Attachment 1 - Investment Report September 30, 2025 — Manteca City Council, November 4, 2025

Investment Performance Review
For the Quarter Ended September 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

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1 PFM Asset Management | pfmam.com
Market Summary

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1 Summary
• The third quarter of 2025 saw a gradual easing of uncertainty as markets digested the lingering effects of a complex tariff rollout. While the effective tariff rate remains elevated, the avoidance of worst-case trade outcomes helped stabilize investor sentiment. Equity and bond markets rebounded, supported by steady consumer spending and business investment. • The labor market continued to soften as job creation surprised to the downside in July and August. The unemployment rate rose during the quarter but remained below its 30-year average.
• Rising goods prices and sticky services costs continued to keep core inflation well above the Federal Reserve’s (Fed) 2% target. Certain import-reliant goods showed signs of modest tariff passthroughs.
• In September, the Fed delivered its first rate cut of 2025, lowering the federal funds target range to 4.00% to 4.25%. Fed Chair Jerome Powell described it as a “risk management cut” reflecting growing concerns over the labor market. The median forecast from the Fed’s September “dot plot” showed an additional 50 basis points (bps) of rate cuts this year, 25 bps more than its June projections.

Economic Snapshot
• U.S. inflation accelerated modestly during the third quarter as certain goods categories began to reflect tariff-related cost pressures and services inflation remained sticky. Headline CPI rose to 2.9% year-over-year, and core CPI (exfood and energy) edged up to 3.1%. Fed Chair Powell noted tariffs have begun to push up goods prices though these effects are expected to be short-lived. • U.S. real gross domestic product (GDP) rebounded to 3.8% in the second quarter, driven by a reversal of the trade and inventory dynamics that weighed on Q1 growth. Despite labor market softness, consumer spending proved resilient, largely supported by continued spending from higher-income households. Business investment also remained strong.
• The labor market continued to cool with new net job creation nearing zero and the unemployment rate ticked up to 4.3%. Despite these signs of slowing, layoffs remained low, suggesting employers are adopting a “no hire, no fire” approach.

Interest Rates
• The U.S.Treasuryyield curve steepened furtherin Q3, led by a decline in shortterm yields. Maturities less than one yearfell 30-40 bps as markets reflected new Fed rate-cutting expectations. Longer-dated maturityyields from three to 30 years also fell but to a lesser extent after concerns overfiscal deficits and tariffrelated inflation eased slightly. • The 3-month U.S.Treasuryendedthe quarter at 3.94%, over 35 bps lower.The 2- and 5-yearTreasuries fell by 11 and 6 bps to 3.61% and 3.74% respectively.The 10- and 30-year U.S.Treasury fell by 8 and 4 bps to 4.15% and 4.73% respectively.

Bond volatility has continued to fall significantly from April highs and has now reached the lowest levels in three years.
• As a result of loweryields overthe quarter, bond indexes generated positive total returns forthe quarter.The ICE BofA 3-month, 2-, 5-, and 10-year U.S.Treasury indices returned 1.08%, 1.01%, 1.17%, and 1.81% forthe quarter, respectively.

Sector Performance
• Excess returns were strong across investment grade sectors as April’s spread widening fully reversed on positive trade news and resilient economic data. • Federal agency and supranational spreads remained low and traded in a narrow range throughout Q3. Excess returns remained muted in part due to limited issuance, which is a trend we expect to continue. • Investment-grade (IG) corporate bonds generated strong excess returns as spreads narrowed to multi-year lows across most maturities. Lower-quality and longer-duration bonds led performance, supported by strong investor demand.
• Asset-backed securities (ABS) spreads tightened but remain modestly elevated versus 12-month lows. While excess returns were positive, they lagged those of IG corporates. Auto loan collateral modestly outperformed credit card-backed securities.
• Agency-backed mortgage-backed securities (MBS) delivered solid performance with positive excess returns across the board. Longer-duration MBS stood out as a top-performing IG sector in Q3. Agency-backed commercial MBS (CMBS) also posted positive excess returns for the quarter. • Short-term credit (commercial paper and negotiable bank CDs) yields declined as Treasury issuance surged and the Fed cut rates. Short-end yield spreads widened over the quarter and demand remained strong as investors viewed the sector as a hedge against future rate cuts.

For the Quarter Ended September 30, 2025
City of Manteca Market Summary
PFM Asset Management | pfmam.com
1 ATTACHMENT 1
Labor Market
Economic Snapshot
Jun '25 Sep '24
GDP Personal Consumption (QoQ SAAR) 2025Q2 2.5%
Retail Sales (YoY) Aug-25 5.0% 4.4% 2.0%
ISM Manufacturing Survey (month) Sep-25 49.1 49.0 47.5
Existing Home Sales SAAR (month) Aug-25 4.00 mil. 3.93 mil. 3.90 mil.

Inflation/Prices
Personal Consumption Expenditures (YoY) Aug-25 2.7% 2.6% 2.3% Consumer Price Index (YoY) Aug-25 2.9% 2.7% 2.4%
Consumer Price Index Core (YoY) Aug-25 3.1% 2.9% 3.3%
Crude Oil Futures (WTI, per barrel) Sep 30 $62.37 $65.11 $68.17 Gold Futures (oz.) Sep 30 $3,841 $3,308 $2,636
Latest
0 -100K
200K
100K
400K
300K
500K

0.0%

1.0%

3.0%

2.0%

4.0%

5.0%
Sep-22 Mar-23 Sep-23 Mar-24 Sep-24 Mar-25
Unemployment Rate (left) vs. Change in Non-farm Payrolls (right) Change In Non-Farm Payrolls Unemployment Rate
4%
3%
5%
2%
1%
0%
-1%
Jun-22 Dec-22 Jun-23 Dec-23 Jun-24 Dec-24 Jun-25
Real GDP (QoQ)
9%
8%
7%
6%
5%
4%
3%
2%
1%
0%
Sep-22 Mar-23 Sep-23 Mar-24 Sep-24 Mar-25
Consumer Price Index
CPI (YoY) Core CPI (YoY)
2 3.9%
Unemployment Rate Aug-25 4.3% 4.1% 4.1%
Change In Non-Farm Payrolls Aug-25 22,000 -13,000 240,000 Average Hourly Earnings (YoY) Aug-25 3.7% 3.7% 3.9%
Personal Income (YoY) Aug-25 5.1% 4.7% 5.3%
Initial Jobless Claims (week) 9/20/25 218,000 232,000 227,000 Growth
Real GDP (QoQ SAAR) 2025Q2 3.8% -0.6%1 3.6%2
1 0.6%

1. Data as of First Quarter 2025.

2. Data as of Second Quarter 2024.

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

Source: Bloomberg Finance L.P.

For the Quarter Ended September 30, 2025
City of Manteca Market Summary
PFM Asset Management | pfmam.com
2 ATTACHMENT 1
Source: Bloomberg Finance L.P.

Interest Rate Overview
U.S. Treasury Note Yields U.S. Treasury Yield Curve
U.S. Treasury Yields Yield Curves as of September 30, 2025 6%
5%
4%
3%
2%
1%
0%
7-yr5-yr3-yr2-yr1-yr3-mo10-yr20-yr30-yr
Yield
Maturity
September 30, 2025 June 30, 2025 September 30, 2024
6%
5%
4%
3%
2%
1%
0%
5-0yr7-
yr
3-yr2-yr1-yrmo3-
10-yr25-yr30-yr
Yield
Maturity
U.S. Treasury Federal Agency Corporates, A Rated

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%
9/30/24 12/31/24 3/31/25 6/30/25 9/30/25
Yield
2-Year 5-Year 10-Year
Maturity Sep '25 Jun '25 Change over
Quarter Sep '24 Change overYear
3-Month 3.94% 4.30% (0.36%) 4.63% (0.69%)
1-Year 3.62% 3.97% (0.35%) 4.01% (0.39%)
2-Year 3.61% 3.72% (0.11%) 3.64% (0.03%)
5-Year 3.74% 3.80% (0.06%) 3.56% 0.18%
10-Year 4.15% 4.23% (0.08%) 3.78% 0.37%
30-Year 4.73% 4.78% (0.05%) 4.12% 0.61%
For the Quarter Ended September 30, 2025
City of Manteca Market Summary
PFM Asset Management | pfmam.com
3 ATTACHMENT 1
September 30, 2025 Duration Yield 3 Month 1 Year 3 Years 1-3 Year Indices
U.S. Treasury 1.83 3.65% 1.12% 3.87% 4.34%
Federal Agency 1.47 3.68% 1.17% 4.04% 4.50%
U.S. Corporates, A-AAA rated 1.82 4.13% 1.40% 4.65% 5.44% Agency MBS (0 to 3 years) 1.78 4.50% 1.15% 4.25% 5.03%
Taxable Municipals 1.71 3.83% 1.48% 4.73% 5.14%
1-5 Year Indices
U.S. Treasury 2.54 3.66% 1.14% 3.77% 4.42%
Federal Agency 2.18 3.72% 1.20% 4.11% 4.60%
U.S. Corporates, A-AAA rated 2.64 4.38% 1.69% 7.06% 4.63% Agency MBS (0 to 5 years) 2.56 4.70% 1.43% 4.81% 5.57%
Taxable Municipals 2.59 3.97% 1.73% 4.65% 5.19%
Master Indices (Maturities 1 Year or Greater)
U.S. Treasury 6.13 3.97% 1.56% 1.89% 3.48%
Federal Agency 3.37 3.85% 1.45% 3.67% 4.65%
U.S. Corporates, A-AAA rated 6.75 4.68% 2.51% 3.39% 6.43% Agency MBS (0 to 30 years) 5.50 4.79% 2.40% 3.26% 5.00% Taxable Municipals 8.86 5.06% 2.95% 2.13% 5.56%
Returns for periods greater than one year are annualized.

