01/01/2022 to 03/31/2022
City of Fullerton
Investment Report
John Grady | Managing Director
Direct: (407) 588-0525
Mobile: (407) 701-8002
[email protected]
Mark Creger | Director, Portfolio Management
Direct: (213) 545-7452
Mobile: (323) 573-9529
[email protected]
T om Tight | Managing Director
Direct: (407) 588-9391
Mobile: (407) 765-0761
[email protected]
Manuel N. San Luis | Vice President, Portfolio Manage-
ment
Direct: (213) 545-8605
Mobile: (213) 509-3758
[email protected]
Relationship Managers Portfolio Manager
Relationship Management T eam
T able of Contents
Executive Summary
• Portfolio Overview 3
• Performance 4
• Performance 5
• Maturity Distribution 6
• Rating Distribution 7
• Security Distribution – Market Value 8
• Security Distribution – Historical Cost 9
Supporting Reports
• Portfolio Holdings 10
• Transactions 15
• Income 17
• GASB 40 21
• Portfolio Activity Summary 27
Disclaimers
Public Trust Advisors
3 01/01/2022 to 03/31/2022
City of Fullerton
Portfolio Overview
12/31/21 03/31/22
Duration 1.818 1.792
Years to Effective Maturity 1.833 1.828
Years to Final Maturity 1.840 1.832
Coupon Rate 0.552 0.645
Book Yield 0.526 0.674
Market Yield 0.698 2.176
Benchmark Yield 0.707 2.231
Portfolio Summary
Asset Allocation
Portfolio Characteristics
Summary 12/31/21 03/31/22
Historical Cost $76,896,585.91 $76,786,777.90
Book Value 76,874,992.56 76,790,841.75
Accrued Interest 65,937.82 106,115.36
Net Pending Transactions 1.83 1.89
Book Value Plus Accrued $76,940,932.20 $76,896,959.00
Net Unrealized Gain/Loss (428,927.19) (2,128,687.36)
Market Value Plus Accrued $76,512,005.01 $74,768,271.64 Period Income Income
Interest Income $106,254.99
Net Amortization/Accretion Income 5,875.17
Net Realized Gain/Loss (154,678.69)
Other Income/Expenses (0.01)
Net Income ($42,548.54)
Income Summary
Detail may not add to total due to rounding.
Executive Summary
Public Trust Advisors
4 01/01/2022 to 03/31/2022
City of Fullerton
Performance
T otal Return vs Benchmark
Period Period Begin Period End Benchmark T otal Return T otal Return Income Return Price Return Trailing Month 03/01/2022 03/31/2022 -1.325% -1.253% 0.055% -1.308% Quarter to Date 01/01/2022 03/31/2022 -2.340% -2.277% 0.147% -2.424% Fiscal Year to Date 07/01/2021 03/31/2022 -2.796% -2.703% 0.423% -3.126% Year to Date 01/01/2022 03/31/2022 -2.340% -2.277% 0.147% -2.424% Trailing Year 04/01/2021 03/31/2022 -2.817% -2.729% 0.591% -3.320% Trailing 3 Years 04/01/2019 03/31/2022 0.912% 1.022% 1.418% -0.408% Trailing 5 Years 04/01/2017 03/31/2022 1.129% 1.246% 1.522% -0.294% Since Inception 01/01/2015 03/31/2022 1.030% 1.236% 1.401% -0.181% Account Index Index Start Date Index End Date
Fullerton, City of Primary: ICE BofA 1-3 Year AAA-AA US Corporate & Government Index 2003-03-24 -- Fullerton, City of Secondary: ICE BofA 3-Month US Treasury Bill Index -- --
Public Trust Advisors
5 01/01/2022 to 03/31/2022
City of Fullerton
Performance
T otal Return vs Benchmark
Period Period Begin Period End Benchmark T otal Return Secondary T otal Return T otal Return Income Return Price Return Trailing Month 03/01/2022 03/31/2022 -1.325% 0.031% -1.253% 0.055% -1.308% Quarter to Date 01/01/2022 03/31/2022 -2.340% 0.039% -2.277% 0.147% -2.424% Fiscal Year to Date 07/01/2021 03/31/2022 -2.796% 0.063% -2.703% 0.423% -3.126% Trailing Year 04/01/2021 03/31/2022 -2.817% 0.063% -2.729% 0.591% -3.320% Trailing 3 Years 04/01/2019 03/31/2022 0.912% 0.806% 1.022% 1.418% -0.408% Trailing 5 Years 04/01/2017 03/31/2022 1.129% 1.129% 1.246% 1.522% -0.294% Since Inception 01/01/2015 03/31/2022 1.030% 0.844% 1.236% 1.401% -0.181% Account Index Index Start Date Index End Date
Fullerton, City of Primary: ICE BofA 1-3 Year AAA-AA US Corporate & Government Index 2003-03-24 -- Fullerton, City of Secondary: ICE BofA 3-Month US Treasury Bill Index -- --
Public Trust Advisors
6 01/01/2022 to 03/31/2022
City of Fullerton
Maturity Distribution by Security Type
Portfolio Overview
Issuer Value
United States 63.90%
Federal Home Loan Mortgage Corporation 17.38%
Farm Credit System 5.06%
Caterpillar Inc. 2.53%
Toyota Motor Corporation 2.43%
Federal National Mortgage Association 2.21%
PACCAR Inc 1.76%
Amazon.com, Inc. 1.33%
State of Oregon 0.79%
PepsiCo, Inc. 0.73%
T op T en Holdings Maturity Distribution by Type
Security
Distribution 0-3 Months 3-6 Months 6-9 Months 9-12 Months 1-2 Y ears 2-3 Y ears 3-4 Y ears 4-5 Y ears 5+ Y ears Portfolio T otal CASH $1.89 -- -- -- -- -- -- -- -- $1.89
CD 245,560.06 245,560.06
CORP 1,771,656.99 5,303,777.67 414,765.26 7,490,199.91
FED INST (GSE) 180,010.39 1,454,257.65 1,506,837.89 15,294,672.75 18,435,778.69 MMFUND 232,036.30 232,036.30
MUNI 589,341.05 589,341.05
US GOV 22,571,242.04 25,204,111.69 47,775,353.74
TOTAL $657,608.64 $1,454,257.65 $1,506,837.89 -- $40,226,912.84 $30,507,889.36 $414,765.26 -- -- $74,768,271.64 • Maturity Distribution
Public Trust Advisors
7 01/01/2022 to 03/31/2022
City of Fullerton
Portfolio Overview
S&P Rating Distribution Moody’s Rating Distribution
Allocation by Standard and Poor’s Rating Allocation by Moody’s Rating S&P Rating Distribution Mar 31, 2022
Ending Balance
Portfolio
Allocation
Short T erm Rating Distribution
A-1+ $0.00 0.00%
A-1
A-2
T otal Short T erm Ratings $0.00 0.00%
Long T erm Rating Distribution
AAA $232,038.19 0.31%
AA $68,310,515.57 91.36%
A $5,980,157.82 8.00%
Below A
Not Rated $245,560.06 0.33%
T otal Long T erm Ratings $74,768,271.64 100.00%
Portfolio T otal $74,768,271.64 100.00%
Moody's Rating Distribution Mar 31, 2022
Ending Balance
Portfolio
Allocation
Short T erm Rating Distribution
P-1 $0.00 0.00%
P-2
T otal Short T erm Ratings $0.00 0.00%
Long T erm Rating Distribution
Aaa $66,958,213.91 89.55%
Aa $589,341.05 0.79%
A $6,560,391.36 8.77%
Below A
Not Rated $660,325.32 0.88%
T otal Long T erm Ratings $74,768,271.64 100.00%
Portfolio T otal $74,768,271.64 100.00%
• Rating Distribution
Public Trust Advisors
8 01/01/2022 to 03/31/2022
City of Fullerton
Market Value Basis Security Distribution
Asset Balance by Security Type
Security Distribution Dec 31, 2021
Ending Balance
Dec 31, 2021
Portfolio Allocation
Mar 31, 2022
Ending Balance
Mar 31, 2022
Portfolio Allocation
Change in
Allocation Book Yield
Cash $1.83 0.00% $1.89 0.00% 0.00% 0.00%
U.S. Treasury Notes $46,413,413.25 60.66% $47,775,353.74 63.90% 3.24% 0.64% Federal Instrumentality (GSE) 19,996,594.32 26.14% 18,435,778.69 24.66% (1.48%) 0.71% Money Market Funds $435,192.23 0.57% $232,036.30 0.31% (0.26%) 0.01% Corporate Notes 8,575,938.70 11.21% 7,490,199.91 10.02% (1.19%) 0.78% CD 494,917.64 0.65% 245,560.06 0.33% (0.32%) 2.60%
Municipal Bonds 595,947.04 0.78% 589,341.05 0.79% 0.01% 0.66% Portfolio T otal $76,512,005.01 100.00% $74,768,271.64 100.00% 0.67% Portfolio Overview
• Security Distribution – Market Value
Public Trust Advisors
9 01/01/2022 to 03/31/2022
City of Fullerton
Historic Cost Basis Security Distribution
Asset Balance by Security Type
Portfolio Overview
Security Distribution Dec 31, 2021
Ending Balance
Dec 31, 2021
Portfolio Allocation
Mar 31, 2022
Ending Balance
Mar 31, 2022
Portfolio Allocation
Change in
Allocation Book Yield
Cash $1.83 0.00% $1.89 0.00% 0.00% 0.00%
U.S. Treasury Notes $46,752,399.03 60.80% $49,219,567.20 64.10% 3.30% 0.64% Federal Instrumentality (GSE) 19,991,901.00 26.00% 18,737,230.70 24.40% (1.60%) 0.71% Money Market Funds $435,192.23 0.57% $232,036.30 0.30% (0.26%) 0.01% Corporate Notes 8,630,093.65 11.22% 7,757,943.70 10.10% (1.12%) 0.78% CD 492,000.00 0.64% 245,000.00 0.32% (0.32%) 2.60%
Municipal Bonds 595,000.00 0.77% 595,000.00 0.77% 0.00% 0.66% Portfolio T otal $76,896,587.74 100.00% $76,786,779.79 100.00% 0.67% • Security Distribution – Historical Cost
Public Trust Advisors
21 01/01/2022 to 03/31/2022
City of Fullerton
GASB 40
Issuer
Identifier
Security Type
% of Market Value
Book Yield
Market Yield
Duration S&P
Moody's
Effective Maturity
Final Maturity
Current Units Accrued Book Value
Book Value + Accrued
Market Value
Market Value + Accrued
Amazon.com, Inc.
Amazon.com, Inc.
023135BW5
CORP
1.33%
0.50%
2.19% 2.08 AA
A1
05/12/24
05/12/24 1,030,000.00 $1,789.62 $1,028,938.41
$1,030,728.03
$993,209.17
$994,998.80
Amazon.com, Inc.
1.33%
0.50%
2.19% 2.08 AA
A1 1,030,000.00 $1,789.62 $1,028,938.41
$1,030,728.03
$993,209.17
$994,998.80
Apple Inc.
Apple Inc.
037833DV9
CORP
0.69%
0.84%
1.89% 1.10 AA+
Aaa
05/11/23
05/11/23 520,000.00 $1,516.67 $519,472.36
$520,989.03
$513,526.63
$515,043.30
Apple Inc.
