Loading...
The URL can be used to link to this page
Your browser does not support the video tag.
Home
My WebLink
About
Item No. 22 SA Investment Report May 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 -669 Agenda Date: 7/14/2020 Version: 1 Status: Approval Final In Control: City Council / Successor Aqency Agenda Number: 22) SA Investment Report for May 2020 Receive and file. File Type: Successor Consent Calendar City of Lake Elsinore Page 1 Printed on 71912020 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: Andrew Zavala, Accountant I Approved by: Jason Simpson, Assistant Executive Director Date: July 14, 2020 Subject: Investment Report for May 2020 Recommendation Receive and file the Investment Report for May 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 May 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 MAY 31, 2020 BANK DEPOSITS OUTSTANDING BOOK CASH ACCOUNTS BALANCE IN TRANSIT CHECKS BALANCE Bank Accounts: General Checking Account $ 1,651,439 $ 15,305,254 $ (491,197) $ 16,465,496 Cash On Hand: Cashier Drawers #1 & #2 - - - 300 City of Lake Elsinore Petty Cash Fund - - - 1,000 Total Cash Accounts 1,651,439 15,305,254 (491,197) 16,466,796 INVESTMENTS Local Agency Investment Fund 10,295,093 - - 10,295,093 CAMP Investments: CAMP Pool Account 129,163 - - 129,163 U.S. Treasury Bond / Note 14,360,531 - - 14,360,531 Supra - National Agency Bond / Note 723,920 - - 723,920 Municipal Bond / Note 160,000 - - 160,000 Federal Agency Collateralized Mortgage Obligation 870,911 - - 870,911 Federal Agency Bond / Note 697,543 - - 697,543 Corporate Notes 6,998,051 - - 6,998,051 Negotiable Certificate of Deposit 3,664,856 - - 3,664,856 Asset - Backed Security/ Collaterized Mortgage 3,325,649 - - 3,325,649 Sub -total Investments 41,225,717 - - 41,225,717 Market Value Adjustment: Unrealized Gain /(Loss) at 03/31/2020 1,042,285 - - 1,042,285 Total Investments 42,268,002 - - 42,268,002 Total Pooled Cash and Investments $ 43,919,440 $ 15,305,254 $ (491,197) $ 58,734,798 TOTAL POOLED CASH AND INVESTMENTS $ 58,734,798 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 11, 2019. 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 June 23, 2020 Assistant City Manager Date CITY OF LAKE ELSINORE POOLED CASH AND INVESTMENTS BY FUND AS OF MAY 31, 2020 FUND NO FUND NAME 100 General 106 Affordable Housing In Lieu 107 Developer Agreement Revenue 109 Road Maintenance and Rehabilitation (S131) 110 State Gas Tax 112 Measure A 114 SB1186 CASP Education Program 115 Traffic Safety 118 Lake Side Facility DIF 119 Animal Shelter DIF 121 T.R.I.P. -2014A 135 Lighting & Landscape Maintenance - Dist. No. 1 140 Geothermal 155 CSA152 -- N.P.D.E.S. 160 PEG Grant 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 331 CFD 2006 -1 CC Summerly Improvement Area CC 332 CFD 2006 -1 Improvement Area B, Summerly 333 CFD 2015 -3 Terracina 334 CFD 2015 -5 Trieste - Far West Industries 335 CFD 2003 -2E Canyon Hills Improvement Area E 336 CFD 2006 -1 FF Summerly Improvement Area FF 337 CFD 2016 -2 Canyon Hills 338 CFD 2006 -1 IA -JJ Summerly Improvement Area 340 CFD 2006 -1 IA -EE Summerly Improvement Area 345 CFD 2003 -2 Improvement Area D, Canyon Hills 346 CFD 2014 -1 Southshore 347 CFD 2006 -1 Improvement Area A, Summerly 350 CFD 98 -1 Summerhill 351 CFD 2006 -1 IA -II Summerly Improvement 354 CFD 90 -2 Tuscany Hills 357 CFD 2003 -2 Canyon Hills Improvement Area AMOUNT 7,592,011 1,298,417 29,893 963,530 491,612 1,660,731 24,880 65,055 77,832 35,907 148 1,273,689 11,742 14,668 29,752 23,901 2,732,587 1,206,562 709,740 219 513,129 1,257,346 206,844 1,485,288 430,364 584,330 79,398 119,053 613 81,797 2,035 99,202 507,691 148,010 138,053 649,533 68,257 90,353 740,276 937 979,735 573,264 CITY OF LAKE ELSINORE POOLED CASH AND INVESTMENTS BY FUND AS OF MAY 31, 2020 FUND NO FUND NAME AMOUNT 366 CFD 2005 -6 City Center Townhomes 83,839 368 CFD 2006 -2 Viscaya 200,876 369 CFD 2004 -3 Area 1 Rosetta Canyon Improvement Area 827,591 370 CFD 2006 -1 IA -HH Summerly Improvement 114,340 371 CFD 2005 -1 Serenity 325,171 372 CFD 2005 -2 Alberhill Ranch Improvement Area 831,128 375 CFD 2006 -4 Clurman 13,350 376 CFD 2006 -3 La Strada 36,651 377 CFD 2006 -6 Tessara 29,201 378 CFD 2006 -8 Running Deer Estates 10,168 384 CFD 2003 -2 Area B Canyon Hills Improvement Area 1,355,414 385 CFD 2004 -3 Area 2 Rosetta Canyon Improvement Area 863,366 386 CFD 2007 -4 Mekenna Court 54,895 387 CFD 2007 -5 Red Kite 56,520 388 CFD 2007 -6 Holiday Inn Express 7,167 389 CFD 88 -3 (2008A) West Lake Elsinore Series A 1,196,085 390 CFD 2003 -2 Area C Canyon Hills Improvement Area 372,499 392 CFD 95 -1 City Center 104,915 393 AD 93 -1 Cottonwood Hills 729,892 394 CFD 2005 -5 (2012A) Wasson Canyon 204,735 395 CFD 2018 -1 Wasson Canyon II Improvement Area 4,811 396 CFD 2018 -2 Nichols Ranch Improvement Area 3,073 500 Capital Improvement Plan 9,432,313 510 Successor To RDA Area I, Il, & III 5,803,812 540 Successor To RDA Diamond Stadium 186,708 603 Endowment Trust - Carl Graves 56,844 604 Endowment Trust - Korn Memorial 33,742 605 Public Improvement Trust 602,655 606 Mobile Source Air Polution Reduction 368,559 608 Trust Deposit & Pre Paid Expense 1,573,799 617 Successor Agency Housing 4,847,212 620 Cost Recovery System 1,017,651 631 Lake Destratification Equipment Replacement 387,434 Total Pooled Cash & Investments $ 58,734,798 CITY OF LAKE ELSINORE SUMMARY OF POLICY LIMITATIONS FOR THE MONTH ENDING MAY 31, 2020 DIVERSIFICATION MAXIMUM TYPES OF SECURITIES PERCENTAGE PERCENTAGE U.S. Treasury Bills 0.00% Unlimited U.S. Treasury Bond / Note 34.83% Unlimited Current Balance $ 14,360,531 Supra - National Agency Bond / Note 1.76% 30% Current Balance $ 723,920 Municipal Bond / Note 0.39% Unlimited Current Balance $ 160,000 Federal Agency Collaterized Mortgage Obligation 2.11% 40.00% Current Balance $ 870,911 Federal Agency Bond / Note 1.69% Unlimited Current Balance $ 697,543 Negotiable Certificates of Deposit 8.89% 30.00% Current Balance $ 3,664,856 Corporate Note 16.97% 30.00% Current Balance $ 6,998,051 Asset - Backed Security / Collaterized Mortgage 8% 20% Current Balance $ 3,325,649 Repurchase Agreements 0.00% Unlimited Reverse Repurchase Agreements 0.00% 10.00% LAW (Local Agency Investment Fund) 24.97% $65 Million Current Balance $ 10,295,093 CAMP -Pooled Sweep Account 0.31% Unlimited Current Balance $ 129,163 TOTAL 100.00% $ 41,225,717 Note: *No more than 40% in any one federal agency. See CAMP Portfolio Statement for listing of agencies. *Investment in LAIF may not exceed $65 million in each agency. 