HomeMy WebLinkAboutStaff Report 2310-209412.Investment Activity Report for the First Quarter, Fiscal Year 2024
City Council
Staff Report
From: City Manager
Report Type: INFORMATION REPORTS
Lead Department: Administrative Services
Meeting Date: November 13, 2023
Report #:2310-2094
TITLE
Investment Activity Report for the First Quarter, Fiscal Year 2024
RECOMMENDATION
This is an informational report and no City Council action is required.
EXECUTIVE SUMMARY
The City’s Investment Policy1 (Policy) requires that staff report to Council quarterly on the City’s
portfolio composition and performance compared to the Council-adopted Policy; discuss overall
compliance with the City’s Investment Policy; and provide recommendations, if any, for Policy
changes. In addition, staff provides a detailed list of all securities and reports on the City’s ability
to meet expenditure requirements over the next six months. This report is to inform Council of
the City’s investment portfolio performance as of the first quarter ending September 30, 2023
and to disclose staff’s cash flow projections for the next six months. Staff expects that the City
will have sufficient funds or liquidity to meet expenditure requirements for the next six months.
The portfolio details, activities, and performance are discussed below, and additional information
is provided in the attachments. During the first quarter staff complied with all aspects of the
Investment Policy.
The Investment Policy limits callable agency securities to 25 percent of the par value of the
portfolio. As of the end of the first quarter, investments in callable agency securities exceeded
this limit by 1.62% due to the overall decline in the portfolio for the planned prepayment of the
City’s Fiscal Year 2024 Unfunded Accrued Liability (UAL) pension cost for active employees to the
Public Employers’ Retirement System (PERS) and other cash needs driven by increased capital
expenditures. Per the Policy, this is not considered a violation of the Policy since a later increase
or decrease in percentage resulting from a change in portfolio’s assets or values shall not
constitute a violation of that restriction (limit). Staff is monitoring the percentage of callable
agency securities to ensure that the percentage limitations will be restored as investments
mature in each category and/or the portfolio increases which as of the writing of the report the
latter has begun to happen.
ANALYSIS
The City’s investment portfolio is summarized in Graph 1 and detailed in the Investments by Fund
Report (Attachment B). The Investments by Fund Report groups the portfolio’s securities by
investment type and includes details of the investment issuer, date of maturity, current market
value, the book and face (par) value, and the weighted average maturity of each type of
investment and of the entire portfolio.
Due to rounding, the above graph's percentage total is greater than 100 percent.
The par value of the City’s portfolio is $575.6 million; in comparison, last quarter it was $623.2
million. The $47.6 million portfolio decline since the last quarter results from timing of cash flows
from the prepayment of the City’s Fiscal Year 2024 Unfunded Accrued Liability (UAL) pension cost
for active employees to the Public Employers’ Retirement System (PERS) totaling $41.6 million,
major revenue receipt due to seasonality timing, an extra pay period costs in the first quarter,
and delayed reimbursement of State Revolving Fund (SRF) loans for Wastewater Treatment
capital projects. As noted in the FY 2023 Q4 Investment Activity Report, delayed SRF
reimbursement from the state, along with increased capital expenditures in the Wastewater
Treatment Fund is expected to impact and constrain the City’s cash position. Administrative
Services and Public Works staff continues to monitor this activity closely to ensure the fund’s
solvency.
The City expects to save $1.4 million by paying the UAL in advance and is partially offset by the
loss of approximately $0.8 million in interest income in the City’s portfolio. The net citywide
savings of prepaying the UAL cost is $0.6 million. The saving is a consequence of PERS’ ability to
earn interest earlier and at a higher rate than the City’s portfolio could realize. Without this
prepayment, after factoring in $11.6 million in UAL payments that would have been made in the
first quarter, the portfolio would have increased by $36.0 million, compared to the $47.6 million
U.S. Treasury
1.2%
U.S. Agency
35.4%
U.S.
Municipal/State
38.4%
Negotiable CD
8.3%
U.S. Corporate
5.1%
Supranational
7.6%
Liquid Accts.
4.1%
Graph 1: Investments by Type -$575.6M
(Par Value)
decline noted above. In addition, due to seasonality, the first quarter major tax revenues receipts
are lower (e.g., sales, transient occupancy, and utility user’s taxes) and property tax being
received by the City in the second, third, and fourth quarters.
The portfolio consists of $23.8 million in liquid accounts and $551.8 million in various investment
types as detailed in the following Table 1. The Investment Policy requires that at least $50 million
be maintained in securities maturing in less than two years. The portfolio includes $152.2 million
in investments maturing in less than two years, comprising 26.4% of the City’s investment
portfolio. In addition, the Investment Policy allows up to 30% of the portfolio to be invested in
securities with maturities beyond five years; actual at the end of the second quarter is 26.6% of
the portfolio.
The current market value of the portfolio is 90.5% of the book value. The market value of
securities fluctuates, depending on how interest rates perform. When interest rates decrease,
the market value of the securities in the City’s portfolio will likely increase; likewise, when interest
rates increase, the market value of the securities will likely decrease. Understanding and showing
market values is not only a reporting requirement, but essential to knowing the principal risks in
actively buying and selling securities. It is important to note, however, that the City’s practice is
to buy and hold investments to maturity, therefore changes in market price do not affect the
City’s investment principal. The market valuation is provided by U.S. Bank, which is the City’s
safekeeping agent. The average life to maturity of the investment portfolio is 3.52 years
compared to 3.57 years last quarter.
The Investment Policy states “Should the ratio of the market value of the portfolio to the book
value of the portfolio fall below 95%, the Administrative Services Department will report this to
the City Council within a reasonable time frame and evaluate whether there is any risk of holding
any of the securities to maturity.” In the prior five quarters the market value fell below 95%; it
was 93.5% in the fourth quarter of fiscal year 2022 (CMR 139982), 89.7% in the first quarter
(CMR 140013) of fiscal year 2023, 90.7% in the second quarter of fiscal year 2023 (CMR
2301-08654), 89.6% in the third quarter of fiscal year 2023 (CMR 2212-05205) and 91.9% in the
fourth quarter of fiscal year 2023 (CMR 2307-17836) . The market rate this first quarter is 90.5%
of book value. Interest rates on new investments have fluctuated so the expectation is the market
value of the portfolio is expected to stay in the current range in the coming quarters. To minimize
risk of loss for investment principal due to lower market values, the City’s investment practice is
to buy and hold investments to maturity; in the instances where there is a need to sell securities
for contingency cash flow planning, the City’s practice is to sell securities that are above the
market value.
Investments Made During the First Quarter
During the first quarter, $21.9 million of securities with an average yield of 4.0% matured. During
the same period, there were no new investment purchases to increase liquidity to meet expected
cash needs. As expected, with the exception of this quarter, as interest rates rose on new
investments, the City’s portfolio’s average yield has begun to gradually rise. In the prior two fiscal
years or during the height of the COVID-19 economic closures, the portfolio’s interest rate had
steadily declined. The City’s short-term money market and pool account increased by $15.1
million compared to the third quarter of Fiscal Year 2022. Staff continually monitors the City’s
short-term cash flow needs and adjusts liquid funds to meet them.
Availability of Funds for the Next Six Months
Normally, the flow of revenues from the City’s utility billings and General Fund sources is enough
to provide funds for ongoing expenditures in those respective funds. Projections indicate that
for the City’s cashflow, an overall growth in the portfolio of $10.1 million is expected over the
coming six months due to routine business activities. This reflects expected receipts of $355.6
million and expenditures of $345.5 million over the next six months.
As of September 30, 2023, the City had $23.8 million deposited in the Local Agency Investment
Fund (LAIF) and a money market account that could be withdrawn on a daily basis. Though as of
writing of this report (October 26th), after the large payments discussed above, the $23.8 million
has increased to $53.6 million which includes $7.2 million is investment securities sold prior to
maturity. Since the sales resulting in the $7.2 million was dependent on a worse-case cash needs
scenario that never materialized, a third has already been reinvested with an average yield being
higher by 0.85% than the average yield of the sold securities. The remaining amount is expected
to be also reinvested in the coming months. In addition, investments totaling $26.0 million will
mature between October 1, 2023 and March 31, 2024. Based on the above, staff expect that the
City will have sufficient funds or liquidity to meet expenditure requirements for the next six
months.
Compliance with City Investment Policy
During the fourth quarter, staff complied with all aspects of the Investment Policy. Attachment
C lists the major restrictions in the City’s Investment Policy compared with the portfolio’s actual
performance.
Investment Yields
Interest income on an accrual basis, for the General Fund, for the fourth quarter was $3.5 million;
compared to the prior year’s first quarter of $2.2 million or $1.0 million higher than the prior
year’s quarter due to higher yield investment environment. As of September 30, 2023, the yield
to maturity of the City’s portfolio was 2.20%; in the prior quarter it was 2.31%. The lack of new
security purchases in this quarter resulted in this lower yield. In the first quarter, LAIF’s average
yield was 3.42% while the average yield on the two-year and five-year Treasury bonds was
approximately 4.92% and 4.31%, respectively. In comparison, in the prior quarter LAIF had 3.01%
yield and the two-year and five-year Treasury bonds yields were higher at 4.26% and 3.69%.
Historically, the City’s portfolio yield has outperformed the two-year and five-year Treasury bond
rates and did so again several years ago; this is an expected occurrence during economic
downturns. However, during economic recovery periods, interest rates rise, and the City’s
portfolio yield is expected to be lower, which is the current financial environment. As the City’s
laddered portfolio investments mature in the next year or two, funds will continue to be
reinvested and trends will follow the economic patterns. Graph 2 shows the City’s yields and
interest earnings for the past 21+ years.
City’s portfolio duration is 3.52 years.
Yield Trends
The Federal Open Market Committee (FOMC), since March 2020, has raised the federal funds
rate 11 times totaling 5.25% with the first occurring on March 16, 2022. Prior to this the rate was
near zero. To mitigate the persistent elevated inflation rate from the peak of 9.1% in June 2022
to a to 3.7% in September 2023 with a 2% target. There was a softer decline in energy prices
primarily driven by a rebound in fuel prices, offset by slowing inflationary pressures in other
categories like food, new vehicles, apparel, medical care commodities, and transportation
services.
The expectation is FOMC might do one additional federal funds rate interest rate increase but
ultimately that will depend on whether the inflation rate is still elevated above the target rate.
The FOMC states “Recent indicators suggest that economic activity has been expanding at a solid
pace. Job gains have slowed in recent months but remain strong, and the unemployment rate
has remained low.” Previously and currently, they had stated the U.S. banking system is sound
5.88%
5.00%
4.17%
4.54%
City of Palo Alto
2.71%
1.80%1.93%1.66%
2.20%
3.65%
1.41%
0.81%0.25%
2 Yr. Treasury 4.39%
4.92%
4.43%4.39%
4.98%
1.10%
5-Yr. Treasury
2.88%
2.47%
0.27%
3.23%
4.00%
4.31%
1.44%
5.25%
0.23%
LAIF
1.29%
2.63%
3.42%
$0.0
$0.5
$1.0
$1.5
$2.0
$2.5
$3.0
$3.5
$4.0
$4.5
$5.0
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
4.0%
4.5%
5.0%
5.5%
6.0%
Int. Earnings (Millions )Yields
Fiscal Year Quarters
Graph 2: Yields and Interest Earnings
and resilient, tighter credit conditions are likely to weigh on economic activity, hiring, and
inflation risks. FOMC’s are still firmly focused on further bringing down inflation.
The following tables show the U.S. inflation and unemployment rates and the U.S. Gross
Domestic Product (GDP) past and recent trends.
Graph 3: U.S. Inflation Rate
The annual inflation rate in the U.S. remained steady at 3.7% in September 2023, defying market
expectations of a slight decrease to 3.6%.
Graph 4: U.S. Unemployment Rate
The unemployment rate in the U.S. was 3.8% in September 2023. The jobless rate has fluctuated
between 3.4 percent and 3.8 percent in calendar year 2023, indicating a consistently tight labor
market.
Graph 5: U.S. Gross Domestic Product (GDP) Annual Growth Rate
The Gross Domestic Product (GDP) in the United States expanded an annualized 4.9% in the third
quarter of 2023, up from 2.1 percent in the previous period.
Funds Held by the City or Managed Under Contract
Attachment A is a consolidated report of all City investment funds, including those not held
directly in the investment portfolio. These include cash in the City’s regular bank account with
US Bank and Wells Fargo. A description of the City’s banking relationships can be found in City
Council Staff Report ID # 78587 and ID # 114028. The bond proceeds, reserves, and debt service
payments being held by the City’s fiscal agents are subject to the requirements of the underlying
debt indenture. The trustees for the bond funds are U.S. Bank and California Asset Management
Program (CAMP). Bond funds with U.S. Bank are invested in federal agency and money market
mutual funds that consist exclusively of U.S. Treasury securities. Bond funds in CAMP are invested
in banker’s acceptance notes, certificates of deposit, commercial paper, federal agency
securities, and repurchase agreements. The most recent data on funds held by the fiscal agent is
as of September 30, 2023.
In January 2017, the City established a Section 115 Irrevocable Trust (Public Agencies Post-
Employment Benefits Trust) administered by Public Agency Retirement Services (PARS). This
fund is governed by the City’s Retiree Benefit Policy as opposed to the Investment Policy;
however, it is discussed in this report to present the full picture of the City’s investments. It is the
City’s intent to prefund pension costs and began to address the Net Pension Liabilities (NPL) as
calculated by Governmental Accounting Standards Board Pronouncement No. 68 (GASB 68). The
Section 115 Trust offered by PARS has five portfolios from which to choose in making investments
of City funds. In February 2023, the City Council revised the City’s portfolio selection from
“Moderately Conservative” to “Moderate”, shifting from the second most conservative to third.
Additional information on the establishment of this trust can be found in City Council Staff Report
ID # 75539. Through September 30, 2023, principal investment contributions of $54.4 million
made over time since May 2017, has increased to $56.4 million or by $2.0 million and the net
return for one and five years has been 7.6% and 2.8% respectively. Since inception, $2.5 million
net earnings have been realized with $0.56 million in administrative expenses.
FISCAL/RESOURCE IMPACT
This is an information report.
STAKEHOLDER ENGAGEMENT
Staff works internally and with external parties (U.S. Bank’s custodial, U.S. Bank’s bonds, Wells
Fargo and U.S. Bank’s banking, California Asset Management Program (CAMP), and Public Agency
Retirement Services (PARS)) statements to prepare this report.
ENVIRONMENTAL REVIEW
This Council informational report is not a project under California Environmental Quality Act
(CEQA) as defined in CEQA Guidelines, section 15378, because it has no potential for resulting in
either a direct or reasonably foreseeable indirect physical change in the environment.
ATTACHMENTS
Attachment A: Consolidated Report of Cash Management
Attachment B: Investment Portfolio
Attachment C: Investment Portfolio Compliance
APPROVED BY:
Kiely Nose, Assistant City Manager
1 City of Palo Alto website, Administrative Services Department, Money Management & Treasury: Microsoft Word -
Proposed City of Palo Alto Investment Policy - Fiscal Year 2023-24.doc
2 City Council, August 8, 2022 Item #9, CMR 13998: https://www.cityofpaloalto.org/files/assets/public/agendas-
minutes-reports/agendas-minutes/city-council-agendas-minutes/2022/20220808/20220808pccsm-amended-rev-
final1.pdf#page=134
3 City Council, November 7, 2022 Item #13, CMR 14001:
https://www.cityofpaloalto.org/files/assets/public/agendas-minutes-reports/agendas-minutes/city-council-
agendas-minutes/2022/20221107/20221107pccsm-amended-linked-q.a-2.pdf#page=188
4 City Council, February 13, 2023, Item #10, CMR 2301-0865:
https://cityofpaloalto.primegov.com/Portal/Meeting?meetingTemplateId=1073
5 City Council, May 8, 2023, Item #9, CMR 2212-0520:
https://cityofpaloalto.primegov.com/Portal/Meeting?meetingTemplateId=11197
6 City Council, May 8, 2023, Item #18, CMR 2307-1783:
https://cityofpaloalto.primegov.com/Portal/Meeting?meetingTemplateId=12606
7 City Council, April 11, 2017, under “Additional Information”, CMR 7858:
https://www.cityofpaloalto.org/files/assets/public/agendas-minutes-reports/reports/city-manager-reports-
cmrs/year-archive/2017/7858.pdf
8 City Council, September 21, 2020 Item #2, CMR 11402:
https://www.cityofpaloalto.org/files/assets/public/agendas-minutes-reports/reports/city-manager-reports-
cmrs/year-archive/2020-2/id-11402.pdf
9 City Council, January 23, 2017 Item #5, CMR 7553:
https://www.cityofpaloalto.org/files/assets/public/agendas-minutes-reports/reports/city-manager-reports-
cmrs/year-archive/2017/7553.pdf
Book Value Market Value
City Investment Portfolio (see Attachment B)574,818,034$ 520,412,019$
Other Funds Held by the City
Cash with Wells Fargo Bank 247,695 247,695
(includes general and imprest accounts)
Cash with US Bank 1,326,792 1,326,792
Total - Other Funds Held By City 1,574,488 1,574,488
Funds Under Management of Third Party Trustees *
Debt Service Proceeds
US Bank Trust Services **
1999 Utility Revenue Bonds
Debt Service Fund 1,811 1,811
2009 Water Revenue Bonds (Build America Bonds)
Debt Service and Reserve Funds 2,532,664 2,532,664
2010 & 2013 General Obligation (Library) Bond
Debt Service and Escrow Funds 1 1
2011 Utility Revenue Refunding Bonds
Debt Service and Reserve Funds 695,759 695,759
2013 General Obligation (Library) Bond
Escrow Funds 1 1
2018 Capital Improvement (Golf Course & 2002B COP Refinance)
(Taxable- Green Bond) Certificates of Participation
Debt Service and Cost of Issuance Funds 331 331
2019 California Avenue Parking Garage Certificates of Participation
(Tax-Exempt and Taxable Bonds)
Construction and Cost of Issuance Funds 1,715 1,715
2021 Public Safety Building Certificates of Participation
Construction Debt Svc, Capitalized Interest, and Cost of Issuan 5,789,879 5,789,879
2022A & B General Obligation (Library) Bond
Cost of Issuance Funds 4,344 4,344
California Asset Management Program (CAMP) ***
2012 University Ave. Parking Refunding Bonds
Reserve Fund 2,860,060 2,860,060
Public Agencies Post-Employment Benefits Trust ****
Public Agency Retirement Services (PARS) 56,375,811 56,375,811
Total Under Trustee Management 68,262,376 68,262,376
GRAND TOTAL 644,654,898$ 590,248,883$
* These funds are subject to the requirements of the underlying debt indenture.
** U.S. Bank investments are in money market mutual funds that exclusively invest in U.S. Treasury securities.
*** CAMP investments are in money market mutual fund which invest in bankers acceptance, certificate of deposit,
commercial paper, federal agency securities, and repurchase agreements.
**** PARS investments are in moderately conservative index plus funds
Attachment A
First Quarter, Fiscal Year 2022-23
(Unaudited)
Consolidated Report of Cash Management
City of Palo Alto Cash and Investments
City of Palo Alto
Administration Svcs. Dept.
