Investment
Report
City of Laguna Beach Agg
As of September 30, 2025
Attachment 2
9 2
OBSERVATIONS AND EXPECTATIONS
• Fed lowered the Fed Funds rate by .25% at the September 17th meeting • Labor market continued to show signs of slowing as 22,000 jobs were created in September
• U.S. Treasury rates were generally lower for the month of September • GDP rebounded in Q2 to 3.8% from the tariff-induced decline of -0.5% in Q1 • Atlanta Fed’s GDPNow forecast is projecting a 3.9% GDP for Q3 • The futures market and the Fed are expecting two more .25% cuts this year; more cuts in 2026
• The Fed Funds futures market is
expecting the Fed Funds rate to
end 2025 at about 3.6% and
2026 at approximately 3.0%.
• The Fed is watching both of their
mandates (employment and
inflation) closely to determine the
path of Fed Funds. They say the
risk is more tilted to slower job
growth.
2 SOURCES: BLOOMBERG
2.80%
3.00%
3.20%
3.40%
3.60%
3.80%
4.00%
Oct 25 Dec 25 Jan 26 Mar 26 Apr 26 Jun 26 Jul 26 Sep 26 Oct 26 Dec 26 Fed Meeting Months
Fed Funds Futures Yields
10 3
• The current unemployment rate of 4.3%
has moved up from earlier this year but
remains low by historical standards.
• Lower immigration during 2025 has
clouded the conclusions from lower
nonfarm payrolls.
• Economists estimate not as many jobs
are needed as compared to the
previous few years to keep the
unemployment rate low.
• Core Personal Consumption Expenditure
YoY is the Fed’s preferred inflation gauge.
• Core excludes food and energy components,
which generally make the series less volatile.
• Core PCE YoY is currently at 2.9% and has
been above the Fed’s 2% target for 54
consecutive months.
3 SOURCES: BLOOMBERG
SOURCES: BLOOMBERG
0 0.1
0.2 0.3
0.4 0.5
0.6 0.7
0.8 0.9
1 0%
2%
4%
6%
8%
10%
12%
14%
16%
1948
1950
1953
19561959
1961
1964
1967
1970
1972
1975
1978
1981
1983
19861989
1992
1994
1997
2000
2003
2005
2008
2011
2014
20162019
2022
2025
U.S. Unemployment Rate
2.9%
0%
1%
2%
3%
4%
5%
6%
Dec-19
Mar-20
Jun-20
Sep-20
Dec-20
Mar-21
Jun-21
Sep-21
Dec-21
Mar-22
Jun-22
Sep-22
Dec-22
Mar-23
Jun-23
Sep-23
Dec-23
Mar-24
Jun-24
Sep-24
Dec-24
Mar-25
Jun-25
Sep-25
Core PCE YoY
11 3
4 SOURCES: BLOOMBERG
(19)
(29)
(26)
(34) (32)
(28)
(23)
(15)
(4)
(1)
-40
-35
-30
-25
-20
-15
-10
-50
3M 6M 1Y 2Y 3Yr 5Y 7Y 10Y 20Y 30Y
Basis Points
Basis Point Change
3.40 3.60
3.80 4.00
4.20 4.40
4.60 4.80
5.00 5.20
3M 6M 1Y 2Y 3Yr 5Y 7Y 10Y 20Y 30Y
Percent
U.S. Treasury Yield Curve Change
9/30/25 8/29/25
12 CITY OF LAGUNA BEACH AGG | SEPTEMBER 30, 2025
5 Portfolio Summary 6
Position Statement 7
Transaction Statement 13
Income/Dividend Received 14
Contribution/Withdrawals and Expenses 16
Projected Income 17
Contents
13 6
Portfolio Summary
CURRENT
MONTH
Beginning 127,600,404.47
Contributions/Withdrawals (9,666,483.00)
Management Fees 0.00
Custodian Fees 0.00
Realized Gains Losses 80,514.50
Purchased Interest 0.00
Interest Received 266,483.00
ENDING 118,280,918.97
2.44 Weighted Average Yield to Maturity
1.17 Weighted Average Maturity (Years)
1.09 Portfolio Effective Duration (Years)
1.17 Weighted Average Life (Years)
AA
Average Credit Rating
Custodial Reconciliation
Sector Allocation
• 1 U.S. Agencies 52.05%
• 1 High-Yield Checking 18.47%
• 1 U.S. Treasuries 14.22%
• 1 Corporate Bonds 13.00%
• 1 Supranational 1.37%
• 1 Negotiable CD's 0.68%
• 1 LGIP 0.11%
• 1 Municipal Bonds 0.10%
Maturity Distribution
Projected Monthly Income Schedule
CITY OF LAGUNA BEACH AGG
SEPTEMBER 30, 2025
14 CITY OF LAGUNA BEACH AGG | SEPTEMBER 30, 2025
7 CUSIP DESCRIPTION
TRADE DATE
SETTLE DATE PAR VALUE
PRINCIPAL COST
PURCHASED
INTEREST TOTAL COST
YIELD TO
MATURITY
MATURITY
DATE
DAYS TO
MATURITY
MARKET PRICE
MARKET VALUE
UNREALIZED
GAIN/LOSS BOOK
VALUE
% OF
MV
MOODY'S
S&P
RATING
OPERATING
ACCOUNT
U.S. TREASURIES
91282CFZ9 US TREASURY 3.875
11/30/27
07/10/2025
07/14/2025 1,700,000.00 1,700,863.287,919.40 1,708,782.68 3.85 11/30/2027 791 100.531,708,959.00 8,095.72
1,700,863.28 1.18 Aa1AA+
91282CGC9 US TREASURY 3.875
12/31/27
07/10/2025
07/14/2025 1,650,000.00 1,651,289.062,432.40 1,653,721.46 3.84 12/31/2027 822 100.551,659,091.50 7,802.44
1,651,289.06 1.15 Aa1AA+
91282CND9 US TREASURY 3.750
05/15/28
07/09/2025
07/11/2025 1,500,000.00 1,497,304.698,712.64 1,506,017.33 3.82 05/15/2028 958 100.32 1,504,800.00
7,495.31
1,497,304.69 1.04 Aa1AA+
91282CNH0 US TREASURY 3.875
06/15/28
07/09/2025
07/11/2025 1,750,000.00 1,752,939.454,817.28 1,757,756.73 3.81 06/15/2028 989 100.661,761,480.00 8,540.55
1,752,939.45 1.22 Aa1AA+
91282CHQ7 US TREASURY 4.125
07/31/28
02/14/2025
02/19/2025 2,000,000.00 1,991,015.630.00 1,991,015.63 4.27 07/31/2028 1,035 101.332,026,560.00 35,544.37
1,991,015.63 1.40 Aa1AA+
91282CJR3 US TREASURY 3.750
12/31/28
07/10/2025
07/14/2025 1,905,000.00 1,897,930.662,717.73 1,900,648.39 3.87 12/31/2028 1,188 100.32 1,911,019.80
13,089.14
1,897,930.66 1.32 Aa1AA+
91282CKG5 US TREASURY 4.125
03/31/29
01/27/2025
01/29/2025 2,000,000.00 1,985,390.630.00 1,985,390.63 4.32 03/31/2029 1,278 101.522,030,460.00 45,069.37
1,985,390.63 1.41 Aa1AA+
9128286T2 US TREASURY 2.375
05/15/29
07/10/2025
