Agenda packet — Bell City Council, April 9, 2025 (part 1 of 2)

Agenda
Regular Meeting of the
B
ell City Council/Bell Community Housing Authority/Successor Agency to the Bell Community Redevelopment Agency/ Bell Public Finance Authority Wednesday, April 9, 2025
5:00
P.M. CLOSED SESSION
7:00 P.M. OPEN SESSION
BEL

L COMMUNITY CENTER
6250 PINE AVENUE, BELL CA 90201
Ali Saleh
Mayor
M
onica Arroyo Francis Flores
Vice-Mayor Council Member

Ana Maria Quintana Alicia Romero
Council Member Council Member

Welcome to the City Council Meeting

The Bell City Council and staff welcome you. This is your City Government.

Individual participation is a basic part of American Democracy and all Bell residents are encouraged to attend meetings of the City Council. Regular City Council meetings are held the second and fourth Wednesday of the m onth at 7:00 p.m., Bell Community Center, 6250 Pine Avenue. For more information, you may call City Hall during regular business hours 8:00 a.m. to 4:00 p.m., Monday through Friday at (323) 588-6211 Extension 2615.

City Council Organization

There are five City Council members, one of whom serves as Mayor and is the presiding officer of the City Council. These are your elected representatives who act as a Board of Directors for the City of Bell. City Council members are like you, concerned residents of the community who provide guidance in the operation of your City.

Addressing the City Council

If you wish to speak to the City Council on any item which is listed or not listed on the City Council Agenda, please complete a Request to Speak Card available in the back of the City Council Chambers. Please submit the completed card to the City Clerk prior to the meeting. The Mayor will call you to the microphone at the appropriate time if you have filled out a Request to Speak Card. At that time, approach the podium and please clearly state your name and address, and proceed to make your comments.

Compliance with Americans with Disabilities Act

The City of Bell, in complying with the Americans with Disabilities Act (ADA), request individuals who require special accommodation(s) to access, attend, and or participate in a City meeting due to disability. Please contact the City Clerk’s Office, (323) 588-6211, Ext. 2615, at least one business day prior to the scheduled meeting to ensure that we may assist you.

Statement Regarding Compensation for Membe
rs of the Bell City Council

Compensation for the members of the Bell City Council is $673 a month. In accordance with Government Code Section 54952.3, Councilmembers will not receive any additional compensation or stipend for the convening of the following regular meetings: Successor Agency to the Bell Community Redevelop ment Agency, the Bell Community Housing Authority, the Bell Public Finance Authority, the Bell Surplus Property Authority, and the Bell Solid Waste Authority.

Meeting of the
Bell City Council and Related Agencies
April 9, 2025

REGULAR JOINT MEETING OF THE

Bell City Council/Bell Community Housing Authority/Successor Agency to the Bell Community Redevelopment Agency/Bell Public Finance Authority

April 9, 2025

5:00 P.M. Closed Session
7:00 P.M. Regular Meeting

Location: Bell Community Center, 6250 Pine Avenue, Bell CA 90201

Call to Order

Roll Call of the City Council in their capacities as Councilmembers/Members of all Related Agencies: Councilmembers Flores, Quintana, Romero, Vice-Mayor Arroyo, and Mayor Saleh

Communications from the Public on Closed Session Items

This is the time for members of the public to address the City Council and related Authorities and Agencies only on items that are listed under Closed Session.

Closed Session

The City Council and the related Authorities and Agencies will recess to closed session to confer with legal counsel regarding the following matters:

a. CONFERENCE WITH REAL PROPERTY NEGOTIATORS (Pursuant to Government Code section 54956.8)
Property: 7030 Atlantic Avenue, Bell CA 90201
Agency negotiators: Michael L. Antwine II (City Manager), and Dave Aleshire (City Attorney) Negotiating parties: To be Determined

b. CONFERENCE WITH REAL PROPERTY NEGOTIATORS (Pursuant to Government Code section 54956.8)
Property: 4400 – 4410 Gage Avenue, Bell CA 90201
Agency negotiators: Michael L. Antwine II (City Manager), and Dave Aleshire (City Attorney) Negotiating parties: To be Determined

c. CONFERENCE WITH REAL PROPERTY NEGOTIATORS (Pursuant to Government Code section 54956.8)

MEETING WILL BE HELD IN-PERSON AT THE BELL COMMUNITY CENTER

PUBLIC COMMENT: If you wish to make a comment on items listed on the agenda, you may attend the meeting in- person at Bell Community Center. Please complete a Request to Speak Card available in the location and wait until the mayor call s you to approach the podium. Please clearly state your name and address and proceed to make your comments .

You may also submit input electronically through a temporary public comment email established for City of Bell City Council meetings at [email protected]. Your written comment must be submitted by 4pm on Wednesday, April 9, 2025. Any emails received after the time indicated will not be included in the record. Written Comments will be subject to the three minute ti me limitation (approximately 350 words).

The meeting will be recorded and live streamed on the City’s website at http://www.cityofbell.org/?NavID=101

Meeting of the
Bell City Council and Related Agencies
April 9, 2025
Property: 6400 Atlantic Avenue, Bell CA 90201
Agency negotiators: Michael L. Antwine II (City Manager), and Dave Aleshire (City Attorney) Negotiating parties: To be Determined

d. CONFERENCE WITH REAL PROPERTY NEGOTIATORS (Pursuant to Government Code section 54956.8)
Property: 4738 Florence Avenue, Bell CA 90201
Agency negotiators: Michael L. Antwine II (City Manager), and Dave Aleshire (City Attorney) Negotiating parties: To be Determined

e. CONFERENCE WITH REAL PROPERTY NEGOTIATORS (Pursuant to Government Code section 54956.8)
Property: 5241 Florence Avenue, Bell CA 90201
Agency negotiators: Michael L. Antwine II (City Manager), and Dave Aleshire (City Attorney) Negotiating parties: To be Determined

f. Anticipated Initiation of Litigation pursuant to Government Code Section 54956.9 (d)(3) regarding significant exposure to litigation in two cases.

g. Public Employee Performance Evaluation (Government Code Section 54957 (b)) Title: City Manager

Reconvene Regular City Council Meeting

Call to Order

Roll Call of the City Council in their capacities as Councilmembers/Members of all Related Agencies: Councilmembers Flores, Quintana, Romero, Vice-Mayor Arroyo, and Mayor Saleh

Pledge of Allegiance

City Attorney Report

The City Attorney will report on any action(s) to be taken by the City Council/Agencies on Closed Session matters.

Presentations and Recognitions

a. Mayor Citizens Award
b. Proclamation declaring April as National Arab-American Heritage Month

Communications from the Public

This is the time members of the public may address the City Council and related Authorities and Agencies on items that are on the agenda and non-agenda items that are under the subject matter jurisdiction of City Council and/or its related authorities and agencies. (Each speaker is limited to three minutes)
Mayor and City Council Communications

Pursuant to Assembly Bill 1234, this is the time and place to provide a brief report on meetings, seminars and conferences attended by the Mayor and City Councilmembers.

Meeting of the
Bell City Council and Related Agencies
April 9, 2025
City Manager Report
I
n this portion of the agenda, the City Manager will provide a brief report on items of interest to the City Council and/or the community.

B
usiness Session

1. A
uthorize the Police Chief to accept and administer the FY 2023 Edward Byrne Memorial Justice Assistance Grant (JAG) in the amount of $14,702.00 to purchase and install License Plate Readers (LPRs) for the Bell Police Department. (City Council) R
ecommendation: It is recommended that the City Council read by title only, waive further reading and adopt Resolution 2025-18 titled:

RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BELL

AUTHORIZING THE POLICE CHIEF TO ACCEPT AND
ADMINISTER THE FISCAL YEAR 2023 EDWARD BYRNE

MEMORIAL JUSTICE ASSISTANCE GRANT (JAG) TO BE USED

FOR PURCHASE AND INSTALLATION OF LICENSE PLATE

READER CAMERAS (LPR)

2. C
ity of Bell and Bell Successor Agency Investment Reports as of February 2025 . (City Council/Successor Agency to the Bell Community Redevelopment Agency) R
ecommendation: It is recommended that the City Council receive and file.

3. A
pprove the Agreement with The Pun Group Accountants & Advisors, for Auditing Services for three (3) years, with two (2) one-year extensions.

R
ecommendation: It is recommended that the City Council approve the Agreement with The Pun Group Accountants & Advisors, for Professional Auditing Services for three (3) years, with two (2) one-year extensions.

4. Consideration to Approve Amendment No. 1 with Kosmont Realty for Pre- Disposition Real E
state Advisory, Due Diligence Services, Brokerage, and Economic Development Advisory Services. (City Council)
R
ecommendation: It is recommended that the City Council Amendment No. 1 to the Agreement with Kosmont Companies for Economic Development Advisory Services, increasing the total contract amount not to exceed $93,500 and extending the agreement term by one (1) year.

5. C
onsideration to approve the Amended and Restated Agreement with Terra Realty Advisors - Real Estate Services on Outdoor Advertising/Billboard. (City Council) R
ecommendation: It is recommended that the City Council approve Amended and Restate Agreement with Terra Realty Advisors for real estate services for outdoor advertising/digital billboards with a total contract amount not to exceed $77,500 and including a one- year extension and a two (1) year options at the City’s discretion.

6. C
onsideration to Approve Amendment No. 2 with Community Service Group (CSG). (City Council)
Meeting of the
Bell City Council and Related Agencies
April 9, 2025
Recommendation: It is recommended that the City Council approve Contract Amendment No. 2 with the Community Service Group (CSG) for on-call planning and special project management services for both city-owned and privately owned projects, in an amount not exceeding $130,000.

7. Fi
rst Amendment to City of Bell City Manager Employment Agreement. (City Council) R
ecommendation: It is recommended that the City Council approve the First Amendment to the City of Bell City Manager Employment Agreement.

C
onsent Calendar
The
following Consent Calendar items are expected to be routine and non- controversial. They are acted upon by the City Council and related authorities at one time without discussion. The reading of the full text of ordinances and resolutions will be waived unless a Councilmember requests otherwise.

R
ecommendation: Approve agenda items 8 and 9.

8. G
eneral Warrants, Successor Agency to the Bell Community Redevelopment Agency and Community Housing Authority Warrants of April 9, 2025. (Council/Successor Agency to the Bell Community Redevelopment Agency/Bell Community Housing Authority).

9. M
inutes for the Regular City Council Meetings of March 12 and March 26, 2025. (City Council)
P
ending Items – None
N
ext Regular Meeting Wednesday, April 23, 2025
I
, Angela Bustamante, City Clerk of the City of Bell, certify that a true, accurate copy of the foregoing agenda was posted April 4 , 2025 at least seventy-two (72) hours prior to the meeting as required by law.
__________________________
Angela Bustamante, City Clerk

REGULAR MEETING OF THE

BELL CITY COUNCIL AND RELATED AGENCIES

April 9, 2025

5:00 P.M. Closed Session
7:00 P.M. Regular Session

INDEX

Agenda Category Item Number Page Numbers

CLOSED SESSION a – g

AGENDA & INDEX 1-7

PUBLIC HEARINGS None

BUSINESS SESSION 1 8-11
2 12-110
3 111-157
4 158-202
5 203-271
6 272-345
7 346-348

CONSENT CALENDAR 8 349-399
9 400-414

Page 8 ends

Page 9 ends

Page 10 ends

Page 11 ends

Page 12 ends

Report Date: 4/9/25
Issuer / Book Market % of YTM
CUSIP Security Value Value * Portfolio (Market Y)
LAIF 20,327,250 20,327,250 63.80% 4.33%
See Attached Asset-Backed Security 979,494 986,701 3.10% 4.42% See Attached Agency Issues 1,315,180 1,315,098 4.13% 4.05% See Attached Agency CMBS 1,100,099 1,107,685 3.48% 4.30% See Attached Cash 435 435 0.01% 0.00%
See Attached Corporate 2,822,220 2,836,258 8.90% 4.44%
See Attached Money Market 27,237 27,237 0.09% 3.98%
See Attached Municipal Bonds 101,178 104,026 0.33% 4.27% See Attached Supranational 544,359 550,998 1.73% 4.08%
See Attached US Treasury 4,583,994 4,544,588 14.26% 4.12% Accrued Interest 87,507 87,507 0.28%
Totals 31,888,953$ 31,887,783$ 100%
Bank Account Balances:

Wells Fargo Bank Stagecoach Sweep General Checking: 6,122,731.83 Wells Fargo Bank Commercial Checking Choice IV-Public Funds: 52,498.00 Wells Fargo Bank Bell Community Housing Authority Checking Account: 1 -
Wells Fargo Bank Payroll Account: 2
-
Wells Fargo Bank Worker's Compensation Account: 3
107,937.63
6,283,167.46$
Investment Account Balances:

LAIF 20,327,249.68
Chandler Asset Management 11,561,703.38
Charles Schwab OPEB Trust Account 321,075.46
Charles Schwab Pension Stabilization Trust Account 1,288,272.69 33,498,301.21$
Bank Account Total 6,283,167.46
Investment Account Total 33,498,301.21
BCHA Restricted Funds per TB (25,079,269.60)
Total General Fund 14,702,199.07$
The City's investment and banking liquidity is adequate for it to meet its expenditure requirements for the next 180 days. There have been no variances to the City Investment Policy. 1 The Bell Community Housing Authority Account - This bank account segregates the financial activities pertinent of the Housing Authority, Fund 90.

This bank account was transitioned to zero balance account (ZBA) status in 2013 and is reconciled to the City's General Ledger. 2 Payroll Account - This bank account segregates payroll activities. This bank account was transitioned to zero balance account (ZBA) status in 2013 and is reconciled to the City's General Ledger. 3 Workers' Compensation - This bank account was established for joint access by City Staff and the City's third -party administrator, AdminSure, to administer workers' compensation programming.

The account is reimbursed by bank transfers as necessary. 4 Charles Schwab OPEB Trust Account - This trust account was established to fund future OPEB Liabilities 5 Charles Schwab Pension Stabilization Trust Account - This trust account was established to fund future Pension Liabilities * Current market valuation is required for investments with maturities of more than twelve months. MV includes accrued interest earned as of 2/28/2025 City of Bell Investment Report
LAIF Deposit and Core Investments
February 2025

Page 13 ends

Account Number Description Beginning Balance Debit This Period Credit This Period Ending Balance 090-00-00-0000-000-1030 RESTRICTED CASH - BCHA 18,051,940.95 181,155.15 (171,122.89) 18,061,973.21 090-00-00-0000-000-1031 RESTRICTED CASH - BCHA2-MHP 5,036,634.12 - - 5,036,634.12 090-00-00-0000-000-1032 RESTRICTED CASH - BELL MHP 932,194.99 - - 932,194.99 090-00-00-0000-000-1033 RESTRICTED CASH - FLOR VILLAGE 1,048,467.28 - - 1,048,467.28 25,069,237.34 181,155.15 (171,122.89) 25,079,269.60

Page 14 ends

MONTH FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
JULY 27,158,657.80$ 36,441,274.21$ 34,062,482.19$ 37,722,594.38$ AUGUST 28,268,929.13 35,223,821.96$ 33,390,312.50$ 36,656,346.77$ SEPTEMBER 26,397,025.57 32,811,437.12$ 34,034,650.49$ 35,319,108.10$ OCTOBER 26,237,986.42 31,444,024.32$ 33,199,454.80$ 41,732,039.43$ NOVEMBER 25,741,196.73 31,238,472.56$ 32,354,418.96$ 33,914,488.35$ DECEMBER 28,966,073.71 33,614,575.25$ 33,684,522.39$ 35,409,671.88$ JANUARY 33,505,081.56 36,436,046.86$ 38,273,406.85$ 40,562,234.58$ FEBRUARY 33,233,351.99 37,509,622.83$ 38,028,343.35$ 39,781,468.67$ MARCH 32,837,890.46 36,515,694.26$ 37,364,491.38$
APRIL 34,829,178.84 37,952,579.87$ 39,401,701.82$
MAY 37,384,223.90 41,029,417.85$ 44,466,626.45$
JUNE 38,524,813.01 41,641,408.12$ 44,640,599.33$
* Current market valuation is required for investments with maturities of more than twelve months.

MV includes accrued interest earned as of 2/28/25
City of Bell
Historical Summary of Invested Funds & Bank Deposits

Page 15 ends

Report Date: 4/9/25
Issuer / Book Market % of YTM
Security Value Value * Portfolio (Purchase Y)
LAIF 706,011 706,011 100.00% 4.33%
Totals 706,011$ 706,011$ 100.00% Bank Account Balances:

Wells Fargo Bank Successor to RDA: 1,880,830.08$

Investment Account Balances:

LAIF 706,010.82$
Total Successor Agency Balance: 2,586,840.90$
* Current market valuation is required for investments with maturities of more than twelve months.

City of Bell Successor to Redevelopment Agency - This bank account segregates the financial activities of the Successor Agency and is reconciled to the City's General Ledger each month.

Bell Successor Agency Investment Report
February 2025
All Investments

Page 16 ends

MONTH FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
JULY 2,634,143.35$ 2,596,401.97$ 2,926,113.98$ 2,875,345.35$ AUGUST 2,601,063.64 2,591,745.15$ 2,925,008.88$ 2,878,320.15$ SEPTEMBER 890,531.10 852,536.05$ 1,235,549.02$ 2,129,913.41$ OCTOBER 886,165.69 856,629.31$ 1,258,468.03$ 2,140,812.31$ NOVEMBER 876,829.70 843,758.80$ 1,257,061.62$ 2,134,450.68$ DECEMBER 873,108.41 841,336.47$ 1,499,506.53$ 2,119,877.25$ JANUARY 1,459,106.09 1,265,533.12$ 1,828,066.88$ 2,584,873.23$ FEBRUARY 1,325,546.77 1,262,014.62$ 1,832,707.67$ 2,586,840.90$ MARCH 1,014,355.71 1,077,986.33$ 1,662,581.99$
APRIL 1,000,743.36 1,073,088.31$ 1,670,505.06$
MAY 994,985.29 1,044,488.11$ 1,763,397.48$
JUNE 2,595,074.09 2,912,224.74$ 2,708,374.70$
* Current market valuation is required for investments with maturities of more than twelve months.

MV includes accrued interest earned as of 2/28/2025.

Community Redevelopment Agency / Successor Agency
Historical Summary of Invested Funds & Bank Deposits

Page 17 ends

STAGECOACH SWEEP
WELLS FARGO BANK, N.A.

P.O. BOX 63020

THIS STATEMENT COVERS 02/01/2025 THROUGH 02/28/2025

FUNDS HELD ON COMPANY'S BEHALF IN THE OMNIBUS DEPOSIT ACCOUNT AT BANK ARE

DEPOSITS AND ARE ELIGIBLE FOR FDIC INSURANCE IN ACCORDANCE WITH FDIC RULES AND LIMITS. COMPANY'S MMMF SHARES HELD IN THE OMNIBUS INVESTMENT ACCOUNT IN BANK'S

NAME AT THE CUSTODIAN OF THE MMMF ARE NOT DEPOSITS AND ARE NOT ELIGIBLE FOR FDIC INSURANCE. COMPANY IS THE OWNER OF ITS MMMF SHARES.

ALLSPRING TREASURY PLUS MMF A CLS

Transaction Detail

Date Description Amount
2-01-2025 Beginning Balance 8,724,550.91
2-03-2025 Sweep Funds Return To DDA 389,607.99
2-03-2025 Reinvested Dividend 23,399.28
2-04-2025 Next Day Sweep Purchase 177,214.86
2-05-2025 Next Day Sweep Purchase 24,805.31
2-06-2025 Next Day Sweep Purchase 6,305.47
2-07-2025 Next Day Sweep Purchase 8,965.55
2-10-2025 Next Day Sweep Purchase 48,834.57
2-11-2025 Sweep Funds Return To DDA 4,965.29
2-12-2025 Sweep Funds Return To DDA 183,339.12
2-13-2025 Next Day Sweep Purchase 14,533.88
2-14-2025 Sweep Funds Return To DDA 304,529.23
2-18-2025 Next Day Sweep Purchase 57,792.35
2-19-2025 Sweep Funds Return To DDA 2,192,879.19
2-20-2025 Sweep Funds Return To DDA 307,085.47
2-21-2025 Next Day Sweep Purchase 165,693.38
2-24-2025 Next Day Sweep Purchase 10,659.90
2-25-2025 Sweep Funds Return To DDA 33,085.54
2-26-2025 Next Day Sweep Purchase 412,383.19
2-27-2025 Sweep Funds Return To DDA 65,344.79
2-28-2025 Sweep Funds Return To DDA 71,570.20
2-28-2025 Ending Balance 6,122,731.83

Daily Balance Information

Date Investment Balance Annualized Fund Yield Daily Dividend Factor Daily Accrual 02-01* 8,358,342.20 3.841 % .000105256 879.77
02-02* 8,358,342.20 3.841 % .000105256 879.77
02-03 8,358,342.20 3.858 % .000105719 883.64
02-04 8,535,557.06 3.846 %
.000105390 899.56

SAN FRANCISCO, CA 94163 Page 1 of 2

CITY OF BELL

GENERAL FUND OPERATING

ATTN CITY TREASURER
6330 PINE AVE
BELL CA 90201-1221
Account Number - DDA

FUND SUMMARY

Dividends Earned YTD 45,643.31
Federal Withholding YTD .00
7-Day Simple Yield 3.83531 %
Federal Withholding .00

Beginning Balance 8,724,550.91
Prior Months Dividends Reinvested 23,399.28 +
Shares Purchased 927,188.46 +
Shares Redeemed 3,552,406.82 -
Ending Balance 6,122,731.83

Dividends Earned in Current Month 22,244.03
Funds Pending Redemption 155,522.29-

Page 18 ends

STAGECOACH SWEEP
Date Investment Balance Annualized Fund Yield Daily Dividend Factor Daily Accrual 02-05 8,560,362.37 3.846 % .000105381 902.10
02-06 8,566,667.84 3.857 % .000105698 905.48
02-07 8,575,633.39 3.854 % .000105611 905.68
02-08* 8,575,633.39 3.854 % .000105611 905.68
02-09* 8,575,633.39 3.854 % .000105611 905.68
02-10 8,624,467.96 3.847 % .000105421 909.20
02-11 8,619,502.67 3.849 % .000105472 909.12
02-12 8,436,163.55 3.845 % .000105365 888.88
02-13 8,450,697.43 3.846 % .000105373 890.48
02-14 8,146,168.20 3.844 % .000105318 857.94
02-15* 8,146,168.20 3.844 % .000105318 857.94
02-16* 8,146,168.20 3.844 % .000105318 857.94
02-17* 8,146,168.20 3.844 % .000105318 857.94
02-18 8,203,960.55 3.864 % .000105886 868.68
02-19 6,011,081.36 3.843 % .000105303 632.98
02-20 5,703,995.89 3.841 % .000105248 600.33
02-21 5,869,689.27 3.847 % .000105405 618.69
02-22* 5,869,689.27 3.847 % .000105405 618.69
02-23* 5,869,689.27 3.847 % .000105405 618.69
02-24 5,880,349.17 3.848 % .000105438 620.01
02-25 5,847,263.63 3.838 % .000105174 614.98
02-26 6,259,646.82 3.841 % .000105249 658.82
02-27 6,194,302.03 3.844 % .000105332 652.46
02-28 6,122,731.83 3.832 % .000105002 642.90
TOTAL MTD 22,244.03

* Indicates non-business day

THANK YOU FOR BANKING WITH WELLS FARGO.

MONEY MARKET MUTUAL FUNDS (EACH, A "MMMF") ARE NOT FDIC INSURED, HAVE NO BANK GUARANTY AND MAY LOSE VALUE.

An Investment in a MMMF is not insured by the Federal Deposit Insurance Corporation or any other government agency. Although the MMMF's seek to preserve the value of customer's investment at $1.00 per share, it is possible to lose money by investing in a MMMF.

Allspring Funds Management, LLC, a wholly owned subsidiary of Allspring Global Investments Holdings, LLC ("Allspring Global"), provides investment advisory and administrative services for the Allspring Funds?. Other subsidiaries of Allspring Global provide sub-advisory and other services for the funds. The funds are distributed by Allspring Funds Distributor, LLC, Member FINRA/SIPC, a subsidiary of Allspring Global.

This material must be accompanied or preceded by a current prospectus for name of the Fund(s) selected. Please read the prospectus carefully before investing.
02/01/2025 - 02/28/2025

Page 2 of 2 ends

Account Number - DDA

Page 19 ends

Choice IV-Public Funds {NIB}
Account number: February 1, 2025 - February 28, 2025 Page 1 of 7 Prior account number: 145398000
©2010 Wells Fargo Bank, N.A.

All rights reserved. Member FDIC.
(182)
Questions?
Call your Customer Service Officer or Client Services
1-800-AT WELLS (1-800-289-3557)
5:00 AM TO 6:00 PM Pacific Time Monday - Friday
Online: wellsfargo.com
Write: Wells Fargo Bank, N.A. (182)
PO Box 63020
San Francisco, CA 94163

CITY OF BELL

GENERAL FUND OPERATING

ATTN CITY TREASURER
6330 PINE AVE
BELL CA 90201-1221
Account summary
Choice IV-Public Funds {NIB}
Account number Beginning balance Total credits Total debits Ending balance $370,254.00 $5,231,818.30 -$5,549,574.30 $52,498.00
Credits
Electronic deposits/bank credits
Effective
date
Posted
date Amount

Transaction detail
02/03 17.34 Southern Califor 0000001601 2500215290 Rmr*Ik*Just Energy Uut Payment 202412\Rmr*Ik*2200
02/03 83.00 Cash Only Customer Deposit
02/03 170.30 Stripe Transfer St-x4H8H0Y1U9x6 City of Bell 02/03 3,848.00 LA County Gen-Pymt 250130 500110 NTE*202501296450141 *A2500432934 *500110
02/03 40,990.50 Southern Califor 0000001601 2500215289 Rmr*Ik*SCG Uut Payment 20241222000070\Rmr*Ik*U011
02/03 72,967.30 Apport St of CA Apsapports 012925 388 Bell City Treasurer 02/03 79,173.60 Desktop Check Deposit
02/04 518.41 WT Fed#04728 Bank of America, N /Org=Cltic Ncs Fxfc Srf# 2025020400477273 Trn#250204151792 Rfb# 1-18582755
02/04 531.82 WT Fed#04697 Bank of America, N /Org=Cltic Ncs Fxfc Srf# 2025020400482782 Trn#250204154182 Rfb# 1-18582844
02/04 4,904.91 02/04Bankcard Deposit -0328029700
02/04 6,022.73 Desktop Check Deposit
02/05 0.97 02/05Bankcard Deposit -0328029700
02/05 4.50 02/05Bankcard Deposit -0328029701
02/05 100.00 Cash Only Customer Deposit
02/05 106.81 Desktop Check Deposit
02/05 111.12 02/05Bankcard Deposit -0328029700
02/05 668.96 Square Inc Sq250205 250205 T3A497Q4D6Jwp1Q City of Bell 02/05 681.20 Stripe Transfer St-U9O3L5C0C7U1 City of Bell 02/05 5,118.99 Cash Only Customer Deposit
02/06 209.32 Ce Solutions D Operating Fgwap0000740173 Cagasuut2501 Sheet Seq = 0017879
Sheet 00001 of 00007

Page 20 ends

Account number: February 1, 2025 - February 28, 2025 Page 2 of 7 Prior account number: 145398000
Electronic deposits/bank credits (continued)
Effective
date
Posted
date Amount

Transaction detail
02/06 275.00 02/06Bankcard Deposit -0328029700
02/06 558.26 Square Inc Sq250206 250206 T3V7Qz4Sgyk5F1Q City of Bell 02/06 1,097.68 02/06Bankcard Deposit -0328029700
02/06 3,478.99 Active Network, Registrati 000000006246673 Rmr*IV*14136671**139.15*139.15*0\Ref*PO*RN 001154
02/06 13,022.35 Ce Solutions D Operating Fgwap0000740258 Caelectricityuut2501 02/06 44,154.25 Desktop Check Deposit
02/06 80,100.82 ZBA Funding Account Transfer From
02/07 2.25 02/07Bankcard Deposit -0328029701
02/07 200.50 Cash Only Customer Deposit
02/07 209.00 02/07Bankcard Deposit -0328029701
02/07 1,777.75 Cash Only Customer Deposit
02/07 3,108.79 Square Inc Sq250207 250207 T34Df59Hk9R975T City of Bell 02/10 106.68 Square Inc Sq250210 250210 T3Jwbm3Wmjq0G66 City of Bell 02/10 184.79 Desktop Check Deposit
02/10 240.00 02/10Bankcard Deposit -0328029701
02/10 330.09 Desktop Check Deposit
02/10 484.24 Square Inc Sq250210 250210 T3Rmschcftdjegh City of Bell 02/10 509.00 Cash Only Customer Deposit
02/10 4,965.29 Sweep Transfer From Investment
02/11 170.30 Stripe Transfer St-L3x1T5L0N9H9 City of Bell 02/11 229.39 Square Inc Sq250211 250211 T3Xv0Bb43D4Mgj8 City of Bell 02/11 290.25 02/11Bankcard Deposit -0328029701
02/11 2,829.69 02/11Bankcard Deposit -0328029700
02/11 4,938.01 Desktop Check Deposit
02/11 183,339.12 Sweep Transfer From Investment
02/12 107.65 02/12Bankcard Deposit -0328029700
02/12 211.50 02/12Bankcard Deposit -0328029701
02/12 668.00 Cash Only Customer Deposit
02/12 759.80 Cash Only Customer Deposit
02/12 1,760.42 Desktop Check Deposit
02/12 2,337.90 Stripe Transfer St-C1G1P9J3I6N2 City of Bell 02/12 4,418.67 Square Inc Sq250212 250212 T331T38Kf8Qay79 City of Bell 02/12 7,708.95 Active Network, Registrati 000000006248326 Rmr*IV*14142871**7708.95*7708.95*0\Ref*PO*RN 0011
02/13 26.66 Square Inc Sq250213 250213 T31Am1Wxzx13Jhh City of Bell 02/13 289.00 02/13Bankcard Deposit -0328029701
02/13 340.60 Stripe Transfer St-P7N3Z8F4C5U4 City of Bell 02/13 1,475.04 WT Fed#05015 Bank of America, N /Org=PMAm Corporation Aaf City of Bell Srf# 2025021300455481 Trn#250213135444 Rfb# January 25 Alarm 02/13 11,600.16 Desktop Check Deposit
02/13 304,529.23 Sweep Transfer From Investment
02/14 10.00 Cash Only Customer Deposit
02/14 10.00 02/14Bankcard Deposit -0328029700
02/14 36.70 02/14Bankcard Deposit -0328029700
02/14 460.85 Stripe Transfer St-Q4Y6K9F8C9I5 City of Bell 02/14 494.00 Cash Only Customer Deposit
02/14 4,849.45 Square Inc Sq250214 250214 T3Gag4Yzrfw9MA2 City of Bell 02/14 45,769.12 Desktop Check Deposit
Sheet Seq = 0017880
Sheet 00002 of 00007

Page 21 ends

Account number: February 1, 2025 - February 28, 2025 Page 3 of 7 Prior account number: 145398000
Electronic deposits/bank credits (continued)
Effective
date
Posted
date Amount

Transaction detail
02/14 158,463.54 Southern Califor EDI Paymts 2502100001 *003*250101***20^Dtm*003*250131***20^SE*15*104127
02/18 3.00 02/18Bankcard Deposit -0328029701
02/18 646.00 Desktop Check Deposit
02/18 10,187.80 Lacmta Corp Pmt 1231571 55~
02/18 2,192,879.19 Sweep Transfer From Investment
02/19 16.00 02/19Bankcard Deposit -0328029701
02/19 209.00 02/19Bankcard Deposit -0328029701
02/19 465.00 Cash Only Customer Deposit
02/19 960.00 Cash Only Customer Deposit
02/19 2,415.16 02/19Bankcard Deposit -0328029700
02/19 3,114.57 Square Inc Sq250219 250219 T3Zze10C64Gzybf City of Bell 02/19 12,476.29 LA County Gen-Pymt 250213 500110 NTE*202502136468886 *A2500457602 *500110
02/19 76,023.79 Desktop Check Deposit
02/19 307,085.47 Sweep Transfer From Investment
02/20 2.50 02/20Bankcard Deposit -0328029701
02/20 460.85 Stripe Transfer St-U2K5R9O0T8C5 City of Bell 02/20 1,795.34 Active Network, Registrati 000000006251816 Rmr*IV*14148435**1795.34*1795.34*0\Ref*PO*RN 0011
02/20 2,179.59 Square Inc Sq250220 250220 T3Jkz8629Tj0Srp City of Bell 02/20 19,534.43 Desktop Check Deposit
02/20 21,362.97 Desktop Check Deposit
02/20 334,831.96 LA County Gen-Pymt 250217 Pta-11600 NTE*202502176469335 *A2500458291 *Pta-11600
02/21 20.00 02/21Bankcard Deposit -0328029701
02/21 184.79 02/21Bankcard Deposit -0328029700
02/21 200.00 02/21Bankcard Deposit -0328029700
02/21 418.00 02/21Bankcard Deposit -0328029701
02/21 439.00 Cash Only Customer Deposit
02/21 621.76
Cash Only Customer Deposit
02/21 722.99 Square Inc Sq250221 250221 T3Zxz50Eew6J2KS City of Bell 02/21 84,373.20 Apport St of CA Apsapports 021825 388 Bell City Treasurer 02/24 26.75 02/24Bankcard Deposit -0328029701
02/24 299.66 Square Inc Sq250224 250224 T368Jyghdyxs9E4 City of Bell 02/24 1,092.00 Stripe Transfer St-K5B2D0A9L4U8 City of Bell 02/24 1,217.15 LA County Gen-Pymt 250219 500110 NTE*202502196475055 *A2500465643 *500110
02/24 2,448.95 Amer Tower 1942 EDI Paymnt Feb 22 43Rent_40011670 27\Dtm*003*20250301\SE*19*000006634\GE*000001*075
02/24 5,010.25 Desktop Check Deposit
02/24 33,085.54 Sweep Transfer From Investment
02/25 24.00 02/25Bankcard Deposit -0328029701
02/25 273.00 02/25Bankcard Deposit -0328029701
02/25 306.79 02/25Bankcard Deposit -0328029700
02/25 1,623.05 U.S. Bank Nation AP Payment 250224 xxxxx1439 Ecrrebate162161224\ 02/25 7,939.74 Desktop Check Deposit
02/25 419,154.00 CA Dept Tax&Fee Cdtfa-Ltax 022025 19005 City of Bell 02/26 295.00 02/26Bankcard Deposit -0328029701
Sheet Seq = 0017881
Sheet 00003 of 00007

Page 22 ends

Account number: February 1, 2025 - February 28, 2025 Page 4 of 7 Prior account number: 145398000
Electronic deposits/bank credits (continued)
Effective
date
Posted
date Amount

Transaction detail
02/26 449.70 Cash Only Customer Deposit
02/26 577.00 Cash Only Customer Deposit
02/26 852.78 Cash Only Customer Deposit
02/26 883.39 Square Inc Sq250226 250226 T30Hj3Tpevanb12 City of Bell 02/26 3,342.66 Active Network, Registrati 000000006253702 Rmr*IV*14155259**3342.66*3342.66*0\Ref*PO*RN 0011
02/26 70,008.09 Desktop Check Deposit
02/26 65,344.79 Sweep Transfer From Investment
02/27 121.86 Square Inc Sq250227 250227 T353TX1Ncyg1Nz7 City of Bell 02/27 218.00 02/27Bankcard Deposit -0328029701
02/27 290.55 Stripe Transfer St-T2N5O3K2H1U2 City of Bell 02/27 16,114.76 Desktop Check Deposit
02/27 20,481.96 02/27Bankcard Deposit -0328029700
02/27 72,721.85 Lacmta Corp Pmt 1232205
2721.85~Dtm|003|20250216~SE|33|0368~GE|0001|26259
02/27 87,672.54 Lacmta Corp Pmt 1232206
7672.54~Dtm|003|20250216~SE|33|0319~GE|0001|26259
02/27 71,570.20 Sweep Transfer From Investment
02/28 2.50 02/28Bankcard Deposit -0328029701
02/28 357.77 CA Dept Tax&Fee Cdtfa-Lmts 022525 1075 City of Bell 02/28 764.75 Square Inc Sq250228 250228 T3Zkd40B5J80Zrk City of Bell 02/28 2,439.36 CC Tm PA LLC Cons Pay 250228 03166204 0004City of Bell 02/28 2,798.41 Desktop Check Deposit
02/28 3,699.05 Cctm1 LLC Cons Pay 250228 03165677 0004City of Bell 02/28 155,522.29 Sweep Transfer From Investment
$5,231,818.30 Total electronic deposits/bank credits
$5,231,818.30 Total credits
Debits
Electronic debits/bank debits
Effective
date
Posted
date Amount

Transaction detail
02/03 6,306.42 < Business to Business ACH Debit - AFLAC Columbus Achpmt 250201 92611717 Vw09072564701
02/03 9,227.84 ZBA Funding Account Transfer to
02/03 177,214.86 Sweep Transfer to Investment
02/04 3,020.52 ZBA Funding Account Transfer to
02/04 24,805.31 Sweep Transfer to Investment
02/05 3,036.32 WT Seq453827 City of Bell, Workers C /Bnf=City of Bell, Workers Compensation Srf# Gb00000074029707 Trn#250205453827 Rfb# 2991
02/05 837.33 ZBA Funding Account Transfer to 4159281401 02/05 6,305.47 Sweep Transfer to Investment
02/06 5,659.70 < Business to Business ACH Debit - Calpers 3100 5686383552 100000017768684 02/06 16,030.84 < Business to Business ACH Debit - Calpers 3100 5686383552 100000017768643 02/06 17,654.08 < Business to Business ACH Debit - Calpers 3100 5686383552 100000017768610 02/06 19,036.75 < Business to Business ACH Debit - Calpers 3100 5686383552 100000017768761 02/06 25,614.35 < Business to Business ACH Debit - Calpers 3100 5686383552 100000017768722 Sheet Seq = 0017882
Sheet 00004 of 00007

Page 23 ends

Account number: February 1, 2025 - February 28, 2025 Page 5 of 7 Prior account number: 145398000
Electronic debits/bank debits (continued)
Effective
date
Posted
date Amount

Transaction detail
02/06 428.87 ZBA Funding Account Transfer to 4159281401 02/06 8,965.55 Sweep Transfer to Investment
02/07 48,834.57 Sweep Transfer to Investment
02/11 974.65 Client Analysis Srvc Chrg 250210 Svc Chge 0125 02/11 3,506.95 WT Seq454377 City of Bell, Workers C /Bnf=City of Bell, Workers Compensation Srf# Gb00000074152063 Trn#250211454377 Rfb# 2992
02/11 5,099.76 WT Fed#02949 Jpmorgan Chase Ban /Ftr/Bnf=Carl Warren & CO - Aaf City of Bell Srf# Gw00000074152357 Trn#250211122332 Rfb# 2993
02/11 586.10 < Business to Business ACH Debit - Calpers 1800 5686383552 100000017800504 02/11 178,218.81 < Business to Business ACH Debit - Calpers 1800 5686383552 100000017800503 02/11 1,006.05 ZBA Funding Account Transfer to
02/12 0.76 Bankcard Discount Fee - 0328029701
02/12 1.37 Bankcard Discount Fee - 0328029701
02/12 1.55 Bankcard Discount Fee - 0328029701
02/12 1.81 Bankcard Fee - 0328029701
02/12 3.38 Bankcard Discount Fee - 0328029700
02/12 5.28 Bankcard Fee - 0328029700
02/12 5.72 Bankcard Discount Fee - 0328029700
02/12 17.62 Bankcard Interchange Fee - 0328029701
02/12 28.00 Bankcard Discount Fee - 0328029700
02/12 51.84 Bankcard Discount Fee - 0328029700
02/12 579.43 Bankcard Interchange Fee - 0328029700
02/12 14,533.88 Sweep Transfer to Investment
02/13 3,144.24 ACH Prep Origintn - General Fund - File 2956000677 Coid 2956000677 02/13 302,034.33 ZBA Funding Account Transfer to 4159281401 02/14 2,496.90 < Business to Business ACH Debit - Expertpay Expertpay xxxxx0677 City of Bell 02/14 114,659.91 ZBA Funding Account Transfer to 4159281401 02/14 57,792.35 Sweep Transfer to Investment
02/18 2,000,000.00
WT Seq452966 State Treasurers Office /Bnf=State Treasurers Office, Laif Account Srf# Transfer to Laif Trn#250218452966 Rfb# 2994
02/18 18,819.77 ZBA Funding Account Transfer to
02/19 22,730.46 WT Fed#00186 US Bank, NA /Ftr/Bnf=U.S. Bank National Association Srf# Gw00000074309623 Trn#250219098167 Rfb# 2995
02/19 57.33 ZBA Funding Account Transfer to
02/20 10,062.04 WT Seq456442 City of Bell, Workers C /Bnf=City of Bell, Workers Compensation Srf# Gb00000074410537 Trn#250220456442 Rfb# 2996
02/20 29,279.52 ZBA Funding Account Transfer to
02/20 165,693.38 Sweep Transfer to Investment
02/21 5,491.91 < Business to Business ACH Debit - Calpers 3100 5686383552 100000017795658 02/21 15,250.74 < Business to Business ACH Debit - Calpers 3100 5686383552 100000017795621 02/21 17,318.31 < Business to Business ACH Debit - Calpers 3100 5686383552 100000017795584 02/21 19,831.30 < Business to Business ACH Debit - Calpers 3100 5686383552 100000017795726 02/21 24,666.04 < Business to Business ACH Debit - Calpers 3100 5686383552 100000017795694 02/21 92.70 ZBA Funding Account Transfer to
02/21 10,659.90 Sweep Transfer to Investment
02/25 2,048.43 WT Seq452785 City of Bell, Workers C /Bnf=City of Bell, Workers Compensation Srf# Gb00000074507624 Trn#250225452785 Rfb# 2997
02/25 11,621.17 < Business to Business ACH Debit - Wright Express Fleet Debi 250224 9100005154093 City of Bell (3)
Sheet Seq = 0017883
Sheet 00005 of 00007

Page 24 ends

Account number: February 1, 2025 - February 28, 2025 Page 6 of 7 Prior account number: 145398000
Electronic debits/bank debits (continued)
Effective
date
Posted
date Amount

Transaction detail
02/25 323.55 ZBA Funding Account Transfer to 4159281401 02/25 412,383.19 Sweep Transfer to Investment
02/26 402.17 ZBA Funding Account Transfer to 4159281401 02/27 3,144.24 ACH Prep Origintn - General Fund - File 2956000677 Coid 2956000677 02/27 9,985.72 ZBA Funding Account Transfer to
02/27 306,317.23 ZBA Funding Account Transfer to 4159281401 02/28 2,496.90 < Business to Business ACH Debit - Expertpay Expertpay xxxxx0677 City of Bell 02/28 222.87 ZBA Funding Account Transfer to
02/28 117,806.80 ZBA Funding Account Transfer to 4159281401 $4,264,435.14 Total electronic debits/bank debits
< Business to Business ACH: If this is a business account, this transaction has a return time frame of one business day from post date. This time frame does not apply to consumer accounts.