Source: ICE BofA Indices.

As of 09/30/2025 Returns for Periods ended 09/30/2025
ICE BofA Index Returns
For the Quarter Ended September 30, 2025
City of Manteca Market Summary
PFM Asset Management | pfmam.com
4 ATTACHMENT 1
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 any sales 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 be lower than the performance shown.

The views expressed within this material constitute the perspective and judgment of U.S. Bancorp Asset 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 is made as to its accuracy or completeness.

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 investment advisory 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.

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

For the Quarter Ended September 30, 2025
City of Manteca Market Summary
PFM Asset Management | pfmam.com
5 ATTACHMENT 1
PFM Asset Management | pfmam.com
Account Summary

ATTACHMENT
1 For the Quarter Ended September 30, 2025
Consolidated Summary
Consolidated Summary
Account Summary
PFMAM Managed Account $163,708,677.87
CAMP Pool $75,823,504.15
LAIF $53,245,674.72
Wells Fargo Account $161,379,437.50
Total Program $454,157,294.21

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.

PFM Asset Management | pfmam.com

64.0%

0.0%

15.0%

0.4% 1.5%

13.4% 14.7%

3.4% 2.5%
0%
20%
40%
60%
80%
Under 30
days
31 to 60
days
61 to 90
days
91 to 180
days
181 days
to 1 year
1 to 2
years
2 to 3
years
3 to 4
years
4 to 5
years
Maturity Distribution
7 ATTACHMENT 1
PFM Asset Management | pfmam.com
Portfolio Review:

CITY OF MANTECA

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1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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 September 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 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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%
52%
34%
8%
56%
36%
0%
20%40%60%
0-1 Yr 1-2 Yrs 2-3 Yrs
Portfolio Benchmark
Duration Distribution
U.S. Treasury | 40%Corporate | 27%
ABS | 19%Agency CMBS | 12%
Negotiable CD | 2%Municipal | <1%
Sector Allocation
AAA | 13%AA+ | 53%AA | 1%AA- | 5%A+ | 10%A | 5%A- | 4%A-1 | 1% BBB+ | 1%Not Rated | 8%
Portfolio Statistics
Portfolio Effective Duration 1.75 years
Benchmark Effective Duration 1.77 yearsPortfolio Credit Quality AA Yield At Market 3.87%
Yield At Cost 4.40%
Total Market Value $165,109,723.58
Securities Sub-Total $163,708,677.84Cash $155,325.23
Accrued Interest $1,245,720.51
10 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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 39.8% United States Treasury 39.8% AA / Aa / AA
Agency CMBS 11.9%
Federal Home Loan Mortgage Corp 10.9% AA / Aa / AAFederal National Mortgage Association 1.0% AA / Aa / AA Municipal 0.3%
Los Angeles Unified School District/CA 0.3% NR / Aa / AAA Negotiable CD 1.6%
Cooperatieve Rabobank UA 0.2% A / Aa / AACredit Agricole Group 0.7% A / A / AAGroupe BPCE 0.7% A / Aa / A Corporate 27.3%
Accenture PLC 0.1% AA / Aa / NRAdobe 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 0.7% A / A / A Analog Devices Inc 0.6% A / A / AANZ Group Holdings Ltd 1.1% AA / Aa / AA Apple Inc 0.6% AA / Aaa / NRAstraZeneca PLC 0.3% A / A / NR 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 / NRBP PLC 0.5% A / A / A Security Type / Issuer Market Value (%) S&P / Moody's / FitchCorporate 27.3% Bristol-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 0.7% 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 0.5% A / A / ADepository Trust & Clearing Corp 0.2% AA / Aa / NREli Lilly & Co 0.6% A / Aa / NRGoldman Sachs Group Inc 0.6% A / A / A Hershey Co 0.2% A / A / NRHome Depot Inc 0.2% A / A / AHonda Motor Co Ltd 0.6% A / A / AHoneywell International Inc 0.4% 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 0.4% A / Aa / NRMerck & Co Inc 0.6% A / Aa / NRMorgan Stanley 0.8% A / Aa / AANational Australia Bank Ltd 0.7% AA / Aa / AA 11 ATTACHMENT
1 PFM Asset Management | pfmam.com

Issuer Diversification
Security Type / Issuer Market Value (%) S&P / Moody's / FitchCorporate 27.3% National Rural Utilities Cooperative Fi 0.7% A / A / APACCAR Inc 0.7% A / A / NRPepsiCo Inc 0.7% A / A / NRPNC Financial Services Group Inc 0.2% A / A / A Roche Holding AG 0.5% AA / Aa / AAState Street Corp 0.3% A / Aa / AA Target Corp 0.1% A / A / ATexas Instruments Inc 0.4% A / Aa / NRToyota Motor Corp 0.6% A / A / ATruist Financial Corp 0.6% A / Baa / AUBS 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 19.0%
Ally Auto Receivables Trust 0.5% AAA / Aaa / AAAAmerican Express Co 1.4% AAA / NR / AAA BA Credit Card Trust 0.4% AAA / Aaa / AAABank of America Corp 0.4% NR / Aaa / AAA BMW Vehicle Lease Trust 0.7% AAA / Aaa / AAACapital One Financial Corp 1.2% AAA / Aaa / AAACarMax Inc 0.3% AAA / Aaa / AAAChase Auto Owner Trust 0.4% AAA / Aaa / AAACitigroup Inc 0.5% AAA / Aaa / NR Security Type / Issuer Market Value (%) S&P / Moody's / FitchABS 19.0% Fifth Third Auto Trust 0.4% AAA / Aaa / NRFord Credit Auto Owner Trust 1.6% AAA / Aaa / AAAGM Financial Consumer Automobile Receiv 1.5% AAA / Aaa / AAAHarley-Davidson Inc 0.1% NR / Aaa / AAAHonda Auto Receivables Owner Trust 0.4% AAA / Aaa / AAAHyundai Auto Receivables Trust 1.1% AAA / NR / AAAJPMorgan Chase & Co 0.7% AAA / NR / AAAKubota Credit Owner Trust 1.5% NR / Aaa / AAAMercedes-Benz Auto Receivables Trust 0.6% AAA / Aaa / AAANissan Auto Receivables Owner Trust 1.4% AAA / Aaa / AAAPorsche Innovative Lease Owner 0.1% AAA / NR / AAAT-Mobile US Trust 0.2% NR / Aaa / AAAToyota Auto Receivables Owner Trust 1.2% 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 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 30, 2025
Portfolio Characteristics
$0.0
$34.0$68.0
$102.0$136.0$170.0
Millions
September 2025
$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
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 Dec-24 % of Total Mar-25 % of Total Jun-25 % of Total Sep-25 % of Total U.S. Treasury $76.0 48.4% $70.6 44.2% $60.0 37.0% $65.1 39.7% Agency CMBS $14.8 9.4% $17.5 11.0% $21.2 13.1% $19.6 12.0% Municipal $0.4 0.3% $0.4 0.3% $0.9 0.6% $0.5 0.3%Negotiable CD $4.8 3.1% $3.4 2.1% $3.4 2.1% $2.6 1.6%Corporate $33.2 21.2% $36.9 23.2% $44.4 27.5% $44.6 27.3% ABS $27.6 17.6% $30.6 19.2% $31.9 19.7% $31.3 19.1%
Total $156.8 100.0% $159.5 100.0% $161.7 100.0% $163.7 100.0% 13 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 30, 2025
Portfolio Activity
Portfolio Activity - CITY OF MANTECA
Net Activity by Sector
($ millions)
Agency CMBS
Negotiable CD
ABS
Municipal
Corporate
U.S. Treasury
Agency CMBS
Negotiable CD
ABS
Municipal
Corporate
U.S. Treasury
($10.0) ($5.0) $0.0 $5.0 $10.0 $15.0
Based on total proceeds (principal and accrued interest) of buys, sells, maturities, and principal paydowns. Detail may not add to total due to rounding.

