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Item No. 02 Investment Report June 2020
City Council Agenda Report City of Lake Elsinore 130 South Main Street Lake Elsinore, CA 92530 www.lake-elsinore.org File Number: ID# 19-677 Agenda Date: 7/28/2020 Status: Approval FinalVersion: 1 File Type: Council Consent Calendar In Control: City Council / Successor Agency Agenda Number: 2) CC Investment Report for June 2020 Receive and file. Page 1 City of Lake Elsinore Printed on 7/23/2020 REPORT TO CITY COUNCIL To: Honorable Mayor and Members of the City Council From: Grant Yates, City Manager Prepared by: Nancy Lassey, Finance Administrator Approved by: Jason Simpson, Assistant City Manager Date: July 28, 2020 Subject: Investment Report for June 2020 Recommendation Receive and file the Investment Report for June 2020. 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 June 2020 CITY OF LAKE ELSINORE INVESTMENT REPORT BANK DEPOSITS OUTSTANDING BOOK CASH ACCOUNTS BALANCE IN TRANSIT CHECKS BALANCE Bank Accounts: General Checking Account 5,863,471$ 57,790$ (449,417)$ 5,471,844$ Cash On Hand: Cashier Drawers #1 & #2 - - - 300 City of Lake Elsinore Petty Cash Fund - - - 1,000 Total Cash Accounts 5,863,471 57,790 (449,417) 5,473,144 INVESTMENTS Local Agency Investment Fund 27,295,093 - - 27,295,093 CAMP Investments: CAMP Pool Account 92,084 - - 92,084 U.S. Treasury Bond / Note 14,360,531 - - 14,360,531 Supra-National Agency Bond / Note 723,920 - - 723,920 Municipal Bond / Note 238,823 - - 238,823 Federal Agency Collateralized Mortgage Obligation 854,036 - - 854,036 Federal Agency Bond / Note 697,543 - - 697,543 Corporate Notes 7,447,833 - - 7,447,833 Negotiable Certificate of Deposit 3,285,000 - - 3,285,000 Asset-Backed Security / Collaterized Mortgage 3,305,385 - - 3,305,385 Sub-total Investments 58,300,248 - - 58,300,248 Market Value Adjustment: Unrealized Gain/(Loss) at 03/31/2020 1,042,285 - - 1,042,285 Total Investments 59,342,533 - - 59,342,533 Total Pooled Cash and Investments 65,206,003$ 57,790$ (449,417)$ 64,815,677$ TOTAL POOLED CASH AND INVESTMENTS 64,815,677$ 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 23, 2020. 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 July 14, 2020 Assistant City Manager 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 JUNE 30, 2020 FUND NO FUND NAME AMOUNT 100 General 9,352,802$ 106 Affordable Housing In Lieu 1,298,417 107 Developer Agreement Revenue 29,893 109 Road Maintenance and Rehabilitation (SB1)1,049,128 110 State Gas Tax 443,434 112 Measure A 1,759,929 114 SB1186 CASP Education Program 25,772 115 Traffic Safety 16,641 118 Lake Side Facility DIF 79,390 119 Animal Shelter DIF 36,255 135 Lighting & Landscape Maintenance - Dist. No. 1 1,265,296 140 Geothermal 11,742 150 C.D.B.G.29,289 155 CSA152 -- N.P.D.E.S.9,168 160 PEG Grant 33,684 202 La Strada RBBD 23,901 203 E.L.S.P. - S.T.I.F.2,760,001 205 Traffic Impact Fee 1,222,200 211 Storm Drain C.I.P. 709,740 220 Street Lighting C.I.P.219 221 Quimby Park C.I.P.513,129 231 Library C.I.P. 1,258,996 232 City Fire Protection 207,595 300 Insurance Service 1,479,748 305 Information Systems Service 349,883 320 Facilities Service 539,619 331 CFD 2006-1CC Summerly Improvement Area CC 78,764 332 CFD 2006-1 Improvement Area B, Summerly 118,419 334 CFD 2015-5 Trieste - Far West Industries 81,180 336 CFD 2006-1FF Summerly Improvement Area FF 98,585 337 CFD 2016-2 Canyon Hills 507,092 338 CFD 2006-1 IA-JJ Summerly Improvement Area 147,393 340 CFD 2006-1 IA-EE Summerly Improvement Area 137,436 345 CFD 2003-2 Improvement Area D, Canyon Hills 648,283 346 CFD 2014-1 Southshore 68,257 347 CFD 2006-1 Improvement Area A, Summerly 89,267 350 CFD 98-1 Summerhill 739,642 351 CFD 2006-1 IA-II Summerly Improvement 937 354 CFD 90-2 Tuscany Hills 978,015 357 CFD 2003-2 Canyon Hills Improvement Area 572,449 366 CFD 2005-6 City Center Townhomes 83,387 368 CFD 2006-2 Viscaya 200,423 369 CFD 2004-3 Area 1 Rosetta Canyon Improvement Area 826,957 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 JUNE 30, 2020 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 JUNE 30, 2020 370 CFD 2006-1 IA-HH Summerly Improvement 113,706 371 CFD 2005-1 Serenity 324,537 372 CFD 2005-2 Alberhill Ranch Improvement Area 830,495 376 CFD 2006-3 La Strada 36,198 377 CFD 2006-6 Tessara 28,930 378 CFD 2006-8 Running Deer Estates 9,896 384 CFD 2003-2 Area B Canyon Hills Improvement Area 1,353,241 385 CFD 2004-3 Area 2 Rosetta Canyon Improvement Area 862,732 386 CFD 2007-4 Mekenna Court 54,624 387 CFD 2007-5 Red Kite 55,921 388 CFD 2007-6 Holiday Inn Express 7,167 389 CFD 88-3 (2008A) West Lake Elsinore Series A 1,194,366 390 CFD 2003-2 Area C Canyon Hills Improvement Area 370,870 392 CFD 95-1 City Center 104,281 393 AD 93-1 Cottonwood Hills 728,172 394 CFD 2005-5 (2012A) Wasson Canyon 204,283 395 CFD 2018-1 Wasson Canyon II Improvement Area 4,383 396 CFD 2018-2 Nichols Ranch Improvement Area 3,073 500 Capital Improvement Plan 9,396,828 510 Successor To RDA Area I, II, & III 10,451,530 540 Successor To RDA Diamond Stadium 829,664 603 Endowment Trust - Carl Graves 56,844 604 Endowment Trust - Korn Memorial 33,742 605 Public Improvement Trust 602,658 606 Mobile Source Air Polution Reduction 389,096 608 Trust Deposit & Pre Paid Expense 620,513 617 Successor Agency Housing 4,847,212 620 Cost Recovery System 1,031,349 631 Lake Destratification Equipment Replacement 387,011 Total Pooled Cash & Investments 64,815,677$ DIVERSIFICATION MAXIMUM TYPES OF SECURITIES PERCENTAGE PERCENTAGE U.S. Treasury Bills 0.00%Unlimited U.S. Treasury Bond / Note 24.63%Unlimited Current Balance 14,360,531$ Supra-National Agency Bond / Note 1.24%30% Current Balance 723,920$ Municipal Bond / Note 0.41%Unlimited Current Balance 238,823$ Federal Agency Collaterized Mortgage Obligation 1.46%40.00% Current Balance 854,036$ Federal Agency Bond / Note 1.20%*Unlimited Current Balance 697,543$ Negotiable Certificates of Deposit 5.63%30.00% Current Balance 3,285,000$ Corporate Note 12.77%30.00% Current Balance 7,447,833$ Asset-Backed Security / Collaterized Mortgage 6%20% Current Balance 3,305,385$ Repurchase Agreements 0.00%Unlimited Reverse Repurchase Agreements 0.00%10.00% LAIF (Local Agency Investment Fund)46.82%*$75 Million Current Balance 27,295,093$ CAMP - Pooled Sweep Account 0.16%Unlimited Current Balance 92,084$ TOTAL 100.00%58,300,248$ Note: *No more than 40% in any one federal agency. See CAMP Portfolio Statement for listing of agencies. *Investment in LAIF may not exceed $75 million in each agency. FOR THE MONTH ENDING JUNE 30, 2020 SUMMARY OF POLICY LIMITATIONS C I T Y O F L A K E E L S I N O R E Local Agency Investment Fund Yield Purchase Date Maturity Rate 1.217%Daily 24-Hour Investment Beginning Balance Net Increase/(Decrease)Ending Balance Total Investments Held with Local Agency Investment Fund:10,295,093$ 17,000,000$ 27,295,093$ Note: Per California State Treasurer, LAIF Statute 16429.1: Separate accounts for each governmental unit shall be maintained. LAIF accounts are subject to a $75 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 JUNE 30, 2020 Jun 1.217 May 1.363 Apr 