0.69%
0.84%
1.89% 1.10 AA+
Aaa 520,000.00 $1,516.67 $519,472.36
$520,989.03
$513,526.63
$515,043.30
Caterpillar Financial Services
Corporation
Caterpillar Financial Services
Corporation
14913R2S5
CORP
0.95%
0.96%
2.41% 1.74 A
A2
01/10/24
01/10/24 730,000.00 $1,560.38 $729,896.17
$731,456.55
$711,609.54
$713,169.92
Caterpillar Financial Services
Corporation
14913R2P1
CORP
1.58%
0.65%
2.56% 2.40 A
A2
09/13/24
09/13/24 1,235,000.00 370.50 1,233,625.56
1,233,996.06
1,178,009.26
1,178,379.76
Caterpillar Financial Services
Corporation 2.53%
0.76%
2.50% 2.15 A
A2 1,965,000.00 $1,930.88 $1,963,521.73
$1,965,452.61
$1,889,618.80
$1,891,549.67
Comenity Capital Bank
Comenity Capital Bank
20033AT89
CD
0.33%
2.60%
0.42% 0.05 NA
NA
04/18/22
04/18/22 245,000.00 $296.68 $245,000.00
$245,296.68
$245,263.38
$245,560.06
Comenity Capital Bank
0.33%
2.60%
0.42% 0.05 NA
NA 245,000.00 $296.68 $245,000.00
$245,296.68
$245,263.38
$245,560.06
Federal Farm Credit Banks
Funding Corporation
Federal Farm Credit Banks
Funding Corporation
3133ELG81
GSE
3.09%
0.41%
1.94% 1.17 AA+
Aaa
06/08/23
06/08/23 2,350,000.00 $2,212.92 $2,346,955.54
$2,349,168.46
$2,305,019.28
$2,307,232.20
Federal Farm Credit Banks
Funding Corporation
3133EMRZ7
GSE
1.98%
0.26%
2.12% 1.88 AA+
Aaa
02/26/24
02/26/24 1,530,000.00 371.88 1,529,649.55
1,530,021.43
1,476,871.87
1,477,243.74
Public Trust Advisors
22 01/01/2022 to 03/31/2022
City of Fullerton
GASB 40
Issuer
Identifier
Security Type
% of Market Value
Book Yield
Market Yield
Duration S&P
Moody's
Effective Maturity
Final Maturity
Current Units Accrued Book Value
Book Value + Accrued
Market Value
Market Value + Accrued
Federal Farm Credit Banks
Funding Corporation 5.06%
0.35%
2.01% 1.45 AA+
Aaa 3,880,000.00 $2,584.79 $3,876,605.09
$3,879,189.88
$3,781,891.15
$3,784,475.94
Federal Home Loan Mortgage
Corporation
Federal Home Loan Mortgage
Corporation
3137ATRW4
GSE MBS
0.24%
2.48%
1.05% 0.07 AA+
Aaa
04/01/22
05/25/22 179,785.24 $355.53 $179,785.24
$180,140.77
$179,654.86
$180,010.39
Federal Home Loan Mortgage
Corporation
3137AXHP1
GSE MBS
1.95%
2.56%
1.35% 0.38 AA+
Aaa
08/23/22
09/25/22 1,446,855.30 3,102.30 1,444,514.44
1,447,616.74
1,451,155.35
1,454,257.65
Federal Home Loan Mortgage
Corporation
3137B1BS0
GSE MBS
2.02%
2.45%
1.51% 0.54 AA+
Aaa
10/15/22
11/25/22 1,498,224.94 3,133.79 1,496,291.59
1,499,425.37
1,503,704.10
1,506,837.89
Federal Home Loan Mortgage
Corporation
3137EAEQ8
GSE
3.01%
0.46%
1.77% 1.04 AA+
Aaa
04/20/23
04/20/23 2,280,000.00 3,823.75 2,277,991.99
2,281,815.74
2,246,911.09
2,250,734.84
Federal Home Loan Mortgage
Corporation
3137EAER6
GSE
3.01%
0.39%
1.85% 1.08 AA+
Aaa
05/05/23
05/05/23 2,285,000.00 3,475.10 2,284,649.66
2,288,124.77
2,248,680.68
2,252,155.78
Federal Home Loan Mortgage
Corporation
3137EAES4
GSE
2.75%
0.35%
1.95% 1.22 AA+
Aaa
06/26/23
06/26/23 2,095,000.00 1,382.12 2,092,471.58
2,093,853.70
2,051,653.78
2,053,035.90
Federal Home Loan Mortgage
Corporation
3137EAEV7
GSE
2.07%
0.28%
2.08% 1.38 AA+
Aaa
08/24/23
08/24/23 1,585,000.00 407.26 1,584,245.66
1,584,652.91
1,545,227.26
1,545,634.52
Federal Home Loan Mortgage
Corporation
3137EAFA2
GSE
2.35%
0.28%
2.17% 1.65 AA+
Aaa
12/04/23
12/04/23 1,810,000.00 1,470.62 1,808,997.20
1,810,467.83
1,753,013.87
1,754,484.49
Federal Home Loan Mortgage
Corporation 17.38%
0.87%
1.82% 1.05 AA+
Aaa 13,179,865.49 $17,150.47 $13,168,947.37
$13,186,097.84
$12,980,001.00
$12,997,151.47
Federal National Mortgage
Association
Federal National Mortgage
Association
3135G06H1
GSE
2.21%
0.29%
2.15% 1.63 AA+
Aaa
11/27/23
11/27/23 1,705,000.00 $1,468.19 $1,703,927.88
$1,705,396.08
$1,652,683.08
$1,654,151.28
Federal National Mortgage
Association 2.21%
0.29%
2.15% 1.63 AA+
Aaa 1,705,000.00 $1,468.19 $1,703,927.88
$1,705,396.08
$1,652,683.08
$1,654,151.28
Public Trust Advisors
23 01/01/2022 to 03/31/2022
City of Fullerton
GASB 40
Issuer
Identifier
Security Type
% of Market Value
Book Yield
Market Yield
Duration S&P
Moody's
Effective Maturity
Final Maturity
Current Units Accrued Book Value
Book Value + Accrued
Market Value
Market Value + Accrued
First American Funds, Inc. -
Government Obligations Fund
First American Funds, Inc. -
Government Obligations Fund
31846V203
MMFUND
0.31%
0.01%
0.01% 0.00 AAAm
Aaa
03/31/22
03/31/22 232,036.30 $0.00 $232,036.30
$232,036.30
$232,036.30
$232,036.30
First American Funds, Inc. -
Government Obligations Fund 0.31%
0.01%
0.01% 0.00 AAAm
Aaa 232,036.30 $0.00 $232,036.30
$232,036.30
$232,036.30
$232,036.30
PACCAR Financial Corp.
PACCAR Financial Corp.
69371RR40
CORP
0.85%
0.52%
2.46% 2.31 A+
A1
08/09/24
08/09/24 665,000.00 $480.28 $664,717.17
$665,197.45
$635,365.49
$635,845.76
PACCAR Financial Corp.
69371RR57
CORP
0.91%
0.90%
2.62% 2.54 A+
A1
11/08/24
11/08/24 705,000.00 2,520.38 704,963.25
707,483.62
674,691.01
677,211.38
PACCAR Financial Corp.
1.76%
0.72%
2.54% 2.43 A+
A1 1,370,000.00 $3,000.65 $1,369,680.42
$1,372,681.07
$1,310,056.49
$1,313,057.14
PepsiCo, Inc.
PepsiCo, Inc.
713448FB9
CORP
0.73%
0.42%
1.93% 1.50 A+
A1
10/07/23
10/07/23 555,000.00 $1,073.00 $554,839.59
$555,912.59
$542,370.78
$543,443.78
PepsiCo, Inc.
0.73%
0.42%
1.93% 1.50 A+
A1 555,000.00 $1,073.00 $554,839.59
$555,912.59
$542,370.78
$543,443.78
State of Oregon
State of Oregon
68609TUS5
MUNI
0.26%
0.66%
1.80% 1.07 AA+
Aa1
05/01/23
05/01/23 200,000.00 $545.83 $200,000.00
$200,545.83
$197,552.00
$198,097.83
State of Oregon
68609TWB0
MUNI
0.52%
0.66%
1.80% 1.07 AA+
Aa1
05/01/23
05/01/23 395,000.00 1,078.02 395,000.00
396,078.02
390,165.20
391,243.22
State of Oregon
0.79%
0.66%
1.80% 1.07 AA+
Aa1 595,000.00 $1,623.85 $595,000.00
$596,623.85
$587,717.20
$589,341.05
The Home Depot, Inc.
The Home Depot, Inc.
437076CM2
CORP
0.55%
2.76%
2.73% 2.88 A
NA
04/15/25
04/15/25 415,000.00 $93.38 $414,276.32
$414,369.70
$414,671.88
$414,765.26
The Home Depot, Inc.
0.55%
2.76%
2.73% 2.88 A
NA 415,000.00 $93.38 $414,276.32
$414,369.70
$414,671.88
$414,765.26
T oyota Motor Credit
Corporation
Public Trust Advisors
24 01/01/2022 to 03/31/2022
City of Fullerton
GASB 40
Issuer
Identifier
Security Type
% of Market Value
Book Yield
Market Yield
Duration S&P
Moody's
Effective Maturity
Final Maturity
Current Units Accrued Book Value
Book Value + Accrued
Market Value
Market Value + Accrued
Toyota Motor Credit
Corporation
89236TJN6
CORP
2.43%
0.64%
2.70% 2.40 A+
A1
09/13/24
09/13/24 1,910,000.00 $596.88 $1,909,266.10
$1,909,862.97
$1,816,745.09
$1,817,341.97
T oyota Motor Credit
Corporation 2.43%
0.64%
2.70% 2.40 A+
A1 1,910,000.00 $596.88 $1,909,266.10
$1,909,862.97
$1,816,745.09
$1,817,341.97
United States Department of
The Treasury
United States Department of
The Treasury
912828ZP8
US GOV
2.79%
0.13%
1.82% 1.11 AA+
Aaa
05/15/23
05/15/23 2,125,000.00 $1,005.27 $2,124,791.78
$2,125,797.04
$2,085,156.25
$2,086,161.52
United States Department of
The Treasury
912828ZU7
US GOV
2.79%
0.14%
1.86% 1.20 AA+
Aaa
06/15/23
06/15/23 2,125,000.00 1,561.64 2,127,896.73
2,129,458.37
2,084,242.50
2,085,804.14
United States Department of
The Treasury
91282CCK5
US GOV
2.22%
0.17%
1.92% 1.24 AA+
Aaa
06/30/23
06/30/23 1,700,000.00 534.19 1,699,044.69
1,699,578.87
1,662,414.70
1,662,948.89
United States Department of
The Treasury
91282CAF8
US GOV
2.28%
0.19%
2.04% 1.36 AA+
Aaa
08/15/23
08/15/23 1,750,000.00 271.93 1,748,475.79
1,748,747.71
1,704,746.75
1,705,018.68
United States Department of
The Treasury
9128282D1
US GOV
1.46%
0.18%
2.06% 1.39 AA+
Aaa
08/31/23
08/31/23 1,100,000.00 1,315.22 1,118,619.69
1,119,934.91
1,089,601.70
1,090,916.92
United States Department of
The Treasury
91282CAK7
US GOV
1.43%
0.19%
2.09% 1.44 AA+
Aaa
09/15/23
09/15/23 1,100,000.00 63.52 1,098,997.48
1,099,061.00
1,069,191.20
1,069,254.72
United States Department of
The Treasury
91282CAP6
US GOV
1.78%
0.20%
2.14% 1.52 AA+
Aaa
10/15/23
10/15/23 1,375,000.00 793.27 1,373,439.26
1,374,232.53
1,333,266.00
1,334,059.27
United States Department of
The Treasury
91282CAP6
US GOV
1.19%
0.24%
2.14% 1.52 AA+
Aaa
10/15/23
10/15/23 915,000.00 527.88 913,437.20
913,965.08
887,227.92
887,755.80
United States Department of
The Treasury
91282CAW1
US GOV
3.44%
0.17%
2.17% 1.60 AA+
Aaa
11/15/23
11/15/23 2,650,000.00 2,507.25 2,653,332.11
2,655,839.37
2,569,257.15
2,571,764.40
United States Department of
The Treasury
91282CBA8
US GOV
1.78%
0.18%
2.21% 1.69 AA+
Aaa
12/15/23
12/15/23 1,375,000.00 505.24 1,373,715.89
1,374,221.13
1,327,250.38
1,327,755.61
United States Department of
The Treasury
91282CBA8
US GOV
1.18%
0.26%
2.21% 1.69 AA+
Aaa
12/15/23
12/15/23 915,000.00 336.21 912,844.40
913,180.61
883,224.80
883,561.01
Public Trust Advisors
25 01/01/2022 to 03/31/2022
City of Fullerton
GASB 40
Issuer
Identifier
Security Type
% of Market Value
Book Yield
Market Yield
Duration S&P
Moody's
Effective Maturity
Final Maturity
Current Units Accrued Book Value
Book Value + Accrued
Market Value
Market Value + Accrued
United States Department of
The Treasury
91282CBE0
US GOV
2.48%
0.26%
2.26% 1.77 AA+
Aaa
01/15/24
01/15/24 1,925,000.00 505.18 1,920,500.15
1,921,005.33
1,853,338.02
1,853,843.20
United States Department of
The Treasury
91282CBM2
US GOV
0.42%
0.24%
2.26% 1.86 AA+
Aaa
02/15/24
02/15/24 325,000.00 50.50 324,325.58
324,376.08
312,291.85
312,342.35
United States Department of
The Treasury
91282CBM2
US GOV
2.06%
0.28%
2.26% 1.86 AA+
Aaa
02/15/24
02/15/24 1,600,000.00 248.62 1,595,228.41
1,595,477.03
1,537,436.80
1,537,685.42
United States Department of
The Treasury
91282CBM2
US GOV
2.89%
0.58%
2.26% 1.86 AA+
Aaa
02/15/24
02/15/24 2,250,000.00 349.62 2,230,809.06
2,231,158.68
2,162,020.50
2,162,370.12
United States Department of
The Treasury
91282CCC3
US GOV
4.16%
0.33%
2.36% 2.09 AA+
Aaa
05/15/24
05/15/24 3,250,000.00 3,074.93 3,244,767.22
3,247,842.15
3,108,699.75
3,111,774.68
United States Department of
The Treasury
91282CCG4
US GOV
3.90%
0.44%
2.38% 2.18 AA+
Aaa
06/15/24
06/15/24 3,050,000.00 2,241.41 3,037,487.79
3,039,729.20
2,910,962.70
2,913,204.11
United States Department of
The Treasury
9128286Z8
US GOV
4.50%
0.70%
2.38% 2.18 AA+
Aaa
06/30/24
06/30/24 3,400,000.00 14,957.18 3,479,833.61
3,494,790.79
3,353,250.00
3,368,207.18
United States Department of
The Treasury
91282CCL3
US GOV
1.58%
0.38%
2.39% 2.26 AA+
Aaa
07/15/24
07/15/24 1,235,000.00 972.31 1,234,887.03
1,235,859.34
1,179,665.82
1,180,638.13
United States Department of
The Treasury
91282CCT6
US GOV
2.17%
0.41%
2.42% 2.34 AA+
Aaa
08/15/24
08/15/24 1,700,000.00 792.47 1,698,607.48
1,699,399.95
1,620,179.90
1,620,972.37
United States Department of
The Treasury
91282CDB4
US GOV
3.49%
0.77%
2.45% 2.49 AA+
Aaa
10/15/24
10/15/24 2,725,000.00 7,860.58 2,714,948.56
2,722,809.14
2,603,440.48
2,611,301.05
United States Department of
The Treasury
91282CDH1
US GOV
4.01%
1.36%
2.47% 2.56 AA+
Aaa
11/15/24
11/15/24 3,125,000.00 8,869.99 3,075,841.91
3,084,711.91
2,989,503.12
2,998,373.12
United States Department of
The Treasury
912828YY0
US GOV
4.97%
1.82%
2.47% 2.65 AA+
Aaa
12/31/24
12/31/24 3,775,000.00 16,606.87 3,767,926.39
3,784,533.26
3,702,742.72
3,719,349.60
United States Department of
The Treasury
91282CDZ1
US GOV
4.92%
1.84%
2.48% 2.79 AA+
Aaa
02/15/25
02/15/25 3,775,000.00 7,039.02 3,739,571.95
3,746,610.97
3,673,252.42
3,680,291.44
United States Department of
The Treasury 63.90%
0.64%
2.27% 1.99 AA+
Aaa 49,265,000.00 $72,990.30 $49,209,330.17
$49,282,320.47
$47,702,363.44
$47,775,353.74
Public Trust Advisors
26 01/01/2022 to 03/31/2022
City of Fullerton
GASB 40
Issuer
Identifier
Security Type
% of Market Value
Book Yield
Market Yield
Duration S&P
Moody's
Effective Maturity
Final Maturity
Current Units Accrued Book Value
Book Value + Accrued
Market Value
Market Value + Accrued
Portfolio T otal
100.00%
0.67%
2.18% 1.79 AA
Aa1
01/28/24
01/29/24 76,866,901.79 $106,115.36 $76,790,841.75
$76,896,957.11
$74,662,154.39
$74,768,269.75
01/01/2022 to 03/31/2022
City of Fullerton 1-5
Investment Report
John Grady | Managing Director
Direct: (407) 588-0525
Mobile: (407) 701-8002
[email protected]
Mark Creger | Director, Portfolio Management
Direct: (213) 545-7452
Mobile: (323) 573-9529
[email protected]
T om Tight | Managing Director
Direct: (407) 588-9391
Mobile: (407) 765-0761
[email protected]
Manuel N. San Luis | Vice President, Portfolio Manage-
ment
Direct: (213) 545-8605
Mobile: (213) 509-3758
[email protected]
Relationship Managers Portfolio Manager
Relationship Management T eam
T able of Contents
Executive Summary
• Portfolio Overview 3
• Performance 4
• Performance 5
• Maturity Distribution 6
• Rating Distribution 7
• Security Distribution – Market Value 8
• Security Distribution – Historical Cost 9
Supporting Reports
• Portfolio Holdings 10
• Transactions 16
• Income 17
• GASB 40 21
• Portfolio Activity Summary 28
Disclaimers
Public Trust Advisors
3 01/01/2022 to 03/31/2022
City of Fullerton 1-5
Portfolio Overview
12/31/21 03/31/22
Duration 2.680 2.559
Years to Effective Maturity 2.723 2.623
Years to Final Maturity 2.730 2.626
Coupon Rate 0.814 0.831
Book Yield 0.773 0.819
Market Yield 0.893 2.306
Benchmark Yield 0.883 2.338
Portfolio Summary
Asset Allocation
Portfolio Characteristics
Summary 12/31/21 03/31/22
Historical Cost $32,517,814.57 $32,563,132.56
Book Value 32,485,760.33 32,537,934.20
Accrued Interest 50,320.72 54,526.06
Net Pending Transactions 0.00 0.46
Book Value Plus Accrued $32,536,081.05 $32,592,460.72
Net Unrealized Gain/Loss (227,201.08) (1,313,400.10)
Market Value Plus Accrued $32,308,879.97 $31,279,060.62 Period Income Income
Interest Income $64,448.15
Net Amortization/Accretion Income (865.62)
Net Realized Gain/Loss (6,602.92)
Net Income $56,979.61
Income Summary
Detail may not add to total due to rounding.
