June 2025 Investment Report.pdf — Corona City Council, August 20, 2025

____________________________________________________________________________________________________________________ Prepared By: Chandler Asset Management
City of Corona
Investment Portfolio Report
Month Ending June 30, 2025
In accordance with the City Investment Policy, a monthly investment report shall be filed with the City Council which provides a clear picture of the status of the current investments. The report for the month ending June 30, 2025 has been prepared by Chandler Asset Management. We hereby certify that this report accurately reflects all pooled investments and is in compliance with the City’s Investment Policy. Combined with anticipated revenues, the portfolio contains sufficient investment liquidity to meet budgeted expenditures for the next six months.

SUBMITTED BY:

_____________________________________
Chad T. Willardson
City Treasurer
____________________________________
Brett Channing
Assistant City Manager
____________________________________
Kim Sitton
Finance Director
REVIEWED BY:
_____________________________________
Christine Thompson
Accounting Manager
Investment Summary
City's Investment Pension Trust Total Investment
Beginning balance May 31, 2025 446,900,953 $ 43,722,366 $ 490,623,319 $ Acquisitions / Additions:

Agency Notes 10,975,156 10,975,156
US Corporate Notes - -
LAIF 31,300,000 31,300,000
Money Market Fund 8,253,216 199,342 8,452,558
$ 50,528,372 199,342 $ 50,727,715
Dispositions / Withdrawals:

Agency Notes - -
US Corporate Notes 9,469,602 9,469,602
LAIF 16,500,000 16,500,000
Money Market Fund 8,023,077 8,023,077
Maturity/Call Redemption - - $ 33,992,680 $ 33,992,680
Gain/(Loss) on Dispositions (339,016) $ 87,100 $ (251,916) $ Ending balance June 30, 2025 463,097,630 $ 44,008,808 $ $ 507,106,439 Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1

MONTHLY ACCOUNT STATEMENT
City of Corona Cons Account | Account #10003 | As of June 30, 2025 CHANDLER ASSET MANAGEMENT | chandlerasset.com
Information contained herein is . 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:

Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 2

PORTFOLIO SUMMARY
Portfolio Characteristics
Sector Allocation
Account Summary
Maturity Distribution
Top Issuers
Credit Quality (S&P)
Average Modified Duration 2.29
Average Coupon 3.70%
Average Purchase YTM 3.93%
Average Market YTM 4.05%
Average Credit Quality* AA+
Average Final Maturity 2.70
Average Life 2.36
End Values as of
05/31/2025
End Values as of
06/30/2025
Market Value 449,413,613.71 467,745,815.94
Accrued Interest 2,822,499.11 2,806,404.98
Total Market Value 452,236,112.82 470,552,220.93
Income Earned 731,802.48 1,719,598.46
Cont/WD 18,300,000.00 14,800,000.00
Par 451,531,373.20 467,727,927.39
Book Value 446,900,953.41 463,097,630.34
Cost Value 446,900,953.41 463,097,630.34
Government of The United States 34.50%
LAIF 11.29%
FHLMC 9.87%
International Bank for Recon and Dev 3.27%
FNMA 2.66%
Toyota Motor Corporation 1.49%
American Express Credit Master Trust 1.40%
Massachusetts Mutual Life Insurance 1.34%
*The average credit quality is a weighted average calculation of the highest of S&P, Moody’s and Fitch.

Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 3

STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes

AGENCY MORTGAGE SECURITIES (CMOS)
Max % (MV) 100.0 9.9 Compliant
Max Maturity (Years) 5.0 3.8 Compliant

ASSET-BACKED SECURITIES (ABS)
Max % (MV) 20.0 9.5 Compliant
Max % Issuer (MV) 5.0 0.8 Compliant
Max Maturity (Years)54 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant

BANKERS' ACCEPTANCES
Max % (MV) 20.0 0.0 Compliant
Max % Issuer (MV) 25.0 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

COLLATERALIZED TIME DEPOSITS (NON-NEGOTIABLE
CD/TD)
Max % Issuer (MV) 5.0 0.0 Compliant

COMMERCIAL PAPER
Max % (MV) 40.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Days) 270 0.0 Compliant
Min Rating (A-1 by 1 or A- by 1) 0.0 0.0 Compliant

CORPORATE MEDIUM TERM NOTES
Max % (MV) 30.0 23.4 Compliant
Max % Issuer (MV) 5.0 1.5 Compliant
Max Maturity (Years)54 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

FEDERAL AGENCIES
Max % (MV) 100.0 5.4 Compliant
Max Callables (MV) 20.0 0.0 Compliant
Max Maturity (Years)53 Compliant

LOCAL AGENCY INVESTMENT FUND (LAIF)
Max Concentration (MV) 75.0 52.8 Compliant

MONEY MARKET MUTUAL FUNDS
Max % (MV) 20.0 0.4 Compliant
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 4

STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes
Max % Issuer (MV) 20.0 0.4 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 (CA, LOCAL AGENCY)
Max % (MV) 25.0 1.0 Compliant
Max % Issuer (MV) 5.0 1.0 Compliant
Max Maturity (Years)54 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

MUNICIPAL SECURITIES (CA, OTHER STATES)
Max % (MV) 25.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Years)5 0.0 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

MUTUAL FUNDS
Max % (MV) 10.0 0.0 Compliant
Min Rating (AAA by 2) 0.0 0.0 Compliant

NEGOTIABLE CERTIFICATES OF DEPOSIT (NCD)
Max % (MV) 20.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Years)3 0.0 Compliant
Min Rating (A-1 by 1 or A- by 1 if > FDIC Limit) 0.0 0.0 Compliant

REPURCHASE AGREEMENTS
Max % (MV) 10.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Days) 14.0 0.0 Compliant

SUPRANATIONAL OBLIGATIONS
Max % (MV) 30.0 4.6 Compliant
Max % Issuer (MV) 10.0 3.3 Compliant
Max Maturity (Years)54 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 5

STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes
U.S. TREASURIES
Max % (MV) 100.0 34.5 Compliant
Max Maturity (Years) 5 4 Compliant
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 6

RECONCILIATION SUMMARY
Accrual Activity Summary
Fair Market Activity Summary
Month to Date Fiscal Year to Date
(01/01/2025)
Beginning Book Value 446,900,953.41 459,819,324.73
Maturities/Calls 0.00 (14,981,000.00)
Principal Paydowns (307,815.37) (5,416,431.97)
Purchases 50,528,372.33 299,510,244.74
Sales (33,684,864.38) (275,633,560.48)
Change in Cash, Payables, Receivables (325,769.14) 22,428.64 Amortization/Accretion 0.00 0.00
Realized Gain (Loss) (13,246.51) (223,375.31)
Ending Book Value 463,097,630.34 463,097,630.34
Month to Date Fiscal Year to Date
(01/01/2025)
Beginning Market Value 449,413,613.71 456,281,046.71
Maturities/Calls 0.00 (14,981,000.00)
Principal Paydowns (307,815.37) (5,416,431.97)
Purchases 50,528,372.33 299,510,244.74
Sales (33,684,864.38) (275,633,560.48)
Change in Cash, Payables, Receivables (325,769.14) 22,428.64 Amortization/Accretion 0.00 0.00
Change in Net Unrealized Gain (Loss) 2,135,525.30 8,186,463.61 Realized Gain (Loss) (13,246.51) (223,375.31)
Ending Market Value 467,745,815.94 467,745,815.94
Maturities / Calls
Month to Date 0.00
Fiscal Year to Date (14,981,000.00)
Principal Paydowns
Month to Date (307,815.37)
Fiscal Year to Date (5,416,431.97)
Purchases
Month to Date 50,528,372.33
Fiscal Year to Date 299,510,244.74
Sales
Month to Date (33,684,864.38)
Fiscal Year to Date (275,633,560.48)
Interest Received
Month to Date 1,715,922.58
Fiscal Year to Date 7,570,427.03
Purchased / Sold Interest
Month to Date 19,770.00
Fiscal Year to Date 140,605.79
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 7

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
43815BAC4 HAROT 2022-1 A3 1.88
05/15/2026 100,934.12 02/15/20221.88%
100,918.94
100,918.94

99.80 4.77%
100,729.70

84.34 0.02%
(189.24)
Aaa/AAA
NA

0.87 0.07
05602RAD3 BMWOT 2022-A A3 3.21
08/25/2026 92,942.58 05/10/20223.21%
92,937.75
92,937.75

99.82 4.56%
92,774.76

49.72 0.02%
(162.98)
Aaa/AAA
NA

1.15 0.14
47787JAC2 JDOT 2022 A3 2.32 09/15/2026 104,576.30 03/10/2022

2.33%
104,553.16
104,553.16

99.72 4.16%
104,278.87
107.83

0.02%
(274.29)
Aaa/NA
AAA

1.21 0.15
362554AC1 GMCAR 2021-4 A3 0.68
09/16/2026 1,965.91 10/13/2021

0.68%
1,965.86
1,965.86

99.84 4.51%
1,962.81

0.56 0.00%
(3.05)
Aaa/AAA
NA

1.21 0.04
448977AD0 HART 2022-A A3 2.22
10/15/2026 88,085.91 03/09/20222.22%
88,082.52
88,082.52

99.83 4.49%
87,938.99

86.91 0.02%
(143.53)
NA/AAA
AAA

1.29 0.07
380146AC4 GMCAR 2022-1 A3 1.26
11/16/2026 20,321.16 01/11/20221.26%
20,319.39
20,319.39

99.86 4.72%
20,292.34

10.67 0.00%
(27.05)
NA/AAA
AAA

1.38 0.04
05611UAD5 BMWLT 2024-1 A3 4.98
03/25/2027 1,800,000.00 03/25/20245.01%
1,798,382.81
1,798,382.81
100.34

4.43%
1,806,144.30
1,494.00

0.39%
7,761.49
Aaa/AAA
NA

1.73 0.57
44934FAD7 HALST 2024-B A3 5.41
05/17/2027 1,615,000.00 05/14/20245.41%
1,614,955.10
1,614,955.10
100.79

4.55%
1,627,825.36
3,883.18

0.35%
12,870.26
NA/AAA
AAA

1.88 0.86
36269WAD1 GMALT 2024-2 A3 5.39
07/20/2027 1,495,000.00 05/07/20245.39%
1,494,913.14
1,494,913.14
100.80

4.38%
1,506,927.11
2,462.18

0.32%
12,013.97
NA/AAA
AAA

2.05 0.74
47800CAC0 JDOT 2023 A3 5.01 11/15/2027 1,329,462.92 02/22/2023

5.01%
1,329,220.69
1,329,220.69
100.30

4.60%
1,333,472.45
2,960.27

0.29%
4,251.76
Aaa/NA
AAA

2.38 0.65
58770JAD6 MBALT 2024-A A3 5.32
01/18/2028 1,085,000.00 05/17/20245.32%
1,084,873.06
1,084,873.06
101.22

4.38%
1,098,251.32
2,565.42

0.23%
13,378.26
Aaa/NA
AAA

2.55 1.22
44935WAD9 HALST 2025-A A3 4.83
01/18/2028 2,090,000.00 01/14/20254.83%
2,089,843.46
2,089,843.46
100.89

4.30%
2,108,597.03
4,486.53

0.45%
18,753.57
NA/AAA
AAA

2.55 1.52
437918AC9 HAROT 2024-1 A3 5.21
08/15/2028 3,435,000.00 02/13/20245.21%
3,434,850.58
3,434,850.58
100.86

4.32%
3,464,447.57
7,953.93

0.74%
29,596.99
Aaa/AAA
NA

3.13 0.90
161571HT4 CHAIT 2023-1 A 5.16 09/15/2028 3,645,000.00 09/07/2023

5.23%
3,643,989.61
3,643,989.61
101.16

4.21%
3,687,124.90
8,359.20

0.79%
43,135.29
NA/AAA
AAA

3.21 1.14
05522RDH8 BACCT 2023-2 A 4.98
11/16/2026 2,000,000.00 03/25/20244.85%
2,006,484.38
2,006,484.38
101.06

4.22%
2,021,155.80
4,426.67

0.43%
14,671.42
Aaa/NA
AAA

1.38 1.30
437930AC4 HAROT 2024-2 A3 5.27
11/20/2028 1,415,000.00 05/14/20245.27%
1,414,828.08
1,414,828.08
101.20

4.30%
1,431,912.93
2,692.82

0.31%
17,084.85
NA/AAA
AAA

3.39 1.16
36268GAD7 GMCAR 2024-1 A3 4.85
12/18/2028 1,985,000.00 03/25/20244.90%
1,980,890.43
1,980,890.43
100.50

4.32%
1,994,919.24
4,011.35

0.43%
14,028.81
Aaa/NA
AAA

3.47 0.85
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 8

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
448973AD9 HART 2024-A A3 4.99
02/15/2029 2,000,000.00 03/26/20244.98%
2,000,781.25
2,000,781.25
100.90

4.26%
2,017,978.20
4,435.56

0.43%
17,196.95
NA/AAA
AAA

3.63 1.14
096919AD7 BMWOT 2024-A A3 5.18
02/26/2029 1,855,000.00 06/04/20245.18%
1,854,718.23
1,854,718.23
101.26

4.11%
1,878,387.84
1,601.48

0.40%
23,669.61
Aaa/AAA
NA

3.66 1.12
47786WAD2 JDOT 2024-B A3 5.2 03/15/2029 2,100,000.00 06/11/2024

5.20%
2,099,589.45
2,099,589.45
101.58

4.24%
2,133,167.19
4,853.33

0.46%
33,577.74
Aaa/NA
AAA

3.71 1.54
02582JKH2 AMXCA 2024-1 A 5.23
04/16/2029 3,070,000.00 04/16/20245.23%
3,069,370.65
3,069,370.65
102.00

4.11%
3,131,300.23
7,136.04

0.67%
61,929.58
NA/AAA
AAA

3.79 1.67
05522RDJ4 BACCT 2024-1 A 4.93
05/15/2029 2,095,000.00 06/06/2024

4.93%
2,094,882.47
2,094,882.47
101.48

4.14%
2,126,033.44
4,590.38

0.45%
31,150.97
Aaa/AAA
NA

3.87 1.75
47800DAD6 JDOT 2025 A3 4.23 09/17/2029 2,080,000.00 03/04/2025

4.23%
2,079,869.17
2,079,869.17
100.25

4.16%
2,085,136.77
3,910.40

0.45%
5,267.60
Aaa/NA
AAA

4.22 2.18
92970QAE5 WFCIT 2024-2 A 4.29
10/15/2029 2,330,000.00 10/17/20244.29%
2,329,653.76
2,329,653.76
100.47

4.11%
2,340,953.33
4,442.53

0.50%
11,299.57
Aaa/AAA
NA

4.29 2.14
44935CAD3 HART 2025-A A3 4.32
10/15/2029 2,625,000.00 03/04/20254.32%
2,624,612.81
2,624,612.81
100.39

4.16%
2,635,139.33
5,040.00

0.56%
10,526.52
NA/AAA
AAA

4.29 1.98
02582JKP4 AMXCA 2025-2 A 4.28
04/15/2030 3,380,000.00 05/06/20254.28%
3,379,938.82
3,379,938.82
100.61

4.08%
3,400,674.45
6,429.51

0.73%
20,735.63
NA/AAA
AAA

4.79 2.58
Total ABS 43,838,288.90 4.90%
43,835,425.57
43,835,425.57
100.91

4.25%
44,237,526.26
88,074.83

9.46%
402,100.69

3.32 1.41
AGENCY
3135G05X7 FEDERAL NATIONAL MORTGAGE
ASSOCIATION 0.375 08/25/2025 6,285,000.00 --

0.46%
6,260,439.20
6,260,439.20

99.39 4.48%
6,246,479.30
8,249.06

1.34%
(13,959.90)
Aa1/AA+
AA+

0.15 0.15
3137EAEX3

FEDERAL HOME LOAN
MORTGAGE CORP 0.375
09/23/2025
6,295,000.00 --

0.44%
6,276,346.05
6,276,346.05

99.09 4.41%
6,237,643.61
6,426.15

1.33%
(38,702.44)
Aa1/AA+
AA+

0.23 0.23
3135G06G3 FEDERAL NATIONAL MORTGAGE
ASSOCIATION 0.5 11/07/2025 6,300,000.00 --0.57%
6,279,895.00
6,279,895.00

98.68 4.32%
6,216,849.26
4,725.00

1.33%
(63,045.74)
Aa1/AA+
AA+

0.36 0.34
880591EZ1 TENNESSEE VALLEY AUTHORITY

3.875 03/15/2028 3,500,000.00 05/04/20233.56%
3,548,755.00
3,548,755.00
100.30

3.76%
3,510,549.11
39,934.03

0.75%
(38,205.90)
Aa1/AA+
AA+

2.71 2.52
3130AWN63 FEDERAL HOME LOAN BANKS 4.0
06/30/2028 3,000,000.00 08/21/20234.53%
2,931,360.00
2,931,360.00
100.89

3.68%
3,026,748.90
333.33

0.65%
95,388.90
Aa1/AA+
AA+

3.00 2.80
Total Agency 25,380,000.00 1.40%
25,296,795.25
25,296,795.25

99.45 4.23%
25,238,270.18
59,667.57

5.40%
(58,525.07)

0.92 0.86
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 9

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

AGENCY CMBS
3137BSP72 FHMS K-058 A2 2.653
08/25/2026 1,500,000.00 11/12/20211.37%
1,586,425.78
1,586,425.78

98.16 4.23%
1,472,328.90
3,316.25

0.31%
(114,096.88)
Aa1/AA+
AAA

1.15 1.07
3137BSRE5 FHMS K-059 A2 3.12 09/25/2026 3,000,000.00 02/18/2022

1.98%
3,128,437.50
3,128,437.50

98.61 4.22%
2,958,248.40
7,800.00

0.63%
(170,189.10)
Aa1/AAA
AAA

1.24 1.10
3137FETN0 FHMS K-073 A2 3.35 01/25/2028 6,000,000.00 --

4.55%
5,707,999.69
5,707,999.69

98.31 4.01%
5,898,552.60
16,750.00

1.26%
190,552.91
Aa1/AA+
AAA

2.57 2.31
3137F4D41 FHMS K-074 A2 3.6 01/25/2028 3,000,000.00 03/16/2023

4.93%
2,911,054.69
2,911,054.69

98.87 4.01%
2,965,984.80
9,000.00

0.63%
54,930.11
Aa1/AA+
AAA

2.57 2.34
3137FG6X8 FHMS K-077 A2 3.85 05/25/2028 5,320,000.00 --

4.60%
5,229,125.01
5,229,125.01

99.43 4.00%
5,289,856.88
17,068.33

1.13%
60,731.87
Aa1/AA+
AAA

2.90 2.62
3137FGR31 FHMS K-078 A2 3.854
06/25/2028 1,997,000.00 06/22/20234.42%
1,951,677.46
1,951,677.46

99.44 4.00%
1,985,884.10
6,413.70

0.42%
34,206.64
Aa1/AA+
AAA

2.99 2.65
3137FJEH8 FHMS K-081 A2 3.9 08/25/2028 3,148,000.00 09/05/2023

4.88%
3,015,685.63
3,015,685.63

99.55 4.00%
3,133,696.43
10,231.00

0.67%
118,010.80
Aa1/AA+
AAA

3.15 2.89
3137FJKE8 FHMS K-082 A2 3.92 09/25/2028 2,500,000.00 11/28/2023

4.75%
2,411,328.13
2,411,328.13

99.65 3.98%
2,491,322.75
8,166.67

0.53%
79,994.62
Aa1/AA+
AAA

3.24 2.92
3137H4BY5 FHMS K-746 A2 2.031
09/25/2028 5,000,000.00 03/21/20244.56%
4,480,468.75
4,480,468.75

93.98 4.04%
4,699,207.00
8,462.50

1.00%
218,738.25
Aa1/AA+
AAA

3.24 3.02
3137H5YC5 FHMS K-748 A2 2.26 01/25/2029 8,000,000.00 --

4.64%
7,168,164.07
7,168,164.07

94.13 4.06%
7,530,277.60
15,066.67

1.61%
362,113.53
Aa1/AA+
AAA

3.57 3.28
3137FLMV3 FHMS K-090 A2 3.422
02/25/2029 4,950,000.00 05/30/20244.87%
4,637,144.53
4,637,144.53

97.84 4.04%
4,842,998.82
14,115.75

1.04%
205,854.29
Aa1/AAA
AA+

3.66 3.32
3137FLYV0 FHMS K-092 A2 3.298
04/25/2029 3,000,000.00 04/19/20244.94%
2,775,468.75
2,775,468.75

97.28 4.05%
2,918,313.00
8,245.00

0.62%
142,844.25
Aa1/AA+
AAA

3.82 3.46
Total Agency CMBS 47,415,000.00 4.42%
45,002,979.99
45,002,979.99

97.46 4.04%
46,186,671.28
124,635.87

9.87%
1,183,691.29

3.00 2.73
CASH
CCYUSD Receivable 4,380.19 -- 4,380.19
4,380.19

1.00 0.00%
4,380.19

0.00 0.00%

0.00 Aaa/AAA
AAA

0.00 0.00
CCYUSD Receivable 326,577.55 -- 326,577.55
326,577.55

1.00 0.00%
326,577.55

0.00 0.07%

0.00 Aaa/AAA
AAA

0.00 0.00
Total Cash 330,957.74
330,957.74
330,957.74

1.00 0.00%
330,957.74

0.00 0.07%

0.00 0.00

0.00 Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 10

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

CORPORATE
023135BX3 AMAZON.COM INC 1.0
05/12/2026 4,865,000.00 05/10/20211.09%
4,843,983.20
4,843,983.20

97.38 4.11%
4,737,654.93
6,621.81

1.01%
(106,328.27)
A1/AA
AA0.870.84
91324PEC2 UNITEDHEALTH GROUP INC 1.15
05/15/2026 805,000.00 --1.08%
807,605.05
807,605.05

97.21 4.45%
782,505.46
1,182.90

0.17%
(25,099.59)
A2/A+
A

0.87 0.85
89236TJK2 TOYOTA MOTOR CREDIT CORP

1.125 06/18/2026 3,325,000.00 06/15/20211.13%
3,323,537.00
3,323,537.00

97.05 4.28%
3,227,031.20
1,350.78

0.69%
(96,505.80)
A1/A+
A+

0.97 0.94
57629WDE7 MASSMUTUAL GLOBAL
FUNDING II 1.2 07/16/2026 2,272,000.00 08/10/20211.21%
2,271,369.92
2,271,369.92

96.93 4.24%
2,202,254.69
12,496.00

0.47%
(69,115.23)
Aa3/AA+
AA+

1.04 1.01
58989V2D5 MET TOWER GLOBAL FUNDING

1.25 09/14/2026 1,715,000.00 09/07/20211.27%
1,713,422.20
1,713,422.20

96.43 4.33%
1,653,699.01
6,371.70

0.35%
(59,723.19)
Aa3/AAAA1.21

1.17 931142ER0 WALMART INC 1.05 09/17/2026 785,000.00 09/08/2021

1.09%
783,516.35
783,516.35

96.64 3.91%
758,660.80
2,381.17

0.16%
(24,855.55)
Aa2/AA
AA

1.22 1.18
59217GER6 METROPOLITAN LIFE GLOBAL
FUNDING I 1.875 01/11/2027 2,485,000.00 01/03/20221.90% 2,482,167.10
2,482,167.10

96.65 4.16%
2,401,742.93
22,002.60

0.51%
(80,424.17)
Aa3/AAAA1.53

1.47 89114TZT2 TORONTO-DOMINION BANK 2.8
03/10/2027 1,900,000.00 03/09/20222.97%
1,884,933.00
1,884,933.00

97.64 4.26%
1,855,248.75
16,403.33

0.40%
(29,684.25)
A2/ANA1.69

1.62 91324PEG3 UNITEDHEALTH GROUP INC 3.7
05/15/2027 1,365,000.00 05/17/20223.69%
1,365,638.40
1,365,638.40

99.09 4.21%
1,352,561.19
6,453.42

0.29%
(13,077.21)
A2/A+
A

1.87 1.78
756109AU8 REALTY INCOME CORP 3.65
01/15/2028 4,500,000.00 --5.00%
4,242,810.00
4,242,810.00

98.77 4.17%
4,444,613.33
75,737.50

0.95%
201,803.33
A3/ANA2.54

2.36 24422EWR6 JOHN DEERE CAPITAL CORP 4.75
01/20/2028 2,450,000.00 01/23/20234.40%
2,487,705.50
2,487,705.50
101.58

4.09%
2,488,743.83
52,045.49

0.53%
1,038.33
A1/A
A+

2.56 2.34
91324PEP3 UNITEDHEALTH GROUP INC 5.25
02/15/2028 1,500,000.00 02/16/20234.75%
1,532,220.00
1,532,220.00
102.64

4.17%
1,539,637.62
29,750.00

0.33%
7,417.62
A2/A+
A

2.63 2.32
57636QAW4 MASTERCARD INC 4.875
03/09/2028 2,090,000.00 03/06/20234.90%
2,087,972.70
2,087,972.70
102.26

3.98%
2,137,225.66
31,698.33

0.46%
49,252.96
Aa3/A+
NA

2.69 2.40
037833ET3 APPLE INC 4.0 05/10/2028 1,650,000.00 05/08/2023

4.01%
1,649,083.50
1,649,083.50
100.35

3.87%
1,655,819.67
9,350.00

0.35%
6,736.17
Aaa/AA+
NA

2.86 2.59
58933YBH7 MERCK & CO INC 4.05
05/17/2028 1,975,000.00 05/08/20234.05%
1,975,392.25
1,975,392.25
100.46

3.88%
1,984,077.42
9,776.25

0.42%
8,685.17
Aa3/A+
NA

2.88 2.61
74340XCG4 PROLOGIS LP 4.875 06/15/2028 4,000,000.00 --

5.11%
3,959,713.70
3,959,713.70
102.01

4.14%
4,080,495.28
8,666.67

0.87%
120,781.58
A2/A
NA

2.96 2.66
78016HZS2 ROYAL BANK OF CANADA 5.2
08/01/2028 3,500,000.00 09/12/20235.50%
3,454,675.00
3,454,675.00
102.87

4.20%
3,600,489.48
75,833.33

0.77%
145,814.48
A1/A
AA3.092.77
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 11