1.648 PMIA Quarter to Date(1):1.89% 208PMIA Average Life(1): 2.03LAIF Apportionment Rate(2): 0.00005535460693046 1.007481015 LAIF Earnings Ratio(2): LAIF Fair Value Factor(1): PMIA Daily(1):1.73% Treasuries 52.38% Agencies 20.78% Certificates of Deposit/Bank Notes 13.17% Time Deposits 5.44% Commercial Paper 7.64% Loans 0.57% Notes: The apportionment rate includes interest earned on the CalPERS Supplemental Pension Payment pursuant to Government Code 20825 (c)(1) and interest earned on the Wildfire Fund loan pursuant to Public Utility Code 3288 (a). Source: (1) State of California, Office of the Treasurer (2) State of Calfiornia, Office of the Controller PMIA Average Monthly Effective Yields(1) PMIA/LAIF Performance Report as of 07/09/20 Daily rates are now available here. View PMIA Daily Rates Quarterly Performance Quarter Ended 03/31/20 Percentages may not total 100% due to rounding Pooled Money Investment Account Monthly Portfolio Composition (1) 06/30/20 $101.0 billion CAMP Investment Portfolio For the Month Ending June 30, 2020Account Statement - Transaction Summary CITY OF LAKE ELSINORE - LAKE ELSINORE Opening Market Value Purchases Redemptions Change in Value Closing Market Value 129,163.03 579,204.08 (616,283.47) 0.00 $92,083.64 CAMP Pool Unsettled Trades 0.00 37.52 Cash Dividends and Income Opening Market Value Purchases Redemptions Change in Value Closing Market Value 31,952,815.12 553,590.00 (442,073.72) 22,694.74 $32,087,026.14 CAMP Managed Account Unsettled Trades 0.00 81,103.28 Cash Dividends and Income June 30, 2020 May 31, 2020 Asset Summary CAMP Pool 92,083.64 129,163.03 CAMP Managed Account 32,087,026.14 31,952,815.12 $32,179,109.78 $32,081,978.15 Total Asset Allocation 0.29% CAMP Pool 99.71% CAMP Managed Account Page 1 For the Month Ending June 30, 2020Managed Account Summary Statement CITY OF LAKE ELSINORE - LAKE ELSINORE 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 $129,163.03 579,204.08 (616,283.47) $92,083.64 37.52 $31,952,815.12 (442,073.72) 0.00 553,590.00 0.00 22,694.74 $32,087,026.14 $32,081,978.15 $32,179,109.78 81,030.34 (21.11) 94.05 $81,103.28 411,095.75 0.00 74,934.59 37,073.72 (613,611.11) 90,507.05 0.00 Managed Account Total 30,930,971.65 31,023,055.29 110,212.04 0.00 448,169.47 74,934.59 (553,611.11) (30,819,502.28) (135,788.34) 0.00 110,212.04 616,283.47 448,169.47 74,934.59 (1,132,815.19) (30,948,665.31) (135,788.34) 37.52 Total Accrual Basis Earnings $55,386.02 $55,423.54 Transaction Summary - Managed AccountTransaction Summary - Money Market _______________________________________________ _______________________________________________ _____________________________________________________ Cash Balance $0.00 Closing Cash Balance Page 2 For the Month Ending June 30, 2020Portfolio Summary and Statistics CITY OF LAKE ELSINORE - LAKE ELSINORE Account Summary Percent Par Value Market ValueDescription U.S. Treasury Bond / Note 14,400,000.00 15,156,453.13 47.09 Supra-National Agency Bond / Note 725,000.00 732,090.15 2.28 Municipal Bond / Note 235,000.00 246,069.50 0.76 Federal Agency Collateralized Mortgage Obligation 836,648.35 875,207.54 2.72 Federal Agency Bond / Note 700,000.00 703,810.10 2.19 Corporate Note 7,405,000.00 7,667,423.59 23.83 Certificate of Deposit 3,285,000.00 3,325,021.00 10.33 Asset-Backed Security 3,305,835.99 3,380,951.13 10.51 Managed Account Sub-Total 30,892,484.34 32,087,026.14 99.71% Accrued Interest 110,212.04 Total Portfolio 30,892,484.34 32,197,238.18 CAMP Pool 92,083.64 92,083.64 0.29 Total Investments 30,984,567.98 32,289,321.82 100.00% Unsettled Trades 0.00 0.00 Sector Allocation 10.51% ABS 10.33% Cert of Deposit 23.83% Corporate Note 2.72% Fed Agency CMO 2.19% Fed Agy Bond / Note 0.29% Mny Mkt Fund 0.76% Muni Bond / Note 2.28% Supra-National Agency Bond / Note 47.09% 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 8.34% 12.20% 3.65% 31.57% 14.96% 29.28% 0.00% Maturity Distribution Characteristics Yield to Maturity at Cost Yield to Maturity at Market Weighted Average Days to Maturity 1027 2.18% 0.66% Page 3 For the Month Ending June 30, 2020Managed Account Issuer Summary CITY OF LAKE ELSINORE - LAKE ELSINORE Credit Quality (S&P Ratings) 6.67% A 3.71% A+ 9.19% A- 4.59% A-1 4.46% A-1+ 53.75% AA+ 1.82% AA- 11.92% AAA 0.29% AAAm 2.74% BBB+ 0.86% NR Issuer Summary Percentof HoldingsIssuer Market Value 478,661.78 1.49 AMAZON.COM INC 202,660.40 0.63 AMERICAN EXPRESS CO 419,644.40 1.30 AMERICAN HONDA FINANCE 560,738.20 1.74 APPLE INC 404,017.36 1.26 BANK OF AMERICA CO 672,007.99 2.09 BANK OF MONTREAL 304,959.90 0.95 BMW FINANCIAL SERVICES NA LLC 92,083.64 0.29 CAMP Pool 821,720.00 2.55 CAPITAL ONE FINANCIAL CORP 714,185.17 2.22 CARMAX AUTO OWNER TRUST 105,527.00 0.33 CHAFFEY CA JT UNION HS DIST 240,264.00 0.75 CHARLES SCHWAB 335,571.60 1.04 DEERE & COMPANY 508,109.43 1.58 FANNIE MAE 350,863.80 1.09 FEDERAL HOME LOAN BANKS 720,044.41 2.24 FREDDIE MAC 278,426.83 0.87 GM FINANCIAL AUTO LEASING TRUST 545,135.20 1.69 GM FINANCIAL SECURITIZED TERM 441,047.60 1.37 GOLDMAN SACHS GROUP INC 179,266.15 0.56 HERSHEY COMPANY 383,892.83 1.19 HONDA AUTO RECEIVABLES 304,131.90 0.95 IBM CORP 406,378.40 1.26 INTERNATIONAL FINANCE CORPORATION 325,711.75 1.01 INTL BANK OF RECONSTRUCTION AND DEV 701,186.63 2.18 JP MORGAN CHASE & CO 441,880.80 1.37 MORGAN STANLEY 406,487.60 1.26 NATIONAL RURAL UTILITIES CO FINANCE CORP 143,188.64 0.44 PACCAR FINANCIAL CORP 283,555.72 0.88 PEPSICO INC 435,914.40 1.35 PNC FINANCIAL SERVICES GROUP 693,845.33 2.16 ROYAL BANK OF CANADA 412,233.20 1.28 SKANDINAVISKA ENSKILDA BANKEN AB Page 4 For the Month Ending June 30, 2020Managed Account Issuer Summary CITY OF LAKE ELSINORE - LAKE ELSINORE Percentof HoldingsIssuer Market Value 140,542.50 0.44 STATE OF CONNECTICUT 126,713.13 0.39 STATE STREET CORPORATION 805,593.60 2.50 SWEDBANK AB 413,215.00 1.28 THE BANK OF NEW YORK MELLON CORPORATION 414,182.40 1.29 THE WALT DISNEY CORPORATION 50,869.35 0.16 TOYOTA MOTOR CORP 328,563.33 1.02 TRUIST FIN CORP 305,225.70 0.95 UNILEVER PLC 15,156,453.13 47.11 UNITED STATES TREASURY 332,631.20 1.03 VOLKSWAGEN OF AMERICA 50,437.50 0.16 WELLS FARGO & COMPANY 741,340.88 2.30 WESTPAC BANKING CORP $32,179,109.78 Total 100.00% Page 5 For the Month Ending June 30, 2020Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE 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 12/31/2013 2.375% 12/31/2020 10,109.38 10,052.95 0.65 10,502.34 03/31/1603/30/16AaaAA+ 10,000.00 912828A83 2.51 US TREASURY NOTES DTD 12/31/2015 1.750% 12/31/2020 15,117.19 15,029.38 0.71 15,268.94 05/31/1605/27/16AaaAA+ 15,000.00 912828N48 2.24 US TREASURY N/B NOTES DTD 05/31/2016 1.625% 05/31/2023 1,146,406.25 1,078,994.09 1,514.00 1,070,050.78 04/05/1904/01/19AaaAA+ 1,100,000.00 912828R69 2.32 US TREASURY N/B NOTES DTD 05/31/2016 1.625% 05/31/2023 1,250,625.00 1,170,049.20 1,651.64 1,156,453.12 03/06/1903/04/19AaaAA+ 1,200,000.00 912828R69 2.53 US TREASURY N/B NOTES DTD 05/31/2016 1.625% 05/31/2023 1,589,335.94 1,498,778.50 2,098.96 1,488,304.69 05/03/1905/01/19AaaAA+ 1,525,000.00 912828R69 2.25 US TREASURY N/B NOTES DTD 05/31/2016 1.625% 05/31/2023 3,204,726.56 3,057,332.37 4,232.33 