Attachment 1 - Investment Report June 30, 2024 — Manteca City Council, August 20, 2024

Investment Performance Review
For the Quarter Ended June 30, 2024
Client Management Team PFM Asset Management LLC
Justin Resuello, Relationship ManagerMonique Spyke, Managing Director Allison Kaune, Senior Analyst
213 Market Street
Harrisburg, PA 17101-2141
717-232-2723
1 California Street Ste. 1000
San Francisco, CA 94111-5411
415-393-7270
NOT FDIC INSURED : NO BANK GUARANTEE : MAY LOSE VALUE
For Institutional Investor or Investment Professional Use Only - This material is not for inspection by, distribution to, or quotation to the general public

CITY OF MANTECA
© PFM Asset Management LLC pfmam.com |
Market Summary
For the Quarter Ended June 30, 2024
QUARTERLY MARKET SUMMARY Fixed Income Management
Summary
► The second quarter of 2024 was characterized by moderating economic growth, inflation resuming its slowing trend as it inches closer to the Fed’s 2% target, signs of consumer activity beginning to taper, and a labor market that continues to come into better balance.
► As expected, the Fed kept the overnight rate at its current target range of 5.25% to 5.50% at its June 12 meeting, marking the seventh consecutive meeting since July 2023 keeping rates at this level. Furthermore, the Fed’s updated “dot plot” showed just one rate cut in 2024, a notable drop from the March projections of three cuts. This more closely aligned with market expectations, which generally assumed one or two cuts in the back half of this year.
► Investment markets generally remained priced for a “soft landing” as investor confidence and a strong investor sentiment continued to buoy risk asset valuations.

Equity markets, led notably by the technology sector, surged ahead and closed Q2 just shy of all-time highs. The S&P 500 Index returned 4.3% in Q2 while the NASDAQ Index generated an 8.5% return. U.S. Treasury yields of maturities from one to 30 years rose 13 to 22 bps, with longer tenors leading the ascent.

Economic Snapshot
► U.S. inflation readings continued to make subtle progress toward the Fed’s 2% target through most of Q2. The Fed’s preferred measure of inflation, the Personal Consumption Expenditures Index (PCE), tracked lower in May after the April and March readings showed no change. Core PCE, which removes the volatile food and energy components from PCE, declined to 2.6% in May, which also marked a multiyear low. ► U.S. real GDP growth cooled in Q1, as the final reading of 1.4% was notably lower than the third and fourth quarters of 2023. The cooling in growth was attributed to net negative contributions from net exports and private inventories, although a decline in personal spending was also noteworthy.
► The U.S. labor market continued to soften as the pace of job growth slowed in Q2. The unemployment rate hit 4.1% in June, ending a 28-month streak of unemployment at or below 4.0%. Overall, the labor market is expected to remain supportive of personal consumption as wage growth continues to outpace inflation.

However, some signs of cooling in the labor market, including increasing jobless claims, underscore the moderation in economic expectations over the near-term.

Interest Rates
► The market spent most of Q2 recalibrating expectations around the number of Fed rate cuts in 2024, ultimately settling at one or two following April’s CPI reading.

Fed funds futures ended the quarter pricing in the first rate cut in September, which represents an eight-month delay from expectations at the beginning of the year. ► U.S. Treasury yields rose modestly as the yield on the 2-, 5-, and 10-year U.S.

Treasuries rose 13, 16, and 20 bps, respectively. Despite the relatively modest increase in yields, Treasuries traded over a 40 to 50 bps range over the quarter. ► U.S. Treasury indices less than 10 years posted positive performance as higher income more than offset the negative price effects from modestly higher yields. The ICE BofA 2- and 5-year Treasury indices returned +0.85% and +0.42% respectively, while higher yields and the longer duration of the 10-year U.S. Treasury index produced negative performance, resulting in a return of -0.30% for the quarter.

Shorter-duration indices continued to benefit from the elevated Fed rate policy as the ICE BofA 3-month and 1-year U.S. Treasury indices returned +1.32% and +1.11%, respectively.

Sector Performance
► Sustained investor appetite continued to pressure yield spreads near multiyear lows across most IG sectors throughout Q2, resulting in firmly positive excess returns on corporates and most other non-government fixed income sectors. ► Federal agency, municipal, and supranational yield spreads remained low and range bound throughout Q2. Issuance was light and the incremental income from these sectors has continued to narrow.
► IG corporates performed exceedingly well for the majority of the quarter as strong performance in April and May offset modest weakness in June. Near-record-high issuance through the first half of 2024 was met with robust investor demand. On an excess return basis, lower-quality and longer-duration securities outperformed, while financial sectors bested their industrial counterparts. ► The 20-basis point back-up in the 30-Year U.S. Treasury yield over the final week of Q2 negatively affected performance of most agency mortgage-backed securities (MBS), wiping out strong positive excess returns from May and June.

Agency commercial MBS – which tend to have a shorter duration than residential counterparts – generated positive excess return.
► The asset-backed security (ABS) sector continued to perform well in Q2 as higher incremental income made the sector an attractive alternative relative to industrial corporate issuers. The strength in the sector was supported by a resurgence in issuance that was met with strong demand and heavy oversubscriptions, as well as persistent tightness in spreads that remained hovering near their two-year lows. ► Shorter maturities less than one year remained firmly above 5.25% as the Fed’s overnight rate policy remained unchanged. Short-term credit, including commercial paper and negotiable CDs, generally experienced spread tightening over the course of the quarter.

3.4%
Latest
200K
0 600K
400K
800K
1,000K

2.0%

1.0%

0.0%

4.0%

3.0%

6.0%

5.0%

7.0%
Jun '21 Dec '21 Jun '22 Dec '22 Jun '23 Dec '23 Jun '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%
Mar '21 Sep '21 Mar '22 Sep '22 Mar '23 Sep '23 Mar '24 Real GDP (QoQ)
10%
9%
8%
7%
6%
5%
4%
3%
2%
1%
0%
Jun '21 Dec '21 Jun '22 Dec '22 Jun '23 Dec '23 Jun '24 Consumer Price Index
CPI (YoY) Core CPI (YoY)
2 2
Unemployment Rate Jun '24 4.1% 3.8% 3.6%
Change In Non-Farm Payrolls Jun '24 206,000 310,000 240,000 Average Hourly Earnings (YoY) Jun '24 3.9% 4.1% 4.7%
Personal Income (YoY) May '24 4.6% 4.3% 5.4%
Initial Jobless Claims (week) 7/6/24 222,000 222,000 248,000 Growth
Real GDP (QoQ SAAR) 2024Q1 1.4% 1 2.2%
GDP Personal Consumption (QoQ SAAR) 2024Q1 1.5%
1 3.3% 3.8%
Retail Sales (YoY) May '24 2.3% 3.6% 1.6%
ISM Manufacturing Survey (month) Jun '24 48.5 50.3 46.4 Existing Home Sales SAAR (month) May '24 4.11 mil. 4.22 mil. 4.11 mil.

Inflation/Prices
Personal Consumption Expenditures (YoY) May '24 2.6% 2.7% 3.2% Consumer Price Index (YoY) Jun '24 3.0% 3.5% 3.0%
Consumer Price Index Core (YoY) Jun '24 3.3% 3.8% 4.8%
Crude Oil Futures (WTI, per barrel) Jun 30 $81.54 $83.17 $70.64 Gold Futures (oz.) Jun 30 $2,340 $2,217 $1,929

1. Data as of Fourth Quarter 2023.

2. Data as of First Quarter 2023.

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

Source: Bloomberg.

Interest Rate Overview
U.S. Treasury Note Yields U.S. Treasury Yield Curve
U.S. Treasury Yields Yield Curves as of June 30, 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
June 30, 2024 March 31, 2024 June 30, 2023
6%
5%
4%
3%
2%
1%
0%
3-yr
2-yr
1-yr
3-mo
7-yr
5-0
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%
6/30/23 9/30/23 12/31/23 3/31/24
Yield
2-Year 5-Year 10-Year
Maturity Jun '24 Mar '24 Change over
Quarter
Jun '23 Change over
Year
3-Month 5.36% 5.37% (0.01%) 5.30% 0.06%
1-Year 5.12% 5.03% 0.09% 5.42% (0.30%)
2-Year 4.76% 4.62% 0.14% 4.90% (0.14%)
5-Year 4.38% 4.21% 0.17% 4.16% 0.22%
10-Year 4.40% 4.20% 0.20% 3.84% 0.56%
30-Year 4.56% 4.34% 0.22% 3.86% 0.70%
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 For the Quarter Ended June 30, 2024
QUARTERLY MARKET SUMMARY Fixed Income Management
June 30, 2024 Duration Yield 3 Month 1 Year 3 Years
1-3 Year Indices
U.S. Treasury 1.82 4.79% 0.94% 4.53% 0.40%
Federal Agency 1.50 4.89% 1.02% 4.90% 0.61%
U.S. Corporates, A-AAA rated 1.87 5.32% 1.05% 5.67% 1.00% Agency MBS (0 to 3 years) 1.95 5.52% 1.17% 5.25% 0.17%
Taxable Municipals 1.65 5.13% 0.94% 5.38% 0.89%
1-5 Year Indices
U.S. Treasury 2.58 4.64% 0.82% 4.16% (0.35%)
Federal Agency 1.87 4.77% 0.97% 4.70% (0.03%)
U.S. Corporates, A-AAA rated 2.54 5.13% 0.97% 5.75% 0.26% Agency MBS (0 to 5 years) 3.00 5.37% 0.69% 4.67% (0.70%) Taxable Municipals 2.25 5.11% 0.81% 4.80% 0.18%
Master Indices (Maturities 1 Year or Greater)
U.S. Treasury 6.20 4.57% 0.12% 1.36% (3.43%)
Federal Agency 3.20 4.73% 0.82% 4.18% (1.07%)
U.S. Corporates, A-AAA rated 6.75 5.34% (0.03%) 4.03% (3.09%) Agency MBS (0 to 30 years) 5.61 5.23% 0.23% 2.14% (2.96%) Taxable Municipals 8.90 5.29% (0.45%) 2.38% (4.70%)
Returns for periods greater than one year are annualized.

Source: ICE BofAML Indices.

As of 06/30/2024 Returns for Periods ended 06/30/2024
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 For the Quarter Ended June 30, 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 © PFM Asset Management LLC pfmam.com |
Account Summary
For the Quarter Ended June 30, 2024
Consolidated Summary
© PFM Asset Management LLC | pfmam.com
Account Summary
PFMAM Managed Account $152,365,556.83
CAMP Pool $52,094,023.27
LAIF $69,549,118.24
Wells Fargo Account $133,791,728.76
Total Program $407,800,427.10

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

62.6%

0.1% 0.0% 0.4% 1.3%

11.6%

19.6%

2.9% 1.5%
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
7 CITY OF MANTECA
© PFM Asset Management LLC pfmam.com |
Portfolio Review:

CITY OF MANTECA
© PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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 June 30, 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
9 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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
19%
38% 41%
1% 1%
8%
57%
35%
0%
20%40%60%
0-1 Yr 1-2 Yrs 2-3 Yrs 3-4 Yrs 4-5 Yrs
Portfolio Benchmark
Duration Distribution
U.S. Treasury | 42%Corporate | 24%
ABS | 19%Agency CMBS | 11%
Negotiable CD | 4%Municipal | 1%
Sector Allocation
AAA | 13%AA+ | 53%AA | 1%AA- | 6%A+ | 8%A | 6%A- | 5%
BBB+ | 1%Not Rated | 6%
Portfolio Statistics
Portfolio Effective Duration 1.78 years
Benchmark Effective Duration 1.75 yearsPortfolio Credit Quality AA Yield At Market 4.85%
Yield At Cost 4.41%
Total Market Value $153,741,960.09
Securities Sub-Total $152,365,556.83Cash $44,168.36
Accrued Interest $1,332,234.90
10 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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 41.7% UNITED STATES TREASURY 41.7% AA / Aaa / AA
Agency CMBS 11.0%
FANNIE MAE 0.4% AA / Aaa / AAFREDDIE MAC 10.6% 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 4.1%
CREDIT AGRICOLE SA 0.7% A / Aa / AANATIXIS NY BRANCH 0.8% A / A / ANORDEA BANK ABP 0.9% AA / Aa / AARABOBANK NEDERLAND 0.7% A / Aa / AA TORONTO-DOMINION BANK 1.0% A / A / NR
Corporate 23.8%
ADOBE INC 0.3% A / A / NRAMERICAN EXPRESS CO 0.1% BBB / A / AAMERICAN HONDA FINANCE 0.7% A / A / AANZ BANKING GROUP LTD 1.3% AA / Aa / AA ASTRAZENECA PLC 0.4% A / A / A
BANK OF AMERICA CO 1.1% A / Aa / AA
BMW FINANCIAL SERVICES NA LLC 0.9% A / A / NRBP PLC 0.5% A / A / ABRISTOL-MYERS SQUIBB CO 0.2% A / A / NRCATERPILLAR INC 0.5% A / A / A Security Type / Issuer Market Value (%) S&P / Moody's / FitchCorporate 23.8% CINTAS CORPORATION NO. 2 0.2% A / A / NRCISCO SYSTEMS INC 0.6% AA / A / NRCITIGROUP INC 1.2% A / A / ACOMCAST CORP 0.1% A / A / ACOMMONWEALTH BANK OF AUSTRALIA 0.5% AA / Aa / AA DEERE & COMPANY 0.6% 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 0.6% A / A / AHOME DEPOT INC 0.4% A / A / AHORMEL FOODS CORP 0.2% A / A / NRIBM CORP 0.7% A / A / AJP MORGAN CHASE & CO 0.8% A / Aa / AALINDE PLC 0.7% A / A / NRMORGAN STANLEY 0.8% A / A / ANATIONAL AUSTRALIA BANK LTD 1.2% AA / Aa / NRNATIONAL RURAL UTILITIES CO FINANCECORP

0.4% A / A / A
NESTLE SA 0.2% AA / Aa / NRPACCAR FINANCIAL CORP 0.2% A / A / NRPEPSICO INC 0.3% A / A / NRPNC FINANCIAL SERVICES GROUP 0.4% A / A / ARABOBANK NEDERLAND 0.5% 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
11 © PFM Asset Management LLC pfmam.com

Issuer Diversification
Security Type / Issuer Market Value (%) S&P / Moody's / FitchCorporate 23.8% TOYOTA MOTOR CORP 0.5% A / A / ATRUIST FIN CORP 0.6% A / Baa / AUNITEDHEALTH GROUP INC 0.7% A / A / A USAA CAPITAL CORP 0.5% AA / Aa / NRWAL-MART STORES INC 0.1% AA / Aa / AAWELLS FARGO & COMPANY 1.2% A / Aa / AA ABS 18.4%
ALLY AUTO RECEIVABLES TRUST 1.0% AAA / Aaa / AAAAMERICAN EXPRESS CO 0.9% AAA / NR / AAA BANK OF AMERICA CO 0.7% AAA / Aaa / AAABMW VEHICLE OWNER TRUST 0.7% AAA / Aaa / AAACAPITAL ONE FINANCIAL CORP 0.9% AAA / Aaa / AAACARMAX AUTO OWNER TRUST 1.6% AAA / Aaa / AAACHASE ISSURANCE 0.7% AAA / NR / AAACITIGROUP INC 0.1% AAA / Aaa / AAADISCOVER FINANCIAL SERVICES 0.9% AAA / Aaa / AAAFIFTH THIRD AUTO TRUST 0.5% AAA / Aaa / NRFORD CREDIT AUTO OWNER TRUST 1.2% AAA / Aaa / AAAGM FINANCIAL CONSUMER AUTOMOBILETRUST