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
69371RS64 PACCAR FINANCIAL CORP 4.95
08/10/2028 1,670,000.00 08/03/20234.99%
1,667,361.40
1,667,361.40
102.46

4.10%
1,711,101.05
32,377.13

0.37%
43,739.65
A1/A+
NA

3.11 2.81
74456QBX3 PUBLIC SERVICE ELECTRIC AND
GAS CO 3.65 09/01/2028 3,000,000.00 09/12/20235.15%
2,805,270.00
2,805,270.00

98.46 4.17%
2,953,680.90
36,500.00

0.63%
148,410.90
A1/A
NA

3.17 2.92
26442CAX2 DUKE ENERGY CAROLINAS LLC

3.95 11/15/2028 3,280,000.00 12/06/20234.81%
3,156,836.00
3,156,836.00

99.76 4.03%
3,272,018.74
16,554.89

0.70%
115,182.74
Aa3/A
NA

3.38 3.11
66815L2Q1

NORTHWESTERN MUTUAL
GLOBAL FUNDING 4.71
01/10/2029
2,400,000.00 --

4.67%
2,404,556.16
2,404,556.16
101.09

4.37%
2,426,131.56
53,694.00

0.52%
21,575.40
Aa1/AA+
AAA

3.53 3.15
57629W5B2 MASSMUTUAL GLOBAL
FUNDING II 4.85 01/17/2029 2,140,000.00 01/09/20244.85% 2,139,721.80
2,139,721.80
101.60

4.36%
2,174,322.09
47,282.11

0.46%
34,600.29
Aa3/AA+
AA+

3.55 3.16
46647PAM8 JPMORGAN CHASE & CO 3.509
01/23/2029 3,300,000.00 01/18/20245.07%
3,116,157.00
3,116,157.00

97.95 4.67%
3,232,491.37
50,822.02

0.69%
116,334.37
A1/A
AA3.572.38
61747YFA8 MORGAN STANLEY 5.123
02/01/2029 2,650,000.00 02/13/20245.31%
2,632,165.50
2,632,165.50
101.75

4.86%
2,696,256.20
56,566.46

0.58%
64,090.70
A1/AA+3.59

2.35 63743HFN7

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

4.85 02/07/2029
2,500,000.00 03/19/2024

5.02%
2,481,775.00
2,481,775.00
101.79

4.31%
2,544,827.98
48,500.00

0.54%
63,052.98
A2/AA3.61

3.15 17275RBR2 CISCO SYSTEMS INC 4.85
02/26/2029 1,960,000.00 02/21/20244.86%
1,959,314.00
1,959,314.00
102.48

4.11%
2,008,558.14
33,006.94

0.43%
49,244.14
A1/AANA3.66

3.21 14913UAJ9 CATERPILLAR FINANCIAL
SERVICES CORP 4.85 02/27/2029 2,500,000.00 03/19/2024

4.81%
2,504,150.00
2,504,150.00
102.30

4.16%
2,557,619.85
41,763.89

0.55%
53,469.85
A2/A
A+

3.66 3.28
26442UAH7 DUKE ENERGY PROGRESS LLC

3.45 03/15/2029 1,500,000.00 05/10/20245.07%
1,396,687.88
1,396,687.88

97.28 4.25%
1,459,262.13
15,237.50

0.31%
62,574.25
Aa3/A
NA

3.71 3.40
89115A2Y7 TORONTO-DOMINION BANK

4.994 04/05/2029 2,330,000.00 03/26/2024

4.99%
2,330,000.00
2,330,000.00
102.06

4.39%
2,378,039.19
27,797.16

0.51%
48,039.19
A2/AAA3.76

3.37 58989V2H6 MET TOWER GLOBAL FUNDING

5.25 04/12/2029 2,000,000.00 05/24/20245.27%
1,998,260.00
1,998,260.00
102.93

4.40%
2,058,594.60
23,041.67

0.44%
60,334.60
Aa3/AAAA3.78

3.37 74460DAD1 PUBLIC STORAGE OPERATING CO

3.385 05/01/2029 3,000,000.00 --5.21%
2,762,330.00
2,762,330.00

96.83 4.29%
2,904,851.64
16,925.00

0.62%
142,521.64
A2/A
NA

3.84 3.53
57629W4T4 MASSMUTUAL GLOBAL
FUNDING II 5.15 05/30/2029 1,850,000.00 05/22/20245.17% 1,848,464.50
1,848,464.50
102.79

4.37%
1,901,655.87
8,204.24

0.41%
53,191.37
Aa3/AA+
AA+

3.91 3.51
64952WFG3 NEW YORK LIFE GLOBAL
FUNDING 5.0 06/06/2029 2,120,000.00 06/03/20245.04%
2,115,929.60
2,115,929.60
102.29

4.36%
2,168,507.64
7,361.11

0.46%
52,578.04
Aa1/AA+
AAA

3.93 3.53
437076DC3 HOME DEPOT INC 4.75
06/25/2029 3,000,000.00 06/20/20244.84%
2,987,610.00
2,987,610.00
102.07

4.18%
3,062,197.86
2,375.00

0.65%
74,587.86
A2/A
A

3.99 3.53
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 12

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
171239AL0 CHUBB INA HOLDINGS LLC 4.65
08/15/2029 3,700,000.00 --4.51%
3,722,196.12
3,722,196.12
101.70

4.19%
3,763,061.21
64,996.67

0.80%
40,865.09
A2/A
A

4.13 3.59
30303M8S4 META PLATFORMS INC 4.3
08/15/2029 2,280,000.00 08/12/20244.33%
2,276,460.36
2,276,460.36
100.91

4.06%
2,300,786.87
37,037.33

0.49%
24,326.51
Aa3/AANA4.13

3.62 40139LBJ1 GUARDIAN LIFE GLOBAL
FUNDING 4.179 09/26/2029 3,050,000.00 09/23/20244.18%
3,050,000.00
3,050,000.00

99.55 4.29%
3,036,344.94
33,635.15

0.65%
(13,655.06)
Aa1/AA+
NA

4.24 3.80
64952WFK4 NEW YORK LIFE GLOBAL
FUNDING 4.6 12/05/2029 3,445,000.00 12/02/20244.61%
3,443,036.35
3,443,036.35
101.11

4.32%
3,483,408.62
11,445.06

0.74%
40,372.27
Aa1/AA+
AAA

4.43 3.96
89236TNA9 TOYOTA MOTOR CREDIT CORP

4.95 01/09/2030 3,655,000.00 01/06/2025

5.00%
3,647,178.30
3,647,178.30
102.26

4.39%
3,737,694.56
86,440.75

0.80%
90,516.26
A1/A+
A+

4.53 3.93
02665WFY2 AMERICAN HONDA FINANCE
CORP 4.8 03/05/2030 3,500,000.00 03/07/20254.90%
3,483,900.00
3,483,900.00
100.79

4.61%
3,527,751.68
54,133.33

0.75%
43,851.68
A3/ANA4.68

4.09 69371RT71 PACCAR FINANCIAL CORP 4.55
05/08/2030 4,000,000.00 05/29/20254.51%
4,006,560.00
4,006,560.00
101.26

4.26%
4,050,473.88
26,794.44

0.87%
43,913.88
A1/A+
NA

4.85 4.29
74153WCW7 PRICOA GLOBAL FUNDING I 4.7
05/28/2030 3,250,000.00 05/21/20254.74%
3,244,702.50
3,244,702.50
101.11

4.44%
3,286,149.13
14,002.08

0.70%
41,446.63
Aa3/AAAA4.91

4.33 Total Corporate 109,262,000.00 4.29%
108,046,367.34
108,046,367.34
100.35

4.26%
109,598,248.93
1,214,615.20

23.43%
1,551,881.59

3.26 2.88
LAIF
90LAIF$00 Local Agency Investment Fund
State Pool 52,801,691.86 --

4.27%
52,801,691.86
52,801,691.86

1.00 4.27%
52,801,691.86

0.00 11.29%

0.00 NA/NA
NA

0.00 0.00
Total LAIF 52,801,691.86 4.27%
52,801,691.86
52,801,691.86

1.00 4.27%
52,801,691.86

0.00 11.29%

0.00 0.00

0.00 MONEY MARKET
FUND
60934N807 FEDERATED HRMS GV O SVC 1,994,988.89 --

4.00%
1,994,988.89
1,994,988.89

1.00 4.00%
1,994,988.89

0.00 0.43%

0.00 Aaa/
AAAm
AAA

0.00 0.00
Total Money
Market Fund 1,994,988.89 4.00%
1,994,988.89
1,994,988.89

1.00 4.00%
1,994,988.89

0.00 0.43%

0.00 0.00

0.00 MUNICIPAL
BONDS
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 13

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
13063EGT7 CALIFORNIA STATE 4.5
08/01/2029 4,395,000.00 10/30/20244.38%
4,418,161.65
4,418,161.65
101.77

4.02%
4,472,989.28
82,406.25

0.96%
54,827.63
Aa2/AAAA4.09

3.64 Total Municipal
Bonds 4,395,000.00 4.38%
4,418,161.65
4,418,161.65
101.77

4.02%
4,472,989.28
82,406.25

0.96%
54,827.63

4.09 3.64

SUPRANATIONAL
459058JL8

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 0.5 10/28/2025
6,300,000.00 --

0.59%
6,272,360.85
6,272,360.85

98.74 4.43%
6,220,608.72
5,512.50

1.33%
(51,752.13)
Aaa/AAA
NA

0.33 0.32
4581X0DV7

INTER-AMERICAN
DEVELOPMENT BANK 0.875
04/20/2026
6,390,000.00 04/13/2021

0.97%
6,360,733.80
6,360,733.80

97.47 4.11%
6,228,154.66
11,027.19

1.33%
(132,579.14)
Aaa/AAA
NA

0.80 0.78
459058LN1

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.875 10/16/2029
4,500,000.00 12/12/2024

4.25%
4,426,740.00
4,426,740.00
100.24

3.81%
4,510,577.61
36,328.13

0.96%
83,837.61
Aaa/AAA
NA

4.30 3.89
459058LR2

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 4.125 03/20/2030
4,500,000.00 03/14/2025

4.20%
4,484,700.00
4,484,700.00
101.23

3.84%
4,555,129.23
52,078.13

0.97%
70,429.23
Aaa/AAA
NA

4.72 4.21
Total
Supranational 21,690,000.00 2.23%
21,544,534.65
21,544,534.65

99.21 4.08%
21,514,470.22
104,945.94

4.60%
(30,064.43)

2.23 2.03

US TREASURY
91282CAT8 UNITED STATES TREASURY 0.25
10/31/2025 6,000,000.00 02/19/20210.53%
5,923,125.00
5,923,125.00

98.67 4.33%
5,919,902.34
2,527.17

1.27%
(3,222.66)
Aa1/AA+
AA+

0.34 0.33
91282CCW9 UNITED STATES TREASURY 0.75
08/31/2026 1,570,000.00 09/23/2021

0.90%
1,558,899.61
1,558,899.61

96.38 3.96%
1,513,148.82
3,935.67

0.32%
(45,750.79)
Aa1/AA+
AA+

1.17 1.14
91282CCZ2 UNITED STATES TREASURY 0.875
09/30/2026 3,130,000.00 10/18/2021

1.19%
3,083,172.27
3,083,172.27

96.33 3.92%
3,015,070.31
6,884.29

0.64%
(68,101.96)
Aa1/AA+
AA+

1.25 1.22
91282CDG3 UNITED STATES TREASURY 1.125
10/31/2026 3,120,000.00 11/15/20211.25%
3,100,987.50
3,100,987.50

96.43 3.90%
3,008,728.13
5,913.59

0.64%
(92,259.37)
Aa1/AA+
AA+

1.34 1.30
91282CEW7 UNITED STATES TREASURY 3.25
06/30/2027 6,650,000.00 --3.12%
6,690,380.86
6,690,380.86

99.11 3.72%
6,590,513.69
587.30

1.41%
(99,867.17)
Aa1/AA+
AA+

2.00 1.91
91282CFB2 UNITED STATES TREASURY 2.75
07/31/2027 1,300,000.00 08/22/20223.12%
1,277,960.94
1,277,960.94

98.05 3.73%
1,274,660.15
14,912.29

0.27%
(3,300.79)
Aa1/AA+
AA+

2.08 1.98
91282CFH9 UNITED STATES TREASURY 3.125
08/31/2027 3,450,000.00 --3.45%
3,399,517.58
3,399,517.58

98.77 3.72%
3,407,548.82
36,035.16

0.73%
8,031.24
Aa1/AA+
AA+

2.17 2.05
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 14

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
91282CFM8 UNITED STATES TREASURY 4.125
09/30/2027 2,800,000.00 --4.37%
2,770,000.01
2,770,000.01
100.91

3.70%
2,825,484.37
29,032.79

0.60%
55,484.36
Aa1/AA+
AA+

2.25 2.11
91282CFZ9 UNITED STATES TREASURY 3.875
11/30/2027 4,600,000.00 --3.74%
4,628,085.94
4,628,085.94
100.38

3.71%
4,617,609.35
15,097.68

0.99%
(10,476.59)
Aa1/AA+
AA+

2.42 2.28
91282CGC9 UNITED STATES TREASURY 3.875
12/31/2027 7,000,000.00 --3.78%
7,028,945.31
7,028,945.31
100.42

3.70%
7,029,531.25
737.09

1.50%
585.94
Aa1/AA+
AA+

2.50 2.36
91282CGH8 UNITED STATES TREASURY 3.5
01/31/2028 7,000,000.00 02/16/20234.05%
6,828,007.81
6,828,007.81

99.49 3.71%
6,964,453.16
102,196.13

1.49%
136,445.35
Aa1/AA+
AA+

2.59 2.41
91282CGP0 UNITED STATES TREASURY 4.0
02/29/2028 7,000,000.00 02/23/2023

4.16%
6,949,960.94
6,949,960.94
100.76

3.70%
7,053,046.84
93,586.96

1.51%
103,085.90
Aa1/AA+
AA+

2.67 2.48
91282CHE4 UNITED STATES TREASURY 3.625
05/31/2028 7,000,000.00 06/14/20234.00%
6,884,335.94
6,884,335.94

99.79 3.70%
6,985,234.34
21,492.49

1.49%
100,898.40
Aa1/AA+
AA+

2.92 2.73
91282CHX2 UNITED STATES TREASURY 4.375
08/31/2028 1,900,000.00 09/25/20234.62%
1,879,960.94
1,879,960.94
101.97

3.71%
1,937,480.46
27,783.63

0.41%
57,519.52
Aa1/AA+
AA+

3.17 2.90
91282CJA0 UNITED STATES TREASURY 4.625
09/30/2028 5,800,000.00 10/04/20234.77%
5,763,296.88
5,763,296.88
102.77

3.71%
5,960,632.80
67,428.96

1.27%
197,335.92
Aa1/AA+
AA+

3.25 2.97
91282CJF9 UNITED STATES TREASURY 4.875
10/31/2028 2,000,000.00 10/27/20234.79%
2,007,578.13
2,007,578.13
103.59

3.72%
2,071,876.00
16,426.63

0.44%
64,297.87
Aa1/AA+
AA+

3.34 3.04
91282CJN2 UNITED STATES TREASURY 4.375
11/30/2028 3,400,000.00 12/28/20233.83%
3,482,875.00
3,482,875.00
102.08

3.72%
3,470,789.05
12,599.04

0.74%
(12,085.95)
Aa1/AA+
AA+

3.42 3.14
91282CJR3 UNITED STATES TREASURY 3.75
12/31/2028 11,000,000.00 --3.99%
10,883,007.81
10,883,007.81
100.09

3.72%
11,009,882.84
1,120.92

2.35%
126,875.03
Aa1/AA+
AA+

3.50 3.25
91282CJW2 UNITED STATES TREASURY 4.0
01/31/2029 5,000,000.00 02/13/20244.26%
4,943,164.06
4,943,164.06
100.90

3.73%
5,045,117.20
83,425.41

1.08%
101,953.14
Aa1/AA+
AA+

3.59 3.26
91282CKD2 UNITED STATES TREASURY 4.25
02/28/2029 7,000,000.00 02/27/20244.30%
6,985,234.38
6,985,234.38
101.76

3.73%
7,123,320.33
99,436.14

1.52%
138,085.95
Aa1/AA+
AA+

3.67 3.33
91282CKG5 UNITED STATES TREASURY 4.125
03/31/2029 7,000,000.00 04/10/20244.62%
6,848,515.63
6,848,515.63
101.35

3.73%
7,094,609.34
72,581.97

1.52%
246,093.71
Aa1/AA+
AA+

3.75 3.42
91282CKP5 UNITED STATES TREASURY 4.625
04/30/2029 7,000,000.00 --4.48%
7,043,730.48
7,043,730.48
103.13

3.74%
7,218,750.00
54,544.84

1.54%
175,019.52
Aa1/AA+
AA+

3.83 3.47
91282CKT7 UNITED STATES TREASURY 4.5
05/31/2029 4,400,000.00 06/20/20244.27%
4,445,375.00
4,445,375.00
102.73

3.74%
4,519,968.73
16,770.49

0.97%
74,593.73
Aa1/AA+
AA+

3.92 3.56
91282CKX8 UNITED STATES TREASURY 4.25
06/30/2029 4,000,000.00 07/18/20244.09%
4,028,281.25
4,028,281.25
101.86

3.74%
4,074,375.00
461.96

0.87%
46,093.75
Aa1/AA+
AA+

4.00 3.65
91282CLK5 UNITED STATES TREASURY 3.625
08/31/2029 8,000,000.00 09/11/2024

3.45%
8,062,812.50
8,062,812.50

99.50 3.75%
7,960,312.48
96,929.35

1.70%
(102,500.02)
Aa1/AA+
AA+

4.17 3.79
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 15

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
91282CLN9 UNITED STATES TREASURY 3.5
09/30/2029 8,500,000.00 --3.66%
8,437,500.00
8,437,500.00

98.99 3.76%
8,414,335.98
74,781.42

1.80%
(23,164.02)
Aa1/AA+
AA+

4.25 3.88
91282CMA6 UNITED STATES TREASURY 4.125
11/30/2029 4,500,000.00 12/16/20244.25%
4,474,160.16
4,474,160.16
101.47

3.76%
4,566,096.00
15,722.34

0.98%
91,935.84
Aa1/AA+
AA+

4.42 4.00
91282CMG3 UNITED STATES TREASURY 4.25
01/31/2030 4,500,000.00 02/07/20254.33%
4,483,300.78
4,483,300.78
101.97

3.78%
4,588,769.52
79,775.55

0.98%
105,468.74
Aa1/AA+
AA+

4.59 4.07
91282CMZ1 UNITED STATES TREASURY 3.875
04/30/2030 8,000,000.00 --4.05%
7,936,601.57
7,936,601.57
100.39

3.78%
8,031,250.00
52,228.26

1.72%
94,648.43
Aa1/AA+
AA+

4.83 4.34
91282CNG2 UNITED STATES TREASURY 4.0
05/31/2030 8,000,000.00 --

4.01%
7,996,953.12
7,996,953.12
100.97

3.78%
8,077,504.00
27,103.83

1.73%
80,550.88
Aa1/AA+
AA+

4.92 4.42
Total US Treasury 160,620,000.00 3.78%
159,825,727.40
159,825,727.40
100.49

3.76%
161,370,001.31
1,132,059.33

34.50%
1,544,273.91

3.29 3.02
Total Portfolio 467,727,927.39 3.93%
463,097,630.34
463,097,630.34

88.37 4.05%
467,745,815.94
2,806,404.98
100.00%
4,648,185.60

2.70 2.29
Total Market Value
+ Accrued 470,552,220.93
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 16

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

ACQUISITIONS
Purchase 06/02/2025 90LAIF$00 1,700,000.00 Local Agency Investment Fund State Pool 1.000 4.27% (1,700,000.00) 0.00 (1,700,000.00) 0.00 Purchase 06/02/2025 60934N807 482,187.50 FEDERATED HRMS GV O SVC 1.000 3.97% (482,187.50) 0.00 (482,187.50) 0.00
Purchase 06/03/2025 90LAIF$00 1,000,000.00 Local Agency Investment Fund State Pool 1.000 4.27% (1,000,000.00) 0.00 (1,000,000.00) 0.00 Purchase 06/03/2025 60934N807 14,215.70 FEDERATED HRMS GV O SVC 1.000 3.96% (14,215.70) 0.00 (14,215.70) 0.00
Purchase 06/04/2025 90LAIF$00 5,500,000.00 Local Agency Investment Fund State Pool 1.000 4.27% (5,500,000.00) 0.00 (5,500,000.00) 0.00 Purchase 06/05/2025 90LAIF$00 4,400,000.00 Local Agency Investment Fund State Pool 1.000 4.27% (4,400,000.00) 0.00 (4,400,000.00) 0.00 Purchase 06/05/2025 60934N807 79,235.00 FEDERATED HRMS GV O SVC 1.000 3.94% (79,235.00) 0.00 (79,235.00) 0.00
Purchase 06/06/2025 91282CNG2 5,000,000.00 UNITED STATES TREASURY

4.0 05/31/2030 100.035 3.99% (5,001,757.81) (3,278.69) (5,005,036.50) 0.00 Purchase 06/10/2025 90LAIF$00 1,000,000.00 Local Agency Investment Fund State Pool 1.000 4.27% (1,000,000.00) 0.00 (1,000,000.00) 0.00 Purchase 06/12/2025 90LAIF$00 1,400,000.00 Local Agency Investment Fund State Pool 1.000 4.27% (1,400,000.00) 0.00 (1,400,000.00) 0.00 Purchase 06/12/2025 60934N807 6,282,478.13 FEDERATED HRMS GV O SVC 1.000 3.94% (6,282,478.13) 0.00 (6,282,478.13) 0.00 Purchase 06/13/2025 91282CMZ1 3,000,000.00 UNITED STATES TREASURY

3.875 04/30/2030 99.273 4.04% (2,978,203.13) (13,899.46) (2,992,102.59) 0.00 Purchase 06/13/2025 91282CNG2 3,000,000.00 UNITED STATES TREASURY

4.0 05/31/2030 99.840 4.04% (2,995,195.31) (4,262.30) (2,999,457.61) 0.00 Purchase 06/16/2025 90LAIF$00 600,000.00 Local Agency Investment Fund State Pool 1.000 4.27% (600,000.00) 0.00 (600,000.00) 0.00 Purchase 06/16/2025 60934N807 270,082.64 FEDERATED HRMS GV O SVC 1.000 3.94% (270,082.64) 0.00 (270,082.64) 0.00
Purchase 06/16/2025 60934N807 249,001.65 FEDERATED HRMS GV O SVC 1.000 3.94% (249,001.65) 0.00 (249,001.65) 0.00
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 17

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss
Purchase 06/17/2025 90LAIF$00 300,000.00 Local Agency Investment Fund State Pool 1.000 4.27% (300,000.00) 0.00 (300,000.00) 0.00 Purchase 06/18/2025 60934N807 24,917.34 FEDERATED HRMS GV O SVC 1.000 3.95% (24,917.34) 0.00 (24,917.34) 0.00
Purchase 06/20/2025 60934N807 6,715.05 FEDERATED HRMS GV O SVC 1.000 3.94% (6,715.05) 0.00 (6,715.05) 0.00
Purchase 06/24/2025 90LAIF$00 12,500,000.00 Local Agency Investment Fund State Pool 1.000 4.27% (12,500,000.00) 0.00 (12,500,000.00) 0.00 Purchase 06/25/2025 60934N807 211,712.84 FEDERATED HRMS GV O SVC 1.000 4.96% (211,712.84) 0.00 (211,712.84) 0.00
Purchase 06/25/2025 60934N807 37,732.73 FEDERATED HRMS GV O SVC 1.000 4.96% (37,732.73) 0.00 (37,732.73) 0.00
Purchase 06/26/2025 90LAIF$00 700,000.00 Local Agency Investment Fund State Pool 1.000 4.27% (700,000.00) 0.00 (700,000.00) 0.00 Purchase 06/30/2025 90LAIF$00 2,200,000.00 Local Agency Investment Fund State Pool 1.000 4.27% (2,200,000.00) 0.00 (2,200,000.00) 0.00 Purchase 06/30/2025 60934N807 594,937.50 FEDERATED HRMS GV O SVC 1.000 4.00% (594,937.50) 0.00 (594,937.50) 0.00
Total Purchase 50,553,216.08 (50,528,372.33) (21,440.45) (50,549,812.78) 0.00 TOTAL
ACQUISITIONS 50,553,216.08 (50,528,372.33) (21,440.45) (50,549,812.78) 0.00

DISPOSITIONS
Sale 06/06/2025 90LAIF$00 (200,000.00) Local Agency Investment Fund State Pool 1.000 4.27% 200,000.00 0.00 200,000.00 0.00 Sale 06/06/2025 89115A2C5 (1,400,000.00) TORONTO-DOMINION BANK 4.108 06/08/2027 99.309 4.18% 1,390,326.00 (28,436.49) 1,418,762.49 (4,984.00) Sale 06/06/2025 60934N807 (1,040,517.18) FEDERATED HRMS GV O SVC 1.000 3.94% 1,040,517.18 0.00 1,040,517.18 0.00
Sale 06/06/2025 60934N807 (991,000.00) FEDERATED HRMS GV O SVC 1.000 3.94% 991,000.00 0.00 991,000.00 0.00
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 18