Sector Net ActivityU.S. Treasury $4,954,670Corporate $137,231Municipal ($395,000) ABS ($635,386)
Negotiable CD ($760,352)
Agency CMBS ($1,698,311)
Total Net Activity $1,602,853
Sales/Maturities Purchases
14 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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%1.0%2.0%3.0%4.0%5.0%
Return
Portfolio Benchmark
Portfolio Performance
Market Value Basis Earnings 3 Months 1 Year 3 Years 5 Years 10 YearsInterest Earned² $1,708,204 $6,758,087 $16,244,245 $19,423,541 $32,576,847Change in Market Value $337,267 $154,532 $5,669,350 ($3,676,851) ($690,928) Total Dollar Return $2,045,471 $6,912,619 $21,913,595 $15,746,690 $31,885,919Total Return³ Portfolio 1.25% 4.37% 4.86% 2.02% 2.09%Benchmark⁴ 1.12% 3.87% 4.35% 1.57% 1.69% 3 Months 1 Year 3 Years 5 Years 10 Years
15 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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
$1,708,204
$81,214
$82,607
$1,872,025
1 Year
$6,758,087
$272,883
$338,452
$7,369,422
3 Years
$16,244,245
($3,429,953)
$758,871
$13,573,162
5 Year
$19,423,541
($2,935,059)
$546,891
$17,035,373
10 Year¹
$32,576,847
($2,324,166)
$491,621
$30,744,302
16 ATTACHMENT
1 Portfolio Holdings and Transactions
PFM Asset Management | pfmam.com
ATTACHMENT 1
PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 30, 2025
Portfolio Composition
Issuer Distribution
As of September 30, 2025
Issuer Market Value ($) % of Portfolio
UNITED STATES TREASURY 65,091,820 39.75%FEDERAL HOME LOAN MORTGAGE CORP 17,884,245 10.92% AMERICAN EXPRESS CO 3,587,946 2.19%
FORD CREDIT AUTO OWNER TRUST 2,662,382 1.63%KUBOTA CREDIT OWNER TRUST 2,480,510 1.52%GM FINANCIAL CONSUMER AUTOMOBILE RECEIV 2,439,383 1.49%NISSAN AUTO RECEIVABLES OWNER TRUST 2,348,776 1.43%JPMORGAN CHASE & CO 2,297,698 1.40%BANK OF AMERICA CORP 1,999,993 1.22%WELLS FARGO & CO 1,963,365 1.20%TOYOTA AUTO RECEIVABLES OWNER TRUST 1,952,152 1.19%CITIGROUP INC 1,924,891 1.18%CAPITAL ONE FINANCIAL CORP 1,905,916 1.16% ANZ GROUP HOLDINGS LTD 1,819,079 1.11%
HYUNDAI AUTO RECEIVABLES TRUST 1,768,710 1.08%FEDERAL NATIONAL MORTGAGE ASSOCIATION 1,694,903 1.04%MORGAN STANLEY 1,283,240 0.78%VOLKSWAGEN AUTO LOAN ENHANCED TRUST 1,273,012 0.78%WF CARD ISSUANCE TRUST 1,257,056 0.77%PEPSICO INC 1,191,340 0.73%PACCAR INC 1,191,329 0.73% ADOBE INC 1,180,128 0.72%
NATIONAL AUSTRALIA BANK LTD 1,179,724 0.72%COOPERATIEVE RABOBANK UA 1,146,446 0.70% 18 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 30, 2025
Portfolio Composition
Issuer Market Value ($) % of PortfolioCREDIT AGRICOLE GROUP 1,133,415 0.69%JOHNSON & JOHNSON 1,121,775 0.69%GROUPE BPCE 1,118,081 0.68%BMW VEHICLE LEASE TRUST 1,107,786 0.68%BAYERISCHE MOTOREN WERKE AG 1,096,277 0.67%NATIONAL RURAL UTILITIES COOPERATIVE FI 1,087,651 0.66%MERCEDES-BENZ AUTO RECEIVABLES TRUST 1,063,913 0.65%TOYOTA MOTOR CORP 1,040,754 0.64%HONDA MOTOR CO LTD 1,018,620 0.62%ELI LILLY & CO 1,015,252 0.62%UNITEDHEALTH GROUP INC 1,008,193 0.62% APPLE INC 1,006,747 0.61%
MERCK & CO INC 1,002,213 0.61%CATERPILLAR INC 977,387 0.60%GOLDMAN SACHS GROUP INC 975,389 0.60%CISCO SYSTEMS INC 956,346 0.58%CHEVRON CORP 953,119 0.58%TRUIST FINANCIAL CORP 952,351 0.58%VERIZON MASTER TRUST 912,518 0.56% ANALOG DEVICES INC 896,234 0.55%
DEERE & CO 889,688 0.54%
ALLY AUTO RECEIVABLES TRUST 876,737 0.54%
BP PLC 832,240 0.51%ROCHE HOLDING AG 776,060 0.47%
AIR PRODUCTS AND CHEMICALS INC 756,786 0.46%
BLACKROCK INC 754,915 0.46%HONEYWELL INTERNATIONAL INC 733,600 0.45% 19 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 30, 2025
Portfolio Composition
Issuer Market Value ($) % of PortfolioUNITED SERVICES AUTOMOBILE ASSOCIATION 730,303 0.45%BA CREDIT CARD TRUST 728,458 0.44%MASTERCARD INC 727,891 0.44%HONDA AUTO RECEIVABLES OWNER TRUST 726,524 0.44%CHASE AUTO OWNER TRUST 713,598 0.44%TEXAS INSTRUMENTS INC 651,126 0.40%BANK OF NEW YORK MELLON CORP 631,678 0.39% ADVANCED MICRO DEVICES INC 605,230 0.37%
FIFTH THIRD AUTO TRUST 597,828 0.37%
ASTRAZENECA PLC 551,130 0.34%
LOS ANGELES UNIFIED SCHOOL DISTRICT/CA 505,339 0.31%CARMAX INC 485,118 0.30%CINTAS CORP 477,038 0.29%COMMONWEALTH BANK OF AUSTRALIA 455,322 0.28%STATE STREET CORP 442,185 0.27%HOME DEPOT INC 387,340 0.24%DEPOSITORY TRUST & CLEARING CORP 382,657 0.23%UBS GROUP AG 368,092 0.22%PNC FINANCIAL SERVICES GROUP INC 336,357 0.21%WALMART INC 332,244 0.20%HERSHEY CO 325,078 0.20%HORMEL FOODS CORP 323,596 0.20%USAA AUTO OWNER TRUST 323,092 0.20%UNILEVER PLC 307,297 0.19%T-MOBILE US TRUST 307,111 0.19%MARS INC 293,546 0.18% ACCENTURE PLC 235,246 0.14%
20 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 30, 2025
Portfolio Composition
Issuer Market Value ($) % of PortfolioHSBC HOLDINGS PLC 233,252 0.14%BRISTOL-MYERS SQUIBB CO 232,996 0.14%HARLEY-DAVIDSON INC 213,985 0.13%TARGET CORP 207,039 0.13%PORSCHE INNOVATIVE LEASE OWNER 202,292 0.12%CUMMINS INC 80,600 0.05% Grand Total 163,708,678 100.00%
21 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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 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 13,170.86 2,494,566.38 2,514,452.50 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 3,951.26 746,695.60 754,335.75 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 2,107.34 398,690.88 402,312.40 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 2,817.68 1,494,550.87 1,512,187.50 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 2,817.68 1,494,446.63 1,512,187.50 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 31,687.50 1,524,370.27 1,543,824.60 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 25,973.36 1,247,031.82 1,265,430.00 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 8,830.94 423,073.65 430,246.20 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 26,345.79 1,550,172.64 1,570,222.85 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 15,297.55 898,898.34 911,742.30 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 52,691.58 3,094,568.74 3,140,445.70 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 6,373.98 374,255.62 379,892.63 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 22,946.33 1,346,389.75 1,367,613.45 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 21,246.60 1,247,956.59 1,266,308.75 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 14,141.47 1,535,877.53 1,544,121.98 22 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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 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 11,973.51 2,506,548.60 2,505,175.00 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 2,610.50 1,745,202.72 1,741,934.25 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 4,624.31 3,094,803.52 3,085,712.10 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 3.52 522.10 349,034.65 348,386.85 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 3,654.70 2,442,317.11 2,438,707.95 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 25,049.86 1,394,020.17 1,406,890.80 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 28,628.42 1,591,412.29 1,607,875.20 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 16,998.12 944,124.76 954,675.90 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 24,539.83 1,575,817.60 1,591,057.12 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 24,539.83 1,575,047.52 1,591,057.12 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 24,539.83 1,573,603.72 1,591,057.12 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 19,533.81 1,489,742.63 1,507,909.50 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 14,187.84 1,574,466.64 1,596,471.98 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 14,187.84 1,572,003.25 1,596,471.98 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 2,740.33 1,606,555.80 1,610,062.40 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 28,328.80 1,998,763.13 2,006,406.00 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 28,328.80 1,987,059.56 2,006,406.00 23 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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 05/15/2025 3.750% 05/15/2028
91282CND9 1,500,000.00 AA+ Aa1 6/5/2025 6/10/2025 1,493,906.25 3.90 21,246.60 1,494,514.83 1,504,804.50 US TREASURY N/BDTD 06/16/2025 3.875% 06/15/2028
91282CNH0 1,575,000.00 AA+ Aa1 7/2/2025 7/7/2025 1,579,614.26 3.77 18,009.22 1,579,265.70 1,585,336.73 US TREASURY N/BDTD 06/16/2025 3.875% 06/15/2028
91282CNH0 250,000.00 AA+ Aa1 7/3/2025 7/9/2025 250,332.03 3.83 2,858.61 250,307.38 251,640.75 US TREASURY N/BDTD 07/15/2025 3.875% 07/15/2028
91282CNM9 1,225,000.00 AA+ Aa1 7/14/2025 7/17/2025 1,225,287.11 3.87 10,061.31 1,225,269.40 1,232,942.90 US TREASURY N/BDTD 07/15/2025 3.875% 07/15/2028
91282CNM9 850,000.00 AA+ Aa1 8/1/2025 8/6/2025 849,402.34 3.90 6,981.32 849,432.84 855,511.40 US TREASURY N/BDTD 07/15/2025 3.875% 07/15/2028
91282CNM9 750,000.00 AA+ Aa1 7/9/2025 7/15/2025 750,703.13 3.84 6,159.99 750,656.09 754,863.00 US TREASURY N/BDTD 08/15/2025 3.625% 08/15/2028
91282CNU1 1,650,000.00 AA+ Aa1 9/2/2025 9/5/2025 1,650,064.45 3.62 7,639.10 1,650,066.92 1,650,000.00 US TREASURY N/BDTD 08/15/2025 3.625% 08/15/2028
91282CNU1 1,400,000.00 AA+ Aa1 8/8/2025 8/15/2025 1,397,101.56 3.70 6,481.66 1,397,221.08 1,400,000.00 US TREASURY N/BDTD 09/15/2025 3.375% 09/15/2028
91282CNY3 1,500,000.00 AA+ Aa1 9/18/2025 9/19/2025 1,492,734.38 3.55 2,237.57 1,492,812.89 1,489,804.50 US TREASURY N/BDTD 09/15/2025 3.375% 09/15/2028
91282CNY3 600,000.00 AA+ Aa1 9/23/2025 9/25/2025 596,625.00 3.58 895.03 596,644.30 595,921.80 US TREASURY N/BDTD 09/15/2025 3.375% 09/15/2028
91282CNY3 2,000,000.00 AA+ Aa1 9/10/2025 9/15/2025 1,994,140.63 3.48 2,983.43 1,994,228.09 1,986,406.00 US TREASURY N/BDTD 09/15/2025 3.375% 09/15/2028
91282CNY3 1,000,000.00 AA+ Aa1 9/25/2025 9/26/2025 991,953.13 3.66 1,491.71 991,990.98 993,203.00 US TREASURY N/BDTD 09/15/2025 3.375% 09/15/2028
91282CNY3 1,500,000.00 AA+ Aa1 9/17/2025 9/19/2025 1,494,726.56 3.50 2,237.57 1,494,782.91 1,489,804.50 Security Type Sub-Total 64,775,000.00 64,610,466.79 4.02 614,671.47 64,659,262.39 65,091,820.46 Negotiable CD
COOPERAT RABOBANK UA/NYDTD 07/20/2023 5.080% 07/17/2026 21684LGS5 350,000.00 A-1 P-1 7/17/2023 7/20/2023 350,000.00 5.08 3,654.78 350,000.00 354,160.80 NATIXIS NY BRANCHDTD 09/20/2023 5.610% 09/18/2026
63873QP65 1,100,000.00 A-1 P-1 9/18/2023 9/20/2023 1,100,000.00 5.61 2,228.42 1,100,000.00 1,118,080.70 24 ATTACHMENT
1 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 1,980.49 189,989.69 190,192.66 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 4.47 278.13 124,987.09 125,056.25