1.4% AAA / Aaa / AAA
HARLEY-DAVIDSON MOTORCYCLE TRUST 0.6% AAA / Aaa / AAAHONDA AUTO RECEIVABLES 0.7% AAA / Aaa / AAAHYUNDAI AUTO RECEIVABLES 0.8% AAA / NR / AAAKUBOTA CREDIT OWNER TRUST 2.2% NR / Aaa / AAA MERCEDES-BENZ AUTO RECEIVABLES 0.9% AAA / Aaa / AAANISSAN AUTO RECEIVABLES 1.1% AAA / Aaa / AAA Security Type / Issuer Market Value (%) S&P / Moody's / FitchABS 18.4% TOYOTA MOTOR CORP 1.1% AAA / Aaa / AAAVOLKSWAGEN AUTO LEASE TURST 0.0% NR / Aaa / AAA VOLKSWAGEN OF AMERICA 0.1% AAA / Aaa / NRWORLD OMNI AUTO REC TRUST 0.1% AAA / NR / AAA Total 100.0%
12 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2024
Portfolio Activity
|
Portfolio Activity - CITY OF MANTECA
Net Activity by Sector
($ millions)
Corporate
Agency CMBS
ABS
U.S. Treasury
Corporate
Agency CMBS
ABS
U.S. Treasury
($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 $4,060,733
ABS ($630,597)Agency CMBS ($772,187)
Corporate ($1,044,772)Total Net Activity $1,613,178
Sales/Maturities Purchases
13 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2024
Portfolio Characteristics
|
$0.0
$32.0$64.0$96.0
$128.0$160.0
Millions
June 2024
$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
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 Sep-23 % of Total Dec-23 % of Total Mar-24 % of Total Jun-24 % of Total U.S. Treasury $55.3 37.7% $56.1 37.4% $59.5 39.5% $63.5 41.7% Agency CMBS $13.9 9.5% $17.8 11.9% $17.6 11.7% $16.9 11.1% Supranational $1.4 1.0% $0.0 0.0% $0.0 0.0% $0.0 0.0%Municipal $1.8 1.2% $1.4 1.0% $1.4 1.0% $1.4 0.9%Negotiable CD $6.1 4.2% $6.1 4.1% $6.2 4.1% $6.2 4.1%Corporate $39.6 27.0% $39.3 26.2% $37.1 24.6% $36.1 23.7% ABS $28.4 19.4% $29.0 19.4% $28.8 19.1% $28.2 18.5%
Total $146.5 100.0% $149.7 100.0% $150.7 100.0% $152.4 100.0% 14 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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%2.0%4.0%6.0%
Return
Portfolio Benchmark Net of Fees
Portfolio Performance
Market Value Basis Earnings 3 Months 1 Year 3 Years 5 Years 10 YearsInterest Earned² $1,553,286 $5,496,134 $9,604,733 $15,276,355 $26,160,955 Change in Market Value ($35,002) $1,930,055 ($5,591,713) ($3,994,060) ($3,849,357) Total Dollar Return $1,518,284 $7,426,189 $4,013,020 $11,282,295 $22,311,598 Total Return³
Portfolio 1.00% 5.08% 0.89% 1.48% 1.50%Benchmark⁴ 0.94% 4.53% 0.40% 1.06% 1.14%Basis Point Fee 0.03% 0.11% 0.11% 0.11% 0.11%Net of Fee Return 0.97% 4.96% 0.77% 1.37% 1.38% 3 Months 1 Year 3 Years 5 Years 10 Years
15 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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
$1,553,286
($262,522)
$92,957
$1,383,722
1 Year
$5,496,134
($1,941,954)
$314,663
$3,868,844
3 Years
$9,604,733
($4,024,756)
$189,564
$5,769,541
5 Year
$15,276,355
($1,602,910)
$201,710
$13,875,155
10 Year¹
$26,160,955
($2,245,398)
($471,016)
$23,444,542
16 © PFM Asset Management LLC pfmam.com |
Portfolio Holdings and Transactions
© PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2024
Portfolio Composition
|
Issuer Distribution
As of June 30, 2024
Issuer Market Value ($) % of Portfolio
UNITED STATES TREASURY 63,514,949 41.69%FREDDIE MAC 16,244,316 10.66%KUBOTA CREDIT OWNER TRUST 3,383,292 2.22%BANK OF AMERICA CO 2,777,908 1.82%TOYOTA MOTOR CORP 2,527,361 1.66%CARMAX AUTO OWNER TRUST 2,398,840 1.57%CITIGROUP INC 2,100,005 1.38%GM FINANCIAL CONSUMER AUTOMOBILE TRUST 2,078,657 1.36% ANZ BANKING GROUP LTD 2,031,565 1.33%
STATE STREET CORPORATION 1,864,024 1.22%RABOBANK NEDERLAND 1,842,155 1.21%WELLS FARGO & COMPANY 1,824,041 1.20%NATIONAL AUSTRALIA BANK LTD 1,789,343 1.17%FORD CREDIT AUTO OWNER TRUST 1,774,224 1.16%NISSAN AUTO RECEIVABLES 1,648,743 1.08% ALLY AUTO RECEIVABLES TRUST 1,573,609 1.03%AMERICAN EXPRESS CO 1,566,372 1.03% MERCEDES-BENZ AUTO RECEIVABLES 1,438,864 0.94%TORONTO-DOMINION BANK 1,430,349 0.94%NORDEA BANK ABP 1,425,339 0.94%CAPITAL ONE FINANCIAL CORP 1,404,637 0.92%BMW FINANCIAL SERVICES NA LLC 1,371,572 0.90%DISCOVER FINANCIAL SERVICES 1,355,139 0.89%HYUNDAI AUTO RECEIVABLES 1,277,561 0.84% 18 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2024
Portfolio Composition
|
Issuer Market Value ($) % of PortfolioJP MORGAN CHASE & CO 1,189,839 0.78%MORGAN STANLEY 1,162,769 0.76%BMW VEHICLE OWNER TRUST 1,140,087 0.75%CREDIT AGRICOLE SA 1,124,385 0.74%NATIXIS NY BRANCH 1,108,228 0.73%EXXON MOBIL CORP 1,089,726 0.72%CHASE ISSURANCE 1,072,699 0.70%LINDE PLC 1,057,704 0.69%IBM CORP 1,049,982 0.69% AMERICAN HONDA FINANCE 1,007,012 0.66%
HONDA AUTO RECEIVABLES 1,001,813 0.66%UNITEDHEALTH GROUP INC 991,290 0.65%TRUIST FIN CORP 953,565 0.63%GOLDMAN SACHS GROUP INC 953,295 0.63%CISCO SYSTEMS INC 942,403 0.62%HARLEY-DAVIDSON MOTORCYCLE TRUST 915,764 0.60%DEERE & COMPANY 861,114 0.57%BP PLC 813,405 0.53%FIFTH THIRD AUTO TRUST 791,650 0.52%ROCHE HOLDINGS INC 769,103 0.50%COMMONWEALTH OF MASSACHUSETTS 758,398 0.50%CATERPILLAR INC 748,693 0.49%ELI LILLY & CO 732,291 0.48%USAA CAPITAL CORP 719,304 0.47%COMMONWEALTH BANK OF AUSTRALIA 702,619 0.46%FANNIE MAE 645,253 0.42%TEXAS INSTRUMENTS INC 640,301 0.42% 19 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2024
Portfolio Composition
|
Issuer Market Value ($) % of PortfolioHOME DEPOT INC 616,434 0.40%NATIONAL RURAL UTILITIES CO FINANCE CORP 602,184 0.40%PNC FINANCIAL SERVICES GROUP 557,262 0.37% ASTRAZENECA PLC 543,548 0.36%
PEPSICO INC 516,526 0.34%GENERAL DYNAMICS CORP 511,002 0.34% ADOBE INC 460,124 0.30%
FLORIDA STATE BOARD OF ADMIN FIN CORP 379,172 0.25%PACCAR FINANCIAL CORP 368,277 0.24%HORMEL FOODS CORP 318,102 0.21%CINTAS CORPORATION NO. 2 309,957 0.20%NEW JERSEY TURNPIKE AUTHORITY 298,162 0.20%NESTLE SA 285,902 0.19%BRISTOL-MYERS SQUIBB CO 229,865 0.15%WORLD OMNI AUTO REC TRUST 213,919 0.14%VOLKSWAGEN OF AMERICA 207,364 0.14%WAL-MART STORES INC 157,352 0.10%COMCAST CORP 134,925 0.09%VOLKSWAGEN AUTO LEASE TURST 69,925 0.05% Grand Total 152,365,557 100.00%
20 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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 02/15/2023 4.000% 02/15/2026
91282CGL9 1,650,000.00 AA+ Aaa 3/2/2023 3/7/2023 1,621,189.45 4.64 24,840.66 1,634,095.29 1,627,570.23 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 21,829.67 1,448,888.62 1,430,288.99 US TREASURY NOTESDTD 02/28/2019 2.500% 02/28/2026
9128286F2 3,025,000.00 AA+ Aaa 5/1/2023 5/3/2023 2,915,107.42 3.87 25,276.83 2,960,363.57 2,911,562.50 US TREASURY NOTESDTD 03/15/2023 4.625% 03/15/2026
91282CGR6 700,000.00 AA+ Aaa 4/2/2024 4/5/2024 698,769.53 4.72 9,501.36 698,920.52 697,593.75 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 7,889.35 999,078.03 982,031.20 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 11,636.78 1,473,016.06 1,448,496.02 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 11,439.55 1,449,234.53 1,423,945.24 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 4,339.14 545,143.18 540,117.16 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 2,761.27 349,178.68 343,710.92 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 13,889.27 2,981,088.45 2,938,593.60 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 6,944.63 1,483,759.65 1,469,296.80 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 2,704.92 1,490,402.12 1,482,656.25 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 4,508.19 2,488,647.66 2,471,093.75 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 60,230.77 2,896,243.73 2,887,312.50 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 16,466.35 992,976.79 993,437.50 21 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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 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 11,526.44 694,071.21 695,406.25 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 41,165.86 2,482,873.48 2,483,593.75 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 49,399.04 2,980,441.32 2,980,312.50 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 30,540.08 2,237,468.80 2,247,538.95 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 4,135.33 421,715.05 424,601.56 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 9,730.19 997,769.00 999,062.50 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 14,767.32 2,487,774.79 2,499,218.75 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 17,720.79 3,019,784.97 2,999,062.50 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 8,860.39 1,506,603.90 1,499,531.25 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 8,269.70 1,409,098.62 1,399,562.50 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 4,781.42 2,513,664.65 2,485,937.50 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 2,868.85 1,509,218.22 1,491,562.50 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 46,153.85 2,491,320.85 2,463,672.00 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 6,210.16 397,561.10 395,437.52 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 11,644.06 743,847.07 741,445.35 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 38,813.53 2,489,874.89 2,471,484.50 US TREASURY N/B NOTESDTD 03/15/2024 4.250% 03/15/2027
91282CKE0 1,500,000.00 AA+ Aaa 4/3/2024 4/8/2024 1,489,160.16 4.52 18,709.24 1,489,953.26 1,488,046.80 22 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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 03/15/2024 4.250% 03/15/2027
91282CKE0 1,500,000.00 AA+ Aaa 4/2/2024 4/5/2024 1,489,335.94 4.51 18,709.24 1,490,141.85 1,488,046.80 US TREASURY N/B NOTESDTD 04/15/2024 4.500% 04/15/2027
91282CKJ9 1,525,000.00 AA+ Aaa 4/10/2024 4/15/2024 1,523,808.59 4.53 14,437.50 1,523,887.02 1,522,855.55 US TREASURY N/B NOTESDTD 04/15/2024 4.500% 04/15/2027
91282CKJ9 1,250,000.00 AA+ Aaa 5/8/2024 5/13/2024 1,244,531.25 4.66 11,834.02 1,244,765.92 1,248,242.25 US TREASURY N/B NOTESDTD 04/15/2024 4.500% 04/15/2027
91282CKJ9 425,000.00 AA+ Aaa 4/29/2024 4/30/2024 421,414.06 4.81 4,023.57 421,606.02 424,402.36 US TREASURY N/B NOTESDTD 05/15/2024 4.500% 05/15/2027
91282CKR1 1,350,000.00 AA+ Aaa 6/10/2024 6/11/2024 1,343,671.88 4.67 7,758.83 1,343,781.77 1,348,312.50 US TREASURY N/B NOTESDTD 05/15/2024 4.500% 05/15/2027
91282CKR1 1,250,000.00 AA+ Aaa 6/12/2024 6/17/2024 1,246,435.55 4.61 7,184.10 1,246,479.16 1,248,437.50 US TREASURY N/B NOTESDTD 05/15/2024 4.500% 05/15/2027
91282CKR1 900,000.00 AA+ Aaa 5/15/2024 5/20/2024 898,031.25 4.58 5,172.55 898,101.70 898,875.00 US TREASURY N/B NOTESDTD 05/15/2024 4.500% 05/15/2027
91282CKR1 1,550,000.00 AA+ Aaa 6/6/2024 6/11/2024 1,550,302.73 4.49 8,908.29 1,550,297.46 1,548,062.50 US TREASURY N/B NOTESDTD 05/15/2024 4.500% 05/15/2027
91282CKR1 375,000.00 AA+ Aaa 6/11/2024 6/12/2024 373,696.29 4.63 2,155.23 373,717.83 374,531.25 Security Type Sub-Total 64,100,000.00 63,738,711.92 4.40 629,738.32 63,856,856.79 63,514,948.80 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 55,416.67 1,425,000.00 1,430,349.43 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 12,695.96 1,425,000.00 1,425,339.15 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 25,456.44 1,100,000.00 1,095,912.40 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 48,853.75 1,100,000.00 1,108,228.00 23 © PFM Asset Management LLC pfmam.com