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss
Sale 06/06/2025 3135G04Z3 (1,500,000.00)

FEDERAL NATIONAL

MORTGAGE ASSOCIATION

0.5 06/17/2025

99.882 0.47% 1,498,236.00 (3,520.83) 1,501,756.83 (3,624.00) Sale 06/11/2025 90LAIF$00 (4,600,000.00) Local Agency Investment Fund State Pool 1.000 4.27% 4,600,000.00 0.00 4,600,000.00 0.00 Sale 06/12/2025 3137EAEU9 (6,300,000.00)

FEDERAL HOME LOAN
MORTGAGE CORP 0.375
07/21/2025

99.575 0.45% 6,273,225.00 (9,253.13) 6,282,478.13 (4,674.60) Sale 06/13/2025 60934N807 (5,991,560.20) FEDERATED HRMS GV O SVC 1.000 3.94% 5,991,560.20 0.00 5,991,560.20 0.00
Sale 06/18/2025 90LAIF$00 (7,000,000.00) Local Agency Investment Fund State Pool 1.000 4.27% 7,000,000.00 0.00 7,000,000.00 0.00 Sale 06/25/2025 90LAIF$00 (3,200,000.00) Local Agency Investment Fund State Pool 1.000 4.27% 3,200,000.00 0.00 3,200,000.00 0.00 Sale 06/27/2025 90LAIF$00 (1,500,000.00) Local Agency Investment Fund State Pool 1.000 4.27% 1,500,000.00 0.00 1,500,000.00 0.00 Total Sale (33,723,077.38) 33,684,864.38 (41,210.45) 33,726,074.83 (13,282.60) TOTAL
DISPOSITIONS (33,723,077.38) 33,684,864.38 (41,210.45) 33,726,074.83 (13,282.60) OTHER

TRANSACTIONS
Cash Transfer 06/02/2025 CCYUSD 1,700,000.00 Cash 0.00% 1,700,000.00 0.00 1,700,000.00 0.00 Cash Transfer 06/03/2025 CCYUSD 1,000,000.00 Cash 0.00% 1,000,000.00 0.00 1,000,000.00 0.00 Cash Transfer 06/04/2025 CCYUSD 5,500,000.00 Cash 0.00% 5,500,000.00 0.00 5,500,000.00 0.00 Cash Transfer 06/05/2025 CCYUSD 4,400,000.00 Cash 0.00% 4,400,000.00 0.00 4,400,000.00 0.00 Cash Transfer 06/06/2025 CCYUSD (200,000.00) Cash 0.00% (200,000.00) 0.00 (200,000.00) 0.00 Cash Transfer 06/10/2025 CCYUSD 1,000,000.00 Cash 0.00% 1,000,000.00 0.00 1,000,000.00 0.00 Cash Transfer 06/11/2025 CCYUSD (4,600,000.00) Cash 0.00% (4,600,000.00) 0.00 (4,600,000.00) 0.00 Cash Transfer 06/12/2025 CCYUSD 1,400,000.00 Cash 0.00% 1,400,000.00 0.00 1,400,000.00 0.00 Cash Transfer 06/16/2025 CCYUSD 600,000.00 Cash 0.00% 600,000.00 0.00 600,000.00 0.00 Cash Transfer 06/17/2025 CCYUSD 300,000.00 Cash 0.00% 300,000.00 0.00 300,000.00 0.00 Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 19

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss
Cash Transfer 06/18/2025 CCYUSD (7,000,000.00) Cash 0.00% (7,000,000.00) 0.00 (7,000,000.00) 0.00 Cash Transfer 06/24/2025 CCYUSD 12,500,000.00 Cash 0.00% 12,500,000.00 0.00 12,500,000.00 0.00 Cash Transfer 06/25/2025 CCYUSD (3,200,000.00) Cash 0.00% (3,200,000.00) 0.00 (3,200,000.00) 0.00 Cash Transfer 06/26/2025 CCYUSD 700,000.00 Cash 0.00% 700,000.00 0.00 700,000.00 0.00 Cash Transfer 06/27/2025 CCYUSD (1,500,000.00) Cash 0.00% (1,500,000.00) 0.00 (1,500,000.00) 0.00 Cash Transfer 06/30/2025 CCYUSD 2,200,000.00 Cash 0.00% 2,200,000.00 0.00 2,200,000.00 0.00 Total Cash
Transfer 14,800,000.00 14,800,000.00 0.00 14,800,000.00 0.00 Coupon 06/01/2025 3137FLYV0 0.00 FHMS K-092 A2 3.298
04/25/2029 4.94% 8,245.00 0.00 8,245.00 0.00
Coupon 06/01/2025 3137F4D41 0.00 FHMS K-074 A2 3.6
01/25/2028 4.93% 9,000.00 0.00 9,000.00 0.00
Coupon 06/01/2025 3137FJEH8 0.00 FHMS K-081 A2 3.9
08/25/2028 4.88% 10,231.00 0.00 10,231.00 0.00
Coupon 06/01/2025 3137FLMV3 0.00 FHMS K-090 A2 3.422
02/25/2029 4.87% 14,115.75 0.00 14,115.75 0.00
Coupon 06/01/2025 3137FJKE8 0.00 FHMS K-082 A2 3.92
09/25/2028 4.75% 8,166.67 0.00 8,166.67 0.00
Coupon 06/01/2025 3137H5YC5 0.00 FHMS K-748 A2 2.26
01/25/2029 4.64% 15,066.66 0.00 15,066.66 0.00
Coupon 06/01/2025 3137FG6X8 0.00 FHMS K-077 A2 3.85
05/25/2028 4.60% 17,068.33 0.00 17,068.33 0.00
Coupon 06/01/2025 3137H4BY5 0.00 FHMS K-746 A2 2.031
09/25/2028 4.56% 8,462.50 0.00 8,462.50 0.00
Coupon 06/01/2025 3137FETN0 0.00 FHMS K-073 A2 3.35
01/25/2028 4.55% 16,750.00 0.00 16,750.00 0.00
Coupon 06/01/2025 3137FGR31 0.00 FHMS K-078 A2 3.854
06/25/2028 4.42% 6,413.70 0.00 6,413.70 0.00
Coupon 06/01/2025 3137BSRE5 0.00 FHMS K-059 A2 3.12
09/25/2026 1.98% 7,800.00 0.00 7,800.00 0.00
Coupon 06/01/2025 3137BSP72 0.00 FHMS K-058 A2 2.653
08/25/2026 1.37% 3,316.25 0.00 3,316.25 0.00
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 20

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss
Coupon 06/05/2025 64952WFK4 0.00 NEW YORK LIFE GLOBAL
FUNDING 4.6 12/05/2029 4.61% 79,235.00 0.00 79,235.00 0.00 Coupon 06/06/2025 64952WFG3 0.00 NEW YORK LIFE GLOBAL
FUNDING 5.0 06/06/2029 5.04% 53,000.00 0.00 53,000.00 0.00 Coupon 06/15/2025 44934FAD7 0.00 HALST 2024-B A3 5.41
05/17/2027 5.41% 7,280.96 0.00 7,280.96 0.00
Coupon 06/15/2025 58770JAD6 0.00 MBALT 2024-A A3 5.32
01/18/2028 5.32% 4,810.17 0.00 4,810.17 0.00
Coupon 06/15/2025 02582JKH2 0.00 AMXCA 2024-1 A 5.23
04/16/2029 5.23% 13,380.08 0.00 13,380.08 0.00
Coupon 06/15/2025 161571HT4 0.00 CHAIT 2023-1 A 5.16
09/15/2028 5.23% 15,673.50 0.00 15,673.50 0.00
Coupon 06/15/2025 437918AC9 0.00 HAROT 2024-1 A3 5.21
08/15/2028 5.21% 14,913.63 0.00 14,913.63 0.00
Coupon 06/15/2025 47786WAD2 0.00 JDOT 2024-B A3 5.2
03/15/2029 5.20% 9,100.00 0.00 9,100.00 0.00
Coupon 06/15/2025 74340XCG4 0.00 PROLOGIS LP 4.875
06/15/2028 5.11% 97,500.00 0.00 97,500.00 0.00
Coupon 06/15/2025 47800CAC0 0.00 JDOT 2023 A3 5.01
11/15/2027 5.01% 5,883.46 0.00 5,883.46 0.00
Coupon 06/15/2025 448973AD9 0.00 HART 2024-A A3 4.99
02/15/2029 4.98% 8,316.67 0.00 8,316.67 0.00
Coupon 06/15/2025 05522RDJ4 0.00 BACCT 2024-1 A 4.93
05/15/2029 4.93% 8,606.96 0.00 8,606.96 0.00
Coupon 06/15/2025 05522RDH8 0.00 BACCT 2023-2 A 4.98
11/16/2026 4.85% 8,300.00 0.00 8,300.00 0.00
Coupon 06/15/2025 44935WAD9 0.00 HALST 2025-A A3 4.83
01/18/2028 4.83% 8,412.25 0.00 8,412.25 0.00
Coupon 06/15/2025 44935CAD3 0.00 HART 2025-A A3 4.32
10/15/2029 4.32% 9,450.00 0.00 9,450.00 0.00
Coupon 06/15/2025 92970QAE5 0.00 WFCIT 2024-2 A 4.29
10/15/2029 4.29% 8,329.75 0.00 8,329.75 0.00
Coupon 06/15/2025 02582JKP4 0.00 AMXCA 2025-2 A 4.28
04/15/2030 4.28% 12,859.02 0.00 12,859.02 0.00
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 21

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss
Coupon 06/15/2025 47800DAD6 0.00 JDOT 2025 A3 4.23
09/17/2029 4.23% 7,332.00 0.00 7,332.00 0.00
Coupon 06/15/2025 47787JAC2 0.00 JDOT 2022 A3 2.32
09/15/2026 2.33% 247.50 0.00 247.50 0.00
Coupon 06/15/2025 448977AD0 0.00 HART 2022-A A3 2.22
10/15/2026 2.22% 262.83 0.00 262.83 0.00
Coupon 06/15/2025 43815BAC4 0.00 HAROT 2022-1 A3 1.88
05/15/2026 1.88% 258.28 0.00 258.28 0.00
Coupon 06/16/2025 36268GAD7 0.00 GMCAR 2024-1 A3 4.85
12/18/2028 4.90% 8,022.71 0.00 8,022.71 0.00
Coupon 06/16/2025 380146AC4 0.00 GMCAR 2022-1 A3 1.26
11/16/2026 1.26% 46.68 0.00 46.68 0.00
Coupon 06/16/2025 362554AC1 0.00 GMCAR 2021-4 A3 0.68
09/16/2026 0.68% 15.20 0.00 15.20 0.00
Coupon 06/18/2025 437930AC4 0.00 HAROT 2024-2 A3 5.27
11/20/2028 5.27% 6,214.21 0.00 6,214.21 0.00
Coupon 06/18/2025 89236TJK2 0.00 TOYOTA MOTOR CREDIT
CORP 1.125 06/18/2026 1.13% 18,703.13 0.00 18,703.13 0.00 Coupon 06/20/2025 36269WAD1 0.00 GMALT 2024-2 A3 5.39
07/20/2027 5.39% 6,715.05 0.00 6,715.05 0.00
Coupon 06/25/2025 096919AD7 0.00 BMWOT 2024-A A3 5.18
02/26/2029 5.18% 8,007.42 0.00 8,007.42 0.00
Coupon 06/25/2025 05611UAD5 0.00 BMWLT 2024-1 A3 4.98
03/25/2027 5.01% 7,470.00 0.00 7,470.00 0.00
Coupon 06/25/2025 437076DC3 0.00 HOME DEPOT INC 4.75
06/25/2029 4.84% 71,250.00 0.00 71,250.00 0.00
Coupon 06/25/2025 05602RAD3 0.00 BMWOT 2022-A A3 3.21
08/25/2026 3.21% 349.56 0.00 349.56 0.00
Coupon 06/30/2025 3130AWN63 0.00 FEDERAL HOME LOAN
BANKS 4.0 06/30/2028 4.53% 60,000.00 0.00 60,000.00 0.00 Coupon 06/30/2025 91282CKX8 0.00 UNITED STATES TREASURY

4.25 06/30/2029 4.09% 85,000.00 0.00 85,000.00 0.00
Coupon 06/30/2025 91282CJR3 0.00 UNITED STATES TREASURY

3.75 12/31/2028 3.99% 206,250.00 0.00 206,250.00 0.00
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 22

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss
Coupon 06/30/2025 91282CGC9 0.00 UNITED STATES TREASURY

3.875 12/31/2027 3.78% 135,625.00 0.00 135,625.00 0.00
Coupon 06/30/2025 91282CEW7 0.00 UNITED STATES TREASURY

3.25 06/30/2027 3.12% 108,062.50 0.00 108,062.50 0.00
Total Coupon 0.00 1,219,519.38 0.00 1,219,519.38 0.00
Dividend 06/30/2025 60934N807 0.00 FEDERATED HRMS GV O
SVC 4.00% 4,380.04 0.00 4,380.04 0.00
Total Dividend 0.00 4,380.04 0.00 4,380.04 0.00
Principal Paydown 06/15/2025 47800CAC0 79,749.74 JDOT 2023 A3 5.01 11/15/2027 5.01% 79,749.74 -- 79,749.74 14.53
Principal Paydown 06/15/2025 47787JAC2 23,440.71 JDOT 2022 A3 2.32 09/15/2026 2.33% 23,440.71 -- 23,440.71 5.18
Principal Paydown 06/15/2025 448977AD0 53,986.09 HART 2022-A A3 2.22 10/15/2026 2.22% 53,986.09 -- 53,986.09 2.08
Principal Paydown 06/15/2025 43815BAC4 63,925.65 HAROT 2022-1 A3 1.88 05/15/2026 1.88% 63,925.65 -- 63,925.65 9.61
Principal Paydown 06/16/2025 380146AC4 24,132.31 GMCAR 2022-1 A3 1.26 11/16/2026 1.26% 24,132.31 -- 24,132.31 2.10
Principal Paydown 06/16/2025 362554AC1 24,848.14 GMCAR 2021-4 A3 0.68 09/16/2026 0.68% 24,848.14 -- 24,848.14 0.63
Principal Paydown 06/25/2025 05602RAD3 37,732.73 BMWOT 2022-A A3 3.21 08/25/2026 3.21% 37,732.73 -- 37,732.73 1.96
Total Principal
Paydown 307,815.37 307,815.37 -- 307,815.37 36.09

TOTAL OTHER
TRANSACTIONS 15,107,815.37 16,331,714.79 0.00 16,331,714.79 36.09 Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 23

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
60934N807 FEDERATED HRMS GV O SVC
1,994,988.89
1,764,850.19
8,253,216.08
(8,023,077.38)
1,994,988.89

0.00 14,215.70

0.00 0.00

0.00 14,215.70
14,215.70
CCYUSD Receivable
330,957.74
656,726.88

0.00 0.00
330,957.74

0.00 0.00

0.00 CCYUSD Cash

0.00 0.00

0.00 0.00
Total Cash & Equivalents 2,325,946.63
2,421,577.07
8,253,216.08
(8,023,077.38)
2,325,946.63

0.00 14,215.70

0.00 0.00

0.00 14,215.70 14,215.70

FIXED INCOME
023135BX3 AMAZON.COM INC 1.0
05/12/2026
05/10/2021
05/12/2021
4,865,000.00
4,843,983.20

0.00 0.00
4,843,983.20
2,567.64

0.00 6,621.81
4,054.17

0.00 0.00

0.00 4,054.17
4,054.17
02582JKH2 AMXCA 2024-1 A 5.23
04/16/2029
04/16/2024
04/23/2024
3,070,000.00
3,069,370.65

0.00 0.00
3,069,370.65
7,136.04
13,380.08
7,136.04
13,380.08

0.00 0.00

0.00 13,380.08
13,380.08
02582JKP4 AMXCA 2025-2 A 4.28
04/15/2030
05/06/2025
05/13/2025
3,380,000.00
3,379,938.82

0.00 0.00
3,379,938.82
7,233.20
12,859.02
6,429.51
12,055.33

0.00 0.00

0.00 12,055.33
12,055.33
02665WFY2 AMERICAN HONDA FINANCE
CORP 4.8 03/05/2030
03/07/2025
03/10/2025
3,500,000.00
3,483,900.00

0.00 0.00
3,483,900.00
40,133.33

0.00 54,133.33
14,000.00

0.00 0.00

0.00 14,000.00
14,000.00
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 24

0.00 0.00
1,649,083.50
3,850.00

0.00 9,350.00
5,500.00

0.00 0.00

0.00 5,500.00
5,500.00
05522RDH8 BACCT 2023-2 A 4.98
11/16/2026
03/25/2024
03/27/2024
2,000,000.00
2,006,484.38

0.00 0.00
2,006,484.38
4,426.67
8,300.00
4,426.67
8,300.00

0.00 0.00

0.00 8,300.00
8,300.00
05522RDJ4 BACCT 2024-1 A 4.93
05/15/2029
06/06/2024
06/13/2024
2,095,000.00
2,094,882.47

0.00 0.00
2,094,882.47
4,590.38
8,606.96
4,590.38
8,606.96

0.00 0.00

0.00 8,606.96
8,606.96
05602RAD3 BMWOT 2022-A A3 3.21
08/25/2026
05/10/2022
05/18/2022
92,942.58
130,668.51

0.00 (37,730.77)
92,937.75

69.91 349.56

49.72 329.37

0.00 0.00

0.00 329.37
329.37
05611UAD5 BMWLT 2024-1 A3 4.98
03/25/2027
03/25/2024
03/27/2024
1,800,000.00
1,798,382.81

0.00 0.00
1,798,382.81
1,494.00
7,470.00
1,494.00
7,470.00

0.00 0.00

0.00 7,470.00
7,470.00
096919AD7 BMWOT 2024-A A3 5.18
02/26/2029
06/04/2024
06/11/2024
1,855,000.00
1,854,718.23

0.00 0.00
1,854,718.23
1,601.48
8,007.42
1,601.48
8,007.42

0.00 0.00

0.00 8,007.42
8,007.42
13063EGT7 CALIFORNIA STATE 4.5
08/01/2029
10/30/2024
11/05/2024
4,395,000.00
4,418,161.65

0.00 0.00
4,418,161.65
65,925.00

0.00 82,406.25
16,481.25

0.00 0.00

0.00 16,481.25
16,481.25
14913UAJ9

CATERPILLAR FINANCIAL
SERVICES CORP 4.85
02/27/2029
03/19/2024
03/21/2024
2,500,000.00
2,504,150.00

0.00 0.00
2,504,150.00
31,659.72

0.00 41,763.89
10,104.17

0.00 0.00

0.00 10,104.17
10,104.17
161571HT4 CHAIT 2023-1 A 5.16
09/15/2028
09/07/2023
09/15/2023
3,645,000.00
3,643,989.61

0.00 0.00
3,643,989.61
8,359.20
15,673.50
8,359.20
15,673.50

0.00 0.00

0.00 15,673.50
15,673.50
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 25

4.65 08/15/2029 3,700,000.00
3,722,196.12

0.00 0.00
3,722,196.12
50,659.17

0.00 64,996.67
14,337.50

0.00 0.00

0.00 14,337.50
14,337.50
17275RBR2 CISCO SYSTEMS INC 4.85
02/26/2029
02/21/2024
02/26/2024
1,960,000.00
1,959,314.00

0.00 0.00
1,959,314.00
25,085.28

0.00 33,006.94
7,921.67

0.00 0.00

0.00 7,921.67
7,921.67
24422EWR6 JOHN DEERE CAPITAL CORP

4.75 01/20/2028
01/23/2023
01/25/2023
2,450,000.00
2,487,705.50

0.00 0.00
2,487,705.50
42,347.57

0.00 52,045.49
9,697.92

0.00 0.00

0.00 9,697.92
9,697.92
26442CAX2 DUKE ENERGY CAROLINAS
LLC 3.95 11/15/2028
12/06/2023
12/08/2023
3,280,000.00
3,156,836.00

0.00 0.00
3,156,836.00
5,758.22

0.00 16,554.89
10,796.67

0.00 0.00

0.00 10,796.67
10,796.67
26442UAH7 DUKE ENERGY PROGRESS LLC

3.45 03/15/2029
05/10/2024
05/14/2024
1,500,000.00
1,396,687.88

0.00 0.00
1,396,687.88
10,925.00

0.00 15,237.50
4,312.50

0.00 0.00

0.00 4,312.50
4,312.50
30303M8S4 META PLATFORMS INC 4.3
08/15/2029
08/12/2024
08/15/2024
2,280,000.00
2,276,460.36

0.00 0.00
2,276,460.36
28,867.33

0.00 37,037.33
8,170.00

0.00 0.00

0.00 8,170.00
8,170.00
3130AWN63 FEDERAL HOME LOAN BANKS

4.0 06/30/2028
08/21/2023
08/23/2023
3,000,000.00
2,931,360.00

0.00 0.00
2,931,360.00
50,333.33
60,000.00
333.33
10,000.00

0.00 0.00

0.00 10,000.00
10,000.00
3135G04Z3

FEDERAL NATIONAL
MORTGAGE ASSOCIATION 0.5
06/17/2025
01/11/2021
01/12/2021

0.00 1,501,860.00

0.00 (1,501,860.00)

0.00 3,416.67
3,520.83

0.00 104.16

0.00 0.00

0.00 104.16
104.16
3135G05X7

FEDERAL NATIONAL

MORTGAGE ASSOCIATION

0.375 08/25/2025 6,285,000.00
6,260,439.20

0.00 0.00
6,260,439.20
6,285.00

0.00 8,249.06
1,964.06

0.00 0.00

0.00 1,964.06
1,964.06
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 26

FEDERAL NATIONAL
MORTGAGE ASSOCIATION 0.5
11/07/2025 6,300,000.00
6,279,895.00

0.00 0.00
6,279,895.00
2,100.00

0.00 4,725.00
2,625.00

0.00 0.00

0.00 2,625.00
2,625.00
3137BSP72 FHMS K-058 A2 2.653
08/25/2026
11/12/2021
11/17/2021
1,500,000.00
1,586,425.78

0.00 0.00
1,586,425.78
3,316.25
3,316.25
3,316.25
3,316.25

0.00 0.00

0.00 3,316.25
3,316.25
3137BSRE5 FHMS K-059 A2 3.12
09/25/2026
02/18/2022
02/24/2022
3,000,000.00
3,128,437.50

0.00 0.00
3,128,437.50
7,800.00
7,800.00
7,800.00
7,800.00

0.00 0.00

0.00 7,800.00
7,800.00
3137EAEU9

FEDERAL HOME LOAN
MORTGAGE CORP 0.375
07/21/2025 0.00
6,277,899.60

0.00 (6,277,899.60)