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 4,042.50 329,896.27 332,793.12 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 3,678.75 449,888.87 454,927.95 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 4.58 750.75 109,970.30 110,585.31 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 4,785.36 725,000.00 734,019.00 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 12,412.13 495,000.00 495,409.86 STATE STREET CORP (CALLABLE)DTD 11/04/2022 5.751% 11/04/2026 857477BX0 205,000.00 A Aa3 11/1/2022 11/4/2022 205,000.00 5.75 4,814.07 205,000.00 205,239.44 NATIONAL RURAL UTIL COOP(CALLABLE)DTD 11/02/2023 5.600% 11/13/2026 63743HFK3 200,000.00 A- A2 10/30/2023 11/2/2023 199,930.00 5.61 4,293.33 199,972.90 203,252.00 25 ATTACHMENT
1 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 9,631.94 1,000,000.00 1,010,522.00 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 4.76 730.22 85,000.00 85,091.80 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 4,368.08 644,807.77 651,126.21 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 4,810.00 739,817.28 746,301.84 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 1,220.92 229,880.56 232,996.44 CISCO SYSTEMS INC (CALLABLE)DTD 02/26/2024 4.800% 02/26/2027 17275RBQ4 945,000.00 AA- A1 2/21/2024 2/26/2024 943,771.50 4.85 4,410.00 944,405.00 956,345.67

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 2,543.33 544,556.15 551,129.62 26 ATTACHMENT
1 PFM Asset Management | pfmam.com

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 1,267.19 489,865.43 495,634.02 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 5.04 466.67 279,827.95 284,392.64 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 42.67 319,874.69 323,595.52

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 10,969.08 459,880.32 466,748.66 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 21,211.11 996,375.92 1,008,193.00 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 5,750.25 329,966.12 332,244.33 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 10,880.00 639,764.84 645,776.00 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 6,015.08 379,721.77 382,657.34 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 9,286.51 475,000.00 478,646.10 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 12,512.50 713,811.15 730,303.15 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 6,295.16 405,000.00 412,832.29 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 2,405.00 184,635.73 188,061.94 BLACKROCK FUNDING INC(CALLABLE)DTD 07/26/2024 4.600% 07/26/2027 09290DAH4 745,000.00 AA- Aa3 7/17/2024 7/26/2024 744,977.65 4.60 6,187.64 744,987.15 754,915.21 HONEYWELL INTERNATIONAL(CALLABLE)DTD 08/01/2024 4.650% 07/30/2027 438516CX2 725,000.00 A A2 7/29/2024 8/1/2024 724,978.25 4.65 5,712.40 724,987.42 733,599.95 27 ATTACHMENT
1 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 4,506.13 234,793.24 235,246.04 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 15,219.63 815,000.00 832,239.70 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 3,994.56 365,000.00 368,092.28 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 2,986.17 344,868.72 346,827.47

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 6,834.72 699,712.82 713,379.10 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 7,358.41 775,000.00 792,285.60 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 7,843.13 1,174,608.50 1,191,339.55 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 1,211.25 169,940.60 172,506.48 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 1,641.16 264,864.95 268,950.09 HERSHEY COMPANY (CALLABLE)DTD 02/24/2025 4.550% 02/24/2028 427866BK3 320,000.00 A A1 2/19/2025 2/24/2025 319,779.20 4.57 1,496.44 319,821.80 325,078.40 CHEVRON USA INC (CALLABLE)DTD 02/26/2025 4.475% 02/26/2028 166756BB1 940,000.00 AA- Aa2 2/24/2025 2/26/2025 940,000.00 4.48 4,089.65 940,000.00 953,118.64 28 ATTACHMENT
1 PFM Asset Management | pfmam.com

ADVANCED MICRO DEVICES
(CALLABLE)DTD 03/24/2025 4.319% 03/24/2028
007903BJ5 600,000.00 A A1 3/10/2025 3/24/2025 600,000.00 4.32 503.88 600,000.00 605,229.60 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 4,655.94 235,000.00 236,945.09 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 8,257.08 474,471.98 477,037.75 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 12,071.80 650,000.00 654,495.40 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 1,341.11 79,951.00 80,600.48

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 15,444.44 998,281.32 1,006,747.00 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 5,828.89 305,000.00 311,722.20 HSBC USA INCDTD 06/03/2025 4.650% 06/03/2028
40428HR95 230,000.00 A- A2 5/27/2025 6/3/2025 229,891.90 4.67 3,505.58 229,903.44 233,252.43 29 ATTACHMENT
1 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 9,854.17 749,546.99 756,786.00 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 9,822.24 760,000.00 766,891.68

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 11,032.29 889,129.32 896,233.56 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 2,749.56 204,998.45 207,038.73

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 9,984.13 800,000.00 808,556.80 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 3,506.58 330,000.00 334,878.39 PNC BANK NA (CALLABLE)DTD 07/21/2025 4.429% 07/21/2028
69353RFZ6 250,000.00 A A2 7/17/2025 7/21/2025 250,000.00 4.43 2,152.99 250,000.00 251,265.50 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 4,151.24 435,000.00 441,626.79 TRUIST BANK (CALLABLE)DTD 07/24/2025 4.420% 07/24/2028
89788JAF6 455,000.00 A A3 7/21/2025 7/24/2025 455,000.00 4.42 3,742.88 455,000.00 456,941.49

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 1,365.81 150,000.00 152,559.45 NATIONAL RURAL UTIL COOP(CALLABLE)DTD 08/25/2025 4.150% 08/25/2028 63743HFZ0 290,000.00 NR A2 8/19/2025 8/25/2025 289,675.20 4.19 1,203.50 289,685.62 290,783.87 HOME DEPOT INC (CALLABLE)DTD 09/15/2025 3.750% 09/15/2028 437076DH2 200,000.00 A A2 9/8/2025 9/15/2025 199,870.00 3.77 333.33 199,871.95 199,278.00 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 4,513.01 410,000.00 417,344.74 30 ATTACHMENT
1 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 11,070.54 540,000.00 548,509.86