3,050,856.45 06/07/1906/03/19AaaAA+ 3,075,000.00 912828R69 1.83 US TREASURY NOTES DTD 10/31/2016 1.625% 10/31/2023 1,047,500.00 1,004,696.40 2,737.77 1,005,742.19 10/04/1910/02/19AaaAA+ 1,000,000.00 912828T91 1.48 US TREASURY NOTES DTD 10/31/2016 1.625% 10/31/2023 1,728,375.00 1,641,615.26 4,517.33 1,639,107.42 07/03/1907/01/19AaaAA+ 1,650,000.00 912828T91 1.78 US TREASURY N/B NOTES DTD 06/30/2017 2.000% 06/30/2024 347,851.56 333,026.12 17.66 333,823.24 02/07/2002/03/20AaaAA+ 325,000.00 912828XX3 1.36 US TREASURY N/B NOTES DTD 06/30/2017 2.000% 06/30/2024 535,156.25 522,548.50 27.17 524,355.47 03/06/2003/02/20AaaAA+ 500,000.00 912828XX3 0.85 US TREASURY N/B NOTES DTD 06/30/2017 2.000% 06/30/2024 1,391,406.25 1,322,617.70 70.65 1,326,304.69 11/06/1911/01/19AaaAA+ 1,300,000.00 912828XX3 1.55 US TREASURY N/B NOTES DTD 06/30/2017 2.000% 06/30/2024 2,889,843.75 2,735,484.18 146.74 2,739,761.72 01/07/2001/02/20AaaAA+ 2,700,000.00 912828XX3 1.66 17,015.61 15,156,453.13 14,390,224.65 1.84 14,360,531.05 14,400,000.00 Security Type Sub-Total Supra-National Agency Bond / Note Page 6 For the Month Ending June 30, 2020Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE 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 Supra-National Agency Bond / Note INTL BANK OF RECONSTRUCTION AND DEV NOTE DTD 09/19/2017 1.561% 09/12/2020 50,109.50 49,991.20 236.32 49,880.00 09/19/1709/12/17AaaAAA 50,000.00 45905UP32 1.64 INTL BANK OF RECONSTRUCTION AND DEV NOTE DTD 09/19/2017 1.561% 09/12/2020 125,273.75 124,979.89 590.80 124,700.00 09/19/1709/12/17AaaAAA 125,000.00 45905UP32 2.45 INTL BANK OF RECONSTRUCTION AND DEV NOTE DTD 09/19/2017 1.561% 09/12/2020 150,328.50 149,975.87 708.96 149,640.00 09/19/1709/12/17AaaAAA 150,000.00 45905UP32 2.45 INTERNATIONAL FINANCE CORPORATION NOTE DTD 03/16/2018 2.635% 03/09/2021 50,797.30 49,991.36 409.89 49,962.50 03/16/1803/09/18AaaAAA 50,000.00 45950VLQ7 2.97 INTERNATIONAL FINANCE CORPORATION NOTE DTD 03/16/2018 2.635% 03/09/2021 50,797.30 49,991.36 409.89 49,962.50 03/16/1803/09/18AaaAAA 50,000.00 45950VLQ7 2.97 INTERNATIONAL FINANCE CORPORATION NOTE DTD 03/16/2018 2.635% 03/09/2021 304,783.80 299,948.14 2,459.33 299,775.00 03/16/1803/09/18AaaAAA 300,000.00 45950VLQ7 2.66 4,815.19 732,090.15 724,877.82 2.55 723,920.00 725,000.00 Security Type Sub-Total Municipal Bond / Note CT ST TXBL GO BONDS DTD 06/11/2020 1.998% 07/01/2024 61,944.00 60,000.00 66.60 60,000.00 06/11/2005/29/20A1A 60,000.00 20772KJW0 2.00 CHAFFEY UHSD, CA TXBL GO BONDS DTD 12/05/2019 2.101% 08/01/2024 105,527.00 100,000.00 875.42 100,000.00 12/05/1911/06/19Aa1AA- 100,000.00 157411TK5 2.10 CT ST T/E GO BONDS DTD 06/25/2020 2.000% 06/01/2025 78,598.50 78,810.02 25.00 78,822.75 06/25/2006/12/20A1A 75,000.00 20772KKK4 0.94 967.02 246,069.50 238,810.02 1.70 238,822.75 235,000.00 Security Type Sub-Total Page 7 For the Month Ending June 30, 2020Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE 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 Collateralized Mortgage Obligation FNA 2018-M5 A2 DTD 04/01/2018 3.560% 09/01/2021 22,166.16 22,045.70 64.96 22,333.79 04/30/1804/11/18AaaAA+ 21,898.21 3136B1XP4 3.11 FNA 2018-M5 A2 DTD 04/01/2018 3.560% 09/01/2021 22,166.16 22,045.70 64.96 22,333.79 04/30/1804/11/18AaaAA+ 21,898.21 3136B1XP4 3.11 FNA 2018-M5 A2 DTD 04/01/2018 3.560% 09/01/2021 110,830.81 110,228.47 324.82 111,668.93 04/30/1804/11/18AaaAA+ 109,491.06 3136B1XP4 2.93 FHLMC SERIES K721 A2 DTD 12/01/2015 3.090% 08/01/2022 35,983.04 35,144.01 90.12 35,298.05 04/09/1804/04/18AaaAA+ 35,000.00 3137BM6P6 3.08 FHLMC SERIES K721 A2 DTD 12/01/2015 3.090% 08/01/2022 35,983.04 35,144.01 90.12 35,298.05 04/09/1804/04/18AaaAA+ 35,000.00 3137BM6P6 3.09 FHLMC SERIES K721 A2 DTD 12/01/2015 3.090% 08/01/2022 164,493.90 160,658.33 412.00 161,362.50 04/09/1804/04/18AaaAA+ 160,000.00 3137BM6P6 2.88 FHMS KP05 A DTD 12/01/2018 3.203% 07/01/2023 103,213.01 100,017.25 266.96 100,017.15 12/17/1812/07/18AaaAA+ 100,017.45 3137FKK39 3.20 FHMS KJ27 A1 DTD 11/01/2019 2.092% 07/25/2024 105,845.46 103,341.26 180.16 103,340.94 11/26/1911/20/19AaaAA+ 103,343.42 3137FQ3V3 2.09 FHMS K043 A2 DTD 03/01/2015 3.062% 12/25/2024 274,525.96 261,683.78 637.92 262,382.81 03/25/2003/19/20AaaAA+ 250,000.00 3137BGK24 1.97 2,132.02 875,207.54 850,308.51 2.57 854,036.01 836,648.35 Security Type Sub-Total Federal Agency Bond / Note FEDERAL HOME LOAN BANK NOTES DTD 04/16/2020 0.500% 04/14/2025 350,863.80 348,336.33 364.58 348,264.00 04/16/2004/15/20AaaAA+ 350,000.00 3130AJHU6 0.60 FANNIE MAE NOTES DTD 04/24/2020 0.625% 04/22/2025 352,946.30 349,305.88 407.12 349,279.00 04/24/2004/22/20AaaAA+ 350,000.00 3135G03U5 0.67 771.70 703,810.10 697,642.21 0.63 697,543.00 700,000.00 Security Type Sub-Total Corporate Note Page 8 For the Month Ending June 30, 2020Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE 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 WELLS FARGO & COMPANY NOTES DTD 12/07/2015 2.550% 12/07/2020 50,437.50 50,108.78 85.00 51,108.00 05/10/1605/06/16A2A- 50,000.00 94974BGR5 2.96 BRANCH BANKING & TRUST (CALLABLE) NOTES DTD 10/26/2017 2.150% 02/01/2021 25,211.63 24,997.93 223.96 24,988.50 10/26/1710/23/17A3A- 25,000.00 05531FAZ6 3.00 BRANCH BANKING & TRUST (CALLABLE) NOTES DTD 10/26/2017 2.150% 02/01/2021 25,211.63 24,997.93 223.96 24,988.50 10/26/1710/23/17A3A- 25,000.00 05531FAZ6 3.00 BRANCH BANKING & TRUST (CALLABLE) NOTES DTD 10/26/2017 2.150% 02/01/2021 75,634.87 74,993.79 671.87 74,965.50 10/26/1710/23/17A3A- 75,000.00 05531FAZ6 2.17 IBM CORP CORP NOTES DTD 02/06/2018 2.650% 02/05/2021 304,131.90 299,970.60 3,224.17 299,853.00 02/06/1802/01/18A2A 300,000.00 44932HAG8 2.67 NATIONAL RURAL UTIL COOP NOTE DTD 02/26/2018 2.900% 03/15/2021 25,405.47 24,975.58 213.47 24,894.25 02/26/1802/21/18A2A 25,000.00 63743HER9 3.17 NATIONAL RURAL UTIL COOP NOTE DTD 02/26/2018 2.900% 03/15/2021 25,405.48 24,993.59 213.47 24,972.25 02/26/1802/21/18A2A 25,000.00 63743HER9 3.17 NATIONAL RURAL UTIL COOP NOTE DTD 02/26/2018 2.900% 03/15/2021 25,405.48 24,974.38 213.47 24,894.25 04/19/1804/12/18A2A 25,000.00 63743HER9 3.18 NATIONAL RURAL UTIL COOP NOTE DTD 02/26/2018 2.900% 03/15/2021 25,405.47 24,993.28 213.47 24,972.25 04/19/1804/12/18A2A 25,000.00 63743HER9 3.18 NATIONAL RURAL UTIL COOP NOTE DTD 02/26/2018 2.900% 03/15/2021 127,027.38 124,967.96 1,067.36 124,861.25 02/26/1802/21/18A2A 125,000.00 63743HER9 2.94 NATIONAL RURAL UTIL COOP NOTE DTD 02/26/2018 2.900% 03/15/2021 177,838.32 174,820.69 1,494.31 174,259.75 04/19/1804/12/18A2A 175,000.00 63743HER9 3.05 UNILEVER CAPITAL CORP NOTES DTD 03/22/2018 2.750% 03/22/2021 305,225.70 299,630.74 2,268.75 298,467.00 03/22/1803/19/18A1A+ 300,000.00 904764AZ0 2.93 TOYOTA MOTOR CREDIT CORP NOTES DTD 04/13/2018 2.950% 04/13/2021 50,869.35 49,994.78 319.58 49,980.00 04/13/1804/10/18A1A+ 50,000.00 89236TEU5 3.05 Page 9 For the Month Ending June 30, 2020Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE 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 PEPSICO INC CORP (CALLABLE) NOTE DTD 10/10/2017 2.000% 04/15/2021 40,507.96 39,998.20 168.89 39,992.00 10/10/1710/05/17A1A+ 40,000.00 713448DX3 2.78 PEPSICO INC CORP (CALLABLE) NOTE