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Item No. 01 Investment Report for March 3027
Text File City of Lake Elsinore 130 South Main Street Lake Elsinore, CA 92530 www.lake-elsinore.org File Number: ID# 17-158 Agenda Date: 4/25/2017 Status: Consent AgendaVersion: 1 File Type: InvestmentsIn Control: City Council Agenda Number: 1) Page 1 City of Lake Elsinore Printed on 4/20/2017 REPORT TO CITY COUNCIL To:Honorable Mayor and Members of the City Council From:Grant Yates, City Manager Prepared by:Andrew Zavala, Accountant I Approved by:Jason Simpson, Assistant City Manager Date:April 25, 2017 Subject:Investment Report for March 2017 Recommendation Receive and file the Investment Report for March 2017. Background and Discussion The Investment Report is a listing of all funds invested for the City as of the date shown on the report. Fiscal Impact No fiscal impact. Exhibits A: Investment Report for March 2017 CITY OF LAKE ELSINORE INVESTMENT REPORT BANK DEPOSITS OUTSTANDING BOOK CASH ACCOUNTS BALANCE IN TRANSIT CHECKS BALANCE Bank Accounts: General Checking Account 5,438,789$ 243,442$ (641,894)$ 5,040,336$ Cash On Hand: Cashier Drawers #1 & #2 - - - 300 City of Lake Elsinore Petty Cash Fund - - - 1,000 Total Cash Accounts 5,438,789 243,442 (641,894) 5,041,636 INVESTMENTS City Investments: City Local Agency Investment Fund 18,542,326 - 18,542,326 City Local Agency Investment Fund for the PFA - - - - City CAMP Investments: CAMP Pool Account 26,764 - - 26,764 U.S. Treasury Bond / Note 10,315,437 - - 10,315,437 Municipal Bond / Note 290,464 - - 290,464 Federal Agency Collateralized Mortgage Obligation 526,547 - - 526,547 Federal Agency Bond / Note 6,737,579 - - 6,737,579 Corporate Note 6,975,791 - - 6,975,791 Commercial Paper 621,031 621,031 Certificate of Deposit 4,649,552 - - 4,649,552 Housing CAMP Investments: Housing CAMP Pool Account 25,954 - - 25,954 Housing U.S. Treasury Bond / Notes 1,666,450 - - 1,666,450 Housing Municipal Bond / Notes 30,084 - - 30,084 Housing Federal Agency Collateralized Mortgage 95,321 - - 95,321 Housing Federal Agency Bond / Notes 1,252,741 - - 1,252,741 Housing Corporate Notes 1,448,371 - - 1,448,371 Housing Certificate of Deposit 600,000 - - 600,000 Successor Investments: Successor Local Agency Investment Fund 8,403,663 - - 8,403,663 Successor CAMP Investments: Successor CAMP Pool Account 4,783 - - 4,783 Successor U.S. Treasury Bond / Notes 1,807,128 - - 1,807,128 Successor Municipal Bond / notes 30,084 - - 30,084 Successor Federal Agency Collaterized Mortgage 95,321 - - 95,321 Successor Federal Agency Bond / Notes 1,458,923 - - 1,458,923 Successor Corporate Notes 1,325,301 - - 1,325,301 Successor Certificate of Deposit 600,000 - - 600,000 Sub-total Investments 67,529,614 - - 67,529,614 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 68,042,016 - - 68,042,016 Total Pooled Cash and Investments 73,480,805$ 243,442$ (641,894)$ 73,083,653$ TOTAL POOLED CASH AND INVESTMENTS 73,083,653$ 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 April 18, 2017 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 MARCH 31, 2017 FUND NO FUND NAME AMOUNT 100 General 12,364,839$ 101 Supplemental Law Enforcement 16,667 104 Traffic Offender 5,625 106 Affordable Housing In Lieu 1,050,537 107 Developer Agreement Revenue 777,495 110 State Gas Tax 1,343,740 112 Measure A 1,516,619 114 SB1186 CASP Education Program 7,010 115 Traffic Safety 59,948 116 City Hall-Public Works DIF 1,261,313 117 Community Center DIF 446,621 118 Lake Side Facility DIF 687,018 119 Animal Shelter DIF 49,776 121 T.R.I.P.-2014A 150 135 Lighting & Landscape Maintenance - Dist. No. 1 573,646 140 Geothermal 20,126 155 CSA152 -- N.P.D.E.S.70,999 205 Traffic Impact Fee 3,951,289 211 Storm Drain C.I.P. 1,001,023 231 Library C.I.P. 1,727,835 232 City Fire Protection 167,180 254 Railroad Canyon Improvement Area 89-1 126,253 300 Insurance Service 933,110 315 Fleet Service 183,555 320 Facilities Service 493,507 331 CFD 2006-1CC Summerly Improvement Area CC 5,406 332 CFD 2006-1 Improvement Area B, Summerly 30,629 334 CFD 2015-5 Trieste - Far West Industries 5,823 336 CFD 2006-1FF Summerly Improvement Area FF 24,833 337 CFD 2016-2 Canyon Hills 9,378 345 CFD 2003-2S Improvement Area D, Canyon Hills 315,252 346 CFD 2014-1 Southshore 63,793 347 CFD 2006-1 Improvement Area A, Summerly 32,281 350 CFD 98-1 Summerhill 900,485 352 AD 86-1 Northwest Sewer 659,115 354 CFD 90-2 Tuscany Hills 934,378 357 CFD 2003-2 Canyon Hills Improvement Area 246,470 366 CFD 2005-6 City Center Townhomes Debt Service 86,377 368 CFD 2006-2 Viscaya 140,267 369 CFD 2004-3 Area 1 Rosetta Canyon Improvement Area 319,295 371 CFD 2005-1 Serenity 153,896 372 CFD 2005-2 Alberhill Ranch Improvement Area 234,369 374 CFD 2005-4 Lakeview Villas 48,499 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 MARCH 31, 2017 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 MARCH 31, 2017 375 CFD 2006-4 Clurman Debt Service 12,614 376 CFD 2006-3 La Strada 13,138 377 CFD 2006-6 Tessara 6,170 378 CFD 2006-8 Running Deer Estates 43,266 384 CFD 2003-2 Area B Canyon Hills Improvement Area 281,362 385 CFD 2004-3 Area 2 Rosetta Canyon Improvement Area 378,198 387 CFD 2007-5 Red Kite 64,396 388 CFD 2007-6 Holiday Inn Express 3,652 389 CFD 88-3 (2008A) West Lake Elsinore Series A 1,158,797 390 CFD 2003-2 Area C Canyon Hills Improvement Area 97,816 392 CFD 95-1 City Center 73,832 393 AD 93-1 Cottonwood Hills 396,759 394 CFD 2005-5 (2012A) Wasson Canyon 138,220 500 Capital Improvement Plan 6,608,293 510 Successor Agency RDA Area I 583,515 520 Successor Agency RDA Area II 3,337,610 530 Successor Agency RDA Area III 1,390,310 540 Successor Area RDA Diamond Stadium 3,502,965 604 Endowment Trust - Korn Memorial 31,536 605 Public Improvement Trust 712,378 606 Mobile Source Air Polution Reduction 277,500 608 Trust Deposit & Pre Paid Expense 5,589,055 617 Successor Agency Housing 12,147,669 620 Cost Recovery System 2,994,108 631 Lake Destratification Equipment Replacement 194,066 Total Pooled Cash & Investments 73,083,653$ DIVERSIFICATION MAXIMUM TYPES OF SECURITIES PERCENTAGE PERCENTAGE U.S. Treasury Bills 0.00%Unlimited U.S. Treasury Bond / Note 20.42%Unlimited Current Balance 13,789,014$ Municipal Bond / Note 0.52%Unlimited Current Balance 350,632$ Federal Agency Collaterized Mortgage Obligation 1.06%40.00% Current Balance 717,190$ Federal Agency Bond / Note 13.99%*Unlimited Current Balance 9,449,242$ Banker's Acceptance 0.00%40.00% Certificates of Deposit 8.66%25.00% Current Balance 5,849,552$ Negotiable Certificates of Deposit 0.00%30.00% Commercial Paper 0.92%25.00% 621,031$ Corporate Note 14.44%30.00% Current Balance 9,749,463$ Repurchase Agreements 0.00%Unlimited Reverse Repurchase Agreements 0.00%20.00% LAIF (Local Agency Investment Fund)39.90%*$65 Million Current Balance 26,945,989$ CAMP - Pooled Sweep Account 0.09%Unlimited Current Balance 57,501$ TOTAL 100.00%*67,529,614$ 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 $65 million in each agency. *Totals include the City, Housing, and Successor Agency CAMP Portfolios. FOR THE MONTH ENDING MARCH 31, 2017 SUMMARY OF POLICY LIMITATIONS C I T Y O F L A K E E L S I N O R E Local Agency Investment Fund Yield Purchase Date Maturity Rate 0.821%Daily 24-Hour Agency Beginning Balance Net Increase/(Decrease)Ending Balance City 18,542,326$ -$ 18,542,326$ City for the PFA -$ -$ -$ Successor Agency 8,403,663$ -$ 8,403,663$ Total Investments Held with Local Agency Investment Fund:26,945,989$ -$ 26,945,989$ 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 MARCH 31, 2017 JOHN CHIANG TREASURER STATE OF CALIFORNIA 03/11/17 0.81 0.77 196 03/12/17 0.81 0.77 196 03/13/17 0.81 0.77 194 03/14/17 0.82 0.77 193 03/15/17 0.82 0.77 191 03/16/17 0.82 0.77 190 03/17/17 0.83 0.77 190 03/18/17 0.83 0.77 190 03/19/17 0.83 0.78 190 03/20/17 0.83 0.78 188 03/21/17 0.83 0.78 185 03/22/17 0.83 0.78 184 03/23/17 0.83 0.78 184 Mar 2017 0.821% 03/24/17 0.83 0.78 186 Feb 2017 0.777% 03/25/17 0.83 0.78 186 Jan 2017 0.751% 03/26/17 0.83 0.78 186 03/27/17 0.83 0.78 181 03/28/17 0.83 0.78 180 03/29/17 0.84 0.78 180 03/30/17 0.85 0.78 181 03/31/17 0.85 0.78 180 04/01/17 0.86 0.86 181 04/02/17 0.86 0.86 181 04/03/17 0.86 0.86 183 04/04/17 0.86 0.86 184 04/05/17 0.86 0.86 184 04/06/17 0.87 0.86 181 04/07/17 0.87 0.86 181 04/08/17 0.87 0.86 181 04/09/17 0.87 0.86 181 04/10/17 0.87 0.86 181 4/11/2017Based on data available as of Quarter to Date: Average Life: View Prior Month Daily Rates PMIA Average Monthly Effective Yields 0.68% *Daily yield does not reflect capital gains or losses 171 PMIA Performance Report LAIF Performance Report Date Daily Yield* Quarter to Date Yield Average Maturity (in days)Apportionment Rate:0.68% Quarter Ending 12/31/16 0.00001851848158529 0.999423823 Earnings Ratio: Fair Value Factor: Daily:0.74% Treasuries 47.32% Mortgages 0.07% Agencies 14.10% Certificates of Deposit/Bank Notes 17.13% Time Deposits 7.79% Commercial Paper 9.05% Loans 4.54% Pooled Money Investment Account Portfolio Composition 02/28/17 $69.5 billion City Funds CAMP Account For the Month Ending March 31, 2017Account Statement - Transaction Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Opening Market Value Purchases Redemptions Change in Value Closing Market Value 81,096.68 1,408,224.25 (1,462,557.01) 0.00 $26,763.92 CAMP Pool Unsettled Trades 0.00 23.10 Cash Dividends and Income Opening Market Value Purchases Redemptions Change in Value Closing Market Value 29,878,203.42 1,275,375.84 (1,210,261.09) (21,152.71) $29,922,165.46 CAMP Managed Account Unsettled Trades 0.00 8,807.26 Cash Dividends and Income March 31, 2017 February 28, 2017 Asset Summary CAMP Pool 26,763.92 81,096.68 CAMP Managed Account 29,922,165.46 29,878,203.42 $29,948,929.38 $29,959,300.10 Total Asset Allocation 0.09% CAMP Pool 99.91% CAMP Managed Account Page 1 For the Month Ending March 31, 2017Managed 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 $81,096.68 1,408,224.25 (1,462,557.01) $26,763.92 23.10 $29,878,203.42 (529.12) (1,209,731.97) 1,275,375.84 0.00 (21,152.71) $29,922,165.46 $29,959,300.10 $29,948,929.38 19,465.84 (5,034.48) (5,624.10) $8,807.26 0.00 1,390,405.95 17,266.08 529.12 (1,460,223.12) 52,021.97 0.00 Managed Account Total 30,060,885.97 30,087,649.89 128,300.82 1,211,913.39 529.12 17,266.08 (1,280,410.32) (30,006,608.01) (100,791.69) 0.00 128,300.82 2,674,470.40 529.12 17,266.08 (2,688,634.57) (30,087,704.69) (100,791.69) 23.10 Total Accrual Basis Earnings $31,085.36 $31,108.46 Transaction Summary - Managed AccountTransaction Summary - Money Market _______________________________________________ _______________________________________________ _____________________________________________________ Cash Balance $0.00 Closing Cash Balance Page 2 For the Month Ending March 31, 2017Portfolio Summary and Statistics CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Account Summary Percent Par Value Market ValueDescription U.S. Treasury Bond / Note 10,180,000.00 10,204,117.34 34.07 Municipal Bond / Note 290,000.00 291,450.15 0.97 Federal Agency Collateralized Mortgage Obligation 521,330.81 521,349.47 1.74 Federal Agency Bond / Note 6,745,000.00 6,665,292.92 22.26 Corporate Note 6,905,000.00 6,958,049.84 23.23 Commercial Paper 625,000.00 622,375.00 2.08 Certificate of Deposit 4,650,000.00 4,659,530.74 15.56 Managed Account Sub-Total 29,916,330.81 29,922,165.46 99.91% Accrued Interest 128,300.82 Total Portfolio 29,916,330.81 30,050,466.28 CAMP Pool 26,763.92 26,763.92 0.09 Total Investments 29,943,094.73 30,077,230.20 100.00% Unsettled Trades 0.00 0.00 Sector Allocation 15.56% Cert of Deposit 2.08% Commercial Paper 23.23% Corporate Note 1.74% Fed Agency CMO 22.26% Fed Agy Bond / Note 0.09% Mny Mkt Fund 0.97% Muni Bond / Note 34.07% 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 2.50% 10.94% 17.22% 30.62% 16.66% 22.06% 0.00% Maturity Distribution Characteristics Yield to Maturity at Cost Yield to Maturity at Market Duration to Worst Weighted Average Days to Maturity 2.57 977 1.55% 1.65% Page 3 For the Month Ending March 31, 2017Managed Account Issuer Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Credit Quality (S&P Ratings) 4.63% A 8.14% A+ 3.70% A- 4.00% A-1 1.92% A-1+ 1.76% AA 59.09% AA+ 13.31% AA- 1.00% AAA 0.09% AAAm 2.36% BBB+ Issuer Summary Percentof HoldingsIssuer Market Value 378,482.92 1.26 AMERICAN