AMERICAN EXPRESS CO (CALLABLE)
DTD 07/25/2025 4.351% 07/20/2029
025816EJ4 500,000.00 A- A2 7/21/2025 7/25/2025 500,000.00 4.35 3,988.42 500,000.00 502,950.00 WELLS FARGO & COMPANY(CALLABLE)DTD 09/15/2025 4.078% 09/15/2029 95000U4A8 750,000.00 BBB+ A1 9/8/2025 9/15/2025 750,000.00 4.08 1,359.33 750,000.00 747,660.75 Security Type Sub-Total 44,135,000.00 44,081,836.05 4.70 464,176.36 44,110,983.64 44,622,374.21 Agency CMBS
FHMS K053 A2DTD 03/01/2016 2.995% 12/01/2025
3137BN6G4 674,087.80 AA+ Aa1 8/4/2022 8/9/2022 666,320.00 3.35 1,682.41 673,551.21 671,183.83 FHMS K054 A2DTD 04/01/2016 2.745% 01/01/2026
3137BNGT5 383,833.46 AA+ Aa1 3/1/2023 3/6/2023 361,463.17 4.90 878.02 381,378.97 381,670.17 FNA 2016-M3 A2DTD 03/01/2016 2.702% 02/01/2026
3136ARTE8 543,062.95 AA+ Aa1 10/6/2022 10/12/2022 512,345.96 4.51 1,222.80 539,416.42 539,342.43 FHMS K734 A2DTD 04/01/2019 3.208% 02/01/2026
3137FLN34 449,868.08 AA+ Aa1 10/18/2023 10/23/2023 428,604.78 5.35 1,202.65 446,231.60 447,973.68 FHMS K057 A2DTD 09/01/2016 2.570% 07/01/2026
3137BRQJ7 620,310.95 AA+ Aa1 5/18/2023 5/23/2023 589,828.49 4.22 1,328.50 612,463.45 613,416.82 FHMS K057 A2DTD 09/01/2016 2.570% 07/01/2026
3137BRQJ7 551,387.52 AA+ Aa1 3/2/2023 3/7/2023 512,747.32 4.81 1,180.89 542,060.58 545,259.40 31 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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 K736 A2DTD 09/01/2019 2.282% 07/01/2026
3137FNWX4 710,560.95 AA+ Aa1 10/5/2023 10/11/2023 659,295.09 5.05 1,351.25 695,548.84 701,405.38 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 1,658.13 740,845.70 741,162.00 FHMS K059 A2DTD 11/01/2016 3.120% 09/01/2026
3137BSRE5 1,249,581.39 AA+ Aa1 11/15/2023 11/20/2023 1,183,539.06 5.11 3,248.91 1,225,418.41 1,238,964.95 FHMS K061 A2DTD 01/01/2017 3.347% 11/01/2026
3137BTUM1 498,121.91 AA+ Aa1 5/19/2023 5/24/2023 482,789.09 4.29 1,389.35 493,087.97 493,163.10 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 1,715.00 586,158.19 596,180.40 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 1,756.63 632,887.17 643,111.30 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 2,078.00 785,637.27 789,549.60 FNA 2024-M6 A2DTD 11/01/2024 2.904% 07/01/2027
3136BTGM9 1,175,000.00 AA+ Aa1 12/12/2024 12/17/2024 1,133,875.00 4.32 2,843.50 1,145,761.98 1,155,560.80 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 2,262.42 834,515.78 838,910.90 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 2,162.67 777,240.71 790,621.60 FHMS K069 A2DTD 11/01/2017 3.187% 09/01/2027
3137FBU79 781,064.31 AA+ Aa1 6/17/2024 6/21/2024 743,292.53 4.78 2,074.38 757,318.50 769,917.74 FHMS K739 A2DTD 11/01/2020 1.336% 09/01/2027
3137F64P9 1,426,259.85 AA+ Aa1 10/30/2024 11/4/2024 1,316,783.26 4.14 1,587.90 1,349,573.32 1,366,038.88 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 1,857.94 657,853.24 666,416.03 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 2,400.00 786,065.66 794,244.00 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 3,041.67 985,651.33 993,628.00 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 2,925.00 891,774.63 899,875.80 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 4.38 893.75 271,770.73 274,962.05 32 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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 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 2,646.88 814,553.48 823,373.10 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 1,290.63 818,822.29 828,522.63 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 3,189.88 966,555.85 974,693.85 Security Type Sub-Total 19,838,139.19 19,030,393.51 4.48 49,869.16 19,412,143.28 19,579,148.44 ABS
TAOT 2022-B A3DTD 04/13/2022 2.930% 09/15/2026
89238FAD5 15,091.58 AAA Aaa 4/7/2022 4/13/2022 15,091.22 2.93 19.65 15,091.50 15,082.82 KCOT 2022-1A A3DTD 03/23/2022 2.670% 10/15/2026
50117EAC8 66,127.90 NR Aaa 3/15/2022 3/23/2022 66,118.45 2.67 78.47 66,125.75 66,037.97 HART 2022-B A3DTD 07/20/2022 3.720% 11/16/2026
44918MAD2 20,122.81 AAA NR 7/12/2022 7/20/2022 20,122.80 3.72 33.27 20,122.81 20,117.48 KCOT 2022-2A A3DTD 07/21/2022 4.090% 12/15/2026
50117JAC7 135,445.64 NR Aaa 7/14/2022 7/21/2022 135,420.81 4.09 246.21 135,438.84 135,404.33 CARMX 2022-2 A3DTD 04/28/2022 3.490% 02/16/2027
14317HAC5 38,557.47 AAA Aaa 4/21/2022 4/28/2022 38,551.61 3.49 59.81 38,555.79 38,534.88 GMCAR 2022-2 A3DTD 04/13/2022 3.100% 02/16/2027
362585AC5 31,886.10 AAA Aaa 4/5/2022 4/13/2022 31,879.44 3.10 41.19 31,884.21 31,846.69 TAOT 2022-C A3DTD 08/16/2022 3.760% 04/15/2027
89231CAD9 70,076.63 AAA NR 8/8/2022 8/16/2022 70,064.91 3.76 117.11 70,072.76 69,994.64 CARMX 2022-3 A3DTD 07/20/2022 3.970% 04/15/2027
14318MAD1 155,641.17 AAA NR 7/12/2022 7/20/2022 155,637.50 3.97 274.62 155,639.98 155,549.50 COPAR 2022-1 A3DTD 05/04/2022 3.170% 04/15/2027
14043QAC6 73,608.08 AAA NR 4/26/2022 5/4/2022 73,591.99 3.17 103.71 73,603.08 73,452.84 GMCAR 2022-3 A3DTD 07/13/2022 3.640% 04/16/2027
36265WAD5 61,553.26 NR Aaa 7/6/2022 7/13/2022 61,552.83 3.64 93.36 61,553.12 61,505.06 ALLYA 2022-2 A3
DTD 10/12/2022 4.760% 05/17/2027
02008MAC3 217,633.38 AAA Aaa 10/4/2022 10/12/2022 217,630.69 4.76 460.42 217,632.43 217,855.81 COPAR 2022-2 A3DTD 08/10/2022 3.660% 05/17/2027
14043GAD6 111,736.95 AAA Aaa 8/2/2022 8/10/2022 111,728.95 3.66 181.76 111,734.22 111,588.79 33 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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
NAROT 2022-B A3DTD 09/28/2022 4.460% 05/17/2027
65480JAC4 153,047.74 AAA Aaa 9/20/2022 9/28/2022 153,016.08 4.46 303.37 153,036.62 153,195.13 KCOT 2023-1A A3DTD 03/31/2023 5.020% 06/15/2027
50117KAC4 314,101.42 NR Aaa 3/28/2023 3/31/2023 314,052.27 5.02 700.80 314,081.48 315,390.18 CARMX 2022-4 A3DTD 10/31/2022 5.340% 08/16/2027
14318UAD3 289,958.13 AAA NR 10/26/2022 10/31/2022 289,890.13 5.35 688.17 289,931.52 291,033.30 MBART 2022-1 A3DTD 11/22/2022 5.210% 08/16/2027
58768PAC8 335,621.54 AAA Aaa 11/15/2022 11/22/2022 335,555.15 5.21 777.15 335,595.24 336,876.76 TAOT 2023-A A3DTD 01/30/2023 4.630% 09/15/2027
891940AC2 119,533.95 AAA NR 1/24/2023 1/30/2023 119,533.90 4.63 245.97 119,533.93 119,785.69 HAROT 2023-2 A3DTD 05/30/2023 4.930% 11/15/2027
437927AC0 253,101.10 AAA Aaa 5/23/2023 5/30/2023 253,060.09 4.93 554.57 253,081.58 254,253.47 MBART 2023-1 A3DTD 01/25/2023 4.510% 11/15/2027
58770AAC7 98,604.30 AAA NR 1/18/2023 1/25/2023 98,592.47 4.51 197.65 98,599.07 98,780.11 HDMOT 2023-A A3DTD 02/23/2023 5.050% 12/15/2027
41285JAD0 213,275.94 NR Aaa 2/13/2023 2/23/2023 213,254.47 5.05 478.69 213,266.10 213,985.30 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 4.61 768.33 374,963.11 376,561.50 KCOT 2023-2A A3DTD 07/26/2023 5.280% 01/18/2028
500945AC4 371,212.45 NR Aaa 7/18/2023 7/26/2023 371,118.69 5.29 871.11 371,164.35 374,295.74 FORDO 2023-A A3DTD 03/31/2023 4.650% 02/15/2028
344928AD8 198,964.54 AAA NR 3/28/2023 3/31/2023 198,943.79 4.65 411.19 198,954.43 199,501.34 TAOT 2023-B A3DTD 05/23/2023 4.710% 02/15/2028
891941AD8 402,492.55 NR Aaa 5/16/2023 5/23/2023 402,470.05 4.71 842.55 402,481.26 403,951.18 BAAT 2023-1A A3DTD 07/31/2023 5.530% 02/15/2028
06428AAC2 239,616.69 NR Aaa 7/25/2023 7/31/2023 239,607.61 5.53 588.92 239,611.94 241,557.34 GMCAR 2023-2 A3DTD 04/12/2023 4.470% 02/16/2028
362583AD8 211,161.14 AAA Aaa 4/4/2023 4/12/2023 211,155.33 4.47 393.29 211,158.29 211,541.02 BMWOT 2023-A A3DTD 07/18/2023 5.470% 02/25/2028
05592XAD2 141,833.02 AAA NR 7/11/2023 7/18/2023 141,807.89 5.47 129.30 141,819.92 142,834.79 ALLYA 2023-1 A3
DTD 07/19/2023 5.460% 05/15/2028
02007WAC2 355,063.09 NR Aaa 7/11/2023 7/19/2023 355,002.55 5.48 861.62 355,030.17 358,157.11 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 4.87 822.49 379,982.03 382,064.92 34 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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
FORDO 2023-B A3DTD 06/26/2023 5.230% 05/15/2028
344930AD4 305,001.19 AAA NR 6/21/2023 6/26/2023 304,997.08 5.23 708.96 304,998.98 307,220.69 HAROT 2023-4 A3DTD 11/08/2023 5.670% 06/21/2028
438123AC5 218,819.91 NR Aaa 11/1/2023 11/8/2023 218,781.38 5.67 344.64 218,796.23 221,408.99 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 4.43 232.58 314,994.33 317,407.23 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 5.19 934.20 404,990.54 410,593.05 TAOT 2023-D A3DTD 11/14/2023 5.540% 08/15/2028
89239FAD4 198,751.71 AAA NR 11/7/2023 11/14/2023 198,730.28 5.54 489.37 198,738.54 201,037.55 FITAT 2023-1 A3DTD 08/23/2023 5.530% 08/15/2028
31680EAD3 592,374.45 AAA Aaa 8/15/2023 8/23/2023 592,337.72 5.53 1,455.92 592,353.25 597,827.84 GMCAR 2023-4 A3DTD 10/11/2023 5.780% 08/16/2028
379930AD2 297,235.15 AAA Aaa 10/3/2023 10/11/2023 297,174.09 5.78 715.84 297,197.44 300,660.78 HART 2023-C A3DTD 11/13/2023 5.540% 10/16/2028
44918CAD4 229,676.12 AAA NR 11/3/2023 11/13/2023 229,645.92 5.54 565.51 229,656.87 232,110.92 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 4.61 281.72 199,981.24 202,292.20 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 5.35 404.22 169,980.49 171,671.61 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 1,192.27 509,991.21 519,472.74 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 4.98 586.53 264,977.06 268,251.81 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 1,179,920.13 1,193,769.42 CHAIT 2024-A1 ADTD 01/31/2024 4.600% 01/15/2029
161571HV9 1,085,000.00 AAA NR 1/24/2024 1/31/2024 1,084,834.75 4.60 2,218.22 1,084,887.61 1,095,272.78 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 5.18 552.53 639,928.27 647,544.32 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 5.03 715.38 319,954.42 323,092.48 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 5.10 658.75 309,956.84 312,852.62 35 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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
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 2,074.00 914,994.09 928,498.08 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 1,293.19 604,929.61 612,668.98 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 1,019.20 519,970.46 523,957.72 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 1,167.67 564,980.41 572,907.18 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 4.14 552.00 299,975.83 300,723.90 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 4.63 360.75 254,980.47 257,946.02 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 1,412.62 684,978.19 693,674.16 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 4.40 760.83 414,935.06 417,856.86 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 1,004,971.38 1,015,066.08 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 4.18 205.52 294,975.59 295,821.57 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 1,054,834.04 1,056,220.64 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 4.42 550.04 280,000.00 282,754.08 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 1,214,896.87 1,227,162.15 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 1,891.20 984,872.45 992,523.43 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 4.15 461.11 249,974.94 250,861.25 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 4.29 981.93 514,937.08 519,254.42 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 4.34 858.36 444,978.20 448,626.30 36 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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
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 4.35 305.71 229,986.09 231,470.16 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 1,317.16 619,886.70 628,255.92 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 4.62 995.87 484,970.37 490,451.40 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 1,975.60 989,825.58 1,001,811.69 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 1,247.14 904,967.09 912,517.83 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 1,044,982.78 1,054,982.88 TMUST 2025-2A ADTD 08/06/2025 4.340% 04/22/2030
87268MAA3 305,000.00 NR Aaa 7/29/2025 8/6/2025 304,994.60 4.34 404.46 304,994.96 307,110.91 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 1,408.09 729,990.84 737,801.51 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 4.31 871.58 455,000.00 460,206.57 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 9,361.46 824,787.06 833,583.30 CHAOT 2025-1A A3DTD 07/30/2025 4.290% 06/25/2030
16145NAC5 415,000.00 NR Aaa 7/23/2025 7/30/2025 414,959.45 4.29 296.73 414,960.95 417,776.77 AMXCA 2025-4 A
DTD 07/22/2025 4.300% 07/15/2030
02582JKV1 370,000.00 AAA NR 7/15/2025 7/22/2025 369,946.68 4.30 707.11 369,948.84 373,971.21 COMET 2025-A1 ADTD 09/16/2025 3.820% 09/16/2030
14041NGF2 665,000.00 AAA NR 9/9/2025 9/16/2025 664,873.92 3.82 1,058.46 664,877.04 664,653.54 Security Type Sub-Total 31,036,927.10 31,033,538.15 4.66 67,318.99 31,034,411.95 31,304,339.23 Managed Account Sub Total 162,860,066.28 161,831,234.50 1,245,720.51 163,708,677.84Securities Sub TotalAccrued Interest $162,860,066.28 $161,831,234.50 $1,245,720.51 $163,708,677.84 $1,245,720.51
162,291,801.26
$162,291,801.26

