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Item No. 10 - CC Investment Report for March 2025
10)CC Investment Report for March 2025 Receive and file the Investment Report for March 2025. Page 1 of 1 REPORT TO CITY COUNCIL To:Honorable Mayor and Members of the City Council From:Jason Simpson, City Manager Prepared by:Shannon Buckley, Assistant City Manager Date:April 22, 2025 Subject:CC Investment Report for March 2025 Recommendation Receive and file the Investment Report for March 2025. Discussion The Investment Report lists all funds invested for the City as the date shown on the report. Fiscal Impact No fiscal impact. Attachments Attachment 1 - Investment Report March 2025 Administrative Services CITY OF LAKE ELSINORE INVESTMENT REPORT Local Agency Investment Fund CAMP Investment Portfolio CITY OF LAKE ELSINORE ACCOUNT STATEMENT For the Month Ending March 31, 2025 Customer Service PO Box 11813 Harrisburg, PA 17108-1813 Contents Cover/Disclosures Summary Statement Individual Accounts CITY OF LAKE ELSINORE JASON SIMPSON 130 S. MAIN STREET LAKE ELSINORE, CA 92530 Accounts included in Statement LAKE ELSINORE - CITY FUNDS www.camponline.comOnline Access 1-800-729-7665Customer Service Important Messages CAMP will be closed on 04/18/2025 for Good Friday. For the Month Ending March 31, 2025 Account Statement Important Disclosures Important Disclosures 365 and dividing the result by 7. The yields quoted should not be considered a representation of the yield of the fund in the future, since the yield is not fixed. Average maturity represents the average maturity of all securities and investments of a portfolio, determined by multiplying the par or principal value of each security or investment by its maturity (days or years), summing the products, and dividing the sum by the total principal value of the portfolio. The stated maturity date of mortgage backed or callable securities are used in this statement. However the actual maturity of these securities could vary depending on the level or prepayments on the underlying mortgages or whether a callable security has or is still able to be called. Monthly distribution yield represents the net change in the value of one share (normally $1.00 per share) resulting from all dividends declared during the month by a fund expressed as a percentage of the value of one share at the beginning of the month. This resulting net change is then annualized by multiplying it by 365 and dividing it by the number of calendar days in the month. YTM at Cost The yield to maturity at cost is the expected rate of return, based on the original cost, the annual interest receipts, maturity value and the time period from purchase date to maturity, stated as a percentage, on an annualized basis. YTM at Market The yield to maturity at market is the rate of return, based on the current market value, the annual interest receipts, maturity value and the time period remaining until maturity, stated as a percentage, on an annualized basis. Managed Account A portfolio of investments managed discretely by PFMAM according to the client’s specific investment policy and requirements. The investments are directly owned by the client and held by the client’s custodian. Unsettled Trade A trade which has been executed however the final consummation of the security transaction and payment has not yet taken place. Please review the detail pages of this statement carefully. If you think your statement is wrong, missing account information, or if you need more information about a transaction, please contact PFMAM within 60 days of receipt. If you have other concerns or questions regarding your account, or to request an updated copy of PFMAM's current disclosure statement, please contact a member of your client management team at PFMAM Service Operations at the address below. PFM Asset Management Attn: Service Operations 213 Market Street Harrisburg, PA 17101 NOT FDIC INSURED NO BANK GUARANTEE MAY LOSE VALUE This statement is for general information purposes only and is not intended to provide specific advice or recommendations. PFM Asset Management ("PFMAM") is a division of U.S. Bancorp Asset Management, Inc. ("USBAM"), a SEC-registered investment adviser. USBAM is direct subsidiary of U.S. Bank National Association ("U.S. Bank") and an indirect subsidiary of U.S. Bancorp. U.S. Bank is not responsible for and does not guarantee the products, services or performance of PFMAM. PFMAM maintains a written disclosure statement of our background and business experience. If you would like to receive a copy of our current disclosure statement, please contact Service Operations at the address below. Proxy Voting PFMAM does not normally receive proxies to vote on behalf of its clients. However, it does on occasion receive consent requests. In the event a consent request is received the portfolio manager contacts the client and then proceeds according to their instructions. PFMAM’s Proxy Voting Policy is available upon request by contacting Service Operations at the address below. Questions About an Account PFMAM’s monthly statement is intended to detail our investment advisory activity as well as the activity of any accounts held by clients in pools that are managed by PFMAM. The custodian bank maintains the control of assets and executes (i.e., settles) all investment transactions. The custodian statement is the official record of security and cash holdings and transactions. PFMAM recognizes that clients may use these reports to facilitate record keeping and that the custodian bank statement and the PFMAM statement should be reconciled and differences resolved. Many custodians use a settlement date basis which may result in the need to reconcile due to a timing difference. Account Control PFMAM does not have the authority to withdraw funds from or deposit funds to the custodian outside the scope of services provided by PFMAM. Our clients retain responsibility for their internal accounting policies; implementing and enforcing internal controls and generating ledger entries or otherwise recording transactions. Market Value Generally, PFMAM’s market prices are derived from closing bid prices as of the last business day of the month as supplied by ICE Data Services. There may be differences in the values shown for investments due to accrued but uncollected income and the use of differing valuation sources and methods. Non-negotiable FDIC-insured bank certificates of deposit are priced at par. Although PFMAM believes the prices to be reliable, the values of the securities may not represent the prices at which the securities could have been bought or sold. Explanation of the valuation methods for a registered investment company or local government investment program is contained in the appropriate fund offering documentation or information statement. Amortized Cost The original cost of the principal of the security is adjusted for the amount of the periodic reduction of any discount or premium from the purchase date until the date of the report. Discount or premium with respect to short term securities (those with less than one year to maturity at time of issuance) is amortized on a straightline basis. Such discount or premium with respect to longer term securities is amortized using the constant yield basis. Tax Reporting Cost data and realized gains / losses are provided for informational purposes only. Please review for accuracy and consult your tax advisor to determine the tax consequences of your security transactions. PFMAM does not report such information to the IRS or other taxing authorities and is not responsible for the accuracy of such information that may be required to be reported to federal, state or other taxing authorities. Financial Situation In order to better serve you, PFMAM should be promptly notified of any material change in your investment objective or financial situation. Callable Securities Securities subject to redemption prior to maturity may be redeemed in whole or in part before maturity, which could affect the yield represented. Portfolio The securities in this portfolio, including shares of mutual funds, are not guaranteed or otherwise protected by PFMAM, the FDIC (except for certain non-negotiable certificates of deposit) or any government agency. Investment in securities involves risks, including the possible loss of the amount invested. Actual settlement values, accrued interest, and amortized cost amounts may vary for securities subject to an adjustable interest rate or subject to principal paydowns. Any changes to the values shown may be reflected within the next