Executive Summary
Public Trust Advisors
4 01/01/2022 to 03/31/2022
City of Fullerton 1-5
Performance
T otal Return vs Benchmark
Period Period Begin Period End Benchmark T otal Return T otal Return Income Return Price Return Trailing Month 03/01/2022 03/31/2022 -1.857% -1.825% 0.070% -1.895% Quarter to Date 01/01/2022 03/31/2022 -3.173% -3.184% 0.197% -3.381% Fiscal Year to Date 07/01/2021 03/31/2022 -3.832% -3.831% 0.568% -4.399% Year to Date 01/01/2022 03/31/2022 -3.173% -3.184% 0.197% -3.381% Trailing Year 04/01/2021 03/31/2022 -3.706% -3.776% 0.776% -4.553% Trailing 3 Years 04/01/2019 03/31/2022 0.941% 0.999% 1.486% -0.502% Since Inception 01/01/2018 03/31/2022 1.329% 1.356% 1.631% -0.290% Account Index Index Start Date Index End Date
Fullerton, City of 1-5 Primary: ICE BofA 1-5 Year AAA-AA US Corporate & Government Index 2006-10-31 -- Fullerton, City of 1-5 Secondary: ICE BofA 3-Month US Treasury Bill Index -- --
Public Trust Advisors
5 01/01/2022 to 03/31/2022
City of Fullerton 1-5
Performance
T otal Return vs Benchmark
Period Period Begin Period End Benchmark T otal Return Secondary T otal Return T otal Return Income Return Price Return Trailing Month 03/01/2022 03/31/2022 -1.857% 0.031% -1.825% 0.070% -1.895% Quarter to Date 01/01/2022 03/31/2022 -3.173% 0.039% -3.184% 0.197% -3.381% Fiscal Year to Date 07/01/2021 03/31/2022 -3.832% 0.063% -3.831% 0.568% -4.399% Trailing Year 04/01/2021 03/31/2022 -3.706% 0.063% -3.776% 0.776% -4.553% Trailing 3 Years 04/01/2019 03/31/2022 0.941% 0.806% 0.999% 1.486% -0.502% Since Inception 01/01/2018 03/31/2022 1.329% 1.152% 1.356% 1.631% -0.290% Account Index Index Start Date Index End Date
Fullerton, City of 1-5 Primary: ICE BofA 1-5 Year AAA-AA US Corporate & Government Index 2006-10-31 -- Fullerton, City of 1-5 Secondary: ICE BofA 3-Month US Treasury Bill Index -- --
Public Trust Advisors
6 01/01/2022 to 03/31/2022
City of Fullerton 1-5
Maturity Distribution by Security Type
Portfolio Overview
Issuer Value
United States 66.22%
Federal Home Loan Mortgage Corporation 9.71%
Federal National Mortgage Association 6.26%
Farm Credit System 3.41%
Caterpillar Inc. 2.55%
Toyota Motor Corporation 2.46%
PACCAR Inc 1.76%
Microsoft Corporation 1.50%
Federal Home Loan Banks 1.36%
U.S. Bancorp 0.94%
T op T en Holdings Maturity Distribution by Type
Security
Distribution 0-3 Months 3-6 Months 6-9 Months 9-12 Months 1-2 Y ears 2-3 Y ears 3-4 Y ears 4-5 Y ears 5+ Y ears Portfolio T otal CASH $0.46 -- -- -- -- -- -- -- -- $0.46
CD 249,753.95 249,753.95
CORP 1,086,345.71 2,107,767.27 174,901.01 3,369,014.00
FED INST (GSE) 610,788.21 3,304,886.86 1,098,653.82 1,472,091.91 6,486,420.81 MMFUND 292,889.43 292,889.43
MUNI 168,383.16 168,383.16
US GOV 206,776.80 5,294,925.32 4,487,319.71 5,968,203.37 4,755,373.61 20,712,598.81 TOTAL $542,643.84 $610,788.21 -- $206,776.80 $9,854,541.06 $7,693,740.80 $7,615,196.29 $4,755,373.61 -- $31,279,060.62 • Maturity Distribution
Public Trust Advisors
7 01/01/2022 to 03/31/2022
City of Fullerton 1-5
Portfolio Overview
S&P Rating Distribution Moody’s Rating Distribution
Allocation by Standard and Poor’s Rating Allocation by Moody’s Rating S&P Rating Distribution Mar 31, 2022
Ending Balance
Portfolio
Allocation
Short T erm Rating Distribution
A-1+ $0.00 0.00%
A-1
A-2
T otal Short T erm Ratings $0.00 0.00%
Long T erm Rating Distribution
AAA $761,295.74 2.43%
AA $27,810,730.77 88.91%
A $2,457,280.16 7.86%
Below A $249,753.95 0.80%
Not Rated
T otal Long T erm Ratings $31,279,060.62 100.00%
Portfolio T otal $31,279,060.62 100.00%
Moody's Rating Distribution Mar 31, 2022
Ending Balance
Portfolio
Allocation
Short T erm Rating Distribution
P-1 $0.00 0.00%
P-2
T otal Short T erm Ratings $0.00 0.00%
Long T erm Rating Distribution
Aaa $28,113,837.88 89.88%
Aa $168,383.16 0.54%
A $2,572,184.62 8.22%
Below A $249,753.95 0.80%
Not Rated $174,901.01 0.56%
T otal Long T erm Ratings $31,279,060.62 100.00%
Portfolio T otal $31,279,060.62 100.00%
• Rating Distribution
Public Trust Advisors
8 01/01/2022 to 03/31/2022
City of Fullerton 1-5
Market Value Basis Security Distribution
Asset Balance by Security Type
Security Distribution Dec 31, 2021
Ending Balance
Dec 31, 2021
Portfolio Allocation
Mar 31, 2022
Ending Balance
Mar 31, 2022
Portfolio Allocation
Change in
Allocation Book Yield
Cash $0.46 0.00% 0.00% 0.00%
U.S. Treasury Notes $20,664,883.27 63.96% $20,712,598.81 66.22% 2.26% 0.81% Federal Instrumentality (GSE) 7,354,740.27 22.76% 6,486,420.81 20.74% (2.03%) 0.86% Money Market Funds $68,438.51 0.21% $292,889.43 0.94% 0.72% 0.01% Corporate Notes 3,551,511.55 10.99% 3,369,014.00 10.77% (0.22%) 0.77% CD 499,035.78 1.54% 249,753.95 0.80% (0.75%) 2.40%
Municipal Bonds 170,270.58 0.53% 168,383.16 0.54% 0.01% 0.66% Portfolio T otal $32,308,879.97 100.00% $31,279,060.62 100.00% 0.82% Portfolio Overview
• Security Distribution – Market Value
Public Trust Advisors
9 01/01/2022 to 03/31/2022
City of Fullerton 1-5
Historic Cost Basis Security Distribution
Asset Balance by Security Type
Portfolio Overview
Security Distribution Dec 31, 2021
Ending Balance
Dec 31, 2021
Portfolio Allocation
Mar 31, 2022
Ending Balance
Mar 31, 2022
Portfolio Allocation
Change in
Allocation Book Yield
Cash $0.46 0.00% 0.00% 0.00%
U.S. Treasury Notes $20,821,621.92 64.03% $21,669,011.76 66.54% 2.51% 0.81% Federal Instrumentality (GSE) 7,377,342.44 22.69% 6,689,073.11 20.54% (2.15%) 0.86% Money Market Funds $68,438.51 0.21% $292,889.43 0.90% 0.69% 0.01% Corporate Notes 3,587,411.70 11.03% 3,495,158.25 10.73% (0.30%) 0.77% CD 493,000.00 1.52% 247,000.00 0.76% (0.76%) 2.40%
Municipal Bonds 170,000.00 0.52% 170,000.00 0.52% (0.00%) 0.66% Portfolio T otal $32,517,814.57 100.00% $32,563,133.02 100.00% 0.82% • Security Distribution – Historical Cost
Public Trust Advisors
21 01/01/2022 to 03/31/2022
City of Fullerton 1-5
GASB 40
Issuer
Identifier
Security Type
% of Market Value
Book Yield
Market Yield
Duration S&P
Moody's
Effective Maturity
Final Maturity
Current Units Accrued Book Value
Book Value + Accrued
Market Value
Market Value + Accrued
Amazon.com, Inc.
Amazon.com, Inc.
023135BW5
CORP
0.93%
0.50%
2.19% 2.08 AA
A1
05/12/24
05/12/24 300,000.00 $521.25 $299,690.80
$300,212.05
$289,284.22
$289,805.48
Amazon.com, Inc.
0.93%
0.50%
2.19% 2.08 AA
A1 300,000.00 $521.25 $299,690.80
$300,212.05
$289,284.22
$289,805.48
Apple Inc.
Apple Inc.
037833DV9
CORP
0.49%
0.84%
1.89% 1.10 AA+
Aaa
05/11/23
05/11/23 155,000.00 $452.08 $154,842.72
$155,294.81
$153,070.44
$153,522.52
Apple Inc.