AMERICAN EXPRESS CO CORP
NOTES (CALLABLEDTD 03/04/2022 2.250% 03/04/2025
025816CQ0 120,000.00 BBB+ A2 3/1/2022 3/4/2022 119,878.80 2.29 877.50 119,972.80 117,400.44 BMW US CAPITAL LLC CORP NOTESDTD 04/01/2022 3.250% 04/01/2025 05565EBZ7 355,000.00 A A2 3/28/2022 4/1/2022 354,666.30 3.28 2,884.38 354,916.58 349,140.37 CINTAS CORPORATION NO. 2 CORPNOTE (CALLDTD 05/03/2022 3.450% 05/01/2025 17252MAP5 315,000.00 A- A3 4/26/2022 5/3/2022 314,930.70 3.46 1,811.25 314,980.74 309,956.54 24 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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
NATIONAL AUSTRALIA BK/NYCORPORATE NOTESDTD 06/09/2022 3.500% 06/09/2025 63254ABD9 350,000.00 AA- Aa2 5/31/2022 6/9/2022 350,000.00 3.50 748.61 350,000.00 344,042.30 NATIONAL RURAL UTIL COOPCORPORATE NOTESDTD 05/04/2022 3.450% 06/15/2025 63743HFE7 145,000.00 A- A2 4/27/2022 5/4/2022 144,960.85 3.46 222.33 144,987.99 142,176.27 IBM CORP CORPORATE NOTESDTD 07/27/2022 4.000% 07/27/2025 459200KS9 1,065,000.00 A- A3 7/20/2022 7/27/2022 1,065,000.00 4.00 18,223.33 1,065,000.00 1,049,982.44 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 14,943.06 724,975.84 724,152.48 PACCAR FINANCIAL CORPCORPORATE NOTESDTD 08/11/2022 3.550% 08/11/2025 69371RR99 375,000.00 A+ A1 8/3/2022 8/11/2022 374,733.75 3.58 5,177.08 374,901.37 368,277.00 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 1,766.67 149,978.19 147,714.30 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 5,319.95 355,000.00 356,368.88 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 4,714.02 475,000.00 473,268.63 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 1,246.69 134,919.71 135,031.59 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 1,063.13 134,983.57 134,924.67 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 3,615.08 1,064,452.19 1,057,703.69 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 1,062.50 1,000,000.00 978,776.00

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 1,934.15 595,000.00 594,480.57 25 © PFM Asset Management LLC pfmam.com

AMERICAN HONDA FINANCE
CORPORATE NOTESDTD 01/12/2023 4.750% 01/12/2026
02665WEC1 190,000.00 A- A3 1/10/2023 1/12/2023 189,889.80 4.77 4,236.74 189,943.69 188,497.29 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 24,361.68 1,045,000.00 1,039,889.95 CITIGROUP INC CORP NOTES(CALLABLE)DTD 01/25/2022 2.014% 01/25/2026 17327CAN3 150,000.00 BBB+ A3 1/18/2022 1/25/2022 150,000.00 2.01 1,309.10 150,000.00 146,435.85 STATE STREET CORP NOTES(CALLABLE)DTD 01/26/2023 4.857% 01/26/2026 857477BZ5 120,000.00 A A1 1/23/2023 1/26/2023 120,000.00 4.86 2,509.45 120,000.00 119,246.52 STATE STREET CORP (CALLABLE)CORPORATE NDTD 02/07/2022 1.746% 02/06/2026 857477BR3 300,000.00 A A1 2/2/2022 2/7/2022 300,000.00 1.75 2,109.75 300,000.00 292,700.70 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 9,069.67 519,836.79 516,525.88 MORGAN STANLEY CORP NOTES(CALLABLE)DTD 02/18/2022 2.630% 02/18/2026 61747YEM3 875,000.00 A- A1 2/16/2022 2/18/2022 875,000.00 2.63 8,501.84 875,000.00 855,616.13 EXXON MOBIL CORP NOTES(CALLABLE)DTD 03/03/2016 3.043% 03/01/2026 30231GAT9 1,125,000.00 AA- Aa2 1/30/2023 2/1/2023 1,082,340.00 4.37 11,411.25 1,101,924.13 1,089,725.63 NESTLE HOLDINGS INC CORPORATENOTESDTD 03/14/2023 5.250% 03/13/2026 641062BK9 285,000.00 AA- Aa3 3/7/2023 3/14/2023 284,905.95 5.26 4,488.75 284,946.75 285,902.03 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 1,668.75 124,951.22 123,199.00 26 © PFM Asset Management LLC pfmam.com

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 6,365.97 445,000.00 443,507.47 STATE STREET CORP NOTES(CALLABLE)DTD 10/29/2020 2.901% 03/30/2026 857477BM4 700,000.00 A A1 2/17/2022 2/22/2022 714,091.00 2.38 5,133.16 703,385.82 684,497.80 STATE STREET CORP NOTES(CALLABLE)DTD 10/29/2020 2.901% 03/30/2026 857477BM4 150,000.00 A A1 2/3/2022 2/7/2022 154,573.50 2.13 1,099.96 151,084.56 146,678.10 WALMART INC CORPORATE NOTES(CALLABLE)DTD 04/18/2023 4.000% 04/15/2026 931142FA6 160,000.00 AA Aa2 4/12/2023 4/18/2023 159,929.60 4.02 1,351.11 159,957.94 157,351.84 WELLS FARGO & CO CORP NOTESDTD 04/22/2016 3.000% 04/22/2026 949746RW3 650,000.00 BBB+ A1 3/28/2023 3/30/2023 611,520.00 5.11 3,737.50 627,304.02 623,082.20 JPMORGAN CHASE & CO (CALLABLE)CORPORATEDTD 04/26/2022 4.080% 04/26/2026 46647PCZ7 700,000.00 A- A1 4/19/2022 4/26/2022 700,000.00 4.08 5,156.67 700,000.00 690,314.80 CITIBANK NA CORP NOTES(CALLABLE)DTD 04/30/2024 5.438% 04/30/2026 17325FBF4 300,000.00 A+ Aa3 4/23/2024 4/30/2024 300,000.00 5.44 2,764.32 300,000.00 300,745.80 TOYOTA MOTOR CREDIT CORP CORPNOTESDTD 05/18/2023 4.450% 05/18/2026 89236TKT1 495,000.00 A+ A1 5/15/2023 5/18/2023 494,712.90 4.47 2,631.06 494,820.30 488,671.92 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 5.47 527.08 508,062.79 511,001.70 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 1,107.67 364,863.44 362,831.54

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 8,373.75 329,727.42 330,295.68 27 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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 FIN CORP NOTES (CALLABLE)DTD 07/28/2022 4.260% 07/28/2026 89788MAH5 465,000.00 A- Baa1 7/25/2022 7/28/2022 465,000.00 4.26 8,418.83 465,000.00 457,639.98 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 8,994.62 415,000.00 415,019.92 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 9,810.00 449,725.52 450,639.00 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 14,801.24 725,000.00 729,539.23 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 3,566.06 284,495.87 284,236.77 TRUIST FINANCIAL CORP NOTES(CALLABLE)DTD 10/28/2022 5.900% 10/28/2026 89788MAJ1 495,000.00 A- Baa1 10/26/2022 10/28/2022 495,000.00 5.90 5,110.88 495,000.00 495,924.66 STATE STREET CORP NOTES(CALLABLE)DTD 11/04/2022 5.751% 11/04/2026 857477BX0 205,000.00 A A1 11/1/2022 11/4/2022 205,000.00 5.75 1,866.68 205,000.00 205,881.30 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 5,370.30 765,000.00 769,102.70 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 1,493.33 199,944.33 201,777.20 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 2,187.50 474,414.14 479,289.00 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 1,769.88 430,000.00 431,867.49 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 1,632.36 500,000.00 499,524.00 28 © PFM Asset Management LLC pfmam.com

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 21,506.94 1,000,000.00 993,577.00 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 1,741.30 85,000.00 83,993.18 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 11,785.58 644,638.45 640,300.53 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 13,135.00 739,656.22 732,290.68 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 4,038.42 229,779.30 229,864.76 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 15,750.00 943,904.41 942,403.14

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 9,083.33 544,183.44 543,547.58 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 7,679.17 499,580.84 498,282.00

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 7,203.00 489,755.65 488,218.85 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 3,888.89 279,690.48 279,804.56 29 © PFM Asset Management LLC pfmam.com

