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. 28 - SA Investment Report
City Council Agenda Report City of Lake Elsinore 130 South Main Street Lake Elsinore, CA 92530 www.lake-elsinore.org File Number: ID# 22-266 Agenda Date: 6/28/2022 Status: Approval FinalVersion: 1 File Type: Successor Consent Calendar In Control: City Council / Successor Agency Agenda Number: 28) SA Investment Report for May 2022 Receive and file. Page 1 City of Lake Elsinore Printed on 6/23/2022 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: Jason Simpson, Executive Director Prepared by: Domenico Piazza, Senior Accountant Date: June 28, 2022 Subject: Investment Report for May 2022 Recommendation Receive and file. 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 2022 CITY OF LAKE ELSINORE INVESTMENT REPORT BANK DEPOSITS OUTSTANDING BOOK CASH ACCOUNTS BALANCE IN TRANSIT CHECKS BALANCE Bank Accounts: General Checking Account 2,569,190$ 88,834$ (6,670)$ 2,651,353$ Cash On Hand: Cashier Drawers #1 & #2 - - - 300 City of Lake Elsinore Petty Cash Fund - - - 2,000 Total Cash Accounts 2,569,190 88,834 (6,670) 2,653,653 INVESTMENTS Local Agency Investment Fund 75,435,368 - - 75,435,368 CAMP Investments: CAMP Pool Account 66,127 - - 66,127 U.S. Treasury Bond / Note 11,932,014 - - 11,932,014 Supra-National Agency Bond / Note 1,377,948 - - 1,377,948 Municipal Bond / Note 1,336,023 - - 1,336,023 Federal Agency Commercial Mortgage-Backed Security 382,052 - - 382,052 Federal Agency Bond / Note 6,060,687 - - 6,060,687 Corporate Note 8,393,067 - - 8,393,067 Certificate of Deposit 650,000 - - 650,000 Asset-Backed Security 2,199,700 - - 2,199,700 Sub-total Investments 107,832,987 - - 107,832,987 Market Value Adjustment: Unrealized Gain/(Loss) at 03/31/2022 (2,086,039) - - (2,086,039) Total Investments 105,746,948 - - 105,746,948 Total Pooled Cash and Investments 108,316,138$ 88,834$ (6,670)$ 108,400,601$ TOTAL POOLED CASH AND INVESTMENTS 108,400,601$ 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 May 25, 2021. 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 6, 2022 City Manager Date C I T Y O F L A K E E L S I N O R E INVESTMENT REPORT OF POOLED CASH AND INVESTMENTS AS OF MAY, 31, 2022 FUND NO FUND NAME AMOUNT 100 General 21,937,932$ 102 Measure Z 8,868,535 106 Affordable Housing In Lieu 547,412 107 Developer Agreement Revenue 59,657 108 American Rescue Plan 2,701,898 109 Road Maintenance and Rehabilitation (SB1)543,217 110 State Gas Tax 874,835 112 Measure A 1,290,115 113 SB821 Pedestrian Sidewalk 94 114 SB1186 CASP Education Program 44,199 115 Traffic Safety 24,944 116 City Hall-Public Works DIF 178,532 117 Community Center DIF 114,941 118 Lake Side Facility DIF 205,407 119 Animal Shelter DIF 85,380 130 Lighting & Landscape Maintenance Fund - City-wide 728,984 135 Lighting & Landscape Maintenance - Dist. No. 1 855,091 140 Geothermal 11,617 160 PEG Grant 64,050 180 Launch Pointe 139,324 202 La Strada RBBD 23,692 203 E.L.S.P. - S.T.I.F.3,340,981 205 Traffic Impact Fee 374,751 211 Storm Drain C.I.P. 2,052,735 221 Quimby Park C.I.P.252,879 231 Library C.I.P. 1,300,515 232 City Fire Protection 492,375 300 Insurance Service 1,417,445 305 Information Systems Service 1,428,812 310 Support Service 15,066 315 Fleet Service 536,787 320 Facilities Service 702,470 331 CFD 2006-1CC Summerly Improvement Area CC 127,060 332 CFD 2006-1 Improvement Area B, Summerly 107,848 333 CFD 2015-3 Terracina 23,060 334 CFD 2015-5 Trieste - Far West Industries 107,124 335 CFD 2003-2E Canyon Hills Improvement Area E 66,457 336 CFD 2006-1FF Summerly Improvement Area FF 165,356 337 CFD 2016-2 Canyon Hills 681,459 338 CFD 2006-1 IA-JJ Summerly Improvement Area 259,335 339 CFD 2006-1 IA-KK Summerly Improvement Area 149,588 340 CFD 2006-1 IA-EE Summerly Improvement Area 224,768 345 CFD 2003-2 Improvement Area D, Canyon Hills 1,569,452 346 CFD 2014-1 Southshore 67,525 347 CFD 2006-1 Improvement Area A, Summerly 151,982 350 CFD 98-1 Summerhill 811,050 351 CFD 2006-1 IA-II Summerly Improvement 109,804 352 AD 86-1 Northwest Sewer 1,478,208 354 CFD 90-2 Tuscany Hills 781,533 C I T Y O F L A K E E L S I N O R E POOLED CASH AND INVESTMENTS BY FUND AS OF MAY, 31, 2022 FUND NO FUND NAME AMOUNT C I T Y O F L A K E E L S I N O R E POOLED CASH AND INVESTMENTS BY FUND AS OF MAY, 31, 2022 355 RAD 2021-1 Canyon Hills Improvement 395,933 357 CFD 2003-2 Canyon Hills Improvement Area 12,350 361 CFD 2022-2 LAKESHORE IMPROVEMENT 44,548 368 CFD 2006-2 Viscaya 263,256 369 CFD 2004-3 Area 1 Rosetta Canyon Improvement Area 387,087 370 CFD 2006-1 IA-HH Summerly Improvement 1,070,659 371 CFD 2005-1 Serenity 229,591 372 CFD 2005-2 Alberhill Ranch Improvement Area 415,692 374 CFD 2005-4 Lakeview Villas 29,309 375 CFD 2006-4 Clurman 13,049 377 CFD 2006-6 Tessara 425 378 CFD 2006-8 Running Deer Estates 7,152 379 CFD 2022-1 ALBERHILL 9,508 384 CFD 2003-2 Area B Canyon Hills Improvement Area 23,198 385 CFD 2004-3 Area 2 Rosetta Canyon Improvement Area 1,853,691 386 CFD 2007-4 Mekenna Court 1,376,056 387 CFD 2007-5 Red Kite 147,766 388 CFD 2007-6 Holiday Inn Express 88,161 389 CFD 88-3 (2008A) West Lake Elsinore Series A 6,738 390 CFD 2003-2 Area C Canyon Hills Improvement Area 27,344 392 CFD 95-1 City Center 401,930 393 AD 93-1 Cottonwood Hills 69,891 395 CFD 2018-1 Wasson Canyon II Improvement Area 186,210 396 CFD 2018-2 Nichols Ranch Improvement Area 5,418 397 CFD 2018-3 Village at Lakeshore 1,176 400 LE Facilities Financing Authority 2016 A 21,111 510 Successor To RDA Area I, II, & III 13,288,436 540 Successor To RDA Diamond Stadium 2,000,946 603 Endowment Trust - Carl Graves 56,402 604 Endowment Trust - Korn Memorial 33,381 605 Public Improvement Trust 1,595,703 606 Mobile Source Air Polution Reduction 191,690 608 Trust Deposit & Pre Paid Expense 1,710,572 617 Successor Agency Housing 17,319,887 620 Cost Recovery System 4,344,789 631 Lake Destratification Equipment Replacement 462,842 650 CFD 2003-1 Law & Fire Service 1,582,270 651 CFD 2006-5 Park & Open Space Service 39,957 652 CFD 2007-1 Law & Fire Service 55,214 653 CFD 2009-1 Parks & Lighting Service 351,876 655 CFD 2015-1s Law, Fire, Paramedic Services 183,108 Total Pooled Cash & Investments 108,400,601$ MAXIMUM DIVERSIFICATION CURRENT TYPES OF SECURITIES PERCENTAGE PERCENTAGE BALANCE CAMP - Pooled Sweep Account Unlimited 0.06%66,127$ U.S. Treasury Bond / Note Unlimited 11.07%11,932,014$ Supra-National Agency Bond / Note 30%1.28%1,377,948$ Municipal Bond / Note Unlimited 1.24%1,336,023$ Federal Agency Collaterized Mortgage Obligation 40%0.35%382,052$ Federal Agency Bond / Note Unlimited 5.62%(1)6,060,687$ Corporate Note 30%7.78%8,393,067$ Negotiable Certificates of Deposit 30%0.60%650,000$ Asset-Backed Security / Collaterized Mortgage 20%2.04%2,199,700$ LAIF (Local Agency Investment Fund)$75 Million 69.96%(2)75,435,368$ TOTAL 100.00%107,832,987$ 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. C I T Y O F L A K E E L S I N O R E SUMMARY OF POLICY LIMITATIONS FOR THE MONTH ENDING MAY, 31, 2022 Local Agency Investment Fund May 0.684 Apr 0.523 Mar 0.365 PMIA Quarter to Date(1):0.29% 310PMIA Average Life(1): 0.32LAIF Apportionment Rate(2): 0.00000875657176851 0.988753538 LAIF Earnings Ratio(2): LAIF Fair Value Factor(1): PMIA Daily(1):0.42% Treasuries 68.45% Agencies 17.93% Certificates of Deposit/Bank Notes 5.91% Time Deposits 1.88% Commercial Paper 5.30% Corporate Bonds 0.19% Loans 0.34% Notes: The apportionment rate includes interest earned on the CalPERS Supplemental Pension Payment pursuant to Government Code 20825 (c)(1) and interest earned on the Wildfire Fund loan