Manteca City Council
June 4, 2024

Investment Performance Review
For the Quarter Ended March 31, 2024
Client Management Team PFM Asset Management LLC
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
Monique Spyke, Managing DirectorJustin Resuello, Client Relations Manager Allison Kaune, Senior Analyst

ATTACHMENT
1 © PFM Asset Management LLC pfmam.com |
Market Summary

ATTACHMENT
1 For the Quarter Ended March 31, 2024
QUARTERLY MARKET SUMMARY Fixed Income Management
Summary
► The first quarter of 2024 was characterized by continued economic resilience led by strong consumer spending, inflation that continues to slowly grind lower, and a robust labor market.
► The Federal Reserve (Fed) kept the overnight rate at its current target range of 5.25% to 5.50% at its March 20 meeting, as expected, marking the fifth consecutive pause following the last rate hike in July 2023. The Fed’s updated “dot plot” implies three 0.25% rate cuts through 2024 while the number of cuts implied for 2025 was reduced from three to two. Markets entered the year pricing in over six cuts in 2024 but since have now converged to Fed projections. The Fed chair has said they need more confidence that inflation is moving toward its 2% target before the first rate cut. Yields moved higher in the first quarter with the return of the Fed’s “higher-for-longer” stance.
► A strong economic backdrop and increasing likelihood for a soft-landing led equity markets to reach new record highs. The S&P 500 Index jumped 10.6% in the first quarter, while yields on U.S. Treasury maturities from one to 30 years were higher by 25 to 40 basis points (bps).

Economic Snapshot
► Although January and February inflation readings came in above expectations, CPI actually trended lower in the first quarter and continued to decline from its mid2022 peak. Headline and core CPI (which excludes food and energy) registered year-over-year increases of 3.2% and 3.8%, respectively, through February. ► U.S. real gross domestic product (GDP) growth in the fourth quarter came in at an impressive 3.4%, capping a strong year in which GDP grew 3.1%. The economy continues to be bolstered by strong consumer spending, supported by the strength of the labor market. This trend is expected to continue before moderating through the balance of the year.
► The U.S. labor market showed little signs of softening, adding over 800,000 jobs in the first quarter after 637,000 were added in the fourth quarter. In the latest reading, 303,000 jobs were created in March, which is the highest level since May of 2023. The unemployment rate also ticked down to 3.8% and has been below 4% for over two years. Strong wage increases reflect a competitive labor market and further support consumer spending.

Interest Rates
► The market spent the majority of the first quarter adjusting its expectations as strong economic data and Fed commentary pushed back on the notion that a rate cut was imminent. As a result, fed funds futures recalibrated expectations throughout the quarter and are now priced for the first rate cut to occur in July, a four-month delay from expectations at the beginning of the year. ► Reflecting the market adjustment to delayed rate cuts expectations, U.S.

Treasury yields increased notably over the quarter. The yield on the 2-, 5-, and 10-year U.S. Treasuries rose 37 bps, 37 bps, and 32 bps, respectively. ► As a result of higher absolute yields, U.S. Treasury indices with longer durations generated negative returns, with the breakeven point around the twoyear maturity. For example, the ICE BofA 3-, 5-, and 10-year U.S. Treasury indices returned -0.21%, -0.76%, and -1.61%, respectively. On the flipside, shorter-duration indices posted positive total returns, as higher income was able to more than offset negative price impacts. The ICE BofA 3-month, 1-, and 2- year U.S. Treasury indices returned +1.29%, +0.83%, and +0.21% respectively.

Sector Performance
► Yield spreads across most investment-grade (IG) sectors continued to tighten throughout the first quarter, resulting in positive excess returns on corporates and most other non-government fixed income sectors. Diversification across these “spread sectors” helped bolster relative performance given the absolute back-up in yields to start the year.
► Federal agency, municipal, and supranational spreads remained low and range bound throughout the first quarter. These sectors eked out positive excess returns, mostly from their modest incremental income. Callable agencies outperformed bullet agencies as bond market volatility waned from recent multi-year highs.
► IG corporates produced strong excess returns on robust market demand and continued yield spread tightening. IG corporates finished the quarter at their lowest spread in over two years. As a result of historically tight spreads, value in the sector is now more opportunistic.
► The asset-backed security (ABS) sector was the strongest-performing fixed income sector in the first quarter. The rally in the sector was supported by strong structural elements of the asset class as well as ongoing optimism regarding the strength of the American consumer and, like IG corporates, robust appetite for new issues. Incremental income from ABS remains attractive and our fundamental outlook for the economy remains supportive for the sector. ► Mortgage-backed security (MBS) performance was mixed for the first quarter, with yield spreads widening in longer maturity structures. Volatility was relativity muted compared to the fourth quarter and helped returns in the first quarter, but the overall sector underperformed. On the other hand, agency commercial mortgage-backed security spreads tightened relative to passthroughs, resulting in strong relative performance.

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 March 31, 2024
QUARTERLY MARKET SUMMARY Fixed Income Management
Labor Market
Economic Snapshot
Dec '23 Mar '23

4.9%
GDP Personal Consumption (QoQ SAAR) 2024Q4 3.3%
Retail Sales (YoY) Feb '24 1.5% 5.0% 2.2%
ISM Manufacturing Survey (Month) Mar '24 50.3 47.1 46.5 Existing Home Sales SAAR (Month) Feb '24 4.38 mil. 3.88 mil. 4.35 mil.

Inflation/Prices
Personal Consumption Expenditures (YoY) Feb '24 2.5% 2.6% 4.4% Consumer Price Index (YoY) Feb '24 3.2% 3.4% 5.0%
Consumer Price Index Core (YoY) Feb '24 3.8% 3.9% 5.6%
Crude Oil Futures (WTI, per barrel) Mar 31 $83.17 $71.65 $75.67 Gold Futures (oz) Mar 31 $2,217 $2,072 $1,969
Latest
200K
0 600K
400K
800K
1,000K

2.0%

1.0%

0.0%

4.0%

3.0%

5.0%

6.0%

7.0%
Mar '21 Sep '21 Mar '22 Sep '22 Mar '23 Sep '23 Mar '24 Unemployment Rate (left) vs. Change in Non-Farm Payrolls (right) Change In Non-Farm Payrolls Unemployment Rate
6%
4%
8%
2%
0%
-2%
-4%
Dec '20 Jun '21 Dec '21 Jun '22 Dec '22 Jun '23 Dec '23 Real GDP (QoQ)
10%
9%
8%
7%
6%
5%
4%
3%
2%
1%
0%
Mar '21 Sep '21 Mar '22 Sep '22 Mar '23 Sep '23
Consumer Price Index
CPI (YoY) Core CPI (YoY)
2 2

1.2%
Unemployment Rate Mar '24 3.8% 3.7% 3.5%
Change In Non-Farm Payrolls Mar '24 303,000 290,000 146,000 Average Hourly Earnings (YoY) Mar '24 4.1% 4.3% 4.6%
Personal Income (YoY) Feb '24 4.6% 4.9% 5.8%
Initial Jobless Claims (Week) 3/30/24 221,000 198,000 216,000 Growth
Real GDP (QoQ SAAR) 2024Q4 3.4% 12.6%
1 3.1%

1. Data as of Third Quarter 2023.

2. Data as of Fourth Quarter 2022.

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

Source: Bloomberg.

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. 2 ATTACHMENT 1
For the Quarter Ended March 31, 2024
QUARTERLY MARKET SUMMARY Fixed Income Management
Source: Bloomberg.

Interest Rate Overview
U.S. Treasury Note Yields U.S. Treasury Yield Curve
U.S. Treasury Yields Yield Curves as of March 31, 2024
0%
1%
2%
3%
4%
5%
6%
3-yr
2-yr
1-yr
3-mo
5-yr
7-yr
10-yr20-yr30-yr
Yield
Maturity
March 31, 2024 December 31, 2023 March 31, 2023
6%
5%
4%
3%
2%
1%
0%
3-yr2-yr1-yr3-mo7-yr5-0
yr
10-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%
3/31/23 6/30/23 9/30/23 12/31/23 3/31/24
Yield
2-Year 5-Year 10-Year
Maturity Mar '24 Dec '23 Change over
Quarter
Mar '23 Change over
Year
3-Month 5.37% 5.34% 0.03% 4.75% 0.62%
1-Year 5.03% 4.77% 0.26% 4.62% 0.41%
2-Year 4.62% 4.25% 0.37% 4.03% 0.59%
5-Year 4.21% 3.85% 0.36% 3.58% 0.63%
10-Year 4.20% 3.88% 0.32% 3.47% 0.73%
30-Year 4.34% 4.03% 0.31% 3.65% 0.69%
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 March 31, 2024
QUARTERLY MARKET SUMMARY Fixed Income Management
March 31, 2024 Duration Yield 3 Month 1 Year 3 Years
1-3 Year Indices
U.S. Treasury 1.83 4.70% 0.30% 2.97% 0.08%
Federal Agency 1.62 4.80% 0.46% 3.54% 0.27%
U.S. Corporates, A-AAA rated 1.84 5.23% 0.73% 4.71% 0.72% Agency MBS (0 to 3 years) 1.97 5.27% 0.49% 3.84% (0.49%) Taxable Municipals 1.35 4.95% 0.89% 3.98% 1.09%
1-5 Year Indices
U.S. Treasury 2.59 4.55% (0.02%) 2.42% (0.59%)
Federal Agency 1.96 4.70% 0.33% 3.29% (0.29%)
U.S. Corporates, A-AAA rated 2.54 5.15% 0.58% 4.68% 0.14% Agency MBS (0 to 5 years) 3.03 5.14% 0.30% 3.49% (1.01%) Taxable Municipals 2.25 4.87% 0.43% 3.40% 0.16%
Master Indices (Maturities 1 Year or Greater)
U.S. Treasury 6.31 4.45% (0.94%) (0.19%) (2.82%)
Federal Agency 3.32 4.65% 0.09% 2.89% (1.01%)
U.S. Corporates, A-AAA rated 6.85 5.18% (0.32%) 3.62% (1.98%) Agency MBS (0 to 30 years) 5.63 5.05% (1.07%) 1.36% (2.93%) Taxable Municipals 8.94 5.10% (0.38%) 2.43% (3.01%)
Returns for periods greater than one year are annualized.

Source: ICE BofAML Indices.

As of 03/31/2024 Returns for Periods ended 03/31/2024
ICE BofAML Index Returns
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. 4 ATTACHMENT 1
For the Quarter Ended March 31, 2024
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.

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. 5 ATTACHMENT 1
© PFM Asset Management LLC pfmam.com |
Account Summary

ATTACHMENT
1 PFM Asset Management LLC
For the Quarter Ended March 31, 2024
Consolidated Summary
© PFM Asset Management LLC | pfmam.com
Consolidated Summary
Account Summary
PFMAM Managed Account $152,223,676.15
LAIF $68,813,859.24
CAMP Pool $51,396,338.32
Wells Fargo Account $104,492,280.75
Total Program $376,926,154.46

1. PFMAM managed account balance is market value including accrued interest and cash. Overnight balances, including LAIF, CAMP Pool, and Wells Fargo Account, are provided by the City.

59.9%

0.0% 0.0% 0.7% 1.5%

11.7%

21.2%

4.0% 1.1%
0%
20%
40%
60%
80%
Under 30
days
31 to 60
days
61 to 90
days
91 to 180
days
181 days
to 1 year
1 to 2
years
2 to 3
years
3 to 4
years
4 to 5
years
Maturity Distribution

CITY OF MANTECA
6 ATTACHMENT 1
© PFM Asset Management LLC pfmam.com |
Portfolio Review:

CITY OF MANTECA

ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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 March 31, 2024, 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
7 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
Portfolio Snapshot
|
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
20%
37%
43%
8%
56%
36%
0%
20%40%60%
0-1 Yr 1-2 Yrs 2-3 Yrs
Portfolio Benchmark
Duration Distribution
U.S. Treasury | 40%Corporate | 25%
ABS | 19%Agency CMBS | 12%
Negotiable CD | 4%Municipal | 1%
Sector Allocation
AAA | 15%AA+ | 51%AA | 1%AA- | 6%A+ | 8%A | 7%A- | 6%
BBB+ | 1%Not Rated | 5%
Portfolio Statistics
Portfolio Effective Duration 1.75 years
Benchmark Effective Duration 1.76 yearsPortfolio Credit Quality AA Yield At Market 4.68%
Yield At Cost 4.19%
Total Market Value $152,223,676.15
Securities Sub-Total $150,656,959.19Cash $364,675.60
Accrued Interest $1,202,041.36
8 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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 39.6% UNITED STATES TREASURY 39.6% AA / Aaa / AA
Agency CMBS 11.6%
FANNIE MAE 0.5% AA / Aaa / AAFREDDIE MAC 11.2% AA / Aaa / AA Municipal 0.9%
COMMONWEALTH OF MASSACHUSETTS 0.5% NR / Aa / AAAFLORIDA STATE BOARD OF ADMIN FIN CORP 0.2% AA / Aa / AANEW JERSEY TURNPIKE AUTHORITY 0.2% AA / A / A Negotiable CD 4.2%
CREDIT AGRICOLE SA 0.7% A / Aa / AANATIXIS NY BRANCH 0.8% A / A / ANORDEA BANK ABP 1.0% AA / Aa / AARABOBANK NEDERLAND 0.7% A / Aa / AA TORONTO-DOMINION BANK 1.0% A / A / NR
Corporate 24.7%
AMERICAN EXPRESS CO 0.1% BBB / A / AAMERICAN HONDA FINANCE 0.7% A / A / AANZ BANKING GROUP LTD 1.4% AA / Aa / AASTRAZENECA PLC 0.4% A / A / A BANK OF AMERICA CO 1.1% A / Aa / AABMW FINANCIAL SERVICES NA LLC 0.9% A / A / NRBRISTOL-MYERS SQUIBB CO 0.2% A / A / NRCATERPILLAR INC 0.6% A / A / ACINTAS CORPORATION NO. 2 0.2% A / A / NRCISCO SYSTEMS INC 0.6% AA / A / NR Security Type / Issuer Market Value (%) S&P / Moody's / FitchCorporate 24.7% CITIGROUP INC 1.2% A / A / ACOLGATE-PALMOLIVE COMPANY 0.3% AA / Aa / NRCOMCAST CORP 0.1% A / A / ACOMMONWEALTH BANK OF AUSTRALIA 0.5% AA / Aa / ADEERE & COMPANY 0.8% A / A / AELI LILLY & CO 0.5% A / A / NREXXON MOBIL CORP 0.7% AA / Aa / NRGENERAL DYNAMICS CORP 0.3% A / A / NRGOLDMAN SACHS GROUP INC 0.3% BBB / A / AHOME DEPOT INC 0.3% A / A / AHORMEL FOODS CORP 0.2% A / A / NRIBM CORP 0.7% A / A / AJP MORGAN CHASE & CO 1.2% A / Aa / AALINDE PLC 0.7% A / A / NRLOCKHEED MARTIN CORP 0.2% A / A / AMORGAN STANLEY 0.6% A / A / ANATIONAL AUSTRALIA BANK LTD 1.2% AA / Aa / NRNATIONAL RURAL UTILITIES CO FINANCECORP

0.5% A / A / A
NESTLE SA 0.4% AA / Aa / NRPACCAR FINANCIAL CORP 0.6% A / A / NRPEPSICO INC 0.3% A / A / NRPNC FINANCIAL SERVICES GROUP 0.4% A / A / ARABOBANK NEDERLAND 1.0% A / Aa / AA ROCHE HOLDINGS INC 0.5% AA / Aa / AASTATE STREET CORPORATION 1.2% A / A / AA TEXAS INSTRUMENTS INC 0.4% A / Aa / NR
9 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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 / FitchCorporate 24.7% TOYOTA MOTOR CORP 0.5% A / A / ATRUIST FIN CORP 0.6% A / A / AUNITEDHEALTH GROUP INC 0.7% A / A / A USAA CAPITAL CORP 0.4% AA / Aa / NRWAL-MART STORES INC 0.1% AA / Aa / AAWELLS FARGO & COMPANY 1.2% A / Aa / AA ABS 19.0%
ALLY AUTO RECEIVABLES TRUST 1.1% AAA / Aaa / AAAAMERICAN EXPRESS CO 1.0% AAA / NR / AAA BANK OF AMERICA CO 0.6% AAA / Aaa / AAABMW VEHICLE OWNER TRUST 0.4% AAA / Aaa / AAACAPITAL ONE FINANCIAL CORP 2.3% AAA / Aaa / AAACARMAX AUTO OWNER TRUST 1.8% AAA / Aaa / AAACHASE ISSURANCE 0.7% AAA / NR / AAACITIGROUP INC 0.1% AAA / Aaa / AAADISCOVER FINANCIAL SERVICES 1.2% AAA / Aaa / AAAFIFTH THIRD AUTO TRUST 0.5% AAA / Aaa / NRFORD CREDIT AUTO OWNER TRUST 0.6% AAA / NR / AAAGM FINANCIAL CONSUMER AUTOMOBILETRUST