ADOBE INC CORPORATE NOTES
DTD 04/04/2024 4.850% 04/04/2027
00724PAE9 460,000.00 A+ A1 4/1/2024 4/4/2024 459,770.00 4.87 5,391.58 459,787.23 460,124.20 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 12,777.78 993,621.64 991,290.00 GOLDMAN SACHS BANK USACORPORATE NOTES (DTD 05/21/2024 5.414% 05/21/2027 38151LAG5 475,000.00 A+ A1 5/15/2024 5/21/2024 475,000.00 5.41 2,857.39 475,000.00 474,006.30 USAA CAPITAL CORP CORPORATENOTESDTD 06/03/2024 5.250% 06/01/2027 90327QD97 715,000.00 AA Aa1 5/29/2024 6/3/2024 712,933.65 5.36 2,919.58 712,982.47 719,303.59 NATIONAL AUSTRALIA BK/NYCORPORATE NOTESDTD 06/11/2024 5.087% 06/11/2027 63253QAJ3 405,000.00 AA- Aa2 6/3/2024 6/11/2024 405,000.00 5.09 1,144.58 405,000.00 405,411.08 HOME DEPOT CORP NOTES(CALLABLE)DTD 06/25/2024 4.875% 06/25/2027 437076DB5 185,000.00 A A2 6/17/2024 6/25/2024 184,387.65 5.00 150.31 184,390.76 184,483.30 BP CAP MARKETS AMERICACORPORATE NOTES (DTD 05/17/2024 5.017% 11/17/2027 10373QBY5 815,000.00 A- A1 5/15/2024 5/17/2024 815,000.00 5.02 4,997.49 815,000.00 813,405.05 MORGAN STANLEY BANK NA BANKNOTES (CALLADTD 05/30/2024 5.504% 05/26/2028 61690U8B9 305,000.00 A+ Aa3 5/28/2024 5/30/2024 305,000.00 5.50 1,445.56 305,000.00 307,153.30 Security Type Sub-Total 36,420,000.00 36,248,393.25 4.54 426,023.81 36,294,460.73 36,102,093.75 Agency CMBS
FHMS K041 A2DTD 12/16/2014 3.171% 10/01/2024
3137BFE98 804,675.39 AA+ Aaa 8/30/2022 9/2/2022 794,082.60 3.83 2,126.35 803,393.10 798,537.74 FHMS K045 A2DTD 05/01/2015 3.023% 01/01/2025
3137BHXJ1 1,344,688.55 AA+ Aaa 7/13/2022 7/18/2022 1,328,510.26 3.54 3,387.49 1,341,373.62 1,324,480.10 30 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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 K046 A2DTD 06/17/2015 3.205% 03/01/2025
3137BJP64 845,683.03 AA+ Aaa 8/3/2022 8/8/2022 839,373.44 3.51 2,258.68 844,044.96 831,548.75 FHMS K047 A2DTD 07/30/2015 3.329% 05/01/2025
3137BKRJ1 995,336.76 AA+ Aaa 5/19/2022 5/24/2022 1,001,713.14 3.10 2,761.23 997,143.30 977,410.23 FHLMC SERIES K049 A2DTD 10/01/2015 3.010% 07/01/2025
3137BLMZ8 1,443,776.18 AA+ Aaa 8/11/2022 8/16/2022 1,423,416.68 3.53 3,621.47 1,436,698.83 1,410,033.86 FHMS K733 A2DTD 11/09/2018 3.750% 08/01/2025
3137FJXQ7 558,675.38 AA+ Aaa 3/6/2023 3/9/2023 541,129.47 5.15 1,745.86 550,743.67 548,541.96 FHMS K733 A2DTD 11/09/2018 3.750% 08/01/2025
3137FJXQ7 558,675.38 AA+ Aaa 8/10/2023 8/15/2023 543,194.50 5.24 1,745.86 550,125.27 548,541.96 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 1,654.00 598,335.02 586,253.72 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 1,019,943.50 994,295.32 FHMS K054 A2DTD 04/20/2016 2.745% 01/01/2026
3137BNGT5 450,000.00 AA+ Aaa 3/1/2023 3/6/2023 423,773.44 4.96 1,029.38 436,048.08 434,207.06 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 1,871.33 676,935.28 680,274.85 FNA 2016-M3 A2DTD 03/31/2016 2.702% 02/01/2026
3136ARTE8 670,847.55 AA+ Aaa 10/6/2022 10/12/2022 632,902.74 4.55 1,510.53 652,629.02 645,253.17 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 1,445.63 653,666.04 644,511.70 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 1,521.33 757,610.98 760,272.57 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 1,285.00 574,674.74 572,899.28 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 1,658.13 728,391.36 714,388.70 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 1,197,717.99 1,200,949.18 FHMS K061 A2DTD 01/30/2017 3.347% 11/01/2026
3137BTUM1 513,152.58 AA+ Aaa 5/19/2023 5/24/2023 497,357.10 4.31 1,431.27 502,433.77 494,627.90 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 1,715.00 573,172.26 578,345.59 31 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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
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 1,756.63 619,363.92 621,557.46 FHMS K068 A2DTD 10/27/2017 3.244% 08/01/2027
3137FBBX3 800,000.00 AA+ Aaa 6/17/2024 6/21/2024 763,187.50 4.84 2,162.67 763,511.55 762,186.91 FHMS K069 A2DTD 11/20/2017 3.187% 09/01/2027
3137FBU79 800,000.00 AA+ Aaa 6/17/2024 6/21/2024 761,312.50 4.82 2,124.67 761,623.92 760,450.82 Security Type Sub-Total 17,435,510.80 16,845,598.89 4.32 44,620.74 17,039,580.18 16,889,568.83 ABS
VWALT 2022-A A3DTD 06/14/2022 3.440% 07/21/2025
92868AAC9 70,089.52 NR Aaa 6/7/2022 6/14/2022 70,083.94 3.44 73.67 70,087.62 69,924.64 KCOT 2021-1A A3DTD 04/14/2021 0.620% 08/15/2025
50117TAC5 52,210.72 NR Aaa 4/6/2021 4/14/2021 52,200.04 0.62 14.39 52,207.96 51,827.80 HART 2021-A A3DTD 04/28/2021 0.380% 09/15/2025
44933LAC7 10,134.09 NR NR 4/20/2021 4/28/2021 10,133.02 0.38 1.71 10,133.80 10,108.57 KCOT 2021-2A A3DTD 07/28/2021 0.560% 11/17/2025
50117XAE2 183,058.93 NR Aaa 7/20/2021 7/28/2021 183,052.02 0.56 45.56 183,056.72 180,162.41 CARMX 2021-1 A3DTD 01/27/2021 0.340% 12/15/2025
14316NAC3 18,125.96 AAA NR 1/20/2021 1/27/2021 18,122.38 0.34 2.74 18,124.89 18,013.97 HAROT 2021-4 A3DTD 11/24/2021 0.880% 01/21/2026
43815GAC3 171,817.45 NR Aaa 11/16/2021 11/24/2021 171,781.23 0.89 42.00 171,803.88 168,338.23 CARMX 2021-2 A3DTD 04/21/2021 0.520% 02/17/2026
14314QAC8 80,309.39 AAA NR 4/13/2021 4/21/2021 80,292.08 0.52 18.56 80,303.54 79,433.90 TAOT 2021-D A3DTD 11/15/2021 0.710% 04/15/2026
89238JAC9 181,093.89 AAA NR 11/9/2021 11/15/2021 181,090.03 0.71 57.15 181,092.33 177,471.23 HART 2021-C A3DTD 11/17/2021 0.740% 05/15/2026
44935FAD6 124,743.41 AAA NR 11/9/2021 11/17/2021 124,715.57 0.75 41.03 124,731.82 122,577.07 HAROT 2022-1 A3DTD 02/23/2022 1.880% 05/15/2026
43815BAC4 222,909.46 AAA Aaa 2/15/2022 2/23/2022 222,875.93 1.88 186.25 222,894.61 218,424.77 FORDO 2022-A A3DTD 01/24/2022 1.290% 06/15/2026
345286AC2 69,965.35 AAA NR 1/19/2022 1/24/2022 69,957.03 1.29 40.11 69,961.64 68,627.73 CARMX 2021-3 A3DTD 07/28/2021 0.550% 06/15/2026
14317DAC4 316,626.16 AAA Aaa 7/21/2021 7/28/2021 316,574.08 0.55 77.40 316,605.30 309,930.53 32 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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
VALET 2021-1 A3DTD 12/13/2021 1.020% 06/22/2026
92868KAC7 211,200.47 AAA Aaa 12/7/2021 12/13/2021 211,192.18 1.02 65.82 211,196.85 207,364.16 BMWOT 2022-A A3DTD 05/18/2022 3.210% 08/25/2026
05602RAD3 255,109.15 AAA Aaa 5/10/2022 5/18/2022 255,095.89 3.21 136.48 255,102.48 251,659.51 COPAR 2021-1 A3DTD 10/27/2021 0.770% 09/15/2026
14044CAC6 191,586.65 AAA Aaa 10/19/2021 10/27/2021 191,583.03 0.77 65.57 191,585.01 186,998.76 TAOT 2022-B A3DTD 04/13/2022 2.930% 09/15/2026
89238FAD5 296,933.78 AAA Aaa 4/7/2022 4/13/2022 296,926.85 2.93 386.67 296,930.32 292,110.27 GMCAR 2021-4 A3DTD 10/21/2021 0.680% 09/16/2026
362554AC1 161,016.14 AAA Aaa 10/13/2021 10/21/2021 161,012.03 0.68 45.62 161,014.29 157,337.65 KCOT 2022-1A A3DTD 03/23/2022 2.670% 10/15/2026
50117EAC8 641,917.23 NR Aaa 3/15/2022 3/23/2022 641,825.45 2.67 761.74 641,871.20 629,061.04 HART 2022-A A3DTD 03/16/2022 2.220% 10/15/2026
448977AD0 512,262.63 AAA NR 3/9/2022 3/16/2022 512,242.91 2.22 505.43 512,252.78 502,573.64 WOART 2021-D A3DTD 11/03/2021 0.810% 10/15/2026
98163KAC6 218,601.60 AAA NR 10/26/2021 11/3/2021 218,571.83 0.81 78.70 218,587.83 213,919.09 GMCAR 2022-1 A3DTD 01/19/2022 1.260% 11/16/2026
380146AC4 174,139.90 AAA NR 1/11/2022 1/19/2022 174,124.76 1.26 91.42 174,132.44 170,277.49 HART 2022-B A3DTD 07/20/2022 3.720% 11/16/2026
44918MAD2 405,720.67 AAA NR 7/12/2022 7/20/2022 405,720.50 3.72 670.79 405,720.58 400,768.97 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 1,308.80 719,926.38 711,098.64 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 1,084,856.77 1,072,698.92 HDMOT 2022-A A3DTD 04/20/2022 3.060% 02/15/2027
41284YAD8 429,116.34 AAA Aaa 4/12/2022 4/20/2022 429,044.88 3.06 583.60 429,077.45 423,184.62 CARMX 2022-2 A3DTD 04/28/2022 3.490% 02/16/2027
14317HAC5 401,898.26 AAA Aaa 4/21/2022 4/28/2022 401,837.13 3.49 623.39 401,864.82 396,173.14 GMCAR 2022-2 A3DTD 04/13/2022 3.100% 02/16/2027
362585AC5 273,702.86 AAA Aaa 4/5/2022 4/13/2022 273,645.66 3.10 353.53 273,671.84 269,338.86 CARMX 2022-3 A3DTD 07/20/2022 3.970% 04/15/2027
14318MAD1 711,093.75 AAA NR 7/12/2022 7/20/2022 711,076.97 3.97 1,254.69 711,083.88 702,270.29 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 3.76 434.49 259,974.03 256,160.16 33 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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
COPAR 2022-1 A3DTD 05/04/2022 3.170% 04/15/2027
14043QAC6 373,751.20 AAA NR 4/26/2022 5/4/2022 373,669.54 3.17 526.57 373,705.20 366,930.05 GMCAR 2022-3 A3DTD 07/13/2022 3.640% 04/16/2027
36265WAD5 449,279.41 NR Aaa 7/6/2022 7/13/2022 449,276.31 3.64 681.41 449,277.59 443,151.51 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 3.49 659.22 424,960.37 417,648.78 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 3.66 715.73 439,981.00 433,059.35 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 1,089,860.82 1,070,541.32 ALLYA 2022-2 A3
DTD 10/12/2022 4.760% 05/17/2027
02008MAC3 1,063,481.17 AAA Aaa 10/4/2022 10/12/2022 1,063,467.98 4.76 2,249.85 1,063,472.92 1,057,143.78 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 4.46 931.64 469,939.66 465,266.96 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 1,137.87 509,943.97 507,127.58 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 1,455.64 919,929.70 902,170.77 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 1,179,845.89 1,176,568.56 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 2,124.13 894,863.16 893,017.93 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 4.63 514.44 249,999.92 247,802.75 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 4.51 531.18 264,977.68 262,295.73 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 4.93 799.76 364,955.31 363,054.55 CCCIT 2023-A1 A1DTD 12/11/2023 5.230% 12/08/2027
17305EGW9 215,000.00 AAA Aaa 12/4/2023 12/11/2023 214,973.04 5.23 718.40 214,976.46 214,762.70 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 1,111.00 494,964.17 492,579.20 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 5.29 915.20 389,922.01 390,497.25 34 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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
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 5.53 958.53 389,988.21 391,029.02 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 4.65 785.33 379,970.56 376,432.41 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 1,235.07 589,974.75 583,728.83 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 4.47 726.38 389,991.98 385,643.62 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 5.47 223.36 244,965.59 245,770.43 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 4.31 881.16 459,979.95 452,967.84 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 1,249.73 514,929.53 516,465.33 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 4.87 822.49 379,973.47 378,430.56 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 4.79 521.58 244,956.30 243,509.05 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 5.23 964.64 414,995.56 414,326.58 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 5.67 393.75 249,961.47 251,995.90 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 5.19 934.20 404,985.33 403,736.93 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 5.54 492.44 199,980.99 201,611.26 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 1,941.64 789,959.45 791,650.23 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 5.78 818.83 339,939.37 343,199.81 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 5.54 590.93 239,972.03 241,532.64 KCOT 2024-2A A3DTD 06/25/2024 5.260% 11/15/2028