07/14/2025 1,300,000.00 1,230,734.385,033.97 1,235,768.35 3.88 05/15/2029 1,323 95.641,243,333.00 12,598.62
1,230,734.38 0.86 Aa1AA+
91282CLC3 US TREASURY 4.000
07/31/29
10/28/2024
10/30/2024 1,000,000.00 995,273.440.00 995,273.44 4.11 07/31/2029 1,400 101.111,011,060.00 15,786.56
995,273.44 0.70 Aa1AA+
91282CMA6 US TREASURY 4.125
11/30/29
01/29/2025
01/31/2025 2,000,000.00 1,983,828.130.00 1,983,828.13 4.31 11/30/2029 1,522 101.61 2,032,180.00
48,351.87
1,983,828.13 1.41 Aa1AA+
91282CMG3 US TREASURY 4.250
01/31/30
01/29/2025
01/31/2025 2,000,000.00 1,993,828.12
0.00 1,993,828.12 4.32 01/31/2030 1,584 102.12
2,042,340.00
48,511.88
1,993,828.12 1.41 Aa1AA+
91282CNK3 US TREASURY 3.875
06/30/30
07/09/2025
07/11/2025 1,600,000.00 1,597,250.001,853.26 1,599,103.26 3.91 06/30/2030 1,734 100.611,609,808.00 12,558.00
1,597,250.00 1.11 Aa1AA+
U.S. TREASURIES
TOTAL 20,405,000.00 20,277,647.4733,486.68 20,311,134.15 4.04 1,219 100.6920,541,091.30 263,443.83
20,277,647.47 14.22 AA+
U.S. AGENCIES
3134GXDM3 FREDDIE MAC 0.620
12/01/25 '25 MTN
11/18/2020
12/01/2020 2,000,000.00 2,000,000.000.00 2,000,000.00 0.62 12/01/2025 62 99.431,988,600.00 (11,400.00)
2,000,000.00 1.38 Aa1AA+
3134GXFV1 FREDDIE MAC 0.625
12/17/25 '25 MTN
12/02/2020
12/17/2020 1,000,000.00 1,000,000.000.00 1,000,000.00 0.63 12/17/2025 78 99.28 992,840.00
(7,160.00)
1,000,000.00 0.69 Aa1
AA+
3130AKHR0 FHLBANKS 0.625
12/18/25 '25
11/30/2020
12/18/2020 1,000,000.00 1,000,000.000.00 1,000,000.00 0.63 12/18/2025 79 99.28 992,820.00
(7,180.00)
1,000,000.00 0.69 Aa1
AA+
3135GA5R8 FANNIE MAE 0.625
12/18/25 '25
12/01/2020
12/18/2020 1,000,000.00 1,000,000.00
0.00 1,000,000.00 0.63 12/18/2025 79 99.28
992,750.00
(7,250.00)
1,000,000.00 0.69 Aa1
AA+
3134GXHL1 FREDDIE MAC 0.700
12/30/25 '25 MTN
12/08/2020
12/30/2020 1,000,000.00 1,000,000.000.00 1,000,000.00 0.70 12/30/2025 91 99.20991,990.00 (8,010.00)
1,000,000.00 0.69 Aa1AA+
3130AKQ74 FHLBANKS 0.625
01/22/26 '25
01/11/2021
01/22/2021 2,000,000.00 2,000,000.000.00 2,000,000.00 0.63 01/22/2026 114 98.961,979,260.00 (20,740.00)
2,000,000.00 1.37 Aa1AA+
3130AKRN8 FHLBANKS 0.650
01/28/26 '25
01/12/2021
01/28/2021 2,000,000.00 2,000,000.000.00 2,000,000.00 0.65 01/28/2026 120 98.911,978,280.00 (21,720.00)
2,000,000.00 1.37 Aa1
AA+
Position Statement
15 CITY OF LAGUNA BEACH AGG | SEPTEMBER 30, 2025
8 CUSIP DESCRIPTION
TRADE DATE
SETTLE DATE PAR VALUE
PRINCIPAL COST
PURCHASED
INTEREST TOTAL COST
YIELD TO
MATURITY
MATURITY
DATE
DAYS TO
MATURITY
MARKET PRICE
MARKET VALUE
UNREALIZED
GAIN/LOSS BOOK
VALUE
% OF
MV
MOODY'S
S&P
RATING
3130AKPN0 FHLBANKS 0.600
01/29/26 '25
01/08/2021
01/29/2021 2,000,000.00 2,000,000.000.00 2,000,000.00 0.60 01/29/2026 121 98.891,977,780.00 (22,220.00)
2,000,000.00 1.37 Aa1AA+
3130AL2G8 FHLBANKS 0.600
02/18/26 '25
02/03/2021
02/18/2021 1,000,000.00 1,000,000.000.00 1,000,000.00 0.60 02/18/2026 141 98.75987,500.00 (12,500.00)
1,000,000.00 0.68 Aa1AA+
3130AL5X8 FHLBANKS 0.650
02/24/26 '25
02/08/2021
02/24/2021 2,000,000.00 2,000,000.000.00 2,000,000.00 0.65 02/24/2026 147 98.711,974,220.00 (25,780.00)
2,000,000.00 1.37 Aa1AA+
3130AL7M0 FHLBANKS 0.625
02/24/26 '25
02/16/2021
02/24/2021 1,000,000.00 998,650.00
0.00 998,650.00 0.65 02/24/2026 147 98.67986,730.00
(11,920.00)
998,650.00 0.68 Aa1AA+
3130ALCV4 FHLBANKS 0.750
02/24/26 '25
02/16/2021
02/24/2021 2,000,000.00 2,000,000.000.00 2,000,000.00 0.75 02/24/2026 147 98.731,974,660.00 (25,340.00)
2,000,000.00 1.37 WR
AA+
3130ALD76 FHLBANKS 0.700
02/25/26 '25
02/16/2021
02/25/2021 2,000,000.00 2,000,000.000.00 2,000,000.00 0.70 02/25/2026 148 98.741,974,740.00 (25,260.00)
2,000,000.00 1.37 Aa1AA+
31422XBN1 FARMER MAC 0.690
02/25/26 '24 MTN
02/17/2021
02/25/2021 1,000,000.00 1,000,000.000.00 1,000,000.00 0.69 02/25/2026 148 98.71987,050.00 (12,950.00)
1,000,000.00 0.68 NANA
3130AKZ25 FHLBANKS 0.650
02/26/26 '25
02/03/2021
02/26/2021 1,000,000.00 1,000,000.000.00 1,000,000.00 0.65 02/26/2026 149 98.67986,650.00 (13,350.00)
1,000,000.00 0.68 Aa1AA+
3133EMSH6 FED FARM CR BNKS
0.790 03/03/26 '25
02/24/2021
03/03/2021 1,000,000.00 1,000,000.000.00 1,000,000.00 0.79 03/03/2026 154 98.69986,860.00 (13,140.00)
1,000,000.00 0.68 Aa1
AA+
3133EMSU7 FED FARM CR BNKS
0.800 03/09/26 '25
03/02/2021
03/09/2021 1,000,000.00 1,000,000.000.00 1,000,000.00 0.80 03/09/2026 160 98.68986,780.00 (13,220.00)
1,000,000.00 0.68 Aa1AA+
3130ALFS8 FHLBANKS 0.800
03/10/26 '25
02/19/2021
03/10/2021 2,000,000.00 2,000,000.00
0.00 2,000,000.00 0.80 03/10/2026 161 98.661,973,120.00 (26,880.00)
2,000,000.00 1.37 Aa1AA+
3130ALDN1 FHLBANKS 0.800
03/16/26 '25
02/17/2021
03/16/2021 2,000,000.00 2,000,000.000.00 2,000,000.00 0.80 03/16/2026 167 98.591,971,780.00 (28,220.00)
2,000,000.00 1.36 Aa1AA+
3133ENSD3 FED FARM CR BNKS 2.150
03/18/26 '25
03/11/2022
03/18/2022 1,000,000.00 1,000,000.000.00 1,000,000.00 2.15 03/18/2026 169 99.19991,910.00 (8,090.00)
1,000,000.00 0.69 Aa1AA+
3130ALGC2 FHLBANKS 0.875
03/23/26 '25
02/22/2021
03/23/2021 2,000,000.00 2,000,000.000.00 2,000,000.00 0.88 03/23/2026 174 98.591,971,840.00 (28,160.00)
2,000,000.00 1.36 Aa1AA+
3130ALGJ7 FHLBANKS 1.000
03/23/26 '25
02/22/2021