EXPRESS CO 580,027.23 1.94 AMERICAN HONDA FINANCE 309,062.56 1.03 APPLE INC 604,144.80 2.02 BANK OF MONTREAL 300,786.00 1.00 BANK OF NEW YORK CO INC 575,043.13 1.92 BANK OF NOVA SCOTIA 147,688.80 0.49 BB&T CORPORTATION 400,288.00 1.34 BERKSHIRE HATHAWAY INC 160,179.90 0.53 BURLINGTON NORTHERN SANTA FE 26,763.92 0.09 CAMP Pool 578,182.05 1.93 CANADIAN IMPERIAL BANK OF COMMERCE 765,871.39 2.56 CHEVRON CORP 575,946.81 1.92 CISCO SYSTEMS INC 406,191.92 1.36 CITIGROUP INC 622,375.00 2.08 CREDIT AGRICOLE SA 275,993.58 0.92 DEERE & COMPANY 3,858,624.77 12.89 FANNIE MAE 2,530,057.17 8.46 FEDERAL HOME LOAN BANKS 797,960.45 2.66 FREDDIE MAC 273,996.75 0.91 GENERAL ELECTRIC CO 299,445.90 1.00 GOLDMAN SACHS GROUP INC 575,335.23 1.92 HSBC HOLDINGS PLC 249,880.75 0.83 IBM CORP 582,499.15 1.94 JP MORGAN CHASE & CO 300,930.60 1.00 MICROSOFT CORP 578,182.05 1.93 NORDEA BANK AB 575,699.20 1.92 ROYAL BANK OF CANADA 574,588.88 1.92 SKANDINAVISKA ENSKIDA BANKEN AB 165,933.90 0.55 STATE OF CONNECTICUT 73,686.83 0.25 STATE STREET CORPORATION 598,355.40 2.00 SVENSKA HANDELSBANKEN 125,279.75 0.42 THE WALT DISNEY CORPORATION Page 4 For the Month Ending March 31, 2017Managed Account Issuer Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Percentof HoldingsIssuer Market Value 200,851.00 0.67 TOYOTA MOTOR CORP 10,204,117.34 34.08 UNITED STATES TREASURY 125,516.25 0.42 UNIVERSITY OF CALIFORNIA 100,008.70 0.33 US BANCORP 450,951.30 1.51 WELLS FARGO & COMPANY $29,948,929.38 Total 100.00% Page 5 For the Month Ending March 31, 2017Managed 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 44,838.27 44,959.96 155.77 44,924.41 04/27/1604/22/16AaaAA+ 45,000.00 912828K25 0.84 US TREASURY NOTES DTD 04/30/2014 1.625% 04/30/2019 372,558.18 374,283.75 2,524.59 375,058.59 11/14/1611/10/16AaaAA+ 370,000.00 912828D23 1.06 US TREASURY NOTES DTD 06/02/2014 1.500% 05/31/2019 381,647.68 383,544.31 1,910.44 384,156.25 11/14/1611/10/16AaaAA+ 380,000.00 912828WL0 1.06 US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 306,633.71 306,415.66 1,039.01 304,017.97 05/29/1505/28/15AaaAA+ 310,000.00 912828UB4 1.44 US TREASURY NOTES DTD 02/28/2013 1.250% 02/29/2020 367,355.24 366,840.56 402.17 365,375.00 11/09/1511/05/15AaaAA+ 370,000.00 912828UQ1 1.55 US TREASURY NOTES DTD 07/31/2013 2.000% 07/31/2020 582,232.35 582,849.11 1,906.08 585,848.63 12/04/1512/01/15AaaAA+ 575,000.00 912828VP2 1.58 US TREASURY NOTES DTD 09/03/2013 2.125% 08/31/2020 1,066,529.10 1,063,436.26 1,940.22 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 841,837.92 851,844.43 6,172.38 855,553.13 02/03/1602/01/16AaaAA+ 840,000.00 912828WC0 1.35 US TREASURY NOTE DTD 12/02/2013 2.000% 11/30/2020 151,535.10 153,336.28 1,005.49 154,283.20 03/04/1603/02/16AaaAA+ 150,000.00 912828A42 1.38 US TREASURY NOTES DTD 12/31/2013 2.375% 12/31/2020 383,833.13 389,962.32 2,238.86 393,837.89 03/31/1603/30/16AaaAA+ 375,000.00 912828A83 1.28 US TREASURY N/B DTD 12/31/2015 1.750% 12/31/2020 800,593.60 811,800.34 3,519.34 814,343.75 05/31/1605/27/16AaaAA+ 800,000.00 912828N48 1.35 US TREASURY NOTES DTD 02/28/2014 2.000% 02/28/2021 580,031.25 598,761.79 1,000.00 603,121.09 07/08/1607/06/16AaaAA+ 575,000.00 912828B90 0.92 US TREASURY NOTES DTD 03/31/2016 1.250% 03/31/2021 284,018.75 293,117.36 9.90 293,692.97 06/29/1606/27/16AaaAA+ 290,000.00 912828Q37 0.98 US TREASURY NOTES DTD 05/02/2016 1.375% 04/30/2021 245,800.75 245,189.63 1,443.37 245,009.77 02/03/1702/01/17AaaAA+ 250,000.00 912828Q78 1.87 Page 6 For the Month Ending March 31, 2017Managed 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 05/02/2016 1.375% 04/30/2021 344,121.05 343,424.67 2,020.72 343,054.69 01/05/1701/03/17AaaAA+ 350,000.00 912828Q78 1.86 US TREASURY NOTES DTD 05/31/2016 1.375% 05/31/2021 883,969.20 876,842.49 4,147.66 876,621.09 03/17/1703/15/17AaaAA+ 900,000.00 912828R77 2.02 US TREASURY NOTES DTD 06/02/2014 2.000% 05/31/2021 1,209,093.60 1,238,003.78 8,043.96 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 326,802.78 336,013.37 565.22 337,200.20 10/05/1610/03/16AaaAA+ 325,000.00 912828D72 1.21 US TREASURY NOTES DTD 09/02/2014 2.000% 08/31/2021 1,030,685.68 1,027,856.11 1,782.61 1,028,042.97 12/05/1612/01/16AaaAA+ 1,025,000.00 912828D72 1.93 41,827.79 10,204,117.34 10,288,482.18 1.48 10,315,436.52 10,180,000.00 Security Type Sub-Total Municipal Bond / Note UNIV OF CAL TXBL REV BONDS DTD 04/10/2014 1.904% 05/15/2018 125,516.25 125,000.00 899.11 125,000.00 04/10/1404/04/14Aa2AA 125,000.00 91412GUV5 1.90 CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 165,933.90 165,232.39 144.76 165,463.65 03/25/1503/16/15Aa3AA- 165,000.00 20772JZK1 1.90 1,043.87 291,450.15 290,232.39 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 134,882.36 135,330.01 174.38 136,349.51 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 125,162.51 125,613.08 197.74 126,249.99 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 261,304.60 262,843.93 358.46 263,947.75 10/30/1510/07/15AaaAA+ 261,330.81 3136AQDQ0 1.08 730.58 521,349.47 523,787.02 1.04 526,547.25 521,330.81 Security Type Sub-Total Page 7 For the Month Ending March 31, 2017Managed 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 FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 377,294.25 376,465.10 2,098.96 378,562.50 10/23/1410/22/14AaaAA+ 375,000.00 3135G0YT4 1.39 FHLB NOTES DTD 12/08/2016 1.250% 01/16/2019 374,641.50 374,986.18 976.56 374,985.00 12/08/1612/07/16AaaAA+ 375,000.00 3130AAE46 1.25 FNMA BENCHMARK NOTE DTD 02/23/2016 1.000% 02/26/2019 124,183.00 124,812.31 121.53 124,705.00 02/23/1602/19/16AaaAA+ 125,000.00 3135G0J53 1.08 FREDDIE MAC NOTES DTD 03/21/2016 1.125% 04/15/2019 373,185.38 376,731.62 1,945.31 377,257.50 08/15/1608/12/16AaaAA+ 375,000.00 3137EADZ9 0.90 FHLMC REFERENCE NOTE DTD 07/20/2016 0.875% 07/19/2019 424,775.07 429,198.90 752.50 428,959.40 07/20/1607/19/16AaaAA+ 430,000.00 3137EAEB1 0.96 FNMA BENCHMARK NOTE DTD 08/02/2016 0.875% 08/02/2019 715,589.50 724,048.72 1,039.67 723,782.00 08/02/1607/29/16AaaAA+ 725,000.00 3135G0N33 0.93 FHLB GLOBAL NOTE DTD 08/04/2016 0.875% 08/05/2019 715,643.15 723,909.98 986.81 723,608.00 08/04/1608/03/16AaaAA+ 725,000.00 3130A8Y72 0.94 FNMA NOTES DTD 09/02/2016 1.000% 08/28/2019 593,626.20 599,242.01 516.67 599,064.00 09/02/1608/31/16AaaAA+ 600,000.00 3135G0P49 1.05 FANNIE MAE GLOBAL NOTES DTD 10/25/2016 1.000% 10/24/2019 395,126.80 399,080.86 1,733.33 398,928.00 10/25/1610/21/16AaaAA+ 400,000.00 3135G0R39 1.09 FHLB NOTES DTD 11/17/2016 1.375% 11/15/2019 737,441.82 739,850.48 3,787.36 739,829.80 11/17/1611/16/16AaaAA+ 740,000.00 3130AA3R7 1.38 FNMA NOTES DTD 02/28/2017 1.500% 02/28/2020 548,676.15 549,658.03 710.42 549,648.00 02/28/1702/24/17AaaAA+ 550,000.00 3135G0T29 1.52 FHLB GLOBAL NOTE DTD 07/14/2016 1.125% 07/14/2021 702,330.70 721,202.40 1,744.53 720,591.28 07/15/1607/14/16AaaAA+ 725,000.00 3130A8QS5 1.25 FNMA NOTES DTD 08/19/2016 1.250% 08/17/2021 135,981.86 139,578.51 213.89 139,521.06 08/19/1608/17/16AaaAA+ 140,000.00 3135G0N82 1.32 FNMA NOTES DTD 08/19/2016 1.250% 08/17/2021 446,797.54 458,360.41 702.78 458,137.00 08/19/1608/17/16AaaAA+ 460,000.00 3135G0N82 1.33 Page 8 For the Month Ending March 31, 2017Managed 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 17,330.32 6,665,292.92 6,737,125.51 1.17 6,737,578.54 6,745,000.00 Security Type Sub-Total Corporate Note US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 100,008.70 100,000.00 623.33 102,136.00 07/30/1207/25/12A1A+ 100,000.00 91159HHD5 1.19 CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 149,750.10 150,000.00 533.60 150,000.00 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 174,708.45 175,116.97 622.53 175,946.75 12/05/1211/29/12Aa2AA- 175,000.00 166764AA8 0.99 IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 249,880.75 249,799.33 460.07 248,855.00 02/08/1302/05/13Aa3AA- 250,000.00 459200HK0 1.35 BERKSHIRE HATHAWAY GLOBAL NOTE DTD 02/11/2013 1.550% 02/09/2018 400,288.00 399,901.65 895.56 399,444.00 02/11/1301/29/13Aa2AA 400,000.00 084670BH0 1.58 APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 309,062.56 309,745.68 1,274.44 308,856.10 05/03/1304/30/13Aa1AA+ 310,000.00 037833AJ9 1.08 CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 441,412.84 440,000.00 2,036.78 440,000.00 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 272,816.91 271,121.18 478.13 272,565.00 09/04/1408/29/14A1AA- 270,000.00 17275RAR3 1.90 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 303,129.90 301,568.55 531.25 302,817.00 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 49,907.65 49,903.33 433.33 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 249,538.25 249,888.71 2,166.67 249,840.00 04/26/1604/21/16A3BBB+ 250,000.00 38141GVT8 2.02 CITIGROUP INC CORP NOTES DTD 06/09/2016 2.050% 06/07/2019 104,910.02 104,959.83 681.63 104,945.40 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 580,027.23 574,471.60 1,653.13 573,936.25 09/09/1409/04/14A1A+ 575,000.00 02665WAH4 2.29 Page 9 For the Month Ending March 31, 2017Managed 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 160,179.90 161,829.66 3,525.00 165,585.00 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 273,996.75 273,079.21 3,170.14 289,082.50 03/25/1503/20/15A1AA- 250,000.00 36962G4J0 2.05 CITIGROUP INC DTD 01/10/2017 2.450% 01/10/2020 301,281.90 299,888.73 1,653.75 299,880.00 01/10/1701/04/17Baa1BBB+ 300,000.00 172967LF6 2.46 WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 75,158.55 75,172.30 273.23 75,288.00 03/27/1503/24/15A2A 75,000.00 94974BGF1 2.07 WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 375,792.75 376,519.70 1,366.15 377,621.25 02/05/1502/02/15A2A 375,000.00 94974BGF1 2.00 MICROSOFT CORP DTD 02/06/2017 1.850% 02/06/2020 300,930.60 299,809.00 847.92 299,799.00 02/06/1701/30/17AaaAAA 300,000.00 594918BV5 1.87 AMERICAN EXPRESS CREDIT CORP NOTES DTD 03/03/2017 2.200% 03/03/2020 180,272.52 179,817.52 308.00 179,812.80 03/03/1702/28/17A2A- 180,000.00 0258M0EE5 2.24 WALT DISNEY COMPANY CORP NOTES DTD 03/06/2017 1.950% 03/04/2020 125,279.75 124,968.23 169.27 124,967.50 03/06/1703/01/17A2A 125,000.00 25468PDP8 1.96 TOYOTA MOTOR CORP NOTES DTD 03/12/2015 2.150% 03/12/2020 200,851.00 201,076.70 226.94 201,776.00 03/27/1503/23/15Aa3AA- 200,000.00 89236TCF0 1.96 JP MORGAN CHASE & CO CORP NT (CALLABLE) DTD 06/23/2015 2.750% 06/23/2020 582,499.15 576,953.28 4,304.51 577,857.75 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 300,786.00 305,796.33 3,458.33 306,978.00 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 198,210.40 199,612.21 1,825.00 199,536.00 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 147,688.80 149,917.88 1,204.38 149,901.00 05/16/1605/10/16A2A- 150,000.00 05531FAV5 2.06 STATE STREET CORP NOTES DTD 05/19/2016 1.950% 05/19/2021 73,686.83 74,763.10 536.25 74,716.50 05/24/1605/19/16A1A 75,000.00 857477AV5 2.03 Page 10 For the Month Ending March 31, 2017Managed 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 JOHN DEERE CAPITAL CORP CORP NOTES DTD 01/06/2017 2.650% 01/06/2022 275,993.58 273,798.58 1,720.66 273,787.25 03/15/1703/10/17A2A 275,000.00 24422ETL3 2.75 36,979.98 6,958,049.84 6,949,479.26 1.96 6,975,791.05 6,905,000.00 Security Type Sub-Total Commercial Paper CREDIT AGRICOLE CIB NY COMM PAPER DTD 02/08/2017 0.000% 08/08/2017 622,375.00 622,155.73 0.00 621,031.25 02/09/1702/09/17P-1A-1 625,000.00 22533TV86 1.28 0.00 622,375.00 622,155.73 1.28 621,031.25 625,000.00 Security Type Sub-Total Certificate of Deposit BANK OF NOVA SCOTIA HOUSTON YCD DTD 11/09/2015 1.560% 11/06/2017 575,043.13 575,000.00 3,612.92 575,000.00 11/09/1511/06/15Aa3A+ 575,000.00 06417GAS7 1.55 SKANDINAVISKA ENSKILDA BANKEN NY CD DTD 11/17/2015 1.480% 11/16/2017 574,588.88 575,000.00 3,214.89 575,000.00 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 575,335.23 575,000.00 12,298.61 575,000.00 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 575,699.20 575,000.00 597.36 575,000.00 03/15/1603/11/16Aa3AA- 575,000.00 78009NZZ2 1.69 CANADIAN IMPERIAL BANK NY CD DTD 12/05/2016 1.760% 11/30/2018 578,182.05 574,623.88 3,289.00 574,551.50 12/05/1612/01/16Aa3A+ 575,000.00 13606A5Z7 1.78 NORDEA BANK FINLAND NY CD DTD 12/05/2016 1.760% 11/30/2018 578,182.05 575,000.00 3,289.00 575,000.00 12/05/1612/01/16Aa3AA- 575,000.00 65558LWA6 1.74 SVENSKA HANDELSBANKEN NY LT CD DTD 01/12/2017 1.890% 01/10/2019 598,355.40 600,000.00 2,488.50 600,000.00 01/12/1701/10/17Aa2AA- 