DTD 10/10/2017 2.000% 04/15/2021 40,507.96 39,998.20 168.89 39,992.00 10/10/1710/05/17A1A+ 40,000.00 713448DX3 2.78 BANK OF NEW YORK MELLON CORP (CALLABLE) DTD 02/19/2016 2.500% 04/15/2021 50,751.10 50,167.68 263.89 51,149.00 05/19/1605/16/16A1A 50,000.00 06406FAA1 2.90 BANK OF NEW YORK MELLON CORP (CALLABLE) DTD 02/19/2016 2.500% 04/15/2021 50,751.10 50,167.68 263.89 51,149.00 05/19/1605/16/16A1A 50,000.00 06406FAA1 2.90 BANK OF NEW YORK MELLON CORP (CALLABLE) DTD 02/19/2016 2.500% 04/15/2021 101,502.20 100,362.54 527.78 102,326.00 05/19/1605/16/16A1A 100,000.00 06406FAA1 2.00 PEPSICO INC CORP (CALLABLE) NOTE DTD 10/10/2017 2.000% 04/15/2021 202,539.80 199,991.02 844.44 199,960.00 10/10/1710/05/17A1A+ 200,000.00 713448DX3 2.01 BANK OF AMERICA CORP NOTE DTD 04/19/2016 2.625% 04/19/2021 25,437.98 25,044.85 131.25 25,194.00 11/03/1711/01/17A2A- 25,000.00 06051GFW4 2.39 AMERICAN EXPRESS CREDIT (CALLABLE) NOTES DTD 05/05/2016 2.250% 05/05/2021 202,660.40 199,920.60 700.00 199,536.00 05/31/1605/25/16A2A- 200,000.00 0258M0EB1 2.30 PACCAR FINANCIAL CORP DTD 05/10/2018 3.100% 05/10/2021 20,455.52 19,998.51 87.83 19,994.80 05/10/1805/07/18A1A+ 20,000.00 69371RP26 3.07 PACCAR FINANCIAL CORP DTD 05/10/2018 3.100% 05/10/2021 20,455.52 19,998.51 87.83 19,994.80 05/10/1805/07/18A1A+ 20,000.00 69371RP26 3.07 BRANCH BANKING & TRUST (CALLABLE) NOTE DTD 05/10/2016 2.050% 05/10/2021 25,313.15 24,997.16 72.60 24,983.50 05/16/1605/10/16A3A- 25,000.00 05531FAV5 2.78 BRANCH BANKING & TRUST (CALLABLE) NOTE DTD 05/10/2016 2.050% 05/10/2021 25,313.15 24,997.16 72.60 24,983.50 05/16/1605/10/16A3A- 25,000.00 05531FAV5 2.78 Page 10 For the Month Ending June 30, 2020Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE 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 PACCAR FINANCIAL CORP DTD 05/10/2018 3.100% 05/10/2021 102,277.60 99,992.57 439.16 99,974.00 05/10/1805/07/18A1A+ 100,000.00 69371RP26 3.11 BRANCH BANKING & TRUST (CALLABLE) NOTE DTD 05/10/2016 2.050% 05/10/2021 151,878.90 149,982.97 435.62 149,901.00 05/16/1605/10/16A3A- 150,000.00 05531FAV5 2.06 HERSHEY COMPANY CORP NOTES DTD 05/10/2018 3.100% 05/15/2021 25,609.45 24,995.02 99.03 24,982.75 05/10/1805/03/18A1A 25,000.00 427866BA5 3.09 HERSHEY COMPANY CORP NOTES DTD 05/10/2018 3.100% 05/15/2021 25,609.45 24,995.02 99.03 24,982.75 05/10/1805/03/18A1A 25,000.00 427866BA5 3.09 HERSHEY COMPANY CORP NOTES DTD 05/10/2018 3.100% 05/15/2021 128,047.25 124,975.09 495.14 124,913.75 05/10/1805/03/18A1A 125,000.00 427866BA5 3.12 STATE STREET CORP NOTES DTD 05/19/2016 1.950% 05/19/2021 25,342.63 24,983.29 56.88 24,905.50 05/24/1605/19/16A1A 25,000.00 857477AV5 2.64 STATE STREET CORP NOTES DTD 05/19/2016 1.950% 05/19/2021 25,342.63 24,983.29 56.88 24,905.50 05/24/1605/19/16A1A 25,000.00 857477AV5 2.64 STATE STREET CORP NOTES DTD 05/19/2016 1.950% 05/19/2021 76,027.87 74,949.87 170.63 74,716.50 05/24/1605/19/16A1A 75,000.00 857477AV5 2.03 CHARLES SCHWAB CORP NOTES DTD 05/22/2018 3.250% 05/21/2021 35,784.00 34,999.69 126.39 34,998.95 05/22/1805/17/18A2A 35,000.00 808513AW5 3.18 CHARLES SCHWAB CORP NOTES DTD 05/22/2018 3.250% 05/21/2021 204,480.00 199,998.22 722.22 199,994.00 05/22/1805/17/18A2A 200,000.00 808513AW5 3.25 BANK OF AMERICA CORP (CALLABLE) DTD 09/18/2017 2.328% 10/01/2021 35,141.02 35,000.00 203.70 35,000.00 09/18/1709/13/17A2A- 35,000.00 06051GGS2 2.92 BANK OF AMERICA CORP (CALLABLE) DTD 09/18/2017 2.328% 10/01/2021 35,141.01 35,000.00 203.70 35,000.00 09/18/1709/13/17A2A- 35,000.00 06051GGS2 2.92 BANK OF AMERICA CORP (CALLABLE) DTD 09/18/2017 2.328% 10/01/2021 200,805.80 200,000.00 1,164.00 200,000.00 09/18/1709/13/17A2A- 200,000.00 06051GGS2 2.33 JOHN DEERE CAPITAL CORP NOTES DTD 01/06/2017 2.650% 01/06/2022 51,626.40 49,930.51 644.10 49,779.50 03/15/1703/10/17A2A 50,000.00 24422ETL3 3.04 Page 11 For the Month Ending June 30, 2020Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE 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 NOTES DTD 01/06/2017 2.650% 01/06/2022 283,945.20 274,617.83 3,542.53 273,787.25 03/15/1703/10/17A2A 275,000.00 24422ETL3 2.75 BANK OF AMERICA CORP NOTES DTD 05/17/2018 3.499% 05/17/2022 15,355.94 15,000.00 64.15 15,000.00 05/17/1805/14/18A2A- 15,000.00 06051GHH5 3.52 BANK OF AMERICA CORP NOTES DTD 05/17/2018 3.499% 05/17/2022 15,355.94 15,000.00 64.15 15,000.00 05/17/1805/14/18A2A- 15,000.00 06051GHH5 3.52 BANK OF AMERICA CORP NOTES DTD 05/17/2018 3.499% 05/17/2022 76,779.67 75,000.00 320.74 75,000.00 05/17/1805/14/18A2A- 75,000.00 06051GHH5 3.50 JPMORGAN CHASE & CO BONDS DTD 03/22/2019 3.207% 04/01/2023 701,186.63 675,000.00 5,411.81 675,000.00 03/22/1903/15/19A2A- 675,000.00 46647PBB1 3.21 PNC BANK NA CORP NOTES DTD 01/23/2019 3.500% 01/23/2024 435,914.40 402,055.05 6,144.44 402,848.00 02/15/1902/12/19A3A- 400,000.00 693475AV7 3.34 MORGAN STANLEY CORP NOTES DTD 04/28/2014 3.875% 04/29/2024 441,880.80 418,390.68 2,669.44 422,916.00 07/23/1907/19/19A3BBB+ 400,000.00 61746BDQ6 2.59 AMERICAN HONDA FINANCE CORP NOTE DTD 06/27/2019 2.400% 06/27/2024 419,644.40 398,402.05 106.67 398,016.00 07/15/1907/11/19A3A- 400,000.00 02665WCZ2 2.51 GOLDMAN SACHS GROUP INC BONDS DTD 07/08/2014 3.850% 07/08/2024 441,047.60 414,995.49 7,400.56 418,632.00 07/11/1907/08/19A3BBB+ 400,000.00 38141EC23 2.84 WALT DISNEY COMPANY/THE DTD 09/06/2019 1.750% 08/30/2024 414,182.40 398,636.11 2,391.67 398,368.00 09/06/1909/03/19A2A- 400,000.00 254687FK7 1.83 BANK OF NY MELLON CORP DTD 10/24/2019 2.100% 10/24/2024 210,210.60 200,801.20 781.67 200,880.00 01/28/2001/21/20A1A 200,000.00 06406RAL1 2.00 APPLE INC (CALLABLE) CORP NOTES DTD 05/11/2020 1.125% 05/11/2025 560,738.20 551,075.31 859.38 551,105.50 05/13/2005/11/20Aa1AA+ 550,000.00 037833DT4 1.08 AMAZON.COM INC CORPORATE NOTES DTD 06/03/2020 0.800% 06/03/2025 478,661.78 474,770.57 295.56 474,767.25 06/05/2006/03/20A2AA- 475,000.00 023135BQ8 0.81 48,791.98 7,667,423.59 7,438,591.97 2.49 7,447,833.30 7,405,000.00 Security Type Sub-Total Page 12 For the Month Ending June 30, 2020Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par Certificate of Deposit WESTPAC BANKING CORP NY CD DTD 08/07/2017 2.050% 08/03/2020 100,181.20 100,000.00 820.00 100,000.00 08/07/1708/03/17P-1A-1+ 100,000.00 96121T4A3 2.61 WESTPAC BANKING CORP NY CD DTD 08/07/2017 2.050% 08/03/2020 100,181.20 100,000.00 820.00 100,000.00 08/07/1708/03/17P-1A-1+ 100,000.00 96121T4A3 2.61 WESTPAC BANKING CORP NY CD DTD 08/07/2017 2.050% 08/03/2020 540,978.48 540,000.00 4,428.00 540,000.00 08/07/1708/03/17P-1A-1+ 540,000.00 96121T4A3 2.05 BANK OF MONTREAL CHICAGO CERT DEPOS DTD 08/03/2018 3.190% 08/03/2020 672,007.99 670,000.00 19,651.29 670,000.00 08/03/1808/01/18P-1A-1 670,000.00 06370REU9 3.19 SWEDBANK (NEW YORK) CERT DEPOS DTD 05/18/2020 2.270% 11/16/2020 100,699.20 100,000.00 277.45 100,000.00 11/17/1711/16/17P-1A-1 100,000.00 87019U6D6 2.32 SWEDBANK (NEW YORK) CERT DEPOS DTD 05/18/2020 2.270% 11/16/2020 100,699.20 100,000.00 277.45 100,000.00 11/17/1711/16/17P-1A-1 100,000.00 87019U6D6 2.32 SWEDBANK (NEW YORK) CERT DEPOS DTD 05/18/2020 2.270% 11/16/2020 604,195.20 600,000.00 1,664.67 600,000.00 11/17/1711/16/17P-1A-1 600,000.00 87019U6D6 2.27 ROYAL