Attachment 1 - Investment Report June 30, 2025 — Manteca City Council, August 19, 2025

Investment Performance Review
For the Quarter Ended June 30, 2025
Client Management Team PFM Asset Management A division of U.S. Bancorp Asset Management, Inc Monique Spyke, Managing Director
Allison Kaune, Relationship Manager
Justin Resuello, Client Relations Manager
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 | pfmam.com
Market Summary
Summary
• The second quarter of 2025 was characterized by growing uncertainty as markets reacted to the volatile rollout of tariffs that were larger than expected. Marketsreacted negatively during the first two weeks of the quarter and experienced thelargest declines since the onset of the COVID pandemic. The rest of the quarter wasmarked by equity and bond markets recovering to pre-tariff levels on constructivetrade negotiations and stable economic data. • Inflation remained relatively benign but is expected to increase in the second half of the year as tariff-related cost pressures begin to emerge. The timing, extent, andduration of these pressures are unknown. • The labor market remained healthy though early signs of cooling are emerging, such as rising initial jobless claims. Continuing claims have also increased, and a slowerhiring rate may mean any acceleration in layoffs could result in unemployed workersremaining without a job for longer. Federal job cuts are beginning to flow through thedata, but severance packages and deferred resignations have delayed the impact onclaims data. However, the reduced pace of population growth, particularly amongforeign-born workers, may suggest the economy needs fewer new jobs to keep theunemployment rate stable. • Consumer sentiment remains subdued due to expectations for higher prices and weaker labor market conditions as tariffs weigh on the pace of economic growth.However, there has been modest improvement from the April lows due to progresson tariff negotiations. A sharp labor market downturn remains the biggest threat toconsumer spending. • The Federal Reserve (Fed) left the overnight policy rate unchanged at 4.25% - 4.50%.

The Federal Open Market Committee’s (FOMC) “dot plot” continues to suggest 50basis points (bps) in rate cuts by the end of 2025, although there is a divergence ofviews as eight members are calling for two rate cuts in 2025 and seven are calling fornone. Fed Chair Powell noted the Fed would likely be in a position to begin cuttingrates again were it not for the unknown impact of tariffs, but the resilient economicdata supports the Fed’s wait-and-see approach.

Economic Snapshot• U.S. inflation moved marginally closer to the Fed’s 2% target, but tariff-driven price pressures may emerge as excess inventories built up before tariffs are depleted. FedChair Powell said that he expects tariffs to impact inflation, but the size, duration,and time of tariff effects are highly uncertain. The year-over-year change in theconsumer price index (CPI) stood at 2.4% while core CPI, which excludes the volatilefood and energy components, moved marginally lower but rounded to an unchanged2.8%. • U.S. real GDP turned negative in Q1 2025 mainly on the one-off effect of the trade deficit expanding to the highest level on record as businesses increased imports inadvance of tariffs. Strong inventories and higher fixed investment served as a bitof an offset, and a decline in the trade deficit is expected to reverse and support future growth. However, consumer spending slowed notably, which may foreshadow decreased spending and investment due to declining confidence going forward.

Interest Rates• The U.S. Treasuryyield curve steepened over the quarter.The front end of the yield curve moved lower amid expectationsfor Fed rate cuts while longer-dated tenors rose onconcerns regarding the longer-term impacts of the proposed federal reconciliation bill. • The 3-month Treasury was relatively unchanged given no rate cuts from the Fed while 2- and 5-year Treasuries fell by 15-16 bps to 3.72% and 3.80% respectively.In addition, the 2-year traded over a wide 60 basis point range during the quarter,highlighting the elevated volatility. The 10-year Treasury increased by 2 bps to4.23% while the 30-year Treasury increased by 16 basis points to 4.78% asinvestors demanded more yield to make investments further out the curve. • Short- and intermediate-duration U.S. Treasury indices generated positive total returns for the quarter. The ICE BofA 2-, 5-, and 10-year U.S. Treasury indicesreturned 1.11%, 1.66%, and 0.98% for the quarter, while the shorter-duration ICEBofA 3-month U.S. Treasury index returned 1.04%.

Sector Performance• Excess returns were strong across investment grade sectors as the spread widening experienced in April reversed following trade news and resilient economic data. • Federal Agency & supranational spreads remained low throughout Q2. Both sectors produced slightly positive excess returns for the quarter. Issuance remained light andthe incremental income from the sectors is near zero. • Investment-grade (IG) corporate bond spreads spiked early in the quarter on tariff announcements, but as external stressors eased much of the widening retraced.Demand for new issuance remains strong while net issuance is predicted to decreaseover the balance of the year. Lower-quality issuers outperformed as did banks andother financials. • Asset-backed securities (ABS) spreads retraced over quarter, but to a lesser degree than most other sectors. ABS showed the impact of the slower decrease in spreadsby posting more modest excess returns over the quarter. We expect the sector tocontinue generating value from carry going forward. • Mortgage-backed securities (MBS) performance was strong across all structures and coupons as rate volatility moderated over the quarter. Likewise, Agency-backedcommercial MBS (CMBS) also posted strong performance for the quarter and sawpositive excess returns. • Short-term credit (commercial paper and negotiable bank CDs) yields on the front end of the yield curve rose slightly in response to the approaching Treasury “X-Date”(estimated date for Treasury to exhaust funds under the debt ceiling) while yields fellmodestly on the long end as demand shifted into longer-term Treasury notes. Yieldspreads tightened over the quarter in response to moderated issuance and strongdemand.

City of Manteca
For the Quarter Ended June 30, 2025
Market Summary
PFM Asset Management | pfmam.com
1 Economic Snapshot

1.Data as of Fourth Quarter 2024.2.Data as of First Quarter 2024.Note: YoY = year-over-year, QoQ = quarter-over-quarter, SAAR = seasonally adjusted annual rate, WTI = West Texas Intermediate crude oil.

Source: Bloomberg Financial L.P.

Labor Market Mar '25 Jun '24
Unemployment Rate Jun'25 4.1% 4.2% 4.1%
Change In Non-Farm Payrolls Jun'25 147,000 120,000 87,000 Average Hourly Earnings (YoY) Jun'25 3.7% 3.9% 3.9%
Personal Income (YoY) May'25 4.5% 4.7% 5.4%
Initial Jobless Claims (week) 6/ 28/ 25 233,000 219,000 238,000 Growth
Real GDP (QoQ SAAR) 2025Q1 -0.5% 2.4% 1.6%
GDP Personal Consumption (QoQ SAAR) 2025Q1 0.5% 4.0% 1.9% Retail Sales (YoY) May'25 3.3% 5.1% 2.0%
ISM Manufacturing Survey (month) Jun'25 49.0 49.0 48.3
Existing Home Sales SAAR (month) May'25 4.03 mil. 4.02 mil. 3.93 mil.

Inflation / Prices
Personal Consumption Expenditures (YoY) May'25 2.3% 2.3% 2.4% Consumer Price Index (YoY) May'25 2.4% 2.4% 3.0%Consumer Price Index Core (YoY) May'25 2.8% 2.8% 3.3%Crude Oil Futures (WTI, per barrel) Jun 30 $65.11 $71.48 $81.54 Gold Futures (oz.) Jun 30 $3,308 $3,123 $2,340
Latest
0200K400K600K800K

0.0%1.0%2.0%3.0%4.0%5.0%
Jun '22 Dec '22 Jun '23 Dec '23 Jun '24 Dec '24 Jun '25 Unemployment Rate (left) vs. Change in Nonfarm Payrolls (right) Change In Non-Farm Payrolls Unemployment Rate
-2%-1%
0%1%2%3%4%5%
Mar '22 Sep '22 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Real GDP (QoQ)
0%1%2%3%4%5%6%7%8%9%
10%
Jun '22 Dec '22 Jun '23 Dec '23 Jun '24 Dec '24
Consumer Price Index
CPI (YoY) Core CPI (YoY)
22 11
For the Quarter Ended June 30, 2025
Market Summary
PFM Asset Management | pfmam.com
City of Manteca
2 Source: Bloomberg Financial L.P.

Interest Rate Overview
U.S. Treasury Note Yields U.S. Treasury Yield Curve
U.S. Treasury Yields Yield Curves as of June 30, 2025
6%5%4%3%2%1%0%
3-mo
1-yr
2-yr
3-yr
5-yr
7-yr
10-yr
20-yr
30-yr
Yield
Maturity
June 30, 2025 March 31, 2025 June 30, 2024
6%5%4%3%2%1%0%
3-mo
1-yr
2-yr
3-yr
5-yr
7-yr
10-yr
25-yr
30-yr
Yield
Maturity
U.S. Treasury Federal Agency Corporates, A Rated

0.0%1.0%2.0%3.0%6.0%5.0%4.0%
6/30/24 9/30/24
2-Year
12/31/24 3/31/25 6/30/25
Yield
5-Year 10-Year
Maturity Jun '25 Mar '25 Change over Quarter Jun '24 Change over Year 3-Month 4.30% 4.30% 0.00% 5.36% (1.06%)
1-Year 3.97% 4.03% (0.06%) 5.12% (1.15%)
2-Year 3.72% 3.89% (0.17%) 4.76% (1.04%)5-Year 3.80% 3.95% (0.15%) 4.38% (0.58%)10-Year 4.23% 4.21% 0.02% 4.40% (0.17%) 30-Year 4.78% 4.57% 0.21% 4.56% 0.22%
For the Quarter Ended June 30, 2025
Market Summary
PFM Asset Management | pfmam.com
City of Manteca
3 June 30, 2025 Duration Yield 3 Month 1 Year 3 Years
1-3 Year Indices
U.S. Treasury 1.83 3.79% 1.18% 5.67% 3.41%Federal Agency 1.45 3.85% 1.12% 5.43% 3.53% U.S. Corporates, A-AAA rated 1.84 4.33% 1.40% 6.48% 4.45% Agency MBS (0 to 3 years) 1.91 4.45% 1.25% 5.84% 3.64%Taxable Municipals 1.86 4.14% 1.40% 6.07% 3.82% 1-5 Year Indices
U.S. Treasury 2.55 3.77% 1.36% 6.07% 3.23%Federal Agency 2.07 3.83% 1.27% 5.72% 3.42% U.S. Corporates, A-AAA rated 2.64 4.38% 1.69% 7.06% 4.63% Agency MBS (0 to 5 years) 3.07 4.51% 1.67% 7.18% 3.69%Taxable Municipals 2.41 4.28% 1.50% 6.19% 3.65% Master Indices (Maturities 1 Year or Greater)
U.S. Treasury 6.10 4.06% 0.76% 5.18% 1.31%Federal Agency 3.33 3.96% 1.30% 5.78% 3.08% U.S. Corporates, A-AAA rated 6.67 4.86% 1.65% 6.64% 3.67% Agency MBS (0 to 30 years) 5.79 4.97% 1.13% 6.42% 2.28%Taxable Municipals 8.81 5.24% 0.72% 4.82% 2.17% Returns for periods greater than one year are annualized.Source: ICE BofA Indices.

As of 06/30/2025 Returns for Periods ended 06/30/2025
ICE BofA Index Returns
For the Quarter Ended June 30, 2025
Market Summary
PFM Asset Management | pfmam.com
City of Manteca
4 Disclosures
Indices shown are not available for investment. The index data reference herein is the property of the index provider and/or its licensors. The index provider assumes no liability in connections with its use and does not sponsor, endorse or recommend the products or services contained herein. Index returns do not reflect payment of anysales charges 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 U.S. BancorpAsset Management, Inc. 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 current opinion as of the date of issue and are also subject to change. Opinions and data presented are not necessarily indicative of future events or expected performance. Information contained herein is based on data obtained from recognized statistical services, issuer reports or communications, or other sources, believed to be reliable. No representation ismade as to its accuracy or completeness.PFM Asset Management serves clients in the public sector and is a division of U.S. BancorpAsset Management, Inc., which is the legal entity providing investmentadvisory services. U.S. Bancorp Asset Management, Inc. is a registered investment adviser, a direct subsidiary of U.S. Bank N.A. and an indirect subsidiary of U.S.Bancorp. U.S. BankN.A. is not responsible for and does not guarantee the products, services, or performance of U.S. BancorpAsset Management, Inc.NOT FDIC INSURED : NO BANK GUARANTEE : MAY LOSE VALUEFurther distribution is not permitted without prior written consent.

For the Quarter Ended June 30, 2025
Market Summary
PFM Asset Management | pfmam.com
City of Manteca
5 PFM Asset Management | pfmam.com
Account Summary
For the Quarter Ended June 30, 2025
Consolidated Summary
Consolidated Summary
Account Summary
PFMAM Managed Account $161,664,740.40
CAMP Pool $74,990,197.16
LAIF $52,668,800.47
Wells Fargo Account $177,758,718.83
Total Program $467,082,456.86

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.

65.5%

0.2% 0.1% 0.2% 0.8%

12.5% 15.1%

2.6% 3.1%
0%
20%
40%
60%
80%
Under 30
days
31 to 60
days
61 to 90
days
91 to 180
days
181 days
to 1 year
1 to 2
years
2 to 3
years
3 to 4
years
4 to 5
years
Maturity Distribution
PFM Asset Management | pfmam.com
7 CITY OF MANTECA
PFM Asset Management | pfmam.com
Portfolio Review:

CITY OF MANTECA
PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
Compliance
Note: Pre- and post-trade compliance for the account(s) managed by PFM Asset Management is provided via Bloomberg Financial LP Asset and Investment Management ("AIM").

Certificate of Compliance
During the reporting period for the quarter ended June 30, 2025, 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, a division of U.S. Bancorp Asset Management, Inc. 9 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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 Financial LP.

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
14%
47%
39%
8%
56%
35%
0%
20%40%60%
0-1 Yr 1-2 Yrs 2-3 Yrs
Portfolio Benchmark
Duration Distribution
U.S. Treasury | 37%Corporate | 28%
ABS | 20%Agency CMBS | 13%
Negotiable CD | 2%Municipal | 1%
Sector Allocation
AAA | 13%AA+ | 51%AA | 1%AA- | 5%A+ | 11%A | 6%A- | 4%A-1 | 1% BBB+ | 1%Not Rated | 8%
Portfolio Statistics
Portfolio Effective Duration 1.76 years
Benchmark Effective Duration 1.76 yearsPortfolio Credit Quality AA Yield At Market 4.07%
Yield At Cost 4.48%
Total Market Value $163,064,252.28
Securities Sub-Total $161,664,740.40Cash $82,479.90
Accrued Interest $1,317,031.98
10 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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 37.1% United States Treasury 37.1% AA / Aa / AA
Agency CMBS 13.0%
Federal Home Loan Mortgage Corp 11.9% AA / Aa / AAFederal National Mortgage Association 1.1% AA / Aa / AA Municipal 0.6%
Los Angeles Unified School District/CA 0.3% NR / Aa / AAAState Board of Administration Finance C 0.2% AA / Aa / AA Negotiable CD 2.1%
Cooperatieve Rabobank UA 0.7% A / Aa / AACredit Agricole Group 0.7% A / A / AAGroupe BPCE 0.7% A / A / A Corporate 27.6%
Accenture PLC 0.1% AA / Aa / AAdobe Inc 0.7% A / A / NRAdvanced Micro Devices Inc 0.4% A / A / NRAir Products and Chemicals Inc 0.5% A / A / NRAmerican Express Co 0.4% A / A / A Analog Devices Inc 0.5% A / A / AANZ Group Holdings Ltd 1.1% AA / Aa / AA Apple Inc 0.6% AA / Aaa / NRAstraZeneca PLC 0.3% A / A / A Bank of America Corp 0.8% A / Aa / AA
Bank of New York Mellon Corp 0.4% A / Aa / AABayerische Motoren Werke AG 0.7% A / A / NRBlackRock Inc 0.5% AA / Aa / NR Security Type / Issuer Market Value (%) S&P / Moody's / FitchCorporate 27.6% BP PLC 0.5% A / A / ABristol-Myers Squibb Co 0.1% A / A / NRCaterpillar Inc 0.6% A / A / AChevron Corp 0.6% AA / Aa / NRCintas Corp 0.3% A / A / NRCisco Systems Inc 0.6% AA / A / NRCitigroup Inc 0.9% A / A / ACommonwealth Bank of Australia 0.3% AA / Aa / AACooperatieve Rabobank UA 0.5% A / Aa / AA Cummins Inc 0.0% A / A / NRDeere & Co 0.6% A / A / ADepository Trust & Clearing Corp 0.2% AA / Aa / NREli Lilly & Co 0.6% A / Aa / NRGeneral Dynamics Corp 0.3% A / A / NR Goldman Sachs Group Inc 0.6% A / A / A
Hershey Co 0.2% A / A / NRHome Depot Inc 0.3% A / A / AHonda Motor Co Ltd 0.6% A / A / AHoneywell International Inc 0.5% A / A / AHormel Foods Corp 0.2% A / A / NRHSBC Holdings PLC 0.1% A / A / AJohnson & Johnson 0.7% AAA / Aaa / NRJPMorgan Chase & Co 0.7% A / Aa / AAMars Inc 0.2% A / A / NRMastercard Inc 0.5% A / Aa / NRMorgan Stanley 0.8% A / Aa / AA 11 PFM Asset Management | pfmam.com

Issuer Diversification
Security Type / Issuer Market Value (%) S&P / Moody's / FitchCorporate 27.6% National Australia Bank Ltd 0.7% AA / Aa / AANational Rural Utilities Cooperative Fi 0.6% A / A / A PACCAR Inc 0.7% A / A / NRPepsiCo Inc 0.7% A / A / NRPNC Financial Services Group Inc 0.1% A / A / A Roche Holding AG 0.5% AA / Aa / AAState Street Corp 0.5% A / Aa / AA Target Corp 0.1% A / A / ATexas Instruments Inc 0.4% A / Aa / NRToyota Motor Corp 0.9% A / A / ATruist Financial Corp 0.6% A / Baa / A UBS Group AG 0.2% A / Aa / AUnilever PLC 0.2% A / A / NRUnited Services Automobile Association 0.5% AA / Aa / NRUnitedHealth Group Inc 0.6% A / A / AWalmart Inc 0.2% AA / Aa / AAWells Fargo & Co 1.2% A / Aa / AA ABS 19.6%
Ally Auto Receivables Trust 0.7% AAA / Aaa / AAAAmerican Express Co 1.2% AAA / NR / AAA BA Credit Card Trust 0.4% AAA / Aaa / AAABank of America Corp 0.4% NR / Aaa / AAABMW Vehicle Lease Trust 0.7% AAA / Aaa / AAACapital One Financial Corp 0.8% AAA / Aaa / AAACarMax Inc 0.5% AAA / Aaa / AAAChase Auto Owner Trust 0.2% AAA / NR / AAA Security Type / Issuer Market Value (%) S&P / Moody's / FitchABS 19.6% Citigroup Inc 0.5% AAA / Aaa / NRFifth Third Auto Trust 0.5% AAA / Aaa / NR Ford Credit Auto Owner Trust 1.7% AAA / Aaa / AAAGM Financial Consumer Automobile Receiv 1.6% AAA / Aaa / AAAHarley-Davidson Inc 0.2% AAA / Aaa / AAAHonda Auto Receivables Owner Trust 0.5% AAA / Aaa / AAAHyundai Auto Receivables Trust 1.1% AAA / NR / AAAJPMorgan Chase & Co 0.7% AAA / NR / AAAKubota Credit Owner Trust 1.7% NR / Aaa / AAA Mercedes-Benz Auto Receivables Trust 0.8% AAA / Aaa / AAANissan Auto Receivables Owner Trust 1.5% AAA / Aaa / AAAPorsche Innovative Lease Owner 0.1% AAA / NR / AAAToyota Auto Receivables Owner Trust 1.3% AAA / Aaa / AAAUSAA Auto Owner Trust 0.2% AAA / Aaa / NR Verizon Master Trust 0.6% NR / Aaa / AAA
Volkswagen Auto Loan Enhanced Trust 0.8% AAA / Aaa / AAAWF Card Issuance Trust 0.8% AAA / Aaa / AAA Total 100.0%
12 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
Portfolio Activity
Portfolio Activity - CITY OF MANTECA
Net Activity by Sector
($ millions)
U.S. TreasuryMunicipal
ABS
Agency CMBS
Corporate
U.S. Treasury
Municipal
ABS
Agency CMBS
Corporate
($20.0) ($15.0) ($10.0) ($5.0) $0.0 $5.0 $10.0
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 ActivityCorporate $7,282,715
Agency CMBS $3,525,738ABS $1,138,997
Municipal $500,000U.S. Treasury ($10,899,588)Total Net Activity $1,547,861 Sales/Maturities Purchases
13 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
Portfolio Characteristics
$0.0
$34.0$68.0
$102.0$136.0$170.0
Millions
June 2025
$0.0
$34.0$68.0
$102.0$136.0$170.0
Millions
March 2025
$0.0
$34.0$68.0
$102.0$136.0$170.0
Millions
December 2024
$0.0
$34.0$68.0
$102.0$136.0$170.0
Millions
September 2024
Sector Allocation Review - CITY OF MANTECA
U.S. Treasury Agency CMBS 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-24 % of Total Dec-24 % of Total Mar-25 % of Total Jun-25 % of Total U.S. Treasury $67.2 42.9% $76.0 48.4% $70.6 44.2% $60.0 37.0% Agency CMBS $17.3 11.0% $14.8 9.4% $17.5 11.0% $21.2 13.1% Municipal $0.4 0.3% $0.4 0.3% $0.4 0.3% $0.9 0.6%Negotiable CD $6.3 4.0% $4.8 3.1% $3.4 2.1% $3.4 2.1%Corporate $36.4 23.2% $33.2 21.2% $36.9 23.2% $44.4 27.5% ABS $29.2 18.6% $27.6 17.6% $30.6 19.2% $31.9 19.7%
Total $156.8 100.0% $156.8 100.0% $159.5 100.0% $161.7 100.0% 14 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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 Financial LP.