250 Hamilton Ave., 4th Floor
Palo Alto, CA 94301
City of Palo Alto
Fund ALL - Portfolio Listings
Investments by Fund (650)329-2362
September 30, 2023
Purchase Current
Rate
Maturity Days To
Date Maturity
YTM
360
YTM
365Market ValueCUSIPInvestment #Issuer Date Book Value Par Value
LAIF & Fidelity Cash Accounts
SYS158
SYS159
158
159
Fidelity Investments 07/01/2020
07/01/2020
9,771,979.97
14,071,747.22
9,771,979.97
14,071,747.22
9,771,979.97
13,807,956.32
5.230
3.500
5.158
3.452
5.230
3.500
1
1Local Agency Investment Fund
Subtotal and Average 23,843,727.19 23,843,727.19 23,579,936.29 4.151 4.209 1
Negotiable Certificates of Deposits
00453NAA9
00833AAB6
011852AK6
01882MAB8
022663BS6
034577AN6
00224TAL0
04288LAA6
029733BX9
052392CC9
02589AEG3
06654HAA6
065847EH4
07181JAU8
07371AYT4
88241THJ2
156634AY3
066519QC6
09549TAB1
05600XBX7
05580AXU3
064236BQ4
05572YGM8
06654BFE6
06063HQL0
2831 NCD
2773 NCD
2850 NCD
2781 NCD
2867 NCD
2298 NCD
2806 NCD
2801 NCD
1805 NCD
2732 NCD
2729 NCD
2453 NCD
2455 NCD
2730 NCD
2668 NCD
2346 NCD
2074 NCD
2474 NCD
2755 NCD
2480 NCD
2448 NCD
2899 NCD
2876 NCD
2908 NCD
2898 NCD
Achieve Federal Credit Union
Affinity Plus Fed Credit Union
Alaska USA Federal CU
Alliant Credit Union
02/17/2023
12/27/2022
03/22/2023
12/30/2022
04/14/2023
03/20/2020
01/27/2023
01/20/2023
05/30/2017
11/28/2022
11/16/2022
11/27/2020
11/23/2020
11/22/2022
03/02/2022
06/02/2020
08/30/2019
01/22/2021
12/19/2022
01/27/2021
11/20/2020
05/24/2023
04/26/2023
05/24/2023
05/15/2023
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
245,000.00
249,000.00
249,000.00
248,731.17
251,242.21
249,000.00
248,745.12
249,000.00
245,000.00
248,712.27
249,000.00
248,592.41
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
245,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
245,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
244,244.10
248,788.35
244,796.88
246,039.39
245,902.44
233,024.16
245,947.26
247,242.06
239,769.25
246,701.73
246,636.99
223,166.25
229,329.00
246,338.19
223,761.36
230,352.39
236,309.85
222,289.77
248,130.99
201,699.96
223,888.35
246,186.30
246,136.50
247,349.13
247,274.43
4.650
5.100
4.850
4.950
5.000
1.100
4.700
5.100
2.300
5.050
5.000
0.450
1.050
5.000
2.050
1.000
1.700
0.550
4.700
1.000
0.500
5.000
4.950
5.200
5.050
4.589
5.029
4.789
4.884
4.937
1.085
4.641
5.030
2.270
4.984
4.931
0.493
0.542
4.940
2.053
0.986
1.678
0.592
4.633
1.019
0.493
4.937
4.886
5.132
4.980
4.653 02/17/2026
5.099 12/27/2023
4.855 03/22/2028
4.952 12/30/2027
5.005 04/14/2028
1.100 03/20/2025
4.705 01/27/2025
5.100 01/21/2025
2.301 05/30/2024
5.053 11/27/2026
5.000 11/16/2027
0.500 11/28/2025
0.549 07/28/2025
5.009 11/23/2026
2.081 02/24/2027
1.000 06/13/2025
1.701 08/30/2024
0.600 01/22/2026
4.697 03/19/2024
1.034 10/27/2028
0.500 11/20/2025
5.006 05/24/2028
4.953 04/26/2027
5.203 05/27/2025
5.050 11/15/2024
870
87
1,634
1,551
1,657
536
Amalgamated Fin Corp Bank
Aneca Federal Credit Union
A+ Federal Creit Union
Arsenal Credit Union
American State Bank OSCE
Austin Telco Fed. Credit Union
American Express Centurion Bk
Banner Capital Bank
484
478
242
1,153
1,507
789
Bank of Wisconsin Dells
Baxter Credit Union
666
1,149
1,242
621
Beal Bank - Plano, TX
Texas Exchange Bank
Century Next Bank 334
BankUnited NA 844
Blue Foundry Bank 170
BMO Harris Bank 1,853
781BMW Bank of North America
Bank of Old Monroe 1,697
1,303
604
BOKF NA Bank
Bankwell Bank
Bank of Baroda 411
Portfolio CPA
AP
Run Date: 10/23/2023 - 01:14 FI (PRF_FI) 7.3.11
Report Ver. 7.3.11
Fund ALL - Portfolio Listings
Investments by Fund Page 2
September 30, 2023
Purchase Current
Rate
Maturity Days To
Date Maturity
YTM
360
YTM
365Par Value Market ValueCUSIPInvestment #Issuer Date Book Value
Negotiable Certificates of Deposits
108622NQ0
07371CH69
130162AN0
29260MBH7
12481GAS6
31944MBB0
15118RRH2
15523RCP9
15634VAA0
17783PAH4
12545JBB0
17248MAC1
17286TAG0
18507MAA9
200339FB0
29278TMR8
20825WAR1
14042TCP0
14042RQB0
20416TAW2
21686QAE9
21933PAA0
22258JAB7
22282XAA8
225645DN7
227563CF8
14622LAK8
15568PAK2
222327AD0
178180GV1
243594AR9
2900 NCD
2669 NCD
2772 NCD
2343 NCD
2878 NCD
2389 NCD
2063 NCD
2324 NCD
2903 NCD
2785 NCD
2904 NCD
2504 NCD
2267 NCD
2881 NCD
2856 NCD
2215 NCD
2643 NCD
2089 NCD
2609 NCD
2756 NCD
2834 NCD
2860 NCD
2695 NCD
2901 NCD
2296 NCD
2875 NCD
2870 NCD
2862 NCD
2477 NCD
2809 NCD
2690 NCD
Bridgewater Bank Bloom MN
Beal Bank USA - Las Vegas, NV
California Credit Union
Encore Bank
05/26/2023
03/02/2022
12/27/2022
05/21/2020
04/14/2023
08/20/2020
08/30/2019
03/27/2020
05/24/2023
01/18/2023
05/17/2023
03/04/2021
02/27/2020
04/26/2023
03/30/2023
01/29/2020
12/23/2021
09/05/2019
11/17/2021
12/21/2022
02/23/2023
04/04/2023
09/30/2022
05/19/2023
03/20/2020
04/14/2023
04/25/2023
03/31/2023
01/29/2021
01/25/2023
09/23/2022
249,000.00
248,745.12
249,000.00
249,000.00
247,443.32
248,000.00
245,000.00
248,259.55
249,000.00
249,000.00
249,000.00
248,573.82
244,861.88
249,000.00
249,000.00
245,000.00
248,678.45
245,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
248,000.00
249,000.00
249,000.00
249,000.00
247,949.15
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
248,000.00
245,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
245,000.00
249,000.00
249,000.00
245,000.00
249,000.00
245,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
248,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
246,183.81
223,761.36
248,599.11
214,817.28
247,174.83
225,154.24
236,638.15
232,473.87
247,523.43
248,589.15
246,211.20
212,533.95
231,735.70
247,194.75
247,924.32
232,882.30
218,694.21
236,655.30
218,666.82
247,951.71
248,656.38
248,858.07
241,373.13
248,808.27
232,088.32
246,806.31
245,703.24
247,936.77
194,053.17
245,319.78
234,450.93
5.000
2.050
5.000
1.150
0.500
0.450
1.850
1.000
5.150
4.900
5.000
0.650
1.650
5.150
5.250
1.800
1.250
1.900
1.100
5.000
5.100
5.350
4.400
5.250
1.100
5.100
4.750
5.300
1.100
4.500
3.700
4.937
2.053
4.931
1.134
4.932
0.444
1.826
1.189
5.079
4.834
4.937
0.691
1.668
5.086
5.179
1.779
1.273
1.873
1.084
4.935
5.029
5.281
4.341
5.178
1.085
5.033
4.688
5.231
1.154
4.438
3.651
5.006 05/26/2028
2.081 02/24/2027
5.000 12/27/2023
1.150 05/21/2027
5.000 11/22/2023
0.450 08/20/2025
1.852 08/30/2024
1.206 03/27/2025
5.150 11/25/2024
4.901 01/18/2024
5.006 05/17/2028
0.701 03/04/2027
1.691 02/27/2025
5.157 04/28/2025
5.251 09/30/2024
1.803 01/29/2025
1.291 12/23/2026
1.900 09/05/2024
1.100 11/17/2026
5.004 06/21/2024
5.099 02/23/2024
5.354 04/04/2024
4.402 09/27/2027
5.250 02/20/2024
1.100 03/20/2025
5.103 04/14/2026
4.753 04/25/2025
5.304 03/31/2027
1.170 01/29/2030
4.500 01/27/2025
3.701 09/23/2027
1,699
1,242
87
1,328
52CBC Federal Credit Union Bank
First Carolina Bank 689
Celtic Bank 334
Central State Bank IOWA
Centris Fed Credit Union Bank
City Federal Credit Union
CIBM Bank
543
421
109
1,690
1,250
515
Cinfed Fed Credtit Union Bank
Citadel Federal Credit Union
Clearpath Federal Credit Union
Comerica Bank Texas
575
365
Enerbank USA 486
Connexus Credit Union
Capital One Bank USA NA
Capital One Bank USA NA
Communitywide Fed. Cr. Union
Cooper Choice Network CU
Corning Federal Credit Union
County Schools FCU
1,179
340
1,143
264
145
186
1,457
142Covantage Credit Union
Crescent Bank & Trust
Cross River Bank
536
926
Carter Federal Credit Union
Cental Valley Community Bank
Country Club Bank
572
1,277
2,312
484City National Bank
Decorah Bank Trust Company 1,453
Portfolio CPA
AP
Run Date: 10/23/2023 - 01:14 FI (PRF_FI) 7.3.11
Report Ver. 7.3.11
Fund ALL - Portfolio Listings
Investments by Fund Page 3
September 30, 2023
Purchase Current
Rate
Maturity Days To
Date Maturity
YTM
360
YTM
365Par Value Market ValueCUSIPInvestment #Issuer Date Book Value
Negotiable Certificates of Deposits
24773RCR4
254673VJ2
88340AAA9
26948GAF1
27004PBV4
29367RMN3
308682BM4
33847E4E4
31925YAE2
73319FAF6
319477AV7
32022RNT0
320165JK0
30960QAK3
31976UAA6
33651FAF6
335857CK2
307811DM8
32110YRQ0
330459CB2
35638CAE9
35633MCZ3
32026UG83
33715LET3
31986JAD3
33766LAJ7
37424PAC8
387625AA4
39981MAC6
39729LAC5
397129AJ6
2670 NCD
1956 NCD
2778 NCD
2770 NCD
2545 NCD
2897 NCD
2486 NCD
2414 NCD
2877 NCD
2285 NCD
2907 NCD
2390 NCD
2076 NCD
2479 NCD
2759 NCD
2812 NCD
2451 NCD
2644 NCD
2465 NCD
1863 NCD
2868 NCD
2858 NCD
2861 NCD
2845 NCD
2554 NCD
2061 NCD
2456 NCD
2042 NCD
2846 NCD
2811 NCD
2725 NCD
Delta Natl Bank & TR 03/09/2022
10/24/2018
12/22/2022
12/23/2022
07/07/2021
05/19/2023
02/12/2021
09/30/2020
04/25/2023
03/18/2020
05/19/2023
08/19/2020
09/04/2019
01/27/2021
12/16/2022
01/31/2023
11/30/2020
01/14/2022
12/31/2020
10/13/2017
04/14/2023
03/30/2023
03/31/2023
03/24/2023
07/28/2021
08/23/2019
11/30/2020
05/08/2019
03/24/2023
01/27/2023
11/28/2022
249,000.00
245,000.00
249,000.00
249,000.00
248,449.09
249,000.00
248,331.57
249,000.00
249,000.00
249,000.00
249,000.00
248,000.00
245,000.00
248,710.57
249,000.00
249,000.00
248,605.87
248,216.46
248,730.20
245,000.00
249,000.00
249,000.00
249,000.00
249,000.00
248,544.25
245,000.00
248,629.57
245,000.00
249,000.00
249,000.00
249,000.00
249,000.00
245,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
248,000.00
245,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
245,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
245,000.00
249,000.00
245,000.00
249,000.00
249,000.00
249,000.00
223,362.96
244,644.75
247,463.67
248,733.57
219,929.25
238,449.87
199,468.92
236,313.45
245,257.53
233,078.94
247,167.36
225,186.48
236,307.40
221,764.38
247,187.28
248,499.51
214,864.59
200,930.55
213,771.48
244,703.55
246,871.05
248,300.31
247,025.43
248,178.30
214,254.54
237,039.95
207,516.60
240,658.60
248,880.48
248,880.48
248,023.92
2.000
3.350
5.150
5.000
0.850
4.250
1.000
0.400
4.900
1.100
5.150
0.450
1.750
0.500
5.050
4.850
0.650
1.600
0.600
2.250
4.850
5.400
5.000
5.350
0.850
1.950
0.800
2.550
5.350
4.750
4.950
1.975
3.304
5.079
4.932
0.919
4.196
1.037
0.394
4.838
1.085
2.003 02/25/2027
3.350 10/24/2023
5.150 12/23/2024
5.000 12/26/2023
0.932 07/07/2026
4.255 05/19/2028
1.052 02/12/2029
0.400 09/30/2024
4.905 04/25/2028
1.100 03/18/2025
05/19/2025
1,243
23Discover Bank / Delaware
The District Fed Cr Union
Eagle Cmty Credit Union
Eaglemark Savings Bank
Enterprise Bank
449
86
1,010
1,692
1,961
365
Farmers & Merchant State Bank
Flagstar Bank FSB
First Bank of the Lake
Poppy Bank
1,668
534
First-Citizens Bank 596
1st Financial Bank 0.444
1.727
0.543
4.985
4.781
0.691
1.630
0.625
2.220
4.783
5.326
4.931
5.300
0.892
1.925
0.825
2.513
5.276
4.688
4.877
0.450 08/19/2025
1.751 09/04/2024
0.550 01/27/2026
5.054 12/16/2024
4.847 01/31/2024
0.701 11/30/2026
1.653 01/22/2030
0.633 12/31/2026
2.251 10/13/2023
4.850 10/15/2024
5.400 03/30/2028
5.000 12/30/2024
5.374 09/24/2024
0.905 02/26/2027
1.952 08/23/2024
0.836 11/30/2027
2.548 05/08/2024
5.350 03/25/2024
4.753 10/27/2023
4.945 05/28/2024
688
First Farmers Bank & Trust
Farmers Insurance Group CU
First Class Community CU
First Source Federal Cr Union
First Oklahoma Bank
339
849
442
122
1,156
2,305
1,187
12
Farmers &Merchants Bank
First National Bank of America
FNB Bank Inc.
Freedom First Fed CU Bank
Freedom Bank of Virginia
First Foundation Bank
First Technology Federal Credi
First Community Credit Union
Firstier Bank
380
1,642
456
359
1,244
327
Gesa Credit Union 1,521
220Grant County Bank West V.
Grow Financial Fed CU
Greenwood Muni Fed Cr Union
Greenwood Credit Union
176
26
240
Portfolio CPA
AP
Run Date: 10/23/2023 - 01:14 FI (PRF_FI) 7.3.11
Report Ver. 7.3.11
Fund ALL - Portfolio Listings
Investments by Fund Page 4
September 30, 2023
Purchase Current
Rate
Maturity Days To
Date Maturity
YTM
360
YTM
365Par Value Market ValueCUSIPInvestment #Issuer Date Book Value
Negotiable Certificates of Deposits
404730DA8
06251A2Q2
41166MAF2
446438SB0
42228LAM3
44931EAD3
45776NFE1
45791JAC0
460807AB6
45780PAQ8
48040PJL0
50116CAX7
48836LAV4
49306SK54
499724AF9
920133AJ4
50625LBG7
52470QAN4
53955LAB3
53052LAD1
530520AC9
538036SS4
554479EK7
56102AAQ9
59001PAP4
58404DDB4
589227AG2
59013KPS9
60425SJQ3
560507AN5
56065GAG3
2447 NCD
2457 NCD
2776 NCD
2891 NCD
2816 NCD
2743 NCD
2757 NCD
2836 NCD
2771 NCD
2556 NCD
2452 NCD
1798 NCD
2731 NCD
2885 NCD
2140 NCD
2748 NCD
2879 NCD
2469 NCD
2823 NCD
2741 NCD
2803 NCD
2599 NCD
2819 NCD
2402 NCD
2672 NCD
2010 NCD
2059 NCD
2610 NCD
2478 NCD
2144 NCD
2038 NCD
Haddon Savings Bank
Bank Hapoalim BM
11/16/2020
12/14/2020
12/27/2022
05/05/2023
01/30/2023
12/09/2022
12/14/2022
02/27/2023
12/23/2022
07/29/2021
11/27/2020
05/31/2017
11/23/2022
04/28/2023
10/24/2019
12/14/2022
04/14/2023
12/30/2020
02/10/2023
12/05/2022
01/27/2023
10/18/2021
02/09/2023
08/31/2020
03/07/2022
01/10/2019
08/30/2019
11/19/2021
01/28/2021
11/08/2019
04/26/2019
206,223.32
248,725.38
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
248,482.56
245,000.00
249,000.00
249,000.00
248,215.90
249,000.00
241,585.13
248,347.63
249,000.00
249,000.00
249,000.00
248,496.09
249,000.00
249,000.00
240,930.33
245,000.00
245,000.00
248,562.81
248,502.43
245,000.00
245,000.00
207,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
245,000.00
249,000.00
249,000.00
248,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
245,000.00
245,000.00
249,000.00
249,000.00
245,000.00
245,000.00
186,260.67
223,183.68
248,576.70
245,867.58
240,695.85
248,023.92
245,688.30
247,154.91
248,733.57
219,483.54
207,140.61
240,068.15
247,523.43
248,267.94
247,556.08
247,334.19
239,067.39
198,749.31
248,499.51
248,803.29
243,474.69
211,328.79
246,813.78
227,391.78
222,802.71
243,637.80
236,545.05
222,376.92
199,695.51
235,057.90
240,989.35
0.350
0.500
5.100
4.800
4.250
5.000
4.900
5.100
5.000
0.900
0.750
2.500
5.150
5.000
3.350
5.100
3.100
0.850
4.900
5.000
4.500
1.100
4.600
0.400
0.550
3.300
1.800
1.100
1.000
1.900
2.600
0.491
0.543
5.027
4.734
4.193
4.931
4.835
5.036
4.932
0.888
0.790
2.465
5.083
4.931
2.210
5.038
4.931
0.889
4.830
4.931
4.442
1.135
4.532
0.394
1.904
3.254
1.775
1.152
1.024
1.875
2.567
0.498 10/20/2025
0.550 12/15/2025
5.097 03/27/2024
4.800 05/05/2025
4.251 02/01/2027
5.000 06/10/2024
4.902 12/14/2027
5.105 02/27/2025
5.000 12/26/2023
0.900 07/29/2026
0.801 11/26/2027
2.500 05/31/2024
5.154 11/25/2024
5.000 05/01/2024
2.241 10/31/2023
5.108 12/13/2024
5.000 05/27/2025
0.901 12/21/2028
4.897 02/12/2024
5.000 12/05/2023
4.503 01/27/2026
1.151 10/18/2027
4.595 08/09/2024
0.400 06/30/2025
1.930 03/10/2026
3.299 01/03/2024
1.800 08/30/2024
1.168 05/19/2026
1.039 01/29/2029
1.902 11/08/2024
2.602 04/26/2024
750
806
178
582
1,219
253
1,535
515
86
Harborstone Credit Union
Huntington National Bank
Healthcare Systems FCU
IC Federal Credit Union
INS Bank
Insight Credit Union
Interstate Credit Union
Inst. for Sav in Newburyport
Jonesboro State Bank
Kansas State Bank Manhattan
Kembra Financial Credit Union
Key Bank
1,032
1,517
243
421
213
30Knox TVA Empl Credit Union
Valley Strong Credit Union
Lafayette Federal Credit Union
Legacy Bank & Trust Company
Local Gov't Fed. Credit Union
Liberty Federal Credit Union
Liberty First Credit Union
Live Oak Banking Company
Machias Savings Bank
Malaga Bank FSB
439
604
1,908
134
65
849
1,478
313
638
891
94
Meritrust Federal Credit Union
Medallion Bank - Salt Lake
Merchants State Bank
Merrick Bank
334
961
1,947
404
208
Minwest Bank MV
Maine Savings Credit Union
Mainstreet Bank
Portfolio CPA
AP
Run Date: 10/23/2023 - 01:14 FI (PRF_FI) 7.3.11
Report Ver. 7.3.11
Fund ALL - Portfolio Listings
Investments by Fund Page 5
September 30, 2023
Purchase Current
Rate
Maturity Days To
Date Maturity
YTM
360
YTM
365Par Value Market ValueCUSIPInvestment #Issuer Date Book Value
Negotiable Certificates of Deposits
62384RAR7
61690UY20
61768EQV8
625925AP7
63008MAW1
642858AA2
23204HNL8
654062LK2
664122AS7
64907LAN3
67054NAN3
67117NAA6
67886WAD9
68609EAC5
69506YSA8
70146NAA5
70320KAR2
710665GD6
732329BD8
70962LAE2
740367HP5
693963AE0
724468AC7
710275AD0
732770BJ0
74048CAT9
712303BF2
744562AS8
75102EAC2
76857RCF9
75472RAU5
2719 NCD
2815 NCD
2849 NCD
1800 NCD
2896 NCD
2760 NCD
2848 NCD
2906 NCD
2854 NCD
2872 NCD
1991 NCD
2905 NCD
2751 NCD
2765 NCD
2420 NCD
2825 NCD
2429 NCD
2468 NCD
2686 NCD
2565 NCD
2047 NCD
2852 NCD
2873 NCD
2853 NCD
2488 NCD
2895 NCD
2863 NCD
2796 NCD
2798 NCD
2892 NCD
2188 NCD
Mountain America FD Credit Uni
Morgan Stanley Bank NA
Morgan Stanley Bank NA
Municipal Trust and Savings
Nano Banc
11/09/2022
02/02/2023
03/23/2023
05/22/2017
05/17/2023
12/14/2022
03/22/2023
05/30/2023
03/28/2023
04/17/2023
11/28/2018
05/16/2023
12/14/2022
12/21/2022
09/30/2020
02/21/2023
10/13/2020
12/30/2020
09/15/2022
09/01/2021
08/16/2019
03/27/2023
04/14/2023
03/30/2023
02/24/2021
05/12/2023
03/30/2023
01/20/2023
01/25/2023
05/12/2023
12/30/2019
248,840.01
249,000.00
249,000.00
245,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
245,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
248,797.20
247,789.76
249,000.00
248,636.59
245,000.00
249,000.00
249,000.00
249,000.00
247,937.21
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
245,000.00
249,000.00
249,000.00
249,000.00
245,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
245,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
245,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
245,000.00
246,026.94
242,130.09
247,618.05
240,504.25
245,185.32
246,213.69
248,066.25
247,506.00
248,422.32
246,507.51
244,250.30
247,543.35
247,035.39
248,531.88
225,110.94
248,564.25
224,682.66
192,011.37
233,400.15
218,402.88
237,329.05
247,252.02
239,769.57
244,864.11
192,623.91
246,198.75
248,477.10
244,084.74
247,540.86
245,713.20
233,705.50
4.850
4.250
5.250
2.350
4.900
5.000
5.300
5.150
5.450
5.000
3.550
5.150
5.000
5.050
0.450
5.000
0.500
0.900
3.500
0.850
2.000
5.150
4.350
4.800
1.000
4.900
5.450
4.750
4.900
4.950
1.850
4.825
4.191
5.178
2.317
4.838
4.931
5.227
5.082
5.375
4.939
3.503
5.082
4.938
4.978
0.443
4.930
0.533
0.967
3.453
0.889
1.972
5.087
4.290
4.735
1.055
4.838
5.375
4.687
4.828
4.888
1.824
4.892 05/09/2025
4.250 02/02/2026
5.250 03/24/2025
2.349 05/02/2024
4.905 05/17/2028
5.000 12/15/2025
5.300 09/23/2024
5.153 12/02/2024
5.450 03/28/2028
5.007 06/17/2025
3.551 11/28/2023
5.153 11/18/2024
5.006 12/16/2024
5.047 03/21/2024
0.450 09/30/2025
4.999 02/21/2024
0.540 10/14/2025
0.981 12/31/2029
3.501 09/15/2027
0.901 09/01/2026
2.000 08/16/2024
5.157 03/27/2025
4.350 04/13/2028
4.800 03/30/2027
1.070 02/25/2030
4.905 06/14/2027
5.450 03/30/2028
4.752 01/20/2028
4.895 07/25/2024
4.955 05/12/2028
1.850 12/30/2024
586
855
540
214
1,690
806New Brunswick Postal FCU
Customers Bank 358
Nicolet National Bank 428
Northeast Community Bank
New Valley Bank & Trust
Numerica Credit Union
Oahu Fed Credit Union Bank
Oklahomas Credit Union
Oregon State Credit Union
Pacific Western Bank
1,640
625
58
414
442
172
730
Parkside Credit Union
Pathfinder Bank
143
744
People's Bank 2,283
1,445
1,066
320
Ponce De Leon Federal Bank
Pentagon Fed Cred Union
Preferred Bank LA California
Pacific Alliance Bank 543
Pitney Bowes Bank, Inc.
People Bank / Coldwater OH
Pony Express Bank
1,656
1,276
2,339
1,352
1,642
1,572
298
Premier Community Bank
People's Security Bank & Trust
Public Service Credit Union
Raiz Federal Credit Union
RiverBank 1,685
456Rayond James Bank NA
Portfolio CPA
AP
Run Date: 10/23/2023 - 01:14 FI (PRF_FI) 7.3.11
Report Ver. 7.3.11
Fund ALL - Portfolio Listings
Investments by Fund Page 6
September 30, 2023
Purchase Current
Rate
Maturity Days To
Date Maturity
YTM
360
YTM
365Par Value Market ValueCUSIPInvestment #Issuer Date Book Value
Negotiable Certificates of Deposits
77535MAC7
7954504D4
805508BT4
856285UJ8
84229LBV3
15987UAJ7
81618LAE7
79772FAF3
819866BR4
82671DAB3
87164DVY3
86804DCQ9
84611JAB9
78472EAC8
33646CNJ9
84133PFL7
791125AB3
84485EAG2
84503PAD2
87165FZN7
87868YAH6
882214AA7
88413QCK2
89235MLC3
89841MAM9
88283MBR4
902684AB5
903572BC8
90407LAD5
90307LAA2
91334AAC7
2717 NCD
2102 NCD
2710 NCD
2403 NCD
2882 NCD
2799 NCD
2857 NCD
2297 NCD
2718 NCD
2804 NCD
2886 NCD
2491 NCD
2807 NCD
2827 NCD
2754 NCD
2821 NCD
2728 NCD
2333 NCD
2890 NCD
2563 NCD
2797 NCD
2464 NCD
2157 NCD
2551 NCD
2745 NCD
2869 NCD
2832 NCD
1639 NCD
2742 NCD
2786 NCD
2711 NCD
Rogue Credit Union 11/09/2022
09/18/2019
10/28/2022
09/04/2020
04/28/2023
01/19/2023
03/31/2023
03/27/2020
10/31/2022
01/31/2023
04/28/2023
02/17/2021
01/27/2023
02/27/2023
12/16/2022
02/06/2023
11/22/2022
03/31/2020
05/12/2023
08/20/2021
01/19/2023
12/23/2020
11/25/2019
07/15/2021
12/14/2022
04/06/2023
02/24/2023
06/24/2016
12/09/2022
01/17/2023
10/28/2022
248,825.00
245,000.00
248,594.18
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
248,827.11
249,000.00
249,000.00
248,220.66
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
248,778.00
245,000.00
249,000.00
249,000.00
199,714.81
249,000.00
245,000.00
249,000.00
249,000.00
249,000.00
249,000.00
245,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
245,000.00
249,000.00
249,000.00
200,000.00
249,000.00
245,000.00
249,000.00
249,000.00
249,000.00
246,256.02
236,314.75
245,782.92
226,052.16
236,181.48
248,260.47
247,528.41
232,829.94
246,253.53
240,648.54
247,735.08
205,539.54
248,676.30
239,988.69
246,636.99
245,416.89
248,828.19
243,758.55
248,367.54
219,217.11
246,851.13
222,319.65
234,881.50
220,374.96
248,773.41
199,646.00
245,670.87
242,937.10
248,233.08
248,556.78
245,128.05
4.900
1.900
4.900
0.500
4.000
4.650
5.400
1.100
5.000
4.400
5.000
0.800
5.050
4.350
5.050
4.550
4.950
1.150
5.100
0.900
5.100
0.450
1.950
0.950
5.000
0.450
4.850
1.700
4.950
4.850
4.600
4.868
1.873
4.877
0.493
4.935 11/10/2025
1.900 09/18/2024
4.945 10/28/2027
0.500 09/04/2025
04/28/2028
771
353Sallie Mae Bank
Sawyer Savings Bank
State Bank of India
1,488
704
Southern Bank 1,671
109Charles Schwab Bank
Select Bank Forest VA
San Francisco Credit Union
Sharonview Fed Credit Union
Signature Federal Credit Union
Synovus Bank
4.586
5.332
1.085
4.966
4.341
4.945
0.861
4.985
4.290
4.980
4.487
4.881
1.134
5.031
0.887
5.031
0.483
1.923
0.936
4.931
5.183
4.787
1.676
4.879
4.783
4.539
4.650 01/18/2024
5.406 03/31/2028
1.100 03/27/2025
5.035 10/31/2025
4.401 01/31/2028
5.013 07/29/2024
0.873 02/17/2028
5.054 01/26/2024
4.349 02/28/2028
5.050 06/16/2028
4.550 02/06/2025
4.949 11/22/2023
1.150 03/28/2024
5.101 05/10/2024
0.900 08/20/2026
5.100 07/21/2025
0.490 12/23/2025
1.950 11/25/2024
0.950 07/15/2026
5.000 12/14/2023
5.255 10/12/2023
4.854 08/25/2025
1.700 12/26/2023
4.947 03/08/2024
4.849 01/17/2024
4.602 04/28/2025
1,643
543
761
1,583
302
Sunwest Bank 1,600
117Space Age Federal Credit Union
SPCO Credit Union 1,611
1,720
494
First Source Bank
Southeast Bank
ST Lawrence Federal CU
Southwest Financial Fed. Credi
Southwest Heritage Cr. Union
Synchrony Bank
52
179
222
1,054
659Technology Credit Union
Texas Bank Henderson
Third Federal Savings and Loan
Toyota Financial Savings Bank
Trustone Fin. Credit Union
Texas Trust Credit Union Bank
Ufirst Federal Credit Union
Uinta Bank
814
421
1,018
74
11
694
86
Umassfive College Fed Cr Union
Uncle Credit Union
159
108
United Heritage Credit Union 575
Portfolio CPA
AP
Run Date: 10/23/2023 - 01:14 FI (PRF_FI) 7.3.11
Report Ver. 7.3.11
Fund ALL - Portfolio Listings
Investments by Fund Page 7
September 30, 2023
Purchase Current
Rate
Maturity Days To
Date Maturity
YTM
360
YTM
365Par Value Market ValueCUSIPInvestment #Issuer Date Book Value
Negotiable Certificates of Deposits
39573LBM9
90352RAU9
90353EAR4
92891CCE0
938828BJ8
930584AC1
939769AC9
95960NKE6
949764AF1
98321PAJ9
98138MAX8
956310BM7
2552 NCD
2325 NCD
2546 NCD
2136 NCD
2049 NCD
2894 NCD
2780 NCD
2342 NCD
2843 NCD
2446 NCD
2749 NCD
2855 NCD
Greenstate Credit Union
USAlliance Federal Credit Unio
USF Federal Credit Union
Vystar Credit Union
07/21/2021
03/31/2020
07/15/2021
10/18/2019
08/23/2019
05/15/2023
12/29/2022
05/13/2020
03/17/2023
11/27/2020
12/14/2022
03/28/2023
249,000.00
248,925.41
247,642.64
245,660.21
245,000.00
249,000.00
249,000.00
248,000.00
249,000.00
248,838.70
249,000.00
249,000.00
249,000.00
249,000.00
249,000.00
245,000.00
245,000.00
249,000.00
249,000.00
248,000.00
249,000.00
249,000.00
249,000.00
249,000.00
219,993.99
233,078.94
193,179.18
244,130.25
237,255.55
247,610.58
248,723.61
225,883.36
247,620.54
223,422.72
247,032.90
248,492.04
0.950
1.150
1.750
3.650
2.050
5.000
5.000
1.050
5.250
0.500
5.100
5.450
0.937
1.155
1.801
2.170
2.024
4.950
4.931
1.035
5.185
0.515
5.032
5.381
0.950 07/21/2026
1.171 03/31/2025
1.826 07/15/2031
2.200 12/11/2023
2.052 08/23/2024
5.019 08/15/2024
4.999 12/29/2023
1.050 11/13/2025
5.257 03/17/2025
0.522 11/28/2025
5.102 12/14/2027
5.456 03/28/2028
1,024
547
2,844
71
Washington Federal 327
Wahoo State Bank 319
Washington State Emp CU
Western State Bank
89
774
Wells Fargo Bank 533
Wyoming Bank & Trust
Workers Fed Credit Union
West Town Bank and Trust
789
1,535
1,640
Subtotal and Average 47,579,851.12 47,612,000.00 45,471,574.68 3.313 3.360 787
Corporate Medium Term Bonds
037833CU2
037833DF4
037833EB2
037833CJ7
02079KAH0
02079KAC1
02079KAJ6
02079KAJ6
478160CN2
478160BY9
478160BY9
594918BX1
594918BJ2
594918BJ2
525555AB4
85440KAC8
85440KAC8
2053 MTN
2401 MTN
2489 MTN
2667 MTN
2507 MTN
2675 MTN
2689 MTN
2837 MTN
2466 MTN
2508 MTN
2509 MTN
2212 MTN
2450 MTN
2506 MTN
2182 MTN
2648 MTN
2658 MTN
Apple, Inc.08/06/2019
08/28/2020
02/08/2021
02/23/2022
03/01/2021
03/14/2022
09/14/2022
02/15/2023
12/23/2020
03/01/2021
03/01/2021
01/22/2020
11/18/2020
03/01/2021
12/12/2019
01/07/2022
02/01/2022
1,506,927.11
1,540,214.24
700,094.73
777,258.78
199,160.41
993,734.91
905,042.39
2,483,527.58
2,002,417.17
2,073,095.37
1,036,538.31
1,806,483.84
3,065,208.38
188,247.74
1,015,657.22
1,488,888.59
489,819.37
1,500,000.00
1,500,000.00
700,000.00
1,474,320.00
1,449,795.00
631,113.00
709,222.50
183,188.00
920,120.00
857,880.00
2,402,064.00
1,829,360.00
1,878,540.00
939,270.00
1,782,918.00
2,797,622.80
172,456.20
1,003,380.00
1,312,575.00
437,525.00
2.850
2.750
0.700
3.350
0.450
1.998
0.800
0.800
0.550
2.450
2.450
2.875
3.125
3.125
6.875
1.289
1.289
1.998
0.620
0.684
2.115
0.668
2.197
3.442
3.964
0.479
0.812
0.812
1.727
0.572
0.753
1.934
1.479
1.849
2.025 05/11/2024
0.628 01/13/2025
0.694 02/08/2026
2.145 02/09/2027
0.678 08/15/2025
2.228 08/15/2026
3.489 08/15/2027
4.020 08/15/2027
0.486 09/01/2025
0.823 03/01/2026
0.824 03/01/2026
1.751 02/06/2024
0.580 11/03/2025
0.763 11/03/2025
1.960 02/01/2024
1.500 06/01/2027
1.875 06/01/2027
223
470Apple, Inc.
Apple, Inc.861
Apple, Inc.750,000.00 1,227
684Alphabet (Google) Inc.
Alphabet (Google) Inc.
Alphabet (Google) Inc.
Alphabet (Google) Inc.
Johnson & Johnson
Johnson & Johnson
Johnson & Johnson
Microsoft Corporation
Microsoft Corporation
Microsoft Corporation
Stanford University
Stanford University
Stanford University
200,000.00
1,000,000.00
1,000,000.00
2,800,000.00
2,000,000.00
2,000,000.00
1,000,000.00
1,800,000.00
2,920,000.00
180,000.00
1,049
1,414
1,414
701
882
882
128
764
764
1,000,000.00
1,500,000.00
500,000.00
123
1,339
1,339
Portfolio CPA
AP
Run Date: 10/23/2023 - 01:14 FI (PRF_FI) 7.3.11
Report Ver. 7.3.11
Fund ALL - Portfolio Listings
Investments by Fund Page 8
September 30, 2023
Purchase Current
Rate
Maturity Days To
Date Maturity
YTM
360
YTM
365Par Value Market ValueCUSIPInvestment #Issuer Date Book Value
Corporate Medium Term Bonds
85440KAC8
85440KAC8
98459LAA1
98459LAA1
2709 MTN
2761 MTN
2376 MTN
2511 MTN
Stanford University
Stanford University
Yale University
10/19/2022
12/12/2022
07/01/2020
03/01/2021
1,366,641.72
406,618.57
1,530,000.00
450,000.00
1,338,826.50
393,772.50
1.289
1.289
0.873
0.873
4.487
4.142
0.616
0.638
4.550 06/01/2027
4.200 06/01/2027
0.625 04/15/2025
0.646 04/15/2025
1,339
1,339
5622,007,365.24
3,010,079.51
2,000,000.00
3,000,000.00
1,868,120.00
2,802,180.00Yale University 562
Subtotal and Average 29,063,021.18 29,330,000.00 27,184,248.50 1.580 1.602 805
Federal Agency Bonds
31315PL23
31315PEM7
31315P2J7
31315P2J7
31315PRA9
3132X0WL1
3130H0AU7
3130H0AU7
31315P4B2
31422BEJ5
31315PCY3
31315PEM7
31315PB99
31422BZS2
31422BF54
31422BF54
31422BH78
31422BX54
31422BZ45
31422B2E9
31422B3D0
31422B4A5
31422B3W8
31422B3D0
31422B6K1
1428 Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
01/09/2015
04/08/2016
04/21/2016
04/26/2016
10/18/2016
10/06/2017
01/09/2018
01/11/2018
12/14/2018
04/09/2019
04/08/2019
09/09/2019
03/11/2020
05/13/2020
06/24/2020
06/24/2020
07/08/2020
10/08/2020
10/21/2020
10/29/2020
11/20/2020
12/11/2020
12/16/2020
12/09/2020
01/15/2021
405,317.93
489,781.46
404,000.00
474,000.00
399,652.96
466,311.72
3.330
4.350
3.300
3.300
4.810
2.250
2.625
2.625
3.460
2.350
5.250
4.350
2.850
1.500
1.400
1.400
1.400
1.300
1.280
1.340
1.150
1.300
1.450
1.150
0.480
2.540
2.296
2.084
2.159
2.131
2.332
2.546
2.623
3.018
2.365
2.420
1.659
1.050
1.479
1.380
1.380
1.380
1.286
1.262
1.321
1.134
1.282
1.430
1.144
0.493
2.575 03/27/2024
2.328 08/04/2025
2.112 05/01/2024
2.189 05/01/2024
2.160 02/03/2026
2.365 08/23/2024
2.581 08/01/2024
2.660 08/01/2024
3.060 01/30/2024
2.398 04/09/2024
2.454 11/20/2024
1.683 08/04/2025
1.064 11/19/2027
1.500 05/13/2030
1.400 06/24/2030
1.400 06/24/2030
1.400 07/08/2030
1.304 09/27/2030
1.280 10/21/2030
1.340 10/29/2030
1.150 11/20/2030
1.300 12/11/2030
1.450 12/16/2030
1.160 11/20/2030
0.500 01/15/2026
178
6731580
1595 1,509,506.68
1,508,863.67
1,583,784.66
999,053.63
1,500,000.00
1,500,000.00
1,500,000.00
1,000,000.00
1,000,000.00
1,500,000.00
549,000.00
1,480,290.00
1,480,290.00
1,498,440.00
969,930.00
213
1604 213
1710 856
1867 327
1893 1,000,328.96
1,499,599.31
549,666.23
974,970.00 305
1901 1,462,455.00
545,178.96
305
1999 121
2034 999,762.91 1,000,000.00
678,000.00
983,510.00 191
2035 697,999.48 675,959.22 416
2098 575,611.13 550,000.00 541,079.00 673
2301 1,679,869.08
2,000,000.00
1,750,000.00
2,000,000.00
1,500,000.00
2,000,000.00
2,000,000.00
2,000,000.00
1,500,000.00
1,500,000.00
2,000,000.00
999,282.60
1,569,000.00
2,000,000.00
1,750,000.00
2,000,000.00
1,500,000.00
2,000,000.00
2,000,000.00
2,000,000.00
1,500,000.00
1,500,000.00
2,000,000.00
1,000,000.00
1,500,000.00
1,451,356.38
1,582,180.00
1,371,650.00
1,567,600.00
1,174,065.00
1,539,960.00
1,534,040.00
1,539,740.00
1,159,732.50
1,145,880.00
1,544,620.00
773,155.00
1,510
2,416
2,458
2,458
2,472
2,553
2,577
2,585
2,607
2,628
2,633
2,607
837
2340 Call
2366 Call
2367 Call
2381 Call
2425 Call
2435 Call
2439 Call
2449
2458 Call
2459 Call
2461
2471 1,499,313.33 1,359,660.00
Portfolio CPA
AP
Run Date: 10/23/2023 - 01:14 FI (PRF_FI) 7.3.11
Report Ver. 7.3.11
Fund ALL - Portfolio Listings
Investments by Fund Page 9
September 30, 2023
Purchase Current
Rate
Maturity Days To
Date Maturity
YTM
360
YTM
365Par Value Market ValueCUSIPInvestment #Issuer Date Book Value
Federal Agency Bonds
31422B6A3
31422B7E4
31422XAW2
31422XCB6
31422XDX7
31422XDX7
31422XEE8
31422XEL2
31422XFJ6
31422XDX7
31422XDX7
31422XNM0
31422XPS5
31422XQM7
31422XRK0
31422XRY0
31422XN32
3133EC7D0
3133EEVD9
3133EDWX6
3133EC2C7
3133EAG44
3133ELQ31
3133ELQ31
3133EL3H5
3133EL4W1
3133EL4W1
3133EL7K4
3133EMBH4
3133EMBJ0
3133EMAZ5
2473 Call Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Agricultural Mortgage
Federal Farm Credit Bank .
Federal Farm Credit Bank .
Federal Farm Credit Bank .
Federal Farm Credit Bank .
Federal Farm Credit Bank .
Federal Farm Credit Bank .
Federal Farm Credit Bank .
Federal Farm Credit Bank .
Federal Farm Credit Bank .
Federal Farm Credit Bank .
Federal Farm Credit Bank .
Federal Farm Credit Bank .
Federal Farm Credit Bank .
Federal Farm Credit Bank .
01/15/2021
01/28/2021
02/25/2021
03/04/2021
03/29/2021
03/31/2021
04/07/2021
04/15/2021
04/29/2021
05/20/2021
06/08/2021
10/05/2021
11/17/2021
12/01/2021
01/04/2022
12/29/2021
10/24/2022
05/13/2016
05/04/2017
06/21/2017
01/15/2019
03/13/2020
07/01/2020
07/01/2020
08/12/2020
09/03/2020
09/10/2020
09/22/2020
09/29/2020
09/29/2020
10/01/2020
1,495,080.00
1,000,000.00
1,500,000.00
990,911.80
1,500,000.00
1,000,000.00
1,500,000.00
1,000,000.00
1,500,000.00
1,500,000.00
1,500,000.00
2,000,000.00
1,500,000.00
1,500,000.00
255,000.00
1,140,945.00
761,430.00
1.290
1.320
1.530
1.470
0.830
0.830
2.070
1.375
1.660
0.830
0.830
1.050
1.150
1.320
1.320
2.150
4.720
2.125
2.300
2.910
2.130
2.630
1.330
1.330
0.570
0.610
0.610
0.550
0.530
0.530
1.250
1.319
1.301
1.509
1.581
0.828
0.913
2.074
1.311
1.627
0.864
0.820
1.035
1.272
1.301
1.301
2.120
4.655
1.930
2.274
2.143
2.662
1.089
1.311
1.311
0.587
0.611
0.611
0.542
0.522
0.537
1.246
1.338 01/15/2031
1.320 01/28/2031
1.530 02/25/2031
1.602 03/04/2031
0.840 03/27/2026
0.926 03/27/2026
2.103 04/07/2031
1.330 04/13/2028
1.650 04/29/2031
0.876 03/27/2026
0.831 03/27/2026
1.050 10/05/2026
1.290 11/17/2026
1.320 12/01/2026
1.320 01/04/2027
2.150 12/29/2031
4.720 10/24/2023
1.956 12/13/2024
2.306 03/25/2024
2.172 10/07/2024
2.699 11/09/2023
1.104 08/03/2026
1.330 07/01/2030
1.330 07/01/2030
0.595 08/12/2025
0.620 08/25/2025
0.620 08/25/2025
0.549 09/16/2025
0.530 09/29/2025
0.545 09/29/2025
1.263 06/24/2030
2,663
2,676
2,704
2,711
908
2484 Call
2496 Call
2513
1,157,745.00
786,980.00
2519 1,499,626.25
1,496,482.85
1,496,842.50
2,003,875.84
1,501,023.00
1,498,320.58
254,989.16
1,359,630.00
1,359,630.00
1,201,995.00
1,716,760.00
1,170,225.00
1,359,630.00
231,137.10
2524 908
2527 Call
2529
2,745
1,656
2,767
908
2530
2533
2540 908
2593 1,000,000.00
995,758.73
1,000,000.00
1,000,000.00
1,000,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,000,000.00
900,000.00
893,340.00 1,100
1,143
1,157
1,191
3,011
23
2621 891,430.00
2625 1,000,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,001,848.23
899,974.12
895,600.00
2634 1,338,840.00
1,186,185.00
1,499,190.00
960,820.00
2640 Call
2714
1615 439
1787 886,923.00 176
1822 503,446.06 500,000.00 487,550.00 372
2017 649,635.64 650,000.00 647,705.50 39
2314 1,041,697.60
1,500,000.00
1,500,000.00
1,499,301.04
1,499,713.73
1,499,712.61
1,500,000.00
1,500,000.00
1,499,551.25
1,998,270.77
1,000,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
2,000,000.00
940,260.00 1,037
2,465
2,465
681
2371 Call
2372 Call
2391 Call
2406 Call
2408 Call
2416 Call
2417 Call
2423 Call
2427 Call
1,169,115.00
1,169,115.00
1,375,080.00
1,374,240.00
1,374,240.00
1,369,770.00
1,367,280.00
1,367,280.00
1,550,960.00
694
694
716
729
729
2,458
Portfolio CPA
AP
Run Date: 10/23/2023 - 01:14 FI (PRF_FI) 7.3.11
Report Ver. 7.3.11
Fund ALL - Portfolio Listings
Investments by Fund Page 10
September 30, 2023
Purchase Current
Rate
Maturity Days To
Date Maturity
YTM
360
YTM
365Par Value Market ValueCUSIPInvestment #Issuer Date Book Value
Federal Agency Bonds
3133EMFG2
3133EMFG2
3133EMNB4
3133EMRE4
3133EMUG5
3133EN5S5
3133EPFB6
3133EPFB6
3133EPHA6
3133EPHA6
3133EPHJ7
3130A3VC5
3130AJMF3
3130AJP78
3130AJP78
3130AJR76
3130AJRG6
3130AJSR1
3130AJSR1
3130AJSR1
3130AJZ36
3130AJZ36
3130AK3Z7
3130AJZ36
3130AKAZ91
3130AJQS1
3130AKQN9
3130AKQV1
3130AKVH6
3130AKYB6
3130AL2J2
2442 Call Federal Farm Credit Bank .
Federal Farm Credit Bank .
Federal Farm Credit Bank .
Federal Farm Credit Bank .
Federal Farm Credit Bank .
Federal Farm Credit Bank .
Federal Farm Credit Bank .
Federal Farm Credit Bank .
Federal Farm Credit Bank .
Federal Farm Credit Bank .
Federal Farm Credit Bank .
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
11/04/2020
11/04/2020
01/14/2021
04/01/2021
05/27/2021
01/10/2023
04/12/2023
04/14/2023
04/28/2023
04/28/2023
04/28/2023
01/03/2018
05/28/2020
06/11/2020
06/11/2020
06/29/2020
06/24/2020
07/09/2020
07/09/2020
07/09/2020
08/27/2020
08/27/2020
09/29/2020
09/16/2020
09/29/2020
11/04/2020
01/28/2021
01/28/2021
02/10/2021
02/18/2021
02/26/2021
1,500,000.00
1,500,000.00
1,500,000.00
1,455,685.54
1,004,484.53
1,500,000.00
1,000,000.00
1,000,000.00
1,000,000.00
1,000,000.00
2,000,000.00
999,753.97
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,000,000.00
1,500,000.00
1,000,000.00
1,000,000.00
1,000,000.00
1,000,000.00
2,000,000.00
1,000,000.00
1,500,000.00
1,000,000.00
1,000,000.00
900,000.00
1,156,440.00
1,156,440.00
1,149,015.00
1,148,670.00
796,860.00
1.370
1.370
1.380
1.420
1.980
5.900
5.840
5.840
5.800
5.800
6.080
2.250
1.320
1.400
1.400
1.250
1.360
1.390
1.390
1.390
0.600
0.600
0.570
0.600
0.520
1.350
1.400
1.400
1.350
1.400
1.500
1.351
1.351
1.361
1.834
1.887
5.819
5.760
5.759
5.720
5.720
5.996
2.359
1.301
1.380
1.427
1.232
1.341
1.370
1.370
1.382
0.611
0.611
0.582
0.591
0.512
1.334
1.380
1.380
1.331
1.380
1.479
1.370 11/04/2030
1.370 11/04/2030
1.380 01/14/2031
1.859 02/18/2031
1.913 03/24/2031
5.900 01/10/2033
5.840 04/12/2032
5.839 04/12/2032
5.800 04/28/2031
5.800 04/28/2031
6.080 04/28/2033
2.392 12/08/2023
1.320 11/28/2028
1.400 06/11/2029
1.447 06/11/2029
1.250 06/29/2029
1.360 06/24/2030
1.390 07/09/2030
1.390 07/09/2030
1.401 07/09/2030
0.620 08/27/2025
0.620 08/27/2025
0.590 09/29/2025
0.599 08/27/2025
0.520 09/29/2025
1.353 06/25/2030
1.400 01/09/2031
1.400 01/28/2031
1.350 02/10/2031
1.400 02/18/2031
1.500 02/26/2031
2,591
2,591
2,662
2,697
2,731
3,389
3,116
3,116
2,766
2,766
3,497
68
2443 Call
2472 Call
2525 Call
2538 Call
2789 Call
2865 Call
2880 Call
2884 Call
2887 Call
2888 Call
1886
1,460,205.00
971,920.00
971,920.00
973,080.00
973,080.00
1,987,500.00
993,060.00
2347 Call
2358 Call
2361 Call
2368 Call
2369 Call
2375 Call
2377 Call
2384 Call
2395 Call
2399 Call
2405 Call
2411 Call
2419 Call
2445 Call
2475 Call
2476 Call
2485 Call
2490 Call
2494 Call
1,500,000.00
1,000,000.00
997,469.14
1,241,460.00
813,090.00
1,885
2,080
2,080
2,098
2,458
2,473
2,473
2,473
696
813,090.00
900,000.00 723,987.00
1,500,000.00
1,500,000.00
1,500,000.00
1,498,882.58
1,499,428.33
1,499,428.33
1,499,401.67
1,180,000.00
1,500,000.00
1,199,731.83
1,500,000.00
1,500,000.00
1,500,000.00
2,000,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,180,000.00
1,500,000.00
1,200,000.00
1,500,000.00
1,500,000.00
1,500,000.00
2,000,000.00
1,500,000.00
1,172,355.00
1,173,090.00
1,173,090.00
1,173,090.00
1,373,700.00
1,373,700.00
1,368,405.00
1,080,644.00
1,366,995.00
937,140.00
696
729
696
729
2,459
2,657
2,676
2,689
2,697
2,705
1,151,370.00
1,149,240.00
1,143,285.00
1,529,160.00
1,154,970.00
Portfolio CPA
AP
Run Date: 10/23/2023 - 01:14 FI (PRF_FI) 7.3.11
Report Ver. 7.3.11
Fund ALL - Portfolio Listings
Investments by Fund Page 11
September 30, 2023
Purchase Current
Rate
Maturity Days To
Date Maturity
YTM
360
YTM
365Par Value Market ValueCUSIPInvestment #Issuer Date Book Value
Federal Agency Bonds
3130ALF66
3130ALF33
3130APPJ8
3130APV77
3130APW84
3130APXD2
3130APWY7
3130APXT7
3130AQSM6
3130AQX65
3130AQYA5
3130AQYG2
3130AQZD8
3130ATKJ5
3130ATYM3
3130AUFY5
3130AUJJ4
3130AULM4
3130AUU28
3130AVCN0
3130AVYF3
3134GVUA4
3134GV3B2
3134GV3U0
3134GV4E5
3134GV5D6
3134GV5A2
3134GV7L6
3134GV7L6
3134GWNC6
3134GWC53
2500 Call Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Federal Home Loan Bank
Fed. Home Loan Mortgage Corp.
Fed. Home Loan Mortgage Corp.
Fed. Home Loan Mortgage Corp.
Fed. Home Loan Mortgage Corp.
Fed. Home Loan Mortgage Corp.
Fed. Home Loan Mortgage Corp.
Fed. Home Loan Mortgage Corp.
Fed. Home Loan Mortgage Corp.
Fed. Home Loan Mortgage Corp.
Fed. Home Loan Mortgage Corp.
02/25/2021
03/25/2021
11/04/2021
12/10/2021
12/03/2021
12/17/2021
12/07/2021
12/17/2021
02/25/2022
03/04/2022
02/28/2022
02/28/2022
02/25/2022
10/14/2022
11/22/2022
01/05/2023
01/30/2023
01/26/2023
02/08/2023
03/13/2023
05/24/2023
05/18/2020
06/30/2020
06/29/2020
07/01/2020
07/08/2020
07/15/2020
07/29/2020
07/29/2020
08/20/2020
09/15/2020
1,500,000.00
1,919,673.20
1,000,000.00
1,000,000.00
1,000,000.00
1,000,000.00
1,000,000.00
1,000,000.00
1,000,000.00
1,000,000.00
1,000,000.00
1,500,000.00
1,000,000.00
1,499,465.92
1,499,936.25
1,499,596.58
1,094,594.59
1,500,000.00
1,000,000.00
499,977.50
1,500,000.00
1,925,000.00
1,000,000.00
1,000,000.00
1,000,000.00
1,000,000.00
1,000,000.00
1,000,000.00
1,000,000.00
1,000,000.00
1,000,000.00
1,500,000.00
1,000,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,094,594.59
1,500,000.00
1,000,000.00
500,000.00
1,166,235.00
1,728,111.00
785,780.00
895,410.00
895,490.00
895,830.00
890,890.00
897,280.00
904,530.00
910,180.00
910,580.00
1,376,805.00
921,490.00
1,490,040.00
1,498,605.00
1,496,505.00
1,077,595.54
1,446,885.00
997,510.00
499,600.00
976,540.00
382,909.80
1,175,265.00
1,206,645.00
1,227,480.00
1,224,435.00
1,171,155.00
1,167,480.00
1,167,480.00
916,990.00
1,372,485.00
1.625
0.750
2.000
1.500
1.500
1.550
1.350
1.600
2.050
2.250
2.250
2.500
2.625
4.375
4.875
4.750
5.555
5.620
5.000
5.375
6.000
1.200
1.400
1.250
1.200
1.200
1.375
1.350
1.350
0.625
0.650
1.602
0.853
1.972
1.479
1.479
1.528
1.331
1.578
2.021
2.219
2.219
2.470
2.589
4.400
4.838
4.790
5.479
5.543
4.931
5.311
5.917
1.183
1.380
1.232
1.183
1.183
1.356
1.331
1.331
0.616
0.641
1.625 02/25/2031
0.865 03/16/2026
2.000 11/04/2031
1.500 12/10/2026
1.500 12/03/2026
1.550 12/17/2026
1.350 12/07/2026
1.600 12/17/2026
2.050 02/25/2027
2.250 03/04/2027
2.250 02/24/2027
2.504 02/25/2027
2.625 02/25/2027
4.461 03/08/2024
4.906 11/22/2023
4.856 01/05/2024
5.555 01/27/2028
5.620 01/26/2033
5.000 02/08/2024
5.385 03/13/2024
6.000 05/24/2033
1.200 05/18/2028
1.400 06/28/2030
1.250 06/29/2029
1.199 12/29/2028
1.200 01/08/2029
1.375 07/15/2030
1.350 07/29/2030
1.350 07/29/2030
0.625 08/19/2025
0.650 09/15/2025
2,704
8972520 Call
2607 Call
2613 Call
2616 Call
2618 Call
2619 Call
2620 Call
2659 Call
2662 Call
2663 Call
2664 Call
2665 Call
2703
2,956
1,166
1,159
1,173
1,163
1,173
1,243
1,250
1,242
1,243
1,243
159
2737 52
2787 96
2794 Call
2802 Call
2824
1,579
3,405
130
2844 164
2902 Call
2345 Call
2370 Call
2373 Call
2379 Call
2380 Call
2382 Call
2386 Call
2387 Call
2396 Call
2400 Call
1,000,000.00
455,000.00
1,000,000.00
455,000.00
3,523
1,691
2,462
2,098
1,916
1,926
2,479
2,493
2,493
688
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,000,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,000,000.00
1,500,000.00 715
Portfolio CPA
AP
Run Date: 10/23/2023 - 01:14 FI (PRF_FI) 7.3.11
Report Ver. 7.3.11
Fund ALL - Portfolio Listings
Investments by Fund Page 12
September 30, 2023
Purchase Current
Rate
Maturity Days To
Date Maturity
YTM
360
YTM
365Par Value Market ValueCUSIPInvestment #Issuer Date Book Value
Federal Agency Bonds
3134GWA55
3134GWD52
3134GWP75
3134GWP75
3134GWVV5
3134GWW93
3134GWW93
3134GWXK7
3134GWXX9
3134GWY26
3134GWYZ3
3134GWZ33
3134GWZL3
3134GW3T1
3134GW3H7
3134GWZZ2
3134GW3Z7
3134GW3X2
3134GW6N1
3134GW6N1
31364CCC0
3136G4R62
3136G4S87
3136G4Q97
3136G4V59
3136G44G5
3136G43L5
3136G44L4
3135G05Q2
3135GAAS0
3135G06Q1
2404 Call Fed. Home Loan Mortgage Corp.
Fed. Home Loan Mortgage Corp.
Fed. Home Loan Mortgage Corp.
Fed. Home Loan Mortgage Corp.
Fed. Home Loan Mortgage Corp.
Fed. Home Loan Mortgage Corp.
Fed. Home Loan Mortgage Corp.
Fed. Home Loan Mortgage Corp.
Fed. Home Loan Mortgage Corp.
Fed. Home Loan Mortgage Corp.
Fed. Home Loan Mortgage Corp.
Fed. Home Loan Mortgage Corp.
Fed. Home Loan Mortgage Corp.
Fed. Home Loan Mortgage Corp.
Fed. Home Loan Mortgage Corp.
Fed. Home Loan Mortgage Corp.
Fed. Home Loan Mortgage Corp.
Fed. Home Loan Mortgage Corp.
Fed. Home Loan Mortgage Corp.
Fed. Home Loan Mortgage Corp.
Federal National Mortgage Asso
Federal National Mortgage Asso
Federal National Mortgage Asso
Federal National Mortgage Asso
Federal National Mortgage Asso
Federal National Mortgage Asso
Federal National Mortgage Asso
Federal National Mortgage Asso
Federal National Mortgage Asso
Federal National Mortgage Asso
Federal National Mortgage Asso
09/09/2020
09/04/2020
09/23/2020
09/23/2020
10/15/2020
09/30/2020
09/30/2020
09/30/2020
10/15/2020
10/08/2020
10/28/2020
10/22/2020
10/29/2020
10/28/2020
10/29/2020
10/28/2020
10/28/2020
10/27/2020
11/05/2020
11/05/2020
11/10/2016
08/28/2020
08/27/2020
08/27/2020
08/27/2020
09/22/2020
09/30/2020
09/25/2020
12/07/2020
12/23/2020
12/30/2020
1,447,000.00
1,500,000.00
1,500,000.00
1,000,000.00
1,500,000.00
2,000,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
2,000,000.00
1,500,000.00
2,000,000.00
750,000.00
1,447,000.00
1,500,000.00
1,500,000.00
1,000,000.00
1,500,000.00
2,000,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
2,000,000.00
1,500,000.00
2,000,000.00
750,000.00
1,324,786.38
1,375,035.00
1,370,745.00
913,830.00
0.650
0.680
0.625
0.625
0.500
0.550
0.550
0.550
0.550
0.570
0.530
1.250
0.570
1.400
0.610
1.300
0.600
0.625
1.400
1.400
7.125
0.625
0.650
0.650
0.625
0.515
0.550
0.600
0.875
1.400
0.640
0.641
0.670
0.616
0.616
0.493
0.542
0.542
0.542
0.542
0.562
0.522
1.232
0.562
1.380
0.601
1.282
0.591
0.616
1.380
1.380
2.367
0.616
0.641
0.641
0.616
0.507
0.542
0.591
1.139
1.380
0.597
0.650 09/09/2025
0.679 09/02/2025
0.625 09/23/2025
0.625 09/23/2025
0.500 10/15/2025
0.550 09/30/2025
0.550 09/30/2025
0.550 09/30/2025
0.550 10/15/2025
0.570 10/08/2025
0.530 10/28/2025
1.250 10/22/2030
0.570 10/29/2025
1.400 10/28/2030
0.610 10/29/2025
1.300 10/28/2030
0.600 10/28/2025
0.625 10/27/2025
1.400 11/05/2030
1.400 11/05/2030
2.400 04/30/2026
0.625 08/28/2025
0.650 08/27/2025
0.650 08/27/2025
0.625 08/27/2025
0.515 09/22/2025
0.550 09/30/2025
0.600 09/25/2025
1.155 08/05/2030
1.400 12/23/2030
0.605 12/30/2025
709
7022407 Call
2409 Call
2410 Call
2418 Call
2421 Call
2422 Call
2424 Call
2426 Call
2428 Call
2430 Call
2431 Call
2432 Call
2433 Call
2434 Call
2436 Call
2437 Call
2438 Call
2440 Call
2444 Call
1715
723
723
1,369,365.00
1,823,600.00
1,367,700.00
1,367,700.00
1,364,835.00
1,366,515.00
1,362,240.00
1,147,800.00
1,363,245.00
1,546,800.00
1,364,535.00
1,535,240.00
682,140.00
745
730
730
730
745
738
758
2,578
759
2,584
759
2,584
758
1,500,000.00
1,500,000.00
1,500,000.00
554,241.64
1,500,000.00
1,500,000.00
1,500,000.00
500,000.00
1,365,165.00
1,158,930.00
1,158,930.00
525,845.00
757
2,592
2,592
942
2392 Call
2393 Call
2394 Call
2397 Call
2412 Call
2413 Call
2415 Call
2460
1,000,000.00
1,000,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,963,826.38
1,500,000.00
1,000,759.56
1,000,000.00
1,000,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
2,000,000.00
1,500,000.00
1,000,000.00
916,150.00 697
916,690.00 696
1,375,035.00
1,374,360.00
1,367,835.00
1,367,700.00
1,369,785.00
1,544,240.00
1,153,290.00
902,910.00
696
696
722
730
725
2,500
2,640
821
2463 Call
2467 Call
Portfolio CPA
AP
Run Date: 10/23/2023 - 01:14 FI (PRF_FI) 7.3.11
Report Ver. 7.3.11
Fund ALL - Portfolio Listings
Investments by Fund Page 13
September 30, 2023
Purchase Current
Rate
Maturity Days To
Date Maturity
YTM
360
YTM
365Par Value Market ValueCUSIPInvestment #Issuer Date Book Value
Federal Agency Bonds
880591CJ9
880591ER9
880591CJ9
880591CJ9
1508 Tennessee Valley Authority
Tennessee Valley Authority
Tennessee Valley Authority
Tennessee Valley Authority
11/20/2015
01/15/2016
04/18/2016
11/10/2016
1,070,386.07
751,752.25
837,962.26
1,352,762.30
1,000,000.00
750,000.00
775,000.00
1,250,000.00
1,028,310.00
731,430.00
796,940.25
1,285,387.50
6.750
2.875
6.750
6.750
2.807
2.564
2.337
2.317
2.846 11/01/2025
2.600 09/15/2024
2.370 11/01/2025
2.350 11/01/2025
762
350
762
762
1519
1589
1714
Subtotal and Average 203,505,003.24 203,005,594.59 176,522,047.81 1.641 1.664 1,615
Treasury Securities (Notes)
91282CBC4
91282CBQ3
91282CCP4
91282CFN6
91282CER8
2505 TB
2516 TB
2587 TB
2701 TB
2740 TB
U.S. Treasury
U.S. Treasury
U.S. Treasury
U.S. Treasury
U.S. Treasury
02/26/2021
03/09/2021
09/24/2021
10/07/2022
11/23/2022
1,487,854.01
1,488,283.23
1,488,551.85
1,000,472.63
1,479,040.23
1,500,000.00
1,500,000.00
1,500,000.00
1,000,000.00
1,500,000.00
1,356,030.00
1,350,465.00
1,335,060.00
988,320.00
0.375
0.500
0.625
4.250
2.500
0.731
0.819
0.888
4.142
4.636
0.742 12/31/2025
0.831 02/28/2026
0.901 07/31/2026
4.199 09/30/2024
4.700 05/31/2024
822
881
1,034
365
1,470,990.00 243
Subtotal and Average 6,944,201.95 7,000,000.00 6,500,865.00 2.107 2.137 690
Municipal Bonds
010878AS5
010878BK1
010831DS1
010831DT9
010411CT1
03667PFN7
03667PHJ4
03667PHL9
072024XC1
084154G49
088006KA8
088006KB6
088023PL4
121457EQ4
119174AJ9
12082SDN1
127109QD1
2173 MUN
2691 MUN
2005 MUN
2566 MUN
2835 MUN
2069 MUN
2694 MUN
2784 MUN
2558 MUN
2817 MUN
2612 MUN
2680 MUN
2682 MUN
1548 MUN
2734 MUN
2570 MUN
2119 MUN
County of Alameda 12/05/2019
09/21/2022
12/24/2018
08/13/2021
02/15/2023
08/16/2019
09/23/2022
01/05/2023
07/26/2021
01/26/2023
11/15/2021
04/01/2022
04/13/2022
02/24/2016
11/18/2022
08/30/2021
10/08/2019
303,938.16
1,437,968.84
506,091.95
117,024.91
978,755.46
504,447.06
929,960.96
542,075.75
1,764,114.24
206,135.89
349,519.41
464,719.16
920,472.84
249,745.06
561,387.59
1,011,230.94
2,000,000.00
290,000.00
1,500,000.00
505,000.00
110,000.00
1,000,000.00
500,000.00
1,080,000.00
675,000.00
1,750,000.00
250,000.00
350,000.00
490,000.00
920,000.00
240,000.00
685,000.00
1,000,000.00
2,000,000.00
281,239.10
1,353,915.00
488,572.35
105,012.60
952,130.00
489,590.00
889,466.40
525,210.75
1,578,675.00
195,130.00
314,027.00
427,270.20
860,439.20
242,524.80
547,061.55
898,930.00
1,810,280.00
4.000
3.699
3.365
3.395
3.450
3.026
1.661
1.861
1.079
1.856
1.147
1.327
2.700
6.238
1.882
1.367
2.385
2.139
4.281
3.175
0.925
4.142
1.876
4.389
4.911
0.739
4.524
1.183
2.810
2.644
3.557
5.076
0.947
2.342
2.168 08/01/2026
4.340 08/01/2031
3.220 06/01/2025
0.938 06/01/2026
4.200 11/01/2026
1.902 08/01/2024
4.450 08/01/2029
4.980 08/01/2031
0.750 04/01/2026
4.586 08/01/2031
1.200 06/01/2026
2.850 06/01/2027
2.681 08/01/2026
3.606 08/01/2025
5.147 07/01/2030
0.960 08/01/2026
2.375 08/01/2027
1,035
2,861
609
County of Alameda
Alameda County Joint Pws Auth.
Alameda County Joint Pws Auth.
State of Alabama
974
1,127
305Antelope Valley Community Coll
Antelope Valley Community Coll
Antelope Valley Community Coll
Bay Area Toll Authority
2,131
2,861
913
Berkeley Unified School Dist.
Beverly Hills Public Fing Auth
Beverly Hills Public Fing Auth
Beverly Hills Unified Sch Dist
Burlingame School District
City of Buena Park
2,861
974
1,339
1,035
670
2,465
1,035
1,400
Burbank Unified School Distri.
Cabrillo Community College Dis
Portfolio CPA
AP
Run Date: 10/23/2023 - 01:14 FI (PRF_FI) 7.3.11
Report Ver. 7.3.11
Fund ALL - Portfolio Listings
Investments by Fund Page 14
September 30, 2023
Purchase Current
Rate
Maturity Days To
Date Maturity
YTM
360
YTM
365Par Value Market ValueCUSIPInvestment #Issuer Date Book Value
Municipal Bonds
142665DJ4
13034AL73
13034AL99
13067WRC8
13067WRD6
15722TJR3
15722TJQ5
15722TJS1
15722TJQ5
157432KL8
17131RAU0
13124MCE3
13124MCB9
13124MCB9
134159A77
21969AAJ1
212204JJ1
212204JK8
212204JK8
212204JF9
212204LM1
250375JX1
250375LA8
250433UA5
284035AK8
3133EPAF2
357172VA0
357172C52
345102PF8
345102PG6
359819DN6
1857 MUN
2666 MUN
2893 MUN
2633 MUN
2645 MUN
2564 MUN
2589 MUN
2830 MUN
2842 MUN
2698 MUN
2653 MUN
2544 MUN
2646 MUN
2791 MUN
2753 MUN
2601 MUN
2103 MUN
2120 MUN
2244 MUN
2291 MUN
2555 MUN
2611 MUN
2738 MUN
2635 MUN
2696 MUN
2829
Carlsbad Unified School Dist .
CA Infrastructure -Econ Dev Bk
CA Infrastructure -Econ Dev Bk
CA ST Dept of WTR Resources
CA ST Dept of WTR Resources
Chabot-Las Positas CCD
09/27/2017
02/16/2022
05/08/2023
12/13/2021
12/23/2021
08/16/2021
09/29/2021
02/13/2023
03/07/2023
10/06/2022
01/10/2022
07/01/2021
12/27/2021
01/09/2023
12/07/2022
10/14/2021
09/12/2019
09/20/2019
02/07/2020
03/09/2020
08/02/2021
11/12/2021
11/23/2022
12/16/2021
09/29/2022
02/10/2023
06/28/2016
10/01/2021
10/06/2022
01/27/2023
02/14/2018
322,757.32
202,739.68
448,102.93
177,992.32
295,156.60
286,338.69
124,931.95
183,295.17
932,059.72
256,052.56
977,988.61
562,499.78
597,549.38
154,664.81
418,166.67
504,829.35
401,979.87
975,937.04
1,510,481.55
324,392.57
1,014,560.09
197,575.11
186,253.96
893,752.42
766,472.27
499,742.81
531,016.51
237,824.90
1,193,640.82
509,087.03
997,214.99
305,000.00
210,000.00
500,000.00
180,000.00
300,000.00
285,000.00
125,000.00
205,000.00
1,000,000.00
300,000.00
1,000,000.00
550,000.00
600,000.00
170,000.00
500,000.00
500,000.00
400,000.00
990,000.00
1,500,000.00
320,000.00
1,000,000.00
200,000.00
200,000.00
880,000.00
935,000.00
500,000.00
500,000.00
235,000.00
1,230,000.00
540,000.00
995,000.00
305,170.80
186,146.10
421,020.00
163,510.20
263,310.00
254,416.65
115,287.50
178,151.15
922,300.00
251,463.00
885,150.00
461,065.00
537,420.00
152,269.00
409,315.00
413,315.00
352,128.00
849,479.40
1,287,090.00
301,369.60
900,850.00
173,946.00
186,570.00
805,094.40
745,634.45
498,585.00
505,740.00
186,514.80
1,180,849.20
498,727.80
940,722.75
5.234
1.035
1.466
0.790
0.920
1.080
0.880
1.287
0.880
2.329
0.840
1.865
1.097
1.097
1.472
2.242
2.213
2.263
2.263
1.918
1.300
1.169
3.000
1.982
2.267
4.750
6.080
2.020
0.575
0.906
3.160
2.850
2.224
3.728
1.301
1.430
0.897
0.897
4.296
4.783
4.931
1.676
1.425
1.233
4.625
4.714
2.052
2.071
2.505
2.100
1.128
0.764
1.479
4.965
1.390
5.118
4.833
2.994
1.825
4.241
4.172
3.028
2.890 08/01/2026
2.254 10/01/2026
3.780 10/01/2028
1.320 12/01/2025
1.450 12/01/2026
0.910 08/01/2026
0.910 08/01/2025
4.356 08/01/2027
4.850 08/01/2025
5.000 06/01/2030
1.700 06/01/2026
1.445 07/01/2029
1.250 07/01/2026
4.690 07/01/2026
4.780 08/01/2029
2.081 05/01/2030
2.100 08/01/2028
2.539 08/01/2029
2.130 08/01/2029
1.143 08/01/2025
0.775 08/01/2026
1.500 08/01/2027
5.034 08/01/2027
1.410 08/01/2026
5.190 07/01/2031
4.900 02/08/2024
3.035 02/01/2026
1.851 08/01/2031
4.300 08/01/2024
4.230 08/01/2025
3.070 08/01/2026
1,035
1,096
1,827
792
1,157
1,035
670Chabot-Las Positas CCD
Chabot-Las Positas CCD 1,400
670Chabot-Las Positas CCD
Chaffey Community Clg District
City of Chula Vista
2,435
974
Calleguas Municipal Water Dist
Calleguas Municipal Water Dist
Calleguas Municipal Water Dist
Campbell Union High Sch Dist
City of Corona
2,100
1,004
1,004
2,131
2,404
1,766
2,131
2,131
670
Contra Costa Community College
Contra Costa Community College
Contra Costa Community College
Contra Costa Community College
Contra Costa Community College
Desert Community Clg Dist
Desert Community Clg Dist
Desert Sands Unif Sch District
City of El Segundo
1,035
1,400
1,400
1,035
2,830
130Federal Farm Credit Bank .
Fremon Union High School Distr
Fremon Union High School Distr
Foothill-De Anza Comm Clg Dist
Foothill-De Anza Comm Clg Dist
Fullerton School District
1646 MUN
2595 MUN
2699 MUN
2818 MUN
1916 MUN
854
2,861
305
670
1,035
Portfolio CPA
AP
Run Date: 10/23/2023 - 01:14 FI (PRF_FI) 7.3.11
Report Ver. 7.3.11
Fund ALL - Portfolio Listings
Investments by Fund Page 15
September 30, 2023
Purchase Current
Rate
Maturity Days To
Date Maturity
YTM
360
YTM
365Par Value Market ValueCUSIPInvestment #Issuer Date Book Value
Municipal Bonds
359819DM8
359819DN6
3733844V5
373384RX6
373384RY4
373384RY4
373384SP2
373385BU6
373384RV0
373384RY4
373384RW8
378612AL9
378612AL9
378612AJ4
378460A74
419792DA1
419791YS1
419791YT9
419792F92
446201AE5
446201AE5
446216HN6
446201AE5
530319SP8
503433AK0
544290JH3
544351NP0
544351MS5
544351NQ8
544351LQ0
544351KV0
1917 MUN
2085 MUN
1666 MUN
1775 MUN
1919 MUN
1945 MUN
1962 MUN
1967 MUN
2086 MUN
2229 MUN
2332 MUN
2109 MUN
2137 MUN
2590 MUN
2739 MUN
1685 MUN
1961 MUN
1995 MUN
2820 MUN
2560 MUN
2562 MUN
2790 MUN
2840 MUN
2768 MUN
2660 MUN
2681 MUN
1969 MUN
2008 MUN
2200 MUN
2213 MUN
2283 MUN
Fullerton School District
Fullerton School District
State of Georgia
02/14/2018
08/29/2019
07/29/2016
04/10/2017
01/26/2018
03/19/2018
10/25/2018
10/31/2018
08/29/2019
01/31/2020
03/23/2020
09/16/2019
10/02/2019
09/29/2021
11/25/2022
10/19/2016
10/25/2018
12/06/2018
01/30/2023
08/12/2021
08/13/2021
01/09/2023
03/03/2023
12/15/2022
02/07/2022
03/24/2022
11/02/2018
01/07/2019
01/06/2020
01/22/2020
03/05/2020
750,486.34
376,751.65
1,833,350.89
255,414.75
1,132,033.36
205,513.74
390,000.00
342,540.40
1,500,000.00
454,210.54
1,018,180.44
1,340,185.29
400,672.22
1,401,024.31
467,482.53
1,063,926.58
255,417.55
832,610.92
661,450.43
1,011,137.02
1,010,656.97
680,291.93
157,554.11
458,763.92
499,917.40
492,492.39
292,911.19
1,009,779.41
870,093.65
1,016,158.38
1,044,494.65
750,000.00
365,000.00
1,825,000.00
250,000.00
1,095,000.00
200,000.00
390,000.00
350,000.00
1,500,000.00
425,000.00
1,000,000.00
1,345,000.00
400,000.00
1,365,000.00
535,000.00
1,045,000.00
250,000.00
800,000.00
700,000.00
1,000,000.00
1,000,000.00
805,000.00
175,000.00
530,000.00
500,000.00
500,000.00
295,000.00
1,000,000.00
840,000.00
985,000.00
1,000,000.00
718,912.50
345,089.25
1,757,183.00
244,225.00
1,072,771.50
195,940.00
390,000.00
326,658.50
1,500,000.00
416,372.50
984,000.00
1,181,636.30
351,416.00
1,255,240.35
459,575.70
987,430.95
249,167.50
800,752.00
647,682.00
900,200.00
900,200.00
668,576.65
157,535.00
448,152.10
409,075.00
478,150.00
280,456.50
956,040.00
791,691.60
884,598.95
946,690.00
3.040
3.160
2.375
4.000
4.310
4.310
3.740
2.720
3.720
4.310
3.820
2.265
2.265
2.108
1.113
3.150
5.230
5.330
1.033
1.344
1.344
1.731
1.344
1.484
2.673
1.000
3.300
3.500
3.400
3.050
3.150
2.959
1.913
1.972
2.739
2.979
3.204
3.093
3.412
1.749
1.837
1.889
2.318
2.194
1.075
4.686
2.431
3.363
3.304
4.172
0.909
0.927
4.931
5.340
4.614
2.638
2.522
3.530
3.077
2.360
2.413
1.519
3.000 08/01/2025
1.940 08/01/2026
1.999 02/01/2025
2.777 10/01/2025
3.020 10/01/2026
3.248 10/01/2026
3.136 10/01/2023
3.460 02/01/2027
1.774 10/01/2023
1.863 10/01/2026
1.915 10/01/2024
2.350 06/01/2028
2.225 06/01/2028
1.090 06/01/2026
4.751 09/01/2027
2.465 10/01/2026
3.410 02/01/2025
3.350 02/01/2026
4.230 08/01/2025
0.921 06/15/2026
0.939 06/15/2026
5.000 05/01/2029
5.414 06/15/2026
4.678 08/01/2028
2.675 08/01/2031
2.557 10/01/2024
3.579 09/01/2026
3.119 09/01/2026
2.393 09/01/2027
2.446 09/01/2029
1.541 09/01/2026
670
1,035
489
State of Georgia 731
State of Georgia 1,096
1,096
0
State of Georgia
State of Georgia
State of Georgia 1,219
0State of Georgia
State of Georgia 1,096
366State of Georgia
City of Glendora 1,705
1,705
974
City of Glendora
City of Glendora
Glendale Unified School Dist.
