Security Type Market Value As of 09/30/15 % of Portfolio % Permitted by Policy In Compliance U.S. Treasuries $2,356,006 45%100% Federal Agencies $1,177,589 22%100% Corporate Notes $1,346,408 26%30% Certificates of Deposit $200,410 4%30% Agency CMO $25,242 0.5%20% Municipal Bonds $30,230 1%100% CAMP $104,087 2%100% TOTAL $5,239,972 100% 2.55 AA+Average Credit Quality Duration (09/30/15) U.S. Treasuries 45% Federal Agencies 22% Agency CMO 0.5% Certificates of Deposit 4% Municipal 1% Corporate Notes 26% CAMP 2% 2%4% 33% 21%22%17% 1%4% 35% 21%21%17% 0% 10% 20% 30% 40% 50% Under 6 Months 6-Months to 1-Year 1- to 2-Years 2- to 3-Years 3- to 4-Years 4- to 5-Years Successor Agency - September 30, 2015 Successor Agency - June 30, 2015 •Ratings Standard and Poor’s. •Percentages may not add up to 100% due to rounding. Section B-4 © 2015 PFM Asset Management LLC Sector Summary Portfolio Characteristics Maturity Distribution Portfolio Composition and Credit Quality Characteristics –Housing Fund Portfolio Third Quarter 2015 Security Type Market Value As of 09/30/15 % of Portfolio % Permitted by Policy In Compliance U.S. Treasuries $2,235,684 44%100% Federal Agencies $1,047,474 21%100% Corporate Notes $1,427,562 28%30% Certificates of Deposit $200,410 4%30% Agency CMO $25,242 1%20% Municipal Bonds $30,230 1%100% CAMP $71,367 1%100% TOTAL $5,037,970 100% 2.48 AA+ Duration (09/30/15) Average Credit Quality 1%5% 34% 29% 13% 18% 1%4% 35% 31% 12% 18% 0% 10% 20% 30% 40% 50% Under 6 Months 6-Months to 1-Year 1- to 2-Years 2- to 3-Years 3- to 4-Years 4- to 5-Years Housing Fund - September 30, 2015 Housing Fund - June 30, 2015 U.S. Treasuries 44% Federal Agencies 21% Corporate Notes 28% Certificates of Deposit 4% Agency CMO 1% Municipal 1% CAMP 1% •Ratings Standard and Poor’s. •Percentages may not add up to 100% due to rounding. Section B-5 © 2015 PFM Asset Management LLC Portfolio Performance Third Quarter 2015 1.Performance on trade-date basis, gross (i.e., before fees), in accordance with the CFA Institute’s Global Investment Performance Standards (GIPS). 2.Merrill Lynch Indices provided by Bloomberg Financial Markets. 3.Quarterly returns are presented on an unannualized basis. Performance numbers for periods greater than one year are presented on an annualized basis. 4.The City portfolio’s inception date is September 2010. 5.The Successor Agency portfolio’s inception date is March 2011. 6.The Housing Fund portfolio’s inception date is June 2012. Duration Periodic Past Past Past (years)Return 3 1 Year 2 Years 3 Years City Portfolio 2.52 0.64%1.96%1.49%1.03%1.53% Successor Agency Portfolio 2.55 0.64%1.99%1.51%1.00%1.57% Housing Funds Portfolio 2.48 0.60%1.95%1.47%1.00%1.10% 1.25%4 1.54%5 0.99%6 Portfolio Bank of America Merrill Lynch 1-5 Year U.S. Treasury Index2 0.91%2.64 0.70%2.15%1.39% Total Returns1 Quarter Ended 09/30/15 Annualized Returns Since Inception4,5,6 Section B-6 For the Month Ending September 30, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par U.S. Treasury Bond / Note US TREASURY NOTES DTD 10/31/2011 1.000% 10/31/2016 100,640.60 100,562.17 418.48 100,601.56 09/03/1509/02/15AaaAA+ 100,000.00 912828RM4 0.48 US TREASURY NOTES DTD 01/03/2012 0.875% 12/31/2016 188,942.44 187,913.15 415.72 187,662.18 01/26/1201/23/12AaaAA+ 188,000.00 912828RX0 0.91 US TREASURY NOTES DTD 02/29/2012 0.875% 02/28/2017 100,518.20 99,910.53 74.52 99,691.41 03/15/1203/13/12AaaAA+ 100,000.00 912828SJ0 0.94 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 176,276.10 175,696.00 4.78 176,421.88 03/03/1402/27/14AaaAA+ 