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. 18 - SA Investment Report for December 2023
18)SA Investment Report for December 2023 Receive and file the Investment Report for December 2023. Page 1 of 1 REPORT TO SUCCESSOR AGENCY 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:Shannon Buckley, Assistant Executive Director Date:February 27, 2024 Subject:SA Investment Report for December 2023 Recommendation Receive and file the Investment Report for December 2023. 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. Attachments Attachment 1- Investment Report for December 2023 CITY OF LAKE ELSINORE INVESTMENT REPORT BANK DEPOSITS OUTSTANDING BOOK CASH ACCOUNTS BALANCE IN TRANSIT PAYMENTS BALANCE Bank Accounts: General Checking Account 4,553,042$ 32,590$ (3,257)$ 4,582,375$ Cash On Hand: Cashier Drawers #1 & #2 - - - 300 City of Lake Elsinore Petty Cash Fund - - - 2,000 Total Cash Accounts 4,553,042 32,590 (3,257) 4,584,675 INVESTMENTS Local Agency Investment Funds 43,522,208 - - 43,522,208 CAMP Investments: CAMP Pool Account 116,773 - - 116,773 U.S. Treasury Bond / Note 21,307,464 - - 21,307,464 Supra-National Agency Bond / Note 634,530 - - 634,530 Municipal Bond / Note 1,536,023 - - 1,536,023 Federal Agency Commercial Mortgage-Backed Security 6,985,576 - - 6,985,576 Federal Agency Bond / Note 2,963,905 - - 2,963,905 Corporate Note 12,345,942 - - 12,345,942 Certificate of Deposit 900,000 - - 900,000 Asset-Backed Security 5,396,794 - - 5,396,794 Sub-total Investments 95,709,215 - - 95,709,215 Market Value Adjustment: Unrealized Gain/(Loss) at 09/30/2023 (2,410,517) - - (2,410,517) Total Investments 93,298,697 - - 93,298,697 Total Pooled Cash and Investments 97,851,739$ 32,590$ (3,257)$ 97,883,372$ TOTAL POOLED CASH AND INVESTMENTS 97,883,372$ 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 28, 2022. 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 February 12, 2024 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 DECEMBER 31, 2023 FUND NO FUND NAME AMOUNT 100 General 8,657,122$ 102 Measure Z 15,692,321 106 Affordable Housing In Lieu 759,168 107 Developer Agreement Revenue 180,106 108 American Rescue Plan 5,624,100 109 Road Maintenance and Rehabilitation (SB1) 834,838 110 State Gas Tax 286,318 112 Measure A 460,619 114 SB1186 CASP Education Program 60,888 116 City Hall-Public Works DIF 26,666 117 Community Center DIF 231,021 118 Lake Side Facility DIF 367,673 119 Animal Shelter DIF 43,774 121 T.R.I.P.-2014A 507 135 Lighting & Landscape Maintenance - Dist. No. 1 980,736 140 Geothermal 11,825 180 Launch Pointe 505,733 202 La Strada RBBD 24,118 203 E.L.S.P. - S.T.I.F. 3,401,033 205 Traffic Impact Fee 389,550 211 Storm Drain C.I.P. 3,147,375 221 Quimby Park C.I.P. 189,646 231 Library C.I.P. 1,361,413 232 City Fire Protection 695,919 300 Insurance Service 907,361 305 Information Systems Service 2,469,493 310 Support Service 33,151 320 Facilities Service 2,343,804 331 CFD 2006-1CC Summerly Improvement Area CC 2,453 335 CFD 2003-2E Canyon Hills Improvement Area E 4,533 337 CFD 2016-2 Canyon Hills 6,001 339 CFD 2006-1 IA-KK Summerly Improvement Area 4,813 345 CFD 2003-2 Improvement Area D, Canyon Hills 19,161 346 CFD 2014-1 Southshore 68,739 347 CFD 2006-1 Improvement Area A, Summerly 187 354 CFD 90-2 Tuscany Hills 6,887 361 CFD 2022-2 Lakeshore Improvement 10,104 362 CFD 2006-8S Running Deer Estates Services 21,520 363 CFD 2022-3 Lakeside 159 364 CFD 2023-2 Coastal Mission Trail Improvement 20,269 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 DECEMBER 31, 2023 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 DECEMBER 31, 2023 366 CFD 2005-6 City Center Townhomes 6,223 368 CFD 2006-2 Viscaya 17,482 369 CFD 2004-3 Area 1 Rosetta Canyon Improvement Area 23,605 370 CFD 2006-1 IA-HH Summerly Improvement 7,131 375 CFD 2006-4 Clurman 1,620 388 CFD 2007-6 Holiday Inn Express 365 390 CFD 2003-2 Area C Canyon Hills Improvement Area 3,000 500 Capital Improvement Plan 8,915,499 603 Endowment Trust - Carl Graves 60,628 604 Endowment Trust - Korn Memorial 33,981 605 Public Improvement Trust 1,730,477 606 Mobile Source Air Polution Reduction 67,799 608 Trust Deposit & Pre Paid Expense 1,567,654 617 Successor Agency Housing 29,260,615 620 Cost Recovery System 5,829,846 631 Lake Destratification Equipment Replacement 499,056 655 CFD 2015-1s Law, Fire, Paramedic Services 7,288 Total Pooled Cash & Investments 97,883,372$ MAXIMUM DIVERSIFICATION CURRENT TYPES OF SECURITIES PERCENTAGE PERCENTAGE BALANCE CAMP - Pooled Sweep Account Unlimited 0.12% 116,773$ U.S. Treasury Bond / Note Unlimited 22.26% 21,307,464$ Supra-National Agency Bond / Note 30% 0.66% 634,530$ Municipal Bond / Note Unlimited 1.60% 1,536,023$ Federal Agency Collaterized Mortgage Obligation 40% 7.30% 6,985,576$ Federal Agency Bond / Note Unlimited 3.10% (1)2,963,905$ Corporate Note 30% 12.90% 12,345,942$ Negotiable Certificates of Deposit 30% 0.94% 900,000$ Asset-Backed Security / Collaterized Mortgage 20% 5.64% 5,396,794$ LAIF (Local Agency Investment Funds) $150 Million 45.47% (2)43,522,208$ TOTAL 100.00% 95,709,215$ 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 $75 million in each agency. C I T Y O F L A K E E L S I N O R E SUMMARY OF POLICY LIMITATIONS FOR THE MONTH ENDING DECEMBER 31, 2023 Local Agency Investment Fund Yield Purchase Date Maturity Rate 3.929% Daily 24-Hour Investment Beginning Balance Net Increase/(Decrease)Ending Balance Total Investments Held with Local Agency Investment Fund:42,722,208$ 800,000$ 43,522,208$ Note: Per California State Treasurer, LAIF Statute 16429.1: Separate accounts for each governmental unit shall be maintained. 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 DECEMBER 31, 2023 December 3.929 November 3.843 October 3.670 September 3.534 August 3.434 July 3.305** LAIF Apportionment Rate(2):4.00 LAIF Earnings Ratio(2):0.00010932476863589 LAIF Administrative Cost(1)*:0.29 PMIA Average Life(1):230 LAIF Fair Value Factor(1):0.993543131 PMIA Daily(1):3.96 PMIA Quarter to Date(1):3.81 Treasuries 61.22% Agencies 21.44% Certificates of Deposit/Bank Notes 7.72% Time Deposits 3.34% Commercial Paper 5.71% Corporate Bonds 0.36% Loans 0.21% 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). *The percentage of administrative cost equals the total administrative cost divided by the quarterly interest earnings. The l aw provides that administrative costs are not to exceed 5% of quarterly EARNINGS of the fund. However, if the 13-week Daily Treasury Bill Rate on the last day of the fiscal year is below 1%, then administrative costs shall not exceed 8% of quarterly EARNINGS of the fund for the subsequent fiscal year. ** Revised 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 1/17/23 Daily rates are now available here. View PMIA Daily Rates Quarterly Performance Quarter Ended 12/31/23 Chart does not include $2,164,000.00 in mortgages, which equates to 0.001%.Percentages may not total 100% due to rounding. Pooled Money Investment Account Monthly Portfolio Composition (1) 12/31/23 $158.0 billion CAMP Investment Portfolio For the Month Ending December 31, 2023Account Statement - Transaction Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Opening Market Value Purchases Redemptions Change in Value Closing Market Value 1,186,908.99 973,788.96 (2,043,924.99) 0.00 $116,772.96 CAMP Pool Unsettled Trades 0.00 1,159.20 Cash Dividends and Income Opening Market Value Purchases Redemptions Change in Value Closing Market Value 50,202,511.39 1,764,082.01 (905,066.24) 705,630.88 $51,767,158.04 CAMP Managed Account Unsettled Trades 0.00 56,373.47 Cash Dividends and Income December 31, 2023 November 30, 2023 Asset Summary CAMP Pool 116,772.96 1,186,908.99 CAMP Managed Account 51,767,158.04 50,202,511.39 $51,883,931.00 $51,389,420.38 Total Asset Allocation 0.23% CAMP Pool 99.77% CAMP Managed Account Page 1 For the Month Ending December 31, 2023Managed 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 $1,186,908.99 973,788.96 (2,043,924.99) $116,772.96 1,159.20 $50,202,511.39 (349,440.26) (555,625.98) 1,764,082.01 0.00 705,630.88 $51,767,158.04 $51,389,420.38 $51,883,931.00 68,188.52 (1,559.71) (10,255.34) $56,373.47 300,375.00 557,548.90 65,890.60 49,440.26 (2,039,851.65) 1,066,596.89 0.00 Managed Account Total 52,381,236.70 52,498,009.66 253,286.16 557,548.90 349,815.26 65,890.60 (1,765,418.97) (51,506,038.48) (201,788.04) 0.00 253,286.16 2,601,473.89 349,815.26 65,890.60 (2,739,207.93) (52,692,947.47) (201,788.04) 1,159.20 Total Accrual Basis Earnings $134,532.13 $135,691.33 Transaction Summary - Managed AccountTransaction Summary - Money Market _______________________________________________ _______________________________________________ _____________________________________________________ Cash Balance $0.00 Closing Cash Balance Page 2 For the Month Ending December 31, 2023Portfolio Summary and Statistics CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Account Summary Percent Par Value Market ValueDescription U.S. Treasury Bond / Note 22,675,000.00 21,432,937.28 41.32 Supra-National Agency Bond / Note 635,000.00 614,581.58 1.18 Municipal Bond / Note 1,535,000.00 1,470,816.10 2.83 Federal Agency Commercial Mortgage-Backed Security 7,119,650.24 7,087,968.21 13.66 Federal Agency Bond / Note 2,975,000.00 2,792,702.03 5.38 Corporate Note 12,365,000.00 12,064,740.63 23.25 Certificate of Deposit 900,000.00 905,579.15 1.75 Asset-Backed Security 5,397,532.11 5,397,833.06 10.40 Managed Account Sub-Total 53,602,182.35 51,767,158.04 99.77% Accrued Interest 253,286.16 Total Portfolio 53,602,182.35 52,020,444.20 CAMP Pool 116,772.96 116,772.96 0.23 Total Investments 53,718,955.31 52,137,217.16 100.00% Unsettled Trades 0.00 0.00 Sector Allocation 10.40% ABS 1.75% Cert of Deposit 23.25% Corporate Note 5.38% Fed Agy Bond / Note 13.66% Federal Agency Commercial Mortgage-Backed Security 0.23% Joint Powers Authority 2.83% Muni Bond / Note 1.18% Supra-National Agency Bond / Note 41.32% 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 3.13%3.60% 16.17% 35.66% 21.31%20.13% 0.00% Maturity Distribution Characteristics Yield to Maturity at Cost Yield to Maturity at Market Weighted Average Days to Maturity 1064 3.49% 4.34% Page 3 For the Month Ending December 31, 2023Managed Account Issuer Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Credit Quality (S&P Ratings) 4.55% A 3.13% A+ 7.40% A- 3.65% AA 62.03% AA+ 3.55% AA- 11.59% AAA 0.23% AAAm 1.45% BBB+ 2.42% NR Issuer Summary Percentof HoldingsIssuer Market Value 222,583.05 0.43 ABBOTT LABORATORIES 450,045.88 0.87 AMAZON.COM INC 966,691.42 1.86 AMERICAN EXPRESS CO 394,030.80 0.76 AMERICAN HONDA FINANCE 742,405.83 1.43 APPLE INC 790,898.79 1.52 BANK OF AMERICA CO 447,941.15 0.86 BERKSHIRE HATHAWAY INC 228,298.81 0.44 BMW FINANCIAL SERVICES NA LLC 368,560.88 0.71 BRISTOL-MYERS SQUIBB CO 79,352.60 0.15 CALIFORNIA STATE UNIVERSITY 116,772.96 0.23 CAMP Pool 734,001.45 1.41 CAPITAL ONE FINANCIAL CORP 250,190.30 0.48 CARMAX AUTO OWNER TRUST 207,993.83 0.40 CATERPILLAR INC 98,242.00 0.19 CHAFFEY JOINT UNION HIGH SCHOOL DISTRICT 389,852.03 0.75 CHARLES SCHWAB 411,241.05 0.79 CHASE ISSURANCE 63,830.39 0.12 CINTAS CORPORATION NO. 2 780,822.75 1.50 CITIGROUP INC 384,516.00 0.74 DEERE & COMPANY 859,104.83 1.66 DISCOVER FINANCIAL SERVICES 1,812,644.94 3.49 FANNIE MAE 472,933.95 0.91 FEDERAL HOME LOAN BANKS 353,832.05 0.68 FIFTH THIRD AUTO TRUST 294,391.50 0.57 FLORIDA STATE BOARD OF ADMIN FIN CORP 129,403.27 0.25 FORD CREDIT AUTO OWNER TRUST 7,595,091.35 14.65 FREDDIE MAC 220,957.65 0.43 GENERAL DYNAMICS CORP 333,118.10 0.64 GM FINANCIAL CONSUMER AUTOMOBILE TRUST 396,079.60 0.76 GOLDMAN SACHS GROUP INC 169,586.32 0.33 HARLEY-DAVIDSON MOTORCYCLE TRUST 24,381.63 0.05 HOME DEPOT INC Page 4 For the Month Ending December 31, 2023Managed Account Issuer Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Percentof HoldingsIssuer Market Value 478,820.74 0.92 HONDA AUTO RECEIVABLES 75,160.63 0.14 HYUNDAI AUTO RECEIVABLES 222,493.28 0.43 IBM CORP 614,581.58 1.18 INTER-AMERICAN DEVELOPMENT BANK 479,085.50 0.92 JP MORGAN CHASE & CO 60,281.76 0.12 LOCKHEED MARTIN CORP 131,584.60 0.25 LOS ANGELES COMMUNITY COLLEGE DISTRICT 730,581.75 1.41 MICROSOFT CORP 397,572.00 0.77 MORGAN STANLEY 734,938.00 1.42 NATIONAL AUSTRALIA BANK LTD 383,307.65 0.74 NATIONAL RURAL UTILITIES CO FINANCE CORP 308,376.25 0.59 NEW YORK ST URBAN DEVELOPMENT CORP 269,407.81 0.52 NISSAN AUTO RECEIVABLES 446,945.85 0.86 NORDEA BANK ABP 169,285.73 0.33 PACCAR FINANCIAL CORP 399,574.80 0.77 PNC FINANCIAL SERVICES GROUP 397,900.49 0.77 ROCHE HOLDINGS INC 122,638.10 0.24 SAN JUAN UNIFIED SCHOOL DISTRICT 202,548.00 0.39 STATE OF CALIFORNIA 58,998.60 0.11 STATE OF CONNECTICUT 94,005.00 0.18 STATE OF MINNESOTA 37,327.28 0.07 TARGET CORP 86,368.59 0.17 TEXAS INSTRUMENTS INC 648,464.13 1.25 THE BANK OF NEW YORK MELLON CORPORATION 390,472.00 0.75 THE WALT DISNEY CORPORATION 458,633.30 0.88 TORONTO-DOMINION BANK 752,268.24 1.45 TOYOTA MOTOR CORP 21,432,937.28 41.32 UNITED STATES TREASURY 208,299.60 0.40 UNITEDHEALTH GROUP INC 80,679.45 0.16 UNIVERSITY OF CALIFORNIA 220,595.85 0.43 USAA CAPITAL CORP $51,883,931.00 Total 100.00% Page 5 For the Month Ending December 31, 2023Managed 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 12/31/2019 1.750% 12/31/2024 48,523.44 50,781.65 2.40 53,441.41 08/07/2008/05/20AaaAA+ 50,000.00 912828YY0 0.18 US TREASURY NOTES DTD 06/30/2020 0.250% 06/30/2025 140,859.38 148,974.26 1.03 147,093.75 04/05/2104/01/21AaaAA+ 150,000.00 912828ZW3 0.72 US TREASURY NOTES DTD 04/30/2021 0.750% 04/30/2026 69,386.71 73,039.91 95.81 71,458.01 02/14/2202/10/22AaaAA+ 75,000.00 91282CBW0 1.92 US TREASURY NOTES DTD 04/30/2021 0.750% 04/30/2026 716,996.06 764,805.06 990.04 756,109.37 01/06/2201/04/22AaaAA+ 775,000.00 91282CBW0 1.33 US TREASURY NOTES DTD 07/31/2021 0.625% 07/31/2026 183,187.50 186,113.31 523.10 179,007.81 09/06/2209/01/22AaaAA+ 200,000.00 91282CCP4 3.53 US TREASURY NOTES DTD 07/31/2021 0.625% 07/31/2026 228,984.38 235,547.48 653.87 226,250.00 05/05/2205/03/22AaaAA+ 250,000.00 91282CCP4 3.03 US TREASURY NOTES DTD 07/31/2021 0.625% 07/31/2026 686,953.12 711,511.02 1,961.62 690,468.75 08/04/2208/01/22AaaAA+ 750,000.00 91282CCP4 2.74 US TREASURY NOTES DTD 07/31/2021 0.625% 07/31/2026 732,750.00 757,053.78 2,092.39 732,343.75 07/08/2207/05/22AaaAA+ 800,000.00 91282CCP4 2.84 US TREASURY NOTES DTD 07/31/2021 0.625% 07/31/2026 824,343.75 849,690.71 2,353.94 819,035.16 06/06/2206/02/22AaaAA+ 900,000.00 91282CCP4 2.94 US TREASURY NOTES DTD 07/31/2021 0.625% 07/31/2026 824,343.75 847,598.81 2,353.94 819,562.50 08/15/2208/08/22AaaAA+ 900,000.00 91282CCP4 3.04 US TREASURY NOTES DTD 11/15/2016 2.000% 11/15/2026 236,406.25 234,425.01 645.60 228,144.53 11/04/2211/01/22AaaAA+ 250,000.00 912828U24 4.39 US TREASURY NOTES DTD 11/15/2016 2.000% 11/15/2026 921,984.38 924,443.09 2,517.86 907,092.77 01/06/2301/04/23AaaAA+ 975,000.00 912828U24 3.96 US TREASURY NOTES DTD 11/15/2016 2.000% 11/15/2026 1,985,812.50 1,993,617.56 5,423.08 1,954,066.41 12/07/2212/05/22AaaAA+ 2,100,000.00 912828U24 3.92 US TREASURY NOTES DTD 11/15/2016 2.000% 11/15/2026 8,983,437.50 9,066,727.08 24,532.97 8,922,578.13 01/17/2301/13/23AaaAA+ 9,500,000.00 912828U24 3.72 Page 6 For the Month Ending December 31, 2023Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par U.S. Treasury Bond / Note US TREASURY NOTES DTD 04/30/2022 2.750% 04/30/2027 1,154,625.00 1,164,988.74 5,620.88 1,155,421.88 02/03/2301/31/23AaaAA+ 1,200,000.00 91282CEN7 3.70 US TREASURY NOTES DTD 07/31/2022 2.750% 07/31/2027 360,058.58 364,301.77 4,315.56 362,329.10 05/05/2305/01/23AaaAA+ 375,000.00 91282CFB2 3.62 US TREASURY NOTES DTD 07/31/2022 2.750% 07/31/2027 576,093.72 569,759.13 6,904.89 565,640.63 07/07/2307/03/23AaaAA+ 600,000.00 91282CFB2 4.30 US TREASURY NOTES DTD 07/31/2022 2.750% 07/31/2027 768,124.96 756,540.01 9,206.52 746,531.25 03/06/2303/02/23AaaAA+ 800,000.00 91282CFB2 4.44 US TREASURY NOTES DTD 07/31/2022 2.750% 07/31/2027 792,128.86 792,048.51 9,494.23 786,779.30 06/06/2306/02/23AaaAA+ 825,000.00 91282CFB2 3.97 US TREASURY NOTES DTD 11/30/2022 3.875% 11/30/2027 1,197,937.44 1,184,404.05 4,065.57 1,184,109.38 12/05/2312/01/23AaaAA+ 1,200,000.00 91282CFZ9 4.24 83,755.30 21,432,937.28 21,676,370.94 3.59 21,307,463.89 22,675,000.00 Security Type Sub-Total Supra-National Agency Bond / Note INTER-AMERICAN DEVEL BK NOTES DTD 09/23/2021 0.500% 09/23/2024 614,581.58 634,885.95 864.31 634,530.10 09/23/2109/15/21AaaAAA 635,000.00 4581X0DZ8 0.52 864.31 614,581.58 634,885.95 0.52 634,530.10 635,000.00 Security Type Sub-Total Municipal Bond / Note CT ST TXBL GO BONDS DTD 06/11/2020 1.998% 07/01/2024 58,998.60 60,000.00 599.40 60,000.00 06/11/2005/29/20Aa3AA- 60,000.00 20772KJW0 2.00 CHAFFEY UHSD, CA TXBL GO BONDS DTD 12/05/2019 2.101% 08/01/2024 98,242.00 100,000.00 875.42 100,000.00 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 308,376.25 325,000.00 