pursuant to Public Utility Code 3288 (a). Source: (1) State of California, Office of the Treasurer (2) State of Calfiornia, Office of the Controller PMIA Average Monthly Effective Yields(1) PMIA/LAIF Performance Report as of 06/09/22 Daily rates are now available here. View PMIA Daily Rates Quarterly Performance Quarter Ended 03/31/22 Chart does not include $5,303,000.00 in mortgages, which equates to 0.002%.Percentages may not total 100% due to rounding. Pooled Money Investment Account Monthly Portfolio Composition (1) 04/30/22 $225.5 billion Yield Purchase Date Maturity Rate 0.684%Daily 24-Hour Investment Beginning Balance Net Increase/(Decrease)Ending Balance Total Investments Held with Local Agency Investment Fund:61,935,368$ 13,500,000$ 75,435,368$ Note: Per California State Treasurer, LAIF Statute 16429.1: Separate accounts for each governmental unit shall be maintained. LAIF accounts are subject to a $75 million cap per agency. C I T Y O F L A K E E L S I N O R E LOCAL AGENCY INVESTMENT FUND TRANSACTION SUMMARY FOR THE MONTH ENDING MAY, 31, 2022 CAMP Investment Portfolio For the Month Ending May 31, 2022Account Statement - Transaction Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Opening Market Value Purchases Redemptions Change in Value Closing Market Value 144,724.63 489,974.55 (568,571.98) 0.00 $66,127.20 CAMP Pool Unsettled Trades 0.00 33.75 Cash Dividends and Income Opening Market Value Purchases Redemptions Change in Value Closing Market Value 30,625,881.74 450,514.25 (459,304.52) 175,897.67 $30,844,981.33 CAMP Managed Account Unsettled Trades 51,992.19 12,293.45 Cash Dividends and Income May 31, 2022 April 30, 2022 Asset Summary CAMP Pool 66,127.20 144,724.63 CAMP Managed Account 30,844,981.33 30,625,881.74 $30,911,108.53 $30,770,606.37 Total Asset Allocation 0.21% CAMP Pool 99.79% CAMP Managed Account Page 1 For the Month Ending May 31, 2022Managed Account Summary Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dividend Closing Market Value Redemptions Purchases Opening Market Value Closing Market Value Change in Current Value Unsettled Trades Principal Acquisitions Principal Dispositions Maturities/Calls Opening Market Value Closing Market Value Opening Market Value Account Total Total Cash Basis Earnings Plus Net Realized Gains/Losses Less Purchased Interest Related to Interest/Coupons Interest/Dividends/Coupons Received Earnings Reconciliation (Cash Basis) - Managed Account Dividends Less Beginning Accrued Interest Less Beginning Amortized Value of Securities Less Cost of New Purchases Plus Coupons/Dividends Received Plus Proceeds of Maturities/Calls/Principal Payments Plus Proceeds from Sales Ending Accrued Interest Ending Amortized Value of Securities Earnings Reconciliation (Accrual Basis) Reconciling Transactions Net Cash Contribution Security Purchases Principal Payments Coupon/Interest/Dividend Income Sale Proceeds Maturities/Calls Cash Transactions Summary- Managed Account $144,724.63 489,974.55 (568,571.98) $66,127.20 33.75 $30,625,881.74 (39,495.92) (419,808.60) 450,514.25 51,992.19 175,897.67 $30,844,981.33 $30,770,606.37 $30,911,108.53 15,214.40 (405.73) (2,515.22) $12,293.45 0.00 420,111.08 14,911.92 39,495.92 (565,892.18) 91,373.26 0.00 Managed Account Total 32,162,563.01 32,228,690.21 114,156.30 618,454.49 39,495.92 14,911.92 (700,919.98) (32,131,182.23) (94,845.11) 0.00 114,156.30 1,187,026.47 39,495.92 14,911.92 (1,190,894.53) (32,275,906.86) (94,845.11) 33.75 Total Accrual Basis Earnings $22,634.32 $22,668.07 Transaction Summary - Managed AccountTransaction Summary - Money Market _______________________________________________ _______________________________________________ _____________________________________________________ Cash Balance $0.00 Closing Cash Balance Page 2 For the Month Ending May 31, 2022Portfolio Summary and Statistics CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Account Summary Percent Par Value Market ValueDescription U.S. Treasury Bond / Note 11,800,000.00 11,309,097.75 36.59 Supra-National Agency Bond / Note 1,380,000.00 1,328,615.22 4.30 Municipal Bond / Note 1,335,000.00 1,254,318.65 4.06 Federal Agency Commercial Mortgage-Backed Security 368,890.53 369,183.32 1.19 Federal Agency Bond / Note 6,075,000.00 5,775,270.60 18.68 Corporate Note 8,240,000.00 8,011,147.00 25.92 Certificate of Deposit 650,000.00 646,471.10 2.09 Asset-Backed Security 2,200,072.33 2,150,877.69 6.96 Managed Account Sub-Total 32,048,962.86 30,844,981.33 99.79% Accrued Interest 114,156.30 Total Portfolio 32,048,962.86 30,959,137.63 CAMP Pool 66,127.20 66,127.20 0.21 Total Investments 32,115,090.06 31,025,264.83 100.00% Unsettled Trades 250,000.00 250,000.00 Sector Allocation 6.96% ABS 2.09% Cert of Deposit 25.92% Corporate Note 18.68% Fed Agy Bond / Note 1.19% Federal Agency Commercial Mortgage-Backed Security 0.21% Joint Powers Authority 4.06% Muni Bond / Note 4.30% Supra-National Agency Bond / Note 36.59% US TSY Bond / Note 0 - 6 Months 6 - 12 Months 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years Over 5 Years 1.81%1.57% 17.79% 40.05% 32.51% 6.27% 0.00% Maturity Distribution Characteristics Yield to Maturity at Cost Yield to Maturity at Market Weighted Average Days to Maturity 965 1.12% 2.69% Page 3 For the Month Ending May 31, 2022Managed Account Issuer Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Credit Quality (S&P Ratings) 4.34% A 2.07% A+ 7.96% A- 2.09% A-1 6.15% AA 59.57% AA+ 1.31% AA- 10.97% AAA 0.21% AAAm 3.55% BBB+ 1.78% NR Issuer Summary Percentof HoldingsIssuer Market Value 229,528.35 0.74 ABBOTT LABORATORIES 445,962.78 1.44 AMAZON.COM INC 77,922.96 0.25 AMERICAN EXPRESS CO 395,048.00 1.28 AMERICAN HONDA FINANCE 523,859.60 1.69 APPLE INC 442,414.35 1.43 BANK OF AMERICA CO 458,741.70 1.48 BERKSHIRE HATHAWAY INC 225,566.92 0.73 BMW FINANCIAL SERVICES NA LLC 78,347.90 0.25 CALIFORNIA STATE UNIVERSITY 66,127.20 0.21 CAMP Pool 800,445.36 2.59 CAPITAL ONE FINANCIAL CORP 120,235.33 0.39 CARMAX AUTO OWNER TRUST 209,563.43 0.68 CATERPILLAR INC 98,056.00 0.32 CHAFFEY JOINT UNION HIGH SCHOOL DISTRICT 101,356.92 0.33 CHARLES SCHWAB 65,542.36 0.21 CINTAS CORPORATION NO. 2 223,713.90 0.72 CITIGROUP INC 246,139.50 0.80 CREDIT SUISSE GROUP RK 95,227.10 0.31 DEERE & COMPANY 184,504.77 0.60 DISCOVER FINANCIAL SERVICES 1,568,046.95 5.07 FANNIE MAE 466,779.35 1.51 FEDERAL HOME LOAN BANKS 292,041.70 0.94 FLORIDA STATE BOARD OF ADMIN FIN CORP 4,109,627.62 13.30 FREDDIE MAC 226,510.20 0.73 GENERAL DYNAMICS CORP 82,738.87 0.27 GM FINANCIAL CONSUMER AUTOMOBILE TRUST 116,886.35 0.38 GM FINANCIAL LEASINGTRUST 406,073.20 1.31 GOLDMAN SACHS GROUP INC 24,893.40 0.08 HOME DEPOT INC 96,087.36 0.31 HONDA AUTO RECEIVABLES 149,987.54 0.49 HYUNDAI AUTO RECEIVABLES 603,985.33 1.95 INTER-AMERICAN DEVELOPMENT BANK Page 4 For the Month Ending May 31, 2022Managed Account Issuer Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Percentof HoldingsIssuer Market Value 724,629.89 2.34 INTL BANK OF RECONSTRUCTION AND DEV 468,265.53 1.51 JP MORGAN CHASE & CO 129,560.20 0.42 LOS ANGELES COMMUNITY COLLEGE DISTRICT 408,024.40 1.32 MORGAN STANLEY 250,000.00 0.81 NATIONAL AUSTRALIA BANK LTD 49,960.10 0.16 NATIONAL RURAL UTILITIES CO FINANCE CORP 304,593.25 0.99 NEW YORK ST URBAN DEVELOPMENT CORP 285,244.85 0.92 NISSAN AUTO RECEIVABLES 168,971.43 0.55 PACCAR FINANCIAL CORP 403,531.20 1.31 PNC FINANCIAL SERVICES GROUP 399,371.16 1.29 Roche Holding AG 120,742.70 0.39 SAN JUAN UNIFIED SCHOOL DISTRICT 400,331.60 1.30 SKANDINAVISKA ENSKILDA BANKEN AB 59,245.20 0.19 STATE OF CONNECTICUT 92,765.00 0.30 STATE OF MINNESOTA 37,730.76 0.12 