03/23/2021 1,950,000.00 1,950,000.000.00 1,950,000.00 1.00 03/23/2026 174 98.661,923,948.00 (26,052.00)
1,950,000.00 1.33 Aa1AA+
3130ALXJ8 FHLBANKS 1.150
04/29/26 '25
04/12/2021
04/29/2021 1,420,000.00 1,420,000.000.00 1,420,000.00 1.15 04/29/2026 211 98.491,398,529.60 (21,470.40)
1,420,000.00 0.97 Aa1AA+
31422XFP2 FARMER MAC 0.950
05/04/26 '23 MTN
04/26/2021
05/04/2021 1,000,000.00 1,000,000.00
0.00 1,000,000.00 0.95 05/04/2026 216 98.30
983,010.00
(16,990.00)
1,000,000.00 0.68 NANA
31422XHF2 FARMER MAC 0.925
06/10/26 '24 MTN
05/27/2021
06/10/2021 1,000,000.00 1,000,000.000.00 1,000,000.00 0.93 06/10/2026 253 98.03 980,310.00
(19,690.00)
1,000,000.00 0.68 NA
NA
31422XJM5 FARMER MAC 0.940
06/29/26 '24 MTN
12/23/2021
12/27/2021 1,000,000.00 983,410.000.00 983,410.00 1.32 06/29/2026 272 97.97979,740.00 (3,670.00)
983,410.00 0.68 NANA
3133EMP63 FED FARM CR BNKS
0.980 06/30/26 '25
07/07/2021
07/08/2021 1,000,000.00 999,250.000.00 999,250.00 1.00 06/30/2026 273 97.93979,260.00 (19,990.00)
999,250.00 0.68 Aa1
AA+
3130AMSS2 FHLBANKS 1.050
06/30/26 '25
06/03/2021
06/30/2021 1,000,000.00 1,000,000.000.00 1,000,000.00 1.05 06/30/2026 273 98.08980,840.00 (19,160.00)
1,000,000.00 0.68 Aa1AA+
3130AQS79 FHLBANKS 2.250
08/07/26
01/27/2022
02/07/2022 1,000,000.00 1,000,000.000.00 1,000,000.00 1.76 08/07/2026 311 98.77987,680.00 (12,320.00)
1,000,000.00 0.68 Aa1AA+
3130ANNP1 FHLBANKS 1.100
08/24/26 '25
08/10/2021
08/31/2021 1,000,000.00 1,000,000.00
0.00 1,000,000.00 1.10 08/24/2026 328 97.77
977,740.00
(22,260.00)
1,000,000.00 0.68 Aa1
AA+
Position Statement
16 CITY OF LAGUNA BEACH AGG | SEPTEMBER 30, 2025
9 CUSIP DESCRIPTION
TRADE DATE
SETTLE DATE PAR VALUE
PRINCIPAL COST
PURCHASED
INTEREST TOTAL COST
YIELD TO
MATURITY
MATURITY
DATE
DAYS TO
MATURITY
MARKET PRICE
MARKET VALUE
UNREALIZED
GAIN/LOSS BOOK
VALUE
% OF
MV
MOODY'S
S&P
RATING
3130ANRR3 FHLBANKS 1.000
09/17/26 '25
08/24/2021
09/17/2021 2,000,000.00 2,000,000.000.00 2,000,000.00 1.00 09/17/2026 352 97.481,949,520.00 (50,480.00)
2,000,000.00 1.35 Aa1AA+
3130ANYN4 FHLBANKS 1.000
09/30/26 '25
09/14/2021
09/30/2021 1,000,000.00 1,000,000.000.00 1,000,000.00 1.00 09/30/2026 365 97.37973,650.00 (26,350.00)
1,000,000.00 0.67 Aa1AA+
3130AP4X0 FHLBANKS 1.000
09/30/26 '25
09/16/2021
09/30/2021 1,000,000.00 1,000,000.000.00 1,000,000.00 1.00 09/30/2026 365 97.39973,890.00 (26,110.00)
1,000,000.00 0.67 Aa1AA+
3130ANYN4 FHLBANKS 1.000
09/30/26 '25
09/14/2021
09/30/2021 1,000,000.00 1,000,000.00
0.00 1,000,000.00 1.00 09/30/2026 365 97.37973,650.00
(26,350.00)
1,000,000.00 0.67 Aa1AA+
3133ENBK5 FED FARM CR BNKS 1.140
10/20/26 '25
10/14/2021
10/20/2021 1,000,000.00 1,000,000.000.00 1,000,000.00 1.14 10/20/2026 385 97.45974,480.00 (25,520.00)
1,000,000.00 0.67 Aa1
AA+
3130APL37 FHLBANKS 1.400 11/16/26
'25
10/18/2021
11/16/2021 1,000,000.00 1,000,000.000.00 1,000,000.00 1.40 11/16/2026 412 97.47974,670.00 (25,330.00)
1,000,000.00 0.67 Aa1AA+
31422XPE6 FARMER MAC 1.300
11/23/26 '24 MTN
10/18/2021
11/23/2021 1,000,000.00 1,000,000.000.00 1,000,000.00 1.30 11/23/2026 419 97.28972,790.00 (27,210.00)
1,000,000.00 0.67 NANA
3133ENEM8 FED FARM CR BNKS
1.430 11/23/26 '25
11/16/2021
11/23/2021 1,000,000.00 1,000,000.000.00 1,000,000.00 1.43 11/23/2026 419 97.46974,610.00 (25,390.00)
1,000,000.00 0.67 Aa1AA+
3130APU78 FHLBANKS 1.300
11/24/26 '25
11/09/2021
11/24/2021 1,000,000.00 1,000,000.000.00 1,000,000.00 1.30 11/24/2026 420 97.31973,050.00 (26,950.00)
1,000,000.00 0.67 Aa1
AA+
3130APQW8 FHLBANKS 1.500
11/24/26 '25
10/28/2021
11/24/2021 1,000,000.00 1,000,000.000.00 1,000,000.00 1.50 11/24/2026 420 97.53975,270.00 (24,730.00)
1,000,000.00 0.68 Aa1AA+
3133ENFN5 FED FARM CR BNKS
1.540 11/30/26 '25
11/23/2021
11/30/2021 1,000,000.00 1,000,000.00
0.00 1,000,000.00 1.54 11/30/2026 426 97.58975,760.00
(24,240.00)
1,000,000.00 0.68 Aa1AA+
3130APV77 FHLBANKS 1.500
12/10/26 '25
11/10/2021
12/13/2021 1,000,000.00 1,000,000.000.00 1,000,000.00 1.50 12/10/2026 436 97.46974,580.00 (25,420.00)
1,000,000.00 0.67 Aa1AA+
3130APV77 FHLBANKS 1.500
12/10/26 '25
11/10/2021
12/10/2021 1,000,000.00 1,000,000.000.00 1,000,000.00 1.50 12/10/2026 436 97.46974,580.00 (25,420.00)
1,000,000.00 0.67 Aa1AA+
3133ENHC7 FED FARM CR BNKS
1.600 12/14/26 '25
12/08/2021
12/14/2021 2,000,000.00 2,000,000.000.00 2,000,000.00 1.60 12/14/2026 440 97.531,950,620.00 (49,380.00)
2,000,000.00 1.35 Aa1AA+
3130APXD2 FHLBANKS 1.550 12/17/26
'25
11/15/2021
12/17/2021 1,000,000.00 1,000,000.000.00 1,000,000.00 1.55 12/17/2026 443 97.46974,590.00 (25,410.00)
1,000,000.00 0.67 Aa1AA+
3130AQEW9 FHLBANKS 1.500
01/14/27 '25
12/21/2021
01/14/2022 1,000,000.00 1,000,000.000.00 1,000,000.00 1.50 01/14/2027 471 97.20971,970.00 (28,030.00)
1,000,000.00 0.67 Aa1AA+
3130AQHC0 FHLBANKS 1.650
01/28/27 '25
12/30/2021
01/28/2022 1,000,000.00 1,000,000.00
0.00 1,000,000.00 1.65 01/28/2027 485 97.36
973,580.00
(26,420.00)
1,000,000.00 0.67 Aa1AA+
3130AQJH7 FHLBANKS 1.750
01/28/27 '25
01/04/2022
01/28/2022 500,000.00 500,000.000.00 500,000.00 1.75 01/28/2027 485 97.49 487,430.00
(12,570.00)
500,000.00 0.34 Aa1
AA+
3130AQSM6 FHLBANKS 2.050
02/25/27 '25
01/31/2022
02/25/2022 1,000,000.00 1,000,000.000.00 1,000,000.00 2.05 02/25/2027 513 97.74977,400.00 (22,600.00)