600,000.00 86958JHB8 1.91 BANK OF MONTREAL CHICAGO CERT DEPOS DTD 02/09/2017 1.880% 02/07/2019 604,144.80 600,000.00 1,598.00 600,000.00 02/09/1702/08/17Aa3A+ 600,000.00 06427KRC3 1.90 30,388.28 4,659,530.74 4,649,623.88 1.70 4,649,551.50 4,650,000.00 Security Type Sub-Total Page 11 For the Month Ending March 31, 2017Managed 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 29,916,330.81 30,116,399.76 1.55 128,300.82 30,060,885.97 29,922,165.46 Managed Account Sub-Total Money Market Fund CAMP Pool 26,763.92 26,763.92 0.00 26,763.92 NRAAAm 26,763.92 26,763.92 26,763.92 0.00 26,763.92 26,763.92 Money Market Sub-Total $29,943,094.73 $30,143,163.68 $128,300.82 $30,087,649.89 $29,948,929.38 1.55% $30,077,230.20 $128,300.82 Total Investments Accrued Interest Securities Sub-Total Page 12 For the Month Ending March 31, 2017Managed 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 1.03 (121.69)(86.14) 44,838.27 99.64 MORGANST 45,000.00 912828K25US TREASURY NOTES DTD 04/15/2015 0.750% 04/15/2018 1.10 1.03 2.03 (1,725.57)(2,500.41) 372,558.18 100.69 CITIGRP 370,000.00 912828D23US TREASURY NOTES DTD 04/30/2014 1.625% 04/30/2019 1.29 2.03 2.12 (1,896.63)(2,508.57) 381,647.68 100.43 MORGANST 380,000.00 912828WL0US TREASURY NOTES DTD 06/02/2014 1.500% 05/31/2019 1.30 2.12 2.61 218.05 2,615.74 306,633.71 98.91 CITIGRP 310,000.00 912828UB4US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 1.42 2.61 2.85 514.68 1,980.24 367,355.24 99.29 CITIGRP 370,000.00 912828UQ1US TREASURY NOTES DTD 02/28/2013 1.250% 02/29/2020 1.50 2.85 3.21 (616.76)(3,616.28) 582,232.35 101.26 MERRILL 575,000.00 912828VP2US TREASURY NOTES DTD 07/31/2013 2.000% 07/31/2020 1.61 3.21 3.28 3,092.84 (1,640.82) 1,066,529.10 101.57 MORGANST 1,050,000.00 912828VV9US TREASURY NOTES DTD 09/03/2013 2.125% 08/31/2020 1.65 3.28 3.43 (10,006.51)(13,715.21) 841,837.92 100.22 MERRILL 840,000.00 912828WC0US TREASURY NOTES DTD 10/31/2013 1.750% 10/31/2020 1.69 3.43 3.50 (1,801.18)(2,748.10) 151,535.10 101.02 MERRILL 150,000.00 912828A42US TREASURY NOTE DTD 12/02/2013 2.000% 11/30/2020 1.71 3.50 3.56 (6,129.19)(10,004.76) 383,833.13 102.36 MERRILL 375,000.00 912828A83US TREASURY NOTES DTD 12/31/2013 2.375% 12/31/2020 1.72 3.56 3.60 (11,206.74)(13,750.15) 800,593.60 100.07 MORGANST 800,000.00 912828N48US TREASURY N/B DTD 12/31/2015 1.750% 12/31/2020 1.73 3.60 3.75 (18,730.54)(23,089.84) 580,031.25 100.88 MORGANST 575,000.00 912828B90US TREASURY NOTES DTD 02/28/2014 2.000% 02/28/2021 1.77 3.75 3.88 (9,098.61)(9,674.22) 284,018.75 97.94 CITIGRP 290,000.00 912828Q37US TREASURY NOTES DTD 03/31/2016 1.250% 03/31/2021 1.79 3.88 3.93 611.12 790.98 245,800.75 98.32 MERRILL 250,000.00 912828Q78US TREASURY NOTES DTD 05/02/2016 1.375% 04/30/2021 1.80 3.93 3.93 696.38 1,066.36 344,121.05 98.32 MORGAN_S 350,000.00 912828Q78US TREASURY NOTES DTD 05/02/2016 1.375% 04/30/2021 1.80 3.93 4.01 7,126.71 7,348.11 883,969.20 98.22 MORGAN_S 900,000.00 912828R77US TREASURY NOTES DTD 05/31/2016 1.375% 05/31/2021 1.82 4.01 3.96 (28,910.18)(34,031.40) 1,209,093.60 100.76 HSBC 1,200,000.00 912828WN6US TREASURY NOTES DTD 06/02/2014 2.000% 05/31/2021 1.81 3.96 Page 13 For the Month Ending March 31, 2017Managed 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 4.20 (9,210.59)(10,397.42) 326,802.78 100.55 HSBC 325,000.00 912828D72US TREASURY NOTES DTD 09/02/2014 2.000% 08/31/2021 1.87 4.20 4.20 2,829.57 2,642.71 1,030,685.68 100.55 HSBC 1,025,000.00 912828D72US TREASURY NOTES DTD 09/02/2014 2.000% 08/31/2021 1.87 4.20 (111,319.18) 1.70 3.54 (84,364.84) 10,204,117.34 10,180,000.00 Security Type Sub-Total 3.54 Municipal Bond / Note 1.10 516.25 516.25 125,516.25 100.41 GOLDMAN 125,000.00 91412GUV5UNIV OF CAL TXBL REV BONDS DTD 04/10/2014 1.904% 05/15/2018 1.53 1.10 1.91 701.51 470.25 165,933.90 100.57 VINING 165,000.00 20772JZK1CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 1.68 1.91 986.50 1.61 1.56 1,217.76 291,450.15 290,000.00 Security Type Sub-Total 1.56 Federal Agency Collateralized Mortgage Obligation 0.85 (447.65)(1,467.15) 134,882.36 99.91 GOLDMAN 135,000.00 3136ANJY4FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 1.53 0.84 1.55 (450.57)(1,087.48) 125,162.51 100.13 GOLDMAN 125,000.00 3136AQSW1FNMA SERIES 2015-M15 ASQ2 DTD 11/01/2015 1.898% 01/01/2019 1.73 1.04 2.21 (1,539.33)(2,643.15) 261,304.60 99.99 MORGANST 261,330.81 3136AQDQ0FANNIE MAE SERIES 2015-M13 ASQ2 DTD 10/01/2015 1.646% 09/01/2019 1.60 1.41 (5,197.78) 1.61 1.70 (2,437.55) 521,349.47 521,330.81 Security Type Sub-Total 1.17 Federal Agency Bond / Note 1.62 829.15 (1,268.25) 377,294.25 100.61 GOLDMAN 375,000.00 3135G0YT4FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 1.25 1.62 1.76 (344.68)(343.50) 374,641.50 99.90 BAML 375,000.00 3130AAE46FHLB NOTES DTD 12/08/2016 1.250% 01/16/2019 1.30 1.76 1.88 (629.31)(522.00) 124,183.00 99.35 JPMCHASE 125,000.00 3135G0J53FNMA BENCHMARK NOTE DTD 02/23/2016 1.000% 02/26/2019 1.35 1.88 2.00 (3,546.24)(4,072.12) 373,185.38 99.52 TD SEC U 375,000.00 3137EADZ9FREDDIE MAC NOTES DTD 03/21/2016 1.125% 04/15/2019 1.37 2.00 Page 14 For the Month Ending March 31, 2017Managed 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 2.26 (4,423.83)(4,184.33) 424,775.07 98.78 TD SEC U 430,000.00 3137EAEB1FHLMC REFERENCE NOTE DTD 07/20/2016 0.875% 07/19/2019 1.41 2.26 2.30 (8,459.22)(8,192.50) 715,589.50 98.70 GOLDMAN 725,000.00 3135G0N33FNMA BENCHMARK NOTE DTD 08/02/2016 0.875% 08/02/2019 1.44 2.30 2.31 (8,266.83)(7,964.85) 715,643.15 98.71 WELLSFAR 725,000.00 3130A8Y72FHLB GLOBAL NOTE DTD 08/04/2016 0.875% 08/05/2019 1.44 2.31 2.37 (5,615.81)(5,437.80) 593,626.20 98.94 GOLDMAN 600,000.00 3135G0P49FNMA NOTES DTD 09/02/2016 1.000% 08/28/2019 1.45 2.37 2.51 (3,954.06)(3,801.20) 395,126.80 98.78 BARCLAYS 400,000.00 3135G0R39FANNIE MAE GLOBAL NOTES DTD 10/25/2016 1.000% 10/24/2019 1.49 2.51 2.55 (2,408.66)(2,387.98) 737,441.82 99.65 MERRILL 740,000.00 3130AA3R7FHLB NOTES DTD 11/17/2016 1.375% 11/15/2019 1.51 2.55 2.84 (981.88)(971.85) 548,676.15 99.76 JPM_CHAS 550,000.00 3135G0T29FNMA NOTES DTD 02/28/2017 1.500% 02/28/2020 1.58 2.84 4.15 (18,871.70)(18,260.58) 702,330.70 96.87 TD SEC U 725,000.00 3130A8QS5FHLB GLOBAL NOTE DTD 07/14/2016 1.125% 07/14/2021 1.89 4.15 4.22 (3,596.65)(3,539.20) 135,981.86 97.13 TD SEC U 140,000.00 3135G0N82FNMA NOTES DTD 08/19/2016 1.250% 08/17/2021 1.94 4.22 4.22 (11,562.87)(11,339.46) 446,797.54 97.13 CITIGRP 460,000.00 3135G0N82FNMA NOTES DTD 08/19/2016 1.250% 08/17/2021 1.94 4.22 (72,285.62) 1.53 2.66 (71,832.59) 6,665,292.92 6,745,000.00 Security Type Sub-Total 2.66 Corporate Note 0.04 8.70 (2,127.30) 100,008.70 100.01 04/15/17BARCLAYS 100,000.00 91159HHD5US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 1.53 0.10 0.67 (249.90)(249.90) 149,750.10 99.83 11/05/17MORGANST 150,000.00 166764AA8CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 1.35 0.65 0.67 (408.52)(1,238.30) 174,708.45 99.83 11/05/17BARCLAYS 175,000.00 166764AA8CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 1.35 0.65 0.84 81.42 1,025.75 249,880.75 99.95 HSBC 250,000.00 459200HK0IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 1.31 0.84 Page 15 For the Month Ending March 31, 2017Managed 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 0.85 386.35 844.00 400,288.00 100.07 GOLDMAN 400,000.00 084670BH0BERKSHIRE HATHAWAY GLOBAL NOTE DTD 02/11/2013 1.550% 02/09/2018 1.46 0.85 1.07 (683.12) 206.46 309,062.56 99.70 GOLDMAN 310,000.00 037833AJ9APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 1.28 1.07 1.21 1,412.84 1,412.84 441,412.84 100.32 BARCLAYS 440,000.00 166764AE0CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 1.45 1.21 1.87 1,695.73 251.91 272,816.91 101.04 BONY 270,000.00 17275RAR3CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 1.57 1.87 1.87 1,561.35 312.90 303,129.90 101.04 BNP PARI 300,000.00 17275RAR3CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 1.57 1.87 2.00 4.32 46.65 49,907.65 99.82 03/25/19GOLDMAN 50,000.00 38141GVT8GOLDMAN SACHS GRP INC CORP NT (CALLABLE) DTD 04/25/2016 2.000% 04/25/2019 2.09 1.98 2.00 (350.46)(301.75) 249,538.25 99.82 03/25/19MIZUHO 250,000.00 38141GVT8GOLDMAN SACHS GRP INC CORP NT (CALLABLE) DTD 04/25/2016 2.000% 04/25/2019 2.09 1.98 2.11 (49.81)(35.38) 104,910.02 99.91 CITIGRP 105,000.00 172967KS9CITIGROUP INC CORP NOTES DTD 06/09/2016 2.050% 06/07/2019 2.09 2.11 2.30 5,555.63 6,090.98 580,027.23 100.87 MERRILL 575,000.00 02665WAH4AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 1.87 2.30 2.32 (1,649.76)(5,405.10) 160,179.90 106.79 GOLDMAN 150,000.00 12189TBC7BURLINGTON NRTH CORP DTD 09/24/2009 4.700% 10/01/2019 1.91 2.32 2.56 917.54 (15,085.75) 273,996.75 109.60 GOLDMAN 250,000.00 36962G4J0GENERAL ELECTRIC CAP CORP NOTES DTD 01/08/2010 5.500% 01/08/2020 1.92 2.56 2.66 1,393.17 1,401.90 301,281.90 100.43 CITIGRP 300,000.00 172967LF6CITIGROUP INC DTD 01/10/2017 2.450% 01/10/2020 2.29 2.66 2.73 (13.75)(129.45) 75,158.55 100.21 1ST TENN 75,000.00 94974BGF1WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 2.07 2.73 2.73 (726.95)(1,828.50) 375,792.75 100.21 JEFFERIE 375,000.00 94974BGF1WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 2.07 2.73 2.76 1,121.60 1,131.60 300,930.60 100.31 HSBC 300,000.00 594918BV5MICROSOFT CORP DTD 02/06/2017 1.850% 02/06/2020 1.74 2.76 Page 16 For the Month Ending March 31, 2017Managed 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 2.81 455.00 459.72 180,272.52 100.15 MERRILL 180,000.00 0258M0EE5AMERICAN EXPRESS CREDIT CORP NOTES DTD 03/03/2017 2.200% 03/03/2020 2.15 2.81 2.83 311.52 312.25 125,279.75 100.22 CITIGRP 125,000.00 25468PDP8WALT DISNEY COMPANY CORP NOTES DTD 03/06/2017 1.950% 03/04/2020 1.87 2.83 2.84 (225.70)(925.00) 200,851.00 100.43 HSBC 200,000.00 89236TCF0TOYOTA MOTOR CORP NOTES DTD 03/12/2015 2.150% 03/12/2020 2.00 2.84 2.98 5,545.87 4,641.40 582,499.15 101.30 05/23/20JPMCHASE 575,000.00 46625HLW8JP MORGAN CHASE & CO CORP NT (CALLABLE) DTD 06/23/2015 2.750% 06/23/2020 2.33 3.04 3.78 (5,010.33)(6,192.00) 300,786.00 100.26 KEYBAN 300,000.00 06406FAA1BANK OF NEW YORK MELLON CORP DTD 02/19/2016 2.500% 04/15/2021 2.43 3.78 3.85 (1,401.81)(1,325.60) 198,210.40 99.11 KEYBAN 200,000.00 0258M0EB1AMERICAN EXPRESS CREDIT CORP NOTES DTD 05/05/2016 2.250% 05/05/2021 2.48 3.85 3.88 (2,229.08)(2,212.20) 147,688.80 98.46 SCOTIA 150,000.00 05531FAV5BRANCH BANKING & TRUST CORP NOTE DTD 05/10/2016 2.050% 05/10/2021 2.45 3.88 3.91 (1,076.27)(1,029.67) 73,686.83 98.25 GOLDMAN 75,000.00 857477AV5STATE STREET CORP NOTES DTD 05/19/2016 1.950% 05/19/2021 2.40 3.91 4.42 2,195.00 2,206.33 275,993.58 100.36 MITSU 275,000.00 24422ETL3JOHN DEERE CAPITAL CORP CORP NOTES DTD 01/06/2017 2.650% 01/06/2022 2.57 4.42 (17,741.21) 1.90 2.29 8,570.58 6,958,049.84 6,905,000.00 Security Type Sub-Total 2.30 Commercial Paper 0.35 219.27 1,343.75 622,375.00 99.58 CREDAG 625,000.00 22533TV86CREDIT AGRICOLE CIB NY COMM PAPER DTD 02/08/2017 0.000% 08/08/2017 1.17 0.35 1,343.75 1.17 0.35 219.27 622,375.00 625,000.00 Security Type Sub-Total 0.35 Certificate of Deposit 0.60 43.13 43.13 575,043.13 100.01 UBS AG 575,000.00 06417GAS7BANK OF NOVA SCOTIA HOUSTON YCD DTD 11/09/2015 1.560% 11/06/2017 1.51 0.60 0.62 (411.12)(411.12) 574,588.88 99.93 GOLDMAN 575,000.00 83050FBG5SKANDINAVISKA ENSKILDA BANKEN NY CD DTD 11/17/2015 1.480% 11/16/2017 1.56 0.62 Page 17 For the Month Ending March 31, 2017Managed 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 Certificate of Deposit 0.63 335.23 335.23 575,335.23 100.06 HSBC 575,000.00 40428AR58HSBC BANK USA NA CD DTD 11/18/2015 1.540% 11/17/2017 1.43 0.63 0.93 699.20 699.20 575,699.20 100.12 RBC CAP 575,000.00 78009NZZ2ROYAL BANK OF CANADA NY CD DTD 03/15/2016 1.700% 03/09/2018 1.54 0.93 1.66 3,558.17 3,630.55 578,182.05 100.55 GOLDMAN 575,000.00 13606A5Z7CANADIAN IMPERIAL BANK NY CD DTD 12/05/2016 1.760% 11/30/2018 1.07 1.66 1.66 3,182.05 3,182.05 578,182.05 100.55 MERRILL 575,000.00 65558LWA6NORDEA BANK FINLAND NY CD DTD 12/05/2016 1.760% 11/30/2018 1.07 1.66 1.76 (1,644.60)(1,644.60) 598,355.40 99.73 MERRILL 600,000.00 86958JHB8SVENSKA HANDELSBANKEN NY LT CD DTD 01/12/2017 1.890% 01/10/2019 1.80 1.76 1.85 4,144.80 4,144.80 604,144.80 100.69 GOLDMAN 600,000.00 06427KRC3BANK OF MONTREAL CHICAGO CERT DEPOS DTD 02/09/2017 1.880% 02/07/2019 1.35 1.85 9,979.24 1.42 1.22 9,906.86 4,659,530.74 4,650,000.00 Security Type Sub-Total 1.22 29,916,330.81 29,922,165.46 (194,234.30) (138,720.51) 2.57 