0.00 8,531.25
9,253.13

0.00 721.88

0.00 0.00

0.00 721.88
721.88
3137EAEX3

FEDERAL HOME LOAN
MORTGAGE CORP 0.375
09/23/2025 6,295,000.00
6,276,346.05

0.00 0.00
6,276,346.05
4,458.96

0.00 6,426.15
1,967.19

0.00 0.00

0.00 1,967.19
1,967.19
3137F4D41 FHMS K-074 A2 3.6
01/25/2028
03/16/2023
03/21/2023
3,000,000.00
2,911,054.69

0.00 0.00
2,911,054.69
9,000.00
9,000.00
9,000.00
9,000.00

0.00 0.00

0.00 9,000.00
9,000.00
3137FETN0 FHMS K-073 A2 3.35
01/25/2028 6,000,000.00
5,707,999.69

0.00 0.00
5,707,999.69
16,750.00
16,750.00
16,750.00
16,750.00

0.00 0.00

0.00 16,750.00
16,750.00
3137FG6X8 FHMS K-077 A2 3.85
05/25/2028 5,320,000.00
5,229,125.01

0.00 0.00
5,229,125.01
17,068.33
17,068.33
17,068.33
17,068.33

0.00 0.00

0.00 17,068.33
17,068.33
3137FGR31 FHMS K-078 A2 3.854
06/25/2028
06/22/2023
06/27/2023
1,997,000.00
1,951,677.46

0.00 0.00
1,951,677.46
6,413.70
6,413.70
6,413.70
6,413.70

0.00 0.00

0.00 6,413.70
6,413.70
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 27

0.00 0.00
3,015,685.63
10,231.00
10,231.00
10,231.00
10,231.00

0.00 0.00

0.00 10,231.00
10,231.00
3137FJKE8 FHMS K-082 A2 3.92
09/25/2028
11/28/2023
12/01/2023
2,500,000.00
2,411,328.13

0.00 0.00
2,411,328.13
8,166.67
8,166.67
8,166.67
8,166.67

0.00 0.00

0.00 8,166.67
8,166.67
3137FLMV3 FHMS K-090 A2 3.422
02/25/2029
05/30/2024
06/04/2024
4,950,000.00
4,637,144.53

0.00 0.00
4,637,144.53
14,115.75
14,115.75
14,115.75
14,115.75

0.00 0.00

0.00 14,115.75
14,115.75
3137FLYV0 FHMS K-092 A2 3.298
04/25/2029
04/19/2024
04/25/2024
3,000,000.00
2,775,468.75

0.00 0.00
2,775,468.75
8,245.00
8,245.00
8,245.00
8,245.00

0.00 0.00

0.00 8,245.00
8,245.00
3137H4BY5 FHMS K-746 A2 2.031
09/25/2028
03/21/2024
03/25/2024
5,000,000.00
4,480,468.75

0.00 0.00
4,480,468.75
8,462.50
8,462.50
8,462.50
8,462.50

0.00 0.00

0.00 8,462.50
8,462.50
3137H5YC5 FHMS K-748 A2 2.26
01/25/2029 8,000,000.00
7,168,164.07

0.00 0.00
7,168,164.07
15,066.67
15,066.66
15,066.67
15,066.66

0.00 0.00

0.00 15,066.66
15,066.66
362554AC1 GMCAR 2021-4 A3 0.68
09/16/2026
10/13/2021
10/21/2021
1,965.91
26,813.37

0.00 (24,847.51)
1,965.86

7.60 15.20

0.56 8.16

0.00 0.00

0.00 8.16

8.16 36268GAD7 GMCAR 2024-1 A3 4.85
12/18/2028
03/25/2024
03/27/2024
1,985,000.00
1,980,890.43

0.00 0.00
1,980,890.43
4,011.35
8,022.71
4,011.35
8,022.71

0.00 0.00

0.00 8,022.71
8,022.71
36269WAD1 GMALT 2024-2 A3 5.39
07/20/2027
05/07/2024
05/16/2024
1,495,000.00
1,494,913.14

0.00 0.00
1,494,913.14
2,462.18
6,715.05
2,462.18
6,715.05

0.00 0.00

0.00 6,715.05
6,715.05
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 28

0.00 (24,130.21)
20,319.39

23.34 46.68

10.67 34.01

0.00 0.00

0.00 34.01

34.01 40139LBJ1 GUARDIAN LIFE GLOBAL
FUNDING 4.179 09/26/2029
09/23/2024
09/26/2024
3,050,000.00
3,050,000.00

0.00 0.00
3,050,000.00
23,013.52

0.00 33,635.15
10,621.63

0.00 0.00

0.00 10,621.63
10,621.63
437076DC3 HOME DEPOT INC 4.75
06/25/2029
06/20/2024
06/25/2024
3,000,000.00
2,987,610.00

0.00 0.00
2,987,610.00
61,750.00
71,250.00
2,375.00
11,875.00

0.00 0.00

0.00 11,875.00
11,875.00
437918AC9 HAROT 2024-1 A3 5.21
08/15/2028
02/13/2024
02/21/2024
3,435,000.00
3,434,850.58

0.00 0.00
3,434,850.58
7,953.93
14,913.63
7,953.93
14,913.63

0.00 0.00

0.00 14,913.63
14,913.63
437930AC4 HAROT 2024-2 A3 5.27
11/20/2028
05/14/2024
05/21/2024
1,415,000.00
1,414,828.08

0.00 0.00
1,414,828.08
2,692.82
6,214.21
2,692.82
6,214.21

0.00 0.00

0.00 6,214.21
6,214.21
43815BAC4 HAROT 2022-1 A3 1.88
05/15/2026
02/15/2022
02/23/2022
100,934.12
164,834.98

0.00 (63,916.04)
100,918.94
137.75
258.28

84.34 204.87

0.00 0.00

0.00 204.87
204.87
448973AD9 HART 2024-A A3 4.99
02/15/2029
03/26/2024
03/28/2024
2,000,000.00
2,000,781.25

0.00 0.00
2,000,781.25
4,435.56
8,316.67
4,435.56
8,316.67

0.00 0.00

0.00 8,316.67
8,316.67
448977AD0 HART 2022-A A3 2.22
10/15/2026
03/09/2022
03/16/2022
88,085.91
142,066.53

0.00 (53,984.01)
88,082.52
140.18
262.83

86.91 209.56

0.00 0.00

0.00 209.56
209.56
44934FAD7 HALST 2024-B A3 5.41
05/17/2027
05/14/2024
05/22/2024
1,615,000.00
1,614,955.10

0.00 0.00
1,614,955.10
3,883.18
7,280.96
3,883.18
7,280.96

0.00 0.00

0.00 7,280.96
7,280.96
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 29

0.00 0.00
2,624,612.81
5,040.00
9,450.00
5,040.00
9,450.00

0.00 0.00

0.00 9,450.00
9,450.00
44935WAD9 HALST 2025-A A3 4.83
01/18/2028
01/14/2025
01/22/2025
2,090,000.00
2,089,843.46

0.00 0.00
2,089,843.46
4,486.53
8,412.25
4,486.53
8,412.25

0.00 0.00

0.00 8,412.25
8,412.25
4581X0DV7

INTER-AMERICAN
DEVELOPMENT BANK 0.875
04/20/2026
04/13/2021
04/20/2021
6,390,000.00
6,360,733.80

0.00 0.00
6,360,733.80
6,367.81

0.00 11,027.19
4,659.38

0.00 0.00

0.00 4,659.38
4,659.38
459058JL8

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 0.5 10/28/2025 6,300,000.00
6,272,360.85

0.00 0.00
6,272,360.85
2,887.50

0.00 5,512.50
2,625.00

0.00 0.00

0.00 2,625.00
2,625.00
459058LN1

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.875 10/16/2029
12/12/2024
12/13/2024
4,500,000.00
4,426,740.00

0.00 0.00
4,426,740.00
21,796.88

0.00 36,328.13
14,531.25

0.00 0.00

0.00 14,531.25
14,531.25
459058LR2

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 4.125 03/20/2030
03/14/2025
03/20/2025
4,500,000.00
4,484,700.00

0.00 0.00
4,484,700.00
36,609.38

0.00 52,078.13
15,468.75

0.00 0.00

0.00 15,468.75
15,468.75
46647PAM8 JPMORGAN CHASE & CO

3.509 01/23/2029
01/18/2024
01/23/2024
3,300,000.00
3,116,157.00

0.00 0.00
3,116,157.00
41,172.27

0.00 50,822.02
9,649.75

0.00 0.00

0.00 9,649.75
9,649.75
47786WAD2 JDOT 2024-B A3 5.2
03/15/2029
06/11/2024
06/18/2024
2,100,000.00
2,099,589.45

0.00 0.00
2,099,589.45
4,853.33
9,100.00
4,853.33
9,100.00

0.00 0.00

0.00 9,100.00
9,100.00
47787JAC2 JDOT 2022 A3 2.32
09/15/2026
03/10/2022
03/16/2022
104,576.30
127,988.69

0.00 (23,435.53)
104,553.16
132.00
247.50
107.83
223.33

0.00 0.00

0.00 223.33
223.33
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 30

0.00 (79,735.21)
1,329,220.69
3,137.85
5,883.46
2,960.27
5,705.88

0.00 0.00

0.00 5,705.88
5,705.88
47800DAD6 JDOT 2025 A3 4.23
09/17/2029
03/04/2025
03/11/2025
2,080,000.00
2,079,869.17

0.00 0.00
2,079,869.17
3,910.40
7,332.00
3,910.40
7,332.00

0.00 0.00

0.00 7,332.00
7,332.00
57629W4T4 MASSMUTUAL GLOBAL
FUNDING II 5.15 05/30/2029
05/22/2024
05/30/2024
1,850,000.00
1,848,464.50

0.00 0.00
1,848,464.50
264.65

0.00 8,204.24
7,939.58

0.00 0.00

0.00 7,939.58
7,939.58
57629W5B2 MASSMUTUAL GLOBAL
FUNDING II 4.85 01/17/2029
01/09/2024
01/17/2024
2,140,000.00
2,139,721.80

0.00 0.00
2,139,721.80
38,632.94

0.00 47,282.11
8,649.17

0.00 0.00

0.00 8,649.17
8,649.17
57629WDE7 MASSMUTUAL GLOBAL
FUNDING II 1.2 07/16/2026
08/10/2021
08/12/2021
2,272,000.00
2,271,369.92

0.00 0.00
2,271,369.92
10,224.00

0.00 12,496.00
2,272.00

0.00 0.00

0.00 2,272.00
2,272.00
57636QAW4 MASTERCARD INC 4.875
03/09/2028
03/06/2023
03/09/2023
2,090,000.00
2,087,972.70

0.00 0.00
2,087,972.70
23,207.71

0.00 31,698.33
8,490.63

0.00 0.00

0.00 8,490.63
8,490.63
58770JAD6 MBALT 2024-A A3 5.32
01/18/2028
05/17/2024
05/23/2024
1,085,000.00
1,084,873.06

0.00 0.00
1,084,873.06
2,565.42
4,810.17
2,565.42
4,810.17

0.00 0.00

0.00 4,810.17
4,810.17
58933YBH7 MERCK & CO INC 4.05
05/17/2028
05/08/2023
05/17/2023
1,975,000.00
1,975,392.25

0.00 0.00
1,975,392.25
3,110.63

0.00 9,776.25
6,665.63

0.00 0.00

0.00 6,665.63
6,665.63
58989V2D5 MET TOWER GLOBAL
FUNDING 1.25 09/14/2026
09/07/2021
09/14/2021
1,715,000.00
1,713,422.20

0.00 0.00
1,713,422.20
4,585.24

0.00 6,371.70
1,786.46

0.00 0.00

0.00 1,786.46
1,786.46
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 31

0.00 0.00
1,998,260.00
14,291.67

0.00 23,041.67
8,750.00

0.00 0.00

0.00 8,750.00
8,750.00
59217GER6 METROPOLITAN LIFE GLOBAL
FUNDING I 1.875 01/11/2027
01/03/2022
01/11/2022
2,485,000.00
2,482,167.10

0.00 0.00
2,482,167.10
18,119.79

0.00 22,002.60
3,882.81

0.00 0.00

0.00 3,882.81
3,882.81
61747YFA8 MORGAN STANLEY 5.123
02/01/2029
02/13/2024
02/15/2024
2,650,000.00
2,632,165.50

0.00 0.00
2,632,165.50
45,253.17

0.00 56,566.46
11,313.29

0.00 0.00

0.00 11,313.29
11,313.29
63743HFN7

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

4.85 02/07/2029
03/19/2024
03/21/2024
2,500,000.00
2,481,775.00

0.00 0.00
2,481,775.00
38,395.83

0.00 48,500.00
10,104.17

0.00 0.00

0.00 10,104.17
10,104.17
64952WFG3 NEW YORK LIFE GLOBAL
FUNDING 5.0 06/06/2029
06/03/2024
06/06/2024
2,120,000.00
2,115,929.60

0.00 0.00
2,115,929.60
51,527.78
53,000.00
7,361.11
8,833.33

0.00 0.00

0.00 8,833.33
8,833.33
64952WFK4 NEW YORK LIFE GLOBAL
FUNDING 4.6 12/05/2029
12/02/2024
12/05/2024
3,445,000.00
3,443,036.35

0.00 0.00
3,443,036.35
77,474.22
79,235.00
11,445.06
13,205.83

0.00 0.00

0.00 13,205.83
13,205.83
66815L2Q1

NORTHWESTERN MUTUAL
GLOBAL FUNDING 4.71
01/10/2029
01/10/2024
2,400,000.00
2,404,556.16

0.00 0.00
2,404,556.16
44,274.00

0.00 53,694.00
9,420.00

0.00 0.00

0.00 9,420.00
9,420.00
69371RS64 PACCAR FINANCIAL CORP

4.95 08/10/2028
08/03/2023
08/10/2023
1,670,000.00
1,667,361.40

0.00 0.00
1,667,361.40
25,488.38

0.00 32,377.13
6,888.75

0.00 0.00

0.00 6,888.75
6,888.75
69371RT71 PACCAR FINANCIAL CORP

4.55 05/08/2030
05/29/2025
05/30/2025
4,000,000.00
4,006,560.00

0.00 0.00
4,006,560.00
11,627.78

0.00 26,794.44
15,166.67

0.00 0.00

0.00 15,166.67
15,166.67
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 32

4.7 05/28/2030
05/21/2025
05/28/2025
3,250,000.00
3,244,702.50

0.00 0.00
3,244,702.50
1,272.92

0.00 14,002.08
12,729.17

0.00 0.00

0.00 12,729.17
12,729.17
74340XCG4 PROLOGIS LP 4.875
06/15/2028 4,000,000.00
3,959,713.70

0.00 0.00
3,959,713.70
89,916.67
97,500.00
8,666.67
16,250.00

0.00 0.00

0.00 16,250.00
16,250.00
74456QBX3

PUBLIC SERVICE ELECTRIC
AND GAS CO 3.65
09/01/2028
09/12/2023
09/14/2023
3,000,000.00
2,805,270.00

0.00 0.00
2,805,270.00
27,375.00

0.00 36,500.00
9,125.00

0.00 0.00

0.00 9,125.00
9,125.00
74460DAD1 PUBLIC STORAGE OPERATING
CO 3.385 05/01/2029 3,000,000.00
2,762,330.00

0.00 0.00
2,762,330.00
8,462.50

0.00 16,925.00
8,462.50

0.00 0.00

0.00 8,462.50
8,462.50
756109AU8 REALTY INCOME CORP 3.65
01/15/2028 4,500,000.00
4,242,810.00

0.00 0.00
4,242,810.00
62,050.00

0.00 75,737.50
13,687.50

0.00 0.00

0.00 13,687.50
13,687.50
78016HZS2 ROYAL BANK OF CANADA 5.2
08/01/2028
09/12/2023
09/14/2023
3,500,000.00
3,454,675.00

0.00 0.00
3,454,675.00
60,666.67

0.00 75,833.33
15,166.67

0.00 0.00

0.00 15,166.67
15,166.67
880591EZ1

TENNESSEE VALLEY
AUTHORITY 3.875
03/15/2028
05/04/2023
05/05/2023
3,500,000.00
3,548,755.00

0.00 0.00
3,548,755.00
28,631.94

0.00 39,934.03
11,302.08

0.00 0.00

0.00 11,302.08
11,302.08
89114TZT2 TORONTO-DOMINION BANK

2.8 03/10/2027
03/09/2022
03/11/2022
1,900,000.00
1,884,933.00

0.00 0.00
1,884,933.00
11,970.00

0.00 16,403.33
4,433.33

0.00 0.00

0.00 4,433.33
4,433.33
89115A2C5 TORONTO-DOMINION BANK

4.108 06/08/2027
08/26/2022
08/30/2022

0.00 1,395,310.00

0.00 (1,395,310.00)

0.00 27,637.71
28,436.49

0.00 798.78

0.00 0.00

0.00 798.78
798.78
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 33

4.994 04/05/2029
03/26/2024
04/05/2024
2,330,000.00
2,330,000.00

0.00 0.00
2,330,000.00
18,100.48

0.00 27,797.16
9,696.68

0.00 0.00

0.00 9,696.68
9,696.68
89236TJK2 TOYOTA MOTOR CREDIT
CORP 1.125 06/18/2026
06/15/2021
06/18/2021
3,325,000.00
3,323,537.00

0.00 0.00
3,323,537.00
16,936.72
18,703.13
1,350.78
3,117.19

0.00 0.00

0.00 3,117.19
3,117.19
89236TNA9 TOYOTA MOTOR CREDIT
CORP 4.95 01/09/2030
01/06/2025
01/09/2025
3,655,000.00
3,647,178.30

0.00 0.00
3,647,178.30
71,363.88

0.00 86,440.75
15,076.88

0.00 0.00

0.00 15,076.88
15,076.88
91282CAT8 UNITED STATES TREASURY

0.25 10/31/2025
02/19/2021
02/22/2021
6,000,000.00
5,923,125.00

0.00 0.00
5,923,125.00
1,304.35

0.00 2,527.17
1,222.83

0.00 0.00

0.00 1,222.83
1,222.83
91282CCW9 UNITED STATES TREASURY

0.75 08/31/2026
09/23/2021
09/24/2021
1,570,000.00
1,558,899.61

0.00 0.00
1,558,899.61
2,975.75

0.00 3,935.67
959.92

0.00 0.00

0.00 959.92
959.92
91282CCZ2 UNITED STATES TREASURY

0.875 09/30/2026
10/18/2021
10/19/2021
3,130,000.00
3,083,172.27

0.00 0.00
3,083,172.27
4,639.41

0.00 6,884.29
2,244.88

0.00 0.00

0.00 2,244.88
2,244.88
91282CDG3 UNITED STATES TREASURY

1.125 10/31/2026
11/15/2021
11/17/2021
3,120,000.00
3,100,987.50

0.00 0.00
3,100,987.50
3,052.17

0.00 5,913.59
2,861.41

0.00 0.00

0.00 2,861.41
2,861.41
91282CEW7 UNITED STATES TREASURY

3.25 06/30/2027 6,650,000.00
6,690,380.86

0.00 0.00
6,690,380.86
90,748.62
108,062.50
587.30
17,901.18

0.00 0.00

0.00 17,901.18
17,901.18
91282CFB2 UNITED STATES TREASURY

2.75 07/31/2027
08/22/2022
08/23/2022
1,300,000.00
1,277,960.94

0.00 0.00
1,277,960.94
11,949.59

0.00 14,912.29
2,962.71

0.00 0.00

0.00 2,962.71
2,962.71
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 34

3.125 08/31/2027 3,450,000.00
3,399,517.58

0.00 0.00
3,399,517.58
27,246.09

0.00 36,035.16
8,789.06

0.00 0.00

0.00 8,789.06
8,789.06
91282CFM8 UNITED STATES TREASURY

4.125 09/30/2027 2,800,000.00
2,770,000.01

0.00 0.00
2,770,000.01
19,565.57

0.00 29,032.79
9,467.21

0.00 0.00

0.00 9,467.21
9,467.21
91282CFZ9 UNITED STATES TREASURY

3.875 11/30/2027 4,600,000.00
4,628,085.94

0.00 0.00
4,628,085.94
487.02
89,125.00
15,097.68
103,735.66

0.00 0.00

0.00 103,735.66
103,735.66
91282CGC9 UNITED STATES TREASURY

3.875 12/31/2027 7,000,000.00
7,028,945.31

0.00 0.00
7,028,945.31
113,895.03
135,625.00
737.09
22,467.06

0.00 0.00

0.00 22,467.06
22,467.06
91282CGH8 UNITED STATES TREASURY 3.5
01/31/2028
02/16/2023
02/17/2023
7,000,000.00
6,828,007.81

0.00 0.00
6,828,007.81
81,892.27

0.00 102,196.13
20,303.87

0.00 0.00

0.00 20,303.87
20,303.87
91282CGP0 UNITED STATES TREASURY 4.0
02/29/2028
02/23/2023
02/28/2023
7,000,000.00
6,949,960.94

0.00 0.00
6,949,960.94
70,760.87

0.00 93,586.96
22,826.09

0.00 0.00

0.00 22,826.09
22,826.09
91282CHE4 UNITED STATES TREASURY

3.625 05/31/2028
06/14/2023
06/20/2023
7,000,000.00
6,884,335.94

0.00 0.00
6,884,335.94
693.31
126,875.00
21,492.49
147,674.18

0.00 0.00

0.00 147,674.18
147,674.18
91282CHX2 UNITED STATES TREASURY

4.375 08/31/2028
09/25/2023
09/26/2023
1,900,000.00
1,879,960.94

0.00 0.00
1,879,960.94
21,007.13

0.00 27,783.63
6,776.49

0.00 0.00

0.00 6,776.49
6,776.49
91282CJA0 UNITED STATES TREASURY

4.625 09/30/2028
10/04/2023
10/05/2023
5,800,000.00
5,763,296.88

0.00 0.00
5,763,296.88
45,441.26

0.00 67,428.96
21,987.70

0.00 0.00

0.00 21,987.70
21,987.70
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 35

4.875 10/31/2028
10/27/2023
10/31/2023
2,000,000.00
2,007,578.13

0.00 0.00
2,007,578.13
8,478.26

0.00 16,426.63
7,948.37

0.00 0.00

0.00 7,948.37
7,948.37
91282CJN2 UNITED STATES TREASURY

4.375 11/30/2028
12/28/2023
12/29/2023
3,400,000.00
3,482,875.00

0.00 0.00
3,482,875.00
406.42
74,375.00
12,599.04
86,567.62

0.00 0.00

0.00 86,567.62
86,567.62
91282CJR3 UNITED STATES TREASURY

3.75 12/31/2028 11,000,000.00
10,883,007.81

0.00 0.00
10,883,007.81
173,204.42
206,250.00
1,120.92
34,166.50

0.00 0.00

0.00 34,166.50
34,166.50
91282CJW2 UNITED STATES TREASURY 4.0
01/31/2029
02/13/2024
02/14/2024
5,000,000.00
4,943,164.06

0.00 0.00
4,943,164.06
66,850.83

0.00 83,425.41
16,574.59

0.00 0.00

0.00 16,574.59
16,574.59
91282CKD2 UNITED STATES TREASURY

4.25 02/28/2029
02/27/2024
02/29/2024
7,000,000.00
6,985,234.38

0.00 0.00
6,985,234.38
75,183.42

0.00 99,436.14
24,252.72

0.00 0.00

0.00 24,252.72
24,252.72
91282CKG5 UNITED STATES TREASURY

4.125 03/31/2029
04/10/2024
04/12/2024
7,000,000.00
6,848,515.63

0.00 0.00
6,848,515.63
48,913.93

0.00 72,581.97
23,668.03

0.00 0.00

0.00 23,668.03
23,668.03
91282CKP5 UNITED STATES TREASURY

4.625 04/30/2029 7,000,000.00
7,043,730.48

0.00 0.00
7,043,730.48
28,152.17

0.00 54,544.84
26,392.66

0.00 0.00

0.00 26,392.66
26,392.66
91282CKT7 UNITED STATES TREASURY 4.5
05/31/2029
06/20/2024
06/21/2024
4,400,000.00
4,445,375.00

0.00 0.00
4,445,375.00
540.98
99,000.00
16,770.49
115,229.51

0.00 0.00

0.00 115,229.51
115,229.51
91282CKX8 UNITED STATES TREASURY

4.25 06/30/2029
07/18/2024
07/19/2024
4,000,000.00
4,028,281.25

0.00 0.00
4,028,281.25
71,381.22
85,000.00
461.96
14,080.74

0.00 0.00

0.00 14,080.74
14,080.74
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 36

3.625 08/31/2029
09/11/2024
09/13/2024
8,000,000.00
8,062,812.50

0.00 0.00
8,062,812.50
73,288.04

0.00 96,929.35
23,641.30

0.00 0.00

0.00 23,641.30
23,641.30
91282CLN9 UNITED STATES TREASURY 3.5
09/30/2029 8,500,000.00
8,437,500.00

0.00 0.00
8,437,500.00
50,396.17

0.00 74,781.42
24,385.25

0.00 0.00

0.00 24,385.25
24,385.25
91282CMA6 UNITED STATES TREASURY

4.125 11/30/2029
12/16/2024
12/17/2024
4,500,000.00
4,474,160.16

0.00 0.00
4,474,160.16
507.17
92,812.50
15,722.34
108,027.66

0.00 0.00

0.00 108,027.66
108,027.66
91282CMG3 UNITED STATES TREASURY

4.25 01/31/2030
02/07/2025
02/10/2025
4,500,000.00
4,483,300.78

0.00 0.00
4,483,300.78
63,926.11

0.00 79,775.55
15,849.45

0.00 0.00

0.00 15,849.45
15,849.45
91282CMZ1 UNITED STATES TREASURY

3.875 04/30/2030 8,000,000.00
4,958,398.44
2,978,203.13

0.00 7,936,601.57
16,847.83
(13,899.46)
52,228.26
21,480.97

0.00 0.00

0.00 21,480.97
21,480.97
91282CNG2 UNITED STATES TREASURY 4.0
05/31/2030 8,000,000.00

0.00 7,996,953.12

0.00 (7,540.99)
27,103.83
19,562.84

0.00 0.00

0.00 19,562.84
19,562.84
91324PEC2 UNITEDHEALTH GROUP INC

1.15 05/15/2026 805,000.00
807,605.05

0.00 0.00
807,605.05
411.44

0.00 1,182.90
771.46

0.00 0.00

0.00 771.46
771.46
91324PEG3 UNITEDHEALTH GROUP INC

3.7 05/15/2027
05/17/2022
05/20/2022
1,365,000.00
1,365,638.40

0.00 0.00
1,365,638.40
2,244.67

0.00 6,453.42
4,208.75

0.00 0.00

0.00 4,208.75
4,208.75
91324PEP3 UNITEDHEALTH GROUP INC

5.25 02/15/2028
02/16/2023
02/21/2023
1,500,000.00
1,532,220.00

0.00 0.00
1,532,220.00
23,187.50

0.00 29,750.00
6,562.50

0.00 0.00

0.00 6,562.50
6,562.50
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 37

0.00 0.00
2,329,653.76
4,442.53
8,329.75
4,442.53
8,329.75

0.00 0.00

0.00 8,329.75
8,329.75
931142ER0 WALMART INC 1.05
09/17/2026
09/08/2021
09/17/2021
785,000.00
783,516.35

0.00 0.00
783,516.35
1,694.29

0.00 2,381.17
686.88

0.00 0.00

0.00 686.88
686.88
Total Fixed Income 412,600,288.90
406,477,684.48
10,975,156.25
(9,482,848.88)
407,969,991.85
2,822,499.11
1,721,476.88
2,806,404.98
1,705,382.76

0.00 0.00

0.00 1,705,382.76 1,705,382.76
LAIF
90LAIF$00 Local Agency Investment
Fund State Pool 52,801,691.86
38,001,691.86
31,300,000.00
(16,500,000.00)
52,801,691.86

0.00 0.00

0.00 Total LAIF 52,801,691.86
38,001,691.86
31,300,000.00
(16,500,000.00)
52,801,691.86

0.00 0.00

0.00 0.00 0.00
TOTAL PORTFOLIO 467,727,927.39
446,900,953.41
50,528,372.33
(34,005,926.26)
463,097,630.34
2,822,499.11
1,735,692.58
2,806,404.98
1,719,598.46

0.00 0.00

0.00 1,719,598.46 1,719,598.46
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 38

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount JULY 2025
07/02/2025 Dividend 60934N807 0.00 4,380.04 4,380.04
07/09/2025 Coupon 89236TNA9 3,655,000.00 TOYOTA MOTOR CREDIT CORP 4.95 01/09/2030 90,461.25 90,461.25 07/10/2025 Coupon 66815L2Q1 2,400,000.00 NORTHWESTERN MUTUAL GLOBAL FUNDING