50117DAC0 510,000.00 NR Aaa 6/18/2024 6/25/2024 509,987.76 5.26 459.85 509,987.80 509,780.70 35 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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)
BUY4/1/2024 4/4/2024 460,000.00 00724PAE9 ADOBE INC CORPORATE NOTES 4.85% 4/4/2027 459,770.00 4.87%4/2/2024 4/5/2024 1,500,000.00 91282CKE0 US TREASURY N/B NOTES 4.25% 3/15/2027 1,492,973.85 4.51%4/2/2024 4/5/2024 700,000.00 91282CGR6 US TREASURY NOTES 4.62% 3/15/2026 700,617.02 4.72%4/3/2024 4/8/2024 1,500,000.00 91282CKE0 US TREASURY N/B NOTES 4.25% 3/15/2027 1,493,317.77 4.52%4/4/2024 4/10/2024 310,000.00 379931AD0 GMCAR 2024-2 A3 5.10% 3/16/2029 309,940.02 5.10%4/10/2024 4/15/2024 1,525,000.00 91282CKJ9 US TREASURY N/B NOTES 4.50% 4/15/2027 1,523,808.59 4.53%4/23/2024 4/30/2024 300,000.00 17325FBF4 CITIBANK NA CORP NOTES (CALLABLE) 5.43% 4/30/2026 300,000.00 5.44%4/29/2024 4/30/2024 425,000.00 91282CKJ9 US TREASURY N/B NOTES 4.50% 4/15/2027 422,197.87 4.81%5/8/2024 5/13/2024 1,250,000.00 91282CKJ9 US TREASURY N/B NOTES 4.50% 4/15/2027 1,248,834.53 4.66%5/14/2024 5/22/2024 1,180,000.00 65479UAD0 NAROT 2024-A A3 5.28% 12/15/2028 1,179,889.79 5.28%5/14/2024 5/22/2024 170,000.00 09709AAC6 BAAT 2024-1A A3 5.35% 11/15/2028 169,972.32 5.35%5/15/2024 5/17/2024 815,000.00 10373QBY5 BP CAP MARKETS AMERICA CORPORATE NOTES ( 5.01% 11/17/2027 815,000.00 5.02%5/15/2024 5/20/2024 900,000.00 91282CKR1 US TREASURY N/B NOTES 4.50% 5/15/2027 898,581.52 4.58%5/15/2024 5/21/2024 475,000.00 38151LAG5 GOLDMAN SACHS BANK USA CORPORATE NOTES ( 5.41% 5/21/2027 475,000.00 5.41%5/28/2024 5/30/2024 305,000.00 61690U8B9 MORGAN STANLEY BANK NA BANK NOTES (CALLA 5.50% 5/26/2028 305,000.00 5.50%5/29/2024 6/3/2024 715,000.00 90327QD97 USAA CAPITAL CORP CORPORATE NOTES 5.25% 6/1/2027 712,933.65 5.36%6/3/2024 6/11/2024 405,000.00 63253QAJ3 NATIONAL AUSTRALIA BK/NY CORPORATE NOTES 5.08% 6/11/2027 405,000.00 5.09% 37 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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)
BUY6/4/2024 6/11/2024 640,000.00 096919AD7 BMWOT 2024-A A3 5.18% 2/26/2029 639,902.78 5.18%6/6/2024 6/11/2024 1,550,000.00 91282CKR1 US TREASURY N/B NOTES 4.50% 5/15/2027 1,555,420.26 4.49%6/10/2024 6/11/2024 1,350,000.00 91282CKR1 US TREASURY N/B NOTES 4.50% 5/15/2027 1,348,129.08 4.67%6/11/2024 6/12/2024 375,000.00 91282CKR1 US TREASURY N/B NOTES 4.50% 5/15/2027 374,980.26 4.63%6/12/2024 6/17/2024 1,250,000.00 91282CKR1 US TREASURY N/B NOTES 4.50% 5/15/2027 1,251,479.71 4.61%6/17/2024 6/21/2024 800,000.00 3137FBBX3 FHMS K068 A2 3.24% 8/1/2027 764,629.28 4.84%6/17/2024 6/21/2024 800,000.00 3137FBU79 FHMS K069 A2 3.18% 9/1/2027 762,728.94 4.82%6/17/2024 6/25/2024 185,000.00 437076DB5 HOME DEPOT CORP NOTES (CALLABLE) 4.87% 6/25/2027 184,387.65 5.00%6/18/2024 6/24/2024 915,000.00 34531QAD1 FORDO 2024-B A3 5.10% 4/15/2029 914,991.58 5.10%6/18/2024 6/25/2024 510,000.00 50117DAC0 KCOT 2024-2A A3 5.26% 11/15/2028 509,987.76 5.26% Total BUY 21,310,000.00 21,219,474.23 0.00
INTEREST4/1/2024 4/1/2024 355,000.00 05565EBZ7 BMW US CAPITAL LLC CORP NOTES 3.25% 4/1/2025 5,768.754/1/2024 4/1/2024 MONEY0002 MONEY MARKET FUND 1,358.744/1/2024 4/25/2024 750,000.00 3137BSP72 FHMS K058 A2 2.65% 8/1/2026 1,658.134/1/2024 4/25/2024 1,000,000.00 3137BEVH4 FHLMC MULTIFAMILY STRUCTURED P 3.24% 9/1/2024 2,700.834/1/2024 4/25/2024 1,000,000.00 3137BKRJ1 FHMS K047 A2 3.32% 5/1/2025 2,774.17 38 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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)
INTEREST4/1/2024 4/25/2024 700,000.00 3137FLN34 FHMS K734 A2 3.20% 2/1/2026 1,871.334/1/2024 4/25/2024 1,124,986.09 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 3,515.584/1/2024 4/25/2024 1,202,633.39 3137FBTA4 FHLMC MULTIFAMILY STRUCTURED POOL 3.06% 8/1/2024 3,070.724/1/2024 4/25/2024 850,000.00 3137BJP64 FHMS K046 A2 3.20% 3/1/2025 2,270.214/1/2024 4/25/2024 1,250,000.00 3137BSRE5 FHMS K059 A2 3.12% 9/1/2026 3,250.004/1/2024 4/25/2024 835,108.22 3137BFE98 FHMS K041 A2 3.17% 10/1/2024 2,206.774/1/2024 4/25/2024 600,000.00 3137BVZ82 FHMS K063 A2 3.43% 1/1/2027 1,715.004/1/2024 4/25/2024 724,604.89 3136ARTE8 FNA 2016-M3 A2 2.70% 2/1/2026 1,631.574/1/2024 4/25/2024 650,000.00 3137F1G44 FHLMC MULTIFAMILY STRUCTURED P 3.24% 4/1/2027 1,756.634/1/2024 4/25/2024 516,166.73 3137BTUM1 FHMS K061 A2 3.34% 11/1/2026 1,439.684/1/2024 4/25/2024 1,352,161.35 3137BHXJ1 FHMS K045 A2 3.02% 1/1/2025 3,406.324/1/2024 4/25/2024 1,450,000.00 3137BLMZ8 FHLMC SERIES K049 A2 3.01% 7/1/2025 3,637.084/1/2024 4/25/2024 600,000.00 3137BM7C4 FHMS K052 A1 3.30% 9/1/2025 1,654.004/1/2024 4/25/2024 800,000.00 3137FNWX4 FHMS K736 A2 2.28% 7/1/2026 1,521.334/1/2024 4/25/2024 1,275,000.00 3137BRQJ7 FHMS K057 A2 2.57% 7/1/2026 2,730.634/1/2024 4/25/2024 1,025,000.00 3137BN6G4 FHMS K053 A2 2.99% 12/1/2025 2,558.234/1/2024 4/25/2024 450,000.00 3137BNGT5 FHMS K054 A2 2.74% 1/1/2026 1,029.38 39 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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)
INTEREST4/7/2024 4/7/2024 575,000.00 69371RR73 PACCAR FINANCIAL CORP CORPORATE NOTES 2.85% 4/7/2025 8,193.754/15/2024 4/15/2024 40,449.15 14316NAC3 CARMX 2021-1 A3 0.34% 12/15/2025 11.464/15/2024 4/15/2024 368,498.14 89238FAD5 TAOT 2022-B A3 2.93% 9/15/2026 899.754/15/2024 4/15/2024 4,825,000.00 91282CGV7 US TREASURY NOTES 3.75% 4/15/2026 90,468.754/15/2024 4/15/2024 421,857.37 14317DAC4 CARMX 2021-3 A3 0.55% 6/15/2026 193.354/15/2024 4/15/2024 265,000.00 05522RDH8 BACCT 2023-A2 A2 4.98% 11/15/2028 1,099.754/15/2024 4/15/2024 1,100,000.00 14041NFZ9 COMET 2022-A1 A1 2.80% 3/15/2027 2,566.674/15/2024 4/15/2024 265,000.00 58770AAC7 MBART 2023-1 A3 4.51% 11/15/2027 995.964/15/2024 4/15/2024 240,000.00 44918CAD4 HART 2023-C A3 5.54% 10/16/2028 1,108.004/15/2024 4/15/2024 175,625.50 44935FAD6 HART 2021-C A3 0.74% 5/15/2026 108.304/15/2024 4/15/2024 23,580.21 14316HAC6 CARMX 2020-4 A3 0.50% 8/15/2025 9.834/15/2024 4/15/2024 425,000.00 14041NGA3 COMET 2022-A2 A 3.49% 5/15/2027 1,236.044/15/2024 4/15/2024 380,000.00 344928AD8 FORDO 2023-A A3 4.65% 2/15/2028 1,472.504/15/2024 4/15/2024 1,125,000.00 02008MAC3 ALLYA 2022-2 A3 4.76% 5/17/2027 4,462.504/15/2024 4/15/2024 490,290.10 14317HAC5 CARMX 2022-2 A3 3.49% 2/16/2027 1,425.934/15/2024 4/15/2024 470,000.00 44918MAD2 HART 2022-B A3 3.72% 11/16/2026 1,457.004/15/2024 4/15/2024 249,404.91 14044CAC6 COPAR 2021-1 A3 0.77% 9/15/2026 160.03 40 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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)
INTEREST4/15/2024 4/15/2024 895,000.00 14041NFY2 COMET 2021-A3 A3 1.04% 11/15/2026 775.674/15/2024 4/15/2024 405,000.00 50117BAC4 KCOT 2024-1A A3 5.19% 7/17/2028 1,751.634/15/2024 4/15/2024 243,107.58 89238JAC9 TAOT 2021-D A3 0.71% 4/15/2026 143.844/15/2024 4/15/2024 405,000.00 254683CP8 DCENT 2021-A1 A1 0.58% 9/15/2026 195.754/15/2024 4/15/2024 515,000.00 02007WAC2 ALLYA 2023-1 A3 5.46% 5/15/2028 2,343.254/15/2024 4/15/2024 460,000.00 254683CY9 DCENT 2023-A1 A 4.31% 3/15/2028 1,652.174/15/2024 4/15/2024 440,000.00 14043GAD6 COPAR 2022-2 A3 3.66% 5/17/2027 1,342.004/15/2024 4/15/2024 200,000.00 89239FAD4 TAOT 2023-D A3 5.54% 8/15/2028 923.334/15/2024 4/15/2024 1,090,000.00 02582JJT8 AMXCA 2022-2 A 3.39% 5/17/2027 3,079.254/15/2024 4/15/2024 415,000.00 344930AD4 FORDO 2023-B A3 5.23% 5/15/2028 1,808.714/15/2024 4/15/2024 775,000.00 14318MAD1 CARMX 2022-3 A3 3.97% 4/15/2027 2,563.964/15/2024 4/15/2024 1,085,000.00 161571HV9 CHAIT 2024-A1 A 4.60% 1/15/2027 4,159.174/15/2024 4/15/2024 390,000.00 06428AAC2 BAAT 2023-1A A3 5.53% 2/15/2028 1,797.254/15/2024 4/15/2024 554,538.09 41284YAD8 HDMOT 2022-A A3 3.06% 2/15/2027 1,414.074/15/2024 4/15/2024 240,000.00 539830BU2 LOCKHEED MARTIN CORP NOTES (CALLABLE) 4.95% 10/15/2025 5,940.004/15/2024 4/15/2024 470,000.00 65480JAC4 NAROT 2022-B A3 4.46% 5/17/2027 1,746.834/15/2024 4/15/2024 1,914.03 50117EAB0 KCOT 2022-1A A2 2.34% 4/15/2025 3.73 41 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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)
INTEREST4/15/2024 4/15/2024 390,000.00 500945AC4 KCOT 2023-2A A3 5.28% 1/18/2028 1,716.004/15/2024 4/15/2024 160,000.00 931142FA6 WALMART INC CORPORATE NOTES (CALLABLE) 4.00% 4/15/2026 3,200.004/15/2024 4/15/2024 380,000.00 02582JJZ4 AMXCA 2023-1 A 4.87% 5/15/2028 1,542.174/15/2024 4/15/2024 920,000.00 254683CW3 DCENT 2022-A3 A3 3.56% 7/15/2027 2,729.334/15/2024 4/15/2024 1,180,000.00 58768PAC8 MBART 2022-1 A3 5.21% 8/16/2027 5,123.174/15/2024 4/15/2024 260,000.00 89231CAD9 TAOT 2022-C A3 3.76% 4/15/2027 814.674/15/2024 4/15/2024 720,000.00 50117JAC7 KCOT 2022-2A A3 4.09% 12/15/2026 2,454.004/15/2024 4/15/2024 365,000.00 437927AC0 HAROT 2023-2 A3 4.93% 11/15/2027 1,499.544/15/2024 4/15/2024 49,670.98 44933LAC7 HART 2021-A A3 0.38% 9/15/2025 15.734/15/2024 4/15/2024 285,684.99 43815BAC4 HAROT 2022-1 A3 1.88% 5/15/2026 447.574/15/2024 4/15/2024 590,000.00 891941AD8 TAOT 2023-B A3 4.71% 2/15/2028 2,315.754/15/2024 4/15/2024 765,000.00 50117EAC8 KCOT 2022-1A A3 2.67% 10/15/2026 1,702.134/15/2024 4/15/2024 289,592.96 98163KAC6 WOART 2021-D A3 0.81% 10/15/2026 195.484/15/2024 4/15/2024 895,000.00 14318UAD3 CARMX 2022-4 A3 5.34% 8/16/2027 3,982.754/15/2024 4/15/2024 92,557.90 345286AC2 FORDO 2022-A A3 1.29% 6/15/2026 99.504/15/2024 4/15/2024 790,000.00 31680EAD3 FITAT 2023-1 A3 5.53% 8/15/2028 3,640.584/15/2024 4/15/2024 250,000.00 891940AC2 TAOT 2023-A A3 4.63% 9/15/2027 964.58 42 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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)
INTEREST4/15/2024 4/15/2024 1,425,000.00 91282CJC6 US TREASURY NOTES 4.62% 10/15/2026 32,953.134/15/2024 4/15/2024 495,000.00 41285JAD0 HDMOT 2023-A A3 5.05% 12/15/2027 2,083.134/15/2024 4/15/2024 106,312.25 50117TAC5 KCOT 2021-1A A3 0.62% 8/15/2025 54.934/15/2024 4/15/2024 447,658.81 14043QAC6 COPAR 2022-1 A3 3.17% 4/15/2027 1,182.574/15/2024 4/15/2024 510,000.00 50117KAC4 KCOT 2023-1A A3 5.02% 6/15/2027 2,133.504/15/2024 4/15/2024 652,751.75 448977AD0 HART 2022-A A3 2.22% 10/15/2026 1,207.594/15/2024 4/15/2024 134,038.19 14314QAC8 CARMX 2021-2 A3 0.52% 2/17/2026 58.084/15/2024 4/15/2024 245,000.00 05522RDG0 BACCT 2023-A1 A1 4.79% 5/15/2028 977.964/15/2024 4/15/2024 271,111.49 50117XAE2 KCOT 2021-2A A3 0.56% 11/17/2025 126.524/16/2024 4/16/2024 332,232.53 362585AC5 GMCAR 2022-2 A3 3.10% 2/16/2027 858.274/16/2024 4/16/2024 210,316.78 362554AC1 GMCAR 2021-4 A3 0.68% 9/16/2026 119.184/16/2024 4/16/2024 390,000.00 362583AD8 GMCAR 2023-2 A3 4.47% 2/16/2028 1,452.754/16/2024 4/16/2024 470,000.00 36265WAD5 GMCAR 2022-3 A3 3.64% 4/16/2027 1,425.674/16/2024 4/16/2024 223,152.26 380146AC4 GMCAR 2022-1 A3 1.26% 11/16/2026 234.314/16/2024 4/16/2024 340,000.00 379930AD2 GMCAR 2023-4 A3 5.78% 8/16/2028 1,637.674/20/2024 4/20/2024 293,691.02 92868KAC7 VALET 2021-1 A3 1.02% 6/22/2026 249.644/20/2024 4/20/2024 152,296.60 92868AAC9 VWALT 2022-A A3 3.44% 7/21/2025 436.58 43 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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)
