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Item No. 11 SA Investment Report August 2020
City of Lake Elsinore LW811-Si no 130 South Main Street Lake Elsinore, CA 92530 www.lake - elsinore.org Ne °— IKikr- ' City Council Agenda Report File Number: ID# 19 -748 Agenda Date: 9/22/2020 Version: 1 Status: Approval Final In Control: City Council / Successor Aqency Agenda Number: 11) SA Investment Report for August 2020 Receive and file. File Type: Successor Consent Calendar City of Lake Elsinore Page 1 Printed on 911712020 CITY OF ins LADE 9L S I NO RT M� DREAM EXTREME, REPORT TO SUCCESSOR AGENCY BOARD OF THE REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE To: Honorable Agency Chairman and Members of the Successor Agency From: Grant Yates, Executive Director Prepared by: Nancy Lassey, Finance Administrator Approved by: Jason Simpson, Assistant Executive Director Date: September 22, 2020 Subject: Investment Report for August 2020 Recommendation Receive and file the Investment Report for August 2020. Background and Discussion The Investment Report is a listing of all funds invested for the City of Lake Elsinore and includes funds held for the Successor Agency of the Redevelopment Agency of the City of Lake Elsinore as of the date shown on the report. Fiscal Impact No fiscal impact. Exhibits A: Investment Report for August 2020 CITY OF 4 LADE (3:,2LSll-i0P,E rr � DREAM EXTREME- CITY ITY OF LAKE ELSINORE INVESTMENT REPORT CITY OF LAKE ELSINORE INVESTMENT REPORT OF POOLED CASH AND INVESTMENTS AS OF AUGUST 31, 2020 BANK DEPOSITS OUTSTANDING BOOK CASH ACCOUNTS BALANCE IN TRANSIT CHECKS BALANCE Bank Accounts: General Checking Account $ 3,057,934 $ 161,514 $ (431,382) $ 2,788,066 Cash On Hand: Cashier Drawers #1 & #2 - - - 300 City of Lake Elsinore Petty Cash Fund - - - 1,000 Total Cash Accounts 3,057,934 161,514 (431,382) 2,789,366 INVESTMENTS Local Agency Investment Fund 11,350,103 - - 11,350,103 CAMP Investments: CAMP Pool Account 422,361 - - 422,361 U.S. Treasury Bond / Note 13,560,318 - - 13,560,318 Supra - National Agency Bond / Note 723,920 - - 723,920 Municipal Bond / Note 423,823 - - 423,823 Federal Agency Collateralized Mortgage Obligation 821,406 - - 821,406 Federal Agency Bond / Note 2,367,871 - - 2,367,871 Corporate Notes 7,680,550 - - 7,680,550 Negotiable Certificate of Deposit 2,125,000 - - 2,125,000 Asset - Backed Security / Collaterized Mortgage 3,162,865 - - 3,162,865 Sub -total Investments 42,638,216 - - 42,638,216 Market Value Adjustment: Unrealized Gain /(Loss) at 06/30/2020 1,308,034 - - 1,308,034 Total Investments 43,946,250 - - 43,946,250 Total Pooled Cash and Investments $ 47,004,184 $ 161,514 $ (431,382) $ 46,735,616 TOTAL POOLED CASH AND INVESTMENTS $ 46,735,616 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 September 15, 2020 Assistant City Manager ate CITY OF LAKE ELSINORE POOLED CASH AND INVESTMENTS BY FUND AS OF AUGUST 31, 2020 FUND NO FUND NAME 100 General 101 Supplemental Law Enforcement 106 Affordable Housing In Lieu 107 Developer Agreement Revenue 109 Road Maintenance and Rehabilitation (SB1) 110 State Gas Tax 112 Measure A 114 SB1186 CASP Education Program 115 Traffic Safety 118 Lake Side Facility DIF 119 Animal Shelter DIF 135 Lighting & Landscape Maintenance - Dist. No. 1 140 Geothermal 150 C.D.B.G. 160 PEG Grant 180 Launch Pointe 202 La Strada RBBD 203 E.L.S.P. - S.T.I.F. 205 Traffic Impact Fee 211 Storm Drain C.I.P. 220 Street Lighting C.I.P. 221 Quimby Park C.I.P. 231 Library C.I.P. 232 City Fire Protection 300 Insurance Service 305 Information Systems Service 320 Facilities Service 332 CFD 2006 -1 Improvement Area B, Summerly 334 CFD 2015 -5 Trieste - Far West Industries 338 CFD 2006 -1 IA -JJ Summerly Improvement Area 340 CFD 2006 -1 IA -EE Summerly Improvement Area 346 CFD 2014 -1 Southshore 352 AD 86 -1 Northwest Sewer 354 CFD 90 -2 Tuscany Hills 370 CFD 2006 -1 IA -HH Summerly Improvement 376 CFD 2006 -3 La Strada 377 CFD 2006 -6 Tessara 378 CFD 2006 -8 Running Deer Estates 384 CFD 2003 -2 Area B Canyon Hills Improvement Area 388 CFD 2007 -6 Holiday Inn Express 394 CFD 2005 -5 (2012A) Wasson Canyon AMOUNT 6,959,153 50,000 1,197,156 34,267 1,227,763 496,884 2,056,460 27,779 24,337 84,203 38,422 1,221,154 11,898 48,813 34,090 277,906 24,289 3,000,827 1,349,614 720,530 222 534,574 1,277,582 218,090 718,274 116,927 438,237 22,681 4,100 4,379 67 69,160 14,242 1,008,756 13,046 23,211 28,760 9,429 539,605 7,235 51,188 CITY OF LAKE ELSINORE POOLED CASH AND INVESTMENTS BY FUND AS OF AUGUST 31, 2020 FUND NO FUND NAME AMOUNT 395 CFD 2018 -1 Wasson Canyon II Improvement Area 3,524 396 CFD 2018 -2 Nichols Ranch Improvement Area 1,864 500 Capital Improvement Plan 7,827,530 510 Successor To RDA Area I, 11, & I II 7,824,543 540 Successor To RDA Diamond Stadium 311,399 603 Endowment Trust - Carl Graves 57,597 604 Endowment Trust - Korn Memorial 34,189 605 Public Improvement Trust 1,410,524 606 Mobile Source Air Polution Reduction 413,773 608 Trust Deposit & Pre Paid Expense 625,227 617 Successor Agency Housing 2,610,188 620 Cost Recovery System 1,213,740 631 Lake Destratification Equipment Replacement 416,208 Total Pooled Cash & Investments $ 46,735,616 CITY OF LAKE ELSINORE SUMMARY OF POLICY LIMITATIONS FOR THE MONTH ENDING AUGUST 31, 2020 MAXIMUM DIVERSIFICATION CURRENT TYPES OF SECURITIES PERCENTAGE PERCENTAGE BALANCE U.S. Treasury Bond / Note Unlimited 31.80% $ 13,560,318 Supra - National Agency Bond / Note 30% 1.70% $ 723,920 Municipal Bond / Note Unlimited 0.99% $ 423,823 Federal Agency Collaterized Mortgage Obligation 40.00% 1.93% $ 821,406 Federal Agency Bond / Note Unlimited 5.55% �'� $ 2,367,871 Negotiable Certificates of Deposit 30.00% 4.98% $ 2,125,000 Corporate Note 30.00% 18.01% $ 7,680,550 Asset - Backed Security/ Collaterized Mortgage 20% 7% $ 3,162,865 LAIF (Local Agency Investment Fund) $75 Million 26.62% (2) $ 11,350,103 CAMP - Pooled Sweep Account Unlimited 0.99% $ 422,361 TOTAL 100.00% $ 42,638,216 Note: (1) No more than 40% in any one federal agency. See CAMP Portfolio Statement for listing of agencies. (2) Investment in LAIF may not exceed $75 million in each agency. CITY OF 4 LADE (3:,2LS11-iOP,E ,�V DREAM EXTREME- Local Agency Investment Fund CITY OF LAKE ELSINORE LOCAL AGENCY INVESTMENT FUND TRANSACTION SUMMARY FOR THE MONTH ENDING AUGUST 31, 2020 Yield Purchase Date 0.784% Daily Investment Beginning Balance Net Increase /(Decrease) Total Investments Held with Local Agency Investment Fund: $ 26,350,103 $ (15,000,000) Maturity Rate 24 -Hour Ending Balance $ 11,350,103 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. % %V FS r,yjF2f Cj IN VEq,� q T, PMIA /LAIF Performance Report o d s� o as of 09/11/20 as9� FlY- 11f1U165Y� i �od �'11�ll101S'� PMIA Average Monthly Quarterly Performance Effective Yields(') Quarter Ended 06/30/20 Aug 0.784 LAIF Apportionment Rate ( 2): 1.47 Jul 0.920 LAIF Earnings Ratio ( 2): .00004012766505335 Jun 1.217 LAIF Fair Value Factor(l): 1.004912795 PMIA Daily((): 1.08% PMIA Quarter to Date(1): 1.41% PMIA Average Life(1): 191 *Revised 7/21/2020 per State Controller's Office Pooled Money Investment Account Monthly Portfolio Composition c1) 08/31/20 $113.8 billion Time I 4. Certificates of Deposit /Bank Notes 14.86% Agencies 18.01% Commercial Paper Loans 7.96% 0.60% Treasuries 54.02% Chart does not include 0.01% of mortgages. Percentages may not total 100% due to rounding. Daily rates are now available here. View PMIA Daily Rates Notes: The apportionment rate includes interest earned on the CaIPERS 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: Ill State of California, Office of the Treasurer Izl State of Calfiornia, Office of the Controller CITY OF 4 LADE (3:,2LS1HOP,E ,�V DREAM EXTREME- CAMP Investment Portfolio � r CALIJ — Account Statement - Transaction Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Opening Market Value 93,276.81 Purchases 2,921,780.02 Redemptions (2,592,695.80) Unsettled Trades 0.00 Change in Value 0.00 Closing Market Value $422,361.03 Cash Dividends and Income 190.56 Opening Market Value 32,154,673.99 Purchases 2,588,622.56 Redemptions (2,862,157.59) Unsettled Trades (54,530.25) Change in Value (63,802.69) Closing Market Value $31,762,806.02 Cash Dividends and Income 119,247.94 PFM Asset Management LLC CAMP Pool CAMP Managed Account