TARGET CORP 646,205.59 2.09 THE BANK OF NEW YORK MELLON CORPORATION 389,440.40 1.26 THE WALT DISNEY CORPORATION 520,376.04 1.68 TOYOTA MOTOR CORP 11,309,097.75 36.60 UNITED STATES TREASURY 206,993.48 0.67 UNITEDHEALTH GROUP INC 78,966.70 0.26 UNIVERSITY OF CALIFORNIA 225,099.00 0.73 USAA CAPITAL CORP $30,911,108.53 Total 100.00% Page 5 For the Month Ending May 31, 2022Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par U.S. Treasury Bond / Note US TREASURY NOTES DTD 10/31/2016 1.625% 10/31/2023 792,250.00 801,600.71 1,130.43 804,593.75 10/04/1910/02/19AaaAA+ 800,000.00 912828T91 1.48 US TREASURY NOTES DTD 06/30/2017 2.000% 06/30/2024 173,031.25 176,584.90 1,469.61 178,541.01 11/06/1911/01/19AaaAA+ 175,000.00 912828XX3 1.55 US TREASURY NOTES DTD 06/30/2017 2.000% 06/30/2024 321,343.75 329,177.98 2,729.28 333,823.24 02/07/2002/03/20AaaAA+ 325,000.00 912828XX3 1.36 US TREASURY NOTES DTD 06/30/2017 2.000% 06/30/2024 494,375.00 511,737.58 4,198.89 524,355.47 03/06/2003/02/20AaaAA+ 500,000.00 912828XX3 0.85 US TREASURY NOTES DTD 06/30/2017 2.000% 06/30/2024 2,669,625.00 2,718,471.21 22,674.03 2,739,761.72 01/07/2001/02/20AaaAA+ 2,700,000.00 912828XX3 1.66 US TREASURY NOTES DTD 12/31/2019 1.750% 12/31/2024 488,281.25 520,215.85 3,674.03 534,414.06 08/07/2008/05/20AaaAA+ 500,000.00 912828YY0 0.18 US TREASURY NOTES DTD 12/31/2019 1.750% 12/31/2024 1,953,125.00 2,075,234.90 14,696.14 2,130,625.00 07/06/2007/01/20AaaAA+ 2,000,000.00 912828YY0 0.28 US TREASURY NOTES DTD 06/30/2020 0.250% 06/30/2025 231,601.55 246,477.56 262.43 245,156.25 04/05/2104/01/21AaaAA+ 250,000.00 912828ZW3 0.72 US TREASURY NOTES DTD 06/30/2020 0.250% 06/30/2025 416,882.79 445,478.84 472.38 443,654.30 03/04/2103/01/21AaaAA+ 450,000.00 912828ZW3 0.58 US TREASURY NOTES DTD 12/31/2020 0.375% 12/31/2025 137,695.32 147,644.70 236.19 147,052.73 07/07/2107/01/21AaaAA+ 150,000.00 91282CBC4 0.82 US TREASURY NOTES DTD 12/31/2020 0.375% 12/31/2025 321,289.08 345,965.78 551.10 344,859.38 06/07/2106/02/21AaaAA+ 350,000.00 91282CBC4 0.70 US TREASURY NOTES DTD 12/31/2020 0.375% 12/31/2025 367,187.52 389,401.81 629.83 387,968.75 12/06/2112/02/21AaaAA+ 400,000.00 91282CBC4 1.13 US TREASURY NOTES DTD 12/31/2020 0.375% 12/31/2025 413,085.96 446,882.46 708.56 446,167.97 08/05/2108/03/21AaaAA+ 450,000.00 91282CBC4 0.57 US TREASURY NOTES DTD 12/31/2020 0.375% 12/31/2025 596,679.72 634,695.52 1,023.48 632,251.95 11/04/2111/02/21AaaAA+ 650,000.00 91282CBC4 1.05 Page 6 For the Month Ending May 31, 2022Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par U.S. Treasury Bond / Note US TREASURY NOTES DTD 12/31/2020 0.375% 12/31/2025 757,324.26 816,059.87 1,299.03 814,236.33 09/07/2109/01/21AaaAA+ 825,000.00 91282CBC4 0.68 US TREASURY N/B NOTES DTD 04/30/2021 0.750% 04/30/2026 69,281.25 71,704.75 48.91 71,458.01 02/14/2202/10/22AaaAA+ 75,000.00 91282CBW0 1.92 US TREASURY N/B NOTES DTD 04/30/2021 0.750% 04/30/2026 877,562.50 928,990.30 619.57 926,843.75 01/06/2201/04/22AaaAA+ 950,000.00 91282CBW0 1.33 US TREASURY N/B NOTES DTD 07/31/2021 0.625% 07/31/2026 228,476.55 226,664.24 522.27 226,250.00 05/05/2205/03/22AaaAA+ 250,000.00 91282CCP4 3.03 56,946.16 11,309,097.75 11,832,988.96 1.05 11,932,013.67 11,800,000.00 Security Type Sub-Total Supra-National Agency Bond / Note INTL BK OF RECON AND DEV NOTE DTD 04/20/2021 0.125% 04/20/2023 240,558.89 244,775.60 34.88 244,492.85 04/20/2104/13/21AaaAAA 245,000.00 459058JV6 0.23 INTL BK RECON & DEVELOP NOTES DTD 11/24/2020 0.250% 11/24/2023 484,071.00 499,468.88 24.31 498,925.00 11/24/2011/17/20AaaAAA 500,000.00 459058JM6 0.32 INTER-AMERICAN DEVEL BK NOTES DTD 09/23/2021 0.500% 09/23/2024 603,985.33 634,637.71 599.72 634,530.10 09/23/2109/15/21AaaAAA 635,000.00 4581X0DZ8 0.52 658.91 1,328,615.22 1,378,882.19 0.40 1,377,947.95 1,380,000.00 Security Type Sub-Total Municipal Bond / Note CT ST TXBL GO BONDS DTD 06/11/2020 1.998% 07/01/2024 59,245.20 60,000.00 499.50 60,000.00 06/11/2005/29/20Aa3A+ 60,000.00 20772KJW0 2.00 CHAFFEY UHSD, CA TXBL GO BONDS DTD 12/05/2019 2.101% 08/01/2024 98,056.00 100,000.00 700.33 100,000.00 12/05/1911/06/19Aa1AA- 100,000.00 157411TK5 2.10 NY ST URBAN DEV CORP TXBL REV BONDS DTD 12/23/2020 0.870% 03/15/2025 304,593.25 325,000.00 596.92 325,000.00 12/23/2012/16/20NRAA+ 325,000.00 650036DT0 0.87 UNIV OF CAL TXBL REV BONDS DTD 07/16/2020 0.883% 05/15/2025 78,966.70 85,000.00 33.36 85,000.00 07/16/2007/10/20Aa2AA 85,000.00 91412HGE7 0.88 Page 7 For the Month Ending May 31, 2022Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par Municipal Bond / Note FL ST BOARD OF ADMIN TXBL REV BONDS DTD 09/16/2020 1.258% 07/01/2025 61,234.55 65,295.86 340.71 65,459.55 09/16/2009/03/20Aa3AA 65,000.00 341271AD6 1.11 FL ST BOARD OF ADMIN TXBL REV BONDS DTD 09/16/2020 1.258% 07/01/2025 80,075.95 85,362.81 445.54 85,563.55 09/16/2009/03/20Aa3AA 85,000.00 341271AD6 1.12 FL ST BOARD OF ADMIN TXBL REV BONDS DTD 09/16/2020 1.258% 07/01/2025 150,731.20 160,000.00 838.67 160,000.00 09/16/2009/03/20Aa3AA 160,000.00 341271AD6 1.26 MN ST TXBL GO BONDS DTD 08/25/2020 0.630% 08/01/2025 92,765.00 100,000.00 210.00 100,000.00 08/25/2008/11/20Aa1AAA 100,000.00 60412AVJ9 0.63 SAN JUAN USD, CA TXBL GO BONDS DTD 10/29/2020 0.852% 08/01/2025 120,742.70 130,000.00 369.20 130,000.00 10/29/2010/16/20Aa2NR 130,000.00 798306WP7 0.85 LOS ANGELES CCD, CA TXBL GO BONDS DTD 11/10/2020 0.773% 08/01/2025 129,560.20 140,000.00 360.73 140,000.00 11/10/2010/30/20AaaAA+ 140,000.00 54438CYK2 0.77 CA ST UNIV TXBL REV BONDS DTD 07/29/2021 0.862% 11/01/2025 78,347.90 85,000.00 61.06 85,000.00 07/29/2107/09/21Aa2AA- 85,000.00 13077DQD7 0.86 4,456.02 1,254,318.65 1,335,658.67 1.06 1,336,023.10 1,335,000.00 Security Type Sub-Total Federal Agency Commercial Mortgage-Backed Security FHLMC SERIES K721 A2 DTD 12/01/2015 3.090% 08/01/2022 13,923.10 13,928.36 35.85 14,042.35 04/09/1804/04/18AaaAA+ 13,923.77 3137BM6P6 3.08 FHLMC SERIES K721 A2 DTD 12/01/2015 3.090% 08/01/2022 13,923.10 13,928.36 35.85 14,042.35 04/09/1804/04/18AaaAA+ 13,923.77 3137BM6P6 3.09 FHLMC SERIES K721 A2 DTD 12/01/2015 3.090% 08/01/2022 63,648.46 63,672.52 163.90 64,193.56 04/09/1804/04/18AaaAA+ 63,651.53 3137BM6P6 2.88 FHMS KP05 A DTD 12/01/2018 3.203% 07/01/2023 5,648.19 5,646.21 15.07 5,646.19 12/17/1812/07/18AaaAA+ 5,646.21 3137FKK39 3.20 FHMS KJ27 A1 DTD 11/01/2019 2.092% 07/01/2024 21,650.05 21,745.00 37.91 21,744.71 11/26/1911/20/19AaaAA+ 21,745.24 3137FQ3V3 2.09 FHMS K043 A2 DTD 03/01/2015 3.062% 12/01/2024 250,390.42 256,610.92 637.92 262,382.81 03/25/2003/19/20AaaAA+ 250,000.00 3137BGK24 1.95 Page 8 For the Month Ending May 31, 2022Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par Federal Agency Commercial Mortgage-Backed Security 926.50 369,183.32 375,531.37 2.23 382,051.97 368,890.53 Security Type Sub-Total Federal Agency Bond / Note FREDDIE MAC NOTES DTD 08/21/2020 0.250% 08/24/2023 877,862.70 899,624.61 606.25 899,082.00 08/21/2008/19/20AaaAA+ 900,000.00 3137EAEV7 0.28 FREDDIE MAC NOTES DTD 09/04/2020 0.250% 09/08/2023 365,442.75 375,028.91 216.15 375,068.48 09/04/2009/02/20AaaAA+ 375,000.00 3137EAEW5 0.24 FREDDIE MAC NOTES DTD 09/04/2020 0.250% 09/08/2023 511,619.85 524,926.85 302.60 524,826.75 09/04/2009/02/20AaaAA+ 525,000.00 3137EAEW5 0.26 FREDDIE MAC NOTES DTD 10/16/2020 0.125% 10/16/2023 315,321.50 324,444.25 50.78 323,787.75 10/16/2010/14/20AaaAA+ 325,000.00 3137EAEY1 0.25 FREDDIE MAC NOTES DTD 11/05/2020 0.250% 11/06/2023 339,630.90 349,849.69 60.76 349,685.00 11/05/2011/03/20AaaAA+ 350,000.00 3137EAEZ8 0.28 FANNIE MAE NOTES DTD 11/25/2020 0.250% 11/27/2023 314,847.00 324,816.27 9.03 324,629.50 11/25/2011/23/20AaaAA+ 