monthly statement’s beginning values. Rating Information provided for ratings is based upon a good faith inquiry of selected sources, but its accuracy and completeness cannot be guaranteed. Shares of some local government investment programs and TERM funds are distributed by representatives of USBAM's affiliate, U.S. Bancorp Investments, Inc. which is registered with the SEC as a broker/dealer and is a member of the Financial Industry Regulatory Authority (“FINRA”) and the Municipal Securities Rulemaking Board (“MSRB”). You may reach the FINRA by calling the FINRA Hotline at 1-800-289-9999 or at the FINRA website address https://www.finra.org/investors/investor-contacts. A brochure describing the FINRA Regulation Public Disclosure Program is also available from FINRA upon request. Key Terms and Definitions Dividends on local government investment program funds consist of interest earned, plus any discount ratably amortized to the date of maturity, plus all realized gains and losses on the sale of securities prior to maturity, less ratable amortization of any premium and all accrued expenses to the fund. Dividends are accrued daily and may be paid either monthly or quarterly. The monthly earnings on this statement represent the estimated dividend accrued for the month for any program that distributes earnings on a quarterly basis. There is no guarantee that the estimated amount will be paid on the actual distribution date. Current Yield is the net change, exclusive of capital changes and income other than investment income, in the value of a hypothetical fund account with a balance of one share over the seven-day base period including the statement date, expressed as a percentage of the value of one share (normally $1.00 per share) at the beginning of the seven-day period. This resulting net change in account value is then annualized by multiplying it by For the Month Ending March 31, 2025Account Statement - Transaction Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Opening Market Value Purchases Redemptions Change in Value Closing Market Value 442,285.89 3,087,801.95 (3,114,368.16) 0.00 $415,719.68 CAMP Pool Unsettled Trades 0.00 2,003.76 Cash Dividends and Income Opening Market Value Purchases Redemptions Change in Value Closing Market Value 54,163,480.01 3,094,975.15 (2,943,722.83) 101,806.82 $54,416,539.15 CAMP Managed Account Unsettled Trades 0.00 174,802.74 Cash Dividends and Income March 31, 2025 February 28, 2025 Asset Summary CAMP Pool 415,719.68 442,285.89 CAMP Managed Account 54,416,539.15 54,163,480.01 $54,832,258.83 $54,605,765.90 Total Asset Allocation 0.76% CAMP Pool 99.24% CAMP Managed Account Page 1PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending March 31, 2025Managed 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 $442,285.89 3,087,801.95 (3,114,368.16) $415,719.68 2,003.76 $54,163,480.01 (807,574.39) (2,136,148.44) 3,094,975.15 0.00 101,806.82 $54,416,539.15 $54,605,765.90 $54,832,258.83 142,075.36 (15,464.43) 48,191.81 $174,802.74 735,000.00 2,141,830.76 136,393.04 72,574.39 (3,110,439.58) 24,641.39 0.00 Managed Account Total 54,154,387.70 54,570,107.38 307,199.78 2,141,830.76 807,574.39 136,393.04 (3,110,439.58) (53,974,679.60) (277,239.55) 0.00 307,199.78 5,256,198.92 807,574.39 136,393.04 (6,198,241.53) (54,416,965.49) (277,239.55) 2,003.76 Total Accrual Basis Earnings $185,026.94 $187,030.70 Transaction Summary - Managed AccountTransaction Summary - Money Market _______________________________________________ _______________________________________________ _____________________________________________________ Cash Balance $0.00 Closing Cash Balance Page 2PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending March 31, 2025Portfolio Summary and Statistics CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Account Summary Percent Par Value Market ValueDescription U.S. Treasury Bond / Note 25,450,000.00 24,660,732.67 44.98 Municipal Bond / Note 910,000.00 905,403.75 1.65 Federal Agency Commercial Mortgage-Backed Security 8,579,808.90 8,599,542.61 15.68 Federal Agency Bond / Note 2,275,000.00 2,234,296.58 4.07 Corporate Note 11,400,000.00 11,335,241.49 20.67 Certificate of Deposit 900,000.00 906,841.80 1.65 Bank Note 525,000.00 529,323.90 0.97 Asset-Backed Security 5,212,966.75 5,245,156.35 9.57 Managed Account Sub-Total 55,252,775.65 54,416,539.15 99.24% Accrued Interest 307,199.78 Total Portfolio 55,252,775.65 54,723,738.93 CAMP Pool 415,719.68 415,719.68 0.76 Total Investments 55,668,495.33 55,139,458.61 100.00% Unsettled Trades 0.00 0.00 Sector Allocation 9.57% ABS 0.97% Bank Note 1.65% Cert of Deposit 19.75% Corporate Note 4.07% Fed Agy Bond / Note 15.68% Federal Agency Commercial Mortgage-Backed Security 0.76% Joint Powers Authority 1.65% Muni Bond / Note 0.93% Priv Placement Bond 44.97% US TSY Bond / Note 0 - 6 Months 6 - 12 Months 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years Over 5 Years 8.51% 3.44% 8.83% 22.43% 45.36% 11.43% 0.00% Maturity Distribution Characteristics Yield to Maturity at Cost Yield to Maturity at Market Weighted Average Days to Maturity 1051 4.09% 4.17% Page 3PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending March 31, 2025Managed Account Issuer Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Credit Quality (S&P Ratings) 4.96% A 4.32% A+ 4.37% A- 0.83% A-1+ 2.82% AA 66.11% AA+ 4.50% AA- 9.02% AAA 0.76% AAAm 2.31% NR Issuer Summary Percentof HoldingsIssuer Market Value 224,455.05 0.41 Abbott Laboratories 380,719.12 0.69 Adobe Inc 342,494.24 0.62 Air Products and Chemicals Inc 472,059.75 0.86 Amazon.com Inc 1,399,827.77 2.55 American Express Co 753,204.68 1.37 Apple Inc 352,730.12 0.64 BA Credit Card Trust 224,477.55 0.41 Bank of America Corp 456,903.45 0.83 Bank of New York Mellon Corp 167,505.27 0.31 Bayerische Motoren Werke AG 459,126.93 0.84 Berkshire Hathaway Inc 786,104.98 1.43 BlackRock Inc 371,319.00 0.68 Bristol-Myers Squibb Co 83,356.61 0.15 California State University 415,719.68 0.76 CAMP Pool 735,650.23 1.34 Capital One Financial Corp 97,944.09 0.18 CarMax Inc 215,424.45 0.39 Caterpillar Inc 293,804.40 0.54 Charles Schwab Corp 64,924.54 0.12 Cintas Corp 427,077.00 0.78 Cisco Systems Inc 780,699.00 1.42 Citigroup Inc 382,278.38 0.70 Deere & Co 672,169.29 1.23 Discover Card Execution Note Trust 147,492.90 0.27 Federal Home Loan Banks 9,184,558.77 16.75 Federal Home Loan Mortgage Corp 1,501,787.52 2.74 Federal National Mortgage Association 353,071.60 0.64 Fifth Third Auto Trust 111,194.47 0.20 Ford Credit Auto Owner Trust 224,642.70 0.41 General Dynamics Corp 166,767.96 0.30 GM Financial Consumer Automobile Receiv 130,462.23 0.24 Harley-Davidson Inc Page 4PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending March 31, 2025Managed Account Issuer Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Percentof HoldingsIssuer Market Value 404,187.46 0.74 Home Depot Inc 413,725.09 0.75 Honda Auto Receivables Owner Trust 394,033.20 0.72 Honda Motor Co Ltd 224,519.40 0.41 International Business Machines Corp 409,530.74 0.75 JPMorgan Chase & Co 60,236.04 0.11 Lockheed Martin Corp 115,523.48 0.21 Mars Inc 740,109.00 1.35 Microsoft Corp 529,323.90 0.97 Morgan Stanley 745,304.25 1.36 National Australia Bank Ltd 390,535.65 0.71 National Rural Utilities Cooperative Fi 83,551.39 0.15 Nissan Auto Receivables Owner Trust 453,394.80 0.83 Nordea Bank Abp 128,419.07 0.23 San Juan Unified School District 307,449.94 0.56 State Board of Administration Finance C 202,731.20 0.37 State of California 98,812.00 0.18 State of Minnesota 38,489.04 0.07 Target Corp 85,835.13 0.16 Texas Instruments Inc 453,447.00 0.83 Toronto-Dominion Bank 193,247.28 0.35 Toyota Auto Receivables Owner Trust 377,412.75 0.69 Toyota Motor Corp 224,765.10 0.41 United Services Automobile Association 24,660,732.67 44.98 United States Treasury 217,224.90 0.40 UnitedHealth Group Inc 84,634.93 0.15 University of California Board of Regen 415,129.69 0.76 Verizon Master Trust $54,832,258.83 Total 100.00% Page 5PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending March 31, 2025Managed 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 N/B DTD 06/30/2020 0.250% 06/30/2025 49,501.30 49,943.64 31.42 49,031.25 04/05/2104/01/21AaaAA+ 50,000.00 912828ZW3 0.71 US TREASURY N/B DTD 11/15/2016 2.000% 11/15/2026 605,859.38 608,886.23 4,730.66 587,011.72 01/17/2301/13/23AaaAA+ 625,000.00 912828U24 3.72 US TREASURY N/B DTD 05/02/2022 2.750% 04/30/2027 195,343.80 196,354.79 2,309.39 192,570.31 02/03/2301/31/23AaaAA+ 200,000.00 91282CEN7 3.70 US TREASURY N/B DTD 11/30/2022 3.875% 11/30/2027 1,173,760.37 1,171,928.70 15,260.47 1,170,501.95 