Total CAMP Managed Account 98.69% For the Month Ending August 31, 2020 August 31, 2020 422,361.03 31,762,806.02 July 31, 2020 93,276.81 32,154,673.99 $32,185,167.05 $32,247,950.80 CAMP Pool 1.31% Page 1 C,W � r J — Managed Account Summary Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Opening Market Value Purchases Redemptions Closing Market Value Dividend $93,276.81 2,921,780.02 (2,592,695.80) $422,361.03 190.56 Interest /Dividends /Coupons Received Less Purchased Interest Related to Interest /Coupons Plus Net Realized Gains /Losses Total Cash Basis Earninas Ending Amortized Value of Securities Ending Accrued Interest Plus Proceeds from Sales Plus Proceeds of Maturities /Calls /Principal Payments Plus Coupons /Dividends Received Less Cost of New Purchases Less Beginning Amortized Value of Securities Less Beginning Accrued Interest Dividends Total Accrual Basis Earnings For the Month Ending August 31, 2020 Opening Market Value $32,154,673.99 Opening Market Value $32,247,950.80 Maturities /Calls (1,522,338.79) Principal Dispositions (1,339,818.80) Principal Acquisitions 2,588,622.56 Unsettled Trades (54,530.25) Change in Current Value (63,802.69) Closing Market Value $31,762,806.02 Closing Market Value $32,185,167.05 59,431.87 Closing Cash Balance $0.00 (1,363.69) 61,179.76 $119,247.94 30,847,080.64 31,269,441.67 Maturities /Calls 1,439,026.92 127,276.96 127,276.96 Sale Proceeds 1,346,692.05 1,654,604.80 4,247,300.60 Coupon /Interest /Dividend Income 23,531.70 1,551,365.71 1,551,365.71 Principal Payments 112,338.79 23,531.70 23,531.70 Security Purchases (2,589,986.25) (2,842,282.50) (5,764,062.52) Net Cash Contribution (331,603.21) (31,120,723.06) (31,213,999.87) Reconciling Transactions 0.00 (133,601.94) (133,601.94) 0.00 190.56 $107,252.31 $107,442.87 PFM Asset Management LLC Page 2 � r J — Portfolio Summary and Statistics CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Description Par Value Market Value Percent U.S. Treasury Bond / Note 13,350,000.00 14,088,672.73 43.77 Supra - National Agency Bond / Note 725,000.00 730,048.50 2.27 Municipal Bond / Note 420,000.00 434,367.75 1.35 Federal Agency Collateralized Mortgage 804,590.48 843,270.32 2.62 Obligation Federal Agency Bond / Note 2,375,000.00 2,377,469.75 7.39 Corporate Note 7,580,000.00 7,903,581.54 24.56 Certificate of Deposit 2,125,000.00 2,156,330.13 6.70 Asset - Backed Security 3,163,296.07 3,229,065.30 10.03 Managed Account Sub -Total 30,542,886.55 31,762,806.02 98.69% Accrued Interest 127,276.96 Total Portfolio 30,542,886.55 31,890,082.98 CAMP Pool 422,361.03 422,361.03 1.31 Total Investments 30,965,247.58 32,312,444.01 100.00% Unsettled Trades 225,000.00 35.24% 249,750.00 0 - 6 Months 6 - 12 Months 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years Over 5 Years US TSY Bond / 43 Supra - Natior Agency Bond / 2. Muni Bond / 1. Mny Mkt 1.31% For the Month Ending August 31, 2020 ABS 10.03% Cert of Deposit 6.70% Yield to Maturity at Cost Corporate Note 24.56% Fed Agency CMO 2.62% Fed Agy Bond / Note 7.39% 1.82% Yield to Maturity at Market 0.62% Weighted Average Days to Maturity 1104 PFM Asset Management LLO Page 3 � r J - Managed Account Issuer Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS PFM Asset Management LLC For the Month Ending August 31, 2020 r 7 Market Value NR Issuer of Holdings Percent AMAZON.COM INC 481,137.48 1.49 AMERICAN EXPRESS CO 202,251.60 0.63 AMERICAN HONDA FINANCE 423,320.00 1.32 APPLE INC 564,113.00 1.75 BANK OF AMERICA CO 256,210.20 0.80 BMW FINANCIAL SERVICES NA LLC 303,921.21 0.94 CAMP Pool 422,361.03 1.31 CAPITAL ONE FINANCIAL CORP 821,487.20 2.55 CARMAX AUTO OWNER TRUST 670,272.32 2.08 CATERPILLAR INC 226,198.13 0.70 CHAFFEY CA JT UNION HS DIST 105,451.00 0.33 CHARLES SCHWAB 239,382.28 0.74 CITIGROUP INC 249,750.00 0.78 CREDIT SUISSE GROUP RK 250,046.25 0.78 DEERE & COMPANY 335,167.95 1.04 FANNIE MAE 827,620.88 2.57 FEDERAL HOME LOAN BANKS 351,246.70 1.09 FREDDIE MAC 2,041,872.49 6.35 GM FINANCIAL AUTO LEASING TRUST 277,226.24 0.86 GM FINANCIAL SECURITIZED TERM 490,834.39 1.53 GOLDMAN SACHS GROUP INC 441,808.40 1.37 HERSHEY COMPANY 178,541.13 0.55 HONDA AUTO RECEIVABLES 364,740.79 1.13 IBM CORP 303,034.80 0.94 INTERNATIONAL FINANCE CORPORATION 404,964.00 1.26 INTL BANK OF RECONSTRUCTION AND DEV 325,084.50 1.01 JP MORGAN CHASE & CO 703,937.93 2.19 MINNESOTA ST 100,713.00 0.31 MORGAN STANLEY 444,132.80 1.38 NATIONAL RURAL UTILITIES CO FINANCE CORP 405,495.20 1.26 PACCAR FINANCIAL CORP 142,747.92 0.44 PEPSICO INC 282,613.24 0.88 PFM Asset Management LLC For the Month Ending August 31, 2020 r 7 AA+ 55.53% Page 4 A NR 7.37% 0.79% - A+ BBB+ 4.16% 3.68% A- AAAm 8.60% 1.31% A -1 AAA 2.50% 11.82% A -1+ AA- 2.15% 1.82% AA 0.27% AA+ 55.53% Page 4 � r J — Managed Account Issuer Summary For the Month Ending August 31, 2020 CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Total $32,185,167.05 100.000/0 PFM Asset Management LLC Page 5 Market Value Issuer of Holdings Percent PNC FINANCIAL SERVICES GROUP 436,946.80 1.36 ROYAL BANK OF CANADA 690,909.08 2.15 SKANDINAVISKA ENSKILDA BANKEN AB 412,090.00 1.28 STATE OF CONNECTICUT 140,979.30 0.44 STATE STREET CORPORATION 126,400.38 0.39 SWEDBANK AB 803,284.80 2.50 THE BANK OF NEW YORK MELLON CORPORATION 415,515.20 1.29 THE WALT DISNEY CORPORATION 415,722.40 1.29 TOYOTA MOTOR CORP 250,896.50 0.78 TRUIST FIN CORP 327,945.70 1.02 UNITED STATES TREASURY 14,088,672.73 43.78 UNIVERSITY OF CALIFORNIA 87,224.45 0.27 VOLKSWAGEN OF AMERICA 300,583.15 0.93 WELLS FARGO & COMPANY 50,312.50 0.16 Total $32,185,167.05 100.000/0 PFM Asset Management LLC Page 5 � r CALIJ — Managed Account Detail of Securities Held For the Month Ending August 31, 2020 CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/ Description S &P Moody's Trade Settle Original YTM Accrued Amortized Market Dated Date /Coupon /Maturity U.S. Treasury :. Note CUSIP Par Rating Rating Date Date Cost at Cost Interest Cost Value US TREASURY NOTES 912828A83 10,000.00 AA+ Aaa 03/30/16 03/31/16 10,502.34 2.51 40.66 10,035.01 10,073.44 DTD 12/31/2013 2.375% 12/31/2020 US TREASURY NOTES 912828N48 15,000.00 AA+ Aaa 05/27/16 05/31/16 15,268.94 2.24 44.94 15,019.43 15,079.69 DTD 12/31/2015 1.750% 12/31/2020 US TREASURY N/B NOTES 912828R69 700,000.00 AA+ Aaa 05/01/19 05/03/19 683,156.25 2.25 2,890.37 688,665.25 728,328.16 DTD 05/31/2016 1.625% 05/31/2023 US TREASURY N/B NOTES 912828R69 3,075.000.00 AA+ Aaa 06/03/19 06/07/19 3,050.856.45 1.83 12,696.98 3,058,361.87 3,199.441.56 DTD 05/31/2016 1.625% 05/31/2023 US TREASURY NOTES 912828T91 1,000,000.00 AA+ Aaa 10/02/19 10/04/19 1,005,742.19 1.48 5,475.54 1,004,457.14 1,045,937.50 DTD 10/31/2016 1.625% 10/31/2023 US TREASURY NOTES 912828T91 1,650,000.00 AA+ Aaa 07/01/19 07/03/19 1,639,107.42 1.78 9,034.65 1,642,042.42 1,725,796.88 DTD 10/31/2016 1.625% 10/31/2023 US TREASURY N/B NOTES 912828XX3 325,000.00 AA+ Aaa 02/03/20 02/07/20 333.823.24 1.36 1,112.77 332,685.29 347,242.19 DTD 06/30/2017 2.000% 06/30/2024 US TREASURY N/B NOTES 912828XX3 500,000.00 AA+ Aaa 03/02/20 03/06/20 524,355.47 0.85 1,711.96 521,590.96 534,218.75 DTD 06/30/2017 2.000% 06/30/2024 US TREASURY N/B NOTES 912828XX3 875,000.00 AA+ Aaa 11/01/19 11/06/19 892,705.08 1.55 2,995.92 889,576.97 934,882.81 DTD 06/30/2017 2.000% 06/30/2024 US TREASURY N/B NOTES 912828XX3 2,700,000.00 AA+ Aaa 01/02/20 01/07/20 2,739,761.72 1.66 9,244.57 2,733,977.31 2,884,781.25 DTD 06/30/2017 2.000% 06/30/2024 US TREASURY N/B 912828YYO 500,000.00 AA+ Aaa 08/05/20 08/07/20 534,414.06 0.18 1,497.96 533,878.68 532,578.10 DTD 12/31/2019 1.750% 12/31/2024 US TREASURY N/B 912828YYO 2,000,000.00 AA+ Aaa 07/01/20 07/06/20 2,130,625.00 0.28 5,991.85 2,126,082.21 2,130,312.40 DTD 12/31/2019 1.750% 12/31/2024 Security Type Sub -Total 13,350,000.00 13,560,318.16 1.42 52,738.17 13,556,372.54 14,088,672.73 Supra-National Agency :. Note PFM Asset Management LLC Page 6 � r CALIJ _ Mnnnnorl Areniinf llotnil of Coe -iiritioc 14xalel For the Month Endin4 Auaust 31, 2020 5 CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/ Description S &P Moody's Trade Settle Original YTM Accrued Amortized Market Dated Date /Coupon /Maturity Supra-National Agency Bond / Note CUSIP Par Rating Rating Date Date Cost at Cost Interest Cost Value INTL BANK OF RECONSTRUCTION AND DEV 45905UP32 50,000.00 AAA Aaa 09/12/17 