0.0%2.0%4.0%6.0%8.0%
Return
Portfolio Benchmark Net of Fees
Portfolio Performance
Market Value Basis Earnings 3 Months 1 Year 3 Years 5 Years 10 YearsInterest Earned² $1,704,248 $6,685,335 $15,019,874 $18,398,616 $31,247,709Change in Market Value $501,615 $2,636,222 $3,145,124 ($4,278,713) ($911,433) Total Dollar Return $2,205,863 $9,321,557 $18,164,998 $14,119,903 $30,336,276Total Return³ Portfolio 1.37% 6.06% 4.01% 1.82% 2.00%Benchmark⁴ 1.18% 5.68% 3.42% 1.37% 1.61%Basis Point Fee 0.03% 0.11% 0.11% 0.11% 0.11%Net of Fee Return 1.34% 5.95% 3.90% 1.71% 1.89% 3 Months 1 Year 3 Years 5 Years 10 Years
15 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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
$1,704,248
$167,912
$86,758
$1,958,919
1 Year
$6,685,335
$121,035
$336,803
$7,143,174
3 Years
$15,019,874
($3,922,066)
$651,466
$11,749,275
5 Year
$18,398,616
($2,307,491)
$460,588
$16,551,713
10 Year¹
$31,247,709
($2,383,442)
$374,606
$29,238,873
16 Portfolio Holdings and Transactions
PFM Asset Management | pfmam.com
PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
Portfolio Composition
Issuer Distribution
As of June 30, 2025
Issuer Market Value ($) % of PortfolioUNITED STATES TREASURY 59,985,570 37.11 %FEDERAL HOME LOAN MORTGAGE CORP 19,403,972 12.01 %KUBOTA CREDIT OWNER TRUST 2,804,484 1.74 %FORD CREDIT AUTO OWNER TRUST 2,787,994 1.73 % AMERICAN EXPRESS CO 2,702,799 1.68 %
GM FINANCIAL CONSUMER AUTOMOBILE RECEIV 2,661,471 1.66 %NISSAN AUTO RECEIVABLES OWNER TRUST 2,407,130 1.50 %JPMORGAN CHASE & CO 2,292,988 1.42 %CITIGROUP INC 2,220,445 1.37 %TOYOTA AUTO RECEIVABLES OWNER TRUST 2,164,407 1.34 %BANK OF AMERICA CORP 2,061,982 1.28 %COOPERATIEVE RABOBANK UA 1,906,567 1.18 %WELLS FARGO & CO 1,859,546 1.15 %HYUNDAI AUTO RECEIVABLES TRUST 1,837,878 1.14 % ANZ GROUP HOLDINGS LTD 1,816,093 1.12 %
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1,759,829 1.09 %TOYOTA MOTOR CORP 1,534,599 0.95 %CAPITAL ONE FINANCIAL CORP 1,349,806 0.83 %MORGAN STANLEY 1,279,707 0.79 %VOLKSWAGEN AUTO LOAN ENHANCED TRUST 1,269,948 0.79 %WF CARD ISSUANCE TRUST 1,252,962 0.78 %MERCEDES-BENZ AUTO RECEIVABLES TRUST 1,243,717 0.77 %PACCAR INC 1,191,636 0.74 %PEPSICO INC 1,189,445 0.74 % 18 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
Portfolio Composition
Issuer Market Value ($) % of PortfolioBMW VEHICLE LEASE TRUST 1,185,938 0.73 % ADOBE INC 1,178,875 0.73 %
NATIONAL AUSTRALIA BANK LTD 1,177,121 0.73 %CREDIT AGRICOLE GROUP 1,134,065 0.70 %GROUPE BPCE 1,119,435 0.69 %JOHNSON & JOHNSON 1,118,457 0.69 % ALLY AUTO RECEIVABLES TRUST 1,102,677 0.68 %
BAYERISCHE MOTOREN WERKE AG 1,092,492 0.68 %HONDA MOTOR CO LTD 1,017,327 0.63 %ELI LILLY & CO 1,014,472 0.63 %UNITEDHEALTH GROUP INC 1,005,824 0.62 % APPLE INC 1,001,731 0.62 %
CATERPILLAR INC 976,200 0.60 %GOLDMAN SACHS GROUP INC 973,199 0.60 %TRUIST FINANCIAL CORP 961,788 0.59 %CISCO SYSTEMS INC 956,454 0.59 %CHEVRON CORP 951,057 0.59 %NATIONAL RURAL UTILITIES COOPERATIVE FI 930,743 0.58 %VERIZON MASTER TRUST 908,882 0.56 % ANALOG DEVICES INC 893,928 0.55 %
DEERE & CO 888,354 0.55 %STATE STREET CORP 861,652 0.53 %HONDA AUTO RECEIVABLES OWNER TRUST 848,224 0.52 %BP PLC 829,849 0.51 %ROCHE HOLDING AG 776,417 0.48 %CARMAX INC 775,386 0.48 %BLACKROCK INC 754,085 0.47 % 19 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
Portfolio Composition
Issuer Market Value ($) % of Portfolio
AIR PRODUCTS AND CHEMICALS INC 753,701 0.47 %
FIFTH THIRD AUTO TRUST 733,477 0.45 %HONEYWELL INTERNATIONAL INC 732,544 0.45 %UNITED SERVICES AUTOMOBILE ASSOCIATION 731,118 0.45 %MASTERCARD INC 726,583 0.45 %BA CREDIT CARD TRUST 725,794 0.45 %TEXAS INSTRUMENTS INC 650,811 0.40 %BANK OF NEW YORK MELLON CORP 630,425 0.39 % ADVANCED MICRO DEVICES INC 604,395 0.37 %ASTRAZENECA PLC 550,983 0.34 % GENERAL DYNAMICS CORP 534,981 0.33 %LOS ANGELES UNIFIED SCHOOL DISTRICT/CA 504,459 0.31 %CINTAS CORP 476,064 0.29 %HOME DEPOT INC 475,687 0.29 %COMMONWEALTH BANK OF AUSTRALIA 454,399 0.28 %STATE BOARD OF ADMINISTRATION FINANCE C 395,000 0.24 %DEPOSITORY TRUST & CLEARING CORP 382,381 0.24 %UBS GROUP AG 367,944 0.23 %HARLEY-DAVIDSON INC 347,464 0.21 %WALMART INC 331,361 0.20 %HERSHEY CO 324,041 0.20 %HORMEL FOODS CORP 323,221 0.20 %USAA AUTO OWNER TRUST 322,570 0.20 %UNILEVER PLC 306,326 0.19 %CHASE AUTO OWNER TRUST 294,654 0.18 %MARS INC 292,310 0.18 % ACCENTURE PLC 234,269 0.14 %
20 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
Portfolio Composition
Issuer Market Value ($) % of PortfolioBRISTOL-MYERS SQUIBB CO 232,913 0.14 %HSBC HOLDINGS PLC 231,809 0.14 %TARGET CORP 206,214 0.13 %PORSCHE INNOVATIVE LEASE OWNER 201,752 0.12 %PNC FINANCIAL SERVICES GROUP INC 85,125 0.05 %CUMMINS INC 80,356 0.05 % Grand Total 161,664,740 100.00 %
21 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
Portfolio Holdings
Managed Account Detail of Securities Held
Security Type/DescriptionDated Date/Coupon/Maturity CUSIP Par S&P
Rating
Moody's
Rating
Settle
Date
Original
Cost
Trade
Date
YTM
at Cost
Accrued
Interest
Market
Value
Amortized
Cost
U.S. Treasury
US TREASURY N/BDTD 11/15/2023 4.625% 11/15/2026
91282CJK8 1,500,000.00 AA+ Aa1 12/12/2023 12/15/2023 1,508,027.34 4.43 8,860.39 1,503,901.70 1,514,472.00 US TREASURY N/BDTD 11/15/2023 4.625% 11/15/2026
91282CJK8 1,175,000.00 AA+ Aa1 12/7/2023 12/11/2023 1,184,455.08 4.33 6,940.64 1,179,576.28 1,186,336.40 US TREASURY N/BDTD 12/15/2023 4.375% 12/15/2026
91282CJP7 2,500,000.00 AA+ Aa1 1/3/2024 1/5/2024 2,516,210.94 4.14 4,781.42 2,508,267.42 2,518,457.50 US TREASURY N/BDTD 12/15/2023 4.375% 12/15/2026
91282CJP7 1,500,000.00 AA+ Aa1 1/4/2024 1/9/2024 1,510,898.44 4.11 2,868.85 1,505,576.83 1,511,074.50 US TREASURY N/BDTD 01/16/2024 4.000% 01/15/2027
91282CJT9 2,500,000.00 AA+ Aa1 2/2/2024 2/7/2024 2,490,039.06 4.14 46,132.60 2,494,632.77 2,505,860.00 US TREASURY N/BDTD 02/15/2024 4.125% 02/15/2027
91282CKA8 750,000.00 AA+ Aa1 2/13/2024 2/16/2024 743,027.34 4.46 11,622.93 746,109.65 753,545.25 US TREASURY N/BDTD 02/15/2024 4.125% 02/15/2027
91282CKA8 400,000.00 AA+ Aa1 2/20/2024 2/22/2024 397,250.00 4.37 6,198.90 398,458.59 401,890.80 US TREASURY N/BDTD 02/15/2024 4.125% 02/15/2027
91282CKA8 2,500,000.00 AA+ Aa1 3/7/2024 3/12/2024 2,488,769.53 4.29 38,743.09 2,493,601.58 2,511,817.50 US TREASURY N/BDTD 03/15/2024 4.250% 03/15/2027
91282CKE0 1,500,000.00 AA+ Aa1 4/3/2024 4/8/2024 1,489,160.16 4.51 18,709.24 1,493,529.12 1,511,308.50 US TREASURY N/BDTD 03/15/2024 4.250% 03/15/2027
91282CKE0 1,500,000.00 AA+ Aa1 4/2/2024 4/5/2024 1,489,335.94 4.51 18,709.24 1,493,650.54 1,511,308.50 US TREASURY N/BDTD 04/15/2024 4.500% 04/15/2027
91282CKJ9 1,250,000.00 AA+ Aa1 5/8/2024 5/13/2024 1,244,531.25 4.66 11,834.02 1,246,568.19 1,265,478.75 US TREASURY N/BDTD 04/15/2024 4.500% 04/15/2027
91282CKJ9 425,000.00 AA+ Aa1 4/29/2024 4/30/2024 421,414.06 4.81 4,023.57 422,773.18 430,262.78 US TREASURY N/BDTD 04/15/2024 4.500% 04/15/2027
91282CKJ9 1,525,000.00 AA+ Aa1 4/10/2024 4/15/2024 1,523,808.59 4.53 14,437.50 1,524,271.78 1,543,884.08 US TREASURY N/BDTD 05/15/2024 4.500% 05/15/2027
91282CKR1 1,350,000.00 AA+ Aa1 6/10/2024 6/11/2024 1,343,671.88 4.67 7,758.83 1,345,856.78 1,367,718.75 US TREASURY N/BDTD 05/15/2024 4.500% 05/15/2027
91282CKR1 1,250,000.00 AA+ Aa1 6/12/2024 6/17/2024 1,246,435.55 4.60 7,184.10 1,247,654.74 1,266,406.25 22 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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/BDTD 05/15/2024 4.500% 05/15/2027
91282CKR1 3,100,000.00 AA+ Aa1 7/1/2024 7/5/2024 3,090,675.78 4.61 17,816.58 3,093,766.51 3,140,687.50 US TREASURY N/BDTD 05/15/2024 4.500% 05/15/2027
91282CKR1 375,000.00 AA+ Aa1 6/11/2024 6/12/2024 373,696.29 4.63 2,155.23 374,145.69 379,921.88 US TREASURY N/BDTD 05/15/2024 4.500% 05/15/2027
91282CKR1 900,000.00 AA+ Aa1 5/15/2024 5/20/2024 898,031.25 4.58 5,172.55 898,735.56 911,812.50 US TREASURY N/BDTD 05/15/2024 4.500% 05/15/2027
91282CKR1 1,550,000.00 AA+ Aa1 6/6/2024 6/11/2024 1,550,302.73 4.49 8,908.29 1,550,198.17 1,570,343.75 US TREASURY N/BDTD 07/15/2024 4.375% 07/15/2027
91282CKZ3 1,525,000.00 AA+ Aa1 8/1/2024 8/5/2024 1,542,513.67 3.96 30,779.09 1,537,348.20 1,543,824.60 US TREASURY N/BDTD 08/15/2024 3.750% 08/15/2027
91282CLG4 2,500,000.00 AA+ Aa1 9/5/2024 9/10/2024 2,510,058.59 3.60 35,220.99 2,507,397.59 2,500,880.00 US TREASURY N/BDTD 09/16/2024 3.375% 09/15/2027
91282CLL3 350,000.00 AA+ Aa1 9/30/2024 9/30/2024 348,564.45 3.52 3,466.71 348,915.91 347,539.15 US TREASURY N/BDTD 09/16/2024 3.375% 09/15/2027
91282CLL3 3,100,000.00 AA+ Aa1 9/26/2024 9/27/2024 3,092,250.00 3.46 30,705.16 3,094,163.90 3,078,203.90 US TREASURY N/BDTD 09/16/2024 3.375% 09/15/2027
91282CLL3 1,750,000.00 AA+ Aa1 10/1/2024 10/4/2024 1,742,890.63 3.52 17,333.56 1,744,612.63 1,737,695.75 US TREASURY N/BDTD 09/16/2024 3.375% 09/15/2027
91282CLL3 2,450,000.00 AA+ Aa1 10/2/2024 10/4/2024 2,438,611.33 3.54 24,266.98 2,441,372.31 2,432,774.05 US TREASURY N/BDTD 10/15/2024 3.875% 10/15/2027
91282CLQ2 1,600,000.00 AA+ Aa1 10/31/2024 11/4/2024 1,587,812.50 4.15 13,043.72 1,590,405.57 1,605,374.40 US TREASURY N/BDTD 10/15/2024 3.875% 10/15/2027
91282CLQ2 1,400,000.00 AA+ Aa1 10/28/2024 10/29/2024 1,391,468.75 4.10 11,413.25 1,393,318.68 1,404,702.60 US TREASURY N/BDTD 10/15/2024 3.875% 10/15/2027
91282CLQ2 950,000.00 AA+ Aa1 11/5/2024 11/7/2024 941,687.50 4.19 7,744.71 943,436.37 953,191.05 US TREASURY N/BDTD 11/15/2024 4.125% 11/15/2027
91282CLX7 1,575,000.00 AA+ Aa1 12/4/2024 12/6/2024 1,573,092.77 4.17 8,297.64 1,573,447.10 1,589,397.08 US TREASURY N/BDTD 11/15/2024 4.125% 11/15/2027
91282CLX7 1,575,000.00 AA+ Aa1 12/10/2024 12/16/2024 1,575,061.52 4.12 8,297.64 1,575,052.85 1,589,397.08 US TREASURY N/BDTD 11/15/2024 4.125% 11/15/2027
91282CLX7 1,575,000.00 AA+ Aa1 12/5/2024 12/10/2024 1,576,107.42 4.10 8,297.64 1,575,909.39 1,589,397.08 US TREASURY N/BDTD 11/30/2022 3.875% 11/30/2027
91282CFZ9 1,500,000.00 AA+ Aa1 12/16/2024 12/18/2024 1,486,230.47 4.21 4,923.16 1,488,607.49 1,505,566.50 23 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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/BDTD 01/15/2025 4.250% 01/15/2028
91282CMF5 1,575,000.00 AA+ Aa1 1/9/2025 1/15/2025 1,571,124.02 4.34 30,880.01 1,571,691.18 1,595,117.48 US TREASURY N/BDTD 01/15/2025 4.250% 01/15/2028
91282CMF5 1,575,000.00 AA+ Aa1 2/3/2025 2/6/2025 1,574,323.24 4.26 30,880.01 1,574,411.05 1,595,117.48 US TREASURY N/BDTD 03/17/2025 3.875% 03/15/2028
91282CMS7 1,600,000.00 AA+ Aa1 4/7/2025 4/10/2025 1,607,750.00 3.70 18,195.65 1,607,190.74 1,607,500.80 US TREASURY N/BDTD 05/15/2025 3.750% 05/15/2028
91282CND9 2,000,000.00 AA+ Aa1 5/7/2025 5/15/2025 1,998,593.75 3.78 9,578.80 1,998,651.39 2,002,656.00 US TREASURY N/BDTD 05/15/2025 3.750% 05/15/2028
91282CND9 1,500,000.00 AA+ Aa1 6/5/2025 6/10/2025 1,493,906.25 3.90 7,184.10 1,494,020.19 1,501,992.00 US TREASURY N/BDTD 05/15/2025 3.750% 05/15/2028
91282CND9 2,000,000.00 AA+ Aa1 6/9/2025 6/10/2025 1,985,625.00 4.01 9,578.80 1,985,894.53 2,002,656.00 Security Type Sub-Total 59,650,000.00 59,547,413.07 4.14 552,945.59 59,567,122.15 59,985,570.19 Negotiable CD
COOPERAT RABOBANK UA/NYDTD 07/20/2023 5.080% 07/17/2026 21684LGS5 1,100,000.00 A-1 P-1 7/17/2023 7/20/2023 1,100,000.00 5.08 25,456.44 1,100,000.00 1,115,285.60 NATIXIS NY BRANCHDTD 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 49,025.17 1,100,000.00 1,119,434.80 CREDIT AGRICOLE CIB NYDTD 02/05/2024 4.760% 02/01/2027
22536DWD6 1,125,000.00 A+ A1 2/1/2024 2/5/2024 1,125,000.00 4.76 21,717.50 1,125,000.00 1,134,065.25 Security Type Sub-Total 3,325,000.00 3,325,000.00 5.15 96,199.11 3,325,000.00 3,368,785.65 Municipal
FLORIDA ST BRD OF ADMDTD 09/16/2020 1.258% 07/01/2025
341271AD6 395,000.00 AA Aa2 9/3/2020 9/16/2020 395,000.00 1.26 2,484.55 395,000.00 395,000.00 LOS ANGELES UNIF SD-BDTD 05/13/2025 4.382% 07/01/2027
544647KX7 500,000.00 NR Aa2 4/24/2025 5/13/2025 500,000.00 4.38 2,921.33 500,000.00 504,458.50 Security Type Sub-Total 895,000.00 895,000.00 3.01 5,405.88 895,000.00 899,458.50 24 PFM Asset Management | pfmam.com