325,000.00 3135G06H1 0.29 FREDDIE MAC NOTES DTD 12/04/2020 0.250% 12/04/2023 290,464.50 299,850.55 368.75 299,703.00 12/04/2012/02/20AaaAA+ 300,000.00 3137EAFA2 0.28 FEDERAL HOME LOAN BANK NOTES DTD 04/16/2020 0.500% 04/14/2025 328,168.40 349,002.56 228.47 348,264.00 04/16/2004/15/20AaaAA+ 350,000.00 3130AJHU6 0.60 FANNIE MAE NOTES DTD 04/24/2020 0.625% 04/22/2025 329,120.05 349,582.58 236.98 349,279.00 04/24/2004/22/20AaaAA+ 350,000.00 3135G03U5 0.67 FREDDIE MAC NOTES DTD 07/23/2020 0.375% 07/21/2025 393,862.80 423,670.23 575.52 422,883.50 07/23/2007/21/20AaaAA+ 425,000.00 3137EAEU9 0.48 FANNIE MAE NOTES DTD 08/27/2020 0.375% 08/25/2025 323,517.60 348,939.43 350.00 348,362.00 08/27/2008/25/20AaaAA+ 350,000.00 3135G05X7 0.47 FEDERAL HOME LOAN BANK NOTES DTD 09/11/2020 0.375% 09/04/2025 138,610.95 149,705.36 135.94 149,550.00 09/11/2009/10/20AaaAA+ 150,000.00 3130AK5E2 0.44 Page 9 For the Month Ending May 31, 2022Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par Federal Agency Bond / Note FREDDIE MAC NOTES DTD 09/25/2020 0.375% 09/23/2025 646,239.30 698,602.26 495.83 697,893.00 09/25/2009/23/20AaaAA+ 700,000.00 3137EAEX3 0.44 FANNIE MAE NOTES DTD 11/12/2020 0.500% 11/07/2025 600,562.30 648,396.27 216.67 647,673.00 11/12/2011/09/20AaaAA+ 650,000.00 3135G06G3 0.57 3,853.73 5,775,270.60 6,066,439.82 0.39 6,060,686.98 6,075,000.00 Security Type Sub-Total Corporate Note TOYOTA MOTOR CREDIT CORP CORPORATE NOTES DTD 08/14/2020 0.500% 08/14/2023 73,125.75 74,976.85 111.46 74,942.25 08/14/2008/11/20A1A+ 75,000.00 89236THF5 0.53 PNC BANK NA CORP NOTES (CALLABLE) DTD 01/23/2019 3.500% 01/23/2024 403,531.20 400,916.12 4,977.78 402,848.00 02/15/1902/12/19A3A- 400,000.00 693475AV7 3.34 CHARLES SCHWAB CORP NOTES (CALLABLE) DTD 03/18/2021 0.750% 03/18/2024 101,356.92 104,968.58 159.69 104,947.50 03/18/2103/16/21A2A 105,000.00 808513BN4 0.77 BANK OF NY MELLON CORP NOTES (CALLABLE) DTD 04/26/2021 0.500% 04/26/2024 200,922.54 209,857.51 102.08 209,775.30 04/26/2104/19/21A1A 210,000.00 06406RAS6 0.54 MORGAN STANLEY CORP NOTES DTD 04/28/2014 3.875% 04/29/2024 408,024.40 409,182.19 1,377.78 422,916.00 07/23/1907/19/19A1A- 400,000.00 61746BDQ6 2.59 AMERICAN HONDA FINANCE CORP NOTE DTD 06/27/2019 2.400% 06/27/2024 395,048.00 399,169.77 4,106.67 398,016.00 07/15/1907/11/19A3A- 400,000.00 02665WCZ2 2.51 GOLDMAN SACHS GROUP INC (CALLABLE) BONDS DTD 07/08/2014 3.850% 07/08/2024 406,073.20 407,278.63 6,117.22 418,632.00 07/11/1907/08/19A2BBB+ 400,000.00 38141EC23 2.84 BMW US CAPITAL LLC CORPORATE NOTES DTD 08/12/2021 0.750% 08/12/2024 66,445.54 69,995.38 158.96 69,993.70 08/12/2108/09/21A2A 70,000.00 05565EBU8 0.75 WALT DISNEY COMPANY/THE DTD 09/06/2019 1.750% 08/30/2024 389,440.40 399,263.81 1,769.44 398,368.00 09/06/1909/03/19A2BBB+ 400,000.00 254687FK7 1.84 Page 10 For the Month Ending May 31, 2022Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par Corporate Note JOHN DEERE CAPITAL CORP CORPORATE NOTES DTD 09/10/2021 0.625% 09/10/2024 95,227.10 99,950.66 140.63 99,935.00 09/10/2109/07/21A2A 100,000.00 24422EVU0 0.65 PACCAR FINANCIAL CORP CORPORATE NOTES DTD 02/06/2020 1.800% 02/06/2025 168,971.43 179,961.09 1,006.25 182,894.25 10/29/2010/22/20A1A+ 175,000.00 69371RQ66 0.73 AMERICAN EXPRESS CO CORP NOTES (CALLABLE DTD 03/04/2022 2.250% 03/04/2025 77,922.96 79,925.76 435.00 79,919.20 03/04/2203/01/22A2BBB+ 80,000.00 025816CQ0 2.29 ROCHE HOLDINGS INC (CALLABLE) CORPORATE DTD 03/10/2022 2.132% 03/10/2025 399,371.16 410,000.00 1,966.77 410,000.00 03/10/2203/03/22Aa3AA 410,000.00 771196BT8 2.13 HOME DEPOT INC (CALLABLE) CORPORATE NOTE DTD 03/28/2022 2.700% 04/15/2025 24,893.40 24,958.80 118.13 24,956.25 03/28/2203/24/22A2A 25,000.00 437076CM2 2.76 CITIGROUP INC CORP NOTES DTD 04/27/2015 3.300% 04/27/2025 223,713.90 240,448.98 701.25 249,738.75 09/01/2008/28/20A3BBB+ 225,000.00 172967JP7 0.88 CINTAS CORPORATION NO. 2 CORP NOTE (CALL DTD 05/03/2022 3.450% 05/01/2025 65,542.36 64,986.08 174.42 64,985.70 05/03/2204/26/22A3A- 65,000.00 17252MAP5 3.46 USAA CAPITAL CORP CORPORATE NOTES DTD 05/26/2022 3.375% 05/01/2025 225,099.00 224,268.37 105.47 224,264.25 05/26/2205/23/22Aa1AA 225,000.00 90327QD89 3.49 APPLE INC (CALLABLE) CORP NOTES DTD 05/11/2020 1.125% 05/11/2025 523,859.60 550,643.95 343.75 551,105.50 05/13/2005/11/20AaaAA+ 550,000.00 037833DT4 1.08 GENERAL DYNAMICS CORP (CALLABLE) CORP NO DTD 05/11/2018 3.500% 05/15/2025 226,510.20 242,260.71 350.00 252,247.50 10/20/2010/16/20A3A- 225,000.00 369550BG2 0.80 JPMORGAN CHASE & CO CORPORATE NOTES DTD 06/01/2021 0.824% 06/01/2025 298,950.75 315,000.00 1,297.80 315,000.00 06/01/2105/24/21A2A- 315,000.00 46647PCH7 0.82 Page 11 For the Month Ending May 31, 2022Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par Corporate Note AMAZON.COM INC CORPORATE NOTES DTD 06/03/2020 0.800% 06/03/2025 445,962.78 474,859.89 1,878.89 474,767.25 06/05/2006/03/20A1AA 475,000.00 023135BQ8 0.81 NATIONAL AUSTRALIA BK/NY CORPORATE NOTES DTD 06/09/2022 3.500% 06/09/2025 250,000.00 250,000.00 0.00 250,000.00 06/09/2205/31/22NRNR 250,000.00 63254ABD9 3.50 NATIONAL RURAL UTIL COOP CORPORATE NOTES DTD 05/04/2022 3.450% 06/15/2025 49,960.10 49,986.83 129.38 49,986.50 05/04/2204/27/22A2A- 50,000.00 63743HFE7 3.46 BANK OF AMERICA CORP NOTES DTD 07/30/2015 3.875% 08/01/2025 228,935.70 245,437.03 2,906.25 256,918.50 08/20/2008/18/20A2A- 225,000.00 06051GFS3 0.93 ABBOTT LABORATORIES CORPORATE NOTES (CAL DTD 03/22/2017 3.875% 09/15/2025 229,528.35 246,184.49 1,840.63 257,845.50 09/28/2009/24/20A1AA- 225,000.00 002824BM1 0.86 BANK OF AMERICA CORP NOTES (CALLABLE) DTD 12/06/2021 1.530% 12/06/2025 213,478.65 225,000.00 1,673.44 225,000.00 12/06/2112/01/21A2A- 225,000.00 06051GKE8 1.53 JPMORGAN CHASE & CO CORPORATE NOTES DTD 02/24/2022 2.595% 02/24/2026 169,314.78 175,000.00 1,223.61 175,000.00 02/24/2202/16/22A2A- 175,000.00 46647PCV6 2.60 UNITEDHEALTH GROUP INC (CALLABLE) CORPOR DTD 05/19/2021 1.150% 05/15/2026 206,993.48 224,689.72 115.00 224,608.50 05/19/2105/17/21A3A+ 225,000.00 91324PEC2 1.19 TOYOTA MOTOR CREDIT CORP CORPORATE NOTES DTD 06/18/2021 1.125% 06/18/2026 132,503.03 144,726.41 738.59 144,678.10 09/13/2109/08/21A1A+ 145,000.00 89236TJK2 1.17 BMW US CAPITAL LLC (CALLABLE) CORPORATE DTD 08/12/2021 1.250% 08/12/2026 159,121.38 174,955.83 662.33 174,947.50 08/16/2108/12/21A2A 175,000.00 05565EBW4 1.26 Page 12 For the Month Ending May 31, 2022Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par Corporate Note CATERPILLAR FINL SERVICE CORPORATE NOTES DTD 01/10/2022 1.700% 01/08/2027 209,563.43 223,950.48 1,498.13 223,863.75 01/13/2201/11/22A2A 225,000.00 14913R2U0 1.81 TARGET CORP CORPORATE NOTES DTD 01/24/2022 1.950% 01/15/2027 37,730.76 39,936.79 275.17 39,932.00 01/24/2201/19/22A2A 40,000.00 87612EBM7 1.99 BANK OF NY MELLON CORP (CALLABLE) CORPOR DTD 01/26/2022 2.050% 01/26/2027 445,283.05 474,017.19 3,381.08 473,945.50 01/28/2201/26/22A1A 475,000.00 06406RBA4 2.10 BERKSHIRE HATHAWAY CORP NOTES (CALLABLE) DTD 03/15/2022 2.300% 03/15/2027 458,741.70 466,460.29 2,306.39 466,089.00 03/17/2203/15/22Aa2AA 475,000.00 084664CZ2 2.70 44,149.44 8,011,147.00 8,323,218.19 1.85 8,393,067.25 8,240,000.00 Security Type Sub-Total Certificate of Deposit SKANDINAV ENSKILDA BANK LT CD DTD 09/03/2019 1.860% 08/26/2022 400,331.60 400,000.00 1,963.33 400,000.00 09/03/1908/29/19P-1A-1 400,000.00 83050PDR7 1.85 CREDIT SUISSE NEW YORK CERT DEPOS DTD 03/23/2021 0.590% 03/17/2023 246,139.50 250,000.00 311.39 250,000.00 03/23/2103/19/21P-1A-1 250,000.00 22552G3C2 0.59 2,274.72 646,471.10 650,000.00 1.37 650,000.00 650,000.00 Security Type Sub-Total Asset-Backed Security