09/19/17 49,880.00 1.64 366.40 49,998.67 50,013.00 NOTE DTD 09/19/2017 1.561% 09/12/2020 INTL BANK OF RECONSTRUCTION AND DEV 45905UP32 125.000.00 AAA Aaa 09/12/17 09/19/17 124.700.00 2.45 916.00 124,996.97 125,032.50 NOTE DTD 09/19/2017 1.561% 09/12/2020 INTL BANK OF RECONSTRUCTION AND DEV 45905UP32 150,000.00 AAA Aaa 09/12/17 09/19/17 149,640.00 2.45 1,099.20 149,996.36 150,039.00 NOTE DTD 09/19/2017 1.561% 09/12/2020 INTERNATIONAL FINANCE CORPORATION 45950VLO7 50,000.00 AAA Aaa 03/09/18 03/16/18 49,962.50 2.97 629.47 49,993.49 50,620.50 NOTE DTD 03/16/2018 2.635% 03/09/2021 INTERNATIONAL FINANCE CORPORATION 45950VLO7 50,000.00 AAA Aaa 03/09/18 03/16/18 49,962.50 2.97 629.47 49,993.49 50,620.50 NOTE DTD 03/16/2018 2.635% 03/09/2021 INTERNATIONAL FINANCE CORPORATION 45950VLO7 300,000.00 AAA Aaa 03/09/18 03/16/18 299,775.00 2.66 3,776.84 299,960.95 303,723.00 NOTE DTD 03/16/2018 2.635% 03/09/2021 Security Type Sub -Total Municipal :. Note 725,000.00 723,920.00 2.55 7,417.38 724,939.93 730,048.50 CT ST TXBL GO BONDS 20772KJWO 60,000.00 A Al 05/29/20 06/11/20 60,000.00 2.00 266.40 60,000.00 62,368.80 DTD 06/11/2020 1.998% 07/01/2024 CHAFFEY UHSD, CA TXBL GO BONDS 157411TK5 100,000.00 AA- Aal 11/06/19 12/05/19 100,000.00 2.10 175.08 100,000.00 105,451.00 DTD 12/05/2019 2.101% 08/01/2024 UNIV OF CAL TXBL REV BONDS 91412HGE7 85,000.00 AA Aa2 07/10/20 07/16/20 85,000.00 0.88 93.82 85,000.00 87,224.45 DTD 07/16/2020 0.883% 05/15/2025 CT ST T/E GO BONDS 20772KKK4 75,000.00 A Al 06/12/20 06/25/20 78,822.75 0.94 275.00 78,678.50 78,610.50 DTD 06/25/2020 2.000% 06/01/2025 PFM Asset Management LLC Page 7 � r CALIJ _ Mnnnnorl Areniinf llotnil of Coe -iiritioc 14xalel For the Month Endina Au4ust 31, 2020 5 CITY OF LAKE ELSINORE - LAKE ELSINORE Security Type/ Description Dated Date /Coupon /Maturity CUSIP Municipal Bond / Note MN ST TXBL GO BONDS 60412AVJ9 DTD 08/25/2020 0.630% 08/01/2025 - CITY FUNDS S &P Par Rating 100,000.00 AAA Moody's Rating Aal Trade Date 08/11/20 Settle Date 08/25/20 Original Cost 100,000.00 YTM at Cost 0.63 Accrued Interest 10.50 Amortized Cost 100,000.00 Market Value 100,713.00 Security Type Sub -Total 420,000.00 423,822.75 1.29 820.80 423,678.50 434,367.75 Federal Agency Collateralized Mortgage Obligation FNA 2018 -M5 A2 3136B1XP4 17,790.46 AA+ Aaa 04/11/18 04/30/18 18,144.33 3.11 52.78 17,892.89 17,930.70 DTD 04/01/2018 3.560% 09/01/2021 FNA 2018 -M5 A2 3136B1XP4 17,790.46 AA+ Aaa 04/11/18 04/30/18 18,144.33 3.11 52.78 17,892.89 17,930.70 DTD 04/01/2018 3.560% 09/01/2021 FNA 2018 -M5 A2 3136B1XP4 88,952.28 AA+ Aaa 04/11/18 04/30/18 90,721.62 2.93 263.89 89,464.38 89,653.53 DTD 04/01/2018 3.560% 09/01/2021 FHLMC SERIES K721 A2 3137BM6P6 35,000.00 AA+ Aaa 04/04/18 04/09/18 35,298.05 3.09 90.12 35,132.28 36,092.96 DTD 12/01/2015 3.090% 08/01/2022 FHLMC SERIES K721 A2 3137BM6P6 35,000.00 AA+ Aaa 04/04/18 04/09/18 35,298.05 3.08 90.12 35,132.28 36,092.96 DTD 12/01/2015 3.090% 08/01/2022 FHLMC SERIES K721 A2 3137BM6P6 160,000.00 AA+ Aaa 04/04/18 04/09/18 161,362.50 2.88 412.00 160,604.69 164,996.38 DTD 12/01/2015 3.090% 08/01/2022 FHMS KP05 A 3137FKK39 99,660.33 AA+ Aaa 12/07/18 12/17/18 99,660.03 3.20 266.01 99,660.14 102,555.46 DTD 12/01/2018 3.203% 07/01/2023 FHMS K327 Al 3137FO3V3 100,396.96 AA+ Aaa 11/20/19 11/26/19 100,394.55 2.09 175.03 100,394.95 103,732.79 DTD 11/01/2019 2.092% 07/01/2024 FHMS K043 A2 3137BGK24 250,000.00 AA+ Aaa 03/19/20 03/25/20 262,382.81 1.95 637.92 261,225.54 274,284.84 DTD 03/01/2015 3.062% 12/01/2024 Security Type Sub -Total 804,590.48 821,406.27 2.55 2,040.65 817,400.04 843,270.32 Federal Agency Bond / Note FREDDIE MAC NOTES 3137EAEV7 900,000.00 AA+ Aaa 08/19/20 08/21/20 899,082.00 0.28 62.50 899,091.20 900,494.10 DTD 08/21/2020 0.250% 08/24/2023 PFM Asset Management LLC Page 8 � r CALIJ _ Mnnnnorl Areniinf Ilotnil of Cxariiritioc 14xalel 5 Amortized WELLS FARGO & COMPANY NOTES 94974BGR5 DTD 12/07/2015 2.550% 12/07/2020 Value BRANCH BANKING & TRUST(CALLABLE) 05531FAZ6 CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS 353.261.30 BRANCH BANKING & TRUST(CALLABLE) 05531FAZ6 NOTES 14.58 Security Type/ Description 348,844.65 S &P Moody's Trade Settle Original YTM Dated Date /Coupon /Maturity CUSIP Federal Agency Bond / Note Par Rating Rating Date Date Cost at Cost FEDERAL HOME LOAN BANK NOTES 3130AJHU6 350,000.00 AA+ Aaa 04/15/20 04/16/20 348,264.00 0.60 DTD 04/16/2020 0.500% 04/14/2025 25,000.00 A A2 02/21/18 02/26/18 24,972.25 3.17 FANNIE MAE NOTES 3135G03U5 350,000.00 AA+ Aaa 04/22/20 04/24/20 349.279.00 0.67 DTD 04/24/2020 0.625% 04/22/2025 FREDDIE MAC NOTES 3137EAEU9 425,000.00 AA+ Aaa 07/21/20 07/23/20 422,883.50 0.48 DTD 07/23/2020 0.375% 07/21/2025 FANNIE MAE NOTES 3135G05X7 350,000.00 AA+ Aaa 08/25/20 08/27/20 348,362.00 0.47 DTD 08/27/2020 0.375% 08/25/2025 Security Type Sub -Total Corporate Amortized WELLS FARGO & COMPANY NOTES 94974BGR5 DTD 12/07/2015 2.550% 12/07/2020 Value BRANCH BANKING & TRUST(CALLABLE) 05531FAZ6 NOTES 771.70 DTD 10/26/2017 2.150% 02/01/2021 353.261.30 BRANCH BANKING & TRUST(CALLABLE) 05531FAZ6 NOTES 14.58 DTD 10/26/2017 2.150% 02/01/2021 348,844.65 BRANCH BANKING & TRUST (CALLABLE) 05531FAZ6 NOTES A DTD 10/26/2017 2.150% 02/01/2021 02/01/18 IBM CORP CORP NOTES 44932HAG8 DTD 02/06/2018 2.650% 02/05/2021 574.17 NATIONAL RURAL UTIL COOP NOTE 63743HER9 DTD 02/26/2018 2.900% 03/15/2021 A NATIONAL RURAL UTIL COOP NOTE 63743HER9 DTD 02/26/2018 2.900% 03/15/2021 24,894.25 2,375,000.00 2,367,870.50 0.45 50,000.00 BBB+ A2 05/06/16 05/10/16 51,108.00 2.96 25,000.00 A- A3 10/23/17 10/26/17 24,988.50 3.00 For the Month Ending August 31, 2020 Accrued Amortized Market Interest Cost Value 656.25 348,395.34 351,246.70 771.70 349,330.39 353.261.30 168.23 422,929.91 423,623.00 14.58 348,366.49 348,844.65 1,673.26 297.50 44.79 2,368,113.33 2,377,469.75 50,066.02 50,312.50 24,998.53 25,155.70 25,000.00 A- A3 10/23/17 10/26/17 24,988.50 3.00 44.79 24,998.53 25,155.70 75,000.00 A- A3 10/23/17 10/26/17 74,965.50 2.17 134.38 74,995.58 75,467.10 300,000.00 A A2 02/01/18 02/06/18 299,853.00 2.67 574.17 299,978.92 303,034.80 25,000.00 A A2 02/21/18 02/26/18 24,894.25 3.17 334.31 24,981.47 25,343.45 25,000.00 A A2 02/21/18 02/26/18 24,972.25 3.17 334.31 24,995.14 25,343.45 PFM Asset Management LLC Page 9 � r CALIJ _ Mnnnnorl Areniint llotnil of Coe -iiritioc 44olel For the Month Endina Auaust 31, 2020 5 CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/ Description S &P Moody's Trade Settle Original YTM Accrued Amortized Market Dated Date /Coupon /Maturity CUSIP Corporate Par Rating Rating Date Date Cost at Cost Interest Cost Value NATIONAL RURAL UTIL COOP NOTE 63743HER9 25,000.00 A A2 04/12/18 04/19/18 24,894.25 3.18 334.31 24,980.56 25,343.45 DTD 02/26/2018 2.900% 03/15/2021 NATIONAL RURAL UTIL COOP NOTE 63743HER9 25,000.00 A A2 04/12/18 04/19/18 24,972.25 3.18 334.31 24,994.90 25,343.45 DTD 02/26/2018 2.900% 03/15/2021 NATIONAL RURAL UTIL COOP NOTE 63743HER9 125,000.00 A A2 02/21/18 02/26/18 124,861.25 2.94 1,671.53 124,975.69 126,717.25 DTD 02/26/2018 2.900% 03/15/2021 NATIONAL RURAL UTIL COOP NOTE 63743HER9 175,000.00 A A2 04/12/18 04/19/18 174,259.75 3.05 2,340.14 174,863.95 177,404.15 DTD 02/26/2018 2.900% 03/15/2021 TOYOTA MOTOR CREDIT CORP NOTES 89236TEU5 50,000.00 A+ Al 04/10/18 04/13/18 49,980.00 3.05 565.42 49,995.91 50,776.30 DTD 04/13/2018 2.950% 04/13/2021 PEPSICO INC CORP (CALLABLE) NOTE 713448DX3 40,000.00 A+ Al 10/05/17 10/10/17 39,992.00 2.78 302.22 39,998.59 40,373.32 DTD 10/10/2017 2.000% 04/15/2021 PEPSICO INC CORP (CALLABLE) NOTE 713448DX3 40,000.00 A+ Al 10/05/17 10/10/17 39,992.00 2.78 302.22 39,998.59 40,373.32 DTD 10/10/2017 2.000% 04/15/2021 BANK OF NEW YORK MELLON CORP 06406FAAl 50,000.00 A Al 05/16/16 05/19/16 51,149.00 2.90 472.22 50,127.23 50,607.00 (CALLABLE) DTD 02/19/2016 2.500% 04/15/2021 BANK OF NEW YORK MELLON CORP 06406FAA1 50,000.00 A Al 05/16/16 05/19/16 51,149.00 2.90 472.22 50,127.23 50,607.00 (CALLABLE) DTD 02/19/2016 2.500% 04/15/2021 BANK OF NEW YORK MELLON CORP 06406FAAl 100,000.00 A Al 05/16/16 05/19/16 102,326.00 2.00 944.45 100,275.08 101,214.00 (CALLABLE) DTD 02/19/2016 2.500% 04/15/2021 PEPSICO INC CORP (CALLABLE) NOTE 713448DX3 200,000.00 A+ Al 10/05/17 10/10/17 199,960.00 2.01 1,511.11 199,992.95 201,866.60 DTD 10/10/2017 2.000% 04/15/2021 AMERICAN EXPRESS