175,000.00 912828SM3 0.73 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 251,823.00 250,287.03 6.83 250,576.17 03/21/1403/19/14AaaAA+ 250,000.00 912828SM3 0.92 US TREASURY NOTES DTD 11/30/2012 0.625% 11/30/2017 124,772.13 123,528.26 262.55 122,597.66 05/09/1405/06/14AaaAA+ 125,000.00 912828UA6 1.18 US TREASURY NOTES DTD 07/31/2013 1.375% 07/31/2018 101,339.80 101,265.45 231.66 101,554.69 02/04/1502/02/15AaaAA+ 100,000.00 912828VQ0 0.92 US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 20,160.42 19,848.10 84.02 19,790.63 07/07/1407/01/14AaaAA+ 20,000.00 912828A34 1.50 US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 75,601.58 74,627.25 315.06 74,475.59 06/03/1406/02/14AaaAA+ 75,000.00 912828A34 1.41 US TREASURY NOTES DTD 01/31/2014 1.500% 01/31/2019 177,629.55 174,392.23 442.26 174,186.52 07/31/1407/29/14AaaAA+ 175,000.00 912828B33 1.61 US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 25,458.33 25,021.18 1.11 25,027.34 09/04/1409/02/14AaaAA+ 25,000.00 912828C65 1.60 US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 101,833.30 100,122.90 4.44 100,156.25 10/06/1410/02/14AaaAA+ 100,000.00 912828C65 1.59 US TREASURY NOTES DTD 05/15/2009 3.125% 05/15/2019 107,099.00 105,700.87 1,180.37 107,085.94 11/03/1410/30/14AaaAA+ 100,000.00 912828KQ2 1.50 US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 148,800.75 148,230.17 4.10 148,048.83 04/30/1504/28/15AaaAA+ 150,000.00 912828TR1 1.30 For the Month Ending September 30, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par U.S. Treasury Bond / Note US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 223,201.13 221,332.71 6.15 220,807.62 02/27/1502/26/15AaaAA+ 225,000.00 912828TR1 1.42 US TREASURY NOTES DTD 09/30/2014 1.750% 09/30/2019 229,769.55 228,102.96 10.76 228,489.26 03/27/1503/26/15AaaAA+ 225,000.00 912828F39 1.39 US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 198,005.20 196,424.89 672.13 196,140.63 05/29/1505/28/15AaaAA+ 200,000.00 912828UB4 1.44 4,134.94 2,351,871.08 2,332,965.85 1.20 2,333,314.16 2,333,000.00 Security Type Sub-Total Municipal Bond / Note CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 30,203.40 30,073.62 26.32 30,084.30 03/25/1503/16/15Aa3AA 30,000.00 20772JZK1 1.90 26.32 30,203.40 30,073.62 1.90 30,084.30 30,000.00 Security Type Sub-Total Federal Agency Collateralized Mortgage Obligation FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 25,209.83 25,208.45 32.29 25,249.91 04/30/1504/15/15AaaAA+ 25,000.00 3136ANJY4 0.83 32.29 25,209.83 25,208.45 0.83 25,249.91 25,000.00 Security Type Sub-Total Federal Agency Bond / Note FHLB NOTES DTD 08/07/2014 0.500% 09/28/2016 135,102.87 134,858.82 5.63 134,696.25 08/07/1408/06/14AaaAA+ 135,000.00 3130A2T97 0.61 FHLMC NOTES DTD 08/16/2013 0.875% 10/14/2016 100,428.50 100,104.72 405.90 100,304.00 10/03/1310/01/13AaaAA+ 100,000.00 3137EADS5 0.77 FANNIE MAE GLOBAL NOTES DTD 07/20/2012 0.875% 08/28/2017 100,138.60 100,096.50 80.21 100,248.00 09/10/1209/06/12AaaAA+ 100,000.00 3135G0MZ3 0.82 FANNIE MAE GLOBAL NOTES DTD 09/24/2012 0.875% 10/26/2017 225,674.78 224,067.68 847.66 223,260.75 12/03/1311/27/13AaaAA+ 225,000.00 3135G0PQ0 1.08 FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 74,954.93 74,388.72 236.98 73,863.75 05/31/1305/24/13AaaAA+ 75,000.00 3135G0WJ8 1.19 For the Month Ending September 30, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par Federal Agency Bond / Note FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 149,909.85 149,321.76 473.96 148,732.50 05/24/1305/22/13AaaAA+ 150,000.00 3135G0WJ8 1.05 FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 106,877.40 105,773.98 587.71 105,997.50 10/23/1410/22/14AaaAA+ 105,000.00 3135G0YT4 1.39 FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 127,235.00 125,003.01 699.65 125,003.75 06/19/1406/16/14AaaAA+ 125,000.00 3135G0YT4 1.62 FREDDIE MAC NOTES DTD 04/16/2012 1.750% 05/30/2019 153,047.25 151,398.35 882.29 151,704.00 12/03/1412/01/14AaaAA+ 150,000.00 3137EADG1 1.49 4,219.99 1,173,369.18 1,165,013.54 1.12 1,163,810.50 1,165,000.00 Security Type Sub-Total Corporate Note WALT DISNEY CO CORPORATE NOTE DTD 02/14/2012 1.125% 02/15/2017 251,239.50 249,732.10 359.38 249,105.00 06/14/1206/11/12A2A 250,000.00 25468PCS3 1.20 US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 252,236.75 250,000.00 1,558.33 255,340.00 07/30/1207/25/12A1A+ 250,000.00 91159HHD5 1.19 3M COMPANY GLOBAL NOTES DTD 06/26/2012 1.000% 06/26/2017 125,503.88 124,796.38 329.86 124,423.75 06/26/1206/21/12Aa3AA- 125,000.00 88579YAE1 1.10 IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 100,067.30 99,780.69 184.03 99,542.00 02/08/1302/05/13Aa3AA- 100,000.00 459200HK0 1.35 BANK OF NEW YORK MELLON (CALLABLE) DTD 03/06/2013 1.350% 03/06/2018 124,712.88 124,982.07 117.19 124,963.75 03/06/1303/04/13A1A+ 125,000.00 06406HCJ6 1.36 MICROSOFT CORP GLOBAL NOTES DTD 05/02/2013 1.000% 05/01/2018 49,908.80 49,983.52 208.33 49,968.50 05/02/1304/25/13AaaAAA 50,000.00 594918AS3 1.01 APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 54,743.15 54,893.57 226.11 54,797.05 05/03/1304/30/13Aa1AA+ 55,000.00 037833AJ9 1.08 CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 80,620.80 80,000.00 370.32 80,000.00 06/24/1306/17/13Aa1AA 80,000.00 166764AE0 1.72 For the Month Ending September 30, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par Corporate Note CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 50,627.05 50,364.97 88.54 50,475.00 09/04/1408/29/14A1AA- 50,000.00 17275RAR3 1.90 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 50,627.05 50,459.70 88.54 50,469.50 09/04/1509/01/15A1AA- 50,000.00 17275RAR3 1.85 AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 100,698.00 99,852.49 287.50 99,815.00 09/09/1409/04/14A1A+ 100,000.00 02665WAH4 2.29 JP MORGAN CHASE & CO CORP NT (CALLABLE) DTD 06/23/2015 2.750% 06/23/2020 100,855.80 100,490.07 748.61 100,497.00 09/04/1509/01/15A3A 100,000.00 46625HLW8 2.64 4,566.74 1,341,840.96 1,335,335.56 1.47 1,339,396.55 1,335,000.00 Security Type Sub-Total Certificate of Deposit HSBC BANK USA NA CD DTD 02/13/2015 0.880% 08/15/2016 100,113.10 100,000.00 110.00 100,000.00 02/13/1502/11/15P-1A-1+ 100,000.00 40428AC54 0.88 NORDEA BANK FINLAND NY CD DTD 05/29/2015 1.150% 05/26/2017 99,788.00 100,000.00 399.31 100,000.00 05/29/1505/27/15Aa3AA- 100,000.00 65558LFA5 1.15 509.31 199,901.10 200,000.00 1.02 200,000.00 200,000.00 Security Type Sub-Total 5,088,000.00 5,091,855.42 1.25 13,489.59 5,088,597.02 5,122,395.55 Managed Account Sub-Total Money Market Fund CAMP Pool 104,086.83 104,086.83 0.00 104,086.83 NRAAAm 104,086.83 104,086.83 104,086.83 0.00 104,086.83 104,086.83 Money Market Sub-Total $5,192,086.83 $5,195,942.25 $13,489.59 $5,192,683.85 $5,226,482.38 1.25% $5,239,971.97 $13,489.59 Total Investments Accrued Interest Securities Sub-Total For the Month Ending September 30, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par U.S. Treasury Bond / Note US TREASURY NOTES DTD 01/03/2012 0.875% 12/31/2016 100,501.30 99,953.80 221.13 99,820.31 01/26/1201/23/12AaaAA+ 100,000.00 912828RX0 0.91 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 