Checks paid
Number Amount Date Number Amount Date Number Amount Date 84660 300.00 02/05
84770 * 10,495.00 02/04
84773 * 46,169.00 02/04
84774 242,997.86 02/03
84775 11,107.50 02/26
84779 * 107.09 02/03
84785 * 951.84 02/12
84786 4,000.00 02/06
84791 * 125.00 02/24
84793 * 56.80 02/04
84801 * 413.07 02/04
84804 * 741.18 02/03
84810 * 18.36 02/10
84812 * 675.00 02/13
84821 * 75.00 02/07
84822 306.00 02/20
84824 * 109.22 02/05
84825 502.00 02/10
84828 * 1,705.00 02/05
84829 612.04 02/03
84831 * 273.32 02/06
84832 493.75 02/03
84834 * 5,866.00 02/10
84836 * 333.72 02/07
84849 * 1,024.40 02/06
84852 * 100.00 02/04
84853 2,480.00 02/18
84862 * 1,200.00 02/27
84866 * 300.00 02/05
84867 630.00 02/03
84868 69.17 02/04
84870 * 20,990.00 02/19
84871 1,900.00 02/18
84872 50.00 02/24
84873 20.00 02/18
84875 * 1,278.40 02/18
84876 1,629.94 02/19
84877 168.00 02/19
84878 127.59 02/20
84879 4,685.42 02/24
84880 1,620.75 02/20
84881 864.00 02/18
84884 * 275.43 02/18
84885 750.00 02/18
84886 875.00 02/21
84887 8,713.95 02/18
84888 226.56 02/24
84889 50.00 02/25
84890 12,891.41 02/18
84891 27,953.75 02/24
84892 55,267.97 02/19
84893 125,438.93 02/19
84894 10,496.00 02/20
84895 24,218.00 02/26
84896 37,946.46 02/18
84897 1,267.12 02/13
84898 129.41 02/12
84899 2,476.44 02/11
84900 169.81 02/06
84901 1,024.02 02/20
84902 115.21 02/05
84903 262.73 02/10
84904 200.00 02/07
84905 52,759.35 02/28
84906 16,790.00 02/18
84907 10,495.00 02/19
84908 24,703.57 02/18
84909 15,435.00 02/18
84911 * 43,011.41 02/26
84912 35,600.00 02/18
84913 53,813.66 02/20
84915 * 75,869.00 02/20
84916 96,568.26 02/19
84917 10,688.75 02/21
84918 274.30 02/18
84920 * 2,458.85 02/19
84921 450.00 02/24
84922 237.60 02/19
84923 5,214.68 02/18
84924 6,994.15 02/18
84926 * 236.50 02/19
84927 750.00 02/18
84928 692.37 02/20
84929 50.00 02/18
84930 216.14 02/20
84931 227.01 02/19
84932 431.00 02/27
84933 985.50 02/14
84934 7,710.72 02/18
84935 740.00 02/18
84936 925.00 02/18
84937 821.00 02/19
84938 3,503.46 02/18
84939 212.22 02/18
84942 * 50.00 02/18
84943 496.56 02/18
84944 9,480.47 02/18
84945 109.00 02/21
84946 251.76 02/18
Sheet Seq = 0017884
Sheet 00006 of 00007

Page 25 ends

Account number: February 1, 2025 - February 28, 2025 Page 7 of 7 Prior account number: 145398000
Checks paid (continued)
Number Amount Date Number Amount Date Number Amount Date 84948 * 414.38 02/19
84949 750.00 02/21
84954 * 1,300.00 02/13
84955 614.25 02/18
84956 585.40 02/19
84957 310.00 02/24
84958 900.00 02/19
84959 8,182.50 02/21
84960 639.21 02/18
84961 7,578.00 02/19
84962 2,630.00 02/18
84963 9,195.00 02/21
84964 227.00 02/24
84965 1,976.25 02/21
84966 382.88 02/26
84967 97.99 02/18
84968 376.98 02/18
84969 900.00 02/18
84970 213.62 02/19
84972 * 111.24 02/25
84973 10,866.70 02/18
84974 24,877.90 02/19
84975 3,017.08 02/18
84976 110.88 02/21
84977 2,579.70 02/24
84978 2,677.46 02/21
84979 458.59 02/20
84980 1,044.44 02/18
84981 462.50 02/24
84982 1,030.45 02/26
84983 1,496.97 02/18
84984 5,264.51 02/18
84985 2,808.58 02/20
84986 237.10 02/18
84987 1,100.37 02/24
84988 3,056.90 02/19
84989 935.23 02/18
84990 5,950.82 02/19
84991 1,183.37 02/19
84992 3,097.33 02/18
84993 3,135.89 02/18
84994 7,482.04 02/19
85032 * 1,300.00 02/27
85038 * 641.21 02/28
85047 * 4,643.00 02/28
85055 * 630.00 02/28
85057 * 93.53 02/27
$1,285,139.16 Total checks paid

* Gap in check sequence.

$5,549,574.30 Total debits
Daily ledger balance summary
Date Balance Date Balance Date Balance
01/31 370,254.00
02/03 129,173.00
02/04 56,022.00
02/05 50,106.00
02/06 94,145.00
02/07 50,000.00
02/10 50,171.00
02/11 50,099.00
02/12 51,760.00
02/13 61,600.00
02/14 95,759.00
02/18 50,000.00
02/19 63,196.00
02/20 90,896.00
02/21 50,000.00
02/24 55,010.00
02/25 57,793.00
02/26 119,394.00
02/27 66,114.00
02/28 52,498.00
Average daily ledger balance $90,054.32
Sheet Seq = 0017885
Sheet 00007 of 00007

Page 26 ends

Commercial Checking Acct Public Funds
Account number: February 1, 2025 - February 28, 2025 Page 1 of 2 ©2010 Wells Fargo Bank, N.A.

CITY OF BELL
BCHA
6330 PINE AVE
BELL CA 90201-1221
Account summary
Commercial Checking Acct Public Funds
Account number Beginning balance Total credits Total debits Ending balance $0.00 $252,867.47 -$252,867.47 $0.00
Credits
Electronic deposits/bank credits
Effective
date
Posted
date Amount

Transaction detail
02/03 346.00 121108250 Ccddeposit 250201 xxxxx0548 Bell Community Housing 02/03 9,227.84 ZBA Balance Account Transfer From
02/04 3,020.52 ZBA Balance Account Transfer From
02/06 4.69 Desktop Check Deposit
02/06 720.00 Bell Properties Owner Paym 250203 Bell Properties City of Bell 02/06 720.00 Bell Properties Owner Paym 250203 Bell Properties City of Bell 02/06 835.00 Bell Properties Owner Paym 250203 Bell Properties City of Bell 02/06 985.00 Bell Properties Owner Paym 250203 Bell Properties City of Bell 02/06 1,770.00 Bell Properties Owner Paym 250203 Bell Properties City of Bell 02/06 2,380.00 Bell Properties Owner Paym 250203 Bell Properties City of Bell 02/06 3,930.00 Bell Properties Owner Paym 250203 Bell Properties City of Bell 02/06 4,195.00 Bell Properties Owner Paym 250203 Bell Properties City of Bell 02/06 10,735.00 Bell Properties Owner Paym 250203 Bell Properties City of Bell 02/06 26,852.77 Bell Properties Owner Paym 250203 Bell Properties City of Bell 02/06 27,681.69 Bell Properties Owner Paym 250203 Bell Properties City of Bell 02/11 1,006.05 ZBA Balance Account Transfer From
02/18 50,000.00 Bell Properties Owner Paym 250217 Bell Properties City of Bell 02/18 50,000.00 Bell Properties Owner Paym 250217 Bell Properties City of Bell 02/18 18,819.77 ZBA Balance Account Transfer From
02/19 57.33 ZBA Balance Account Transfer From
02/20 29,279.52 ZBA Balance Account Transfer From
02/21 92.70 ZBA Balance Account Transfer From
Sheet Seq = 0014524
Sheet 00001 of 00002

Page 27 ends

Account number: February 1, 2025 - February 28, 2025 Page 2 of 2 Electronic deposits/bank credits (continued)
Effective
date
Posted
date Amount

Transaction detail
02/27 9,985.72 ZBA Balance Account Transfer From
02/28 222.87 ZBA Balance Account Transfer From
$252,867.47 Total electronic deposits/bank credits
$252,867.47 Total credits
Debits
Electronic debits/bank debits
Effective
date
Posted
date Amount

Transaction detail
02/06 80,100.82 ZBA Balance Account Transfer to
$80,100.82 Total electronic debits/bank debits
Checks paid
Number Amount Date Number Amount Date Number Amount Date 8799 3,020.52 02/04
8801 * 9,573.84 02/03
8802 30,221.55 02/18
8803 29,110.88 02/18
8804 1,006.05 02/11
8805 534.77 02/06
8806 173.56 02/06
8807 30,056.91 02/18
8808 5,450.00 02/20
8809 572.70 02/18
8810 1,354.47 02/18
8811 6,100.00 02/20
8812 2,310.32 02/18
8814 * 92.70 02/21
8815 32.37 02/18
8816 9,332.82 02/18
8817 57.33 02/19
8818 29.19 02/18
8819 15,798.56 02/18
8820 17,729.52 02/20
8823 * 222.87 02/28
8824 9,985.72 02/27
$172,766.65 Total checks paid

* Gap in check sequence.

$252,867.47 Total debits
Daily ledger balance summary
Date Balance Date Balance Date Balance
01/31 0.00
02/03 0.00
02/04 0.00
02/06 0.00
02/11 0.00
02/18 0.00
02/19 0.00
02/20 0.00
02/21 0.00
02/27 0.00
02/28 0.00
Average daily ledger balance $0.00
Sheet Seq = 0014525
Sheet 00002 of 00002

Page 28 ends

Choice IV-Public Funds {NIB}
Account number: February 1, 2025 - February 28, 2025 Page 1 of 2 Prior account number: 145701262
©2010 Wells Fargo Bank, N.A.

CITY OF BELL

WORKERS COMPENSATION

ATTN CITY TREASURER
6330 PINE AVE
BELL CA 90201-1221
Account summary
Choice IV-Public Funds {NIB}
Account number Beginning balance Total credits Total debits Ending balance $109,344.20 $19,076.34 -$20,482.91 $107,937.63
Credits
Deposits
Effective
date
Posted
date Amount

Transaction detail
02/27 02/28 422.60 Reversal of Check Posted 2-27-25 Refer to Maker Our Ref: 2-27-25 00000000 $422.60 Total deposits
Electronic deposits/bank credits
Effective
date
Posted
date Amount

Transaction detail
02/05 3,036.32 WT Seq453827 City of Bell, General F /Org=City of Bell Srf# Gb00000074029707 Trn#250205453827 Rfb# 2991
02/11 3,506.95 WT Seq454377 City of Bell, General F /Org=City of Bell Srf# Gb00000074152063 Trn#250211454377 Rfb# 2992
02/20 10,062.04 WT Seq456442 City of Bell, General F /Org=City of Bell Srf# Gb00000074410537 Trn#250220456442 Rfb# 2996
02/25 2,048.43 WT Seq452785 City of Bell, General F /Org=City of Bell Srf# Gb00000074507624 Trn#250225452785 Rfb# 2997
$18,653.74 Total electronic deposits/bank credits
$19,076.34 Total credits
Debits
Checks paid
Number Amount Date Number Amount Date Number Amount Date 18526 277.95 02/03
18533 * 580.00 02/13
18537 * 14.99 02/03
18538 1,334.41 02/03
18544 * 198.55 02/12
18545 379.50 02/03
18546 422.60 02/04
18547 202.26 02/13
18549 * 137.60 02/03
Sheet Seq = 0039998
Sheet 00001 of 00002

Page 29 ends

Account number: February 1, 2025 - February 28, 2025 Page 2 of 2 Prior account number: 145701262
Checks paid (continued)
Number Amount Date Number Amount Date Number Amount Date 18551 * 277.95 02/03
18552 314.16 02/07
18553 62.80 02/03
18554 319.34 02/07
18555 1,954.01 02/10
18556 580.00 02/24
18557 111.49 02/05
18558 236.68 02/07
18559 179.19 02/07
18560 247.58 02/11
18561 49.50 02/12
18562 148.50 02/12
18563 202.26 02/13
18564 422.60 02/14
18565 187.51 02/13
18566 1,273.27 02/13
18567 5.03 02/26
18568 40.39 02/26
18569 14.23 02/26
18570 11.17 02/26
18571 1,445.00 02/20
18572 174.16 02/20
18574 * 92.71 02/21
18575 92.71 02/21
18576 1,075.24 02/11
18577 307.77 02/11
18578 1,781.43 02/28
18579 13.66 02/19
18580 96.16 02/20
18581 319.08 02/13
18582 750.00 02/20
18583 520.00 02/18
18584 750.00 02/20
18586 * 580.00 02/26
18592 * 337.44 02/21
18593 620.00 02/26
18594 742.50 02/28
18597 * 422.60 02/27
18600 * 30.87 02/27
18604 * 146.06 02/28
$20,482.91 Total checks paid

* Gap in check sequence.

$20,482.91 Total debits
Daily ledger balance summary
Date Balance Date Balance Date Balance
01/31 109,344.20
02/03 106,859.00
02/04 106,436.40
02/05 109,361.23
02/07 108,311.86
02/10 106,357.85
02/11 108,234.21
02/12 107,837.66
02/13 105,073.28
02/14 104,650.68
02/18 104,130.68
02/19 104,117.02
02/20 110,963.74
02/21 110,440.88
02/24 109,860.88
02/25 111,909.31
02/26 110,638.49
02/27 110,185.02
02/28 107,937.63
Average daily ledger balance $107,972.69
Sheet Seq = 0039999
Sheet 00002 of 00002

Page 30 ends

CITY OF BELL OPEB TRUST ACCOUNT
CAPACITY : CUSTODIAN
ACCOUNT NUMBER:

REPORTING PERIOD: 1/31/25 TO 2/28/25
PAGE : 1

YOUR TRUST ADMINISTRATOR IS:

RBS ADVISOR TEAM
877-319-2782

Charles Schwab Trust Bank, 2360 Corporate Circle, Henderson, NV 89074 Investment Products: Not FDIC Insured. No Bank guarantee. May lose value. JE897NP10000833-0010535 PDFE 001 ------ 754855

Page 31 ends

CITY OF BELL OPEB TRUST ACCOUNT
ACCOUNT NUMBER:

REPORTING PERIOD: 1/31/25 TO 2/28/25
PAGE : 2

FDIC Insurance: Bank Sweep for Benefit Plans (BSBP), Schwab Bank Savings (SBS), and Schwab Bank Sweep for Employee Benefit Plans (SBSEBP) deposits, as applicable, held by Charles Schwab Trust Bank or another affiliated bank are insured by the Federal Deposit Insurance Corporation (FDIC). The maximum applicable insurance limit per depositor is $250,000 for all insurable capacities at each bank. The maximum applicable insurance limit for a retirement or other employee benefit plan will vary depending on the type of plan or arrangement. Please refer to the Charles Schwab Cash Features Disclosure Statement, Charles Schwab Trust Bank MMDA Terms and Conditions, or Charles Schwab Trust Bank's Disclosure Statement for Bank Sweep Program for Trust and Custody Accounts, as applicable.

FDIC insurance rules are complex. Neither Charles Schwab Trust Bank nor any other affiliated bank is responsible for monitoring any insured or uninsured portion of any deposit in BSBP,SBS, or SBSEBP. You should consult with your tax or legal advisor to determine applicable recordkeeping requirements and your available deposit insurance coverage or visit the FDIC website at www.fdic.gov.

Please note that cash positions at Charles Schwab & Co., Inc. in your plan's related Personal Choice Retirement Accounts (PCRAs) or Schwab Retirement Advisor Portfolio (SRAP) accounts which have been swept into BSBP are included on this statement. Cash balances in these accounts are deposited through BSBP in one or more of our affiliated banks. In very limited cases during extreme market conditions, some or all of the cash position in your plan's PCRAs or your plan's SRAP accounts may be temporarily swept into a money market mutual fund, which is not FDIC insured, but may be covered by SIPC insurance. Again, please review the applicable brokerage account agreements and Charles Schwab current Cash Features Disclosure Statement for more information. The total cash on this statement swept to BSBP has been allocated to the affiliated banks in the amounts listed below:

Total BSBP Deposits in Affiliated Banks As of (end of reporting period)

CHARLES SCHWAB BANK $2,382.42

(1221-1LMN)

Charles Schwab Trust Bank, 2360 Corporate Circle, Henderson, NV 89074 Investment Products: Not FDIC Insured. No Bank guarantee. May lose value. JE897NP10000833-0010536

Page 32 ends

CITY OF BELL OPEB TRUST ACCOUNT
ACCOUNT NUMBER:

REPORTING PERIOD: 1/31/25 TO 2/28/25
PAGE : 3

STATEMENT OF ACCOUNT
--------------------

S C H E D U L E S
-------------------

ACCOUNT SUMMARY 4

TRANSACTION DETAIL 5

ASSET SUMMARY 8

ASSET DETAIL 9

Charles Schwab Trust Bank, 2360 Corporate Circle, Henderson, NV 89074 Investment Products: Not FDIC Insured. No Bank guarantee. May lose value. JE897NP10000833-0010537

Page 33 ends

CITY OF BELL OPEB TRUST ACCOUNT
ACCOUNT NUMBER:

REPORTING PERIOD: 01/31/25 TO 02/28/25
PAGE : 4

ACCOUNT SUMMARY
---------------

RECEIPTS
========

EARNINGS FROM INVESTMENTS:

INTEREST 0.12 DIVIDENDS AND CAPITAL GAINS 967.51

TOTAL EARNINGS FROM INVESTMENTS 967.63

OTHER CASH RECEIPTS:

TRF FROM SCHWAB BROKERAGE ACCT 47.04 TOTAL OTHER CASH RECEIPTS 47.04

NET REALIZED GAINS & LOSSES:

TOTAL RECEIPTS 1,014.67

DISBURSEMENTS
=============
ADMINISTRATIVE EXPENSES:

FEES AND COMMISSIONS 106.91-

OTHER ADMINISTRATIVE EXPENSES
ADMINISTRATIVE EXPENSES 23.46- TOTAL ADMINISTRATIVE EXPENSES 130.37-

OTHER DISBURSEMENTS:

TRANSFER OF CASH 47.04- TOTAL OTHER DISBURSEMENTS 47.04-

TOTAL DISBURSEMENTS 177.41-

NET CHANGE 837.26

CHANGE IN NET ASSETS
UNREALIZED APPRECIATION 3,419.62

NET ASSETS AT BEGINNING OF PERIOD 316,818.58 NET CHANGE IN ASSETS FOR THE PERIOD 4,256.88 NET ASSETS AT END OF PERIOD 321,075.46 Charles Schwab Trust Bank, 2360 Corporate Circle, Henderson, NV 89074 Investment Products: Not FDIC Insured. No Bank guarantee. May lose value. JE897NP10000833-0010538

Page 34 ends

CITY OF BELL OPEB TRUST ACCOUNT
ACCOUNT NUMBER:

REPORTING PERIOD: 01/31/25 TO 02/28/25
PAGE : 5

TRANSACTION DETAIL
------------------

DATE DESCRIPTION UNITS CASH INVESTMENTS GAIN/LOSS ---- ----------- ----- ---- ----------- ---------

01/31/25 BALANCES CARRIED FORWARD $1,975.80 $311,402.90

INTEREST
--------

02/18/25 CASH RECEIPT 0.12 0.00 82619761, (BKINT) BANK INTEREST
---------------- ----------------- ----------------- ----------------- TOTAL 0.12 0.00

---------------- ----------------- ----------------- ----------------- TOTAL INTEREST 0.12 0.00

DIVIDENDS AND CAPITAL GAINS
---------------------------

FIDELITY TOTAL BOND ETF
TICKER: FBND

02/03/25 CASH RECEIPT 390.58 0.00 82619761, (DIV) DIVIDEND

---------------- ----------------- ----------------- ----------------- TOTAL FIDELITY TOTAL BOND ETF 390.58 0.00

ISHARES TOTAL USD BOND MARKET ETF
TICKER: IUSB

02/06/25 CASH RECEIPT 84.94 0.00 82619761, (DIV) DIVIDEND
---------------- ----------------- ----------------- ----------------- TOTAL ISHARES TOTAL USD BOND MARKET ETF 84.94 0.00

JANUS HENDERSON AAA CLO ETF IV
TICKER: JAAA

02/07/25 CASH RECEIPT 61.35 0.00 82619761, (DIV) DIVIDEND
---------------- ----------------- ----------------- ----------------- TOTAL JANUS HENDERSON AAA CLO ETF IV 61.35 0.00

PIMCO INCM FD INST CL
TICKER: PIMIX

02/28/25 CASH RECEIPT 430.64 0.00 82619761, (DIV) DIVIDEND
Charles Schwab Trust Bank, 2360 Corporate Circle, Henderson, NV 89074 Investment Products: Not FDIC Insured. No Bank guarantee. May lose value. JE897NP10000833-0010539

Page 35 ends

CITY OF BELL OPEB TRUST ACCOUNT
ACCOUNT NUMBER:

REPORTING PERIOD: 01/31/25 TO 02/28/25
PAGE : 6

TRANSACTION DETAIL
------------------

DATE DESCRIPTION UNITS CASH INVESTMENTS GAIN/LOSS ---- ----------- ----- ---- ----------- ---------

---------------- ----------------- ----------------- ----------------- TOTAL PIMCO INCM FD INST CL 430.64 0.00

---------------- ----------------- ----------------- ----------------- TOTAL DIVIDENDS AND CAPITAL GAINS 967.51 0.00

OTHER CASH RECEIPTS
-------------------

TRF FROM SCHWAB BROKERAGE ACCT

02/18/25 CASH RECEIPT 7.90 0.00

02/18/25 CASH RECEIPT 15.68 0.00

02/18/25 CASH RECEIPT 23.46 0.00 ---------------- ----------------- ----------------- ----------------- TOTAL TRF FROM SCHWAB BROKERAGE ACCT 47.04 0.00

---------------- ----------------- ----------------- ----------------- TOTAL OTHER CASH RECEIPTS 47.04 0.00

FEES AND COMMISSIONS
-----------------------

02/18/25 CASH DISBURSEMENT 15.68- 0.00

PAID TO ALTA TRUST COMPANY

TTEE/CUSTODIAN FEE/EXPENSE

02/18/25 COLLECTED 7.90- 0.00 FEE DIRECT DEBIT 02/18/2025 7.90

02/27/25 CASH DISBURSEMENT 83.33- 0.00

TTEE/CUSTODIAN FEE/EXPENSE
82619761, (TPFEE) TRUSTEE FEE
---------------- ----------------- ----------------- ----------------- TOTAL FEES AND COMMISSIONS 106.91- 0.00

OTHER ADMINISTRATIVE EXPENSES
-----------------------------

ADMINISTRATIVE EXPENSES

02/18/25 CASH DISBURSEMENT 23.46- 0.00

PAID TO SFG RETIREMENT PLAN CONSULTING

ADMINISTRATIVE EXPENSES
Charles Schwab Trust Bank, 2360 Corporate Circle, Henderson, NV 89074 Investment Products: Not FDIC Insured. No Bank guarantee. May lose value. JE897NP10000833-0010540

Page 36 ends

CITY OF BELL OPEB TRUST ACCOUNT
ACCOUNT NUMBER:

REPORTING PERIOD: 01/31/25 TO 02/28/25
PAGE : 7

TRANSACTION DETAIL
------------------

DATE DESCRIPTION UNITS CASH INVESTMENTS GAIN/LOSS ---- ----------- ----- ---- ----------- ---------

---------------- ----------------- ----------------- ----------------- TOTAL ADMINISTRATIVE EXPENSES 23.46- 0.00

---------------- ----------------- ----------------- ----------------- TOTAL OTHER ADMINISTRATIVE EXPENSES 23.46- 0.00

OTHER DISBURSEMENTS
-------------------

TRANSFER OF CASH

02/18/25 CASH DISBURSEMENT 23.46- 0.00

TRANSFER OF CASH
82619761, TRANSFER OF CASH

02/18/25 CASH DISBURSEMENT 15.68- 0.00

TRANSFER OF CASH
82619761, TRANSFER OF CASH

02/18/25 CASH DISBURSEMENT 7.90- 0.00

TRANSFER OF CASH
82619761, TRANSFER OF CASH

---------------- ----------------- ----------------- ----------------- TOTAL TRANSFER OF CASH 47.04- 0.00

---------------- ----------------- ----------------- ----------------- TOTAL OTHER DISBURSEMENTS 47.04- 0.00

02/28/25 BALANCES CARRIED FORWARD $2,813.06 $311,402.90 Charles Schwab Trust Bank, 2360 Corporate Circle, Henderson, NV 89074 Investment Products: Not FDIC Insured. No Bank guarantee. May lose value. JE897NP10000833-0010541

Page 37 ends

CITY OF BELL OPEB TRUST ACCOUNT
ACCOUNT NUMBER:

REPORTING PERIOD: 1/31/25 TO 2/28/25
PAGE : 8

ASSET SUMMARY
-------------

BEGINNING ENDING ADJUSTED UNREALIZED

DESCRIPTION MARKET MARKET COST GAIN / LOSS ----------- ------ ------ ---- -----------

MUTUAL FUNDS 82,911.12 84,007.21 83,145.38 861.83

UNIT INVESTMENT TRUSTS 231,931.66 234,255.19 228,257.52 5,997.67

CASH 1,975.80 2,813.06

----------------- ----------------- ----------------- ----------------- TOTAL INVESTMENTS 316,818.58 321,075.46 311,402.90 6,859.50 ================= ================= ================= ================= Charles Schwab Trust Bank, 2360 Corporate Circle, Henderson, NV 89074 Investment Products: Not FDIC Insured. No Bank guarantee. May lose value. JE897NP10000833-0010542

Page 38 ends

CITY OF BELL OPEB TRUST ACCOUNT
ACCOUNT NUMBER:

REPORTING PERIOD: 1/31/25 TO 2/28/25
PAGE : 9

ASSET DETAIL
------------

SHARES/ BEGINNING ENDING ADJUSTED UNREALIZED

UNITS DESCRIPTION MARKET MARKET COST GAIN / LOSS ------- ----------- ------ ------ ---- -----------

MUTUAL FUNDS
---------------------------------
7,829.190 PIMCO INCM FD INST CL 82,911.12 84,007.21 83,145.38 861.83 TICKER: PIMIX
MONTH END PRICE 10.7300
----------------- ----------------- ----------------- ----------------- 82,911.12 84,007.21 83,145.38 861.83

UNIT INVESTMENT TRUSTS
---------------------------------

87.000 BLACKROCK US EQY FCTR ROTN ETF 4,569.24 4,535.31 4,322.15 213.16 TICKER: DYNF
MONTH END PRICE 52.1300
2,657.000 FIDELITY TOTAL BOND ETF 119,671.28 121,929.73 120,157.83 1,771.90 TICKER: FBND
MONTH END PRICE 45.8900

31.000 ISHARES CORE S&P 500 ETF 18,744.46 18,508.24 16,113.08 2,395.16 TICKER: IVV
MONTH END PRICE 597.0400
144.000 ISHARES MSCI EAFE VALUE ETF 7,899.84 8,251.20 7,754.52 496.68 TICKER: EFV
MONTH END PRICE 57.3000
104.000 ISHARES MSCI EMERGING MKT ETF 5,867.68 5,676.32 5,962.00 285.68- TICKER: EMXC
MONTH END PRICE 54.5800

36.000 ISHARES S&P 500 GROWTH ETF 3,750.84 3,642.12 3,476.42 165.70 TICKER: IVW
MONTH END PRICE 101.1700

24.000 ISHARES S&P 500 VALUE ETF 4,708.08 4,732.80 4,484.35 248.45 TICKER: IVE

MONTH END PRICE 197.2000
551.000 ISHARES TOTAL USD BOND MARKET ETF 25,042.95 25,483.75 25,307.37 176.38 TICKER: IUSB
MONTH END PRICE 46.2500

76.000 ISHARES US INFRASTRUCTURE ETF 3,603.92 3,540.08 3,594.15 54.07- TICKER: IFRA
MONTH END PRICE 46.5800

41.000 ISHARS EDG MSCI USA QLTY FCTR ETF 7,517.76 7,444.37 7,136.05 308.32 TICKER: QUAL
MONTH END PRICE 181.5700
298.000 JANUS HENDERSON AAA CLO ETF IV 15,209.92 15,171.18 15,166.80 4.38 TICKER: JAAA
MONTH END PRICE 50.9100

74.000 JP MORGAN EXCHG BETABUILDERS JP ETF 4,132.16 4,142.52 4,223.18 80.66- TICKER: BBJP
MONTH END PRICE 55.9800

6.000 VANGUARD INFORMATION TECHNOLOGY ETF 3,699.66 3,590.88 3,151.68 439.20 TICKER: VGT
MONTH END PRICE 598.4800

91.000 VANGUARD INTL DIVIDEND APRECTN ETF 7,513.87 7,606.69 7,407.94 198.75 TICKER: VIGI
MONTH END PRICE 83.5900
----------------- ----------------- ----------------- ----------------- 231,931.66 234,255.19 228,257.52 5,997.67 ----------------- ----------------- ----------------- -----------------

TOTAL 314,842.78 318,262.40 311,402.90 6,859.50 CASH 1,975.80 2,813.06 ----------------- -----------------
NET ASSETS 316,818.58 321,075.46 ================= =================
Charles Schwab Trust Bank, 2360 Corporate Circle, Henderson, NV 89074 Investment Products: Not FDIC Insured. No Bank guarantee. May lose value. JE897NP10000833-0010543

Page 39 ends

CITY OF BELL PEN STABILIZATION TRUST
CAPACITY : CUSTODIAN
ACCOUNT NUMBER:

REPORTING PERIOD: 1/31/25 TO 2/28/25
PAGE : 1

YOUR TRUST ADMINISTRATOR IS:

RBS ADVISOR TEAM
877-319-2782

Charles Schwab Trust Bank, 2360 Corporate Circle, Henderson, NV 89074 Investment Products: Not FDIC Insured. No Bank guarantee. May lose value. JE897NP10000834-0010544 PDFE 001 ------ 754855

Page 40 ends

CITY OF BELL PEN STABILIZATION TRUST
ACCOUNT NUMBER:

REPORTING PERIOD: 1/31/25 TO 2/28/25
PAGE : 2

Total BSBP Deposits in Affiliated Banks As of (end of reporting period)

CHARLES SCHWAB BANK $10,185.08

(1221-1LMN)

Charles Schwab Trust Bank, 2360 Corporate Circle, Henderson, NV 89074 Investment Products: Not FDIC Insured. No Bank guarantee. May lose value. JE897NP10000834-0010545

Page 41 ends

CITY OF BELL PEN STABILIZATION TRUST
ACCOUNT NUMBER:

REPORTING PERIOD: 1/31/25 TO 2/28/25
PAGE : 3

STATEMENT OF ACCOUNT
--------------------

S C H E D U L E S
-------------------

ACCOUNT SUMMARY 4

TRANSACTION DETAIL 5

ASSET SUMMARY 8

ASSET DETAIL 9

Charles Schwab Trust Bank, 2360 Corporate Circle, Henderson, NV 89074 Investment Products: Not FDIC Insured. No Bank guarantee. May lose value. JE897NP10000834-0010546

Page 42 ends

CITY OF BELL PEN STABILIZATION TRUST
ACCOUNT NUMBER:

REPORTING PERIOD: 01/31/25 TO 02/28/25
PAGE : 4

ACCOUNT SUMMARY
---------------

RECEIPTS
========

EARNINGS FROM INVESTMENTS:

INTEREST 0.51 DIVIDENDS AND CAPITAL GAINS 3,899.68

TOTAL EARNINGS FROM INVESTMENTS 3,900.19

OTHER CASH RECEIPTS:

TRF FROM SCHWAB BROKERAGE ACCT 188.62 TOTAL OTHER CASH RECEIPTS 188.62

NET REALIZED GAINS & LOSSES:

TOTAL RECEIPTS 4,088.81

DISBURSEMENTS
=============
ADMINISTRATIVE EXPENSES:

FEES AND COMMISSIONS 177.87-

OTHER ADMINISTRATIVE EXPENSES
ADMINISTRATIVE EXPENSES 94.08- TOTAL ADMINISTRATIVE EXPENSES 271.95-

OTHER DISBURSEMENTS:

TRANSFER OF CASH 188.62- TOTAL OTHER DISBURSEMENTS 188.62-

TOTAL DISBURSEMENTS 460.57-

NET CHANGE 3,628.24

CHANGE IN NET ASSETS
UNREALIZED APPRECIATION 13,792.41

NET ASSETS AT BEGINNING OF PERIOD 1,270,852.04 NET CHANGE IN ASSETS FOR THE PERIOD 17,420.65 NET ASSETS AT END OF PERIOD 1,288,272.69 Charles Schwab Trust Bank, 2360 Corporate Circle, Henderson, NV 89074 Investment Products: Not FDIC Insured. No Bank guarantee. May lose value. JE897NP10000834-0010547

Page 43 ends

CITY OF BELL PEN STABILIZATION TRUST
ACCOUNT NUMBER:

REPORTING PERIOD: 01/31/25 TO 02/28/25
PAGE : 5

TRANSACTION DETAIL
------------------

DATE DESCRIPTION UNITS CASH INVESTMENTS GAIN/LOSS ---- ----------- ----- ---- ----------- ---------

01/31/25 BALANCES CARRIED FORWARD $8,310.44 $1,247,960.58

INTEREST
--------

02/18/25 CASH RECEIPT 0.51 0.00 57933841, (BKINT) BANK INTEREST
---------------- ----------------- ----------------- ----------------- TOTAL 0.51 0.00