4.40 4.40%
Total Investments $164,954,398.35
37 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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)
BUY7/2/2025 7/7/2025 1,575,000.00 91282CNH0 US TREASURY N/B 3.87% 6/15/2028 1,583,282.81 3.77%7/3/2025 7/9/2025 250,000.00 91282CNH0 US TREASURY N/B 3.87% 6/15/2028 250,967.28 3.83%7/9/2025 7/15/2025 750,000.00 91282CNM9 US TREASURY N/B 3.87% 7/15/2028 750,703.13 3.84%7/14/2025 7/17/2025 1,225,000.00 91282CNM9 US TREASURY N/B 3.87% 7/15/2028 1,225,545.09 3.87%7/15/2025 7/22/2025 370,000.00 02582JKV1 AMXCA 2025-4 A 4.30% 7/15/2030 369,946.68 4.30%7/17/2025 7/21/2025 250,000.00 69353RFZ6 PNC BANK NA (CALLABLE) 4.42% 7/21/2028 250,000.00 4.43%7/21/2025 7/24/2025 455,000.00 89788JAF6 TRUIST BANK (CALLABLE) 4.42% 7/24/2028 455,000.00 4.42%7/21/2025 7/25/2025 500,000.00 025816EJ4 AMERICAN EXPRESS CO (CALLABLE) 4.35% 7/20/2029 500,000.00 4.35%7/23/2025 7/30/2025 415,000.00 16145NAC5 CHAOT 2025-1A A3 4.29% 6/25/2030 414,959.45 4.29%7/29/2025 8/6/2025 305,000.00 87268MAA3 TMUST 2025-2A A 4.34% 4/22/2030 304,994.60 4.34%8/1/2025 8/6/2025 850,000.00 91282CNM9 US TREASURY N/B 3.87% 7/15/2028 851,371.43 3.90%8/8/2025 8/15/2025 1,400,000.00 91282CNU1 US TREASURY N/B 3.62% 8/15/2028 1,397,101.56 3.70%8/19/2025 8/25/2025 290,000.00 63743HFZ0 NATIONAL RURAL UTIL COOP (CALLABLE) 4.15% 8/25/2028 289,675.20 4.19%9/2/2025 9/5/2025 1,650,000.00 91282CNU1 US TREASURY N/B 3.62% 8/15/2028 1,653,477.66 3.62%9/2/2025 9/9/2025 1,000,000.00 58933YBP9 MERCK & CO INC 3.85% 9/15/2027 999,050.00 3.90%9/8/2025 9/15/2025 750,000.00 95000U4A8 WELLS FARGO & COMPANY (CALLABLE) 4.07% 9/15/2029 750,000.00 4.08%9/8/2025 9/15/2025 200,000.00 437076DH2 HOME DEPOT INC (CALLABLE) 3.75% 9/15/2028 199,870.00 3.77% 38 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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)
BUY9/9/2025 9/16/2025 665,000.00 14041NGF2 COMET 2025-A1 A 3.82% 9/16/2030 664,873.92 3.82%9/10/2025 9/15/2025 2,000,000.00 91282CNY3 US TREASURY N/B 3.37% 9/15/2028 1,994,140.63 3.48%9/17/2025 9/19/2025 1,500,000.00 91282CNY3 US TREASURY N/B 3.37% 9/15/2028 1,495,285.95 3.50%9/18/2025 9/19/2025 1,500,000.00 91282CNY3 US TREASURY N/B 3.37% 9/15/2028 1,493,293.77 3.55%9/23/2025 9/25/2025 600,000.00 91282CNY3 US TREASURY N/B 3.37% 9/15/2028 597,184.39 3.58%9/25/2025 9/26/2025 1,000,000.00 91282CNY3 US TREASURY N/B 3.37% 9/15/2028 992,978.68 3.66% Total BUY 19,500,000.00 19,483,702.23 0.00
CALL7/28/2025 7/28/2025 465,000.00 89788MAH5 TRUIST FINANCIAL CORP (CALLABLE) 4.26% 7/28/2026 465,000.00 4.26% Total CALL 465,000.00 465,000.00 0.00
INTEREST7/1/2025 7/1/2025 MONEY0002 MONEY MARKET FUND 0.00% 1,362.617/1/2025 7/1/2025 341271AD6 FLORIDA ST BRD OF ADM 1.25% 7/1/2025 2,484.557/1/2025 7/25/2025 3137BSP72 FHMS K058 A2 2.65% 8/1/2026 1,658.127/1/2025 7/25/2025 3137BM7C4 FHMS K051 A2 3.30% 9/1/2025 1,271.597/1/2025 7/25/2025 3137BN6G4 FHMS K053 A2 2.99% 12/1/2025 2,263.997/1/2025 7/25/2025 3136ARTE8 FNA 2016-M3 A2 2.70% 2/1/2026 1,392.29 39 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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)
INTEREST7/1/2025 7/25/2025 3137FCJK1 FHMS K070 A2 3.30% 11/1/2027 1,857.947/1/2025 7/25/2025 3137FBU79 FHMS K069 A2 3.18% 9/1/2027 2,085.087/1/2025 7/25/2025 3137F1G44 FHMS K065 A2 3.24% 4/1/2027 1,756.637/1/2025 7/25/2025 3137FEZU7 FHMS K076 A2 3.90% 4/1/2028 3,818.757/1/2025 7/25/2025 3137F4X72 FHMS K075 A2 3.65% 2/1/2028 3,041.677/1/2025 7/25/2025 3137FG6X8 FHMS K077 A2 3.85% 5/1/2028 2,646.877/1/2025 7/25/2025 3136BTGM9 FNA 2024-M6 A2 2.90% 7/1/2027 2,846.967/1/2025 7/25/2025 3137BRQJ7 FHMS K057 A2 2.57% 7/1/2026 2,595.167/1/2025 7/25/2025 3137BVZ82 FHMS K063 A2 3.43% 1/1/2027 1,715.007/1/2025 7/25/2025 3137FLN34 FHMS K734 A2 3.20% 2/1/2026 1,616.657/1/2025 7/25/2025 3137FNWX4 FHMS K736 A2 2.28% 7/1/2026 1,357.767/1/2025 7/25/2025 3137BSRE5 FHMS K059 A2 3.12% 9/1/2026 3,250.007/1/2025 7/25/2025 3137FGZT5 FHMS K079 A2 3.92% 6/1/2028 3,189.877/1/2025 7/25/2025 3137FBBX3 FHMS K068 A2 3.24% 8/1/2027 2,162.677/1/2025 7/25/2025 3137H14B9 FHMS K743 A2 1.77% 5/1/2028 1,290.637/1/2025 7/25/2025 3137F64P9 FHMS K739 A2 1.33% 9/1/2027 1,596.447/1/2025 7/25/2025 3137F2LJ3 FHMS K066 A2 3.11% 6/1/2027 2,078.00 40 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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)
INTEREST7/1/2025 7/25/2025 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 2,173.587/1/2025 7/25/2025 3137F4D41 FHMS K074 A2 3.60% 1/1/2028 2,400.007/1/2025 7/25/2025 3137BTUM1 FHMS K061 A2 3.34% 11/1/2026 1,396.527/1/2025 7/25/2025 3137FAWS3 FHMS K067 A2 3.19% 7/1/2027 2,262.427/1/2025 7/25/2025 3137BNGT5 FHMS K054 A2 2.74% 1/1/2026 924.167/7/2025 7/7/2025 02665WEK3 AMERICAN HONDA FINANCE 5.25% 7/7/2026 8,662.507/7/2025 7/7/2025 14913UAV2 CATERPILLAR FINL SERVICE (CALLABLE) 4.50% 1/7/2027 11,187.507/8/2025 7/8/2025 14913UAE0 CATERPILLAR FINL SERVICE 4.50% 1/8/2027 10,575.007/10/2025 7/10/2025 90261AAD4 UBS AG STAMFORD CT (CALLABLE) 4.86% 1/10/2028 8,876.807/12/2025 7/12/2025 61690DK72 MORGAN STANLEY BANK NA (CALLABLE) 5.01% 1/12/2029 9,768.667/12/2025 7/12/2025 02665WEC1 AMERICAN HONDA FINANCE 4.75% 1/12/2026 4,512.507/14/2025 7/14/2025 61690U8E3 MORGAN STANLEY BANK NA (CALLABLE) 4.96% 7/14/2028 8,197.207/15/2025 7/15/2025 44935CAD3 HART 2025-A A3 4.32% 10/15/2029 3,546.007/15/2025 7/15/2025 58768PAC8 MBART 2022-1 A3 5.21% 8/16/2027 2,088.037/15/2025 7/15/2025 50117BAC4 KCOT 2024-1A A3 5.19% 7/17/2028 1,751.637/15/2025 7/15/2025 65479UAD0 NAROT 2024-A A3 5.28% 12/15/2028 5,192.007/15/2025 7/15/2025 448976AD2 HART 2024-C A3 4.41% 5/15/2029 1,911.00 41 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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)