BANK OF CANADA NY CD DTD 06/08/2018 3.240% 06/07/2021 51,395.95 50,000.00 108.00 50,000.00 06/08/1806/07/18P-1A-1+ 50,000.00 78012UEE1 2.98 ROYAL BANK OF CANADA NY CD DTD 06/08/2018 3.240% 06/07/2021 102,791.90 100,000.00 216.00 100,000.00 06/08/1806/07/18P-1A-1+ 100,000.00 78012UEE1 2.98 ROYAL BANK OF CANADA NY CD DTD 06/08/2018 3.240% 06/07/2021 539,657.48 525,000.00 1,134.00 525,000.00 06/08/1806/07/18P-1A-1+ 525,000.00 78012UEE1 3.24 SKANDINAV ENSKILDA BANK LT CD DTD 09/03/2019 1.860% 08/26/2022 412,233.20 400,000.00 2,604.00 400,000.00 09/03/1908/29/19Aa2A+ 400,000.00 83050PDR7 1.85 32,000.86 3,325,021.00 3,285,000.00 2.58 3,285,000.00 3,285,000.00 Security Type Sub-Total Asset-Backed Security BMWLT 2018-1 A4 DTD 10/17/2018 3.360% 03/20/2022 304,959.90 299,998.66 308.00 299,997.33 10/17/1810/10/18AaaAAA 300,000.00 05586CAD6 3.36 GMALT 2018-3 A4 DTD 09/26/2018 3.300% 07/20/2022 278,426.83 274,981.16 277.29 274,964.97 09/26/1809/18/18AaaAAA 275,000.00 36256GAE9 3.30 Page 13 For the Month Ending June 30, 2020Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE 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 Asset-Backed Security HAROT 2018-4 A3 DTD 11/28/2018 3.160% 01/15/2023 383,892.83 374,965.52 526.67 374,943.94 11/28/1811/20/18AaaAAA 375,000.00 43815AAC6 3.16 VALET 2018-2 A3 DTD 11/21/2018 3.250% 04/20/2023 332,631.20 324,991.33 322.74 324,986.35 11/21/1811/15/18AaaAAA 325,000.00 92869BAD4 3.25 GMCAR 2018-3 A3 DTD 07/18/2018 3.020% 05/16/2023 269,270.80 264,594.59 332.99 264,569.60 07/18/1807/11/18NRAAA 264,631.31 36255JAD6 3.03 CARMAX AUTO OWNER TRUST DTD 07/25/2018 3.130% 06/15/2023 353,592.03 346,176.18 481.61 346,157.50 07/25/1807/18/18NRAAA 346,204.68 14313FAD1 3.13 CARMAX AUTO OWNER TRUST DTD 10/24/2018 3.360% 09/15/2023 360,593.14 349,997.89 522.67 349,996.78 10/24/1810/17/18NRAAA 350,000.00 14315EAC4 3.36 GMCAR 2019-1 A3 DTD 01/16/2019 2.970% 11/16/2023 275,864.40 269,979.12 334.13 269,970.11 01/16/1901/08/19AaaNR 270,000.00 36256XAD4 2.97 COMET 2019-A2 A2 DTD 09/05/2019 1.720% 08/15/2024 821,720.00 799,832.02 611.56 799,798.56 09/05/1908/28/19NRAAA 800,000.00 14041NFU0 1.73 3,717.66 3,380,951.13 3,305,516.47 2.84 3,305,385.14 3,305,835.99 Security Type Sub-Total 30,892,484.34 30,913,071.25 2.18 110,212.04 30,930,971.65 32,087,026.14 Managed Account Sub-Total Money Market Mutual Fund CAMP Pool 92,083.64 92,083.64 0.00 92,083.64 NRAAAm 92,083.64 92,083.64 92,083.64 0.00 92,083.64 92,083.64 Money Market Sub-Total $30,984,567.98 $31,005,154.89 $110,212.04 $31,023,055.29 $32,179,109.78 2.18% $32,289,321.82 $110,212.04 Total Investments Accrued Interest Securities Sub-Total Page 14 For the Month Ending June 30, 2020Managed Account Fair Market Value & Analytics CITY OF LAKE ELSINORE - LAKE ELSINORE Value On Cost Amort CostCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration U.S. Treasury Bond / Note 56.43 (392.96) 10,109.38 101.09 MERRILL 10,000.00 912828A83US TREASURY NOTES DTD 12/31/2013 2.375% 12/31/2020 0.19 0.50 87.81 (151.75) 15,117.19 100.78 MORGANST 15,000.00 912828N48US TREASURY NOTES DTD 12/31/2015 1.750% 12/31/2020 0.19 0.50 67,412.16 76,355.47 1,146,406.25 104.22 SOCGEN 1,100,000.00 912828R69US TREASURY N/B NOTES DTD 05/31/2016 1.625% 05/31/2023 0.17 2.86 80,575.80 94,171.88 1,250,625.00 104.22 MORGAN_S 1,200,000.00 912828R69US TREASURY N/B NOTES DTD 05/31/2016 1.625% 05/31/2023 0.17 2.86 90,557.44 101,031.25 1,589,335.94 104.22 MORGAN_S 1,525,000.00 912828R69US TREASURY N/B NOTES DTD 05/31/2016 1.625% 05/31/2023 0.17 2.86 147,394.19 153,870.11 3,204,726.56 104.22 MORGAN_S 3,075,000.00 912828R69US TREASURY N/B NOTES DTD 05/31/2016 1.625% 05/31/2023 0.17 2.86 42,803.60 41,757.81 1,047,500.00 104.75 BNP_PARI 1,000,000.00 912828T91US TREASURY NOTES DTD 10/31/2016 1.625% 10/31/2023 0.20 3.25 86,759.74 89,267.58 1,728,375.00 104.75 MERRILL 1,650,000.00 912828T91US TREASURY NOTES DTD 10/31/2016 1.625% 10/31/2023 0.20 3.25 14,825.44 14,028.32 347,851.56 107.03 HSBC 325,000.00 912828XX3US TREASURY N/B NOTES DTD 06/30/2017 2.000% 06/30/2024 0.23 3.87 12,607.75 10,800.78 535,156.25 107.03 HSBC 500,000.00 912828XX3US TREASURY N/B NOTES DTD 06/30/2017 2.000% 06/30/2024 0.23 3.87 68,788.55 65,101.56 1,391,406.25 107.03 MORGAN_S 1,300,000.00 912828XX3US TREASURY N/B NOTES DTD 06/30/2017 2.000% 06/30/2024 0.23 3.87 154,359.57 150,082.03 2,889,843.75 107.03 HSBC 2,700,000.00 912828XX3US TREASURY N/B NOTES DTD 06/30/2017 2.000% 06/30/2024 0.23 3.87 795,922.08 0.20 766,228.48 15,156,453.13 14,400,000.00 Security Type Sub-Total 3.27 Supra-National Agency Bond / Note 118.30 229.50 50,109.50 100.22 HSBC 50,000.00 45905UP32INTL BANK OF RECONSTRUCTION AND DEV NOTE DTD 09/19/2017 1.561% 09/12/2020 0.46 0.20 293.86 573.75 125,273.75 100.22 HSBC 125,000.00 45905UP32INTL BANK OF RECONSTRUCTION AND DEV NOTE DTD 09/19/2017 1.561% 09/12/2020 0.46 0.20 Page 15 For the Month Ending June 30, 2020Managed Account Fair Market Value & Analytics CITY OF LAKE ELSINORE - LAKE ELSINORE Value On Cost Amort CostCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration Supra-National Agency Bond / Note 352.63 688.50 150,328.50 100.22 HSBC 150,000.00 45905UP32INTL BANK OF RECONSTRUCTION AND DEV NOTE DTD 09/19/2017 1.561% 09/12/2020 0.46 0.20 805.94 834.80 50,797.30 101.59 HSBC 50,000.00 45950VLQ7INTERNATIONAL FINANCE CORPORATION NOTE DTD 03/16/2018 2.635% 03/09/2021 0.32 0.69 805.94 834.80 50,797.30 101.59 HSBC 50,000.00 45950VLQ7INTERNATIONAL FINANCE CORPORATION NOTE DTD 03/16/2018 2.635% 03/09/2021 0.32 0.69 4,835.66 5,008.80 304,783.80 101.59 HSBC 300,000.00 45950VLQ7INTERNATIONAL FINANCE CORPORATION NOTE DTD 03/16/2018 2.635% 03/09/2021 0.32 0.69 8,170.15 0.38 7,212.33 732,090.15 725,000.00 Security Type Sub-Total 0.47 Municipal Bond / Note 1,944.00 1,944.00 61,944.00 103.24 SIEBERT 60,000.00 20772KJW0CT ST TXBL GO BONDS DTD 06/11/2020 1.998% 07/01/2024 1.17 3.87 5,527.00 5,527.00 105,527.00 105.53 RBC 100,000.00 157411TK5CHAFFEY UHSD, CA TXBL GO BONDS DTD 12/05/2019 2.101% 08/01/2024 0.73 3.91 (211.52)(224.25) 78,598.50 104.80 MORGAN_ 75,000.00 20772KKK4CT ST T/E GO BONDS DTD 06/25/2020 2.000% 06/01/2025 1.00 4.71 7,246.75 0.93 7,259.48 246,069.50 235,000.00 Security Type Sub-Total 4.16 Federal Agency Collateralized Mortgage Obligation 120.46 (167.63) 22,166.16 101.22 JPM_CHAS 21,898.21 3136B1XP4FNA 2018-M5 A2 DTD 04/01/2018 3.560% 09/01/2021 2.50 0.74 120.46 (167.63) 22,166.16 101.22 JPM_CHAS 21,898.21 3136B1XP4FNA 2018-M5 A2 DTD 04/01/2018 3.560% 09/01/2021 2.50 0.74 602.34 (838.12) 110,830.81 101.22 JPM_CHAS 109,491.06 3136B1XP4FNA 2018-M5 A2 DTD 04/01/2018 3.560% 09/01/2021 2.50 0.74 839.03 684.99 35,983.04 102.81 CITIGRP 35,000.00 3137BM6P6FHLMC SERIES K721 A2 DTD 12/01/2015 3.090% 08/01/2022 1.72 1.89 Page 16 For the Month Ending June 30, 2020Managed Account Fair Market Value & Analytics CITY OF LAKE ELSINORE - LAKE ELSINORE Value On Cost Amort CostCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration Federal Agency Collateralized Mortgage Obligation 839.03 684.99 35,983.04 102.81 CITIGRP 35,000.00 3137BM6P6FHLMC SERIES K721 A2 DTD 12/01/2015 3.090% 08/01/2022 1.72 1.89 3,835.57 3,131.40 164,493.90 