---------------- ----------------- ----------------- ----------------- TOTAL INTEREST 0.51 0.00

DIVIDENDS AND CAPITAL GAINS
---------------------------

FIDELITY TOTAL BOND ETF
TICKER: FBND

02/03/25 CASH RECEIPT 1,559.52 0.00 57933841, (DIV) DIVIDEND

---------------- ----------------- ----------------- ----------------- TOTAL FIDELITY TOTAL BOND ETF 1,559.52 0.00

ISHARES TOTAL USD BOND MARKET ETF
TICKER: IUSB

02/06/25 CASH RECEIPT 340.53 0.00 57933841, (DIV) DIVIDEND
---------------- ----------------- ----------------- ----------------- TOTAL ISHARES TOTAL USD BOND MARKET ETF 340.53 0.00

JANUS HENDERSON AAA CLO ETF IV
TICKER: JAAA

02/07/25 CASH RECEIPT 246.03 0.00 57933841, (DIV) DIVIDEND
---------------- ----------------- ----------------- ----------------- TOTAL JANUS HENDERSON AAA CLO ETF IV 246.03 0.00

PIMCO INCM FD INST CL
TICKER: PIMIX

02/28/25 CASH RECEIPT 1,753.60 0.00 57933841, (DIV) DIVIDEND
Charles Schwab Trust Bank, 2360 Corporate Circle, Henderson, NV 89074 Investment Products: Not FDIC Insured. No Bank guarantee. May lose value. JE897NP10000834-0010548

Page 44 ends

CITY OF BELL PEN STABILIZATION TRUST
ACCOUNT NUMBER:

REPORTING PERIOD: 01/31/25 TO 02/28/25
PAGE : 6

TRANSACTION DETAIL
------------------

DATE DESCRIPTION UNITS CASH INVESTMENTS GAIN/LOSS ---- ----------- ----- ---- ----------- ---------

---------------- ----------------- ----------------- ----------------- TOTAL PIMCO INCM FD INST CL 1,753.60 0.00

---------------- ----------------- ----------------- ----------------- TOTAL DIVIDENDS AND CAPITAL GAINS 3,899.68 0.00

OTHER CASH RECEIPTS
-------------------

TRF FROM SCHWAB BROKERAGE ACCT

02/18/25 CASH RECEIPT 31.66 0.00

02/18/25 CASH RECEIPT 62.88 0.00

02/18/25 CASH RECEIPT 94.08 0.00 ---------------- ----------------- ----------------- ----------------- TOTAL TRF FROM SCHWAB BROKERAGE ACCT 188.62 0.00

---------------- ----------------- ----------------- ----------------- TOTAL OTHER CASH RECEIPTS 188.62 0.00

FEES AND COMMISSIONS
-----------------------

02/18/25 CASH DISBURSEMENT 62.88- 0.00

PAID TO ALTA TRUST COMPANY

TTEE/CUSTODIAN FEE/EXPENSE

02/18/25 COLLECTED 31.66- 0.00 FEE DIRECT DEBIT 02/18/2025 31.66

02/27/25 CASH DISBURSEMENT 83.33- 0.00

TTEE/CUSTODIAN FEE/EXPENSE
57933841, (TPFEE) TRUSTEE FEE
---------------- ----------------- ----------------- ----------------- TOTAL FEES AND COMMISSIONS 177.87- 0.00

OTHER ADMINISTRATIVE EXPENSES
-----------------------------

ADMINISTRATIVE EXPENSES

02/18/25 CASH DISBURSEMENT 94.08- 0.00

PAID TO SFG RETIREMENT PLAN CONSULTING

ADMINISTRATIVE EXPENSES
Charles Schwab Trust Bank, 2360 Corporate Circle, Henderson, NV 89074 Investment Products: Not FDIC Insured. No Bank guarantee. May lose value. JE897NP10000834-0010549

Page 45 ends

CITY OF BELL PEN STABILIZATION TRUST
ACCOUNT NUMBER:

REPORTING PERIOD: 01/31/25 TO 02/28/25
PAGE : 7

TRANSACTION DETAIL
------------------

DATE DESCRIPTION UNITS CASH INVESTMENTS GAIN/LOSS ---- ----------- ----- ---- ----------- ---------

---------------- ----------------- ----------------- ----------------- TOTAL ADMINISTRATIVE EXPENSES 94.08- 0.00

---------------- ----------------- ----------------- ----------------- TOTAL OTHER ADMINISTRATIVE EXPENSES 94.08- 0.00

OTHER DISBURSEMENTS
-------------------

TRANSFER OF CASH

02/18/25 CASH DISBURSEMENT 31.66- 0.00

TRANSFER OF CASH
57933841, TRANSFER OF CASH

02/18/25 CASH DISBURSEMENT 62.88- 0.00

TRANSFER OF CASH
57933841, TRANSFER OF CASH

02/18/25 CASH DISBURSEMENT 94.08- 0.00

TRANSFER OF CASH
57933841, TRANSFER OF CASH

---------------- ----------------- ----------------- ----------------- TOTAL TRANSFER OF CASH 188.62- 0.00

---------------- ----------------- ----------------- ----------------- TOTAL OTHER DISBURSEMENTS 188.62- 0.00

02/28/25 BALANCES CARRIED FORWARD $11,938.68 $1,247,960.58 Charles Schwab Trust Bank, 2360 Corporate Circle, Henderson, NV 89074 Investment Products: Not FDIC Insured. No Bank guarantee. May lose value. JE897NP10000834-0010550

Page 46 ends

CITY OF BELL PEN STABILIZATION TRUST
ACCOUNT NUMBER:

REPORTING PERIOD: 1/31/25 TO 2/28/25
PAGE : 8

ASSET SUMMARY
-------------

BEGINNING ENDING ADJUSTED UNREALIZED

DESCRIPTION MARKET MARKET COST GAIN / LOSS ----------- ------ ------ ---- -----------

MUTUAL FUNDS 337,636.86 342,100.43 337,635.16 4,465.27

UNIT INVESTMENT TRUSTS 924,904.74 934,233.58 910,325.42 23,908.16

CASH 8,310.44 11,938.68

----------------- ----------------- ----------------- ----------------- TOTAL INVESTMENTS 1,270,852.04 1,288,272.69 1,247,960.58 28,373.43 ================= ================= ================= ================= Charles Schwab Trust Bank, 2360 Corporate Circle, Henderson, NV 89074 Investment Products: Not FDIC Insured. No Bank guarantee. May lose value. JE897NP10000834-0010551

Page 47 ends

CITY OF BELL PEN STABILIZATION TRUST
ACCOUNT NUMBER:

REPORTING PERIOD: 1/31/25 TO 2/28/25
PAGE : 9

ASSET DETAIL
------------

SHARES/ BEGINNING ENDING ADJUSTED UNREALIZED

UNITS DESCRIPTION MARKET MARKET COST GAIN / LOSS ------- ----------- ------ ------ ---- -----------

MUTUAL FUNDS
---------------------------------
31,882.612 PIMCO INCM FD INST CL 337,636.86 342,100.43 337,635.16 4,465.27 TICKER: PIMIX
MONTH END PRICE 10.7300
----------------- ----------------- ----------------- ----------------- 337,636.86 342,100.43 337,635.16 4,465.27

UNIT INVESTMENT TRUSTS
---------------------------------
349.000 BLACKROCK US EQY FCTR ROTN ETF 18,329.48 18,193.37 17,337.69 855.68 TICKER: DYNF
MONTH END PRICE 52.1300
10,609.000 FIDELITY TOTAL BOND ETF 477,829.36 486,847.01 479,637.94 7,209.07 TICKER: FBND
MONTH END PRICE 45.8900
122.000 ISHARES CORE S&P 500 ETF 73,768.52 72,838.88 63,596.33 9,242.55 TICKER: IVV
MONTH END PRICE 597.0400
580.000 ISHARES MSCI EAFE VALUE ETF 31,818.80 33,234.00 31,237.15 1,996.85 TICKER: EFV
MONTH END PRICE 57.3000
402.000 ISHARES MSCI EMERGING MKT ETF 22,680.84 21,941.16 22,973.48 1,032.32- TICKER: EMXC
MONTH END PRICE 54.5800
144.000 ISHARES S&P 500 GROWTH ETF 15,003.36 14,568.48 13,882.66 685.82 TICKER: IVW
MONTH END PRICE 101.1700

94.000 ISHARES S&P 500 VALUE ETF 18,439.98 18,536.80 17,588.38 948.42 TICKER: IVE

MONTH END PRICE 197.2000
2,209.000 ISHARES TOTAL USD BOND MARKET ETF 100,399.05 102,166.25 101,459.15 707.10 TICKER: IUSB
MONTH END PRICE 46.2500
306.000 ISHARES US INFRASTRUCTURE ETF 14,510.52 14,253.48 14,473.59 220.11- TICKER: IFRA
MONTH END PRICE 46.5800
163.000 ISHARS EDG MSCI USA QLTY FCTR ETF 29,887.68 29,595.91 28,365.31 1,230.60 TICKER: QUAL
MONTH END PRICE 181.5700
1,195.000 JANUS HENDERSON AAA CLO ETF IV 60,992.80 60,837.45 60,820.72 16.73 TICKER: JAAA
MONTH END PRICE 50.9100
295.000 JP MORGAN EXCHG BETABUILDERS JP ETF 16,472.80 16,514.10 16,758.38 244.28- TICKER: BBJP
MONTH END PRICE 55.9800

24.000 VANGUARD INFORMATION TECHNOLOGY ETF 14,798.64 14,363.52 12,641.03 1,722.49 TICKER: VGT
MONTH END PRICE 598.4800
363.000 VANGUARD INTL DIVIDEND APRECTN ETF 29,972.91 30,343.17 29,553.61 789.56 TICKER: VIGI
MONTH END PRICE 83.5900
----------------- ----------------- ----------------- ----------------- 924,904.74 934,233.58 910,325.42 23,908.16 ----------------- ----------------- ----------------- -----------------

TOTAL 1,262,541.60 1,276,334.01 1,247,960.58 28,373.43 CASH 8,310.44 11,938.68 ----------------- -----------------
NET ASSETS 1,270,852.04 1,288,272.69 ================= =================
Charles Schwab Trust Bank, 2360 Corporate Circle, Henderson, NV 89074 Investment Products: Not FDIC Insured. No Bank guarantee. May lose value. JE897NP10000834-0010552

Page 48 ends

Local Agency Investment Fund
P.O. Box 942809
Sacramento, CA 94209-0001
(916) 653-3001
March 17, 2025
LAIF Home
PMIA Average Monthly
Yields

CITY OF BELL

CITY TREASURER
6330 PINE A VENUE
BELL, CA 90201
Account Number:

February 2025 Statement
Tran Type Definitions
Effective
Date
Transaction
Date
Tran
Type Confirm
Number
Web
Confirm
Number Authorized Caller Amount
2/18/2025 2/18/2025 RD 1768761 1729321 SHEETAL TALWAR 2,000,000.00 Account Summary
Total Deposit: 2,000,000.00 Beginning Balance: 18,327,249.68 Total Withdrawal: 0.00 Ending Balance: 20,327,249.68

Page 49 ends

February 4.333
January 4.366
December 4.434
November 4.477
October 4.518
September 4.575
PMIA Average Life(1): 252
LAIF Fair Value Factor(1): 0.999621985
PMIA Daily(1): 4.40
PMIA Quarter to Date(1): 4.48
LAIF Apportionment Rate(2): 4.62
LAIF Earnings Ratio(2): 0.00012664187216722
LAIF Administrative Cost(1)*: 0.28
Treasuries

53.01%
Agencies

27.36%
Certificates of
Deposit/Bank Notes

9.22%
Time
Deposits

3.24%
Commercial
Paper

6.46%
Corporate
Bonds

0.57%
Loans

0.14%
Notes: The apportionment rate includes interest earned on the CalPERS Supplemental Pension Payment pursuant to Government Code 20825 (c)(1) and interest earned on the Wildfire Fund loan pursuant to Public Utility Code 3288 (a). *The percentage of administrative cost equals the total administrative cost divided by the quarterly interest earnings. The law provides that administrative costs are not to exceed 5% of quarterly EARNINGS of the fund. However, if the 13-week Daily Treasury Bill Rate on the last day of the fiscal year is below 1%, then administrative costs shall not exceed 8% of quarterly EARNINGS of the fund for the subsequent fiscal year.

Source:
(1) State of California, Office of the Treasurer
(2) State of California, Office of the Controller
PMIA Average Monthly
Effective Yields(1)
PMIA/LAIF Performance Report
as of 03/19/25
Daily rates are now available here. View PMIA Daily Rates Quarterly Performance
Quarter Ended 12/31/24
Chart does not include $1,188,000.00 in mortgages, which equates to 0.001%. Percentages may not total 100% due to rounding.

Pooled Money Investment Account
Monthly Portfolio Composition (1)
2/28/25
$156.8 billion

Page 50 ends

Choice IV-Public Funds {NIB}
Account number: February 1, 2025 - February 28, 2025 Page 1 of 1 Prior account number: 145998008
©2010 Wells Fargo Bank, N.A.

CITY OF BELL

SUCCESSOR AGENCY

ATTN CITY TREASURER
6330 PINE AVE
BELL CA 90201-1221
Account summary
Choice IV-Public Funds {NIB}
Account number Beginning balance Total credits Total debits Ending balance $1,878,862.41 $3,000.00 -$1,032.33 $1,880,830.08
Credits
Electronic deposits/bank credits
Effective
date
Posted
date Amount

Transaction detail
02/19 3,000.00 Cash Vault Deposit
$3,000.00 Total electronic deposits/bank credits
$3,000.00 Total credits
Debits
Checks paid
Number Amount Date Number Amount Date Number Amount Date 6162 1,003.35 02/18
6163 3.61 02/18
6164 6.00 02/19 6165 19.37 02/18
$1,032.33 Total checks paid

$1,032.33 Total debits
Daily ledger balance summary
Date Balance Date Balance Date Balance
01/31 1,878,862.41 02/18 1,877,836.08 02/19 1,880,830.08 Average daily ledger balance $1,879,528.49
Sheet Seq = 0017886
Sheet 00001 of 00001

Page 51 ends

Local Agency Investment Fund
P.O. Box 942809
Sacramento, CA 94209-0001
(916) 653-3001
March 18, 2025
LAIF Home
PMIA Average Monthly
Yields

S/A CITY OF BELL FOR CITY OF BELL

COMMUNITY REDEVELOPMENT AGENCY

FINANCE DIRECTOR
6330 PINE A VENUE
BELL, CA 90201
Account Number:

February 2025 Statement
Tran Type Definitions
Account Summary
Total Deposit: 0.00 Beginning Balance: 706,010.82
Total Withdrawal: 0.00 Ending Balance: 706,010.82

Page 52 ends

MONTHLY ACCOUNT STATEMENT
City of Bell | Account | As of February 28, 2025
CHANDLER ASSET MANAGEMENT | chandlerasset.com
Information contained herein is confidential. We urge you to compare this statement to the one you receive from your qualified custodian. Please see Important Disclosures at the end of the statement.

Chandler Team:

For questions about your account, please call (800) 317-4747, or contact [email protected]
Custodian:

US Bank

Page 53 ends

PORTFOLIO SUMMARY
Portfolio Characteristics
Sector Allocation
Performance Review
Account Summary
Maturity Distribution
Top Issuers
Credit Quality (S&P)
Total Rate of Return** 1M 3M YTD 1YR 2YRS 3YRS 5YRS 10YRS Since Inception (07/01/17)
City of Bell 0.75% 1.35% 1.23% 5.55% 5.18% 2.81% 1.78% -- 2.03% Benchmark Return 0.68% 1.36% 1.12% 5.28% 4.78% 2.23% 1.34% -- 1.73% Average Modified Duration 1.81
Average Coupon 3.43%
Average Purchase YTM 4.04%
Average Market YTM 4.23%
Average Credit Quality* AA+
Average Final Maturity 2.16
Average Life 1.97
End Values as of
01/31/2025
End Values as of
02/28/2025
Market Value 11,392,829.09 11,473,026.13
Accrued Interest 82,601.29 87,506.66
Total Market Value 11,475,430.38 11,560,532.79
Income Earned 38,611.10 37,189.25
Cont/WD 0.00 0.00
Par 11,541,036.26 11,566,383.31
Book Value 11,443,165.18 11,474,196.37
Cost Value 11,376,119.50 11,406,980.95
Government of The United States 39.61%
FHLMC 9.65%
Federal Home Loan Banks 5.58%
Farm Credit System 3.97%
International Bank for Recon and Dev 2.22%
FNMA 1.91%
American Express Credit Master Trust 1.91%
Inter-American Development Bank 1.88%
**Periods over 1 year are annualized.

Benchmark: ICE BofA 1-3 Year US Treasury & Agency Index Secondary Benchmark:
*The average credit quality is a weighted average calculation of the highest of S&P , Moody’s and Fitch.

Page 54 ends

STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes

AGENCY MORTGAGE SECURITIES (CMOS)
Max % (MV) 100.0 9.7 Compliant
Max Maturity (Years) 5.0 3.9 Compliant

ASSET BACKED SECURITIES
Max % (MV; Non Agency ABS & MBS) 20.0 8.6 Compliant
Max % Issuer (MV) 5.0 1.9 Compliant
Max Maturity (Years) 5.0 4.5 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant

BANKERS' ACCEPTANCES
Max % (MV) 40.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Days) 180 0.0 Compliant
Min Rating (A-1 by 1 or A- by 1) 0.0 0.0 Compliant

CERTIFICATE OF DEPOSIT PLACEMENT SERVICE (CDARS)
Max % (MV) 30.0 0.0 Compliant
Max Maturity (Years) 5.0 0.0 Compliant

CERTIFICATES OF DEPOSIT
Max % (MV) 30.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Years) 5.0 0.0 Compliant

COMMERCIAL PAPER
Max % (MV) 25.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Days) 270 0.0 Compliant
Min Rating (A-1 by 1, A- by 1) 0.0 0.0 Compliant

CORPORATE MEDIUM TERM NOTES
Max % (MV) 30.0 24.7 Compliant
Max % Issuer (MV) 5.0 1.7 Compliant
Max Maturity (Years) 5 4 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

FEDERAL AGENCIES
Max % (MV) 100.0 11.5 Compliant
Max % Issuer (MV) 25.0 5.6 Compliant
Max Maturity (Years) 5 3 Compliant

Page 55 ends

STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes

LOCAL AGENCY INVESTMENT FUND (LAIF)
Max Concentration (MV) 75.0 0.0 Compliant

MONEY MARKET MUTUAL FUNDS
Max % (MV; Money Market Fund & Mutual Fund) 20.0 0.2 Compliant Max % Issuer (MV) 20.0 0.2 Compliant
Min Rating (AAA by 2) 0.0 0.0 Compliant

MORTGAGE-BACKED SECURITIES (NON-AGENCY)
Max % (MV) 20.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Years) 5.0 0.0 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant

MUNICIPAL SECURITIES (ALL STATES)
Max % (MV) 30.0 0.9 Compliant
Max % Issuer (MV) 5.0 0.9 Compliant
Max Maturity (Years) 5.0 3.6 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

MUTUAL FUNDS
Max % (MV; Money Market Fund & Mutual Fund) 20.0 0.2 Compliant Max % Issuer (MV) 10.0 0.2 Compliant
Max % Issuer (MV) 10.0 0.0 Compliant

NEGOTIABLE CERTIFICATES OF DEPOSIT (NCD)
Max % (MV) 30.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Years) 5 0.0 Compliant
Min Rating (A-1 by 1 or A- by 1 if > FDIC Limit) 0.0 0.0 Compliant

REPURCHASE AGREEMENTS
Max Maturity (Years) 1.0 0.0 Compliant

SUPRANATIONAL OBLIGATIONS
Max % (MV) 30.0 4.8 Compliant
Max % Issuer (MV) 10.0 2.2 Compliant
Max Maturity (Years) 5 3 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant
U.S. TREASURIES
Max % (MV) 100.0 39.6 Compliant

Page 56 ends

STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes
Max Maturity (Years) 5 4 Compliant

Page 57 ends

RECONCILIATION SUMMARY
Accrual Activity Summary
Fair Market Activity Summary
Month to Date Fiscal Year to Date
(07/01/2024)
Beginning Book Value 11,443,165.18 11,203,855.05
Maturities/Calls (285,000.00) (2,700,000.00)
Principal Paydowns (28,442.45) (186,871.73)
Purchases 692,033.77 6,050,614.14
Sales (352,688.35) (2,940,545.34)
Change in Cash, Payables, Receivables (157.73) (2,502.83) Amortization/Accretion 5,285.97 49,647.07
Realized Gain (Loss) (0.02) 0.00
Ending Book Value 11,474,196.37 11,474,196.37
Month to Date Fiscal Year to Date
(07/01/2024)
Beginning Market Value 11,392,829.09 11,044,781.18
Maturities/Calls (285,000.00) (2,700,000.00)
Principal Paydowns (28,442.45) (186,871.73)
Purchases 692,033.77 6,050,614.14
Sales (352,688.35) (2,940,545.34)
Change in Cash, Payables, Receivables (157.73) (2,502.83) Amortization/Accretion 5,285.97 49,647.07
Change in Net Unrealized Gain (Loss) 49,165.84 157,903.63 Realized Gain (Loss) (0.02) 0.00
Ending Market Value 11,473,026.13 11,473,026.13
Maturities / Calls
Month to Date (285,000.00)
Fiscal Year to Date (2,700,000.00)
Principal Paydowns
Month to Date (28,442.45)
Fiscal Year to Date (186,871.73)
Purchases
Month to Date 692,033.77
Fiscal Year to Date 6,050,614.14
Sales
Month to Date (352,688.35)
Fiscal Year to Date (2,940,545.34)
Interest Received
Month to Date 31,583.58
Fiscal Year to Date 250,454.90
Purchased / Sold Interest
Month to Date (4,585.67)
Fiscal Year to Date (18,506.19)

Page 58 ends

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
ABS
05593AAC3 BMWLT 2023-1 A3 5.16
11/25/2025 540.69 02/07/2023

5.43%
540.68
540.69
100.07

4.07%
541.06

0.47 0.00%

0.37 AAA/AAA
NA

0.74 0.06
43815GAC3 HAROT 2021-4 A3 0.88
01/21/2026 2,968.96 11/16/2021

0.42%
2,968.33
2,968.88

99.52 5.20%
2,954.76

0.73 0.03%
(14.12)
AAA/NA
AAA

0.90 0.11
47789QAC4 JDOT 2021-B A3 0.52
03/16/2026 2,302.80 07/13/2021

0.52%
2,302.60
2,302.78

99.83 3.56%
2,298.80

0.53 0.02%
(3.97)
AAA/NA
AAA

1.04 0.06
44935FAD6 HART 2021-C A3 0.74
05/15/2026 521.80 11/09/2021

0.75%
521.68
521.78

99.86 5.05%
521.06

0.17 0.00%
(0.72)
NA/AAA
AAA

1.21 0.03
43815BAC4 HAROT 2022-1 A3 1.88
05/15/2026 12,407.32 02/15/2022

0.28%
12,405.45
12,406.95

99.38 4.70%
12,330.10

10.37 0.11%
(76.85)

AAA/AAA
NA

1.21 0.22
43815PAC3 HAROT 2022-2 A3 3.73
07/20/2026 14,154.23 08/15/2022

3.87%
14,153.39
14,153.98

99.73 4.61%
14,116.54

19.07 0.12%
(37.44)
NA/AAA
AAA

1.39 0.31
47787JAC2 JDOT 2022 A3 0.36 09/15/2026 9,655.98 03/10/2022

2.34%
9,653.85
9,655.45

99.32 5.11%
9,590.64

9.96 0.08%
(64.81)
AAA/NA
AAA

1.54 0.24
362554AC1 GMCAR 2021-4 A3 0.68
09/16/2026 3,451.15 10/13/2021

0.68%
3,451.06
3,451.13

99.37 4.68%
3,429.40

0.98 0.03%
(21.73)

AAA/AAA
NA

1.55 0.16
380146AC4 GMCAR 2022-1 A3 1.26
11/16/2026 4,659.64 01/11/2022

1.24%
4,659.23
4,659.54

99.36 4.62%
4,629.84

2.45 0.04%
(29.70)
NA/AAA
AAA

1.71 0.19
379929AD4 GMALT 2023-3 A3 5.38
11/20/2026 10,000.00 08/08/2023

5.38%
9,998.80
9,999.37
100.36

4.49%
10,036.18

16.44 0.09%

36.81 NA/AAA
AAA

1.73 0.38
47800AAC4 JDOT 2022-B A3 3.74
02/16/2027 22,203.15 07/12/2022

3.77%
22,201.03
22,202.40

99.61 4.77%
22,116.44

36.91 0.19%
(85.95)
AAA/NA
AAA

1.97 0.39
36269FAD8 GMALT 2024-1 A3 5.09
03/22/2027 65,000.00 02/08/2024

5.09%
64,991.88
64,994.61
100.54

4.50%
65,348.20
101.09

0.57%
353.59
NA/AAA
AAA

2.06 0.83
448979AD6 HART 2023-A A3 4.58
04/15/2027 39,680.01 04/04/2023

5.14%
39,676.14
39,677.96
100.05

4.52%
39,699.21

80.77 0.35%

21.24 NA/AAA
AAA

2.13 0.48
36265WAD5 GMCAR 2022-3 A3 3.64
04/16/2027 14,398.87 07/06/2022

3.93%
14,398.77
14,398.83

99.67 4.65%
14,351.63

21.84 0.13%
(47.21)
AAA/NA
AAA

2.13 0.33
43815JAC7 HAROT 2023-1 A3 5.04
04/21/2027 20,287.49 02/16/2023

5.09%
20,283.72
20,285.55
100.30

4.55%
20,347.59

28.40 0.18%

62.04 AAA/NA
AAA

2.14 0.55
38012QAD0 GMALT 2024-3 A3 4.21
10/20/2027 30,000.00 09/24/2024

4.61%
29,996.45
29,996.93

99.66 4.49%
29,898.37

38.59 0.26%
(98.56)
NA/AAA
AAA

2.64 1.38
58770AAC7 MBART 2023-1 A3 4.51
11/15/2027 24,476.29 01/18/2023

4.56%
24,473.35
24,474.68
100.03

4.50%
24,483.90

49.06 0.21%

9.22 NA/AAA
AAA

2.71 0.57

Page 59 ends

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
58769GAD5 MBALT 2024-B A3 4.23
02/15/2028 45,000.00 09/17/2024

4.24%
44,992.43
44,993.39

99.81 4.41%
44,916.42

84.60 0.39%
(76.97)
NA/AAA
AAA

2.96 1.35
362583AD8 GMCAR 2023-2 A3 4.47
02/16/2028 37,874.34 04/04/2023

4.51%
37,873.30
37,873.71

99.95 4.60%
37,853.73

70.54 0.33%
(19.98)

AAA/AAA
NA

2.97 0.65
47787CAC7 JDOT 2023-C A3 5.48
05/15/2028 105,000.00 09/12/2023

5.40%
104,992.79
104,995.03
101.06

4.40%
106,118.23
255.73

0.92%
1,123.19
AAA/NA
AAA

3.21 0.93
438123AC5 HAROT 2023-4 A3 5.67
06/21/2028 35,000.00 11/01/2023

5.74%
34,993.84
34,995.59
101.42

4.48%
35,495.28

55.13 0.31%
499.69
AAA/NA
AAA

3.31 1.11
89239FAD4 TAOT 2023-D A3 5.54
08/15/2028 45,000.00 11/07/2023

6.30%
44,995.15
44,996.47
101.57

4.37%
45,705.54
110.80

0.40%
709.07
NA/AAA
AAA

3.46 1.26
02582JKD1 AMXCA 2023-3 A 5.23
09/15/2028 115,000.00 09/12/2023

5.29%
114,994.86
114,996.35
101.47

4.28%
116,691.88
267.31

1.02%
1,695.53
NA/AAA
AAA

3.55 1.44
89238DAD0 TAOT 2024-A A3 4.83
10/16/2028 60,000.00 01/23/2024

4.89%
59,987.99
59,990.75
100.61

4.39%
60,363.26
128.80

0.53%
372.51

AAA/AAA
NA

3.63 1.24
448973AD9 HART 2024-A A3 4.99
02/15/2029 45,000.00 03/11/2024

5.05%
44,990.08
44,991.99
100.95

4.41%
45,427.41

99.80 0.40%
435.42
NA/AAA
AAA

3.97 1.50
44934QAD3 HART 2024-B A3 4.84
03/15/2029 30,000.00 07/16/2024

4.90%
29,995.47
29,996.06
100.93

4.36%
30,279.76

64.53 0.26%
283.70
NA/AAA
AAA

4.04 1.74
02582JKH2 AMXCA 2024-1 A 5.23
04/16/2029 100,000.00 04/16/2024

5.30%
99,979.50
99,983.02
101.97

4.29%
101,972.41
232.44

0.89%
1,989.39
NA/AAA
AAA

4.13 1.96
448976AD2 HART 2024-C A3 4.41
05/15/2029 50,000.00 10/08/2024

4.46%
49,996.34
49,996.64
100.20

4.35%
50,097.67

98.00 0.44%
101.03
NA/AAA
AAA

4.21 1.95
38014AAD3 GMCAR 2024-4 A3 4.4
08/16/2029 35,000.00 10/08/2024

4.32%
34,993.26
34,993.78
100.25

4.29%
35,085.92

64.17 0.31%

92.14 AAA/AAA
NA

4.46 1.63
Total ABS 979,582.72 4.87%
979,461.41
979,494.30
100.73

4.42%
986,701.23
1,949.67

8.60%
7,206.94

3.20 1.18
AGENCY
3135G06G3 FEDERAL NATIONAL MORTGAGE
ASSOCIATION 0.5 11/07/2025 225,000.00 11/18/2020

0.52%
224,768.25
224,967.93

97.53 4.24%
219,439.46
356.25

1.91%
(5,528.47)
AAA/AA
AA

0.69 0.66
3130B3A29
FEDERAL HOME LOAN BANKS 4.0
10/09/2026 200,000.00 10/21/2024

4.00%
199,998.00
199,998.36
100.04

3.97%
200,088.85
3,111.11

1.74%

90.49 AAA/AA
AA

1.61 1.51
3130AXU63 FEDERAL HOME LOAN BANKS

4.625 11/17/2026 160,000.00 11/16/2023

4.69%
159,716.80
159,838.25
100.91

4.07%
161,451.10
2,137.78

1.41%
1,612.85
AAA/AA
AA

1.72 1.61
3133ERDS7 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.75 05/06/2027 225,000.00 06/25/2024

4.55%
226,206.00
225,919.52
101.46

4.04%
228,281.53
3,414.06

1.99%
2,362.01
AAA/AA
AA

2.18 2.02

Page 60 ends

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
3133ERFJ5 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.5 05/20/2027 115,000.00 05/23/2024

4.79%
114,070.80
114,310.13
100.97

4.04%
116,115.04
1,451.88

1.01%
1,804.92
AAA/AA
AA

2.22 2.07
3130ATS57 FEDERAL HOME LOAN BANKS 4.5
03/10/2028 275,000.00 03/21/2023

3.99%
281,206.75
278,778.77
101.43

3.99%
278,928.22
5,878.13

2.43%
149.45
AAA/AA
AA

3.03 2.74
3133EPN50 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.25 12/15/2028 110,000.00 12/28/2023

3.89%
111,789.70
111,367.20
100.72

4.04%
110,793.99
986.94

0.97%
(573.21)
AAA/AA
AA

3.80 3.44
Total Agency 1,310,000.00 3.66%
1,317,756.30
1,315,180.15
100.41

4.05%
1,315,098.19
17,336.15

11.46%
(81.96)

2.11 1.94

AGENCY CMBS
3137BNGT5 FHMS K-054 A2 2.745
01/25/2026 165,128.52 02/15/2023

4.65%
156,801.15
162,690.07

98.54 4.38%
162,714.77
377.73

1.42%

24.70 AAA/AA
AAA

0.91 0.79
3137BVZ82 FHMS K-063 A2 3.43 01/25/2027 110,000.00 02/06/2024

4.48%
106,811.72
107,976.03

98.42 4.27%
108,258.56
314.42

0.94%
282.53
AAA/AA
AAA

1.91 1.67
3137FETN0 FHMS K-073 A2 3.35 01/25/2028 160,000.00 05/24/2023

4.27%
153,775.00
156,154.38

97.48 4.26%
155,972.99
446.67

1.36%
(181.39)
AAA/AA
AAA

2.91 2.61
3137FHPJ6 FHMS K-080 A2 3.926
07/25/2028 110,000.00 01/23/2024

4.45%
107,567.97
108,169.21

98.79 4.26%
108,671.68
359.88

0.95%
502.47
AAA/AA
AA

3.41 3.10
3137FJEH8 FHMS K-081 A2 3.9 08/25/2028 105,000.00 09/15/2023

4.86%
100,553.91
101,874.98

98.69 4.27%
103,622.40
341.25

0.90%
1,747.42
AAA/AA
AAA

3.49 3.16
3137FJXV6 FHMS K-083 A2 4.05 09/25/2028 100,000.00 03/13/2024

4.53%
97,941.41
98,381.45

99.14 4.27%
99,137.61
337.50

0.86%
756.16
AAA/AA
AAA

3.57 3.24
3137FJKE8 FHMS K-082 A2 3.92 09/25/2028 54,000.00 09/20/2024

3.81%
54,141.33
54,125.89

98.74 4.27%
53,317.96
176.40

0.46%
(807.93)
AAA/AA
AAA

3.57 3.20
3137H4BY5 FHMS K-746 A2 2.031
09/25/2028 110,000.00 10/03/2023

5.30%
94,625.78
99,018.41

92.52 4.33%
101,773.98
186.18

0.89%
2,755.57
AAA/AA
AAA

3.57 3.32
3137FKZZ2 FHMS K-088 A2 3.69 01/25/2029 110,000.00 01/18/2024

4.43%
106,343.36
107,156.62

97.80 4.29%
107,576.05
338.25

0.94%
419.43
AAA/AA
AA

3.91 3.49
3137H5YC5 FHMS K-748 A2 2.26 01/25/2029 115,000.00 04/11/2024

4.94%
102,174.81
104,552.05

92.73 4.33%
106,638.88
216.58

0.93%
2,086.83
AAA/AA
AAA

3.91 3.57
Total Agency
CMBS 1,139,128.52 4.60%
1,080,736.44
1,100,099.11

97.30 4.30%
1,107,684.89
3,094.86

9.65%
7,585.78

2.97 2.68
CASH
CCYUSD Receivable 435.26 --

0.00%
435.26
435.26

1.00 0.00%
435.26

0.00 0.00%

0.00 AAA/AAA
AAA

0.00 0.00

Page 61 ends

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
Total Cash 435.26 0.00%
435.26
435.26

1.00 0.00%
435.26

0.00 0.00%

0.00 0.00

0.00 CORPORATE
63743HFE7

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

3.45 06/15/2025
35,000.00 04/27/2022

3.46%
34,990.55
34,999.35

99.62 4.76%
34,868.07
254.92

0.30%
(131.28)
A/A
A

0.29 0.28
6174468C6 MORGAN STANLEY 4.0
07/23/2025 140,000.00 03/15/2024

5.31%
137,649.40
139,310.62

99.78 4.56%
139,692.24
591.11

1.22%
381.62
A/A
A

0.40 0.38
931142EW9 WALMART INC 3.9 09/09/2025 30,000.00 09/06/2022

3.92%
29,979.00
29,996.90

99.71 4.47%
29,913.86
559.00

0.26%
(83.04)
AA/AA
AA

0.53 0.50
437076CR1 HOME DEPOT INC 4.0
09/15/2025 40,000.00 09/12/2022

4.01%
39,985.60
39,997.78

99.76 4.46%
39,904.38
737.78

0.35%
(93.40)
A/A
A

0.54 0.51
20030NCS8 COMCAST CORP 3.95
10/15/2025 140,000.00 03/11/2024

4.94%
137,895.80
139,174.26

99.74 4.37%
139,637.87
2,089.11

1.22%
463.62
A/A
A

0.63 0.59
00440EAV9 CHUBB INA HOLDINGS LLC 3.35
05/03/2026 135,000.00 08/24/2023

5.19%
128,866.95
132,318.75

98.82 4.40%
133,404.00
1,482.38

1.16%
1,085.25
A/A
A

1.18 1.12
61747YET8 MORGAN STANLEY 4.679
07/17/2026 60,000.00 07/18/2022

4.68%
60,000.00
60,000.00

99.98 5.70%
59,986.01
343.13

0.52%
(13.99)
A/A
A

1.38 0.37
69371RS56 PACCAR FINANCIAL CORP 5.05
08/10/2026 80,000.00 12/08/2023

4.96%
80,172.00
80,093.35
101.10

4.25%
80,878.29
235.67

0.70%
784.94
A/A
NA

1.45 1.37
931142ER0 WALMART INC 1.05 09/17/2026 25,000.00 09/08/2021

1.09%
24,952.75
24,985.38

95.42 4.15%
23,854.33
119.58

0.21%
(1,131.05)
AA/AA
AA

1.55 1.49
89115A2V3 TORONTO-DOMINION BANK

5.264 12/11/2026 55,000.00 12/04/2023

5.26%
55,000.00
55,000.00
101.39

4.43%
55,765.39
643.38

0.49%
765.39
A/A
AA

1.78 1.66
78016HZT0 ROYAL BANK OF CANADA 4.875
01/19/2027 105,000.00 01/10/2024

4.88%
104,973.75
104,983.50
100.86

4.39%
105,904.79
597.19

0.92%
921.29
A/A
AA

1.89 1.77
06051GLE7 BANK OF AMERICA CORP 5.08
01/20/2027 135,000.00 08/22/2023

5.90%
132,557.85
134,098.07
100.42

5.16%
135,565.70
781.05

1.18%
1,467.63
A/A
AA

1.89 0.85
037833CJ7 APPLE INC 3.35 02/09/2027 150,000.00 01/24/2023

4.09%
145,929.00
148,040.40

98.63 4.10%
147,940.16
307.08

1.29%
(100.24)
AAA/AA
NA

1.95 1.85
17275RBQ4 CISCO SYSTEMS INC 4.8
02/26/2027
60,000.00 02/21/2024

4.85%
59,922.00
59,948.26
101.14

4.19%
60,683.39

40.00 0.53%
735.13
A/AA
NA

1.99 1.80
857477CL5 STATE STREET CORP 4.993
03/18/2027 125,000.00 03/13/2024

4.99%
125,000.00
125,000.00
101.19

4.37%
126,492.52
2,825.90

1.10%
1,492.52
AA/A
AA

2.05 1.81

Page 62 ends

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
665859AW4 NORTHERN TRUST CORP 4.0
05/10/2027 150,000.00 09/28/2022