1.3% AAA / Aaa / AAA
HARLEY-DAVIDSON MOTORCYCLE TRUST 0.7% AAA / Aaa / AAAHONDA AUTO RECEIVABLES 0.7% AAA / Aaa / AAAHYUNDAI AUTO RECEIVABLES 1.0% AAA / NR / AAAKUBOTA CREDIT OWNER TRUST 2.1% NR / Aaa / AAA MERCEDES-BENZ AUTO RECEIVABLES 1.0% AAA / Aaa / AAANISSAN AUTO RECEIVABLES 0.3% AAA / Aaa / NR Security Type / Issuer Market Value (%) S&P / Moody's / FitchABS 19.0% TOYOTA MOTOR CORP 1.2% AAA / Aaa / AAAVOLKSWAGEN AUTO LEASE TURST 0.1% NR / Aaa / AAA VOLKSWAGEN OF AMERICA 0.2% AAA / Aaa / NRWORLD OMNI AUTO REC TRUST 0.2% AAA / NR / AAA Total 100.0%
10 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
Portfolio Activity
|
Portfolio Activity - CITY OF MANTECA
Net Activity by Sector
($ millions)
Corporate
ABS
Agency CMBS
Negotiable CDU.S. Treasury
Corporate
ABS
Agency CMBS
Negotiable CD
U.S. Treasury
($15.0) ($10.0) ($5.0) $0.0 $5.0 $10.0 $15.0
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 $3,933,799Negotiable CD $36,186 Agency CMBS ($129,824)ABS ($168,761)
Corporate ($2,211,369)Total Net Activity $1,460,031
Sales/Maturities Purchases
11 ATTACHMENT
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CITY OF MANTECA
For the Quarter Ended March 31, 2024
Portfolio Characteristics
|
$0.0
$32.0$64.0$96.0
$128.0$160.0
Millions
March 2024
$0.0
$32.0$64.0$96.0
$128.0$160.0
Millions
December 2023
$0.0
$32.0$64.0$96.0
$128.0$160.0
Millions
September 2023
$0.0
$32.0$64.0$96.0
$128.0$160.0
Millions
June 2023
Sector Allocation Review - CITY OF MANTECA
U.S. Treasury 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 Jun-23 % of Total Sep-23 % of Total Dec-23 % of Total Mar-24 % of Total U.S. Treasury $56.3 38.6% $55.3 37.7% $56.1 37.4% $59.5 39.5% Agency CMBS $13.4 9.2% $13.9 9.5% $17.8 11.9% $17.6 11.7% Supranational $1.4 0.9% $1.4 1.0% $0.0 0.0% $0.0 0.0%Municipal $2.8 2.0% $1.8 1.2% $1.4 1.0% $1.4 1.0%Negotiable CD $3.9 2.7% $6.1 4.2% $6.1 4.1% $6.2 4.1%Corporate $40.2 27.7% $39.6 27.0% $39.3 26.2% $37.1 24.6% ABS $27.5 18.9% $28.4 19.4% $29.0 19.4% $28.8 19.1%
Total $145.5 100.0% $146.5 100.0% $149.7 100.0% $150.7 100.0% 12 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
Portfolio Performance
|

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.

0.0%1.0%2.0%3.0%4.0%
Return
Portfolio Benchmark Net of Fees
Portfolio Performance
Market Value Basis Earnings 3 Months 1 Year 3 Years 5 Years 10 Years1Interest Earned² $1,471,350 $4,873,491 $8,453,703 $14,625,161 $25,115,148 Change in Market Value ($638,880) $921,600 ($5,871,130) ($2,698,245) ($3,888,882) Total Dollar Return $832,470 $5,795,091 $2,582,573 $11,926,916 $21,226,266 Total Return³
Portfolio 0.55% 3.96% 0.57% 1.57% 1.43%Benchmark⁴ 0.30% 2.97% 0.08% 1.16% 1.07%Basis Point Fee 0.03% 0.11% 0.11% 0.11% 0.11%Net of Fee Return 0.52% 3.84% 0.46% 1.46% 1.31% 3 Months 1 Year 3 Years 5 Years 10 Years
13 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
Portfolio Performance
|

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 - CITY OF MANTECA
Accrual Basis EarningsInterest Earned²Realized Gains / (Losses)³Change in Amortized CostTotal Earnings 3 Months
$1,471,350
($248,747)
$92,182
$1,314,785
1 Year
$4,873,491
($2,518,735)
$268,114
$2,622,870
3 Years
$8,453,703
($3,457,302)
$65,623
$5,062,024
5 Year
$14,625,161
($1,409,254)
$149,003
$13,364,911
10 Year¹
$25,115,148
($1,894,642)
($855,624)
$22,364,881
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1 © PFM Asset Management LLC pfmam.com |
Portfolio Holdings and Transactions

ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
Portfolio Composition
|
Issuer Distribution
As of March 31, 2024
Issuer Market Value ($) % of Portfolio
UNITED STATES TREASURY 59,471,406 39.46%FREDDIE MAC 16,943,470 11.25%CAPITAL ONE FINANCIAL CORP 3,473,587 2.31%KUBOTA CREDIT OWNER TRUST 3,133,558 2.08%CARMAX AUTO OWNER TRUST 2,748,201 1.82%TOYOTA MOTOR CORP 2,661,122 1.77%BANK OF AMERICA CO 2,605,322 1.73%RABOBANK NEDERLAND 2,567,607 1.70% ANZ BANKING GROUP LTD 2,035,708 1.35%
CITIGROUP INC 2,032,248 1.35%GM FINANCIAL CONSUMER AUTOMOBILE TRUST 1,941,215 1.29%STATE STREET CORPORATION 1,858,752 1.23%WELLS FARGO & COMPANY 1,826,297 1.21%JP MORGAN CHASE & CO 1,813,567 1.20%NATIONAL AUSTRALIA BANK LTD 1,807,328 1.20%DISCOVER FINANCIAL SERVICES 1,750,317 1.16% ALLY AUTO RECEIVABLES TRUST 1,635,177 1.09%
HYUNDAI AUTO RECEIVABLES 1,566,218 1.04%
AMERICAN EXPRESS CO 1,559,554 1.04%
MERCEDES-BENZ AUTO RECEIVABLES 1,439,735 0.96%TORONTO-DOMINION BANK 1,434,578 0.95%NORDEA BANK ABP 1,425,554 0.95%BMW FINANCIAL SERVICES NA LLC 1,369,824 0.91%DEERE & COMPANY 1,167,326 0.77% 16 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
Portfolio Composition
|
Issuer Market Value ($) % of PortfolioCREDIT AGRICOLE SA 1,124,672 0.75%HONDA AUTO RECEIVABLES 1,123,729 0.75%NATIXIS NY BRANCH 1,116,049 0.74%EXXON MOBIL CORP 1,089,556 0.72%CHASE ISSURANCE 1,079,293 0.72%LINDE PLC 1,059,718 0.70%IBM CORP 1,047,832 0.70%HARLEY-DAVIDSON MOTORCYCLE TRUST 1,039,264 0.69% AMERICAN HONDA FINANCE 1,008,387 0.67%
UNITEDHEALTH GROUP INC 993,820 0.66%TRUIST FIN CORP 954,423 0.63%CISCO SYSTEMS INC 945,888 0.63%PACCAR FINANCIAL CORP 928,817 0.62%CATERPILLAR INC 898,098 0.60%FORD CREDIT AUTO OWNER TRUST 883,045 0.59%MORGAN STANLEY 851,074 0.56%NATIONAL RURAL UTILITIES CO FINANCE CORP 797,876 0.53%FIFTH THIRD AUTO TRUST 795,201 0.53%ROCHE HOLDINGS INC 769,761 0.51%COMMONWEALTH OF MASSACHUSETTS 756,876 0.50%ELI LILLY & CO 735,025 0.49%COMMONWEALTH BANK OF AUSTRALIA 703,340 0.47%FANNIE MAE 696,305 0.46%TEXAS INSTRUMENTS INC 643,546 0.43%BMW VEHICLE OWNER TRUST 566,950 0.38%USAA CAPITAL CORP 564,233 0.37%PNC FINANCIAL SERVICES GROUP 558,909 0.37% 17 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
Portfolio Composition
|
Issuer Market Value ($) % of PortfolioNESTLE SA 547,382 0.36% ASTRAZENECA PLC 543,659 0.36%
PEPSICO INC 517,000 0.34%GENERAL DYNAMICS CORP 506,587 0.34%GOLDMAN SACHS GROUP INC 479,796 0.32%NISSAN AUTO RECEIVABLES 465,503 0.31%HOME DEPOT INC 433,095 0.29%COLGATE-PALMOLIVE COMPANY 380,647 0.25%FLORIDA STATE BOARD OF ADMIN FIN CORP 376,609 0.25%HORMEL FOODS CORP 319,612 0.21%CINTAS CORPORATION NO. 2 308,805 0.20%NEW JERSEY TURNPIKE AUTHORITY 295,856 0.20%VOLKSWAGEN OF AMERICA 286,995 0.19%WORLD OMNI AUTO REC TRUST 282,106 0.19%LOCKHEED MARTIN CORP 239,671 0.16%BRISTOL-MYERS SQUIBB CO 229,714 0.15%WAL-MART STORES INC 157,652 0.10%VOLKSWAGEN AUTO LEASE TURST 151,447 0.10%COMCAST CORP 135,467 0.09% Grand Total 150,656,959 100.00%
18 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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 NOTESDTD 06/15/2022 2.875% 06/15/2025
91282CEU1 700,000.00 AA+ Aaa 7/6/2022 7/11/2022 699,097.66 2.92 5,938.52 699,628.94 682,937.50 US TREASURY 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 9,360.58 1,473,913.77 1,440,199.15 US TREASURY 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 21,752.06 1,283,655.62 1,269,222.72 US TREASURY NOTESDTD 11/15/2022 4.500% 11/15/2025
91282CFW6 700,000.00 AA+ Aaa 12/5/2022 12/8/2022 706,917.97 4.14 11,942.31 703,823.26 696,828.16 US TREASURY 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 7,081.97 599,149.82 592,593.72 US TREASURY 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 2,360.66 199,401.17 197,531.24 US TREASURY 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 11,885.82 1,448,969.12 1,429,156.25 US TREASURY 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 14,344.95 1,743,905.48 1,724,843.75 US TREASURY 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 8,846.15 1,730,547.12 1,728,125.00 US TREASURY 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 7,329.67 1,448,718.36 1,431,875.00 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 6,576.09 2,950,673.43 2,905,418.12 US TREASURY 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 6,060.45 349,064.22 343,929.67 US TREASURY 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 9,523.57 544,466.35 540,460.91 US TREASURY 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 25,107.58 1,449,127.85 1,424,851.49 US TREASURY 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 17,315.57 998,949.55 982,656.20 19 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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 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 25,540.47 1,472,739.59 1,449,417.90 US TREASURY 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 41,229.39 2,978,568.75 2,940,937.50 US TREASURY 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 20,614.70 1,481,595.85 1,470,468.75 US TREASURY 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 30,430.33 2,487,200.80 2,475,781.25 US TREASURY 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 18,258.20 1,489,178.86 1,485,468.75 US TREASURY NOTESDTD 07/15/2023 4.500% 07/15/2026
91282CHM6 2,900,000.00 AA+ Aaa 8/1/2023 8/3/2023 2,894,562.50 4.57 27,605.77 2,895,784.30 2,895,468.75 US TREASURY NOTESDTD 08/15/2023 4.375% 08/15/2026
91282CHU8 700,000.00 AA+ Aaa 9/19/2023 9/22/2023 691,906.25 4.81 3,870.19 693,375.06 697,265.66 US TREASURY NOTESDTD 08/15/2023 4.375% 08/15/2026
91282CHU8 1,000,000.00 AA+ Aaa 9/6/2023 9/11/2023 990,312.50 4.73 5,528.85 992,152.13 996,093.80 US TREASURY NOTESDTD 08/15/2023 4.375% 08/15/2026
91282CHU8 3,000,000.00 AA+ Aaa 9/11/2023 9/12/2023 2,973,046.88 4.71 16,586.54 2,978,144.75 2,988,281.40 US TREASURY NOTESDTD 08/15/2023 4.375% 08/15/2026
91282CHU8 2,500,000.00 AA+ Aaa 9/12/2023 9/15/2023 2,476,464.84 4.72 13,822.11 2,480,862.49 2,490,234.50 US TREASURY NOTESDTD 09/15/2023 4.625% 09/15/2026
91282CHY0 2,250,000.00 AA+ Aaa 10/3/2023 10/5/2023 2,233,564.45 4.89 4,807.24 2,236,145.95 2,255,273.55 US TREASURY NOTESDTD 10/15/2023 4.625% 10/15/2026
91282CJC6 1,000,000.00 AA+ Aaa 11/7/2023 11/10/2023 997,187.50 4.73 21,355.87 997,540.80 1,002,812.50 US TREASURY NOTESDTD 10/15/2023 4.625% 10/15/2026
91282CJC6 425,000.00 AA+ Aaa 10/17/2023 10/19/2023 420,783.20 4.99 9,076.25 421,380.13 426,195.31 US TREASURY N/B NOTESDTD 11/15/2023 4.625% 11/15/2026
91282CJK8 2,500,000.00 AA+ Aaa 11/13/2023 11/15/2023 2,484,765.63 4.85 43,835.85 2,486,572.24 2,508,203.00 US TREASURY N/B NOTESDTD 11/15/2023 4.625% 11/15/2026
91282CJK8 1,500,000.00 AA+ Aaa 12/12/2023 12/15/2023 1,508,027.34 4.43 26,301.51 1,507,257.05 1,504,921.80 US TREASURY N/B NOTESDTD 11/15/2023 4.625% 11/15/2026
91282CJK8 3,000,000.00 AA+ Aaa 12/7/2023 12/11/2023 3,024,140.63 4.33 52,603.02 3,021,744.28 3,009,843.60 US TREASURY N/B NOTESDTD 11/15/2023 4.625% 11/15/2026
91282CJK8 1,400,000.00 AA+ Aaa 12/6/2023 12/11/2023 1,411,101.56 4.33 24,548.08 1,409,999.61 1,404,593.68 20 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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 12/15/2023 4.375% 12/15/2026
91282CJP7 2,500,000.00 AA+ Aaa 1/3/2024 1/5/2024 2,516,210.94 4.14 32,274.59 2,514,972.74 2,493,750.00 US TREASURY N/B NOTESDTD 12/15/2023 4.375% 12/15/2026
91282CJP7 1,500,000.00 AA+ Aaa 1/4/2024 1/9/2024 1,510,898.44 4.11 19,364.75 1,510,101.01 1,496,250.00 US TREASURY N/B NOTESDTD 01/15/2024 4.000% 01/15/2027
91282CJT9 2,500,000.00 AA+ Aaa 2/2/2024 2/7/2024 2,490,039.06 4.15 21,153.85 2,490,513.97 2,470,312.50 US TREASURY N/B NOTESDTD 02/15/2024 4.125% 02/15/2027
91282CKA8 2,500,000.00 AA+ Aaa 3/7/2024 3/12/2024 2,488,769.53 4.29 13,032.28 2,488,967.64 2,478,906.25 US TREASURY N/B NOTESDTD 02/15/2024 4.125% 02/15/2027
91282CKA8 750,000.00 AA+ Aaa 2/13/2024 2/16/2024 743,027.34 4.46 3,909.68 743,297.08 743,671.88 US TREASURY N/B NOTESDTD 02/15/2024 4.125% 02/15/2027
91282CKA8 400,000.00 AA+ Aaa 2/20/2024 2/22/2024 397,250.00 4.37 2,085.16 397,342.83 396,625.00 Security Type Sub-Total 60,025,000.00 59,712,740.25 4.28 643,260.63 59,799,431.97 59,471,406.21 Negotiable CD
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 35,245.00 1,425,000.00 1,434,577.94 NORDEA BANK ABP NEW YORK CERTDEPOSDTD 11/03/2022 5.530% 11/03/2025 65558UYF3 1,425,000.00 AA- Aa3 11/2/2022 11/3/2022 1,425,000.00 5.53 32,396.58 1,425,000.00 1,425,554.33 COOPERAT RABOBANK UA/NY CERTDEPOSDTD 07/20/2023 5.080% 07/17/2026 21684LGS5 1,100,000.00 A+ Aa2 7/17/2023 7/20/2023 1,100,000.00 5.08 11,486.44 1,100,000.00 1,093,232.80 NATIXIS NY BRANCH CERT DEPOSDTD 09/20/2023 5.610% 09/18/2026 63873QP65 1,100,000.00 A A1 9/18/2023 9/20/2023 1,100,000.00 5.61 33,254.83 1,100,000.00 1,116,049.00 CREDIT AGRICOLE CIB NY CERTDEPOSDTD 02/05/2024 4.760% 02/01/2027 22536DWD6 1,125,000.00 A+ Aa3 2/1/2024 2/5/2024 1,125,000.00 4.76 8,330.00 1,125,000.00 1,124,672.06 Security Type Sub-Total 6,175,000.00 6,175,000.00 5.34 120,712.85 6,175,000.00 6,194,086.13 21 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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
Municipal
NJ TURNPIKE AUTHORITY TXBL REVBONDSDTD 02/04/2021 0.897% 01/01/2025 646140DN0 305,000.00 AA- A1 1/22/2021 2/4/2021 305,000.00 0.90 683.96 305,000.00 295,856.10 MASSACHUSETTS CMNWLTHMUNICIPAL BONDSDTD 08/30/2022 3.660% 01/15/2025 576004GY5 765,000.00 NR Aa1 8/17/2022 8/30/2022 765,000.00 3.66 5,910.90 765,000.00 756,875.70 FL ST BOARD OF ADMIN TXBL REVBONDSDTD 09/16/2020 1.258% 07/01/2025 341271AD6 395,000.00 AA Aa3 9/3/2020 9/16/2020 395,000.00 1.26 1,242.28 395,000.00 376,608.80 Security Type Sub-Total 1,465,000.00 1,465,000.00 2.46 7,837.14 1,465,000.00 1,429,340.60 Corporate
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 0.75 306.25 299,996.72 296,196.90 CITIGROUP INC CORP NOTES(CALLABLE)DTD 10/30/2020 6.006% 10/30/2024 172967MT5 650,000.00 BBB+ A3 10/23/2020 10/30/2020 650,000.00 0.78 6,736.72 650,000.00 650,076.70 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 2,320.31 749,404.22 727,457.25 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 1.88 562.50 199,998.29 194,216.40