277,005.30 276,093.71 7.51 277,234.38 03/03/1402/27/14AaaAA+ 275,000.00 912828SM3 0.73 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 302,187.60 300,344.44 8.20 300,691.41 03/21/1403/19/14AaaAA+ 300,000.00 912828SM3 0.92 US TREASURY NOTES DTD 04/30/2012 0.875% 04/30/2017 251,250.00 250,977.86 915.42 251,376.95 02/05/1502/04/15AaaAA+ 250,000.00 912828SS0 0.63 US TREASURY NOTES DTD 10/01/2012 0.625% 09/30/2017 99,953.10 99,760.94 1.71 99,417.97 10/31/1210/26/12AaaAA+ 100,000.00 912828TS9 0.75 US TREASURY NOTES DTD 11/30/2012 0.625% 11/30/2017 149,726.55 148,233.92 315.06 147,117.19 05/09/1405/06/14AaaAA+ 150,000.00 912828UA6 1.18 US TREASURY NOTES DTD 07/31/2013 1.375% 07/31/2018 101,339.80 101,265.45 231.66 101,554.69 02/04/1502/02/15AaaAA+ 100,000.00 912828VQ0 0.92 US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 95,762.00 94,527.84 399.08 94,335.74 06/03/1406/02/14AaaAA+ 95,000.00 912828A34 1.41 US TREASURY NOTES DTD 01/31/2014 1.500% 01/31/2019 177,629.55 174,392.23 442.26 174,186.52 07/31/1407/29/14AaaAA+ 175,000.00 912828B33 1.61 US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 25,458.33 25,021.18 1.11 25,027.34 09/04/1409/02/14AaaAA+ 25,000.00 912828C65 1.60 US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 74,400.38 74,115.08 2.05 74,024.41 04/30/1504/28/15AaaAA+ 75,000.00 912828TR1 1.30 US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 173,600.88 172,147.66 4.78 171,739.26 02/27/1502/26/15AaaAA+ 175,000.00 912828TR1 1.42 US TREASURY NOTES DTD 09/30/2014 1.750% 09/30/2019 255,299.50 253,447.73 11.95 253,876.95 03/27/1503/26/15AaaAA+ 250,000.00 912828F39 1.39 US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 148,503.90 147,318.67 504.10 147,105.47 05/29/1505/28/15AaaAA+ 150,000.00 912828UB4 1.44 For the Month Ending September 30, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par 3,066.02 2,232,618.19 2,217,600.51 1.10 2,217,508.59 2,220,000.00 Security Type Sub-Total Municipal Bond / Note CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 30,203.40 30,073.62 26.32 30,084.30 03/25/1503/16/15Aa3AA 30,000.00 20772JZK1 1.90 26.32 30,203.40 30,073.62 1.90 30,084.30 30,000.00 Security Type Sub-Total Federal Agency Collateralized Mortgage Obligation FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 25,209.83 25,208.45 32.29 25,249.91 04/30/1504/15/15AaaAA+ 25,000.00 3136ANJY4 0.83 32.29 25,209.83 25,208.45 0.83 25,249.91 25,000.00 Security Type Sub-Total Federal Agency Bond / Note FHLB NOTES DTD 08/07/2014 0.500% 09/28/2016 135,102.87 134,858.82 5.63 134,696.25 08/07/1408/06/14AaaAA+ 135,000.00 3130A2T97 0.61 FHLMC NOTES DTD 08/16/2013 0.875% 10/14/2016 100,428.50 100,104.72 405.90 100,304.00 10/03/1310/01/13AaaAA+ 100,000.00 3137EADS5 0.77 FREDDIE MAC GLOBAL NOTES DTD 05/14/2012 1.000% 06/29/2017 30,204.66 30,017.48 76.67 30,028.62 08/13/1408/11/14AaaAA+ 30,000.00 3137EADH9 0.97 FREDDIE MAC GLOBAL NOTES DTD 05/14/2012 1.000% 06/29/2017 120,818.64 120,085.71 306.67 120,140.40 08/13/1408/11/14AaaAA+ 120,000.00 3137EADH9 0.96 FREDDIE MAC GLOBAL NOTES DTD 08/10/2012 1.000% 09/29/2017 176,059.10 175,756.05 9.72 176,867.25 10/05/1210/04/12AaaAA+ 175,000.00 3137EADL0 0.78 FANNIE MAE GLOBAL NOTES DTD 09/24/2012 0.875% 10/26/2017 150,449.85 149,378.46 565.10 148,840.50 12/03/1311/27/13AaaAA+ 150,000.00 3135G0PQ0 1.08 FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 99,939.90 99,184.96 315.97 98,485.00 05/31/1305/24/13AaaAA+ 100,000.00 3135G0WJ8 1.19 FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 124,924.88 124,434.80 394.97 123,943.75 