Agenda packet — Gardena City Council, January 28, 2025 (part 1 of 3)

GARDENA CITY COUNCIL
Regular Meeting Notice and Agenda
Council Chamber at City Hall
1700 West 162
nd
Street, Gardena, California
Website:
www.cityofgardena.org
Tuesday, January 28, 2025
Closed Session 7:00 p.m.

Open Session 7:30 p.m.

TASHA CERDA
,
Mayor
RODNEY G. TANAKA
,
Mayor Pro Tem
MARK E. HENDERSON
,
Council Member
PAULETTE C. FRANCIS
,
Council Member

WANDA LOVE
,
Council Member

MINA SEMENZA
,
City Clerk
GUY H. MATO,
City Treasurer

CLINT OSORIO
, City Manager

CARMEN VASQUEZ
,
City Attorney

LISA KRANITZ
,
Assistant City Attorney
If you would like to participate in this meeting, you can participate via the following options:
1 .

VIEW THE MEETING live on SPECTRUM CHANNEL 22 or ONLINE at youtube.com/CityofGardena

2 .

PARTICIPATE BEFORE THE MEETING
by emailing the Deputy City Clerk at
[email protected]
by 5:00p.m. on the day of the meeting and write
"Public Comment" in the subject line.
3 .

ATTEND THE MEETING IN PERSON

PUBLIC COMMENT
:

The City Council will hear from the public on any item on the agenda or any item of interest that is not on the agenda at the following times:

Agenda Items – At the time the City Council considers the item or during Oral Communications
Non-agenda Items – During Oral Communications
Public Hearings – At the time for Public Hearings listed on the Agenda If you wish to address the Council, please complete a “Speaker Request” form and present it to the City Clerk or Sergeant of Arms. You will be called to the podium by name when it is your turn to address the Council. The City Council cannot legally take action on any item not scheduled on the Agenda. Such items may be referred for administrative action or scheduled on a future Agenda. Members of the public wishing to address the City Council will be given three (3) minutes to speak. 4 .

The City of Gardena, in complying with the Americans with Disabilities Act (ADA), requests individuals who require special accommodations to access, attend and/or participate in the City meeting due to disability, to please contact the City Clerk's Office by phone (310) 217-9565 or email
[email protected]
at least 24 business
hours prior to the scheduled general meeting to ensure assistance is provided. Assistive listening devices are available.

1. ROLL CALL

2. CLOSED SESSION

2.A

CONFERENCE WITH LEGAL COUNSEL- EXISTING LITIGATION
Government Code Section 54956.9(d)(1)
Devon Bush v. City of Gardena, et al.

Los Angeles Superior Court Case No. 20STCV37651

2.B

CONFERENCE WITH LEGAL COUNSEL- EXISTING LITIGATION
Government Code Section 54956.9(d)(1)
Young Sook Im v. City of Gardena, et al.

Los Angeles Superior Court Case No. 24TRCV03691

3. PLEDGE OF ALLEGIANCE
Purche Avenue Elementary School

4. INVOCATION

5. PRESENTATIONS

5.A
Gardena Events Video Presentation

6. PROCLAMATIONS

7. APPOINTMENTS

STANDARDS OF BEHAVIOR THAT PROMOTE CIVILITY AT ALL PUBLIC MEETINGS Treat everyone courteously;
Listen to others respectfully;
Exercise self-control;
Give open-minded consideration to all viewpoints;
Focus on the issues and avoid personalizing debate; and Embrace respectful disagreement and dissent as democratic rights, inherent components of an inclusive public process, and tools for forging sound decisions Thank you for your attendance and cooperation

PUBLIC COMMENT ON CLOSED SESSION

CITY ATTORNEY REPORT OUT OF CLOSED SESSION

7.A
Council Appointments to Commissions, Committees, Councils and Boards (Appointees to be Ratified and Sworn In)
Recreation and Parks Commission - Dontae Rayford
(Appointed by Council Member Love)
Beautification Commission - Sam Kang
(Appointed by Council Member Francis)

8. CONSENT CALENDAR

NOTICE TO THE PUBLIC
- Roll Call Vote Required On The Consent Calendar
All matters listed under the Consent Calendar will be enacted by one motion unless a Council Member requests Council discussion, in which case that item will be removed from the Consent Calendar and considered separately following this portion of the agenda.

PUBLIC COMMENT ON CONSENT CALENDAR

8.A
Waiver of Reading in Full of All Ordinances Listed on this Agenda and that they be Read by Title Only
CONTACT: CITY CLERK

8.B
Approve Minutes:

Regular Meeting of the City Council, January 14, 2025
CONTACT: CITY CLERK

01142025 CC MEETING - FINAL.pdf

8.C
Approval of Warrants/Payroll Register, January 28, 2025 CONTACT: ADMINISTRATIVE SERVICES

Warrant-Payroll Register 01-28-25.pdf

8.D
Monthly Investment Portfolio, December 2024
CONTACT: ADMINISTRATIVE SERVICES

December 2024 Investment Report.pdf

8.E
Personnel Report P-2025-2 01-28-25
CONTACT: ADMINISTRATIVE SERVICES

PERS RPT P-2025-2 1-28-25.pdf

8.F
Acceptance of Work and Notice of Completion for the Pedestrian Safety Improvement FY 2023-2024 Project (Phase 2), JN 527
CONTACT: PUBLIC WORKS

JN527 Ped safety Ph 2 NOC.pdf

JN 527_District 2 Map.pdf

9. EXCLUDED CONSENT CALENDAR

10. PLANNING & ENVIRONMENTAL QUALITY COMMISSION ACTION SHEET

10.A
JANUARY 21, 2025
-
Meeting Cancelled

11. ORAL COMMUNICATIONS (
LIMITED TO A 30-MINUTE PERIOD)
Oral Communications by the public will be heard for one-half hour at or before 8:30 p.m. or at the conclusion of the last agenda item commenced prior to 8:30 p.m. Oral Communications not concluded at that time shall be resumed at the end of the meeting after Council Reports. Speakers are to limit their remarks to three minutes, unless extended by the Mayor. An amber light will appear to alert the speaker when two minutes are complete, and a red light will appear
when three minutes are over. Your cooperation
is appreciated.

12. DEPARTMENTAL ITEMS - ADMINISTRATIVE SERVICES

12.A
Approval of Investment Management Services Agreement with Chandler Asset Management, Inc., for a Period of Three Years, Not to Exceed $240,000, with Two (2) One-Year Renewal Options
Staff Recommendation: Approve Agreement

psa - chandler asset mgmt-2025.pdf

13. DEPARTMENTAL ITEMS - COMMUNITY DEVELOPMENT

13.A
Second Reading and Adoption of Ordinance No. 1878
, Amending Section

18.08.010 of the Gardena Municipal Code Relating to Established Zones, Amending the Gardena Zoning Map by Rezoning the 5.25 Acre Property Located at 16829, 16835, and 16907 South Normandie Avenue to Normandie Crossing Specific Plan, Rezoning the 0.11 Acre Property located at 16964 Brighton Avenue to Single Family Residential, Rezoning the 0.43 Acre Property located at the Eastern Edge of the Specific Plan Area to Official, Approving the Normandie Crossing Specific Plan, including the Site Plan Contained therein, Approving a Development Agreement, and Approving an Affordable Housing Agreement Relating to the Normandie Crossing Specific Plan
PROJECT LOCATION: 16829, 16835, 16907, and 16911 S. Normandie Avenue OTHER LOCATIONS: 16964 Brighton Avenue and unaddressed Union Pacific Railroad parcel (APN: 6106-030-800)
APPLICANT: Fred Shaffer and Steve Ludwig – 16911 Normandie Associates, LLC Staff Recommendation: Adopt Ordinance No. 1878

Ordinance No. 1878

Exhibit A - Normandie Crossing Specific Plan Zone Change for ZC #4-21

Exhibit B - Normandie Crossing Specific Plan

Exhibit C - Project Plans

Exhibit D - Conditions of Approval

Exhibit E - Development Agreement

Exhibit F - Affordable Housing Agreement

13.B

PUBLIC HEARING
:

ORDINANCE NO. 1875,
Amending Chapter 18.66 and
Section 18.36.020 and adding Chapter 5.80 to the Gardena Municipal Code relating to Non-Storefront Retail Medicinal Cannabis Delivery Service Businesses Staff Recommendation: This item will be re-noticed for a future City Council Meeting date

14. DEPARTMENTAL ITEMS - ELECTED & CITY MANAGER'S OFFICES

15. DEPARTMENTAL ITEMS - POLICE

16. DEPARTMENTAL ITEMS - PUBLIC WORKS

16.A
Approve Southern California Edison's Agreement for Installation and Conveyance of Facilities for the Electric Vehicle Chargers at Rowley Park and the Police Department's Public Parking Lot on 162nd Street
Staff Recommendation: Approve Southern California Edison's Agreement for Installation and Conveyance of Facilities for Rowley Park and the Police Department's Public Parking Lot on 162nd Street

PD Parking Lot Conveyance Letter.pdf

Rowley Park Conveyance Letter.pdf

Exhibit A_Rowley Park Structure.png

Exhibit B_PD Parking Lot Structure.png

17. DEPARTMENTAL ITEMS - RECREATION & HUMAN SERVICES

18. DEPARTMENTAL ITEMS - TRANSPORTATION

19. COUNCIL ITEMS

19.A
RESOLUTION NO. 6692
, Discuss and Consider Adopting Resolution No 6692
Censuring Council Member Love for Unprofessional Behavior Towards City Staff Staff Recommendation:

Discuss and Consider Adopting Resolution No. 6692

RESO. NO. 6692.pdf

20. COUNCIL DIRECTIVES

21. CITY MANAGER REMARKS RE: DIRECTIVES / COUNCIL ITEMS

22. COUNCIL REMARKS
1 .

MAYOR PRO TEM TANAKA
2 .

COUNCIL MEMBER LOVE
3 .

COUNCIL MEMBER FRANCIS
4 .

MAYOR CERDA
5 .

COUNCIL MEMBER HENDERSON

23. ANNOUNCEMENT(S)

24. REMEMBRANCES
Ms. Essie Edwards
; 98 years of age and a long time Gardena resident.

25. ADJOURNMENT
The Gardena City Council will adjourn to the Closed Session portion of the City Council Meeting at 7:00 p.m. followed by the Regular City Council Meeting at 7:30 p.m. on Tuesday, February 11, 2025.

I hereby certify under penalty of perjury under the laws of the State of California that the foregoing agenda was posted in the City Hall lobby not less than 72 hours prior to the meeting. A copy of said Agenda is available on our website at www.CityofGardena.org
.

Dated this 24th day of January 2025

/s/ MINA SEMENZA
MINA SEMENZA, City Clerk

1 MINUTES
Regular Meeting of the
Gardena City Council
Tuesday, January 14, 2025

The Regular Meeting Notice and Agenda of the Gardena City Council of the City of Gardena, California, was called to order at 7:03 PM on Tuesday, January 14, 2025, in the Council Chamber at City Hall 1700 West 162
nd Street, Gardena, California, Mayor Tasha Cerda,
presiding.

1. ROLL CALL

Present: Mayor Tasha Cerda; Mayor Pro Tem Rodney G. Tanaka; Council Member Mark E. Henderson; Council Member Paulette C. Francis; Council Member Wanda Love; Other City Officials and Employees present: City Manager Clint Osorio; City Attorney Carmen Vasquez; City Clerk Mina Semenza; and Deputy City Clerk Becky Romero.

PUBLIC COMMENT ON CLOSED SESSION

2. CLOSED SESSION

2.A CONFERENCE WITH LEGAL COUNSEL -ANTICIPATED LITIGATION Initiation of litigation pursuant to paragraph (4) of subdivision (d) of Section 54956.9

(One [1] Matter)

2.B CONFERENCE WITH LEGAL COUNSEL - ANTICIPATED LITIGATION Significant exposure to litigation, pursuant to subdivision (d)(2) of Government Code Section 54956.9

One Potential Case.

CITY ATTORNEY REPORT OUT OF CLOSED SESSION

Mayor Cerda reconvened the meeting to the Regular Open Session at 8: 26 p.m., and the City Clerk noted the return of all Council Members, who were present at the meeting. When City Attorney Vasquez was asked if there was any reportable action from Closed Session, she reported the following:

With regards to Closed Session Item 2.A, direction was given to initiate litigation, with a unanimous vote of 5 to 0. The action, the defendant(s) and other particulars shall, once formally commenced, be disclosed to any person upon inquiry, unless to do so would jeopardize the City's ability to effectuate service of process on one or more unserved parties pursuant to GC Sec. 54957.1(a)(2).

With regards to Closed Session Item 2.B, Council Member Love was recused from this item. The other four (4) Council Members were present and voted 3-1 with Mayor Tasha Cerda, Mayor Pro Tem Rodney Tanaka and Dr. Mark Henderson voting in favor, and Council Member Paulette Francis voting against, to waive the attorney client privilege and direct the City Attorney to read the executive summary of the investigation that was sent to the City Attorney and HR Manager Diana Schnur by special counsel Scott 2 Tiedemann from LCW, who coordinated the investigation. The executive summary reads as follows: “the City retained attorney Jeff Love to investigate concerns regarding the conduct of Council Member Wanda Love towards two City employees. This investigation aimed to determine whether Council Member Love’s action constituted inappropriate behavior and considered findings from a prior inquiry involving one of the employees.

The findings regarding employee number one. The investigation substantiated allegations that Council Member Love unfairly criticized employee one in connection with two City projects – The Willows Wetland Grant Project, and the demolition of Chase Bank building. With regards to the Willows project, the Council Member criticized employee one, alleging failures in stakeholder communication. However, the evidence demonstrated that employee one had compiled with all applicable protocols and Council Member Love’s complaints were unfounded. With regards to the Chase Bank demolition, Council Member Love alleged inadequate neighbor notification, and dust mitigation efforts. The investigation found that employee one adhered to all legal requirements and implemented inappropriate measures to mitigate dust, including fencing and water- based controls. The investigation identified a pattern of tension resulting from employee one’s refusal to comply with Council Member Love’s request to prioritize specific contractors for City projects. Employee one’s adherence to established procurement rules and the failure to route operational concerns through the appropriate supervisory channels appeared to contribute to the concerns.

Findings regarding employee number two. The investigation also substantiated allegations regarding Council Member Love’s conduct towards employee number two during a City event. The Council Member expressed dissatisfaction with the placement of her booth at the event, perceiving it as less favorable compared to another elected official’s booth. Council Member Love made statements suggesting that she would raise the issue during a public meeting which employee two reasonably interrupted as a potential threat to their job security. The investigation found that Council Member Love’s remarks were inappropriate and caused employee two undue apprehension. In a broader context, the investigation revealed a pattern of Council Member Love bypassing appropriate channels for addressing operational concerns. Instead of engaging through supervisory structures, Council Member Love directly communicated with staff and occasionally involved other City officials in a manner inconsistent with City protocols. In conclusion, the investigation concluded that Council Member Love’s conduct towards both employees was inappropriate and substantiated the allegations. The behavior, which included unfounded criticisms and targeting of employees, created unnecessary strain and undermined the ability of City staff to perform their duties effectively. To date, the City has spent approximately $20,000 in the investigation.”

3. PLEDGE OF ALLEGIANCE

Nathan Gomez led the Pledge of Allegiance. Nathan is 9 years old and participates in the City’s youth sports league program as well as the A fter-School program and many events.

He enjoys everything fun, including sports. Nathan has an awesome little sister and one more on the way. Nathan introduced his mother.

4. INVOCATION

Pastor James Chang from Gardena Valley Baptist Church led the Invocation.

3 5. PRESENTATIONS

5.A Presentation of the "Holiday Home Decoration Contest 2024" Winners – Council Member Francis spoke and introduced the video presentation.

5.B Certificate of Commendation in Special Recognition of Retirement and Long- Time Service to the City of Gardena:

1. Vicente Osorio - Captain with the Gardena Police Department - 29.8 Years – Chief Saffell spoke and accepted the Certificate of Commendation on Captain Osorio’s behalf.

2. Anthony Gonzalez - Park Maintenance Worker I with the Public Works Department - 26.4 Years – Director Allan Rigg spoke and accepted the Certificate of Commendation on Anthony Gonzalez’s behalf.

5.C Gardena Events Video Presentation

6. PROCLAMATIONS

6.A "Martin Luther King Jr. Celebration Week," January 13 through 20, 2025 – was accepted by Council Member Paulette C. Francis, Chair and Members of the Dr. Martin Luther King Jr. Cultural Committee of Gardena

A motion was made by Mayor Cerda to take Item 13.A out of order on the Agenda.

It was moved by Mayor Cerda, seconded by Council Member Francis, and carried by the following roll call vote to take Item 13.A out of order on the Agenda:

Ayes: Mayor Cerda, Council Member Franics, and Mayor Pro Tem Tanaka Council Members Henderson and Love
Noes:

Absent: None

13. DEPARTMENTAL ITEMS - COMMUNITY DEVELOPMENT

13.A AGENDA TITLE: Consideration of a Project to certify an EIR, adopt a mitigation monitoring program, adopt a statement of overriding considerations and make other CEQA findings, approve a Land Use Plan change, adopt an Ordinance approving a Specific Plan, Site Plan, and Development Agreement to develop a 5.25 acre property located at 16829, 16835, and 16907 South Normandie Avenue (between 169th and 170th Streets and east of Brighton Way) with a 333 unit project consisting of 75 townhomes and a 285 unit apartment building that will be 5 stories above grade (70 feet), and approve a vesting tentative map for the same. Additionally, the Project includes consideration of Land Use Plan changes and zoning map changes for the properties located at 16964 Brighton Avenue and the 0.43 Acre Property located to the east of the Project Site to match existing uses. Entitlement requests include: RESOLUTION NO. 6683: Certifying an Environmental Impact Report, Adopting a Mitigation Monitoring and Reporting Program, Adopting a Statement of Overriding Considerations and making CEQA Findings Relating to the Project; and RESOLUTION NO. 6684: Amending the Land Use Plan of the City of Gardena General Plan for the of the 5.25 Acre Property to Specific Plan, Changing the Land Use Designation of the 0.11 Acre Property located at 16964 Brighton Avenue to Single Family Residential, and the 0.43 Acre

4 Property located at the Eastern Edge of the Specific Plan Area to Public/Institutional and Making Minor Text Changes; and ORDINANCE NO. 1878: Amending the Gardena Municipal Code to add the Normandie Crossing Specific Plan, Amending the Gardena Zoning Map t o Rezone the 5.25 Acre Property to Normandie Crossing Specific Plan, Rezoning the 0.11 Acre Property located at 16964 Brighton Avenue to Single Family Residential, Rezoning the 0.43 Acre Property located at the Eastern Edge of the Specific Plan Area to Off icial, Approving the Normandie Crossing Specific Plan, including the Site Plan Contained therein, Approving a Development Agreement, and Approving an Affordable Housing Agreement; and RESOLUTION NO. 6685: Approving Vesting Tentative Map No. 83922 (VTM #4-21), to Merge Four Lots into one with 75 Condominiums for the Townhomes and one Parcel for the Apartment Building. PROJECT LOCATION: 16829, 16835, 16907, and 16911 S. Normandie Avenue OTHER LOCATIONS: 16964 Brighton Avenue and unaddressed Union Pacific Railroad parcel (APN: 6106-030-800) APPLICANT: Fred Shaffer and Steve Ludwig – 16911 Normandie Associates, LLC

City Manager Osorio presented the staff report.

There were presentations given by: Community Development Manager Amanda Acuna, the City’s Environmental Consultant James Thomas, the Applicants Steven Ludwig and Fred Shaffer, and Dana Sayles, of 360, the Land Use Consultant.

Mayor Cerda asked if anyone had asked to speak on this item and if the Council had any comments or questions. She opened the Public Hearing at 9:00 p.m. and the following people spoke in Support of the Project:

Eduardo Padilla Andrea Martinez
Brandon Smith Jessica Orozco
Tal Zemer Christian Cabrera
Mario Matamoros Gavin Hamels

Public Speakers listed below spoke in Opposition of the Project:

Kyle Patterson Jason Mun
Ray Lawson Jesus Camargo
Salvador George John Hydro
Anastasia Canlas Hyunah Suh
Joyce S. Watanabe Silvio Carrara
Jeanne Nakano Rose Sato
Rudy Martinez Carrie Ishitani
Annie Roddy Ronald Wright-Scherr
Tish McCauley Michael Hall
Roslyn Franklin German Soria
Cory Shiozaki Joyce Segawa
Jessie Carara on behalf Juan Luna
of Jacqueline Kordones Ronisha Roberson
Kerry Doi Steve Gancherov
Maria Garcia Villalobos Pedro Huerta
Hideki Obayashi

5 Questions and comments were made by all Members of the Council, along with representatives from the Western States Carpenter’s Union, Ray Lawson, and Salvador George.

Applicants Steven Ludwig and Fred Shaffer, Dana Sayles, Land Use Consultant , Attorney Dave Rand, Community Development Manager Acuna, City Manager Osorio, and City Attorney Vasquez answered all questions.

Mayor Cerda closed the Public Hearing at 1:24 a.m.

RESOLUTION NO. 6683

A RESOLUTION OF THE CITY OF GARDENA, CALIFORNIA,

CERTIFYING AN ENVIRONMENTAL IMPACT REPORT,

ADOPTING A MITIGATION MONITORING AND REPORTING

PROGRAM, ADOPTING A STATEMENT OF OVERRIDING

CONSIDERATIONS AND MAKING CEQA FINDINGS

RELATING TO THE PROJECT

It was moved by Mayor Cerda, seconded by Council Member Henderson, and carried by the following roll call vote to Open the Public Hearing; hear the Applicant’s presentation; receive testimony from the Public; allow three (3) minutes for each speaker and to Adopt Resolution No. 6683:

Ayes: Mayor Cerda, Council Member Henderson, and Mayor Pro Tem Tanaka Noes Council Members Francis and Love
Absent None

RESOLUTION NO. 6684

A RESOLUTION OF THE CITY OF GARDENA, CALIFORNIA,

AMENDING THE LAND USE PLAN OF THE CITY OF
GARDENA GENERAL PLAN FOR THE OF THE 5.25 ACRE

PROPERTY TO SPECIFIC PLAN, CHANGING THE LAND
USE DESIGNATION OF THE 0.11 ACRE PROPERTY
LOCATED AT 16964 BRIGHTON AVENUE TO SINGLE
FAMILY RESIDENTIAL, AND THE 0.43 ACRE PROPERTY

LOCATED AT THE EASTERN EDGE OF THE SPECIFIC PLAN

AREA TO PUBLIC/INSTITUTIONAL AND MAKING MINOR

TEXT CHANGES

It was moved by Council Member Henderson, seconded by Mayor Pro Tem Tanaka, and carried by the following roll call vote to Open the Public Hearing; hear the Applicant’s presentation; receive testimony from the Public; allow three (3) minutes for each speaker and to Adopt Resolution No. 6684:

Ayes: Council Member Henderson, Mayor Pro Tem Tanaka, and Mayor Cerda, Noes Council Members Francis and Love
Absent None

6 ORDINANCE NO 1878

AN ORDINANCE OF THE CITY OF GARDENA, CALIFORNIA,

AMENDING THE GARDENA MUNICIPAL CODE TO ADD THE

NORMANDIE CROSSING SPECIFIC PLAN, AMENDING THE
GARDENA ZONING MAP TO REZONE THE 5.25 ACRE

PROPERTY TO NORMANDIE CROSSING SPECIFIC PLAN,
REZONING THE 0.11 ACRE PROPERTY LOCATED AT 16964

BRIGHTON AVENUE TO SINGLE FAMILY RESIDENTIAL,
REZONING THE 0.43 ACRE PROPERTY LOCATED AT THE

EASTERN EDGE OF THE SPECIFIC PLAN AREA TO

OFFICIAL, APPROVING THE NORMANDIE CROSSING

SPECIFIC PLAN, INCLUDING THE SITE PLAN CONTAINED

THEREIN, APPROVING A DEVELOPMENT AGREEMENT,

AND APPROVING AN AFFORDABLE HOUSING

AGREEMENT

It was moved by Council Member Henderson to Open the Public Hearing; hear the Applicant’s presentation; receive testimony from the Public; allow three (3) minutes for each speaker and to introduce Ordinance No. 1878 as is. No second was received, and the motion died.

Questions and comments were made by all Members of the Council regarding amending the Ordinance to revise the Development Agreement to require more frequent compliance reporting.

It was moved by Mayor Pro Tem Tanaka, seconded by Council Member Henderson, and carried by the following roll call vote to Open the Public Hearing; hear the Applicant’s presentation; receive testimony from the Public; allow three (3) minutes for each speaker and to Introduce Ordinance No. 1878 with the Amendment to revise the Development Agreement to require quarterly compliance reporting:

Ayes: Mayor Pro Tem Tanaka, Council Member Henderson, and Mayor Cerda, Noes: Council Members Francis and Love

Absent:None

RESOLUTION NO. 6685

A RESOLUTION OF THE CITY OF GARDENA, CALIFORNIA,
APPROVING VESTING TENTATIVE MAP NO. 83922 (VTM
#4-21), TO MERGE FOUR LOTS INTO ONE WITH 75

CONDOMINIUMS FOR THE TOWNHOMES AND ONE

PARCEL FOR THE APARTMENT BUILDING

7 Ayes: Council Member Henderson, Mayor Pro Tem Tanaka, and Mayor Cerda, Noes: Council Members Francis and Love

Absent: None

7. APPOINTMENTS - None

8. CONSENT CALENDAR

8.A Waiver of Reading in Full of All Ordinances Listed on this Agenda and that they be Read by Title Only
CONTACT: CITY CLERK

8.B Approve Minutes:

Regular Meeting of the City Council, December 17, 2024
CONTACT: CITY CLERK

8.C Approval of Warrants/Payroll Register, December 24, 2024 CONTACT: ADMINISTRATIVE SERVICES

December 24, 2024: Wire Transfer: 12855- 12873; Prepay: 178711 -178714; Check Numbers: 178715-178919 for Total Warrants issued in the amount of $4,449,728.52; Total Payroll Issued for December 13, 2024: 1,993,091.67

8.D Approval of Warrants/Payroll Register, January 14, 2025

January 14, 2025: Wire Transfer: 128 74-12886; Prepay: 178 920; Check Numbers:
178921-179086 for Total Warrants issued in the amount of $3, 373;999.98 Total Payroll Issued for December 27, 2024: $2,512,303.40; Total Payroll Issued for January 10, 2025: $2,579,957.46

CONTACT: ADMINISTRATIVE SERVICES

8.E Monthly Investment Portfolio, November 2024
CONTACT: ADMINISTRATIVE SERVICES

8.F Personnel Report P-2025-1 01-14-25
CONTACT: ADMINISTRATIVE SERVICES

It was moved by Mayor Pro Tem Tanaka, seconded by Council Member Henderson, and carried by the following roll call vote to Approve the Consent Calendar:

Ayes: Mayor Pro Tem Tanaka, Council Members Henderson, Francis and Love, and Mayor Cerda
Noes: None

Absent: None

9. EXCLUDED CONSENT CALENDAR

8 10. PLANNING & ENVIRONMENTAL QUALITY COMMISSION ACTION SHEET

10.A DECEMBER 17, 2024 - Meeting Cancelled

10.B JANUARY 7, 2025, MEETING

1818 West Redondo Beach Boulevard, the Tire House Progress Report As requested by the Planning Commission at the October 1, 2024, meeting, staff presented an update report on the Tire House Inc.’s progress with meeting the requirements of Site Plan Review #4-15.

Commission Action: The Planning Commission motioned to postpone the adoption of Resolution No. PC 10-24 to the February 4, 2025, meeting, by a vote of 5-0.

City Council Action: No action needed.

This Item Required No Action by the City Council.

10.C JANUARY 7, 2025, MEETING

CONDITIONAL USE PERMIT #1-24 (MODIFICATION TO CUP #219-68), SITE PLAN REVIEW #1-24, AND ADMINISTRATIVE ADJUSTMENT #1-24
The Planning Commission considered a request to modify the conditional use permit for a high school located within the R - 1 zone, including a site plan review for the demolition of a 9,036 SF church building and proposing a new 7,500 SF facility in its place, featuring two classrooms, an administrative area, and a covered canopy, to continue serving the existing school on the property. The request also included an administrative adjustment to the off-street parking requirements, seeking a 12% reduction in the number of required spaces —from 104 to 93 spaces. The request was considered for an exemption from CEQA.

APPLICANT: Farnaz Golshani- Flecher, Farnaz Golshan-Flechner, Environmental Charter High School
LOCATION: 2818 Manhattan Beach Blvd; APN: (4067-007-005)

Commission Action: The Planning Commission approved Resolution No. PC 1- 25, by a vote of 4 -0-1, approving a modification to Conditional Use Permit #219-68, Site Plan Review #1 -24, and Administrative Adjustment #1- 24, with an added condition for the applicants to work with local church leaders prior to the demolition of the church building, and directed staff to file a Notice of Exemption.

City Council Action: Receive and file OR Call for Review (By way of two votes from the City Council).

This Item was Called for Review by Mayor Cerda.

9 11. ORAL COMMUNICATIONS

1) Pablo Arakaki – Ladybug Café Owner – he thanked Mayor Cerda for her visit to the restaurant and the Police Department for their unconditional and constant support. – came to ask for an update regarding the business next door to him, as it is affected his business, and he hopes you can find a prompt solution to this issue and bring back the sense of security and peacefulness.

12. DEPARTMENTAL ITEMS - ADMINISTRATIVE SERVICES – No Items

13. DEPARTMENTAL ITEMS – COMMUNITY DEVELOPMENT –

Agenda Item 13.A was moved to be heard after 6. PROCLAMATIONS on the Agenda.

14. DEPARTMENTAL ITEMS - ELECTED & CITY MANAGER'S OFFICES – No Items

15. DEPARTMENTAL ITEMS - POLICE

15.A Rejection of all Bids for Request for Proposals (RFP) for Police Incident Major Response Vehicle (MIRV)

City Manager Osorio presented the staff report.

Mayor Cerda asked if anyone had asked to speak on this item and if the Council had any comments or questions.

Questions and Comments were made by Council Members Francis and Love.

Chief Saffell answered all questions.

It was moved by Mayor Pro Tem Tanaka, seconded by Council Member Love , and carried by the following roll call vote to Reject all bids received for the Police Incident Major Response Vehicle (MIRV) project. Authorize Staff to re - issue a Request for Proposals (RFP):

Ayes: Mayor Pro Tem Tanaka, Council Members Love , Francis and Henderson, and Mayor Cerda
Noes: None

Absent: None

15.B Approve Three-Year Agreement with Peregrine Technologies, Inc. for Data Integration Services in the Amount Not to Exceed $273,000

City Manager Osorio presented the staff report.

Chief Saffell introduced Jordan Karasik, representative of Peregrine Technologies, Inc. who presented a PowerPoint.

Mayor Cerda asked if anyone had asked to speak on this item and if the Council had any comments or questions.

10 Questions and Comments were made by Council Member Francis and Henderson, Mayor Pro Tem Tanaka, and Mayor Cerda.

Jordan Karasik answered all questions.

It was moved by Council Member Henderson, seconded by Council Member Love, and carried by the following roll call vote to Approve Agreement:

Ayes: Council Members Henderson, and Love, Mayor Pro Tem Tanaka, Council Member Francis, and Mayor Cerda
Noes: None

Absent: None

15.C Notification of Eligibility for Funding in the Amount of $99,023 Under the Tobacco Grant Program Award for the 2024 - 2028 Grant Cycle

City Manager Osorio presented the staff report.

Mayor Cerda asked if anyone had asked to speak on this item and if the Council had any comments or questions.

It was moved by Council Member Love, seconded by Council Member Francis, and carried by the following roll call vote to Accept Grant Award and Authorize Expenditures:

Ayes: Council Members Love, and Francis, Mayor Pro Tem Tanaka, Council Member Henderson, and Mayor Cerda
Noes: None

Absent: None

16. DEPARTMENTAL ITEMS - PUBLIC WORKS – No Items

17. DEPARTMENTAL ITEMS - RECREATION & HUMAN SERVICES – No Items

18. DEPARTMENTAL ITEMS – TRANSPORTATION – No Items

19. COUNCIL ITEMS – No Items

20. COUNCIL DIRECTIVES

Council Member Henderson

Subject: Direct staff to develop a Code of Conduct for Council Members

Purpose – Establish a clear understanding of the role of Council in relation to how we should communicate appropriately with staff through our City Manager; Reason – Prevent future potential lawsuits directed at the City of Gardena; Benefit – Cost mitigation / cost savings.

Mayor Pro Tem Tanaka seconded it.

11 Mayor Cerda

Subject: Direct staff to prepare a Resolution of Censorship for Council Member Love for unprofessional behavior that was reported out of Closed Session

Purpose – Censor behavior;
Reason – Make sure our employees and community understand that this is not acceptable; Benefit – We would not have to pay for investigations out of our general fund.

Council Member Henderson seconded it.

21. CITY MANAGER REMARKS RE: DIRECTIVES / COUNCIL ITEMS

1) He mentioned he sent a memo out to the City Council regarding the abandoned Residential Properties assessment.

22. COUNCIL REMARKS

1) COUNCIL MEMBER LOVE – She mentioned it has been quite the night. She does not have any remarks.

2) COUNCIL MEMBER FRANCIS – She mentioned it being passed 2 am in the morning she will save her remarks for the next time we meet.

3) COUNCIL MEMBER HENDERSON – He said let’s keep our communities in prayers for those in Altadena and Pacific Palisades. It’s hard to say Happy New Years when folks have lost everything. He mentions let do what we can to support those in other communities.

4) MAYOR CERDA – She will push her remarks to the next time because she has a lot of remarks as far as previous events.

5) MAYOR PRO TEM TANAKA – He mentioned he would push his remarks as well. Adding that we must pray for all those that are suffering right now through these wildfires.

Families have lost family members, houses have been burnt to the ground, and you really must thank our LA County Firefighters, our City Firefighters, and people who did mutual aid because they have been away from their own families for over a week. Some of them have already lost their homes while they are fighting fires to save our homes. We thank our Sheriffs, and our Police. The Mayor and himself got word today that the former Mayor of Ichikawa, Japan passed away, Mayor Okubo. He was a great guy; he wants to send out his condolences out to the family.

23. ANNOUNCEMENT(S)

1) Dr. Martin Luther King Jr. Commemorative Parade and Celebration has been Postponed to Saturday, February 22, 2025, from 10:00 a.m. to 3:00 p.m.; 2) Recycle Christmas Tree – Curbside pickup on regularly scheduled collection day or drop off at the Roll-Off Container at Rowley Park, Johnson Park, or Mas Fukai Park. This will be from December 26, 2025, through January 22, 2025;

12 3) Soccer Fundamentals – Location will be Bell Park, age groups from kindergarten through 4th grade. For more information visit our website. www.cityofgardena.org/events. Or visit the Nakaoka Community Center;
4) Ministerial Association Luncheon – Thursday, January 23, 2025, from 11:00 a.m. to 1:00 p.m. at the Nakaoka Community Center;
5) Gardena Fair Housing Workshop – Wednesday, January 29, 2025, from 2:00 p.m. to 4:00 p.m. at the Nakaoka Community Center;
6) Interactive Online Comment Map – Last chance to share your thought about the three Park concept designs. Please visit GardenaNewParkDesigns.com; 7) Teen Night – Friday, February 7, 2025, from 6:30 p.m. to 9:30 p.m. at the Nakaoka Community Center; and
8) Parent Workshop – Friday, February 7, 2025, from 6:30 p.m. to 8:00 p.m. at the Nakaoka Community Center.

24. REMEMBRANCES

Mr. Jimmy Carter, who was our 39th President of the United States.

Mr. Hiroshi Okubo, Former Mayor of our Sister-City Ichikawa, Japan. We had the Pleasure of having Mr. Okubo visit the City of Gardena in 2017 during the 55th Sister City Anniversary between Gardena and Ichikawa.

Victims in Wildfires, w e would like to mention all the victims in the wildfires that are currently happening in Southern California, our thoughts and prayers are with everyone that is affected by this tragedy.

25. ADJOURNMENT

At 2:19 a.m. Mayor Cerda Adjourned the Gardena City Council Meeting to the Closed Session portion of the City Council Meeting at 7:00 p.m. and the Regular City Council Meeting at 7:30 p.m. on January 28, 2025.

MINA SEMENZA
City Clerk of the City of Gardena and
APPROVED:

Ex-officio Clerk of the Council

______________________________ By:___________________________ Tasha Cerda, Mayor Becky Romero, Deputy City Clerk

01/23/2025
Voucher List

CITY OF GARDENA
1 11:19:38AM
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Bank code : usb
Voucher Date Vendor Invoice PO # Description/Account Amount 12887 12/18/2024 419620 SELF-INSURANCE PLANS OSIP 72734 023-01579 2024/2025 ASSESSMENT FEES 150,806.76 Total : 150,806.76
12888 1/6/2025 112401 PINNACLE CLAIMS MANAGEMENT INC 010625 HEALTH INSURANCE CLAIMS 104,594.83 Total : 104,594.83
12889 1/9/2025 112441 ANTHEM BLUE CROSS LIFE &, HEALTH INSURANCE COMPANY365992327262 HEALTH INSURANCE CLAIMS 145,378.62 Total : 145,378.62
12890 1/9/2025 112401 PINNACLE CLAIMS MANAGEMENT INC JANUARY 2025 HEALTH & LIFE INSURANCE, SERVICE FEE 85,887.74 023-01546
Total : 85,887.74
12891 1/9/2025 112401 PINNACLE CLAIMS MANAGEMENT INC 010825 HEALTH INSURANCE CLAIMS 19,604.67 Total : 19,604.67
12892 1/9/2025 112401 PINNACLE CLAIMS MANAGEMENT INC 010925 HEALTH INSURANCE CLAIMS 58,761.60 Total : 58,761.60
12893 12/17/2024 111374 LINCOLN NATIONAL LIFE, INSURANCE COMPANY4770768420 023-01561 LIFE INSURANCE GRP PLANS - DEC 2024 3,231.31 Total : 3,231.31
179087 1/15/2025 113209 BEYOND GLOBAL GROUP, LLC 2025-001 MLK PARADE SUPPLIES 300.00 Total : 300.00
179088 1/15/2025 113208 WARRIOR BEVERAGE 2025-001 MLK PARADE SUPPLIES 300.00 Total : 300.00
179089 1/23/2025 112778 AUTOCLAIMS DIRECT INC. 24-39PW CLAIM SETTLEMENT 175.00 Total : 175.00
179090 1/28/2025 113097 148TH GARDENA LLC RA-SPIVEY 02/2025 RENTAL ASSISTANCE PROGRAM 420.00 Total : 420.00
179091 1/28/2025 112963 ABDELMALEK, RAMI 10024-0374 PROPERTY INFORMATION REPORT REFUND 117.00 Total : 117.00
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Voucher Date Vendor Invoice PO # Description/Account Amount 179092 1/28/2025 108948 ADAMS-NAULLS, VICKEY DECEMBER 2024 VOLUNTEER DRIVER 21.00

21.00VOLUNTEER DRIVERNOVEMBER 2024
Total : 42.00
179093 1/28/2025 101748 AFTERMARKET PARTS COMPANY LLC, THE 83609214 037-10360 GTRANS AUTO PARTS 413.93 Total : 413.93
179094 1/28/2025 111697 ALLDATA LLC INVC05247339 PW AUTOMOTIVE YEARLY SUBSCRIPTION 1,500.00 Total : 1,500.00
179095 1/28/2025 112571 AMBIT CONSTRUCTION &, DESIGN, INC. JN 512 RETENTION GTRANS DISPATCH REMODELING PROJECT 26,445.28 Total : 26,445.28
179096 1/28/2025 110028 ANSER ADVISORY MANAGEMENT LLC 28510 024-01108 ARTESIA BLVD. STREET IMPROVEMENT, JN 935 752.50 024-01108 3,152.50ARTESIA BLVD. STREET IMPROVEMENT, JN 93529612 037-10228 13,551.00PROJECT MGMT SUPPORT - ELECTRIFICATION P29717 Total : 17,456.00
179097 1/28/2025 108625 ARAD OIL INC. DECEMBER 2024. CAR WASH 264.00 240.00CAR WASHOCTOBER 2024.

Total : 504.00
179098 1/28/2025 112640 ARELLANO ASSOCIATES, LLC 21936 037-10284 MICROTRANSIT SERVICE COMMUNITY OUTREACH 3,857.25 037-10284 3,349.85MICROTRANSIT SERVICE COMMUNITY OUTREACH22033 Total : 7,207.10
179099 1/28/2025 104687 AT&T 22829570 TELEPHONE 1,604.10 909.24TELEPHONE22836353
217.07TELEPHONE22889519
Total : 2,730.41
179100 1/28/2025 616090 AT&T 3103232408 01/01/25 TELEPHONE 5,257.05 Total : 5,257.05
179101 1/28/2025 111170 AT&T FIRSTNET 287290885074X011025 023-01559 CITYWIDE CELL PHONE ACCT #287290885074 1,644.87 023-01559 2,016.17PD CELL PHONE ACCT #287293416290287293416290X011025 023-01559 2,014.17PD CELL PHONE ACCT #287293416290287293416290X121024 023-01559 312.73PD CELL PHONE ACCT #287293420631287293420631X011025 2Page:
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CITY OF GARDENA
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Voucher Date Vendor Invoice PO # Description/Account Amount 179101 1/28/2025 (Continued)111170 AT&T FIRSTNET
023-01559 287.13PD CELL PHONE ACCT #287295242065287295242065X011025 023-01559 2,092.53CITYWIDE CELL PHONE ACCT #287298156560287298156560X011025 023-01559 1,986.80BUS CELL PHONE ACCT #287303490376287303490376X011025 023-01559 51.03GTRANS CELL PHONE ACCT #287324972943287324972943X011025 Total : 10,405.43
179102 1/28/2025 100964 AT&T MOBILITY 828667974X01162025 CM CELL PHONE ACCT #828667974 86.46 Total : 86.46
179103 1/28/2025 112942 AWP SAFETY 40017550 SIGNS - 9" GARDENA SNS "PAUL TANAKA" 105.30 Total : 105.30
179104 1/28/2025 109824 AXON ENTERPRISE INC. INUS269553 035-01368 PD PROGRAM SUPPLIES 70,277.85 035-01369 79,858.44BODY WORN CAMERA ANNUAL SERVICEINUS278012 Total : 150,136.29
179105 1/28/2025 113174 AXXESS DOOR CORP 15087 SERVICE CALL - REC AUTOMATIC SLIDING DOO 2,110.80 Total : 2,110.80
179106 1/28/2025 112240 AZ HOLDINGS LLC RA-BAILEY 02/2025 RENTAL ASSISTANCE PROGRAM 537.50 Total : 537.50
179107 1/28/2025 110686 AZTECH ELEVATOR COMPANY AZ19194 037-10378 ELEVATOR MAINTENANCE - GTRANS 83.33 037-10378 83.33ELEVATOR MAINTENANCE - GTRANSAZ19273
3,695.63ELEVATOR REPAIR - PWAZ19338
Total : 3,862.29
179108 1/28/2025 105853 BABCOCK ASSOCIATES, LTD RA-SMITH 02/2025 RENTAL ASSISTANCE PROGRAM 276.75 Total : 276.75
179109 1/28/2025 112503 BARENTINE, LINDA DECEMBER 2024 VOLUNTEER DRIVER 35.00

28.00VOLUNTEER DRIVERNOVEMBER 2024
Total : 63.00
179110 1/28/2025 102400 BAYSIDE MEDICAL CENTER 00175559 BLOOD DRAW 63.60 508.80BLOOD DRAW00176571

63.60BLOOD DRAW00176697
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Voucher Date Vendor Invoice PO # Description/Account Amount 179110 1/28/2025 (Continued)102400 BAYSIDE MEDICAL CENTER 254.40BLOOD DRAW00177734
Total : 890.40
179111 1/28/2025 113094 BEACH FRONT PROPERTIES RA-SANCHEZ 02/2025 RENTAL ASSISTANCE PROGRAM 368.75 Total : 368.75
179112 1/28/2025 103641 BECNEL UNIFORMS 75898 BUS UNIFORM SUPPLIES 1,100.92 109.45BUS UNIFORM SUPPLIES76154
276.99BUS UNIFORM SUPPLIES76273
869.98BUS UNIFORM SUPPLIES76441

27.32BUS UNIFORM SUPPLIES76520
Total : 2,384.66
179113 1/28/2025 102135 BEHRENDS, KENT 303 023-01545 IT NETWORK SUPPORT - DECEMBER 2024 3,400.00 Total : 3,400.00
179114 1/28/2025 112184 BONFIRELA PRODUCTIONS 1868 037-10361 LINE 7X DIGITAL DISPLAY MARKETING SERVIC 7,250.00 Total : 7,250.00
179115 1/28/2025 113198 BOWEN, ERIC PERMIT #50021-0581 PERMIT DEPOSIT REFUND - 12915 VAN NESS A 7,500.00 Total : 7,500.00
179116 1/28/2025 112722 BP FORD OF LONG BEACH FOCS723355 2022 FORD INTRCPTR #1630457 SERVICE 1,130.48 Total : 1,130.48
179117 1/28/2025 111902 BPR CONSULTING GROUP LLC 2365 032-00173 CONSULTING SERVICES - DECEMBER 2024 24,381.77 Total : 24,381.77
179118 1/28/2025 107144 BSN SPORTS LLC 927901488 REC PROGRAM SUPPLIES 554.20 Total : 554.20
179119 1/28/2025 112674 BUCK SIGNS & GRAPHICS INC 2846 GTRANS BUS DECAL SUPPLIES 233.45 Total : 233.45
179120 1/28/2025 113055 CADMAN GROUP RA-LEE 02/2025 RENTAL ASSISTANCE PROGRAM 538.50 Total : 538.50
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Voucher Date Vendor Invoice PO # Description/Account Amount 179121 1/28/2025 113215 CALIFORNIA JPIA INV8048 RISK MANAGEMENT EVALUATION FEE 1,000.00 Total : 1,000.00
179122 1/28/2025 110313 CALTIP 94-2024-DECEMBER 037-10356 INSURANCE CLAIMS DEDUCTIBLE - DECEMBER 2 2,876.13 Total : 2,876.13
179123 1/28/2025 113138 CASINO HOUSE PARTIES 010725 RENTAL - GTRANS 2024 AWARDS EVENT 2,000.00 Total : 2,000.00
179124 1/28/2025 113062 CBA PROPERTY MANAGEMENT, INC RA-BRUCE 02/2025 RENTAL ASSISTANCE PROGRAM 343.75 Total : 343.75
179125 1/28/2025 112721 CDS SO CAL 3-119186 PW SERVICE CALL - LABOR & SUPPLIES 271.87 Total : 271.87
179126 1/28/2025 303331 CDTFA OCT-DEC 2024 UNDERGROUND STORAGE TANK MAINT FEE 812.00 Total : 812.00
179127 1/28/2025 111966 CELEDON'S EXERCISE EQUIPMENT, SERVICE1172 GTRANS FITNESS EQUIPMENT MAINT 701.20 Total : 701.20
179128 1/28/2025 110605 CHANDLER ASSET MANAGEMENT 2412GARDENA 013-00032 INVESTMENT MGMT SERVICES - DECEMBER 2024 2,642.55 Total : 2,642.55
179129 1/28/2025 113048 CHANG, JULIA C RA-FRANCO 02/2025 RENTAL ASSISTANCE PROGRAM 412.50 Total : 412.50
179130 1/28/2025 112462 CHAO, LOUISE T. DECEMBER 2024 VOLUNTEER DRIVER 56.00

35.00VOLUNTEER DRIVERNOVEMBER 2024
Total : 91.00
179131 1/28/2025 108378 CHARLES E. THOMAS COMPANY INC. 112427 037-10367 SERVICE CALL - NOZZLE ISSUE 1,035.88 037-10414 10,412.01FACILITIES INSPECTION SERVICES113577 037-10367 222.21DESIGNATED OPERATOR SERVICE115497
Total : 11,670.10
179132 1/28/2025 104126 CHARTER COMMUNICATIONS 187854501010725 023-01555 CABLE & BACKUP INTERNET SERVICES 4,271.78 5Page:
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Voucher Date Vendor Invoice PO # Description/Account Amount (Continued) Total : 4,271.78 179132 1/28/2025 104126 104126 CHARTER COMMUNICATIONS 179133 1/28/2025 111612 CHARTER COMMUNICATIONS PERMIT #18292 PERMIT DEPOSIT REFUND - 16012 S WESTERN 3,000.00 Total : 3,000.00
179134 1/28/2025 112664 CHEN, WEIMIN DECEMBER 2024 VOLUNTEER DRIVER 7.00

28.00VOLUNTEER DRIVERNOVEMBER 2024
Total : 35.00
179135 1/28/2025 318105 CITY OF REDONDO BEACH 582204 ANNUAL TRANSIT CENTER RENT 2025 1.00 Total : 1.00
179136 1/28/2025 110985 CIVICPLUS, LLC 326498 034-00680 RECREATION MGMT SOFTWARE LICENSE 15,955.93 Total : 15,955.93
179137 1/28/2025 111534 CLEAN ENERGY CE12726172 037-10389 CNG O&M SERVICES - AUGUST 2024 12,917.00 037-10389 12,917.00CNG O&M SERVICES - NOVEMBER 2024CE12744312 Total : 25,834.00
179138 1/28/2025 111534 CLEAN ENERGY CE12726173 037-10389 CNG O&M SERVICES - SEPTEMBER 2024 12,917.00 Total : 12,917.00
179139 1/28/2025 113199 COATS, RICK D. CIT #311132404 REFUND - INTERCEPTED BY THE FRANCHISE TA 120.00 Total : 120.00
179140 1/28/2025 113195 COLA, DANIELLE PERMIT #18136 PERMIT DEPOSIT REFUND - W ROSECRANS AVE 1,000.00 Total : 1,000.00
179141 1/28/2025 111708 COMMLINE, INC. 0479314 GTRANS BUS RADIO SYSTEM SUPPLIES 437.60 Total : 437.60
179142 1/28/2025 109913 COSTAR REALTY INFORMATION INC. 121671475 032-00174 COSTAR SUITE - JANUARY 2025 417.31 Total : 417.31
179143 1/28/2025 103353 CRM COMPANY, LLC. LA26309 SCRAP TIRE DISPOSAL FEE 69.50

69.50SCRAP TIRE DISPOSAL FEELA26310

69.50SCRAP TIRE DISPOSAL FEELA26326

69.50SCRAP TIRE DISPOSAL FEELA26327
6Page:
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CITY OF GARDENA
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Voucher Date Vendor Invoice PO # Description/Account Amount (Continued) Total : 278.00 179143 1/28/2025 103353 103353 CRM COMPANY, LLC. 179144 1/28/2025 106572 CULVER CITYBUS 061824 REGIONAL BUS ROADEO ENTRANCE FEES 1,200.00 Total : 1,200.00
179145 1/28/2025 106193 CUMMINS SALES AND SERVICE 07-250113077 INSITE SOFTWARE LICENSE RENEWAL 840.00 037-10370 977.07GTRANS AUTO PARTSX4-241254424
037-10370 510.51GTRANS AUTO PARTSX4-250154491
037-10370 3,323.11GTRANS AUTO PARTSX4-250154563
037-10370 192.98GTRANS AUTO PARTSX4-250154564
Total : 5,843.67
179146 1/28/2025 111938 DANDOY GLASS 22097 WINDOW GLASS REPLACEMENT - NCC 510.00 Total : 510.00
179147 1/28/2025 105951 DECALS BY DESIGN, INC. 19059 037-10408 DECALS FOR BOLT MICROTRANSIT VEHICLES 35,867.66 Total : 35,867.66
179148 1/28/2025 105182 DIRECTV 064118066X241220 DIRECTV SERVICE - BUSINESS XTRA - GTRANS 112.00 Total : 112.00
179149 1/28/2025 107268 DIVISION OF THE STATE, ARCHITECT OCT-DEC 2024 SB 1186 DISABILITY ACCESS & EDUCATION 1,095.20 Total : 1,095.20
179150 1/28/2025 110849 DMS CONSULTANTS CIVIL, ENGINEERS, INC GA-008-4 024-01056 LOCAL STREET IMPROVEMENTS, JN 525 17,339.50 Total : 17,339.50
179151 1/28/2025 104718 DOZIER, ERMA NOVEMBER 2024 VOLUNTEER DRIVER 21.00 Total : 21.00
179152 1/28/2025 111712 DUNG TANG RA-PHAM 02/2025 RENTAL ASSISTANCE PROGRAM 450.00 Total : 450.00
179153 1/28/2025 105418 EMPIRE CLEANING SUPPLY S6845280 034-00666 CUSTODIAL SUPPLIES 1,840.59 034-00666 781.90CUSTODIAL SUPPLIESS6856410
034-00666 455.22CUSTODIAL SUPPLIESS6856426
Total : 3,077.71
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Voucher Date Vendor Invoice PO # Description/Account Amount 179154 1/28/2025 105392 ENTENMANN-ROVIN COMPANY 0185239 PD UNIFORM SUPPLIES 565.98 272.97PD UNIFORM SUPPLIES0185240
Total : 838.95
179155 1/28/2025 113206 ESKANDARI, AFSHIN PERMIT #50022-0739 PERMIT DEPOSIT REFUND - 16919 S. NEW HAM 5,000.00 Total : 5,000.00
179156 1/28/2025 100055 FAIR HOUSING FOUNDATION DECEMBER 2024 FAIR HOUSING SERVICES 1,632.00 Total : 1,632.00
179157 1/28/2025 106129 FEDEX 8-736-54689 SHIPPING SERVICES 26.38 Total : 26.38
179158 1/28/2025 111415 FILTERBUY, INC BAFEC8C7-0028 GTRANS AUTO PARTS 457.75 458.29GTRANS AUTO PARTSBAFEC8C7-0030
116.31GTRANS AUTO PARTSBAFEC8C7-0031
Total : 1,032.35
179159 1/28/2025 103083 FIRST ADVANTAGE LNS OCC HEALTH, SOLUTIONS2503242412 DRUG TEST/ADMIN FEE 782.61 Total : 782.61
179160 1/28/2025 113038 FIRSTPRO PROPERTY MANAGEMENT RA-RIVERS 02/2025 RENTAL ASSISTANCE PROGRAM 440.00 Total : 440.00
179161 1/28/2025 112329 FM THOMAS AIR CONDITIONING INC 47649 HVAC REPAIRS FOR CITY HALL 590.00 Total : 590.00
179162 1/28/2025 113081 FOUR STAR INVESTIGATIONS, LLC 042624 035-01367 PD INVESTIGATIVE SERVICES 7,598.09 Total : 7,598.09
179163 1/28/2025 106465 FOX FIRST AID & SAFETY INC 74379 GTRANS PROGRAM SUPPLIES 263.99 Total : 263.99
179164 1/28/2025 112889 FUJIMOTO, TED DECEMBER 2024 VOLUNTEER DRIVER 21.00

21.00VOLUNTEER DRIVERNOVEMBER 2024
Total : 42.00
179165 1/28/2025 207303 GARCIA, PEGGY DECEMBER 2024 VOLUNTEER DRIVER 42.00 8Page:
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Voucher Date Vendor Invoice PO # Description/Account Amount 179165 1/28/2025 (Continued)207303 GARCIA, PEGGY

56.00VOLUNTEER DRIVERNOVEMBER 2024
Total : 98.00
179166 1/28/2025 107011 GARDENA VALLEY NEWS 00148730 SUMMARY OF ORDINANCE NO. 1876 133.00 196.00NOTICE OF PUBLIC HEARING - CUP #1-2400148763
336.00NOTICE OF PUBLIC HEARING - SP #1-2100148971
287.00NOTICE OF PUBLIC HEARING - EA #9-2100149174
Total : 952.00
179167 1/28/2025 619005 GAS COMPANY, THE 058-854-91703 010825 CNG FUEL 1,355.14 Total : 1,355.14
179168 1/28/2025 106470 GILLIG LLC 41252189 037-10120 GTRANS AUTO PARTS 96,028.59 Total : 96,028.59
179169 1/28/2025 106470 GILLIG LLC 41252299 037-10120 GTRANS AUTO PARTS 7,149.10 037-10371 1,142.71GTRANS AUTO PARTS41259222
037-10371 173.79GTRANS AUTO PARTS41259223
037-10371 360.82GTRANS AUTO PARTS41260407
Total : 8,826.42
179170 1/28/2025 619004 GOLDEN STATE WATER CO. 010925 WATER 1,106.95 Total : 1,106.95
179171 1/28/2025 107513 GRAINGER 9300918241 STREET MAINT SUPPLIES 105.51

64.04STREET MAINT SUPPLIES9319685807
037-10372 98.00GTRANS FACILITY SUPPLIES9345099296
598.39SEWER PROGRAM SUPPLIES9350042447
604.68SEWER PROGRAM SUPPLIES9350512472
101.08PW AUTO SUPPLIES9363914889
214.01STREET MAINT SUPPLIES9365183731
037-10372 21.45GTRANS FACILITY SUPPLIES9370448848
Total : 1,807.16
179172 1/28/2025 112374 GRIFFIN STRUCTURES, INC. GSI-GCASC-24 REV 024-00910 AQUATIC & SENIOR CENTER JN978 19,331.40 Total : 19,331.40
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Voucher Date Vendor Invoice PO # Description/Account Amount 179173 1/28/2025 113193 GRUNDCO 06762 035-01371 PD DEPT RENOVATIONS 48,885.00 Total : 48,885.00
179174 1/28/2025 113096 GUNAWAN, WILLIAM RA-DUFFEY 02/2025 RENTAL ASSISTANCE PROGRAM 748.75 Total : 748.75
179175 1/28/2025 105553 HARRIS, DONNY 122624 ANNUAL DEPT COOK-OFF REIMBURSEMENT 578.12 Total : 578.12
179176 1/28/2025 113202 HAYES, KIMBERLEE RECEIPT #79739516 MAINTENANCE DEPOSIT REFUND 250.00 Total : 250.00
179177 1/28/2025 108949 HELM, SUSAN DECEMBER 2024 VOLUNTEER DRIVER 42.00

28.00VOLUNTEER DRIVERNOVEMBER 2024
Total : 70.00
179178 1/28/2025 112076 HERNANDEZ, ROSA 025 12/30/24 INTERN SERVICES - 12/12-12/31/24 1,512.00 Total : 1,512.00
179179 1/28/2025 113196 HOANG, THINH PERMIT #50024-0102 PERMIT DEPOSIT REFUND - 15243 ATKINSON A 5,000.00 Total : 5,000.00
179180 1/28/2025 108434 HOME DEPOT CREDIT SERVICES 2900241 PD PROGRAM SUPPLIES -10.99 123.28PARK MAINT SUPPLIES3542455
204.06BLDG MAINT SUPPLIES4340451

66.14CUSTODIAL SUPPLIES4803585
-436.90GTRANS MAINT SUPPLIES5221909
-13.75GTRANS MAINT SUPPLIES6904413

73.28REC PROGRAM SUPPLIES7512219

27.12REC PROGRAM SUPPLIES7541772
103.99REC PROGRAM SUPPLIES8183946
Total : 136.23
179181 1/28/2025 111696 INDICATOR REEF, LLC RA-BRYANT 02/2025 RENTAL ASSISTANCE PROGRAM 625.00 Total : 625.00
179182 1/28/2025 111696 INDICATOR REEF, LLC RA-QUIROZ 02/2025 RENTAL ASSISTANCE PROGRAM 376.25 10Page:
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Voucher Date Vendor Invoice PO # Description/Account Amount (Continued) Total : 376.25 179182 1/28/2025 111696 111696 INDICATOR REEF, LLC 179183 1/28/2025 112385 INGRAM, PRESCILLA R. DECEMBER 2024 VOLUNTEER DRIVER 49.00

35.00VOLUNTEER DRIVERNOVEMBER 2024
Total : 84.00
179184 1/28/2025 106714 INTERSTATE BATTERIES OF, CALIFORNIA COAST, INC.130112643 037-10373 GTRANS AUTO PARTS 558.84 037-10373 698.55GTRANS AUTO PARTS130112763
Total : 1,257.39
179185 1/28/2025 111715 ISLAND BREEZE APARTMENTS RA-HERNANDEZ 02/2025 RENTAL ASSISTANCE PROGRAM 463.00 Total : 463.00
179186 1/28/2025 110733 J & S PROPERTY MANAGEMENT AND, MAINTENANCE, INC8867 LANDSCAPE MAINTENANCE SERVICE - 2,089.65 Total : 2,089.65
179187 1/28/2025 100436 J.J. KELLER & ASSOCIATES, INC 9109765404 037-10383 FLEET MANAGEMENT AND COMPLIANCE SOFTWARE 532.18 Total : 532.18
179188 1/28/2025 110010 JANEK CORPORATION, THE 116052 GTRANS SHOP SUPPLIES 551.25 Total : 551.25
179189 1/28/2025 110853 JONES MAYER 126862 ATTORNEY SERVICES 18,594.73 2,097.27ATTORNEY SERVICES126863
2,056.52ATTORNEY SERVICES126864

23.75ATTORNEY SERVICES126865
4,055.12ATTORNEY SERVICES126866
3,562.71ATTORNEY SERVICES126867
Total : 30,390.10
179190 1/28/2025 110853 JONES MAYER 126847 020-00055 ATTORNEY SERVICES 11,431.27 202.76ATTORNEY SERVICES126848
231.74ATTORNEY SERVICES126849
878.33ATTORNEY SERVICES126850
745.34ATTORNEY SERVICES126851
724.13ATTORNEY SERVICES126852
380.05ATTORNEY SERVICES126853
463.46ATTORNEY SERVICES126854
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Voucher Date Vendor Invoice PO # Description/Account Amount 179190 1/28/2025 (Continued)110853 JONES MAYER
173.79ATTORNEY SERVICES126855
527.63ATTORNEY SERVICES126856
4,576.52ATTORNEY SERVICES126857
811.03ATTORNEY SERVICES126858

57.93ATTORNEY SERVICES126859
3,349.21ATTORNEY SERVICES126860
522.57ATTORNEY SERVICES126861
Total : 25,075.76
179191 1/28/2025 108107 JTB SUPPLY COMPANY, INC 114460 024-01116 SIGNS/SIGNALS SUPPLIES 7,309.58 Total : 7,309.58
179192 1/28/2025 113057 KARON MANAGEMENT SERVICES RA-PHELPS 02/2025 RENTAL ASSISTANCE PROGRAM 412.50 Total : 412.50
179193 1/28/2025 113041 KELLUM, PATRICIA RA-MASON 02/2025 RENTAL ASSISTANCE PROGRAM 337.50 Total : 337.50
179194 1/28/2025 105098 KENNELLY, JOANN DECEMBER 2024 VOLUNTEER DRIVER 7.00

21.00VOLUNTEER DRIVERNOVEMBER 2024
Total : 28.00
179195 1/28/2025 112812 KIMBALL MIDWEST 102925973 GTRANS SHOP SUPPLIES 357.43 478.29GTRANS SHOP SUPPLIES102933280
Total : 835.72
179196 1/28/2025 110385 KIMLEY-HORN AND ASSOCIATES, INC 194091010-1124 032-00181 DEVELOPMENT SERVICES - 16911 NORMANDIE S 10,104.36 Total : 10,104.36
179197 1/28/2025 113116 KOBASHIGAWA, ANDREW RA-TAPIA 02/2025 RENTAL ASSISTANCE PROGRAM 425.00 Total : 425.00
179198 1/28/2025 312240 L.A. COUNTY DEPARTMENT OF, PUBLIC WORKSSA250000050 024-01117 CATCH BASIN CLEANOUT FY23/24 10,966.12 Total : 10,966.12
179199 1/28/2025 102082 L.A. COUNTY POLICE CHIEF'S, ASSOCIATION SAFFELL 04/08-04/11 REGISTRATION - LACPCA 2025 TRI-COUNTY SP 300.00 12Page:
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Voucher Date Vendor Invoice PO # Description/Account Amount (Continued) Total : 300.00 179199 1/28/2025 102082 102082 L.A. COUNTY POLICE CHIEF'S, ASSOCIATION 179200 1/28/2025 312113 L.A. COUNTY SHERIFF'S DEPT 251442BL INMATE MEAL DELIVERY PROGRAM - NOVEMBER 515.10 Total : 515.10
179201 1/28/2025 106372 LANDSCAPE STRUCTURES, INC. INV-156869 PARK MAINT SUPPLIES 4,698.06 Total : 4,698.06
179202 1/28/2025 112614 LAX AUTO REPAIR 20159 2022 FORD INTRCPTR #1630458 OIL & FILTER 70.00

70.002018 FORD POLICE INTRCPT #1554678 OIL CH20162
Total : 140.00
179203 1/28/2025 113091 LBPM/150TH APARTMENT (DMM1210) RA-GORDON 02/2025 RENTAL ASSISTANCE PROGRAM 576.50 Total : 576.50
179204 1/28/2025 109517 LOAD N' GO BUILDING MATERIALS 32119 STREET MAINT SUPPLIES 77.15 Total : 77.15
179205 1/28/2025 312665 LOS ANGELES SUPERIOR COURT OCT-DEC 2024 035-01362 PARKING CITATION SURCHARGE 82,520.00 Total : 82,520.00
179206 1/28/2025 109563 LUCKY LADY CASINO 0850000269 ECONOMIC ASSISTANCE - DECEMBER 2024 37,344.24 Total : 37,344.24
179207 1/28/2025 112607 LUMINATOR TECHNOLOGY GROUP, GLOBAL, LLC633296 037-10402 UNIT 882 CAMERA RETROFIT 1,814.71 037-10402 104.74UNIT 882 CAMERA RETROFIT633371
037-10402 1,728.72UNIT 882 CAMERA RETROFIT633552
037-10402 18.74UNIT 882 CAMERA RETROFIT633625
Total : 3,666.91
179208 1/28/2025 113042 MA, ANGELA RA-BELLAMY 02/2025 RENTAL ASSISTANCE PROGRAM 445.00 Total : 445.00
179209 1/28/2025 105082 MAJESTIC LIGHTING, INC. ML89810 BLDG MAINT SUPPLIES 165.38 Total : 165.38
179210 1/28/2025 113113 MANERI DIRECT 22762 STREET MAINT SUPPLIES 2,425.50 13Page:
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Voucher Date Vendor Invoice PO # Description/Account Amount (Continued) Total : 2,425.50 179210 1/28/2025 113113 113113 MANERI DIRECT 179211 1/28/2025 113204 MANSOUR, FAHIM PERMIT #18213 PERMIT DEPOSIT REFUND - 1715 W 149TH ST 7,000.00 11,000.00PERMIT DEPOSIT REFUND - 1715 W 149TH STPERMIT #18248 Total : 18,000.00
179212 1/28/2025 101029 MATTHEW BENDER & CO., INC. 43802559 CA CODES 4-IN-1 2025 EDITION 328.89 Total : 328.89
179213 1/28/2025 113064 MCMASTER-CARR SUPPLY COMPANY 38419026 GTRANS SHOP SUPPLIES 33.82 457.20GTRANS SHOP SUPPLIES38628414
379.95PW SHOP SUPPLIES38708901
437.71GTRANS SHOP SUPPLIES38915677
Total : 1,308.68
179214 1/28/2025 112524 MDG ASSOCIATES, INC. 19223 032-00175 CDBG ADMINISTRATION - DECEMBER 2024 9,196.50 032-00175 6,761.50CDBG HOUSING REHAB PROGRAM - DECEMBER 2019224 032-00175 105.81CDBG HOUSING REHAB PROGRAM - DECEMBER 2019225 Total : 16,063.81
179215 1/28/2025 109331 MGT IMPACT SOLUTIONS, LLC 62922 023-01578 SB 90 CLAIMS SERVICES 1,725.00 Total : 1,725.00
179216 1/28/2025 111604 MICRO ELECTRONICS, INC 13477451 023-01553 COMPUTER REPLACEMENT PARTS 11,547.35 Total : 11,547.35
179217 1/28/2025 111749 MIDWEST BUS CORPORATION 59110 GTRANS AUTO SUPPLIES 510.00 Total : 510.00
179218 1/28/2025 112205 MILLIMETER MEDIA 240002 PROFESSIONAL VIDEO SERVICES 1,250.00 Total : 1,250.00
179219 1/28/2025 113211 MIRABAL, ERIC M. PERMIT #50023-0580 PERMIT DEPOSIT REFUND - 2616 W 155TH ST. 5,000.00 Total : 5,000.00
179220 1/28/2025 110824 MIXER INK LLC 106818 PW PROGRAM SUPPLIES 2,542.37 Total : 2,542.37
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Voucher Date Vendor Invoice PO # Description/Account Amount 179221 1/28/2025 112058 MOBILE CAR & TRUCK WASH JBT 2708 037-10343 40' BUS INTERIOR DETAILING 4,646.25 037-10343 3,252.3840' BUS INTERIOR DETAILING2709
037-10343 2,787.7240' BUS INTERIOR DETAILING2711
Total : 10,686.35
179222 1/28/2025 104152 MODEL 1 COMMERCIAL, VEHICLES, INC. XA111004058 GTRANS AUTO PARTS 857.33 Total : 857.33
179223 1/28/2025 113029 MONTEREY APARTMENTS RA-HILLJONES 02/2025 RENTAL ASSISTANCE PROGRAM 473.75 Total : 473.75
179224 1/28/2025 113029 MONTEREY APARTMENTS RA-TEMPLE 02/2025 RENTAL ASSISTANCE PROGRAM 350.00 Total : 350.00
179225 1/28/2025 113213 MRKONJIC, PETAR PERMIT #50024-0733 PERMIT DEPOSIT REFUND - 15903 GRAMERCY P 5,000.00 Total : 5,000.00
179226 1/28/2025 109056 MULTICARD 67034 PD PROGRAM SUPPLIES 1,042.71 Total : 1,042.71
179227 1/28/2025 105622 N/S CORPORATION 0125589 037-10364 GTRANS BUS WASH EQUIPMENT MAINTENANCE 674.00 Total : 674.00
179228 1/28/2025 105204 NEW PIG CORPORATION 4377894 BUS SHOP SUPPLIES 1,666.98 Total : 1,666.98
179229 1/28/2025 113111 OBIAMALU, REGINALD RA-BAILEY 02/2025 RENTAL ASSISTANCE PROGRAM 450.00 Total : 450.00
179230 1/28/2025 110575 OCCUPATIONAL HEALTH CENTERS, OF CALIFORNIA85365346 023-01558 RANDOM TESTS 698.00 023-01558 140.00RANDOM TESTS85368134
023-01558 773.00RANDOM TESTS85431379
023-01558 356.00RANDOM TESTS85431770
023-01558 769.00RANDOM TESTS85487370
Total : 2,736.00
179231 1/28/2025 115168 OFFICE DEPOT 402543758 BUS OFFICE SUPPLIES 532.92

60.99CD OFFICE SUPPLIES403156496
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Voucher Date Vendor Invoice PO # Description/Account Amount 179231 1/28/2025 (Continued)115168 OFFICE DEPOT

17.14FINANCE OFFICE SUPPLIES405576621

18.09FINANCE OFFICE SUPPLIES405576749
Total : 629.14
179232 1/28/2025 108921 OMEGA POLYGRAPH 02073 PRE-EMPLOYMENT POLYGRAPH EXAMS 2,250.00 Total : 2,250.00
179233 1/28/2025 109782 OMNITEK ENGINEERING CORP. 0013095 GTRANS AUTO PARTS 607.05 Total : 607.05
179234 1/28/2025 111358 O'REILLY AUTO PARTS 109505 STREET SWEEPER SUPPLIES 353.38 309.38PW AUTO PARTS109520

15.66PW AUTO PARTS111623

15.90PW AUTO PARTS111629
324.53PW AUTO PARTS111903
Total : 1,018.85
179235 1/28/2025 115810 ORKIN PEST CONTROL 272410727 PEST CONTROL - ACCT #27336703 347.00 Total : 347.00
179236 1/28/2025 112845 PALICON GROUP 2182 035-01359 BACKGROUND INVESTIGATION SERVICES 1,750.00 035-01359 3,250.00BACKGROUND INVESTIGATION SERVICES2205 035-01359 2,345.00BACKGROUND INVESTIGATION SERVICES2213 035-01359 340.00BACKGROUND INVESTIGATION SERVICES2214
035-01359 340.00BACKGROUND INVESTIGATION SERVICES2215
Total : 8,025.00
179237 1/28/2025 113049 PARK PLAZA PROPERTIES, LLC RA-FINNEY 02/2025 RENTAL ASSISTANCE PROGRAM 382.75 Total : 382.75
179238 1/28/2025 113194 PASILLAS, PATRICIA 01 12/20/24 FIELD SUPERVISION OF INTERNS 4,050.00 Total : 4,050.00
179239 1/28/2025 111698 PELLEGRINO, RAY RA-WALKER 02/2025 RENTAL ASSISTANCE PROGRAM 475.00 Total : 475.00
179240 1/28/2025 116140 PETE'S ROAD SERVICE, INC. 630217 SERVICE CALL - FLAT TIRE REPAIR -150.65 16Page:
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Voucher Date Vendor Invoice PO # Description/Account Amount 179240 1/28/2025 (Continued)116140 PETE'S ROAD SERVICE, INC. 4,310.01SERVICE CALL - BACKHOE UNIT #91789369
Total : 4,159.36
179241 1/28/2025 307108 PETTY CASH FUND 10/29/24-01/09/25 REPLENISH PETTY CASH 363.02 Total : 363.02
179242 1/28/2025 112744 PHILLIP, SANJAY DECEMBER 2024 VOLUNTEER DRIVER 49.00

56.00VOLUNTEER DRIVERNOVEMBER 2024
Total : 105.00
179243 1/28/2025 113212 PINA, ANTONIO PERMIT #50024-0404 PERMIT DEPOSIT REFUND - 1816 W 152ND ST. 5,000.00 Total : 5,000.00
179244 1/28/2025 116225 PLUMBERS DEPOT, INC. PD-57771 SEWER PROGRAM SUPPLIES 396.00 Total : 396.00
179245 1/28/2025 111883 PROJECT PARTNERS, INC. 12344 024-01112 PROJECT MANAGEMENT SERVICES 10,780.00 Total : 10,780.00
179246 1/28/2025 106092 PRUDENTIAL OVERALL SUPPLY 42993226 034-00667 UNIFORM & SUPPLY RENTAL 31.65 024-01082 163.86UNIFORM & SUPPLY RENTAL42995139
034-00667
034-00667 31.65UNIFORM & SUPPLY RENTAL42995140
034-00667 50.10SUPPLY RENTAL - MATS - GTRANS42995141
034-00667 13.65SUPPLY RENTAL - MATS - NCC42995142
034-00667 19.00SUPPLY RENTAL - MATS - CH42995143
034-00667 91.60SUPPLY RENTAL - MATS - PD42995144
034-00667 11.60SUPPLY RENTAL - MATS - HS42995145
034-00667 2,030.02CUSTODIAL SUPPLIES42996942
034-00667 31.65UNIFORM & SUPPLY RENTAL42996944
034-00667 50.10SUPPLY RENTAL - MATS - GTRANS42996945
Total : 2,524.88
179247 1/28/2025 116575 PSYCHOLOGICAL CONSULTING, ASSOCIATES, INC.900046 035-01370 WELLNESS TRAINING PROGRAM 8,100.00 1,800.00WELLNESS TRAINING900262
289.00INDIVIDUAL PSYCHOTHERAPY900264
445.00PEER SUPPORT TRAINING900287
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Voucher Date Vendor Invoice PO # Description/Account Amount (Continued) Total : 10,634.00 179247 1/28/2025 116575 116575 PSYCHOLOGICAL CONSULTING, ASSOCIATES, INC. 179248 1/28/2025 104868 PYRO-COMM SYSTEMS, INC. 10036226 037-10405 FIRE ALARM MONITORING - BLDG A 225.00 037-10405 225.00FIRE ALARM MONITORING - BLDG C10036229 Total : 450.00
179249 1/28/2025 102283 QUICK COLOR PRINTING 16395 MLK EVENT SIGNS 496.13 Total : 496.13
179250 1/28/2025 112788 R&S AUTO BODY REPAIR 2650 GTRANS VEHICLE PARTS & LABOR 1,750.00 Total : 1,750.00
179251 1/28/2025 100147 RCI IMAGE SYSTEMS 77617 MICROFICHE SCANNING - 14730-40 CRENSHAW 148.84 Total : 148.84
179252 1/28/2025 107112 RCS INVESTIGATIONS &, CONSULTING, LLC 7058 035-01366 INVESTIGATION SERVICES 9,432.50 Total : 9,432.50
179253 1/28/2025 103072 REACH 012504 EAP SERVICES/REACHLINE NEWSLETTER 902.00 Total : 902.00
179254 1/28/2025 108886 REDMON GROUP INC. RG2022336 037-10418 GTRANS WEBSITE SUPPORT 5,751.70 Total : 5,751.70
179255 1/28/2025 112578 RIDECO US INC 2024-531US 037-10254 MICROTRANSIT SOFTWARE 1,614.60 037-10254 5,500.00MICROTRANSIT SOFTWARE2024-532US
Total : 7,114.60
179256 1/28/2025 112433 RIGHTWAY HEALTHCARE, INC INV20024 023-01566 CARE NAVIGATION COORDINATORS 1,820.00 Total : 1,820.00
179257 1/28/2025 100585 RKA CONSULTING GROUP 35390 ENGINEERING & SURVEYING SERVICES 140.00 Total : 140.00
179258 1/28/2025 113207 RYTYCH TRUCK SPECIALTIES 2441 CLEAN TRUCK CHECK 300.00 200.00CLEAN TRUCK CHECK2501
Total : 500.00
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CITY OF GARDENA
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Voucher Date Vendor Invoice PO # Description/Account Amount 179259 1/28/2025 119022 SAFE MART OF SOUTHERN, CALIFORNIA, INC.1039 PD PROGRAM SUPPLIES 642.94 225.00PD PROGRAM SUPPLIES1047
344.86GTRANS FACILITY SUPPLIES1383

16.76PD PROGRAM SUPPLIES1440

8.82PD PROGRAM SUPPLIES1441
Total : 1,238.38
179260 1/28/2025 119016 SAM'S CLUB 1494 12/17/24 PD PROGRAM SUPPLIES 113.45 Total : 113.45
179261 1/28/2025 108654 SECTRAN SECURITY INC. 24010860 ARMORED TRANSPORTATION SERVICES - JANUAR 269.05 267.98ARMORED TRANSPORTATION SERVICES - FEBRUA24020865
269.05ARMORED TRANSPORTATION SERVICES - MARCH24030859
269.05ARMORED TRANSPORTATION SERVICES - APRIL24040857
269.05ARMORED TRANSPORTATION SERVICES - MAY 2024050874
266.91ARMORED TRANSPORTATION SERVICES - JUNE 224060871
265.85ARMORED TRANSPORTATION SERVICES - JULY 224070868
265.85ARMORED TRANSPORTATION SERVICES - AUGUST24080868
263.71ARMORED TRANSPORTATION SERVICES - SEPTEM24090882
263.71ARMORED TRANSPORTATION SERVICES - OCTOBE24100883
263.71ARMORED TRANSPORTATION SERVICES - NOVEMB24110888
263.71ARMORED TRANSPORTATION SERVICES - DECEMB24120884
2,160.83ARMORED TRANSPORTATION SERVICES - GTRANS24122400 289.96ARMORED TRANSPORTATION SERVICES - JANUAR25010885
Total : 5,648.42
179262 1/28/2025 113053 SEGUNDO TERRACE LLC RA-THOMAS 02/2025 RENTAL ASSISTANCE PROGRAM 473.75 Total : 473.75
179263 1/28/2025 104451 SELECT ADVANTAGE 10349211 COACH OPERATOR ASSESSMENT SERVICES 1,250.00 Total : 1,250.00
179264 1/28/2025 113084 SL PROPERTY MANAGEMENT INC RA-HOPE 02/2025 RENTAL ASSISTANCE PROGRAM 545.35 Total : 545.35
179265 1/28/2025 110343 SMARTCOVER SYSTEMS 30882 SEWER PROGRAM SUPPLIES 812.01 Total : 812.01
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Voucher Date Vendor Invoice PO # Description/Account Amount 179266 1/28/2025 119367 SMITH SYSTEM DRIVER, IMPROVEMENT INSTITUTE INC2411-214162 024-0 1110 DRIVER TRAINER CERTIFICATION COURSE 12,750.00 T
otal : 12,750.00
179267 1/28/2025 619003 SOUTHERN CALIFORNIA EDISON 011325 LIGHT & POWER 97,658.96 Total : 97,658.96
179268 1/28/2025 103202 SOUTHERN COUNTIES LUBRICANTS, LLC 214825 BUS AUTOMOTIVE FLUIDS 3,707.22 Total : 3,707.22
179269 1/28/2025 101570 SOUTHWEST OFFSET PRINTING CO., INC. 4429424 GTRANS BOLT SERVICE MAILER 3,589.29 Total : 3,589.29
179270 1/28/2025 108238 SPARKLETTS 14211220 122524 DRINKING WATER FILTRATION SYSTEM RENTAL 52.99 T
otal : 52.99
179271 1/28/2025 113205 SWE SEWER SOLUTIONS,, CONSTRUCTION & ENG.PERMIT #18339 PERMIT DEPOSIT REFUND - 16537 BRIGHTON A 3,000.00 T
otal : 3,000.00
179272 1/28/2025 119550 SWRCB SW-0298334 024-01114 ANNUAL PERMIT FEE 27,293.00 Total : 27,293.00
179273 1/28/2025 100609 TANK SPECIALISTS OF CALIFORNIA 34356 SERVICE CALL - DIESEL PUMP REPAIRS 3,540.00 T
otal : 3,540.00
179274 1/28/2025 112703 TEAM PORTER INC. RA-GOMEZ 02/2025 RENTAL ASSISTANCE PROGRAM 487.50 Total : 487.50
179275 1/28/2025 112931 THERMAL CONCEPTS, INC. 171250 PW PROJECT - BOILER PUMP REBUILD 4,925.00 T
otal : 4,925.00
179276 1/28/2025 110238 TIREHUB, LLC 46500729 TIRES - GY WRL WORKHORSE HT BW 121RE 2,821.13 T
otal : 2,821.13
179277 1/28/2025 105070 T-MOBILE USA, INC. 9588299359 GPS LOCATE 115.00 165.00GPS LOCATE9589609749
350.00GPS LOCATE9589609750
Total : 630.00
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CITY OF GARDENA
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Voucher Date Vendor Invoice PO # Description/Account Amount 179278 1/28/2025 111481 TRIO COMMUNITY MEALS, LLC INV2230058107 034-00659 SENIOR FEEDING PROGRAM 2,271.94 034-00659 2,843.72SENIOR FEEDING PROGRAMINV2230058108
Total : 5,115.66
179279 1/28/2025 100896 U.S. BANK 7585729 ADMIN & BANK CHARGES - 2014 TAXABLE LRR 2,895.00 Total : 2,895.00
179280 1/28/2025 109900 U.S. BANK CORPORATE PAYMENT, SYSTEMSCRESPO 11/22/24 CAL CARD STATEMENT 10/23-11/22/24 1,646.18 6,394.87CAL CARD STATEMENT 11/23-12/23/24CRESPO 12/23/24 4,433.39CAL CARD STATEMENT 10/23-11/22/24HR 11/22/24
12,491.37CAL CARD STATEMENT 11/23-12/23/24HR 12/23/24
7,296.68CAL CARD STATEMENT 10/23-11/22/24PYNN 11/22/24
382.50CAL CARD STATEMENT 11/23-12/23/24ROMERO 12/23/24
Total : 32,644.99
179281 1/28/2025 109900 U.S. BANK CORPORATE PAYMENT, SYSTEMSFINANCE 12/23/24 CAL CARD STATEMENT 11/23-12/23/24 11,369.80 Total : 11,369.80
179282 1/28/2025 104692 ULINE 187598174 BUS SHOP SUPPLIES 376.62 347.04BUS SHOP SUPPLIES187833593
Total : 723.66
179283 1/28/2025 113027 UNIFIED PROPERTY MANAGEMENT-, SATBUD LLCRA-ALLEN 02/2025 RENTAL ASSISTANCE PROGRAM 498.75 Total : 498.75
179284 1/28/2025 112234 UNITED PACIFIC, APRO LLC 100124-103124 PD CAR WASH 550.00 Total : 550.00
179285 1/28/2025 119825 UNITED ROTARY BRUSH CORP. CI321640 STREET SWEEPER SUPPLIES 2,928.24 Total : 2,928.24
179286 1/28/2025 113022 V V & G CONSTRUCTION 424-4-237:2C CDBG HOUSING REHABILITATION PROGRAM 5,000.00 Total : 5,000.00
179287 1/28/2025 122050 VERIZON WIRELESS 6101597120 REC CELL PHONE SERVICE 1,185.43

49.11REC CELL PHONE SERVICE9979178589 BAL
Total : 1,234.54
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CITY OF GARDENA
22 11:19:38AM
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Voucher Date Vendor Invoice PO # Description/Account Amount 179288 1/28/2025 111900 VILLACORTA, ARSENIO DECEMBER 2024 VOLUNTEER DRIVER 14.00

35.00VOLUNTEER DRIVERNOVEMBER 2024
Total : 49.00
179289 1/28/2025 105259 VINI'S PARTY RENTALS 1, INC. 908785 RENTAL - CASINO NIGHT SUPPLIES 3,810.16 Total : 3,810.16
179290 1/28/2025 122435 VISTA PAINT CORPORATION 2024-757601-00 STREET MAINT SUPPLIES 297.68 660.00STREET MAINT SUPPLIES2025-765994-00
Total : 957.68
179291 1/28/2025 101195 WASTE RESOURCES GARDENA 011325 WASTE COLLECTION 300,494.76 Total : 300,494.76
179292 1/28/2025 101903 WATER TECHNIQUES 13814 DRINKING WATER SYSTEM RENTAL 45.00 Total : 45.00
179293 1/28/2025 112903 WATTS, BARBARA DECEMBER 2024 VOLUNTEER DRIVER 42.00

28.00VOLUNTEER DRIVERNOVEMBER 2024
Total : 70.00
179294 1/28/2025 112737 WELLS FARGO VENDOR FINANCIAL, SERVICES, LLC5032473632 023-01557 CITYWIDE COPIER LEASE - JANUARY 2025 3,801.48 Total : 3,801.48
179295 1/28/2025 110370 WESTERN COLLISION CENTER, INC 1136 035-01365 2022 FORD INTRCPTR #GA00606 BODY REPAIRS 155.35 035-01365 921.782023 FORD INTRCPTR #1661717 BODY REPAIRS1137 035-01365 791.822011 NISSAN FRONTIER #1374481 BODY REPAI1138 Total : 1,868.95
179296 1/28/2025 104934 ZUMAR INDUSTRIES, INC. 10097 SIGNS/SIGNALS SUPPLIES 833.89 Total : 833.89
Bank total : 2,137,518.17 217 Vouchers for bank code : usb 2,137,518.17Total vouchers :Vouchers in this report 217 22Page:
01/23/2025
Voucher List

CITY OF GARDENA
23 11:19:38AM
Page:vchlist
Bank code : usb
Voucher Date Vendor Invoice PO # Description/Account Amount

CLAIMS VOUCHER APPROVAL
I hereby certify that the demands or claims covered by the checks listed on pages _____ to _____ inclusive of the check register are accurate and funds are available for payment thereof.

By: __________________________________________
Director of
Administrative Services
This is to certify that the claims or demands covered by checks listed on pages _____ to _____ inclusive of the check register have been audited by the City Council of the City of Gardena and that all of the said checks are approved for payment except check numbers:
______________________________________________________
_________________________ __________
Mayor Date
_________________________ __________
Councilmember Date
_________________________ __________
Councilmember Date
Acknowledged:
_________________________ __________
Councilmember Date
_________________________ __________
Councilmember Date
23Page:
1 22
1 22
01/28/2025

CITY OF GARDENA

INVESTMENT REPORT
December 2024
Prepared by Danny Rodriguez, Revenue and Purchasing Manager Reviewed by Ray Beeman, Director of Administrative Services

MONTHLY ACCOUNT STATEMENT
City of Gardena Cons | Account #10647 | As of December 31, 2024 CHANDLER ASSET MANAGEMENT | chandlerasset.com
Information contained herein is confidential. We urge you to compare this statement to the one you receive from your qualified custodian. Please see Important Disclosures at the end of the statement.

Chandler Team:

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

PORTFOLIO SUMMARY
Portfolio Characteristics
Sector Allocation
Account Summary
Maturity Distribution
Top Issuers
Credit Quality
Average Modified Duration 0.73
Average Coupon 4.14%
Average Purchase YTM 4.28%
Average Market YTM 4.51%
Average Quality AA+
Average Final Maturity 0.86
Average Life 0.75
Beg. Values as of
12/01/2024
End Values as of
12/31/2024
Market Value 96,262,629.17 83,091,500.34
Accrued Interest 255,446.04 231,480.33
Total Market Value 96,518,075.21 83,322,980.67
Income Earned 498,841.49 381,944.06
Cont/WD (316,328.43) (13,500,247.82)
Par 90,267,544.62 77,203,158.26
Book Value 96,517,377.18 83,441,152.90
Cost Value 96,402,940.94 83,318,434.85
California Asset Mgmt Program 44.79%
Government of The United States 15.98%
CalTrust 8.42%
LAIF 6.78%
FHLMC 3.87%
Farm Credit System 3.12%
Federal Home Loan Banks 1.57%
International Bank for Recon and Dev 1.15%
*See Footnote
The credit quality is a weighted average calculation of the highest of S&P , Moody’s and Fitch CONFIDENTIAL | 3
City of Gardena Cons | Account #10647 | As of December 31, 2024 Execution Time: 01/13/2025 09:51:58 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

RECONCILIATION SUMMARY
Accrual Activity Summary
Fair Market Activity Summary
Month to Date Fiscal Year to Date
(01/01/2024)
Beginning Book Value 96,517,377.18 87,301,622.17
Maturities/Calls (400,000.00) (13,475,000.00)
Principal Paydowns (98,865.05) (886,082.39)
Purchases 38,000,821.73 75,755,753.87
Sales (50,606,201.16) (65,409,032.71)
Change in Cash, Payables, Receivables 18,113.78 20,192.93 Amortization/Accretion 9,906.43 133,854.18
Realized Gain (Loss) (0.01) (155.15)
Ending Book Value 83,441,152.90 83,441,152.90
Month to Date Fiscal Year to Date
(01/01/2024)
Beginning Market Value 96,262,629.17 86,698,685.72
Maturities/Calls (400,000.00) (13,475,000.00)
Principal Paydowns (98,865.05) (886,082.39)
Purchases 38,000,821.73 75,755,753.87
Sales (50,606,201.16) (65,409,032.71)
Change in Cash, Payables, Receivables 18,113.78 20,192.93 Amortization/Accretion 9,906.43 133,854.18
Change in Net Unrealized Gain (Loss) (94,904.56) 253,283.88 Realized Gain (Loss) (0.01) (155.15)
Ending Market Value 83,091,500.34 83,091,500.34
Maturities / Calls
Month to Date (400,000.00)
Fiscal Year to Date (13,475,000.00)
Principal Paydowns
Month to Date (98,865.05)
Fiscal Year to Date (886,082.39)
Purchases
Month to Date 38,000,821.73
Fiscal Year to Date 75,755,753.87
Sales
Month to Date (50,606,201.16)
Fiscal Year to Date (65,409,032.71)
Interest Received
Month to Date 396,911.31
Fiscal Year to Date 3,213,947.67
Purchased / Sold Interest
Month to Date (907.97)
Fiscal Year to Date (74,993.96)
CONFIDENTIAL | 4
City of Gardena Cons | Account #10647 | As of December 31, 2024 Execution Time: 01/13/2025 09:51:58 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

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

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
ABS
05593AAC3 BMWLT 2023-1 A3 5.16
11/25/2025 10,275.02 02/07/2023

5.43%
10,274.77
10,274.94
100.07

4.67%
10,282.23

8.84 0.01%

7.29 Aaa/AAA
NA

0.90 0.13
43815GAC3 HAROT 2021-4 A3 0.88
01/21/2026 13,334.17 11/16/2021

0.89%
13,331.36
13,333.54

99.22 4.64%
13,230.45

3.26 0.02%
(103.09)
Aaa/NA
AAA

1.06 0.21
47789QAC4 JDOT 2021-B A3 0.52
03/16/2026 8,871.23 07/13/2021

0.52%
8,870.44
8,871.11

99.50 4.47%
8,827.04

2.05 0.01%
(44.07)
Aaa/NA
AAA

1.21 0.13
89238JAC9 TAOT 2021-D A3 0.71
04/15/2026 10,967.43 11/09/2021

0.95%
10,967.19
10,967.39

99.27 4.64%
10,887.51

3.46 0.01%
(79.87)
NA/AAA
AAA

1.29 0.18
43815BAC4 HAROT 2022-1 A3 1.88
05/15/2026 52,043.65 02/15/2022

1.89%
52,035.83
52,041.37

99.14 4.60%
51,596.80

43.49 0.06%
(444.57)
Aaa/AAA
NA

1.37 0.31
43815PAC3 HAROT 2022-2 A3 3.73
07/20/2026 54,507.51 08/15/2022

3.87%
54,504.26
54,506.44

99.66 4.59%
54,323.00

73.42 0.07%
(183.44)
NA/AAA
AAA

1.55 0.41
05602RAD3 BMWOT 2022-A A3 3.21
08/25/2026 98,326.14 01/05/2023

4.81%
95,748.92
97,178.50

99.55 4.54%
97,878.90

52.60 0.12%
700.40
Aaa/AAA
NA

1.65 0.35
89238FAD5 TAOT 2022-B A3 2.93
09/15/2026 46,513.51 04/07/2022

3.09%
46,512.43
46,513.21

99.39 4.53%
46,231.11

60.57 0.06%
(282.10)
Aaa/AAA
NA

1.71 0.38
47787JAC2 JDOT 2022 A3 0.36 09/15/2026 38,059.09 03/10/2022

2.34%
38,050.67
38,056.15

99.17 4.82%
37,742.12

39.24 0.05%
(314.03)
Aaa/NA
AAA

1.71 0.33
379929AD4 GMALT 2023-3 A3 5.38
11/20/2026 75,000.00 08/08/2023

5.38%
74,991.01
74,994.81
100.52

4.61%
75,392.81
123.29

0.09%
397.99
NA/AAA
AAA

1.89 0.63
47800AAC4 JDOT 2022-B A3 3.74
02/16/2027 82,411.60 07/12/2022

3.77%
82,403.73
82,408.58

99.56 4.56%
82,052.83
136.99

0.10%
(355.74)
Aaa/NA
AAA

2.13 0.55
448979AD6 HART 2023-A A3 4.58
04/15/2027 145,489.90 04/04/2023

5.14%
145,475.70
145,481.81
100.03

4.57%
145,536.43
296.15

0.18%

54.62 NA/AAA
AAA

2.29 0.57
36265WAD5 GMCAR 2022-3 A3 3.64
04/16/2027 53,598.47 07/06/2022

3.93%
53,598.11
53,598.33

99.61 4.59%
53,387.49

81.29 0.06%
(210.84)
Aaa/NA
AAA

2.29 0.43
43815JAC7 HAROT 2023-1 A3 5.04
04/21/2027 66,524.36 02/16/2023

5.09%
66,511.99
66,517.54
100.34

4.57%
66,749.98

93.13 0.08%
232.44
Aaa/NA
AAA

2.30 0.65
02582JJT8 AMXCA 2022-2 A 3.39
05/17/2027 185,000.00 05/17/2022

3.42%
184,959.08
184,992.96

99.56 4.65%
184,178.05
278.73

0.22%
(814.91)
NA/AAA
AAA

0.37 0.36
47800BAC2 JDOT 2022-C A3 5.09
06/15/2027 167,687.16 10/12/2022

3.29%
167,674.15
167,680.99
100.29

4.69%
168,176.76
379.35

0.20%
495.76
Aaa/NA
AAA

2.45 0.64
58770AAC7 MBART 2023-1 A3 4.51
11/15/2027 85,564.63 01/18/2023

4.56%
85,554.36
85,558.66
100.01

4.53%
85,575.42
171.51

0.10%

16.75 NA/AAA
AAA

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

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
58769GAD5 MBALT 2024-B A3 4.23
02/15/2028 130,000.00 09/17/2024

4.24%
129,978.12
129,979.85

99.55 4.55%
129,410.61
244.40

0.16%
(569.25)
NA/AAA
AAA

3.13 1.62
362583AD8 GMCAR 2023-2 A3 4.47
02/16/2028 115,000.00 04/04/2023

4.51%
114,996.84
114,997.97
100.00

4.51%
114,996.56
214.19

0.14%
(1.40)
Aaa/AAA
NA

3.13 0.81
02582JJZ4 AMXCA 2023-1 A 4.87
05/15/2026 125,000.00 06/07/2023

4.87%
124,988.91
124,993.29
100.53

4.51%
125,663.03
270.56

0.15%
669.73
NA/AAA
AAA

1.37 1.30
47787CAC7 JDOT 2023-C A3 5.48
05/15/2028 310,000.00 09/12/2023

5.40%
309,978.70
309,984.59
101.14

4.66%
313,534.00
755.02

0.38%
3,549.41
Aaa/NA
AAA

3.37 1.28
161571HT4 CHAIT 2023-1 A 5.16 09/15/2028 340,000.00 09/07/2023

5.17%
339,905.75
339,930.20
101.06

4.56%
343,603.66
779.73

0.41%
3,673.46
NR/AAA
AAA

3.71 1.59
02582JKD1 AMXCA 2023-3 A 5.23
09/15/2028 340,000.00 09/12/2023

5.29%
339,984.80
339,988.72
101.28

4.49%
344,345.78
790.31

0.41%
4,357.06
NA/AAA
AAA

3.71 1.59
44934QAD3 HART 2024-B A3 4.84
03/15/2029 90,000.00 07/16/2024

4.90%
89,986.42
89,987.71
100.51

4.64%
90,463.37
193.60

0.11%
475.66
NA/AAA
AAA

4.20 2.04
448976AD2 HART 2024-C A3 4.41
05/15/2029 140,000.00 10/08/2024

4.46%
139,989.75
139,990.22

99.59 4.64%
139,419.24
274.40

0.17%
(570.98)
NA/AAA
AAA

4.37 2.18
89239TAD4 TAOT 2024-D A3 4.4 06/15/2029 105,000.00 10/10/2024

4.44%
104,994.14
104,994.40

99.71 4.59%
104,691.01
205.33

0.13%
(303.40)
Aaa/AAA
NA

4.45 1.96
38014AAD3 GMCAR 2024-4 A3 4.4
08/16/2029 95,000.00 10/08/2024

4.32%
94,981.70
94,982.50

99.70 4.59%
94,713.88
174.17

0.11%
(268.62)
Aaa/AAA
NA

4.62 2.02
Total ABS 2,984,173.86 4.54%
2,981,249.12
2,982,805.79
100.30

4.58%
2,992,890.04
5,749.08

3.60%
10,084.25
Aaa/AAA
AAA

2.87 1.15
AGENCY
3133ENKS8

FEDERAL FARM CREDIT
BANKS FUNDING CORP 1.125
01/06/2025
750,000.00 --

1.59%
740,054.10
749,952.85

99.96 4.34%
749,730.62
4,101.56

0.90%
(222.23)
Aaa/AA+
AA+

0.02 0.01
3133ENPG9 FEDERAL FARM CREDIT BANKS
FUNDING CORP 1.75 02/14/2025 415,000.00 02/10/2022

1.84%
413,891.95
414,955.48

99.67 4.54%
413,643.86
2,763.78

0.50%
(1,311.62)
Aaa/AA+
AA+

0.12 0.12
3135G06G3 FEDERAL NATIONAL MORTGAGE
ASSOCIATION 0.5 11/07/2025 350,000.00 11/18/2020

0.52%
349,639.50
349,938.39

96.88 4.29%
339,068.03
262.50

0.41%
(10,870.36)
Aaa/AA+
AA+

0.85 0.83
3130B3A29 FEDERAL HOME LOAN BANKS 4.0
10/09/2026 600,000.00 10/21/2024

4.00%
599,994.00
599,994.59

99.78 4.13%
598,685.05
5,333.33

0.72%
(1,309.55)
Aaa/AA+
AA+

1.77 1.68
3133ERFJ5 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.5 05/20/2027 330,000.00 05/23/2024

4.79%
327,333.60
327,876.17
100.52

4.27%
331,716.43
1,691.25

0.40%
3,840.26
Aaa/AA+
AA+

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
3130ATS57 FEDERAL HOME LOAN BANKS 4.5
03/10/2028 700,000.00 03/21/2023

3.99%
715,799.00
710,132.25
100.38

4.37%
702,649.96
9,712.50

0.85%
(7,482.30)
Aaa/AA+
AA+

3.19 2.90
3133ERGL9 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.5 06/07/2028 450,000.00 06/25/2024

4.44%
450,984.50
450,855.46
100.35

4.39%
451,563.39
1,350.00

0.54%
707.93
Aaa/AA+
AA+

3.44 3.14
3133EPN50 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.25 12/15/2028 650,000.00 12/28/2023

3.89%
660,575.50
658,423.07

99.62 4.36%
647,515.00
1,227.78

0.78%
(10,908.06)
Aaa/AA+
AA+

3.96 3.59
Total Agency 4,245,000.00 3.18%
4,258,272.15
4,262,128.26

99.76 4.33%
4,234,572.33
26,442.71

5.10%
(27,555.93)
Aaa/AA+
AA+

2.02 1.86

AGENCY CMBS
3137BNGT5 FHMS K-054 A2 2.745
01/25/2026 487,779.73 02/15/2023

4.65%
463,181.15
479,187.88

98.29 4.37%
479,452.35
1,115.80

0.58%
264.47
Aaa/AA+
AAA

1.07 0.95
3137BVZ82 FHMS K-063 A2 3.43 01/25/2027 320,000.00 02/06/2024

4.48%
310,725.00
313,594.37

97.83 4.53%
313,071.23
914.67

0.38%
(523.14)
Aaa/AA+
AAA

2.07 1.82
3137FEBQ2 FHMS K-072 A2 3.444
12/25/2027 500,000.00 08/22/2023

4.98%
470,429.69
479,818.60

96.74 4.60%
483,722.90
1,435.00

0.58%
3,904.30
Aaa/AA+
AAA

2.98 2.71
3137FETN0 FHMS K-073 A2 3.35 01/25/2028 465,000.00 05/24/2023

4.27%
446,908.59
453,187.18

96.44 4.60%
448,464.46
1,298.13

0.54%
(4,722.72)
Aaa/AA+
AAA

3.07 2.75
3137FHPJ6 FHMS K-080 A2 3.926
07/25/2028 325,000.00 01/23/2024

4.45%
317,814.45
319,328.83

97.61 4.62%
317,220.57
1,063.29

0.38%
(2,108.26)
Aaa/AA+
AA+

3.57 3.24
3137FJEH8 FHMS K-081 A2 3.9 08/25/2028 155,000.00 09/15/2023

4.86%
148,436.72
150,168.95

97.41 4.65%
150,982.82
503.75

0.18%
813.87
Aaa/AA+
AAA

3.65 3.30
3137H4BY5 FHMS K-746 A2 2.031
09/25/2028 315,000.00 10/03/2023

5.30%
270,973.83
282,103.21

91.03 4.69%
286,747.65
533.14

0.35%
4,644.44
Aaa/AA+
AAA

3.74 3.47
3137FJXV6 FHMS K-083 A2 4.05 09/25/2028 297,000.00 12/07/2023

4.60%
289,783.83
291,398.58

97.83 4.65%
290,568.41
1,002.38

0.35%
(830.17)
Aaa/AA+
AAA

3.74 3.38
3137FJKE8 FHMS K-082 A2 3.92 09/25/2028 220,000.00 09/20/2024

3.81%
220,575.78
220,536.51

97.44 4.65%
214,373.30
718.67

0.26%
(6,163.21)
Aaa/AA+
AAA

3.74 3.33
3137FJZ93 FHMS K-084 A2 3.78 10/25/2028 240,000.00 10/20/2023

5.34%
223,818.75
227,713.74

96.76 4.69%
232,233.02
756.00

0.28%
4,519.29
Aaa/AA+
AA+

3.82 3.42
Total Agency
CMBS 3,324,779.73 4.67%
3,162,647.79
3,217,037.86

96.79 4.59%
3,216,836.72
9,340.81

3.87%
(201.14)
Aaa/AA+
AAA

2.96 2.67
CASH
CCYUSD Receivable 801.21 --

0.00%
801.21
801.21

1.00 0.00%
801.21

0.00 0.00%

0.00 Aaa/AAA
AAA

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
CCYUSD Receivable 63,694.16 --

0.00%
63,694.16
63,694.16

1.00 0.00%
63,694.16

0.00 0.08%

0.00 Aaa/AAA
AAA

0.00 0.00
Total Cash 64,495.37 0.00%
64,495.37
64,495.37

1.00 0.00%
64,495.37

0.00 0.08%

0.00 Aaa/AAA
AAA

0.00 0.00

CORPORATE
24422EWB1 JOHN DEERE CAPITAL CORP

2.125 03/07/2025 130,000.00 03/02/2022

2.14%
129,944.10
129,996.68

99.55 4.61%
129,415.08
874.79

0.16%
(581.60)
A1/A
A+

0.18 0.18
63743HFE7

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

3.45 06/15/2025
95,000.00 04/27/2022

3.46%
94,974.35
94,996.28

99.43 4.73%
94,456.57
145.67

0.11%
(539.71)
A2/A-
A

0.45 0.44
46625HMN7 JPMORGAN CHASE & CO 3.9
07/15/2025 400,000.00 05/29/2024

5.58%
392,748.00
396,559.27

99.64 4.58%
398,572.42
7,193.33

0.48%
2,013.15
A1/A
AA-

0.54 0.51
6174468C6 MORGAN STANLEY 4.0
07/23/2025 394,000.00 04/10/2024

5.56%
386,478.56
390,730.51

99.59 4.75%
392,386.91
6,916.89

0.47%
1,656.40
A1/A-
A+

0.56 0.54
931142EW9 WALMART INC 3.9 09/09/2025 80,000.00 09/06/2022

3.92%
79,944.00
79,987.18

99.65 4.42%
79,719.10
970.67

0.10%
(268.07)
Aa2/AA
AA

0.69 0.66
437076CR1 HOME DEPOT INC 4.0
09/15/2025 110,000.00 09/12/2022

4.01%
109,960.40
109,990.68

99.66 4.48%
109,629.65
1,295.56

0.13%
(361.03)
A2/A
A

0.71 0.68
20030NCS8 COMCAST CORP 3.95
10/15/2025 400,000.00 03/11/2024

4.95%
393,932.00
397,002.55

99.48 4.62%
397,920.52
3,335.56

0.48%
917.97
A3/A-
A-

0.79 0.76
857477BR3 STATE STREET CORP 1.746
02/06/2026 90,000.00 02/02/2022

1.75%
90,000.00
90,000.00

99.61 5.82%
89,652.51
632.93

0.11%
(347.49)
Aa3/A
AA-

1.10 0.09
037833BY5 APPLE INC 3.25 02/23/2026 400,000.00 05/09/2023

4.05%
391,672.00
396,583.80

98.79 4.34%
395,175.22
4,622.22

0.48%
(1,408.58)
Aaa/AA+
NA

1.15 1.09
61747YET8 MORGAN STANLEY 4.679
07/17/2026 175,000.00 07/18/2022

4.68%
175,000.00
175,000.00

99.89 5.65%
174,812.66
3,730.20

0.21%
(187.34)
A1/A-
A+

1.54 0.52
06428CAA2 BANK OF AMERICA NA 5.526
08/18/2026 300,000.00 09/19/2023

5.61%
299,277.00
299,595.61
101.32

4.67%
303,959.41
6,124.65

0.37%
4,363.80
Aa1/A+
AA

1.63 1.44
931142ER0 WALMART INC 1.05 09/17/2026 40,000.00 09/08/2021

1.09%
39,924.40
39,974.16

94.60 4.36%
37,840.77
121.33

0.05%
(2,133.39)
Aa2/AA
AA

1.71 1.66
63743HFK3

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

5.6 11/13/2026
390,000.00 11/14/2023

5.25%
393,666.00
392,243.79
101.65

4.66%
396,435.13
2,912.00

0.48%
4,191.35
A2/A-
A

1.87 1.67
89115A2V3 TORONTO-DOMINION BANK

5.264 12/11/2026 160,000.00 12/04/2023

5.26%
160,000.00
160,000.00
101.06

4.69%
161,694.92
467.91

0.19%
1,694.92
A2/A-
AA-

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
78016HZT0 ROYAL BANK OF CANADA 4.875
01/19/2027 150,000.00 01/10/2024

4.88%
149,962.50
149,974.41
100.39

4.67%
150,578.07
3,290.63

0.18%
603.67
A1/A
AA-

2.05 1.89
17275RBQ4 CISCO SYSTEMS INC 4.8
02/26/2027 170,000.00 02/21/2024

4.85%
169,779.00
169,841.51
100.73

4.44%
171,241.01
2,833.33

0.21%
1,399.50
A1/AA-
NA

2.16 1.92
857477CL5 STATE STREET CORP 4.993
03/18/2027 365,000.00 03/13/2024

4.99%
365,000.00
365,000.00
100.83

4.59%
368,037.85
5,214.22

0.44%
3,037.85
Aa3/A
AA-

2.21 1.97
89115A2W1 TORONTO-DOMINION BANK

4.98 04/05/2027 400,000.00 04/08/2024

5.21%
397,448.00
398,070.78
100.33

4.82%
401,322.44
4,758.67

0.48%
3,251.65
A2/A-
AA-

2.26 2.09
665859AW4 NORTHERN TRUST CORP 4.0
05/10/2027 450,000.00 10/05/2022

4.70%
436,909.50
443,290.73

98.68 4.59%
444,079.04
2,550.00

0.53%
788.31
A2/A+
A+

2.36 2.21
14913UAL4 CATERPILLAR FINANCIAL
SERVICES CORP 5.0 05/14/2027 405,000.00 05/21/2024

4.93%
405,743.58
405,590.89
101.02

4.54%
409,123.80
2,643.75

0.49%
3,532.90
A2/A
A+

2.37 2.20
438516CJ3 HONEYWELL INTERNATIONAL
INC 4.95 02/15/2028 400,000.00 02/13/2023

4.44%
408,972.00
405,543.14
101.14

4.55%
404,573.45
7,480.00

0.49%
(969.70)
A2/A
A

3.13 2.74
57636QAW4 MASTERCARD INC 4.875
03/09/2028 290,000.00 04/19/2023

4.17%
298,833.40
295,707.74
101.14

4.49%
293,297.05
4,398.33

0.35%
(2,410.69)
Aa3/A+
NA

3.19 2.81
74456QBU9 PUBLIC SERVICE ELECTRIC AND
GAS CO 3.7 05/01/2028 300,000.00 09/06/2023

5.10%
282,801.00
287,675.91

96.66 4.80%
289,977.05
1,850.00

0.35%
2,301.15
A1/A
WR

3.33 3.07
58933YBH7 MERCK & CO INC 4.05
05/17/2028 90,000.00 05/08/2023

4.07%
89,927.10
89,950.84

98.53 4.52%
88,677.87
445.50

0.11%
(1,272.97)
A1/A+
NA

3.38 3.10
69371RS80 PACCAR FINANCIAL CORP 4.6
01/31/2029 410,000.00 01/24/2024

4.64%
409,331.70
409,454.61

99.58 4.71%
408,258.73
7,910.72

0.49%
(1,195.88)
A1/A+
NA

4.08 3.61
89236TMF9 TOYOTA MOTOR CREDIT CORP

5.05 05/16/2029 400,000.00 06/25/2024

4.88%
402,872.00
402,567.91
100.72

4.86%
402,885.76
2,525.00

0.48%
317.85
A1/A+
A+

4.37 3.86
341081GT8 FLORIDA POWER & LIGHT CO

5.15 06/15/2029 330,000.00 09/19/2024

4.03%
345,331.80
344,385.05
101.25

4.83%
334,140.95
755.33

0.40%
(10,244.10)
Aa2/A+
AA-

4.45 3.80
437076DC3 HOME DEPOT INC 4.75
06/25/2029 295,000.00 --

4.74%
295,110.25
295,109.57
100.01

4.75%
295,020.36
233.54

0.36%
(89.21)
A2/A
A

4.48 3.99
713448FX1 PEPSICO INC 4.5 07/17/2029 295,000.00 07/15/2024

4.53%
294,542.75
294,584.82

99.81 4.55%
294,438.03
6,047.50

0.35%
(146.79)
A1/A+
NA

4.54 3.98
26444HAH4 DUKE ENERGY FLORIDA LLC 2.5
12/01/2029 450,000.00 12/16/2024

4.72%
406,363.50
406,725.13

89.84 4.85%
404,296.12
937.50

0.49%
(2,429.01)
A1/A
NA

4.92 4.52
Total Corporate 8,364,000.00 4.72%
8,296,448.89
8,316,133.54

99.56 4.68%
8,321,618.46
93,217.73

10.02%
5,484.92
A1/A
A+

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
90LAIF$00 Local Agency Investment Fund
State Pool 5,635,051.71 --

4.43%
5,635,051.71
5,635,051.71

1.00 4.43%
5,635,051.71

0.00 6.78%

0.00 NA/NA
NA

0.00 0.00
Total LAIF 5,635,051.71 4.43%
5,635,051.71
5,635,051.71

1.00 4.43%
5,635,051.71

0.00 6.78%

0.00 NA/NA
NA

0.00 0.00

LOCAL GOV

INVESTMENT
POOL
09CATR$05 CalTrust MTF 714,220.96 --

4.24%
7,166,993.63
7,166,993.63

9.80 4.24%
6,999,365.45

0.00 8.42%
(167,628.18)
NA/AAAm
NA

0.00 0.00
90CAMP$06 CAMP 1,250,000.00 12/31/2023

4.65%
1,250,000.00
1,250,000.00

1.00 4.65%
1,250,000.00

0.00 1.50%

0.00 NA/AAAm
NA

0.00 0.00
90CAMP$00 CAMP 35,969,277.58 --

4.65%
35,969,277.58
35,969,277.58

1.00 4.65%
35,969,277.58

0.00 43.29%

0.00 NA/AAAm
AAA

0.00 0.00
Total Local Gov
Investment Pool 37,933,498.54 4.59%
44,386,271.21
44,386,271.21

2.39 4.59%
44,218,643.03

0.00 53.22%
(167,628.18)
NA/
AAAm
AAA

0.00 0.00

MONEY MARKET
FUND
31846V203 FIRST AMER:GVT OBLG Y 172,159.04 --

4.09%
172,159.04
172,159.04

1.00 4.09%
172,159.04

0.00 0.21%

0.00 Aaa/
AAAm
AAA

0.00 0.00
Total Money
Market Fund 172,159.04 4.09%
172,159.04
172,159.04

1.00 4.09%
172,159.04

0.00 0.21%

0.00 Aaa/
AAAm
AAA

0.00 0.00

SUPRANATIONAL
459058LK7

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 4.0 08/27/2026
170,000.00 08/20/2024

4.06%
169,802.80
169,837.11

99.46 4.34%
169,083.57
2,342.22

0.20%
(753.53)
Aaa/AAA
NA

1.65 1.56
459058KT9

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.5 07/12/2028
250,000.00 11/28/2023

4.53%
239,372.50
241,881.25

97.14 4.38%
242,855.60
4,107.64

0.29%
974.35
Aaa/AAA
NA

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
459058KW2

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 4.625 08/01/2028
250,000.00 --

4.97%
246,407.00
247,312.58
100.65

4.43%
251,622.35
4,817.71

0.30%
4,309.78
Aaa/AAA
NA

3.59 3.21
459058LN1

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.875 10/16/2029
300,000.00 10/08/2024

3.93%
299,217.00
299,250.02

97.44 4.48%
292,309.93
2,421.88

0.35%
(6,940.09)
Aaa/AAA
NA

4.79 4.28
Total
Supranational 970,000.00 4.38%
954,799.30
958,280.95

98.57 4.41%
955,871.45
13,689.44

1.15%
(2,409.49)
Aaa/AAA
NA

3.60 3.25

US TREASURY
912828Z52 UNITED STATES TREASURY 1.375
01/31/2025 750,000.00 02/17/2022

1.71%
742,822.27
749,800.25

99.76 4.35%
748,233.45
4,315.56

0.90%
(1,566.80)
Aaa/AA+
AA+

0.08 0.08
912828ZF0 UNITED STATES TREASURY 0.5
03/31/2025 350,000.00 03/25/2021

0.58%
348,906.26
349,933.46

99.11 4.23%
346,869.34
447.12

0.42%
(3,064.13)
Aaa/AA+
AA+

0.25 0.24
91282CEH0 UNITED STATES TREASURY 2.625
04/15/2025 450,000.00 04/18/2024

5.18%
439,031.25
446,840.03

99.53 4.27%
447,901.58
2,531.25

0.54%
1,061.55
Aaa/AA+
AA+

0.29 0.28
912828ZT0 UNITED STATES TREASURY 0.25
05/31/2025 365,000.00 02/25/2021

0.60%
359,653.32
364,484.24

98.38 4.28%
359,077.57

80.22 0.43%
(5,406.67)
Aaa/AA+
AA+

0.41 0.40
91282CEU1 UNITED STATES TREASURY 2.875
06/15/2025 500,000.00 07/30/2024

4.90%
491,425.78
495,565.06

99.40 4.23%
496,980.86
671.36

0.60%
1,415.80
Aaa/AA+
AA+

0.45 0.44
91282CEY3 UNITED STATES TREASURY 3.0
07/15/2025 475,000.00 03/15/2024

4.94%
463,273.44
470,275.46

99.35 4.23%
471,934.83
6,582.88

0.57%
1,659.37
Aaa/AA+
AA+

0.54 0.52
9128284Z0 UNITED STATES TREASURY 2.75
08/31/2025 750,000.00 --

0.99%
800,092.78
758,601.95

99.02 4.27%
742,640.68
7,007.94

0.89%
(15,961.27)
Aaa/AA+
AA+

0.67 0.64
91282CFK2 UNITED STATES TREASURY 3.5
09/15/2025 475,000.00 03/15/2024

4.90%
465,537.11
470,545.86

99.47 4.27%
472,471.99
4,959.94

0.57%
1,926.14
Aaa/AA+
AA+

0.71 0.68
91282CFP1 UNITED STATES TREASURY 4.25
10/15/2025 550,000.00 06/23/2023

4.59%
545,982.42
548,630.59
100.03

4.21%
550,138.78
5,008.93

0.66%
1,508.19
Aaa/AA+
AA+

0.79 0.76
91282CAZ4 UNITED STATES TREASURY 0.375
11/30/2025 750,000.00 --

0.88%
734,730.47
746,621.92

96.57 4.26%
724,243.76
247.25

0.87%
(22,378.15)
Aaa/AA+
AA+

0.91 0.89
91282CGA3 UNITED STATES TREASURY 4.0
12/15/2025 600,000.00 11/18/2024

4.38%
597,632.81
597,893.14

99.83 4.18%
598,984.61
1,120.88

0.72%
1,091.47
Aaa/AA+
AA+

0.96 0.92
9128286L9 UNITED STATES TREASURY 2.25
03/31/2026 750,000.00 02/25/2022

1.91%
760,078.13
753,066.67

97.58 4.27%
731,885.42
4,311.47

0.88%
(21,181.25)
Aaa/AA+
AA+

1.25 1.20
912828R36 UNITED STATES TREASURY 1.625
05/15/2026 250,000.00 10/14/2021

0.99%
257,148.44
252,132.14

96.52 4.27%
241,297.47
527.45

0.29%
(10,834.67)
Aaa/AA+
AA+

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
91282CHH7 UNITED STATES TREASURY 4.125
06/15/2026 475,000.00 08/26/2024

3.94%
476,502.93
476,212.41

99.83 4.25%
474,183.89
915.09

0.57%
(2,028.52)
Aaa/AA+
AA+

1.45 1.39
912828YG9 UNITED STATES TREASURY 1.625
09/30/2026 300,000.00 12/28/2021

1.24%
305,296.88
301,943.61

95.63 4.25%
286,892.69
1,245.54

0.35%
(15,050.92)
Aaa/AA+
AA+

1.75 1.68
91282CJC6 UNITED STATES TREASURY 4.625
10/15/2026 475,000.00 08/26/2024

3.84%
482,514.65
481,289.54
100.61

4.26%
477,906.51
4,707.59

0.58%
(3,383.03)
Aaa/AA+
AA+

1.79 1.68
912828U24 UNITED STATES TREASURY 2.0
11/15/2026 625,000.00 03/29/2022

2.55%
609,912.11
618,905.96

95.98 4.26%
599,847.92
1,622.93

0.72%
(19,058.04)
Aaa/AA+
AA+

1.87 1.80
91282CJP7 UNITED STATES TREASURY 4.375
12/15/2026 300,000.00 12/27/2023

4.02%
302,906.25
301,913.35
100.23

4.25%
300,679.75
612.98

0.36%
(1,233.60)
Aaa/AA+
AA+

1.96 1.85
91282CEF4 UNITED STATES TREASURY 2.5
03/31/2027 750,000.00 --

2.90%
736,449.21
743,690.90

96.29 4.25%
722,177.19
4,790.52

0.87%
(21,513.71)
Aaa/AA+
AA+

2.25 2.13
912828X88 UNITED STATES TREASURY 2.375
05/15/2027 350,000.00 06/09/2022

3.08%
338,666.02
344,559.69

95.77 4.27%
335,185.68
1,079.25

0.40%
(9,374.01)
Aaa/AA+
AA+

2.37 2.26
91282CKZ3 UNITED STATES TREASURY 4.375
07/15/2027 1,000,000.00 11/18/2024

4.29%
1,002,070.31
1,001,978.34
100.06

4.35%
1,000,586.00
20,210.60

1.20%
(1,392.34)
Aaa/AA+
AA+

2.54 2.33
91282CFM8 UNITED STATES TREASURY 4.125
09/30/2027 570,000.00 10/26/2022

4.19%
568,419.14
569,119.50

99.61 4.28%
567,749.02
6,007.31

0.68%
(1,370.47)
Aaa/AA+
AA+

2.75 2.54
9128283F5 UNITED STATES TREASURY 2.25
11/15/2027 800,000.00 12/20/2022

3.84%
743,625.00
766,993.86

94.55 4.29%
756,373.27
2,337.02

0.91%
(10,620.58)
Aaa/AA+
AA+

2.87 2.72
91282CGC9 UNITED STATES TREASURY 3.875
12/31/2027 500,000.00 05/25/2023

3.98%
497,890.63
498,626.40

98.85 4.29%
494,260.96

53.52 0.59%
(4,365.44)
Aaa/AA+
AA+

3.00 2.79
912828YB0 UNITED STATES TREASURY 1.625
08/15/2029 150,000.00 09/24/2024

3.49%
137,542.97
138,226.89

88.75 4.34%
133,131.20
920.69

0.16%
(5,095.69)
Aaa/AA+
AA+

4.62 4.33
91282CMA6 UNITED STATES TREASURY 4.125
11/30/2029 200,000.00 12/17/2024

4.25%
198,929.69
198,937.98

98.86 4.38%
197,727.76
725.27

0.24%
(1,210.22)
Aaa/AA+
AA+

4.91 4.38
Total US Treasury 13,510,000.00 3.16%
13,407,040.27
13,446,789.17

98.33 4.27%
13,279,362.18
83,040.56

15.98%
(167,426.99)
Aaa/AA+
AA+

1.52 1.43
Total Portfolio 77,203,158.26 4.28%
83,318,434.85
83,441,152.90

40.61 4.51%
83,091,500.34
231,480.33
100.00%
(349,652.57)
Aa2/AA
AA+

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

ACQUISITIONS
Purchase 12/02/2024 31846V203 1,862.50 FIRST AMER:GVT OBLG Y 1.000 4.26% (1,862.50) 0.00 (1,862.50) 0.00 Purchase 12/03/2024 31846V203 2,265.92 FIRST AMER:GVT OBLG Y 1.000 4.26% (2,265.92) 0.00 (2,265.92) 0.00 Purchase 12/09/2024 31846V203 10,125.00 FIRST AMER:GVT OBLG Y 1.000 4.25% (10,125.00) 0.00 (10,125.00) 0.00 Purchase 12/11/2024 31846V203 4,211.20 FIRST AMER:GVT OBLG Y 1.000 4.25% (4,211.20) 0.00 (4,211.20) 0.00 Purchase 12/12/2024 31846V203 410,400.00 FIRST AMER:GVT OBLG Y 1.000 4.25% (410,400.00) 0.00 (410,400.00) 0.00 Purchase 12/16/2024 31846V203 115,822.54 FIRST AMER:GVT OBLG Y 1.000 4.25% (115,822.54) 0.00 (115,822.54) 0.00 Purchase 12/16/2024 31846V203 10,878.39 FIRST AMER:GVT OBLG Y 1.000 4.25% (10,878.39) 0.00 (10,878.39) 0.00 Purchase 12/16/2024 90CAMP$00 27,218,057.38 CAMP 1.000 4.65% (27,218,057.38) 0.00 (27,218,057.38) 0.00 Purchase 12/17/2024 26444HAH4 450,000.00 DUKE ENERGY FLORIDA LLC 2.5 12/01/2029 90.303 4.72% (406,363.50) (500.00) (406,863.50) 0.00 Purchase 12/18/2024 91282CMA6 200,000.00 UNITED STATES TREASURY

4.125 11/30/2029 99.465 4.25% (198,929.69) (407.97) (199,337.66) 0.00 Purchase 12/18/2024 31846V203 6,171.41 FIRST AMER:GVT OBLG Y 1.000 4.25% (6,171.41) 0.00 (6,171.41) 0.00 Purchase 12/19/2024 31846V203 1.36 FIRST AMER:GVT OBLG Y 1.000 4.25% (1.36) 0.00 (1.36) 0.00 Purchase 12/20/2024 31846V203 336.25 FIRST AMER:GVT OBLG Y 1.000 4.25% (336.25) 0.00 (336.25) 0.00 Purchase 12/23/2024 31846V203 6,908.10 FIRST AMER:GVT OBLG Y 1.000 4.25% (6,908.10) 0.00 (6,908.10) 0.00 Purchase 12/24/2024 90CAMP$00 9,431,136.89 CAMP 1.000 4.65% (9,431,136.89) 0.00 (9,431,136.89) 0.00 Purchase 12/26/2024 31846V203 36,974.34 FIRST AMER:GVT OBLG Y 1.000 4.25% (36,974.34) 0.00 (36,974.34) 0.00 Purchase 12/26/2024 31846V203 9,739.37 FIRST AMER:GVT OBLG Y 1.000 4.25% (9,739.37) 0.00 (9,739.37) 0.00 Purchase 12/31/2024 31846V203 9,687.50 FIRST AMER:GVT OBLG Y 1.000 4.09% (9,687.50) 0.00 (9,687.50) 0.00 Purchase 12/31/2024 09CATR$05 2,609.37 CalTrust MTF 9.800 4.24% (25,571.83) 0.00 (25,571.83) 0.00 Purchase 12/31/2024 90CAMP$00 95,378.56 CAMP 1.000 4.65% (95,378.56) 0.00 (95,378.56) 0.00 Total Purchase 38,022,566.08 (38,000,821.73) (907.97) (38,001,729.70) 0.00 TOTAL
ACQUISITIONS 38,022,566.08 (38,000,821.73) (907.97) (38,001,729.70) 0.00 OTHER
Maturity 12/12/2024 06368LGU4 (400,000.00) BANK OF MONTREAL 5.2 12/12/2024 100.000 5.20% 400,000.00 0.00 400,000.00 0.00 Total Maturity (400,000.00) 400,000.00 0.00 400,000.00 0.00 Sale 12/17/2024 31846V203 (406,863.50) FIRST AMER:GVT OBLG Y 1.000 4.25% 406,863.50 0.00 406,863.50 0.00 CONFIDENTIAL | 13
City of Gardena Cons | Account #10647 | As of December 31, 2024 Execution Time: 01/13/2025 09:51:58 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/
Sold Total Amount Gain/Loss
Sale 12/18/2024 31846V203 (199,337.66) FIRST AMER:GVT OBLG Y 1.000 4.25% 199,337.66 0.00 199,337.66 0.00 Sale 12/18/2024 90CAMP$00 (15,000,000.00) CAMP 1.000 4.65% 15,000,000.00 0.00 15,000,000.00 0.00 Sale 12/31/2024 90CAMP$06 (35,000,000.00) CAMP 1.000 4.65% 35,000,000.00 0.00 35,000,000.00 0.00 Total Sale (50,606,201.16) 50,606,201.16 0.00 50,606,201.16 0.00

TOTAL OTHER
TRANSACTIONS (51,006,201.16) 51,006,201.16 0.00 51,006,201.16 0.00 OTHER
Cash Transfer 12/16/2024 CCYUSD 27,218,057.38 Cash 0.00% 27,218,057.38 0.00 27,218,057.38 0.00 Cash Transfer 12/18/2024 CCYUSD (15,000,000.00) Cash 0.00% (15,000,000.00) 0.00 (15,000,000.00) 0.00 Cash Transfer 12/24/2024 CCYUSD 9,431,136.89 Cash 0.00% 9,431,136.89 0.00 9,431,136.89 0.00 Cash Transfer 12/31/2024 CCYUSD (35,149,442.09) Cash 0.00% (35,149,442.09) 0.00 (35,149,442.09) 0.00 Total Cash
Transfer (13,500,247.82) (13,500,247.82) 0.00 (13,500,247.82) 0.00 Coupon 12/01/2024 3137FJKE8 0.00 FHMS K-082 A2 3.92
09/25/2028 3.80% 718.67 0.00 718.67 0.00
Coupon 12/01/2024 3137FETN0 0.00 FHMS K-073 A2 3.35
01/25/2028 4.23% 1,298.12 0.00 1,298.12 0.00
Coupon 12/01/2024 3137FHPJ6 0.00 FHMS K-080 A2 3.926
07/25/2028 4.43% 1,063.29 0.00 1,063.29 0.00
Coupon 12/01/2024 3137BVZ82 0.00 FHMS K-063 A2 3.43
01/25/2027 4.44% 914.67 0.00 914.67 0.00
Coupon 12/01/2024 3137BNGT5 0.00 FHMS K-054 A2 2.745
01/25/2026 4.51% 1,143.75 0.00 1,143.75 0.00
Coupon 12/01/2024 3137FJXV6 0.00 FHMS K-083 A2 4.05
09/25/2028 4.57% 1,002.38 0.00 1,002.38 0.00
Coupon 12/01/2024 3137FJEH8 0.00 FHMS K-081 A2 3.9
08/25/2028 4.81% 503.75 0.00 503.75 0.00
Coupon 12/01/2024 3137FEBQ2 0.00 FHMS K-072 A2 3.444
12/25/2027 4.91% 1,435.00 0.00 1,435.00 0.00
Coupon 12/01/2024 3137H4BY5 0.00 FHMS K-746 A2 2.031
09/25/2028 5.18% 533.14 0.00 533.14 0.00
Coupon 12/01/2024 3137FJZ93 0.00 FHMS K-084 A2 3.78
10/25/2028 5.27% 756.00 0.00 756.00 0.00
CONFIDENTIAL | 14
City of Gardena Cons | Account #10647 | As of December 31, 2024 Execution Time: 01/13/2025 09:51:58 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/
Sold Total Amount Gain/Loss
Coupon 12/07/2024 3133ERGL9 0.00

FEDERAL FARM CREDIT

BANKS FUNDING CORP

4.5 06/07/2028

4.44% 10,125.00 0.00 10,125.00 0.00
Coupon 12/11/2024 89115A2V3 0.00 TORONTO-DOMINION
BANK 5.264 12/11/2026 5.26% 4,211.20 0.00 4,211.20 0.00 Coupon 12/12/2024 06368LGU4 0.00 BANK OF MONTREAL 5.2
12/12/2024 5.20% 10,400.00 0.00 10,400.00 0.00
Coupon 12/15/2024 47789QAC4 0.00 JDOT 2021-B A3 0.52
03/16/2026 0.53% 4.61 0.00 4.61 0.00
Coupon 12/15/2024 89238JAC9 0.00 TAOT 2021-D A3 0.71
04/15/2026 0.71% 7.95 0.00 7.95 0.00
Coupon 12/15/2024 43815BAC4 0.00 HAROT 2022-1 A3 1.88
05/15/2026 1.90% 93.37 0.00 93.37 0.00
Coupon 12/15/2024 47787JAC2 0.00 JDOT 2022 A3 0.36
09/15/2026 2.35% 83.61 0.00 83.61 0.00
Coupon 12/15/2024 89238FAD5 0.00 TAOT 2022-B A3 2.93
09/15/2026 2.95% 126.16 0.00 126.16 0.00
Coupon 12/15/2024 02582JJT8 0.00 AMXCA 2022-2 A 3.39
05/17/2027 3.42% 522.63 0.00 522.63 0.00
Coupon 12/15/2024 63743HFE7 0.00

NATIONAL RURAL

UTILITIES COOPERATIVE
FINANCE CORP 3.45
06/15/2025

3.46% 1,638.75 0.00 1,638.75 0.00
Coupon 12/15/2024 47800AAC4 0.00 JDOT 2022-B A3 3.74
02/16/2027 3.78% 272.98 0.00 272.98 0.00
Coupon 12/15/2024 3133EPN50 0.00

FEDERAL FARM CREDIT

BANKS FUNDING CORP

4.25 12/15/2028

3.89% 13,812.50 0.00 13,812.50 0.00
Coupon 12/15/2024 91282CHH7 0.00 UNITED STATES TREASURY

4.125 06/15/2026 3.94% 9,796.88 0.00 9,796.88 0.00
Coupon 12/15/2024 91282CJP7 0.00 UNITED STATES TREASURY

4.375 12/15/2026 4.02% 6,562.50 0.00 6,562.50 0.00
Coupon 12/15/2024 341081GT8 0.00 FLORIDA POWER & LIGHT
CO 5.15 06/15/2029 4.03% 9,064.00 0.00 9,064.00 0.00
CONFIDENTIAL | 15
City of Gardena Cons | Account #10647 | As of December 31, 2024 Execution Time: 01/13/2025 09:51:58 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/
Sold Total Amount Gain/Loss
Coupon 12/15/2024 58769GAD5 0.00 MBALT 2024-B A3 4.23
02/15/2028 4.28% 458.25 0.00 458.25 0.00
Coupon 12/15/2024 91282CGA3 0.00 UNITED STATES TREASURY

4.0 12/15/2025 4.38% 12,000.00 0.00 12,000.00 0.00
Coupon 12/15/2024 89239TAD4 0.00 TAOT 2024-D A3 4.4
06/15/2029 4.44% 385.00 0.00 385.00 0.00
Coupon 12/15/2024 448976AD2 0.00 HART 2024-C A3 4.41
05/15/2029 4.45% 514.50 0.00 514.50 0.00
Coupon 12/15/2024 58770AAC7 0.00 MBART 2023-1 A3 4.51
11/15/2027 4.56% 343.32 0.00 343.32 0.00
Coupon 12/15/2024 448979AD6 0.00 HART 2023-A A3 4.58
04/15/2027 4.63% 591.58 0.00 591.58 0.00
Coupon 12/15/2024 44934QAD3 0.00 HART 2024-B A3 4.84
03/15/2029 4.90% 363.00 0.00 363.00 0.00
Coupon 12/15/2024 91282CEU1 0.00 UNITED STATES TREASURY

2.875 06/15/2025 4.90% 7,187.50 0.00 7,187.50 0.00
Coupon 12/15/2024 02582JJZ4 0.00 AMXCA 2023-1 A 4.87
05/15/2026 4.92% 507.29 0.00 507.29 0.00
Coupon 12/15/2024 47800BAC2 0.00 JDOT 2022-C A3 5.09
06/15/2027 5.15% 747.54 0.00 747.54 0.00
Coupon 12/15/2024 161571HT4 0.00 CHAIT 2023-1 A 5.16
09/15/2028 5.23% 1,462.00 0.00 1,462.00 0.00
Coupon 12/15/2024 02582JKD1 0.00 AMXCA 2023-3 A 5.23
09/15/2028 5.29% 1,481.83 0.00 1,481.83 0.00
Coupon 12/15/2024 47787CAC7 0.00 JDOT 2023-C A3 5.48
05/15/2028 5.55% 1,415.67 0.00 1,415.67 0.00
Coupon 12/16/2024 36265WAD5 0.00 GMCAR 2022-3 A3 3.64
04/16/2027 3.67% 178.19 0.00 178.19 0.00
Coupon 12/16/2024 38014AAD3 0.00 GMCAR 2024-4 A3 4.4
08/16/2029 4.32% 348.33 0.00 348.33 0.00
Coupon 12/16/2024 362583AD8 0.00 GMCAR 2023-2 A3 4.47
02/16/2028 4.51% 428.38 0.00 428.38 0.00
Coupon 12/18/2024 43815PAC3 0.00 HAROT 2022-2 A3 3.73
07/20/2026 3.76% 188.03 0.00 188.03 0.00
CONFIDENTIAL | 16
City of Gardena Cons | Account #10647 | As of December 31, 2024 Execution Time: 01/13/2025 09:51:58 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/
Sold Total Amount Gain/Loss
Coupon 12/20/2024 379929AD4 0.00 GMALT 2023-3 A3 5.38
11/20/2026 5.45% 336.25 0.00 336.25 0.00
Coupon 12/21/2024 43815GAC3 0.00 HAROT 2021-4 A3 0.88
01/21/2026 0.90% 12.07 0.00 12.07 0.00
Coupon 12/21/2024 43815JAC7 0.00 HAROT 2023-1 A3 5.04
04/21/2027 5.11% 294.00 0.00 294.00 0.00
Coupon 12/25/2024 437076DC3 0.00 HOME DEPOT INC 4.75
06/25/2029 4.74% 7,006.25 0.00 7,006.25 0.00
Coupon 12/25/2024 05593AAC3 0.00 BMWLT 2023-1 A3 5.16
11/25/2025 5.22% 62.60 0.00 62.60 0.00
Coupon 12/25/2024 05602RAD3 0.00 BMWOT 2022-A A3 3.21
08/25/2026 6.25% 299.06 0.00 299.06 0.00
Coupon 12/31/2024 91282CGC9 0.00 UNITED STATES TREASURY

3.875 12/31/2027 3.98% 9,687.50 0.00 9,687.50 0.00
Total Coupon 0.00 122,389.05 0.00 122,389.05 0.00
Dividend 12/19/2024 31846V203 0.00 FIRST AMER:GVT OBLG Y 4.25% 1.36 0.00 1.36 0.00 Dividend 12/31/2024 09CATR$05 0.00 CalTrust MTF 4.24% 25,571.80 0.00 25,571.80 0.00 Dividend 12/31/2024 90CAMP$00 0.00 CAMP 4.65% 95,378.56 0.00 95,378.56 0.00 Dividend 12/31/2024 90CAMP$06 0.00 CAMP 4.65% 149,442.12 0.00 149,442.12 0.00 Dividend 12/31/2024 31846V203 0.00 FIRST AMER:GVT OBLG Y 4.16% 801.21 0.00 801.21 0.00 Total Dividend 0.00 271,195.05 0.00 271,195.05 0.00
Principal
Paydown 12/01/2024 3137BNGT5 12,220.27 FHMS K-054 A2 2.745 01/25/2026 4.51% 12,220.27 -- 12,220.27 0.00
Principal
Paydown 12/15/2024 47789QAC4 1,767.62 JDOT 2021-B A3 0.52 03/16/2026 0.53% 1,767.62 -- 1,767.62 (0.00)
Principal
Paydown 12/15/2024 89238JAC9 2,469.15 TAOT 2021-D A3 0.71 04/15/2026 0.71% 2,469.15 -- 2,469.15 (0.00)
Principal
Paydown 12/15/2024 43815BAC4 7,552.27 HAROT 2022-1 A3 1.88 05/15/2026 1.90% 7,552.27 -- 7,552.27 (0.00)
Principal
Paydown 12/15/2024 47787JAC2 5,189.39 JDOT 2022 A3 0.36 09/15/2026 2.35% 5,189.39 -- 5,189.39 0.00
Principal
Paydown 12/15/2024 89238FAD5 5,157.27 TAOT 2022-B A3 2.93 09/15/2026 2.95% 5,157.27 -- 5,157.27 0.00
CONFIDENTIAL | 17
City of Gardena Cons | Account #10647 | As of December 31, 2024 Execution Time: 01/13/2025 09:51:58 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/
Sold Total Amount Gain/Loss
Principal
Paydown 12/15/2024 47800AAC4 5,177.09 JDOT 2022-B A3 3.74 02/16/2027 3.78% 5,177.09 -- 5,177.09 (0.00)
Principal
Paydown 12/15/2024 58770AAC7 5,783.53 MBART 2023-1 A3 4.51 11/15/2027 4.56% 5,783.53 -- 5,783.53 0.00
Principal
Paydown 12/15/2024 448979AD6 9,510.10 HART 2023-A A3 4.58 04/15/2027 4.63% 9,510.10 -- 9,510.10 (0.00)
Principal
Paydown 12/15/2024 47800BAC2 8,550.14 JDOT 2022-C A3 5.09 06/15/2027 5.15% 8,550.14 -- 8,550.14 0.00
Principal
Paydown 12/16/2024 36265WAD5 5,146.05 GMCAR 2022-3 A3 3.64 04/16/2027 3.67% 5,146.05 -- 5,146.05 0.00
Principal
Paydown 12/18/2024 43815PAC3 5,983.38 HAROT 2022-2 A3 3.73 07/20/2026 3.76% 5,983.38 -- 5,983.38 0.00
Principal
Paydown 12/21/2024 43815GAC3 3,126.39 HAROT 2021-4 A3 0.88 01/21/2026 0.90% 3,126.39 -- 3,126.39 (0.00)
Principal
Paydown 12/21/2024 43815JAC7 3,475.64 HAROT 2023-1 A3 5.04 04/21/2027 5.11% 3,475.64 -- 3,475.64 (0.00)
Principal
Paydown 12/25/2024 05593AAC3 4,282.95 BMWLT 2023-1 A3 5.16 11/25/2025 5.22% 4,282.95 -- 4,282.95 (0.00)
Principal
Paydown 12/25/2024 05602RAD3 13,473.81 BMWOT 2022-A A3 3.21 08/25/2026 6.27% 13,473.81 -- 13,473.81 (0.00)
Total Principal
Paydown 98,865.05 98,865.05 -- 98,865.05 (0.01)

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

CASH & EQUIVALENTS
31846V203 FIRST AMER:GVT OBLG Y
172,159.04
152,976.32
625,383.88
(606,201.16)
172,159.04

0.00 2,267.28

0.00 0.00

0.00 2,267.28
2,267.28
CCYUSD Receivable
64,495.37
46,381.59

0.00 0.00
64,495.37

0.00 0.00

0.00 Total Cash & Equivalents 236,654.41
199,357.91
625,383.88
(606,201.16)
236,654.41

0.00 2,267.28

0.00 0.00

0.00 2,267.28 2,267.28

FIXED INCOME
02582JJT8 AMXCA 2022-2 A 3.39
05/17/2027
05/17/2022
05/24/2022
185,000.00
184,991.33

0.00 0.00
184,992.96
278.73
522.63
278.73
522.63

1.63 0.00

1.63 524.26
524.26
02582JJZ4 AMXCA 2023-1 A 4.87
05/15/2026
06/07/2023
06/14/2023
125,000.00
124,992.88

0.00 0.00
124,993.29
270.56
507.29
270.56
507.29

0.42 0.00

0.42 507.71
507.71
02582JKD1 AMXCA 2023-3 A 5.23
09/15/2028
09/12/2023
09/19/2023
340,000.00
339,988.46

0.00 0.00
339,988.72
790.31
1,481.83
790.31
1,481.83

0.26 0.00

0.26 1,482.09
1,482.09
037833BY5 APPLE INC 3.25 02/23/2026
05/09/2023
05/11/2023
400,000.00
396,330.45

0.00 0.00
396,583.80
3,538.89

0.00 4,622.22
1,083.33
253.35

0.00 253.35
1,336.69
1,336.69
05593AAC3 BMWLT 2023-1 A3 5.16
11/25/2025
02/07/2023
02/15/2023
10,275.02
14,557.85

0.00 (4,282.95)
10,274.94

12.52 62.60

8.84 58.92

0.04 0.00

0.04 58.96

0.00 (13,473.81)
97,178.50

59.81 299.06

52.60 291.85
224.57

0.00 224.57
516.42
516.42
06368LGU4 BANK OF MONTREAL 5.2
12/12/2024
03/25/2024
03/27/2024

0.00 399,972.58

0.00 (400,000.00)

0.00 9,764.44
10,400.00

0.00 635.56

27.42 0.00

27.42 662.97
662.97
06428CAA2 BANK OF AMERICA NA 5.526
08/18/2026
09/19/2023
09/21/2023
300,000.00
299,574.51

0.00 0.00
299,595.61
4,743.15

0.00 6,124.65
1,381.50

21.10 0.00

21.10 1,402.60
1,402.60
14913UAL4

CATERPILLAR FINANCIAL
SERVICES CORP 5.0
05/14/2027
05/21/2024
05/23/2024
405,000.00
405,612.12

0.00 0.00
405,590.89
956.25

0.00 2,643.75
1,687.50

0.00 (21.23)
(21.23)
1,666.27
1,666.27
161571HT4 CHAIT 2023-1 A 5.16
09/15/2028
09/07/2023
09/15/2023
340,000.00
339,928.60

0.00 0.00
339,930.20
779.73
1,462.00
779.73
1,462.00

1.60 0.00

1.60 1,463.60
1,463.60
17275RBQ4 CISCO SYSTEMS INC 4.8
02/26/2027
02/21/2024
02/26/2024
170,000.00
169,835.26

0.00 0.00
169,841.51
2,153.33

0.00 2,833.33
680.00

6.25 0.00

6.25 686.25
686.25
20030NCS8 COMCAST CORP 3.95
10/15/2025
03/11/2024
03/13/2024
400,000.00
396,678.79

0.00 0.00
397,002.55
2,018.89

0.00 3,335.56
1,316.67
323.77

0.00 323.77
1,640.43
1,640.43
24422EWB1 JOHN DEERE CAPITAL CORP

2.125 03/07/2025
03/02/2022
03/07/2022
130,000.00
129,995.10

0.00 0.00
129,996.68
644.58

0.00 874.79
230.21

1.58 0.00

1.58 231.79
231.79
26444HAH4 DUKE ENERGY FLORIDA LLC

2.5 12/01/2029
12/16/2024
12/17/2024
450,000.00

0.00 406,363.50

0.00 406,725.13

0.00 (500.00)
937.50
437.50
361.63

4.5 03/10/2028
03/21/2023
03/22/2023
700,000.00
710,402.10

0.00 0.00
710,132.25
7,087.50

0.00 9,712.50
2,625.00

0.00 (269.85)
(269.85)
2,355.15
2,355.15
3130B3A29 FEDERAL HOME LOAN BANKS

4.0 10/09/2026
10/21/2024
10/22/2024
600,000.00
599,994.33

0.00 0.00
599,994.59
3,333.33

0.00 5,333.33
2,000.00

0.26 0.00

0.26 2,000.26
2,000.26
3133ENKS8

FEDERAL FARM CREDIT
BANKS FUNDING CORP 1.125
01/06/2025 750,000.00
749,660.49

0.00 0.00
749,952.85
3,398.44

0.00 4,101.56
703.13
292.35

0.00 292.35
995.48
995.48
3133ENPG9

FEDERAL FARM CREDIT
BANKS FUNDING CORP 1.75
02/14/2025
02/10/2022
02/15/2022
415,000.00
414,924.11

0.00 0.00
414,955.48
2,158.58

0.00 2,763.78
605.21

31.37 0.00

31.37 636.58
636.58
3133EPN50

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.25
12/15/2028
12/28/2023
12/29/2023
650,000.00
658,603.90

0.00 0.00
658,423.07
12,738.19
13,812.50
1,227.78
2,302.08

0.00 (180.83)
(180.83)
2,121.26
2,121.26
3133ERFJ5

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.5
05/20/2027
05/23/2024
05/24/2024
330,000.00
327,800.40

0.00 0.00
327,876.17
453.75

0.00 1,691.25
1,237.50

75.76 0.00

75.76 1,313.26
1,313.26
3133ERGL9

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.5
06/07/2028
06/25/2024
06/26/2024
450,000.00
450,876.63

0.00 0.00
450,855.46
9,787.50
10,125.00
1,350.00
1,687.50

0.00 (21.16)
(21.16)
1,666.34
1,666.34
3135G06G3

FEDERAL NATIONAL
MORTGAGE ASSOCIATION 0.5
11/07/2025
11/18/2020
11/19/2020
350,000.00
349,932.23

0.00 0.00
349,938.39
116.67

0.00 262.50
145.83

6.16 0.00

6.16 151.99
151.99
3137BNGT5 FHMS K-054 A2 2.745
01/25/2026
02/15/2023
02/21/2023
487,779.73
490,444.90

0.00 (12,220.27)
479,187.88
1,143.75
1,143.75
1,115.80
1,115.80
963.25

0.00 0.00
313,594.37
914.67
914.67
914.67
914.67
272.02

0.00 272.02
1,186.69
1,186.69
3137FEBQ2 FHMS K-072 A2 3.444
12/25/2027
08/22/2023
08/25/2023
500,000.00
479,230.60

0.00 0.00
479,818.60
1,435.00
1,435.00
1,435.00
1,435.00
587.99

0.00 587.99
2,022.99
2,022.99
3137FETN0 FHMS K-073 A2 3.35
01/25/2028
05/24/2023
05/30/2023
465,000.00
452,852.76

0.00 0.00
453,187.18
1,298.13
1,298.12
1,298.13
1,298.12
334.43

0.00 334.43
1,632.55
1,632.55
3137FHPJ6 FHMS K-080 A2 3.926
07/25/2028
01/23/2024
01/26/2024
325,000.00
319,191.16

0.00 0.00
319,328.83
1,063.29
1,063.29
1,063.29
1,063.29
137.67

0.00 137.67
1,200.96
1,200.96
3137FJEH8 FHMS K-081 A2 3.9
08/25/2028
09/15/2023
09/20/2023
155,000.00
150,054.46

0.00 0.00
150,168.95
503.75
503.75
503.75
503.75
114.50

0.00 114.50
618.25
618.25
3137FJKE8 FHMS K-082 A2 3.92
09/25/2028
09/20/2024
09/25/2024
220,000.00
220,548.93

0.00 0.00
220,536.51
718.67
718.67
718.67
718.67

0.00 (12.42)
(12.42)
706.25
706.25
3137FJXV6 FHMS K-083 A2 4.05
09/25/2028
12/07/2023
12/12/2023
297,000.00
291,268.90

0.00 0.00
291,398.58
1,002.38
1,002.38
1,002.38
1,002.38
129.68

0.00 129.68
1,132.06
1,132.06
3137FJZ93 FHMS K-084 A2 3.78
10/25/2028
10/20/2023
10/25/2023
240,000.00
227,435.52

0.00 0.00
227,713.74
756.00
756.00
756.00
756.00
278.21

0.00 278.21
1,034.21
1,034.21
3137H4BY5 FHMS K-746 A2 2.031
09/25/2028
10/03/2023
10/06/2023
315,000.00
281,341.60

0.00 0.00
282,103.21
533.14
533.14
533.14
533.14
761.61

5.15 06/15/2029
09/19/2024
09/20/2024
330,000.00
344,670.00

0.00 0.00
344,385.05
8,403.08
9,064.00
755.33
1,416.25

0.00 (284.94)
(284.94)
1,131.31
1,131.31
362583AD8 GMCAR 2023-2 A3 4.47
02/16/2028
04/04/2023
04/12/2023
115,000.00
114,997.91

0.00 0.00
114,997.97
214.19
428.38
214.19
428.38

0.06 0.00

0.06 428.44
428.44
36265WAD5 GMCAR 2022-3 A3 3.64
04/16/2027
07/06/2022
07/13/2022
53,598.47
58,744.36

0.00 (5,146.05)
53,598.33

89.10 178.19

81.29 170.39

0.02 0.00

0.02 170.40
170.40
379929AD4 GMALT 2023-3 A3 5.38
11/20/2026
08/08/2023
08/16/2023
75,000.00
74,994.58

0.00 0.00
74,994.81
123.29
336.25
123.29
336.25

0.23 0.00

0.23 336.48
336.48
38014AAD3 GMCAR 2024-4 A3 4.4
08/16/2029
10/08/2024
10/16/2024
95,000.00
94,982.18

0.00 0.00
94,982.50
174.17
348.33
174.17
348.33

0.32 0.00

0.32 348.65
348.65
437076CR1 HOME DEPOT INC 4.0
09/15/2025
09/12/2022
09/19/2022
110,000.00
109,989.56

0.00 0.00
109,990.68
928.89

0.00 1,295.56
366.67

1.12 0.00

1.12 367.79
367.79
437076DC3 HOME DEPOT INC 4.75
06/25/2029 295,000.00
295,111.99

0.00 0.00
295,109.57
6,072.08
7,006.25
233.54
1,167.71

15.88 (18.30)
(2.42)
1,165.29
1,165.29
43815BAC4 HAROT 2022-1 A3 1.88
05/15/2026
02/15/2022
02/23/2022
52,043.65
59,593.14

0.00 (7,552.27)
52,041.37

49.80 93.37

43.49 87.06

0.49 0.00

0.49 87.55

87.55 43815GAC3 HAROT 2021-4 A3 0.88
01/21/2026
11/16/2021
11/24/2021
13,334.17
16,459.72

0.00 (3,126.39)
13,333.54

4.02 12.07

3.26 11.31

0.21 0.00

0.21 11.51

0.00 (3,475.64)
66,517.54

98.00 294.00

93.13 289.13

0.62 0.00

0.62 289.75
289.75
43815PAC3 HAROT 2022-2 A3 3.73
07/20/2026
08/15/2022
08/24/2022
54,507.51
60,489.63

0.00 (5,983.38)
54,506.44

81.48 188.03

73.42 179.97

0.18 0.00

0.18 180.15
180.15
438516CJ3 HONEYWELL INTERNATIONAL
INC 4.95 02/15/2028
02/13/2023
02/15/2023
400,000.00
405,698.09

0.00 0.00
405,543.14
5,830.00

0.00 7,480.00
1,650.00

0.00 (154.95)
(154.95)
1,495.05
1,495.05
448976AD2 HART 2024-C A3 4.41
05/15/2029
10/08/2024
10/16/2024
140,000.00
139,990.03

0.00 0.00
139,990.22
274.40
514.50
274.40
514.50

0.19 0.00

0.19 514.69
514.69
448979AD6 HART 2023-A A3 4.58
04/15/2027
04/04/2023
04/12/2023
145,489.90
154,991.06

0.00 (9,510.10)
145,481.81
315.51
591.58
296.15
572.22

0.85 0.00

0.85 573.07
573.07
44934QAD3 HART 2024-B A3 4.84
03/15/2029
07/16/2024
07/24/2024
90,000.00
89,987.46

0.00 0.00
89,987.71
193.60
363.00
193.60
363.00

0.25 0.00

0.25 363.25
363.25
459058KT9

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.5 07/12/2028
11/28/2023
11/30/2023
250,000.00
241,685.84

0.00 0.00
241,881.25
3,378.47

0.00 4,107.64
729.17
195.40

0.00 195.40
924.57
924.57
459058KW2

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 4.625 08/01/2028 250,000.00
247,248.88

0.00 0.00
247,312.58
3,854.17

0.00 4,817.71
963.54

63.69 0.00

63.69 1,027.23
1,027.23
459058LK7

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 4.0 08/27/2026
08/20/2024
08/27/2024
170,000.00
169,828.73

0.00 0.00
169,837.11
1,775.56

0.00 2,342.22
566.67

8.37 0.00

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.875 10/16/2029
10/08/2024
10/16/2024
300,000.00
299,236.73

0.00 0.00
299,250.02
1,453.13

0.00 2,421.88
968.75

13.29 0.00

13.29 982.04
982.04
46625HMN7 JPMORGAN CHASE & CO 3.9
07/15/2025
05/29/2024
05/30/2024
400,000.00
396,012.28

0.00 0.00
396,559.27
5,893.33

0.00 7,193.33
1,300.00
546.99

0.00 546.99
1,846.99
1,846.99
47787CAC7 JDOT 2023-C A3 5.48
05/15/2028
09/12/2023
09/19/2023
310,000.00
309,984.20

0.00 0.00
309,984.59
755.02
1,415.67
755.02
1,415.67

0.39 0.00

0.39 1,416.06
1,416.06
47787JAC2 JDOT 2022 A3 0.36
09/15/2026
03/10/2022
03/16/2022
38,059.09
43,244.97

0.00 (5,189.39)
38,056.15

44.59 83.61

39.24 78.26

0.57 0.00

0.57 78.83

78.83 47789QAC4 JDOT 2021-B A3 0.52
03/16/2026
07/13/2021
07/21/2021
8,871.23
10,638.70

0.00 (1,767.62)
8,871.11

2.46 4.61

2.05 4.20

0.03 0.00

0.03 4.23

4.23 47800AAC4 JDOT 2022-B A3 3.74
02/16/2027
07/12/2022
07/20/2022
82,411.60
87,585.35

0.00 (5,177.09)
82,408.58
145.59
272.98
136.99
264.37

0.32 0.00

0.32 264.69
264.69
47800BAC2 JDOT 2022-C A3 5.09
06/15/2027
10/12/2022
10/19/2022
167,687.16
176,230.59

0.00 (8,550.14)
167,680.99
398.69
747.54
379.35
728.20

0.54 0.00

0.54 728.74
728.74
57636QAW4 MASTERCARD INC 4.875
03/09/2028
04/19/2023
04/21/2023
290,000.00
295,863.77

0.00 0.00
295,707.74
3,220.21

0.00 4,398.33
1,178.13

0.00 (156.03)
(156.03)
1,022.09
1,022.09
58769GAD5 MBALT 2024-B A3 4.23
02/15/2028
09/17/2024
09/25/2024
130,000.00
129,979.30

0.00 0.00
129,979.85
244.40
458.25
244.40
458.25

0.55 0.00

0.00 (5,783.53)
85,558.66
183.10
343.32
171.51
331.73

0.59 0.00

0.59 332.32
332.32
58933YBH7 MERCK & CO INC 4.05
05/17/2028
05/08/2023
05/17/2023
90,000.00
89,949.60

0.00 0.00
89,950.84
141.75

0.00 445.50
303.75

1.24 0.00

1.24 304.99
304.99
6174468C6 MORGAN STANLEY 4.0
07/23/2025
04/10/2024
04/12/2024
394,000.00
390,231.23

0.00 0.00
390,730.51
5,603.56

0.00 6,916.89
1,313.33
499.28

0.00 499.28
1,812.62
1,812.62
61747YET8 MORGAN STANLEY 4.679
07/17/2026
07/18/2022
07/20/2022
175,000.00
175,000.00

0.00 0.00
175,000.00
3,047.85

0.00 3,730.20
682.35

0.00 0.00

0.00 682.35
682.35
63743HFE7

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

3.45 06/15/2025
04/27/2022
05/04/2022
95,000.00
94,995.58

0.00 0.00
94,996.28
1,511.29
1,638.75
145.67
273.13

0.70 0.00

0.70 273.82
273.82
63743HFK3

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

5.6 11/13/2026
11/14/2023
11/16/2023
390,000.00
392,350.80

0.00 0.00
392,243.79
1,092.00

0.00 2,912.00
1,820.00

0.00 (107.01)
(107.01)
1,712.99
1,712.99
665859AW4 NORTHERN TRUST CORP 4.0
05/10/2027
10/05/2022
10/07/2022
450,000.00
443,048.60

0.00 0.00
443,290.73
1,050.00

0.00 2,550.00
1,500.00
242.13

0.00 242.13
1,742.13
1,742.13
69371RS80 PACCAR FINANCIAL CORP 4.6
01/31/2029
01/24/2024
01/31/2024
410,000.00
409,443.27

0.00 0.00
409,454.61
6,339.06

0.00 7,910.72
1,571.67

11.34 0.00

11.34 1,583.01
1,583.01
713448FX1 PEPSICO INC 4.5 07/17/2029
07/15/2024
07/17/2024
295,000.00
294,577.06

0.00 0.00
294,584.82
4,941.25

0.00 6,047.50
1,106.25

7.76 0.00

0.00 0.00
287,675.91
925.00

0.00 1,850.00
925.00
314.18

0.00 314.18
1,239.18
1,239.18
78016HZT0 ROYAL BANK OF CANADA

4.875 01/19/2027
01/10/2024
01/19/2024
150,000.00
149,973.35

0.00 0.00
149,974.41
2,681.25

0.00 3,290.63
609.38

1.06 0.00

1.06 610.44
610.44
857477BR3 STATE STREET CORP 1.746
02/06/2026
02/02/2022
02/07/2022
90,000.00
90,000.00

0.00 0.00
90,000.00
501.98

0.00 632.93
130.95

0.00 0.00

0.00 130.95
130.95
857477CL5 STATE STREET CORP 4.993
03/18/2027
03/13/2024
03/18/2024
365,000.00
365,000.00

0.00 0.00
365,000.00
3,695.51

0.00 5,214.22
1,518.70

0.00 0.00

0.00 1,518.70
1,518.70
89115A2V3 TORONTO-DOMINION BANK

5.264 12/11/2026
12/04/2023
12/11/2023
160,000.00
160,000.00

0.00 0.00
160,000.00
3,977.24
4,211.20
467.91
701.87

0.00 0.00

0.00 701.87
701.87
89115A2W1 TORONTO-DOMINION BANK

4.98 04/05/2027
04/08/2024
04/10/2024
400,000.00
397,998.20

0.00 0.00
398,070.78
3,098.67

0.00 4,758.67
1,660.00

72.58 0.00

72.58 1,732.58
1,732.58
89236TMF9 TOYOTA MOTOR CREDIT
CORP 5.05 05/16/2029
06/25/2024
06/26/2024
400,000.00
402,617.78

0.00 0.00
402,567.91
841.67

0.00 2,525.00
1,683.33

0.00 (49.88)
(49.88)
1,633.46
1,633.46
89238FAD5 TAOT 2022-B A3 2.93
09/15/2026
04/07/2022
04/13/2022
46,513.51
51,670.43

0.00 (5,157.27)
46,513.21

67.29 126.16

60.57 119.44

0.05 0.00

0.05 119.49
119.49
89238JAC9 TAOT 2021-D A3 0.71
04/15/2026
11/09/2021
11/15/2021
10,967.43
13,436.53

0.00 (2,469.15)
10,967.39

4.24 7.95

3.46 7.17

0.01 0.00

0.01 7.18

0.00 0.00
104,994.40
205.33
385.00
205.33
385.00

0.11 0.00

0.11 385.11
385.11
9128283F5 UNITED STATES TREASURY

2.25 11/15/2027
12/20/2022
12/21/2022
800,000.00
766,017.53

0.00 0.00
766,993.86
795.58

0.00 2,337.02
1,541.44
976.33

0.00 976.33
2,517.76
2,517.76
9128284Z0 UNITED STATES TREASURY

2.75 08/31/2025 750,000.00
759,703.85

0.00 0.00
758,601.95
5,241.71

0.00 7,007.94
1,766.23

0.00 (1,101.90)
(1,101.90)
664.33
664.33
9128286L9 UNITED STATES TREASURY

2.25 03/31/2026
02/25/2022
02/28/2022
750,000.00
753,276.07

0.00 0.00
753,066.67
2,874.31

0.00 4,311.47
1,437.16

0.00 (209.40)
(209.40)
1,227.76
1,227.76
912828R36 UNITED STATES TREASURY

1.625 05/15/2026
10/14/2021
10/15/2021
250,000.00
252,264.60

0.00 0.00
252,132.14
179.56

0.00 527.45
347.89

0.00 (132.46)
(132.46)
215.44
215.44
912828U24 UNITED STATES TREASURY 2.0
11/15/2026
03/29/2022
03/30/2022
625,000.00
618,629.36

0.00 0.00
618,905.96
552.49

0.00 1,622.93
1,070.44
276.60

0.00 276.60
1,347.04
1,347.04
912828X88 UNITED STATES TREASURY

2.375 05/15/2027
06/09/2022
06/10/2022
350,000.00
344,364.50

0.00 0.00
344,559.69
367.40

0.00 1,079.25
711.84
195.20

0.00 195.20
907.04
907.04
912828YB0 UNITED STATES TREASURY

1.625 08/15/2029
09/24/2024
09/25/2024
150,000.00
138,010.54

0.00 0.00
138,226.89
715.35

0.00 920.69
205.33
216.34

0.00 216.34
421.67
421.67
912828YG9 UNITED STATES TREASURY

1.625 09/30/2026
12/28/2021
12/29/2021
300,000.00
302,038.20

0.00 0.00
301,943.61
830.36

0.00 1,245.54
415.18

1.375 01/31/2025
02/17/2022
02/18/2022
750,000.00
749,593.84

0.00 0.00
749,800.25
3,446.84

0.00 4,315.56
868.72
206.41

0.00 206.41
1,075.13
1,075.13
912828ZF0 UNITED STATES TREASURY 0.5
03/31/2025
03/25/2021
03/29/2021
350,000.00
349,910.29

0.00 0.00
349,933.46
298.08

0.00 447.12
149.04

23.18 0.00

23.18 172.21
172.21
912828ZT0 UNITED STATES TREASURY

0.25 05/31/2025
02/25/2021
02/26/2021
365,000.00
364,377.65

0.00 0.00
364,484.24

2.51 456.25

80.22 533.96
106.59

0.00 106.59
640.55
640.55
91282CAZ4 UNITED STATES TREASURY

0.375 11/30/2025 750,000.00
746,307.44

0.00 0.00
746,621.92

7.73 1,406.25
247.25
1,645.78
314.48

0.00 314.48
1,960.25
1,960.25
91282CEF4 UNITED STATES TREASURY 2.5
03/31/2027 750,000.00
743,452.09

0.00 0.00
743,690.90
3,193.68

0.00 4,790.52
1,596.84
238.81

0.00 238.81
1,835.65
1,835.65
91282CEH0 UNITED STATES TREASURY

2.625 04/15/2025
04/18/2024
04/19/2024
450,000.00
445,898.11

0.00 0.00
446,840.03
1,525.24

0.00 2,531.25
1,006.01
941.91

0.00 941.91
1,947.92
1,947.92
91282CEU1 UNITED STATES TREASURY

2.875 06/15/2025
07/30/2024
07/31/2024
500,000.00
494,731.83

0.00 0.00
495,565.06
6,637.64
7,187.50
671.36
1,221.22
833.23

0.00 833.23
2,054.45
2,054.45
91282CEY3 UNITED STATES TREASURY 3.0
07/15/2025
03/15/2024
03/18/2024
475,000.00
469,524.37

0.00 0.00
470,275.46
5,382.47

0.00 6,582.88
1,200.41
751.08

0.00 751.08
1,951.49
1,951.49
91282CFK2 UNITED STATES TREASURY 3.5
09/15/2025
03/15/2024
03/18/2024
475,000.00
470,008.59

0.00 0.00
470,545.86
3,536.26

0.00 4,959.94
1,423.69
537.27

4.125 09/30/2027
10/26/2022
10/27/2022
570,000.00
569,092.26

0.00 0.00
569,119.50
4,004.88

0.00 6,007.31
2,002.44

27.24 0.00

27.24 2,029.68
2,029.68
91282CFP1 UNITED STATES TREASURY

4.25 10/15/2025
06/23/2023
06/26/2023
550,000.00
548,482.67

0.00 0.00
548,630.59
3,018.20

0.00 5,008.93
1,990.73
147.92

0.00 147.92
2,138.64
2,138.64
91282CGA3 UNITED STATES TREASURY 4.0
12/15/2025
11/18/2024
11/19/2024
600,000.00
597,705.46

0.00 0.00
597,893.14
11,081.97
12,000.00
1,120.88
2,038.91
187.68

0.00 187.68
2,226.59
2,226.59
91282CGC9 UNITED STATES TREASURY

3.875 12/31/2027
05/25/2023
05/26/2023
500,000.00
498,587.48

0.00 0.00
498,626.40
8,108.02
9,687.50

53.52 1,633.01

38.92 0.00

38.92 1,671.93
1,671.93
91282CHH7 UNITED STATES TREASURY

4.125 06/15/2026
08/26/2024
08/27/2024
475,000.00
476,283.32

0.00 0.00
476,212.41
9,047.39
9,796.88
915.09
1,664.59

0.00 (70.91)
(70.91)
1,593.67
1,593.67
91282CJC6 UNITED STATES TREASURY

4.625 10/15/2026
08/26/2024
08/27/2024
475,000.00
481,588.58

0.00 0.00
481,289.54
2,836.62

0.00 4,707.59
1,870.97

0.00 (299.04)
(299.04)
1,571.92
1,571.92
91282CJP7 UNITED STATES TREASURY

4.375 12/15/2026
12/27/2023
12/28/2023
300,000.00
301,996.54

0.00 0.00
301,913.35
6,060.45
6,562.50
612.98
1,115.03

0.00 (83.19)
(83.19)
1,031.84
1,031.84
91282CKZ3 UNITED STATES TREASURY

4.375 07/15/2027
11/18/2024
11/19/2024
1,000,000.00
1,002,044.65

0.00 0.00
1,001,978.34
16,525.14

0.00 20,210.60
3,685.46

0.00 (66.30)
(66.30)
3,619.16
3,619.16
91282CMA6 UNITED STATES TREASURY

4.125 11/30/2029
12/17/2024
12/18/2024
200,000.00

0.00 198,929.69

0.00 198,937.98

0.00 (407.97)
725.27
317.30

8.29 0.00

0.00 0.00
39,974.16

86.33 0.00
121.33

35.00 1.28

0.00 1.28

36.28 36.28
931142EW9 WALMART INC 3.9
09/09/2025
09/06/2022
09/09/2022
80,000.00
79,985.59

0.00 0.00
79,987.18
710.67

0.00 970.67
260.00

1.58 0.00

1.58 261.58
261.58
Total Fixed Income 33,397,953.59
33,066,841.01
605,293.19
(498,865.06)
33,183,175.57
255,446.04
123,343.58
231,480.33
99,377.87
13,240.82
(3,334.39)
9,906.43
109,284.30 109,284.30
LAIF
90LAIF$00 Local Agency Investment
Fund State Pool 5,635,051.71
5,635,051.71

0.00 0.00
5,635,051.71

0.00 0.00

0.00 Total LAIF 5,635,051.71
5,635,051.71

0.00 0.00
5,635,051.71

0.00 0.00

0.00 0.00 0.00

LOCAL GOV INVESTMENT
POOL
09CATR$05 CalTrust MTF
714,220.96
7,141,421.80
25,571.83

0.00 7,166,993.63

0.00 25,571.80

0.00 0.00

0.00 25,571.80
25,571.80
90CAMP$00 CAMP
35,969,277.58
14,224,704.75
36,744,572.83
(15,000,000.00)
35,969,277.58

0.00 95,378.56

0.00 0.00

0.00 95,378.56
95,378.56
90CAMP$06 CAMP
1,250,000.00
36,250,000.00

0.00 (35,000,000.00)
1,250,000.00

0.00 149,442.12

0.00 0.00

0.00 270,392.48

0.00 0.00

0.00 270,392.48 270,392.48
TOTAL PORTFOLIO 77,203,158.26
96,517,377.18
38,000,821.73
(51,105,066.22)
83,441,152.90
255,446.04
396,003.34
231,480.33
372,037.63
13,240.82
(3,334.39)
9,906.43
381,944.06 381,944.06
CONFIDENTIAL | 32
City of Gardena Cons | Account #10647 | As of December 31, 2024 Execution Time: 01/13/2025 09:51:58 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount JANUARY 2025
01/02/2025 Dividend 31846V203 0.00 FIRST AMER:GVT OBLG Y 801.21 801.21 01/06/2025 Coupon 3133ENKS8 0.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

1.125 01/06/2025 4,218.75 4,218.75
01/06/2025 Maturity 3133ENKS8 (750,000.00) FEDERAL FARM CREDIT BANKS FUNDING CORP

1.125 01/06/2025 750,000.00 750,000.00
01/13/2025 Coupon 459058KT9 250,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 3.5 07/12/2028 4,375.00 4,375.00
01/15/2025 Coupon 02582JJT8 185,000.00 AMXCA 2022-2 A 3.39 05/17/2027 522.63 522.63 01/15/2025 Coupon 02582JJZ4 125,000.00 AMXCA 2023-1 A 4.87 05/15/2026 507.29 507.29 01/15/2025 Coupon 02582JKD1 340,000.00 AMXCA 2023-3 A 5.23 09/15/2028 1,481.83 1,481.83 01/15/2025 Coupon 161571HT4 340,000.00 CHAIT 2023-1 A 5.16 09/15/2028 1,462.00 1,462.00 01/15/2025 Coupon 43815BAC4 52,043.65 HAROT 2022-1 A3 1.88 05/15/2026 81.54 81.54 01/15/2025 Principal Paydown 43815BAC4 52,043.65 HAROT 2022-1 A3 1.88 05/15/2026 6,956.60 6,956.60 01/15/2025 Coupon 448976AD2 140,000.00 HART 2024-C A3 4.41 05/15/2029 514.50 514.50 01/15/2025 Coupon 448979AD6 145,489.90 HART 2023-A A3 4.58 04/15/2027 559.22 559.22 01/15/2025 Principal Paydown 448979AD6 145,489.90 HART 2023-A A3 4.58 04/15/2027 10,401.36 10,401.36 01/15/2025 Coupon 44934QAD3 90,000.00 HART 2024-B A3 4.84 03/15/2029 363.00 363.00 01/15/2025 Coupon 46625HMN7 400,000.00 JPMORGAN CHASE & CO 3.9 07/15/2025 7,800.00 7,800.00 01/15/2025 Coupon 47787CAC7 310,000.00 JDOT 2023-C A3 5.48 05/15/2028 1,415.67 1,415.67 01/15/2025 Coupon 47787JAC2 38,059.09 JDOT 2022 A3 0.36 09/15/2026 71.24 71.24 01/15/2025 Principal Paydown 47787JAC2 38,059.09 JDOT 2022 A3 0.36 09/15/2026 5,517.49 5,517.49 01/15/2025 Coupon 47789QAC4 8,871.23 JDOT 2021-B A3 0.52 03/16/2026 3.94 3.94 01/15/2025 Principal Paydown 47789QAC4 8,871.23 JDOT 2021-B A3 0.52 03/16/2026 2,922.88 2,922.88 01/15/2025 Coupon 47800AAC4 82,411.60 JDOT 2022-B A3 3.74 02/16/2027 256.85 256.85 01/15/2025 Principal Paydown 47800AAC4 82,411.60 JDOT 2022-B A3 3.74 02/16/2027 8,305.50 8,305.50 01/15/2025 Coupon 47800BAC2 167,687.16 JDOT 2022-C A3 5.09 06/15/2027 711.27 711.27 01/15/2025 Principal Paydown 47800BAC2 167,687.16 JDOT 2022-C A3 5.09 06/15/2027 12,719.36 12,719.36 01/15/2025 Coupon 58769GAD5 130,000.00 MBALT 2024-B A3 4.23 02/15/2028 458.25 458.25 01/15/2025 Coupon 58770AAC7 85,564.63 MBART 2023-1 A3 4.51 11/15/2027 329.66 329.66 01/15/2025 Principal Paydown 58770AAC7 85,564.63 MBART 2023-1 A3 4.51 11/15/2027 5,117.10 5,117.10 01/15/2025 Coupon 89238FAD5 46,513.51 TAOT 2022-B A3 2.93 09/15/2026 113.62 113.62 CONFIDENTIAL | 33
City of Gardena Cons | Account #10647 | As of December 31, 2024 Execution Time: 01/13/2025 09:51:58 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 01/15/2025 Principal Paydown 89238FAD5 46,513.51 TAOT 2022-B A3 2.93 09/15/2026 5,030.90 5,030.90 01/15/2025 Coupon 89238JAC9 10,967.43 TAOT 2021-D A3 0.71 04/15/2026 6.37 6.37 01/15/2025 Principal Paydown 89238JAC9 10,967.43 TAOT 2021-D A3 0.71 04/15/2026 2,357.50 2,357.50 01/15/2025 Coupon 89239TAD4 105,000.00 TAOT 2024-D A3 4.4 06/15/2029 385.00 385.00 01/15/2025 Dividend 90LAIF$00 5,635,051.71 Local Agency Investment Fund State Pool 63,694.16 63,694.16 01/15/2025 Coupon 91282CEY3 475,000.00 UNITED STATES TREASURY 3.0 07/15/2025 7,125.00 7,125.00 01/15/2025 Coupon 91282CKZ3 1,000,000.00 UNITED STATES TREASURY 4.375 07/15/2027 21,875.00 21,875.00 01/16/2025 Coupon 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 428.38 428.38 01/16/2025 Coupon 36265WAD5 53,598.47 GMCAR 2022-3 A3 3.64 04/16/2027 163.17 163.17 01/16/2025 Principal Paydown 36265WAD5 53,598.47 GMCAR 2022-3 A3 3.64 04/16/2027 4,851.32 4,851.32 01/16/2025 Coupon 38014AAD3 95,000.00 GMCAR 2024-4 A3 4.4 08/16/2029 338.04 338.04 01/17/2025 Coupon 61747YET8 175,000.00 MORGAN STANLEY 4.679 07/17/2026 4,094.13 4,094.13 01/17/2025 Coupon 713448FX1 295,000.00 PEPSICO INC 4.5 07/17/2029 6,637.50 6,637.50 01/20/2025 Coupon 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 336.25 336.25 01/20/2025 Coupon 43815PAC3 54,507.51 HAROT 2022-2 A3 3.73 07/20/2026 169.91 169.91 01/20/2025 Principal Paydown 43815PAC3 54,507.51 HAROT 2022-2 A3 3.73 07/20/2026 5,714.53 5,714.53 01/21/2025 Coupon 43815GAC3 13,334.17 HAROT 2021-4 A3 0.88 01/21/2026 9.78 9.78 01/21/2025 Principal Paydown 43815GAC3 13,334.17 HAROT 2021-4 A3 0.88 01/21/2026 2,831.41 2,831.41 01/21/2025 Coupon 43815JAC7 66,524.36 HAROT 2023-1 A3 5.04 04/21/2027 281.25 281.25 01/21/2025 Principal Paydown 43815JAC7 66,524.36 HAROT 2023-1 A3 5.04 04/21/2027 4,591.43 4,591.43 01/21/2025 Coupon 78016HZT0 150,000.00 ROYAL BANK OF CANADA 4.875 01/19/2027 3,656.25 3,656.25 01/23/2025 Coupon 6174468C6 394,000.00 MORGAN STANLEY 4.0 07/23/2025 7,880.00 7,880.00 01/27/2025 Coupon 05593AAC3 10,275.02 BMWLT 2023-1 A3 5.16 11/25/2025 37.70 37.70 01/27/2025 Principal Paydown 05593AAC3 10,275.02 BMWLT 2023-1 A3 5.16 11/25/2025 5,188.42 5,188.42 01/27/2025 Coupon 05602RAD3 98,326.14 BMWOT 2022-A A3 3.21 08/25/2026 266.08 266.08 01/27/2025 Principal Paydown 05602RAD3 98,326.14 BMWOT 2022-A A3 3.21 08/25/2026 12,658.56 12,658.56 01/27/2025 Coupon 3137BNGT5 487,779.73 FHMS K-054 A2 2.745 01/25/2026 1,115.80 1,115.80 01/27/2025 Principal Paydown 3137BNGT5 487,779.73 FHMS K-054 A2 2.745 01/25/2026 14,862.61 14,862.61 01/27/2025 Coupon 3137BVZ82 320,000.00 FHMS K-063 A2 3.43 01/25/2027 914.67 914.67 01/27/2025 Coupon 3137FEBQ2 500,000.00 FHMS K-072 A2 3.444 12/25/2027 1,435.00 1,435.00 01/27/2025 Coupon 3137FETN0 465,000.00 FHMS K-073 A2 3.35 01/25/2028 1,298.13 1,298.13 01/27/2025 Coupon 3137FHPJ6 325,000.00 FHMS K-080 A2 3.926 07/25/2028 1,063.29 1,063.29 CONFIDENTIAL | 34
City of Gardena Cons | Account #10647 | As of December 31, 2024 Execution Time: 01/13/2025 09:51:58 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 01/27/2025 Coupon 3137FJEH8 155,000.00 FHMS K-081 A2 3.9 08/25/2028 503.75 503.75 01/27/2025 Coupon 3137FJKE8 220,000.00 FHMS K-082 A2 3.92 09/25/2028 718.67 718.67 01/27/2025 Coupon 3137FJXV6 297,000.00 FHMS K-083 A2 4.05 09/25/2028 1,002.38 1,002.38 01/27/2025 Coupon 3137FJZ93 240,000.00 FHMS K-084 A2 3.78 10/25/2028 756.00 756.00 01/27/2025 Coupon 3137H4BY5 315,000.00 FHMS K-746 A2 2.031 09/25/2028 533.14 533.14 01/31/2025 Coupon 69371RS80 410,000.00 PACCAR FINANCIAL CORP 4.6 01/31/2029 9,430.00 9,430.00 01/31/2025 Coupon 912828Z52 750,000.00 UNITED STATES TREASURY 1.375 01/31/2025 5,156.25 5,156.25 01/31/2025 Final Maturity 912828Z52 750,000.00 UNITED STATES TREASURY 1.375 01/31/2025 750,000.00 750,000.00 January 2025 Total 1,674,522.34 102,863.12 1,777,385.46 FEBRUARY 2025
02/03/2025 Coupon 459058KW2 250,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 4.625 08/01/2028 5,781.25 5,781.25
02/06/2025 Coupon 857477BR3 90,000.00 STATE STREET CORP 1.746 02/06/2026 785.70 785.70 02/06/2025 Effective Maturity 857477BR3 90,000.00 STATE STREET CORP 1.746 02/06/2026 90,000.00 90,000.00 02/14/2025 Coupon 3133ENPG9 415,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

1.75 02/14/2025 3,631.25 3,631.25
02/14/2025 Final Maturity 3133ENPG9 415,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 02/17/2025 Principal Paydown 47787JAC2 38,059.09 JDOT 2022 A3 0.36 09/15/2026 4,173.80 4,173.80 02/17/2025 Coupon 47789QAC4 8,871.23 JDOT 2021-B A3 0.52 03/16/2026 2.67 2.67 02/17/2025 Principal Paydown 47789QAC4 8,871.23 JDOT 2021-B A3 0.52 03/16/2026 2,606.68 2,606.68 02/17/2025 Coupon 47800AAC4 82,411.60 JDOT 2022-B A3 3.74 02/16/2027 230.96 230.96 02/17/2025 Principal Paydown 47800AAC4 82,411.60 JDOT 2022-B A3 3.74 02/16/2027 6,940.29 6,940.29 02/17/2025 Coupon 47800BAC2 167,687.16 JDOT 2022-C A3 5.09 06/15/2027 657.32 657.32 02/17/2025 Principal Paydown 47800BAC2 167,687.16 JDOT 2022-C A3 5.09 06/15/2027 11,384.96 11,384.96 02/17/2025 Coupon 58769GAD5 130,000.00 MBALT 2024-B A3 4.23 02/15/2028 458.25 458.25 02/17/2025 Coupon 58770AAC7 85,564.63 MBART 2023-1 A3 4.51 11/15/2027 310.43 310.43 02/17/2025 Principal Paydown 58770AAC7 85,564.63 MBART 2023-1 A3 4.51 11/15/2027 5,037.18 5,037.18 02/17/2025 Coupon 89238FAD5 46,513.51 TAOT 2022-B A3 2.93 09/15/2026 101.34 101.34 02/17/2025 Principal Paydown 89238FAD5 46,513.51 TAOT 2022-B A3 2.93 09/15/2026 4,948.63 4,948.63 02/17/2025 Coupon 89238JAC9 10,967.43 TAOT 2021-D A3 0.71 04/15/2026 4.97 4.97 02/17/2025 Principal Paydown 89238JAC9 10,967.43 TAOT 2021-D A3 0.71 04/15/2026 2,311.40 2,311.40 02/17/2025 Coupon 89239TAD4 105,000.00 TAOT 2024-D A3 4.4 06/15/2029 385.00 385.00 02/18/2025 Coupon 02582JJT8 185,000.00 AMXCA 2022-2 A 3.39 05/17/2027 522.63 522.63 02/18/2025 Coupon 02582JJZ4 125,000.00 AMXCA 2023-1 A 4.87 05/15/2026 507.29 507.29 02/18/2025 Coupon 02582JKD1 340,000.00 AMXCA 2023-3 A 5.23 09/15/2028 1,481.83 1,481.83 02/18/2025 Coupon 06428CAA2 300,000.00 BANK OF AMERICA NA 5.526 08/18/2026 8,289.00 8,289.00 02/18/2025 Coupon 43815PAC3 54,507.51 HAROT 2022-2 A3 3.73 07/20/2026 152.15 152.15 02/18/2025 Principal Paydown 43815PAC3 54,507.51 HAROT 2022-2 A3 3.73 07/20/2026 5,601.58 5,601.58 02/18/2025 Coupon 438516CJ3 400,000.00 HONEYWELL INTERNATIONAL INC 4.95 02/15/2028 9,900.00 9,900.00
02/18/2025 Coupon 912828YB0 150,000.00 UNITED STATES TREASURY 1.625 08/15/2029 1,218.75 1,218.75 02/20/2025 Coupon 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 336.25 336.25 02/21/2025 Coupon 43815GAC3 13,334.17 HAROT 2021-4 A3 0.88 01/21/2026 7.70 7.70 02/21/2025 Principal Paydown 43815GAC3 13,334.17 HAROT 2021-4 A3 0.88 01/21/2026 2,779.46 2,779.46 02/21/2025 Coupon 43815JAC7 66,524.36 HAROT 2023-1 A3 5.04 04/21/2027 261.96 261.96 02/21/2025 Principal Paydown 43815JAC7 66,524.36 HAROT 2023-1 A3 5.04 04/21/2027 4,519.92 4,519.92 02/24/2025 Coupon 037833BY5 400,000.00 APPLE INC 3.25 02/23/2026 6,500.00 6,500.00 02/25/2025 Coupon 05593AAC3 10,275.02 BMWLT 2023-1 A3 5.16 11/25/2025 15.39 15.39 02/25/2025 Effective Maturity 05593AAC3 10,275.02 BMWLT 2023-1 A3 5.16 11/25/2025 3,578.72 3,578.72 CONFIDENTIAL | 36
City of Gardena Cons | Account #10647 | As of December 31, 2024 Execution Time: 01/13/2025 09:51:58 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 02/25/2025 Coupon 05602RAD3 98,326.14 BMWOT 2022-A A3 3.21 08/25/2026 232.22 232.22 02/25/2025 Principal Paydown 05602RAD3 98,326.14 BMWOT 2022-A A3 3.21 08/25/2026 11,597.45 11,597.45 02/25/2025 Coupon 3137BNGT5 487,779.73 FHMS K-054 A2 2.745 01/25/2026 1,081.80 1,081.80 02/25/2025 Principal Paydown 3137BNGT5 487,779.73 FHMS K-054 A2 2.745 01/25/2026 881.04 881.04 02/25/2025 Coupon 3137BVZ82 320,000.00 FHMS K-063 A2 3.43 01/25/2027 914.67 914.67 02/25/2025 Coupon 3137FEBQ2 500,000.00 FHMS K-072 A2 3.444 12/25/2027 1,435.00 1,435.00 02/25/2025 Coupon 3137FETN0 465,000.00 FHMS K-073 A2 3.35 01/25/2028 1,298.13 1,298.13 02/25/2025 Coupon 3137FHPJ6 325,000.00 FHMS K-080 A2 3.926 07/25/2028 1,063.29 1,063.29 02/25/2025 Coupon 3137FJEH8 155,000.00 FHMS K-081 A2 3.9 08/25/2028 503.75 503.75 02/25/2025 Coupon 3137FJKE8 220,000.00 FHMS K-082 A2 3.92 09/25/2028 718.67 718.67 02/25/2025 Coupon 3137FJXV6 297,000.00 FHMS K-083 A2 4.05 09/25/2028 1,002.38 1,002.38 02/25/2025 Coupon 3137FJZ93 240,000.00 FHMS K-084 A2 3.78 10/25/2028 756.00 756.00 02/25/2025 Coupon 3137H4BY5 315,000.00 FHMS K-746 A2 2.031 09/25/2028 533.14 533.14 02/26/2025 Coupon 17275RBQ4 170,000.00 CISCO SYSTEMS INC 4.8 02/26/2027 4,080.00 4,080.00 02/27/2025 Coupon 459058LK7 170,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 4.0 08/27/2026 3,400.00 3,400.00
02/28/2025 Coupon 9128284Z0 750,000.00 UNITED STATES TREASURY 2.75 08/31/2025 10,312.50 10,312.50 February 2025
Total 598,330.75 74,194.40 672,525.15
MARCH 2025
03/07/2025 Coupon 24422EWB1 130,000.00 JOHN DEERE CAPITAL CORP 2.125 03/07/2025 1,381.25 1,381.25 03/07/2025 Final Maturity 24422EWB1 130,000.00 JOHN DEERE CAPITAL CORP 2.125 03/07/2025 130,000.00 130,000.00 03/10/2025 Coupon 3130ATS57 700,000.00 FEDERAL HOME LOAN BANKS 4.5 03/10/2028 15,750.00 15,750.00 03/10/2025 Coupon 57636QAW4 290,000.00 MASTERCARD INC 4.875 03/09/2028 7,068.75 7,068.75 03/10/2025 Coupon 931142EW9 80,000.00 WALMART INC 3.9 09/09/2025 1,560.00 1,560.00 03/17/2025 Coupon 02582JJT8 185,000.00 AMXCA 2022-2 A 3.39 05/17/2027 522.63 522.63 03/17/2025 Coupon 02582JJZ4 125,000.00 AMXCA 2023-1 A 4.87 05/15/2026 507.29 507.29 03/17/2025 Coupon 02582JKD1 340,000.00 AMXCA 2023-3 A 5.23 09/15/2028 1,481.83 1,481.83 03/17/2025 Coupon 161571HT4 340,000.00 CHAIT 2023-1 A 5.16 09/15/2028 1,462.00 1,462.00 03/17/2025 Coupon 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 409.33 409.33 03/17/2025 Principal Paydown 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 5,438.05 5,438.05 03/17/2025 Coupon 36265WAD5 53,598.47 GMCAR 2022-3 A3 3.64 04/16/2027 133.96 133.96 CONFIDENTIAL | 37
City of Gardena Cons | Account #10647 | As of December 31, 2024 Execution Time: 01/13/2025 09:51:58 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 03/17/2025 Principal Paydown 36265WAD5 53,598.47 GMCAR 2022-3 A3 3.64 04/16/2027 4,440.73 4,440.73 03/17/2025 Coupon 38014AAD3 95,000.00 GMCAR 2024-4 A3 4.4 08/16/2029 338.04 338.04 03/17/2025 Coupon 437076CR1 110,000.00 HOME DEPOT INC 4.0 09/15/2025 2,200.00 2,200.00 03/17/2025 Coupon 43815BAC4 52,043.65 HAROT 2022-1 A3 1.88 05/15/2026 59.93 59.93 03/17/2025 Principal Paydown 43815BAC4 52,043.65 HAROT 2022-1 A3 1.88 05/15/2026 6,622.08 6,622.08 03/17/2025 Coupon 448976AD2 140,000.00 HART 2024-C A3 4.41 05/15/2029 514.50 514.50 03/17/2025 Coupon 448979AD6 145,489.90 HART 2023-A A3 4.58 04/15/2027 480.42 480.42 03/17/2025 Principal Paydown 448979AD6 145,489.90 HART 2023-A A3 4.58 04/15/2027 9,905.15 9,905.15 03/17/2025 Coupon 44934QAD3 90,000.00 HART 2024-B A3 4.84 03/15/2029 363.00 363.00 03/17/2025 Coupon 47787CAC7 310,000.00 JDOT 2023-C A3 5.48 05/15/2028 1,415.67 1,415.67 03/17/2025 Coupon 47787JAC2 38,059.09 JDOT 2022 A3 0.36 09/15/2026 52.50 52.50 03/17/2025 Principal Paydown 47787JAC2 38,059.09 JDOT 2022 A3 0.36 09/15/2026 3,410.00 3,410.00 03/17/2025 Coupon 47789QAC4 8,871.23 JDOT 2021-B A3 0.52 03/16/2026 1.54 1.54 03/17/2025 Principal Paydown 47789QAC4 8,871.23 JDOT 2021-B A3 0.52 03/16/2026 2,187.43 2,187.43 03/17/2025 Coupon 47800AAC4 82,411.60 JDOT 2022-B A3 3.74 02/16/2027 209.33 209.33 03/17/2025 Principal Paydown 47800AAC4 82,411.60 JDOT 2022-B A3 3.74 02/16/2027 6,139.82 6,139.82 03/17/2025 Coupon 47800BAC2 167,687.16 JDOT 2022-C A3 5.09 06/15/2027 609.03 609.03 03/17/2025 Principal Paydown 47800BAC2 167,687.16 JDOT 2022-C A3 5.09 06/15/2027 10,363.06 10,363.06 03/17/2025 Coupon 58769GAD5 130,000.00 MBALT 2024-B A3 4.23 02/15/2028 458.25 458.25 03/17/2025 Coupon 58770AAC7 85,564.63 MBART 2023-1 A3 4.51 11/15/2027 291.50 291.50 03/17/2025 Principal Paydown 58770AAC7 85,564.63 MBART 2023-1 A3 4.51 11/15/2027 4,863.04 4,863.04 03/17/2025 Coupon 89238FAD5 46,513.51 TAOT 2022-B A3 2.93 09/15/2026 89.26 89.26 03/17/2025 Principal Paydown 89238FAD5 46,513.51 TAOT 2022-B A3 2.93 09/15/2026 4,815.20 4,815.20 03/17/2025 Coupon 89238JAC9 10,967.43 TAOT 2021-D A3 0.71 04/15/2026 3.61 3.61 03/17/2025 Principal Paydown 89238JAC9 10,967.43 TAOT 2021-D A3 0.71 04/15/2026 2,240.57 2,240.57 03/17/2025 Coupon 89239TAD4 105,000.00 TAOT 2024-D A3 4.4 06/15/2029 385.00 385.00 03/17/2025 Coupon 91282CFK2 475,000.00 UNITED STATES TREASURY 3.5 09/15/2025 8,312.50 8,312.50 03/17/2025 Coupon 931142ER0 40,000.00 WALMART INC 1.05 09/17/2026 210.00 210.00 03/18/2025 Coupon 43815PAC3 54,507.51 HAROT 2022-2 A3 3.73 07/20/2026 134.74 134.74 03/18/2025 Principal Paydown 43815PAC3 54,507.51 HAROT 2022-2 A3 3.73 07/20/2026 5,431.47 5,431.47 03/18/2025 Coupon 857477CL5 365,000.00 STATE STREET CORP 4.993 03/18/2027 9,112.23 9,112.23 03/20/2025 Coupon 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 336.25 336.25 CONFIDENTIAL | 38
City of Gardena Cons | Account #10647 | As of December 31, 2024 Execution Time: 01/13/2025 09:51:58 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 03/20/2025 Principal Paydown 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 6,535.94 6,535.94 03/21/2025 Coupon 43815GAC3 13,334.17 HAROT 2021-4 A3 0.88 01/21/2026 5.66 5.66 03/21/2025 Principal Paydown 43815GAC3 13,334.17 HAROT 2021-4 A3 0.88 01/21/2026 2,694.38 2,694.38 03/21/2025 Coupon 43815JAC7 66,524.36 HAROT 2023-1 A3 5.04 04/21/2027 242.98 242.98 03/21/2025 Principal Paydown 43815JAC7 66,524.36 HAROT 2023-1 A3 5.04 04/21/2027 4,368.94 4,368.94 03/25/2025 Coupon 05602RAD3 98,326.14 BMWOT 2022-A A3 3.21 08/25/2026 201.20 201.20 03/25/2025 Principal Paydown 05602RAD3 98,326.14 BMWOT 2022-A A3 3.21 08/25/2026 11,227.90 11,227.90 03/25/2025 Coupon 3137BNGT5 487,779.73 FHMS K-054 A2 2.745 01/25/2026 1,079.78 1,079.78 03/25/2025 Principal Paydown 3137BNGT5 487,779.73 FHMS K-054 A2 2.745 01/25/2026 1,059.90 1,059.90 03/25/2025 Coupon 3137BVZ82 320,000.00 FHMS K-063 A2 3.43 01/25/2027 914.67 914.67 03/25/2025 Coupon 3137FEBQ2 500,000.00 FHMS K-072 A2 3.444 12/25/2027 1,435.00 1,435.00 03/25/2025 Coupon 3137FETN0 465,000.00 FHMS K-073 A2 3.35 01/25/2028 1,298.13 1,298.13 03/25/2025 Coupon 3137FHPJ6 325,000.00 FHMS K-080 A2 3.926 07/25/2028 1,063.29 1,063.29 03/25/2025 Coupon 3137FJEH8 155,000.00 FHMS K-081 A2 3.9 08/25/2028 503.75 503.75 03/25/2025 Coupon 3137FJKE8 220,000.00 FHMS K-082 A2 3.92 09/25/2028 718.67 718.67 03/25/2025 Coupon 3137FJXV6 297,000.00 FHMS K-083 A2 4.05 09/25/2028 1,002.38 1,002.38 03/25/2025 Coupon 3137FJZ93 240,000.00 FHMS K-084 A2 3.78 10/25/2028 756.00 756.00 03/25/2025 Coupon 3137H4BY5 315,000.00 FHMS K-746 A2 2.031 09/25/2028 533.14 533.14 03/31/2025 Coupon 9128286L9 750,000.00 UNITED STATES TREASURY 2.25 03/31/2026 8,437.50 8,437.50 03/31/2025 Coupon 912828YG9 300,000.00 UNITED STATES TREASURY 1.625 09/30/2026 2,437.50 2,437.50 03/31/2025 Coupon 912828ZF0 350,000.00 UNITED STATES TREASURY 0.5 03/31/2025 875.00 875.00 03/31/2025 Final Maturity 912828ZF0 350,000.00 UNITED STATES TREASURY 0.5 03/31/2025 350,000.00 350,000.00 03/31/2025 Coupon 91282CEF4 750,000.00 UNITED STATES TREASURY 2.5 03/31/2027 9,375.00 9,375.00 03/31/2025 Coupon 91282CFM8 570,000.00 UNITED STATES TREASURY 4.125 09/30/2027 11,756.25 11,756.25 03/31/2025 Coupon 91282CGT2 600,000.00 UNITED STATES TREASURY 3.625 03/31/2028 10,875.00 10,875.00 March 2025 Total 571,743.64 109,365.21 681,108.85
APRIL 2025
04/07/2025 Coupon 89115A2W1 400,000.00 TORONTO-DOMINION BANK 4.98 04/05/2027 9,960.00 9,960.00 04/09/2025 Coupon 3130B3A29 600,000.00 FEDERAL HOME LOAN BANKS 4.0 10/09/2026 11,866.67 11,866.67 04/15/2025 Coupon 02582JJT8 185,000.00 AMXCA 2022-2 A 3.39 05/17/2027 522.63 522.63 04/15/2025 Coupon 02582JJZ4 125,000.00 AMXCA 2023-1 A 4.87 05/15/2026 507.29 507.29 04/15/2025 Coupon 02582JKD1 340,000.00 AMXCA 2023-3 A 5.23 09/15/2028 1,481.83 1,481.83 CONFIDENTIAL | 39
City of Gardena Cons | Account #10647 | As of December 31, 2024 Execution Time: 01/13/2025 09:51:58 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 04/15/2025 Coupon 161571HT4 340,000.00 CHAIT 2023-1 A 5.16 09/15/2028 1,462.00 1,462.00 04/15/2025 Coupon 20030NCS8 400,000.00 COMCAST CORP 3.95 10/15/2025 7,900.00 7,900.00 04/15/2025 Coupon 43815BAC4 52,043.65 HAROT 2022-1 A3 1.88 05/15/2026 49.56 49.56 04/15/2025 Principal Paydown 43815BAC4 52,043.65 HAROT 2022-1 A3 1.88 05/15/2026 6,709.89 6,709.89 04/15/2025 Coupon 448976AD2 140,000.00 HART 2024-C A3 4.41 05/15/2029 514.50 514.50 04/15/2025 Coupon 448979AD6 145,489.90 HART 2023-A A3 4.58 04/15/2027 442.61 442.61 04/15/2025 Principal Paydown 448979AD6 145,489.90 HART 2023-A A3 4.58 04/15/2027 10,309.97 10,309.97 04/15/2025 Coupon 44934QAD3 90,000.00 HART 2024-B A3 4.84 03/15/2029 363.00 363.00 04/15/2025 Coupon 47787CAC7 310,000.00 JDOT 2023-C A3 5.48 05/15/2028 1,415.67 1,415.67 04/15/2025 Coupon 47787JAC2 38,059.09 JDOT 2022 A3 0.36 09/15/2026 45.91 45.91 04/15/2025 Principal Paydown 47787JAC2 38,059.09 JDOT 2022 A3 0.36 09/15/2026 4,336.22 4,336.22 04/15/2025 Coupon 47789QAC4 8,871.23 JDOT 2021-B A3 0.52 03/16/2026 0.60 0.60 04/15/2025 Effective Maturity 47789QAC4 8,871.23 JDOT 2021-B A3 0.52 03/16/2026 1,373.81 1,373.81 04/15/2025 Coupon 47800AAC4 82,411.60 JDOT 2022-B A3 3.74 02/16/2027 190.20 190.20 04/15/2025 Principal Paydown 47800AAC4 82,411.60 JDOT 2022-B A3 3.74 02/16/2027 8,177.24 8,177.24 04/15/2025 Coupon 47800BAC2 167,687.16 JDOT 2022-C A3 5.09 06/15/2027 565.07 565.07 04/15/2025 Principal Paydown 47800BAC2 167,687.16 JDOT 2022-C A3 5.09 06/15/2027 12,266.62 12,266.62 04/15/2025 Coupon 58769GAD5 130,000.00 MBALT 2024-B A3 4.23 02/15/2028 458.25 458.25 04/15/2025 Coupon 58770AAC7 85,564.63 MBART 2023-1 A3 4.51 11/15/2027 273.22 273.22 04/15/2025 Principal Paydown 58770AAC7 85,564.63 MBART 2023-1 A3 4.51 11/15/2027 5,075.59 5,075.59 04/15/2025 Coupon 89238FAD5 46,513.51 TAOT 2022-B A3 2.93 09/15/2026 77.50 77.50 04/15/2025 Principal Paydown 89238FAD5 46,513.51 TAOT 2022-B A3 2.93 09/15/2026 4,929.14 4,929.14 04/15/2025 Coupon 89238JAC9 10,967.43 TAOT 2021-D A3 0.71 04/15/2026 2.28 2.28 04/15/2025 Principal Paydown 89238JAC9 10,967.43 TAOT 2021-D A3 0.71 04/15/2026 2,270.25 2,270.25 04/15/2025 Coupon 89239TAD4 105,000.00 TAOT 2024-D A3 4.4 06/15/2029 385.00 385.00 04/15/2025 Coupon 91282CEH0 450,000.00 UNITED STATES TREASURY 2.625 04/15/2025 5,906.25 5,906.25 04/15/2025 Final Maturity 91282CEH0 450,000.00 UNITED STATES TREASURY 2.625 04/15/2025 450,000.00 450,000.00 04/15/2025 Coupon 91282CFP1 550,000.00 UNITED STATES TREASURY 4.25 10/15/2025 11,687.50 11,687.50 04/15/2025 Coupon 91282CJC6 475,000.00 UNITED STATES TREASURY 4.625 10/15/2026 10,984.38 10,984.38 04/16/2025 Coupon 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 389.07 389.07 04/16/2025 Principal Paydown 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 6,744.62 6,744.62 04/16/2025 Coupon 36265WAD5 53,598.47 GMCAR 2022-3 A3 3.64 04/16/2027 120.49 120.49 CONFIDENTIAL | 40
City of Gardena Cons | Account #10647 | As of December 31, 2024 Execution Time: 01/13/2025 09:51:58 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 04/16/2025 Principal Paydown 36265WAD5 53,598.47 GMCAR 2022-3 A3 3.64 04/16/2027 4,592.64 4,592.64 04/16/2025 Coupon 38014AAD3 95,000.00 GMCAR 2024-4 A3 4.4 08/16/2029 338.04 338.04 04/16/2025 Coupon 459058LN1 300,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 3.875 10/16/2029 5,812.50 5,812.50
04/18/2025 Coupon 43815PAC3 54,507.51 HAROT 2022-2 A3 3.73 07/20/2026 117.85 117.85 04/18/2025 Principal Paydown 43815PAC3 54,507.51 HAROT 2022-2 A3 3.73 07/20/2026 5,524.41 5,524.41 04/21/2025 Coupon 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 306.95 306.95 04/21/2025 Principal Paydown 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 7,888.75 7,888.75 04/21/2025 Coupon 43815GAC3 13,334.17 HAROT 2021-4 A3 0.88 01/21/2026 3.69 3.69 04/21/2025 Principal Paydown 43815GAC3 13,334.17 HAROT 2021-4 A3 0.88 01/21/2026 2,711.81 2,711.81 04/21/2025 Coupon 43815JAC7 66,524.36 HAROT 2023-1 A3 5.04 04/21/2027 224.63 224.63 04/21/2025 Principal Paydown 43815JAC7 66,524.36 HAROT 2023-1 A3 5.04 04/21/2027 4,494.14 4,494.14 04/25/2025 Coupon 05602RAD3 98,326.14 BMWOT 2022-A A3 3.21 08/25/2026 171.16 171.16 04/25/2025 Principal Paydown 05602RAD3 98,326.14 BMWOT 2022-A A3 3.21 08/25/2026 11,470.95 11,470.95 04/25/2025 Coupon 3137BNGT5 487,779.73 FHMS K-054 A2 2.745 01/25/2026 1,077.36 1,077.36 04/25/2025 Principal Paydown 3137BNGT5 487,779.73 FHMS K-054 A2 2.745 01/25/2026 886.86 886.86 04/25/2025 Coupon 3137BVZ82 320,000.00 FHMS K-063 A2 3.43 01/25/2027 914.67 914.67 04/25/2025 Coupon 3137FEBQ2 500,000.00 FHMS K-072 A2 3.444 12/25/2027 1,435.00 1,435.00 04/25/2025 Coupon 3137FETN0 465,000.00 FHMS K-073 A2 3.35 01/25/2028 1,298.13 1,298.13 04/25/2025 Coupon 3137FHPJ6 325,000.00 FHMS K-080 A2 3.926 07/25/2028 1,063.29 1,063.29 04/25/2025 Coupon 3137FJEH8 155,000.00 FHMS K-081 A2 3.9 08/25/2028 503.75 503.75 04/25/2025 Coupon 3137FJKE8 220,000.00 FHMS K-082 A2 3.92 09/25/2028 718.67 718.67 04/25/2025 Coupon 3137FJXV6 297,000.00 FHMS K-083 A2 4.05 09/25/2028 1,002.38 1,002.38 04/25/2025 Coupon 3137FJZ93 240,000.00 FHMS K-084 A2 3.78 10/25/2028 756.00 756.00 04/25/2025 Coupon 3137H4BY5 315,000.00 FHMS K-746 A2 2.031 09/25/2028 533.14 533.14 April 2025 Total 549,762.92 83,848.66 633,611.58
MAY 2025
05/01/2025 Coupon 74456QBU9 300,000.00 PUBLIC SERVICE ELECTRIC AND GAS CO 3.7 05/01/2028 5,550.00 5,550.00
05/07/2025 Coupon 3135G06G3 350,000.00 FEDERAL NATIONAL MORTGAGE ASSOCIATION

0.5 11/07/2025 875.00 875.00
05/12/2025 Coupon 665859AW4 450,000.00 NORTHERN TRUST CORP 4.0 05/10/2027 9,000.00 9,000.00 CONFIDENTIAL | 41
City of Gardena Cons | Account #10647 | As of December 31, 2024 Execution Time: 01/13/2025 09:51:58 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 05/13/2025 Coupon 63743HFK3 390,000.00 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 5.6 11/13/2026 10,920.00 10,920.00
05/14/2025 Coupon 14913UAL4 405,000.00 CATERPILLAR FINANCIAL SERVICES CORP 5.0 05/14/2027 10,125.00 10,125.00
05/15/2025 Coupon 02582JJT8 185,000.00 AMXCA 2022-2 A 3.39 05/17/2027 522.63 522.63 05/15/2025 Final Maturity 02582JJT8 185,000.00 AMXCA 2022-2 A 3.39 05/17/2027 185,000.00 185,000.00 05/15/2025 Coupon 02582JJZ4 125,000.00 AMXCA 2023-1 A 4.87 05/15/2026 507.29 507.29 05/15/2025 Coupon 02582JKD1 340,000.00 AMXCA 2023-3 A 5.23 09/15/2028 1,481.83 1,481.83 05/15/2025 Coupon 161571HT4 340,000.00 CHAIT 2023-1 A 5.16 09/15/2028 1,462.00 1,462.00 05/15/2025 Coupon 43815BAC4 52,043.65 HAROT 2022-1 A3 1.88 05/15/2026 39.05 39.05 05/15/2025 Principal Paydown 43815BAC4 52,043.65 HAROT 2022-1 A3 1.88 05/15/2026 6,454.96 6,454.96 05/15/2025 Coupon 448976AD2 140,000.00 HART 2024-C A3 4.41 05/15/2029 514.50 514.50 05/15/2025 Coupon 448979AD6 145,489.90 HART 2023-A A3 4.58 04/15/2027 403.26 403.26 05/15/2025 Principal Paydown 448979AD6 145,489.90 HART 2023-A A3 4.58 04/15/2027 9,876.93 9,876.93 05/15/2025 Coupon 44934QAD3 90,000.00 HART 2024-B A3 4.84 03/15/2029 363.00 363.00 05/15/2025 Coupon 47787CAC7 310,000.00 JDOT 2023-C A3 5.48 05/15/2028 1,415.67 1,415.67 05/15/2025 Coupon 47787JAC2 38,059.09 JDOT 2022 A3 0.36 09/15/2026 37.52 37.52 05/15/2025 Principal Paydown 47787JAC2 38,059.09 JDOT 2022 A3 0.36 09/15/2026 3,979.98 3,979.98 05/15/2025 Coupon 47800AAC4 82,411.60 JDOT 2022-B A3 3.74 02/16/2027 164.71 164.71 05/15/2025 Principal Paydown 47800AAC4 82,411.60 JDOT 2022-B A3 3.74 02/16/2027 7,218.15 7,218.15 05/15/2025 Coupon 47800BAC2 167,687.16 JDOT 2022-C A3 5.09 06/15/2027 513.04 513.04 05/15/2025 Principal Paydown 47800BAC2 167,687.16 JDOT 2022-C A3 5.09 06/15/2027 10,750.37 10,750.37 05/15/2025 Coupon 58769GAD5 130,000.00 MBALT 2024-B A3 4.23 02/15/2028 458.25 458.25 05/15/2025 Coupon 58770AAC7 85,564.63 MBART 2023-1 A3 4.51 11/15/2027 254.14 254.14 05/15/2025 Principal Paydown 58770AAC7 85,564.63 MBART 2023-1 A3 4.51 11/15/2027 4,858.51 4,858.51 05/15/2025 Coupon 89238FAD5 46,513.51 TAOT 2022-B A3 2.93 09/15/2026 65.46 65.46 05/15/2025 Principal Paydown 89238FAD5 46,513.51 TAOT 2022-B A3 2.93 09/15/2026 4,560.83 4,560.83 05/15/2025 Coupon 89238JAC9 10,967.43 TAOT 2021-D A3 0.71 04/15/2026 0.94 0.94 05/15/2025 Effective Maturity 89238JAC9 10,967.43 TAOT 2021-D A3 0.71 04/15/2026 1,584.43 1,584.43 05/15/2025 Coupon 89239TAD4 105,000.00 TAOT 2024-D A3 4.4 06/15/2029 385.00 385.00 05/15/2025 Coupon 9128283F5 800,000.00 UNITED STATES TREASURY 2.25 11/15/2027 9,000.00 9,000.00 05/15/2025 Coupon 912828R36 250,000.00 UNITED STATES TREASURY 1.625 05/15/2026 2,031.25 2,031.25 CONFIDENTIAL | 42
City of Gardena Cons | Account #10647 | As of December 31, 2024 Execution Time: 01/13/2025 09:51:58 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 05/15/2025 Coupon 912828U24 625,000.00 UNITED STATES TREASURY 2.0 11/15/2026 6,250.00 6,250.00 05/15/2025 Coupon 912828X88 350,000.00 UNITED STATES TREASURY 2.375 05/15/2027 4,156.25 4,156.25 05/16/2025 Coupon 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 363.95 363.95 05/16/2025 Principal Paydown 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 6,442.58 6,442.58 05/16/2025 Coupon 36265WAD5 53,598.47 GMCAR 2022-3 A3 3.64 04/16/2027 106.56 106.56 05/16/2025 Principal Paydown 36265WAD5 53,598.47 GMCAR 2022-3 A3 3.64 04/16/2027 4,402.17 4,402.17 05/16/2025 Coupon 38014AAD3 95,000.00 GMCAR 2024-4 A3 4.4 08/16/2029 338.04 338.04 05/16/2025 Coupon 89236TMF9 400,000.00 TOYOTA MOTOR CREDIT CORP 5.05 05/16/2029 10,100.00 10,100.00 05/19/2025 Coupon 43815PAC3 54,507.51 HAROT 2022-2 A3 3.73 07/20/2026 100.68 100.68 05/19/2025 Principal Paydown 43815PAC3 54,507.51 HAROT 2022-2 A3 3.73 07/20/2026 5,309.15 5,309.15 05/19/2025 Coupon 58933YBH7 90,000.00 MERCK & CO INC 4.05 05/17/2028 1,822.50 1,822.50 05/20/2025 Coupon 3133ERFJ5 330,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.5 05/20/2027 7,425.00 7,425.00
05/20/2025 Coupon 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 271.58 271.58 05/20/2025 Principal Paydown 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 9,886.05 9,886.05 05/21/2025 Coupon 43815GAC3 13,334.17 HAROT 2021-4 A3 0.88 01/21/2026 1.70 1.70 05/21/2025 Effective Maturity 43815GAC3 13,334.17 HAROT 2021-4 A3 0.88 01/21/2026 2,317.11 2,317.11 05/21/2025 Coupon 43815JAC7 66,524.36 HAROT 2023-1 A3 5.04 04/21/2027 205.75 205.75 05/21/2025 Principal Paydown 43815JAC7 66,524.36 HAROT 2023-1 A3 5.04 04/21/2027 4,308.38 4,308.38 05/26/2025 Coupon 05602RAD3 98,326.14 BMWOT 2022-A A3 3.21 08/25/2026 140.48 140.48 05/26/2025 Principal Paydown 05602RAD3 98,326.14 BMWOT 2022-A A3 3.21 08/25/2026 11,015.37 11,015.37 05/26/2025 Coupon 3137BNGT5 487,779.73 FHMS K-054 A2 2.745 01/25/2026 1,075.33 1,075.33 05/26/2025 Principal Paydown 3137BNGT5 487,779.73 FHMS K-054 A2 2.745 01/25/2026 947.88 947.88 05/26/2025 Coupon 3137BVZ82 320,000.00 FHMS K-063 A2 3.43 01/25/2027 914.67 914.67 05/26/2025 Coupon 3137FEBQ2 500,000.00 FHMS K-072 A2 3.444 12/25/2027 1,435.00 1,435.00 05/26/2025 Coupon 3137FETN0 465,000.00 FHMS K-073 A2 3.35 01/25/2028 1,298.13 1,298.13 05/26/2025 Coupon 3137FHPJ6 325,000.00 FHMS K-080 A2 3.926 07/25/2028 1,063.29 1,063.29 05/26/2025 Coupon 3137FJEH8 155,000.00 FHMS K-081 A2 3.9 08/25/2028 503.75 503.75 05/26/2025 Coupon 3137FJKE8 220,000.00 FHMS K-082 A2 3.92 09/25/2028 718.67 718.67 05/26/2025 Coupon 3137FJXV6 297,000.00 FHMS K-083 A2 4.05 09/25/2028 1,002.38 1,002.38 05/26/2025 Coupon 3137FJZ93 240,000.00 FHMS K-084 A2 3.78 10/25/2028 756.00 756.00 05/26/2025 Coupon 3137H4BY5 315,000.00 FHMS K-746 A2 2.031 09/25/2028 533.14 533.14 CONFIDENTIAL | 43
City of Gardena Cons | Account #10647 | As of December 31, 2024 Execution Time: 01/13/2025 09:51:58 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount May 2025 Total 278,912.86 96,672.38 375,585.24
JUNE 2025
06/02/2025 Coupon 26444HAH4 450,000.00 DUKE ENERGY FLORIDA LLC 2.5 12/01/2029 5,625.00 5,625.00 06/02/2025 Coupon 912828ZT0 365,000.00 UNITED STATES TREASURY 0.25 05/31/2025 456.25 456.25 06/02/2025 Final Maturity 912828ZT0 365,000.00 UNITED STATES TREASURY 0.25 05/31/2025 365,000.00 365,000.00 06/02/2025 Coupon 91282CAZ4 750,000.00 UNITED STATES TREASURY 0.375 11/30/2025 1,406.25 1,406.25 06/02/2025 Coupon 91282CMA6 200,000.00 UNITED STATES TREASURY 4.125 11/30/2029 4,125.00 4,125.00 06/09/2025 Coupon 3133ERGL9 450,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.5 06/07/2028 10,125.00 10,125.00
06/11/2025 Coupon 89115A2V3 160,000.00 TORONTO-DOMINION BANK 5.264 12/11/2026 4,211.20 4,211.20 06/16/2025 Coupon 02582JJZ4 125,000.00 AMXCA 2023-1 A 4.87 05/15/2026 507.29 507.29 06/16/2025 Coupon 02582JKD1 340,000.00 AMXCA 2023-3 A 5.23 09/15/2028 1,481.83 1,481.83 06/16/2025 Coupon 161571HT4 340,000.00 CHAIT 2023-1 A 5.16 09/15/2028 1,462.00 1,462.00 06/16/2025 Coupon 3133EPN50 650,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.25 12/15/2028 13,812.50 13,812.50
06/16/2025 Coupon 341081GT8 330,000.00 FLORIDA POWER & LIGHT CO 5.15 06/15/2029 8,497.50 8,497.50 06/16/2025 Coupon 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 339.95 339.95 06/16/2025 Principal Paydown 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 6,329.51 6,329.51 06/16/2025 Coupon 36265WAD5 53,598.47 GMCAR 2022-3 A3 3.64 04/16/2027 93.21 93.21 06/16/2025 Principal Paydown 36265WAD5 53,598.47 GMCAR 2022-3 A3 3.64 04/16/2027 4,318.05 4,318.05 06/16/2025 Coupon 38014AAD3 95,000.00 GMCAR 2024-4 A3 4.4 08/16/2029 338.04 338.04 06/16/2025 Coupon 43815BAC4 52,043.65 HAROT 2022-1 A3 1.88 05/15/2026 28.93 28.93 06/16/2025 Principal Paydown 43815BAC4 52,043.65 HAROT 2022-1 A3 1.88 05/15/2026 6,296.67 6,296.67 06/16/2025 Coupon 448976AD2 140,000.00 HART 2024-C A3 4.41 05/15/2029 514.50 514.50 06/16/2025 Coupon 448979AD6 145,489.90 HART 2023-A A3 4.58 04/15/2027 365.57 365.57 06/16/2025 Principal Paydown 448979AD6 145,489.90 HART 2023-A A3 4.58 04/15/2027 9,689.19 9,689.19 06/16/2025 Coupon 44934QAD3 90,000.00 HART 2024-B A3 4.84 03/15/2029 363.00 363.00 06/16/2025 Coupon 47787CAC7 310,000.00 JDOT 2023-C A3 5.48 05/15/2028 1,415.67 1,415.67 06/16/2025 Principal Paydown 47787CAC7 310,000.00 JDOT 2023-C A3 5.48 05/15/2028 13,495.79 13,495.79 06/16/2025 Coupon 47787JAC2 38,059.09 JDOT 2022 A3 0.36 09/15/2026 29.83 29.83 06/16/2025 Principal Paydown 47787JAC2 38,059.09 JDOT 2022 A3 0.36 09/15/2026 3,220.47 3,220.47 06/16/2025 Coupon 47800AAC4 82,411.60 JDOT 2022-B A3 3.74 02/16/2027 142.22 142.22 CONFIDENTIAL | 44
City of Gardena Cons | Account #10647 | As of December 31, 2024 Execution Time: 01/13/2025 09:51:58 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 06/16/2025 Principal Paydown 47800AAC4 82,411.60 JDOT 2022-B A3 3.74 02/16/2027 4,570.86 4,570.86 06/16/2025 Coupon 47800BAC2 167,687.16 JDOT 2022-C A3 5.09 06/15/2027 467.44 467.44 06/16/2025 Principal Paydown 47800BAC2 167,687.16 JDOT 2022-C A3 5.09 06/15/2027 9,288.85 9,288.85 06/16/2025 Coupon 58769GAD5 130,000.00 MBALT 2024-B A3 4.23 02/15/2028 458.25 458.25 06/16/2025 Coupon 58770AAC7 85,564.63 MBART 2023-1 A3 4.51 11/15/2027 235.88 235.88 06/16/2025 Principal Paydown 58770AAC7 85,564.63 MBART 2023-1 A3 4.51 11/15/2027 4,767.09 4,767.09 06/16/2025 Coupon 63743HFE7 95,000.00 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 3.45 06/15/2025 1,638.75 1,638.75
06/16/2025 Final Maturity 63743HFE7 95,000.00 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 3.45 06/15/2025 95,000.00 95,000.00
06/16/2025 Coupon 89238FAD5 46,513.51 TAOT 2022-B A3 2.93 09/15/2026 54.33 54.33 06/16/2025 Principal Paydown 89238FAD5 46,513.51 TAOT 2022-B A3 2.93 09/15/2026 4,386.38 4,386.38 06/16/2025 Coupon 89239TAD4 105,000.00 TAOT 2024-D A3 4.4 06/15/2029 385.00 385.00 06/16/2025 Coupon 91282CEU1 500,000.00 UNITED STATES TREASURY 2.875 06/15/2025 7,187.50 7,187.50 06/16/2025 Final Maturity 91282CEU1 500,000.00 UNITED STATES TREASURY 2.875 06/15/2025 500,000.00 500,000.00 06/16/2025 Coupon 91282CGA3 600,000.00 UNITED STATES TREASURY 4.0 12/15/2025 12,000.00 12,000.00 06/16/2025 Coupon 91282CHH7 475,000.00 UNITED STATES TREASURY 4.125 06/15/2026 9,796.88 9,796.88 06/16/2025 Coupon 91282CJP7 300,000.00 UNITED STATES TREASURY 4.375 12/15/2026 6,562.50 6,562.50 06/18/2025 Coupon 43815PAC3 54,507.51 HAROT 2022-2 A3 3.73 07/20/2026 84.18 84.18 06/18/2025 Principal Paydown 43815PAC3 54,507.51 HAROT 2022-2 A3 3.73 07/20/2026 4,774.98 4,774.98 06/20/2025 Coupon 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 227.26 227.26 06/20/2025 Principal Paydown 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 8,974.68 8,974.68 06/23/2025 Coupon 43815JAC7 66,524.36 HAROT 2023-1 A3 5.04 04/21/2027 187.66 187.66 06/23/2025 Principal Paydown 43815JAC7 66,524.36 HAROT 2023-1 A3 5.04 04/21/2027 4,213.50 4,213.50 06/25/2025 Coupon 05602RAD3 98,326.14 BMWOT 2022-A A3 3.21 08/25/2026 111.01 111.01 06/25/2025 Principal Paydown 05602RAD3 98,326.14 BMWOT 2022-A A3 3.21 08/25/2026 10,373.42 10,373.42 06/25/2025 Coupon 3137BNGT5 487,779.73 FHMS K-054 A2 2.745 01/25/2026 1,073.16 1,073.16 06/25/2025 Principal Paydown 3137BNGT5 487,779.73 FHMS K-054 A2 2.745 01/25/2026 18,745.57 18,745.57 06/25/2025 Coupon 3137BVZ82 320,000.00 FHMS K-063 A2 3.43 01/25/2027 914.67 914.67 06/25/2025 Coupon 3137FEBQ2 500,000.00 FHMS K-072 A2 3.444 12/25/2027 1,435.00 1,435.00 06/25/2025 Coupon 3137FETN0 465,000.00 FHMS K-073 A2 3.35 01/25/2028 1,298.13 1,298.13 06/25/2025 Coupon 3137FHPJ6 325,000.00 FHMS K-080 A2 3.926 07/25/2028 1,063.29 1,063.29 CONFIDENTIAL | 45
City of Gardena Cons | Account #10647 | As of December 31, 2024 Execution Time: 01/13/2025 09:51:58 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 06/25/2025 Coupon 3137FJEH8 155,000.00 FHMS K-081 A2 3.9 08/25/2028 503.75 503.75 06/25/2025 Coupon 3137FJKE8 220,000.00 FHMS K-082 A2 3.92 09/25/2028 718.67 718.67 06/25/2025 Coupon 3137FJXV6 297,000.00 FHMS K-083 A2 4.05 09/25/2028 1,002.38 1,002.38 06/25/2025 Coupon 3137FJZ93 240,000.00 FHMS K-084 A2 3.78 10/25/2028 756.00 756.00 06/25/2025 Coupon 3137H4BY5 315,000.00 FHMS K-746 A2 2.031 09/25/2028 533.14 533.14 06/25/2025 Coupon 437076DC3 295,000.00 HOME DEPOT INC 4.75 06/25/2029 7,006.25 7,006.25 06/30/2025 Coupon 91282CGC9 500,000.00 UNITED STATES TREASURY 3.875 12/31/2027 9,687.50 9,687.50 June 2025 Total 1,073,445.03 120,729.29 1,194,174.32
JULY 2025
07/07/2025 Coupon 24422EXZ7 280,000.00 JOHN DEERE CAPITAL CORP 4.65 01/07/2028 6,437.67 6,437.67 07/14/2025 Coupon 459058KT9 250,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 3.5 07/12/2028 4,375.00 4,375.00
07/15/2025 Coupon 02582JJZ4 125,000.00 AMXCA 2023-1 A 4.87 05/15/2026 507.29 507.29 07/15/2025 Coupon 02582JKD1 340,000.00 AMXCA 2023-3 A 5.23 09/15/2028 1,481.83 1,481.83 07/15/2025 Coupon 161571HT4 340,000.00 CHAIT 2023-1 A 5.16 09/15/2028 1,462.00 1,462.00 07/15/2025 Coupon 43815BAC4 52,043.65 HAROT 2022-1 A3 1.88 05/15/2026 19.07 19.07 07/15/2025 Principal Paydown 43815BAC4 52,043.65 HAROT 2022-1 A3 1.88 05/15/2026 6,132.61 6,132.61 07/15/2025 Coupon 448976AD2 140,000.00 HART 2024-C A3 4.41 05/15/2029 514.50 514.50 07/15/2025 Coupon 448979AD6 145,489.90 HART 2023-A A3 4.58 04/15/2027 328.59 328.59 07/15/2025 Principal Paydown 448979AD6 145,489.90 HART 2023-A A3 4.58 04/15/2027 9,488.10 9,488.10 07/15/2025 Coupon 44934QAD3 90,000.00 HART 2024-B A3 4.84 03/15/2029 363.00 363.00 07/15/2025 Coupon 46625HMN7 400,000.00 JPMORGAN CHASE & CO 3.9 07/15/2025 7,800.00 7,800.00 07/15/2025 Final Maturity 46625HMN7 400,000.00 JPMORGAN CHASE & CO 3.9 07/15/2025 400,000.00 400,000.00 07/15/2025 Coupon 47787CAC7 310,000.00 JDOT 2023-C A3 5.48 05/15/2028 1,354.04 1,354.04 07/15/2025 Principal Paydown 47787CAC7 310,000.00 JDOT 2023-C A3 5.48 05/15/2028 21,507.24 21,507.24 07/15/2025 Coupon 47787JAC2 38,059.09 JDOT 2022 A3 0.36 09/15/2026 23.60 23.60 07/15/2025 Principal Paydown 47787JAC2 38,059.09 JDOT 2022 A3 0.36 09/15/2026 3,814.77 3,814.77 07/15/2025 Coupon 47800AAC4 82,411.60 JDOT 2022-B A3 3.74 02/16/2027 127.97 127.97 07/15/2025 Principal Paydown 47800AAC4 82,411.60 JDOT 2022-B A3 3.74 02/16/2027 3,871.56 3,871.56 07/15/2025 Coupon 47800BAC2 167,687.16 JDOT 2022-C A3 5.09 06/15/2027 428.04 428.04 07/15/2025 Principal Paydown 47800BAC2 167,687.16 JDOT 2022-C A3 5.09 06/15/2027 10,139.29 10,139.29 07/15/2025 Coupon 58769GAD5 130,000.00 MBALT 2024-B A3 4.23 02/15/2028 458.25 458.25 CONFIDENTIAL | 46
City of Gardena Cons | Account #10647 | As of December 31, 2024 Execution Time: 01/13/2025 09:51:58 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 07/15/2025 Coupon 58770AAC7 85,564.63 MBART 2023-1 A3 4.51 11/15/2027 217.97 217.97 07/15/2025 Principal Paydown 58770AAC7 85,564.63 MBART 2023-1 A3 4.51 11/15/2027 4,672.06 4,672.06 07/15/2025 Coupon 89238FAD5 46,513.51 TAOT 2022-B A3 2.93 09/15/2026 43.62 43.62 07/15/2025 Principal Paydown 89238FAD5 46,513.51 TAOT 2022-B A3 2.93 09/15/2026 4,300.78 4,300.78 07/15/2025 Coupon 89239TAD4 105,000.00 TAOT 2024-D A3 4.4 06/15/2029 385.00 385.00 07/15/2025 Coupon 91282CEY3 475,000.00 UNITED STATES TREASURY 3.0 07/15/2025 7,125.00 7,125.00 07/15/2025 Final Maturity 91282CEY3 475,000.00 UNITED STATES TREASURY 3.0 07/15/2025 475,000.00 475,000.00 07/15/2025 Coupon 91282CKZ3 1,000,000.00 UNITED STATES TREASURY 4.375 07/15/2027 21,875.00 21,875.00 07/16/2025 Coupon 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 316.37 316.37 07/16/2025 Principal Paydown 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 6,205.09 6,205.09 07/16/2025 Coupon 36265WAD5 53,598.47 GMCAR 2022-3 A3 3.64 04/16/2027 80.11 80.11 07/16/2025 Principal Paydown 36265WAD5 53,598.47 GMCAR 2022-3 A3 3.64 04/16/2027 4,222.72 4,222.72 07/16/2025 Coupon 38014AAD3 95,000.00 GMCAR 2024-4 A3 4.4 08/16/2029 338.04 338.04 07/17/2025 Coupon 61747YET8 175,000.00 MORGAN STANLEY 4.679 07/17/2026 4,094.13 4,094.13 07/17/2025 Effective Maturity 61747YET8 175,000.00 MORGAN STANLEY 4.679 07/17/2026 175,000.00 175,000.00 07/17/2025 Coupon 713448FX1 295,000.00 PEPSICO INC 4.5 07/17/2029 6,637.50 6,637.50 07/18/2025 Coupon 43815PAC3 54,507.51 HAROT 2022-2 A3 3.73 07/20/2026 69.34 69.34 07/18/2025 Principal Paydown 43815PAC3 54,507.51 HAROT 2022-2 A3 3.73 07/20/2026 4,656.33 4,656.33 07/21/2025 Coupon 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 187.02 187.02 07/21/2025 Principal Paydown 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 8,583.30 8,583.30 07/21/2025 Coupon 43815JAC7 66,524.36 HAROT 2023-1 A3 5.04 04/21/2027 169.96 169.96 07/21/2025 Principal Paydown 43815JAC7 66,524.36 HAROT 2023-1 A3 5.04 04/21/2027 4,113.65 4,113.65 07/21/2025 Coupon 78016HZT0 150,000.00 ROYAL BANK OF CANADA 4.875 01/19/2027 3,656.25 3,656.25 07/23/2025 Coupon 6174468C6 394,000.00 MORGAN STANLEY 4.0 07/23/2025 7,880.00 7,880.00 07/23/2025 Final Maturity 6174468C6 394,000.00 MORGAN STANLEY 4.0 07/23/2025 394,000.00 394,000.00 07/25/2025 Coupon 05602RAD3 98,326.14 BMWOT 2022-A A3 3.21 08/25/2026 83.26 83.26 07/25/2025 Principal Paydown 05602RAD3 98,326.14 BMWOT 2022-A A3 3.21 08/25/2026 9,921.30 9,921.30 07/25/2025 Coupon 3137BNGT5 487,779.73 FHMS K-054 A2 2.745 01/25/2026 1,030.28 1,030.28 07/25/2025 Principal Paydown 3137BNGT5 487,779.73 FHMS K-054 A2 2.745 01/25/2026 10,075.20 10,075.20 07/25/2025 Coupon 3137BVZ82 320,000.00 FHMS K-063 A2 3.43 01/25/2027 914.67 914.67 07/25/2025 Coupon 3137FEBQ2 500,000.00 FHMS K-072 A2 3.444 12/25/2027 1,435.00 1,435.00 07/25/2025 Coupon 3137FETN0 465,000.00 FHMS K-073 A2 3.35 01/25/2028 1,298.13 1,298.13 CONFIDENTIAL | 47
City of Gardena Cons | Account #10647 | As of December 31, 2024 Execution Time: 01/13/2025 09:51:58 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 07/25/2025 Coupon 3137FHPJ6 325,000.00 FHMS K-080 A2 3.926 07/25/2028 1,063.29 1,063.29 07/25/2025 Coupon 3137FJEH8 155,000.00 FHMS K-081 A2 3.9 08/25/2028 503.75 503.75 07/25/2025 Coupon 3137FJKE8 220,000.00 FHMS K-082 A2 3.92 09/25/2028 718.67 718.67 07/25/2025 Coupon 3137FJXV6 297,000.00 FHMS K-083 A2 4.05 09/25/2028 1,002.38 1,002.38 07/25/2025 Coupon 3137FJZ93 240,000.00 FHMS K-084 A2 3.78 10/25/2028 756.00 756.00 07/25/2025 Coupon 3137H4BY5 315,000.00 FHMS K-746 A2 2.031 09/25/2028 533.14 533.14 07/31/2025 Coupon 69371RS80 410,000.00 PACCAR FINANCIAL CORP 4.6 01/31/2029 9,430.00 9,430.00 July 2025 Total 1,555,704.01 97,524.71 1,653,228.72
AUGUST 2025
08/01/2025 Coupon 459058KW2 250,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 4.625 08/01/2028 5,781.25 5,781.25
08/15/2025 Coupon 02582JJZ4 125,000.00 AMXCA 2023-1 A 4.87 05/15/2026 507.29 507.29 08/15/2025 Coupon 02582JKD1 340,000.00 AMXCA 2023-3 A 5.23 09/15/2028 1,481.83 1,481.83 08/15/2025 Coupon 161571HT4 340,000.00 CHAIT 2023-1 A 5.16 09/15/2028 1,462.00 1,462.00 08/15/2025 Coupon 43815BAC4 52,043.65 HAROT 2022-1 A3 1.88 05/15/2026 9.46 9.46 08/15/2025 Principal Paydown 43815BAC4 52,043.65 HAROT 2022-1 A3 1.88 05/15/2026 5,945.46 5,945.46 08/15/2025 Coupon 438516CJ3 400,000.00 HONEYWELL INTERNATIONAL INC 4.95 02/15/2028 9,900.00 9,900.00
08/15/2025 Coupon 448976AD2 140,000.00 HART 2024-C A3 4.41 05/15/2029 514.50 514.50 08/15/2025 Coupon 448979AD6 145,489.90 HART 2023-A A3 4.58 04/15/2027 292.37 292.37 08/15/2025 Principal Paydown 448979AD6 145,489.90 HART 2023-A A3 4.58 04/15/2027 9,216.16 9,216.16 08/15/2025 Coupon 44934QAD3 90,000.00 HART 2024-B A3 4.84 03/15/2029 363.00 363.00 08/15/2025 Coupon 47787CAC7 310,000.00 JDOT 2023-C A3 5.48 05/15/2028 1,255.82 1,255.82 08/15/2025 Principal Paydown 47787CAC7 310,000.00 JDOT 2023-C A3 5.48 05/15/2028 16,444.98 16,444.98 08/15/2025 Coupon 47787JAC2 38,059.09 JDOT 2022 A3 0.36 09/15/2026 16.23 16.23 08/15/2025 Principal Paydown 47787JAC2 38,059.09 JDOT 2022 A3 0.36 09/15/2026 3,456.45 3,456.45 08/15/2025 Coupon 47800AAC4 82,411.60 JDOT 2022-B A3 3.74 02/16/2027 115.90 115.90 08/15/2025 Principal Paydown 47800AAC4 82,411.60 JDOT 2022-B A3 3.74 02/16/2027 3,633.04 3,633.04 08/15/2025 Coupon 47800BAC2 167,687.16 JDOT 2022-C A3 5.09 06/15/2027 385.04 385.04 08/15/2025 Principal Paydown 47800BAC2 167,687.16 JDOT 2022-C A3 5.09 06/15/2027 9,791.34 9,791.34 08/15/2025 Coupon 58769GAD5 130,000.00 MBALT 2024-B A3 4.23 02/15/2028 458.25 458.25 08/15/2025 Coupon 58770AAC7 85,564.63 MBART 2023-1 A3 4.51 11/15/2027 200.41 200.41 CONFIDENTIAL | 48
City of Gardena Cons | Account #10647 | As of December 31, 2024 Execution Time: 01/13/2025 09:51:58 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 08/15/2025 Principal Paydown 58770AAC7 85,564.63 MBART 2023-1 A3 4.51 11/15/2027 4,146.28 4,146.28 08/15/2025 Coupon 89238FAD5 46,513.51 TAOT 2022-B A3 2.93 09/15/2026 33.12 33.12 08/15/2025 Principal Paydown 89238FAD5 46,513.51 TAOT 2022-B A3 2.93 09/15/2026 4,192.48 4,192.48 08/15/2025 Coupon 89239TAD4 105,000.00 TAOT 2024-D A3 4.4 06/15/2029 385.00 385.00 08/15/2025 Coupon 912828YB0 150,000.00 UNITED STATES TREASURY 1.625 08/15/2029 1,218.75 1,218.75 08/18/2025 Coupon 06428CAA2 300,000.00 BANK OF AMERICA NA 5.526 08/18/2026 8,289.00 8,289.00 08/18/2025 Coupon 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 293.26 293.26 08/18/2025 Principal Paydown 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 6,021.66 6,021.66 08/18/2025 Coupon 36265WAD5 53,598.47 GMCAR 2022-3 A3 3.64 04/16/2027 67.30 67.30 08/18/2025 Principal Paydown 36265WAD5 53,598.47 GMCAR 2022-3 A3 3.64 04/16/2027 3,992.62 3,992.62 08/18/2025 Coupon 38014AAD3 95,000.00 GMCAR 2024-4 A3 4.4 08/16/2029 338.04 338.04 08/18/2025 Coupon 43815PAC3 54,507.51 HAROT 2022-2 A3 3.73 07/20/2026 54.86 54.86 08/18/2025 Principal Paydown 43815PAC3 54,507.51 HAROT 2022-2 A3 3.73 07/20/2026 4,514.00 4,514.00 08/20/2025 Coupon 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 148.54 148.54 08/20/2025 Principal Paydown 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 8,199.48 8,199.48 08/21/2025 Coupon 43815JAC7 66,524.36 HAROT 2023-1 A3 5.04 04/21/2027 152.69 152.69 08/21/2025 Principal Paydown 43815JAC7 66,524.36 HAROT 2023-1 A3 5.04 04/21/2027 3,988.08 3,988.08 08/25/2025 Coupon 037833BY5 400,000.00 APPLE INC 3.25 02/23/2026 6,500.00 6,500.00 08/25/2025 Coupon 05602RAD3 98,326.14 BMWOT 2022-A A3 3.21 08/25/2026 56.72 56.72 08/25/2025 Principal Paydown 05602RAD3 98,326.14 BMWOT 2022-A A3 3.21 08/25/2026 9,607.65 9,607.65 08/25/2025 Coupon 3137BNGT5 487,779.73 FHMS K-054 A2 2.745 01/25/2026 1,007.23 1,007.23 08/25/2025 Principal Paydown 3137BNGT5 487,779.73 FHMS K-054 A2 2.745 01/25/2026 861.77 861.77 08/25/2025 Coupon 3137BVZ82 320,000.00 FHMS K-063 A2 3.43 01/25/2027 914.67 914.67 08/25/2025 Coupon 3137FEBQ2 500,000.00 FHMS K-072 A2 3.444 12/25/2027 1,435.00 1,435.00 08/25/2025 Coupon 3137FETN0 465,000.00 FHMS K-073 A2 3.35 01/25/2028 1,298.13 1,298.13 08/25/2025 Coupon 3137FHPJ6 325,000.00 FHMS K-080 A2 3.926 07/25/2028 1,063.29 1,063.29 08/25/2025 Coupon 3137FJEH8 155,000.00 FHMS K-081 A2 3.9 08/25/2028 503.75 503.75 08/25/2025 Coupon 3137FJKE8 220,000.00 FHMS K-082 A2 3.92 09/25/2028 718.67 718.67 08/25/2025 Coupon 3137FJXV6 297,000.00 FHMS K-083 A2 4.05 09/25/2028 1,002.38 1,002.38 08/25/2025 Coupon 3137FJZ93 240,000.00 FHMS K-084 A2 3.78 10/25/2028 756.00 756.00 08/25/2025 Coupon 3137H4BY5 315,000.00 FHMS K-746 A2 2.031 09/25/2028 533.14 533.14 08/26/2025 Coupon 17275RBQ4 170,000.00 CISCO SYSTEMS INC 4.8 02/26/2027 4,080.00 4,080.00 CONFIDENTIAL | 49
City of Gardena Cons | Account #10647 | As of December 31, 2024 Execution Time: 01/13/2025 09:51:58 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 08/27/2025 Coupon 459058LK7 170,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 4.0 08/27/2026 3,400.00 3,400.00
August 2025 Total 94,011.45 56,992.88 151,004.32
SEPTEMBER 2025
09/02/2025 Coupon 9128284Z0 750,000.00 UNITED STATES TREASURY 2.75 08/31/2025 10,312.50 10,312.50 09/02/2025 Final Maturity 9128284Z0 750,000.00 UNITED STATES TREASURY 2.75 08/31/2025 750,000.00 750,000.00 09/09/2025 Coupon 57636QAW4 290,000.00 MASTERCARD INC 4.875 03/09/2028 7,068.75 7,068.75 09/09/2025 Coupon 931142EW9 80,000.00 WALMART INC 3.9 09/09/2025 1,560.00 1,560.00 09/09/2025 Final Maturity 931142EW9 80,000.00 WALMART INC 3.9 09/09/2025 80,000.00 80,000.00 09/10/2025 Coupon 3130ATS57 700,000.00 FEDERAL HOME LOAN BANKS 4.5 03/10/2028 15,750.00 15,750.00 09/15/2025 Coupon 02582JJZ4 125,000.00 AMXCA 2023-1 A 4.87 05/15/2026 507.29 507.29 09/15/2025 Coupon 02582JKD1 340,000.00 AMXCA 2023-3 A 5.23 09/15/2028 1,481.83 1,481.83 09/15/2025 Coupon 161571HT4 340,000.00 CHAIT 2023-1 A 5.16 09/15/2028 1,462.00 1,462.00 09/15/2025 Coupon 437076CR1 110,000.00 HOME DEPOT INC 4.0 09/15/2025 2,200.00 2,200.00 09/15/2025 Final Maturity 437076CR1 110,000.00 HOME DEPOT INC 4.0 09/15/2025 110,000.00 110,000.00 09/15/2025 Coupon 43815BAC4 52,043.65 HAROT 2022-1 A3 1.88 05/15/2026 0.15 0.15 09/15/2025 Effective Maturity 43815BAC4 52,043.65 HAROT 2022-1 A3 1.88 05/15/2026 93.86 93.86 09/15/2025 Coupon 448976AD2 140,000.00 HART 2024-C A3 4.41 05/15/2029 514.50 514.50 09/15/2025 Coupon 448979AD6 145,489.90 HART 2023-A A3 4.58 04/15/2027 257.20 257.20 09/15/2025 Principal Paydown 448979AD6 145,489.90 HART 2023-A A3 4.58 04/15/2027 9,025.92 9,025.92 09/15/2025 Coupon 44934QAD3 90,000.00 HART 2024-B A3 4.84 03/15/2029 363.00 363.00 09/15/2025 Coupon 47787CAC7 310,000.00 JDOT 2023-C A3 5.48 05/15/2028 1,180.72 1,180.72 09/15/2025 Principal Paydown 47787CAC7 310,000.00 JDOT 2023-C A3 5.48 05/15/2028 13,059.33 13,059.33 09/15/2025 Coupon 47787JAC2 38,059.09 JDOT 2022 A3 0.36 09/15/2026 9.55 9.55 09/15/2025 Principal Paydown 47787JAC2 38,059.09 JDOT 2022 A3 0.36 09/15/2026 3,366.84 3,366.84 09/15/2025 Coupon 47800AAC4 82,411.60 JDOT 2022-B A3 3.74 02/16/2027 104.58 104.58 09/15/2025 Principal Paydown 47800AAC4 82,411.60 JDOT 2022-B A3 3.74 02/16/2027 3,784.17 3,784.17 09/15/2025 Coupon 47800BAC2 167,687.16 JDOT 2022-C A3 5.09 06/15/2027 343.50 343.50 09/15/2025 Principal Paydown 47800BAC2 167,687.16 JDOT 2022-C A3 5.09 06/15/2027 8,420.99 8,420.99 09/15/2025 Coupon 58769GAD5 130,000.00 MBALT 2024-B A3 4.23 02/15/2028 458.25 458.25 09/15/2025 Coupon 58770AAC7 85,564.63 MBART 2023-1 A3 4.51 11/15/2027 184.82 184.82 09/15/2025 Principal Paydown 58770AAC7 85,564.63 MBART 2023-1 A3 4.51 11/15/2027 4,023.90 4,023.90 CONFIDENTIAL | 50
City of Gardena Cons | Account #10647 | As of December 31, 2024 Execution Time: 01/13/2025 09:51:58 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 09/15/2025 Coupon 89238FAD5 46,513.51 TAOT 2022-B A3 2.93 09/15/2026 22.88 22.88 09/15/2025 Principal Paydown 89238FAD5 46,513.51 TAOT 2022-B A3 2.93 09/15/2026 4,110.12 4,110.12 09/15/2025 Coupon 89239TAD4 105,000.00 TAOT 2024-D A3 4.4 06/15/2029 385.00 385.00 09/15/2025 Coupon 91282CFK2 475,000.00 UNITED STATES TREASURY 3.5 09/15/2025 8,312.50 8,312.50 09/15/2025 Final Maturity 91282CFK2 475,000.00 UNITED STATES TREASURY 3.5 09/15/2025 475,000.00 475,000.00 09/16/2025 Coupon 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 270.83 270.83 09/16/2025 Principal Paydown 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 5,902.61 5,902.61 09/16/2025 Coupon 36265WAD5 53,598.47 GMCAR 2022-3 A3 3.64 04/16/2027 55.19 55.19 09/16/2025 Principal Paydown 36265WAD5 53,598.47 GMCAR 2022-3 A3 3.64 04/16/2027 3,781.04 3,781.04 09/16/2025 Coupon 38014AAD3 95,000.00 GMCAR 2024-4 A3 4.4 08/16/2029 338.04 338.04 09/17/2025 Coupon 931142ER0 40,000.00 WALMART INC 1.05 09/17/2026 210.00 210.00 09/18/2025 Coupon 43815PAC3 54,507.51 HAROT 2022-2 A3 3.73 07/20/2026 40.83 40.83 09/18/2025 Principal Paydown 43815PAC3 54,507.51 HAROT 2022-2 A3 3.73 07/20/2026 4,400.31 4,400.31 09/18/2025 Coupon 857477CL5 365,000.00 STATE STREET CORP 4.993 03/18/2027 9,112.23 9,112.23 09/22/2025 Coupon 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 111.78 111.78 09/22/2025 Principal Paydown 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 9,439.95 9,439.95 09/22/2025 Coupon 43815JAC7 66,524.36 HAROT 2023-1 A3 5.04 04/21/2027 135.94 135.94 09/22/2025 Principal Paydown 43815JAC7 66,524.36 HAROT 2023-1 A3 5.04 04/21/2027 3,892.62 3,892.62 09/25/2025 Coupon 05602RAD3 98,326.14 BMWOT 2022-A A3 3.21 08/25/2026 31.02 31.02 09/25/2025 Principal Paydown 05602RAD3 98,326.14 BMWOT 2022-A A3 3.21 08/25/2026 8,079.00 8,079.00 09/25/2025 Coupon 3137BNGT5 487,779.73 FHMS K-054 A2 2.745 01/25/2026 1,005.26 1,005.26 09/25/2025 Principal Paydown 3137BNGT5 487,779.73 FHMS K-054 A2 2.745 01/25/2026 864.35 864.35 09/25/2025 Coupon 3137BVZ82 320,000.00 FHMS K-063 A2 3.43 01/25/2027 914.67 914.67 09/25/2025 Coupon 3137FEBQ2 500,000.00 FHMS K-072 A2 3.444 12/25/2027 1,435.00 1,435.00 09/25/2025 Coupon 3137FETN0 465,000.00 FHMS K-073 A2 3.35 01/25/2028 1,298.13 1,298.13 09/25/2025 Coupon 3137FHPJ6 325,000.00 FHMS K-080 A2 3.926 07/25/2028 1,063.29 1,063.29 09/25/2025 Coupon 3137FJEH8 155,000.00 FHMS K-081 A2 3.9 08/25/2028 503.75 503.75 09/25/2025 Coupon 3137FJKE8 220,000.00 FHMS K-082 A2 3.92 09/25/2028 718.67 718.67 09/25/2025 Coupon 3137FJXV6 297,000.00 FHMS K-083 A2 4.05 09/25/2028 1,002.38 1,002.38 09/25/2025 Coupon 3137FJZ93 240,000.00 FHMS K-084 A2 3.78 10/25/2028 756.00 756.00 09/25/2025 Coupon 3137H4BY5 315,000.00 FHMS K-746 A2 2.031 09/25/2028 533.14 533.14 09/30/2025 Coupon 9128286L9 750,000.00 UNITED STATES TREASURY 2.25 03/31/2026 8,437.50 8,437.50 CONFIDENTIAL | 51
City of Gardena Cons | Account #10647 | As of December 31, 2024 Execution Time: 01/13/2025 09:51:58 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 09/30/2025 Coupon 912828YG9 300,000.00 UNITED STATES TREASURY 1.625 09/30/2026 2,437.50 2,437.50 09/30/2025 Coupon 91282CEF4 750,000.00 UNITED STATES TREASURY 2.5 03/31/2027 9,375.00 9,375.00 09/30/2025 Coupon 91282CFM8 570,000.00 UNITED STATES TREASURY 4.125 09/30/2027 11,756.25 11,756.25 09/30/2025 Coupon 91282CGT2 600,000.00 UNITED STATES TREASURY 3.625 03/31/2028 10,875.00 10,875.00 September 2025
Total 1,497,245.02 114,896.40 1,612,141.42
OCTOBER 2025
10/06/2025 Coupon 89115A2W1 400,000.00 TORONTO-DOMINION BANK 4.98 04/05/2027 9,960.00 9,960.00 10/09/2025 Coupon 3130B3A29 600,000.00 FEDERAL HOME LOAN BANKS 4.0 10/09/2026 12,000.00 12,000.00 10/15/2025 Coupon 02582JJZ4 125,000.00 AMXCA 2023-1 A 4.87 05/15/2026 507.29 507.29 10/15/2025 Coupon 02582JKD1 340,000.00 AMXCA 2023-3 A 5.23 09/15/2028 1,481.83 1,481.83 10/15/2025 Coupon 161571HT4 340,000.00 CHAIT 2023-1 A 5.16 09/15/2028 1,462.00 1,462.00 10/15/2025 Coupon 20030NCS8 400,000.00 COMCAST CORP 3.95 10/15/2025 7,900.00 7,900.00 10/15/2025 Final Maturity 20030NCS8 400,000.00 COMCAST CORP 3.95 10/15/2025 400,000.00 400,000.00 10/15/2025 Coupon 448976AD2 140,000.00 HART 2024-C A3 4.41 05/15/2029 514.50 514.50 10/15/2025 Coupon 448979AD6 145,489.90 HART 2023-A A3 4.58 04/15/2027 222.75 222.75 10/15/2025 Principal Paydown 448979AD6 145,489.90 HART 2023-A A3 4.58 04/15/2027 8,699.01 8,699.01 10/15/2025 Coupon 44934QAD3 90,000.00 HART 2024-B A3 4.84 03/15/2029 363.00 363.00 10/15/2025 Coupon 47787CAC7 310,000.00 JDOT 2023-C A3 5.48 05/15/2028 1,121.08 1,121.08 10/15/2025 Principal Paydown 47787CAC7 310,000.00 JDOT 2023-C A3 5.48 05/15/2028 15,261.21 15,261.21 10/15/2025 Coupon 47787JAC2 38,059.09 JDOT 2022 A3 0.36 09/15/2026 3.04 3.04 10/15/2025 Effective Maturity 47787JAC2 38,059.09 JDOT 2022 A3 0.36 09/15/2026 1,570.47 1,570.47 10/15/2025 Coupon 47800AAC4 82,411.60 JDOT 2022-B A3 3.74 02/16/2027 92.79 92.79 10/15/2025 Principal Paydown 47800AAC4 82,411.60 JDOT 2022-B A3 3.74 02/16/2027 4,429.30 4,429.30 10/15/2025 Coupon 47800BAC2 167,687.16 JDOT 2022-C A3 5.09 06/15/2027 307.79 307.79 10/15/2025 Principal Paydown 47800BAC2 167,687.16 JDOT 2022-C A3 5.09 06/15/2027 6,287.94 6,287.94 10/15/2025 Coupon 58769GAD5 130,000.00 MBALT 2024-B A3 4.23 02/15/2028 458.25 458.25 10/15/2025 Coupon 58770AAC7 85,564.63 MBART 2023-1 A3 4.51 11/15/2027 169.70 169.70 10/15/2025 Principal Paydown 58770AAC7 85,564.63 MBART 2023-1 A3 4.51 11/15/2027 3,874.79 3,874.79 10/15/2025 Coupon 89238FAD5 46,513.51 TAOT 2022-B A3 2.93 09/15/2026 12.84 12.84 10/15/2025 Principal Paydown 89238FAD5 46,513.51 TAOT 2022-B A3 2.93 09/15/2026 3,987.72 3,987.72 10/15/2025 Coupon 89239TAD4 105,000.00 TAOT 2024-D A3 4.4 06/15/2029 385.00 385.00 CONFIDENTIAL | 52
City of Gardena Cons | Account #10647 | As of December 31, 2024 Execution Time: 01/13/2025 09:51:58 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 10/15/2025 Coupon 91282CFP1 550,000.00 UNITED STATES TREASURY 4.25 10/15/2025 11,687.50 11,687.50 10/15/2025 Final Maturity 91282CFP1 550,000.00 UNITED STATES TREASURY 4.25 10/15/2025 550,000.00 550,000.00 10/15/2025 Coupon 91282CJC6 475,000.00 UNITED STATES TREASURY 4.625 10/15/2026 10,984.38 10,984.38 10/16/2025 Coupon 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 248.84 248.84 10/16/2025 Principal Paydown 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 5,667.00 5,667.00 10/16/2025 Coupon 36265WAD5 53,598.47 GMCAR 2022-3 A3 3.64 04/16/2027 43.72 43.72 10/16/2025 Principal Paydown 36265WAD5 53,598.47 GMCAR 2022-3 A3 3.64 04/16/2027 3,633.81 3,633.81 10/16/2025 Coupon 38014AAD3 95,000.00 GMCAR 2024-4 A3 4.4 08/16/2029 338.04 338.04 10/16/2025 Coupon 459058LN1 300,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 3.875 10/16/2029 5,812.50 5,812.50
10/20/2025 Coupon 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 69.46 69.46 10/20/2025 Principal Paydown 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 8,833.42 8,833.42 10/20/2025 Coupon 43815PAC3 54,507.51 HAROT 2022-2 A3 3.73 07/20/2026 27.15 27.15 10/20/2025 Principal Paydown 43815PAC3 54,507.51 HAROT 2022-2 A3 3.73 07/20/2026 4,241.79 4,241.79 10/21/2025 Coupon 43815JAC7 66,524.36 HAROT 2023-1 A3 5.04 04/21/2027 119.59 119.59 10/21/2025 Principal Paydown 43815JAC7 66,524.36 HAROT 2023-1 A3 5.04 04/21/2027 3,748.22 3,748.22 10/27/2025 Coupon 05602RAD3 98,326.14 BMWOT 2022-A A3 3.21 08/25/2026 9.41 9.41 10/27/2025 Effective Maturity 05602RAD3 98,326.14 BMWOT 2022-A A3 3.21 08/25/2026 3,518.45 3,518.45 10/27/2025 Coupon 3137BNGT5 487,779.73 FHMS K-054 A2 2.745 01/25/2026 1,003.29 1,003.29 10/27/2025 Principal Paydown 3137BNGT5 487,779.73 FHMS K-054 A2 2.745 01/25/2026 17,478.36 17,478.36 10/27/2025 Coupon 3137BVZ82 320,000.00 FHMS K-063 A2 3.43 01/25/2027 914.67 914.67 10/27/2025 Coupon 3137FEBQ2 500,000.00 FHMS K-072 A2 3.444 12/25/2027 1,435.00 1,435.00 10/27/2025 Coupon 3137FETN0 465,000.00 FHMS K-073 A2 3.35 01/25/2028 1,298.13 1,298.13 10/27/2025 Coupon 3137FHPJ6 325,000.00 FHMS K-080 A2 3.926 07/25/2028 1,063.29 1,063.29 10/27/2025 Coupon 3137FJEH8 155,000.00 FHMS K-081 A2 3.9 08/25/2028 503.75 503.75 10/27/2025 Coupon 3137FJKE8 220,000.00 FHMS K-082 A2 3.92 09/25/2028 718.67 718.67 10/27/2025 Coupon 3137FJXV6 297,000.00 FHMS K-083 A2 4.05 09/25/2028 1,002.38 1,002.38 10/27/2025 Coupon 3137FJZ93 240,000.00 FHMS K-084 A2 3.78 10/25/2028 756.00 756.00 10/27/2025 Coupon 3137H4BY5 315,000.00 FHMS K-746 A2 2.031 09/25/2028 533.14 533.14 October 2025
Total 1,041,231.49 75,530.74 1,116,762.23
NOVEMBER 2025
CONFIDENTIAL | 53
City of Gardena Cons | Account #10647 | As of December 31, 2024 Execution Time: 01/13/2025 09:51:58 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 11/03/2025 Coupon 74456QBU9 300,000.00 PUBLIC SERVICE ELECTRIC AND GAS CO 3.7 05/01/2028 5,550.00 5,550.00
11/07/2025 Coupon 3135G06G3 350,000.00 FEDERAL NATIONAL MORTGAGE ASSOCIATION

0.5 11/07/2025 875.00 875.00
11/07/2025 Final Maturity 3135G06G3 350,000.00 FEDERAL NATIONAL MORTGAGE ASSOCIATION

0.5 11/07/2025 350,000.00 350,000.00
11/10/2025 Coupon 665859AW4 450,000.00 NORTHERN TRUST CORP 4.0 05/10/2027 9,000.00 9,000.00 11/13/2025 Coupon 63743HFK3 390,000.00 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 5.6 11/13/2026 10,920.00 10,920.00
11/14/2025 Coupon 14913UAL4 405,000.00 CATERPILLAR FINANCIAL SERVICES CORP 5.0 05/14/2027 10,125.00 10,125.00
11/17/2025 Coupon 02582JJZ4 125,000.00 AMXCA 2023-1 A 4.87 05/15/2026 507.29 507.29 11/17/2025 Coupon 02582JKD1 340,000.00 AMXCA 2023-3 A 5.23 09/15/2028 1,481.83 1,481.83 11/17/2025 Coupon 161571HT4 340,000.00 CHAIT 2023-1 A 5.16 09/15/2028 1,462.00 1,462.00 11/17/2025 Coupon 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 227.73 227.73 11/17/2025 Principal Paydown 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 4,792.29 4,792.29 11/17/2025 Coupon 36265WAD5 53,598.47 GMCAR 2022-3 A3 3.64 04/16/2027 32.70 32.70 11/17/2025 Principal Paydown 36265WAD5 53,598.47 GMCAR 2022-3 A3 3.64 04/16/2027 3,549.87 3,549.87 11/17/2025 Coupon 38014AAD3 95,000.00 GMCAR 2024-4 A3 4.4 08/16/2029 338.04 338.04 11/17/2025 Coupon 448976AD2 140,000.00 HART 2024-C A3 4.41 05/15/2029 514.50 514.50 11/17/2025 Coupon 448979AD6 145,489.90 HART 2023-A A3 4.58 04/15/2027 189.55 189.55 11/17/2025 Principal Paydown 448979AD6 145,489.90 HART 2023-A A3 4.58 04/15/2027 8,298.72 8,298.72 11/17/2025 Coupon 44934QAD3 90,000.00 HART 2024-B A3 4.84 03/15/2029 363.00 363.00 11/17/2025 Coupon 47787CAC7 310,000.00 JDOT 2023-C A3 5.48 05/15/2028 1,051.39 1,051.39 11/17/2025 Principal Paydown 47787CAC7 310,000.00 JDOT 2023-C A3 5.48 05/15/2028 16,353.10 16,353.10 11/17/2025 Coupon 47800AAC4 82,411.60 JDOT 2022-B A3 3.74 02/16/2027 78.98 78.98 11/17/2025 Principal Paydown 47800AAC4 82,411.60 JDOT 2022-B A3 3.74 02/16/2027 4,716.71 4,716.71 11/17/2025 Coupon 47800BAC2 167,687.16 JDOT 2022-C A3 5.09 06/15/2027 281.11 281.11 11/17/2025 Principal Paydown 47800BAC2 167,687.16 JDOT 2022-C A3 5.09 06/15/2027 6,890.32 6,890.32 11/17/2025 Coupon 58769GAD5 130,000.00 MBALT 2024-B A3 4.23 02/15/2028 458.25 458.25 11/17/2025 Coupon 58770AAC7 85,564.63 MBART 2023-1 A3 4.51 11/15/2027 155.14 155.14 11/17/2025 Principal Paydown 58770AAC7 85,564.63 MBART 2023-1 A3 4.51 11/15/2027 3,792.82 3,792.82 11/17/2025 Coupon 58933YBH7 90,000.00 MERCK & CO INC 4.05 05/17/2028 1,822.50 1,822.50 CONFIDENTIAL | 54
City of Gardena Cons | Account #10647 | As of December 31, 2024 Execution Time: 01/13/2025 09:51:58 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 11/17/2025 Coupon 89236TMF9 400,000.00 TOYOTA MOTOR CREDIT CORP 5.05 05/16/2029 10,100.00 10,100.00 11/17/2025 Coupon 89238FAD5 46,513.51 TAOT 2022-B A3 2.93 09/15/2026 3.11 3.11 11/17/2025 Effective Maturity 89238FAD5 46,513.51 TAOT 2022-B A3 2.93 09/15/2026 1,272.56 1,272.56 11/17/2025 Coupon 89239TAD4 105,000.00 TAOT 2024-D A3 4.4 06/15/2029 385.00 385.00 11/17/2025 Coupon 9128283F5 800,000.00 UNITED STATES TREASURY 2.25 11/15/2027 9,000.00 9,000.00 11/17/2025 Coupon 912828R36 250,000.00 UNITED STATES TREASURY 1.625 05/15/2026 2,031.25 2,031.25 11/17/2025 Coupon 912828U24 625,000.00 UNITED STATES TREASURY 2.0 11/15/2026 6,250.00 6,250.00 11/17/2025 Coupon 912828X88 350,000.00 UNITED STATES TREASURY 2.375 05/15/2027 4,156.25 4,156.25 11/18/2025 Coupon 43815PAC3 54,507.51 HAROT 2022-2 A3 3.73 07/20/2026 13.97 13.97 11/18/2025 Principal Paydown 43815PAC3 54,507.51 HAROT 2022-2 A3 3.73 07/20/2026 4,129.07 4,129.07 11/20/2025 Coupon 3133ERFJ5 330,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.5 05/20/2027 7,425.00 7,425.00
11/20/2025 Coupon 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 29.85 29.85 11/20/2025 Effective Maturity 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 6,658.42 6,658.42 11/21/2025 Coupon 43815JAC7 66,524.36 HAROT 2023-1 A3 5.04 04/21/2027 103.84 103.84 11/21/2025 Principal Paydown 43815JAC7 66,524.36 HAROT 2023-1 A3 5.04 04/21/2027 3,294.25 3,294.25 11/25/2025 Coupon 3137BNGT5 487,779.73 FHMS K-054 A2 2.745 01/25/2026 963.30 963.30 11/25/2025 Principal Paydown 3137BNGT5 487,779.73 FHMS K-054 A2 2.745 01/25/2026 18,190.30 18,190.30 11/25/2025 Coupon 3137BVZ82 320,000.00 FHMS K-063 A2 3.43 01/25/2027 914.67 914.67 11/25/2025 Coupon 3137FEBQ2 500,000.00 FHMS K-072 A2 3.444 12/25/2027 1,435.00 1,435.00 11/25/2025 Coupon 3137FETN0 465,000.00 FHMS K-073 A2 3.35 01/25/2028 1,298.13 1,298.13 11/25/2025 Coupon 3137FHPJ6 325,000.00 FHMS K-080 A2 3.926 07/25/2028 1,063.29 1,063.29 11/25/2025 Coupon 3137FJEH8 155,000.00 FHMS K-081 A2 3.9 08/25/2028 503.75 503.75 11/25/2025 Coupon 3137FJKE8 220,000.00 FHMS K-082 A2 3.92 09/25/2028 718.67 718.67 11/25/2025 Coupon 3137FJXV6 297,000.00 FHMS K-083 A2 4.05 09/25/2028 1,002.38 1,002.38 11/25/2025 Coupon 3137FJZ93 240,000.00 FHMS K-084 A2 3.78 10/25/2028 756.00 756.00 11/25/2025 Coupon 3137H4BY5 315,000.00 FHMS K-746 A2 2.031 09/25/2028 533.14 533.14 November 2025
Total 431,938.42 94,120.60 526,059.03
Grand Total 144,760,319.09 9,366,847.92 1,026,738.39 10,393,586.31 CONFIDENTIAL | 55
City of Gardena Cons | Account #10647 | As of December 31, 2024 Execution Time: 01/13/2025 09:51:58 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

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

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

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

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

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

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

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

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

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

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

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

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

Report No. P-2025-2

1 TO: THE HONORABLE MAYOR AND CITY COUNCIL
SUBJECT: PERSONNEL REPORT

1. Report the separation of the following individuals:

a. OSVALDO ARECHIGA, Transit Mechanic, with the Transportation Department, effective January 6, 2025. Mr. Arechiga provided 12.0 years of service to the City. b. QUENTIN WASHINGTON, Police Officer, with the Police Department, effective January 6, 2025. Officer Washington provided 4.1 years of service to the City. c. JACLYN ARCOS , Community Services Counselor, with the Recreation and Human Services Department, effective January 10, 2025. Ms. Arcos provided 7.6 years of service to the City.

2. Report the Recruitment for the Open/Competitive position of Administrative Analyst I (Administrative Services Department). This recruitment is open until filled.

3. Report the Recruitment for the Open/Competitive position of Payroll/Personnel Technician (Administrative Services Department). This recruitment is scheduled to close February 19, 2025.

4. Report the Recruitment for the Open/Competitive position of Police Officer/Lateral (Police Department). This is a continuous recruitment.

5. Report the Recruitment for the Open/Competitive position of Police Service Officer (Police Department). This recruitment is scheduled to close February 2, 2025.

6. Report the Recruitment for the Open/Competitive position of Police Trainee (Police Department). This is a continuous recruitment.

7. Report the Recruitment for the Open/Competitive position of Human Services Coordinator (Recreation and Human Services Department). This recruitment is scheduled to close January 30, 2025.

8. Report the Recruitment for the Open/Competitive position of Recreation Leader I /II (Recreation and Human Services Department). This is a continuous recruitment.

9. Report the Recruitment for the Open/Competitive position of Social Services Coordinator (Recreation and Human Services Department). This recruitment is scheduled to close January 30, 2025.

10. Report the Recruitment for the Open/Competitive position of Bus Operator (Transportation Department). This is a continuous recruitment.

11. Report the Recruitment for the Open/Competitive position of Transit Mechanic (Transportation Department). This recruitment is open until filled.

Report No. P-2025-2

2 12. Report the Recruitment for the Open/Competitive position of Transportation Operations Supervisor (Transportation Department). This recruitment is open until filled.

City of Gardena
Gardena City Council Meeting

AGENDA REPORT SUMMARY
Agenda Item No. 8.F
Section: CONSENT CALENDAR
Meeting Date: January 28, 2025

TO: THE HONORABLE MAYOR AND MEMBERS OF THE GARDENA CITY COUNCIL AGENDA TITLE:

Acceptance of Work and Notice of Completion for the Pedestrian Safety Improvement FY 2023-2024 Project (Phase 2), JN 527
CONTACT: PUBLIC WORKS
COUNCIL ACTION REQUIRED:

RECOMMENDATION AND STAFF SUMMARY:

Staff respectfully recommends that City Council accept the work performed by Kalban, Inc. and order the recordation of the Notice of Completion for the Pedestrian Safety Improvement FY 2023-2024, JN 527.

The first phase of the project consisted of analyzing and reviewing Maintenance District Zone 2 for sidewalk tripping hazards. Small displacements (trip hazards between 1/2" and 2-1/2") resulted in the cutting of the sidewalks, whereas the larger displacements were planned for remediation for phase two.

This project replaced approximately 7,300 square feet of raised and damaged sidewalk, 100 linear feet of curb and gutter, and replaced 1 tree within the City's Maintenance District, Zone

2. Sufficient funds to complete this project were appropriated by the City Council during the fiscal year 2023-2024 Capital Improvement Budget using Measure R and SB 821 funds.

FINANCIAL IMPACT/COST:

Amount of Expense: $208,014.22
Funding source: Measure R and SB 821
ATTACHMENTS:

JN527 Ped safety Ph 2 NOC.pdf
JN 527_District 2 Map.pdf

APPROVED:
___________________________________
Clint Osorio, City Manager
RECORDING REQUEST BY AND MAIL TO:

Mina Semenza, City Clerk
City of Gardena
1700 W. 162nd Street
Gardena, CA 90247

SPACE ABOVE THIS LINE RESERVED FOR RECORDER'S USE

NOTICE OF COMPLETION
NOTICE IS HEREBY GIVEN, that:

1. The undersigned is the duly authorized representative of the City of Gardena, a Municipal Corporation of the State of California located within the County of Los Angeles in said State at 1700 West 162 Street, Gardena, California 90247.

2. That on the 23th day of September, 2024, the City Council of said City entered into contract with Kalban, Inc. whose address is 26450 Reuther Ave, #201, Santa Clarita, CA 91350 for the improvement titled Pedestrian Safety Improvement Project, JN 527 Various Locations in accordance with City of Gardena Plans and Specifications.

3. That all of the work and improvement was located at Various locations within Maintenance District, Zone 2 in said City. The owner of the location is the City of Gardena.

4. That all of the work and improvement contemplated in and under said contract was substantially completed on December 6, 2024 .

5. That the City Council formally accepted this work and improvement on January 28, 2025 .

The undersigned, being first duly sworn, states: That he is the duly authorized representative of the City of Gardena, the political subdivision of the State of California which conducted the proceedings for the improvement titled Pedestrian Safety Improvement FY 2023-2024 Project (Phase 2), JN 527 in said City, that he has read the foregoing "Notice of Completion" and knows the facts recited therein are true.

IN WITNESS THEREOF, I have hereunto subscribed my name as the duly authorized representative of said City this day of 2025.

City of Gardena

Matthew Au

EL SEGUNDO BLVD

WESTERN AVE

VERMONT AVE

ROSECRANS AVE
City of Gardena
Gardena City Council Meeting

AGENDA REPORT SUMMARY
Agenda Item No. 12.A
Section: DEPARTMENTAL

ITEMS - ADMINISTRATIVE

SERVICES
Meeting Date: January 28, 2025

TO: THE HONORABLE MAYOR AND MEMBERS OF THE GARDENA CITY COUNCIL AGENDA TITLE:

Approval of Investment Management Services Agreement with Chandler Asset Management, Inc., for a Period of Three Years, Not to Exceed $240,000, with Two (2) One-Year Renewal Options
COUNCIL ACTION REQUIRED:

Staff Recommendation: Approve Agreement
RECOMMENDATION AND STAFF SUMMARY:

Staff requests the City Council approve Chandler Asset Management, Inc., to provide Investment Management Services for a contract period of three years not to exceed $240,000, with two (2) one-year renewal option years not to exceed $80,000 each year.

Professional investment management of public funds is a best practice that provides substantial benefits to the City. These benefits include day-to-day monitoring of investment yields available in the market; rebalancing of the portfolio's duration (average maturity) to take advantage of the interest rate trends; credit monitoring and analysis; investment selections; and competitive shopping of investments to obtain the best rates.

Chandler Asset Management, Inc., (Chandler), has assisted the City in developing an investment program, including analysis of risk and return, investment policy development and review, investment strategies that meet the City's risk and return requirements, and conduct education and training for staff enrichment. They have provided monthly reporting services and attended the City's quarterly Finance Committee meetings along with City Council meetings when requested.

Chandler was established in 1988, has 30 years of experience in the public sector, and manages over $36.2 billion in assets, including $12.1 billion for California cities. They have over 80 California city and county clients, thus, making them knowledgeable of legislation to recommend best practices and provide guidance on safe and effective practices for the management of public funds.

Below is a fee breakdown based on total market value of assets potentially being managed.

Currently, Chandler is managing assets with a market value of over $33 million for the City of Gardena. The fees being proposed are the same fees from the original agreement in 2019, with no increase in fees.

Market Value
Management Fee
Annual Charges
First
$25,000,000
10 Basis Points (0.001 or

0.1%)
$25,000
Next
$25,000,000
8 Basis Points (0.0008 or

0.08%)
$20,000
Over
$50,000,000
7 Basis Points (0.0007 or

0.07%)
$35,000

Chandler began managing the City's investments in 2019 and has earned over $3 million in total interest income. With an average interest earned of $500,000 per fiscal year, at an average cost of $31,000; Chandler has consistently and significantly surpassed their annual management service fees.

FINANCIAL IMPACT/COST:

Fiscal Year
Funding Source
Amount
2024-2025
General Fund
$40,000
2025-2026
General Fund
$80,000
2026-2027
General Fund
$80,000
2027-2028
General Fund
$40,000
ATTACHMENTS:
psa - chandler asset mgmt-2025.pdf

APPROVED:
___________________________________
Clint Osorio, City Manager
Consultant Agreement with Chandler Asset Management, Inc. Page 1

AGREEMENT BETWEEN

THE CITY OF GARDENA
AND
CHANDLER ASSET MANAGEMENT, INC.

This contract, hereinafter referred to as Agreement is entered into this 14th day of January, 2025, by and between THE CITY OF GARDENA (“City”) and CHANDLER ASSET MANAGEMENT, INC., a California Corporation (“Consultant”). Based on the mutual promises and covenants contained herein, the Parties hereto agree, as follows.

1. Recitals.

A. Whereas, City requires the services of a professional to provide investment management services; and

B. Whereas, Consultant has represented that it is qualified by virtue of experience, training, education and expertise to provide these services; and

C. Whereas, City has determined that the public interest, convenience and necessity require the execution of this Agreement.

D. WHEREAS, no official or employee of City has a financial interest, within the provisions of sections 1090-1092 of the California Government Code, in the subject matter of this Agreement.

2. Services.

A. The services to be performed by Consultant shall consist of the following (“Services”): As specified in Exhibit “A”, attached hereto and incorporated herein by reference, unless otherwise instructed by City.

B. The Services shall be performed in accordance with the Project Schedule set forth in Exhibit A. Consultant shall not be liable for any failure or delay in furnishing proposed Services resulting from fire, explosion, flood, storm, Act of God, governmental acts, orders or regulations, hostilities, civil disturbances, strikes, labor difficulties, difficulty in obtaining parts, supplies, or shipping facilities, inability to obtain or delays in obtaining suitable material or facilities required for performance, temporary unavailability of qualified personnel, failure by City to provide appropriate access to equipment or personnel, or other causes beyond Consultant’s reasonable control.

3. Additional Services. If City determines that additional Services are required to be provided by Consultant in addition to the Services set forth above, City shall authorize Consultant to perform such additional Services in writing (“Additional Services”). Such Additional Services shall be specifically described and approved by City in writing prior to the performance thereof. Consultant shall be compensated for such Additional Services Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E Consultant Agreement with Chandler Asset Management, Inc. Page 2

in accordance with the amount agreed upon in writing by the Parties. No compensation shall be paid to Consultant for Additional Services which are not specifically approved by City in writing.

4. Consultant’s Proposal. This Agreement shall include Consultant’s proposal or bid which is incorporated herein as Exhibit A. In the event of any inconsistency between the terms of the proposal and this Agreement, this Agreement shall govern.

5. Timing of Performance. Time is of the essence with respect to Consultant’s performance of the Services required by this Agreement. Consultant shall diligently and timely pursue and complete the performance of the Services required of it by this Agreement as set forth in Exhibit A. City, in its sole discretion, may extend the time for performance of any Service.

6. Compensation. Compensation for the Services shall be billed as set forth in Exhibit A, attached hereto. The Compensation is inclusive of all costs that may be incurred by Consultant in performance of the Services, including but not limited to such items as travel, copies, delivery charges, phone charges, and facsimile charges, unless otherwise. In no event shall compensation under this Agreement exceed TWO HUNDRED AND FORTY THOUSAND and 00/00 ($240,000.00) without the prior written authorization of the City Council.

7. Term of Agreement/Termination. This Agreement shall commence on the Effective Date and continue for a period of three (3) years, ending on January 14, 2028, unless previously terminated as provided herein or as otherwise agreed to in writing by the parties. This Agreement may be extended by two [2] additional one [1] year periods upon mutual written agreement of both parties.

A. This Agreement shall be effective as of the date of execution by the City and shall remain in effect until all Services are completed or until terminated as provided for herein.

B. City may terminate this Agreement without cause by providing written notice to Consultant not less than ten days prior to an effective termination date. City’s only obligation in the event of termination will be payment of fees and allowed expenses incurred up to and including the effective date of termination.

C. Unless for cause, Consultant may not terminate this Agreement. If Consultant is terminating this Agreement for cause, it must provide the City with thirty (30) days written notice.

D. Upon receipt of a termination notice, Consultant shall: (1) promptly discontinue all Services, unless the notice directs otherwise; and (2) within ten (10) days, deliver to City all files, data, reports, estimates, summaries, and such other information and materials as may have been accumulated or prepared to date by Consultant in performing the Services under this Agreement, whether completed or in progress.

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Consultant shall provide these documents by both hard copy and in electronic format if available. In the event of termination for other than cause attributable to Consultant, Consultant shall be entitled to reasonable compensation for the Services it performs up to the date of termination and shall be deemed released from liability for any work assigned but not completed as of the effective date of termination.

8. Agreement Administrator. For purposes of this Agreement, City designates Ray Beeman, Director of Administrative Services or designee as the Agreement Administrator who shall monitor Consultant’s performance under this Agreement. Consultant shall be notified in writing of any deficiency in the performance of this Agreement in a timely manner by Agreement Administrator Consultant shall have five (5) business days from receipt of the notification to cure any deficiency to the reasonable satisfaction of the Agreement Administrator. All costs for such corrections shall be borne by Consultant and shall not increase Consultant’s fees due hereunder. Should the Agreement Administrator determine that Consultant has not performed its obligation as stated in this Agreement in a satisfactory manner, City may terminate this Agreement for cause as specified in Section- Term of Agreement/Termination. All notices, invoices or other documents shall be addressed to the Agreement Administrator, as well as all substantive issues relating to this contract. City reserves the right to change this designation upon written notice to Consultant.

9. Invoices and Payments.

A. Payment shall be made upon receipt and approval of invoices for Services rendered. In order for payment to be made, Consultant’s invoice must include an itemization as to the services rendered, date(s) of service, direct and/or subcontract costs, and be submitted on an official letterhead or invoice with Consultant’s name, address, and telephone number referenced.

B. The Agreement Administrator shall review the invoices to determine whether services performed and documents submitted are consistent with this Agreement. Payment shall be made within forty-five (45) days following receipt of the invoice or the Agreement Administrator shall provide Consultant with a written statement objecting to the charges and stating the reasons therefore.

C. Payment by City under this Agreement shall not be deemed a waiver of defects, even if such defects were known to City at the time of payment.

10. Records/Audit.

A. Consultant shall be responsible for ensuring accuracy and propriety of all billings and shall maintain all supporting documentation for a minimum of three (3) years from the completion date of the Services under this agreement the following records:

1. All accounts and records, including personnel, property and financial, adequate to identify and account for all costs pertaining to this Agreement and assure Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E Consultant Agreement with Chandler Asset Management, Inc. Page 4

proper accounting for all funds;

2. Records which establish that Consultant and any subconsultant who renders Services under this Agreement are in full compliance with the requirements of this Agreement and all federal, state and local laws and regulations

3. Any additional records deemed necessary by City to assume verification of full compliance with this Agreement.

B. City shall have the right to audit Consultant’s invoices and all supporting documentation for purposes of compliance with this Agreement for a period of three years following the completion of Services under this Agreement.

C. Upon reasonable notice from City or any other governmental agency, Consultant shall cooperate fully with any audit of its billings conducted by, or of, City and shall permit access to its books, records and accounts as may be necessary to conduct such audits.

11. Successors and Assignment. This Agreement covers professional services of a specific and unique nature. Except as otherwise provided herein, Consultant shall not assign or transfer its interest in this Agreement or subcontract any services to be performed without amending this Agreement. This Agreement shall be binding upon the heirs, executors, administrators, successors and assigns of the parties hereto.

12. Change in Name, Ownership or Control. Consultant shall notify the Agreement Administrator, in writing, of any change in name, ownership or control of Consultant’s firm or subconsultant. Change of ownership or control of Consultant’s firm may require an amendment to the Agreement.

13. Key Personnel. City has relied upon the professional training and ability of Consultant to perform the Services hereunder as a material inducement to enter into this Agreement. Consultant shall provide properly skilled professional and technical personnel to perform all Services under this Agreement. In the event that City, in its sole discretion, at any time during the Agreement, desires the removal of any person or persons assigned by Consultant to perform Services pursuant to this Agreement, Consultant shall remove any such person immediately upon receiving notice from City.

14. Performance By Consultant. Consultant shall maintain or exceed the level of competency presently maintained by other similar practitioners in the State of California, for professional and technical soundness, accuracy and adequacy of all work, advice and material furnished under this Agreement.

15. Use of Materials.

A. City shall make available to Consultant such materials from its files as may be required by Consultant to perform Services under this Agreement. Such materials shall Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E Consultant Agreement with Chandler Asset Management, Inc. Page 5

remain the property of City while in Consultant’s possession. Upon termination of this Agreement and payment of outstanding invoices of Consultant, or completion of work under this Agreement, Consultant shall return to City any property of City in its possession and any calculations, notes, reports, electronic files, or other materials prepared by Consultant in the course of performance of this Agreement.

B. City may utilize any material prepared or work performed by Consultant pursuant to this Agreement, including computer software, in any manner, which City deems proper without additional compensation to Consultant. Consultant shall have no responsibility or liability for any revisions, changes, or corrections made by City, or any use or reuse pursuant to this paragraph unless Consultant accepts such responsibility in writing.

16. Nonuse of Intellectual Property of Third Parties. Consultant shall not use, disclose or copy any intellectual property of any third parties in connection with work carried out under this Agreement, except for intellectual property for which Consultant has a license.

Consultant shall indemnify and hold City harmless against all claims raised against City based upon allegations that Consultant has wrongfully used intellectual property of others in performing work for City, or that City has wrongfully used intellectual property developed by Consultant pursuant to this Agreement.

17. Ownership of Work Product. All documents or other information created, developed, or received by Consultant shall, for purposes of copyright law, be deemed works made for hire for City by Consultant and shall be the sole property of City.

Consultant shall provide City with copies of these items upon demand, and in any event, upon termination of this Agreement.

18. Confidentiality Clause. Consultant acknowledges that some of the material and information that may come into its possession or knowledge in connection with this Agreement or its performance may consist of information that is exempt from disclosure to the public or other unauthorized persons under either state or federal statutes ("Confidential Information"). Confidential Information includes, but is not limited to, names, addresses, Social Security numbers, e-mail addresses, telephone numbers, financial profiles, credit card information, driver's license numbers, medical data, law enforcement records, agency source code or object code, agency security data, or information identifiable to an individual that relates to any of these types of information.

Consultant agrees to hold Confidential Information in strictest confidence and not to make use of Confidential Information for any purpose other than the performance of this Agreement, to release it only to authorized employees or Sub-consultants requiring such information for the purposes of carrying out this Agreement, and not to release, divulge, publish, transfer, sell, disclose, or otherwise make the information known to any other party without City's express written consent or as provided by law. Consultant agrees to release such information or material only to employees or Sub-consultants who have signed a nondisclosure agreement, the terms of which have been previously approved by City. Consultant agrees to implement physical, electronic, and managerial safeguards to prevent unauthorized access to Confidential Information.

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"Personal information" including, but not limited to, "Protected Health Information" (PHI) under Health Insurance Portability And Accountability Act (HIPAA), individuals' names, addresses, phone numbers, birth dates, and social security numbers collected, used, or acquired in connection with this Agreement shall be protected against unauthorized use, disclosure, modification or loss.

HIPAA establishes national minimum standards for the use and disclosure of certain health information. The Consultant must comply with all HIPAA requirements and rules when determined applicable by the City. If City determines that (1) City is a "covered entity" under HIPAA, and that (2) Consultant will perform "business associate" services and activities covered under HIPAA, then at City's request, Consultant agrees to execute City's Agreement in compliance with HIPAA.

Consultant shall ensure its directors, officers, employees, Sub-consultants or agents use personal information solely for the purposes of accomplishing the services set forth herein. Consultant and its Sub-consultants agree not to release, divulge, publish, transfer, sell or otherwise make known to unauthorized persons personal information without the express written consent of the City or as otherwise required by law.

Any breach of this provision may result in termination of the Agreement and demand for return of all personal information. Moreover, Consultant will indemnify and hold the City harmless from and against all losses and damages resulting from any unauthorized or improper disclosure, dissemination or use of the information as a result, in whole or in part, of Consultant’s action or inaction.

19. Legal Requirements.

A. Consultant shall secure and maintain all licenses or permits required by law, including a City business license, and shall comply with all ordinances, laws, orders, rules, and regulations pertaining to the work.

B. Consultant warrants that it shall perform the Services required by this Agreement in compliance with all applicable Federal and California employment laws, including, but not limited to, those laws related to minimum hours and wages; occupational health and safety; fair employment and employment practices; workers’ compensation insurance and safety in employment; and all other Federal, State and local laws and ordinances applicable to the services required under this Agreement. Consultant shall indemnify and hold harmless City from and against all claims, demands, payments, suits, actions, proceedings, and judgments of every nature and description including attorneys’ fees and costs, presented, brought, or recovered against City for, or on account of any liability under any of the above-mentioned laws, which may be incurred by reason of Consultant’s performance under this Agreement.

C. Consultant covenants that there shall be no discrimination based upon race, color, creed, religion, sex, marital status, age, handicap, national origin or ancestry, or Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E Consultant Agreement with Chandler Asset Management, Inc. Page 7

any other category forbidden by law in performance of this Agreement.

20. Conflict of Interest and Reporting.

A. Consultant shall at all times avoid conflicts of interest or the appearance of a conflict of interest in the performance of this Agreement. If required, Consultant shall comply with the City’s Conflict of Interest reporting requirements. Consultant understands that pursuant to Gardena Municipal Code sections 2.24.020H and 2.24.025G, it is forbidden to make any contribution to a candidate or committee of a candidate for a municipal office of the City, or to an officeholder, until the completion of Services to be performed under this Agreement.

B. Consultant and its representatives shall refrain from lobbying City of Gardena officials, employees and representatives for the duration of this Agreement.

21. Guarantee and Warranty. Consultant warrants to City that the material, analysis, data, programs and Services to be delivered or rendered hereunder will be of the kind and quality designated and will be performed by qualified personnel. Without waiver of City’s other rights or remedies, City may require Consultant to re-perform any of said Services, which were not performed in accordance with these standards. Consultant shall perform the remedial Services at its sole expense.

22. Insurance.

A. Commencement of Work. Consultant shall not commence work under this Agreement until it has obtained City approved insurance. Before beginning work hereunder, during the entire period of this Agreement, for any extensions hereto, and for periods after the end of this Agreement as may be indicated below, Consultant must have and maintain in place all of the insurance coverage required in this Section. Consultant’s insurance shall comply with all items specified by this Agreement. Any subcontractors shall be subject to all of the requirements of this Section and Consultant shall be responsible to obtain evidence of insurance from each subcontractor and provide it to City before the subcontractor commences work. Alternatively, Consultant’s insurance may cover all subcontractors.

B. Insurance Company Requirements. All insurance policies used to satisfy the requirements imposed hereunder shall be issued by insurers admitted to do business in the State of California. Insurers shall have a current Best’s rating of not less than A- :VII, unless otherwise approved by City.

C. Coverage, Limits and Policy Requirements. Consultant shall maintain the types of coverage and limits indicated below:

1. Commercial General Liability Insurance - a policy for occurrence coverage for bodily injury, personal injury and property damage, with coverage at least as broad as Insurance Services Office Form CG 00 01, with no special limitations affecting Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E Consultant Agreement with Chandler Asset Management, Inc. Page 8

City. The limit for all coverage under this policy shall be no less than one million dollars ($1,000,000.00) per occurrence.

2. Commercial Auto Liability Insurance - a policy with coverage at least as broad as Insurance Services Office form CA 0001, including Symbol 1 (any auto) with no special limitations affecting City. The limit for bodily injury and property damage liability shall be no less than one million dollars ($1,000,000.00) per accident.

3. Policy Requirements. The policies set forth above shall comply with the following, as evidenced by the policies or endorsements to the policies:

a. The City, its appointed and elected officers, employees, agents and volunteers shall be added as additional insured to the policy.

b. The insurer shall agree to provide City with thirty (30) days prior written notice, return receipt requested, of any cancellation, non-renewal or material change in coverage.

c. For any claims with respect to the Services covered by this Agreement, Consultant’s insurance coverage shall be primary insurance as respects the City, its elected and appointed officers, employees, agents and volunteers. Any insurance or self-insurance maintained by the City, its elected and appointed officers, employees, agents and volunteers shall be excess of Consultant’s insurance and shall not contribute with it.

4. Worker’s Compensation and Employer’s Liability Insurance - a policy which meets all statutory benefit requirements of the Labor Code, or other applicable law, of the State of California. The minimum coverage limits for said insurance shall be no less than one million dollars per claim. The policy shall be issued by an insurance company which is admitted to do business in the State of California and shall contain a clause that the policy may not be canceled without thirty (30) days prior written notice, return receipt requested, is mailed to City.

5. Professional Errors & Omissions - a policy with minimum limits of one million dollars ($1,000,000.00) per claim and aggregate. This policy shall be issued by an insurance company which is admitted to do business in the State of California and Consultant shall contain a clause that the policy may not be canceled until thirty (30) days written notice, return receipt requested, is mailed to City.

D. Additional Requirements. The procuring of such required policies of insurance shall not be construed to limit Consultant’s liability hereunder or to fulfill the indemnification provisions and requirements of this Agreement. There shall be no recourse against City for payment of premiums or other amounts with respect thereto.

City shall notify Consultant in writing of changes in the insurance requirements. If Consultant does not deposit copies of acceptable insurance policies or endorsements with City incorporating such changes within sixty (60) days of receipt of such notice, Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E Consultant Agreement with Chandler Asset Management, Inc. Page 9

Consultant shall be deemed in default hereunder.

E. Deductibles. Any deductible or self-insured retention over $25,000 per occurrence must be declared to and approved by City. Any deductible exceeding an amount acceptable to City shall be subject to the following changes: either the insurer shall eliminate or reduce such deductibles or self-insured retentions with respect to City, its officers, employees, agents and volunteers (with additional premium, if any, to be paid by Consultant); or Consultant shall provide satisfactory financial guarantee for payment of losses and related investigations, claim administration and defense expenses.

F. Verification of Compliance. Consultant shall furnish City with original policies or certificates and endorsements effecting coverage required by this Agreement.

The endorsements are to be signed by a person authorized by the insurer to bind coverage on its behalf. All endorsements are to be received and approved by City before work commences. Not less than fifteen (15) days prior to the expiration date of any policy of insurance required by this Agreement, Consultant shall deliver to City a binder or certificate of insurance with respect to each renewal policy, bearing a notation evidencing payment of the premium therefore, or accompanied by other proof of payment satisfactory to City. Consultant shall provide full copies of any requested policies to City within three (3) days of any such request by City.

G. Termination for Lack of Required Coverage. If Consultant, for any reason, fails to have in place, at all times during the term of this Agreement, including any extension hereto, all required insurance and coverage, City may immediately obtain such coverage at Consultant’s expense and/or terminate this Agreement.

23. Indemnity.

A. Consultant assumes all risk of injury to its employees, agents, and contractors, including loss or damage to property.

B. Consultant agrees to defend, indemnify, hold free and harmless the City, its elected officials, officers, agents, employees and volunteers, at Consultant’s sole expense, from and against any and all claims, actions, suits or other legal proceedings brought against the City, its elected officials, officers, agents, employees and volunteers arising out of the performance of the Consultant, its employees, and/or authorized subcontractors, of the work undertaken pursuant to this Agreement. The defense obligation provided for hereunder shall apply without any advance showing of negligence or wrongdoing by the Consultant, its employees, and/or authorized subcontractors, but shall be required whenever any claim, action, complaint, or suit asserts as its basis the negligence, errors, omissions or misconduct of the Consultant, its employees, and/or authorized subcontractors, and/or whenever any claim, action, complaint or suit asserts liability against the City, its elected officials, officers, agents, employees and volunteers based upon the work performed by the Consultant, its employees, and/or authorized subcontractors under this Agreement, whether or not the Consultant, its employees, and/or authorized subcontractors are specifically named or otherwise asserted to be Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E Consultant Agreement with Chandler Asset Management, Inc. Page 10

liable. Notwithstanding the foregoing, the Consultant shall not be liable for the defense or indemnification of the City for claims, actions, complaints or suits arising out of the sole negligence or willful misconduct of the City. This provision shall supersede and replace all other indemnity provisions contained either in the City’s specifications or Consultant’s Proposal, which shall be of no force and effect.

C. No official, employee, agent or volunteer of City shall be personally liable for any default or liability under this Agreement.

24. Independent Contractor. Consultant agrees to furnish consulting services in the capacity of an independent contractor and neither Consultant nor any of its employees shall be considered to be an employee or agent of City.

25. PERS Eligibility Indemnification. In the event that Consultant or any employee, agent, or subcontractor of Consultant providing Services under this Agreement claims or is determined by a court of competent jurisdiction or the California Public Employees Retirement System (PERS) to be eligible for enrollment in PERS as an employee of the City, Consultant shall indemnify, defend, and hold harmless City for the payment of any employee and/or employer contributions for PERS benefits on behalf of Consultant or its employees, agents, or subcontractors, as well as for the payment of any penalties and interest on such contributions, which would otherwise be the responsibility of City.

Notwithstanding any other agency, state or federal policy, rule, regulation, law or ordinance to the contrary, Consultant and any of its employees, agents, and subcontractors providing service under this Agreement shall not qualify for or become entitled to, and hereby agree to waive any claims to, any compensation, benefit, or any incident of employment by City, including but not limited to eligibility to enroll in PERS as an employee of City and entitlement to any contribution to be paid by City for employer contribution and/or employee contributions for PERS benefits.

26. Notices. Any notice or communication given under this Agreement shall be effective when deposited, postage prepaid, with the United States Postal Service and addressed to the contracting parties. Name, address, telephone and facsimile numbers of the parties are as follows:

City of Gardena:
1700 West 162nd Street
Gardena, California 90247-3732
Attn: Ray Beeman
Title: Director of Administrative Services
Email: [email protected]
Telephone: (310) 217-9502

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To Consultant: Chandler Asset Management, Inc.
9255 Towne Centre Drive, Suite 600
San Diego, CA 92121
Attn: Nicole Dragoo
Email: [email protected]
Telephone: (800) 317-4747

Either party may change the information to which notice or communication is to be sent by providing advance written notice to the other party.

27. Severability. If any provision of this Agreement shall be held illegal, invalid, or unenforceable, in whole or in part, such provision shall be modified to the minimum extent necessary to make it legal, valid, and enforceable, and the legality, validity, and enforceability of the remaining provisions shall not be affected thereby.

28. Jurisdiction and Venue. This Agreement shall be deemed a contract under the laws of the State of California and for all purposes shall be interpreted in accordance with such laws. Both parties hereby agree and consent to the exclusive jurisdiction of the courts of the State of California and that the venue of any action brought hereunder shall be Los Angeles County, California.

29. Waiver. No delay or failure by either Party to exercise or enforce at any time any right or provision of this Agreement shall be considered a waiver thereof or of such Party’s right thereafter to exercise or enforce each and every right and provision of this Agreement. To be valid a waiver shall be in writing but need not be supported by consideration. No single waiver shall constitute a continuing or subsequent waiver.

30. Electronic Signatures. The parties hereby acknowledge and agree that electronic records and electronic signatures, as well as facsimile signatures, used in connection with the execution of this Agreement and electronic signatures, facsimile signatures or signatures transmitted by electronic mail in so-called pdf format shall be legal and binding and shall have the same full force and effect as if a paper original of this Agreement had been delivered and had been signed using a handwritten signature.

City and Consultant (i) agree that an electronic signature, whether digital or encrypted, of a party to this Agreement is intended to authenticate this writing and to have the same force and effect as a manual signature, (ii) intend to be bound by the signatures (whether original, faxed or electronic) on any document sent or delivered by facsimile or, electronic mail, or other electronic means, (iii) are aware that the other party will reply on such signatures, and (iv) hereby waive any defenses to the enforcement of the terms of this Agreement based on the foregoing forms of signature. If this Agreement has been executed by electronic signature, all parties executing this document are expressly consenting under the United States Federal Electronic Signatures in Global and National Commerce Act of 2000 ("E-SIGN") and California Uniform Electronic Transactions Act ("UETA")(Cal. Civ. Code § 1633.1, et seq.), that a signature by fax, email or other electronic means shall constitute an Electronic Signature to an Electronic Record under both E-SIGN and UETA with respect to this specific transaction.

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31. Joint Drafting. Each party acknowledges that it has had an adequate opportunity to review each and every provision in this Agreement and to submit the same to counsel and other consultants for review and comment and that the parties jointly drafted this Agreement. No provision of this Agreement or any Assignment shall be construed more strictly against one party than the other party by reason that one or the other party proposed, drafted or modified such provision or any other existing or proposed provision.

32. Public Records Act Disclosure. Consultant has been advised and is aware that this Agreement and all reports, documents, information and data, including, but not limited to, computer tapes, discs or files furnished or prepared by Consultant, or any of its subcontractors, pursuant to this Agreement and provided to City may be subject to public disclosure as required by the California Public Records Act (California Government Code section 7920.000 et seq.). Exceptions to public disclosure may be those documents or information that qualify as trade secrets, as that term is defined in the California Government Code section 7924.510, and of which Consultant informs City of such trade secret. The City will endeavor to maintain as confidential all information obtained by it that is designated as a trade secret. The City shall not, in any way, be liable or responsible for the disclosure of any trade secret including, without limitation, those records so marked if disclosure is deemed to be required by law or by order of the Court.

33. City Representative. In its capacity as investment manager, Consultant shall receive all instructions, directions and other communications on City's behalf respecting City's account from Ray Beeman, Director of Administrative Services (Representative).

Consultant is hereby authorized to rely and act upon all such instructions, directions and communications from such Representative or any agent of such Representative.

34. Investment Policy. In investing and reinvesting City’s assets, Consultant shall comply with City’s Investment Policy, which is attached hereto as Exhibit B.

35. Authority of Consultant. Consultant is hereby granted full discretion to invest and reinvest all assets under its management in any type of security it deems appropriate, subject to the instructions given or guidelines set by Representative.

36. Electronic Delivery. From time to time, Consultant may be required to deliver certain documents to City such as account information, notices and required disclosures.

City hereby consents to Consultant’s use of electronic means, such as email, to make such delivery. This delivery may include notification of the availability of such document(s) on a website, and City agrees that such notification will constitute “delivery”.

City further agrees to provide Consultant with City’s email address(s) and to keep this information current at all times by promptly notifying Consultant of any change in email address(s).

City email address(s): [email protected]__________________________

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37. Proxy Voting. Consultant will vote proxies on behalf of City unless otherwise instructed. Consultant has adopted and implemented written policies and procedures and will provide City with a description of the proxy voting procedures upon request. Consultant will provide information regarding how City’s proxies were voted upon request. To request proxy policies or other information, please contact us by mail at the address provided, by calling 800-317-4747 or by emailing your request to [email protected].

38. Custody of Securities and Funds. Consultant shall not have custody or possession of the funds or securities that City has placed under its management. City shall appoint a custodian to take and have possession of its assets. City recognizes the importance of comparing statements received from the appointed custodian to statements received from Consultant. City recognizes that the fees expressed above do not include fees City will incur for custodial services.

39. Valuation. Consultant will value securities held in portfolios managed by Consultant no less than monthly. Securities or investments in the portfolio will be valued in a manner determined in good faith by Consultant to reflect fair market value.

40. Investment Advice. City recognizes that the opinions, recommendations and actions of Consultant will be based on information deemed by it to be reliable, but not guaranteed to or by it. Provided that Consultant acts in good faith, City agrees that Consultant will not in any way be liable for any error in judgment or for any act or omission, except as may otherwise be provided for under the Federal Securities laws or other applicable laws.

41. Payment of Commissions. Consultant may place buy and sell orders with or through such brokers or dealers as it may select. It is the policy and practice of Consultant to strive for the best price and execution and for commission and discounts which are competitive in relation to the value of the transaction and which comply with Section 28(e) of the Securities and Exchange Act. Nevertheless, it is understood that Consultant may pay a commission on transactions in excess of the amount another broker or dealer may charge, and that Consultant makes no warranty or representation regarding commissions paid on transactions hereunder.

42. Other Clients. It is further understood that Consultant may be acting in a similar capacity for other institutional and individual clients, and that investments and reinvestments for City's portfolio may differ from those made or recommended with respect to other accounts and clients even though the investment objectives may be the same or similar. Accordingly, it is agreed that Consultant will have no obligation to purchase or sell for City's account any securities which it may purchase or sell for other clients.

43. Confidential Relationship. The terms and conditions of this Agreement, and all information and advice furnished by either party to the other shall be treated as confidential and shall not be disclosed to third parties except (i) as required by law, rule, Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E Consultant Agreement with Chandler Asset Management, Inc. Page 14

or regulation, (ii) as requested by a regulatory authority, (iii) for disclosures by either party of information that has become public by means other than wrongful conduct by such party or its officers, employees, or other personnel, (iv) for disclosures by either party to its legal counsel, accountants, or other professional advisers, (v) as necessary for Consultant to carry out its responsibilities hereunder, or (vi) as otherwise expressly agreed by the parties.

44. Receipt of Brochure and Privacy Policy. City hereby acknowledges receipt of the disclosure statement or "brochure" and “brochure supplement” also known as Part 2A and Part 2B of Form ADV, required to be delivered pursuant to Rule 204-3 of the Investment Advisers Act of 1940 (Brochure). City further acknowledges receipt of Consultant’s Privacy Policy, as required by Regulation S-P.

45. Authority to Execute. The persons executing this Agreement on behalf of the parties warrant that they are duly authorized to execute this Agreement.

46. Attorney’s Fees. In the event that legal action is necessary to enforce the provisions of this Agreement, or to declare the rights of the parties hereunder, the parties agree that the prevailing party in the legal action shall be entitled to recover attorney’s fees and court costs from the opposing party.

47. Section Headings. The Section headings used in this Agreement are for reference purposes only and shall have no binding effect.

48. Entire Agreement. This Agreement contains the entire understanding between City and Consultant. Any prior agreement, promises, negotiations or representations not expressly set forth herein are of no force or effect. Subsequent modifications to this Agreement shall be effective only if in writing and signed by both parties. This Agreement may be signed by the parties hereto in separate counterparts, including both counterparts that are executed on paper and counterparts that are in the form of electronic signatures.

Electronic signatures include facsimile or email electronic signatures. Each executed counterpart shall be deemed an original. All counterparts, taken together, constitute the executed Agreement.

Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E Consultant Agreement with Chandler Asset Management, Inc. Page 15

IN WITNESS WHEREOF, the parties have hereunto affixed their names as of the day and year written below.

“City” “Consultant”
City of Gardena Chandler Asset Management, Inc.

By: _______________________ By: _______________________________ Tash Cerda, Mayor Nicole Dragoo, Chief Executive Officer Date: _______________ Date: __________________
By: _______________________________
Martin Cassell, Chief Financial Officer

Date: __________________

ATTEST:

Mina Semenza, City Clerk

APPROVED AS TO FORM:

Carmen Vasquez, City Attorney
01/07/2025
01/07/2025
Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

CHANDLER ASSET MANAGEMENT, INC.
9255 Towne Centre Drive, Suite 600
San Diego, CA 92121
Direct: 858-546-3741, Toll free: 800-317-4747
[email protected] | chandlerasset.com
Request for Quote for:

City
of Gardena

INVESTMENT MANAGEMENT SERVICES
DUE: November 22, 2024

EXHIBIT A
Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

Summary of Qualifications and Proposal for Continued Investment Management Services
City of Gardena

TABLE OF CONTENTS
Chandler Asset Management, Inc. .............................................................................................. 1 Scope of Services ....................................................................................................................... 1 Firm Background ......................................................................................................................... 3 Key Personnel............................................................................................................................. 4 Proposed Fees............................................................................................................................ 5

APPENDICES
Appendix A Recent Client Monthly Statement and Quarterly Report Appendix B Professional Biographies
Appendix C Important Disclosures

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Chandler Asset Management, Inc.

Chandler Asset Management, Inc. (Chandler or the Firm) is an SEC Registered Investment Adviser focus ed on the
management of high-quality fixed income portfolios for
public agencies that share common objectives of safety 1, liquidity, and investment return s. Since 2018, we have been honored to be stewards of the principal the City of Gardena (City) has entrusted to us, and for more than three decades we have performed our fiduciary duty for all clients with discipline and care . O ur risk control practices and
relationship-based approach have contributed to our Fi rm’s growth; we managed $36.2 billion in assets as of June 30 , 2024, including $12.1 billion for California cities.

The Advantages of Working with Chandler
• Our team is familiar with the City, your team and your portfolio. As the City’s investment adviser for the last 6 years, Chandler has given City staff direct access to lead portfolio managers, senior investment professionals , and the backup investment management team responsible for making decisions for their portfolio. You r tenured team will remain the same, so your portfolio manager already has a deep understanding of your investment portfolio and where it fits in with the City’s overall financial structure and future objectives.
• We are experienced. Chandler has assisted local governments in fulfilling their fiduciary duty to their constituents since 1988. The depth of our experience and expertise combined with our consistent, repeatable investment process has helped us build a strong reputation, and we are immensely proud of our 93% five-year client retention rate (as of June 30, 2024). Chandler is excited for the opportunity to continue providing the City with comprehensive investment management services. • We are your neighbors. We are headquartered in San Diego, CA, where our services for the City are coordinated, so we understand the unique local nuances of your investment program. • We are results oriented. Our repeatable, disciplined investment process helps us identify when to alter our asset allocation to be either more or less conservative and to identify an appropriate term structure based on the current shape of the yield curve. This approach has served the City well over the last six years through various marketing cycles, including during the post -pandemic era in 2021 and 2022. Most recently, Chandler’s investment guidance helped the City realize $2.2M in additional interest income that is being used to offset lower than anticipated revenue and higher costs , based on the City’s Quarterly Investment Report dated S eptember 30, 2024 and as discussed during our most recent portfolio review2.

Scope of Services
Chandler is pleased to continue offering the City the following services:
• Comprehensive Investment Management. Chandler will continue to provide full -time investment management services for the City as a fiduciary , working with the City’s financial staff to monitor investment opportunities and evaluate investments in the portfolio within the scope of a comprehensive strategy aimed at safety, meeting liquidity needs, and enhancing return.

1While our conservative investment approach promotes safety, investing in securities carries varying degrees of risk and we cannot guarantee safety of principal.
2 Past performance is not indicative of future results.

Chandler Client Types and Firm AUM
As of June 30, 2024
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• Investment Policy Review. We will continue to perform formal reviews of the City’s investment policy annually to incorporate the latest changes to California Government Code, as well as your objectives and cash flow needs that may change over time.
• Compliance Monitoring. We will continue to monitor your portfolio to gauge compliance with your investment policy, state law and any additional directives. • Provide Credit Analysis of Investment Instruments in Portfolio. Chandler’s rigorous process for reviewing credit securities considered for inclusion in clients’ portfolios is designed to identify stable and improving credits and detect weak or deteriorating credits. Our team pays c lose attention to security issuers, with reviews taking place frequently . Chandler’s Credit Committee conducts fundamental macroeconomic, industry -wide, and issuer -specific analysis , resulting in the development and maintenance of an approved issuer list of securities. We will continue to keep staff apprised of changes in market conditions or significant developments in the City’s portfolio. • Reconciliation with Custodian Records and Settlement. Chandler’s operations platform includes daily reconciliations of cash balances and positions in all accounts . We invest in tools and technology to support the portfolio management process and simplify investment reporting and compliance. • Portfolio Accounting and Reporting . We generate monthly report s that include a management summary of portfolio characteristics and performance, as well as full accounting details. Monthly reports are available the first week following month-end. You will also continue to receive a quarterly report designed to facilitate discussion between our investment professionals and the City’s staff. In addition to the monthly and quarterly reports, we will make available reports that satisfy GASB 40 and 72 requirements to facilitate the City’s year-end reporting.

Reports are prepared in accordance with state law and the Governmental Accounting Standards Board (GASB) and compiled to meet your specific needs. Performance for your portfolio is calculated and reported in compliance with the CFA Institute’s Global Investment Performance Standards (GIPS ®).
• Match Portfolio Structure to Objectives. We encourage ongoing discussions with your staff so that the investment strategy remains consistent with your understood goals and objectives yet flexible enough to propose innovative solutions as your needs evolve. As our practice has been , we will frequently consult with your staff on how to expose the investment portfolio to the broadest opportunity set providing the potential for enhanced return, while bearing in mind safety of principal and access to cash.
• Broker-Dealer Due Diligence. The Investment Management Team maintains an active, productive relationship with the broker- dealer community to promote an ongoing flow of market information and to execute trades for our clients at competitive prices. This advantage provides clients like the City with market access that they would not be able to achieve on their own. We review the credentials and regulatory background of each broker -dealer Firm and their employees with whom we trade using FINRA’s online BrokerCheck System.
• Best Execution, Settlement, and Documentation. Chandler executes approved securities transactions on a transparent and highly competitive basis, in accordance with our commitment to best execution, and documents the quotes received. All trades will be settled at the third-party custodian bank using delivery-versus-payment (DVP) procedures.
• Meetings with Staff and Finance Committee. Chandler meets with City Staff on a regular basis and presents quarterly updates to the City’s Finance Committee in person at City Hall. We will continue to attend these meetings and provide economic updates, portfolio results and address any questions City Staff or the Investment Committee may have.

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• Serve as a General Resource for Staff . We will continue to keep you informed of investment strategies, market conditions and developments that could impact you from a risk, opportunity, operational and/or statutory perspective and conduct portfolio reviews quarterly. Our investment professionals are also available to you by phone and email during business hours.

Firm Background
Kay Chandler founded our Firm in 1988 based on her experience serving as an Investment Officer for the County of San Diego for eight years and the City of San Diego for another two years. After three decades, Chandler remains committed to our principles of conservative fixed income management and continues to evolve in response to our clients’ needs and the public investment climate. We implement investment strategies that meet each client’s risk and return requirements, provide comprehensive investment reporting to save staff time, and conduct education and training for staff enrichment. The result is an investment approach grounded in risk management that is customiz ed to each of our client’s specific objectives and constraints and has resulted in successful investment programs for the City and other entities similar in size and scope3.

One of the Firm’s guiding principles is participation in the development of best practices in the management of public funds. Our investment and client service professionals are active participants and sponsors of national and regional associations that shape our industry, including the Government Finance Officers Association (GFOA), the Association of California Water Agencies (ACWA), the California Society of Municipal Finance Officers (CSMFO), the California Municipal Treasurers Association (CMTA), the California De bt and Investment Advisory Commission (CDIAC), and the CFA Institute. We are often involved in drafting investment legislation and recommending best practices on a state and national level, providing guidance on safe and effective practices for the management of public funds.

List of Representative Institutional Relationships in Southern California as of June 30, 2024 Cities

• Alameda, CA
• American Canyon, CA
• Arcata, CA
• Atwater, CA
• Banning, CA
• Bell, CA
• Beverly Hills, CA
• Brea, CA
• Buena Park, CA
• Camarillo, CA
• Chino Hills, CA
• Chula Vista, CA
• Corona, CA
• Costa Mesa, CA
• Cupertino, CA
• Danville, CA
• Desert Hot Springs, CA
• Dublin, CA
• Elk Grove, CA
• El Monte, CA

3 Past performance is not indicative of future results. • Emeryville, CA
• Fairfield, CA
• Fountain Valley, CA
• Gardena, CA
• Imperial Beach, CA
• Indio, CA
• La Habra, CA
• Lake Forest, CA
• La Mirada, CA
• Menifee, CA
• Merced, CA
• Milpitas, CA
• Mission Viejo, CA
• Monterey, CA
• Moreno Valley, CA
• Mountain View, CA
• Murrieta, CA
• National City, CA
• Newport Beach, CA
• Oceanside, CA
• Orange, CA
• Orinda, CA
• Palm Springs, CA
• Perris, CA
• Pico Rivera, CA
• Pleasant Hill, CA
• Pomona, CA
• Port Hueneme
• Riverside, CA
• Rohnert Park, CA
• Salinas, CA
• San Clemente, CA
• San Jacinto, CA
• San Juan Capistrano, CA
• San Leandro, CA
• San Marcos, CA
• San Mateo, CA
• Santa Paula, CA
• Solana Beach, CA
• So. San Francisco, CA
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• Stanton, CA
• Stockton, CA
• Sunnyvale, CA
• Tracy, CA
• Tustin, CA
• Vallejo, CA
• West Sacramento, CA
• Westminster, CA
• Yucca Valley, CA

Counties

• Alpine, CA
• Amador, CA
• Calaveras, CA
• Lake, CA
• Mendocino, CA
• Modoc, CA
• San Benito, CA
• San Diego, CA*
• Santa Clara, CA
• Sierra, CA
• Ventura County, CA*

Special Districts and JPAs

• Alameda Corridor Transportation Authority, CA
• Alameda County Water District, CA
• Authority for CA Cities Excess Liability, CA
• Bay Cities Joint Powers Insurance Authority, CA
• Beaumont-Cherry Valley Water District, CA
• Big Independent Cities Excess Pool, CA
• Calaveras County Water District, CA
• California County Superintendents, CA
• California Earthquake Authority, CA
• California Insurance Pool Authority, CA
• California Intergovernmental Risk Authority, CA
• California Joint Powers RMA, CA
• Coachella Valley Water District, CA
• Elsinore Valley Water District, CA
• First 5 Alameda County, CA
• First 5 Santa Clara County, CA
• Golden State Risk Management Authority, CA
• LA County Metropolitan Transportation Auth.
• Mammoth Community Water District, CA
• Marin Clean Energy, CA
• Marin Schools Insurance Authority, CA
• Monterey Bay Area Self Insurance Authority, CA
• Moulton Niguel Water District, CA
• Northern California Cities Self Insurance, CA
• Orange County Transportation Authority, CA
• Peninsula Clean Energy, CA
• Petaluma Health Care District, CA
• PRISM ARC, CA
• Rancho California Water District, CA
• Redwood Empire Municipal Insurance Fund
• San Bernardino Municipal Water District, CA
• San Diego County Regional Airport Authority
• San Diego County Water Authority, CA
• Santa Clara Valley Water Agency, CA
• San Mateo County Schools Insurance Group
• San Ramon Valley Fire Protection District, CA
• Small Cities Organized Risk Effort, CA
• School Insurance Program for Employees, CA
• South Coast Water District, CA
• Temescal Valley Water District, CA
• Transportation Corridor Agencies, CA
• Upper San Gabriel Vlly Muni Water District, CA
• Vallejo Flood and Wastewater District, CA
• Walnut Valley Water District, CA
• West Basin Municipal Water District, CA
• West Valley Water District, CA
• Western Municipal Water District, CA
Sample listing of the Firm’s California agency clients as of 6/30/2024 shown in alphabetical order. This list includes discre tionary and non- discretionary clients that have given permission to be listed. It is not known whether the listed clients approve o r disapprove of Chandler Asset Management or the services provided. *Denotes consulting relationship only . Clients in bold represent Southern California-based entities.

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Key Personnel
The City will benefit from continuity with our engagement, which will continue to be managed by a tenured team of senior investment management and client service professionals and supported by other members of Chandler’s investment management, client service, operations, compliance, and administrative teams.

Full professional biographies are provided in the Appendix.

Contact Name and Title Role in Engagement Education
Investment Management
A
layne Sampson, CTP
Senior Portfolio Strategist
Primary Investment Contact
• Provides guidance on portfolio strategies
• Performs credit analysis
• Member of Credit Committee
B
.A. Women’s Studies, Cornell
University
Se
ries 65 License
C
ertified Treasury Professional
(CTP®)
Industry Tenure: 22 years | Firm Tenure: 2 years
Jayson Schmitt, CFA
Co-Chief Investment Officer
Backup Investment Contact
• Co-leads the Investment Management Team
• Implements investment strategies
• Performs credit analysis
• Co-Chair of Quantitative Analysis Committee and
Multi-Asset Class Committee and member of
Economic and Market Analysis Committee
B.A. Business Economics, San
Diego State University
C
harted Financial Analyst
(CFA)
Industry Tenure: 30 years | Firm Tenure: 29 years
Engagement Management & Client Service
Mia Corral Brown
Regional Director
Key Engagement Lead
• Assists with onboarding process
• Oversees client communication
• Coordinates project deliverables
B
.A. Communications, San
Diego State University
Industry Tenure: 27 years | Firm Tenure: 20 years
S
tacey Alderson, CTP
Client Service Director
Client Service Contact
• Liaison between clients and Investment
Management team
• Ensures timely client communication
• Schedules training and education
B. B.A. Accounting,
University of Montevallo
C
ertified Treasury Professional
(CTP®)
Industry Tenure: 25 years | Firm Tenure: 9 years
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Proposed Fees
In consideration of our longstanding relationship, Chandler has elected to hold pricing and will extend our existing fee schedule for the next contract period, as illustrated below:

Proposed Fee Schedule for the City
AUM Annual Asset Management Fee
First $25 million 0.10 of 1% (10 basis points)
Next $25 million 0.08 of 1% (8 basis points)
Over $50 million 0.07 of 1% (7 basis points)
Since the F irm calculates fees based on the average balance of assets under our direct management (market value including accrued interest), fees in dollars will fluctuate (higher or lower) based on the actual portfolio value . Chandler charges fees monthly in arrears , and they can be debited directly from your third-party custody account. We do not charge fees on funds held in vehicles not directly under our management, including Local Government Investment Pools.

Our proposed fee schedule remains all- inclusive for the services that Chandler provides, including technological resources, onboarding and implementation, online access to our client portal, reporting of funds management by our Firm , meetings, and educational offerings for your staff, as well as the investment management and treasury management support services described herein in Chandler’s proposal. We do charge 1 bps (0.01 of 1%) to report on funds that are not directly under our management.

Our fee schedule does not include charges that the City would incur for third party custodial services, as we are not a provider of those services.

Our entire team looks forward to the opportunity to continue to be of service to the finance staff at City of Gardena. If you have any questions, or if we can be of further assistance, please contact Mia Corral Brown, Regional Director at 858-546-3737 or by email at [email protected] Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E Chandler Asset Management
Appendices
Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E Appendix A
Recent Reports for the City
Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

MONTHLY ACCOUNT STATEMENT
City of Gardena | Account #10645 | As of October 31, 2024 CHANDLER ASSET MANAGEMENT | chandlerasset.com
Information contained herein is confidential. We urge you to compare this statement to the one you receive from your qualified custodian. Please see Important Disclosures at the end of the statement.

Chandler Team:

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

PORTFOLIO SUMMARY
Portfolio Characteristics
Sector Allocation
Performance Review
Account Summary
Maturity Distribution
Top Issuers
Credit Quality
Total Rate of Return 1M 3M YTD 1YR 2YRS 3YRS 5YRS 10YRS Since Inception (01/01/19)
City of Gardena (0.57%) 1.09% 3.83% 6.29% 4.87% 1.79% 1.71% -- 2.11% Benchmark Return* (0.58%) 1.11% 3.54% 5.76% 4.33% 1.24% 1.33% -- 1.71% Average Modified Duration 1.82
Average Coupon 3.40%
Average Purchase YTM 3.72%
Average Market YTM 4.39%
Average Quality AA
Average Final Maturity 2.15
Average Life 1.87
Beg. Values as of
10/01/2024
End Values as of
10/31/2024
Market Value 33,199,668.68 32,985,328.95
Accrued Interest 220,582.78 245,483.76
Total Market Value 33,420,251.46 33,230,812.71
Income Earned 114,170.41 103,302.82
Cont/WD 0.00 0.00
Par 33,248,336.38 33,317,293.81
Book Value 33,050,093.47 33,128,558.10
Cost Value 32,960,400.84 33,044,975.40
United States 37.02%
FHLMC 9.80%
Farm Credit System 7.87%
Federal Home Loan Banks 3.96%
International Bank for Recon and Dev 2.92%
John Deere Owner Trust 2.00%
American Express Credit Master Trust 1.98%
Royal Bank of Canada 1.97%
*Periods over 1 year are annualized.

Benchmark: ICE BofA 1-3 Year US Treasury & Agency Index Secondary Benchmark:
*See Footnote
The credit quality is a weighted average calculation of the highest of S&P , Moody’s’ and Fitch Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E CONFIDENTIAL | 3
City of Gardena | Account #10645 | As of October 31, 2024 Execution Time: 11/04/2024 04:40:51 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes

AGENCY MORTGAGE SECURITIES (CMOS)
Max % (MV) 100.0 9.8 Compliant
Max % Issuer (MV) 25.0 9.8 Compliant
Max Maturity (Years) 5.0 4.0 Compliant

ASSET-BACKED SECURITIES (ABS)
Max % (MV) 20.0 9.6 Compliant
Max % Issuer (MV) 5.0 1.6 Compliant
Max Maturity (Years) 5.0 4.8 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant

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

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

COLLATERALIZED TIME DEPOSITS (NON-NEGOTIABLE
CD/TD)
Max % (MV) 20.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant

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

CORPORATE MEDIUM TERM NOTES
Max % (MV) 30.0 27.3 Compliant
Max % Issuer (MV) 5.0 2.0 Compliant
Max Maturity (Years) 5 4 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

FDIC INSURED TIME DEPOSITS (NON-NEGOTIABLE CD/
TD)
Max % (MV) 20.0 0.0 Compliant
Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E CONFIDENTIAL | 4
City of Gardena | Account #10645 | As of October 31, 2024 Execution Time: 11/04/2024 04:40:51 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes
Max % Issuer (MV) 5.0 0.0 Compliant

FEDERAL AGENCIES
Max % (MV) 100.0 12.9 Compliant
Max % Issuer (MV) 25.0 7.9 Compliant
Max Callables (MV) 20.0 0.0 Compliant
Max Maturity (Years) 5 4 Compliant

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

LOCAL GOVERNMENT INVESTMENT POOL (LGIP)
Max % (MV) 100.0 0.0 Compliant

MONEY MARKET MUTUAL FUNDS
Max % (MV) 20.0 0.5 Compliant
Max % Issuer (MV) 20.0 0.5 Compliant
Min Rating (AAA by 2) 0.0 0.0 Compliant

MORTGAGE-BACKED SECURITIES, CMOS (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) 30.0 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

MUNICIPAL SECURITIES (CA, OTHER STATES)
Max % (MV) 30.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Years) 5 0.0 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

MUTUAL FUNDS
Max % (MV) 20.0 0.0 Compliant
Max % Issuer (MV) 10.0 0.0 Compliant
Min Rating (AAA by 2) 0.0 0.0 Compliant

STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes
Max % (MV) 30.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Years) 5 0.0 Compliant
Min Rating (A-1 by 1 or A- by 1 if > FDIC Limit) 0.0 0.0 Compliant

SUPRANATIONAL OBLIGATIONS
Max % (MV) 30.0 2.9 Compliant
Max % Issuer (MV) 10.0 2.9 Compliant
Max Maturity (Years) 5 4 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant
U.S. TREASURIES
Max % (MV) 100.0 37.0 Compliant
Max Maturity (Years) 5 4 Compliant
Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E CONFIDENTIAL | 6
City of Gardena | Account #10645 | As of October 31, 2024 Execution Time: 11/04/2024 04:40:51 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

RECONCILIATION SUMMARY
Accrual Activity Summary
Fair Market Activity Summary
Month to Date Fiscal Year to Date
(07/01/2024)
Beginning Book Value 33,050,093.47 32,775,153.04
Maturities/Calls (1,060,000.00) (3,635,000.00)
Principal Paydowns (77,605.63) (304,480.30)
Purchases 2,179,492.64 7,882,535.47
Sales (973,815.78) (3,635,289.06)
Change in Cash, Payables, Receivables 62.81 (10,091.02) Amortization/Accretion 10,330.61 55,729.97
Realized Gain (Loss) (0.02) 0.01
Ending Book Value 33,128,558.10 33,128,558.10
Month to Date Fiscal Year to Date
(07/01/2024)
Beginning Market Value 33,199,668.68 32,305,094.49
Maturities/Calls (1,060,000.00) (3,635,000.00)
Principal Paydowns (77,605.63) (304,480.30)
Purchases 2,179,492.64 7,882,535.47
Sales (973,815.78) (3,635,289.06)
Change in Cash, Payables, Receivables 62.81 (10,091.02) Amortization/Accretion 10,330.61 55,729.97
Change in Net Unrealized Gain (Loss) (292,804.36) 326,829.40 Realized Gain (Loss) (0.02) 0.01
Ending Market Value 32,985,328.95 32,985,328.95
Maturities / Calls
Month to Date (1,060,000.00)
Fiscal Year to Date (3,635,000.00)
Principal Paydowns
Month to Date (77,605.63)
Fiscal Year to Date (304,480.30)
Purchases
Month to Date 2,179,492.64
Fiscal Year to Date 7,882,535.47
Sales
Month to Date (973,815.78)
Fiscal Year to Date (3,635,289.06)
Interest Received
Month to Date 68,804.56
Fiscal Year to Date 328,630.16
Purchased / Sold Interest
Month to Date (733.33)
Fiscal Year to Date (20,864.05)
Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E CONFIDENTIAL | 7
City of Gardena | Account #10645 | As of October 31, 2024 Execution Time: 11/04/2024 04:40:51 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

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

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
ABS
05593AAC3 BMWLT 2023-1 A3 5.16
11/25/2025 19,568.28 02/07/2023

5.43%
19,567.82
19,568.11
100.06

4.93%
19,579.67

16.83 0.06%

11.56 Aaa/AAA
NA

1.07 0.20
43815GAC3 HAROT 2021-4 A3 0.88
01/21/2026 19,773.54 11/16/2021

0.89%
19,769.37
19,772.46

98.88 4.93%
19,551.71

4.83 0.06%
(220.75)
Aaa/NA
AAA

1.22 0.28
47789QAC4 JDOT 2021-B A3 0.52
03/16/2026 13,287.12 07/13/2021

0.52%
13,285.93
13,286.92

99.06 4.21%
13,162.53

3.07 0.04%
(124.39)
Aaa/NA
AAA

1.37 0.25
89238JAC9 TAOT 2021-D A3 0.71
04/15/2026 16,108.45 11/09/2021

0.95%
16,108.10
16,108.38

98.90 4.87%
15,930.98

5.08 0.05%
(177.40)
NA/AAA
AAA

1.45 0.26
43815BAC4 HAROT 2022-1 A3 1.88
05/15/2026 67,752.14 02/15/2022

1.89%
67,741.94
67,748.80

98.85 4.91%
66,972.77

56.61 0.20%
(776.03)
Aaa/AAA
NA

1.54 0.38
43815PAC3 HAROT 2022-2 A3 3.73
07/20/2026 66,880.75 08/15/2022

3.87%
66,876.77
66,879.30

99.45 4.89%
66,511.97

90.08 0.20%
(367.33)
NA/AAA
AAA

1.72 0.49
05602RAD3 BMWOT 2022-A A3 3.21
08/25/2026 126,176.95 01/05/2023

4.81%
122,869.73
124,554.77

99.41 4.67%
125,433.19

67.50 0.38%
878.42
Aaa/AAA
NA

1.82 0.41
47787JAC2 JDOT 2022 A3 0.36 09/15/2026 50,170.31 03/10/2022

2.34%
50,159.22
50,166.06

98.89 4.61%
49,612.54

51.73 0.15%
(553.52)
Aaa/NA
AAA

1.87 0.49
89238FAD5 TAOT 2022-B A3 2.93
09/15/2026 57,290.83 04/07/2022

3.09%
57,289.49
57,290.42

99.20 4.75%
56,832.47

74.61 0.17%
(457.95)
Aaa/AAA
NA

1.87 0.44
379929AD4 GMALT 2023-3 A3 5.38
11/20/2026 75,000.00 08/08/2023

5.38%
74,991.01
74,994.35
100.48

4.80%
75,359.88
123.29

0.23%
365.53
NA/AAA
AAA

2.05 0.75
47800AAC4 JDOT 2022-B A3 3.74
02/16/2027 95,494.57 07/12/2022

3.77%
95,485.45
95,490.79

99.37 4.68%
94,890.66
158.73

0.29%
(600.13)
Aaa/NA
AAA

2.30 0.69
448979AD6 HART 2023-A A3 4.58
04/15/2027 155,000.00 04/04/2023

5.14%
154,984.87
154,990.75

99.91 4.75%
154,854.63
315.51

0.47%
(136.12)
NA/AAA
AAA

2.45 0.73
36265WAD5 GMCAR 2022-3 A3 3.64
04/16/2027 64,480.82 07/06/2022

3.93%
64,480.37
64,480.63

99.43 4.80%
64,114.78

97.80 0.19%
(365.85)
Aaa/NA
AAA

2.46 0.50
43815JAC7 HAROT 2023-1 A3 5.04
04/21/2027 70,000.00 02/16/2023

5.09%
69,986.99
69,992.31
100.29

4.72%
70,204.67

98.00 0.21%
212.36
Aaa/NA
AAA

2.47 0.79
02582JJT8 AMXCA 2022-2 A 3.39
05/17/2027 185,000.00 05/17/2022

3.42%
184,959.08
184,989.75

99.29 4.78%
183,685.19
278.73

0.56%
(1,304.57)
NA/AAA
AAA

0.54 0.52
47800BAC2 JDOT 2022-C A3 5.09
06/15/2027 188,218.52 10/12/2022

3.29%
188,203.91
188,211.12
100.23

4.83%
188,652.02
425.79

0.57%
440.90
Aaa/NA
AAA

2.62 0.74
58770AAC7 MBART 2023-1 A3 4.51
11/15/2027 97,392.03 01/18/2023

4.56%
97,380.35
97,384.85

99.86 4.74%
97,253.39
195.22

0.29%
(131.47)
NA/AAA
AAA

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

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
58769GAD5 MBALT 2024-B A3 4.23
02/15/2028 130,000.00 09/17/2024

4.24%
129,978.12
129,978.77

99.43 4.76%
129,257.02
244.40

0.39%
(721.75)
NA/AAA
AAA

3.29 1.17
362583AD8 GMCAR 2023-2 A3 4.47
02/16/2028 115,000.00 04/04/2023

4.51%
114,996.84
114,997.86

99.82 4.71%
114,793.85
214.19

0.35%
(204.01)
Aaa/AAA
NA

3.30 0.92
02582JJZ4 AMXCA 2023-1 A 4.87
05/15/2026 125,000.00 06/07/2023

4.87%
124,988.91
124,992.48
100.52

4.57%
125,645.74
270.56

0.38%
653.26
NA/AAA
AAA

1.54 1.45
47787CAC7 JDOT 2023-C A3 5.48
05/15/2028 310,000.00 09/12/2023

5.40%
309,978.70
309,983.82
101.17

4.73%
313,612.09
755.02

0.95%
3,628.27
Aaa/NA
AAA

3.54 1.42
161571HT4 CHAIT 2023-1 A 5.16 09/15/2028 340,000.00 09/07/2023

5.17%
339,905.75
339,927.06
101.19

4.54%
344,043.99
779.73

1.04%
4,116.94
NR/AAA
AAA

3.88 1.75
02582JKD1 AMXCA 2023-3 A 5.23
09/15/2028 340,000.00 09/12/2023

5.29%
339,984.80
339,988.21
101.26

4.57%
344,293.18
790.31

1.04%
4,304.97
NA/AAA
AAA

3.88 1.74
44934QAD3 HART 2024-B A3 4.84
03/15/2029 90,000.00 07/16/2024

4.90%
89,986.42
89,987.22
100.64

4.60%
90,572.34
193.60

0.27%
585.12
NA/AAA
AAA

4.37 2.19
448976AD2 HART 2024-C A3 4.41
05/15/2029 140,000.00 10/08/2024

4.46%
139,989.75
139,989.85

99.69 4.59%
139,562.58
257.25

0.42%
(427.26)
NA/AAA
AAA

4.54 2.19
89239TAD4 TAOT 2024-D A3 4.4 06/15/2029 105,000.00 10/10/2024

4.44%
104,994.14
104,994.19

99.66 4.59%
104,646.39
179.67

0.32%
(347.80)
Aaa/AAA
NA

4.62 2.24
38014AAD3 GMCAR 2024-4 A3 4.27
08/16/2029 95,000.00 10/08/2024

4.32%
94,981.70
94,981.87

99.74 4.56%
94,755.62
169.02

0.29%
(226.24)
Aaa/AAA
NA

4.79 2.23
Total ABS 3,157,594.30 4.49%
3,153,925.54
3,155,731.10
100.20

4.68%
3,163,785.86
5,917.17

9.59%
8,054.77
Aaa/AAA
AAA

2.99 1.21
AGENCY
3133ENKS8

FEDERAL FARM CREDIT
BANKS FUNDING CORP 1.125
01/06/2025
750,000.00 --

1.59%
740,054.10
749,377.57

99.36 4.68%
745,205.69
2,695.31

2.26%
(4,171.88)
Aaa/AA+
AA+

0.18 0.18
3133ENPG9 FEDERAL FARM CREDIT BANKS
FUNDING CORP 1.75 02/14/2025 415,000.00 02/10/2022

1.84%
413,891.95
414,893.75

99.18 4.65%
411,580.16
1,553.37

1.25%
(3,313.59)
Aaa/AA+
AA+

0.29 0.28
3135G06G3 FEDERAL NATIONAL MORTGAGE
ASSOCIATION 0.5 11/07/2025 350,000.00 11/18/2020

0.52%
349,639.50
349,926.27

96.26 4.30%
336,921.93
845.83

1.02%
(13,004.34)
Aaa/AA+
AA+

1.02 0.99
3130B3A29 FEDERAL HOME LOAN BANKS 4.0
10/09/2026 600,000.00 10/21/2024

4.00%
599,994.00
599,994.08

99.80 4.11%
598,797.11
1,333.33

1.82%
(1,196.97)
Aaa/AA+
AA+

1.94 1.84
3133ERFJ5 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.5 05/20/2027 330,000.00 05/23/2024

4.79%
327,333.60
327,727.08
100.83

4.15%
332,747.67
6,641.25

1.01%
5,020.58
Aaa/AA+
AA+

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
3130ATS57 FEDERAL HOME LOAN BANKS 4.5
03/10/2028 700,000.00 03/21/2023

3.99%
715,799.00
710,663.24
101.03

4.17%
707,208.77
4,462.50

2.14%
(3,454.47)
Aaa/AA+
AA+

3.36 3.07
3133ERGL9 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.5 06/07/2028 450,000.00 06/25/2024

4.44%
450,984.50
450,897.11
101.17

4.15%
455,267.19
8,100.00

1.38%
4,370.08
Aaa/AA+
AA+

3.60 3.24
3133EPN50 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.25 12/15/2028 650,000.00 12/28/2023

3.89%
660,575.50
658,778.89
100.14

4.21%
650,924.36
10,436.11

1.97%
(7,854.53)
Aaa/AA+
AA+

4.12 3.69
Total Agency 4,245,000.00 3.18%
4,258,272.15
4,262,257.99

99.87 4.31%
4,238,652.87
36,067.71

12.85%
(23,605.12)
Aaa/AA+
AA+

2.20 2.01

AGENCY CMBS
3137BNGT5 FHMS K-054 A2 2.745
01/25/2026 500,000.00 02/15/2023

4.65%
474,785.16
489,721.03

97.89 4.58%
489,445.30
1,143.75

1.48%
(275.73)
Aaa/AA+
AAA

1.24 1.07
3137BVZ82 FHMS K-063 A2 3.43 01/25/2027 320,000.00 02/06/2024

4.48%
310,725.00
313,059.11

97.89 4.42%
313,243.94
914.67

0.95%
184.83
Aaa/AA+
AAA

2.24 1.98
3137FEBQ2 FHMS K-072 A2 3.444
12/25/2027 500,000.00 08/22/2023

4.98%
470,429.69
478,661.58

96.89 4.49%
484,460.40
1,435.00

1.47%
5,798.82
Aaa/AA+
AAA

3.15 2.86
3137FETN0 FHMS K-073 A2 3.35 01/25/2028 465,000.00 05/24/2023

4.27%
446,908.59
452,529.12

96.58 4.49%
449,117.18
1,298.13

1.36%
(3,411.94)
Aaa/AA+
AAA

3.24 2.90
3137FHPJ6 FHMS K-080 A2 3.926
07/25/2028 325,000.00 01/23/2024

4.45%
317,814.45
319,057.93

97.90 4.51%
318,168.37
1,063.29

0.96%
(889.56)
Aaa/AA+
AA+

3.73 3.39
3137FJEH8 FHMS K-081 A2 3.9 08/25/2028 155,000.00 09/15/2023

4.86%
148,436.72
149,943.65

97.84 4.49%
151,657.25
503.75

0.46%
1,713.60
Aaa/AA+
AAA

3.82 3.45
3137FJKE8 FHMS K-082 A2 3.92 09/25/2028 220,000.00 09/20/2024

3.81%
220,575.78
220,560.95

97.82 4.51%
215,211.06
718.67

0.65%
(5,349.89)
Aaa/AA+
AAA

3.90 3.48
3137FJXV6 FHMS K-083 A2 4.05 09/25/2028 297,000.00 12/07/2023

4.60%
289,783.83
291,143.40

98.35 4.48%
292,085.27
1,002.38

0.89%
941.88
Aaa/AA+
AAA

3.90 3.52
3137H4BY5 FHMS K-746 A2 2.031
09/25/2028 315,000.00 10/03/2023

5.30%
270,973.83
280,604.55

91.13 4.55%
287,064.29
533.14

0.87%
6,459.73
Aaa/AA+
AAA

3.90 3.62
3137FJZ93 FHMS K-084 A2 3.78 10/25/2028 240,000.00 10/20/2023

5.34%
223,818.75
227,166.29

97.14 4.55%
233,141.02
756.00

0.71%
5,974.73
Aaa/AA+
AA+

3.99 3.57
Total Agency
CMBS 3,337,000.00 4.67%
3,174,251.80
3,222,447.61

96.94 4.51%
3,233,594.08
9,368.76

9.80%
11,146.47
Aaa/AA+
AAA

3.12 2.81
CASH
CCYUSD Receivable 1,379.26 --

0.00%
1,379.26
1,379.26

1.00 0.00%
1,379.26

0.00 0.00%

0.00 Aaa/AAA
AAA

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

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
Total Cash 1,379.26 0.00%
1,379.26
1,379.26

1.00 0.00%
1,379.26

0.00 0.00%

0.00 Aaa/AAA
AAA

0.00 0.00

CORPORATE
78015K7C2 ROYAL BANK OF CANADA 2.25
11/01/2024 500,000.00 --

0.88%
524,067.75
500,000.00
100.00

2.25%
500,000.00
5,625.00

1.52%

0.00 A1/A
AA-

0.00 0.32
69371RR57 PACCAR FINANCIAL CORP 0.9
11/08/2024 175,000.00 11/02/2021

0.90%
174,989.50
174,999.96

99.93 4.63%
174,872.62
756.88

0.53%
(127.34)
A1/A+
NA

0.02 0.02
06368LGU4 BANK OF MONTREAL 5.2
12/12/2024 400,000.00 03/25/2024

5.42%
399,352.00
399,897.82
100.02

4.94%
400,075.10
8,031.11

1.21%
177.29
A2/A-
AA-

0.11 0.11
24422EWB1 JOHN DEERE CAPITAL CORP

2.125 03/07/2025 130,000.00 03/02/2022

2.14%
129,944.10
129,993.57

99.12 4.67%
128,855.48
414.38

0.39%
(1,138.09)
A1/A
A+

0.35 0.34
63743HFE7

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

3.45 06/15/2025
95,000.00 04/27/2022

3.46%
94,974.35
94,994.90

99.22 4.73%
94,257.81
1,238.17

0.29%
(737.09)
A2/A-
A

0.62 0.60
46625HMN7 JPMORGAN CHASE & CO 3.9
07/15/2025 400,000.00 05/29/2024

5.58%
392,748.00
395,482.94

99.55 4.54%
398,219.70
4,593.33

1.21%
2,736.76
A1/A-
AA-

0.70 0.68
6174468C6 MORGAN STANLEY 4.0
07/23/2025 394,000.00 04/10/2024

5.56%
386,478.56
389,748.05

99.55 4.63%
392,234.21
4,290.22

1.19%
2,486.16
A1/A-
A+

0.73 0.70
931142EW9 WALMART INC 3.9 09/09/2025 80,000.00 09/06/2022

3.92%
79,944.00
79,984.06

99.59 4.39%
79,669.28
450.67

0.24%
(314.78)
Aa2/AA
AA

0.86 0.83
437076CR1 HOME DEPOT INC 4.0
09/15/2025 110,000.00 09/12/2022

4.01%
109,960.40
109,988.47

99.56 4.51%
109,516.60
562.22

0.33%
(471.87)
A2/A
A

0.87 0.84
20030NCS8 COMCAST CORP 3.95
10/15/2025 400,000.00 03/11/2024

4.95%
393,932.00
396,365.47

99.43 4.56%
397,735.80
702.22

1.21%
1,370.34
A3/A-
A-

0.96 0.92
857477BR3 STATE STREET CORP 1.746
02/06/2026 90,000.00 02/02/2022

1.75%
90,000.00
90,000.00

99.05 5.29%
89,144.25
371.03

0.27%
(855.75)
A1/A
AA-

1.27 0.26
037833BY5 APPLE INC 3.25 02/23/2026 400,000.00 05/09/2023

4.05%
391,672.00
396,085.27

98.61 4.35%
394,425.24
2,455.56

1.20%
(1,660.03)
Aaa/AA+
NA

1.31 1.26
61747YET8 MORGAN STANLEY 4.679
07/17/2026 175,000.00 07/18/2022

4.68%
175,000.00
175,000.00

99.69 5.92%
174,462.59
2,365.49

0.53%
(537.41)
A1/A-
A+

1.71 0.68
06428CAA2 BANK OF AMERICA NA 5.526
08/18/2026 300,000.00 09/19/2023

5.61%
299,277.00
299,554.08
101.75

4.50%
305,258.51
3,361.65

0.93%
5,704.42
Aa1/A+
AA

1.80 1.60
931142ER0 WALMART INC 1.05 09/17/2026 40,000.00 09/08/2021

1.09%
39,924.40
39,971.64

94.27 4.26%
37,707.74

51.33 0.11%
(2,263.90)
Aa2/AA
AA

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
63743HFK3

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

5.6 11/13/2026
390,000.00 11/14/2023

5.25%
393,666.00
392,454.36
101.92

4.60%
397,485.75
10,192.00

1.21%
5,031.39
A2/A-
A

2.04 1.79
89115A2V3 TORONTO-DOMINION BANK

5.264 12/11/2026 160,000.00 12/04/2023

5.26%
160,000.00
160,000.00
101.30

4.61%
162,085.03
3,275.38

0.49%
2,085.03
A2/A-
AA-

2.11 1.94
78016HZT0 ROYAL BANK OF CANADA 4.875
01/19/2027 150,000.00 01/10/2024

4.88%
149,962.50
149,972.32
100.76

4.51%
151,145.13
2,071.88

0.46%
1,172.81
A1/A
AA-

2.22 2.05
17275RBQ4 CISCO SYSTEMS INC 4.8
02/26/2027 170,000.00 02/21/2024

4.85%
169,779.00
169,829.21
100.87

4.40%
171,470.94
1,473.33

0.52%
1,641.73
A1/AA-
NA

2.32 2.08
857477CL5 STATE STREET CORP 4.993
03/18/2027 365,000.00 03/13/2024

4.99%
365,000.00
365,000.00
100.96

4.56%
368,492.90
2,176.81

1.12%
3,492.90
A1/A
AA-

2.38 2.14
89115A2W1 TORONTO-DOMINION BANK

4.98 04/05/2027 400,000.00 04/08/2024

5.21%
397,448.00
397,927.96
100.74

4.65%
402,970.37
1,438.67

1.22%
5,042.41
A2/A-
AA-

2.43 2.26
665859AW4 NORTHERN TRUST CORP 4.0
05/10/2027 450,000.00 10/05/2022

4.70%
436,909.50
442,814.28

99.08 4.39%
445,869.92
8,550.00

1.35%
3,055.63
A2/A+
A+

2.52 2.33
14913UAL4 CATERPILLAR FINANCIAL
SERVICES CORP 5.0 05/14/2027 405,000.00 05/21/2024

4.93%
405,743.58
405,632.66
101.47

4.38%
410,949.80
9,393.75

1.25%
5,317.14
A2/A
A+

2.53 2.31
438516CJ3 HONEYWELL INTERNATIONAL
INC 4.95 02/15/2028 400,000.00 02/13/2023

4.44%
408,972.00
405,848.04
101.89

4.32%
407,579.09
4,180.00

1.24%
1,731.05
A2/A
A

3.29 2.91
57636QAW4 MASTERCARD INC 4.875
03/09/2028 290,000.00 04/19/2023

4.17%
298,833.40
296,014.77
101.45

4.40%
294,215.82
2,042.08

0.89%
(1,798.95)
Aa3/A+
NA

3.36 2.98
74456QBU9 PUBLIC SERVICE ELECTRIC AND
GAS CO 3.7 05/01/2028 300,000.00 09/06/2023

5.10%
282,801.00
287,057.68

97.08 4.61%
291,231.07
5,550.00

0.88%
4,173.39
A1/A
WR

3.50 3.24
58933YBH7 MERCK & CO INC 4.05
05/17/2028 90,000.00 05/08/2023

4.07%
89,927.10
89,948.41

99.20 4.30%
89,277.52
1,660.50

0.27%
(670.89)
A1/A+
NA

3.54 3.21
69371RS80 PACCAR FINANCIAL CORP 4.6
01/31/2029 410,000.00 01/24/2024

4.64%
409,331.70
409,432.29
100.29

4.52%
411,182.96
4,767.39

1.25%
1,750.67
A1/A+
NA

4.25 3.78
89236TMF9 TOYOTA MOTOR CREDIT CORP

5.05 05/16/2029 400,000.00 06/25/2024

4.88%
402,872.00
402,666.05
101.33

4.72%
405,325.68
9,258.33

1.23%
2,659.63
A1/A+
A+

4.54 3.93
341081GT8 FLORIDA POWER & LIGHT CO

5.15 06/15/2029 330,000.00 09/19/2024

4.03%
345,331.80
344,945.75
102.04

4.65%
336,743.04
6,986.83

1.02%
(8,202.71)
Aa2/A+
AA-

4.62 3.87
437076DC3 HOME DEPOT INC 4.75
06/25/2029 295,000.00 --

4.74%
295,110.25
295,114.34
100.72

4.57%
297,132.80
4,904.38

0.90%
2,018.46
A2/A
A

4.65 4.00
713448FX1 PEPSICO INC 4.5 07/17/2029 295,000.00 07/15/2024

4.53%
294,542.75
294,569.54
100.35

4.41%
296,040.05
3,835.00

0.90%
1,470.51
A1/A+
NA

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 Corporate 8,989,000.00 4.47%
8,988,494.64
8,981,293.88
100.31

4.45%
9,015,632.80
117,025.58

27.33%
34,338.92
A1/A
A+

2.25 2.01

MONEY MARKET
FUND
31846V203 FIRST AMER:GVT OBLG Y 157,320.25 --

4.44%
157,320.25
157,320.25

1.00 4.45%
157,320.25

0.00 0.48%

0.00 Aaa/
AAAm
AAA

0.00 0.00
Total Money
Market Fund 157,320.25 4.44%
157,320.25
157,320.25

1.00 4.45%
157,320.25

0.00 0.48%

0.00 Aaa/
AAAm
AAA

0.00 0.00

SUPRANATIONAL
459058LK7

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 4.0 08/27/2026
170,000.00 08/20/2024

4.06%
169,802.80
169,820.63

99.63 4.21%
169,367.58
1,208.89

0.51%
(453.05)
Aaa/AAA
NA

1.82 1.73
459058KT9

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.5 07/12/2028
250,000.00 11/28/2023

4.53%
239,372.50
241,496.74

97.70 4.18%
244,246.44
2,649.31

0.74%
2,749.70
Aaa/AAA
NA

3.70 3.39
459058KW2

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 4.625 08/01/2028
250,000.00 --

4.97%
246,407.00
247,187.24
101.53

4.18%
253,821.92
2,890.63

0.77%
6,634.67
Aaa/AAA
NA

3.75 3.38
459058LN1

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.875 10/16/2029
300,000.00 10/08/2024

3.93%
299,217.00
299,223.86

98.62 4.19%
295,853.31
484.38

0.90%
(3,370.55)
NA/AAA
NA

4.96 4.45
Total
Supranational 970,000.00 4.38%
954,799.30
957,728.47

99.33 4.19%
963,289.24
7,233.19

2.92%
5,560.77
Aaa/AAA
NA

3.77 3.42

US TREASURY
91282CDH1 UNITED STATES TREASURY 0.75
11/15/2024 750,000.00 11/18/2021

0.83%
748,125.00
749,975.96

99.85 4.70%
748,870.99
2,598.51

2.27%
(1,104.97)
Aaa/AA+
AA+

0.04 0.04
912828Z52 UNITED STATES TREASURY 1.375
01/31/2025 750,000.00 02/17/2022

1.71%
742,822.27
749,394.09

99.21 4.58%
744,096.68
2,606.15

2.26%
(5,297.41)
Aaa/AA+
AA+

0.25 0.24
912828ZF0 UNITED STATES TREASURY 0.5
03/31/2025 350,000.00 03/25/2021

0.58%
348,906.26
349,887.86

98.40 4.46%
344,391.80
153.85

1.04%
(5,496.06)
Aaa/AA+
AA+

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
91282CEH0 UNITED STATES TREASURY 2.625
04/15/2025 450,000.00 04/18/2024

5.18%
439,031.25
444,986.58

99.20 4.41%
446,417.58
551.68

1.35%
1,430.99
Aaa/AA+
AA+

0.45 0.44
912828ZT0 UNITED STATES TREASURY 0.25
05/31/2025 365,000.00 02/25/2021

0.60%
359,653.32
364,274.50

97.61 4.48%
356,259.96
383.95

1.08%
(8,014.54)
Aaa/AA+
AA+

0.58 0.57
91282CEU1 UNITED STATES TREASURY 2.875
06/15/2025 500,000.00 07/30/2024

4.90%
491,425.78
493,925.47

99.10 4.36%
495,478.52
5,459.36

1.50%
1,553.04
Aaa/AA+
AA+

0.62 0.60
91282CEY3 UNITED STATES TREASURY 3.0
07/15/2025 475,000.00 03/15/2024

4.94%
463,273.44
468,797.52

99.11 4.30%
470,760.25
4,220.79

1.43%
1,962.73
Aaa/AA+
AA+

0.70 0.68
9128284Z0 UNITED STATES TREASURY 2.75
08/31/2025 750,000.00 --

0.99%
800,092.78
760,770.21

98.66 4.41%
739,968.75
3,532.46

2.24%
(20,801.46)
Aaa/AA+
AA+

0.83 0.80
91282CFK2 UNITED STATES TREASURY 3.5
09/15/2025 475,000.00 03/15/2024

4.90%
465,537.11
469,488.65

99.29 4.34%
471,623.04
2,158.49

1.43%
2,134.40
Aaa/AA+
AA+

0.87 0.84
91282CFP1 UNITED STATES TREASURY 4.25
10/15/2025 550,000.00 06/23/2023

4.59%
545,982.42
548,339.53

99.94 4.32%
549,647.65
1,091.69

1.67%
1,308.13
Aaa/AA+
AA+

0.96 0.92
91282CAZ4 UNITED STATES TREASURY 0.375
11/30/2025 750,000.00 --

0.88%
734,730.47
746,003.11

95.86 4.34%
718,968.75
1,183.40

2.18%
(27,034.36)
Aaa/AA+
AA+

1.08 1.05
9128286L9 UNITED STATES TREASURY 2.25
03/31/2026 750,000.00 02/25/2022

1.91%
760,078.13
753,478.71

97.31 4.23%
729,814.46
1,483.52

2.21%
(23,664.26)
Aaa/AA+
AA+

1.41 1.37
912828R36 UNITED STATES TREASURY 1.625
05/15/2026 250,000.00 10/14/2021

0.99%
257,148.44
252,392.78

96.18 4.21%
240,458.99
1,876.70

0.73%
(11,933.80)
Aaa/AA+
AA+

1.54 1.48
91282CHH7 UNITED STATES TREASURY 4.125
06/15/2026 475,000.00 08/26/2024

3.94%
476,502.93
476,351.95

99.86 4.21%
474,350.58
7,441.34

1.44%
(2,001.37)
Aaa/AA+
AA+

1.62 1.53
912828YG9 UNITED STATES TREASURY 1.625
09/30/2026 300,000.00 12/28/2021

1.24%
305,296.88
302,129.74

95.41 4.15%
286,230.47
428.57

0.87%
(15,899.27)
Aaa/AA+
AA+

1.91 1.85
91282CJC6 UNITED STATES TREASURY 4.625
10/15/2026 475,000.00 08/26/2024

3.84%
482,514.65
481,877.98
100.85

4.17%
479,026.37
1,026.01

1.45%
(2,851.61)
Aaa/AA+
AA+

1.96 1.85
912828U24 UNITED STATES TREASURY 2.0
11/15/2026 625,000.00 03/29/2022

2.55%
609,912.11
618,361.69

95.85 4.14%
599,072.26
5,774.46

1.82%
(19,289.42)
Aaa/AA+
AA+

2.04 1.95
91282CJP7 UNITED STATES TREASURY 4.375
12/15/2026 300,000.00 12/27/2023

4.02%
302,906.25
302,077.04
100.44

4.15%
301,324.22
4,984.63

0.91%
(752.82)
Aaa/AA+
AA+

2.12 1.97
91282CEF4 UNITED STATES TREASURY 2.5
03/31/2027 750,000.00 --

2.90%
736,449.21
743,220.99

96.32 4.12%
722,431.64
1,648.35

2.19%
(20,789.35)
Aaa/AA+
AA+

2.41 2.30
912828X88 UNITED STATES TREASURY 2.375
05/15/2027 350,000.00 06/09/2022

3.08%
338,666.02
344,175.60

95.79 4.14%
335,248.05
3,840.01

1.02%
(8,927.55)
Aaa/AA+
AA+

2.54 2.40
91282CFM8 UNITED STATES TREASURY 4.125
09/30/2027 570,000.00 10/26/2022

4.19%
568,419.14
569,065.89
100.02

4.12%
570,089.06
2,067.03

1.73%
1,023.17
Aaa/AA+
AA+

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
9128283F5 UNITED STATES TREASURY 2.25
11/15/2027 800,000.00 12/20/2022

3.84%
743,625.00
765,072.70

94.64 4.14%
757,156.25
8,315.22

2.30%
(7,916.45)
Aaa/AA+
AA+

3.04 2.86
91282CGC9 UNITED STATES TREASURY 3.875
12/31/2027 500,000.00 05/25/2023

3.98%
497,890.63
498,549.81

99.23 4.13%
496,171.88
6,528.53

1.50%
(2,377.93)
Aaa/AA+
AA+

3.17 2.91
912828YB0 UNITED STATES TREASURY 1.625
08/15/2029 150,000.00 09/24/2024

3.49%
137,542.97
137,801.18

89.21 4.13%
133,816.41
516.64

0.41%
(3,984.78)
Aaa/AA+
AA+

4.79 4.50
Total US Treasury 12,460,000.00 2.85%
12,356,532.46
12,390,399.54

98.05 4.30%
12,211,674.59
69,871.34

37.02%
(178,724.95)
Aaa/AA+
AA+

1.48 1.40
Total Portfolio 33,317,293.81 3.72%
33,044,975.40
33,128,558.10

98.57 4.39%
32,985,328.95
245,483.76
100.00%
(143,229.15)
Aa2/AA-
AA

2.15 1.82
Total Market
Value + Accrued 33,230,812.71
Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E CONFIDENTIAL | 15
City of Gardena | Account #10645 | As of October 31, 2024 Execution Time: 11/04/2024 04:40:51 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

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

ACQUISITIONS
Purchase 10/02/2024 31846V203 1,316.45 FIRST AMER:GVT OBLG Y 1.000 4.54% (1,316.45) 0.00 (1,316.45) 0.00 Purchase 10/07/2024 31846V203 9,960.00 FIRST AMER:GVT OBLG Y 1.000 4.47% (9,960.00) 0.00 (9,960.00) 0.00 Purchase 10/10/2024 31846V203 450,000.00 FIRST AMER:GVT OBLG Y 1.000 4.47% (450,000.00) 0.00 (450,000.00) 0.00 Purchase 10/15/2024 31846V203 837.57 FIRST AMER:GVT OBLG Y 1.000 4.46% (837.57) 0.00 (837.57) 0.00 Purchase 10/15/2024 31846V203 88,622.06 FIRST AMER:GVT OBLG Y 1.000 4.46% (88,622.06) 0.00 (88,622.06) 0.00 Purchase 10/16/2024 459058LN1 300,000.00

INTERNATIONAL BANK

FOR RECONSTRUCTION
AND DEVELOPM 3.875
10/16/2029

99.739 3.93% (299,217.00) 0.00 (299,217.00) 0.00
Purchase 10/16/2024 38014AAD3 95,000.00 GMCAR 2024-4 A3 4.27 08/16/2029 99.981 4.32% (94,981.70) 0.00 (94,981.70) 0.00 Purchase 10/16/2024 31846V203 6,179.60 FIRST AMER:GVT OBLG Y 1.000 4.46% (6,179.60) 0.00 (6,179.60) 0.00 Purchase 10/16/2024 448976AD2 140,000.00 HART 2024-C A3 4.41 05/15/2029 99.993 4.46% (139,989.75) 0.00 (139,989.75) 0.00 Purchase 10/17/2024 31846V203 345,005.86 FIRST AMER:GVT OBLG Y 1.000 4.48% (345,005.86) 0.00 (345,005.86) 0.00 Purchase 10/17/2024 89239TAD4 105,000.00 TAOT 2024-D A3 4.4 06/15/2029 99.994 4.51% (104,994.14) 0.00 (104,994.14) 0.00 Purchase 10/18/2024 31846V203 6,662.83 FIRST AMER:GVT OBLG Y 1.000 4.48% (6,662.83) 0.00 (6,662.83) 0.00 Purchase 10/21/2024 31846V203 3,956.94 FIRST AMER:GVT OBLG Y 1.000 4.47% (3,956.94) 0.00 (3,956.94) 0.00 Purchase 10/22/2024 3130B3A29 600,000.00 FEDERAL HOME LOAN BANKS 4.0 10/09/2026 99.999 4.00% (599,994.00) (733.33) (600,727.33) 0.00 Purchase 10/25/2024 31846V203 6,635.65 FIRST AMER:GVT OBLG Y 1.000 4.48% (6,635.65) 0.00 (6,635.65) 0.00 Purchase 10/25/2024 31846V203 21,139.09 FIRST AMER:GVT OBLG Y 1.000 4.48% (21,139.09) 0.00 (21,139.09) 0.00 Total Purchase 2,180,316.05 (2,179,492.64) (733.33) (2,180,225.97) 0.00 TOTAL
ACQUISITIONS 2,180,316.05 (2,179,492.64) (733.33) (2,180,225.97) 0.00 OTHER
Maturity 10/10/2024 912797KT3 (450,000.00) UNITED STATES TREASURY 10/10/2024 100.000 0.00% 450,000.00 0.00 450,000.00 0.00 Maturity 10/16/2024 45950KCR9 (160,000.00) INTERNATIONAL FINANCE CORP 1.375 10/16/2024 100.000 1.38% 160,000.00 0.00 160,000.00 0.00 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E CONFIDENTIAL | 16
City of Gardena | Account #10645 | As of October 31, 2024 Execution Time: 11/04/2024 04:40:51 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/
Sold Total Amount Gain/Loss
Maturity 10/17/2024 912797KU0 (450,000.00) UNITED STATES TREASURY 10/17/2024 100.000 0.00% 450,000.00 0.00 450,000.00 0.00 Total Maturity (1,060,000.00) 1,060,000.00 0.00 1,060,000.00 0.00 Sale 10/16/2024 31846V203 (373,088.45) FIRST AMER:GVT OBLG Y 1.000 4.46% 373,088.45 0.00 373,088.45 0.00 Sale 10/22/2024 31846V203 (600,727.33) FIRST AMER:GVT OBLG Y 1.000 4.46% 600,727.33 0.00 600,727.33 0.00 Total Sale (973,815.78) 973,815.78 0.00 973,815.78 0.00

TOTAL OTHER
TRANSACTIONS (2,033,815.78) 2,033,815.78 0.00 2,033,815.78 0.00 OTHER
Coupon 10/01/2024 3137FJKE8 0.00 FHMS K-082 A2 3.92
09/25/2028 3.81% 718.67 0.00 718.67 0.00
Coupon 10/01/2024 3137FETN0 0.00 FHMS K-073 A2 3.35
01/25/2028 4.24% 1,298.12 0.00 1,298.12 0.00
Coupon 10/01/2024 3137FHPJ6 0.00 FHMS K-080 A2 3.926
07/25/2028 4.43% 1,063.29 0.00 1,063.29 0.00
Coupon 10/01/2024 3137BVZ82 0.00 FHMS K-063 A2 3.43
01/25/2027 4.45% 914.67 0.00 914.67 0.00
Coupon 10/01/2024 3137BNGT5 0.00 FHMS K-054 A2 2.745
01/25/2026 4.52% 1,143.75 0.00 1,143.75 0.00
Coupon 10/01/2024 3137FJXV6 0.00 FHMS K-083 A2 4.05
09/25/2028 4.58% 1,002.38 0.00 1,002.38 0.00
Coupon 10/01/2024 3137FJEH8 0.00 FHMS K-081 A2 3.9
08/25/2028 4.82% 503.75 0.00 503.75 0.00
Coupon 10/01/2024 3137FEBQ2 0.00 FHMS K-072 A2 3.444
12/25/2027 4.92% 1,435.00 0.00 1,435.00 0.00
Coupon 10/01/2024 3137H4BY5 0.00 FHMS K-746 A2 2.031
09/25/2028 5.20% 533.14 0.00 533.14 0.00
Coupon 10/01/2024 3137FJZ93 0.00 FHMS K-084 A2 3.78
10/25/2028 5.28% 756.00 0.00 756.00 0.00
Coupon 10/05/2024 89115A2W1 0.00 TORONTO-DOMINION
BANK 4.98 04/05/2027 5.21% 9,960.00 0.00 9,960.00 0.00
Coupon 10/15/2024 47788UAC6 0.00 JDOT 2021 A3 0.36
09/15/2025 0.00% 0.09 0.00 0.09 0.00
Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E CONFIDENTIAL | 17
City of Gardena | Account #10645 | As of October 31, 2024 Execution Time: 11/04/2024 04:40:51 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/
Sold Total Amount Gain/Loss
Coupon 10/15/2024 47789QAC4 0.00 JDOT 2021-B A3 0.52
03/16/2026 0.53% 6.43 0.00 6.43 0.00
Coupon 10/15/2024 89238JAC9 0.00 TAOT 2021-D A3 0.71
04/15/2026 0.71% 11.07 0.00 11.07 0.00
Coupon 10/15/2024 43815BAC4 0.00 HAROT 2022-1 A3 1.88
05/15/2026 1.90% 118.77 0.00 118.77 0.00
Coupon 10/15/2024 47787JAC2 0.00 JDOT 2022 A3 0.36
09/15/2026 2.35% 107.14 0.00 107.14 0.00
Coupon 10/15/2024 89238FAD5 0.00 TAOT 2022-B A3 2.93
09/15/2026 2.95% 153.41 0.00 153.41 0.00
Coupon 10/15/2024 02582JJT8 0.00 AMXCA 2022-2 A 3.39
05/17/2027 3.42% 522.63 0.00 522.63 0.00
Coupon 10/15/2024 47800AAC4 0.00 JDOT 2022-B A3 3.74
02/16/2027 3.78% 314.77 0.00 314.77 0.00
Coupon 10/15/2024 91282CJC6 0.00 UNITED STATES TREASURY

4.625 10/15/2026 3.84% 10,984.38 0.00 10,984.38 0.00
Coupon 10/15/2024 58769GAD5 0.00 MBALT 2024-B A3 4.23
02/15/2028 4.24% 305.50 0.00 305.50 0.00
Coupon 10/15/2024 58770AAC7 0.00 MBART 2023-1 A3 4.51
11/15/2027 4.56% 389.13 0.00 389.13 0.00
Coupon 10/15/2024 91282CFP1 0.00 UNITED STATES TREASURY

4.25 10/15/2025 4.59% 11,687.50 0.00 11,687.50 0.00
Coupon 10/15/2024 448979AD6 0.00 HART 2023-A A3 4.58
04/15/2027 4.63% 591.58 0.00 591.58 0.00
Coupon 10/15/2024 44934QAD3 0.00 HART 2024-B A3 4.84
03/15/2029 4.90% 363.00 0.00 363.00 0.00
Coupon 10/15/2024 02582JJZ4 0.00 AMXCA 2023-1 A 4.87
05/15/2026 4.92% 507.29 0.00 507.29 0.00
Coupon 10/15/2024 20030NCS8 0.00 COMCAST CORP 3.95
10/15/2025 4.95% 7,900.00 0.00 7,900.00 0.00
Coupon 10/15/2024 47800BAC2 0.00 JDOT 2022-C A3 5.09
06/15/2027 5.15% 838.34 0.00 838.34 0.00
Coupon 10/15/2024 91282CEH0 0.00 UNITED STATES TREASURY

2.625 04/15/2025 5.18% 5,906.25 0.00 5,906.25 0.00
Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E CONFIDENTIAL | 18
City of Gardena | Account #10645 | As of October 31, 2024 Execution Time: 11/04/2024 04:40:51 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/
Sold Total Amount Gain/Loss
Coupon 10/15/2024 161571HT4 0.00 CHAIT 2023-1 A 5.16
09/15/2028 5.23% 1,462.00 0.00 1,462.00 0.00
Coupon 10/15/2024 02582JKD1 0.00 AMXCA 2023-3 A 5.23
09/15/2028 5.29% 1,481.83 0.00 1,481.83 0.00
Coupon 10/15/2024 47787CAC7 0.00 JDOT 2023-C A3 5.48
05/15/2028 5.55% 1,415.67 0.00 1,415.67 0.00
Coupon 10/16/2024 45950KCR9 0.00 INTERNATIONAL FINANCE
CORP 1.375 10/16/2024 1.38% 1,100.80 0.00 1,100.80 0.00 Coupon 10/16/2024 36265WAD5 0.00 GMCAR 2022-3 A3 3.64
04/16/2027 3.67% 212.39 0.00 212.39 0.00
Coupon 10/16/2024 362583AD8 0.00 GMCAR 2023-2 A3 4.47
02/16/2028 4.51% 428.38 0.00 428.38 0.00
Coupon 10/18/2024 43815PAC3 0.00 HAROT 2022-2 A3 3.73
07/20/2026 3.76% 227.89 0.00 227.89 0.00
Coupon 10/20/2024 379929AD4 0.00 GMALT 2023-3 A3 5.38
11/20/2026 5.45% 336.25 0.00 336.25 0.00
Coupon 10/21/2024 43815GAC3 0.00 HAROT 2021-4 A3 0.88
01/21/2026 0.90% 16.93 0.00 16.93 0.00
Coupon 10/21/2024 43815JAC7 0.00 HAROT 2023-1 A3 5.04
04/21/2027 5.11% 294.00 0.00 294.00 0.00
Coupon 10/25/2024 05593AAC3 0.00 BMWLT 2023-1 A3 5.16
11/25/2025 5.22% 100.79 0.00 100.79 0.00
Coupon 10/25/2024 05602RAD3 0.00 BMWOT 2022-A A3 3.21
08/25/2026 6.07% 375.13 0.00 375.13 0.00
Total Coupon 0.00 67,488.11 0.00 67,488.11 0.00
Dividend 10/31/2024 31846V203 0.00 FIRST AMER:GVT OBLG Y 4.45% 1,379.26 0.00 1,379.26 0.00 Total Dividend 0.00 1,379.26 0.00 1,379.26 0.00
Principal
Paydown 10/15/2024 47788UAC6 314.94 JDOT 2021 A3 0.36
09/15/2025 0.00% 314.94 -- 314.94 (0.02)
Principal
Paydown 10/15/2024 47789QAC4 1,560.43 JDOT 2021-B A3 0.52 03/16/2026 0.53% 1,560.43 -- 1,560.43 0.00
Principal
Paydown 10/15/2024 89238JAC9 2,597.50 TAOT 2021-D A3 0.71 04/15/2026 0.71% 2,597.50 -- 2,597.50 (0.00)
Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E CONFIDENTIAL | 19
City of Gardena | Account #10645 | As of October 31, 2024 Execution Time: 11/04/2024 04:40:51 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/
Sold Total Amount Gain/Loss
Principal
Paydown 10/15/2024 43815BAC4 8,059.20 HAROT 2022-1 A3 1.88 05/15/2026 1.90% 8,059.20 -- 8,059.20 (0.00)
Principal
Paydown 10/15/2024 47787JAC2 5,249.08 JDOT 2022 A3 0.36 09/15/2026 2.35% 5,249.08 -- 5,249.08 (0.00)
Principal
Paydown 10/15/2024 89238FAD5 5,540.33 TAOT 2022-B A3 2.93 09/15/2026 2.95% 5,540.33 -- 5,540.33 0.00
Principal
Paydown 10/15/2024 47800AAC4 5,501.65 JDOT 2022-B A3 3.74 02/16/2027 3.78% 5,501.65 -- 5,501.65 (0.00)
Principal
Paydown 10/15/2024 58770AAC7 6,145.33 MBART 2023-1 A3 4.51 11/15/2027 4.56% 6,145.33 -- 6,145.33 (0.00)
Principal
Paydown 10/15/2024 47800BAC2 9,424.39 JDOT 2022-C A3 5.09 06/15/2027 5.15% 9,424.39 -- 9,424.39 0.00
Principal
Paydown 10/16/2024 36265WAD5 5,538.03 GMCAR 2022-3 A3 3.64 04/16/2027 3.67% 5,538.03 -- 5,538.03 0.00
Principal
Paydown 10/18/2024 43815PAC3 6,434.94 HAROT 2022-2 A3 3.73 07/20/2026 3.76% 6,434.94 -- 6,434.94 (0.00)
Principal
Paydown 10/21/2024 43815GAC3 3,309.76 HAROT 2021-4 A3 0.88 01/21/2026 0.90% 3,309.76 -- 3,309.76 0.00
Principal
Paydown 10/25/2024 05593AAC3 3,870.28 BMWLT 2023-1 A3 5.16 11/25/2025 5.22% 3,870.28 -- 3,870.28 0.00
Principal
Paydown 10/25/2024 05602RAD3 14,059.77 BMWOT 2022-A A3 3.21 08/25/2026 6.07% 14,059.77 -- 14,059.77 (0.00)
Total Principal
Paydown 77,605.63 77,605.63 -- 77,605.63 (0.02)

TOTAL OTHER
TRANSACTIONS 77,605.63 146,473.00 0.00 146,473.00 (0.02) Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E CONFIDENTIAL | 20
City of Gardena | Account #10645 | As of October 31, 2024 Execution Time: 11/04/2024 04:40:51 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH & EQUIVALENTS
31846V203 FIRST AMER:GVT OBLG Y
157,320.25
190,819.98
940,316.05
(973,815.78)
157,320.25

0.00 1,316.45

0.00 0.00

0.00 1,316.45
1,316.45
CCYUSD Receivable
1,379.26
1,316.45

0.00 0.00
1,379.26

0.00 0.00

0.00 Total Cash & Equivalents 158,699.51
192,136.43
940,316.05
(973,815.78)
158,699.51

0.00 1,316.45

0.00 0.00

0.00 1,316.45 1,316.45

FIXED INCOME
02582JJT8 AMXCA 2022-2 A 3.39
05/17/2027
05/17/2022
05/24/2022
185,000.00
184,988.12

0.00 0.00
184,989.75
278.73
522.63
278.73
522.63

1.63 0.00

1.63 524.26
524.26
02582JJZ4 AMXCA 2023-1 A 4.87
05/15/2026
06/07/2023
06/14/2023
125,000.00
124,992.06

0.00 0.00
124,992.48
270.56
507.29
270.56
507.29

0.42 0.00

0.42 507.71
507.71
02582JKD1 AMXCA 2023-3 A 5.23
09/15/2028
09/12/2023
09/19/2023
340,000.00
339,987.95

0.00 0.00
339,988.21
790.31
1,481.83
790.31
1,481.83

0.26 0.00

0.26 1,482.09
1,482.09
037833BY5 APPLE INC 3.25 02/23/2026
05/09/2023
05/11/2023
400,000.00
395,831.91

0.00 0.00
396,085.27
1,372.22

0.00 2,455.56
1,083.33
253.35

0.00 253.35
1,336.69
1,336.69
05593AAC3 BMWLT 2023-1 A3 5.16
11/25/2025
02/07/2023
02/15/2023
19,568.28
23,438.33

0.00 (3,870.28)
19,568.11

20.16 100.79

16.83 97.46

0.05 0.00

0.05 97.51

0.00 (14,059.77)
124,554.77

75.03 375.13

67.50 367.61
265.19

0.00 265.19
632.79
632.79
06368LGU4 BANK OF MONTREAL 5.2
12/12/2024
03/25/2024
03/27/2024
400,000.00
399,820.55

0.00 0.00
399,897.82
6,297.78

0.00 8,031.11
1,733.33

77.26 0.00

77.26 1,810.59
1,810.59
06428CAA2 BANK OF AMERICA NA 5.526
08/18/2026
09/19/2023
09/21/2023
300,000.00
299,532.98

0.00 0.00
299,554.08
1,980.15

0.00 3,361.65
1,381.50

21.10 0.00

21.10 1,402.60
1,402.60
14913UAL4

CATERPILLAR FINANCIAL
SERVICES CORP 5.0
05/14/2027
05/21/2024
05/23/2024
405,000.00
405,653.88

0.00 0.00
405,632.66
7,706.25

0.00 9,393.75
1,687.50

0.00 (21.23)
(21.23)
1,666.27
1,666.27
161571HT4 CHAIT 2023-1 A 5.16
09/15/2028
09/07/2023
09/15/2023
340,000.00
339,925.46

0.00 0.00
339,927.06
779.73
1,462.00
779.73
1,462.00

1.60 0.00

1.60 1,463.60
1,463.60
17275RBQ4 CISCO SYSTEMS INC 4.8
02/26/2027
02/21/2024
02/26/2024
170,000.00
169,822.96

0.00 0.00
169,829.21
793.33

0.00 1,473.33
680.00

6.25 0.00

6.25 686.25
686.25
20030NCS8 COMCAST CORP 3.95
10/15/2025
03/11/2024
03/13/2024
400,000.00
396,041.70

0.00 0.00
396,365.47
7,285.56
7,900.00
702.22
1,316.67
323.77

0.00 323.77
1,640.43
1,640.43
24422EWB1 JOHN DEERE CAPITAL CORP

2.125 03/07/2025
03/02/2022
03/07/2022
130,000.00
129,991.99

0.00 0.00
129,993.57
184.17

0.00 414.38
230.21

1.58 0.00

1.58 231.79
231.79
3130ATS57 FEDERAL HOME LOAN BANKS

4.5 03/10/2028
03/21/2023
03/22/2023
700,000.00
710,933.08

0.00 0.00
710,663.24
1,837.50

0.00 4,462.50
2,625.00

4.0 10/09/2026
10/21/2024
10/22/2024
600,000.00

0.00 599,994.00

0.00 599,994.08

0.00 (733.33)
1,333.33
600.00

0.08 0.00

0.08 600.09
600.09
3133ENKS8

FEDERAL FARM CREDIT
BANKS FUNDING CORP 1.125
01/06/2025 750,000.00
749,085.21

0.00 0.00
749,377.57
1,992.19

0.00 2,695.31
703.13
292.35

0.00 292.35
995.48
995.48
3133ENPG9

FEDERAL FARM CREDIT
BANKS FUNDING CORP 1.75
02/14/2025
02/10/2022
02/15/2022
415,000.00
414,862.38

0.00 0.00
414,893.75
948.16

0.00 1,553.37
605.21

31.37 0.00

31.37 636.58
636.58
3133EPN50

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.25
12/15/2028
12/28/2023
12/29/2023
650,000.00
658,959.72

0.00 0.00
658,778.89
8,134.03

0.00 10,436.11
2,302.08

0.00 (180.83)
(180.83)
2,121.26
2,121.26
3133ERFJ5

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.5
05/20/2027
05/23/2024
05/24/2024
330,000.00
327,651.32

0.00 0.00
327,727.08
5,403.75

0.00 6,641.25
1,237.50

75.76 0.00

75.76 1,313.26
1,313.26
3133ERGL9

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.5
06/07/2028
06/25/2024
06/26/2024
450,000.00
450,918.28

0.00 0.00
450,897.11
6,412.50

0.00 8,100.00
1,687.50

0.00 (21.16)
(21.16)
1,666.34
1,666.34
3135G06G3

FEDERAL NATIONAL
MORTGAGE ASSOCIATION 0.5
11/07/2025
11/18/2020
11/19/2020
350,000.00
349,920.11

0.00 0.00
349,926.27
700.00

0.00 845.83
145.83

6.16 0.00

6.16 151.99
151.99
3137BNGT5 FHMS K-054 A2 2.745
01/25/2026
02/15/2023
02/21/2023
500,000.00
488,973.03

0.00 0.00
489,721.03
1,143.75
1,143.75
1,143.75
1,143.75
748.00

0.00 748.00
1,891.75
1,891.75
3137BVZ82 FHMS K-063 A2 3.43
01/25/2027
02/06/2024
02/09/2024
320,000.00
312,787.09

0.00 0.00
313,059.11
914.67
914.67
914.67
914.67
272.02

0.00 0.00
478,661.58
1,435.00
1,435.00
1,435.00
1,435.00
587.99

0.00 587.99
2,022.99
2,022.99
3137FETN0 FHMS K-073 A2 3.35
01/25/2028
05/24/2023
05/30/2023
465,000.00
452,194.69

0.00 0.00
452,529.12
1,298.13
1,298.12
1,298.13
1,298.12
334.43

0.00 334.43
1,632.55
1,632.55
3137FHPJ6 FHMS K-080 A2 3.926
07/25/2028
01/23/2024
01/26/2024
325,000.00
318,920.26

0.00 0.00
319,057.93
1,063.29
1,063.29
1,063.29
1,063.29
137.67

0.00 137.67
1,200.96
1,200.96
3137FJEH8 FHMS K-081 A2 3.9
08/25/2028
09/15/2023
09/20/2023
155,000.00
149,829.15

0.00 0.00
149,943.65
503.75
503.75
503.75
503.75
114.50

0.00 114.50
618.25
618.25
3137FJKE8 FHMS K-082 A2 3.92
09/25/2028
09/20/2024
09/25/2024
220,000.00
220,573.38

0.00 0.00
220,560.95
718.67
718.67
718.67
718.67

0.00 (12.42)
(12.42)
706.25
706.25
3137FJXV6 FHMS K-083 A2 4.05
09/25/2028
12/07/2023
12/12/2023
297,000.00
291,013.72

0.00 0.00
291,143.40
1,002.38
1,002.38
1,002.38
1,002.38
129.68

0.00 129.68
1,132.06
1,132.06
3137FJZ93 FHMS K-084 A2 3.78
10/25/2028
10/20/2023
10/25/2023
240,000.00
226,888.07

0.00 0.00
227,166.29
756.00
756.00
756.00
756.00
278.21

0.00 278.21
1,034.21
1,034.21
3137H4BY5 FHMS K-746 A2 2.031
09/25/2028
10/03/2023
10/06/2023
315,000.00
279,842.94

0.00 0.00
280,604.55
533.14
533.14
533.14
533.14
761.61

0.00 761.61
1,294.75
1,294.75
341081GT8 FLORIDA POWER & LIGHT CO

5.15 06/15/2029
09/19/2024
09/20/2024
330,000.00
345,230.69

0.00 0.00
344,945.75
5,570.58

0.00 6,986.83
1,416.25

0.00 0.00
114,997.86
214.19
428.38
214.19
428.38

0.06 0.00

0.06 428.44
428.44
36265WAD5 GMCAR 2022-3 A3 3.64
04/16/2027
07/06/2022
07/13/2022
64,480.82
70,018.64

0.00 (5,538.03)
64,480.63
106.20
212.39

97.80 203.99

0.02 0.00

0.02 204.01
204.01
379929AD4 GMALT 2023-3 A3 5.38
11/20/2026
08/08/2023
08/16/2023
75,000.00
74,994.12

0.00 0.00
74,994.35
123.29
336.25
123.29
336.25

0.23 0.00

0.23 336.48
336.48
38014AAD3 GMCAR 2024-4 A3 4.27
08/16/2029
10/08/2024
10/16/2024
95,000.00

0.00 94,981.70

0.00 94,981.87

0.00 0.00
169.02
169.02

0.17 0.00

0.17 169.19
169.19
437076CR1 HOME DEPOT INC 4.0
09/15/2025
09/12/2022
09/19/2022
110,000.00
109,987.34

0.00 0.00
109,988.47
195.56

0.00 562.22
366.67

1.12 0.00

1.12 367.79
367.79
437076DC3 HOME DEPOT INC 4.75
06/25/2029 295,000.00
295,116.76

0.00 0.00
295,114.34
3,736.67

0.00 4,904.38
1,167.71

15.88 (18.30)
(2.42)
1,165.29
1,165.29
43815BAC4 HAROT 2022-1 A3 1.88
05/15/2026
02/15/2022
02/23/2022
67,752.14
75,807.40

0.00 (8,059.20)
67,748.80

63.34 118.77

56.61 112.04

0.60 0.00

0.60 112.64
112.64
43815GAC3 HAROT 2021-4 A3 0.88
01/21/2026
11/16/2021
11/24/2021
19,773.54
23,081.95

0.00 (3,309.76)
19,772.46

5.64 16.93

4.83 16.12

0.27 0.00

0.27 16.39

16.39 43815JAC7 HAROT 2023-1 A3 5.04
04/21/2027
02/16/2023
02/24/2023
70,000.00
69,992.04

0.00 0.00
69,992.31

98.00 294.00

0.26 0.00

0.00 (6,434.94)
66,879.30

98.75 227.89

90.08 219.22

0.22 0.00

0.22 219.44
219.44
438516CJ3 HONEYWELL INTERNATIONAL
INC 4.95 02/15/2028
02/13/2023
02/15/2023
400,000.00
406,002.99

0.00 0.00
405,848.04
2,530.00

0.00 4,180.00
1,650.00

0.00 (154.95)
(154.95)
1,495.05
1,495.05
448976AD2 HART 2024-C A3 4.41
05/15/2029
10/08/2024
10/16/2024
140,000.00

0.00 139,989.75

0.00 139,989.85

0.00 0.00
257.25
257.25

0.10 0.00

0.10 257.35
257.35
448979AD6 HART 2023-A A3 4.58
04/15/2027
04/04/2023
04/12/2023
155,000.00
154,990.43

0.00 0.00
154,990.75
315.51
591.58
315.51
591.58

0.32 0.00

0.32 591.90
591.90
44934QAD3 HART 2024-B A3 4.84
03/15/2029
07/16/2024
07/24/2024
90,000.00
89,986.97

0.00 0.00
89,987.22
193.60
363.00
193.60
363.00

0.25 0.00

0.25 363.25
363.25
459058KT9

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.5 07/12/2028
11/28/2023
11/30/2023
250,000.00
241,301.33

0.00 0.00
241,496.74
1,920.14

0.00 2,649.31
729.17
195.40

0.00 195.40
924.57
924.57
459058KW2

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 4.625 08/01/2028 250,000.00
247,123.55

0.00 0.00
247,187.24
1,927.08

0.00 2,890.63
963.54

63.69 0.00

63.69 1,027.23
1,027.23
459058LK7

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 4.0 08/27/2026
08/20/2024
08/27/2024
170,000.00
169,812.25

0.00 0.00
169,820.63
642.22

0.00 1,208.89
566.67

8.37 0.00

8.37 575.04
575.04
459058LN1

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.875 10/16/2029
10/08/2024
10/16/2024
300,000.00

0.00 299,217.00

0.00 299,223.86

0.00 0.00
484.38
484.38

6.86 0.00

0.00 160,054.25

0.00 (160,000.00)

0.00 1,008.33
1,100.80

0.00 92.47

0.00 (54.25)
(54.25)

38.21 38.21
46625HMN7 JPMORGAN CHASE & CO 3.9
07/15/2025
05/29/2024
05/30/2024
400,000.00
394,935.95

0.00 0.00
395,482.94
3,293.33

0.00 4,593.33
1,300.00
546.99

0.00 546.99
1,846.99
1,846.99
47787CAC7 JDOT 2023-C A3 5.48
05/15/2028
09/12/2023
09/19/2023
310,000.00
309,983.44

0.00 0.00
309,983.82
755.02
1,415.67
755.02
1,415.67

0.39 0.00

0.39 1,416.06
1,416.06
47787JAC2 JDOT 2022 A3 0.36
09/15/2026
03/10/2022
03/16/2022
50,170.31
55,414.48

0.00 (5,249.08)
50,166.06

57.14 107.14

51.73 101.73

0.66 0.00

0.66 102.39
102.39
47788UAC6 JDOT 2021 A3 0.36
09/15/2025
03/02/2021
03/10/2021

0.00 314.96

0.00 (314.96)

0.00 0.05

0.09 0.00

0.04 0.01

0.00 0.01

0.05 0.05
47789QAC4 JDOT 2021-B A3 0.52
03/16/2026
07/13/2021
07/21/2021
13,287.12
14,847.31

0.00 (1,560.43)
13,286.92

3.43 6.43

3.07 6.07

0.04 0.00

0.04 6.11

6.11 47800AAC4 JDOT 2022-B A3 3.74
02/16/2027
07/12/2022
07/20/2022
95,494.57
100,992.07

0.00 (5,501.65)
95,490.79
167.88
314.77
158.73
305.63

0.37 0.00

0.37 305.99
305.99
47800BAC2 JDOT 2022-C A3 5.09
06/15/2027
10/12/2022
10/19/2022
188,218.52
197,634.89

0.00 (9,424.39)
188,211.12
447.11
838.34
425.79
817.02

0.62 0.00

0.62 817.64
817.64
57636QAW4 MASTERCARD INC 4.875
03/09/2028
04/19/2023
04/21/2023
290,000.00
296,170.80

0.00 0.00
296,014.77
863.96

0.00 2,042.08
1,178.13

0.00 0.00
129,978.77

91.65 305.50
244.40
458.25

0.55 0.00

0.55 458.80
458.80
58770AAC7 MBART 2023-1 A3 4.51
11/15/2027
01/18/2023
01/25/2023
97,392.03
103,529.52

0.00 (6,145.33)
97,384.85
207.53
389.13
195.22
376.81

0.67 0.00

0.67 377.48
377.48
58933YBH7 MERCK & CO INC 4.05
05/17/2028
05/08/2023
05/17/2023
90,000.00
89,947.17

0.00 0.00
89,948.41
1,356.75

0.00 1,660.50
303.75

1.24 0.00

1.24 304.99
304.99
6174468C6 MORGAN STANLEY 4.0
07/23/2025
04/10/2024
04/12/2024
394,000.00
389,248.77

0.00 0.00
389,748.05
2,976.89

0.00 4,290.22
1,313.33
499.28

0.00 499.28
1,812.62
1,812.62
61747YET8 MORGAN STANLEY 4.679
07/17/2026
07/18/2022
07/20/2022
175,000.00
175,000.00

0.00 0.00
175,000.00
1,683.14

0.00 2,365.49
682.35

0.00 0.00

0.00 682.35
682.35
63743HFE7

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

3.45 06/15/2025
04/27/2022
05/04/2022
95,000.00
94,994.21

0.00 0.00
94,994.90
965.04

0.00 1,238.17
273.13

0.70 0.00

0.70 273.82
273.82
63743HFK3

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

5.6 11/13/2026
11/14/2023
11/16/2023
390,000.00
392,561.37

0.00 0.00
392,454.36
8,372.00

0.00 10,192.00
1,820.00

0.00 (107.01)
(107.01)
1,712.99
1,712.99
665859AW4 NORTHERN TRUST CORP 4.0
05/10/2027
10/05/2022
10/07/2022
450,000.00
442,572.16

0.00 0.00
442,814.28
7,050.00

0.00 8,550.00
1,500.00
242.13

0.00 242.13
1,742.13
1,742.13
69371RR57 PACCAR FINANCIAL CORP 0.9
11/08/2024
11/02/2021
11/08/2021
175,000.00
174,999.79

0.00 0.00
174,999.96
625.63

0.00 756.88
131.25

0.17 0.00

0.00 0.00
409,432.29
3,195.72

0.00 4,767.39
1,571.67

11.34 0.00

11.34 1,583.01
1,583.01
713448FX1 PEPSICO INC 4.5 07/17/2029
07/15/2024
07/17/2024
295,000.00
294,561.78

0.00 0.00
294,569.54
2,728.75

0.00 3,835.00
1,106.25

7.76 0.00

7.76 1,114.01
1,114.01
74456QBU9 PUBLIC SERVICE ELECTRIC
AND GAS CO 3.7 05/01/2028
09/06/2023
09/08/2023
300,000.00
286,743.49

0.00 0.00
287,057.68
4,625.00

0.00 5,550.00
925.00
314.18

0.00 314.18
1,239.18
1,239.18
78015K7C2 ROYAL BANK OF CANADA

2.25 11/01/2024 500,000.00
500,572.16

0.00 0.00
500,000.00
4,687.50

0.00 5,625.00
937.50

0.00 (572.16)
(572.16)
365.34
365.34
78016HZT0 ROYAL BANK OF CANADA

4.875 01/19/2027
01/10/2024
01/19/2024
150,000.00
149,971.26

0.00 0.00
149,972.32
1,462.50

0.00 2,071.88
609.38

1.06 0.00

1.06 610.44
610.44
857477BR3 STATE STREET CORP 1.746
02/06/2026
02/02/2022
02/07/2022
90,000.00
90,000.00

0.00 0.00
90,000.00
240.08

0.00 371.03
130.95

0.00 0.00

0.00 130.95
130.95
857477CL5 STATE STREET CORP 4.993
03/18/2027
03/13/2024
03/18/2024
365,000.00
365,000.00

0.00 0.00
365,000.00
658.11

0.00 2,176.81
1,518.70

0.00 0.00

0.00 1,518.70
1,518.70
89115A2V3 TORONTO-DOMINION BANK

5.264 12/11/2026
12/04/2023
12/11/2023
160,000.00
160,000.00

0.00 0.00
160,000.00
2,573.51

0.00 3,275.38
701.87

0.00 0.00

0.00 701.87
701.87
89115A2W1 TORONTO-DOMINION BANK

4.98 04/05/2027
04/08/2024
04/10/2024
400,000.00
397,855.38

0.00 0.00
397,927.96
9,738.67
9,960.00
1,438.67
1,660.00

72.58 0.00

0.00 0.00
402,666.05
7,575.00

0.00 9,258.33
1,683.33

0.00 (49.88)
(49.88)
1,633.46
1,633.46
89238FAD5 TAOT 2022-B A3 2.93
09/15/2026
04/07/2022
04/13/2022
57,290.83
62,830.68

0.00 (5,540.33)
57,290.42

81.82 153.41

74.61 146.20

0.06 0.00

0.06 146.26
146.26
89238JAC9 TAOT 2021-D A3 0.71
04/15/2026
11/09/2021
11/15/2021
16,108.45
18,705.87

0.00 (2,597.50)
16,108.38

5.90 11.07

5.08 10.25

0.02 0.00

0.02 10.27

10.27 89239TAD4 TAOT 2024-D A3 4.4
06/15/2029
10/10/2024
10/17/2024
105,000.00

0.00 104,994.14

0.00 104,994.19

0.00 0.00
179.67
179.67

0.05 0.00

0.05 179.72
179.72
912797KT3 UNITED STATES TREASURY
10/10/2024
05/29/2024
05/30/2024

0.00 449,411.96

0.00 (450,000.00)

0.00 0.00

0.00 588.04

0.00 588.04
588.04
588.04
912797KU0 UNITED STATES TREASURY
10/17/2024
04/18/2024
04/19/2024

0.00 448,967.50

0.00 (450,000.00)

0.00 0.00

0.00 1,032.50

0.00 1,032.50
1,032.50
1,032.50
9128283F5 UNITED STATES TREASURY

2.25 11/15/2027
12/20/2022
12/21/2022
800,000.00
764,096.37

0.00 0.00
765,072.70
6,798.91

0.00 8,315.22
1,516.30
976.33

0.00 976.33
2,492.63
2,492.63
9128284Z0 UNITED STATES TREASURY

2.75 08/31/2025 750,000.00
761,872.11

0.00 0.00
760,770.21
1,766.23

0.00 3,532.46
1,766.23

0.00 (1,101.90)
(1,101.90)
664.33
664.33
9128286L9 UNITED STATES TREASURY

2.25 03/31/2026
02/25/2022
02/28/2022
750,000.00
753,688.11

0.00 0.00
753,478.71

46.36 0.00
1,483.52
1,437.16

1.625 05/15/2026
10/14/2021
10/15/2021
250,000.00
252,525.24

0.00 0.00
252,392.78
1,534.48

0.00 1,876.70
342.22

0.00 (132.46)
(132.46)
209.76
209.76
912828U24 UNITED STATES TREASURY 2.0
11/15/2026
03/29/2022
03/30/2022
625,000.00
618,085.09

0.00 0.00
618,361.69
4,721.47

0.00 5,774.46
1,052.99
276.60

0.00 276.60
1,329.59
1,329.59
912828X88 UNITED STATES TREASURY

2.375 05/15/2027
06/09/2022
06/10/2022
350,000.00
343,980.40

0.00 0.00
344,175.60
3,139.78

0.00 3,840.01
700.24
195.20

0.00 195.20
895.43
895.43
912828YB0 UNITED STATES TREASURY

1.625 08/15/2029
09/24/2024
09/25/2024
150,000.00
137,584.84

0.00 0.00
137,801.18
311.31

0.00 516.64
205.33
216.34

0.00 216.34
421.67
421.67
912828YG9 UNITED STATES TREASURY

1.625 09/30/2026
12/28/2021
12/29/2021
300,000.00
302,224.32

0.00 0.00
302,129.74

13.39 0.00
428.57
415.18

0.00 (94.59)
(94.59)
320.59
320.59
912828Z52 UNITED STATES TREASURY

1.375 01/31/2025
02/17/2022
02/18/2022
750,000.00
749,187.68

0.00 0.00
749,394.09
1,737.43

0.00 2,606.15
868.72
206.41

0.00 206.41
1,075.13
1,075.13
912828ZF0 UNITED STATES TREASURY 0.5
03/31/2025
03/25/2021
03/29/2021
350,000.00
349,864.69

0.00 0.00
349,887.86

4.81 0.00
153.85
149.04

23.18 0.00

23.18 172.21
172.21
912828ZT0 UNITED STATES TREASURY

0.25 05/31/2025
02/25/2021
02/26/2021
365,000.00
364,167.91

0.00 0.00
364,274.50
306.66

0.00 383.95

77.29 106.59

0.00 106.59
183.88
183.88
91282CAZ4 UNITED STATES TREASURY

0.375 11/30/2025 750,000.00
745,688.63

0.00 0.00
746,003.11
945.18

0.00 1,183.40
238.22
314.48

0.75 11/15/2024
11/18/2021
11/19/2021
750,000.00
749,922.73

0.00 0.00
749,975.96
2,124.66

0.00 2,598.51
473.85

53.23 0.00

53.23 527.07
527.07
91282CEF4 UNITED STATES TREASURY 2.5
03/31/2027 750,000.00
742,982.18

0.00 0.00
743,220.99

51.51 0.00
1,648.35
1,596.84
238.81

0.00 238.81
1,835.65
1,835.65
91282CEH0 UNITED STATES TREASURY

2.625 04/15/2025
04/18/2024
04/19/2024
450,000.00
444,044.67

0.00 0.00
444,986.58
5,454.41
5,906.25
551.68
1,003.53
941.91

0.00 941.91
1,945.44
1,945.44
91282CEU1 UNITED STATES TREASURY

2.875 06/15/2025
07/30/2024
07/31/2024
500,000.00
493,092.24

0.00 0.00
493,925.47
4,241.80

0.00 5,459.36
1,217.55
833.23

0.00 833.23
2,050.79
2,050.79
91282CEY3 UNITED STATES TREASURY 3.0
07/15/2025
03/15/2024
03/18/2024
475,000.00
468,046.44

0.00 0.00
468,797.52
3,020.38

0.00 4,220.79
1,200.41
751.08

0.00 751.08
1,951.49
1,951.49
91282CFK2 UNITED STATES TREASURY 3.5
09/15/2025
03/15/2024
03/18/2024
475,000.00
468,951.38

0.00 0.00
469,488.65
734.81

0.00 2,158.49
1,423.69
537.27

0.00 537.27
1,960.96
1,960.96
91282CFM8 UNITED STATES TREASURY

4.125 09/30/2027
10/26/2022
10/27/2022
570,000.00
569,038.65

0.00 0.00
569,065.89

64.59 0.00
2,067.03
2,002.44

27.24 0.00

27.24 2,029.68
2,029.68
91282CFP1 UNITED STATES TREASURY

4.25 10/15/2025
06/23/2023
06/26/2023
550,000.00
548,191.61

0.00 0.00
548,339.53
10,793.37
11,687.50
1,091.69
1,985.82
147.92

0.00 147.92
2,133.73
2,133.73
91282CGC9 UNITED STATES TREASURY

3.875 12/31/2027
05/25/2023
05/26/2023
500,000.00
498,510.89

0.00 0.00
498,549.81
4,896.40

0.00 6,528.53
1,632.13

38.92 0.00

4.125 06/15/2026
08/26/2024
08/27/2024
475,000.00
476,422.87

0.00 0.00
476,351.95
5,781.76

0.00 7,441.34
1,659.58

0.00 (70.91)
(70.91)
1,588.67
1,588.67
91282CJC6 UNITED STATES TREASURY

4.625 10/15/2026
08/26/2024
08/27/2024
475,000.00
482,177.02

0.00 0.00
481,877.98
10,144.04
10,984.38
1,026.01
1,866.35

0.00 (299.04)
(299.04)
1,567.31
1,567.31
91282CJP7 UNITED STATES TREASURY

4.375 12/15/2026
12/27/2023
12/28/2023
300,000.00
302,160.23

0.00 0.00
302,077.04
3,872.95

0.00 4,984.63
1,111.68

0.00 (83.19)
(83.19)
1,028.49
1,028.49
931142ER0 WALMART INC 1.05
09/17/2026
09/08/2021
09/17/2021
40,000.00
39,970.35

0.00 0.00
39,971.64

16.33 0.00

51.33 35.00

1.28 0.00

1.28 36.28

36.28 931142EW9 WALMART INC 3.9
09/09/2025
09/06/2022
09/09/2022
80,000.00
79,982.47

0.00 0.00
79,984.06
190.67

0.00 450.67
260.00

1.58 0.00

1.58 261.58
261.58
Total Fixed Income 33,158,594.30
32,857,957.04
1,239,176.59
(1,137,605.65)
32,969,858.59
220,582.78
66,754.78
245,483.76
91,655.76
14,225.11
(3,894.50)
10,330.61
101,986.37 101,986.37
TOTAL PORTFOLIO 33,317,293.81
33,050,093.47
2,179,492.64
(2,111,421.43)
33,128,558.10
220,582.78
68,071.23
245,483.76
92,972.21
14,225.11
(3,894.50)
10,330.61
103,302.82 103,302.82
Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E CONFIDENTIAL | 33
City of Gardena | Account #10645 | As of October 31, 2024 Execution Time: 11/04/2024 04:40:51 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount NOVEMBER 2024
11/01/2024 Dividend 31846V203 0.00 1,379.26 1,379.26
11/01/2024 Coupon 74456QBU9 0.00 PUBLIC SERVICE ELECTRIC AND GAS CO 3.7 05/01/2028 5,550.00 5,550.00
11/01/2024 Maturity 78015K7C2 (500,000.00) ROYAL BANK OF CANADA 2.25 11/01/2024 500,000.00 500,000.00 11/01/2024 Coupon 78015K7C2 0.00 ROYAL BANK OF CANADA 2.25 11/01/2024 5,625.00 5,625.00 11/07/2024 Coupon 3135G06G3 350,000.00 FEDERAL NATIONAL MORTGAGE ASSOCIATION

0.5 11/07/2025 875.00 875.00
11/08/2024 Coupon 69371RR57 175,000.00 PACCAR FINANCIAL CORP 0.9 11/08/2024 787.50 787.50 11/08/2024 Final Maturity 69371RR57 175,000.00 PACCAR FINANCIAL CORP 0.9 11/08/2024 175,000.00 175,000.00 11/12/2024 Coupon 665859AW4 450,000.00 NORTHERN TRUST CORP 4.0 05/10/2027 9,000.00 9,000.00 11/13/2024 Coupon 63743HFK3 390,000.00 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 5.6 11/13/2026 10,920.00 10,920.00
11/14/2024 Coupon 14913UAL4 405,000.00 CATERPILLAR FINANCIAL SERVICES CORP 5.0 05/14/2027 10,125.00 10,125.00
11/15/2024 Coupon 02582JJT8 185,000.00 AMXCA 2022-2 A 3.39 05/17/2027 522.63 522.63 11/15/2024 Coupon 02582JJZ4 125,000.00 AMXCA 2023-1 A 4.87 05/15/2026 507.29 507.29 11/15/2024 Coupon 02582JKD1 340,000.00 AMXCA 2023-3 A 5.23 09/15/2028 1,481.83 1,481.83 11/15/2024 Coupon 161571HT4 340,000.00 CHAIT 2023-1 A 5.16 09/15/2028 1,462.00 1,462.00 11/15/2024 Coupon 43815BAC4 67,752.14 HAROT 2022-1 A3 1.88 05/15/2026 106.15 106.15 11/15/2024 Principal Paydown 43815BAC4 67,752.14 HAROT 2022-1 A3 1.88 05/15/2026 7,578.11 7,578.11 11/15/2024 Coupon 448976AD2 140,000.00 HART 2024-C A3 4.41 05/15/2029 498.48 498.48 11/15/2024 Coupon 448979AD6 155,000.00 HART 2023-A A3 4.58 04/15/2027 591.58 591.58 11/15/2024 Coupon 44934QAD3 90,000.00 HART 2024-B A3 4.84 03/15/2029 363.00 363.00 11/15/2024 Coupon 47787CAC7 310,000.00 JDOT 2023-C A3 5.48 05/15/2028 1,415.67 1,415.67 11/15/2024 Coupon 47787JAC2 50,170.31 JDOT 2022 A3 0.36 09/15/2026 93.08 93.08 11/15/2024 Principal Paydown 47787JAC2 50,170.31 JDOT 2022 A3 0.36 09/15/2026 6,592.71 6,592.71 11/15/2024 Coupon 47789QAC4 13,287.12 JDOT 2021-B A3 0.52 03/16/2026 5.61 5.61 11/15/2024 Principal Paydown 47789QAC4 13,287.12 JDOT 2021-B A3 0.52 03/16/2026 2,277.67 2,277.67 11/15/2024 Coupon 47800AAC4 95,494.57 JDOT 2022-B A3 3.74 02/16/2027 297.62 297.62 11/15/2024 Principal Paydown 47800AAC4 95,494.57 JDOT 2022-B A3 3.74 02/16/2027 6,812.32 6,812.32 11/15/2024 Coupon 47800BAC2 188,218.52 JDOT 2022-C A3 5.09 06/15/2027 798.36 798.36 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E CONFIDENTIAL | 34
City of Gardena | Account #10645 | As of October 31, 2024 Execution Time: 11/04/2024 04:40:51 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 11/15/2024 Principal Paydown 47800BAC2 188,218.52 JDOT 2022-C A3 5.09 06/15/2027 9,806.66 9,806.66 11/15/2024 Coupon 58769GAD5 130,000.00 MBALT 2024-B A3 4.23 02/15/2028 458.25 458.25 11/15/2024 Coupon 58770AAC7 97,392.03 MBART 2023-1 A3 4.51 11/15/2027 370.31 370.31 11/15/2024 Principal Paydown 58770AAC7 97,392.03 MBART 2023-1 A3 4.51 11/15/2027 5,576.74 5,576.74 11/15/2024 Coupon 89238FAD5 57,290.83 TAOT 2022-B A3 2.93 09/15/2026 138.17 138.17 11/15/2024 Principal Paydown 89238FAD5 57,290.83 TAOT 2022-B A3 2.93 09/15/2026 5,433.41 5,433.41 11/15/2024 Coupon 89238JAC9 16,108.45 TAOT 2021-D A3 0.71 04/15/2026 9.38 9.38 11/15/2024 Principal Paydown 89238JAC9 16,108.45 TAOT 2021-D A3 0.71 04/15/2026 2,658.87 2,658.87 11/15/2024 Coupon 89239TAD4 105,000.00 TAOT 2024-D A3 4.4 06/15/2029 365.05 365.05 11/15/2024 Coupon 9128283F5 800,000.00 UNITED STATES TREASURY 2.25 11/15/2027 9,000.00 9,000.00 11/15/2024 Coupon 912828R36 250,000.00 UNITED STATES TREASURY 1.625 05/15/2026 2,031.25 2,031.25 11/15/2024 Coupon 912828U24 625,000.00 UNITED STATES TREASURY 2.0 11/15/2026 6,250.00 6,250.00 11/15/2024 Coupon 912828X88 350,000.00 UNITED STATES TREASURY 2.375 05/15/2027 4,156.25 4,156.25 11/15/2024 Coupon 91282CDH1 750,000.00 UNITED STATES TREASURY 0.75 11/15/2024 2,812.50 2,812.50 11/15/2024 Final Maturity 91282CDH1 750,000.00 UNITED STATES TREASURY 0.75 11/15/2024 750,000.00 750,000.00 11/18/2024 Coupon 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 428.38 428.38 11/18/2024 Coupon 36265WAD5 64,480.82 GMCAR 2022-3 A3 3.64 04/16/2027 191.19 191.19 11/18/2024 Principal Paydown 36265WAD5 64,480.82 GMCAR 2022-3 A3 3.64 04/16/2027 5,044.65 5,044.65 11/18/2024 Coupon 38014AAD3 95,000.00 GMCAR 2024-4 A3 4.27 08/16/2029 338.04 338.04 11/18/2024 Coupon 43815PAC3 66,880.75 HAROT 2022-2 A3 3.73 07/20/2026 208.14 208.14 11/18/2024 Principal Paydown 43815PAC3 66,880.75 HAROT 2022-2 A3 3.73 07/20/2026 6,195.33 6,195.33 11/18/2024 Coupon 58933YBH7 90,000.00 MERCK & CO INC 4.05 05/17/2028 1,822.50 1,822.50 11/18/2024 Coupon 89236TMF9 400,000.00 TOYOTA MOTOR CREDIT CORP 5.05 05/16/2029 10,100.00 10,100.00 11/20/2024 Coupon 3133ERFJ5 330,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.5 05/20/2027 7,425.00 7,425.00
11/20/2024 Coupon 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 336.25 336.25 11/21/2024 Coupon 43815GAC3 19,773.54 HAROT 2021-4 A3 0.88 01/21/2026 14.50 14.50 11/21/2024 Principal Paydown 43815GAC3 19,773.54 HAROT 2021-4 A3 0.88 01/21/2026 3,103.94 3,103.94 11/21/2024 Coupon 43815JAC7 70,000.00 HAROT 2023-1 A3 5.04 04/21/2027 294.00 294.00 11/25/2024 Coupon 05593AAC3 19,568.28 BMWLT 2023-1 A3 5.16 11/25/2025 84.14 84.14 11/25/2024 Principal Paydown 05593AAC3 19,568.28 BMWLT 2023-1 A3 5.16 11/25/2025 5,319.47 5,319.47 11/25/2024 Coupon 05602RAD3 126,176.95 BMWOT 2022-A A3 3.21 08/25/2026 337.52 337.52 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E CONFIDENTIAL | 35
City of Gardena | Account #10645 | As of October 31, 2024 Execution Time: 11/04/2024 04:40:51 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 11/25/2024 Principal Paydown 05602RAD3 126,176.95 BMWOT 2022-A A3 3.21 08/25/2026 13,713.92 13,713.92 11/25/2024 Coupon 3137BNGT5 500,000.00 FHMS K-054 A2 2.745 01/25/2026 1,143.75 1,143.75 11/25/2024 Coupon 3137BVZ82 320,000.00 FHMS K-063 A2 3.43 01/25/2027 914.67 914.67 11/25/2024 Coupon 3137FEBQ2 500,000.00 FHMS K-072 A2 3.444 12/25/2027 1,435.00 1,435.00 11/25/2024 Coupon 3137FETN0 465,000.00 FHMS K-073 A2 3.35 01/25/2028 1,298.13 1,298.13 11/25/2024 Coupon 3137FHPJ6 325,000.00 FHMS K-080 A2 3.926 07/25/2028 1,063.29 1,063.29 11/25/2024 Coupon 3137FJEH8 155,000.00 FHMS K-081 A2 3.9 08/25/2028 503.75 503.75 11/25/2024 Coupon 3137FJKE8 220,000.00 FHMS K-082 A2 3.92 09/25/2028 718.67 718.67 11/25/2024 Coupon 3137FJXV6 297,000.00 FHMS K-083 A2 4.05 09/25/2028 1,002.38 1,002.38 11/25/2024 Coupon 3137FJZ93 240,000.00 FHMS K-084 A2 3.78 10/25/2028 756.00 756.00 11/25/2024 Coupon 3137H4BY5 315,000.00 FHMS K-746 A2 2.031 09/25/2028 533.14 533.14 November 2024
Total 1,506,493.07 107,565.39 1,614,058.45
DECEMBER 2024
12/02/2024 Coupon 912828ZT0 365,000.00 UNITED STATES TREASURY 0.25 05/31/2025 456.25 456.25 12/02/2024 Coupon 91282CAZ4 750,000.00 UNITED STATES TREASURY 0.375 11/30/2025 1,406.25 1,406.25 12/09/2024 Coupon 3133ERGL9 450,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.5 06/07/2028 10,125.00 10,125.00
12/11/2024 Coupon 89115A2V3 160,000.00 TORONTO-DOMINION BANK 5.264 12/11/2026 4,211.20 4,211.20 12/12/2024 Coupon 06368LGU4 400,000.00 BANK OF MONTREAL 5.2 12/12/2024 10,400.00 10,400.00 12/12/2024 Final Maturity 06368LGU4 400,000.00 BANK OF MONTREAL 5.2 12/12/2024 400,000.00 400,000.00 12/16/2024 Coupon 02582JJT8 185,000.00 AMXCA 2022-2 A 3.39 05/17/2027 522.63 522.63 12/16/2024 Coupon 02582JJZ4 125,000.00 AMXCA 2023-1 A 4.87 05/15/2026 507.29 507.29 12/16/2024 Coupon 02582JKD1 340,000.00 AMXCA 2023-3 A 5.23 09/15/2028 1,481.83 1,481.83 12/16/2024 Coupon 161571HT4 340,000.00 CHAIT 2023-1 A 5.16 09/15/2028 1,462.00 1,462.00 12/16/2024 Coupon 3133EPN50 650,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.25 12/15/2028 13,812.50 13,812.50
12/16/2024 Coupon 341081GT8 330,000.00 FLORIDA POWER & LIGHT CO 5.15 06/15/2029 9,064.00 9,064.00 12/16/2024 Coupon 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 428.38 428.38 12/16/2024 Coupon 36265WAD5 64,480.82 GMCAR 2022-3 A3 3.64 04/16/2027 175.89 175.89 12/16/2024 Principal Paydown 36265WAD5 64,480.82 GMCAR 2022-3 A3 3.64 04/16/2027 4,750.82 4,750.82 12/16/2024 Coupon 38014AAD3 95,000.00 GMCAR 2024-4 A3 4.27 08/16/2029 338.04 338.04 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E CONFIDENTIAL | 36
City of Gardena | Account #10645 | As of October 31, 2024 Execution Time: 11/04/2024 04:40:51 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 12/16/2024 Coupon 43815BAC4 67,752.14 HAROT 2022-1 A3 1.88 05/15/2026 94.27 94.27 12/16/2024 Principal Paydown 43815BAC4 67,752.14 HAROT 2022-1 A3 1.88 05/15/2026 7,230.01 7,230.01 12/16/2024 Coupon 448976AD2 140,000.00 HART 2024-C A3 4.41 05/15/2029 515.67 515.67 12/16/2024 Coupon 448979AD6 155,000.00 HART 2023-A A3 4.58 04/15/2027 591.58 591.58 12/16/2024 Principal Paydown 448979AD6 155,000.00 HART 2023-A A3 4.58 04/15/2027 8,969.46 8,969.46 12/16/2024 Coupon 44934QAD3 90,000.00 HART 2024-B A3 4.84 03/15/2029 363.00 363.00 12/16/2024 Coupon 47787CAC7 310,000.00 JDOT 2023-C A3 5.48 05/15/2028 1,415.67 1,415.67 12/16/2024 Coupon 47787JAC2 50,170.31 JDOT 2022 A3 0.36 09/15/2026 80.33 80.33 12/16/2024 Principal Paydown 47787JAC2 50,170.31 JDOT 2022 A3 0.36 09/15/2026 4,703.48 4,703.48 12/16/2024 Coupon 47789QAC4 13,287.12 JDOT 2021-B A3 0.52 03/16/2026 4.62 4.62 12/16/2024 Principal Paydown 47789QAC4 13,287.12 JDOT 2021-B A3 0.52 03/16/2026 1,621.05 1,621.05 12/16/2024 Coupon 47800AAC4 95,494.57 JDOT 2022-B A3 3.74 02/16/2027 276.39 276.39 12/16/2024 Principal Paydown 47800AAC4 95,494.57 JDOT 2022-B A3 3.74 02/16/2027 5,409.08 5,409.08 12/16/2024 Coupon 47800BAC2 188,218.52 JDOT 2022-C A3 5.09 06/15/2027 756.76 756.76 12/16/2024 Principal Paydown 47800BAC2 188,218.52 JDOT 2022-C A3 5.09 06/15/2027 8,246.12 8,246.12 12/16/2024 Coupon 58769GAD5 130,000.00 MBALT 2024-B A3 4.23 02/15/2028 458.25 458.25 12/16/2024 Coupon 58770AAC7 97,392.03 MBART 2023-1 A3 4.51 11/15/2027 349.35 349.35 12/16/2024 Principal Paydown 58770AAC7 97,392.03 MBART 2023-1 A3 4.51 11/15/2027 5,238.87 5,238.87 12/16/2024 Coupon 63743HFE7 95,000.00 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 3.45 06/15/2025 1,638.75 1,638.75
12/16/2024 Coupon 89238FAD5 57,290.83 TAOT 2022-B A3 2.93 09/15/2026 124.91 124.91 12/16/2024 Principal Paydown 89238FAD5 57,290.83 TAOT 2022-B A3 2.93 09/15/2026 5,171.66 5,171.66 12/16/2024 Coupon 89238JAC9 16,108.45 TAOT 2021-D A3 0.71 04/15/2026 7.80 7.80 12/16/2024 Principal Paydown 89238JAC9 16,108.45 TAOT 2021-D A3 0.71 04/15/2026 2,423.06 2,423.06 12/16/2024 Coupon 89239TAD4 105,000.00 TAOT 2024-D A3 4.4 06/15/2029 391.13 391.13 12/16/2024 Coupon 91282CEU1 500,000.00 UNITED STATES TREASURY 2.875 06/15/2025 7,187.50 7,187.50 12/16/2024 Coupon 91282CHH7 475,000.00 UNITED STATES TREASURY 4.125 06/15/2026 9,796.88 9,796.88 12/16/2024 Coupon 91282CJP7 300,000.00 UNITED STATES TREASURY 4.375 12/15/2026 6,562.50 6,562.50 12/18/2024 Coupon 43815PAC3 66,880.75 HAROT 2022-2 A3 3.73 07/20/2026 188.88 188.88 12/18/2024 Principal Paydown 43815PAC3 66,880.75 HAROT 2022-2 A3 3.73 07/20/2026 5,888.09 5,888.09 12/20/2024 Coupon 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 336.25 336.25 12/23/2024 Coupon 43815GAC3 19,773.54 HAROT 2021-4 A3 0.88 01/21/2026 12.22 12.22 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E CONFIDENTIAL | 37
City of Gardena | Account #10645 | As of October 31, 2024 Execution Time: 11/04/2024 04:40:51 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 12/23/2024 Principal Paydown 43815GAC3 19,773.54 HAROT 2021-4 A3 0.88 01/21/2026 2,967.78 2,967.78 12/23/2024 Coupon 43815JAC7 70,000.00 HAROT 2023-1 A3 5.04 04/21/2027 294.00 294.00 12/23/2024 Principal Paydown 43815JAC7 70,000.00 HAROT 2023-1 A3 5.04 04/21/2027 3,036.41 3,036.41 12/25/2024 Coupon 05593AAC3 19,568.28 BMWLT 2023-1 A3 5.16 11/25/2025 61.27 61.27 12/25/2024 Principal Paydown 05593AAC3 19,568.28 BMWLT 2023-1 A3 5.16 11/25/2025 5,481.67 5,481.67 12/25/2024 Coupon 05602RAD3 126,176.95 BMWOT 2022-A A3 3.21 08/25/2026 300.84 300.84 12/25/2024 Principal Paydown 05602RAD3 126,176.95 BMWOT 2022-A A3 3.21 08/25/2026 12,992.98 12,992.98 12/25/2024 Coupon 3137BNGT5 500,000.00 FHMS K-054 A2 2.745 01/25/2026 1,143.75 1,143.75 12/25/2024 Coupon 3137BVZ82 320,000.00 FHMS K-063 A2 3.43 01/25/2027 914.67 914.67 12/25/2024 Coupon 3137FEBQ2 500,000.00 FHMS K-072 A2 3.444 12/25/2027 1,435.00 1,435.00 12/25/2024 Coupon 3137FETN0 465,000.00 FHMS K-073 A2 3.35 01/25/2028 1,298.13 1,298.13 12/25/2024 Coupon 3137FHPJ6 325,000.00 FHMS K-080 A2 3.926 07/25/2028 1,063.29 1,063.29 12/25/2024 Coupon 3137FJEH8 155,000.00 FHMS K-081 A2 3.9 08/25/2028 503.75 503.75 12/25/2024 Coupon 3137FJKE8 220,000.00 FHMS K-082 A2 3.92 09/25/2028 718.67 718.67 12/25/2024 Coupon 3137FJXV6 297,000.00 FHMS K-083 A2 4.05 09/25/2028 1,002.38 1,002.38 12/25/2024 Coupon 3137FJZ93 240,000.00 FHMS K-084 A2 3.78 10/25/2028 756.00 756.00 12/25/2024 Coupon 3137H4BY5 315,000.00 FHMS K-746 A2 2.031 09/25/2028 533.14 533.14 12/26/2024 Coupon 437076DC3 295,000.00 HOME DEPOT INC 4.75 06/25/2029 7,006.25 7,006.25 12/31/2024 Coupon 91282CGC9 500,000.00 UNITED STATES TREASURY 3.875 12/31/2027 9,687.50 9,687.50 December 2024
Total 484,130.53 112,262.59 596,393.12
JANUARY 2025
01/06/2025 Coupon 3133ENKS8 750,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

1.125 01/06/2025 4,218.75 4,218.75
01/06/2025 Final Maturity 3133ENKS8 750,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 01/15/2025 Coupon 43815BAC4 67,752.14 HAROT 2022-1 A3 1.88 05/15/2026 82.95 82.95 01/15/2025 Principal Paydown 43815BAC4 67,752.14 HAROT 2022-1 A3 1.88 05/15/2026 7,063.04 7,063.04 01/15/2025 Coupon 448976AD2 140,000.00 HART 2024-C A3 4.41 05/15/2029 515.67 515.67 01/15/2025 Coupon 448979AD6 155,000.00 HART 2023-A A3 4.58 04/15/2027 557.35 557.35 01/15/2025 Principal Paydown 448979AD6 155,000.00 HART 2023-A A3 4.58 04/15/2027 10,410.28 10,410.28 01/15/2025 Coupon 44934QAD3 90,000.00 HART 2024-B A3 4.84 03/15/2029 363.00 363.00 01/15/2025 Coupon 46625HMN7 400,000.00 JPMORGAN CHASE & CO 3.9 07/15/2025 7,800.00 7,800.00 01/15/2025 Coupon 47787CAC7 310,000.00 JDOT 2023-C A3 5.48 05/15/2028 1,415.67 1,415.67 01/15/2025 Coupon 47787JAC2 50,170.31 JDOT 2022 A3 0.36 09/15/2026 71.24 71.24 01/15/2025 Principal Paydown 47787JAC2 50,170.31 JDOT 2022 A3 0.36 09/15/2026 5,517.49 5,517.49 01/15/2025 Coupon 47789QAC4 13,287.12 JDOT 2021-B A3 0.52 03/16/2026 3.92 3.92 01/15/2025 Principal Paydown 47789QAC4 13,287.12 JDOT 2021-B A3 0.52 03/16/2026 2,925.19 2,925.19 01/15/2025 Coupon 47800AAC4 95,494.57 JDOT 2022-B A3 3.74 02/16/2027 259.53 259.53 01/15/2025 Principal Paydown 47800AAC4 95,494.57 JDOT 2022-B A3 3.74 02/16/2027 8,466.49 8,466.49 01/15/2025 Coupon 47800BAC2 188,218.52 JDOT 2022-C A3 5.09 06/15/2027 721.79 721.79 01/15/2025 Principal Paydown 47800BAC2 188,218.52 JDOT 2022-C A3 5.09 06/15/2027 13,047.38 13,047.38 01/15/2025 Coupon 58769GAD5 130,000.00 MBALT 2024-B A3 4.23 02/15/2028 458.25 458.25 01/15/2025 Coupon 58770AAC7 97,392.03 MBART 2023-1 A3 4.51 11/15/2027 329.66 329.66 01/15/2025 Principal Paydown 58770AAC7 97,392.03 MBART 2023-1 A3 4.51 11/15/2027 5,117.10 5,117.10 01/15/2025 Coupon 89238FAD5 57,290.83 TAOT 2022-B A3 2.93 09/15/2026 112.28 112.28 01/15/2025 Principal Paydown 89238FAD5 57,290.83 TAOT 2022-B A3 2.93 09/15/2026 5,055.96 5,055.96 01/15/2025 Coupon 89238JAC9 16,108.45 TAOT 2021-D A3 0.71 04/15/2026 6.37 6.37 01/15/2025 Principal Paydown 89238JAC9 16,108.45 TAOT 2021-D A3 0.71 04/15/2026 2,357.50 2,357.50 01/15/2025 Coupon 89239TAD4 105,000.00 TAOT 2024-D A3 4.4 06/15/2029 391.13 391.13 01/15/2025 Coupon 91282CEY3 475,000.00 UNITED STATES TREASURY 3.0 07/15/2025 7,125.00 7,125.00 01/16/2025 Coupon 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 428.38 428.38 01/16/2025 Coupon 36265WAD5 64,480.82 GMCAR 2022-3 A3 3.64 04/16/2027 161.48 161.48 01/16/2025 Principal Paydown 36265WAD5 64,480.82 GMCAR 2022-3 A3 3.64 04/16/2027 4,651.35 4,651.35 01/16/2025 Coupon 38014AAD3 95,000.00 GMCAR 2024-4 A3 4.27 08/16/2029 338.04 338.04 01/17/2025 Coupon 61747YET8 175,000.00 MORGAN STANLEY 4.679 07/17/2026 4,094.13 4,094.13 01/17/2025 Coupon 713448FX1 295,000.00 PEPSICO INC 4.5 07/17/2029 6,637.50 6,637.50 01/20/2025 Coupon 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 336.25 336.25 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E CONFIDENTIAL | 39
City of Gardena | Account #10645 | As of October 31, 2024 Execution Time: 11/04/2024 04:40:51 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 01/20/2025 Coupon 43815PAC3 66,880.75 HAROT 2022-2 A3 3.73 07/20/2026 170.58 170.58 01/20/2025 Principal Paydown 43815PAC3 66,880.75 HAROT 2022-2 A3 3.73 07/20/2026 5,762.07 5,762.07 01/21/2025 Coupon 43815GAC3 19,773.54 HAROT 2021-4 A3 0.88 01/21/2026 10.05 10.05 01/21/2025 Principal Paydown 43815GAC3 19,773.54 HAROT 2021-4 A3 0.88 01/21/2026 2,896.44 2,896.44 01/21/2025 Coupon 43815JAC7 70,000.00 HAROT 2023-1 A3 5.04 04/21/2027 281.25 281.25 01/21/2025 Principal Paydown 43815JAC7 70,000.00 HAROT 2023-1 A3 5.04 04/21/2027 4,591.43 4,591.43 01/21/2025 Coupon 78016HZT0 150,000.00 ROYAL BANK OF CANADA 4.875 01/19/2027 3,656.25 3,656.25 01/23/2025 Coupon 6174468C6 394,000.00 MORGAN STANLEY 4.0 07/23/2025 7,880.00 7,880.00 01/27/2025 Coupon 05593AAC3 19,568.28 BMWLT 2023-1 A3 5.16 11/25/2025 37.70 37.70 01/27/2025 Principal Paydown 05593AAC3 19,568.28 BMWLT 2023-1 A3 5.16 11/25/2025 5,188.42 5,188.42 01/27/2025 Coupon 05602RAD3 126,176.95 BMWOT 2022-A A3 3.21 08/25/2026 266.08 266.08 01/27/2025 Principal Paydown 05602RAD3 126,176.95 BMWOT 2022-A A3 3.21 08/25/2026 12,658.56 12,658.56 01/27/2025 Coupon 3137BNGT5 500,000.00 FHMS K-054 A2 2.745 01/25/2026 1,143.75 1,143.75 01/27/2025 Principal Paydown 3137BNGT5 500,000.00 FHMS K-054 A2 2.745 01/25/2026 12,125.20 12,125.20 01/27/2025 Coupon 3137BVZ82 320,000.00 FHMS K-063 A2 3.43 01/25/2027 914.67 914.67 01/27/2025 Coupon 3137FEBQ2 500,000.00 FHMS K-072 A2 3.444 12/25/2027 1,435.00 1,435.00 01/27/2025 Coupon 3137FETN0 465,000.00 FHMS K-073 A2 3.35 01/25/2028 1,298.13 1,298.13 01/27/2025 Coupon 3137FHPJ6 325,000.00 FHMS K-080 A2 3.926 07/25/2028 1,063.29 1,063.29 01/27/2025 Coupon 3137FJEH8 155,000.00 FHMS K-081 A2 3.9 08/25/2028 503.75 503.75 01/27/2025 Coupon 3137FJKE8 220,000.00 FHMS K-082 A2 3.92 09/25/2028 718.67 718.67 01/27/2025 Coupon 3137FJXV6 297,000.00 FHMS K-083 A2 4.05 09/25/2028 1,002.38 1,002.38 01/27/2025 Coupon 3137FJZ93 240,000.00 FHMS K-084 A2 3.78 10/25/2028 756.00 756.00 01/27/2025 Coupon 3137H4BY5 315,000.00 FHMS K-746 A2 2.031 09/25/2028 533.14 533.14 01/31/2025 Coupon 69371RS80 410,000.00 PACCAR FINANCIAL CORP 4.6 01/31/2029 9,430.00 9,430.00 01/31/2025 Coupon 912828Z52 750,000.00 UNITED STATES TREASURY 1.375 01/31/2025 5,156.25 5,156.25 01/31/2025 Final Maturity 912828Z52 750,000.00 UNITED STATES TREASURY 1.375 01/31/2025 750,000.00 750,000.00 January 2025 Total 1,607,833.90 81,033.98 1,688,867.87
FEBRUARY 2025
02/03/2025 Coupon 459058KW2 250,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 4.625 08/01/2028 5,781.25 5,781.25
02/06/2025 Coupon 857477BR3 90,000.00 STATE STREET CORP 1.746 02/06/2026 785.70 785.70 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E CONFIDENTIAL | 40
City of Gardena | Account #10645 | As of October 31, 2024 Execution Time: 11/04/2024 04:40:51 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 02/14/2025 Coupon 3133ENPG9 415,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

1.75 02/14/2025 3,631.25 3,631.25
02/14/2025 Final Maturity 3133ENPG9 415,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

1.75 02/14/2025 415,000.00 415,000.00
02/17/2025 Coupon 161571HT4 340,000.00 CHAIT 2023-1 A 5.16 09/15/2028 1,462.00 1,462.00 02/17/2025 Coupon 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 428.38 428.38 02/17/2025 Principal Paydown 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 5,113.58 5,113.58 02/17/2025 Coupon 36265WAD5 64,480.82 GMCAR 2022-3 A3 3.64 04/16/2027 147.37 147.37 02/17/2025 Principal Paydown 36265WAD5 64,480.82 GMCAR 2022-3 A3 3.64 04/16/2027 4,584.61 4,584.61 02/17/2025 Coupon 38014AAD3 95,000.00 GMCAR 2024-4 A3 4.27 08/16/2029 338.04 338.04 02/17/2025 Coupon 43815BAC4 67,752.14 HAROT 2022-1 A3 1.88 05/15/2026 71.88 71.88 02/17/2025 Principal Paydown 43815BAC4 67,752.14 HAROT 2022-1 A3 1.88 05/15/2026 6,932.18 6,932.18 02/17/2025 Coupon 448976AD2 140,000.00 HART 2024-C A3 4.41 05/15/2029 515.67 515.67 02/17/2025 Coupon 448979AD6 155,000.00 HART 2023-A A3 4.58 04/15/2027 517.62 517.62 02/17/2025 Principal Paydown 448979AD6 155,000.00 HART 2023-A A3 4.58 04/15/2027 10,238.64 10,238.64 02/17/2025 Coupon 44934QAD3 90,000.00 HART 2024-B A3 4.84 03/15/2029 363.00 363.00 02/17/2025 Coupon 47787CAC7 310,000.00 JDOT 2023-C A3 5.48 05/15/2028 1,415.67 1,415.67 02/17/2025 Coupon 47787JAC2 50,170.31 JDOT 2022 A3 0.36 09/15/2026 60.57 60.57 02/17/2025 Principal Paydown 47787JAC2 50,170.31 JDOT 2022 A3 0.36 09/15/2026 4,173.80 4,173.80 02/17/2025 Coupon 47789QAC4 13,287.12 JDOT 2021-B A3 0.52 03/16/2026 2.65 2.65 02/17/2025 Principal Paydown 47789QAC4 13,287.12 JDOT 2021-B A3 0.52 03/16/2026 2,593.18 2,593.18 02/17/2025 Coupon 47800AAC4 95,494.57 JDOT 2022-B A3 3.74 02/16/2027 233.15 233.15 02/17/2025 Principal Paydown 47800AAC4 95,494.57 JDOT 2022-B A3 3.74 02/16/2027 6,983.78 6,983.78 02/17/2025 Coupon 47800BAC2 188,218.52 JDOT 2022-C A3 5.09 06/15/2027 666.44 666.44 02/17/2025 Principal Paydown 47800BAC2 188,218.52 JDOT 2022-C A3 5.09 06/15/2027 11,365.49 11,365.49 02/17/2025 Coupon 58770AAC7 97,392.03 MBART 2023-1 A3 4.51 11/15/2027 310.43 310.43 02/17/2025 Principal Paydown 58770AAC7 97,392.03 MBART 2023-1 A3 4.51 11/15/2027 5,037.18 5,037.18 02/17/2025 Coupon 89238FAD5 57,290.83 TAOT 2022-B A3 2.93 09/15/2026 99.93 99.93 02/17/2025 Principal Paydown 89238FAD5 57,290.83 TAOT 2022-B A3 2.93 09/15/2026 4,761.69 4,761.69 02/17/2025 Coupon 89238JAC9 16,108.45 TAOT 2021-D A3 0.71 04/15/2026 4.97 4.97 02/17/2025 Principal Paydown 89238JAC9 16,108.45 TAOT 2021-D A3 0.71 04/15/2026 2,311.40 2,311.40 02/17/2025 Coupon 89239TAD4 105,000.00 TAOT 2024-D A3 4.4 06/15/2029 391.13 391.13 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E CONFIDENTIAL | 41
City of Gardena | Account #10645 | As of October 31, 2024 Execution Time: 11/04/2024 04:40:51 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 02/18/2025 Coupon 02582JJT8 185,000.00 AMXCA 2022-2 A 3.39 05/17/2027 522.63 522.63 02/18/2025 Coupon 02582JJZ4 125,000.00 AMXCA 2023-1 A 4.87 05/15/2026 507.29 507.29 02/18/2025 Coupon 02582JKD1 340,000.00 AMXCA 2023-3 A 5.23 09/15/2028 1,481.83 1,481.83 02/18/2025 Coupon 06428CAA2 300,000.00 BANK OF AMERICA NA 5.526 08/18/2026 8,289.00 8,289.00 02/18/2025 Coupon 43815PAC3 66,880.75 HAROT 2022-2 A3 3.73 07/20/2026 152.67 152.67 02/18/2025 Principal Paydown 43815PAC3 66,880.75 HAROT 2022-2 A3 3.73 07/20/2026 5,648.85 5,648.85 02/18/2025 Coupon 438516CJ3 400,000.00 HONEYWELL INTERNATIONAL INC 4.95 02/15/2028 9,900.00 9,900.00
02/18/2025 Coupon 58769GAD5 130,000.00 MBALT 2024-B A3 4.23 02/15/2028 458.25 458.25 02/18/2025 Coupon 912828YB0 150,000.00 UNITED STATES TREASURY 1.625 08/15/2029 1,218.75 1,218.75 02/20/2025 Coupon 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 336.25 336.25 02/21/2025 Coupon 43815GAC3 19,773.54 HAROT 2021-4 A3 0.88 01/21/2026 7.92 7.92 02/21/2025 Principal Paydown 43815GAC3 19,773.54 HAROT 2021-4 A3 0.88 01/21/2026 2,840.34 2,840.34 02/21/2025 Coupon 43815JAC7 70,000.00 HAROT 2023-1 A3 5.04 04/21/2027 261.96 261.96 02/21/2025 Principal Paydown 43815JAC7 70,000.00 HAROT 2023-1 A3 5.04 04/21/2027 4,519.92 4,519.92 02/24/2025 Coupon 037833BY5 400,000.00 APPLE INC 3.25 02/23/2026 6,500.00 6,500.00 02/25/2025 Coupon 05593AAC3 19,568.28 BMWLT 2023-1 A3 5.16 11/25/2025 15.39 15.39 02/25/2025 Effective Maturity 05593AAC3 19,568.28 BMWLT 2023-1 A3 5.16 11/25/2025 3,578.72 3,578.72 02/25/2025 Coupon 05602RAD3 126,176.95 BMWOT 2022-A A3 3.21 08/25/2026 232.22 232.22 02/25/2025 Principal Paydown 05602RAD3 126,176.95 BMWOT 2022-A A3 3.21 08/25/2026 11,597.45 11,597.45 02/25/2025 Coupon 3137BNGT5 500,000.00 FHMS K-054 A2 2.745 01/25/2026 1,116.01 1,116.01 02/25/2025 Principal Paydown 3137BNGT5 500,000.00 FHMS K-054 A2 2.745 01/25/2026 877.47 877.47 02/25/2025 Coupon 3137BVZ82 320,000.00 FHMS K-063 A2 3.43 01/25/2027 914.67 914.67 02/25/2025 Coupon 3137FEBQ2 500,000.00 FHMS K-072 A2 3.444 12/25/2027 1,435.00 1,435.00 02/25/2025 Coupon 3137FETN0 465,000.00 FHMS K-073 A2 3.35 01/25/2028 1,298.13 1,298.13 02/25/2025 Coupon 3137FHPJ6 325,000.00 FHMS K-080 A2 3.926 07/25/2028 1,063.29 1,063.29 02/25/2025 Coupon 3137FJEH8 155,000.00 FHMS K-081 A2 3.9 08/25/2028 503.75 503.75 02/25/2025 Coupon 3137FJKE8 220,000.00 FHMS K-082 A2 3.92 09/25/2028 718.67 718.67 02/25/2025 Coupon 3137FJXV6 297,000.00 FHMS K-083 A2 4.05 09/25/2028 1,002.38 1,002.38 02/25/2025 Coupon 3137FJZ93 240,000.00 FHMS K-084 A2 3.78 10/25/2028 756.00 756.00 02/25/2025 Coupon 3137H4BY5 315,000.00 FHMS K-746 A2 2.031 09/25/2028 533.14 533.14 02/26/2025 Coupon 17275RBQ4 170,000.00 CISCO SYSTEMS INC 4.8 02/26/2027 4,080.00 4,080.00 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E CONFIDENTIAL | 42
City of Gardena | Account #10645 | As of October 31, 2024 Execution Time: 11/04/2024 04:40:51 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 02/27/2025 Coupon 459058LK7 170,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 4.0 08/27/2026 3,400.00 3,400.00
02/28/2025 Coupon 9128284Z0 750,000.00 UNITED STATES TREASURY 2.75 08/31/2025 10,312.50 10,312.50 February 2025
Total 508,158.26 74,244.78 582,403.04
MARCH 2025
03/07/2025 Coupon 24422EWB1 130,000.00 JOHN DEERE CAPITAL CORP 2.125 03/07/2025 1,381.25 1,381.25 03/07/2025 Final Maturity 24422EWB1 130,000.00 JOHN DEERE CAPITAL CORP 2.125 03/07/2025 130,000.00 130,000.00 03/10/2025 Coupon 3130ATS57 700,000.00 FEDERAL HOME LOAN BANKS 4.5 03/10/2028 15,750.00 15,750.00 03/10/2025 Coupon 57636QAW4 290,000.00 MASTERCARD INC 4.875 03/09/2028 7,068.75 7,068.75 03/10/2025 Coupon 931142EW9 80,000.00 WALMART INC 3.9 09/09/2025 1,560.00 1,560.00 03/17/2025 Coupon 02582JJT8 185,000.00 AMXCA 2022-2 A 3.39 05/17/2027 522.63 522.63 03/17/2025 Coupon 02582JJZ4 125,000.00 AMXCA 2023-1 A 4.87 05/15/2026 507.29 507.29 03/17/2025 Coupon 02582JKD1 340,000.00 AMXCA 2023-3 A 5.23 09/15/2028 1,481.83 1,481.83 03/17/2025 Coupon 161571HT4 340,000.00 CHAIT 2023-1 A 5.16 09/15/2028 1,462.00 1,462.00 03/17/2025 Coupon 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 409.33 409.33 03/17/2025 Principal Paydown 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 5,438.05 5,438.05 03/17/2025 Coupon 36265WAD5 64,480.82 GMCAR 2022-3 A3 3.64 04/16/2027 133.46 133.46 03/17/2025 Principal Paydown 36265WAD5 64,480.82 GMCAR 2022-3 A3 3.64 04/16/2027 4,225.03 4,225.03 03/17/2025 Coupon 38014AAD3 95,000.00 GMCAR 2024-4 A3 4.27 08/16/2029 338.04 338.04 03/17/2025 Coupon 437076CR1 110,000.00 HOME DEPOT INC 4.0 09/15/2025 2,200.00 2,200.00 03/17/2025 Coupon 43815BAC4 67,752.14 HAROT 2022-1 A3 1.88 05/15/2026 61.02 61.02 03/17/2025 Principal Paydown 43815BAC4 67,752.14 HAROT 2022-1 A3 1.88 05/15/2026 6,713.54 6,713.54 03/17/2025 Coupon 448976AD2 140,000.00 HART 2024-C A3 4.41 05/15/2029 515.67 515.67 03/17/2025 Coupon 448979AD6 155,000.00 HART 2023-A A3 4.58 04/15/2027 478.54 478.54 03/17/2025 Principal Paydown 448979AD6 155,000.00 HART 2023-A A3 4.58 04/15/2027 9,884.94 9,884.94 03/17/2025 Coupon 44934QAD3 90,000.00 HART 2024-B A3 4.84 03/15/2029 363.00 363.00 03/17/2025 Coupon 47787CAC7 310,000.00 JDOT 2023-C A3 5.48 05/15/2028 1,415.67 1,415.67 03/17/2025 Coupon 47787JAC2 50,170.31 JDOT 2022 A3 0.36 09/15/2026 52.50 52.50 03/17/2025 Principal Paydown 47787JAC2 50,170.31 JDOT 2022 A3 0.36 09/15/2026 3,410.00 3,410.00 03/17/2025 Coupon 47789QAC4 13,287.12 JDOT 2021-B A3 0.52 03/16/2026 1.53 1.53 03/17/2025 Principal Paydown 47789QAC4 13,287.12 JDOT 2021-B A3 0.52 03/16/2026 2,182.67 2,182.67 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E CONFIDENTIAL | 43
City of Gardena | Account #10645 | As of October 31, 2024 Execution Time: 11/04/2024 04:40:51 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 03/17/2025 Coupon 47800AAC4 95,494.57 JDOT 2022-B A3 3.74 02/16/2027 211.38 211.38 03/17/2025 Principal Paydown 47800AAC4 95,494.57 JDOT 2022-B A3 3.74 02/16/2027 6,144.07 6,144.07 03/17/2025 Coupon 47800BAC2 188,218.52 JDOT 2022-C A3 5.09 06/15/2027 618.24 618.24 03/17/2025 Principal Paydown 47800BAC2 188,218.52 JDOT 2022-C A3 5.09 06/15/2027 10,389.66 10,389.66 03/17/2025 Coupon 58769GAD5 130,000.00 MBALT 2024-B A3 4.23 02/15/2028 458.25 458.25 03/17/2025 Coupon 58770AAC7 97,392.03 MBART 2023-1 A3 4.51 11/15/2027 291.50 291.50 03/17/2025 Principal Paydown 58770AAC7 97,392.03 MBART 2023-1 A3 4.51 11/15/2027 4,863.04 4,863.04 03/17/2025 Coupon 89238FAD5 57,290.83 TAOT 2022-B A3 2.93 09/15/2026 88.31 88.31 03/17/2025 Principal Paydown 89238FAD5 57,290.83 TAOT 2022-B A3 2.93 09/15/2026 4,510.01 4,510.01 03/17/2025 Coupon 89238JAC9 16,108.45 TAOT 2021-D A3 0.71 04/15/2026 3.61 3.61 03/17/2025 Principal Paydown 89238JAC9 16,108.45 TAOT 2021-D A3 0.71 04/15/2026 2,240.57 2,240.57 03/17/2025 Coupon 89239TAD4 105,000.00 TAOT 2024-D A3 4.4 06/15/2029 391.13 391.13 03/17/2025 Coupon 91282CFK2 475,000.00 UNITED STATES TREASURY 3.5 09/15/2025 8,312.50 8,312.50 03/17/2025 Coupon 931142ER0 40,000.00 WALMART INC 1.05 09/17/2026 210.00 210.00 03/18/2025 Coupon 43815PAC3 66,880.75 HAROT 2022-2 A3 3.73 07/20/2026 135.11 135.11 03/18/2025 Principal Paydown 43815PAC3 66,880.75 HAROT 2022-2 A3 3.73 07/20/2026 5,467.27 5,467.27 03/18/2025 Coupon 857477CL5 365,000.00 STATE STREET CORP 4.993 03/18/2027 9,112.23 9,112.23 03/20/2025 Coupon 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 336.25 336.25 03/20/2025 Principal Paydown 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 7,707.04 7,707.04 03/21/2025 Coupon 43815GAC3 19,773.54 HAROT 2021-4 A3 0.88 01/21/2026 5.84 5.84 03/21/2025 Principal Paydown 43815GAC3 19,773.54 HAROT 2021-4 A3 0.88 01/21/2026 2,753.28 2,753.28 03/21/2025 Coupon 43815JAC7 70,000.00 HAROT 2023-1 A3 5.04 04/21/2027 242.98 242.98 03/21/2025 Principal Paydown 43815JAC7 70,000.00 HAROT 2023-1 A3 5.04 04/21/2027 4,368.94 4,368.94 03/25/2025 Coupon 05602RAD3 126,176.95 BMWOT 2022-A A3 3.21 08/25/2026 201.20 201.20 03/25/2025 Principal Paydown 05602RAD3 126,176.95 BMWOT 2022-A A3 3.21 08/25/2026 11,227.90 11,227.90 03/25/2025 Coupon 3137BNGT5 500,000.00 FHMS K-054 A2 2.745 01/25/2026 1,114.01 1,114.01 03/25/2025 Principal Paydown 3137BNGT5 500,000.00 FHMS K-054 A2 2.745 01/25/2026 13,219.32 13,219.32 03/25/2025 Coupon 3137BVZ82 320,000.00 FHMS K-063 A2 3.43 01/25/2027 914.67 914.67 03/25/2025 Coupon 3137FEBQ2 500,000.00 FHMS K-072 A2 3.444 12/25/2027 1,435.00 1,435.00 03/25/2025 Coupon 3137FETN0 465,000.00 FHMS K-073 A2 3.35 01/25/2028 1,298.13 1,298.13 03/25/2025 Coupon 3137FHPJ6 325,000.00 FHMS K-080 A2 3.926 07/25/2028 1,063.29 1,063.29 03/25/2025 Coupon 3137FJEH8 155,000.00 FHMS K-081 A2 3.9 08/25/2028 503.75 503.75 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E CONFIDENTIAL | 44
City of Gardena | Account #10645 | As of October 31, 2024 Execution Time: 11/04/2024 04:40:51 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 03/25/2025 Coupon 3137FJKE8 220,000.00 FHMS K-082 A2 3.92 09/25/2028 718.67 718.67 03/25/2025 Coupon 3137FJXV6 297,000.00 FHMS K-083 A2 4.05 09/25/2028 1,002.38 1,002.38 03/25/2025 Coupon 3137FJZ93 240,000.00 FHMS K-084 A2 3.78 10/25/2028 756.00 756.00 03/25/2025 Coupon 3137H4BY5 315,000.00 FHMS K-746 A2 2.031 09/25/2028 533.14 533.14 03/31/2025 Coupon 9128286L9 750,000.00 UNITED STATES TREASURY 2.25 03/31/2026 8,437.50 8,437.50 03/31/2025 Coupon 912828YG9 300,000.00 UNITED STATES TREASURY 1.625 09/30/2026 2,437.50 2,437.50 03/31/2025 Coupon 912828ZF0 350,000.00 UNITED STATES TREASURY 0.5 03/31/2025 875.00 875.00 03/31/2025 Final Maturity 912828ZF0 350,000.00 UNITED STATES TREASURY 0.5 03/31/2025 350,000.00 350,000.00 03/31/2025 Coupon 91282CEF4 750,000.00 UNITED STATES TREASURY 2.5 03/31/2027 9,375.00 9,375.00 03/31/2025 Coupon 91282CFM8 570,000.00 UNITED STATES TREASURY 4.125 09/30/2027 11,756.25 11,756.25 March 2025 Total 584,745.32 98,541.28 683,286.59
APRIL 2025
04/07/2025 Coupon 89115A2W1 400,000.00 TORONTO-DOMINION BANK 4.98 04/05/2027 9,960.00 9,960.00 04/09/2025 Coupon 3130B3A29 600,000.00 FEDERAL HOME LOAN BANKS 4.0 10/09/2026 11,866.67 11,866.67 04/15/2025 Coupon 02582JJT8 185,000.00 AMXCA 2022-2 A 3.39 05/17/2027 522.63 522.63 04/15/2025 Coupon 02582JJZ4 125,000.00 AMXCA 2023-1 A 4.87 05/15/2026 507.29 507.29 04/15/2025 Coupon 02582JKD1 340,000.00 AMXCA 2023-3 A 5.23 09/15/2028 1,481.83 1,481.83 04/15/2025 Coupon 161571HT4 340,000.00 CHAIT 2023-1 A 5.16 09/15/2028 1,462.00 1,462.00 04/15/2025 Coupon 20030NCS8 400,000.00 COMCAST CORP 3.95 10/15/2025 7,900.00 7,900.00 04/15/2025 Coupon 43815BAC4 67,752.14 HAROT 2022-1 A3 1.88 05/15/2026 50.50 50.50 04/15/2025 Principal Paydown 43815BAC4 67,752.14 HAROT 2022-1 A3 1.88 05/15/2026 6,789.49 6,789.49 04/15/2025 Coupon 448976AD2 140,000.00 HART 2024-C A3 4.41 05/15/2029 515.67 515.67 04/15/2025 Coupon 448979AD6 155,000.00 HART 2023-A A3 4.58 04/15/2027 440.81 440.81 04/15/2025 Principal Paydown 448979AD6 155,000.00 HART 2023-A A3 4.58 04/15/2027 10,281.74 10,281.74 04/15/2025 Coupon 44934QAD3 90,000.00 HART 2024-B A3 4.84 03/15/2029 363.00 363.00 04/15/2025 Coupon 47787CAC7 310,000.00 JDOT 2023-C A3 5.48 05/15/2028 1,415.67 1,415.67 04/15/2025 Coupon 47787JAC2 50,170.31 JDOT 2022 A3 0.36 09/15/2026 45.91 45.91 04/15/2025 Principal Paydown 47787JAC2 50,170.31 JDOT 2022 A3 0.36 09/15/2026 4,336.22 4,336.22 04/15/2025 Coupon 47789QAC4 13,287.12 JDOT 2021-B A3 0.52 03/16/2026 0.58 0.58 04/15/2025 Effective Maturity 47789QAC4 13,287.12 JDOT 2021-B A3 0.52 03/16/2026 1,345.16 1,345.16 04/15/2025 Coupon 47800AAC4 95,494.57 JDOT 2022-B A3 3.74 02/16/2027 192.23 192.23 04/15/2025 Principal Paydown 47800AAC4 95,494.57 JDOT 2022-B A3 3.74 02/16/2027 8,220.62 8,220.62 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E CONFIDENTIAL | 45
City of Gardena | Account #10645 | As of October 31, 2024 Execution Time: 11/04/2024 04:40:51 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 04/15/2025 Coupon 47800BAC2 188,218.52 JDOT 2022-C A3 5.09 06/15/2027 574.17 574.17 04/15/2025 Principal Paydown 47800BAC2 188,218.52 JDOT 2022-C A3 5.09 06/15/2027 12,386.16 12,386.16 04/15/2025 Coupon 58769GAD5 130,000.00 MBALT 2024-B A3 4.23 02/15/2028 458.25 458.25 04/15/2025 Coupon 58770AAC7 97,392.03 MBART 2023-1 A3 4.51 11/15/2027 273.22 273.22 04/15/2025 Principal Paydown 58770AAC7 97,392.03 MBART 2023-1 A3 4.51 11/15/2027 5,075.59 5,075.59 04/15/2025 Coupon 89238FAD5 57,290.83 TAOT 2022-B A3 2.93 09/15/2026 77.30 77.30 04/15/2025 Principal Paydown 89238FAD5 57,290.83 TAOT 2022-B A3 2.93 09/15/2026 4,633.68 4,633.68 04/15/2025 Coupon 89238JAC9 16,108.45 TAOT 2021-D A3 0.71 04/15/2026 2.28 2.28 04/15/2025 Principal Paydown 89238JAC9 16,108.45 TAOT 2021-D A3 0.71 04/15/2026 2,270.25 2,270.25 04/15/2025 Coupon 89239TAD4 105,000.00 TAOT 2024-D A3 4.4 06/15/2029 391.13 391.13 04/15/2025 Coupon 91282CEH0 450,000.00 UNITED STATES TREASURY 2.625 04/15/2025 5,906.25 5,906.25 04/15/2025 Final Maturity 91282CEH0 450,000.00 UNITED STATES TREASURY 2.625 04/15/2025 450,000.00 450,000.00 04/15/2025 Coupon 91282CFP1 550,000.00 UNITED STATES TREASURY 4.25 10/15/2025 11,687.50 11,687.50 04/15/2025 Coupon 91282CJC6 475,000.00 UNITED STATES TREASURY 4.625 10/15/2026 10,984.38 10,984.38 04/16/2025 Coupon 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 389.07 389.07 04/16/2025 Principal Paydown 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 6,744.62 6,744.62 04/16/2025 Coupon 36265WAD5 64,480.82 GMCAR 2022-3 A3 3.64 04/16/2027 120.65 120.65 04/16/2025 Principal Paydown 36265WAD5 64,480.82 GMCAR 2022-3 A3 3.64 04/16/2027 4,354.04 4,354.04 04/16/2025 Coupon 38014AAD3 95,000.00 GMCAR 2024-4 A3 4.27 08/16/2029 338.04 338.04 04/16/2025 Coupon 459058LN1 300,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 3.875 10/16/2029 5,812.50 5,812.50
04/18/2025 Coupon 43815PAC3 66,880.75 HAROT 2022-2 A3 3.73 07/20/2026 118.12 118.12 04/18/2025 Principal Paydown 43815PAC3 66,880.75 HAROT 2022-2 A3 3.73 07/20/2026 5,557.78 5,557.78 04/21/2025 Coupon 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 301.70 301.70 04/21/2025 Principal Paydown 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 7,790.92 7,790.92 04/21/2025 Coupon 43815GAC3 19,773.54 HAROT 2021-4 A3 0.88 01/21/2026 3.82 3.82 04/21/2025 Principal Paydown 43815GAC3 19,773.54 HAROT 2021-4 A3 0.88 01/21/2026 2,764.84 2,764.84 04/21/2025 Coupon 43815JAC7 70,000.00 HAROT 2023-1 A3 5.04 04/21/2027 224.63 224.63 04/21/2025 Principal Paydown 43815JAC7 70,000.00 HAROT 2023-1 A3 5.04 04/21/2027 4,494.14 4,494.14 04/25/2025 Coupon 05602RAD3 126,176.95 BMWOT 2022-A A3 3.21 08/25/2026 171.16 171.16 04/25/2025 Principal Paydown 05602RAD3 126,176.95 BMWOT 2022-A A3 3.21 08/25/2026 11,470.95 11,470.95 04/25/2025 Coupon 3137BNGT5 500,000.00 FHMS K-054 A2 2.745 01/25/2026 1,083.77 1,083.77 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E CONFIDENTIAL | 46
City of Gardena | Account #10645 | As of October 31, 2024 Execution Time: 11/04/2024 04:40:51 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 04/25/2025 Principal Paydown 3137BNGT5 500,000.00 FHMS K-054 A2 2.745 01/25/2026 882.69 882.69 04/25/2025 Coupon 3137BVZ82 320,000.00 FHMS K-063 A2 3.43 01/25/2027 914.67 914.67 04/25/2025 Coupon 3137FEBQ2 500,000.00 FHMS K-072 A2 3.444 12/25/2027 1,435.00 1,435.00 04/25/2025 Coupon 3137FETN0 465,000.00 FHMS K-073 A2 3.35 01/25/2028 1,298.13 1,298.13 04/25/2025 Coupon 3137FHPJ6 325,000.00 FHMS K-080 A2 3.926 07/25/2028 1,063.29 1,063.29 04/25/2025 Coupon 3137FJEH8 155,000.00 FHMS K-081 A2 3.9 08/25/2028 503.75 503.75 04/25/2025 Coupon 3137FJKE8 220,000.00 FHMS K-082 A2 3.92 09/25/2028 718.67 718.67 04/25/2025 Coupon 3137FJXV6 297,000.00 FHMS K-083 A2 4.05 09/25/2028 1,002.38 1,002.38 04/25/2025 Coupon 3137FJZ93 240,000.00 FHMS K-084 A2 3.78 10/25/2028 756.00 756.00 04/25/2025 Coupon 3137H4BY5 315,000.00 FHMS K-746 A2 2.031 09/25/2028 533.14 533.14 April 2025 Total 549,398.88 83,867.72 633,266.60
MAY 2025
05/01/2025 Coupon 74456QBU9 300,000.00 PUBLIC SERVICE ELECTRIC AND GAS CO 3.7 05/01/2028 5,550.00 5,550.00
05/06/2025 Coupon 857477BR3 90,000.00 STATE STREET CORP 1.746 02/06/2026 1,174.73 1,174.73 05/07/2025 Coupon 3135G06G3 350,000.00 FEDERAL NATIONAL MORTGAGE ASSOCIATION

0.5 11/07/2025 875.00 875.00
05/12/2025 Coupon 665859AW4 450,000.00 NORTHERN TRUST CORP 4.0 05/10/2027 9,000.00 9,000.00 05/13/2025 Coupon 63743HFK3 390,000.00 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 5.6 11/13/2026 10,920.00 10,920.00
05/14/2025 Coupon 14913UAL4 405,000.00 CATERPILLAR FINANCIAL SERVICES CORP 5.0 05/14/2027 10,125.00 10,125.00
05/15/2025 Coupon 02582JJT8 185,000.00 AMXCA 2022-2 A 3.39 05/17/2027 522.63 522.63 05/15/2025 Final Maturity 02582JJT8 185,000.00 AMXCA 2022-2 A 3.39 05/17/2027 185,000.00 185,000.00 05/15/2025 Coupon 02582JJZ4 125,000.00 AMXCA 2023-1 A 4.87 05/15/2026 507.29 507.29 05/15/2025 Coupon 02582JKD1 340,000.00 AMXCA 2023-3 A 5.23 09/15/2028 1,481.83 1,481.83 05/15/2025 Coupon 161571HT4 340,000.00 CHAIT 2023-1 A 5.16 09/15/2028 1,462.00 1,462.00 05/15/2025 Coupon 43815BAC4 67,752.14 HAROT 2022-1 A3 1.88 05/15/2026 39.87 39.87 05/15/2025 Principal Paydown 43815BAC4 67,752.14 HAROT 2022-1 A3 1.88 05/15/2026 6,530.18 6,530.18 05/15/2025 Coupon 448976AD2 140,000.00 HART 2024-C A3 4.41 05/15/2029 515.67 515.67 05/15/2025 Coupon 448979AD6 155,000.00 HART 2023-A A3 4.58 04/15/2027 401.57 401.57 05/15/2025 Principal Paydown 448979AD6 155,000.00 HART 2023-A A3 4.58 04/15/2027 9,845.49 9,845.49 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E CONFIDENTIAL | 47
City of Gardena | Account #10645 | As of October 31, 2024 Execution Time: 11/04/2024 04:40:51 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 05/15/2025 Coupon 44934QAD3 90,000.00 HART 2024-B A3 4.84 03/15/2029 363.00 363.00 05/15/2025 Coupon 47787CAC7 310,000.00 JDOT 2023-C A3 5.48 05/15/2028 1,415.67 1,415.67 05/15/2025 Coupon 47787JAC2 50,170.31 JDOT 2022 A3 0.36 09/15/2026 37.52 37.52 05/15/2025 Principal Paydown 47787JAC2 50,170.31 JDOT 2022 A3 0.36 09/15/2026 3,979.98 3,979.98 05/15/2025 Coupon 47800AAC4 95,494.57 JDOT 2022-B A3 3.74 02/16/2027 166.61 166.61 05/15/2025 Principal Paydown 47800AAC4 95,494.57 JDOT 2022-B A3 3.74 02/16/2027 7,256.78 7,256.78 05/15/2025 Coupon 47800BAC2 188,218.52 JDOT 2022-C A3 5.09 06/15/2027 521.63 521.63 05/15/2025 Principal Paydown 47800BAC2 188,218.52 JDOT 2022-C A3 5.09 06/15/2027 10,855.68 10,855.68 05/15/2025 Coupon 58769GAD5 130,000.00 MBALT 2024-B A3 4.23 02/15/2028 458.25 458.25 05/15/2025 Coupon 58770AAC7 97,392.03 MBART 2023-1 A3 4.51 11/15/2027 254.14 254.14 05/15/2025 Principal Paydown 58770AAC7 97,392.03 MBART 2023-1 A3 4.51 11/15/2027 4,858.51 4,858.51 05/15/2025 Coupon 89238FAD5 57,290.83 TAOT 2022-B A3 2.93 09/15/2026 65.98 65.98 05/15/2025 Principal Paydown 89238FAD5 57,290.83 TAOT 2022-B A3 2.93 09/15/2026 4,475.83 4,475.83 05/15/2025 Coupon 89238JAC9 16,108.45 TAOT 2021-D A3 0.71 04/15/2026 0.94 0.94 05/15/2025 Effective Maturity 89238JAC9 16,108.45 TAOT 2021-D A3 0.71 04/15/2026 1,584.43 1,584.43 05/15/2025 Coupon 89239TAD4 105,000.00 TAOT 2024-D A3 4.4 06/15/2029 391.13 391.13 05/15/2025 Coupon 9128283F5 800,000.00 UNITED STATES TREASURY 2.25 11/15/2027 9,000.00 9,000.00 05/15/2025 Coupon 912828R36 250,000.00 UNITED STATES TREASURY 1.625 05/15/2026 2,031.25 2,031.25 05/15/2025 Coupon 912828U24 625,000.00 UNITED STATES TREASURY 2.0 11/15/2026 6,250.00 6,250.00 05/15/2025 Coupon 912828X88 350,000.00 UNITED STATES TREASURY 2.375 05/15/2027 4,156.25 4,156.25 05/16/2025 Coupon 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 363.95 363.95 05/16/2025 Principal Paydown 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 6,442.58 6,442.58 05/16/2025 Coupon 36265WAD5 64,480.82 GMCAR 2022-3 A3 3.64 04/16/2027 107.44 107.44 05/16/2025 Principal Paydown 36265WAD5 64,480.82 GMCAR 2022-3 A3 3.64 04/16/2027 4,168.64 4,168.64 05/16/2025 Coupon 38014AAD3 95,000.00 GMCAR 2024-4 A3 4.27 08/16/2029 338.04 338.04 05/16/2025 Coupon 89236TMF9 400,000.00 TOYOTA MOTOR CREDIT CORP 5.05 05/16/2029 10,100.00 10,100.00 05/19/2025 Coupon 43815PAC3 66,880.75 HAROT 2022-2 A3 3.73 07/20/2026 100.84 100.84 05/19/2025 Principal Paydown 43815PAC3 66,880.75 HAROT 2022-2 A3 3.73 07/20/2026 5,339.94 5,339.94 05/19/2025 Coupon 58933YBH7 90,000.00 MERCK & CO INC 4.05 05/17/2028 1,822.50 1,822.50 05/20/2025 Coupon 3133ERFJ5 330,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.5 05/20/2027 7,425.00 7,425.00
05/20/2025 Coupon 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 266.77 266.77 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E CONFIDENTIAL | 48
City of Gardena | Account #10645 | As of October 31, 2024 Execution Time: 11/04/2024 04:40:51 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 05/20/2025 Principal Paydown 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 9,794.97 9,794.97 05/21/2025 Coupon 43815GAC3 19,773.54 HAROT 2021-4 A3 0.88 01/21/2026 1.79 1.79 05/21/2025 Effective Maturity 43815GAC3 19,773.54 HAROT 2021-4 A3 0.88 01/21/2026 2,446.92 2,446.92 05/21/2025 Coupon 43815JAC7 70,000.00 HAROT 2023-1 A3 5.04 04/21/2027 205.75 205.75 05/21/2025 Principal Paydown 43815JAC7 70,000.00 HAROT 2023-1 A3 5.04 04/21/2027 4,308.38 4,308.38 05/26/2025 Coupon 05602RAD3 126,176.95 BMWOT 2022-A A3 3.21 08/25/2026 140.48 140.48 05/26/2025 Principal Paydown 05602RAD3 126,176.95 BMWOT 2022-A A3 3.21 08/25/2026 11,015.37 11,015.37 05/26/2025 Coupon 3137BNGT5 500,000.00 FHMS K-054 A2 2.745 01/25/2026 1,081.75 1,081.75 05/26/2025 Principal Paydown 3137BNGT5 500,000.00 FHMS K-054 A2 2.745 01/25/2026 943.11 943.11 05/26/2025 Coupon 3137BVZ82 320,000.00 FHMS K-063 A2 3.43 01/25/2027 914.67 914.67 05/26/2025 Coupon 3137FEBQ2 500,000.00 FHMS K-072 A2 3.444 12/25/2027 1,435.00 1,435.00 05/26/2025 Coupon 3137FETN0 465,000.00 FHMS K-073 A2 3.35 01/25/2028 1,298.13 1,298.13 05/26/2025 Coupon 3137FHPJ6 325,000.00 FHMS K-080 A2 3.926 07/25/2028 1,063.29 1,063.29 05/26/2025 Coupon 3137FJEH8 155,000.00 FHMS K-081 A2 3.9 08/25/2028 503.75 503.75 05/26/2025 Coupon 3137FJKE8 220,000.00 FHMS K-082 A2 3.92 09/25/2028 718.67 718.67 05/26/2025 Coupon 3137FJXV6 297,000.00 FHMS K-083 A2 4.05 09/25/2028 1,002.38 1,002.38 05/26/2025 Coupon 3137FJZ93 240,000.00 FHMS K-084 A2 3.78 10/25/2028 756.00 756.00 05/26/2025 Coupon 3137H4BY5 315,000.00 FHMS K-746 A2 2.031 09/25/2028 533.14 533.14 May 2025 Total 278,846.78 97,867.27 376,714.05
JUNE 2025
06/02/2025 Coupon 912828ZT0 365,000.00 UNITED STATES TREASURY 0.25 05/31/2025 456.25 456.25 06/02/2025 Final Maturity 912828ZT0 365,000.00 UNITED STATES TREASURY 0.25 05/31/2025 365,000.00 365,000.00 06/02/2025 Coupon 91282CAZ4 750,000.00 UNITED STATES TREASURY 0.375 11/30/2025 1,406.25 1,406.25 06/09/2025 Coupon 3133ERGL9 450,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.25 12/15/2028 13,812.50 13,812.50
06/16/2025 Coupon 341081GT8 330,000.00 FLORIDA POWER & LIGHT CO 5.15 06/15/2029 8,497.50 8,497.50 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E CONFIDENTIAL | 49
City of Gardena | Account #10645 | As of October 31, 2024 Execution Time: 11/04/2024 04:40:51 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 06/16/2025 Coupon 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 339.95 339.95 06/16/2025 Principal Paydown 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 6,329.51 6,329.51 06/16/2025 Coupon 36265WAD5 64,480.82 GMCAR 2022-3 A3 3.64 04/16/2027 94.80 94.80 06/16/2025 Principal Paydown 36265WAD5 64,480.82 GMCAR 2022-3 A3 3.64 04/16/2027 4,093.00 4,093.00 06/16/2025 Coupon 38014AAD3 95,000.00 GMCAR 2024-4 A3 4.27 08/16/2029 338.04 338.04 06/16/2025 Coupon 43815BAC4 67,752.14 HAROT 2022-1 A3 1.88 05/15/2026 29.63 29.63 06/16/2025 Principal Paydown 43815BAC4 67,752.14 HAROT 2022-1 A3 1.88 05/15/2026 6,368.62 6,368.62 06/16/2025 Coupon 448976AD2 140,000.00 HART 2024-C A3 4.41 05/15/2029 515.67 515.67 06/16/2025 Coupon 448979AD6 155,000.00 HART 2023-A A3 4.58 04/15/2027 363.99 363.99 06/16/2025 Principal Paydown 448979AD6 155,000.00 HART 2023-A A3 4.58 04/15/2027 9,653.74 9,653.74 06/16/2025 Coupon 44934QAD3 90,000.00 HART 2024-B A3 4.84 03/15/2029 363.00 363.00 06/16/2025 Coupon 47787CAC7 310,000.00 JDOT 2023-C A3 5.48 05/15/2028 1,415.67 1,415.67 06/16/2025 Principal Paydown 47787CAC7 310,000.00 JDOT 2023-C A3 5.48 05/15/2028 14,397.50 14,397.50 06/16/2025 Coupon 47787JAC2 50,170.31 JDOT 2022 A3 0.36 09/15/2026 29.83 29.83 06/16/2025 Principal Paydown 47787JAC2 50,170.31 JDOT 2022 A3 0.36 09/15/2026 3,220.47 3,220.47 06/16/2025 Coupon 47800AAC4 95,494.57 JDOT 2022-B A3 3.74 02/16/2027 143.99 143.99 06/16/2025 Principal Paydown 47800AAC4 95,494.57 JDOT 2022-B A3 3.74 02/16/2027 4,595.46 4,595.46 06/16/2025 Coupon 47800BAC2 188,218.52 JDOT 2022-C A3 5.09 06/15/2027 475.58 475.58 06/16/2025 Principal Paydown 47800BAC2 188,218.52 JDOT 2022-C A3 5.09 06/15/2027 9,380.32 9,380.32 06/16/2025 Coupon 58769GAD5 130,000.00 MBALT 2024-B A3 4.23 02/15/2028 458.25 458.25 06/16/2025 Coupon 58770AAC7 97,392.03 MBART 2023-1 A3 4.51 11/15/2027 235.88 235.88 06/16/2025 Principal Paydown 58770AAC7 97,392.03 MBART 2023-1 A3 4.51 11/15/2027 4,767.09 4,767.09 06/16/2025 Coupon 63743HFE7 95,000.00 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 3.45 06/15/2025 1,638.75 1,638.75
06/16/2025 Final Maturity 63743HFE7 95,000.00 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 3.45 06/15/2025 95,000.00 95,000.00
06/16/2025 Coupon 89238FAD5 57,290.83 TAOT 2022-B A3 2.93 09/15/2026 55.05 55.05 06/16/2025 Principal Paydown 89238FAD5 57,290.83 TAOT 2022-B A3 2.93 09/15/2026 4,395.64 4,395.64 06/16/2025 Coupon 89239TAD4 105,000.00 TAOT 2024-D A3 4.4 06/15/2029 391.13 391.13 06/16/2025 Coupon 91282CEU1 500,000.00 UNITED STATES TREASURY 2.875 06/15/2025 7,187.50 7,187.50 06/16/2025 Final Maturity 91282CEU1 500,000.00 UNITED STATES TREASURY 2.875 06/15/2025 500,000.00 500,000.00 06/16/2025 Coupon 91282CHH7 475,000.00 UNITED STATES TREASURY 4.125 06/15/2026 9,796.88 9,796.88 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E CONFIDENTIAL | 50
City of Gardena | Account #10645 | As of October 31, 2024 Execution Time: 11/04/2024 04:40:51 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 06/16/2025 Coupon 91282CJP7 300,000.00 UNITED STATES TREASURY 4.375 12/15/2026 6,562.50 6,562.50 06/18/2025 Coupon 43815PAC3 66,880.75 HAROT 2022-2 A3 3.73 07/20/2026 84.24 84.24 06/18/2025 Principal Paydown 43815PAC3 66,880.75 HAROT 2022-2 A3 3.73 07/20/2026 4,793.69 4,793.69 06/20/2025 Coupon 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 222.85 222.85 06/20/2025 Principal Paydown 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 8,892.63 8,892.63 06/23/2025 Coupon 43815JAC7 70,000.00 HAROT 2023-1 A3 5.04 04/21/2027 187.66 187.66 06/23/2025 Principal Paydown 43815JAC7 70,000.00 HAROT 2023-1 A3 5.04 04/21/2027 4,213.50 4,213.50 06/25/2025 Coupon 05602RAD3 126,176.95 BMWOT 2022-A A3 3.21 08/25/2026 111.01 111.01 06/25/2025 Principal Paydown 05602RAD3 126,176.95 BMWOT 2022-A A3 3.21 08/25/2026 10,373.42 10,373.42 06/25/2025 Coupon 3137BNGT5 500,000.00 FHMS K-054 A2 2.745 01/25/2026 1,079.59 1,079.59 06/25/2025 Principal Paydown 3137BNGT5 500,000.00 FHMS K-054 A2 2.745 01/25/2026 17,599.97 17,599.97 06/25/2025 Coupon 3137BVZ82 320,000.00 FHMS K-063 A2 3.43 01/25/2027 914.67 914.67 06/25/2025 Coupon 3137FEBQ2 500,000.00 FHMS K-072 A2 3.444 12/25/2027 1,435.00 1,435.00 06/25/2025 Coupon 3137FETN0 465,000.00 FHMS K-073 A2 3.35 01/25/2028 1,298.13 1,298.13 06/25/2025 Coupon 3137FHPJ6 325,000.00 FHMS K-080 A2 3.926 07/25/2028 1,063.29 1,063.29 06/25/2025 Coupon 3137FJEH8 155,000.00 FHMS K-081 A2 3.9 08/25/2028 503.75 503.75 06/25/2025 Coupon 3137FJKE8 220,000.00 FHMS K-082 A2 3.92 09/25/2028 718.67 718.67 06/25/2025 Coupon 3137FJXV6 297,000.00 FHMS K-083 A2 4.05 09/25/2028 1,002.38 1,002.38 06/25/2025 Coupon 3137FJZ93 240,000.00 FHMS K-084 A2 3.78 10/25/2028 756.00 756.00 06/25/2025 Coupon 3137H4BY5 315,000.00 FHMS K-746 A2 2.031 09/25/2028 533.14 533.14 06/25/2025 Coupon 437076DC3 295,000.00 HOME DEPOT INC 4.75 06/25/2029 7,006.25 7,006.25 06/30/2025 Coupon 91282CGC9 500,000.00 UNITED STATES TREASURY 3.875 12/31/2027 9,687.50 9,687.50 June 2025 Total 1,073,074.57 99,000.03 1,172,074.60
JULY 2025
07/14/2025 Coupon 459058KT9 250,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 3.5 07/12/2028 4,375.00 4,375.00
07/15/2025 Coupon 02582JJZ4 125,000.00 AMXCA 2023-1 A 4.87 05/15/2026 507.29 507.29 07/15/2025 Coupon 02582JKD1 340,000.00 AMXCA 2023-3 A 5.23 09/15/2028 1,481.83 1,481.83 07/15/2025 Coupon 161571HT4 340,000.00 CHAIT 2023-1 A 5.16 09/15/2028 1,462.00 1,462.00 07/15/2025 Coupon 43815BAC4 67,752.14 HAROT 2022-1 A3 1.88 05/15/2026 19.66 19.66 07/15/2025 Principal Paydown 43815BAC4 67,752.14 HAROT 2022-1 A3 1.88 05/15/2026 6,202.36 6,202.36 07/15/2025 Coupon 448976AD2 140,000.00 HART 2024-C A3 4.41 05/15/2029 515.67 515.67 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E CONFIDENTIAL | 51
City of Gardena | Account #10645 | As of October 31, 2024 Execution Time: 11/04/2024 04:40:51 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 07/15/2025 Coupon 448979AD6 155,000.00 HART 2023-A A3 4.58 04/15/2027 327.15 327.15 07/15/2025 Principal Paydown 448979AD6 155,000.00 HART 2023-A A3 4.58 04/15/2027 9,455.72 9,455.72 07/15/2025 Coupon 44934QAD3 90,000.00 HART 2024-B A3 4.84 03/15/2029 363.00 363.00 07/15/2025 Coupon 46625HMN7 400,000.00 JPMORGAN CHASE & CO 3.9 07/15/2025 7,800.00 7,800.00 07/15/2025 Final Maturity 46625HMN7 400,000.00 JPMORGAN CHASE & CO 3.9 07/15/2025 400,000.00 400,000.00 07/15/2025 Coupon 47787CAC7 310,000.00 JDOT 2023-C A3 5.48 05/15/2028 1,349.92 1,349.92 07/15/2025 Principal Paydown 47787CAC7 310,000.00 JDOT 2023-C A3 5.48 05/15/2028 21,433.55 21,433.55 07/15/2025 Coupon 47787JAC2 50,170.31 JDOT 2022 A3 0.36 09/15/2026 23.60 23.60 07/15/2025 Principal Paydown 47787JAC2 50,170.31 JDOT 2022 A3 0.36 09/15/2026 3,814.77 3,814.77 07/15/2025 Coupon 47800AAC4 95,494.57 JDOT 2022-B A3 3.74 02/16/2027 129.67 129.67 07/15/2025 Principal Paydown 47800AAC4 95,494.57 JDOT 2022-B A3 3.74 02/16/2027 3,892.53 3,892.53 07/15/2025 Coupon 47800BAC2 188,218.52 JDOT 2022-C A3 5.09 06/15/2027 435.79 435.79 07/15/2025 Principal Paydown 47800BAC2 188,218.52 JDOT 2022-C A3 5.09 06/15/2027 10,239.56 10,239.56 07/15/2025 Coupon 58769GAD5 130,000.00 MBALT 2024-B A3 4.23 02/15/2028 458.25 458.25 07/15/2025 Coupon 58770AAC7 97,392.03 MBART 2023-1 A3 4.51 11/15/2027 217.97 217.97 07/15/2025 Principal Paydown 58770AAC7 97,392.03 MBART 2023-1 A3 4.51 11/15/2027 4,672.06 4,672.06 07/15/2025 Coupon 89238FAD5 57,290.83 TAOT 2022-B A3 2.93 09/15/2026 44.32 44.32 07/15/2025 Principal Paydown 89238FAD5 57,290.83 TAOT 2022-B A3 2.93 09/15/2026 4,310.82 4,310.82 07/15/2025 Coupon 89239TAD4 105,000.00 TAOT 2024-D A3 4.4 06/15/2029 391.13 391.13 07/15/2025 Coupon 91282CEY3 475,000.00 UNITED STATES TREASURY 3.0 07/15/2025 7,125.00 7,125.00 07/15/2025 Final Maturity 91282CEY3 475,000.00 UNITED STATES TREASURY 3.0 07/15/2025 475,000.00 475,000.00 07/16/2025 Coupon 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 316.37 316.37 07/16/2025 Principal Paydown 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 6,205.09 6,205.09 07/16/2025 Coupon 36265WAD5 64,480.82 GMCAR 2022-3 A3 3.64 04/16/2027 82.38 82.38 07/16/2025 Principal Paydown 36265WAD5 64,480.82 GMCAR 2022-3 A3 3.64 04/16/2027 4,015.56 4,015.56 07/16/2025 Coupon 38014AAD3 95,000.00 GMCAR 2024-4 A3 4.27 08/16/2029 338.04 338.04 07/17/2025 Coupon 61747YET8 175,000.00 MORGAN STANLEY 4.679 07/17/2026 4,094.13 4,094.13 07/17/2025 Effective Maturity 61747YET8 175,000.00 MORGAN STANLEY 4.679 07/17/2026 175,000.00 175,000.00 07/17/2025 Coupon 713448FX1 295,000.00 PEPSICO INC 4.5 07/17/2029 6,637.50 6,637.50 07/18/2025 Coupon 43815PAC3 66,880.75 HAROT 2022-2 A3 3.73 07/20/2026 69.34 69.34 07/18/2025 Principal Paydown 43815PAC3 66,880.75 HAROT 2022-2 A3 3.73 07/20/2026 4,674.11 4,674.11 07/21/2025 Coupon 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 182.98 182.98 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E CONFIDENTIAL | 52
City of Gardena | Account #10645 | As of October 31, 2024 Execution Time: 11/04/2024 04:40:51 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 07/21/2025 Principal Paydown 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 8,504.59 8,504.59 07/21/2025 Coupon 43815JAC7 70,000.00 HAROT 2023-1 A3 5.04 04/21/2027 169.96 169.96 07/21/2025 Principal Paydown 43815JAC7 70,000.00 HAROT 2023-1 A3 5.04 04/21/2027 4,113.65 4,113.65 07/21/2025 Coupon 78016HZT0 150,000.00 ROYAL BANK OF CANADA 4.875 01/19/2027 3,656.25 3,656.25 07/23/2025 Coupon 6174468C6 394,000.00 MORGAN STANLEY 4.0 07/23/2025 7,880.00 7,880.00 07/23/2025 Final Maturity 6174468C6 394,000.00 MORGAN STANLEY 4.0 07/23/2025 394,000.00 394,000.00 07/25/2025 Coupon 05602RAD3 126,176.95 BMWOT 2022-A A3 3.21 08/25/2026 83.26 83.26 07/25/2025 Principal Paydown 05602RAD3 126,176.95 BMWOT 2022-A A3 3.21 08/25/2026 9,921.30 9,921.30 07/25/2025 Coupon 3137BNGT5 500,000.00 FHMS K-054 A2 2.745 01/25/2026 1,039.33 1,039.33 07/25/2025 Principal Paydown 3137BNGT5 500,000.00 FHMS K-054 A2 2.745 01/25/2026 10,071.44 10,071.44 07/25/2025 Coupon 3137BVZ82 320,000.00 FHMS K-063 A2 3.43 01/25/2027 914.67 914.67 07/25/2025 Coupon 3137FEBQ2 500,000.00 FHMS K-072 A2 3.444 12/25/2027 1,435.00 1,435.00 07/25/2025 Coupon 3137FETN0 465,000.00 FHMS K-073 A2 3.35 01/25/2028 1,298.13 1,298.13 07/25/2025 Coupon 3137FHPJ6 325,000.00 FHMS K-080 A2 3.926 07/25/2028 1,063.29 1,063.29 07/25/2025 Coupon 3137FJEH8 155,000.00 FHMS K-081 A2 3.9 08/25/2028 503.75 503.75 07/25/2025 Coupon 3137FJKE8 220,000.00 FHMS K-082 A2 3.92 09/25/2028 718.67 718.67 07/25/2025 Coupon 3137FJXV6 297,000.00 FHMS K-083 A2 4.05 09/25/2028 1,002.38 1,002.38 07/25/2025 Coupon 3137FJZ93 240,000.00 FHMS K-084 A2 3.78 10/25/2028 756.00 756.00 07/25/2025 Coupon 3137H4BY5 315,000.00 FHMS K-746 A2 2.031 09/25/2028 533.14 533.14 07/31/2025 Coupon 69371RS80 410,000.00 PACCAR FINANCIAL CORP 4.6 01/31/2029 9,430.00 9,430.00 July 2025 Total 1,555,527.13 69,231.81 1,624,758.94
AUGUST 2025
08/01/2025 Coupon 459058KW2 250,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 4.625 08/01/2028 5,781.25 5,781.25
08/06/2025 Coupon 857477BR3 90,000.00 STATE STREET CORP 1.746 02/06/2026 1,174.73 1,174.73 08/15/2025 Coupon 02582JJZ4 125,000.00 AMXCA 2023-1 A 4.87 05/15/2026 507.29 507.29 08/15/2025 Coupon 02582JKD1 340,000.00 AMXCA 2023-3 A 5.23 09/15/2028 1,481.83 1,481.83 08/15/2025 Coupon 161571HT4 340,000.00 CHAIT 2023-1 A 5.16 09/15/2028 1,462.00 1,462.00 08/15/2025 Coupon 43815BAC4 67,752.14 HAROT 2022-1 A3 1.88 05/15/2026 9.94 9.94 08/15/2025 Principal Paydown 43815BAC4 67,752.14 HAROT 2022-1 A3 1.88 05/15/2026 6,013.16 6,013.16 08/15/2025 Coupon 438516CJ3 400,000.00 HONEYWELL INTERNATIONAL INC 4.95 02/15/2028 9,900.00 9,900.00
Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E CONFIDENTIAL | 53
City of Gardena | Account #10645 | As of October 31, 2024 Execution Time: 11/04/2024 04:40:51 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 08/15/2025 Coupon 448976AD2 140,000.00 HART 2024-C A3 4.41 05/15/2029 515.67 515.67 08/15/2025 Coupon 448979AD6 155,000.00 HART 2023-A A3 4.58 04/15/2027 291.06 291.06 08/15/2025 Principal Paydown 448979AD6 155,000.00 HART 2023-A A3 4.58 04/15/2027 9,187.37 9,187.37 08/15/2025 Coupon 44934QAD3 90,000.00 HART 2024-B A3 4.84 03/15/2029 363.00 363.00 08/15/2025 Coupon 47787CAC7 310,000.00 JDOT 2023-C A3 5.48 05/15/2028 1,252.04 1,252.04 08/15/2025 Principal Paydown 47787CAC7 310,000.00 JDOT 2023-C A3 5.48 05/15/2028 16,389.36 16,389.36 08/15/2025 Coupon 47787JAC2 50,170.31 JDOT 2022 A3 0.36 09/15/2026 16.23 16.23 08/15/2025 Principal Paydown 47787JAC2 50,170.31 JDOT 2022 A3 0.36 09/15/2026 3,456.45 3,456.45 08/15/2025 Coupon 47800AAC4 95,494.57 JDOT 2022-B A3 3.74 02/16/2027 117.54 117.54 08/15/2025 Principal Paydown 47800AAC4 95,494.57 JDOT 2022-B A3 3.74 02/16/2027 3,652.62 3,652.62 08/15/2025 Coupon 47800BAC2 188,218.52 JDOT 2022-C A3 5.09 06/15/2027 392.36 392.36 08/15/2025 Principal Paydown 47800BAC2 188,218.52 JDOT 2022-C A3 5.09 06/15/2027 9,888.07 9,888.07 08/15/2025 Coupon 58769GAD5 130,000.00 MBALT 2024-B A3 4.23 02/15/2028 458.25 458.25 08/15/2025 Coupon 58770AAC7 97,392.03 MBART 2023-1 A3 4.51 11/15/2027 200.41 200.41 08/15/2025 Principal Paydown 58770AAC7 97,392.03 MBART 2023-1 A3 4.51 11/15/2027 4,146.28 4,146.28 08/15/2025 Coupon 89238FAD5 57,290.83 TAOT 2022-B A3 2.93 09/15/2026 33.79 33.79 08/15/2025 Principal Paydown 89238FAD5 57,290.83 TAOT 2022-B A3 2.93 09/15/2026 4,203.31 4,203.31 08/15/2025 Coupon 89239TAD4 105,000.00 TAOT 2024-D A3 4.4 06/15/2029 391.13 391.13 08/15/2025 Coupon 912828YB0 150,000.00 UNITED STATES TREASURY 1.625 08/15/2029 1,218.75 1,218.75 08/18/2025 Coupon 06428CAA2 300,000.00 BANK OF AMERICA NA 5.526 08/18/2026 8,289.00 8,289.00 08/18/2025 Coupon 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 293.26 293.26 08/18/2025 Principal Paydown 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 6,021.66 6,021.66 08/18/2025 Coupon 36265WAD5 64,480.82 GMCAR 2022-3 A3 3.64 04/16/2027 70.20 70.20 08/18/2025 Principal Paydown 36265WAD5 64,480.82 GMCAR 2022-3 A3 3.64 04/16/2027 3,903.96 3,903.96 08/18/2025 Coupon 38014AAD3 95,000.00 GMCAR 2024-4 A3 4.27 08/16/2029 338.04 338.04 08/18/2025 Coupon 43815PAC3 66,880.75 HAROT 2022-2 A3 3.73 07/20/2026 54.82 54.82 08/18/2025 Principal Paydown 43815PAC3 66,880.75 HAROT 2022-2 A3 3.73 07/20/2026 4,531.09 4,531.09 08/20/2025 Coupon 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 144.86 144.86 08/20/2025 Principal Paydown 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 8,125.11 8,125.11 08/21/2025 Coupon 43815JAC7 70,000.00 HAROT 2023-1 A3 5.04 04/21/2027 152.69 152.69 08/21/2025 Principal Paydown 43815JAC7 70,000.00 HAROT 2023-1 A3 5.04 04/21/2027 3,988.08 3,988.08 08/25/2025 Coupon 037833BY5 400,000.00 APPLE INC 3.25 02/23/2026 6,500.00 6,500.00 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E CONFIDENTIAL | 54
City of Gardena | Account #10645 | As of October 31, 2024 Execution Time: 11/04/2024 04:40:51 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 08/25/2025 Coupon 05602RAD3 126,176.95 BMWOT 2022-A A3 3.21 08/25/2026 56.72 56.72 08/25/2025 Principal Paydown 05602RAD3 126,176.95 BMWOT 2022-A A3 3.21 08/25/2026 9,607.65 9,607.65 08/25/2025 Coupon 3137BNGT5 500,000.00 FHMS K-054 A2 2.745 01/25/2026 1,016.29 1,016.29 08/25/2025 Principal Paydown 3137BNGT5 500,000.00 FHMS K-054 A2 2.745 01/25/2026 858.09 858.09 08/25/2025 Coupon 3137BVZ82 320,000.00 FHMS K-063 A2 3.43 01/25/2027 914.67 914.67 08/25/2025 Coupon 3137FEBQ2 500,000.00 FHMS K-072 A2 3.444 12/25/2027 1,435.00 1,435.00 08/25/2025 Coupon 3137FETN0 465,000.00 FHMS K-073 A2 3.35 01/25/2028 1,298.13 1,298.13 08/25/2025 Coupon 3137FHPJ6 325,000.00 FHMS K-080 A2 3.926 07/25/2028 1,063.29 1,063.29 08/25/2025 Coupon 3137FJEH8 155,000.00 FHMS K-081 A2 3.9 08/25/2028 503.75 503.75 08/25/2025 Coupon 3137FJKE8 220,000.00 FHMS K-082 A2 3.92 09/25/2028 718.67 718.67 08/25/2025 Coupon 3137FJXV6 297,000.00 FHMS K-083 A2 4.05 09/25/2028 1,002.38 1,002.38 08/25/2025 Coupon 3137FJZ93 240,000.00 FHMS K-084 A2 3.78 10/25/2028 756.00 756.00 08/25/2025 Coupon 3137H4BY5 315,000.00 FHMS K-746 A2 2.031 09/25/2028 533.14 533.14 08/26/2025 Coupon 17275RBQ4 170,000.00 CISCO SYSTEMS INC 4.8 02/26/2027 4,080.00 4,080.00 08/27/2025 Coupon 459058LK7 170,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 4.0 08/27/2026 3,400.00 3,400.00
August 2025 Total 93,972.26 58,188.14 152,160.40
SEPTEMBER 2025
09/02/2025 Coupon 9128284Z0 750,000.00 UNITED STATES TREASURY 2.75 08/31/2025 10,312.50 10,312.50 09/02/2025 Final Maturity 9128284Z0 750,000.00 UNITED STATES TREASURY 2.75 08/31/2025 750,000.00 750,000.00 09/09/2025 Coupon 57636QAW4 290,000.00 MASTERCARD INC 4.875 03/09/2028 7,068.75 7,068.75 09/09/2025 Coupon 931142EW9 80,000.00 WALMART INC 3.9 09/09/2025 1,560.00 1,560.00 09/09/2025 Final Maturity 931142EW9 80,000.00 WALMART INC 3.9 09/09/2025 80,000.00 80,000.00 09/10/2025 Coupon 3130ATS57 700,000.00 FEDERAL HOME LOAN BANKS 4.5 03/10/2028 15,750.00 15,750.00 09/15/2025 Coupon 02582JJZ4 125,000.00 AMXCA 2023-1 A 4.87 05/15/2026 507.29 507.29 09/15/2025 Coupon 02582JKD1 340,000.00 AMXCA 2023-3 A 5.23 09/15/2028 1,481.83 1,481.83 09/15/2025 Coupon 161571HT4 340,000.00 CHAIT 2023-1 A 5.16 09/15/2028 1,462.00 1,462.00 09/15/2025 Coupon 437076CR1 110,000.00 HOME DEPOT INC 4.0 09/15/2025 2,200.00 2,200.00 09/15/2025 Final Maturity 437076CR1 110,000.00 HOME DEPOT INC 4.0 09/15/2025 110,000.00 110,000.00 09/15/2025 Coupon 43815BAC4 67,752.14 HAROT 2022-1 A3 1.88 05/15/2026 0.52 0.52 09/15/2025 Effective Maturity 43815BAC4 67,752.14 HAROT 2022-1 A3 1.88 05/15/2026 331.46 331.46 09/15/2025 Coupon 448976AD2 140,000.00 HART 2024-C A3 4.41 05/15/2029 515.67 515.67 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E CONFIDENTIAL | 55
City of Gardena | Account #10645 | As of October 31, 2024 Execution Time: 11/04/2024 04:40:51 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 09/15/2025 Coupon 448979AD6 155,000.00 HART 2023-A A3 4.58 04/15/2027 255.99 255.99 09/15/2025 Principal Paydown 448979AD6 155,000.00 HART 2023-A A3 4.58 04/15/2027 8,999.72 8,999.72 09/15/2025 Coupon 44934QAD3 90,000.00 HART 2024-B A3 4.84 03/15/2029 363.00 363.00 09/15/2025 Coupon 47787CAC7 310,000.00 JDOT 2023-C A3 5.48 05/15/2028 1,177.19 1,177.19 09/15/2025 Principal Paydown 47787CAC7 310,000.00 JDOT 2023-C A3 5.48 05/15/2028 13,015.81 13,015.81 09/15/2025 Coupon 47787JAC2 50,170.31 JDOT 2022 A3 0.36 09/15/2026 9.55 9.55 09/15/2025 Principal Paydown 47787JAC2 50,170.31 JDOT 2022 A3 0.36 09/15/2026 3,366.84 3,366.84 09/15/2025 Coupon 47800AAC4 95,494.57 JDOT 2022-B A3 3.74 02/16/2027 106.16 106.16 09/15/2025 Principal Paydown 47800AAC4 95,494.57 JDOT 2022-B A3 3.74 02/16/2027 3,804.58 3,804.58 09/15/2025 Coupon 47800BAC2 188,218.52 JDOT 2022-C A3 5.09 06/15/2027 350.42 350.42 09/15/2025 Principal Paydown 47800BAC2 188,218.52 JDOT 2022-C A3 5.09 06/15/2027 8,504.11 8,504.11 09/15/2025 Coupon 58769GAD5 130,000.00 MBALT 2024-B A3 4.23 02/15/2028 458.25 458.25 09/15/2025 Coupon 58770AAC7 97,392.03 MBART 2023-1 A3 4.51 11/15/2027 184.82 184.82 09/15/2025 Principal Paydown 58770AAC7 97,392.03 MBART 2023-1 A3 4.51 11/15/2027 4,023.90 4,023.90 09/15/2025 Coupon 89238FAD5 57,290.83 TAOT 2022-B A3 2.93 09/15/2026 23.53 23.53 09/15/2025 Principal Paydown 89238FAD5 57,290.83 TAOT 2022-B A3 2.93 09/15/2026 4,121.60 4,121.60 09/15/2025 Coupon 89239TAD4 105,000.00 TAOT 2024-D A3 4.4 06/15/2029 391.13 391.13 09/15/2025 Coupon 91282CFK2 475,000.00 UNITED STATES TREASURY 3.5 09/15/2025 8,312.50 8,312.50 09/15/2025 Final Maturity 91282CFK2 475,000.00 UNITED STATES TREASURY 3.5 09/15/2025 475,000.00 475,000.00 09/16/2025 Coupon 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 270.83 270.83 09/16/2025 Principal Paydown 362583AD8 115,000.00 GMCAR 2023-2 A3 4.47 02/16/2028 5,902.61 5,902.61 09/16/2025 Coupon 36265WAD5 64,480.82 GMCAR 2022-3 A3 3.64 04/16/2027 58.36 58.36 09/16/2025 Principal Paydown 36265WAD5 64,480.82 GMCAR 2022-3 A3 3.64 04/16/2027 3,829.05 3,829.05 09/16/2025 Coupon 38014AAD3 95,000.00 GMCAR 2024-4 A3 4.27 08/16/2029 338.04 338.04 09/17/2025 Coupon 931142ER0 40,000.00 WALMART INC 1.05 09/17/2026 210.00 210.00 09/18/2025 Coupon 43815PAC3 66,880.75 HAROT 2022-2 A3 3.73 07/20/2026 40.73 40.73 09/18/2025 Principal Paydown 43815PAC3 66,880.75 HAROT 2022-2 A3 3.73 07/20/2026 4,416.77 4,416.77 09/18/2025 Coupon 857477CL5 365,000.00 STATE STREET CORP 4.993 03/18/2027 9,112.23 9,112.23 09/22/2025 Coupon 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 108.43 108.43 09/22/2025 Principal Paydown 379929AD4 75,000.00 GMALT 2023-3 A3 5.38 11/20/2026 9,356.86 9,356.86 09/22/2025 Coupon 43815JAC7 70,000.00 HAROT 2023-1 A3 5.04 04/21/2027 135.94 135.94 09/22/2025 Principal Paydown 43815JAC7 70,000.00 HAROT 2023-1 A3 5.04 04/21/2027 3,892.62 3,892.62 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E CONFIDENTIAL | 56
City of Gardena | Account #10645 | As of October 31, 2024 Execution Time: 11/04/2024 04:40:51 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 09/25/2025 Coupon 05602RAD3 126,176.95 BMWOT 2022-A A3 3.21 08/25/2026 31.02 31.02 09/25/2025 Principal Paydown 05602RAD3 126,176.95 BMWOT 2022-A A3 3.21 08/25/2026 8,079.00 8,079.00 09/25/2025 Coupon 3137BNGT5 500,000.00 FHMS K-054 A2 2.745 01/25/2026 1,014.33 1,014.33 09/25/2025 Principal Paydown 3137BNGT5 500,000.00 FHMS K-054 A2 2.745 01/25/2026 860.49 860.49 09/25/2025 Coupon 3137BVZ82 320,000.00 FHMS K-063 A2 3.43 01/25/2027 914.67 914.67 09/25/2025 Coupon 3137FEBQ2 500,000.00 FHMS K-072 A2 3.444 12/25/2027 1,435.00 1,435.00 09/25/2025 Coupon 3137FETN0 465,000.00 FHMS K-073 A2 3.35 01/25/2028 1,298.13 1,298.13 09/25/2025 Coupon 3137FHPJ6 325,000.00 FHMS K-080 A2 3.926 07/25/2028 1,063.29 1,063.29 09/25/2025 Coupon 3137FJEH8 155,000.00 FHMS K-081 A2 3.9 08/25/2028 503.75 503.75 09/25/2025 Coupon 3137FJKE8 220,000.00 FHMS K-082 A2 3.92 09/25/2028 718.67 718.67 09/25/2025 Coupon 3137FJXV6 297,000.00 FHMS K-083 A2 4.05 09/25/2028 1,002.38 1,002.38 09/25/2025 Coupon 3137FJZ93 240,000.00 FHMS K-084 A2 3.78 10/25/2028 756.00 756.00 09/25/2025 Coupon 3137H4BY5 315,000.00 FHMS K-746 A2 2.031 09/25/2028 533.14 533.14 09/30/2025 Coupon 9128286L9 750,000.00 UNITED STATES TREASURY 2.25 03/31/2026 8,437.50 8,437.50 09/30/2025 Coupon 912828YG9 300,000.00 UNITED STATES TREASURY 1.625 09/30/2026 2,437.50 2,437.50 09/30/2025 Coupon 91282CEF4 750,000.00 UNITED STATES TREASURY 2.5 03/31/2027 9,375.00 9,375.00 09/30/2025 Coupon 91282CFM8 570,000.00 UNITED STATES TREASURY 4.125 09/30/2027 11,756.25 11,756.25 September 2025
Total 1,497,505.42 104,042.26 1,601,547.68
Grand Total 142,047,191.68 9,739,686.10 985,845.24 10,725,531.34 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E CONFIDENTIAL | 57
City of Gardena | Account #10645 | As of October 31, 2024 Execution Time: 11/04/2024 04:40:51 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

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.

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 AA+/Aaa/AAA by S&P , Moody’s and Fitch respectively.

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

Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

INVESTMENT REPORT
City of Gardena | As of September 30, 2024
CHANDLER ASSET MANAGEMENT | chandlerasset.com
Chandler Team:

For questions about your account, please call (800) 317-4747, or contact [email protected]
Information contained herein is confidential. We urge you to compare this statement to the one you receive from your qualified custodian. Please see Important Disclosures at the end of the statement. 1 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

TABLE OF CONTENTS

ECONOMIC UPDATE

ACCOUNT PROFILE

CONSOLIDATED INFORMATION

PORTFOLIO HOLDINGS

TRANSACTIONS
2 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

ECONOMIC UPDATE
3 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E 


Recent economic data suggests positive but slower growth this year fueled by consumer spending. While the consumer has been resilient, declining savings rates, growing credit card debt, higher delinquencies, and a moderating labor market pose potential headwinds to future economic growth. Inflationary trends are subsiding, but core levels remain above the Fed’s target. The labor market is showing signs of cooling, reflecting an improved balance between supply and demand for workers. Given the cumulative effects of restrictive monetary policy and tighter financial conditions, we believe the economy will gradually soften and the Fed will continue to lower rates at a measured pace through this year with the ability to move more aggressively should the employment data warrant.

The Federal Open Market Committee (FOMC) delivered the first rate cut of the easing cycle with a 50 basis point cut at the September meeting. Although a reduction in the Fed Funds Rate was widely anticipated, the magnitude was somewhat of a surprise, as market participants were split between whether theFOMC would cut by 25 basis points or 50 basis points. Chair Jerome Powell reiterated previous statements acknowledging that monetary policy has shifted into a more balanced approach addressing price stability and full employment in tandem. The Fed released the quarterly Summary of Economic Projections (SEP) which now forecasts a substantially lower median Fed Funds Rate expectation among Fed Governors in 2025 due to lower inflation expectations and a higher projected unemploymentrate. We believe the Fed will continue to lower rates at a measured pace through this year with the ability to move more aggressively should the employment data warrant.

The US Treasury yield curve shifted lower in September following the 50 basis points rate cut by the FOMC mid-month. The 2-year Treasury yield fell 28 basis points to 3.64%, the 5-year Treasury dropped15 basis points to 3.56%, and the 10-year Treasury yield declined 12 basis points to 3.78%. The 2-year and 10-year Treasury yield points on the curve began to normalize to +14 basis points at Septembermonth-end versus -2 basis points at August month-end. The spread between the 2-year Treasury and 10-year Treasury yield one year ago was -47 basis points. The inversion between 3-month and 10-year Treasuries ended the month of September at -85 basis points.

ECONOMIC UPDATE
4 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E -400
-200
0 200
400
600
800
1,000MOM Change In Thousands (000's)
Nonfarm Payroll (000's)
Non-farm Payroll (000's)
3-month average (000's)

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%
Unemployment Rate
Underemployment Rate (U6)
Unemployment Rate (U3)
Rate (%)
The U.S. economy added 254,000 jobs in September,well above expectations of 150,000. The three-monthmoving average and six-month moving average payrolls continued to trend weaker to 186,000 and 167,000 respectively. The unemployment rate declined to 4.1% in September, and the labor participation rate remained at 62.7%, remaining below the pre-pandemic level of 63.3%. The U-6 underemployment rate, which includes those who are marginally attached to the labor force and employed part time for economic reasons declined to 7.7% from 7.9%. Average hourly earnings rose 4.0% year-over-year in September. U.S. labor market data from September surprised to the upside, with strong job growth and a sharper-than-expected drop in unemployment, suggesting the economy may be more resilient than anticipated. The Federal Reserve’s view is that there has been “substantial” progress towards better balance in the labor market between demand and supply for workers.

Source: US Department of Labor Source: US Department of Labor

EMPLOYMENT
5 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E 0 2,000
4,000
6,000
8,000
10,000
12,000
14,000
Job Openings
Recession
Historical Average
In Thousands (000's)
The Labor D epartment’s Job Openings and Labor Turnover Survey (JOLTS) increased to 8.04 million job openings in August from an upwardly revised 7.71 million in July. Job openings have increased to a ratio of 1.13 jobs for each unemployed individual. The quits rate, an indicator of job availability, declined to 1.9% from downwardly revised 2.0% in July. That is the lowest level since 2020. While the current level of job openings remains elevated from a historical perspective, the trend is decelerating.

Source: US Department of Labor

JOB OPENINGS & LABOR TURNOVER SURVEY
6 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

9.0%

10.0%
Consumer Price Index (CPI)
CPI YOY % Change
Core CPI YOY % Change
YOY (%) Change

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

9.0%

10.0%
Personal Consumption Expenditures (PCE)
PCE Price Deflator YOY % Change
PCE Cor e Deflator Y OY % Change
Fed Target
YOY (%) Change
In September, t he Consumer Price Index (CPI) rose 0.2% month-over-monthand 2.4% year-over-year, down from 2.5% in August, but slightly higher than expected. The Core CPI, which excludes volatile food and energy components, rose by 0.3% month-over-monthand

3.3% year-over-year, also exceeding consensus forecasts. The Personal Consumption Expenditures (PCE) Index rose 0.1% from the previous month and 2.2% year-over-year in August. The Core PCE deflator (the Fed’s preferred gauge) increased 0.1% month-over-month and 2.7% over the past year, still above the Fed’s 2% inflation target. Much of the lingering inflation has been driven by shelter costs and demand for services, but recent data provide confirmation that inflation is moderating.

Source: US Department of Labor Source: US Department of Commerce

INFLATION
7 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E -30.0%
-20.0%
-10.0%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%
Retail Sales YOY % Change
YOY (%) Change
Retail Sales g rew more than expected month-over-monthin August at 0.1% after growth of 1.1% in July. On a year-over-year basis, Retail Sales grew 2.1% in August versus 2.9% in July. Control-groupsales, which are used to calculate gross domestic product,rose 0.3% month- over-month in August after last month’s data was revised higher to an increase of 0.4%. E-commerce contributed the most to the increase. The Conference Board’s Consumer Confidence Index for September came in below expectations, contracting to 98.7 after an upward revision to 105.6 in August. The decline reflects recent softening in labor market conditions, and less optimism about the job market and income growth. While the consumer has been resilient, consumption has begun to moderate in the face of declining savings rates, growing credit card debt, higher delinquencies, and a moderating labor market. 0 20
40 60
80 100
120
140
160
Index Level
Consumer Confidence
Recession
Source: US Department of Commerce Source: The Conference Board All time high is 144.70 (1/31/00); All time low is 25.30 (2/28/09)

CONSUMER
8 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E -25.0%
-20.0%
-15.0%
-10.0%
-5.0%

0.0%

5.0%

10.0%

15.0%
Leading Economic Indicators (LEI)
Recession
YOY (%) Change
-1.00
-0.75
-0.50
-0.25

0.00 0.25

0.50 0.75

1.00 Chicago Fed National Activity Index (CFNAI)
Recession
3 Month Average
The Conference B oard’s Leading Economic Index (LEI) remained in negative territory at -0.2% in August, improving from -0.6% in July. The index dropped 5.0% year-over-year. The improvementcan be attributed to a decrease in the yield curve inversion, an increase in building permits, and stock market performance. The Chicago Fed National Activity Index (CFNAI) increased to 0.12 in August from a downwardly revised -0.42 in July, which was above consensus expectations. The three-month moving average fell to -0.17 in August from -0.13 in July, indicating below-trend growth expectations for the economy.

Source: The Conference Board Source: Federal Reserve Bank of Chicago

LEADING INDICATORS OF ECONOMIC ACTIVITY
9 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E 0 200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
2,200
2,400In Thousands of Units
Annualized Housing Starts
Multi Family Housing Starts
Single Family Housing Starts
Housing starts surprised to the upside on a month-over-monthbasis in August, increasing 9.6% to 1.356 million units versus the previous decline of 6.9% the prior month. Starts were led by the single-family home sector. Total starts were up 3.9% year-over-year. The Freddie Mac average rate for a 30-year fixed mortgage edged down to 6.35% in August from 6.85% in July. According to the Case-Shiller 20-City Home Price Index, housing prices rose 5.9% year-over-year in July, decelerating from 6.5% reported in the previous month. Although the trend is gradually improving, tight inventories and higher mortgage rates continue to impact affordability.

Source: US Department of Commerce Source: S&P
-20.0%
-16.0%
-12.0%
-8.0%
-4.0%

0.0%

4.0%

8.0%

12.0%

16.0%

20.0%

24.0%
S&P/Case-Shiller 20 City Composite Home Price Index
Recession
YOY (%) Change

HOUSING
10 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E 40 45
50 55
60 65
70 Institute of Supply Management (ISM) Surveys
ISM Manufacturing ISM Services

EXPANDING

CONTRACTING
The Institute for Supply Management (ISM) Manufacturing index contracted at a slower rate of 47.2 in September compared to 47.5 in August. Demand remains subdued and companies are continuing to reduce head counts through layoffs, attrition and hiring freezes. The ISM Services Index increased to 54.9 in September, increasing from 51.7 in August, due stronger production and new orders. A reading over 50 indicates expansion, while a reading under 50 indicates contraction.

Source: Institute for Supply Management

SURVEY BASED MEASURES
11 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E Components of GDP 9/23 12/ 23 3/24 6/24

1.7% 2.3% 1.3% 1.9%

1.8% 0.2% 0.6% 1.5%
-0.1% 0.1% -0.6% -0.9%

0.3% 0.0% 0.0% 0.3%

0.6% 0.6% 0.3% 0.3%

4.4% 3.2% 1.6% 3.0%
State and Local (Consumption and Gross
Investment)
Personal Consumption Expenditures
Gross Private Domestic Investment
Net Exports and Imports
Federal Government Expenditures
Total
-40.0%
-30.0%
-20.0%
-10.0%

0.0%

10.0%

20.0%

30.0%

40.0%
Gross Domestic Product (GDP)
GDP QOQ % Change
GDP YOY % Change
Source: US Department of Commerce Source: US Department of Commerce According to t he third estimate, second quarter GDP increased at an annualized rate of 3.0%, unchanged from the prior estimate. Growth continues to be powered by personal consumption expenditures. Gross fixed investment, government consumption expenditures, and inventories also had positive contributions, with a negative offset by net exports. The consensus projection calls for 2.0% growth in the third quarter and 2.6% growth for the full year 2024.

GROSS DOMESTIC PRODUCT (GDP)
12 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E Source: Federal Reserve Source: Bloomberg
0 1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
8,000,000
9,000,000
10,000,000
Federal Reserve Balance Sheet Assets
Recession
In $ millions
The Federal Open Market Committee (FOMC) delivered the first rate cut of the easing cycle at the September meeting. Although a reduction in the Fed Funds Rate was widely anticipated, the magnitude was somewhat of a surprise, as market participants were split between whether the FOMC would cut by 25 basis points or 50 basis points. Chair Jerome Powell reiterated previous statements acknowledging that monetary policy has shifted into a more balanced approach addressing price stability and full employment in tandem.

The Fed released the quarterly Summary of Economic Projections (SEP) which now forecasts a substantially lower median Fed Funds Rate expectation among Fed Governors in 2025 to 3.1 – 3.6%. The Fed continues to reduce its holdings of U.S. Treasury securities and agency mortgage-backed securities as per its predefined schedule of $25 billion and $35 billion per month. Since the Fed began its Quantitative Tightening campaign in June 2022, securities holdings have declined by approximately $1.8T to approximately $7.1T.

0.00%

1.00%

2.00%

3.00%

4.00%

5.00%

6.00%
Effective Federal Funds Rate
Recession
Yield (%)

FEDERAL RESERVE
13 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E Source: Bloomberg Source: Bloomberg

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%
US Treasury Note Yields
2-Year
5-Year
10-Year
Yield (%)

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%
US Treasury Yield Curve
Sep-24
Jun-24
Sep-23
Yield (%)
At the end of September,the 2-year Treasury yield was 140 basis points lower, and the 10-Year Treasury yield was 79 basis points lower, year-over-year. The 2-year and 10-year Treasury yield points on the curve began to normalize to +14 basis points at Septembermonth-end versus -2 basis points at August month-end. The yield curve inversion which began in July 2022 was historically long. The average historical spread (since 2003) is about +110 basis points. The inversion between 3-month and 10-year Treasuries tightened to -85 basis points in September from -121 basis points in August.

BOND YIELDS
14 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

ACCOUNT PROFILE
15 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

OBJECTIVES
Investment Objectives
The City of Gardena's investment objectives, in order of priority, are to provide safety to ensure the preservation of capital in the overall portfolio, provide sufficient liquidity for cash needs and a market rate of return consistent with the investment program.

Chandler Asset Management Performance Objective
The performance objective for the portfolio is to earn a total rate of return through a market cycle that is equal to or above the return on the benchmark index.

Strategy
In order to achieve these objectives, the portfolio invests in high quality fixed income securities consistent with the investment policy and California Government Code.
16 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

STATEMENT OF COMPLIANCE
City of Gardena | Account #10645 | As of September 30, 2024 Rules Name Limit Actual Compliance
Status Notes

AGENCY MORTGAGE SECURITIES (CMOS)
Max % (MV) 100.0 9.9 Compliant
Max % Issuer (MV) 25.0 9.9 Compliant
Max Maturity (Years) 5.0 4.1 Compliant

ASSET-BACKED SECURITIES (ABS)
Max % (MV) 20.0 8.8 Compliant
Max % Issuer (MV) 5.0 1.6 Compliant
Max Maturity (Years) 5.0 4.5 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant

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

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

COLLATERALIZED TIME DEPOSITS (NON-

NEGOTIABLE CD/TD)
Max % (MV) 20.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant

COMMERCIAL PAPER
Max % (MV) 25.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Days) 270 0.0 Compliant
Min Rating (A-1 by 1 or A- by 1) 0.0 0. 0 Compliant

CORPORATE MEDIUM TERM NOTES
Max % (MV) 30.0 27.4 Compliant
Max % Issuer (MV) 5.0 2.0 Compliant
17 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

STATEMENT OF COMPLIANCE
City of Gardena | Account #10645 | As of September 30, 2024 Rules Name Limit Actual Compliance
Status Notes
Max Maturity (Years) 5 4 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

FDIC INSURED TIME DEPOSITS (NON-NEGOTIABLE
CD/TD)
Max % (MV) 20.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant

FEDERAL AGENCIES
Max % (MV) 100.0 11.1 Compliant
Max % Issuer (MV) 25.0 7.9 Compliant
Max Callables (MV) 20.0 0.0 Compliant
Max Maturity (Years) 5 4 Compliant

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

LOCAL GOVERNMENT INVESTMENT POOL (LGIP)
Max % (MV) 100.0 0.0 Compliant

MONEY MARKET MUTUAL FUNDS
Max % (MV) 20.0 0.6 Compliant
Max % Issuer (MV) 20.0 0.6 Compliant
Min Rating (AAA by 2) 0.0 0.0 Compliant

MORTGAGE -BACKED SECURITIES, CMOS (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) 30.0 0.0 Compliant
Max % I ssuer (MV) 5.0 0.0 Compliant
Max Maturity (Years) 5 0.0 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant
18 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

STATEMENT OF COMPLIANCE
City of Gardena | Account #10645 | As of September 30, 2024 Rules Name Limit Actual Compliance
Status Notes

MUNICIPAL SECURITIES (CA, OTHER STATES)
Max % (MV) 30.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Years) 5 0.0 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

MUTUAL FUNDS
Max % (MV) 20.0 0.0 Compliant
Max % Issuer (MV) 10.0 0.0 Compliant
Min Rating (AAA by 2) 0.0 0.0 Compliant

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

SUPRANATIONAL OBLIGATIONS
Max % (MV) 30.0 2.5 Compliant
Max % Issuer (MV) 10.0 2.0 Compliant
Max Maturity (Years) 5 3 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant
U.S. TREASURIES
Max % (MV) 100.0 39.7 Compliant
Max Maturity (Years) 5 4 Compliant
19 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

PORTFOLIO CHARACTERISTICS
City of Gardena | Account #10645 | As of September 30, 2024 Benchmark* 9/30/2024
Portfolio
6/30/2024
Portfolio
Average Maturity (yrs) 1.84 2.12 2.12
Average Modified Duration 1.76 1.81 1.82
Average Purchase Yield 3.75% 3.67%
Average Market Yield 3.71% 4.08% 5.01%
Average Quality** AA+ AA AA
Total Market Value 33,420,251 32,495,101
*Benchmark: ICE BofA 1-3 Year US Treasury & Agency Index **The credit quality is a weighted average calculation of the highest of S&P, Moody’s and Fitch. 20 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

SECTOR DISTRIBUTION
City of Gardena | Account #10645 | As of September 30, 2024 Sector as a Percentage of Market Value
Sector 09/30/2024 06/30/2024
US Treasury 39.70% 41.93%
Corporate 27.44% 25.55%
Agency 11.08% 11.12%
Agency CMBS 9.90% 9.21%
ABS 8.78% 8.93%
Supras 2.53% 2.81%
Money Mkt Fd 0.57% 0.43%
21 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

ISSUERS
City of Gardena | Account #10645 | As of September 30, 2024 Issuer Investment Type % Portfolio
United States US Treasury 39.70%
FHLMC Agency CMBS 9.90%
Farm Credit System Agency 7.90%
Federal Home Loan Banks Agency 2.17%
John Deere Owner Trust ABS 2.06%
International Bank for Recon and Dev Supras 2.05%
American Express Credit Master Trust ABS 1.98%
Royal Bank of Canada Corporate 1.96%
PACCAR Inc Corporate 1.79%
The Toronto-Dominion Bank Corporate 1.72%
Morgan Stanley Corporate 1.71%
National Rural Utilities Cooperative Corporate 1.49%
State Street Corporation Corporate 1.39%
Northern Trust Corporation Corporate 1.36%
Caterpillar Inc. Corporate 1.25%
Toyota Motor Corporation Corporate 1.25%
Honeywell International Inc. Corporate 1.25%
The Home Depot, Inc. Corporate 1.25%
Bank of Montreal Corporate 1.21%
Comcast Corporation Corporate 1.20%
JPMorgan Chase & Co. Corporate 1.20%
Apple Inc. Corporate 1.19%
Chase Issuance Trust ABS 1.05%
NextEra Energy, Inc. Corporate 1.04%
FNMA Agency 1.01%
Bank of America Corporation Corporate 0.93%
PepsiCo, Inc. Corporate 0.92%
Mastercard Incorporated Corporate 0.90%
Public Service Enterprise Group Inco Corporate 0.89%
Honda Auto Receivables Owner Trust ABS 0. 73%
22 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

ISSUERS
City of Gardena | Account #10645 | As of September 30, 2024 Issuer Investment Type % Portfolio
First American Govt Oblig fund Money Mkt Fd 0.57%
GM Financial Securitized Term ABS 0.56%
Cisco Systems, Inc. Corporate 0.52%
International Finance Corporation Supras 0.48%
Hyundai Auto Receivables Trust ABS 0.47%
BMW Vehicle Owner Trust ABS 0.42%
Mercedes-Benz Auto Lease Trust 2024- ABS 0.39%
Deere & Company Corporate 0.39%
Walmart Inc. Corporate 0.35%
MERCEDES-BENZ AUTO RECEIVABLES TRUST ABS 0.31%
Hyundai Auto Receivables Trust 2024- ABS 0.28%
Merck & Co., Inc. Corporate 0.27%
Toyota Auto Receivables Owner Trust ABS 0.24%
GM Financial Automobile Leasing Trus ABS 0.23%
BMW Vehicle Lease Trust ABS 0.07%
Cash Cash 0.00%
TOTAL 100.00%
23 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

QUALITY DISTRIBUTION
Rating 09/30/2024 06/30/2024
AAA 12.0% 16.6%
AA 60.0% 56.9%
A 25.5% 23.6%
NR 2.5% 2.9%
Rating 09/30/2024 06/30/2024
AAA 68.7% 71.1%
AA 3.2% 2.2%
A 23.2% 22.2%
NR 5.0% 4.4%
Rating 09/30/2024 06/30/2024
AAA 18.5% 22.6%
AA 59.6% 56.3%
A 11.2% 10.8%
NR 10.7% 10.4%
City of Gardena | Account #10645 | As of September 30, 2024 S&P Rating Moody’s Rating Fitch Rating
24 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

DURATION DISTRIBUTION
City of Gardena | Account #10645 | As of September 30, 2024 Date 0-.25 .25-.5 .5-1 1-2 2-3 3-4 4-5 5-7 7+
09/30/2024 9.3% 8.5% 18.7% 19.5% 21.6% 18.9% 3.5% 0.0% 0.0% 06/30/2024 8.2% 10.9% 13.5% 20.5% 20.8% 18.4% 4.8% 0.0% 0.0% 25 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E 3 Months 12 Months 2 Years 3 Years 5 Years 10 Years Since Inception

TOTAL RATE OF RETURN
City of Gardena 2.85% 7.13% 5.10% 1.87% 1.89% 2.24%
Benchmark 2.86% 6.74% 4.58% 1.34% 1.51% 1.84%
*Periods over 1 year are annualized.

Benchmark: ICE BofA 1-3 Year US Treasury & Agency Index Total rate of return: A measure of a portfolio’s performance over time. It is the internal rate of return, which equates the beginning value of the portfolio with the ending market value; it includes interest earnings, realized and unrealized gains and losses in the portfolio.

INVESTMENT PERFORMANCE
City of Gardena | Account #10645 | As of September 30, 2024 Total Rate of Return : Inception | 01/01/2019
26 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

PORTFOLIO CHARACTERISTICS
City of Gardena Reporting | Account #10646 | As of September 30, 2024 9/30/2024
Portfolio
6/30/2024
Portfolio
Average Maturity (yrs) 0.00 0.00
Average Modified Duration 0.00 0.00
Average Purchase Yield 4.93% 5.22%
Average Market Yield 4.93% 5.22%
Average Quality** AAA AAA
Total Market Value 63,015,585 61,294,960
*Benchmark: NO BENCHMARK REQUIRED
**The credit quality is a weighted average calculation of the highest of S&P, Moody’s and Fitch. 27 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

SECTOR DISTRIBUTION
City of Gardena Reporting | Account #10646 | As of September 30, 2024 Sector as a Percentage of Market Value
Sector 09/30/2024 06/30/2024
LGIP 91.06% 90.92%
LAIF 8.84% 8.98%
Cash 0.10% 0.10%
28 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

CONSOLIDATED INFORMATION
29 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

PORTFOLIO CHARACTERISTICS
City of Gardena Cons | Account #10647 | As of September 30, 2024 9/30/2024
Portfolio
6/30/2024
Portfolio
Average Maturity (yrs) 0.73 0.73
Average Modified Duration 0.63 0.63
Average Purchase Yield 4.52% 4.69%
Average Market Yield 4.64% 5.15%
Average Quality** AA+ AA+
Total Market Value 96,435,837 93,790,060
*Benchmark: NO BENCHMARK REQUIRED
**The credit quality is a weighted average calculation of the highest of S&P, Moody’s and Fitch. 30 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

SECTOR DISTRIBUTION
City of Gardena Cons | Account #10647 | As of September 30, 2024 Sector as a Percentage of Market Value
Sector 09/30/2024 06/30/2024
LGIP 59.64% 59.54%
US Treasury 13.70% 14.47%
Corporate 9.47% 8.82%
LAIF 5.79% 5.88%
Agency 3.82% 3.84%
Agency CMBS 3.41% 3.18%
ABS 3.03% 3.08%
Supras 0.87% 0.97%
Money Mkt Fd 0.20% 0.15%
Cash 0.07% 0.08%
31 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

PORTFOLIO HOLDINGS
32 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

HOLDINGS REPORT
City of Gardena | Account #10645 | As of September 30, 2024 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
47788UAC6 JDOT 2021 A3 0.36 09/15/2025 314.96 03/02/2021

1.11%
314.90
314.96

99.81 5.41%
314.35

0.05 0.00%
(0.60)
Aaa/NA
AAA

0.96 0.04
05593AAC3 BMWLT 2023-1 A3 5.16
11/25/2025 23,438.56 02/07/2023

5.43%
23,438.00
23,438.33
100.08

4.88%
23,457.90

20.16 0.07%

19.57 Aaa/AAA
NA

1.15 0.25
43815GAC3 HAROT 2021-4 A3 0.88
01/21/2026 23,083.29 11/16/2021

0.89%
23,078.43
23,081.95

98.70 5.24%
22,782.75

5.64 0.07%
(299.21)
Aaa/NA
AAA

1.31 0.30
47789QAC4 JDOT 2021-B A3 0.52 03/16/2026 14,847.54 07/13/2021

0.52%
14,846.22
14,847.31

98.83 4.69%
14,673.61

3.43 0.04%
(173.71)
Aaa/NA
AAA

1.46 0.28
89238JAC9 TAOT 2021-D A3 0.71 04/15/2026 18,705.95 11/09/2021

0.95%
18,705.55
18,705.87

98.81 4.64%
18,483.69

5.90 0.06%
(222.18)
NA/AAA
AAA

1.54 0.30
43815BAC4 HAROT 2022-1 A3 1.88
05/15/2026 75,811.34 02/15/2022

1.89%
75,799.93
7 5,807.40

98.81 4.89%
74,907.57

63.34 0.23%
(899.83)
Aaa/AAA
NA

1.62 0.39
43815PAC3 HAROT 2022-2 A3 3.73
07/20/2026 73,315.70 08/15/2022

3.87%
73,311.33
73,314.02

99.47 4.82%
72,923.96

98.75 0.22%
(390.06)
NA/AAA
AAA

1.80 0.50
05602RAD3 BMWOT 2022-A A3 3.21
08/25/2026 140,236.72 01/05/2023

4.81%
136,560.99
138,349.35
9 9.33

4.75%
139,294.65

75.03 0.42%
945.30
Aaa/AAA
NA

1.90 0.44
47787JAC2 JDOT 2022 A3 0.36 09/15/2026 55,419.40 03/10/2022

2.34%
55,407.14
55,414.48

98.85 4.69%
54,782.00

57.14 0.17%
(632.48)
Aaa/NA
AAA

1.96 0.49
89238FAD5 TAOT 2022-B A3 2.93 09/15/2026 62,831.16 04/07/2022

3.09%
62,829.69
62,830.68

99.18 4.65%
62,317.80

81.82 0.19%
(512.89)
Aaa/AAA
NA

1.96 0.48
379929AD4 GMALT 2023-3 A3 5.38
11/20/2026 75,000.00 08/08/2023

5.38%
74,991.01
74,994.12
100.76

4.56%
75,569.37
123.29

0.23%
575.25
NA/AAA
AAA

2.14 0.86
47800AAC4 JDOT 2022-B A3 3.74 02/16/2027 100,996.22 07/12/2022

3.77%
100,986.58
100,992.07

99.44 4.62%
100,432.99
167.88

0.30%
(559.09)
Aaa/NA
AAA

2.38 0.66
448979AD6 HART 2023-A A3 4.58 04/15/2027 155,000.00 0
4/04/2023

5.14%
154,984.87
154,990.43
100.11

4.47%
155,170.69
315.51

0.47%
180.26
NA/AAA
AAA

2.54 0.73
36265WAD5 GMCAR 2022-3 A3 3.64
04/16/2027 70,018.84 07/06/2022

3.93%
70,018.36
70,018.64

99.46 4.67%
69,641.88
106.20

0.21%
(376.75)
Aaa/NA
AAA

2.54 0.54
43815JAC7 HAROT 2023-1 A3 5.04
04/21/2027 70,000.00 02/16/2023

5.09%
69,986.99
69,992.04
100.51

4.49%
70,353.93

98.00 0.21%
361.89
Aaa/NA
AAA

2.56 0.84
02582JJT8 AMXCA 2022-2 A 3.39 05/17/2027 185,000.00 05/17/2022

3.42%
184,959.08
184,988.12

99.28 4.61%
183,668.19
278.73

0.55%
(1,319.94)
N
A/AAA
AAA

0.62 0.60
33 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
47800BAC2 JDOT 2022-C A3 5.09 06/15/2027 197,642.90 10/12/2022

3.29%
197,627.57
197,634.89
100.44

4.58%
198,522.32
447.11

0.60%
887.43
Aaa/NA
AAA

2.71 0.79
58770AAC7 MBART 2023-1 A3 4.51
11/15/2027 103,537.36 01/18/2023

4.56%
103,524.94
103,529.52
100.01

4.54%
103,549.82
207.53

0.31%

20.30 NA/AAA
AAA

3.13 0.73
58769GAD5 MBALT 2024-B A3 4.23
02/15/2028 130,000.00 09/17/2024

4.24%
129,978.12
129,978.23

99.87 4.34%
129,837.34

91.65 0.39%
(140.88)
NA/AAA
NA

3.38 1.76
362583AD8 GMCAR 2023-2 A3 4.47
02/16/2028 115,000.00 04/04/2023

4.51%
114,996.84
114,997.80
100.13

4.38%
115,154.79
214.19

0.35%
156.99
Aaa/AAA
NA

3.38 1.05
02582JJZ4 AMXCA 2023-1 A 4.87 05/15/2026 125,000.00 06/07/2023

4.87%
124,988.91
124,992.06
101.19

4.14%
126,493.46
270.56

0.38%
1,501.40
NA/AAA
AAA

1.62 1.53
47787CAC7 JDOT 2023-C A3 5.48 05/15/2028 310,000.00 09/12/2023

5.40%
309,978.70
309,983.44
1 01.66

4.46%
315,146.03
755.02

0.95%
5,162.60
Aaa/NA
AAA

3.62 1.52
161571HT4 CHAIT 2023-1 A 5.16 09/15/2028 340,000.00 09/07/2023

5.17%
339,905.75
339,925.46
102.17

4.04%
347,379.50
779.73

1.05%
7,454.04
NR/AAA
AAA

3.96 1.82
02582JKD1 AMXCA 2023-3 A 5.23 09/15/2028 340,000.00 09/12/2023

5.29%
339,984.80
339,987.95
102.30
4 .04%
347,819.93
790.31

1.05%
7,831.98
NA/AAA
AAA

3.96 1.82
44934QAD3 HART 2024-B A3 4.84 03/15/2029 90,000.00 07/16/2024

4.90%
89,986.42
89,986.97
101.71

4.12%
91,535.44
193.60

0.28%
1,548.46
NA/AAA
AAA

4.45 2.19
Total ABS 2,895,199.95 4.47%
2,891,191.11
2,893,096.10
100.67

4.42%
2,914,213.95
5,250.59

8.78%
21,117.85
Aaa/AAA
AAA

2.85 1.16
AGENCY
3133ENKS8 FEDERAL FARM CREDIT BANKS
FUNDING CORP 1.125 01/06/2025 750,000.00 --

1.59%
740,054.10
749,085.21

99.09 4.60%
743,183.72
1,992.19

2.24%
(5,901.49)
Aaa/AA+
AA+

0.27 0.26
3133ENPG9 FEDERAL FARM CREDIT BANKS
FUNDING CORP 1.75 02/14/2025 415,000.00 02/10/2022

1.84%
413,891.95
414,862.38

98.95 4.62%
410,653.57
948.16

1.24%
(4,208.81)
Aaa/AA+
AA+

0.38 0.36
3135G06G3 FEDERAL NATIONAL MORTGAGE
ASSOCIATION 0.5 11/07/2025 350,000.00 11/18/2020

0.52%
3 49,639.50
349,920.11

96.23 4.04%
336,793.56
700.00

1.01%
(13,126.56)
Aaa/AA+
AA+

1.10 1.07
3133ERFJ5 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.5 05/20/2027 330,000.00 05/23/2024

4.79%
327,333.60
327,651.32
102.27

3.59%
337,507.20
5,403.75

1.02%
9,855.88
Aaa/AA+
AA+

2.64 2.43
3130ATS57 FEDERAL HOME LOAN BANKS 4.5
03/10/2028 700,000.00 03/21/2023

3.99%
715,799.00
710,933.08
102.91

3.59%
720,387.19
1,837.50

2.17%
9,454.10
Aaa/AA+
AA+

3.44 3.17
34 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
3133ERGL9 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.5 06/07/2028 450,000.00 06/25/2024

4.44%
450,984.50
450,918.28
103.04

3.61%
463,690.02
6,412.50

1.40%
12,771.75
Aaa/AA+
AA+

3.69 3.33
3133EPN50 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.25 12/15/2028 650,000.00 12/28/2023

3.89%
660,575.50
658,959.72
102.51

3.60%
666,334.82
8,134.03

2.01%
7,375.10
Aaa/AA+
AA+

4.21 3.79
3,658,278.15 100.97 3,678,550.07 11.08% Aaa/AA+ 2.34
Total Agency 3,645,000.00 3.06% 3,662,330.10 3.95% 25,428.12 16,219.97 AA+ 2.14

AGENCY CMBS
3137BNGT5 FHMS K-054 A2 2.745 01/25/2026 500,000.00 02/15/2023

4.65%
474,785.16
488,973.03

98.13 4.24%
490,653.35
1,143.75

1.48%
1,680.32
Aaa/AA+
AAA

1.32 1.15
3137BVZ82 FHMS K-063 A2 3.43 01/25/2027 320,000.00 02/06/2024

4.48%
310,725.00
312,787.09

98.82 3.92%
316,215.20
914.67

0.95%
3,428.11
Aaa/AA+
AAA

2.32 2.06
3137FEBQ2 FHMS K-072 A2 3.444 12/25/2027 500,000.00 08/22/2023

4.98%
470,429.69
478,073.59

98.60 3.87%
493,015.60
1,435.00
1 .49%
14,942.01
Aaa/AA+
AAA

3.24 2.94
3137FETN0 FHMS K-073 A2 3.35 01/25/2028 465,000.00 05/24/2023

4.27%
446,908.59
452,194.69

98.31 3.87%
457,142.34
1,298.13

1.38%
4,947.65
Aaa/AA+
AAA

3.32 2.99
3137FHPJ6 FHMS K-080 A2 3.926 07/25/2028 325,000.00 01/23/2024

4.45%
317,814.45
318,920.26

99.83 3
.93%
324,463.13
1,063.29

0.98%
5,542.87
Aaa/AA+
AA+

3.82 3.47
3137FJEH8 FHMS K-081 A2 3.9 08/25/2028 155,000.00 09/15/2023

4.86%
148,436.72
149,829.15

99.74 3.93%
154,603.22
503.75

0.47%
4,774.06
Aaa/AA+
AAA

3.90 3.53
3137FJKE8 FHMS K-082 A2 3.92 09/25/2028 220,000.00 09/20/2024

3.81%
220,575.78
220,573.38

99.81 3.93%
219,591.83
718.67

0.66%
(981.54)
Aaa/AA+
AAA

3.99 3.57
3137FJXV6 FHMS K-083 A2 4.05 09/25/2028 297,000.00 12/07/2023

4.60%
289,783.83
291,013.72
100.28

3.93%
297,839.03
1,002.38

0.90%
6,825.31
Aaa/AA+
AAA

3.99 3.60
3137H4BY5 FHMS K-746 A2 2.031 09/25/2028 315,000.00 10/03/2023

5.30%
270,973.83
279,842.94

93.13 3.91%
293,348.76
533.14

0.88%
13,505.82
Aaa/AA+
AAA

3.99 3.71
3137FJZ93 FHMS K-084 A2 3.78 10/25/2028 240,000.00 10/20/2023

5.34%
223,818.75
226,888.07

99.31 3.93%
238,333.97
756.00

0.72%
11,445.90
Aaa/AA+
AA+

4. 07

3.66 3,174,251.80 98.48 3,285,206.42 9.90% Aaa/AA+ 3.21 Total Agency CMBS 3,337,000.00 4.67% 3,219,095.92 3.96% 9,368.76 66,110.51 AAA 2.90 CASH
35 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
CCYUSD Receivable 1,316.45 --