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 2.29 202.50 119,962.73 116,601.00 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 5,768.75 354,888.87 347,943.67 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 7,920.63 574,949.39 561,666.90 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 8,085.94 574,306.54 564,233.13 22 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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
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 4,528.13 314,974.98 308,804.90 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 0.98 940.13 230,000.00 228,812.28 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 1,955.00 149,929.26 147,128.40 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 1,730.40 630,000.00 624,483.09 JOHN DEERE CAPITAL CORPCORPORATE NOTESDTD 06/06/2022 3.400% 06/06/2025 24422EWF2 310,000.00 A A1 6/1/2022 6/6/2022 309,928.70 3.41 3,366.94 309,971.96 303,783.88 NATIONAL AUSTRALIA BK/NYCORPORATE NOTESDTD 06/09/2022 3.500% 06/09/2025 63254ABD9 780,000.00 AA- Aa2 5/31/2022 6/9/2022 780,000.00 3.50 8,493.33 780,000.00 765,252.54 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 1,472.96 144,984.86 141,960.80 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 7,573.33 1,065,000.00 1,047,832.20 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 1,848.96 374,879.26 367,150.50 BMW US CAPITAL LLC CORPORATENOTESDTD 08/11/2023 5.300% 08/11/2025 05565ECC7 725,000.00 A A2 8/8/2023 8/11/2023 724,956.50 5.30 5,336.81 724,970.42 725,682.95 NESTLE HOLDINGS INC CORP NOTEDTD 09/13/2022 4.000% 09/12/2025 641062BA1 265,000.00 AA- Aa3 9/6/2022 9/13/2022 264,912.55 4.01 559.44 264,957.75 260,989.49 HOME DEPOT INC NOTES (CALLABLE)DTD 09/19/2022 4.000% 09/15/2025 437076CR1 150,000.00 A A2 9/12/2022 9/19/2022 149,946.00 4.01 266.67 149,973.69 147,832.65 CITIBANK NA CORP NOTES(CALLABLE)DTD 09/29/2023 5.864% 09/29/2025 17325FBA5 355,000.00 A+ Aa3 9/26/2023 9/29/2023 355,000.00 5.86 115.65 355,000.00 358,542.90 23 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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
LOCKHEED MARTIN CORP NOTES(CALLABLE)DTD 10/24/2022 4.950% 10/15/2025 539830BU2 240,000.00 A- A2 10/19/2022 10/24/2022 239,316.00 5.05 5,478.00 239,646.36 239,670.96 PNC FINANCIAL SERVICES CORPNOTE (CALLABDTD 10/28/2022 5.671% 10/28/2025 693475BH7 475,000.00 A- A3 10/25/2022 10/28/2022 475,000.00 5.67 11,448.33 475,000.00 474,916.40 NATIONAL RURAL UTIL COOPCORPORATE NOTESDTD 10/31/2022 5.450% 10/30/2025 63743HFF4 135,000.00 A- A2 10/20/2022 10/31/2022 134,819.10 5.50 3,086.06 134,904.68 135,427.41 COMCAST CORP CORPORATE NOTESDTD 11/07/2022 5.250% 11/07/2025 20030NDZ1 135,000.00 A- A3 10/31/2022 11/7/2022 134,963.55 5.26 2,835.00 134,980.54 135,466.83 LINDE INC/CT CORPORATE NOTES(CALLABLE)DTD 12/05/2022 4.700% 12/05/2025 53522KAB9 1,065,000.00 A A2 11/28/2022 12/5/2022 1,063,849.80 4.74 16,128.83 1,064,356.69 1,059,717.60 BANK OF AMERICA CORP NOTES(CALLABLE)DTD 12/06/2021 1.530% 12/06/2025 06051GKE8 1,000,000.00 A- A1 12/1/2021 12/6/2021 1,000,000.00 1.53 4,887.50 1,000,000.00 972,258.00

AUST & NZ BANKING GRP NY
CORPORATE NOTESDTD 12/08/2022 5.088% 12/08/2025
05254JAA8 595,000.00 AA- Aa2 11/29/2022 12/8/2022 595,000.00 5.09 9,502.55 595,000.00 593,751.69 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 3,230.00 284,958.07 284,515.22 COOPERAT RABOBANK UA/NYDTD 01/09/2024 4.850% 01/09/2026 21688ABA9 750,000.00 A+ Aa2 1/2/2024 1/9/2024 749,715.00 4.87 8,285.42 749,746.12 746,916.75

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 1,980.49 189,934.54 188,652.71 NATIONAL AUSTRALIA BK/NYCORPORATE NOTESDTD 01/12/2023 4.966% 01/12/2026 63253QAA2 1,045,000.00 AA- Aa2 1/4/2023 1/12/2023 1,045,000.00 4.97 11,388.00 1,045,000.00 1,042,075.05 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 2.01 553.85 150,000.00 145,440.45 24 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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 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 1,052.35 120,000.00 119,308.56 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 1.75 800.25 300,000.00 289,576.20 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 3,154.67 519,811.71 516,999.60 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 2,748.72 875,000.00 851,074.00 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 2,852.81 1,098,470.34 1,089,555.75 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 1,469.33 379,718.72 380,647.14 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 5.26 748.13 284,938.93 286,392.51 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 4.47 278.13 124,944.06 123,699.75 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 1,860.60 700,000.00 703,339.70

AUST & NZ BANKING GRP NY
CORPORATE NOTESDTD 03/18/2024 5.000% 03/18/2026
05253JB26 445,000.00 AA- Aa2 3/11/2024 3/18/2024 445,000.00 5.00 803.47 445,000.00 444,739.23 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 56.41 704,518.58 681,460.50 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 12.09 151,447.41 146,027.25 25 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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
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 2,951.11 159,952.08 157,652.48 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 8,612.50 624,174.73 621,394.80 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 12,296.67 700,000.00 688,628.50 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 8,137.94 494,796.46 489,803.00 GENERAL DYNAMICS CORP NOTES(CALLABLE)DTD 05/10/2021 1.150% 06/01/2026 369550BN7 550,000.00 A- A3 10/31/2023 11/2/2023 493,564.50 5.47 2,108.33 502,610.95 506,586.85 JOHN DEERE CAPITAL CORPCORPORATE NOTESDTD 06/08/2023 4.750% 06/08/2026 24422EWX3 365,000.00 A A1 6/5/2023 6/8/2023 364,788.30 4.77 5,442.05 364,845.86 363,473.57

AMERICAN HONDA FINANCE
CORPORATE NOTESDTD 07/07/2023 5.250% 07/07/2026
02665WEK3 330,000.00 A- A3 7/5/2023 7/7/2023 329,594.10 5.29 4,042.50 329,693.72 331,065.57 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 3,466.58 465,000.00 457,230.32 STATE STREET CORP NOTES(CALLABLE)DTD 08/03/2023 5.272% 08/03/2026 857477CD3 415,000.00 A A1 7/31/2023 8/3/2023 415,000.00 5.27 3,524.92 415,000.00 416,366.60 WELLS FARGO BANK NA BANKNOTES (CALLABLEDTD 08/09/2023 5.450% 08/07/2026 94988J6D4 450,000.00 A+ Aa2 8/3/2023 8/9/2023 449,608.50 5.48 3,678.75 449,692.96 452,079.45 BANK OF AMERICA NA CORPORATENOTESDTD 08/18/2023 5.526% 08/18/2026 06428CAA2 725,000.00 A+ Aa1 8/14/2023 8/18/2023 725,000.00 5.53 4,785.36 725,000.00 731,883.88 HOME DEPOT INC CORPORATENOTESDTD 12/04/2023 4.950% 09/30/2026 437076CV2 285,000.00 A A2 11/27/2023 12/4/2023 284,375.85 5.03 39.19 284,443.76 285,262.49 26 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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
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 12,412.13 495,000.00 497,192.85 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 4,814.07 205,000.00 206,013.32 ROCHE HOLDINGS INC CORP NOTE(CALLABLE)DTD 11/13/2023 5.265% 11/13/2026 771196CE0 765,000.00 AA Aa2 11/6/2023 11/13/2023 765,000.00 5.27 15,439.61 765,000.00 769,760.60 NATIONAL RURAL COOP CORPORATENOTES (CALDTD 11/02/2023 5.600% 11/13/2026 63743HFK3 200,000.00 A- A2 10/30/2023 11/2/2023 199,930.00 5.61 4,635.55 199,938.90 202,571.40 GOLDMAN SACHS GROUP INC CORPNOTES (CALLDTD 11/16/2016 3.500% 11/16/2026 38145GAH3 500,000.00 BBB+ A2 11/9/2023 11/13/2023 467,605.00 5.88 6,562.50 471,731.75 479,795.50 CITIBANK NA CORP NOTES(CALLABLE)DTD 12/04/2023 5.488% 12/04/2026 17325FBC1 430,000.00 A+ Aa3 11/27/2023 12/4/2023 430,000.00 5.49 7,669.48 430,000.00 434,056.19 JP MORGAN CORP NOTES(CALLABLE)DTD 12/08/2023 5.110% 12/08/2026 48125LRU8 500,000.00 A+ Aa2 12/5/2023 12/8/2023 500,000.00 5.11 8,019.86 500,000.00 500,455.00 WELLS FARGO CORP NOTES(CALLABLE)DTD 12/11/2023 5.254% 12/11/2026 94988J6F9 750,000.00 A+ Aa2 12/4/2023 12/11/2023 750,000.00 5.25 12,040.42 750,000.00 752,823.00 CATERPILLAR FINL SERVICECORPORATE NOTESDTD 01/08/2024 4.500% 01/08/2027 14913UAE0 470,000.00 A A2 1/2/2024 1/8/2024 469,492.40 4.54 4,876.25 469,529.07 466,454.32

AUST & NZ BANKING GRP NY BONDS
DTD 01/18/2024 4.750% 01/18/2027
05253JAZ4 1,000,000.00 AA- Aa2 1/8/2024 1/18/2024 1,000,000.00 4.75 9,631.94 1,000,000.00 997,217.00 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 4.76 730.22 85,000.00 83,992.24 TEXAS INSTRUMENTS CORP NOTES(CALLABLE)DTD 02/08/2024 4.600% 02/08/2027 882508CE2 645,000.00 A+ Aa3 2/5/2024 2/8/2024 644,587.20 4.62 4,368.08 644,605.96 643,545.53 27 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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
ELI LILLY & CO CORPORATE NOTESDTD 02/09/2024 4.500% 02/09/2027 532457CJ5 740,000.00 A+ A1 2/7/2024 2/9/2024 739,607.80 4.52 4,810.00 739,625.31 735,024.98 BRISTOL-MYERS SQUIBB CORPNOTES (CALLABLDTD 02/22/2024 4.900% 02/22/2027 110122EE4 230,000.00 A A2 2/14/2024 2/22/2024 229,751.60 4.94 1,220.92 229,759.86 229,714.34

ASTRAZENECA FINANCE LLC CORP
NOTES (CALLDTD 02/26/2024 4.800% 02/26/2027
04636NAK9 545,000.00 A A2 2/21/2024 2/26/2024 544,084.40 4.86 2,543.33 544,111.75 543,658.76 CISCO SYSTEMS INC CORPORATENOTES (CALLADTD 02/26/2024 4.800% 02/26/2027 17275RBQ4 945,000.00 AA- A1 2/21/2024 2/26/2024 943,771.50 4.85 4,410.00 943,808.20 945,888.30 DEERE & COMPANY CAPITAL CORPNOTEDTD 03/07/2024 4.850% 03/05/2027 24422EXM6 500,000.00 A A1 3/4/2024 3/7/2024 499,535.00 4.88 1,616.67 499,544.82 500,069.00