1,000,000.00 0.68 Aa1AA+
3130ARPG0 FHLBANKS 4.000
04/28/27 '25
04/05/2022
04/28/2022 1,000,000.00 1,000,000.000.00 1,000,000.00 3.22 04/28/2027 575 99.87998,660.00 (1,340.00)
1,000,000.00 0.69 Aa1
AA+
742651DY5 PEFCO 1.400 07/15/28 07/09/2025
07/11/2025 1,250,000.00 1,161,612.500.00 1,161,612.50 3.91 07/15/2028 1,019 93.361,166,987.50 5,375.00
1,161,612.50 0.81 Aa1NA
3133ETKN6 FED FARM CR BNKS
4.000 10/09/29
07/10/2025
07/14/2025 1,250,000.00 1,252,525.004,861.11 1,257,386.11 3.95 10/09/2029 1,470 101.031,262,837.50 10,312.50
1,252,525.00 0.87 Aa1AA+
U.S. AGENCIES
TOTAL 65,370,000.00 65,265,447.50
4,861.11 65,270,308.61 1.16 289 98.29
64,243,792.60
(1,021,654.90)
65,265,447.50 44.47 AA+
Position Statement
17 CITY OF LAGUNA BEACH AGG | SEPTEMBER 30, 2025
10 CUSIP DESCRIPTION
TRADE DATE
SETTLE DATE PAR VALUE
PRINCIPAL COST
PURCHASED
INTEREST TOTAL COST
YIELD TO
MATURITY
MATURITY
DATE
DAYS TO
MATURITY
MARKET PRICE
MARKET VALUE
UNREALIZED
GAIN/LOSS BOOK
VALUE
% OF
MV
MOODY'S
S&P
RATING
NEGOTIABLE CD'S
01882MAD4 ALLIANT CR UNIN 5.100
12/30/25
12/22/2022
12/30/2022 250,000.00 250,000.000.00 250,000.00 5.10 12/30/2025 91 100.10250,246.33 246.33
250,000.00 0.17 NANA
48128UYQ6 JP MORGAN CHASE
0.550 02/09/26 '25
01/28/2021
02/09/2021 250,000.00 250,000.000.00 250,000.00 0.55 02/09/2026 132 98.60246,500.80 (3,499.20)
250,000.00 0.17 NANA
38149MA94 GOLDMAN BANK USA
1.050 09/29/26
09/22/2021
09/29/2021 250,000.00 250,000.00
0.00 250,000.00 1.05 09/29/2026 364 96.77241,920.95
(8,079.05)
250,000.00 0.17 NANA
39573LBZ0 GREENSTATE CREDI
1.050 10/15/26
10/07/2021
10/15/2021 250,000.00 250,000.000.00 250,000.00 1.05 10/15/2026 380 96.61241,533.63 (8,466.37)
250,000.00 0.17 NANA
NEGOTIABLE CD'S
TOTAL 1,000,000.00 1,000,000.000.00 1,000,000.00 1.96 240 98.04980,201.70 (19,798.30)
1,000,000.00 0.68 NA
MUNICIPAL
BONDS
562784AF5
MANHATTAN BEACH
CALIF PENSI 1.186
01/01/26
04/29/2021
05/12/2021 150,000.00 150,000.000.00 150,000.00 1.19 01/01/2026 93 99.27148,899.00 (1,101.00)
150,000.00 0.10 NAAAA
MUNICIPAL
BONDS TOTAL 150,000.00 150,000.000.00 150,000.00 1.19 93 99.27148,899.00 (1,101.00)
150,000.00 0.10 AAA
CORPORATE
BONDS
46632FRU1
JPMORGAN CHASE
BANK, N.A. 0.700
01/22/26
01/20/2021
01/22/2021 1,000,000.00 1,000,000.000.00 1,000,000.00 0.70 01/22/2026 114 98.56985,560.00 (14,440.00)
1,000,000.00 0.68 Aa2AA037833EB2 APPLE 0.700 02/08/26
'26
02/02/2021
02/08/2021 800,000.00 798,824.000.00 798,824.00 0.73 02/08/2026 131 98.85 790,800.00
(8,024.00)
798,824.00 0.55 Aaa
AA+
06048WL65 BOFAML 1.050 03/10/26
'25 MTN
03/30/2021
04/01/2021 1,000,000.00 985,200.000.00 985,200.00 1.36 03/10/2026 161 98.47984,650.00 (550.00)
985,200.00 0.68 A1A88579YAV3 3M 2.250 09/19/26 '26
MTN
03/29/2022
03/31/2022 1,000,000.00 972,940.000.00 972,940.00 2.90 09/19/2026 354 98.37983,690.00 10,750.00
972,940.00 0.68 A3BBB+
14913UAR1 CTRPLLR FIN SERV
4.400 10/15/27 MTN
07/10/2025
07/14/2025 1,500,000.00 1,507,740.0016,316.67 1,524,056.67 4.16 10/15/2027 745 101.091,516,335.00 8,595.00
1,507,740.00 1.05 A2A
478160CK8 JOHNSON&JOHNSON
2.900 01/15/28 '27
07/09/2025
07/11/2025 1,500,000.00 1,462,710.000.00 1,462,710.00 3.95 01/15/2028 837 98.271,474,020.00 11,310.00
1,462,710.00 1.02 Aaa
AAA
857477CU5 STATE STREET 4.536
02/28/28 '28
07/09/2025
07/11/2025 1,500,000.00 1,514,265.000.00 1,514,265.00 4.12 02/28/2028 881 101.281,519,245.00 4,980.00
1,514,265.00 1.05 Aa3A
24422EVP1 JOHN DEERE CAP 1.500
03/06/28 MTN
07/09/2025
07/11/2025 1,500,000.00 1,403,475.000.00 1,403,475.00 4.08 03/06/2028 888 94.371,415,610.00 12,135.00
1,403,475.00 0.98 A1A
053015AG8 ADP 1.700 05/15/28 '28 07/10/2025
07/14/2025 1,500,000.00 1,408,830.004,179.17 1,413,009.17 3.99 05/15/2028 958 94.701,420,485.00 11,655.00
1,408,830.00 0.98 Aa3AA037833EH9 APPLE 1.400 08/05/28
'28
07/09/2025
07/11/2025 1,000,000.00 924,650.00
0.00 924,650.00 4.04 08/05/2028 1,040 93.75
937,490.00
12,840.00
924,650.00 0.65 Aaa
AA+
931142ES8 WALMART 1.500
09/22/28 '28
07/09/2025
07/11/2025 1,500,000.00 1,387,335.00
0.00 1,387,335.00 4.03 09/22/2028 1,088 93.69
1,405,365.00
18,030.00
1,387,335.00 0.97 Aa2
AA
24422EXH7 JOHN DEERE CAP 4.500
01/16/29 MTN
01/29/2025
01/31/2025 1,000,000.00 994,440.000.00 994,440.00 4.65 01/16/2029 1,204 101.501,015,010.00 20,570.00
994,440.00 0.70 A1A
Position Statement
18 CITY OF LAGUNA BEACH AGG | SEPTEMBER 30, 2025
11 CUSIP DESCRIPTION
TRADE DATE
SETTLE DATE PAR VALUE
PRINCIPAL COST
PURCHASED
INTEREST TOTAL COST
YIELD TO
MATURITY
MATURITY
DATE
DAYS TO
MATURITY
MARKET PRICE
MARKET VALUE
UNREALIZED
GAIN/LOSS BOOK
VALUE
% OF
MV
MOODY'S
S&P
RATING
437076BY7 HOME DEPOT 2.950
06/15/29 '29
01/29/2025
01/31/2025 1,000,000.00 933,030.000.00 933,030.00 4.66 06/15/2029 1,354 96.46964,590.00 31,560.00
933,030.00 0.67 A2A
30303M8S4 META PLATFORMS 4.300
08/15/29 '29
01/27/2025
01/29/2025 1,000,000.00 988,650.000.00 988,650.00 4.58 08/15/2029 1,415 101.271,012,720.00 24,070.00
988,650.00 0.70 Aa3AA037833DP2 APPLE 2.200 09/11/29 '29 01/27/2025 01/29/2025 1,000,000.00 904,710.000.00 904,710.00 4.51 09/11/2029 1,442 93.82938,180.00 33,470.00
904,710.00 0.65 AaaAA+
713448ES3 PEPSICO 2.750 03/19/30
'29
07/09/2025
07/11/2025 1,500,000.00 1,405,155.00
0.00 1,405,155.00 4.25 03/19/2030 1,631 94.511,417,695.00 12,540.00
1,405,155.00 0.98 A1A+
CORPORATE
BONDS TOTAL 19,300,000.00 18,591,954.0020,495.84 18,612,449.84 3.67 914 97.4018,781,445.00 189,491.00
18,591,954.00 13.00 A+
SUPRANATIONAL
459058JS3 IBRD 0.650 02/10/26 '25 02/03/2021
02/10/2021 1,000,000.00 1,000,000.000.00 1,000,000.00 0.65 02/10/2026 133 98.76987,610.00 (12,390.00)
1,000,000.00 0.68 AaaAAA
SUPRANATIONAL
TOTAL 1,000,000.00 1,000,000.000.00 1,000,000.00 0.65 133 98.76987,610.00 (12,390.00)
1,000,000.00 0.68 AAA
OPERATING
ACCOUNT TOTAL 107,225,000.00 106,285,048.9758,843.63 106,343,892.60 2.17 579 105,683,039.60 (602,009.37)
106,285,048.97 73.15 AA
SHORT TERM
ACCOUNT
LGIP
CALAIF California LAIF 09/30/2025
09/30/2025 152,362.49 152,362.49
0.00 152,362.49 4.21 1 1.00
152,362.49
0.00 152,362.49 0.11 NA
LGIP TOTAL 152,362.49 152,362.49
0.00 152,362.49 4.21 1 1.00152,362.49
0.00 152,362.49 0.11 NA
U.S. AGENCIES
3130AKBX3 FHLBANKS 0.520
10/15/25 '25
10/26/2020
10/26/2020 2,000,000.00 1,998,500.000.00 1,998,500.00 0.54 10/15/2025 15 99.851,997,000.00 (1,500.00)
1,998,500.00 1.38 Aa1AA+
3133EMEC2 FED FARM CR BNKS
0.530 10/22/25 '25
10/23/2020
10/23/2020 2,000,000.00 1,998,500.000.00 1,998,500.00 0.55 10/22/2025 22 99.791,995,820.00 (2,680.00)
1,998,500.00 1.38 Aa1AA+
3134GXAP9 FREDDIE MAC 0.600
11/12/25 '25 MTN
11/12/2020
11/12/2020 1,000,000.00 1,000,000.000.00 1,000,000.00 0.60 11/12/2025 43 99.57995,710.00 (4,290.00)
1,000,000.00 0.69 Aa1AA+
3134GXCS1 FREDDIE MAC 0.625
11/25/25 MTN
11/25/2020
11/25/2020 2,000,000.00 2,000,000.000.00 2,000,000.00 0.63 11/25/2025 56 99.461,989,280.00 (10,720.00)
2,000,000.00 1.38 Aa1
AA+
3135GA3Z2 FANNIE MAE 0.600
11/25/25
11/25/2020
11/25/2020 2,000,000.00 2,000,000.000.00 2,000,000.00 0.60 11/25/2025 56 99.431,988,600.00 (11,400.00)
2,000,000.00 1.38 Aa1AA+
3134GXFA7 FREDDIE MAC 0.650
11/26/25 '25 MTN
11/30/2020
11/30/2020 2,000,000.00 2,000,000.000.00 2,000,000.00 0.65 11/26/2025 57 99.441,988,860.00 (11,140.00)
2,000,000.00 1.38 Aa1AA+
U.S. AGENCIES
TOTAL 11,000,000.00 10,997,000.000.00 10,997,000.00 0.59 41 99.5910,955,270.00 (41,730.00)
10,997,000.00 7.58 AA+
SUPRANATIONAL
Position Statement
19 CITY OF LAGUNA BEACH AGG | SEPTEMBER 30, 2025
12 CUSIP DESCRIPTION
TRADE DATE
SETTLE DATE PAR VALUE
PRINCIPAL COST
PURCHASED
INTEREST TOTAL COST
YIELD TO
MATURITY
MATURITY
DATE
DAYS TO
MATURITY
MARKET PRICE
MARKET VALUE
UNREALIZED
GAIN/LOSS BOOK
VALUE
% OF
MV
MOODY'S
S&P
RATING
459058JL8 IBRD 0.500 10/28/25
MTN
10/28/2020
10/28/2020 1,000,000.00 998,870.000.00 998,870.00 0.52 10/28/2025 28 99.72997,190.00 (1,680.00)
998,870.00 0.69 AaaAAA
SUPRANATIONAL
TOTAL 1,000,000.00 998,870.000.00 998,870.00 0.52 28 99.72997,190.00 (1,680.00)
998,870.00 0.69 AAA
HIGH-YIELD
CHECKING
325159738005 BofA Interest Checking –
Restricted Bond Proceeds 9,303,584.01 9,303,584.01
0.00 9,303,584.01 4.30 09/30/2025 0 1.009,303,584.01
0.00 9,303,584.01 6.44 NANA
325159737996 BofA PF Interest Checking 17,385,421.84 17,385,421.84
0.00 17,385,421.84 4.30 09/30/2025 0 1.0017,385,421.84
0.00 17,385,421.84 12.03 NANA
HIGH-YIELD
CHECKING TOTAL 26,689,005.85 26,689,005.850.00 26,689,005.85 4.30 0 1.0026,689,005.85
0.00 26,689,005.85 18.47 NA
SHORT TERM
ACCOUNT TOTAL 38,841,368.34 38,837,238.340.00 38,837,238.34 3.16 12 38,793,828.34 (43,410.00)
38,837,238.34 26.85 AA+
GRAND TOTAL 146,066,368.34 145,122,287.31
58,843.63 145,181,130.94 2.44 427 144,476,867.94
(645,419.37)
145,122,287.31 100.00 AA
Position Statement
20 CITY OF LAGUNA BEACH AGG | SEPTEMBER 30, 2025
13 Transaction Statement
SHORT TERM
ACCOUNT
TRADE DATE SETTLE DATE CUSIP DESCRIPTION PAR VALUE PRINCIPAL COST
PURCHASED
INTEREST TOTAL
PURCHASE
YIELD
BUY
09/30/2025 09/30/2025 325159737996 BofA PF Interest Checking (1,438,937.13) 09/30/2025 09/30/2025 325159738005 BofA Interest Checking – Restricted Bond Proceeds (32,170.53) BUY TOTAL (1,471,107.66)
TRADE DATE SETTLE DATE CUSIP DESCRIPTION PAR VALUE BOOK VALUE TOTAL NET
REALIZED
GAIN/LOSS
MATURITY
09/01/2025 09/02/2025 50420BDE9 LA QUINTA CALIF REDEV AGY SUCCESSOR AGY TAX ALLOC 1.168 09/01/2025 (1,000,000.00) 1,005,030.00 1,000,000.00 (5,030.00) 09/01/2025 09/02/2025 169548FL3 CHINO CALIF PUB FING AUTH REV 1.453 09/01/2025 (400,000.00) 406,048.00 400,000.00 (6,048.00) 09/15/2025 09/15/2025 91282CFK2 UNITED STATES TREASURY 3.5 09/15/2025 (3,000,000.00) 2,987,760.00 3,000,000.00 12,240.00 09/30/2025 09/30/2025 3134GWUV6 FEDERAL HOME LOAN MORTGAGE CORP 0.52 09/30/2025 (2,000,000.00) 1,998,460.00 2,000,000.00 1,540.00 09/30/2025 09/30/2025 91282CAM3 UNITED STATES TREASURY 0.25 09/30/2025 (3,000,000.00) 2,922,187.50 3,000,000.00 77,812.50 MATURITY TOTAL (9,400,000.00) 9,319,485.50 9,400,000.00 80,514.50 21 CITY OF LAGUNA BEACH AGG | SEPTEMBER 30, 2025
14 Income/Dividend Received
IDENTIFIER DESCRIPTION PAYMENT DATE POST DATE
INTEREST/DIVIDENDS
RECEIVED
OUTSIDE HOLDINGS
325159738005 BofA Interest Checking – Restricted Bond Proceeds 09/30/2025 09/30/2025 32,170.53 325159737996 BofA PF Interest Checking 09/30/2025 09/30/2025 47,842.89
OUTSIDE HOLDINGS -
TOTAL 80,013.42
IDENTIFIER DESCRIPTION PAYMENT DATE POST DATE
INTEREST/DIVIDENDS
RECEIVED
US BANK
39573LBZ0 GREENSTATE CREDI 1.050 10/15/26 09/01/2025 09/02/2025 222.95 01882MAD4 ALLIANT CR UNIN 5.100 12/30/25 08/30/2025 09/02/2025 1,082.88 169548FL3 CHINO CALIF PUB FING AUTH REV 1.453 09/01/2025 09/01/2025 09/02/2025 2,906.00 50420BDE9 LA QUINTA CALIF REDEV AGY SUCCESSOR AGY TAX
ALLOC 1.168 09/01/2025 09/01/2025 09/02/2025 5,840.00
3133EMSH6 FED FARM CR BNKS 0.790 03/03/26 '25 09/03/2025 09/03/2025 3,950.00 24422EVP1 JOHN DEERE CAP 1.500 03/06/28 MTN 09/06/2025 09/08/2025 11,250.00 3133EMSU7 FED FARM CR BNKS 0.800 03/09/26 '25 09/09/2025 09/09/2025 4,000.00 3130ALFS8 FHLBANKS 0.800 03/10/26 '25 09/10/2025 09/10/2025 8,000.00 3130APV77 FHLBANKS 1.500 12/10/26 '25 09/10/2025 09/10/2025 2,500.00 06048WL65 BOFAML 1.050 03/10/26 '25 MTN 09/10/2025 09/10/2025 5,250.00 037833DP2 APPLE 2.200 09/11/29 '29 09/11/2025 09/11/2025 11,000.00 91282CFK2 UNITED STATES TREASURY 3.5 09/15/2025 09/15/2025 09/15/2025 52,500.00 3130ALDN1 FHLBANKS 0.800 03/16/26 '25 09/16/2025 09/16/2025 8,000.00 3130ANRR3 FHLBANKS 1.000 09/17/26 '25 09/17/2025 09/17/2025 10,000.00 3133ENSD3 FED FARM CR BNKS 2.150 03/18/26 '25 09/18/2025 09/18/2025 10,750.00 88579YAV3 3M 2.250 09/19/26 '26 MTN 09/19/2025 09/19/2025 11,250.00 713448ES3 PEPSICO 2.750 03/19/30 '29 09/19/2025 09/19/2025 20,625.00 931142ES8 WALMART 1.500 09/22/28 '28 09/22/2025 09/22/2025 11,250.00 3130ALGJ7 FHLBANKS 1.000 03/23/26 '25 09/23/2025 09/23/2025 9,750.00 3130ALGC2 FHLBANKS 0.875 03/23/26 '25 09/23/2025 09/23/2025 8,750.00 38149MA94 GOLDMAN BANK USA 1.050 09/29/26 09/29/2025 09/29/2025 1,323.29 3130AP4X0 FHLBANKS 1.000 09/30/26 '25 09/30/2025 09/30/2025 5,000.00 91282CAM3 UNITED STATES TREASURY 0.25 09/30/2025 09/30/2025 09/30/2025 3,750.00 22 CITY OF LAGUNA BEACH AGG | SEPTEMBER 30, 2025
15 Income/Dividend Received
3130ANYN4 FHLBANKS 1.000 09/30/26 '25 09/30/2025 09/30/2025 10,000.00 3134GWUV6 FEDERAL HOME LOAN MORTGAGE CORP 0.52
09/30/2025 09/30/2025 09/30/2025 5,200.00
91282CKG5 US TREASURY 4.125 03/31/29 09/30/2025 09/30/2025 41,250.00 01882MAD4 ALLIANT CR UNIN 5.100 12/30/25 09/30/2025 09/30/2025 1,082.88 US BANK - TOTAL 266,483.00
TOTAL 346,496.42
23 CITY OF LAGUNA BEACH AGG | SEPTEMBER 30, 2025
16 Contribution/Withdrawals and Expenses
POST DATE PAR VALUE TOTAL
SHORT TERM ACCOUNT
WITHDRAWAL
09/02/2025 (1,408,746.00) (1,408,746.00)
09/15/2025 (3,052,500.00) (3,052,500.00)
09/30/2025 (5,008,950.00) (5,008,950.00)
WITHDRAWAL TOTAL (9,470,196.00) (9,470,196.00)
OPERATING ACCOUNT
WITHDRAWAL
09/02/2025 (1,305.83) (1,305.83)
09/03/2025 (3,950.00) (3,950.00)
09/08/2025 (11,250.00) (11,250.00)
09/10/2025 (6,500.00) (6,500.00)
09/11/2025 (24,250.00) (24,250.00)
09/16/2025 (8,000.00) (8,000.00)
09/17/2025 (10,000.00) (10,000.00)
09/18/2025 (10,750.00) (10,750.00)
09/19/2025 (31,875.00) (31,875.00)
09/22/2025 (11,250.00) (11,250.00)
09/23/2025 (8,750.00) (8,750.00)
09/24/2025 (9,750.00) (9,750.00)
09/29/2025 (1,323.29) (1,323.29)
09/30/2025 (57,332.88) (57,332.88)
WITHDRAWAL TOTAL (196,287.00) (196,287.00)
24 CITY OF LAGUNA BEACH AGG | SEPTEMBER 30, 2025
17 CUSIP DESCRIPTION POST DATE AMOUNT
39573LBZ0 GREENSTATE CREDI 1.050 10/15/26 10/01/2025 215.75 3133ETKN6 FED FARM CR BNKS 4.000 10/09/29 10/09/2025 16,666.67 3130APV77 FHLBANKS 1.500 12/10/26 '25 10/10/2025 2,500.00 14913UAR1 CTRPLLR FIN SERV 4.400 10/15/27 MTN 10/15/2025 33,000.00 3133ENBK5 FED FARM CR BNKS 1.140 10/20/26 '25 10/20/2025 5,700.00 3130ARPG0 FHLBANKS 4.000 04/28/27 '25 10/28/2025 20,000.00 3130ALXJ8 FHLBANKS 1.150 04/29/26 '25 10/29/2025 8,165.00 01882MAD4 ALLIANT CR UNIN 5.100 12/30/25 10/30/2025 1,047.95 OCT 2025 TOTAL 87,295.37
39573LBZ0 GREENSTATE CREDI 1.050 10/15/26 11/03/2025 222.95 31422XFP2 FARMER MAC 0.950 05/04/26 '23 MTN 11/04/2025 4,750.00 3130APV77 FHLBANKS 1.500 12/10/26 '25 11/10/2025 2,500.00 9128286T2 US TREASURY 2.375 05/15/29 11/17/2025 15,437.50 91282CND9 US TREASURY 3.750 05/15/28 11/17/2025 28,125.00 3130APL37 FHLBANKS 1.400 11/16/26 '25 11/17/2025 7,000.00 053015AG8 ADP 1.700 05/15/28 '28 11/17/2025 12,750.00
3133ENEM8 FED FARM CR BNKS 1.430 11/23/26 '25 11/24/2025 7,150.00 3130APQW8 FHLBANKS 1.500 11/24/26 '25 11/24/2025 7,500.00 3130APU78 FHLBANKS 1.300 11/24/26 '25 11/24/2025 6,500.00 31422XPE6 FARMER MAC 1.300 11/23/26 '24 MTN 11/24/2025 6,500.00 NOV 2025 TOTAL 98,435.45
91282CFZ9 US TREASURY 3.875 11/30/27 12/01/2025 32,937.50 91282CMA6 US TREASURY 4.125 11/30/29 12/01/2025 41,250.00 3134GXDM3 FREDDIE MAC 0.620 12/01/25 '25 MTN 12/01/2025 6,200.00 01882MAD4 ALLIANT CR UNIN 5.100 12/30/25 12/01/2025 1,082.88 39573LBZ0 GREENSTATE CREDI 1.050 10/15/26 12/01/2025 215.75 3133ENFN5 FED FARM CR BNKS 1.540 11/30/26 '25 12/01/2025 7,700.00 31422XHF2 FARMER MAC 0.925 06/10/26 '24 MTN 12/10/2025 4,625.00 Projected Income
For the Period October 01, 2025 to September 30, 2026
25 CITY OF LAGUNA BEACH AGG | SEPTEMBER 30, 2025
18 CUSIP DESCRIPTION POST DATE AMOUNT