1.65 Managed Account Sub-Total 2.57 Money Market Fund 0.00 0.00 0.00 26,763.92 1.00 26,763.92 CAMP Pool 0.00 26,763.92 26,763.92 0.00 0.00 0.00 Money Market Sub-Total 0.00 Total Investments $30,077,230.20 $128,300.82 $29,948,929.38 Accrued Interest Securities Sub-Total $29,943,094.73 ($194,234.30) ($138,720.51) 2.57 1.65% 2.57 Page 18 For the Month Ending March 31, 2017Managed 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 03/03/17 AMERICAN EXPRESS CREDIT CORP NOTES DTD 03/03/2017 2.200% 03/03/2020 0258M0EE5 (179,812.80) 0.00 (179,812.80) 180,000.00 02/28/17 03/06/17 WALT DISNEY COMPANY CORP NOTES DTD 03/06/2017 1.950% 03/04/2020 25468PDP8 (124,967.50) 0.00 (124,967.50) 125,000.00 03/01/17 03/15/17 JOHN DEERE CAPITAL CORP CORP NOTES DTD 01/06/2017 2.650% 01/06/2022 24422ETL3 (273,787.25)(1,396.77)(275,184.02) 275,000.00 03/10/17 03/17/17 US TREASURY NOTES DTD 05/31/2016 1.375% 05/31/2021 912828R77 (876,621.09)(3,637.71)(880,258.80) 900,000.00 03/15/17 (5,034.48) (1,460,223.12)(1,455,188.64) 1,480,000.00 Transaction Type Sub-Total INTEREST 03/01/17 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 17275RAR3 0.00 3,187.50 3,187.50 300,000.00 03/01/17 03/01/17 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 17275RAR3 0.00 2,868.75 2,868.75 270,000.00 03/01/17 03/25/17 FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 3136ANJY4 0.00 174.38 174.38 135,000.00 03/01/17 03/25/17 FANNIE MAE SERIES 2015-M13 ASQ2 DTD 10/01/2015 1.646% 09/01/2019 3136AQDQ0 0.00 359.18 359.18 261,859.92 03/01/17 03/25/17 FNMA SERIES 2015-M15 ASQ2 DTD 11/01/2015 1.898% 01/01/2019 3136AQSW1 0.00 197.72 197.72 125,000.00 03/01/17 03/09/17 ROYAL BANK OF CANADA NY CD DTD 03/15/2016 1.700% 03/09/2018 78009NZZ2 0.00 4,887.50 4,887.50 575,000.00 03/09/17 03/12/17 TOYOTA MOTOR CORP NOTES DTD 03/12/2015 2.150% 03/12/2020 89236TCF0 0.00 2,150.00 2,150.00 200,000.00 03/12/17 03/15/17 CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 20772JZK1 0.00 1,628.55 1,628.55 165,000.00 03/15/17 03/31/17 US TREASURY NOTES DTD 03/31/2016 1.250% 03/31/2021 912828Q37 0.00 1,812.50 1,812.50 290,000.00 03/31/17 17,266.08 17,266.08 0.00 2,321,859.92 Transaction Type Sub-Total Page 19 For the Month Ending March 31, 2017Managed 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 PAYDOWNS 03/25/17 FANNIE MAE SERIES 2015-M13 ASQ2 DTD 10/01/2015 1.646% 09/01/2019 3136AQDQ0 529.12 0.00 529.12 (5.30) 0.00 529.12 03/01/17 0.00 0.00 (5.30) 529.12 529.12 529.12 Transaction Type Sub-Total SELL 03/03/17 US TREASURY NOTES DTD 02/28/2013 1.250% 02/29/2020 912828UQ1 178,474.22 18.34 178,492.56 724.22 52.00 FIFO 180,000.00 02/28/17 03/06/17 US TREASURY NOTES DTD 04/15/2015 0.750% 04/15/2018 912828K25 49,859.38 146.29 50,005.67 (56.64)(93.09)FIFO 50,000.00 03/01/17 03/15/17 US TREASURY NOTES DTD 05/02/2016 1.375% 04/30/2021 912828Q78 268,350.59 1,410.13 269,760.72 (1,192.38)(1,425.61)FIFO 275,000.00 03/10/17 03/17/17 FHLB NOTES DTD 07/08/2016 0.625% 08/07/2018 3130A8PK3 891,522.00 625.00 892,147.00 (5,094.00)(6,106.22)FIFO 900,000.00 03/15/17 2,199.76 (7,572.92)(5,618.80) 1,390,405.95 1,388,206.19 1,405,000.00 Transaction Type Sub-Total (66,453.33) 14,431.36 (52,021.97) (5,624.10) (7,572.92)Managed Account Sub-Total Total Security Transactions ($5,624.10)($52,021.97)$14,431.36 ($66,453.33)($7,572.92) Page 20 For the Month Ending March 31, 2017Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Total Settlement Dollar AmountShare or Trade Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool 81,096.68 Opening Balance 03/01/17 03/01/17 Purchase - Interest 17275RAR3 1.00 2,868.75 83,965.43 03/01/17 03/01/17 Purchase - Interest 17275RAR3 1.00 3,187.50 87,152.93 03/03/17 03/03/17 Purchase - Principal 912828UQ1 1.00 178,474.22 265,627.15 03/03/17 03/03/17 Purchase - Interest 912828UQ1 1.00 18.34 265,645.49 03/03/17 03/03/17 Redemption - Principal 0258M0EE5 1.00 (179,812.80) 85,832.69 03/06/17 03/06/17 Purchase - Interest 912828K25 1.00 146.29 85,978.98 03/06/17 03/06/17 Purchase - Principal 912828K25 1.00 49,859.38 135,838.36 03/06/17 03/06/17 Redemption - Principal 25468PDP8 1.00 (124,967.50) 10,870.86 03/09/17 03/09/17 Purchase - Interest 78009NZZ2 1.00 4,887.50 15,758.36 03/13/17 03/13/17 Purchase - Interest 89236TCF0 1.00 2,150.00 17,908.36 03/15/17 03/15/17 Purchase - Interest 20772JZK1 1.00 1,628.55 19,536.91 03/15/17 03/15/17 Purchase - Principal 912828Q78 1.00 268,350.59 287,887.50 03/15/17 03/15/17 Purchase - Interest 912828Q78 1.00 1,410.13 289,297.63 03/15/17 03/15/17 Redemption - Principal 24422ETL3 1.00 (273,787.25) 15,510.38 03/15/17 03/15/17 Redemption - Interest 24422ETL3 1.00 (1,396.77) 14,113.61 03/17/17 03/17/17 Purchase - Principal 3130A8PK3 1.00 891,522.00 905,635.61 03/17/17 03/17/17 Purchase - Interest 3130A8PK3 1.00 625.00 906,260.61 03/17/17 03/17/17 Redemption - Principal 912828R77 1.00 (876,621.09) 29,639.52 03/17/17 03/17/17 Redemption - Interest 912828R77 1.00 (3,637.71) 26,001.81 03/23/17 03/23/17 IP Fees February 2017 1.00 (2,134.43) 23,867.38 03/23/17 03/23/17 U.S. Bank Fees January 2017 1.00 (199.46) 23,667.92 Page 21 For the Month Ending March 31, 2017Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Total Settlement Dollar AmountShare or Trade Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool 03/27/17 03/27/17 Purchase - Interest 3136ANJY4 1.00 174.38 23,842.30 03/27/17 03/27/17 Purchase - Interest 3136AQDQ0 1.00 359.18 24,201.48 03/27/17 03/27/17 Purchase - Interest 3136AQSW1 1.00 197.72 24,399.20 03/27/17 03/27/17 Purchase - Principal 3136AQDQ0 1.00 529.12 24,928.32 03/31/17 03/31/17 Purchase - Interest 912828Q37 1.00 1,812.50 26,740.82 03/31/17 04/03/17 Accrual Income Div Reinvestment - Distributions 1.00 23.10 26,763.92 26,763.92 26,763.92 26,763.92 31,246.89 76.31 0.00 (5,298,804.67) 5,297,513.68 28,054.91 23.10 26,763.92 0.00 (1,462,557.01) 1,408,224.25 81,096.68 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 March January-March 0.89% Page 22 Housing Funds CAMP Account For the Month Ending March 31, 2017Account Statement - Transaction Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Opening Market Value Purchases Redemptions Change in Value Closing Market Value 24,836.45 153,739.81 (152,622.30) 0.00 $25,953.96 CAMP Pool Unsettled Trades 0.00 17.96 Cash Dividends and Income Opening Market Value Purchases Redemptions Change in Value Closing Market Value 5,061,780.92 121,752.93 (124,591.98) (3,618.69) $5,055,323.18 CAMP Managed Account Unsettled Trades 0.00 5,098.87 Cash Dividends and Income March 31, 2017 February 28, 2017 Asset Summary CAMP Pool 25,953.96 24,836.45 CAMP Managed Account 5,055,323.18 5,061,780.92 $5,081,277.14 $5,086,617.37 Total Asset Allocation 0.51% CAMP Pool 99.49% CAMP Managed Account Page 1 For the Month Ending March 31, 2017Managed 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 $24,836.45 153,739.81 (152,622.30) $25,953.96 17.96 $5,061,780.92 (89.85) (124,502.13) 121,752.93 0.00 (3,618.69) $5,055,323.18 $5,086,617.37 $5,081,277.14 4,341.78 (505.24) 1,262.33 $5,098.87 0.00 149,646.83 3,985.17 89.85 (152,226.97) (1,494.88) 0.00 Managed Account Total 5,083,371.78 5,109,325.74 19,827.73 124,856.19 89.85 3,985.17 (122,258.17) (5,086,941.40) (16,709.23) 0.00 19,827.73 277,478.49 89.85 3,985.17 (275,997.98) (5,111,777.85) (16,709.23) 17.96 Total Accrual Basis Earnings $6,221.92 $6,239.88 Transaction Summary - Managed AccountTransaction Summary - Money Market _______________________________________________ _______________________________________________ _____________________________________________________ Cash Balance $0.00 Closing Cash Balance Page 2 For the Month Ending March 31, 2017Portfolio Summary and Statistics CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Account Summary Percent Par Value Market ValueDescription U.S. Treasury Bond / Note 1,640,000.00 1,645,087.80 32.38 Municipal Bond / Note 30,000.00 30,169.80 0.59 Federal Agency Collateralized Mortgage Obligation 94,376.93 94,383.20 1.86 Federal Agency Bond / Note 1,255,000.00 1,240,062.61 24.40 Corporate Note 1,440,000.00 1,444,541.27 28.43 Certificate of Deposit 600,000.00 601,078.50 11.83 Managed Account Sub-Total 5,059,376.93 5,055,323.18 99.49% Accrued Interest 19,827.73 Total Portfolio 5,059,376.93 5,075,150.91 CAMP Pool 25,953.96 25,953.96 0.51 Total Investments 5,085,330.89 5,101,104.87 100.00% Unsettled Trades 0.00 0.00 Sector Allocation 11.83% Cert of Deposit 28.43% Corporate Note 1.86% Fed Agency CMO 24.40% Fed Agy Bond / Note 0.51% Mny Mkt Fund 0.59% 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 2.98% 13.28% 18.61% 26.47% 17.41% 21.25% 0.00% Maturity Distribution Characteristics Yield to Maturity at Cost Yield to Maturity at Market Duration to Worst Weighted Average Days to Maturity 2.52 958 1.49% 1.65% Page 3 For the Month Ending March 31, 2017Managed Account Issuer Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Credit Quality (S&P Ratings) 7.41% A 6.43% A+ 3.07% A- 1.97% A-1 1.97% A-1+ 59.71% AA+ 15.48% AA- 0.99% AAA 0.51% AAAm 2.46% BBB+ Issuer Summary Percentof HoldingsIssuer Market Value 30,045.42 0.59 AMERICAN EXPRESS CO 100,874.30 1.99 AMERICAN HONDA FINANCE 54,833.68 1.08 APPLE INC 100,690.80 1.98 BANK OF MONTREAL 150,013.20 2.95 BANK OF NEW YORK CO INC 24,614.80 0.48 BB&T CORPORTATION 26,696.65 0.53 BURLINGTON NORTHERN SANTA FE 25,953.96 0.51 CAMP Pool 254,965.33 5.02 CHEVRON CORP 101,043.30 1.99 CISCO SYSTEMS INC 75,192.23 1.48 CITIGROUP INC 612,742.99 12.06 FANNIE MAE 721,702.82 14.20 FEDERAL HOME LOAN BANKS 49,907.65 0.98 GOLDMAN SACHS GROUP INC 100,058.30 1.97 HSBC HOLDINGS PLC 99,952.30 1.97 IBM CORP 101,304.20 1.99 JP MORGAN CHASE & CO 50,155.10 0.99 MICROSOFT CORP 100,553.40 1.98 NORDEA BANK AB 100,121.60 1.97 ROYAL BANK OF CANADA 99,928.50 1.97 SKANDINAVISKA ENSKIDA BANKEN AB 30,169.80 0.59 STATE OF CONNECTICUT 24,562.28 0.48 STATE STREET CORPORATION 99,725.90 1.96 SVENSKA HANDELSBANKEN 1,645,087.80 32.38 UNITED STATES TREASURY 125,010.88 2.46 US BANCORP 175,369.95 3.45 WELLS FARGO & COMPANY $5,081,277.14 Total 100.00% Page 4 For the Month Ending March 31, 2017Managed 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 11/30/2012 1.000% 11/30/2019 44,511.35 44,479.69 150.82 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 59,571.12 59,487.66 65.22 59,250.00 11/09/1511/05/15AaaAA+ 60,000.00 912828UQ1 1.55 US TREASURY NOTES DTD 07/31/2013 2.000% 07/31/2020 75,943.35 76,023.80 248.62 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 177,754.85 177,239.38 323.37 178,028.32 12/30/1512/28/15AaaAA+ 175,000.00 912828VV9 1.74 US TREASURY NOTES DTD 10/31/2013 1.750% 10/31/2020 100,218.80 101,410.05 734.81 101,851.56 02/03/1602/01/16AaaAA+ 100,000.00 912828WC0 1.35 US TREASURY NOTE DTD 12/02/2013 2.000% 11/30/2020 75,767.55 76,668.14 502.75 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 127,944.38 129,987.44 746.29 131,279.30 03/31/1603/30/16AaaAA+ 125,000.00 912828A83 1.28 US TREASURY N/B DTD 12/31/2015 1.750% 12/31/2020 125,092.75 126,843.80 549.90 127,241.21 05/31/1605/27/16AaaAA+ 125,000.00 912828N48 1.35 US TREASURY NOTES DTD 02/28/2014 2.000% 02/28/2021 100,875.00 104,132.49 173.91 104,890.63 07/08/1607/06/16AaaAA+ 100,000.00 912828B90 0.92 US TREASURY NOTES DTD 03/31/2016 1.250% 03/31/2021 53,865.63 55,591.22 1.88 55,700.39 06/29/1606/27/16AaaAA+ 55,000.00 912828Q37 0.98 US TREASURY NOTES DTD 05/02/2016 1.375% 04/30/2021 127,816.39 127,557.73 750.55 127,420.31 01/05/1701/03/17AaaAA+ 130,000.00 912828Q78 1.86 US TREASURY NOTES DTD 05/31/2016 1.375% 05/31/2021 122,773.50 121,783.68 576.06 121,752.93 03/17/1703/15/17AaaAA+ 125,000.00 912828R77 2.02 US TREASURY NOTES DTD 06/02/2014 2.000% 05/31/2021 226,705.05 232,125.71 1,508.24 233,085.94 09/02/1609/01/16AaaAA+ 225,000.00 912828WN6 1.22 US TREASURY NOTES DTD 09/02/2014 2.000% 08/31/2021 75,416.03 77,541.55 130.43 77,815.43 10/05/1610/03/16AaaAA+ 75,000.00 912828D72 1.21 Page 5 For the Month Ending March 31, 2017Managed 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 09/02/2014 2.000% 08/31/2021 150,832.05 150,417.97 260.87 150,445.31 12/05/1612/01/16AaaAA+ 150,000.00 912828D72 1.93 6,723.72 1,645,087.80 1,661,290.31 1.49 1,666,449.61 1,640,000.00 Security Type Sub-Total Municipal Bond / Note CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 30,169.80 30,042.25 26.32 30,084.30 03/25/1503/16/15Aa3AA- 30,000.00 20772JZK1 1.90 26.32 30,169.80 