01/05/2401/02/24AaaAA+ 1,175,000.00 91282CFZ9 3.98 US TREASURY N/B DTD 11/30/2022 3.875% 11/30/2027 1,198,734.00 1,189,380.79 15,585.16 1,184,109.38 12/05/2312/01/23AaaAA+ 1,200,000.00 91282CFZ9 4.24 US TREASURY N/B DTD 02/28/2023 4.000% 02/29/2028 400,906.40 395,251.67 1,391.30 393,640.63 04/05/2404/03/24AaaAA+ 400,000.00 91282CGP0 4.45 US TREASURY N/B DTD 02/28/2023 4.000% 02/29/2028 601,359.60 601,798.05 2,086.96 602,507.81 02/06/2402/02/24AaaAA+ 600,000.00 91282CGP0 3.89 US TREASURY N/B DTD 02/28/2023 4.000% 02/29/2028 1,353,059.10 1,339,240.88 4,695.65 1,335,287.11 03/06/2403/01/24AaaAA+ 1,350,000.00 91282CGP0 4.30 US TREASURY N/B DTD 02/28/2023 4.000% 02/29/2028 2,455,551.70 2,398,110.69 8,521.74 2,383,390.63 05/06/2405/01/24AaaAA+ 2,450,000.00 91282CGP0 4.79 US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028 206,806.73 203,210.38 707.01 198,641.60 07/03/2407/01/24AaaAA+ 225,000.00 91282CCH2 4.49 US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028 1,171,904.78 1,184,165.78 4,006.39 1,169,364.26 09/06/2409/04/24AaaAA+ 1,275,000.00 91282CCH2 3.59 US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028 1,194,883.30 1,193,770.43 4,084.94 1,173,960.94 08/05/2408/01/24AaaAA+ 1,300,000.00 91282CCH2 3.96 US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028 2,205,938.40 2,234,494.02 7,541.44 2,211,468.75 10/07/2410/01/24AaaAA+ 2,400,000.00 91282CCH2 3.51 US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028 2,665,508.90 2,627,115.90 9,112.57 2,565,253.91 06/11/2406/06/24AaaAA+ 2,900,000.00 91282CCH2 4.39 Page 6PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending March 31, 2025Managed 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 N/B DTD 01/02/2024 3.750% 12/31/2028 1,191,843.60 1,183,708.03 11,312.15 1,182,093.75 11/05/2410/31/24AaaAA+ 1,200,000.00 91282CJR3 4.14 US TREASURY N/B DTD 01/02/2024 3.750% 12/31/2028 1,365,654.13 1,346,294.71 12,961.84 1,344,653.32 01/07/2501/02/25AaaAA+ 1,375,000.00 91282CJR3 4.36 US TREASURY N/B DTD 01/02/2024 3.750% 12/31/2028 1,464,974.43 1,445,768.70 13,904.52 1,444,693.36 02/06/2502/03/25AaaAA+ 1,475,000.00 91282CJR3 4.33 US TREASURY N/B DTD 01/02/2024 3.750% 12/31/2028 2,582,327.80 2,568,268.09 24,509.67 2,565,773.44 12/06/2412/03/24AaaAA+ 2,600,000.00 91282CJR3 4.10 US TREASURY N/B DTD 06/30/2022 3.250% 06/30/2029 2,576,814.95 2,566,413.94 21,650.21 2,565,117.19 03/06/2503/03/25AaaAA+ 2,650,000.00 91282CEV9 4.06 164,403.49 24,660,732.67 24,504,105.42 4.14 24,319,071.31 25,450,000.00 Security Type Sub-Total Municipal Bond / Note UNIV OF CALIFORNIA-BG (CALLABLE) DTD 07/16/2020 0.883% 05/15/2025 84,634.93 85,000.00 283.54 85,000.00 07/16/2007/10/20Aa2AA 85,000.00 91412HGE7 0.88 FLORIDA ST BRD OF ADM DTD 09/16/2020 1.258% 07/01/2025 64,465.31 65,023.98 204.43 65,459.55 09/16/2009/03/20Aa2AA 65,000.00 341271AD6 1.11 FLORIDA ST BRD OF ADM DTD 09/16/2020 1.258% 07/01/2025 84,300.79 85,029.40 267.33 85,563.55 09/16/2009/03/20Aa2AA 85,000.00 341271AD6 1.12 FLORIDA ST BRD OF ADM DTD 09/16/2020 1.258% 07/01/2025 158,683.84 160,000.00 503.20 160,000.00 09/16/2009/03/20Aa2AA 160,000.00 341271AD6 1.26 MINNESOTA ST-F-UNREF DTD 08/25/2020 0.630% 08/01/2025 98,812.00 100,000.00 105.00 100,000.00 05/07/2405/07/24AaaAAA 100,000.00 60412AK85 0.63 SAN JUAN CA UNIF SCH DTD 10/29/2020 0.852% 08/01/2025 128,419.07 130,000.00 184.60 130,000.00 10/29/2010/16/20Aa2NR 130,000.00 798306WP7 0.85 CALIFORNIA ST UNIV-B DTD 07/29/2021 0.862% 11/01/2025 83,356.61 85,000.00 305.29 85,000.00 07/29/2107/09/21Aa2AA- 85,000.00 13077DQD7 0.86 CA ST DTD 03/15/2023 4.846% 03/01/2027 202,731.20 200,000.00 807.67 200,000.00 03/15/2303/09/23Aa2AA- 200,000.00 13063D3N6 4.85 Page 7PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending March 31, 2025Managed 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 2,661.06 905,403.75 910,053.38 1.84 911,023.10 910,000.00 Security Type Sub-Total Federal Agency Commercial Mortgage-Backed Security FHMS K054 A2 DTD 04/01/2016 2.745% 01/01/2026 255,383.27 255,754.72 592.24 248,183.10 04/14/2304/11/23AaaAA+ 258,903.32 3137BNGT5 4.32 FHMS K058 A2 DTD 11/01/2016 2.653% 08/01/2026 537,563.95 540,376.98 1,215.96 526,839.84 04/12/2304/06/23AaaAA+ 550,000.00 3137BSP72 3.98 FHMS K061 A2 DTD 01/01/2017 3.347% 11/01/2026 361,793.81 362,830.34 1,026.88 356,835.97 05/24/2305/19/23AaaAA+ 368,168.65 3137BTUM1 4.29 FHMS K064 A2 DTD 05/01/2017 3.224% 03/01/2027 539,494.45 532,826.95 1,477.67 518,804.69 08/18/2308/16/23AaaAA+ 550,000.00 3137BXQY1 4.94 FHMS K065 A2 DTD 07/01/2017 3.243% 04/01/2027 539,105.60 537,724.64 1,486.38 527,033.20 06/13/2306/08/23AaaAA+ 550,000.00 3137F1G44 4.42 FHMS KJ48 A1 DTD 12/01/2023 4.858% 05/01/2028 392,168.56 388,090.52 1,571.12 388,088.54 12/14/2312/06/23AaaAA+ 388,091.65 3137HBC69 4.86 FHMS KJ46 A1 DTD 07/01/2023 4.777% 06/01/2028 436,918.90 434,275.24 1,728.81 434,271.55 07/27/2307/19/23AaaAA+ 434,282.37 3137HAD45 4.78 FHMS K505 A2 DTD 07/01/2023 4.819% 06/01/2028 557,415.10 553,602.43 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 4.182% 07/01/2028 521,934.92 519,435.14 1,830.70 516,456.37 07/31/2307/18/23AaaAA+ 525,362.91 3136BQDE6 4.58 FHMS K508 A2 DTD 10/01/2023 4.740% 08/01/2028 505,921.50 492,013.79 1,975.00 489,032.00 10/19/2310/11/23AaaAA+ 500,000.00 3137HAQ74 5.25 FHMS K506 A2 DTD 09/01/2023 4.650% 08/01/2028 807,239.20 791,546.79 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 380,710.13 366,026.88 1,515.63 363,043.88 10/31/2310/25/23AaaAA+ 375,000.00 3137HAST4 5.60 Page 8PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending March 31, 2025Managed 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 FHMS K507 A2 DTD 09/01/2023 4.800% 09/01/2028 506,900.00 495,602.37 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 183,947.94 179,610.16 760.35 179,479.62 11/21/2311/14/23AaaAA+ 180,000.00 3137HB3D4 5.14 FHMS K511 A2 DTD 12/01/2023 4.860% 10/01/2028 279,266.90 274,404.01 1,113.75 274,209.93 12/07/2311/28/23AaaAA+ 275,000.00 3137HB3G7 4.93 FHMS K514 A2 DTD 02/01/2024 4.572% 12/01/2028 291,889.64 292,275.22 1,104.90 292,899.71 02/08/2402/01/24AaaAA+ 290,000.00 3137HBLV4 4.34 FHMS K524 A2 DTD 07/01/2024 4.720% 05/01/2029 445,503.52 442,394.42 1,730.67 442,702.04 07/25/2407/16/24AaaAA+ 440,000.00 3137HDV56 4.58 FHMS K522 A2 DTD 06/01/2024 4.803% 05/01/2029 558,372.65 550,000.00 2,201.38 549,998.35 06/13/2406/05/24AaaAA+ 550,000.00 3137HDJJ0 4.80 FHMS K526 A2 DTD 08/01/2024 4.543% 07/01/2029 498,012.57 499,098.19 1,873.99 499,630.23 08/15/2408/07/24AaaAA+ 495,000.00 3137HDXL9 4.33 30,514.14 8,599,542.61 8,507,888.79 4.73 8,445,191.52 8,579,808.90 Security Type Sub-Total Federal Agency Bond / Note FREDDIE MAC DTD 07/23/2020 0.375% 07/21/2025 419,979.48 424,870.51 309.90 422,883.50 07/23/2007/21/20AaaAA+ 425,000.00 3137EAEU9 0.48 FANNIE MAE DTD 08/27/2020 0.375% 08/25/2025 344,617.35 349,868.81 131.25 348,362.00 08/27/2008/25/20AaaAA+ 350,000.00 3135G05X7 0.47 FEDERAL HOME LOAN BANK DTD 09/11/2020 0.375% 09/04/2025 147,492.90 149,961.60 42.19 149,550.00 09/11/2009/10/20AaaAA+ 150,000.00 3130AK5E2 0.44 FREDDIE MAC DTD 09/25/2020 0.375% 09/23/2025 686,971.60 699,798.44 58.33 697,893.00 09/25/2009/23/20AaaAA+ 700,000.00 3137EAEX3 0.44 FANNIE MAE DTD 11/12/2020 0.500% 11/07/2025 635,235.25 649,719.98 1,300.00 647,673.00 11/12/2011/09/20AaaAA+ 650,000.00 3135G06G3 0.57 1,841.67 2,234,296.58 2,274,219.34 0.49 2,266,361.50 2,275,000.00 Security Type Sub-Total Page 9PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending March 31, 2025Managed 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 HOME DEPOT INC (CALLABLE) DTD 03/28/2022 2.700% 04/15/2025 24,981.08 24,999.44 311.25 24,956.25 03/28/2203/24/22A2A 25,000.00 437076CM2 2.76 CINTAS CORPORATION NO. 2 (CALLABLE) DTD 05/03/2022 3.450% 05/01/2025 64,924.54 64,999.60 934.38 64,985.70 05/03/2204/26/22A3A- 65,000.00 17252MAP5 3.46 USAA CAPITAL CORP DTD 05/26/2022 3.375% 05/01/2025 224,765.10 224,979.08 3,164.06 224,264.25 05/26/2205/23/22Aa1AA 225,000.00 90327QD89 3.49 GENERAL DYNAMICS CORP (CALLABLE) DTD 05/11/2018 3.500% 05/15/2025 224,642.70 225,000.00 2,975.00 252,247.50 10/20/2010/16/20A2A 225,000.00 369550BG2 0.80 AMAZON.COM INC (CALLABLE) DTD 06/03/2020 0.800% 06/03/2025 472,059.75 474,991.97 1,245.56 474,767.25 06/05/2006/03/20A1AA 475,000.00 023135BQ8 0.81 NATIONAL AUSTRALIA BK/NY DTD 06/09/2022 3.500% 06/09/2025 249,434.25 250,000.00 2,722.22 250,000.00 06/09/2205/31/22Aa2AA- 250,000.00 63254ABD9 3.50 NATIONAL RURAL UTIL COOP DTD 05/04/2022 3.450% 06/15/2025 49,867.35 49,999.11 507.92 49,986.50 05/04/2204/27/22A2A- 50,000.00 63743HFE7 3.92 IBM CORP DTD 07/27/2022 4.000% 07/27/2025 224,519.40 225,000.00 1,600.00 