AMERICAN HONDA FINANCE
DTD 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 4,236.74 189,980.51 190,331.93 NATIONAL RURAL UTIL COOP(CALLABLE)DTD 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 1,668.75 124,979.92 125,058.38 WELLS FARGO & COMPANYDTD 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 3,737.50 639,838.77 643,035.90 CITIBANK NA (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 2,764.32 300,000.00 302,303.70 TOYOTA MOTOR CREDIT CORPDTD 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 2,631.06 494,915.73 495,835.56 GENERAL DYNAMICS CORP(CALLABLE)DTD 05/10/2021 1.150% 06/01/2026 369550BN7 550,000.00 A A2 10/31/2023 11/2/2023 493,564.50 5.47 527.08 529,952.94 534,981.15

AMERICAN HONDA FINANCE
DTD 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 8,373.75 329,862.44 332,689.83 TRUIST FINANCIAL CORP(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 8,418.83 465,000.00 464,787.03 STATE STREET CORP (CALLABLE)DTD 08/03/2023 5.272% 08/03/2026 857477CD3 415,000.00 A Aa3 7/31/2023 8/3/2023 415,000.00 5.27 8,994.62 415,000.00 419,267.86 TOYOTA MOTOR CREDIT CORPDTD 08/09/2024 4.550% 08/07/2026 89236TMJ1 110,000.00 A+ A1 8/6/2024 8/9/2024 109,931.80 4.58 2,002.00 109,961.75 110,374.99 WELLS FARGO BANK NA(CALLABLE)DTD 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 9,810.00 449,856.18 455,701.05 BANK OF AMERICA NA (CALLABLE)DTD 08/18/2023 5.526% 08/18/2026 06428CAA2 725,000.00 A+ Aa2 8/14/2023 8/18/2023 725,000.00 5.53 14,801.24 725,000.00 735,267.45 HOME DEPOT INC (CALLABLE)DTD 12/04/2023 4.950% 09/30/2026 437076CV2 285,000.00 A A2 11/27/2023 12/4/2023 284,375.85 5.04 3,566.06 284,714.07 287,804.40 TRUIST FINANCIAL CORP(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 5,110.88 495,000.00 497,000.79 25 PFM Asset Management | pfmam.com

AUST & NZ BANKING GRP NY
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 1,010,165.00 PNC FINANCIAL SERVICES(CALLABLE)DTD 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 85,124.70 TEXAS INSTRUMENTS INC(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 11,785.58 644,773.46 650,811.45 ELI LILLY & CO (CALLABLE)DTD 02/09/2024 4.500% 02/09/2027 532457CJ5 740,000.00 A+ Aa3 2/7/2024 2/9/2024 739,607.80 4.52 13,135.00 739,784.71 745,939.98 BRISTOL-MYERS SQUIBB CO(CALLABLE)DTD 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 4,038.42 229,859.95 232,913.18 26 PFM Asset Management | pfmam.com

ASTRAZENECA FINANCE LLC
(CALLABLE)DTD 02/26/2024 4.800% 02/26/2027
04636NAK9 545,000.00 A+ A1 2/21/2024 2/26/2024 544,084.40 4.86 9,083.33 544,480.19 550,983.01 JOHN DEERE CAPITAL CORPDTD 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 7,813.89 499,731.91 506,177.00

AMERICAN HONDA FINANCE
DTD 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 7,269.69 489,843.20 494,305.14 TOYOTA MOTOR CREDIT CORPDTD 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 3,966.67 279,799.98 283,988.88 HORMEL FOODS CORP (CALLABLE)DTD 03/08/2024 4.800% 03/30/2027 440452AK6 320,000.00 A- A1 3/5/2024 3/8/2024 319,689.60 4.84 3,882.67 319,844.37 323,221.44

ADOBE INC (CALLABLE)
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 5,391.58 459,861.42 466,629.52 UNITEDHEALTH GROUP INC(CALLABLE)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 9,711.11 995,814.14 1,005,824.00 WALMART INCDTD 04/28/2025 4.100% 04/28/2027
931142FL2 330,000.00 AA Aa2 4/23/2025 4/28/2025 329,957.10 4.11 2,367.75 329,960.95 331,361.25 TOYOTA MOTOR CREDIT CORPDTD 05/15/2025 4.500% 05/14/2027 89236TNG6 640,000.00 A+ A1 5/12/2025 5/15/2025 639,712.00 4.52 3,680.00 639,730.01 644,399.36 NATIONAL SECS CLEARINGDTD 05/20/2025 4.350% 05/20/2027
637639AN5 380,000.00 AA+ Aa1 5/13/2025 5/20/2025 379,661.80 4.40 1,882.58 379,680.93 382,380.70 GOLDMAN SACHS BANK USA(CALLABLE)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 2,857.39 475,000.00 478,896.90 USAA CAPITAL CORPDTD 06/03/2024 5.250% 06/01/2027
90327QD97 715,000.00 AA- Aa2 5/29/2024 6/3/2024 712,933.65 5.36 3,128.13 713,641.17 731,117.53 NATIONAL AUSTRALIA BK/NYDTD 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 1,144.58 405,000.00 412,571.48 HOME DEPOT INC (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 5.00 150.31 184,585.40 187,882.67 27 PFM Asset Management | pfmam.com

ACCENTURE CAPITAL INC
(CALLABLE)DTD 10/04/2024 3.900% 10/04/2027
00440KAA1 235,000.00 AA- Aa3 10/1/2024 10/4/2024 234,696.85 3.95 2,214.88 234,768.73 234,269.39 BP CAP MARKETS AMERICA(CALLABLE)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 4,997.49 815,000.00 829,849.30 UBS AG STAMFORD CT (CALLABLE)DTD 01/10/2025 4.864% 01/10/2028 90261AAD4 365,000.00 A+ Aa2 1/6/2025 1/10/2025 365,000.00 4.86 8,432.96 365,000.00 367,944.46 MASTERCARD INC (CALLABLE)DTD 09/05/2024 4.100% 01/15/2028 57636QBA1 345,000.00 A+ Aa3 9/3/2024 9/5/2024 344,810.25 4.12 6,522.42 344,855.05 346,457.97

ADOBE INC (CALLABLE)
DTD 01/17/2025 4.750% 01/17/2028
00724PAH2 700,000.00 A+ A1 1/14/2025 1/17/2025 699,629.00 4.77 15,147.22 699,683.23 712,245.80 COOPERAT RABOBANK UA/NYDTD 01/21/2025 4.883% 01/21/2028 21688ABK7 775,000.00 A+ Aa2 1/13/2025 1/21/2025 775,000.00 4.88 16,819.22 775,000.00 791,281.20 PEPSICO INC (CALLABLE)DTD 02/07/2025 4.450% 02/07/2028
713448GA0 1,175,000.00 A+ A1 2/5/2025 2/7/2025 1,174,506.50 4.47 20,915.00 1,174,569.12 1,189,445.45 NATIONAL RURAL UTIL COOP(CALLABLE)DTD 02/07/2025 4.750% 02/07/2028 63743HFW7 170,000.00 NR A2 2/4/2025 2/7/2025 169,925.20 4.77 3,230.00 169,934.65 172,170.73 ELI LILLY & CO (CALLABLE)DTD 02/12/2025 4.550% 02/12/2028 532457CU0 265,000.00 A+ Aa3 2/10/2025 2/12/2025 264,830.40 4.57 4,655.53 264,851.48 268,532.19 28 PFM Asset Management | pfmam.com

ADVANCED MICRO DEVICES
(CALLABLE)DTD 03/24/2025 4.319% 03/24/2028
007903BJ5 600,000.00 A A2 3/10/2025 3/24/2025 600,000.00 4.32 6,982.38 600,000.00 604,395.00 STATE STREET CORP (CALLABLE)DTD 04/24/2025 4.543% 04/24/2028 857477DA8 235,000.00 A Aa3 4/22/2025 4/24/2025 235,000.00 4.54 1,986.93 235,000.00 236,478.86 CINTAS CORPORATION NO. 2(CALLABLE)DTD 05/02/2025 4.200% 05/01/2028 17252MAR1 475,000.00 A- A3 4/28/2025 5/2/2025 474,392.00 4.25 3,269.58 474,423.93 476,064.48 CITIGROUP INC (CALLABLE)DTD 05/07/2025 4.643% 05/07/2028 172967PZ8 650,000.00 BBB+ A3 5/1/2025 5/7/2025 650,000.00 4.64 4,526.93 650,000.00 651,680.25 CUMMINS INC (CALLABLE)DTD 05/09/2025 4.250% 05/09/2028
231021AY2 80,000.00 A A2 5/6/2025 5/9/2025 79,944.00 4.28 491.11 79,946.58 80,355.76

APPLE INC (CALLABLE)
DTD 05/12/2025 4.000% 05/12/2028
037833EY2 1,000,000.00 AA+ Aaa 5/5/2025 5/12/2025 998,040.00 4.07 5,444.44 998,126.24 1,001,731.00 MORGAN STANLEY BANK NA(CALLABLE)DTD 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 1,632.09 305,000.00 311,334.54 29 PFM Asset Management | pfmam.com

AIR PRODUCTS & CHEMICALS
(CALLABLE)DTD 06/11/2025 4.300% 06/11/2028
009158BN5 750,000.00 A A2 6/9/2025 6/11/2025 749,497.50 4.32 1,791.67 749,507.41 753,700.50 NATIONAL AUSTRALIA BK/NYDTD 06/13/2025 4.308% 06/13/2028 632525CJ8 760,000.00 AA- Aa2 6/3/2025 6/13/2025 760,000.00 4.31 1,637.04 760,000.00 764,549.36 TARGET CORP (CALLABLE)DTD 06/10/2025 4.350% 06/15/2028
87612EBU9 205,000.00 A A2 6/5/2025 6/10/2025 204,997.95 4.35 520.19 204,998.31 206,214.42

ANALOG DEVICES INC (CALLABLE)
DTD 06/16/2025 4.250% 06/15/2028
032654BD6 890,000.00 A- A2 6/12/2025 6/16/2025 889,038.80 4.29 1,576.04 889,053.49 893,928.46

AUST & NZ BANKING GRP NY
DTD 06/18/2025 4.362% 06/18/2028
05253JB75 800,000.00 AA- Aa2 6/10/2025 6/18/2025 800,000.00 4.36 1,260.13 800,000.00 805,928.00 MORGAN STANLEY BANK NA(CALLABLE)DTD 07/19/2024 4.968% 07/14/2028 61690U8E3 330,000.00 A+ Aa3 7/17/2024 7/19/2024 330,000.00 4.97 7,605.18 330,000.00 333,940.86 JPMORGAN CHASE & CO(CALLABLE)DTD 07/22/2024 4.979% 07/22/2028 46647PEL6 435,000.00 A A1 7/15/2024 7/22/2024 435,000.00 4.98 9,565.90 435,000.00 440,581.92

AMERICAN EXPRESS CO (CALLABLE)
DTD 07/26/2024 5.043% 07/26/2028
025816DV8 150,000.00 A- A2 7/22/2024 7/26/2024 150,000.00 5.04 3,256.94 150,000.00 152,047.05 MORGAN STANLEY BANK NA(CALLABLE)DTD 01/21/2025 5.016% 01/12/2029 61690DK72 410,000.00 A+ Aa3 1/16/2025 1/21/2025 410,000.00 5.02 9,140.27 410,000.00 416,339.83 JPMORGAN CHASE & CO(CALLABLE)DTD 01/24/2025 4.915% 01/24/2029 46647PEU6 250,000.00 A A1 1/16/2025 1/24/2025 250,000.00 4.92 5,358.72 250,000.00 253,256.50 BANK OF AMERICA CORP(CALLABLE)DTD 01/24/2025 4.979% 01/24/2029 06051GMK2 610,000.00 A- A1 1/17/2025 1/24/2025 610,000.00 4.98 13,245.52 610,000.00 618,450.33 30 PFM Asset Management | pfmam.com