CARMAX AUTO OWNER TRUST DTD 10/24/2018 3.360% 09/15/2023 14,226.43 14,221.69 21.24 14,221.59 10/24/1810/17/18NRAAA 14,221.72 14315EAC4 3.36 GMCAR 2019-1 A3 DTD 01/16/2019 2.970% 11/16/2023 850.98 850.58 1.05 850.52 01/16/1901/08/19AaaNR 850.61 36256XAD4 2.97 COMET 2019-A2 A2 DTD 09/05/2019 1.720% 08/15/2024 800,445.36 799,910.10 611.56 799,798.56 09/05/1908/28/19NRAAA 800,000.00 14041NFU0 1.73 GMALT 2021-1 A4 DTD 02/24/2021 0.330% 02/20/2025 83,128.66 84,991.24 8.57 84,987.17 02/24/2102/17/21AaaNR 85,000.00 36261RAD0 0.33 Page 13 For the Month Ending May 31, 2022Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par Asset-Backed Security GMALT 2021-2 A4 DTD 05/26/2021 0.410% 05/20/2025 33,757.69 34,997.80 4.38 34,997.05 05/26/2105/18/21NRAAA 35,000.00 380144AD7 0.41 HART 2021-A A3 DTD 04/28/2021 0.380% 09/15/2025 72,990.83 74,994.08 12.67 74,992.11 04/28/2104/20/21NRAAA 75,000.00 44933LAC7 0.38 NAROT 2021-A A3 DTD 06/23/2021 0.330% 10/15/2025 285,244.85 294,996.10 43.27 294,995.01 06/23/2106/15/21AaaAAA 295,000.00 65480BAC1 0.33 TAOT 2021-B A3 DTD 06/14/2021 0.260% 11/17/2025 314,747.26 324,972.62 37.56 324,965.00 06/14/2106/08/21NRAAA 325,000.00 89190GAC1 0.26 HAROT 2021-4 A3 DTD 11/24/2021 0.880% 01/21/2026 96,087.36 99,981.54 24.44 99,978.92 11/24/2111/16/21AaaNR 100,000.00 43815GAC3 0.89 CARMX 2021-2 A3 DTD 04/21/2021 0.520% 02/17/2026 106,008.90 109,981.76 25.42 109,976.30 04/21/2104/13/21NRAAA 110,000.00 14314QAC8 0.52 HART 2021-C A3 DTD 11/17/2021 0.740% 05/15/2026 76,996.71 79,984.27 26.31 79,982.14 11/17/2111/09/21NRAAA 80,000.00 44935FAD6 0.75 DCENT 2021-A1 A1 DTD 09/27/2021 0.580% 09/15/2026 184,504.77 194,963.93 50.27 194,958.25 09/27/2109/20/21AaaAAA 195,000.00 254683CP8 0.58 GMCAR 2021-4 A3 DTD 10/21/2021 0.680% 09/16/2026 81,887.89 84,998.10 24.08 84,997.83 10/21/2110/13/21AaaAAA 85,000.00 362554AC1 0.68 890.82 2,150,877.69 2,199,843.81 0.95 2,199,700.45 2,200,072.33 Security Type Sub-Total 32,048,962.86 32,331,491.37 1.12 114,156.30 32,162,563.01 30,844,981.33 Managed Account Sub-Total Joint Powers Authority CAMP Pool 66,127.20 66,127.20 0.00 66,127.20 NRAAAm 66,127.20 66,127.20 66,127.20 0.00 66,127.20 66,127.20 Liquid Sub-Total Page 14 For the Month Ending May 31, 2022Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS $32,115,090.06 $32,397,618.57 $114,156.30 $32,228,690.21 $30,911,108.53 1.12% $31,025,264.83 $114,156.30 Total Investments Accrued Interest Securities Sub-Total Bolded items are forward settling trades. Page 15 For the Month Ending May 31, 2022Managed Account Fair Market Value & Analytics CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Value On Cost Amort CostCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration U.S. Treasury Bond / Note (9,350.71)(12,343.75) 792,250.00 99.03 BNP_PARI 800,000.00 912828T91US TREASURY NOTES DTD 10/31/2016 1.625% 10/31/2023 2.32 1.40 (3,553.65)(5,509.76) 173,031.25 98.88 MORGAN_S 175,000.00 912828XX3US TREASURY NOTES DTD 06/30/2017 2.000% 06/30/2024 2.56 2.03 (7,834.23)(12,479.49) 321,343.75 98.88 HSBC 325,000.00 912828XX3US TREASURY NOTES DTD 06/30/2017 2.000% 06/30/2024 2.56 2.03 (17,362.58)(29,980.47) 494,375.00 98.88 HSBC 500,000.00 912828XX3US TREASURY NOTES DTD 06/30/2017 2.000% 06/30/2024 2.56 2.03 (48,846.21)(70,136.72) 2,669,625.00 98.88 HSBC 2,700,000.00 912828XX3US TREASURY NOTES DTD 06/30/2017 2.000% 06/30/2024 2.56 2.03 (31,934.60)(46,132.81) 488,281.25 97.66 WELLS_F 500,000.00 912828YY0US TREASURY NOTES DTD 12/31/2019 1.750% 12/31/2024 2.70 2.52 (122,109.90)(177,500.00) 1,953,125.00 97.66 WELLS_F 2,000,000.00 912828YY0US TREASURY NOTES DTD 12/31/2019 1.750% 12/31/2024 2.70 2.52 (14,876.01)(13,554.70) 231,601.55 92.64 GOLDMAN 250,000.00 912828ZW3US TREASURY NOTES DTD 06/30/2020 0.250% 06/30/2025 2.76 3.07 (28,596.05)(26,771.51) 416,882.79 92.64 MERRILL 450,000.00 912828ZW3US TREASURY NOTES DTD 06/30/2020 0.250% 06/30/2025 2.76 3.07 (9,949.38)(9,357.41) 137,695.32 91.80 CITIGRP 150,000.00 91282CBC4US TREASURY NOTES DTD 12/31/2020 0.375% 12/31/2025 2.80 3.56 (24,676.70)(23,570.30) 321,289.08 91.80 JPM_CHA 350,000.00 91282CBC4US TREASURY NOTES DTD 12/31/2020 0.375% 12/31/2025 2.80 3.56 (22,214.29)(20,781.23) 367,187.52 91.80 CITIGRP 400,000.00 91282CBC4US TREASURY NOTES DTD 12/31/2020 0.375% 12/31/2025 2.80 3.56 (33,796.50)(33,082.01) 413,085.96 91.80 JPM_CHA 450,000.00 91282CBC4US TREASURY NOTES DTD 12/31/2020 0.375% 12/31/2025 2.80 3.56 (38,015.80)(35,572.23) 596,679.72 91.80 BNP_PAR 650,000.00 91282CBC4US TREASURY NOTES DTD 12/31/2020 0.375% 12/31/2025 2.80 3.56 (58,735.61)(56,912.07) 757,324.26 91.80 CITIGRP 825,000.00 91282CBC4US TREASURY NOTES DTD 12/31/2020 0.375% 12/31/2025 2.80 3.56 (2,423.50)(2,176.76) 69,281.25 92.38 BMO 75,000.00 91282CBW0US TREASURY N/B NOTES DTD 04/30/2021 0.750% 04/30/2026 2.82 3.86 (51,427.80)(49,281.25) 877,562.50 92.38 CITIGRP 950,000.00 91282CBW0US TREASURY N/B NOTES DTD 04/30/2021 0.750% 04/30/2026 2.82 3.86 Page 16 For the Month Ending May 31, 2022Managed Account Fair Market Value & Analytics CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Value On Cost Amort CostCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration U.S. Treasury Bond / Note 1,812.31 2,226.55 228,476.55 91.39 HSBC 250,000.00 91282CCP4US TREASURY N/B NOTES DTD 07/31/2021 0.625% 07/31/2026 2.83 4.11 (622,915.92) 2.67 (523,891.21) 11,309,097.75 11,800,000.00 Security Type Sub-Total 2.70 Supra-National Agency Bond / Note (4,216.71)(3,933.96) 240,558.89 98.19 TD 245,000.00 459058JV6INTL BK OF RECON AND DEV NOTE DTD 04/20/2021 0.125% 04/20/2023 2.20 0.89 (15,397.88)(14,854.00) 484,071.00 96.81 TD 500,000.00 459058JM6INTL BK RECON & DEVELOP NOTES DTD 11/24/2020 0.250% 11/24/2023 2.45 1.48 (30,652.38)(30,544.77) 603,985.33 95.12 JPM_CHA 635,000.00 4581X0DZ8INTER-AMERICAN DEVEL BK NOTES DTD 09/23/2021 0.500% 09/23/2024 2.69 2.30 (49,332.73) 2.51 (50,266.97) 1,328,615.22 1,380,000.00 Security Type Sub-Total 1.75 Municipal Bond / Note (754.80)(754.80) 59,245.20 98.74 SIEBERT 60,000.00 20772KJW0CT ST TXBL GO BONDS DTD 06/11/2020 1.998% 07/01/2024 2.62 2.04 (1,944.00)(1,944.00) 98,056.00 98.06 RBC 100,000.00 157411TK5CHAFFEY UHSD, CA TXBL GO BONDS DTD 12/05/2019 2.101% 08/01/2024 3.03 2.12 (20,406.75)(20,406.75) 304,593.25 93.72 WELLS_F 325,000.00 650036DT0NY ST URBAN DEV CORP TXBL REV BONDS DTD 12/23/2020 0.870% 03/15/2025 3.24 2.76 (6,033.30)(6,033.30) 78,966.70 92.90 04/15/25JPM_CHA 85,000.00 91412HGE7UNIV OF CAL TXBL REV BONDS DTD 07/16/2020 0.883% 05/15/2025 3.43 2.84 (4,061.31)(4,225.00) 61,234.55 94.21 MERRILL 65,000.00 341271AD6FL ST BOARD OF ADMIN TXBL REV BONDS DTD 09/16/2020 1.258% 07/01/2025 3.25 3.02 (5,286.86)(5,487.60) 80,075.95 94.21 MERRILL 85,000.00 341271AD6FL ST BOARD OF ADMIN TXBL REV BONDS DTD 09/16/2020 1.258% 07/01/2025 3.25 3.02 (9,268.80)(9,268.80) 150,731.20 94.21 MERRILL 160,000.00 341271AD6FL ST BOARD OF ADMIN TXBL REV BONDS DTD 09/16/2020 1.258% 07/01/2025 3.25 3.02 (7,235.00)(7,235.00) 92,765.00 92.77 MORGAN_ 100,000.00 60412AVJ9MN ST TXBL GO BONDS DTD 08/25/2020 0.630% 08/01/2025 3.04 3.14 (9,257.30)(9,257.30) 120,742.70 92.88 KEYBANC 130,000.00 798306WP7SAN JUAN USD, CA TXBL GO BONDS DTD 10/29/2020 0.852% 08/01/2025 3.23 3.12 Page 17 For the Month Ending May 31, 2022Managed Account Fair Market Value & Analytics CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Value On Cost Amort CostCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration Municipal Bond / Note (10,439.80)(10,439.80) 129,560.20 92.54 MERRILL 140,000.00 54438CYK2LOS ANGELES CCD, CA TXBL GO BONDS DTD 11/10/2020 0.773% 08/01/2025 3.27 3.13 (6,652.10)(6,652.10) 