102.81 CITIGRP 160,000.00 3137BM6P6FHLMC SERIES K721 A2 DTD 12/01/2015 3.090% 08/01/2022 1.72 1.89 3,195.76 3,195.86 103,213.01 103.20 CSFB 100,017.45 3137FKK39FHMS KP05 A DTD 12/01/2018 3.203% 07/01/2023 2.10 1.55 2,504.20 2,504.52 105,845.46 102.42 JPM_CHAS 103,343.42 3137FQ3V3FHMS KJ27 A1 DTD 11/01/2019 2.092% 07/25/2024 1.48 2.57 12,842.18 12,143.15 274,525.96 109.81 CITIGRP 250,000.00 3137BGK24FHMS K043 A2 DTD 03/01/2015 3.062% 12/25/2024 0.83 4.14 21,171.53 1.59 24,899.03 875,207.54 836,648.35 Security Type Sub-Total 2.43 Federal Agency Bond / Note 2,527.47 2,599.80 350,863.80 100.25 CITIGRP 350,000.00 3130AJHU6FEDERAL HOME LOAN BANK NOTES DTD 04/16/2020 0.500% 04/14/2025 0.45 4.73 3,640.42 3,667.30 352,946.30 100.84 CITIGRP 350,000.00 3135G03U5FANNIE MAE NOTES DTD 04/24/2020 0.625% 04/22/2025 0.45 4.74 6,267.10 0.45 6,167.89 703,810.10 700,000.00 Security Type Sub-Total 4.74 Corporate Note 328.72 (670.50) 50,437.50 100.88 UBS AG 50,000.00 94974BGR5WELLS FARGO & COMPANY NOTES DTD 12/07/2015 2.550% 12/07/2020 0.54 0.44 213.70 223.13 25,211.63 100.85 01/01/21MORGAN_S 25,000.00 05531FAZ6BRANCH BANKING & TRUST (CALLABLE) NOTES DTD 10/26/2017 2.150% 02/01/2021 0.70 0.50 213.70 223.13 25,211.63 100.85 01/01/21MORGAN_S 25,000.00 05531FAZ6BRANCH BANKING & TRUST (CALLABLE) NOTES DTD 10/26/2017 2.150% 02/01/2021 0.70 0.50 641.08 669.37 75,634.87 100.85 01/01/21MORGAN_S 75,000.00 05531FAZ6BRANCH BANKING & TRUST (CALLABLE) NOTES DTD 10/26/2017 2.150% 02/01/2021 0.70 0.50 Page 17 For the Month Ending June 30, 2020Managed Account Fair Market Value & Analytics CITY OF LAKE ELSINORE - LAKE ELSINORE Value On Cost Amort CostCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration Corporate Note 4,161.30 4,278.90 304,131.90 101.38 BNP_PARI 300,000.00 44932HAG8IBM CORP CORP NOTES DTD 02/06/2018 2.650% 02/05/2021 0.34 0.59 429.89 511.22 25,405.47 101.62 RBC 25,000.00 63743HER9NATIONAL RURAL UTIL COOP NOTE DTD 02/26/2018 2.900% 03/15/2021 0.60 0.70 411.89 433.23 25,405.48 101.62 RBC 25,000.00 63743HER9NATIONAL RURAL UTIL COOP NOTE DTD 02/26/2018 2.900% 03/15/2021 0.60 0.70 431.10 511.23 25,405.48 101.62 RBC 25,000.00 63743HER9NATIONAL RURAL UTIL COOP NOTE DTD 02/26/2018 2.900% 03/15/2021 0.60 0.70 412.19 433.22 25,405.47 101.62 RBC 25,000.00 63743HER9NATIONAL RURAL UTIL COOP NOTE DTD 02/26/2018 2.900% 03/15/2021 0.60 0.70 2,059.42 2,166.13 127,027.38 101.62 RBC 125,000.00 63743HER9NATIONAL RURAL UTIL COOP NOTE DTD 02/26/2018 2.900% 03/15/2021 0.60 0.70 3,017.63 3,578.57 177,838.32 101.62 RBC 175,000.00 63743HER9NATIONAL RURAL UTIL COOP NOTE DTD 02/26/2018 2.900% 03/15/2021 0.60 0.70 5,594.96 6,758.70 305,225.70 101.74 CITIGRP 300,000.00 904764AZ0UNILEVER CAPITAL CORP NOTES DTD 03/22/2018 2.750% 03/22/2021 0.35 0.72 874.57 889.35 50,869.35 101.74 JPM_CHAS 50,000.00 89236TEU5TOYOTA MOTOR CREDIT CORP NOTES DTD 04/13/2018 2.950% 04/13/2021 0.73 0.78 509.76 515.96 40,507.96 101.27 03/15/21MERRILL 40,000.00 713448DX3PEPSICO INC CORP (CALLABLE) NOTE DTD 10/10/2017 2.000% 04/15/2021 0.39 0.70 509.76 515.96 40,507.96 101.27 03/15/21MERRILL 40,000.00 713448DX3PEPSICO INC CORP (CALLABLE) NOTE DTD 10/10/2017 2.000% 04/15/2021 0.39 0.70 583.42 (397.90) 50,751.10 101.50 03/15/21KEYBAN 50,000.00 06406FAA1BANK OF NEW YORK MELLON CORP (CALLABLE) DTD 02/19/2016 2.500% 04/15/2021 0.59 0.70 583.42 (397.90) 50,751.10 101.50 03/15/21KEYBAN 50,000.00 06406FAA1BANK OF NEW YORK MELLON CORP (CALLABLE) DTD 02/19/2016 2.500% 04/15/2021 0.59 0.70 1,139.66 (823.80) 101,502.20 101.50 03/15/21KEYBAN 100,000.00 06406FAA1BANK OF NEW YORK MELLON CORP (CALLABLE) DTD 02/19/2016 2.500% 04/15/2021 0.59 0.70 2,548.78 2,579.80 202,539.80 101.27 03/15/21MERRILL 200,000.00 713448DX3PEPSICO INC CORP (CALLABLE) NOTE DTD 10/10/2017 2.000% 04/15/2021 0.39 0.70 Page 18 For the Month Ending June 30, 2020Managed Account Fair Market Value & Analytics CITY OF LAKE ELSINORE - LAKE ELSINORE Value On Cost Amort CostCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration Corporate Note 393.13 243.98 25,437.98 101.75 MERRILL 25,000.00 06051GFW4BANK OF AMERICA CORP NOTE DTD 04/19/2016 2.625% 04/19/2021 0.44 0.80 2,739.80 3,124.40 202,660.40 101.33 04/04/21KEYBAN 200,000.00 0258M0EB1AMERICAN EXPRESS CREDIT (CALLABLE) NOTES DTD 05/05/2016 2.250% 05/05/2021 0.67 0.76 457.01 460.72 20,455.52 102.28 MERRILL 20,000.00 69371RP26PACCAR FINANCIAL CORP DTD 05/10/2018 3.100% 05/10/2021 0.45 0.85 457.01 460.72 20,455.52 102.28 MERRILL 20,000.00 69371RP26PACCAR FINANCIAL CORP DTD 05/10/2018 3.100% 05/10/2021 0.45 0.85 315.99 329.65 25,313.15 101.25 04/09/21SCOTIA 25,000.00 05531FAV5BRANCH BANKING & TRUST (CALLABLE) NOTE DTD 05/10/2016 2.050% 05/10/2021 0.59 0.77 315.99 329.65 25,313.15 101.25 04/09/21SCOTIA 25,000.00 05531FAV5BRANCH BANKING & TRUST (CALLABLE) NOTE DTD 05/10/2016 2.050% 05/10/2021 0.59 0.77 2,285.03 2,303.60 102,277.60 102.28 MERRILL 100,000.00 69371RP26PACCAR FINANCIAL CORP DTD 05/10/2018 3.100% 05/10/2021 0.45 0.85 1,895.93 1,977.90 151,878.90 101.25 04/09/21SCOTIA 150,000.00 05531FAV5BRANCH BANKING & TRUST (CALLABLE) NOTE DTD 05/10/2016 2.050% 05/10/2021 0.59 0.77 614.43 626.70 25,609.45 102.44 MERRILL 25,000.00 427866BA5HERSHEY COMPANY CORP NOTES DTD 05/10/2018 3.100% 05/15/2021 0.31 0.87 614.43 626.70 25,609.45 102.44 MERRILL 25,000.00 427866BA5HERSHEY COMPANY CORP NOTES DTD 05/10/2018 3.100% 05/15/2021 0.31 0.87 3,072.16 3,133.50 128,047.25 102.44 MERRILL 125,000.00 427866BA5HERSHEY COMPANY CORP NOTES DTD 05/10/2018 3.100% 05/15/2021 0.31 0.87 359.34 437.13 25,342.63 101.37 GOLDMAN 25,000.00 857477AV5STATE STREET CORP NOTES DTD 05/19/2016 1.950% 05/19/2021 0.40 0.88 359.34 437.13 25,342.63 101.37 GOLDMAN 25,000.00 857477AV5STATE STREET CORP NOTES DTD 05/19/2016 1.950% 05/19/2021 0.40 0.88 1,078.00 1,311.37 76,027.87 101.37 GOLDMAN 75,000.00 857477AV5STATE STREET CORP NOTES DTD 05/19/2016 1.950% 05/19/2021 0.40 0.88 784.31 785.05 35,784.00 102.24 04/21/21CSFB 35,000.00 808513AW5CHARLES SCHWAB CORP NOTES DTD 05/22/2018 3.250% 05/21/2021 0.72 0.80 Page 19 For the Month Ending June 30, 2020Managed Account Fair Market Value & Analytics CITY OF LAKE ELSINORE - LAKE ELSINORE Value On Cost Amort CostCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration Corporate Note 4,481.78 4,486.00 204,480.00 102.24 04/21/21CSFB 200,000.00 808513AW5CHARLES SCHWAB CORP NOTES DTD 05/22/2018 3.250% 05/21/2021 0.72 0.80 141.02 141.02 35,141.02 100.40 10/01/20MERRILL 35,000.00 06051GGS2BANK OF AMERICA CORP (CALLABLE) DTD 09/18/2017 2.328% 10/01/2021 2.00 0.25 141.01 141.01 35,141.01 100.40 10/01/20MERRILL 35,000.00 06051GGS2BANK OF AMERICA CORP (CALLABLE) DTD 09/18/2017 2.328% 10/01/2021 2.00 0.25 805.80 805.80 200,805.80 100.40 10/01/20MERRILL 200,000.00 06051GGS2BANK OF AMERICA CORP (CALLABLE) DTD 09/18/2017 2.328% 10/01/2021 2.00 0.25 1,695.89 1,846.90 51,626.40 103.25 MITSU 50,000.00 24422ETL3JOHN DEERE CAPITAL CORP NOTES DTD 01/06/2017 2.650% 01/06/2022 0.49 1.48 9,327.37 10,157.95 283,945.20 103.25 MITSU 275,000.00 24422ETL3JOHN DEERE CAPITAL CORP NOTES DTD 01/06/2017 2.650% 01/06/2022 0.49 1.48 355.94 355.94 15,355.94 102.37 MERRILL 15,000.00 06051GHH5BANK OF AMERICA CORP