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 MAY 31, 2020 Yield Purchase Date 1.363% Daily Investment Beginning Balance Net Increase /(Decrease) Total Investments Held with Local Agency Investment Fund: $ 13,795,093 $ (3,500,000) Maturity Rate 24 -Hour Ending Balance $ 10,295,093 Note: Per California State Treasurer, LAIF Statute 16429.1: Separate accounts for each governmental unit shall be maintained. LAIF accounts are subject to a $65 million cap per agency. %%V FS r,yjF2f Cj IN VEq,� q T, PMIA /LAIF Performance Report o d s� o as of 06/10/20 as9� FlY- 11f1U165Y� i �od �'11�ll101S'� PMIA Average Monthly Quarterly Performance Effective Yields(') Quarter Ended 03/31/20 May 1.363 LAIF Apportionment Rate ( 2): 2.03 Apr 1.648 LAIF Earnings Ratio ( 2): 0.00005535460693046 Mar 1.787 LAIF Fair Value Factor(l): 1.007481015 PMIA Daily((): 1.73% PMIA Quarter to Date(1): 1.89% PMIA Average Life(1): 208 Pooled Money Investment Account Monthly Portfolio Composition c1) 05/31/20 $99.0 billion Time 5. Certificates of Deposit /Bank Notes 12.62% Agencies 21.16% Commercial Paper Loans 7.31% 0.58% Percentages may not total 100% due to rounding Daily rates are now available here. View PMIA Daily Rates Treasuries 52.72 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 I2I 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 92,667.72 Purchases 590,206.59 Redemptions (553,711.28) Unsettled Trades 0.00 Change in Value 0.00 Closing Market Value $129,163.03 Cash Dividends and Income 57.30 Opening Market Value 31,771,024.38 Purchases 551,105.50 Redemptions (551,021.63) Unsettled Trades 60,000.00 Change in Value 121,706.87 Closing Market Value $31,952,815.12 Cash Dividends and Income 134,376.04 PFM Asset Management LLC CAMP Pool CAMP Managed Account Total CAMP Managed Account 99.60% For the Month Ending May 31, 2020 May 31, 2020 129,163.03 31,952,815.12 April 30, 2020 92,667.72 31,771,024.38 $32,081,978.15 $31,863,692.10 CAMP Pool 0.40% Page 1 C,W � r J — Managed Account Summary Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Opening Market Value $92,667.72 Opening Market Value $31,771,024.38 Purchases 590,206.59 Maturities /Calls (29,673.97) Redemptions (553,711.28) Principal Dispositions (521,347.66) Principal Acquisitions 551,105.50 Unsettled Trades 60,000.00 Change in Current Value 121,706.87 Closing Market Value Dividend $129,163.03 57.30 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 May 31, 2020 Opening Market Value $31,863,692.10 Closing Market Value $31,952,815.12 Closing Market Value $32,081,978.15 95,190.16 Closing Cash Balance $0.00 (34.38) 39,220.26 $134,376.04 30,819,502.28 30,948,665.31 Maturities /Calls 0.00 135,788.34 135,788.34 Sale Proceeds 525,010.57 525,010.57 1,078,721.85 Coupon /Interest /Dividend Income 91,527.25 29,673.97 29,673.97 Principal Payments 29,673.97 91,527.25 91,527.25 Security Purchases (551,139.88) (611,139.88) (1,201,346.47) Net Cash Contribution (95,071.91) (30,724,972.68) (30,817,640.40) Reconciling Transactions 0.00 (173,962.21) (173,962.21) 0.00 57.30 $91,427.64 $91,484.94 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 14,400,000.00 15,162,059.04 47.27 Supra - National Agency Bond / Note 725,000.00 733,058.75 2.28 Municipal Bond / Note 160,000.00 163,681.00 0.51 Federal Agency Collateralized Mortgage 853,453.85 893,120.59 2.78 Obligation Federal Agency Bond / Note 700,000.00 701,758.75 2.19 Corporate Note 6,955,000.00 7,190,387.15 22.41 Certificate of Deposit 3,665,000.00 3,710,739.12 11.57 Asset - Backed Security 3,326,104.21 3,398,010.72 10.59 Managed Account Sub -Total 30,784,558.06 31,952,815.12 99.60% Accrued Interest 135,788.34 Total Portfolio 30,784,558.06 32,088,603.46 CAMP Pool 129,163.03 129,163.03 0.40 Total Investments 30,913,721.09 32,217,766.49 100.00% Unsettled Trades 30.63% 60,000.00 60,000.00 0 - 6 Months 6 - 12 Months 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years Over 5 Years US TSY Bond / 47. Supra - Natior Agency Bond / 2. Muni Bond / 0.51% For the Month Ending May 31, 2020 ABS 10.59% Cert of Deposit 11.57% Yield to Maturity at Cost Corporate Note 22.41% Fed Agency CMO 2.78% Fed Agy Bond / Note 2.19% Mny Mkt Fund 0.40% 2.22% Yield to Maturity at Market 0.67% Weighted Average Days to Maturity 1029 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 May 31, 2020 NR Market Value 0.86% Issuer of Holdings Percent AMERICAN EXPRESS CO 202,904.60 0.63 AMERICAN HONDA FINANCE 410,787.60 1.28 APPLE INC 559,411.05 1.74 BANK OF AMERICA CO 402,265.10 1.25 BANK OF MONTREAL 673,852.50 2.10 BANK OF NOVA SCOTIA 380,122.36 1.18 BMW FINANCIAL SERVICES NA LLC 305,231.97 0.95 CAMP Pool 129,163.03 0.40 CAPITAL ONE FINANCIAL CORP 818,445.36 2.55 CARMAX AUTO OWNER TRUST 716,379.48 2.23 CHAFFEY CA JT UNION HS DIST 103,681.00 0.32 CHARLES SCHWAB 241,166.40 0.75 DEERE & COMPANY 361,000.48 1.13 FANNIE MAE 510,083.13 1.59 FEDERAL HOME LOAN BANKS 349,824.30 1.09 FREDDIE MAC 734,971.91 2.29 GM FINANCIAL AUTO LEASING TRUST 278,820.52 0.87 GM FINANCIAL SECURITIZED TERM 562,877.88 1.75 GOLDMAN SACHS GROUP INC 434,469.20 1.35 HERSHEY COMPANY 179,683.00 0.56 HONDA AUTO RECEIVABLES 384,685.54 1.20 IBM CORP 304,767.30 0.95 INTERNATIONAL FINANCE CORPORATION 407,152.00 1.27 INTL BANK OF RECONSTRUCTION AND DEV 325,906.75 1.02 JP MORGAN CHASE & CO 699,523.43 2.18 MORGAN STANLEY 437,464.00 1.36 NATIONAL RURAL UTILITIES CO FINANCE CORP 407,009.60 1.27 PACCAR FINANCIAL CORP 143,321.92 0.45 PEPSICO INC 283,877.72 0.88 PNC FINANCIAL SERVICES GROUP 434,745.60 1.36 ROYAL BANK OF CANADA 694,902.38 2.17 SKANDINAVISKA ENSKILDA BANKEN AB 412,372.00 1.29 PFM Asset Management LLC For the Month Ending May 31, 2020 NR 6.52% 0.86% A+ BBB+ 3.73% 2.72% A- AAArn 9.17% 0.40% A -1 AAA 5.80% 12.01% AA- 2.49% L_A -1+ AA+ 2.31% 53.99% Page 4 � r J — Managed Account Issuer Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Total $32,081,978.15 100.00% For the Month Ending May 31, 2020 PFM Asset Management LLC Page 5 Market Value Issuer of Holdings Percent STATE OF CONNECTICUT 601000.00 0.19 STATE STREET CORPORATION 127,029.25 0.40 SWEDBANK AB 806,928.00 2.52 THE BANK OF NEW YORK MELLON CORPORATION 412,681.20 1.29 THE WALT DISNEY CORPORATION 412,766.00 1.29 TOYOTA MOTOR CORP 50,984.70 0.16 TRUIST FIN CORP 328,992.70 1.03 UNILEVER PLC 305,098.80 0.95 UNITED STATES TREASURY 15,162,059.04 47.26 VOLKSWAGEN OF AMERICA 331,569.97 1.03 WELLS FARGO & COMPANY 50,437.50 0.16 WESTPAC BANKING CORP 742,561.88 2.31 Total $32,081,978.15 100.00% For the Month Ending May 31, 2020 PFM Asset Management LLC Page 5 � r CALIJ - Managed Account Detail of Securities Held For the Month Ending May 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 99.83 10,061.64 10,126.56 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 2.24 110.34 15,034.20 15,135.94 DTD 12/31/2015 1.750% 12/31/2020 US TREASURY N/B NOTES 912828R69 1,100,000.00 AA+ Aaa 04/01/19 04/05/19 1,070,050.78 2.32 48.84 1,078,401.81 1,146,921.82 DTD 05/31/2016 1.625% 05/31/2023 US TREASURY N/B NOTES 912828R69 1,200.000.00 AA+ Aaa 03/04/19 03/06/19 1,156.453.12 2.53 53.28 1,169,204.73 1,251.187.44 DTD 05/31/2016 1.625% 05/31/2023 US TREASURY N/B NOTES 912828R69 1,525,000.00 AA+ Aaa 05/01/19 05/03/19 1,488,304.69 2.25 67.71 1,498,039.17 1,590,050.71 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 1.83 136.53 3,056,834.22 3,206,167.81 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 1,413.05 1,004,812.17 1,047.812.50 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 2,331.52 1,641,408.57 1,728,890.63 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 2,732.14 333,191.05 347,953.13 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 