4.71 01/10/2029 56,520.00 56,520.00
07/11/2025 Coupon 59217GER6 2,485,000.00 METROPOLITAN LIFE GLOBAL FUNDING I 1.875 01/11/2027 23,296.88 23,296.88
07/15/2025 Coupon 02582JKH2 3,070,000.00 AMXCA 2024-1 A 5.23 04/16/2029 13,380.08 13,380.08 07/15/2025 Coupon 02582JKP4 3,380,000.00 AMXCA 2025-2 A 4.28 04/15/2030 12,055.33 12,055.33 07/15/2025 Coupon 05522RDH8 2,000,000.00 BACCT 2023-2 A 4.98 11/16/2026 8,300.00 8,300.00 07/15/2025 Coupon 05522RDJ4 2,095,000.00 BACCT 2024-1 A 4.93 05/15/2029 8,606.96 8,606.96 07/15/2025 Coupon 161571HT4 3,645,000.00 CHAIT 2023-1 A 5.16 09/15/2028 15,673.50 15,673.50 07/15/2025 Coupon 437918AC9 3,435,000.00 HAROT 2024-1 A3 5.21 08/15/2028 14,913.63 14,913.63 07/15/2025 Coupon 43815BAC4 100,934.12 HAROT 2022-1 A3 1.88 05/15/2026 158.13 158.13 07/15/2025 Principal Paydown 43815BAC4 100,934.12 HAROT 2022-1 A3 1.88 05/15/2026 58,469.37 58,469.37 07/15/2025 Coupon 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 8,316.67 8,316.67 07/15/2025 Coupon 448977AD0 88,085.91 HART 2022-A A3 2.22 10/15/2026 167.45 167.45 07/15/2025 Principal Paydown 448977AD0 88,085.91 HART 2022-A A3 2.22 10/15/2026 50,593.17 50,593.17 07/15/2025 Coupon 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 7,280.96 7,280.96 07/15/2025 Coupon 44935CAD3 2,625,000.00 HART 2025-A A3 4.32 10/15/2029 9,450.00 9,450.00 07/15/2025 Coupon 44935WAD9 2,090,000.00 HALST 2025-A A3 4.83 01/18/2028 8,412.25 8,412.25 07/15/2025 Coupon 47786WAD2 2,100,000.00 JDOT 2024-B A3 5.2 03/15/2029 9,100.00 9,100.00 07/15/2025 Coupon 47787JAC2 104,576.30 JDOT 2022 A3 2.32 09/15/2026 204.04 204.04 07/15/2025 Principal Paydown 47787JAC2 104,576.30 JDOT 2022 A3 2.32 09/15/2026 30,661.60 30,661.60 07/15/2025 Coupon 47800CAC0 1,329,462.92 JDOT 2023 A3 5.01 11/15/2027 5,502.77 5,502.77 07/15/2025 Principal Paydown 47800CAC0 1,329,462.92 JDOT 2023 A3 5.01 11/15/2027 97,093.83 97,093.83 07/15/2025 Coupon 47800DAD6 2,080,000.00 JDOT 2025 A3 4.23 09/17/2029 7,332.00 7,332.00 07/15/2025 Coupon 58770JAD6 1,085,000.00 MBALT 2024-A A3 5.32 01/18/2028 4,810.73 4,810.73 07/15/2025 Coupon 756109AU8 4,500,000.00 REALTY INCOME CORP 3.65 01/15/2028 82,125.00 82,125.00 07/15/2025 Dividend 90LAIF$00 52,801,691.86 Local Agency Investment Fund State Pool 326,577.55 326,577.55 07/15/2025 Coupon 92970QAE5 2,330,000.00 WFCIT 2024-2 A 4.29 10/15/2029 8,329.75 8,329.75 07/16/2025 Coupon 362554AC1 1,965.91 GMCAR 2021-4 A3 0.68 09/16/2026 17.86 17.86 Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 39

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 07/16/2025 Principal Paydown 362554AC1 1,965.91 GMCAR 2021-4 A3 0.68 09/16/2026 22,532.40 22,532.40 07/16/2025 Coupon 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 8,022.71 8,022.71 07/16/2025 Coupon 380146AC4 20,321.16 GMCAR 2022-1 A3 1.26 11/16/2026 32.44 32.44 07/16/2025 Principal Paydown 380146AC4 20,321.16 GMCAR 2022-1 A3 1.26 11/16/2026 21,911.52 21,911.52 07/16/2025 Coupon 57629WDE7 2,272,000.00 MASSMUTUAL GLOBAL FUNDING II 1.2 07/16/2026 13,632.00 13,632.00
07/17/2025 Coupon 57629W5B2 2,140,000.00 MASSMUTUAL GLOBAL FUNDING II 4.85 01/17/2029 51,895.00 51,895.00
07/18/2025 Coupon 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 6,214.21 6,214.21 07/21/2025 Coupon 24422EWR6 2,450,000.00 JOHN DEERE CAPITAL CORP 4.75 01/20/2028 58,187.50 58,187.50 07/21/2025 Coupon 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 6,715.04 6,715.04 07/23/2025 Coupon 46647PAM8 3,300,000.00 JPMORGAN CHASE & CO 3.509 01/23/2029 57,898.50 57,898.50 07/25/2025 Coupon 05602RAD3 92,942.58 BMWOT 2022-A A3 3.21 08/25/2026 248.62 248.62 07/25/2025 Principal Paydown 05602RAD3 92,942.58 BMWOT 2022-A A3 3.21 08/25/2026 34,400.64 34,400.64 07/25/2025 Coupon 05611UAD5 1,800,000.00 BMWLT 2024-1 A3 4.98 03/25/2027 7,470.00 7,470.00 07/25/2025 Coupon 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 8,007.42 8,007.42 07/25/2025 Coupon 3137BSP72 1,500,000.00 FHMS K-058 A2 2.653 08/25/2026 3,316.25 3,316.25 07/25/2025 Coupon 3137BSRE5 3,000,000.00 FHMS K-059 A2 3.12 09/25/2026 7,800.00 7,800.00 07/25/2025 Coupon 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 9,000.00 9,000.00 07/25/2025 Coupon 3137FETN0 6,000,000.00 FHMS K-073 A2 3.35 01/25/2028 16,750.00 16,750.00 07/25/2025 Coupon 3137FG6X8 5,320,000.00 FHMS K-077 A2 3.85 05/25/2028 17,068.33 17,068.33 07/25/2025 Coupon 3137FGR31 1,997,000.00 FHMS K-078 A2 3.854 06/25/2028 6,413.70 6,413.70 07/25/2025 Coupon 3137FJEH8 3,148,000.00 FHMS K-081 A2 3.9 08/25/2028 10,231.00 10,231.00 07/25/2025 Coupon 3137FJKE8 2,500,000.00 FHMS K-082 A2 3.92 09/25/2028 8,166.67 8,166.67 07/25/2025 Coupon 3137FLMV3 4,950,000.00 FHMS K-090 A2 3.422 02/25/2029 14,115.75 14,115.75 07/25/2025 Coupon 3137FLYV0 3,000,000.00 FHMS K-092 A2 3.298 04/25/2029 8,245.00 8,245.00 07/25/2025 Coupon 3137H4BY5 5,000,000.00 FHMS K-746 A2 2.031 09/25/2028 8,462.50 8,462.50 07/25/2025 Coupon 3137H5YC5 8,000,000.00 FHMS K-748 A2 2.26 01/25/2029 15,066.67 15,066.67 07/31/2025 Coupon 91282CFB2 1,300,000.00 UNITED STATES TREASURY 2.75 07/31/2027 17,875.00 17,875.00 07/31/2025 Coupon 91282CGH8 7,000,000.00 UNITED STATES TREASURY 3.5 01/31/2028 122,500.00 122,500.00 07/31/2025 Coupon 91282CJW2 5,000,000.00 UNITED STATES TREASURY 4.0 01/31/2029 100,000.00 100,000.00 07/31/2025 Coupon 91282CMG3 4,500,000.00 UNITED STATES TREASURY 4.25 01/31/2030 95,625.00 95,625.00 Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 40

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount July 2025 Total 646,620.11 1,073,374.52 1,719,994.64
AUGUST 2025
08/01/2025 Coupon 13063EGT7 4,395,000.00 CALIFORNIA STATE 4.5 08/01/2029 98,887.50 98,887.50 08/01/2025 Coupon 61747YFA8 2,650,000.00 MORGAN STANLEY 5.123 02/01/2029 67,879.75 67,879.75 08/01/2025 Coupon 78016HZS2 3,500,000.00 ROYAL BANK OF CANADA 5.2 08/01/2028 91,000.00 91,000.00 08/07/2025 Coupon 63743HFN7 2,500,000.00 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 4.85 02/07/2029 60,625.00 60,625.00
08/11/2025 Coupon 69371RS64 1,670,000.00 PACCAR FINANCIAL CORP 4.95 08/10/2028 41,332.50 41,332.50 08/15/2025 Coupon 02582JKH2 3,070,000.00 AMXCA 2024-1 A 5.23 04/16/2029 13,380.08 13,380.08 08/15/2025 Coupon 02582JKP4 3,380,000.00 AMXCA 2025-2 A 4.28 04/15/2030 12,055.33 12,055.33 08/15/2025 Coupon 05522RDH8 2,000,000.00 BACCT 2023-2 A 4.98 11/16/2026 8,300.00 8,300.00 08/15/2025 Coupon 05522RDJ4 2,095,000.00 BACCT 2024-1 A 4.93 05/15/2029 8,606.96 8,606.96 08/15/2025 Coupon 161571HT4 3,645,000.00 CHAIT 2023-1 A 5.16 09/15/2028 15,673.50 15,673.50 08/15/2025 Coupon 171239AL0 3,700,000.00 CHUBB INA HOLDINGS LLC 4.65 08/15/2029 86,025.00 86,025.00 08/15/2025 Coupon 30303M8S4 2,280,000.00 META PLATFORMS INC 4.3 08/15/2029 49,020.00 49,020.00 08/15/2025 Coupon 437918AC9 3,435,000.00 HAROT 2024-1 A3 5.21 08/15/2028 14,913.63 14,913.63 08/15/2025 Coupon 43815BAC4 100,934.12 HAROT 2022-1 A3 1.88 05/15/2026 66.53 66.53 08/15/2025 Effective Maturity 43815BAC4 100,934.12 HAROT 2022-1 A3 1.88 05/15/2026 42,464.76 42,464.76 08/15/2025 Coupon 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 8,316.67 8,316.67 08/15/2025 Coupon 448977AD0 88,085.91 HART 2022-A A3 2.22 10/15/2026 73.86 73.86 08/15/2025 Effective Maturity 448977AD0 88,085.91 HART 2022-A A3 2.22 10/15/2026 39,921.84 39,921.84 08/15/2025 Coupon 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 7,280.96 7,280.96 08/15/2025 Coupon 44935CAD3 2,625,000.00 HART 2025-A A3 4.32 10/15/2029 9,450.00 9,450.00 08/15/2025 Coupon 44935WAD9 2,090,000.00 HALST 2025-A A3 4.83 01/18/2028 8,412.25 8,412.25 08/15/2025 Coupon 47786WAD2 2,100,000.00 JDOT 2024-B A3 5.2 03/15/2029 9,100.00 9,100.00 08/15/2025 Coupon 47787JAC2 104,576.30 JDOT 2022 A3 2.32 09/15/2026 144.76 144.76 08/15/2025 Principal Paydown 47787JAC2 104,576.30 JDOT 2022 A3 2.32 09/15/2026 27,780.91 27,780.91 08/15/2025 Coupon 47800CAC0 1,329,462.92 JDOT 2023 A3 5.01 11/15/2027 5,097.40 5,097.40 08/15/2025 Principal Paydown 47800CAC0 1,329,462.92 JDOT 2023 A3 5.01 11/15/2027 89,606.25 89,606.25 08/15/2025 Coupon 47800DAD6 2,080,000.00 JDOT 2025 A3 4.23 09/17/2029 7,332.00 7,332.00 08/15/2025 Coupon 58770JAD6 1,085,000.00 MBALT 2024-A A3 5.32 01/18/2028 4,810.73 4,810.73 08/15/2025 Coupon 91324PEP3 1,500,000.00 UNITEDHEALTH GROUP INC 5.25 02/15/2028 39,375.00 39,375.00 Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 41

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 08/15/2025 Coupon 92970QAE5 2,330,000.00 WFCIT 2024-2 A 4.29 10/15/2029 8,329.75 8,329.75 08/18/2025 Coupon 362554AC1 1,965.91 GMCAR 2021-4 A3 0.68 09/16/2026 5.09 5.09 08/18/2025 Effective Maturity 362554AC1 1,965.91 GMCAR 2021-4 A3 0.68 09/16/2026 8,980.22 8,980.22 08/18/2025 Coupon 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 8,022.71 8,022.71 08/18/2025 Coupon 380146AC4 20,321.16 GMCAR 2022-1 A3 1.26 11/16/2026 9.43 9.43 08/18/2025 Effective Maturity 380146AC4 20,321.16 GMCAR 2022-1 A3 1.26 11/16/2026 8,979.35 8,979.35 08/18/2025 Coupon 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 6,214.21 6,214.21 08/20/2025 Coupon 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 6,715.04 6,715.04 08/25/2025 Coupon 05602RAD3 92,942.58 BMWOT 2022-A A3 3.21 08/25/2026 156.60 156.60 08/25/2025 Principal Paydown 05602RAD3 92,942.58 BMWOT 2022-A A3 3.21 08/25/2026 33,265.09 33,265.09 08/25/2025 Coupon 05611UAD5 1,800,000.00 BMWLT 2024-1 A3 4.98 03/25/2027 7,470.00 7,470.00 08/25/2025 Principal Paydown 05611UAD5 1,800,000.00 BMWLT 2024-1 A3 4.98 03/25/2027 117,716.92 117,716.92 08/25/2025 Coupon 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 8,007.42 8,007.42 08/25/2025 Coupon 3135G05X7 6,285,000.00 FEDERAL NATIONAL MORTGAGE ASSOCIATION

0.375 08/25/2025 11,784.38 11,784.38
08/25/2025 Final Maturity 3135G05X7 6,285,000.00 FEDERAL NATIONAL MORTGAGE ASSOCIATION

0.375 08/25/2025 6,285,000.00 6,285,000.00
08/25/2025 Coupon 3137BSP72 1,500,000.00 FHMS K-058 A2 2.653 08/25/2026 3,316.25 3,316.25 08/25/2025 Coupon 3137BSRE5 3,000,000.00 FHMS K-059 A2 3.12 09/25/2026 7,800.00 7,800.00 08/25/2025 Coupon 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 9,000.00 9,000.00 08/25/2025 Coupon 3137FETN0 6,000,000.00 FHMS K-073 A2 3.35 01/25/2028 16,750.00 16,750.00 08/25/2025 Coupon 3137FG6X8 5,320,000.00 FHMS K-077 A2 3.85 05/25/2028 17,068.33 17,068.33 08/25/2025 Coupon 3137FGR31 1,997,000.00 FHMS K-078 A2 3.854 06/25/2028 6,413.70 6,413.70 08/25/2025 Coupon 3137FJEH8 3,148,000.00 FHMS K-081 A2 3.9 08/25/2028 10,231.00 10,231.00 08/25/2025 Coupon 3137FJKE8 2,500,000.00 FHMS K-082 A2 3.92 09/25/2028 8,166.67 8,166.67 08/25/2025 Coupon 3137FLMV3 4,950,000.00 FHMS K-090 A2 3.422 02/25/2029 14,115.75 14,115.75 08/25/2025 Coupon 3137FLYV0 3,000,000.00 FHMS K-092 A2 3.298 04/25/2029 8,245.00 8,245.00 08/25/2025 Coupon 3137H4BY5 5,000,000.00 FHMS K-746 A2 2.031 09/25/2028 8,462.50 8,462.50 08/25/2025 Coupon 3137H5YC5 8,000,000.00 FHMS K-748 A2 2.26 01/25/2029 15,066.67 15,066.67 08/26/2025 Coupon 17275RBR2 1,960,000.00 CISCO SYSTEMS INC 4.85 02/26/2029 47,530.00 47,530.00 08/27/2025 Coupon 14913UAJ9 2,500,000.00 CATERPILLAR FINANCIAL SERVICES CORP 4.85 02/27/2029 60,625.00 60,625.00
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 42

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount August 2025 Total 6,653,715.33 956,664.88 7,610,380.21
SEPTEMBER 2025
09/02/2025 Coupon 74456QBX3 3,000,000.00 PUBLIC SERVICE ELECTRIC AND GAS CO 3.65 09/01/2028 54,750.00 54,750.00
09/02/2025 Coupon 91282CCW9 1,570,000.00 UNITED STATES TREASURY 0.75 08/31/2026 5,887.50 5,887.50 09/02/2025 Coupon 91282CFH9 3,450,000.00 UNITED STATES TREASURY 3.125 08/31/2027 53,906.25 53,906.25 09/02/2025 Coupon 91282CGP0 7,000,000.00 UNITED STATES TREASURY 4.0 02/29/2028 140,000.00 140,000.00 09/02/2025 Coupon 91282CHX2 1,900,000.00 UNITED STATES TREASURY 4.375 08/31/2028 41,562.50 41,562.50 09/02/2025 Coupon 91282CKD2 7,000,000.00 UNITED STATES TREASURY 4.25 02/28/2029 148,750.00 148,750.00 09/02/2025 Coupon 91282CLK5 8,000,000.00 UNITED STATES TREASURY 3.625 08/31/2029 145,000.00 145,000.00 09/05/2025 Coupon 02665WFY2 3,500,000.00 AMERICAN HONDA FINANCE CORP 4.8 03/05/2030 84,000.00 84,000.00
09/09/2025 Coupon 57636QAW4 2,090,000.00 MASTERCARD INC 4.875 03/09/2028 50,943.75 50,943.75 09/10/2025 Coupon 89114TZT2 1,900,000.00 TORONTO-DOMINION BANK 2.8 03/10/2027 26,600.00 26,600.00 09/15/2025 Coupon 02582JKH2 3,070,000.00 AMXCA 2024-1 A 5.23 04/16/2029 13,380.08 13,380.08 09/15/2025 Coupon 02582JKP4 3,380,000.00 AMXCA 2025-2 A 4.28 04/15/2030 12,055.33 12,055.33 09/15/2025 Coupon 05522RDH8 2,000,000.00 BACCT 2023-2 A 4.98 11/16/2026 8,300.00 8,300.00 09/15/2025 Coupon 05522RDJ4 2,095,000.00 BACCT 2024-1 A 4.93 05/15/2029 8,606.96 8,606.96 09/15/2025 Coupon 161571HT4 3,645,000.00 CHAIT 2023-1 A 5.16 09/15/2028 15,673.50 15,673.50 09/15/2025 Coupon 26442UAH7 1,500,000.00 DUKE ENERGY PROGRESS LLC 3.45 03/15/2029 25,875.00 25,875.00 09/15/2025 Coupon 437918AC9 3,435,000.00 HAROT 2024-1 A3 5.21 08/15/2028 14,913.63 14,913.63 09/15/2025 Coupon 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 8,316.67 8,316.67 09/15/2025 Coupon 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 7,280.96 7,280.96 09/15/2025 Coupon 44935CAD3 2,625,000.00 HART 2025-A A3 4.32 10/15/2029 9,450.00 9,450.00 09/15/2025 Coupon 44935WAD9 2,090,000.00 HALST 2025-A A3 4.83 01/18/2028 8,412.25 8,412.25 09/15/2025 Coupon 47786WAD2 2,100,000.00 JDOT 2024-B A3 5.2 03/15/2029 9,100.00 9,100.00 09/15/2025 Coupon 47787JAC2 104,576.30 JDOT 2022 A3 2.32 09/15/2026 91.05 91.05 09/15/2025 Principal Paydown 47787JAC2 104,576.30 JDOT 2022 A3 2.32 09/15/2026 27,058.13 27,058.13 09/15/2025 Coupon 47800CAC0 1,329,462.92 JDOT 2023 A3 5.01 11/15/2027 4,723.30 4,723.30 09/15/2025 Principal Paydown 47800CAC0 1,329,462.92 JDOT 2023 A3 5.01 11/15/2027 92,279.84 92,279.84 09/15/2025 Coupon 47800DAD6 2,080,000.00 JDOT 2025 A3 4.23 09/17/2029 7,332.00 7,332.00 09/15/2025 Coupon 58770JAD6 1,085,000.00 MBALT 2024-A A3 5.32 01/18/2028 4,810.73 4,810.73 Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 43

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 09/15/2025 Coupon 58989V2D5 1,715,000.00 MET TOWER GLOBAL FUNDING 1.25 09/14/2026 10,718.75 10,718.75
09/15/2025 Coupon 880591EZ1 3,500,000.00 TENNESSEE VALLEY AUTHORITY 3.875 03/15/2028 67,812.50 67,812.50
09/15/2025 Coupon 92970QAE5 2,330,000.00 WFCIT 2024-2 A 4.29 10/15/2029 8,329.75 8,329.75 09/16/2025 Coupon 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 8,022.71 8,022.71 09/17/2025 Coupon 931142ER0 785,000.00 WALMART INC 1.05 09/17/2026 4,121.25 4,121.25 09/18/2025 Coupon 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 6,214.21 6,214.21 09/22/2025 Coupon 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 6,715.04 6,715.04 09/22/2025 Coupon 459058LR2 4,500,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 4.125 03/20/2030 92,812.50 92,812.50
09/23/2025 Coupon 3137EAEX3 6,295,000.00 FEDERAL HOME LOAN MORTGAGE CORP 0.375 09/23/2025 11,803.13 11,803.13
09/23/2025 Final Maturity 3137EAEX3 6,295,000.00 FEDERAL HOME LOAN MORTGAGE CORP 0.375 09/23/2025 6,295,000.00 6,295,000.00
09/25/2025 Coupon 05602RAD3 92,942.58 BMWOT 2022-A A3 3.21 08/25/2026 67.62 67.62 09/25/2025 Effective Maturity 05602RAD3 92,942.58 BMWOT 2022-A A3 3.21 08/25/2026 25,276.85 25,276.85 09/25/2025 Coupon 05611UAD5 1,800,000.00 BMWLT 2024-1 A3 4.98 03/25/2027 6,981.47 6,981.47 09/25/2025 Principal Paydown 05611UAD5 1,800,000.00 BMWLT 2024-1 A3 4.98 03/25/2027 152,891.41 152,891.41 09/25/2025 Coupon 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 8,007.42 8,007.42 09/25/2025 Coupon 3137BSP72 1,500,000.00 FHMS K-058 A2 2.653 08/25/2026 3,316.25 3,316.25 09/25/2025 Coupon 3137BSRE5 3,000,000.00 FHMS K-059 A2 3.12 09/25/2026 7,800.00 7,800.00 09/25/2025 Coupon 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 9,000.00 9,000.00 09/25/2025 Coupon 3137FETN0 6,000,000.00 FHMS K-073 A2 3.35 01/25/2028 16,750.00 16,750.00 09/25/2025 Coupon 3137FG6X8 5,320,000.00 FHMS K-077 A2 3.85 05/25/2028 17,068.33 17,068.33 09/25/2025 Coupon 3137FGR31 1,997,000.00 FHMS K-078 A2 3.854 06/25/2028 6,413.70 6,413.70 09/25/2025 Coupon 3137FJEH8 3,148,000.00 FHMS K-081 A2 3.9 08/25/2028 10,231.00 10,231.00 09/25/2025 Coupon 3137FJKE8 2,500,000.00 FHMS K-082 A2 3.92 09/25/2028 8,166.67 8,166.67 09/25/2025 Coupon 3137FLMV3 4,950,000.00 FHMS K-090 A2 3.422 02/25/2029 14,115.75 14,115.75 09/25/2025 Coupon 3137FLYV0 3,000,000.00 FHMS K-092 A2 3.298 04/25/2029 8,245.00 8,245.00 09/25/2025 Coupon 3137H4BY5 5,000,000.00 FHMS K-746 A2 2.031 09/25/2028 8,462.50 8,462.50 09/25/2025 Coupon 3137H5YC5 8,000,000.00 FHMS K-748 A2 2.26 01/25/2029 15,066.67 15,066.67 Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 44