832.54 325,000.00 12/23/2012/16/20NRNR 325,000.00 650036DT0 0.87 UNIV OF CAL TXBL REV BONDS DTD 07/16/2020 0.883% 05/15/2025 80,679.45 85,000.00 95.90 85,000.00 07/16/2007/10/20Aa2AA 85,000.00 91412HGE7 0.88 Page 7 For the Month Ending December 31, 2023Managed 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 61,727.25 65,143.72 408.85 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 80,720.25 85,176.25 534.65 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 151,944.00 160,000.00 1,006.40 160,000.00 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 94,005.00 100,000.00 262.50 100,000.00 08/25/2008/11/20AaaAAA 100,000.00 60412AVJ9 0.63 SAN JUAN USD, CA TXBL GO BONDS DTD 10/29/2020 0.852% 08/01/2025 122,638.10 130,000.00 461.50 130,000.00 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 131,584.60 140,000.00 450.92 140,000.00 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 79,352.60 85,000.00 122.12 85,000.00 07/29/2107/09/21Aa2AA- 85,000.00 13077DQD7 0.86 CA ST MUNICIPAL BONDS DTD 03/15/2023 4.846% 03/01/2027 202,548.00 200,000.00 3,230.67 200,000.00 03/15/2303/09/23Aa2AA- 200,000.00 13063D3N6 4.85 8,880.87 1,470,816.10 1,535,319.97 1.58 1,536,023.10 1,535,000.00 Security Type Sub-Total Federal Agency Commercial Mortgage-Backed Security FHMS K043 A2 DTD 03/01/2015 3.062% 12/01/2024 241,470.71 248,791.42 628.74 258,607.89 03/25/2003/19/20AaaAA+ 246,403.24 3137BGK24 1.95 FHMS K054 A2 DTD 04/20/2016 2.745% 01/01/2026 265,159.80 266,617.63 629.06 263,613.28 04/14/2304/11/23AaaAA+ 275,000.00 3137BNGT5 4.37 FHMS K058 A2 DTD 11/09/2016 2.653% 08/01/2026 525,101.46 531,905.53 1,215.96 526,839.84 04/12/2304/06/23AaaAA+ 550,000.00 3137BSP72 4.02 FHMS K061 A2 DTD 01/30/2017 3.347% 11/01/2026 368,373.42 369,815.34 1,058.30 367,752.63 05/24/2305/19/23AaaAA+ 379,432.02 3137BTUM1 4.31 FHMS K064 A2 DTD 05/15/2017 3.224% 03/01/2027 531,336.07 522,090.95 1,477.67 518,804.69 08/18/2308/16/23AaaAA+ 550,000.00 3137BXQY1 4.98 Page 8 For the Month Ending December 31, 2023Managed 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 FHLMC MULTIFAMILY STRUCTURED P DTD 07/01/2017 3.243% 04/01/2027 530,852.51 530,375.63 1,486.38 527,033.20 06/13/2306/08/23AaaAA+ 550,000.00 3137F1G44 4.44 FHMS KJ48 A1 DTD 12/01/2023 4.858% 05/01/2028 405,352.19 399,996.83 1,619.33 399,996.80 12/14/2312/06/23AaaAA+ 400,000.00 3137HBC69 4.86 FHMS KJ46 A1 DTD 07/01/2023 4.777% 06/01/2028 440,732.53 438,805.01 1,746.85 438,804.03 07/27/2307/19/23AaaAA+ 438,814.98 3137HAD45 4.78 FHMS K505 A2 DTD 07/01/2023 4.819% 06/01/2028 559,019.43 554,983.61 2,208.71 555,493.40 07/20/2307/13/23AaaAA+ 550,000.00 3137HACX2 4.59 FNA 2023-M6 A2 DTD 07/01/2023 4.190% 07/01/2028 546,132.14 541,474.85 1,920.42 540,675.78 07/31/2307/18/23AaaAA+ 550,000.00 3136BQDE6 4.58 FHMS K508 A2 DTD 10/01/2023 4.740% 08/01/2028 507,553.87 489,440.69 1,975.00 489,032.00 10/19/2310/11/23AaaAA+ 500,000.00 3137HAQ74 5.26 FHMS K506 A2 DTD 09/01/2023 4.650% 08/01/2028 809,248.43 788,806.98 3,100.00 788,165.60 09/14/2309/07/23AaaAA+ 800,000.00 3137HAMH6 4.99 FHMS K509 A2 DTD 10/01/2023 4.850% 09/01/2028 382,526.16 363,410.25 1,515.63 363,043.88 10/31/2310/25/23AaaAA+ 375,000.00 3137HAST4 5.60 FHMS K507 A2 DTD 09/01/2023 4.800% 09/01/2028 509,185.98 494,301.33 2,000.00 494,023.50 09/28/2309/20/23AaaAA+ 500,000.00 3137HAMS2 5.07 FHMS K510 A2 DTD 11/01/2023 5.069% 10/01/2028 185,097.21 179,490.12 760.35 179,479.62 11/21/2311/14/23AaaAA+ 180,000.00 3137HB3D4 5.14 FHMS K511 A2 DTD 12/01/2023 4.860% 10/01/2028 280,826.30 274,219.71 1,113.75 274,209.93 12/07/2311/28/23AaaAA+ 275,000.00 3137HB3G7 4.93 24,456.15 7,087,968.21 6,994,525.88 4.69 6,985,576.07 7,119,650.24 Security Type Sub-Total Federal Agency Bond / Note FEDERAL HOME LOAN BANK NOTES DTD 04/16/2020 0.500% 04/14/2025 332,520.30 349,553.63 374.31 348,264.00 04/16/2004/15/20AaaAA+ 350,000.00 3130AJHU6 0.60 Page 9 For the Month Ending December 31, 2023Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par Federal Agency Bond / Note FANNIE MAE NOTES DTD 04/24/2020 0.625% 04/22/2025 332,732.05 349,811.45 419.27 349,279.00 04/24/2004/22/20AaaAA+ 350,000.00 3135G03U5 0.67 FREDDIE MAC NOTES DTD 07/23/2020 0.375% 07/21/2025 399,351.68 424,342.07 708.33 422,883.50 07/23/2007/21/20AaaAA+ 425,000.00 3137EAEU9 0.48 FANNIE MAE NOTES DTD 08/27/2020 0.375% 08/25/2025 327,743.50 349,459.39 459.38 348,362.00 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 140,413.65 149,848.60 182.81 149,550.00 09/11/2009/10/20AaaAA+ 150,000.00 3130AK5E2 0.44 FREDDIE MAC NOTES DTD 09/25/2020 0.375% 09/23/2025 653,903.60 699,271.10 714.58 697,893.00 09/25/2009/23/20AaaAA+ 700,000.00 3137EAEX3 0.44 FANNIE MAE NOTES DTD 11/12/2020 0.500% 11/07/2025 606,037.25 649,136.16 487.50 647,673.00 11/12/2011/09/20AaaAA+ 650,000.00 3135G06G3 0.57 3,346.18 2,792,702.03 2,971,422.40 0.52 2,963,904.50 2,975,000.00 Security Type Sub-Total Corporate Note PNC BANK NA CORP NOTES (CALLABLE) DTD 01/23/2019 3.500% 01/23/2024 399,574.80 400,000.00 6,144.44 402,848.00 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 103,883.33 104,996.31 225.31 104,947.50 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 206,645.25 209,976.22 189.58 209,775.30 04/26/2104/19/21A1A 210,000.00 06406RAS6 0.54 MORGAN STANLEY CORP NOTES DTD 04/28/2014 3.875% 04/29/2024 397,572.00 401,565.44 2,669.44 422,916.00 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 394,030.80 399,804.78 106.67 398,016.00 07/15/1907/11/19A3A- 400,000.00 02665WCZ2 2.51 Page 10 For the Month Ending December 31, 2023Managed 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 GOLDMAN SACHS GROUP INC (CALLABLE) BONDS DTD 07/08/2014 3.850% 07/08/2024 396,079.60 401,053.63 7,400.56 418,632.00 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 68,080.18 69,998.71 202.71 69,993.70 08/12/2108/09/21A2A 70,000.00 05565EBU8 0.75 WALT DISNEY COMPANY/THE (CALLABLE) DTD 09/06/2019 1.750% 08/30/2024 390,472.00 399,783.00 2,352.78 398,368.00 09/06/1909/03/19A2A- 400,000.00 254687FK7 1.84 PACCAR FINANCIAL CORP CORPORATE NOTES DTD 02/06/2020 1.800% 02/06/2025 169,285.73 177,032.98 1,268.75 182,894.25 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 77,427.60 79,968.45 585.00 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 397,900.49 410,000.00 2,695.20 410,000.00 03/10/2203/03/22Aa2AA 410,000.00 771196BT8 2.13 HOME DEPOT INC (CALLABLE) CORPORATE NOTE DTD 03/28/2022 2.700% 04/15/2025 24,381.63 24,981.54 142.50 24,956.25 03/28/2203/24/22A2A 25,000.00 437076CM2 2.76 CINTAS CORPORATION NO. 2 CORP NOTE (CALL DTD 05/03/2022 3.450% 05/01/2025 63,830.39 64,993.65 373.75 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 220,595.85 224,666.13 1,265.63 224,264.25 05/26/2205/23/22Aa1AA 225,000.00 90327QD89 3.49 GENERAL DYNAMICS CORP (CALLABLE) CORP NO DTD 05/11/2018 3.500% 05/15/2025 220,957.65 232,443.47 1,006.25 252,247.50 10/20/2010/16/20A3A- 225,000.00 369550BG2 0.80 JPMORGAN CHASE & CO (CALLABLE) CORP NOTE DTD 06/01/2021 0.824% 06/01/2025 309,543.57 315,000.00 216.30 315,000.00 06/01/2105/24/21A1A- 315,000.00 46647PCH7 0.82 Page 11 For the Month Ending December 31, 2023Managed 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 INC CORP NOTES (CALLABLE) DTD 06/03/2020 0.800% 06/03/2025 450,045.88 474,933.77 295.56 474,767.25 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 245,772.50 250,000.00 534.72 250,000.00 06/09/2205/31/22Aa3AA- 250,000.00 63254ABD9 3.50 NATIONAL RURAL UTIL COOP CORPORATE NOTES DTD 05/04/2022 3.450% 06/15/2025 48,968.05 49,993.70 76.67 49,986.50 05/04/2204/27/22A2A- 50,000.00 63743HFE7 3.46 IBM CORP CORPORATE NOTES DTD 07/27/2022 4.000% 07/27/2025 222,493.28 225,000.00 3,850.00 225,000.00 07/27/2207/20/22A3A- 225,000.00 459200KS9 4.00 BANK OF AMERICA CORP NOTES DTD 07/30/2015 3.875% 08/01/2025 222,185.03 235,209.68 3,632.81 256,918.50 08/20/2008/18/20A1A- 225,000.00 06051GFS3 0.93 ABBOTT LABORATORIES CORPORATE NOTES (CAL DTD 03/22/2017 3.875% 09/15/2025 222,583.05 235,134.20 2,567.19 257,845.50 09/28/2009/24/20Aa3AA- 225,000.00 002824BM1 0.86 BANK OF AMERICA CORP NOTES (CALLABLE) DTD 12/06/2021 1.530% 12/06/2025 216,295.43 225,000.00 239.06 225,000.00 12/06/2112/01/21A1A- 225,000.00 06051GKE8 1.53 JPMORGAN CHASE & CO CORP NOTES (CALLABLE DTD 02/24/2022 2.595% 02/24/2026 169,541.93 175,000.00 1,602.05 175,000.00 02/24/2202/16/22A1A- 175,000.00 46647PCV6 2.60 UNITEDHEALTH GROUP INC (CALLABLE) CORPOR DTD 05/19/2021 1.150% 05/15/2026 208,299.60 224,814.13 330.63 224,608.50 