4,203.30 523,011.83 535,312.50 DTD 06/30/2017 2.000% 06/30/2024 US TREASURY N/B NOTES 912828XX3 1,300.000.00 AA+ Aaa 11/01/19 11/06/19 1,326,304.69 1.55 10,928.57 1,323,082.44 1,391.812.50 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 22,697.80 2,736,213.30 2,890,687.50 DTD 06/30/2017 2.000% 06/30/2024 Security Type Sub -Total 14,400,000.00 14,360,531.05 1.84 44,822.91 14,389,295.13 15,162,059.04 Supra-National Agency :. Note PFM Asset Management LLC Page 6 � r CALIJ — M =mmmnrl erd-niinIF notnil of Cne iiriiFinc 14niel For the Month Endina Mav 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 1.64 171.28 49,987.59 50,139.50 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 2.45 428.19 124,971.63 125,348.75 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 2.45 513.83 149,965.95 150,418.50 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 2.97 300.10 49,990.32 50,894.00 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 2.97 300.10 49,990.32 50,894.00 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 1,800.59 299,941.94 305.364.00 NOTE DTD 03/16/2018 2.635% 03/09/2021 Security Type Sub -Total Municipal Bond / Note 725,000.00 723,920.00 2.55 3,514.09 724,847.75 733,058.75 CONNECTICUT ST- A -TXBL MUNICIPAL 20772K]WO 60,000.00 A Al 05/29/20 06/11/20 60,000.00 2.00 0.00 60,000.00 60,000.00 BONDS 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 2.10 700.33 100,000.00 103.681.00 DTD 12/05/2019 2.101% 08/01/2024 Security Type Sub -Total 160,000.00 160,000.00 2.06 700.33 160,000.00 163,681.00 PFM Asset Management LLC Page 7 � r CALIJ - Mnmmmnrl erd-niinIF notnil of Cne iiriiFinc 14niel For the Month Endina Mav 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 Par Rating Rating Date Date Cost at Cost Interest Cost Value Federal Agency Collateralized Mortgage Obligation FNA 2018 -M5 A2 3136B1XP4 22,400.95 AA+ Aaa 04/11/18 04/30/18 22,846.53 3.11 66.46 22,562.43 22,592.67 DTD 04/01/2018 3.560% 09/01/2021 FNA 2018 -M5 A2 3136B1XP4 22,400.95 AA+ Aaa 04/11/18 04/30/18 22,846.53 3.11 66.46 22,562.43 22,592.67 DTD 04/01/2018 3.560% 09/01/2021 FNA 2018 -M5 A2 3136B1XP4 112,004.75 AA+ Aaa 04/11/18 04/30/18 114,232.62 2.93 332.28 112,812.09 112,963.34 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 3.08 90.12 35,149.69 36,406.85 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 3.09 90.12 35,149.69 36,406.84 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 2.88 412.00 160,684.28 166,431.29 DTD 12/01/2015 3.090% 08/01/2022 FHMS KP05 A 3137FKK39 113,134.31 AA+ Aaa 12/07/18 12/17/18 113,133.97 3.20 301.97 113,134.08 115,804.28 DTD 12/01/2018 3.203% 07/01/2023 FHMS KJ27 Al 3137FO3V3 103,512.89 AA+ Aaa 11/20/19 11/26/19 103,510.41 2.09 180.46 103,510.68 106,231.81 DTD 11/01/2019 2.092% 07/25/2024 FHMS K043 A2 3137BGK24 250,000.00 AA+ Aaa 03/19/20 03/25/20 262,382.81 1.97 637.92 261,897.77 273,690.84 DTD 03/01/2015 3.062% 12/25/2024 Security Type Sub -Total Note Federal Agency Bond 853,453.85 870,911.47 2.58 2,177.79 867,463.14 893,120.59 / FEDERAL HOME LOAN BANK NOTES 3130AJHU6 350,000.00 AA+ Aaa 04/15/20 04/16/20 348,264.00 0.60 218.75 348,307.78 349,824.30 DTD 04/16/2020 0.500% 04/14/2025 FANNIE MAE NOTES 3135G03U5 350,000.00 AA+ Aaa 04/22/20 04/24/20 349.279.00 0.67 224.83 349,294.02 351,934.45 DTD 04/24/2020 0.625% 04/22/2025 Security Type Sub -Total 700,000.00 697,543.00 0.63 443.58 697,601.80 701,758.75 PFM Asset Management LLC Page 8 � r CALIJ _ Mnnnnorl Areniint Ilotnil of Coe -iiritioc 14olel For the Month Endina Mav 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 JOHN DEERE CAPITAL CORP NOTES 24422ETS8 25,000.00 A A2 06/19/17 06/22/17 24,984.75 2.67 215.31 24,999.71 25,021.98 DTD 06/22/2017 1.950% 06/22/2020 WELLS FARGO & COMPANY NOTES 94974BGR5 50,000.00 A- A2 05/06/16 05/10/16 51,108.00 2.96 616.25 50,130.29 50,437.50 DTD 12/07/2015 2.550% 12/07/2020 BRANCH BANKING & TRUST (CALLABLE) 05531FAZ6 25,000.00 A- A3 10/23/17 10/26/17 24,988.50 3.00 179.17 24,997.64 25,249.70 NOTES DTD 10/26/2017 2.150% 02/01/2021 BRANCH BANKING & TRUST (CALLABLE) 05531FAZ6 25,000.00 A- A3 10/23/17 10/26/17 24,988.50 3.00 179.17 24,997.64 25,249.70 NOTES DTD 10/26/2017 2.150% 02/01/2021 BRANCH BANKING & TRUST (CALLABLE) 05531FAZ6 75,000.00 A- A3 10/23/17 10/26/17 74,965.50 2.17 537.50 74,992.92 75,749.10 NOTES DTD 10/26/2017 2.150% 02/01/2021 IBM CORP CORP NOTES 44932HAG8 300,000.00 A A2 02/01/18 02/06/18 299,853.00 2.67 2,561.67 299,966.57 304,767.30 DTD 02/06/2018 2.650% 02/05/2021 NATIONAL RURAL UTIL COOP NOTE 63743HER9 25,000.00 A A2 02/21/18 02/26/18 24,894.25 3.17 153.06 24,972.73 25,438.10 DTD 02/26/2018 2.900% 03/15/2021 NATIONAL RURAL UTIL COOP NOTE 63743HER9 25,000.00 A A2 02/21/18 02/26/18 24,972.25 3.17 153.06 24,992.84 25,438.10 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 24,894.25 3.18 153.06 24,971.39 25,438.10 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 3.18 153.06 24,992.49 25,438.10 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 2.94 765.28 124,964.22 127,190.50 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 1,071.39 174,799.76 178,066.70 DTD 02/26/2018 2.900% 03/15/2021 UNILEVER CAPITAL CORP NOTES 904764AZO 300,000.00 A+ Al 03/19/18 03/22/18 298,467.00 2.93 1,581.25 299,588.78 305,098.80 DTD 03/22/2018 2.750% 03/22/2021 PFM Asset Management LLC Page 9 � r CALIJ - M =mmmnrl erd-niinIF notnil of Cne- iiriiFinc 14niel For the Month Endina Mav 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 TOYOTA MOTOR CREDIT CORP NOTES 89236TEU5 50,000.00 A+ Al 04/10/18 04/13/18 49,980.00 3.05 196.67 49,994.23 50,984.70 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 2.78 102.22 39,998.02 40,553.96 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 2.78 102.22 39,998.02 40,553.96 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 2.90 159.72 50,187.26 50,787.10 (CALLABLE) DTD 02/19/2016 2.500% 04/15/2021 BANK OF NEW YORK MELLON CORP 06406FAAl 50,000.00 A Al 05/16/16 05/19/16 51,149.00 2.90 159.72 50,187.26 50,787.10 (CALLABLE) DTD 02/19/2016 2.500% 04/15/2021 BANK OF NEW YORK MELLON CORP 06406FAA1 100.000.00 A Al 05/16/16 05/19/16 102,326.00 2.00 319.45 100,404.86 101,574.20 (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 2.01 511.11 199,990.09 202,769.80 DTD 10/10/2017 2.000% 04/15/2021 BANK OF AMERICA CORP NOTE 06051GFW4 25,000.00 A- A2 11/01/17 11/03/17 25,194.00 2.39 76.56 25,049.46 25,466.43 DTD 04/19/2016 2.625% 04/19/2021 AMERICAN EXPRESS CREDIT (CALLABLE) 0258MOEB1 200,000.00 A- A2 05/25/16 05/31/16 199,536.00 2.30 325.00 199,912.87 202,904.60 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 36.17 19,998.37 20,474.56 DTD 05/10/2018 3.100% 05/10/2021 PACCAR FINANCIAL CORP 69371RP26 20,000.00 A+ Al 05/07/18 05/10/18 19,994.80 3.07 36.17 19,998.37 20,474.56 DTD 05/10/2018 3.100% 05/10/2021 BRANCH BANKING & TRUST (CALLABLE) 05531FAV5 25,000.00 A- A3 05/10/16 05/16/16 24,983.50 2.78 29.90 24,996.89 25,343.03 NOTE DTD 05/10/2016 2.050% 05/10/2021 PFM Asset Management LLC Page 10 � r CALIJ _ Mnnnnorl Areniint Ilotnil of Coe -iiritioc 14olel For the Month Endina Mav 