78,347.90 92.17 JPM_CHA 85,000.00 13077DQD7CA ST UNIV TXBL REV BONDS DTD 07/29/2021 0.862% 11/01/2025 3.30 3.37 (81,704.45) 3.20 (81,340.02) 1,254,318.65 1,335,000.00 Security Type Sub-Total 2.88 Federal Agency Commercial Mortgage-Backed Security (5.26)(119.25) 13,923.10 100.00 CITIGRP 13,923.77 3137BM6P6FHLMC SERIES K721 A2 DTD 12/01/2015 3.090% 08/01/2022 3.12 0.17 (5.26)(119.25) 13,923.10 100.00 CITIGRP 13,923.77 3137BM6P6FHLMC SERIES K721 A2 DTD 12/01/2015 3.090% 08/01/2022 3.12 0.17 (24.06)(545.10) 63,648.46 100.00 CITIGRP 63,651.53 3137BM6P6FHLMC SERIES K721 A2 DTD 12/01/2015 3.090% 08/01/2022 3.12 0.17 1.98 2.00 5,648.19 100.04 CSFB 5,646.21 3137FKK39FHMS KP05 A DTD 12/01/2018 3.203% 07/01/2023 3.17 1.10 (94.95)(94.66) 21,650.05 99.56 JPM_CHAS 21,745.24 3137FQ3V3FHMS KJ27 A1 DTD 11/01/2019 2.092% 07/01/2024 2.31 0.59 (6,220.50)(11,992.39) 250,390.42 100.16 CITIGRP 250,000.00 3137BGK24FHMS K043 A2 DTD 03/01/2015 3.062% 12/01/2024 3.00 2.37 (12,868.65) 2.99 (6,348.05) 369,183.32 368,890.53 Security Type Sub-Total 1.70 Federal Agency Bond / Note (21,761.91)(21,219.30) 877,862.70 97.54 CITIGRP 900,000.00 3137EAEV7FREDDIE MAC NOTES DTD 08/21/2020 0.250% 08/24/2023 2.28 1.23 (9,586.16)(9,625.73) 365,442.75 97.45 NOMURA 375,000.00 3137EAEW5FREDDIE MAC NOTES DTD 09/04/2020 0.250% 09/08/2023 2.29 1.27 (13,307.00)(13,206.90) 511,619.85 97.45 WELLS_F 525,000.00 3137EAEW5FREDDIE MAC NOTES DTD 09/04/2020 0.250% 09/08/2023 2.29 1.27 (9,122.75)(8,466.25) 315,321.50 97.02 WELLS_F 325,000.00 3137EAEY1FREDDIE MAC NOTES DTD 10/16/2020 0.125% 10/16/2023 2.33 1.38 (10,218.79)(10,054.10) 339,630.90 97.04 CITIGRP 350,000.00 3137EAEZ8FREDDIE MAC NOTES DTD 11/05/2020 0.250% 11/06/2023 2.36 1.43 Page 18 For the Month Ending May 31, 2022Managed Account Fair Market Value & Analytics CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Value On Cost Amort CostCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration Federal Agency Bond / Note (9,969.27)(9,782.50) 314,847.00 96.88 NOMURA 325,000.00 3135G06H1FANNIE MAE NOTES DTD 11/25/2020 0.250% 11/27/2023 2.39 1.49 (9,386.05)(9,238.50) 290,464.50 96.82 CITIGRP 300,000.00 3137EAFA2FREDDIE MAC NOTES DTD 12/04/2020 0.250% 12/04/2023 2.40 1.51 (20,834.16)(20,095.60) 328,168.40 93.76 CITIGRP 350,000.00 3130AJHU6FEDERAL HOME LOAN BANK NOTES DTD 04/16/2020 0.500% 04/14/2025 2.77 2.85 (20,462.53)(20,158.95) 329,120.05 94.03 CITIGRP 350,000.00 3135G03U5FANNIE MAE NOTES DTD 04/24/2020 0.625% 04/22/2025 2.78 2.87 (29,807.43)(29,020.70) 393,862.80 92.67 WELLS_F 425,000.00 3137EAEU9FREDDIE MAC NOTES DTD 07/23/2020 0.375% 07/21/2025 2.83 3.12 (25,421.83)(24,844.40) 323,517.60 92.43 BARCLAY 350,000.00 3135G05X7FANNIE MAE NOTES DTD 08/27/2020 0.375% 08/25/2025 2.84 3.22 (11,094.41)(10,939.05) 138,610.95 92.41 WELLS_F 150,000.00 3130AK5E2FEDERAL HOME LOAN BANK NOTES DTD 09/11/2020 0.375% 09/04/2025 2.83 3.24 (52,362.96)(51,653.70) 646,239.30 92.32 CITIGRP 700,000.00 3137EAEX3FREDDIE MAC NOTES DTD 09/25/2020 0.375% 09/23/2025 2.82 3.29 (47,833.97)(47,110.70) 600,562.30 92.39 BARCLAY 650,000.00 3135G06G3FANNIE MAE NOTES DTD 11/12/2020 0.500% 11/07/2025 2.84 3.41 (285,416.38) 2.56 (291,169.22) 5,775,270.60 6,075,000.00 Security Type Sub-Total 2.22 Corporate Note (1,851.10)(1,816.50) 73,125.75 97.50 JPM_CHA 75,000.00 89236THF5TOYOTA MOTOR CREDIT CORP CORPORATE NOTES DTD 08/14/2020 0.500% 08/14/2023 2.62 1.20 2,615.08 683.20 403,531.20 100.88 12/23/23CITIGRP 400,000.00 693475AV7PNC BANK NA CORP NOTES (CALLABLE) DTD 01/23/2019 3.500% 01/23/2024 2.95 1.52 (3,611.66)(3,590.58) 101,356.92 96.53 02/18/24CSFB 105,000.00 808513BN4CHARLES SCHWAB CORP NOTES (CALLABLE) DTD 03/18/2021 0.750% 03/18/2024 2.74 1.71 (8,934.97)(8,852.76) 200,922.54 95.68 03/26/24JPM_CHA 210,000.00 06406RAS6BANK OF NY MELLON CORP NOTES (CALLABLE) DTD 04/26/2021 0.500% 04/26/2024 2.85 1.82 Page 19 For the Month Ending May 31, 2022Managed Account Fair Market Value & Analytics CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Value On Cost Amort CostCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration Corporate Note (1,157.79)(14,891.60) 408,024.40 102.01 WELLS_FA 400,000.00 61746BDQ6MORGAN STANLEY CORP NOTES DTD 04/28/2014 3.875% 04/29/2024 2.79 1.86 (4,121.77)(2,968.00) 395,048.00 98.76 WELLS_FA 400,000.00 02665WCZ2AMERICAN HONDA FINANCE CORP NOTE DTD 06/27/2019 2.400% 06/27/2024 3.02 2.02 (1,205.43)(12,558.80) 406,073.20 101.52 04/08/24SUSQ 400,000.00 38141EC23GOLDMAN SACHS GROUP INC (CALLABLE) BONDS DTD 07/08/2014 3.850% 07/08/2024 3.10 1.78 (3,549.84)(3,548.16) 66,445.54 94.92 GOLDMAN 70,000.00 05565EBU8BMW US CAPITAL LLC CORPORATE NOTES DTD 08/12/2021 0.750% 08/12/2024 3.16 2.18 (9,823.41)(8,927.60) 389,440.40 97.36 JPM_CHAS 400,000.00 254687FK7WALT DISNEY COMPANY/THE DTD 09/06/2019 1.750% 08/30/2024 2.97 2.21 (4,723.56)(4,707.90) 95,227.10 95.23 HSBC 100,000.00 24422EVU0JOHN DEERE CAPITAL CORP CORPORATE NOTES DTD 09/10/2021 0.625% 09/10/2024 2.80 2.26 (10,989.66)(13,922.82) 168,971.43 96.56 MERRILL 175,000.00 69371RQ66PACCAR FINANCIAL CORP CORPORATE NOTES DTD 02/06/2020 1.800% 02/06/2025 3.15 2.62 (2,002.80)(1,996.24) 77,922.96 97.40 02/01/25BARCLAY 80,000.00 025816CQ0AMERICAN EXPRESS CO CORP NOTES (CALLABLE DTD 03/04/2022 2.250% 03/04/2025 3.24 2.59 (10,628.84)(10,628.84) 399,371.16 97.41 02/10/25DEUTSCH 410,000.00 771196BT8ROCHE HOLDINGS INC (CALLABLE) CORPORATE DTD 03/10/2022 2.132% 03/10/2025 3.11 2.62 (65.40)(62.85) 24,893.40 99.57 03/15/25MORGAN_ 25,000.00 437076CM2HOME DEPOT INC (CALLABLE) CORPORATE NOTE DTD 03/28/2022 2.700% 04/15/2025 2.85 2.77 (16,735.08)(26,024.85) 223,713.90 99.43 MKTX 225,000.00 172967JP7CITIGROUP INC CORP NOTES DTD 04/27/2015 3.300% 04/27/2025 3.51 2.79 556.28 556.66 65,542.36 100.83 04/01/25KEYBANC 65,000.00 17252MAP5CINTAS CORPORATION NO. 2 CORP NOTE (CALL DTD 05/03/2022 3.450% 05/01/2025 3.15 2.80 830.63 834.75 225,099.00 100.04 MERRILL 225,000.00 90327QD89USAA CAPITAL CORP CORPORATE NOTES DTD 05/26/2022 3.375% 05/01/2025 3.36 2.80 Page 20 For the Month Ending May 31, 2022Managed Account Fair Market Value & Analytics CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Value On Cost Amort CostCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration Corporate Note (26,784.35)(27,245.90) 523,859.60 95.25 04/11/25GOLDMAN 550,000.00 037833DT4APPLE INC (CALLABLE) CORP NOTES DTD 05/11/2020 1.125% 05/11/2025 2.82 2.82 (15,750.51)(25,737.30) 226,510.20 100.67 03/15/25JPM_CHA 225,000.00 369550BG2GENERAL DYNAMICS CORP (CALLABLE) CORP NO DTD 05/11/2018 3.500% 05/15/2025 3.26 2.68 (16,049.25)(16,049.25) 298,950.75 94.91 JPM_CHA 315,000.00 46647PCH7JPMORGAN CHASE & CO CORPORATE NOTES DTD 06/01/2021 0.824% 06/01/2025 2.60 2.96 (28,897.11)(28,804.47) 445,962.78 93.89 GOLDMAN 475,000.00 023135BQ8AMAZON.COM INC CORPORATE NOTES DTD 06/03/2020 0.800% 06/03/2025 2.94 2.96 0.00 0.00 250,000.00 100.00 CITIGRP 250,000.00 63254ABD9NATIONAL AUSTRALIA BK/NY CORPORATE NOTES DTD 06/09/2022 3.500% 06/09/2025 3.50 0.00 (26.73)(26.40) 49,960.10 99.92 RBC 50,000.00 63743HFE7NATIONAL RURAL UTIL COOP CORPORATE NOTES DTD 05/04/2022 3.450% 06/15/2025 3.48 2.91 (16,501.33)(27,982.80) 228,935.70 101.75 MERRILL 225,000.00 06051GFS3BANK OF AMERICA CORP NOTES DTD 07/30/2015 3.875% 08/01/2025 3.29 2.98 (16,656.14)(28,317.15) 229,528.35 102.01 06/15/25US_BANC 225,000.00 002824BM1ABBOTT LABORATORIES CORPORATE NOTES (CAL DTD 03/22/2017 3.875% 09/15/2025 3.22 2.88 (11,521.35)(11,521.35) 213,478.65 94.88 12/06/24MERRILL 225,000.00 06051GKE8BANK OF AMERICA CORP NOTES (CALLABLE) DTD 12/06/2021 1.530% 12/06/2025 3.08 2.46 (5,685.22)(5,685.22) 169,314.78 96.75 JPM_CHA 