0.49%
0.84%
1.89% 1.10 AA+
Aaa 155,000.00 $452.08 $154,842.72
$155,294.81
$153,070.44
$153,522.52
Caterpillar Financial Services
Corporation
Caterpillar Financial Services
Corporation
14913R2S5
CORP
0.97%
0.96%
2.41% 1.74 A
A2
01/10/24
01/10/24 310,000.00 $662.62 $309,955.91
$310,618.53
$302,190.35
$302,852.98
Caterpillar Financial Services
Corporation
14913R2P1
CORP
1.59%
0.65%
2.56% 2.40 A
A2
09/13/24
09/13/24 520,000.00 156.00 519,421.29
519,577.29
496,003.90
496,159.90
Caterpillar Financial Services
Corporation 2.55%
0.76%
2.50% 2.15 A
A2 830,000.00 $818.62 $829,377.20
$830,195.82
$798,194.25
$799,012.88
Federal Farm Credit Banks
Funding Corporation
Federal Farm Credit Banks
Funding Corporation
3133ELG81
GSE
2.04%
0.41%
1.94% 1.17 AA+
Aaa
06/08/23
06/08/23 650,000.00 $612.08 $649,157.92
$649,770.00
$637,558.53
$638,170.61
Federal Farm Credit Banks
Funding Corporation
3133EMRZ7
GSE
1.37%
0.26%
2.12% 1.88 AA+
Aaa
02/26/24
02/26/24 445,000.00 108.16 444,898.07
445,006.23
429,547.70
429,655.86
Federal Farm Credit Banks
Funding Corporation 3.41%
0.35%
2.01% 1.46 AA+
Aaa 1,095,000.00 $720.24 $1,094,055.99
$1,094,776.23
$1,067,106.23
$1,067,826.47
Federal Home Loan Banks
Federal Home Loan Banks
3130AJHU6
GSE
1.36%
0.60%
2.43% 2.97 AA+
Aaa
04/14/25
04/14/25 450,000.00 $1,043.75 $448,635.40
$449,679.15
$424,686.20
$425,729.95
Public Trust Advisors
22 01/01/2022 to 03/31/2022
City of Fullerton 1-5
GASB 40
Issuer
Identifier
Security Type
% of Market Value
Book Yield
Market Yield
Duration S&P
Moody's
Effective Maturity
Final Maturity
Current Units Accrued Book Value
Book Value + Accrued
Market Value
Market Value + Accrued
Federal Home Loan Banks
1.36%
0.60%
2.43% 2.97 AA+
Aaa 450,000.00 $1,043.75 $448,635.40
$449,679.15
$424,686.20
$425,729.95
Federal Home Loan Mortgage
Corporation
Federal Home Loan Mortgage
Corporation
3137AXHP1
GSE MBS
1.95%
2.56%
1.35% 0.38 AA+
Aaa
08/23/22
09/25/22 607,679.23 $1,302.97 $606,696.00
$607,998.97
$609,485.25
$610,788.21
Federal Home Loan Mortgage
Corporation
3137EAEQ8
GSE
2.11%
0.46%
1.77% 1.04 AA+
Aaa
04/20/23
04/20/23 670,000.00 1,123.65 669,409.93
670,533.57
660,276.50
661,400.15
Federal Home Loan Mortgage
Corporation
3137B4WB8
GSE MBS
1.62%
1.99%
2.06% 1.16 AA+
Aaa
06/08/23
07/25/23 500,000.00 1,275.00 505,312.73
506,587.73
504,871.90
506,146.90
Federal Home Loan Mortgage
Corporation
3137EAEV7
GSE
1.45%
0.28%
2.08% 1.38 AA+
Aaa
08/24/23
08/24/23 465,000.00 119.48 464,778.69
464,898.17
453,331.66
453,451.14
Federal Home Loan Mortgage
Corporation
3137EAEP0
GSE
2.57%
1.52%
2.49% 2.77 AA+
Aaa
02/12/25
02/12/25 825,000.00 1,684.38 824,629.34
826,313.72
802,638.92
804,323.29
Federal Home Loan Mortgage
Corporation 9.71%
1.38%
1.97% 1.44 AA+
Aaa 3,067,679.23 $5,505.47 $3,070,826.70
$3,076,332.16
$3,030,604.23
$3,036,109.70
Federal National Mortgage
Association
Federal National Mortgage
Association
3135G06H1
GSE
1.97%
0.29%
2.15% 1.63 AA+
Aaa
11/27/23
11/27/23 635,000.00 $546.81 $634,600.71
$635,147.51
$615,515.40
$616,062.21
Federal National Mortgage
Association
3135G0X24
GSE
0.94%
0.42%
2.48% 2.67 AA+
Aaa
01/07/25
01/07/25 300,000.00 1,137.50 309,937.50
311,075.00
293,193.03
294,330.53
Federal National Mortgage
Association
3135G04Z3
GSE
0.90%
0.46%
2.51% 3.14 AA+
Aaa
06/17/25
06/17/25 300,000.00 433.33 300,381.96
300,815.30
281,509.29
281,942.63
Federal National Mortgage
Association
3135G05X7
GSE
2.44%
0.47%
2.48% 3.34 AA+
Aaa
08/25/25
08/25/25 820,000.00 307.50 817,375.29
817,682.79
764,111.83
764,419.33
Federal National Mortgage
Association 6.26%
0.41%
2.38% 2.67 AA+
Aaa 2,055,000.00 $2,425.14 $2,062,295.46
$2,064,720.60
$1,954,329.55
$1,956,754.69
Public Trust Advisors
23 01/01/2022 to 03/31/2022
City of Fullerton 1-5
GASB 40
Issuer
Identifier
Security Type
% of Market Value
Book Yield
Market Yield
Duration S&P
Moody's
Effective Maturity
Final Maturity
Current Units Accrued Book Value
Book Value + Accrued
Market Value
Market Value + Accrued
First American Funds, Inc. -
Government Obligations Fund
First American Funds, Inc. -
Government Obligations Fund
31846V203
MMFUND
0.94%
0.01%
0.01% 0.00 AAAm
Aaa
03/31/22
03/31/22 292,889.43 $0.00 $292,889.43
$292,889.43
$292,889.43
$292,889.43
First American Funds, Inc. -
Government Obligations Fund 0.94%
0.01%
0.01% 0.00 AAAm
Aaa 292,889.43 $0.00 $292,889.43
$292,889.43
$292,889.43
$292,889.43
Microsoft Corporation
Microsoft Corporation
594918AT1
CORP
1.50%
0.58%
2.62% 1.05 AAA
Aaa
05/01/23
05/01/23 465,000.00 $4,601.56 $471,914.52
$476,516.08
$463,804.29
$468,405.85
Microsoft Corporation
1.50%
0.58%
2.62% 1.05 AAA
Aaa 465,000.00 $4,601.56 $471,914.52
$476,516.08
$463,804.29
$468,405.85
PACCAR Financial Corp.
PACCAR Financial Corp.
69371RR40
CORP
0.86%
0.52%
2.46% 2.31 A+
A1
08/09/24
08/09/24 280,000.00 $202.22 $279,880.91
$280,083.14
$267,522.31
$267,724.53
PACCAR Financial Corp.
69371RR57
CORP
0.91%
0.90%
2.62% 2.54 A+
A1
11/08/24
11/08/24 295,000.00 1,054.62 294,984.62
296,039.25
282,317.51
283,372.14
PACCAR Financial Corp.
1.76%
0.72%
2.54% 2.43 A+
A1 575,000.00 $1,256.85 $574,865.53
$576,122.38
$549,839.82
$551,096.67
PepsiCo, Inc.
PepsiCo, Inc.
713448FB9
CORP
0.52%
0.42%
1.93% 1.50 A+
A1
10/07/23
10/07/23 165,000.00 $319.00 $164,952.31
$165,271.31
$161,245.37
$161,564.37
PepsiCo, Inc.
0.52%
0.42%
1.93% 1.50 A+
A1 165,000.00 $319.00 $164,952.31
$165,271.31
$161,245.37
$161,564.37
Sallie Mae Bank
Sallie Mae Bank
7954503N3
CD
0.80%
2.40%
0.42% 0.22 BBB-
Baa1
06/20/22
06/20/22 247,000.00 $1,672.83 $247,000.00
$248,672.83
$248,081.12
$249,753.95
Sallie Mae Bank
0.80%
2.40%
0.42% 0.22 BBB-
Baa1 247,000.00 $1,672.83 $247,000.00
$248,672.83
$248,081.12
$249,753.95
State of Oregon
State of Oregon
68609TWB0
MUNI
0.36%
0.66%
1.80% 1.07 AA+
Aa1
05/01/23
05/01/23 115,000.00 $313.85 $115,000.00
$115,313.85
$113,592.40
$113,906.25
Public Trust Advisors
24 01/01/2022 to 03/31/2022
City of Fullerton 1-5
GASB 40
Issuer
Identifier
Security Type
% of Market Value
Book Yield
Market Yield
Duration S&P
Moody's
Effective Maturity
Final Maturity
Current Units Accrued Book Value
Book Value + Accrued
Market Value
Market Value + Accrued
State of Oregon
68609TUS5
MUNI
0.17%
0.66%
1.80% 1.07 AA+
Aa1
05/01/23
05/01/23 55,000.00 150.10 55,000.00
55,150.10
54,326.80
54,476.90
State of Oregon
0.54%
0.66%
1.80% 1.07 AA+
Aa1 170,000.00 $463.96 $170,000.00
$170,463.96
$167,919.20
$168,383.16
The Home Depot, Inc.
The Home Depot, Inc.
437076CM2
CORP
0.56%
2.76%
2.73% 2.88 A
NA
04/15/25
04/15/25 175,000.00 $39.38 $174,694.83
$174,734.21
$174,861.64
$174,901.01
The Home Depot, Inc.
0.56%
2.76%
2.73% 2.88 A
NA 175,000.00 $39.38 $174,694.83
$174,734.21
$174,861.64
$174,901.01
T oyota Motor Credit
Corporation
Toyota Motor Credit
Corporation
89236TJN6
CORP
2.46%
0.64%
2.70% 2.40 A+
A1
09/13/24
09/13/24 810,000.00 $253.12 $809,688.76
$809,941.89
$770,452.11
$770,705.23
T oyota Motor Credit
Corporation 2.46%
0.64%
2.70% 2.40 A+
A1 810,000.00 $253.12 $809,688.76
$809,941.89
$770,452.11
$770,705.23
United States Department of
The Treasury
United States Department of
The Treasury
91282CBU4
US GOV
0.66%
0.14%
1.68% 0.99 AA+
Aaa
03/31/23
03/31/23 210,000.00 $0.72 $209,967.26
$209,967.97
$206,776.08
$206,776.80
United States Department of
The Treasury
91282CAF8
US GOV
3.36%
0.18%
2.04% 1.36 AA+
Aaa
08/15/23
08/15/23 1,080,000.00 167.82 1,079,189.39
1,079,357.21
1,052,072.28
1,052,240.10
United States Department of
The Treasury
91282CAP6
US GOV
1.94%
0.22%
2.14% 1.52 AA+
Aaa
10/15/23
10/15/23 625,000.00 360.58 624,118.75
624,479.33
606,030.00
606,390.58
United States Department of
The Treasury
912828T91
US GOV
0.69%
1.66%
2.13% 1.54 AA+
Aaa
10/31/23
10/31/23 215,000.00 1,466.99 214,895.20
216,362.19
213,303.44
214,770.42
United States Department of
The Treasury
912828U57
US GOV
1.05%
2.55%
2.17% 1.62 AA+
Aaa
11/30/23
11/30/23 325,000.00 2,314.73 322,758.84
325,073.57
324,733.50
327,048.23
United States Department of
The Treasury
912828V23
US GOV
0.77%
2.53%
2.23% 1.70 AA+
Aaa
12/31/23
12/31/23 240,000.00 1,357.46 238,840.63
240,198.09
240,093.84
241,451.30
Public Trust Advisors
25 01/01/2022 to 03/31/2022
City of Fullerton 1-5
GASB 40
Issuer
Identifier
Security Type
% of Market Value
Book Yield
Market Yield
Duration S&P
Moody's
Effective Maturity
Final Maturity
Current Units Accrued Book Value
Book Value + Accrued
Market Value
Market Value + Accrued
United States Department of
The Treasury
91282CDR9
US GOV
4.00%
1.15%
2.24% 1.72 AA+
Aaa
12/31/23
12/31/23 1,280,000.00 2,413.26 1,271,262.11
1,273,675.37
1,247,499.52
1,249,912.78
United States Department of
The Treasury
912828V80
US GOV
1.68%
2.23%
2.27% 1.78 AA+
Aaa
01/31/24
01/31/24 525,000.00 1,957.87 525,171.18
527,129.06
524,774.25
526,732.12
United States Department of
The Treasury
91282CBM2
US GOV
3.44%
0.24%
2.26% 1.86 AA+
Aaa
02/15/24
02/15/24 1,120,000.00 174.03 1,117,554.80
1,117,728.84
1,076,205.76
1,076,379.79
United States Department of
The Treasury
91282CBV2
US GOV
3.45%
0.29%
2.33% 2.01 AA+
Aaa
04/15/24
04/15/24 1,120,000.00 1,938.46 1,122,042.68
1,123,981.14
1,076,556.32
1,078,494.78
United States Department of
The Treasury
912828XT2
US GOV
0.64%
1.87%
2.37% 2.09 AA+
Aaa
05/31/24
05/31/24 200,000.00 1,340.66 200,543.45
201,884.11
198,437.60
199,778.26
United States Department of
The Treasury
9128286Z8
US GOV
1.98%
1.41%
2.38% 2.18 AA+
Aaa
06/30/24
06/30/24 625,000.00 2,749.48 629,655.84
632,405.32
616,406.25
619,155.73
United States Department of
The Treasury
91282CCT6
US GOV
2.74%
0.72%
2.42% 2.34 AA+
Aaa
08/15/24
08/15/24 900,000.00 419.54 892,612.25
893,031.79
857,742.30
858,161.84
United States Department of
The Treasury
912828YM6
US GOV
1.10%
0.54%
2.45% 2.50 AA+