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 BRANCH BANKING & TRUST (CALLABLE) 05531FAV5 25,000.00 A- A3 05/10/16 05/16/16 24,983.50 2.78 29.90 24,996.89 25,343.02 NOTE DTD 05/10/2016 2.050% 05/10/2021 PACCAR FINANCIAL CORP 69371RP26 100,000.00 A+ Al 05/07/18 05/10/18 99,974.00 3.11 180.84 99,991.86 102,372.80 DTD 05/10/2018 3.100% 05/10/2021 BRANCH BANKING & TRUST (CALLABLE) 05531FAV5 150,000.00 A- A3 05/10/16 05/16/16 149,901.00 2.06 179.38 149,981.34 152,058.15 NOTE DTD 05/10/2016 2.050% 05/10/2021 HERSHEY COMPANY CORP NOTES 427866BA5 25,000.00 A Al 05/03/18 05/10/18 24,982.75 3.09 34.44 24,994.55 25,669.00 DTD 05/10/2018 3.100% 05/15/2021 HERSHEY COMPANY CORP NOTES 427866BA5 25,000.00 A Al 05/03/18 05/10/18 24,982.75 3.09 34.44 24,994.55 25,669.00 DTD 05/10/2018 3.100% 05/15/2021 HERSHEY COMPANY CORP NOTES 427866BA5 125,000.00 A Al 05/03/18 05/10/18 124,913.75 3.12 172.22 124,972.74 128,345.00 DTD 05/10/2018 3.100% 05/15/2021 STATE STREET CORP NOTES 857477AV5 25,000.00 A Al 05/19/16 05/24/16 24,905.50 2.64 16.25 24,981.73 25,405.85 DTD 05/19/2016 1.950% 05/19/2021 STATE STREET CORP NOTES 857477AV5 25,000.00 A Al 05/19/16 05/24/16 24,905.50 2.64 16.25 24,981.73 25,405.85 DTD 05/19/2016 1.950% 05/19/2021 STATE STREET CORP NOTES 857477AV5 75,000.00 A Al 05/19/16 05/24/16 74,716.50 2.03 48.75 74,945.20 76,217.55 DTD 05/19/2016 1.950% 05/19/2021 CHARLES SCHWAB CORP NOTES 808513AW5 35,000.00 A A2 05/17/18 05/22/18 34,998.95 3.18 31.60 34,999.66 35,918.40 DTD 05/22/2018 3.250% 05/21/2021 CHARLES SCHWAB CORP NOTES 808513AW5 200,000.00 A A2 05/17/18 05/22/18 199,994.00 3.25 180.55 199,998.06 205,248.00 DTD 05/22/2018 3.250% 05/21/2021 BANK OF AMERICA CORP (CALLABLE) 06051GGS2 35,000.00 A- A2 09/13/17 09/18/17 35,000.00 2.92 135.80 35,000.00 34,914.08 DTD 09/18/2017 2.328% 10/01/2021 BANK OF AMERICA CORP (CALLABLE) 06051GGS2 35,000.00 A- A2 09/13/17 09/18/17 35,000.00 2.92 135.80 35,000.00 34,914.07 DTD 09/18/2017 2.328% 10/01/2021 PFM Asset Management LLC Page 11 � r CALIJ - M =mmmnrl erd-niinIF notnil of Cne- iiriiFinc 14niel For the Month Endina Mav 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 BANK OF AMERICA CORP (CALLABLE) 06051GGS2 200,000.00 A- A2 09/13/17 09/18/17 200,000.00 2.33 776.00 200,000.00 199,509.00 DTD 09/18/2017 2.328% 10/01/2021 JOHN DEERE CAPITAL CORP NOTES 24422ETL3 50,000.00 A A2 03/10/17 03/15/17 49,779.50 3.04 533.68 49,926.75 51,689.00 DTD 01/06/2017 2.650% 01/06/2022 JOHN DEERE CAPITAL CORP NOTES 24422ETL3 275,000.00 A A2 03/10/17 03/15/17 273,787.25 2.75 2,935.24 274,597.13 284,289.50 DTD 01/06/2017 2.650% 01/06/2022 BANK OF AMERICA CORP NOTES 06051GHH5 15,000.00 A- A2 05/14/18 05/17/18 15,000.00 3.52 20.41 15,000.00 15,351.65 DTD 05/17/2018 3.499% 05/17/2022 BANK OF AMERICA CORP NOTES 06051GHH5 15,000.00 A- A2 05/14/18 05/17/18 15,000.00 3.52 20.41 15,000.00 15,351.65 DTD 05/17/2018 3.499% 05/17/2022 BANK OF AMERICA CORP NOTES 06051GHH5 75,000.00 A- A2 05/14/18 05/17/18 75,000.00 3.50 102.06 75,000.00 76,758.22 DTD 05/17/2018 3.499% 05/17/2022 JPMORGAN CHASE & CO BONDS 46647PBB1 675,000.00 A- A2 03/15/19 03/22/19 675,000.00 3.21 3,607.88 675,000.00 699,523.43 DTD 03/22/2019 3.207% 04/01/2023 PNC BANK NA CORP NOTES 693475AV7 400,000.00 A- A3 02/12/19 02/15/19 402,848.00 3.34 4,977.78 402,102.43 434,745.60 DTD 01/23/2019 3.500% 01/23/2024 MORGAN STANLEY CORP NOTES 61746BDO6 400,000.00 BBB+ A3 07/19/19 07/23/19 422,916.00 2.59 1,377.78 418,785.33 437,464.00 DTD 04/28/2014 3.875% 04/29/2024 AMERICAN HONDA FINANCE CORP NOTE 02665WCZ2 400,000.00 A- A3 07/11/19 07/15/19 398,016.00 2.51 4,106.67 398,369.15 410,787.60 DTD 06/27/2019 2.400% 06/27/2024 GOLDMAN SACHS GROUP INC BONDS 38141EC23 400,000.00 BBB+ A3 07/08/19 07/11/19 418,632.00 2.84 6,117.22 415,301.94 434,469.20 DTD 07/08/2014 3.850% 07/08/2024 WALT DISNEY COMPANY /THE 254687FK7 400,000.00 A- A2 09/03/19 09/06/19 398,368.00 1.83 1,808.33 398,609.21 412,766.00 DTD 09/06/2019 1.750% 08/30/2024 BANK OF NY MELLON CORP 06406RAL1 200,000.00 A Al 01/21/20 01/28/20 200,880.00 2.00 431.67 200,816.45 209,532.80 DTD 10/24/2019 2.100% 10/24/2024 APPLE INC (CALLABLE) CORP NOTES 037833DT4 550,000.00 AA+ Aal 05/11/20 05/13/20 551,105.50 1.08 343.75 551,093.79 559,411.05 DTD 05/11/2020 1.125% 05/11/2025 PFM Asset Management LLC Page 12 � r CALIJ - Managed Account Detail of Securities Held 5 CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS For the Month Ending May 31, 2020 Security Type/ Description S &P Moody's Trade Settle Original YTM Accrued Amortized Market Dated Date /Coupon /Maturity CUSIP Par Rating Rating Date Date Cost at Cost Interest Cost Value Security Type Sub -Total BANK OF NOVA SCOTIA HOUSTON CD 06417GU22 DTD 06/07/2018 3.080% 06/05/2020 06/05/18 BANK OF NOVA SCOTIA HOUSTON CD 06417GU22 DTD 06/07/2018 3.080% 06/05/2020 451.73 BANK OF NOVA SCOTIA HOUSTON CD 06417GU22 DTD 06/07/2018 3.080% 06/05/2020 A -1 WESTPAC BANKING CORP NY CD 96121T4A3 DTD 08/07/2017 2.050% 08/03/2020 49,981.00 WESTPAC BANKING CORP NY CD 96121T4A3 DTD 08/07/2017 2.050% 08/03/2020 50,016.10 WESTPAC BANKING CORP NY CD 96121T4A3 DTD 08/07/2017 2.050% 08/03/2020 06/05/18 BANK OF MONTREAL CHICAGO CERT DEPOS 06370REU9 DTD 08/03/2018 3.190% 08/03/2020 4,517.34 SWEDBANK (NEW YORK) CERT DEPOS 87019U6D6 DTD 05/16/2019 2.270% 11/16/2020 A -1+ SWEDBANK (NEW YORK) CERT DEPOS 87019U6D6 DTD 05/16/2019 2.270% 11/16/2020 100,000.00 SWEDBANK (NEW YORK) CERT DEPOS 87019U6D6 DTD 05/16/2019 2.270% 11/16/2020 100,346.20 ROYAL BANK OF CANADA NY CD 78012UEE1 DTD 06/08/2018 3.240% 06/07/2021 08/03/17 ROYAL BANK OF CANADA NY CD 78012UEE1 DTD 06/08/2018 3.240% 06/07/2021 649.17 ROYAL BANK OF CANADA NY CD 78012UEE1 DTD 06/08/2018 3.240% 06/07/2021 A -1+ SKANDINAV ENSKILDA BANK LT CD 83050PDR7 DTD 09/03/2019 1.860% 08/26/2022 540,000.00 6,955,000.00 6,998,050.80 2.60 38,729.24 6,989,523.17 7,190,387.15 30,000.00 A -1 P -1 06/05/18 06/07/18 29,988.60 2.79 451.73 29,999.78 30,009.66 50,000.00 A -1 P -1 06/05/18 06/07/18 49,981.00 2.79 752.89 49,999.63 50,016.10 300,000.00 A -1 P -1 06/05/18 06/07/18 299,886.00 3.10 4,517.34 299,997.78 300,096.60 100,000.00 A -1+ P -1 08/03/17 08/07/17 100,000.00 2.61 649.17 100,000.00 100,346.20 100,000.00 A -1+ P -1 08/03/17 08/07/17 100,000.00 2.61 649.17 100,000.00 100,346.20 540,000.00 A -1+ P -1 08/03/17 08/07/17 540,000.00 2.05 3,505.50 540,000.00 541,869.48 670,000.00 A -1 P -1 08/01/18 08/03/18 670,000.00 3.19 17,870.20 670,000.00 673,852.50 100,000.00 A -1 P -1 11/16/17 11/17/17 100,000.00 2.97 88.28 100.000.00 100,866.00 100,000.00 A -1 P -1 11/16/17 11/17/17 100,000.00 2.97 88.28 100,000.00 100,866.00 600,000.00 A -1 P -1 11/16/17 11/17/17 600,000.00 2.24 529.67 600,000.00 605,196.00 50,000.00 AA- Aa2 06/07/18 06/08/18 50,000.00 2.98 783.00 50.000.00 51,474.25 100,000.00 AA- Aa2 06/07/18 06/08/18 100,000.00 2.98 1,566.00 100,000.00 102,948.50 525,000.00 AA- Aa2 06/07/18 06/08/18 525,000.00 3.24 8,221.50 525,000.00 540,479.63 400,000.00 A+ Aa2 08/29/19 09/03/19 400,000.00 1.85 1,984.00 400,000.00 412,372.00 PFM Asset Management LLC Page 13 � r CALIJ - M =n =nnrl Ard-niinIF notmil of