225,000.00 07/27/2207/20/22A3A- 225,000.00 459200KS9 4.00 BANK OF AMERICA CORP DTD 07/30/2015 3.875% 08/01/2025 224,477.55 227,150.60 1,453.13 256,918.50 08/20/2008/18/20A1A- 225,000.00 06051GFS3 0.93 ABBOTT LABORATORIES (CALLABLE) DTD 03/22/2017 3.875% 09/15/2025 224,455.05 226,432.27 387.50 257,845.50 09/28/2009/24/20Aa3AA- 225,000.00 002824BM1 0.86 UNITEDHEALTH GROUP INC (CALLABLE) DTD 05/19/2021 1.150% 05/15/2026 217,224.90 224,911.93 977.50 224,608.50 05/19/2105/17/21A2A+ 225,000.00 91324PEC2 1.19 BMW US CAPITAL LLC (CALLABLE) DTD 08/12/2021 1.250% 08/12/2026 167,505.27 174,985.65 297.74 174,947.50 08/16/2108/12/21A2A 175,000.00 05565EBW4 1.26 CATERPILLAR FINL SERVICE DTD 01/10/2022 1.700% 01/08/2027 215,424.45 224,596.77 881.88 223,863.75 01/13/2201/11/22A2A 225,000.00 14913R2U0 1.81 TARGET CORP (CALLABLE) DTD 01/24/2022 1.950% 01/15/2027 38,489.04 39,975.55 164.67 39,932.00 01/24/2201/19/22A2A 40,000.00 87612EBM7 1.99 Page 10PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending March 31, 2025Managed 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 BANK OF NY MELLON CORP (CALLABLE) DTD 01/26/2022 2.050% 01/26/2027 456,903.45 474,615.85 1,758.16 473,945.50 01/28/2201/26/22Aa3A 475,000.00 06406RBA4 2.10 MICROSOFT CORP (CALLABLE) DTD 02/06/2017 3.300% 02/06/2027 740,109.00 736,663.16 3,781.25 721,942.50 03/17/2303/14/23AaaAAA 750,000.00 594918BY9 4.36 AMERICAN EXPRESS CO (CALLABLE) DTD 03/04/2022 2.550% 03/04/2027 289,845.60 289,368.56 573.75 277,203.00 01/18/2301/13/23A2A- 300,000.00 025816CS6 4.59 BERKSHIRE HATHAWAY FIN (CALLABLE) DTD 03/15/2022 2.300% 03/15/2027 459,126.93 471,510.93 485.56 466,089.00 03/17/2203/15/22Aa2AA 475,000.00 084664CZ2 2.70 CHARLES SCHWAB CORP (CALLABLE) DTD 09/24/2021 3.300% 04/01/2027 293,804.40 292,661.26 4,950.00 284,925.00 02/22/2302/17/23A2A- 300,000.00 808513BW4 4.66 NATIONAL AUSTRALIA BK/NY DTD 06/09/2022 3.905% 06/09/2027 495,870.00 494,180.96 6,074.44 488,325.00 01/18/2301/13/23Aa2AA- 500,000.00 63254ABE7 4.50 APPLE INC (CALLABLE) DTD 09/12/2017 2.900% 09/12/2027 753,204.68 757,085.85 1,186.18 741,062.75 01/23/2301/19/23AaaAA+ 775,000.00 037833DB3 3.94 TOYOTA MOTOR CREDIT CORP DTD 01/12/2023 4.625% 01/12/2028 377,412.75 375,724.48 3,805.99 376,282.50 02/10/2302/08/23A1A+ 375,000.00 89236TKQ7 4.55 NATIONAL RURAL UTIL COOP (CALLABLE) DTD 02/07/2018 3.400% 02/07/2028 340,668.30 338,038.05 1,785.00 329,189.00 02/22/2302/17/23A1A- 350,000.00 637432NP6 4.76 TEXAS INSTRUMENTS INC (CALLABLE) DTD 11/18/2022 4.600% 02/15/2028 85,835.13 86,223.36 499.61 87,043.40 05/18/2305/11/23Aa3A+ 85,000.00 882508BV5 4.04 BRISTOL-MYERS SQUIBB CO (CALLABLE) DTD 07/15/2020 3.900% 02/20/2028 371,319.00 365,214.43 1,665.63 358,263.75 03/13/2303/09/23A2A 375,000.00 110122DE5 4.93 LOCKHEED MARTIN CORP (CALLABLE) DTD 05/25/2023 4.450% 05/15/2028 60,236.04 59,932.18 1,008.67 59,892.00 05/25/2305/23/23A2A- 60,000.00 539830BZ1 4.49 JOHN DEERE CAPITAL CORP DTD 07/14/2023 4.950% 07/14/2028 382,278.38 376,894.52 3,970.31 377,865.00 07/25/2307/21/23A1A 375,000.00 24422EXB0 4.78 CITIBANK NA (CALLABLE) DTD 09/29/2023 5.803% 09/29/2028 780,699.00 747,282.63 241.79 746,280.00 10/04/2310/02/23Aa3A+ 750,000.00 17325FBB3 5.92 Page 11PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending March 31, 2025Managed 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 AIR PRODUCTS & CHEMICALS (CALLABLE) DTD 02/08/2024 4.600% 02/08/2029 342,494.24 339,642.74 2,302.56 339,547.80 02/08/2402/06/24A2A 340,000.00 009158BH8 4.63 CISCO SYSTEMS INC (CALLABLE) DTD 02/26/2024 4.850% 02/26/2029 427,077.00 419,883.35 1,980.42 419,853.00 02/26/2402/21/24A1AA- 420,000.00 17275RBR2 4.86 BLACKROCK FUNDING INC (CALLABLE) DTD 03/14/2024 4.700% 03/14/2029 50,716.45 49,926.90 110.97 49,909.50 03/14/2403/05/24Aa3AA- 50,000.00 09290DAA9 4.74 BLACKROCK FUNDING INC (CALLABLE) DTD 03/14/2024 4.700% 03/14/2029 735,388.53 725,289.86 1,609.10 725,355.25 03/14/2403/06/24Aa3AA- 725,000.00 09290DAA9 4.69 ADOBE INC (CALLABLE) DTD 04/04/2024 4.800% 04/04/2029 172,592.67 169,816.15 4,012.00 169,775.60 04/04/2404/02/24A1A+ 170,000.00 00724PAF6 4.83 ADOBE INC (CALLABLE) DTD 04/04/2024 4.800% 04/04/2029 208,126.45 204,749.50 4,838.00 204,694.55 04/04/2404/01/24A1A+ 205,000.00 00724PAF6 4.83 HOME DEPOT INC (CALLABLE) DTD 06/25/2024 4.750% 06/25/2029 126,402.13 124,305.31 1,583.33 124,193.75 06/25/2406/17/24A2A 125,000.00 437076DC3 4.90 HOME DEPOT INC (CALLABLE) DTD 06/25/2024 4.750% 06/25/2029 252,804.25 248,817.97 3,166.67 248,627.50 06/25/2406/18/24A2A 250,000.00 437076DC3 4.88 AMERICAN HONDA FINANCE DTD 09/05/2024 4.400% 09/05/2029 394,033.20 399,570.10 1,271.11 399,520.00 09/05/2409/03/24A3A- 400,000.00 02665WFQ9 4.43 MARS INC (CALLABLE) DTD 03/12/2025 4.800% 03/01/2030 115,523.48 114,876.99 291.33 114,875.80 03/12/2503/05/25A2A 115,000.00 571676AY1 4.83 70,574.64 11,335,241.49 11,320,297.06 3.87 11,328,984.35 11,400,000.00 Security Type Sub-Total Certificate of Deposit TORONTO DOMINION BANK NY DTD 10/31/2022 5.600% 10/27/2025 453,447.00 450,000.00 11,060.00 450,000.00 10/31/2210/27/22A2A- 450,000.00 89115B6K1 5.60 NORDEA BANK ABP NEW YORK DTD 11/03/2022 5.530% 11/03/2025 453,394.80 450,000.00 10,230.50 450,000.00 11/03/2211/02/22P-1A-1+ 450,000.00 65558UYF3 5.53 21,290.50 906,841.80 900,000.00 5.57 900,000.00 900,000.00 Security Type Sub-Total Page 12PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending March 31, 2025Managed 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 Bank Note MORGAN STANLEY BANK NA (CALLABLE) DTD 07/19/2024 4.968% 07/14/2028 529,323.90 525,409.28 5,578.65 525,525.00 07/19/2407/18/24Aa3A+ 525,000.00 61690U8E3 4.94 5,578.65 529,323.90 525,409.28 4.94 525,525.00 525,000.00 Security Type Sub-Total Asset-Backed Security HAROT 2021-4 A3 DTD 11/24/2021 0.880% 01/21/2026 5,100.12 5,117.32 1.25 5,116.45 11/24/2111/16/21AaaNR 5,117.53 43815GAC3 0.89 GMCAR 2021-4 A3 DTD 10/21/2021 0.680% 09/16/2026 8,719.13 8,765.13 2.48 8,764.98 10/21/2110/13/21AaaAAA 8,765.20 362554AC1 0.68 CARMX 2022-3 A3 DTD 07/20/2022 3.970% 04/15/2027 97,944.09 98,199.00 173.27 98,197.68 07/20/2207/12/22NRAAA 98,200.00 14318MAD1 3.97 NAROT 2022-B A3 DTD 09/28/2022 4.460% 05/17/2027 83,551.39 83,596.87 165.72 83,587.51 09/28/2209/20/22AaaAAA 83,604.81 65480JAC4 4.46 GMCAR 2022-4 A3 DTD 10/12/2022 4.820% 08/16/2027 158,048.83 157,967.73 317.28 157,954.53 10/12/2210/04/22NRAAA 157,980.42 36265QAD8 4.82 TAOT 2023-A A3 DTD 01/30/2023 4.630% 09/15/2027 193,247.28 193,154.90 397.47 193,154.86 01/30/2301/24/23NRAAA 193,154.95 891940AC2 4.63 COMET 2022-A3 A DTD 11/03/2022 4.950% 10/15/2027 245,485.10 244,980.28 539.00 244,961.56 11/03/2210/27/22NRAAA 245,000.00 14041NGB1 4.95 HDMOT 2023-A A3 DTD 02/23/2023 5.050% 12/15/2027 130,462.23 130,095.78 292.01 130,090.05 02/23/2302/13/23AaaNR 130,103.15 41285JAD0 5.05 FORDO 2023-A A3 DTD 03/31/2023 4.650% 02/15/2028 111,194.47 111,033.86 229.48 111,029.10 03/31/2303/28/23NRAAA 111,040.68 344928AD8 4.65 HAROT 2023-3 A3 DTD 08/22/2023 5.410% 02/18/2028 322,604.80 319,957.66 625.16 319,934.02 08/22/2308/15/23NRAAA 320,000.00 43815QAC1 5.42 DCENT 2023-A1 A DTD 04/11/2023 4.310% 03/15/2028 319,757.44 319,988.87 612.98 319,981.44 04/11/2304/04/23AaaNR 320,000.00 254683CY9 4.31 BACCT 2023-A1 A1 DTD 06/16/2023 4.790% 05/15/2028 170,757.86 169,975.54 361.91 169,961.51 06/16/2306/08/23NRAAA 170,000.00 05522RDG0 4.79 Page 13PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending March 31, 2025Managed 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 AMXCA 2023-1 A DTD 06/14/2023 4.870% 05/15/2028 191,043.86 189,989.31 411.24 189,983.15 06/14/2306/07/23NRAAA 190,000.00 02582JJZ4 4.87 COMET 2023-A1 A DTD 05/24/2023 4.420% 05/15/2028 490,165.13 489,929.48 962.58 489,887.64 05/24/2305/17/23NRAAA 490,000.00 14041NGD7 4.42 DCENT 2023-A2 A DTD 06/28/2023 4.930% 06/15/2028 352,411.85 349,969.47 766.89 349,952.72 06/28/2306/21/23AaaAAA 350,000.00 254683CZ6 4.93 HAROT 2023-4 A3 DTD 11/08/2023 5.670% 06/21/2028 86,020.17 84,989.26 133.88 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 353,071.60 349,985.30 860.22 349,978.30 08/23/2308/15/23AaaAAA 350,000.00 31680EAD3 5.53 CHAIT 2023-A1 A DTD 09/15/2023 5.160% 09/15/2028 409,530.74 404,919.41 928.80 404,887.73 09/15/2309/07/23NRAAA 405,000.00 161571HT4 5.17 AMXCA 2023-3 A DTD 09/19/2023 5.230% 09/15/2028 414,949.11 409,987.06 953.02 409,981.67 09/19/2309/12/23NRAAA 410,000.00 02582JKD1 5.23 BACCT 2023-A2 A2 DTD 12/14/2023 4.980% 11/15/2028 181,972.26 179,982.14 398.40 179,975.83 12/14/2312/07/23AaaNR 180,000.00 05522RDH8 4.98 AMXCA 2024-1 A DTD 04/23/2024 5.230% 04/16/2029 503,989.20 494,898.53 1,150.60 494,898.53 04/23/2404/16/24NRAAA 495,000.00 