Aaa
10/31/24
10/31/24 350,000.00 2,204.42 358,554.62
360,759.04
341,742.10
343,946.52
United States Department of
The Treasury
912828YV6
US GOV
1.14%
0.43%
2.47% 2.58 AA+
Aaa
11/30/24
11/30/24 365,000.00 1,835.03 375,320.58
377,155.61
355,889.24
357,724.26
United States Department of
The Treasury
912828YY0
US GOV
1.98%
0.45%
2.47% 2.65 AA+
Aaa
12/31/24
12/31/24 630,000.00 2,771.48 652,288.71
655,060.19
617,941.17
620,712.65
United States Department of
The Treasury
912828ZC7
US GOV
0.77%
0.31%
2.48% 2.84 AA+
Aaa
02/28/25
02/28/25 250,000.00 244.57 255,899.39
256,143.96
240,547.00
240,791.57
United States Department of
The Treasury
912828ZC7
US GOV
0.54%
0.86%
2.48% 2.84 AA+
Aaa
02/28/25
02/28/25 175,000.00 171.20 176,321.53
176,492.73
168,382.90
168,554.10
United States Department of
The Treasury
912828ZF0
US GOV
0.80%
0.27%
2.48% 2.94 AA+
Aaa
03/31/25
03/31/25 265,000.00 3.62 266,825.60
266,829.22
249,907.46
249,911.08
United States Department of
The Treasury
912828ZL7
US GOV
1.28%
0.46%
2.50% 3.02 AA+
Aaa
04/30/25
04/30/25 425,000.00 669.20 423,907.14
424,576.34
398,354.62
399,023.82
Public Trust Advisors
26 01/01/2022 to 03/31/2022
City of Fullerton 1-5
GASB 40
Issuer
Identifier
Security Type
% of Market Value
Book Yield
Market Yield
Duration S&P
Moody's
Effective Maturity
Final Maturity
Current Units Accrued Book Value
Book Value + Accrued
Market Value
Market Value + Accrued
United States Department of
The Treasury
912828ZT0
US GOV
0.79%
0.35%
2.51% 3.11 AA+
Aaa
05/31/25
05/31/25 265,000.00 222.05 264,180.77
264,402.82
246,884.86
247,106.91
United States Department of
The Treasury
912828ZT0
US GOV
0.75%
0.36%
2.51% 3.11 AA+
Aaa
05/31/25
05/31/25 250,000.00 209.48 249,139.82
249,349.30
232,910.25
233,119.73
United States Department of
The Treasury
912828ZW3
US GOV
1.00%
0.34%
2.51% 3.20 AA+
Aaa
06/30/25
06/30/25 335,000.00 210.53 333,983.92
334,194.45
311,536.94
311,747.47
United States Department of
The Treasury
91282CAB7
US GOV
1.89%
0.60%
2.51% 3.28 AA+
Aaa
07/31/25
07/31/25 635,000.00 263.12 627,680.37
627,943.49
589,359.38
589,622.50
United States Department of
The Treasury
91282CAM3
US GOV
1.88%
0.64%
2.51% 3.44 AA+
Aaa
09/30/25
09/30/25 635,000.00 4.34 626,490.76
626,495.10
587,251.18
587,255.51
United States Department of
The Treasury
91282CAT8
US GOV
1.40%
0.41%
2.51% 3.52 AA+
Aaa
10/31/25
10/31/25 475,000.00 498.62 472,327.75
472,826.37
438,428.80
438,927.42
United States Department of
The Treasury
91282CAZ4
US GOV
1.19%
0.44%
2.51% 3.59 AA+
Aaa
11/30/25
11/30/25 400,000.00 502.75 399,070.39
399,573.14
370,218.80
370,721.55
United States Department of
The Treasury
91282CBC4
US GOV
0.74%
0.59%
2.49% 3.68 AA+
Aaa
12/31/25
12/31/25 250,000.00 235.67 247,990.46
248,226.13
231,132.75
231,368.42
United States Department of
The Treasury
91282CBC4
US GOV
2.07%
0.70%
2.49% 3.68 AA+
Aaa
12/31/25
12/31/25 700,000.00 659.88 691,474.58
692,134.45
647,171.70
647,831.58
United States Department of
The Treasury
91282CBH3
US GOV
0.68%
0.84%
2.50% 3.76 AA+
Aaa
01/31/26
01/31/26 230,000.00 142.96 225,952.52
226,095.48
212,201.91
212,344.87
United States Department of
The Treasury
91282CBQ3
US GOV
2.07%
0.74%
2.51% 3.83 AA+
Aaa
02/28/26
02/28/26 700,000.00 304.35 693,417.81
693,722.15
647,910.20
648,214.55
United States Department of
The Treasury
91282CBQ3
US GOV
2.56%
1.10%
2.51% 3.83 AA+
Aaa
02/28/26
02/28/26 865,000.00 376.09 845,201.65
845,577.73
800,631.89
801,007.98
United States Department of
The Treasury
91282CBT7
US GOV
1.94%
0.78%
2.50% 3.90 AA+
Aaa
03/31/26
03/31/26 650,000.00 13.32 649,230.18
649,243.50
606,861.45
606,874.77
United States Department of
The Treasury
91282CBW0
US GOV
1.12%
0.87%
2.50% 3.96 AA+
Aaa
04/30/26
04/30/26 375,000.00 1,180.94 373,133.94
374,314.88
349,702.12
350,883.06
Public Trust Advisors
27 01/01/2022 to 03/31/2022
City of Fullerton 1-5
GASB 40
Issuer
Identifier
Security Type
% of Market Value
Book Yield
Market Yield
Duration S&P
Moody's
Effective Maturity
Final Maturity
Current Units Accrued Book Value
Book Value + Accrued
Market Value
Market Value + Accrued
United States Department of
The Treasury
91282CCF6
US GOV
2.01%
0.70%
2.50% 4.05 AA+
Aaa
05/31/26
05/31/26 675,000.00 1,696.77 676,351.23
678,048.00
628,541.10
630,237.87
United States Department of
The Treasury
91282CCJ8
US GOV
1.45%
0.91%
2.49% 4.12 AA+
Aaa
06/30/26
06/30/26 485,000.00 1,066.80 484,319.48
485,386.28
453,550.66
454,617.46
United States Department of
The Treasury
91282CCP4
US GOV
2.37%
0.78%
2.48% 4.23 AA+
Aaa
07/31/26
07/31/26 800,000.00 828.73 794,883.79
795,712.52
739,187.20
740,015.93
United States Department of
The Treasury
91282CCZ2
US GOV
3.58%
1.18%
2.48% 4.36 AA+
Aaa
09/30/26
09/30/26 1,200,000.00 28.69 1,184,239.28
1,184,267.97
1,118,437.20
1,118,465.89
United States Department of
The Treasury
91282CEC1
US GOV
2.73%
1.87%
2.42% 4.65 AA+
Aaa
02/28/27
02/28/27 875,000.00 1,426.63 875,405.88
876,832.51
852,852.00
854,278.63
United States Department of
The Treasury 66.22%
0.81%
2.39% 2.92 AA+
Aaa 21,725,000.00 $34,432.81 $21,672,204.54
$21,706,637.35
$20,678,166.00
$20,712,598.81
Portfolio T otal
100.00%
0.82%
2.31% 2.56 AA
Aa1
11/13/24
11/14/24 32,577,568.66 $54,526.06 $32,537,934.20
$32,592,460.26
$31,224,534.10
$31,279,060.16
01/01/2022 to 03/31/2022
City of Fullerton - Aggregate
Investment Report
John Grady | Managing Director
Direct: (407) 588-0525
Mobile: (407) 701-8002
[email protected]
Mark Creger | Director, Portfolio Management
Direct: (213) 545-7452
Mobile: (323) 573-9529
[email protected]
T om Tight | Managing Director
Direct: (407) 588-9391
Mobile: (407) 765-0761
[email protected]
Manuel N. San Luis | Vice President, Portfolio Manage-
ment
Direct: (213) 545-8605
Mobile: (213) 509-3758
[email protected]
Relationship Managers Portfolio Manager
Relationship Management T eam
T able of Contents
Executive Summary
• Portfolio Overview 3
• Maturity Distribution 4
• Rating Distribution 5
• Security Distribution – Market Value 6
• Security Distribution – Historical Cost 7
Supporting Reports
• Portfolio Holdings 8
• Transactions 16
• Income 19
• GASB 40 27
• Portfolio Activity Summary 38
Disclaimers
Public Trust Advisors
3 01/01/2022 to 03/31/2022
City of Fullerton - Aggregate
Portfolio Overview
12/31/21 03/31/22
Duration 2.074 2.018
Years to Effective Maturity 1.381 1.234
Years to Final Maturity 1.386 1.237
Coupon Rate 1.198 1.280
Book Yield 0.477 0.525
Market Yield 0.580 1.417
Benchmark Yield 0.759 2.263
Portfolio Summary
Asset Allocation
Portfolio Characteristics
Summary 12/31/21 03/31/22
Historical Cost $165,844,773.74 $180,513,153.32
Book Value 165,791,126.14 180,492,018.81
Accrued Interest 116,258.54 160,641.42
Net Pending Transactions 1.83 2.35
Book Value Plus Accrued $165,907,386.51 $180,652,662.58 Net Unrealized Gain/Loss (656,128.28) (3,442,087.46)
Market Value Plus Accrued $165,251,258.24 $177,210,575.12 Period Income Income
Interest Income $194,572.74
Net Amortization/Accretion Income 5,009.54
Net Realized Gain/Loss (161,281.61)
Net Income $38,300.67
Income Summary
Detail may not add to total due to rounding.
Executive Summary
Public Trust Advisors
4 01/01/2022 to 03/31/2022
City of Fullerton - Aggregate
Maturity Distribution by Security Type
Portfolio Overview
Issuer Value
United States 38.65%
(LAIFUND) State of California City 37.13%
Federal Home Loan Mortgage Corporation 9.05%
(LAIFRDA) State of California Successor Agency 3.02%
Farm Credit System 2.74%
Federal National Mortgage Association 2.04%
Caterpillar Inc. 1.52%
Toyota Motor Corporation 1.46%
PACCAR Inc 1.05%
Amazon.com, Inc. 0.73%
T op T en Holdings Maturity Distribution by Type
Security Distribution 0-3 Months 3-6 Months 6-9 Months 9-12 Months 1-2 Y ears 2-3 Y ears 3-4 Y ears 4-5 Y ears 5+ Y ears Portfolio T otal CASH $2.35 -- -- -- -- -- -- -- -- $2.35
CD 495,314.01 495,314.01
CORP 2,858,002.71 7,411,544.94 589,666.27 10,859,213.91 FED INST (GSE) 180,010.39 2,065,045.87 1,506,837.89 18,599,559.61 1,098,653.82 1,472,091.91 24,922,199.50 LGIP 71,163,242.86 71,163,242.86
MMFUND 524,925.73 524,925.73
MUNI 757,724.21 757,724.21
US GOV 206,776.80 27,866,167.37 29,691,431.40 5,968,203.37 4,755,373.61 68,487,952.55 TOTAL $72,363,495.34 $2,065,045.87 $1,506,837.89 $206,776.80 $50,081,453.90 $38,201,630.16 $8,029,961.55 $4,755,373.61 -- $177,210,575.12 • Maturity Distribution
Public Trust Advisors
5 01/01/2022 to 03/31/2022
City of Fullerton - Aggregate
Portfolio Overview
S&P Rating Distribution Moody’s Rating Distribution
Allocation by Standard and Poor’s Rating Allocation by Moody’s Rating S&P Rating Distribution Mar 31, 2022
Ending Balance
Portfolio
Allocation
Short T erm Rating Distribution
A-1+ $0.00 0.00%
A-1
A-2
T otal Short T erm Ratings $0.00 0.00%
Long T erm Rating Distribution
AAA $993,333.93 0.56%
AA $96,121,246.35 54.24%
A $8,437,437.98 4.76%
Below A $249,753.95 0.14%
Not Rated $71,408,802.92 40.30%
T otal Long T erm Ratings $177,210,575.12 100.00%
Portfolio T otal $177,210,575.12 100.00%
Moody's Rating Distribution Mar 31, 2022
Ending Balance
Portfolio
Allocation
Short T erm Rating Distribution
P-1 $0.00 0.00%
P-2
T otal Short T erm Ratings $0.00 0.00%
Long T erm Rating Distribution
Aaa $95,072,051.79 53.65%
Aa $757,724.21 0.43%
A $9,132,575.98 5.15%
Below A $249,753.95 0.14%
Not Rated $71,998,469.19 40.63%
T otal Long T erm Ratings $177,210,575.12 100.00%
Portfolio T otal $177,210,575.12 100.00%
• Rating Distribution
Public Trust Advisors
6 01/01/2022 to 03/31/2022
City of Fullerton - Aggregate
Market Value Basis Security Distribution
Asset Balance by Security Type
Security Distribution Dec 31, 2021
Ending Balance
Dec 31, 2021
Portfolio Allocation