INTEREST4/21/2024 4/21/2024 233,639.85 43815GAC3 HAROT 2021-4 A3 0.88% 1/21/2026 171.344/21/2024 4/21/2024 250,000.00 438123AC5 HAROT 2023-4 A3 5.67% 6/21/2028 1,181.254/22/2024 4/22/2024 650,000.00 949746RW3 WELLS FARGO & CO CORP NOTES 3.00% 4/22/2026 9,750.004/25/2024 4/25/2024 325,644.65 05602RAD3 BMWOT 2022-A A3 3.21% 8/25/2026 871.104/25/2024 4/25/2024 245,000.00 05592XAD2 BMWOT 2023-A A3 5.47% 2/25/2028 1,116.794/26/2024 4/26/2024 700,000.00 46647PCZ7 JPMORGAN CHASE & CO (CALLABLE) CORPORATE 4.08% 4/26/2026 14,280.004/28/2024 4/28/2024 475,000.00 693475BH7 PNC FINANCIAL SERVICES CORP NOTE (CALLAB 5.67% 10/28/2025 13,468.634/28/2024 4/28/2024 495,000.00 89788MAJ1 TRUIST FINANCIAL CORP NOTES (CALLABLE) 5.90% 10/28/2026 14,602.504/30/2024 4/30/2024 135,000.00 63743HFF4 NATIONAL RURAL UTIL COOP CORPORATE NOTES 5.45% 10/30/2025 3,678.754/30/2024 5/2/2024 650,000.00 172967MT5 CITIGROUP INC CORP NOTES (CALLABLE) 6.01% 10/30/2024 9,914.595/1/2024 5/1/2024 MONEY0002 MONEY MARKET FUND 1,505.075/1/2024 5/1/2024 315,000.00 17252MAP5 CINTAS CORPORATION NO. 2 CORP NOTE (CALL 3.45% 5/1/2025 5,433.755/1/2024 5/1/2024 575,000.00 90327QD89 USAA CAPITAL CORP CORPORATE NOTES 3.37% 5/1/2025 9,703.135/1/2024 5/25/2024 1,124,472.23 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 3,513.985/1/2024 5/25/2024 833,224.45 3137BFE98 FHMS K041 A2 3.17% 10/1/2024 2,201.805/1/2024 5/25/2024 1,275,000.00 3137BRQJ7 FHMS K057 A2 2.57% 7/1/2026 2,730.635/1/2024 5/25/2024 450,000.00 3137BNGT5 FHMS K054 A2 2.74% 1/1/2026 1,029.38 44 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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)
INTEREST5/1/2024 5/25/2024 600,000.00 3137BM7C4 FHMS K052 A1 3.30% 9/1/2025 1,654.005/1/2024 5/25/2024 750,000.00 3137BSP72 FHMS K058 A2 2.65% 8/1/2026 1,658.135/1/2024 5/25/2024 1,349,722.22 3137BHXJ1 FHMS K045 A2 3.02% 1/1/2025 3,400.185/1/2024 5/25/2024 1,025,000.00 3137BN6G4 FHMS K053 A2 2.99% 12/1/2025 2,558.235/1/2024 5/25/2024 672,941.95 3136ARTE8 FNA 2016-M3 A2 2.70% 2/1/2026 1,515.245/1/2024 5/25/2024 515,182.79 3137BTUM1 FHMS K061 A2 3.34% 11/1/2026 1,436.935/1/2024 5/25/2024 999,391.12 3137BKRJ1 FHMS K047 A2 3.32% 5/1/2025 2,772.485/1/2024 5/25/2024 600,000.00 3137BVZ82 FHMS K063 A2 3.43% 1/1/2027 1,715.005/1/2024 5/25/2024 700,000.00 3137FLN34 FHMS K734 A2 3.20% 2/1/2026 1,871.335/1/2024 5/25/2024 1,449,557.72 3137BLMZ8 FHLMC SERIES K049 A2 3.01% 7/1/2025 3,635.975/1/2024 5/25/2024 1,250,000.00 3137BSRE5 FHMS K059 A2 3.12% 9/1/2026 3,250.005/1/2024 5/25/2024 800,000.00 3137FNWX4 FHMS K736 A2 2.28% 7/1/2026 1,521.335/1/2024 5/25/2024 650,000.00 3137F1G44 FHLMC MULTIFAMILY STRUCTURED P 3.24% 4/1/2027 1,756.635/1/2024 5/25/2024 848,825.62 3137BJP64 FHMS K046 A2 3.20% 3/1/2025 2,267.075/3/2024 5/3/2024 1,425,000.00 65558UYF3 NORDEA BANK ABP NEW YORK CERT DEPOS 5.53% 11/3/2025 39,401.255/4/2024 5/4/2024 205,000.00 857477BX0 STATE STREET CORP NOTES (CALLABLE) 5.75% 11/4/2026 5,894.785/7/2024 5/7/2024 135,000.00 20030NDZ1 COMCAST CORP CORPORATE NOTES 5.25% 11/7/2025 3,543.75 45 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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)
INTEREST5/13/2024 5/13/2024 200,000.00 63743HFK3 NATIONAL RURAL COOP CORPORATE NOTES (CAL 5.60% 11/13/2026 5,942.225/13/2024 5/13/2024 765,000.00 771196CE0 ROCHE HOLDINGS INC CORP NOTE (CALLABLE) 5.26% 11/13/2026 20,138.635/13/2024 5/13/2024 150,000.00 14913R2V8 CATERPILLAR FINL SERVICE CORPORATE NOTES 3.40% 5/13/2025 2,550.005/15/2024 5/15/2024 1,085,000.00 161571HV9 CHAIT 2024-A1 A 4.60% 1/15/2027 4,159.175/15/2024 5/15/2024 459,919.77 14317HAC5 CARMX 2022-2 A3 3.49% 2/16/2027 1,337.605/15/2024 5/15/2024 790,000.00 31680EAD3 FITAT 2023-1 A3 5.53% 8/15/2028 3,640.585/15/2024 5/15/2024 895,000.00 14041NFY2 COMET 2021-A3 A3 1.04% 11/15/2026 775.675/15/2024 5/15/2024 260,000.00 89231CAD9 TAOT 2022-C A3 3.76% 4/15/2027 814.675/15/2024 5/15/2024 920,000.00 254683CW3 DCENT 2022-A3 A3 3.56% 7/15/2027 2,729.335/15/2024 5/15/2024 32,786.39 14316NAC3 CARMX 2021-1 A3 0.34% 12/15/2025 9.295/15/2024 5/15/2024 415,000.00 344930AD4 FORDO 2023-B A3 5.23% 5/15/2028 1,808.715/15/2024 5/15/2024 380,000.00 02582JJZ4 AMXCA 2023-1 A 4.87% 5/15/2028 1,542.175/15/2024 5/15/2024 422,294.07 14043QAC6 COPAR 2022-1 A3 3.17% 4/15/2027 1,115.565/15/2024 5/15/2024 590,000.00 891941AD8 TAOT 2023-B A3 4.71% 2/15/2028 2,315.755/15/2024 5/15/2024 495,000.00 41285JAD0 HDMOT 2023-A A3 5.05% 12/15/2027 2,083.135/15/2024 5/15/2024 240,000.00 44918CAD4 HART 2023-C A3 5.54% 10/16/2028 1,108.005/15/2024 5/15/2024 895,000.00 14318UAD3 CARMX 2022-4 A3 5.34% 8/16/2027 3,982.75 46 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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)
INTEREST5/15/2024 5/15/2024 229,201.71 14044CAC6 COPAR 2021-1 A3 0.77% 9/15/2026 147.075/15/2024 5/15/2024 460,000.00 254683CY9 DCENT 2023-A1 A 4.31% 3/15/2028 1,652.175/15/2024 5/15/2024 425,000.00 14041NGA3 COMET 2022-A2 A 3.49% 5/15/2027 1,236.045/15/2024 5/15/2024 245,000.00 05522RDG0 BACCT 2023-A1 A1 4.79% 5/15/2028 977.965/15/2024 5/15/2024 720,000.00 50117JAC7 KCOT 2022-2A A3 4.09% 12/15/2026 2,454.005/15/2024 5/15/2024 390,000.00 500945AC4 KCOT 2023-2A A3 5.28% 1/18/2028 1,716.005/15/2024 5/15/2024 221,822.78 89238JAC9 TAOT 2021-D A3 0.71% 4/15/2026 131.255/15/2024 5/15/2024 385,763.04 14317DAC4 CARMX 2021-3 A3 0.55% 6/15/2026 176.815/15/2024 5/15/2024 35,969.63 44933LAC7 HART 2021-A A3 0.38% 9/15/2025 11.395/15/2024 5/15/2024 265,000.00 05522RDH8 BACCT 2023-A2 A2 4.98% 11/15/2028 1,099.755/15/2024 5/15/2024 405,000.00 254683CP8 DCENT 2021-A1 A1 0.58% 9/15/2026 195.755/15/2024 5/15/2024 365,000.00 437927AC0 HAROT 2023-2 A3 4.93% 11/15/2027 1,499.545/15/2024 5/15/2024 10,979.52 14316HAC6 CARMX 2020-4 A3 0.50% 8/15/2025 4.575/15/2024 5/15/2024 75,000.00 91282CFW6 US TREASURY NOTES 4.50% 11/15/2025 1,687.505/15/2024 5/15/2024 241,533.43 50117XAE2 KCOT 2021-2A A3 0.56% 11/17/2025 112.725/15/2024 5/15/2024 1,090,000.00 02582JJT8 AMXCA 2022-2 A 3.39% 5/17/2027 3,079.255/15/2024 5/15/2024 775,000.00 14318MAD1 CARMX 2022-3 A3 3.97% 4/15/2027 2,563.96 47 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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)
INTEREST5/15/2024 5/15/2024 604,921.95 448977AD0 HART 2022-A A3 2.22% 10/15/2026 1,119.115/15/2024 5/15/2024 344,694.56 89238FAD5 TAOT 2022-B A3 2.93% 9/15/2026 841.635/15/2024 5/15/2024 200,000.00 89239FAD4 TAOT 2023-D A3 5.54% 8/15/2028 923.335/15/2024 5/15/2024 265,000.00 58770AAC7 MBART 2023-1 A3 4.51% 11/15/2027 995.965/15/2024 5/15/2024 88,022.01 50117TAC5 KCOT 2021-1A A3 0.62% 8/15/2025 45.485/15/2024 5/15/2024 380,000.00 344928AD8 FORDO 2023-A A3 4.65% 2/15/2028 1,472.505/15/2024 5/15/2024 115,269.88 14314QAC8 CARMX 2021-2 A3 0.52% 2/17/2026 49.955/15/2024 5/15/2024 157,749.79 44935FAD6 HART 2021-C A3 0.74% 5/15/2026 97.285/15/2024 5/15/2024 85,117.51 345286AC2 FORDO 2022-A A3 1.29% 6/15/2026 91.505/15/2024 5/15/2024 405,000.00 50117BAC4 KCOT 2024-1A A3 5.19% 7/17/2028 1,751.635/15/2024 5/15/2024 4,500,000.00 91282CHB0 US TREASURY NOTES 3.62% 5/15/2026 81,562.505/15/2024 5/15/2024 1,125,000.00 02008MAC3 ALLYA 2022-2 A3 4.76% 5/17/2027 4,462.505/15/2024 5/15/2024 470,000.00 65480JAC4 NAROT 2022-B A3 4.46% 5/17/2027 1,746.835/15/2024 5/15/2024 1,180,000.00 58768PAC8 MBART 2022-1 A3 5.21% 8/16/2027 5,123.175/15/2024 5/15/2024 466,926.85 44918MAD2 HART 2022-B A3 3.72% 11/16/2026 1,447.475/15/2024 5/15/2024 1,100,000.00 14041NFZ9 COMET 2022-A1 A1 2.80% 3/15/2027 2,566.675/15/2024 5/15/2024 264,136.80 43815BAC4 HAROT 2022-1 A3 1.88% 5/15/2026 413.81 48 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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)
INTEREST5/15/2024 5/15/2024 8,400,000.00 91282CJK8 US TREASURY N/B NOTES 4.62% 11/15/2026 194,250.005/15/2024 5/15/2024 726,217.70 50117EAC8 KCOT 2022-1A A3 2.67% 10/15/2026 1,615.835/15/2024 5/15/2024 266,182.31 98163KAC6 WOART 2021-D A3 0.81% 10/15/2026 179.675/15/2024 5/15/2024 510,000.00 50117KAC4 KCOT 2023-1A A3 5.02% 6/15/2027 2,133.505/15/2024 5/15/2024 440,000.00 14043GAD6 COPAR 2022-2 A3 3.66% 5/17/2027 1,342.005/15/2024 5/15/2024 509,694.73 41284YAD8 HDMOT 2022-A A3 3.06% 2/15/2027 1,299.725/15/2024 5/15/2024 390,000.00 06428AAC2 BAAT 2023-1A A3 5.53% 2/15/2028 1,797.255/15/2024 5/15/2024 515,000.00 02007WAC2 ALLYA 2023-1 A3 5.46% 5/15/2028 2,343.255/15/2024 5/15/2024 250,000.00 891940AC2 TAOT 2023-A A3 4.63% 9/15/2027 964.585/16/2024 5/16/2024 193,746.21 362554AC1 GMCAR 2021-4 A3 0.68% 9/16/2026 109.795/16/2024 5/16/2024 310,000.00 379931AD0 GMCAR 2024-2 A3 5.10% 3/16/2029 1,581.005/16/2024 5/16/2024 340,000.00 379930AD2 GMCAR 2023-4 A3 5.78% 8/16/2028 1,637.675/16/2024 5/16/2024 390,000.00 362583AD8 GMCAR 2023-2 A3 4.47% 2/16/2028 1,452.755/16/2024 5/16/2024 470,000.00 36265WAD5 GMCAR 2022-3 A3 3.64% 4/16/2027 1,425.675/16/2024 5/16/2024 500,000.00 38145GAH3 GOLDMAN SACHS GROUP INC CORP NOTES (CALL 3.50% 11/16/2026 8,750.005/16/2024 5/16/2024 312,231.71 362585AC5 GMCAR 2022-2 A3 3.10% 2/16/2027 806.605/16/2024 5/16/2024 206,333.54 380146AC4 GMCAR 2022-1 A3 1.26% 11/16/2026 216.65 49 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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)
INTEREST5/18/2024 5/18/2024 495,000.00 89236TKT1 TOYOTA MOTOR CREDIT CORP CORP NOTES 4.45% 5/18/2026 11,013.755/20/2024 5/20/2024 266,322.33 92868KAC7 VALET 2021-1 A3 1.02% 6/22/2026 226.375/20/2024 5/20/2024 126,301.15 92868AAC9 VWALT 2022-A A3 3.44% 7/21/2025 362.065/21/2024 5/21/2024 250,000.00 438123AC5 HAROT 2023-4 A3 5.67% 6/21/2028 1,181.255/21/2024 5/21/2024 212,587.41 43815GAC3 HAROT 2021-4 A3 0.88% 1/21/2026 155.905/25/2024 5/25/2024 245,000.00 05592XAD2 BMWOT 2023-A A3 5.47% 2/25/2028 1,116.795/25/2024 5/25/2024 301,757.18 05602RAD3 BMWOT 2022-A A3 3.21% 8/25/2026 807.206/1/2024 6/1/2024 550,000.00 369550BN7 GENERAL DYNAMICS CORP NOTES (CALLABLE) 1.15% 6/1/2026 3,162.506/1/2024 6/25/2024 1,250,000.00 3137BSRE5 FHMS K059 A2 3.12% 9/1/2026 3,250.006/1/2024 6/25/2024 450,000.00 3137BNGT5 FHMS K054 A2 2.74% 1/1/2026 1,029.386/1/2024 6/25/2024 1,025,000.00 3137BN6G4 FHMS K053 A2 2.99% 12/1/2025 2,558.236/1/2024 6/25/2024 800,000.00 3137FNWX4 FHMS K736 A2 2.28% 7/1/2026 1,521.336/1/2024 6/25/2024 750,000.00 3137BSP72 FHMS K058 A2 2.65% 8/1/2026 1,658.136/1/2024 6/25/2024 1,117,846.81 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 3,493.276/1/2024 6/25/2024 650,000.00 3137F1G44 FHLMC MULTIFAMILY STRUCTURED P 3.24% 4/1/2027 1,756.636/1/2024 6/25/2024 600,000.00 3137BM7C4 FHMS K052 A1 3.30% 9/1/2025 1,654.006/1/2024 6/25/2024 514,133.16 3137BTUM1 FHMS K061 A2 3.34% 11/1/2026 1,434.00 50 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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)