05/24/1305/22/13AaaAA+ 125,000.00 3135G0WJ8 1.05 For the Month Ending September 30, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par Federal Agency Bond / Note FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 106,877.40 105,773.98 587.71 105,997.50 10/23/1410/22/14AaaAA+ 105,000.00 3135G0YT4 1.39 2,668.34 1,044,805.80 1,039,594.98 0.96 1,039,303.27 1,040,000.00 Security Type Sub-Total Corporate Note WALT DISNEY CO CORPORATE NOTE DTD 02/14/2012 1.125% 02/15/2017 110,545.38 109,882.12 158.13 109,606.20 06/14/1206/11/12A2A 110,000.00 25468PCS3 1.20 US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 126,118.38 125,889.40 779.17 127,670.00 07/30/1207/25/12A1A+ 125,000.00 91159HHD5 1.19 CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 74,699.40 75,175.32 266.80 75,405.75 12/05/1211/29/12Aa1AA 75,000.00 166764AA8 0.99 CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 99,599.20 100,000.00 355.73 100,000.00 12/05/1211/28/12Aa1AA 100,000.00 166764AA8 1.10 IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 100,067.30 99,780.69 184.03 99,542.00 02/08/1302/05/13Aa3AA- 100,000.00 459200HK0 1.35 BANK OF NEW YORK MELLON (CALLABLE) DTD 03/06/2013 1.350% 03/06/2018 149,655.45 149,978.49 140.63 149,956.50 03/06/1303/04/13A1A+ 150,000.00 06406HCJ6 1.36 MICROSOFT CORP GLOBAL NOTES DTD 05/02/2013 1.000% 05/01/2018 49,908.80 49,983.52 208.33 49,968.50 05/02/1304/25/13AaaAAA 50,000.00 594918AS3 1.01 COLGATE-PALMOLIVE CO NOTES DTD 05/02/2013 0.900% 05/01/2018 99,310.30 99,750.46 375.00 99,523.00 05/02/1304/29/13Aa3AA- 100,000.00 19416QEB2 1.00 APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 54,743.15 54,893.57 226.11 54,797.05 05/03/1304/30/13Aa1AA+ 55,000.00 037833AJ9 1.08 CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 80,620.80 80,000.00 370.32 80,000.00 06/24/1306/17/13Aa1AA 80,000.00 166764AE0 1.72 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 50,627.05 50,364.97 88.54 50,475.00 09/04/1408/29/14A1AA- 50,000.00 17275RAR3 1.90 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 50,627.05 50,459.70 88.54 50,469.50 09/04/1509/01/15A1AA- 50,000.00 17275RAR3 1.85 For the Month Ending September 30, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par Corporate Note AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 100,698.00 99,852.49 287.50 99,815.00 09/09/1409/04/14A1A+ 100,000.00 02665WAH4 2.29 WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 174,570.73 176,069.19 637.53 176,223.25 02/05/1502/02/15A2A+ 175,000.00 94974BGF1 2.00 JP MORGAN CHASE & CO CORP NT (CALLABLE) DTD 06/23/2015 2.750% 06/23/2020 100,855.80 100,490.07 748.61 100,497.00 09/04/1509/01/15A3A 100,000.00 46625HLW8 2.64 4,914.97 1,422,646.79 1,422,569.99 1.54 1,423,948.75 1,420,000.00 Security Type Sub-Total Certificate of Deposit HSBC BANK USA NA CD DTD 02/13/2015 0.880% 08/15/2016 100,113.10 100,000.00 110.00 100,000.00 02/13/1502/11/15P-1A-1+ 100,000.00 40428AC54 0.88 NORDEA BANK FINLAND NY CD DTD 05/29/2015 1.150% 05/26/2017 99,788.00 100,000.00 399.31 100,000.00 05/29/1505/27/15Aa3AA- 100,000.00 65558LFA5 1.15 509.31 199,901.10 200,000.00 1.02 200,000.00 200,000.00 Security Type Sub-Total 4,935,000.00 4,936,094.82 1.20 11,217.25 4,935,047.55 4,955,385.11 Managed Account Sub-Total Money Market Fund CAMP Pool 71,367.48 71,367.48 0.00 71,367.48 NRAAAm 71,367.48 71,367.48 71,367.48 0.00 71,367.48 71,367.48 Money Market Sub-Total $5,006,367.48 $5,007,462.30 $11,217.25 $5,006,415.03 $5,026,752.59 1.20% $5,037,969.84 $11,217.25 Total Investments Accrued Interest Securities Sub-Total