CREDIT (CALLABLE) 0258MOEB1 200,000.00 A- A2 05/25/16 05/31/16 199,536.00 2.30 1,450.00 199,936.59 202,251.60 NOTES DTD 05/05/2016 2.250% 05/05/2021 PACCAR FINANCIAL CORP 69371RP26 20,000.00 A+ Al 05/07/18 05/10/18 19,994.80 3.07 191.17 19,998.81 20,392.56 DTD 05/10/2018 3.100% 05/10/2021 PFM Asset Management LLC Page 10 CALIJ� r _ M�n�norl Ar�n��nt Ilotnil of Coe���ritioc 1 -lolrl 5 CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/ Description S &P Moody's Trade Settle Original YTM Dated Date /Coupon /Maturity CUSIP Par Rating Rating Date Date Cost at Cost PACCAR FINANCIAL CORP DTD 05/10/2018 3.100% 05/10/2021 BRANCH BANKING & TRUST (CALLABLE) NOTE DTD 05/10/2016 2.050% 05/10/2021 BRANCH BANKING & TRUST (CALLABLE) NOTE DTD 05/10/2016 2.050% 05/10/2021 PACCAR FINANCIAL CORP DTD 05/10/2018 3.100% 05/10/2021 BRANCH BANKING & TRUST (CALLABLE) NOTE DTD 05/10/2016 2.050% 05/10/2021 HERSHEY COMPANY CORP NOTES DTD 05/10/2018 3.100% 05/15/2021 HERSHEY COMPANY CORP NOTES DTD 05/10/2018 3.100% 05/15/2021 HERSHEY COMPANY CORP NOTES DTD 05/10/2018 3.100% 05/15/2021 STATE STREET CORP NOTES DTD 05/19/2016 1.950% 05/19/2021 STATE STREET CORP NOTES DTD 05/19/2016 1.950% 05/19/2021 STATE STREET CORP NOTES DTD 05/19/2016 1.950% 05/19/2021 CHARLES SCHWAB CORP NOTES DTD 05/22/2018 3.250% 05/21/2021 CHARLES SCHWAB CORP NOTES DTD 05/22/2018 3.250% 05/21/2021 For the Month Ending August 31, 2020 Accrued Amortized Market Interest Cost Value 69371RP26 20,000.00 A+ Al 05/07/18 05/10/18 19,994.80 3.07 191.17 19,998.81 20,392.56 05531FAV5 25,000.00 A- A3 05/10/16 05/16/16 24,983.50 2.78 158.02 24,997.72 25,270.90 05531FAV5 25,000.00 A- A3 05/10/16 05/16/16 24,983.50 2.78 158.02 24,997.72 25,270.90 69371RP26 100,000.00 A+ Al 05/07/18 05/10/18 99,974.00 3.11 955.84 99,994.05 101,962.80 05531FAV5 150,000.00 A- A3 05/10/16 05/16/16 149,901.00 2.06 948.13 149,986.35 151,625.40 427866BA5 25,000.00 A Al 05/03/18 05/10/18 24,982.75 3.09 228.19 24,995.99 25,505.88 427866BA5 25,000.00 A Al 05/03/18 05/10/18 24,982.75 3.09 228.19 24,995.99 25,505.88 427866BA5 125,000.00 A Al 05/03/18 05/10/18 124,913.75 3.12 1,140.97 124,979.95 127,529.37 857477AV5 25,000.00 A Al 05/19/16 05/24/16 24,905.50 2.64 138.13 24,986.51 25,280.08 857477AV5 25,000.00 A Al 05/19/16 05/24/16 24,905.50 2.64 138.13 24,986.51 25,280.08 857477AV5 75,000.00 A Al 05/19/16 05/24/16 74,716.50 2.03 414.38 74,959.52 75,840.22 808513AW5 35,000.00 A A2 05/17/18 05/22/18 34,998.95 3.18 315.97 34,999.75 35,652.68 808513AW5 200,000.00 A A2 05/17/18 05/22/18 199,994.00 3.25 1,805.56 199,998.56 203,729.60 PFM Asset Management LLC Page 11 CALIJ� r _ M�n�norl Ar�n��nt Ilotnil of Coe���ritioc 1 -lolrl 5 CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/ Description S &P Moody's Trade Settle Original YTM Dated Date /Coupon /Maturity CUSIP Par Rating Rating Date Date Cost at Cost JOHN DEERE CAPITAL CORP NOTES 24422ETL3 DTD 01/06/2017 2.650% 01/06/2022 03/10/17 JOHN DEERE CAPITAL CORP NOTES 24422ETL3 DTD 01/06/2017 2.650% 01/06/2022 202.43 JPMORGAN CHASE & CO BONDS 46647PBB1 DTD 03/22/2019 3.207% 04/01/2023 A CATERPILLAR FINL SERVICE CORPORATE 14913R2D8 NOTES 273.787.25 DTD 07/08/2020 0.650% 07/07/2023 1,113.37 TOYOTA MOTOR CREDIT CORP CORPORATE 89236THF5 NOTES A- DTD 08/14/2020 0.500% 08/14/2023 03/15/19 PNC BANK NA CORP NOTES 693475AV7 DTD 01/23/2019 3.500% 01/23/2024 9,019.69 MORGAN STANLEY CORP NOTES 61746BDO6 DTD 04/28/2014 3.875% 04/29/2024 A AMERICAN HONDA FINANCE CORP NOTE 02665WCZ2 DTD 06/27/2019 2.400% 06/27/2024 224,874.00 GOLDMAN SACHS GROUP INC BONDS 38141EC23 DTD 07/08/2014 3.850% 07/08/2024 226,198.13 WALT DISNEY COMPANY /THE 254687FK7 DTD 09/06/2019 1.750% 08/30/2024 08/11/20 BANK OF NY MELLON CORP 06406RALl DTD 10/24/2019 2.100% 10/24/2024 47.22 CITIGROUP INC CORP NOTES 1729673P7 DTD 04/27/2015 3.300% 04/27/2025 A- APPLE INC (CALLABLE) CORP NOTES 037833DT4 DTD 05/11/2020 1.125% 05/11/2025 402,848.00 For the Month Ending August 31, 2020 Accrued Amortized Market Interest Cost Value 50,000.00 A A2 03/10/17 03/15/17 49,779.50 3.04 202.43 49,938.29 51,564.30 275.000.00 A A2 03/10/17 03/15/17 273.787.25 2.75 1,113.37 274,660.60 283,603.65 675,000.00 A- A2 03/15/19 03/22/19 675,000.00 3.21 9,019.69 675,000.00 703,937.93 225,000.00 A A3 07/06/20 07/08/20 224,874.00 0.67 215.31 224,880.33 226,198.13 200,000.00 A+ Al 08/11/20 08/14/20 199,846.00 0.53 47.22 199,848.53 200,120.20 400,000.00 A- A3 02/12/19 02/15/19 402,848.00 3.34 1,477.78 401,957.11 436,946.80 400,000.00 BBB+ A3 07/19/19 07/23/19 422,916.00 2.59 5,252.78 417,575.07 444,132.80 400,000.00 A- A3 07/11/19 07/15/19 398,016.00 2.51 1,706.67 398,470.05 423,320.00 400,000.00 BBB+ A3 07/08/19 07/11/19 418.632.00 2.84 2,267.22 414,362.17 441,808.40 400,000.00 A- A2 09/03/19 09/06/19 398,368.00 1.84 19.44 398,691.71 415,722.40 200,000.00 A Al 01/21/20 01/28/20 200,880.00 2.00 1,481.67 200,769.68 213,087.20 225,000.00 BBB+ A3 08/28/20 09/01/20 249,738.75 0.88 2,557.50 249,738.75 249,750.00 550,000.00 AA+ Aal 05/11/20 05/13/20 551,105.50 1.08 1,890.63 551,037.10 564,113.00 PFM Asset Management LLC Page 12 � r CALIJ _ Mnnnnorl Areniinf llotnil of Coe -iiritioc 14xalel For the Month Endina Au4ust 31, 2020 5 CITY OF LAKE ELSINORE - LAKE ELSINORE Security Type/ Description Dated Date /Coupon /Maturity CUSIP Corporate AMAZON.COM INC CORPORATE NOTES 023135BO8 DTD 06/03/2020 0.800% 06/03/2025 BANK OF AMERICA CORP NOTES 06051GFS3 DTD 07/30/2015 3.875% 08/01/2025 - CITY FUNDS S &P Par Rating 475,000.00 AA- 225,000.00 A- Moody's Rating A2 A2 Trade Date 06/03/20 08/18/20 Settle Date 06/05/20 08/20/20 Original Cost 474,767.25 256.918.50 YTM at Cost 0.81 0.93 Accrued Interest 928.89 726.56 Amortized Cost 474,778.48 256,706.53 Market Value 481,137.48 256,210.20 Security Type Sub -Total 7,580,000.00 7,680,549.55 2.25 48,383.43 7,668,572.10 7,903,581.54 Deposit Certificate of SWEDBANK (NEW YORK) CERT DEPOS 87019U6D6 100,000.00 A -1 P -1 11/16/17 11/17/17 100,000.00 3.01 668.39 100,000.00 100,410.60 DTD 11/17/2017 2.270% 11/16/2020 SWEDBANK (NEW YORK) CERT DEPOS 87019U6D6 100,000.00 A -1 P -1 11/16/17 11/17/17 100,000.00 3.01 668.39 100,000.00 100,410.60 DTD 11/17/2017 2.270% 11/16/2020 SWEDBANK (NEW YORK) CERT DEPOS 87019U6D6 600,000.00 A -1 P -1 11/16/17 11/17/17 600,000.00 2.27 4,010.33 600,000.00 602,463.60 DTD 11/17/2017 2.270% 11/16/2020 ROYAL BANK OF CANADA NY CD 78012UEE1 50,000.00 A -1+ P -1 06/07/18 06/08/18 50,000.00 2.98 378.00 50,000.00 51,178.45 DTD 06/08/2018 3.240% 06/07/2021 ROYAL BANK OF CANADA NY CD 78012UEE1 100,000.00 A -1+ P -1 06/07/18 06/08/18 100,000.00 2.98 756.00 100,000.00 102,356.90 DTD 06/08/2018 3.240% 06/07/2021 ROYAL BANK OF CANADA NY CD 78012UEE1 525,000.00 A -1+ P -1 06/07/18 06/08/18 525,000.00 3.24 3,969.00 525,000.00 537,373.73 DTD 06/08/2018 3.240% 06/07/2021 CREDIT SUISSE NEW YORK CERT DEPOS 22549L6F7 250,000.00 A+ Al 08/05/20 08/07/20 250,000.00 0.52 90.28 250,000.00 250,046.25 DTD 08/07/2020 0.520% 02/01/2022 SKANDINAV ENSKILDA BANK LT CD 83050PDR7 400,000.00 A+ Aa2 08/29/19 09/03/19 400,000.00 1.85 124.00 400,000.00 412,090.00 DTD 09/03/2019 1.860% 08/26/2022 Security Type Sub -Total Asset-Backed Security 2,125,000.00 2,125,000.00 2.35 10,664.39 2,125,000.00 2,156,330.13 BMWLT 2018 -1 A4 05586CAD6 300,000.00 AAA Aaa 10/10/18 10/17/18 299,997.33 3.36 308.00 299,998.79 303,921.21 DTD 10/17/2018 3.360% 03/20/2022 PFM Asset Management LLC Page 13 � r CALIJ _ Mnnnnorl Areniinf llotnil of Coe -iiritioc 14xalel For the Month Endin4 Auaust 31, 2020 5 CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/ Description S &P Moody's Trade Settle Original YTM Accrued Amortized Market Dated Date /Coupon /Maturity CUSIP Asset-Backed Security Par Rating Rating Date Date Cost at Cost Interest Cost Value GMALT 2018 -3 A4 36256GAE9 275,000.00 AAA Aaa 09/18/18 09/26/18 274,964.97 3.30 277.29 274,982.72 277,226.24 DTD 09/26/2018 3.300% 07/20/2022 HAROT 2018 -4 A3 43815AAC6 357,722.63 AAA Aaa 11/20/18 11/28/18 357.669.15 3.16 502.40 357,691.94 364,740.79 DTD 11/28/2018 3.160% 01/15/2023 VALET 2018 -2 A3 92869BAD4 294,219.36 AAA Aaa 11/15/18 11/21/18 294,207.01 3.25 292.18 294,211.99 300,583.15 DTD 11/21/2018 3.250% 04/20/2023 GMCAR 2018 -3 A3 362553AD6 231,767.28 AAA NR 07/11/18 07/18/18 231,713.23 3.03 291.64 231,737.02 235,992.63 DTD 07/18/2018 3.020% 05/16/2023 CARMAX