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Item No. 01 Investment Report for November 2016
Text File City of Lake Elsinore 130 South Main Street Lake Elsinore, CA 92530 www.lake-elsinore.org File Number: ID# 16-460 Agenda Date: 12/13/2016 Status: Consent AgendaVersion: 1 File Type: ReportIn Control: Successor Agency Agenda Number: 1) Page 1 City of Lake Elsinore Printed on 12/8/2016 REPORT TO SUCCESSOR AGENCY BOARD OF THE REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE To:Honorable Agency Chairman and Members of the Successor Agency From:Grant Yates, Executive Director Prepared by:Andrew Zavala, Accountant I Approved by:Jason Simpson, Assistant Executive Director Date:December 13, 2016 Subject:Investment Report for November 2016 Recommendation Receive and file the Investment Report for November 2016. Background and 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. Fiscal Impact No fiscal impact. Exhibits A: Investment Report for November 2016 CITY OF LAKE ELSINORE INVESTMENT REPORT BANK DEPOSITS OUTSTANDING BOOK CASH ACCOUNTS BALANCE IN TRANSIT CHECKS BALANCE Bank Accounts: General Checking Account 1,074,747$ 12,847$ (342,082)$ 745,511$ Cash On Hand: Cashier Drawers #1 & #2 - - - 300 City of Lake Elsinore Petty Cash Fund - - - 1,000 Total Cash Accounts 1,074,747 12,847 (342,082) 746,811 INVESTMENTS City Investments: City Local Agency Investment Fund 13,619,815 - 13,619,815 City Local Agency Investment Fund for the PFA 330,938 - - 330,938 City CAMP Investments: CAMP Pool Account 78,734 - - 78,734 U.S. Treasury Bond / Note 9,754,773 - - 9,754,773 Municipal Bond / Note 290,464 - - 290,464 Federal Agency Collateralized Mortgage Obligation 530,253 - - 530,253 Federal Agency Bond / Note 8,874,612 - - 8,874,612 Corporate Note 6,410,361 - - 6,410,361 Certificate of Deposit 4,075,000 - - 4,075,000 Housing CAMP Investments: Housing CAMP Pool Account 13,649 - - 13,649 Housing U.S. Treasury Bond / Notes 1,746,904 - - 1,746,904 Housing Municipal Bond / Notes 30,084 - - 30,084 Housing Federal Agency Collateralized Mortgage 95,951 - - 95,951 Housing Federal Agency Bond / Notes 1,485,945 - - 1,485,945 Housing Corporate Notes 1,318,456 - - 1,318,456 Housing Certificate of Deposit 400,000 - - 400,000 Successor Investments: Successor Local Agency Investment Fund 3,996,855 - - 3,996,855 Successor CAMP Investments: Successor CAMP Pool Account 22,926 - - 22,926 Successor U.S. Treasury Bond / Notes 1,846,611 - - 1,846,611 Successor Municipal Bond / notes 30,084 - - 30,084 Successor Federal Agency Collaterized Mortgage 95,951 - - 95,951 Successor Federal Agency Bond / Notes 1,781,369 - - 1,781,369 Successor Corporate Notes 1,120,612 - - 1,120,612 Successor Certificate of Deposit 400,000 - - 400,000 Sub-total Investments 58,350,346 - - 58,350,346 Market Value Adjustment: Unrealized Gain/ (Loss) at 06-30-16 City 441,611 - - 441,611 Unrealized Gain/ (Loss) at 06-30-16 SARDA 70,791 - - 70,791 Total Unrealized Gain/ (Loss) at 06-30-16 per GASB 31 512,402 - - 512,402 Total Investments 58,862,748 - - 58,862,748 Total Pooled Cash and Investments 59,937,495$ 12,847$ (342,082)$ 59,609,559$ TOTAL POOLED CASH AND INVESTMENTS 59,609,559$ 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 16, 2016. 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 5, 2016 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 NOVEMBER 30, 2016 FUND NO FUND NAME AMOUNT 100 General Fund 10,197,452$ 101 Supplemental Law Enforcement Fund 62,657 104 Traffic Offender Fund 11,842 106 Affordable Housing In Lieu Fund 2,897,639 107 Developer Agreement Revenue 1,196,962 110 State Gas Tax Fund 1,478,678 111 TUMF C.I.P. Fund 2,706 112 Measure A Fund 1,226,130 114 SB1186 CASP Education Program Fund 6,334 115 Traffic Safety Fund 92,380 116 City Hall-Public Works DIF Fund 1,236,488 117 Community Center DIF Fund 543,243 118 Lake Side Facility DIF Fund 670,365 119 Animal Shelter DIF Fund 29,790 121 T.R.I.P.-2014A 128 135 Lighting & Landscape Maintenance Fund - Dist. No. 1 416,429 140 Geothermal Fund 20,032 150 C.D.B.G. Fund 6,435 155 CSA152 -- N.P.D.E.S.63,459 160 PEG Grant Fund 23,737 205 Traffic Impact Fee Fund 3,797,923 211 Storm Drain C.I.P. Fund 2,402,252 221 Quimby Park C.I.P. Fund 16,427 231 Library C.I.P. Fund 1,721,255 232 City Fire Protection Fund 62,886 254 AD 89-1 Railroad Canyon Rd. Improvement Fund 126,253 268 CFD 2006-2 Viscaya Improvement 221 300 Insurance Service 269,855 320 Facilities Service 470,381 331 CFD 2006-1CC Summerly Improvement Area CC 4,754 332 CFD 2006-1 Improvement Area B, Summerly 7,207 333 CFD 2015-3 Terracina 4,839 334 CFD 2015-5 Trieste - Far West Industries 21,701 336 CFD 2006-1FF Summerly Improvement Area FF 17,006 345 CFD 2003-2S Improvement Area D, Canyon Hills 7,388 346 CFD 2014-1 Southshore Debt Service Fund 63,494 347 CFD 2006-1 Improvement Area A, Summerly 11,978 350 CFD 98-1 Summerhill Debt Service Fund 32,517 352 AD 86-1 Debt Service Fund 659,115 354 CFD 90-2 Successor RDA Debt Service Fund 251,893 357 CFD 2003-2 Canyon Hills Debt Service Fund 44,772 366 CFD 2005-6 City Center Townhomes Debt Service Fund 33,567 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 NOVEMBER 30, 2016 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 NOVEMBER 30, 2016 368 CFD 2006-2 Viscaya Debt Service Fund 61,775 369 CFD 2004-3 Area 1 Rosetta Canyon Debt Service Fund 214,400 371 CFD 2005-1 Serenity Debt Service Fund 19,963 372 CFD 2005-2 Alberhill Ranch Debt Service Fund 14,821 374 CFD 2005-4 Lakeview Villas Debt Service Fund 44,944 375 CFD 2006-4 Tract No. 30698 & 32129 Debt Service Fund 15,952 376 CFD 2006-3 La Strada Debt Service Fund 19,964 377 CFD 2006-6 Tessara Debt Service Fund 9,130 378 CFD 2006-8 Tract No. 31957 Debt Service Fund 46,051 384 CFD 2003-2 Area B Canyon Hills Debt Service Fund 30,227 385 CFD 2004-3 Area 2 Rosetta Canyon Debt Service Fund 45,893 386 CFD 2007-4 Mekenna Debt Service Fund 13,382 387 CFD 2007-5 Red Kite Debt Service Fund 63,456 388 CFD 2007-6 Holiday Inn Debt Service Fund 3,764 389 CFD 88-3 (2008A) West Lake Elsinore Debt Service Fund 26,864 390 CFD 2003-2 Area C Canyon Hills Debt Service Fund 31,901 392 CFD 95-1 City Center Debt Service Fund 20,950 393 AD 93-1 Debt Service Fund 24,986 394 CFD 2005-5 (2012A) Wasson Canyon Debt Service Fund 25,434 500 Capital Improvement Plan 1,257,039 520 Successor Agency RDA Area II 2,011,817 530 Successor Agency RDA Area III 1,031,351 540 Successor Area RDA Diamond Stadium 2,707,884 604 Endowment Trust Fund 31,388 605 Public Improvement Trust Fund 866,721 606 Mobile Source Air Polution Reduction Fund 238,500 608 Trust Deposit & Pre Paid Expense Fund 5,833,122 617 Successor Agency Housing Fund 12,144,468 620 Cost Recovery System Fund 1,825,286 631 Lake Destratification Equipment Replacement Fund 214,069 731 LEPFA 2011 Series B 2 734 LEPFA 2013 Series C 409,888 736 LEPFA 2013 Series A 20 780 LEPFA General 93,578 Total Pooled Cash & Investments 59,609,559$ DIVERSIFICATION MAXIMUM TYPES OF SECURITIES PERCENTAGE PERCENTAGE U.S. Treasury Bills 0.00%Unlimited U.S. Treasury Bond / Note 22.88%Unlimited Current Balance 13,348,288$ Municipal Bond / Note 0.60%Unlimited Current Balance 350,632$ Federal Agency Collaterized Mortgage Obligation 1.24%40.00% Current Balance 722,154$ Federal Agency Bond / Note 20.81%*Unlimited Current Balance 12,141,926$ Banker's Acceptance 0.00%40.00% Certificates of Deposit 8.35%25.00% Current Balance 4,875,000$ Negotiable Certificates of Deposit 0.00%30.00% Commercial Paper 0.00%25.00% Corporate Note 15.17%30.00% Current Balance 8,849,429$ Repurchase Agreements 0.00%Unlimited Reverse Repurchase Agreements 0.00%20.00% LAIF (Local Agency Investment Fund)30.76%*$65 Million Current Balance 17,947,607$ CAMP - Pooled Sweep Account 0.20%Unlimited Current Balance 115,309$ TOTAL 100.00%*58,350,346$ 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. *Investment in LAIF may not exceed $65 million in each agency. *Totals include the City, Housing, and Successor Agency CAMP Portfolios. FOR THE MONTH ENDING NOVEMBER 30, 2016 SUMMARY OF POLICY LIMITATIONS C I T Y O F L A K E E L S I N O R E Local Agency Investment Fund Yield Purchase Date Maturity Rate 0.676%Daily 24-Hour Agency Beginning Balance Net Increase/(Decrease)Ending Balance City 14,619,815$ (1,000,000)$ 13,619,815$ City for the PFA 330,938$ -$ 330,938$ Successor Agency 3,996,855$ -$ 3,996,855$ Total Investments Held with Local Agency Investment Fund:18,947,607$ (1,000,000)$ 17,947,607$ Note: Per California State Treasurer, LAIF Statute 16429.1: Separate accounts for each governmental unit shall be maintained. LAIF accounts are subject to a $65 million cap per agency. 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 NOVEMBER 30, 2016 JOHN CHIANG TREASURER STATE OF CALIFORNIA 10/30/16 0.66 0.65 172 10/31/16 0.67 0.65 163 11/01/16 0.66 0.66 170 11/02/16 0.67 0.66 173 11/03/16 0.67 0.66 174 11/04/16 0.67 0.66 173 11/05/16 0.67 0.66 173 11/06/16 0.67 0.66 173 11/07/16 0.67 0.66 173 11/08/16 0.67 0.66 176 11/09/16 0.67 0.66 176 11/10/16 0.68 0.66 180 11/11/16 0.68 0.66 180 Oct 2016 0.654% 11/12/16 0.68 0.66 180 Sep 2016 0.634% 11/13/16 0.68 0.66 180 Aug 2016 0.614% 11/14/16 0.68 0.66 176 11/15/16 0.68 0.66 177 11/16/16 0.68 0.66 181 11/17/16 0.68 0.66 179 11/18/16 0.68 0.66 177 11/19/16 0.68 0.66 177 11/20/16 0.68 0.66 177 11/21/16 0.68 0.66 173 11/22/16 0.68 0.66 172 11/23/16 0.68 0.66 169 11/24/16 0.68 0.66 169 11/25/16 0.68 0.67 169 11/26/16 0.68 0.67 169 11/27/16 0.68 0.67 169 11/28/16 0.68 0.67 169 11/29/16 0.68 0.67 167 11/30/2016Based on data available as of Quarter to Date: Average Life: View Prior Month Daily Rates PMIA Average Monthly Effective YieldsEffective Yields 0.61% *Daily yield does not reflect capital gains or losses 165 PMIA Performance Report LAIF Performance Report Date Daily Yield* Quarter to Date Yield Average Maturity (in days)Apportionment Rate:0.60% Quarter Ending 09/30/16 .00001651908048883 1.000306032 Earnings Ratio: Fair Value Factor: Daily:0.65% Treasuries 45.05% Mortgages 0.07% Agencies 11.41% Certificates of Deposit/Bank Notes 16.48% Time Deposits 7.39% Commercial Paper 9.57% Loans 10.03% Pooled Money Investment Account Portfolio Composition 10/31/16 $70.4 billion City Funds CAMP Account For the Month Ending November 30, 2016Account Statement - Transaction Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Opening Market Value Purchases Redemptions Change in Value Closing Market Value 23,618.89 1,562,925.96 (1,507,810.64) 0.00 $78,734.21 CAMP Pool Unsettled Trades 0.00 21.46 Cash Dividends and Income Opening Market Value Purchases Redemptions Change in Value Closing Market Value 30,006,852.18 1,499,044.64 (1,490,059.22) (297,045.32) $29,718,792.28 CAMP Managed Account Unsettled Trades 0.00 74,453.63 Cash Dividends and Income November 30, 2016 October 31, 2016 Asset Summary CAMP Pool 78,734.21 23,618.89 CAMP Managed Account 29,718,792.28 30,006,852.18 $29,797,526.49 $30,030,471.07 Total Asset Allocation 0.26% CAMP Pool 99.74% CAMP Managed Account Page 1 For the Month Ending November 30, 2016Managed 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 $23,618.89 1,562,925.96 (1,507,810.64) $78,734.21 21.46 $30,006,852.18 0.00 (1,490,059.22) 1,499,044.64 0.00 (297,045.32) $29,718,792.28 $30,030,471.07 $29,797,526.49 69,465.57 (2,833.35) 7,821.41 $74,453.63 0.00 1,496,825.80 62,698.99 0.00 (1,501,877.99) (57,646.80) 0.00 Managed Account Total 29,895,467.42 29,974,201.63 113,203.27 1,496,825.80 0.00 62,698.99 (1,501,877.99) (29,884,687.61) (132,914.55) 0.00 113,203.27 3,004,636.44 0.00 62,698.99 (3,064,803.95) (29,908,306.50) (132,914.55) 21.46 Total Accrual Basis Earnings $48,715.33 $48,736.79 Transaction Summary - Managed AccountTransaction Summary - Money Market _______________________________________________ _______________________________________________ _____________________________________________________ Cash Balance $0.00 Closing Cash Balance Page 2 For the Month Ending November 30, 2016Portfolio Summary and Statistics CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Account Summary Percent Par Value Market ValueDescription U.S. Treasury Bond / Note 9,605,000.00 9,645,966.76 32.38 Municipal Bond / Note 290,000.00 292,590.60 0.98 Federal Agency Collateralized Mortgage Obligation 525,000.00 525,817.58 1.76 Federal Agency Bond / Note 8,895,000.00 8,807,159.57 29.56 Corporate Note 6,325,000.00 6,369,817.00 21.38 Certificate of Deposit 4,075,000.00 4,077,440.77 13.68 Managed Account Sub-Total 29,715,000.00 29,718,792.28 99.74% Accrued Interest 113,203.27 Total Portfolio 29,715,000.00 29,831,995.55 CAMP Pool 78,734.21 78,734.21 0.26 Total Investments 29,793,734.21 29,910,729.76 100.00% Unsettled Trades 0.00 0.00 Sector Allocation 13.68% Cert of Deposit 21.38% Corporate Note 1.76% Fed Agency CMO 29.56% Fed Agy Bond / Note 0.26% Mny Mkt Fund 0.98% Muni Bond / Note 32.38% 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 6.48%7.89% 20.39% 26.90% 19.07%19.27% 0.00% Maturity Distribution Characteristics Yield to Maturity at Cost Yield to Maturity at Market Duration to Worst Weighted Average Days to