02582JKH2 5.23 VZMT 2025-3 A1A DTD 03/31/2025 4.510% 03/20/2030 415,129.69 414,931.53 51.99 414,982.16 03/31/2503/25/25AaaNR 415,000.00 92348KDY6 4.51 10,335.63 5,245,156.35 5,212,414.43 4.91 5,212,246.45 5,212,966.75 Security Type Sub-Total 55,252,775.65 53,908,403.23 4.09 307,199.78 54,154,387.70 54,416,539.15 Managed Account Sub-Total Joint Powers Authority CAMP Pool 415,719.68 415,719.68 0.00 415,719.68 NRAAAm 415,719.68 415,719.68 415,719.68 0.00 415,719.68 415,719.68 Liquid Sub-Total Page 14PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending March 31, 2025Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS $55,668,495.33 $54,324,122.91 $307,199.78 $54,570,107.38 $54,832,258.83 4.09% $55,139,458.61 $307,199.78 Total Investments Accrued Interest Securities Sub-Total Page 15PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending March 31, 2025Managed 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 (442.34) 470.05 49,501.30 99.00 GoldmanS 50,000.00 912828ZW3US TREASURY N/B DTD 06/30/2020 0.250% 06/30/2025 5.10 0.25 (3,026.85) 18,847.66 605,859.38 96.94 JPMorgan 625,000.00 912828U24US TREASURY N/B DTD 11/15/2016 2.000% 11/15/2026 3.96 1.57 (1,010.99) 2,773.49 195,343.80 97.67 BNPPSA 200,000.00 91282CEN7US TREASURY N/B DTD 05/02/2022 2.750% 04/30/2027 3.92 1.98 1,831.67 3,258.42 1,173,760.37 99.89 Citigrou 1,175,000.00 91282CFZ9US TREASURY N/B DTD 11/30/2022 3.875% 11/30/2027 3.91 2.48 9,353.21 14,624.62 1,198,734.00 99.89 HSBC 1,200,000.00 91282CFZ9US TREASURY N/B DTD 11/30/2022 3.875% 11/30/2027 3.91 2.48 5,654.73 7,265.77 400,906.40 100.23 JPMorgan 400,000.00 91282CGP0US TREASURY N/B DTD 02/28/2023 4.000% 02/29/2028 3.91 2.72 (438.45)(1,148.21) 601,359.60 100.23 Citigrou 600,000.00 91282CGP0US TREASURY N/B DTD 02/28/2023 4.000% 02/29/2028 3.91 2.72 13,818.22 17,771.99 1,353,059.10 100.23 Citigrou 1,350,000.00 91282CGP0US TREASURY N/B DTD 02/28/2023 4.000% 02/29/2028 3.91 2.72 57,441.01 72,161.07 2,455,551.70 100.23 HSBC 2,450,000.00 91282CGP0US TREASURY N/B DTD 02/28/2023 4.000% 02/29/2028 3.91 2.72 3,596.35 8,165.13 206,806.73 91.91 BMO 225,000.00 91282CCH2US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028 3.92 3.12 (12,261.00) 2,540.52 1,171,904.78 91.91 MorganSt 1,275,000.00 91282CCH2US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028 3.92 3.12 1,112.87 20,922.36 1,194,883.30 91.91 BMO 1,300,000.00 91282CCH2US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028 3.92 3.12 (28,555.62)(5,530.35) 2,205,938.40 91.91 BMO 2,400,000.00 91282CCH2US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028 3.92 3.12 38,393.00 100,254.99 2,665,508.90 91.91 BMO 2,900,000.00 91282CCH2US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028 3.92 3.12 8,135.57 9,749.85 1,191,843.60 99.32 Citigrou 1,200,000.00 91282CJR3US TREASURY N/B DTD 01/02/2024 3.750% 12/31/2028 3.94 3.44 19,359.42 21,000.81 1,365,654.13 99.32 MorganSt 1,375,000.00 91282CJR3US TREASURY N/B DTD 01/02/2024 3.750% 12/31/2028 3.94 3.44 19,205.73 20,281.07 1,464,974.43 99.32 JPMorgan 1,475,000.00 91282CJR3US TREASURY N/B DTD 01/02/2024 3.750% 12/31/2028 3.94 3.44 Page 16PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending March 31, 2025Managed 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 14,059.71 16,554.36 2,582,327.80 99.32 MorganSt 2,600,000.00 91282CJR3US TREASURY N/B DTD 01/02/2024 3.750% 12/31/2028 3.94 3.44 10,401.01 11,697.76 2,576,814.95 97.24 MorganSt 2,650,000.00 91282CEV9US TREASURY N/B DTD 06/30/2022 3.250% 06/30/2029 3.96 3.90 341,661.36 3.93 156,627.25 24,660,732.67 25,450,000.00 Security Type Sub-Total 3.10 Municipal Bond / Note (365.07)(365.07) 84,634.93 99.57 04/15/25JPMorgan 85,000.00 91412HGE7UNIV OF CALIFORNIA-BG (CALLABLE) DTD 07/16/2020 0.883% 05/15/2025 4.33 0.13 (558.67)(994.24) 64,465.31 99.18 BOFAML 65,000.00 341271AD6FLORIDA ST BRD OF ADM DTD 09/16/2020 1.258% 07/01/2025 4.55 0.25 (728.61)(1,262.76) 84,300.79 99.18 BOFAML 85,000.00 341271AD6FLORIDA ST BRD OF ADM DTD 09/16/2020 1.258% 07/01/2025 4.55 0.25 (1,316.16)(1,316.16) 158,683.84 99.18 BOFAML 160,000.00 341271AD6FLORIDA ST BRD OF ADM DTD 09/16/2020 1.258% 07/01/2025 4.55 0.25 (1,188.00)(1,188.00) 98,812.00 98.81 XCHANGE 100,000.00 60412AK85MINNESOTA ST-F-UNREF DTD 08/25/2020 0.630% 08/01/2025 4.22 0.33 (1,580.93)(1,580.93) 128,419.07 98.78 KEYB 130,000.00 798306WP7SAN JUAN CA UNIF SCH DTD 10/29/2020 0.852% 08/01/2025 4.52 0.33 (1,643.39)(1,643.39) 83,356.61 98.07 JPMorgan 85,000.00 13077DQD7CALIFORNIA ST UNIV-B DTD 07/29/2021 0.862% 11/01/2025 4.25 0.57 2,731.20 2,731.20 202,731.20 101.37 WellsFar 200,000.00 13063D3N6CA ST DTD 03/15/2023 4.846% 03/01/2027 4.16 1.81 (5,619.35) 4.37 (4,649.63) 905,403.75 910,000.00 Security Type Sub-Total 0.64 Federal Agency Commercial Mortgage-Backed Security (371.45) 7,200.17 255,383.27 98.64 RobertBa 258,903.32 3137BNGT5FHMS K054 A2 DTD 04/01/2016 2.745% 01/01/2026 4.39 0.72 (2,813.03) 10,724.11 537,563.95 97.74 BREAN 550,000.00 3137BSP72FHMS K058 A2 DTD 11/01/2016 2.653% 08/01/2026 4.26 1.31 (1,036.53) 4,957.84 361,793.81 98.27 Citigrou 368,168.65 3137BTUM1FHMS K061 A2 DTD 01/01/2017 3.347% 11/01/2026 4.39 1.49 Page 17PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending March 31, 2025Managed 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 6,667.50 20,689.76 539,494.45 98.09 MorganSt 550,000.00 3137BXQY1FHMS K064 A2 DTD 05/01/2017 3.224% 03/01/2027 4.22 1.74 1,380.96 12,072.40 539,105.60 98.02 Citigrou 550,000.00 3137F1G44FHMS K065 A2 DTD 07/01/2017 3.243% 04/01/2027 4.20 1.88 4,078.04 4,080.02 392,168.56 101.05 JPMorgan 388,091.65 3137HBC69FHMS KJ48 A1 DTD 12/01/2023 4.858% 05/01/2028 4.36 2.57 2,643.66 2,647.35 436,918.90 100.61 JPMorgan 434,282.37 3137HAD45FHMS KJ46 A1 DTD 07/01/2023 4.777% 06/01/2028 4.37 2.07 3,812.67 1,921.70 557,415.10 101.35 JPMorgan 550,000.00 3137HACX2FHMS K505 A2 DTD 07/01/2023 4.819% 06/01/2028 4.27 2.86 2,499.78 5,478.55 521,934.92 99.35 JPMorgan 525,362.91 3136BQDE6FNA 2023-M6 A2 DTD 07/01/2023 4.182% 07/01/2028 4.34 2.99 13,907.71 16,889.50 505,921.50 101.18 BMO 500,000.00 3137HAQ74FHMS K508 A2 DTD 10/01/2023 4.740% 08/01/2028 4.28 3.02 15,692.41 19,073.60 807,239.20 100.90 WellsFar 800,000.00 3137HAMH6FHMS K506 A2 DTD 09/01/2023 4.650% 08/01/2028 4.28 3.00 14,683.25 17,666.25 380,710.13 101.52 MorganSt 375,000.00 3137HAST4FHMS K509 A2 DTD 10/01/2023 4.850% 09/01/2028 4.29 3.10 11,297.63 12,876.50 506,900.00 101.38 BOFAML 500,000.00 3137HAMS2FHMS K507 A2 DTD 09/01/2023 4.800% 09/01/2028 4.28 3.06 4,337.78 4,468.32 183,947.94 102.19 JPMorgan 180,000.00 3137HB3D4FHMS K510 A2 DTD 11/01/2023 5.069% 10/01/2028 4.31 3.13 4,862.89 5,056.97 279,266.90 101.55 BOFAML 275,000.00 3137HB3G7FHMS K511 A2 DTD 12/01/2023 4.860% 10/01/2028 4.31 3.16 (385.58)(1,010.07) 291,889.64 100.65 JPMorgan 290,000.00 3137HBLV4FHMS K514 A2 DTD 02/01/2024 4.572% 12/01/2028 4.31 3.26 3,109.10 2,801.48 445,503.52 101.25 PIER 440,000.00 3137HDV56FHMS K524 A2 DTD 07/01/2024 4.720% 05/01/2029 4.33 3.67 8,372.65 8,374.30 558,372.65 101.52 MorganSt 550,000.00 3137HDJJ0FHMS K522 A2 DTD 06/01/2024 4.803% 05/01/2029 4.33 3.57 (1,085.62)(1,617.66) 498,012.57 100.61 BMO 495,000.00 3137HDXL9FHMS K526 A2 DTD 08/01/2024 4.543% 07/01/2029 4.34 3.82 154,351.09 4.30 91,653.82 8,599,542.61 8,579,808.90 Security Type Sub-Total 2.68 Page 18PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending March 31, 2025Managed 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 (4,891.03)(2,904.02) 419,979.48 98.82 WellsFar 425,000.00 3137EAEU9FREDDIE MAC DTD 07/23/2020 0.375% 07/21/2025 4.45 0.30 (5,251.46)(3,744.65) 344,617.35 98.46 Barclays 350,000.00 3135G05X7FANNIE MAE DTD 08/27/2020 0.375% 08/25/2025 4.18 0.39 (2,468.70)(2,057.10) 147,492.90 98.33 WellsFar 150,000.00 3130AK5E2FEDERAL HOME LOAN BANK DTD 09/11/2020 0.375% 09/04/2025 4.36 0.42 (12,826.84)(10,921.40) 686,971.60 98.14 Citigrou 700,000.00 3137EAEX3FREDDIE MAC DTD 09/25/2020 0.375% 09/23/2025 4.36 0.47 (14,484.73)(12,437.75) 635,235.25 97.73 Barclays 650,000.00 3135G06G3FANNIE MAE DTD 11/12/2020 0.500% 11/07/2025 4.38 0.59 (32,064.92) 4.36 (39,922.76) 2,234,296.58 2,275,000.00 Security Type Sub-Total 0.46 Corporate Note (18.36) 24.83 24,981.08 99.92 MorganSt 25,000.00 437076CM2HOME DEPOT INC (CALLABLE) DTD 03/28/2022 2.700% 04/15/2025 4.59 0.04 (75.06)(61.16) 64,924.54 99.88 04/01/25KEYB 65,000.00 17252MAP5CINTAS CORPORATION NO. 2 (CALLABLE) DTD 05/03/2022 3.450% 05/01/2025 4.90 0.08 (213.98) 500.85 224,765.10 99.90 BOFAML 225,000.00 90327QD89USAA CAPITAL CORP DTD 05/26/2022 3.375% 05/01/2025 4.59 0.09 (357.30)(27,604.80) 224,642.70 99.84 JPMorgan 225,000.00 369550BG2GENERAL DYNAMICS CORP (CALLABLE) DTD 