05/19/2105/17/21A2A+ 225,000.00 91324PEC2 1.19 BMW US CAPITAL LLC (CALLABLE) CORPORATE DTD 08/12/2021 1.250% 08/12/2026 160,218.63 174,972.51 844.62 174,947.50 08/16/2108/12/21A2A 175,000.00 05565EBW4 1.26 CATERPILLAR FINL SERVICE CORPORATE NOTES DTD 01/10/2022 1.700% 01/08/2027 207,993.83 224,311.76 1,838.13 223,863.75 01/13/2201/11/22A2A 225,000.00 14913R2U0 1.81 Page 12 For the Month Ending December 31, 2023Managed 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 TARGET CORP CORP NOTES (CALLABLE) DTD 01/24/2022 1.950% 01/15/2027 37,327.28 39,958.46 359.67 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 441,818.88 474,351.92 4,192.53 473,945.50 01/28/2201/26/22A1A 475,000.00 06406RBA4 2.10 MICROSOFT CORP CORP NOTES (CALLABLE) DTD 02/06/2017 3.300% 02/06/2027 730,581.75 727,664.49 9,968.75 721,942.50 03/17/2303/14/23AaaAAA 750,000.00 594918BY9 4.36 AMERICAN EXPRESS CO CORP NOTES (CALLABLE DTD 03/04/2022 2.550% 03/04/2027 280,753.50 282,470.83 2,486.25 277,203.00 01/18/2301/13/23A2BBB+ 300,000.00 025816CS6 4.59 BERKSHIRE HATHAWAY CORP NOTES (CALLABLE) DTD 03/15/2022 2.300% 03/15/2027 447,941.15 469,288.95 3,216.81 466,089.00 03/17/2203/15/22Aa2AA 475,000.00 084664CZ2 2.70 CHARLES SCHWAB CORP NOTES (CALLABLE) DTD 09/24/2021 3.300% 04/01/2027 285,968.70 288,072.75 2,475.00 284,925.00 02/22/2302/17/23A2A- 300,000.00 808513BW4 4.66 NATIONAL AUSTRALIA BK/NY CORPORATE NOTES DTD 06/09/2022 3.905% 06/09/2027 489,165.50 490,859.56 1,193.19 488,325.00 01/18/2301/13/23Aa3AA- 500,000.00 63254ABE7 4.50 APPLE INC (CALLABLE) BONDS DTD 09/12/2017 2.900% 09/12/2027 742,405.83 747,938.40 6,804.93 741,062.75 01/23/2301/19/23AaaAA+ 775,000.00 037833DB3 3.94 TOYOTA MOTOR CREDIT CORP CORPORATE NOTES DTD 01/12/2023 4.625% 01/12/2028 379,230.38 376,050.55 8,141.93 376,282.50 02/10/2302/08/23A1A+ 375,000.00 89236TKQ7 4.55 NATIONAL RURAL UTIL COOP CORP NOTES (CAL DTD 02/07/2018 3.400% 02/07/2028 334,339.60 332,785.82 4,760.00 329,189.00 02/22/2302/17/23A1A- 350,000.00 637432NP6 4.76 TEXAS INSTRUMENTS INC CORP NOTE (CALLABL DTD 11/18/2022 4.600% 02/15/2028 86,368.59 86,769.83 1,477.11 87,043.40 05/18/2305/11/23Aa3A+ 85,000.00 882508BV5 4.04 Page 13 For the Month Ending December 31, 2023Managed 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 BRISTOL-MYERS SQUIBB CO CORP NOTES (CALL DTD 07/15/2020 3.900% 02/20/2028 368,560.88 360,989.77 5,321.88 358,263.75 03/13/2303/09/23A2A 375,000.00 110122DE5 4.93 LOCKHEED MARTIN CORP NOTES (CALLABLE) DTD 05/25/2023 4.450% 05/15/2028 60,281.76 59,905.14 341.17 59,892.00 05/25/2305/23/23A2A- 60,000.00 539830BZ1 4.49 JOHN DEERE CAPITAL CORP CORPORATE NOTES DTD 07/14/2023 4.950% 07/14/2028 384,516.00 377,612.58 8,610.94 377,865.00 07/25/2307/21/23A2A 375,000.00 24422EXB0 4.78 CITIBANK NA CORP NOTES (CALLABLE) DTD 09/29/2023 5.803% 09/29/2028 780,822.75 746,438.29 11,122.42 746,280.00 10/04/2310/02/23Aa3A+ 750,000.00 17325FBB3 5.92 113,128.89 12,064,740.63 12,271,791.40 3.13 12,345,941.55 12,365,000.00 Security Type Sub-Total Certificate of Deposit TORONTO DOMINION BANK NY CERT DEPOS DTD 10/31/2022 5.600% 10/27/2025 458,633.30 450,000.00 4,760.00 450,000.00 10/31/2210/27/22A1A 450,000.00 89115B6K1 5.58 NORDEA BANK ABP NEW YORK CERT DEPOS DTD 11/03/2022 5.530% 11/03/2025 446,945.85 450,000.00 4,009.25 450,000.00 11/03/2211/02/22Aa3AA- 450,000.00 65558UYF3 5.53 8,769.25 905,579.15 900,000.00 5.56 900,000.00 900,000.00 Security Type Sub-Total Asset-Backed Security HART 2021-A A3 DTD 04/28/2021 0.380% 09/15/2025 21,394.07 21,689.28 3.66 21,687.89 04/28/2104/20/21NRAAA 21,690.17 44933LAC7 0.38 NAROT 2021-A A3 DTD 06/23/2021 0.330% 10/15/2025 130,387.22 133,304.43 19.55 133,303.10 06/23/2106/15/21AaaAAA 133,305.37 65480BAC1 0.33 TAOT 2021-B A3 DTD 06/14/2021 0.260% 11/17/2025 129,378.38 132,369.78 15.30 132,361.56 06/14/2106/08/21NRAAA 132,375.83 89190GAC1 0.26 Page 14 For the Month Ending December 31, 2023Managed 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 HAROT 2021-4 A3 DTD 11/24/2021 0.880% 01/21/2026 67,579.09 69,647.95 17.03 69,640.53 11/24/2111/16/21AaaNR 69,655.21 43815GAC3 0.89 CARMX 2021-2 A3 DTD 04/21/2021 0.520% 02/17/2026 43,051.23 44,023.22 10.18 44,017.91 04/21/2104/13/21NRAAA 44,027.41 14314QAC8 0.52 HART 2021-C A3 DTD 11/17/2021 0.740% 05/15/2026 53,766.56 55,234.63 18.17 55,228.80 11/17/2111/09/21NRAAA 55,241.14 44935FAD6 0.75 DCENT 2021-A1 A1 DTD 09/27/2021 0.580% 09/15/2026 188,543.45 194,977.26 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 59,216.83 61,236.11 17.35 61,235.41 10/21/2110/13/21AaaAAA 61,236.98 362554AC1 0.68 CARMX 2022-3 A3 DTD 07/20/2022 3.970% 04/15/2027 207,139.07 209,996.56 370.53 209,995.04 07/20/2207/12/22NRAAA 210,000.00 14318MAD1 3.97 NAROT 2022-B A3 DTD 09/28/2022 4.460% 05/17/2027 139,020.59 139,978.91 277.51 139,971.03 09/28/2209/20/22AaaAAA 140,000.00 65480JAC4 4.46 GMCAR 2022-4 A3 DTD 10/12/2022 4.820% 08/16/2027 273,901.27 274,966.29 552.29 274,954.93 10/12/2210/04/22NRAAA 275,000.00 36265QAD8 4.82 TAOT 2023-A A3 DTD 01/30/2023 4.630% 09/15/2027 243,659.48 244,999.90 504.16 244,999.88 01/30/2301/24/23NRAAA 245,000.00 891940AC2 4.63 COMET 2022-A3 A DTD 11/03/2022 4.950% 10/15/2027 246,024.61 244,970.58 539.00 244,961.56 11/03/2210/27/22NRAAA 245,000.00 14041NGB1 4.95 HDMOT 2023-A A3 DTD 02/23/2023 5.050% 12/15/2027 169,586.32 169,985.92 381.56 169,982.88 02/23/2302/13/23AaaNR 170,000.00 41285JAD0 5.05 FORDO 2023-A A3 DTD 03/31/2023 4.650% 02/15/2028 129,403.27 129,988.54 268.67 129,986.44 03/31/2303/28/23NRAAA 130,000.00 344928AD8 4.65 HAROT 2023-3 A3 DTD 08/22/2023 5.410% 02/18/2028 324,447.46 319,939.33 625.16 319,934.02 08/22/2308/15/23NRAAA 320,000.00 43815QAC1 5.42 DCENT 2023-A1 A DTD 04/11/2023 4.310% 03/15/2028 317,760.99 319,984.17 612.98 319,981.44 04/11/2304/04/23AaaNR 320,000.00 254683CY9 4.31 Page 15 For the Month Ending December 31, 2023Managed 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 BACCT 2023-A1 A1 DTD 06/16/2023 4.790% 05/15/2028 170,556.34 169,965.78 361.91 169,961.51 06/16/2306/08/23NRAAA 170,000.00 05522RDG0 4.79 AMXCA 2023-1 A DTD 06/14/2023 4.870% 05/15/2028 191,464.35 189,985.03 411.24 189,983.15 06/14/2306/07/23NRAAA 190,000.00 02582JJZ4 4.87 COMET 2023-A1 A DTD 05/24/2023 4.420% 05/15/2028 487,976.84 489,901.36 962.58 489,887.64 05/24/2305/17/23NRAAA 490,000.00 14041NGD7 4.43 DCENT 2023-A2 A DTD 06/28/2023 4.930% 06/15/2028 352,800.39 349,957.59 766.89 349,952.72 06/28/2306/21/23AaaAAA 350,000.00 254683CZ6 4.93 HAROT 2023-4 A3 DTD 11/08/2023 5.670% 06/21/2028 86,794.19 84,985.45 133.88 84,985.03 11/08/2311/01/23AaaNR 85,000.00 438123AC5 5.67 FITAT 2023-1 A3 DTD 08/23/2023 5.530% 08/15/2028 353,832.05 349,979.86 860.22 349,978.30 08/23/2308/15/23AaaAAA 350,000.00 31680EAD3 5.53 CHAIT 2023-A1 A DTD 09/15/2023 5.160% 09/15/2028 411,241.05 404,893.60 928.80 404,887.73 09/15/2309/07/23NRAAA 405,000.00 161571HT4 5.17 AMXCA 2023-3 A DTD 09/19/2023 5.230% 09/15/2028 417,045.97 409,982.59 953.02 409,981.67 09/19/2309/12/23NRAAA 410,000.00 02582JKD1 5.23 BACCT 2023-A2 A2 DTD 12/14/2023 4.980% 11/15/2028 181,861.99 179,976.04 423.30 179,975.83 12/14/2312/07/23AaaNR 180,000.00 05522RDH8 4.98 10,085.21 5,397,833.06 5,396,920.16 4.33 5,396,794.25 5,397,532.11 Security Type Sub-Total 53,602,182.35 52,070,233.46 3.49 253,286.16 52,381,236.70 51,767,158.04 Managed Account Sub-Total Joint Powers Authority CAMP Pool 116,772.96 116,772.96 0.00 116,772.96 NRAAAm 116,772.96 116,772.96 116,772.96 0.00 116,772.96 116,772.96 Liquid Sub-Total Page 16 For the Month Ending December 31, 2023Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS $53,718,955.31 $52,187,006.42 $253,286.16 $52,498,009.66 $51,883,931.00 3.49% $52,137,217.16 $253,286.16 Total Investments Accrued Interest Securities Sub-Total Page 17 For the Month Ending December 31, 2023Managed 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 (2,258.21)(4,917.97) 48,523.44 97.05 WELLS_F 50,000.00 912828YY0US TREASURY NOTES DTD 12/31/2019 1.750% 12/31/2024 4.81 0.99 (8,114.88)(6,234.37) 140,859.38 93.91 GOLDMAN 150,000.00 912828ZW3US TREASURY NOTES DTD 06/30/2020 0.250% 06/30/2025 4.50 1.50 (3,653.20)(2,071.30) 69,386.71 92.52 BMO 75,000.00 91282CBW0US TREASURY NOTES DTD 04/30/2021 0.750% 04/30/2026 4.15 2.32 (47,809.00)(39,113.31) 716,996.06 92.52 CITIGRP 775,000.00 91282CBW0US TREASURY NOTES DTD 04/30/2021 0.750% 04/30/2026 4.15 2.32 (2,925.81) 4,179.69 183,187.50 91.59 BMO 200,000.00 91282CCP4US TREASURY NOTES DTD 07/31/2021 0.625% 07/31/2026 