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 09/26/2025 Coupon 40139LBJ1 3,050,000.00 GUARDIAN LIFE GLOBAL FUNDING 4.179 09/26/2029 63,729.75 63,729.75
09/30/2025 Coupon 91282CCZ2 3,130,000.00 UNITED STATES TREASURY 0.875 09/30/2026 13,693.75 13,693.75 09/30/2025 Coupon 91282CFM8 2,800,000.00 UNITED STATES TREASURY 4.125 09/30/2027 57,750.00 57,750.00 09/30/2025 Coupon 91282CJA0 5,800,000.00 UNITED STATES TREASURY 4.625 09/30/2028 134,125.00 134,125.00 09/30/2025 Coupon 91282CKG5 7,000,000.00 UNITED STATES TREASURY 4.125 03/31/2029 144,375.00 144,375.00 09/30/2025 Coupon 91282CLN9 8,500,000.00 UNITED STATES TREASURY 3.5 09/30/2029 148,750.00 148,750.00 September 2025
Total 6,592,506.23 1,828,387.16 8,420,893.39
OCTOBER 2025
10/06/2025 Coupon 89115A2Y7 2,330,000.00 TORONTO-DOMINION BANK 4.994 04/05/2029 58,180.10 58,180.10 10/14/2025 Coupon 58989V2H6 2,000,000.00 MET TOWER GLOBAL FUNDING 5.25 04/12/2029 52,500.00 52,500.00
10/15/2025 Coupon 02582JKH2 3,070,000.00 AMXCA 2024-1 A 5.23 04/16/2029 13,380.08 13,380.08 10/15/2025 Coupon 02582JKP4 3,380,000.00 AMXCA 2025-2 A 4.28 04/15/2030 12,055.33 12,055.33 10/15/2025 Coupon 05522RDH8 2,000,000.00 BACCT 2023-2 A 4.98 11/16/2026 8,300.00 8,300.00 10/15/2025 Coupon 05522RDJ4 2,095,000.00 BACCT 2024-1 A 4.93 05/15/2029 8,606.96 8,606.96 10/15/2025 Coupon 161571HT4 3,645,000.00 CHAIT 2023-1 A 5.16 09/15/2028 15,673.50 15,673.50 10/15/2025 Coupon 437918AC9 3,435,000.00 HAROT 2024-1 A3 5.21 08/15/2028 14,913.63 14,913.63 10/15/2025 Principal Paydown 437918AC9 3,435,000.00 HAROT 2024-1 A3 5.21 08/15/2028 177,422.66 177,422.66 10/15/2025 Coupon 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 8,316.67 8,316.67 10/15/2025 Coupon 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 7,280.96 7,280.96 10/15/2025 Coupon 44935CAD3 2,625,000.00 HART 2025-A A3 4.32 10/15/2029 9,450.00 9,450.00 10/15/2025 Coupon 44935WAD9 2,090,000.00 HALST 2025-A A3 4.83 01/18/2028 8,412.25 8,412.25 10/15/2025 Coupon 47786WAD2 2,100,000.00 JDOT 2024-B A3 5.2 03/15/2029 9,100.00 9,100.00 10/15/2025 Coupon 47787JAC2 104,576.30 JDOT 2022 A3 2.32 09/15/2026 38.73 38.73 10/15/2025 Effective Maturity 47787JAC2 104,576.30 JDOT 2022 A3 2.32 09/15/2026 20,035.19 20,035.19 10/15/2025 Coupon 47800CAC0 1,329,462.92 JDOT 2023 A3 5.01 11/15/2027 4,338.03 4,338.03 10/15/2025 Principal Paydown 47800CAC0 1,329,462.92 JDOT 2023 A3 5.01 11/15/2027 109,733.83 109,733.83 10/15/2025 Coupon 47800DAD6 2,080,000.00 JDOT 2025 A3 4.23 09/17/2029 7,332.00 7,332.00 10/15/2025 Coupon 58770JAD6 1,085,000.00 MBALT 2024-A A3 5.32 01/18/2028 4,810.73 4,810.73 10/15/2025 Coupon 92970QAE5 2,330,000.00 WFCIT 2024-2 A 4.29 10/15/2029 8,329.75 8,329.75 Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 45

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 10/16/2025 Coupon 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 8,022.71 8,022.71 10/16/2025 Principal Paydown 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 77,627.10 77,627.10 10/16/2025 Coupon 459058LN1 4,500,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 3.875 10/16/2029 87,187.50 87,187.50
10/20/2025 Coupon 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 6,715.04 6,715.04 10/20/2025 Coupon 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 6,214.21 6,214.21 10/20/2025 Coupon 4581X0DV7 6,390,000.00 INTER-AMERICAN DEVELOPMENT BANK 0.875 04/20/2026 27,956.25 27,956.25
10/27/2025 Coupon 05611UAD5 1,800,000.00 BMWLT 2024-1 A3 4.98 03/25/2027 6,346.98 6,346.98 10/27/2025 Principal Paydown 05611UAD5 1,800,000.00 BMWLT 2024-1 A3 4.98 03/25/2027 154,068.13 154,068.13 10/27/2025 Coupon 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 8,007.42 8,007.42 10/27/2025 Coupon 3137BSP72 1,500,000.00 FHMS K-058 A2 2.653 08/25/2026 3,316.25 3,316.25 10/27/2025 Coupon 3137BSRE5 3,000,000.00 FHMS K-059 A2 3.12 09/25/2026 7,800.00 7,800.00 10/27/2025 Principal Paydown 3137BSRE5 3,000,000.00 FHMS K-059 A2 3.12 09/25/2026 6,387.88 6,387.88 10/27/2025 Coupon 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 9,000.00 9,000.00 10/27/2025 Coupon 3137FETN0 6,000,000.00 FHMS K-073 A2 3.35 01/25/2028 16,750.00 16,750.00 10/27/2025 Coupon 3137FG6X8 5,320,000.00 FHMS K-077 A2 3.85 05/25/2028 17,068.33 17,068.33 10/27/2025 Coupon 3137FGR31 1,997,000.00 FHMS K-078 A2 3.854 06/25/2028 6,413.70 6,413.70 10/27/2025 Coupon 3137FJEH8 3,148,000.00 FHMS K-081 A2 3.9 08/25/2028 10,231.00 10,231.00 10/27/2025 Coupon 3137FJKE8 2,500,000.00 FHMS K-082 A2 3.92 09/25/2028 8,166.67 8,166.67 10/27/2025 Coupon 3137FLMV3 4,950,000.00 FHMS K-090 A2 3.422 02/25/2029 14,115.75 14,115.75 10/27/2025 Coupon 3137FLYV0 3,000,000.00 FHMS K-092 A2 3.298 04/25/2029 8,245.00 8,245.00 10/27/2025 Coupon 3137H4BY5 5,000,000.00 FHMS K-746 A2 2.031 09/25/2028 8,462.50 8,462.50 10/27/2025 Coupon 3137H5YC5 8,000,000.00 FHMS K-748 A2 2.26 01/25/2029 15,066.67 15,066.67 10/28/2025 Coupon 459058JL8 6,300,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 0.5 10/28/2025 15,750.00 15,750.00
10/28/2025 Final Maturity 459058JL8 6,300,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 0.5 10/28/2025 6,300,000.00 6,300,000.00
10/31/2025 Coupon 91282CAT8 6,000,000.00 UNITED STATES TREASURY 0.25 10/31/2025 7,500.00 7,500.00 10/31/2025 Final Maturity 91282CAT8 6,000,000.00 UNITED STATES TREASURY 0.25 10/31/2025 6,000,000.00 6,000,000.00 10/31/2025 Coupon 91282CDG3 3,120,000.00 UNITED STATES TREASURY 1.125 10/31/2026 17,550.00 17,550.00 10/31/2025 Coupon 91282CJF9 2,000,000.00 UNITED STATES TREASURY 4.875 10/31/2028 48,750.00 48,750.00 Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 46

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 10/31/2025 Coupon 91282CKP5 7,000,000.00 UNITED STATES TREASURY 4.625 04/30/2029 161,875.00 161,875.00 10/31/2025 Coupon 91282CMZ1 8,000,000.00 UNITED STATES TREASURY 3.875 04/30/2030 155,000.00 155,000.00 October 2025 Total 12,845,274.79 932,529.68 13,777,804.47 NOVEMBER 2025
11/03/2025 Coupon 74460DAD1 3,000,000.00 PUBLIC STORAGE OPERATING CO 3.385 05/01/2029 50,775.00 50,775.00
11/07/2025 Coupon 3135G06G3 6,300,000.00 FEDERAL NATIONAL MORTGAGE ASSOCIATION

0.5 11/07/2025 15,750.00 15,750.00
11/07/2025 Final Maturity 3135G06G3 6,300,000.00 FEDERAL NATIONAL MORTGAGE ASSOCIATION

0.5 11/07/2025 6,300,000.00 6,300,000.00
11/10/2025 Coupon 037833ET3 1,650,000.00 APPLE INC 4.0 05/10/2028 33,000.00 33,000.00 11/10/2025 Coupon 69371RT71 4,000,000.00 PACCAR FINANCIAL CORP 4.55 05/08/2030 91,000.00 91,000.00 11/12/2025 Coupon 023135BX3 4,865,000.00 AMAZON.COM INC 1.0 05/12/2026 24,325.00 24,325.00 11/17/2025 Coupon 02582JKH2 3,070,000.00 AMXCA 2024-1 A 5.23 04/16/2029 13,380.08 13,380.08 11/17/2025 Coupon 02582JKP4 3,380,000.00 AMXCA 2025-2 A 4.28 04/15/2030 12,055.33 12,055.33 11/17/2025 Coupon 05522RDH8 2,000,000.00 BACCT 2023-2 A 4.98 11/16/2026 8,300.00 8,300.00 11/17/2025 Coupon 05522RDJ4 2,095,000.00 BACCT 2024-1 A 4.93 05/15/2029 8,606.96 8,606.96 11/17/2025 Coupon 161571HT4 3,645,000.00 CHAIT 2023-1 A 5.16 09/15/2028 15,673.50 15,673.50 11/17/2025 Coupon 26442CAX2 3,280,000.00 DUKE ENERGY CAROLINAS LLC 3.95 11/15/2028 64,780.00 64,780.00
11/17/2025 Coupon 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 7,708.97 7,708.97 11/17/2025 Principal Paydown 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 84,320.82 84,320.82 11/17/2025 Coupon 437918AC9 3,435,000.00 HAROT 2024-1 A3 5.21 08/15/2028 14,143.32 14,143.32 11/17/2025 Principal Paydown 437918AC9 3,435,000.00 HAROT 2024-1 A3 5.21 08/15/2028 194,412.62 194,412.62 11/17/2025 Coupon 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 8,316.67 8,316.67 11/17/2025 Coupon 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 7,280.96 7,280.96 11/17/2025 Principal Paydown 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 150,316.00 150,316.00 11/17/2025 Coupon 44935CAD3 2,625,000.00 HART 2025-A A3 4.32 10/15/2029 9,450.00 9,450.00 11/17/2025 Coupon 44935WAD9 2,090,000.00 HALST 2025-A A3 4.83 01/18/2028 8,412.25 8,412.25 11/17/2025 Coupon 47786WAD2 2,100,000.00 JDOT 2024-B A3 5.2 03/15/2029 9,100.00 9,100.00 11/17/2025 Coupon 47800CAC0 1,329,462.92 JDOT 2023 A3 5.01 11/15/2027 3,879.89 3,879.89 11/17/2025 Principal Paydown 47800CAC0 1,329,462.92 JDOT 2023 A3 5.01 11/15/2027 128,329.12 128,329.12 Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 47

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 11/17/2025 Coupon 47800DAD6 2,080,000.00 JDOT 2025 A3 4.23 09/17/2029 7,332.00 7,332.00 11/17/2025 Coupon 58770JAD6 1,085,000.00 MBALT 2024-A A3 5.32 01/18/2028 4,810.73 4,810.73 11/17/2025 Coupon 58933YBH7 1,975,000.00 MERCK & CO INC 4.05 05/17/2028 39,993.75 39,993.75 11/17/2025 Coupon 91324PEC2 805,000.00 UNITEDHEALTH GROUP INC 1.15 05/15/2026 4,628.75 4,628.75 11/17/2025 Coupon 91324PEG3 1,365,000.00 UNITEDHEALTH GROUP INC 3.7 05/15/2027 25,252.50 25,252.50 11/17/2025 Coupon 92970QAE5 2,330,000.00 WFCIT 2024-2 A 4.29 10/15/2029 8,329.75 8,329.75 11/18/2025 Coupon 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 6,214.21 6,214.21 11/20/2025 Coupon 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 6,715.04 6,715.04 11/20/2025 Principal Paydown 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 27,539.68 27,539.68 11/25/2025 Coupon 05611UAD5 1,800,000.00 BMWLT 2024-1 A3 4.98 03/25/2027 5,707.59 5,707.59 11/25/2025 Principal Paydown 05611UAD5 1,800,000.00 BMWLT 2024-1 A3 4.98 03/25/2027 160,363.68 160,363.68 11/25/2025 Coupon 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 8,007.42 8,007.42 11/25/2025 Coupon 3137BSP72 1,500,000.00 FHMS K-058 A2 2.653 08/25/2026 3,316.25 3,316.25 11/25/2025 Coupon 3137BSRE5 3,000,000.00 FHMS K-059 A2 3.12 09/25/2026 7,783.39 7,783.39 11/25/2025 Principal Paydown 3137BSRE5 3,000,000.00 FHMS K-059 A2 3.12 09/25/2026 6,087.66 6,087.66 11/25/2025 Coupon 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 9,000.00 9,000.00 11/25/2025 Coupon 3137FETN0 6,000,000.00 FHMS K-073 A2 3.35 01/25/2028 16,750.00 16,750.00 11/25/2025 Coupon 3137FG6X8 5,320,000.00 FHMS K-077 A2 3.85 05/25/2028 17,068.33 17,068.33 11/25/2025 Coupon 3137FGR31 1,997,000.00 FHMS K-078 A2 3.854 06/25/2028 6,413.70 6,413.70 11/25/2025 Coupon 3137FJEH8 3,148,000.00 FHMS K-081 A2 3.9 08/25/2028 10,231.00 10,231.00 11/25/2025 Coupon 3137FJKE8 2,500,000.00 FHMS K-082 A2 3.92 09/25/2028 8,166.67 8,166.67 11/25/2025 Coupon 3137FLMV3 4,950,000.00 FHMS K-090 A2 3.422 02/25/2029 14,115.75 14,115.75 11/25/2025 Coupon 3137FLYV0 3,000,000.00 FHMS K-092 A2 3.298 04/25/2029 8,245.00 8,245.00 11/25/2025 Coupon 3137H4BY5 5,000,000.00 FHMS K-746 A2 2.031 09/25/2028 8,462.50 8,462.50 11/25/2025 Coupon 3137H5YC5 8,000,000.00 FHMS K-748 A2 2.26 01/25/2029 15,066.67 15,066.67 11/28/2025 Coupon 74153WCW7 3,250,000.00 PRICOA GLOBAL FUNDING I 4.7 05/28/2030 76,375.00 76,375.00 November 2025
Total 7,051,369.57 723,923.92 7,775,293.49
DECEMBER 2025
12/01/2025 Coupon 57629W4T4 1,850,000.00 MASSMUTUAL GLOBAL FUNDING II 5.15 05/30/2029 47,637.50 47,637.50
12/01/2025 Coupon 91282CFZ9 4,600,000.00 UNITED STATES TREASURY 3.875 11/30/2027 89,125.00 89,125.00 Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 48

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 12/01/2025 Coupon 91282CHE4 7,000,000.00 UNITED STATES TREASURY 3.625 05/31/2028 126,875.00 126,875.00 12/01/2025 Coupon 91282CJN2 3,400,000.00 UNITED STATES TREASURY 4.375 11/30/2028 74,375.00 74,375.00 12/01/2025 Coupon 91282CKT7 4,400,000.00 UNITED STATES TREASURY 4.5 05/31/2029 99,000.00 99,000.00 12/01/2025 Coupon 91282CMA6 4,500,000.00 UNITED STATES TREASURY 4.125 11/30/2029 92,812.50 92,812.50 12/01/2025 Coupon 91282CNG2 8,000,000.00 UNITED STATES TREASURY 4.0 05/31/2030 160,000.00 160,000.00 12/05/2025 Coupon 64952WFK4 3,445,000.00 NEW YORK LIFE GLOBAL FUNDING 4.6 12/05/2029 79,235.00 79,235.00
12/08/2025 Coupon 64952WFG3 2,120,000.00 NEW YORK LIFE GLOBAL FUNDING 5.0 06/06/2029 53,000.00 53,000.00
12/15/2025 Coupon 02582JKH2 3,070,000.00 AMXCA 2024-1 A 5.23 04/16/2029 13,380.08 13,380.08 12/15/2025 Coupon 02582JKP4 3,380,000.00 AMXCA 2025-2 A 4.28 04/15/2030 12,055.33 12,055.33 12/15/2025 Coupon 05522RDH8 2,000,000.00 BACCT 2023-2 A 4.98 11/16/2026 8,300.00 8,300.00 12/15/2025 Coupon 05522RDJ4 2,095,000.00 BACCT 2024-1 A 4.93 05/15/2029 8,606.96 8,606.96 12/15/2025 Coupon 161571HT4 3,645,000.00 CHAIT 2023-1 A 5.16 09/15/2028 15,673.50 15,673.50 12/15/2025 Coupon 437918AC9 3,435,000.00 HAROT 2024-1 A3 5.21 08/15/2028 13,299.24 13,299.24 12/15/2025 Principal Paydown 437918AC9 3,435,000.00 HAROT 2024-1 A3 5.21 08/15/2028 183,834.80 183,834.80 12/15/2025 Coupon 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 8,316.67 8,316.67 12/15/2025 Coupon 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 6,603.28 6,603.28 12/15/2025 Principal Paydown 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 174,189.63 174,189.63 12/15/2025 Coupon 44935CAD3 2,625,000.00 HART 2025-A A3 4.32 10/15/2029 9,450.00 9,450.00 12/15/2025 Coupon 44935WAD9 2,090,000.00 HALST 2025-A A3 4.83 01/18/2028 8,412.25 8,412.25 12/15/2025 Coupon 47786WAD2 2,100,000.00 JDOT 2024-B A3 5.2 03/15/2029 9,100.00 9,100.00 12/15/2025 Coupon 47800CAC0 1,329,462.92 JDOT 2023 A3 5.01 11/15/2027 3,344.12 3,344.12 12/15/2025 Principal Paydown 47800CAC0 1,329,462.92 JDOT 2023 A3 5.01 11/15/2027 85,779.83 85,779.83 12/15/2025 Coupon 47800DAD6 2,080,000.00 JDOT 2025 A3 4.23 09/17/2029 7,332.00 7,332.00 12/15/2025 Coupon 58770JAD6 1,085,000.00 MBALT 2024-A A3 5.32 01/18/2028 4,810.73 4,810.73 12/15/2025 Coupon 74340XCG4 4,000,000.00 PROLOGIS LP 4.875 06/15/2028 97,500.00 97,500.00 12/15/2025 Coupon 92970QAE5 2,330,000.00 WFCIT 2024-2 A 4.29 10/15/2029 8,329.75 8,329.75 12/16/2025 Coupon 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 7,368.17 7,368.17 12/16/2025 Principal Paydown 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 99,295.19 99,295.19 12/18/2025 Coupon 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 6,214.21 6,214.21 12/18/2025 Principal Paydown 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 23,046.31 23,046.31 Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 49

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 12/18/2025 Coupon 89236TJK2 3,325,000.00 TOYOTA MOTOR CREDIT CORP 1.125 06/18/2026 18,703.13 18,703.13
12/22/2025 Coupon 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 6,591.34 6,591.34 12/22/2025 Principal Paydown 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 159,164.36 159,164.36 12/25/2025 Coupon 05611UAD5 1,800,000.00 BMWLT 2024-1 A3 4.98 03/25/2027 5,042.08 5,042.08 12/25/2025 Principal Paydown 05611UAD5 1,800,000.00 BMWLT 2024-1 A3 4.98 03/25/2027 137,400.20 137,400.20 12/25/2025 Coupon 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 8,007.42 8,007.42 12/25/2025 Coupon 3137BSP72 1,500,000.00 FHMS K-058 A2 2.653 08/25/2026 3,316.25 3,316.25 12/25/2025 Coupon 3137BSRE5 3,000,000.00 FHMS K-059 A2 3.12 09/25/2026 7,767.56 7,767.56 12/25/2025 Principal Paydown 3137BSRE5 3,000,000.00 FHMS K-059 A2 3.12 09/25/2026 6,417.87 6,417.87 12/25/2025 Coupon 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 9,000.00 9,000.00 12/25/2025 Principal Paydown 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 3,076.36 3,076.36 12/25/2025 Coupon 3137FETN0 6,000,000.00 FHMS K-073 A2 3.35 01/25/2028 16,750.00 16,750.00 12/25/2025 Coupon 3137FG6X8 5,320,000.00 FHMS K-077 A2 3.85 05/25/2028 17,068.33 17,068.33 12/25/2025 Coupon 3137FGR31 1,997,000.00 FHMS K-078 A2 3.854 06/25/2028 6,413.70 6,413.70 12/25/2025 Coupon 3137FJEH8 3,148,000.00 FHMS K-081 A2 3.9 08/25/2028 10,231.00 10,231.00 12/25/2025 Coupon 3137FJKE8 2,500,000.00 FHMS K-082 A2 3.92 09/25/2028 8,166.67 8,166.67 12/25/2025 Coupon 3137FLMV3 4,950,000.00 FHMS K-090 A2 3.422 02/25/2029 14,115.75 14,115.75 12/25/2025 Coupon 3137FLYV0 3,000,000.00 FHMS K-092 A2 3.298 04/25/2029 8,245.00 8,245.00 12/25/2025 Coupon 3137H4BY5 5,000,000.00 FHMS K-746 A2 2.031 09/25/2028 8,462.50 8,462.50 12/25/2025 Coupon 3137H5YC5 8,000,000.00 FHMS K-748 A2 2.26 01/25/2029 15,066.67 15,066.67 12/26/2025 Coupon 437076DC3 3,000,000.00 HOME DEPOT INC 4.75 06/25/2029 71,250.00 71,250.00 12/30/2025 Coupon 3130AWN63 3,000,000.00 FEDERAL HOME LOAN BANKS 4.0 06/30/2028 60,000.00 60,000.00 12/31/2025 Coupon 91282CEW7 6,650,000.00 UNITED STATES TREASURY 3.25 06/30/2027 108,062.50 108,062.50 12/31/2025 Coupon 91282CGC9 7,000,000.00 UNITED STATES TREASURY 3.875 12/31/2027 135,625.00 135,625.00 12/31/2025 Coupon 91282CJR3 11,000,000.00 UNITED STATES TREASURY 3.75 12/31/2028 206,250.00 206,250.00 12/31/2025 Coupon 91282CKX8 4,000,000.00 UNITED STATES TREASURY 4.25 06/30/2029 85,000.00 85,000.00 December 2025
Total 872,204.56 1,899,291.19 2,771,495.74
JANUARY 2026
01/09/2026 Coupon 89236TNA9 3,655,000.00 TOYOTA MOTOR CREDIT CORP 4.95 01/09/2030 90,461.25 90,461.25 Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 50

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 01/12/2026 Coupon 59217GER6 2,485,000.00 METROPOLITAN LIFE GLOBAL FUNDING I 1.875 01/11/2027 23,296.88 23,296.88
01/12/2026 Coupon 66815L2Q1 2,400,000.00 NORTHWESTERN MUTUAL GLOBAL FUNDING

4.71 01/10/2029 56,520.00 56,520.00
01/15/2026 Coupon 02582JKH2 3,070,000.00 AMXCA 2024-1 A 5.23 04/16/2029 13,380.08 13,380.08 01/15/2026 Coupon 02582JKP4 3,380,000.00 AMXCA 2025-2 A 4.28 04/15/2030 12,055.33 12,055.33 01/15/2026 Coupon 05522RDH8 2,000,000.00 BACCT 2023-2 A 4.98 11/16/2026 8,300.00 8,300.00 01/15/2026 Coupon 05522RDJ4 2,095,000.00 BACCT 2024-1 A 4.93 05/15/2029 8,606.96 8,606.96 01/15/2026 Coupon 161571HT4 3,645,000.00 CHAIT 2023-1 A 5.16 09/15/2028 15,673.50 15,673.50 01/15/2026 Coupon 437918AC9 3,435,000.00 HAROT 2024-1 A3 5.21 08/15/2028 12,501.09 12,501.09 01/15/2026 Principal Paydown 437918AC9 3,435,000.00 HAROT 2024-1 A3 5.21 08/15/2028 180,221.66 180,221.66 01/15/2026 Coupon 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 8,316.67 8,316.67 01/15/2026 Principal Paydown 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 52,076.66 52,076.66 01/15/2026 Coupon 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 5,817.98 5,817.98 01/15/2026 Principal Paydown 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 174,045.31 174,045.31 01/15/2026 Coupon 44935CAD3 2,625,000.00 HART 2025-A A3 4.32 10/15/2029 9,450.00 9,450.00 01/15/2026 Coupon 44935WAD9 2,090,000.00 HALST 2025-A A3 4.83 01/18/2028 8,412.25 8,412.25 01/15/2026 Coupon 47786WAD2 2,100,000.00 JDOT 2024-B A3 5.2 03/15/2029 9,100.00 9,100.00 01/15/2026 Coupon 47800CAC0 1,329,462.92 JDOT 2023 A3 5.01 11/15/2027 2,985.99 2,985.99 01/15/2026 Principal Paydown 47800CAC0 1,329,462.92 JDOT 2023 A3 5.01 11/15/2027 97,401.39 97,401.39 01/15/2026 Coupon 47800DAD6 2,080,000.00 JDOT 2025 A3 4.23 09/17/2029 7,332.00 7,332.00 01/15/2026 Coupon 58770JAD6 1,085,000.00 MBALT 2024-A A3 5.32 01/18/2028 4,810.73 4,810.73 01/15/2026 Principal Paydown 58770JAD6 1,085,000.00 MBALT 2024-A A3 5.32 01/18/2028 65,407.53 65,407.53 01/15/2026 Coupon 756109AU8 4,500,000.00 REALTY INCOME CORP 3.65 01/15/2028 82,125.00 82,125.00 01/15/2026 Coupon 92970QAE5 2,330,000.00 WFCIT 2024-2 A 4.29 10/15/2029 8,329.75 8,329.75 01/16/2026 Coupon 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 6,966.85 6,966.85 01/16/2026 Principal Paydown 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 97,575.94 97,575.94 01/16/2026 Coupon 57629WDE7 2,272,000.00 MASSMUTUAL GLOBAL FUNDING II 1.2 07/16/2026 13,632.00 13,632.00
01/19/2026 Coupon 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 6,113.00 6,113.00 01/19/2026 Principal Paydown 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 78,102.01 78,102.01 01/20/2026 Coupon 24422EWR6 2,450,000.00 JOHN DEERE CAPITAL CORP 4.75 01/20/2028 58,187.50 58,187.50 Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 51