INTEREST6/1/2024 6/25/2024 1,275,000.00 3137BRQJ7 FHMS K057 A2 2.57% 7/1/2026 2,730.636/1/2024 6/25/2024 847,214.99 3137BJP64 FHMS K046 A2 3.20% 3/1/2025 2,262.776/1/2024 6/25/2024 820,105.11 3137BFE98 FHMS K041 A2 3.17% 10/1/2024 2,167.136/1/2024 6/25/2024 1,446,592.82 3137BLMZ8 FHLMC SERIES K049 A2 3.01% 7/1/2025 3,628.546/1/2024 6/25/2024 700,000.00 3137FLN34 FHMS K734 A2 3.20% 2/1/2026 1,871.336/1/2024 6/25/2024 997,312.91 3137BKRJ1 FHMS K047 A2 3.32% 5/1/2025 2,766.716/1/2024 6/25/2024 1,347,144.44 3137BHXJ1 FHMS K045 A2 3.02% 1/1/2025 3,393.686/1/2024 6/25/2024 600,000.00 3137BVZ82 FHMS K063 A2 3.43% 1/1/2027 1,715.006/1/2024 6/25/2024 671,859.81 3136ARTE8 FNA 2016-M3 A2 2.70% 2/1/2026 1,512.806/3/2024 6/3/2024 MONEY0002 MONEY MARKET FUND 2,148.966/4/2024 6/4/2024 430,000.00 17325FBC1 CITIBANK NA CORP NOTES (CALLABLE) 5.48% 12/4/2026 11,799.206/5/2024 6/5/2024 1,065,000.00 53522KAB9 LINDE INC/CT CORPORATE NOTES (CALLABLE) 4.70% 12/5/2025 25,027.506/6/2024 6/6/2024 1,000,000.00 06051GKE8 BANK OF AMERICA CORP NOTES (CALLABLE) 1.53% 12/6/2025 7,650.006/8/2024 6/8/2024 365,000.00 24422EWX3 JOHN DEERE CAPITAL CORP CORPORATE NOTES 4.75% 6/8/2026 8,668.756/8/2024 6/8/2024 595,000.00 05254JAA8 AUST & NZ BANKING GRP NY CORPORATE NOTES 5.08% 12/8/2025 15,136.806/8/2024 6/8/2024 215,000.00 17305EGW9 CCCIT 2023-A1 A1 5.23% 12/8/2027 5,528.556/8/2024 6/8/2024 500,000.00 48125LRU8 JP MORGAN CORP NOTES (CALLABLE) 5.11% 12/8/2026 12,775.00 51 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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)
INTEREST6/9/2024 6/9/2024 350,000.00 63254ABD9 NATIONAL AUSTRALIA BK/NY CORPORATE NOTES 3.50% 6/9/2025 6,125.006/11/2024 6/11/2024 750,000.00 94988J6F9 WELLS FARGO CORP NOTES (CALLABLE) 5.25% 12/11/2026 19,702.506/15/2024 6/15/2024 470,000.00 65480JAC4 NAROT 2022-B A3 4.46% 5/17/2027 1,746.836/15/2024 6/15/2024 1,180,000.00 58768PAC8 MBART 2022-1 A3 5.21% 8/16/2027 5,123.176/15/2024 6/15/2024 210,425.63 14044CAC6 COPAR 2021-1 A3 0.77% 9/15/2026 135.026/15/2024 6/15/2024 245,000.00 05522RDG0 BACCT 2023-A1 A1 4.79% 5/15/2028 977.966/15/2024 6/15/2024 1,180,000.00 65479UAD0 NAROT 2024-A A3 5.28% 12/15/2028 3,980.536/15/2024 6/15/2024 510,000.00 50117KAC4 KCOT 2023-1A A3 5.02% 6/15/2027 2,133.506/15/2024 6/15/2024 70,090.36 50117TAC5 KCOT 2021-1A A3 0.62% 8/15/2025 36.216/15/2024 6/15/2024 97,583.73 14314QAC8 CARMX 2021-2 A3 0.52% 2/17/2026 42.296/15/2024 6/15/2024 684,626.93 50117EAC8 KCOT 2022-1A A3 2.67% 10/15/2026 1,523.296/15/2024 6/15/2024 141,170.88 44935FAD6 HART 2021-C A3 0.74% 5/15/2026 87.066/15/2024 6/15/2024 495,000.00 41285JAD0 HDMOT 2023-A A3 5.05% 12/15/2027 2,083.136/15/2024 6/15/2024 755,026.44 14318MAD1 CARMX 2022-3 A3 3.97% 4/15/2027 2,497.886/15/2024 6/15/2024 430,742.55 14317HAC5 CARMX 2022-2 A3 3.49% 2/16/2027 1,252.746/15/2024 6/15/2024 790,000.00 31680EAD3 FITAT 2023-1 A3 5.53% 8/15/2028 3,640.586/15/2024 6/15/2024 260,000.00 89231CAD9 TAOT 2022-C A3 3.76% 4/15/2027 814.67 52 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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)
INTEREST6/15/2024 6/15/2024 515,000.00 02007WAC2 ALLYA 2023-1 A3 5.46% 5/15/2028 2,343.256/15/2024 6/15/2024 390,000.00 06428AAC2 BAAT 2023-1A A3 5.53% 2/15/2028 1,797.256/15/2024 6/15/2024 398,056.91 14043QAC6 COPAR 2022-1 A3 3.17% 4/15/2027 1,051.536/15/2024 6/15/2024 212,328.11 50117XAE2 KCOT 2021-2A A3 0.56% 11/17/2025 99.096/15/2024 6/15/2024 425,000.00 14041NGA3 COMET 2022-A2 A 3.49% 5/15/2027 1,236.046/15/2024 6/15/2024 440,000.00 14043GAD6 COPAR 2022-2 A3 3.66% 5/17/2027 1,342.006/15/2024 6/15/2024 243,394.85 43815BAC4 HAROT 2022-1 A3 1.88% 5/15/2026 381.326/15/2024 6/15/2024 436,872.94 44918MAD2 HART 2022-B A3 3.72% 11/16/2026 1,354.316/15/2024 6/15/2024 460,000.00 254683CY9 DCENT 2023-A1 A 4.31% 3/15/2028 1,652.176/15/2024 6/15/2024 265,000.00 05522RDH8 BACCT 2023-A2 A2 4.98% 11/15/2028 1,099.756/15/2024 6/15/2024 201,060.01 89238JAC9 TAOT 2021-D A3 0.71% 4/15/2026 118.966/15/2024 6/15/2024 895,000.00 14318UAD3 CARMX 2022-4 A3 5.34% 8/16/2027 3,982.756/15/2024 6/15/2024 558,444.88 448977AD0 HART 2022-A A3 2.22% 10/15/2026 1,033.126/15/2024 6/15/2024 320,806.41 89238FAD5 TAOT 2022-B A3 2.93% 9/15/2026 783.306/15/2024 6/15/2024 365,000.00 437927AC0 HAROT 2023-2 A3 4.93% 11/15/2027 1,499.546/15/2024 6/15/2024 240,000.00 44918CAD4 HART 2023-C A3 5.54% 10/16/2028 1,108.006/15/2024 6/15/2024 1,085,000.00 161571HV9 CHAIT 2024-A1 A 4.60% 1/15/2027 4,159.17 53 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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)
INTEREST6/15/2024 6/15/2024 351,762.16 14317DAC4 CARMX 2021-3 A3 0.55% 6/15/2026 161.226/15/2024 6/15/2024 380,000.00 02582JJZ4 AMXCA 2023-1 A 4.87% 5/15/2028 1,542.176/15/2024 6/15/2024 242,007.97 98163KAC6 WOART 2021-D A3 0.81% 10/15/2026 163.366/15/2024 6/15/2024 415,000.00 344930AD4 FORDO 2023-B A3 5.23% 5/15/2028 1,808.716/15/2024 6/15/2024 145,000.00 63743HFE7 NATIONAL RURAL UTIL COOP CORPORATE NOTES 3.45% 6/15/2025 2,501.256/15/2024 6/15/2024 200,000.00 89239FAD4 TAOT 2023-D A3 5.54% 8/15/2028 923.336/15/2024 6/15/2024 170,000.00 09709AAC6 BAAT 2024-1A A3 5.35% 11/15/2028 581.076/15/2024 6/15/2024 77,326.72 345286AC2 FORDO 2022-A A3 1.29% 6/15/2026 83.136/15/2024 6/15/2024 4,000,000.00 91282CJP7 US TREASURY N/B NOTES 4.37% 12/15/2026 87,500.006/15/2024 6/15/2024 720,000.00 50117JAC7 KCOT 2022-2A A3 4.09% 12/15/2026 2,454.006/15/2024 6/15/2024 380,000.00 344928AD8 FORDO 2023-A A3 4.65% 2/15/2028 1,472.506/15/2024 6/15/2024 1,090,000.00 02582JJT8 AMXCA 2022-2 A 3.39% 5/17/2027 3,079.256/15/2024 6/15/2024 25,637.49 14316NAC3 CARMX 2021-1 A3 0.34% 12/15/2025 7.266/15/2024 6/15/2024 265,000.00 58770AAC7 MBART 2023-1 A3 4.51% 11/15/2027 995.966/15/2024 6/15/2024 4,000,000.00 91282CHH7 US TREASURY NOTES 4.12% 6/15/2026 82,500.006/15/2024 6/15/2024 468,957.51 41284YAD8 HDMOT 2022-A A3 3.06% 2/15/2027 1,195.846/15/2024 6/15/2024 405,000.00 50117BAC4 KCOT 2024-1A A3 5.19% 7/17/2028 1,751.63 54 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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)
INTEREST6/15/2024 6/15/2024 23,023.14 44933LAC7 HART 2021-A A3 0.38% 9/15/2025 7.296/15/2024 6/15/2024 920,000.00 254683CW3 DCENT 2022-A3 A3 3.56% 7/15/2027 2,729.336/15/2024 6/15/2024 250,000.00 891940AC2 TAOT 2023-A A3 4.63% 9/15/2027 964.586/15/2024 6/15/2024 1,125,000.00 02008MAC3 ALLYA 2022-2 A3 4.76% 5/17/2027 4,462.506/15/2024 6/15/2024 390,000.00 500945AC4 KCOT 2023-2A A3 5.28% 1/18/2028 1,716.006/15/2024 6/15/2024 590,000.00 891941AD8 TAOT 2023-B A3 4.71% 2/15/2028 2,315.756/16/2024 6/16/2024 190,629.13 380146AC4 GMCAR 2022-1 A3 1.26% 11/16/2026 200.166/16/2024 6/16/2024 292,999.09 362585AC5 GMCAR 2022-2 A3 3.10% 2/16/2027 756.916/16/2024 6/16/2024 340,000.00 379930AD2 GMCAR 2023-4 A3 5.78% 8/16/2028 1,637.676/16/2024 6/16/2024 390,000.00 362583AD8 GMCAR 2023-2 A3 4.47% 2/16/2028 1,452.756/16/2024 6/16/2024 310,000.00 379931AD0 GMCAR 2024-2 A3 5.10% 3/16/2029 1,317.506/16/2024 6/16/2024 177,220.64 362554AC1 GMCAR 2021-4 A3 0.68% 9/16/2026 100.436/16/2024 6/16/2024 470,000.00 36265WAD5 GMCAR 2022-3 A3 3.64% 4/16/2027 1,425.676/20/2024 6/20/2024 96,890.29 92868AAC9 VWALT 2022-A A3 3.44% 7/21/2025 277.756/20/2024 6/20/2024 238,295.36 92868KAC7 VALET 2021-1 A3 1.02% 6/22/2026 202.556/21/2024 6/21/2024 191,956.00 43815GAC3 HAROT 2021-4 A3 0.88% 1/21/2026 140.776/21/2024 6/21/2024 250,000.00 438123AC5 HAROT 2023-4 A3 5.67% 6/21/2028 1,181.25 55 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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)
INTEREST6/25/2024 6/25/2024 245,000.00 05592XAD2 BMWOT 2023-A A3 5.47% 2/25/2028 1,116.796/25/2024 6/25/2024 278,478.95 05602RAD3 BMWOT 2022-A A3 3.21% 8/25/2026 744.93 Total INTEREST 176,795,105.95 1,292,670.20 0.00
MATURITY5/1/2024 5/1/2024 230,000.00 172967MX6 CITIGROUP INC CORPORATE NOTES (CALLED,OM 0.98% 5/1/2024 231,128.156/1/2024 6/1/2024 630,000.00 46647PCH7 JPMORGAN CHASE CORP NOTES (CALLED, OMD 6 0.82% 6/1/2024 632,595.60 Total MATURITY 860,000.00 863,723.75 0.00
PAYDOWNS4/1/2024 4/25/2024 2,439.13 3137BHXJ1 FHMS K045 A2 3.02% 1/1/2025 2,439.134/1/2024 4/25/2024 1,174.38 3137BJP64 FHMS K046 A2 3.20% 3/1/2025 1,174.384/1/2024 4/25/2024 2,025.25 3137FBTA4 FHLMC MULTIFAMILY STRUCTURED POOL 3.06% 8/1/2024 2,025.254/1/2024 4/25/2024 256.93 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 256.934/1/2024 4/25/2024 51,662.94 3136ARTE8 FNA 2016-M3 A2 2.70% 2/1/2026 51,662.944/1/2024 4/25/2024 1,883.77 3137BFE98 FHMS K041 A2 3.17% 10/1/2024 1,883.774/1/2024 4/25/2024 34,505.13 3137BEVH4 FHLMC MULTIFAMILY STRUCTURED P 3.24% 9/1/2024 34,505.134/1/2024 4/25/2024 442.28 3137BLMZ8 FHLMC SERIES K049 A2 3.01% 7/1/2025 442.284/1/2024 4/25/2024 608.88 3137BKRJ1 FHMS K047 A2 3.32% 5/1/2025 608.88 56 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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)
PAYDOWNS4/1/2024 4/25/2024 983.94 3137BTUM1 FHMS K061 A2 3.34% 11/1/2026 983.944/1/2024 4/25/2024 256.93 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 256.934/15/2024 4/15/2024 21,548.19 43815BAC4 HAROT 2022-1 A3 1.88% 5/15/2026 21,548.194/15/2024 4/15/2024 18,290.24 50117TAC5 KCOT 2021-1A A3 0.62% 8/15/2025 18,290.244/15/2024 4/15/2024 30,370.33 14317HAC5 CARMX 2022-2 A3 3.49% 2/16/2027 30,370.334/15/2024 4/15/2024 20,203.20 14044CAC6 COPAR 2021-1 A3 0.77% 9/15/2026 20,203.204/15/2024 4/15/2024 29,578.06 50117XAE2 KCOT 2021-2A A3 0.56% 11/17/2025 29,578.064/15/2024 4/15/2024 36,094.33 14317DAC4 CARMX 2021-3 A3 0.55% 6/15/2026 36,094.334/15/2024 4/15/2024 38,782.30 50117EAC8 KCOT 2022-1A A3 2.67% 10/15/2026 38,782.304/15/2024 4/15/2024 7,440.39 345286AC2 FORDO 2022-A A3 1.29% 6/15/2026 7,440.394/15/2024 4/15/2024 17,875.71 44935FAD6 HART 2021-C A3 0.74% 5/15/2026 17,875.714/15/2024 4/15/2024 3,073.15 44918MAD2 HART 2022-B A3 3.72% 11/16/2026 3,073.154/15/2024 4/15/2024 18,768.31 14314QAC8 CARMX 2021-2 A3 0.52% 2/17/2026 18,768.314/15/2024 4/15/2024 7,662.76 14316NAC3 CARMX 2021-1 A3 0.34% 12/15/2025 7,662.764/15/2024 4/15/2024 13,701.35 44933LAC7 HART 2021-A A3 0.38% 9/15/2025 13,701.354/15/2024 4/15/2024 25,364.74 14043QAC6 COPAR 2022-1 A3 3.17% 4/15/2027 25,364.744/15/2024 4/15/2024 44,843.36 41284YAD8 HDMOT 2022-A A3 3.06% 2/15/2027 44,843.36 57 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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)
PAYDOWNS4/15/2024 4/15/2024 12,600.69 14316HAC6 CARMX 2020-4 A3 0.50% 8/15/2025 12,600.694/15/2024 4/15/2024 21,284.80 89238JAC9 TAOT 2021-D A3 0.71% 4/15/2026 21,284.804/15/2024 4/15/2024 23,410.65 98163KAC6 WOART 2021-D A3 0.81% 10/15/2026 23,410.654/15/2024 4/15/2024 47,829.80 448977AD0 HART 2022-A A3 2.22% 10/15/2026 47,829.804/15/2024 4/15/2024 1,914.03 50117EAB0 KCOT 2022-1A A2 2.34% 4/15/2025 1,914.034/15/2024 4/15/2024 23,803.58 89238FAD5 TAOT 2022-B A3 2.93% 9/15/2026 23,803.584/16/2024 4/16/2024 16,570.57 362554AC1 GMCAR 2021-4 A3 0.68% 9/16/2026 16,570.574/16/2024 4/16/2024 20,000.82 362585AC5 GMCAR 2022-2 A3 3.10% 2/16/2027 20,000.824/16/2024 4/16/2024 16,818.72 380146AC4 GMCAR 2022-1 A3 1.26% 11/16/2026 16,818.724/20/2024 4/20/2024 25,995.45 92868AAC9 VWALT 2022-A A3 3.44% 7/21/2025 25,995.454/20/2024 4/20/2024 27,368.69 92868KAC7 VALET 2021-1 A3 1.02% 6/22/2026 27,368.694/21/2024 4/21/2024 21,052.44 43815GAC3 HAROT 2021-4 A3 0.88% 1/21/2026 21,052.444/25/2024 4/25/2024 23,887.47 05602RAD3 BMWOT 2022-A A3 3.21% 8/25/2026 23,887.475/1/2024 5/25/2024 1,049.63 3137BTUM1 FHMS K061 A2 3.34% 11/1/2026 1,049.635/1/2024 5/25/2024 3,312.71 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 3,312.715/1/2024 5/25/2024 3,312.71 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 3,312.715/1/2024 5/25/2024 2,078.21 3137BKRJ1 FHMS K047 A2 3.32% 5/1/2025 2,078.21 58 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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)