4.74%
145,396.50
147,811.76

99.47 4.25%
149,211.06
1,850.00

1.30%
1,399.30
A/A
A

2.19 2.05
14913UAL4 CATERPILLAR FINANCIAL
SERVICES CORP 5.0 05/14/2027 140,000.00 05/21/2024

4.93%
140,257.04
140,190.29
101.49

4.28%
142,085.13
2,080.56

1.24%
1,894.84
A/A
A

2.21 2.04
63743HFT4

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

4.12 09/16/2027
140,000.00 11/18/2024

4.61%
138,184.20
138,363.84

99.21 4.45%
138,891.12
2,643.67

1.21%
527.28
A/A
A

2.55 2.34
89236TMS1 TOYOTA MOTOR CREDIT CORP

4.35 10/08/2027 140,000.00 02/24/2025

4.46%
139,610.80
139,612.43
100.00

4.35%
140,001.01
2,385.25

1.22%
388.58
A/A
A

2.61 2.39
24422EXZ7 JOHN DEERE CAPITAL CORP 4.65
01/07/2028 95,000.00 01/06/2025

4.66%
94,971.50
94,972.83
101.07

4.24%
96,016.83
638.08

0.84%
1,044.00
A/A
A

2.86 2.63
438516CJ3 HONEYWELL INTERNATIONAL
INC 4.95 02/15/2028 125,000.00 02/13/2023

4.44%
127,803.75
126,640.08
101.77

4.30%
127,217.15
275.00

1.11%
577.08
A/A
A

2.96 2.65
00287YDY2 ABBVIE INC 4.65 03/15/2028 70,000.00 02/18/2025

4.70%
69,906.90
69,907.15
100.61

4.43%
70,429.53

45.21 0.61%
522.38
A/A
NA

3.04 2.73
79466LAF1 SALESFORCE INC 3.7 04/11/2028 140,000.00 08/21/2024

4.10%
138,121.20
138,391.42

98.39 4.26%
137,743.49
2,014.44

1.20%
(647.93)
A/A
NA

3.12 2.86
58933YBH7 MERCK & CO INC 4.05
05/17/2028 30,000.00 05/08/2023

4.07%
29,975.70
29,984.40

99.66 4.16%
29,898.41
351.00

0.26%
(85.99)
A/A
NA

3.22 2.94
46647PEU6 JPMORGAN CHASE & CO 4.915
01/24/2029 65,000.00 01/16/2025

4.92%
65,000.00
65,000.00
100.79

4.76%
65,512.17
328.35

0.57%
512.17
A/A
AA

3.91 2.66
09247XAP6 BLACKROCK FINANCE INC 3.25
04/30/2029 150,000.00 07/29/2024

4.58%
141,568.50
142,608.47

95.63 4.41%
143,449.95
1,638.54

1.25%
841.49
AA/AA
NA

4.17 3.79
437076DC3 HOME DEPOT INC 4.75
06/25/2029 75,000.00 --

4.79%
74,851.75
74,873.59
101.07

4.47%
75,801.95
653.13

0.66%
928.36
A/A
A

4.32 3.76
69371RT48 PACCAR FINANCIAL CORP 4.0
09/26/2029 70,000.00 09/23/2024

4.05%
69,855.80
69,868.12

98.26 4.43%
68,780.08
1,205.56

0.60%
(1,088.04)
A/A
NA

4.57 4.05
26444HAH4 DUKE ENERGY FLORIDA LLC 2.5
12/01/2029 150,000.00 12/16/2024

4.72%
135,454.50
136,049.18

91.15 4.60%
136,729.16
937.50

1.19%
679.98
A/A
NA

4.76 4.36
Total Corporate 2,855,000.00 4.70%
2,808,832.79
2,822,220.17

99.40 4.44%
2,836,258.05
28,653.55

24.72%
14,037.88

2.36 2.08

MONEY MARKET
FUND
31846V203 FIRST AMER:GVT OBLG Y 27,236.81 --

3.99%
27,236.81
27,236.81

1.00 3.98%
27,236.81

0.00 0.24%

0.00 AAA/AAA
AAA

0.00 0.00

Page 63 ends

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
Total Money
Market Fund 27,236.81 3.99%
27,236.81
27,236.81

1.00 3.98%
27,236.81

0.00 0.24%

0.00 0.00

0.00 MUNICIPAL
BONDS
13063D7D4 CALIFORNIA STATE 5.5
10/01/2028 100,000.00 10/04/2023

5.12%
101,634.00
101,178.06
104.03

4.27%
104,026.00
2,291.67

0.91%
2,847.94
AA/AA
AA

3.59 3.16
Total Municipal
Bonds 100,000.00 5.12%
101,634.00
101,178.06
104.03

4.27%
104,026.00
2,291.67

0.91%
2,847.94

3.59 3.16

SUPRANATIONAL
45950KDF4 INTERNATIONAL FINANCE CORP

4.375 01/15/2027 80,000.00 11/29/2023

4.49%
79,739.20
79,842.74
100.51

4.09%
80,407.52
447.32

0.70%
564.78

AAA/AAA
NA

1.88 1.77
4581X0EM6

INTER-AMERICAN
DEVELOPMENT BANK 4.375
02/01/2027
215,000.00 12/05/2023

4.41%
214,817.25
214,888.15
100.53

4.08%
216,140.31
783.85

1.88%
1,252.16

AAA/AAA
NA

1.93 1.81
459058KT9

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.5 07/12/2028
140,000.00 09/07/2023

4.54%
133,740.60
135,643.94

98.20 4.08%
137,473.63
666.94

1.20%
1,829.69

AAA/AAA
NA

3.37 3.12
459058KW2

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 4.625 08/01/2028
115,000.00 --

4.92%
113,575.80
113,984.10
101.72

4.08%
116,976.71
443.23

1.02%
2,992.61

AAA/AAA
NA

3.42 3.12
Total
Supranational 550,000.00 4.56%
541,872.85
544,358.93
100.20

4.08%
550,998.16
2,341.35

4.80%
6,639.24

2.60 2.41

US TREASURY
912797NR4 UNITED STATES TREASURY
03/18/2025 150,000.00 01/21/2025

4.32%
149,030.63
149,700.38

99.82 4.34%
149,733.12

0.00 1.31%

32.75 A/AAA
AAA

0.05 0.04
912828ZF0 UNITED STATES TREASURY 0.5
03/31/2025 125,000.00 03/25/2021

0.58%
124,609.38
124,991.99

99.70 4.35%
124,630.53
260.99

1.09%
(361.46)
AAA/AA
AA

0.08 0.08
91282CEH0 UNITED STATES TREASURY 2.625
04/15/2025 150,000.00 07/29/2024

4.96%
147,580.08
149,579.55

99.81 4.18%
149,717.58
1,481.97

1.30%
138.03
AAA/AA
AA

0.13 0.12
912797KS5 UNITED STATES TREASURY
04/17/2025 150,000.00 01/21/2025

4.30%
148,513.92
149,178.29

99.47 4.31%
149,206.69

0.00 1.30%

28.40 A/AAA
AAA

0.13 0.12
912828ZT0 UNITED STATES TREASURY 0.25
05/31/2025 250,000.00 02/25/2021

0.60%
246,337.89
249,785.69

99.02 4.31%
247,543.95
156.25

2.16%
(2,241.75)
AAA/AA
AA

0.25 0.24

Page 64 ends

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
91282CEU1 UNITED STATES TREASURY 2.875
06/15/2025 150,000.00 08/21/2024

4.53%
148,037.11
149,299.44

99.57 4.36%
149,358.98
900.41

1.30%

59.54 AAA/AA
AA

0.29 0.28
91282CEY3 UNITED STATES TREASURY 3.0
07/15/2025 260,000.00 06/23/2023

4.71%
251,417.97
258,443.79

99.53 4.29%
258,766.02
969.61

2.26%
322.22
AAA/AA
AA

0.38 0.36
912828K74 UNITED STATES TREASURY 2.0
08/15/2025 150,000.00 11/18/2024

4.26%
147,363.28
148,363.08

98.96 4.32%
148,440.23
116.02

1.29%

77.16 AAA/AA
AA

0.46 0.45
91282CFK2 UNITED STATES TREASURY 3.5
09/15/2025 150,000.00 12/30/2024

4.26%
149,208.98
149,392.94

99.59 4.28%
149,391.80
2,421.96

1.30%
(1.14)
AAA/AA
AA

0.54 0.51
91282CAZ4 UNITED STATES TREASURY 0.375
11/30/2025 175,000.00 12/09/2020

0.41%
174,699.22
174,954.62

97.21 4.22%
170,119.14
164.06

1.48%
(4,835.48)
AAA/AA
AA

0.75 0.73
9128286L9 UNITED STATES TREASURY 2.25
03/31/2026 275,000.00 --

3.11%
268,007.23
272,644.39

98.05 4.11%
269,650.39
2,583.79

2.35%
(2,994.00)
AAA/AA
AA

1.08 1.04
912828R36 UNITED STATES TREASURY 1.625
05/15/2026 265,000.00 --

2.74%
256,468.75
261,757.93

97.14 4.09%
257,412.31
1,260.95

2.24%
(4,345.63)
AAA/AA
AA

1.21 1.17
91282CHH7 UNITED STATES TREASURY 4.125
06/15/2026 100,000.00 10/21/2024

4.04%
100,125.00
100,097.96
100.09

4.05%
100,085.94
861.26

0.87%
(12.02)
AAA/AA
AA

1.29 1.23
912828YG9 UNITED STATES TREASURY 1.625
09/30/2026 200,000.00 12/28/2021

1.24%
203,531.25
201,175.73

96.39 4.01%
192,773.44
1,357.14

1.68%
(8,402.29)
AAA/AA
AA

1.59 1.52
912828U24 UNITED STATES TREASURY 2.0
11/15/2026 265,000.00 03/29/2022

2.55%
258,602.73
262,639.33

96.70 4.03%
256,242.58
1,551.93

2.23%
(6,396.75)
AAA/AA
AA

1.71 1.64
91282CEF4 UNITED STATES TREASURY 2.5
03/31/2027 200,000.00 05/25/2022

4.27%
197,890.63
199,094.28

97.08 3.98%
194,164.06
2,087.91

1.69%
(4,930.22)
AAA/AA
AA

2.08 1.98
91282CKJ9 UNITED STATES TREASURY 4.5
04/15/2027 140,000.00 02/24/2025

4.19%
140,880.47
140,875.95
101.02

3.99%
141,427.34
2,371.15

1.23%
551.39
AAA/AA
AA

2.13 1.97
912828X88 UNITED STATES TREASURY 2.375
05/15/2027 275,000.00 --

2.96%
267,540.04
271,670.37

96.61 4.00%
265,675.78
1,912.47

2.32%
(5,994.58)
AAA/AA
AA

2.21 2.10
91282CFM8 UNITED STATES TREASURY 4.125
09/30/2027 260,000.00 10/26/2022

4.19%
259,278.91
259,622.02
100.39

3.96%
261,015.63
4,478.57

2.28%
1,393.61
AAA/AA
AA

2.59 2.38
91282CGC9 UNITED STATES TREASURY 3.875
12/31/2027 300,000.00 --

4.18%
297,187.51
297,563.94

99.75 3.97%
299,250.00
1,926.80

2.61%
1,686.06
AAA/AA
AA

2.84 2.64
91282CGT2 UNITED STATES TREASURY 3.625
03/31/2028 240,000.00 04/19/2023

3.73%
238,828.13
239,269.77

98.99 3.98%
237,571.87
3,632.97

2.07%
(1,697.90)
AAA/AA
AA

3.09 2.84
91282CHK0 UNITED STATES TREASURY 4.0
06/30/2028 200,000.00 12/30/2024

4.13%
197,953.13
198,049.30
100.06

3.98%
200,117.19
1,325.97

1.74%
2,067.89
AAA/AA
AA

3.34 3.07
91282CLK5 UNITED STATES TREASURY 3.625
08/31/2029 175,000.00 09/25/2024

3.51%
175,922.85
175,842.87

98.45 4.00%
172,292.97

17.24 1.50%
(3,549.90)
AAA/AA
AA

4.50 4.10

Page 65 ends

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
Total US Treasury 4,605,000.00 3.34%
4,549,015.09
4,583,993.59

98.71 4.12%
4,544,587.53
31,839.43

39.61%
(39,406.06)

1.54 1.44
Total Portfolio 11,566,383.31 4.04%
11,406,980.95
11,474,196.37

99.00 4.23%
11,473,026.13
87,506.66
100.00%
(1,170.25)

2.16 1.81
Total Market
Value + Accrued 11,560,532.79

Page 66 ends

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/
Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 02/03/2025 31846V203 0.57 FIRST AMER:GVT OBLG Y 1.000 4.02% (0.57) 0.00 (0.57) 0.00 Purchase 02/03/2025 31846V203 7,362.51 FIRST AMER:GVT OBLG Y 1.000 4.02% (7,362.51) 0.00 (7,362.51) 0.00 Purchase 02/04/2025 31846V203 592.99 FIRST AMER:GVT OBLG Y 1.000 4.02% (592.99) 0.00 (592.99) 0.00 Purchase 02/06/2025 31846V203 35,305.55 FIRST AMER:GVT OBLG Y 1.000 4.02% (35,305.55) 0.00 (35,305.55) 0.00 Purchase 02/10/2025 31846V203 4,532.50 FIRST AMER:GVT OBLG Y 1.000 3.99% (4,532.50) 0.00 (4,532.50) 0.00 Purchase 02/18/2025 31846V203 5,365.46 FIRST AMER:GVT OBLG Y 1.000 3.99% (5,365.46) 0.00 (5,365.46) 0.00 Purchase 02/18/2025 31846V203 278,686.13 FIRST AMER:GVT OBLG Y 1.000 3.99% (278,686.13) 0.00 (278,686.13) 0.00 Purchase 02/20/2025 31846V203 425.79 FIRST AMER:GVT OBLG Y 1.000 3.99% (425.79) 0.00 (425.79) 0.00 Purchase 02/21/2025 31846V203 3,234.45 FIRST AMER:GVT OBLG Y 1.000 3.98% (3,234.45) 0.00 (3,234.45) 0.00 Purchase 02/25/2025 31846V203 2,957.77 FIRST AMER:GVT OBLG Y 1.000 3.99% (2,957.77) 0.00 (2,957.77) 0.00 Purchase 02/25/2025 91282CKJ9 140,000.00 UNITED STATES TREASURY

4.5 04/15/2027 100.629 4.19% (140,880.47) (2,301.92) (143,182.39) 0.00 Purchase 02/25/2025 89236TMS1 140,000.00 TOYOTA MOTOR CREDIT CORP 4.35 10/08/2027 99.722 4.46% (139,610.80) (2,283.75) (141,894.55) 0.00 Purchase 02/26/2025 00287YDY2 70,000.00 ABBVIE INC 4.65 03/15/2028 99.867 4.70% (69,906.90) 0.00 (69,906.90) 0.00 Purchase 02/28/2025 31846V203 3,171.88 FIRST AMER:GVT OBLG Y 1.000 3.99% (3,171.88) 0.00 (3,171.88) 0.00 Total Purchase 691,635.60 (692,033.77) (4,585.67) (696,619.44) 0.00 TOTAL
ACQUISITIONS 691,635.60 (692,033.77) (4,585.67) (696,619.44) 0.00

DISPOSITIONS
Maturity 02/15/2025 912828J27 (250,000.00) UNITED STATES TREASURY

2.0 02/15/2025 100.000 2.00% 250,000.00 0.00 250,000.00 0.00 Total Maturity (250,000.00) 250,000.00 0.00 250,000.00 0.00 Sale 02/10/2025 31846V203 (1,000.00) FIRST AMER:GVT OBLG Y 1.000 3.99% 1,000.00 0.00 1,000.00 0.00 Sale 02/25/2025 31846V203 (283,221.45) FIRST AMER:GVT OBLG Y 1.000 3.99% 283,221.45 0.00 283,221.45 0.00 Sale 02/26/2025 31846V203 (68,466.90) FIRST AMER:GVT OBLG Y 1.000 3.99% 68,466.90 0.00 68,466.90 0.00 Total Sale (352,688.35) 352,688.35 0.00 352,688.35 0.00 TOTAL
DISPOSITIONS (602,688.35) 602,688.35 0.00 602,688.35 0.00

Page 67 ends

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/
Sold Total Amount Gain/Loss
OTHER

TRANSACTIONS
Call Redemption 02/06/2025 857477BR3 (35,000.00) STATE STREET CORP 1.746 02/06/2026 100.000 1.75% 35,000.00 0.00 35,000.00 0.00
Total Call
Redemption (35,000.00) 35,000.00 0.00 35,000.00 0.00
Coupon 02/01/2025 3137FJKE8 0.00 FHMS K-082 A2 3.92
09/25/2028 3.80% 176.40 0.00 176.40 0.00
Coupon 02/01/2025 3137FETN0 0.00 FHMS K-073 A2 3.35
01/25/2028 4.22% 446.67 0.00 446.67 0.00
Coupon 02/01/2025 3137BNGT5 0.00 FHMS K-054 A2 2.745
01/25/2026 4.39% 378.44 0.00 378.44 0.00
Coupon 02/01/2025 3137FKZZ2 0.00 FHMS K-088 A2 3.69
01/25/2029 4.40% 338.25 0.00 338.25 0.00
Coupon 02/01/2025 4581X0EM6 0.00

INTER-AMERICAN

DEVELOPMENT BANK

4.375 02/01/2027

4.41% 4,703.13 0.00 4,703.13 0.00
Coupon 02/01/2025 3137FHPJ6 0.00 FHMS K-080 A2 3.926
07/25/2028 4.42% 359.88 0.00 359.88 0.00
Coupon 02/01/2025 3137BVZ82 0.00 FHMS K-063 A2 3.43
01/25/2027 4.43% 314.42 0.00 314.42 0.00
Coupon 02/01/2025 3137FJXV6 0.00 FHMS K-083 A2 4.05
09/25/2028 4.51% 337.50 0.00 337.50 0.00
Coupon 02/01/2025 3137FJEH8 0.00 FHMS K-081 A2 3.9
08/25/2028 4.81% 341.25 0.00 341.25

0.00 Coupon 02/01/2025 3137H5YC5 0.00 FHMS K-748 A2 2.26 01/25/2029 4.88% 216.58 0.00 216.58 0.00
Coupon 02/01/2025 459058KW2 0.00

INTERNATIONAL BANK

FOR RECONSTRUCTION
AND DEVELOPM 4.625
08/01/2028

4.92% 2,659.95 0.00 2,659.95 0.00
Coupon 02/01/2025 3137H4BY5 0.00 FHMS K-746 A2 2.031
09/25/2028 5.17% 186.18 0.00 186.18 0.00

Page 68 ends

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/
Sold Total Amount Gain/Loss
Coupon 02/06/2025 857477BR3 0.00 STATE STREET CORP 1.746 02/06/2026 1.75% 305.55 0.00 305.55 0.00
Coupon 02/09/2025 037833CJ7 0.00 APPLE INC 3.35
02/09/2027 4.09% 2,512.50 0.00 2,512.50 0.00
Coupon 02/10/2025 69371RS56 0.00 PACCAR FINANCIAL CORP

5.05 08/10/2026 4.96% 2,020.00 0.00 2,020.00 0.00
Coupon 02/15/2025 47789QAC4 0.00 JDOT 2021-B A3 0.52
03/16/2026 0.53% 1.84 0.00 1.84 0.00
Coupon 02/15/2025 44935FAD6 0.00 HART 2021-C A3 0.74
05/15/2026 0.79% 0.97 0.00 0.97 0.00
Coupon 02/15/2025 43815BAC4 0.00 HAROT 2022-1 A3 1.88
05/15/2026 1.90% 23.26 0.00 23.26 0.00
Coupon 02/15/2025 912828J27 0.00 UNITED STATES TREASURY

2.0 02/15/2025 2.00% 2,500.00 0.00 2,500.00 0.00
Coupon 02/15/2025 47787JAC2 0.00 JDOT 2022 A3 0.36
09/15/2026 2.35% 22.22 0.00 22.22 0.00
Coupon 02/15/2025 47800AAC4 0.00 JDOT 2022-B A3 3.74
02/16/2027 3.78% 78.64 0.00 78.64 0.00
Coupon 02/15/2025 58769GAD5 0.00 MBALT 2024-B A3 4.23
02/15/2028 4.28% 158.63 0.00 158.63 0.00
Coupon 02/15/2025 438516CJ3 0.00

HONEYWELL
INTERNATIONAL INC 4.95
02/15/2028

4.44% 3,093.75 0.00
3,093.75 0.00
Coupon 02/15/2025 912828K74 0.00 UNITED STATES TREASURY

2.0 08/15/2025 4.44% 1,500.00 0.00 1,500.00 0.00
Coupon 02/15/2025 448976AD2 0.00 HART 2024-C A3 4.41
05/15/2029 4.45% 183.75 0.00 183.75 0.00
Coupon 02/15/2025 58770AAC7 0.00 MBART 2023-1 A3 4.51
11/15/2027 4.56% 99.37 0.00 99.37 0.00
Coupon 02/15/2025 448979AD6 0.00 HART 2023-A A3 4.58
04/15/2027 4.63% 165.36 0.00 165.36 0.00
Coupon 02/15/2025 89238DAD0 0.00 TAOT 2024-A A3 4.83
10/16/2028 4.89% 241.50 0.00 241.50 0.00
Coupon 02/15/2025 44934QAD3 0.00 HART 2024-B A3 4.84
03/15/2029 4.90% 121.00 0.00 121.00 0.00

Page 69 ends

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/
Sold Total Amount Gain/Loss
Coupon 02/15/2025 448973AD9 0.00 HART 2024-A A3 4.99
02/15/2029 5.05% 187.12 0.00 187.12 0.00
Coupon 02/15/2025 02582JKD1 0.00 AMXCA 2023-3 A 5.23
09/15/2028 5.29% 501.21 0.00 501.21 0.00
Coupon 02/15/2025 02582JKH2 0.00 AMXCA 2024-1 A 5.23
04/16/2029 5.30% 435.83 0.00 435.83 0.00
Coupon 02/15/2025 47787CAC7 0.00 JDOT 2023-C A3 5.48
05/15/2028 5.55% 479.50 0.00 479.50 0.00
Coupon 02/15/2025 89239FAD4 0.00 TAOT 2023-D A3 5.54
08/15/2028 5.61% 207.75 0.00 207.75 0.00
Coupon 02/16/2025 362554AC1 0.00 GMCAR 2021-4 A3 0.68
09/16/2026 0.68% 2.47 0.00 2.47 0.00
Coupon 02/16/2025 380146AC4 0.00 GMCAR 2022-1 A3 1.26
11/16/2026 1.27% 5.95 0.00 5.95 0.00
Coupon 02/16/2025 36265WAD5 0.00 GMCAR 2022-3 A3 3.64
04/16/2027 3.67% 48.89 0.00 48.89 0.00
Coupon 02/16/2025 38014AAD3 0.00 GMCAR 2024-4 A3 4.4
08/16/2029 4.45% 128.33 0.00 128.33 0.00
Coupon 02/16/2025 362583AD8 0.00 GMCAR 2023-2 A3 4.47
02/16/2028 4.51% 149.00 0.00 149.00 0.00
Coupon 02/18/2025 43815PAC3 0.00 HAROT 2022-2 A3 3.73
07/20/2026 3.76% 50.23 0.00 50.23

0.00 Coupon 02/20/2025 38012QAD0 0.00 GMALT 2024-3 A3 4.21 10/20/2027 4.25% 105.25 0.00 105.25 0.00
Coupon 02/20/2025 36269FAD8 0.00 GMALT 2024-1 A3 5.09
03/22/2027 5.15% 275.71 0.00 275.71 0.00
Coupon 02/20/2025 379929AD4 0.00 GMALT 2023-3 A3 5.38
11/20/2026 5.46% 44.83 0.00 44.83 0.00
Coupon 02/21/2025 43815GAC3 0.00 HAROT 2021-4 A3 0.88
01/21/2026 0.90% 3.10 0.00 3.10 0.00
Coupon 02/21/2025 43815JAC7 0.00 HAROT 2023-1 A3 5.04
04/21/2027 5.11% 92.42 0.00 92.42 0.00
Coupon 02/21/2025 438123AC5 0.00 HAROT 2023-4 A3 5.67
06/21/2028 5.75% 165.38 0.00 165.38 0.00

Page 70 ends

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/
Sold Total Amount Gain/Loss
Coupon 02/25/2025 05593AAC3 0.00 BMWLT 2023-1 A3 5.16
11/25/2025 0.00% 8.75 0.00 8.75 0.00
Coupon 02/26/2025 17275RBQ4 0.00 CISCO SYSTEMS INC 4.8
02/26/2027 4.85% 1,440.00 0.00 1,440.00 0.00
Coupon 02/28/2025 91282CLK5 0.00 UNITED STATES TREASURY

3.625 08/31/2029 3.51% 3,171.88 0.00 3,171.88 0.00
Total Coupon 0.00 30,990.59 0.00 30,990.59 0.00
Custody Fee 02/25/2025 CCYUSD (94.94) Cash 0.00% (94.94) 0.00 (94.94) 0.00 Total Custody Fee (94.94) (94.94) 0.00 (94.94) 0.00
Dividend 02/28/2025 31846V203 0.00 FIRST AMER:GVT OBLG Y 3.99% 435.26 0.00 435.26 0.00 Total Dividend 0.00 435.26 0.00 435.26 0.00
Management Fee 02/10/2025 CCYUSD (1,000.00) Cash 0.00% (1,000.00) 0.00 (1,000.00) 0.00 Total
Management Fee (1,000.00) (1,000.00) 0.00 (1,000.00) 0.00 Principal Paydown 02/01/2025 3137BNGT5 308.87 FHMS K-054 A2 2.745 01/25/2026 4.39% 308.87 -- 308.87 0.00
Principal Paydown 02/15/2025 47789QAC4 1,944.91 JDOT 2021-B A3 0.52 03/16/2026 0.53% 1,944.91 -- 1,944.91 (0.00)
Principal Paydown 02/15/2025 44935FAD6 1,049.04 HART 2021-C A3 0.74 05/15/2026 0.79% 1,049.04 -- 1,049.04
(0.00)
Principal Paydown 02/15/2025 43815BAC4 2,439.32 HAROT 2022-1 A3 1.88 05/15/2026 1.90% 2,439.32 -- 2,439.32 (0.00)
Principal Paydown 02/15/2025 47787JAC2 1,837.74 JDOT 2022 A3 0.36 09/15/2026 2.35% 1,837.74 -- 1,837.74 (0.00)
Principal Paydown 02/15/2025 47800AAC4 3,028.34 JDOT 2022-B A3 3.74 02/16/2027 3.78% 3,028.34 -- 3,028.34 (0.00)
Principal Paydown 02/15/2025 58770AAC7 1,962.60 MBART 2023-1 A3 4.51 11/15/2027 4.56% 1,962.60 -- 1,962.60 (0.00)
Principal Paydown 02/15/2025 448979AD6 3,644.89 HART 2023-A A3 4.58 04/15/2027 4.63% 3,644.89 -- 3,644.89 (0.00)
Principal Paydown 02/16/2025 362554AC1 904.40 GMCAR 2021-4 A3 0.68 09/16/2026 0.68% 904.40 -- 904.40 (0.00)
Principal Paydown 02/16/2025 380146AC4 1,005.24 GMCAR 2022-1 A3 1.26 11/16/2026 1.27% 1,005.24 -- 1,005.24 0.00

Page 71 ends

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/
Sold Total Amount Gain/Loss
Principal Paydown 02/16/2025 36265WAD5 1,717.51 GMCAR 2022-3 A3 3.64 04/16/2027 3.67% 1,717.51 -- 1,717.51 (0.00)
Principal Paydown 02/16/2025 362583AD8 2,125.66 GMCAR 2023-2 A3 4.47 02/16/2028 4.51% 2,125.66 -- 2,125.66 0.00
Principal Paydown 02/18/2025 43815PAC3 2,005.37 HAROT 2022-2 A3 3.73 07/20/2026 3.76% 2,005.37 -- 2,005.37 (0.00)
Principal Paydown 02/21/2025 43815GAC3 1,256.81 HAROT 2021-4 A3 0.88 01/21/2026 0.90% 1,256.81 -- 1,256.81 0.00
Principal Paydown 02/21/2025 43815JAC7 1,716.74 HAROT 2023-1 A3 5.04 04/21/2027 5.11% 1,716.74 -- 1,716.74 0.00
Principal Paydown 02/25/2025 05593AAC3 1,495.01 BMWLT 2023-1 A3 5.16 11/25/2025 0.00% 1,495.01 -- 1,495.01 0.00
Total Principal
Paydown 28,442.45 28,442.45 -- 28,442.45 (0.02)

TOTAL OTHER
TRANSACTIONS (7,652.49) 93,773.36 0.00 93,773.36 (0.02)

Page 72 ends

INCOME EARNED
Cusip Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income

CASH & EQUIVALENTS
31846V203 FIRST AMER:GVT OBLG Y
27,236.81
38,289.56
341,635.60
(352,688.35)
27,236.81

0.00 592.99

0.00 0.00

0.00 592.99
592.99
912797KS5 UNITED STATES TREASURY
04/17/2025
01/21/2025
01/22/2025
150,000.00
148,688.75

0.00 0.00
149,178.29

0.00 0.00

0.00 0.00
489.53

0.00 489.53
489.53
489.53
912797NR4 UNITED STATES TREASURY
03/18/2025
01/21/2025
01/22/2025
150,000.00
149,206.88

0.00 0.00
149,700.38

0.00 0.00

0.00 0.00
493.50

0.00 493.50
493.50
493.50
CCYUSD Receivable
435.26
592.99

0.00 0.00
435.26

0.00 0.00

0.00 Total Cash & Equivalents 327,672.07
336,778.18
341,635.60
(352,688.35)
326,550.73

0.00 592.99

0.00 592.99
983.03

0.00 983.03
1,576.02 1,576.02

FIXED INCOME
00287YDY2 ABBVIE INC 4.65 03/15/2028
02/18/2025
02/26/2025
70,000.00

0.00 69,906.90

0.00 69,907.15

0.00 0.00

45.21 45.21

0.25 0.00

0.25 45.46

45.46 00440EAV9 CHUBB INA HOLDINGS LLC

3.35 05/03/2026
08/24/2023
08/28/2023
135,000.00
132,143.34

0.00 0.00
132,318.75
1,105.50

0.00 1,482.38
376.88
175.41

0.00 175.41
552.28
552.28
02582JKD1 AMXCA 2023-3 A 5.23
09/15/2028
09/12/2023
09/19/2023
115,000.00
114,996.27

0.00 0.00
114,996.35
267.31
501.21
267.31
501.21

0.08 0.00

0.08 501.29
501.29

Page 73 ends

0.00 0.00
99,983.02
232.44
435.83
232.44
435.83

0.32 0.00

0.32 436.15
436.15
037833CJ7 APPLE INC 3.35 02/09/2027
01/24/2023
01/26/2023
150,000.00
147,963.12

0.00 0.00
148,040.40
2,400.83
2,512.50
307.08
418.75

77.28 0.00

77.28 496.03
496.03
05593AAC3 BMWLT 2023-1 A3 5.16
11/25/2025
02/07/2023
02/15/2023
540.69
2,035.68

0.00 (1,495.01)
540.69

1.75 8.75

0.47 7.46

0.01 0.00

0.01 7.47

7.47 06051GLE7 BANK OF AMERICA CORP

5.08 01/20/2027
08/22/2023
08/24/2023
135,000.00
134,020.36

0.00 0.00
134,098.07
209.55

0.00 781.05
571.50

77.70 0.00

77.70 649.20
649.20
09247XAP6 BLACKROCK FINANCE INC

3.25 04/30/2029
07/29/2024
07/30/2024
150,000.00
142,472.40

0.00 0.00
142,608.47
1,232.29

0.00 1,638.54
406.25
136.07

0.00 136.07
542.32
542.32
13063D7D4 CALIFORNIA STATE 5.5
10/01/2028
10/04/2023
10/11/2023
100,000.00
101,203.24

0.00 0.00
101,178.06
1,833.33

0.00 2,291.67
458.33

0.00 (25.18)
(25.18)
433.15
433.15
14913UAL4

CATERPILLAR FINANCIAL
SERVICES CORP 5.0
05/14/2027
05/21/2024
05/23/2024
140,000.00
140,196.92

0.00 0.00
140,190.29
1,497.22

0.00 2,080.56
583.33

0.00 (6.63)
(6.63)
576.71
576.71
17275RBQ4 CISCO SYSTEMS INC 4.8
02/26/2027
02/21/2024
02/26/2024
60,000.00
59,946.27

0.00 0.00
59,948.26
1,240.00
1,440.00

40.00 240.00

1.99 0.00

1.99 241.99
241.99
20030NCS8 COMCAST CORP 3.95
10/15/2025
03/11/2024
03/13/2024
140,000.00
139,072.85

0.00 0.00
139,174.26
1,628.28

0.00 2,089.11
460.83
101.41

0.00 101.41
562.24
562.24

Page 74 ends

4.65 01/07/2028
01/06/2025
01/09/2025
95,000.00
94,972.10

0.00 0.00
94,972.83
269.96

0.00 638.08
368.13

0.73 0.00

0.73 368.86
368.86
26444HAH4 DUKE ENERGY FLORIDA LLC

2.5 12/01/2029
12/16/2024
12/17/2024
150,000.00
135,824.16

0.00 0.00
136,049.18
625.00

0.00 937.50
312.50
225.01

0.00 225.01
537.51
537.51
3130ATS57 FEDERAL HOME LOAN BANKS

4.5 03/10/2028
03/21/2023
03/22/2023
275,000.00
278,874.52

0.00 0.00
278,778.77
4,846.88

0.00 5,878.13
1,031.25

0.00 (95.75)
(95.75)
935.50
935.50
3130AXU63 FEDERAL HOME LOAN BANKS

4.625 11/17/2026
11/16/2023
11/17/2023
160,000.00
159,831.01

0.00 0.00
159,838.25
1,521.11

0.00 2,137.78
616.67

7.24 0.00

7.24 623.90
623.90
3130B3A29 FEDERAL HOME LOAN BANKS

4.0 10/09/2026
10/21/2024
10/22/2024
200,000.00
199,998.28

0.00 0.00
199,998.36
2,444.44

0.00 3,111.11
666.67

0.08 0.00

0.08 666.74
666.74
3133EPN50

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.25
12/15/2028
12/28/2023
12/29/2023
110,000.00
111,394.84

0.00 0.00
111,367.20
597.36

0.00 986.94
389.58

0.00 (27.64)
(27.64)
361.94
361.94
3133ERDS7

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.75
05/06/2027
06/25/2024
06/26/2024
225,000.00
225,951.86

0.00 0.00
225,919.52
2,523.44

0.00 3,414.06
890.63

0.00 (32.34)
(32.34)
858.28
858.28
3133ERFJ5

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.5
05/20/2027
05/23/2024
05/24/2024
115,000.00
114,286.28

0.00 0.00
114,310.13
1,020.63

0.00 1,451.88
431.25

23.85 0.00

23.85 455.10
455.10
3135G06G3

FEDERAL NATIONAL
MORTGAGE ASSOCIATION 0.5
11/07/2025
11/18/2020
11/19/2020
225,000.00
224,964.36

0.00 0.00
224,967.93
262.50

0.00 356.25

93.75 3.58

0.00 3.58

97.33 97.33

Page 75 ends

0.00 (308.87)
162,690.07
378.44
378.44
377.73
377.73
228.10

0.00 228.10
605.84
605.84
3137BVZ82 FHMS K-063 A2 3.43
01/25/2027
02/06/2024
02/09/2024
110,000.00
107,891.57

0.00 0.00
107,976.03
314.42
314.42
314.42
314.42

84.46 0.00

84.46 398.88
398.88
3137FETN0 FHMS K-073 A2 3.35
01/25/2028
05/24/2023
05/30/2023
160,000.00
156,050.45

0.00 0.00
156,154.38
446.67
446.67
446.67
446.67
103.94

0.00 103.94
550.61
550.61
3137FHPJ6 FHMS K-080 A2 3.926
07/25/2028
01/23/2024
01/26/2024
110,000.00
108,127.13

0.00 0.00
108,169.21
359.88
359.88
359.88
359.88

42.09 0.00

42.09 401.97
401.97
3137FJEH8 FHMS K-081 A2 3.9
08/25/2028
09/15/2023
09/20/2023
105,000.00
101,804.92

0.00 0.00
101,874.98
341.25
341.25
341.25
341.25

70.06 0.00

70.06 411.31
411.31
3137FJKE8 FHMS K-082 A2 3.92
09/25/2028
09/20/2024
09/25/2024
54,000.00
54,128.64

0.00 0.00
54,125.89
176.40
176.40
176.40
176.40

0.00 (2.75)
(2.75)
173.65
173.65
3137FJXV6 FHMS K-083 A2 4.05
09/25/2028
03/13/2024
03/18/2024
100,000.00
98,346.05

0.00 0.00
98,381.45
337.50
337.50
337.50
337.50

35.41 0.00

35.41 372.91
372.91
3137FKZZ2 FHMS K-088 A2 3.69
01/25/2029
01/18/2024
01/25/2024
110,000.00
107,099.84

0.00 0.00
107,156.62
338.25
338.25
338.25
338.25

56.79 0.00

56.79 395.04
395.04
3137H4BY5 FHMS K-746 A2 2.031
09/25/2028
10/03/2023
10/06/2023
110,000.00
98,778.19

0.00 0.00
99,018.41
186.18
186.18
186.18
186.18
240.22

0.00 240.22
426.40
426.40

Page 76 ends

0.00 0.00
104,552.05
216.58
216.58
216.58
216.58
208.66

0.00 208.66
425.24
425.24
362554AC1 GMCAR 2021-4 A3 0.68
09/16/2026
10/13/2021
10/21/2021
3,451.15
4,355.53

0.00 (904.40)
3,451.13

1.23 2.47

0.98 2.21

0.01 0.00

0.01 2.22

2.22 362583AD8 GMCAR 2023-2 A3 4.47
02/16/2028
04/04/2023
04/12/2023
37,874.34
39,999.31

0.00 (2,125.66)
37,873.71

74.50 149.00

70.54 145.04

0.05 0.00

0.05 145.09
145.09
36265WAD5 GMCAR 2022-3 A3 3.64
04/16/2027
07/06/2022
07/13/2022
14,398.87
16,116.34

0.00 (1,717.51)
14,398.83

24.44 48.89

21.84 46.29

0.01 0.00

0.01 46.29

46.29 36269FAD8 GMALT 2024-1 A3 5.09
03/22/2027
02/08/2024
02/15/2024
65,000.00
64,994.41

0.00 0.00
64,994.61
101.09
275.71
101.09
275.71

0.20 0.00

0.20 275.91
275.91
379929AD4 GMALT 2023-3 A3 5.38
11/20/2026
08/08/2023
08/16/2023
10,000.00
9,999.34

0.00 0.00
9,999.37

16.44 44.83

0.03 0.00

0.03 44.86

44.86 38012QAD0 GMALT 2024-3 A3 4.21
10/20/2027
09/24/2024
10/02/2024
30,000.00
29,996.84

0.00 0.00
29,996.93

38.59 105.25

0.09 0.00

0.09 105.34
105.34
380146AC4 GMCAR 2022-1 A3 1.26
11/16/2026
01/11/2022
01/19/2022
4,659.64
5,664.76

0.00 (1,005.24)
4,659.54

2.97 5.95

2.45 5.42

0.03 0.00

0.03 5.45

5.45 38014AAD3 GMCAR 2024-4 A3 4.4
08/16/2029
10/08/2024
10/16/2024
35,000.00
34,993.67

0.00 0.00
34,993.78

64.17 128.33

0.11 0.00

0.11 128.44
128.44

Page 77 ends

0.00 0.00
39,997.78
604.44

0.00 737.78
133.33

0.31 0.00

0.31 133.65
133.65
437076DC3 HOME DEPOT INC 4.75
06/25/2029 75,000.00
74,871.40

0.00 0.00
74,873.59
356.25

0.00 653.13
296.88

4.95 (2.75)