30,042.25 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 24,978.22 25,061.11 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 25,032.50 25,122.62 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 44,372.48 44,633.88 60.87 44,821.32 10/30/1510/07/15AaaAA+ 44,376.93 3136AQDQ0 1.08 132.70 94,383.20 94,817.61 1.05 95,321.23 94,376.93 Security Type Sub-Total Federal Agency Bond / Note FEDERAL HOME LOAN BANKS AGCY DTD 05/27/2016 0.875% 06/29/2018 49,806.75 50,007.41 111.81 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 99,240.90 99,743.82 93.75 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 5,030.59 5,019.53 27.99 5,047.50 10/23/1410/22/14AaaAA+ 5,000.00 3135G0YT4 1.39 FHLB NOTES DTD 12/08/2016 1.250% 01/16/2019 99,904.40 99,996.31 260.42 99,996.00 12/08/1612/07/16AaaAA+ 100,000.00 3130AAE46 1.25 FNMA BENCHMARK NOTE DTD 02/23/2016 1.000% 02/26/2019 24,836.60 24,962.46 24.31 24,941.00 02/23/1602/19/16AaaAA+ 25,000.00 3135G0J53 1.08 Page 6 For the Month Ending March 31, 2017Managed 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 FNMA BENCHMARK NOTE DTD 02/23/2016 1.000% 02/26/2019 49,673.20 50,094.70 48.61 50,126.50 08/08/1608/05/16AaaAA+ 50,000.00 3135G0J53 0.90 FNMA BENCHMARK NOTE DTD 08/02/2016 0.875% 08/02/2019 123,377.50 124,835.99 179.25 124,790.00 08/02/1607/29/16AaaAA+ 125,000.00 3135G0N33 0.93 FHLB GLOBAL NOTE DTD 08/04/2016 0.875% 08/05/2019 123,386.75 124,812.07 170.14 124,760.00 08/04/1608/03/16AaaAA+ 125,000.00 3130A8Y72 0.94 FNMA NOTES DTD 09/02/2016 1.000% 08/28/2019 123,672.13 124,842.09 107.64 124,805.00 09/02/1608/31/16AaaAA+ 125,000.00 3135G0P49 1.05 FHLB GLOBAL NOTES DTD 09/09/2016 1.000% 09/26/2019 123,635.50 124,910.91 17.36 124,891.25 09/09/1609/08/16AaaAA+ 125,000.00 3130A9EP2 1.03 FHLB NOTES DTD 11/17/2016 1.375% 11/15/2019 104,637.02 104,978.78 537.40 104,975.85 11/17/1611/16/16AaaAA+ 105,000.00 3130AA3R7 1.38 FNMA NOTES DTD 02/28/2017 1.500% 02/28/2020 89,783.37 89,944.04 116.25 89,942.40 02/28/1702/24/17AaaAA+ 90,000.00 3135G0T29 1.52 FHLB GLOBAL NOTE DTD 07/14/2016 1.125% 07/14/2021 121,091.50 124,345.24 300.78 124,239.88 07/15/1607/14/16AaaAA+ 125,000.00 3130A8QS5 1.25 FNMA NOTES DTD 08/19/2016 1.250% 08/17/2021 24,282.48 24,924.74 38.19 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 77,703.92 79,714.85 122.22 79,676.00 08/19/1608/17/16AaaAA+ 80,000.00 3135G0N82 1.33 2,156.12 1,240,062.61 1,253,132.94 1.12 1,252,740.94 1,255,000.00 Security Type Sub-Total Corporate Note US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 125,010.88 125,022.63 779.17 127,670.00 07/30/1207/25/12A1A+ 125,000.00 91159HHD5 1.19 CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 74,875.05 75,050.13 266.80 75,405.75 12/05/1211/29/12Aa2AA- 75,000.00 166764AA8 0.99 Page 7 For the Month Ending March 31, 2017Managed 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 99,833.40 100,000.00 355.73 100,000.00 12/05/1211/28/12Aa2AA- 100,000.00 166764AA8 1.10 IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 99,952.30 99,919.73 184.03 99,542.00 02/08/1302/05/13Aa3AA- 100,000.00 459200HK0 1.35 BANK OF NEW YORK MELLON (CALLABLE) DTD 03/06/2013 1.350% 03/06/2018 99,882.20 99,994.46 93.75 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 54,833.68 54,954.88 226.11 54,797.05 05/03/1304/30/13Aa1AA+ 55,000.00 037833AJ9 1.08 CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 80,256.88 80,000.00 370.32 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 50,521.65 50,207.63 88.54 50,475.00 09/04/1408/29/14A1AA- 50,000.00 17275RAR3 1.90 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 50,521.65 50,261.43 88.54 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 49,907.65 49,977.74 433.33 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 24,978.58 24,990.43 162.29 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 100,874.30 99,908.10 287.50 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 26,696.65 26,971.61 587.50 27,597.50 06/08/1606/03/16A3A 25,000.00 12189TBC7 1.48 CITIGROUP INC DTD 01/10/2017 2.450% 01/10/2020 50,213.65 49,981.45 275.63 49,980.00 01/10/1701/04/17Baa1BBB+ 50,000.00 172967LF6 2.46 WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 175,369.95 175,709.19 637.53 176,223.25 02/05/1502/02/15A2A 175,000.00 94974BGF1 2.00 MICROSOFT CORP DTD 02/06/2017 1.850% 02/06/2020 50,155.10 49,968.17 141.32 49,966.50 02/06/1701/30/17AaaAAA 50,000.00 594918BV5 1.87 Page 8 For the Month Ending March 31, 2017Managed 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 AMERICAN EXPRESS CREDIT CORP NOTES DTD 03/03/2017 2.200% 03/03/2020 30,045.42 29,969.59 51.33 29,968.80 03/03/1702/28/17A2A- 30,000.00 0258M0EE5 2.24 JP MORGAN CHASE & CO CORP NT (CALLABLE) DTD 06/23/2015 2.750% 06/23/2020 101,304.20 100,339.70 748.61 100,497.00 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 50,131.00 50,954.46 576.39 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 24,614.80 24,986.31 200.73 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 24,562.28 24,921.03 178.75 24,905.50 05/24/1605/19/16A1A 25,000.00 857477AV5 2.03 6,733.90 1,444,541.27 1,444,088.67 1.74 1,448,371.35 1,440,000.00 Security Type Sub-Total Certificate of Deposit SKANDINAVISKA ENSKILDA BANKEN NY CD DTD 11/17/2015 1.480% 11/16/2017 99,928.50 100,000.00 559.11 100,000.00 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 100,058.30 100,000.00 2,138.89 100,000.00 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 100,121.60 100,000.00 103.89 100,000.00 03/15/1603/11/16Aa3AA- 100,000.00 78009NZZ2 1.69 NORDEA BANK FINLAND NY CD DTD 12/05/2016 1.760% 11/30/2018 100,553.40 100,000.00 572.00 100,000.00 12/05/1612/01/16Aa3AA- 100,000.00 65558LWA6 1.74 SVENSKA HANDELSBANKEN NY LT CD DTD 01/12/2017 1.890% 01/10/2019 99,725.90 100,000.00 414.75 100,000.00 01/12/1701/10/17Aa2AA- 100,000.00 86958JHB8 1.91 BANK OF MONTREAL CHICAGO CERT DEPOS DTD 02/09/2017 1.880% 02/07/2019 100,690.80 100,000.00 266.33 100,000.00 02/09/1702/08/17Aa3A+ 100,000.00 06427KRC3 1.90 4,054.97 601,078.50 600,000.00 1.71 600,000.00 600,000.00 Security Type Sub-Total Page 9 For the Month Ending March 31, 2017Managed 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 5,059,376.93 5,092,967.43 1.49 19,827.73 5,083,371.78 5,055,323.18 Managed Account Sub-Total Money Market Fund CAMP Pool 25,953.96 25,953.96 0.00 25,953.96 NRAAAm 25,953.96 25,953.96 25,953.96 0.00 25,953.96 25,953.96 Money Market Sub-Total $5,085,330.89 $5,118,921.39 $19,827.73 $5,109,325.74 $5,081,277.14 1.49% $5,101,104.87 $19,827.73 Total Investments Accrued Interest Securities Sub-Total Page 10 For the Month Ending March 31, 2017Managed 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 2.61 31.66 379.71 44,511.35 98.91 CITIGRP 45,000.00 912828UB4US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 1.42 2.61 2.85 83.46 321.12 59,571.12 99.29 CITIGRP 60,000.00 912828UQ1US TREASURY NOTES DTD 02/28/2013 1.250% 02/29/2020 1.50 2.85 3.21 (80.45)(471.69) 75,943.35 101.26 MERRILL 75,000.00 912828VP2US TREASURY NOTES DTD 07/31/2013 2.000% 07/31/2020 1.61 3.21 3.28 515.47 (273.47) 177,754.85 101.57 MORGANST 175,000.00 912828VV9US TREASURY NOTES DTD 09/03/2013 2.125% 08/31/2020 1.65 3.28 3.43 (1,191.25)(1,632.76) 100,218.80 100.22 MERRILL 100,000.00 912828WC0US TREASURY NOTES DTD 10/31/2013 1.750% 10/31/2020 1.69 3.43 3.50 (900.59)(1,374.05) 75,767.55 101.02 MERRILL 75,000.00 912828A42US TREASURY NOTE DTD 12/02/2013 2.000% 11/30/2020 1.71 3.50 3.56 (2,043.06)(3,334.92) 127,944.38 102.36 MERRILL 125,000.00 912828A83US TREASURY NOTES DTD 12/31/2013 2.375% 12/31/2020 1.72 3.56 3.60 (1,751.05)(2,148.46) 125,092.75 100.07 MORGANST 125,000.00 912828N48US TREASURY N/B DTD 12/31/2015 1.750% 12/31/2020 1.73 3.60 3.75 (3,257.49)(4,015.63) 100,875.00 100.88 MORGANST 100,000.00 912828B90US TREASURY NOTES DTD 02/28/2014 2.000% 02/28/2021 1.77 3.75 3.88 (1,725.59)(1,834.76) 53,865.63 97.94 CITIGRP 55,000.00 912828Q37US TREASURY NOTES DTD 03/31/2016 1.250% 03/31/2021 1.79 3.88 3.93 258.66 396.08 127,816.39 98.32 MORGAN_S 130,000.00 912828Q78US TREASURY NOTES DTD 05/02/2016 1.375% 04/30/2021 1.80 3.93 4.01 989.82 1,020.57 122,773.50 98.22 MORGAN_S 125,000.00 912828R77US TREASURY NOTES DTD 05/31/2016 1.375% 05/31/2021 1.82 4.01 3.96 (5,420.66)(6,380.89) 226,705.05 100.76 HSBC 225,000.00 912828WN6US TREASURY NOTES DTD 06/02/2014 2.000% 05/31/2021 1.81 3.96 4.20 (2,125.52)(2,399.40) 75,416.03 100.55 HSBC 75,000.00 912828D72US TREASURY NOTES DTD 09/02/2014 2.000% 08/31/2021 1.87 4.20 4.20 414.08 386.74 150,832.05 100.55 HSBC 150,000.00 912828D72US TREASURY NOTES DTD 09/02/2014 2.000% 08/31/2021 1.87 4.20 (21,361.81) 1.74 3.68 (16,202.51) 1,645,087.80 1,640,000.00 Security Type Sub-Total 3.68 Municipal Bond / Note Page 11 For the Month Ending March 31, 2017Managed 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 1.91 127.55 85.50 30,169.80 100.57 VINING 30,000.00 20772JZK1CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 1.68 1.91 85.50 1.68 1.91 127.55 30,169.80 30,000.00 Security Type Sub-Total 1.91 Federal Agency Collateralized Mortgage Obligation 0.85 (82.89)(271.69) 24,978.22 99.91 GOLDMAN 25,000.00 3136ANJY4FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 1.53 0.84 1.55 (90.12)(217.50) 25,032.50 100.13 GOLDMAN 25,000.00 3136AQSW1FNMA SERIES 2015-M15 ASQ2 DTD 11/01/2015 1.898% 01/01/2019 1.73 1.04 2.21 (261.40)(448.84) 44,372.48 99.99 MORGANST 44,376.93 3136AQDQ0FANNIE MAE SERIES 2015-M13 ASQ2 DTD 10/01/2015 1.646% 09/01/2019 1.60 1.41 (938.03) 1.62 1.68 (434.41) 94,383.20 94,376.93 Security Type Sub-Total 1.16 Federal Agency Bond / Note 1.23 (200.66)(204.33) 49,806.75 99.61 WELLSFAR 50,000.00 3130A8BD4FEDERAL HOME LOAN BANKS AGCY DTD 05/27/2016 0.875% 06/29/2018 1.19 1.23 1.34 (502.92)(383.10) 99,240.90 99.24 CITIGRP 100,000.00 3130A8PK3FHLB NOTES DTD 07/08/2016 0.625% 08/07/2018 1.19 1.34 1.62 11.06 (16.91) 5,030.59 100.61 GOLDMAN 5,000.00 3135G0YT4FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 1.25 1.62 1.76 (91.91)(91.60) 99,904.40 99.90 BAML 100,000.00 3130AAE46FHLB NOTES DTD 12/08/2016 1.250% 01/16/2019 1.30 1.76 1.88 (125.86)(104.40) 24,836.60 99.35 JPMCHASE 25,000.00 3135G0J53FNMA BENCHMARK NOTE DTD 02/23/2016 1.000% 02/26/2019 1.35 1.88 1.88 (421.50)(453.30) 49,673.20 99.35 BMO 50,000.00 3135G0J53FNMA BENCHMARK NOTE DTD 02/23/2016 1.000% 02/26/2019 1.35 1.88 2.30 (1,458.49)(1,412.50) 123,377.50 98.70 GOLDMAN 125,000.00 3135G0N33FNMA BENCHMARK NOTE DTD 08/02/2016 0.875% 08/02/2019 1.44 2.30 2.31 (1,425.32)(1,373.25) 123,386.75 98.71 WELLSFAR 125,000.00 3130A8Y72FHLB GLOBAL NOTE DTD 08/04/2016 0.875% 08/05/2019 1.44 2.31 2.37 (1,169.96)(1,132.87) 123,672.13 98.94 GOLDMAN 125,000.00 3135G0P49FNMA NOTES DTD 09/02/2016 1.000% 08/28/2019 1.45 2.37 Page 12 For the Month Ending March 31, 2017Managed 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 2.44 (1,275.41)(1,255.75) 123,635.50 98.91 BARCLAYS 125,000.00 3130A9EP2FHLB GLOBAL NOTES DTD 09/09/2016 1.000% 09/26/2019 1.45 2.44 2.55 (341.76)(338.83) 104,637.02 99.65 MERRILL 105,000.00 3130AA3R7FHLB NOTES DTD 11/17/2016 1.375% 11/15/2019 1.51 2.55 2.84 (160.67)(159.03) 89,783.37 99.76 JPM_CHAS 90,000.00 3135G0T29FNMA NOTES DTD 02/28/2017 1.500% 02/28/2020 1.58 2.84 4.15 (3,253.74)(3,148.38) 121,091.50 96.87 TD SEC U 125,000.00 3130A8QS5FHLB GLOBAL NOTE DTD 07/14/2016 1.125% 07/14/2021 1.89 4.15 4.22 (642.26)(632.00) 24,282.48 97.13 TD SEC U 25,000.00 3135G0N82FNMA NOTES DTD 08/19/2016 1.250% 08/17/2021 1.94 4.22 4.22 (2,010.93)(1,972.08) 77,703.92 97.13 CITIGRP 80,000.00 3135G0N82FNMA NOTES DTD 08/19/2016 1.250% 08/17/2021 1.94 4.22 (12,678.33) 1.50 2.53 (13,070.33) 1,240,062.61 1,255,000.00 Security Type Sub-Total 2.53 Corporate Note 0.04 (11.75)(2,659.12) 125,010.88 100.01 04/15/17BARCLAYS 125,000.00 91159HHD5US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 1.53 0.10 0.67 (175.08)(530.70) 74,875.05 99.83 11/05/17BARCLAYS 75,000.00 166764AA8CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 1.35 0.65 0.67 (166.60)(166.60) 99,833.40 99.83 11/05/17MORGANST 100,000.00 166764AA8CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 1.35 0.65 0.84 32.57 410.30 99,952.30 99.95 HSBC 100,000.00 459200HK0IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 1.31 0.84 0.92 (112.26)(88.80) 99,882.20 99.88 GOLDMAN 100,000.00 06406HCJ6BANK OF NEW YORK MELLON (CALLABLE) DTD 03/06/2013 1.350% 03/06/2018 1.48 0.88 1.07 (121.20) 