05/11/2018 3.500% 05/15/2025 4.79 0.12 (2,932.22)(2,707.50) 472,059.75 99.38 05/03/25GoldmanS 475,000.00 023135BQ8AMAZON.COM INC (CALLABLE) DTD 06/03/2020 0.800% 06/03/2025 4.42 0.17 (565.75)(565.75) 249,434.25 99.77 Citigrou 250,000.00 63254ABD9NATIONAL AUSTRALIA BK/NY DTD 06/09/2022 3.500% 06/09/2025 4.72 0.19 (131.76)(119.15) 49,867.35 99.73 RBC Capi 50,000.00 63743HFE7NATIONAL RURAL UTIL COOP DTD 05/04/2022 3.450% 06/15/2025 4.75 0.20 (480.60)(480.60) 224,519.40 99.79 JPMorgan 225,000.00 459200KS9IBM CORP DTD 07/27/2022 4.000% 07/27/2025 4.62 0.32 (2,673.05)(32,440.95) 224,477.55 99.77 BOFAML 225,000.00 06051GFS3BANK OF AMERICA CORP DTD 07/30/2015 3.875% 08/01/2025 4.60 0.33 (1,977.22)(33,390.45) 224,455.05 99.76 06/15/25US_BANC 225,000.00 002824BM1ABBOTT LABORATORIES (CALLABLE) DTD 03/22/2017 3.875% 09/15/2025 4.41 0.41 Page 19PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending March 31, 2025Managed 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 (7,687.03)(7,383.60) 217,224.90 96.54 04/15/26Citigrou 225,000.00 91324PEC2UNITEDHEALTH GROUP INC (CALLABLE) DTD 05/19/2021 1.150% 05/15/2026 4.32 1.10 (7,480.38)(7,442.23) 167,505.27 95.72 07/12/26SUMITR 175,000.00 05565EBW4BMW US CAPITAL LLC (CALLABLE) DTD 08/12/2021 1.250% 08/12/2026 4.47 1.32 (9,172.32)(8,439.30) 215,424.45 95.74 JPMorgan 225,000.00 14913R2U0CATERPILLAR FINL SERVICE DTD 01/10/2022 1.700% 01/08/2027 4.22 1.71 (1,486.51)(1,442.96) 38,489.04 96.22 12/15/26Citigrou 40,000.00 87612EBM7TARGET CORP (CALLABLE) DTD 01/24/2022 1.950% 01/15/2027 4.16 1.72 (17,712.40)(17,042.05) 456,903.45 96.19 12/24/26Deutsche 475,000.00 06406RBA4BANK OF NY MELLON CORP (CALLABLE) DTD 01/26/2022 2.050% 01/26/2027 4.27 1.75 3,445.84 18,166.50 740,109.00 98.68 11/06/26GoldmanS 750,000.00 594918BY9MICROSOFT CORP (CALLABLE) DTD 02/06/2017 3.300% 02/06/2027 4.05 1.69 477.04 12,642.60 289,845.60 96.62 02/01/27RBS 300,000.00 025816CS6AMERICAN EXPRESS CO (CALLABLE) DTD 03/04/2022 2.550% 03/04/2027 4.40 1.83 (12,384.00)(6,962.07) 459,126.93 96.66 02/15/27SEEL 475,000.00 084664CZ2BERKSHIRE HATHAWAY FIN (CALLABLE) DTD 03/15/2022 2.300% 03/15/2027 4.12 1.87 1,143.14 8,879.40 293,804.40 97.93 01/01/27Barclays 300,000.00 808513BW4CHARLES SCHWAB CORP (CALLABLE) DTD 09/24/2021 3.300% 04/01/2027 4.39 1.85 1,689.04 7,545.00 495,870.00 99.17 CAS 500,000.00 63254ABE7NATIONAL AUSTRALIA BK/NY DTD 06/09/2022 3.905% 06/09/2027 4.28 2.05 (3,881.17) 12,141.93 753,204.68 97.19 06/12/27TD Secur 775,000.00 037833DB3APPLE INC (CALLABLE) DTD 09/12/2017 2.900% 09/12/2027 4.13 2.27 1,688.27 1,130.25 377,412.75 100.64 WellsFar 375,000.00 89236TKQ7TOYOTA MOTOR CREDIT CORP DTD 01/12/2023 4.625% 01/12/2028 4.33 2.57 2,630.25 11,479.30 340,668.30 97.33 11/07/27MorganSt 350,000.00 637432NP6NATIONAL RURAL UTIL COOP (CALLABLE) DTD 02/07/2018 3.400% 02/07/2028 4.38 2.60 (388.23)(1,208.27) 85,835.13 100.98 01/15/28JPMorgan 85,000.00 882508BV5TEXAS INSTRUMENTS INC (CALLABLE) DTD 11/18/2022 4.600% 02/15/2028 4.22 2.62 6,104.57 13,055.25 371,319.00 99.02 11/20/27MAXE 375,000.00 110122DE5BRISTOL-MYERS SQUIBB CO (CALLABLE) DTD 07/15/2020 3.900% 02/20/2028 4.23 2.59 303.86 344.04 60,236.04 100.39 04/15/28Barclays 60,000.00 539830BZ1LOCKHEED MARTIN CORP (CALLABLE) DTD 05/25/2023 4.450% 05/15/2028 4.29 2.80 5,383.86 4,413.38 382,278.38 101.94 Citigrou 375,000.00 24422EXB0JOHN DEERE CAPITAL CORP DTD 07/14/2023 4.950% 07/14/2028 4.30 2.98 Page 20PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending March 31, 2025Managed 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 33,416.37 34,419.00 780,699.00 104.09 08/29/28Barclays 750,000.00 17325FBB3CITIBANK NA (CALLABLE) DTD 09/29/2023 5.803% 09/29/2028 4.52 3.10 2,851.50 2,946.44 342,494.24 100.73 01/08/29Barclays 340,000.00 009158BH8AIR PRODUCTS & CHEMICALS (CALLABLE) DTD 02/08/2024 4.600% 02/08/2029 4.40 3.45 7,193.65 7,224.00 427,077.00 101.69 01/26/29Citigrou 420,000.00 17275RBR2CISCO SYSTEMS INC (CALLABLE) DTD 02/26/2024 4.850% 02/26/2029 4.36 3.48 789.55 806.95 50,716.45 101.43 02/14/29Citigrou 50,000.00 09290DAA9BLACKROCK FUNDING INC (CALLABLE) DTD 03/14/2024 4.700% 03/14/2029 4.32 3.53 10,098.67 10,033.28 735,388.53 101.43 02/14/29BOFAML 725,000.00 09290DAA9BLACKROCK FUNDING INC (CALLABLE) DTD 03/14/2024 4.700% 03/14/2029 4.32 3.53 2,776.52 2,817.07 172,592.67 101.53 03/04/29SEEL 170,000.00 00724PAF6ADOBE INC (CALLABLE) DTD 04/04/2024 4.800% 04/04/2029 4.36 3.50 3,376.95 3,431.90 208,126.45 101.53 03/04/29BOFAML 205,000.00 00724PAF6ADOBE INC (CALLABLE) DTD 04/04/2024 4.800% 04/04/2029 4.36 3.50 2,096.82 2,208.38 126,402.13 101.12 05/25/29MorganSt 125,000.00 437076DC3HOME DEPOT INC (CALLABLE) DTD 06/25/2024 4.750% 06/25/2029 4.45 3.72 3,986.28 4,176.75 252,804.25 101.12 05/25/29PNCBank 250,000.00 437076DC3HOME DEPOT INC (CALLABLE) DTD 06/25/2024 4.750% 06/25/2029 4.45 3.72 (5,536.90)(5,486.80) 394,033.20 98.51 Deutsche 400,000.00 02665WFQ9AMERICAN HONDA FINANCE DTD 09/05/2024 4.400% 09/05/2029 4.74 3.96 646.49 647.68 115,523.48 100.46 02/01/30BOFAML 115,000.00 571676AY1MARS INC (CALLABLE) DTD 03/12/2025 4.800% 03/01/2030 4.68 4.30 6,257.14 4.37 14,944.43 11,335,241.49 11,400,000.00 Security Type Sub-Total 2.21 Certificate of Deposit 3,447.00 3,447.00 453,447.00 100.77 TD Secur 450,000.00 89115B6K1TORONTO DOMINION BANK NY DTD 10/31/2022 5.600% 10/27/2025 4.18 0.57 3,394.80 3,394.80 453,394.80 100.75 WellsFar 450,000.00 65558UYF3NORDEA BANK ABP NEW YORK DTD 11/03/2022 5.530% 11/03/2025 4.24 0.57 6,841.80 4.21 6,841.80 906,841.80 900,000.00 Security Type Sub-Total 0.57 Bank Note Page 21PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending March 31, 2025Managed 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 Bank Note 3,914.62 3,798.90 529,323.90 100.82 07/14/27Citigrou 525,000.00 61690U8E3MORGAN STANLEY BANK NA (CALLABLE) DTD 07/19/2024 4.968% 07/14/2028 4.80 2.13 3,798.90 4.80 3,914.62 529,323.90 525,000.00 Security Type Sub-Total 2.13 Asset-Backed Security (17.20)(16.33) 5,100.12 99.66 BOFAML 5,117.53 43815GAC3HAROT 2021-4 A3 DTD 11/24/2021 0.880% 01/21/2026 15.65 0.09 (46.00)(45.85) 8,719.13 99.47 JPMorgan 8,765.20 362554AC1GMCAR 2021-4 A3 DTD 10/21/2021 0.680% 09/16/2026 4.76 0.13 (254.91)(253.59) 97,944.09 99.74 RBC Capi 98,200.00 14318MAD1CARMX 2022-3 A3 DTD 07/20/2022 3.970% 04/15/2027 4.55 0.46 (45.48)(36.12) 83,551.39 99.94 WellsFar 83,604.81 65480JAC4NAROT 2022-B A3 DTD 09/28/2022 4.460% 05/17/2027 4.59 0.55 81.10 94.30 158,048.83 100.04 RBC Capi 157,980.42 36265QAD8GMCAR 2022-4 A3 DTD 10/12/2022 4.820% 08/16/2027 4.74 0.47 92.38 92.42 193,247.28 100.05 BOFAML 193,154.95 891940AC2TAOT 2023-A A3 DTD 01/30/2023 4.630% 09/15/2027 4.58 0.68 504.82 523.54 245,485.10 100.20 RBC Capi 245,000.00 14041NGB1COMET 2022-A3 A DTD 11/03/2022 4.950% 10/15/2027 4.62 0.52 366.45 372.18 130,462.23 100.28 JPMorgan 130,103.15 41285JAD0HDMOT 2023-A A3 DTD 02/23/2023 5.050% 12/15/2027 4.65 0.65 160.61 165.37 111,194.47 100.14 BNPPSA 111,040.68 344928AD8FORDO 2023-A A3 DTD 03/31/2023 4.650% 02/15/2028 4.48 0.73 2,647.14 2,670.78 322,604.80 100.81 BOFAML 320,000.00 43815QAC1HAROT 2023-3 A3 DTD 08/22/2023 5.410% 02/18/2028 4.50 0.86 (231.43)(224.00) 319,757.44 99.92 RBC Capi 320,000.00 254683CY9DCENT 2023-A1 A DTD 04/11/2023 4.310% 03/15/2028 4.49 0.92 782.32 796.35 170,757.86 100.45 BOFAML 170,000.00 05522RDG0BACCT 2023-A1 A1 DTD 06/16/2023 4.790% 05/15/2028 4.41 1.07 1,054.55 1,060.71 191,043.86 100.55 RBC Capi 190,000.00 02582JJZ4AMXCA 2023-1 A DTD 06/14/2023 4.870% 05/15/2028 4.39 1.07 235.65 277.49 490,165.13 100.03 RBC Capi 490,000.00 14041NGD7COMET 2023-A1 A DTD 05/24/2023 4.420% 05/15/2028 4.44 1.07 Page 22PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending March 31, 2025Managed 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 2,442.38 2,459.13 352,411.85 100.69 BOFAML 350,000.00 254683CZ6DCENT 2023-A2 A DTD 06/28/2023 4.930% 06/15/2028 4.37 1.15 1,030.91 1,035.14 86,020.17 101.20 JPMorgan 85,000.00 438123AC5HAROT 2023-4 A3 DTD 11/08/2023 5.670% 06/21/2028 4.61 1.08 3,086.30 3,093.30 353,071.60 100.88 JPMorgan 350,000.00 31680EAD3FITAT 2023-1 A3 DTD 08/23/2023 5.530% 08/15/2028 4.57 0.90 4,611.33 4,643.01 409,530.74 101.12 JPMorgan 405,000.00 161571HT4CHAIT 2023-A1 A DTD 09/15/2023 5.160% 09/15/2028 4.39 1.38 4,962.05 4,967.44 414,949.11 101.21 Citigrou 410,000.00 02582JKD1AMXCA 2023-3 A DTD 09/19/2023 5.230% 09/15/2028 4.43 1.37 1,990.12 1,996.43 181,972.26 101.10 BOFAML 180,000.00 05522RDH8BACCT 2023-A2 A2 DTD 12/14/2023 4.980% 11/15/2028 4.31 1.53 9,090.67 9,090.67 503,989.20 101.82 Barclays 495,000.00 02582JKH2AMXCA 2024-1 A DTD 04/23/2024 5.230% 04/16/2029 4.31 1.90 198.16 147.53 415,129.69 100.03 BOFAML 