Cne iiriiFinc 14niel For the Month Endina Mav 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 Par Rating Rating Date Date Cost at Cost Interest Cost Value Deposit Certificate of Security Type Sub -Total Asset-Backed Security 3,665,000.00 3,664,855.60 2.66 41,656.73 3,664,997.19 3,710,739.12 BMWLT 2018 -1 A4 05586CAD6 300,000.00 AAA Aaa 10/10/18 10/17/18 299,997.33 3.36 308.00 299,998.60 305,231.97 DTD 10/17/2018 3.360% 03/20/2022 GMALT 2018 -3 A4 36256GAE9 275,000.00 AAA Aaa 09/18/18 09/26/18 274,964.97 3.30 277.29 274,980.41 278,820.52 DTD 09/26/2018 3.300% 07/20/2022 HAROT 2018 -4 A3 43815AAC6 375,000.00 AAA Aaa 11/20/18 11/28/18 374,943.94 3.16 526.67 374,964.41 384,685.54 DTD 11/28/2018 3.160% 01/15/2023 VALET 2018 -2 A3 9286913AD4 325,000.00 AAA Aaa 11/15/18 11/21/18 324,986.35 3.25 322.74 324,991.08 331,569.97 DTD 11/21/2018 3.250% 04/20/2023 GMCAR 2018 -3 A3 362553AD6 281,104.21 AAA NR 07/11/18 07/18/18 281,038.66 3.03 353.72 281,064.09 286,232.48 DTD 07/18/2018 3.020% 05/16/2023 CARMAX AUTO OWNER TRUST 14313FAD1 350,000.00 AAA NR 07/18/18 07/25/18 349,952.30 3.13 486.89 349,970.38 356,220.06 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 3.36 522.67 349,997.84 360,159.42 DTD 10/24/2018 3.360% 09/15/2023 GMCAR 2019 -1 A3 36256XAD4 270,000.00 NR Aaa 01/08/19 01/16/19 269,970.11 2.97 334.13 269,978.61 276,645.40 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 1.73 611.56 799,828.68 818,445.36 DTD 09/05/2019 1.720% 08/15/2024 Security Type Sub -Total 3,326,104.21 3,325,649.00 2.85 3,743.67 3,325,774.10 3,398,010.72 Managed Account Sub -Total 30,784,558.06 30,801,460.92 2.22 135,788.34 30,819,502.28 31,952,815.12 Money Market Mutual Fund CAMP Pool 129,163.03 AAAm NR 129,163.03 0.00 129,163.03 129,163.03 PFM Asset Management LLC Page 14 CALIJ— Managed Account Detail of Securities Held For the Month Ending May 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 CUSIP Par Rating Rating Date Date Cost at Cost Interest Cost Value Money Market Sub -Total 129,163.03 129,163.03 0.00 129,163.03 129,163.03 Securities Sub -Total $30,913,721.09 $30,930,623.95 2.22% $135,788.34 $30,948,665.31 $32,081,978.15 Accrued Interest $135,788.34 Total Investments Bolded items are forward settling trades. PFM Asset Management LLC $32,217,766.49 Page 15 � r � CAE1J__F___ Mnnnnnrl Airnniint IFmir Mmrlrnt Vnliin % Anmli.tir-c For the Month Endina Mav 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 101.27 10,126.56 (375.78) 64.92 0.58 0.20 DTD 12/31/2013 2.375% 12/31/2020 US TREASURY NOTES 912828N48 15,000.00 MORGANST 100.91 15,135.94 (133.00) 101.74 0.58 0.19 DTD 12/31/2015 1.750% 12/31/2020 US TREASURY N/B NOTES 912828R69 1,100,000.00 SOCGEN 104.27 1,146,921.82 76,871.04 68,520.01 2.92 0.20 DTD 05/31/2016 1.625% 05/31/2023 US TREASURY N/B NOTES 912828R69 1,200,000.00 MORGANSS 104.27 1,251,187.44 94,734.32 81,982.71 2.92 0.20 DTD 05/31/2016 1.625% 05/31/2023 US TREASURY N/B NOTES 912828R69 1,525,000.00 MORGANSS 104.27 1,590,050.71 101,746.02 92,011.54 2.92 0.20 DTD 05/31/2016 1.625% 05/31/2023 US TREASURY N/B NOTES 912828R69 3,075,000.00 MORGANSS 104.27 3,206,167.81 155,311.36 149,333.59 2.92 0.20 DTD 05/31/2016 1.625% 05/31/2023 US TREASURY NOTES 912828T91 1,000,000.00 BNP_PARI 104.78 1,047,812.50 42,070.31 43,000.33 3.34 0.22 DTD 10/31/2016 1.625% 10/31/2023 US TREASURY NOTES 912828T91 1,650,000.00 MERRILL 104.78 1,728,890.63 89,783.21 87,482.06 3.34 0.22 DTD 10/31/2016 1.625% 10/31/2023 US TREASURY N/B NOTES 912828XX3 325,000.00 HSBC 107.06 347,953.13 14,129.89 14,762.08 3.92 0.26 DTD 06/30/2017 2.000% 06/30/2024 US TREASURY N/B NOTES 912828XX3 500,000.00 HSBC 107.06 535,312.50 10,957.03 12,300.67 3.92 0.26 DTD 06/30/2017 2.000% 06/30/2024 US TREASURY N/B NOTES 912828XX3 1,300,000.00 MORGANSS 107.06 1,391,812.50 65,507.81 68,730.06 3.92 0.26 DTD 06/30/2017 2.000% 06/30/2024 US TREASURY N/B NOTES 912828XX3 2.700,000.00 HSBC 107.06 2,890,687.50 150,925.78 154,474.20 3.92 0.26 DTD 06/30/2017 2.000% 06/30/2024 Security Type Sub -Total 14,400,000.00 15,162,059.04 801,527.99 772,763.91 3.34 0.22 INTL BANK OF RECONSTRUCTION AND 45905UP32 50,000.00 HSBC 100.28 50,139.50 259.50 151.91 0.29 0.57 DEV NOTE DTD 09/19/2017 1.561% 09/12/2020 INTL BANK OF RECONSTRUCTION AND 45905UP32 125,000.00 HSBC 100.28 125,348.75 648.75 377.12 0.29 0.57 DEV NOTE DTD 09/19/2017 1.561% 09/12/2020 PFM Asset Management LLC Page 16 � F- � CAE1J__F___ Mnnnnnrl Airnniint IFmir Mmrlrnt Vnliin % Anmli.tio-c For the Month Endina Mav 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 100.28 150,418.50 778.50 452.55 0.29 0.57 DEV NOTE 30.24 0.82 2.86 DTD 04/01/2018 3.560% 09/01/2021 DTD 09/19/2017 1.561% 09/12/2020 INTERNATIONAL FINANCE CORPORATION 45950VLO7 50,000.00 HSBC 101.79 50,894.00 931.50 903.68 0.77 0.32 NOTE 22,592.67 (253.86) 30.24 0.82 2.86 DTD 03/16/2018 2.635% 03/09/2021 INTERNATIONAL FINANCE CORPORATION 45950VLO7 50,000.00 HSBC 101.79 50,894.00 931.50 903.68 0.77 0.32 NOTE 3PM_CHAS 100.86 112,963.34 (1,269.28) 151.25 DTD 03/16/2018 2.635% 03/09/2021 0.82 2.86 DTD 04/01/2018 3.560% 09/01/2021 INTERNATIONAL FINANCE CORPORATION 45950VLO7 300,000.00 HSBC 101.79 305,364.00 5,589.00 5,422.06 0.77 0.32 NOTE 3137BM6P6 35,000.00 CITIGRP 104.02 36,406.85 DTD 03/16/2018 2.635% 03/09/2021 1,257.16 1.97 1.21 DTD 12/01/2015 3.090% 08/01/2022 Security Type Sub -Total 725,000.00 733,058.75 9,138.75 8,211.00 0.56 0.43 CONNECTICUT ST- A -TXBL MUNICIPAL 20772KJW0 60,000.00 SIEBERT 100.00 60,000.00 0.00 0.00 3.95 2.00 BONDS DTD 06/11/2020 1.998% 07/01/2024 CHAFFEY UHSD, CA TXBL GO BONDS 157411TK5 100,000.00 RBC 103.68 103,681.00 3,681.00 3,681.00 3.99 1.19 DTD 12/05/2019 2.101% 08/01/2024 Security Type Sub -Total 160,000.00 163,681.00 3,681.00 3,681.00 3.98 1.49 FNA 2018 -M5 A2 3136B1XP4 22,400.95 3PM_CHAS 100.86 22,592.67 (253.86) 30.24 0.82 2.86 DTD 04/01/2018 3.560% 09/01/2021 FNA 2018 -M5 A2 3136B1XP4 22,400.95 JPM_CHAS 100.86 22,592.67 (253.86) 30.24 0.82 2.86 DTD 04/01/2018 3.560% 09/01/2021 FNA 2018 -M5 A2 3136B1XP4 112,004.75 3PM_CHAS 100.86 112,963.34 (1,269.28) 151.25 0.82 2.86 DTD 04/01/2018 3.560% 09/01/2021 FHLMC SERIES K721 A2 3137BM6P6 35,000.00 CITIGRP 104.02 36,406.85 1,108.80 1,257.16 1.97 1.21 DTD 12/01/2015 3.090% 08/01/2022 PFM Asset Management LLC Page 17 � r � CAE1j__F___ Mnnnnnrl Airnniint IFmir Mmrhnt Vniiin % Anmli.tio-c For the Month Endina Mav 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 FHLMC SERIES K721 A2 3137BM6P6 35,000.00 CITIGRP 104.02 36,406.84 1,108.79 1,257.15 1.97 1.21 DTD 12/01/2015 3.090% 08/01/2022 22.27 0.06 0.51 94974BGR5 50,000.00 UBS AG FHLMC SERIES K721 A2 3137BM6P6 160,000.00 CITIGRP 104.02 166,431.29 5,068.79 5,747.01 1.97 1.21 DTD 12/01/2015 3.090% 08/01/2022 05531FAZ6 25,000.00 MORGAN_S 01/01/21 101.00 25,249.70 FHMS KP05 A 3137FKK39 113,134.31 CSFB 102.36 115,804.28 2,670.31 2,670.20 1.45 2.41 DTD 12/01/2018 3.203% 07/01/2023 101.00 25,249.70 261.20 252.06 FHMS K327 Al 3137FO3V3 103,512.89 3PM_CHAS 102.63 106,231.81 2,721.40 2,721.13 2.64 1.44 DTD 11/01/2019 2.092% 07/25/2024 FHMS K043 A2 3137BGK24 250,000.00 CITIGRP 109.48 273,690.84 11,308.03 