AMERICAN HONDA FINANCE
CORPORATE NOTESDTD 03/13/2024 4.900% 03/12/2027
02665WFD8 490,000.00 A- A3 3/11/2024 3/13/2024 489,730.50 4.92 1,200.50 489,734.82 488,668.67 TOYOTA MOTOR CREDIT CORPCORPORATE NOTESDTD 03/21/2024 5.000% 03/19/2027 89236TLY9 280,000.00 A+ A1 3/18/2024 3/21/2024 279,661.20 5.04 388.89 279,664.34 280,994.56 HORMEL FOODS CORP CORPORATENOTES (CALLADTD 03/08/2024 4.800% 03/30/2027 440452AK6 320,000.00 A- A1 3/5/2024 3/8/2024 319,689.60 4.83 981.34 319,695.81 319,612.48 UNITEDHEALTH GROUP INCCORPORATE NOTES (DTD 03/21/2024 4.600% 04/15/2027 91324PEY4 1,000,000.00 A+ A2 3/19/2024 3/21/2024 993,030.00 4.85 1,277.78 993,093.43 993,820.00 Security Type Sub-Total 37,495,000.00 37,320,497.15 4.26 333,467.78 37,355,580.23 37,111,033.34 Agency CMBS
FHLMC MULTIFAMILY STRUCTUREDPOOLDTD 11/01/2017 3.064% 08/01/2024 3137FBTA4 1,202,633.39 AA+ Aaa 5/25/2022 5/31/2022 1,204,230.65 3.00 3,070.72 1,202,879.12 1,190,771.23 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 2,700.83 995,970.86 989,628.86 28 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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 K041 A2DTD 12/16/2014 3.171% 10/01/2024
3137BFE98 835,108.22 AA+ Aaa 8/30/2022 9/2/2022 824,114.81 3.83 2,206.77 832,461.12 824,309.30 FHMS K045 A2DTD 05/01/2015 3.023% 01/01/2025
3137BHXJ1 1,352,161.35 AA+ Aaa 7/13/2022 7/18/2022 1,335,893.15 3.54 3,406.32 1,347,179.44 1,326,073.71 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 2,270.21 847,737.01 833,073.07 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 1,002,358.31 979,632.98 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 1,441,120.04 1,412,446.62 FHMS K733 A2DTD 11/09/2018 3.750% 08/01/2025
3137FJXQ7 562,493.05 AA+ Aaa 3/6/2023 3/9/2023 544,827.24 5.15 1,757.79 552,671.99 551,855.28 FHMS K733 A2DTD 11/09/2018 3.750% 08/01/2025
3137FJXQ7 562,493.05 AA+ Aaa 8/10/2023 8/15/2023 546,906.37 5.24 1,757.79 551,906.28 551,855.28 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 1,654.00 597,980.18 585,232.07 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 1,019,055.19 992,551.25 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 1,029.38 433,735.47 433,406.07 FNA 2016-M3 A2DTD 03/31/2016 2.702% 02/01/2026
3136ARTE8 724,604.89 AA+ Aaa 10/6/2022 10/12/2022 683,619.43 4.55 1,631.57 701,838.96 696,305.31 FHMS K734 A2DTD 04/18/2019 3.208% 02/01/2026
3137FLN34 700,000.00 AA+ Aaa 10/18/2023 10/23/2023 666,914.06 5.42 1,871.33 673,316.51 679,701.59 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 1,445.63 651,006.60 643,791.86 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 1,285.00 571,517.76 572,259.43 FHMS K736 A2DTD 09/01/2019 2.282% 07/01/2026
3137FNWX4 800,000.00 AA+ Aaa 10/5/2023 10/11/2023 742,281.25 5.13 1,521.33 752,326.87 759,082.40 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 1,658.13 725,807.41 713,922.49 FHMS K059 A2DTD 11/29/2016 3.120% 09/01/2026
3137BSRE5 1,250,000.00 AA+ Aaa 11/15/2023 11/20/2023 1,183,935.55 5.16 3,250.00 1,192,052.55 1,201,963.85 29 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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 516,166.73 AA+ Aaa 5/19/2023 5/24/2023 500,278.47 4.31 1,439.68 504,234.74 498,397.15 FHMS K063 A2DTD 03/01/2017 3.430% 01/01/2027
3137BVZ82 600,000.00 AA+ Aaa 10/17/2023 10/20/2023 565,687.50 5.38 1,715.00 570,501.23 579,844.09 FHLMC MULTIFAMILY STRUCTURED PDTD 07/01/2017 3.243% 04/01/2027 3137F1G44 650,000.00 AA+ Aaa 11/9/2023 11/14/2023 612,345.70 5.11 1,756.63 616,587.15 623,671.86 Security Type Sub-Total 18,155,660.67 17,620,156.26 4.18 46,397.59 17,784,244.79 17,639,775.75 ABS
KCOT 2022-1A A2DTD 03/23/2022 2.340% 04/15/2025
50117EAB0 1,914.03 NR Aaa 3/15/2022 3/23/2022 1,913.96 2.34 1.99 1,914.01 1,911.29 VWALT 2022-A A3DTD 06/14/2022 3.440% 07/21/2025
92868AAC9 152,296.60 NR Aaa 6/7/2022 6/14/2022 152,284.48 3.44 160.08 152,291.51 151,447.36 KCOT 2021-1A A3DTD 04/14/2021 0.620% 08/15/2025
50117TAC5 106,312.25 NR Aaa 4/6/2021 4/14/2021 106,290.50 0.62 29.29 106,305.37 104,896.50 CARMX 2020-4 A3DTD 10/21/2020 0.500% 08/15/2025
14316HAC6 23,580.21 AAA NR 10/14/2020 10/21/2020 23,575.03 0.50 5.24 23,578.73 23,472.42 HART 2021-A A3DTD 04/28/2021 0.380% 09/15/2025
44933LAC7 49,670.98 AAA NR 4/20/2021 4/28/2021 49,665.75 0.38 8.39 49,669.24 49,256.70 KCOT 2021-2A A3DTD 07/28/2021 0.560% 11/17/2025
50117XAE2 271,111.49 NR Aaa 7/20/2021 7/28/2021 271,101.27 0.56 67.48 271,107.62 265,212.48 CARMX 2021-1 A3DTD 01/27/2021 0.340% 12/15/2025
14316NAC3 40,449.15 AAA NR 1/20/2021 1/27/2021 40,441.16 0.34 6.11 40,446.36 39,915.23 HAROT 2021-4 A3DTD 11/24/2021 0.880% 01/21/2026
43815GAC3 233,639.85 NR Aaa 11/16/2021 11/24/2021 233,590.60 0.89 57.11 233,618.45 228,017.05 CARMX 2021-2 A3DTD 04/21/2021 0.520% 02/17/2026
14314QAC8 134,038.19 AAA NR 4/13/2021 4/21/2021 134,009.31 0.52 30.98 134,026.94 131,844.43 TAOT 2021-D A3DTD 11/15/2021 0.710% 04/15/2026
89238JAC9 243,107.58 AAA NR 11/9/2021 11/15/2021 243,102.40 0.71 76.71 243,105.19 236,745.79 HART 2021-C A3DTD 11/17/2021 0.740% 05/15/2026
44935FAD6 175,625.50 AAA NR 11/9/2021 11/17/2021 175,586.30 0.75 57.76 175,607.00 171,756.08 HAROT 2022-1 A3DTD 02/23/2022 1.880% 05/15/2026
43815BAC4 285,684.99 AAA Aaa 2/15/2022 2/23/2022 285,642.02 1.88 238.71 285,663.42 279,126.81 30 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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
CARMX 2021-3 A3DTD 07/28/2021 0.550% 06/15/2026
14317DAC4 421,857.37 AAA Aaa 7/21/2021 7/28/2021 421,787.98 0.55 103.12 421,826.04 410,496.33 FORDO 2022-A A3DTD 01/24/2022 1.290% 06/15/2026
345286AC2 92,557.90 AAA NR 1/19/2022 1/24/2022 92,546.90 1.29 53.07 92,552.38 90,376.36 VALET 2021-1 A3DTD 12/13/2021 1.020% 06/22/2026
92868KAC7 293,691.02 AAA Aaa 12/7/2021 12/13/2021 293,679.50 1.02 91.53 293,685.36 286,994.84 BMWOT 2022-A A3DTD 05/18/2022 3.210% 08/25/2026
05602RAD3 325,644.65 AAA Aaa 5/10/2022 5/18/2022 325,627.72 3.21 174.22 325,635.14 320,763.01 TAOT 2022-B A3DTD 04/13/2022 2.930% 09/15/2026
89238FAD5 368,498.14 AAA Aaa 4/7/2022 4/13/2022 368,489.53 2.93 479.87 368,493.36 362,118.77 COPAR 2021-1 A3DTD 10/27/2021 0.770% 09/15/2026
14044CAC6 249,404.91 AAA Aaa 10/19/2021 10/27/2021 249,400.19 0.77 85.35 249,402.54 242,294.48 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 0.58 104.40 404,957.12 396,023.90 GMCAR 2021-4 A3DTD 10/21/2021 0.680% 09/16/2026
362554AC1 210,316.78 AAA Aaa 10/13/2021 10/21/2021 210,311.42 0.68 59.59 210,314.09 204,221.21 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 2.67 907.80 764,939.17 747,066.11 WOART 2021-D A3DTD 11/03/2021 0.810% 10/15/2026
98163KAC6 289,592.96 AAA NR 10/26/2021 11/3/2021 289,553.52 0.81 104.25 289,572.73 282,106.03 HART 2022-A A3DTD 03/16/2022 2.220% 10/15/2026
448977AD0 652,751.75 AAA NR 3/9/2022 3/16/2022 652,726.62 2.22 644.05 652,737.83 638,939.78 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 1.04 413.69 894,934.76 870,710.33 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 3.72 777.07 469,999.88 463,701.30 GMCAR 2022-1 A3DTD 01/19/2022 1.260% 11/16/2026
380146AC4 223,152.26 AAA NR 1/11/2022 1/19/2022 223,132.87 1.26 117.15 223,141.71 217,203.00 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 1,308.80 719,918.91 709,889.47 CHAIT 2024-A1 ADTD 01/31/2024 4.600% 01/15/2027
161571HV9 1,085,000.00 AAA NR 1/24/2024 1/31/2024 1,084,834.75 4.61 2,218.22 1,084,843.62 1,079,292.68 HDMOT 2022-A A3DTD 04/20/2022 3.060% 02/15/2027
41284YAD8 554,538.09 AAA Aaa 4/12/2022 4/20/2022 554,445.75 3.06 754.17 554,483.06 545,463.35 31 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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
CARMX 2022-2 A3DTD 04/28/2022 3.490% 02/16/2027
14317HAC5 490,290.10 AAA Aaa 4/21/2022 4/28/2022 490,215.52 3.49 760.49 490,245.44 482,776.55 GMCAR 2022-2 A3DTD 04/13/2022 3.100% 02/16/2027
362585AC5 332,232.53 AAA Aaa 4/5/2022 4/13/2022 332,163.10 3.10 429.13 332,191.30 326,352.18 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 1,099,950.63 1,073,798.44 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 1,367.44 774,988.28 764,149.15 COPAR 2022-1 A3DTD 05/04/2022 3.170% 04/15/2027
14043QAC6 447,658.81 AAA NR 4/26/2022 5/4/2022 447,561.00 3.17 630.70 447,598.78 438,653.12 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 3.76 434.49 259,971.71 255,558.94 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 3.64 712.83 469,997.93 462,350.14 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 3.49 659.22 424,956.93 416,601.32 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 3.66 715.73 439,979.36 431,529.56 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 1,089,848.76 1,067,504.14 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 4.46 931.64 469,934.43 465,502.85 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 1,124,990.51 1,118,381.29 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 1,137.87 509,939.25 508,117.34 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 1,455.64 919,923.93 900,301.70 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 2,124.13 894,852.24 895,546.58 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 1,179,833.59 1,177,734.40 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 4.63 514.44 249,999.91 247,726.05 32 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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
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 4.93 799.76 364,952.01 363,457.95 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 4.51 531.18 264,976.03 262,000.25 CCCIT 2023-A1 A1DTD 12/01/2023 5.230% 12/01/2027
17305EGW9 215,000.00 AAA Aaa 12/4/2023 12/11/2023 214,973.04 5.23 3,748.17 214,974.93 215,319.15 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 1,111.00 494,961.59 493,800.96 KCOT 2023-2A A3DTD 07/26/2023 5.280% 01/18/2028
500945AC4 390,000.00 NR Aaa 7/18/2023 7/26/2023 389,901.49 5.29 915.20 389,916.53 391,013.88 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 4.65 785.33 379,968.53 376,688.00 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 1,235.07 589,973.01 586,110.25 BAAT 2023-1A A3DTD 07/31/2023 5.530% 02/15/2028
06428AAC2 390,000.00 NR Aaa 7/25/2023 7/31/2023 389,985.22 5.53 958.53 389,987.40 391,535.66 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 4.47 726.38 389,991.43 386,255.49 BMWOT 2023-A A3DTD 07/18/2023 5.470% 02/25/2028
05592XAD2 245,000.00 AAA NR 7/11/2023 7/18/2023 244,956.59 5.47 223.36 244,963.24 246,186.73 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 4.31 881.16 459,978.60 453,991.02 ALLYA 2023-1 A3
DTD 07/19/2023 5.460% 05/15/2028
02007WAC2 515,000.00 NR Aaa 7/11/2023 7/19/2023 514,912.19 5.46 1,249.73 514,925.00 516,795.96 FORDO 2023-B A3DTD 06/26/2023 5.230% 05/15/2028
344930AD4 415,000.00 AAA NR 6/21/2023 6/26/2023 414,994.40 5.23 964.64 414,995.28 415,980.69 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 4.87 822.49 379,971.77 375,448.89 BACCT 2023-A1 A1DTD 06/16/2023 4.790% 05/15/2028
05522RDG0 245,000.00 AAA NR 6/8/2023 6/16/2023 244,944.53 4.79 521.58 244,953.49 243,733.69 HAROT 2023-4 A3DTD 11/08/2023 5.670% 06/21/2028
438123AC5 250,000.00 NR Aaa 11/1/2023 11/8/2023 249,955.98 5.67 393.75 249,959.34 253,127.20 KCOT 2024-1A A3DTD 02/21/2024 5.190% 07/17/2028
50117BAC4 405,000.00 NR Aaa 2/14/2024 2/21/2024 404,984.16 5.19 934.20 404,984.52 405,450.51 33 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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
TAOT 2023-D A3DTD 11/14/2023 5.540% 08/15/2028
89239FAD4 200,000.00 AAA NR 11/7/2023 11/14/2023 199,978.44 5.54 492.44 199,979.97 202,065.10 FITAT 2023-1 A3DTD 08/23/2023 5.530% 08/15/2028
31680EAD3 790,000.00 AAA Aaa 8/15/2023 8/23/2023 789,951.02 5.53 1,941.64 789,957.00 795,201.20 GMCAR 2023-4 A3DTD 10/11/2023 5.780% 08/16/2028
379930AD2 340,000.00 AAA Aaa 10/3/2023 10/11/2023 339,930.16 5.78 818.83 339,936.16 344,832.69 HART 2023-C A3DTD 11/13/2023 5.540% 10/16/2028
44918CAD4 240,000.00 AAA NR 11/3/2023 11/13/2023 239,968.44 5.54 590.93 239,970.61 242,563.85 BACCT 2023-A2 A2DTD 12/14/2023 4.980% 11/15/2028
05522RDH8 265,000.00 NR Aaa 12/7/2023 12/14/2023 264,964.41 4.98 586.53 264,966.33 265,911.20 Security Type Sub-Total 29,149,618.09 29,146,106.11 3.75 50,365.37 29,147,217.29 28,811,317.16 Managed Account Sub Total 152,465,278.76 151,439,499.77 1,202,041.36 150,656,959.19Securities Sub TotalAccrued Interest $152,465,278.76 $151,439,499.77 $1,202,041.36 $150,656,959.19 $1,202,041.36
151,726,474.28
$151,726,474.28