NOTES DTD 05/17/2018 3.499% 05/17/2022 2.20 1.83 355.94 355.94 15,355.94 102.37 MERRILL 15,000.00 06051GHH5BANK OF AMERICA CORP NOTES DTD 05/17/2018 3.499% 05/17/2022 2.20 1.83 1,779.67 1,779.67 76,779.67 102.37 MERRILL 75,000.00 06051GHH5BANK OF AMERICA CORP NOTES DTD 05/17/2018 3.499% 05/17/2022 2.20 1.83 26,186.63 26,186.63 701,186.63 103.88 04/01/22JPM_CHAS 675,000.00 46647PBB1JPMORGAN CHASE & CO BONDS DTD 03/22/2019 3.207% 04/01/2023 1.76 1.71 33,859.35 33,066.40 435,914.40 108.98 CITIGRP 400,000.00 693475AV7PNC BANK NA CORP NOTES DTD 01/23/2019 3.500% 01/23/2024 0.93 3.34 23,490.12 18,964.80 441,880.80 110.47 WELLS_FA 400,000.00 61746BDQ6MORGAN STANLEY CORP NOTES DTD 04/28/2014 3.875% 04/29/2024 1.08 3.59 21,242.35 21,628.40 419,644.40 104.91 WELLS_FA 400,000.00 02665WCZ2AMERICAN HONDA FINANCE CORP NOTE DTD 06/27/2019 2.400% 06/27/2024 1.14 3.83 26,052.11 22,415.60 441,047.60 110.26 SUSQ 400,000.00 38141EC23GOLDMAN SACHS GROUP INC BONDS DTD 07/08/2014 3.850% 07/08/2024 1.23 3.72 15,546.29 15,814.40 414,182.40 103.55 JPM_CHAS 400,000.00 254687FK7WALT DISNEY COMPANY/THE DTD 09/06/2019 1.750% 08/30/2024 0.88 4.02 9,409.40 9,330.60 210,210.60 105.11 MORGAN_S 200,000.00 06406RAL1BANK OF NY MELLON CORP DTD 10/24/2019 2.100% 10/24/2024 0.89 4.14 9,662.89 9,632.70 560,738.20 101.95 04/11/25GOLDMAN 550,000.00 037833DT4APPLE INC (CALLABLE) CORP NOTES DTD 05/11/2020 1.125% 05/11/2025 0.72 4.66 Page 20 For the Month Ending June 30, 2020Managed Account Fair Market Value & Analytics CITY OF LAKE ELSINORE - LAKE ELSINORE Value On Cost Amort CostCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration Corporate Note 3,891.21 3,894.53 478,661.78 100.77 GOLDMAN 475,000.00 023135BQ8AMAZON.COM INC CORPORATE NOTES DTD 06/03/2020 0.800% 06/03/2025 0.64 4.84 219,590.29 0.89 228,831.62 7,667,423.59 7,405,000.00 Security Type Sub-Total 2.32 Certificate of Deposit 181.20 181.20 100,181.20 100.18 JPM_CHAS 100,000.00 96121T4A3WESTPAC BANKING CORP NY CD DTD 08/07/2017 2.050% 08/03/2020 0.07 0.09 181.20 181.20 100,181.20 100.18 JPM_CHAS 100,000.00 96121T4A3WESTPAC BANKING CORP NY CD DTD 08/07/2017 2.050% 08/03/2020 0.07 0.09 978.48 978.48 540,978.48 100.18 JPM_CHAS 540,000.00 96121T4A3WESTPAC BANKING CORP NY CD DTD 08/07/2017 2.050% 08/03/2020 0.07 0.09 2,007.99 2,007.99 672,007.99 100.30 BMO 670,000.00 06370REU9BANK OF MONTREAL CHICAGO CERT DEPOS DTD 08/03/2018 3.190% 08/03/2020 -0.04 0.09 699.20 699.20 100,699.20 100.70 MERRILL 100,000.00 87019U6D6SWEDBANK (NEW YORK) CERT DEPOS DTD 05/18/2020 2.270% 11/16/2020 2.25 0.38 699.20 699.20 100,699.20 100.70 MERRILL 100,000.00 87019U6D6SWEDBANK (NEW YORK) CERT DEPOS DTD 05/18/2020 2.270% 11/16/2020 2.25 0.38 4,195.20 4,195.20 604,195.20 100.70 MERRILL 600,000.00 87019U6D6SWEDBANK (NEW YORK) CERT DEPOS DTD 05/18/2020 2.270% 11/16/2020 2.25 0.38 1,395.95 1,395.95 51,395.95 102.79 RBC 50,000.00 78012UEE1ROYAL BANK OF CANADA NY CD DTD 06/08/2018 3.240% 06/07/2021 0.25 0.93 2,791.90 2,791.90 102,791.90 102.79 RBC 100,000.00 78012UEE1ROYAL BANK OF CANADA NY CD DTD 06/08/2018 3.240% 06/07/2021 0.25 0.93 14,657.48 14,657.48 539,657.48 102.79 RBC 525,000.00 78012UEE1ROYAL BANK OF CANADA NY CD DTD 06/08/2018 3.240% 06/07/2021 0.25 0.93 12,233.20 12,233.20 412,233.20 103.06 BARCLAYS 400,000.00 83050PDR7SKANDINAV ENSKILDA BANK LT CD DTD 09/03/2019 1.860% 08/26/2022 0.43 2.11 40,021.00 0.66 40,021.00 3,325,021.00 3,285,000.00 Security Type Sub-Total 0.59 Asset-Backed Security Page 21 For the Month Ending June 30, 2020Managed Account Fair Market Value & Analytics CITY OF LAKE ELSINORE - LAKE ELSINORE Value On Cost Amort CostCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration Asset-Backed Security 4,961.24 4,962.57 304,959.90 101.65 SOCGEN 300,000.00 05586CAD6BMWLT 2018-1 A4 DTD 10/17/2018 3.360% 03/20/2022 2.38 0.65 3,445.67 3,461.86 278,426.83 101.25 RBC 275,000.00 36256GAE9GMALT 2018-3 A4 DTD 09/26/2018 3.300% 07/20/2022 2.68 0.50 8,927.31 8,948.89 383,892.83 102.37 JPM_CHAS 375,000.00 43815AAC6HAROT 2018-4 A3 DTD 11/28/2018 3.160% 01/15/2023 2.20 0.88 7,639.87 7,644.85 332,631.20 102.35 CITIGRP 325,000.00 92869BAD4VALET 2018-2 A3 DTD 11/21/2018 3.250% 04/20/2023 2.38 0.84 4,676.21 4,701.20 269,270.80 101.75 JPM_CHAS 264,631.31 36255JAD6GMCAR 2018-3 A3 DTD 07/18/2018 3.020% 05/16/2023 2.39 0.76 7,415.85 7,434.53 353,592.03 102.13 BARCLAYS 346,204.68 14313FAD1CARMAX AUTO OWNER TRUST DTD 07/25/2018 3.130% 06/15/2023 2.38 0.82 10,595.25 10,596.36 360,593.14 103.03 MERRILL 350,000.00 14315EAC4CARMAX AUTO OWNER TRUST DTD 10/24/2018 3.360% 09/15/2023 2.38 1.11 5,885.28 5,894.29 275,864.40 102.17 RBC 270,000.00 36256XAD4GMCAR 2019-1 A3 DTD 01/16/2019 2.970% 11/16/2023 2.30 0.89 21,887.98 21,921.44 821,720.00 102.72 RBC 800,000.00 14041NFU0COMET 2019-A2 A2 DTD 09/05/2019 1.720% 08/15/2024 1.05 2.09 75,565.99 2.06 75,434.66 3,380,951.13 3,305,835.99 Security Type Sub-Total 1.13 30,892,484.34 32,087,026.14 1,173,954.89 1,156,054.49 0.66 Managed Account Sub-Total 2.49 Money Market Mutual Fund 0.00 0.00 92,083.64 1.00 92,083.64 CAMP Pool 0.00 92,083.64 92,083.64 0.00 0.00 Money Market Sub-Total 0.00 Total Investments $32,289,321.82 $110,212.04 $32,179,109.78 Accrued Interest Securities Sub-Total $30,984,567.98 $1,173,954.89 $1,156,054.49 0.66% 2.49 Page 22 For the Month Ending June 30, 2020Managed Account Security Transactions & Interest CITY OF LAKE ELSINORE - LAKE ELSINORE Transaction Type Trade CUSIPSecurity DescriptionSettle Par Proceeds Principal Accrued Interest Total Cost Realized G/L Realized G/L Sale Amort Cost Method BUY 06/11/20 CT ST TXBL GO BONDS DTD 06/11/2020 1.998% 07/01/2024 20772KJW0 (60,000.00) 0.00 (60,000.00) 60,000.00 05/29/20 06/05/20 AMAZON.COM INC CORPORATE NOTES DTD 06/03/2020 0.800% 06/03/2025 023135BQ8 (474,767.25)(21.11)(474,788.36) 475,000.00 06/03/20 06/25/20 CT ST T/E GO BONDS DTD 06/25/2020 2.000% 06/01/2025 20772KKK4 (78,822.75) 0.00 (78,822.75) 75,000.00 06/12/20 (21.11) (613,611.11)(613,590.00) 610,000.00 Transaction Type Sub-Total INTEREST 06/25/20 FHMS K043 A2 DTD 03/01/2015 3.062% 12/25/2024 3137BGK24 0.00 637.92 637.92 250,000.00 06/01/20 06/25/20 FHMS KP05 A DTD 12/01/2018 3.203% 07/01/2023 3137FKK39 0.00 301.97 301.97 113,134.31 06/01/20 06/25/20 FNA 2018-M5 A2 DTD 04/01/2018 3.560% 09/01/2021 3136B1XP4 0.00 470.23 470.23 156,806.65 06/01/20 06/25/20 FHMS KJ27 A1 DTD 11/01/2019 2.092% 07/25/2024 3137FQ3V3 0.00 180.46 180.46 103,512.89 06/01/20 06/25/20 FHLMC SERIES K721 A2 DTD 12/01/2015 3.090% 08/01/2022 3137BM6P6 0.00 592.26 592.26 230,000.00 06/01/20 06/07/20 WELLS FARGO & COMPANY NOTES DTD 12/07/2015 2.550% 12/07/2020 94974BGR5 0.00 637.50 637.50 50,000.00 06/07/20 06/07/20 ROYAL BANK OF CANADA NY CD DTD 06/08/2018 3.240% 06/07/2021 78012UEE1 0.00 10,935.00 10,935.00 675,000.00 06/07/20 06/15/20 HAROT 2018-4 A3 DTD 11/28/2018 3.160% 01/15/2023 43815AAC6 0.00 987.50 987.50 375,000.00 06/15/20 06/15/20 COMET 2019-A2 A2 DTD 09/05/2019 1.720% 08/15/2024 14041NFU0 0.00 1,146.67 1,146.67 800,000.00 06/15/20 06/15/20 CARMAX AUTO OWNER TRUST DTD 07/25/2018 3.130% 06/15/2023 14313FAD1 0.00 912.92 912.92 350,000.00 06/15/20 06/15/20 CARMAX AUTO OWNER TRUST DTD 