36.63 54,833.68 99.70 GOLDMAN 55,000.00 037833AJ9APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 1.28 1.07 1.21 256.88 256.88 80,256.88 100.32 BARCLAYS 80,000.00 166764AE0CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 1.45 1.21 1.87 314.02 46.65 50,521.65 101.04 BONY 50,000.00 17275RAR3CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 1.57 1.87 Page 13 For the Month Ending March 31, 2017Managed 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 1.87 260.22 52.15 50,521.65 101.04 BNP PARI 50,000.00 17275RAR3CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 1.57 1.87 2.00 (70.09)(60.35) 49,907.65 99.82 03/25/19MIZUHO 50,000.00 38141GVT8GOLDMAN SACHS GRP INC CORP NT (CALLABLE) DTD 04/25/2016 2.000% 04/25/2019 2.09 1.98 2.11 (11.85)(8.42) 24,978.58 99.91 CITIGRP 25,000.00 172967KS9CITIGROUP INC CORP NOTES DTD 06/09/2016 2.050% 06/07/2019 2.09 2.11 2.30 966.20 1,059.30 100,874.30 100.87 MERRILL 100,000.00 02665WAH4AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 1.87 2.30 2.32 (274.96)(900.85) 26,696.65 106.79 GOLDMAN 25,000.00 12189TBC7BURLINGTON NRTH CORP DTD 09/24/2009 4.700% 10/01/2019 1.91 2.32 2.66 232.20 233.65 50,213.65 100.43 CITIGRP 50,000.00 172967LF6CITIGROUP INC DTD 01/10/2017 2.450% 01/10/2020 2.29 2.66 2.73 (339.24)(853.30) 175,369.95 100.21 JEFFERIE 175,000.00 94974BGF1WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 2.07 2.73 2.76 186.93 188.60 50,155.10 100.31 HSBC 50,000.00 594918BV5MICROSOFT CORP DTD 02/06/2017 1.850% 02/06/2020 1.74 2.76 2.81 75.83 76.62 30,045.42 100.15 MERRILL 30,000.00 0258M0EE5AMERICAN EXPRESS CREDIT CORP NOTES DTD 03/03/2017 2.200% 03/03/2020 2.15 2.81 2.98 964.50 807.20 101,304.20 101.30 05/23/20JPMCHASE 100,000.00 46625HLW8JP MORGAN CHASE & CO CORP NT (CALLABLE) DTD 06/23/2015 2.750% 06/23/2020 2.33 3.04 3.78 (823.46)(1,018.00) 50,131.00 100.26 KEYBAN 50,000.00 06406FAA1BANK OF NEW YORK MELLON CORP DTD 02/19/2016 2.500% 04/15/2021 2.43 3.78 3.88 (371.51)(368.70) 24,614.80 98.46 SCOTIA 25,000.00 05531FAV5BRANCH BANKING & TRUST CORP NOTE DTD 05/10/2016 2.050% 05/10/2021 2.45 3.88 3.91 (358.75)(343.22) 24,562.28 98.25 GOLDMAN 25,000.00 857477AV5STATE STREET CORP NOTES DTD 05/19/2016 1.950% 05/19/2021 2.40 3.91 (3,830.08) 1.77 1.80 452.60 1,444,541.27 1,440,000.00 Security Type Sub-Total 1.81 Certificate of Deposit Page 14 For the Month Ending March 31, 2017Managed 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 0.62 (71.50)(71.50) 99,928.50 99.93 GOLDMAN 100,000.00 83050FBG5SKANDINAVISKA ENSKILDA BANKEN NY CD DTD 11/17/2015 1.480% 11/16/2017 1.56 0.62 0.63 58.30 58.30 100,058.30 100.06 HSBC 100,000.00 40428AR58HSBC BANK USA NA CD DTD 11/18/2015 1.540% 11/17/2017 1.43 0.63 0.93 121.60 121.60 100,121.60 100.12 RBC CAP 100,000.00 78009NZZ2ROYAL BANK OF CANADA NY CD DTD 03/15/2016 1.700% 03/09/2018 1.54 0.93 1.66 553.40 553.40 100,553.40 100.55 MERRILL 100,000.00 65558LWA6NORDEA BANK FINLAND NY CD DTD 12/05/2016 1.760% 11/30/2018 1.07 1.66 1.76 (274.10)(274.10) 99,725.90 99.73 MERRILL 100,000.00 86958JHB8SVENSKA HANDELSBANKEN NY LT CD DTD 01/12/2017 1.890% 01/10/2019 1.80 1.76 1.85 690.80 690.80 100,690.80 100.69 GOLDMAN 100,000.00 06427KRC3BANK OF MONTREAL CHICAGO CERT DEPOS DTD 02/09/2017 1.880% 02/07/2019 1.35 1.85 1,078.50 1.46 1.24 1,078.50 601,078.50 600,000.00 Security Type Sub-Total 1.24 5,059,376.93 5,055,323.18 (37,644.25) (28,048.60) 2.52 1.65 Managed Account Sub-Total 2.52 Money Market Fund 0.00 0.00 0.00 25,953.96 1.00 25,953.96 CAMP Pool 0.00 25,953.96 25,953.96 0.00 0.00 0.00 Money Market Sub-Total 0.00 Total Investments $5,101,104.87 $19,827.73 $5,081,277.14 Accrued Interest Securities Sub-Total $5,085,330.89 ($37,644.25) ($28,048.60) 2.52 1.65% 2.52 Page 15 For the Month Ending March 31, 2017Managed 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 03/03/17 AMERICAN EXPRESS CREDIT CORP NOTES DTD 03/03/2017 2.200% 03/03/2020 0258M0EE5 (29,968.80) 0.00 (29,968.80) 30,000.00 02/28/17 03/17/17 US TREASURY NOTES DTD 05/31/2016 1.375% 05/31/2021 912828R77 (121,752.93)(505.24)(122,258.17) 125,000.00 03/15/17 (505.24) (152,226.97)(151,721.73) 155,000.00 Transaction Type Sub-Total INTEREST 03/01/17 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 17275RAR3 0.00 531.25 531.25 50,000.00 03/01/17 03/01/17 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 17275RAR3 0.00 531.25 531.25 50,000.00 03/01/17 03/25/17 FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 3136ANJY4 0.00 32.29 32.29 25,000.00 03/01/17 03/25/17 FNMA SERIES 2015-M15 ASQ2 DTD 11/01/2015 1.898% 01/01/2019 3136AQSW1 0.00 39.54 39.54 25,000.00 03/01/17 03/25/17 FANNIE MAE SERIES 2015-M13 ASQ2 DTD 10/01/2015 1.646% 09/01/2019 3136AQDQ0 0.00 60.99 60.99 44,466.78 03/01/17 03/06/17 BANK OF NEW YORK MELLON (CALLABLE) DTD 03/06/2013 1.350% 03/06/2018 06406HCJ6 0.00 675.00 675.00 100,000.00 03/06/17 03/09/17 ROYAL BANK OF CANADA NY CD DTD 03/15/2016 1.700% 03/09/2018 78009NZZ2 0.00 850.00 850.00 100,000.00 03/09/17 03/15/17 CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 20772JZK1 0.00 296.10 296.10 30,000.00 03/15/17 03/26/17 FHLB GLOBAL NOTES DTD 09/09/2016 1.000% 09/26/2019 3130A9EP2 0.00 625.00 625.00 125,000.00 03/26/17 03/31/17 US TREASURY NOTES DTD 03/31/2016 1.250% 03/31/2021 912828Q37 0.00 343.75 343.75 55,000.00 03/31/17 3,985.17 3,985.17 0.00 604,466.78 Transaction Type Sub-Total PAYDOWNS Page 16 For the Month Ending March 31, 2017Managed 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 PAYDOWNS 03/25/17 FANNIE MAE SERIES 2015-M13 ASQ2 DTD 10/01/2015 1.646% 09/01/2019 3136AQDQ0 89.85 0.00 89.85 (0.90) 0.00 89.85 03/01/17 0.00 0.00 (0.90) 89.85 89.85 89.85 Transaction Type Sub-Total SELL 03/03/17 US TREASURY NOTES DTD 02/28/2013 1.250% 02/29/2020 912828UQ1 24,788.09 2.55 24,790.64 100.59 7.23 FIFO 25,000.00 02/28/17 03/17/17 FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 3135G0WJ8 99,549.00 281.94 99,830.94 1,064.00 (84.14)FIFO 100,000.00 03/15/17 03/17/17 US TREASURY NOTES DTD 10/01/2012 0.625% 09/30/2017 912828TS9 24,953.13 72.12 25,025.25 98.64 (30.67)FIFO 25,000.00 03/15/17 356.61 (107.58) 1,263.23 149,646.83 149,290.22 150,000.00 Transaction Type Sub-Total (2,341.66) 3,836.54 1,494.88 1,262.33 (107.58)Managed Account Sub-Total Total Security Transactions $1,262.33 $1,494.88 $3,836.54 ($2,341.66)($107.58) Page 17 For the Month Ending March 31, 2017Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Total Settlement Dollar AmountShare or Trade Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool 24,836.45 Opening Balance 03/01/17 03/01/17 Purchase - Interest 17275RAR3 1.00 531.25 25,367.70 03/01/17 03/01/17 Purchase - Interest 17275RAR3 1.00 531.25 25,898.95 03/03/17 03/03/17 Purchase - Interest 912828UQ1 1.00 2.55 25,901.50 03/03/17 03/03/17 Purchase - Principal 912828UQ1 1.00 24,788.09 50,689.59 03/03/17 03/03/17 Redemption - Principal 0258M0EE5 1.00 (29,968.80) 20,720.79 03/06/17 03/06/17 Purchase - Interest 06406HCJ6 1.00 675.00 21,395.79 03/09/17 03/09/17 Purchase - Interest 78009NZZ2 1.00 850.00 22,245.79 03/15/17 03/15/17 Purchase - Interest 20772JZK1 1.00 296.10 22,541.89 03/17/17 03/17/17 Purchase - Principal 3135G0WJ8 1.00 99,549.00 122,090.89 03/17/17 03/17/17 Purchase - Interest 3135G0WJ8 1.00 281.94 122,372.83 03/17/17 03/17/17 Purchase - Principal 912828TS9 1.00 24,953.13 147,325.96 03/17/17 03/17/17 Purchase - Interest 912828TS9 1.00 72.12 147,398.08 03/17/17 03/17/17 Redemption - Interest 912828R77 1.00 (505.24) 146,892.84 03/17/17 03/17/17 Redemption - Principal 912828R77 1.00 (121,752.93) 25,139.91 03/23/17 03/23/17 IP Fees February 2017 1.00 (361.50) 24,778.41 03/23/17 03/23/17 U.S. Bank Fees January 2017 1.00 (33.83) 24,744.58 03/27/17 03/27/17 Purchase - Interest 3130A9EP2 1.00 625.00 25,369.58 03/27/17 03/27/17 Purchase - Interest 3136ANJY4 1.00 32.29 25,401.87 03/27/17 03/27/17 Purchase - Interest 3136AQDQ0 1.00 60.99 25,462.86 03/27/17 03/27/17 Purchase - Interest 3136AQSW1 1.00 39.54 25,502.40 03/27/17 03/27/17 Purchase - Principal 3136AQDQ0 1.00 89.85 25,592.25 Page 18 For the Month Ending March 31, 2017Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Total Settlement Dollar AmountShare or Trade Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool 03/31/17 03/31/17 Purchase - Interest 912828Q37 1.00 343.75 25,936.00 03/31/17 04/03/17 Accrual Income Div Reinvestment - Distributions 1.00 17.96 25,953.96 25,953.96 25,953.96 25,953.96 23,704.74 37.35 0.00 (671,243.45) 686,591.64 10,605.77 17.96 25,953.96 0.00 (152,622.30) 153,739.81 24,836.45 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 March January-March 0.89% Page 19 Successor Agency CAMP Account For the Month Ending March 31, 2017Account Statement - Transaction Summary CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Opening Market Value Purchases Redemptions Change in Value Closing Market Value 31,118.50 176,877.35 (203,212.85) 0.00 $4,783.00 CAMP Pool Unsettled Trades 0.00 5.59 Cash Dividends and Income Opening Market Value Purchases Redemptions Change in Value Closing Market Value 5,254,260.76 172,175.34 (147,938.87) (3,327.07) $5,275,170.16 CAMP Managed Account Unsettled Trades 0.00 2,803.55 Cash Dividends and Income March 31, 2017 February 28, 2017 Asset Summary CAMP Pool 4,783.00 31,118.50 CAMP Managed Account 5,275,170.16 5,254,260.76 $5,279,953.16 $5,285,379.26 Total Asset Allocation 0.09% CAMP Pool 99.91% CAMP Managed Account Page 1 For the Month Ending March 31, 2017Managed 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 $31,118.50 176,877.35 (203,212.85) $4,783.00 5.59 $5,254,260.76 (89.85) (147,849.02) 172,175.34 0.00 (3,327.07) $5,275,170.16 $5,285,379.26 $5,279,953.16 4,144.80 (658.15) (683.10) $2,803.55 0.00 172,965.49 3,816.42 89.85 (202,802.29) 25,930.53 0.00 Managed Account Total 5,304,519.96 5,309,302.96 22,754.22 148,174.85 89.85 3,816.42 (172,833.49) (5,281,857.11) (18,970.96) 0.00 22,754.22 351,387.70 89.85 3,816.42 (349,710.84) (5,312,975.61) (18,970.96) 5.59 Total Accrual Basis Earnings $5,693.74 $5,699.33 Transaction Summary - Managed AccountTransaction Summary - Money Market _______________________________________________ _______________________________________________ _____________________________________________________ Cash Balance $0.00 Closing Cash Balance Page 2 For the Month Ending March 31, 2017Portfolio Summary and Statistics CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Account Summary Percent Par Value Market ValueDescription U.S. Treasury Bond / Note 1,780,000.00 1,785,249.41 33.82 Municipal Bond / Note 30,000.00 30,169.80 0.57 Federal Agency Collateralized Mortgage Obligation 94,376.93 94,383.20 1.79 Federal Agency Bond / Note 1,460,000.00 1,444,295.91 27.35 Corporate Note 1,315,000.00 1,319,993.34 25.00 Certificate of Deposit 600,000.00 601,078.50 11.38 Managed Account Sub-Total 5,279,376.93 5,275,170.16 99.91% Accrued Interest 22,754.22 Total Portfolio 5,279,376.93 5,297,924.38 CAMP Pool 4,783.00 4,783.00 0.09 Total Investments 5,284,159.93 5,302,707.38 100.00% Unsettled Trades 0.00 0.00 Sector Allocation 11.38% Cert of Deposit 25.00% Corporate Note 1.79% Fed Agency CMO 27.35% Fed Agy Bond / Note 0.09% Mny Mkt Fund 0.57% Muni Bond / Note 33.82% 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 4.82% 9.00% 17.46% 30.38% 17.40% 20.94% 0.00% Maturity Distribution Characteristics Yield to Maturity at Cost Yield to Maturity at Market Duration to Worst Weighted Average Days to Maturity 2.53 959 1.48% 1.64% Page 3 For the Month Ending March 31, 2017Managed Account Issuer Summary CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Credit Quality (S&P Ratings) 5.72% A 8.55% A+ 2.95% A- 1.89% A-1 1.90% A-1+ 63.99% AA+ 11.59% AA- 0.95% AAA 0.09% AAAm 2.37% BBB+ Issuer Summary Percentof HoldingsIssuer Market Value 30,045.42 0.57 AMERICAN EXPRESS CO 100,874.30 1.91 AMERICAN HONDA FINANCE 54,833.68 1.04 APPLE INC 100,690.80 1.91 BANK OF MONTREAL 125,042.65 2.37 BANK OF NEW YORK CO INC 24,614.80 0.47 BB&T CORPORTATION 26,696.65 0.51 BURLINGTON NORTHERN SANTA FE 4,783.00 0.09 CAMP Pool 80,256.88 1.52 CHEVRON CORP 101,043.30 1.91 CISCO SYSTEMS INC 75,192.23 1.42 CITIGROUP INC 50,180.65 0.95 DEERE & COMPANY 876,411.08 16.59 FANNIE MAE 607,534.17 11.51 FEDERAL HOME LOAN BANKS 54,733.86 1.04 FREDDIE MAC 49,907.65 0.95 GOLDMAN SACHS GROUP INC 100,058.30 1.90 HSBC HOLDINGS PLC 99,952.30 1.89 IBM CORP 101,304.20 1.92 JP