4.09 2.57 (6,563.10) 2,734.38 228,984.38 91.59 HSBC 250,000.00 91282CCP4US TREASURY NOTES DTD 07/31/2021 0.625% 07/31/2026 4.09 2.57 (24,557.90)(3,515.63) 686,953.12 91.59 BMO 750,000.00 91282CCP4US TREASURY NOTES DTD 07/31/2021 0.625% 07/31/2026 4.09 2.57 (24,303.78) 406.25 732,750.00 91.59 HSBC 800,000.00 91282CCP4US TREASURY NOTES DTD 07/31/2021 0.625% 07/31/2026 4.09 2.57 (25,346.96) 5,308.59 824,343.75 91.59 MERRILL 900,000.00 91282CCP4US TREASURY NOTES DTD 07/31/2021 0.625% 07/31/2026 4.09 2.57 (23,255.06) 4,781.25 824,343.75 91.59 BMO 900,000.00 91282CCP4US TREASURY NOTES DTD 07/31/2021 0.625% 07/31/2026 4.09 2.57 1,981.24 8,261.72 236,406.25 94.56 BMO 250,000.00 912828U24US TREASURY NOTES DTD 11/15/2016 2.000% 11/15/2026 4.02 2.80 (2,458.71) 14,891.61 921,984.38 94.56 BMO 975,000.00 912828U24US TREASURY NOTES DTD 11/15/2016 2.000% 11/15/2026 4.02 2.80 (7,805.06) 31,746.09 1,985,812.50 94.56 HSBC 2,100,000.00 912828U24US TREASURY NOTES DTD 11/15/2016 2.000% 11/15/2026 4.02 2.80 (83,289.58) 60,859.37 8,983,437.50 94.56 JPM_CHA 9,500,000.00 912828U24US TREASURY NOTES DTD 11/15/2016 2.000% 11/15/2026 4.02 2.80 (10,363.74)(796.88) 1,154,625.00 96.22 BNP_PAR 1,200,000.00 91282CEN7US TREASURY NOTES DTD 04/30/2022 2.750% 04/30/2027 3.97 3.20 (4,243.19)(2,270.52) 360,058.58 96.02 MORGAN_ 375,000.00 91282CFB2US TREASURY NOTES DTD 07/31/2022 2.750% 07/31/2027 3.95 3.40 6,334.59 10,453.09 576,093.72 96.02 CITIGRP 600,000.00 91282CFB2US TREASURY NOTES DTD 07/31/2022 2.750% 07/31/2027 3.95 3.40 Page 18 For the Month Ending December 31, 2023Managed 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 11,584.95 21,593.71 768,124.96 96.02 BMO 800,000.00 91282CFB2US TREASURY NOTES DTD 07/31/2022 2.750% 07/31/2027 3.95 3.40 80.35 5,349.56 792,128.86 96.02 HSBC 825,000.00 91282CFB2US TREASURY NOTES DTD 07/31/2022 2.750% 07/31/2027 3.95 3.40 13,533.39 13,828.06 1,197,937.44 99.83 HSBC 1,200,000.00 91282CFZ9US TREASURY NOTES DTD 11/30/2022 3.875% 11/30/2027 3.92 3.66 125,473.39 4.02 (243,433.66) 21,432,937.28 22,675,000.00 Security Type Sub-Total 2.87 Supra-National Agency Bond / Note (20,304.37)(19,948.52) 614,581.58 96.78 JPM_CHA 635,000.00 4581X0DZ8INTER-AMERICAN DEVEL BK NOTES DTD 09/23/2021 0.500% 09/23/2024 5.04 0.73 (19,948.52) 5.04 (20,304.37) 614,581.58 635,000.00 Security Type Sub-Total 0.73 Municipal Bond / Note (1,001.40)(1,001.40) 58,998.60 98.33 SIEBERT 60,000.00 20772KJW0CT ST TXBL GO BONDS DTD 06/11/2020 1.998% 07/01/2024 5.41 0.50 (1,758.00)(1,758.00) 98,242.00 98.24 RBC 100,000.00 157411TK5CHAFFEY UHSD, CA TXBL GO BONDS DTD 12/05/2019 2.101% 08/01/2024 5.18 0.58 (16,623.75)(16,623.75) 308,376.25 94.89 WELLS_F 325,000.00 650036DT0NY ST URBAN DEV CORP TXBL REV BONDS DTD 12/23/2020 0.870% 03/15/2025 5.29 1.20 (4,320.55)(4,320.55) 80,679.45 94.92 04/15/25JPM_CHA 85,000.00 91412HGE7UNIV OF CAL TXBL REV BONDS DTD 07/16/2020 0.883% 05/15/2025 4.74 1.29 (3,416.47)(3,732.30) 61,727.25 94.97 MERRILL 65,000.00 341271AD6FL ST BOARD OF ADMIN TXBL REV BONDS DTD 09/16/2020 1.258% 07/01/2025 4.77 1.49 (4,456.00)(4,843.30) 80,720.25 94.97 MERRILL 85,000.00 341271AD6FL ST BOARD OF ADMIN TXBL REV BONDS DTD 09/16/2020 1.258% 07/01/2025 4.77 1.49 (8,056.00)(8,056.00) 151,944.00 94.97 MERRILL 160,000.00 341271AD6FL ST BOARD OF ADMIN TXBL REV BONDS DTD 09/16/2020 1.258% 07/01/2025 4.77 1.49 (5,995.00)(5,995.00) 94,005.00 94.01 MORGAN_ 100,000.00 60412AVJ9MN ST TXBL GO BONDS DTD 08/25/2020 0.630% 08/01/2025 4.59 1.58 (7,361.90)(7,361.90) 122,638.10 94.34 KEYBANC 130,000.00 798306WP7SAN JUAN USD, CA TXBL GO BONDS DTD 10/29/2020 0.852% 08/01/2025 4.59 1.58 Page 19 For the Month Ending December 31, 2023Managed 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 (8,415.40)(8,415.40) 131,584.60 93.99 MERRILL 140,000.00 54438CYK2LOS ANGELES CCD, CA TXBL GO BONDS DTD 11/10/2020 0.773% 08/01/2025 4.75 1.58 (5,647.40)(5,647.40) 79,352.60 93.36 JPM_CHA 85,000.00 13077DQD7CA ST UNIV TXBL REV BONDS DTD 07/29/2021 0.862% 11/01/2025 4.68 1.83 2,548.00 2,548.00 202,548.00 101.27 WELLS_F 200,000.00 13063D3N6CA ST MUNICIPAL BONDS DTD 03/15/2023 4.846% 03/01/2027 4.41 2.94 (65,207.00) 4.85 (64,503.87) 1,470,816.10 1,535,000.00 Security Type Sub-Total 1.56 Federal Agency Commercial Mortgage-Backed Security (7,320.71)(17,137.18) 241,470.71 98.00 CITIGRP 246,403.24 3137BGK24FHMS K043 A2 DTD 03/01/2015 3.062% 12/01/2024 5.30 0.88 (1,457.83) 1,546.52 265,159.80 96.42 BAIRD 275,000.00 3137BNGT5FHMS K054 A2 DTD 04/20/2016 2.745% 01/01/2026 4.62 1.84 (6,804.07)(1,738.38) 525,101.46 95.47 BREAN 550,000.00 3137BSP72FHMS K058 A2 DTD 11/09/2016 2.653% 08/01/2026 4.51 2.45 (1,441.92) 620.79 368,373.42 97.09 CITIGRP 379,432.02 3137BTUM1FHMS K061 A2 DTD 01/30/2017 3.347% 11/01/2026 4.44 2.55 9,245.12 12,531.38 531,336.07 96.61 MORGAN_ 550,000.00 3137BXQY1FHMS K064 A2 DTD 05/15/2017 3.224% 03/01/2027 4.37 2.85 476.88 3,819.31 530,852.51 96.52 CITIGRP 550,000.00 3137F1G44FHLMC MULTIFAMILY STRUCTURED P DTD 07/01/2017 3.243% 04/01/2027 4.39 2.99 5,355.36 5,355.39 405,352.19 101.34 JPM_CHA 400,000.00 3137HBC69FHMS KJ48 A1 DTD 12/01/2023 4.858% 05/01/2028 4.52 3.91 1,927.52 1,928.50 440,732.53 100.44 JPM_CHA 438,814.98 3137HAD45FHMS KJ46 A1 DTD 07/01/2023 4.777% 06/01/2028 4.67 3.10 4,035.82 3,526.03 559,019.43 101.64 JPM_CHA 550,000.00 3137HACX2FHMS K505 A2 DTD 07/01/2023 4.819% 06/01/2028 4.41 3.86 4,657.29 5,456.36 546,132.14 99.30 JPM_CHA 550,000.00 3136BQDE6FNA 2023-M6 A2 DTD 07/01/2023 4.190% 07/01/2028 4.36 4.02 18,113.18 18,521.87 507,553.87 101.51 BMO 500,000.00 3137HAQ74FHMS K508 A2 DTD 10/01/2023 4.740% 08/01/2028 4.38 4.02 20,441.45 21,082.83 809,248.43 101.16 WELLS_F 800,000.00 3137HAMH6FHMS K506 A2 DTD 09/01/2023 4.650% 08/01/2028 4.37 4.00 Page 20 For the Month Ending December 31, 2023Managed 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 Commercial Mortgage-Backed Security 19,115.91 19,482.28 382,526.16 102.01 MORGAN_ 375,000.00 3137HAST4FHMS K509 A2 DTD 10/01/2023 4.850% 09/01/2028 4.37 4.09 14,884.65 15,162.48 509,185.98 101.84 MERRILL 500,000.00 3137HAMS2FHMS K507 A2 DTD 09/01/2023 4.800% 09/01/2028 4.36 4.05 5,607.09 5,617.59 185,097.21 102.83 JPM_CHA 180,000.00 3137HB3D4FHMS K510 A2 DTD 11/01/2023 5.069% 10/01/2028 4.41 4.10 6,606.59 6,616.37 280,826.30 102.12 MERRILL 275,000.00 3137HB3G7FHMS K511 A2 DTD 12/01/2023 4.860% 10/01/2028 4.37 4.15 102,392.14 4.46 93,442.33 7,087,968.21 7,119,650.24 Security Type Sub-Total 3.41 Federal Agency Bond / Note (17,033.33)(15,743.70) 332,520.30 95.01 CITIGRP 350,000.00 3130AJHU6FEDERAL HOME LOAN BANK NOTES DTD 04/16/2020 0.500% 04/14/2025 4.53 1.29 (17,079.40)(16,546.95) 332,732.05 95.07 CITIGRP 350,000.00 3135G03U5FANNIE MAE NOTES DTD 04/24/2020 0.625% 04/22/2025 4.54 1.31 (24,990.39)(23,531.82) 399,351.68 93.97 WELLS_F 425,000.00 3137EAEU9FREDDIE MAC NOTES DTD 07/23/2020 0.375% 07/21/2025 4.43 1.56 (21,715.89)(20,618.50) 327,743.50 93.64 BARCLAY 350,000.00 3135G05X7FANNIE MAE NOTES DTD 08/27/2020 0.375% 08/25/2025 4.41 1.65 (9,434.95)(9,136.35) 140,413.65 93.61 WELLS_F 150,000.00 3130AK5E2FEDERAL HOME LOAN BANK NOTES DTD 09/11/2020 0.375% 09/04/2025 4.37 1.67 (45,367.50)(43,989.40) 653,903.60 93.41 CITIGRP 700,000.00 3137EAEX3FREDDIE MAC NOTES DTD 09/25/2020 0.375% 09/23/2025 4.37 1.73 (43,098.91)(41,635.75) 606,037.25 93.24 BARCLAY 650,000.00 3135G06G3FANNIE MAE NOTES DTD 11/12/2020 0.500% 11/07/2025 4.34 1.85 (171,202.47) 4.42 (178,720.37) 2,792,702.03 2,975,000.00 Security Type Sub-Total 1.62 Corporate Note (425.20)(3,273.20) 399,574.80 99.89 CITIGRP 400,000.00 693475AV7PNC BANK NA CORP NOTES (CALLABLE) DTD 01/23/2019 3.500% 01/23/2024 5.09 0.07 Page 21 For the Month Ending December 31, 2023Managed 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 (1,112.98)(1,064.17) 103,883.33 98.94 02/18/24CSFB 105,000.00 808513BN4CHARLES SCHWAB CORP NOTES (CALLABLE) DTD 03/18/2021 0.750% 03/18/2024 5.71 0.14 (3,330.97)(3,130.05) 206,645.25 98.40 03/26/24JPM_CHA 210,000.00 06406RAS6BANK OF NY MELLON CORP NOTES (CALLABLE) DTD 04/26/2021 0.500% 04/26/2024 5.54 0.25 (3,993.44)(25,344.00) 397,572.00 99.39 WELLS_FA 400,000.00 61746BDQ6MORGAN STANLEY CORP NOTES DTD 04/28/2014 3.875% 04/29/2024 5.71 0.34 (5,773.98)(3,985.20) 394,030.80 98.51 WELLS_FA 400,000.00 02665WCZ2AMERICAN HONDA FINANCE CORP NOTE DTD 06/27/2019 2.400% 06/27/2024 5.52 0.49 (4,974.03)(22,552.40) 396,079.60 99.02 04/08/24SUSQ 400,000.00 38141EC23GOLDMAN SACHS GROUP INC (CALLABLE) BONDS DTD 07/08/2014 3.850% 07/08/2024 5.78 0.27 (1,918.53)(1,913.52) 68,080.18 97.26 GOLDMAN 70,000.00 05565EBU8BMW US CAPITAL LLC CORPORATE NOTES DTD 08/12/2021 0.750% 08/12/2024 5.33 0.62 (9,311.00)(7,896.00) 390,472.00 97.62 07/30/24JPM_CHAS 400,000.00 254687FK7WALT DISNEY COMPANY/THE (CALLABLE) DTD 09/06/2019 1.750% 08/30/2024 5.43 0.58 (7,747.25)(13,608.52) 169,285.73 96.73 MERRILL 175,000.00 69371RQ66PACCAR FINANCIAL CORP CORPORATE NOTES DTD 02/06/2020 1.800% 02/06/2025 4.88 1.09 (2,540.85)(2,491.60) 77,427.60 96.78 02/01/25BARCLAY 80,000.00 025816CQ0AMERICAN EXPRESS CO CORP NOTES (CALLABLE DTD 03/04/2022 2.250% 03/04/2025 5.09 1.07 (12,099.51)(12,099.51) 397,900.49 97.05 02/10/25DEUTSCH 410,000.00 771196BT8ROCHE HOLDINGS INC (CALLABLE) CORPORATE DTD 03/10/2022 2.132% 03/10/2025 4.70 1.10 (599.91)(574.62) 24,381.63 97.53 03/15/25MORGAN_ 25,000.00 437076CM2HOME DEPOT INC (CALLABLE) CORPORATE NOTE DTD 03/28/2022 2.700% 04/15/2025 4.69 1.19 (1,163.26)(1,155.31) 63,830.39 98.20 04/01/25KEYBANC 65,000.00 17252MAP5CINTAS CORPORATION NO. 2 CORP NOTE (CALL DTD 05/03/2022 3.450% 05/01/2025 4.85 1.23 (4,070.28)(3,668.40) 220,595.85 98.04 MERRILL 225,000.00 90327QD89USAA CAPITAL CORP CORPORATE NOTES DTD 05/26/2022 3.375% 05/01/2025 4.90 1.31 Page 22 For the Month Ending December 31, 2023Managed 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 (11,485.82)(31,289.85) 220,957.65 98.20 03/15/25JPM_CHA 225,000.00 369550BG2GENERAL DYNAMICS CORP (CALLABLE) CORP NO DTD 05/11/2018 3.500% 05/15/2025 4.86 1.19 (5,456.43)(5,456.43) 309,543.57 98.27 06/01/24JPM_CHA 315,000.00 46647PCH7JPMORGAN CHASE & CO (CALLABLE) CORP NOTE DTD 06/01/2021 0.824% 06/01/2025 2.07 0.42 (24,887.89)(24,721.37) 450,045.88 94.75 05/03/25GOLDMAN 475,000.00 023135BQ8AMAZON INC CORP NOTES (CALLABLE) DTD 06/03/2020 0.800% 06/03/2025 4.65 1.34 (4,227.50)(4,227.50) 245,772.50 98.31 CITIGRP 250,000.00 63254ABD9NATIONAL AUSTRALIA BK/NY CORPORATE NOTES DTD 06/09/2022 3.500% 06/09/2025 4.73 1.42 (1,025.65)(1,018.45) 48,968.05 97.94 RBC 50,000.00 63743HFE7NATIONAL RURAL UTIL COOP CORPORATE NOTES DTD 05/04/2022 3.450% 06/15/2025 4.93 1.44 (2,506.72)(2,506.72) 222,493.28 98.89 JPM_CHA 225,000.00 459200KS9IBM CORP CORPORATE NOTES DTD 07/27/2022 4.000% 07/27/2025 4.74 1.52 (13,024.65)(34,733.47) 222,185.03 98.75 MERRILL 225,000.00 06051GFS3BANK OF AMERICA CORP NOTES DTD 07/30/2015 3.875% 08/01/2025 4.70 1.53 (12,551.15)(35,262.45) 222,583.05 98.93 06/15/25US_BANC 225,000.00 002824BM1ABBOTT LABORATORIES CORPORATE NOTES (CAL DTD 03/22/2017 3.875% 09/15/2025 4.53 1.42 (8,704.57)(8,704.57) 216,295.43 96.13 12/06/24MERRILL 225,000.00 06051GKE8BANK OF AMERICA CORP NOTES (CALLABLE) DTD 12/06/2021 1.530% 12/06/2025 3.62 0.93 (5,458.07)(5,458.07) 169,541.93 96.88 02/24/25JPM_CHA 175,000.00 46647PCV6JPMORGAN CHASE & CO CORP NOTES (CALLABLE DTD 02/24/2022 2.595% 02/24/2026 4.12 1.13 (16,514.53)(16,308.90) 208,299.60 92.58 04/15/26CITIGRP 225,000.00 91324PEC2UNITEDHEALTH GROUP INC (CALLABLE) CORPOR DTD 05/19/2021 1.150% 05/15/2026 4.48 2.27 (14,753.88)(14,728.87) 160,218.63 91.55 07/12/26MITSU 175,000.00 05565EBW4BMW US CAPITAL LLC (CALLABLE) CORPORATE DTD 08/12/2021 1.250% 08/12/2026 4.72 2.49 Page 23 For the Month Ending December 31, 2023Managed 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 (16,317.93)(15,869.92) 207,993.83 92.44 JPM_CHA 225,000.00 14913R2U0CATERPILLAR FINL SERVICE CORPORATE NOTES DTD 01/10/2022 1.700% 01/08/2027 4.40 2.93 (2,631.18)(2,604.72) 37,327.28 93.32 12/15/26CITIGRP 40,000.00 87612EBM7TARGET CORP CORP NOTES (CALLABLE) DTD 01/24/2022 1.950% 01/15/2027 4.32 2.86 (32,533.04)(32,126.62) 441,818.88 93.01 12/26/26DEUTSCH 475,000.00 06406RBA4BANK OF NY MELLON CORP (CALLABLE) CORPOR DTD 01/26/2022 2.050% 01/26/2027 4.51 2.89 2,917.26 8,639.25 730,581.75 97.41 11/06/26GOLDMAN 750,000.00 594918BY9MICROSOFT CORP CORP NOTES (CALLABLE) DTD 02/06/2017 3.300% 02/06/2027 4.20 2.71 (1,717.33) 3,550.50 280,753.50 93.58 02/01/27RBS 300,000.00 025816CS6AMERICAN EXPRESS CO CORP NOTES (CALLABLE DTD 03/04/2022 2.550% 03/04/2027 4.75 2.96 (21,347.80)(18,147.85) 447,941.15 94.30 02/15/27SEEL 475,000.00 084664CZ2BERKSHIRE HATHAWAY CORP NOTES (CALLABLE) DTD 03/15/2022 2.300% 03/15/2027 4.22 3.01 (2,104.05) 1,043.70 285,968.70 95.32 01/01/27BARCLAY 300,000.00 808513BW4CHARLES SCHWAB CORP NOTES (CALLABLE) DTD 09/24/2021 3.300% 04/01/2027 4.87 2.86 (1,694.06) 840.50 489,165.50 97.83 CBAA 500,000.00 63254ABE7NATIONAL AUSTRALIA BK/NY CORPORATE NOTES DTD 06/09/2022 3.905% 06/09/2027 4.59 3.25 (5,532.57) 1,343.08 742,405.83 95.79 06/12/27TD 775,000.00 037833DB3APPLE INC (CALLABLE) BONDS DTD 09/12/2017 2.900% 09/12/2027 4.14 3.28 3,179.83 2,947.88 379,230.38 101.13 WELLS_F 375,000.00 89236TKQ7TOYOTA MOTOR CREDIT CORP CORPORATE NOTES DTD 01/12/2023 4.625% 01/12/2028 4.32 3.65 1,553.78 5,150.60 334,339.60 95.53 11/07/27MORGAN_ 350,000.00 637432NP6NATIONAL RURAL UTIL COOP CORP NOTES (CAL DTD 02/07/2018 3.400% 02/07/2028 4.61 3.59 (401.24)(674.81) 86,368.59 101.61 01/15/28JPM_CHA 85,000.00 882508BV5TEXAS INSTRUMENTS INC CORP NOTE (CALLABL DTD 11/18/2022 4.600% 02/15/2028 4.17 3.68 Page 24 For the Month Ending December 31, 2023Managed 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 7,571.11 10,297.13 368,560.88 98.28 11/20/27MKTX 375,000.00 110122DE5BRISTOL-MYERS SQUIBB CO CORP NOTES (CALL DTD 07/15/2020 3.900% 02/20/2028 4.36 3.59 376.62 389.76 60,281.76 100.47 04/15/28BARCLAY 60,000.00 539830BZ1LOCKHEED MARTIN CORP NOTES (CALLABLE) DTD 05/25/2023 4.450% 05/15/2028 4.33 3.94 6,903.42 6,651.00 384,516.00 102.54 CITIGRP 375,000.00 24422EXB0JOHN DEERE CAPITAL CORP CORPORATE NOTES DTD 07/14/2023 4.950% 07/14/2028 4.33 4.04 34,384.46 34,542.75 780,822.75 104.11 08/29/28BARCLAY 750,000.00 17325FBB3CITIBANK NA CORP NOTES (CALLABLE) DTD 09/29/2023 5.803% 09/29/2028 4.82 4.11 (281,200.92) 4.64 (207,050.77) 12,064,740.63 12,365,000.00 Security Type Sub-Total 2.14 Certificate of Deposit 8,633.30 8,633.30 458,633.30 101.92 TD 450,000.00 89115B6K1TORONTO DOMINION BANK NY CERT DEPOS DTD 10/31/2022 5.600% 10/27/2025 4.43 1.79 (3,054.15)(3,054.15) 446,945.85 99.32 WELLS_F 450,000.00 65558UYF3NORDEA BANK ABP NEW YORK CERT DEPOS DTD 11/03/2022 5.530% 11/03/2025 5.92 1.76 5,579.15 5.17 5,579.15 905,579.15 900,000.00 Security Type Sub-Total 1.78 Asset-Backed Security (295.21)(293.82) 21,394.07 98.63 BARCLAY 21,690.17 44933LAC7HART 2021-A A3 DTD 04/28/2021 0.380% 09/15/2025 1.19 0.25 (2,917.21)(2,915.88) 130,387.22 97.81 MITSU 133,305.37 65480BAC1NAROT 2021-A A3 DTD 06/23/2021 0.330% 10/15/2025 1.57 0.39 (2,991.40)(2,983.18) 129,378.38 97.74 CITIGRP 132,375.83 89190GAC1TAOT 2021-B A3 DTD 06/14/2021 0.260% 11/17/2025 1.48 0.36 (2,068.86)(2,061.44) 67,579.09 97.02 MERRILL 69,655.21 43815GAC3HAROT 2021-4 A3 DTD 11/24/2021 0.880% 01/21/2026 2.36 0.60 Page 25 For the Month Ending December 31, 2023Managed 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 (971.99)(966.68) 43,051.23 97.78 MERRILL 44,027.41 14314QAC8CARMX 2021-2 A3 DTD 04/21/2021 0.520% 02/17/2026 1.58 0.37 (1,468.07)(1,462.24) 53,766.56 97.33 SMBC 55,241.14 44935FAD6HART 2021-C A3 DTD 11/17/2021 0.740% 05/15/2026 1.89 0.52 (6,433.81)(6,414.80) 188,543.45 96.69 CITIGRP 195,000.00 254683CP8DCENT 2021-A1 A1 DTD 09/27/2021 0.580% 09/15/2026 1.83 0.68 (2,019.28)(2,018.58) 59,216.83 96.70 JPM_CHA 61,236.98 362554AC1GMCAR 2021-4 A3 DTD 10/21/2021 0.680% 09/16/2026 1.93 0.63 (2,857.49)(2,855.97) 207,139.07 98.64 RBC 210,000.00 14318MAD1CARMX 2022-3 A3 DTD 07/20/2022 3.970% 04/15/2027 4.42 1.02 (958.32)(950.44) 139,020.59 99.30 WELLS_F 140,000.00 65480JAC4NAROT 2022-B A3 DTD 09/28/2022 4.460% 05/17/2027 4.68 1.31 (1,065.02)(1,053.66) 273,901.27 99.60 RBC 275,000.00 36265QAD8GMCAR 2022-4 A3 DTD 10/12/2022 4.820% 08/16/2027 4.94 1.22 (1,340.42)(1,340.40) 243,659.48 99.45 MERRILL 245,000.00 891940AC2TAOT 2023-A A3 DTD 01/30/2023 4.630% 09/15/2027 4.79 1.43 1,054.03 1,063.05 246,024.61 100.42 RBC 245,000.00 14041NGB1COMET 2022-A3 A DTD 11/03/2022 4.950% 10/15/2027 4.83 1.66 (399.60)(396.56) 169,586.32 99.76 JPM_CHA 170,000.00 41285JAD0HDMOT 2023-A A3 DTD 02/23/2023 5.050% 12/15/2027 5.12 1.50 (585.27)(583.17) 129,403.27 99.54 BNP_PAR 130,000.00 344928AD8FORDO 2023-A A3 DTD 03/31/2023 4.650% 02/15/2028 4.77 1.65 4,508.13 4,513.44 324,447.46 101.39 MERRILL 320,000.00 43815QAC1HAROT 2023-3 A3 DTD 08/22/2023 5.410% 02/18/2028 5.04 1.87 (2,223.18)(2,220.45) 317,760.99 99.30 RBC 320,000.00 254683CY9DCENT 2023-A1 A DTD 04/11/2023 4.310% 03/15/2028 4.49 2.04 590.56 594.83 170,556.34 