AMERICAN EXPRESS CO (CALLABLE)
DTD 04/25/2025 4.731% 04/25/2029
025816ED7 540,000.00 A- A2 4/21/2025 4/25/2025 540,000.00 4.73 4,683.69 540,000.00 546,003.18 Security Type Sub-Total 43,985,000.00 43,837,233.20 4.77 546,415.51 43,927,471.86 44,384,970.21 Agency CMBS
FHMS K733 A2DTD 11/01/2018 3.750% 08/01/2025
3137FJXQ7 347,772.89 AA+ Aa1 8/10/2023 8/15/2023 338,136.11 5.18 1,086.79 347,060.04 346,646.81 FHMS K733 A2DTD 11/01/2018 3.750% 08/01/2025
3137FJXQ7 347,772.89 AA+ Aa1 3/6/2023 3/9/2023 336,850.65 5.10 1,086.79 347,107.20 346,646.81 FHMS K051 A2DTD 12/01/2015 3.308% 09/01/2025
3137BM7C4 461,277.15 AA+ Aa1 8/5/2022 8/10/2022 457,925.69 3.55 1,271.59 461,026.91 459,264.14 FHMS K053 A2DTD 03/01/2016 2.995% 12/01/2025
3137BN6G4 907,109.43 AA+ Aa1 8/4/2022 8/9/2022 896,656.41 3.35 2,263.99 905,613.68 900,067.54 FHMS K054 A2DTD 04/01/2016 2.745% 01/01/2026
3137BNGT5 404,002.90 AA+ Aa1 3/1/2023 3/6/2023 380,457.11 4.90 924.16 399,379.86 399,670.78 FNA 2016-M3 A2DTD 03/01/2016 2.702% 02/01/2026
3136ARTE8 618,337.81 AA+ Aa1 10/6/2022 10/12/2022 583,363.08 4.51 1,392.29 611,590.83 610,482.45 FHMS K734 A2DTD 04/01/2019 3.208% 02/01/2026
3137FLN34 604,730.55 AA+ Aa1 10/18/2023 10/23/2023 576,147.58 5.35 1,616.65 596,787.06 600,379.51 FHMS K057 A2DTD 09/01/2016 2.570% 07/01/2026
3137BRQJ7 641,513.66 AA+ Aa1 5/18/2023 5/23/2023 609,989.28 4.22 1,373.91 630,913.52 630,648.98 FHMS K736 A2DTD 09/01/2019 2.282% 07/01/2026
3137FNWX4 713,981.74 AA+ Aa1 10/5/2023 10/11/2023 662,469.08 5.05 1,357.76 694,279.69 700,118.36 FHMS K057 A2DTD 09/01/2016 2.570% 07/01/2026
3137BRQJ7 570,234.36 AA+ Aa1 3/2/2023 3/7/2023 530,273.41 4.81 1,221.25 557,635.84 560,576.87 FHMS K058 A2DTD 11/01/2016 2.653% 08/01/2026
3137BSP72 750,000.00 AA+ Aa1 4/12/2023 4/17/2023 715,869.14 4.10 1,658.13 738,302.83 736,116.00 31 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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 K059 A2DTD 11/01/2016 3.120% 09/01/2026
3137BSRE5 1,250,000.00 AA+ Aa1 11/15/2023 11/20/2023 1,183,935.55 5.11 3,250.00 1,219,976.21 1,232,520.00 FHMS K061 A2DTD 01/01/2017 3.347% 11/01/2026
3137BTUM1 500,693.35 AA+ Aa1 5/19/2023 5/24/2023 485,281.38 4.29 1,396.52 494,533.45 494,776.15 FHMS K063 A2DTD 03/01/2017 3.430% 01/01/2027
3137BVZ82 600,000.00 AA+ Aa1 10/17/2023 10/20/2023 565,687.50 5.33 1,715.00 583,530.00 592,819.80 FHMS K065 A2DTD 07/01/2017 3.243% 04/01/2027
3137F1G44 650,000.00 AA+ Aa1 11/9/2023 11/14/2023 612,345.70 5.07 1,756.63 630,156.40 639,672.15 FHMS K066 A2DTD 08/01/2017 3.117% 06/01/2027
3137F2LJ3 800,000.00 AA+ Aa1 4/8/2025 4/11/2025 781,937.50 4.18 2,078.00 783,669.79 785,754.40 FNA 2024-M6 A2DTD 11/01/2024 2.908% 07/01/2027
3136BTGM9 1,175,000.00 AA+ Aa1 12/12/2024 12/17/2024 1,133,875.00 4.32 2,846.97 1,141,951.07 1,149,346.23 FHMS K067 A2DTD 09/01/2017 3.194% 07/01/2027
3137FAWS3 850,000.00 AA+ Aa1 6/4/2025 6/9/2025 832,003.91 4.23 2,262.42 832,495.62 834,810.50 FHMS K068 A2DTD 10/01/2017 3.244% 08/01/2027
3137FBBX3 800,000.00 AA+ Aa1 6/17/2024 6/21/2024 763,187.50 4.80 2,162.67 774,423.23 786,100.00 FHMS K069 A2DTD 11/01/2017 3.187% 09/01/2027
3137FBU79 785,092.75 AA+ Aa1 6/17/2024 6/21/2024 747,126.16 4.78 2,085.08 758,398.01 770,465.69 FHMS K739 A2DTD 11/01/2020 1.336% 09/01/2027
3137F64P9 1,433,930.52 AA+ Aa1 10/30/2024 11/4/2024 1,323,865.15 4.14 1,596.44 1,347,634.79 1,359,888.09 FHMS K070 A2DTD 12/01/2017 3.303% 11/01/2027
3137FCJK1 675,000.00 AA+ Aa1 7/29/2024 8/1/2024 649,291.99 4.54 1,857.94 655,980.84 663,554.70 FHMS K074 A2DTD 03/01/2018 3.600% 01/01/2028
3137F4D41 800,000.00 AA+ Aa1 2/27/2025 3/4/2025 782,843.75 4.39 2,400.00 784,655.40 790,820.00 FHMS K075 A2DTD 04/01/2018 3.650% 02/01/2028
3137F4X72 1,000,000.00 AA+ Aa1 3/5/2025 3/10/2025 982,539.06 4.28 3,041.67 984,249.72 989,404.00 FHMS K076 A2DTD 05/01/2018 3.900% 04/01/2028
3137FEZU7 275,000.00 AA+ Aa1 3/26/2025 3/31/2025 271,283.20 4.38 893.75 271,477.15 273,751.23 FHMS K076 A2DTD 05/01/2018 3.900% 04/01/2028
3137FEZU7 900,000.00 AA+ Aa1 3/4/2025 3/7/2025 890,085.94 4.27 2,925.00 891,025.69 895,913.10 FHMS K743 A2DTD 06/01/2021 1.770% 05/01/2028
3137H14B9 875,000.00 AA+ Aa1 5/22/2025 5/28/2025 813,715.82 4.32 1,290.63 813,879.58 821,521.75 FHMS K077 A2DTD 06/01/2018 3.850% 05/01/2028
3137FG6X8 825,000.00 AA+ Aa1 6/6/2025 6/11/2025 813,430.66 4.35 2,646.88 813,634.77 820,202.63 32 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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 K079 A2DTD 08/01/2018 3.926% 06/01/2028
3137FGZT5 975,000.00 AA+ Aa1 4/16/2025 4/22/2025 965,288.09 4.26 3,189.88 965,836.05 971,862.45 Security Type Sub-Total 21,536,450.01 20,685,861.40 4.48 54,648.79 21,037,205.23 21,163,801.12 ABS
HAROT 2022-1 A3DTD 02/23/2022 1.880% 05/15/2026
43815BAC4 22,021.99 AAA Aaa 2/15/2022 2/23/2022 22,018.67 1.88 18.40 22,021.30 21,977.28 BMWOT 2022-A A3DTD 05/18/2022 3.210% 08/25/2026
05602RAD3 35,780.71 AAA Aaa 5/10/2022 5/18/2022 35,778.85 3.21 19.14 35,780.21 35,715.70 COPAR 2021-1 A3DTD 10/27/2021 0.770% 09/15/2026
14044CAC6 5,090.33 NR Aaa 10/19/2021 10/27/2021 5,090.23 0.77 1.74 5,090.31 5,082.18 TAOT 2022-B A3DTD 04/13/2022 2.930% 09/15/2026
89238FAD5 62,368.38 AAA Aaa 4/7/2022 4/13/2022 62,366.93 2.93 81.22 62,367.99 62,211.78 GMCAR 2021-4 A3DTD 10/21/2021 0.680% 09/16/2026
362554AC1 907.35 AAA Aaa 10/13/2021 10/21/2021 907.33 0.68 0.26 907.34 905.92 KCOT 2022-1A A3DTD 03/23/2022 2.670% 10/15/2026
50117EAC8 172,554.57 NR Aaa 3/15/2022 3/23/2022 172,529.89 2.69 204.76 172,547.59 171,797.40 GMCAR 2022-1 A3DTD 01/19/2022 1.260% 11/16/2026
380146AC4 10,006.62 AAA NR 1/11/2022 1/19/2022 10,005.75 1.26 5.25 10,006.38 9,992.40 HART 2022-B A3DTD 07/20/2022 3.720% 11/16/2026
44918MAD2 84,120.43 AAA NR 7/12/2022 7/20/2022 84,120.39 3.72 139.08 84,120.42 84,016.54 KCOT 2022-2A A3DTD 07/21/2022 4.090% 12/15/2026
50117JAC7 247,207.76 NR Aaa 7/14/2022 7/21/2022 247,162.45 4.09 449.37 247,192.77 246,831.02 HDMOT 2022-A A3DTD 04/20/2022 3.060% 02/15/2027
41284YAD8 54,983.75 AAA Aaa 4/12/2022 4/20/2022 54,974.59 3.06 74.78 54,980.66 54,912.76 CARMX 2022-2 A3DTD 04/28/2022 3.490% 02/16/2027
14317HAC5 104,229.07 AAA Aaa 4/21/2022 4/28/2022 104,213.22 3.49 161.67 104,223.70 103,987.78 GMCAR 2022-2 A3DTD 04/13/2022 3.100% 02/16/2027
362585AC5 73,634.78 AAA Aaa 4/5/2022 4/13/2022 73,619.39 3.10 95.11 73,629.61 73,378.82 TAOT 2022-C A3DTD 08/16/2022 3.760% 04/15/2027
89231CAD9 105,088.51 AAA NR 8/8/2022 8/16/2022 105,070.94 3.76 175.61 105,081.77 104,771.24 COPAR 2022-1 A3DTD 05/04/2022 3.170% 04/15/2027
14043QAC6 124,399.21 AAA NR 4/26/2022 5/4/2022 124,372.03 3.17 175.26 124,389.38 123,848.12 33 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
Portfolio Holdings
Security Type/DescriptionDated Date/Coupon/Maturity CUSIP Par S&P
Rating
Moody's
Rating
Settle
Date
Original
Cost
Trade
Date
YTM
at Cost
Accrued
Interest
Market
Value
Amortized
Cost
ABS
CARMX 2022-3 A3DTD 07/20/2022 3.970% 04/15/2027
14318MAD1 255,307.45 AAA NR 7/12/2022 7/20/2022 255,301.42 3.97 450.48 255,305.17 254,744.24 GMCAR 2022-3 A3DTD 07/13/2022 3.640% 04/16/2027
36265WAD5 127,236.08 NR Aaa 7/6/2022 7/13/2022 127,235.21 3.64 192.97 127,235.75 126,990.39 COPAR 2022-2 A3DTD 08/10/2022 3.660% 05/17/2027
14043GAD6 169,775.75 AAA Aaa 8/2/2022 8/10/2022 169,763.60 3.66 276.17 169,770.97 169,213.79 NAROT 2022-B A3DTD 09/28/2022 4.460% 05/17/2027
65480JAC4 214,002.90 AAA Aaa 9/20/2022 9/28/2022 213,958.63 4.46 424.20 213,984.97 213,916.87 ALLYA 2022-2 A3
DTD 10/12/2022 4.760% 05/17/2027
02008MAC3 360,447.89 AAA Aaa 10/4/2022 10/12/2022 360,443.42 4.76 762.55 360,446.07 360,575.85 KCOT 2023-1A A3DTD 03/31/2023 5.020% 06/15/2027
50117KAC4 406,408.15 NR Aaa 3/28/2023 3/31/2023 406,344.55 5.02 906.74 406,378.58 407,632.25 CARMX 2022-4 A3DTD 10/31/2022 5.340% 08/16/2027
14318UAD3 415,335.08 AAA NR 10/26/2022 10/31/2022 415,237.68 5.35 985.73 415,291.89 416,654.19 MBART 2022-1 A3DTD 11/22/2022 5.210% 08/16/2027
58768PAC8 480,927.33 AAA Aaa 11/15/2022 11/22/2022 480,832.20 5.21 1,113.61 480,884.62 482,403.29 TAOT 2023-A A3DTD 01/30/2023 4.630% 09/15/2027
891940AC2 156,845.66 AAA NR 1/24/2023 1/30/2023 156,845.59 4.63 322.75 156,845.62 156,911.85 HAROT 2023-2 A3DTD 05/30/2023 4.930% 11/15/2027
437927AC0 322,217.27 AAA Aaa 5/23/2023 5/30/2023 322,165.07 4.93 706.01 322,189.50 323,127.53 MBART 2023-1 A3DTD 01/25/2023 4.510% 11/15/2027
58770AAC7 133,204.91 AAA NR 1/18/2023 1/25/2023 133,188.93 4.51 267.00 133,197.02 133,197.72 KCOT 2025-1A A2DTD 02/19/2025 4.610% 12/15/2027
50117FAB7 375,000.00 NR Aaa 2/11/2025 2/19/2025 374,953.13 4.61 768.33 374,959.16 376,026.75 HDMOT 2023-A A3DTD 02/23/2023 5.050% 12/15/2027
41285JAD0 291,963.15 NR Aaa 2/13/2023 2/23/2023 291,933.75 5.05 655.30 291,948.15 292,550.88 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 5.29 915.20 389,943.96 393,208.14 FORDO 2023-A A3DTD 03/31/2023 4.650% 02/15/2028
344928AD8 259,477.44 AAA NR 3/28/2023 3/31/2023 259,450.37 4.65 536.25 259,462.87 259,757.15 BAAT 2023-1A A3DTD 07/31/2023 5.530% 02/15/2028
06428AAC2 303,572.72 NR Aaa 7/25/2023 7/31/2023 303,561.21 5.53 746.11 303,566.07 305,620.92 TAOT 2023-B A3DTD 05/23/2023 4.710% 02/15/2028
891941AD8 498,354.31 NR Aaa 5/16/2023 5/23/2023 498,326.45 4.71 1,043.22 498,338.86 499,248.86 34 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
Portfolio Holdings
Security Type/DescriptionDated Date/Coupon/Maturity CUSIP Par S&P
Rating
Moody's
Rating
Settle
Date
Original
Cost
Trade
Date
YTM
at Cost
Accrued
Interest
Market
Value
Amortized
Cost
ABS
GMCAR 2023-2 A3DTD 04/12/2023 4.470% 02/16/2028
362583AD8 277,034.26 AAA Aaa 4/4/2023 4/12/2023 277,026.64 4.47 515.98 277,030.13 276,961.67 BMWOT 2023-A A3DTD 07/18/2023 5.470% 02/25/2028
05592XAD2 184,342.25 AAA NR 7/11/2023 7/18/2023 184,309.59 5.47 168.06 184,323.45 185,433.19 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 4.87 822.49 379,980.32 381,942.56 FORDO 2023-B A3DTD 06/26/2023 5.230% 05/15/2028
344930AD4 381,098.15 AAA NR 6/21/2023 6/26/2023 381,093.01 5.23 885.84 381,095.13 383,169.80 ALLYA 2023-1 A3
DTD 07/19/2023 5.460% 05/15/2028
02007WAC2 439,328.68 NR Aaa 7/11/2023 7/19/2023 439,253.77 5.48 1,066.10 439,284.06 442,403.54 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 5.67 393.75 249,970.66 252,654.75 BMWLT 2025-1 A3DTD 06/10/2025 4.430% 06/26/2028
096912AD2 315,000.00 AAA NR 6/3/2025 6/10/2025 314,993.07 4.43 814.01 314,993.84 316,767.47 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 5.19 934.20 404,989.76 410,030.50 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 5.54 492.44 199,985.70 202,335.40 FITAT 2023-1 A3DTD 08/23/2023 5.530% 08/15/2028
31680EAD3 727,814.68 AAA Aaa 8/15/2023 8/23/2023 727,769.56 5.53 1,788.81 727,786.38 733,477.08 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 5.78 818.83 339,953.45 343,911.70 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 5.54 590.93 239,978.38 242,602.80 PILOT 2025-1A A3DTD 05/21/2025 4.610% 10/20/2028
73329KAD8 200,000.00 AAA NR 5/14/2025 5/21/2025 199,978.58 4.61 281.72 199,979.82 201,751.80 BAAT 2024-1A A3DTD 05/22/2024 5.350% 11/15/2028
09709AAC6 170,000.00 NR Aaa 5/14/2024 5/22/2024 169,972.32 5.35 404.22 169,979.06 171,616.02 BACCT 2023-A2 A2DTD 12/14/2023 4.980% 11/15/2028
05522RDH8 265,000.00 NR Aaa 12/7/2023 12/14/2023 264,964.41 4.98 586.53 264,975.37 267,781.71 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 1,192.27 509,990.56 518,842.38 NAROT 2024-A A3DTD 05/22/2024 5.280% 12/15/2028
65479UAD0 1,180,000.00 NR Aaa 5/14/2024 5/22/2024 1,179,889.79 5.28 2,769.07 1,179,914.45 1,193,383.56 35 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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
CHAIT 2024-A1 ADTD 01/31/2024 4.600% 01/16/2029
161571HV9 1,085,000.00 AAA NR 1/24/2024 1/31/2024 1,084,834.75 4.60 2,218.22 1,084,879.66 1,092,847.80 BMWOT 2024-A A3DTD 06/11/2024 5.180% 02/26/2029
096919AD7 640,000.00 AAA Aaa 6/4/2024 6/11/2024 639,902.78 5.18 552.53 639,923.48 648,021.76 USAOT 2024-A A3DTD 07/30/2024 5.030% 03/15/2029
90327VAC2 320,000.00 AAA Aaa 7/24/2024 7/30/2024 319,940.10 5.03 715.38 319,951.41 322,570.24 GMCAR 2024-2 A3DTD 04/10/2024 5.100% 03/16/2029
379931AD0 310,000.00 AAA Aaa 4/4/2024 4/10/2024 309,940.02 5.10 658.75 309,954.01 312,751.87 FORDO 2024-B A3DTD 06/24/2024 5.100% 04/15/2029
34531QAD1 915,000.00 AAA Aaa 6/18/2024 6/24/2024 914,991.58 5.10 2,074.00 914,993.71 926,544.56 GMCAR 2024-3 A3DTD 07/10/2024 5.130% 04/16/2029
38013KAD2 605,000.00 AAA Aaa 7/2/2024 7/10/2024 604,906.89 5.13 1,293.19 604,925.10 611,131.07 HART 2024-C A3DTD 10/16/2024 4.410% 05/15/2029
448976AD2 520,000.00 AAA NR 10/8/2024 10/16/2024 519,961.94 4.41 1,019.20 519,968.59 522,565.16 AMXCA 2024-3 A
DTD 07/23/2024 4.650% 07/15/2029
02589BAE0 565,000.00 AAA NR 7/16/2024 7/23/2024 564,974.35 4.65 1,167.67 564,979.23 571,569.82 ALLYA 2024-2 A3
DTD 09/27/2024 4.140% 07/16/2029
02007NAC2 300,000.00 AAA NR 9/24/2024 9/27/2024 299,968.98 4.14 552.00 299,974.36 299,697.60 VALET 2024-1 A3DTD 11/26/2024 4.630% 07/20/2029
92868RAD0 255,000.00 AAA Aaa 11/19/2024 11/26/2024 254,975.98 4.63 360.75 254,979.31 257,601.77 TAOT 2025-A A3DTD 01/29/2025 4.640% 08/15/2029
89240JAD3 685,000.00 NR Aaa 1/22/2025 1/29/2025 684,972.53 4.64 1,412.62 684,976.91 691,245.83 GMCAR 2024-4 A3DTD 10/16/2024 4.400% 08/16/2029
38014AAD3 415,000.00 AAA Aaa 10/8/2024 10/16/2024 414,920.07 4.40 760.83 414,931.24 416,154.95 VALET 2025-1 A3DTD 03/25/2025 4.500% 08/20/2029
92868MAD1 1,005,000.00 NR Aaa 3/18/2025 3/25/2025 1,004,965.83 4.50 1,381.88 1,004,969.71 1,012,346.55 CHAOT 2024-5A A3DTD 09/24/2024 4.180% 08/27/2029
16144QAC9 295,000.00 AAA NR 9/13/2024 9/24/2024 294,968.97 4.18 205.52 294,974.16 294,653.67 COMET 2024-A1 ADTD 09/24/2024 3.920% 09/15/2029
14041NGE5 1,055,000.00 AAA NR 9/17/2024 9/24/2024 1,054,794.06 3.92 1,838.04 1,054,824.39 1,051,661.98 KCOT 2025-2A A3DTD 06/25/2025 4.420% 09/17/2029
50117LAC2 280,000.00 NR Aaa 6/17/2025 6/25/2025 279,999.72 4.42 206.27 280,000.00 280,115.50 FORDO 2025-A A3DTD 03/25/2025 4.450% 10/15/2029
34535KAD0 1,215,000.00 AAA Aaa 3/18/2025 3/25/2025 1,214,881.90 4.45 2,403.00 1,214,891.08 1,218,522.29 36 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
Portfolio Holdings
Security Type/DescriptionDated Date/Coupon/Maturity CUSIP Par S&P
Rating
Moody's
Rating
Settle
Date
Original
Cost
Trade
Date
YTM
at Cost
Accrued
Interest
Market
Value
Amortized
Cost
ABS
HAROT 2025-2 A3DTD 05/08/2025 4.150% 10/15/2029
437921AD1 250,000.00 NR Aaa 4/29/2025 5/8/2025 249,972.07 4.15 461.11 249,973.52 250,464.50 HART 2025-A A3DTD 03/12/2025 4.320% 10/15/2029
44935CAD3 985,000.00 AAA NR 3/4/2025 3/12/2025 984,854.71 4.32 1,891.20 984,865.26 988,693.75 WFCIT 2024-A2 ADTD 10/24/2024 4.290% 10/15/2029
92970QAE5 515,000.00 AAA Aaa 10/17/2024 10/24/2024 514,923.47 4.29 981.93 514,933.54 517,354.58 TAOT 2025-B A3DTD 04/30/2025 4.340% 11/15/2029
89231HAD8 445,000.00 AAA NR 4/24/2025 4/30/2025 444,974.50 4.34 858.36 444,977.00 447,682.02 BAAT 2025-1A A3DTD 05/12/2025 4.350% 11/20/2029
05594BAD8 230,000.00 NR Aaa 5/6/2025 5/12/2025 229,984.13 4.35 305.71 229,985.33 231,027.64 GMCAR 2025-1 A3DTD 01/15/2025 4.620% 12/17/2029
362955AD8 485,000.00 NR Aaa 1/9/2025 1/15/2025 484,963.96 4.62 995.87 484,968.79 489,291.77 NAROT 2025-A A3DTD 05/27/2025 4.490% 12/17/2029
65481GAD7 990,000.00 NR Aaa 5/20/2025 5/27/2025 989,809.92 4.49 1,975.60 989,816.23 999,829.71 MBART 2025-1 A3DTD 01/23/2025 4.780% 12/17/2029
58773DAD6 620,000.00 NR Aaa 1/14/2025 1/23/2025 619,868.13 4.78 1,317.16 619,880.66 628,116.42 VZMT 2025-3 A1ADTD 03/31/2025 4.510% 03/20/2030
92348KDY6 905,000.00 NR Aaa 3/25/2025 3/31/2025 904,961.09 4.51 1,247.14 904,965.43 908,881.55 AMXCA 2025-2 A
DTD 05/13/2025 4.280% 04/15/2030
02582JKP4 1,045,000.00 AAA NR 5/6/2025 5/13/2025 1,044,981.09 4.28 1,987.82 1,044,981.93 1,051,236.56 BACCT 2025-A1 ADTD 06/12/2025 4.310% 05/15/2030
05522RDK1 455,000.00 AAA NR 6/5/2025 6/12/2025 454,998.27 4.31 1,035.00 455,000.00 458,012.56 WFCIT 2025-A1 ADTD 06/10/2025 4.340% 05/15/2030
92970QAJ4 730,000.00 AAA NR 6/3/2025 6/10/2025 729,987.88 4.34 1,848.12 729,990.40 735,607.13 CCCIT 2025-A1 ADTD 06/26/2025 4.300% 06/21/2030
17305EHA6 825,000.00 AAA Aaa 6/18/2025 6/26/2025 824,776.18 4.31 492.71 824,776.89 829,678.58 Security Type Sub-Total 31,672,087.56 31,668,651.18 4.68 61,417.10 31,669,510.51 31,862,154.73 Managed Account Sub Total 161,063,537.58 159,959,158.85 1,317,031.98 161,664,740.40Securities Sub TotalAccrued Interest $161,063,537.58 $159,959,158.85 $1,317,031.98 $161,664,740.40 $1,317,031.98
160,421,309.75
$160,421,309.75