Maturity 2.54 961 1.38% 1.54% Page 3 For the Month Ending November 30, 2016Managed Account Issuer Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Credit Quality (S&P Ratings) 3.30% A 4.31% A+ 3.11% A- 5.79% A-1 1.93% A-1+ 1.77% AA 64.72% AA+ 13.45% AA- 0.26% AAAm 1.36% BBB+ Issuer Summary Percentof HoldingsIssuer Market Value 197,943.40 0.66 AMERICAN EXPRESS CO 581,791.90 1.95 AMERICAN HONDA FINANCE 308,580.20 1.04 APPLE INC 300,023.70 1.01 BANK OF NEW YORK CO INC 575,621.00 1.93 BANK OF NOVA SCOTIA 147,340.80 0.49 BB&T CORPORTATION 400,958.00 1.35 BERKSHIRE HATHAWAY INC 161,609.10 0.54 BURLINGTON NORTHERN SANTA FE 78,734.21 0.26 CAMP Pool 575,051.18 1.93 CANADIAN IMPERIAL BANK OF COMMERCE 765,680.74 2.57 CHEVRON CORP 575,388.78 1.93 CISCO SYSTEMS INC 104,770.58 0.35 CITIGROUP INC 5,488,496.39 18.43 FANNIE MAE 3,046,773.08 10.22 FEDERAL HOME LOAN BANKS 797,707.68 2.68 FREDDIE MAC 274,875.50 0.92 GENERAL ELECTRIC CO 299,149.20 1.00 GOLDMAN SACHS GROUP INC 575,968.88 1.93 HSBC HOLDINGS PLC 249,739.50 0.84 IBM CORP 580,229.05 1.95 JP MORGAN CHASE & CO 575,339.83 1.93 NORDEA BANK AB 575,816.50 1.93 ROYAL BANK OF CANADA 574,220.88 1.93 SKANDINAVISKA ENSKIDA BANKEN AB 166,425.60 0.56 STATE OF CONNECTICUT 73,528.95 0.25 STATE STREET CORPORATION 625,422.50 2.10 TORONTO-DOMINION BANK 199,618.20 0.67 TOYOTA MOTOR CORP 9,645,966.76 32.38 UNITED STATES TREASURY 126,165.00 0.42 UNIVERSITY OF CALIFORNIA 701,491.00 2.35 US BANCORP 447,098.40 1.50 WELLS FARGO & COMPANY Page 4 For the Month Ending November 30, 2016Managed Account Issuer Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS $29,797,526.49 Total 100.00% Page 5 For the Month Ending November 30, 2016Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par U.S. Treasury Bond / Note US TREASURY NOTES DTD 04/15/2015 0.750% 04/15/2018 293,939.77 294,653.99 285.68 294,504.49 04/27/1604/22/16AaaAA+ 295,000.00 912828K25 0.84 US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 370,881.71 368,829.52 12.71 367,412.89 06/03/1406/02/14AaaAA+ 370,000.00 912828A34 1.41 US TREASURY NOTES DTD 04/30/2014 1.625% 04/30/2019 373,324.08 374,963.14 514.88 375,058.59 11/14/1611/10/16AaaAA+ 370,000.00 912828D23 1.06 US TREASURY NOTES DTD 06/02/2014 1.500% 05/31/2019 382,196.78 384,081.91 15.66 384,156.25 11/14/1611/10/16AaaAA+ 380,000.00 912828WL0 1.06 US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 306,403.38 305,977.52 8.52 304,017.97 05/29/1505/28/15AaaAA+ 310,000.00 912828UB4 1.44 US TREASURY NOTES DTD 02/28/2013 1.250% 02/29/2020 545,982.25 546,225.20 1,747.24 544,822.27 09/03/1509/02/15AaaAA+ 550,000.00 912828UQ1 1.47 US TREASURY NOTES DTD 02/28/2013 1.250% 02/29/2020 1,141,599.25 1,139,086.64 3,653.31 1,135,625.00 11/09/1511/05/15AaaAA+ 1,150,000.00 912828UQ1 1.55 US TREASURY NOTES DTD 07/31/2013 2.000% 07/31/2020 582,816.55 583,607.36 3,843.75 585,848.63 12/04/1512/01/15AaaAA+ 575,000.00 912828VP2 1.58 US TREASURY NOTES DTD 09/03/2013 2.125% 08/31/2020 1,068,170.25 1,064,703.76 5,670.58 1,068,169.92 12/30/1512/28/15AaaAA+ 1,050,000.00 912828VV9 1.74 US TREASURY NOTES DTD 10/31/2013 1.750% 10/31/2020 842,493.96 852,921.56 1,258.84 855,553.13 02/03/1602/01/16AaaAA+ 840,000.00 912828WC0 1.35 US TREASURY NOTE DTD 12/02/2013 2.000% 11/30/2020 151,693.35 153,631.04 8.24 154,283.20 03/04/1603/02/16AaaAA+ 150,000.00 912828A42 1.38 US TREASURY NOTES DTD 12/31/2013 2.375% 12/31/2020 384,667.88 391,257.61 3,727.07 393,837.89 03/31/1603/30/16AaaAA+ 375,000.00 912828A83 1.28 US TREASURY N/B DTD 12/31/2015 1.750% 12/31/2020 800,687.20 812,820.60 5,858.70 814,343.75 05/31/1605/27/16AaaAA+ 800,000.00 912828N48 1.35 US TREASURY NOTES DTD 02/28/2014 2.000% 02/28/2021 580,727.58 600,742.95 2,922.65 603,121.09 07/08/1607/06/16AaaAA+ 575,000.00 912828B90 0.92 Page 6 For the Month Ending November 30, 2016Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par U.S. Treasury Bond / Note US TREASURY NOTES DTD 03/31/2016 1.250% 03/31/2021 283,622.32 293,370.97 617.45 293,692.97 06/29/1606/27/16AaaAA+ 290,000.00 912828Q37 0.98 US TREASURY NOTES DTD 06/02/2014 2.000% 05/31/2021 1,209,843.60 1,240,958.20 65.93 1,243,125.00 09/02/1609/01/16AaaAA+ 1,200,000.00 912828WN6 1.22 US TREASURY NOTES DTD 09/02/2014 2.000% 08/31/2021 326,916.85 336,819.51 1,651.93 337,200.20 10/05/1610/03/16AaaAA+ 325,000.00 912828D72 1.21 31,863.14 9,645,966.76 9,744,651.48 1.34 9,754,773.24 9,605,000.00 Security Type Sub-Total Municipal Bond / Note UNIV OF CAL TXBL REV BONDS DTD 04/10/2014 1.904% 05/15/2018 126,165.00 125,000.00 105.78 125,000.00 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 166,425.60 165,271.11 687.61 165,463.65 03/25/1503/16/15Aa3AA- 165,000.00 20772JZK1 1.90 793.39 292,590.60 290,271.11 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 135,166.85 135,502.14 174.38 136,349.51 04/30/1504/15/15AaaAA+ 135,000.00 3136ANJY4 0.83 FNMA SERIES 2015-M15 ASQ2 DTD 11/01/2015 1.898% 01/01/2019 125,588.45 125,772.11 197.74 126,249.99 11/30/1511/06/15AaaAA+ 125,000.00 3136AQSW1 1.20 FANNIE MAE SERIES 2015-M13 ASQ2 DTD 10/01/2015 1.646% 09/01/2019 265,062.28 266,799.11 363.49 267,653.68 10/30/1510/07/15AaaAA+ 265,000.00 3136AQDQ0 1.08 735.61 525,817.58 528,073.36 1.05 530,253.18 525,000.00 Security Type Sub-Total Federal Agency Bond / Note FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 398,941.20 398,168.48 97.22 393,940.00 05/31/1305/24/13AaaAA+ 400,000.00 3135G0WJ8 1.19 FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 573,477.98 573,540.60 139.76 570,141.25 05/24/1305/22/13AaaAA+ 575,000.00 3135G0WJ8 1.05 Page 7 For the Month Ending November 30, 2016Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par Federal Agency Bond / Note FHLB NOTES DTD 07/08/2016 0.625% 08/07/2018 892,008.90 897,128.81 1,781.25 896,616.00 08/12/1608/11/16AaaAA+ 900,000.00 3130A8PK3 0.82 FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 353,101.70 350,005.36 63.19 350,010.50 06/19/1406/16/14AaaAA+ 350,000.00 3135G0YT4 1.62 FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 630,538.75 627,927.36 112.85 630,937.50 10/23/1410/22/14AaaAA+ 625,000.00 3135G0YT4 1.39 FNMA BENCHMARK NOTE DTD 02/23/2016 1.000% 02/26/2019 721,377.18 723,723.00 1,913.19 723,289.00 02/23/1602/19/16AaaAA+ 725,000.00 3135G0J53 1.08 FREDDIE MAC NOTES DTD 03/21/2016 1.125% 04/15/2019 373,357.88 377,012.00 539.06 377,257.50 08/15/1608/12/16AaaAA+ 375,000.00 3137EADZ9 0.90 FHLMC REFERENCE NOTE DTD 07/20/2016 0.875% 07/19/2019 424,349.80 429,084.22 1,369.13 428,959.40 07/20/1607/19/16AaaAA+ 430,000.00 3137EAEB1 0.96 FNMA BENCHMARK NOTE DTD 08/02/2016 0.875% 08/02/2019 715,134.20 723,914.65 2,096.96 723,782.00 08/02/1607/29/16AaaAA+ 725,000.00 3135G0N33 0.93 FHLB GLOBAL NOTE DTD 08/04/2016 0.875% 08/05/2019 715,192.93 723,756.92 2,061.72 723,608.00 08/04/1608/03/16AaaAA+ 725,000.00 3130A8Y72 0.94 FNMA NOTES DTD 09/02/2016 1.000% 08/28/2019 593,305.20 599,140.33 1,483.33 599,064.00 09/02/1608/31/16AaaAA+ 600,000.00 3135G0P49 1.05 FANNIE MAE GLOBAL NOTES DTD 10/25/2016 1.000% 10/24/2019 394,539.20 398,963.28 400.00 398,928.00 10/25/1610/21/16AaaAA+ 400,000.00 3135G0R39 1.09 FHLB NOTES DTD 11/17/2016 1.375% 11/15/2019 737,706.00 739,831.96 395.69 739,829.80 11/17/1611/16/16AaaAA+ 740,000.00 3130AA3R7 1.38 FHLB GLOBAL NOTE DTD 07/14/2016 1.125% 07/14/2021 701,865.25 720,915.34 3,103.91 720,591.28 07/15/1607/14/16AaaAA+ 725,000.00 3130A8QS5 1.25 FNMA NOTES DTD 08/19/2016 1.250% 08/17/2021 135,861.46 139,547.42 495.83 139,521.06 08/19/1608/17/16AaaAA+ 140,000.00 3135G0N82 1.32 FNMA NOTES DTD 08/19/2016 1.250% 08/17/2021 446,401.94 458,239.50 1,629.17 458,137.00 08/19/1608/17/16AaaAA+ 460,000.00 3135G0N82 1.33 Page 8 For the Month Ending November 30, 2016Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par 17,682.26 8,807,159.57 8,880,899.23 1.12 8,874,612.29 8,895,000.00 Security Type Sub-Total Corporate Note US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 701,491.00 700,000.00 513.33 714,952.00 07/30/1207/25/12A1A+ 700,000.00 91159HHD5 1.19 CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 149,721.00 150,000.00 809.60 150,000.00 12/05/1211/28/12Aa2AA- 150,000.00 166764AA8 1.10 CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 174,674.50 175,182.46 944.53 175,946.75 12/05/1211/29/12Aa2AA- 175,000.00 166764AA8 0.99 IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 249,739.50 249,721.49 980.90 248,855.00 02/08/1302/05/13Aa3AA- 250,000.00 459200HK0 1.35 BERKSHIRE HATHAWAY GLOBAL NOTE DTD 02/11/2013 1.550% 02/09/2018 400,958.00 399,863.68 1,928.89 399,444.00 02/11/1301/29/13Aa2AA 400,000.00 084670BH0 1.58 APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 308,580.20 309,668.40 241.11 308,856.10 05/03/1304/30/13Aa1AA+ 310,000.00 037833AJ9 1.08 CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 441,285.24 440,000.00 3,296.65 440,000.00 06/24/1306/17/13Aa2AA- 440,000.00 166764AE0 1.72 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 272,552.58 271,311.93 1,434.38 272,565.00 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 302,836.20 301,835.59 1,593.75 302,817.00 09/04/1509/01/15A1AA- 300,000.00 17275RAR3 1.85 GOLDMAN SACHS GRP INC CORP NT (CALLABLE) DTD 04/25/2016 2.000% 04/25/2019 49,858.20 49,888.13 100.00 49,861.00 04/25/1604/20/16A3BBB+ 50,000.00 38141GVT8 2.10 GOLDMAN SACHS GRP INC CORP NT (CALLABLE) DTD 04/25/2016 2.000% 04/25/2019 249,291.00 249,871.19 500.00 249,840.00 04/26/1604/21/16A3BBB+ 250,000.00 38141GVT8 2.02 CITIGROUP INC CORP NOTES DTD 06/09/2016 2.050% 06/07/2019 104,770.58 104,953.84 1,028.42 104,945.40 06/09/1606/02/16Baa1BBB+ 105,000.00 172967KS9 2.07 AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 581,791.90 574,399.63 3,809.38 573,936.25 09/09/1409/04/14A1A+ 575,000.00 02665WAH4 2.29 Page 9 For the Month Ending November 30, 2016Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par Corporate Note BURLINGTON NRTH CORP DTD 09/24/2009 4.700% 10/01/2019 161,609.10 163,372.47 1,175.00 165,585.00 06/08/1606/03/16A3A 150,000.00 12189TBC7 1.48 GENERAL ELECTRIC CAP CORP NOTES DTD 01/08/2010 5.500% 01/08/2020 274,875.50 275,772.44 5,461.81 289,082.50 03/25/1503/20/15A1AA- 250,000.00 36962G4J0 2.05 WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 74,516.40 75,191.95 541.98 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 372,582.00 376,693.13 2,709.90 377,621.25 02/05/1502/02/15A2A 375,000.00 94974BGF1 2.00 TOYOTA MOTOR CORP NOTES DTD 03/12/2015 2.150% 03/12/2020 199,618.20 201,194.50 943.61 201,776.00 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 580,229.05 577,150.66 6,939.93 577,857.75 09/04/1509/01/15A3A- 575,000.00 46625HLW8 2.64 BANK OF NEW YORK MELLON CORP DTD 02/19/2016 2.500% 04/15/2021 300,023.70 306,262.22 958.33 306,978.00 05/19/1605/16/16A1A 300,000.00 06406FAA1 2.00 AMERICAN EXPRESS CREDIT CORP NOTES DTD 05/05/2016 2.250% 05/05/2021 197,943.40 199,582.20 325.00 199,536.00 05/31/1605/25/16A2A- 200,000.00 0258M0EB1 2.30 BRANCH BANKING & TRUST CORP NOTE DTD 05/10/2016 2.050% 05/10/2021 147,340.80 149,911.51 179.38 149,901.00 05/16/1605/10/16A2A- 150,000.00 05531FAV5 2.06 STATE STREET CORP NOTES DTD 05/19/2016 1.950% 05/19/2021 73,528.95 74,744.82 48.75 74,716.50 05/24/1605/19/16A1A 75,000.00 857477AV5 2.03 36,464.63 6,369,817.00 6,376,572.24 1.82 6,410,360.50 6,325,000.00 Security Type Sub-Total Certificate of Deposit CANADIAN IMPERIAL BANK NY YCD DTD 04/10/2015 1.010% 04/06/2017 575,051.18 575,000.00 887.26 575,000.00 04/10/1504/06/15P-1A-1 575,000.00 13606JYY9 1.01 NORDEA BANK FINLAND NY CD DTD 05/29/2015 1.150% 05/26/2017 575,339.83 575,000.00 91.84 575,000.00 05/29/1505/27/15Aa3AA- 575,000.00 65558LFA5 1.15 Page 10 For the Month Ending November 30, 2016Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par Certificate of Deposit TORONTO DOMINION BANK NY YCD DTD 06/19/2015 1.240% 06/16/2017 625,422.50 625,000.00 3,530.56 625,000.00 06/19/1506/16/15Aa1AA- 625,000.00 89113ESN7 1.25 BANK OF NOVA SCOTIA HOUSTON YCD DTD 11/09/2015 1.560% 11/06/2017 575,621.00 575,000.00 622.92 575,000.00 11/09/1511/06/15P-1A-1 575,000.00 06417GAS7 1.55 SKANDINAVISKA ENSKILDA BANKEN NY CD DTD 11/17/2015 1.480% 11/16/2017 574,220.88 575,000.00 8,982.78 575,000.00 11/17/1511/16/15P-1A-1 575,000.00 83050FBG5 1.48 HSBC BANK USA NA CD DTD 11/18/2015 1.540% 11/17/2017 575,968.88 575,000.00 9,322.35 575,000.00 11/18/1511/17/15P-1A-1+ 575,000.00 40428AR58 1.54 ROYAL BANK OF CANADA NY CD DTD 03/15/2016 1.700% 03/09/2018 575,816.50 575,000.00 2,226.53 575,000.00 03/15/1603/11/16Aa3AA- 575,000.00 78009NZZ2 1.69 25,664.24 4,077,440.77 4,075,000.00 1.38 4,075,000.00 4,075,000.00 Security Type Sub-Total 29,715,000.00 29,935,462.86 1.38 113,203.27 29,895,467.42 29,718,792.28 Managed Account Sub-Total Money Market Fund CAMP Pool 78,734.21 78,734.21 0.00 78,734.21 NRAAAm 78,734.21 78,734.21 78,734.21 0.00 78,734.21 78,734.21 Money Market Sub-Total $29,793,734.21 $30,014,197.07 $113,203.27 $29,974,201.63 $29,797,526.49 1.38% $29,910,729.76 $113,203.27 Total Investments Accrued Interest Securities Sub-Total Page 11 For the Month Ending November 30, 2016Managed Account Fair Market Value & Analytics Value On Cost Amort Cost to WorstCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/Description Next Call Market YTMEffective Duration U.S. Treasury Bond / Note 1.36 (714.22)(564.72) 293,939.77 99.64 MORGANST 295,000.00 912828K25US TREASURY NOTES DTD 04/15/2015 0.750% 04/15/2018 1.01 1.36 1.97 2,052.19 3,468.82 370,881.71 100.24 CITIGRP 370,000.00 912828A34US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 1.13 1.97 2.36 (1,639.06)(1,734.51) 373,324.08 100.90 CITIGRP 370,000.00 912828D23US TREASURY NOTES DTD 04/30/2014 1.625% 04/30/2019 1.25 2.36 2.45 (1,885.13)(1,959.47) 382,196.78 100.58 MORGANST 380,000.00 912828WL0US TREASURY NOTES DTD 06/02/2014 1.500% 05/31/2019 1.26 2.45 2.94 425.86 2,385.41 306,403.38 98.84 CITIGRP 310,000.00 912828UB4US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 1.40 2.94 3.16 (242.95) 1,159.98 545,982.25 99.27 MERRILL 550,000.00 912828UQ1US TREASURY NOTES DTD 02/28/2013 1.250% 02/29/2020 1.48 3.16 3.16 2,512.61 5,974.25 1,141,599.25 99.27 CITIGRP 1,150,000.00 912828UQ1US TREASURY NOTES DTD 02/28/2013 1.250% 02/29/2020 1.48 3.16 3.51 (790.81)(3,032.08) 582,816.55 101.36 MERRILL 575,000.00 912828VP2US TREASURY NOTES DTD 07/31/2013 2.000% 07/31/2020 1.62 3.51 3.58 3,466.49 0.33 1,068,170.25 101.73 MORGANST 1,050,000.00 912828VV9US TREASURY NOTES DTD 09/03/2013 2.125% 08/31/2020 1.65 3.58 3.77 (10,427.60)(13,059.17) 842,493.96 100.30 MERRILL 840,000.00 912828WC0US TREASURY NOTES DTD 10/31/2013 1.750% 10/31/2020 1.67 3.77 3.83 (1,937.69)(2,589.85) 151,693.35 101.13 MERRILL 150,000.00 912828A42US TREASURY NOTE DTD 12/02/2013 2.000% 11/30/2020 1.71 3.83 3.85 (6,589.73)(9,170.01) 384,667.88 102.58 MERRILL 375,000.00 912828A83US TREASURY NOTES DTD 12/31/2013 2.375% 12/31/2020 1.72 3.85 3.90 (12,133.40)(13,656.55) 800,687.20 100.09 MORGANST 800,000.00 912828N48US TREASURY N/B DTD 12/31/2015 1.750% 12/31/2020 1.73 3.90 4.04 (20,015.37)(22,393.51) 580,727.58 101.00 MORGANST 575,000.00 912828B90US TREASURY NOTES DTD 02/28/2014 2.000% 02/28/2021 1.76 4.04 4.18 (9,748.65)(10,070.65) 283,622.32 97.80 CITIGRP 290,000.00 912828Q37US TREASURY NOTES DTD 03/31/2016 1.250% 03/31/2021 1.78 4.18 4.29 (31,114.60)(33,281.40) 1,209,843.60 100.82 HSBC 1,200,000.00 912828WN6US TREASURY NOTES DTD 06/02/2014 2.000% 05/31/2021 1.81 4.29 4.49 (9,902.66)(10,283.35) 326,916.85 100.59 HSBC 325,000.00 912828D72US TREASURY NOTES DTD 09/02/2014 2.000% 08/31/2021 1.87 4.49 Page 12 For the Month Ending November 30, 2016Managed Account Fair Market Value & Analytics Value On Cost Amort Cost to WorstCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/Description Next Call Market YTMEffective Duration (108,806.48) 1.59 3.48 (98,684.72) 9,645,966.76 9,605,000.00 Security Type Sub-Total 3.48 Municipal Bond / Note 1.44 1,165.00 1,165.00 126,165.00 100.93 GOLDMAN 125,000.00 91412GUV5UNIV OF CAL TXBL REV BONDS DTD 04/10/2014 1.904% 05/15/2018 1.26 1.44 2.23 1,154.49 961.95 166,425.60 100.86 VINING 165,000.00 20772JZK1CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 1.59 2.23 2,126.95 1.45 1.88 2,319.49 292,590.60 290,000.00 Security Type Sub-Total 1.88 Federal Agency Collateralized Mortgage Obligation 1.16 (335.29)(1,182.66) 135,166.85 100.12 GOLDMAN 135,000.00 3136ANJY4FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 1.36 1.17 1.87 (183.66)(661.54) 125,588.45 100.47 GOLDMAN 125,000.00 3136AQSW1FNMA SERIES 2015-M15 ASQ2 DTD 11/01/2015 1.898% 01/01/2019 1.58 1.40 2.54 (1,736.83)(2,591.40) 265,062.28 100.02 MORGANST 265,000.00 3136AQDQ0FANNIE MAE SERIES 2015-M13 ASQ2 DTD 10/01/2015 1.646% 09/01/2019 1.59 1.74 (4,435.60) 1.53 2.02 (2,255.78) 525,817.58 525,000.00 Security Type Sub-Total 1.51 Federal Agency Bond / Note 1.46 772.72 5,001.20 398,941.20 99.74 CSFB 400,000.00 3135G0WJ8FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 1.06 1.46 1.46 (62.62) 3,336.73 573,477.98 99.74 BNP PARI 575,000.00 3135G0WJ8FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 1.06 1.46 1.67 (5,119.91)(4,607.10) 892,008.90 99.11 CITIGRP 900,000.00 3130A8PK3FHLB NOTES DTD 07/08/2016 0.625% 08/07/2018 1.16 1.67 1.96 3,096.34 3,091.20 353,101.70 100.89 HSBC 350,000.00 3135G0YT4FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 1.17 1.96 1.96 2,611.39 (398.75) 630,538.75 100.89 GOLDMAN 625,000.00 3135G0YT4FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 1.17 1.96 2.20 (2,345.82)(1,911.82) 721,377.18 99.50 JPMCHASE 725,000.00 3135G0J53FNMA BENCHMARK NOTE DTD 02/23/2016 1.000% 02/26/2019 1.23 2.20 2.33 (3,654.12)(3,899.62) 373,357.88 99.56 TD SEC U 375,000.00 3137EADZ9FREDDIE MAC NOTES DTD 03/21/2016 1.125% 04/15/2019 1.31 2.33 Page 13 For the Month Ending November 30, 2016Managed Account Fair Market Value & Analytics Value On Cost Amort Cost to WorstCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/Description Next Call Market YTMEffective Duration Federal Agency Bond / Note 2.59 (4,734.42)(4,609.60) 424,349.80 98.69 TD SEC U 430,000.00 3137EAEB1FHLMC REFERENCE NOTE DTD 07/20/2016 0.875% 07/19/2019 1.38 2.59 2.62 (8,780.45)(8,647.80) 715,134.20 98.64 GOLDMAN 725,000.00 3135G0N33FNMA BENCHMARK NOTE DTD 08/02/2016 0.875% 08/02/2019 1.40 2.62 2.63 (8,563.99)(8,415.07) 715,192.93 98.65 WELLSFAR 725,000.00 3130A8Y72FHLB GLOBAL NOTE DTD 08/04/2016 0.875% 08/05/2019 1.39 2.63 2.69 (5,835.13)(5,758.80) 593,305.20 98.88 GOLDMAN 600,000.00 3135G0P49FNMA NOTES DTD 09/02/2016 1.000% 08/28/2019 1.42 2.69 2.84 (4,424.08)(4,388.80) 394,539.20 98.63 BARCLAYS 400,000.00 3135G0R39FANNIE MAE GLOBAL NOTES DTD 10/25/2016 1.000% 10/24/2019 1.48 2.84 2.89 (2,125.96)(2,123.80) 737,706.00 99.69 MERRILL 740,000.00 3130AA3R7FHLB NOTES DTD 11/17/2016 1.375% 11/15/2019 1.48 2.89 4.45 (19,050.09)(18,726.03) 701,865.25 96.81 TD SEC U 725,000.00 3130A8QS5FHLB GLOBAL NOTE DTD 07/14/2016 1.125% 07/14/2021 1.85 4.45 4.53 (3,685.96)(3,659.60) 135,861.46 97.04 TD SEC U 140,000.00 3135G0N82FNMA NOTES DTD 08/19/2016 1.250% 08/17/2021 1.91 4.53 4.53 (11,837.56)(11,735.06) 446,401.94 97.04 CITIGRP 460,000.00 3135G0N82FNMA NOTES DTD 08/19/2016 1.250% 08/17/2021 1.91 4.53 (67,452.72) 1.37 2.58 (73,739.66) 8,807,159.57 8,895,000.00 Security Type Sub-Total 2.58 Corporate Note 0.37 1,491.00 (13,461.00) 701,491.00 100.21 04/15/17BARCLAYS 700,000.00 91159HHD5US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 1.18 0.36 1.00 (279.00)(279.00) 149,721.00 99.81 11/05/17MORGANST 150,000.00 166764AA8CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 1.29 0.98 1.00 (507.96)(1,272.25) 174,674.50 99.81 11/05/17BARCLAYS 175,000.00 166764AA8CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 1.29 0.98 1.17 18.01 884.50 249,739.50 99.90 HSBC 250,000.00 459200HK0IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 1.34 1.17 1.17 1,094.32 1,514.00 400,958.00 100.24 GOLDMAN 400,000.00 084670BH0BERKSHIRE HATHAWAY GLOBAL NOTE DTD 02/11/2013 1.550% 02/09/2018 1.35 1.17 Page 14 For the Month Ending November 30, 2016Managed Account Fair Market Value & Analytics Value On Cost Amort Cost to WorstCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/Description Next Call Market YTMEffective Duration Corporate Note 1.41 (1,088.20)(275.90) 308,580.20 99.54 GOLDMAN 310,000.00 037833AJ9APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 1.33 1.41 1.53 1,285.24 1,285.24 441,285.24 100.29 BARCLAYS 440,000.00 166764AE0CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 1.53 1.53 2.18 1,240.65 (12.42) 272,552.58 100.95 BONY 270,000.00 17275RAR3CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 1.69 2.18 2.18 1,000.61 19.20 302,836.20 100.95 BNP PARI 300,000.00 17275RAR3CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 1.69 2.18 2.33 (29.93)(2.80) 49,858.20 99.72 03/25/19GOLDMAN 50,000.00 38141GVT8GOLDMAN SACHS GRP INC CORP NT (CALLABLE) DTD 04/25/2016 2.000% 04/25/2019 2.12 2.31 2.33 (580.19)(549.00) 249,291.00 99.72 03/25/19MIZUHO 250,000.00 38141GVT8GOLDMAN SACHS GRP INC CORP NT (CALLABLE) DTD 04/25/2016 2.000% 04/25/2019 2.12 2.31 2.42 (183.26)(174.82) 104,770.58 99.78 CITIGRP 105,000.00 172967KS9CITIGROUP INC CORP NOTES DTD 06/09/2016 2.050% 06/07/2019 2.14 2.42 2.60 7,392.27 7,855.65 581,791.90 101.18 MERRILL 575,000.00 02665WAH4AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 1.80 2.60 2.65 (1,763.37)(3,975.90) 161,609.10 107.74 GOLDMAN 150,000.00 12189TBC7BURLINGTON NRTH CORP DTD 09/24/2009 4.700% 10/01/2019 1.88 2.65 2.82 (896.94)(14,207.00) 274,875.50 109.95 GOLDMAN 250,000.00 36962G4J0GENERAL ELECTRIC CAP CORP NOTES DTD 01/08/2010 5.500% 01/08/2020 2.17 2.82 3.02 (675.55)(771.60) 74,516.40 99.36 1ST TENN 75,000.00 94974BGF1WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 2.36 3.02 3.02 (4,111.13)(5,039.25) 372,582.00 99.36 JEFFERIE 375,000.00 94974BGF1WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 2.36 3.02 3.14 (1,576.30)(2,157.80) 199,618.20 99.81 HSBC 200,000.00 89236TCF0TOYOTA MOTOR CORP NOTES DTD 03/12/2015 2.150% 03/12/2020 2.21 3.14 3.26 3,078.39 2,371.30 580,229.05 100.91 05/23/20JPMCHASE 575,000.00 46625HLW8JP MORGAN CHASE & CO CORP NT (CALLABLE) DTD 06/23/2015 2.750% 06/23/2020 2.48 3.32 4.11 (6,238.52)(6,954.30) 300,023.70 100.01 KEYBAN 300,000.00 06406FAA1BANK OF NEW YORK MELLON CORP DTD 02/19/2016 2.500% 04/15/2021 2.50 4.11 Page 15 For the Month Ending November 30, 2016Managed Account Fair Market Value & Analytics Value On Cost Amort Cost to WorstCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/Description Next Call Market YTMEffective Duration Corporate Note 4.18 (1,638.80)(1,592.60) 197,943.40 98.97 KEYBAN 200,000.00 0258M0EB1AMERICAN EXPRESS CREDIT CORP NOTES DTD 05/05/2016 2.250% 05/05/2021 2.50 4.18 4.21 (2,570.71)(2,560.20) 147,340.80 98.23 SCOTIA 150,000.00 05531FAV5BRANCH BANKING & TRUST CORP NOTE DTD 05/10/2016 2.050% 05/10/2021 2.47 4.21 4.25 (1,215.87)(1,187.55) 73,528.95 98.04 GOLDMAN 75,000.00 857477AV5STATE STREET CORP NOTES DTD 05/19/2016 1.950% 05/19/2021 2.42 4.25 (40,543.50) 1.84 2.24 (6,755.24) 6,369,817.00 6,325,000.00 Security Type Sub-Total 2.24 Certificate of Deposit 0.35 51.18 51.18 575,051.18 100.01 GOLDMAN 575,000.00 13606JYY9CANADIAN IMPERIAL BANK NY YCD DTD 04/10/2015 1.010% 04/06/2017 0.97 0.35 0.48 339.83 339.83 575,339.83 100.06 MERRILL 575,000.00 65558LFA5NORDEA BANK FINLAND NY CD DTD 05/29/2015 1.150% 05/26/2017 1.05 0.48 0.55 422.50 422.50 625,422.50 100.07 TD SEC U 625,000.00 89113ESN7TORONTO DOMINION BANK NY YCD DTD 06/19/2015 1.240% 06/16/2017 1.11 0.55 0.93 621.00 621.00 575,621.00 100.11 UBS AG 575,000.00 06417GAS7BANK OF NOVA SCOTIA HOUSTON YCD DTD 11/09/2015 1.560% 11/06/2017 1.41 0.93 0.95 (779.12)(779.12) 574,220.88 99.86 GOLDMAN 575,000.00 83050FBG5SKANDINAVISKA ENSKILDA BANKEN NY CD DTD 11/17/2015 1.480% 11/16/2017 1.60 0.95 0.96 968.88 968.88 575,968.88 100.17 HSBC 575,000.00 40428AR58HSBC BANK USA NA CD DTD 11/18/2015 1.540% 11/17/2017 1.35 0.96 1.26 816.50 816.50 575,816.50 100.14 RBC CAP 575,000.00 78009NZZ2ROYAL BANK OF CANADA NY CD DTD 03/15/2016 1.700% 03/09/2018 1.56 1.26 2,440.77 1.29 0.78 2,440.77 4,077,440.77 4,075,000.00 Security Type Sub-Total 0.78 29,715,000.00 29,718,792.28 (216,670.58) (176,675.14) 2.54 1.54 Managed Account Sub-Total 2.53 Money Market Fund 0.00 0.00 0.00 78,734.21 1.00 78,734.21 CAMP Pool 0.00 78,734.21 78,734.21 0.00 0.00 0.00 Money Market Sub-Total 0.00 Page 16 For the Month Ending November 30, 2016Managed Account Fair Market Value & Analytics CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Total Investments $29,910,729.76 $113,203.27 $29,797,526.49 Accrued Interest Securities Sub-Total $29,793,734.21 ($216,670.58) ($176,675.14) 2.54 1.54% 2.53 Page 17 For the Month Ending November 30, 2016Managed 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/L Realized G/L Sale Amort Cost Method BUY 11/14/16 US TREASURY NOTES DTD 06/02/2014 1.500% 05/31/2019 912828WL0 (384,156.25)(2,600.82)(386,757.07) 380,000.00 11/10/16 11/14/16 US TREASURY NOTES DTD 04/30/2014 1.625% 04/30/2019 912828D23 (375,058.59)(232.53)(375,291.12) 370,000.00 11/10/16 11/17/16 FHLB NOTES DTD 11/17/2016 1.375% 11/15/2019 3130AA3R7 (739,829.80) 0.00 (739,829.80) 740,000.00 11/16/16 (2,833.35) (1,501,877.99)(1,499,044.64) 1,490,000.00 Transaction Type Sub-Total INTEREST 11/25/16 FANNIE MAE SERIES 2015-M13 ASQ2 DTD 10/01/2015 1.646% 09/01/2019 3136AQDQ0 0.00 363.49 363.49 265,000.00 11/01/16 11/25/16 FNMA SERIES 2015-M15 ASQ2 DTD 11/01/2015 1.898% 01/01/2019 3136AQSW1 0.00 197.72 197.72 125,000.00 11/01/16 11/25/16 FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 3136ANJY4 0.00 174.38 174.38 135,000.00 11/01/16 11/03/16 APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 037833AJ9 0.00 1,550.00 1,550.00 310,000.00 11/03/16 11/05/16 AMERICAN EXPRESS CREDIT CORP NOTES DTD 05/05/2016 2.250% 05/05/2021 0258M0EB1 0.00 2,250.00 2,250.00 200,000.00 11/05/16 11/06/16 BANK OF NOVA SCOTIA HOUSTON YCD DTD 11/09/2015 1.560% 11/06/2017 06417GAS7 0.00 4,485.00 4,485.00 575,000.00 11/06/16 11/10/16 BRANCH BANKING & TRUST CORP NOTE DTD 05/10/2016 2.050% 05/10/2021 05531FAV5 0.00 1,537.50 1,537.50 150,000.00 11/10/16 11/15/16 US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 91159HHD5 0.00 5,775.00 5,775.00 700,000.00 11/15/16 11/15/16 UNIV OF CAL TXBL