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Item No. 13.3 - SA Investment Report for December 2025
Page 1 of 1 REPORT TO SUCCESSOR AGENCY OF THE REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE To:Honorable Agency Chair and Members of the Successor Agency From:Jason Simpson, Executive Director Prepared by:Shannon Buckley, Assistant Executive Director Date:January 27, 2026 Subject:SA Investment Report for December 2025 Recommendation Receive and file the Investment Report for October 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 2025 CITY OF LAKE ELSINORE INVESTMENT REPORT BANK DEPOSITS OUTSTANDING BOOK CASH ACCOUNTS BALANCE IN TRANSIT PAYMENTS BALANCE Bank Accounts: General Checking Account 5,886,487$ 19,336$ (109,432)$ 5,796,391$ Cash On Hand: Cashier Drawers #1 & #2 - - - 300 City of Lake Elsinore Petty Cash Fund - - - 2,000 Total Cash Accounts 5,886,487 19,336 (109,432) 5,798,691 INVESTMENTS Local Agency Investment Funds 47,585,578 - - 47,585,578 CAMP Investments: CAMP Pool Account 954,568 - - 954,567.99 U.S. Treasury Bond / Note 26,182,331 - - 26,182,331.08 Municipal Bond / Note 200,000 - - 200,000.00 Federal Agency Commercial Mortgage-Backed Security 8,434,083 - - 8,434,083.33 Federal Agency Bond / Note - - - - Corporate Note 13,321,346 - - 13,321,346.02 Certificate of Deposit - - - - Bank Note 525,525 - - 525,525.00 Asset-Backed Security 6,356,215 - - 6,356,214.95 Sub-total Investments 103,559,647 - - 103,559,647 Market Value Adjustment: Unrealized Gain/(Loss) at 09/30/2025 1,143,327 - - 1,143,327 Total Investments 104,702,974 - - 104,702,974 Total Pooled Cash and Investments 110,589,461$ 19,336$ (109,432)$ 110,501,664$ TOTAL POOLED CASH AND INVESTMENTS 110,501,664$ 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 24, 2025. 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 January 12, 2026 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, 2025 FUND NO FUND NAME AMOUNT 100 General 6,751,434$ 102 Measure Z 13,749,028 106 Affordable Housing In Lieu 1,555,353 109 Road Maintenance and Rehabilitation (SB1)2,805,958 110 State Gas Tax 897,783 111 TUMF C.I.P. 140,098 112 Measure A 2,096,759 114 SB1186 CASP Education Program 89,303 115 Traffic Safety 25,262 116 City Hall-Public Works DIF 514,666 117 Community Center DIF 666,712 118 Lake Side Facility DIF 1,001,467 119 Animal Shelter DIF 23,381 121 T.R.I.P.-2014A 2,607 135 Lighting & Landscape Maintenance - Dist. No. 1 2,026,387 140 Geothermal 13,116 160 PEG Grant 1,758 202 La Strada RBBD 26,751 203 E.L.S.P. - S.T.I.F.3,772,352 205 Traffic Impact Fee 923,377 211 Storm Drain C.I.P. 2,050,576 221 Quimby Park C.I.P.45,905 231 Library C.I.P. 1,050,548 232 City Fire Protection 1,470,467 300 Insurance Service 1,342,549 305 Information Systems Service 3,165,882 310 Support Service 55,335 315 Fleet Service 830,238 320 Facilities Service 2,954,533 333 CFD 2015-3 Terracina 239,632 335 CFD 2003-2E Canyon Hills Improvement Area E 912 346 CFD 2014-1 Southshore 64,905 350 CFD 98-1 Summerhill 9,238 354 CFD 90-2 Tuscany Hills 536 357 CFD 2003-2 Canyon Hills Improvement Area 6,252 359 CFD 2021-1 IA-2 Tuscany Valley & Crest Improvement 4,185 361 CFD 2022-2 Lakeshore Improvement 3,765 364 CFD 2023-2 Coastal Mission Trail Improvement 3,972 366 CFD 2005-6 City Center Townhomes 47,382 368 CFD 2006-2 Viscaya 6,418 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, 2025 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, 2025 369 CFD 2004-3 Area 1 Rosetta Canyon Improvement Area 78,865 371 CFD 2005-1 Serenity 7,284 372 CFD 2005-2 Alberhill Ranch Improvement Area 33,153 379 CFD 2022-1 Alberhill 767 384 CFD 2003-2 Area B Canyon Hills Improvement Area 37,396 385 CFD 2004-3 Area 2 Rosetta Canyon Improvement Area 37,375 388 CFD 2007-6 Holiday Inn Express 22 390 CFD 2003-2 Area C Canyon Hills Improvement Area 5,028 392 CFD 95-1 City Center 1,426 394 CFD 2005-5 (2012A) Wasson Canyon 465 396 CFD 2018-2 Nichols Ranch Improvement Area 41,353 500 Capital Improvement Plan 7,177,567 603 Endowment Trust - Carl Graves 71,396 604 Endowment Trust - Korn Memorial 37,691 605 Public Improvement Trust 3,256,645 606 Mobile Source Air Polution Reduction 266,936 608 Trust Deposit & Pre Paid Expense 1,872,459 617 Successor Agency Housing 42,269,013 620 Cost Recovery System 4,496,507 631 Lake Destratification Equipment Replacement 368,602 655 CFD 2015-1s Law, Fire, Paramedic Services 4,932 Total Pooled Cash & Investments 110,501,664$ MAXIMUM DIVERSIFICATION CURRENT TYPES OF SECURITIES PERCENTAGE PERCENTAGE BALANCE CAMP - Pooled Sweep Account Unlimited 0.92%954,568$ U.S. Treasury Bond / Note Unlimited 25.28%26,182,331$ Supra-National Agency Bond / Note 30%0.00%-$ Municipal Bond / Note Unlimited 0.19%200,000$ Federal Agency Collaterized Mortgage Obligation 40%8.14%8,434,083$ Federal Agency Bond / Note Unlimited 0.00%(1)-$ Banker's Acceptance 40.00%0.00%-$ Corporate Note (Includes Bank Note)30%13.37%13,846,871$ Commercial Paper 25%0.00%-$ Negotiable Certificates of Deposit 30%0.00%-$ Asset-Backed Security / Collaterized Mortgage 20%6.14%6,356,215$ Repurchase Agreements Unlimited 0 -$ Reverse Repurchase Agreements 10.00%0.00%-$ LAIF (Local Agency Investment Funds)$150 Million 45.95%(2)47,585,578$ Placement Service Deposits (PDS)30%0.00%-$ TOTAL 100.00%103,559,647$ 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, 2025 Local Agency Investment Fund December 4.025 November 4.096 October 4.150 September 4.212 August 4.251 July 4.258 PMIA Average Life(1):254 LAIF Fair Value Factor(1):1.001929581 PMIA Daily(1):4.19 PMIA Quarter to Date(1):4.24 LAIF Apportionment Rate(2):4.34 LAIF Earnings Ratio(2):0.00011893333163814 LAIF Administrative Cost(1)*:0.26 Treasuries 55.33% Agencies 25.05% Certificates of Deposit/Bank Notes 9.97% Time Deposits 3.39% Commercial Paper 5.48% Corporate Bonds 0.61% Loans 0.17% Notes: The apportionment rate includes interest earned on the CalPERS Supplemental Pension Payment pursuant to Government Code 20825 (c)(1) . *The percentage of administrative cost equals the total administrative cost divided by the quarterly interest earnings. The law 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. Source: (1) State of California, Office of the Treasurer (2) State of California, Office of the Controller PMIA Average Monthly Effective Yields(1) PMIA/LAIF Performance Report as of 01/07/25 Daily rates are now available here. View PMIA Daily Rates Quarterly Performance Quarter Ended 9/30/25 Chart does not include $936,000.00 in mortgages, which equates to 0.001%.Percentages may not total 100% due to rounding. Pooled Money Investment Account Monthly Portfolio Composition (1) 11/30/25 $155.9 billion Yield Purchase Date Maturity Rate 4.025%Daily 24-Hour Investment Beginning Balance Net Increase/(Decrease)Ending Balance Total Investments Held with Local Agency Investment Fund:50,885,578$ (3,300,000)$ 47,585,578$ 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, 2025 CAMP Investment Portfolio For the Month Ending December 31, 2025Account Statement - Transaction Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Opening Market Value Purchases Redemptions Change in Value Closing Market Value 190,569.55 769,291.79 (5,293.35) 0.00 $954,567.99 CAMP Pool Unsettled Trades 0.00 1,473.73 Cash Dividends and Income Opening Market Value Purchases Redemptions Change in Value Closing Market Value 56,535,835.25 0.00 (312,627.65) (40,786.12) $56,182,421.48 CAMP Managed Account Unsettled Trades 0.00 464,688.41 Cash Dividends and Income December 31, 2025 November 30, 2025 Asset Summary CAMP Pool 954,567.99 190,569.55 CAMP Managed Account 56,182,421.48 56,535,835.25 $57,136,989.47 $56,726,404.80 Total Asset Allocation 1.67% CAMP Pool 98.33% CAMP Managed Account Page 1PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending December 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 $190,569.55 769,291.79 (5,293.35) $954,567.99 1,473.73 $56,535,835.25 (312,627.65) 0.00 0.00 0.00 (40,786.12) $56,182,421.48 $56,726,404.80 $57,136,989.47 454,178.36 0.00 10,510.05 $464,688.41 166,318.47 0.00 452,330.57 148,156.97 0.00 (766,806.01) 0.00 Managed Account Total 55,525,582.84 56,480,150.83 216,153.64 0.00 314,475.44 452,330.57 0.00 (55,806,189.65) (501,365.82) 0.00 216,153.64 5,293.35 314,475.44 452,330.57 (769,291.79) (55,996,759.20) (501,365.82) 1,473.73 Total Accrual Basis Earnings $200,987.02 $202,460.75 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 December 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 27,275,000.00 26,787,186.30 46.88 Municipal Bond / Note 200,000.00 202,879.80 0.36 Federal Agency Commercial Mortgage-Backed Security 8,561,318.43 8,666,035.73 15.17 Corporate Note 13,481,000.00 13,583,020.40 23.77 Bank Note 525,000.00 532,320.60 0.93 Asset-Backed Security 6,353,330.84 6,410,978.65 11.22 Managed Account Sub-Total 56,395,649.27 56,182,421.48 98.33% Accrued Interest 216,153.64 Total Portfolio 56,395,649.27 56,398,575.12 CAMP Pool 954,567.99 954,567.99 1.67 Total Investments 57,350,217.26 57,353,143.11 100.00% Unsettled Trades 0.00 0.00 Sector Allocation 11.22% ABS 0.93% Bank Note 23.27% Corporate Note 15.17% Federal Agency Commercial Mortgage-Backed Security 1.67% Joint Powers Authority 0.36% Muni Bond / Note 0.51% Priv Placement Bond 46.87% 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 2.20%2.02% 9.31% 31.99% 42.79% 11.69% 0.00% Maturity Distribution Characteristics Yield to Maturity at Cost Yield to Maturity at Market Weighted Average Days to Maturity 1072 4.25% 3.70% Page 3PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending December 31, 2025Managed Account Issuer Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Credit Quality (S&P Ratings) 4.46% A 6.92% A+ 4.23% A- 1.83% AA 63.39% AA+ 4.26% AA- 9.40% AAA 1.67% AAAm 0.71% BBB+ 3.13% NR Issuer Summary Percentof HoldingsIssuer Market Value 384,562.50 0.67 Adobe Inc 345,968.02 0.61 Air Products and Chemicals Inc 575,626.75 1.01 Amazon.com Inc 1,404,751.54 2.45 American Express Co 405,426.80 0.71 Analog Devices Inc 765,493.08 1.34 Apple Inc 605,441.10 1.06 BA Credit Card Trust 688,489.68 1.20 Bank of America Corp 466,200.62 0.82 Bank of New York Mellon Corp 172,213.83 0.30 Bayerische Motoren Werke AG 467,517.80 0.82 Berkshire Hathaway Inc 792,222.05 1.39 BlackRock Inc 211,415.04 0.37 Bristol-Myers Squibb Co 954,567.99 1.67 CAMP Pool 490,939.33 0.86 Capital One Financial Corp 17,669.57 0.03 CarMax Inc 220,529.25 0.39 Caterpillar Inc 298,010.10 0.52 Charles Schwab Corp 431,093.04 0.75 Cisco Systems Inc 1,342,891.35 2.34 Citigroup Inc 385,098.00 0.67 Deere & Co 672,094.34 1.18 Discover Card Execution Note Trust 8,137,760.11 14.23 Federal Home Loan Mortgage Corp 528,275.62 0.92 Federal National Mortgage Association 210,469.90 0.37 Fifth Third Auto Trust 50,399.56 0.09 Ford Credit Auto Owner Trust 130,154.32 0.23 GM Financial Consumer Automobile Receiv 50,702.20 0.09 Harley-Davidson Inc 384,466.50 0.67 Home Depot Inc 346,229.98 0.61 Honda Auto Receivables Owner Trust 404,038.80 0.71 Honda Motor Co Ltd 408,811.46 0.72 JPMorgan Chase & Co Page 4PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending December 31, 2025Managed Account Issuer Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Percentof HoldingsIssuer Market Value 60,733.92 0.11 Lockheed Martin Corp 117,525.74 0.21 Mars Inc 557,960.15 0.98 Mercedes-Benz Auto Receivables Trust 747,097.50 1.31 Microsoft Corp 532,320.60 0.93 Morgan Stanley 501,125.50 0.88 National Australia Bank Ltd 346,556.70 0.61 National Rural Utilities Cooperative Fi 29,133.13 0.05 Nissan Auto Receivables Owner Trust 575,622.73 1.01 Northern Trust Corp 509,456.34 0.89 Novartis AG 407,387.60 0.71 PACCAR Inc 101,137.00 0.18 Porsche Innovative Lease Owner 574,924.68 1.01 Shell PLC 202,879.80 0.36 State of California 205,906.20 0.36 State Street Corp 39,280.72 0.07 Target Corp 86,330.34 0.15 Texas Instruments Inc 84,087.29 0.15 Toyota Auto Receivables Owner Trust 380,836.12 0.67 Toyota Motor Corp 26,787,186.30 46.87 United States Treasury 222,788.48 0.39 UnitedHealth Group Inc 418,298.42 0.73 Verizon Master Trust 407,445.60 0.71 Wells Fargo & Co 491,438.38 0.86 WF Card Issuance Trust $57,136,989.47 Total 100.00% Page 5PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending December 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 11/15/2016 2.000% 11/15/2026 74,009.03 73,963.07 194.75 70,441.41 01/17/2301/13/23Aa1AA+ 75,000.00 912828U24 3.72 US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028 212,950.12 207,967.98 7.77 198,641.60 07/03/2407/01/24Aa1AA+ 225,000.00 91282CCH2 4.49 US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028 1,206,717.37 1,204,228.32 44.03 1,169,364.26 09/06/2409/04/24Aa1AA+ 1,275,000.00 91282CCH2 3.59 US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028 1,230,378.50 1,217,124.22 44.89 1,173,960.94 08/05/2408/01/24Aa1AA+ 1,300,000.00 91282CCH2 3.96 US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028 2,271,468.00 2,271,086.12 82.87 2,211,468.75 10/07/2410/01/24Aa1AA+ 2,400,000.00 91282CCH2 3.51 US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028 2,555,401.50 2,501,478.07 93.23 2,388,339.85 06/11/2406/06/24Aa1AA+ 2,700,000.00 91282CCH2 4.39 US TREASURY N/B DTD 01/02/2024 3.750% 12/31/2028 1,206,796.80 1,186,771.93 124.31 1,182,093.75 11/05/2410/31/24Aa1AA+ 1,200,000.00 91282CJR3 4.14 US TREASURY N/B DTD 01/02/2024 3.750% 12/31/2028 1,382,788.00 1,351,675.18 142.44 1,344,653.32 01/07/2501/02/25Aa1AA+ 1,375,000.00 91282CJR3 4.36 US TREASURY N/B DTD 01/02/2024 3.750% 12/31/2028 1,483,354.40 1,451,250.42 152.80 1,444,693.36 02/06/2502/03/25Aa1AA+ 1,475,000.00 91282CJR3 4.33 US TREASURY N/B DTD 01/02/2024 3.750% 12/31/2028 2,614,726.40 2,574,239.36 269.34 2,565,773.44 12/06/2412/03/24Aa1AA+ 2,600,000.00 91282CJR3 4.10 US TREASURY N/B DTD 06/30/2022 3.250% 06/30/2029 593,156.40 590,325.85 53.87 589,054.69 07/03/2507/01/25Aa1AA+ 600,000.00 91282CEV9 3.75 US TREASURY N/B DTD 06/30/2022 3.250% 06/30/2029 889,734.60 881,946.02 80.80 878,414.06 04/04/2504/01/25Aa1AA+ 900,000.00 91282CEV9 3.87 US TREASURY N/B DTD 06/30/2022 3.250% 06/30/2029 889,734.60 878,767.24 80.80 875,566.41 06/05/2506/02/25Aa1AA+ 900,000.00 91282CEV9 3.98 US TREASURY N/B DTD 06/30/2022 3.250% 06/30/2029 914,449.45 904,438.27 83.05 902,236.33 08/05/2508/01/25Aa1AA+ 925,000.00 91282CEV9 3.94 Page 6PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending December 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 06/30/2022 3.250% 06/30/2029 1,482,891.00 1,480,225.10 134.67 1,476,796.88 05/06/2505/01/25Aa1AA+ 1,500,000.00 91282CEV9 3.65 US TREASURY N/B DTD 06/30/2022 3.250% 06/30/2029 2,619,774.10 2,580,156.97 237.91 2,565,117.19 03/06/2503/03/25Aa1AA+ 2,650,000.00 91282CEV9 4.06 US TREASURY N/B DTD 06/30/2022 3.250% 06/30/2029 3,855,516.60 3,846,243.27 350.14 3,841,652.34 09/05/2509/02/25Aa1AA+ 3,900,000.00 91282CEV9 3.67 US TREASURY N/B DTD 01/31/2025 4.250% 01/31/2030 306,668.10 306,598.55 5,335.60 306,820.31 11/07/2511/04/25Aa1AA+ 300,000.00 91282CMG3 3.66 US TREASURY N/B DTD 01/31/2025 4.250% 01/31/2030 996,671.33 996,115.00 17,340.69 997,242.19 10/06/2510/01/25Aa1AA+ 975,000.00 91282CMG3 3.67 24,853.96 26,787,186.30 26,504,600.94 3.94 26,182,331.08 27,275,000.00 Security Type Sub-Total Municipal Bond / Note CA ST DTD 03/15/2023 4.846% 03/01/2027 202,879.80 200,000.00 3,230.67 200,000.00 03/15/2303/09/23Aa2AA- 200,000.00 13063D3N6 4.85 3,230.67 202,879.80 200,000.00 4.85 200,000.00 200,000.00 Security Type Sub-Total Federal Agency Commercial Mortgage-Backed Security FHMS K054 A2 DTD 04/01/2016 2.745% 01/01/2026 84,937.61 85,073.96 194.80 81,632.41 04/14/2304/11/23Aa1AA+ 85,158.51 3137BNGT5 4.32 FHMS K058 A2 DTD 11/01/2016 2.653% 08/01/2026 545,289.25 545,532.17 1,215.96 526,839.84 04/12/2304/06/23Aa1AA+ 550,000.00 3137BSP72 3.98 FHMS K061 A2 DTD 01/01/2017 3.347% 11/01/2026 360,027.37 359,182.75 1,009.81 350,901.91 05/24/2305/19/23Aa1AA+ 362,046.14 3137BTUM1 4.29 FHMS K064 A2 DTD 05/01/2017 3.224% 03/01/2027 546,198.40 539,320.96 1,477.67 518,804.69 08/18/2308/16/23Aa1AA+ 550,000.00 3137BXQY1 4.94 FHMS K065 A2 DTD 07/01/2017 3.243% 04/01/2027 545,939.35 542,179.41 1,486.38 527,033.20 06/13/2306/08/23Aa1AA+ 550,000.00 3137F1G44 4.42 Page 7PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending December 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 KJ48 A1 DTD 12/01/2023 4.858% 05/01/2028 384,835.09 378,306.91 1,531.52 378,304.74 12/14/2312/06/23Aa1AA+ 378,307.77 3137HBC69 4.86 FHMS KJ46 A1 DTD 07/01/2023 4.777% 06/01/2028 433,864.66 430,085.62 1,712.12 430,080.32 07/27/2307/19/23Aa1AA+ 430,091.04 3137HAD45 4.78 FHMS K505 A2 DTD 07/01/2023 4.819% 06/01/2028 561,089.65 552,766.82 2,208.71 555,493.40 07/20/2307/13/23Aa1AA+ 550,000.00 3137HACX2 4.59 FNA 2023-M6 A2 DTD 07/01/2023 4.181% 07/01/2028 528,275.62 520,416.51 1,829.19 516,100.26 07/31/2307/18/23Aa1AA+ 525,000.66 3136BQDE6 4.58 FHMS K508 A2 DTD 10/01/2023 4.740% 08/01/2028 510,396.50 493,646.47 1,975.00 489,032.00 10/19/2310/11/23Aa1AA+ 500,000.00 3137HAQ74 5.25 FHMS K506 A2 DTD 09/01/2023 4.650% 08/01/2028 813,404.00 793,281.25 3,100.00 788,165.60 09/14/2309/07/23Aa1AA+ 800,000.00 3137HAMH6 4.99 FHMS K509 A2 DTD 10/01/2023 4.850% 09/01/2028 384,261.00 367,804.70 1,515.63 363,043.88 10/31/2310/25/23Aa1AA+ 375,000.00 3137HAST4 5.60 FHMS K507 A2 DTD 09/01/2023 4.800% 09/01/2028 510,527.00 496,480.24 2,000.00 494,023.50 09/28/2309/20/23Aa1AA+ 500,000.00 3137HAMS2 5.07 FHMS K510 A2 DTD 11/01/2023 5.069% 10/01/2028 185,075.10 179,685.94 760.35 179,479.62 11/21/2311/14/23Aa1AA+ 180,000.00 3137HB3D4 5.14 FHMS K511 A2 DTD 12/01/2023 4.860% 10/01/2028 281,572.50 274,520.21 1,113.75 274,209.93 12/07/2311/28/23Aa1AA+ 275,000.00 3137HB3G7 4.93 FHMS K514 A2 DTD 02/01/2024 4.572% 12/01/2028 294,919.27 291,849.29 1,104.90 292,899.71 02/08/2402/01/24Aa1AA+ 290,000.00 3137HBLV4 4.34 FHMS K524 A2 DTD 07/01/2024 4.720% 05/01/2029 449,962.48 441,996.36 1,730.67 442,702.04 07/25/2407/16/24Aa1AA+ 440,000.00 3137HDV56 4.58 FHMS K522 A2 DTD 06/01/2024 4.803% 05/01/2029 548,810.92 535,714.31 2,144.20 535,712.70 06/13/2406/05/24Aa1AA+ 535,714.31 3137HDJJ0 4.80 FHMS K526 A2 DTD 08/01/2024 4.543% 07/01/2029 503,744.67 498,442.71 1,873.99 499,630.23 08/15/2408/07/24Aa1AA+ 495,000.00 3137HDXL9 4.33 Page 8PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending December 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 K539 A2 DTD 04/01/2025 4.410% 01/01/2030 192,905.29 189,994.33 698.25 189,993.35 04/24/2504/15/25Aa1AA+ 190,000.00 3137HKXJ8 4.41 30,682.90 8,666,035.73 8,516,280.92 4.73 8,434,083.33 8,561,318.43 Security Type Sub-Total Corporate Note UNITEDHEALTH GROUP INC (CALLABLE) DTD 05/19/2021 1.150% 05/15/2026 222,788.48 224,970.79 330.63 224,608.50 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 172,213.83 174,993.54 844.62 174,947.50 08/16/2108/12/21A2A 175,000.00 05565EBW4 1.26 CATERPILLAR FINL SERVICE DTD 01/10/2022 1.700% 01/08/2027 220,529.25 224,767.69 1,838.13 223,863.75 01/13/2201/11/22A2A 225,000.00 14913R2U0 1.81 TARGET CORP (CALLABLE) DTD 01/24/2022 1.950% 01/15/2027 39,280.72 39,985.80 359.67 39,932.00 01/24/2201/19/22A2A 40,000.00 87612EBM7 1.99 BANK OF NY MELLON CORP (CALLABLE) DTD 01/26/2022 2.050% 01/26/2027 466,200.62 474,774.20 4,192.53 473,945.50 01/28/2201/26/22Aa3A 475,000.00 06406RBA4 2.10 MICROSOFT CORP (CALLABLE) DTD 02/06/2017 3.300% 02/06/2027 747,097.50 742,078.12 9,968.75 721,942.50 03/17/2303/14/23AaaAAA 750,000.00 594918BY9 4.36 AMERICAN EXPRESS CO (CALLABLE) DTD 03/04/2022 2.550% 03/04/2027 295,655.70 293,510.68 2,486.25 277,203.00 01/18/2301/13/23A2A- 300,000.00 025816CS6 4.59 BERKSHIRE HATHAWAY FIN (CALLABLE) DTD 03/15/2022 2.300% 03/15/2027 467,517.80 472,849.07 3,216.81 466,089.00 03/17/2203/15/22Aa2AA 475,000.00 084664CZ2 2.70 CHARLES SCHWAB CORP (CALLABLE) DTD 09/24/2021 3.300% 04/01/2027 298,010.10 295,413.29 2,475.00 284,925.00 02/22/2302/17/23A2A- 300,000.00 808513BW4 4.66 NATIONAL AUSTRALIA BK/NY DTD 06/09/2022 3.905% 06/09/2027 501,125.50 496,174.79 1,193.19 488,325.00 01/18/2301/13/23Aa2AA- 500,000.00 63254ABE7 4.50 APPLE INC (CALLABLE) DTD 09/12/2017 2.900% 09/12/2027 765,493.08 762,576.00 6,804.93 741,062.75 01/23/2301/19/23AaaAA+ 775,000.00 037833DB3 3.94 TOYOTA MOTOR CREDIT CORP DTD 01/12/2023 4.625% 01/12/2028 380,836.12 375,529.07 8,141.93 376,282.50 02/10/2302/08/23A1A+ 375,000.00 89236TKQ7 4.55 Page 9PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending December 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 NATIONAL RURAL UTIL COOP (CALLABLE) DTD 02/07/2018 3.400% 02/07/2028 346,556.70 341,185.93 4,760.00 329,189.00 02/22/2302/17/23A1A- 350,000.00 637432NP6 4.76 TEXAS INSTRUMENTS INC (CALLABLE) DTD 11/18/2022 4.600% 02/15/2028 86,330.34 85,894.37 1,477.11 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 211,415.04 206,924.81 2,994.44 201,583.07 03/13/2303/09/23A2A 211,000.00 110122DE5 4.93 LOCKHEED MARTIN CORP (CALLABLE) DTD 05/25/2023 4.450% 05/15/2028 60,733.92 59,948.47 341.17 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 385,098.00 376,462.13 8,610.94 377,865.00 07/25/2307/21/23A1A 375,000.00 24422EXB0 4.78 CITIBANK NA (CALLABLE) DTD 09/29/2023 5.803% 09/29/2028 786,504.75 747,821.39 11,122.42 746,280.00 10/04/2310/02/23Aa3A+ 750,000.00 17325FBB3 5.92 AIR PRODUCTS & CHEMICALS (CALLABLE) DTD 02/08/2024 4.600% 02/08/2029 345,968.02 339,707.44 6,212.56 339,547.80 02/08/2402/06/24A2A 340,000.00 009158BH8 4.63 CISCO SYSTEMS INC (CALLABLE) DTD 02/26/2024 4.850% 02/26/2029 431,093.04 419,904.12 7,072.92 419,853.00 02/26/2402/21/24A1AA- 420,000.00 17275RBR2 4.86 BLACKROCK FUNDING INC (CALLABLE) DTD 03/14/2024 4.700% 03/14/2029 51,111.10 49,939.77 698.47 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 741,110.95 725,238.80 10,127.85 725,355.25 03/14/2403/06/24Aa3AA- 725,000.00 09290DAA9 4.69 ADOBE INC (CALLABLE) DTD 04/04/2024 4.800% 04/04/2029 174,335.00 169,847.99 1,972.00 169,775.60 04/04/2404/02/24A1A+ 170,000.00 00724PAF6 4.83 ADOBE INC (CALLABLE) DTD 04/04/2024 4.800% 04/04/2029 210,227.50 204,792.88 2,378.00 204,694.55 04/04/2404/01/24A1A+ 205,000.00 00724PAF6 4.83 WELLS FARGO & COMPANY (CALLABLE) DTD 04/23/2025 4.970% 04/23/2029 112,047.54 110,069.07 1,032.66 110,088.00 04/23/2504/16/25A1BBB+ 110,000.00 95000U3T8 4.95 WELLS FARGO & COMPANY (CALLABLE) DTD 04/23/2025 4.970% 04/23/2029 295,398.06 290,000.00 2,722.46 290,000.00 04/23/2504/15/25A1BBB+ 290,000.00 95000U3T8 4.97 Page 10PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending December 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 AMERICA CORP (CALLABLE) DTD 05/09/2025 4.623% 05/09/2029 607,959.60 600,000.00 4,006.60 600,000.00 05/09/2505/06/25A1A- 600,000.00 06051GMT3 4.62 HOME DEPOT INC (CALLABLE) DTD 06/25/2024 4.750% 06/25/2029 128,155.50 124,418.09 98.96 124,193.75 06/25/2406/17/24A2A 125,000.00 437076DC3 4.90 HOME DEPOT INC (CALLABLE) DTD 06/25/2024 4.750% 06/25/2029 256,311.00 249,009.94 197.92 248,627.50 06/25/2406/18/24A2A 250,000.00 437076DC3 4.88 AMERICAN HONDA FINANCE DTD 09/05/2024 4.400% 09/05/2029 404,038.80 399,637.25 5,671.11 399,520.00 09/05/2409/03/24A3A- 400,000.00 02665WFQ9 4.43 MARS INC (CALLABLE) DTD 03/12/2025 4.800% 03/01/2030 117,525.74 114,893.96 1,840.00 114,875.80 03/12/2503/05/25A2A 115,000.00 571676AY1 4.83 STATE STREET CORP (CALLABLE) DTD 04/24/2025 4.834% 04/24/2030 205,906.20 200,000.00 1,799.32 200,000.00 04/24/2504/22/25Aa3A 200,000.00 857477DB6 4.83 PACCAR FINANCIAL CORP DTD 05/08/2025 4.550% 05/08/2030 407,387.60 399,453.34 2,679.44 399,380.00 05/08/2505/05/25A1A+ 400,000.00 69371RT71 4.59 ANALOG DEVICES INC (CALLABLE) DTD 06/16/2025 4.500% 06/15/2030 405,426.80 399,683.63 800.00 399,648.00 06/16/2506/12/25A2A- 400,000.00 032654BE4 4.52 NOVARTIS CAPITAL CORP (CALLABLE) DTD 11/05/2025 4.100% 11/05/2030 509,456.34 508,515.26 3,252.67 508,470.00 11/05/2511/03/25Aa3AA- 510,000.00 66989HAY4 4.17 SHELL FINANCE US INC (CALLABLE) DTD 11/06/2025 4.125% 11/06/2030 124,983.63 124,533.72 787.76 124,520.00 11/06/2511/03/25Aa2A+ 125,000.00 822905AN5 4.21 SHELL FINANCE US INC (CALLABLE) DTD 11/06/2025 4.125% 11/06/2030 449,941.05 449,160.75 2,835.94 449,136.00 11/06/2511/04/25Aa2A+ 450,000.00 822905AN5 4.17 NORTHERN TRUST CORP DTD 11/19/2025 4.150% 11/19/2030 115,124.55 114,945.13 556.79 114,943.65 11/19/2511/12/25A2A+ 115,000.00 665859AY0 4.16 NORTHERN TRUST CORP DTD 11/19/2025 4.150% 11/19/2030 460,498.18 459,456.54 2,227.17 459,443.40 11/19/2511/13/25A2A+ 460,000.00 665859AY0 4.18 AMAZON.COM INC (CALLABLE) DTD 11/20/2025 4.100% 11/20/2030 575,626.75 574,397.54 2,684.93 574,384.75 11/20/2511/17/25A1AA 575,000.00 023135CT1 4.12 Page 11PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending December 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 132,814.05 13,583,020.40 13,423,465.36 4.30 13,321,346.02 13,481,000.00 Security Type Sub-Total Bank Note MORGAN STANLEY BANK NA (CALLABLE) DTD 07/19/2024 4.968% 07/14/2028 532,320.60 525,280.10 12,099.15 525,525.00 07/19/2407/18/24Aa3A+ 525,000.00 61690U8E3 4.94 12,099.15 532,320.60 525,280.10 4.94 525,525.00 525,000.00 Security Type Sub-Total Asset-Backed Security CARMX 2022-3 A3 DTD 07/20/2022 3.970% 04/15/2027 17,669.57 17,670.02 31.18 17,669.72 07/20/2207/12/22NRAAA 17,670.14 14318MAD1 3.97 NAROT 2022-B A3 DTD 09/28/2022 4.460% 05/17/2027 29,133.13 29,100.75 57.69 29,096.52 09/28/2209/20/22AaaAAA 29,102.54 65480JAC4 4.46 GMCAR 2022-4 A3 DTD 10/12/2022 4.820% 08/16/2027 39,472.21 39,414.55 79.16 39,410.25 10/12/2210/04/22NRAAA 39,416.71 36265QAD8 4.82 TAOT 2023-A A3 DTD 01/30/2023 4.630% 09/15/2027 84,087.29 83,894.48 172.64 83,894.46 01/30/2301/24/23NRAAA 83,894.50 891940AC2 4.63 HDMOT 2023-A A3 DTD 02/23/2023 5.050% 12/15/2027 50,702.20 50,547.93 113.46 50,544.91 02/23/2302/13/23AaaNR 50,550.00 41285JAD0 5.05 FORDO 2023-A A3 DTD 03/31/2023 4.650% 02/15/2028 50,399.56 50,266.28 103.89 50,263.32 03/31/2303/28/23NRAAA 50,268.56 344928AD8 4.65 HAROT 2023-3 A3 DTD 08/22/2023 5.410% 02/18/2028 169,630.32 168,433.84 329.09 168,415.59 08/22/2308/15/23NRAAA 168,450.33 43815QAC1 5.42 DCENT 2023-A1 A DTD 04/11/2023 4.310% 03/15/2028 320,325.44 319,991.69 612.98 319,981.44 04/11/2304/04/23AaaNR 320,000.00 254683CY9 4.31 BACCT 2023-A1 A1 DTD 06/16/2023 4.790% 05/15/2028 170,566.95 169,981.42 361.91 169,961.51 06/16/2306/08/23NRAAA 170,000.00 05522RDG0 4.79 AMXCA 2023-1 A DTD 06/14/2023 4.870% 05/15/2028 190,695.02 189,991.87 411.24 189,983.15 06/14/2306/07/23NRAAA 190,000.00 02582JJZ4 4.87 COMET 2023-A1 A DTD 05/24/2023 4.420% 05/15/2028 490,939.33 489,946.42 962.58 489,887.64 05/24/2305/17/23NRAAA 490,000.00 14041NGD7 4.42 Page 12PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending December 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 DCENT 2023-A2 A DTD 06/28/2023 4.930% 06/15/2028 351,768.90 349,976.61 766.89 349,952.72 06/28/2306/21/23AaaAAA 350,000.00 254683CZ6 4.93 HAROT 2023-4 A3 DTD 11/08/2023 5.670% 06/21/2028 60,896.20 60,232.85 94.88 60,228.21 11/08/2311/01/23AaaNR 60,238.81 438123AC5 5.67 FITAT 2023-1 A3 DTD 08/23/2023 5.530% 08/15/2028 210,469.90 208,732.43 513.03 208,726.30 08/23/2308/15/23AaaAAA 208,739.25 31680EAD3 5.53 CHAIT 2023-A1 A DTD 09/15/2023 5.160% 09/15/2028 408,811.46 404,935.70 928.80 404,887.73 09/15/2309/07/23NRAAA 405,000.00 161571HT4 5.17 AMXCA 2023-3 A DTD 09/19/2023 5.230% 09/15/2028 414,043.83 409,989.68 953.02 409,981.67 09/19/2309/12/23NRAAA 410,000.00 02582JKD1 5.23 PILOT 2025-1A A3 DTD 05/21/2025 4.610% 10/20/2028 101,137.00 99,991.34 140.86 99,989.29 05/21/2505/14/25NRAAA 100,000.00 73329KAD8 4.61 BACCT 2023-A2 A2 DTD 12/14/2023 4.980% 11/15/2028 181,868.40 179,985.58 398.40 179,975.83 12/14/2312/07/23AaaNR 180,000.00 05522RDH8 4.98 AMXCA 2024-1 A DTD 04/23/2024 5.230% 04/16/2029 504,356.99 494,898.53 1,150.60 494,898.53 04/23/2404/16/24NRAAA 495,000.00 02582JKH2 5.23 HAROT 2025-2 A3 DTD 05/08/2025 4.150% 10/15/2029 115,703.46 114,989.13 212.11 114,987.15 05/08/2504/29/25AaaNR 115,000.00 437921AD1 4.15 BAAT 2025-1A A3 DTD 05/12/2025 4.350% 11/20/2029 80,530.08 79,995.43 106.33 79,994.48 05/12/2505/06/25AaaNR 80,000.00 05594BAD8 4.35 MBART 2025-1 A3 DTD 01/23/2025 4.780% 12/17/2029 557,960.15 553,155.89 1,168.44 553,673.83 04/09/2504/08/25AaaNR 550,000.00 58773DAD6 4.62 VZMT 2025-3 A1A DTD 03/31/2025 4.510% 03/20/2030 418,298.42 414,985.67 571.89 414,982.16 03/31/2503/25/25AaaNR 415,000.00 92348KDY6 4.51 GMCAR 2025-2 A3 DTD 05/14/2025 4.280% 04/16/2030 90,682.11 89,988.38 160.50 89,986.75 05/14/2505/06/25AaaAAA 90,000.00 362549AD9 4.28 BACCT 2025-A1 A DTD 06/12/2025 4.310% 05/15/2030 253,005.75 250,000.00 478.89 249,999.05 06/12/2506/05/25NRAAA 250,000.00 05522RDK1 4.31 Page 13PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending December 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 WFCIT 2025-A1 A DTD 06/10/2025 4.340% 05/15/2030 491,438.38 484,994.21 935.51 484,991.95 06/10/2506/03/25NRAAA 485,000.00 92970QAJ4 4.34 CCCIT 2025-A1 A DTD 06/26/2025 4.300% 06/21/2030 556,386.60 549,864.84 656.94 549,850.79 06/26/2506/18/25AaaAAA 550,000.00 17305EHA6 4.31 12,472.91 6,410,978.65 6,355,955.52 4.73 6,356,214.95 6,353,330.84 Security Type Sub-Total 56,395,649.27 55,019,500.38 4.25 216,153.64 55,525,582.84 56,182,421.48 Managed Account Sub-Total Joint Powers Authority CAMP Pool 954,567.99 954,567.99 0.00 954,567.99 NRAAAm 954,567.99 954,567.99 954,567.99 0.00 954,567.99 954,567.99 Liquid Sub-Total $57,350,217.26 $55,974,068.37 $216,153.64 $56,480,150.83 $57,136,989.47 4.25% $57,353,143.11 $216,153.64 Total Investments Accrued Interest Securities Sub-Total Page 14PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending December 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 45.96 3,567.62 74,009.03 98.68 JPMorgan 75,000.00 912828U24US TREASURY N/B DTD 11/15/2016 2.000% 11/15/2026 3.68 0.86 4,982.14 14,308.52 212,950.12 94.64 BMO 225,000.00 91282CCH2US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028 3.48 2.42 2,489.05 37,353.11 1,206,717.37 94.64 MorganSt 1,275,000.00 91282CCH2US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028 3.48 2.42 13,254.28 56,417.56 1,230,378.50 94.64 BMO 1,300,000.00 91282CCH2US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028 3.48 2.42 381.88 59,999.25 2,271,468.00 94.64 BMO 2,400,000.00 91282CCH2US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028 3.48 2.42 53,923.43 167,061.65 2,555,401.50 94.64 BMO 2,700,000.00 91282CCH2US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028 3.48 2.42 20,024.87 24,703.05 1,206,796.80 100.57 Citigrou 1,200,000.00 91282CJR3US TREASURY N/B DTD 01/02/2024 3.750% 12/31/2028 3.51 2.81 31,112.82 38,134.68 1,382,788.00 100.57 MorganSt 1,375,000.00 91282CJR3US TREASURY N/B DTD 01/02/2024 3.750% 12/31/2028 3.51 2.81 32,103.98 38,661.04 1,483,354.40 100.57 JPMorgan 1,475,000.00 91282CJR3US TREASURY N/B DTD 01/02/2024 3.750% 12/31/2028 3.51 2.81 40,487.04 48,952.96 2,614,726.40 100.57 MorganSt 2,600,000.00 91282CJR3US TREASURY N/B DTD 01/02/2024 3.750% 12/31/2028 3.51 2.81 2,830.55 4,101.71 593,156.40 98.86 Citigrou 600,000.00 91282CEV9US TREASURY N/B DTD 06/30/2022 3.250% 06/30/2029 3.56 3.27 7,788.58 11,320.54 889,734.60 98.86 BMO 900,000.00 91282CEV9US TREASURY N/B DTD 06/30/2022 3.250% 06/30/2029 3.56 3.27 10,967.36 14,168.19 889,734.60 98.86 BMO 900,000.00 91282CEV9US TREASURY N/B DTD 06/30/2022 3.250% 06/30/2029 3.56 3.27 10,011.18 12,213.12 914,449.45 98.86 Citigrou 925,000.00 91282CEV9US TREASURY N/B DTD 06/30/2022 3.250% 06/30/2029 3.56 3.27 2,665.90 6,094.12 1,482,891.00 98.86 Citigrou 1,500,000.00 91282CEV9US TREASURY N/B DTD 06/30/2022 3.250% 06/30/2029 3.56 3.27 39,617.13 54,656.91 2,619,774.10 98.86 MorganSt 2,650,000.00 91282CEV9US TREASURY N/B DTD 06/30/2022 3.250% 06/30/2029 3.56 3.27 9,273.33 13,864.26 3,855,516.60 98.86 RBC Capi 3,900,000.00 91282CEV9US TREASURY N/B DTD 06/30/2022 3.250% 06/30/2029 3.56 3.27 Page 15PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending December 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 69.55 (152.21) 306,668.10 102.22 Citigrou 300,000.00 91282CMG3US TREASURY N/B DTD 01/31/2025 4.250% 01/31/2030 3.61 3.67 556.33 (570.86) 996,671.33 102.22 HSBC 975,000.00 91282CMG3US TREASURY N/B DTD 01/31/2025 4.250% 01/31/2030 3.61 3.67 604,855.22 3.53 282,585.36 26,787,186.30 27,275,000.00 Security Type Sub-Total 2.93 Municipal Bond / Note 2,879.80 2,879.80 202,879.80 101.44 WellsFar 200,000.00 13063D3N6CA ST DTD 03/15/2023 4.846% 03/01/2027 3.56 1.11 2,879.80 3.56 2,879.80 202,879.80 200,000.00 Security Type Sub-Total 1.11 Federal Agency Commercial Mortgage-Backed Security (136.35) 3,305.20 84,937.61 99.74 RobertBa 85,158.51 3137BNGT5FHMS K054 A2 DTD 04/01/2016 2.745% 01/01/2026 3.62 0.07 (242.92) 18,449.41 545,289.25 99.14 BREAN 550,000.00 3137BSP72FHMS K058 A2 DTD 11/01/2016 2.653% 08/01/2026 3.78 0.60 844.62 9,125.46 360,027.37 99.44 Citigrou 362,046.14 3137BTUM1FHMS K061 A2 DTD 01/01/2017 3.347% 11/01/2026 3.76 0.81 6,877.44 27,393.71 546,198.40 99.31 MorganSt 550,000.00 3137BXQY1FHMS K064 A2 DTD 05/01/2017 3.224% 03/01/2027 3.68 1.03 3,759.94 18,906.15 545,939.35 99.26 Citigrou 550,000.00 3137F1G44FHMS K065 A2 DTD 07/01/2017 3.243% 04/01/2027 3.68 1.19 6,528.18 6,530.35 384,835.09 101.73 JPMorgan 378,307.77 3137HBC69FHMS KJ48 A1 DTD 12/01/2023 4.858% 05/01/2028 3.83 1.97 3,779.04 3,784.34 433,864.66 100.88 JPMorgan 430,091.04 3137HAD45FHMS KJ46 A1 DTD 07/01/2023 4.777% 06/01/2028 3.94 1.41 8,322.83 5,596.25 561,089.65 102.02 JPMorgan 550,000.00 3137HACX2FHMS K505 A2 DTD 07/01/2023 4.819% 06/01/2028 3.77 2.21 7,859.11 12,175.36 528,275.62 100.62 JPMorgan 525,000.66 3136BQDE6FNA 2023-M6 A2 DTD 07/01/2023 4.181% 07/01/2028 3.79 2.34 16,750.03 21,364.50 510,396.50 102.08 BMO 500,000.00 3137HAQ74FHMS K508 A2 DTD 10/01/2023 4.740% 08/01/2028 3.79 2.39 Page 16PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending December 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 20,122.75 25,238.40 813,404.00 101.68 WellsFar 800,000.00 3137HAMH6FHMS K506 A2 DTD 09/01/2023 4.650% 08/01/2028 3.81 2.36 16,456.30 21,217.12 384,261.00 102.47 MorganSt 375,000.00 3137HAST4FHMS K509 A2 DTD 10/01/2023 4.850% 09/01/2028 3.73 2.47 14,046.76 16,503.50 510,527.00 102.11 BOFAML 500,000.00 3137HAMS2FHMS K507 A2 DTD 09/01/2023 4.800% 09/01/2028 3.81 2.42 5,389.16 5,595.48 185,075.10 102.82 JPMorgan 180,000.00 3137HB3D4FHMS K510 A2 DTD 11/01/2023 5.069% 10/01/2028 3.82 2.50 7,052.29 7,362.57 281,572.50 102.39 BOFAML 275,000.00 3137HB3G7FHMS K511 A2 DTD 12/01/2023 4.860% 10/01/2028 3.80 2.53 3,069.98 2,019.56 294,919.27 101.70 JPMorgan 290,000.00 3137HBLV4FHMS K514 A2 DTD 02/01/2024 4.572% 12/01/2028 3.81 2.62 7,966.12 7,260.44 449,962.48 102.26 PIER 440,000.00 3137HDV56FHMS K524 A2 DTD 07/01/2024 4.720% 05/01/2029 3.88 3.06 13,096.61 13,098.22 548,810.92 102.44 MorganSt 535,714.31 3137HDJJ0FHMS K522 A2 DTD 06/01/2024 4.803% 05/01/2029 3.87 2.93 5,301.96 4,114.44 503,744.67 101.77 BMO 495,000.00 3137HDXL9FHMS K526 A2 DTD 08/01/2024 4.543% 07/01/2029 3.89 3.21 2,910.96 2,911.94 192,905.29 101.53 JPMorgan 190,000.00 3137HKXJ8FHMS K539 A2 DTD 04/01/2025 4.410% 01/01/2030 3.95 3.64 231,952.40 3.80 149,754.81 8,666,035.73 8,561,318.43 Security Type Sub-Total 2.11 Corporate Note (2,182.31)(1,820.02) 222,788.48 99.02 04/15/26Citigrou 225,000.00 91324PEC2UNITEDHEALTH GROUP INC (CALLABLE) DTD 05/19/2021 1.150% 05/15/2026 3.87 0.36 (2,779.71)(2,733.67) 172,213.83 98.41 07/12/26SUMITR 175,000.00 05565EBW4BMW US CAPITAL LLC (CALLABLE) DTD 08/12/2021 1.250% 08/12/2026 3.92 0.60 (4,238.44)(3,334.50) 220,529.25 98.01 JPMorgan 225,000.00 14913R2U0CATERPILLAR FINL SERVICE DTD 01/10/2022 1.700% 01/08/2027 3.65 0.99 (705.08)(651.28) 39,280.72 98.20 12/15/26Citigrou 40,000.00 87612EBM7TARGET CORP (CALLABLE) DTD 01/24/2022 1.950% 01/15/2027 3.71 1.00 (8,573.58)(7,744.88) 466,200.62 98.15 12/24/26Deutsche 475,000.00 06406RBA4BANK OF NY MELLON CORP (CALLABLE) DTD 01/26/2022 2.050% 01/26/2027 3.82 1.03 Page 17PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending December 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 5,019.38 25,155.00 747,097.50 99.61 11/06/26GoldmanS 750,000.00 594918BY9MICROSOFT CORP (CALLABLE) DTD 02/06/2017 3.300% 02/06/2027 3.64 0.97 2,145.02 18,452.70 295,655.70 98.55 02/01/27RBS 300,000.00 025816CS6AMERICAN EXPRESS CO (CALLABLE) DTD 03/04/2022 2.550% 03/04/2027 3.80 1.12 (5,331.27) 1,428.80 467,517.80 98.42 02/15/27SEEL 475,000.00 084664CZ2BERKSHIRE HATHAWAY FIN (CALLABLE) DTD 03/15/2022 2.300% 03/15/2027 3.63 1.16 2,596.81 13,085.10 298,010.10 99.34 01/01/27Barclays 300,000.00 808513BW4CHARLES SCHWAB CORP (CALLABLE) DTD 09/24/2021 3.300% 04/01/2027 3.82 1.13 4,950.71 12,800.50 501,125.50 100.23 CAS 500,000.00 63254ABE7NATIONAL AUSTRALIA BK/NY DTD 06/09/2022 3.905% 06/09/2027 3.70 1.38 2,917.08 24,430.33 765,493.08 98.77 06/12/27TD Secur 775,000.00 037833DB3APPLE INC (CALLABLE) DTD 09/12/2017 2.900% 09/12/2027 3.63 1.57 5,307.05 4,553.62 380,836.12 101.56 WellsFar 375,000.00 89236TKQ7TOYOTA MOTOR CREDIT CORP DTD 01/12/2023 4.625% 01/12/2028 3.79 1.88 5,370.77 17,367.70 346,556.70 99.02 11/07/27MorganSt 350,000.00 637432NP6NATIONAL RURAL UTIL COOP (CALLABLE) DTD 02/07/2018 3.400% 02/07/2028 3.85 1.91 435.97 (713.06) 86,330.34 101.57 01/15/28JPMorgan 85,000.00 882508BV5TEXAS INSTRUMENTS INC (CALLABLE) DTD 11/18/2022 4.600% 02/15/2028 3.77 1.93 4,490.23 9,831.97 211,415.04 100.20 11/20/27MAXE 211,000.00 110122DE5BRISTOL-MYERS SQUIBB CO (CALLABLE) DTD 07/15/2020 3.900% 02/20/2028 3.78 1.89 785.45 841.92 60,733.92 101.22 04/15/28Barclays 60,000.00 539830BZ1LOCKHEED MARTIN CORP (CALLABLE) DTD 05/25/2023 4.450% 05/15/2028 3.87 2.18 8,635.87 7,233.00 385,098.00 102.69 Citigrou 375,000.00 24422EXB0JOHN DEERE CAPITAL CORP DTD 07/14/2023 4.950% 07/14/2028 3.79 2.32 38,683.36 40,224.75 786,504.75 104.87 08/29/28Barclays 750,000.00 17325FBB3CITIBANK NA (CALLABLE) DTD 09/29/2023 5.803% 09/29/2028 3.88 2.44 6,260.58 6,420.22 345,968.02 101.76 01/08/29Barclays 340,000.00 009158BH8AIR PRODUCTS & CHEMICALS (CALLABLE) DTD 02/08/2024 4.600% 02/08/2029 3.95 2.79 11,188.92 11,240.04 431,093.04 102.64 01/26/29Citigrou 420,000.00 17275RBR2CISCO SYSTEMS INC (CALLABLE) DTD 02/26/2024 4.850% 02/26/2029 3.91 2.82 1,171.33 1,201.60 51,111.10 102.22 02/14/29Citigrou 50,000.00 09290DAA9BLACKROCK FUNDING INC (CALLABLE) DTD 03/14/2024 4.700% 03/14/2029 3.91 2.87 15,872.15 15,755.70 741,110.95 102.22 02/14/29BOFAML 725,000.00 09290DAA9BLACKROCK FUNDING INC (CALLABLE) DTD 03/14/2024 4.700% 03/14/2029 3.91 2.87 Page 18PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending December 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 4,487.01 4,559.40 174,335.00 102.55 03/04/29SEEL 170,000.00 00724PAF6ADOBE INC (CALLABLE) DTD 04/04/2024 4.800% 04/04/2029 3.91 2.92 5,434.62 5,532.95 210,227.50 102.55 03/04/29BOFAML 205,000.00 00724PAF6ADOBE INC (CALLABLE) DTD 04/04/2024 4.800% 04/04/2029 3.91 2.92 1,978.47 1,959.54 112,047.54 101.86 04/23/28SEEL 110,000.00 95000U3T8WELLS FARGO & COMPANY (CALLABLE) DTD 04/23/2025 4.970% 04/23/2029 4.40 2.15 5,398.06 5,398.06 295,398.06 101.86 04/23/28WellsFar 290,000.00 95000U3T8WELLS FARGO & COMPANY (CALLABLE) DTD 04/23/2025 4.970% 04/23/2029 4.40 2.15 7,959.60 7,959.60 607,959.60 101.33 05/09/28BOFAML 600,000.00 06051GMT3BANK OF AMERICA CORP (CALLABLE) DTD 05/09/2025 4.623% 05/09/2029 4.25 2.20 3,737.41 3,961.75 128,155.50 102.52 05/25/29MorganSt 125,000.00 437076DC3HOME DEPOT INC (CALLABLE) DTD 06/25/2024 4.750% 06/25/2029 3.92 3.14 7,301.06 7,683.50 256,311.00 102.52 05/25/29PNCBank 250,000.00 437076DC3HOME DEPOT INC (CALLABLE) DTD 06/25/2024 4.750% 06/25/2029 3.92 3.14 4,401.55 4,518.80 404,038.80 101.01 Deutsche 400,000.00 02665WFQ9AMERICAN HONDA FINANCE DTD 09/05/2024 4.400% 09/05/2029 4.04 3.33 2,631.78 2,649.94 117,525.74 102.20 02/01/30BOFAML 115,000.00 571676AY1MARS INC (CALLABLE) DTD 03/12/2025 4.800% 03/01/2030 4.17 3.66 5,906.20 5,906.20 205,906.20 102.95 03/24/30MorganSt 200,000.00 857477DB6STATE STREET CORP (CALLABLE) DTD 04/24/2025 4.834% 04/24/2030 4.03 3.81 7,934.26 8,007.60 407,387.60 101.85 TD Secur 400,000.00 69371RT71PACCAR FINANCIAL CORP DTD 05/08/2025 4.550% 05/08/2030 4.03 3.90 5,743.17 5,778.80 405,426.80 101.36 05/15/30BOFAML 400,000.00 032654BE4ANALOG DEVICES INC (CALLABLE) DTD 06/16/2025 4.500% 06/15/2030 4.11 3.97 941.08 986.34 509,456.34 99.89 10/05/30JPMorgan 510,000.00 66989HAY4NOVARTIS CAPITAL CORP (CALLABLE) DTD 11/05/2025 4.100% 11/05/2030 4.07 4.31 449.91 463.63 124,983.63 99.99 10/06/30MorganSt 125,000.00 822905AN5SHELL FINANCE US INC (CALLABLE) DTD 11/06/2025 4.125% 11/06/2030 4.05 4.31 780.30 805.05 449,941.05 99.99 10/06/30RBC Capi 450,000.00 822905AN5SHELL FINANCE US INC (CALLABLE) DTD 11/06/2025 4.125% 11/06/2030 4.05 4.31 179.42 180.90 115,124.55 100.11 BOFAML 115,000.00 665859AY0NORTHERN TRUST CORP DTD 11/19/2025 4.150% 11/19/2030 4.08 4.37 1,041.64 1,054.78 460,498.18 100.11 CIDLY 460,000.00 665859AY0NORTHERN TRUST CORP DTD 11/19/2025 4.150% 11/19/2030 4.08 4.37 Page 19PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending December 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 1,229.21 1,242.00 575,626.75 100.11 10/20/30JPMorgan 575,000.00 023135CT1AMAZON.COM INC (CALLABLE) DTD 11/20/2025 4.100% 11/20/2030 4.03 4.35 261,674.38 3.91 159,555.04 13,583,020.40 13,481,000.00 Security Type Sub-Total 2.51 Bank Note 7,040.50 6,795.60 532,320.60 101.39 07/14/27Citigrou 525,000.00 61690U8E3MORGAN STANLEY BANK NA (CALLABLE) DTD 07/19/2024 4.968% 07/14/2028 4.27 1.44 6,795.60 4.27 7,040.50 532,320.60 525,000.00 Security Type Sub-Total 1.44 Asset-Backed Security (0.45)(0.15) 17,669.57 100.00 RBC Capi 17,670.14 14318MAD1CARMX 2022-3 A3 DTD 07/20/2022 3.970% 04/15/2027 3.78 0.10 32.38 36.61 29,133.13 100.11 WellsFar 29,102.54 65480JAC4NAROT 2022-B A3 DTD 09/28/2022 4.460% 05/17/2027 3.88 0.22 57.66 61.96 39,472.21 100.14 RBC Capi 39,416.71 36265QAD8GMCAR 2022-4 A3 DTD 10/12/2022 4.820% 08/16/2027 3.74 0.15 192.81 192.83 84,087.29 100.23 BOFAML 83,894.50 891940AC2TAOT 2023-A A3 DTD 01/30/2023 4.630% 09/15/2027 3.90 0.34 154.27 157.29 50,702.20 100.30 JPMorgan 50,550.00 41285JAD0HDMOT 2023-A A3 DTD 02/23/2023 5.050% 12/15/2027 3.99 0.30 133.28 136.24 50,399.56 100.26 BNPPSA 50,268.56 344928AD8FORDO 2023-A A3 DTD 03/31/2023 4.650% 02/15/2028 3.99 0.42 1,196.48 1,214.73 169,630.32 100.70 BOFAML 168,450.33 43815QAC1HAROT 2023-3 A3 DTD 08/22/2023 5.410% 02/18/2028 4.06 0.52 333.75 344.00 320,325.44 100.10 RBC Capi 320,000.00 254683CY9DCENT 2023-A1 A DTD 04/11/2023 4.310% 03/15/2028 3.70 0.20 585.53 605.44 170,566.95 100.33 BOFAML 170,000.00 05522RDG0BACCT 2023-A1 A1 DTD 06/16/2023 4.790% 05/15/2028 3.83 0.36 703.15 711.87 190,695.02 100.37 RBC Capi 190,000.00 02582JJZ4AMXCA 2023-1 A DTD 06/14/2023 4.870% 05/15/2028 3.82 0.36 992.91 1,051.69 490,939.33 100.19 RBC Capi 490,000.00 14041NGD7COMET 2023-A1 A DTD 05/24/2023 4.420% 05/15/2028 3.85 0.36 Page 20PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending December 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 1,792.29 1,816.18 351,768.90 100.51 BOFAML 350,000.00 254683CZ6DCENT 2023-A2 A DTD 06/28/2023 4.930% 06/15/2028 3.77 0.44 663.35 667.99 60,896.20 101.09 JPMorgan 60,238.81 438123AC5HAROT 2023-4 A3 DTD 11/08/2023 5.670% 06/21/2028 4.12 0.70 1,737.47 1,743.60 210,469.90 100.83 JPMorgan 208,739.25 31680EAD3FITAT 2023-1 A3 DTD 08/23/2023 5.530% 08/15/2028 4.17 0.60 3,875.76 3,923.73 408,811.46 100.94 JPMorgan 405,000.00 161571HT4CHAIT 2023-A1 A DTD 09/15/2023 5.160% 09/15/2028 3.79 0.69 4,054.15 4,062.16 414,043.83 100.99 Citigrou 410,000.00 02582JKD1AMXCA 2023-3 A DTD 09/19/2023 5.230% 09/15/2028 3.80 0.69 1,145.66 1,147.71 101,137.00 101.14 Barclays 100,000.00 73329KAD8PILOT 2025-1A A3 DTD 05/21/2025 4.610% 10/20/2028 3.93 1.63 1,882.82 1,892.57 181,868.40 101.04 BOFAML 180,000.00 05522RDH8BACCT 2023-A2 A2 DTD 12/14/2023 4.980% 11/15/2028 3.76 0.84 9,458.46 9,458.46 504,356.99 101.89 Barclays 495,000.00 02582JKH2AMXCA 2024-1 A DTD 04/23/2024 5.230% 04/16/2029 3.72 1.22 714.33 716.31 115,703.46 100.61 JPMorgan 115,000.00 437921AD1HAROT 2025-2 A3 DTD 05/08/2025 4.150% 10/15/2029 3.79 1.66 534.65 535.60 80,530.08 100.66 BOFAML 80,000.00 05594BAD8BAAT 2025-1A A3 DTD 05/12/2025 4.350% 11/20/2029 3.88 1.38 4,804.26 4,286.32 557,960.15 101.45 WellsFar 550,000.00 58773DAD6MBART 2025-1 A3 DTD 01/23/2025 4.780% 12/17/2029 3.69 1.31 3,312.75 3,316.26 418,298.42 100.79 BOFAML 415,000.00 92348KDY6VZMT 2025-3 A1A DTD 03/31/2025 4.510% 03/20/2030 4.11 1.69 693.73 695.36 90,682.11 100.76 TD Secur 90,000.00 362549AD9GMCAR 2025-2 A3 DTD 05/14/2025 4.280% 04/16/2030 3.76 1.44 3,005.75 3,006.70 253,005.75 101.20 BOFAML 250,000.00 05522RDK1BACCT 2025-A1 A DTD 06/12/2025 4.310% 05/15/2030 3.77 2.21 6,444.17 6,446.43 491,438.38 101.33 WellsFar 485,000.00 92970QAJ4WFCIT 2025-A1 A DTD 06/10/2025 4.340% 05/15/2030 3.74 2.21 6,521.76 6,535.81 556,386.60 101.16 Citigrou 550,000.00 17305EHA6CCCIT 2025-A1 A DTD 06/26/2025 4.300% 06/21/2030 3.76 2.33 54,763.70 3.82 55,023.13 6,410,978.65 6,353,330.84 Security Type Sub-Total 1.12 Page 21PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending December 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 56,395,649.27 56,182,421.48 1,162,921.10 656,838.64 3.70 Managed Account Sub-Total 2.48 Joint Powers Authority 0.00 0.00 954,567.99 1.00 954,567.99 CAMP Pool 0.00 954,567.99 954,567.99 0.00 0.00 Liquid Sub-Total 0.00 Total Investments $57,353,143.11 $216,153.64 $57,136,989.47 Accrued Interest Securities Sub-Total $57,350,217.26 $1,162,921.10 $656,838.64 3.70% 2.48 Page 22PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending December 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 CALL 12/04/25 BRISTOL-MYERS SQUIBB CO (CALLABLE) DTD 07/15/2020 3.900% 02/20/2028 110122DE5 164,470.68 1,847.79 166,318.47 7,790.00 3,749.34 164,000.00 12/04/25 1,847.79 3,749.34 7,790.00 166,318.47 164,470.68 164,000.00 Transaction Type Sub-Total INTEREST 12/25/25 FHMS K508 A2 DTD 10/01/2023 4.740% 08/01/2028 3137HAQ74 0.00 1,975.00 1,975.00 12/01/25 12/25/25 FHMS K061 A2 DTD 01/01/2017 3.347% 11/01/2026 3137BTUM1 0.00 1,012.06 1,012.06 12/01/25 12/25/25 FHMS K054 A2 DTD 04/01/2016 2.745% 01/01/2026 3137BNGT5 0.00 343.14 343.14 12/01/25 12/25/25 FHMS K507 A2 DTD 09/01/2023 4.800% 09/01/2028 3137HAMS2 0.00 2,000.00 2,000.00 12/01/25 12/25/25 FHMS K065 A2 DTD 07/01/2017 3.243% 04/01/2027 3137F1G44 0.00 1,486.38 1,486.38 12/01/25 12/25/25 FHMS K511 A2 DTD 12/01/2023 4.860% 10/01/2028 3137HB3G7 0.00 1,113.75 1,113.75 12/01/25 12/25/25 FHMS K526 A2 DTD 08/01/2024 4.543% 07/01/2029 3137HDXL9 0.00 1,873.99 1,873.99 12/01/25 12/25/25 FNA 2023-M6 A2 DTD 07/01/2023 4.181% 07/01/2028 3136BQDE6 0.00 1,829.60 1,829.60 12/01/25 12/25/25 FHMS K064 A2 DTD 05/01/2017 3.224% 03/01/2027 3137BXQY1 0.00 1,477.67 1,477.67 12/01/25 12/25/25 FHMS K058 A2 DTD 11/01/2016 2.653% 08/01/2026 3137BSP72 0.00 1,215.96 1,215.96 12/01/25 12/25/25 FHMS K510 A2 DTD 11/01/2023 5.069% 10/01/2028 3137HB3D4 0.00 760.35 760.35 12/01/25 12/25/25 FHMS K506 A2 DTD 09/01/2023 4.650% 08/01/2028 3137HAMH6 0.00 3,100.00 3,100.00 12/01/25 12/25/25 FHMS K539 A2 DTD 04/01/2025 4.410% 01/01/2030 3137HKXJ8 0.00 698.25 698.25 12/01/25 12/25/25 FHMS K524 A2 DTD 07/01/2024 4.720% 05/01/2029 3137HDV56 0.00 1,730.67 1,730.67 12/01/25 Page 23PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending December 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 12/25/25 FHMS K505 A2 DTD 07/01/2023 4.819% 06/01/2028 3137HACX2 0.00 2,208.71 2,208.71 12/01/25 12/25/25 FHMS K522 A2 DTD 06/01/2024 4.803% 05/01/2029 3137HDJJ0 0.00 2,144.45 2,144.45 12/01/25 12/25/25 FHMS KJ46 A1 DTD 07/01/2023 4.777% 06/01/2028 3137HAD45 0.00 1,714.50 1,714.50 12/01/25 12/25/25 FHMS KJ48 A1 DTD 12/01/2023 4.858% 05/01/2028 3137HBC69 0.00 1,536.78 1,536.78 12/01/25 12/25/25 FHMS K509 A2 DTD 10/01/2023 4.850% 09/01/2028 3137HAST4 0.00 1,515.63 1,515.63 12/01/25 12/25/25 FHMS K514 A2 DTD 02/01/2024 4.572% 12/01/2028 3137HBLV4 0.00 1,104.90 1,104.90 12/01/25 12/09/25 NATIONAL AUSTRALIA BK/NY DTD 06/09/2022 3.905% 06/09/2027 63254ABE7 0.00 9,762.50 9,762.50 12/09/25 12/15/25 COMET 2023-A1 A DTD 05/24/2023 4.420% 05/15/2028 14041NGD7 0.00 1,804.83 1,804.83 12/15/25 12/15/25 TAOT 2023-A A3 DTD 01/30/2023 4.630% 09/15/2027 891940AC2 0.00 363.23 363.23 12/15/25 12/15/25 DCENT 2023-A2 A DTD 06/28/2023 4.930% 06/15/2028 254683CZ6 0.00 1,437.92 1,437.92 12/15/25 12/15/25 MBART 2025-1 A3 DTD 01/23/2025 4.780% 12/17/2029 58773DAD6 0.00 2,190.83 2,190.83 12/15/25 12/15/25 BACCT 2023-A2 A2 DTD 12/14/2023 4.980% 11/15/2028 05522RDH8 0.00 747.00 747.00 12/15/25 12/15/25 HDMOT 2023-A A3 DTD 02/23/2023 5.050% 12/15/2027 41285JAD0 0.00 240.92 240.92 12/15/25 12/15/25 CARMX 2022-3 A3 DTD 07/20/2022 3.970% 04/15/2027 14318MAD1 0.00 83.64 83.64 12/15/25 12/15/25 ANALOG DEVICES INC (CALLABLE) DTD 06/16/2025 4.500% 06/15/2030 032654BE4 0.00 8,950.00 8,950.00 12/15/25 12/15/25 CHAIT 2023-A1 A DTD 09/15/2023 5.160% 09/15/2028 161571HT4 0.00 1,741.50 1,741.50 12/15/25 12/15/25 AMXCA 2024-1 A DTD 04/23/2024 5.230% 04/16/2029 02582JKH2 0.00 2,157.37 2,157.37 12/15/25 Page 24PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending December 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 12/15/25 DCENT 2023-A1 A DTD 04/11/2023 4.310% 03/15/2028 254683CY9 0.00 1,149.33 1,149.33 12/15/25 12/15/25 HAROT 2025-2 A3 DTD 05/08/2025 4.150% 10/15/2029 437921AD1 0.00 397.71 397.71 12/15/25 12/15/25 AMXCA 2023-3 A DTD 09/19/2023 5.230% 09/15/2028 02582JKD1 0.00 1,786.92 1,786.92 12/15/25 12/15/25 AMXCA 2023-1 A DTD 06/14/2023 4.870% 05/15/2028 02582JJZ4 0.00 771.08 771.08 12/15/25 12/15/25 FORDO 2023-A A3 DTD 03/31/2023 4.650% 02/15/2028 344928AD8 0.00 214.83 214.83 12/15/25 12/15/25 WFCIT 2025-A1 A DTD 06/10/2025 4.340% 05/15/2030 92970QAJ4 0.00 1,754.08 1,754.08 12/15/25 12/15/25 BACCT 2025-A1 A DTD 06/12/2025 4.310% 05/15/2030 05522RDK1 0.00 897.92 897.92 12/15/25 12/15/25 FITAT 2023-1 A3 DTD 08/23/2023 5.530% 08/15/2028 31680EAD3 0.00 1,033.50 1,033.50 12/15/25 12/15/25 BACCT 2023-A1 A1 DTD 06/16/2023 4.790% 05/15/2028 05522RDG0 0.00 678.58 678.58 12/15/25 12/15/25 NAROT 2022-B A3 DTD 09/28/2022 4.460% 05/17/2027 65480JAC4 0.00 126.40 126.40 12/15/25 12/16/25 GMCAR 2025-2 A3 DTD 05/14/2025 4.280% 04/16/2030 362549AD9 0.00 321.00 321.00 12/16/25 12/16/25 GMCAR 2022-4 A3 DTD 10/12/2022 4.820% 08/16/2027 36265QAD8 0.00 200.80 200.80 12/16/25 12/18/25 HAROT 2023-3 A3 DTD 08/22/2023 5.410% 02/18/2028 43815QAC1 0.00 829.03 829.03 12/18/25 12/20/25 BAAT 2025-1A A3 DTD 05/12/2025 4.350% 11/20/2029 05594BAD8 0.00 290.00 290.00 12/20/25 12/20/25 VZMT 2025-3 A1A DTD 03/31/2025 4.510% 03/20/2030 92348KDY6 0.00 1,559.71 1,559.71 12/20/25 12/20/25 PILOT 2025-1A A3 DTD 05/21/2025 4.610% 10/20/2028 73329KAD8 0.00 384.17 384.17 12/20/25 12/21/25 HAROT 2023-4 A3 DTD 11/08/2023 5.670% 06/21/2028 438123AC5 0.00 304.95 304.95 12/21/25 Page 25PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending December 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 12/21/25 CCCIT 2025-A1 A DTD 06/26/2025 4.300% 06/21/2030 17305EHA6 0.00 11,496.53 11,496.53 12/21/25 12/25/25 HOME DEPOT INC (CALLABLE) DTD 06/25/2024 4.750% 06/25/2029 437076DC3 0.00 8,906.25 8,906.25 12/25/25 12/31/25 US TREASURY N/B DTD 06/30/2022 3.250% 06/30/2029 91282CEV9 0.00 184,843.75 184,843.75 12/31/25 12/31/25 US TREASURY N/B DTD 01/02/2024 3.750% 12/31/2028 91282CJR3 0.00 124,687.50 124,687.50 12/31/25 12/31/25 US TREASURY N/B DTD 06/30/2021 1.250% 06/30/2028 91282CCH2 0.00 49,375.00 49,375.00 12/31/25 452,330.57 452,330.57 0.00 Transaction Type Sub-Total PAYDOWNS 12/25/25 FHMS KJ46 A1 DTD 07/01/2023 4.777% 06/01/2028 3137HAD45 598.54 0.00 598.54 0.01 0.01 598.54 12/01/25 12/25/25 FHMS K054 A2 DTD 04/01/2016 2.745% 01/01/2026 3137BNGT5 64,849.88 0.00 64,849.88 2,685.19 144.86 64,849.88 12/01/25 12/25/25 FHMS K061 A2 DTD 01/01/2017 3.347% 11/01/2026 3137BTUM1 805.97 0.00 805.97 24.81 6.96 805.97 12/01/25 12/25/25 FHMS KJ48 A1 DTD 12/01/2023 4.858% 05/01/2028 3137HBC69 1,300.26 0.00 1,300.26 (0.03)(0.04) 1,300.30 12/01/25 12/25/25 FHMS K522 A2 DTD 06/01/2024 4.803% 05/01/2029 3137HDJJ0 64.23 0.00 64.23 0.00 0.00 64.23 12/01/25 12/25/25 FNA 2023-M6 A2 DTD 07/01/2023 4.181% 07/01/2028 3136BQDE6 60.25 0.00 60.25 1.02 0.54 60.25 12/01/25 12/15/25 TAOT 2023-A A3 DTD 01/30/2023 4.630% 09/15/2027 891940AC2 10,248.39 0.00 10,248.39 0.01 0.00 10,248.39 12/15/25 12/15/25 CARMX 2022-3 A3 DTD 07/20/2022 3.970% 04/15/2027 14318MAD1 7,611.10 0.00 7,611.10 0.18 0.05 7,611.10 12/15/25 12/15/25 FORDO 2023-A A3 DTD 03/31/2023 4.650% 02/15/2028 344928AD8 5,172.69 0.00 5,172.69 0.54 0.24 5,172.69 12/15/25 12/15/25 NAROT 2022-B A3 DTD 09/28/2022 4.460% 05/17/2027 65480JAC4 4,906.42 0.00 4,906.42 1.02 0.31 4,906.42 12/15/25 Page 26PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending December 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 12/15/25 HDMOT 2023-A A3 DTD 02/23/2023 5.050% 12/15/2027 41285JAD0 6,697.47 0.00 6,697.47 0.67 0.28 6,697.47 12/15/25 12/15/25 FITAT 2023-1 A3 DTD 08/23/2023 5.530% 08/15/2028 31680EAD3 15,529.33 0.00 15,529.33 0.96 0.52 15,529.33 12/15/25 12/16/25 GMCAR 2022-4 A3 DTD 10/12/2022 4.820% 08/16/2027 36265QAD8 10,574.82 0.00 10,574.82 1.73 0.60 10,574.82 12/16/25 12/18/25 HAROT 2023-3 A3 DTD 08/22/2023 5.410% 02/18/2028 43815QAC1 15,437.43 0.00 15,437.43 3.18 1.54 15,437.43 12/18/25 12/21/25 HAROT 2023-4 A3 DTD 11/08/2023 5.670% 06/21/2028 438123AC5 4,300.19 0.00 4,300.19 0.76 0.43 4,300.19 12/21/25 0.00 156.30 2,720.05 148,156.97 148,156.97 148,157.01 Transaction Type Sub-Total 312,627.65 454,178.36 766,806.01 10,510.05 3,905.64 Managed Account Sub-Total Total Security Transactions $10,510.05 $766,806.01 $454,178.36 $312,627.65 $3,905.64 Page 27PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending December 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 190,569.55 Opening Balance 12/04/25 12/04/25 Purchase - Principal 110122DE5 1.00 166,318.47 356,888.02 12/09/25 12/09/25 Purchase - Interest 63254ABE7 1.00 9,762.50 366,650.52 12/15/25 12/15/25 Purchase - Interest 032654BE4 1.00 8,950.00 375,600.52 12/15/25 12/15/25 Purchase - Interest 02582JJZ4 1.00 771.08 376,371.60 12/15/25 12/15/25 Purchase - Interest 02582JKD1 1.00 1,786.92 378,158.52 12/15/25 12/15/25 Purchase - Interest 02582JKH2 1.00 2,157.37 380,315.89 12/15/25 12/15/25 Purchase - Interest 05522RDG0 1.00 678.58 380,994.47 12/15/25 12/15/25 Purchase - Interest 05522RDH8 1.00 747.00 381,741.47 12/15/25 12/15/25 Purchase - Interest 05522RDK1 1.00 897.92 382,639.39 12/15/25 12/15/25 Purchase - Interest 14041NGD7 1.00 1,804.83 384,444.22 12/15/25 12/15/25 Purchase - Interest 14318MAD1 1.00 83.64 384,527.86 12/15/25 12/15/25 Purchase - Interest 161571HT4 1.00 1,741.50 386,269.36 12/15/25 12/15/25 Purchase - Interest 254683CY9 1.00 1,149.33 387,418.69 12/15/25 12/15/25 Purchase - Interest 254683CZ6 1.00 1,437.92 388,856.61 12/15/25 12/15/25 Purchase - Interest 31680EAD3 1.00 1,033.50 389,890.11 12/15/25 12/15/25 Purchase - Interest 344928AD8 1.00 214.83 390,104.94 12/15/25 12/15/25 Purchase - Interest 41285JAD0 1.00 240.92 390,345.86 12/15/25 12/15/25 Purchase - Interest 437921AD1 1.00 397.71 390,743.57 12/15/25 12/15/25 Purchase - Interest 58773DAD6 1.00 2,190.83 392,934.40 12/15/25 12/15/25 Purchase - Interest 65480JAC4 1.00 126.40 393,060.80 12/15/25 12/15/25 Purchase - Interest 891940AC2 1.00 363.23 393,424.03 Page 28PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending December 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 12/15/25 12/15/25 Purchase - Interest 92970QAJ4 1.00 1,754.08 395,178.11 12/15/25 12/15/25 Purchase - Principal 14318MAD1 1.00 7,611.10 402,789.21 12/15/25 12/15/25 Purchase - Principal 31680EAD3 1.00 15,529.33 418,318.54 12/15/25 12/15/25 Purchase - Principal 344928AD8 1.00 5,172.69 423,491.23 12/15/25 12/15/25 Purchase - Principal 65480JAC4 1.00 4,906.42 428,397.65 12/15/25 12/15/25 Purchase - Principal 891940AC2 1.00 10,248.39 438,646.04 12/15/25 12/15/25 Purchase - Principal 41285JAD0 1.00 6,697.47 445,343.51 12/16/25 12/16/25 Purchase - Interest 362549AD9 1.00 321.00 445,664.51 12/16/25 12/16/25 Purchase - Interest 36265QAD8 1.00 200.80 445,865.31 12/16/25 12/16/25 Purchase - Principal 36265QAD8 1.00 10,574.82 456,440.13 12/18/25 12/18/25 Purchase - Interest 43815QAC1 1.00 829.03 457,269.16 12/18/25 12/18/25 Purchase - Principal 43815QAC1 1.00 15,437.43 472,706.59 12/22/25 12/22/25 Purchase - Interest 05594BAD8 1.00 290.00 472,996.59 12/22/25 12/22/25 Purchase - Interest 17305EHA6 1.00 11,496.53 484,493.12 12/22/25 12/22/25 Purchase - Interest 438123AC5 1.00 304.95 484,798.07 12/22/25 12/22/25 Purchase - Interest 73329KAD8 1.00 384.17 485,182.24 12/22/25 12/22/25 Purchase - Interest 92348KDY6 1.00 1,559.71 486,741.95 12/22/25 12/22/25 Purchase - Principal 438123AC5 1.00 4,300.19 491,042.14 12/26/25 12/26/25 Purchase - Interest 3136BQDE6 1.00 1,829.60 492,871.74 12/26/25 12/26/25 Purchase - Interest 3137BNGT5 1.00 343.14 493,214.88 12/26/25 12/26/25 Purchase - Interest 3137BSP72 1.00 1,215.96 494,430.84 12/26/25 12/26/25 Purchase - Interest 3137BTUM1 1.00 1,012.05 495,442.89 Page 29PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending December 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 12/26/25 12/26/25 Purchase - Interest 3137BXQY1 1.00 1,477.67 496,920.56 12/26/25 12/26/25 Purchase - Interest 3137F1G44 1.00 1,486.38 498,406.94 12/26/25 12/26/25 Purchase - Interest 3137HACX2 1.00 2,208.71 500,615.65 12/26/25 12/26/25 Purchase - Interest 3137HAD45 1.00 1,714.50 502,330.15 12/26/25 12/26/25 Purchase - Interest 3137HAMH6 1.00 3,100.00 505,430.15 12/26/25 12/26/25 Purchase - Interest 3137HAMS2 1.00 2,000.00 507,430.15 12/26/25 12/26/25 Purchase - Interest 3137HAQ74 1.00 1,975.00 509,405.15 12/26/25 12/26/25 Purchase - Interest 3137HAST4 1.00 1,515.63 510,920.78 12/26/25 12/26/25 Purchase - Interest 3137HB3D4 1.00 760.35 511,681.13 12/26/25 12/26/25 Purchase - Interest 3137HB3G7 1.00 1,113.75 512,794.88 12/26/25 12/26/25 Purchase - Interest 3137HBC69 1.00 1,536.78 514,331.66 12/26/25 12/26/25 Purchase - Interest 3137HBLV4 1.00 1,104.90 515,436.56 12/26/25 12/26/25 Purchase - Interest 3137HDJJ0 1.00 2,144.45 517,581.01 12/26/25 12/26/25 Purchase - Interest 3137HDV56 1.00 1,730.67 519,311.68 12/26/25 12/26/25 Purchase - Interest 3137HDXL9 1.00 1,873.99 521,185.67 12/26/25 12/26/25 Purchase - Interest 3137HKXJ8 1.00 698.25 521,883.92 12/26/25 12/26/25 Purchase - Correction to Interest 3137BTUM1 from 12/25/2025 1.00 1,012.06 522,895.98 12/26/25 12/26/25 Purchase - Interest 437076DC3 1.00 8,906.25 531,802.23 12/26/25 12/26/25 Purchase - Principal 3136BQDE6 1.00 60.25 531,862.48 12/26/25 12/26/25 Purchase - Principal 3137BNGT5 1.00 64,849.88 596,712.36 12/26/25 12/26/25 Purchase - Principal 3137HAD45 1.00 598.54 597,310.90 12/26/25 12/26/25 Purchase - Principal 3137HDJJ0 1.00 64.23 597,375.13 Page 30PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc. For the Month Ending December 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 12/26/25 12/26/25 Purchase - Principal 3137BTUM1 1.00 805.97 598,181.10 12/26/25 12/26/25 Purchase - Principal 3137HBC69 1.00 1,300.26 599,481.36 12/26/25 12/26/25 Redemption - Reversal of Interest 3137BTUM1 from 12/25/2025 1.00 (1,012.05) 598,469.31 12/26/25 12/26/25 IP Fees November 2025 1.00 (4,072.54) 594,396.77 12/26/25 12/26/25 U.S. Bank Fees October 2025 1.00 (208.76) 594,188.01 12/31/25 12/31/25 Purchase - Interest 91282CCH2 1.00 49,375.00 643,563.01 12/31/25 12/31/25 Purchase - Interest 91282CEV9 1.00 184,843.75 828,406.76 12/31/25 12/31/25 Purchase - Interest 91282CJR3 1.00 124,687.50 953,094.26 12/31/25 01/02/26 Accrual Income Div Reinvestment - Distributions 1.00 1,473.73 954,567.99 954,567.99 954,567.99 954,567.99 441,767.05 15,324.14 0.00 (22,808,113.49) 23,492,761.56 269,919.92 1,473.73 954,567.99 0.00 (5,293.35) 769,291.79 190,569.55 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 3.95% Page 31PFM Asset Management, a division of U.S. Bancorp Asset Management, Inc.