AUTO OWNER TRUST 14313FAD1 304,909.44 AAA NR 07/18/18 07/25/18 304,867.89 3.13 424.16 304,885.78 310,813.71 DTD 07/25/2018 3.130% 06/15/2023 CARMAX AUTO OWNER TRUST 14315EAC4 350,000.00 AAA NR 10/17/18 10/24/18 349,996.78 3.36 522.67 349,998.00 359,458.61 DTD 10/24/2018 3.360% 09/15/2023 GMCAR 2019 -1 A3 36256XAD4 249,677.36 NR Aaa 01/08/19 01/16/19 249,649.72 2.97 308.98 249,659.02 254,841.76 DTD 01/16/2019 2.970% 11/16/2023 COMET 2019 -A2 A2 14041NFUO 800,000.00 AAA NR 08/28/19 09/05/19 799,798.56 1.73 611.56 799,838.94 821,487.20 DTD 09/05/2019 1.720% 08/15/2024 Security Type Sub -Total 3,163,296.07 3,162,864.64 2.83 3,538.88 3,163,004.20 3,229,065.30 Managed Account Sub -Total 30,542,886.55 30,865,751.87 1.82 127,276.96 30,847,080.64 31,762,806.02 Money Market Mutual Fund CAMP Pool 422,361.03 AAAm NR 422,361.03 0.00 422,361.03 422,361.03 Money Market Sub -Total 422,361.03 422,361.03 0.00 422,361.03 422,361.03 Securities Sub -Total $30,965,247.58 $31,288,112.90 1.82% $127,276.96 $31,269,441.67 32,185,167.05 Accrued Interest $127,276.96 Total Investments 32,312,444.01 PFM Asset Management LLC Page 14 17AALIJ--j � I Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Bolded items are forward settling trades. For the Month Ending August 31, 2020 PFM Asset Management LLC Page 15 � r � CAE1J__F___ Mnnnnnrl Airemint emir Mmrlrot Vnimm IL Annhitiec For the Month Endina Auaust 31, 2020 CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/ Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Dated Date /Coupon /Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost Duration at Mkt US TREASURY NOTES 912828A83 10,000.00 MERRILL 100.73 10,073.44 (428.90) 38.43 0.33 0.16 DTD 12/31/2013 2.375% 12/31/2020 US TREASURY NOTES 912828N48 15,000.00 MORGANST 100.53 15,079.69 (189.25) 60.26 0.33 0.15 DTD 12/31/2015 1.750% 12/31/2020 US TREASURY N/B NOTES 912828R69 700,000.00 MORGANSS 104.05 728,328.16 45,171.91 39,662.91 2.69 0.15 DTD 05/31/2016 1.625% 05/31/2023 US TREASURY N/B NOTES 912828R69 3,075,000.00 MORGANSS 104.05 3,199,441.56 148,585.11 141,079.69 2.69 0.15 DTD 05/31/2016 1.625% 05/31/2023 US TREASURY NOTES 912828T91 1,000,000.00 BNP_PARI 104.59 1,045,937.50 40,195.31 41,480.36 3.08 0.17 DTD 10/31/2016 1.625% 10/31/2023 US TREASURY NOTES 912828T91 1,650,000.00 MERRILL 104.59 1,725,796.88 86,689.46 83,754.46 3.08 0.17 DTD 10/31/2016 1.625% 10/31/2023 US TREASURY N/B NOTES 912828XX3 325,000.00 HSBC 106.84 347,242.19 13,418.95 14,556.90 3.70 0.21 DTD 06/30/2017 2.000% 06/30/2024 US TREASURY N/B NOTES 912828XX3 500,000.00 HSBC 106.84 534,218.75 9,863.28 12,627.79 3.70 0.21 DTD 06/30/2017 2.000% 06/30/2024 US TREASURY N/B NOTES 912828XX3 875,000.00 MORGANSS 106.84 934,882.81 42,177.73 45,305.84 3.70 0.21 DTD 06/30/2017 2.000% 06/30/2024 US TREASURY N/B NOTES 912828XX3 2,700,000.00 HSBC 106.84 2,884,781.25 145,019.53 150,803.94 3.70 0.21 DTD 06/30/2017 2.000% 06/30/2024 US TREASURY N/B 912828YYO 500,000.00 WELLS _F 106.52 532,578.10 (1,835.96) (1,300.58) 4.18 0.24 DTD 12/31/2019 1.750% 12/31/2024 US TREASURY N/B 912828YYO 2,000,000.00 WELLS _F 106.52 2,130,312.40 (312.60) 4,230.19 4.18 0.24 DTD 12/31/2019 1.750% 12/31/2024 Security Type Sub -Total 13,350,000.00 14,088,672.73 528,354.57 532,300.19 3.38 0.19 INTL BANK OF RECONSTRUCTION AND 45905UP32 50,000.00 HSBC 100.03 50,013.00 133.00 14.33 0.03 0.78 DEV NOTE DTD 09/19/2017 1.561% 09/12/2020 INTL BANK OF RECONSTRUCTION AND 45905UP32 125,000.00 HSBC 100.03 125,032.50 332.50 35.53 0.03 0.78 DEV NOTE DTD 09/19/2017 1.561% 09/12/2020 PFM Asset Management LLC Page 16 � F- � CAE1J__F___ Mnnnnnrl Airemint emir Mmrlrot Vnimm IL Annhitiec For the Month Endin4 Auaust 31, 2020 CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/ Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Dated Date /Coupon /Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost Duration at Mkt INTL BANK OF RECONSTRUCTION AND 45905UP32 150,000.00 HSBC 100.03 150,039.00 399.00 42.64 0.03 0.78 DEV NOTE DTD 09/19/2017 1.561% 09/12/2020 157411TK5 100,000.00 RBC 105.45 105,451.00 5,451.00 5,451.00 3.78 0.69 INTERNATIONAL FINANCE CORPORATION 45950VLO7 50,000.00 HSBC 101.24 50,620.50 658.00 627.01 0.52 0.27 NOTE 91412HGE7 85,000.00 JPM_CHA 04/15/25 102.62 87,224.45 2,224.45 2,224.45 4.62 0.32 DTD 03/16/2018 2.635% 03/09/2021 INTERNATIONAL FINANCE CORPORATION 45950VLO7 50,000.00 HSBC 101.24 50,620.50 658.00 627.01 0.52 0.27 NOTE DTD 03/16/2018 2.635% 03/09/2021 60412AV19 100,000.00 MORGAN_ 100.71 100,713.00 713.00 713.00 4.85 0.48 INTERNATIONAL FINANCE CORPORATION 45950VLO7 300,000.00 HSBC 101.24 303,723.00 3,948.00 3,762.05 0.52 0.27 NOTE DTD 03/16/2018 2.635% 03/09/2021 Security Type Sub -Total 725,000.00 730,048.50 6,128.50 5,108.57 0.30 0.50 CT ST TXBL GO BONDS 20772KJW0 60,000.00 SIEBERT 103.95 62,368.80 2,368.80 2,368.80 3.70 0.95 DTD 06/11/2020 1.998% 07/01/2024 CHAFFEY UHSD, CA TXBL GO BONDS 157411TK5 100,000.00 RBC 105.45 105,451.00 5,451.00 5,451.00 3.78 0.69 DTD 12/05/2019 2.101% 08/01/2024 UNIV OF CAL TXBL REV BONDS 91412HGE7 85,000.00 JPM_CHA 04/15/25 102.62 87,224.45 2,224.45 2,224.45 4.62 0.32 DTD 07/16/2020 0.883% 05/15/2025 CT ST T/E GO BONDS 20772KKK4 75,000.00 MORGAN_ 104.81 78,610.50 (212.25) (68.00) 4.55 0.96 DTD 06/25/2020 2.000% 06/01/2025 MN ST TXBL GO BONDS 60412AV19 100,000.00 MORGAN_ 100.71 100,713.00 713.00 713.00 4.85 0.48 DTD 08/25/2020 0.630% 08/01/2025 Security Type Sub -Total 420,000.00 434,367.75 10,545.00 10,689.25 4.32 0.65 FNA 2018 -M5 A2 3136B1XP4 17,790.46 3PM_CHAS 100.79 17,930.70 (213.63) 37.81 0.60 2.76 DTD 04/01/2018 3.560% 09/01/2021 FNA 2018 -M5 A2 3136B1XP4 17,790.46 3PM_CHAS 100.79 17,930.70 (213.63) 37.81 0.60 2.76 DTD 04/01/2018 3.560% 09/01/2021 PFM Asset Management LLC Page 17 � F- � CAE1J__F___ Mnnnnnrl Airemint emir Mmrlrot Vnimm IL Annhitiec For the Month Endin4 Auaust 31, 2020 CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/ Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Dated Date /Coupon /Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost Duration at Mkt FNA 2018 -M5 A2 3136B1XP4 88,952.28 3PM_CHAS 100.79 89,653.53 (1,068.09) 189.15 0.60 2.76 DTD 04/01/2018 3.560% 09/01/2021 FHLMC SERIES K721 A2 3137BM6P6 35,000.00 CITIGRP 103.12 36,092.96 794.91 960.68 1.74 1.44 DTD 12/01/2015 3.090% 08/01/2022 FHLMC SERIES K721 A2 3137BM6P6 35,000.00 CITIGRP 103.12 36,092.96 794.91 960.68 1.74 1.44 DTD 12/01/2015 3.090% 08/01/2022 FHLMC SERIES K721 A2 3137BM6P6 160,000.00 CITIGRP 103.12 164,996.38 3,633.88 4,391.69 1.74 1.44 DTD 12/01/2015 3.090% 08/01/2022 FHMS KP05 A 3137FKK39 99,660.33 CSFB 102.91 102,555.46 2,895.43 2,895.32 1.40 2.15 DTD 12/01/2018 3.203% 07/01/2023 FHMS KJ27 Al 3137FO3V3 100,396.96 3PM_CHAS 103.32 103,732.79 3,338.24 3,337.84 2.44 1.21 DTD 11/01/2019 2.092% 07/01/2024 FHMS K043 A2 3137BGK24 250,000.00 CITIGRP 109.71 274,284.84 11,902.03 13,059.30 3.99 0.74 DTD 03/01/2015 3.062% 12/01/2024 Security Type Sub -Total 804,590.48 843,270.32 21,864.05 25,870.28 2.35 1.47 FREDDIE MAC NOTES 3137EAEV7 900,000.00 CITIGRP 100.05 900,494.10 1,412.10 1,402.90 2.97 0.23 DTD 08/21/2020 0.250% 08/24/2023 FEDERAL HOME LOAN BANK NOTES 3130A)HU6 350,000.00 CITIGRP 100.36 351,246.70 2,982.70 2,851.36 4.57 0.42 DTD 04/16/2020 0.500% 04/14/2025 FANNIE MAE NOTES 3135G03U5 350,000.00 CITIGRP 100.93 353,261.30 3,982.30 3,930.91 4.58 0.42 DTD 04/24/2020 0.625% 04/22/2025 FREDDIE MAC NOTES 3137EAEU9 425,000.00 WELLS_F 99.68 423,623.00 739.50 693.09 4.85 0.44 DTD 07/23/2020 0.375% 07/21/2025 FANNIE MAE NOTES 3135G05X7 350,000.00 BARCLAY 99.67 348,844.65 482.65 478.16 4.94 0.44 DTD 08/27/2020 0.375% 08/25/2025 Security Type Sub -Total 2,375,000.00 2,377,469.75 9,599.25 9,356.42 4.07 0.35 WELLS FARGO & COMPANY NOTES 94974BGR5 50,000.00 UBS AG 100.63 50,312.50 (795.50) 246.48 0.27 0.23 DTD 12/07/2015 2.550% 12/07/2020 PFM Asset Management LLO Page 18 � r � Managed Account Fair Market Value & Analytics CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS For the Month Ending August 31, 2020 Security Type/ Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Dated Date /Coupon /Maturity Corporate CUSIP Par Broker Date Price Value On Cost Amort Cost Duration at Mkt BRANCH BANKING & TRUST (CALLABLE) 05531FAZ6 25.000.00 MORGAN_S 01/01/21 100.62 25,155.70 167.20 157.17 0.34 0.66 NOTES DTD 10/26/2017 2.150% 02/01/2021 