For the Month Ending September 30, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par U.S. Treasury Bond / Note US TREASURY NOTES DTD 01/03/2012 0.875% 12/31/2016 502,506.50 499,769.02 1,105.64 499,101.56 01/26/1201/23/12AaaAA+ 500,000.00 912828RX0 0.91 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 654,739.80 652,585.13 17.76 655,281.25 03/03/1402/27/14AaaAA+ 650,000.00 912828SM3 0.73 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 1,309,479.60 1,301,492.57 35.52 1,302,996.09 03/21/1403/19/14AaaAA+ 1,300,000.00 912828SM3 0.92 US TREASURY NOTES DTD 11/30/2012 0.625% 11/30/2017 798,541.60 790,580.87 1,680.33 784,625.00 05/09/1405/06/14AaaAA+ 800,000.00 912828UA6 1.18 US TREASURY NOTES DTD 04/30/2013 0.625% 04/30/2018 348,204.50 348,325.96 915.42 346,814.45 05/15/1305/10/13AaaAA+ 350,000.00 912828UZ1 0.81 US TREASURY NOTES DTD 07/31/2013 1.375% 07/31/2018 886,723.25 886,072.69 2,027.00 888,603.52 02/04/1502/02/15AaaAA+ 875,000.00 912828VQ0 0.92 US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 574,571.97 567,167.05 2,394.47 566,014.45 06/03/1406/02/14AaaAA+ 570,000.00 912828A34 1.41 US TREASURY NOTES DTD 01/31/2014 1.500% 01/31/2019 482,137.35 473,350.34 1,200.41 472,791.99 07/31/1407/29/14AaaAA+ 475,000.00 912828B33 1.61 US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 162,933.28 160,135.52 7.10 160,175.00 09/04/1409/02/14AaaAA+ 160,000.00 912828C65 1.60 US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 585,541.48 575,706.70 25.53 575,898.44 10/06/1410/02/14AaaAA+ 575,000.00 912828C65 1.59 US TREASURY NOTES DTD 05/15/2009 3.125% 05/15/2019 535,495.00 528,504.33 5,901.83 535,429.69 11/03/1410/30/14AaaAA+ 500,000.00 912828KQ2 1.50 US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 297,601.50 296,460.35 8.20 296,097.66 04/30/1504/28/15AaaAA+ 300,000.00 912828TR1 1.30 US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 992,005.00 983,700.91 27.32 981,367.18 02/27/1502/26/15AaaAA+ 1,000,000.00 912828TR1 1.42 US TREASURY NOTES DTD 09/30/2014 1.750% 09/30/2019 1,276,497.50 1,267,238.69 59.77 1,269,384.77 03/27/1503/26/15AaaAA+ 1,250,000.00 912828F39 1.39 For the Month Ending September 30, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par U.S. Treasury Bond / Note US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 1,039,527.30 1,031,230.65 3,528.69 1,029,738.28 05/29/1505/28/15AaaAA+ 1,050,000.00 912828UB4 1.44 US TREASURY NOTES DTD 02/28/2013 1.250% 02/29/2020 548,897.25 544,908.40 585.51 544,822.27 09/03/1509/02/15AaaAA+ 550,000.00 912828UQ1 1.47 19,520.50 10,995,402.88 10,907,229.18 1.24 10,909,141.60 10,905,000.00 Security Type Sub-Total Municipal Bond / Note UNIV OF CAL TXBL REV BONDS DTD 04/10/2014 1.904% 05/15/2018 127,611.25 125,000.00 899.11 125,000.00 04/10/1404/04/14Aa2AA 125,000.00 91412GUV5 1.90 CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 166,118.70 165,404.92 144.76 165,463.65 03/25/1503/16/15Aa3AA 165,000.00 20772JZK1 1.90 1,043.87 293,729.95 290,404.92 1.90 290,463.65 290,000.00 Security Type Sub-Total Federal Agency Collateralized Mortgage Obligation FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 136,133.06 136,125.64 174.38 136,349.51 04/30/1504/15/15AaaAA+ 135,000.00 3136ANJY4 0.83 174.38 136,133.06 136,125.64 0.83 136,349.51 135,000.00 Security Type Sub-Total Federal Agency Bond / Note FHLB NOTES DTD 08/07/2014 0.500% 09/28/2016 775,590.55 774,189.51 32.29 773,256.25 08/07/1408/06/14AaaAA+ 775,000.00 3130A2T97 0.61 FHLMC NOTES DTD 08/16/2013 0.875% 10/14/2016 602,571.00 600,628.33 2,435.42 601,824.00 