0.00%
1,316.45
1,316.45

1.00 0.00%
1,316.45

0.00 0.00%

0.00 Aaa/AAA
AAA

0.00 0.00
Total Cash 1,316.45 0.00%
1,316.45
1,316.45

1.00 0.00%
1,316.45

0.00 0.00%

0.00 Aaa/AAA
AAA

0.00 0.00

CORPORATE
78015K7C2 ROYAL BANK OF CANADA 2.25
11/01/2024 500,000.00 --

0.88%
524,067.75
500,572.16

99.76 5.07%
498,811.08
4,687.50

1.50%
(1,761.08)
A1/A
AA-

0.09 0.08
69371RR57 PACCAR FINANCIAL CORP 0.9
11/08/2024 175,000.00 11/02/2021

0.90%
174,989.50
174,999.79

99.57 5.11%
174,243.49
625.63

0.52%
(756.30)
A1/A+
NA

0.11 0.10
06368LGU4 BANK OF MONTREAL 5.2
12/12/2024 400,000.00 03/25/2024

5.42%
399,352.00
399,820.55
100.03

4.94%
400,138.78
6,297.78

1.21%
318.23
A2/A-
AA-

0.20 0.20
24422EWB1 JOHN DEERE CAPITAL CORP 2.125
03/07/2025 130,000.00 03/02/2022

2.14%
129,944.10
129,991.99

98.94 4.62%
128,615.83
184.17

0.39%
(1,376.17)
A1/A
A+

0. 43

0.42 63743HFE7

NATIONAL RURAL UTILITIES
COOPERATIVE FINANCE CORP 3.45
06/15/2025
95,000.00 04/27/2022

3.46%
94,974.35
94,994.21

99.27 4.50%
94,308.12
965.04

0.28%
(686.09)
A2/A-
A

0.71 0.68
46625HMN7 JPMORGAN CHASE & CO 3.9
07/15/2025 400,000.00 05/29/2024

5.58%
392,748.00
394,935.95

99.62 4
.39%
398,485.77
3,293.33

1.20%
3,549.82
A1/A-
AA-

0.79 0.76
6174468C6 MORGAN STANLEY 4.0
07/23/2025 394,000.00 04/10/2024

5.56%
386,478.56
389,248.77

99.68 4.40%
392,724.42
2,976.89

1.18%
3,475.65
A1/A-
A+

0.81 0.78
931142EW9 WALMART INC 3.9 09/09/2025 80,000.00 09/06/2022

3.92%
79,944.00
79,982.47

99.80 4.11%
79,843.61
190.67

0.24%
(138.87)
Aa2/AA
AA

0.94 0.91
437076CR1 HOME DEPOT INC 4.0 09/15/2025 110,000.00 09/12/2022

4.01%
109,960.40
109,987.34

99.84 4.18%
109,819.06
195.56

0.33%
(168.28)
A2/A
A

0.96 0.93
20030NCS8 COMCAST CORP 3.95 10/15/2025 400,000.00 03/11/2024

4.95%
393,932.00
396,041.70

99.72 4.23%
398,870.71
7,285.56

1.20%
2,829.01
A3/A-
A-

1.04 0.99
857477BR3 STATE STREET CORP 1.746
02/06/2026 90,000.00 02/02/2022

1.75%
90,000.00
90,000.00

98.82 5.27%
88,939.19
240.08
0 .27%
(1,060.81)
A1/A
AA-

1.35 0.34
037833BY5 APPLE INC 3.25 02/23/2026 400,000.00 05/09/2023

4.05%
391,672.00
395,831.91

99.11 3.91%
396,454.50
1,372.22

1.19%
622.58
Aaa/AA+
NA

1.40 1.34
61747YET8 MORGAN STANLEY 4.679
07/17/2026 175,000.00 07/18/2022

4.68%
175,000.00
175,000.00

99.86 5.78%
174,753.23
1,683.14

0.53%
(246.77)
A1/A-
A+

1.79 0.76
36 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
06428CAA2 BANK OF AMERICA NA 5.526
08/18/2026 300,000.00 09/19/2023

5.61%
299,277.00
299,532.98
102.67

4.03%
308,023.37
1,980.15

0.93%
8,490.39
Aa1/A+
AA

1.88 1.69
931142ER0 WALMART INC 1.05 09/17/2026 40,000.00 09/08/2021

1.09%
39,924.40
39,970.35

94.97 3.74%
37,986.31

16.33 0.11%
(1,984.05)
Aa2/AA
AA

1.96 1.91
63743HFK3

NATIONAL RURAL UTILITIES
COOPERATIVE FINANCE CORP 5.6
11/13/2026
390,000.00 11/14/2023

5.25%
393,666.00
392,561.37
102.98

4.11%
401,624.98
8,372.00

1.21%
9,063.61
A2/A-
A

2.12 1.87
89115A2V3 TORONTO-DOMINION BANK 5.264
12/11/2026 160,000.00 12/04/2023

5.26%
160,000.00
160,000.00
102.49

4.07%
163,977.75
2,573.51

0.49%
3,977.75
A1/A
AA-

2.20 2.03
78016HZT0 ROYAL BANK OF CANADA 4.875
01/19/2027 150,000.00 01/10/2024

4.88%
149,962.50
149,971.26
101.87

4.01%
152,803.23
1,462.50

0.46%
2,831.97
A1/A
AA-

2.30 2.14
17275RBQ4 CISCO SYSTEMS INC 4.8
02/26/2027 170,000.00 02/21/2024

4.85%
169,779.00
1 69,822.96
102.19

3.84%
173,720.38
793.33

0.52%
3,897.42
A1/AA-
NA

2.41 2.17
857477CL5 STATE STREET CORP 4.993
03/18/2027 365,000.00 03/13/2024

4.99%
365,000.00
365,000.00
102.36

3.98%
373,629.49
658.11

1.13%
8,629.49
A1/A
AA-

2.46 2.23
89115A2W1 TORONTO-DOMINION BANK 4.98
04/05/2027 400,000.00 04/08/2024

5.21%
3 97,448.00
397,855.38
102.04

4.12%
408,140.76
9,738.67

1.23%
10,285.38
A1/A
AA-

2.51 2.29
665859AW4 NORTHERN TRUST CORP 4.0
05/10/2027 450,000.00 10/05/2022

4.70%
436,909.50
442,572.16
100.16

3.93%
450,732.16
7,050.00

1.36%
8,160.01
A2/A+
A+

2.61 2.34
14913UAL4 CATERPILLAR FINANCIAL SERVICES
CORP 5.0 05/14/2027 405,000.00 05/21/2024

4.93%
405,743.58
405,653.88
102.77

3.88%
416,225.79
7,706.25

1.25%
10,571.90
A2/A
A+

2.62 2.40
438516CJ3 HONEYWELL INTERNATIONAL INC

4.95 02/15/2028 400,000.00 02/13/2023

4.44%
408,972.00
406,002.99
103.50

3.83%
414,017.64
2,530.00

1.25%
8,014.65
A2/A
A

3.38 3.00
57636QAW4 MASTERCARD INC 4.875
03/09/2028 290,000.00 04/19/2023

4.17%
298,833.40
296,170.80
103.30

3.84%
299,576.98
863.96

0.90%
3,406.18
Aa3/A+
NA

3.44 3.07
74456QBU9 PUBLIC SERVICE ELECTRIC AND
GAS CO 3.7 05/01/2028 300,000.00 0
9/06/2023

5.10%
282,801.00
286,743.49

98.71 4.09%
296,132.30
4,625.00

0.89%
9,388.80
A1/A
WR

3.59 3.27
58933YBH7 MERCK & CO INC 4.05 05/17/2028 90,000.00 05/08/2023

4.07%
89,927.10
89,947.17
100.84

3.80%
90,757.58
1,356.75

0.27%
810.41
A1/A+
NA

3.63 3.23
69371RS80 PACCAR FINANCIAL CORP 4.6
01/31/2029 410,000.00 01/24/2024

4.64%
409,331.70
409,420.95
102.54

3.95%
420,420.54
3,195.72

1.27%
10,999.59
A1/A+
NA

4.34 3.88
89236TMF9 TOYOTA MOTOR CREDIT CORP

5.05 05/16/2029 400,000.00 06/25/2024

4.88%
402,872.00
402,715.93
1 03.74

4.15%
414,965.99
7,575.00

1.25%
12,250.06
A1/A+
A+

4.62 4.03
37 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
341081GT8 FLORIDA POWER & LIGHT CO 5.15
06/15/2029 330,000.00 09/19/2024

4.03%
345,331.80
345,230.69
104.31

4.13%
344,221.51
5,570.58

1.04%
(1,009.19)
Aa2/A+
AA-

4.71 3.97
437076DC3 HOME DEPOT INC 4.75
06/25/2029 295,000.00 --

4.74%
295,110.25
295,116.76
103.07

4.03%
304,060.16
3,736.67

0.92%
8,943.41
A2/A
A

4.73 4.10
713448FX1 PEPSICO INC 4.5 07/17/2029 295,000.00 07/15/2024

4.53%
294,542.75
294,561.78
103.07

3.79%
304,044.15
2,728.75

0.92%
9,482.36
A1/A+
NA

4.79 4.19
Total Corporate 8,989,000.00 4.47%
8,988,494.64
8,980,257.77
101.39

4.22%
9,111,068.85
102,530.83

27.44%
130,811.08
A1/A
A+

2.35 2.08

MONEY MARKET
FUND
31846V203 FIRST AMER:GVT OBLG Y 190,819.98 --

4.54%
190,819.98
190,819.98

1.00 4.54%
190,819.98

0.00 0.57%

0.00 Aaa/AAAm
AAA

0.00 0.00
Total Money Market
Fund 190,819.98 4.54%
190,819.98
190,819.98

1.00 4.54%
190,819.98

0.00 0.57%

0.00 A
aa/AAAm
AAA

0.00 0.00

SUPRANATIONAL
45950KCR9 INTERNATIONAL FINANCE CORP

1.375 10/16/2024 160,000.00 07/12/2021

0.54%
164,304.00
160,054.25

99.85 4.96%
159,760.52
1,008.33

0.48%
(293.73)
Aaa/AAA
NA

0.04 0.04
459058LK7

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 4.0 08/27/2026
170,000.00 08/20/2024

4.06%
169,802.80
169,812.25
100.53
3 .71%
170,899.16
642.22

0.51%
1,086.90
Aaa/AAA
NA

1.91 1.81
459058KT9

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.5 07/12/2028
250,000.00 11/28/2023

4.53%
239,372.50
241,301.33

99.62 3.61%
249,046.45
1,920.14

0.75%
7,745.11
Aaa/AAA
NA

3.78 3.48
459058KW2

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 4.625 08/01/2028
250,000.00 --

4.97%
246,407.00
247,123.55
103.60

3.61%
259,001.89
1,927.08

0.78%
11,878.34
Aaa/AAA
NA

3.84 3.47
Total Supranational 830,000.00 3.81%
819,886.30
818,291.39
101.08

3.89%
838,708.01
5,497.78

2.53%
20,416.62
Aaa/AAA
NA

2.71 2.49

US TREASURY
38 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
912797KT3 UNITED STATES TREASURY
10/10/2024 450,000.00 05/29/2024

5.40%
441,310.11
449,411.96

99.88 4.71%
449,477.44

0.00 1.35%

65.48 P-1/A-1+
F1+

0.03 0.02
912797KU0 UNITED STATES TREASURY
10/17/2024 450,000.00 04/18/2024

5.37%
438,319.84
448,967.50

99.79 4.78%
449,059.50

0.00 1.35%

92.00 P-1/A-1+
F1+

0.05 0.04
91282CDH1 UNITED STATES TREASURY 0.75
11/15/2024 750,000.00 11/18/2021

0.83%
748,125.00
749,922.73

99.50 4.84%
746,254.90
2,124.66

2.25%
(3,667.84)
Aaa/AA+
AA+

0.13 0.12
912828Z52 UNITED STATES TREASURY 1.375
01/31/2025 750,000.00 02/17/2022

1.71%
742,822.27
749,187.68

98.96 4.55%
742,199.71
1,737.43

2.24%
(6,987.97)
Aaa/AA+
AA+

0.34 0.33
912828ZF0 UNITED STATES TREASURY 0.5
03/31/2025 350,000.00 03/25/2021

0.58%
348,906.26
349,864.69

98.11 4.38%
343,382.81

4.81 1.03%
(6,481.87)
Aaa/AA+
AA+

0.50 0.49
91282CEH0 UNITED STATES TREASURY 2.625
04/15/2025 450,000.00 04/18/2024

5.18%
439,031.25
444,044.67

99.14 4.26%
4 46,118.75
5,454.41

1.34%
2,074.08
Aaa/AA+
AA+

0.54 0.52
912828ZT0 UNITED STATES TREASURY 0.25
05/31/2025 365,000.00 02/25/2021

0.60%
359,653.32
364,167.91

97.42 4.23%
355,579.15
306.66

1.07%
(8,588.76)
Aaa/AA+
AA+

0.67 0.65
91282CEU1 UNITED STATES TREASURY 2.875
06/15/2025 500,000.00 07/30/2024

4.90%
491,425.78
493,092.24

99.10 4
.17%
495,512.70
4,241.80

1.49%
2,420.45
Aaa/AA+
AA+

0.71 0.68
91282CEY3 UNITED STATES TREASURY 3.0
07/15/2025 475,000.00 03/15/2024

4.94%
463,273.44
468,046.44

99.19 4.06%
471,133.20
3,020.38

1.42%
3,086.76
Aaa/AA+
AA+

0.79 0.77
9128284Z0 UNITED STATES TREASURY 2.75
08/31/2025 750,000.00 --

0.99%
800,092.78
761,872.11

98.83 4.06%
741,251.96
1,766.23

2.23%
(20,620.16)
Aaa/AA+
AA+

0.92 0.89
91282CFK2 UNITED STATES TREASURY 3.5
09/15/2025 475,000.00 03/15/2024

4.90%
465,537.11
468,951.38

99.54 3.99%
472,836.52
734.81

1.42%
3,885.15
Aaa/AA+
AA+

0.96 0.93
91282CFP1 UNITED STATES TREASURY 4.25
10/15/2025 550,000.00 06/23/2023

4.59%
545,982.42
548,191.61
100.29

3.96%
551,611.33
10,793.37

1.66%
3,419.72
Aaa/AA+
AA+

1.04 0.99
91282CAZ4 UNITED STATES TREASURY 0.375
11/30/2025 750,000.00 --

0.88%
734,730.47
745,688.63
9 6.05

3.88%
720,380.86
945.18

2.17%
(25,307.77)
Aaa/AA+
AA+

1.17 1.14
9128286L9 UNITED STATES TREASURY 2.25
03/31/2026 750,000.00 02/25/2022

1.91%
760,078.13
753,688.11

97.81 3.77%
733,564.46

46.36 2.21%
(20,123.65)
Aaa/AA+
AA+

1.50 1.45
912828R36 UNITED STATES TREASURY 1.625
05/15/2026 250,000.00 10/14/2021

0.99%
257,148.44
252,525.24

96.71 3.73%
241,787.11
1,534.48

0.73%
(10,738.13)
Aaa/AA+
AA+

1.62 1.57
91282CHH7 UNITED STATES TREASURY 4.125
06/15/2026 475,000.00 08/26/2024

3.94%
476,502.93
476,422.87
100.68

3.71%
478,209.96
5,781.76

1.44%
1,787.09
Aaa/AA+
AA+

1.71 1.62
9 12828YG9 UNITED STATES TREASURY 1.625
09/30/2026 300,000.00 12/28/2021

1.24%
305,296.88
302,224.32

96.16 3.64%
288,480.47

13.39 0.87%
(13,743.86)
Aaa/AA+
AA+

2.00 1.94
39 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
91282CJC6 UNITED STATES TREASURY 4.625
10/15/2026 475,000.00 08/26/2024

3.84%
482,514.65
482,177.02
101.88

3.66%
483,943.36
10,144.04

1.46%
1,766.34
Aaa/AA+
AA+

2.04 1.89
912828U24 UNITED STATES TREASURY 2.0
11/15/2026 625,000.00 03/29/2022

2.55%
609,912.11
618,085.09

96.68 3.64%
604,248.05
4,721.47

1.82%
(13,837.04)
Aaa/AA+
AA+

2.13 2.04
91282CJP7 UNITED STATES TREASURY 4.375
12/15/2026 300,000.00 12/27/2023

4.02%
302,906.25
302,160.23
101.59

3.62%
304,757.81
3,872.95

0.92%
2,597.58
Aaa/AA+
AA+

2.21 2.06
91282CEF4 UNITED STATES TREASURY 2.5
03/31/2027 750,000.00 --

2.90%
736,449.21
742,982.18

97.43 3.59%
730,722.66

51.51 2.20%
(12,259.52)
Aaa/AA+
AA+

2.50 2.39
912828X88 UNITED STATES TREASURY 2.375
05/15/2027 350,000.00 06/09/2022

3.08%
338,666.02
343,980.40

96.96 3.60%
339,376.95
3,139.78

1.02%
(4,603.45)
Aaa/AA+
AA+

2.62 2.49
91282CFM8 UNITED STATES TREASURY 4.125
09/30/2027 570,000.00 10/26/2022

4.19%
568,419.14
569,038.65
101.61

3.56%
579,151.17
6 4.59

1.74%
10,112.52
Aaa/AA+
AA+

3.00 2.80
9128283F5 UNITED STATES TREASURY 2.25
11/15/2027 800,000.00 12/20/2022

3.84%
743,625.00
764,096.37

96.10 3.58%
768,781.25
6,798.91

2.32%
4,684.88
Aaa/AA+
AA+

3.13 2.95
91282CGC9 UNITED STATES TREASURY 3.875
12/31/2027 500,000.00 05/25/2023

3.98%
497,890.63
498,510.89
100.95

3.56%
5 04,765.63
4,896.40

1.52%
6,254.74
Aaa/AA+
AA+

3.25 3.00
912828YB0 UNITED STATES TREASURY 1.625
08/15/2029 150,000.00 09/24/2024

3.49%
137,542.97
137,584.84

91.46 3.55%
137,197.27
311.31

0.41%
(387.58)
Aaa/AA+
AA+

4.87 4.60
Total US Treasury 13,360,000.00 3.03%
13,236,162.41
13,284,885.77

98.69 3.98%
13,179,784.95
72,506.70

39.70%
(105,100.81)
Aaa/AA+
AA+

1.46 1.39
Total Portfolio 33,248,336.38 3.75%
32,960,400.84
33,050,093.47

99.33 4.08%
33,199,668.68
220,582.78
100.00%
149,575.21
Aa2/AA-
AA

2.12 1.81
Total Market Value +
Accrued 33,420,251.46
40 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

HOLDINGS REPORT
City of Gardena Reporting | Account #10646 | As of September 30, 2024 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 Receivable 63,873.87 --

0.00%
63,873.87
63,873.87

1.00 0.00%
63,873.87

0.00 0.10%

0.00 Aaa/AAA
AAA

0.00 0.00
Total Cash 63,873.87 0.00%
63,873.87
63,873.87

1.00 0.00%
63,873.87

0.00 0.10%

0.00 Aaa/AAA
AAA

0.00 0.00
LAIF
90LAIF$00 Local Agency Investment Fund
State Pool 5,569,009.17 --

4.57%
5,569,009.17
5,569,009.17

1.00 4.57%
5,569,009.17

0.00 8.84%

0.00 NA/NA
NA

0.00 0.00
Total LAIF 5,569,009.17 4.57%
5,569,009.17
5,569,009.17

1.00 4.57%
5,569,009.17

0.00 8.84%

0.00 NA/NA
NA

0.00 0.00

LOCAL GOV

INVESTMENT POOL
09CATR$05 CalTrust MTF 706,709.61 --

4.20%
7,093,235.26
7,093,235.26

9.94 4.20%
7,024,693.49

0.00 11.15%
(68,541.77)
NA/AAAm
NA

0.00 0.00
90CAMP$00 CAMP 14,108,008.52 --

5.08%
14,108,008.52
14,108,008.52

1.00 5.08%
14,108,008.52

0.00 22.39%

0.00 NA/AAAm
AAA

0.00 0.00
90CAMP$06 CAMP 36,250,000.00 --
5 .08%
36,250,000.00
36,250,000.00

1.00 5.08%
36,250,000.00

0.00 57.53%

0.00 NA/AAAm
NA

0.00 0.00
Total Local Gov
Investment Pool 51,064,718.13 4.97%
57,451,243.78
57,451,243.78

2.09 4.97%
57,382,702.01

0.00 91.06%
(68,541.77)
NA/AAAm
AAA

0.00 0.00
T
otal Portfolio 56,697,601.17 4.93%
63,084,126.82
63,084,126.82

2.00 4.93%
63,015,585.05

0.00 100.00%
(68,541.77)
Aaa/AAA
AAA

0.00 0.00
Total Market Value +
Accrued 63,015,585.05
41 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

TRANSACTIONS
42 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

TRANSACTION LEDGER
City of Gardena | Account #10645|07/01/2024 Through 09/30/2024| Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 07/17/2024 713448FX1 295,000.00 PEPSICO INC 4.5 07/17/2029 99.845 4.53% (294,542.75) 0.00 (294,542.75) 0.00 Purchase 07/19/2024 437076DC3 150,000.00 HOME DEPOT INC 4.75 06/25/2029 100.697 4.59% (151,045.50) (475.00) (151,520.50) 0.00 Purchase 07/24/2024 44934QAD3 90,000.00 HART 2024-B A3 4.84 03/15/2029 99.985 5.45% (89,986.42) 0.00 (89,986.42) 0.00 Purchase 07/31/2024 91282CEU1 500,000.00 UNITED STATES TREASURY

2.875 06/15/2025 98.285 4.90% (491,425.78) (1,806.69) (493,232.47) 0.00 Purchase 08/27/2024 459058LK7 170,000.00

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 4.0 08/27/2026

99.884 4.06% (169,802.80) 0.00 (169,802.80) 0.00
Purchase 08/27/2024 91282CJC6 475,000.00 UNITED STATES TREASURY

4.625 10/15/2026 101.582 3.84% (482,514.65) (8,043.20) (490,557.85) 0.00 Purchase 08/27/2024 91282CHH7 475,000.00 UNITED STATES TREASURY

4.125 06/15/2026 100.316 3.94% (476,502.93) (3,908.04) (480,410.97) 0.00 Purchase 09/20/2024 341081GT8 330,000.00 FLORIDA POWER & LIGHT CO 5.15 06/15/2029 104.646 4.03% (345,331.80) (5,051.29) (350,383.09) 0.00 Purchase 09/25/2024 58769GAD5 130,000.00 MBALT 2024-B A3 4.23 02/15/2028 99.983 4 .24% (129,978.12) 0.00 (129,978.12) 0.00 Purchase 09/25/2024 3137FJKE8 220,000.00 FHMS K-082 A2 3.92 09/25/2028 100.262 3.81% (220,575.78) (574.93) (221,150.71) 0.00 Purchase 09/25/2024 912828YB0 150,000.00 UNITED STATES TREASURY

1.625 08/15/2029 91.695 3.49% (137,542.97) (
271.57) (137,814.54) 0.00
Total Purchase 2,985,000.00 (2,989,249.50) (20,130.72) (3,009,380.22) 0.00 TOTAL
ACQUISITIONS 2,985,000.00 (2,989,249.50) (20,130.72) (3,009,380.22) 0.00

DISPOSITIONS
Maturity 07/11/2024 912797GB7 (600,000.00) UNITED STATES TREASURY 07/11/2024 100.000 0.00% 600,000.00 0.00 600,000.00 0.00 Maturity 07/15/2024 79466LAG9 (35,000.00) SALESFORCE INC 0.625 07/15/2024 100.000 0.63% 35,000.00 0.00 35,000.00 0.00
43 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

1.75 07/31/2024 100.000 1.75% 300,000.00 0.00 300,000.00 0.00 Maturity 08/01/2024 912797JU2 (450,000.00) UNITED STATES TREASURY 08/01/2024 100.000 0.00% 450,000.00 0.00 450,000.00 0.00 Maturity 08/09/2024 69371RR40 (80,000.00) PACCAR FINANCIAL CORP

0.5 08/09/2024 100.000 0.50% 80,000.00 0.00 80,000.00 0.00 Maturity 08/15/2024 91282CCT6 (400,000.00) UNITED STATES TREASURY

0.375 08/15/2024 100.000 0.38% 400,000.00 0.00 400,000.00 0.00 Maturity 09/12/2024 912797KK2 (450,000.00) UNITED STATES TREASURY 09/12/2024 100.000 0.00% 450,000.00 0.00 450,000.00 0.00 Maturity 09/23/2024 4581X0DZ8 (260,000.00)

INTER-AMERICAN
DEVELOPMENT BANK 0.5
09/23/2024
100.000 0.50% 260,000.00 0.00 260,000.00 0.00
Total Maturity (2,575,000.00) 2,575,000.00 0.00 2,575,000.00 0.00 TOTAL
DISPOSITIONS (2,575,000.00) 2,575,000.00 0.00 2,575,000.00 0.00 44 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

TRANSACTION LEDGER
City of Gardena Reporting | Account #10646|07/01/2024 Through 09/30/2024| Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 07/15/2024 90LAIF$00 62,133.91 Local Agency Investment Fund State Pool 1.000 4.53% (62,133.91) 0.00 (62,133.91) 0.00 Purchase 07/31/2024 90CAMP$00 64,058.49 CAMP 1.000 0.00% (64,058.49) 0.00 (64,058.49) 0.00 Purchase 07/31/2024 09CATR$05 2,682.17 CalTrust MTF 9.820 0.00% (26,338.93) 0.00 (26,338.93) 0.00 Purchase 08/01/2024 90CAMP$00 1,250,000.00 CAMP 1.000 0.00% (1,250,000.00) 0.00 (1,250,000.00) 0.00 Purchase 08/02/2024 90CAMP$06 1,250,000.00 CAMP 1.000 0.00% (1,250,000.00) 0.00 (1,250,000.00) 0.00 Purchase 08/30/2024 90CAMP$00 64,314.31 CAMP 1.000 0.00% (64,314.31) 0.00 (64,314.31) 0.00 Purchase 08/30/2024 09CATR$05 2,415.02 CalTrust MTF 9.890 0.00% (23,884.55) 0.00 (23,884.55) 0.00 Purchase 09/30/2024 90CAMP$00 60,889.35 CAMP 1.000 0.00% (60,889.35) 0.00 (60,889.35) 0.00 Purchase 09/30/2024 09CATR$05 2,477.53 CalTrust MTF 9.940 0.00% (24,626.60) 0.00 (24,626.60) 0.00 Total Purchase 2,758,970.78 (2,826,246.14) 0.00 (2,826,246.14) 0.00 TOTAL
ACQUISITIONS 2,758,970.78 (2,826,246.14) 0.00 (2,826,246.14) 0.00

DISPOSITIONS
S
ale 08/02/2024 90CAMP$00 (1,250,000.00) CAMP 1.000 0.00% 1,250,000.00 0. 00 1,250,000.00 0.00
Total Sale (1,250,000.00) 1,250,000.00 0.00 1,250,000.00 0.00 TOTAL
DISPOSITIONS (1,250,000.00) 1,250,000.00 0.00 1,250,000.00 0.00 45 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

IMPORTANT DISCLOSURES
City of Gardena | Account #10645 | As of September 30, 2024 2024 Chandler Asset Management, Inc, An Independent Registered Investment Adviser.

Information contained herein is confidential. Prices are provided by ICE Data Services Inc (“IDS”), an independent pricing source. In the event IDS 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 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 I CE 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 it at licensee’s own risk. ICE data, its affiliates and their respective third party do not sponsor, endorse, or recommend chandler asset management, or any of its products or services.

This report is provided for informational purposes only and should not be construed as a specific investment or legal advice. The information contained herein was obtained from sources believed to be reliable as of the date of publication, but may become outdated or superseded at any time without notice. Any opinions or views expressed are based on current market conditions and are subject to change. This report may contain forecasts and forward-looking statements which are inherently limited and should not be relied upon as indicator of future results. Past performance is not indicative of future results. This report is not intended to constitute an offer, solicitation, recommendation or advice regarding any securities or investment strategy and should not be regarded by recipients as a substitute for the exercise of their own judgment.

Fixed i ncome investments are subject to interest, credit and market risk. Interest rate risk: the value of fixed income investments will decline as interest rates rise. Credit risk: the possibility that the borrower may not be able to repay interest and principal. Low rated bonds generally have to pay higher interest rates to attract investors willing to take on greater risk. Market risk: the bond market in general could decline due to economic conditions, especially during periods of rising interest rates.

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 AA+/Aaa/AAA by S&P, Moody’s and Fitch respectively. 46 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

BENCHMARK DISCLOSURES
City of Gardena | Account #10645 | As of September 30, 2024 Benchmark Disclosure
ICE BofA 1-3 Yr US Treasury & Agency Index
The ICE BofA 1-3 Year US Treasury & Agency Index tracks the performance of US dollar denominated US Treasury and nonsubordinated US agency debt issued in the US domestic market. Qualifying securities must have an investment grade rating (based on an average of Moody’s, S&P and Fitch). Qualifying securities must have at least one year remaining term to final maturity and less than three years remaining term to final maturity, at least 18 months to maturity at time of issuance, a fixed coupon schedule, and a minimum amount outstanding of $1 billion for sovereigns and $250 million for agencies. 47 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E Appendix B
Professional Biographes
Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E Investment Management
Martin Cassell, CFA
Chief Financial Officer
Martin Cassell is the Chief Financial Officer at Chandler Asset Management and is a principal of the firm. After being CEO for 18 years Martin has changed his role to usher in the next generation of leadership. He will remain part of Chandler’s executive team as CFO, corporate advisor, a member of the firm’s Executive Committee as well as Chair of the Board.

As CFO, Martin is responsible for the firm’s finances and manages the Employee Stock Ownership Plan. He is focused on building and sustaining the financial health of the firm and providing thought leadership and mentoring to the Executive Team. Martin desi gned the proprietary quantitative models that drive our investment process, establishing duration, structure, and asset allocation throughout client portfolios and continues working with our Chief Investment Officers to continually improve client portfolio outcomes.

Martin joined Chandler in 1991 from the City of San Diego where he managed a $1 billion fixed income portfolio. He began his investment career in 1987 managing portfolios at World Savings and Loan. Martin received his B.S. in Finance from California State University, Hayward. He is a member of the CFA Society of San Diego and holds the designation of Chartered Financial Analyst®.

William Dennehy II, CFA
Co-Chief Investment Officer
William Dennehy is a Co -Chief Investment Officer at Chandler Asset Management and maintains multiple leadership responsibilities at the firm, including being a member of the Executive Leadership Team since 2016, focused on setting the overall strategic direction of the firm. Specific to the investment team, William co -chairs both the Economic and Market Analysis Committee as well as the Credit Committee and is also a voting member of the firm’s Multi -Asset Class Committee. In addition to his responsibilitie s in helping to lead the investment team, he is also actively involved with specific client relationships to implement portfolio strategies and securities trading. Of particular emphasis during his time at Chandler, which began in 2011, has been collaborating with clients to expand their investment mandates in an effort to identify more creative and robust investment strategy solutions to meet client goals.

Prior to joining Chandler, William spent 10 years working for Northern Trust Global Investments in Chicago, IL, most recently as a Senior Portfolio Manager and Vice President, with a wide range of responsibilities in asset allocation, quantitative and qualitative analysis, and trading in client accounts. William began his investment career in New York City, working for several financial institutions, including Kidder Peabody, Swiss Bank, and UBS, primarily trading short term interest rate products to support the overall capital market operations of the respective institutions.

William earned his B.S. in Business Administration with an option in Finance from California State University at Chico.

He is a member of the CFA Institute and the CFA Society of San Diego and holds the designation of Chartered Financial Analyst (CFA).

Scott Prickett, CTP
Co-Chief Investment Officer
Scott Prickett is a Co -Chief Investment Officer at Chandler Asset Management . He is responsible for building and maintaining client relationships with a focus upon developing and enhancing client investment programs. Scott actively participates in the portfolio management process and meets with clients on a regular basis to review their accounts, portfolio activity, portfolio strategy and financial markets. In addition to monitoring alignment with client objectives, he co-chairs the Economic and Market Analysis Committee and is also a member of the Multi -Asset Class Committee. Scott has 30 years of investment industry experience focused largely on managing short -term fixed income strategies for governmental and institutional non-profit clients.

Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

Prior to joining Chandler, Scott was Managing Director and Portfolio Manager at Davidson Fixed Income Management. Scott was directly responsible for managing over $750 million in client assets and had management responsibilities over multiple business unit s with combined total assets of over $5 billion. These included taxable and tax-exempt SMA programs, a Local Government Investment Pool (LGIP) and SeaCap Investment Advisors. At ALPS Mutual Fund Services, Scott played a key role in developing two SEC regis tered mutual funds. Scott also spent two years at Pacific Investment Management Company (PIMCO) as a fixed income Portfolio Specialist for over $1.4 billion in assets.

Scott is a graduate of the University of Northern Colorado with a degree in business administration with an emphasis in Finance. Scott has earned the Association of Financial Professionals designation as a Certified Treasury Professional (CTP) and is a frequent speaker for various local and national organizations.

Jayson Schmitt, CFA
Co-Chief Investment Officer

Jayson Schmitt is a Co-Chief Investment Officer at Chandler Asset Management. In addition to his duties as a Co -CIO, he oversees daily trading. He has been instrumental in the development and integration of quantitative analytic tools for the portfolio management process. Jayson co-chairs both the Quantitative Analysis Committee and Multi-Asset Class Committee and is also a member of the Economic and Market Analysis Committee.

Prior to joining Chandler in 1995, Jayson was employed as a Financial Analyst with USA Federal Credit Union in San Diego, managing a $100 million liquidity book. His responsibilities there also included asset/liability management.

Jayson earned his B.A. in economics from San Diego State University. He is a member of the CFA Society of San Diego and holds the designation of Chartered Financial Analyst.

Genny Lynkiewicz, CFA
Senior Portfolio Manager

Genny Lynkiewicz is a Senior Portfolio Manager at Chandler Asset Management. She is responsible for implementing portfolio strategy and securities trading in client accounts.

Prior to joining Chandler in 2015, Genny worked at BMO Asset Management in Chicago where she managed over $8 billion in taxable money market funds, securities lending portfolios and separately managed accounts. Genny earned a B.B.A. in Finance, Investment & Banking and a Certificate in International Business from the University of Wisconsin, Madison. She holds the designation of Chartered Financial Analyst.

Daniel Delaney, CFA
Senior Portfolio Manager

Daniel (Dan) Delaney is Senior Portfolio Manager at Chandler Asset Management. He is responsible for implementing portfolio strategy and securities trading in client accounts.

Prior to joining Chandler in 2021, Dan was a Senior Portfolio Manager with Allianz Global Investors, based in New York, responsible for managing Global Credit mandates. Dan also spent ten years as a Global Credit Analyst and Portfolio Manager with Rogge Global Partners, both in London and New York.

Daniel earned a Bachelor of (Honors) degree in Business Economics from the University of Exeter, UK. He holds the designation of Chartered Financial Analyst.

Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

John McDowell, CFA, CMT
Senior Portfolio Manager

John McDowell is a Senior Portfolio Manager at Chandler Asset Management. He is responsible for implementing portfolio strategy and securities trading in client accounts and contributing to the firm’s market outlook.

Prior to joining Chandler in 2023, John spent eleven years performing fundamental company and market research and analysis and portfolio management at an investment management firm in Santa Monica and the Irvine Company in Newport Beach. John was also an equity trader with a private practice for five years.

John earned a B.S. degree in Electrical Engineering from the University of Southern California and an M.B.A. from the New York University Stern School of Business. He holds the designation of Chartered Financial Analyst (CFA) and Chartered Market Technician (CMT).

Julie Hughes
Senior Portfolio Strategist

Julie Hughes, Senior Portfolio Strategist, has more than 30 years of experience of finance, strategy, and client relationship management experience. Julie works extensively with clients to develop and implement investment strategies for operating funds and bond proceeds. She is a frequent speaker at industry conferences and regularly writes the Firm’s economic and market commentary. She is a member of Chandler’s Economic and Market Analysis Committee and Qualitative analysis Committee.

Prior to joining Chandler, Julie worked as a fixed income portfolio manager, municipal advisor, and municipal credit analyst for Davidson Fixed Income Capital Management, where she served as a portfolio strategist for the City of Tamarac. She has deep expertise with structured products an d hedging interest rat risk for municipal dept. In addition to advising the public sector, Julie has held positions in corporate strategy and management consulting.

Julie earned an M.B.A. from the Wharton School of the University of Pennsylvania and a B .A. in Marketing from the University of Texas of Austin.

Carlos Oblites
Senior Portfolio Strategist and Investment Pool Strategist

Carlos Oblites is Senior Portfolio Strategis t and Investment Pool Strategist at Chandler Asset Management. He is responsible for building and maintaining client relationships with public agencies along with participating actively in the portfolio management process. Carlos has 26 years of investment and financial experience, focused largely on managing short-term fixed income and pension strategies for governmental and institutional non -profit clients. Carlos currently serves as Co -Chair of the firm’s Multi Asset Class Committee. He also serves as a member of the Government Finance Officers Association’s (GFOA) Committee on Retirement and Benefits Administration (CORBA), which tracks new industry practices, regulatory and legislative developments, and issues best practices to assist public pension and personnel officers effectively manage state and local retirement funds and employee benefits.

Prior to joining Chandler, Carlos served as the Administrative Services Manager at Central Marin Sanitation Agency (CMSA) and was responsible for all aspects of the Agency’s financial, human resources, administrative support, and information systems activities. He also has significant expertise in serving California public agencies, healthcare, and insurance clients through his roles as Director at PFM Asset Management, and as a Principal at Wells Capital Management. Previous responsibilities include managi ng a variety of institutional client relationships and developing, implementing, and monitoring customized investment strategies for operating funds, bond proceeds, pension, and post-retirement funds. Carlos has also worked as a teacher for the Long Beach Unified School District.

Carlos holds a B.A. degree in History from the University of California, Santa Barbara, and earned a M.B.A. from San Francisco State University.

Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

Alaynè Marie Sampson, CTP
Senior Portfolio Strategist

Alaynè Marie Sampson, CTP, joined Chandler Asset Management in 2022 as a Senior Portfolio Strategist, bringing a dynamic combination of business acumen, market knowledge and insatiable curiosity to the firm. During her 20+ year career, Alayne has held roles in p rocess improvement and systems analysis, marketing, operations and multiple facets of finance, making her a go -to resource for clients and colleagues alike.

One of her favorite ways of supporting clients is helping them understand market conditions and the broader economy so they can put public funds to their best and highest use within communities. As a member of Chandler’s Credit Committee, she assesses the financial health and trajectories of companies that might benefit client portfolios and keeps a pulse on economic trends. She is known for being an excellent presenter and is frequently invited to speak at industry events and educational sessions.

Chandler’s commitment to improving communities aligned with her personal mission as well; she has been an active volunteer throughout her life and serves as the Chair of the Board of CASA of Los Angeles.

Alaynè is a graduate of Cornell University with her B.A. in Women's Studies. She holds the FINRA Series 65 registration and the Certified Treasury Professional (CTP) designation.

Tim Secontine
Senior Credit Analyst

Tim Secontine joined Chandler Asset Management in 2023 as a Senior Credit Analyst. He is responsible for analyzing and assessing the creditworthiness of debt issuers and their debt securities. He actively participates in the portfolio management process and credit com mittee.

Tim has over 27 years of experience covering public and private credit issuers across loans and investment grade and high yield fixed income markets.

Previously, Tim was at Golub Capital as a credit analyst and portfolio manager where he was responsible for the healthcare sector. Prior to working for Golub Capital, he was at Northern Trust Asset Management as a credit research analyst and portfolio mana ger. Tim earned his bachelor’s in Finance & Philosophy from the University of Notre Dame and MSA in Accountancy from DePaul University. He passed the Certified Public Accountant exam and is currently pursuing the Chartered Financial Analyst® designation.

Karl Meng
Portfolio Strategist

Karl Meng joined Chandler Asset Management in 2022 as a Portfolio Strategist. He is a member of the Investment Management Team and participates actively in the portfolio management process as well as builds and maintains client relationships. He focuses on identifying and communicating key investment related themes and trends for implementation into clients’ portfolios.

Karl has over 14 years of Institutional Sales & Trading experience specializing in Federal Agency Fixed Income products, Mortgage-Backed Securities, and US Treasuries. Prior to joining Chandler, Karl was a Vice President for Vining Sparks IBG LP, where he was responsible for establishing and maintaining trading relationships with Government Entities and Institutional Asset managers. Karl is a graduate of San Diego State University with his B.A. in Economics. He holds the FINRA Series 7 and Series 63 registrations.

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Stephen Church
Assistant Portfolio Manager

Stephen Church joined Chandler in 2022 as an Assistant Portfolio Manager. He is responsible for supporting the investment management team with portfolio and fixed income research as well as assisting with trading and reporting issues. In addition to assisting with the implementation of portfolio strategies, he is a member of the Quantitative Analysis Committee and the Credit Committee.

Previously, Stephen worked as an Associate Portfolio Manager at Hearthstone Wealth Management where he provided research on economic and market conditions, trends, asset classes, individual investments, and investment strategies as well as assisted in inve stment model construction, implementation, management, and maintenance.

Prior to working at Hearthstone, he worked at Fisher Investments as a Research Analyst within the Portfolio Evaluation Group.

Stephen graduated from the University of Arizona in 2012 with a B.S. in Business Administration. Stephen is currently pursuing the Chartered Financial Analyst® designation.

Aaron Nail, CFA
Assistant Portfolio Manager

Aaron Nail joined Chandler in 2022 as an Assistant Portfolio Manager. He is responsible for supporting the investment management team with portfolio and fixed income research as well as assisting with trading and reporting issues. In addition to assisting with the implementation of portfolio strategies, he is a member of the Sector Committee and Credit Committee. Previously, Aaron worked as a Capital Markets Analyst at Wells Fargo Securities where he was responsible for assisting traders with new issues, repricing current securities, and placing trades with other primary dealers. Aaron was also providing economic and fixed income research to trading, sales and upper management.

Aaron graduated from the University of North Carolina at Charlotte in 2016 with a B.S. in Finance. He holds the FINRA Series 7 and 63 registrations. He is a member of the CFA Institute and the CFA Society of San Diego and holds the designation of Chartered Financial Analyst (CFA).

Kara Hooks , CTP
Portfolio Strategist
Kara Hooks, CTP, joined Chandler Asset Management in 2012 as an administrative assistant - and has had a front row seat to the firm’s growth ever since. Within a year of joining the team, she was tapped to help build and grow the firm’s client service function, instilling the values of proactive communication, fiduciary responsibility, and doing right by every client into the company’s core values.

When she moved from the Client Service Director role to the investment side of the business to become a Portfolio Strategist in 2022, she took those client -centric fundamentals with her. Today, she serves as a primary contact for public agency finance staf f across the Western region of the U.S., helping clients understand current market dynamics, choose appropriate investment strategies, update investment policies in line with government code, and build investment programs that benefit their communities.

Kara graduated with her B.A. in communication, emphasis in public relations, from University of the Pacific and earned her M.A. in communication from San Diego State University. Kara was awarded the CFA Institute’s Investment Foundations Certificate (form erly Claritas® Investment Certificate) in 2013 and earned her Certified Treasury Professional designation in 2024. She is a frequent speaker for various local and national organizations.

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Kyle Perry
Associate Portfolio Strategist

Kyle Perry joined Chandler Asset Management in 2024 as an Associate Portfolio Strategist.

He actively participates in the portfolio management process with a focus on building and maintaining client relationships. He is responsible for identifying and communicating key investment themes and trends for implementation into client portfolios.

Prior to joining Chandler, Kyle owned a commercial insurance business and worked as an investment advisor and broker with Farm Bureau. He holds the FINRA SIE and Series 6, 7, and 66 registrations.

Kyle was a Division I football player for the University of Idaho, where he graduated with a B.S. in Finance in 2020, and earned his Master’s in finance from the University of Colorado in 2024. In his spare time, he coached high school football and baseball while studying for his FINRA exams.

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Ryan Tauber
Managing Director of Business Development
Ryan Tauber is the Managing Director of Business Development at Chandler Asset Management.

He is responsible for leading business development which includes the sales and marketing functions for the firm, as well as leveraging our past successes to expand our client base into other institutional and public agency opportunities.

Ryan brings over 20 years of experience in the financial services industry. Prior to joining Chandler, Ryan held roles with Morgan Stanley, Bank of America, and Union Bank where in addition to business development, his responsibilities included directing b oth strategy and risk related functions. Ryan is a graduate of the University of Southern California where he received his degree in Finance from the Marshall School of Business. In addition, he received his M.B.A. from Pepperdine University.

Stacey Alderson, CTP
Client Service Director
Stacey Alderson joined Chandler Asset Management in 2014 and is a Client Service Director. Stacey oversees the daily responsibilities of the Client Service team including client communication, client reporting, and review/processing of client requested account activity. Stacey collaborates with all departments at Chandler to respond to account -related questions and changes, as well as coordinates the onboarding process of new client accounts.

Stacey serves as a liaison between clients and the Chandler team to facilitate the onboarding of new client accounts, proactively schedule client meetings, maintain existing client relationships, create and distribute client reports, and respond to client-generated requests. In addition, Stacey has significant expertise in assisting clients with cash flow analysis and in developing and maintaining cash flow projections within their treasury management operations.

Stacey began working in the financial services industry in 1998 through positions in both banking and asset management. She earned her B.A. in business administration with an emphasis in accounting from the University of Montevallo. Stacey has received the AFP designation as a Certified Treasury Professional (CTP).

Hillary Schuler-Jones
Director of Marketing
Hillary Schuler-Jones is a Director of Marketing and joined the firm in 2023. She is responsible for shaping the company’s marketing strategy, driving growth in key segments, and ensuring the brand is consistently and effectively represented across all channels.

Hillary has nearly 20 years of experience in marketing, advertising, and public relations. Prior to joining Chandler, she served as Director of Downstream Marketing for a Breg, Inc., where she oversaw corporate communications, events, channel marketing and customer experience. She is a passionate word nerd and grammar fanatic. Prior to Breg, she held roles at The Omidyar Group, Porter Novelli and Sharp HealthCare.

Hillary earned her MBA and dual Bachelor’s degrees in Journalism and Political Science from Cal Poly, San Luis Obispo.

Mia Corral Brown
Regional Director
Mia Corral Brown is a Regional Director at Chandler. Leveraging over two decades of experience providing client service to both institutional and public sector clients, Mia’s area of focus is on business development and engagement oversight for Public Sect or clients in Southern California which include, Cities, Water Districts, Counties, Special Districts and Joint Power Authorities.

Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E In her tenure at Chandler, Mia has served as an Associate, Vice President, Senior Vice President and Sr. Relationship Manager. She is adept at working alongside Public Agencies to provide comprehensive investment management and client service solutions.

Prior to joining Chandler, Mia was employed at Nicholas Applegate Capital Management as an Assistant Marketing Manager and has worked as a Sales Assistant in her early years in the Financial Industry. Mia is an active member of the California Society of M unicipal Finance Officers (CSMFO), the Government Finance Officers Association (GFOA), California Municipal Treasurers Association (CMTA), and is a Member of the California Association of California Treasurers and Tax Collectors and several other Associati ons which support CA Public Agencies. Mia is a founding member of Women in Public Finance, San Diego Chapter and is a member of our Firm’s DEIB Committee.

Mia is a graduate of San Diego State University where she earned her B.A. in communications with an emphasis in business.

Mel Hamilton
Senior Relationship Manager
Mel Hamilton is a Senior Relationship Manager at Chandler Asset Management. He is responsible for developing and servicing institutional client relationships in the Southeast, including public agencies, healthcare organizations, higher education, insurance funds, and special districts. Mel has over 25 years of investment industry experience that has focused on developing and enhancing investment programs encompassing fixed income and equity strategies for government and institutional clients.

Mel joined the Firm in 2014. Prior to joining Chandler, Mel was a Senior Vice President at Davidson Fixed Income Management where he served as a Director of Client Services. He was also a Senior Managing Consultant at PFM Asset Management where he led the firm’s efforts in the Southeast for public agencies, healthcare, higher education, and insurance funds. He also previously worked at Trusco Capital Management where he led not for profit institutional sales in Florida.

Mel is a graduate of the University of Virginia, McIntire School of Commerce, with his B.S. in Business Administration.

He also currently holds FINRA Series 7, 63 and 66 registrations.

Neil Murthy
Senior Relationship Manager
Aneil (Neil) Murthy is a Senior Relationship Manager and joined the firm in 2020. He has over a decade of experience in finance servicing public agency and institutional clients. Neil’s area of focus is on the development of client relationships in the pub lic sector and he serves as a relationship manager for existing clients throughout Northern California.

Prior to joining Chandler, Neil was a Relationship Manager for BNY Mellon Corporate Trust’s Public -Not-For-Profit segment and was dedicated exclusively to California. Neil’s responsibilities included ensuring satisfaction for the bank’s high value clients and seeking out new opportunities. In this role, Neil serviced California cities, counties, special districts and transportation authorities and gained a broad understanding of the specific investment needs and financial challenges these entities face. Nei l also worked for The Hartford Financial Services and served in a variety of client facing roles.

Neil is a graduate of the University of Connecticut with a B.A. in Political Science and earned an M.B.A. from Post University. Neil holds the FINRA Series 65 registration.

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Lili Arnsdorff
Relationship Manager

Lili Arnsdorff joined Chandler Asset Management in 2023 as a Relationship Manager. She is responsible for the development of institutional client relationships across the southeastern United States including public agencies, healthcare organizations, higher education, insurance funds, and special districts.

Lili has spent her career in the Financial Services Industry and comes from a technology background. Her previous roles include time with Nasdaq, John Hancock, and Backstop Solutions in various client-facing roles based in Atlanta.

In her previous roles, s he worked with the investment teams for Institutional Investors such as Public Pensions, Endowments, Foundations, and Consultants. She has held several professional certifications including FINRA Series 6, SIE, FINRA Series 63, Life Insurance and Variable Annuity Certification, and a B2 Certification in Spanish Language.

She graduated from the University of Tennessee with a B.S. in Communications with an emphasis in Spanish and Business.

Gabrielle Eacock
Client Service Associate
Gabrielle Eacock joined Chandler in 2019 and is a Client Service Associate. Prior to her current role, she held the titles of Administrative Assistant I and II at Chandler.

Gabrielle serves as a liaison between clients and the Chandler team to maintain existing client relationships. She proactively schedules client meetings, creates and distributes client reports, and responds to client -generated requests. She also maintains the client database and assists with the Chandler Client Portal. Prior to joining Chandler, Gabrielle was a research assistant at San Diego State University. She has over eight years of customer service and hospitality experience.

Gabrielle earned her B.A. in psychology with an emphasis in industrial and organizational psychology and a minor in women’s studies from San Diego State University in 2018. She is a notary public and was awarded the CFA Institute’s Investment Foundations Certificate (formerly Claritas® Investment Certificate) in 2022.

Katie Yuan
Client Service Associate
Katie Yuan joined Chandler Asset Management in 2021. She serves as a liaison between clients and the Chandler team to maintain existing client relationships. She proactively schedules client meetings, creates and distributes client reports, and responds to client-generated requests. She also maintains the client database and assists with the Chandler Client Portal.

Katie is a graduate of Colorado State University and earned her B.S. in business administration with a dual emphasis in finance and management.

Nolan Serumaga
Client Service Associate
Nolan Serumaga is a Client Service Associate and joined Chandler Asset Management in 2023. He serves as a liaison between clients and the Chandler team to maintain existing client relationships.

He proactively schedules client meetings, creates, and distributes client reports, and responds to client-generated requests. Nolan also maintains the client database and assists with the Chandler Client Portal. Previously, Nolan was an intern at PIMCO and Capital Group. At PIMCO, Nolan gained broad exposure to Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E

financial markets, portfolio analysis, and client communication. At Capital Group, he researched, analyzed, identified, and documented opportunities for the Knowledge Management team.

Nolan is a graduate of California State University San Marcos with a B.S. in Business Administration with an emphasis in Global Supply Chain Management. Nolan holds the State Seal of Biliteracy in Spanish.

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Compliance, Operations, and Administration

Nicole Dragoo, JD
Chief Executive Officer

Nicole Dragoo is the Chief Executive Officer at Chandler Asset Management. Nicole joined the firm in December 2001 in an operations role. Over her tenure, she has been a core driver in cultivating the culture that makes Chandler unique and has led the expansion of the operations, compliance, legal and administrative functions as the firm has grown. From 2008 to 2021, s he served in the roles of Chief Operating and Chief Compliance Officer and as President from 2021-2022.

As CEO, she leads the Executive committee, provides oversight of all aspects of the firm and is responsible for the firm’s strategy , culture and administration of resources. She is passionate about cultivating a culture of shared success by building a diverse and talented team of people dedicated to being stewards of the assets and communities entrusted to us.

Nicole started her investment career with Merrill Lynch on the institutional fixed income sales desk. Nicole earned her B.A. from the University of San Diego in business economics and her J.D. from the University of San Diego School of Law. She is a member of the State Bar of California, the American Bar Association, the San Diego County Bar Association, and the Southern California Compliance Group.

Michael Rasmussen, JD
Chief Compliance Officer and General Counsel

Michael Rasmussen joined Chandler Asset Management in March of 2023 as the firm’s Chief Compliance Officer and General Counsel. He leads the compliance team, provides day -to-day guidance and compliance monitoring of the firm’s regulatory environment and the legal framework governing SEC-registered investment advisors. Michael also assists the firm’s CEO with the oversight functions within the firm and administering all aspects of the compliance program.

Michael began his career in the securities industry as a regulator with the Financial Industry Regulatory Authority (FINRA) and since that time has provided legal and compliance consulting services to hundreds of investment advisers, private fund managers, and broker -dealers. Michael has also served as Chief Compliance Officer and General Counsel for several established investment advisory firms. Michael graduated from Nova Southeastern University Shepard Broad College of Law and is a licensed attorney in Florida and a registered solicitor in the United Kingdom. He has passed the FINRA Series 7, 14, 24, 51, 63, and 65 examinations and has taught several courses on investment adviser compliance.

Kristin Franco
Director of Investment Operations

Kristin Franco joined Chandler in 2022 as the Director of Investment Operations. She is responsible for implementing investment operation best practices, supervising the operations team, and managing the supporting accounting/investment systems and process es.

Prior to joining the firm, Kristin served as Vice President and Head of Account Implementation in PIMCO’s Municipal SMA Client Service and Operations department. Kristin has over 15 years in the financial industry where she served in various Client Service and Operational roles at Gurtin Municipal Bond Management LLC, Wells Fargo Advisors, LLC and Merrill Lynch.

Kristin is a graduate of Humboldt State University where she earned her B.A in Psychology with an emphasis in Organizational Management. Kristin also received her M.A. in Management from the University of Redlands with an emphasis in Training, Coaching, and Development.

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Michael Ramos
Business Analyst – Investments Technology

Michael Ramos is a Business Analyst -Investments Technology at Chandler Asset Management. He is responsible for managing the firm's IT resources. Mike oversees trade processing, trade settlements, portfolio accounting, statement reconciliation, and client reporting. He joined Chandler Asset Management in 2004 as an Operation A ssociate. His previous experience includes financial accounting and reporting.

Mike earned his B.S. in business administration with a specialization in finance from California State University, San Marcos in 2003. In 2009, he received his M.B.A. in finance from National University.

Adriana Haefner, SHRM-SCP
Human Resources Director

Adriana Haefner joined Chandler as Human Resources Director and oversees core HR functions including payroll, benefits, performance management, employee relations, and safety. In her role, Adriana also works to enhance Chandler’s workplace culture through training, development, and recruiting efforts, as well as spearheads the planning, implementation, and evaluation of employee policies, programs, and practices.

Adriana has over twelve years’ experience in Human Resources. Before her role with Chandler, she served as the HR Director for Keller Interiors. Prior positions include HR Manager for the San Diego Convention Center and HR Director for Westcore Properties. Adriana has also served as the HR Manager for El Super Grocery Stores and Target Corporation. Her positions at Target also included Assets Protection Investigator, Logistics Manager, and Operations Manager.

Adriana holds a B.A. from the University of Southern California and has her SHRM Senior Certified Professional designation.

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Required Disclosures
Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E Index Descriptions and Disclosures 1 | Page

IMPORTANT DISCLOSURES
This report is being provided for informational purposes only. No investment decision should be made based solely on the information provided herein. All investments involve risk, including loss of principal invested. The strategies referenced may not be suitable for all investors. The information contained herein is based on internal research derived from various sources and does not purport to be statements of all material facts relating to the strategies. While not guaranteed as to accuracy or completeness, some of the information has been obtained from sources we believe to be reliable. Third-party source information is provided by independent sources deemed to be reliable but is not guaranteed. Opinions expressed herein are subject to change without notice. There can be no assurance that an account or specific investment product will be able to achieve its investment objective. No guarantee of investment performance is being provided and no inference to the contrary should be made.

Any forecasts, forward-l ooking statements and assumptions are inherently limited and should not be relied upon as an indicator of future results. Any opinions or views constitute judgments made by the author at the date of this presentation and may become outdated or superseded at any time without notice. Any statements concerning financial market trends are based on current market conditions, which will fluctuate.

Fixed income investments are subject to interest, credit, and market risk. Interest rate risk: the value of fixed income investments will decline as interest rates rise. Credit risk: the possibility that the borrower may not be able to repay interest and principal. Low rated bonds generally have to pay higher interest rates to attract investors willing to take on greater risk. Market risk: the bond market in general could decline due to economic conditions, especially during periods of rising interest rates.

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CITY OF GARDENA

INVESTMENT POLICY
JULY 2024
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EXHIBIT B
Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E 1 CITY OF GARDENA

INVESTMENT POLICY

CONTENTS

I. INTRODUCTION .................................................................................................................. 2 II. SCOPE................................................................................................................................ 2 III. PRUDENCE ......................................................................................................................... 2 IV. OBJECTIVES ....................................................................................................................... 3 V. DELEGATION OF AUTHORITY ............................................................................................ 3 VI. ETHICS AND CONFLICTS OF INTEREST ............................................................................... 4 VII. INTERNAL CONTROLS ........................................................................................................ 4 VIII. AUTHORIZED FINANCIAL INSTITUTIONS, DEPOSITORIES, AND BROKER/DEALERS ............ 5 IX. AUTHORIZED INVESTMENTS .............................................................................................. 6 X. PROHIBITED INVESTMENT VEHICLES AND PRACTICES ..................................................... 10 XI. INVESTMENT POOLS/MUTUAL FUNDS ............................................................................. 11 XII. COLLATERALIZATION ...................................................................................................... 11 XIII. DELIVERY, SAFEKEEPING AND CUSTODY ........................................................................ 12 XIV. MAXIMUM MATURITY .................................................................................................... 12 XV. RISK MANAGEMENT AND DIVERSIFICATION ................................................................... 12 XVI. REVIEW OF INVESTMENT PORTFOLIO .............................................................................. 13 XVII. PERFORMANCE EVALUATION .......................................................................................... 13 XVIII. REPORTING...................................................................................................................... 14 XIX. REVIEW OF INVESTMENT POLICY .................................................................................... 14 GLOSSARY OF INVESTMENT TERMS ............................................................................................... 15

DocuSign Envelope ID: EE151093-717B-4CB6-A375-0E25BA3DD071 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E 2 I. INTRODUCTION

The purpose of this investment policy is to identify various policies and procedures that will foster a prudent and systematic investment program designed to seek the City of Gardena objectives of safety, liquidity and return on investment through a diversified investment portfolio. This policy also serves to organize and formalize the City of Gardena’s investment-related activities, while complying with all applicable statutes governing the investment of public funds. This policy is written to incorporate industry best practices and recommendations from sources such as the Government Finance Officers Association (GFOA), California Municipal Treasurers Association (CMTA), California Debt and Investment Advisory Commission (CDIAC) and the Association of Public Treasurers (APT).

This investment policy was endorsed and adopted by the City of Gardena’s City Council and is effective as of the 1st day of July, 2024, and replaces any previous versions.

II. SCOPE

This policy covers all funds and investment activities under the direct authority of the City of Gardena, as set forth in the State Government Code, Sections 53600 et seq., with the following exceptions:

 Proceeds of debt issuance shall be invested in accordance with the City of Gardena’s general investment philosophy as set forth in this policy; however, such proceeds are to be invested pursuant to the permitted investment provisions of their specific bond indentures.

 CalPERS, OPEB trusts, and the investment of employees’ deferred compensation funds invested pursuant to Government Code Section 53609.

 Any other funds specifically exempted by the City Council.

POOLING OF FUNDS
Except for cash in certain restricted and special funds, the City of Gardena will consolidate cash and reserve balances from all funds to maximize investment earnings and to increase efficiencies with regard to investment pricing, safekeeping and administration. Investment income will be allocated to the various funds based on their respective participation and in accordance with generally accepted accounting principles.

III. PRUDENCE

Pursuant to California Government Code, Section 53600.3, all persons authorized to make investment decisions on behalf of the City of Gardena are trustees and therefore fiduciaries subject to the Prudent Investor Standard:

“…all governing bodies of local agencies or persons authorized to make investment decisions on behalf of those local agencies investing public funds pursuant to this DocuSign Envelope ID: EE151093-717B-4CB6-A375-0E25BA3DD071 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E 3 chapter are trustees and therefore fiduciaries subject to the prudent investor standard. When investing, reinvesting, purchasing, acquiring, exchanging, selling, or managing public funds, a trustee shall act with care, skill, prudence, and diligence under the circumstances then prevailing, including, but not limited to, the general economic conditions and the anticipated needs of the Agency, that a prudent person acting in a like capacity and familiarity with those matters would use in the conduct of funds of a like character and with like aims, to safeguard the principal and maintain the liquidity needs of the Agency. Within the limitations of this section and considering individual investments as part of an overall strategy, investments may be acquired as authorized by law.”

The Treasurer and other authorized persons responsible for managing City of Gardena funds acting in accordance with this investment policy and exercising due diligence shall be relieved of personal responsibility for an individual security’s credit risk or market price changes provided that the Treasurer or other authorized persons acted in good faith.

Deviations from expectations of a security’s credit or market risk should be reported to the governing body in a timely fashion and appropriate action should be taken to control adverse developments.

IV. OBJECTIVES

The City of Gardena’s overall investment program shall be designed and managed with a degree of professionalism worthy of the public trust. The overriding objectives of the program, in priority order, are to preserve principal, provide sufficient liquidity, and manage investment risks, while seeking a market-rate of return.

 SAFETY. Safety of principal is the foremost objective of the investment program.

Investments will be undertaken in a manner that seeks to ensure the preservation of capital in the overall portfolio. To attain this objective, the City of Gardena will diversify its investments by investing funds among a variety of securities with independent returns.

 LIQUIDITY. The investment portfolio will remain sufficiently liquid to meet all operating requirements that may be reasonably anticipated.

 RETURN ON INVESTMENTS. The investment portfolio will be designed with the objective of attaining a market rate of return throughout budgetary and economic cycles, taking into account the investment risk constraints for safety and liquidity needs.

V. DELEGATION OF AUTHORITY

Authority to manage the City of Gardena’s investment program is derived from California Government Code, Sections 41006 and 53600 et seq.

The City Council is responsible for the management of the City of Gardena’s funds, including the administration of this investment policy. Management responsibility for the DocuSign Envelope ID: EE151093-717B-4CB6-A375-0E25BA3DD071 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E 4 cash management of the City of Gardena’s funds is hereby delegated to the Treasurer or other authorized persons.

The Treasurer, or his/her designee, will be responsible for all transactions undertaken and will establish a system of procedures and controls to regulate the activities of subordinate officials and employees. Such procedures will include explicit delegation of authority to persons responsible for investment transactions. No person may engage in an investment transaction except as provided under the terms of this policy and the procedures established by the Treasurer.

The City of Gardena may engage the services of one or more external investment advisers, who are registered under the Investment Advisers Act of 1940, to assist in the management of the City of Gardena’s investment portfolio in a manner consistent with the City of Gardena’s objectives. External investment advisers may be granted discretion to purchase and sell investment securities in accordance with this investment policy.

The City of Gardena's overall investment program shall be designed and managed with a degree of professionalism that is worthy of the public trust. The City of Gardena recognizes that in a diversified portfolio, occasional measured losses may be inevitable and must be considered within the context of the overall portfolio’s return and the cash flow requirements of the City of Gardena.

VI. ETHICS AND CONFLICTS OF INTEREST

All participants in the investment process shall act as custodians of the public trust.

Investment officials shall recognize that the investment portfolio is subject to public review and evaluation. Thus, employees and officials involved in the investment process shall refrain from personal business activity that could create a conflict of interest or the appearance of a conflict with proper execution of the investment program, or which could impair their ability to make impartial investment decisions.

Employees and investment officials shall disclose to the City Manager, or his/her designee, any material interests in financial institutions with which they conduct business, and they shall further disclose any large personal financial/investment positions that could be related to the performance of the investment portfolio. Employees and officers shall refrain from undertaking any personal investment transactions with the same individual with whom business is conducted on behalf of the Agency.

VII. INTERNAL CONTROLS

The City Treasurer, or his/her designee, is responsible for establishing and maintaining an internal control structure designed to ensure that the assets of the entity are protected from loss, theft or misuse. The internal control structure shall be designed to provide reasonable assurance that these objectives are met. The concept of reasonable assurance recognizes that (1) the cost of a control should not exceed the benefits likely to be derived; and (2) the valuation of costs and benefits requires estimates and judgments by management.

DocuSign Envelope ID: EE151093-717B-4CB6-A375-0E25BA3DD071 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E 5 Periodically, as deemed appropriate by the City of Gardena and/or the City Council, an independent analysis by an external auditor shall be conducted to review internal controls, account activity and compliance with policies and procedures.

VIII. AUTHORIZED FINANCIAL INSTITUTIONS, DEPOSITORIES, AND BROKER/DEALERS

To the extent practicable, the Treasurer, or his/her designee, shall endeavor to complete investment transactions using a competitive bid process whenever possible. The City of Gardena’s Treasurer, or his/her designee, will determine which financial institutions are authorized to provide investment services to the City of Gardena. It shall be the City of Gardena’s policy to purchase securities only from authorized institutions and firms.

The Treasurer, or his/her designee, shall maintain procedures for establishing a list of authorized broker/dealers and financial institutions which are approved for investment purposes that are selected through a process of due diligence as determined by the City of Gardena. Due inquiry shall determine whether such authorized broker/dealers, and the individuals covering the City of Gardena are reputable and trustworthy, knowledgeable and experienced in Public Agency investing and able to meet all of their financial obligations.

These institutions may include "primary" dealers or regional dealers that qualify under Securities and Exchange Commission (SEC) Rule 15c3-1 (uniform net capital rule).

In accordance with Section 53601.5, institutions eligible to transact investment business with the City of Gardena include:

 Institutions licensed by the state as a broker-dealer, as defined in Section 25004 of the Corporations Code, with proof of FINRA certifications

 Primary government dealers as designated by the Federal Reserve Bank and non- primary government dealers.

 Nationally or state-chartered banks.

 Savings association of federal association (as defined in Section 5102 of the Financial Code).

 The Federal Reserve Bank.

 Direct issuers of securities eligible for purchase.

Selection of financial institutions and broker/dealers authorized to engage in transactions will be at the sole discretion of the City of Gardena, except where the City of Gardena utilizes an external investment adviser in which case the Agency may rely on the adviser for selection.

All financial institutions which desire to become qualified bidders for investment transactions (and which are not dealing only with the investment adviser) must supply the Treasurer, or his/her designee, with audited financials and a statement certifying that the institution has reviewed the California Government Code, Section 53600 et seq. and the DocuSign Envelope ID: EE151093-717B-4CB6-A375-0E25BA3DD071 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E 6 City of Gardena’s investment policy. The Treasurer, or his/her designee, will conduct an annual review of the financial condition and registrations of such qualified bidders.

Public deposits will be made only in qualified public depositories as established by State law. Deposits will be insured by the Federal Deposit Insurance Corporation, or, to the extent the amount exceeds the insured maximum, will be collateralized in accordance with State law.

Selection of broker/dealers used by an external investment adviser retained by the City of Gardena will be at the sole discretion of the adviser. Where possible, transactions with broker/dealers shall be selected on a competitive basis and their bid or offering prices shall be recorded. If there is no other readily available competitive offering, best efforts will be made to document quotations for comparable or alternative securities. When purchasing original issue instrumentality securities, no competitive offerings will be required as all dealers in the selling group offer those securities at the same original issue price.

IX. AUTHORIZED INVESTMENTS

The City of Gardena’s investments are governed by California Government Code, Sections 53600 et seq. Within the investments permitted by the Code, the City of Gardena seeks to further restrict eligible investments to the guidelines listed below. In the event a discrepancy is found between this policy and the Code, the more restrictive parameters will take precedence. Percentage holding limits listed in this section apply at the time the security is purchased.

Any investment currently held at the time the policy is adopted which does not meet the new policy guidelines can be held until maturity, and shall be exempt from the current policy. At the time of the investment’s maturity or liquidation, such funds shall be reinvested only as provided in the current policy.

An appropriate risk level shall be maintained by primarily purchasing securities that are of high quality, liquid, and marketable. The portfolio shall be diversified by security type and issuer to avoid incurring unreasonable and avoidable risks regarding specific security types or individual issuers.

1. MUNICIPAL SECURITIES include obligations of the City of Gardena, the State of California and any local agency within the State of California, provided that:

 The securities are rated in a rating category of “A” or its equivalent or better by at least one nationally recognized statistical rating organization (“NRSRO”).  No more than 5% of the total portfolio may be invested in any single issuer.  No more than 30% of the total portfolio may be in Municipal Securities.  The maximum maturity does not exceed five (5) years.

2. MUNICIPAL SECURITIES (REGISTERED TREASURY NOTES OR BONDS) of any of the other 49 states in addition to California, including bonds payable solely out of the revenues from a revenue-producing property owned, controlled, or operated by a state or by a department, board, agency, or authority of any of the other 49 states, in addition to California.

DocuSign Envelope ID: EE151093-717B-4CB6-A375-0E25BA3DD071 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E 7  The securities are rated in a rating category of “A” or its equivalent or better by at least one nationally recognized statistical rating organization (“NRSRO”).  No more than 5% of the total portfolio may be invested in any single issuer.  No more than 30% of the total portfolio may be in Municipal Securities.  The maximum maturity does not exceed five (5) years.

3. U.S. TREASURIES and other government obligations for which the full faith and credit of the United States are pledged for the payment of principal and interest. There are no limits on the dollar amount or percentage that the City of Gardena may invest in U.S.

Treasuries, provided that:

 The maximum maturity is five (5) years.

4. FEDERAL AGENCIES or United States Government-Sponsored Enterprise obligations, participations, or other instruments, including those issued by or fully guaranteed as to principal and interest by federal agencies or United States government-sponsored enterprises. There are no limits on the dollar amount or percentage that the City of Gardena may invest in Federal Agency or Government-Sponsored Enterprises (GSEs), provided that:

 No more than 25% of the total portfolio may be invested in any single Agency/GSE issuer.
 The maximum maturity does not exceed five (5) years.
 The maximum percent of agency callable securities in the total portfolio will be 20%.

5. BANKER’S ACCEPTANCES, provided that:

 They are issued by institutions which have short-term debt obligations rated “A-1” or its equivalent or better by at least one NRSRO; or long-term debt obligations which are rated in a rating category of “A” or its equivalent or better by at least one NRSRO.
 No more than 40% of the total portfolio may be invested in Banker’s Acceptances.  No more than 5% of the total portfolio may be invested in any single issuer.  The maximum maturity does not exceed 180 days.

6. COMMERCIAL PAPER, provided that:

 The issuer is a corporation organized and operating in the United States with assets in excess of $500 million.
 The securities are rated “A-1” or its equivalent or better by at least one NRSRO.  They are issued by corporations which have long-term obligations rated in a rating category of “A” or its equivalent or better by at least one NRSRO.  City of Gardena may purchase no more than 10% of the outstanding commercial paper of any single issuer.
 No more than 25% of the total portfolio may be invested in Commercial Paper.  No more than 5% of the total portfolio may be invested in any single issuer.

DocuSign Envelope ID: EE151093-717B-4CB6-A375-0E25BA3DD071 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E 8  The maximum maturity does not exceed 270 days.

7. NEGOTIABLE CERTIFICATES OF DEPOSIT (NCDS), issued by a nationally or state- chartered bank, a savings association or a federal association, a state or federal credit union, or by a federally licensed or state-licensed branch of a foreign bank, provided that:

 The amount of the NCD insured up to the FDIC limit does not require any credit ratings.
 Any amount above the FDIC insured limit must be issued by institutions which have short-term debt obligations rated “A-1” or its equivalent or better by at least one NRSRO; or long-term obligations rated in a rating category of “A” or its equivalent or better by at least one NRSRO.
 No more than 30% of the total portfolio may be invested in NCDs (combined with CDARS).
 No more than 5% of the total portfolio may be invested in any single issuer.  The maximum maturity does not exceed five (5) years.

8. FEDERALLY INSURED TIME DEPOSITS (Non-Negotiable Certificates of Deposit) in state or federally chartered banks, savings and loans, or credit unions, provided that:

 The amount per institution is limited to the maximum covered under federal insurance.
 No more than 20% of the total portfolio will be invested in a combination of federally insured and collateralized time deposits.
 The maximum maturity does not exceed five (5) years.

9. COLLATERALIZED TIME DEPOSITS (Non-Negotiable Certificates of Deposit) in state or federally chartered banks, savings and loans, or credit unions in excess of insured amounts which are fully collateralized with securities in accordance with California law, provided that:

 No more than 20% of the portfolio will be invested in a combination of federally insured and collateralized time deposits.
 The maximum maturity does not exceed five (5) years.

10. PLACEMENT DEPOSIT SERVICE provided that:

 No more than 30% of the total portfolio may be invested in a combination of Certificates of Deposit, including CDARS.
 The full amount of each deposit along with accrued interest must at all times be insured by the Federal Deposit Insurance Corporation (FDIC) or the National Credit Union Administration (NCUA)
 Under a provision sunsettting on January 1, 2026, no more than 50% of the portfolio may be invested in deposits through a placement service, including Certificates of Deposit, if the Agency is a city, district or local agency that does not pool money with other local agencies.
 The maximum maturity does not exceed five (5) years.

DocuSign Envelope ID: EE151093-717B-4CB6-A375-0E25BA3DD071 Docusign Envelope ID: 8E78A8F6-9126-4E5D-B756-0FA86007A75E 9 11. COLLATERALIZED BANK DEPOSITS. City of Gardena’s deposits with financial institutions will be collateralized with pledged securities per California Government Code, Section 53651. There are no limits on the dollar amount or percentage that the City of Gardena may invest in collateralized bank deposits.

12. STATE OF CALIFORNIA LOCAL AGENCY INVESTMENT FUND (LAIF), provided that:

 The City of Gardena may invest up to the maximum amount permitted by LAIF.  LAIF’s investments in instruments prohibited by or not specified in the City of Gardena’s policy do not exclude the investment in LAIF itself from the City of Gardena’s list of allowable investments, provided LAIF’s reports allow the Treasurer to adequately judge the risk inherent in LAIF’s portfolio.

13. LOCAL GOVERNMENT INVESTMENT POOLS (LGIPS)

 Permitted LGIPs comprise the following programs:
o California Asset Management Program (CAMP) Pool
o California Asset Management Program (CAMP) Term
o Investment Trust of California (CalTRUST)
o Los Angeles County Pooled Investment Fund (LACPIF)

14. CORPORATE MEDIUM TERM NOTES (MTNS), provided that:

 The issuer is a corporation organized and operating within the United States or by depository institutions licensed by the United States or any state and operating within the United States.
 The securities are rated in a rating category of “A” or its equivalent or better by at least one NRSRO.
 No more than 30% of the total portfolio may be invested in MTNs.  No more than 5% of the total portfolio may be invested in any single issuer.  The maximum maturity does not exceed five (5) years.

15. ASSET-BACKED, MORTGAGE-BACKED, MORTGAGE PASS-THROUGH SECURITIES, AND COLLATERALIZED MORTGAGE OBLIGATIONS, provided that:

 The securities are rated in a rating category of “AA” or its equivalent or better by a NRSRO.
 No more than 20% of the total portfolio may be invested in these securities.  No more than 5% of the total portfolio may be invested in any single Asset-Backed or Commercial Mortgage security issuer. There is no issuer limitation on any Mortgage security where the issuer is the US Treasury or a Federal Agency/GSE.  The maximum legal final maturity does not exceed five (5) years.

Gardena City CouncilJanuary 28, 2025

Gardena City Council
January 28, 2025