4.19 4.19%
Total Investments $151,859,000.55
34 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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)
BUY1/2/2024 1/8/2024 470,000.00 14913UAE0 CATERPILLAR FINL SERVICE CORPORATE NOTES 4.50% 1/8/2027 469,492.40 4.54%1/2/2024 1/9/2024 750,000.00 21688ABA9 COOPERAT RABOBANK UA/NY 4.85% 1/9/2026 749,715.00 4.87%1/3/2024 1/5/2024 2,500,000.00 91282CJP7 US TREASURY N/B NOTES 4.37% 12/15/2026 2,522,486.55 4.14%1/4/2024 1/9/2024 1,500,000.00 91282CJP7 US TREASURY N/B NOTES 4.37% 12/15/2026 1,515,381.02 4.11%1/8/2024 1/18/2024 1,000,000.00 05253JAZ4 AUST & NZ BANKING GRP NY BONDS 4.75% 1/18/2027 1,000,000.00 4.75%1/24/2024 1/31/2024 1,085,000.00 161571HV9 CHAIT 2024-A1 A 4.60% 1/15/2027 1,084,834.75 4.61%2/1/2024 2/5/2024 1,125,000.00 22536DWD6 CREDIT AGRICOLE CIB NY CERT DEPOS 4.76% 2/1/2027 1,125,000.00 4.76%2/2/2024 2/7/2024 2,500,000.00 91282CJT9 US TREASURY N/B NOTES 4.00% 1/15/2027 2,496,357.74 4.15%2/5/2024 2/8/2024 645,000.00 882508CE2 TEXAS INSTRUMENTS CORP NOTES (CALLABLE) 4.60% 2/8/2027 644,587.20 4.62%2/7/2024 2/9/2024 740,000.00 532457CJ5 ELI LILLY & CO CORPORATE NOTES 4.50% 2/9/2027 739,607.80 4.52%2/13/2024 2/16/2024 750,000.00 91282CKA8 US TREASURY N/B NOTES 4.12% 2/15/2027 743,112.33 4.46%2/14/2024 2/21/2024 405,000.00 50117BAC4 KCOT 2024-1A A3 5.19% 7/17/2028 404,984.16 5.19%2/14/2024 2/22/2024 230,000.00 110122EE4 BRISTOL-MYERS SQUIBB CORP NOTES (CALLABL 4.90% 2/22/2027 229,751.60 4.94%2/20/2024 2/22/2024 400,000.00 91282CKA8 US TREASURY N/B NOTES 4.12% 2/15/2027 397,567.31 4.37%2/21/2024 2/26/2024 945,000.00 17275RBQ4 CISCO SYSTEMS INC CORPORATE NOTES (CALLA 4.80% 2/26/2027 943,771.50 4.85%2/21/2024 2/26/2024 545,000.00 04636NAK9 ASTRAZENECA FINANCE LLC CORP NOTES (CALL 4.80% 2/26/2027 544,084.40 4.86%3/4/2024 3/7/2024 500,000.00 24422EXM6 DEERE & COMPANY CAPITAL CORP NOTE 4.85% 3/5/2027 499,535.00 4.88% 35 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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)
BUY3/5/2024 3/8/2024 320,000.00 440452AK6 HORMEL FOODS CORP CORPORATE NOTES (CALLA 4.80% 3/30/2027 319,689.60 4.83%3/7/2024 3/12/2024 2,500,000.00 91282CKA8 US TREASURY N/B NOTES 4.12% 2/15/2027 2,496,135.60 4.29%3/11/2024 3/13/2024 490,000.00 02665WFD8 AMERICAN HONDA FINANCE CORPORATE NOTES 4.90% 3/12/2027 489,730.50 4.92%3/11/2024 3/18/2024 445,000.00 05253JB26 AUST & NZ BANKING GRP NY CORPORATE NOTES 5.00% 3/18/2026 445,000.00 5.00%3/18/2024 3/21/2024 280,000.00 89236TLY9 TOYOTA MOTOR CREDIT CORP CORPORATE NOTES 5.00% 3/19/2027 279,661.20 5.04%3/19/2024 3/21/2024 1,000,000.00 91324PEY4 UNITEDHEALTH GROUP INC CORPORATE NOTES ( 4.60% 4/15/2027 993,030.00 4.85% Total BUY 21,125,000.00 21,133,515.66 0.00
INTEREST1/1/2024 1/1/2024 305,000.00 646140DN0 NJ TURNPIKE AUTHORITY TXBL REV BONDS 0.89% 1/1/2025 1,367.931/1/2024 1/1/2024 395,000.00 341271AD6 FL ST BOARD OF ADMIN TXBL REV BONDS 1.25% 7/1/2025 2,484.551/1/2024 1/25/2024 1,000,000.00 3137BEVH4 FHLMC MULTIFAMILY STRUCTURED P 3.24% 9/1/2024 2,700.831/1/2024 1/25/2024 1,275,000.00 3137BRQJ7 FHMS K057 A2 2.57% 7/1/2026 2,730.631/1/2024 1/25/2024 700,000.00 3137FLN34 FHMS K734 A2 3.20% 2/1/2026 1,871.331/1/2024 1/25/2024 840,921.22 3137BFE98 FHMS K041 A2 3.17% 10/1/2024 2,222.131/1/2024 1/25/2024 800,000.00 3137FNWX4 FHMS K736 A2 2.28% 7/1/2026 1,521.331/1/2024 1/25/2024 758,655.94 3136ARTE8 FNA 2016-M3 A2 2.70% 2/1/2026 1,708.241/1/2024 1/25/2024 1,192,150.87 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 3,725.47 36 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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)
INTEREST1/1/2024 1/25/2024 1,450,000.00 3137BLMZ8 FHLMC SERIES K049 A2 3.01% 7/1/2025 3,637.081/1/2024 1/25/2024 1,025,000.00 3137BN6G4 FHMS K053 A2 2.99% 12/1/2025 2,558.231/1/2024 1/25/2024 600,000.00 3137BM7C4 FHMS K052 A1 3.30% 9/1/2025 1,654.001/1/2024 1/25/2024 519,222.77 3137BTUM1 FHMS K061 A2 3.34% 11/1/2026 1,448.201/1/2024 1/25/2024 650,000.00 3137F1G44 FHLMC MULTIFAMILY STRUCTURED P 3.24% 4/1/2027 1,756.631/1/2024 1/25/2024 5,915.55 3137FCM35 FHLMC MULTIFAMILY STRUCTURED P POOL 2.95% 2/1/2024 14.551/1/2024 1/25/2024 1,250,000.00 3137BSRE5 FHMS K059 A2 3.12% 9/1/2026 3,250.001/1/2024 1/25/2024 1,208,928.55 3137FBTA4 FHLMC MULTIFAMILY STRUCTURED POOL 3.06% 8/1/2024 3,086.801/1/2024 1/25/2024 850,000.00 3137BJP64 FHMS K046 A2 3.20% 3/1/2025 2,270.211/1/2024 1/25/2024 750,000.00 3137BSP72 FHMS K058 A2 2.65% 8/1/2026 1,658.131/1/2024 1/25/2024 1,359,689.61 3137BHXJ1 FHMS K045 A2 3.02% 1/1/2025 3,425.281/1/2024 1/25/2024 1,000,000.00 3137BKRJ1 FHMS K047 A2 3.32% 5/1/2025 2,774.171/1/2024 1/25/2024 600,000.00 3137BVZ82 FHMS K063 A2 3.43% 1/1/2027 1,715.001/1/2024 1/25/2024 450,000.00 3137BNGT5 FHMS K054 A2 2.74% 1/1/2026 1,029.381/2/2024 1/2/2024 MONEY0002 MONEY MARKET FUND 1,436.341/6/2024 1/6/2024 285,000.00 14913R3B1 CATERPILLAR FINL SERVICE CORPORATE NOTES 4.80% 1/6/2026 6,840.001/7/2024 1/7/2024 330,000.00 02665WEK3 AMERICAN HONDA FINANCE CORPORATE NOTES 5.25% 7/7/2026 8,662.50 37 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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)
INTEREST1/10/2024 1/10/2024 750,000.00 21688AAS1 COOPERATIEVE RABOBANK UA CORPORATE 1.37% 1/10/2025 5,156.251/12/2024 1/12/2024 1,045,000.00 63253QAA2 NATIONAL AUSTRALIA BK/NY CORPORATE NOTES 4.96% 1/12/2026 25,947.351/12/2024 1/12/2024 190,000.00 02665WEC1 AMERICAN HONDA FINANCE CORPORATE NOTES 4.75% 1/12/2026 4,512.501/13/2024 1/13/2024 300,000.00 02665WEA5 AMERICAN HONDA FINANCE CORPORATE NOTES 1.50% 1/13/2025 2,250.001/15/2024 1/15/2024 2,900,000.00 91282CHM6 US TREASURY NOTES 4.50% 7/15/2026 65,250.001/15/2024 1/15/2024 895,000.00 14041NFY2 COMET 2021-A3 A3 1.04% 11/15/2026 775.671/15/2024 1/15/2024 265,000.00 05522RDH8 BACCT 2023-A2 A2 4.98% 11/15/2028 1,136.411/15/2024 1/15/2024 579,269.71 14317HAC5 CARMX 2022-2 A3 3.49% 2/16/2027 1,684.711/15/2024 1/15/2024 200,000.00 89239FAD4 TAOT 2023-D A3 5.54% 8/15/2028 923.331/15/2024 1/15/2024 60,235.12 14316HAC6 CARMX 2020-4 A3 0.50% 8/15/2025 25.101/15/2024 1/15/2024 666,999.68 41284YAD8 HDMOT 2022-A A3 3.06% 2/15/2027 1,700.851/15/2024 1/15/2024 3,200,000.00 91282CGE5 US TREASURY NOTES 3.87% 1/15/2026 62,000.001/15/2024 1/15/2024 161,293.64 50117TAC5 KCOT 2021-1A A3 0.62% 8/15/2025 83.341/15/2024 1/15/2024 765,000.00 50117EAC8 KCOT 2022-1A A3 2.67% 10/15/2026 1,702.131/15/2024 1/15/2024 790,000.00 31680EAD3 FITAT 2023-1 A3 5.53% 8/15/2028 3,640.581/15/2024 1/15/2024 765,000.00 576004GY5 MASSACHUSETTS CMNWLTH MUNICIPAL BONDS 3.66% 1/15/2025 13,999.501/15/2024 1/15/2024 380,000.00 344928AD8 FORDO 2023-A A3 4.65% 2/15/2028 1,472.50 38 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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)
INTEREST1/15/2024 1/15/2024 425,000.00 14041NGA3 COMET 2022-A2 A 3.49% 5/15/2027 1,236.041/15/2024 1/15/2024 260,000.00 89231CAD9 TAOT 2022-C A3 3.76% 4/15/2027 814.671/15/2024 1/15/2024 415,000.00 344930AD4 FORDO 2023-B A3 5.23% 5/15/2028 1,808.711/15/2024 1/15/2024 45,963.22 50117EAB0 KCOT 2022-1A A2 2.34% 4/15/2025 89.631/15/2024 1/15/2024 380,000.00 02582JJZ4 AMXCA 2023-1 A 4.87% 5/15/2028 1,542.171/15/2024 1/15/2024 405,000.00 254683CP8 DCENT 2021-A1 A1 0.58% 9/15/2026 195.751/15/2024 1/15/2024 115,613.76 345286AC2 FORDO 2022-A A3 1.29% 6/15/2026 124.281/15/2024 1/15/2024 227,869.65 44935FAD6 HART 2021-C A3 0.74% 5/15/2026 140.521/15/2024 1/15/2024 190,118.36 14314QAC8 CARMX 2021-2 A3 0.52% 2/17/2026 82.381/15/2024 1/15/2024 775,000.00 14318MAD1 CARMX 2022-3 A3 3.97% 4/15/2027 2,563.961/15/2024 1/15/2024 390,000.00 500945AC4 KCOT 2023-2A A3 5.28% 1/18/2028 1,716.001/15/2024 1/15/2024 91,098.68 44933LAC7 HART 2021-A A3 0.38% 9/15/2025 28.851/15/2024 1/15/2024 240,000.00 44918CAD4 HART 2023-C A3 5.54% 10/16/2028 1,108.001/15/2024 1/15/2024 362,040.16 98163KAC6 WOART 2021-D A3 0.81% 10/15/2026 244.381/15/2024 1/15/2024 245,000.00 05522RDG0 BACCT 2023-A1 A1 4.79% 5/15/2028 977.961/15/2024 1/15/2024 1,475,000.00 91282CEY3 US TREASURY NOTES 3.00% 7/15/2025 22,125.001/15/2024 1/15/2024 791,440.56 448977AD0 HART 2022-A A3 2.22% 10/15/2026 1,464.17 39 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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)
INTEREST1/15/2024 1/15/2024 250,000.00 891940AC2 TAOT 2023-A A3 4.63% 9/15/2027 964.581/15/2024 1/15/2024 515,000.00 02007WAC2 ALLYA 2023-1 A3 5.46% 5/15/2028 2,343.251/15/2024 1/15/2024 440,000.00 14043GAD6 COPAR 2022-2 A3 3.66% 5/17/2027 1,342.001/15/2024 1/15/2024 920,000.00 254683CW3 DCENT 2022-A3 A3 3.56% 7/15/2027 2,729.331/15/2024 1/15/2024 309,290.95 14044CAC6 COPAR 2021-1 A3 0.77% 9/15/2026 198.461/15/2024 1/15/2024 510,000.00 50117KAC4 KCOT 2023-1A A3 5.02% 6/15/2027 2,133.501/15/2024 1/15/2024 590,000.00 891941AD8 TAOT 2023-B A3 4.71% 2/15/2028 2,315.751/15/2024 1/15/2024 460,000.00 254683CY9 DCENT 2023-A1 A 4.31% 3/15/2028 1,652.171/15/2024 1/15/2024 470,000.00 65480JAC4 NAROT 2022-B A3 4.46% 5/17/2027 1,746.831/15/2024 1/15/2024 720,000.00 50117JAC7 KCOT 2022-2A A3 4.09% 12/15/2026 2,454.001/15/2024 1/15/2024 9,433.05 98163WAC0 WOART 2020-B A3 0.63% 5/15/2025 4.951/15/2024 1/15/2024 495,000.00 41285JAD0 HDMOT 2023-A A3 5.05% 12/15/2027 2,083.131/15/2024 1/15/2024 1,100,000.00 14041NFZ9 COMET 2022-A1 A1 2.80% 3/15/2027 2,566.671/15/2024 1/15/2024 895,000.00 14318UAD3 CARMX 2022-4 A3 5.34% 8/16/2027 3,982.751/15/2024 1/15/2024 265,000.00 58770AAC7 MBART 2023-1 A3 4.51% 11/15/2027 995.961/15/2024 1/15/2024 1,125,000.00 02008MAC3 ALLYA 2022-2 A3 4.76% 5/17/2027 4,462.501/15/2024 1/15/2024 529,801.29 14317DAC4 CARMX 2021-3 A3 0.55% 6/15/2026 242.83 40 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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)
INTEREST1/15/2024 1/15/2024 1,180,000.00 58768PAC8 MBART 2022-1 A3 5.21% 8/16/2027 5,123.171/15/2024 1/15/2024 63,612.71 14316NAC3 CARMX 2021-1 A3 0.34% 12/15/2025 18.021/15/2024 1/15/2024 351,325.31 43815BAC4 HAROT 2022-1 A3 1.88% 5/15/2026 550.411/15/2024 1/15/2024 1,090,000.00 02582JJT8 AMXCA 2022-2 A 3.39% 5/17/2027 3,079.251/15/2024 1/15/2024 307,724.40 89238JAC9 TAOT 2021-D A3 0.71% 4/15/2026 182.071/15/2024 1/15/2024 470,000.00 44918MAD2 HART 2022-B A3 3.72% 11/16/2026 1,457.001/15/2024 1/15/2024 390,000.00 06428AAC2 BAAT 2023-1A A3 5.53% 2/15/2028 1,797.251/15/2024 1/15/2024 450,000.00 14043QAC6 COPAR 2022-1 A3 3.17% 4/15/2027 1,188.751/15/2024 1/15/2024 425,000.00 89238FAD5 TAOT 2022-B A3 2.93% 9/15/2026 1,037.711/15/2024 1/15/2024 359,196.91 50117XAE2 KCOT 2021-2A A3 0.56% 11/17/2025 167.631/15/2024 1/15/2024 365,000.00 437927AC0 HAROT 2023-2 A3 4.93% 11/15/2027 1,499.541/16/2024 1/16/2024 340,000.00 379930AD2 GMCAR 2023-4 A3 5.78% 8/16/2028 1,637.671/16/2024 1/16/2024 26,351.89 362590AC5 GMCAR 2020-3 A3 0.45% 4/16/2025 9.881/16/2024 1/16/2024 390,000.00 362583AD8 GMCAR 2023-2 A3 4.47% 2/16/2028 1,452.751/16/2024 1/16/2024 470,000.00 36265WAD5 GMCAR 2022-3 A3 3.64% 4/16/2027 1,425.671/16/2024 1/16/2024 365,000.00 362585AC5 GMCAR 2022-2 A3 3.10% 2/16/2027 942.921/16/2024 1/16/2024 259,356.62 362554AC1 GMCAR 2021-4 A3 0.68% 9/16/2026 146.97 41 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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)