PAYDOWNS5/1/2024 5/25/2024 1,082.14 3136ARTE8 FNA 2016-M3 A2 2.70% 2/1/2026 1,082.145/1/2024 5/25/2024 13,119.34 3137BFE98 FHMS K041 A2 3.17% 10/1/2024 13,119.345/1/2024 5/25/2024 2,964.90 3137BLMZ8 FHLMC SERIES K049 A2 3.01% 7/1/2025 2,964.905/1/2024 5/25/2024 1,610.63 3137BJP64 FHMS K046 A2 3.20% 3/1/2025 1,610.635/1/2024 5/25/2024 2,577.78 3137BHXJ1 FHMS K045 A2 3.02% 1/1/2025 2,577.785/15/2024 5/15/2024 17,686.15 14314QAC8 CARMX 2021-2 A3 0.52% 2/17/2026 17,686.155/15/2024 5/15/2024 41,590.77 50117EAC8 KCOT 2022-1A A3 2.67% 10/15/2026 41,590.775/15/2024 5/15/2024 24,237.16 14043QAC6 COPAR 2022-1 A3 3.17% 4/15/2027 24,237.165/15/2024 5/15/2024 18,776.08 14044CAC6 COPAR 2021-1 A3 0.77% 9/15/2026 18,776.085/15/2024 5/15/2024 34,000.88 14317DAC4 CARMX 2021-3 A3 0.55% 6/15/2026 34,000.885/15/2024 5/15/2024 10,979.52 14316HAC6 CARMX 2020-4 A3 0.50% 8/15/2025 10,979.525/15/2024 5/15/2024 29,205.32 50117XAE2 KCOT 2021-2A A3 0.56% 11/17/2025 29,205.325/15/2024 5/15/2024 19,973.56 14318MAD1 CARMX 2022-3 A3 3.97% 4/15/2027 19,973.565/15/2024 5/15/2024 46,477.07 448977AD0 HART 2022-A A3 2.22% 10/15/2026 46,477.075/15/2024 5/15/2024 29,177.22 14317HAC5 CARMX 2022-2 A3 3.49% 2/16/2027 29,177.225/15/2024 5/15/2024 30,053.91 44918MAD2 HART 2022-B A3 3.72% 11/16/2026 30,053.915/15/2024 5/15/2024 16,578.91 44935FAD6 HART 2021-C A3 0.74% 5/15/2026 16,578.91 59 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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)
PAYDOWNS5/15/2024 5/15/2024 17,931.65 50117TAC5 KCOT 2021-1A A3 0.62% 8/15/2025 17,931.655/15/2024 5/15/2024 40,737.22 41284YAD8 HDMOT 2022-A A3 3.06% 2/15/2027 40,737.225/15/2024 5/15/2024 24,174.34 98163KAC6 WOART 2021-D A3 0.81% 10/15/2026 24,174.345/15/2024 5/15/2024 23,888.15 89238FAD5 TAOT 2022-B A3 2.93% 9/15/2026 23,888.155/15/2024 5/15/2024 20,741.95 43815BAC4 HAROT 2022-1 A3 1.88% 5/15/2026 20,741.955/15/2024 5/15/2024 7,790.79 345286AC2 FORDO 2022-A A3 1.29% 6/15/2026 7,790.795/15/2024 5/15/2024 12,946.49 44933LAC7 HART 2021-A A3 0.38% 9/15/2025 12,946.495/15/2024 5/15/2024 20,762.77 89238JAC9 TAOT 2021-D A3 0.71% 4/15/2026 20,762.775/15/2024 5/15/2024 7,148.90 14316NAC3 CARMX 2021-1 A3 0.34% 12/15/2025 7,148.905/16/2024 5/16/2024 15,704.41 380146AC4 GMCAR 2022-1 A3 1.26% 11/16/2026 15,704.415/16/2024 5/16/2024 19,232.62 362585AC5 GMCAR 2022-2 A3 3.10% 2/16/2027 19,232.625/16/2024 5/16/2024 16,525.57 362554AC1 GMCAR 2021-4 A3 0.68% 9/16/2026 16,525.575/20/2024 5/20/2024 28,026.97 92868KAC7 VALET 2021-1 A3 1.02% 6/22/2026 28,026.975/20/2024 5/20/2024 29,410.86 92868AAC9 VWALT 2022-A A3 3.44% 7/21/2025 29,410.865/21/2024 5/21/2024 20,631.41 43815GAC3 HAROT 2021-4 A3 0.88% 1/21/2026 20,631.415/25/2024 5/25/2024 23,278.23 05602RAD3 BMWOT 2022-A A3 3.21% 8/25/2026 23,278.236/1/2024 6/25/2024 1,012.26 3136ARTE8 FNA 2016-M3 A2 2.70% 2/1/2026 1,012.26 60 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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)
PAYDOWNS6/1/2024 6/25/2024 1,976.15 3137BKRJ1 FHMS K047 A2 3.32% 5/1/2025 1,976.156/1/2024 6/25/2024 980.58 3137BTUM1 FHMS K061 A2 3.34% 11/1/2026 980.586/1/2024 6/25/2024 2,455.89 3137BHXJ1 FHMS K045 A2 3.02% 1/1/2025 2,455.896/1/2024 6/25/2024 2,816.64 3137BLMZ8 FHLMC SERIES K049 A2 3.01% 7/1/2025 2,816.646/1/2024 6/25/2024 15,429.72 3137BFE98 FHMS K041 A2 3.17% 10/1/2024 15,429.726/1/2024 6/25/2024 248.03 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 248.02 0.016/1/2024 6/25/2024 248.03 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 248.036/1/2024 6/25/2024 1,531.96 3137BJP64 FHMS K046 A2 3.20% 3/1/2025 1,531.966/15/2024 6/15/2024 18,838.98 14044CAC6 COPAR 2021-1 A3 0.77% 9/15/2026 18,838.986/15/2024 6/15/2024 31,152.27 44918MAD2 HART 2022-B A3 3.72% 11/16/2026 31,152.276/15/2024 6/15/2024 16,427.47 44935FAD6 HART 2021-C A3 0.74% 5/15/2026 16,427.476/15/2024 6/15/2024 20,485.39 43815BAC4 HAROT 2022-1 A3 1.88% 5/15/2026 20,485.396/15/2024 6/15/2024 61,518.83 02008MAC3 ALLYA 2022-2 A3 4.76% 5/17/2027 61,518.836/15/2024 6/15/2024 17,879.64 50117TAC5 KCOT 2021-1A A3 0.62% 8/15/2025 17,879.646/15/2024 6/15/2024 7,511.53 14316NAC3 CARMX 2021-1 A3 0.34% 12/15/2025 7,511.536/15/2024 6/15/2024 43,932.69 14318MAD1 CARMX 2022-3 A3 3.97% 4/15/2027 43,932.696/15/2024 6/15/2024 35,136.00 14317DAC4 CARMX 2021-3 A3 0.55% 6/15/2026 35,136.00 61 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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)
PAYDOWNS6/15/2024 6/15/2024 39,841.17 41284YAD8 HDMOT 2022-A A3 3.06% 2/15/2027 39,841.176/15/2024 6/15/2024 23,406.37 98163KAC6 WOART 2021-D A3 0.81% 10/15/2026 23,406.376/15/2024 6/15/2024 29,269.18 50117XAE2 KCOT 2021-2A A3 0.56% 11/17/2025 29,269.186/15/2024 6/15/2024 24,305.71 14043QAC6 COPAR 2022-1 A3 3.17% 4/15/2027 24,305.716/15/2024 6/15/2024 46,182.25 448977AD0 HART 2022-A A3 2.22% 10/15/2026 46,182.256/15/2024 6/15/2024 28,844.29 14317HAC5 CARMX 2022-2 A3 3.49% 2/16/2027 28,844.296/15/2024 6/15/2024 42,709.70 50117EAC8 KCOT 2022-1A A3 2.67% 10/15/2026 42,709.706/15/2024 6/15/2024 17,274.34 14314QAC8 CARMX 2021-2 A3 0.52% 2/17/2026 17,274.346/15/2024 6/15/2024 23,872.63 89238FAD5 TAOT 2022-B A3 2.93% 9/15/2026 23,872.636/15/2024 6/15/2024 19,966.12 89238JAC9 TAOT 2021-D A3 0.71% 4/15/2026 19,966.126/15/2024 6/15/2024 7,361.37 345286AC2 FORDO 2022-A A3 1.29% 6/15/2026 7,361.376/15/2024 6/15/2024 12,889.05 44933LAC7 HART 2021-A A3 0.38% 9/15/2025 12,889.056/16/2024 6/16/2024 16,204.50 362554AC1 GMCAR 2021-4 A3 0.68% 9/16/2026 16,204.506/16/2024 6/16/2024 19,296.23 362585AC5 GMCAR 2022-2 A3 3.10% 2/16/2027 19,296.236/16/2024 6/16/2024 20,720.59 36265WAD5 GMCAR 2022-3 A3 3.64% 4/16/2027 20,720.596/16/2024 6/16/2024 16,489.23 380146AC4 GMCAR 2022-1 A3 1.26% 11/16/2026 16,489.236/20/2024 6/20/2024 26,800.77 92868AAC9 VWALT 2022-A A3 3.44% 7/21/2025 26,800.77 62 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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)
PAYDOWNS6/20/2024 6/20/2024 27,094.89 92868KAC7 VALET 2021-1 A3 1.02% 6/22/2026 27,094.896/21/2024 6/21/2024 20,138.55 43815GAC3 HAROT 2021-4 A3 0.88% 1/21/2026 20,138.556/25/2024 6/25/2024 23,369.80 05602RAD3 BMWOT 2022-A A3 3.21% 8/25/2026 23,369.80 Total PAYDOWNS 2,156,769.42 2,156,769.41 0.01
SELL4/2/2024 4/2/2024 1,200,608.14 3137FBTA4 FHLMC MULTIFAMILY STRUCTURED POOL 3.06% 8/1/2024 1,189,385.99 -11,874.204/2/2024 4/4/2024 100,000.00 91282CEU1 US TREASURY NOTES 2.87% 6/15/2025 98,453.96 -2,365.324/2/2024 4/5/2024 965,494.87 3137BEVH4 FHLMC MULTIFAMILY STRUCTURED P 3.24% 9/1/2024 956,112.18 -5,941.974/5/2024 4/5/2024 5,000.00 91282CEY3 US TREASURY NOTES 3.00% 7/15/2025 4,915.80 -113.934/5/2024 4/8/2024 600,000.00 91282CEU1 US TREASURY NOTES 2.87% 6/15/2025 591,498.21 -13,608.884/5/2024 4/8/2024 800,000.00 91282CEY3 US TREASURY NOTES 3.00% 7/15/2025 787,163.46 -17,794.634/8/2024 4/8/2024 120,000.00 91282CEY3 US TREASURY NOTES 3.00% 7/15/2025 117,943.27 -2,800.454/10/2024 4/10/2024 325,000.00 91282CEY3 US TREASURY NOTES 3.00% 7/15/2025 319,648.30 -7,420.514/12/2024 4/15/2024 700,000.00 91282CFW6 US TREASURY NOTES 4.50% 11/15/2025 707,657.76 -9,229.094/12/2024 4/15/2024 300,000.00 91282CFW6 US TREASURY NOTES 4.50% 11/15/2025 303,281.89 -4,344.004/12/2024 4/15/2024 225,000.00 91282CEY3 US TREASURY NOTES 3.00% 7/15/2025 221,044.92 -5,481.824/15/2024 4/15/2024 75,000.00 91282CFW6 US TREASURY NOTES 4.50% 11/15/2025 75,723.79 -1,182.68 63 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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)
SELL5/10/2024 5/13/2024 825,000.00 91282CFW6 US TREASURY NOTES 4.50% 11/15/2025 837,299.93 -11,262.615/13/2024 5/15/2024 405,000.00 254683CP8 DCENT 2021-A1 A1 0.58% 9/15/2026 398,228.91 -6,730.325/13/2024 5/15/2024 895,000.00 14041NFY2 COMET 2021-A3 A3 1.04% 11/15/2026 874,792.58 -20,145.185/20/2024 5/22/2024 265,000.00 641062BA1 NESTLE HOLDINGS INC CORP NOTE 4.00% 9/12/2025 263,385.56 -3,637.385/21/2024 5/22/2024 310,000.00 24422EWF2 JOHN DEERE CAPITAL CORP CORPORATE NOTES 3.40% 6/6/2025 309,041.41 -5,793.985/21/2024 5/22/2024 150,000.00 14913R2V8 CATERPILLAR FINL SERVICE CORPORATE NOTES 3.40% 5/13/2025 147,297.00 -2,768.625/21/2024 5/22/2024 750,000.00 21688AAS1 COOPERATIEVE RABOBANK UA CORPORATE 1.37% 1/10/2025 734,243.75 -19,048.715/31/2024 6/3/2024 75,000.00 91282CFW6 US TREASURY NOTES 4.50% 11/15/2025 74,602.96 -1,026.356/3/2024 6/4/2024 430,000.00 63254ABD9 NATIONAL AUSTRALIA BK/NY CORPORATE NOTES 3.50% 6/9/2025 429,528.67 -7,787.306/3/2024 6/3/2024 10,000.00 91282CGA3 US TREASURY NOTES 4.00% 12/15/2025 10,044.70 -129.456/10/2024 6/11/2024 240,000.00 539830BU2 LOCKHEED MARTIN CORP NOTES (CALLABLE) 4.95% 10/15/2025 240,883.20 -655.846/10/2024 6/11/2024 590,000.00 91282CGA3 US TREASURY NOTES 4.00% 12/15/2025 592,876.45 -7,924.886/10/2024 6/11/2024 575,000.00 90327QD89 USAA CAPITAL CORP CORPORATE NOTES 3.37% 5/1/2025 566,967.25 -9,620.186/10/2024 6/11/2024 1,100,000.00 14041NFZ9 COMET 2022-A1 A1 2.80% 3/15/2027 1,079,536.94 -22,641.386/10/2024 6/11/2024 575,000.00 69371RR73 PACCAR FINANCIAL CORP CORPORATE NOTES 2.85% 4/7/2025 566,258.08 -11,614.336/10/2024 6/11/2024 200,000.00 63743HFC1 NATIONAL RURAL UTIL COOP CORPORATE NOTES 1.87% 2/7/2025 196,493.67 -4,796.686/10/2024 6/11/2024 200,000.00 91282CGA3 US TREASURY NOTES 4.00% 12/15/2025 200,975.07 -2,406.92 64 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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. 66 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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 shown gross 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. 67 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 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. 68 © PFM Asset Management LLC pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2024
Appendix
|
Glossary
Repurchase Agreements: A holder of securities sells these securities to an investor with an agreement to repurchase them at a fixed price on a fixed date.Settle Date: The date on which the transaction is settled and monies/securities are exchanged. If the settle date of the transaction (i.e., coupon payments andmaturity proceeds) occurs on a non-business day, the funds are exchanged on the next business day.Supranational: A multinational union or association in which member countries cede authority and sovereignty on at least some internal matters to the group, whosedecisions are binding on its members.Trade Date: The date on which the transaction occurred; however, the final consummation of the security transaction and payment has not yet taken place.Unsettled Trade: A trade which has been executed; however, the final consummation of the security transaction and payment has not yet taken place.U.S. Treasury: The department of the U.S. government that issues Treasury securities.Yield: The rate of return based on the current market value, the annual interest receipts, maturity value, and the time period remaining until maturity, stated as a percentage on an annualized basis.

YTM at Cost: The yield to maturity at cost is the expected rate of return based on the original cost, the annual interest receipts, maturity value, and the time periodfrom purchase date to maturity, stated as a percentage on an annualized basis.YTM at Market: The yield to maturity at market is the rate of return based on the current market value, the annual interest receipts, maturity value, and the timeperiod remaining until maturity, stated as a percentage on an annualized basis. 69

Manteca City CouncilAugust 20, 2024

Manteca City Council
August 20, 2024