Mar 31, 2022
Ending Balance
Mar 31, 2022
Portfolio Allocation
Change in
Allocation Book Yield
Cash $1.83 0.00% $2.35 0.00% 0.00% 0.00%
U.S. Treasury Notes $67,078,296.52 40.59% $68,487,952.55 38.65% (1.94%) 0.69% Federal Instrumentality (GSE) 27,351,334.59 16.55% 24,922,199.50 14.06% (2.49%) 0.75% Money Market Funds $503,630.74 0.30% $524,925.73 0.30% (0.01%) 0.01% Corporate Notes 12,127,450.25 7.34% 10,859,213.91 6.13% (1.21%) 0.77% CD 993,953.42 0.60% 495,314.01 0.28% (0.32%) 2.50%
Local Government Investment Pool 56,430,373.26 34.15% 71,163,242.86 40.16% 6.01% 0.23% Municipal Bonds 766,217.62 0.46% 757,724.21 0.43% (0.04%) 0.66% Portfolio T otal $165,251,258.24 100.00% $177,210,575.12 100.00% 0.53% Portfolio Overview
• Security Distribution – Market Value
Public Trust Advisors
7 01/01/2022 to 03/31/2022
City of Fullerton - Aggregate
Historic Cost Basis Security Distribution
Asset Balance by Security Type
Portfolio Overview
Security Distribution Dec 31, 2021
Ending Balance
Dec 31, 2021
Portfolio Allocation
Mar 31, 2022
Ending Balance
Mar 31, 2022
Portfolio Allocation
Change in
Allocation Book Yield
Cash $1.83 0.00% $2.35 0.00% 0.00% 0.00%
U.S. Treasury Notes $67,574,020.95 40.75% $70,888,578.96 39.27% (1.47%) 0.69% Federal Instrumentality (GSE) 27,369,243.44 16.50% 25,426,303.82 14.09% (2.42%) 0.75% Money Market Funds $503,630.74 0.30% $524,925.73 0.29% (0.01%) 0.01% Corporate Notes 12,217,505.35 7.37% 11,253,101.95 6.23% (1.13%) 0.77% CD 985,000.00 0.59% 492,000.00 0.27% (0.32%) 2.50%
Local Government Investment Pool 56,430,373.26 34.03% 71,163,242.86 39.42% 5.40% 0.23% Municipal Bonds 765,000.00 0.46% 765,000.00 0.42% (0.04%) 0.66% Portfolio T otal $165,844,775.57 100.00% $180,513,155.67 100.00% 0.53% • Security Distribution – Historical Cost
Public Trust Advisors
28 01/01/2022 to 03/31/2022
City of Fullerton - Aggregate
GASB 40
Issuer
Identifier
Security Type
% of Market Value
Book Yield
Market Yield
Duration S&P
Moody's
Effective Maturity
Final Maturity
Current Units Accrued Book Value
Book Value + Accrued
Market Value
Market Value + Accrued
Federal Farm Credit Banks
Funding Corporation
Federal Farm Credit Banks
Funding Corporation
3133ELG81
GSE
1.30%
0.41%
1.94% 1.17 AA+
Aaa
06/08/23
06/08/23 2,350,000.00 $2,212.92 $2,346,955.54
$2,349,168.46
$2,305,019.28
$2,307,232.20
Federal Farm Credit Banks
Funding Corporation
3133ELG81
GSE
0.36%
0.41%
1.94% 1.17 AA+
Aaa
06/08/23
06/08/23 650,000.00 612.08 649,157.92
649,770.00
637,558.53
638,170.61
Federal Farm Credit Banks
Funding Corporation
3133EMRZ7
GSE
0.83%
0.26%
2.12% 1.88 AA+
Aaa
02/26/24
02/26/24 1,530,000.00 371.88 1,529,649.55
1,530,021.43
1,476,871.87
1,477,243.74
Federal Farm Credit Banks
Funding Corporation
3133EMRZ7
GSE
0.24%
0.26%
2.12% 1.88 AA+
Aaa
02/26/24
02/26/24 445,000.00 108.16 444,898.07
445,006.23
429,547.70
429,655.86
Federal Farm Credit Banks
Funding Corporation 2.74%
0.35%
2.01% 1.45 AA+
Aaa 4,975,000.00 $3,305.03 $4,970,661.08
$4,973,966.12
$4,848,997.38
$4,852,302.41
Federal Home Loan Banks
Federal Home Loan Banks
3130AJHU6
GSE
0.24%
0.60%
2.43% 2.97 AA+
Aaa
04/14/25
04/14/25 450,000.00 $1,043.75 $448,635.40
$449,679.15
$424,686.20
$425,729.95
Federal Home Loan Banks
0.24%
0.60%
2.43% 2.97 AA+
Aaa 450,000.00 $1,043.75 $448,635.40
$449,679.15
$424,686.20
$425,729.95
Federal Home Loan Mortgage
Corporation
Federal Home Loan Mortgage
Corporation
3137ATRW4
GSE MBS
0.10%
2.48%
1.05% 0.07 AA+
Aaa
04/01/22
05/25/22 179,785.24 $355.53 $179,785.24
$180,140.77
$179,654.86
$180,010.39
Federal Home Loan Mortgage
Corporation
3137AXHP1
GSE MBS
0.82%
2.56%
1.35% 0.38 AA+
Aaa
08/23/22
09/25/22 1,446,855.30 3,102.30 1,444,514.44
1,447,616.74
1,451,155.35
1,454,257.65
Federal Home Loan Mortgage
Corporation
3137AXHP1
GSE MBS
0.34%
2.56%
1.35% 0.38 AA+
Aaa
08/23/22
09/25/22 607,679.23 1,302.97 606,696.00
607,998.97
609,485.25
610,788.21
Federal Home Loan Mortgage
Corporation
3137B1BS0
GSE MBS
0.85%
2.45%
1.51% 0.54 AA+
Aaa
10/15/22
11/25/22 1,498,224.94 3,133.79 1,496,291.59
1,499,425.37
1,503,704.10
1,506,837.89
Public Trust Advisors
29 01/01/2022 to 03/31/2022
City of Fullerton - Aggregate
GASB 40
Issuer
Identifier
Security Type
% of Market Value
Book Yield
Market Yield
Duration S&P
Moody's
Effective Maturity
Final Maturity
Current Units Accrued Book Value
Book Value + Accrued
Market Value
Market Value + Accrued
Federal Home Loan Mortgage
Corporation
3137EAEQ8
GSE
1.27%
0.46%
1.77% 1.04 AA+
Aaa
04/20/23
04/20/23 2,280,000.00 3,823.75 2,277,991.99
2,281,815.74
2,246,911.09
2,250,734.84
Federal Home Loan Mortgage
Corporation
3137EAEQ8
GSE
0.37%
0.46%
1.77% 1.04 AA+
Aaa
04/20/23
04/20/23 670,000.00 1,123.65 669,409.93
670,533.57
660,276.50
661,400.15
Federal Home Loan Mortgage
Corporation
3137EAER6
GSE
1.27%
0.39%
1.85% 1.08 AA+
Aaa
05/05/23
05/05/23 2,285,000.00 3,475.10 2,284,649.66
2,288,124.77
2,248,680.68
2,252,155.78
Federal Home Loan Mortgage
Corporation
3137EAES4
GSE
1.16%
0.35%
1.95% 1.22 AA+
Aaa
06/26/23
06/26/23 2,095,000.00 1,382.12 2,092,471.58
2,093,853.70
2,051,653.78
2,053,035.90
Federal Home Loan Mortgage
Corporation
3137B4WB8
GSE MBS
0.29%
1.99%
2.06% 1.16 AA+
Aaa
06/08/23
07/25/23 500,000.00 1,275.00 505,312.73
506,587.73
504,871.90
506,146.90
Federal Home Loan Mortgage
Corporation
3137EAEV7
GSE
0.87%
0.28%
2.08% 1.38 AA+
Aaa
08/24/23
08/24/23 1,585,000.00 407.26 1,584,245.66
1,584,652.91
1,545,227.26
1,545,634.52
Federal Home Loan Mortgage
Corporation
3137EAEV7
GSE
0.26%
0.28%
2.08% 1.38 AA+
Aaa
08/24/23
08/24/23 465,000.00 119.48 464,778.69
464,898.17
453,331.66
453,451.14
Federal Home Loan Mortgage
Corporation
3137EAFA2
GSE
0.99%
0.28%
2.17% 1.65 AA+
Aaa
12/04/23
12/04/23 1,810,000.00 1,470.62 1,808,997.20
1,810,467.83
1,753,013.87
1,754,484.49
Federal Home Loan Mortgage
Corporation
3137EAEP0
GSE
0.45%
1.52%
2.49% 2.77 AA+
Aaa
02/12/25
02/12/25 825,000.00 1,684.38 824,629.34
826,313.72
802,638.92
804,323.29
Federal Home Loan Mortgage
Corporation 9.05%
0.97%
1.85% 1.13 AA+
Aaa 16,247,544.72 $22,655.93 $16,239,774.07
$16,262,430.00
$16,010,605.23
$16,033,261.16
Federal National Mortgage
Association
Federal National Mortgage
Association
3135G06H1
GSE
0.93%
0.29%
2.15% 1.63 AA+
Aaa
11/27/23
11/27/23 1,705,000.00 $1,468.19 $1,703,927.88
$1,705,396.08
$1,652,683.08
$1,654,151.28
Federal National Mortgage
Association
3135G06H1
GSE
0.35%
0.29%
2.15% 1.63 AA+
Aaa
11/27/23
11/27/23 635,000.00 546.81 634,600.71
635,147.51
615,515.40
616,062.21
Federal National Mortgage
Association
3135G0X24
GSE
0.17%
0.42%
2.48% 2.67 AA+
Aaa
01/07/25
01/07/25 300,000.00 1,137.50 309,937.50
311,075.00
293,193.03
294,330.53
Public Trust Advisors
30 01/01/2022 to 03/31/2022
City of Fullerton - Aggregate
GASB 40
Issuer
Identifier
Security Type
% of Market Value
Book Yield
Market Yield
Duration S&P
Moody's
Effective Maturity
Final Maturity
Current Units Accrued Book Value
Book Value + Accrued
Market Value
Market Value + Accrued
Federal National Mortgage
Association
3135G04Z3
GSE
0.16%
0.46%
2.51% 3.14 AA+
Aaa
06/17/25
06/17/25 300,000.00 433.33 300,381.96
300,815.30
281,509.29
281,942.63
Federal National Mortgage
Association
3135G05X7
GSE
0.43%
0.47%
2.48% 3.34 AA+
Aaa
08/25/25
08/25/25 820,000.00 307.50 817,375.29
817,682.79
764,111.83
764,419.33
Federal National Mortgage
Association 2.04%
0.35%
2.27% 2.20 AA+
Aaa 3,760,000.00 $3,893.33 $3,766,223.34
$3,770,116.68
$3,607,012.63
$3,610,905.97
First American Funds, Inc. -
Government Obligations Fund
First American Funds, Inc. -
Government Obligations Fund
31846V203
MMFUND
0.13%
0.01%
0.01% 0.00 AAAm
Aaa
03/31/22
03/31/22 232,036.30 $0.00 $232,036.30
$232,036.30
$232,036.30
$232,036.30
First American Funds, Inc. -
Government Obligations Fund
31846V203
MMFUND
0.17%
0.01%
0.01% 0.00 AAAm
Aaa
03/31/22
03/31/22 292,889.43 0.00 292,889.43
292,889.43
292,889.43
292,889.43
First American Funds, Inc. -
Government Obligations Fund 0.30%
0.01%
0.01% 0.00 AAAm
Aaa 524,925.73 $0.00 $524,925.73
$524,925.73
$524,925.73
$524,925.73
Microsoft Corporation
Microsoft Corporation
594918AT1
CORP
0.26%
0.58%
2.62% 1.05 AAA
Aaa
05/01/23
05/01/23 465,000.00 $4,601.56 $471,914.52
$476,516.08
$463,804.29
$468,405.85
Microsoft Corporation
0.26%
0.58%
2.62% 1.05 AAA
Aaa 465,000.00 $4,601.56 $471,914.52
$476,516.08
$463,804.29
$468,405.85
PACCAR Financial Corp.
PACCAR Financial Corp.
69371RR40
CORP
0.36%
0.52%
2.46% 2.31 A+
A1
08/09/24
08/09/24 665,000.00 $480.28 $664,717.17
$665,197.45
$635,365.49
$635,845.76
PACCAR Financial Corp.
69371RR40
CORP
0.15%
0.52%
2.46% 2.31 A+
A1
08/09/24
08/09/24 280,000.00 202.22 279,880.91
280,083.14
267,522.31
267,724.53
PACCAR Financial Corp.
69371RR57
CORP
0.38%
0.90%
2.62% 2.54 A+
A1
11/08/24
11/08/24 705,000.00 2,520.38 704,963.25
707,483.62
674,691.01
677,211.38
PACCAR Financial Corp.
69371RR57
CORP
0.16%
0.90%
2.62% 2.54 A+
A1
11/08/24
11/08/24 295,000.00 1,054.62 294,984.62
296,039.25
282,317.51
283,372.14
PACCAR Financial Corp.
1.05%
0.72%
2.54% 2.43 A+
A1 1,945,000.00 $4,257.50 $1,944,545.95
$1,948,803.45
$1,859,896.31
$1,864,153.81
PepsiCo, Inc.
Public Trust Advisors
31 01/01/2022 to 03/31/2022
City of Fullerton - Aggregate
GASB 40
Issuer
Identifier
Security Type
% of Market Value
Book Yield
Market Yield
Duration S&P
Moody's
Effective Maturity
Final Maturity
Current Units Accrued Book Value
Book Value + Accrued
Market Value
Market Value + Accrued
PepsiCo, Inc.
713448FB9
CORP
0.31%
0.42%
1.93% 1.50 A+
A1
10/07/23
10/07/23 555,000.00 $1,073.00 $554,839.59
$555,912.59
$542,370.78
$543,443.78
PepsiCo, Inc.
713448FB9
CORP
0.09%
0.42%
1.93% 1.50 A+
A1
10/07/23
10/07/23 165,000.00 319.00 164,952.31
165,271.31
161,245.37
161,564.37
PepsiCo, Inc.