REV BONDS DTD 04/10/2014 1.904% 05/15/2018 91412GUV5 0.00 1,190.00 1,190.00 125,000.00 11/15/16 11/16/16 SKANDINAVISKA ENSKILDA BANKEN NY CD DTD 11/17/2015 1.480% 11/16/2017 83050FBG5 0.00 8,628.19 8,628.19 575,000.00 11/16/16 11/19/16 STATE STREET CORP NOTES DTD 05/19/2016 1.950% 05/19/2021 857477AV5 0.00 731.25 731.25 75,000.00 11/19/16 Page 18 For the Month Ending November 30, 2016Managed 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/L Realized G/L Sale Amort Cost Method INTEREST 11/21/16 FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 3135G0WJ8 0.00 1,750.00 1,750.00 400,000.00 11/21/16 11/21/16 FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 3135G0WJ8 0.00 2,515.62 2,515.62 575,000.00 11/21/16 11/30/16 NORDEA BANK FINLAND NY CD DTD 05/29/2015 1.150% 05/26/2017 65558LFA5 0.00 3,416.46 3,416.46 575,000.00 11/26/16 11/27/16 FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 3135G0YT4 0.00 2,843.75 2,843.75 350,000.00 11/27/16 11/27/16 FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 3135G0YT4 0.00 5,078.13 5,078.13 625,000.00 11/27/16 11/30/16 US TREASURY NOTE DTD 12/02/2013 2.000% 11/30/2020 912828A42 0.00 1,500.00 1,500.00 150,000.00 11/30/16 11/30/16 US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 912828UB4 0.00 1,550.00 1,550.00 310,000.00 11/30/16 11/30/16 US TREASURY NOTES DTD 06/02/2014 1.500% 05/31/2019 912828WL0 0.00 2,850.00 2,850.00 380,000.00 11/30/16 11/30/16 US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 912828A34 0.00 2,312.50 2,312.50 370,000.00 11/30/16 11/30/16 US TREASURY NOTES DTD 06/02/2014 2.000% 05/31/2021 912828WN6 0.00 12,000.00 12,000.00 1,200,000.00 11/30/16 62,698.99 62,698.99 0.00 8,170,000.00 Transaction Type Sub-Total SELL 11/14/16 FREDDIE MAC NOTES DTD 03/21/2016 1.125% 04/15/2019 3137EADZ9 375,296.25 339.84 375,636.09 (1,961.25)(1,755.42)SPEC LOT 375,000.00 11/10/16 11/14/16 FREDDIE MAC NOTES DTD 04/16/2012 1.750% 05/30/2019 3137EADG1 381,382.50 2,989.58 384,372.08 2,122.50 3,934.55 SPEC LOT 375,000.00 11/10/16 11/17/16 US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 912828UB4 733,380.47 3,437.16 736,817.63 7,660.16 3,102.10 SPEC LOT 740,000.00 11/16/16 6,766.58 5,281.23 7,821.41 1,496,825.80 1,490,059.22 1,490,000.00 Transaction Type Sub-Total (8,985.42) 66,632.22 57,646.80 7,821.41 5,281.23 Managed Account Sub-Total Page 19 For the Month Ending November 30, 2016Managed Account Security Transactions & Interest CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Total Security Transactions $7,821.41 $57,646.80 $66,632.22 ($8,985.42)$5,281.23 Page 20 For the Month Ending November 30, 2016Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Total Settlement Dollar AmountShare or Trade Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool 23,618.89 Opening Balance 11/03/16 11/03/16 Purchase - Interest 037833AJ9 1.00 1,550.00 25,168.89 11/07/16 11/07/16 Purchase - Interest 0258M0EB1 1.00 2,250.00 27,418.89 11/07/16 11/07/16 Purchase - Interest 06417GAS7 1.00 4,485.00 31,903.89 11/10/16 11/10/16 Purchase - Interest 05531FAV5 1.00 1,537.50 33,441.39 11/14/16 11/14/16 Purchase - Interest 3137EADG1 1.00 2,989.58 36,430.97 11/14/16 11/14/16 Purchase - Principal 3137EADG1 1.00 381,382.50 417,813.47 11/14/16 11/14/16 Purchase - Interest 3137EADZ9 1.00 339.84 418,153.31 11/14/16 11/14/16 Purchase - Principal 3137EADZ9 1.00 375,296.25 793,449.56 11/14/16 11/14/16 Redemption - Interest 912828D23 1.00 (232.53) 793,217.03 11/14/16 11/14/16 Redemption - Principal 912828D23 1.00 (375,058.59) 418,158.44 11/14/16 11/14/16 Redemption - Interest 912828WL0 1.00 (2,600.82) 415,557.62 11/14/16 11/14/16 Redemption - Principal 912828WL0 1.00 (384,156.25) 31,401.37 11/15/16 11/15/16 Purchase - Interest 91159HHD5 1.00 5,775.00 37,176.37 11/15/16 11/15/16 Purchase - Interest 91412GUV5 1.00 1,190.00 38,366.37 11/16/16 11/16/16 Purchase - Interest 83050FBG5 1.00 8,628.19 46,994.56 11/17/16 11/17/16 Purchase - Interest 912828UB4 1.00 3,437.16 50,431.72 11/17/16 11/17/16 Purchase - Principal 912828UB4 1.00 733,380.47 783,812.19 11/17/16 11/17/16 Redemption - Principal 3130AA3R7 1.00 (739,829.80) 43,982.39 11/21/16 11/21/16 Purchase - Interest 3135G0WJ8 1.00 1,750.00 45,732.39 11/21/16 11/21/16 Purchase - Interest 857477AV5 1.00 731.25 46,463.64 11/21/16 11/21/16 Purchase - Interest 3135G0WJ8 1.00 2,515.62 48,979.26 Page 21 For the Month Ending November 30, 2016Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Total Settlement Dollar AmountShare or Trade Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool 11/22/16 11/22/16 IP Fees October 2016 1.00 (2,346.97) 46,632.29 11/22/16 11/22/16 U.S. Bank Fees September 2016 1.00 (205.96) 46,426.33 11/25/16 11/25/16 Purchase - Interest 3136ANJY4 1.00 174.38 46,600.71 11/25/16 11/25/16 Purchase - Interest 3136AQDQ0 1.00 363.49 46,964.20 11/25/16 11/25/16 Purchase - Interest 3136AQSW1 1.00 197.72 47,161.92 11/28/16 11/28/16 Purchase - Interest 3135G0YT4 1.00 5,078.13 52,240.05 11/28/16 11/28/16 Purchase - Interest 3135G0YT4 1.00 2,843.75 55,083.80 11/28/16 11/28/16 Purchase - Interest 65558LFA5 1.00 3,379.72 58,463.52 11/30/16 11/30/16 Purchase - Interest 912828A34 1.00 2,312.50 60,776.02 11/30/16 11/30/16 Purchase - Interest 912828A42 1.00 1,500.00 62,276.02 11/30/16 11/30/16 Purchase - Interest 912828UB4 1.00 1,550.00 63,826.02 11/30/16 11/30/16 Purchase - Interest 912828WL0 1.00 2,850.00 66,676.02 11/30/16 11/30/16 Purchase - Interest 912828WN6 1.00 12,000.00 78,676.02 11/30/16 11/30/16 Purchase - Correction to Interest 65558LFA5 from 11/26/16 1.00 3,416.45 82,092.47 11/30/16 11/30/16 Redemption - Reversal of Interest 65558LFA5 from 11/26/16 1.00 (3,379.72) 78,712.75 11/30/16 12/01/16 Accrual Income Div Reinvestment - Distributions 1.00 21.46 78,734.21 Page 22 For the Month Ending November 30, 2016Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Total Settlement Dollar AmountShare or Trade Shares OwnedDate Transaction Description of TransactionUnit PriceDate 78,734.21 78,734.21 78,734.21 39,849.59 209.40 0.00 (16,830,989.80) 16,886,736.55 22,987.46 21.46 78,734.21 0.00 (1,507,810.64) 1,562,925.96 23,618.89 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 November January-November 0.66% Page 23 Housing Funds CAMP Account For the Month Ending November 30, 2016Account Statement - Transaction Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Opening Market Value Purchases Redemptions Change in Value Closing Market Value 4,347.07 116,152.38 (106,850.43) 0.00 $13,649.02 CAMP Pool Unsettled Trades 0.00 3.49 Cash Dividends and Income Opening Market Value Purchases Redemptions Change in Value Closing Market Value 5,090,949.65 104,975.85 (104,060.74) (51,281.45) $5,040,583.31 CAMP Managed Account Unsettled Trades 0.00 11,734.14 Cash Dividends and Income November 30, 2016 October 31, 2016 Asset Summary CAMP Pool 13,649.02 4,347.07 CAMP Managed Account 5,040,583.31 5,090,949.65 $5,054,232.33 $5,095,296.72 Total Asset Allocation 0.27% CAMP Pool 99.73% CAMP Managed Account Page 1 For the Month Ending November 30, 2016Managed 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 $4,347.07 116,152.38 (106,850.43) $13,649.02 3.49 $5,090,949.65 0.00 (104,060.74) 104,975.85 0.00 (51,281.45) $5,040,583.31 $5,095,296.72 $5,054,232.33 10,647.23 0.00 1,086.91 $11,734.14 0.00 104,548.44 10,159.53 0.00 (104,975.85) (9,732.12) 0.00 Managed Account Total 5,074,597.08 5,088,246.10 19,464.14 104,548.44 0.00 10,159.53 (104,975.85) (5,073,772.19) (22,300.52) 0.00 19,464.14 211,398.87 0.00 10,159.53 (221,128.23) (5,078,119.26) (22,300.52) 3.49 Total Accrual Basis Earnings $7,720.63 $7,724.12 Transaction Summary - Managed AccountTransaction Summary - Money Market _______________________________________________ _______________________________________________ _____________________________________________________ Cash Balance $0.00 Closing Cash Balance Page 2 For the Month Ending November 30, 2016Portfolio Summary and Statistics CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Account Summary Percent Par Value Market ValueDescription U.S. Treasury Bond / Note 1,720,000.00 1,727,856.00 34.18 Municipal Bond / Note 30,000.00 30,259.20 0.60 Federal Agency Collateralized Mortgage Obligation 95,000.00 95,159.17 1.88 Federal Agency Bond / Note 1,490,000.00 1,474,712.58 29.18 Corporate Note 1,310,000.00 1,312,362.26 25.97 Certificate of Deposit 400,000.00 400,234.10 7.92 Managed Account Sub-Total 5,045,000.00 5,040,583.31 99.73% Accrued Interest 19,464.14 Total Portfolio 5,045,000.00 5,060,047.45 CAMP Pool 13,649.02 13,649.02 0.27 Total Investments 5,058,649.02 5,073,696.47 100.00% Unsettled Trades 0.00 0.00 Sector Allocation 7.92% Cert of Deposit 25.97% Corporate Note 1.88% Fed Agency CMO 29.18% Fed Agy Bond / Note 0.27% Mny Mkt Fund 0.60% Muni Bond / Note 34.18% 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 4.73% 7.41% 23.92%24.16% 17.85% 21.93% 0.00% Maturity Distribution Characteristics Yield to Maturity at Cost Yield to Maturity at Market Duration to Worst Weighted Average Days to Maturity 2.56 971 1.37% 1.54% Page 3 For the Month Ending November 30, 2016Managed Account Issuer Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Credit Quality (S&P Ratings) 7.42% A 4.48% A+ 2.48% A- 1.98% A-1 1.98% A-1+ 66.33% AA+ 13.58% AA- 0.27% AAAm 1.48% BBB+ Issuer Summary Percentof HoldingsIssuer Market Value 101,181.20 2.00 AMERICAN HONDA FINANCE 54,748.10 1.08 APPLE INC 149,831.45 2.96 BANK OF NEW YORK CO INC 24,556.80 0.49 BB&T CORPORTATION 26,934.85 0.53 BURLINGTON NORTHERN SANTA FE 13,649.02 0.27 CAMP Pool 254,908.18 5.04 CHEVRON CORP 100,945.40 2.00 CISCO SYSTEMS INC 24,945.38 0.49 CITIGROUP INC 948,419.99 18.76 FANNIE MAE 621,451.76 12.30 FEDERAL HOME LOAN BANKS 49,858.20 0.99 GOLDMAN SACHS GROUP INC 100,168.50 1.98 HSBC HOLDINGS PLC 99,895.80 1.98 IBM CORP 100,909.40 2.00 JP MORGAN CHASE & CO 100,059.10 1.98 NORDEA BANK AB 100,142.00 1.98 ROYAL BANK OF CANADA 99,864.50 1.98 SKANDINAVISKA ENSKIDA BANKEN AB 30,259.20 0.60 STATE OF CONNECTICUT 24,509.65 0.48 STATE STREET CORPORATION 1,727,856.00 34.19 UNITED STATES TREASURY 125,266.25 2.48 US BANCORP 173,871.60 3.44 WELLS FARGO & COMPANY $5,054,232.33 Total 100.00% Page 4 For the Month Ending November 30, 2016Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par U.S. Treasury Bond / Note US TREASURY NOTES DTD 10/01/2012 0.625% 09/30/2017 24,957.03 24,975.07 26.61 24,854.49 10/31/1210/26/12AaaAA+ 25,000.00 912828TS9 0.75 US TREASURY NOTES DTD 11/30/2012 0.625% 11/30/2017 149,607.45 149,180.41 2.58 147,117.19 05/09/1405/06/14AaaAA+ 150,000.00 912828UA6 1.18 US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 95,226.39 94,699.47 3.26 94,335.74 06/03/1406/02/14AaaAA+ 95,000.00 912828A34 1.41 US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 44,477.91 44,416.09 1.24 44,131.64 05/29/1505/28/15AaaAA+ 45,000.00 912828UB4 1.44 US TREASURY NOTES DTD 02/28/2013 1.250% 02/29/2020 124,086.88 123,813.77 397.10 123,437.50 11/09/1511/05/15AaaAA+ 125,000.00 912828UQ1 1.55 US TREASURY NOTES DTD 02/28/2013 1.250% 02/29/2020 148,904.25 149,686.37 476.52 149,578.13 10/09/1510/08/15AaaAA+ 150,000.00 912828UQ1 1.32 US TREASURY NOTES DTD 07/31/2013 2.000% 07/31/2020 76,019.55 76,122.70 501.36 76,415.04 12/04/1512/01/15AaaAA+ 75,000.00 912828VP2 1.58 US TREASURY NOTES DTD 09/03/2013 2.125% 08/31/2020 178,028.38 177,450.63 945.10 178,028.32 12/30/1512/28/15AaaAA+ 175,000.00 912828VV9 1.74 US TREASURY NOTES DTD 10/31/2013 1.750% 10/31/2020 100,296.90 101,538.28 149.86 101,851.56 02/03/1602/01/16AaaAA+ 100,000.00 912828WC0 1.35 US TREASURY NOTE DTD 12/02/2013 2.000% 11/30/2020 75,846.68 76,815.52 4.12 77,141.60 03/04/1603/02/16AaaAA+ 75,000.00 912828A42 1.38 US TREASURY NOTES DTD 12/31/2013 2.375% 12/31/2020 128,222.63 130,419.21 1,242.36 131,279.30 03/31/1603/30/16AaaAA+ 125,000.00 912828A83 1.28 US TREASURY N/B DTD 12/31/2015 1.750% 12/31/2020 125,107.38 127,003.22 915.42 127,241.21 05/31/1605/27/16AaaAA+ 125,000.00 912828N48 1.35 US TREASURY NOTES DTD 02/28/2014 2.000% 02/28/2021 100,996.10 104,477.04 508.29 104,890.63 07/08/1607/06/16AaaAA+ 100,000.00 912828B90 0.92 US TREASURY NOTES DTD 03/31/2016 1.250% 03/31/2021 53,790.44 55,639.32 117.10 55,700.39 06/29/1606/27/16AaaAA+ 55,000.00 912828Q37 0.98 Page 5 For the Month Ending November 30, 2016Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par U.S. Treasury Bond / Note US TREASURY NOTES DTD 06/02/2014 2.000% 05/31/2021 226,845.68 232,679.66 12.36 233,085.94 09/02/1609/01/16AaaAA+ 225,000.00 912828WN6 1.22 US TREASURY NOTES DTD 09/02/2014 2.000% 08/31/2021 75,442.35 77,727.58 381.22 77,815.43 10/05/1610/03/16AaaAA+ 75,000.00 912828D72 1.21 5,684.50 1,727,856.00 1,746,644.34 1.33 1,746,904.11 1,720,000.00 Security Type Sub-Total Municipal Bond / Note CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 30,259.20 30,049.29 125.02 30,084.30 03/25/1503/16/15Aa3AA- 30,000.00 20772JZK1 1.90 125.02 30,259.20 30,049.29 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 25,030.90 25,092.99 32.29 25,249.91 04/30/1504/15/15AaaAA+ 25,000.00 3136ANJY4 0.83 FNMA SERIES 2015-M15 ASQ2 DTD 