BRANCH BANKING & TRUST (CALLABLE) 05531FAZ6 25.000.00 MORGAN_S 01/01/21 100.62 25,155.70 167.20 157.17 0.34 0.66 NOTES DTD 10/26/2017 2.150% 02/01/2021 BRANCH BANKING & TRUST (CALLABLE) 05531FAZ6 75.000.00 MORGAN_S 01/01/21 100.62 75,467.10 501.60 471.52 0.34 0.66 NOTES DTD 10/26/2017 2.150% 02/01/2021 IBM CORP CORP NOTES 44932HAGS 300,000.00 BNP_PARI 101.01 303,034.80 3,181.80 3,055.88 0.43 0.30 DTD 02/06/2018 2.650% 02/05/2021 NATIONAL RURAL UTIL COOP NOTE 63743HER9 25.000.00 RBC 101.37 25,343.45 449.20 361.98 0.54 0.36 DTD 02/26/2018 2.900% 03/15/2021 NATIONAL RURAL UTIL COOP NOTE 63743HER9 25.000.00 RBC 101.37 25,343.45 371.20 348.31 0.54 0.36 DTD 02/26/2018 2.900% 03/15/2021 NATIONAL RURAL UTIL COOP NOTE 63743HER9 25.000.00 RBC 101.37 25,343.45 449.20 362.89 0.54 0.36 DTD 02/26/2018 2.900% 03/15/2021 NATIONAL RURAL UTIL COOP NOTE 63743HER9 25.000.00 RBC 101.37 25,343.45 371.20 348.55 0.54 0.36 DTD 02/26/2018 2.900% 03/15/2021 NATIONAL RURAL UTIL COOP NOTE 63743HER9 125,000.00 RBC 101.37 126,717.25 1,856.00 1,741.56 0.54 0.36 DTD 02/26/2018 2.900% 03/15/2021 NATIONAL RURAL UTIL COOP NOTE 63743HER9 175,000.00 RBC 101.37 177,404.15 3,144.40 2,540.20 0.54 0.36 DTD 02/26/2018 2.900% 03/15/2021 TOYOTA MOTOR CREDIT CORP NOTES 89236TEU5 50.000.00 JPM_CHAS 101.55 50,776.30 796.30 780.39 0.61 0.44 DTD 04/13/2018 2.950% 04/13/2021 PEPSICO INC CORP (CALLABLE) NOTE 713448DX3 40.000.00 MERRILL 03/15/21 100.93 40,373.32 381.32 374.73 0.54 0.50 DTD 10/10/2017 2.000% 04/15/2021 PEPSICO INC CORP (CALLABLE) NOTE 713448DX3 40.000.00 MERRILL 03/15/21 100.93 40,373.32 381.32 374.73 0.54 0.50 DTD 10/10/2017 2.000% 04/15/2021 BANK OF NEW YORK MELLON CORP 06406FAA1 50.000.00 KEYBAN 03/15/21 101.21 50,607.00 (542.00) 479.77 0.54 0.55 (CALLABLE) DTD 02/19/2016 2.500% 04/15/2021 PFM Asset Management LLC Page 19 � r � Managed Account Fair Market Value & Analytics CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/ Description Next Call Market Market Unreal G/L Dated Date /Coupon /Maturity CUSIP Corporate Par Broker Date Price Value On Cost BANK OF NEW YORK MELLON CORP 06406FAA1 50.000.00 KEYBAN 03/15/21 101.21 50,607.00 (542.00) (CALLABLE) 101.13 202,251.60 NOTES 0.27 DTD 02/19/2016 2.500% 04/15/2021 1,639.05 0.60 0.48 DTD 05/05/2016 2.250% 05/05/2021 BANK OF NEW YORK MELLON CORP 06406FAA1 100,000.00 KEYBAN 03/15/21 101.21 101,214.00 (1,112.00) (CALLABLE) DTD 02/19/2016 2.500% 04/15/2021 PEPSICO INC CORP (CALLABLE) NOTE 713448DX3 200,000.00 MERRILL 03/15/21 100.93 201,866.60 DTD 10/10/2017 2.000% 04/15/2021 0.54 0.55 938.92 0.54 0.55 AMERICAN EXPRESS CREDIT (CALLABLE) 0258MOEB1 200,000.00 KEYBAN 04/04/21 101.13 202,251.60 NOTES 0.27 1,724.40 1,639.05 0.60 0.48 DTD 05/05/2016 2.250% 05/05/2021 509.89 0.70 0.24 523.13 509.89 PACCAR FINANCIAL CORP 69371RP26 20.000.00 MERRILL 2,549.42 101.96 20,392.56 DTD 05/10/2018 3.100% 05/10/2021 293.57 0.71 0.39 PACCAR FINANCIAL CORP 69371RP26 20.000.00 MERRILL 101.96 20,392.56 DTD 05/10/2018 3.100% 05/10/2021 BRANCH BANKING & TRUST (CALLABLE) 05531FAV5 25.000.00 SCOTIA 04/09/21 101.08 25,270.90 NOTE DTD 05/10/2016 2.050% 05/10/2021 BRANCH BANKING & TRUST (CALLABLE) 05531FAV5 25.000.00 SCOTIA 04/09/21 101.08 25,270.90 NOTE DTD 05/10/2016 2.050% 05/10/2021 PACCAR FINANCIAL CORP 69371RP26 100,000.00 MERRILL 101.96 101,962.80 DTD 05/10/2018 3.100% 05/10/2021 BRANCH BANKING & TRUST (CALLABLE) 05531FAV5 150,000.00 SCOTIA 04/09/21 101.08 151,625.40 NOTE DTD 05/10/2016 2.050% 05/10/2021 HERSHEY COMPANY CORP NOTES 427866BA5 25.000.00 MERRILL 102.02 25,505.88 DTD 05/10/2018 3.100% 05/15/2021 HERSHEY COMPANY CORP NOTES 427866BA5 25.000.00 MERRILL 102.02 25,505.88 DTD 05/10/2018 3.100% 05/15/2021 HERSHEY COMPANY CORP NOTES 427866BA5 125,000.00 MERRILL 102.02 127,529.37 DTD 05/10/2018 3.100% 05/15/2021 STATE STREET CORP NOTES 857477AV5 25.000.00 GOLDMAN 101.12 25,280.08 DTD 05/19/2016 1.950% 05/19/2021 1,906.60 2,715.60 For the Month Ending August 31, 2020 Unreal G/L Effective YTM Amort Cost Duration at Mkt 479.77 0.54 0.55 938.92 0.54 0.55 1,873.65 0.54 0.50 2,315.01 0.59 0.59 397.76 393.75 0.69 0.27 397.76 393.75 0.69 0.27 287.40 273.18 0.60 0.48 287.40 273.18 0.60 0.48 1,988.80 1,968.75 0.69 0.27 1,724.40 1,639.05 0.60 0.48 523.13 509.89 0.70 0.24 523.13 509.89 0.70 0.24 2,615.62 2,549.42 0.70 0.24 374.58 293.57 0.71 0.39 PFM Asset Management LLC Page 20 � r � CALIJ--F--- Mnnnnnrl Airemint 1;nir Mnrlrot Vnlno IL Annhitirc CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/ Description Next Call Market Market Dated Date /Coupon /Maturity CUSIP Par Broker Date Price Value STATE STREET CORP NOTES DTD 05/19/2016 1.950% 05/19/2021 STATE STREET CORP NOTES DTD 05/19/2016 1.950% 05/19/2021 CHARLES SCHWAB CORP NOTES DTD 05/22/2018 3.250% 05/21/2021 CHARLES SCHWAB CORP NOTES DTD 05/22/2018 3.250% 05/21/2021 JOHN DEERE CAPITAL CORP NOTES DTD 01/06/2017 2.650% 01/06/2022 JOHN DEERE CAPITAL CORP NOTES DTD 01/06/2017 2.650% 01/06/2022 JPMORGAN CHASE & CO BONDS DTD 03/22/2019 3.207% 04/01/2023 CATERPILLAR FINL SERVICE CORPORATE NOTES DTD 07/08/2020 0.650% 07/07/2023 TOYOTA MOTOR CREDIT CORP CORPORATE NOTES DTD 08/14/2020 0.500% 08/14/2023 PNC BANK NA CORP NOTES DTD 01/23/2019 3.500% 01/23/2024 MORGAN STANLEY CORP NOTES DTD 04/28/2014 3.875% 04/29/2024 AMERICAN HONDA FINANCE CORP NOTE DTD 06/27/2019 2.400% 06/27/2024 GOLDMAN SACHS GROUP INC BONDS DTD 07/08/2014 3.850% 07/08/2024 WALT DISNEY COMPANY /THE DTD 09/06/2019 1.750% 08/30/2024 BANK OF NY MELLON CORP DTD 10/24/2019 2.100% 10/24/2024 For the Month Ending August 31, 2020 Unreal G/L Unreal G/L Effective YTM On Cost Amort Cost Duration at Mkt 857477AV5 25.000.00 GOLDMAN 101.12 25,280.08 374.58 293.57 0.71 0.39 857477AV5 75.000.00 GOLDMAN 101.12 75,840.22 1,123.72 880.70 0.71 0.39 808513AW5 35.000.00 CSFB 04/21/21 101.86 35,652.68 653.73 652.93 0.64 0.67 808513AW5 200,000.00 CSFB 04/21/21 101.86 203,729.60 3,735.60 3,731.04 0.64 0.67 24422ETL3 50.000.00 MITSU 103.13 51,564.30 1,784.80 1,626.01 1.33 0.33 24422ETL3 275,000.00 MITSU 103.13 283,603.65 9,816.40 8,943.05 1.33 0.33 46647PBB1 675,000.00 3PM_CHAS 04/01/22 104.29 703,937.93 28,937.93 28,937.93 1.54 1.51 14913R2D8 225,000.00 BARCLAY 100.53 226,198.13 1,324.13 1,317.80 2.83 0.46 89236THF5 200,000.00 3PM_CHA 100.06 200,120.20 274.20 271.67 2.94 0.48 693475AV7 400,000.00 CITIGRP 109.24 436,946.80 34,098.80 34,989.69 3.23 0.74 61746BDO6 400,000.00 WELLS FA 111.03 444,132.80 21,216.80 26,557.73 3.42 0.81 02665WCZ2 400,000.00 WELLS FA 105.83 423,320.00 25,304.00 24,849.95 3.67 0.85 38141EC23 400,000.00 SUSQ 110.45 441,808.40 23,176.40 27,446.23 3.62 1.07 254687FK7 400,000.00 3PM_CHAS 103.93 415,722.40 17,354.40 17,030.69 3.88 0.75 06406RALl 200,000.00 MORGAN_S 106.54 213,087.20 12,207.20 12,317.52 3.98 0.50 PFM Asset Management LLC Page 21 � r � CAE1J__F___ Mnnnnnrl Airemint emir Mmrlrot Vnimm IL Annhitiec For the Month Endin4 Auaust 31, 2020 CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/ Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Dated Date /Coupon /Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost Duration at Mkt CITIGROUP INC CORP NOTES 172967JP7 225,000.00 MKTX 111.00 249,750.00 11.25 11.25 4.38 0.88 DTD 04/27/2015 3.300% 04/27/2025 87019U6D6 100,000.00 MERRILL 100.41 100,410.60 410.60 410.60 0.21 2.26 APPLE INC (CALLABLE) CORP NOTES 037833DT4 550,000.00 GOLDMAN 04/11/25 102.57 564,113.00 13,007.50 13,075.90 4.50 0.57 DTD 05/11/2020 1.125% 05/11/2025 87019U6D6 600,000.00 MERRILL 100.41 602,463.60 2,463.60 2,463.60 0.21 2.26 AMAZON.COM INC CORPORATE NOTES 023135BO8 475,000.00 GOLDMAN 101.29 481,137.48 6,370.23 6,359.00 4.67 0.52 DTD 06/03/2020 0.800% 06/03/2025 78012UEE1 50,000.00 RBC 102.36 51,178.45 1,178.45 1,178.45 0.76 0.17 BANK OF AMERICA CORP NOTES 06051GFS3 225,000.00 MERRILL 113.87 256,210.20 (708.30) (496.33) 4.54 0.98 DTD 07/30/2015 3.875% 08/01/2025 78012UEE1 100,000.00 RBC 102.36 102,356.90 2,356.90 2,356.90 0.76 0.17 Security Type Sub -Total 7,580,000.00 7,903,581.54 223,031.99 235,009.44 2.50 0.69 SWEDBANK (NEW YORK) CERT DEPOS 87019U6D6 100,000.00 MERRILL 100.41 100,410.60 410.60 410.60 0.21 2.26 DTD 11/17/2017 2.270% 11/16/2020 SWEDBANK (NEW YORK) CERT DEPOS 87019U6D6 100,000.00 MERRILL 100.41 100,410.60 410.60 410.60 0.21 2.26 DTD 11/17/2017 2.270% 11/16/2020 SWEDBANK (NEW YORK) CERT DEPOS 87019U6D6 600,000.00 