100.33 MERRILL 170,000.00 05522RDG0BACCT 2023-A1 A1 DTD 06/16/2023 4.790% 05/15/2028 4.71 2.18 1,479.32 1,481.20 191,464.35 100.77 RBC 190,000.00 02582JJZ4AMXCA 2023-1 A DTD 06/14/2023 4.870% 05/15/2028 4.67 2.18 (1,924.52)(1,910.80) 487,976.84 99.59 RBC 490,000.00 14041NGD7COMET 2023-A1 A DTD 05/24/2023 4.420% 05/15/2028 4.52 2.19 2,842.80 2,847.67 352,800.39 100.80 MERRILL 350,000.00 254683CZ6DCENT 2023-A2 A DTD 06/28/2023 4.930% 06/15/2028 4.73 2.25 Page 26 For the Month Ending December 31, 2023Managed 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 1,808.74 1,809.16 86,794.19 102.11 JPM_CHA 85,000.00 438123AC5HAROT 2023-4 A3 DTD 11/08/2023 5.670% 06/21/2028 5.14 2.15 3,852.19 3,853.75 353,832.05 101.09 JPM_CHA 350,000.00 31680EAD3FITAT 2023-1 A3 DTD 08/23/2023 5.530% 08/15/2028 5.26 1.93 6,347.45 6,353.32 411,241.05 101.54 JPM_CHA 405,000.00 161571HT4CHAIT 2023-A1 A DTD 09/15/2023 5.160% 09/15/2028 4.79 2.46 7,063.38 7,064.30 417,045.97 101.72 CITIGRP 410,000.00 02582JKD1AMXCA 2023-3 A DTD 09/19/2023 5.230% 09/15/2028 4.82 2.46 1,885.95 1,886.16 181,861.99 101.03 MERRILL 180,000.00 05522RDH8BACCT 2023-A2 A2 DTD 12/14/2023 4.980% 11/15/2028 4.74 4.33 1,038.81 4.40 912.90 5,397,833.06 5,397,532.11 Security Type Sub-Total 1.83 53,602,182.35 51,767,158.04 (303,075.42) (614,078.66) 4.34 Managed Account Sub-Total 2.52 Joint Powers Authority 0.00 0.00 116,772.96 1.00 116,772.96 CAMP Pool 0.00 116,772.96 116,772.96 0.00 0.00 Liquid Sub-Total 0.00 Total Investments $52,137,217.16 $253,286.16 $51,883,931.00 Accrued Interest Securities Sub-Total $53,718,955.31 ($303,075.42) ($614,078.66) 4.34% 2.52 Page 27 For the Month Ending December 31, 2023Managed 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 12/07/23 FHMS K511 A2 DTD 12/01/2023 4.860% 10/01/2028 3137HB3G7 (274,209.93)(222.75)(274,432.68) 275,000.00 11/28/23 12/05/23 US TREASURY NOTES DTD 11/30/2022 3.875% 11/30/2027 91282CFZ9 (1,184,109.38)(635.25)(1,184,744.63) 1,200,000.00 12/01/23 12/14/23 FHMS KJ48 A1 DTD 12/01/2023 4.858% 05/01/2028 3137HBC69 (399,996.80)(701.71)(400,698.51) 400,000.00 12/06/23 12/14/23 BACCT 2023-A2 A2 DTD 12/14/2023 4.980% 11/15/2028 05522RDH8 (179,975.83) 0.00 (179,975.83) 180,000.00 12/07/23 (1,559.71) (2,039,851.65)(2,038,291.94) 2,055,000.00 Transaction Type Sub-Total INTEREST 12/01/23 JPMORGAN CHASE & CO (CALLABLE) CORP NOTE DTD 06/01/2021 0.824% 06/01/2025 46647PCH7 0.00 1,297.80 1,297.80 315,000.00 12/01/23 12/25/23 FHMS K505 A2 DTD 07/01/2023 4.819% 06/01/2028 3137HACX2 0.00 2,208.71 2,208.71 550,000.00 12/01/23 12/25/23 FHMS K507 A2 DTD 09/01/2023 4.800% 09/01/2028 3137HAMS2 0.00 2,000.00 2,000.00 500,000.00 12/01/23 12/25/23 FHLMC MULTIFAMILY STRUCTURED P DTD 07/01/2017 3.243% 04/01/2027 3137F1G44 0.00 1,486.38 1,486.38 550,000.00 12/01/23 12/25/23 FHMS K508 A2 DTD 10/01/2023 4.740% 08/01/2028 3137HAQ74 0.00 1,975.00 1,975.00 500,000.00 12/01/23 12/25/23 FHMS K061 A2 DTD 01/30/2017 3.347% 11/01/2026 3137BTUM1 0.00 1,059.88 1,059.88 380,000.00 12/01/23 12/25/23 FHMS K054 A2 DTD 04/20/2016 2.745% 01/01/2026 3137BNGT5 0.00 629.06 629.06 275,000.00 12/01/23 12/25/23 FHMS K509 A2 DTD 10/01/2023 4.850% 09/01/2028 3137HAST4 0.00 1,515.63 1,515.63 375,000.00 12/01/23 12/25/23 FHMS K064 A2 DTD 05/15/2017 3.224% 03/01/2027 3137BXQY1 0.00 1,477.67 1,477.67 550,000.00 12/01/23 12/25/23 FHMS KJ46 A1 DTD 07/01/2023 4.777% 06/01/2028 3137HAD45 0.00 1,747.94 1,747.94 439,089.13 12/01/23 12/25/23 FNA 2023-M6 A2 DTD 07/01/2023 4.190% 07/01/2028 3136BQDE6 0.00 1,920.42 1,920.42 550,000.00 12/01/23 Page 28 For the Month Ending December 31, 2023Managed 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 12/25/23 FHMS K058 A2 DTD 11/09/2016 2.653% 08/01/2026 3137BSP72 0.00 1,215.96 1,215.96 550,000.00 12/01/23 12/25/23 FHMS K043 A2 DTD 03/01/2015 3.062% 12/01/2024 3137BGK24 0.00 629.83 629.83 246,832.58 12/01/23 12/25/23 FHMS K510 A2 DTD 11/01/2023 5.069% 10/01/2028 3137HB3D4 0.00 760.35 760.35 180,000.00 12/01/23 12/25/23 FHMS K506 A2 DTD 09/01/2023 4.650% 08/01/2028 3137HAMH6 0.00 3,100.00 3,100.00 800,000.00 12/01/23 12/03/23 AMAZON INC CORP NOTES (CALLABLE) DTD 06/03/2020 0.800% 06/03/2025 023135BQ8 0.00 1,900.00 1,900.00 475,000.00 12/03/23 12/06/23 BANK OF AMERICA CORP NOTES (CALLABLE) DTD 12/06/2021 1.530% 12/06/2025 06051GKE8 0.00 1,721.25 1,721.25 225,000.00 12/06/23 12/09/23 NATIONAL AUSTRALIA BK/NY CORPORATE NOTES DTD 06/09/2022 3.905% 06/09/2027 63254ABE7 0.00 9,762.50 9,762.50 500,000.00 12/09/23 12/09/23 NATIONAL AUSTRALIA BK/NY CORPORATE NOTES DTD 06/09/2022 3.500% 06/09/2025 63254ABD9 0.00 4,375.00 4,375.00 250,000.00 12/09/23 12/15/23 FITAT 2023-1 A3 DTD 08/23/2023 5.530% 08/15/2028 31680EAD3 0.00 1,612.92 1,612.92 350,000.00 12/15/23 12/15/23 TAOT 2021-B A3 DTD 06/14/2021 0.260% 11/17/2025 89190GAC1 0.00 31.73 31.73 146,429.92 12/15/23 12/15/23 BACCT 2023-A1 A1 DTD 06/16/2023 4.790% 05/15/2028 05522RDG0 0.00 678.58 678.58 170,000.00 12/15/23 12/15/23 NATIONAL RURAL UTIL COOP CORPORATE NOTES DTD 05/04/2022 3.450% 06/15/2025 63743HFE7 0.00 862.50 862.50 50,000.00 12/15/23 12/15/23 DCENT 2023-A1 A DTD 04/11/2023 4.310% 03/15/2028 254683CY9 0.00 1,149.33 1,149.33 320,000.00 12/15/23 12/15/23 FORDO 2023-A A3 DTD 03/31/2023 4.650% 02/15/2028 344928AD8 0.00 503.75 503.75 130,000.00 12/15/23 12/15/23 HDMOT 2023-A A3 DTD 02/23/2023 5.050% 12/15/2027 41285JAD0 0.00 715.42 715.42 170,000.00 12/15/23 Page 29 For the Month Ending December 31, 2023Managed 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 12/15/23 AMXCA 2023-3 A DTD 09/19/2023 5.230% 09/15/2028 02582JKD1 0.00 1,786.92 1,786.92 410,000.00 12/15/23 12/15/23 DCENT 2023-A2 A DTD 06/28/2023 4.930% 06/15/2028 254683CZ6 0.00 1,437.92 1,437.92 350,000.00 12/15/23 12/15/23 HART 2021-A A3 DTD 04/28/2021 0.380% 09/15/2025 44933LAC7 0.00 7.96 7.96 25,148.51 12/15/23 12/15/23 CHAIT 2023-A1 A DTD 09/15/2023 5.160% 09/15/2028 161571HT4 0.00 1,741.50 1,741.50 405,000.00 12/15/23 12/15/23 COMET 2023-A1 A DTD 05/24/2023 4.420% 05/15/2028 14041NGD7 0.00 1,804.83 1,804.83 490,000.00 12/15/23 12/15/23 CARMX 2022-3 A3 DTD 07/20/2022 3.970% 04/15/2027 14318MAD1 0.00 694.75 694.75 210,000.00 12/15/23 12/15/23 DCENT 2021-A1 A1 DTD 09/27/2021 0.580% 09/15/2026 254683CP8 0.00 94.25 94.25 195,000.00 12/15/23 12/15/23 NAROT 2021-A A3 DTD 06/23/2021 0.330% 10/15/2025 65480BAC1 0.00 40.26 40.26 146,397.68 12/15/23 12/15/23 HART 2021-C A3 DTD 11/17/2021 0.740% 05/15/2026 44935FAD6 0.00 36.67 36.67 59,471.73 12/15/23 12/15/23 NAROT 2022-B A3 DTD 09/28/2022 4.460% 05/17/2027 65480JAC4 0.00 520.33 520.33 140,000.00 12/15/23 12/15/23 TAOT 2023-A A3 DTD 01/30/2023 4.630% 09/15/2027 891940AC2 0.00 945.29 945.29 245,000.00 12/15/23 12/15/23 CARMX 2021-2 A3 DTD 04/21/2021 0.520% 02/17/2026 14314QAC8 0.00 20.96 20.96 48,380.22 12/15/23 12/15/23 COMET 2022-A3 A DTD 11/03/2022 4.950% 10/15/2027 14041NGB1 0.00 1,010.63 1,010.63 245,000.00 12/15/23 12/15/23 AMXCA 2023-1 A DTD 06/14/2023 4.870% 05/15/2028 02582JJZ4 0.00 771.08 771.08 190,000.00 12/15/23 12/16/23 GMCAR 2022-4 A3 DTD 10/12/2022 4.820% 08/16/2027 36265QAD8 0.00 1,104.58 1,104.58 275,000.00 12/16/23 12/16/23 GMCAR 2021-4 A3 DTD 10/21/2021 0.680% 09/16/2026 362554AC1 0.00 36.88 36.88 65,083.25 12/16/23 12/18/23 HAROT 2023-3 A3 DTD 08/22/2023 5.410% 02/18/2028 43815QAC1 0.00 1,442.67 1,442.67 320,000.00 12/18/23 Page 30 For the Month Ending December 31, 2023Managed 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 12/21/23 HAROT 2023-4 A3 DTD 11/08/2023 5.670% 06/21/2028 438123AC5 0.00 575.66 575.66 85,000.00 12/21/23 12/21/23 HAROT 2021-4 A3 DTD 11/24/2021 0.880% 01/21/2026 43815GAC3 0.00 54.85 54.85 74,789.59 12/21/23 12/27/23 AMERICAN HONDA FINANCE CORP NOTE DTD 06/27/2019 2.400% 06/27/2024 02665WCZ2 0.00 4,800.00 4,800.00 400,000.00 12/27/23 12/31/23 US TREASURY NOTES DTD 06/30/2020 0.250% 06/30/2025 912828ZW3 0.00 187.50 187.50 150,000.00 12/31/23 12/31/23 US TREASURY NOTES DTD 12/31/2019 1.750% 12/31/2024 912828YY0 0.00 437.50 437.50 50,000.00 12/31/23 65,890.60 65,890.60 0.00 14,126,622.61 Transaction Type Sub-Total MATURITY 12/04/23 FREDDIE MAC NOTES DTD 12/04/2020 0.250% 12/04/2023 3137EAFA2 300,000.00 375.00 300,375.00 297.00 0.00 300,000.00 12/04/23 375.00 0.00 297.00 300,375.00 300,000.00 300,000.00 Transaction Type Sub-Total PAYDOWNS 12/25/23 FHMS K061 A2 DTD 01/30/2017 3.347% 11/01/2026 3137BTUM1 567.98 0.00 567.98 17.48 0.00 567.98 12/01/23 12/25/23 FHMS KJ46 A1 DTD 07/01/2023 4.777% 06/01/2028 3137HAD45 274.15 0.00 274.15 0.01 0.00 274.15 12/01/23 12/25/23 FHMS K043 A2 DTD 03/01/2015 3.062% 12/01/2024 3137BGK24 429.34 0.00 429.34 (21.27) 0.00 429.34 12/01/23 12/15/23 CARMX 2021-2 A3 DTD 04/21/2021 0.520% 02/17/2026 14314QAC8 4,352.81 0.00 4,352.81 0.94 0.00 4,352.81 12/15/23 12/15/23 TAOT 2021-B A3 DTD 06/14/2021 0.260% 11/17/2025 89190GAC1 14,054.09 0.00 14,054.09 1.51 0.00 14,054.09 12/15/23 12/15/23 HART 2021-C A3 DTD 11/17/2021 0.740% 05/15/2026 44935FAD6 4,230.59 0.00 4,230.59 0.94 0.00 4,230.59 12/15/23 12/15/23 HART 2021-A A3 DTD 04/28/2021 0.380% 09/15/2025 44933LAC7 3,458.34 0.00 3,458.34 0.36 0.00 3,458.34 12/15/23 Page 31 For the Month Ending December 31, 2023Managed Account Security Transactions & Interest CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Transaction Type Trade CUSIPSecurity DescriptionSettle Par Proceeds Principal Accrued Interest Total Cost Realized G/L Realized G/L Sale Amort Cost Method PAYDOWNS 12/15/23 NAROT 2021-A A3 DTD 06/23/2021 0.330% 10/15/2025 65480BAC1 13,092.31 0.00 13,092.31 0.22 0.00 13,092.31 12/15/23 12/16/23 GMCAR 2021-4 A3 DTD 10/21/2021 0.680% 09/16/2026 362554AC1 3,846.27 0.00 3,846.27 0.10 0.00 3,846.27 12/16/23 12/21/23 HAROT 2021-4 A3 DTD 11/24/2021 0.880% 01/21/2026 43815GAC3 5,134.38 0.00 5,134.38 1.08 0.00 5,134.38 12/21/23 0.00 0.00 1.37 49,440.26 49,440.26 49,440.26 Transaction Type Sub-Total SELL 12/14/23 US TREASURY NOTES DTD 04/30/2021 0.750% 04/30/2026 91282CBW0 160,692.38 158.65 160,851.03 (10,042.00)(11,956.79)FIFO 175,000.00 12/07/23 12/14/23 US TREASURY NOTES DTD 12/31/2019 1.750% 12/31/2024 912828YY0 96,691.41 794.16 97,485.57 (10,191.40)(4,948.99)FIFO 100,000.00 12/07/23 12/14/23 US TREASURY NOTES DTD 01/31/2022 0.875% 01/31/2024 91282CDV0 298,242.19 970.11 299,212.30 9,679.69 (309.26)FIFO 300,000.00 12/07/23 1,922.92 (17,215.04)(10,553.71) 557,548.90 555,625.98 575,000.00 Transaction Type Sub-Total (1,133,225.70) 66,628.81 (1,066,596.89) (10,255.34) (17,215.04)Managed Account Sub-Total Total Security Transactions ($10,255.34)($1,066,596.89)$66,628.81 ($1,133,225.70)($17,215.04) Page 32 For the Month Ending December 31, 2023Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Total Settlement Dollar AmountShare or Trade Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool 1,186,908.99 Opening Balance 12/01/23 12/01/23 Purchase - Interest 46647PCH7 1.00 1,297.80 1,188,206.79 12/04/23 12/04/23 Purchase - Interest 023135BQ8 1.00 1,900.00 1,190,106.79 12/04/23 12/04/23 Purchase - Principal 3137EAFA2 1.00 300,375.00 1,490,481.79 12/05/23 12/05/23 Redemption - Interest 91282CFZ9 1.00 (635.25) 1,489,846.54 12/05/23 12/05/23 Redemption - Principal 91282CFZ9 1.00 (1,184,109.38) 305,737.16 12/06/23 12/06/23 Purchase - Interest 06051GKE8 1.00 1,721.25 307,458.41 12/07/23 12/07/23 Redemption - Interest 3137HB3G7 1.00 (222.75) 307,235.66 12/07/23 12/07/23 Redemption - Principal 3137HB3G7 1.00 (274,209.93) 33,025.73 12/11/23 12/11/23 Purchase - Interest 63254ABD9 1.00 4,375.00 37,400.73 12/11/23 12/11/23 Purchase - Interest 63254ABE7 1.00 9,762.50 47,163.23 12/14/23 12/14/23 Purchase - Principal 912828YY0 1.00 96,691.41 143,854.64 12/14/23 12/14/23 Purchase - Interest 912828YY0 1.00 794.16 144,648.80 12/14/23 12/14/23 Purchase - Interest 91282CBW0 1.00 158.65 144,807.45 12/14/23 12/14/23 Purchase - Principal 91282CBW0 1.00 160,692.38 305,499.83 12/14/23 12/14/23 Purchase - Principal 91282CDV0 1.00 298,242.19 603,742.02 12/14/23 12/14/23 Purchase - Interest 91282CDV0 1.00 970.11 604,712.13 12/14/23 12/14/23 Redemption - Principal 05522RDH8 1.00 (179,975.83) 424,736.30 12/14/23 12/14/23 Redemption - Principal 3137HBC69 1.00 (399,996.80) 24,739.50 12/14/23 12/14/23 Redemption - Interest 3137HBC69 1.00 (701.71) 24,037.79 12/15/23 12/15/23 Purchase - Interest 63743HFE7 1.00 862.50 24,900.29 12/15/23 12/15/23 Purchase - Interest 891940AC2 1.00 945.29 25,845.58 Page 33 For the Month Ending December 31, 2023Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Total Settlement Dollar AmountShare or Trade Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool 12/15/23 12/15/23 Purchase - Interest 89190GAC1 1.00 31.73 25,877.31 12/15/23 12/15/23 Purchase - Interest 65480JAC4 1.00 520.33 26,397.64 12/15/23 12/15/23 Purchase - Interest 65480BAC1 1.00 40.26 26,437.90 12/15/23 12/15/23 Purchase - Interest 44935FAD6 1.00 36.67 26,474.57 12/15/23 12/15/23 Purchase - Interest 44933LAC7 1.00 7.96 26,482.53 12/15/23 12/15/23 Purchase - Interest 41285JAD0 1.00 715.42 27,197.95 12/15/23 12/15/23 Purchase - Interest 344928AD8 1.00 503.75 27,701.70 12/15/23 12/15/23 Purchase - Interest 31680EAD3 1.00 1,612.92 29,314.62 12/15/23 12/15/23 Purchase - Interest 254683CZ6 1.00 1,437.92 30,752.54 12/15/23 12/15/23 Purchase - Interest 254683CY9 1.00 1,149.33 31,901.87 12/15/23 12/15/23 Purchase - Interest 254683CP8 1.00 94.25 31,996.12 12/15/23 12/15/23 Purchase - Interest 161571HT4 1.00 1,741.50 33,737.62 12/15/23 12/15/23 Purchase - Interest 14318MAD1 1.00 694.75 34,432.37 12/15/23 12/15/23 Purchase - Interest 14314QAC8 1.00 20.96 34,453.33 12/15/23 12/15/23 Purchase - Interest 14041NGD7 1.00 1,804.83 36,258.16 12/15/23 12/15/23 Purchase - Interest 14041NGB1 1.00 1,010.63 37,268.79 12/15/23 12/15/23 Purchase - Interest 05522RDG0 1.00 678.58 37,947.37 12/15/23 12/15/23 Purchase - Interest 02582JKD1 1.00 1,786.92 39,734.29 12/15/23 12/15/23 Purchase - Interest 02582JJZ4 1.00 771.08 40,505.37 12/15/23 12/15/23 Purchase - Principal 14314QAC8 1.00 4,352.81 44,858.18 12/15/23 12/15/23 Purchase - Principal 44935FAD6 1.00 4,230.59 49,088.77 12/15/23 12/15/23 Purchase - Principal 44933LAC7 1.00 3,458.34 52,547.11 Page 34 For the Month Ending December 31, 2023Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Total Settlement Dollar AmountShare or Trade Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool 12/15/23 12/15/23 Purchase - Principal 89190GAC1 1.00 14,054.09 66,601.20 12/15/23 12/15/23 Purchase - Principal 65480BAC1 1.00 13,092.31 79,693.51 12/18/23 12/18/23 Purchase - Interest 362554AC1 1.00 36.88 79,730.39 12/18/23 12/18/23 Purchase - Interest 36265QAD8 1.00 1,104.58 80,834.97 12/18/23 12/18/23 Purchase - Interest 43815QAC1 1.00 1,442.67 82,277.64 12/18/23 12/18/23 Purchase - Principal 362554AC1 1.00 3,846.27 86,123.91 12/21/23 12/21/23 Purchase - Interest 43815GAC3 1.00 54.85 86,178.76 12/21/23 12/21/23 Purchase - Interest 438123AC5 1.00 575.66 86,754.42 12/21/23 12/21/23 Purchase - Principal 43815GAC3 1.00 5,134.38 91,888.80 12/26/23 12/26/23 Purchase - Interest 3136BQDE6 1.00 1,920.42 93,809.22 12/26/23 12/26/23 Purchase - Interest 3137BGK24 1.00 629.83 94,439.05 12/26/23 12/26/23 Purchase - Interest 3137BNGT5 1.00 629.06 95,068.11 12/26/23 12/26/23 Purchase - Interest 3137BSP72 1.00 1,215.96 96,284.07 12/26/23 12/26/23 Purchase - Interest 3137BTUM1 1.00 1,059.88 97,343.95 12/26/23 12/26/23 Purchase - Interest 3137BXQY1 1.00 1,477.67 98,821.62 12/26/23 12/26/23 Purchase - Interest 3137F1G44 1.00 1,486.38 100,308.00 12/26/23 12/26/23 Purchase - Interest 3137HACX2 1.00 2,208.71 102,516.71 12/26/23 12/26/23 Purchase - Interest 3137HAD45 1.00 1,747.94 104,264.65 12/26/23 12/26/23 Purchase - Interest 3137HAMH6 1.00 3,100.00 107,364.65 12/26/23 12/26/23 Purchase - Interest 3137HAMS2 1.00 2,000.00 109,364.65 12/26/23 12/26/23 Purchase - Interest 3137HAQ74 1.00 1,975.00 111,339.65 12/26/23 12/26/23 Purchase - Interest 3137HAST4 1.00 1,515.63 112,855.28 Page 35 For the Month Ending December 31, 2023Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Total Settlement Dollar AmountShare or Trade Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool 12/26/23 12/26/23 Purchase - Interest 3137HB3D4 1.00 760.35 113,615.63 12/26/23 12/26/23 Purchase - Principal 3137HAD45 1.00 274.15 113,889.78 12/26/23 12/26/23 Purchase - Principal 3137BTUM1 1.00 567.98 114,457.76 12/26/23 12/26/23 Purchase - Principal 3137BGK24 1.00 429.34 114,887.10 12/27/23 12/27/23 Purchase - Interest 02665WCZ2 1.00 4,800.00 119,687.10 12/27/23 12/27/23 IP Fees November 2023 1.00 (3,834.32) 115,852.78 12/27/23 12/27/23 U.S. Bank Fees October 2023 1.00 (239.02) 115,613.76 12/29/23 01/02/24 Accrual Income Div Reinvestment - Distributions 1.00 1,159.20 116,772.96 116,772.96 116,772.96 116,772.96 245,782.51 29,902.52 0.00 (37,135,260.00) 37,205,162.55 46,870.41 1,159.20 116,772.96 0.00 (2,043,924.99) 973,788.96 1,186,908.99 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 December January-December 5.55% Page 36