State of Hawaii
1,431
1,096
489State of Hawaii
State of Hawaii 854
State of Hawaii 670
City of Huntington Beach
City of Huntington Beach
City of Huntington Beach
City of Huntington Beach
Liberty Union High Sch Distr
City of La Habra
988
988
2,039
988
1,766
2,861
366Los Altos Elementary Sch Distr
City of Los Angeles
City of Los Angeles
City of Los Angeles
City of Los Angeles
City of Los Angeles
1,066
1,066
1,431
2,162
1,066
Portfolio CPA
AP
Run Date: 10/23/2023 - 01:14 FI (PRF_FI) 7.3.11
Report Ver. 7.3.11
Fund ALL - Portfolio Listings
Investments by Fund Page 16
September 30, 2023
Purchase Current
Rate
Maturity Days To
Date Maturity
YTM
360
YTM
365Par Value Market ValueCUSIPInvestment #Issuer Date Book Value
Municipal Bonds
544351QX0
544351MR7
544351KT5
54438CYN6
54438CYL0
54438CYL0
54438CYL0
54438CMS8
5447122K7
544495VX9
544495VX9
57582PUT5
57582PUT5
57582PUS7
5741926N5
5741926N5
5946108C4
601670ML3
562784AM0
586840ND8
62451FJE1
56781RGU5
56781RGT8
56781RJL2
56781RJJ7
56781RKH9
56781RKH9
56781RKU0
56781RKD8
623040KQ4
623040KX9
2692 MUN
2783 MUN
2800 MUN
2487 MUN
2592 MUN
2614 MUN
2642 MUN
2871 MUN
2641 MUN
1949 MUN
1965 MUN
2227 MUN
2543 MUN
2684 MUN
2184 MUN
2581 MUN
2002 MUN
2746 MUN
2647 MUN
2104 MUN
2708 MUN
1858 MUN
1973 MUN
2084 MUN
2287 MUN
2495 MUN
2499 MUN
2568 MUN
2588 MUN
2208 MUN
2661 MUN
City of Los Angeles 09/28/2022
12/23/2022
01/17/2023
01/28/2021
09/30/2021
11/15/2021
12/21/2021
04/10/2023
12/21/2021
03/29/2018
10/29/2018
01/30/2020
07/01/2021
04/05/2022
12/16/2019
09/23/2021
12/21/2018
12/02/2022
01/05/2022
10/08/2019
10/19/2022
09/28/2017
11/05/2018
08/29/2019
03/06/2020
02/25/2021
02/25/2021
09/14/2021
09/29/2021
02/04/2020
02/07/2022
999,550.80
292,838.40
305,893.99
1,022,522.95
250,654.71
1,496,860.61
274,048.67
1,142,431.97
1,065,760.38
1,606,622.45
450,285.80
281,759.63
1,178,982.66
1,057,732.09
519,180.74
261,145.54
705,608.37
539,928.88
657,891.64
1,000,000.00
1,055,147.61
507,344.03
119,028.62
262,665.32
330,788.20
1,000,000.00
708,199.91
1,000,000.00
282,163.09
230,000.00
806,701.16
1,000,000.00
300,000.00
310,000.00
1,000,000.00
250,000.00
1,500,000.00
275,000.00
1,000,000.00
1,000,000.00
1,500,000.00
425,000.00
250,000.00
1,000,000.00
1,000,000.00
500,000.00
245,000.00
700,000.00
630,000.00
650,000.00
1,000,000.00
1,135,000.00
500,000.00
120,000.00
250,000.00
310,000.00
1,000,000.00
710,000.00
1,000,000.00
285,000.00
230,000.00
785,000.00
931,660.00
289,857.00
302,680.90
814,810.00
223,177.50
1,339,065.00
245,495.25
1,096,140.00
994,340.00
1,524,255.00
431,872.25
246,205.00
984,820.00
984,460.00
492,665.00
241,405.85
674,667.00
533,043.00
515,599.50
904,170.00
1,037,821.30
468,625.00
113,642.40
234,810.00
307,842.40
784,200.00
556,782.00
887,840.00
251,449.80
200,861.30
670,178.05
4.400
3.450
2.840
1.806
1.174
1.174
1.174
7.530
5.130
5.516
5.516
4.910
4.910
4.760
4.350
4.350
3.850
1.451
2.341
2.214
1.893
3.272
3.172
3.330
5.000
1.451
1.451
0.893
0.679
2.569
2.649
4.346
4.724
4.290
1.432
1.064
1.233
1.282
4.615
1.085
3.254
3.600
2.331
1.484
2.968
2.089
0.690
3.452
4.802
2.129
2.183
4.487
2.791
3.452
1.874
1.193
1.431
1.470
0.880
1.025
2.533
2.173
4.406 09/01/2032
4.790 09/01/2025
4.350 09/01/2024
1.452 08/01/2030
1.078 08/01/2026
1.250 08/01/2026
1.300 08/01/2026
4.680 08/01/2029
1.100 06/01/2025
3.300 07/01/2027
3.650 07/01/2027
2.363 05/01/2029
1.505 05/01/2029
3.010 05/01/2027
2.118 08/01/2025
0.700 08/01/2025
3.500 05/15/2026
4.869 08/01/2028
2.159 01/01/2032
2.214 07/01/2027
4.550 09/01/2026
2.830 08/01/2027
3.500 08/01/2026
1.900 08/01/2027
1.210 08/01/2025
1.451 08/01/2030
1.490 08/01/2030
0.893 08/01/2026
1.040 08/01/2026
2.569 08/01/2029
2.203 08/01/2030
3,258
701City of Los Angeles
City of Los Angeles 336
Los Angeles Community College
Los Angeles Community College
Los Angeles Community College
Los Angeles Community College
Los Angeles Community College
Los Angeles Cnty Met Tran Auth
Los Angeles Dept. of WTR & PWR
Los Angeles Dept. of WTR & PWR
State of Massachusetts
2,496
1,035
1,035
1,035
2,131
609
1,369
1,369
2,039
2,039
1,308
670
State of Massachusetts
State of Massachusetts
State of Maryland
State of Maryland 670
State of Michigan 957
Milpitas Unified School Distr
City of Manhattan Beach
1,766
3,014
1,369
1,066
1,400
1,035
1,400
670
Menlo Park City School Dist.
Mtn. View-Whisman School Dist.
Marin Community College Dist.
Marin Community College Dist.
Marin Community College Dist.
Marin Community College Dist.
Marin Community College Dist.
Marin Community College Dist.
Marin Community College Dist.
Marin Community College Dist.
Mt. San Antonio Community Coll
Mt. San Antonio Community Coll
2,496
2,496
1,035
1,035
2,131
2,496
Portfolio CPA
AP
Run Date: 10/23/2023 - 01:14 FI (PRF_FI) 7.3.11
Report Ver. 7.3.11
Fund ALL - Portfolio Listings
Investments by Fund Page 17
September 30, 2023
Purchase Current
Rate
Maturity Days To
Date Maturity
YTM
360
YTM
365Par Value Market ValueCUSIPInvestment #Issuer Date Book Value
Municipal Bonds
605581LM7
605581LM7
605581HL4
605581HL4
6055805W5
6055805V7
605581LJ4
605581QR1
605581LL9
630337AL7
64985HWS2
6500357D4
650036AV8
649791PQ7
649791PS3
649791PR5
649791PS3
649791PS3
672240WY0
672240WY0
672240WY0
672240WX2
672319CF5
677765GY9
677765GY9
677765HA0
677765GZ6
6775207G7
677521CT1
683050BW7
68442CCY0
1968 MUN
1972 MUN
2087 MUN
2090 MUN
2096 MUN
2189 MUN
2329 MUN
2626 MUN
2629 MUN
2055 MUN
2007 MUN
2097 MUN
2683 MUN
2146 MUN
2224 MUN
2575 MUN
2677 MUN
2678 MUN
2293 MUN
2307 MUN
2313 MUN
2316 MUN
2630 MUN
2165 MUN
2175 MUN
2179 MUN
2341 MUN
1832 MUN
2308 MUN
2847 MUN
2578 MUN
State of Mississippi 11/07/2018
11/07/2018
08/30/2019
09/04/2019
09/09/2019
12/19/2019
03/20/2020
12/09/2021
12/06/2021
08/08/2019
01/04/2019
09/09/2019
03/28/2022
10/31/2019
01/30/2020
09/13/2021
03/16/2022
03/21/2022
03/09/2020
03/13/2020
03/16/2020
03/16/2020
12/06/2021
11/22/2019
12/06/2019
12/11/2019
05/08/2020
06/30/2017
03/13/2020
03/17/2023
09/16/2021
1,513,087.11
504,024.43
760,122.98
506,532.59
158,140.99
256,153.30
1,001,441.11
1,006,996.15
262,970.20
595,957.71
447,458.12
715,504.29
957,695.65
1,500,571.80
587,271.74
1,550,757.21
1,000,054.90
998,719.93
1,557,193.77
1,538,916.89
1,069,698.58
1,491,914.44
479,610.28
598,606.54
278,796.62
966,066.89
1,206,746.33
910,394.39
548,458.76
553,696.71
323,100.63
1,500,000.00
500,000.00
750,000.00
500,000.00
150,000.00
250,000.00
1,000,000.00
1,000,000.00
250,000.00
595,000.00
450,000.00
700,000.00
1,000,000.00
1,500,000.00
580,000.00
1,500,000.00
1,000,000.00
1,000,000.00
1,500,000.00
1,500,000.00
1,080,000.00
1,500,000.00
450,000.00
600,000.00
280,000.00
970,000.00
1,185,000.00
900,000.00
500,000.00
600,000.00
315,000.00
1,446,255.00
482,085.00
729,262.50
486,175.00
148,336.50
247,460.00
998,260.00
802,670.00
242,197.50
578,322.15
438,255.00
663,593.00
882,720.00
1,436,385.00
533,223.00
1,403,745.00
919,350.00
919,350.00
1,254,105.00
1,254,105.00
902,955.60
1,290,975.00
442,696.50
541,008.00
252,470.40
833,676.20
1,044,553.80
897,588.00
501,550.00
540,492.00
297,048.15
3.751
3.751
2.987
2.987
4.681
4.511
3.408
2.117
3.646
2.200
2.120
3.070
1.496
2.120
2.360
2.260
2.360
2.360
2.110
2.110
2.110
2.070
4.676
2.237
2.237
2.337
2.287
4.971
5.262
1.440
2.095
3.377
3.401
1.745
1.783
1.888
2.079
1.626
1.992
1.080
1.968
2.860
2.071
2.777
2.063
1.933
0.794
2.325
2.367
1.436
1.638
2.247
2.151
1.562
2.271
2.327
2.382
1.849
2.416
1.710
4.339
0.690
3.424 11/01/2026
3.449 11/01/2026
1.770 12/01/2024
1.807 12/01/2024
1.914 11/01/2025
2.108 11/01/2024
1.649 11/01/2023
2.020 10/01/2031
1.095 11/01/2025
1.996 08/01/2024
2.900 07/15/2024
2.100 03/15/2026
2.816 03/15/2027
2.091 02/15/2025
1.960 02/15/2027
0.805 02/15/2026
2.358 02/15/2027
2.400 02/15/2027
1.456 01/15/2030
1.661 01/15/2030
2.279 01/15/2030
2.181 01/15/2029
1.584 12/15/2025
2.303 08/01/2027
2.360 08/01/2027
2.415 08/01/2029
1.875 08/01/2028
2.450 04/01/2024
1.734 09/01/2026
4.400 08/01/2026
0.700 08/15/2025
1,127
1,127
427
State of Mississippi
State of Mississippi
State of Mississippi 427
State of Mississippi 762
State of Mississippi 397
State of Mississippi 31
State of Mississippi 2,922
762State of Mississippi
City of Napa Solid Waste
New York St Envrnmntl Facs
New York State Urban Dev Corp.
New York State Urban Dev Corp.
New York State Envrnmntl Corp
New York State Envrnmntl Corp
New York State Envrnmntl Corp
New York State Envrnmntl Corp
New York State Envrnmntl Corp
City of Oakland
305
288
896
1,261
503
1,233
868
1,233
1,233
2,298
2,298
2,298
1,933
806
City of Oakland
City of Oakland
City of Oakland
City of Oakland Pension
Ohlone Community College Distr
Ohlone Community College Distr
Ohlone Community College Distr
Ohlone Community College Distr
State of Ohio
1,400
1,400
2,131
1,766
183
State of Ohio 1,066
1,035
684
City of Ontario (Pub Fin Auth)
Orange Cnty Water District
Portfolio CPA
AP
Run Date: 10/23/2023 - 01:14 FI (PRF_FI) 7.3.11
Report Ver. 7.3.11
Fund ALL - Portfolio Listings
Investments by Fund Page 18
September 30, 2023
Purchase Current
Rate
Maturity Days To
Date Maturity
YTM
360
YTM
365Par Value Market ValueCUSIPInvestment #Issuer Date Book Value
Municipal Bonds
685585FD8
68607LXQ5
68607LXQ5
68609TDT2
68607LXQ5
68607LXQ5
68609BXT9
68609TVS4
68608KA24
68609TU30
68609TT81
68609TZT8
68609T3M8
68607LXQ5
692039QX1
69511AAS3
69511AAT1
702274CP4
70227RBM1
702274CS8
697379TV7
697379TV7
697379TV7
697511FU2
697511FD0
752111HE7
757710UE6
757710UE6
76222RYN6
76222RXB3
76222RXB3
1910 MUN
1974 MUN
2015 MUN
2223 MUN
2230 MUN
2266 MUN
2310 MUN
2378 MUN
2542 MUN
2549 MUN
2584 MUN
2624 MUN
2627 MUN
2679 MUN
2859 MUN
2138 MUN
2139 MUN
1985 MUN
2573 MUN
2615 MUN
2838 MUN
2839 MUN
2841 MUN
2582 MUN
2676 MUN
2889 MUN
2388 MUN
2763 MUN
2192 MUN
2219 MUN
2239 MUN
Orchard School District
State of Oregon
01/25/2018
11/06/2018
01/16/2019
01/30/2020
01/31/2020
02/24/2020
03/13/2020
07/02/2020
07/01/2021
07/08/2021
09/24/2021
11/19/2021
11/26/2021
04/01/2022
03/23/2023
10/23/2019
10/23/2019
12/06/2018
09/09/2021
12/01/2021
02/17/2023
02/21/2023
03/06/2023
10/13/2021
03/15/2022
05/03/2023
08/06/2020
12/14/2022
12/20/2019
01/27/2020
02/06/2020
164,323.95
531,202.44
477,228.10
574,994.41
548,707.50
1,112,414.37
370,976.20
359,812.64
1,052,121.86
1,243,934.56
265,491.79
247,766.49
899,208.81
1,086,530.97
448,183.99
1,015,920.44
580,210.73
665,190.72
123,236.53
585,202.57
1,555,076.40
1,555,887.42
1,521,938.73
1,000,000.00
324,935.46
627,165.64
759,566.29
586,005.46
259,856.55
1,570,539.33
577,968.60
165,000.00
500,000.00
445,000.00
570,000.00
495,000.00
1,000,000.00
350,000.00
355,000.00
870,000.00
1,225,000.00
265,000.00
250,000.00
900,000.00
1,000,000.00
500,000.00
1,015,000.00
580,000.00
665,000.00
120,000.00
550,000.00
1,500,000.00
1,500,000.00
1,480,000.00
1,000,000.00
335,000.00
600,000.00
750,000.00
715,000.00
260,000.00
1,500,000.00
550,000.00
157,675.65
506,665.00
450,931.85
562,618.50
501,598.35
1,013,330.00
327,453.00
285,583.30
875,498.40
1,040,551.75
244,277.00
222,852.50
714,438.00
1,013,330.00
437,585.00
965,386.80
539,881.40
662,606.00
109,968.00
522,846.50
1,523,955.00
1,523,955.00
1,503,635.60
892,150.00
300,330.85
596,394.00
595,177.50
567,402.55
248,656.20
1,385,040.00
507,848.00
3.125
5.892
5.892
3.227
5.892
5.892
3.080
1.672
5.332
1.484
0.803
0.984
2.037
5.892
1.512
2.563
2.663
3.438
1.984
3.500
5.862
5.862
5.862
1.031
1.199
5.125
1.660
1.660
2.000
3.250
3.250
3.208
3.516
3.537
1.641
2.583
2.482
1.302
1.433
1.943
1.134
0.690
1.292
2.020
3.259
4.458
2.469
2.611
3.205
0.903
1.380
4.698
4.683
4.941
1.016
2.288
4.284
1.439
4.783
2.231
2.077
1.990
3.253 08/01/2027
3.565 06/01/2027
3.587 06/01/2027
1.664 05/01/2024
2.619 06/01/2027
2.517 06/01/2027
1.320 05/01/2027
1.452 06/01/2030
1.970 08/01/2030
1.150 08/01/2028
0.700 08/01/2025
1.310 08/01/2026
2.048 11/01/2031
3.304 06/01/2027
4.520 08/01/2027
2.503 06/01/2025
2.647 06/01/2026
3.250 12/01/2023
0.915 05/01/2026
1.400 12/01/2026
4.764 07/01/2027
4.748 07/01/2027
5.010 07/01/2027
1.031 08/01/2026
2.320 08/01/2026
4.344 08/01/2030
1.459 08/01/2030
4.850 08/01/2030
2.262 01/15/2025
2.106 04/01/2028
2.018 04/01/2028
1,400
1,339
1,339
213
State of Oregon
State of Oregon
State of Oregon 1,339
1,339
1,308
2,435
2,496
1,766
670
State of Oregon
State of Oregon
State of Oregon
State of Oregon
State of Oregon
State of Oregon
State of Oregon 1,035
2,953
1,339
1,400
609
State of Oregon
State of Oregon
Oxnard Union High School Distr
City of Pacifica
City of Pacifica 974
Pasadena CA Public Finance Aut
Pasadena CA Public Finance Aut
Pasadena CA Public Finance Aut
Palo Alto Unified School Dist.