11,793.07 4.20 0.94 DTD 03/01/2015 3.062% 12/25/2024 Security Type Sub -Total 853,453.85 893,120.59 22,209.12 25,657.45 2.46 1.60 FEDERAL HOME LOAN BANK NOTES 3130AJHU6 350,000.00 CITIGRP 99.95 349,824.30 1,560.30 1,516.52 4.82 0.51 DTD 04/16/2020 0.500% 04/14/2025 FANNIE MAE NOTES 3135G03U5 350,000.00 CITIGRP 100.55 351,934.45 2,655.45 2,640.43 4.83 0.51 DTD 04/24/2020 0.625% 04/22/2025 Security Type Sub -Total 700,000.00 701,758.75 4,215.75 4,156.95 4.82 0.51 JOHN DEERE CAPITAL CORP NOTES DTD 06/22/2017 1.950% 06/22/2020 WELLS FARGO & COMPANY NOTES DTD 12/07/2015 2.550% 12/07/2020 BRANCH BANKING & TRUST (CALLABLE) NOTES DTD 10/26/2017 2.150% 02/01/2021 BRANCH BANKING & TRUST (CALLABLE) NOTES DTD 10/26/2017 2.150% 02/01/2021 24422ETS8 25,000.00 DEUTSCHE 100.09 25,021.98 37.23 22.27 0.06 0.51 94974BGR5 50,000.00 UBS AG 100.88 50,437.50 (670.50) 307.21 0.52 0.86 05531FAZ6 25,000.00 MORGAN_S 01/01/21 101.00 25,249.70 261.20 252.06 0.58 0.65 05531FAZ6 25,000.00 MORGAN_S 01/01/21 101.00 25,249.70 261.20 252.06 0.58 0.65 PFM Asset Management LLC Page 18 � r � CALIJ--F--- Mnnnnnrl Airnniint I;nir Mnrlrnt Vnliin % Annhitir-c CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/ Description Next Call Market Market Unreal G/L Dated Date /Coupon /Maturity CUSIP Par Broker Date Price Value On Cost BRANCH BANKING & TRUST (CALLABLE) NOTES DTD 10/26/2017 2.150% 02/01/2021 IBM CORP CORP NOTES DTD 02/06/2018 2.650% 02/05/2021 NATIONAL RURAL UTIL COOP NOTE DTD 02/26/2018 2.900% 03/15/2021 NATIONAL RURAL UTIL COOP NOTE DTD 02/26/2018 2.900% 03/15/2021 NATIONAL RURAL UTIL COOP NOTE DTD 02/26/2018 2.900% 03/15/2021 NATIONAL RURAL UTIL COOP NOTE DTD 02/26/2018 2.900% 03/15/2021 NATIONAL RURAL UTIL COOP NOTE DTD 02/26/2018 2.900% 03/15/2021 NATIONAL RURAL UTIL COOP NOTE DTD 02/26/2018 2.900% 03/15/2021 UNILEVER CAPITAL CORP NOTES DTD 03/22/2018 2.750% 03/22/2021 TOYOTA MOTOR CREDIT CORP NOTES DTD 04/13/2018 2.950% 04/13/2021 PEPSICO INC CORP (CALLABLE) NOTE DTD 10/10/2017 2.000% 04/15/2021 PEPSICO INC CORP (CALLABLE) NOTE DTD 10/10/2017 2.000% 04/15/2021 BANK OF NEW YORK MELLON CORP (CALLABLE) DTD 02/19/2016 2.500% 04/15/2021 BANK OF NEW YORK MELLON CORP (CALLABLE) DTD 02/19/2016 2.500% 04/15/2021 BANK OF NEW YORK MELLON CORP (CALLABLE) DTD 02/19/2016 2.500% 04/15/2021 For the Month Ending May 31, 2020 Unreal G/L Effective YTM Amort Cost Duration at Mkt 05531FAZ6 75,000.00 MORGAN_S 01/01/21 101.00 75,749.10 783.60 756.18 0.58 0.65 44932HAGS 300,000.00 BNP_PARI 101.59 304,767.30 4,914.30 4,800.73 0.68 0.31 63743HER9 25,000.00 RBC 101.75 25,438.10 543.85 465.37 0.79 0.68 63743HER9 25,000.00 RBC 101.75 25,438.10 465.85 445.26 0.79 0.68 63743HER9 25,000.00 RBC 101.75 25,438.10 543.85 466.71 0.79 0.68 63743HER9 25,000.00 RBC 101.75 25,438.10 465.85 445.61 0.79 0.68 63743HER9 125,000.00 RBC 101.75 127,190.50 2,329.25 2,226.28 0.79 0.68 63743HER9 175,000.00 RBC 101.75 178,066.70 3,806.95 3,266.94 0.79 0.68 904764AZO 300,000.00 CITIGRP 101.70 305,098.80 6,631.80 5,510.02 0.81 0.65 89236TEU5 50,000.00 3PM_CHAS 101.97 50,984.70 1,004.70 990.47 0.86 0.67 713448DX3 40,000.00 MERRILL 03/15/21 101.38 40,553.96 561.96 555.94 0.79 0.41 713448DX3 40,000.00 MERRILL 03/15/21 101.38 40,553.96 561.96 555.94 0.79 0.41 06406FAA1 50,000.00 KEYBAN 03/15/21 101.57 50,787.10 (361.90) 599.84 0.79 0.69 06406FAAl 50,000.00 KEYBAN 03/15/21 101.57 50,787.10 (361.90) 599.84 0.79 0.69 06406FAA1 100,000.00 KEYBAN 03/15/21 101.57 101,574.20 (751.80) 1,169.34 0.79 0.69 PFM Asset Management LLC Page 19 � r � Managed Account Fair Market Value & Analytics CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS For the Month Ending May 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 PEPSICO INC CORP (CALLABLE) NOTE 713448DX3 200,000.00 MERRILL 03/15/21 101.38 202,769.80 2,809.80 2,779.71 0.79 0.41 DTD 10/10/2017 2.000% 04/15/2021 BANK OF AMERICA CORP NOTE 06051GFW4 25.000.00 MERRILL 101.87 25,466.43 272.43 416.97 0.88 0.51 DTD 04/19/2016 2.625% 04/19/2021 AMERICAN EXPRESS CREDIT (CALLABLE) 0258MOEB1 200,000.00 KEYBAN 04/04/21 101.45 202,904.60 3,368.60 2,991.73 0.84 0.68 NOTES DTD 05/05/2016 2.250% 05/05/2021 PACCAR FINANCIAL CORP 69371RP26 20.000.00 MERRILL 102.37 20,474.56 479.76 476.19 0.94 0.58 DTD 05/10/2018 3.100% 05/10/2021 PACCAR FINANCIAL CORP 69371RP26 20.000.00 MERRILL 102.37 20,474.56 479.76 476.19 0.94 0.58 DTD 05/10/2018 3.100% 05/10/2021 BRANCH BANKING & TRUST (CALLABLE) 05531FAV5 25.000.00 SCOTIA 04/09/21 101.37 25,343.03 359.53 346.14 0.86 0.59 NOTE DTD 05/10/2016 2.050% 05/10/2021 BRANCH BANKING & TRUST (CALLABLE) 05531FAV5 25.000.00 SCOTIA 04/09/21 101.37 25,343.02 359.52 346.13 0.86 0.59 NOTE DTD 05/10/2016 2.050% 05/10/2021 PACCAR FINANCIAL CORP 69371RP26 100,000.00 MERRILL 102.37 102,372.80 2,398.80 2,380.94 0.94 0.58 DTD 05/10/2018 3.100% 05/10/2021 BRANCH BANKING & TRUST (CALLABLE) 05531FAV5 150,000.00 SCOTIA 04/09/21 101.37 152,058.15 2,157.15 2,076.81 0.86 0.59 NOTE DTD 05/10/2016 2.050% 05/10/2021 HERSHEY COMPANY CORP NOTES 427866BA5 25.000.00 MERRILL 102.68 25,669.00 686.25 674.45 0.95 0.30 DTD 05/10/2018 3.100% 05/15/2021 HERSHEY COMPANY CORP NOTES 427866BA5 25.000.00 MERRILL 102.68 25,669.00 686.25 674.45 0.95 0.30 DTD 05/10/2018 3.100% 05/15/2021 HERSHEY COMPANY CORP NOTES 427866BA5 125,000.00 MERRILL 102.68 128,345.00 3,431.25 3,372.26 0.95 0.30 DTD 05/10/2018 3.100% 05/15/2021 STATE STREET CORP NOTES 857477AV5 25.000.00 GOLDMAN 101.62 25,405.85 500.35 424.12 0.97 0.27 DTD 05/19/2016 1.950% 05/19/2021 STATE STREET CORP NOTES 857477AV5 25.000.00 GOLDMAN 101.62 25,405.85 500.35 424.12 0.97 0.27 DTD 05/19/2016 1.950% 05/19/2021 STATE STREET CORP NOTES 857477AV5 75.000.00 GOLDMAN 101.62 76,217.55 1,501.05 1,272.35 0.97 0.27 DTD 05/19/2016 1.950% 05/19/2021 PFM Asset Management LLC Page 20 � r � CALIJ--F--- Mnnnnnrl Airnniint IFmir M =r4nt Vnliin % Anmli.tir-c For the Month Endina Mav 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 CHARLES SCHWAB CORP NOTES 808513AW5 35.000.00 CSFB 04/21/21 102.62 35,918.40 919.45 918.74 0.89 0.55 DTD 05/22/2018 3.250% 05/21/2021 CHARLES SCHWAB CORP NOTES 808513AW5 200,000.00 CSFB 04/21/21 102.62 205,248.00 5,254.00 5,249.94 0.89 0.55 DTD 05/22/2018 3.250% 05/21/2021 BANK OF AMERICA CORP (CALLABLE) 06051GGS2 35.000.00 MERRILL 10/01/20 99.75 34,914.08 (85.92) (85.92) 0.34 2.51 DTD 09/18/2017 2.328% 10/01/2021 BANK OF AMERICA CORP (CALLABLE) 06051GGS2 35.000.00 MERRILL 10/01/20 99.75 34,914.07 (85.93) (85.93) 0.34 2.51 DTD 09/18/2017 2.328% 10/01/2021 BANK OF AMERICA CORP (CALLABLE) 06051GGS2 200,000.00 MERRILL 10/01/20 99.75 199,509.00 (491.00) (491.00) 0.34 2.51 DTD 09/18/2017 2.328% 10/01/2021 JOHN DEERE CAPITAL CORP NOTES 24422ETL3 50.000.00 MITSU 103.38 51,689.00 1,909.50 1,762.25 1.57 0.53 DTD 01/06/2017 2.650% 01/06/2022 JOHN DEERE CAPITAL CORP NOTES 24422ETL3 275,000.00 MITSU 103.38 284,289.50 10,502.25 9,692.37 1.57 0.53 DTD 01/06/2017 2.650% 01/06/2022 BANK OF AMERICA CORP NOTES 06051GHH5 15.000.00 MERRILL 102.34 15,351.65 351.65 351.65 1.92 2.27 DTD 05/17/2018 3.499% 05/17/2022 BANK OF AMERICA CORP NOTES 06051GHH5 15.000.00 MERRILL 102.34 