4.48 4.48%
Total Investments $162,981,772.38
37 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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)
BUY4/7/2025 4/10/2025 1,600,000.00 91282CMS7 US TREASURY N/B 3.87% 3/15/2028 1,612,130.43 3.70%4/8/2025 4/11/2025 800,000.00 3137F2LJ3 FHMS K066 A2 3.11% 6/1/2027 782,630.17 4.18%4/9/2025 4/10/2025 775,000.00 478160DH4 JOHNSON & JOHNSON (CALLABLE) 4.55% 3/1/2028 786,167.32 4.25%4/14/2025 4/17/2025 215,000.00 61747YFY6 MORGAN STANLEY (CALLABLE) 4.99% 4/12/2029 215,000.00 4.99%4/14/2025 4/22/2025 250,000.00 06405LAH4 BANK OF NEW YORK MELLON (CALLABLE) 4.72% 4/20/2029 250,000.00 4.73%4/16/2025 4/22/2025 975,000.00 3137FGZT5 FHMS K079 A2 3.92% 6/1/2028 967,521.00 4.26%4/21/2025 4/25/2025 540,000.00 025816ED7 AMERICAN EXPRESS CO (CALLABLE) 4.73% 4/25/2029 540,000.00 4.73%4/22/2025 4/24/2025 235,000.00 857477DA8 STATE STREET CORP (CALLABLE) 4.54% 4/24/2028 235,000.00 4.54%4/23/2025 4/28/2025 330,000.00 931142FL2 WALMART INC 4.10% 4/28/2027 329,957.10 4.11%4/24/2025 4/30/2025 445,000.00 89231HAD8 TAOT 2025-B A3 4.34% 11/15/2029 444,974.50 4.34%4/24/2025 5/13/2025 500,000.00 544647KX7 LOS ANGELES UNIF SD-B 4.38% 7/1/2027 500,000.00 4.38%4/28/2025 5/2/2025 475,000.00 17252MAR1 CINTAS CORPORATION NO. 2 (CALLABLE) 4.20% 5/1/2028 474,392.00 4.25%4/29/2025 5/8/2025 250,000.00 437921AD1 HAROT 2025-2 A3 4.15% 10/15/2029 249,972.07 4.15%5/1/2025 5/7/2025 650,000.00 172967PZ8 CITIGROUP INC (CALLABLE) 4.64% 5/7/2028 650,000.00 4.64%5/5/2025 5/12/2025 1,000,000.00 037833EY2 APPLE INC (CALLABLE) 4.00% 5/12/2028 998,040.00 4.07%5/6/2025 5/9/2025 80,000.00 231021AY2 CUMMINS INC (CALLABLE) 4.25% 5/9/2028 79,944.00 4.28%5/6/2025 5/12/2025 230,000.00 05594BAD8 BAAT 2025-1A A3 4.35% 11/20/2029 229,984.13 4.35% 38 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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)
BUY5/6/2025 5/13/2025 1,045,000.00 02582JKP4 AMXCA 2025-2 A 4.28% 4/15/2030 1,044,981.09 4.28%5/7/2025 5/15/2025 2,000,000.00 91282CND9 US TREASURY N/B 3.75% 5/15/2028 1,998,593.75 3.78%5/12/2025 5/15/2025 640,000.00 89236TNG6 TOYOTA MOTOR CREDIT CORP 4.50% 5/14/2027 639,712.00 4.52%5/13/2025 5/20/2025 380,000.00 637639AN5 NATIONAL SECS CLEARING 4.35% 5/20/2027 379,661.80 4.40%5/14/2025 5/21/2025 200,000.00 73329KAD8 PILOT 2025-1A A3 4.61% 10/20/2028 199,978.58 4.61%5/20/2025 5/27/2025 990,000.00 65481GAD7 NAROT 2025-A A3 4.49% 12/17/2029 989,809.92 4.49%5/22/2025 5/28/2025 875,000.00 3137H14B9 FHMS K743 A2 1.77% 5/1/2028 814,877.38 4.32%5/27/2025 6/3/2025 230,000.00 40428HR95 HSBC USA INC 4.65% 6/3/2028 229,891.90 4.67%6/2/2025 6/5/2025 380,000.00 24422EYD5 JOHN DEERE CAPITAL CORP 4.25% 6/5/2028 379,661.80 4.28%6/3/2025 6/10/2025 375,000.00 06406RCH8 BANK OF NY MELLON CORP (CALLABLE) 4.44% 6/9/2028 375,000.00 4.44%6/3/2025 6/10/2025 315,000.00 096912AD2 BMWLT 2025-1 A3 4.43% 6/26/2028 314,993.07 4.43%6/3/2025 6/10/2025 730,000.00 92970QAJ4 WFCIT 2025-A1 A 4.34% 5/15/2030 729,987.88 4.34%6/3/2025 6/13/2025 760,000.00 632525CJ8 NATIONAL AUSTRALIA BK/NY 4.30% 6/13/2028 760,000.00 4.31%6/4/2025 6/9/2025 850,000.00 3137FAWS3 FHMS K067 A2 3.19% 7/1/2027 832,607.22 4.23%6/5/2025 6/10/2025 205,000.00 87612EBU9 TARGET CORP (CALLABLE) 4.35% 6/15/2028 204,997.95 4.35%6/5/2025 6/12/2025 455,000.00 05522RDK1 BACCT 2025-A1 A 4.31% 5/15/2030 454,998.27 4.31%6/5/2025 6/10/2025 1,500,000.00 91282CND9 US TREASURY N/B 3.75% 5/15/2028 1,497,880.43 3.90% 39 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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)
BUY6/6/2025 6/11/2025 825,000.00 3137FG6X8 FHMS K077 A2 3.85% 5/1/2028 814,312.95 4.35%6/9/2025 6/10/2025 2,000,000.00 91282CND9 US TREASURY N/B 3.75% 5/15/2028 1,990,923.91 4.01%6/9/2025 6/11/2025 750,000.00 009158BN5 AIR PRODUCTS & CHEMICALS (CALLABLE) 4.30% 6/11/2028 749,497.50 4.32%6/10/2025 6/18/2025 800,000.00 05253JB75 AUST & NZ BANKING GRP NY 4.36% 6/18/2028 800,000.00 4.36%6/12/2025 6/16/2025 890,000.00 032654BD6 ANALOG DEVICES INC (CALLABLE) 4.25% 6/15/2028 889,038.80 4.29%6/17/2025 6/25/2025 280,000.00 50117LAC2 KCOT 2025-2A A3 4.42% 9/17/2029 279,999.72 4.42%6/18/2025 6/26/2025 825,000.00 17305EHA6 CCCIT 2025-A1 A 4.30% 6/21/2030 824,776.18 4.31% Total BUY 27,650,000.00 27,541,894.82 0.00
CALL4/26/2025 4/26/2025 700,000.00 46647PCZ7 JPMORGAN CHASE & CO (CALLABLE) 4.08% 4/26/2026 700,000.00 4.08% Total CALL 700,000.00 700,000.00 0.00
INTEREST4/1/2025 4/1/2025 MONEY0002 MONEY MARKET FUND 0.00% 1,953.714/1/2025 4/25/2025 3137BVZ82 FHMS K063 A2 3.43% 1/1/2027 1,715.004/1/2025 4/25/2025 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 3,158.724/1/2025 4/25/2025 3137F1G44 FHMS K065 A2 3.24% 4/1/2027 1,756.634/1/2025 4/25/2025 3136BTGM9 FNA 2024-M6 A2 2.90% 7/1/2027 2,942.02 40 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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)
INTEREST4/1/2025 4/25/2025 3137F4D41 FHMS K074 A2 3.60% 1/1/2028 2,400.004/1/2025 4/25/2025 3137FNWX4 FHMS K736 A2 2.28% 7/1/2026 1,370.324/1/2025 4/25/2025 3137FLN34 FHMS K734 A2 3.20% 2/1/2026 1,847.754/1/2025 4/25/2025 3137BN6G4 FHMS K053 A2 2.99% 12/1/2025 2,435.874/1/2025 4/25/2025 3137BSRE5 FHMS K059 A2 3.12% 9/1/2026 3,250.004/1/2025 4/25/2025 3137FBBX3 FHMS K068 A2 3.24% 8/1/2027 2,162.674/1/2025 4/25/2025 3137F4X72 FHMS K075 A2 3.65% 2/1/2028 3,041.674/1/2025 4/25/2025 3137BSP72 FHMS K058 A2 2.65% 8/1/2026 1,658.134/1/2025 4/25/2025 3137FBU79 FHMS K069 A2 3.18% 9/1/2027 2,095.674/1/2025 4/25/2025 3137BNGT5 FHMS K054 A2 2.74% 1/1/2026 969.124/1/2025 4/25/2025 3137F64P9 FHMS K739 A2 1.33% 9/1/2027 1,614.334/1/2025 4/25/2025 3137FEZU7 FHMS K076 A2 3.90% 4/1/2028 3,818.754/1/2025 4/25/2025 3137BM7C4 FHMS K051 A2 3.30% 9/1/2025 1,547.074/1/2025 4/25/2025 3137FCJK1 FHMS K070 A2 3.30% 11/1/2027 1,857.944/1/2025 4/25/2025 3137BTUM1 FHMS K061 A2 3.34% 11/1/2026 1,405.214/1/2025 4/25/2025 3136ARTE8 FNA 2016-M3 A2 2.70% 2/1/2026 1,399.114/1/2025 4/25/2025 3137BRQJ7 FHMS K057 A2 2.57% 7/1/2026 2,730.63 41 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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)
INTEREST4/4/2025 4/4/2025 00440KAA1 ACCENTURE CAPITAL INC (CALLABLE) 3.90% 10/4/2027 4,582.504/4/2025 4/4/2025 00724PAE9 ADOBE INC (CALLABLE) 4.85% 4/4/2027 11,155.004/15/2025 4/15/2025 44935CAD3 HART 2025-A A3 4.32% 10/15/2029 3,900.604/15/2025 4/15/2025 44918CAD4 HART 2023-C A3 5.54% 10/16/2028 1,108.004/15/2025 4/15/2025 14318MAD1 CARMX 2022-3 A3 3.97% 4/15/2027 1,198.964/15/2025 4/15/2025 41284YAD8 HDMOT 2022-A A3 3.06% 2/15/2027 367.384/15/2025 4/15/2025 89238FAD5 TAOT 2022-B A3 2.93% 9/15/2026 282.044/15/2025 4/15/2025 362955AD8 GMCAR 2025-1 A3 4.62% 12/17/2029 1,867.254/15/2025 4/15/2025 44918MAD2 HART 2022-B A3 3.72% 11/16/2026 485.894/15/2025 4/15/2025 50117JAC7 KCOT 2022-2A A3 4.09% 12/15/2026 1,247.664/15/2025 4/15/2025 500945AC4 KCOT 2023-2A A3 5.28% 1/18/2028 1,716.004/15/2025 4/15/2025 65479UAD0 NAROT 2024-A A3 5.28% 12/15/2028 5,192.004/15/2025 4/15/2025 50117EAC8 KCOT 2022-1A A3 2.67% 10/15/2026 638.324/15/2025 4/15/2025 02008MAC3 ALLYA 2022-2 A3 4.76% 5/17/2027 2,067.034/15/2025 4/15/2025 344930AD4 FORDO 2023-B A3 5.23% 5/15/2028 1,808.714/15/2025 4/15/2025 89240JAD3 TAOT 2025-A A3 4.64% 8/15/2029 2,648.674/15/2025 4/15/2025 02582JJZ4 AMXCA 2023-1 A 4.87% 5/15/2028 1,542.17 42 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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)
INTEREST4/15/2025 4/15/2025 43815BAC4 HAROT 2022-1 A3 1.88% 5/15/2026 103.584/15/2025 4/15/2025 50117DAC0 KCOT 2024-2A A3 5.26% 11/15/2028 2,235.504/15/2025 4/15/2025 05522RDH8 BACCT 2023-A2 A2 4.98% 11/15/2028 1,099.754/15/2025 4/15/2025 65480JAC4 NAROT 2022-B A3 4.46% 5/17/2027 1,043.174/15/2025 4/15/2025 58768PAC8 MBART 2022-1 A3 5.21% 8/16/2027 2,796.704/15/2025 4/15/2025 05522RDG0 BACCT 2023-A1 A1 4.79% 5/15/2028 977.964/15/2025 4/15/2025 891941AD8 TAOT 2023-B A3 4.71% 2/15/2028 2,315.754/15/2025 4/15/2025 89238JAC9 TAOT 2021-D A3 0.71% 4/15/2026 14.764/15/2025 4/15/2025 91282CLQ2 US TREASURY N/B 3.87% 10/15/2027 76,531.254/15/2025 4/15/2025 06428AAC2 BAAT 2023-1A A3 5.53% 2/15/2028 1,724.224/15/2025 4/15/2025 34535KAD0 FORDO 2025-A A3 4.45% 10/15/2029 3,003.754/15/2025 4/15/2025 344928AD8 FORDO 2023-A A3 4.65% 2/15/2028 1,257.754/15/2025 4/15/2025 91282CKJ9 US TREASURY N/B 4.50% 4/15/2027 72,000.004/15/2025 4/15/2025 50117KAC4 KCOT 2023-1A A3 5.02% 6/15/2027 2,096.514/15/2025 4/15/2025 34531QAD1 FORDO 2024-B A3 5.10% 4/15/2029 3,888.754/15/2025 4/15/2025 14317DAC4 CARMX 2021-3 A3 0.55% 6/15/2026 21.714/15/2025 4/15/2025 437927AC0 HAROT 2023-2 A3 4.93% 11/15/2027 1,499.54 43 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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)
INTEREST4/15/2025 4/15/2025 89231CAD9 TAOT 2022-C A3 3.76% 4/15/2027 450.564/15/2025 4/15/2025 161571HV9 CHAIT 2024-A1 A 4.60% 1/16/2029 4,159.174/15/2025 4/15/2025 14043QAC6 COPAR 2022-1 A3 3.17% 4/15/2027 477.764/15/2025 4/15/2025 448976AD2 HART 2024-C A3 4.41% 5/15/2029 1,911.004/15/2025 4/15/2025 14043GAD6 COPAR 2022-2 A3 3.66% 5/17/2027 714.684/15/2025 4/15/2025 50117BAC4 KCOT 2024-1A A3 5.19% 7/17/2028 1,751.634/15/2025 4/15/2025 92970QAE5 WFCIT 2024-A2 A 4.29% 10/15/2029 1,841.134/15/2025 4/15/2025 90327VAC2 USAOT 2024-A A3 5.03% 3/15/2029 1,341.334/15/2025 4/15/2025 345286AC2 FORDO 2022-A A3 1.29% 6/15/2026 15.364/15/2025 4/15/2025 02007WAC2 ALLYA 2023-1 A3 5.46% 5/15/2028 2,343.254/15/2025 4/15/2025 931142FA6 WALMART INC (CALLABLE) 4.00% 4/15/2026 3,200.004/15/2025 4/15/2025 98163KAC6 WOART 2021-D A3 0.81% 10/15/2026 25.824/15/2025 4/15/2025 02589BAE0 AMXCA 2024-3 A 4.65% 7/15/2029 2,189.384/15/2025 4/15/2025 41285JAD0 HDMOT 2023-A A3 5.05% 12/15/2027 1,594.244/15/2025 4/15/2025 09709AAC6 BAAT 2024-1A A3 5.35% 11/15/2028 757.924/15/2025 4/15/2025 14318UAD3 CARMX 2022-4 A3 5.34% 8/16/2027 2,430.424/15/2025 4/15/2025 14041NGE5 COMET 2024-A1 A 3.92% 9/15/2029 3,446.33 44 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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)
INTEREST4/15/2025 4/15/2025 91282CJC6 US TREASURY N/B 4.62% 10/15/2026 32,953.134/15/2025 4/15/2025 31680EAD3 FITAT 2023-1 A3 5.53% 8/15/2028 3,640.584/15/2025 4/15/2025 02582JJT8 AMXCA 2022-2 A 3.39% 5/15/2027 3,079.254/15/2025 4/15/2025 50117FAB7 KCOT 2025-1A A2 4.61% 12/15/2027 1,440.634/15/2025 4/15/2025 58770AAC7 MBART 2023-1 A3 4.51% 11/15/2027 647.624/15/2025 4/15/2025 891940AC2 TAOT 2023-A A3 4.63% 9/15/2027 760.474/15/2025 4/15/2025 254683CY9 DCENT 2023-A1 A 4.31% 3/15/2028 1,652.174/15/2025 4/15/2025 91324PEY4 UNITEDHEALTH GROUP INC (CALLABLE) 4.60% 4/15/2027 23,000.004/15/2025 4/15/2025 14044CAC6 COPAR 2021-1 A3 0.77% 9/15/2026 29.124/15/2025 4/15/2025 02007NAC2 ALLYA 2024-2 A3 4.14% 7/16/2029 1,035.004/15/2025 4/15/2025 14317HAC5 CARMX 2022-2 A3 3.49% 2/16/2027 502.454/15/2025 4/15/2025 89239FAD4 TAOT 2023-D A3 5.54% 8/15/2028 923.334/15/2025 4/15/2025 58773DAD6 MBART 2025-1 A3 4.78% 12/17/2029 2,469.674/16/2025 4/16/2025 38013KAD2 GMCAR 2024-3 A3 5.13% 4/16/2029 2,586.384/16/2025 4/16/2025 379931AD0 GMCAR 2024-2 A3 5.10% 3/16/2029 1,317.504/16/2025 4/16/2025 38014AAD3 GMCAR 2024-4 A3 4.40% 8/16/2029 1,521.674/16/2025 4/16/2025 362554AC1 GMCAR 2021-4 A3 0.68% 9/16/2026 21.04 45 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
Portfolio Activity
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
INTEREST4/16/2025 4/16/2025 362585AC5 GMCAR 2022-2 A3 3.10% 2/16/2027 309.904/16/2025 4/16/2025 362583AD8 GMCAR 2023-2 A3 4.47% 2/16/2028 1,303.144/16/2025 4/16/2025 379930AD2 GMCAR 2023-4 A3 5.78% 8/16/2028 1,637.674/16/2025 4/16/2025 36265WAD5 GMCAR 2022-3 A3 3.64% 4/16/2027 611.574/16/2025 4/16/2025 380146AC4 GMCAR 2022-1 A3 1.26% 11/16/2026 50.134/20/2025 4/20/2025 92348KDY6 VZMT 2025-3 A1A 4.51% 3/20/2030 2,267.534/20/2025 4/20/2025 92868RAD0 VALET 2024-1 A3 4.63% 7/20/2029 983.884/20/2025 4/20/2025 92868MAD1 VALET 2025-1 A3 4.50% 8/20/2029 3,266.254/20/2025 4/20/2025 92868KAC7 VALET 2021-1 A3 1.02% 6/22/2026 6.294/21/2025 4/21/2025 438123AC5 HAROT 2023-4 A3 5.67% 6/21/2028 1,181.254/21/2025 4/21/2025 43815GAC3 HAROT 2021-4 A3 0.88% 1/21/2026 16.144/22/2025 4/22/2025 949746RW3 WELLS FARGO & COMPANY 3.00% 4/22/2026 9,750.004/25/2025 4/25/2025 05592XAD2 BMWOT 2023-A A3 5.47% 2/25/2028 1,054.184/25/2025 4/25/2025 096919AD7 BMWOT 2024-A A3 5.18% 2/26/2029 2,762.674/25/2025 4/25/2025 16144QAC9 CHAOT 2024-5A A3 4.18% 8/27/2029 1,027.584/25/2025 4/25/2025 05602RAD3 BMWOT 2022-A A3 3.21% 8/25/2026 220.024/26/2025 4/26/2025 46647PCZ7 JPMORGAN CHASE & CO (CALLABLE) 4.08% 4/26/2026 14,280.00 46 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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)