Palo Alto Unified School Dist.
Palo Alto Unified School Dist.
Polomar Community Clge Distri
Polomar Community Clge Distri
Rancho Water Dist. Fin. Auth.
Redondo Beach Unified School D
Redondo Beach Unified School D
State of Rhode Island
State of Rhode Island
State of Rhode Island
61
943
1,157
1,369
1,369
1,369
1,035
1,035
2,496
2,496
2,496
472
1,644
1,644
Portfolio CPA
AP
Run Date: 10/23/2023 - 01:14 FI (PRF_FI) 7.3.11
Report Ver. 7.3.11
Fund ALL - Portfolio Listings
Investments by Fund Page 19
September 30, 2023
Purchase Current
Rate
Maturity Days To
Date Maturity
YTM
360
YTM
365Par Value Market ValueCUSIPInvestment #Issuer Date Book Value
Municipal Bonds
76886PJP9
76886PJS3
752147HH4
752147HK7
757889EH9
757889EG1
801139AE6
801139AF3
801315KU5
796720NC0
796720NV8
801546PJ5
801686TF3
80168ACV7
80168FPC4
80181PCT2
80181PCU9
80181PCV7
80181PCW5
801747AF3
797356DL3
797356DL3
797356DH2
797356DF6
797356DH2
797272QS3
797272RN3
797272RT0
797400MR6
797412DN0
797412DM2
2596 MUN
2733 MUN
2522 MUN
2805 MUN
2130 MUN
2253 MUN
2603 MUN
2747 MUN
2385 MUN
2166 MUN
2365 MUN
1899 MUN
2557 MUN
2181 MUN
2793 MUN
1906 MUN
1907 MUN
1908 MUN
1909 MUN
2671 MUN
2602 MUN
2606 MUN
2617 MUN
2693 MUN
2767 MUN
2550 MUN
2639 MUN
2651 MUN
2632 MUN
2580 MUN
2600 MUN
Riverside Cmnty College Distt.
Riverside Cmnty College Distt.
Rancho Santiago Comm College D
Rancho Santiago Comm College D
Redwood City School District
Redwood City School District
City of Santa Ana
10/04/2021
11/17/2022
03/29/2021
01/19/2023
10/16/2019
02/13/2020
10/18/2021
12/02/2022
07/21/2020
12/12/2019
07/07/2020
01/12/2018
08/02/2021
12/12/2019
01/12/2023
01/25/2018
01/25/2018
01/25/2018
01/25/2018
03/03/2022
10/21/2021
10/23/2021
11/17/2021
09/23/2022
12/16/2022
07/09/2021
12/28/2021
01/10/2022
12/08/2021
09/17/2021
10/08/2021
1,368,911.59
469,432.41
450,000.00
579,437.50
1,000,000.00
1,106,912.64
174,692.31
1,090,917.81
493,954.53
1,500,000.00
2,000,000.00
1,460,000.00
1,263,735.13
1,553,946.13
839,951.86
463,569.61
462,928.06
468,353.41
277,798.43
1,014,848.46
1,009,457.22
895,680.62
268,344.15
240,909.18
886,908.57
268,103.52
1,992,779.80
498,692.85
198,671.37
876,564.90
209,650.14
1,365,000.00
560,000.00
450,000.00
635,000.00
1,000,000.00
1,095,000.00
175,000.00
1,250,000.00
490,000.00
1,500,000.00
2,000,000.00
1,460,000.00
1,250,000.00
1,555,000.00
1,000,000.00
465,000.00
465,000.00
470,000.00
280,000.00
1,000,000.00
1,000,000.00
900,000.00
270,000.00
260,000.00
1,000,000.00
255,000.00
1,980,000.00
500,000.00
200,000.00
875,000.00
210,000.00
1,213,471.35
460,919.20
431,253.00
566,312.05
903,290.00
1,008,177.45
155,008.00
1,078,537.50
404,455.80
1,344,435.00
1,674,740.00
1,426,712.00
1,118,012.50
1,391,787.20
797,110.00
455,518.65
444,688.80
443,022.00
259,579.60
901,590.00
793,480.00
714,132.00
226,589.40
233,872.60
839,220.00
232,246.35
1,791,147.60
401,190.00
181,092.00
787,648.75
195,533.10
1.124
1.785
0.634
0.956
2.284
2.159
1.176
1.465
1.653
2.590
1.848
2.680
1.146
2.434
1.634
2.500
2.750
3.000
3.000
2.470
1.984
1.984
1.599
1.201
1.599
2.407
1.445
2.113
1.036
0.971
0.743
1.006
5.022
0.625
4.164
2.252
1.727
1.223
5.178
1.483
2.554
1.822
2.643
0.742
2.416
4.418
2.968
3.008
3.107
3.205
2.030
1.824
2.024
1.712
4.053
4.241
1.007
1.193
2.120
1.292
0.887
0.838
1.020 08/01/2026
5.092 08/01/2029
0.633 09/01/2024
4.222 09/01/2026
2.284 08/01/2027
1.751 08/01/2026
1.240 08/01/2026
5.250 08/01/2027
1.504 08/01/2029
2.590 08/01/2028
1.848 08/01/2029
2.680 08/01/2024
0.752 08/01/2026
2.450 06/01/2028
4.480 06/01/2030
3.010 06/01/2024
3.050 06/01/2025
3.150 06/01/2026
3.250 06/01/2027
2.058 08/01/2027
1.850 07/01/2031
2.053 07/01/2031
1.736 07/01/2028
4.110 07/01/2026
4.300 07/01/2028
1.021 08/01/2027
1.210 08/01/2026
2.150 08/01/2031
1.310 04/01/2026
0.900 05/01/2026
0.850 05/01/2025
1,035
2,131
336
1,066
1,400
1,035
1,035
1,400
2,131
1,766
2,131
305
City of Santa Ana
Santa Barbara Unified School D
San Bernardino Cmty College Di
San Bernardino Cmty College Di
County of Santa Clara
Santa Clarita Community Colleg
Santa Clara Valley Water Dist.
Santa Clara Valley Water Dist.
Santa Cruz County Capital Fin.
Santa Cruz County Capital Fin.
Santa Cruz County Capital Fin.
Santa Cruz County Capital Fin.
Santa Cruz MET Transit Dist.
San Diego Unified Sch District
San Diego Unified Sch District
San Diego Unified Sch District
San Diego Unified Sch District
San Diego Unified Sch District
San Diego Community College Di
San Diego Community College Di
San Diego Community College Di
San Diego Regl Trans Commissio
San Diego Cnty Wtr Authority
San Diego Cnty Wtr Authority
1,035
1,705
2,435
244
609
974
1,339
1,400
2,830
2,830
1,735
1,004
1,735
1,400
1,035
2,861
913
943
578
Portfolio CPA
AP
Run Date: 10/23/2023 - 01:14 FI (PRF_FI) 7.3.11
Report Ver. 7.3.11
Fund ALL - Portfolio Listings
Investments by Fund Page 20
September 30, 2023
Purchase Current
Rate
Maturity Days To
Date Maturity
YTM
360
YTM
365Par Value Market ValueCUSIPInvestment #Issuer Date Book Value
Municipal Bonds
797412DN0
797412DN0
797412DQ3
797412DR1
797508JW9
797508JX7
797508HF8
817409N35
817409N76
797646NC6
797646T48
797646T55
797646T48
797646ND4
7976466C5
7976466F8
79773KKQ6
79773KKT0
79772EBC2
79772ECL1
79772ECJ6
79772ECF4
79772EDY2
79772EDA4
797669ZJ0
797669ZR2
797669ZR2
826239GD1
826239GD1
82707BDP1
798306WQ5
2604 MUN
2623 MUN
2688 MUN
2716 MUN
2536 MUN
2537 MUN
2674 MUN
2320 MUN
2531 MUN
1509 MUN
1711 MUN
1712 MUN
1839 MUN
2014 MUN
2148 MUN
2762 MUN
2864 MUN
2883 MUN
1937 MUN
2132 MUN
2309 MUN
2571 MUN
2608 MUN
2628 MUN
2572 MUN
2636 MUN
2766 MUN
2501 MUN
2535 MUN
2828 MUN
2707 MUN
San Diego Cnty Wtr Authority
San Diego Cnty Wtr Authority
San Diego Cnty Wtr Authority
San Diego Cnty Wtr Authority
San Dieguito Union High Sch Di
San Dieguito Union High Sch Di
San Dieguito Union High Sch Di
Sequoia Union High School Dist
Sequoia Union High School Dist
City & County of San Francisco
City & County of San Francisco
City & County of San Francisco
City & County of San Francisco
City & County of San Francisco
City & County of San Francisco
City & County of San Francisco
City & County of San Francisco
City & County of San Francisco
San Francisco Cmnty Facs Dist
San Francisco Cmnty Facs Dist
San Francisco Cmnty Facs Dist
San Francisco Cmnty Facs Dist
San Francisco Cmnty Facs Dist
San Francisco Cmnty Facs Dist
SF Bay Area Rapid Transit Dist
SF Bay Area Rapid Transit Dist
SF Bay Area Rapid Transit Dist
Sierra Joint Com. College Dist
Sierra Joint Com. College Dist
Silicon Valley Clean Water
10/20/2021
11/19/2021
09/12/2022
10/24/2022
06/09/2021
06/09/2021
03/11/2022
03/18/2020
04/30/2021
11/27/2015
11/01/2016
11/01/2016
07/14/2017
01/16/2019
10/31/2019
12/14/2022
04/11/2023
04/21/2023
03/02/2018
10/11/2019
03/13/2020
08/30/2021
11/03/2021
11/29/2021
09/08/2021
12/16/2021
12/15/2022
03/09/2021
05/27/2021
02/10/2023
10/17/2022
248,875.28
743,821.77
1,136,571.38
185,736.92
430,000.00
435,000.00
432,197.39
402,251.18
255,630.74
1,034,296.85
2,106,290.80
244,880.82
228,490.71
1,495,963.17
1,104,639.12
477,085.63
1,028,984.87
534,848.52
674,391.47
372,261.18
138,931.21
306,415.21
585,272.08
1,323,745.88
505,758.80
510,384.65
350,848.09
585,000.00
499,001.36
219,815.64
496,672.56
250,000.00
750,000.00
1,275,000.00
225,000.00
430,000.00
435,000.00
435,000.00
400,000.00
250,000.00
1,000,000.00
2,105,000.00
245,000.00
230,000.00
1,420,000.00
1,120,000.00
575,000.00
1,000,000.00
500,000.00
680,000.00
350,000.00
130,000.00
300,000.00
575,000.00
1,295,000.00
500,000.00
480,000.00
405,000.00
585,000.00
500,000.00
245,000.00
545,000.00
225,042.50
675,127.50
1,086,427.50
185,960.25
383,792.20
379,298.25
397,133.25
376,344.00
213,062.50
999,480.00
1,999,623.70
228,193.00
218,486.20
1,431,076.00
955,640.00
457,458.50
1,011,950.00
523,120.00
629,326.40
318,202.50
121,300.40
292,716.00
464,795.50
1,182,878.90
486,475.00
399,115.20
336,753.45
476,810.10
407,530.00
213,929.10
487,567.90
0.971
0.971
1.331
1.431
1.074
1.372
1.860
1.735
2.103
5.450
2.290
2.390
2.290
5.600
2.100
2.350
6.000
6.000
3.250
3.648
3.468
3.108
2.591
2.236
1.971
2.768
2.768
1.445
1.445
1.380
1.201
1.134
1.282
3.945
5.079
1.059
1.353
2.070
1.381
1.658
3.067
2.219
2.376
2.682
3.304
2.337
4.744
4.146
4.273
3.451
2.398
1.577
0.741
2.305
1.425
0.419
1.846
4.832
1.425
1.461
4.301
4.586
1.150 05/01/2026
1.300 05/01/2026
4.000 05/01/2028
5.150 05/01/2029
1.074 08/01/2026
1.372 08/01/2027
2.099 08/01/2026
1.400 07/01/2025
1.681 07/01/2029
3.110 06/15/2025
2.249 06/15/2025
2.410 06/15/2026
2.720 06/15/2025
3.350 06/15/2026
2.369 06/15/2029
4.810 06/15/2032
4.203 06/15/2025
4.332 06/15/2028
3.499 09/01/2027
2.431 09/01/2029
1.599 09/01/2027
0.752 09/01/2024
2.337 09/01/2031
1.445 09/01/2026
0.425 07/01/2024
1.872 07/01/2031
4.899 07/01/2031
1.445 08/01/2029
1.481 08/01/2029
4.361 08/01/2027
4.650 08/01/2026
943
943
1,674
2,039
1,035
1,400
1,035
639
2,100
623
623
988
623
988
2,084
3,180
623
1,719
1,431
2,162
1,431
336
2,892
1,066
274
2,830
2,830
2,131
2,131
1,400
1,035San Juan Unified School Dist
Portfolio CPA
AP
Run Date: 10/23/2023 - 01:14 FI (PRF_FI) 7.3.11
Report Ver. 7.3.11
Fund ALL - Portfolio Listings
Investments by Fund Page 21
September 30, 2023
Purchase Current
Rate
Maturity Days To
Date Maturity
YTM
360
YTM
365Par Value Market ValueCUSIPInvestment #Issuer Date Book Value
Municipal Bonds
798135E96
798153NF5
798189PK6
798189QA7
798186N81
798186P30
798186P22
802309NY6
802385RC0
802385RV8
802385RT3
802385RS5
802498VW2
802498ZA6
802498ZF5
799038NP5
799038NP5
799017UW6
799017UW6
799017WD6
799017VM7
799017XW3
799055QV3
799055ME5
799017WE4
83412PFQ0
83412PHQ8
83412PGZ9
83412PHE5
83412PHU9
83412PHW5
2656 MUN
2622 MUN
1966 MUN
2105 MUN
2518 MUN
2700 MUN
2774 MUN
2706 MUN
2091 MUN
2481 MUN
2482 MUN
2810 MUN
2561 MUN
2637 MUN
2792 MUN
2521 MUN
2523 MUN
1902 MUN
1940 MUN
2153 MUN
2178 MUN
2567 MUN
2585 MUN
2591 MUN
2782 MUN
2176 MUN
2579 MUN
2583 MUN
2594 MUN
2597 MUN
2598 MUN
City of San Jose 01/28/2022
11/18/2021
10/29/2018
10/01/2019
03/15/2021
10/07/2022
12/21/2022
10/17/2022
09/05/2019
01/22/2021
01/22/2021
01/23/2023
08/12/2021
12/20/2021
01/09/2023
04/14/2021
04/14/2021
01/16/2018
03/09/2018
11/07/2019
12/11/2019
09/21/2021
09/27/2021
09/29/2021
12/22/2022
12/09/2019
10/06/2021
10/06/2021
10/06/2021
10/06/2021
10/06/2021
357,721.28
343,501.18
315,000.00
500,000.00
996,540.86
851,525.66
751,072.29
418,242.87
335,433.22
576,360.92
610,997.01
768,034.10
651,726.73
212,866.41
660,121.96
2,000,905.67
1,500,679.25
997,835.74
994,863.45
1,345,432.08
1,578,700.28
500,000.00
179,301.81
1,300,874.23
373,522.13
1,160,950.20
750,000.00
200,690.19
386,826.60
745,333.75
822,399.06
350,000.00
345,000.00
315,000.00
500,000.00
1,000,000.00
990,000.00
850,000.00
455,000.00
315,000.00
570,000.00
600,000.00
850,000.00
650,000.00
215,000.00
825,000.00
2,000,000.00
1,500,000.00
1,000,000.00
1,000,000.00
1,360,000.00
1,565,000.00
500,000.00
175,000.00
1,185,000.00
425,000.00
1,150,000.00
750,000.00
200,000.00
390,000.00
750,000.00
825,000.00
324,817.50
309,344.25
300,292.65
442,665.00
917,590.00
830,025.90
732,037.00
410,678.45
294,874.65
458,063.40
511,356.00
740,384.00
581,197.50
190,900.65
634,053.75
1,911,780.00
1,433,835.00
954,460.00
954,460.00
1,201,587.20
1,403,304.20
444,875.00
159,832.75
1,202,940.90
367,357.25
1,028,698.00
666,090.00
177,624.00
301,750.80
596,482.50
638,319.00
2.500
1.311
3.728
2.350
0.558
1.224
1.014
1.508
3.472
1.696
1.496
1.244
0.989
0.849
1.624
0.500
0.500
2.699
2.699
2.237
2.542
0.925
1.799
6.000
2.337
2.717
1.025
1.025
1.861
1.761
1.861
1.686
1.459
3.676
2.317
0.739
4.487
4.341
4.586
1.972
1.499
1.085
3.965
0.877
1.193
4.694
0.444
0.444
2.786
2.959
2.447
2.311
0.912
0.897
2.297
4.685
2.462
1.011
0.887
1.948
1.834
1.879
1.710 09/01/2026
1.480 06/01/2026
3.727 09/01/2027
2.350 08/01/2028
0.750 08/01/2025
4.550 08/01/2028
4.401 08/01/2027
4.650 08/01/2026
2.000 08/01/2028
1.520 08/01/2030
1.100 08/01/2028
4.020 08/01/2027
0.890 07/01/2026
1.210 08/01/2026
4.760 08/01/2031
0.450 09/01/2024
0.450 09/01/2024
2.825 09/01/2025
3.000 09/01/2025
2.480 09/01/2028
2.343 09/01/2028
0.925 09/01/2026
0.910 08/01/2026
2.329 08/01/2026
4.750 09/01/2029
2.496 08/01/2028
1.025 08/01/2026
0.900 08/01/2026
1.975 08/01/2031
1.860 08/01/2030
1.905 08/01/2031
1,066
974San Jose Financing Authority
San Jose Evergreen Cmnty Colll
San Jose Evergreen Cmnty Colll
San Jose Unified School Dist.
San Jose Unified School Dist.
San Jose Unified School Dist.
Santa Maria JT Union High Sch
Santa Monica Cmnty College Dis
Santa Monica Cmnty College Dis
Santa Monica Cmnty College Dis
Santa Monica Cmnty College Dis
Santa Monica-Malibu USD
1,431
1,766
670
1,766
1,400
1,035
1,766
2,496
1,766
1,400
1,004
1,035
2,861
336
Santa Monica-Malibu USD
Santa Monica-Malibu USD
San Mateo Cnty Comm. College D
San Mateo Cnty Comm. College D
San Mateo Foster City SCH Dist
San Mateo Foster City SCH Dist
San Mateo Foster City SCH Dist
San Mateo Foster City SCH Dist
San Mateo Foster City SCH Dist
San Mateo Foster City SCH Dist
San Mateo Foster City SCH Dist
San Mateo Foster City SCH Dist
Solano Cnty Community Clg Dist
Solano Cnty Community Clg Dist
Solano Cnty Community Clg Dist
Solano Cnty Community Clg Dist
Solano Cnty Community Clg Dist
Solano Cnty Community Clg Dist
336
701
701
1,797
1,797
1,066
1,035
1,035
2,162
1,766
1,035
1,035
2,861
2,496
2,861
Portfolio CPA
AP
Run Date: 10/23/2023 - 01:14 FI (PRF_FI) 7.3.11
Report Ver. 7.3.11
Fund ALL - Portfolio Listings
Investments by Fund Page 22
September 30, 2023
Purchase Current
Rate
Maturity Days To
Date Maturity
YTM
360
YTM
365Par Value Market ValueCUSIPInvestment #Issuer Date Book Value
Municipal Bonds
83412PHB1
835569GT5
839278JM1
839278KC1
839278KB3
839278KA5
839278JZ2
799289MR1
7994082K4
799408Z93
867578UT1
867578US3
892404CN2
87970GPS0
87970GPQ4
880541XY8
880541XX0
880541XX0
880541QU4
891371BB1
901072LD8
901072MB1
901072LX4
8827237P8
8827237T0
8827237T0
8827237N3
8827235K1
882724RF6
882723A90
91412GQG3
2649 MUN
2577 MUN
1914 MUN
2161 MUN
2162 MUN
2163 MUN
2164 MUN
2150 MUN
2605 MUN
2813 MUN
2100 MUN
2101 MUN
2493 MUN
2539 MUN
2569 MUN
1673 MUN
1674 MUN
1676 MUN
2001 MUN
2795 MUN
2715 MUN
2758 MUN
2814 MUN
2195 MUN
2225 MUN
2255 MUN
2311 MUN
2541 MUN
2548 MUN
2631 MUN
2077 MUN
Solano Cnty Community Clg Dist
Sonoma Cnty Jr. College Distr.