MORGAN CHASE & CO 50,155.10 0.95 MICROSOFT CORP 100,553.40 1.90 NORDEA BANK AB 100,121.60 1.90 ROYAL BANK OF CANADA 99,928.50 1.89 SKANDINAVISKA ENSKIDA BANKEN AB 30,169.80 0.57 STATE OF CONNECTICUT 24,562.28 0.47 STATE STREET CORPORATION 99,725.90 1.89 SVENSKA HANDELSBANKEN 25,055.95 0.47 THE WALT DISNEY CORPORATION 1,785,249.41 33.80 UNITED STATES TREASURY 250,021.75 4.74 US BANCORP 50,253.55 0.95 WELLS FARGO & COMPANY $5,279,953.16 Total 100.00% Page 4 For the Month Ending March 31, 2017Managed 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 04/30/2014 1.625% 04/30/2019 75,518.55 75,868.33 511.74 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 150,650.40 151,399.07 754.12 151,640.63 11/14/1611/10/16AaaAA+ 150,000.00 912828WL0 1.06 US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 59,348.46 59,306.26 201.10 58,842.19 05/29/1505/28/15AaaAA+ 60,000.00 912828UB4 1.44 US TREASURY NOTES DTD 07/31/2013 2.000% 07/31/2020 101,257.80 101,365.06 331.49 101,886.72 12/04/1512/01/15AaaAA+ 100,000.00 912828VP2 1.58 US TREASURY NOTES DTD 09/03/2013 2.125% 08/31/2020 187,912.27 187,367.34 341.85 188,201.37 12/30/1512/28/15AaaAA+ 185,000.00 912828VV9 1.74 US TREASURY NOTES DTD 10/31/2013 1.750% 10/31/2020 100,218.80 101,410.05 734.81 101,851.56 02/03/1602/01/16AaaAA+ 100,000.00 912828WC0 1.35 US TREASURY NOTE DTD 12/02/2013 2.000% 11/30/2020 176,790.95 178,892.32 1,173.08 179,997.07 03/04/1603/02/16AaaAA+ 175,000.00 912828A42 1.38 US TREASURY N/B DTD 12/31/2015 1.750% 12/31/2020 125,092.75 126,843.80 549.90 127,241.21 05/31/1605/27/16AaaAA+ 125,000.00 912828N48 1.35 US TREASURY NOTES DTD 02/28/2014 2.000% 02/28/2021 75,656.25 78,099.37 130.43 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 53,865.63 55,591.22 1.88 55,700.39 06/29/1606/27/16AaaAA+ 55,000.00 912828Q37 0.98 US TREASURY NOTES DTD 05/02/2016 1.375% 04/30/2021 127,816.39 127,557.73 750.55 127,420.32 01/05/1701/03/17AaaAA+ 130,000.00 912828Q78 1.86 US TREASURY NOTES DTD 05/31/2016 1.375% 05/31/2021 98,218.80 97,426.94 460.85 97,402.34 03/17/1703/15/17AaaAA+ 100,000.00 912828R77 2.02 US TREASURY NOTES DTD 06/02/2014 2.000% 05/31/2021 201,515.60 206,333.96 1,340.66 207,187.50 09/02/1609/01/16AaaAA+ 200,000.00 912828WN6 1.22 US TREASURY NOTES DTD 09/02/2014 2.000% 08/31/2021 125,693.38 129,235.91 217.39 129,692.38 10/05/1610/03/16AaaAA+ 125,000.00 912828D72 1.21 Page 5 For the Month Ending March 31, 2017Managed 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 09/02/2014 2.000% 08/31/2021 125,693.38 125,348.30 217.39 125,371.09 12/05/1612/01/16AaaAA+ 125,000.00 912828D72 1.93 7,717.24 1,785,249.41 1,802,045.66 1.43 1,807,128.13 1,780,000.00 Security Type Sub-Total Municipal Bond / Note CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 30,169.80 30,042.25 26.32 30,084.30 03/25/1503/16/15Aa3AA- 30,000.00 20772JZK1 1.90 26.32 30,169.80 30,042.25 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 24,978.22 25,061.11 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 25,032.50 25,122.62 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 44,372.48 44,633.88 60.87 44,821.32 10/30/1510/07/15AaaAA+ 44,376.93 3136AQDQ0 1.08 132.70 94,383.20 94,817.61 1.05 95,321.23 94,376.93 Security Type Sub-Total Federal Agency Bond / Note FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 25,152.95 25,000.32 139.93 25,000.75 06/19/1406/16/14AaaAA+ 25,000.00 3135G0YT4 1.62 FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 105,642.39 105,410.23 587.71 105,997.50 10/23/1410/22/14AaaAA+ 105,000.00 3135G0YT4 1.39 FHLB NOTES DTD 12/08/2016 1.250% 01/16/2019 99,904.40 99,996.31 260.42 99,996.00 12/08/1612/07/16AaaAA+ 100,000.00 3130AAE46 1.25 FNMA BENCHMARK NOTE DTD 02/23/2016 1.000% 02/26/2019 24,836.60 24,962.46 24.31 24,941.00 02/23/1602/19/16AaaAA+ 25,000.00 3135G0J53 1.08 FNMA BENCHMARK NOTE DTD 02/23/2016 1.000% 02/26/2019 49,673.20 50,094.70 48.61 50,126.50 08/08/1608/05/16AaaAA+ 50,000.00 3135G0J53 0.90 Page 6 For the Month Ending March 31, 2017Managed 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 FREDDIE MAC NOTES DTD 03/21/2016 1.125% 04/15/2019 54,733.86 55,253.97 285.31 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 123,377.50 124,835.99 179.25 124,790.00 08/02/1607/29/16AaaAA+ 125,000.00 3135G0N33 0.93 FHLB GLOBAL NOTE DTD 08/04/2016 0.875% 08/05/2019 123,386.75 124,812.07 170.14 124,760.00 08/04/1608/03/16AaaAA+ 125,000.00 3130A8Y72 0.94 FNMA NOTES DTD 09/02/2016 1.000% 08/28/2019 123,672.13 124,842.09 107.64 124,805.00 09/02/1608/31/16AaaAA+ 125,000.00 3135G0P49 1.05 FHLB GLOBAL NOTES DTD 09/09/2016 1.000% 09/26/2019 123,635.50 124,910.91 17.36 124,891.25 09/09/1609/08/16AaaAA+ 125,000.00 3130A9EP2 1.03 FANNIE MAE GLOBAL NOTES DTD 10/25/2016 1.000% 10/24/2019 177,807.06 179,586.39 780.00 179,517.60 10/25/1610/21/16AaaAA+ 180,000.00 3135G0R39 1.09 FHLB NOTES DTD 11/17/2016 1.375% 11/15/2019 139,516.02 139,971.71 716.53 139,967.80 11/17/1611/16/16AaaAA+ 140,000.00 3130AA3R7 1.38 FNMA NOTES DTD 02/28/2017 1.500% 02/28/2020 49,879.65 49,968.91 64.58 49,968.00 02/28/1702/24/17AaaAA+ 50,000.00 3135G0T29 1.52 FHLB GLOBAL NOTE DTD 07/14/2016 1.125% 07/14/2021 121,091.50 124,345.24 300.78 124,239.88 07/15/1607/14/16AaaAA+ 125,000.00 3130A8QS5 1.25 FNMA NOTES DTD 08/19/2016 1.250% 08/17/2021 24,282.48 24,924.74 38.19 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 77,703.92 79,714.85 122.22 79,676.00 08/19/1608/17/16AaaAA+ 80,000.00 3135G0N82 1.33 3,842.98 1,444,295.91 1,458,630.89 1.16 1,458,922.86 1,460,000.00 Security Type Sub-Total Corporate Note US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 250,021.75 250,000.00 1,558.33 255,340.00 07/30/1207/25/12A1A+ 250,000.00 91159HHD5 1.19 Page 7 For the Month Ending March 31, 2017Managed 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 IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 99,952.30 99,919.73 184.03 99,542.00 02/08/1302/05/13Aa3AA- 100,000.00 459200HK0 1.35 BANK OF NEW YORK MELLON (CALLABLE) DTD 03/06/2013 1.350% 03/06/2018 74,911.65 74,995.84 70.31 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 54,833.68 54,954.88 226.11 54,797.05 05/03/1304/30/13Aa1AA+ 55,000.00 037833AJ9 1.08 CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 80,256.88 80,000.00 370.32 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 50,521.65 50,207.63 88.54 50,475.00 09/04/1408/29/14A1AA- 50,000.00 17275RAR3 1.90 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 50,521.65 50,261.43 88.54 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 49,907.65 49,977.74 433.33 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 24,978.58 24,990.43 162.29 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 100,874.30 99,908.10 287.50 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 26,696.65 26,971.61 587.50 27,597.50 06/08/1606/03/16A3A 25,000.00 12189TBC7 1.48 CITIGROUP INC DTD 01/10/2017 2.450% 01/10/2020 50,213.65 49,981.45 275.63 49,980.00 01/10/1701/04/17Baa1BBB+ 50,000.00 172967LF6 2.46 MICROSOFT CORP DTD 02/06/2017 1.850% 02/06/2020 50,155.10 49,968.17 141.32 49,966.50 02/06/1701/30/17AaaAAA 50,000.00 594918BV5 1.87 AMERICAN EXPRESS CREDIT CORP NOTES DTD 03/03/2017 2.200% 03/03/2020 30,045.42 29,969.59 51.33 29,968.80 03/03/1702/28/17A2A- 30,000.00 0258M0EE5 2.24 WALT DISNEY COMPANY CORP NOTES DTD 03/06/2017 1.950% 03/04/2020 25,055.95 24,993.65 33.85 24,993.50 03/06/1703/01/17A2A 25,000.00 25468PDP8 1.96 Page 8 For the Month Ending March 31, 2017Managed 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 JP MORGAN CHASE & CO CORP NT (CALLABLE) DTD 06/23/2015 2.750% 06/23/2020 101,304.20 100,339.70 748.61 100,497.00 09/04/1509/01/15A3A- 100,000.00 46625HLW8 2.64 WELLS FARGO & COMPANY NOTES DTD 12/07/2015 2.550% 12/07/2020 50,253.55 50,900.24 403.75 51,108.00 05/10/1605/06/16A2A 50,000.00 94974BGR5 2.04 BANK OF NEW YORK MELLON CORP DTD 02/19/2016 2.500% 04/15/2021 50,131.00 50,954.46 576.39 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 24,614.80 24,986.31 200.73 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 24,562.28 24,921.03 178.75 24,905.50 05/24/1605/19/16A1A 25,000.00 857477AV5 2.03 JOHN DEERE CAPITAL CORP CORP NOTES DTD 01/06/2017 2.650% 01/06/2022 50,180.65 49,781.56 312.85 49,779.50 03/15/1703/10/17A2A 50,000.00 24422ETL3 2.75 6,980.01 1,319,993.34 1,318,983.55 1.81 1,325,300.60 1,315,000.00 Security Type Sub-Total Certificate of Deposit SKANDINAVISKA ENSKILDA BANKEN NY CD DTD 11/17/2015 1.480% 11/16/2017 99,928.50 100,000.00 559.11 100,000.00 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 100,058.30 100,000.00 2,138.89 100,000.00 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 100,121.60 100,000.00 103.89 100,000.00 03/15/1603/11/16Aa3AA- 100,000.00 78009NZZ2 1.69 NORDEA BANK FINLAND NY CD DTD 12/05/2016 1.760% 11/30/2018 100,553.40 100,000.00 572.00 100,000.00 12/05/1612/01/16Aa3AA- 100,000.00 65558LWA6 1.74 SVENSKA HANDELSBANKEN NY LT CD DTD 01/12/2017 1.890% 01/10/2019 99,725.90 100,000.00 414.75 100,000.00 01/12/1701/10/17Aa2AA- 100,000.00 86958JHB8 1.91 BANK OF MONTREAL CHICAGO CERT DEPOS DTD 02/09/2017 1.880% 02/07/2019 100,690.80 100,000.00 266.33 100,000.00 02/09/1702/08/17Aa3A+ 100,000.00 06427KRC3 1.90 Page 9 For the Month Ending March 31, 2017Managed 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 4,054.97 601,078.50 600,000.00 1.71 600,000.00 600,000.00 Security Type Sub-Total 5,279,376.93 5,316,757.12 1.48 22,754.22 5,304,519.96 5,275,170.16 Managed Account Sub-Total Money Market Fund CAMP Pool 4,783.00 4,783.00 0.00 4,783.00 NRAAAm 4,783.00 4,783.00 4,783.00 0.00 4,783.00 4,783.00 Money Market Sub-Total $5,284,159.93 $5,321,540.12 $22,754.22 $5,309,302.96 $5,279,953.16 1.48% $5,302,707.38 $22,754.22 Total Investments Accrued Interest Securities Sub-Total Page 10 For the Month Ending March 31, 2017Managed 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 2.03 (349.78)(506.84) 75,518.55 100.69 CITIGRP 75,000.00 912828D23US TREASURY NOTES DTD 04/30/2014 1.625% 04/30/2019 1.29 2.03 2.12 (748.67)(990.23) 150,650.40 100.43 MORGANST 150,000.00 912828WL0US TREASURY NOTES DTD 06/02/2014 1.500% 05/31/2019 1.30 2.12 2.61 42.20 506.27 59,348.46 98.91 CITIGRP 60,000.00 912828UB4US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 1.42 2.61 3.21 (107.26)(628.92) 101,257.80 101.26 MERRILL 100,000.00 912828VP2US TREASURY NOTES DTD 07/31/2013 2.000% 07/31/2020 1.61 3.21 3.28 544.93 (289.10) 187,912.27 101.57 MORGANST 185,000.00 912828VV9US TREASURY NOTES DTD 09/03/2013 2.125% 08/31/2020 1.65 3.28 3.43 (1,191.25)(1,632.76) 100,218.80 100.22 MERRILL 100,000.00 912828WC0US TREASURY NOTES DTD 10/31/2013 1.750% 10/31/2020 1.69 3.43 3.50 (2,101.37)(3,206.12) 176,790.95 101.02 MERRILL 175,000.00 912828A42US TREASURY NOTE DTD 12/02/2013 2.000% 11/30/2020 1.71 3.50 3.60 (1,751.05)(2,148.46) 125,092.75 100.07 MORGANST 125,000.00 912828N48US TREASURY N/B DTD 12/31/2015 1.750% 12/31/2020 1.73 3.60 3.75 (2,443.12)(3,011.72) 75,656.25 100.88 MORGANST 75,000.00 912828B90US TREASURY NOTES DTD 02/28/2014 2.000% 02/28/2021 1.77 3.75 3.88 (1,725.59)(1,834.76) 53,865.63 97.94 CITIGRP 55,000.00 912828Q37US TREASURY NOTES DTD 03/31/2016 1.250% 03/31/2021 1.79 3.88 3.93 258.66 396.07 127,816.39 98.32 MORGAN_S 130,000.00 912828Q78US TREASURY NOTES DTD 05/02/2016 1.375% 04/30/2021 1.80 3.93 4.01 791.86 816.46 98,218.80 98.22 MORGAN_S 100,000.00 912828R77US TREASURY NOTES DTD 05/31/2016 1.375% 05/31/2021 1.82 4.01 3.96 (4,818.36)(5,671.90) 201,515.60 100.76 HSBC 200,000.00 912828WN6US TREASURY NOTES DTD 06/02/2014 2.000% 05/31/2021 1.81 3.96 4.20 (3,542.53)(3,999.00) 125,693.38 100.55 HSBC 125,000.00 912828D72US TREASURY NOTES DTD 09/02/2014 2.000% 08/31/2021 1.87 4.20 4.20 345.08 322.29 125,693.38 100.55 HSBC 125,000.00 912828D72US TREASURY NOTES DTD 09/02/2014 2.000% 08/31/2021 1.87 4.20 (21,878.72) 1.69 3.49 (16,796.25) 1,785,249.41 1,780,000.00 Security Type Sub-Total 3.49 Municipal Bond / Note Page 11 For the Month Ending March 31, 2017Managed 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 1.91 127.55 85.50 30,169.80 100.57 VINING 30,000.00 20772JZK1CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 1.68 1.91 85.50 1.68 1.91 127.55 30,169.80 30,000.00 Security Type Sub-Total 1.91 Federal Agency Collateralized Mortgage Obligation 0.85 (82.89)(271.69) 24,978.22 99.91 GOLDMAN 25,000.00 3136ANJY4FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 1.53 