INTEREST1/16/2024 1/16/2024 271,034.64 380146AC4 GMCAR 2022-1 A3 1.26% 11/16/2026 284.591/17/2024 1/17/2024 1,100,000.00 21684LGS5 COOPERAT RABOBANK UA/NY CERT DEPOS 5.08% 7/17/2026 27,474.331/17/2024 1/17/2024 525,000.00 713448CY2 PEPSICO INC CORP NOTES (CALLABLE) 3.50% 7/17/2025 9,187.501/18/2024 1/18/2024 5,767.26 43813KAC6 HAROT 2020-3 A3 0.37% 10/18/2024 1.781/20/2024 1/20/2024 378,565.07 92868KAC7 VALET 2021-1 A3 1.02% 6/22/2026 321.781/20/2024 1/20/2024 225,000.00 92868AAC9 VWALT 2022-A A3 3.44% 7/21/2025 645.001/21/2024 1/21/2024 250,000.00 438123AC5 HAROT 2023-4 A3 5.67% 6/21/2028 1,181.251/21/2024 1/21/2024 299,517.48 43815GAC3 HAROT 2021-4 A3 0.88% 1/21/2026 219.651/25/2024 1/25/2024 245,000.00 05592XAD2 BMWOT 2023-A A3 5.47% 2/25/2028 1,116.791/25/2024 1/25/2024 400,277.56 05602RAD3 BMWOT 2022-A A3 3.21% 8/25/2026 1,070.741/25/2024 1/25/2024 150,000.00 17327CAN3 CITIGROUP INC CORP NOTES (CALLABLE) 2.01% 1/25/2026 1,510.501/26/2024 1/26/2024 120,000.00 857477BZ5 STATE STREET CORP NOTES (CALLABLE) 4.85% 1/26/2026 2,914.201/26/2024 1/26/2024 85,000.00 693475BL8 PNC FINANCIAL SERVICES CORP NOTES (CALLA 4.75% 1/26/2027 2,022.151/27/2024 1/27/2024 1,065,000.00 459200KS9 IBM CORP CORPORATE NOTES 4.00% 7/27/2025 21,300.001/28/2024 1/28/2024 465,000.00 89788MAH5 TRUIST FIN CORP NOTES (CALLABLE) 4.26% 7/28/2026 9,904.501/29/2024 1/29/2024 725,000.00 458140AS9 INTEL CORP NOTES (CALLABLE) 3.70% 7/29/2025 13,412.501/30/2024 1/30/2024 650,000.00 172967MT5 CITIGROUP INC CORP NOTES (CALLABLE) 6.00% 10/30/2024 10,036.96 42 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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)
INTEREST1/30/2024 1/30/2024 750,000.00 025816CG2 AMERICAN EXPRESS CO CORP NOTES (CALLABLE 2.50% 7/30/2024 9,375.002/1/2024 2/1/2024 MONEY0002 MONEY MARKET FUND 1,616.102/1/2024 2/1/2024 172967MT5 CITIGROUP INC CORP NOTES (CALLABLE) 6.00% 10/30/2024 9.232/1/2024 2/25/2024 1,025,000.00 3137BN6G4 FHMS K053 A2 2.99% 12/1/2025 2,558.232/1/2024 2/25/2024 1,206,924.88 3137FBTA4 FHLMC MULTIFAMILY STRUCTURED POOL 3.06% 8/1/2024 3,081.682/1/2024 2/25/2024 518,249.10 3137BTUM1 FHMS K061 A2 3.34% 11/1/2026 1,445.482/1/2024 2/25/2024 600,000.00 3137BM7C4 FHMS K052 A1 3.30% 9/1/2025 1,654.002/1/2024 2/25/2024 1,450,000.00 3137BLMZ8 FHLMC SERIES K049 A2 3.01% 7/1/2025 3,637.082/1/2024 2/25/2024 600,000.00 3137BVZ82 FHMS K063 A2 3.43% 1/1/2027 1,715.002/1/2024 2/25/2024 1,191,549.82 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 3,723.592/1/2024 2/25/2024 1,275,000.00 3137BRQJ7 FHMS K057 A2 2.57% 7/1/2026 2,730.632/1/2024 2/25/2024 1,357,275.63 3137BHXJ1 FHMS K045 A2 3.02% 1/1/2025 3,419.202/1/2024 2/25/2024 700,000.00 3137FLN34 FHMS K734 A2 3.20% 2/1/2026 1,871.332/1/2024 2/25/2024 800,000.00 3137FNWX4 FHMS K736 A2 2.28% 7/1/2026 1,521.332/1/2024 2/25/2024 750,000.00 3137BSP72 FHMS K058 A2 2.65% 8/1/2026 1,658.132/1/2024 2/25/2024 1,250,000.00 3137BSRE5 FHMS K059 A2 3.12% 9/1/2026 3,250.002/1/2024 2/25/2024 839,057.56 3137BFE98 FHMS K041 A2 3.17% 10/1/2024 2,217.21 43 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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)
INTEREST2/1/2024 2/25/2024 726,748.75 3136ARTE8 FNA 2016-M3 A2 2.70% 2/1/2026 1,636.402/1/2024 2/25/2024 450,000.00 3137BNGT5 FHMS K054 A2 2.74% 1/1/2026 1,029.382/1/2024 2/25/2024 1,000,000.00 3137BKRJ1 FHMS K047 A2 3.32% 5/1/2025 2,774.172/1/2024 2/25/2024 850,000.00 3137BJP64 FHMS K046 A2 3.20% 3/1/2025 2,270.212/1/2024 2/25/2024 1,000,000.00 3137BEVH4 FHLMC MULTIFAMILY STRUCTURED P 3.24% 9/1/2024 2,700.832/1/2024 2/25/2024 650,000.00 3137F1G44 FHLMC MULTIFAMILY STRUCTURED P 3.24% 4/1/2027 1,756.632/3/2024 2/3/2024 415,000.00 857477CD3 STATE STREET CORP NOTES (CALLABLE) 5.27% 8/3/2026 10,939.402/6/2024 2/6/2024 300,000.00 857477BR3 STATE STREET CORP (CALLABLE) CORPORATE N 1.74% 2/6/2026 2,619.002/7/2024 2/7/2024 200,000.00 63743HFC1 NATIONAL RURAL UTIL COOP CORPORATE NOTES 1.87% 2/7/2025 1,875.002/7/2024 2/7/2024 450,000.00 94988J6D4 WELLS FARGO BANK NA BANK NOTES (CALLABLE 5.45% 8/7/2026 12,126.252/11/2024 2/11/2024 375,000.00 69371RR99 PACCAR FINANCIAL CORP CORPORATE NOTES 3.55% 8/11/2025 6,656.252/11/2024 2/11/2024 725,000.00 05565ECC7 BMW US CAPITAL LLC CORPORATE NOTES 5.30% 8/11/2025 19,212.502/12/2024 2/12/2024 300,000.00 05565EBU8 BMW US CAPITAL LLC CORPORATE NOTES 0.75% 8/12/2024 1,125.002/13/2024 2/13/2024 520,000.00 713448FQ6 PEPSICO INC CORP NOTES (CALLABLE) 4.55% 2/13/2026 11,830.002/15/2024 2/15/2024 720,000.00 50117JAC7 KCOT 2022-2A A3 4.09% 12/15/2026 2,454.002/15/2024 2/15/2024 329,250.17 50117XAE2 KCOT 2021-2A A3 0.56% 11/17/2025 153.652/15/2024 2/15/2024 3,200,000.00 91282CGL9 US TREASURY NOTES 4.00% 2/15/2026 64,000.00 44 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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)
INTEREST2/15/2024 2/15/2024 895,000.00 14041NFY2 COMET 2021-A3 A3 1.04% 11/15/2026 775.672/15/2024 2/15/2024 470,000.00 44918MAD2 HART 2022-B A3 3.72% 11/16/2026 1,457.002/15/2024 2/15/2024 240,000.00 44918CAD4 HART 2023-C A3 5.54% 10/16/2028 1,108.002/15/2024 2/15/2024 590,000.00 891941AD8 TAOT 2023-B A3 4.71% 2/15/2028 2,315.752/15/2024 2/15/2024 470,000.00 65480JAC4 NAROT 2022-B A3 4.46% 5/17/2027 1,746.832/15/2024 2/15/2024 337,870.79 98163KAC6 WOART 2021-D A3 0.81% 10/15/2026 228.062/15/2024 2/15/2024 744,009.58 448977AD0 HART 2022-A A3 2.22% 10/15/2026 1,376.422/15/2024 2/15/2024 329,275.97 43815BAC4 HAROT 2022-1 A3 1.88% 5/15/2026 515.872/15/2024 2/15/2024 7,200,000.00 91282CHU8 US TREASURY NOTES 4.37% 8/15/2026 157,500.002/15/2024 2/15/2024 30,776.83 50117EAB0 KCOT 2022-1A A2 2.34% 4/15/2025 60.012/15/2024 2/15/2024 1,125,000.00 02008MAC3 ALLYA 2022-2 A3 4.76% 5/17/2027 4,462.502/15/2024 2/15/2024 1,100,000.00 14041NFZ9 COMET 2022-A1 A1 2.80% 3/15/2027 2,566.672/15/2024 2/15/2024 365,000.00 437927AC0 HAROT 2023-2 A3 4.93% 11/15/2027 1,499.542/15/2024 2/15/2024 495,000.00 41285JAD0 HDMOT 2023-A A3 5.05% 12/15/2027 2,083.132/15/2024 2/15/2024 380,000.00 02582JJZ4 AMXCA 2023-1 A 4.87% 5/15/2028 1,542.172/15/2024 2/15/2024 450,000.00 14043QAC6 COPAR 2022-1 A3 3.17% 4/15/2027 1,188.752/15/2024 2/15/2024 1,180,000.00 58768PAC8 MBART 2022-1 A3 5.21% 8/16/2027 5,123.17 45 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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)
INTEREST2/15/2024 2/15/2024 515,000.00 02007WAC2 ALLYA 2023-1 A3 5.46% 5/15/2028 2,343.252/15/2024 2/15/2024 210,317.92 44935FAD6 HART 2021-C A3 0.74% 5/15/2026 129.702/15/2024 2/15/2024 56,050.76 14316NAC3 CARMX 2021-1 A3 0.34% 12/15/2025 15.882/15/2024 2/15/2024 390,000.00 500945AC4 KCOT 2023-2A A3 5.28% 1/18/2028 1,716.002/15/2024 2/15/2024 775,000.00 14318MAD1 CARMX 2022-3 A3 3.97% 4/15/2027 2,563.962/15/2024 2/15/2024 200,000.00 89239FAD4 TAOT 2023-D A3 5.54% 8/15/2028 923.332/15/2024 2/15/2024 765,000.00 50117EAC8 KCOT 2022-1A A3 2.67% 10/15/2026 1,702.132/15/2024 2/15/2024 790,000.00 31680EAD3 FITAT 2023-1 A3 5.53% 8/15/2028 3,640.582/15/2024 2/15/2024 171,056.85 14314QAC8 CARMX 2021-2 A3 0.52% 2/17/2026 74.122/15/2024 2/15/2024 289,074.21 14044CAC6 COPAR 2021-1 A3 0.77% 9/15/2026 185.492/15/2024 2/15/2024 77,011.64 44933LAC7 HART 2021-A A3 0.38% 9/15/2025 24.392/15/2024 2/15/2024 895,000.00 14318UAD3 CARMX 2022-4 A3 5.34% 8/16/2027 3,982.752/15/2024 2/15/2024 265,000.00 58770AAC7 MBART 2023-1 A3 4.51% 11/15/2027 995.962/15/2024 2/15/2024 390,000.00 06428AAC2 BAAT 2023-1A A3 5.53% 2/15/2028 1,797.252/15/2024 2/15/2024 416,933.37 89238FAD5 TAOT 2022-B A3 2.93% 9/15/2026 1,018.012/15/2024 2/15/2024 920,000.00 254683CW3 DCENT 2022-A3 A3 3.56% 7/15/2027 2,729.332/15/2024 2/15/2024 460,000.00 254683CY9 DCENT 2023-A1 A 4.31% 3/15/2028 1,652.17 46 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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)
INTEREST2/15/2024 2/15/2024 510,000.00 50117KAC4 KCOT 2023-1A A3 5.02% 6/15/2027 2,133.502/15/2024 2/15/2024 1,090,000.00 02582JJT8 AMXCA 2022-2 A 3.39% 5/17/2027 3,079.252/15/2024 2/15/2024 405,000.00 254683CP8 DCENT 2021-A1 A1 0.58% 9/15/2026 195.752/15/2024 2/15/2024 494,021.94 14317DAC4 CARMX 2021-3 A3 0.55% 6/15/2026 226.432/15/2024 2/15/2024 425,000.00 14041NGA3 COMET 2022-A2 A 3.49% 5/15/2027 1,236.042/15/2024 2/15/2024 1,085,000.00 161571HV9 CHAIT 2024-A1 A 4.60% 1/15/2027 2,079.582/15/2024 2/15/2024 48,093.77 14316HAC6 CARMX 2020-4 A3 0.50% 8/15/2025 20.042/15/2024 2/15/2024 629,854.56 41284YAD8 HDMOT 2022-A A3 3.06% 2/15/2027 1,606.132/15/2024 2/15/2024 415,000.00 344930AD4 FORDO 2023-B A3 5.23% 5/15/2028 1,808.712/15/2024 2/15/2024 260,000.00 89231CAD9 TAOT 2022-C A3 3.76% 4/15/2027 814.672/15/2024 2/15/2024 550,238.27 14317HAC5 CARMX 2022-2 A3 3.49% 2/16/2027 1,600.282/15/2024 2/15/2024 108,135.43 345286AC2 FORDO 2022-A A3 1.29% 6/15/2026 116.252/15/2024 2/15/2024 142,995.55 50117TAC5 KCOT 2021-1A A3 0.62% 8/15/2025 73.882/15/2024 2/15/2024 286,687.90 89238JAC9 TAOT 2021-D A3 0.71% 4/15/2026 169.622/15/2024 2/15/2024 250,000.00 891940AC2 TAOT 2023-A A3 4.63% 9/15/2027 964.582/15/2024 2/15/2024 235,000.00 194162AM5 COLGATE-PALMOLIVE CO CORPORATE NOTES 3.10% 8/15/2025 3,642.502/15/2024 2/15/2024 265,000.00 05522RDH8 BACCT 2023-A2 A2 4.98% 11/15/2028 1,099.75 47 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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)
INTEREST2/15/2024 2/15/2024 440,000.00 14043GAD6 COPAR 2022-2 A3 3.66% 5/17/2027 1,342.002/15/2024 2/15/2024 245,000.00 05522RDG0 BACCT 2023-A1 A1 4.79% 5/15/2028 977.962/15/2024 2/15/2024 380,000.00 344928AD8 FORDO 2023-A A3 4.65% 2/15/2028 1,472.502/16/2024 2/16/2024 9,626.47 362590AC5 GMCAR 2020-3 A3 0.45% 4/16/2025 3.612/16/2024 2/16/2024 254,921.14 380146AC4 GMCAR 2022-1 A3 1.26% 11/16/2026 267.672/16/2024 2/16/2024 365,000.00 362585AC5 GMCAR 2022-2 A3 3.10% 2/16/2027 942.922/16/2024 2/16/2024 470,000.00 36265WAD5 GMCAR 2022-3 A3 3.64% 4/16/2027 1,425.672/16/2024 2/16/2024 340,000.00 379930AD2 GMCAR 2023-4 A3 5.78% 8/16/2028 1,637.672/16/2024 2/16/2024 390,000.00 362583AD8 GMCAR 2023-2 A3 4.47% 2/16/2028 1,452.752/16/2024 2/16/2024 243,028.83 362554AC1 GMCAR 2021-4 A3 0.68% 9/16/2026 137.722/18/2024 2/18/2024 725,000.00 06428CAA2 BANK OF AMERICA NA CORPORATE NOTES 5.52% 8/18/2026 20,031.752/18/2024 2/18/2024 875,000.00 61747YEM3 MORGAN STANLEY CORP NOTES (CALLABLE) 2.63% 2/18/2026 11,506.252/20/2024 2/20/2024 205,279.28 92868AAC9 VWALT 2022-A A3 3.44% 7/21/2025 588.472/20/2024 2/20/2024 351,152.76 92868KAC7 VALET 2021-1 A3 1.02% 6/22/2026 298.482/21/2024 2/21/2024 277,173.29 43815GAC3 HAROT 2021-4 A3 0.88% 1/21/2026 203.262/21/2024 2/21/2024 250,000.00 438123AC5 HAROT 2023-4 A3 5.67% 6/21/2028 1,181.252/25/2024 2/25/2024 245,000.00 05592XAD2 BMWOT 2023-A A3 5.47% 2/25/2028 1,116.79 48 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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)