2.19 299.07
299.07
438123AC5 HAROT 2023-4 A3 5.67
06/21/2028
11/01/2023
11/08/2023
35,000.00
34,995.49

0.00 0.00
34,995.59

55.13 165.38

0.10 0.00

0.10 165.48
165.48
43815BAC4 HAROT 2022-1 A3 1.88
05/15/2026
02/15/2022
02/23/2022
12,407.32
14,846.18

0.00 (2,439.32)
12,406.95

12.41 23.26

10.37 21.22

0.10 0.00

0.10 21.32

21.32 43815GAC3 HAROT 2021-4 A3 0.88
01/21/2026
11/16/2021
11/24/2021
2,968.96
4,225.64

0.00 (1,256.81)
2,968.88

1.03 3.10

0.73 2.79

0.04 0.00

0.04 2.84

2.84 43815JAC7 HAROT 2023-1 A3 5.04
04/21/2027
02/16/2023
02/24/2023
20,287.49
22,002.05

0.00 (1,716.74)
20,285.55

30.81 92.42

28.40 90.02

0.24 0.00

0.24 90.26

90.26 43815PAC3 HAROT 2022-2 A3 3.73
07/20/2026
08/15/2022
08/24/2022
14,154.23
16,159.30

0.00 (2,005.37)
14,153.98

21.77 50.23

19.07 47.53

0.05 0.00

0.05 47.58

47.58 438516CJ3 HONEYWELL INTERNATIONAL
INC 4.95 02/15/2028
02/13/2023
02/15/2023
125,000.00
126,683.81

0.00 0.00
126,640.08
2,853.13
3,093.75
275.00
515.63

0.00 (43.74)
(43.74)
471.89
471.89
448973AD9 HART 2024-A A3 4.99
02/15/2029
03/11/2024
03/20/2024
45,000.00
44,991.84

0.00 0.00
44,991.99

99.80 187.12

0.16 0.00

0.16 187.28
187.28

Page 78 ends

0.00 0.00
49,996.64

98.00 183.75

0.06 0.00

0.06 183.81
183.81
448979AD6 HART 2023-A A3 4.58
04/15/2027
04/04/2023
04/12/2023
39,680.01
43,322.59

0.00 (3,644.89)
39,677.96

88.19 165.36

80.77 157.94

0.27 0.00

0.27 158.21
158.21
44934QAD3 HART 2024-B A3 4.84
03/15/2029
07/16/2024
07/24/2024
30,000.00
29,995.98

0.00 0.00
29,996.06

64.53 121.00

0.07 0.00

0.07 121.07
121.07
44935FAD6 HART 2021-C A3 0.74
05/15/2026
11/09/2021
11/17/2021
521.80
1,570.78

0.00 (1,049.04)
521.78

0.52 0.97

0.17 0.63

0.04 0.00

0.04 0.67

0.67 4581X0EM6

INTER-AMERICAN
DEVELOPMENT BANK 4.375
02/01/2027
12/05/2023
12/12/2023
215,000.00
214,883.69

0.00 0.00
214,888.15
4,703.13
4,703.13
783.85
783.86

4.46 0.00

4.46 788.32
788.32
459058KT9

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.5 07/12/2028
09/07/2023
09/11/2023
140,000.00
135,544.70

0.00 0.00
135,643.94
258.61

0.00 666.94
408.33

99.24 0.00

99.24 507.58
507.58
459058KW2

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 4.625 08/01/2028 115,000.00
113,961.32

0.00 0.00
113,984.10
2,659.38
2,659.95
443.23
443.80

22.77 0.00

22.77 466.58
466.58
45950KDF4 INTERNATIONAL FINANCE
CORP 4.375 01/15/2027
11/29/2023
12/06/2023
80,000.00
79,836.31

0.00 0.00
79,842.74
155.59

0.00 447.32
291.73

6.43 0.00

6.43 298.16
298.16
46647PEU6 JPMORGAN CHASE & CO

4.915 01/24/2029
01/16/2025
01/24/2025
65,000.00
65,000.00

0.00 0.00
65,000.00

62.12 0.00
328.35
266.23

0.00 0.00

0.00 266.23
266.23

Page 79 ends

0.00 0.00
104,995.03
255.73
479.50
255.73
479.50

0.12 0.00

0.12 479.62
479.62
47787JAC2 JDOT 2022 A3 0.36
09/15/2026
03/10/2022
03/16/2022
9,655.98
11,493.06

0.00 (1,837.74)
9,655.45

11.85 22.22

9.96 20.33

0.13 0.00

0.13 20.46

20.46 47789QAC4 JDOT 2021-B A3 0.52
03/16/2026
07/13/2021
07/21/2021
2,302.80
4,247.66

0.00 (1,944.91)
2,302.78

0.98 1.84

0.53 1.39

0.03 0.00

0.03 1.42

1.42 47800AAC4 JDOT 2022-B A3 3.74
02/16/2027
07/12/2022
07/20/2022
22,203.15
25,230.60

0.00 (3,028.34)
22,202.40

41.94 78.64

36.91 73.61

0.14 0.00

0.14 73.74

73.74 58769GAD5 MBALT 2024-B A3 4.23
02/15/2028
09/17/2024
09/25/2024
45,000.00
44,993.22

0.00 0.00
44,993.39

84.60 158.63

0.17 0.00

0.17 158.80
158.80
58770AAC7 MBART 2023-1 A3 4.51
11/15/2027
01/18/2023
01/25/2023
24,476.29
26,437.11

0.00 (1,962.60)
24,474.68

53.00 99.37

49.06 95.44

0.18 0.00

0.18 95.61

95.61 58933YBH7 MERCK & CO INC 4.05
05/17/2028
05/08/2023
05/17/2023
30,000.00
29,984.03

0.00 0.00
29,984.40
249.75

0.00 351.00
101.25

0.37 0.00

0.37 101.62
101.62
6174468C6 MORGAN STANLEY 4.0
07/23/2025
03/15/2024
03/19/2024
140,000.00
139,176.57

0.00 0.00
139,310.62
124.44

0.00 591.11
466.67
134.05

0.00 134.05
600.71
600.71
61747YET8 MORGAN STANLEY 4.679
07/17/2026
07/18/2022
07/20/2022
60,000.00
60,000.00

0.00 0.00
60,000.00
109.18

0.00 343.13
233.95

0.00 0.00

0.00 233.95
233.95

Page 80 ends

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

3.45 06/15/2025
04/27/2022
05/04/2022
35,000.00
34,999.18

0.00 0.00
34,999.35
154.29

0.00 254.92
100.63

0.17 0.00

0.17 100.80
100.80
63743HFT4

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

4.12 09/16/2027
11/18/2024
11/19/2024
140,000.00
138,314.53

0.00 0.00
138,363.84
2,163.00

0.00 2,643.67
480.67

49.31 0.00

49.31 529.98
529.98
665859AW4 NORTHERN TRUST CORP 4.0
05/10/2027
09/28/2022
09/30/2022
150,000.00
147,735.17

0.00 0.00
147,811.76
1,350.00

0.00 1,850.00
500.00

76.59 0.00

76.59 576.59
576.59
69371RS56 PACCAR FINANCIAL CORP

5.05 08/10/2026
12/08/2023
12/13/2023
80,000.00
80,098.31

0.00 0.00
80,093.35
1,919.00
2,020.00
235.67
336.67

0.00 (4.96)
(4.96)
331.71
331.71
69371RT48 PACCAR FINANCIAL CORP 4.0
09/26/2029
09/23/2024
09/26/2024
70,000.00
69,865.91

0.00 0.00
69,868.12
972.22

0.00 1,205.56
233.33

2.21 0.00

2.21 235.54
235.54
78016HZT0 ROYAL BANK OF CANADA

4.875 01/19/2027
01/10/2024
01/19/2024
105,000.00
104,982.83

0.00 0.00
104,983.50
170.63

0.00 597.19
426.56

0.67 0.00

0.67 427.23
427.23
79466LAF1 SALESFORCE INC 3.7
04/11/2028
08/21/2024
08/22/2024
140,000.00
138,351.81

0.00 0.00
138,391.42
1,582.78

0.00 2,014.44
431.67

39.61 0.00

39.61 471.28
471.28
857477BR3 STATE STREET CORP 1.746
02/06/2026
02/02/2022
02/07/2022

0.00 35,000.00

0.00 (35,000.00)

0.00 297.06
305.55

0.00 8.49

0.00 0.00

0.00 8.49

8.49 857477CL5 STATE STREET CORP 4.993
03/18/2027
03/13/2024
03/18/2024
125,000.00
125,000.00

0.00 0.00
125,000.00
2,305.80

0.00 2,825.90
520.10

0.00 0.00

0.00 520.10
520.10

Page 81 ends

5.264 12/11/2026
12/04/2023
12/11/2023
55,000.00
55,000.00

0.00 0.00
55,000.00
402.11

0.00 643.38
241.27

0.00 0.00

0.00 241.27
241.27
89236TMS1 TOYOTA MOTOR CREDIT
CORP 4.35 10/08/2027
02/24/2025
02/25/2025
140,000.00

0.00 139,610.80

0.00 139,612.43

0.00 (2,283.75)
2,385.25
101.50

1.63 0.00

1.63 103.13
103.13
89238DAD0 TAOT 2024-A A3 4.83
10/16/2028
01/23/2024
01/30/2024
60,000.00
59,990.56

0.00 0.00
59,990.75
128.80
241.50
128.80
241.50

0.20 0.00

0.20 241.70
241.70
89239FAD4 TAOT 2023-D A3 5.54
08/15/2028
11/07/2023
11/14/2023
45,000.00
44,996.39

0.00 0.00
44,996.47
110.80
207.75
110.80
207.75

0.08 0.00

0.08 207.83
207.83
9128286L9 UNITED STATES TREASURY

2.25 03/31/2026 275,000.00
272,477.41

0.00 0.00
272,644.39
2,107.83

0.00 2,583.79
475.96
199.76
(32.78)
166.98
642.94
642.94
912828J27 UNITED STATES TREASURY 2.0
02/15/2025
06/25/2024
06/26/2024

0.00 249,695.01

0.00 (250,000.00)

0.00 2,309.78
2,500.00

0.00 190.22
304.99

0.00 304.99
495.21
495.21
912828K74 UNITED STATES TREASURY 2.0
08/15/2025
11/18/2024
11/19/2024
150,000.00
148,088.62

0.00 0.00
148,363.08
1,385.87
1,500.00
116.02
230.15
274.45

0.00 274.45
504.61
504.61
912828R36 UNITED STATES TREASURY

1.625 05/15/2026 265,000.00
261,551.62

0.00 0.00
261,757.93
927.87

0.00 1,260.95
333.08
263.74
(57.43)
206.31
539.39
539.39
912828U24 UNITED STATES TREASURY 2.0
11/15/2026
03/29/2022
03/30/2022
265,000.00
262,533.40

0.00 0.00
262,639.33
1,141.99

0.00 1,551.93
409.94
105.93

0.00 105.93
515.87
515.87

Page 82 ends

2.375 05/15/2027 275,000.00
271,554.55

0.00 0.00
271,670.37
1,407.29

0.00 1,912.47
505.18
115.81

0.00 115.81
620.99
620.99
912828YG9 UNITED STATES TREASURY

1.625 09/30/2026
12/28/2021
12/29/2021
200,000.00
201,232.68

0.00 0.00
201,175.73
1,107.14

0.00 1,357.14
250.00

0.00 (56.96)
(56.96)
193.04
193.04
912828ZF0 UNITED STATES TREASURY 0.5
03/31/2025
03/25/2021
03/29/2021
125,000.00
124,984.51

0.00 0.00
124,991.99
212.91

0.00 260.99

48.08 7.48

0.00 7.48

55.55 55.55
912828ZT0 UNITED STATES TREASURY

0.25 05/31/2025
02/25/2021
02/26/2021
250,000.00
249,719.75

0.00 0.00
249,785.69
108.17

0.00 156.25

48.08 65.94

0.00 65.94
114.02
114.02
91282CAZ4 UNITED STATES TREASURY

0.375 11/30/2025
12/09/2020
12/10/2020
175,000.00
174,949.98

0.00 0.00
174,954.62
113.58

0.00 164.06

50.48 4.64

0.00 4.64

55.12 55.12
91282CEF4 UNITED STATES TREASURY 2.5
03/31/2027
05/25/2022
05/26/2022
200,000.00
199,060.91

0.00 0.00
199,094.28
1,703.30

0.00 2,087.91
384.62

33.37 0.00

33.37 417.98
417.98
91282CEH0 UNITED STATES TREASURY

2.625 04/15/2025
07/29/2024
07/30/2024
150,000.00
149,317.94

0.00 0.00
149,579.55
1,179.09

0.00 1,481.97
302.88
261.61

0.00 261.61
564.50
564.50
91282CEU1 UNITED STATES TREASURY

2.875 06/15/2025
08/21/2024
08/22/2024
150,000.00
149,114.39

0.00 0.00
149,299.44
568.68

0.00 900.41
331.73
185.05

0.00 185.05
516.78
516.78
91282CEY3 UNITED STATES TREASURY 3.0
07/15/2025
06/23/2023
06/26/2023
260,000.00
258,123.40

0.00 0.00
258,443.79
366.30

0.00 969.61
603.32
320.40

0.00 320.40
923.71
923.71

Page 83 ends

0.00 0.00
149,392.94
2,015.88

0.00 2,421.96
406.08

85.85 0.00

85.85 491.92
491.92
91282CFM8 UNITED STATES TREASURY

4.125 09/30/2027
10/26/2022
10/27/2022
260,000.00
259,610.79

0.00 0.00
259,622.02
3,653.57

0.00 4,478.57
825.00

11.22 0.00

11.22 836.22
836.22
91282CGC9 UNITED STATES TREASURY

3.875 12/31/2027 300,000.00
297,498.04

0.00 0.00
297,563.94
1,027.62

0.00 1,926.80
899.17

65.90 0.00

65.90 965.07
965.07
91282CGT2 UNITED STATES TREASURY

3.625 03/31/2028
04/19/2023
04/20/2023
240,000.00
239,251.61

0.00 0.00
239,269.77
2,963.74

0.00 3,632.97
669.23

18.16 0.00

18.16 687.39
687.39
91282CHH7 UNITED STATES TREASURY

4.125 06/15/2026
10/21/2024
10/22/2024
100,000.00
100,103.79

0.00 0.00
100,097.96
543.96

0.00 861.26
317.31

0.00 (5.82)
(5.82)
311.48
311.48
91282CHK0 UNITED STATES TREASURY 4.0
06/30/2028
12/30/2024
12/31/2024
200,000.00
198,004.42

0.00 0.00
198,049.30
707.18

0.00 1,325.97
618.78

44.88 0.00

44.88 663.67
663.67
91282CKJ9 UNITED STATES TREASURY 4.5
04/15/2027
02/24/2025
02/25/2025
140,000.00

0.00 140,880.47

0.00 140,875.95

0.00 (2,301.92)
2,371.15

69.23 0.00
(4.52)
(4.52)

64.71 64.71
91282CLK5 UNITED STATES TREASURY

3.625 08/31/2029
09/25/2024
09/26/2024
175,000.00
175,857.23

0.00 0.00
175,842.87
2,698.72
3,171.88

17.24 490.40

0.00 (14.36)
(14.36)
476.04
476.04
931142ER0 WALMART INC 1.05
09/17/2026
09/08/2021
09/17/2021
25,000.00
24,984.65

0.00 0.00
24,985.38

97.71 0.00
119.58

21.88 0.72

0.00 0.72

22.60 22.60

Page 84 ends

0.00 0.00
29,996.90
461.50

0.00 559.00

97.50 0.45

0.00 0.45

97.95 97.95
Total Fixed Income 11,238,711.24
11,106,387.00
350,398.17
(313,442.47)
11,147,645.64
82,601.29
26,404.92
87,506.66
31,310.30
4,716.55
(413.61)
4,302.94
35,613.23 35,613.23
TOTAL PORTFOLIO 11,566,383.31
11,443,165.18
692,033.77
(666,130.82)
11,474,196.37
82,601.29
26,997.91
87,506.66
31,903.29
5,699.58
(413.61)
5,285.97
37,189.25 37,189.25

Page 85 ends

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount MARCH 2025
03/10/2025 Coupon 3130ATS57 275,000.00 FEDERAL HOME LOAN BANKS 4.5 03/10/2028 6,187.50 6,187.50 03/10/2025 Coupon 931142EW9 30,000.00 WALMART INC 3.9 09/09/2025 585.00 585.00 03/17/2025 Coupon 02582JKD1 115,000.00 AMXCA 2023-3 A 5.23 09/15/2028 501.21 501.21 03/17/2025 Coupon 02582JKH2 100,000.00 AMXCA 2024-1 A 5.23 04/16/2029 435.83 435.83 03/17/2025 Coupon 362554AC1 3,451.15 GMCAR 2021-4 A3 0.68 09/16/2026 2.35 2.35 03/17/2025 Principal Paydown 362554AC1 3,451.15 GMCAR 2021-4 A3 0.68 09/16/2026 790.35 790.35 03/17/2025 Coupon 362583AD8 37,874.34 GMCAR 2023-2 A3 4.47 02/16/2028 141.89 141.89 03/17/2025 Principal Paydown 362583AD8 37,874.34 GMCAR 2023-2 A3 4.47 02/16/2028 2,326.22 2,326.22 03/17/2025 Coupon 36265WAD5 14,398.87 GMCAR 2022-3 A3 3.64 04/16/2027 44.13 44.13 03/17/2025 Principal Paydown 36265WAD5 14,398.87 GMCAR 2022-3 A3 3.64 04/16/2027 1,456.53 1,456.53 03/17/2025 Coupon 380146AC4 4,659.64 GMCAR 2022-1 A3 1.26 11/16/2026 4.97 4.97 03/17/2025 Principal Paydown 380146AC4 4,659.64 GMCAR 2022-1 A3 1.26 11/16/2026 906.27 906.27 03/17/2025 Coupon 38014AAD3 35,000.00 GMCAR 2024-4 A3 4.4 08/16/2029 128.33 128.33 03/17/2025 Coupon 437076CR1 40,000.00 HOME DEPOT INC 4.0 09/15/2025 800.00 800.00 03/17/2025 Coupon 43815BAC4 12,407.32 HAROT 2022-1 A3 1.88 05/15/2026 19.73 19.73 03/17/2025 Principal Paydown 43815BAC4 12,407.32 HAROT 2022-1 A3 1.88 05/15/2026 2,190.58 2,190.58 03/17/2025 Coupon 448973AD9 45,000.00 HART 2024-A A3 4.99 02/15/2029 187.13 187.13 03/17/2025 Coupon 448976AD2 50,000.00 HART 2024-C A3 4.41 05/15/2029 183.75 183.75 03/17/2025 Coupon 448979AD6 39,680.01 HART 2023-A A3 4.58 04/15/2027 152.89 152.89 03/17/2025 Principal Paydown 448979AD6 39,680.01 HART 2023-A A3 4.58 04/15/2027 3,165.25 3,165.25 03/17/2025 Coupon 44934QAD3 30,000.00 HART 2024-B A3 4.84 03/15/2029 121.00 121.00 03/17/2025 Coupon 44935FAD6 521.80 HART 2021-C A3 0.74 05/15/2026 0.40 0.40 03/17/2025 Effective Maturity 44935FAD6 521.80 HART 2021-C A3 0.74 05/15/2026 647.85 647.85 03/17/2025 Coupon 47787CAC7 105,000.00 JDOT 2023-C A3 5.48 05/15/2028 479.50 479.50 03/17/2025 Coupon 47787JAC2 9,655.98 JDOT 2022 A3 0.36 09/15/2026 19.40 19.40 03/17/2025 Principal Paydown 47787JAC2 9,655.98 JDOT 2022 A3 0.36 09/15/2026 1,207.02 1,207.02 03/17/2025 Coupon 47789QAC4 2,302.80 JDOT 2021-B A3 0.52 03/16/2026 1.12 1.12 03/17/2025 Principal Paydown 47789QAC4 2,302.80 JDOT 2021-B A3 0.52 03/16/2026 1,431.28 1,431.28 03/17/2025 Coupon 47800AAC4 22,203.15 JDOT 2022-B A3 3.74 02/16/2027 69.20 69.20 03/17/2025 Principal Paydown 47800AAC4 22,203.15 JDOT 2022-B A3 3.74 02/16/2027 2,004.22 2,004.22 03/17/2025 Coupon 58769GAD5 45,000.00 MBALT 2024-B A3 4.23 02/15/2028 158.63 158.63

Page 86 ends

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 03/17/2025 Coupon 58770AAC7 24,476.29 MBART 2023-1 A3 4.51 11/15/2027 93.25 93.25 03/17/2025 Principal Paydown 58770AAC7 24,476.29 MBART 2023-1 A3 4.51 11/15/2027 1,568.53 1,568.53 03/17/2025 Coupon 63743HFT4 140,000.00 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 4.12 09/16/2027 2,884.00 2,884.00
03/17/2025 Coupon 89238DAD0 60,000.00 TAOT 2024-A A3 4.83 10/16/2028 241.50 241.50 03/17/2025 Coupon 89239FAD4 45,000.00 TAOT 2023-D A3 5.54 08/15/2028 207.75 207.75 03/17/2025 Coupon 91282CFK2 150,000.00 UNITED STATES TREASURY 3.5 09/15/2025 2,625.00 2,625.00 03/17/2025 Coupon 931142ER0 25,000.00 WALMART INC 1.05 09/17/2026 131.25 131.25 03/18/2025 Coupon 43815PAC3 14,154.23 HAROT 2022-2 A3 3.73 07/20/2026 44.91 44.91 03/18/2025 Principal Paydown 43815PAC3 14,154.23 HAROT 2022-2 A3 3.73 07/20/2026 1,810.49 1,810.49 03/18/2025 Coupon 857477CL5 125,000.00 STATE STREET CORP 4.993 03/18/2027 3,120.63 3,120.63 03/18/2025 Final Maturity 912797NR4 150,000.00 UNITED STATES TREASURY 03/18/2025 150,000.00 150,000.00 03/20/2025 Coupon 36269FAD8 65,000.00 GMALT 2024-1 A3 5.09 03/22/2027 275.71 275.71 03/20/2025 Coupon 379929AD4 10,000.00 GMALT 2023-3 A3 5.38 11/20/2026 44.83 44.83 03/20/2025 Principal Paydown 379929AD4 10,000.00 GMALT 2023-3 A3 5.38 11/20/2026 570.56 570.56 03/20/2025 Coupon 38012QAD0 30,000.00 GMALT 2024-3 A3 4.21 10/20/2027 105.25 105.25 03/21/2025 Coupon 438123AC5 35,000.00 HAROT 2023-4 A3 5.67 06/21/2028 165.38 165.38 03/21/2025 Coupon 43815GAC3 2,968.96 HAROT 2021-4 A3 0.88 01/21/2026 2.27 2.27 03/21/2025 Principal Paydown 43815GAC3 2,968.96 HAROT 2021-4 A3 0.88 01/21/2026 1,095.10 1,095.10 03/21/2025 Coupon 43815JAC7 20,287.49 HAROT 2023-1 A3 5.04 04/21/2027 86.78 86.78 03/21/2025 Principal Paydown 43815JAC7 20,287.49 HAROT 2023-1 A3 5.04 04/21/2027 1,560.34 1,560.34 03/25/2025 Coupon 05593AAC3 540.69 BMWLT 2023-1 A3 5.16 11/25/2025 2.33 2.33 03/25/2025 Effective Maturity 05593AAC3 540.69 BMWLT 2023-1 A3 5.16 11/25/2025 540.69 540.69 03/25/2025 Coupon 3137BNGT5 165,128.52 FHMS K-054 A2 2.745 01/25/2026 377.73 377.73 03/25/2025 Principal Paydown 3137BNGT5 165,128.52 FHMS K-054 A2 2.745 01/25/2026 370.99 370.99 03/25/2025 Coupon 3137BVZ82 110,000.00 FHMS K-063 A2 3.43 01/25/2027 314.42 314.42 03/25/2025 Coupon 3137FETN0 160,000.00 FHMS K-073 A2 3.35 01/25/2028 446.67 446.67 03/25/2025 Coupon 3137FHPJ6 110,000.00 FHMS K-080 A2 3.926 07/25/2028 359.88 359.88 03/25/2025 Coupon 3137FJEH8 105,000.00 FHMS K-081 A2 3.9 08/25/2028 341.25 341.25 03/25/2025 Coupon 3137FJKE8 54,000.00 FHMS K-082 A2 3.92 09/25/2028 176.40 176.40 03/25/2025 Coupon 3137FJXV6 100,000.00 FHMS K-083 A2 4.05 09/25/2028 337.50 337.50 03/25/2025 Coupon 3137FKZZ2 110,000.00 FHMS K-088 A2 3.69 01/25/2029 338.25 338.25

Page 87 ends

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 03/25/2025 Coupon 3137H4BY5 110,000.00 FHMS K-746 A2 2.031 09/25/2028 186.18 186.18 03/25/2025 Coupon 3137H5YC5 115,000.00 FHMS K-748 A2 2.26 01/25/2029 216.58 216.58 03/26/2025 Coupon 69371RT48 70,000.00 PACCAR FINANCIAL CORP 4.0 09/26/2029 1,400.00 1,400.00 03/31/2025 Coupon 9128286L9 275,000.00 UNITED STATES TREASURY 2.25 03/31/2026 3,093.75 3,093.75 03/31/2025 Coupon 912828YG9 200,000.00 UNITED STATES TREASURY 1.625 09/30/2026 1,625.00 1,625.00 03/31/2025 Coupon 912828ZF0 125,000.00 UNITED STATES TREASURY 0.5 03/31/2025 312.50 312.50 03/31/2025 Final Maturity 912828ZF0 125,000.00 UNITED STATES TREASURY 0.5 03/31/2025 125,000.00 125,000.00 03/31/2025 Coupon 91282CEF4 200,000.00 UNITED STATES TREASURY 2.5 03/31/2027 2,500.00 2,500.00 03/31/2025 Coupon 91282CFM8 260,000.00 UNITED STATES TREASURY 4.125 09/30/2027 5,362.50 5,362.50 03/31/2025 Coupon 91282CGT2 240,000.00 UNITED STATES TREASURY 3.625 03/31/2028 4,350.00 4,350.00 March 2025 Total 298,642.27 41,993.39 340,635.65
APRIL 2025
04/01/2025 Coupon 13063D7D4 100,000.00 CALIFORNIA STATE 5.5 10/01/2028 2,750.00 2,750.00 04/08/2025 Coupon 89236TMS1 140,000.00 TOYOTA MOTOR CREDIT CORP 4.35 10/08/2027 3,011.17 3,011.17 04/09/2025 Coupon 3130B3A29 200,000.00 FEDERAL HOME LOAN BANKS 4.0 10/09/2026 3,955.56 3,955.56 04/11/2025 Coupon 79466LAF1 140,000.00 SALESFORCE INC 3.7 04/11/2028 2,590.00 2,590.00 04/15/2025 Coupon 02582JKD1 115,000.00 AMXCA 2023-3 A 5.23 09/15/2028 501.21 501.21 04/15/2025 Coupon 02582JKH2 100,000.00 AMXCA 2024-1 A 5.23 04/16/2029 435.83 435.83 04/15/2025 Coupon 20030NCS8 140,000.00 COMCAST CORP 3.95 10/15/2025 2,765.00 2,765.00 04/15/2025 Coupon 43815BAC4 12,407.32 HAROT 2022-1 A3 1.88 05/15/2026 16.29 16.29 04/15/2025 Principal Paydown 43815BAC4 12,407.32 HAROT 2022-1 A3 1.88 05/15/2026 2,217.41 2,217.41 04/15/2025 Coupon 448973AD9 45,000.00 HART 2024-A A3 4.99 02/15/2029 187.13 187.13 04/15/2025 Coupon 448976AD2 50,000.00 HART 2024-C A3 4.41 05/15/2029 183.75 183.75 04/15/2025 Coupon 448979AD6 39,680.01 HART 2023-A A3 4.58 04/15/2027 140.81 140.81 04/15/2025 Principal Paydown 448979AD6 39,680.01 HART 2023-A A3 4.58 04/15/2027 3,291.48 3,291.48 04/15/2025 Coupon 44934QAD3 30,000.00 HART 2024-B A3 4.84 03/15/2029 121.00 121.00 04/15/2025 Coupon 47787CAC7 105,000.00 JDOT 2023-C A3 5.48 05/15/2028 479.50 479.50 04/15/2025 Coupon 47787JAC2 9,655.98 JDOT 2022 A3 0.36 09/15/2026 17.06 17.06 04/15/2025 Principal Paydown 47787JAC2 9,655.98 JDOT 2022 A3 0.36 09/15/2026 1,544.57 1,544.57 04/15/2025 Coupon 47789QAC4 2,302.80 JDOT 2021-B A3 0.52 03/16/2026 0.50 0.50 04/15/2025 Effective Maturity 47789QAC4 2,302.80 JDOT 2021-B A3 0.52 03/16/2026 1,153.81 1,153.81 04/15/2025 Coupon 47800AAC4 22,203.15 JDOT 2022-B A3 3.74 02/16/2027 62.95 62.95

Page 88 ends

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 04/15/2025 Principal Paydown 47800AAC4 22,203.15 JDOT 2022-B A3 3.74 02/16/2027 2,721.84 2,721.84 04/15/2025 Coupon 58769GAD5 45,000.00 MBALT 2024-B A3 4.23 02/15/2028 158.63 158.63 04/15/2025 Coupon 58770AAC7 24,476.29 MBART 2023-1 A3 4.51 11/15/2027 87.36 87.36 04/15/2025 Principal Paydown 58770AAC7 24,476.29 MBART 2023-1 A3 4.51 11/15/2027 1,637.17 1,637.17 04/15/2025 Coupon 89238DAD0 60,000.00 TAOT 2024-A A3 4.83 10/16/2028 241.50 241.50 04/15/2025 Coupon 89239FAD4 45,000.00 TAOT 2023-D A3 5.54 08/15/2028 207.75 207.75 04/15/2025 Coupon 91282CEH0 150,000.00 UNITED STATES TREASURY 2.625 04/15/2025 1,968.75 1,968.75 04/15/2025 Final Maturity 91282CEH0 150,000.00 UNITED STATES TREASURY 2.625 04/15/2025 150,000.00 150,000.00 04/15/2025 Coupon 91282CKJ9 140,000.00 UNITED STATES TREASURY 4.5 04/15/2027 3,150.00 3,150.00 04/16/2025 Coupon 362554AC1 3,451.15 GMCAR 2021-4 A3 0.68 09/16/2026 1.90 1.90 04/16/2025 Principal Paydown 362554AC1 3,451.15 GMCAR 2021-4 A3 0.68 09/16/2026 812.73 812.73 04/16/2025 Coupon 362583AD8 37,874.34 GMCAR 2023-2 A3 4.47 02/16/2028 133.22 133.22 04/16/2025 Principal Paydown 362583AD8 37,874.34 GMCAR 2023-2 A3 4.47 02/16/2028 2,449.14 2,449.14 04/16/2025 Coupon 36265WAD5 14,398.87 GMCAR 2022-3 A3 3.64 04/16/2027 39.72 39.72 04/16/2025 Principal Paydown 36265WAD5 14,398.87 GMCAR 2022-3 A3 3.64 04/16/2027 1,513.76 1,513.76 04/16/2025 Coupon 380146AC4 4,659.64 GMCAR 2022-1 A3 1.26 11/16/2026 4.01 4.01 04/16/2025 Principal Paydown 380146AC4 4,659.64 GMCAR 2022-1 A3 1.26 11/16/2026 937.50 937.50 04/16/2025 Coupon 38014AAD3 35,000.00 GMCAR 2024-4 A3 4.4 08/16/2029 128.33 128.33 04/17/2025 Final Maturity 912797KS5 150,000.00 UNITED STATES TREASURY 04/17/2025 150,000.00 150,000.00 04/18/2025 Coupon 43815PAC3 14,154.23 HAROT 2022-2 A3 3.73 07/20/2026 39.28 39.28 04/18/2025 Principal Paydown 43815PAC3 14,154.23 HAROT 2022-2 A3 3.73 07/20/2026 1,841.47 1,841.47 04/21/2025 Coupon 36269FAD8 65,000.00 GMALT 2024-1 A3 5.09 03/22/2027 275.71 275.71 04/21/2025 Coupon 379929AD4 10,000.00 GMALT 2023-3 A3 5.38 11/20/2026 42.28 42.28 04/21/2025 Principal Paydown 379929AD4 10,000.00 GMALT 2023-3 A3 5.38 11/20/2026 1,074.57 1,074.57 04/21/2025 Coupon 38012QAD0 30,000.00 GMALT 2024-3 A3 4.21 10/20/2027 105.25 105.25 04/21/2025 Coupon 438123AC5 35,000.00 HAROT 2023-4 A3 5.67 06/21/2028 165.38 165.38 04/21/2025 Coupon 43815GAC3 2,968.96 HAROT 2021-4 A3 0.88 01/21/2026 1.47 1.47 04/21/2025 Principal Paydown 43815GAC3 2,968.96 HAROT 2021-4 A3 0.88 01/21/2026 1,101.01 1,101.01 04/21/2025 Coupon 43815JAC7 20,287.49 HAROT 2023-1 A3 5.04 04/21/2027 80.22 80.22 04/21/2025 Principal Paydown 43815JAC7 20,287.49 HAROT 2023-1 A3 5.04 04/21/2027 1,605.05 1,605.05 04/25/2025 Coupon 3137BNGT5 165,128.52 FHMS K-054 A2 2.745 01/25/2026 376.88 376.88 04/25/2025 Principal Paydown 3137BNGT5 165,128.52 FHMS K-054 A2 2.745 01/25/2026 309.95 309.95

Page 89 ends

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 04/25/2025 Coupon 3137BVZ82 110,000.00 FHMS K-063 A2 3.43 01/25/2027 314.42 314.42 04/25/2025 Coupon 3137FETN0 160,000.00 FHMS K-073 A2 3.35 01/25/2028 446.67 446.67 04/25/2025 Coupon 3137FHPJ6 110,000.00 FHMS K-080 A2 3.926 07/25/2028 359.88 359.88 04/25/2025 Coupon 3137FJEH8 105,000.00 FHMS K-081 A2 3.9 08/25/2028 341.25 341.25 04/25/2025 Coupon 3137FJKE8 54,000.00 FHMS K-082 A2 3.92 09/25/2028 176.40 176.40 04/25/2025 Coupon 3137FJXV6 100,000.00 FHMS K-083 A2 4.05 09/25/2028 337.50 337.50 04/25/2025 Coupon 3137FKZZ2 110,000.00 FHMS K-088 A2 3.69 01/25/2029 338.25 338.25 04/25/2025 Coupon 3137H4BY5 110,000.00 FHMS K-746 A2 2.031 09/25/2028 186.18 186.18 04/25/2025 Coupon 3137H5YC5 115,000.00 FHMS K-748 A2 2.26 01/25/2029 216.58 216.58 04/30/2025 Coupon 09247XAP6 150,000.00 BLACKROCK FINANCE INC 3.25 04/30/2029 2,437.50 2,437.50 April 2025 Total 324,211.45 29,580.03 353,791.48
MAY 2025
05/05/2025 Coupon 00440EAV9 135,000.00 CHUBB INA HOLDINGS LLC 3.35 05/03/2026 2,261.25 2,261.25 05/06/2025 Coupon 3133ERDS7 225,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.75 05/06/2027 5,343.75 5,343.75
05/07/2025 Coupon 3135G06G3 225,000.00 FEDERAL NATIONAL MORTGAGE ASSOCIATION