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 01/20/2026 Coupon 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 5,876.43 5,876.43 01/20/2026 Principal Paydown 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 226,225.01 226,225.01 01/20/2026 Coupon 57629W5B2 2,140,000.00 MASSMUTUAL GLOBAL FUNDING II 4.85 01/17/2029 51,895.00 51,895.00
01/23/2026 Coupon 46647PAM8 3,300,000.00 JPMORGAN CHASE & CO 3.509 01/23/2029 57,898.50 57,898.50 01/26/2026 Coupon 05611UAD5 1,800,000.00 BMWLT 2024-1 A3 4.98 03/25/2027 4,471.87 4,471.87 01/26/2026 Principal Paydown 05611UAD5 1,800,000.00 BMWLT 2024-1 A3 4.98 03/25/2027 251,179.67 251,179.67 01/26/2026 Coupon 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 8,007.42 8,007.42 01/26/2026 Principal Paydown 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 38,570.28 38,570.28 01/26/2026 Coupon 3137BSP72 1,500,000.00 FHMS K-058 A2 2.653 08/25/2026 3,316.25 3,316.25 01/26/2026 Coupon 3137BSRE5 3,000,000.00 FHMS K-059 A2 3.12 09/25/2026 7,750.88 7,750.88 01/26/2026 Principal Paydown 3137BSRE5 3,000,000.00 FHMS K-059 A2 3.12 09/25/2026 123,258.12 123,258.12 01/26/2026 Coupon 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 8,990.77 8,990.77 01/26/2026 Principal Paydown 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 5,275.35 5,275.35 01/26/2026 Coupon 3137FETN0 6,000,000.00 FHMS K-073 A2 3.35 01/25/2028 16,750.00 16,750.00 01/26/2026 Coupon 3137FG6X8 5,320,000.00 FHMS K-077 A2 3.85 05/25/2028 17,068.33 17,068.33 01/26/2026 Coupon 3137FGR31 1,997,000.00 FHMS K-078 A2 3.854 06/25/2028 6,413.70 6,413.70 01/26/2026 Coupon 3137FJEH8 3,148,000.00 FHMS K-081 A2 3.9 08/25/2028 10,231.00 10,231.00 01/26/2026 Coupon 3137FJKE8 2,500,000.00 FHMS K-082 A2 3.92 09/25/2028 8,166.67 8,166.67 01/26/2026 Coupon 3137FLMV3 4,950,000.00 FHMS K-090 A2 3.422 02/25/2029 14,115.75 14,115.75 01/26/2026 Coupon 3137FLYV0 3,000,000.00 FHMS K-092 A2 3.298 04/25/2029 8,245.00 8,245.00 01/26/2026 Coupon 3137H4BY5 5,000,000.00 FHMS K-746 A2 2.031 09/25/2028 8,462.50 8,462.50 01/26/2026 Coupon 3137H5YC5 8,000,000.00 FHMS K-748 A2 2.26 01/25/2029 15,066.67 15,066.67 January 2026 Total 1,389,338.92 725,101.53 2,114,440.46 FEBRUARY 2026
02/02/2026 Coupon 13063EGT7 4,395,000.00 CALIFORNIA STATE 4.5 08/01/2029 98,887.50 98,887.50 02/02/2026 Coupon 61747YFA8 2,650,000.00 MORGAN STANLEY 5.123 02/01/2029 67,879.75 67,879.75 02/02/2026 Coupon 78016HZS2 3,500,000.00 ROYAL BANK OF CANADA 5.2 08/01/2028 91,000.00 91,000.00 02/02/2026 Coupon 91282CFB2 1,300,000.00 UNITED STATES TREASURY 2.75 07/31/2027 17,875.00 17,875.00 02/02/2026 Coupon 91282CGH8 7,000,000.00 UNITED STATES TREASURY 3.5 01/31/2028 122,500.00 122,500.00 02/02/2026 Coupon 91282CJW2 5,000,000.00 UNITED STATES TREASURY 4.0 01/31/2029 100,000.00 100,000.00 02/02/2026 Coupon 91282CMG3 4,500,000.00 UNITED STATES TREASURY 4.25 01/31/2030 95,625.00 95,625.00 Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 52

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 02/09/2026 Coupon 63743HFN7 2,500,000.00 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 4.85 02/07/2029 60,625.00 60,625.00
02/10/2026 Coupon 69371RS64 1,670,000.00 PACCAR FINANCIAL CORP 4.95 08/10/2028 41,332.50 41,332.50 02/16/2026 Coupon 05522RDJ4 2,095,000.00 BACCT 2024-1 A 4.93 05/15/2029 8,606.96 8,606.96 02/16/2026 Coupon 161571HT4 3,645,000.00 CHAIT 2023-1 A 5.16 09/15/2028 15,673.50 15,673.50 02/16/2026 Coupon 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 6,572.48 6,572.48 02/16/2026 Principal Paydown 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 96,525.53 96,525.53 02/16/2026 Coupon 437918AC9 3,435,000.00 HAROT 2024-1 A3 5.21 08/15/2028 11,718.63 11,718.63 02/16/2026 Principal Paydown 437918AC9 3,435,000.00 HAROT 2024-1 A3 5.21 08/15/2028 177,588.18 177,588.18 02/16/2026 Coupon 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 8,100.11 8,100.11 02/16/2026 Principal Paydown 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 108,256.04 108,256.04 02/16/2026 Coupon 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 5,033.32 5,033.32 02/16/2026 Principal Paydown 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 118,183.88 118,183.88 02/16/2026 Coupon 44935CAD3 2,625,000.00 HART 2025-A A3 4.32 10/15/2029 9,450.00 9,450.00 02/16/2026 Coupon 44935WAD9 2,090,000.00 HALST 2025-A A3 4.83 01/18/2028 8,412.25 8,412.25 02/16/2026 Coupon 47786WAD2 2,100,000.00 JDOT 2024-B A3 5.2 03/15/2029 9,100.00 9,100.00 02/16/2026 Coupon 47800CAC0 1,329,462.92 JDOT 2023 A3 5.01 11/15/2027 2,579.34 2,579.34 02/16/2026 Principal Paydown 47800CAC0 1,329,462.92 JDOT 2023 A3 5.01 11/15/2027 64,412.90 64,412.90 02/16/2026 Coupon 47800DAD6 2,080,000.00 JDOT 2025 A3 4.23 09/17/2029 7,332.00 7,332.00 02/16/2026 Coupon 58770JAD6 1,085,000.00 MBALT 2024-A A3 5.32 01/18/2028 4,520.76 4,520.76 02/16/2026 Principal Paydown 58770JAD6 1,085,000.00 MBALT 2024-A A3 5.32 01/18/2028 74,389.72 74,389.72 02/17/2026 Coupon 02582JKH2 3,070,000.00 AMXCA 2024-1 A 5.23 04/16/2029 13,380.08 13,380.08 02/17/2026 Coupon 02582JKP4 3,380,000.00 AMXCA 2025-2 A 4.28 04/15/2030 12,055.33 12,055.33 02/17/2026 Coupon 05522RDH8 2,000,000.00 BACCT 2023-2 A 4.98 11/16/2026 8,300.00 8,300.00 02/17/2026 Coupon 171239AL0 3,700,000.00 CHUBB INA HOLDINGS LLC 4.65 08/15/2029 86,025.00 86,025.00 02/17/2026 Coupon 30303M8S4 2,280,000.00 META PLATFORMS INC 4.3 08/15/2029 49,020.00 49,020.00 02/17/2026 Coupon 91324PEP3 1,500,000.00 UNITEDHEALTH GROUP INC 5.25 02/15/2028 39,375.00 39,375.00 02/17/2026 Coupon 92970QAE5 2,330,000.00 WFCIT 2024-2 A 4.29 10/15/2029 8,329.75 8,329.75 02/18/2026 Coupon 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 5,770.00 5,770.00 02/18/2026 Principal Paydown 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 77,023.16 77,023.16 02/20/2026 Coupon 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 4,860.30 4,860.30 02/20/2026 Principal Paydown 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 196,259.42 196,259.42 Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 53

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 02/25/2026 Coupon 05611UAD5 1,800,000.00 BMWLT 2024-1 A3 4.98 03/25/2027 3,429.48 3,429.48 02/25/2026 Principal Paydown 05611UAD5 1,800,000.00 BMWLT 2024-1 A3 4.98 03/25/2027 198,964.50 198,964.50 02/25/2026 Coupon 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 7,840.92 7,840.92 02/25/2026 Principal Paydown 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 101,150.63 101,150.63 02/25/2026 Coupon 3137BSP72 1,500,000.00 FHMS K-058 A2 2.653 08/25/2026 3,316.25 3,316.25 02/25/2026 Coupon 3137BSRE5 3,000,000.00 FHMS K-059 A2 3.12 09/25/2026 7,430.41 7,430.41 02/25/2026 Principal Paydown 3137BSRE5 3,000,000.00 FHMS K-059 A2 3.12 09/25/2026 25,255.07 25,255.07 02/25/2026 Coupon 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 8,974.94 8,974.94 02/25/2026 Principal Paydown 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 5,293.61 5,293.61 02/25/2026 Coupon 3137FETN0 6,000,000.00 FHMS K-073 A2 3.35 01/25/2028 16,750.00 16,750.00 02/25/2026 Coupon 3137FG6X8 5,320,000.00 FHMS K-077 A2 3.85 05/25/2028 17,068.33 17,068.33 02/25/2026 Coupon 3137FGR31 1,997,000.00 FHMS K-078 A2 3.854 06/25/2028 6,413.70 6,413.70 02/25/2026 Coupon 3137FJEH8 3,148,000.00 FHMS K-081 A2 3.9 08/25/2028 10,231.00 10,231.00 02/25/2026 Coupon 3137FJKE8 2,500,000.00 FHMS K-082 A2 3.92 09/25/2028 8,166.67 8,166.67 02/25/2026 Coupon 3137FLMV3 4,950,000.00 FHMS K-090 A2 3.422 02/25/2029 14,115.75 14,115.75 02/25/2026 Coupon 3137FLYV0 3,000,000.00 FHMS K-092 A2 3.298 04/25/2029 8,245.00 8,245.00 02/25/2026 Coupon 3137H4BY5 5,000,000.00 FHMS K-746 A2 2.031 09/25/2028 8,462.50 8,462.50 02/25/2026 Coupon 3137H5YC5 8,000,000.00 FHMS K-748 A2 2.26 01/25/2029 15,066.67 15,066.67 02/26/2026 Coupon 17275RBR2 1,960,000.00 CISCO SYSTEMS INC 4.85 02/26/2029 47,530.00 47,530.00 02/27/2026 Coupon 14913UAJ9 2,500,000.00 CATERPILLAR FINANCIAL SERVICES CORP 4.85 02/27/2029 60,625.00 60,625.00
February 2026
Total 1,243,302.66 1,263,606.18 2,506,908.84
MARCH 2026
03/02/2026 Coupon 74456QBX3 3,000,000.00 PUBLIC SERVICE ELECTRIC AND GAS CO 3.65 09/01/2028 54,750.00 54,750.00
03/02/2026 Coupon 91282CCW9 1,570,000.00 UNITED STATES TREASURY 0.75 08/31/2026 5,887.50 5,887.50 03/02/2026 Coupon 91282CFH9 3,450,000.00 UNITED STATES TREASURY 3.125 08/31/2027 53,906.25 53,906.25 03/02/2026 Coupon 91282CGP0 7,000,000.00 UNITED STATES TREASURY 4.0 02/29/2028 140,000.00 140,000.00 03/02/2026 Coupon 91282CHX2 1,900,000.00 UNITED STATES TREASURY 4.375 08/31/2028 41,562.50 41,562.50 03/02/2026 Coupon 91282CKD2 7,000,000.00 UNITED STATES TREASURY 4.25 02/28/2029 148,750.00 148,750.00 03/02/2026 Coupon 91282CLK5 8,000,000.00 UNITED STATES TREASURY 3.625 08/31/2029 145,000.00 145,000.00 Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 54

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 03/05/2026 Coupon 02665WFY2 3,500,000.00 AMERICAN HONDA FINANCE CORP 4.8 03/05/2030 84,000.00 84,000.00
03/09/2026 Coupon 57636QAW4 2,090,000.00 MASTERCARD INC 4.875 03/09/2028 50,943.75 50,943.75 03/10/2026 Coupon 89114TZT2 1,900,000.00 TORONTO-DOMINION BANK 2.8 03/10/2027 26,600.00 26,600.00 03/16/2026 Coupon 02582JKH2 3,070,000.00 AMXCA 2024-1 A 5.23 04/16/2029 13,380.08 13,380.08 03/16/2026 Coupon 02582JKP4 3,380,000.00 AMXCA 2025-2 A 4.28 04/15/2030 12,055.33 12,055.33 03/16/2026 Coupon 05522RDH8 2,000,000.00 BACCT 2023-2 A 4.98 11/16/2026 8,300.00 8,300.00 03/16/2026 Coupon 05522RDJ4 2,095,000.00 BACCT 2024-1 A 4.93 05/15/2029 8,606.96 8,606.96 03/16/2026 Coupon 161571HT4 3,645,000.00 CHAIT 2023-1 A 5.16 09/15/2028 15,673.50 15,673.50 03/16/2026 Coupon 26442UAH7 1,500,000.00 DUKE ENERGY PROGRESS LLC 3.45 03/15/2029 25,875.00 25,875.00 03/16/2026 Coupon 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 6,182.36 6,182.36 03/16/2026 Principal Paydown 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 93,531.03 93,531.03 03/16/2026 Coupon 437918AC9 3,435,000.00 HAROT 2024-1 A3 5.21 08/15/2028 10,947.60 10,947.60 03/16/2026 Principal Paydown 437918AC9 3,435,000.00 HAROT 2024-1 A3 5.21 08/15/2028 172,163.01 172,163.01 03/16/2026 Coupon 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 7,649.95 7,649.95 03/16/2026 Principal Paydown 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 104,833.93 104,833.93 03/16/2026 Coupon 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 4,500.51 4,500.51 03/16/2026 Principal Paydown 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 133,618.77 133,618.77 03/16/2026 Coupon 44935CAD3 2,625,000.00 HART 2025-A A3 4.32 10/15/2029 9,450.00 9,450.00 03/16/2026 Coupon 44935WAD9 2,090,000.00 HALST 2025-A A3 4.83 01/18/2028 8,412.25 8,412.25 03/16/2026 Coupon 47786WAD2 2,100,000.00 JDOT 2024-B A3 5.2 03/15/2029 9,100.00 9,100.00 03/16/2026 Principal Paydown 47786WAD2 2,100,000.00 JDOT 2024-B A3 5.2 03/15/2029 13,198.91 13,198.91 03/16/2026 Coupon 47800CAC0 1,329,462.92 JDOT 2023 A3 5.01 11/15/2027 2,310.41 2,310.41 03/16/2026 Principal Paydown 47800CAC0 1,329,462.92 JDOT 2023 A3 5.01 11/15/2027 57,475.87 57,475.87 03/16/2026 Coupon 47800DAD6 2,080,000.00 JDOT 2025 A3 4.23 09/17/2029 7,332.00 7,332.00 03/16/2026 Coupon 58770JAD6 1,085,000.00 MBALT 2024-A A3 5.32 01/18/2028 4,190.96 4,190.96 03/16/2026 Principal Paydown 58770JAD6 1,085,000.00 MBALT 2024-A A3 5.32 01/18/2028 70,067.21 70,067.21 03/16/2026 Coupon 58989V2D5 1,715,000.00 MET TOWER GLOBAL FUNDING 1.25 09/14/2026 10,718.75 10,718.75
03/16/2026 Coupon 880591EZ1 3,500,000.00 TENNESSEE VALLEY AUTHORITY 3.875 03/15/2028 67,812.50 67,812.50
03/16/2026 Coupon 92970QAE5 2,330,000.00 WFCIT 2024-2 A 4.29 10/15/2029 8,329.75 8,329.75 Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 55

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 03/17/2026 Coupon 931142ER0 785,000.00 WALMART INC 1.05 09/17/2026 4,121.25 4,121.25 03/18/2026 Coupon 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 5,431.74 5,431.74 03/18/2026 Principal Paydown 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 74,631.13 74,631.13 03/20/2026 Coupon 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 3,978.77 3,978.77 03/20/2026 Principal Paydown 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 181,550.72 181,550.72 03/20/2026 Coupon 459058LR2 4,500,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 4.125 03/20/2030 92,812.50 92,812.50
03/25/2026 Coupon 05611UAD5 1,800,000.00 BMWLT 2024-1 A3 4.98 03/25/2027 2,603.77 2,603.77 03/25/2026 Principal Paydown 05611UAD5 1,800,000.00 BMWLT 2024-1 A3 4.98 03/25/2027 201,559.61 201,559.61 03/25/2026 Coupon 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 7,404.29 7,404.29 03/25/2026 Principal Paydown 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 98,051.90 98,051.90 03/25/2026 Coupon 3137BSP72 1,500,000.00 FHMS K-058 A2 2.653 08/25/2026 3,316.25 3,316.25 03/25/2026 Coupon 3137BSRE5 3,000,000.00 FHMS K-059 A2 3.12 09/25/2026 7,364.74 7,364.74 03/25/2026 Principal Paydown 3137BSRE5 3,000,000.00 FHMS K-059 A2 3.12 09/25/2026 222,403.84 222,403.84 03/25/2026 Coupon 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 8,959.06 8,959.06 03/25/2026 Principal Paydown 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 6,489.02 6,489.02 03/25/2026 Coupon 3137FETN0 6,000,000.00 FHMS K-073 A2 3.35 01/25/2028 16,750.00 16,750.00 03/25/2026 Coupon 3137FG6X8 5,320,000.00 FHMS K-077 A2 3.85 05/25/2028 17,068.33 17,068.33 03/25/2026 Coupon 3137FGR31 1,997,000.00 FHMS K-078 A2 3.854 06/25/2028 6,413.70 6,413.70 03/25/2026 Coupon 3137FJEH8 3,148,000.00 FHMS K-081 A2 3.9 08/25/2028 10,231.00 10,231.00 03/25/2026 Coupon 3137FJKE8 2,500,000.00 FHMS K-082 A2 3.92 09/25/2028 8,166.67 8,166.67 03/25/2026 Coupon 3137FLMV3 4,950,000.00 FHMS K-090 A2 3.422 02/25/2029 14,115.75 14,115.75 03/25/2026 Coupon 3137FLYV0 3,000,000.00 FHMS K-092 A2 3.298 04/25/2029 8,245.00 8,245.00 03/25/2026 Coupon 3137H4BY5 5,000,000.00 FHMS K-746 A2 2.031 09/25/2028 8,462.50 8,462.50 03/25/2026 Coupon 3137H5YC5 8,000,000.00 FHMS K-748 A2 2.26 01/25/2029 15,066.67 15,066.67 03/26/2026 Coupon 40139LBJ1 3,050,000.00 GUARDIAN LIFE GLOBAL FUNDING 4.179 09/26/2029 63,729.75 63,729.75
03/31/2026 Coupon 91282CCZ2 3,130,000.00 UNITED STATES TREASURY 0.875 09/30/2026 13,693.75 13,693.75 03/31/2026 Coupon 91282CFM8 2,800,000.00 UNITED STATES TREASURY 4.125 09/30/2027 57,750.00 57,750.00 03/31/2026 Coupon 91282CJA0 5,800,000.00 UNITED STATES TREASURY 4.625 09/30/2028 134,125.00 134,125.00 03/31/2026 Coupon 91282CKG5 7,000,000.00 UNITED STATES TREASURY 4.125 03/31/2029 144,375.00 144,375.00 03/31/2026 Coupon 91282CLN9 8,500,000.00 UNITED STATES TREASURY 3.5 09/30/2029 148,750.00 148,750.00 Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 56

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount March 2026 Total 1,429,574.95 1,795,163.41 3,224,738.36 APRIL 2026
04/06/2026 Coupon 89115A2Y7 2,330,000.00 TORONTO-DOMINION BANK 4.994 04/05/2029 58,180.10 58,180.10 04/13/2026 Coupon 58989V2H6 2,000,000.00 MET TOWER GLOBAL FUNDING 5.25 04/12/2029 52,500.00 52,500.00
04/15/2026 Coupon 02582JKH2 3,070,000.00 AMXCA 2024-1 A 5.23 04/16/2029 13,380.08 13,380.08 04/15/2026 Coupon 02582JKP4 3,380,000.00 AMXCA 2025-2 A 4.28 04/15/2030 12,055.33 12,055.33 04/15/2026 Coupon 05522RDH8 2,000,000.00 BACCT 2023-2 A 4.98 11/16/2026 8,300.00 8,300.00 04/15/2026 Coupon 05522RDJ4 2,095,000.00 BACCT 2024-1 A 4.93 05/15/2029 8,606.96 8,606.96 04/15/2026 Coupon 161571HT4 3,645,000.00 CHAIT 2023-1 A 5.16 09/15/2028 15,673.50 15,673.50 04/15/2026 Coupon 437918AC9 3,435,000.00 HAROT 2024-1 A3 5.21 08/15/2028 10,200.13 10,200.13 04/15/2026 Principal Paydown 437918AC9 3,435,000.00 HAROT 2024-1 A3 5.21 08/15/2028 177,627.69 177,627.69 04/15/2026 Coupon 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 7,214.02 7,214.02 04/15/2026 Principal Paydown 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 110,317.54 110,317.54 04/15/2026 Coupon 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 3,898.11 3,898.11 04/15/2026 Principal Paydown 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 234,799.11 234,799.11 04/15/2026 Coupon 44935CAD3 2,625,000.00 HART 2025-A A3 4.32 10/15/2029 9,450.00 9,450.00 04/15/2026 Coupon 44935WAD9 2,090,000.00 HALST 2025-A A3 4.83 01/18/2028 8,412.25 8,412.25 04/15/2026 Coupon 47786WAD2 2,100,000.00 JDOT 2024-B A3 5.2 03/15/2029 9,042.80 9,042.80 04/15/2026 Principal Paydown 47786WAD2 2,100,000.00 JDOT 2024-B A3 5.2 03/15/2029 147,957.86 147,957.86 04/15/2026 Coupon 47800CAC0 1,329,462.92 JDOT 2023 A3 5.01 11/15/2027 2,070.45 2,070.45 04/15/2026 Principal Paydown 47800CAC0 1,329,462.92 JDOT 2023 A3 5.01 11/15/2027 69,866.07 69,866.07 04/15/2026 Coupon 47800DAD6 2,080,000.00 JDOT 2025 A3 4.23 09/17/2029 7,332.00 7,332.00 04/15/2026 Coupon 58770JAD6 1,085,000.00 MBALT 2024-A A3 5.32 01/18/2028 3,880.33 3,880.33 04/15/2026 Principal Paydown 58770JAD6 1,085,000.00 MBALT 2024-A A3 5.32 01/18/2028 78,135.11 78,135.11 04/15/2026 Coupon 92970QAE5 2,330,000.00 WFCIT 2024-2 A 4.29 10/15/2029 8,329.75 8,329.75 04/16/2026 Coupon 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 5,804.34 5,804.34 04/16/2026 Principal Paydown 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 98,196.54 98,196.54 04/16/2026 Coupon 459058LN1 4,500,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 3.875 10/16/2029 87,187.50 87,187.50
04/20/2026 Coupon 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 3,163.30 3,163.30 04/20/2026 Principal Paydown 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 197,465.68 197,465.68 Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 57

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 04/20/2026 Coupon 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 5,103.98 5,103.98 04/20/2026 Principal Paydown 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 77,384.70 77,384.70 04/20/2026 Coupon 4581X0DV7 6,390,000.00 INTER-AMERICAN DEVELOPMENT BANK 0.875 04/20/2026 27,956.25 27,956.25
04/20/2026 Final Maturity 4581X0DV7 6,390,000.00 INTER-AMERICAN DEVELOPMENT BANK 0.875 04/20/2026 6,390,000.00 6,390,000.00
04/27/2026 Coupon 05611UAD5 1,800,000.00 BMWLT 2024-1 A3 4.98 03/25/2027 1,767.30 1,767.30 04/27/2026 Principal Paydown 05611UAD5 1,800,000.00 BMWLT 2024-1 A3 4.98 03/25/2027 220,545.31 220,545.31 04/27/2026 Coupon 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 6,981.03 6,981.03 04/27/2026 Principal Paydown 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 98,586.59 98,586.59 04/27/2026 Coupon 3137BSP72 1,500,000.00 FHMS K-058 A2 2.653 08/25/2026 3,316.25 3,316.25 04/27/2026 Coupon 3137BSRE5 3,000,000.00 FHMS K-059 A2 3.12 09/25/2026 6,786.49 6,786.49 04/27/2026 Principal Paydown 3137BSRE5 3,000,000.00 FHMS K-059 A2 3.12 09/25/2026 5,403.88 5,403.88 04/27/2026 Coupon 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 8,939.60 8,939.60 04/27/2026 Principal Paydown 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 5,334.64 5,334.64 04/27/2026 Coupon 3137FETN0 6,000,000.00 FHMS K-073 A2 3.35 01/25/2028 16,750.00 16,750.00 04/27/2026 Coupon 3137FG6X8 5,320,000.00 FHMS K-077 A2 3.85 05/25/2028 17,068.33 17,068.33 04/27/2026 Coupon 3137FGR31 1,997,000.00 FHMS K-078 A2 3.854 06/25/2028 6,413.70 6,413.70 04/27/2026 Coupon 3137FJEH8 3,148,000.00 FHMS K-081 A2 3.9 08/25/2028 10,231.00 10,231.00 04/27/2026 Coupon 3137FJKE8 2,500,000.00 FHMS K-082 A2 3.92 09/25/2028 8,166.67 8,166.67 04/27/2026 Coupon 3137FLMV3 4,950,000.00 FHMS K-090 A2 3.422 02/25/2029 14,115.75 14,115.75 04/27/2026 Coupon 3137FLYV0 3,000,000.00 FHMS K-092 A2 3.298 04/25/2029 8,245.00 8,245.00 04/27/2026 Coupon 3137H4BY5 5,000,000.00 FHMS K-746 A2 2.031 09/25/2028 8,462.50 8,462.50 04/27/2026 Coupon 3137H5YC5 8,000,000.00 FHMS K-748 A2 2.26 01/25/2029 15,066.67 15,066.67 04/30/2026 Coupon 91282CDG3 3,120,000.00 UNITED STATES TREASURY 1.125 10/31/2026 17,550.00 17,550.00 04/30/2026 Coupon 91282CJF9 2,000,000.00 UNITED STATES TREASURY 4.875 10/31/2028 48,750.00 48,750.00 04/30/2026 Coupon 91282CKP5 7,000,000.00 UNITED STATES TREASURY 4.625 04/30/2029 161,875.00 161,875.00 04/30/2026 Coupon 91282CMZ1 8,000,000.00 UNITED STATES TREASURY 3.875 04/30/2030 155,000.00 155,000.00 April 2026 Total 7,911,620.72 883,226.48 8,794,847.19
MAY 2026
05/01/2026 Coupon 74460DAD1 3,000,000.00 PUBLIC STORAGE OPERATING CO 3.385 05/01/2029 50,775.00 50,775.00
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 58