11/01/2015 1.898% 01/01/2019 25,117.69 25,154.42 39.54 25,250.00 11/30/1511/06/15AaaAA+ 25,000.00 3136AQSW1 1.20 FANNIE MAE SERIES 2015-M13 ASQ2 DTD 10/01/2015 1.646% 09/01/2019 45,010.58 45,305.51 61.73 45,450.63 10/30/1510/07/15AaaAA+ 45,000.00 3136AQDQ0 1.08 133.56 95,159.17 95,552.92 1.05 95,950.54 95,000.00 Security Type Sub-Total Federal Agency Bond / Note FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 99,735.30 99,542.12 24.31 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 124,669.13 124,682.74 30.38 123,943.75 05/24/1305/22/13AaaAA+ 125,000.00 3135G0WJ8 1.05 FEDERAL HOME LOAN BANKS AGCY DTD 05/27/2016 0.875% 06/29/2018 49,838.15 50,009.36 184.72 50,011.08 08/12/1608/11/16AaaAA+ 50,000.00 3130A8BD4 0.86 FHLB NOTES DTD 07/08/2016 0.625% 08/07/2018 99,112.10 99,680.98 197.92 99,624.00 08/12/1608/11/16AaaAA+ 100,000.00 3130A8PK3 0.82 Page 6 For the Month Ending November 30, 2016Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par Federal Agency Bond / Note FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 105,930.51 105,491.80 18.96 105,997.50 10/23/1410/22/14AaaAA+ 105,000.00 3135G0YT4 1.39 FNMA BENCHMARK NOTE DTD 02/23/2016 1.000% 02/26/2019 49,750.15 50,111.12 131.94 50,126.50 08/08/1608/05/16AaaAA+ 50,000.00 3135G0J53 0.90 FNMA BENCHMARK NOTE DTD 02/23/2016 1.000% 02/26/2019 124,375.38 124,779.83 329.86 124,705.00 02/23/1602/19/16AaaAA+ 125,000.00 3135G0J53 1.08 FNMA BENCHMARK NOTE DTD 08/02/2016 0.875% 08/02/2019 123,299.00 124,812.87 361.55 124,790.00 08/02/1607/29/16AaaAA+ 125,000.00 3135G0N33 0.93 FHLB GLOBAL NOTE DTD 08/04/2016 0.875% 08/05/2019 123,309.13 124,785.68 355.47 124,760.00 08/04/1608/03/16AaaAA+ 125,000.00 3130A8Y72 0.94 FNMA NOTES DTD 09/02/2016 1.000% 08/28/2019 123,605.25 124,820.90 309.03 124,805.00 09/02/1608/31/16AaaAA+ 125,000.00 3135G0P49 1.05 FHLB GLOBAL NOTES DTD 09/09/2016 1.000% 09/26/2019 123,506.63 124,899.15 225.69 124,891.25 09/09/1609/08/16AaaAA+ 125,000.00 3130A9EP2 1.03 FHLB NOTES DTD 11/17/2016 1.375% 11/15/2019 104,674.50 104,976.16 56.15 104,975.85 11/17/1611/16/16AaaAA+ 105,000.00 3130AA3R7 1.38 FHLB GLOBAL NOTE DTD 07/14/2016 1.125% 07/14/2021 121,011.25 124,295.75 535.16 124,239.88 07/15/1607/14/16AaaAA+ 125,000.00 3130A8QS5 1.25 FNMA NOTES DTD 08/19/2016 1.250% 08/17/2021 24,260.98 24,919.19 88.54 24,914.48 08/19/1608/17/16AaaAA+ 25,000.00 3135G0N82 1.32 FNMA NOTES DTD 08/19/2016 1.250% 08/17/2021 77,635.12 79,693.83 283.33 79,676.00 08/19/1608/17/16AaaAA+ 80,000.00 3135G0N82 1.33 3,133.01 1,474,712.58 1,487,501.48 1.10 1,485,945.29 1,490,000.00 Security Type Sub-Total Corporate Note US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 125,266.25 125,216.59 91.67 127,670.00 07/30/1207/25/12A1A+ 125,000.00 91159HHD5 1.19 Page 7 For the Month Ending November 30, 2016Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par Corporate Note CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 74,860.50 75,078.20 404.80 75,405.75 12/05/1211/29/12Aa2AA- 75,000.00 166764AA8 0.99 CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 99,814.00 100,000.00 539.73 100,000.00 12/05/1211/28/12Aa2AA- 100,000.00 166764AA8 1.10 IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 99,895.80 99,888.60 392.36 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 99,827.50 99,992.49 318.75 99,971.00 03/06/1303/04/13A1A 100,000.00 06406HCJ6 1.36 APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 54,748.10 54,941.17 42.78 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 80,233.68 80,000.00 599.39 80,000.00 06/24/1306/17/13Aa2AA- 80,000.00 166764AE0 1.72 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 50,472.70 50,242.95 265.63 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 50,472.70 50,305.93 265.63 50,469.50 09/04/1509/01/15A1AA- 50,000.00 17275RAR3 1.85 GOLDMAN SACHS GRP INC CORP NT (CALLABLE) DTD 04/25/2016 2.000% 04/25/2019 49,858.20 49,974.24 100.00 49,968.00 04/26/1604/21/16A3BBB+ 50,000.00 38141GVT8 2.02 CITIGROUP INC CORP NOTES DTD 06/09/2016 2.050% 06/07/2019 24,945.38 24,989.01 244.86 24,987.00 06/09/1606/02/16Baa1BBB+ 25,000.00 172967KS9 2.07 AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 101,181.20 99,895.59 662.50 99,815.00 09/09/1409/04/14A1A+ 100,000.00 02665WAH4 2.29 BURLINGTON NRTH CORP DTD 09/24/2009 4.700% 10/01/2019 26,934.85 27,228.75 195.83 27,597.50 06/08/1606/03/16A3A 25,000.00 12189TBC7 1.48 WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 173,871.60 175,790.13 1,264.62 176,223.25 02/05/1502/02/15A2A 175,000.00 94974BGF1 2.00 Page 8 For the Month Ending November 30, 2016Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par Corporate Note JP MORGAN CHASE & CO CORP NT (CALLABLE) DTD 06/23/2015 2.750% 06/23/2020 100,909.40 100,374.03 1,206.94 100,497.00 09/04/1509/01/15A3A- 100,000.00 46625HLW8 2.64 BANK OF NEW YORK MELLON CORP DTD 02/19/2016 2.500% 04/15/2021 50,003.95 51,031.18 159.72 51,149.00 05/19/1605/16/16A1A 50,000.00 06406FAA1 2.00 BRANCH BANKING & TRUST CORP NOTE DTD 05/10/2016 2.050% 05/10/2021 24,556.80 24,985.25 29.90 24,983.50 05/16/1605/10/16A2A- 25,000.00 05531FAV5 2.06 STATE STREET CORP NOTES DTD 05/19/2016 1.950% 05/19/2021 24,509.65 24,914.94 16.25 24,905.50 05/24/1605/19/16A1A 25,000.00 857477AV5 2.03 6,801.36 1,312,362.26 1,314,849.05 1.70 1,318,456.05 1,310,000.00 Security Type Sub-Total Certificate of Deposit NORDEA BANK FINLAND NY CD DTD 05/29/2015 1.150% 05/26/2017 100,059.10 100,000.00 15.97 100,000.00 05/29/1505/27/15Aa3AA- 100,000.00 65558LFA5 1.15 SKANDINAVISKA ENSKILDA BANKEN NY CD DTD 11/17/2015 1.480% 11/16/2017 99,864.50 100,000.00 1,562.22 100,000.00 11/17/1511/16/15P-1A-1 100,000.00 83050FBG5 1.48 HSBC BANK USA NA CD DTD 11/18/2015 1.540% 11/17/2017 100,168.50 100,000.00 1,621.28 100,000.00 11/18/1511/17/15P-1A-1+ 100,000.00 40428AR58 1.54 ROYAL BANK OF CANADA NY CD DTD 03/15/2016 1.700% 03/09/2018 100,142.00 100,000.00 387.22 100,000.00 03/15/1603/11/16Aa3AA- 100,000.00 78009NZZ2 1.69 3,586.69 400,234.10 400,000.00 1.46 400,000.00 400,000.00 Security Type Sub-Total 5,045,000.00 5,077,340.29 1.37 19,464.14 5,074,597.08 5,040,583.31 Managed Account Sub-Total Money Market Fund CAMP Pool 13,649.02 13,649.02 0.00 13,649.02 NRAAAm 13,649.02 13,649.02 13,649.02 0.00 13,649.02 13,649.02 Money Market Sub-Total Page 9 For the Month Ending November 30, 2016Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS $5,058,649.02 $5,090,989.31 $19,464.14 $5,088,246.10 $5,054,232.33 1.37% $5,073,696.47 $19,464.14 Total Investments Accrued Interest Securities Sub-Total Page 10 For the Month Ending November 30, 2016Managed Account Fair Market Value & Analytics Value On Cost Amort Cost to WorstCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Security Type/Description Next Call Market YTMEffective Duration U.S. Treasury Bond / Note 0.83 (18.04) 102.54 24,957.03 99.83 CITIGRP 25,000.00 912828TS9US TREASURY NOTES DTD 10/01/2012 0.625% 09/30/2017 0.83 0.83 0.99 427.04 2,490.26 149,607.45 99.74 MERRILL 150,000.00 912828UA6US TREASURY NOTES DTD 11/30/2012 0.625% 11/30/2017 0.89 0.99 1.97 526.92 890.65 95,226.39 100.24 CITIGRP 95,000.00 912828A34US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 1.13 1.97 2.94 61.82 346.27 44,477.91 98.84 CITIGRP 45,000.00 912828UB4US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 1.40 2.94 3.16 273.11 649.38 124,086.88 99.27 CITIGRP 125,000.00 912828UQ1US TREASURY NOTES DTD 02/28/2013 1.250% 02/29/2020 1.48 3.16 3.16 (782.12)(673.88) 148,904.25 99.27 MORGANST 150,000.00 912828UQ1US TREASURY NOTES DTD 02/28/2013 1.250% 02/29/2020 1.48 3.16 3.51 (103.15)(395.49) 76,019.55 101.36 MERRILL 75,000.00 912828VP2US TREASURY NOTES DTD 07/31/2013 2.000% 07/31/2020 1.62 3.51 3.58 577.75 0.06 178,028.38 101.73 MORGANST 175,000.00 912828VV9US TREASURY NOTES DTD 09/03/2013 2.125% 08/31/2020 1.65 3.58 3.77 (1,241.38)(1,554.66) 100,296.90 100.30 MERRILL 100,000.00 912828WC0US TREASURY NOTES DTD 10/31/2013 1.750% 10/31/2020 1.67 3.77 3.83 (968.84)(1,294.92) 75,846.68 101.13 MERRILL 75,000.00 912828A42US TREASURY NOTE DTD 12/02/2013 2.000% 11/30/2020 1.71 3.83 3.85 (2,196.58)(3,056.67) 128,222.63 102.58 MERRILL 125,000.00 912828A83US TREASURY NOTES DTD 12/31/2013 2.375% 12/31/2020 1.72 3.85 3.90 (1,895.84)(2,133.83) 125,107.38 100.09 MORGANST 125,000.00 912828N48US TREASURY N/B DTD 12/31/2015 1.750% 12/31/2020 1.73 3.90 4.04 (3,480.94)(3,894.53) 100,996.10 101.00 MORGANST 100,000.00 912828B90US TREASURY NOTES DTD 02/28/2014 2.000% 02/28/2021 1.76 4.04 4.18 (1,848.88)(1,909.95) 53,790.44 97.80 CITIGRP 55,000.00 912828Q37US TREASURY NOTES DTD 03/31/2016 1.250% 03/31/2021 1.78 4.18 4.29 (5,833.98)(6,240.26) 226,845.68 100.82 HSBC 225,000.00 912828WN6US TREASURY NOTES DTD 06/02/2014 2.000% 05/31/2021 1.81 4.29 4.49 (2,285.23)(2,373.08) 75,442.35 100.59 HSBC 75,000.00 912828D72US TREASURY NOTES DTD 09/02/2014 2.000% 08/31/2021 1.87 4.49 (19,048.11) 1.56 3.38 (18,788.34) 1,727,856.00 1,720,000.00 Security Type Sub-Total 3.38 Page 11 For the Month Ending November 30, 2016Managed Account Fair Market Value & Analytics Value On Cost Amort Cost to WorstCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Security Type/Description Next Call Market YTMEffective Duration Municipal Bond / Note 2.23 209.91 174.90 30,259.20 100.86 VINING 30,000.00 20772JZK1CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 1.59 2.23 174.90 1.59 2.23 209.91 30,259.20 30,000.00 Security Type Sub-Total 2.23 Federal Agency Collateralized Mortgage Obligation 1.16 (62.09)(219.01) 25,030.90 100.12 GOLDMAN 25,000.00 3136ANJY4FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 1.36 1.17 1.87 (36.73)(132.31) 25,117.69 100.47 GOLDMAN 25,000.00 3136AQSW1FNMA SERIES 2015-M15 ASQ2 DTD 11/01/2015 1.898% 01/01/2019 1.58 1.40 2.54 (294.93)(440.05) 45,010.58 100.02 MORGANST 45,000.00 3136AQDQ0FANNIE MAE SERIES 2015-M13 ASQ2 DTD 10/01/2015 1.646% 09/01/2019 1.59 1.74 (791.37) 1.53 2.00 (393.75) 95,159.17 95,000.00 Security Type Sub-Total 1.50 Federal Agency Bond / Note 1.46 193.18 1,250.30 99,735.30 99.74 CSFB 100,000.00 3135G0WJ8FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 1.06 1.46 1.46 (13.61) 725.38 124,669.13 99.74 BNP PARI 125,000.00 3135G0WJ8FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 1.06 1.46 1.56 (171.21)(172.93) 49,838.15 99.68 WELLSFAR 50,000.00 3130A8BD4FEDERAL HOME LOAN BANKS AGCY DTD 05/27/2016 0.875% 06/29/2018 1.08 1.56 1.67 (568.88)(511.90) 99,112.10 99.11 CITIGRP 100,000.00 3130A8PK3FHLB NOTES DTD 07/08/2016 0.625% 08/07/2018 1.16 1.67 1.96 438.71 (66.99) 105,930.51 100.89 GOLDMAN 105,000.00 3135G0YT4FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 1.17 1.96 2.20 (360.97)(376.35) 49,750.15 99.50 BMO 50,000.00 3135G0J53FNMA BENCHMARK NOTE DTD 02/23/2016 1.000% 02/26/2019 1.23 2.20 2.20 (404.45)(329.62) 124,375.38 99.50 JPMCHASE 125,000.00 3135G0J53FNMA BENCHMARK NOTE DTD 02/23/2016 1.000% 02/26/2019 1.23 2.20 2.62 (1,513.87)(1,491.00) 123,299.00 98.64 GOLDMAN 125,000.00 3135G0N33FNMA BENCHMARK NOTE DTD 08/02/2016 0.875% 08/02/2019 1.40 2.62 2.63 (1,476.55)(1,450.87) 123,309.13 98.65 WELLSFAR 125,000.00 3130A8Y72FHLB GLOBAL NOTE DTD 08/04/2016 0.875% 08/05/2019 1.39 2.63 Page 12 For the Month Ending November 30, 2016Managed Account Fair Market Value & Analytics Value On Cost Amort Cost to WorstCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Security Type/Description Next Call Market YTMEffective Duration Federal Agency Bond / Note 2.69 (1,215.65)(1,199.75) 123,605.25 98.88 GOLDMAN 125,000.00 3135G0P49FNMA NOTES DTD 09/02/2016 1.000% 08/28/2019 1.42 2.69 2.77 (1,392.52)(1,384.62) 123,506.63 98.81 BARCLAYS 125,000.00 3130A9EP2FHLB GLOBAL NOTES DTD 09/09/2016 1.000% 09/26/2019 1.43 2.77 2.89 (301.66)(301.35) 104,674.50 99.69 MERRILL 105,000.00 3130AA3R7FHLB NOTES DTD 11/17/2016 1.375% 11/15/2019 1.48 2.89 4.45 (3,284.50)(3,228.63) 121,011.25 96.81 TD SEC U 125,000.00 3130A8QS5FHLB GLOBAL NOTE DTD 07/14/2016 1.125% 07/14/2021 1.85 4.45 4.53 (658.21)(653.50) 24,260.98 97.04 TD SEC U 25,000.00 3135G0N82FNMA NOTES DTD 08/19/2016 1.250% 08/17/2021 1.91 4.53 4.53 (2,058.71)(2,040.88) 77,635.12 97.04 CITIGRP 80,000.00 3135G0N82FNMA NOTES DTD 08/19/2016 1.250% 08/17/2021 1.91 4.53 (11,232.71) 1.36 2.57 (12,788.90) 1,474,712.58 1,490,000.00 Security Type Sub-Total 2.57 Corporate Note 0.37 49.66 (2,403.75) 125,266.25 100.21 04/15/17BARCLAYS 125,000.00 91159HHD5US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 1.18 0.36 1.00 (217.70)(545.25) 74,860.50 99.81 11/05/17BARCLAYS 75,000.00 166764AA8CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 1.29 0.98 1.00 (186.00)(186.00) 99,814.00 99.81 11/05/17MORGANST 100,000.00 166764AA8CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 1.29 0.98 1.17 7.20 353.80 99,895.80 99.90 HSBC 100,000.00 459200HK0IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 1.34 1.17 1.25 (164.99)(143.50) 99,827.50 99.83 GOLDMAN 100,000.00 06406HCJ6BANK OF NEW YORK MELLON (CALLABLE) DTD 03/06/2013 1.350% 03/06/2018 1.49 1.22 1.41 (193.07)(48.95) 54,748.10 99.54 GOLDMAN 55,000.00 037833AJ9APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 1.33 1.41 1.53 233.68 233.68 80,233.68 