0.5 11/07/2025 562.50 562.50
05/12/2025 Coupon 665859AW4 150,000.00 NORTHERN TRUST CORP 4.0 05/10/2027 3,000.00 3,000.00 05/14/2025 Coupon 14913UAL4 140,000.00 CATERPILLAR FINANCIAL SERVICES CORP 5.0 05/14/2027 3,500.00 3,500.00
05/15/2025 Coupon 02582JKD1 115,000.00 AMXCA 2023-3 A 5.23 09/15/2028 501.21 501.21 05/15/2025 Coupon 02582JKH2 100,000.00 AMXCA 2024-1 A 5.23 04/16/2029 435.83 435.83
05/15/2025 Coupon 43815BAC4 12,407.32 HAROT 2022-1 A3 1.88 05/15/2026 12.82 12.82 05/15/2025 Principal Paydown 43815BAC4 12,407.32 HAROT 2022-1 A3 1.88 05/15/2026 2,136.53 2,136.53 05/15/2025 Coupon 448973AD9 45,000.00 HART 2024-A A3 4.99 02/15/2029 187.13 187.13 05/15/2025 Coupon 448976AD2 50,000.00 HART 2024-C A3 4.41 05/15/2029 183.75 183.75 05/15/2025 Coupon 448979AD6 39,680.01 HART 2023-A A3 4.58 04/15/2027 128.24 128.24 05/15/2025 Principal Paydown 448979AD6 39,680.01 HART 2023-A A3 4.58 04/15/2027 3,154.16 3,154.16 05/15/2025 Coupon 44934QAD3 30,000.00 HART 2024-B A3 4.84 03/15/2029 121.00 121.00 05/15/2025 Coupon 47787CAC7 105,000.00 JDOT 2023-C A3 5.48 05/15/2028 479.50 479.50 05/15/2025 Coupon 47787JAC2 9,655.98 JDOT 2022 A3 0.36 09/15/2026 14.08 14.08 05/15/2025 Principal Paydown 47787JAC2 9,655.98 JDOT 2022 A3 0.36 09/15/2026 1,425.60 1,425.60

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CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 05/15/2025 Coupon 47800AAC4 22,203.15 JDOT 2022-B A3 3.74 02/16/2027 54.47 54.47 05/15/2025 Principal Paydown 47800AAC4 22,203.15 JDOT 2022-B A3 3.74 02/16/2027 2,400.16 2,400.16 05/15/2025 Coupon 58769GAD5 45,000.00 MBALT 2024-B A3 4.23 02/15/2028 158.63 158.63 05/15/2025 Coupon 58770AAC7 24,476.29 MBART 2023-1 A3 4.51 11/15/2027 81.20 81.20 05/15/2025 Principal Paydown 58770AAC7 24,476.29 MBART 2023-1 A3 4.51 11/15/2027 1,568.85 1,568.85 05/15/2025 Coupon 89238DAD0 60,000.00 TAOT 2024-A A3 4.83 10/16/2028 241.50 241.50 05/15/2025 Coupon 89239FAD4 45,000.00 TAOT 2023-D A3 5.54 08/15/2028 207.75 207.75 05/15/2025 Coupon 912828R36 265,000.00 UNITED STATES TREASURY 1.625 05/15/2026 2,153.13 2,153.13 05/15/2025 Coupon 912828U24 265,000.00 UNITED STATES TREASURY 2.0 11/15/2026 2,650.00 2,650.00 05/15/2025 Coupon 912828X88 275,000.00 UNITED STATES TREASURY 2.375 05/15/2027 3,265.63 3,265.63 05/16/2025 Coupon 362554AC1 3,451.15 GMCAR 2021-4 A3 0.68 09/16/2026 1.44 1.44 05/16/2025 Principal Paydown 362554AC1 3,451.15 GMCAR 2021-4 A3 0.68 09/16/2026 786.00 786.00 05/16/2025 Coupon 362583AD8 37,874.34 GMCAR 2023-2 A3 4.47 02/16/2028 124.10 124.10 05/16/2025 Principal Paydown 362583AD8 37,874.34 GMCAR 2023-2 A3 4.47 02/16/2028 2,311.02 2,311.02 05/16/2025 Coupon 36265WAD5 14,398.87 GMCAR 2022-3 A3 3.64 04/16/2027 35.12 35.12 05/16/2025 Principal Paydown 36265WAD5 14,398.87 GMCAR 2022-3 A3 3.64 04/16/2027 1,451.68 1,451.68 05/16/2025 Coupon 380146AC4 4,659.64 GMCAR 2022-1 A3 1.26 11/16/2026 3.03 3.03 05/16/2025 Principal Paydown 380146AC4 4,659.64 GMCAR 2022-1 A3 1.26 11/16/2026 867.37 867.37 05/16/2025 Coupon 38014AAD3 35,000.00 GMCAR 2024-4 A3 4.4 08/16/2029 128.33 128.33 05/19/2025 Coupon 3130AXU63 160,000.00 FEDERAL HOME LOAN BANKS 4.625 11/17/2026 3,700.00 3,700.00
05/19/2025 Coupon 43815PAC3 14,154.23 HAROT 2022-2 A3 3.73 07/20/2026 33.56 33.56 05/19/2025 Principal Paydown 43815PAC3 14,154.23 HAROT 2022-2 A3 3.73 07/20/2026 1,769.72 1,769.72 05/19/2025 Coupon 58933YBH7 30,000.00 MERCK & CO INC 4.05 05/17/2028 607.50 607.50 05/20/2025 Coupon 3133ERFJ5 115,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.5 05/20/2027 2,587.50 2,587.50
05/20/2025 Coupon 36269FAD8 65,000.00 GMALT 2024-1 A3 5.09 03/22/2027 275.71 275.71 05/20/2025 Coupon 379929AD4 10,000.00 GMALT 2023-3 A3 5.38 11/20/2026 37.46 37.46 05/20/2025 Principal Paydown 379929AD4 10,000.00 GMALT 2023-3 A3 5.38 11/20/2026 1,339.63 1,339.63 05/20/2025 Coupon 38012QAD0 30,000.00 GMALT 2024-3 A3 4.21 10/20/2027 105.25 105.25 05/21/2025 Coupon 438123AC5 35,000.00 HAROT 2023-4 A3 5.67 06/21/2028 165.38 165.38 05/21/2025 Coupon 43815GAC3 2,968.96 HAROT 2021-4 A3 0.88 01/21/2026 0.66 0.66

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CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 05/21/2025 Effective Maturity 43815GAC3 2,968.96 HAROT 2021-4 A3 0.88 01/21/2026 903.29 903.29 05/21/2025 Coupon 43815JAC7 20,287.49 HAROT 2023-1 A3 5.04 04/21/2027 73.48 73.48 05/21/2025 Principal Paydown 43815JAC7 20,287.49 HAROT 2023-1 A3 5.04 04/21/2027 1,538.71 1,538.71 05/26/2025 Coupon 3137BNGT5 165,128.52 FHMS K-054 A2 2.745 01/25/2026 376.17 376.17 05/26/2025 Principal Paydown 3137BNGT5 165,128.52 FHMS K-054 A2 2.745 01/25/2026 330.76 330.76 05/26/2025 Coupon 3137BVZ82 110,000.00 FHMS K-063 A2 3.43 01/25/2027 314.42 314.42 05/26/2025 Coupon 3137FETN0 160,000.00 FHMS K-073 A2 3.35 01/25/2028 446.67 446.67 05/26/2025 Coupon 3137FHPJ6 110,000.00 FHMS K-080 A2 3.926 07/25/2028 359.88 359.88 05/26/2025 Coupon 3137FJEH8 105,000.00 FHMS K-081 A2 3.9 08/25/2028 341.25 341.25 05/26/2025 Coupon 3137FJKE8 54,000.00 FHMS K-082 A2 3.92 09/25/2028 176.40 176.40 05/26/2025 Coupon 3137FJXV6 100,000.00 FHMS K-083 A2 4.05 09/25/2028 337.50 337.50 05/26/2025 Coupon 3137FKZZ2 110,000.00 FHMS K-088 A2 3.69 01/25/2029 338.25 338.25 05/26/2025 Coupon 3137H4BY5 110,000.00 FHMS K-746 A2 2.031 09/25/2028 186.18 186.18 05/26/2025 Coupon 3137H5YC5 115,000.00 FHMS K-748 A2 2.26 01/25/2029 216.58 216.58 May 2025 Total 21,983.50 36,515.19 58,498.68
JUNE 2025
06/02/2025 Coupon 26444HAH4 150,000.00 DUKE ENERGY FLORIDA LLC 2.5 12/01/2029 1,875.00 1,875.00 06/02/2025 Coupon 912828ZT0 250,000.00 UNITED STATES TREASURY 0.25 05/31/2025 312.50 312.50 06/02/2025 Final Maturity 912828ZT0 250,000.00 UNITED STATES TREASURY 0.25 05/31/2025 250,000.00 250,000.00 06/02/2025 Coupon 91282CAZ4 175,000.00 UNITED STATES TREASURY 0.375 11/30/2025 328.13 328.13 06/11/2025 Coupon 89115A2V3 55,000.00 TORONTO-DOMINION BANK 5.264 12/11/2026 1,447.60 1,447.60 06/16/2025 Coupon 02582JKD1 115,000.00 AMXCA 2023-3 A 5.23 09/15/2028 501.21 501.21 06/16/2025 Coupon 02582JKH2 100,000.00 AMXCA 2024-1 A 5.23 04/16/2029 435.83 435.83 06/16/2025 Coupon 3133EPN50 110,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.25 12/15/2028 2,337.50 2,337.50
06/16/2025 Coupon 362554AC1 3,451.15 GMCAR 2021-4 A3 0.68 09/16/2026 1.00 1.00 06/16/2025 Principal Paydown 362554AC1 3,451.15 GMCAR 2021-4 A3 0.68 09/16/2026 751.74 751.74 06/16/2025 Coupon 362583AD8 37,874.34 GMCAR 2023-2 A3 4.47 02/16/2028 115.49 115.49 06/16/2025 Principal Paydown 362583AD8 37,874.34 GMCAR 2023-2 A3 4.47 02/16/2028 2,156.63 2,156.63 06/16/2025 Coupon 36265WAD5 14,398.87 GMCAR 2022-3 A3 3.64 04/16/2027 30.72 30.72 06/16/2025 Principal Paydown 36265WAD5 14,398.87 GMCAR 2022-3 A3 3.64 04/16/2027 1,424.60 1,424.60 06/16/2025 Coupon 380146AC4 4,659.64 GMCAR 2022-1 A3 1.26 11/16/2026 2.12 2.12

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CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 06/16/2025 Principal Paydown 380146AC4 4,659.64 GMCAR 2022-1 A3 1.26 11/16/2026 848.70 848.70 06/16/2025 Coupon 38014AAD3 35,000.00 GMCAR 2024-4 A3 4.4 08/16/2029 128.33 128.33 06/16/2025 Coupon 43815BAC4 12,407.32 HAROT 2022-1 A3 1.88 05/15/2026 9.47 9.47 06/16/2025 Principal Paydown 43815BAC4 12,407.32 HAROT 2022-1 A3 1.88 05/15/2026 2,084.16 2,084.16 06/16/2025 Coupon 448973AD9 45,000.00 HART 2024-A A3 4.99 02/15/2029 187.13 187.13 06/16/2025 Coupon 448976AD2 50,000.00 HART 2024-C A3 4.41 05/15/2029 183.75 183.75 06/16/2025 Coupon 448979AD6 39,680.01 HART 2023-A A3 4.58 04/15/2027 116.20 116.20 06/16/2025 Principal Paydown 448979AD6 39,680.01 HART 2023-A A3 4.58 04/15/2027 3,095.60 3,095.60 06/16/2025 Coupon 44934QAD3 30,000.00 HART 2024-B A3 4.84 03/15/2029 121.00 121.00 06/16/2025 Coupon 47787CAC7 105,000.00 JDOT 2023-C A3 5.48 05/15/2028 479.50 479.50 06/16/2025 Principal Paydown 47787CAC7 105,000.00 JDOT 2023-C A3 5.48 05/15/2028 4,571.16 4,571.16 06/16/2025 Coupon 47787JAC2 9,655.98 JDOT 2022 A3 0.36 09/15/2026 11.32 11.32 06/16/2025 Principal Paydown 47787JAC2 9,655.98 JDOT 2022 A3 0.36 09/15/2026 1,153.61 1,153.61 06/16/2025 Coupon 47800AAC4 22,203.15 JDOT 2022-B A3 3.74 02/16/2027 46.99 46.99 06/16/2025 Principal Paydown 47800AAC4 22,203.15 JDOT 2022-B A3 3.74 02/16/2027 1,517.80 1,517.80 06/16/2025 Coupon 58769GAD5 45,000.00 MBALT 2024-B A3 4.23 02/15/2028 158.63 158.63 06/16/2025 Coupon 58770AAC7 24,476.29 MBART 2023-1 A3 4.51 11/15/2027 75.31 75.31 06/16/2025 Principal Paydown 58770AAC7 24,476.29 MBART 2023-1 A3 4.51 11/15/2027 1,540.93 1,540.93 06/16/2025 Coupon 63743HFE7 35,000.00 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 3.45 06/15/2025 603.75 603.75
06/16/2025 Final Maturity 63743HFE7 35,000.00 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 3.45 06/15/2025 35,000.00 35,000.00
06/16/2025 Coupon 89238DAD0 60,000.00 TAOT 2024-A A3 4.83 10/16/2028 241.50 241.50 06/16/2025 Coupon 89239FAD4 45,000.00 TAOT 2023-D A3 5.54 08/15/2028 207.75 207.75 06/16/2025 Coupon 91282CEU1 150,000.00 UNITED STATES TREASURY 2.875 06/15/2025 2,156.25 2,156.25 06/16/2025 Final Maturity 91282CEU1 150,000.00 UNITED STATES TREASURY 2.875 06/15/2025 150,000.00 150,000.00 06/16/2025 Coupon 91282CHH7 100,000.00 UNITED STATES TREASURY 4.125 06/15/2026 2,062.50 2,062.50 06/18/2025 Coupon 43815PAC3 14,154.23 HAROT 2022-2 A3 3.73 07/20/2026 28.06 28.06 06/18/2025 Principal Paydown 43815PAC3 14,154.23 HAROT 2022-2 A3 3.73 07/20/2026 1,591.66 1,591.66 06/20/2025 Coupon 36269FAD8 65,000.00 GMALT 2024-1 A3 5.09 03/22/2027 275.71 275.71 06/20/2025 Coupon 379929AD4 10,000.00 GMALT 2023-3 A3 5.38 11/20/2026 31.45 31.45 06/20/2025 Principal Paydown 379929AD4 10,000.00 GMALT 2023-3 A3 5.38 11/20/2026 1,216.14 1,216.14

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CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 06/20/2025 Coupon 38012QAD0 30,000.00 GMALT 2024-3 A3 4.21 10/20/2027 105.25 105.25 06/23/2025 Coupon 438123AC5 35,000.00 HAROT 2023-4 A3 5.67 06/21/2028 165.38 165.38 06/23/2025 Coupon 43815JAC7 20,287.49 HAROT 2023-1 A3 5.04 04/21/2027 67.02 67.02 06/23/2025 Principal Paydown 43815JAC7 20,287.49 HAROT 2023-1 A3 5.04 04/21/2027 1,504.82 1,504.82 06/25/2025 Coupon 3137BNGT5 165,128.52 FHMS K-054 A2 2.745 01/25/2026 375.42 375.42 06/25/2025 Principal Paydown 3137BNGT5 165,128.52 FHMS K-054 A2 2.745 01/25/2026 6,558.39 6,558.39 06/25/2025 Coupon 3137BVZ82 110,000.00 FHMS K-063 A2 3.43 01/25/2027 314.42 314.42 06/25/2025 Coupon 3137FETN0 160,000.00 FHMS K-073 A2 3.35 01/25/2028 446.67 446.67 06/25/2025 Coupon 3137FHPJ6 110,000.00 FHMS K-080 A2 3.926 07/25/2028 359.88 359.88 06/25/2025 Coupon 3137FJEH8 105,000.00 FHMS K-081 A2 3.9 08/25/2028 341.25 341.25 06/25/2025 Coupon 3137FJKE8 54,000.00 FHMS K-082 A2 3.92 09/25/2028 176.40 176.40 06/25/2025 Coupon 3137FJXV6 100,000.00 FHMS K-083 A2 4.05 09/25/2028 337.50 337.50 06/25/2025 Coupon 3137FKZZ2 110,000.00 FHMS K-088 A2 3.69 01/25/2029 338.25 338.25 06/25/2025 Coupon 3137H4BY5 110,000.00 FHMS K-746 A2 2.031 09/25/2028 186.18 186.18 06/25/2025 Coupon 3137H5YC5 115,000.00 FHMS K-748 A2 2.26 01/25/2029 216.58 216.58 06/25/2025 Coupon 437076DC3 75,000.00 HOME DEPOT INC 4.75 06/25/2029 1,781.25 1,781.25 06/30/2025 Coupon 91282CGC9 300,000.00 UNITED STATES TREASURY 3.875 12/31/2027 5,812.50 5,812.50 06/30/2025 Coupon 91282CHK0 200,000.00 UNITED STATES TREASURY 4.0 06/30/2028 4,000.00 4,000.00 June 2025 Total 465,015.93 29,535.64 494,551.56
JULY 2025
07/07/2025 Coupon 24422EXZ7 95,000.00 JOHN DEERE CAPITAL CORP 4.65 01/07/2028 2,184.21 2,184.21 07/14/2025 Coupon 459058KT9 140,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 3.5 07/12/2028 2,450.00 2,450.00
07/15/2025 Coupon 02582JKD1 115,000.00 AMXCA 2023-3 A 5.23 09/15/2028 501.21 501.21 07/15/2025 Coupon 02582JKH2 100,000.00 AMXCA 2024-1 A 5.23 04/16/2029 435.83 435.83 07/15/2025 Coupon 43815BAC4 12,407.32 HAROT 2022-1 A3 1.88 05/15/2026 6.21 6.21 07/15/2025 Principal Paydown 43815BAC4 12,407.32 HAROT 2022-1 A3 1.88 05/15/2026 2,029.88 2,029.88 07/15/2025 Coupon 448973AD9 45,000.00 HART 2024-A A3 4.99 02/15/2029 187.13 187.13 07/15/2025 Coupon 448976AD2 50,000.00 HART 2024-C A3 4.41 05/15/2029 183.75 183.75 07/15/2025 Coupon 448979AD6 39,680.01 HART 2023-A A3 4.58 04/15/2027 104.39 104.39 07/15/2025 Principal Paydown 448979AD6 39,680.01 HART 2023-A A3 4.58 04/15/2027 3,031.92 3,031.92 07/15/2025 Coupon 44934QAD3 30,000.00 HART 2024-B A3 4.84 03/15/2029 121.00 121.00

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CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 07/15/2025 Coupon 45950KDF4 80,000.00 INTERNATIONAL FINANCE CORP 4.375 01/15/2027 1,750.40 1,750.40
07/15/2025 Coupon 47787CAC7 105,000.00 JDOT 2023-C A3 5.48 05/15/2028 458.63 458.63 07/15/2025 Principal Paydown 47787CAC7 105,000.00 JDOT 2023-C A3 5.48 05/15/2028 7,284.71 7,284.71 07/15/2025 Coupon 47787JAC2 9,655.98 JDOT 2022 A3 0.36 09/15/2026 9.09 9.09 07/15/2025 Principal Paydown 47787JAC2 9,655.98 JDOT 2022 A3 0.36 09/15/2026 1,366.11 1,366.11 07/15/2025 Coupon 47800AAC4 22,203.15 JDOT 2022-B A3 3.74 02/16/2027 42.26 42.26 07/15/2025 Principal Paydown 47800AAC4 22,203.15 JDOT 2022-B A3 3.74 02/16/2027 1,285.57 1,285.57 07/15/2025 Coupon 58769GAD5 45,000.00 MBALT 2024-B A3 4.23 02/15/2028 158.63 158.63 07/15/2025 Coupon 58770AAC7 24,476.29 MBART 2023-1 A3 4.51 11/15/2027 69.52 69.52 07/15/2025 Principal Paydown 58770AAC7 24,476.29 MBART 2023-1 A3 4.51 11/15/2027 1,510.22 1,510.22 07/15/2025 Coupon 89238DAD0 60,000.00 TAOT 2024-A A3 4.83 10/16/2028 241.50 241.50 07/15/2025 Coupon 89239FAD4 45,000.00 TAOT 2023-D A3 5.54 08/15/2028 207.75 207.75 07/15/2025 Coupon 91282CEY3 260,000.00 UNITED STATES TREASURY 3.0 07/15/2025 3,900.00 3,900.00 07/15/2025 Final Maturity 91282CEY3 260,000.00 UNITED STATES TREASURY 3.0 07/15/2025 260,000.00 260,000.00 07/16/2025 Coupon 362554AC1 3,451.15 GMCAR 2021-4 A3 0.68 09/16/2026 0.57 0.57 07/16/2025 Principal Paydown 362554AC1 3,451.15 GMCAR 2021-4 A3 0.68 09/16/2026 722.19 722.19 07/16/2025 Coupon 362583AD8 37,874.34 GMCAR 2023-2 A3 4.47 02/16/2028 107.46 107.46 07/16/2025 Principal Paydown 362583AD8 37,874.34 GMCAR 2023-2 A3 4.47 02/16/2028 2,114.90 2,114.90 07/16/2025 Coupon 36265WAD5 14,398.87 GMCAR 2022-3 A3 3.64 04/16/2027 26.40 26.40 07/16/2025 Principal Paydown 36265WAD5 14,398.87 GMCAR 2022-3 A3 3.64 04/16/2027 1,393.44 1,393.44 07/16/2025 Coupon 380146AC4 4,659.64 GMCAR 2022-1 A3 1.26 11/16/2026 1.23 1.23 07/16/2025 Principal Paydown 380146AC4 4,659.64 GMCAR 2022-1 A3 1.26 11/16/2026 829.98 829.98 07/16/2025 Coupon 38014AAD3 35,000.00 GMCAR 2024-4 A3 4.4 08/16/2029 128.33 128.33 07/17/2025 Coupon 61747YET8 60,000.00 MORGAN STANLEY 4.679 07/17/2026 1,403.70 1,403.70 07/17/2025 Effective Maturity 61747YET8 60,000.00 MORGAN STANLEY 4.679 07/17/2026 60,000.00 60,000.00 07/18/2025 Coupon 43815PAC3 14,154.23 HAROT 2022-2 A3 3.73 07/20/2026 23.11 23.11 07/18/2025 Principal Paydown 43815PAC3 14,154.23 HAROT 2022-2 A3 3.73 07/20/2026 1,552.11 1,552.11 07/21/2025 Coupon 06051GLE7 135,000.00 BANK OF AMERICA CORP 5.08 01/20/2027 3,429.00 3,429.00 07/21/2025 Coupon 36269FAD8 65,000.00 GMALT 2024-1 A3 5.09 03/22/2027 275.71 275.71 07/21/2025 Principal Paydown 36269FAD8 65,000.00 GMALT 2024-1 A3 5.09 03/22/2027 710.61 710.61 07/21/2025 Coupon 379929AD4 10,000.00 GMALT 2023-3 A3 5.38 11/20/2026 26.00 26.00

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CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 07/21/2025 Principal Paydown 379929AD4 10,000.00 GMALT 2023-3 A3 5.38 11/20/2026 1,163.10 1,163.10 07/21/2025 Coupon 38012QAD0 30,000.00 GMALT 2024-3 A3 4.21 10/20/2027 105.25 105.25 07/21/2025 Coupon 438123AC5 35,000.00 HAROT 2023-4 A3 5.67 06/21/2028 165.38 165.38 07/21/2025 Coupon 43815JAC7 20,287.49 HAROT 2023-1 A3 5.04 04/21/2027 60.70 60.70 07/21/2025 Principal Paydown 43815JAC7 20,287.49 HAROT 2023-1 A3 5.04 04/21/2027 1,469.16 1,469.16 07/21/2025 Coupon 78016HZT0 105,000.00 ROYAL BANK OF CANADA 4.875 01/19/2027 2,559.38 2,559.38 07/23/2025 Coupon 6174468C6 140,000.00 MORGAN STANLEY 4.0 07/23/2025 2,800.00 2,800.00 07/23/2025 Final Maturity 6174468C6 140,000.00 MORGAN STANLEY 4.0 07/23/2025 140,000.00 140,000.00 07/24/2025 Coupon 46647PEU6 65,000.00 JPMORGAN CHASE & CO 4.915 01/24/2029 1,597.38 1,597.38 07/25/2025 Coupon 3137BNGT5 165,128.52 FHMS K-054 A2 2.745 01/25/2026 360.41 360.41 07/25/2025 Principal Paydown 3137BNGT5 165,128.52 FHMS K-054 A2 2.745 01/25/2026 3,524.30 3,524.30 07/25/2025 Coupon 3137BVZ82 110,000.00 FHMS K-063 A2 3.43 01/25/2027 314.42 314.42 07/25/2025 Coupon 3137FETN0 160,000.00 FHMS K-073 A2 3.35 01/25/2028 446.67 446.67 07/25/2025 Coupon 3137FHPJ6 110,000.00 FHMS K-080 A2 3.926 07/25/2028 359.88 359.88 07/25/2025 Coupon 3137FJEH8 105,000.00 FHMS K-081 A2 3.9 08/25/2028 341.25 341.25 07/25/2025 Coupon 3137FJKE8 54,000.00 FHMS K-082 A2 3.92 09/25/2028 176.40 176.40 07/25/2025 Coupon 3137FJXV6 100,000.00 FHMS K-083 A2 4.05 09/25/2028 337.50 337.50 07/25/2025 Coupon 3137FKZZ2 110,000.00 FHMS K-088 A2 3.69 01/25/2029 338.25 338.25 07/25/2025 Coupon 3137H4BY5 110,000.00 FHMS K-746 A2 2.031 09/25/2028 186.18 186.18 07/25/2025 Coupon 3137H5YC5 115,000.00 FHMS K-748 A2 2.26 01/25/2029 216.58 216.58 July 2025 Total 489,988.21 28,798.62 518,786.82
AUGUST 2025
08/01/2025 Coupon 4581X0EM6 215,000.00 INTER-AMERICAN DEVELOPMENT BANK 4.375 02/01/2027 4,703.13 4,703.13
08/01/2025 Coupon 459058KW2 115,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 4.625 08/01/2028 2,659.38 2,659.38
08/11/2025 Coupon 037833CJ7 150,000.00 APPLE INC 3.35 02/09/2027 2,512.50 2,512.50 08/11/2025 Coupon 69371RS56 80,000.00 PACCAR FINANCIAL CORP 5.05 08/10/2026 2,020.00 2,020.00 08/15/2025 Coupon 02582JKD1 115,000.00 AMXCA 2023-3 A 5.23 09/15/2028 501.21 501.21 08/15/2025 Coupon 02582JKH2 100,000.00 AMXCA 2024-1 A 5.23 04/16/2029 435.83 435.83 08/15/2025 Coupon 43815BAC4 12,407.32 HAROT 2022-1 A3 1.88 05/15/2026 3.03 3.03 08/15/2025 Effective Maturity 43815BAC4 12,407.32 HAROT 2022-1 A3 1.88 05/15/2026 1,932.98 1,932.98

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CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 08/15/2025 Coupon 438516CJ3 125,000.00 HONEYWELL INTERNATIONAL INC 4.95 02/15/2028 3,093.75 3,093.75
08/15/2025 Coupon 448973AD9 45,000.00 HART 2024-A A3 4.99 02/15/2029 187.13 187.13 08/15/2025 Coupon 448976AD2 50,000.00 HART 2024-C A3 4.41 05/15/2029 183.75 183.75 08/15/2025 Coupon 448979AD6 39,680.01 HART 2023-A A3 4.58 04/15/2027 92.82 92.82 08/15/2025 Principal Paydown 448979AD6 39,680.01 HART 2023-A A3 4.58 04/15/2027 2,945.40 2,945.40 08/15/2025 Coupon 44934QAD3 30,000.00 HART 2024-B A3 4.84 03/15/2029 121.00 121.00 08/15/2025 Coupon 47787CAC7 105,000.00 JDOT 2023-C A3 5.48 05/15/2028 425.36 425.36 08/15/2025 Principal Paydown 47787CAC7 105,000.00 JDOT 2023-C A3 5.48 05/15/2028 5,570.08 5,570.08 08/15/2025 Coupon 47787JAC2 9,655.98 JDOT 2022 A3 0.36 09/15/2026 6.45 6.45 08/15/2025 Principal Paydown 47787JAC2 9,655.98 JDOT 2022 A3 0.36 09/15/2026 1,237.76 1,237.76 08/15/2025 Coupon 47800AAC4 22,203.15 JDOT 2022-B A3 3.74 02/16/2027 38.25 38.25 08/15/2025 Principal Paydown 47800AAC4 22,203.15 JDOT 2022-B A3 3.74 02/16/2027 1,206.36 1,206.36 08/15/2025 Coupon 58769GAD5 45,000.00 MBALT 2024-B A3 4.23 02/15/2028 158.63 158.63 08/15/2025 Coupon 58770AAC7 24,476.29 MBART 2023-1 A3 4.51 11/15/2027 63.84 63.84 08/15/2025 Principal Paydown 58770AAC7 24,476.29 MBART 2023-1 A3 4.51 11/15/2027 1,341.66 1,341.66 08/15/2025 Coupon 89238DAD0 60,000.00 TAOT 2024-A A3 4.83 10/16/2028 241.50 241.50 08/15/2025 Coupon 89239FAD4 45,000.00 TAOT 2023-D A3 5.54 08/15/2028 207.75 207.75 08/15/2025 Coupon 912828K74 150,000.00 UNITED STATES TREASURY 2.0 08/15/2025 1,500.00 1,500.00 08/15/2025 Final Maturity 912828K74 150,000.00 UNITED STATES TREASURY 2.0 08/15/2025 150,000.00 150,000.00 08/18/2025 Coupon 362554AC1 3,451.15 GMCAR 2021-4 A3 0.68 09/16/2026 0.16 0.16 08/18/2025 Effective Maturity 362554AC1 3,451.15 GMCAR 2021-4 A3 0.68 09/16/2026 287.83 287.83 08/18/2025 Coupon 362583AD8 37,874.34 GMCAR 2023-2 A3 4.47 02/16/2028 99.58 99.58 08/18/2025 Principal Paydown 362583AD8 37,874.34 GMCAR 2023-2 A3 4.47 02/16/2028 2,052.81 2,052.81 08/18/2025 Coupon 36265WAD5 14,398.87 GMCAR 2022-3 A3 3.64 04/16/2027 22.17 22.17 08/18/2025 Principal Paydown 36265WAD5 14,398.87 GMCAR 2022-3 A3 3.64 04/16/2027 1,350.95 1,350.95 08/18/2025 Coupon 380146AC4 4,659.64 GMCAR 2022-1 A3 1.26 11/16/2026 0.36 0.36 08/18/2025 Effective Maturity 380146AC4 4,659.64 GMCAR 2022-1 A3 1.26 11/16/2026 340.13 340.13 08/18/2025 Coupon 38014AAD3 35,000.00 GMCAR 2024-4 A3 4.4 08/16/2029 128.33 128.33 08/18/2025 Coupon 43815PAC3 14,154.23 HAROT 2022-2 A3 3.73 07/20/2026 18.29 18.29 08/18/2025 Principal Paydown 43815PAC3 14,154.23 HAROT 2022-2 A3 3.73 07/20/2026 1,504.67 1,504.67 08/20/2025 Coupon 36269FAD8 65,000.00 GMALT 2024-1 A3 5.09 03/22/2027 272.69 272.69

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CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 08/20/2025 Principal Paydown 36269FAD8 65,000.00 GMALT 2024-1 A3 5.09 03/22/2027 5,109.42 5,109.42 08/20/2025 Coupon 379929AD4 10,000.00 GMALT 2023-3 A3 5.38 11/20/2026 20.78 20.78 08/20/2025 Principal Paydown 379929AD4 10,000.00 GMALT 2023-3 A3 5.38 11/20/2026 1,111.09 1,111.09 08/20/2025 Coupon 38012QAD0 30,000.00 GMALT 2024-3 A3 4.21 10/20/2027 105.25 105.25 08/21/2025 Coupon 438123AC5 35,000.00 HAROT 2023-4 A3 5.67 06/21/2028 165.38 165.38 08/21/2025 Principal Paydown 438123AC5 35,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,380.36 1,380.36 08/21/2025 Coupon 43815JAC7 20,287.49 HAROT 2023-1 A3 5.04 04/21/2027 54.53 54.53 08/21/2025 Principal Paydown 43815JAC7 20,287.49 HAROT 2023-1 A3 5.04 04/21/2027 1,424.32 1,424.32 08/25/2025 Coupon 3137BNGT5 165,128.52 FHMS K-054 A2 2.745 01/25/2026 352.35 352.35 08/25/2025 Principal Paydown 3137BNGT5 165,128.52 FHMS K-054 A2 2.745 01/25/2026 299.25 299.25 08/25/2025 Coupon 3137BVZ82 110,000.00 FHMS K-063 A2 3.43 01/25/2027 314.42 314.42 08/25/2025 Coupon 3137FETN0 160,000.00 FHMS K-073 A2 3.35 01/25/2028 446.67 446.67 08/25/2025 Coupon 3137FHPJ6 110,000.00 FHMS K-080 A2 3.926 07/25/2028 359.88 359.88 08/25/2025 Coupon 3137FJEH8 105,000.00 FHMS K-081 A2 3.9 08/25/2028 341.25 341.25 08/25/2025 Coupon 3137FJKE8 54,000.00 FHMS K-082 A2 3.92 09/25/2028 176.40 176.40 08/25/2025 Coupon 3137FJXV6 100,000.00 FHMS K-083 A2 4.05 09/25/2028 337.50 337.50 08/25/2025 Coupon 3137FKZZ2 110,000.00 FHMS K-088 A2 3.69 01/25/2029 338.25 338.25 08/25/2025 Coupon 3137H4BY5 110,000.00 FHMS K-746 A2 2.031 09/25/2028 186.18 186.18 08/25/2025 Coupon 3137H5YC5 115,000.00 FHMS K-748 A2 2.26 01/25/2029 216.58 216.58 08/26/2025 Coupon 17275RBQ4 60,000.00 CISCO SYSTEMS INC 4.8 02/26/2027 1,440.00 1,440.00 August 2025 Total 179,095.06 24,552.30 203,647.35
SEPTEMBER 2025
09/02/2025 Coupon 91282CLK5 175,000.00 UNITED STATES TREASURY 3.625 08/31/2029 3,171.88 3,171.88 09/09/2025 Coupon 931142EW9 30,000.00 WALMART INC 3.9 09/09/2025 585.00 585.00 09/09/2025 Final Maturity 931142EW9 30,000.00 WALMART INC 3.9 09/09/2025 30,000.00 30,000.00 09/10/2025 Coupon 3130ATS57 275,000.00 FEDERAL HOME LOAN BANKS 4.5 03/10/2028 6,187.50 6,187.50 09/15/2025 Coupon 00287YDY2 70,000.00 ABBVIE INC 4.65 03/15/2028 1,799.29 1,799.29 09/15/2025 Coupon 02582JKD1 115,000.00 AMXCA 2023-3 A 5.23 09/15/2028 501.21 501.21 09/15/2025 Coupon 02582JKH2 100,000.00 AMXCA 2024-1 A 5.23 04/16/2029 435.83 435.83 09/15/2025 Coupon 437076CR1 40,000.00 HOME DEPOT INC 4.0 09/15/2025 800.00 800.00 09/15/2025 Final Maturity 437076CR1 40,000.00 HOME DEPOT INC 4.0 09/15/2025 40,000.00 40,000.00 09/15/2025 Coupon 448973AD9 45,000.00 HART 2024-A A3 4.99 02/15/2029 187.13 187.13

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CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 09/15/2025 Coupon 448976AD2 50,000.00 HART 2024-C A3 4.41 05/15/2029 183.75 183.75 09/15/2025 Coupon 448979AD6 39,680.01 HART 2023-A A3 4.58 04/15/2027 81.58 81.58 09/15/2025 Principal Paydown 448979AD6 39,680.01 HART 2023-A A3 4.58 04/15/2027 2,885.01 2,885.01 09/15/2025 Coupon 44934QAD3 30,000.00 HART 2024-B A3 4.84 03/15/2029 121.00 121.00 09/15/2025 Coupon 47787CAC7 105,000.00 JDOT 2023-C A3 5.48 05/15/2028 399.92 399.92 09/15/2025 Principal Paydown 47787CAC7 105,000.00 JDOT 2023-C A3 5.48 05/15/2028 4,423.32 4,423.32 09/15/2025 Coupon 47787JAC2 9,655.98 JDOT 2022 A3 0.36 09/15/2026 4.06 4.06 09/15/2025 Principal Paydown 47787JAC2 9,655.98 JDOT 2022 A3 0.36 09/15/2026 1,205.56 1,205.56 09/15/2025 Coupon 47800AAC4 22,203.15 JDOT 2022-B A3 3.74 02/16/2027 34.49 34.49 09/15/2025 Principal Paydown 47800AAC4 22,203.15 JDOT 2022-B A3 3.74 02/16/2027 1,256.57 1,256.57 09/15/2025 Coupon 58769GAD5 45,000.00 MBALT 2024-B A3 4.23 02/15/2028 158.63 158.63 09/15/2025 Coupon 58770AAC7 24,476.29 MBART 2023-1 A3 4.51 11/15/2027 58.80 58.80 09/15/2025 Principal Paydown 58770AAC7 24,476.29 MBART 2023-1 A3 4.51 11/15/2027 1,302.29 1,302.29 09/15/2025 Coupon 89238DAD0 60,000.00 TAOT 2024-A A3 4.83 10/16/2028 241.50 241.50 09/15/2025 Coupon 89239FAD4 45,000.00 TAOT 2023-D A3 5.54 08/15/2028 207.75 207.75 09/15/2025 Principal Paydown 89239FAD4 45,000.00 TAOT 2023-D A3 5.54 08/15/2028 210.12 210.12 09/15/2025 Coupon 91282CFK2 150,000.00 UNITED STATES TREASURY 3.5 09/15/2025 2,625.00 2,625.00 09/15/2025 Final Maturity 91282CFK2 150,000.00 UNITED STATES TREASURY 3.5 09/15/2025 150,000.00 150,000.00 09/16/2025 Coupon 362583AD8 37,874.34 GMCAR 2023-2 A3 4.47 02/16/2028 91.93 91.93 09/16/2025 Principal Paydown 362583AD8 37,874.34 GMCAR 2023-2 A3 4.47 02/16/2028 2,012.80 2,012.80 09/16/2025 Coupon 36265WAD5 14,398.87 GMCAR 2022-3 A3 3.64 04/16/2027 18.08 18.08 09/16/2025 Principal Paydown 36265WAD5 14,398.87 GMCAR 2022-3 A3 3.64 04/16/2027 1,321.56 1,321.56 09/16/2025 Coupon 38014AAD3 35,000.00 GMCAR 2024-4 A3 4.4 08/16/2029 128.33 128.33 09/16/2025 Coupon 63743HFT4 140,000.00 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 4.12 09/16/2027 2,884.00 2,884.00
09/17/2025 Coupon 931142ER0 25,000.00 WALMART INC 1.05 09/17/2026 131.25 131.25 09/18/2025 Coupon 43815PAC3 14,154.23 HAROT 2022-2 A3 3.73 07/20/2026 13.61 13.61 09/18/2025 Principal Paydown 43815PAC3 14,154.23 HAROT 2022-2 A3 3.73 07/20/2026 1,466.77 1,466.77 09/18/2025 Coupon 857477CL5 125,000.00 STATE STREET CORP 4.993 03/18/2027 3,120.63 3,120.63 09/22/2025 Coupon 36269FAD8 65,000.00 GMALT 2024-1 A3 5.09 03/22/2027 251.02 251.02 09/22/2025 Principal Paydown 36269FAD8 65,000.00 GMALT 2024-1 A3 5.09 03/22/2027 7,704.29 7,704.29 09/22/2025 Coupon 379929AD4 10,000.00 GMALT 2023-3 A3 5.38 11/20/2026 15.80 15.80