10/03/1310/01/13AaaAA+ 600,000.00 3137EADS5 0.77 FREDDIE MAC GLOBAL NOTES DTD 05/14/2012 1.000% 06/29/2017 483,274.56 480,342.86 1,226.67 480,561.60 08/13/1408/11/14AaaAA+ 480,000.00 3137EADH9 0.96 FANNIE MAE GLOBAL NOTES DTD 07/20/2012 0.875% 08/28/2017 801,108.80 800,772.02 641.67 801,984.00 09/10/1209/06/12AaaAA+ 800,000.00 3135G0MZ3 0.82 FREDDIE MAC GLOBAL NOTES DTD 08/10/2012 1.000% 09/29/2017 477,874.70 477,052.15 26.39 480,068.25 10/05/1210/04/12AaaAA+ 475,000.00 3137EADL0 0.78 For the Month Ending September 30, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par Federal Agency Bond / Note FANNIE MAE GLOBAL NOTES DTD 09/24/2012 0.875% 10/26/2017 1,002,999.00 995,856.37 3,767.36 992,270.00 12/03/1311/27/13AaaAA+ 1,000,000.00 3135G0PQ0 1.08 FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 399,759.60 396,739.83 1,263.89 393,940.00 05/31/1305/24/13AaaAA+ 400,000.00 3135G0WJ8 1.19 FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 649,609.35 647,060.97 2,053.82 644,507.50 05/24/1305/22/13AaaAA+ 650,000.00 3135G0WJ8 1.05 FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 356,258.00 350,008.42 1,959.03 350,010.50 06/19/1406/16/14AaaAA+ 350,000.00 3135G0YT4 1.62 FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 636,175.00 629,607.04 3,498.26 630,937.50 10/23/1410/22/14AaaAA+ 625,000.00 3135G0YT4 1.39 FREDDIE MAC NOTES DTD 04/16/2012 1.750% 05/30/2019 382,618.13 378,495.87 2,205.73 379,260.00 12/03/1412/01/14AaaAA+ 375,000.00 3137EADG1 1.49 19,110.53 6,567,838.69 6,530,753.37 1.02 6,528,619.60 6,530,000.00 Security Type Sub-Total Corporate Note WALT DISNEY CO CORPORATE NOTE DTD 02/14/2012 1.125% 02/15/2017 703,470.60 699,249.87 1,006.25 697,494.00 06/14/1206/11/12A2A 700,000.00 25468PCS3 1.20 WAL-MART STORES INC SR NOTES DTD 04/05/2007 5.375% 04/05/2017 502,720.46 495,550.64 12,350.56 551,822.30 04/11/1204/05/12Aa2AA 470,000.00 931142CG6 1.72 BERKSHIRE HATHAWAY FIN GLOBAL NOTES DTD 05/15/2012 1.600% 05/15/2017 353,511.55 351,899.41 2,115.56 354,987.50 01/15/1301/08/13Aa2AA 350,000.00 084664BS9 1.26 US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 706,262.90 700,000.00 4,363.33 714,952.00 07/30/1207/25/12A1A+ 700,000.00 91159HHD5 1.19 JOHN DEERE CAPITAL CORP NOTES DTD 06/12/2014 1.125% 06/12/2017 434,761.19 434,883.50 1,481.72 434,795.55 06/12/1406/09/14A2A 435,000.00 24422ESN0 1.14 HSBC USA INC DTD 06/23/2014 1.300% 06/23/2017 249,565.00 249,779.33 884.72 249,620.00 06/23/1406/16/14A2A 250,000.00 40434CAA3 1.35 For the Month Ending September 30, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par Corporate Note 3M COMPANY GLOBAL NOTES DTD 06/26/2012 1.000% 06/26/2017 326,310.08 324,470.58 857.64 323,501.75 06/26/1206/21/12Aa3AA- 325,000.00 88579YAE1 1.10 CATERPILLAR FINANCIAL SE DTD 08/20/2014 1.250% 08/18/2017 320,630.40 319,898.78 477.78 319,840.00 08/20/1408/13/14A2A 320,000.00 14912L6D8 1.27 AMERICAN EXPRESS CREDIT CORP NOTES DTD 09/23/2014 1.550% 09/22/2017 200,553.80 199,821.96 77.50 199,732.00 09/23/1409/18/14A2A- 200,000.00 0258M0DR7 1.60 CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 149,398.80 150,000.00 533.60 150,000.00 12/05/1211/28/12Aa1AA 150,000.00 166764AA8 1.10 CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 174,298.60 175,409.07 622.53 175,946.75 12/05/1211/29/12Aa1AA 175,000.00 166764AA8 0.99 IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 250,168.25 249,451.73 460.07 248,855.00 02/08/1302/05/13Aa3AA- 250,000.00 459200HK0 1.35 BERKSHIRE HATHAWAY GLOBAL NOTE DTD 02/11/2013 1.550% 02/09/2018 403,247.60 399,732.31 895.56 399,444.00 