415,000.00 92348KDY6VZMT 2025-3 A1A DTD 03/31/2025 4.510% 03/20/2030 4.57 2.36 32,909.90 4.48 32,741.92 5,245,156.35 5,212,966.75 Security Type Sub-Total 1.19 55,252,775.65 54,416,539.15 508,135.92 262,151.45 4.17 Managed Account Sub-Total 2.46 Joint Powers Authority 0.00 0.00 415,719.68 1.00 415,719.68 CAMP Pool 0.00 415,719.68 415,719.68 0.00 0.00 Liquid Sub-Total 0.00 Total Investments $55,139,458.61 $307,199.78 $54,832,258.83 Accrued Interest Securities Sub-Total $55,668,495.33 $508,135.92 $262,151.45 4.17% 2.46 Page 23PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending March 31, 2025Managed 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 03/06/25 US TREASURY N/B DTD 06/30/2022 3.250% 06/30/2029 91282CEV9 (2,565,117.19)(15,464.43)(2,580,581.62) 2,650,000.00 03/03/25 03/12/25 MARS INC (CALLABLE) DTD 03/12/2025 4.800% 03/01/2030 571676AY1 (114,875.80) 0.00 (114,875.80) 115,000.00 03/05/25 03/31/25 VZMT 2025-3 A1A DTD 03/31/2025 4.510% 03/20/2030 92348KDY6 (414,982.16) 0.00 (414,982.16) 415,000.00 03/25/25 (15,464.43) (3,110,439.58)(3,094,975.15) 3,180,000.00 Transaction Type Sub-Total INTEREST 03/01/25 CA ST DTD 03/15/2023 4.846% 03/01/2027 13063D3N6 0.00 4,846.00 4,846.00 03/01/25 03/25/25 FHMS K524 A2 DTD 07/01/2024 4.720% 05/01/2029 3137HDV56 0.00 1,730.67 1,730.67 03/01/25 03/25/25 FHMS K505 A2 DTD 07/01/2023 4.819% 06/01/2028 3137HACX2 0.00 2,208.71 2,208.71 03/01/25 03/25/25 FHMS K508 A2 DTD 10/01/2023 4.740% 08/01/2028 3137HAQ74 0.00 1,975.00 1,975.00 03/01/25 03/25/25 FHMS K506 A2 DTD 09/01/2023 4.650% 08/01/2028 3137HAMH6 0.00 3,100.00 3,100.00 03/01/25 03/25/25 FHMS K061 A2 DTD 01/01/2017 3.347% 11/01/2026 3137BTUM1 0.00 1,029.31 1,029.31 03/01/25 03/25/25 FHMS KJ48 A1 DTD 12/01/2023 4.858% 05/01/2028 3137HBC69 0.00 1,578.20 1,578.20 03/01/25 03/25/25 FHMS K526 A2 DTD 08/01/2024 4.543% 07/01/2029 3137HDXL9 0.00 1,873.99 1,873.99 03/01/25 03/25/25 FHMS K065 A2 DTD 07/01/2017 3.243% 04/01/2027 3137F1G44 0.00 1,486.38 1,486.38 03/01/25 03/25/25 FHMS K064 A2 DTD 05/01/2017 3.224% 03/01/2027 3137BXQY1 0.00 1,477.67 1,477.67 03/01/25 03/25/25 FHMS K054 A2 DTD 04/01/2016 2.745% 01/01/2026 3137BNGT5 0.00 593.58 593.58 03/01/25 03/25/25 FHMS K514 A2 DTD 02/01/2024 4.572% 12/01/2028 3137HBLV4 0.00 1,104.90 1,104.90 03/01/25 Page 24PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending March 31, 2025Managed 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 03/25/25 FHMS K511 A2 DTD 12/01/2023 4.860% 10/01/2028 3137HB3G7 0.00 1,113.75 1,113.75 03/01/25 03/25/25 FHMS K522 A2 DTD 06/01/2024 4.803% 05/01/2029 3137HDJJ0 0.00 2,201.38 2,201.38 03/01/25 03/25/25 FHMS K509 A2 DTD 10/01/2023 4.850% 09/01/2028 3137HAST4 0.00 1,515.63 1,515.63 03/01/25 03/25/25 FHMS KJ46 A1 DTD 07/01/2023 4.777% 06/01/2028 3137HAD45 0.00 1,730.98 1,730.98 03/01/25 03/25/25 FHMS K510 A2 DTD 11/01/2023 5.069% 10/01/2028 3137HB3D4 0.00 760.35 760.35 03/01/25 03/25/25 FHMS K058 A2 DTD 11/01/2016 2.653% 08/01/2026 3137BSP72 0.00 1,215.96 1,215.96 03/01/25 03/25/25 FNA 2023-M6 A2 DTD 07/01/2023 4.182% 07/01/2028 3136BQDE6 0.00 1,830.71 1,830.71 03/01/25 03/25/25 FHMS K507 A2 DTD 09/01/2023 4.800% 09/01/2028 3137HAMS2 0.00 2,000.00 2,000.00 03/01/25 03/04/25 FEDERAL HOME LOAN BANK DTD 09/11/2020 0.375% 09/04/2025 3130AK5E2 0.00 281.25 281.25 03/04/25 03/04/25 AMERICAN EXPRESS CO (CALLABLE) DTD 03/04/2022 2.550% 03/04/2027 025816CS6 0.00 3,825.00 3,825.00 03/04/25 03/05/25 AMERICAN HONDA FINANCE DTD 09/05/2024 4.400% 09/05/2029 02665WFQ9 0.00 8,800.00 8,800.00 03/05/25 03/10/25 ROCHE HOLDINGS INC (CALLABLE) DTD 03/10/2022 2.132% 03/10/2025 771196BT8 0.00 4,370.60 4,370.60 03/10/25 03/12/25 APPLE INC (CALLABLE) DTD 09/12/2017 2.900% 09/12/2027 037833DB3 0.00 11,237.50 11,237.50 03/12/25 03/14/25 BLACKROCK FUNDING INC (CALLABLE) DTD 03/14/2024 4.700% 03/14/2029 09290DAA9 0.00 18,212.50 18,212.50 03/14/25 03/15/25 BACCT 2023-A2 A2 DTD 12/14/2023 4.980% 11/15/2028 05522RDH8 0.00 747.00 747.00 03/15/25 03/15/25 COMET 2022-A3 A DTD 11/03/2022 4.950% 10/15/2027 14041NGB1 0.00 1,010.63 1,010.63 03/15/25 03/15/25 AMXCA 2023-3 A DTD 09/19/2023 5.230% 09/15/2028 02582JKD1 0.00 1,786.92 1,786.92 03/15/25 Page 25PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending March 31, 2025Managed 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 03/15/25 HART 2021-C A3 DTD 11/17/2021 0.740% 05/15/2026 44935FAD6 0.00 1.03 1.03 03/15/25 03/15/25 DCENT 2023-A1 A DTD 04/11/2023 4.310% 03/15/2028 254683CY9 0.00 1,149.33 1,149.33 03/15/25 03/15/25 CARMX 2022-3 A3 DTD 07/20/2022 3.970% 04/15/2027 14318MAD1 0.00 357.52 357.52 03/15/25 03/15/25 BERKSHIRE HATHAWAY FIN (CALLABLE) DTD 03/15/2022 2.300% 03/15/2027 084664CZ2 0.00 5,462.50 5,462.50 03/15/25 03/15/25 NY ST URBAN DEV-F-1 DTD 12/23/2020 0.870% 03/15/2025 650036DT0 0.00 1,413.75 1,413.75 03/15/25 03/15/25 AMXCA 2024-1 A DTD 04/23/2024 5.230% 04/16/2029 02582JKH2 0.00 2,157.37 2,157.37 03/15/25 03/15/25 FITAT 2023-1 A3 DTD 08/23/2023 5.530% 08/15/2028 31680EAD3 0.00 1,612.92 1,612.92 03/15/25 03/15/25 COMET 2023-A1 A DTD 05/24/2023 4.420% 05/15/2028 14041NGD7 0.00 1,804.83 1,804.83 03/15/25 03/15/25 TAOT 2023-A A3 DTD 01/30/2023 4.630% 09/15/2027 891940AC2 0.00 794.29 794.29 03/15/25 03/15/25 DCENT 2023-A2 A DTD 06/28/2023 4.930% 06/15/2028 254683CZ6 0.00 1,437.92 1,437.92 03/15/25 03/15/25 HDMOT 2023-A A3 DTD 02/23/2023 5.050% 12/15/2027 41285JAD0 0.00 587.81 587.81 03/15/25 03/15/25 BACCT 2023-A1 A1 DTD 06/16/2023 4.790% 05/15/2028 05522RDG0 0.00 678.58 678.58 03/15/25 03/15/25 CHAIT 2023-A1 A DTD 09/15/2023 5.160% 09/15/2028 161571HT4 0.00 1,741.50 1,741.50 03/15/25 03/15/25 AMXCA 2023-1 A DTD 06/14/2023 4.870% 05/15/2028 02582JJZ4 0.00 771.08 771.08 03/15/25 03/15/25 NAROT 2022-B A3 DTD 09/28/2022 4.460% 05/17/2027 65480JAC4 0.00 334.78 334.78 03/15/25 03/15/25 FORDO 2023-A A3 DTD 03/31/2023 4.650% 02/15/2028 344928AD8 0.00 458.65 458.65 03/15/25 Page 26PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending March 31, 2025Managed 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 03/15/25 ABBOTT LABORATORIES (CALLABLE) DTD 03/22/2017 3.875% 09/15/2025 002824BM1 0.00 4,359.38 4,359.38 03/15/25 03/16/25 GMCAR 2022-4 A3 DTD 10/12/2022 4.820% 08/16/2027 36265QAD8 0.00 694.31 694.31 03/16/25 03/16/25 GMCAR 2021-4 A3 DTD 10/21/2021 0.680% 09/16/2026 362554AC1 0.00 6.65 6.65 03/16/25 03/18/25 HAROT 2023-3 A3 DTD 08/22/2023 5.410% 02/18/2028 43815QAC1 0.00 1,442.67 1,442.67 03/18/25 03/21/25 HAROT 2021-4 A3 DTD 11/24/2021 0.880% 01/21/2026 43815GAC3 0.00 6.22 6.22 03/21/25 03/21/25 HAROT 2023-4 A3 DTD 11/08/2023 5.670% 06/21/2028 438123AC5 0.00 401.63 401.63 03/21/25 03/23/25 FREDDIE MAC DTD 09/25/2020 0.375% 09/23/2025 3137EAEX3 0.00 1,312.50 1,312.50 03/23/25 03/29/25 CITIBANK NA (CALLABLE) DTD 09/29/2023 5.803% 09/29/2028 17325FBB3 0.00 21,761.25 21,761.25 03/29/25 136,393.04 136,393.04 0.00 Transaction Type Sub-Total MATURITY 03/10/25 ROCHE HOLDINGS INC (CALLABLE) DTD 03/10/2022 2.132% 03/10/2025 771196BT8 410,000.00 0.00 410,000.00 0.00 0.00 410,000.00 03/10/25 03/15/25 NY ST URBAN DEV-F-1 DTD 12/23/2020 0.870% 03/15/2025 650036DT0 325,000.00 0.00 325,000.00 0.00 0.00 325,000.00 03/15/25 0.00 0.00 0.00 735,000.00 735,000.00 735,000.00 Transaction Type Sub-Total PAYDOWNS 03/25/25 FHMS KJ46 A1 DTD 07/01/2023 4.777% 06/01/2028 3137HAD45 545.12 0.00 545.12 0.01 0.01 545.12 03/01/25 03/25/25 FHMS KJ48 A1 DTD 12/01/2023 4.858% 05/01/2028 3137HBC69 1,746.66 0.00 1,746.66 0.01 0.01 1,746.66 03/01/25 03/25/25 FHMS K061 A2 DTD 01/01/2017 3.347% 11/01/2026 3137BTUM1 871.63 0.00 871.63 26.83 13.28 871.63 03/01/25 Page 27PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending March 31, 2025Managed 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 03/25/25 FNA 2023-M6 A2 DTD 07/01/2023 4.182% 07/01/2028 3136BQDE6 3.79 0.00 3.79 0.07 0.05 3.79 03/01/25 03/25/25 FHMS K054 A2 DTD 04/01/2016 2.745% 01/01/2026 3137BNGT5 584.36 0.00 584.36 24.20 7.83 584.36 03/01/25 03/15/25 CARMX 2022-3 A3 DTD 07/20/2022 3.970% 04/15/2027 14318MAD1 9,867.15 0.00 9,867.15 0.23 0.10 9,867.15 03/15/25 03/15/25 NAROT 2022-B A3 DTD 09/28/2022 4.460% 05/17/2027 65480JAC4 6,471.73 0.00 6,471.73 1.34 0.63 6,471.73 03/15/25 03/15/25 HDMOT 2023-A A3 DTD 02/23/2023 5.050% 12/15/2027 41285JAD0 9,573.64 0.00 9,573.64 0.97 0.55 9,573.64 03/15/25 03/15/25 HART 2021-C A3 DTD 11/17/2021 0.740% 05/15/2026 44935FAD6 1,669.76 0.00 1,669.76 0.37 0.10 1,669.76 03/15/25 03/15/25 FORDO 2023-A A3 DTD 03/31/2023 4.650% 02/15/2028 344928AD8 7,321.61 0.00 7,321.61 0.77 0.46 7,321.61 03/15/25 03/15/25 TAOT 2023-A A3 DTD 01/30/2023 4.630% 09/15/2027 891940AC2 12,707.52 0.00 12,707.52 0.00 0.00 12,707.52 03/15/25 