INTEREST7/15/2025 7/15/2025 891940AC2 TAOT 2023-A A3 4.63% 9/15/2027 605.167/15/2025 7/15/2025 34535KAD0 FORDO 2025-A A3 4.45% 10/15/2029 4,505.637/15/2025 7/15/2025 02589BAE0 AMXCA 2024-3 A 4.65% 7/15/2029 2,189.387/15/2025 7/15/2025 58770AAC7 MBART 2023-1 A3 4.51% 11/15/2027 500.637/15/2025 7/15/2025 362955AD8 GMCAR 2025-1 A3 4.62% 12/17/2029 1,867.257/15/2025 7/15/2025 02007WAC2 ALLYA 2023-1 A3 5.46% 5/15/2028 1,998.957/15/2025 7/15/2025 44918MAD2 HART 2022-B A3 3.72% 11/16/2026 260.777/15/2025 7/15/2025 91282CKZ3 US TREASURY N/B 4.37% 7/15/2027 33,359.387/15/2025 7/15/2025 14317HAC5 CARMX 2022-2 A3 3.49% 2/16/2027 303.137/15/2025 7/15/2025 06428AAC2 BAAT 2023-1A A3 5.53% 2/15/2028 1,398.967/15/2025 7/15/2025 02582JJZ4 AMXCA 2023-1 A 4.87% 5/15/2028 1,542.177/15/2025 7/15/2025 91282CMF5 US TREASURY N/B 4.25% 1/15/2028 66,937.507/15/2025 7/15/2025 09709AAC6 BAAT 2024-1A A3 5.35% 11/15/2028 757.927/15/2025 7/15/2025 05522RDH8 BACCT 2023-A2 A2 4.98% 11/15/2028 1,099.757/15/2025 7/15/2025 14043GAD6 COPAR 2022-2 A3 3.66% 5/17/2027 517.827/15/2025 7/15/2025 89231CAD9 TAOT 2022-C A3 3.76% 4/15/2027 329.287/15/2025 7/15/2025 437927AC0 HAROT 2023-2 A3 4.93% 11/15/2027 1,323.78 42 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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)
INTEREST7/15/2025 7/15/2025 50117LAC2 KCOT 2025-2A A3 4.42% 9/17/2029 687.567/15/2025 7/15/2025 41285JAD0 HDMOT 2023-A A3 5.05% 12/15/2027 1,228.687/15/2025 7/15/2025 44918CAD4 HART 2023-C A3 5.54% 10/16/2028 1,108.007/15/2025 7/15/2025 41284YAD8 HDMOT 2022-A A3 3.06% 2/15/2027 140.217/15/2025 7/15/2025 57636QBA1 MASTERCARD INC (CALLABLE) 4.10% 1/15/2028 7,072.507/15/2025 7/15/2025 50117FAB7 KCOT 2025-1A A2 4.61% 12/15/2027 1,440.637/15/2025 7/15/2025 50117KAC4 KCOT 2023-1A A3 5.02% 6/15/2027 1,700.147/15/2025 7/15/2025 891941AD8 TAOT 2023-B A3 4.71% 2/15/2028 1,956.047/15/2025 7/15/2025 161571HV9 CHAIT 2024-A1 A 4.60% 1/15/2029 4,159.177/15/2025 7/15/2025 344928AD8 FORDO 2023-A A3 4.65% 2/15/2028 1,005.487/15/2025 7/15/2025 05522RDK1 BACCT 2025-A1 A 4.31% 5/15/2030 1,797.637/15/2025 7/15/2025 344930AD4 FORDO 2023-B A3 5.23% 5/15/2028 1,660.957/15/2025 7/15/2025 92970QAJ4 WFCIT 2025-A1 A 4.34% 5/15/2030 3,080.197/15/2025 7/15/2025 89238FAD5 TAOT 2022-B A3 2.93% 9/15/2026 152.287/15/2025 7/15/2025 50117JAC7 KCOT 2022-2A A3 4.09% 12/15/2026 842.577/15/2025 7/15/2025 31680EAD3 FITAT 2023-1 A3 5.53% 8/15/2028 3,354.017/15/2025 7/15/2025 91282CJT9 US TREASURY N/B 4.00% 1/15/2027 50,000.00 43 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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)
INTEREST7/15/2025 7/15/2025 92970QAE5 WFCIT 2024-A2 A 4.29% 10/15/2029 1,841.137/15/2025 7/15/2025 43815BAC4 HAROT 2022-1 A3 1.88% 5/15/2026 34.507/15/2025 7/15/2025 14318MAD1 CARMX 2022-3 A3 3.97% 4/15/2027 844.647/15/2025 7/15/2025 14043QAC6 COPAR 2022-1 A3 3.17% 4/15/2027 328.627/15/2025 7/15/2025 14041NGE5 COMET 2024-A1 A 3.92% 9/15/2029 3,446.337/15/2025 7/15/2025 02008MAC3 ALLYA 2022-2 A3 4.76% 5/17/2027 1,429.787/15/2025 7/15/2025 437921AD1 HAROT 2025-2 A3 4.15% 10/15/2029 864.587/15/2025 7/15/2025 14318UAD3 CARMX 2022-4 A3 5.34% 8/16/2027 1,848.247/15/2025 7/15/2025 90327VAC2 USAOT 2024-A A3 5.03% 3/15/2029 1,341.337/15/2025 7/15/2025 58773DAD6 MBART 2025-1 A3 4.78% 12/17/2029 2,469.677/15/2025 7/15/2025 89240JAD3 TAOT 2025-A A3 4.64% 8/15/2029 2,648.677/15/2025 7/15/2025 50117DAC0 KCOT 2024-2A A3 5.26% 11/15/2028 2,235.507/15/2025 7/15/2025 50117EAC8 KCOT 2022-1A A3 2.67% 10/15/2026 383.937/15/2025 7/15/2025 02582JKP4 AMXCA 2025-2 A 4.28% 4/15/2030 3,727.177/15/2025 7/15/2025 34531QAD1 FORDO 2024-B A3 5.10% 4/15/2029 3,888.757/15/2025 7/15/2025 65481GAD7 NAROT 2025-A A3 4.49% 12/17/2029 3,704.257/15/2025 7/15/2025 500945AC4 KCOT 2023-2A A3 5.28% 1/18/2028 1,716.00 44 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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)
INTEREST7/15/2025 7/15/2025 02007NAC2 ALLYA 2024-2 A3 4.14% 7/16/2029 1,035.007/15/2025 7/15/2025 65480JAC4 NAROT 2022-B A3 4.46% 5/17/2027 795.387/15/2025 7/15/2025 89231HAD8 TAOT 2025-B A3 4.34% 11/15/2029 1,609.427/15/2025 7/15/2025 14044CAC6 COPAR 2021-1 A3 0.77% 9/15/2026 3.277/15/2025 7/15/2025 89239FAD4 TAOT 2023-D A3 5.54% 8/15/2028 923.337/16/2025 7/16/2025 362554AC1 GMCAR 2021-4 A3 0.68% 9/16/2026 0.517/16/2025 7/16/2025 379930AD2 GMCAR 2023-4 A3 5.78% 8/16/2028 1,637.677/16/2025 7/16/2025 38014AAD3 GMCAR 2024-4 A3 4.40% 8/16/2029 1,521.677/16/2025 7/16/2025 379931AD0 GMCAR 2024-2 A3 5.10% 3/16/2029 1,317.507/16/2025 7/16/2025 380146AC4 GMCAR 2022-1 A3 1.26% 11/16/2026 10.517/16/2025 7/16/2025 362585AC5 GMCAR 2022-2 A3 3.10% 2/16/2027 190.227/16/2025 7/16/2025 362583AD8 GMCAR 2023-2 A3 4.47% 2/16/2028 1,031.957/16/2025 7/16/2025 36265WAD5 GMCAR 2022-3 A3 3.64% 4/16/2027 385.957/16/2025 7/16/2025 38013KAD2 GMCAR 2024-3 A3 5.13% 4/16/2029 2,586.387/17/2025 7/17/2025 21684LGS5 COOPERAT RABOBANK UA/NY 5.08% 7/17/2026 27,940.007/17/2025 7/17/2025 00724PAH2 ADOBE INC (CALLABLE) 4.75% 1/17/2028 16,625.007/18/2025 7/18/2025 05253JAZ4 AUST & NZ BANKING GRP NY 4.75% 1/18/2027 23,750.00 45 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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)