100.29 BARCLAYS 80,000.00 166764AE0CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 1.53 1.53 2.18 229.75 (2.30) 50,472.70 100.95 BONY 50,000.00 17275RAR3CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 1.69 2.18 Page 13 For the Month Ending November 30, 2016Managed Account Fair Market Value & Analytics Value On Cost Amort Cost to WorstCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Security Type/Description Next Call Market YTMEffective Duration Corporate Note 2.18 166.77 3.20 50,472.70 100.95 BNP PARI 50,000.00 17275RAR3CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 1.69 2.18 2.33 (116.04)(109.80) 49,858.20 99.72 03/25/19MIZUHO 50,000.00 38141GVT8GOLDMAN SACHS GRP INC CORP NT (CALLABLE) DTD 04/25/2016 2.000% 04/25/2019 2.12 2.31 2.42 (43.63)(41.62) 24,945.38 99.78 CITIGRP 25,000.00 172967KS9CITIGROUP INC CORP NOTES DTD 06/09/2016 2.050% 06/07/2019 2.14 2.42 2.60 1,285.61 1,366.20 101,181.20 101.18 MERRILL 100,000.00 02665WAH4AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 1.80 2.60 2.65 (293.90)(662.65) 26,934.85 107.74 GOLDMAN 25,000.00 12189TBC7BURLINGTON NRTH CORP DTD 09/24/2009 4.700% 10/01/2019 1.88 2.65 3.02 (1,918.53)(2,351.65) 173,871.60 99.36 JEFFERIE 175,000.00 94974BGF1WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 2.36 3.02 3.26 535.37 412.40 100,909.40 100.91 05/23/20JPMCHASE 100,000.00 46625HLW8JP MORGAN CHASE & CO CORP NT (CALLABLE) DTD 06/23/2015 2.750% 06/23/2020 2.48 3.32 4.11 (1,027.23)(1,145.05) 50,003.95 100.01 KEYBAN 50,000.00 06406FAA1BANK OF NEW YORK MELLON CORP DTD 02/19/2016 2.500% 04/15/2021 2.50 4.11 4.21 (428.45)(426.70) 24,556.80 98.23 SCOTIA 25,000.00 05531FAV5BRANCH BANKING & TRUST CORP NOTE DTD 05/10/2016 2.050% 05/10/2021 2.47 4.21 4.25 (405.29)(395.85) 24,509.65 98.04 GOLDMAN 25,000.00 857477AV5STATE STREET CORP NOTES DTD 05/19/2016 1.950% 05/19/2021 2.42 4.25 (6,093.79) 1.77 2.03 (2,486.79) 1,312,362.26 1,310,000.00 Security Type Sub-Total 2.03 Certificate of Deposit 0.48 59.10 59.10 100,059.10 100.06 MERRILL 100,000.00 65558LFA5NORDEA BANK FINLAND NY CD DTD 05/29/2015 1.150% 05/26/2017 1.05 0.48 0.95 (135.50)(135.50) 99,864.50 99.86 GOLDMAN 100,000.00 83050FBG5SKANDINAVISKA ENSKILDA BANKEN NY CD DTD 11/17/2015 1.480% 11/16/2017 1.60 0.95 0.96 168.50 168.50 100,168.50 100.17 HSBC 100,000.00 40428AR58HSBC BANK USA NA CD DTD 11/18/2015 1.540% 11/17/2017 1.35 0.96 Page 14 For the Month Ending November 30, 2016Managed Account Fair Market Value & Analytics Value On Cost Amort Cost to WorstCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Security Type/Description Next Call Market YTMEffective Duration Certificate of Deposit 1.26 142.00 142.00 100,142.00 100.14 RBC CAP 100,000.00 78009NZZ2ROYAL BANK OF CANADA NY CD DTD 03/15/2016 1.700% 03/09/2018 1.56 1.26 234.10 1.39 0.91 234.10 400,234.10 400,000.00 Security Type Sub-Total 0.91 5,045,000.00 5,040,583.31 (36,756.98) (34,013.77) 2.56 1.54 Managed Account Sub-Total 2.55 Money Market Fund 0.00 0.00 0.00 13,649.02 1.00 13,649.02 CAMP Pool 0.00 13,649.02 13,649.02 0.00 0.00 0.00 Money Market Sub-Total 0.00 Total Investments $5,073,696.47 $19,464.14 $5,054,232.33 Accrued Interest Securities Sub-Total $5,058,649.02 ($36,756.98) ($34,013.77) 2.56 1.54% 2.55 Page 15 For the Month Ending November 30, 2016Managed 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/L Realized G/L Sale Amort Cost Method BUY 11/17/16 FHLB NOTES DTD 11/17/2016 1.375% 11/15/2019 3130AA3R7 (104,975.85) 0.00 (104,975.85) 105,000.00 11/16/16 0.00 (104,975.85)(104,975.85) 105,000.00 Transaction Type Sub-Total INTEREST 11/25/16 FANNIE MAE SERIES 2015-M13 ASQ2 DTD 10/01/2015 1.646% 09/01/2019 3136AQDQ0 0.00 61.73 61.73 45,000.00 11/01/16 11/25/16 FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 3136ANJY4 0.00 32.29 32.29 25,000.00 11/01/16 11/25/16 FNMA SERIES 2015-M15 ASQ2 DTD 11/01/2015 1.898% 01/01/2019 3136AQSW1 0.00 39.54 39.54 25,000.00 11/01/16 11/03/16 APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 037833AJ9 0.00 275.00 275.00 55,000.00 11/03/16 11/10/16 BRANCH BANKING & TRUST CORP NOTE DTD 05/10/2016 2.050% 05/10/2021 05531FAV5 0.00 256.25 256.25 25,000.00 11/10/16 11/15/16 US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 91159HHD5 0.00 1,031.25 1,031.25 125,000.00 11/15/16 11/16/16 SKANDINAVISKA ENSKILDA BANKEN NY CD DTD 11/17/2015 1.480% 11/16/2017 83050FBG5 0.00 1,500.56 1,500.56 100,000.00 11/16/16 11/19/16 STATE STREET CORP NOTES DTD 05/19/2016 1.950% 05/19/2021 857477AV5 0.00 243.75 243.75 25,000.00 11/19/16 11/21/16 FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 3135G0WJ8 0.00 546.88 546.88 125,000.00 11/21/16 11/21/16 FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 3135G0WJ8 0.00 437.50 437.50 100,000.00 11/21/16 11/30/16 NORDEA BANK FINLAND NY CD DTD 05/29/2015 1.150% 05/26/2017 65558LFA5 0.00 594.16 594.16 100,000.00 11/26/16 11/27/16 FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 3135G0YT4 0.00 853.12 853.12 105,000.00 11/27/16 11/30/16 US TREASURY NOTES DTD 11/30/2012 0.625% 11/30/2017 912828UA6 0.00 468.75 468.75 150,000.00 11/30/16 Page 16 For the Month Ending November 30, 2016Managed 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/L Realized G/L Sale Amort Cost Method INTEREST 11/30/16 US TREASURY NOTES DTD 06/02/2014 2.000% 05/31/2021 912828WN6 0.00 2,250.00 2,250.00 225,000.00 11/30/16 11/30/16 US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 912828UB4 0.00 225.00 225.00 45,000.00 11/30/16 11/30/16 US TREASURY NOTE DTD 12/02/2013 2.000% 11/30/2020 912828A42 0.00 750.00 750.00 75,000.00 11/30/16 11/30/16 US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 912828A34 0.00 593.75 593.75 95,000.00 11/30/16 10,159.53 10,159.53 0.00 1,445,000.00 Transaction Type Sub-Total SELL 11/17/16 US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 912828UB4 104,060.74 487.70 104,548.44 1,086.91 440.16 SPEC LOT 105,000.00 11/16/16 487.70 440.16 1,086.91 104,548.44 104,060.74 105,000.00 Transaction Type Sub-Total (915.11) 10,647.23 9,732.12 1,086.91 440.16 Managed Account Sub-Total Total Security Transactions $1,086.91 $9,732.12 $10,647.23 ($915.11)$440.16 Page 17 For the Month Ending November 30, 2016Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Total Settlement Dollar AmountShare or Trade Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool 4,347.07 Opening Balance 11/03/16 11/03/16 Purchase - Interest 037833AJ9 1.00 275.00 4,622.07 11/10/16 11/10/16 Purchase - Interest 05531FAV5 1.00 256.25 4,878.32 11/15/16 11/15/16 Purchase - Interest 91159HHD5 1.00 1,031.25 5,909.57 11/16/16 11/16/16 Purchase - Interest 83050FBG5 1.00 1,500.56 7,410.13 11/17/16 11/17/16 Purchase - Interest 912828UB4 1.00 487.70 7,897.83 11/17/16 11/17/16 Purchase - Principal 912828UB4 1.00 104,060.74 111,958.57 11/17/16 11/17/16 Redemption - Principal 3130AA3R7 1.00 (104,975.85) 6,982.72 11/21/16 11/21/16 Purchase - Interest 3135G0WJ8 1.00 437.50 7,420.22 11/21/16 11/21/16 Purchase - Interest 3135G0WJ8 1.00 546.88 7,967.10 11/21/16 11/21/16 Purchase - Interest 857477AV5 1.00 243.75 8,210.85 11/22/16 11/22/16 IP Fees October 2016 1.00 (398.64) 7,812.21 11/22/16 11/22/16 U.S. Bank Fees September 2016 1.00 (35.03) 7,777.18 11/25/16 11/25/16 Purchase - Interest 3136ANJY4 1.00 32.29 7,809.47 11/25/16 11/25/16 Purchase - Interest 3136AQDQ0 1.00 61.73 7,871.20 11/25/16 11/25/16 Purchase - Interest 3136AQSW1 1.00 39.54 7,910.74 11/28/16 11/28/16 Purchase - Interest 3135G0YT4 1.00 853.13 8,763.87 11/28/16 11/28/16 Purchase - Interest 65558LFA5 1.00 587.78 9,351.65 11/29/16 11/29/16 Purchase - Individual Portfolio Interest 1.00 853.12 10,204.77 11/29/16 11/29/16 Redemption - Individual Portfolio Interest 1.00 (853.13) 9,351.64 11/30/16 11/30/16 Purchase - Interest 912828A34 1.00 593.75 9,945.39 11/30/16 11/30/16 Purchase - Interest 912828A42 1.00 750.00 10,695.39 Page 18 For the Month Ending November 30, 2016Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Total Settlement Dollar AmountShare or Trade Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool 11/30/16 11/30/16 Purchase - Interest 912828UA6 1.00 468.75 11,164.14 11/30/16 11/30/16 Purchase - Interest 912828UB4 1.00 225.00 11,389.14 11/30/16 11/30/16 Purchase - Interest 912828WN6 1.00 2,250.00 13,639.14 11/30/16 11/30/16 Purchase - Correction to Interest 65558LFA5 from 11/26/16 1.00 594.17 14,233.31 11/30/16 11/30/16 Redemption - Reversal of Interest 65558LFA5 from 11/26/16 1.00 (587.78) 13,645.53 11/30/16 12/01/16 Accrual Income Div Reinvestment - Distributions 1.00 3.49 13,649.02 13,649.02 13,649.02 13,649.02 6,477.26 49.97 0.00 (2,711,882.78) 2,721,322.45 4,209.35 3.49 13,649.02 0.00 (106,850.43) 116,152.38 4,347.07 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 November January-November 0.66% Page 19 Successor Agency CAMP Account For the Month Ending November 30, 2016Account Statement - Transaction Summary CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Opening Market Value Purchases Redemptions Change in Value Closing Market Value 9,942.91 383,581.28 (370,598.55) 0.00 $22,925.64 CAMP Pool Unsettled Trades 0.00 6.84 Cash Dividends and Income Opening Market Value Purchases Redemptions Change in Value Closing Market Value 5,287,895.67 367,633.82 (366,359.91) (52,665.25) $5,236,504.33 CAMP Managed Account Unsettled Trades 0.00 16,605.82 Cash Dividends and Income November 30, 2016 October 31, 2016 Asset Summary CAMP Pool 22,925.64 9,942.91 CAMP Managed Account 5,236,504.33 5,287,895.67 $5,259,429.97 $5,297,838.58 Total Asset Allocation 0.44% CAMP Pool 99.56% CAMP Managed Account Page 1 For the Month Ending November 30, 2016Managed 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 $9,942.91 383,581.28 (370,598.55) $22,925.64 6.84 $5,287,895.67 0.00 (366,359.91) 367,633.82 0.00 (52,665.25) $5,236,504.33 $5,297,838.58 $5,259,429.97 15,773.62 (1,073.77) 1,905.97 $16,605.82 0.00 368,273.98 13,859.55 0.00 (368,707.59) (13,425.94) 0.00 Managed Account Total 5,269,235.17 5,292,160.81 16,862.89 368,273.98 0.00 13,859.55 (368,707.59) (5,266,645.92) (23,493.65) 0.00 16,862.89 738,872.53 0.00 13,859.55 (752,288.87) (5,276,588.83) (23,493.65) 6.84 Total Accrual Basis Earnings $9,384.43 $9,391.27 Transaction Summary - Managed AccountTransaction Summary - Money Market _______________________________________________ _______________________________________________ _____________________________________________________ Cash Balance $0.00 Closing Cash Balance Page 2 For the Month Ending November 30, 2016Portfolio Summary and Statistics CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Account Summary Percent Par Value Market ValueDescription U.S. Treasury Bond / Note 1,820,000.00 1,828,321.79 34.75 Municipal Bond / Note 30,000.00 30,259.20 0.58 Federal Agency Collateralized Mortgage Obligation 95,000.00 95,159.17 1.81 Federal Agency Bond / Note 1,785,000.00 1,768,307.83 33.62 Corporate Note 1,110,000.00 1,114,222.24 21.19 Certificate of Deposit 400,000.00 400,234.10 7.61 Managed Account Sub-Total 5,240,000.00 5,236,504.33 99.56% Accrued Interest 16,862.89 Total Portfolio 5,240,000.00 5,253,367.22 CAMP Pool 22,925.64 22,925.64 0.44 Total Investments 5,262,925.64 5,276,292.86 100.00% Unsettled Trades 0.00 0.00 Sector Allocation 7.61% Cert of Deposit 21.19% Corporate Note 1.81% Fed Agency CMO 33.62% Fed Agy Bond / Note 0.44% Mny Mkt Fund 0.58% Muni Bond / Note 34.75% 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 7.11%6.17% 19.69% 32.89% 12.63% 21.51% 0.00% Maturity Distribution Characteristics Yield to Maturity at Cost Yield to Maturity at Market Duration to Worst Weighted Average Days to Maturity 2.58 978 1.36% 1.52% Page 3 For the Month Ending November 30, 2016Managed Account Issuer Summary CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Credit Quality (S&P Ratings) 4.30% A 6.69% A+ 2.39% A- 1.90% A-1 1.90% A-1+ 71.23% AA+ 9.73% AA- 0.44% AAAm 1.42% BBB+ Issuer Summary Percentof HoldingsIssuer Market Value 101,181.20 1.92 AMERICAN HONDA FINANCE 54,748.10 1.04 APPLE INC 124,874.58 2.37 BANK OF NEW YORK CO INC 24,556.80 0.47 BB&T CORPORTATION 26,934.85 0.51 BURLINGTON NORTHERN SANTA FE 22,925.64 0.44 CAMP Pool 80,233.68 1.53 CHEVRON CORP 100,945.40 1.92 CISCO SYSTEMS INC 24,945.38 0.47 CITIGROUP INC 1,202,202.73 22.86 FANNIE MAE 606,505.11 11.53 FEDERAL HOME LOAN BANKS 54,759.16 1.04 FREDDIE MAC 49,858.20 0.95 GOLDMAN SACHS GROUP INC 100,168.50 1.90 HSBC HOLDINGS PLC 99,895.80 1.90 IBM CORP 100,909.40 1.92 JP MORGAN CHASE & CO 100,059.10 1.90 NORDEA BANK AB 100,142.00 1.90 ROYAL BANK OF CANADA 99,864.50 1.90 SKANDINAVISKA ENSKIDA BANKEN AB 30,259.20 0.58 STATE OF CONNECTICUT 24,509.65 0.47 STATE STREET CORPORATION 1,828,321.79 34.77 UNITED STATES TREASURY 250,532.50 4.76 US BANCORP 50,096.70 0.95 WELLS FARGO & COMPANY $5,259,429.97 Total 100.00% Page 4 For the Month Ending November 30, 2016Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par U.S. Treasury Bond / Note US TREASURY NOTES DTD 11/30/2012 0.625% 11/30/2017 124,672.88 124,317.01 2.15 122,597.66 05/09/1405/06/14AaaAA+ 125,000.00 912828UA6 1.18 US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 