03/16/25 GMCAR 2022-4 A3 DTD 10/12/2022 4.820% 08/16/2027 36265QAD8 14,877.52 0.00 14,877.52 2.44 1.21 14,877.52 03/16/25 03/16/25 GMCAR 2021-4 A3 DTD 10/21/2021 0.680% 09/16/2026 362554AC1 2,968.70 0.00 2,968.70 0.07 0.02 2,968.70 03/16/25 03/21/25 HAROT 2021-4 A3 DTD 11/24/2021 0.880% 01/21/2026 43815GAC3 3,365.20 0.00 3,365.20 0.71 0.14 3,365.20 03/21/25 0.00 24.39 58.02 72,574.39 72,574.39 72,574.39 Transaction Type Sub-Total SELL 03/06/25 US TREASURY N/B DTD 08/01/2022 2.750% 07/31/2027 91282CFB2 801,055.66 2,130.87 803,186.53 14,276.36 (1,833.82)FIFO 825,000.00 03/03/25 03/06/25 US TREASURY N/B DTD 08/01/2022 2.750% 07/31/2027 91282CFB2 364,116.21 968.58 365,084.79 1,787.11 (3,705.25)FIFO 375,000.00 03/03/25 03/06/25 US TREASURY N/B DTD 08/01/2022 2.750% 07/31/2027 91282CFB2 388,390.63 1,033.15 389,423.78 15,125.01 2,971.51 FIFO 400,000.00 03/03/25 03/06/25 US TREASURY N/B DTD 08/01/2022 2.750% 07/31/2027 91282CFB2 582,585.94 1,549.72 584,135.66 16,945.31 2,877.64 FIFO 600,000.00 03/03/25 Page 28PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending March 31, 2025Managed 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 5,682.32 310.08 48,133.79 2,141,830.76 2,136,148.44 2,200,000.00 Transaction Type Sub-Total (151,252.32) 126,610.93 (24,641.39) 48,191.81 334.47 Managed Account Sub-Total Total Security Transactions $48,191.81 ($24,641.39)$126,610.93 ($151,252.32)$334.47 Page 29PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending March 31, 2025Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Total Settlement Dollar AmountShare or Trade Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool 442,285.89 Opening Balance 03/03/25 03/03/25 Purchase - Interest 13063D3N6 1.00 4,846.00 447,131.89 03/04/25 03/04/25 Purchase - Interest 025816CS6 1.00 3,825.00 450,956.89 03/04/25 03/04/25 Purchase - Interest 3130AK5E2 1.00 281.25 451,238.14 03/05/25 03/05/25 Purchase - Interest 02665WFQ9 1.00 8,800.00 460,038.14 03/06/25 03/06/25 Purchase - Principal 91282CFB2 1.00 2,136,148.44 2,596,186.58 03/06/25 03/06/25 Purchase - Interest 91282CFB2 1.00 5,682.32 2,601,868.90 03/06/25 03/06/25 Redemption - Interest 91282CEV9 1.00 (15,464.43) 2,586,404.47 03/06/25 03/06/25 Redemption - Principal 91282CEV9 1.00 (2,565,117.19) 21,287.28 03/10/25 03/10/25 Purchase - Interest 771196BT8 1.00 4,370.60 25,657.88 03/10/25 03/10/25 Purchase - Principal 771196BT8 1.00 410,000.00 435,657.88 03/12/25 03/12/25 Purchase - Interest 037833DB3 1.00 11,237.50 446,895.38 03/12/25 03/12/25 Redemption - Principal 571676AY1 1.00 (114,875.80) 332,019.58 03/14/25 03/14/25 Purchase - Interest 09290DAA9 1.00 18,212.50 350,232.08 03/17/25 03/17/25 Purchase - Interest 002824BM1 1.00 4,359.38 354,591.46 03/17/25 03/17/25 Purchase - Interest 084664CZ2 1.00 5,462.50 360,053.96 03/17/25 03/17/25 Purchase - Interest 650036DT0 1.00 1,413.75 361,467.71 03/17/25 03/17/25 Purchase - Interest 02582JJZ4 1.00 771.08 362,238.79 03/17/25 03/17/25 Purchase - Interest 02582JKD1 1.00 1,786.92 364,025.71 03/17/25 03/17/25 Purchase - Interest 02582JKH2 1.00 2,157.37 366,183.08 03/17/25 03/17/25 Purchase - Interest 05522RDG0 1.00 678.58 366,861.66 03/17/25 03/17/25 Purchase - Interest 05522RDH8 1.00 747.00 367,608.66 Page 30PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending March 31, 2025Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Total Settlement Dollar AmountShare or Trade Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool 03/17/25 03/17/25 Purchase - Interest 14041NGB1 1.00 1,010.63 368,619.29 03/17/25 03/17/25 Purchase - Interest 14041NGD7 1.00 1,804.83 370,424.12 03/17/25 03/17/25 Purchase - Interest 14318MAD1 1.00 357.52 370,781.64 03/17/25 03/17/25 Purchase - Interest 161571HT4 1.00 1,741.50 372,523.14 03/17/25 03/17/25 Purchase - Interest 254683CY9 1.00 1,149.33 373,672.47 03/17/25 03/17/25 Purchase - Interest 254683CZ6 1.00 1,437.92 375,110.39 03/17/25 03/17/25 Purchase - Interest 31680EAD3 1.00 1,612.92 376,723.31 03/17/25 03/17/25 Purchase - Interest 344928AD8 1.00 458.65 377,181.96 03/17/25 03/17/25 Purchase - Interest 362554AC1 1.00 6.65 377,188.61 03/17/25 03/17/25 Purchase - Interest 36265QAD8 1.00 694.31 377,882.92 03/17/25 03/17/25 Purchase - Interest 41285JAD0 1.00 587.81 378,470.73 03/17/25 03/17/25 Purchase - Interest 44935FAD6 1.00 1.03 378,471.76 03/17/25 03/17/25 Purchase - Interest 65480JAC4 1.00 334.78 378,806.54 03/17/25 03/17/25 Purchase - Interest 891940AC2 1.00 794.29 379,600.83 03/17/25 03/17/25 Purchase - Principal 650036DT0 1.00 325,000.00 704,600.83 03/17/25 03/17/25 Purchase - Principal 14318MAD1 1.00 9,867.15 714,467.98 03/17/25 03/17/25 Purchase - Principal 362554AC1 1.00 2,968.70 717,436.68 03/17/25 03/17/25 Purchase - Principal 36265QAD8 1.00 14,877.52 732,314.20 03/17/25 03/17/25 Purchase - Principal 344928AD8 1.00 7,321.61 739,635.81 03/17/25 03/17/25 Purchase - Principal 41285JAD0 1.00 9,573.64 749,209.45 03/17/25 03/17/25 Purchase - Principal 65480JAC4 1.00 6,471.73 755,681.18 03/17/25 03/17/25 Purchase - Principal 891940AC2 1.00 12,707.52 768,388.70 Page 31PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending March 31, 2025Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Total Settlement Dollar AmountShare or Trade Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool 03/17/25 03/17/25 Purchase - Principal 44935FAD6 1.00 1,669.76 770,058.46 03/18/25 03/18/25 Purchase - Interest 43815QAC1 1.00 1,442.67 771,501.13 03/21/25 03/21/25 Purchase - Interest 438123AC5 1.00 401.63 771,902.76 03/21/25 03/21/25 Purchase - Interest 43815GAC3 1.00 6.22 771,908.98 03/21/25 03/21/25 Purchase - Principal 43815GAC3 1.00 3,365.20 775,274.18 03/24/25 03/24/25 Purchase - Interest 3137EAEX3 1.00 1,312.50 776,586.68 03/25/25 03/25/25 Purchase - Interest 3136BQDE6 1.00 1,830.71 778,417.39 03/25/25 03/25/25 Purchase - Interest 3137BNGT5 1.00 593.58 779,010.97 03/25/25 03/25/25 Purchase - Interest 3137BSP72 1.00 1,215.96 780,226.93 03/25/25 03/25/25 Purchase - Interest 3137BTUM1 1.00 1,029.31 781,256.24 03/25/25 03/25/25 Purchase - Interest 3137BXQY1 1.00 1,477.67 782,733.91 03/25/25 03/25/25 Purchase - Interest 3137F1G44 1.00 1,486.38 784,220.29 03/25/25 03/25/25 Purchase - Interest 3137HACX2 1.00 2,208.71 786,429.00 03/25/25 03/25/25 Purchase - Interest 3137HAD45 1.00 1,730.98 788,159.98 03/25/25 03/25/25 Purchase - Interest 3137HAMH6 1.00 3,100.00 791,259.98 03/25/25 03/25/25 Purchase - Interest 3137HAMS2 1.00 2,000.00 793,259.98 03/25/25 03/25/25 Purchase - Interest 3137HAQ74 1.00 1,975.00 795,234.98 03/25/25 03/25/25 Purchase - Interest 3137HAST4 1.00 1,515.63 796,750.61 03/25/25 03/25/25 Purchase - Interest 3137HB3D4 1.00 760.35 797,510.96 03/25/25 03/25/25 Purchase - Interest 3137HB3G7 1.00 1,113.75 798,624.71 03/25/25 03/25/25 Purchase - Interest 3137HBC69 1.00 1,578.20 800,202.91 03/25/25 03/25/25 Purchase - Interest 3137HBLV4 1.00 1,104.90 801,307.81 Page 32PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending March 31, 2025Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Total Settlement Dollar AmountShare or Trade Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool 03/25/25 03/25/25 Purchase - Interest 3137HDJJ0 1.00 2,201.38 803,509.19 03/25/25 03/25/25 Purchase - Interest 3137HDV56 1.00 1,730.67 805,239.86 03/25/25 03/25/25 Purchase - Interest 3137HDXL9 1.00 1,873.99 807,113.85 03/25/25 03/25/25 Purchase - Principal 3137HAD45 1.00 545.12 807,658.97 03/25/25 03/25/25 Purchase - Principal 3137HBC69 1.00 1,746.66 809,405.63 03/25/25 03/25/25 Purchase - Principal 3137BTUM1 1.00 871.63 810,277.26 03/25/25 03/25/25 Purchase - Principal 3137BNGT5 1.00 584.36 810,861.62 03/25/25 03/25/25 Purchase - Principal 3136BQDE6 1.00 3.79 810,865.41 03/31/25 03/31/25 Purchase - Interest 17325FBB3 1.00 21,761.25 832,626.66 03/31/25 03/31/25 Redemption - Principal 92348KDY6 1.00 (414,982.16) 417,644.50 03/31/25 03/31/25 IP Fees February 2025 1.00 (3,725.53) 413,918.97 03/31/25 03/31/25 U.S. Bank Fees January 2025 1.00 (203.05) 413,715.92 03/31/25 04/01/25 Accrual Income Div Reinvestment - Distributions 1.00 2,003.76 415,719.68 Page 33PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending March 31, 2025Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Total Settlement Dollar AmountShare or Trade Shares OwnedDate Transaction Description of TransactionUnit PriceDate 415,719.68 415,719.68 415,719.68 528,453.66 3,108.54 0.00 (5,924,970.39) 6,070,770.15 269,919.92 2,003.76 415,719.68 0.00 (3,114,368.16) 3,087,801.95 442,285.89 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 March January-March 4.47% Page 34PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc.