Attachment 1 - Investment Report June 30, 2023 — Manteca City Council, August 15, 2023

Investment Performance Review
For the Quarter Ended June 30, 2023
Client Management Team PFM Asset Management LLC
Monique Spyke, Managing Director
Allison Kaune, Senior Analyst
213 Market Street
Harrisburg, PA 17101-2141
717-232-2723
1 California Street Ste. 1000
San Francisco, CA 94111-5411
415-393-7270
NOT FDIC INSURED : NO BANK GUARANTEE : MAY LOSE VALUE
For Institutional Investor or Investment Professional Use Only - This material is not for inspection by, distribution to, or quotation to the general public

CITY OF MANTECA

ATTACHMENT
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Market Summary

ATTACHMENT
1 For the Quarter Ended June 30, 2023
QUARTERLY MARKET SUMMARY Fixed Income Management
Summary
► In Q2, U.S. economic conditions were characterized by a myriad of financial headlines: (1) investors contended with ongoing recession risks; (2) regional bank concerns; (3) the Federal Reserve’s (Fed) historic pace of interest rate hikes; (4) stubbornly high inflation; and (5) a debt ceiling impasse in Washington. ► President Biden signed the bi-partisan debt ceiling bill, avoiding a much-publicized potential default and allowing the U.S. Treasury to fund its obligations. The bill suspends the debt ceiling until January 1, 2025 and included some spending cuts. ► U.S. inflation, as measured by the consumer price index (CPI), has fallen from 6.5% year-over-year (YoY) at the beginning of the year to just 3.0% as of June as monthly gains have moderated. Prices for energy, used cars and airlines fares have shown sharp declines over the past year. But, Core CPI, excluding food and energy prices, remained elevated at 4.8% YoY due to elevated prices for shelter, food, and medical services.
► The Fed followed up the two 25 basis point (bps) hikes in Q1 with one more 25 bp hike at the May meeting, bringing the overnight rate to a target range of 5% to 5.25%.

At the June FOMC meeting, the Fed paused hiking, breaking the string of consecutive meetings with an increase at 10. The “hawkish pause” was accompanied by new Fed projections (the so called “dot plot”) which indicated the expectation for two more 25 bp rate hikes in the remaining part of calendar year 2023, underscoring the Fed’s vigilance in fighting inflationary pressures.

Economic Snapshot
► Real gross domestic product (GDP) increased at an annual rate of 2.0% in the first quarter of 2023. The growth rate reflected increases in consumer spending, exports, government spending, and business fixed investment that were partly offset by decreases in private inventories and residential housing. Future growth expectations have been continually increased, with the median forecast reported by a Bloomberg survey of economists standing at 2.0% for Q2 as well.
► The U.S. labor market remained strong and tight in Q2. Over the second quarter, the U.S. economy added 732,000 new jobs. Although the pace of job gains has trended lower over the past two years, job creation remains elevated compared to prepandemic levels. The unemployment rate closed the quarter at 3.6%, very near its 50- year low of 3.4% reached in April. But, the strength of the labor market has moderated slightly, as weekly unemployment claims have risen, the number of job openings has fallen from record highs, and the labor force participation rate reached a post-pandemic high of 62.6%. Wage growth, measured by average hourly earnings, remains elevated at 4.4% YoY.
► On the consumer front, personal consumption continued to grow, durable goods were strong, consumer credit reached record levels and consumer confidence hit an 18-month high. Spending on merchandise dropped while outlays for services increased, underscoring the importance that the services sector has carried for economic growth over the past several quarters.
► In the housing sector, mortgage rates have been above 6% for the entire year, maintaining pressure on homebuyers. Homeowners appear reluctant to give up below-market mortgage rates, resulting in low sales inventory. As a result, existing home sales remain historically low, while new home sales to their highest level in more than a year.

Interest Rates
► U.S. Treasury yields jumped across the yield curve in the second quarter, as economic data came in stronger than expected, and markets capitulated to the Fed’s “higher-for-longer” trajectory for short term rates. Increases in the yield curve were led by the 2-year U.S. Treasury note, which finished the quarter at 4.90%, up 87 bps from

4.03% on March 31.
► While yields of all tenors increased, the U.S. Treasury yield curve remains steeply inverted. The difference between the yield on the U.S. Treasury 2-year (4.90%) and 10-year note (3.84%) ended the quarter at over 100 bps (1.00%), marking one of the deepest levels of curve inversion in over 40 years.
► As a result of higher yields across the board, fixed income indices posted negative total returns in Q2. The ICE BofA 2-, 5-, and 10-year U.S. Treasury indices returned -0.92%, -1.68%, and -1.93%, respectively.

Sector Performance
► Diversification away from U.S. Treasury securities was strongly additive to fixedincome performance during the second quarter as yield spreads across most sectors tightened. Although investors began the quarter with heightened concern about market volatility, recent bank failures, credit conditions and the looming debt ceiling impasse, sentiment eased during the quarter. That move to a more “risk on” mentality resulted in strong relative performance from spread sectors, like corporate, asset-backed and mortgage-backed securities.
► Federal agency spreads tightened as net issuance slowed. Agency discount notes found increased utility during Q2 as a replacement for U.S. Treasury bills during the height of the debt ceiling uncertainty. In longer maturities, both callable and noncallable agencies generated similar positive excess returns. ► Investment-grade (IG) corporate spreads continued to retrace from their banking crisis wides but remain above longer-term averages. As spreads narrowed, the IG curve flattened resulting in longer durations performing better on a relative basis, as did lower quality issues. Although the spread between financials and industrials remains well above longer-term averages, financials outperformed in Q2 as their retracement from banking crisis wides was more significant.
► Asset-backed security (ABS) yield spreads also continued to retrace from midMarch wides, but not to the extent in corporates. Like IG credit, ABS was a positive contributor to performance during the quarter and excess returns were similar across both auto and credit card collateral.
► Mortgage-back security (MBS) whipsawed in Q2 as a steep tightening of spreads through the second half of the quarter more than offset the widening through April. As a result, the sector broadly generated quite attractive excess returns for the quarter, with 30-year collateral outperforming 15-year terms. Strong returns were driven in part by lighter supply due to a decline in existing home sales and refinancings.

PFM Asset Management LLC | For Institutional Investor or Investment Professional Use Only – This material is not for inspection by, distribution to, or quotation to the general public. 1 ATTACHMENT 1
For the Quarter Ended June 30, 2023
QUARTERLY MARKET SUMMARY Fixed Income Management
Economic Snapshot
Labor Market Mar '23 Jun '22
Unemployment Rate Jun '23 3.6% 3.5% 3.6%
Change In Non-Farm Payrolls Jun '23 209,000 217,000 370,000 Average Hourly Earnings (YoY) Jun '23 4.4% 4.3% 5.4%
Personal Income (YoY) May '23 5.5% 5.5% 4.3%
Initial Jobless Claims (week) 7/1/23 248,000 228,000 213,000 Growth
Real GDP (QoQ SAAR) 2023Q1 2.0% 2.6% -1.6%
GDP Personal Consumption (QoQ SAAR) 2023Q1 4.2% 1.0% 1.3% Retail Sales (YoY) May '23 1.6% 2.2% 9.3%
ISM Manufacturing Survey (month) Jun '23 46.0 46.3 53.1 Existing Home Sales SAAR (month) May '23 4.30 mil. 4.43 mil. 5.13 mil.

Inflation / Prices
Personal Consumption Expenditures (YoY) May '23 3.8% 4.2% 7.0% Consumer Price Index (YoY) May '23 4.0% 5.0% 9.1%
Consumer Price Index Core (YoY) May '23 5.3% 5.6% 5.9%
Crude Oil Futures (WTI, per barrel) Jun 30 $70.64 $75.67 $105.76 Gold Futures (oz.) Jun 30 $1,929 $1,969 $1,807
Latest
-1,000K
0 1,000K
2,000K
3,000K
4,000K
5,000K

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%
Jun '20 Dec '20 Jun '21 Dec '21 Jun '22 Dec '22 Jun '23 Unemployment Rate (left) vs. Change in Nonfarm Payrolls (right) Change In Non-Farm Payrolls Unemployment Rate
-40%
-30%
-20%
-10%
0%
10%
20%
30%
40%
Mar '20 Sep '20 Mar '21 Sep '21 Mar '22 Sep '22 Mar '23 Real GDP (QoQ)
0%
1%
2%
3%
4%
5%
6%
7%
8%
9%
10%
Jun '20 Dec '20 Jun '21 Dec '21 Jun '22 Dec '22
Consumer Price Index
CPI (YoY) Core CPI (YoY)
2 2
1 1

1. Data as of Fourth Quarter 2022.

2. Data as of First Quarter 2022.

Note: YoY = year-over-year, QoQ = quarter-over-quarter, SAAR = seasonally adjusted annual rate, WTI = West Texas Intermediate crude oil.

Source: Bloomberg.

Interest Rate Overview
U.S. Treasury Note Yields U.S. Treasury Yield Curve
U.S. Treasury Yields Yield Curves as of 06/30/2023
0%
1%
2%
3%
4%
5%
6%
3-mo1-yr2-yr3-yr5-yr7-yr10-yr20-yr30-yr
Yield
Maturity
June 30, 2023 March 31, 2023 June 30, 2022
0%
1%
2%
3%
4%
5%
6%
3-mo1-yr2-yr3-yr5-yr07-yr10-yr25-yr30-yr
Yield
Maturity
U.S. Treasury Federal Agency Corporates, A Rated

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%
6/30/22 9/30/22 12/31/22 3/31/23 6/30/23
Yield
2-Year 5-Year 10-Year
Maturity Jun '23 Mar '23 Change over
Quarter
Jun '22 Change over
Year
3-Month 5.30% 4.75% 0.55% 1.67% 3.63%
1-Year 5.42% 4.62% 0.80% 2.78% 2.64%
2-Year 4.90% 4.03% 0.87% 2.96% 1.94%
5-Year 4.16% 3.58% 0.58% 3.04% 1.12%
10-Year 3.84% 3.47% 0.37% 3.02% 0.82%
30-Year 3.86% 3.65% 0.21% 3.19% 0.67%
PFM Asset Management LLC | For Institutional Investor or Investment Professional Use Only – This material is not for inspection by, distribution to, or quotation to the general public. 3 ATTACHMENT 1
For the Quarter Ended June 30, 2023
QUARTERLY MARKET SUMMARY Fixed Income Management
June 30, 2023 Duration Yield 3 Month 1 Year 3 Years
1-3 Year Indices
U.S. Treasury 1.82 4.98% (0.57%) 0.13% (1.05%)
Federal Agency 1.70 5.11% (0.28%) 0.35% (0.87%)
U.S. Corporates, A-AAA rated 1.87 5.62% 0.12% 1.27% (0.48%) Agency MBS (0 to 3 years) 1.99 5.32% (0.18%) (0.07%) (1.95%) Taxable Municipals 1.77 5.30% (0.39%) 0.11% 0.53%
1-5 Year Indices
U.S. Treasury 2.57 4.71% (0.86%) (0.43%) (1.79%)
Federal Agency 2.04 4.99% (0.39%) (0.05%) (1.49%)
U.S. Corporates, A-AAA rated 2.62 5.47% (0.05%) 1.20% (1.14%) Agency MBS (0 to 5 years) 3.10 5.09% (0.44%) (0.62%) (2.39%) Taxable Municipals 2.60 5.12% (0.54%) 0.08% (0.45%)
Master Indices (Maturities 1 Year or Greater)
U.S. Treasury 6.46 4.36% (1.41%) (2.47%) (4.97%)
Federal Agency 3.36 4.81% (0.43%) (0.61%) (2.53%)
U.S. Corporates, A-AAA rated 7.02 5.30% (0.42%) 0.44% (3.89%) Agency MBS (0 to 30 years) 5.62 4.78% (0.53%) (1.56%) (3.77%) Taxable Municipals 9.28 5.02% (0.40%) (0.61%) (4.24%)
Source: ICE BofAML Indices.

As of 06/30/2023 Returns for Periods ended 06/30/2023
Returns for periods greater than one year are annualized.

PFM Asset Management LLC | For Institutional Investor or Investment Professional Use Only – This material is not for inspection by, distribution to, or quotation to the general public.

ICE BofAML Index Returns
4 ATTACHMENT 1
For the Quarter Ended June 30, 2023
QUARTERLY MARKET SUMMARY Fixed Income Management
Disclosures
PFM Asset Management LLC (“PFMAM”) is an investment adviser registered with the U.S. Securities and Exchange Commission and a subsidiary of U.S. Bancorp Asset Management, Inc. (“USBAM”). USBAM is a subsidiary of U.S. Bank National Association (“U.S. Bank”). U.S. Bank is a separate entity and subsidiary of U.S. Bancorp. U.S.

Bank is not responsible for and does not guarantee the products, services or performance of PFMAM.

The views expressed within this material constitute the perspective and judgment of PFM Asset Management LLC at the time of distribution and are subject to change.

Information is obtained from sources generally believed to be reliable and available to the public; however, PFM Asset Management LLC cannot guarantee its accuracy, completeness, or suitability. The information contained in this report is not an offer to purchase or sell any securities.

NOT FDIC INSURED : NO BANK GUARANTEE : MAY LOSE VALUE
Further distribution is not permitted without prior written consent.

CITY OF MANTECA

ATTACHMENT
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CITY OF MANTECA
For the Quarter Ended June 30, 2023
Compliance
|
Note: Pre- and post-trade compliance for the account(s) managed by PFM Asset Management is provided via Bloomberg Asset and Investment Management ("AIM").

Certificate of Compliance
During the reporting period for the quarter ended June 30, 2023, the account(s) managed by PFM Asset Management ("PFMAM")were in compliance with the applicable investment policy and guidelines as furnished to PFMAM.

Acknowledged : PFM Asset Management LLC
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CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Snapshot
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Yield and duration calculations exclude cash and cash equivalents. Sector allocation includes market values and accrued interest.The portfolio’s benchmark is the ICE BofA 1-3 Year U.S. Treasury Index. Source: Bloomberg.

An average of each security’s credit rating was assigned a numeric value and adjusted for its relative weighting in the portfolio.

1. Portfolio Snapshot - CITY OF MANTECA¹
Credit Quality - S&P
13%
54%
31%
1%
7%
58%
35%
0%
20%40%60%
0-1 Yr 1-2 Yrs 2-3 Yrs 3-4 Yrs
Portfolio Benchmark
Duration Distribution
U.S. Treasury | 39%Corporate | 28%
ABS | 19%Agency CMBS | 9%
Negotiable CD | 3%Municipal | 2%Supranational | 1%
Sector Allocation
AAA | 16%AA+ | 48%AA | 3%AA- | 6%A+ | 4%A | 8%A- | 7%
BBB+ | 2%Not Rated | 5%
Portfolio Statistics
Portfolio Effective Duration 1.73 years
Benchmark Effective Duration 1.75 yearsPortfolio Credit Quality AA Yield At Market 4.85%
Yield At Cost 2.97%
Total Market Value $146,315,709.26
Securities Sub-Total $145,458,502.09Cash $14,108.08
Accrued Interest $843,099.09
8 ATTACHMENT
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CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Summary
|
Ratings shown are calculated by assigning a numeral value to each security rating, then calculating a weighted average rating for each security type / issuer category using all available security ratings,excluding Not-Rated (NR) ratings. For security type / issuer categories where a rating from the applicable NRSRO is not available, a rating of NR is assigned. Includes accrued interest and excludes balancesinvested in overnight funds.

Issuer Diversification
Security Type / Issuer Market Value (%) S&P / Moody's / FitchU.S. Treasury 38.7% UNITED STATES TREASURY 38.7% AA / Aaa / AAA
Agency CMBS 9.2%
FANNIE MAE 0.5% AA / Aaa / AAAFREDDIE MAC 8.7% AA / Aaa / AAA Supranational 0.9%
INTER-AMERICAN DEVELOPMENT BANK 0.9% AAA / Aaa / AAA
Municipal 1.9%

CALIFORNIA DEPARTMENT OF WATERRESOURCES

0.1% AAA / Aa / NR
CALIFORNIA STATE UNIVERSITY 0.3% AA / Aa / NRCommonwealth of Massachusetts 0.5% NR / Aa / AAAFLORIDA STATE BOARD OF ADMIN FIN CORP 0.3% AA / Aa / AANEW JERSEY TURNPIKE AUTHORITY 0.2% AA / A / ANEW YORK ST URBAN DEVELOPMENT CORP 0.6% NR / NR / AA Negotiable CD 2.7%
CREDIT AGRICOLE SA 0.8% A / Aa / AANORDEA BANK ABP 1.0% AA / Aa / AATORONTO-DOMINION BANK 1.0% A / A / NR Corporate 27.7%
AMAZON.COM INC 1.0% AA / A / AAAMERICAN EXPRESS CO 0.6% BBB / A / AAMERICAN HONDA FINANCE 0.5% A / A / AANZ BANKING GROUP LTD 0.4% AA / Aa / AASTRAZENECA PLC 0.5% A / A / A BANK OF AMERICA CO 1.0% A / A / AA
BMW FINANCIAL SERVICES NA LLC 0.4% A / A / NR
Security Type / Issuer Market Value (%) S&P / Moody's / FitchCorporate 27.7% CATERPILLAR INC 0.8% A / A / ACHARLES SCHWAB 0.3% A / A / ACINTAS CORPORATION NO. 2 0.2% A / A / NRCITIGROUP INC 0.7% BBB / A / ACOLGATE-PALMOLIVE COMPANY 0.4% AA / Aa / NRCOMCAST CORP 0.1% A / A / ACOMMONWEALTH BANK OF AUSTRALIA 1.2% AA / Aa / A DEERE & COMPANY 0.6% A / A / AEXXON MOBIL CORP 0.7% AA / Aa / NRGOLDMAN SACHS GROUP INC 0.3% BBB / A / AHOME DEPOT INC 0.2% A / A / AHONEYWELL INTERNATIONAL 0.4% A / A / AHSBC HOLDINGS PLC 0.7% A / A / AIBM CORP 0.7% A / A / NRINTEL CORPORATION 0.5% A / A / AJP MORGAN CHASE & CO 1.2% A / A / AA LOCKHEED MARTIN CORP 0.2% A / A / AMORGAN STANLEY 0.7% A / A / ANATIONAL AUSTRALIA BANK LTD 1.2% AA / Aa / NRNATIONAL RURAL UTILITIES CO FINANCECORP

0.6% A / A / A
NESTLE SA 1.1% AA / Aa / A
PACCAR FINANCIAL CORP 0.7% A / A / NR
PEPSICO INC 0.7% A / A / NRPNC FINANCIAL SERVICES GROUP 0.4% A / A / APRAXAIR INC 0.7% A / A / NRRABOBANK NEDERLAND 0.7% A / Aa / AA 9 ATTACHMENT
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Issuer Diversification
Security Type / Issuer Market Value (%) S&P / Moody's / FitchCorporate 27.7% Roche Holding AG 1.2% AA / Aa / AASTATE STREET CORPORATION 1.0% A / A / AATARGET CORP 0.3% A / A / ATEXAS INSTRUMENTS INC 0.1% A / Aa / NR

THE BANK OF NEW YORK MELLONCORPORATION

1.4% A / A / AA
TOYOTA MOTOR CORP 0.7% A / A / ATRUIST FIN CORP 0.6% A / A / AUNILEVER PLC 0.2% A / A / AUNITEDHEALTH GROUP INC 0.4% A / A / AUSAA CAPITAL CORP 0.4% AA / Aa / NRWAL-MART STORES INC 0.5% AA / Aa / AAWELLS FARGO & COMPANY 0.4% BBB / A / A ABS 18.8%
ALLY AUTO RECEIVABLES TRUST 0.8% AAA / Aaa / NRAMERICAN EXPRESS CO 1.0% AAA / NR / AAA BANK OF AMERICA CO 0.2% AAA / NR / AAABMW VEHICLE OWNER TRUST 0.3% AAA / Aaa / AAACAPITAL ONE FINANCIAL CORP 2.4% AAA / Aaa / AAACARMAX AUTO OWNER TRUST 2.5% AAA / Aaa / AAADISCOVER FINANCIAL SERVICES 1.2% AAA / Aaa / AAAFORD CREDIT AUTO OWNER TRUST 0.6% AAA / NR / AAAGM FINANCIAL CONSUMER AUTOMOBILETRUST

1.4% AAA / Aaa / AAA
GM FINANCIAL LEASINGTRUST 0.0% AAA / NR / AAAHARLEY-DAVIDSON MOTORCYCLE TRUST 0.9% AAA / Aaa / AAAHONDA AUTO RECEIVABLES 0.8% AAA / Aaa / AAA Security Type / Issuer Market Value (%) S&P / Moody's / FitchABS 18.8% HYUNDAI AUTO RECEIVABLES 1.2% AAA / NR / AAAKUBOTA CREDIT OWNER TRUST 2.0% NR / Aaa / AAAMERCEDES-BENZ AUTO RECEIVABLES 1.0% AAA / Aaa / AAA NISSAN AUTO RECEIVABLES 0.3% AAA / Aaa / NR
Toyota Lease Owner Trust 0.0% AAA / Aaa / NRTOYOTA MOTOR CORP 1.3% AAA / Aaa / AAAVERIZON OWNER TRUST 0.1% NR / Aaa / AAA VOLKSWAGEN AUTO LEASE TURST 0.2% NR / Aaa / AAAVOLKSWAGEN OF AMERICA 0.4% AAA / Aaa / NRWORLD OMNI AUTO REC TRUST 0.4% AAA / NR / AAA Total 100.0%
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CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Activity
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Portfolio Activity
Net Activity by Sector
($ millions)
Federal Agency
Corporate
ABS
Agency CMBS
U.S. Treasury
Federal Agency
Corporate
ABS
Agency CMBS
U.S. Treasury
($15.0) ($10.0) ($5.0) $0.0 $5.0 $10.0 $15.0 $20.0
Based on total proceeds (principal and accrued interest) of buys, sells, maturities, and principal paydowns. Detail may not add to total due to rounding.

Sector Net ActivityU.S. Treasury $4,298,565
Agency CMBS $1,576,335ABS $1,472,726
Corporate $140,253Federal Agency ($6,383,034)Total Net Activity $1,104,845 Sales/Maturities Purchases
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CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Characteristics
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$0.0
$30.0$60.0$90.0
$120.0$150.0
Millions
June 2023
$0.0
$30.0$60.0$90.0
$120.0$150.0
Millions
March 2023
$0.0
$30.0$60.0$90.0
$120.0$150.0
Millions
December 2022
$0.0
$30.0$60.0$90.0
$120.0$150.0
Millions
September 2022
Sector Allocation Review
U.S. Treasury Federal Agency Agency CMBS Supranational Municipal Negotiable CD Corporate ABS Market values, excluding accrued interest. Only includes fixed-income securities held within the separately managed account(s) and LGIPs managed by PFMAM. Detail may not add to total due to rounding.

Security Type Sep-22 % of Total Dec-22 % of Total Mar-23 % of Total Jun-23 % of Total U.S. Treasury $51.8 36.3% $52.3 36.4% $52.6 36.1% $56.3 38.6%Federal Agency $15.2 10.7% $12.1 8.4% $6.3 4.4% $0.0 0.0% Agency CMBS $10.5 7.4% $10.3 7.2% $11.9 8.2% $13.4 9.2% Supranational $3.3 2.3% $1.4 0.9% $1.4 1.0% $1.4 0.9%Municipal $3.7 2.6% $3.1 2.2% $2.8 1.9% $2.8 2.0%Negotiable CD $2.2 1.5% $5.0 3.5% $3.9 2.7% $3.9 2.7%Corporate $31.8 22.3% $34.0 23.6% $40.3 27.7% $40.2 27.7% ABS $24.2 16.9% $25.6 17.8% $26.1 18.0% $27.5 18.9%
Total $142.8 100.0% $143.8 100.0% $145.4 100.0% $145.5 100.0% 12 ATTACHMENT
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CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Performance
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1. The lesser of 10 years or since inception is shown. Since inception returns for periods one year or less are not shown. Performance inception date is March 31, 2002.2. Interest earned calculated as the ending accrued interest less beginning accrued interest, plus net interest activity.3. Returns for periods one year or less are presented on a periodic basis. Returns for periods greater than one year are presented on an annualized basis.4. The portfolio’s benchmark is the ICE BofA 1-3 Year U.S. Treasury Index. Source: Bloomberg. -1.5%-1.0%-0.5%

0.0%0.5%1.0%1.5%
Return
Portfolio Benchmark Net of Fees
Portfolio Performance
Market Value Basis Earnings 3 Months 1 Year 3 Years 5 Years 10 YearsInterest Earned² $930,644 $2,838,405 $6,217,146 $13,038,372 $23,023,748Change in Market Value ($1,043,457) ($1,421,153) ($8,844,990) ($3,014,058) ($6,689,557) Total Dollar Return ($112,813) $1,417,252 ($2,627,844) $10,024,314 $16,334,191Total Return³ Portfolio -0.08% 0.98% -0.60% 1.31% 1.10%Benchmark⁴ -0.57% 0.13% -1.05% 0.95% 0.77%Basis Point Fee 0.03% 0.11% 0.11% 0.11% 0.11%Net of Fee Return -0.11% 0.87% -0.71% 1.20% 0.99% 3 Months 1 Year 3 Years 5 Years 10 Years
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CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Performance
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1. The lesser of 10 years or since inception is shown. Performance inception date is March 31, 2002.2. Interest earned calculated as the ending accrued interest less beginning accrued interest, plus net interest activity.3. Realized gains / (losses) are shown on an amortized cost basis.

Accrual Basis Earnings
Accrual Basis EarningsInterest Earned²Realized Gains / (Losses)³Change in Amortized CostTotal Earnings 3 Months
$930,644
($839,303)
$46,408
$137,748
1 Year
$2,838,405
($2,101,147)
$0
$737,258
3 Years
$6,217,146
($486,572)
($190,878)
$5,539,696
5 Year
$13,038,372
($260,389)
$20,991
$12,798,974
10 Year¹
$23,023,748
$6,014
($2,359,528)
$20,670,234
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Portfolio Holdings and Transactions

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CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Composition
|
Issuer Distribution
As of June 30, 2023
Issuer Market Value ($) % of Portfolio
UNITED STATES TREASURY 56,262,517 38.69%FREDDIE MAC 12,654,224 8.70%CARMAX AUTO OWNER TRUST 3,610,731 2.48%CAPITAL ONE FINANCIAL CORP 3,571,271 2.46%TOYOTA MOTOR CORP 2,895,223 1.99%KUBOTA CREDIT OWNER TRUST 2,858,865 1.97% AMERICAN EXPRESS CO 2,269,179 1.56%
THE BANK OF NEW YORK MELLON CORPORATION 2,021,329 1.39%GM FINANCIAL CONSUMER AUTOMOBILE TRUST 1,987,314 1.37%ROCHE HOLDING AG 1,792,086 1.23%NATIONAL AUSTRALIA BANK LTD 1,790,915 1.23%HYUNDAI AUTO RECEIVABLES 1,763,320 1.21%JP MORGAN CHASE & CO 1,737,664 1.19%DISCOVER FINANCIAL SERVICES 1,719,607 1.18%COMMONWEALTH BANK OF AUSTRALIA 1,713,480 1.18%BANK OF AMERICA CO 1,692,919 1.16%NESTLE SA 1,561,884 1.07%MERCEDES-BENZ AUTO RECEIVABLES 1,476,409 1.02% AMAZON.COM INC 1,429,374 0.98%
TORONTO-DOMINION BANK 1,424,037 0.98%STATE STREET CORPORATION 1,414,592 0.97%NORDEA BANK ABP 1,412,591 0.97%INTER-AMERICAN DEVELOPMENT BANK 1,371,199 0.94%HARLEY-DAVIDSON MOTORCYCLE TRUST 1,243,962 0.86% 16 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Composition
|
Issuer Market Value ($) % of PortfolioHONDA AUTO RECEIVABLES 1,185,088 0.81% ALLY AUTO RECEIVABLES TRUST 1,111,849 0.76%
CATERPILLAR INC 1,100,039 0.76%EXXON MOBIL CORP 1,075,257 0.74%CREDIT AGRICOLE SA 1,074,787 0.74%MORGAN STANLEY 1,068,286 0.73%PACCAR FINANCIAL CORP 1,065,173 0.73%PRAXAIR INC 1,057,004 0.73%HSBC HOLDINGS PLC 1,050,576 0.72%IBM CORP 1,040,957 0.72%PEPSICO INC 1,028,321 0.71%RABOBANK NEDERLAND 1,028,065 0.71%CITIGROUP INC 999,380 0.69%NEW YORK ST URBAN DEVELOPMENT CORP 940,846 0.65%FORD CREDIT AUTO OWNER TRUST 937,255 0.64%TRUIST FIN CORP 936,501 0.64%DEERE & COMPANY 894,208 0.61%NATIONAL RURAL UTILITIES CO FINANCE CORP 842,741 0.58%COMMONWEALTH OF MASSACHUSETTS 749,501 0.52%FANNIE MAE 731,839 0.50%WAL-MART STORES INC 709,942 0.49%INTEL CORPORATION 705,484 0.49% AMERICAN HONDA FINANCE 690,900 0.47%ASTRAZENECA PLC 665,805 0.46% UNITEDHEALTH GROUP INC 640,174 0.44%HONEYWELL INTERNATIONAL 630,105 0.43%BMW FINANCIAL SERVICES NA LLC 627,218 0.43% 17 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Composition
|
Issuer Market Value ($) % of PortfolioWELLS FARGO & COMPANY 611,638 0.42%COLGATE-PALMOLIVE COMPANY 606,869 0.42% ANZ BANKING GROUP LTD 592,956 0.41%
WORLD OMNI AUTO REC TRUST 584,241 0.40%PNC FINANCIAL SERVICES GROUP 553,958 0.38%USAA CAPITAL CORP 551,826 0.38%VOLKSWAGEN OF AMERICA 546,198 0.38%GOLDMAN SACHS GROUP INC 486,952 0.33%TARGET CORP 466,377 0.32%NISSAN AUTO RECEIVABLES 464,565 0.32%CHARLES SCHWAB 448,464 0.31%BMW VEHICLE OWNER TRUST 417,795 0.29%CALIFORNIA STATE UNIVERSITY 393,692 0.27%FLORIDA STATE BOARD OF ADMIN FIN CORP 365,979 0.25%CINTAS CORPORATION NO. 2 304,107 0.21%NEW JERSEY TURNPIKE AUTHORITY 286,002 0.20%HOME DEPOT INC 252,368 0.17%LOCKHEED MARTIN CORP 239,340 0.16%UNILEVER PLC 222,284 0.15%VOLKSWAGEN AUTO LEASE TURST 220,435 0.15%TEXAS INSTRUMENTS INC 153,682 0.11%COMCAST CORP 135,709 0.09%CALIFORNIA DEPARTMENT OF WATER RESOURCES 97,955 0.07%VERIZON OWNER TRUST 76,642 0.05%GM FINANCIAL LEASINGTRUST 65,160 0.04%TOYOTA LEASE OWNER TRUST 51,315 0.04% Grand Total 145,458,502 100.00%
18 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Holdings
|
Managed Account Detail of Securities Held
Security Type/DescriptionDated Date/Coupon/Maturity CUSIP Par S&P
Rating
Moody's
Rating
Settle
Date
Original
Cost
Trade
Date
YTM
at Cost
Accrued
Interest
Market
Value
Amortized
Cost
U.S. Treasury
US TREASURY N/B NOTESDTD 07/15/2021 0.375% 07/15/2024
91282CCL3 25,000.00 AA+ Aaa 8/4/2021 8/9/2021 25,027.34 0.34 43.25 25,009.70 23,742.19 US TREASURY N/B NOTESDTD 07/15/2021 0.375% 07/15/2024
91282CCL3 1,000,000.00 AA+ Aaa 8/10/2021 8/12/2021 998,164.06 0.44 1,729.97 999,346.76 949,687.50 US TREASURY N/B NOTESDTD 07/15/2021 0.375% 07/15/2024
91282CCL3 870,000.00 AA+ Aaa 8/5/2021 8/9/2021 869,898.05 0.38 1,505.08 869,963.83 826,228.12 US TREASURY N/B NOTESDTD 08/15/2021 0.375% 08/15/2024
91282CCT6 800,000.00 AA+ Aaa 8/23/2021 8/25/2021 798,531.25 0.44 1,127.07 799,444.15 756,875.04 US TREASURY N/B NOTESDTD 08/15/2021 0.375% 08/15/2024
91282CCT6 3,000,000.00 AA+ Aaa 9/1/2021 9/7/2021 2,996,718.75 0.41 4,226.52 2,998,743.16 2,838,281.40 US TREASURY N/B NOTESDTD 09/15/2021 0.375% 09/15/2024
91282CCX7 1,500,000.00 AA+ Aaa 10/4/2021 10/6/2021 1,494,082.03 0.51 1,650.82 1,497,566.75 1,413,750.00 US TREASURY N/B NOTESDTD 09/15/2021 0.375% 09/15/2024
91282CCX7 1,500,000.00 AA+ Aaa 10/7/2021 10/13/2021 1,491,855.47 0.56 1,650.82 1,496,629.32 1,413,750.00 US TREASURY N/B NOTESDTD 10/15/2021 0.625% 10/15/2024
91282CDB4 1,500,000.00 AA+ Aaa 10/13/2021 10/18/2021 1,499,238.28 0.64 1,972.34 1,499,671.06 1,413,046.80 US TREASURY N/B NOTESDTD 10/15/2021 0.625% 10/15/2024
91282CDB4 1,500,000.00 AA+ Aaa 11/1/2021 11/4/2021 1,492,617.19 0.79 1,972.34 1,496,761.44 1,413,046.80 US TREASURY NOTESDTD 10/31/2019 1.500% 10/31/2024
912828YM6 1,800,000.00 AA+ Aaa 5/4/2021 5/6/2021 1,865,460.94 0.45 4,548.91 1,825,074.52 1,712,531.16 US TREASURY N/B NOTESDTD 11/15/2021 0.750% 11/15/2024
91282CDH1 1,700,000.00 AA+ Aaa 12/2/2021 12/7/2021 1,692,097.66 0.91 1,628.40 1,696,299.00 1,598,796.96 US TREASURY NOTESDTD 11/30/2019 1.500% 11/30/2024
912828YV6 1,450,000.00 AA+ Aaa 6/2/2021 6/7/2021 1,503,695.31 0.43 1,842.21 1,471,866.49 1,376,593.75 US TREASURY NOTESDTD 11/30/2019 1.500% 11/30/2024
912828YV6 1,500,000.00 AA+ Aaa 6/3/2021 6/8/2021 1,553,847.66 0.46 1,905.74 1,521,945.78 1,424,062.50 US TREASURY N/B NOTESDTD 12/15/2021 1.000% 12/15/2024
91282CDN8 1,450,000.00 AA+ Aaa 1/3/2022 1/6/2022 1,448,923.83 1.03 633.88 1,449,465.92 1,364,586.01 US TREASURY N/B NOTESDTD 12/15/2021 1.000% 12/15/2024
91282CDN8 700,000.00 AA+ Aaa 12/22/2021 12/27/2021 700,902.34 0.96 306.01 700,443.68 658,765.66 19 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Holdings
|
Security Type/DescriptionDated Date/Coupon/Maturity CUSIP Par S&P
Rating
Moody's
Rating
Settle
Date
Original
Cost
Trade
Date
YTM
at Cost
Accrued
Interest
Market
Value
Amortized
Cost
U.S. Treasury
US TREASURY N/B NOTESDTD 01/15/2022 1.125% 01/15/2025
91282CDS7 750,000.00 AA+ Aaa 2/4/2022 2/7/2022 743,496.09 1.43 3,892.44 746,581.36 705,234.38 US TREASURY N/B NOTESDTD 02/15/2022 1.500% 02/15/2025
91282CDZ1 2,225,000.00 AA+ Aaa 2/11/2022 2/15/2022 2,204,140.63 1.82 12,538.67 2,213,675.80 2,100,191.30 US TREASURY NOTESDTD 04/30/2018 2.875% 04/30/2025
9128284M9 1,450,000.00 AA+ Aaa 5/4/2022 5/5/2022 1,444,845.70 3.00 7,023.44 1,446,839.39 1,396,078.13 US TREASURY N/B NOTESDTD 05/15/2022 2.750% 05/15/2025
91282CEQ0 3,250,000.00 AA+ Aaa 6/1/2022 6/6/2022 3,240,097.66 2.86 11,414.74 3,243,693.48 3,121,523.60 US TREASURY N/B NOTESDTD 05/31/2023 4.250% 05/31/2025
91282CHD6 1,250,000.00 AA+ Aaa 6/28/2023 6/30/2023 1,238,037.11 4.78 4,499.66 1,238,054.18 1,234,375.00 US TREASURY N/B NOTESDTD 06/15/2022 2.875% 06/15/2025
91282CEU1 1,450,000.00 AA+ Aaa 7/6/2022 7/11/2022 1,448,130.86 2.92 1,822.40 1,448,751.00 1,394,718.75 US TREASURY N/B NOTESDTD 07/15/2022 3.000% 07/15/2025
91282CEY3 1,475,000.00 AA+ Aaa 8/3/2022 8/8/2022 1,472,522.46 3.06 20,413.67 1,473,278.20 1,421,531.25 US TREASURY N/B NOTESDTD 11/15/2022 4.500% 11/15/2025
91282CFW6 1,425,000.00 AA+ Aaa 12/5/2022 12/8/2022 1,439,083.01 4.14 8,189.88 1,436,392.41 1,417,652.42 US TREASURY N/B NOTESDTD 11/15/2022 4.500% 11/15/2025
91282CFW6 1,275,000.00 AA+ Aaa 12/8/2022 12/13/2022 1,290,588.87 4.05 7,327.78 1,287,669.61 1,268,425.84 US TREASURY N/B NOTESDTD 12/15/2022 4.000% 12/15/2025
91282CGA3 600,000.00 AA+ Aaa 12/23/2022 12/29/2022 598,523.44 4.09 1,049.18 598,774.54 590,625.00 US TREASURY N/B NOTESDTD 12/15/2022 4.000% 12/15/2025
91282CGA3 200,000.00 AA+ Aaa 12/29/2022 12/30/2022 198,960.94 4.19 349.73 199,136.84 196,875.00 US TREASURY N/B NOTESDTD 01/15/2023 3.875% 01/15/2026
91282CGE5 1,750,000.00 AA+ Aaa 2/6/2023 2/9/2023 1,740,019.53 4.08 31,283.67 1,741,342.80 1,717,460.85 US TREASURY N/B NOTESDTD 01/15/2023 3.875% 01/15/2026
91282CGE5 1,450,000.00 AA+ Aaa 1/31/2023 2/2/2023 1,448,300.78 3.92 25,920.75 1,448,535.64 1,423,038.99 US TREASURY N/B NOTESDTD 02/15/2023 4.000% 02/15/2026
91282CGL9 1,750,000.00 AA+ Aaa 3/2/2023 3/7/2023 1,719,443.36 4.64 26,298.34 1,722,737.57 1,723,203.13 US TREASURY N/B NOTESDTD 02/15/2023 4.000% 02/15/2026
91282CGL9 1,450,000.00 AA+ Aaa 5/19/2023 5/23/2023 1,448,130.86 4.05 21,790.06 1,448,203.83 1,427,796.87 US TREASURY NOTESDTD 02/28/2019 2.500% 02/28/2026
9128286F2 3,025,000.00 AA+ Aaa 5/1/2023 5/3/2023 2,915,107.42 3.87 25,276.83 2,921,390.04 2,867,132.81 US TREASURY N/B NOTESDTD 04/15/2023 3.750% 04/15/2026
91282CGV7 350,000.00 AA+ Aaa 4/21/2023 4/24/2023 348,632.81 3.89 2,761.27 348,718.34 342,617.17 20 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Holdings
|
Security Type/DescriptionDated Date/Coupon/Maturity CUSIP Par S&P
Rating
Moody's
Rating
Settle
Date
Original
Cost
Trade
Date
YTM
at Cost
Accrued
Interest
Market
Value
Amortized
Cost
U.S. Treasury
US TREASURY N/B NOTESDTD 04/15/2023 3.750% 04/15/2026
91282CGV7 1,450,000.00 AA+ Aaa 5/16/2023 5/18/2023 1,448,753.91 3.78 11,439.55 1,448,805.49 1,419,413.99 US TREASURY N/B NOTESDTD 04/15/2023 3.750% 04/15/2026
91282CGV7 550,000.00 AA+ Aaa 6/12/2023 6/13/2023 542,287.11 4.28 4,339.14 542,420.99 538,398.41 US TREASURY N/B NOTESDTD 04/15/2023 3.750% 04/15/2026
91282CGV7 1,475,000.00 AA+ Aaa 5/17/2023 5/19/2023 1,471,773.44 3.83 11,636.78 1,471,904.08 1,443,886.65 US TREASURY N/B NOTESDTD 04/15/2023 3.750% 04/15/2026
91282CGV7 1,000,000.00 AA+ Aaa 5/1/2023 5/2/2023 998,476.56 3.80 7,889.35 998,561.27 978,906.20 US TREASURY N/B NOTESDTD 05/15/2023 3.625% 05/15/2026
91282CHB0 1,500,000.00 AA+ Aaa 6/12/2023 6/13/2023 1,474,628.91 4.25 6,944.63 1,475,056.91 1,463,437.50 US TREASURY N/B NOTESDTD 05/15/2023 3.625% 05/15/2026
91282CHB0 3,000,000.00 AA+ Aaa 6/1/2023 6/5/2023 2,970,234.38 3.99 13,889.27 2,970,954.29 2,926,875.00 US TREASURY N/B NOTESDTD 06/15/2023 4.125% 06/15/2026
91282CHH7 1,500,000.00 AA+ Aaa 6/29/2023 6/30/2023 1,485,468.75 4.48 2,704.92 1,485,482.19 1,484,765.70 US TREASURY N/B NOTESDTD 06/15/2023 4.125% 06/15/2026
91282CHH7 2,500,000.00 AA+ Aaa 6/29/2023 6/30/2023 2,482,812.50 4.37 4,508.19 2,482,828.40 2,474,609.50 Security Type Sub-Total 58,395,000.00 58,243,557.25 2.65 301,947.70 58,188,020.21 56,262,517.33 Supranational
INTER-AMERICAN DEVEL BK NOTESDTD 09/23/2021 0.500% 09/23/2024 4581X0DZ8 1,455,000.00 AAA Aaa 9/15/2021 9/23/2021 1,453,923.30 0.52 1,980.42 1,454,557.92 1,371,199.28 Security Type Sub-Total 1,455,000.00 1,453,923.30 0.52 1,980.42 1,454,557.92 1,371,199.28 Negotiable CD
CREDIT AGRICOLE CIB NY CERTDEPOSDTD 08/19/2022 4.100% 08/16/2024 22536AZR8 1,075,000.00 A+ Aa3 8/17/2022 8/19/2022 1,075,000.00 4.07 38,688.06 1,075,000.00 1,074,787.37 TORONTO DOMINION BANK NY CERTDEPOSDTD 10/31/2022 5.600% 10/27/2025 89115B6K1 1,425,000.00 A A1 10/27/2022 10/31/2022 1,425,000.00 5.58 53,865.00 1,425,000.00 1,424,037.13 21 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

ASTRAZENECA FINANCE LLC
(CALLABLE) CORPDTD 05/28/2021 0.700% 05/28/2024
04636NAC7 695,000.00 A A3 5/25/2021 5/28/2021 694,937.45 0.70 445.96 694,981.05 665,805.14 TARGET CORP CORPORATE NOTESDTD 06/26/2014 3.500% 07/01/2024 87612EBD7 475,000.00 A A2 11/23/2021 11/29/2021 504,754.00 1.04 8,312.50 486,523.77 466,376.85

AMERICAN EXPRESS CO CORP
NOTES (CALLABLEDTD 07/30/2019 2.500% 07/30/2024
025816CG2 150,000.00 BBB+ A2 11/19/2021 11/23/2021 155,370.00 1.14 1,572.92 152,063.21 145,116.45

AMERICAN EXPRESS CO CORP
NOTES (CALLABLEDTD 07/30/2019 2.500% 07/30/2024
025816CG2 600,000.00 BBB+ A2 11/19/2021 11/23/2021 621,480.00 1.14 6,291.66 608,252.84 580,465.80

AMERICAN HONDA FINANCE
CORPORATE NOTESDTD 09/09/2021 0.750% 08/09/2024
02665WDY4 230,000.00 A- A3 9/7/2021 9/9/2021 229,848.20 0.77 680.42 229,942.27 218,410.76 PACCAR FINANCIAL CORPCORPORATE NOTESDTD 08/09/2021 0.500% 08/09/2024 69371RR40 160,000.00 A+ A1 8/3/2021 8/9/2021 159,913.60 0.52 315.56 159,968.07 151,477.44 BMW US CAPITAL LLC CORPORATENOTESDTD 08/12/2021 0.750% 08/12/2024 05565EBU8 300,000.00 A A2 8/9/2021 8/12/2021 299,973.00 0.75 868.75 299,989.95 284,432.10 UNILEVER CAPITAL CORP(CALLABLE) CORPORADTD 08/12/2021 0.626% 08/12/2024 904764BN6 235,000.00 A+ A1 8/9/2021 8/12/2021 235,000.00 0.63 568.01 235,000.00 222,283.92 23 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Holdings
|
Security Type/DescriptionDated Date/Coupon/Maturity CUSIP Par S&P
Rating
Moody's
Rating
Settle
Date
Original
Cost
Trade
Date
YTM
at Cost
Accrued
Interest
Market
Value
Amortized
Cost
Corporate
COOPERAT RABOBANK UA/NYCORPORATE NOTESDTD 08/22/2022 3.875% 08/22/2024 21688AAU6 330,000.00 A+ Aa2 8/15/2022 8/22/2022 329,848.20 3.90 4,582.19 329,913.20 323,773.23 CATERPILLAR FINL SERVICECORPORATE NOTESDTD 09/14/2021 0.600% 09/13/2024 14913R2P1 710,000.00 A A2 9/7/2021 9/14/2021 709,034.40 0.65 1,278.00 709,612.00 670,563.76 NESTLE HOLDINGS INC CORP NOTES(CALLABLEDTD 09/14/2021 0.606% 09/14/2024 641062AU8 1,075,000.00 AA- Aa3 9/7/2021 9/14/2021 1,075,000.00 0.61 1,936.25 1,075,000.00 1,015,809.43 BANK OF AMERICA CORP(CALLABLE) CORPORATDTD 10/21/2020 0.810% 10/24/2024 06051GJH3 525,000.00 A- A1 10/16/2020 10/21/2020 525,000.00 0.81 791.44 525,000.00 516,082.88 BANK OF NY MELLON CORP(CALLABLE) CORPORDTD 10/25/2021 0.850% 10/25/2024 06406RAX5 670,000.00 A A1 10/20/2021 10/25/2021 669,564.50 0.87 1,044.08 669,808.48 629,539.37 CITIGROUP INC CORP NOTES(CALLABLE)DTD 10/30/2020 0.776% 10/30/2024 172967MT5 650,000.00 BBB+ A3 10/23/2020 10/30/2020 650,000.00 0.78 854.68 650,000.00 638,300.00 HONEYWELL INTERNATIONALCORPORATE NOTESDTD 11/02/2022 4.850% 11/01/2024 438516CH7 635,000.00 A A2 10/28/2022 11/2/2022 634,892.05 4.86 5,132.92 634,927.69 630,105.42 TEXAS INSTRUMENTS INCCORPORATE NOTESDTD 11/18/2022 4.700% 11/18/2024 882508BR4 155,000.00 A+ Aa3 11/15/2022 11/18/2022 154,930.25 4.72 870.15 154,951.72 153,681.57 JOHN DEERE CAPITAL CORPCORPORATE NOTESDTD 01/10/2022 1.250% 01/10/2025 24422EVY2 245,000.00 A A2 1/4/2022 1/10/2022 244,884.85 1.27 1,454.69 244,941.27 230,573.42 COOPERATIEVE RABOBANK UACORPORATE NOTESDTD 01/12/2022 1.375% 01/10/2025 21688AAS1 750,000.00 A+ Aa2 1/6/2022 1/12/2022 747,705.00 1.48 4,898.44 748,827.33 704,292.00 TOYOTA MOTOR CREDIT CORPCORPORATE NOTESDTD 01/12/2023 4.800% 01/10/2025 89236TKN4 500,000.00 A+ A1 1/9/2023 1/12/2023 499,785.00 4.82 11,266.67 499,835.14 496,591.50 COMMONWEALTH BK AUSTR NYCORPORATE NOTESDTD 01/10/2023 5.079% 01/10/2025 20271RAQ3 1,020,000.00 AA- Aa3 1/3/2023 1/10/2023 1,020,000.00 5.08 24,607.76 1,020,000.00 1,012,511.16 24 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

AMERICAN HONDA FINANCE
CORPORATE NOTESDTD 01/13/2022 1.500% 01/13/2025
02665WEA5 300,000.00 A- A3 1/11/2022 1/13/2022 299,763.00 1.53 2,100.00 299,878.47 283,400.40 GOLDMAN SACHS GROUP INC(CALLABLE) CORPDTD 01/24/2022 1.757% 01/24/2025 38141GZH0 500,000.00 BBB+ A2 1/19/2022 1/24/2022 500,000.00 1.76 3,831.24 500,000.00 486,952.00 NATIONAL RURAL UTIL COOPCORPORATE NOTESDTD 02/07/2022 1.875% 02/07/2025 63743HFC1 200,000.00 A- A2 1/31/2022 2/7/2022 199,994.00 1.88 1,500.00 199,996.79 188,897.60 JPMORGAN CHASE & CO CORPNOTES (CALLABLEDTD 02/16/2021 0.563% 02/16/2025 46647PBY1 475,000.00 A- A1 2/9/2021 2/16/2021 475,000.00 0.56 1,002.84 475,000.00 458,251.98

AMERICAN EXPRESS CO CORP
NOTES (CALLABLEDTD 03/04/2022 2.250% 03/04/2025
025816CQ0 120,000.00 BBB+ A2 3/1/2022 3/4/2022 119,878.80 2.29 877.50 119,932.32 113,491.80 ROCHE HOLDINGS INC (CALLABLE)CORPORATEDTD 03/10/2022 2.132% 03/10/2025 771196BT8 1,885,000.00 AA Aa2 3/3/2022 3/10/2022 1,885,000.00 2.13 12,391.36 1,885,000.00 1,792,086.47 BMW US CAPITAL LLC CORP NOTESDTD 04/01/2022 3.250% 04/01/2025 05565EBZ7 355,000.00 A A2 3/28/2022 4/1/2022 354,666.30 3.28 2,884.38 354,805.14 342,786.23 PACCAR FINANCIAL CORPCORPORATE NOTESDTD 04/07/2022 2.850% 04/07/2025 69371RR73 575,000.00 A+ A1 3/31/2022 4/7/2022 574,850.50 2.86 3,823.75 574,911.88 550,613.10 AMAZON.COM INC CORPORATE
NOTESDTD 04/13/2022 3.000% 04/13/2025
023135CE4 430,000.00 AA A1 4/11/2022 4/13/2022 429,316.30 3.06 2,795.00 429,593.27 414,498.07 HOME DEPOT INC (CALLABLE)CORPORATE NOTEDTD 03/28/2022 2.700% 04/15/2025 437076CM2 110,000.00 A A2 3/24/2022 3/28/2022 109,807.50 2.76 627.00 109,886.99 105,292.44 BANK OF NY MELLON CORP(CALLABLE) CORP NDTD 04/26/2022 3.350% 04/25/2025 06406RBC0 1,450,000.00 A A1 4/19/2022 4/26/2022 1,449,797.00 3.36 8,905.42 1,449,876.90 1,391,789.75 CINTAS CORPORATION NO. 2 CORPNOTE (CALLDTD 05/03/2022 3.450% 05/01/2025 17252MAP5 315,000.00 A- A3 4/26/2022 5/3/2022 314,930.70 3.46 1,811.25 314,957.56 304,106.67 25 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Holdings
|
Security Type/DescriptionDated Date/Coupon/Maturity CUSIP Par S&P
Rating
Moody's
Rating
Settle
Date
Original
Cost
Trade
Date
YTM
at Cost
Accrued
Interest
Market
Value
Amortized
Cost
Corporate
USAA CAPITAL CORP CORPORATENOTESDTD 05/26/2022 3.375% 05/01/2025 90327QD89 575,000.00 AA Aa1 5/23/2022 5/26/2022 573,119.75 3.49 3,234.38 573,823.75 551,825.78 CITIGROUP INC (CALLABLE)CORPORATE NOTESDTD 05/04/2021 0.981% 05/01/2025 172967MX6 230,000.00 BBB+ A3 4/27/2021 5/4/2021 230,000.00 0.98 376.05 230,000.00 220,114.60 CATERPILLAR FINL SERVICECORPORATE NOTESDTD 05/13/2022 3.400% 05/13/2025 14913R2V8 150,000.00 A A2 5/10/2022 5/13/2022 149,809.50 3.44 680.00 149,881.46 145,330.05 JPMORGAN CHASE & CO (CALLABLE)CORP NOTEDTD 06/01/2021 0.824% 06/01/2025 46647PCH7 630,000.00 A- A1 5/24/2021 6/1/2021 630,000.00 0.82 432.60 630,000.00 598,658.76 JOHN DEERE CAPITAL CORPCORPORATE NOTESDTD 06/06/2022 3.400% 06/06/2025 24422EWF2 310,000.00 A A2 6/1/2022 6/6/2022 309,928.70 3.41 731.94 309,954.07 299,785.81 NATIONAL AUSTRALIA BK/NYCORPORATE NOTESDTD 06/09/2022 3.500% 06/09/2025 63254ABD9 780,000.00 AA- Aa3 5/31/2022 6/9/2022 780,000.00 3.50 1,668.33 780,000.00 753,388.74 NATIONAL RURAL UTIL COOPCORPORATE NOTESDTD 05/04/2022 3.450% 06/15/2025 63743HFE7 145,000.00 A- A2 4/27/2022 5/4/2022 144,960.85 3.46 222.33 144,975.40 139,508.13 PEPSICO INC CORP NOTES(CALLABLE)DTD 07/17/2015 3.500% 07/17/2025 713448CY2 525,000.00 A+ A1 1/5/2023 1/9/2023 509,454.75 4.76 8,370.83 512,377.93 509,845.35 IBM CORP CORPORATE NOTESDTD 07/27/2022 4.000% 07/27/2025 459200KS9 1,065,000.00 A- A3 7/20/2022 7/27/2022 1,065,000.00 4.00 18,223.33 1,065,000.00 1,040,956.56 INTEL CORP NOTES (CALLABLE)DTD 07/29/2015 3.700% 07/29/2025 458140AS9 725,000.00 A A2 1/24/2023 1/26/2023 709,702.50 4.60 11,326.11 712,310.60 705,483.73 PACCAR FINANCIAL CORPCORPORATE NOTESDTD 08/11/2022 3.550% 08/11/2025 69371RR99 375,000.00 A+ A1 8/3/2022 8/11/2022 374,733.75 3.58 5,177.08 374,812.46 363,082.88 COLGATE-PALMOLIVE COCORPORATE NOTESDTD 08/09/2022 3.100% 08/15/2025 194162AM5 235,000.00 AA- Aa3 8/1/2022 8/9/2022 234,783.80 3.13 2,752.11 234,847.76 226,222.99 26 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

AUST & NZ BANKING GRP NY
CORPORATE NOTESDTD 12/08/2022 5.088% 12/08/2025
05254JAA8 595,000.00 AA- Aa3 11/29/2022 12/8/2022 595,000.00 5.09 1,934.15 595,000.00 592,956.18 CATERPILLAR FINL SERVICECORPORATE NOTESDTD 01/06/2023 4.800% 01/06/2026 14913R3B1 285,000.00 A A2 1/3/2023 1/6/2023 284,928.75 4.81 6,650.00 284,940.19 284,145.29

AMERICAN HONDA FINANCE
CORPORATE NOTESDTD 01/12/2023 4.750% 01/12/2026
02665WEC1 190,000.00 A- A3 1/10/2023 1/12/2023 189,889.80 4.77 4,236.74 189,906.89 189,088.95 27 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Holdings
|
Security Type/DescriptionDated Date/Coupon/Maturity CUSIP Par S&P
Rating
Moody's
Rating
Settle
Date
Original
Cost
Trade
Date
YTM
at Cost
Accrued
Interest
Market
Value
Amortized
Cost
Corporate
NATIONAL AUSTRALIA BK/NYCORPORATE NOTESDTD 01/12/2023 4.966% 01/12/2026 63253QAA2 1,045,000.00 AA- Aa3 1/4/2023 1/12/2023 1,045,000.00 4.97 24,361.68 1,045,000.00 1,037,526.16 CITIGROUP INC CORP NOTES(CALLABLE)DTD 01/25/2022 2.014% 01/25/2026 17327CAN3 150,000.00 BBB+ A3 1/18/2022 1/25/2022 150,000.00 2.01 1,309.10 150,000.00 140,965.50 STATE STREET CORP NOTES(CALLABLE)DTD 01/26/2023 4.857% 01/26/2026 857477BZ5 120,000.00 A A1 1/23/2023 1/26/2023 120,000.00 4.86 2,509.45 120,000.00 118,226.04 STATE STREET CORP (CALLABLE)CORPORATE NDTD 02/07/2022 1.746% 02/06/2026 857477BR3 300,000.00 A A1 2/2/2022 2/7/2022 300,000.00 1.75 2,109.75 300,000.00 279,519.30 PEPSICO INC CORP NOTES(CALLABLE)DTD 02/15/2023 4.550% 02/13/2026 713448FQ6 520,000.00 A+ A1 2/13/2023 2/15/2023 519,698.40 4.57 8,938.22 519,735.89 518,475.36 MORGAN STANLEY CORP NOTES(CALLABLE)DTD 02/18/2022 2.630% 02/18/2026 61747YEM3 875,000.00 A- A1 2/16/2022 2/18/2022 875,000.00 2.63 8,501.84 875,000.00 828,448.25 EXXON MOBIL CORP NOTES(CALLABLE)DTD 03/03/2016 3.043% 03/01/2026 30231GAT9 1,125,000.00 AA- Aa2 1/30/2023 2/1/2023 1,082,340.00 4.37 11,411.25 1,088,033.06 1,075,257.00 COLGATE-PALMOLIVE COCORPORATE NOTESDTD 03/01/2023 4.800% 03/02/2026 194162AQ6 380,000.00 AA- Aa3 2/27/2023 3/1/2023 379,559.20 4.84 6,080.00 379,608.22 380,646.38 NESTLE HOLDINGS INC CORPORATENOTESDTD 03/14/2023 5.250% 03/13/2026 641062BK9 285,000.00 AA- Aa3 3/7/2023 3/14/2023 284,905.95 5.26 4,447.19 284,915.31 287,079.36 COMMONWEALTH BK AUSTR NYCORPORATE NOTESDTD 03/13/2023 5.316% 03/13/2026 20271RAR1 700,000.00 AA- Aa3 3/6/2023 3/13/2023 700,000.00 5.32 11,163.60 700,000.00 700,968.80 NATIONAL RURAL UTIL COOP CORPNOTES (CALDTD 02/09/2023 4.450% 03/13/2026 63743HFH0 125,000.00 A- A2 2/2/2023 2/9/2023 124,911.25 4.47 2,194.10 124,922.42 123,009.63 STATE STREET CORP NOTES(CALLABLE)DTD 10/29/2020 2.901% 03/30/2026 857477BM4 700,000.00 A A1 2/17/2022 2/22/2022 714,091.00 2.38 5,133.16 707,941.75 668,376.10 28 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Holdings
|
Security Type/DescriptionDated Date/Coupon/Maturity CUSIP Par S&P
Rating
Moody's
Rating
Settle
Date
Original
Cost
Trade
Date
YTM
at Cost
Accrued
Interest
Market
Value
Amortized
Cost
Corporate
STATE STREET CORP NOTES(CALLABLE)DTD 10/29/2020 2.901% 03/30/2026 857477BM4 150,000.00 A A1 2/3/2022 2/7/2022 154,573.50 2.13 1,099.96 152,543.93 143,223.45 WALMART INC CORPORATE NOTES(CALLABLE)DTD 04/18/2023 4.000% 04/15/2026 931142FA6 160,000.00 AA Aa2 4/12/2023 4/18/2023 159,929.60 4.02 1,297.78 159,934.37 157,128.96 WELLS FARGO & CO CORP NOTESDTD 04/22/2016 3.000% 04/22/2026 949746RW3 650,000.00 BBB+ A1 3/28/2023 3/30/2023 611,520.00 5.11 3,737.50 614,718.07 611,637.65 JPMORGAN CHASE & CO (CALLABLE)CORPORATEDTD 04/26/2022 4.080% 04/26/2026 46647PCZ7 700,000.00 A- A1 4/19/2022 4/26/2022 700,000.00 4.08 5,156.67 700,000.00 680,753.50 TOYOTA MOTOR CREDIT CORP CORPNOTESDTD 05/18/2023 4.450% 05/18/2026 89236TKT1 495,000.00 A+ A1 5/15/2023 5/18/2023 494,712.90 4.47 2,631.06 494,724.43 487,856.66 JOHN DEERE CAPITAL CORPCORPORATE NOTESDTD 06/08/2023 4.750% 06/08/2026 24422EWX3 365,000.00 A A2 6/5/2023 6/8/2023 364,788.30 4.77 1,107.67 364,792.74 363,849.16 TRUIST FIN CORP NOTES (CALLABLE)DTD 07/28/2022 4.260% 07/28/2026 89788MAH5 465,000.00 A- A3 7/25/2022 7/28/2022 465,000.00 4.26 8,418.83 465,000.00 446,007.08 TRUIST FINANCIAL CORP NOTES(CALLABLE)DTD 10/28/2022 5.900% 10/28/2026 89788MAJ1 495,000.00 A- A3 10/26/2022 10/28/2022 495,000.00 5.90 5,110.88 495,000.00 490,493.52 STATE STREET CORP NOTES(CALLABLE)DTD 11/04/2022 5.751% 11/04/2026 857477BX0 205,000.00 A A1 11/1/2022 11/4/2022 205,000.00 5.75 1,866.68 205,000.00 205,246.82 PNC FINANCIAL SERVICES CORPNOTES (CALLADTD 01/24/2023 4.758% 01/26/2027 693475BL8 85,000.00 A- A3 1/19/2023 1/24/2023 85,000.00 4.76 1,763.77 85,000.00 83,058.01 Security Type Sub-Total 41,525,000.00 41,472,138.20 3.06 342,874.24 41,450,336.00 40,217,380.13 Agency CMBS
FHLMC MULTIFAMILY STRUCTURED PPOOLDTD 12/01/2017 2.951% 02/01/2024 3137FCM35 42,080.04 AA+ Aaa 8/16/2019 8/21/2019 43,072.87 2.39 103.48 42,211.40 41,611.13 29 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Holdings
|
Security Type/DescriptionDated Date/Coupon/Maturity CUSIP Par S&P
Rating
Moody's
Rating
Settle
Date
Original
Cost
Trade
Date
YTM
at Cost
Accrued
Interest
Market
Value
Amortized
Cost
Agency CMBS
FHLMC MULTIFAMILY STRUCTUREDPOOLDTD 11/01/2017 3.064% 08/01/2024 3137FBTA4 1,376,654.66 AA+ Aaa 5/25/2022 5/31/2022 1,378,483.03 3.00 3,515.06 1,377,570.00 1,339,453.06 FHLMC MULTIFAMILY STRUCTURED PDTD 11/01/2014 3.241% 09/01/2024 3137BEVH4 1,000,000.00 AA+ Aaa 9/15/2022 9/20/2022 981,250.00 4.25 2,700.83 988,728.93 972,137.98 FHMS K041 A2DTD 12/16/2014 3.171% 10/01/2024
3137BFE98 850,000.00 AA+ Aaa 8/30/2022 9/2/2022 838,810.55 3.83 2,246.13 843,256.88 824,233.66 FHMS K045 A2DTD 05/01/2015 3.023% 01/01/2025
3137BHXJ1 1,399,575.96 AA+ Aaa 7/13/2022 7/18/2022 1,382,737.31 3.54 3,525.77 1,389,262.76 1,348,880.65 FHMS K046 A2DTD 06/17/2015 3.205% 03/01/2025
3137BJP64 850,000.00 AA+ Aaa 8/3/2022 8/8/2022 843,658.20 3.51 2,270.21 845,873.76 819,896.43 FHMS K047 A2DTD 07/30/2015 3.329% 05/01/2025
3137BKRJ1 1,000,000.00 AA+ Aaa 5/19/2022 5/24/2022 1,006,406.25 3.10 2,774.17 1,004,000.17 965,423.68 FHLMC SERIES K049 A2DTD 10/01/2015 3.010% 07/01/2025
3137BLMZ8 1,450,000.00 AA+ Aaa 8/11/2022 8/16/2022 1,429,552.73 3.53 3,637.08 1,435,764.81 1,389,027.02 FHMS K733 A2DTD 11/09/2018 3.750% 08/01/2025
3137FJXQ7 597,925.88 AA+ Aaa 3/6/2023 3/9/2023 579,147.27 5.15 1,868.52 581,591.06 580,177.65 FHMS K052 A1DTD 12/01/2015 3.308% 09/01/2025
3137BM7C4 600,000.00 AA+ Aaa 8/5/2022 8/10/2022 595,640.63 3.56 1,654.00 596,907.89 577,062.83 FHMS K053 A2DTD 03/29/2016 2.995% 12/01/2025
3137BN6G4 1,025,000.00 AA+ Aaa 8/4/2022 8/9/2022 1,013,188.48 3.36 2,558.23 1,016,370.76 976,823.32 FHMS K054 A2DTD 04/20/2016 2.745% 01/01/2026
3137BNGT5 450,000.00 AA+ Aaa 3/1/2023 3/6/2023 423,773.44 4.96 1,029.38 426,746.80 425,846.63 FNA 2016-M3 A2DTD 03/31/2016 2.702% 02/01/2026
3136ARTE8 774,058.86 AA+ Aaa 10/6/2022 10/12/2022 730,276.16 4.55 1,742.92 739,772.08 731,839.34 FHMS K057 A2DTD 09/28/2016 2.570% 07/01/2026
3137BRQJ7 600,000.00 AA+ Aaa 3/2/2023 3/7/2023 557,953.13 4.86 1,285.00 561,977.42 562,217.46 FHMS K057 A2DTD 09/28/2016 2.570% 07/01/2026
3137BRQJ7 675,000.00 AA+ Aaa 5/18/2023 5/23/2023 641,830.08 4.26 1,445.63 642,969.84 632,494.64 FHMS K058 A2DTD 11/09/2016 2.653% 08/01/2026
3137BSP72 750,000.00 AA+ Aaa 4/12/2023 4/17/2023 715,869.14 4.14 1,658.13 717,998.77 702,401.66 30 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Holdings
|
Security Type/DescriptionDated Date/Coupon/Maturity CUSIP Par S&P
Rating
Moody's
Rating
Settle
Date
Original
Cost
Trade
Date
YTM
at Cost
Accrued
Interest
Market
Value
Amortized
Cost
Agency CMBS
FHMS K061 A2DTD 01/30/2017 3.347% 11/01/2026
3137BTUM1 520,000.00 AA+ Aaa 5/19/2023 5/24/2023 503,993.75 4.31 1,450.37 504,477.63 496,535.79 Security Type Sub-Total 13,960,295.40 13,665,643.02 3.82 35,464.91 13,715,480.96 13,386,062.93 ABS
TLOT 2021-A A3DTD 04/21/2021 0.390% 04/22/2024
89238EAC0 51,444.80 AAA Aaa 4/13/2021 4/21/2021 51,438.80 0.39 6.13 51,443.18 51,315.30 GMALT 2021-2 A3DTD 05/26/2021 0.340% 05/20/2024
380144AC9 65,314.17 AAA NR 5/18/2021 5/26/2021 65,303.91 0.35 6.79 65,311.12 65,160.41 NAROT 2020-B A3DTD 06/30/2020 0.550% 07/15/2024
65479CAD0 3,082.59 AAA Aaa 6/23/2020 6/30/2020 3,082.51 0.55 0.75 3,082.57 3,078.29 HAROT 2020-3 A3DTD 09/29/2020 0.370% 10/18/2024
43813KAC6 65,874.72 AAA NR 9/22/2020 9/29/2020 65,865.05 0.37 8.80 65,871.62 64,993.96 BMWOT 2020-A A3DTD 07/15/2020 0.480% 10/25/2024
09661RAD3 19,213.08 AAA NR 7/8/2020 7/15/2020 19,211.64 0.48 1.54 19,212.64 19,128.07 CARMX 2020-1 A3DTD 01/22/2020 1.890% 12/16/2024
14315XAC2 51,871.18 AAA NR 1/14/2020 1/22/2020 51,861.00 1.89 43.57 51,868.14 51,630.74 HART 2020-B A3DTD 07/22/2020 0.480% 12/16/2024
44933FAC0 24,872.21 AAA NR 7/14/2020 7/22/2020 24,867.55 0.48 5.31 24,870.66 24,766.58 MBART 2020-1 A3DTD 06/23/2020 0.550% 02/18/2025
58769VAC4 44,581.33 AAA NR 6/16/2020 6/23/2020 44,577.85 0.55 10.90 44,580.11 44,149.76 VZOT 2020-B ADTD 08/12/2020 0.470% 02/20/2025
92290BAA9 77,149.75 NR Aaa 8/4/2020 8/12/2020 77,133.55 0.47 11.08 77,143.87 76,641.83 CARMX 2020-3 A3DTD 07/22/2020 0.620% 03/17/2025
14315FAD9 48,592.30 AAA NR 7/14/2020 7/22/2020 48,583.97 0.62 13.39 48,589.24 48,190.15 KCOT 2022-1A A2DTD 03/23/2022 2.340% 04/15/2025
50117EAB0 137,055.64 NR Aaa 3/15/2022 3/23/2022 137,050.92 2.34 142.54 137,052.88 135,192.09 GMCAR 2020-3 A3DTD 08/19/2020 0.450% 04/16/2025
362590AC5 142,024.16 NR Aaa 8/11/2020 8/19/2020 141,991.67 0.46 26.63 142,011.65 140,002.89 WOART 2020-B A3DTD 06/24/2020 0.630% 05/15/2025
98163WAC0 86,547.32 AAA NR 6/16/2020 6/24/2020 86,540.52 0.63 24.23 86,544.72 85,406.25 VWALT 2022-A A3DTD 06/14/2022 3.440% 07/21/2025
92868AAC9 225,000.00 NR Aaa 6/7/2022 6/14/2022 224,982.09 3.44 236.50 224,988.13 220,434.86 31 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Holdings
|
Security Type/DescriptionDated Date/Coupon/Maturity CUSIP Par S&P
Rating
Moody's
Rating
Settle
Date
Original
Cost
Trade
Date
YTM
at Cost
Accrued
Interest
Market
Value
Amortized
Cost
ABS
KCOT 2021-1A A3DTD 04/14/2021 0.620% 08/15/2025
50117TAC5 277,863.21 NR Aaa 4/6/2021 4/14/2021 277,806.35 0.62 76.57 277,835.35 268,372.38 CARMX 2020-4 A3DTD 10/21/2020 0.500% 08/15/2025
14316HAC6 142,493.93 AAA NR 10/14/2020 10/21/2020 142,462.58 0.50 31.67 142,480.10 139,363.02 HART 2021-A A3DTD 04/28/2021 0.380% 09/15/2025
44933LAC7 186,445.67 AAA NR 4/20/2021 4/28/2021 186,426.06 0.38 31.49 186,435.79 181,680.38 KCOT 2021-2A A3DTD 07/28/2021 0.560% 11/17/2025
50117XAE2 549,157.09 NR Aaa 7/20/2021 7/28/2021 549,136.39 0.56 136.68 549,145.64 525,143.37 CARMX 2021-1 A3DTD 01/27/2021 0.340% 12/15/2025
14316NAC3 115,623.56 AAA NR 1/20/2021 1/27/2021 115,600.71 0.34 17.47 115,612.05 112,277.23 HAROT 2021-4 A3DTD 11/24/2021 0.880% 01/21/2026
43815GAC3 430,000.00 NR Aaa 11/16/2021 11/24/2021 429,909.36 0.89 105.11 429,944.21 413,405.66 CARMX 2021-2 A3DTD 04/21/2021 0.520% 02/17/2026
14314QAC8 314,145.46 AAA NR 4/13/2021 4/21/2021 314,077.77 0.52 72.60 314,108.52 303,097.50 TAOT 2021-D A3DTD 11/15/2021 0.710% 04/15/2026
89238JAC9 435,000.00 AAA NR 11/9/2021 11/15/2021 434,990.73 0.71 137.27 434,994.14 417,124.59 HART 2021-C A3DTD 11/17/2021 0.740% 05/15/2026
44935FAD6 330,000.00 AAA NR 11/9/2021 11/17/2021 329,926.34 0.75 108.53 329,952.88 317,183.06 HAROT 2022-1 A3DTD 02/23/2022 1.880% 05/15/2026
43815BAC4 360,000.00 AAA Aaa 2/15/2022 2/23/2022 359,945.86 1.88 300.80 359,963.17 344,102.04 FORDO 2022-A A3DTD 01/24/2022 1.290% 06/15/2026
345286AC2 155,000.00 AAA NR 1/19/2022 1/24/2022 154,981.59 1.29 88.87 154,987.60 148,812.43 CARMX 2021-3 A3DTD 07/28/2021 0.550% 06/15/2026
14317DAC4 764,307.17 AAA Aaa 7/21/2021 7/28/2021 764,181.44 0.55 186.83 764,231.01 733,131.62 VALET 2021-1 A3DTD 12/13/2021 1.020% 06/22/2026
92868KAC7 567,262.51 AAA Aaa 12/7/2021 12/13/2021 567,240.28 1.02 176.80 567,247.88 546,197.50 BMWOT 2022-A A3DTD 05/18/2022 3.210% 08/25/2026
05602RAD3 410,000.00 AAA Aaa 5/10/2022 5/18/2022 409,978.68 3.21 219.35 409,984.27 398,666.53 DCENT 2021-A1 A1DTD 09/27/2021 0.580% 09/15/2026
254683CP8 405,000.00 AAA Aaa 9/20/2021 9/27/2021 404,913.29 0.58 104.40 404,943.98 381,106.98 COPAR 2021-1 A3DTD 10/27/2021 0.770% 09/15/2026
14044CAC6 425,000.00 AAA Aaa 10/19/2021 10/27/2021 424,991.97 0.77 145.44 424,994.72 405,929.44 TAOT 2022-B A3DTD 04/13/2022 2.930% 09/15/2026
89238FAD5 425,000.00 AAA Aaa 4/7/2022 4/13/2022 424,990.06 2.93 553.44 424,992.79 410,952.69 32 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Holdings
|
Security Type/DescriptionDated Date/Coupon/Maturity CUSIP Par S&P
Rating
Moody's
Rating
Settle
Date
Original
Cost
Trade
Date
YTM
at Cost
Accrued
Interest
Market
Value
Amortized
Cost
ABS
GMCAR 2021-4 A3DTD 10/21/2021 0.680% 09/16/2026
362554AC1 360,000.00 AAA Aaa 10/13/2021 10/21/2021 359,990.82 0.68 102.00 359,993.99 344,519.35 HART 2022-A A3DTD 03/16/2022 2.220% 10/15/2026
448977AD0 815,000.00 AAA NR 3/9/2022 3/16/2022 814,968.62 2.22 804.13 814,977.47 782,491.20 WOART 2021-D A3DTD 11/03/2021 0.810% 10/15/2026
98163KAC6 520,000.00 AAA NR 10/26/2021 11/3/2021 519,929.18 0.81 187.20 519,952.89 498,835.01 KCOT 2022-1A A3DTD 03/23/2022 2.670% 10/15/2026
50117EAC8 765,000.00 NR Aaa 3/15/2022 3/23/2022 764,890.61 2.67 907.80 764,921.12 724,837.96 COMET 2021-A3 A3DTD 11/30/2021 1.040% 11/15/2026
14041NFY2 895,000.00 AAA NR 11/18/2021 11/30/2021 894,876.67 1.04 413.69 894,916.03 842,492.50 GMCAR 2022-1 A3DTD 01/19/2022 1.260% 11/16/2026
380146AC4 325,000.00 AAA NR 1/11/2022 1/19/2022 324,971.76 1.26 170.63 324,980.22 310,295.18 HART 2022-B A3DTD 07/20/2022 3.720% 11/16/2026
44918MAD2 470,000.00 AAA NR 7/12/2022 7/20/2022 469,999.81 3.72 777.07 469,999.85 457,198.33 KCOT 2022-2A A3DTD 07/21/2022 4.090% 12/15/2026
50117JAC7 720,000.00 NR Aaa 7/14/2022 7/21/2022 719,868.02 4.09 1,308.80 719,896.34 700,885.37 HDMOT 2022-A A3DTD 04/20/2022 3.060% 02/15/2027
41284YAD8 775,000.00 AAA Aaa 4/12/2022 4/20/2022 774,870.96 3.06 1,054.00 774,902.96 753,058.74 CARMX 2022-2 A3DTD 04/28/2022 3.490% 02/16/2027
14317HAC5 590,000.00 AAA Aaa 4/21/2022 4/28/2022 589,910.26 3.49 915.16 589,932.20 574,485.54 GMCAR 2022-2 A3DTD 04/13/2022 3.100% 02/16/2027
362585AC5 365,000.00 AAA Aaa 4/5/2022 4/13/2022 364,923.72 3.10 471.46 364,942.85 352,752.68 COMET 2022-A1 A1DTD 03/30/2022 2.800% 03/15/2027
14041NFZ9 1,100,000.00 AAA NR 3/23/2022 3/30/2022 1,099,917.06 2.80 1,368.89 1,099,938.04 1,053,356.26 TAOT 2022-C A3DTD 08/16/2022 3.760% 04/15/2027
89231CAD9 260,000.00 AAA NR 8/8/2022 8/16/2022 259,956.55 3.76 434.49 259,964.69 252,719.35 COPAR 2022-1 A3DTD 05/04/2022 3.170% 04/15/2027
14043QAC6 450,000.00 AAA NR 4/26/2022 5/4/2022 449,901.68 3.17 634.00 449,924.70 433,142.55 CARMX 2022-3 A3DTD 07/20/2022 3.970% 04/15/2027
14318MAD1 775,000.00 AAA NR 7/12/2022 7/20/2022 774,981.71 3.97 1,367.44 774,985.37 756,541.75 GMCAR 2022-3 A3DTD 07/13/2022 3.640% 04/16/2027
36265WAD5 470,000.00 NR Aaa 7/6/2022 7/13/2022 469,996.76 3.64 712.83 469,997.42 456,553.35 COMET 2022-A2 ADTD 06/14/2022 3.490% 05/15/2027
14041NGA3 425,000.00 AAA NR 6/6/2022 6/14/2022 424,932.09 3.49 659.22 424,946.53 410,864.37 33 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Holdings
|
Security Type/DescriptionDated Date/Coupon/Maturity CUSIP Par S&P
Rating
Moody's
Rating
Settle
Date
Original
Cost
Trade
Date
YTM
at Cost
Accrued
Interest
Market
Value
Amortized
Cost
ABS
AMXCA 2022-2 A
DTD 05/24/2022 3.390% 05/17/2027
02582JJT8 1,090,000.00 AAA NR 5/17/2022 5/24/2022 1,089,758.89 3.39 1,642.27 1,089,812.31 1,052,312.49 COPAR 2022-2 A3DTD 08/10/2022 3.660% 05/17/2027
14043GAD6 440,000.00 AAA Aaa 8/2/2022 8/10/2022 439,968.50 3.66 715.73 439,974.38 425,485.81 NAROT 2022-B A3DTD 09/28/2022 4.460% 05/17/2027
65480JAC4 470,000.00 AAA Aaa 9/20/2022 9/28/2022 469,902.76 4.46 931.64 469,918.62 461,486.89 ALLYA 2022-2 A3
DTD 10/12/2022 4.760% 05/17/2027
02008MAC3 1,125,000.00 AAA Aaa 10/4/2022 10/12/2022 1,124,986.05 4.76 2,380.00 1,124,988.23 1,111,849.43 KCOT 2023-1A A3DTD 03/31/2023 5.020% 06/15/2027
50117KAC4 510,000.00 NR Aaa 3/28/2023 3/31/2023 509,920.19 5.02 1,137.87 509,924.97 504,433.50 DCENT 2022-A3 A3DTD 08/09/2022 3.560% 07/15/2027
254683CW3 920,000.00 AAA Aaa 8/2/2022 8/9/2022 919,885.83 3.56 1,455.64 919,906.50 888,767.38 MBART 2022-1 A3DTD 11/22/2022 5.210% 08/16/2027
58768PAC8 1,180,000.00 AAA Aaa 11/15/2022 11/22/2022 1,179,766.60 5.21 2,732.36 1,179,796.45 1,171,682.65 CARMX 2022-4 A3DTD 10/31/2022 5.340% 08/16/2027
14318UAD3 895,000.00 AAA NR 10/26/2022 10/31/2022 894,790.12 5.35 2,124.13 894,819.26 892,013.47 TAOT 2023-A A3DTD 01/30/2023 4.630% 09/15/2027
891940AC2 250,000.00 AAA NR 1/24/2023 1/30/2023 249,999.88 4.63 514.44 249,999.89 247,077.15 MBART 2023-1 A3DTD 01/25/2023 4.510% 11/15/2027
58770AAC7 265,000.00 AAA NR 1/18/2023 1/25/2023 264,968.20 4.51 531.18 264,971.04 260,576.54 HAROT 2023-2 A3DTD 05/30/2023 4.930% 11/15/2027
437927AC0 365,000.00 AAA Aaa 5/23/2023 5/30/2023 364,940.87 4.93 799.76 364,942.03 362,586.07 HDMOT 2023-A A3DTD 02/23/2023 5.050% 12/15/2027
41285JAD0 495,000.00 NR Aaa 2/13/2023 2/23/2023 494,950.15 5.05 1,111.00 494,953.78 490,902.93 TAOT 2023-B A3DTD 05/23/2023 4.710% 02/15/2028
891941AD8 590,000.00 NR Aaa 5/16/2023 5/23/2023 589,967.02 4.71 1,235.07 589,967.76 582,900.59 FORDO 2023-A A3DTD 03/31/2023 4.650% 02/15/2028
344928AD8 380,000.00 AAA NR 3/28/2023 3/31/2023 379,960.37 4.65 785.33 379,962.42 375,344.16 GMCAR 2023-2 A3DTD 04/12/2023 4.470% 02/16/2028
362583AD8 390,000.00 AAA Aaa 4/4/2023 4/12/2023 389,989.28 4.47 726.38 389,989.76 383,190.52 DCENT 2023-A1 ADTD 04/11/2023 4.310% 03/15/2028
254683CY9 460,000.00 NR Aaa 4/4/2023 4/11/2023 459,973.32 4.31 881.16 459,974.52 449,732.94 AMXCA 2023-1 A
DTD 06/14/2023 4.870% 05/15/2028
02582JJZ4 380,000.00 AAA NR 6/7/2023 6/14/2023 379,966.29 4.87 873.90 379,966.61 377,792.50 34 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
BUY4/4/2023 4/11/2023 460,000.00 254683CY9 DCENT 2023-A1 A 4.31% 3/15/2028 459,973.32 4.31%4/4/2023 4/12/2023 390,000.00 362583AD8 GMCAR 2023-2 A3 4.47% 2/16/2028 389,989.28 4.47%4/12/2023 4/17/2023 750,000.00 3137BSP72 FHMS K058 A2 2.65% 8/1/2026 716,753.47 4.14%4/12/2023 4/18/2023 160,000.00 931142FA6 WALMART INC CORPORATE NOTES (CALLABLE) 4.00% 4/15/2026 159,929.60 4.02%4/21/2023 4/24/2023 350,000.00 91282CGV7 US TREASURY N/B NOTES 3.75% 4/15/2026 348,955.56 3.89%5/1/2023 5/2/2023 1,000,000.00 91282CGV7 US TREASURY N/B NOTES 3.75% 4/15/2026 1,000,218.36 3.80%5/1/2023 5/3/2023 3,025,000.00 9128286F2 US TREASURY NOTES 2.50% 2/28/2026 2,928,259.59 3.87%5/15/2023 5/18/2023 495,000.00 89236TKT1 TOYOTA MOTOR CREDIT CORP CORP NOTES 4.45% 5/18/2026 494,712.90 4.47%5/16/2023 5/18/2023 1,450,000.00 91282CGV7 US TREASURY N/B NOTES 3.75% 4/15/2026 1,453,656.57 3.78%5/16/2023 5/23/2023 590,000.00 891941AD8 TAOT 2023-B A3 4.71% 2/15/2028 589,967.02 4.71%5/17/2023 5/19/2023 1,475,000.00 91282CGV7 US TREASURY N/B NOTES 3.75% 4/15/2026 1,476,911.76 3.83%5/18/2023 5/23/2023 675,000.00 3137BRQJ7 FHMS K057 A2 2.57% 7/1/2026 642,890.21 4.26%5/19/2023 5/23/2023 1,450,000.00 91282CGL9 US TREASURY N/B NOTES 4.00% 2/15/2026 1,463,672.30 4.05%5/19/2023 5/24/2023 520,000.00 3137BTUM1 FHMS K061 A2 3.34% 11/1/2026 505,105.70 4.31%5/23/2023 5/30/2023 365,000.00 437927AC0 HAROT 2023-2 A3 4.93% 11/15/2027 364,940.87 4.93%6/1/2023 6/5/2023 3,000,000.00 91282CHB0 US TREASURY N/B NOTES 3.62% 5/15/2026 2,976,440.22 3.98%6/5/2023 6/8/2023 365,000.00 24422EWX3 JOHN DEERE CAPITAL CORP CORPORATE NOTES 4.75% 6/8/2026 364,788.30 4.77% 36 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
BUY6/7/2023 6/14/2023 380,000.00 02582JJZ4 AMXCA 2023-1 A 4.87% 5/15/2028 379,966.29 4.87%6/8/2023 6/16/2023 245,000.00 05522RDG0 BACCT 2023-A1 A1 4.79% 5/15/2028 244,944.53 4.79%6/12/2023 6/13/2023 1,500,000.00 91282CHB0 US TREASURY N/B NOTES 3.62% 5/15/2026 1,478,913.90 4.25%6/12/2023 6/13/2023 550,000.00 91282CGV7 US TREASURY N/B NOTES 3.75% 4/15/2026 545,611.91 4.28%6/21/2023 6/26/2023 415,000.00 344930AD4 FORDO 2023-B A3 5.23% 5/15/2028 414,994.40 5.23%6/28/2023 6/30/2023 1,250,000.00 91282CHD6 US TREASURY N/B NOTES 4.25% 5/31/2025 1,242,391.62 4.78%6/29/2023 6/30/2023 1,500,000.00 91282CHH7 US TREASURY N/B NOTES 4.12% 6/15/2026 1,488,004.61 4.48%6/29/2023 6/30/2023 2,500,000.00 91282CHH7 US TREASURY N/B NOTES 4.12% 6/15/2026 2,487,038.93 4.37% Total BUY 24,860,000.00 24,619,031.22 0.00
INTEREST4/1/2023 4/1/2023 355,000.00 05565EBZ7 BMW US CAPITAL LLC CORP NOTES 3.25% 4/1/2025 5,768.754/1/2023 4/25/2023 450,000.00 3137BNGT5 FHMS K054 A2 2.74% 1/1/2026 1,029.384/1/2023 4/25/2023 1,029,536.28 3136ARTE8 FNA 2016-M3 A2 2.70% 2/1/2026 2,318.174/1/2023 4/25/2023 1,025,000.00 3137BN6G4 FHMS K053 A2 2.99% 12/1/2025 2,558.234/1/2023 4/25/2023 850,000.00 3137BJP64 FHMS K046 A2 3.20% 3/1/2025 2,270.214/1/2023 4/25/2023 1,406,900.97 3137BHXJ1 FHMS K045 A2 3.02% 1/1/2025 3,544.224/1/2023 4/25/2023 600,000.00 3137BRQJ7 FHMS K057 A2 2.57% 7/1/2026 1,285.00 37 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
INTEREST4/1/2023 4/25/2023 1,450,000.00 3137BLMZ8 FHLMC SERIES K049 A2 3.01% 7/1/2025 3,637.084/1/2023 4/25/2023 1,000,000.00 3137BEVH4 FHLMC MULTIFAMILY STRUCTURED P 3.24% 9/1/2024 2,700.834/1/2023 4/25/2023 59,705.55 3137FCM35 FHLMC MULTIFAMILY STRUCTURED P POOL 2.95% 2/1/2024 146.834/1/2023 4/25/2023 599,935.69 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 1,874.804/1/2023 4/25/2023 1,382,631.67 3137FBTA4 FHLMC MULTIFAMILY STRUCTURED POOL 3.06% 8/1/2024 3,530.324/1/2023 4/25/2023 1,000,000.00 3137BKRJ1 FHMS K047 A2 3.32% 5/1/2025 2,774.174/1/2023 4/25/2023 850,000.00 3137BFE98 FHMS K041 A2 3.17% 10/1/2024 2,246.134/1/2023 4/25/2023 600,000.00 3137BM7C4 FHMS K052 A1 3.30% 9/1/2025 1,654.004/3/2023 4/3/2023 MONEY0002 MONEY MARKET FUND 2,970.234/7/2023 4/7/2023 575,000.00 69371RR73 PACCAR FINANCIAL CORP CORPORATE NOTES 2.85% 4/7/2025 8,193.754/13/2023 4/13/2023 430,000.00 023135CE4 AMAZON.COM INC CORPORATE NOTES 3.00% 4/13/2025 6,450.004/15/2023 4/15/2023 250,000.00 891940AC2 TAOT 2023-A A3 4.63% 9/15/2027 964.584/15/2023 4/15/2023 239,940.26 44933LAC7 HART 2021-A A3 0.38% 9/15/2025 75.984/15/2023 4/15/2023 76,226.23 58769VAC4 MBART 2020-1 A3 0.55% 2/18/2025 34.944/15/2023 4/15/2023 189,368.65 14316HAC6 CARMX 2020-4 A3 0.50% 8/15/2025 78.904/15/2023 4/15/2023 590,000.00 14317HAC5 CARMX 2022-2 A3 3.49% 2/16/2027 1,715.924/15/2023 4/15/2023 380,000.00 344928AD8 FORDO 2023-A A3 4.65% 2/15/2028 736.25 38 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
INTEREST4/15/2023 4/15/2023 1,180,000.00 58768PAC8 MBART 2022-1 A3 5.21% 8/16/2027 5,123.174/15/2023 4/15/2023 895,000.00 14318UAD3 CARMX 2022-4 A3 5.34% 8/16/2027 3,982.754/15/2023 4/15/2023 775,000.00 14318MAD1 CARMX 2022-3 A3 3.97% 4/15/2027 2,563.964/15/2023 4/15/2023 110,000.00 437076CM2 HOME DEPOT INC (CALLABLE) CORPORATE NOTE 2.70% 4/15/2025 1,485.004/15/2023 4/15/2023 62,654.31 44933FAC0 HART 2020-B A3 0.48% 12/16/2024 25.064/15/2023 4/15/2023 103,222.43 14315XAC2 CARMX 2020-1 A3 1.89% 12/16/2024 162.584/15/2023 4/15/2023 87,050.91 14315FAD9 CARMX 2020-3 A3 0.62% 3/17/2025 44.984/15/2023 4/15/2023 240,000.00 539830BU2 LOCKHEED MARTIN CORP NOTES (CALLABLE) 4.95% 10/15/2025 5,643.004/15/2023 4/15/2023 920,000.00 254683CW3 DCENT 2022-A3 A3 3.56% 7/15/2027 2,729.334/15/2023 4/15/2023 425,000.00 89238FAD5 TAOT 2022-B A3 2.93% 9/15/2026 1,037.714/15/2023 4/15/2023 470,000.00 65480JAC4 NAROT 2022-B A3 4.46% 5/17/2027 1,746.834/15/2023 4/15/2023 425,000.00 14041NGA3 COMET 2022-A2 A 3.49% 5/15/2027 1,236.044/15/2023 4/15/2023 360,000.00 43815BAC4 HAROT 2022-1 A3 1.88% 5/15/2026 564.004/15/2023 4/15/2023 3,000,000.00 91282CDB4 US TREASURY N/B NOTES 0.62% 10/15/2024 9,375.004/15/2023 4/15/2023 12,273.89 65479JAD5 NAROT 2019-C A3 1.93% 7/15/2024 19.744/15/2023 4/15/2023 155,000.00 345286AC2 FORDO 2022-A A3 1.29% 6/15/2026 166.634/15/2023 4/15/2023 330,000.00 44935FAD6 HART 2021-C A3 0.74% 5/15/2026 203.50 39 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
INTEREST4/15/2023 4/15/2023 131,048.16 98163WAC0 WOART 2020-B A3 0.63% 5/15/2025 68.804/15/2023 4/15/2023 350,000.00 20030NCR0 COMCAST CORP (CALLABLE) CORPORATE NOTES 3.70% 4/15/2024 6,475.004/15/2023 4/15/2023 1,090,000.00 02582JJT8 AMXCA 2022-2 A 3.39% 5/17/2027 3,079.254/15/2023 4/15/2023 775,000.00 41284YAD8 HDMOT 2022-A A3 3.06% 2/15/2027 1,976.254/15/2023 4/15/2023 470,000.00 44918MAD2 HART 2022-B A3 3.72% 11/16/2026 1,457.004/15/2023 4/15/2023 555,000.00 50117XAE2 KCOT 2021-2A A3 0.56% 11/17/2025 259.004/15/2023 4/15/2023 265,000.00 58770AAC7 MBART 2023-1 A3 4.51% 11/15/2027 995.964/15/2023 4/15/2023 495,000.00 41285JAD0 HDMOT 2023-A A3 5.05% 12/15/2027 2,083.134/15/2023 4/15/2023 384,701.88 14314QAC8 CARMX 2021-2 A3 0.52% 2/17/2026 166.704/15/2023 4/15/2023 450,000.00 14043QAC6 COPAR 2022-1 A3 3.17% 4/15/2027 1,188.754/15/2023 4/15/2023 898,298.62 14317DAC4 CARMX 2021-3 A3 0.55% 6/15/2026 411.724/15/2023 4/15/2023 51,340.50 65479CAD0 NAROT 2020-B A3 0.55% 7/15/2024 23.534/15/2023 4/15/2023 330,000.00 50117TAC5 KCOT 2021-1A A3 0.62% 8/15/2025 170.504/15/2023 4/15/2023 260,000.00 89231CAD9 TAOT 2022-C A3 3.76% 4/15/2027 814.674/15/2023 4/15/2023 440,000.00 14043GAD6 COPAR 2022-2 A3 3.66% 5/17/2027 1,342.004/15/2023 4/15/2023 160,000.00 91324PEN8 UNITEDHEALTH GROUP INC CORPORATE NOTES 5.15% 10/15/2025 3,822.444/15/2023 4/15/2023 1,125,000.00 02008MAC3 ALLYA 2022-2 A3 4.76% 5/17/2027 4,462.50 40 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
INTEREST4/15/2023 4/15/2023 435,000.00 89238JAC9 TAOT 2021-D A3 0.71% 4/15/2026 257.384/15/2023 4/15/2023 184,903.45 50117EAB0 KCOT 2022-1A A2 2.34% 4/15/2025 360.564/15/2023 4/15/2023 405,000.00 254683CP8 DCENT 2021-A1 A1 0.58% 9/15/2026 195.754/15/2023 4/15/2023 815,000.00 448977AD0 HART 2022-A A3 2.22% 10/15/2026 1,507.754/15/2023 4/15/2023 520,000.00 98163KAC6 WOART 2021-D A3 0.81% 10/15/2026 351.004/15/2023 4/15/2023 720,000.00 50117JAC7 KCOT 2022-2A A3 4.09% 12/15/2026 2,454.004/15/2023 4/15/2023 895,000.00 14041NFY2 COMET 2021-A3 A3 1.04% 11/15/2026 775.674/15/2023 4/15/2023 425,000.00 14044CAC6 COPAR 2021-1 A3 0.77% 9/15/2026 272.714/15/2023 4/15/2023 1,125,000.00 91282CBV2 US TREASURY N/B NOTES 0.37% 4/15/2024 2,109.384/15/2023 4/15/2023 765,000.00 50117EAC8 KCOT 2022-1A A3 2.67% 10/15/2026 1,702.134/15/2023 4/15/2023 510,000.00 50117KAC4 KCOT 2023-1A A3 5.02% 6/15/2027 1,066.754/15/2023 4/15/2023 145,437.53 14316NAC3 CARMX 2021-1 A3 0.34% 12/15/2025 41.214/15/2023 4/15/2023 1,100,000.00 14041NFZ9 COMET 2022-A1 A1 2.80% 3/15/2027 2,566.674/16/2023 4/16/2023 365,000.00 362585AC5 GMCAR 2022-2 A3 3.10% 2/16/2027 942.924/16/2023 4/16/2023 470,000.00 36265WAD5 GMCAR 2022-3 A3 3.64% 4/16/2027 1,425.674/16/2023 4/16/2023 209,225.42 362590AC5 GMCAR 2020-3 A3 0.45% 4/16/2025 78.464/16/2023 4/16/2023 360,000.00 362554AC1 GMCAR 2021-4 A3 0.68% 9/16/2026 204.00 41 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
INTEREST4/16/2023 4/16/2023 750,000.00 3137EAEY1 FREDDIE MAC NOTES 0.12% 10/16/2023 468.754/16/2023 4/16/2023 325,000.00 380146AC4 GMCAR 2022-1 A3 1.26% 11/16/2026 341.254/16/2023 4/16/2023 23,559.28 36258NAC6 GMCAR 2020-1 A3 1.84% 9/16/2024 36.124/18/2023 4/18/2023 102,164.21 43813KAC6 HAROT 2020-3 A3 0.37% 10/18/2024 31.504/20/2023 4/20/2023 225,000.00 92868AAC9 VWALT 2022-A A3 3.44% 7/21/2025 645.004/20/2023 4/20/2023 11,231.33 92348TAA2 VZOT 2020-A A1A 1.85% 7/22/2024 17.314/20/2023 4/20/2023 570,000.00 92868KAC7 VALET 2021-1 A3 1.02% 6/22/2026 484.504/20/2023 4/20/2023 184,200.38 92290BAA9 VZOT 2020-B A 0.47% 2/20/2025 72.154/20/2023 4/20/2023 28,650.54 36261RAC2 GMALT 2021-1 A3 0.26% 2/20/2024 6.214/20/2023 4/20/2023 187,393.17 89238EAC0 TLOT 2021-A A3 0.39% 4/22/2024 60.904/20/2023 4/20/2023 245,284.76 380144AC9 GMALT 2021-2 A3 0.34% 5/20/2024 69.504/21/2023 4/21/2023 430,000.00 43815GAC3 HAROT 2021-4 A3 0.88% 1/21/2026 315.334/22/2023 4/22/2023 650,000.00 949746RW3 WELLS FARGO & CO CORP NOTES 3.00% 4/22/2026 9,750.004/24/2023 4/24/2023 525,000.00 06051GJH3 BANK OF AMERICA CORP (CALLABLE) CORPORAT 0.81% 10/24/2024 2,126.254/25/2023 4/25/2023 670,000.00 06406RAX5 BANK OF NY MELLON CORP (CALLABLE) CORPOR 0.85% 10/25/2024 2,847.504/25/2023 4/25/2023 1,450,000.00 06406RBC0 BANK OF NY MELLON CORP (CALLABLE) CORP N 3.35% 4/25/2025 24,287.504/25/2023 4/25/2023 410,000.00 05602RAD3 BMWOT 2022-A A3 3.21% 8/25/2026 1,096.75 42 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
INTEREST4/25/2023 4/25/2023 34,629.96 05591RAC8 BMWLT 2021-1 A3 0.29% 1/25/2024 8.374/25/2023 4/25/2023 59,165.44 09661RAD3 BMWOT 2020-A A3 0.48% 10/25/2024 23.674/26/2023 4/26/2023 700,000.00 46647PCZ7 JPMORGAN CHASE & CO (CALLABLE) CORPORATE 4.08% 4/26/2026 14,280.004/28/2023 4/28/2023 475,000.00 693475BH7 PNC FINANCIAL SERVICES CORP NOTE (CALLAB 5.67% 10/28/2025 13,468.634/28/2023 4/28/2023 495,000.00 89788MAJ1 TRUIST FINANCIAL CORP NOTES (CALLABLE) 5.90% 10/28/2026 14,602.504/30/2023 4/30/2023 1,450,000.00 9128284M9 US TREASURY NOTES 2.87% 4/30/2025 20,843.754/30/2023 4/30/2023 1,150,000.00 912828X70 US TREASURY NOTES 2.00% 4/30/2024 11,500.004/30/2023 4/30/2023 650,000.00 172967MT5 CITIGROUP INC CORP NOTES (CALLABLE) 0.77% 10/30/2024 2,522.004/30/2023 4/30/2023 135,000.00 63743HFF4 NATIONAL RURAL UTIL COOP CORPORATE NOTES 5.45% 10/30/2025 3,678.754/30/2023 4/30/2023 1,800,000.00 912828YM6 US TREASURY NOTES 1.50% 10/31/2024 13,500.005/1/2023 5/1/2023 635,000.00 438516CH7 HONEYWELL INTERNATIONAL CORPORATE NOTES 4.85% 11/1/2024 15,313.205/1/2023 5/1/2023 400,000.00 13077DNB4 CA ST UNIV TXBL REV BONDS 0.47% 11/1/2023 950.005/1/2023 5/1/2023 315,000.00 17252MAP5 CINTAS CORPORATION NO. 2 CORP NOTE (CALL 3.45% 5/1/2025 5,433.755/1/2023 5/1/2023 575,000.00 90327QD89 USAA CAPITAL CORP CORPORATE NOTES 3.37% 5/1/2025 9,703.135/1/2023 5/1/2023 230,000.00 172967MX6 CITIGROUP INC (CALLABLE) CORPORATE NOTES 0.98% 5/1/2025 1,128.155/1/2023 5/1/2023 MONEY0002 MONEY MARKET FUND 1,562.895/1/2023 5/25/2023 600,000.00 3137BRQJ7 FHMS K057 A2 2.57% 7/1/2026 1,285.00 43 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
INTEREST5/1/2023 5/25/2023 1,000,000.00 3137BKRJ1 FHMS K047 A2 3.32% 5/1/2025 2,774.175/1/2023 5/25/2023 850,000.00 3137BJP64 FHMS K046 A2 3.20% 3/1/2025 2,270.215/1/2023 5/25/2023 815,023.84 3136ARTE8 FNA 2016-M3 A2 2.70% 2/1/2026 1,835.165/1/2023 5/25/2023 1,025,000.00 3137BN6G4 FHMS K053 A2 2.99% 12/1/2025 2,558.235/1/2023 5/25/2023 1,404,513.05 3137BHXJ1 FHMS K045 A2 3.02% 1/1/2025 3,538.205/1/2023 5/25/2023 598,533.58 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 1,870.425/1/2023 5/25/2023 1,450,000.00 3137BLMZ8 FHLMC SERIES K049 A2 3.01% 7/1/2025 3,637.085/1/2023 5/25/2023 600,000.00 3137BM7C4 FHMS K052 A1 3.30% 9/1/2025 1,654.005/1/2023 5/25/2023 850,000.00 3137BFE98 FHMS K041 A2 3.17% 10/1/2024 2,246.135/1/2023 5/25/2023 450,000.00 3137BNGT5 FHMS K054 A2 2.74% 1/1/2026 1,029.385/1/2023 5/25/2023 53,976.01 3137FCM35 FHLMC MULTIFAMILY STRUCTURED P POOL 2.95% 2/1/2024 132.745/1/2023 5/25/2023 1,380,690.83 3137FBTA4 FHLMC MULTIFAMILY STRUCTURED POOL 3.06% 8/1/2024 3,525.365/1/2023 5/25/2023 750,000.00 3137BSP72 FHMS K058 A2 2.65% 8/1/2026 1,658.135/1/2023 5/25/2023 1,000,000.00 3137BEVH4 FHLMC MULTIFAMILY STRUCTURED P 3.24% 9/1/2024 2,700.835/3/2023 5/3/2023 1,425,000.00 65558UYF3 NORDEA BANK ABP NEW YORK CERT DEPOS 5.53% 11/3/2025 39,401.255/4/2023 5/4/2023 205,000.00 857477BX0 STATE STREET CORP NOTES (CALLABLE) 5.75% 11/4/2026 5,894.785/6/2023 5/6/2023 2,980,000.00 3137EAEZ8 FREDDIE MAC NOTES 0.25% 11/6/2023 3,725.00 44 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
INTEREST5/7/2023 5/7/2023 135,000.00 20030NDZ1 COMCAST CORP CORPORATE NOTES 5.25% 11/7/2025 3,543.755/10/2023 5/10/2023 240,000.00 6174468T9 MORGAN STANLEY CORP NOTES (CALLABLE) 5.51% 11/10/2023 3,086.265/12/2023 5/12/2023 1,060,000.00 023135BW5 AMAZON.COM INC CORPORATE NOTES 0.45% 5/12/2024 2,385.005/13/2023 5/13/2023 150,000.00 14913R2V8 CATERPILLAR FINL SERVICE CORPORATE NOTES 3.40% 5/13/2025 2,550.005/15/2023 5/15/2023 500,000.00 91324PEB4 UNITEDHEALTH GROUP INC (CALLABLE) CORP N 0.55% 5/15/2024 1,375.005/15/2023 5/15/2023 920,000.00 254683CW3 DCENT 2022-A3 A3 3.56% 7/15/2027 2,729.335/15/2023 5/15/2023 260,000.00 89231CAD9 TAOT 2022-C A3 3.76% 4/15/2027 814.675/15/2023 5/15/2023 134,883.57 14316NAC3 CARMX 2021-1 A3 0.34% 12/15/2025 38.225/15/2023 5/15/2023 1,125,000.00 02008MAC3 ALLYA 2022-2 A3 4.76% 5/17/2027 4,462.505/15/2023 5/15/2023 114,710.19 98163WAC0 WOART 2020-B A3 0.63% 5/15/2025 60.225/15/2023 5/15/2023 250,000.00 891940AC2 TAOT 2023-A A3 4.63% 9/15/2027 964.585/15/2023 5/15/2023 555,000.00 50117XAE2 KCOT 2021-2A A3 0.56% 11/17/2025 259.005/15/2023 5/15/2023 172,552.27 14316HAC6 CARMX 2020-4 A3 0.50% 8/15/2025 71.905/15/2023 5/15/2023 425,000.00 14041NGA3 COMET 2022-A2 A 3.49% 5/15/2027 1,236.045/15/2023 5/15/2023 155,000.00 345286AC2 FORDO 2022-A A3 1.29% 6/15/2026 166.635/15/2023 5/15/2023 168,502.69 50117EAB0 KCOT 2022-1A A2 2.34% 4/15/2025 328.585/15/2023 5/15/2023 265,000.00 58770AAC7 MBART 2023-1 A3 4.51% 11/15/2027 995.96 45 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
INTEREST5/15/2023 5/15/2023 470,000.00 44918MAD2 HART 2022-B A3 3.72% 11/16/2026 1,457.005/15/2023 5/15/2023 440,000.00 14043GAD6 COPAR 2022-2 A3 3.66% 5/17/2027 1,342.005/15/2023 5/15/2023 775,000.00 14318MAD1 CARMX 2022-3 A3 3.97% 4/15/2027 2,563.965/15/2023 5/15/2023 460,000.00 254683CY9 DCENT 2023-A1 A 4.31% 3/15/2028 1,872.465/15/2023 5/15/2023 495,000.00 41285JAD0 HDMOT 2023-A A3 5.05% 12/15/2027 2,083.135/15/2023 5/15/2023 1,100,000.00 14041NFZ9 COMET 2022-A1 A1 2.80% 3/15/2027 2,566.675/15/2023 5/15/2023 64,503.76 58769VAC4 MBART 2020-1 A3 0.55% 2/18/2025 29.565/15/2023 5/15/2023 895,000.00 14318UAD3 CARMX 2022-4 A3 5.34% 8/16/2027 3,982.755/15/2023 5/15/2023 405,000.00 254683CP8 DCENT 2021-A1 A1 0.58% 9/15/2026 195.755/15/2023 5/15/2023 73,119.02 14315FAD9 CARMX 2020-3 A3 0.62% 3/17/2025 37.785/15/2023 5/15/2023 590,000.00 14317HAC5 CARMX 2022-2 A3 3.49% 2/16/2027 1,715.925/15/2023 5/15/2023 48,840.74 44933FAC0 HART 2020-B A3 0.48% 12/16/2024 19.545/15/2023 5/15/2023 3,250,000.00 91282CEQ0 US TREASURY N/B NOTES 2.75% 5/15/2025 44,687.505/15/2023 5/15/2023 318,167.80 50117TAC5 KCOT 2021-1A A3 0.62% 8/15/2025 164.395/15/2023 5/15/2023 1,180,000.00 58768PAC8 MBART 2022-1 A3 5.21% 8/16/2027 5,123.175/15/2023 5/15/2023 470,000.00 65480JAC4 NAROT 2022-B A3 4.46% 5/17/2027 1,746.835/15/2023 5/15/2023 520,000.00 98163KAC6 WOART 2021-D A3 0.81% 10/15/2026 351.00 46 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
INTEREST5/15/2023 5/15/2023 360,000.00 43815BAC4 HAROT 2022-1 A3 1.88% 5/15/2026 564.005/15/2023 5/15/2023 815,000.00 448977AD0 HART 2022-A A3 2.22% 10/15/2026 1,507.755/15/2023 5/15/2023 425,000.00 89238FAD5 TAOT 2022-B A3 2.93% 9/15/2026 1,037.715/15/2023 5/15/2023 425,000.00 14044CAC6 COPAR 2021-1 A3 0.77% 9/15/2026 272.715/15/2023 5/15/2023 380,000.00 344928AD8 FORDO 2023-A A3 4.65% 2/15/2028 1,472.505/15/2023 5/15/2023 33,344.47 65479CAD0 NAROT 2020-B A3 0.55% 7/15/2024 15.285/15/2023 5/15/2023 359,606.67 14314QAC8 CARMX 2021-2 A3 0.52% 2/17/2026 155.835/15/2023 5/15/2023 1,090,000.00 02582JJT8 AMXCA 2022-2 A 3.39% 5/17/2027 3,079.255/15/2023 5/15/2023 510,000.00 50117KAC4 KCOT 2023-1A A3 5.02% 6/15/2027 2,133.505/15/2023 5/15/2023 1,700,000.00 91282CDH1 US TREASURY N/B NOTES 0.75% 11/15/2024 6,375.005/15/2023 5/15/2023 84,569.84 14315XAC2 CARMX 2020-1 A3 1.89% 12/16/2024 133.205/15/2023 5/15/2023 330,000.00 44935FAD6 HART 2021-C A3 0.74% 5/15/2026 203.505/15/2023 5/15/2023 775,000.00 41284YAD8 HDMOT 2022-A A3 3.06% 2/15/2027 1,976.255/15/2023 5/15/2023 765,000.00 50117EAC8 KCOT 2022-1A A3 2.67% 10/15/2026 1,702.135/15/2023 5/15/2023 849,229.44 14317DAC4 CARMX 2021-3 A3 0.55% 6/15/2026 389.235/15/2023 5/15/2023 220,969.10 44933LAC7 HART 2021-A A3 0.38% 9/15/2025 69.975/15/2023 5/15/2023 720,000.00 50117JAC7 KCOT 2022-2A A3 4.09% 12/15/2026 2,454.00 47 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
INTEREST5/15/2023 5/15/2023 895,000.00 14041NFY2 COMET 2021-A3 A3 1.04% 11/15/2026 775.675/15/2023 5/15/2023 450,000.00 14043QAC6 COPAR 2022-1 A3 3.17% 4/15/2027 1,188.755/15/2023 5/15/2023 2,700,000.00 91282CFW6 US TREASURY N/B NOTES 4.50% 11/15/2025 60,750.005/15/2023 5/15/2023 435,000.00 89238JAC9 TAOT 2021-D A3 0.71% 4/15/2026 257.385/16/2023 5/16/2023 390,000.00 362583AD8 GMCAR 2023-2 A3 4.47% 2/16/2028 1,646.455/16/2023 5/16/2023 365,000.00 362585AC5 GMCAR 2022-2 A3 3.10% 2/16/2027 942.925/16/2023 5/16/2023 185,357.51 362590AC5 GMCAR 2020-3 A3 0.45% 4/16/2025 69.515/16/2023 5/16/2023 325,000.00 380146AC4 GMCAR 2022-1 A3 1.26% 11/16/2026 341.255/16/2023 5/16/2023 470,000.00 36265WAD5 GMCAR 2022-3 A3 3.64% 4/16/2027 1,425.675/16/2023 5/16/2023 11,849.92 36258NAC6 GMCAR 2020-1 A3 1.84% 9/16/2024 18.175/16/2023 5/16/2023 360,000.00 362554AC1 GMCAR 2021-4 A3 0.68% 9/16/2026 204.005/18/2023 5/18/2023 155,000.00 882508BR4 TEXAS INSTRUMENTS INC CORPORATE NOTES 4.70% 11/18/2024 3,642.505/18/2023 5/18/2023 88,836.68 43813KAC6 HAROT 2020-3 A3 0.37% 10/18/2024 27.395/20/2023 5/20/2023 143,510.95 92290BAA9 VZOT 2020-B A 0.47% 2/20/2025 56.215/20/2023 5/20/2023 570,000.00 92868KAC7 VALET 2021-1 A3 1.02% 6/22/2026 484.505/20/2023 5/20/2023 137,476.77 89238EAC0 TLOT 2021-A A3 0.39% 4/22/2024 44.685/20/2023 5/20/2023 225,000.00 92868AAC9 VWALT 2022-A A3 3.44% 7/21/2025 645.00 48 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
INTEREST5/20/2023 5/20/2023 185,910.98 380144AC9 GMALT 2021-2 A3 0.34% 5/20/2024 52.675/21/2023 5/21/2023 430,000.00 43815GAC3 HAROT 2021-4 A3 0.88% 1/21/2026 315.335/24/2023 5/24/2023 1,070,000.00 40428HTA0 HSBC USA INC CORPORATE NOTES 3.75% 5/24/2024 20,062.505/25/2023 5/25/2023 410,000.00 05602RAD3 BMWOT 2022-A A3 3.21% 8/25/2026 1,096.755/25/2023 5/25/2023 44,639.18 09661RAD3 BMWOT 2020-A A3 0.48% 10/25/2024 17.865/25/2023 5/25/2023 8,644.65 05591RAC8 BMWLT 2021-1 A3 0.29% 1/25/2024 2.095/28/2023 5/28/2023 695,000.00 04636NAC7 ASTRAZENECA FINANCE LLC (CALLABLE) CORP 0.70% 5/28/2024 2,432.505/31/2023 5/31/2023 2,950,000.00 912828YV6 US TREASURY NOTES 1.50% 11/30/2024 22,125.006/1/2023 6/1/2023 MONEY0002 MONEY MARKET FUND 1,418.686/1/2023 6/1/2023 100,000.00 13067WRA2 CA ST DEPT WTR RES WTR SYS TXBL REV BNDS 0.41% 12/1/2023 207.006/1/2023 6/1/2023 630,000.00 46647PCH7 JPMORGAN CHASE & CO (CALLABLE) CORP NOTE 0.82% 6/1/2025 2,595.606/1/2023 6/25/2023 1,378,609.34 3137FBTA4 FHLMC MULTIFAMILY STRUCTURED POOL 3.06% 8/1/2024 3,520.056/1/2023 6/25/2023 600,000.00 3137BM7C4 FHMS K052 A1 3.30% 9/1/2025 1,654.006/1/2023 6/25/2023 850,000.00 3137BFE98 FHMS K041 A2 3.17% 10/1/2024 2,246.136/1/2023 6/25/2023 47,849.88 3137FCM35 FHLMC MULTIFAMILY STRUCTURED P POOL 2.95% 2/1/2024 117.676/1/2023 6/25/2023 1,025,000.00 3137BN6G4 FHMS K053 A2 2.99% 12/1/2025 2,558.236/1/2023 6/25/2023 850,000.00 3137BJP64 FHMS K046 A2 3.20% 3/1/2025 2,270.21 49 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
INTEREST6/1/2023 6/25/2023 1,000,000.00 3137BKRJ1 FHMS K047 A2 3.32% 5/1/2025 2,774.176/1/2023 6/25/2023 450,000.00 3137BNGT5 FHMS K054 A2 2.74% 1/1/2026 1,029.386/1/2023 6/25/2023 520,000.00 3137BTUM1 FHMS K061 A2 3.34% 11/1/2026 1,450.376/1/2023 6/25/2023 775,087.01 3136ARTE8 FNA 2016-M3 A2 2.70% 2/1/2026 1,745.246/1/2023 6/25/2023 750,000.00 3137BSP72 FHMS K058 A2 2.65% 8/1/2026 1,658.136/1/2023 6/25/2023 1,450,000.00 3137BLMZ8 FHLMC SERIES K049 A2 3.01% 7/1/2025 3,637.086/1/2023 6/25/2023 1,401,980.36 3137BHXJ1 FHMS K045 A2 3.02% 1/1/2025 3,531.826/1/2023 6/25/2023 598,218.22 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 1,869.436/1/2023 6/25/2023 1,275,000.00 3137BRQJ7 FHMS K057 A2 2.57% 7/1/2026 2,730.636/1/2023 6/25/2023 1,000,000.00 3137BEVH4 FHLMC MULTIFAMILY STRUCTURED P 3.24% 9/1/2024 2,700.836/4/2023 6/4/2023 2,400,000.00 3137EAFA2 FREDDIE MAC NOTES 0.25% 12/4/2023 3,000.006/5/2023 6/5/2023 1,065,000.00 53522KAB9 LINDE INC/CT CORPORATE NOTES (CALLABLE) 4.70% 12/5/2025 25,027.506/6/2023 6/6/2023 1,000,000.00 06051GKE8 BANK OF AMERICA CORP NOTES (CALLABLE) 1.53% 12/6/2025 7,650.006/6/2023 6/6/2023 310,000.00 24422EWF2 JOHN DEERE CAPITAL CORP CORPORATE NOTES 3.40% 6/6/2025 5,270.006/8/2023 6/8/2023 595,000.00 05254JAA8 AUST & NZ BANKING GRP NY CORPORATE NOTES 5.08% 12/8/2025 15,136.806/9/2023 6/9/2023 780,000.00 63254ABD9 NATIONAL AUSTRALIA BK/NY CORPORATE NOTES 3.50% 6/9/2025 13,650.006/15/2023 6/15/2023 425,000.00 89238FAD5 TAOT 2022-B A3 2.93% 9/15/2026 1,037.71 50 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
INTEREST6/15/2023 6/15/2023 807,573.50 14317DAC4 CARMX 2021-3 A3 0.55% 6/15/2026 370.146/15/2023 6/15/2023 157,847.89 14316HAC6 CARMX 2020-4 A3 0.50% 8/15/2025 65.776/15/2023 6/15/2023 470,000.00 65480JAC4 NAROT 2022-B A3 4.46% 5/17/2027 1,746.836/15/2023 6/15/2023 815,000.00 448977AD0 HART 2022-A A3 2.22% 10/15/2026 1,507.756/15/2023 6/15/2023 590,000.00 891941AD8 TAOT 2023-B A3 4.71% 2/15/2028 1,698.226/15/2023 6/15/2023 460,000.00 254683CY9 DCENT 2023-A1 A 4.31% 3/15/2028 1,652.176/15/2023 6/15/2023 2,325,000.00 91282CCG4 US TREASURY N/B NOTES 0.25% 6/15/2024 2,906.256/15/2023 6/15/2023 54,961.65 58769VAC4 MBART 2020-1 A3 0.55% 2/18/2025 25.196/15/2023 6/15/2023 250,000.00 891940AC2 TAOT 2023-A A3 4.63% 9/15/2027 964.586/15/2023 6/15/2023 895,000.00 14318UAD3 CARMX 2022-4 A3 5.34% 8/16/2027 3,982.756/15/2023 6/15/2023 920,000.00 254683CW3 DCENT 2022-A3 A3 3.56% 7/15/2027 2,729.336/15/2023 6/15/2023 495,000.00 41285JAD0 HDMOT 2023-A A3 5.05% 12/15/2027 2,083.136/15/2023 6/15/2023 68,611.20 14315XAC2 CARMX 2020-1 A3 1.89% 12/16/2024 108.066/15/2023 6/15/2023 330,000.00 44935FAD6 HART 2021-C A3 0.74% 5/15/2026 203.506/15/2023 6/15/2023 895,000.00 14041NFY2 COMET 2021-A3 A3 1.04% 11/15/2026 775.676/15/2023 6/15/2023 440,000.00 14043GAD6 COPAR 2022-2 A3 3.66% 5/17/2027 1,342.006/15/2023 6/15/2023 1,090,000.00 02582JJT8 AMXCA 2022-2 A 3.39% 5/17/2027 3,079.25 51 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
INTEREST6/15/2023 6/15/2023 405,000.00 254683CP8 DCENT 2021-A1 A1 0.58% 9/15/2026 195.756/15/2023 6/15/2023 18,721.01 65479CAD0 NAROT 2020-B A3 0.55% 7/15/2024 8.586/15/2023 6/15/2023 775,000.00 41284YAD8 HDMOT 2022-A A3 3.06% 2/15/2027 1,976.256/15/2023 6/15/2023 590,000.00 14317HAC5 CARMX 2022-2 A3 3.49% 2/16/2027 1,715.926/15/2023 6/15/2023 1,180,000.00 58768PAC8 MBART 2022-1 A3 5.21% 8/16/2027 5,123.176/15/2023 6/15/2023 1,125,000.00 02008MAC3 ALLYA 2022-2 A3 4.76% 5/17/2027 4,462.506/15/2023 6/15/2023 555,000.00 50117XAE2 KCOT 2021-2A A3 0.56% 11/17/2025 259.006/15/2023 6/15/2023 510,000.00 50117KAC4 KCOT 2023-1A A3 5.02% 6/15/2027 2,133.506/15/2023 6/15/2023 360,000.00 43815BAC4 HAROT 2022-1 A3 1.88% 5/15/2026 564.006/15/2023 6/15/2023 145,000.00 63743HFE7 NATIONAL RURAL UTIL COOP CORPORATE NOTES 3.45% 6/15/2025 2,501.256/15/2023 6/15/2023 101,409.62 98163WAC0 WOART 2020-B A3 0.63% 5/15/2025 53.246/15/2023 6/15/2023 36,644.94 44933FAC0 HART 2020-B A3 0.48% 12/16/2024 14.666/15/2023 6/15/2023 61,214.19 14315FAD9 CARMX 2020-3 A3 0.62% 3/17/2025 31.636/15/2023 6/15/2023 125,411.89 14316NAC3 CARMX 2021-1 A3 0.34% 12/15/2025 35.536/15/2023 6/15/2023 435,000.00 89238JAC9 TAOT 2021-D A3 0.71% 4/15/2026 257.386/15/2023 6/15/2023 203,893.03 44933LAC7 HART 2021-A A3 0.38% 9/15/2025 64.576/15/2023 6/15/2023 765,000.00 50117EAC8 KCOT 2022-1A A3 2.67% 10/15/2026 1,702.13 52 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
INTEREST6/15/2023 6/15/2023 365,000.00 437927AC0 HAROT 2023-2 A3 4.93% 11/15/2027 749.776/15/2023 6/15/2023 265,000.00 58770AAC7 MBART 2023-1 A3 4.51% 11/15/2027 995.966/15/2023 6/15/2023 155,000.00 345286AC2 FORDO 2022-A A3 1.29% 6/15/2026 166.636/15/2023 6/15/2023 450,000.00 14043QAC6 COPAR 2022-1 A3 3.17% 4/15/2027 1,188.756/15/2023 6/15/2023 470,000.00 44918MAD2 HART 2022-B A3 3.72% 11/16/2026 1,457.006/15/2023 6/15/2023 260,000.00 89231CAD9 TAOT 2022-C A3 3.76% 4/15/2027 814.676/15/2023 6/15/2023 425,000.00 14041NGA3 COMET 2022-A2 A 3.49% 5/15/2027 1,236.046/15/2023 6/15/2023 2,150,000.00 91282CDN8 US TREASURY N/B NOTES 1.00% 12/15/2024 10,750.006/15/2023 6/15/2023 1,450,000.00 91282CEU1 US TREASURY N/B NOTES 2.87% 6/15/2025 20,843.756/15/2023 6/15/2023 1,100,000.00 14041NFZ9 COMET 2022-A1 A1 2.80% 3/15/2027 2,566.676/15/2023 6/15/2023 298,752.53 50117TAC5 KCOT 2021-1A A3 0.62% 8/15/2025 154.366/15/2023 6/15/2023 380,000.00 344928AD8 FORDO 2023-A A3 4.65% 2/15/2028 1,472.506/15/2023 6/15/2023 775,000.00 14318MAD1 CARMX 2022-3 A3 3.97% 4/15/2027 2,563.966/15/2023 6/15/2023 153,489.23 50117EAB0 KCOT 2022-1A A2 2.34% 4/15/2025 299.306/15/2023 6/15/2023 337,394.73 14314QAC8 CARMX 2021-2 A3 0.52% 2/17/2026 146.206/15/2023 6/15/2023 425,000.00 14044CAC6 COPAR 2021-1 A3 0.77% 9/15/2026 272.716/15/2023 6/15/2023 520,000.00 98163KAC6 WOART 2021-D A3 0.81% 10/15/2026 351.00 53 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
INTEREST6/15/2023 6/15/2023 720,000.00 50117JAC7 KCOT 2022-2A A3 4.09% 12/15/2026 2,454.006/15/2023 6/15/2023 800,000.00 91282CGA3 US TREASURY N/B NOTES 4.00% 12/15/2025 16,000.006/16/2023 6/16/2023 325,000.00 380146AC4 GMCAR 2022-1 A3 1.26% 11/16/2026 341.256/16/2023 6/16/2023 390,000.00 362583AD8 GMCAR 2023-2 A3 4.47% 2/16/2028 1,452.756/16/2023 6/16/2023 1,830.88 36258NAC6 GMCAR 2020-1 A3 1.84% 9/16/2024 2.816/16/2023 6/16/2023 360,000.00 362554AC1 GMCAR 2021-4 A3 0.68% 9/16/2026 204.006/16/2023 6/16/2023 163,687.66 362590AC5 GMCAR 2020-3 A3 0.45% 4/16/2025 61.386/16/2023 6/16/2023 470,000.00 36265WAD5 GMCAR 2022-3 A3 3.64% 4/16/2027 1,425.676/16/2023 6/16/2023 365,000.00 362585AC5 GMCAR 2022-2 A3 3.10% 2/16/2027 942.926/18/2023 6/18/2023 77,361.19 43813KAC6 HAROT 2020-3 A3 0.37% 10/18/2024 23.856/20/2023 6/20/2023 570,000.00 92868KAC7 VALET 2021-1 A3 1.02% 6/22/2026 484.506/20/2023 6/20/2023 130,257.16 380144AC9 GMALT 2021-2 A3 0.34% 5/20/2024 36.916/20/2023 6/20/2023 97,732.43 89238EAC0 TLOT 2021-A A3 0.39% 4/22/2024 31.766/20/2023 6/20/2023 225,000.00 92868AAC9 VWALT 2022-A A3 3.44% 7/21/2025 645.006/20/2023 6/20/2023 109,867.48 92290BAA9 VZOT 2020-B A 0.47% 2/20/2025 43.036/21/2023 6/21/2023 430,000.00 43815GAC3 HAROT 2021-4 A3 0.88% 1/21/2026 315.336/25/2023 6/25/2023 410,000.00 05602RAD3 BMWOT 2022-A A3 3.21% 8/25/2026 1,096.75 54 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
INTEREST6/25/2023 6/25/2023 31,791.01 09661RAD3 BMWOT 2020-A A3 0.48% 10/25/2024 12.72 Total INTEREST 173,067,843.01 858,292.36 0.00
MATURITY5/10/2023 5/10/2023 175,000.00 02665WDH1 AMERICAN HONDA FINANCE 1.95% 5/10/2023 176,706.25 Total MATURITY 175,000.00 176,706.25 0.00
PAYDOWNS4/1/2023 4/25/2023 1,402.11 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 1,402.114/1/2023 4/25/2023 1,940.84 3137FBTA4 FHLMC MULTIFAMILY STRUCTURED POOL 3.06% 8/1/2024 1,940.844/1/2023 4/25/2023 2,387.92 3137BHXJ1 FHMS K045 A2 3.02% 1/1/2025 2,387.924/1/2023 4/25/2023 5,729.54 3137FCM35 FHLMC MULTIFAMILY STRUCTURED P POOL 2.95% 2/1/2024 5,729.544/1/2023 4/25/2023 214,512.44 3136ARTE8 FNA 2016-M3 A2 2.70% 2/1/2026 214,512.44 12,133.364/15/2023 4/15/2023 25,095.21 14314QAC8 CARMX 2021-2 A3 0.52% 2/17/2026 25,095.214/15/2023 4/15/2023 13,931.89 14315FAD9 CARMX 2020-3 A3 0.62% 3/17/2025 13,931.894/15/2023 4/15/2023 18,971.16 44933LAC7 HART 2021-A A3 0.38% 9/15/2025 18,971.164/15/2023 4/15/2023 17,996.03 65479CAD0 NAROT 2020-B A3 0.55% 7/15/2024 17,996.034/15/2023 4/15/2023 11,832.20 50117TAC5 KCOT 2021-1A A3 0.62% 8/15/2025 11,832.204/15/2023 4/15/2023 16,337.97 98163WAC0 WOART 2020-B A3 0.63% 5/15/2025 16,337.97 55 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
PAYDOWNS4/15/2023 4/15/2023 16,816.38 14316HAC6 CARMX 2020-4 A3 0.50% 8/15/2025 16,816.384/15/2023 4/15/2023 18,652.59 14315XAC2 CARMX 2020-1 A3 1.89% 12/16/2024 18,652.594/15/2023 4/15/2023 12,273.89 65479JAD5 NAROT 2019-C A3 1.93% 7/15/2024 12,273.894/15/2023 4/15/2023 49,069.18 14317DAC4 CARMX 2021-3 A3 0.55% 6/15/2026 49,069.184/15/2023 4/15/2023 13,813.57 44933FAC0 HART 2020-B A3 0.48% 12/16/2024 13,813.574/15/2023 4/15/2023 11,722.47 58769VAC4 MBART 2020-1 A3 0.55% 2/18/2025 11,722.474/15/2023 4/15/2023 16,400.76 50117EAB0 KCOT 2022-1A A2 2.34% 4/15/2025 16,400.764/15/2023 4/15/2023 10,553.96 14316NAC3 CARMX 2021-1 A3 0.34% 12/15/2025 10,553.964/16/2023 4/16/2023 23,867.91 362590AC5 GMCAR 2020-3 A3 0.45% 4/16/2025 23,867.914/16/2023 4/16/2023 11,709.36 36258NAC6 GMCAR 2020-1 A3 1.84% 9/16/2024 11,709.364/18/2023 4/18/2023 13,327.53 43813KAC6 HAROT 2020-3 A3 0.37% 10/18/2024 13,327.534/20/2023 4/20/2023 11,231.33 92348TAA2 VZOT 2020-A A1A 1.85% 7/22/2024 11,231.334/20/2023 4/20/2023 40,689.43 92290BAA9 VZOT 2020-B A 0.47% 2/20/2025 40,689.434/20/2023 4/20/2023 28,650.54 36261RAC2 GMALT 2021-1 A3 0.26% 2/20/2024 28,650.544/20/2023 4/20/2023 59,373.78 380144AC9 GMALT 2021-2 A3 0.34% 5/20/2024 59,373.784/20/2023 4/20/2023 49,916.40 89238EAC0 TLOT 2021-A A3 0.39% 4/22/2024 49,916.404/25/2023 4/25/2023 14,526.26 09661RAD3 BMWOT 2020-A A3 0.48% 10/25/2024 14,526.26 56 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
PAYDOWNS4/25/2023 4/25/2023 25,985.31 05591RAC8 BMWLT 2021-1 A3 0.29% 1/25/2024 25,985.315/1/2023 5/25/2023 2,532.69 3137BHXJ1 FHMS K045 A2 3.02% 1/1/2025 2,532.695/1/2023 5/25/2023 6,126.13 3137FCM35 FHLMC MULTIFAMILY STRUCTURED P POOL 2.95% 2/1/2024 6,126.135/1/2023 5/25/2023 315.36 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 315.365/1/2023 5/25/2023 39,936.83 3136ARTE8 FNA 2016-M3 A2 2.70% 2/1/2026 39,936.835/1/2023 5/25/2023 2,081.49 3137FBTA4 FHLMC MULTIFAMILY STRUCTURED POOL 3.06% 8/1/2024 2,081.495/15/2023 5/15/2023 9,542.11 58769VAC4 MBART 2020-1 A3 0.55% 2/18/2025 9,542.115/15/2023 5/15/2023 22,211.94 14314QAC8 CARMX 2021-2 A3 0.52% 2/17/2026 22,211.945/15/2023 5/15/2023 11,904.83 14315FAD9 CARMX 2020-3 A3 0.62% 3/17/2025 11,904.835/15/2023 5/15/2023 15,958.64 14315XAC2 CARMX 2020-1 A3 1.89% 12/16/2024 15,958.645/15/2023 5/15/2023 14,704.38 14316HAC6 CARMX 2020-4 A3 0.50% 8/15/2025 14,704.385/15/2023 5/15/2023 13,300.57 98163WAC0 WOART 2020-B A3 0.63% 5/15/2025 13,300.575/15/2023 5/15/2023 17,076.07 44933LAC7 HART 2021-A A3 0.38% 9/15/2025 17,076.075/15/2023 5/15/2023 41,655.94 14317DAC4 CARMX 2021-3 A3 0.55% 6/15/2026 41,655.945/15/2023 5/15/2023 14,623.46 65479CAD0 NAROT 2020-B A3 0.55% 7/15/2024 14,623.465/15/2023 5/15/2023 19,415.27 50117TAC5 KCOT 2021-1A A3 0.62% 8/15/2025 19,415.275/15/2023 5/15/2023 12,195.80 44933FAC0 HART 2020-B A3 0.48% 12/16/2024 12,195.80 57 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
PAYDOWNS5/15/2023 5/15/2023 9,471.68 14316NAC3 CARMX 2021-1 A3 0.34% 12/15/2025 9,471.685/15/2023 5/15/2023 15,013.46 50117EAB0 KCOT 2022-1A A2 2.34% 4/15/2025 15,013.465/16/2023 5/16/2023 10,019.04 36258NAC6 GMCAR 2020-1 A3 1.84% 9/16/2024 10,019.045/16/2023 5/16/2023 21,669.85 362590AC5 GMCAR 2020-3 A3 0.45% 4/16/2025 21,669.855/18/2023 5/18/2023 11,475.49 43813KAC6 HAROT 2020-3 A3 0.37% 10/18/2024 11,475.495/20/2023 5/20/2023 55,653.82 380144AC9 GMALT 2021-2 A3 0.34% 5/20/2024 55,653.825/20/2023 5/20/2023 33,643.47 92290BAA9 VZOT 2020-B A 0.47% 2/20/2025 33,643.475/20/2023 5/20/2023 39,744.34 89238EAC0 TLOT 2021-A A3 0.39% 4/22/2024 39,744.345/25/2023 5/25/2023 8,644.65 05591RAC8 BMWLT 2021-1 A3 0.29% 1/25/2024 8,644.655/25/2023 5/25/2023 12,848.17 09661RAD3 BMWOT 2020-A A3 0.48% 10/25/2024 12,848.176/1/2023 6/25/2023 2,404.40 3137BHXJ1 FHMS K045 A2 3.02% 1/1/2025 2,404.406/1/2023 6/25/2023 292.34 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 292.346/1/2023 6/25/2023 1,028.15 3136ARTE8 FNA 2016-M3 A2 2.70% 2/1/2026 1,028.156/1/2023 6/25/2023 5,769.84 3137FCM35 FHLMC MULTIFAMILY STRUCTURED P POOL 2.95% 2/1/2024 5,769.846/1/2023 6/25/2023 1,954.68 3137FBTA4 FHLMC MULTIFAMILY STRUCTURED POOL 3.06% 8/1/2024 1,954.686/15/2023 6/15/2023 14,862.30 98163WAC0 WOART 2020-B A3 0.63% 5/15/2025 14,862.306/15/2023 6/15/2023 10,380.32 58769VAC4 MBART 2020-1 A3 0.55% 2/18/2025 10,380.32 58 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
PAYDOWNS6/15/2023 6/15/2023 15,638.42 65479CAD0 NAROT 2020-B A3 0.55% 7/15/2024 15,638.426/15/2023 6/15/2023 11,772.73 44933FAC0 HART 2020-B A3 0.48% 12/16/2024 11,772.736/15/2023 6/15/2023 17,447.36 44933LAC7 HART 2021-A A3 0.38% 9/15/2025 17,447.366/15/2023 6/15/2023 9,788.33 14316NAC3 CARMX 2021-1 A3 0.34% 12/15/2025 9,788.336/15/2023 6/15/2023 15,353.96 14316HAC6 CARMX 2020-4 A3 0.50% 8/15/2025 15,353.966/15/2023 6/15/2023 20,889.32 50117TAC5 KCOT 2021-1A A3 0.62% 8/15/2025 20,889.326/15/2023 6/15/2023 16,740.02 14315XAC2 CARMX 2020-1 A3 1.89% 12/16/2024 16,740.026/15/2023 6/15/2023 5,842.91 50117XAE2 KCOT 2021-2A A3 0.56% 11/17/2025 5,842.916/15/2023 6/15/2023 43,266.33 14317DAC4 CARMX 2021-3 A3 0.55% 6/15/2026 43,266.336/15/2023 6/15/2023 16,433.59 50117EAB0 KCOT 2022-1A A2 2.34% 4/15/2025 16,433.596/15/2023 6/15/2023 23,249.27 14314QAC8 CARMX 2021-2 A3 0.52% 2/17/2026 23,249.276/15/2023 6/15/2023 12,621.89 14315FAD9 CARMX 2020-3 A3 0.62% 3/17/2025 12,621.896/16/2023 6/16/2023 21,663.50 362590AC5 GMCAR 2020-3 A3 0.45% 4/16/2025 21,663.506/16/2023 6/16/2023 1,830.88 36258NAC6 GMCAR 2020-1 A3 1.84% 9/16/2024 1,830.886/18/2023 6/18/2023 11,486.47 43813KAC6 HAROT 2020-3 A3 0.37% 10/18/2024 11,486.476/20/2023 6/20/2023 2,737.49 92868KAC7 VALET 2021-1 A3 1.02% 6/22/2026 2,737.496/20/2023 6/20/2023 46,287.63 89238EAC0 TLOT 2021-A A3 0.39% 4/22/2024 46,287.63 59 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
PAYDOWNS6/20/2023 6/20/2023 32,717.73 92290BAA9 VZOT 2020-B A 0.47% 2/20/2025 32,717.736/20/2023 6/20/2023 64,942.99 380144AC9 GMALT 2021-2 A3 0.34% 5/20/2024 64,942.996/25/2023 6/25/2023 12,577.93 09661RAD3 BMWOT 2020-A A3 0.48% 10/25/2024 12,577.93 Total PAYDOWNS 1,660,464.22 1,660,464.22 12,133.36
SELL4/6/2023 4/11/2023 225,000.00 91282CBR1 US TREASURY NOTES 0.25% 3/15/2024 216,568.61 -8,317.714/10/2023 4/12/2023 400,000.00 3137EAEY1 FREDDIE MAC NOTES 0.12% 10/16/2023 390,544.44 -9,445.204/17/2023 4/17/2023 850,000.00 912828X70 US TREASURY NOTES 2.00% 4/30/2024 834,746.92 -37,076.054/20/2023 4/24/2023 350,000.00 742718FY0 PROCTER & GAMBLE CO/THE CORPORATE NOTES 4.10% 1/26/2026 355,012.78 1,720.675/1/2023 5/3/2023 1,150,000.00 912828X70 US TREASURY NOTES 2.00% 4/30/2024 1,118,652.34 -49,590.505/1/2023 5/3/2023 1,125,000.00 91282CBV2 US TREASURY N/B NOTES 0.37% 4/15/2024 1,078,713.34 -46,762.695/1/2023 5/3/2023 300,000.00 91282CBR1 US TREASURY NOTES 0.25% 3/15/2024 288,357.68 -11,548.995/1/2023 5/3/2023 400,000.00 91282CBR1 US TREASURY NOTES 0.25% 3/15/2024 384,476.90 -15,413.415/10/2023 5/10/2023 350,000.00 20030NCR0 COMCAST CORP (CALLABLE) CORPORATE NOTES 3.70% 4/15/2024 347,458.80 -10,827.625/17/2023 5/18/2023 1,400,000.00 91282CCG4 US TREASURY N/B NOTES 0.25% 6/15/2024 1,335,418.27 -64,821.685/18/2023 5/19/2023 125,000.00 91282CCG4 US TREASURY N/B NOTES 0.25% 6/15/2024 119,127.21 -5,895.355/18/2023 5/19/2023 1,425,000.00 91282CCG4 US TREASURY N/B NOTES 0.25% 6/15/2024 1,358,050.20 -65,211.68 60 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
SELL5/19/2023 5/23/2023 900,000.00 91282CCG4 US TREASURY N/B NOTES 0.25% 6/15/2024 858,092.21 -40,855.695/22/2023 5/23/2023 1,980,000.00 3137EAEZ8 FREDDIE MAC NOTES 0.25% 11/6/2023 1,935,604.55 -44,357.675/26/2023 5/30/2023 150,000.00 91282CCG4 US TREASURY N/B NOTES 0.25% 6/15/2024 142,653.44 -7,184.536/1/2023 6/5/2023 1,000,000.00 3137EAEZ8 FREDDIE MAC NOTES 0.25% 11/6/2023 979,101.39 -20,973.546/1/2023 6/5/2023 750,000.00 3137EAEY1 FREDDIE MAC NOTES 0.12% 10/16/2023 736,072.60 -13,715.216/1/2023 6/5/2023 1,225,000.00 3137EAFA2 FREDDIE MAC NOTES 0.25% 12/4/2023 1,194,567.26 -30,239.686/8/2023 6/8/2023 350,000.00 91282CCG4 US TREASURY N/B NOTES 0.25% 6/15/2024 333,549.58 -16,112.286/12/2023 6/13/2023 1,175,000.00 3137EAFA2 FREDDIE MAC NOTES 0.25% 12/4/2023 1,147,143.69 -27,744.906/12/2023 6/13/2023 175,000.00 91282CCG4 US TREASURY N/B NOTES 0.25% 6/15/2024 166,801.31 -8,040.726/12/2023 6/13/2023 1,375,000.00 91282CCG4 US TREASURY N/B NOTES 0.25% 6/15/2024 1,310,581.70 -63,140.536/28/2023 6/30/2023 325,000.00 91282CCG4 US TREASURY N/B NOTES 0.25% 6/15/2024 309,583.10 -14,778.916/28/2023 6/30/2023 2,000,000.00 91282CCG4 US TREASURY N/B NOTES 0.25% 6/15/2024 1,905,126.80 -90,839.736/28/2023 6/30/2023 1,400,000.00 91282CCL3 US TREASURY N/B NOTES 0.37% 7/15/2024 1,332,790.27 -70,161.926/29/2023 6/30/2023 1,575,000.00 91282CCL3 US TREASURY N/B NOTES 0.37% 7/15/2024 1,498,220.11 -80,101.10 Total SELL 22,480,000.00 21,677,015.50 -851,436.62
61 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Appendix
|
Important Disclosures
This material is for general information purposes only and is not intended to provide specific advice or a specific recommendation, as it was prepared without regard to any specific objectives or financial circumstances.Investment advisory services are provided by PFM Asset Management LLC ("PFMAM"), an investment adviser registered with the U.S. Securities and Exchange Commission and a subsidiary of U.S. Bancorp Asset Management, Inc. ("USBAM"). USBAM is a subsidiary of U.S. Bank National Association ("U.S. Bank"). U.S. Bankis a separate entity and subsidiary of U.S. Bancorp. U.S. Bank is not responsible for and does not guarantee the products, services or performance of PFMAM. The information contained is not an offer to purchase or sell any securities. Additional applicable regulatory information is available upon request.PFMAM professionals have exercised reasonable professional care in the preparation of this performance report. Information in this report is obtained from sourcesexternal to PFMAM and is generally believed to be reliable and available to the public; however, we cannot guarantee its accuracy, completeness or suitability. We rely on the client's custodian for security holdings and market values. Transaction dates reported by the custodian may differ from money manager statements. While efforts are made to ensure the data contained herein is accurate and complete, we disclaim all responsibility for any errors that may occur. References to particular issuers arefor illustrative purposes only and are not intended to be recommendations or advice regarding such issuers. Fixed income manager and index characteristics are gathered from external sources. When average credit quality is not available, it is estimated by taking the market value weights of individual credit tiers on the portion ofthe strategy rated by a NRSRO.It is not possible to invest directly in an index. The index returns shown throughout this material do not represent the results of actual trading of investor assets.

Third-party providers maintain the indices shown and calculate the index levels and performance shown or discussed. Index returns do not reflect payment of any salescharges or fees an investor would pay to purchase the securities they represent. The imposition of these fees and charges would cause investment performance to belower than the performance shown.The views expressed within this material constitute the perspective and judgment of PFMAM at the time of distribution and are subject to change. Any forecast,projection, or prediction of the market, the economy, economic trends, and equity or fixed-income markets are based upon certain assumptions and current opinion asof the date of issue and are also subject to change. Some, but not all assumptions are noted in the report. Assumptions may or may not be proven correct as actualevents occur, and results may depend on events outside of your or our control. Changes in assumptions may have a material effect on results. Opinions and datapresented are not necessarily indicative of future events or expected performance.For more information regarding PFMAM's services or entities, please visit www.pfmam.com.© 2023 PFM Asset Management LLC. Further distribution is not permitted without prior written consent. 62 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Appendix
|
Important Disclosures
Market values that include accrued interest are derived from closing bid prices as of the last business day of the month as supplied by Refinitiv, Bloomberg, or Telerate. Where prices are not available from generally recognized sources, the securities are priced using a yield-based matrix system to arrive at an estimatedmarket value.

In accordance with generally accepted accounting principles, information is presented on a trade date basis; forward settling purchases are included in the monthly balances, and forward settling sales are excluded.

Performance is presented in accordance with the CFA Institute's Global Investment Performance Standards (GIPS). Unless otherwise noted, performance is showngross of fees. Quarterly returns are presented on an unannualized basis. Returns for periods greater than one year are presented on an annualized basis. Past performance is not indicative of future returns.

Bank of America/Merrill Lynch Indices provided by Bloomberg Financial Markets.Money market fund/cash balances are included in performance and duration computations.Standard & Poor's is the source of the credit ratings. Distribution of credit rating is exclusive of money market fund/LGIP holdings.Callable securities in the portfolio are included in the maturity distribution analysis to their stated maturity date, although, they may be called prior to maturity.MBS maturities are represented by expected average life. 63 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Appendix
|
Glossary
Accrued Interest: Interest that is due on a bond or other fixed income security since the last interest payment was made.Agencies: Federal agency securities and/or Government-sponsored enterprises.Amortized Cost: The original cost of the principal of the security is adjusted for the amount of the periodic reduction of any discount or premium from the purchase date until the date of the report. Discount or premium with respect to short-term securities (those with less than one year to maturity at time of issuance) is amortized on a straight line basis. Such discount or premium with respect to longer-term securities is amortized using the constant yield basis.

Asset-Backed Security: A financial instrument collateralized by an underlying pool of assets – usually ones that generate a cash flow from debt, such as loans, leases, credit card balances, and receivables.

Bankers’ Acceptance: A draft or bill or exchange accepted by a bank or trust company. The accepting institution guarantees payment of the bill as well as the insurer.Commercial Paper: An unsecured obligation issued by a corporation or bank to finance its short-term credit needs, such as accounts receivable and inventory.Contribution to Total Return: The weight of each individual security multiplied by its return, then summed for each sector to determine how much each sector addedor subtracted from the overall portfolio performance.Effective Duration: A measure of the sensitivity of a security’s price to a change in interest rates, stated in years.Effective Yield: The total yield an investor receives in relation to the nominal yield or coupon of a bond. Effective yield takes into account the power of compoundingon investment returns, while nominal yield does not.FDIC: Federal Deposit Insurance Corporation. A federal agency that insures bank deposits to a specified amount.Interest Rate: Interest per year divided by principal amount and expressed as a percentage.Market Value: The value that would be received or paid for an investment in an orderly transaction between market participants at the measurement date.Maturity: The date upon which the principal or stated value of an investment becomes due and payable.Negotiable Certificates of Deposit: A CD with a very large denomination, usually $1 million or more, that can be traded in secondary markets.Par Value: The nominal dollar face amount of a security.Pass-through Security: A security representing pooled debt obligations that passes income from debtors to its shareholders. The most common type is themortgage-backed security. 64 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2023
Appendix
|
Glossary
Repurchase Agreements: A holder of securities sells these securities to an investor with an agreement to repurchase them at a fixed price on a fixed date.Settle Date: The date on which the transaction is settled and monies/securities are exchanged. If the settle date of the transaction (i.e., coupon payments andmaturity proceeds) occurs on a non-business day, the funds are exchanged on the next business day.Supranational: A multinational union or association in which member countries cede authority and sovereignty on at least some internal matters to the group, whosedecisions are binding on its members.Trade Date: The date on which the transaction occurred; however, the final consummation of the security transaction and payment has not yet taken place.Unsettled Trade: A trade which has been executed; however, the final consummation of the security transaction and payment has not yet taken place.U.S. Treasury: The department of the U.S. government that issues Treasury securities.Yield: The rate of return based on the current market value, the annual interest receipts, maturity value, and the time period remaining until maturity, stated as a percentage on an annualized basis.

YTM at Cost: The yield to maturity at cost is the expected rate of return based on the original cost, the annual interest receipts, maturity value, and the time periodfrom purchase date to maturity, stated as a percentage on an annualized basis.YTM at Market: The yield to maturity at market is the rate of return based on the current market value, the annual interest receipts, maturity value, and the timeperiod remaining until maturity, stated as a percentage on an annualized basis. 65 ATTACHMENT
1

Manteca City CouncilAugust 15, 2023

Manteca City Council
August 15, 2023