South Pasadena Unified School
South Pasadena Unified School
South Pasadena Unified School
South Pasadena Unified School
South Pasadena Unified School
San Rafael City High Sch Distr
San Ramon Vly Unif Sch Dist.
San Ramon Vly Unif Sch Dist.
Sunnyvale Elementary Sch Distr
Sunnyvale Elementary Sch Distr
Tracy Unified School District
Temecula Valley Unified School
Temecula Valley Unified School
State of Tennessee
01/07/2022
09/15/2021
02/15/2018
12/12/2019
12/12/2019
12/12/2019
12/12/2019
11/13/2019
11/03/2021
01/26/2023
09/19/2019
09/19/2019
02/08/2021
06/16/2021
08/27/2021
08/25/2016
08/25/2016
08/25/2016
12/20/2018
01/12/2023
10/24/2022
12/09/2022
01/26/2023
12/23/2019
01/30/2020
02/14/2020
03/16/2020
06/30/2021
07/02/2021
12/07/2021
08/26/2019
344,896.66
161,832.69
179,404.66
414,832.61
276,010.45
157,388.88
416,285.77
1,755,000.00
1,507,900.44
860,061.04
135,000.00
135,000.00
505,103.83
250,000.00
356,481.87
1,004,252.85
1,654,038.48
701,713.29
206,295.73
371,039.66
568,444.57
164,092.74
447,882.71
1,529,531.09
1,005,619.07
1,353,269.05
253,999.63
255,961.92
1,060,233.22
517,460.26
1,525,020.67
350,000.00
155,000.00
180,000.00
370,000.00
250,000.00
145,000.00
390,000.00
1,755,000.00
1,500,000.00
935,000.00
135,000.00
135,000.00
500,000.00
250,000.00
355,000.00
1,000,000.00
1,650,000.00
700,000.00
205,000.00
445,000.00
650,000.00
205,000.00
500,000.00
1,500,000.00
940,000.00
1,265,000.00
250,000.00
245,000.00
1,000,000.00
500,000.00
1,500,000.00
294,805.00
143,677.25
167,022.00
367,040.00
249,075.00
144,511.35
387,847.20
1,705,000.05
1,219,485.00
834,683.85
118,192.50
120,807.45
415,080.00
212,075.00
316,638.70
923,060.00
1,557,666.00
660,828.00
201,900.40
353,806.15
561,697.50
158,682.30
432,075.00
1,437,900.00
866,736.40
1,166,405.90
243,732.50
234,398.85
842,840.00
477,515.00
1,443,930.00
1.479
2.447
3.000
5.000
5.000
5.000
5.000
1.965
1.914
1.034
2.190
2.090
1.644
1.503
1.051
2.116
2.066
2.066
3.728
2.637
1.145
1.754
1.145
3.051
3.521
3.521
2.899
2.922
2.426
2.831
3.050
1.775
0.843
3.057
2.598
2.549
2.500
2.378
1.938
1.805
4.044
2.157
2.061
1.437
1.482
0.887
1.923
1.893
1.893
2.860
5.001
4.783
4.843
4.098
1.975
2.191
2.192
1.231
0.641
1.480
1.030
1.930
1.800 08/01/2028
0.855 08/01/2026
3.100 08/01/2027
2.634 08/01/2029
2.584 08/01/2028
2.534 08/01/2027
2.411 08/01/2026
1.965 08/01/2024
1.830 08/01/2030
4.100 08/01/2026
2.187 09/01/2028
2.090 09/01/2027
1.457 08/01/2029
1.503 08/01/2028
0.900 08/01/2026
1.950 08/01/2026
1.920 08/01/2025
1.920 08/01/2025
2.900 08/01/2024
5.070 06/01/2032
4.850 08/01/2027
4.910 08/01/2031
4.155 08/01/2027
2.003 10/01/2025
2.221 10/01/2029
2.222 10/01/2029
1.248 10/01/2024
0.650 10/01/2025
1.501 10/01/2030
1.045 10/01/2025
1.957 05/15/2025
1,766
1,035
1,400
2,131
1,766
1,400
1,035
305
2,496
1,035
1,797
1,431
2,131
1,766
1,035
1,035
670State of Tennessee
State of Tennessee 670
State of Tennessee 305
City of Torrance JT PWRS Fin A
Tustin Unif Sch Dist Facs Impt
Tustin Unif Sch Dist Facs Impt
Tustin Unif Sch Dist Facs Impt
State of Texas
3,166
1,400
2,861
1,400
731
State of Texas 2,192
2,192
366
State of Texas
State of Texas
State of Texas 731
State of Texas 2,557
731State of Texas
University of California 592
Portfolio CPA
AP
Run Date: 10/23/2023 - 01:14 FI (PRF_FI) 7.3.11
Report Ver. 7.3.11
Fund ALL - Portfolio Listings
Investments by Fund Page 23
September 30, 2023
Purchase Current
Rate
Maturity Days To
Date Maturity
YTM
360
YTM
365Par Value Market ValueCUSIPInvestment #Issuer Date Book Value
Municipal Bonds
91412GQG3
91412HGF4
91412HJN4
917542QR6
917542QV7
93974CRC6
93974CRC6
97705MNU5
97705MNP6
97705MNP6
977100AC0
987388GX7
987388GX7
2095 MUN
2685 MUN
2866 MUN
1731 MUN
2306 MUN
1802 MUN
2196 MUN
2547 MUN
2574 MUN
2576 MUN
2822 MUN
2657 MUN
2687 MUN
University of California
University of California
University of California
State of Utah
09/09/2019
04/05/2022
04/05/2023
01/04/2017
03/13/2020
05/23/2017
12/24/2019
07/02/2021
09/09/2021
09/13/2021
01/30/2023
02/17/2022
09/02/2022
1,018,838.71
414,305.53
206,594.08
166,775.23
716,745.36
493,175.10
510,548.88
2,122,622.44
1,550,894.14
1,033,141.01
876,967.14
1,000,000.00
468,561.90
1,000,000.00
440,000.00
230,000.00
165,000.00
698,684.05
485,000.00
500,000.00
2,000,000.00
1,500,000.00
1,000,000.00
865,000.00
1,000,000.00
500,000.00
962,620.00
387,411.20
200,440.40
163,950.60
684,647.49
481,643.80
496,540.00
1,648,700.00
1,388,865.00
925,910.00
871,565.35
899,580.00
449,790.00
3.050
1.316
1.272
4.554
3.539
4.669
4.669
2.451
2.089
2.089
5.700
2.082
2.082
1.797
3.028
4.311
2.904
1.948
2.416
1.978
1.553
0.739
0.769
5.039
2.053
3.846
1.821 05/15/2025
3.070 05/15/2027
4.371 05/15/2027
2.944 07/01/2024
1.975 07/01/2025
2.450 08/01/2024
2.005 08/01/2024
1.575 05/01/2031
0.750 05/01/2026
0.780 05/01/2026
5.109 05/01/2026
2.082 08/01/2027
3.900 08/01/2027
592
1,322
1,322
274
State of Utah 639
State of Washington
State of Washington
State of Wisconsin
305
305
2,769
943State of Wisconsin
State of Wisconsin 943
State of Wisconsin 2
Yosemite Community College Dis
Yosemite Community College Dis
943
1,400
1,400
Subtotal and Average 221,028,044.64 221,293,684.05 201,874,277.29 2.408 2.441 1,367
Supranationals (World Bank) Bonds
4581X0DV7
45818WDH6
4581X0EB0
4581X0EB0
459058JL8
459058JS3
45905U5Y6
459058JL8
459058JL8
459058JS3
459058JS3
459058JS3
45906M2L4
45906M2Z3
45906M3K5
45906M2L4
2528 IADB
2586 IADB
2652 IADB
2655 IADB
2470 IBRD
2492 IBRD
2497 IBRD
2498 IBRD
2510 IBRD
2534 IBRD
2553 IBRD
2559 IBRD
2650 IBRD
2673 IBRD
2735 IBRD
2736 IBRD
Inter-American Dev. Bank 04/20/2021
09/27/2021
01/13/2022
01/14/2022
01/08/2021
02/10/2021
02/18/2021
02/18/2021
03/01/2021
05/26/2021
07/15/2021
08/12/2021
01/07/2022
03/17/2022
11/22/2022
11/23/2022
1,997,600.39
1,993,265.91
999,198.87
2,000,000.00
2,000,000.00
1,000,000.00
1,000,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,000,000.00
1,000,000.00
2,000,000.00
1,000,000.00
1,804,660.00
1,789,500.00
898,510.00
0.875
0.800
1.500
1.500
0.500
0.650
0.600
0.500
0.500
0.650
0.650
0.650
0.650
2.050
4.500
0.650
0.910
0.914
1.504
1.518
0.480
0.641
0.591
0.591
0.787
0.833
0.839
0.871
1.368
2.107
4.684
4.480
0.923 04/20/2026
0.927 06/17/2026
1.525 01/13/2027
1.540 01/13/2027
0.487 10/28/2025
0.650 02/10/2026
0.600 02/18/2026
0.600 10/28/2025
0.798 10/28/2025
0.845 02/10/2026
0.851 02/10/2026
0.883 02/10/2026
1.387 02/24/2026
2.136 03/17/2025
4.749 09/30/2027
4.542 02/24/2026
932
990Inter-American Dev. Bank
Inter-American Dev. Bank 1,200
1,200
758
Inter-American Dev. Bank 998,738.50 898,510.00
Intl Bk Recon & Development
Intl Bk Recon & Development
Intl Bk Recon & Development
Intl Bk Recon & Development
Intl Bk Recon & Development
Intl Bk Recon & Development
Intl Bk Recon & Development
Intl Bk Recon & Development
Intl Bk Recon & Development
Intl Bk Recon & Development
Intl Bk Recon & Development
Intl Bk Recon & Development
1,500,387.32
1,500,000.00
1,500,000.00
1,496,934.87
1,490,906.38
1,493,249.85
1,493,032.52
1,491,930.04
982,879.29
1,365,090.00
1,350,195.00
1,347,525.00
1,365,090.00
1,365,090.00
1,350,195.00
1,350,195.00
1,350,195.00
896,150.00
863
871
758
758
863
863
863
877
998,782.41 950,970.00 533
1,982,300.63
914,142.19
1,934,740.00
896,150.00
1,460
877
Portfolio CPA
AP
Run Date: 10/23/2023 - 01:14 FI (PRF_FI) 7.3.11
Report Ver. 7.3.11
Fund ALL - Portfolio Listings
Investments by Fund Page 24
September 30, 2023
Purchase Current
Rate
Maturity Days To
Date Maturity
YTM
360
YTM
365Par Value Market ValueCUSIPInvestment #Issuer Date Book Value
Supranationals (World Bank) Bonds
45906M3K5
459058JN4
459058JT1
459058JT1
45950VPE0
45950VPH3
45950VPJ9
45950VPJ9
45950VPS9
45950VPT7
45950VPU4
45950VPU4
45950VPY6
45950KCX6
2744 IBRD
2775 IBRD
2779 IBRD
2826 IBRD
2441 IFC
2454 IFC
2483 IFC
2502 IFC
2503 IFC
2514 IFC
2515 IFC
2517 IFC
2532 IFC
2654 IFC
Intl Bk Recon & Development
Intl Bk Recon & Development
Intl Bk Recon & Development
Intl Bk Recon & Development
International Finance Corp.
International Finance Corp.
International Finance Corp.
International Finance Corp.
International Finance Corp.
International Finance Corp.
International Finance Corp.
International Finance Corp.
International Finance Corp.
International Finance Corp.
12/01/2022
12/21/2022
12/22/2022
02/10/2023
10/30/2020
11/30/2020
01/25/2021
02/11/2021
02/26/2021
03/15/2021
03/23/2021
03/23/2021
05/28/2021
01/12/2022
1,486,842.96
883,552.74
1,500,000.00
1,000,000.00
1,500,000.00
1,500,000.00
1,000,000.00
1,500,000.00
1,500,000.00
1,500,000.00
1,500,000.00
2,000,000.00
1,500,000.00
2,000,000.00
1,500,000.00
1,000,000.00
1,451,055.00
851,520.00
4.500
0.750
0.850
0.850
0.350
0.350
0.580
0.580
0.500
0.625
0.750
0.750
0.750
0.750
4.681
3.807
4.241
4.310
0.306
0.296
0.501
0.522
0.616
0.554
0.746
0.887
0.642
1.518
4.746 09/30/2027
3.860 11/24/2027
4.300 02/10/2027
4.370 02/10/2027
0.310 10/15/2025
0.300 11/15/2025
0.508 01/15/2026
0.530 01/15/2026
0.625 02/26/2026
0.562 03/15/2026
0.757 03/23/2026
0.900 03/23/2026
0.651 05/15/2026
1.540 10/08/2026
1,460
1,515
1,228
1,228
745
1,342,307.16
1,338,913.34
1,000,000.00
1,500,000.00
1,502,416.76
1,501,686.09
1,495,571.27
2,000,000.00
1,499,732.40
1,992,735.16
1,500,000.00
977,077.21
1,306,650.00
1,306,650.00
881,310.00
1,371,585.00
1,348,800.00
1,348,800.00
1,341,390.00
1,766,900.00
1,346,775.00
1,795,700.00
1,364,310.00
884,860.00
776
837
837
879
896
904
904
957
1,103
Subtotal and Average 42,854,184.26
574,818,033.58
43,500,000.00
575,585,005.83
39,279,070.00
520,412,019.57
1.479
2.169
1.499
2.199
961
Total Investments and Average 1,283
Portfolio CPA
AP
Run Date: 10/23/2023 - 01:14 FI (PRF_FI) 7.3.11
Report Ver. 7.3.11
1 General Investment Guidelines:Full Compliance
a) The max. stated final maturity of individual securities in the portfolio should be 10 years.
b) A max. of 30 percent of the par value of the portfolio shall be invested in securities with maturities 26.6%
beyond 5 years.
c) The City shall maintain a minimum of one month's cash needs in short term investments.
d) At least $50 million shall be maintained in securities maturing in less than 2 years.
Plus two managed pool accounts which provide instant liquidity:
- Local Agency Investment Fund (LAIF) - maximum investment limit is $75 million $14.1 million
- Fidelity Investments $9.8 million
e) Should market value of the portfolio fall below 95 percent of the book value, report this fact within a 90.5%
reasonable time to the City Council and evaluate if there are risk of holding securities to maturity.
d) Commitments to purchase securities newly introduced on the market shall be made no more than
three (3) working days before pricing.
f) Whenever possible, the City will obtain three or more quotations on the purchase or sale of
comparable securities (excludes new issues, LAIF, City of Palo Alto bonds, money market
accounts, and mutual funds).
2 U.S. Government Securities:Full Compliance
a) There is no limit on purchase of these securities.
b) Securities will not exceed 10 years maturity.
3 U.S. Government Agency Securities:Exceeded Limit
a) There is no limit on purchase of these securities except for:
Callable and Multi-step-up securities provided that:
- The potential call dates are known at the time of purchase;
- the interest rates at which they "step-up" are known at the time of purchase; and
- the entire face value of the security is redeemed at the call date.
- No more than 25 percent of the par value of portfolio.26.62%
b) Securities will not exceed 10 years maturity.
4 California State, California Local Government Agencies, and other United States State Bonds:Full Compliance
a)Having at time of investment a minimum Double A (AA/Aa2) rating as provided by a nationally
recognized rating service (e.g., Moody’s, Fitch, and/or Standard and Poor’s).
b)May not exceed 40 percent of the par value of the portfolio.38.36%
5 Certificates of Deposit (CD):Full Compliance
a)May not exceed 20 percent of the par value of the portfolio;None Held
b)No more than 10 percent of the par value of the portfolio in collateralized CDs in any institution.
c) Purchase collateralized deposits only from federally insured large banks that are rated by
a nationally recognized rating agency (e.g. Moody's, Fitch, and/or Standard & Poor's).
d) For non-rated banks, deposit should be limited to amounts federally insured (FDIC)
e) Rollovers are not permitted without specific instruction from authorized City staff.
6 Banker's Acceptance Notes (BA):Full Compliance
a)No more than 30 percent of the par value of the portfolio.None Held
b) Not to exceed 180 days maturity.
c) No more than $5 million with any one institution.
Attachment C
Investment Policy Compliance
As of September 30, 2023
Investment Policy Requirements
Compliance
Check / Actual
$152.2 million
1.22%
Attachment C
Investment Policy Compliance
As of September 30, 2023
Investment Policy Requirements
Compliance
Check / Actual
7 Commercial Paper:Full Compliance
a)No more than 15 percent of the par value of the portfolio.None Held
b) Having highest letter or numerical rating from a nationally recognized rating service.
c) Not to exceed 270 days maturity.
d)No more than $3 million or 10 percent of the outstanding commercial paper of any one institution,
whichever is lesser.
8 Short-Term Repurchase Agreement (REPO):Full Compliance
a) Not to exceed 1 year.None Held
b) Market value of securities that underlay a repurchase agreement shall be valued at 102 percent or
greater of the funds borrowed against those securities.
9 Money Market Deposit Accounts Full Compliance
a) Liquid bank accounts which seek to maintain a net asset value of $1.00.
10 Mutual Funds:Full Compliance
a)No more than 20 percent of the par value of the portfolio.None Held
b)No more than 10 percent of the par value with any one institution.
11 Negotiable Certificates of Deposit (NCD):Full Compliance
a)No more than 20 percent of the par value of the portfolio.8.27%
b) No more than $5 million in any one institution.Federally Insured
12 Medium-Term Corporate Notes:Full Compliance
a)No more than 10 percent of the par value of the portfolio.5.09%
b) Not to exceed 5 years maturity.
c) Securities eligible for investment shall have a minimum rating of AA or Aa2 from a nationally
recognized rating service.
d) No more than $5 million of the par value may be invested in securities of any single issuer, other
than the U.S. Government, its agencies and instrumentality.
e) If securities owned by the City are downgraded by either rating agencies to a level below AA it
shall be the City's policy to review the credit situation and make a determination as to whether
to sell or retain such securities.
13 Supranational Organizations Securities:Full Compliance
a) Securities will not exceed 5 years maturity
b)No more than 20 percent of the par value of the portfolio.7.56%
c)No more than 10 percent in any one institution.Full Compliance
d) Securities eligible for investment shall have a minimum rating of AA or Aa2 from a nationally
recognized rating service.
14 Prohibited Investments:
a) Reverse Repurchase Agreements
b) Derivatives as defined in Appendix B of the Investment Policy
15 All securities shall be delivered to the City's safekeeping custodian, and held in the name of the
City, with the exception of :
- Certificates of Deposit, Mutual Funds, and Local Agency Investment Fund (LAIF)
Full Compliance
None Held
Full Compliance