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CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 09/22/2025 Principal Paydown 379929AD4 10,000.00 GMALT 2023-3 A3 5.38 11/20/2026 1,279.18 1,279.18 09/22/2025 Coupon 38012QAD0 30,000.00 GMALT 2024-3 A3 4.21 10/20/2027 105.25 105.25 09/22/2025 Coupon 438123AC5 35,000.00 HAROT 2023-4 A3 5.67 06/21/2028 158.85 158.85 09/22/2025 Principal Paydown 438123AC5 35,000.00 HAROT 2023-4 A3 5.67 06/21/2028 2,034.72 2,034.72 09/22/2025 Coupon 43815JAC7 20,287.49 HAROT 2023-1 A3 5.04 04/21/2027 48.55 48.55 09/22/2025 Principal Paydown 43815JAC7 20,287.49 HAROT 2023-1 A3 5.04 04/21/2027 1,390.22 1,390.22 09/25/2025 Coupon 3137BNGT5 165,128.52 FHMS K-054 A2 2.745 01/25/2026 351.67 351.67 09/25/2025 Principal Paydown 3137BNGT5 165,128.52 FHMS K-054 A2 2.745 01/25/2026 299.67 299.67 09/25/2025 Coupon 3137BVZ82 110,000.00 FHMS K-063 A2 3.43 01/25/2027 314.42 314.42 09/25/2025 Coupon 3137FETN0 160,000.00 FHMS K-073 A2 3.35 01/25/2028 446.67 446.67 09/25/2025 Coupon 3137FHPJ6 110,000.00 FHMS K-080 A2 3.926 07/25/2028 359.88 359.88 09/25/2025 Coupon 3137FJEH8 105,000.00 FHMS K-081 A2 3.9 08/25/2028 341.25 341.25 09/25/2025 Coupon 3137FJKE8 54,000.00 FHMS K-082 A2 3.92 09/25/2028 176.40 176.40 09/25/2025 Coupon 3137FJXV6 100,000.00 FHMS K-083 A2 4.05 09/25/2028 337.50 337.50 09/25/2025 Coupon 3137FKZZ2 110,000.00 FHMS K-088 A2 3.69 01/25/2029 338.25 338.25 09/25/2025 Coupon 3137H4BY5 110,000.00 FHMS K-746 A2 2.031 09/25/2028 186.18 186.18 09/25/2025 Coupon 3137H5YC5 115,000.00 FHMS K-748 A2 2.26 01/25/2029 216.58 216.58 09/26/2025 Coupon 69371RT48 70,000.00 PACCAR FINANCIAL CORP 4.0 09/26/2029 1,400.00 1,400.00 09/30/2025 Coupon 9128286L9 275,000.00 UNITED STATES TREASURY 2.25 03/31/2026 3,093.75 3,093.75 09/30/2025 Coupon 912828YG9 200,000.00 UNITED STATES TREASURY 1.625 09/30/2026 1,625.00 1,625.00 09/30/2025 Coupon 91282CEF4 200,000.00 UNITED STATES TREASURY 2.5 03/31/2027 2,500.00 2,500.00 09/30/2025 Coupon 91282CFM8 260,000.00 UNITED STATES TREASURY 4.125 09/30/2027 5,362.50 5,362.50 09/30/2025 Coupon 91282CGT2 240,000.00 UNITED STATES TREASURY 3.625 03/31/2028 4,350.00 4,350.00 September 2025
Total 248,792.08 46,151.65 294,943.74
OCTOBER 2025
10/01/2025 Coupon 13063D7D4 100,000.00 CALIFORNIA STATE 5.5 10/01/2028 2,750.00 2,750.00 10/08/2025 Coupon 89236TMS1 140,000.00 TOYOTA MOTOR CREDIT CORP 4.35 10/08/2027 3,045.00 3,045.00 10/09/2025 Coupon 3130B3A29 200,000.00 FEDERAL HOME LOAN BANKS 4.0 10/09/2026 4,000.00 4,000.00 10/14/2025 Coupon 79466LAF1 140,000.00 SALESFORCE INC 3.7 04/11/2028 2,590.00 2,590.00 10/15/2025 Coupon 02582JKD1 115,000.00 AMXCA 2023-3 A 5.23 09/15/2028 501.21 501.21 10/15/2025 Coupon 02582JKH2 100,000.00 AMXCA 2024-1 A 5.23 04/16/2029 435.83 435.83

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CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 10/15/2025 Coupon 20030NCS8 140,000.00 COMCAST CORP 3.95 10/15/2025 2,765.00 2,765.00 10/15/2025 Final Maturity 20030NCS8 140,000.00 COMCAST CORP 3.95 10/15/2025 140,000.00 140,000.00 10/15/2025 Coupon 448973AD9 45,000.00 HART 2024-A A3 4.99 02/15/2029 187.13 187.13 10/15/2025 Coupon 448976AD2 50,000.00 HART 2024-C A3 4.41 05/15/2029 183.75 183.75 10/15/2025 Coupon 448979AD6 39,680.01 HART 2023-A A3 4.58 04/15/2027 70.57 70.57 10/15/2025 Principal Paydown 448979AD6 39,680.01 HART 2023-A A3 4.58 04/15/2027 2,779.29 2,779.29 10/15/2025 Coupon 44934QAD3 30,000.00 HART 2024-B A3 4.84 03/15/2029 121.00 121.00 10/15/2025 Coupon 47787CAC7 105,000.00 JDOT 2023-C A3 5.48 05/15/2028 379.72 379.72 10/15/2025 Principal Paydown 47787CAC7 105,000.00 JDOT 2023-C A3 5.48 05/15/2028 5,169.12 5,169.12 10/15/2025 Coupon 47787JAC2 9,655.98 JDOT 2022 A3 0.36 09/15/2026 1.73 1.73 10/15/2025 Effective Maturity 47787JAC2 9,655.98 JDOT 2022 A3 0.36 09/15/2026 892.66 892.66 10/15/2025 Coupon 47800AAC4 22,203.15 JDOT 2022-B A3 3.74 02/16/2027 30.58 30.58 10/15/2025 Principal Paydown 47800AAC4 22,203.15 JDOT 2022-B A3 3.74 02/16/2027 1,470.83 1,470.83 10/15/2025 Coupon 58769GAD5 45,000.00 MBALT 2024-B A3 4.23 02/15/2028 158.63 158.63 10/15/2025 Coupon 58770AAC7 24,476.29 MBART 2023-1 A3 4.51 11/15/2027 53.90 53.90 10/15/2025 Principal Paydown 58770AAC7 24,476.29 MBART 2023-1 A3 4.51 11/15/2027 1,252.55 1,252.55 10/15/2025 Coupon 89238DAD0 60,000.00 TAOT 2024-A A3 4.83 10/16/2028 241.50 241.50 10/15/2025 Principal Paydown 89238DAD0 60,000.00 TAOT 2024-A A3 4.83 10/16/2028 3,033.97 3,033.97 10/15/2025 Coupon 89239FAD4 45,000.00 TAOT 2023-D A3 5.54 08/15/2028 206.78 206.78 10/15/2025 Principal Paydown 89239FAD4 45,000.00 TAOT 2023-D A3 5.54 08/15/2028 2,430.02 2,430.02 10/15/2025 Coupon 91282CKJ9 140,000.00 UNITED STATES TREASURY 4.5 04/15/2027 3,150.00 3,150.00 10/16/2025 Coupon 362583AD8 37,874.34 GMCAR 2023-2 A3 4.47 02/16/2028 84.43 84.43 10/16/2025 Principal Paydown 362583AD8 37,874.34 GMCAR 2023-2 A3 4.47 02/16/2028 1,931.38 1,931.38 10/16/2025 Coupon 36265WAD5 14,398.87 GMCAR 2022-3 A3 3.64 04/16/2027 14.07 14.07 10/16/2025 Principal Paydown 36265WAD5 14,398.87 GMCAR 2022-3 A3 3.64 04/16/2027 1,237.79 1,237.79 10/16/2025 Coupon 38014AAD3 35,000.00 GMCAR 2024-4 A3 4.4 08/16/2029 128.33 128.33 10/20/2025 Coupon 36269FAD8 65,000.00 GMALT 2024-1 A3 5.09 03/22/2027 218.34 218.34 10/20/2025 Principal Paydown 36269FAD8 65,000.00 GMALT 2024-1 A3 5.09 03/22/2027 7,540.88 7,540.88 10/20/2025 Coupon 379929AD4 10,000.00 GMALT 2023-3 A3 5.38 11/20/2026 10.07 10.07 10/20/2025 Principal Paydown 379929AD4 10,000.00 GMALT 2023-3 A3 5.38 11/20/2026 1,197.00 1,197.00 10/20/2025 Coupon 38012QAD0 30,000.00 GMALT 2024-3 A3 4.21 10/20/2027 105.25 105.25 10/20/2025 Coupon 43815PAC3 14,154.23 HAROT 2022-2 A3 3.73 07/20/2026 9.05 9.05

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CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 10/20/2025 Principal Paydown 43815PAC3 14,154.23 HAROT 2022-2 A3 3.73 07/20/2026 1,413.93 1,413.93 10/21/2025 Coupon 438123AC5 35,000.00 HAROT 2023-4 A3 5.67 06/21/2028 149.24 149.24 10/21/2025 Principal Paydown 438123AC5 35,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,953.34 1,953.34 10/21/2025 Coupon 43815JAC7 20,287.49 HAROT 2023-1 A3 5.04 04/21/2027 42.71 42.71 10/21/2025 Principal Paydown 43815JAC7 20,287.49 HAROT 2023-1 A3 5.04 04/21/2027 1,338.65 1,338.65 10/27/2025 Coupon 3137BNGT5 165,128.52 FHMS K-054 A2 2.745 01/25/2026 350.98 350.98 10/27/2025 Principal Paydown 3137BNGT5 165,128.52 FHMS K-054 A2 2.745 01/25/2026 6,116.41 6,116.41 10/27/2025 Coupon 3137BVZ82 110,000.00 FHMS K-063 A2 3.43 01/25/2027 314.42 314.42 10/27/2025 Coupon 3137FETN0 160,000.00 FHMS K-073 A2 3.35 01/25/2028 446.67 446.67 10/27/2025 Coupon 3137FHPJ6 110,000.00 FHMS K-080 A2 3.926 07/25/2028 359.88 359.88 10/27/2025 Coupon 3137FJEH8 105,000.00 FHMS K-081 A2 3.9 08/25/2028 341.25 341.25 10/27/2025 Coupon 3137FJKE8 54,000.00 FHMS K-082 A2 3.92 09/25/2028 176.40 176.40 10/27/2025 Coupon 3137FJXV6 100,000.00 FHMS K-083 A2 4.05 09/25/2028 337.50 337.50 10/27/2025 Coupon 3137FKZZ2 110,000.00 FHMS K-088 A2 3.69 01/25/2029 338.25 338.25 10/27/2025 Coupon 3137H4BY5 110,000.00 FHMS K-746 A2 2.031 09/25/2028 186.18 186.18 10/27/2025 Coupon 3137H5YC5 115,000.00 FHMS K-748 A2 2.26 01/25/2029 216.58 216.58 10/30/2025 Coupon 09247XAP6 150,000.00 BLACKROCK FINANCE INC 3.25 04/30/2029 2,437.50 2,437.50 October 2025
Total 179,757.82 27,139.42 206,897.23
NOVEMBER 2025
11/03/2025 Coupon 00440EAV9 135,000.00 CHUBB INA HOLDINGS LLC 3.35 05/03/2026 2,261.25 2,261.25 11/06/2025 Coupon 3133ERDS7 225,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.75 05/06/2027 5,343.75 5,343.75
11/07/2025 Coupon 3135G06G3 225,000.00 FEDERAL NATIONAL MORTGAGE ASSOCIATION

0.5 11/07/2025 562.50 562.50
11/07/2025 Final Maturity 3135G06G3 225,000.00 FEDERAL NATIONAL MORTGAGE ASSOCIATION

0.5 11/07/2025 225,000.00 225,000.00
11/10/2025 Coupon 665859AW4 150,000.00 NORTHERN TRUST CORP 4.0 05/10/2027 3,000.00 3,000.00 11/14/2025 Coupon 14913UAL4 140,000.00 CATERPILLAR FINANCIAL SERVICES CORP 5.0 05/14/2027 3,500.00 3,500.00
11/17/2025 Coupon 02582JKD1 115,000.00 AMXCA 2023-3 A 5.23 09/15/2028 501.21 501.21 11/17/2025 Coupon 02582JKH2 100,000.00 AMXCA 2024-1 A 5.23 04/16/2029 435.83 435.83

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CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 11/17/2025 Coupon 3130AXU63 160,000.00 FEDERAL HOME LOAN BANKS 4.625 11/17/2026 3,700.00 3,700.00
11/17/2025 Coupon 362583AD8 37,874.34 GMCAR 2023-2 A3 4.47 02/16/2028 77.24 77.24 11/17/2025 Principal Paydown 362583AD8 37,874.34 GMCAR 2023-2 A3 4.47 02/16/2028 1,639.84 1,639.84 11/17/2025 Coupon 36265WAD5 14,398.87 GMCAR 2022-3 A3 3.64 04/16/2027 10.31 10.31 11/17/2025 Principal Paydown 36265WAD5 14,398.87 GMCAR 2022-3 A3 3.64 04/16/2027 1,170.11 1,170.11 11/17/2025 Coupon 38014AAD3 35,000.00 GMCAR 2024-4 A3 4.4 08/16/2029 128.33 128.33 11/17/2025 Coupon 448973AD9 45,000.00 HART 2024-A A3 4.99 02/15/2029 187.13 187.13 11/17/2025 Coupon 448976AD2 50,000.00 HART 2024-C A3 4.41 05/15/2029 183.75 183.75 11/17/2025 Coupon 448979AD6 39,680.01 HART 2023-A A3 4.58 04/15/2027 59.96 59.96 11/17/2025 Principal Paydown 448979AD6 39,680.01 HART 2023-A A3 4.58 04/15/2027 2,649.81 2,649.81 11/17/2025 Coupon 44934QAD3 30,000.00 HART 2024-B A3 4.84 03/15/2029 121.00 121.00 11/17/2025 Coupon 47787CAC7 105,000.00 JDOT 2023-C A3 5.48 05/15/2028 356.12 356.12 11/17/2025 Principal Paydown 47787CAC7 105,000.00 JDOT 2023-C A3 5.48 05/15/2028 5,538.95 5,538.95 11/17/2025 Coupon 47800AAC4 22,203.15 JDOT 2022-B A3 3.74 02/16/2027 25.99 25.99 11/17/2025 Principal Paydown 47800AAC4 22,203.15 JDOT 2022-B A3 3.74 02/16/2027 1,566.30 1,566.30 11/17/2025 Coupon 58769GAD5 45,000.00 MBALT 2024-B A3 4.23 02/15/2028 158.63 158.63 11/17/2025 Coupon 58770AAC7 24,476.29 MBART 2023-1 A3 4.51 11/15/2027 49.20 49.20 11/17/2025 Principal Paydown 58770AAC7 24,476.29 MBART 2023-1 A3 4.51 11/15/2027 1,225.36 1,225.36 11/17/2025 Coupon 58933YBH7 30,000.00 MERCK & CO INC 4.05 05/17/2028 607.50 607.50 11/17/2025 Coupon 89238DAD0 60,000.00 TAOT 2024-A A3 4.83 10/16/2028 229.29 229.29 11/17/2025 Principal Paydown 89238DAD0 60,000.00 TAOT 2024-A A3 4.83 10/16/2028 3,139.51 3,139.51 11/17/2025 Coupon 89239FAD4 45,000.00 TAOT 2023-D A3 5.54 08/15/2028 195.56 195.56 11/17/2025 Principal Paydown 89239FAD4 45,000.00 TAOT 2023-D A3 5.54 08/15/2028 2,374.98 2,374.98 11/17/2025 Coupon 912828R36 265,000.00 UNITED STATES TREASURY 1.625 05/15/2026 2,153.13 2,153.13 11/17/2025 Coupon 912828U24 265,000.00 UNITED STATES TREASURY 2.0 11/15/2026 2,650.00 2,650.00 11/17/2025 Coupon 912828X88 275,000.00 UNITED STATES TREASURY 2.375 05/15/2027 3,265.63 3,265.63 11/18/2025 Coupon 43815PAC3 14,154.23 HAROT 2022-2 A3 3.73 07/20/2026 4.66 4.66 11/18/2025 Principal Paydown 43815PAC3 14,154.23 HAROT 2022-2 A3 3.73 07/20/2026 1,376.36 1,376.36 11/20/2025 Coupon 3133ERFJ5 115,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.5 05/20/2027 2,587.50 2,587.50
11/20/2025 Coupon 36269FAD8 65,000.00 GMALT 2024-1 A3 5.09 03/22/2027 186.36 186.36

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CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 11/20/2025 Principal Paydown 36269FAD8 65,000.00 GMALT 2024-1 A3 5.09 03/22/2027 7,026.17 7,026.17 11/20/2025 Coupon 379929AD4 10,000.00 GMALT 2023-3 A3 5.38 11/20/2026 4.70 4.70 11/20/2025 Effective Maturity 379929AD4 10,000.00 GMALT 2023-3 A3 5.38 11/20/2026 1,048.73 1,048.73 11/20/2025 Coupon 38012QAD0 30,000.00 GMALT 2024-3 A3 4.21 10/20/2027 105.25 105.25 11/21/2025 Coupon 438123AC5 35,000.00 HAROT 2023-4 A3 5.67 06/21/2028 140.01 140.01 11/21/2025 Principal Paydown 438123AC5 35,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,905.93 1,905.93 11/21/2025 Coupon 43815JAC7 20,287.49 HAROT 2023-1 A3 5.04 04/21/2027 37.09 37.09 11/21/2025 Principal Paydown 43815JAC7 20,287.49 HAROT 2023-1 A3 5.04 04/21/2027 1,176.52 1,176.52 11/25/2025 Coupon 3137BNGT5 165,128.52 FHMS K-054 A2 2.745 01/25/2026 336.99 336.99 11/25/2025 Principal Paydown 3137BNGT5 165,128.52 FHMS K-054 A2 2.745 01/25/2026 6,364.23 6,364.23 11/25/2025 Coupon 3137BVZ82 110,000.00 FHMS K-063 A2 3.43 01/25/2027 314.42 314.42 11/25/2025 Coupon 3137FETN0 160,000.00 FHMS K-073 A2 3.35 01/25/2028 446.67 446.67 11/25/2025 Coupon 3137FHPJ6 110,000.00 FHMS K-080 A2 3.926 07/25/2028 359.88 359.88 11/25/2025 Coupon 3137FJEH8 105,000.00 FHMS K-081 A2 3.9 08/25/2028 341.25 341.25 11/25/2025 Coupon 3137FJKE8 54,000.00 FHMS K-082 A2 3.92 09/25/2028 176.40 176.40 11/25/2025 Coupon 3137FJXV6 100,000.00 FHMS K-083 A2 4.05 09/25/2028 337.50 337.50 11/25/2025 Coupon 3137FKZZ2 110,000.00 FHMS K-088 A2 3.69 01/25/2029 338.25 338.25 11/25/2025 Coupon 3137H4BY5 110,000.00 FHMS K-746 A2 2.031 09/25/2028 186.18 186.18 11/25/2025 Coupon 3137H5YC5 115,000.00 FHMS K-748 A2 2.26 01/25/2029 216.58 216.58 November 2025
Total 263,202.78 35,882.97 299,085.75
DECEMBER 2025
12/01/2025 Coupon 26444HAH4 150,000.00 DUKE ENERGY FLORIDA LLC 2.5 12/01/2029 1,875.00 1,875.00 12/01/2025 Coupon 91282CAZ4 175,000.00 UNITED STATES TREASURY 0.375 11/30/2025 328.13 328.13 12/01/2025 Final Maturity 91282CAZ4 175,000.00 UNITED STATES TREASURY 0.375 11/30/2025 175,000.00 175,000.00 12/11/2025 Coupon 89115A2V3 55,000.00 TORONTO-DOMINION BANK 5.264 12/11/2026 1,447.60 1,447.60 12/15/2025 Coupon 02582JKD1 115,000.00 AMXCA 2023-3 A 5.23 09/15/2028 501.21 501.21 12/15/2025 Coupon 02582JKH2 100,000.00 AMXCA 2024-1 A 5.23 04/16/2029 435.83 435.83 12/15/2025 Coupon 3133EPN50 110,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.25 12/15/2028 2,337.50 2,337.50
12/15/2025 Coupon 448973AD9 45,000.00 HART 2024-A A3 4.99 02/15/2029 187.13 187.13 12/15/2025 Coupon 448976AD2 50,000.00 HART 2024-C A3 4.41 05/15/2029 183.75 183.75

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CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 12/15/2025 Coupon 448979AD6 39,680.01 HART 2023-A A3 4.58 04/15/2027 49.84 49.84 12/15/2025 Principal Paydown 448979AD6 39,680.01 HART 2023-A A3 4.58 04/15/2027 2,393.82 2,393.82 12/15/2025 Coupon 44934QAD3 30,000.00 HART 2024-B A3 4.84 03/15/2029 121.00 121.00 12/15/2025 Coupon 47787CAC7 105,000.00 JDOT 2023-C A3 5.48 05/15/2028 330.82 330.82 12/15/2025 Principal Paydown 47787CAC7 105,000.00 JDOT 2023-C A3 5.48 05/15/2028 4,114.96 4,114.96 12/15/2025 Coupon 47800AAC4 22,203.15 JDOT 2022-B A3 3.74 02/16/2027 21.11 21.11 12/15/2025 Principal Paydown 47800AAC4 22,203.15 JDOT 2022-B A3 3.74 02/16/2027 1,168.70 1,168.70 12/15/2025 Coupon 58769GAD5 45,000.00 MBALT 2024-B A3 4.23 02/15/2028 158.63 158.63 12/15/2025 Coupon 58770AAC7 24,476.29 MBART 2023-1 A3 4.51 11/15/2027 44.59 44.59 12/15/2025 Principal Paydown 58770AAC7 24,476.29 MBART 2023-1 A3 4.51 11/15/2027 1,166.56 1,166.56 12/15/2025 Coupon 89238DAD0 60,000.00 TAOT 2024-A A3 4.83 10/16/2028 216.65 216.65 12/15/2025 Principal Paydown 89238DAD0 60,000.00 TAOT 2024-A A3 4.83 10/16/2028 2,959.67 2,959.67 12/15/2025 Coupon 89239FAD4 45,000.00 TAOT 2023-D A3 5.54 08/15/2028 184.60 184.60 12/15/2025 Principal Paydown 89239FAD4 45,000.00 TAOT 2023-D A3 5.54 08/15/2028 2,241.65 2,241.65 12/15/2025 Coupon 91282CHH7 100,000.00 UNITED STATES TREASURY 4.125 06/15/2026 2,062.50 2,062.50 12/16/2025 Coupon 362583AD8 37,874.34 GMCAR 2023-2 A3 4.47 02/16/2028 71.13 71.13 12/16/2025 Principal Paydown 362583AD8 37,874.34 GMCAR 2023-2 A3 4.47 02/16/2028 1,547.81 1,547.81 12/16/2025 Coupon 36265WAD5 14,398.87 GMCAR 2022-3 A3 3.64 04/16/2027 6.76 6.76 12/16/2025 Principal Paydown 36265WAD5 14,398.87 GMCAR 2022-3 A3 3.64 04/16/2027 1,112.53 1,112.53 12/16/2025 Coupon 38014AAD3 35,000.00 GMCAR 2024-4 A3 4.4 08/16/2029 128.33 128.33 12/18/2025 Coupon 43815PAC3 14,154.23 HAROT 2022-2 A3 3.73 07/20/2026 0.38 0.38 12/18/2025 Effective Maturity 43815PAC3 14,154.23 HAROT 2022-2 A3 3.73 07/20/2026 121.77 121.77 12/22/2025 Coupon 36269FAD8 65,000.00 GMALT 2024-1 A3 5.09 03/22/2027 156.55 156.55 12/22/2025 Principal Paydown 36269FAD8 65,000.00 GMALT 2024-1 A3 5.09 03/22/2027 6,330.94 6,330.94 12/22/2025 Coupon 38012QAD0 30,000.00 GMALT 2024-3 A3 4.21 10/20/2027 105.25 105.25 12/22/2025 Coupon 438123AC5 35,000.00 HAROT 2023-4 A3 5.67 06/21/2028 131.00 131.00 12/22/2025 Principal Paydown 438123AC5 35,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,809.98 1,809.98 12/22/2025 Coupon 43815JAC7 20,287.49 HAROT 2023-1 A3 5.04 04/21/2027 32.15 32.15 12/22/2025 Principal Paydown 43815JAC7 20,287.49 HAROT 2023-1 A3 5.04 04/21/2027 1,123.32 1,123.32 12/25/2025 Coupon 3137BNGT5 165,128.52 FHMS K-054 A2 2.745 01/25/2026 322.43 322.43 12/25/2025 Principal Paydown 3137BNGT5 165,128.52 FHMS K-054 A2 2.745 01/25/2026 40,191.49 40,191.49 12/25/2025 Coupon 3137BVZ82 110,000.00 FHMS K-063 A2 3.43 01/25/2027 314.42 314.42

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CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 12/25/2025 Coupon 3137FETN0 160,000.00 FHMS K-073 A2 3.35 01/25/2028 446.67 446.67 12/25/2025 Coupon 3137FHPJ6 110,000.00 FHMS K-080 A2 3.926 07/25/2028 359.88 359.88 12/25/2025 Coupon 3137FJEH8 105,000.00 FHMS K-081 A2 3.9 08/25/2028 341.25 341.25 12/25/2025 Coupon 3137FJKE8 54,000.00 FHMS K-082 A2 3.92 09/25/2028 176.40 176.40 12/25/2025 Coupon 3137FJXV6 100,000.00 FHMS K-083 A2 4.05 09/25/2028 337.50 337.50 12/25/2025 Coupon 3137FKZZ2 110,000.00 FHMS K-088 A2 3.69 01/25/2029 338.25 338.25 12/25/2025 Coupon 3137H4BY5 110,000.00 FHMS K-746 A2 2.031 09/25/2028 186.18 186.18 12/25/2025 Coupon 3137H5YC5 115,000.00 FHMS K-748 A2 2.26 01/25/2029 216.58 216.58 12/26/2025 Coupon 437076DC3 75,000.00 HOME DEPOT INC 4.75 06/25/2029 1,781.25 1,781.25 12/31/2025 Coupon 91282CGC9 300,000.00 UNITED STATES TREASURY 3.875 12/31/2027 5,812.50 5,812.50 12/31/2025 Coupon 91282CHK0 200,000.00 UNITED STATES TREASURY 4.0 06/30/2028 4,000.00 4,000.00 December 2025
Total 241,283.21 25,750.75 267,033.96
JANUARY 2026
01/07/2026 Coupon 24422EXZ7 95,000.00 JOHN DEERE CAPITAL CORP 4.65 01/07/2028 2,208.75 2,208.75 01/12/2026 Coupon 459058KT9 140,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 3.5 07/12/2028 2,450.00 2,450.00
01/15/2026 Coupon 02582JKD1 115,000.00 AMXCA 2023-3 A 5.23 09/15/2028 501.21 501.21 01/15/2026 Coupon 02582JKH2 100,000.00 AMXCA 2024-1 A 5.23 04/16/2029 435.83 435.83 01/15/2026 Coupon 448973AD9 45,000.00 HART 2024-A A3 4.99 02/15/2029 187.13 187.13 01/15/2026 Principal Paydown 448973AD9 45,000.00 HART 2024-A A3 4.99 02/15/2029 1,065.51 1,065.51 01/15/2026 Coupon 448976AD2 50,000.00 HART 2024-C A3 4.41 05/15/2029 183.75 183.75 01/15/2026 Coupon 448979AD6 39,680.01 HART 2023-A A3 4.58 04/15/2027 40.71 40.71 01/15/2026 Principal Paydown 448979AD6 39,680.01 HART 2023-A A3 4.58 04/15/2027 2,351.98 2,351.98 01/15/2026 Coupon 44934QAD3 30,000.00 HART 2024-B A3 4.84 03/15/2029 121.00 121.00 01/15/2026 Coupon 45950KDF4 80,000.00 INTERNATIONAL FINANCE CORP 4.375 01/15/2027 1,750.40 1,750.40
01/15/2026 Coupon 47787CAC7 105,000.00 JDOT 2023-C A3 5.48 05/15/2028 312.03 312.03 01/15/2026 Principal Paydown 47787CAC7 105,000.00 JDOT 2023-C A3 5.48 05/15/2028 5,951.95 5,951.95 01/15/2026 Coupon 47800AAC4 22,203.15 JDOT 2022-B A3 3.74 02/16/2027 17.47 17.47 01/15/2026 Principal Paydown 47800AAC4 22,203.15 JDOT 2022-B A3 3.74 02/16/2027 1,933.27 1,933.27 01/15/2026 Coupon 58769GAD5 45,000.00 MBALT 2024-B A3 4.23 02/15/2028 158.63 158.63

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CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 01/15/2026 Principal Paydown 58769GAD5 45,000.00 MBALT 2024-B A3 4.23 02/15/2028 3,390.91 3,390.91 01/15/2026 Coupon 58770AAC7 24,476.29 MBART 2023-1 A3 4.51 11/15/2027 40.21 40.21 01/15/2026 Principal Paydown 58770AAC7 24,476.29 MBART 2023-1 A3 4.51 11/15/2027 1,146.57 1,146.57 01/15/2026 Coupon 89238DAD0 60,000.00 TAOT 2024-A A3 4.83 10/16/2028 204.74 204.74 01/15/2026 Principal Paydown 89238DAD0 60,000.00 TAOT 2024-A A3 4.83 10/16/2028 2,906.79 2,906.79 01/15/2026 Coupon 89239FAD4 45,000.00 TAOT 2023-D A3 5.54 08/15/2028 174.25 174.25 01/15/2026 Principal Paydown 89239FAD4 45,000.00 TAOT 2023-D A3 5.54 08/15/2028 2,201.75 2,201.75 01/16/2026 Coupon 362583AD8 37,874.34 GMCAR 2023-2 A3 4.47 02/16/2028 65.37 65.37 01/16/2026 Principal Paydown 362583AD8 37,874.34 GMCAR 2023-2 A3 4.47 02/16/2028 1,520.25 1,520.25 01/16/2026 Coupon 36265WAD5 14,398.87 GMCAR 2022-3 A3 3.64 04/16/2027 3.39 3.39 01/16/2026 Principal Paydown 36265WAD5 14,398.87 GMCAR 2022-3 A3 3.64 04/16/2027 1,091.33 1,091.33 01/16/2026 Coupon 38014AAD3 35,000.00 GMCAR 2024-4 A3 4.4 08/16/2029 128.33 128.33 01/20/2026 Coupon 06051GLE7 135,000.00 BANK OF AMERICA CORP 5.08 01/20/2027 3,429.00 3,429.00 01/20/2026 Effective Maturity 06051GLE7 135,000.00 BANK OF AMERICA CORP 5.08 01/20/2027 135,000.00 135,000.00 01/20/2026 Coupon 36269FAD8 65,000.00 GMALT 2024-1 A3 5.09 03/22/2027 129.70 129.70 01/20/2026 Principal Paydown 36269FAD8 65,000.00 GMALT 2024-1 A3 5.09 03/22/2027 6,453.01 6,453.01 01/20/2026 Coupon 38012QAD0 30,000.00 GMALT 2024-3 A3 4.21 10/20/2027 105.25 105.25 01/20/2026 Coupon 78016HZT0 105,000.00 ROYAL BANK OF CANADA 4.875 01/19/2027 2,559.38 2,559.38 01/21/2026 Coupon 438123AC5 35,000.00 HAROT 2023-4 A3 5.67 06/21/2028 122.45 122.45 01/21/2026 Principal Paydown 438123AC5 35,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,772.99 1,772.99 01/21/2026 Coupon 43815JAC7 20,287.49 HAROT 2023-1 A3 5.04 04/21/2027 27.43 27.43 01/21/2026 Principal Paydown 43815JAC7 20,287.49 HAROT 2023-1 A3 5.04 04/21/2027 1,098.72 1,098.72 01/26/2026 Coupon 3137BNGT5 165,128.52 FHMS K-054 A2 2.745 01/25/2026 230.50 230.50 01/26/2026 Final Maturity 3137BNGT5 165,128.52 FHMS K-054 A2 2.745 01/25/2026 100,763.08 100,763.08 01/26/2026 Coupon 3137BVZ82 110,000.00 FHMS K-063 A2 3.43 01/25/2027 314.42 314.42 01/26/2026 Coupon 3137FETN0 160,000.00 FHMS K-073 A2 3.35 01/25/2028 446.67 446.67 01/26/2026 Coupon 3137FHPJ6 110,000.00 FHMS K-080 A2 3.926 07/25/2028 359.88 359.88 01/26/2026 Coupon 3137FJEH8 105,000.00 FHMS K-081 A2 3.9 08/25/2028 341.25 341.25 01/26/2026 Coupon 3137FJKE8 54,000.00 FHMS K-082 A2 3.92 09/25/2028 176.40 176.40 01/26/2026 Coupon 3137FJXV6 100,000.00 FHMS K-083 A2 4.05 09/25/2028 337.50 337.50 01/26/2026 Coupon 3137FKZZ2 110,000.00 FHMS K-088 A2 3.69 01/25/2029 338.25 338.25 01/26/2026 Coupon 3137H4BY5 110,000.00 FHMS K-746 A2 2.031 09/25/2028 186.18 186.18

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CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 01/26/2026 Coupon 3137H5YC5 115,000.00 FHMS K-748 A2 2.26 01/25/2029 216.58 216.58 01/26/2026 Coupon 46647PEU6 65,000.00 JPMORGAN CHASE & CO 4.915 01/24/2029 1,597.38 1,597.38 January 2026 Total 268,648.10 19,901.38 288,549.48
Grand Total 47,601,018.34 2,980,620.40 345,801.31 3,326,421.71

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IMPORTANT DISCLOSURES
Chandler Asset Management, Inc. (“Chandler”) is an SEC registered investment adviser. For additional information about our firm, please see our current disclosures (Form ADV).

To obtain a copy of our current disclosures, you may contact your client service representative by calling the number on the front of this statement or you may visit our website at www.chandlerasset.com.

Information contained in this monthly statement is confidential and is provided for informational purposes only and should not be construed as specific investment or legal advice. The information contained herein was obtained from sources believed to be reliable as of the date of this statement, but may become outdated or superseded at any time without notice.

Custody: Your qualified custodian bank maintains control of all assets reflected in this statement and we urge you to compare this statement to the one you receive from your qualified custodian. Chandler does not have any authority to withdraw or deposit funds from/to the custodian account.

Valuation: Prices are provided by IDC, an independent pricing source. In the event IDC does not provide a price or if the price provided is not reflective of fair market value, Chandler will obtain pricing from an alternative approved third party pricing source in accordance with our written valuation policy and procedures. Our valuation procedures are also disclosed in Item 5 of our Form ADV Part 2A.

Performance: Performance results are presented gross-of-advisory fees and represent the client’s Total Return. The deduction of advisory fees lowers performance results. These results include the reinvestment of dividends and other earnings. Past performance may not be indicative of future results. Therefore, clients should not assume that future performance of any specific investment or investment strategy will be profitable or equal to past performance levels. All investment strategies have the potential for profit or loss. Economic factors, market conditions or changes in investment strategies, contributions or withdrawals may materially alter the performance and results of your portfolio.

Source ICE Data Indices, LLC (“ICE”), used with permission. ICE PERMITS USE OF THE ICE INDICES AND RELATED DATA ON AN “AS IS” BASIS; ICE, ITS AFFILIATES AND

THEIR RESPECTIVE THIRD PARTY SUPPLIERS DISCLAIM ANY AND ALL WARRANTIES AND REPRESENTATIONS, EXPRESS AND/OR IMPLIED, INCLUDING ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE, INCLUDING THE INDICES, INDEX DATA AND ANY DATA INCLUDED IN, RELATED TO, OR DERIVED THEREFROM.

NEITHER ICE DATA, ITS AFFILIATES OR THEIR RESPECTIVE THIRD PARTY PROVIDERS GUARANTEE THE QUALITY , ADEQUACY , ACCURACY , TIMELINESS OR COMPLETENESS OF THE INDICES OR THE INDEX DATA OR ANY COMPONENT THEREOF, AND THE INDICES AND INDEX DATA AND ALL COMPONENTS THEREOF ARE PROVIDED ON AN “AS IS” BASIS AND LICENSEE’S USE IS AT LICENSEE’S OWN RISK. ICE DATA, ITS AFFILIATES AND THEIR RESPECTIVE THIRD PARTY DO NOT SPONSOR, ENDORSE, OR RECOMMEND CHANDLER, OR ANY OF ITS PRODUCTS OR SERVICES.

Index returns assume reinvestment of all distributions. Historical performance results for investment indexes generally do not reflect the deduction of transaction and/or custodial charges or the deduction of an investment management fee, the incurrence of which would have the effect of decreasing historical performance results. It is not possible to invest directly in an index.

Ratings: Ratings information have been provided by Moody’s, S&P and Fitch through data feeds we believe to be reliable as of the date of this statement, however we cannot guarantee its accuracy.

Security level ratings for U.S. Agency issued mortgage-backed securities (“MBS”) reflect the issuer rating because the securities themselves are not rated. The issuing U.S. Agency guarantees the full and timely payment of both principal and interest and carries a high rating by S&P , Moody’s and Fitch respectively.