15,351.65 351.65 351.65 1.92 2.27 DTD 05/17/2018 3.499% 05/17/2022 BANK OF AMERICA CORP NOTES 06051GHH5 75.000.00 MERRILL 102.34 76,758.22 1,758.22 1,758.22 1.92 2.27 DTD 05/17/2018 3.499% 05/17/2022 JPMORGAN CHASE & CO BONDS 46647PBB1 675,000.00 JPM_CHAS 04/01/22 103.63 699,523.43 24,523.43 24,523.43 1.79 1.88 DTD 03/22/2019 3.207% 04/01/2023 PNC BANK NA CORP NOTES 693475AV7 400,000.00 CITIGRP 108.69 434,745.60 31,897.60 32,643.17 3.43 1.07 DTD 01/23/2019 3.500% 01/23/2024 MORGAN STANLEY CORP NOTES 61746BDO6 400,000.00 WELLS FA 109.37 437,464.00 14,548.00 18,678.67 3.67 1.41 DTD 04/28/2014 3.875% 04/29/2024 AMERICAN HONDA FINANCE CORP NOTE 02665WCZ2 400,000.00 WELLS FA 102.70 410,787.60 12,771.60 12,418.45 3.87 1.71 DTD 06/27/2019 2.400% 06/27/2024 GOLDMAN SACHS GROUP INC BONDS 38141EC23 400,000.00 SUSQ 108.62 434,469.20 15,837.20 19,167.26 3.80 1.67 DTD 07/08/2014 3.850% 07/08/2024 WALT DISNEY COMPANY /THE 254687FK7 400,000.00 JPM_CHAS 103.19 412,766.00 14,398.00 14,156.79 4.10 0.98 DTD 09/06/2019 1.750% 08/30/2024 BANK OF NY MELLON CORP 06406RALl 200,000.00 MORGAN_S 104.77 209,532.80 8,652.80 8,716.35 4.22 0.99 DTD 10/24/2019 2.100% 10/24/2024 PFM Asset Management LLC Page 21 � F- � CAE1J__F___ Mnnnnnrl Airnniint IFmir Mmrlrnt Vnliin % Anmli.tir-c For the Month Endina Mav 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 APPLE INC (CALLABLE) CORP NOTES 037833DT4 550,000.00 GOLDMAN 04/11/25 101.71 559,411.05 8,305.55 8,317.26 4.75 0.77 DTD 05/11/2020 1.125% 05/11/2025 Security Type Sub -Total 6,955,000.00 7,190,387.15 192,336.35 200,863.98 2.22 1.05 BANK OF NOVA SCOTIA HOUSTON CD DTD 06/07/2018 3.080% 06/05/2020 BANK OF NOVA SCOTIA HOUSTON CD DTD 06/07/2018 3.080% 06/05/2020 BANK OF NOVA SCOTIA HOUSTON CD DTD 06/07/2018 3.080% 06/05/2020 WESTPAC BANKING CORP NY CD DTD 08/07/2017 2.050% 08/03/2020 WESTPAC BANKING CORP NY CD DTD 08/07/2017 2.050% 08/03/2020 WESTPAC BANKING CORP NY CD DTD 08/07/2017 2.050% 08/03/2020 BANK OF MONTREAL CHICAGO CERT DEPOS DTD 08/03/2018 3.190% 08/03/2020 SWEDBANK (NEW YORK) CERT DEPOS DTD 05/16/2019 2.270% 11/16/2020 SWEDBANK (NEW YORK) CERT DEPOS DTD 05/16/2019 2.270% 11/16/2020 SWEDBANK (NEW YORK) CERT DEPOS DTD 05/16/2019 2.270% 11/16/2020 ROYAL BANK OF CANADA NY CD DTD 06/08/2018 3.240% 06/07/2021 ROYAL BANK OF CANADA NY CD DTD 06/08/2018 3.240% 06/07/2021 ROYAL BANK OF CANADA NY CD DTD 06/08/2018 3.240% 06/07/2021 PFM Asset Management LLC 06417GU22 30,000.00 GOLDMAN 100.03 30,009.66 21.06 9.88 0.02 0.75 06417GU22 50,000.00 GOLDMAN 100.03 50,016.10 35.10 16.47 0.02 0.75 06417GU22 300,000.00 GOLDMAN 100.03 300,096.60 210.60 98.82 0.02 0.75 96121T4A3 100,000.00 JPM_CHAS 100.35 100,346.20 346.20 346.20 0.18 0.07 96121T4A3 100,000.00 3PM_CHAS 100.35 100,346.20 346.20 346.20 0.18 0.07 96121T4A3 540,000.00 3PM_CHAS 100.35 541,869.48 1,869.48 1,869.48 0.18 0.07 06370REU9 670,000.00 BMO 100.58 673,852.50 3,852.50 3,852.50 0.18 -0.10 87019U6D6 100,000.00 MERRILL 100.87 100,866.00 866.00 866.00 0.46 0.38 87019U6D6 100,000.00 MERRILL 100.87 100,866.00 866.00 866.00 0.46 0.38 87019U6D6 600,000.00 MERRILL 100.87 605,196.00 5,196.00 5,196.00 0.46 0.38 78012UEE1 50,000.00 RBC 102.95 51,474.25 1,474.25 1,474.25 1.00 0.34 78012UEE1 100,000.00 RBC 102.95 102,948.50 2,948.50 2,948.50 1.00 0.34 78012UEE1 525,000.00 RBC 102.95 540,479.63 15,479.63 15,479.63 1.00 0.34 Page 22 � F- � CAE1J__F___ Mnnnnnel Airnniint Emir Mmrlrnt Vnliin % Anmli.tio-c For the Month Endina Mav 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 SKANDINAV ENSKILDA BANK LT CD 83050PDR7 400,000.00 BARCLAYS 103.09 412,372.00 12,372.00 12,372.00 2.20 0.47 DTD 09/03/2019 1.860% 08/26/2022 Security Type Sub -Total 3,665,000.00 3,710,739.12 45,883.52 45,741.93 0.60 0.27 BMWLT 2018 -1 A4 05586CAD6 300,000.00 SOCGEN 101.74 305,231.97 5,234.64 5,233.37 0.71 2.37 DTD 10/17/2018 3.360% 03/20/2022 GMALT 2018 -3 A4 36256GAE9 275,000.00 RBC 101.39 278,820.52 3,855.55 3,840.11 0.57 2.63 DTD 09/26/2018 3.300% 07/20/2022 HAROT 2018 -4 A3 43815AAC6 375,000.00 3PM_CHAS 102.58 384,685.54 9,741.60 9,721.13 0.94 2.15 DTD 11/28/2018 3.160% 01/15/2023 VALET 2018 -2 A3 92869BAD4 325,000.00 CITIGRP 102.02 331,569.97 6,583.62 6,578.89 0.91 2.52 DTD 11/21/2018 3.250% 04/20/2023 GMCAR 2018 -3 A3 362553AD6 281,104.21 3PM_CHAS 101.82 286,232.48 5,193.82 5,168.39 0.81 2.38 DTD 07/18/2018 3.020% 05/16/2023 CARMAX AUTO OWNER TRUST 14313FAD1 350,000.00 BARCLAYS 101.78 356,220.06 6,267.76 6,249.68 0.88 2.52 DTD 07/25/2018 3.130% 06/15/2023 CARMAX AUTO OWNER TRUST 14315EAC4 350,000.00 MERRILL 102.90 360,159.42 10,162.64 10,161.58 1.18 2.44 DTD 10/24/2018 3.360% 09/15/2023 GMCAR 2019 -1 A3 36256XAD4 270,000.00 RBC 102.46 276,645.40 6,675.29 6,666.79 0.96 2.23 DTD 01/16/2019 2.970% 11/16/2023 COMET 2019 -A2 A2 14041NFUO 800,000.00 RBC 102.31 818,445.36 18,646.80 18,616.68 2.17 1.16 DTD 09/05/2019 1.720% 08/15/2024 Security Type Sub -Total 3,326,104.21 3,398,010.72 72,361.72 72,236.62 1.19 2.10 Managed Account Sub -Total 30,784,558.06 31,952,815.12 1,151,354.20 1,133,312.84 2.49 0.67 CAMP Pool 129,163.03 1.00 129,163.03 0.00 0.00 0.00 Money Market Sub -Total 129,163.03 129,163.03 0.00 0.00 0.00 PFM Asset Management LLC Page 23 CAL r Ij —� Managed Account Fair Market Value & Analytics CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Securities Sub -Total $30,913,721.09 For the Month Ending May 31, 2020 $32,081,978.15 $1,151,354.20 $1,133,312.84 2.49 0.67% Accrued Interest $135,788.34 Total Investments Bolded items are forward settling trades. $32,217,766.49 PFM Asset Management LLC Page 24 � r � CAE1J__F___ M =n =nnel Annnirnt Corirrifti Tr =nc =rtinnc IL Tntnroct For the Month Endina Mav 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 05/11/20 05/13/20 APPLE INC (CALLABLE) CORP NOTES 037833DT4 550,000.00 (551,105.50) (34.38) (551,139.88) DTD 05/11/2020 1.125% 05/11/2025 05/29/20 06/11/20 CONNECTICUT ST- A -TXBL 20772KJW0 60,000.00 (60,000.00) 0.00 (60,000.00) MUNICIPAL BONDS DTD 06/11/2020 1.998% 07/01/2024 Transaction Type Sub -Total 610,000.00 (611,105.50) (34.38) (611,139.88) 05/01/20 05/25/20 FHMS K043 A2 DTD 03/01/2015 3.062% 12/25/2024 05/01/20 05/25/20 FHLMC SERIES K721 A2 DTD 12/01/2015 3.090% 08/01/2022 05/01/20 05/25/20 FNA 2018 -M5 A2 DTD 04/01/2018 3.560% 09/01/2021 05/01/20 05/25/20 FHMS KP05 A DTD 12/01/2018 3.203% 07/01/2023 05/01/20 05/25/20 FHMS KJ27 Al DTD 11/01/2019 2.092% 07/25/2024 05/05/20 05/05/20 AMERICAN EXPRESS CREDIT (CALLABLE) NOTES DTD 05/05/2016 2.250% 05/05/2021 05/10/20 05/10/20 BRANCH BANKING & TRUST (CALLABLE) NOTE DTD 05/10/2016 2.050% 05/10/2021 05/10/20 05/10/20 PACCAR FINANCIAL CORP DTD 05/10/2018 3.100% 05/10/2021 05/15/20 05/15/20 CARMAX AUTO OWNER TRUST DTD 10/24/2018 3.360% 09/15/2023 05/15/20 05/15/20 HERSHEY COMPANY CORP NOTES DTD 05/10/2018 3.100% 05/15/2021 05/15/20 05/15/20 HAROT 2018 -4 A3 DTD 11/28/2018 3.160% 01/15/2023 3137BGK24 250,000.00 0.00 637.92 637.92 3137BM6P6 0.00 0.00 592.26 592.26 3136B1XP4 0.00 0.00 539.90 539.90 3137FKK39 120,499.13 0.00 302.54 302.54 3137FO3V3 106,128.67 0.00 241.82 241.82 0258MOEB1 200,000.00 0.00 2.250.00 2,250.00 05531FAV5 