0.40%
0.42%
1.93% 1.50 A+
A1 720,000.00 $1,392.00 $719,791.90
$721,183.90
$703,616.15
$705,008.15
Sallie Mae Bank
Sallie Mae Bank
7954503N3
CD
0.14%
2.40%
0.42% 0.22 BBB-
Baa1
06/20/22
06/20/22 247,000.00 $1,672.83 $247,000.00
$248,672.83
$248,081.12
$249,753.95
Sallie Mae Bank
0.14%
2.40%
0.42% 0.22 BBB-
Baa1 247,000.00 $1,672.83 $247,000.00
$248,672.83
$248,081.12
$249,753.95
State of California City
State of California City
LAIFUND
LGIP
37.13%
0.23%
0.23%
NA
NA
03/31/22
03/31/22 65,805,784.51 $0.00 $65,805,784.51
$65,805,784.51
$65,805,784.51
$65,805,784.51
State of California City
37.13%
0.23%
0.23%
NA
NA 65,805,784.51 $0.00 $65,805,784.51
$65,805,784.51
$65,805,784.51
$65,805,784.51
State of California Successor
Agency
State of California Successor
Agency
LAIFRDA
LGIP
3.02%
0.23%
0.23%
NA
NA
03/31/22
03/31/22 5,357,458.35 $0.00 $5,357,458.35
$5,357,458.35
$5,357,458.35
$5,357,458.35
State of California Successor
Agency 3.02%
0.23%
0.23%
NA
NA 5,357,458.35 $0.00 $5,357,458.35
$5,357,458.35
$5,357,458.35
$5,357,458.35
State of Oregon
State of Oregon
68609TUS5
MUNI
0.11%
0.66%
1.80% 1.07 AA+
Aa1
05/01/23
05/01/23 200,000.00 $545.83 $200,000.00
$200,545.83
$197,552.00
$198,097.83
State of Oregon
68609TWB0
MUNI
0.22%
0.66%
1.80% 1.07 AA+
Aa1
05/01/23
05/01/23 395,000.00 1,078.02 395,000.00
396,078.02
390,165.20
391,243.22
State of Oregon
68609TWB0
MUNI
0.06%
0.66%
1.80% 1.07 AA+
Aa1
05/01/23
05/01/23 115,000.00 313.85 115,000.00
115,313.85
113,592.40
113,906.25
State of Oregon
68609TUS5
MUNI
0.03%
0.66%
1.80% 1.07 AA+
Aa1
05/01/23
05/01/23 55,000.00 150.10 55,000.00
55,150.10
54,326.80
54,476.90
State of Oregon
0.43%
0.66%
1.80% 1.07 AA+
Aa1 765,000.00 $2,087.81 $765,000.00
$767,087.81
$755,636.40
$757,724.21
Public Trust Advisors
32 01/01/2022 to 03/31/2022
City of Fullerton - Aggregate
GASB 40
Issuer
Identifier
Security Type
% of Market Value
Book Yield
Market Yield
Duration S&P
Moody's
Effective Maturity
Final Maturity
Current Units Accrued Book Value
Book Value + Accrued
Market Value
Market Value + Accrued
The Home Depot, Inc.
The Home Depot, Inc.
437076CM2
CORP
0.23%
2.76%
2.73% 2.88 A
NA
04/15/25
04/15/25 415,000.00 $93.38 $414,276.32
$414,369.70
$414,671.88
$414,765.26
The Home Depot, Inc.
437076CM2
CORP
0.10%
2.76%
2.73% 2.88 A
NA
04/15/25
04/15/25 175,000.00 39.38 174,694.83
174,734.21
174,861.64
174,901.01
The Home Depot, Inc.
0.33%
2.76%
2.73% 2.88 A
NA 590,000.00 $132.75 $588,971.16
$589,103.91
$589,533.52
$589,666.27
T oyota Motor Credit
Corporation
Toyota Motor Credit
Corporation
89236TJN6
CORP
1.03%
0.64%
2.70% 2.40 A+
A1
09/13/24
09/13/24 1,910,000.00 $596.88 $1,909,266.10
$1,909,862.97
$1,816,745.09
$1,817,341.97
Toyota Motor Credit
Corporation
89236TJN6
CORP
0.43%
0.64%
2.70% 2.40 A+
A1
09/13/24
09/13/24 810,000.00 253.12 809,688.76
809,941.89
770,452.11
770,705.23
T oyota Motor Credit
Corporation 1.46%
0.64%
2.70% 2.40 A+
A1 2,720,000.00 $850.00 $2,718,954.86
$2,719,804.86
$2,587,197.20
$2,588,047.20
United States Department of
The Treasury
United States Department of
The Treasury
91282CBU4
US GOV
0.12%
0.14%
1.68% 0.99 AA+
Aaa
03/31/23
03/31/23 210,000.00 $0.72 $209,967.26
$209,967.97
$206,776.08
$206,776.80
United States Department of
The Treasury
912828ZP8
US GOV
1.18%
0.13%
1.82% 1.11 AA+
Aaa
05/15/23
05/15/23 2,125,000.00 1,005.27 2,124,791.78
2,125,797.04
2,085,156.25
2,086,161.52
United States Department of
The Treasury
912828ZU7
US GOV
1.18%
0.14%
1.86% 1.20 AA+
Aaa
06/15/23
06/15/23 2,125,000.00 1,561.64 2,127,896.73
2,129,458.37
2,084,242.50
2,085,804.14
United States Department of
The Treasury
91282CCK5
US GOV
0.94%
0.17%
1.92% 1.24 AA+
Aaa
06/30/23
06/30/23 1,700,000.00 534.19 1,699,044.69
1,699,578.87
1,662,414.70
1,662,948.89
United States Department of
The Treasury
91282CAF8
US GOV
0.96%
0.19%
2.04% 1.36 AA+
Aaa
08/15/23
08/15/23 1,750,000.00 271.93 1,748,475.79
1,748,747.71
1,704,746.75
1,705,018.68
United States Department of
The Treasury
91282CAF8
US GOV
0.59%
0.18%
2.04% 1.36 AA+
Aaa
08/15/23
08/15/23 1,080,000.00 167.82 1,079,189.39
1,079,357.21
1,052,072.28
1,052,240.10
Public Trust Advisors
33 01/01/2022 to 03/31/2022
City of Fullerton - Aggregate
GASB 40
Issuer
Identifier
Security Type
% of Market Value
Book Yield
Market Yield
Duration S&P
Moody's
Effective Maturity
Final Maturity
Current Units Accrued Book Value
Book Value + Accrued
Market Value
Market Value + Accrued
United States Department of
The Treasury
9128282D1
US GOV
0.62%
0.18%
2.06% 1.39 AA+
Aaa
08/31/23
08/31/23 1,100,000.00 1,315.22 1,118,619.69
1,119,934.91
1,089,601.70
1,090,916.92
United States Department of
The Treasury
91282CAK7
US GOV
0.60%
0.19%
2.09% 1.44 AA+
Aaa
09/15/23
09/15/23 1,100,000.00 63.52 1,098,997.48
1,099,061.00
1,069,191.20
1,069,254.72
United States Department of
The Treasury
91282CAP6
US GOV
0.75%
0.20%
2.14% 1.52 AA+
Aaa
10/15/23
10/15/23 1,375,000.00 793.27 1,373,439.26
1,374,232.53
1,333,266.00
1,334,059.27
United States Department of
The Treasury
91282CAP6
US GOV
0.50%
0.24%
2.14% 1.52 AA+
Aaa
10/15/23
10/15/23 915,000.00 527.88 913,437.20
913,965.08
887,227.92
887,755.80
United States Department of
The Treasury
91282CAP6
US GOV
0.34%
0.22%
2.14% 1.52 AA+
Aaa
10/15/23
10/15/23 625,000.00 360.58 624,118.75
624,479.33
606,030.00
606,390.58
United States Department of
The Treasury
912828T91
US GOV
0.12%
1.66%
2.13% 1.54 AA+
Aaa
10/31/23
10/31/23 215,000.00 1,466.99 214,895.20
216,362.19
213,303.44
214,770.42
United States Department of
The Treasury
91282CAW1
US GOV
1.45%
0.17%
2.17% 1.60 AA+
Aaa
11/15/23
11/15/23 2,650,000.00 2,507.25 2,653,332.11
2,655,839.37
2,569,257.15
2,571,764.40
United States Department of
The Treasury
912828U57
US GOV
0.18%
2.55%
2.17% 1.62 AA+
Aaa
11/30/23
11/30/23 325,000.00 2,314.73 322,758.84
325,073.57
324,733.50
327,048.23
United States Department of
The Treasury
91282CBA8
US GOV
0.75%
0.18%
2.21% 1.69 AA+
Aaa
12/15/23
12/15/23 1,375,000.00 505.24 1,373,715.89
1,374,221.13
1,327,250.38
1,327,755.61
United States Department of
The Treasury
91282CBA8
US GOV
0.50%
0.26%
2.21% 1.69 AA+
Aaa
12/15/23
12/15/23 915,000.00 336.21 912,844.40
913,180.61
883,224.80
883,561.01
United States Department of
The Treasury
912828V23
US GOV
0.14%
2.53%
2.23% 1.70 AA+
Aaa
12/31/23
12/31/23 240,000.00 1,357.46 238,840.63
240,198.09
240,093.84
241,451.30
United States Department of
The Treasury
91282CDR9
US GOV
0.71%
1.15%
2.24% 1.72 AA+
Aaa
12/31/23
12/31/23 1,280,000.00 2,413.26 1,271,262.11
1,273,675.37
1,247,499.52
1,249,912.78
United States Department of
The Treasury
91282CBE0
US GOV
1.05%
0.26%
2.26% 1.77 AA+
Aaa
01/15/24
01/15/24 1,925,000.00 505.18 1,920,500.15
1,921,005.33
1,853,338.02
1,853,843.20
United States Department of
The Treasury
912828V80
US GOV
0.30%
2.23%
2.27% 1.78 AA+
Aaa
01/31/24
01/31/24 525,000.00 1,957.87 525,171.18
527,129.06
524,774.25
526,732.12
Public Trust Advisors
34 01/01/2022 to 03/31/2022
City of Fullerton - Aggregate
GASB 40
Issuer
Identifier
Security Type
% of Market Value
Book Yield
Market Yield
Duration S&P
Moody's
Effective Maturity
Final Maturity
Current Units Accrued Book Value
Book Value + Accrued
Market Value
Market Value + Accrued
United States Department of
The Treasury
91282CBM2
US GOV
0.18%
0.24%
2.26% 1.86 AA+
Aaa
02/15/24
02/15/24 325,000.00 50.50 324,325.58
324,376.08
312,291.85
312,342.35
United States Department of
The Treasury
91282CBM2
US GOV
0.87%
0.28%
2.26% 1.86 AA+
Aaa
02/15/24
02/15/24 1,600,000.00 248.62 1,595,228.41
1,595,477.03
1,537,436.80
1,537,685.42
United States Department of
The Treasury
91282CBM2
US GOV
1.22%
0.58%
2.26% 1.86 AA+
Aaa
02/15/24
02/15/24 2,250,000.00 349.62 2,230,809.06
2,231,158.68
2,162,020.50
2,162,370.12
United States Department of
The Treasury
91282CBM2
US GOV
0.61%
0.24%
2.26% 1.86 AA+
Aaa
02/15/24
02/15/24 1,120,000.00 174.03 1,117,554.80
1,117,728.84
1,076,205.76
1,076,379.79
United States Department of
The Treasury
91282CBV2
US GOV
0.61%
0.29%
2.33% 2.01 AA+
Aaa
04/15/24
04/15/24 1,120,000.00 1,938.46 1,122,042.68
1,123,981.14
1,076,556.32
1,078,494.78
United States Department of
The Treasury
91282CCC3
US GOV
1.76%
0.33%
2.36% 2.09 AA+
Aaa
05/15/24
05/15/24 3,250,000.00 3,074.93 3,244,767.22
3,247,842.15
3,108,699.75
3,111,774.68
United States Department of
The Treasury
912828XT2
US GOV
0.11%
1.87%
2.37% 2.09 AA+
Aaa
05/31/24
05/31/24 200,000.00 1,340.66 200,543.45
201,884.11
198,437.60
199,778.26
United States Department of
The Treasury
91282CCG4
US GOV
1.64%
0.44%
2.38% 2.18 AA+
Aaa
06/15/24
06/15/24 3,050,000.00 2,241.41 3,037,487.79
3,039,729.20
2,910,962.70
2,913,204.11
United States Department of
The Treasury
9128286Z8
US GOV
1.90%
0.70%
2.38% 2.18 AA+
Aaa
06/30/24
06/30/24 3,400,000.00 14,957.18 3,479,833.61
3,494,790.79
3,353,250.00
3,368,207.18
United States Department of
The Treasury
9128286Z8
US GOV
0.35%
1.41%
2.38% 2.18 AA+
Aaa
06/30/24
06/30/24 625,000.00 2,749.48 629,655.84
632,405.32
616,406.25
619,155.73
United States Department of
The Treasury
91282CCL3
US GOV
0.67%
0.38%
2.39% 2.26 AA+
Aaa
07/15/24
07/15/24 1,235,000.00 972.31 1,234,887.03
1,235,859.34
1,179,665.82
1,180,638.13
United States Department of
The Treasury
91282CCT6
US GOV
0.91%
0.41%
2.42% 2.34 AA+
Aaa
08/15/24
08/15/24 1,700,000.00 792.47 1,698,607.48
1,699,399.95
1,620,179.90
1,620,972.37
United States Department of
The Treasury
91282CCT6
US GOV
0.48%
0.72%
2.42% 2.34 AA+
Aaa
08/15/24
08/15/24 900,000.00 419.54 892,612.25
893,031.79
857,742.30
858,161.84
United States Department of
The Treasury
91282CDB4
US GOV
1.47%
0.77%
2.45% 2.49 AA+
Aaa
10/15/24
10/15/24 2,725,000.00 7,860.58 2,714,948.56
2,722,809.14
2,603,440.48
2,611,301.05
Public Trust Advisors
35 01/01/2022 to 03/31/2022
City of Fullerton - Aggregate
GASB 40
Issuer
Identifier
Security Type
% of Market Value
Book Yield
Market Yield
Duration S&P
Moody's
Effective Maturity
Final Maturity
Current Units Accrued Book Value
Book Value + Accrued
Market Value
Market Value + Accrued
United States Department of
The Treasury
912828YM6
US GOV
0.19%
0.54%
2.45% 2.50 AA+
Aaa
10/31/24
10/31/24 350,000.00 2,204.42 358,554.62
360,759.04
341,742.10
343,946.52
United States Department of
The Treasury
91282CDH1
US GOV
1.69%
1.36%
2.47% 2.56 AA+
Aaa
11/15/24
11/15/24 3,125,000.00 8,869.99 3,075,841.91
3,084,711.91
2,989,503.12
2,998,373.12
United States Department of
The Treasury
912828YV6
US GOV
0.20%
0.43%
2.47% 2.58 AA+
Aaa
11/30/24
11/30/24 365,000.00 1,835.03 375,320.58
377,155.61
355,889.24
357,724.26
United States Department of
The Treasury
912828YY0
US GOV
2.10%
1.82%
2.47% 2.65 AA+
Aaa
12/31/24
12/31/24 3,775,000.00 16,606.87 3,767,926.39
3,784,533.26
3,702,742.72
3,719,349.60
United States Department of
The Treasury
912828YY0
US GOV
0.35%
0.45%
2.47% 2.65 AA+
Aaa
12/31/24
12/31/24 630,000.00 2,771.48 652,288.71
655,060.19
617,941.17
620,712.65
United States Department of
The Treasury
91282CDZ1
US GOV
2.08%
1.84%
2.48% 2.79 AA+
Aaa
02/15/25
02/15/25 3,775,000.00 7,039.02 3,739,571.95