INTEREST4/28/2025 4/28/2025 89788MAJ1 TRUIST FINANCIAL CORP (CALLABLE) 5.90% 10/28/2026 14,602.504/30/2025 4/30/2025 91282CLS8 US TREASURY N/B 4.12% 10/31/2026 20,625.004/30/2025 4/30/2025 17325FBF4 CITIBANK NA (CALLABLE) 5.43% 4/30/2026 8,157.004/30/2025 4/30/2025 63743HFF4 NATIONAL RURAL UTIL COOP 5.45% 10/30/2025 3,678.755/1/2025 5/1/2025 MONEY0002 MONEY MARKET FUND 0.00% 1,062.065/1/2025 5/25/2025 3137BTUM1 FHMS K061 A2 3.34% 11/1/2026 1,402.385/1/2025 5/25/2025 3137FGZT5 FHMS K079 A2 3.92% 6/1/2028 3,189.885/1/2025 5/25/2025 3137FEZU7 FHMS K076 A2 3.90% 4/1/2028 3,818.755/1/2025 5/25/2025 3137BSP72 FHMS K058 A2 2.65% 8/1/2026 1,658.135/1/2025 5/25/2025 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 3,157.115/1/2025 5/25/2025 3137F4D41 FHMS K074 A2 3.60% 1/1/2028 2,400.005/1/2025 5/25/2025 3137BVZ82 FHMS K063 A2 3.43% 1/1/2027 1,715.005/1/2025 5/25/2025 3137F64P9 FHMS K739 A2 1.33% 9/1/2027 1,614.335/1/2025 5/25/2025 3137FBU79 FHMS K069 A2 3.18% 9/1/2027 2,092.225/1/2025 5/25/2025 3137FCJK1 FHMS K070 A2 3.30% 11/1/2027 1,857.945/1/2025 5/25/2025 3137F1G44 FHMS K065 A2 3.24% 4/1/2027 1,756.635/1/2025 5/25/2025 3137F2LJ3 FHMS K066 A2 3.11% 6/1/2027 2,078.00 47 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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)
INTEREST5/1/2025 5/25/2025 3137BNGT5 FHMS K054 A2 2.74% 1/1/2026 967.295/1/2025 5/25/2025 3137BM7C4 FHMS K051 A2 3.30% 9/1/2025 1,508.415/1/2025 5/25/2025 3136BTGM9 FNA 2024-M6 A2 2.90% 7/1/2027 2,847.075/1/2025 5/25/2025 3136ARTE8 FNA 2016-M3 A2 2.70% 2/1/2026 1,396.905/1/2025 5/25/2025 3137FBBX3 FHMS K068 A2 3.24% 8/1/2027 2,162.675/1/2025 5/25/2025 3137BN6G4 FHMS K053 A2 2.99% 12/1/2025 2,432.505/1/2025 5/25/2025 3137BSRE5 FHMS K059 A2 3.12% 9/1/2026 3,250.005/1/2025 5/25/2025 3137F4X72 FHMS K075 A2 3.65% 2/1/2028 3,041.675/1/2025 5/25/2025 3137BRQJ7 FHMS K057 A2 2.57% 7/1/2026 2,727.315/1/2025 5/25/2025 3137FLN34 FHMS K734 A2 3.20% 2/1/2026 1,845.825/1/2025 5/25/2025 3137FNWX4 FHMS K736 A2 2.28% 7/1/2026 1,383.055/4/2025 5/4/2025 857477BX0 STATE STREET CORP (CALLABLE) 5.75% 11/4/2026 5,894.785/13/2025 5/13/2025 63743HFK3 NATIONAL RURAL UTIL COOP (CALLABLE) 5.60% 11/13/2026 5,600.005/13/2025 5/13/2025 771196CE0 ROCHE HOLDINGS INC (CALLABLE) 5.26% 11/13/2026 20,138.635/15/2025 5/15/2025 362955AD8 GMCAR 2025-1 A3 4.62% 12/17/2029 1,867.255/15/2025 5/15/2025 02007WAC2 ALLYA 2023-1 A3 5.46% 5/15/2028 2,266.035/15/2025 5/15/2025 14317DAC4 CARMX 2021-3 A3 0.55% 6/15/2026 8.66 48 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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)
INTEREST5/15/2025 5/15/2025 50117DAC0 KCOT 2024-2A A3 5.26% 11/15/2028 2,235.505/15/2025 5/15/2025 14043GAD6 COPAR 2022-2 A3 3.66% 5/17/2027 643.855/15/2025 5/15/2025 89231HAD8 TAOT 2025-B A3 4.34% 11/15/2029 804.715/15/2025 5/15/2025 891940AC2 TAOT 2023-A A3 4.63% 9/15/2027 706.465/15/2025 5/15/2025 31680EAD3 FITAT 2023-1 A3 5.53% 8/15/2028 3,640.585/15/2025 5/15/2025 58770AAC7 MBART 2023-1 A3 4.51% 11/15/2027 595.895/15/2025 5/15/2025 891941AD8 TAOT 2023-B A3 4.71% 2/15/2028 2,224.285/15/2025 5/15/2025 89240JAD3 TAOT 2025-A A3 4.64% 8/15/2029 2,648.675/15/2025 5/15/2025 345286AC2 FORDO 2022-A A3 1.29% 6/15/2026 9.835/15/2025 5/15/2025 09709AAC6 BAAT 2024-1A A3 5.35% 11/15/2028 757.925/15/2025 5/15/2025 14041NGE5 COMET 2024-A1 A 3.92% 9/15/2029 3,446.335/15/2025 5/15/2025 14043QAC6 COPAR 2022-1 A3 3.17% 4/15/2027 426.125/15/2025 5/15/2025 89239FAD4 TAOT 2023-D A3 5.54% 8/15/2028 923.335/15/2025 5/15/2025 500945AC4 KCOT 2023-2A A3 5.28% 1/18/2028 1,716.005/15/2025 5/15/2025 02007NAC2 ALLYA 2024-2 A3 4.14% 7/16/2029 1,035.005/15/2025 5/15/2025 43815BAC4 HAROT 2022-1 A3 1.88% 5/15/2026 79.145/15/2025 5/15/2025 161571HV9 CHAIT 2024-A1 A 4.60% 1/16/2029 4,159.17 49 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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)
INTEREST5/15/2025 5/15/2025 02582JJZ4 AMXCA 2023-1 A 4.87% 5/15/2028 1,542.175/15/2025 5/15/2025 34531QAD1 FORDO 2024-B A3 5.10% 4/15/2029 3,888.755/15/2025 5/15/2025 02589BAE0 AMXCA 2024-3 A 4.65% 7/15/2029 2,189.385/15/2025 5/15/2025 06428AAC2 BAAT 2023-1A A3 5.53% 2/15/2028 1,613.835/15/2025 5/15/2025 44918MAD2 HART 2022-B A3 3.72% 11/16/2026 408.135/15/2025 5/15/2025 65479UAD0 NAROT 2024-A A3 5.28% 12/15/2028 5,192.005/15/2025 5/15/2025 65480JAC4 NAROT 2022-B A3 4.46% 5/17/2027 956.625/15/2025 5/15/2025 58768PAC8 MBART 2022-1 A3 5.21% 8/16/2027 2,546.495/15/2025 5/15/2025 44918CAD4 HART 2023-C A3 5.54% 10/16/2028 1,108.005/15/2025 5/15/2025 02008MAC3 ALLYA 2022-2 A3 4.76% 5/17/2027 1,845.075/15/2025 5/15/2025 50117EAC8 KCOT 2022-1A A3 2.67% 10/15/2026 551.435/15/2025 5/15/2025 89231CAD9 TAOT 2022-C A3 3.76% 4/15/2027 408.735/15/2025 5/15/2025 05522RDH8 BACCT 2023-A2 A2 4.98% 11/15/2028 1,099.755/15/2025 5/15/2025 50117BAC4 KCOT 2024-1A A3 5.19% 7/17/2028 1,751.635/15/2025 5/15/2025 344928AD8 FORDO 2023-A A3 4.65% 2/15/2028 1,171.595/15/2025 5/15/2025 92970QAE5 WFCIT 2024-A2 A 4.29% 10/15/2029 1,841.135/15/2025 5/15/2025 02582JJT8 AMXCA 2022-2 A 3.39% 5/15/2027 3,079.25 50 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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)
INTEREST5/15/2025 5/15/2025 89238JAC9 TAOT 2021-D A3 0.71% 4/15/2026 5.615/15/2025 5/15/2025 437927AC0 HAROT 2023-2 A3 4.93% 11/15/2027 1,499.545/15/2025 5/15/2025 44935CAD3 HART 2025-A A3 4.32% 10/15/2029 3,546.005/15/2025 5/15/2025 14318MAD1 CARMX 2022-3 A3 3.97% 4/15/2027 1,074.695/15/2025 5/15/2025 41285JAD0 HDMOT 2023-A A3 5.05% 12/15/2027 1,471.755/15/2025 5/15/2025 50117KAC4 KCOT 2023-1A A3 5.02% 6/15/2027 1,960.755/15/2025 5/15/2025 344930AD4 FORDO 2023-B A3 5.23% 5/15/2028 1,808.715/15/2025 5/15/2025 448976AD2 HART 2024-C A3 4.41% 5/15/2029 1,911.005/15/2025 5/15/2025 50117FAB7 KCOT 2025-1A A2 4.61% 12/15/2027 1,440.635/15/2025 5/15/2025 34535KAD0 FORDO 2025-A A3 4.45% 10/15/2029 4,505.635/15/2025 5/15/2025 91282CJK8 US TREASURY N/B 4.62% 11/15/2026 194,250.005/15/2025 5/15/2025 254683CY9 DCENT 2023-A1 A 4.31% 3/15/2028 1,652.175/15/2025 5/15/2025 58773DAD6 MBART 2025-1 A3 4.78% 12/17/2029 2,469.675/15/2025 5/15/2025 14317HAC5 CARMX 2022-2 A3 3.49% 2/16/2027 433.485/15/2025 5/15/2025 05522RDG0 BACCT 2023-A1 A1 4.79% 5/15/2028 977.965/15/2025 5/15/2025 14318UAD3 CARMX 2022-4 A3 5.34% 8/16/2027 2,229.605/15/2025 5/15/2025 50117JAC7 KCOT 2022-2A A3 4.09% 12/15/2026 1,108.86 51 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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)
INTEREST5/15/2025 5/15/2025 89238FAD5 TAOT 2022-B A3 2.93% 9/15/2026 236.685/15/2025 5/15/2025 91282CKR1 US TREASURY N/B 4.50% 5/15/2027 191,812.505/15/2025 5/15/2025 14044CAC6 COPAR 2021-1 A3 0.77% 9/15/2026 19.815/15/2025 5/15/2025 98163KAC6 WOART 2021-D A3 0.81% 10/15/2026 13.905/15/2025 5/15/2025 41284YAD8 HDMOT 2022-A A3 3.06% 2/15/2027 288.145/15/2025 5/15/2025 91282CLX7 US TREASURY N/B 4.12% 11/15/2027 97,453.135/15/2025 5/15/2025 90327VAC2 USAOT 2024-A A3 5.03% 3/15/2029 1,341.335/16/2025 5/16/2025 362583AD8 GMCAR 2023-2 A3 4.47% 2/16/2028 1,209.375/16/2025 5/16/2025 379930AD2 GMCAR 2023-4 A3 5.78% 8/16/2028 1,637.675/16/2025 5/16/2025 38014AAD3 GMCAR 2024-4 A3 4.40% 8/16/2029 1,521.675/16/2025 5/16/2025 38145GAH3 GOLDMAN SACHS GROUP INC (CALLABLE) 3.50% 11/16/2026 8,750.005/16/2025 5/16/2025 362554AC1 GMCAR 2021-4 A3 0.68% 9/16/2026 13.735/16/2025 5/16/2025 379931AD0 GMCAR 2024-2 A3 5.10% 3/16/2029 1,317.505/16/2025 5/16/2025 362585AC5 GMCAR 2022-2 A3 3.10% 2/16/2027 269.185/16/2025 5/16/2025 380146AC4 GMCAR 2022-1 A3 1.26% 11/16/2026 35.935/16/2025 5/16/2025 36265WAD5 GMCAR 2022-3 A3 3.64% 4/16/2027 533.225/16/2025 5/16/2025 38013KAD2 GMCAR 2024-3 A3 5.13% 4/16/2029 2,586.38 52 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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)
INTEREST5/17/2025 5/17/2025 10373QBY5 BP CAP MARKETS AMERICA (CALLABLE) 5.01% 11/17/2027 20,444.285/18/2025 5/18/2025 89236TKT1 TOYOTA MOTOR CREDIT CORP 4.45% 5/18/2026 11,013.755/20/2025 5/20/2025 92868MAD1 VALET 2025-1 A3 4.50% 8/20/2029 3,768.755/20/2025 5/20/2025 92868RAD0 VALET 2024-1 A3 4.63% 7/20/2029 983.885/20/2025 5/20/2025 92348KDY6 VZMT 2025-3 A1A 4.51% 3/20/2030 3,401.295/20/2025 5/20/2025 05594BAD8 BAAT 2025-1A A3 4.35% 11/20/2029 222.335/21/2025 5/21/2025 438123AC5 HAROT 2023-4 A3 5.67% 6/21/2028 1,181.255/21/2025 5/21/2025 43815GAC3 HAROT 2021-4 A3 0.88% 1/21/2026 5.495/21/2025 5/21/2025 38151LAG5 GOLDMAN SACHS BANK USA (CALLABLE) 5.41% 5/21/2027 12,858.255/25/2025 5/25/2025 05592XAD2 BMWOT 2023-A A3 5.47% 2/25/2028 981.035/25/2025 5/25/2025 096919AD7 BMWOT 2024-A A3 5.18% 2/26/2029 2,762.675/25/2025 5/25/2025 05602RAD3 BMWOT 2022-A A3 3.21% 8/25/2026 176.585/25/2025 5/25/2025 16144QAC9 CHAOT 2024-5A A3 4.18% 8/27/2029 1,027.585/26/2025 5/26/2025 61690U8B9 MORGAN STANLEY BANK NA (CALLABLE) 5.50% 5/26/2028 8,393.605/31/2025 5/31/2025 91282CFZ9 US TREASURY N/B 3.87% 11/30/2027 29,062.506/1/2025 6/1/2025 90327QD97 USAA CAPITAL CORP 5.25% 6/1/2027 18,768.756/1/2025 6/1/2025 369550BN7 GENERAL DYNAMICS CORP (CALLABLE) 1.15% 6/1/2026 3,162.50 53 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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)
INTEREST6/1/2025 6/25/2025 3137FBU79 FHMS K069 A2 3.18% 9/1/2027 2,088.546/1/2025 6/25/2025 3137FLN34 FHMS K734 A2 3.20% 2/1/2026 1,707.016/1/2025 6/25/2025 3137BM7C4 FHMS K051 A2 3.30% 9/1/2025 1,436.406/1/2025 6/25/2025 3137BSP72 FHMS K058 A2 2.65% 8/1/2026 1,658.136/1/2025 6/25/2025 3136BTGM9 FNA 2024-M6 A2 2.90% 7/1/2027 2,941.926/1/2025 6/25/2025 3137FCJK1 FHMS K070 A2 3.30% 11/1/2027 1,857.946/1/2025 6/25/2025 3137F1G44 FHMS K065 A2 3.24% 4/1/2027 1,756.636/1/2025 6/25/2025 3137F64P9 FHMS K739 A2 1.33% 9/1/2027 1,598.106/1/2025 6/25/2025 3137FBBX3 FHMS K068 A2 3.24% 8/1/2027 2,162.676/1/2025 6/25/2025 3137BSRE5 FHMS K059 A2 3.12% 9/1/2026 3,250.006/1/2025 6/25/2025 3137F4D41 FHMS K074 A2 3.60% 1/1/2028 2,400.006/1/2025 6/25/2025 3137FNWX4 FHMS K736 A2 2.28% 7/1/2026 1,359.866/1/2025 6/25/2025 3137F2LJ3 FHMS K066 A2 3.11% 6/1/2027 2,078.006/1/2025 6/25/2025 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 3,155.376/1/2025 6/25/2025 3137FEZU7 FHMS K076 A2 3.90% 4/1/2028 3,818.756/1/2025 6/25/2025 3137BNGT5 FHMS K054 A2 2.74% 1/1/2026 943.496/1/2025 6/25/2025 3137H14B9 FHMS K743 A2 1.77% 5/1/2028 1,290.63 54 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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)
INTEREST6/1/2025 6/25/2025 3136ARTE8 FNA 2016-M3 A2 2.70% 2/1/2026 1,394.526/1/2025 6/25/2025 3137BRQJ7 FHMS K057 A2 2.57% 7/1/2026 2,722.256/1/2025 6/25/2025 3137FGZT5 FHMS K079 A2 3.92% 6/1/2028 3,189.886/1/2025 6/25/2025 3137BTUM1 FHMS K061 A2 3.34% 11/1/2026 1,399.376/1/2025 6/25/2025 3137BVZ82 FHMS K063 A2 3.43% 1/1/2027 1,715.006/1/2025 6/25/2025 3137F4X72 FHMS K075 A2 3.65% 2/1/2028 3,041.676/1/2025 6/25/2025 3137BN6G4 FHMS K053 A2 2.99% 12/1/2025 2,272.306/2/2025 6/2/2025 MONEY0002 MONEY MARKET FUND 0.00% 2,093.666/4/2025 6/4/2025 17325FBC1 CITIBANK NA (CALLABLE) 5.48% 12/4/2026 11,799.206/8/2025 6/8/2025 48125LRU8 JP MORGAN CHASE BANK NA (CALLABLE) 5.11% 12/8/2026 12,775.006/8/2025 6/8/2025 24422EWX3 JOHN DEERE CAPITAL CORP 4.75% 6/8/2026 8,668.756/11/2025 6/11/2025 63253QAJ3 NATIONAL AUSTRALIA BK/NY 5.08% 6/11/2027 10,301.186/11/2025 6/11/2025 94988J6F9 WELLS FARGO BANK NA (CALLABLE) 5.25% 12/11/2026 19,702.506/15/2025 6/15/2025 344928AD8 FORDO 2023-A A3 4.65% 2/15/2028 1,088.136/15/2025 6/15/2025 02582JKP4 AMXCA 2025-2 A 4.28% 4/15/2030 3,975.646/15/2025 6/15/2025 14043GAD6 COPAR 2022-2 A3 3.66% 5/17/2027 579.146/15/2025 6/15/2025 92970QAE5 WFCIT 2024-A2 A 4.29% 10/15/2029 1,841.13 55 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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)
INTEREST6/15/2025 6/15/2025 65481GAD7 NAROT 2025-A A3 4.49% 12/17/2029 2,222.556/15/2025 6/15/2025 41284YAD8 HDMOT 2022-A A3 3.06% 2/15/2027 213.976/15/2025 6/15/2025 14041NGE5 COMET 2024-A1 A 3.92% 9/15/2029 3,446.336/15/2025 6/15/2025 14318MAD1 CARMX 2022-3 A3 3.97% 4/15/2027 956.016/15/2025 6/15/2025 41285JAD0 HDMOT 2023-A A3 5.05% 12/15/2027 1,350.296/15/2025 6/15/2025 14043QAC6 COPAR 2022-1 A3 3.17% 4/15/2027 377.166/15/2025 6/15/2025 02008MAC3 ALLYA 2022-2 A3 4.76% 5/17/2027 1,633.956/15/2025 6/15/2025 44918CAD4 HART 2023-C A3 5.54% 10/16/2028 1,108.006/15/2025 6/15/2025 34531QAD1 FORDO 2024-B A3 5.10% 4/15/2029 3,888.756/15/2025 6/15/2025 58773DAD6 MBART 2025-1 A3 4.78% 12/17/2029 2,469.676/15/2025 6/15/2025 02582JJZ4 AMXCA 2023-1 A 4.87% 5/15/2028 1,542.176/15/2025 6/15/2025 58768PAC8 MBART 2022-1 A3 5.21% 8/16/2027 2,313.956/15/2025 6/15/2025 50117EAC8 KCOT 2022-1A A3 2.67% 10/15/2026 467.776/15/2025 6/15/2025 362955AD8 GMCAR 2025-1 A3 4.62% 12/17/2029 1,867.256/15/2025 6/15/2025 06428AAC2 BAAT 2023-1A A3 5.53% 2/15/2028 1,505.206/15/2025 6/15/2025 437921AD1 HAROT 2025-2 A3 4.15% 10/15/2029 1,066.326/15/2025 6/15/2025 02589BAE0 AMXCA 2024-3 A 4.65% 7/15/2029 2,189.38 56 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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)
INTEREST6/15/2025 6/15/2025 891940AC2 TAOT 2023-A A3 4.63% 9/15/2027 655.596/15/2025 6/15/2025 09709AAC6 BAAT 2024-1A A3 5.35% 11/15/2028 757.926/15/2025 6/15/2025 43815BAC4 HAROT 2022-1 A3 1.88% 5/15/2026 56.356/15/2025 6/15/2025 500945AC4 KCOT 2023-2A A3 5.28% 1/18/2028 1,716.006/15/2025 6/15/2025 344930AD4 FORDO 2023-B A3 5.23% 5/15/2028 1,782.796/15/2025 6/15/2025 65480JAC4 NAROT 2022-B A3 4.46% 5/17/2027 874.266/15/2025 6/15/2025 50117BAC4 KCOT 2024-1A A3 5.19% 7/17/2028 1,751.636/15/2025 6/15/2025 50117KAC4 KCOT 2023-1A A3 5.02% 6/15/2027 1,831.546/15/2025 6/15/2025 50117FAB7 KCOT 2025-1A A2 4.61% 12/15/2027 1,440.636/15/2025 6/15/2025 437927AC0 HAROT 2023-2 A3 4.93% 11/15/2027 1,423.186/15/2025 6/15/2025 14317HAC5 CARMX 2022-2 A3 3.49% 2/16/2027 366.586/15/2025 6/15/2025 98163KAC6 WOART 2021-D A3 0.81% 10/15/2026 2.336/15/2025 6/15/2025 891941AD8 TAOT 2023-B A3 4.71% 2/15/2028 2,086.886/15/2025 6/15/2025 89238FAD5 TAOT 2022-B A3 2.93% 9/15/2026 192.756/15/2025 6/15/2025 05522RDH8 BACCT 2023-A2 A2 4.98% 11/15/2028 1,099.756/15/2025 6/15/2025 89231HAD8 TAOT 2025-B A3 4.34% 11/15/2029 1,609.426/15/2025 6/15/2025 50117JAC7 KCOT 2022-2A A3 4.09% 12/15/2026 974.26 57 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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)
INTEREST6/15/2025 6/15/2025 44918MAD2 HART 2022-B A3 3.72% 11/16/2026 333.836/15/2025 6/15/2025 89240JAD3 TAOT 2025-A A3 4.64% 8/15/2029 2,648.676/15/2025 6/15/2025 44935CAD3 HART 2025-A A3 4.32% 10/15/2029 3,546.006/15/2025 6/15/2025 31680EAD3 FITAT 2023-1 A3 5.53% 8/15/2028 3,572.256/15/2025 6/15/2025 34535KAD0 FORDO 2025-A A3 4.45% 10/15/2029 4,505.636/15/2025 6/15/2025 90327VAC2 USAOT 2024-A A3 5.03% 3/15/2029 1,341.336/15/2025 6/15/2025 89239FAD4 TAOT 2023-D A3 5.54% 8/15/2028 923.336/15/2025 6/15/2025 02007WAC2 ALLYA 2023-1 A3 5.46% 5/15/2028 2,129.516/15/2025 6/15/2025 02007NAC2 ALLYA 2024-2 A3 4.14% 7/16/2029 1,035.006/15/2025 6/15/2025 65479UAD0 NAROT 2024-A A3 5.28% 12/15/2028 5,192.006/15/2025 6/15/2025 14044CAC6 COPAR 2021-1 A3 0.77% 9/15/2026 11.226/15/2025 6/15/2025 89231CAD9 TAOT 2022-C A3 3.76% 4/15/2027 368.116/15/2025 6/15/2025 50117DAC0 KCOT 2024-2A A3 5.26% 11/15/2028 2,235.506/15/2025 6/15/2025 161571HV9 CHAIT 2024-A1 A 4.60% 1/16/2029 4,159.176/15/2025 6/15/2025 345286AC2 FORDO 2022-A A3 1.29% 6/15/2026 4.276/15/2025 6/15/2025 91282CJP7 US TREASURY N/B 4.37% 12/15/2026 87,500.006/15/2025 6/15/2025 448976AD2 HART 2024-C A3 4.41% 5/15/2029 1,911.00 58 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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)
INTEREST6/15/2025 6/15/2025 14318UAD3 CARMX 2022-4 A3 5.34% 8/16/2027 2,038.366/15/2025 6/15/2025 58770AAC7 MBART 2023-1 A3 4.51% 11/15/2027 547.116/16/2025 6/16/2025 362583AD8 GMCAR 2023-2 A3 4.47% 2/16/2028 1,119.746/16/2025 6/16/2025 38013KAD2 GMCAR 2024-3 A3 5.13% 4/16/2029 2,586.386/16/2025 6/16/2025 362554AC1 GMCAR 2021-4 A3 0.68% 9/16/2026 7.016/16/2025 6/16/2025 362585AC5 GMCAR 2022-2 A3 3.10% 2/16/2027 229.436/16/2025 6/16/2025 38014AAD3 GMCAR 2024-4 A3 4.40% 8/16/2029 1,521.676/16/2025 6/16/2025 379930AD2 GMCAR 2023-4 A3 5.78% 8/16/2028 1,637.676/16/2025 6/16/2025 380146AC4 GMCAR 2022-1 A3 1.26% 11/16/2026 22.986/16/2025 6/16/2025 36265WAD5 GMCAR 2022-3 A3 3.64% 4/16/2027 458.976/16/2025 6/16/2025 379931AD0 GMCAR 2024-2 A3 5.10% 3/16/2029 1,317.506/20/2025 6/20/2025 05594BAD8 BAAT 2025-1A A3 4.35% 11/20/2029 833.756/20/2025 6/20/2025 73329KAD8 PILOT 2025-1A A3 4.61% 10/20/2028 742.726/20/2025 6/20/2025 92868MAD1 VALET 2025-1 A3 4.50% 8/20/2029 3,768.756/20/2025 6/20/2025 92868RAD0 VALET 2024-1 A3 4.63% 7/20/2029 983.886/20/2025 6/20/2025 92348KDY6 VZMT 2025-3 A1A 4.51% 3/20/2030 3,401.296/21/2025 6/21/2025 438123AC5 HAROT 2023-4 A3 5.67% 6/21/2028 1,181.25 59 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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)
INTEREST6/25/2025 6/25/2025 16144QAC9 CHAOT 2024-5A A3 4.18% 8/27/2029 1,027.586/25/2025 6/25/2025 05602RAD3 BMWOT 2022-A A3 3.21% 8/25/2026 134.576/25/2025 6/25/2025 05592XAD2 BMWOT 2023-A A3 5.47% 2/25/2028 909.056/25/2025 6/25/2025 096919AD7 BMWOT 2024-A A3 5.18% 2/26/2029 2,762.676/25/2025 6/25/2025 437076DB5 HOME DEPOT INC (CALLABLE) 4.87% 6/25/2027 4,509.38 Total INTEREST 0.00 1,574,020.33 0.00
PAYDOWNS4/1/2025 4/25/2025 983.71 3136ARTE8 FNA 2016-M3 A2 2.70% 2/1/2026 983.71 14.864/1/2025 4/25/2025 729.47 3137BRQJ7 FHMS K057 A2 2.57% 7/1/2026 729.47 19.904/1/2025 4/25/2025 1,346.97 3137BN6G4 FHMS K053 A2 2.99% 12/1/2025 1,346.97 3.374/1/2025 4/25/2025 820.65 3137BRQJ7 FHMS K057 A2 2.57% 7/1/2026 820.65 16.744/1/2025 4/25/2025 1,015.24 3137BTUM1 FHMS K061 A2 3.34% 11/1/2026 1,015.24 14.724/1/2025 4/25/2025 800.79 3137BNGT5 FHMS K054 A2 2.74% 1/1/2026 800.79 13.214/1/2025 4/25/2025 257.99 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 257.99 1.414/1/2025 4/25/2025 723.57 3137FLN34 FHMS K734 A2 3.20% 2/1/2026 723.57 13.164/1/2025 4/25/2025 14,023.74 3137BM7C4 FHMS K051 A2 3.30% 9/1/2025 14,023.74 15.764/1/2025 4/25/2025 1,105.29 3137FNWX4 FHMS K736 A2 2.28% 7/1/2026 1,105.29 37.65 60 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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)
PAYDOWNS4/1/2025 4/25/2025 257.99 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 257.99 1.314/1/2025 4/25/2025 1,295.82 3137FBU79 FHMS K069 A2 3.18% 9/1/2027 1,295.82 48.674/15/2025 4/15/2025 19,545.94 14043QAC6 COPAR 2022-1 A3 3.17% 4/15/2027 19,545.94 1.734/15/2025 4/15/2025 23,955.38 06428AAC2 BAAT 2023-1A A3 5.53% 2/15/2028 23,955.38 0.574/15/2025 4/15/2025 37,560.93 14318MAD1 CARMX 2022-3 A3 3.97% 4/15/2027 37,560.93 0.374/15/2025 4/15/2025 29,105.83 41285JAD0 HDMOT 2023-A A3 5.05% 12/15/2027 29,105.83 1.624/15/2025 4/15/2025 17,666.27 98163KAC6 WOART 2021-D A3 0.81% 10/15/2026 17,666.27 0.724/15/2025 4/15/2025 15,473.23 89238JAC9 TAOT 2021-D A3 0.71% 4/15/2026 15,473.23 0.084/15/2025 4/15/2025 31,076.51 41284YAD8 HDMOT 2022-A A3 3.06% 2/15/2027 31,076.51 1.974/15/2025 4/15/2025 18,576.84 89238FAD5 TAOT 2022-B A3 2.93% 9/15/2026 18,576.84 0.144/15/2025 4/15/2025 15,602.54 43815BAC4 HAROT 2022-1 A3 1.88% 5/15/2026 15,602.54 0.604/15/2025 4/15/2025 28,468.23 14317DAC4 CARMX 2021-3 A3 0.55% 6/15/2026 28,468.23 1.124/15/2025 4/15/2025 13,764.49 58770AAC7 MBART 2023-1 A3 4.51% 11/15/2027 13,764.49 0.894/15/2025 4/15/2025 32,450.63 50117KAC4 KCOT 2023-1A A3 5.02% 6/15/2027 32,450.63 2.624/15/2025 4/15/2025 23,714.25 14317HAC5 CARMX 2022-2 A3 3.49% 2/16/2027 23,714.25 1.384/15/2025 4/15/2025 40,723.10 50117JAC7 KCOT 2022-2A A3 4.09% 12/15/2026 40,723.10 2.834/15/2025 4/15/2025 25,085.63 44918MAD2 HART 2022-B A3 3.72% 11/16/2026 25,085.63 0.01 61 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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)
PAYDOWNS4/15/2025 4/15/2025 23,221.23 14043GAD6 COPAR 2022-2 A3 3.66% 5/17/2027 23,221.23 0.734/15/2025 4/15/2025 55,956.21 02008MAC3 ALLYA 2022-2 A3 4.76% 5/17/2027 55,956.21 0.314/15/2025 4/15/2025 23,304.90 891941AD8 TAOT 2023-B A3 4.71% 2/15/2028 23,304.90 0.784/15/2025 4/15/2025 57,630.42 58768PAC8 MBART 2022-1 A3 5.21% 8/16/2027 57,630.42 5.624/15/2025 4/15/2025 13,997.77 891940AC2 TAOT 2023-A A3 4.63% 9/15/2027 13,997.774/15/2025 4/15/2025 39,052.91 50117EAC8 KCOT 2022-1A A3 2.67% 10/15/2026 39,052.91 1.844/15/2025 4/15/2025 22,234.04 344928AD8 FORDO 2023-A A3 4.65% 2/15/2028 22,234.04 1.354/15/2025 4/15/2025 13,348.81 89231CAD9 TAOT 2022-C A3 3.76% 4/15/2027 13,348.81 0.964/15/2025 4/15/2025 5,146.65 345286AC2 FORDO 2022-A A3 1.29% 6/15/2026 5,146.65 0.164/15/2025 4/15/2025 16,971.82 02007WAC2 ALLYA 2023-1 A3 5.46% 5/15/2028 16,971.82 1.864/15/2025 4/15/2025 14,510.16 14044CAC6 COPAR 2021-1 A3 0.77% 9/15/2026 14,510.16 0.084/15/2025 4/15/2025 45,129.29 14318UAD3 CARMX 2022-4 A3 5.34% 8/16/2027 45,129.29 5.164/15/2025 4/15/2025 23,288.00 65480JAC4 NAROT 2022-B A3 4.46% 5/17/2027 23,288.00 2.174/16/2025 4/16/2025 13,519.24 380146AC4 GMCAR 2022-1 A3 1.26% 11/16/2026 13,519.24 0.394/16/2025 4/16/2025 25,174.35 362583AD8 GMCAR 2023-2 A3 4.47% 2/16/2028 25,174.35 0.404/16/2025 4/16/2025 12,898.34 362554AC1 GMCAR 2021-4 A3 0.68% 9/16/2026 12,898.34 0.094/16/2025 4/16/2025 15,761.08 362585AC5 GMCAR 2022-2 A3 3.10% 2/16/2027 15,761.08 1.25 62 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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)
PAYDOWNS4/16/2025 4/16/2025 25,827.93 36265WAD5 GMCAR 2022-3 A3 3.64% 4/16/2027 25,827.93 0.084/20/2025 4/20/2025 7,405.34 92868KAC7 VALET 2021-1 A3 1.02% 6/22/2026 7,405.34 0.074/21/2025 4/21/2025 14,515.59 43815GAC3 HAROT 2021-4 A3 0.88% 1/21/2026 14,515.59 0.554/25/2025 4/25/2025 16,047.78 05592XAD2 BMWOT 2023-A A3 5.47% 2/25/2028 16,047.78 1.754/25/2025 4/25/2025 16,237.79 05602RAD3 BMWOT 2022-A A3 3.21% 8/25/2026 16,237.79 0.265/1/2025 5/25/2025 1,110.18 3137BRQJ7 FHMS K057 A2 2.57% 7/1/2026 1,110.18 28.365/1/2025 5/25/2025 64,188.52 3137BN6G4 FHMS K053 A2 2.99% 12/1/2025 64,188.52 142.345/1/2025 5/25/2025 1,055.11 3136ARTE8 FNA 2016-M3 A2 2.70% 2/1/2026 1,055.11 14.475/1/2025 5/25/2025 51,922.04 3137FLN34 FHMS K734 A2 3.20% 2/1/2026 51,922.04 856.915/1/2025 5/25/2025 4,394.82 3137FNWX4 FHMS K736 A2 2.28% 7/1/2026 4,394.82 140.235/1/2025 5/25/2025 1,386.68 3137FBU79 FHMS K069 A2 3.18% 9/1/2027 1,386.68 50.455/1/2025 5/25/2025 14,580.49 3137F64P9 FHMS K739 A2 1.33% 9/1/2027 14,580.49 939.285/1/2025 5/25/2025 277.73 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 277.73 1.135/1/2025 5/25/2025 1,078.91 3137BTUM1 FHMS K061 A2 3.34% 11/1/2026 1,078.91 14.855/1/2025 5/25/2025 10,402.40 3137BNGT5 FHMS K054 A2 2.74% 1/1/2026 10,402.40 154.055/1/2025 5/25/2025 1,248.96 3137BRQJ7 FHMS K057 A2 2.57% 7/1/2026 1,248.96 23.865/1/2025 5/25/2025 277.73 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 277.73 1.20 63 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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)
PAYDOWNS5/1/2025 5/25/2025 26,122.76 3137BM7C4 FHMS K051 A2 3.30% 9/1/2025 26,122.76 24.305/15/2025 5/15/2025 23,003.72 14317HAC5 CARMX 2022-2 A3 3.49% 2/16/2027 23,003.72 1.285/15/2025 5/15/2025 21,538.74 344928AD8 FORDO 2023-A A3 4.65% 2/15/2028 21,538.74 1.275/15/2025 5/15/2025 23,966.36 44918MAD2 HART 2022-B A3 3.72% 11/16/2026 23,966.365/15/2025 5/15/2025 29,086.66 41284YAD8 HDMOT 2022-A A3 3.06% 2/15/2027 29,086.66 1.765/15/2025 5/15/2025 30,886.78 50117KAC4 KCOT 2023-1A A3 5.02% 6/15/2027 30,886.78 2.395/15/2025 5/15/2025 13,184.86 891940AC2 TAOT 2023-A A3 4.63% 9/15/2027 13,184.865/15/2025 5/15/2025 17,141.80 98163KAC6 WOART 2021-D A3 0.81% 10/15/2026 17,141.80 0.675/15/2025 5/15/2025 12,980.40 58770AAC7 MBART 2023-1 A3 4.51% 11/15/2027 12,980.40 0.815/15/2025 5/15/2025 35,005.57 891941AD8 TAOT 2023-B A3 4.71% 2/15/2028 35,005.57 1.145/15/2025 5/15/2025 37,602.85 50117EAC8 KCOT 2022-1A A3 2.67% 10/15/2026 37,602.85 1.675/15/2025 5/15/2025 13,380.25 14044CAC6 COPAR 2021-1 A3 0.77% 9/15/2026 13,380.25 0.075/15/2025 5/15/2025 28,862.34 41285JAD0 HDMOT 2023-A A3 5.05% 12/15/2027 28,862.34 1.565/15/2025 5/15/2025 18,894.66 14317DAC4 CARMX 2021-3 A3 0.55% 6/15/2026 18,894.66 0.695/15/2025 5/15/2025 5,168.21 345286AC2 FORDO 2022-A A3 1.29% 6/15/2026 5,168.21 0.155/15/2025 5/15/2025 39,489.66 50117JAC7 KCOT 2022-2A A3 4.09% 12/15/2026 39,489.66 2.605/15/2025 5/15/2025 30,003.04 02007WAC2 ALLYA 2023-1 A3 5.46% 5/15/2028 30,003.04 3.18 64 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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)
PAYDOWNS5/15/2025 5/15/2025 14,543.14 43815BAC4 HAROT 2022-1 A3 1.88% 5/15/2026 14,543.14 0.515/15/2025 5/15/2025 12,963.45 89231CAD9 TAOT 2022-C A3 3.76% 4/15/2027 12,963.45 0.895/15/2025 5/15/2025 17,992.74 89238FAD5 TAOT 2022-B A3 2.93% 9/15/2026 17,992.74 0.135/15/2025 5/15/2025 35,873.17 14318MAD1 CARMX 2022-3 A3 3.97% 4/15/2027 35,873.17 0.345/15/2025 5/15/2025 5,945.75 344930AD4 FORDO 2023-B A3 5.23% 5/15/2028 5,945.75 0.055/15/2025 5/15/2025 21,218.51 14043GAD6 COPAR 2022-2 A3 3.66% 5/17/2027 21,218.51 0.645/15/2025 5/15/2025 53,224.26 02008MAC3 ALLYA 2022-2 A3 4.76% 5/17/2027 53,224.26 0.295/15/2025 5/15/2025 22,159.12 65480JAC4 NAROT 2022-B A3 4.46% 5/17/2027 22,159.12 1.995/15/2025 5/15/2025 18,587.68 437927AC0 HAROT 2023-2 A3 4.93% 11/15/2027 18,587.68 1.695/15/2025 5/15/2025 9,481.03 89238JAC9 TAOT 2021-D A3 0.71% 4/15/2026 9,481.03 0.045/15/2025 5/15/2025 18,533.69 14043QAC6 COPAR 2022-1 A3 3.17% 4/15/2027 18,533.69 1.575/15/2025 5/15/2025 42,974.51 14318UAD3 CARMX 2022-4 A3 5.34% 8/16/2027 42,974.51 4.745/15/2025 5/15/2025 1,090,000.00 02582JJT8 AMXCA 2022-2 A 3.39% 5/15/2027 1,090,000.00 96.935/15/2025 5/15/2025 23,572.52 06428AAC2 BAAT 2023-1A A3 5.53% 2/15/2028 23,572.52 0.545/15/2025 5/15/2025 14,827.47 31680EAD3 FITAT 2023-1 A3 5.53% 8/15/2028 14,827.47 0.605/15/2025 5/15/2025 53,560.35 58768PAC8 MBART 2022-1 A3 5.21% 8/16/2027 53,560.35 5.045/16/2025 5/16/2025 11,849.15 362554AC1 GMCAR 2021-4 A3 0.68% 9/16/2026 11,849.15 0.08 65 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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)