20,047.66 19,903.27 0.69 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 75,178.73 74,762.74 2.58 74,475.59 06/03/1406/02/14AaaAA+ 75,000.00 912828A34 1.41 US TREASURY NOTES DTD 04/30/2014 1.625% 04/30/2019 75,673.80 76,006.04 104.37 76,025.39 11/14/1611/10/16AaaAA+ 75,000.00 912828D23 1.06 US TREASURY NOTES DTD 06/02/2014 1.500% 05/31/2019 150,867.15 151,611.29 6.18 151,640.63 11/14/1611/10/16AaaAA+ 150,000.00 912828WL0 1.06 US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 59,303.88 59,221.46 1.65 58,842.19 05/29/1505/28/15AaaAA+ 60,000.00 912828UB4 1.44 US TREASURY NOTES DTD 02/28/2013 1.250% 02/29/2020 173,721.63 173,339.27 555.94 172,812.50 11/09/1511/05/15AaaAA+ 175,000.00 912828UQ1 1.55 US TREASURY NOTES DTD 07/31/2013 2.000% 07/31/2020 101,359.40 101,496.93 668.48 101,886.72 12/04/1512/01/15AaaAA+ 100,000.00 912828VP2 1.58 US TREASURY NOTES DTD 09/03/2013 2.125% 08/31/2020 188,201.43 187,590.67 999.10 188,201.37 12/30/1512/28/15AaaAA+ 185,000.00 912828VV9 1.74 US TREASURY NOTES DTD 10/31/2013 1.750% 10/31/2020 100,296.90 101,538.28 149.86 101,851.56 02/03/1602/01/16AaaAA+ 100,000.00 912828WC0 1.35 US TREASURY NOTE DTD 12/02/2013 2.000% 11/30/2020 176,975.58 179,236.21 9.62 179,997.07 03/04/1603/02/16AaaAA+ 175,000.00 912828A42 1.38 US TREASURY N/B DTD 12/31/2015 1.750% 12/31/2020 125,107.38 127,003.22 915.42 127,241.21 05/31/1605/27/16AaaAA+ 125,000.00 912828N48 1.35 US TREASURY NOTES DTD 02/28/2014 2.000% 02/28/2021 75,747.08 78,357.78 381.22 78,667.97 07/08/1607/06/16AaaAA+ 75,000.00 912828B90 0.92 US TREASURY NOTES DTD 03/31/2016 1.250% 03/31/2021 53,790.44 55,639.32 117.10 55,700.39 06/29/1606/27/16AaaAA+ 55,000.00 912828Q37 0.98 Page 5 For the Month Ending November 30, 2016Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par U.S. Treasury Bond / Note US TREASURY NOTES DTD 06/02/2014 2.000% 05/31/2021 201,640.60 206,826.37 10.99 207,187.50 09/02/1609/01/16AaaAA+ 200,000.00 912828WN6 1.22 US TREASURY NOTES DTD 09/02/2014 2.000% 08/31/2021 125,737.25 129,545.96 635.36 129,692.38 10/05/1610/03/16AaaAA+ 125,000.00 912828D72 1.21 4,560.71 1,828,321.79 1,846,395.82 1.33 1,846,610.76 1,820,000.00 Security Type Sub-Total Municipal Bond / Note CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 30,259.20 30,049.29 125.02 30,084.30 03/25/1503/16/15Aa3AA- 30,000.00 20772JZK1 1.90 125.02 30,259.20 30,049.29 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 25,030.90 25,092.99 32.29 25,249.91 04/30/1504/15/15AaaAA+ 25,000.00 3136ANJY4 0.83 FNMA SERIES 2015-M15 ASQ2 DTD 11/01/2015 1.898% 01/01/2019 25,117.69 25,154.42 39.54 25,250.00 11/30/1511/06/15AaaAA+ 25,000.00 3136AQSW1 1.20 FANNIE MAE SERIES 2015-M13 ASQ2 DTD 10/01/2015 1.646% 09/01/2019 45,010.58 45,305.51 61.73 45,450.63 10/30/1510/07/15AaaAA+ 45,000.00 3136AQDQ0 1.08 133.56 95,159.17 95,552.92 1.05 95,950.54 95,000.00 Security Type Sub-Total Federal Agency Bond / Note FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 74,801.48 74,656.59 18.23 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 99,735.30 99,746.19 24.31 99,155.00 05/24/1305/22/13AaaAA+ 100,000.00 3135G0WJ8 1.05 FHLB NOTES DTD 07/08/2016 0.625% 08/07/2018 99,112.10 99,680.98 197.92 99,624.00 08/12/1608/11/16AaaAA+ 100,000.00 3130A8PK3 0.82 FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 105,930.51 105,491.80 18.96 105,997.50 10/23/1410/22/14AaaAA+ 105,000.00 3135G0YT4 1.39 Page 6 For the Month Ending November 30, 2016Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par Federal Agency Bond / Note FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 126,107.75 125,001.92 22.57 125,003.75 06/19/1406/16/14AaaAA+ 125,000.00 3135G0YT4 1.62 FNMA BENCHMARK NOTE DTD 02/23/2016 1.000% 02/26/2019 49,750.15 50,111.12 131.94 50,126.50 08/08/1608/05/16AaaAA+ 50,000.00 3135G0J53 0.90 FNMA BENCHMARK NOTE DTD 02/23/2016 1.000% 02/26/2019 124,375.38 124,779.83 329.86 124,705.00 02/23/1602/19/16AaaAA+ 125,000.00 3135G0J53 1.08 FREDDIE MAC NOTES DTD 03/21/2016 1.125% 04/15/2019 54,759.16 55,295.09 79.06 55,331.10 08/15/1608/12/16AaaAA+ 55,000.00 3137EADZ9 0.90 FNMA BENCHMARK NOTE DTD 08/02/2016 0.875% 08/02/2019 123,299.00 124,812.87 361.55 124,790.00 08/02/1607/29/16AaaAA+ 125,000.00 3135G0N33 0.93 FHLB GLOBAL NOTE DTD 08/04/2016 0.875% 08/05/2019 123,309.13 124,785.68 355.47 124,760.00 08/04/1608/03/16AaaAA+ 125,000.00 3130A8Y72 0.94 FNMA NOTES DTD 09/02/2016 1.000% 08/28/2019 123,605.25 124,820.90 309.03 124,805.00 09/02/1608/31/16AaaAA+ 125,000.00 3135G0P49 1.05 FHLB GLOBAL NOTES DTD 09/09/2016 1.000% 09/26/2019 123,506.63 124,899.15 225.69 124,891.25 09/09/1609/08/16AaaAA+ 125,000.00 3130A9EP2 1.03 FANNIE MAE GLOBAL NOTES DTD 10/25/2016 1.000% 10/24/2019 177,542.64 179,533.47 180.00 179,517.60 10/25/1610/21/16AaaAA+ 180,000.00 3135G0R39 1.09 FHLB NOTES DTD 11/17/2016 1.375% 11/15/2019 139,566.00 139,968.21 74.86 139,967.80 11/17/1611/16/16AaaAA+ 140,000.00 3130AA3R7 1.38 FHLB GLOBAL NOTE DTD 07/14/2016 1.125% 07/14/2021 121,011.25 124,295.75 535.16 124,239.88 07/15/1607/14/16AaaAA+ 125,000.00 3130A8QS5 1.25 FNMA NOTES DTD 08/19/2016 1.250% 08/17/2021 24,260.98 24,919.19 88.54 24,914.48 08/19/1608/17/16AaaAA+ 25,000.00 3135G0N82 1.32 FNMA NOTES DTD 08/19/2016 1.250% 08/17/2021 77,635.12 79,693.83 283.33 79,676.00 08/19/1608/17/16AaaAA+ 80,000.00 3135G0N82 1.33 3,236.48 1,768,307.83 1,782,492.57 1.14 1,781,368.61 1,785,000.00 Security Type Sub-Total Page 7 For the Month Ending November 30, 2016Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par Corporate Note US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 250,532.50 250,000.00 183.33 255,340.00 07/30/1207/25/12A1A+ 250,000.00 91159HHD5 1.19 IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 99,895.80 99,888.60 392.36 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 74,870.63 74,994.36 239.06 74,978.25 03/06/1303/04/13A1A 75,000.00 06406HCJ6 1.36 APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 54,748.10 54,941.17 42.78 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 80,233.68 80,000.00 599.39 80,000.00 06/24/1306/17/13Aa2AA- 80,000.00 166764AE0 1.72 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 50,472.70 50,242.95 265.63 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 50,472.70 50,305.93 265.63 50,469.50 09/04/1509/01/15A1AA- 50,000.00 17275RAR3 1.85 GOLDMAN SACHS GRP INC CORP NT (CALLABLE) DTD 04/25/2016 2.000% 04/25/2019 49,858.20 49,974.24 100.00 49,968.00 04/26/1604/21/16A3BBB+ 50,000.00 38141GVT8 2.02 CITIGROUP INC CORP NOTES DTD 06/09/2016 2.050% 06/07/2019 24,945.38 24,989.01 244.86 24,987.00 06/09/1606/02/16Baa1BBB+ 25,000.00 172967KS9 2.07 AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 101,181.20 99,895.59 662.50 99,815.00 09/09/1409/04/14A1A+ 100,000.00 02665WAH4 2.29 BURLINGTON NRTH CORP DTD 09/24/2009 4.700% 10/01/2019 26,934.85 27,228.75 195.83 27,597.50 06/08/1606/03/16A3A 25,000.00 12189TBC7 1.48 JP MORGAN CHASE & CO CORP NT (CALLABLE) DTD 06/23/2015 2.750% 06/23/2020 100,909.40 100,374.03 1,206.94 100,497.00 09/04/1509/01/15A3A- 100,000.00 46625HLW8 2.64 WELLS FARGO & COMPANY NOTES DTD 12/07/2015 2.550% 12/07/2020 50,096.70 50,978.57 616.25 51,108.00 05/10/1605/06/16A2A 50,000.00 94974BGR5 2.04 Page 8 For the Month Ending November 30, 2016Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par Corporate Note BANK OF NEW YORK MELLON CORP DTD 02/19/2016 2.500% 04/15/2021 50,003.95 51,031.18 159.72 51,149.00 05/19/1605/16/16A1A 50,000.00 06406FAA1 2.00 BRANCH BANKING & TRUST CORP NOTE DTD 05/10/2016 2.050% 05/10/2021 24,556.80 24,985.25 29.90 24,983.50 05/16/1605/10/16A2A- 25,000.00 05531FAV5 2.06 STATE STREET CORP NOTES DTD 05/19/2016 1.950% 05/19/2021 24,509.65 24,914.94 16.25 24,905.50 05/24/1605/19/16A1A 25,000.00 857477AV5 2.03 5,220.43 1,114,222.24 1,114,744.57 1.72 1,120,612.30 1,110,000.00 Security Type Sub-Total Certificate of Deposit NORDEA BANK FINLAND NY CD DTD 05/29/2015 1.150% 05/26/2017 100,059.10 100,000.00 15.97 100,000.00 05/29/1505/27/15Aa3AA- 100,000.00 65558LFA5 1.15 SKANDINAVISKA ENSKILDA BANKEN NY CD DTD 11/17/2015 1.480% 11/16/2017 99,864.50 100,000.00 1,562.22 100,000.00 11/17/1511/16/15P-1A-1 100,000.00 83050FBG5 1.48 HSBC BANK USA NA CD DTD 11/18/2015 1.540% 11/17/2017 100,168.50 100,000.00 1,621.28 100,000.00 11/18/1511/17/15P-1A-1+ 100,000.00 40428AR58 1.54 ROYAL BANK OF CANADA NY CD DTD 03/15/2016 1.700% 03/09/2018 100,142.00 100,000.00 387.22 100,000.00 03/15/1603/11/16Aa3AA- 100,000.00 78009NZZ2 1.69 3,586.69 400,234.10 400,000.00 1.46 400,000.00 400,000.00 Security Type Sub-Total 5,240,000.00 5,274,626.51 1.36 16,862.89 5,269,235.17 5,236,504.33 Managed Account Sub-Total Money Market Fund CAMP Pool 22,925.64 22,925.64 0.00 22,925.64 NRAAAm 22,925.64 22,925.64 22,925.64 0.00 22,925.64 22,925.64 Money Market Sub-Total $5,262,925.64 $5,297,552.15 $16,862.89 $5,292,160.81 $5,259,429.97 1.36% $16,862.89 Total Investments Accrued Interest Securities Sub-Total $5,276,292.86 Page 9 For the Month Ending November 30, 2016Managed Account Fair Market Value & Analytics Value On Cost Amort Cost to WorstCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Security Type/Description Next Call Market YTMEffective Duration U.S. Treasury Bond / Note 0.99 355.87 2,075.22 124,672.88 99.74 MERRILL 125,000.00 912828UA6US TREASURY NOTES DTD 11/30/2012 0.625% 11/30/2017 0.89 0.99 1.97 144.39 257.03 20,047.66 100.24 MERRILL 20,000.00 912828A34US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 1.13 1.97 1.97 415.99 703.14 75,178.73 100.24 CITIGRP 75,000.00 912828A34US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 1.13 1.97 2.36 (332.24)(351.59) 75,673.80 100.90 CITIGRP 75,000.00 912828D23US TREASURY NOTES DTD 04/30/2014 1.625% 04/30/2019 1.25 2.36 2.45 (744.14)(773.48) 150,867.15 100.58 MORGANST 150,000.00 912828WL0US TREASURY NOTES DTD 06/02/2014 1.500% 05/31/2019 1.26 2.45 2.94 82.42 461.69 59,303.88 98.84 CITIGRP 60,000.00 912828UB4US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 1.40 2.94 3.16 382.36 909.13 173,721.63 99.27 CITIGRP 175,000.00 912828UQ1US TREASURY NOTES DTD 02/28/2013 1.250% 02/29/2020 1.48 3.16 3.51 (137.53)(527.32) 101,359.40 101.36 MERRILL 100,000.00 912828VP2US TREASURY NOTES DTD 07/31/2013 2.000% 07/31/2020 1.62 3.51 3.58 610.76 0.06 188,201.43 101.73 MORGANST 185,000.00 912828VV9US TREASURY NOTES DTD 09/03/2013 2.125% 08/31/2020 1.65 3.58 3.77 (1,241.38)(1,554.66) 100,296.90 100.30 MERRILL 100,000.00 912828WC0US TREASURY NOTES DTD 10/31/2013 1.750% 10/31/2020 1.67 3.77 3.83 (2,260.63)(3,021.49) 176,975.58 101.13 MERRILL 175,000.00 912828A42US TREASURY NOTE DTD 12/02/2013 2.000% 11/30/2020 1.71 3.83 3.90 (1,895.84)(2,133.83) 125,107.38 100.09 MORGANST 125,000.00 912828N48US TREASURY N/B DTD 12/31/2015 1.750% 12/31/2020 1.73 3.90 4.04 (2,610.70)(2,920.89) 75,747.08 101.00 MORGANST 75,000.00 912828B90US TREASURY NOTES DTD 02/28/2014 2.000% 02/28/2021 1.76 4.04 4.18 (1,848.88)(1,909.95) 53,790.44 97.80 CITIGRP 55,000.00 912828Q37US TREASURY NOTES DTD 03/31/2016 1.250% 03/31/2021 1.78 4.18 4.29 (5,185.77)(5,546.90) 201,640.60 100.82 HSBC 200,000.00 912828WN6US TREASURY NOTES DTD 06/02/2014 2.000% 05/31/2021 1.81 4.29 4.49 (3,808.71)(3,955.13) 125,737.25 100.59 HSBC 125,000.00 912828D72US TREASURY NOTES DTD 09/02/2014 2.000% 08/31/2021 1.87 4.49 (18,288.97) 1.55 3.34 (18,074.03) 1,828,321.79 1,820,000.00 Security Type Sub-Total 3.34 Page 10 For the Month Ending November 30, 2016Managed Account Fair Market Value & Analytics Value On Cost Amort Cost to WorstCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Security Type/Description Next Call Market YTMEffective Duration Municipal Bond / Note 2.23 209.91 174.90 30,259.20 100.86 VINING 30,000.00 20772JZK1CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 1.59 2.23 174.90 1.59 2.23 209.91 30,259.20 30,000.00 Security Type Sub-Total 2.23 Federal Agency Collateralized Mortgage Obligation 1.16 (62.09)(219.01) 25,030.90 100.12 GOLDMAN 25,000.00 3136ANJY4FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 1.36 1.17 1.87 (36.73)(132.31) 25,117.69 100.47 GOLDMAN 25,000.00 3136AQSW1FNMA SERIES 2015-M15 ASQ2 DTD 11/01/2015 1.898% 01/01/2019 1.58 1.40 2.54 (294.93)(440.05) 45,010.58 100.02 MORGANST 45,000.00 3136AQDQ0FANNIE MAE SERIES 2015-M13 ASQ2 DTD 10/01/2015 1.646% 09/01/2019 1.59 1.74 (791.37) 1.53 2.00 (393.75) 95,159.17 95,000.00 Security Type Sub-Total 1.50 Federal Agency Bond / Note 1.46 144.89 937.73 74,801.48 99.74 CSFB 75,000.00 3135G0WJ8FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 1.06 1.46 1.46 (10.89) 580.30 99,735.30 99.74 BNP PARI 100,000.00 3135G0WJ8FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 1.06 1.46 1.67 (568.88)(511.90) 99,112.10 99.11 CITIGRP 100,000.00 3130A8PK3FHLB NOTES DTD 07/08/2016 0.625% 08/07/2018 1.16 1.67 1.96 438.71 (66.99) 105,930.51 100.89 GOLDMAN 105,000.00 3135G0YT4FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 1.17 1.96 1.96 1,105.83 1,104.00 126,107.75 100.89 HSBC 125,000.00 3135G0YT4FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 1.17 1.96 2.20 (360.97)(376.35) 49,750.15 99.50 BMO 50,000.00 3135G0J53FNMA BENCHMARK