MERRILL 100.41 602,463.60 2,463.60 2,463.60 0.21 2.26 DTD 11/17/2017 2.270% 11/16/2020 ROYAL BANK OF CANADA NY CD 78012UEE1 50,000.00 RBC 102.36 51,178.45 1,178.45 1,178.45 0.76 0.17 DTD 06/08/2018 3.240% 06/07/2021 ROYAL BANK OF CANADA NY CD 78012UEE1 100,000.00 RBC 102.36 102,356.90 2,356.90 2,356.90 0.76 0.17 DTD 06/08/2018 3.240% 06/07/2021 ROYAL BANK OF CANADA NY CD 78012UEE1 525,000.00 RBC 102.36 537,373.73 12,373.73 12,373.73 0.76 0.17 DTD 06/08/2018 3.240% 06/07/2021 CREDIT SUISSE NEW YORK CERT DEPOS 22549L6F7 250,000.00 CSFB 100.02 250,046.25 46.25 46.25 1.44 0.51 DTD 08/07/2020 0.520% 02/01/2022 SKANDINAV ENSKILDA BANK LT CD 83050PDR7 400,000.00 BARCLAYS 103.02 412,090.00 12,090.00 12,090.00 1.97 0.33 DTD 09/03/2019 1.860% 08/26/2022 Security Type Sub -Total 2,125,000.00 2,156,330.13 31,330.13 31,330.13 0.87 1.02 PFM Asset Management LLC Page 22 � F- � CAE1J__F___ Mnnnnnel Airnniint 1=mir M =rlrot Vnhiim IL Annhitirc For the Month Endina Auclust 31, 2020 CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/ Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Dated Date /Coupon /Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost Duration at Mkt BMWLT 2018 -1 A4 05586CAD6 300,000.00 SOCGEN 101.31 303,921.21 3,923.88 3,922.42 0.45 2.50 DTD 10/17/2018 3.360% 03/20/2022 0.00 Money Market Sub -Total 422,361.03 422,361.03 0.00 0.00 0.00 Securities Sub -Total $30,965,247.58 GMALT 2018 -3 A4 36256GAE9 275,000.00 RBC 100.81 277,226.24 2,261.27 2,243.52 0.28 2.86 DTD 09/26/2018 3.300% 07/20/2022 $32,312,444.01 HAROT 2018 -4 A3 43815AAC6 357,722.63 3PM_CHAS 101.96 364,740.79 7,071.64 7,048.85 0.71 2.31 DTD 11/28/2018 3.160% 01/15/2023 VALET 2018 -2 A3 92869BAD4 294,219.36 CITIGRP 102.16 300,583.15 6,376.14 6,371.16 0.72 2.40 DTD 11/21/2018 3.250% 04/20/2023 GMCAR 2018 -3 A3 362553AD6 231,767.28 3PM_CHAS 101.82 235,992.63 4,279.40 4,255.61 0.70 2.33 DTD 07/18/2018 3.020% 05/16/2023 CARMAX AUTO OWNER TRUST 14313FAD1 304,909.44 BARCLAYS 101.94 310,813.71 5,945.82 5,927.93 0.74 2.41 DTD 07/25/2018 3.130% 06/15/2023 CARMAX AUTO OWNER TRUST 14315EAC4 350,000.00 MERRILL 102.70 359,458.61 9,461.83 9,460.61 0.94 2.44 DTD 10/24/2018 3.360% 09/15/2023 GMCAR 2019 -1 A3 36256XAD4 249,677.36 RBC 102.07 254,841.76 5,192.04 5,182.74 0.79 2.30 DTD 01/16/2019 2.970% 11/16/2023 COMET 2019 -A2 A2 14041NFUO 800,000.00 RBC 102.69 821,487.20 21,688.64 21,648.26 1.93 1.03 DTD 09/05/2019 1.720% 08/15/2024 Security Type Sub -Total 3,163,296.07 3,229,065.30 66,200.66 66,061.10 0.99 2.08 Managed Account Sub -Total 30,542,886.55 31,762,806.02 897,054.15 915,725.38 2.72 0.62 Money Market Mutual Fund CAMP Pool 422,361.03 1.00 422,361.03 0.00 0.00 0.00 Money Market Sub -Total 422,361.03 422,361.03 0.00 0.00 0.00 Securities Sub -Total $30,965,247.58 $32,185,167.05 $897,054.15 915,725.38 2.72 0.62% Accrued Interest $127,276.96 Total Investments $32,312,444.01 Bolded items are forward settling trades. PFM Asset Management LLC Page 23 � r � CAE1J__F___ M =n =nnel Annnirnt Corirrifti Tr =nc =rtinnc IL Tntnroct For the Month Endina Auaust 31, 2020 CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Transaction Type Principal Accrued Realized GIL Realized GIL Sale Trade Settle Securitv Description CUSIP Par Proceeds Interest Total Cost Amort Cost Method 08/05/20 08/07/20 US TREASURY N/B 912828YYO 500,000.00 (534,414.06) (903.53) (535,317.59) DTD 12/31/2019 1.750% 12/31/2024 08/05/20 08/07/20 CREDIT SUISSE NEW YORK CERT 22549L6F7 250,000.00 (250,000.00) 0.00 (250,000.00) DEPOS DTD 08/07/2020 0.520% 02/01/2022 08/11/20 08/14/20 TOYOTA MOTOR CREDIT CORP 89236THF5 200,000.00 (199,846.00) 0.00 (199,846.00) CORPORATE NOTES DTD 08/14/2020 0.500% 08/14/2023 08/11/20 08/25/20 MN ST TXBL GO BONDS 60412AVJ9 100,000.00 (100,000.00) 0.00 (100,000.00) DTD 08/25/2020 0.630% 08/01/2025 08/18/20 08/20/20 BANK OF AMERICA CORP NOTES 06051GFS3 225,000.00 (256,918.50) (460.16) (257,378.66) DTD 07/30/2015 3.875% 08/01/2025 08/19/20 08/21/20 FREDDIE MAC NOTES 3137EAEV7 900,000.00 (899,082.00) 0.00 (899,082.00) DTD 08/21/2020 0.250% 08/24/2023 08/25/20 08/27/20 FANNIE MAE NOTES 3135G05X7 350,000.00 (348,362.00) 0.00 (348,362.00) DTD 08/27/2020 0.375% 08/25/2025 08/28/20 09/01/20 CITIGROUP INC CORP NOTES 172967JP7 225,000.00 (249,738.75) (2,557.50) (252,296.25) DTD 04/27/2015 3.300% 04/27/2025 Transaction Type Sub -Total 2,750,000.00 (2,838,361.31) (3,921.19) (2,842,282.50) 08/01/20 08/01/20 BRANCH BANKING & TRUST 05531FAZ6 125,000.00 0.00 1,343.75 1,343.75 (CALLABLE) NOTES DTD 10/26/2017 2.150% 02/01/2021 08/01/20 08/01/20 CHAFFEY UHSD, CA TXBL GO BONDS 157411TK5 100,000.00 0.00 1,050.50 1,050.50 DTD 12/05/2019 2.101% 08/01/2024 08/01/20 08/25/20 FHMS KJ27 Al 3137FO3V3 103,149.84 0.00 242.92 242.92 DTD 11/01/2019 2.092% 07/01/2024 08/01/20 08/25/20 FHLMC SERIES K721 A2 3137BM6P6 230,000.00 0.00 592.26 592.26 DTD 12/01/2015 3.090% 08/01/2022 08/01/20 08/25/20 FHMS K043 A2 3137BGK24 250,000.00 0.00 637.92 637.92 DTD 03/01/2015 3.062% 12/01/2024 PFM Asset Management LLC Page 24 � F- � CAE1J__F___ M =n =nnel Annnirnt Cornrifti Trnncnrtinnc IL Tntnroct CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Transaction Type Principal Accrued Trade Settle Securitv Description CUSIP Par Proceeds Interest 08/01/20 08/25/20 FNA 2018 -M5 A2 DTD 04/01/2018 3.560% 09/01/2021 08/01/20 08/25/20 FHMS KP05 A 425.97 DTD 12/01/2018 3.203% 07/01/2023 08/05/20 08/05/20 IBM CORP CORP NOTES 0.00 DTD 02/06/2018 2.650% 02/05/2021 08/15/20 08/15/20 CARMAX AUTO OWNER TRUST 44932HAG8 DTD 10/24/2018 3.360% 09/15/2023 08/15/20 08/15/20 CARMAX AUTO OWNER TRUST 3,975.00 DTD 07/25/2018 3.130% 06/15/2023 08/15/20 08/15/20 HAROT 2018 -4 A3 350,000.00 DTD 11/28/2018 3.160% 01/15/2023 08/15/20 08/15/20 COMET 2019 -A2 A2 DTD 09/05/2019 1.720% 08/15/2024 08/16/20 08/16/20 GMCAR 2019 -1 A3 DTD 01/16/2019 2.970% 11/16/2023 08/16/20 08/16/20 GMCAR 2018 -3 A3 850.00 DTD 07/18/2018 3.020% 05/16/2023 08/20/20 08/20/20 VALET 2018 -2 A3 0.00 DTD 11/21/2018 3.250% 04/20/2023 08/20/20 08/20/20 GMALT 2018 -3 A4 14041NFUO DTD 09/26/2018 3.300% 07/20/2022 08/20/20 08/20/20 BMWLT 2018 -1 A4 1,146.67 DTD 10/17/2018 3.360% 03/20/2022 08/26/20 08/26/20 SKANDINAV ENSKILDA BANK LT CD 265,242.12 DTD 09/03/2019 1.860% 08/26/2022 08/30/20 08/30/20 WALT DISNEY COMPANY /THE DTD 09/06/2019 1.750% 08/30/2024 For the Month Ending August 31, 2020 Realized GIL Realized GIL Sale Total Cost Amort Cost Method 3136B1XP4 142,159.66 0.00 425.97 425.97 3137FKK39 99,835.04 0.00 266.48 266.48 44932HAG8 300,000.00 0.00 3,975.00 3,975.00 14315EAC4 350,000.00 0.00 980.00 980.00 14313FAD1 325,879.36 0.00 850.00 850.00 43815AAC6 375,000.00 0.00 987.50 987.50 14041NFUO 800,000.00 0.00 1,146.67 1,146.67 36256XAD4 265,242.12 0.00 656.47 656.47 36255JAD6 248,382.34 0.00 625.10 625.10 92869BAD4 315,576.98 0.00 854.69 854.69 36256GAE9 275,000.00 0.00 756.25 756.25 05586CAD6 300,000.00 0.00 840.00 840.00 83050PDR7 400,000.00 0.00 3,761.33 3,761.33 254687FK7 400,000.00 0.00 3,538.89 3,538.89 Transaction Type Sub -Total 5,405,225.34 0.00 23,531.70 23,531.70 08/03/20 08/03/20 WESTPAC BANKING CORP NY CD 96121T4A3 100,000.00 100,000.00 1,002.22 101,002.22 0.00 DTD 08/07/2017 2.050% 08/03/2020 PFM Asset Management LLC Page 25 0.00 � r � Managed Account Security Transactions & Interest CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Transaction Type Trade Settle Securitv Descri Principal Accrued CUSIP Par Proceeds Interest Total For the Month Ending August 31, 2020 Realized GIL Realized GIL Sale Cost Amort Cost Method 08/03/20 08/03/20 BANK OF MONTREAL CHICAGO CERT 06370REU9 670,000.00 670,000.00 21,610.48 691,610.48 0.00 0.00 DEPOS DTD 08/03/2018 3.190% 08/03/2020 08/03/20 08/03/20 WESTPAC BANKING CORP NY CD 96121T4A3 100,000.00 100,000.00 1,002.22 101,002.22 0.00 0.00 DTD 08/07/2017 2.050% 08/03/2020 08/03/20 08/03/20 WESTPAC BANKING CORP NY CD 96121T4A3 540,000.00 540,000.00 5,412.00 545,412.00 0.00 0.00 DTD 08/07/2017 2.050% 08/03/2020 Transaction Type Sub -Total 1,410,000.00 1,410,000.00 29,026.92 1,439,026.92 0.00 0.00 08/01/20 08/25/20 FNA 2018 -M5 A2 3136B1XP4 2,518.07 2,518.07 0.00 2,518.07 (50.08) 0.00 DTD 04/01/2018 3.560% 09/01/2021 08/01/20 08/25/20 FNA 2018 -M5 A2 3136B1XP4 2,518.07 2,518.07 0.00 2,518.07 (50.08) 0.00 DTD 04/01/2018 3.560% 09/01/2021 08/01/20 08/25/20 FNA 2018 -M5 A2 