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BENCHMARK INDEX & DISCLOSURES
Benchmark Disclosure
ICE BofA 1-3 Yr US Treasury & Agency
Index
The ICE BofA 1-3 Year US Treasury & Agency Index tracks the performance of US dollar denominated US Treasury and nonsubordinated US agency debt issued in the US domestic market. Qualifying securities must have an investment grade rating (based on an average of Moody’s, S&P and Fitch). Qualifying securities must have at least one year remaining term to final maturity and less than three years remaining term to final maturity, at least 18 months to maturity at time of issuance, a fixed coupon schedule, and a minimum amount outstanding of $1 billion for sovereigns and $250 million for agencies.

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CONTRACT SERVICES AGREEMENT

By and Between

CITY OF BELL

and

THE PUN GROUP, LLP

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1 AGREEMENT FOR CONTRACT SERVICES

BETWEEN THE CITY OF BELL AND

THE PUN GROUP, LLP
THIS AGREEMENT FOR CONTRACT SERVICES (herein “Agreement”) is made and entered into this ________ day of ___________________, 2025 by and between the City of Bell, a California charter city (“City”) and The Pun G roup, LLP, a California limited liability partnership (“Consultant”). City and Consultant may be referred to, individually or collective ly, as “Party” or “Parties.”

RECITALS
A. City has sought, by issuance of a Request for Proposals or Invitation for Bids, the performance of the services defined and described particularly in Article 1 of this Agreement.

B. Consultant, following submission of a proposal or bid for the performance of the services defined and described particularly in Article 1 of this Agreement, was selected by the City to perform those services.

C. Pursuant to the City of Bell Municipal Code, City has authority to enter int o and execute this Agreement.

D. The Parties desire to formalize the selection of Consultant for performance of those services defined and described particularly in Article 1 of this Agreement and desire t hat the terms of that performance be as particularly defined and described herein.

OPERATIVE PROVISIONS
NOW, THEREFORE, in consideration of the mutual promises and covenants made by the Parties and contained herein and other consideration, the value and ad equacy of which are hereby acknowledged, the parties agree as follows:

ARTICLE 1. SERVICES OF CONSULTANT

1.1 Scope of Services.

In compliance with all terms and conditions of this Agreement, the Consultant shall provide those services specified in the “Scope of Services ” attached hereto as Exhibit “A” and incorporated he rein by this reference, which may be referred to herein as the “services” or “work” hereunder. As a material inducement to the City entering into this Agreement, Consultant represents and warrants that it has the qualifications, experience, and facilities necessary to properly perform the services required under this Agreement in a thorough, competent, and professional manner, and is experienced in performing the work and services contemplated herein. Consultant shall at all times faithfully, competently an d to the best of its ability, experience and talent, perform all services described herein. Consultant covenants that it shall follow the highest professional standards in performing the work and services required hereunder and that all materials will be both of good quality as well as fit for the purpose intended. For

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2 purposes of this Agreement, the phrase “highest professional standards ” shall mean those standards of practice recognized by one or more fir st-class firms performing similar work under similar circumstances.

1.2 Consultant’s Proposal.

The Scope of Services shall include the Consultant’s scope of work or bid which shall be incorporated herein by this reference as though fully set forth herein. In t he event of any inconsistency between the terms of such proposal and this Agreement, the terms of this Agreement shall govern.

1.3 Compliance with Law.

Consultant shall keep itself informed concerning, and shall render all services hereunder in accordance with , all ordinances, resolutions, statutes, rules, and regulations of the City and any Federal, State or local governmental entity having jurisdiction in effect at the time service is rendered.

1.4 Licenses, Permits, Fees and Assessments.

Consultant shall obtain at its sole cost and expense such licenses, permits and approvals as may be required by law for the performance of the services required by this Agreement.

Consultant shall have the sole obligation to pay for any fees, assessments and taxes, plus applicable penalties and interest, which may be imposed by l aw and arise from or are necessary for the Consultant’s performance of the services required by this Agreement, and shall indemnify, defend and hold harmless City , its officers, employees or agents of City , against any such fees, assessments, taxes , penalties or interest levied, assessed or imposed against City hereunder.

1.5 Familiarity with Work.

By executing this Agreement, Consultant warrants that Consultant (i) has thoroughly investigated and considered t he scope of services to be performed, (ii) has care fully considered how the services should be performed, and (iii) fully understands the facilities, difficulties and restrictions attending performance of the services under this Agreement. If the services involve work upon any site, Consultant warrants that Consultant has or will investigate the site and is or will be fully acquainted with the conditions there existing, prior to commencement of services hereunder. Should the Consultant discover any latent o r unknown conditions, which will materially affect the performance of the services hereunder, Consultant shall immediately inform the City of such fact and shall not proceed except at Consultant’s risk until written instructions are received from the Contract Officer.

1.6 Care of Work.

The Consultant shall ado pt r easonable methods during the life of the Agreement to furnish continuous protection to the work, and the equipment, materials, papers, documents, plans, studies and/or other components thereof to preve nt losses or damages, and shall be

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3 responsible for all such damages, to persons or property, until acceptance of the work by City, except such losses or damages as may be caused by City’s own negligence.

1.7 Further Responsibilities of Parties.

Both parties ag ree to use reasonable care and diligence to perform their respective obligations under this Agreement. Both parties agree to act in good faith to execute all instruments, prepare all documents and take all actions as may be reasonably necessary to carry out the purposes of this Agreement. Unless hereafter specified, neither party shall be responsible for the service of the other.

1.8 Additional Services.

City shall have the right at any time during the performance of the services, without invalidating this Agre ement, to order extra work beyond that specified in the Scope of Services or make changes by altering, adding to or deducting from said work. No such extra work may be undertaken unless a written order is first given by the Contract Officer to the Consultant, incorporating therein any adjustment in (i) the Contract Sum for the actual costs of the extra work, and/or (ii) the time to perform this Agreement, which said adjustments are subject to the written approval of the Consultant. Any increase in compensat ion of up to ten percent (10%) of the Contract Sum or $25,000, whichever is less; or , in the time to perform of up to one hundred eighty (180) days, may be approved by the Contract Officer. Any greater increases, taken either separately or cumulatively, must be approved by the City Council. It is expressly understood by Consultant that the provisions of this Section shall not apply to services specifically set forth in the Scope of Services. Consultant hereby acknowledges that it accepts the risk that the s ervices to be provided pursuant to the Scope of Ser vices may be more costly or time consuming than Consultant anticipates and that Consultant shall not be entitled to additional compensation therefor. City may in its sole and absolute discretion have simil ar work done by other Consultants. No claims for an increase in the Contract Sum or time for performance shall be valid unless the procedures established in this Section are followed.

1.9 Special Requirements.

Additional terms and conditions of this Agreement , if any, which are made a part hereof are set fort h in the “Special Requirements ” attached hereto as Exhibit “B” and incorporated herein by this reference. In the event of a conflict between the provisions of Exhibit “B” and any other provisions of this Agreement, the provisions of Exhibit “B” shall govern.

ARTICLE 2. COMPENSATION AND METHOD OF PAYMENT.

2.1 Contract Sum.

Subject to any limitations set forth in this Agreement, City agrees to pay Consultant the amounts specified in the “Schedule of Compensation ” attached h ereto as Exhibit “C” and incorporated herein by thi s re ference. The total compensation, including reimbursement for actual expenses, shall not exceed Two Hundred Seven Thousand Four Hundred Thirty Five

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4 Dollars ($ 207,435.00) (the “Contract Sum”), unless additional compensation is approved pursuant to Section 1.8.

2.2 Method of Compensation.

The method of compensation may include: (i) a lump sum payment upon completion ; (ii) payment in accordance with specified tasks or the percentage of completion of the services, less contract retention; (iii) payment for tim e and materials based upon the Consultant’s rates as specified in the Schedule of Compensation, provided that (a) time estimates are provided for the performance of s ub tasks, (b) contract retention is maintained, and (c) the Contract Sum is not exceeded; or (iv) such other methods as may be specified in the Schedule of Compensation.

2.3 Reimbursable Expenses.

Compensation may include reimbursement for actual and necessary expenditures for reproduction costs, telephone expenses, and travel expenses approved by the Contract Officer in advance, or actual subcontractor expenses of an approved subcontractor pursuant to Section 4.5, and only if specified in the Schedule of Comp ensation. The Contract Sum shall include the attendance of Consultant at all project meeti ngs r easonably deemed necessary by the City.

Coordination of the performance of the work with City is a critical component of the services. If Consultant is required t o attend additional meetings to facilitate such coordination, Consultant shall not be entitled to any additional compensation for attending said meetings.

2.4 Invoices.

Each month Consultant shall furnish to City an original invoice for all work performed and expenses incurred during the preceding month in a form approved by City ’s Director of Finance. By submitting an invoice for payment under this Agreement, Consultant is certifying compliance with all provisions of the Agreement. The invoice shall contain al l information specified in Exhibit “C” , and shall detail charges for all necessary and ac tual expenses by the following categories: labor (by sub -category), travel, materials, equipment, supplies, and sub - contractor contracts. Sub-contractor charges shall also be detailed by such categories. Consultant shall not invoice City for any duplicate services performed by more than one person.

City shall independently review each invoice submitted by the Consultant to determine whether the work performed and expen ses incurred are in compliance with the provisions of this Agreement. Except as to any ch arges for work performed or expenses incurred by Consultant which are disputed by City, or as provided in Section 7.3, City will use its best efforts to cause Consultant to be paid within forty -five (45) days of receipt of Consultant’s correct and undisputed invoice; however, Consultant acknowledges and agrees that due to City warrant run procedures, the City cannot guarantee that payment will occur within this time per iod. In the event any charges or expenses are disputed by City, the original invoice shal l be returned by City to Consultant for correction and resubmission. Review and payment by City for any invoice provided by the Consultant shall not constitute a waiv er of any rights or remedies provided herein or any applicable law.

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5 2.5 Waiver.

Payment to Consultant for work performed pursuant to this Agreement shall not be deemed to waive any defects in work performed by Consultant.

ARTICLE 3. PERFORMANCE SCHEDULE

3.1 Time of Essence.

Time is of the essence in the performance of this Agreement.

3.2 Schedule of Performance.

Consultant shall commence the services pursuant to this Agreement upon receipt of a written notice to proceed and shall perform all services within the time period(s) es tablished in the “Schedule of Performance ” attached hereto as Exhibit “D” and incorporated herein by this reference. When requested by the Consultant, extensions to the time period(s) specified in the Schedule of Performance may be approved in writing by th e Contract Officer but not exceeding one hundred eighty (180) days cumulatively.

3.3 Force Majeure.

The time period(s) specified in the Schedule of Performance for performance of the services rendered pursuant to this Agreement shall be extended because of an y delays due to unforeseeable causes beyond the control and without the fault or negligenc e of the Consultant, including, but not restricted to, acts of God or of the public enemy, unusually severe weather, fires, earthquakes, floods, epidemics, quarantine restrictions, riots, strikes, freight embargoes, wars, litigation, and/or acts of any gov ernmental agency, including the City, if the Consultant shall within ten (10) days of the commencement of such delay notify the Contract Officer in writing of the causes of the delay. The Contract Officer shall ascertain the facts and the extent of delay, and extend the time for performing the services for the period of the enforced delay when and if in the judgment of the Contract Officer such delay is justified. The Contract Officer ’s determination shall be final and conclusive upon the parties to this Ag reement. In no event shall Consultant be entitled to recover damages against the City for any delay in the performance of this Agreement, however caused, Consultant’s sole remedy being extension of the Agreement pursuant to this Section.

3.4 Term.

Unless earlier terminated in accordance with Article 7 of this Agreement, this Agreement shall continue in full force and effect until completion of the services but not exceeding three (3) years from the date hereof, except as otherwise provided in the Schedule of Pe rformance (Exhibit “D”). The City may, in its sole discretion, extend the Term for two (2) additional one- year terms.

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6 ARTICLE 4. COORDINATION OF WORK

4.1 Representatives and Personnel of Consultant.

The following principals of Consultant (“Principals”) are hereby designated as being the principals and representatives of Consultant authorized to act in its behalf with respect to the work specified herein and make all decisions in connection therewith:

Frances J. Kuo Managing Partner
(Name) (Title)

Sophia H. Kuo Partner
(Name) (Title)
It is expressly understood that the experience, knowledge, capability and reputation of the foregoing principals were a substantial indu cement for City to enter into this Agreement.

Therefore, the foregoing principa ls shall be responsible during the term of this Agreement for directing all activities of Consultant and devoting sufficient time to personally supervise the services hereunder. All personnel of Consultant, and any authorized agents, shall at all times be under the exclusive direction and control of the Principals. For purposes of this Agreement, the foregoing Principals may not be replaced nor may their responsibilities be subst antially reduced by Consultant without the express written approval of City. Additionally, Consultant shall utilize only competent personnel to perform services pursuant to this Agreement. Consultant shall make every reasonable effort to maintain the stabil ity and continuity of Consultant’s staff and subcontractors, if any, assigned to pe rform the services required under this Agreement.

Consultant shall notify City of any changes in Consultant’s staff and subcontractors, if any, assigned to perform the serv ices required under this Agreement, prior to and during any such performance.

4.2 Status of Consultant.

Consultant shall have no authority to bind City in any manner, or to incur any obligation, debt or liability of any kind on behalf of or against City, wheth er by contract or otherwise, unless such authority is expressly conferred under this Agreement or is otherwise expressly conferred in writing by City. Consultant shall not at any time or in any manner represent that Consultant or any of Consultant’s offic ers, employees, or agents are in any manner officials, officers, employees or agents of City. Neither Consultant, nor any of Consultant’s officers, employees or agents, shall obtain any rights to retirement, health care or any other benefits which may otherwise accrue to City ’s employees. Consultant expressly waives any claim Consultant may have to any such rights.

4.3 Contract Officer.

The Contract Officer shall be the City ’s City Manager or such person as may be designated by the City Manag er. It shall be the Consultant’s responsibility to assure that the Contract Officer is kept inform ed of the progress of the performance of the services and the

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7 Consultant shall refer any decisions which must be made by City to the Contract Officer. Unless otherwise specified herein, any approval of City required hereunder shall mean the approval of the Contract Officer. The Contract Officer shall have authority, if specified in writing by the City Manager, to sign all documents on behalf of the City require d hereunder to carry out the terms of this Agreement.

4.4 Independent Consultant.

Neither the City no r any of its employees shall have any control over the manner, mode or means by which Consultant, its agents or employees, perform the services required herei n, except as otherwise set forth herein. City shall have no voice in the selection, discharge, supervision or control of Consultant’s employees, servants, representatives or agents, or in fixing their number, compensation or hours of service. Consultant shall perform all services required herein as an independent contractor of City and shall remain at all t imes as to City a wholly independent contractor with only such obligations as are consistent with that role. Consultant shall not at any time or in any m anner represent that it or any of its agents or employees are agents or employees of City. City shall not in any way or for any purpose become or be deemed to be a partner of Consultant in its business or otherwise or a joint venturer or a member of any joint enterprise with Consultant.

4.5 Prohibition Against Subcontracting or Assignment.

The experience, knowledge, capability and reputation of Consultant, its principals and employees were a substantial inducement for the City to enter into this Agreement. Therefore, Consultant shall not contract with any other entity to perform in whole or in part the serv ices required hereunder without the express written approval of the City. In addition, neith er this Agreement nor any interest herein may be transferred, assi gned, conveyed, hypothecated or encumbered voluntarily or by operation of law, whether for the ben efit of creditors or otherwise, without the prior written approval of City. Transfers restricted hereunder shall include the transfer to any person or group o f persons acting in concert of more than twenty five percent (25%) of the present ownership and/or control of Consultant, taking all transfers into account on a cumulative basis. In the even t of any such unapproved transfer, including any bankruptcy proceeding, this Agreement shall be void. No approved transfer shall release the Consultant or any surety of Consultant of any liability hereunder without the express consent of City.

ARTICLE 5. INSURANCE AND INDEMNIFICATION

5.1 Insurance Coverages.

Without limiting Consultant ’s indemnification of City, and prior to commencement of any services under this Agreement, Consul tant shall obtain, provide and maintain at its own expense during the term of this Agreement , policies of insurance of the type and amounts described below and in a form satisfactory to City.
(a) General liability insurance . Consultant shall maintain comm ercial general liability insurance with coverage at least as broad as Insurance Services Office form CG 00 0 1, in an amount not less than $2,000,000 per occur rence, $4,000,000 general aggregate, for bodily

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8 injury, personal injury, and property damage. The policy must include contractual liability that has not been amended. Any endorsement restric ting standard ISO “insured contract” language will not be accepted.
(b) Automobile liability insurance . Consultant shall maintain automobile insurance at least as b road as Insurance Services Office form CA 00 01 covering bodily injury and property damage for all activities of the Consultant arising out of or in connectio n with Services to be performed under this Agreement, including coverage for any owned, hired, non - owned or rented vehicles, in an amount not less than $1,000,000 combined single limit for e ach accident.
(c) Professional liability (errors & omissions) insu rance. Consultant shall maintain professional liability insurance that covers the Services to be p erformed in connection with this Agreement, in the minimum amount of $1,000,000 per claim and in the aggregate. Any policy inception date, continuity date, or retroactive date must be before the effective date of this Agreement and Consultant agrees to mai ntain continuous coverage through a period no less than three (3) years after completion of the services required by this Agreement. (d) Workers’ compensatio n insurance . Consultant shall maintain Workers’ Compensation Insurance (Statutory Limits) and Empl oyer’s Liability Insurance (with limits of at least $1,000,000).
(e) Subcontractors. Consultant shall include all subcontractors as insureds under its polici es or shall furnish separate certificates and certified endorsements for each subcontractor. All c overages for subcontractors shall include all of the requirements stated herein.
(f) Additional Insurance. Policies of such other insurance, as may be require d in the Special Requirements in Exhibit “B”.

5.2 General Insurance Requirements.
(a) Proof of insura nce. Consultant shall provide certificates of insurance to City as evidence of the insurance coverage required herein, along with a waiver of subrogation endorsement for workers’ compensation. Insurance certificates and endorsements must be approved by City’s Risk Manager prior to commencement of performance. Current certification of insurance sh all be kept on file with City at all times during the term of this Agreement. City reserves the right to require complete, certified copies of all required insuranc e policies, at any time.
(b) Duration of coverage . Consultant shall procure and maintain for the duration of this Agreement insurance against claims for inju ries to persons or damages to property, which may arise from or in connection with the performance of the Services hereunder by Consultant, its agents, representatives, employees or subconsultants. (c) Primary/noncontributing. Coverage provided by Consult ant shall be primary and any insurance or self-insurance procured or maintained by City shall not be required

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9 to contribute with it. The limits of insurance required herein may be satisfied by a combination of primary and umbrella or excess insurance. Any umbrella or excess insurance shall contain or be endorsed to contain a provision that such coverag e shall also apply on a primary and non - contributory basis for the benefit of City before th e City’s own insurance or self -insurance shall be called upon to protect it as a named insured.
(d) City’s rights of enforcement. In the event any policy of insuran ce required under this Agreement does not comply with these specifications or is canceled and not replaced, City has the right but not the duty to obtain the insurance it deems necessary and any premium paid by City will be promptly reimbursed by Consultan t or City will withhold amounts sufficient to pay premium from Consultant payments. In the alternative, City may cancel this Agreement. (e) Acceptable insurers. All insurance policies shall be issued by an insurance company currently authorized by the Insu rance Commissioner to transact business of insurance or that is on the List of Approved Surplus Line Insurers in the State of California, with an assigned policyholders’ Rating of A- (or higher) and Financial Size Category Class VI (or larger) in accordance with the latest edition of Best’s Key Rating Guide, unless otherwise approved by the City’s Risk Manager.
(f) Waiver of subrogation . All insurance coverage maintained or procured pursuant to this agreement shall be endorsed to waive subrogation against C ity, its elected or appointed officers, agents, officials, employees and volunteers or shall specifically allow Consultant or others providing insurance evide nce in compliance with these specifications to waive their right of recovery prior to a loss. Cons ultant hereby waives its own right of recovery against City, and shall require similar written express waivers and insurance clauses from each of its subconsultants.
(g) Enforcement of contract p rovisions (non -estoppel). Consultant acknowledges and agrees that any actual or alleged failure on the part of the City to inform Consultant of non -compliance with any requirement imposes no additional obligations on th e City nor does it waive any rights hereunder.
(h) Requirements not limiting . Requirements of spec ific coverage features or limits contained in this section are not intended as a limitation on coverage, limits or other requirements, or a waiver of any cove rage normally provided by any insurance. Specific reference to a given coverage feature is for pur poses of clarification only as it pertains to a given issue and is not intended by any party or insured to be all inclusive, or to the exclusion of other coverage, or a waiver of any type. If the Consultant maintains higher limits than the minimums shown above, the City requires and shall be entitled to coverage for the higher limits maintained by the Consultant. Any available insurance proceeds in excess of th e specified minimum limits of insurance and coverage shall be available to the City. (i) Notice of cancellation. Consultant agrees to oblige its insurance agent or broker and insurers to provide to City with a thirty (30) day notice of cancellation (except for nonpayment for which a ten (10) day notice is required) or nonrenewal of coverage for each required coverage.

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10 (j) Additional insured status . General liability policies shall provide or be endorsed to provide that City and its officers, officials, empl oyees, and agents, and volunteers shall be additional insureds under such policies. This provision shall also apply to any excess/umbrella liability policies.
(k) Prohibition of undisclosed coverage limitations . None of the coverages required herein will b e in compliance with these requirements if they include any limiting endorsement of any kind that has not been first submitted to City and approved of in writing. (l) Separation of insureds. A severability of interests provision must apply for all additional insureds ensuring that Consultant’s insurance shall apply separately to each insured against wh om cl aim is made or suit is brought, except with respect to the insurer’s limits of liability. The policy(ies) shall not contain any cross-liability exclusions. (m) Pass through clause . Consultant agrees to ensure that its subconsultants, subcontractors, and any other party involved with the project who is brought onto or involved in the project by Consultant, provide the same minimum insurance coverage and end orsements required of Consultant. Consultant agrees to monitor and review all such coverage and as sumes all responsibility for ensuring that such coverage is provided in conformity with the requirements of this section. Consultant agrees that upon request, all agreements with consultants, subcontractors, and others engaged in the project will be submitted to City for review. (n) Agency’s right to revise specifications . The City reserves the r ight at any time during the term of the contract to change the amo unts and types of insurance required by giving the Consultant ninety (90) days advance written not ice o f such change. If such change results in substantial additional cost to the Consultant, the City and Consultant may renegotiate Consultant’s compensation.
(o) Self-insured retentions . Any self -insured retentions must be declared to and approved by City. City reserves the right to require that self-insured retentions be eliminated, lowered, or replaced by a deductible. Self -insurance will not be considered to comply with these specifications unless approved by City.
(p) Timely notice of claims . Consult ant s hall give City prompt and timely notice of claims made or suits instituted that arise out of or result from Consultant’s performance under this Agreement , and that involve or may involve coverage under any of the required liability policies.
(q) Additional insurance. Consultant shall also procure and maintain, at its own cost and expense, an y additional kinds of insurance, which in its own judgment may be necessary for its proper protection and prosecution of the work.

5.3 Indemnification.

To the full exte nt pe rmitted by law, Consultant agrees to indemnify , defend and hold harmless the City, its officers, employees and agents ( “Indemnified Parties ”) against, an d will hold and save them and each of them harmless from, any and all actions, either judicial,

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11 administrative, arbitration or regulatory claims, damages to persons or property, losses, cost s, penalties, obligations, errors, omissions or liabilities whether actual or threatened (herein “claims or liabilities”) that may be asserted or claimed by any per son, firm or entity arising out of or in connection with the negligent performance of the work, operations or activities provided herein of Consultant, its officers, employees, agents, subcontractors, or invitees, or any individual or entity for which Consultant is legally liable (“indemnitors”), or arising from Consultant’s or indemnitors’ reckless or willful misconduct, or arising from Consultant’s or indemnitors’ negligent performance of or failure to perform any term, provision, covenant or condition of this Agreement, and in connection therewith:
(a) Consultant will defend any action or actions filed in connection with any of said claims or liabilities and will pay all costs and expenses, including legal costs and attorneys’ fees incurred in connection therewith;
(b) Consultant will promptly pay any judgment rendered against the City, its officers, agents or employees for any such claims or liabilities arising out o f or in connection with the negligent performance of or failure to perform such work, operations o r act ivities of Consultant hereunder; and Consultant agrees to save and hold the City, its officers, agents, and employees harmless therefrom;
(c) In the event th e City, its officers, agents or employees is made a party to any action or proceeding filed or prosecuted against Consultant for such damages or other claims arising out of or in connection with the negligent performance of or failure to perform the work, operation or activities of Consultant hereunder, Consultant agrees to pay to the City, its officers, agents or employees, any and all costs and expenses incurred by the City, its officers, agents or employees in such action or proceeding, including but not limited to, legal costs and attorneys ’ fees.

Consultant shall incorporate similar indemnity agreements with its subcontra ctors and if it fails to do so Consultant shall be fully responsible to indemnify City hereunder therefore, and failure of City to mon itor compliance with these provisions shall not be a waiver hereof. This indemnification includes claims or liabilities arising from any negligent or wrongful act, error or omission, or reckless or willful misconduct of Consultant in the performance of pro fessional services hereunder. The provisions of this Section do not apply to claims or liabilities occurring as a result of City ’s sole negligence or willful acts or omissions, but, to the f ullest extent permitted by law, shall apply to claims and liabilit ies resulting in part from City ’s negligence, except that design professionals ’ indemnity hereunder shall be limited to claims and liabilities arising out of the negligence, recklessness or willful misconduct of the design professional . The indemnity obligation shall be binding on successors and assigns of Consultant and shall survive termination of this Agreement.

ARTICLE 6. RECORDS, REPORTS, AND RELEASE OF INFORMATION

6.1 Records.

Consultant shall keep, and require subcontractors to keep, such ledgers , books of accounts, invoices, vouchers, canceled checks, reports, studies or other documents relating to the disbursements charged to City and services performed hereunder (the “books and records ”), as

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12 shall be necessary to perform the services required by this Agreement a nd enable the Contract Officer to evaluate the performance of such services. Any and all such docu ments shall be maintained in accordance with generally accepted accounting principles and sh all be complete and detailed. The Contract Officer shall have full and free access to such books and records at all times during normal business hours of City, incl uding the right to inspect, copy, audit and make records and transcripts from such records. Such records shall be maintained for a period of three (3) years following completion of the services hereunder, and the City shall have access to such records in t he event any audit is required. In the event of dissolution of Consultant’s business, custody of the books and records may be given to City, and access shall be provided by Consultant’s successor in interest. Notwithstanding the above, the Consultant shall fully cooperate with the City in providing access to the books and records if a public records request is made and disclosure is required by law including but not limited to the California Public Records Act.

6.2 Reports.

Consultant shall periodically prepar e and submit to the Contract Officer such reports concerning the performance of the services required by this Agreement as the Contract Officer shall require. Consultant hereby acknowledges that the City is greatly concerned about the cost of work and serv ices to be performed pursuant to this Agreement. For this reason, Consultant agrees that if Consultant becomes aware of any facts, circumstances, techniques, or events that may or will materially increase or decrease the cost of the work or services contem plated herein or, if Consultant is providing design services, the cost of the project being designed, Consultant shall promptly notify the Contract Officer of said fact, circumstance, technique or event and the estimated increased or decreased cost related thereto and, if Consultant is providing design services, the estimated increased or decreased cost estimate for the project being designed.

6.3 Ownership of Documents.

All drawings, specifications, maps, designs, photographs, studies, surveys, data, notes, computer files, reports, records, documents and other materials (the “documents and materials ”) prepared by Consultant, its employees, subcontractors and agents in the performance of this Agreement shall be the property of City and shall be delivered to City upon request of the Contract Officer or upon the termination of this Agreement, and Consultant shall have no claim for further employment or additional compe nsation as a result of the exercise by City of its full rights of ownership use, reuse, or assignm ent of the documents and materials hereunder. Any use, reuse or assignment of such completed documents for other projects and/or use of uncompleted documents without specific written authorization by the Consultant will be at the City’s sole risk and witho ut li ability to Consultant, and Consultant’s guarantee and warranties shall not extend to such use, re use or assignment . Consultant may retain copies of such documents for its own use. Consultant shall have the right to use the concepts embodied therein.

All subcontractors shall provide for assignment to City of any documents or materials prepare d by them, and in the event Consultant fails to secure such assignment, Consultant shall indemnify City for all damages resulting therefrom. Moreover, Consultant wi th respect to any documents and materials that may qualify as “works made for hire ” as defined in 17 U.S.C. § 101, such documents and materials are hereby deemed “works made for hire” for the City.

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13 6.4 Confidentiality and Release of Information.
(a) All infor mation gained or work product produced by Consultant in performance of this Agreement shall be considered confidential, unless such information is in the public domain or already known to Consultant. Consultant shall not release or disclose any such information or work product to persons or entities other than City without prior written authorization from the Contract Officer.
(b) Consultant, its officers, emp loyees, agents or subcontractors, shall not, without prior written authorization from the Contract Officer or unless requested by the City Attorney, voluntarily provide documents, declarations, letters of support, testimony at depositions, response to inte rrogatories or other information concerning the work performed under this Agreement. Response to a subpoena or court order shall not be considered “voluntary” provided Consultant gives City notice of such court order or subpoena. (c) If Consultant, or any officer, employee, agent or subcontractor of Consultant, provides any information or work product in violation of this Agreement, then City shall have the right to reimbursement and indemni ty from Consultant for any damages, costs and fees, including attorney’s fees, caused by or incurred as a result of Consultant’s conduct. (d) Consultant shall promp tly n otify City should Consultant, its officers, employees, agents or subcontractors be served with any summons, complaint, subpoena, notice of deposition, re quest for documents, interrogatories, request for admiss ions or other discovery request, court or der o r subpoena from any party regarding this Agreement and the work performed there under. City retains the right, but has no obligation, to represent Consultant or be present at any deposition, hearing or similar proceeding. Consultant agrees to cooperat e ful ly with City and to provide City with the opportunity to review any response to discovery requests provided by Consultant. However, this right to review any such response does not imply or mean the right by City to control, direct, or rewrite said response.

ARTICLE 7. ENFORCEMENT OF AGREEMENT AND TERMINATION

7.1 California Law.

This Agreement shall be int erpreted, construed and governed both as to validity and to performance of the parties in accordance with the laws of the State of California. Legal actions concerning any dispute, claim or matter arising out of or in relation to this Agreement shall be instituted in the Superior Court of the County of Los Angeles, State of California, or any other appropriate court in such county, and Consultant covenants and agrees to submit to the personal jurisdiction of such court in the event of such action. In the ev ent of litigation in a U.S. District Court, venue shall lie exclus ively in the Central District of California, in the County of Los Angeles, State of California.

7.2 Disputes; Default.

In the event that Consultant is in default under the terms of this Agreement, the City shall not have any obligation or duty to continue comp ensating Consultant for any work performed

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14 after the date of default. Instead, the City may give n otice to Consultant of the default and the reasons for the default. The notice shall include the timeframe in which Consultant may cure the default. This time frame is presumptively thirty (30) days, but may be extended, though not reduced, if circumstances warrant. During the period of time that Consultant is in default, the City shall hold all invoices and shall, when the default is cured, proceed with payment on the invoices. In the alternative, the City may, in its sole discretion, elect to pay some or a ll of the outstanding invoices during the period of default. If Consultant does not cure the default, the City may take necessary steps to terminate this Agre ement under this Article. Any failure on the part of the City to give notice of the Consultant’s d efault shall not be deemed to result in a waiver of the City’s legal rights or any rights arising out of any provision of this Agreement.

7.3 Retention of Funds.

Consultant hereby authorizes City to deduct from any amount payable to Consultant (whether or not arising out of this Agreement) (i) any amounts the payment of which may be in dispute hereunder or which are necessary to compensate City for any losses, cost s, liabilities, or damages suffered by City, and (ii) all amounts for which City may be liable to third parties, by reason of Consultant’s acts or omissions in performing or failing to perform Consultant’s obligation under this Agreement. In the event that any claim is made by a third party, the amount or validity of which is disputed by Consultant, or any indebtedness shall exist which shall appear to be the basis for a claim of lien, City m ay withhold from any payment due, without liability for interest because of such withholding, an amount sufficient to cover such claim. The failure of City to exercise such right to deduct or to withhold shall not, however, affect the obligations of the Consultant to insure, indemnify, and protect City as elsewhere provided herein.

7.4 Waiver.

Waiver by any party to this Agreement of any term, condition, or covenant of t his Agreement shall not constitute a waiver of any other term, condition, or covenant. Waiver by any party of any breach of the provisions of this Agreement s hall not constitute a waiver of any other provision or a waiver of any subsequent breach or violat ion of any provision of this Agreement.

Acceptance by City of any work or services by Consultant shall not constitute a waiver of any of the provisions of this Agreement. No delay or omission in the exercise of any right or remedy by a non -defaulting party on a ny default shall impair such right or remedy or be construed as a waiver. Any waiver by either party of any default must be in writing and shall not be a waiver of any other default concerning the same or any other provision of this Agreement.

7.5 Rights and Remedies are Cumulative.

Except with respect to rights and remedies expressly declared to be exclusive in this Agreement, the rights and remedies of the parties are cumulative and the exercise by either party of one or more of such rights or remedies shall not preclude the exercise by it, at the same or different times, of any other rights o r remedies for the same default or any other default by the other party.

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15 7.6 Legal Action.

In addition to any other rights or remedies, either party may take legal acti on, in law or in equity, to cure, correct or remedy any default, to recover damages for any default, to compel specific performance of this Agreement, to obta in declaratory or injunctive relief, or to obtain any other remedy consistent with the purposes of this Agreement. Notwithstanding any contrary provision herein, Consultant shall file a stat utory claim pursuant to Government Code Sections 905 et seq. and 910 et seq., in order to pursue a legal action under this Agreement.

7.7 Termination Prior to Expiration of Term.

This Section shall govern any termination of this Contract except as specifically provided in the following Section for termination for cause. The City reserves the right to terminate this Contract at any time, with or without cause, upon thirt y (30) days’ written notice to Consultant, except that where termination is due to the fault of the Consultant, the period of notice may be such shorter time as may be determined by the Contract Officer . In addition, the Consultant reserves the right to te rminate this Contract at any time, with or without cause, upon sixty (60) days’ written notice to City, except that where termination is due to the fault of t he City, the period of notice may be such shorter time as the Consultant may determine. Upon receipt of any notice of termination, Consultant shall immediately cease all services hereunder e xcept such as may be specifically approved by the Contract Officer. Except where the Consultant has initiated termination, the Consultant shall be entitled to compensation for all services rendered prior to the effective date of the notice of termination and for any services authorized by the Contract Officer thereafter in accordance with the Schedule of Compensation or such as may be approved by the Contract Officer , exc ept as provided in Section 7.3. In the event the Consultant has initiated termination, the Consultant shall be entitled to compensation only for the reas onable value of the work product actually produced hereunder. In the event of termination without cause pursuant to this Section, the terminating party need not provide the non -terminating party with the opportunity to cure pursuant to Section 7.2.

7.8 Termination for Default of Consultant.

If termination is due to the failure of the Consultant to fulfill its obligations under this Agreement, City may, after compliance with the provisions of Sect ion 7.2, take over the work and prosecute the same to completion by contract or otherwise, and the Consultant shall be liable to the extent that the total cost for completion of the services required hereunder exceeds the compensation herein stipulated (provided that the City shall use reasonable efforts to mitigate such damages), and City may withhold any payments to the Consultant for the purpose of set-off or partial payment of the amounts owed the City as previously stated.

7.9 Attorneys’ Fees.

If either pa rty to this Agreement is required to initiate or defend or made a party to any action or proceeding in any way connected with this Agreement, the prevailing party i n suc h action or proceeding, in addition to any other relief which may be granted, whether legal or equitable, shall be entitled to reasonable attorney ’s fees. Attorney’s fees shall include attorney ’s fees on any appeal, and in addition a party entitled to attorney’s fees shall be entitled to all other

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16 reasonable costs for investigating such acti on, taking depositions and discovery and all other necessary costs the court allows which are incurred in such litigation. All such fees shall be deemed to have acc rued on commencement of such action and shall be enforceable whether or not such action is prosecuted to judgment.

ARTICLE 8. CITY OFFICERS AND EMPLOYEES: NON-DISCRIMINATION

8.1 Non-liability of City Officers and Employees.

No officer or employee of the City shall be per sonally liable to the Consultant, or any successor in interest, in the event of any default or breach by the City or for any amount which may become due to th e Consultant or to its successor, or for breach of any obligation of the terms of this Agreement.

8.2 Conflict of Interest.

Consultant covenants that neither it, nor any officer or principal of its firm, has or shall acquire any interest, directly or indirectl y, which would conflict in any manner with the interests of City or which would in any way hinder Consultant’s performance of services under this Agreement. Consultant further covenants that in the performance of this Agreement, no person having any such i nterest shall be employed by it as an officer, employee, agent or sub contractor without the expres s wri tten consent of the Contract Officer . Consultant agrees to at all times avoid conflicts of interest or the appearance of any conflicts of interest with t he interests of City in the performance of this Agreement.

No officer or employee of the City shall have any financial interest, direct or indirect, in this Agreement nor shall any such off icer or employee participate in any decision r elating to the Agreement which a ffects her/his financial interest or the financial interest of any corporation, partnership or association in which (s)he is, directly or indirectly, interested, in violation of any State statute or regulation. The Consultant warrants that it has not paid or given and will not pay or give any third party any money or other consideration for obtaining this Agreement.

8.3 Covenant Against Discrimination.

Consultant covenants that, by an d for itself, its heirs, executors, assigns, and all persons claiming under or through them, that there shall be no discrimination against or segregation of, any pe rson or group of persons on account of race, color, creed, religion, sex, gender, sexual orientation, marital status, national origin, ancestry or other protected class in the performance of this Agreement. Consultant shall take affirmative action to insur e that applicants are employed and that employees are treated during employment without rega rd to their race, color, creed, religion, sex, gender, sexual orie ntation, marital status, national origin, ancestry or other protected class.

8.4 Unauthorized Aliens.

Consultant hereby promises and agrees to comply with all of the provisions of the Federal Immigration and Nationality Act, 8 U.S.C. § 1101 et seq. , as amended , and in connection

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Bell City CouncilApril 9, 2025

Bell City Council
April 9, 2025