NOTE DTD 02/23/2016 1.000% 02/26/2019 1.23 2.20 2.20 (404.45)(329.62) 124,375.38 99.50 JPMCHASE 125,000.00 3135G0J53FNMA BENCHMARK NOTE DTD 02/23/2016 1.000% 02/26/2019 1.23 2.20 2.33 (535.93)(571.94) 54,759.16 99.56 TD SEC U 55,000.00 3137EADZ9FREDDIE MAC NOTES DTD 03/21/2016 1.125% 04/15/2019 1.31 2.33 2.62 (1,513.87)(1,491.00) 123,299.00 98.64 GOLDMAN 125,000.00 3135G0N33FNMA BENCHMARK NOTE DTD 08/02/2016 0.875% 08/02/2019 1.40 2.62 Page 11 For the Month Ending November 30, 2016Managed Account Fair Market Value & Analytics Value On Cost Amort Cost to WorstCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Security Type/Description Next Call Market YTMEffective Duration Federal Agency Bond / Note 2.63 (1,476.55)(1,450.87) 123,309.13 98.65 WELLSFAR 125,000.00 3130A8Y72FHLB GLOBAL NOTE DTD 08/04/2016 0.875% 08/05/2019 1.39 2.63 2.69 (1,215.65)(1,199.75) 123,605.25 98.88 GOLDMAN 125,000.00 3135G0P49FNMA NOTES DTD 09/02/2016 1.000% 08/28/2019 1.42 2.69 2.77 (1,392.52)(1,384.62) 123,506.63 98.81 BARCLAYS 125,000.00 3130A9EP2FHLB GLOBAL NOTES DTD 09/09/2016 1.000% 09/26/2019 1.43 2.77 2.84 (1,990.83)(1,974.96) 177,542.64 98.63 BARCLAYS 180,000.00 3135G0R39FANNIE MAE GLOBAL NOTES DTD 10/25/2016 1.000% 10/24/2019 1.48 2.84 2.89 (402.21)(401.80) 139,566.00 99.69 MERRILL 140,000.00 3130AA3R7FHLB NOTES DTD 11/17/2016 1.375% 11/15/2019 1.48 2.89 4.45 (3,284.50)(3,228.63) 121,011.25 96.81 TD SEC U 125,000.00 3130A8QS5FHLB GLOBAL NOTE DTD 07/14/2016 1.125% 07/14/2021 1.85 4.45 4.53 (658.21)(653.50) 24,260.98 97.04 TD SEC U 25,000.00 3135G0N82FNMA NOTES DTD 08/19/2016 1.250% 08/17/2021 1.91 4.53 4.53 (2,058.71)(2,040.88) 77,635.12 97.04 CITIGRP 80,000.00 3135G0N82FNMA NOTES DTD 08/19/2016 1.250% 08/17/2021 1.91 4.53 (13,060.78) 1.38 2.61 (14,184.74) 1,768,307.83 1,785,000.00 Security Type Sub-Total 2.61 Corporate Note 0.37 532.50 (4,807.50) 250,532.50 100.21 04/15/17BARCLAYS 250,000.00 91159HHD5US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 1.18 0.36 1.17 7.20 353.80 99,895.80 99.90 HSBC 100,000.00 459200HK0IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 1.34 1.17 1.25 (123.73)(107.62) 74,870.63 99.83 GOLDMAN 75,000.00 06406HCJ6BANK OF NEW YORK MELLON (CALLABLE) DTD 03/06/2013 1.350% 03/06/2018 1.49 1.22 1.41 (193.07)(48.95) 54,748.10 99.54 GOLDMAN 55,000.00 037833AJ9APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 1.33 1.41 1.53 233.68 233.68 80,233.68 100.29 BARCLAYS 80,000.00 166764AE0CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 1.53 1.53 2.18 229.75 (2.30) 50,472.70 100.95 BONY 50,000.00 17275RAR3CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 1.69 2.18 2.18 166.77 3.20 50,472.70 100.95 BNP PARI 50,000.00 17275RAR3CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 1.69 2.18 Page 12 For the Month Ending November 30, 2016Managed Account Fair Market Value & Analytics Value On Cost Amort Cost to WorstCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Security Type/Description Next Call Market YTMEffective Duration Corporate Note 2.33 (116.04)(109.80) 49,858.20 99.72 03/25/19MIZUHO 50,000.00 38141GVT8GOLDMAN SACHS GRP INC CORP NT (CALLABLE) DTD 04/25/2016 2.000% 04/25/2019 2.12 2.31 2.42 (43.63)(41.62) 24,945.38 99.78 CITIGRP 25,000.00 172967KS9CITIGROUP INC CORP NOTES DTD 06/09/2016 2.050% 06/07/2019 2.14 2.42 2.60 1,285.61 1,366.20 101,181.20 101.18 MERRILL 100,000.00 02665WAH4AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 1.80 2.60 2.65 (293.90)(662.65) 26,934.85 107.74 GOLDMAN 25,000.00 12189TBC7BURLINGTON NRTH CORP DTD 09/24/2009 4.700% 10/01/2019 1.88 2.65 3.26 535.37 412.40 100,909.40 100.91 05/23/20JPMCHASE 100,000.00 46625HLW8JP MORGAN CHASE & CO CORP NT (CALLABLE) DTD 06/23/2015 2.750% 06/23/2020 2.48 3.32 3.75 (881.87)(1,011.30) 50,096.70 100.19 UBS AG 50,000.00 94974BGR5WELLS FARGO & COMPANY NOTES DTD 12/07/2015 2.550% 12/07/2020 2.50 3.75 4.11 (1,027.23)(1,145.05) 50,003.95 100.01 KEYBAN 50,000.00 06406FAA1BANK OF NEW YORK MELLON CORP DTD 02/19/2016 2.500% 04/15/2021 2.50 4.11 4.21 (428.45)(426.70) 24,556.80 98.23 SCOTIA 25,000.00 05531FAV5BRANCH BANKING & TRUST CORP NOTE DTD 05/10/2016 2.050% 05/10/2021 2.47 4.21 4.25 (405.29)(395.85) 24,509.65 98.04 GOLDMAN 25,000.00 857477AV5STATE STREET CORP NOTES DTD 05/19/2016 1.950% 05/19/2021 2.42 4.25 (6,390.06) 1.72 1.94 (522.33) 1,114,222.24 1,110,000.00 Security Type Sub-Total 1.94 Certificate of Deposit 0.48 59.10 59.10 100,059.10 100.06 MERRILL 100,000.00 65558LFA5NORDEA BANK FINLAND NY CD DTD 05/29/2015 1.150% 05/26/2017 1.05 0.48 0.95 (135.50)(135.50) 99,864.50 99.86 GOLDMAN 100,000.00 83050FBG5SKANDINAVISKA ENSKILDA BANKEN NY CD DTD 11/17/2015 1.480% 11/16/2017 1.60 0.95 0.96 168.50 168.50 100,168.50 100.17 HSBC 100,000.00 40428AR58HSBC BANK USA NA CD DTD 11/18/2015 1.540% 11/17/2017 1.35 0.96 1.26 142.00 142.00 100,142.00 100.14 RBC CAP 100,000.00 78009NZZ2ROYAL BANK OF CANADA NY CD DTD 03/15/2016 1.700% 03/09/2018 1.56 1.26 234.10 1.39 0.91 234.10 400,234.10 400,000.00 Security Type Sub-Total 0.91 Page 13 For the Month Ending November 30, 2016Managed Account Fair Market Value & Analytics Value On Cost Amort Cost to WorstCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Security Type/Description Next Call Market YTMEffective Duration 5,240,000.00 5,236,504.33 (38,122.18) (32,730.84) 2.58 1.52 Managed Account Sub-Total 2.57 Money Market Fund 0.00 0.00 0.00 22,925.64 1.00 22,925.64 CAMP Pool 0.00 22,925.64 22,925.64 0.00 0.00 0.00 Money Market Sub-Total 0.00 Total Investments $5,276,292.86 $16,862.89 $5,259,429.97 Accrued Interest Securities Sub-Total $5,262,925.64 ($38,122.18) ($32,730.84) 2.58 1.52% 2.57 Page 14 For the Month Ending November 30, 2016Managed 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/L Realized G/L Sale Amort Cost Method BUY 11/14/16 US TREASURY NOTES DTD 06/02/2014 1.500% 05/31/2019 912828WL0 (151,640.63)(1,026.64)(152,667.27) 150,000.00 11/10/16 11/14/16 US TREASURY NOTES DTD 04/30/2014 1.625% 04/30/2019 912828D23 (76,025.39)(47.13)(76,072.52) 75,000.00 11/10/16 11/17/16 FHLB NOTES DTD 11/17/2016 1.375% 11/15/2019 3130AA3R7 (139,967.80) 0.00 (139,967.80) 140,000.00 11/16/16 (1,073.77) (368,707.59)(367,633.82) 365,000.00 Transaction Type Sub-Total INTEREST 11/25/16 FANNIE MAE SERIES 2015-M13 ASQ2 DTD 10/01/2015 1.646% 09/01/2019 3136AQDQ0 0.00 61.73 61.73 45,000.00 11/01/16 11/25/16 FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 3136ANJY4 0.00 32.29 32.29 25,000.00 11/01/16 11/25/16 FNMA SERIES 2015-M15 ASQ2 DTD 11/01/2015 1.898% 01/01/2019 3136AQSW1 0.00 39.54 39.54 25,000.00 11/01/16 11/03/16 APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 037833AJ9 0.00 275.00 275.00 55,000.00 11/03/16 11/10/16 BRANCH BANKING & TRUST CORP NOTE DTD 05/10/2016 2.050% 05/10/2021 05531FAV5 0.00 256.25 256.25 25,000.00 11/10/16 11/15/16 US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 91159HHD5 0.00 2,062.50 2,062.50 250,000.00 11/15/16 11/16/16 SKANDINAVISKA ENSKILDA BANKEN NY CD DTD 11/17/2015 1.480% 11/16/2017 83050FBG5 0.00 1,500.56 1,500.56 100,000.00 11/16/16 11/19/16 STATE STREET CORP NOTES DTD 05/19/2016 1.950% 05/19/2021 857477AV5 0.00 243.75 243.75 25,000.00 11/19/16 11/21/16 FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 3135G0WJ8 0.00 437.50 437.50 100,000.00 11/21/16 11/21/16 FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 3135G0WJ8 0.00 328.13 328.13 75,000.00 11/21/16 11/30/16 NORDEA BANK FINLAND NY CD DTD 05/29/2015 1.150% 05/26/2017 65558LFA5 0.00 594.17 594.17 100,000.00 11/26/16 Page 15 For the Month Ending November 30, 2016Managed 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/L Realized G/L Sale Amort Cost Method INTEREST 11/27/16 FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 3135G0YT4 0.00 1,015.63 1,015.63 125,000.00 11/27/16 11/27/16 FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 3135G0YT4 0.00 853.12 853.12 105,000.00 11/27/16 11/30/16 US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 912828UB4 0.00 300.00 300.00 60,000.00 11/30/16 11/30/16 US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 912828A34 0.00 468.75 468.75 75,000.00 11/30/16 11/30/16 US TREASURY NOTES DTD 06/02/2014 1.500% 05/31/2019 912828WL0 0.00 1,125.00 1,125.00 150,000.00 11/30/16 11/30/16 US TREASURY NOTE DTD 12/02/2013 2.000% 11/30/2020 912828A42 0.00 1,750.00 1,750.00 175,000.00 11/30/16 11/30/16 US TREASURY NOTES DTD 06/02/2014 2.000% 05/31/2021 912828WN6 0.00 2,000.00 2,000.00 200,000.00 11/30/16 11/30/16 US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 912828A34 0.00 125.00 125.00 20,000.00 11/30/16 11/30/16 US TREASURY NOTES DTD 11/30/2012 0.625% 11/30/2017 912828UA6 0.00 390.63 390.63 125,000.00 11/30/16 13,859.55 13,859.55 0.00 1,860,000.00 Transaction Type Sub-Total SELL 11/14/16 FREDDIE MAC NOTES DTD 04/16/2012 1.750% 05/30/2019 3137EADG1 152,553.00 1,195.83 153,748.83 849.00 1,573.82 SPEC LOT 150,000.00 11/10/16 11/14/16 FREDDIE MAC NOTES DTD 03/21/2016 1.125% 04/15/2019 3137EADZ9 75,059.25 67.97 75,127.22 (392.25)(351.08)SPEC LOT 75,000.00 11/10/16 11/17/16 US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 912828UB4 138,747.66 650.27 139,397.93 1,449.22 586.88 SPEC LOT 140,000.00 11/16/16 1,914.07 1,809.62 1,905.97 368,273.98 366,359.91 365,000.00 Transaction Type Sub-Total (1,273.91) 14,699.85 13,425.94 1,905.97 1,809.62 Managed Account Sub-Total Total Security Transactions $1,905.97 $13,425.94 $14,699.85 ($1,273.91)$1,809.62 Page 16 For the Month Ending November 30, 2016Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Total Settlement Dollar AmountShare or Trade Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool 9,942.91 Opening Balance 11/03/16 11/03/16 Purchase - Interest 037833AJ9 1.00 275.00 10,217.91 11/10/16 11/10/16 Purchase - Interest 05531FAV5 1.00 256.25 10,474.16 11/14/16 11/14/16 Purchase - Interest 3137EADG1 1.00 1,195.83 11,669.99 11/14/16 11/14/16 Purchase - Principal 3137EADG1 1.00 152,553.00 164,222.99 11/14/16 11/14/16 Purchase - Interest 3137EADZ9 1.00 67.97 164,290.96 11/14/16 11/14/16 Purchase - Principal 3137EADZ9 1.00 75,059.25 239,350.21 11/14/16 11/14/16 Redemption - Interest 912828D23 1.00 (47.13) 239,303.08 11/14/16 11/14/16 Redemption - Principal 912828D23 1.00 (76,025.39) 163,277.69 11/14/16 11/14/16 Redemption - Interest 912828WL0 1.00 (1,026.64) 162,251.05 11/14/16 11/14/16 Redemption - Principal 912828WL0 1.00 (151,640.63) 10,610.42 11/15/16 11/15/16 Purchase - Interest 91159HHD5 1.00 2,062.50 12,672.92 11/16/16 11/16/16 Purchase - Interest 83050FBG5 1.00 1,500.56 14,173.48 11/17/16 11/17/16 Purchase - Interest 912828UB4 1.00 650.27 14,823.75 11/17/16 11/17/16 Purchase - Principal 912828UB4 1.00 138,747.66 153,571.41 11/17/16 11/17/16 Redemption - Principal 3130AA3R7 1.00 (139,967.80) 13,603.61 11/21/16 11/21/16 Purchase - Interest 3135G0WJ8 1.00 328.13 13,931.74 11/21/16 11/21/16 Purchase - Interest 3135G0WJ8 1.00 437.50 14,369.24 11/21/16 11/21/16 Purchase - Interest 857477AV5 1.00 243.75 14,612.99 11/22/16 11/22/16 IP Fees October 2016 1.00 (413.71) 14,199.28 11/22/16 11/22/16 U.S. Bank Fees September 2016 1.00 (36.34) 14,162.94 11/25/16 11/25/16 Purchase - Interest 3136AQSW1 1.00 39.54 14,202.48 Page 17 For the Month Ending November 30, 2016Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Total Settlement Dollar AmountShare or Trade Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool 11/25/16 11/25/16 Purchase - Interest 3136AQDQ0 1.00 61.73 14,264.21 11/25/16 11/25/16 Purchase - Interest 3136ANJY4 1.00 32.29 14,296.50 11/28/16 11/28/16 Purchase - Interest 3135G0YT4 1.00 1,015.63 15,312.13 11/28/16 11/28/16 Purchase - Interest 3135G0YT4 1.00 853.13 16,165.26 11/28/16 11/28/16 Purchase - Interest 65558LFA5 1.00 587.78 16,753.04 11/29/16 11/29/16 Purchase - Individual Portfolio Interest 1.00 853.12 17,606.16 11/29/16 11/29/16 Redemption - Individual Portfolio Interest 1.00 (853.13) 16,753.03 11/30/16 11/30/16 Purchase - Interest 912828A34 1.00 125.00 16,878.03 11/30/16 11/30/16 Purchase - Interest 912828A34 1.00 468.75 17,346.78 11/30/16 11/30/16 Purchase - Interest 912828A42 1.00 1,750.00 19,096.78 11/30/16 11/30/16 Purchase - Interest 912828UA6 1.00 390.63 19,487.41 11/30/16 11/30/16 Purchase - Interest 912828UB4 1.00 300.00 19,787.41 11/30/16 11/30/16 Purchase - Interest 912828WL0 1.00 1,125.00 20,912.41 11/30/16 11/30/16 Purchase - Interest 912828WN6 1.00 2,000.00 22,912.41 11/30/16 11/30/16 Purchase - Correction to Interest 65558LFA5 from 11/26/16 1.00 594.17 23,506.58 11/30/16 11/30/16 Redemption - Reversal of Interest 65558LFA5 from 11/26/16 1.00 (587.78) 22,918.80 11/30/16 12/01/16 Accrual Income Div Reinvestment - Distributions 1.00 6.84 22,925.64 Page 18 For the Month Ending November 30, 2016Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Total Settlement Dollar AmountShare or Trade Shares OwnedDate Transaction Description of TransactionUnit PriceDate 22,925.64 22,925.64 22,925.64 12,720.07 79.96 0.00 (3,263,780.88) 3,279,196.87 7,509.65 6.84 22,925.64 0.00 (370,598.55) 383,581.28 9,942.91 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 November January-November 0.66% Page 19