3136B1XP4 12,590.34 12,590.33 0.00 12,590.33 (250.43) 0.01 DTD 04/01/2018 3.560% 09/01/2021 08/01/20 08/25/20 FHMS KP05 A 3137FKK39 174.71 174.71 0.00 174.71 0.00 0.00 DTD 12/01/2018 3.203% 07/01/2023 08/01/20 08/25/20 FHMS KJ27 Al 3137FO3V3 2,752.88 2,752.88 0.00 2,752.88 0.07 0.00 DTD 11/01/2019 2.092% 07/01/2024 08/15/20 08/15/20 CARMAX AUTO OWNER TRUST 14313FAD1 20,969.92 20,969.92 0.00 20,969.92 2.86 0.00 DTD 07/25/2018 3.130% 06/15/2023 08/15/20 08/15/20 HAROT 2018 -4 A3 43815AAC6 17,277.37 17,277.37 0.00 17,277.37 2.58 0.00 DTD 11/28/2018 3.160% 01/15/2023 08/16/20 08/16/20 GMCAR 2018 -3 A3 362553AD6 16,615.06 16,615.06 0.00 16,615.06 3.87 0.00 DTD 07/18/2018 3.020% 05/16/2023 08/16/20 08/16/20 GMCAR 2019 -1 A3 36256XAD4 15,564.76 15,564.76 0.00 15,564.76 1.72 0.00 DTD 01/16/2019 2.970% 11/16/2023 08/20/20 08/20/20 VALET 2018 -2 A3 92869BAD4 21,357.62 21,357.62 0.00 21,357.62 0.90 0.00 DTD 11/21/2018 3.250% 04/20/2023 Transaction Type Sub -Total 112,338.80 112,338.79 0.00 112,338.79 (338.59) 0.01 PFM Asset Management LLC Page 26 � r � CAE1J__F___ M =n =nnel Annnirnt Corirrifti Tr =nc =rtinnc IL Tntnroct For the Month Endin4 Auaust 31, 2020 CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Transaction Type Principal Accrued Realized GIL Realized GIL Sale Trade Settle Securitv Description CUSIP Par Proceeds Interest Total Cost Amort Cost Method 08/18/20 08/20/20 BANK OF AMERICA CORP NOTES 06051GHH5 75,000.00 76,629.00 677.93 77,306.93 1,629.00 1,629.00 FIFO DTD 05/17/2018 3.499% 05/17/2022 08/18/20 08/20/20 BANK OF AMERICA CORP NOTE 06051GFW4 25,000.00 25,379.00 220.57 25,599.57 185.00 341.83 FIFO DTD 04/19/2016 2.625% 04/19/2021 08/18/20 08/20/20 BANK OF AMERICA CORP (CALLABLE) 06051GGS2 35,000.00 35,077.35 314.60 35,391.95 77.35 77.35 FIFO DTD 09/18/2017 2.328% 10/01/2021 08/18/20 08/20/20 BANK OF AMERICA CORP (CALLABLE) 06051GGS2 200,000.00 200,442.00 1,797.73 202,239.73 442.00 442.00 FIFO DTD 09/18/2017 2.328% 10/01/2021 08/18/20 08/20/20 BANK OF AMERICA CORP NOTES 06051GHH5 15,000.00 15,325.80 135.59 15,461.39 325.80 325.80 FIFO DTD 05/17/2018 3.499% 05/17/2022 08/18/20 08/20/20 BANK OF AMERICA CORP (CALLABLE) 06051GGS2 35,000.00 35,077.35 314.60 35,391.95 77.35 77.35 FIFO DTD 09/18/2017 2.328% 10/01/2021 08/18/20 08/20/20 BANK OF AMERICA CORP NOTES 06051GHH5 15,000.00 15,325.80 135.59 15,461.39 325.80 325.80 FIFO DTD 05/17/2018 3.499% 05/17/2022 08/19/20 08/21/20 US TREASURY N/B NOTES 912828R69 75,000.00 78,046.87 273.05 78,319.92 5,088.86 4,410.44 FIFO DTD 05/31/2016 1.625% 05/31/2023 08/19/20 08/21/20 US TREASURY N/B NOTES 912828R69 825,000.00 858,515.63 3,003.59 861,519.22 53,367.19 47,021.09 FIFO DTD 05/31/2016 1.625% 05/31/2023 08/28/20 09/01/20 UNILEVER CAPITAL CORP NOTES 904764AZO 300,000.00 304,269.00 3,643.75 307,912.75 5,802.00 4,551.54 FIFO DTD 03/22/2018 2.750% 03/22/2021 Transaction Type Sub -Total 1,600,000.00 1,644,087.80 10,517.00 1,654,604.80 67,320.35 59,202.20 Managed Account Sub -Total 328,065.28 59,154.43 387,219.71 66,981.76 59,202.21 Total Security Transactions $328,065.28 $59,154.43 $387,219.71 $66,981.76 $59,202.21 Bolded items are forward settling trades. PFM Asset Management LLC Page 27 � r CALIJ — Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Trade Settlement Date Date Transaction Description For the Month Ending August 31, 2020 Share or Dollar Amount Unit Price of Transaction Total Shares Owned Opening Balance 93,276.81 08/03/20 08/03/20 Purchase - Interest 157411TK5 1.00 1,050.50 94,327.31 08/03/20 08/03/20 Purchase - Interest 05531FAZ6 1.00 1,343.75 95,671.06 08/03/20 08/03/20 Purchase - Principal 06370REU9 1.00 691,610.48 787,281.54 08/03/20 08/03/20 Purchase - Principal 96121T4A3 1.00 545,412.00 1,332,693.54 08/03/20 08/03/20 Purchase - Principal 96121T4A3 1.00 101,002.22 1,433,695.76 08/03/20 08/03/20 Purchase - Principal 96121T4A3 1.00 101,002.22 1,534,697.98 08/05/20 08/05/20 Purchase - Interest 44932HAG8 1.00 3,975.00 1,538,672.98 08/07/20 08/07/20 Redemption - Interest 912828YYO 1.00 (903.53) 1,537,769.45 08/07/20 08/07/20 Redemption - Principal 912828YYO 1.00 (534,414.06) 1,003,355.39 08/07/20 08/07/20 Redemption - Principal 22549L6F7 1.00 (250,000.00) 753,355.39 08/14/20 08/14/20 Redemption - Principal 89236THF5 1.00 (199,846.00) 553,509.39 08/17/20 08/17/20 Purchase - Interest 14041NFUO 1.00 1,146.67 554,656.06 08/17/20 08/17/20 Purchase - Interest 14313FAD1 1.00 850.00 555,506.06 08/17/20 08/17/20 Purchase - Interest 14315EAC4 1.00 980.00 556,486.06 08/17/20 08/17/20 Purchase - Interest 36255JAD6 1.00 625.10 557,111.16 08/17/20 08/17/20 Purchase - Interest 36256XAD4 1.00 656.47 557,767.63 08/17/20 08/17/20 Purchase - Interest 43815AAC6 1.00 987.50 558,755.13 08/17/20 08/17/20 Purchase - Principal 14313FAD1 1.00 20,969.92 579,725.05 08/17/20 08/17/20 Purchase - Principal 362553AD6 1.00 16,615.06 596,340.11 08/17/20 08/17/20 Purchase - Principal 36256XAD4 1.00 15,564.76 611,904.87 08/17/20 08/17/20 Purchase - Principal 43815AAC6 1.00 171277.37 629,182.24 PFM Asset Management LLC Page 28 � r CALIJ - Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Trade Settlement Date Date Transaction Description For the Month Ending August 31, 2020 Share or Dollar Amount Unit Price of Transaction Total Shares Owned 08/20/20 08/20/20 Purchase - Interest 05586CAD6 1.00 840.00 630,022.24 08/20/20 08/20/20 Purchase - Interest 36256GAE9 1.00 756.25 630,778.49 08/20/20 08/20/20 Purchase - Interest 92869BAD4 1.00 854.69 631,633.18 08/20/20 08/20/20 Purchase - Principal 06051GFW4 1.00 25,379.00 657,012.18 08/20/20 08/20/20 Purchase - Interest 06051GFW4 1.00 220.57 657,232.75 08/20/20 08/20/20 Purchase - Interest 06051GGS2 1.00 2,426.94 659,659.69 08/20/20 08/20/20 Purchase - Principal 06051GGS2 1.00 270,596.70 930,256.39 08/20/20 08/20/20 Purchase - Interest 06051GHH5 1.00 949.10 931,205.49 08/20/20 08/20/20 Purchase - Principal 06051GHH5 1.00 107,280.60 1,038,486.09 08/20/20 08/20/20 Purchase - Principal 92869BAD4 1.00 21,357.62 1,059,843.71 08/20/20 08/20/20 Redemption - Interest 06051GFS3 1.00 (460.16) 1,059,383.55 08/20/20 08/20/20 Redemption - Principal 06051GFS3 1.00 (256,918.50) 802,465.05 08/21/20 08/21/20 Purchase - Interest 912828R69 1.00 3,276.64 805,741.69 08/21/20 08/21/20 Purchase - Principal 912828R69 1.00 936,562.50 1,742,304.19 08/21/20 08/21/20 Redemption - Principal 3137EAEV7 1.00 (899,082.00) 843,222.19 08/25/20 08/25/20 Purchase - Interest 3136B1XP4 1.00 425.97 843,648.16 08/25/20 08/25/20 Purchase - Interest 3137BGK24 1.00 637.92 844,286.08 08/25/20 08/25/20 Purchase - Interest 3137BM6P6 1.00 592.26 844,878.34 08/25/20 08/25/20 Purchase - Interest 3137FKK39 1.00 266.48 845,144.82 08/25/20 08/25/20 Purchase - Interest 3137FQ3V3 1.00 242.92 845,387.74 08/25/20 08/25/20 Purchase - Principal 3137FKK39 1.00 174.71 845,562.45 08/25/20 08/25/20 Purchase - Principal 3137FQ3V3 1.00 2,752.88 848,315.33 PFM Asset Management LLC Page 29 CALIJ Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Trade Settlement Date Date Transaction Description For the Month Ending August 31, 2020 Share or Dollar Amount Unit Price of Transaction Total Shares Owned 08/25/20 08/25/20 Purchase - Principal 3136B1XP4 1.00 2,518.07 850,833.40 08/25/20 08/25/20 Purchase - Principal 3136B1XP4 1.00 2,518.07 853,351.47 08/25/20 08/25/20 Purchase - Principal 3136B1XP4 1.00 12,590.33 865,941.80 08/25/20 08/25/20 Redemption - Principal 60412AVJ9 1.00 (100,000.00) 765,941.80 08/25/20 08/25/20 IP Fees July 2020 1.00 (2,535.79) 763,406.01 08/25/20 08/25/20 U.S. Bank Fees June 2020 1.00 (173.76) 763,232.25 08/26/20 08/26/20 Purchase - Interest 83050PDR7 1.00 3,761.33 766,993.58 08/27/20 08/27/20 Redemption - Principal 3135G05X7 1.00 (348,362.00) 418,631.58 08/31/20 08/31/20 Purchase - Interest 254687FK7 1.00 3,538.89 422,170.47 08/31/20 09/01/20 Accrual Income Div Reinvestment - Distributions 1.00 190.56 422,361.03 Closing Balance 422,361.03 Month of Fiscal YTD August January- August Opening Balance 93,276.81 109,033.70 Closing Balance 422,361.03 Purchases 2,921,780.02 11,718,108.05 Average Monthly Balance 740,558.88 Redemptions (Excl. Checks) (2,592,695.80) (11,404,780.72) Monthly Distribution Yield 0.30% Check Disbursements 0.00 0.00 Closing Balance 422,361.03 422,361.03 Cash Dividends and Income 190.56 2,325.81 PFM Asset Management LLC Page 30