PAYDOWNS5/16/2025 5/16/2025 24,059.75 362583AD8 GMCAR 2023-2 A3 4.47% 2/16/2028 24,059.75 0.385/16/2025 5/16/2025 12,330.50 380146AC4 GMCAR 2022-1 A3 1.26% 11/16/2026 12,330.50 0.345/16/2025 5/16/2025 15,387.17 362585AC5 GMCAR 2022-2 A3 3.10% 2/16/2027 15,387.17 1.165/16/2025 5/16/2025 24,477.43 36265WAD5 GMCAR 2022-3 A3 3.64% 4/16/2027 24,477.43 0.075/21/2025 5/21/2025 7,489.87 43815GAC3 HAROT 2021-4 A3 0.88% 1/21/2026 7,489.87 0.255/25/2025 5/25/2025 15,704.34 05602RAD3 BMWOT 2022-A A3 3.21% 8/25/2026 15,704.34 0.245/25/2025 5/25/2025 15,790.94 05592XAD2 BMWOT 2023-A A3 5.47% 2/25/2028 15,790.94 1.676/1/2025 6/25/2025 33,802.40 3137FLN34 FHMS K734 A2 3.20% 2/1/2026 33,802.40 500.946/1/2025 6/25/2025 1,488.99 3137F64P9 FHMS K739 A2 1.33% 9/1/2027 1,488.99 92.776/1/2025 6/25/2025 1,108.22 3137FNWX4 FHMS K736 A2 2.28% 7/1/2026 1,108.22 32.976/1/2025 6/25/2025 3,327.94 3137BN6G4 FHMS K053 A2 2.99% 12/1/2025 3,327.94 6.446/1/2025 6/25/2025 1,022.27 3137BTUM1 FHMS K061 A2 3.34% 11/1/2026 1,022.27 13.336/1/2025 6/25/2025 157,086.48 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 157,086.48 467.746/1/2025 6/25/2025 1,304.98 3137FBU79 FHMS K069 A2 3.18% 9/1/2027 1,304.98 45.936/1/2025 6/25/2025 59,787.41 3137BM7C4 FHMS K051 A2 3.30% 9/1/2025 59,787.41 44.016/1/2025 6/25/2025 991.79 3136ARTE8 FNA 2016-M3 A2 2.70% 2/1/2026 991.79 12.216/1/2025 6/25/2025 8,453.89 3137BNGT5 FHMS K054 A2 2.74% 1/1/2026 8,453.89 110.96 66 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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)
PAYDOWNS6/1/2025 6/25/2025 157,086.48 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 157,086.48 500.886/1/2025 6/25/2025 31,416.74 3137BRQJ7 FHMS K057 A2 2.57% 7/1/2026 31,416.74 559.686/1/2025 6/25/2025 27,925.99 3137BRQJ7 FHMS K057 A2 2.57% 7/1/2026 27,925.99 665.196/15/2025 6/15/2025 21,223.28 65480JAC4 NAROT 2022-B A3 4.46% 5/17/2027 21,223.28 1.826/15/2025 6/15/2025 20,105.74 14043GAD6 COPAR 2022-2 A3 3.66% 5/17/2027 20,105.74 0.586/15/2025 6/15/2025 23,052.88 06428AAC2 BAAT 2023-1A A3 5.53% 2/15/2028 23,052.88 0.526/15/2025 6/15/2025 13,947.42 43815BAC4 HAROT 2022-1 A3 1.88% 5/15/2026 13,947.42 0.466/15/2025 6/15/2025 38,639.86 50117JAC7 KCOT 2022-2A A3 4.09% 12/15/2026 38,639.86 2.426/15/2025 6/15/2025 28,898.43 41285JAD0 HDMOT 2023-A A3 5.05% 12/15/2027 28,898.43 1.516/15/2025 6/15/2025 21,330.25 344928AD8 FORDO 2023-A A3 4.65% 2/15/2028 21,330.25 1.226/15/2025 6/15/2025 18,374.83 14043QAC6 COPAR 2022-1 A3 3.17% 4/15/2027 18,374.83 1.486/15/2025 6/15/2025 12,366.99 58770AAC7 MBART 2023-1 A3 4.51% 11/15/2027 12,366.99 0.756/15/2025 6/15/2025 42,723.54 14318UAD3 CARMX 2022-4 A3 5.34% 8/16/2027 42,723.54 4.536/15/2025 6/15/2025 47,357.85 31680EAD3 FITAT 2023-1 A3 5.53% 8/15/2028 47,357.85 1.876/15/2025 6/15/2025 52,035.83 58768PAC8 MBART 2022-1 A3 5.21% 8/16/2027 52,035.83 4.726/15/2025 6/15/2025 23,566.80 44918MAD2 HART 2022-B A3 3.72% 11/16/2026 23,566.806/15/2025 6/15/2025 3,445.60 98163KAC6 WOART 2021-D A3 0.81% 10/15/2026 3,445.60 0.13 67 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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)
PAYDOWNS6/15/2025 6/15/2025 37,676.90 50117EAC8 KCOT 2022-1A A3 2.67% 10/15/2026 37,676.90 1.576/15/2025 6/15/2025 51,471.32 02008MAC3 ALLYA 2022-2 A3 4.76% 5/17/2027 51,471.32 0.276/15/2025 6/15/2025 28,925.07 41284YAD8 HDMOT 2022-A A3 3.06% 2/15/2027 28,925.07 1.676/15/2025 6/15/2025 12,394.87 89231CAD9 TAOT 2022-C A3 3.76% 4/15/2027 12,394.87 0.816/15/2025 6/15/2025 33,335.22 891941AD8 TAOT 2023-B A3 4.71% 2/15/2028 33,335.22 1.056/15/2025 6/15/2025 3,975.07 345286AC2 FORDO 2022-A A3 1.29% 6/15/2026 3,975.07 0.106/15/2025 6/15/2025 16,573.25 89238FAD5 TAOT 2022-B A3 2.93% 9/15/2026 16,573.25 0.116/15/2025 6/15/2025 31,411.18 50117KAC4 KCOT 2023-1A A3 5.02% 6/15/2027 31,411.18 2.346/15/2025 6/15/2025 24,195.05 437927AC0 HAROT 2023-2 A3 4.93% 11/15/2027 24,195.05 2.136/15/2025 6/15/2025 12,398.48 14044CAC6 COPAR 2021-1 A3 0.77% 9/15/2026 12,398.48 0.066/15/2025 6/15/2025 13,068.60 891940AC2 TAOT 2023-A A3 4.63% 9/15/2027 13,068.60 0.016/15/2025 6/15/2025 27,956.10 344930AD4 FORDO 2023-B A3 5.23% 5/15/2028 27,956.10 0.226/15/2025 6/15/2025 28,696.47 02007WAC2 ALLYA 2023-1 A3 5.46% 5/15/2028 28,696.47 2.966/15/2025 6/15/2025 33,663.26 14318MAD1 CARMX 2022-3 A3 3.97% 4/15/2027 33,663.26 0.316/15/2025 6/15/2025 21,816.24 14317HAC5 CARMX 2022-2 A3 3.49% 2/16/2027 21,816.24 1.166/16/2025 6/16/2025 15,176.65 362585AC5 GMCAR 2022-2 A3 3.10% 2/16/2027 15,176.65 1.096/16/2025 6/16/2025 11,883.33 380146AC4 GMCAR 2022-1 A3 1.26% 11/16/2026 11,883.33 0.30 68 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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)
PAYDOWNS6/16/2025 6/16/2025 11,468.37 362554AC1 GMCAR 2021-4 A3 0.68% 9/16/2026 11,468.37 0.076/16/2025 6/16/2025 24,073.98 36265WAD5 GMCAR 2022-3 A3 3.64% 4/16/2027 24,073.98 0.066/16/2025 6/16/2025 23,567.79 362583AD8 GMCAR 2023-2 A3 4.47% 2/16/2028 23,567.79 0.366/25/2025 6/25/2025 15,083.98 05592XAD2 BMWOT 2023-A A3 5.47% 2/25/2028 15,083.98 1.546/25/2025 6/25/2025 14,526.21 05602RAD3 BMWOT 2022-A A3 3.21% 8/25/2026 14,526.21 0.20 Total PAYDOWNS 4,383,309.72 4,383,309.72 5,867.57
SELL4/9/2025 4/10/2025 1,000,000.00 91282CHU8 US TREASURY N/B 4.37% 8/15/2026 1,012,737.18 10,669.554/9/2025 4/10/2025 175,000.00 91282CLB5 US TREASURY N/B 4.37% 7/31/2026 177,518.91 360.104/9/2025 4/10/2025 1,900,000.00 91282CHU8 US TREASURY N/B 4.37% 8/15/2026 1,924,200.64 19,664.634/16/2025 4/22/2025 350,000.00 91282CHU8 US TREASURY N/B 4.37% 8/15/2026 354,897.25 3,518.744/23/2025 4/24/2025 150,000.00 91282CHU8 US TREASURY N/B 4.37% 8/15/2026 151,988.59 1,359.024/24/2025 4/25/2025 500,000.00 91282CHU8 US TREASURY N/B 4.37% 8/15/2026 506,864.85 4,701.654/29/2025 5/1/2025 100,000.00 91282CHU8 US TREASURY N/B 4.37% 8/15/2026 101,550.95 1,040.754/29/2025 5/1/2025 825,000.00 91282CHU8 US TREASURY N/B 4.37% 8/15/2026 837,795.37 8,752.195/6/2025 5/7/2025 875,000.00 91282CHU8 US TREASURY N/B 4.37% 8/15/2026 888,145.77 8,176.655/7/2025 5/9/2025 700,000.00 91282CHU8 US TREASURY N/B 4.37% 8/15/2026 710,521.76 7,041.97 69 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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)
SELL5/7/2025 5/9/2025 800,000.00 91282CHU8 US TREASURY N/B 4.37% 8/15/2026 812,024.86 7,274.155/7/2025 5/9/2025 750,000.00 91282CHY0 US TREASURY N/B 4.62% 9/15/2026 761,981.15 9,404.285/13/2025 5/13/2025 25,000.00 91282CHY0 US TREASURY N/B 4.62% 9/15/2026 25,361.16 262.015/13/2025 5/14/2025 200,000.00 91282CHY0 US TREASURY N/B 4.62% 9/15/2026 202,906.59 2,086.945/16/2025 5/20/2025 475,000.00 91282CHY0 US TREASURY N/B 4.62% 9/15/2026 482,391.22 5,066.955/16/2025 5/16/2025 25,000.00 91282CHY0 US TREASURY N/B 4.62% 9/15/2026 25,376.44 267.365/21/2025 5/23/2025 500,000.00 91282CHY0 US TREASURY N/B 4.62% 9/15/2026 507,558.60 4,913.275/22/2025 5/27/2025 275,000.00 91282CHY0 US TREASURY N/B 4.62% 9/15/2026 279,370.67 2,770.005/22/2025 5/28/2025 425,000.00 91282CJC6 US TREASURY N/B 4.62% 10/15/2026 430,314.22 5,030.925/22/2025 5/28/2025 425,000.00 91282CJC6 US TREASURY N/B 4.62% 10/15/2026 430,314.23 3,588.766/2/2025 6/3/2025 25,000.00 91282CJC6 US TREASURY N/B 4.62% 10/15/2026 25,337.42 216.576/3/2025 6/4/2025 245,000.00 05522RDG0 BACCT 2023-A1 A1 4.79% 5/15/2028 246,423.28 837.186/3/2025 6/5/2025 75,000.00 91282CJC6 US TREASURY N/B 4.62% 10/15/2026 76,022.41 640.516/4/2025 6/9/2025 375,000.00 91282CLS8 US TREASURY N/B 4.12% 10/31/2026 377,208.73 1,799.226/4/2025 6/9/2025 475,000.00 91282CJC6 US TREASURY N/B 4.62% 10/15/2026 482,012.25 4,348.416/5/2025 6/6/2025 215,000.00 17305EGW9 CCCIT 2023-A1 A1 5.23% 12/8/2027 221,265.25 722.936/5/2025 6/6/2025 460,000.00 254683CY9 DCENT 2023-A1 A 4.31% 3/15/2028 460,671.36 -470.14 70 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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)
SELL6/5/2025 6/10/2025 625,000.00 91282CLS8 US TREASURY N/B 4.12% 10/31/2026 628,507.14 2,750.526/5/2025 6/10/2025 900,000.00 91282CJK8 US TREASURY N/B 4.62% 11/15/2026 910,147.93 9,915.896/5/2025 6/10/2025 445,000.00 05253JB26 AUST & NZ BANKING GRP NY 5.00% 3/18/2026 452,132.86 2,064.806/9/2025 6/10/2025 1,600,000.00 91282CJK8 US TREASURY N/B 4.62% 11/15/2026 1,616,228.26 15,815.766/9/2025 6/10/2025 1,400,000.00 91282CJK8 US TREASURY N/B 4.62% 11/15/2026 1,414,199.73 4,033.726/9/2025 6/10/2025 950,000.00 91282CJK8 US TREASURY N/B 4.62% 11/15/2026 959,635.53 2,681.006/9/2025 6/10/2025 285,000.00 641062BK9 NESTLE HOLDINGS INC 5.25% 3/13/2026 290,303.14 1,711.006/9/2025 6/10/2025 160,000.00 931142FA6 WALMART INC (CALLABLE) 4.00% 4/15/2026 160,643.38 -314.466/9/2025 6/11/2025 700,000.00 20271RAR1 COMMONWEALTH BK AUSTR NY 5.31% 3/13/2026 713,450.27 4,354.006/10/2025 6/11/2025 365,000.00 24422EWX3 JOHN DEERE CAPITAL CORP 4.75% 6/8/2026 366,717.63 1,643.136/17/2025 6/18/2025 300,000.00 91282CJK8 US TREASURY N/B 4.62% 11/15/2026 303,567.09 1,087.376/18/2025 6/24/2025 525,000.00 91282CJK8 US TREASURY N/B 4.62% 11/15/2026 531,720.32 2,008.656/25/2025 6/26/2025 50,000.00 91282CJK8 US TREASURY N/B 4.62% 11/15/2026 50,709.24 248.69 Total SELL 20,650,000.00 20,910,723.63 162,044.64
71 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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.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 toparticular issuers are for illustrative purposes only and are not intended to be recommendations or advice regarding such issuers. Fixed income manager and indexcharacteristics 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 of the 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 anysales charges or fees an investor would pay to purchase the securities they represent. The imposition of these fees and charges would cause investmentperformance to be lower 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 opinionas of 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 asactual events occur, and results may depend on events outside of your or our control. Changes in assumptions may have a material effect on results. Opinions anddata presented are not necessarily indicative of future events or expected performance.PFM Asset Management serves clients in the public sector and is a division of U.S. Bancorp Asset Management, Inc., which is the legal entity providing investmentadvisory services. U.S. Bancorp Asset Management, Inc. is a registered investment adviser, a direct subsidiary of U.S. Bank N.A. and an indirect subsidiary of U.S.

Bancorp. U.S. Bank N.A. is not responsible for and does not guarantee the products, services, or performance of U.S. Bancorp Asset Management, Inc. Theinformation contained is not an offer to purchase or sell any securities. Additional applicable regulatory information is available upon request.For more information regarding PFMAM's services or entities, please visit www.pfmam.com.Further distribution is not permitted without prior written consent. 72 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
Appendix
Important Disclosures
Generally, PFMAM’s market prices are derived from closing bid prices as of the last business day of the month as supplied by ICE Data Services. There may bedifferences in the values shown for investments due to accrued but uncollected income and the use of differing valuation sources and methods. Non-negotiable FDIC-insured bank certificates of deposit are priced at par. Although PFMAM believes the prices to be reliable, the values of the securities may not represent the prices at which the securities could have been bought or sold. Explanation of the valuation methods for a registered investment company or local governmentinvestment program is contained in the appropriate fund offering documentation or information statement.

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.

ICE Bank of America 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. 73 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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. 74 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended June 30, 2025
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. 75

Manteca City CouncilAugust 19, 2025

Manteca City Council
August 19, 2025