175,000.00 46647PCV6JPMORGAN CHASE & CO CORPORATE NOTES DTD 02/24/2022 2.595% 02/24/2026 3.53 3.55 (17,696.24)(17,615.02) 206,993.48 92.00 04/15/26CITIGRP 225,000.00 91324PEC2UNITEDHEALTH GROUP INC (CALLABLE) CORPOR DTD 05/19/2021 1.150% 05/15/2026 3.32 3.79 (12,223.38)(12,175.07) 132,503.03 91.38 JPM_CHA 145,000.00 89236TJK2TOYOTA MOTOR CREDIT CORP CORPORATE NOTES DTD 06/18/2021 1.125% 06/18/2026 3.42 3.94 Page 21 For the Month Ending May 31, 2022Managed Account Fair Market Value & Analytics CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Value On Cost Amort CostCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration Corporate Note (15,834.45)(15,826.12) 159,121.38 90.93 07/12/26MITSU 175,000.00 05565EBW4BMW US CAPITAL LLC (CALLABLE) CORPORATE DTD 08/12/2021 1.250% 08/12/2026 3.60 4.00 (14,387.05)(14,300.32) 209,563.43 93.14 JPM_CHA 225,000.00 14913R2U0CATERPILLAR FINL SERVICE CORPORATE NOTES DTD 01/10/2022 1.700% 01/08/2027 3.32 4.41 (2,206.03)(2,201.24) 37,730.76 94.33 CITIGRP 40,000.00 87612EBM7TARGET CORP CORPORATE NOTES DTD 01/24/2022 1.950% 01/15/2027 3.28 4.41 (28,734.14)(28,662.45) 445,283.05 93.74 12/26/26DEUTSCH 475,000.00 06406RBA4BANK OF NY MELLON CORP (CALLABLE) CORPOR DTD 01/26/2022 2.050% 01/26/2027 3.52 4.35 (7,718.59)(7,347.30) 458,741.70 96.58 02/15/27SEEL 475,000.00 084664CZ2BERKSHIRE HATHAWAY CORP NOTES (CALLABLE) DTD 03/15/2022 2.300% 03/15/2027 3.07 4.46 (381,920.25) 3.11 (312,071.19) 8,011,147.00 8,240,000.00 Security Type Sub-Total 2.73 Certificate of Deposit 331.60 331.60 400,331.60 100.08 BARCLAYS 400,000.00 83050PDR7SKANDINAV ENSKILDA BANK LT CD DTD 09/03/2019 1.860% 08/26/2022 1.49 0.24 (3,860.50)(3,860.50) 246,139.50 98.46 CSFB 250,000.00 22552G3C2CREDIT SUISSE NEW YORK CERT DEPOS DTD 03/23/2021 0.590% 03/17/2023 2.53 0.81 (3,528.90) 1.89 (3,528.90) 646,471.10 650,000.00 Security Type Sub-Total 0.46 Asset-Backed Security 4.74 4.84 14,226.43 100.03 MERRILL 14,221.72 14315EAC4CARMAX AUTO OWNER TRUST DTD 10/24/2018 3.360% 09/15/2023 3.33 0.06 0.40 0.46 850.98 100.04 RBC 850.61 36256XAD4GMCAR 2019-1 A3 DTD 01/16/2019 2.970% 11/16/2023 2.94 0.05 535.26 646.80 800,445.36 100.06 RBC 800,000.00 14041NFU0COMET 2019-A2 A2 DTD 09/05/2019 1.720% 08/15/2024 1.69 0.21 (1,862.58)(1,858.51) 83,128.66 97.80 RBC 85,000.00 36261RAD0GMALT 2021-1 A4 DTD 02/24/2021 0.330% 02/20/2025 1.15 0.99 Page 22 For the Month Ending May 31, 2022Managed Account Fair Market Value & Analytics CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Value On Cost Amort CostCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration Asset-Backed Security (1,240.11)(1,239.36) 33,757.69 96.45 SOCGEN 35,000.00 380144AD7GMALT 2021-2 A4 DTD 05/26/2021 0.410% 05/20/2025 1.63 1.30 (2,003.25)(2,001.28) 72,990.83 97.32 BARCLAY 75,000.00 44933LAC7HART 2021-A A3 DTD 04/28/2021 0.380% 09/15/2025 1.21 1.11 (9,751.25)(9,750.16) 285,244.85 96.69 MITSU 295,000.00 65480BAC1NAROT 2021-A A3 DTD 06/23/2021 0.330% 10/15/2025 1.33 1.33 (10,225.36)(10,217.74) 314,747.26 96.85 CITIGRP 325,000.00 89190GAC1TAOT 2021-B A3 DTD 06/14/2021 0.260% 11/17/2025 1.19 1.23 (3,894.18)(3,891.56) 96,087.36 96.09 MERRILL 100,000.00 43815GAC3HAROT 2021-4 A3 DTD 11/24/2021 0.880% 01/21/2026 1.99 1.70 (3,972.86)(3,967.40) 106,008.90 96.37 MERRILL 110,000.00 14314QAC8CARMX 2021-2 A3 DTD 04/21/2021 0.520% 02/17/2026 1.53 1.01 (2,987.56)(2,985.43) 76,996.71 96.25 SMBC 80,000.00 44935FAD6HART 2021-C A3 DTD 11/17/2021 0.740% 05/15/2026 1.72 1.76 (10,459.16)(10,453.48) 184,504.77 94.62 CITIGRP 195,000.00 254683CP8DCENT 2021-A1 A1 DTD 09/27/2021 0.580% 09/15/2026 1.89 2.25 (3,110.21)(3,109.94) 81,887.89 96.34 JPM_CHA 85,000.00 362554AC1GMCAR 2021-4 A3 DTD 10/21/2021 0.680% 09/16/2026 1.56 1.56 (48,822.76) 1.56 (48,966.12) 2,150,877.69 2,200,072.33 Security Type Sub-Total 0.98 32,048,962.86 30,844,981.33 (1,486,510.04) (1,317,581.68) 2.69 Managed Account Sub-Total 2.40 Joint Powers Authority 0.00 0.00 66,127.20 1.00 66,127.20 CAMP Pool 0.00 66,127.20 66,127.20 0.00 0.00 Liquid Sub-Total 0.00 Total Investments $31,025,264.83 $114,156.30 $30,911,108.53 Accrued Interest Securities Sub-Total $32,115,090.06 ($1,486,510.04) ($1,317,581.68) 2.69% 2.40 Bolded items are forward settling trades. Page 23 For the Month Ending May 31, 2022Managed Account Security Transactions & Interest CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Transaction Type Trade CUSIPSecurity DescriptionSettle Par Proceeds Principal Accrued Interest Total Cost Realized G/L Realized G/L Sale Amort Cost Method BUY 05/03/22 CINTAS CORPORATION NO. 2 CORP NOTE (CALL DTD 05/03/2022 3.450% 05/01/2025 17252MAP5 (64,985.70) 0.00 (64,985.70) 65,000.00 04/26/22 05/04/22 NATIONAL RURAL UTIL COOP CORPORATE NOTES DTD 05/04/2022 3.450% 06/15/2025 63743HFE7 (49,986.50) 0.00 (49,986.50) 50,000.00 04/27/22 05/05/22 US TREASURY N/B NOTES DTD 07/31/2021 0.625% 07/31/2026 91282CCP4 (226,250.00)(405.73)(226,655.73) 250,000.00 05/03/22 05/26/22 USAA CAPITAL CORP CORPORATE NOTES DTD 05/26/2022 3.375% 05/01/2025 90327QD89 (224,264.25) 0.00 (224,264.25) 225,000.00 05/23/22 06/09/22 NATIONAL AUSTRALIA BK/NY CORPORATE NOTES DTD 06/09/2022 3.500% 06/09/2025 63254ABD9 (250,000.00) 0.00 (250,000.00) 250,000.00 05/31/22 (405.73) (815,892.18)(815,486.45) 840,000.00 Transaction Type Sub-Total INTEREST 05/01/22 CA ST UNIV TXBL REV BONDS DTD 07/29/2021 0.862% 11/01/2025 13077DQD7 0.00 366.35 366.35 85,000.00 05/01/22 05/25/22 FHMS KP05 A DTD 12/01/2018 3.203% 07/01/2023 3137FKK39 0.00 15.11 15.11 5,662.04 05/01/22 05/25/22 FHLMC SERIES K721 A2 DTD 12/01/2015 3.090% 08/01/2022 3137BM6P6 0.00 275.08 275.08 106,829.52 05/01/22 05/25/22 FHMS K043 A2 DTD 03/01/2015 3.062% 12/01/2024 3137BGK24 0.00 637.92 637.92 250,000.00 05/01/22 05/25/22 FHMS KJ27 A1 DTD 11/01/2019 2.092% 07/01/2024 3137FQ3V3 0.00 56.16 56.16 25,237.85 05/01/22 05/06/22 FREDDIE MAC NOTES DTD 11/05/2020 0.250% 11/06/2023 3137EAEZ8 0.00 437.50 437.50 350,000.00 05/06/22 05/07/22 FANNIE MAE NOTES DTD 11/12/2020 0.500% 11/07/2025 3135G06G3 0.00 1,625.00 1,625.00 650,000.00 05/07/22 05/11/22 APPLE INC (CALLABLE) CORP NOTES DTD 05/11/2020 1.125% 05/11/2025 037833DT4 0.00 3,093.75 3,093.75 550,000.00 05/11/22 Page 24 For the Month Ending May 31, 2022Managed Account Security Transactions & Interest CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Transaction Type Trade CUSIPSecurity DescriptionSettle Par Proceeds Principal Accrued Interest Total Cost Realized G/L Realized G/L Sale Amort Cost Method INTEREST 05/15/22 UNITEDHEALTH GROUP INC (CALLABLE) CORPOR DTD 05/19/2021 1.150% 05/15/2026 91324PEC2 0.00 1,293.75 1,293.75 225,000.00 05/15/22 05/15/22 HART 2021-C A3 DTD 11/17/2021 0.740% 05/15/2026 44935FAD6 0.00 49.33 49.33 80,000.00 05/15/22 05/15/22 CARMAX AUTO OWNER TRUST DTD 10/24/2018 3.360% 09/15/2023 14315EAC4 0.00 75.61 75.61 27,003.42 05/15/22 05/15/22 UNIV OF CAL TXBL REV BONDS DTD 07/16/2020 0.883% 05/15/2025 91412HGE7 0.00 375.28 375.28 85,000.00 05/15/22 05/15/22 COMET 2019-A2 A2 DTD 09/05/2019 1.720% 08/15/2024 14041NFU0 0.00 1,146.67 1,146.67 800,000.00 05/15/22 05/15/22 NAROT 2021-A A3 DTD 06/23/2021 0.330% 10/15/2025 65480BAC1 0.00 81.13 81.13 295,000.00 05/15/22 05/15/22 HART 2021-A A3 DTD 04/28/2021 0.380% 09/15/2025 44933LAC7 0.00 23.75 23.75 75,000.00 05/15/22 05/15/22 DCENT 2021-A1 A1 DTD 09/27/2021 0.580% 09/15/2026 254683CP8 0.00 94.25 94.25 195,000.00 05/15/22 05/15/22 CARMX 2021-2 A3 DTD 04/21/2021 0.520% 02/17/2026 14314QAC8 0.00 47.67 47.67 110,000.00 05/15/22 05/15/22 TAOT 2021-B A3 DTD 06/14/2021 0.260% 11/17/2025 89190GAC1 0.00 70.42 70.42 325,000.00 05/15/22 05/15/22 GENERAL