02/11/1301/29/13Aa2AA 400,000.00 084670BH0 1.58 WAL-MART STORES INC GLOBAL NOTES DTD 04/11/2013 1.125% 04/11/2018 299,768.40 299,858.51 1,593.75 299,724.00 04/11/1304/04/13Aa2AA 300,000.00 931142DF7 1.14 MICROSOFT CORP GLOBAL NOTES DTD 05/02/2013 1.000% 05/01/2018 154,717.28 154,948.90 645.83 154,902.35 05/02/1304/25/13AaaAAA 155,000.00 594918AS3 1.01 APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 308,552.30 309,400.10 1,274.44 308,856.10 05/03/1304/30/13Aa1AA+ 310,000.00 037833AJ9 1.08 CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 443,414.40 440,000.00 2,036.78 440,000.00 06/24/1306/17/13Aa1AA 440,000.00 166764AE0 1.72 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 273,386.07 271,970.82 478.13 272,565.00 09/04/1408/29/14A1AA- 270,000.00 17275RAR3 1.90 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 303,762.30 302,758.18 531.25 302,817.00 09/04/1509/01/15A1AA- 300,000.00 17275RAR3 1.85 AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 579,013.50 574,151.83 1,653.13 573,936.25 09/09/1409/04/14A1A+ 575,000.00 02665WAH4 2.29 For the Month Ending September 30, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par Corporate Note GENERAL ELECTRIC CAP CORP NOTES DTD 01/08/2010 5.500% 01/08/2020 286,096.25 285,047.82 3,170.14 289,082.50 03/25/1503/20/15A1AA+ 250,000.00 36962G4J0 2.05 WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 74,816.03 75,259.65 273.23 75,288.00 03/27/1503/24/15A2A+ 75,000.00 94974BGF1 2.07 WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 374,080.13 377,291.11 1,366.15 377,621.25 02/05/1502/02/15A2A+ 375,000.00 94974BGF1 2.00 TOYOTA MOTOR CORP NOTES DTD 03/12/2015 2.150% 03/12/2020 200,434.00 201,601.41 226.94 201,776.00 03/27/1503/23/15Aa3AA- 200,000.00 89236TCF0 1.96 JP MORGAN CHASE & CO CORP NT (CALLABLE) DTD 06/23/2015 2.750% 06/23/2020 579,920.85 577,817.90 4,304.51 577,857.75 09/04/1509/01/15A3A 575,000.00 46625HLW8 2.64 43,681.10 8,652,860.74 8,620,253.41 1.58 8,695,417.05 8,550,000.00 Security Type Sub-Total Certificate of Deposit HSBC BANK USA NA CD DTD 02/13/2015 0.880% 08/15/2016 450,508.95 450,000.00 495.00 450,000.00 02/13/1502/11/15P-1A-1+ 450,000.00 40428AC54 0.88 CANADIAN IMPERIAL BANK NY YCD DTD 04/10/2015 1.010% 04/06/2017 574,315.75 575,000.00 2,758.56 575,000.00 04/10/1504/06/15P-1A-1 575,000.00 13606JYY9 1.01 RABOBANK NEDERLAND NV CERT DEPOS DTD 04/27/2015 1.070% 04/21/2017 573,953.50 575,000.00 2,631.90 575,000.00 04/27/1504/22/15P-1A-1 575,000.00 21684BXH2 1.07 NORDEA BANK FINLAND NY CD DTD 05/29/2015 1.150% 05/26/2017 573,781.00 575,000.00 2,296.01 575,000.00 05/29/1505/27/15Aa3AA- 575,000.00 65558LFA5 1.15 TORONTO DOMINION BANK NY YCD DTD 06/19/2015 1.240% 06/16/2017 625,818.75 625,000.00 2,217.36 625,000.00 06/19/1506/16/15Aa1AA- 625,000.00 89113ESN7 1.25 10,398.83 2,798,377.95 2,800,000.00 1.08 2,800,000.00 2,800,000.00 Security Type Sub-Total 29,210,000.00 29,359,991.41 1.28 93,929.21 29,284,766.52 29,444,343.27 Managed Account Sub-Total Money Market Fund For the Month Ending September 30, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/MaturityCUSIP RatingRatingDateDate Costat CostInterest Cost Value Security Type/Description S&PMoody's OriginalYTMAccruedAmortized MarketTradeSettle Par Money Market Fund CAMP Pool 131,741.86 131,741.86 0.00 131,741.86 NRAAAm 131,741.86 131,741.86 131,741.86 0.00 131,741.86 131,741.86 Money Market Sub-Total $29,341,741.86 $29,491,733.27 $93,929.21 $29,416,508.38 $29,576,085.13 1.28% $29,670,014.34 $93,929.21 Total Investments Accrued Interest Securities Sub-Total