INTEREST2/25/2024 2/25/2024 374,942.42 05602RAD3 BMWOT 2022-A A3 3.21% 8/25/2026 1,002.972/29/2024 2/29/2024 3,025,000.00 9128286F2 US TREASURY NOTES 2.50% 2/28/2026 37,812.503/1/2024 3/1/2024 MONEY0002 MONEY MARKET FUND 886.783/1/2024 3/1/2024 1,125,000.00 30231GAT9 EXXON MOBIL CORP NOTES (CALLABLE) 3.04% 3/1/2026 17,116.883/1/2024 3/25/2024 650,000.00 3137F1G44 FHLMC MULTIFAMILY STRUCTURED P 3.24% 4/1/2027 1,756.633/1/2024 3/25/2024 1,000,000.00 3137BEVH4 FHLMC MULTIFAMILY STRUCTURED P 3.24% 9/1/2024 2,700.833/1/2024 3/25/2024 600,000.00 3137BVZ82 FHMS K063 A2 3.43% 1/1/2027 1,715.003/1/2024 3/25/2024 1,190,946.48 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 4,044.113/1/2024 3/25/2024 1,250,000.00 3137BSRE5 FHMS K059 A2 3.12% 9/1/2026 3,250.003/1/2024 3/25/2024 725,753.23 3136ARTE8 FNA 2016-M3 A2 2.70% 2/1/2026 1,634.153/1/2024 3/25/2024 1,204,914.31 3137FBTA4 FHLMC MULTIFAMILY STRUCTURED POOL 3.06% 8/1/2024 3,076.553/1/2024 3/25/2024 1,275,000.00 3137BRQJ7 FHMS K057 A2 2.57% 7/1/2026 2,730.633/1/2024 3/25/2024 837,187.46 3137BFE98 FHMS K041 A2 3.17% 10/1/2024 2,212.273/1/2024 3/25/2024 750,000.00 3137BSP72 FHMS K058 A2 2.65% 8/1/2026 1,658.133/1/2024 3/25/2024 1,354,853.59 3137BHXJ1 FHMS K045 A2 3.02% 1/1/2025 3,413.103/1/2024 3/25/2024 600,000.00 3137BM7C4 FHMS K052 A1 3.30% 9/1/2025 1,654.003/1/2024 3/25/2024 517,272.16 3137BTUM1 FHMS K061 A2 3.34% 11/1/2026 1,442.76 49 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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)
INTEREST3/1/2024 3/25/2024 800,000.00 3137FNWX4 FHMS K736 A2 2.28% 7/1/2026 1,521.333/1/2024 3/25/2024 1,000,000.00 3137BKRJ1 FHMS K047 A2 3.32% 5/1/2025 2,774.173/1/2024 3/25/2024 850,000.00 3137BJP64 FHMS K046 A2 3.20% 3/1/2025 2,270.213/1/2024 3/25/2024 700,000.00 3137FLN34 FHMS K734 A2 3.20% 2/1/2026 1,871.333/1/2024 3/25/2024 1,025,000.00 3137BN6G4 FHMS K053 A2 2.99% 12/1/2025 2,558.233/1/2024 3/25/2024 1,450,000.00 3137BLMZ8 FHLMC SERIES K049 A2 3.01% 7/1/2025 3,637.083/1/2024 3/25/2024 450,000.00 3137BNGT5 FHMS K054 A2 2.74% 1/1/2026 1,029.383/2/2024 3/2/2024 380,000.00 194162AQ6 COLGATE-PALMOLIVE CO CORPORATE NOTES 4.80% 3/2/2026 9,120.003/4/2024 3/4/2024 120,000.00 025816CQ0 AMERICAN EXPRESS CO CORP NOTES (CALLABLE 2.25% 3/4/2025 1,350.003/9/2024 3/9/2024 565,000.00 931142EW9 WALMART INC CORPORATE NOTES 3.90% 9/9/2025 11,017.503/10/2024 3/10/2024 510,000.00 771196BT8 ROCHE HOLDINGS INC (CALLABLE) CORPORATE 2.13% 3/10/2025 5,436.603/12/2024 3/12/2024 265,000.00 641062BA1 NESTLE HOLDINGS INC CORP NOTE 4.00% 9/12/2025 5,300.003/13/2024 3/13/2024 285,000.00 641062BK9 NESTLE HOLDINGS INC CORPORATE NOTES 5.25% 3/13/2026 7,481.253/13/2024 3/13/2024 125,000.00 63743HFH0 NATIONAL RURAL UTIL COOP CORP NOTES (CAL 4.45% 3/13/2026 2,781.253/13/2024 3/13/2024 700,000.00 20271RAR1 COMMONWEALTH BK AUSTR NY CORPORATE 5.31% 3/13/2026 18,606.003/15/2024 3/15/2024 124,176.68 50117TAC5 KCOT 2021-1A A3 0.62% 8/15/2025 64.163/15/2024 3/15/2024 1,100,000.00 14041NFZ9 COMET 2022-A1 A1 2.80% 3/15/2027 2,566.67 50 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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)
INTEREST3/15/2024 3/15/2024 920,000.00 254683CW3 DCENT 2022-A3 A3 3.56% 7/15/2027 2,729.333/15/2024 3/15/2024 100,190.43 345286AC2 FORDO 2022-A A3 1.29% 6/15/2026 107.703/15/2024 3/15/2024 460,000.00 254683CY9 DCENT 2023-A1 A 4.31% 3/15/2028 1,652.173/15/2024 3/15/2024 495,000.00 41285JAD0 HDMOT 2023-A A3 5.05% 12/15/2027 2,083.133/15/2024 3/15/2024 425,000.00 14041NGA3 COMET 2022-A2 A 3.49% 5/15/2027 1,236.043/15/2024 3/15/2024 697,747.98 448977AD0 HART 2022-A A3 2.22% 10/15/2026 1,290.833/15/2024 3/15/2024 192,557.75 44935FAD6 HART 2021-C A3 0.74% 5/15/2026 118.743/15/2024 3/15/2024 307,306.12 43815BAC4 HAROT 2022-1 A3 1.88% 5/15/2026 481.453/15/2024 3/15/2024 415,000.00 344930AD4 FORDO 2023-B A3 5.23% 5/15/2028 1,808.713/15/2024 3/15/2024 250,000.00 891940AC2 TAOT 2023-A A3 4.63% 9/15/2027 964.583/15/2024 3/15/2024 380,000.00 02582JJZ4 AMXCA 2023-1 A 4.87% 5/15/2028 1,542.173/15/2024 3/15/2024 895,000.00 14318UAD3 CARMX 2022-4 A3 5.34% 8/16/2027 3,982.753/15/2024 3/15/2024 265,000.00 58770AAC7 MBART 2023-1 A3 4.51% 11/15/2027 995.963/15/2024 3/15/2024 519,381.53 14317HAC5 CARMX 2022-2 A3 3.49% 2/16/2027 1,510.533/15/2024 3/15/2024 1,180,000.00 58768PAC8 MBART 2022-1 A3 5.21% 8/16/2027 5,123.173/15/2024 3/15/2024 1,125,000.00 02008MAC3 ALLYA 2022-2 A3 4.76% 5/17/2027 4,462.503/15/2024 3/15/2024 594,347.45 41284YAD8 HDMOT 2022-A A3 3.06% 2/15/2027 1,515.59 51 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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)
INTEREST3/15/2024 3/15/2024 450,000.00 14043QAC6 COPAR 2022-1 A3 3.17% 4/15/2027 1,188.753/15/2024 3/15/2024 365,000.00 437927AC0 HAROT 2023-2 A3 4.93% 11/15/2027 1,499.543/15/2024 3/15/2024 470,000.00 65480JAC4 NAROT 2022-B A3 4.46% 5/17/2027 1,746.833/15/2024 3/15/2024 720,000.00 50117JAC7 KCOT 2022-2A A3 4.09% 12/15/2026 2,454.003/15/2024 3/15/2024 440,000.00 14043GAD6 COPAR 2022-2 A3 3.66% 5/17/2027 1,342.003/15/2024 3/15/2024 268,755.76 14044CAC6 COPAR 2021-1 A3 0.77% 9/15/2026 172.453/15/2024 3/15/2024 150,000.00 437076CR1 HOME DEPOT INC NOTES (CALLABLE) 4.00% 9/15/2025 3,000.003/15/2024 3/15/2024 260,000.00 89231CAD9 TAOT 2022-C A3 3.76% 4/15/2027 814.673/15/2024 3/15/2024 457,161.87 14317DAC4 CARMX 2021-3 A3 0.55% 6/15/2026 209.533/15/2024 3/15/2024 2,250,000.00 91282CHY0 US TREASURY NOTES 4.62% 9/15/2026 52,031.253/15/2024 3/15/2024 299,511.76 50117XAE2 KCOT 2021-2A A3 0.56% 11/17/2025 139.773/15/2024 3/15/2024 405,000.00 50117BAC4 KCOT 2024-1A A3 5.19% 7/17/2028 1,401.303/15/2024 3/15/2024 391,880.20 89238FAD5 TAOT 2022-B A3 2.93% 9/15/2026 956.843/15/2024 3/15/2024 380,000.00 344928AD8 FORDO 2023-A A3 4.65% 2/15/2028 1,472.503/15/2024 3/15/2024 48,151.09 14316NAC3 CARMX 2021-1 A3 0.34% 12/15/2025 13.643/15/2024 3/15/2024 390,000.00 06428AAC2 BAAT 2023-1A A3 5.53% 2/15/2028 1,797.253/15/2024 3/15/2024 63,060.66 44933LAC7 HART 2021-A A3 0.38% 9/15/2025 19.97 52 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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)
INTEREST3/15/2024 3/15/2024 895,000.00 14041NFY2 COMET 2021-A3 A3 1.04% 11/15/2026 775.673/15/2024 3/15/2024 245,000.00 05522RDG0 BACCT 2023-A1 A1 4.79% 5/15/2028 977.963/15/2024 3/15/2024 1,085,000.00 161571HV9 CHAIT 2024-A1 A 4.60% 1/15/2027 4,159.173/15/2024 3/15/2024 313,073.85 98163KAC6 WOART 2021-D A3 0.81% 10/15/2026 211.323/15/2024 3/15/2024 151,963.21 14314QAC8 CARMX 2021-2 A3 0.52% 2/17/2026 65.853/15/2024 3/15/2024 264,237.75 89238JAC9 TAOT 2021-D A3 0.71% 4/15/2026 156.343/15/2024 3/15/2024 790,000.00 31680EAD3 FITAT 2023-1 A3 5.53% 8/15/2028 3,640.583/15/2024 3/15/2024 775,000.00 14318MAD1 CARMX 2022-3 A3 3.97% 4/15/2027 2,563.963/15/2024 3/15/2024 16,034.65 50117EAB0 KCOT 2022-1A A2 2.34% 4/15/2025 31.273/15/2024 3/15/2024 240,000.00 44918CAD4 HART 2023-C A3 5.54% 10/16/2028 1,108.003/15/2024 3/15/2024 265,000.00 05522RDH8 BACCT 2023-A2 A2 4.98% 11/15/2028 1,099.753/15/2024 3/15/2024 200,000.00 89239FAD4 TAOT 2023-D A3 5.54% 8/15/2028 923.333/15/2024 3/15/2024 590,000.00 891941AD8 TAOT 2023-B A3 4.71% 2/15/2028 2,315.753/15/2024 3/15/2024 765,000.00 50117EAC8 KCOT 2022-1A A3 2.67% 10/15/2026 1,702.133/15/2024 3/15/2024 1,090,000.00 02582JJT8 AMXCA 2022-2 A 3.39% 5/17/2027 3,079.253/15/2024 3/15/2024 470,000.00 44918MAD2 HART 2022-B A3 3.72% 11/16/2026 1,457.003/15/2024 3/15/2024 515,000.00 02007WAC2 ALLYA 2023-1 A3 5.46% 5/15/2028 2,343.25 53 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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)
INTEREST3/15/2024 3/15/2024 405,000.00 254683CP8 DCENT 2021-A1 A1 0.58% 9/15/2026 195.753/15/2024 3/15/2024 510,000.00 50117KAC4 KCOT 2023-1A A3 5.02% 6/15/2027 2,133.503/15/2024 3/15/2024 35,475.27 14316HAC6 CARMX 2020-4 A3 0.50% 8/15/2025 14.783/15/2024 3/15/2024 390,000.00 500945AC4 KCOT 2023-2A A3 5.28% 1/18/2028 1,716.003/16/2024 3/16/2024 351,600.87 362585AC5 GMCAR 2022-2 A3 3.10% 2/16/2027 908.303/16/2024 3/16/2024 239,000.99 380146AC4 GMCAR 2022-1 A3 1.26% 11/16/2026 250.953/16/2024 3/16/2024 470,000.00 36265WAD5 GMCAR 2022-3 A3 3.64% 4/16/2027 1,425.673/16/2024 3/16/2024 390,000.00 362583AD8 GMCAR 2023-2 A3 4.47% 2/16/2028 1,452.753/16/2024 3/16/2024 340,000.00 379930AD2 GMCAR 2023-4 A3 5.78% 8/16/2028 1,637.673/16/2024 3/16/2024 226,709.45 362554AC1 GMCAR 2021-4 A3 0.68% 9/16/2026 128.473/20/2024 3/20/2024 177,692.79 92868AAC9 VWALT 2022-A A3 3.44% 7/21/2025 509.393/20/2024 3/20/2024 320,852.97 92868KAC7 VALET 2021-1 A3 1.02% 6/22/2026 272.733/21/2024 3/21/2024 254,933.04 43815GAC3 HAROT 2021-4 A3 0.88% 1/21/2026 186.953/21/2024 3/21/2024 250,000.00 438123AC5 HAROT 2023-4 A3 5.67% 6/21/2028 1,181.253/25/2024 3/25/2024 349,331.07 05602RAD3 BMWOT 2022-A A3 3.21% 8/25/2026 934.463/25/2024 3/25/2024 245,000.00 05592XAD2 BMWOT 2023-A A3 5.47% 2/25/2028 1,116.793/29/2024 3/29/2024 355,000.00 17325FBA5 CITIBANK NA CORP NOTES (CALLABLE) 5.86% 9/29/2025 10,408.60 54 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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)
INTEREST3/30/2024 3/30/2024 850,000.00 857477BM4 STATE STREET CORP NOTES (CALLABLE) 2.90% 3/30/2026 12,329.253/30/2024 3/30/2024 285,000.00 437076CV2 HOME DEPOT INC CORPORATE NOTES 4.95% 9/30/2026 4,545.75 Total INTEREST 187,067,330.05 1,257,068.26 0.00
MATURITY1/24/2024 1/24/2024 500,000.00 38141GZH0 GOLDMAN SACHS GROUP CORP NOTES (CALLED,O 1.75% 1/24/2024 504,392.502/1/2024 2/1/2024 3.15 3137FCM35 FHLMC MULTIFAMILY STRUCTURED P POOL 2.95% 2/1/2024 3.162/8/2024 2/8/2024 265,000.00 63743HEU2 NATIONAL RURAL UTIL COOP CORPORATE NOTES 0.35% 2/8/2024 265,463.752/16/2024 2/16/2024 475,000.00 46647PBY1 JPMORGAN CHASE & CO CORP NOTES (CALLED,O 0.56% 2/16/2024 476,337.133/18/2024 3/18/2024 465,000.00 808513BN4 CHARLES SCHWAB CORP NOTES (CALLABLE) 0.75% 3/18/2024 466,743.75 Total MATURITY 1,705,003.15 1,712,940.29 0.00
PAYDOWNS1/1/2024 1/25/2024 300.53 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 300.52 0.011/1/2024 1/25/2024 1,863.66 3137BFE98 FHMS K041 A2 3.17% 10/1/2024 1,863.661/1/2024 1/25/2024 300.53 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 300.531/1/2024 1/25/2024 2,413.98 3137BHXJ1 FHMS K045 A2 3.02% 1/1/2025 2,413.981/1/2024 1/25/2024 5,912.40 3137FCM35 FHLMC MULTIFAMILY STRUCTURED P POOL 2.95% 2/1/2024 5,912.401/1/2024 1/25/2024 31,907.19 3136ARTE8 FNA 2016-M3 A2 2.70% 2/1/2026 31,907.19 55 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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)
PAYDOWNS1/1/2024 1/25/2024 2,003.67 3137FBTA4 FHLMC MULTIFAMILY STRUCTURED POOL 3.06% 8/1/2024 2,003.671/1/2024 1/25/2024 973.67 3137BTUM1 FHMS K061 A2 3.34% 11/1/2026 973.671/15/2024 1/15/2024 37,145.12 41284YAD8 HDMOT 2022-A A3 3.06% 2/15/2027 37,145.121/15/2024 1/15/2024 24,169.37 98163KAC6 WOART 2021-D A3 0.81% 10/15/2026 24,169.371/15/2024 1/15/2024 47,430.98 448977AD0 HART 2022-A A3 2.22% 10/15/2026 47,430.981/15/2024 1/15/2024 9,433.05 98163WAC0 WOART 2020-B A3 0.63% 5/15/2025 9,433.051/15/2024 1/15/2024 29,031.44 14317HAC5 CARMX 2022-2 A3 3.49% 2/16/2027 29,031.441/15/2024 1/15/2024 12,141.35 14316HAC6 CARMX 2020-4 A3 0.50% 8/15/2025 12,141.351/15/2024 1/15/2024 21,036.50 89238JAC9 TAOT 2021-D A3 0.71% 4/15/2026 21,036.501/15/2024 1/15/2024 17,551.73 44935FAD6 HART 2021-C A3 0.74% 5/15/2026 17,551.731/15/2024 1/15/2024 22,049.34 43815BAC4 HAROT 2022-1 A3 1.88% 5/15/2026 22,049.341/15/2024 1/15/2024 35,779.35 14317DAC4 CARMX 2021-3 A3 0.55% 6/15/2026 35,779.351/15/2024 1/15/2024 18,298.09 50117TAC5 KCOT 2021-1A A3 0.62% 8/15/2025 18,298.091/15/2024 1/15/2024 29,946.74 50117XAE2 KCOT 2021-2A A3 0.56% 11/17/2025 29,946.741/15/2024 1/15/2024 7,561.95 14316NAC3 CARMX 2021-1 A3 0.34% 12/15/2025 7,561.951/15/2024 1/15/2024 8,066.63 89238FAD5 TAOT 2022-B A3 2.93% 9/15/2026 8,066.631/15/2024 1/15/2024 7,478.33 345286AC2 FORDO 2022-A A3 1.29% 6/15/2026 7,478.33 56 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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)
PAYDOWNS1/15/2024 1/15/2024 19,061.51 14314QAC8 CARMX 2021-2 A3 0.52% 2/17/2026 19,061.511/15/2024 1/15/2024 15,186.39 50117EAB0 KCOT 2022-1A A2 2.34% 4/15/2025 15,186.391/15/2024 1/15/2024 20,216.74 14044CAC6 COPAR 2021-1 A3 0.77% 9/15/2026 20,216.741/15/2024 1/15/2024 14,087.04 44933LAC7 HART 2021-A A3 0.38% 9/15/2025 14,087.041/16/2024 1/16/2024 16,113.50 380146AC4 GMCAR 2022-1 A3 1.26% 11/16/2026 16,113.501/16/2024 1/16/2024 16,725.42 362590AC5 GMCAR 2020-3 A3 0.45% 4/16/2025 16,725.421/16/2024 1/16/2024 16,327.79 362554AC1 GMCAR 2021-4 A3 0.68% 9/16/2026 16,327.791/18/2024 1/18/2024 5,767.26 43813KAC6 HAROT 2020-3 A3 0.37% 10/18/2024 5,767.261/20/2024 1/20/2024 19,720.72 92868AAC9 VWALT 2022-A A3 3.44% 7/21/2025 19,720.721/20/2024 1/20/2024 27,412.31 92868KAC7 VALET 2021-1 A3 1.02% 6/22/2026 27,412.311/21/2024 1/21/2024 22,344.19 43815GAC3 HAROT 2021-4 A3 0.88% 1/21/2026 22,344.191/25/2024 1/25/2024 25,335.14 05602RAD3 BMWOT 2022-A A3 3.21% 8/25/2026 25,335.142/1/2024 2/25/2024 976.94 3137BTUM1 FHMS K061 A2 3.34% 11/1/2026 976.942/1/2024 2/25/2024 301.67 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 301.672/1/2024 2/25/2024 995.52 3136ARTE8 FNA 2016-M3 A2 2.70% 2/1/2026 995.522/1/2024 2/25/2024 2,010.57 3137FBTA4 FHLMC MULTIFAMILY STRUCTURED POOL 3.06% 8/1/2024 2,010.572/1/2024 2/25/2024 301.67 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 301.67 57 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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)
PAYDOWNS2/1/2024 2/25/2024 1,870.10 3137BFE98 FHMS K041 A2 3.17% 10/1/2024 1,870.102/1/2024 2/25/2024 2,422.04 3137BHXJ1 FHMS K045 A2 3.02% 1/1/2025 2,422.042/15/2024 2/15/2024 17,760.17 44935FAD6 HART 2021-C A3 0.74% 5/15/2026 17,760.172/15/2024 2/15/2024 22,450.15 89238JAC9 TAOT 2021-D A3 0.71% 4/15/2026 22,450.152/15/2024 2/15/2024 7,945.00 345286AC2 FORDO 2022-A A3 1.29% 6/15/2026 7,945.002/15/2024 2/15/2024 12,618.50 14316HAC6 CARMX 2020-4 A3 0.50% 8/15/2025 12,618.502/15/2024 2/15/2024 25,053.17 89238FAD5 TAOT 2022-B A3 2.93% 9/15/2026 25,053.172/15/2024 2/15/2024 30,856.74 14317HAC5 CARMX 2022-2 A3 3.49% 2/16/2027 30,856.742/15/2024 2/15/2024 35,507.11 41284YAD8 HDMOT 2022-A A3 3.06% 2/15/2027 35,507.112/15/2024 2/15/2024 46,261.60 448977AD0 HART 2022-A A3 2.22% 10/15/2026 46,261.602/15/2024 2/15/2024 13,950.98 44933LAC7 HART 2021-A A3 0.38% 9/15/2025 13,950.982/15/2024 2/15/2024 20,318.45 14044CAC6 COPAR 2021-1 A3 0.77% 9/15/2026 20,318.452/15/2024 2/15/2024 18,818.87 50117TAC5 KCOT 2021-1A A3 0.62% 8/15/2025 18,818.872/15/2024 2/15/2024 29,738.41 50117XAE2 KCOT 2021-2A A3 0.56% 11/17/2025 29,738.412/15/2024 2/15/2024 21,969.85 43815BAC4 HAROT 2022-1 A3 1.88% 5/15/2026 21,969.852/15/2024 2/15/2024 24,796.94 98163KAC6 WOART 2021-D A3 0.81% 10/15/2026 24,796.942/15/2024 2/15/2024 19,093.64 14314QAC8 CARMX 2021-2 A3 0.52% 2/17/2026 19,093.64 58 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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)
PAYDOWNS2/15/2024 2/15/2024 36,860.07 14317DAC4 CARMX 2021-3 A3 0.55% 6/15/2026 36,860.072/15/2024 2/15/2024 7,899.67 14316NAC3 CARMX 2021-1 A3 0.34% 12/15/2025 7,899.672/15/2024 2/15/2024 14,742.18 50117EAB0 KCOT 2022-1A A2 2.34% 4/15/2025 14,742.182/16/2024 2/16/2024 13,399.13 362585AC5 GMCAR 2022-2 A3 3.10% 2/16/2027 13,399.132/16/2024 2/16/2024 9,626.47 362590AC5 GMCAR 2020-3 A3 0.45% 4/16/2025 9,626.472/16/2024 2/16/2024 16,319.38 362554AC1 GMCAR 2021-4 A3 0.68% 9/16/2026 16,319.382/16/2024 2/16/2024 15,920.15 380146AC4 GMCAR 2022-1 A3 1.26% 11/16/2026 15,920.152/20/2024 2/20/2024 30,299.79 92868KAC7 VALET 2021-1 A3 1.02% 6/22/2026 30,299.792/20/2024 2/20/2024 27,586.49 92868AAC9 VWALT 2022-A A3 3.44% 7/21/2025 27,586.492/21/2024 2/21/2024 22,240.25 43815GAC3 HAROT 2021-4 A3 0.88% 1/21/2026 22,240.252/25/2024 2/25/2024 25,611.35 05602RAD3 BMWOT 2022-A A3 3.21% 8/25/2026 25,611.353/1/2024 3/25/2024 32,980.20 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 32,980.19 0.013/1/2024 3/25/2024 1,105.43 3137BTUM1 FHMS K061 A2 3.34% 11/1/2026 1,105.433/1/2024 3/25/2024 2,692.24 3137BHXJ1 FHMS K045 A2 3.02% 1/1/2025 2,692.243/1/2024 3/25/2024 2,079.24 3137BFE98 FHMS K041 A2 3.17% 10/1/2024 2,079.243/1/2024 3/25/2024 1,148.34 3136ARTE8 FNA 2016-M3 A2 2.70% 2/1/2026 1,148.343/1/2024 3/25/2024 2,280.92 3137FBTA4 FHLMC MULTIFAMILY STRUCTURED POOL 3.06% 8/1/2024 2,280.92 59 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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)
PAYDOWNS3/1/2024 3/25/2024 32,980.20 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 32,980.203/15/2024 3/15/2024 17,864.43 50117TAC5 KCOT 2021-1A A3 0.62% 8/15/2025 17,864.433/15/2024 3/15/2024 21,130.17 89238JAC9 TAOT 2021-D A3 0.71% 4/15/2026 21,130.173/15/2024 3/15/2024 14,120.62 50117EAB0 KCOT 2022-1A A2 2.34% 4/15/2025 14,120.623/15/2024 3/15/2024 28,400.27 50117XAE2 KCOT 2021-2A A3 0.56% 11/17/2025 28,400.273/15/2024 3/15/2024 29,091.43 14317HAC5 CARMX 2022-2 A3 3.49% 2/16/2027 29,091.433/15/2024 3/15/2024 21,621.13 43815BAC4 HAROT 2022-1 A3 1.88% 5/15/2026 21,621.133/15/2024 3/15/2024 16,932.25 44935FAD6 HART 2021-C A3 0.74% 5/15/2026 16,932.253/15/2024 3/15/2024 11,895.06 14316HAC6 CARMX 2020-4 A3 0.50% 8/15/2025 11,895.063/15/2024 3/15/2024 35,304.50 14317DAC4 CARMX 2021-3 A3 0.55% 6/15/2026 35,304.503/15/2024 3/15/2024 23,382.06 89238FAD5 TAOT 2022-B A3 2.93% 9/15/2026 23,382.063/15/2024 3/15/2024 23,480.89 98163KAC6 WOART 2021-D A3 0.81% 10/15/2026 23,480.893/15/2024 3/15/2024 7,632.53 345286AC2 FORDO 2022-A A3 1.29% 6/15/2026 7,632.533/15/2024 3/15/2024 19,350.85 14044CAC6 COPAR 2021-1 A3 0.77% 9/15/2026 19,350.853/15/2024 3/15/2024 7,701.94 14316NAC3 CARMX 2021-1 A3 0.34% 12/15/2025 7,701.943/15/2024 3/15/2024 13,389.68 44933LAC7 HART 2021-A A3 0.38% 9/15/2025 13,389.683/15/2024 3/15/2024 39,809.36 41284YAD8 HDMOT 2022-A A3 3.06% 2/15/2027 39,809.36 60 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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)
PAYDOWNS3/15/2024 3/15/2024 2,341.19 14043QAC6 COPAR 2022-1 A3 3.17% 4/15/2027 2,341.193/15/2024 3/15/2024 44,996.23 448977AD0 HART 2022-A A3 2.22% 10/15/2026 44,996.233/15/2024 3/15/2024 17,925.02 14314QAC8 CARMX 2021-2 A3 0.52% 2/17/2026 17,925.023/16/2024 3/16/2024 15,848.73 380146AC4 GMCAR 2022-1 A3 1.26% 11/16/2026 15,848.733/16/2024 3/16/2024 16,392.67 362554AC1 GMCAR 2021-4 A3 0.68% 9/16/2026 16,392.673/16/2024 3/16/2024 19,368.34 362585AC5 GMCAR 2022-2 A3 3.10% 2/16/2027 19,368.343/20/2024 3/20/2024 25,396.19 92868AAC9 VWALT 2022-A A3 3.44% 7/21/2025 25,396.193/20/2024 3/20/2024 27,161.95 92868KAC7 VALET 2021-1 A3 1.02% 6/22/2026 27,161.953/21/2024 3/21/2024 21,293.19 43815GAC3 HAROT 2021-4 A3 0.88% 1/21/2026 21,293.193/25/2024 3/25/2024 23,686.42 05602RAD3 BMWOT 2022-A A3 3.21% 8/25/2026 23,686.42 Total PAYDOWNS 1,788,400.30 1,788,400.28 0.02
SELL1/4/2024 1/5/2024 1,020,000.00 20271RAQ3 COMMONWEALTH BK AUSTR NY CORPORATE 5.07% 1/10/2025 1,045,795.38 612.001/4/2024 1/5/2024 700,000.00 9128284M9 US TREASURY NOTES 2.87% 4/30/2025 687,625.60 -14,926.411/4/2024 1/5/2024 500,000.00 89236TKN4 TOYOTA MOTOR CREDIT CORP CORPORATE NOTES 4.80% 1/10/2025 510,211.67 -1,345.581/8/2024 1/8/2024 200,000.00 91282CEQ0 US TREASURY NOTES 2.75% 5/15/2025 195,886.24 -4,649.971/8/2024 1/9/2024 2,100,000.00 91282CEQ0 US TREASURY NOTES 2.75% 5/15/2025 2,058,440.80 -47,354.03 61 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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)
SELL1/9/2024 1/9/2024 175,000.00 9128284M9 US TREASURY NOTES 2.87% 4/30/2025 172,036.89 -3,658.681/9/2024 1/11/2024 235,000.00 904764BN6 UNILEVER CAPITAL CORP (CALLABLE) CORPORA 0.62% 8/12/2024 229,179.27 -6,429.601/18/2024 1/18/2024 25,000.00 9128284M9 US TREASURY NOTES 2.87% 4/30/2025 24,613.02 -504.851/30/2024 1/31/2024 330,000.00 21688AAU6 COOPERAT RABOBANK UA/NY CORPORATE NOTES 3.87% 8/22/2024 332,918.71 -2,686.742/1/2024 2/5/2024 1,075,000.00 22536AZR8 CREDIT AGRICOLE CIB NY CERT DEPOS 4.10% 8/16/2024 1,088,813.78 -7,366.712/5/2024 2/8/2024 725,000.00 458140AS9 INTEL CORP NOTES (CALLABLE) 3.70% 7/29/2025 712,200.13 -4,492.622/6/2024 2/7/2024 670,000.00 06406RAX5 BANK OF NY MELLON CORP (CALLABLE) CORPOR 0.85% 10/25/2024 651,071.38 -20,438.492/6/2024 2/7/2024 750,000.00 91282CEQ0 US TREASURY NOTES 2.75% 5/15/2025 736,947.12 -16,827.372/6/2024 2/7/2024 600,000.00 025816CG2 AMERICAN EXPRESS CO CORP NOTES (CALLABLE 2.50% 7/30/2024 591,819.66 -11,727.922/6/2024 2/7/2024 300,000.00 02665WEA5 AMERICAN HONDA FINANCE CORPORATE NOTES 1.50% 1/13/2025 290,808.00 -9,418.262/6/2024 2/7/2024 150,000.00 025816CG2 AMERICAN EXPRESS CO CORP NOTES (CALLABLE 2.50% 7/30/2024 147,954.92 -2,931.982/7/2024 2/7/2024 50,000.00 9128284M9 US TREASURY NOTES 2.87% 4/30/2025 49,318.70 -999.292/8/2024 2/9/2024 500,000.00 91282CHD6 US TREASURY NOTES 4.25% 5/31/2025 501,231.65 365.472/20/2024 2/22/2024 430,000.00 023135CE4 AMAZON.COM INC CORPORATE NOTES 3.00% 4/13/2025 425,313.00 -9,049.992/21/2024 2/26/2024 1,070,000.00 40428HTA0 HSBC USA INC CORPORATE NOTES 3.75% 5/24/2024 1,075,653.17 -4,595.852/23/2024 2/26/2024 110,000.00 437076CM2 HOME DEPOT INC (CALLABLE) CORPORATE NOTE 2.70% 4/15/2025 108,210.85 -2,798.362/23/2024 2/26/2024 125,000.00 9128284M9 US TREASURY NOTES 2.87% 4/30/2025 123,264.62 -2,725.67 62 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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)
SELL3/5/2024 3/7/2024 775,000.00 771196BT8 ROCHE HOLDINGS INC (CALLABLE) CORPORATE 2.13% 3/10/2025 760,369.81 -22,754.003/5/2024 3/7/2024 235,000.00 194162AM5 COLGATE-PALMOLIVE CO CORPORATE NOTES 3.10% 8/15/2025 229,838.09 -5,503.903/11/2024 3/12/2024 750,000.00 91282CHD6 US TREASURY NOTES 4.25% 5/31/2025 753,550.37 -863.443/11/2024 3/12/2024 200,000.00 91282CEQ0 US TREASURY NOTES 2.75% 5/15/2025 196,954.85 -4,584.713/11/2024 3/12/2024 750,000.00 91282CEU1 US TREASURY NOTES 2.87% 6/15/2025 737,371.93 -17,396.873/11/2024 3/12/2024 525,000.00 713448CY2 PEPSICO INC CORP NOTES (CALLABLE) 3.50% 7/17/2025 517,491.04 -2,002.923/12/2024 3/13/2024 565,000.00 931142EW9 WALMART INC CORPORATE NOTES 3.90% 9/9/2025 557,634.28 -7,413.883/19/2024 3/21/2024 160,000.00 91324PEN8 UNITEDHEALTH GROUP INC CORPORATE NOTES 5.15% 10/15/2025 163,826.67 263.623/20/2024 3/21/2024 510,000.00 771196BT8 ROCHE HOLDINGS INC (CALLABLE) CORPORATE 2.13% 3/10/2025 495,792.14 -14,540.10 Total SELL 16,310,000.00 16,172,143.74 -248,747.10
63 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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. 64 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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. 65 ATTACHMENT
1 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended March 31, 2024
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. 66 ATTACHMENT
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CITY OF MANTECA
For the Quarter Ended March 31, 2024
Appendix
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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. 67 ATTACHMENT
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