3,746,610.97
3,673,252.42
3,680,291.44
United States Department of
The Treasury
912828ZC7
US GOV
0.14%
0.31%
2.48% 2.84 AA+
Aaa
02/28/25
02/28/25 250,000.00 244.57 255,899.39
256,143.96
240,547.00
240,791.57
United States Department of
The Treasury
912828ZC7
US GOV
0.10%
0.86%
2.48% 2.84 AA+
Aaa
02/28/25
02/28/25 175,000.00 171.20 176,321.53
176,492.73
168,382.90
168,554.10
United States Department of
The Treasury
912828ZF0
US GOV
0.14%
0.27%
2.48% 2.94 AA+
Aaa
03/31/25
03/31/25 265,000.00 3.62 266,825.60
266,829.22
249,907.46
249,911.08
United States Department of
The Treasury
912828ZL7
US GOV
0.23%
0.46%
2.50% 3.02 AA+
Aaa
04/30/25
04/30/25 425,000.00 669.20 423,907.14
424,576.34
398,354.62
399,023.82
United States Department of
The Treasury
912828ZT0
US GOV
0.14%
0.35%
2.51% 3.11 AA+
Aaa
05/31/25
05/31/25 265,000.00 222.05 264,180.77
264,402.82
246,884.86
247,106.91
United States Department of
The Treasury
912828ZT0
US GOV
0.13%
0.36%
2.51% 3.11 AA+
Aaa
05/31/25
05/31/25 250,000.00 209.48 249,139.82
249,349.30
232,910.25
233,119.73
United States Department of
The Treasury
912828ZW3
US GOV
0.18%
0.34%
2.51% 3.20 AA+
Aaa
06/30/25
06/30/25 335,000.00 210.53 333,983.92
334,194.45
311,536.94
311,747.47
United States Department of
The Treasury
91282CAB7
US GOV
0.33%
0.60%
2.51% 3.28 AA+
Aaa
07/31/25
07/31/25 635,000.00 263.12 627,680.37
627,943.49
589,359.38
589,622.50
Public Trust Advisors
36 01/01/2022 to 03/31/2022
City of Fullerton - Aggregate
GASB 40
Issuer
Identifier
Security Type
% of Market Value
Book Yield
Market Yield
Duration S&P
Moody's
Effective Maturity
Final Maturity
Current Units Accrued Book Value
Book Value + Accrued
Market Value
Market Value + Accrued
United States Department of
The Treasury
91282CAM3
US GOV
0.33%
0.64%
2.51% 3.44 AA+
Aaa
09/30/25
09/30/25 635,000.00 4.34 626,490.76
626,495.10
587,251.18
587,255.51
United States Department of
The Treasury
91282CAT8
US GOV
0.25%
0.41%
2.51% 3.52 AA+
Aaa
10/31/25
10/31/25 475,000.00 498.62 472,327.75
472,826.37
438,428.80
438,927.42
United States Department of
The Treasury
91282CAZ4
US GOV
0.21%
0.44%
2.51% 3.59 AA+
Aaa
11/30/25
11/30/25 400,000.00 502.75 399,070.39
399,573.14
370,218.80
370,721.55
United States Department of
The Treasury
91282CBC4
US GOV
0.13%
0.59%
2.49% 3.68 AA+
Aaa
12/31/25
12/31/25 250,000.00 235.67 247,990.46
248,226.13
231,132.75
231,368.42
United States Department of
The Treasury
91282CBC4
US GOV
0.37%
0.70%
2.49% 3.68 AA+
Aaa
12/31/25
12/31/25 700,000.00 659.88 691,474.58
692,134.45
647,171.70
647,831.58
United States Department of
The Treasury
91282CBH3
US GOV
0.12%
0.84%
2.50% 3.76 AA+
Aaa
01/31/26
01/31/26 230,000.00 142.96 225,952.52
226,095.48
212,201.91
212,344.87
United States Department of
The Treasury
91282CBQ3
US GOV
0.37%
0.74%
2.51% 3.83 AA+
Aaa
02/28/26
02/28/26 700,000.00 304.35 693,417.81
693,722.15
647,910.20
648,214.55
United States Department of
The Treasury
91282CBQ3
US GOV
0.45%
1.10%
2.51% 3.83 AA+
Aaa
02/28/26
02/28/26 865,000.00 376.09 845,201.65
845,577.73
800,631.89
801,007.98
United States Department of
The Treasury
91282CBT7
US GOV
0.34%
0.78%
2.50% 3.90 AA+
Aaa
03/31/26
03/31/26 650,000.00 13.32 649,230.18
649,243.50
606,861.45
606,874.77
United States Department of
The Treasury
91282CBW0
US GOV
0.20%
0.87%
2.50% 3.96 AA+
Aaa
04/30/26
04/30/26 375,000.00 1,180.94 373,133.94
374,314.88
349,702.12
350,883.06
United States Department of
The Treasury
91282CCF6
US GOV
0.36%
0.70%
2.50% 4.05 AA+
Aaa
05/31/26
05/31/26 675,000.00 1,696.77 676,351.23
678,048.00
628,541.10
630,237.87
United States Department of
The Treasury
91282CCJ8
US GOV
0.26%
0.91%
2.49% 4.12 AA+
Aaa
06/30/26
06/30/26 485,000.00 1,066.80 484,319.48
485,386.28
453,550.66
454,617.46
United States Department of
The Treasury
91282CCP4
US GOV
0.42%
0.78%
2.48% 4.23 AA+
Aaa
07/31/26
07/31/26 800,000.00 828.73 794,883.79
795,712.52
739,187.20
740,015.93
United States Department of
The Treasury
91282CCZ2
US GOV
0.63%
1.18%
2.48% 4.36 AA+
Aaa
09/30/26
09/30/26 1,200,000.00 28.69 1,184,239.28
1,184,267.97
1,118,437.20
1,118,465.89
Public Trust Advisors
37 01/01/2022 to 03/31/2022
City of Fullerton - Aggregate
GASB 40
Issuer
Identifier
Security Type
% of Market Value
Book Yield
Market Yield
Duration S&P
Moody's
Effective Maturity
Final Maturity
Current Units Accrued Book Value
Book Value + Accrued
Market Value
Market Value + Accrued
United States Department of
The Treasury
91282CEC1
US GOV
0.48%
1.87%
2.42% 4.65 AA+
Aaa
02/28/27
02/28/27 875,000.00 1,426.63 875,405.88
876,832.51
852,852.00
854,278.63
United States Department of
The Treasury 38.65%
0.69%
2.31% 2.27 AA+
Aaa 70,990,000.00 $107,423.10 $70,881,534.71
$70,988,957.82
$68,380,529.44
$68,487,952.55
Portfolio T otal
100.00%
0.53%
1.42% 2.02 AA
Aa1
06/25/23
06/26/23 180,607,713.31 $160,641.42 $180,492,018.81
$180,652,660.23
$177,049,931.35
$177,210,572.77
Public Trust Advisors
49 01/01/2022 to 03/31/2022
City of Fullerton - Aggregate
This information is for the sole purposes of the client and is not intended to provide specific advice or recommendations. Please review the contents of this information carefully. Should you have any questions regarding the information presented, calculation methodology, investment portfolio, security detail, or any other facet of this information, please feel free to contact us.
Public Trust Advisors, LLC (Public Trust) statements and reports are intended to detail our investment advisory activity as well as the activity of any client accounts managed by Public Trust. The custodian bank maintains the control of assets and executes and settles all investment transactions. The custodian statement is the official record of security and cash holdings transactions. Public Trust recognizes that clients may use these reports to facilitate record keeping; therefore, it is recommended that the client reconcile this information with their custodian bank statement. Many custodians use a settlement date basis that may result in the need to reconcile due to a timing difference. The underlying market value, amortized cost, and accrued interest may differ between the custodian and this statement or report. This can be attributable to differences in calculation methodologies and pricing sources used. Please contact your relationship manager or call us at (855) 395-3954 with questions regarding your account.
Public Trust does not have the authority to withdraw funds from or deposit funds to the custodian. Our clients retain responsibility for their internal accounting policies, implementing and enforcing internal controls, and generating ledger entries or otherwise recording transactions. The total market value represents prices obtained from various sources; it may be impacted by the frequency at which prices are reported, and such prices are not guaranteed. Prices received from pricing vendors are generally based on current market quotes but when such quotes are not available, the pricing vendors use a variety of techniques to estimate value. These estimates, particularly for fixed-income securities, may be based on certain minimum principal amounts (e.g. $1 million) and may not reflect all the factors that affect the value of the security including liquidity risk. The prices provided are not firm bids or offers. Certain securities may reflect N/A or unavailable where the price for such security is generally not available from a pricing source. The market value of a security, including those priced at par value, may differ from its purchase price and may not closely reflect the value at which the security may be sold or purchased based on various market factors. The securities in this investment portfolio, including shares of mutual funds, are not guaranteed or otherwise protected by Public Trust, the FDIC (except for certain non-negotiable certificates of deposit), or any government agency unless specifically stated otherwise.
Clients may be permitted to establish one or more unmanaged accounts for the purposes of client reporting. Public Trust defines an unmanaged account as one where the investment direction remains the sole responsibility of the client rather than the Investment Manager. These accounts do not receive ongoing supervision and monitoring services. The Investment Manager does not make any investment recommendations and may not charge a fee for reporting on these accounts. The primary purpose for this service is to include unmanaged accounts owned by the client in the performance reports provided by the Investment Manager. The Investment Manager assumes no liability for the underlying performance of any unmanaged accounts or assets, and it is the client’s sole responsibility for the accuracy or correctness of any such performance.
Beginning and ending balances are based on market value plus accrued interest on a trade date basis. Statements and reports made available to the end user either from Public Trust or through the online reporting platform may present information and portfolio analytics using various optional methods including, but not limited to, historical cost, amortized cost, and market value. All information is assumed to be correct, but the accuracy has not been confirmed and therefore is not guaranteed to be correct. Information is obtained from third party sources that may or may not be verified. The data in this report is unaudited and is only applicable for the date denoted on the report. Market values may change day-to-day based on numerous circumstances such as trading volume, news released about the underlying issuer, issuer performance, etc. Underlying market values may be priced via numerous aspects as certain securities are short term in nature and not readily traded. Performance results are shown net of all fees and expenses and reflect the reinvestment of dividends and other earnings.
Many factors affect performance including changes in market conditions and interest rates and in response to other economic, political, or financial developments. Investment involves risk including the possible loss of principal.
No assurance can be given that the performance objectives of a given strategy will be achieved. Past performance is no guarantee of future results. Any financial and/or investment decision may incur losses.
The investment advisor providing these services is Public Trust Advisors, LLC, an investment adviser registered with the U.S. Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940, as amended.
Registration with the SEC does not imply a certain level of skill or training. Public Trust is required to maintain a written disclosure brochure of our background and business experience. If you would like to receive a copy of our current disclosure brochure, Privacy Policy, or Code of Ethics, please contact us.
Disclaimers
Disclaimers
Contact
Regional Office
550 S. Hope Street, Suite 560
Los Angeles, CA 90071
Headquarters
717 17th Street, Suite 1850
Denver, CO 80202