DYNAMICS CORP (CALLABLE) CORP NO DTD 05/11/2018 3.500% 05/15/2025 369550BG2 0.00 3,937.50 3,937.50 225,000.00 05/15/22 05/16/22 GMCAR 2021-4 A3 DTD 10/21/2021 0.680% 09/16/2026 362554AC1 0.00 48.17 48.17 85,000.00 05/16/22 05/16/22 GMCAR 2019-1 A3 DTD 01/16/2019 2.970% 11/16/2023 36256XAD4 0.00 21.60 21.60 8,725.95 05/16/22 05/20/22 GMALT 2021-1 A4 DTD 02/24/2021 0.330% 02/20/2025 36261RAD0 0.00 23.38 23.38 85,000.00 05/20/22 05/20/22 GMALT 2021-2 A4 DTD 05/26/2021 0.410% 05/20/2025 380144AD7 0.00 11.96 11.96 35,000.00 05/20/22 05/21/22 HAROT 2021-4 A3 DTD 11/24/2021 0.880% 01/21/2026 43815GAC3 0.00 73.33 73.33 100,000.00 05/21/22 Page 25 For the Month Ending May 31, 2022Managed Account Security Transactions & Interest CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Transaction Type Trade CUSIPSecurity DescriptionSettle Par Proceeds Principal Accrued Interest Total Cost Realized G/L Realized G/L Sale Amort Cost Method INTEREST 05/24/22 INTL BK RECON & DEVELOP NOTES DTD 11/24/2020 0.250% 11/24/2023 459058JM6 0.00 625.00 625.00 500,000.00 05/24/22 05/27/22 FANNIE MAE NOTES DTD 11/25/2020 0.250% 11/27/2023 3135G06H1 0.00 406.25 406.25 325,000.00 05/27/22 14,911.92 14,911.92 0.00 5,603,458.78 Transaction Type Sub-Total PAYDOWNS 05/25/22 FHMS KJ27 A1 DTD 11/01/2019 2.092% 07/01/2024 3137FQ3V3 3,492.61 0.00 3,492.61 0.08 0.00 3,492.61 05/01/22 05/25/22 FHLMC SERIES K721 A2 DTD 12/01/2015 3.090% 08/01/2022 3137BM6P6 2,332.89 0.00 2,332.89 (19.87) 0.00 2,332.89 05/01/22 05/25/22 FHLMC SERIES K721 A2 DTD 12/01/2015 3.090% 08/01/2022 3137BM6P6 10,664.66 0.00 10,664.66 (90.82)(0.01) 10,664.65 05/01/22 05/25/22 FHMS KP05 A DTD 12/01/2018 3.203% 07/01/2023 3137FKK39 15.83 0.00 15.83 0.00 0.00 15.83 05/01/22 05/25/22 FHLMC SERIES K721 A2 DTD 12/01/2015 3.090% 08/01/2022 3137BM6P6 2,332.89 0.00 2,332.89 (19.87) 0.00 2,332.89 05/01/22 05/15/22 CARMAX AUTO OWNER TRUST DTD 10/24/2018 3.360% 09/15/2023 14315EAC4 12,781.70 0.00 12,781.70 0.12 0.00 12,781.70 05/15/22 05/16/22 GMCAR 2019-1 A3 DTD 01/16/2019 2.970% 11/16/2023 36256XAD4 7,875.34 0.00 7,875.34 0.88 0.00 7,875.34 05/16/22 0.00 (0.01)(129.48) 39,495.92 39,495.92 39,495.91 Transaction Type Sub-Total SELL 05/05/22 US TREASURY NOTES DTD 10/31/2016 1.625% 10/31/2023 912828T91 197,304.69 44.16 197,348.85 (1,375.00)(2,241.01)FIFO 200,000.00 05/03/22 05/26/22 US TREASURY NOTES DTD 10/31/2016 1.625% 10/31/2023 912828T91 222,503.91 258.32 222,762.23 (1,010.74)(2,004.73)FIFO 225,000.00 05/23/22 06/07/22 US TREASURY NOTES DTD 10/31/2016 1.625% 10/31/2023 912828T91 198,007.81 335.60 198,343.41 (3,140.63)(2,386.58)FIFO 200,000.00 05/31/22 638.08 (6,632.32)(5,526.37) 618,454.49 617,816.41 625,000.00 Transaction Type Sub-Total Page 26 For the Month Ending May 31, 2022Managed Account Security Transactions & Interest CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Transaction Type Trade CUSIPSecurity DescriptionSettle Par Proceeds Principal Accrued Interest Total Cost Realized G/L Realized G/L Sale Amort Cost Method (158,174.12) 15,144.27 (143,029.85) (5,655.85) (6,632.33)Managed Account Sub-Total Total Security Transactions ($5,655.85)($143,029.85)$15,144.27 ($158,174.12)($6,632.33) Bolded items are forward settling trades. Page 27 For the Month Ending May 31, 2022Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Total Settlement Dollar AmountShare or Trade Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool 144,724.63 Opening Balance 05/02/22 05/02/22 Purchase - Interest 13077DQD7 1.00 366.35 145,090.98 05/02/22 05/02/22 Purchase - Interest 912828T91 1.00 11,578.13 156,669.11 05/02/22 05/02/22 Purchase - Interest 91282CBW0 1.00 3,843.75 160,512.86 05/03/22 05/03/22 Redemption - Principal 17252MAP5 1.00 (64,985.70) 95,527.16 05/04/22 05/04/22 Redemption - Principal 63743HFE7 1.00 (49,986.50) 45,540.66 05/05/22 05/05/22 Purchase - Principal 912828T91 1.00 197,304.69 242,845.35 05/05/22 05/05/22 Purchase - Interest 912828T91 1.00 44.16 242,889.51 05/05/22 05/05/22 Redemption - Interest 91282CCP4 1.00 (405.73) 242,483.78 05/05/22 05/05/22 Redemption - Principal 91282CCP4 1.00 (226,250.00) 16,233.78 05/06/22 05/06/22 Purchase - Interest 3137EAEZ8 1.00 437.50 16,671.28 05/09/22 05/09/22 Purchase - Interest 3135G06G3 1.00 1,625.00 18,296.28 05/11/22 05/11/22 Purchase - Interest 037833DT4 1.00 3,093.75 21,390.03 05/16/22 05/16/22 Purchase - Interest 369550BG2 1.00 3,937.50 25,327.53 05/16/22 05/16/22 Purchase - Interest 91324PEC2 1.00 1,293.75 26,621.28 05/16/22 05/16/22 Purchase - Interest 91412HGE7 1.00 375.28 26,996.56 05/16/22 05/16/22 Purchase - Interest 14041NFU0 1.00 1,146.67 28,143.23 05/16/22 05/16/22 Purchase - Interest 14314QAC8 1.00 47.67 28,190.90 05/16/22 05/16/22 Purchase - Interest 14315EAC4 1.00 75.61 28,266.51 05/16/22 05/16/22 Purchase - Interest 254683CP8 1.00 94.25 28,360.76 05/16/22 05/16/22 Purchase - Interest 362554AC1 1.00 48.17 28,408.93 05/16/22 05/16/22 Purchase - Interest 36256XAD4 1.00 21.60 28,430.53 Page 28 For the Month Ending May 31, 2022Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Total Settlement Dollar AmountShare or Trade Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool 05/16/22 05/16/22 Purchase - Interest 44933LAC7 1.00 23.75 28,454.28 05/16/22 05/16/22 Purchase - Interest 44935FAD6 1.00 49.33 28,503.61 05/16/22 05/16/22 Purchase - Interest 65480BAC1 1.00 81.13 28,584.74 05/16/22 05/16/22 Purchase - Interest 89190GAC1 1.00 70.42 28,655.16 05/16/22 05/16/22 Purchase - Principal 14315EAC4 1.00 12,781.70 41,436.86 05/16/22 05/16/22 Purchase - Principal 36256XAD4 1.00 7,875.34 49,312.20 05/20/22 05/20/22 Purchase - Interest 36261RAD0 1.00 23.38 49,335.58 05/20/22 05/20/22 Purchase - Interest 380144AD7 1.00 11.96 49,347.54 05/23/22 05/23/22 Purchase - Interest 43815GAC3 1.00 73.33 49,420.87 05/24/22 05/24/22 Purchase - Interest 459058JM6 1.00 625.00 50,045.87 05/25/22 05/25/22 Purchase - Interest 3137BGK24 1.00 637.92 50,683.79 05/25/22 05/25/22 Purchase - Interest 3137BM6P6 1.00 275.08 50,958.87 05/25/22 05/25/22 Purchase - Interest 3137FKK39 1.00 15.11 50,973.98 05/25/22 05/25/22 Purchase - Interest 3137FQ3V3 1.00 56.16 51,030.14 05/25/22 05/25/22 Purchase - Principal 3137FQ3V3 1.00 3,492.61 54,522.75 05/25/22 05/25/22 Purchase - Principal 3137FKK39 1.00 15.83 54,538.58 05/25/22 05/25/22 Purchase - Principal 3137BM6P6 1.00 2,332.89 56,871.47 05/25/22 05/25/22 Purchase - Principal 3137BM6P6 1.00 2,332.89 59,204.36 05/25/22 05/25/22 Purchase - Principal 3137BM6P6 1.00 10,664.66 69,869.02 05/25/22 05/25/22 IP Fees April 2022 1.00 (2,527.35) 67,341.67 05/25/22 05/25/22 U.S. Bank Fees March 2022 1.00 (152.45) 67,189.22 05/26/22 05/26/22 Purchase - Principal 912828T91 1.00 222,503.91 289,693.13 Page 29 For the Month Ending May 31, 2022Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Total Settlement Dollar AmountShare or Trade Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool 05/26/22 05/26/22 Purchase - Interest 912828T91 1.00 258.32 289,951.45 05/26/22 05/26/22 Redemption - Principal 90327QD89 1.00 (224,264.25) 65,687.20 05/27/22 05/27/22 Purchase - Interest 3135G06H1 1.00 406.25 66,093.45 05/31/22 06/01/22 Accrual Income Div Reinvestment - Distributions 1.00 33.75 66,127.20 66,127.20 66,127.20 66,127.20 50,459.07 124.16 0.00 (3,476,868.99) 3,287,819.51 255,176.68 33.75 66,127.20 0.00 (568,571.98) 489,974.55 144,724.63 Monthly Distribution Yield Average Monthly Balance Closing Balance Fiscal YTDMonth of Cash Dividends and Income Closing Balance Check Disbursements Redemptions (Excl. Checks) Purchases Opening Balance Closing Balance May January-May 0.82% Page 30