0.00 0.00 2.050.00 2,050.00 69371RP26 0.00 0.00 2.170.00 2,170.00 14315EAC4 350,000.00 0.00 980.00 980.00 427866BA5 0.00 0.00 2.712.50 2,712.50 43815AAC6 375,000.00 0.00 987.50 987.50 PFM Asset Management LLC Page 25 � F- � CAE1J__F___ M =n =nnel Annniint Cnriirity Tr =nc =e -tinnc IL Tntnrnct CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Transaction Type Principal Accrued Trade Settle Securitv Description CUSIP Par Proceeds Interest 05/15/20 05/15/20 CARMAX AUTO OWNER TRUST DTD 07/25/2018 3.130% 06/15/2023 05/15/20 05/15/20 COMET 2019 -A2 A2 912.92 DTD 09/05/2019 1.720% 08/15/2024 05/16/20 05/16/20 GMCAR 2019 -1 A3 0.00 DTD 01/16/2019 2.970% 11/16/2023 05/16/20 05/16/20 GMCAR 2018 -3 A3 36256XAD4 DTD 07/18/2018 3.020% 05/16/2023 05/17/20 05/17/20 BANK OF AMERICA CORP NOTES 668.25 DTD 05/17/2018 3.499% 05/17/2022 05/18/20 05/18/20 SWEDBANK (NEW YORK) CERT DEPOS 300,000.00 DTD 05/16/2019 2.270% 11/16/2020 05/19/20 05/19/20 STATE STREET CORP NOTES DTD 05/19/2016 1.950% 05/19/2021 05/20/20 05/20/20 VALET 2018 -2 A3 DTD 11/21/2018 3.250% 04/20/2023 05/20/20 05/20/20 GMALT 2018 -3 A4 1,836.98 DTD 09/26/2018 3.300% 07/20/2022 05/20/20 05/20/20 BMWLT 2018 -1 A4 0.00 DTD 10/17/2018 3.360% 03/20/2022 05/21/20 05/21/20 CHARLES SCHWAB CORP NOTES 857477AV5 DTD 05/22/2018 3.250% 05/21/2021 05/31/20 05/31/20 US TREASURY N/B NOTES 1,218.75 DTD 05/31/2016 1.625% 05/31/2023 Transaction Type Sub -Total For the Month Ending May 31, 2020 Realized GIL Realized GIL Sale Total Cost Amort Cost Method 14313FAD1 350,000.00 0.00 912.92 912.92 14041NFUO 800,000.00 0.00 1,146.67 1,146.67 36256XAD4 270,000.00 0.00 668.25 668.25 36255JAD6 300,000.00 0.00 740.64 740.64 06051GHH5 0.00 0.00 1,836.98 1,836.98 87019U6D6 0.00 0.00 9,180.89 9,180.89 857477AV5 0.00 0.00 1,218.75 1,218.75 92869BAD4 325,000.00 0.00 880.21 880.21 36256GAE9 275,000.00 0.00 756.25 756.25 05586CAD6 300,000.00 0.00 840.00 840.00 808513AW5 0.00 0.00 3,818.75 3,818.75 912828R69 6,900,000.00 0.00 56,062.50 56,062.50 10,921,627.80 0.00 91,527.25 91,527.25 05/01/20 05/25/20 FHMS KP05 A 3137FKK39 210.98 210.98 0.00 210.98 0.00 0.00 DTD 12/01/2018 3.203% 07/01/2023 05/01/20 05/25/20 FHMS KJ27 Al 3137FO3V3 2,445.97 2,445.97 0.00 2,445.97 0.06 0.00 DTD 11/01/2019 2.092% 07/25/2024 05/01/20 05/25/20 FNA 2018 -M5 A2 3136B1XP4 1,975.46 1,975.46 0.00 1,975.46 (39.30) 0.00 DTD 04/01/2018 3.560% 09/01/2021 PFM Asset Management LLC Page 26 � F- � CAE1J__F___ M =n =nnel Annnirnt Corirrifti Tr =nc =rtinnc IL Tntnroct For the Month Endina Mav 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 05/01/20 05/25/20 FNA 2018 -M5 A2 3136B1XP4 1,975.46 1,975.46 0.00 1,975.46 (39.30) 0.00 DTD 04/01/2018 3.560% 09/01/2021 05/01/20 05/25/20 FNA 2018 -M5 A2 3136B1XP4 9,877.31 9,877.32 0.00 9,877.32 (196.47) (0.01) DTD 04/01/2018 3.560% 09/01/2021 05/16/20 05/16/20 GMCAR 2018 -3 A3 36255JAD6 13,188.78 13,188.78 0.00 13,188.78 3.08 0.00 DTD 07/18/2018 3.020% 05/16/2023 Transaction Type Sub -Total 29,673.96 29,673.97 0.00 29,673.97 (271.93) (0.01) 05/11/20 05/13/20 US TREASURY N/B NOTES 912828R69 500,000.00 521,347.66 3,662.91 525,010.57 39,492.19 34,401.87 FIFO DTD 05/31/2016 1.625% 05/31/2023 Transaction Type Sub -Total 500,000.00 521,347.66 3,662.91 525,010.57 39,492.19 34,401.87 Managed Account Sub -Total (60,083.87) 95,155.78 35,071.91 39,220.26 34,401.86 Total Security Transactions Bolded items are forward settling trades. ($60,083.87) $95,155.78 $35,071.91 $39,220.26 $34,401.86 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 May 31, 2020 Share or Dollar Amount Unit Price of Transaction Total Shares Owned Opening Balance 92,667.72 05/05/20 05/05/20 Purchase - Interest 0258MOEB1 1.00 2,250.00 94,917.72 05/11/20 05/11/20 Purchase - Interest 05531FAV5 1.00 2,050.00 96,967.72 05/11/20 05/11/20 Purchase - Interest 69371RP26 1.00 2,170.00 99,137.72 05/13/20 05/13/20 Purchase - Principal 912828R69 1.00 521,347.66 620,485.38 05/13/20 05/13/20 Purchase - Interest 912828R69 1.00 3,662.91 624,148.29 05/13/20 05/13/20 Redemption - Principal 037833DT4 1.00 (551,105.50) 73,042.79 05/13/20 05/13/20 Redemption - Interest 037833DT4 1.00 (34.38) 73,008.41 05/15/20 05/15/20 Purchase - Interest 427866BA5 1.00 2,712.50 75,720.91 05/15/20 05/15/20 Purchase - Interest 14041NFUO 1.00 1,146.67 76,867.58 05/15/20 05/15/20 Purchase - Interest 14313FAD1 1.00 912.92 77,780.50 05/15/20 05/15/20 Purchase - Interest 14315EAC4 1.00 980.00 78,760.50 05/15/20 05/15/20 Purchase - Interest 43815AAC6 1.00 987.50 79,748.00 05/18/20 05/18/20 Purchase - Interest 06051GHH5 1.00 1,836.98 81,584.98 05/18/20 05/18/20 Purchase - Interest 87019U6D6 1.00 9,180.89 90,765.87 05/18/20 05/18/20 Purchase - Interest 362553AD6 1.00 740.64 91,506.51 05/18/20 05/18/20 Purchase - Interest 36256XAD4 1.00 668.25 92,174.76 05/18/20 05/18/20 Purchase - Principal 362553AD6 1.00 13,188.78 105,363.54 05/19/20 05/19/20 Purchase - Interest 857477AV5 1.00 1,218.75 106,582.29 05/20/20 05/20/20 Purchase - Interest 05586CAD6 1.00 840.00 107,422.29 05/20/20 05/20/20 Purchase - Interest 36256GAE9 1.00 756.25 108,178.54 05/20/20 05/20/20 Purchase - Interest 92869BAD4 1.00 880.21 109,058.75 PFM Asset Management LLC Page 28 � r J — Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Trade Settlement Date Date Transaction Description For the Month Ending May 31, 2020 Share or Dollar Amount Unit Price of Transaction Total Shares Owned 05/21/20 05/21/20 Purchase - Interest 808513AW5 1.00 3,818.75 112,877.50 05/26/20 05/26/20 Purchase - Interest 3136B1XP4 1.00 539.90 113,417.40 05/26/20 05/26/20 Purchase - Interest 3137BGK24 1.00 637.92 114,055.32 05/26/20 05/26/20 Purchase - Interest 3137BM6P6 1.00 592.26 114,647.58 05/26/20 05/26/20 Purchase - Interest 3137FKK39 1.00 302.54 114,950.12 05/26/20 05/26/20 Purchase - Interest 3137FQ3V3 1.00 241.82 115,191.94 05/26/20 05/26/20 Purchase - Principal 3137FKK39 1.00 210.98 115,402.92 05/26/20 05/26/20 Purchase - Principal 3137FQ3V3 1.00 2,445.97 117,848.89 05/26/20 05/26/20 Purchase - Principal 3136B1XP4 1.00 1,975.46 119,824.35 05/26/20 05/26/20 Purchase - Principal 3136B1XP4 1.00 1,975.46 121,799.81 05/26/20 05/26/20 Purchase - Principal 3136B1XP4 1.00 9,877.32 131,677.13 05/28/20 05/28/20 IP Fees April 2020 1.00 (2,423.45) 129,253.68 05/28/20 05/28/20 U.S. Bank Fees March 2020 1.00 (147.95) 129,105.73 05/29/20 06/01/20 Accrual Income Div Reinvestment - Distributions 1.00 57.30 129,163.03 PFM Asset Management LLC Page 29 CALIJ — Aeeniint Ctntmmnnt CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Trade Settlement Date Date Transaction Description Closing Balance Month of Fiscal YTD May January -May Opening Balance 92,667.72 109,033.70 Closing Balance Purchases 590,206.59 5,348,738.97 Average Monthly Balance Redemptions (Excl. Checks) (553,711.28) (5,328,609.64) Monthly Distribution Yield Check Disbursements 0.00 0.00 Closing Balance 129,163.03 129,163.03 Cash Dividends and Income 57.30 2,075.43 For the Month Ending May 31, 2020 Share or Dollar Amount Unit Price of Transaction 129,163.03 102,872.73 0.67% Total Shares Owned 129,163.03 PFM Asset Management LLC Page 30