3130APV77 FHLBANKS 1.500 12/10/26 '25 12/10/2025 2,500.00 3133ENHC7 FED FARM CR BNKS 1.600 12/14/26 '25 12/15/2025 16,000.00 437076BY7 HOME DEPOT 2.950 06/15/29 '29 12/15/2025 14,750.00 91282CNH0 US TREASURY 3.875 06/15/28 12/15/2025 33,906.25 3134GXFV1 FREDDIE MAC 0.625 12/17/25 '25 MTN 12/17/2025 3,125.00 3130APXD2 FHLBANKS 1.550 12/17/26 '25 12/17/2025 7,750.00 3130AKHR0 FHLBANKS 0.625 12/18/25 '25 12/18/2025 3,125.00 3135GA5R8 FANNIE MAE 0.625 12/18/25 '25 12/18/2025 3,125.00 31422XJM5 FARMER MAC 0.940 06/29/26 '24 MTN 12/29/2025 4,700.00 01882MAD4 ALLIANT CR UNIN 5.100 12/30/25 12/30/2025 1,047.95 3133EMP63 FED FARM CR BNKS 0.980 06/30/26 '25 12/30/2025 4,900.00 3134GXHL1 FREDDIE MAC 0.700 12/30/25 '25 MTN 12/30/2025 3,500.00 3130AMSS2 FHLBANKS 1.050 06/30/26 '25 12/30/2025 5,250.00 91282CNK3 US TREASURY 3.875 06/30/30 12/31/2025 31,000.00 91282CJR3 US TREASURY 3.750 12/31/28 12/31/2025 35,718.75 91282CGC9 US TREASURY 3.875 12/31/27 12/31/2025 31,968.75 DEC 2025 TOTAL 296,377.83
39573LBZ0 GREENSTATE CREDI 1.050 10/15/26 01/02/2026 222.95 562784AF5 MANHATTAN BEACH CALIF PENSI 1.186 01/01/26 01/02/2026 889.50 3130APV77 FHLBANKS 1.500 12/10/26 '25 01/12/2026 2,500.00 3130AQEW9 FHLBANKS 1.500 01/14/27 '25 01/14/2026 7,500.00 742651DY5 PEFCO 1.400 07/15/28 01/15/2026 8,750.00
478160CK8 JOHNSON&JOHNSON 2.900 01/15/28 '27 01/15/2026 21,750.00 24422EXH7 JOHN DEERE CAP 4.500 01/16/29 MTN 01/16/2026 22,500.00 3130AKQ74 FHLBANKS 0.625 01/22/26 '25 01/22/2026 6,250.00 46632FRU1 JPMORGAN CHASE BANK, N.A. 0.700 01/22/26 01/22/2026 3,500.00 3130AQJH7 FHLBANKS 1.750 01/28/27 '25 01/28/2026 4,375.00 3130AKRN8 FHLBANKS 0.650 01/28/26 '25 01/28/2026 6,500.00 Projected Income
For the Period October 01, 2025 to September 30, 2026
26 CITY OF LAGUNA BEACH AGG | SEPTEMBER 30, 2025
19 CUSIP DESCRIPTION POST DATE AMOUNT
3130AQHC0 FHLBANKS 1.650 01/28/27 '25 01/28/2026 8,250.00 3130AKPN0 FHLBANKS 0.600 01/29/26 '25 01/29/2026 6,000.00 JAN 2026 TOTAL 98,987.45
91282CMG3 US TREASURY 4.250 01/31/30 02/02/2026 42,500.00 39573LBZ0 GREENSTATE CREDI 1.050 10/15/26 02/02/2026 222.95 91282CLC3 US TREASURY 4.000 07/31/29 02/02/2026 20,000.00 91282CHQ7 US TREASURY 4.125 07/31/28 02/02/2026 41,250.00 037833EH9 APPLE 1.400 08/05/28 '28 02/05/2026 7,000.00
037833EB2 APPLE 0.700 02/08/26 '26 02/08/2026 1,176.00
48128UYQ6 JP MORGAN CHASE 0.550 02/09/26 '25 02/09/2026 693.15 037833EB2 APPLE 0.700 02/08/26 '26 02/09/2026 2,800.00
3130AQS79 FHLBANKS 2.250 08/07/26 02/09/2026 11,250.00
3130APV77 FHLBANKS 1.500 12/10/26 '25 02/10/2026 2,500.00 459058JS3 IBRD 0.650 02/10/26 '25 02/10/2026 3,250.00
30303M8S4 META PLATFORMS 4.300 08/15/29 '29 02/17/2026 21,500.00 3130AL2G8 FHLBANKS 0.600 02/18/26 '25 02/18/2026 3,000.00 3130AL7M0 FHLBANKS 0.625 02/24/26 '25 02/24/2026 3,125.00 3130AL7M0 FHLBANKS 0.625 02/24/26 '25 02/24/2026 1,350.00 3130AL5X8 FHLBANKS 0.650 02/24/26 '25 02/24/2026 6,500.00 3130ANNP1 FHLBANKS 1.100 08/24/26 '25 02/24/2026 5,500.00 3130ALCV4 FHLBANKS 0.750 02/24/26 '25 02/24/2026 7,500.00 3130ALD76 FHLBANKS 0.700 02/25/26 '25 02/25/2026 7,000.00 3130AQSM6 FHLBANKS 2.050 02/25/27 '25 02/25/2026 10,250.00 31422XBN1 FARMER MAC 0.690 02/25/26 '24 MTN 02/25/2026 3,450.00 3130AKZ25 FHLBANKS 0.650 02/26/26 '25 02/26/2026 3,250.00 FEB 2026 TOTAL 205,067.10
857477CU5 STATE STREET 4.536 02/28/28 '28 03/02/2026 34,020.00 39573LBZ0 GREENSTATE CREDI 1.050 10/15/26 03/02/2026 201.37 Projected Income
For the Period October 01, 2025 to September 30, 2026
27 CITY OF LAGUNA BEACH AGG | SEPTEMBER 30, 2025
20 CUSIP DESCRIPTION POST DATE AMOUNT
3133EMSH6 FED FARM CR BNKS 0.790 03/03/26 '25 03/03/2026 3,950.00 24422EVP1 JOHN DEERE CAP 1.500 03/06/28 MTN 03/06/2026 11,250.00 3133EMSU7 FED FARM CR BNKS 0.800 03/09/26 '25 03/09/2026 4,000.00 06048WL65 BOFAML 1.050 03/10/26 '25 MTN 03/10/2026 5,250.00 06048WL65 BOFAML 1.050 03/10/26 '25 MTN 03/10/2026 14,800.00 3130APV77 FHLBANKS 1.500 12/10/26 '25 03/10/2026 2,500.00 3130ALFS8 FHLBANKS 0.800 03/10/26 '25 03/10/2026 8,000.00 037833DP2 APPLE 2.200 09/11/29 '29 03/11/2026 11,000.00 3130ALDN1 FHLBANKS 0.800 03/16/26 '25 03/16/2026 8,000.00 3130ANRR3 FHLBANKS 1.000 09/17/26 '25 03/17/2026 10,000.00 3133ENSD3 FED FARM CR BNKS 2.150 03/18/26 '25 03/18/2026 10,750.00 88579YAV3 3M 2.250 09/19/26 '26 MTN 03/19/2026 11,250.00 713448ES3 PEPSICO 2.750 03/19/30 '29 03/19/2026 20,625.00 3130ALGC2 FHLBANKS 0.875 03/23/26 '25 03/23/2026 8,750.00 931142ES8 WALMART 1.500 09/22/28 '28 03/23/2026 11,250.00 3130ALGJ7 FHLBANKS 1.000 03/23/26 '25 03/23/2026 10,000.00 3130AP4X0 FHLBANKS 1.000 09/30/26 '25 03/30/2026 5,000.00 38149MA94 GOLDMAN BANK USA 1.050 09/29/26 03/30/2026 1,301.71 3130ANYN4 FHLBANKS 1.000 09/30/26 '25 03/30/2026 10,000.00 91282CKG5 US TREASURY 4.125 03/31/29 03/31/2026 41,250.00 MAR 2026 TOTAL 243,148.08
39573LBZ0 GREENSTATE CREDI 1.050 10/15/26 04/01/2026 222.95 3133ETKN6 FED FARM CR BNKS 4.000 10/09/29 04/09/2026 25,000.00 3130APV77 FHLBANKS 1.500 12/10/26 '25 04/10/2026 2,500.00 14913UAR1 CTRPLLR FIN SERV 4.400 10/15/27 MTN 04/15/2026 33,000.00 3133ENBK5 FED FARM CR BNKS 1.140 10/20/26 '25 04/20/2026 5,700.00 3130ARPG0 FHLBANKS 4.000 04/28/27 '25 04/28/2026 20,000.00 3130ALXJ8 FHLBANKS 1.150 04/29/26 '25 04/29/2026 8,165.00 Projected Income