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 05/08/2026 Coupon 69371RT71 4,000,000.00 PACCAR FINANCIAL CORP 4.55 05/08/2030 91,000.00 91,000.00 05/11/2026 Coupon 037833ET3 1,650,000.00 APPLE INC 4.0 05/10/2028 33,000.00 33,000.00 05/12/2026 Coupon 023135BX3 4,865,000.00 AMAZON.COM INC 1.0 05/12/2026 24,325.00 24,325.00 05/12/2026 Final Maturity 023135BX3 4,865,000.00 AMAZON.COM INC 1.0 05/12/2026 4,865,000.00 4,865,000.00 05/15/2026 Coupon 02582JKH2 3,070,000.00 AMXCA 2024-1 A 5.23 04/16/2029 13,380.08 13,380.08 05/15/2026 Coupon 02582JKP4 3,380,000.00 AMXCA 2025-2 A 4.28 04/15/2030 12,055.33 12,055.33 05/15/2026 Coupon 05522RDH8 2,000,000.00 BACCT 2023-2 A 4.98 11/16/2026 8,300.00 8,300.00 05/15/2026 Coupon 05522RDJ4 2,095,000.00 BACCT 2024-1 A 4.93 05/15/2029 8,606.96 8,606.96 05/15/2026 Coupon 161571HT4 3,645,000.00 CHAIT 2023-1 A 5.16 09/15/2028 15,673.50 15,673.50 05/15/2026 Coupon 26442CAX2 3,280,000.00 DUKE ENERGY CAROLINAS LLC 3.95 11/15/2028 64,780.00 64,780.00
05/15/2026 Coupon 437918AC9 3,435,000.00 HAROT 2024-1 A3 5.21 08/15/2028 9,428.93 9,428.93 05/15/2026 Principal Paydown 437918AC9 3,435,000.00 HAROT 2024-1 A3 5.21 08/15/2028 170,749.61 170,749.61 05/15/2026 Coupon 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 6,755.28 6,755.28 05/15/2026 Principal Paydown 448973AD9 2,000,000.00 HART 2024-A A3 4.99 02/15/2029 105,774.02 105,774.02 05/15/2026 Coupon 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 2,839.56 2,839.56 05/15/2026 Principal Paydown 44934FAD7 1,615,000.00 HALST 2024-B A3 5.41 05/17/2027 210,831.25 210,831.25 05/15/2026 Coupon 44935CAD3 2,625,000.00 HART 2025-A A3 4.32 10/15/2029 9,450.00 9,450.00 05/15/2026 Coupon 44935WAD9 2,090,000.00 HALST 2025-A A3 4.83 01/18/2028 8,412.25 8,412.25 05/15/2026 Coupon 47786WAD2 2,100,000.00 JDOT 2024-B A3 5.2 03/15/2029 8,401.65 8,401.65 05/15/2026 Principal Paydown 47786WAD2 2,100,000.00 JDOT 2024-B A3 5.2 03/15/2029 132,015.25 132,015.25 05/15/2026 Coupon 47800CAC0 1,329,462.92 JDOT 2023 A3 5.01 11/15/2027 1,778.76 1,778.76 05/15/2026 Principal Paydown 47800CAC0 1,329,462.92 JDOT 2023 A3 5.01 11/15/2027 69,486.32 69,486.32 05/15/2026 Coupon 47800DAD6 2,080,000.00 JDOT 2025 A3 4.23 09/17/2029 7,332.00 7,332.00 05/15/2026 Coupon 58770JAD6 1,085,000.00 MBALT 2024-A A3 5.32 01/18/2028 3,533.93 3,533.93 05/15/2026 Principal Paydown 58770JAD6 1,085,000.00 MBALT 2024-A A3 5.32 01/18/2028 79,229.76 79,229.76 05/15/2026 Coupon 91324PEC2 805,000.00 UNITEDHEALTH GROUP INC 1.15 05/15/2026 4,628.75 4,628.75 05/15/2026 Final Maturity 91324PEC2 805,000.00 UNITEDHEALTH GROUP INC 1.15 05/15/2026 805,000.00 805,000.00 05/15/2026 Coupon 91324PEG3 1,365,000.00 UNITEDHEALTH GROUP INC 3.7 05/15/2027 25,252.50 25,252.50 05/15/2026 Coupon 92970QAE5 2,330,000.00 WFCIT 2024-2 A 4.29 10/15/2029 8,329.75 8,329.75 05/18/2026 Coupon 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 5,407.46 5,407.46 05/18/2026 Principal Paydown 36268GAD7 1,985,000.00 GMCAR 2024-1 A3 4.85 12/18/2028 94,229.74 94,229.74 Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 59

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 05/18/2026 Coupon 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 4,764.14 4,764.14 05/18/2026 Principal Paydown 437930AC4 1,415,000.00 HAROT 2024-2 A3 5.27 11/20/2028 74,321.63 74,321.63 05/18/2026 Coupon 58933YBH7 1,975,000.00 MERCK & CO INC 4.05 05/17/2028 39,993.75 39,993.75 05/20/2026 Coupon 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 2,276.35 2,276.35 05/20/2026 Principal Paydown 36269WAD1 1,495,000.00 GMALT 2024-2 A3 5.39 07/20/2027 170,979.57 170,979.57 05/25/2026 Coupon 05611UAD5 1,800,000.00 BMWLT 2024-1 A3 4.98 03/25/2027 852.04 852.04 05/25/2026 Principal Paydown 05611UAD5 1,800,000.00 BMWLT 2024-1 A3 4.98 03/25/2027 183,506.28 183,506.28 05/25/2026 Coupon 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 6,555.47 6,555.47 05/25/2026 Principal Paydown 096919AD7 1,855,000.00 BMWOT 2024-A A3 5.18 02/26/2029 94,628.27 94,628.27 05/25/2026 Coupon 3137BSP72 1,500,000.00 FHMS K-058 A2 2.653 08/25/2026 3,316.25 3,316.25 05/25/2026 Coupon 3137BSRE5 3,000,000.00 FHMS K-059 A2 3.12 09/25/2026 6,772.44 6,772.44 05/25/2026 Principal Paydown 3137BSRE5 3,000,000.00 FHMS K-059 A2 3.12 09/25/2026 5,692.90 5,692.90 05/25/2026 Coupon 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 8,923.59 8,923.59 05/25/2026 Principal Paydown 3137F4D41 3,000,000.00 FHMS K-074 A2 3.6 01/25/2028 5,743.90 5,743.90 05/25/2026 Coupon 3137FETN0 6,000,000.00 FHMS K-073 A2 3.35 01/25/2028 16,750.00 16,750.00 05/25/2026 Coupon 3137FG6X8 5,320,000.00 FHMS K-077 A2 3.85 05/25/2028 17,068.33 17,068.33 05/25/2026 Coupon 3137FGR31 1,997,000.00 FHMS K-078 A2 3.854 06/25/2028 6,413.70 6,413.70 05/25/2026 Coupon 3137FJEH8 3,148,000.00 FHMS K-081 A2 3.9 08/25/2028 10,231.00 10,231.00 05/25/2026 Coupon 3137FJKE8 2,500,000.00 FHMS K-082 A2 3.92 09/25/2028 8,166.67 8,166.67 05/25/2026 Coupon 3137FLMV3 4,950,000.00 FHMS K-090 A2 3.422 02/25/2029 14,115.75 14,115.75 05/25/2026 Coupon 3137FLYV0 3,000,000.00 FHMS K-092 A2 3.298 04/25/2029 8,245.00 8,245.00 05/25/2026 Coupon 3137H4BY5 5,000,000.00 FHMS K-746 A2 2.031 09/25/2028 8,462.50 8,462.50 05/25/2026 Coupon 3137H5YC5 8,000,000.00 FHMS K-748 A2 2.26 01/25/2029 15,066.67 15,066.67 05/28/2026 Coupon 74153WCW7 3,250,000.00 PRICOA GLOBAL FUNDING I 4.7 05/28/2030 76,375.00 76,375.00 May 2026 Total 7,067,188.49 677,795.34 7,744,983.83
Grand Total 1,807,038,370.33 53,702,716.34 12,759,064.29 66,461,780.63 Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/09/2025 02:06:28 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 60

IMPORTANT DISCLOSURES
City of Corona Cons Account | Account #10003 | As of June 30, 2025 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 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.

Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 * Grouped by: Security Type. * Groups Sorted by: Security Type. * Weighted by: Market Value. * Holdings Displayed by: Position by Account.

Security Type Original Units Market Value Book Value % of Market Value Years to Final Maturity Days to Final Maturity Yield to MaturityABS 50,495,000.00 44,237,526.26 43,835,425.57 9.46% 3.32 1214 4.25Agency 25,380,000.00 25,238,270.18 25,296,795.25 5.40% 0.92 336 4.23Agency CMBS 47,415,000.00 46,186,671.28 45,002,979.99 9.87% 3.00 1094 4.04Cash 330,957.74 330,957.74 330,957.74 0.07% 0.00 0 0.00 Corporate 109,262,000.00 109,598,248.93 108,046,367.34 23.43% 3.26 1189 4.26 LAIF 52,801,691.86 52,801,691.86 52,801,691.86 11.29% 0.00 0 --- Money Market Fund 1,994,988.89 1,994,988.89 1,994,988.89 0.43% 0.00 0 4.00 Municipal Bonds 4,395,000.00 4,472,989.28 4,418,161.65 0.96% 4.09 1493 4.02Supranational 21,690,000.00 21,514,470.22 21,544,534.65 4.60% 2.23 814 4.08US Treasury 160,620,000.00 161,370,001.31 159,825,727.40 34.50% 3.29 1202 3.76 --- 474,384,638.49 467,745,815.94 463,097,630.34 100.00% 2.70 986 4.02 Corona Supplemental City of Corona ConsAgg (362432)As of 06/30/2025 Dated: 07/10/2025 1 Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1

MONTHLY ACCOUNT STATEMENT
City of Corona Pension Stabilization Trust | Account #10952 | As of June 30, 2025 CHANDLER ASSET MANAGEMENT | chandlerasset.com
Information contained herein is . 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:

Charles Schwab Inc.

Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/01/2025 04:55:35 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 2

PORTFOLIO SUMMARY
Performance Review
Total Rate of Return** 1M 3M YTD 1YR 2YRS 3YRS 5YRS 10YRS Since Inception (08/01/22)
Corona Pension Trust 3.58% 7.25% 4.93% 11.86% 12.69% -- -- -- 11.71% Benchmark Return 2.88% 6.43% 7.45% 11.53% 11.45% -- -- -- 9.12% **Periods over 1 year are annualized.

Benchmark: 35% S&P 500 TR, 50% ICE Corp Gov & Mtg Index, 15% MSCI EAFE NR Secondary Benchmark:

Account Summary
End Values as of
05/31/2025
End Values as of
06/30/2025
Market Value 52,993,478.73 54,892,853.17
Accrued Interest 0.00 0.00
Total Market Value 52,993,478.73 54,892,853.17
Income Earned 33,225.62 199,336.38
Cont/WD 0.00 0.00
Par 620,079.03 722,284.62
Book Value 43,722,365.86 44,008,808.25
Cost Value 43,722,365.86 44,008,808.25

TOP ISSUERS
iShares Trust - iShares Core S&P 500 31.31%
Vanguard Bond Index Funds - Vanguard 16.10%
iShares Trust - iShares Core S&P Mid 14.86%
Vanguard Index Funds - Vanguard Smal 12.52%
Vanguard Tax-Managed Funds - Vanguar 11.01%
Vanguard Specialized Funds - Vanguar 7.72%
Total 93.53%
Asset Allocation
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/01/2025 04:55:35 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 3

STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes

CASH EQUIVALENTS
Max % (MV; Cash & Fixed Income) 30.0 18.4 Compliant
Min % (MV; Cash & Fixed Income) 10.0 18.4 Compliant

COMMODITIES
Max % (MV) 5.0 0.0 Compliant
Min % (MV) 0.0 0.0 Compliant

EQUITIES
Max % (MV) 80.0 71.7 Compliant
Min % (MV) 50.0 71.7 Compliant

FIXED INCOME
Max % (MV; Cash & Fixed Income) 30.0 18.4 Compliant
Min % (MV; Cash & Fixed Income) 10.0 18.4 Compliant
Min Rating (BBB- by 1) 0.0 0.0 Compliant
REITS
Max % (MV) 15.0 9.9 Compliant
Min % (MV) 0.0 9.9 Compliant
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/01/2025 04:55:35 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 4

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
CASH
CCYUSD Cash 178,798.42 --

0.00%
178,798.42
178,798.42

1.00 0.00%
178,798.42

0.00 0.33%

0.00 Aaa/AAA
AAA

0.00 0.00
CCYUSD Receivable 22,846.20 -- 22,846.20
22,846.20

1.00 0.00%
22,846.20

0.00 0.04%

0.00 Aaa/AAA
AAA

0.00 0.00
Total Cash 201,644.62 0.00%
201,644.62
201,644.62

1.00 0.00%
201,644.62

0.00 0.37%

0.00 0.00

0.00 EMERGING

MARKET EQUITY
922042858 VANGUARD EM ST I ETF 22,450.00 --

0.00%
884,907.12
884,907.12

49.46 0.00%
1,110,377.00

0.00 2.02%
225,469.89
NA/NA
NA 0.00
Total Emerging
Market Equity 22,450.00 0.00%
884,907.12
884,907.12

49.46 0.00%
1,110,377.00

0.00 2.02%
225,469.89 0.00

INTERNATIONAL
EQUITY
921943858 VANGUARD DEV MKT ETF 106,000.00 --

0.00%
4,674,312.12
4,674,312.12

57.01 0.00%
6,043,060.00

0.00 11.01%
1,368,747.88
NA/NA
NA 0.00
Total International
Equity 106,000.00 0.00%
4,674,312.12
4,674,312.12

57.01 0.00%
6,043,060.00

0.00 11.01%
1,368,747.88 0.00

INTERNATIONAL

REAL ESTATE
922042676 VANGUARD GXUS RE ETF 25,315.00 --

0.00%
1,043,765.11
1,043,765.11

46.15 0.00%
1,168,287.25

0.00 2.13%
124,522.14
NA/NA
NA 0.00
Total International
Real Estate 25,315.00 0.00%
1,043,765.11
1,043,765.11

46.15 0.00%
1,168,287.25

0.00 2.13%
124,522.14 0.00

LARGE CAP US
EQUITY
464287200 ISHARES:CORE S&P 500 27,685.00 --

0.00%
11,327,322.90
11,327,322.90
620.90

0.00%
17,189,616.50

0.00 31.31%
5,862,293.60
NA/NA
NA 0.00
Total Large Cap US
Equity 27,685.00 0.00%
11,327,322.90
11,327,322.90
620.90

0.00%
17,189,616.50

0.00 31.31%
5,862,293.60 0.00
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/01/2025 04:55:35 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 5

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

MID CAP US
EQUITY
464287507 ISHARES:CORE S&P MD-CP 131,550.00 --

0.00%
6,422,098.29
6,422,098.29

62.02 0.00%
8,158,731.00

0.00 14.86%
1,736,632.71
NA/NA
NA 0.00
Total Mid Cap US
Equity 131,550.00 0.00%
6,422,098.29
6,422,098.29

62.02 0.00%
8,158,731.00

0.00 14.86%
1,736,632.71 0.00

REAL ESTATE
922908553 VANGUARD RE IDX ETF 47,600.00 --

0.00%
4,143,783.55
4,143,783.55

89.06 0.00%
4,239,256.00

0.00 7.72%
95,472.45
NA/NA
NA 0.00
Total Real Estate 47,600.00 0.00%
4,143,783.55
4,143,783.55

89.06 0.00%
4,239,256.00

0.00 7.72%
95,472.45 0.00

SMALL CAP US
EQUITY
922908751 VANGUARD S-C ID ETF 29,000.00 --

0.00%
5,553,009.32
5,553,009.32
236.98

0.00%
6,872,420.00

0.00 12.52%
1,319,410.69
NA/NA
NA 0.00
Total Small Cap US
Equity 29,000.00 0.00%
5,553,009.32
5,553,009.32
236.98

0.00%
6,872,420.00

0.00 12.52%
1,319,410.69 0.00

US CORE BONDS
921937835 VANGUARD TOT BD ETF 120,000.00 --

0.00%
8,735,589.28
8,735,589.28

73.63 0.00%
8,835,600.00

0.00 16.10%
100,010.72
NA/NA
NA 0.00
Total US Core
Bonds 120,000.00 0.00%
8,735,589.28
8,735,589.28

73.63 0.00%
8,835,600.00

0.00 16.10%
100,010.72 0.00

US HIGH YIELD
BONDS
78468R622 SPDR BBG HIGH YIELD BD 11,040.00 --

0.00%
1,022,375.95
1,022,375.95

97.27 0.00%
1,073,860.80

0.00 1.96%
51,484.85
NA/NA
NA 0.00
Total US High Yield
Bonds 11,040.00 0.00%
1,022,375.95
1,022,375.95

97.27 0.00%
1,073,860.80

0.00 1.96%
51,484.85 0.00
Total Portfolio 722,284.62 0.00%
44,008,808.25
44,008,808.25
262.22

0.00%
54,892,853.17

0.00 100.00%
10,884,044.92

0.00 0.00
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/01/2025 04:55:35 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 6

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 Market Value
+ Accrued 54,892,853.17
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/01/2025 04:55:35 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 7

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

ACQUISITIONS
Purchase 06/27/2025 921943858 7,250.00 VANGUARD DEV MKT ETF 56.266 0.00% (407,930.68) 0.00 (407,930.68) 0.00 Total Purchase 7,250.00 (407,930.68) 0.00 (407,930.68) 0.00 TOTAL
ACQUISITIONS 7,250.00 (407,930.68) 0.00 (407,930.68) 0.00

DISPOSITIONS
Sale 06/27/2025 922908751 (1,200.00) VANGUARD S-C ID ETF 234.915 0.00% 281,897.80 0.00 281,897.80 64,253.92 Total Sale (1,200.00) 281,897.80 0.00 281,897.80 64,253.92 TOTAL
DISPOSITIONS (1,200.00) 281,897.80 0.00 281,897.80 64,253.92 OTHER

TRANSACTIONS
Equity Dividend 06/04/2025 921937835 0.00 VANGUARD TOT BD ETF 0.00% 28,837.80 0.00 28,837.80 0.00 Equity Dividend 06/05/2025 78468R622 0.00 SPDR BBG HIGH YIELD BD 0.00% 5,914.77 0.00 5,914.77 0.00 Equity Dividend 06/20/2025 464287200 0.00 ISHARES:CORE S&P 500 0.00% 51,686.98 0.00 51,686.98 0.00 Equity Dividend 06/20/2025 464287507 0.00 ISHARES:CORE S&P MD-CP 0.00% 24,961.09 0.00 24,961.09 0.00
Equity Dividend 06/24/2025 922042858 0.00 VANGUARD EM ST I ETF 0.00% 3,109.33 0.00 3,109.33 0.00 Equity Dividend 06/24/2025 921943858 0.00 VANGUARD DEV MKT ETF 0.00% 43,519.13 0.00 43,519.13 0.00 Equity Dividend 06/30/2025 922908553 0.00 VANGUARD RE IDX ETF 0.00% 41,307.28 0.00 41,307.28 0.00 Total Equity
Dividend 0.00 199,336.38 0.00 199,336.38 0.00
Other Income 06/15/2025 CCYUSD 5.89 Cash 0.00% 5.89 0.00 5.89 0.00 Total Other
Income 5.89 5.89 0.00 5.89 0.00

TOTAL OTHER
TRANSACTIONS 5.89 199,342.27 0.00 199,342.27 0.00
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/01/2025 04:55:35 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 8

CASH & EQUIVALENTS
CCYUSD Cash
178,798.42
105,489.03

0.00 0.00
178,798.42

0.00 0.00

0.00 CCYUSD Receivable
22,846.20

0.00 0.00

0.00 22,846.20

0.00 0.00

0.00 Total Cash & Equivalents 201,644.62
105,489.03

0.00 0.00
201,644.62

0.00 0.00

0.00 0.00 0.00
EQUITY
464287200 ISHARES:CORE S&P 500
27,685.00
11,327,322.90

0.00 0.00
11,327,322.90

0.00 51,686.98

0.00 0.00

0.00 51,686.98
51,686.98
464287507 ISHARES:CORE S&P MD-CP
131,550.00
6,422,098.29

0.00 0.00
6,422,098.29

0.00 24,961.09

0.00 0.00

0.00 24,961.09
24,961.09
78468R622 SPDR BBG HIGH YIELD BD
11,040.00
1,022,375.95

0.00 0.00
1,022,375.95

0.00 5,914.77

0.00 0.00

0.00 5,914.77
5,914.77
921937835 VANGUARD TOT BD ETF
120,000.00
8,735,589.28

0.00 0.00
8,735,589.28

0.00 28,837.80

0.00 0.00

0.00 28,837.80
28,837.80
921943858 VANGUARD DEV MKT ETF
106,000.00
4,266,381.44
407,930.68

0.00 4,674,312.12

0.00 43,519.13

0.00 0.00

0.00 43,519.13
43,519.13
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/01/2025 04:55:35 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 9

0.00 0.00
1,043,765.11

0.00 0.00

0.00 922042858 VANGUARD EM ST I ETF
22,450.00
884,907.12

0.00 0.00
884,907.12

0.00 3,109.33

0.00 0.00

0.00 3,109.33
3,109.33
922908553 VANGUARD RE IDX ETF
47,600.00
4,143,783.55

0.00 0.00
4,143,783.55

0.00 41,307.28

0.00 0.00

0.00 41,307.28
41,307.28
922908751 VANGUARD S-C ID ETF
29,000.00
5,770,653.20

0.00 (217,643.88)
5,553,009.32

0.00 0.00

0.00 Total Equity 520,640.00
43,616,876.83
407,930.68
(217,643.88)
43,807,163.63

0.00 199,336.38

0.00 0.00

0.00 199,336.38 199,336.38
TOTAL PORTFOLIO 722,284.62
43,722,365.86
407,930.68
(217,643.88)
44,008,808.25

0.00 199,336.38

0.00 0.00

0.00 199,336.38 199,336.38
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/01/2025 04:55:35 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 10

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount JUNE 2025
06/30/2025 Equity Dividend 922908553 0.00 VANGUARD RE IDX ETF 41,307.28 41,307.28 June 2025 Total 41,307.28 41,307.28
JULY 2025
07/02/2025 Equity Dividend 922908751 29,000.00 VANGUARD S-C ID ETF 22,846.20 22,846.20 July 2025 Total 22,846.20 22,846.20
Grand Total 29,000.00 64,153.48 64,153.48
Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/01/2025 04:55:35 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 11

IMPORTANT DISCLOSURES
City of Corona Pension Stabilization Trust | Account #10952 | As of June 30, 2025 Chandler Asset Management, Inc. (“Chandler”) is an SEC registered investment adviser. For additional information about our firm, please see our current disclosures (Form ADV).

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

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.

Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1 Execution Time: 07/01/2025 04:55:35 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747 | 12

BENCHMARK INDEX & DISCLOSURES
Benchmark Disclosure
35% S&P 500 TR, 50% ICE Corp Gov &
Mtg Index, 15% MSCI EAFE TR
The S&P 500 is a market value weighted index of 500 large-capitalization stocks. The 500 companies included in the index capture approximately 80% of available US market capitalization.

The MSCI EAFE International Equity Index is a market capitalization weighted index that captures international equity performance of large- and mid-cap stocks in the developed stock markets of Europe, Australasia, and the Far East.

The ICE BofA US Corporate, Government & Mortgage Index tracks the performance of US dollar denominated investment grade debt publicly issued in the US domestic market, including US Treasuries, quasi-governments, corporates, covered bonds and residential mortgage pass-throughs. Non-residential mortgage collateralized debt such as commercial mortgage backed securities and asset backed securities are excluded from this index, as are all collateralized mortgage obligations. Most qualifying securities must have an investment grade rating (based on an average of Moody’s, S&P and Fitch). They must also have at least one year remaining term to final maturity, at least 18 months to final maturity at point of issuance and a fixed coupon schedule. Amounts outstanding for qualifying US Treasuries must be at least $1 billion; US agencies, foreign governments, supranationals, corporates and covered bonds must have at least $250 million outstanding. Qualifying residential mortgage pass-through securities include fixed rate securities publicly issued by US agencies. 30-year, 20-year and 15-year fixed rate mortgage pools must have at least one year remaining term to final maturity and a minimum amount outstanding of at least $5 billion per generic coupon and $250 million per production year within each generic coupon.

Docusign Envelope ID: A57E421A-C7FC-4B0C-BED6-B9A06B727AE1

Corona City CouncilAugust 20, 2025

Corona City Council
August 20, 2025