0.84 1.55 (90.12)(217.50) 25,032.50 100.13 GOLDMAN 25,000.00 3136AQSW1FNMA SERIES 2015-M15 ASQ2 DTD 11/01/2015 1.898% 01/01/2019 1.73 1.04 2.21 (261.40)(448.84) 44,372.48 99.99 MORGANST 44,376.93 3136AQDQ0FANNIE MAE SERIES 2015-M13 ASQ2 DTD 10/01/2015 1.646% 09/01/2019 1.60 1.41 (938.03) 1.62 1.68 (434.41) 94,383.20 94,376.93 Security Type Sub-Total 1.16 Federal Agency Bond / Note 1.62 152.63 152.20 25,152.95 100.61 HSBC 25,000.00 3135G0YT4FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 1.25 1.62 1.62 232.16 (355.11) 105,642.39 100.61 GOLDMAN 105,000.00 3135G0YT4FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 1.25 1.62 1.76 (91.91)(91.60) 99,904.40 99.90 BAML 100,000.00 3130AAE46FHLB NOTES DTD 12/08/2016 1.250% 01/16/2019 1.30 1.76 1.88 (125.86)(104.40) 24,836.60 99.35 JPMCHASE 25,000.00 3135G0J53FNMA BENCHMARK NOTE DTD 02/23/2016 1.000% 02/26/2019 1.35 1.88 1.88 (421.50)(453.30) 49,673.20 99.35 BMO 50,000.00 3135G0J53FNMA BENCHMARK NOTE DTD 02/23/2016 1.000% 02/26/2019 1.35 1.88 2.00 (520.11)(597.24) 54,733.86 99.52 TD SEC U 55,000.00 3137EADZ9FREDDIE MAC NOTES DTD 03/21/2016 1.125% 04/15/2019 1.37 2.00 2.30 (1,458.49)(1,412.50) 123,377.50 98.70 GOLDMAN 125,000.00 3135G0N33FNMA BENCHMARK NOTE DTD 08/02/2016 0.875% 08/02/2019 1.44 2.30 2.31 (1,425.32)(1,373.25) 123,386.75 98.71 WELLSFAR 125,000.00 3130A8Y72FHLB GLOBAL NOTE DTD 08/04/2016 0.875% 08/05/2019 1.44 2.31 2.37 (1,169.96)(1,132.87) 123,672.13 98.94 GOLDMAN 125,000.00 3135G0P49FNMA NOTES DTD 09/02/2016 1.000% 08/28/2019 1.45 2.37 Page 12 For the Month Ending March 31, 2017Managed 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 2.44 (1,275.41)(1,255.75) 123,635.50 98.91 BARCLAYS 125,000.00 3130A9EP2FHLB GLOBAL NOTES DTD 09/09/2016 1.000% 09/26/2019 1.45 2.44 2.51 (1,779.33)(1,710.54) 177,807.06 98.78 BARCLAYS 180,000.00 3135G0R39FANNIE MAE GLOBAL NOTES DTD 10/25/2016 1.000% 10/24/2019 1.49 2.51 2.55 (455.69)(451.78) 139,516.02 99.65 MERRILL 140,000.00 3130AA3R7FHLB NOTES DTD 11/17/2016 1.375% 11/15/2019 1.51 2.55 2.84 (89.26)(88.35) 49,879.65 99.76 JPM_CHAS 50,000.00 3135G0T29FNMA NOTES DTD 02/28/2017 1.500% 02/28/2020 1.58 2.84 4.15 (3,253.74)(3,148.38) 121,091.50 96.87 TD SEC U 125,000.00 3130A8QS5FHLB GLOBAL NOTE DTD 07/14/2016 1.125% 07/14/2021 1.89 4.15 4.22 (642.26)(632.00) 24,282.48 97.13 TD SEC U 25,000.00 3135G0N82FNMA NOTES DTD 08/19/2016 1.250% 08/17/2021 1.94 4.22 4.22 (2,010.93)(1,972.08) 77,703.92 97.13 CITIGRP 80,000.00 3135G0N82FNMA NOTES DTD 08/19/2016 1.250% 08/17/2021 1.94 4.22 (14,626.95) 1.50 2.55 (14,334.98) 1,444,295.91 1,460,000.00 Security Type Sub-Total 2.55 Corporate Note 0.04 21.75 (5,318.25) 250,021.75 100.01 04/15/17BARCLAYS 250,000.00 91159HHD5US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 1.53 0.10 0.84 32.57 410.30 99,952.30 99.95 HSBC 100,000.00 459200HK0IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 1.31 0.84 0.92 (84.19)(66.60) 74,911.65 99.88 GOLDMAN 75,000.00 06406HCJ6BANK OF NEW YORK MELLON (CALLABLE) DTD 03/06/2013 1.350% 03/06/2018 1.48 0.88 1.07 (121.20) 36.63 54,833.68 99.70 GOLDMAN 55,000.00 037833AJ9APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 1.28 1.07 1.21 256.88 256.88 80,256.88 100.32 BARCLAYS 80,000.00 166764AE0CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 1.45 1.21 1.87 314.02 46.65 50,521.65 101.04 BONY 50,000.00 17275RAR3CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 1.57 1.87 1.87 260.22 52.15 50,521.65 101.04 BNP PARI 50,000.00 17275RAR3CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 1.57 1.87 Page 13 For the Month Ending March 31, 2017Managed 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 2.00 (70.09)(60.35) 49,907.65 99.82 03/25/19MIZUHO 50,000.00 38141GVT8GOLDMAN SACHS GRP INC CORP NT (CALLABLE) DTD 04/25/2016 2.000% 04/25/2019 2.09 1.98 2.11 (11.85)(8.42) 24,978.58 99.91 CITIGRP 25,000.00 172967KS9CITIGROUP INC CORP NOTES DTD 06/09/2016 2.050% 06/07/2019 2.09 2.11 2.30 966.20 1,059.30 100,874.30 100.87 MERRILL 100,000.00 02665WAH4AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 1.87 2.30 2.32 (274.96)(900.85) 26,696.65 106.79 GOLDMAN 25,000.00 12189TBC7BURLINGTON NRTH CORP DTD 09/24/2009 4.700% 10/01/2019 1.91 2.32 2.66 232.20 233.65 50,213.65 100.43 CITIGRP 50,000.00 172967LF6CITIGROUP INC DTD 01/10/2017 2.450% 01/10/2020 2.29 2.66 2.76 186.93 188.60 50,155.10 100.31 HSBC 50,000.00 594918BV5MICROSOFT CORP DTD 02/06/2017 1.850% 02/06/2020 1.74 2.76 2.81 75.83 76.62 30,045.42 100.15 MERRILL 30,000.00 0258M0EE5AMERICAN EXPRESS CREDIT CORP NOTES DTD 03/03/2017 2.200% 03/03/2020 2.15 2.81 2.83 62.30 62.45 25,055.95 100.22 CITIGRP 25,000.00 25468PDP8WALT DISNEY COMPANY CORP NOTES DTD 03/06/2017 1.950% 03/04/2020 1.87 2.83 2.98 964.50 807.20 101,304.20 101.30 05/23/20JPMCHASE 100,000.00 46625HLW8JP MORGAN CHASE & CO CORP NT (CALLABLE) DTD 06/23/2015 2.750% 06/23/2020 2.33 3.04 3.47 (646.69)(854.45) 50,253.55 100.51 UBS AG 50,000.00 94974BGR5WELLS FARGO & COMPANY NOTES DTD 12/07/2015 2.550% 12/07/2020 2.40 3.47 3.78 (823.46)(1,018.00) 50,131.00 100.26 KEYBAN 50,000.00 06406FAA1BANK OF NEW YORK MELLON CORP DTD 02/19/2016 2.500% 04/15/2021 2.43 3.78 3.88 (371.51)(368.70) 24,614.80 98.46 SCOTIA 25,000.00 05531FAV5BRANCH BANKING & TRUST CORP NOTE DTD 05/10/2016 2.050% 05/10/2021 2.45 3.88 3.91 (358.75)(343.22) 24,562.28 98.25 GOLDMAN 25,000.00 857477AV5STATE STREET CORP NOTES DTD 05/19/2016 1.950% 05/19/2021 2.40 3.91 4.42 399.09 401.15 50,180.65 100.36 MITSU 50,000.00 24422ETL3JOHN DEERE CAPITAL CORP CORP NOTES DTD 01/06/2017 2.650% 01/06/2022 2.57 4.42 (5,307.26) 1.82 1.86 1,009.79 1,319,993.34 1,315,000.00 Security Type Sub-Total 1.88 Page 14 For the Month Ending March 31, 2017Managed 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 Certificate of Deposit 0.62 (71.50)(71.50) 99,928.50 99.93 GOLDMAN 100,000.00 83050FBG5SKANDINAVISKA ENSKILDA BANKEN NY CD DTD 11/17/2015 1.480% 11/16/2017 1.56 0.62 0.63 58.30 58.30 100,058.30 100.06 HSBC 100,000.00 40428AR58HSBC BANK USA NA CD DTD 11/18/2015 1.540% 11/17/2017 1.43 0.63 0.93 121.60 121.60 100,121.60 100.12 RBC CAP 100,000.00 78009NZZ2ROYAL BANK OF CANADA NY CD DTD 03/15/2016 1.700% 03/09/2018 1.54 0.93 1.66 553.40 553.40 100,553.40 100.55 MERRILL 100,000.00 65558LWA6NORDEA BANK FINLAND NY CD DTD 12/05/2016 1.760% 11/30/2018 1.07 1.66 1.76 (274.10)(274.10) 99,725.90 99.73 MERRILL 100,000.00 86958JHB8SVENSKA HANDELSBANKEN NY LT CD DTD 01/12/2017 1.890% 01/10/2019 1.80 1.76 1.85 690.80 690.80 100,690.80 100.69 GOLDMAN 100,000.00 06427KRC3BANK OF MONTREAL CHICAGO CERT DEPOS DTD 02/09/2017 1.880% 02/07/2019 1.35 1.85 1,078.50 1.46 1.24 1,078.50 601,078.50 600,000.00 Security Type Sub-Total 1.24 5,279,376.93 5,275,170.16 (41,586.96) (29,349.80) 2.53 1.64 Managed Account Sub-Total 2.52 Money Market Fund 0.00 0.00 0.00 4,783.00 1.00 4,783.00 CAMP Pool 0.00 4,783.00 4,783.00 0.00 0.00 0.00 Money Market Sub-Total 0.00 Total Investments $5,302,707.38 $22,754.22 $5,279,953.16 Accrued Interest Securities Sub-Total $5,284,159.93 ($41,586.96) ($29,349.80) 2.53 1.64% 2.52 Page 15 For the Month Ending March 31, 2017Managed 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 03/03/17 AMERICAN EXPRESS CREDIT CORP NOTES DTD 03/03/2017 2.200% 03/03/2020 0258M0EE5 (29,968.80) 0.00 (29,968.80) 30,000.00 02/28/17 03/06/17 WALT DISNEY COMPANY CORP NOTES DTD 03/06/2017 1.950% 03/04/2020 25468PDP8 (24,993.50) 0.00 (24,993.50) 25,000.00 03/01/17 03/15/17 JOHN DEERE CAPITAL CORP CORP NOTES DTD 01/06/2017 2.650% 01/06/2022 24422ETL3 (49,779.50)(253.96)(50,033.46) 50,000.00 03/10/17 03/17/17 US TREASURY NOTES DTD 05/31/2016 1.375% 05/31/2021 912828R77 (97,402.34)(404.19)(97,806.53) 100,000.00 03/15/17 (658.15) (202,802.29)(202,144.14) 205,000.00 Transaction Type Sub-Total INTEREST 03/01/17 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 17275RAR3 0.00 531.25 531.25 50,000.00 03/01/17 03/01/17 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 17275RAR3 0.00 531.25 531.25 50,000.00 03/01/17 03/25/17 FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 3136ANJY4 0.00 32.29 32.29 25,000.00 03/01/17 03/25/17 FNMA SERIES 2015-M15 ASQ2 DTD 11/01/2015 1.898% 01/01/2019 3136AQSW1 0.00 39.54 39.54 25,000.00 03/01/17 03/25/17 FANNIE MAE SERIES 2015-M13 ASQ2 DTD 10/01/2015 1.646% 09/01/2019 3136AQDQ0 0.00 60.99 60.99 44,466.78 03/01/17 03/06/17 BANK OF NEW YORK MELLON (CALLABLE) DTD 03/06/2013 1.350% 03/06/2018 06406HCJ6 0.00 506.25 506.25 75,000.00 03/06/17 03/09/17 ROYAL BANK OF CANADA NY CD DTD 03/15/2016 1.700% 03/09/2018 78009NZZ2 0.00 850.00 850.00 100,000.00 03/09/17 03/15/17 CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 20772JZK1 0.00 296.10 296.10 30,000.00 03/15/17 03/26/17 FHLB GLOBAL NOTES DTD 09/09/2016 1.000% 09/26/2019 3130A9EP2 0.00 625.00 625.00 125,000.00 03/26/17 03/31/17 US TREASURY NOTES DTD 03/31/2016 1.250% 03/31/2021 912828Q37 0.00 343.75 343.75 55,000.00 03/31/17 Page 16 For the Month Ending March 31, 2017Managed 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 3,816.42 3,816.42 0.00 579,466.78 Transaction Type Sub-Total PAYDOWNS 03/25/17 FANNIE MAE SERIES 2015-M13 ASQ2 DTD 10/01/2015 1.646% 09/01/2019 3136AQDQ0 89.85 0.00 89.85 (0.90) 0.00 89.85 03/01/17 0.00 0.00 (0.90) 89.85 89.85 89.85 Transaction Type Sub-Total SELL 03/03/17 US TREASURY NOTES DTD 02/28/2013 1.250% 02/29/2020 912828UQ1 24,788.09 2.55 24,790.64 100.59 7.23 FIFO 25,000.00 02/28/17 03/15/17 US TREASURY NOTES DTD 05/02/2016 1.375% 04/30/2021 912828Q78 48,791.02 256.39 49,047.41 (216.79)(259.20)FIFO 50,000.00 03/10/17 03/17/17 FHLB NOTES DTD 07/08/2016 0.625% 08/07/2018 3130A8PK3 99,058.00 69.44 99,127.44 (566.00)(678.47)FIFO 100,000.00 03/15/17 328.38 (930.44)(682.20) 172,965.49 172,637.11 175,000.00 Transaction Type Sub-Total (29,417.18) 3,486.65 (25,930.53) (683.10) (930.44)Managed Account Sub-Total Total Security Transactions ($683.10)($25,930.53)$3,486.65 ($29,417.18)($930.44) Page 17 For the Month Ending March 31, 2017Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Total Settlement Dollar AmountShare or Trade Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool 31,118.50 Opening Balance 03/01/17 03/01/17 Purchase - Interest 17275RAR3 1.00 531.25 31,649.75 03/01/17 03/01/17 Purchase - Interest 17275RAR3 1.00 531.25 32,181.00 03/03/17 03/03/17 Purchase - Interest 912828UQ1 1.00 2.55 32,183.55 03/03/17 03/03/17 Purchase - Principal 912828UQ1 1.00 24,788.09 56,971.64 03/03/17 03/03/17 Redemption - Principal 0258M0EE5 1.00 (29,968.80) 27,002.84 03/06/17 03/06/17 Purchase - Interest 06406HCJ6 1.00 506.25 27,509.09 03/06/17 03/06/17 Redemption - Principal 25468PDP8 1.00 (24,993.50) 2,515.59 03/09/17 03/09/17 Purchase - Interest 78009NZZ2 1.00 850.00 3,365.59 03/15/17 03/15/17 Purchase - Interest 20772JZK1 1.00 296.10 3,661.69 03/15/17 03/15/17 Purchase - Principal 912828Q78 1.00 48,791.02 52,452.71 03/15/17 03/15/17 Purchase - Interest 912828Q78 1.00 256.39 52,709.10 03/15/17 03/15/17 Redemption - Principal 24422ETL3 1.00 (49,779.50) 2,929.60 03/15/17 03/15/17 Redemption - Interest 24422ETL3 1.00 (253.96) 2,675.64 03/17/17 03/17/17 Purchase - Interest 3130A8PK3 1.00 69.44 2,745.08 03/17/17 03/17/17 Purchase - Principal 3130A8PK3 1.00 99,058.00 101,803.08 03/17/17 03/17/17 Redemption - Interest 912828R77 1.00 (404.19) 101,398.89 03/17/17 03/17/17 Redemption - Principal 912828R77 1.00 (97,402.34) 3,996.55 03/23/17 03/23/17 IP Fees February 2017 1.00 (375.43) 3,621.12 03/23/17 03/23/17 U.S. Bank Fees January 2017 1.00 (35.13) 3,585.99 03/27/17 03/27/17 Purchase - Interest 3130A9EP2 1.00 625.00 4,210.99 03/27/17 03/27/17 Purchase - Interest 3136ANJY4 1.00 32.29 4,243.28 Page 18 For the Month Ending March 31, 2017Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Total Settlement Dollar AmountShare or Trade Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool 03/27/17 03/27/17 Purchase - Interest 3136AQDQ0 1.00 60.99 4,304.27 03/27/17 03/27/17 Purchase - Interest 3136AQSW1 1.00 39.54 4,343.81 03/27/17 03/27/17 Purchase - Principal 3136AQDQ0 1.00 89.85 4,433.66 03/31/17 03/31/17 Purchase - Interest 912828Q37 1.00 343.75 4,777.41 03/31/17 04/03/17 Accrual Income Div Reinvestment - Distributions 1.00 5.59 4,783.00 4,783.00 4,783.00 4,783.00 7,719.45 35.14 0.00 (731,025.47) 716,214.36 19,594.11 5.59 4,783.00 0.00 (203,212.85) 176,877.35 31,118.50 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 March January-March 0.89% Page 19