For the Period October 01, 2025 to September 30, 2026
28 CITY OF LAGUNA BEACH AGG | SEPTEMBER 30, 2025
21 CUSIP DESCRIPTION POST DATE AMOUNT
APR 2026 TOTAL 94,587.95
39573LBZ0 GREENSTATE CREDI 1.050 10/15/26 05/01/2026 215.75 31422XFP2 FARMER MAC 0.950 05/04/26 '23 MTN 05/04/2026 4,750.00 3130APV77 FHLBANKS 1.500 12/10/26 '25 05/11/2026 2,500.00 9128286T2 US TREASURY 2.375 05/15/29 05/15/2026 15,437.50 91282CND9 US TREASURY 3.750 05/15/28 05/15/2026 28,125.00 053015AG8 ADP 1.700 05/15/28 '28 05/15/2026 12,750.00
3130APL37 FHLBANKS 1.400 11/16/26 '25 05/18/2026 7,000.00 3130APQW8 FHLBANKS 1.500 11/24/26 '25 05/26/2026 7,500.00 3130APU78 FHLBANKS 1.300 11/24/26 '25 05/26/2026 6,500.00 31422XPE6 FARMER MAC 1.300 11/23/26 '24 MTN 05/26/2026 6,500.00 3133ENEM8 FED FARM CR BNKS 1.430 11/23/26 '25 05/26/2026 7,150.00 MAY 2026 TOTAL 98,428.25
39573LBZ0 GREENSTATE CREDI 1.050 10/15/26 06/01/2026 222.95 3133ENFN5 FED FARM CR BNKS 1.540 11/30/26 '25 06/01/2026 7,700.00 91282CFZ9 US TREASURY 3.875 11/30/27 06/01/2026 32,937.50 91282CMA6 US TREASURY 4.125 11/30/29 06/01/2026 41,250.00 31422XHF2 FARMER MAC 0.925 06/10/26 '24 MTN 06/10/2026 4,625.00 3130APV77 FHLBANKS 1.500 12/10/26 '25 06/10/2026 2,500.00 437076BY7 HOME DEPOT 2.950 06/15/29 '29 06/15/2026 14,750.00 91282CNH0 US TREASURY 3.875 06/15/28 06/15/2026 33,906.25 3133ENHC7 FED FARM CR BNKS 1.600 12/14/26 '25 06/15/2026 16,000.00 3130APXD2 FHLBANKS 1.550 12/17/26 '25 06/17/2026 7,750.00 31422XJM5 FARMER MAC 0.940 06/29/26 '24 MTN 06/29/2026 16,590.00 31422XJM5 FARMER MAC 0.940 06/29/26 '24 MTN 06/29/2026 4,700.00 3133EMP63 FED FARM CR BNKS 0.980 06/30/26 '25 06/30/2026 4,900.00 91282CNK3 US TREASURY 3.875 06/30/30 06/30/2026 31,000.00 3133EMP63 FED FARM CR BNKS 0.980 06/30/26 '25 06/30/2026 750.00 Projected Income
For the Period October 01, 2025 to September 30, 2026
29 CITY OF LAGUNA BEACH AGG | SEPTEMBER 30, 2025
22 CUSIP DESCRIPTION POST DATE AMOUNT
91282CJR3 US TREASURY 3.750 12/31/28 06/30/2026 35,718.75 3130AMSS2 FHLBANKS 1.050 06/30/26 '25 06/30/2026 5,250.00 91282CGC9 US TREASURY 3.875 12/31/27 06/30/2026 31,968.75 JUN 2026 TOTAL 292,519.20
39573LBZ0 GREENSTATE CREDI 1.050 10/15/26 07/01/2026 215.75 3130APV77 FHLBANKS 1.500 12/10/26 '25 07/10/2026 2,500.00 3130AQEW9 FHLBANKS 1.500 01/14/27 '25 07/14/2026 7,500.00 478160CK8 JOHNSON&JOHNSON 2.900 01/15/28 '27 07/15/2026 21,750.00 742651DY5 PEFCO 1.400 07/15/28 07/15/2026 8,750.00
24422EXH7 JOHN DEERE CAP 4.500 01/16/29 MTN 07/16/2026 22,500.00 3130AQJH7 FHLBANKS 1.750 01/28/27 '25 07/28/2026 4,375.00 3130AQHC0 FHLBANKS 1.650 01/28/27 '25 07/28/2026 8,250.00 91282CMG3 US TREASURY 4.250 01/31/30 07/31/2026 42,500.00 91282CLC3 US TREASURY 4.000 07/31/29 07/31/2026 20,000.00 91282CHQ7 US TREASURY 4.125 07/31/28 07/31/2026 41,250.00 JUL 2026 TOTAL 179,590.75
39573LBZ0 GREENSTATE CREDI 1.050 10/15/26 08/03/2026 222.95 037833EH9 APPLE 1.400 08/05/28 '28 08/05/2026 7,000.00
3130AQS79 FHLBANKS 2.250 08/07/26 08/07/2026 11,250.00
3130APV77 FHLBANKS 1.500 12/10/26 '25 08/10/2026 2,500.00 30303M8S4 META PLATFORMS 4.300 08/15/29 '29 08/17/2026 21,500.00 3130ANNP1 FHLBANKS 1.100 08/24/26 '25 08/24/2026 5,500.00 3130AQSM6 FHLBANKS 2.050 02/25/27 '25 08/25/2026 10,250.00 857477CU5 STATE STREET 4.536 02/28/28 '28 08/28/2026 34,020.00 AUG 2026 TOTAL 92,242.95
39573LBZ0 GREENSTATE CREDI 1.050 10/15/26 09/01/2026 222.95 24422EVP1 JOHN DEERE CAP 1.500 03/06/28 MTN 09/08/2026 11,250.00 3130APV77 FHLBANKS 1.500 12/10/26 '25 09/10/2026 2,500.00 Projected Income
For the Period October 01, 2025 to September 30, 2026
30 CITY OF LAGUNA BEACH AGG | SEPTEMBER 30, 2025
23 CUSIP DESCRIPTION POST DATE AMOUNT
037833DP2 APPLE 2.200 09/11/29 '29 09/11/2026 11,000.00 3130ANRR3 FHLBANKS 1.000 09/17/26 '25 09/17/2026 10,000.00 88579YAV3 3M 2.250 09/19/26 '26 MTN 09/19/2026 27,060.00 88579YAV3 3M 2.250 09/19/26 '26 MTN 09/21/2026 11,250.00 713448ES3 PEPSICO 2.750 03/19/30 '29 09/21/2026 20,625.00 931142ES8 WALMART 1.500 09/22/28 '28 09/22/2026 11,250.00 38149MA94 GOLDMAN BANK USA 1.050 09/29/26 09/29/2026 1,323.29 91282CKG5 US TREASURY 4.125 03/31/29 09/30/2026 41,250.00 3130ANYN4 FHLBANKS 1.000 09/30/26 '25 09/30/2026 10,000.00 3130AP4X0 FHLBANKS 1.000 09/30/26 '25 09/30/2026 5,000.00 SEP 2026 TOTAL 162,731.23
3130AKBX3 FHLBANKS 0.520 10/15/25 '25 10/15/2025 5,200.00 3130AKBX3 FHLBANKS 0.520 10/15/25 '25 10/15/2025 1,500.00 3133EMEC2 FED FARM CR BNKS 0.530 10/22/25 '25 10/22/2025 5,300.00 3133EMEC2 FED FARM CR BNKS 0.530 10/22/25 '25 10/22/2025 1,500.00 459058JL8 IBRD 0.500 10/28/25 MTN 10/28/2025 2,500.00
459058JL8 IBRD 0.500 10/28/25 MTN 10/28/2025 1,130.00
OCT 2025 TOTAL 17,130.00
3134GXAP9 FREDDIE MAC 0.600 11/12/25 '25 MTN 11/12/2025 3,000.00 3135GA3Z2 FANNIE MAE 0.600 11/25/25 11/25/2025 6,000.00 3134GXCS1 FREDDIE MAC 0.625 11/25/25 MTN 11/25/2025 6,250.00 3134GXFA7 FREDDIE MAC 0.650 11/26/25 '25 MTN 11/26/2025 6,500.00 NOV 2025 TOTAL 21,750.00
GRAND TOTAL 1,988,291.58
Projected Income
For the Period October 01, 2025 to September 30, 2026
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Disclosure
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