10/24/2018 3.360% 09/15/2023 14315EAC4 0.00 980.00 980.00 350,000.00 06/15/20 06/16/20 GMCAR 2018-3 A3 DTD 07/18/2018 3.020% 05/16/2023 36255JAD6 0.00 707.45 707.45 281,104.21 06/16/20 Page 23 For the Month Ending June 30, 2020Managed Account Security Transactions & Interest CITY OF LAKE ELSINORE - LAKE ELSINORE Transaction Type Trade CUSIPSecurity DescriptionSettle Par Proceeds Principal Accrued Interest Total Cost Realized G/L Realized G/L Sale Amort Cost Method INTEREST 06/16/20 GMCAR 2019-1 A3 DTD 01/16/2019 2.970% 11/16/2023 36256XAD4 0.00 668.25 668.25 270,000.00 06/16/20 06/20/20 GMALT 2018-3 A4 DTD 09/26/2018 3.300% 07/20/2022 36256GAE9 0.00 756.25 756.25 275,000.00 06/20/20 06/20/20 BMWLT 2018-1 A4 DTD 10/17/2018 3.360% 03/20/2022 05586CAD6 0.00 840.00 840.00 300,000.00 06/20/20 06/20/20 VALET 2018-2 A3 DTD 11/21/2018 3.250% 04/20/2023 92869BAD4 0.00 880.21 880.21 325,000.00 06/20/20 06/27/20 AMERICAN HONDA FINANCE CORP NOTE DTD 06/27/2019 2.400% 06/27/2024 02665WCZ2 0.00 4,800.00 4,800.00 400,000.00 06/27/20 06/30/20 US TREASURY N/B NOTES DTD 06/30/2017 2.000% 06/30/2024 912828XX3 0.00 48,250.00 48,250.00 4,825,000.00 06/30/20 06/30/20 US TREASURY NOTES DTD 12/31/2013 2.375% 12/31/2020 912828A83 0.00 118.75 118.75 10,000.00 06/30/20 06/30/20 US TREASURY NOTES DTD 12/31/2015 1.750% 12/31/2020 912828N48 0.00 131.25 131.25 15,000.00 06/30/20 74,934.59 74,934.59 0.00 10,154,558.06 Transaction Type Sub-Total MATURITY 06/05/20 BANK OF NOVA SCOTIA HOUSTON CD DTD 06/07/2018 3.080% 06/05/2020 06417GU22 50,000.00 770.00 50,770.00 19.00 0.00 50,000.00 06/05/20 06/05/20 BANK OF NOVA SCOTIA HOUSTON CD DTD 06/07/2018 3.080% 06/05/2020 06417GU22 300,000.00 4,620.00 304,620.00 114.00 0.00 300,000.00 06/05/20 06/05/20 BANK OF NOVA SCOTIA HOUSTON CD DTD 06/07/2018 3.080% 06/05/2020 06417GU22 30,000.00 462.00 30,462.00 11.40 0.00 30,000.00 06/05/20 06/22/20 JOHN DEERE CAPITAL CORP NOTES DTD 06/22/2017 1.950% 06/22/2020 24422ETS8 25,000.00 243.75 25,243.75 15.25 0.00 25,000.00 06/22/20 6,095.75 0.00 159.65 411,095.75 405,000.00 405,000.00 Transaction Type Sub-Total PAYDOWNS 06/25/20 FHMS KJ27 A1 DTD 11/01/2019 2.092% 07/25/2024 3137FQ3V3 169.47 0.00 169.47 0.00 0.00 169.47 06/01/20 Page 24 For the Month Ending June 30, 2020Managed Account Security Transactions & Interest CITY OF LAKE ELSINORE - LAKE ELSINORE Transaction Type Trade CUSIPSecurity DescriptionSettle Par Proceeds Principal Accrued Interest Total Cost Realized G/L Realized G/L Sale Amort Cost Method PAYDOWNS 06/25/20 FNA 2018-M5 A2 DTD 04/01/2018 3.560% 09/01/2021 3136B1XP4 2,513.69 0.00 2,513.69 (50.00) 0.00 2,513.69 06/01/20 06/25/20 FHMS KP05 A DTD 12/01/2018 3.203% 07/01/2023 3137FKK39 13,116.86 0.00 13,116.86 0.04 0.00 13,116.86 06/01/20 06/25/20 FNA 2018-M5 A2 DTD 04/01/2018 3.560% 09/01/2021 3136B1XP4 502.74 0.00 502.74 (10.00) 0.00 502.74 06/01/20 06/25/20 FNA 2018-M5 A2 DTD 04/01/2018 3.560% 09/01/2021 3136B1XP4 502.74 0.00 502.74 (10.00) 0.00 502.74 06/01/20 06/15/20 CARMAX AUTO OWNER TRUST DTD 07/25/2018 3.130% 06/15/2023 14313FAD1 3,795.32 0.00 3,795.32 0.52 0.00 3,795.32 06/15/20 06/16/20 GMCAR 2018-3 A3 DTD 07/18/2018 3.020% 05/16/2023 36255JAD6 16,472.90 0.00 16,472.90 3.84 0.00 16,472.90 06/16/20 0.00 0.00 (65.60) 37,073.72 37,073.72 37,073.72 Transaction Type Sub-Total (171,516.28) 81,009.23 (90,507.05) 94.05 0.00 Managed Account Sub-Total Total Security Transactions $94.05 ($90,507.05)$81,009.23 ($171,516.28)$0.00 Page 25 For the Month Ending June 30, 2020Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE Total Settlement Dollar AmountShare or Trade Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool 129,163.03 Opening Balance 06/01/20 06/01/20 Purchase - Interest 912828R69 1.00 56,062.50 185,225.53 06/05/20 06/05/20 Purchase - Principal 06417GU22 1.00 50,770.00 235,995.53 06/05/20 06/05/20 Purchase - Principal 06417GU22 1.00 30,462.00 266,457.53 06/05/20 06/05/20 Purchase - Principal 06417GU22 1.00 304,620.00 571,077.53 06/05/20 06/05/20 Redemption - Interest 023135BQ8 1.00 (21.11) 571,056.42 06/05/20 06/05/20 Redemption - Principal 023135BQ8 1.00 (474,767.25) 96,289.17 06/08/20 06/08/20 Purchase - Interest 78012UEE1 1.00 10,935.00 107,224.17 06/08/20 06/08/20 Purchase - Interest 94974BGR5 1.00 637.50 107,861.67 06/11/20 06/11/20 Redemption - Principal 20772KJW0 1.00 (60,000.00) 47,861.67 06/15/20 06/15/20 Purchase - Interest 14041NFU0 1.00 1,146.67 49,008.34 06/15/20 06/15/20 Purchase - Interest 14313FAD1 1.00 912.92 49,921.26 06/15/20 06/15/20 Purchase - Interest 14315EAC4 1.00 980.00 50,901.26 06/15/20 06/15/20 Purchase - Interest 43815AAC6 1.00 987.50 51,888.76 06/15/20 06/15/20 Purchase - Principal 14313FAD1 1.00 3,795.32 55,684.08 06/16/20 06/16/20 Purchase - Interest 36255JAD6 1.00 707.45 56,391.53 06/16/20 06/16/20 Purchase - Interest 36256XAD4 1.00 668.25 57,059.78 06/16/20 06/16/20 Purchase - Principal 36255JAD6 1.00 16,472.90 73,532.68 06/22/20 06/22/20 Purchase - Interest 05586CAD6 1.00 840.00 74,372.68 06/22/20 06/22/20 Purchase - Interest 36256GAE9 1.00 756.25 75,128.93 06/22/20 06/22/20 Purchase - Interest 92869BAD4 1.00 880.21 76,009.14 06/22/20 06/22/20 Purchase - Principal 24422ETS8 1.00 25,243.75 101,252.89 Page 26 For the Month Ending June 30, 2020Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE Total Settlement Dollar AmountShare or Trade Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool 06/25/20 06/25/20 Purchase - Interest 3136B1XP4 1.00 470.23 101,723.12 06/25/20 06/25/20 Purchase - Interest 3137BGK24 1.00 637.92 102,361.04 06/25/20 06/25/20 Purchase - Interest 3137BM6P6 1.00 592.26 102,953.30 06/25/20 06/25/20 Purchase - Interest 3137FKK39 1.00 301.97 103,255.27 06/25/20 06/25/20 Purchase - Interest 3137FQ3V3 1.00 180.46 103,435.73 06/25/20 06/25/20 Purchase - Principal 3137FKK39 1.00 13,116.86 116,552.59 06/25/20 06/25/20 Purchase - Principal 3137FQ3V3 1.00 169.47 116,722.06 06/25/20 06/25/20 Purchase - Principal 3136B1XP4 1.00 502.74 117,224.80 06/25/20 06/25/20 Purchase - Principal 3136B1XP4 1.00 502.74 117,727.54 06/25/20 06/25/20 Purchase - Principal 3136B1XP4 1.00 2,513.69 120,241.23 06/25/20 06/25/20 Redemption - Principal 20772KKK4 1.00 (78,822.75) 41,418.48 06/25/20 06/25/20 IP Fees May 2020 1.00 (2,519.44) 38,899.04 06/25/20 06/25/20 U.S. Bank Fees April 2020 1.00 (152.92) 38,746.12 06/29/20 06/29/20 Purchase - Interest 02665WCZ2 1.00 4,800.00 43,546.12 06/30/20 06/30/20 Purchase - Interest 912828A83 1.00 118.75 43,664.87 06/30/20 06/30/20 Purchase - Interest 912828N48 1.00 131.25 43,796.12 06/30/20 06/30/20 Purchase - Interest 912828XX3 1.00 48,250.00 92,046.12 06/30/20 07/01/20 Accrual Income Div Reinvestment - Distributions 1.00 37.52 92,083.64 Page 27 For the Month Ending June 30, 2020Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE Total Settlement Dollar AmountShare or Trade Shares OwnedDate Transaction Description of TransactionUnit PriceDate 92,083.64 92,083.64 92,083.64 87,868.48 2,112.95 0.00 (5,944,893.11) 5,927,943.05 109,033.70 37.52 92,083.64 0.00 (616,283.47) 579,204.08 129,163.03 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 June January-June 0.51% Page 28