INTEREST7/20/2025 7/20/2025 73329KAD8 PILOT 2025-1A A3 4.61% 10/20/2028 768.337/20/2025 7/20/2025 05594BAD8 BAAT 2025-1A A3 4.35% 11/20/2029 833.757/20/2025 7/20/2025 92868RAD0 VALET 2024-1 A3 4.63% 7/20/2029 983.877/20/2025 7/20/2025 92348KDY6 VZMT 2025-3 A1A 4.51% 3/20/2030 3,401.297/20/2025 7/20/2025 92868MAD1 VALET 2025-1 A3 4.50% 8/20/2029 3,768.757/21/2025 7/21/2025 21688ABK7 COOPERAT RABOBANK UA/NY 4.88% 1/21/2028 18,921.637/21/2025 7/21/2025 438123AC5 HAROT 2023-4 A3 5.67% 6/21/2028 1,181.257/22/2025 7/22/2025 46647PEL6 JPMORGAN CHASE & CO (CALLABLE) 4.97% 7/22/2028 10,829.337/24/2025 7/24/2025 06051GMK2 BANK OF AMERICA CORP (CALLABLE) 4.97% 1/24/2029 15,185.957/24/2025 7/24/2025 46647PEU6 JPMORGAN CHASE & CO (CALLABLE) 4.91% 1/24/2029 6,143.757/25/2025 7/25/2025 05602RAD3 BMWOT 2022-A A3 3.21% 8/25/2026 95.717/25/2025 7/25/2025 16144QAC9 CHAOT 2024-5A A3 4.18% 8/27/2029 1,027.587/25/2025 7/25/2025 096912AD2 BMWLT 2025-1 A3 4.43% 6/26/2028 1,744.317/25/2025 7/25/2025 096919AD7 BMWOT 2024-A A3 5.18% 2/26/2029 2,762.677/25/2025 7/25/2025 05592XAD2 BMWOT 2023-A A3 5.47% 2/25/2028 840.297/26/2025 7/26/2025 09290DAH4 BLACKROCK FUNDING INC (CALLABLE) 4.60% 7/26/2027 17,135.007/26/2025 7/26/2025 693475BL8 PNC FINANCIAL SERVICES (CALLABLE) 4.75% 1/26/2027 2,022.15 46 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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)
INTEREST7/26/2025 7/26/2025 025816DV8 AMERICAN EXPRESS CO (CALLABLE) 5.04% 7/26/2028 3,782.257/28/2025 7/28/2025 89788MAH5 TRUIST FINANCIAL CORP (CALLABLE) 4.26% 7/28/2026 9,904.507/30/2025 7/30/2025 438516CX2 HONEYWELL INTERNATIONAL (CALLABLE) 4.65% 7/30/2027 16,856.258/1/2025 8/1/2025 MONEY0002 MONEY MARKET FUND 0.00% 1,131.098/1/2025 8/25/2025 3137FG6X8 FHMS K077 A2 3.85% 5/1/2028 2,646.878/1/2025 8/25/2025 3137F4D41 FHMS K074 A2 3.60% 1/1/2028 2,400.008/1/2025 8/25/2025 3137F64P9 FHMS K739 A2 1.33% 9/1/2027 1,591.238/1/2025 8/25/2025 3137BSRE5 FHMS K059 A2 3.12% 9/1/2026 3,250.008/1/2025 8/25/2025 3137H14B9 FHMS K743 A2 1.77% 5/1/2028 1,290.638/1/2025 8/25/2025 3137FNWX4 FHMS K736 A2 2.28% 7/1/2026 1,355.508/1/2025 8/25/2025 3137F2LJ3 FHMS K066 A2 3.11% 6/1/2027 2,078.008/1/2025 8/25/2025 3137BN6G4 FHMS K053 A2 2.99% 12/1/2025 2,260.448/1/2025 8/25/2025 3137F1G44 FHMS K065 A2 3.24% 4/1/2027 1,756.638/1/2025 8/25/2025 3137FAWS3 FHMS K067 A2 3.19% 7/1/2027 2,262.428/1/2025 8/25/2025 3137BTUM1 FHMS K061 A2 3.34% 11/1/2026 1,393.498/1/2025 8/25/2025 3136BTGM9 FNA 2024-M6 A2 2.90% 7/1/2027 2,938.518/1/2025 8/25/2025 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 890.16 47 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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)
INTEREST8/1/2025 8/25/2025 3137FLN34 FHMS K734 A2 3.20% 2/1/2026 1,614.928/1/2025 8/25/2025 3137F4X72 FHMS K075 A2 3.65% 2/1/2028 3,041.678/1/2025 8/25/2025 3137BSP72 FHMS K058 A2 2.65% 8/1/2026 1,658.128/1/2025 8/25/2025 3137FEZU7 FHMS K076 A2 3.90% 4/1/2028 3,818.758/1/2025 8/25/2025 3137BRQJ7 FHMS K057 A2 2.57% 7/1/2026 2,520.388/1/2025 8/25/2025 3136ARTE8 FNA 2016-M3 A2 2.70% 2/1/2026 1,265.658/1/2025 8/25/2025 3137BNGT5 FHMS K054 A2 2.74% 1/1/2026 903.408/1/2025 8/25/2025 3137FBU79 FHMS K069 A2 3.18% 9/1/2027 2,081.378/1/2025 8/25/2025 3137BVZ82 FHMS K063 A2 3.43% 1/1/2027 1,715.008/1/2025 8/25/2025 3137FBBX3 FHMS K068 A2 3.24% 8/1/2027 2,162.678/1/2025 8/25/2025 3137BM7C4 FHMS K051 A2 3.30% 9/1/2025 917.468/1/2025 8/25/2025 3137FGZT5 FHMS K079 A2 3.92% 6/1/2028 3,189.878/1/2025 8/25/2025 3137FCJK1 FHMS K070 A2 3.30% 11/1/2027 1,857.948/3/2025 8/3/2025 857477CD3 STATE STREET CORP (CALLABLE) 5.27% 8/3/2026 10,939.408/7/2025 8/7/2025 63743HFW7 NATIONAL RURAL UTIL COOP (CALLABLE) 4.75% 2/7/2028 4,037.508/7/2025 8/7/2025 713448GA0 PEPSICO INC (CALLABLE) 4.45% 2/7/2028 26,143.758/7/2025 8/7/2025 94988J6D4 WELLS FARGO BANK NA (CALLABLE) 5.45% 8/7/2026 12,262.50 48 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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)
INTEREST8/7/2025 8/7/2025 89236TMJ1 TOYOTA MOTOR CREDIT CORP 4.55% 8/7/2026 2,502.508/8/2025 8/8/2025 882508CE2 TEXAS INSTRUMENTS INC (CALLABLE) 4.60% 2/8/2027 14,835.008/9/2025 8/9/2025 532457CJ5 ELI LILLY & CO (CALLABLE) 4.50% 2/9/2027 16,650.008/12/2025 8/12/2025 532457CU0 ELI LILLY & CO (CALLABLE) 4.55% 2/12/2028 6,028.758/12/2025 8/12/2025 904764BU0 UNILEVER CAPITAL CORP (CALLABLE) 4.25% 8/12/2027 6,481.258/13/2025 8/13/2025 05565ECQ6 BMW US CAPITAL LLC 4.60% 8/13/2027 17,250.008/15/2025 8/15/2025 891941AD8 TAOT 2023-B A3 4.71% 2/15/2028 1,829.568/15/2025 8/15/2025 89240JAD3 TAOT 2025-A A3 4.64% 8/15/2029 2,648.678/15/2025 8/15/2025 500945AC4 KCOT 2023-2A A3 5.28% 1/18/2028 1,716.008/15/2025 8/15/2025 05522RDH8 BACCT 2023-A2 A2 4.98% 11/15/2028 1,099.758/15/2025 8/15/2025 50117KAC4 KCOT 2023-1A A3 5.02% 6/15/2027 1,572.198/15/2025 8/15/2025 14043GAD6 COPAR 2022-2 A3 3.66% 5/17/2027 457.668/15/2025 8/15/2025 05522RDK1 BACCT 2025-A1 A 4.31% 5/15/2030 1,634.218/15/2025 8/15/2025 65479UAD0 NAROT 2024-A A3 5.28% 12/15/2028 5,192.008/15/2025 8/15/2025 34535KAD0 FORDO 2025-A A3 4.45% 10/15/2029 4,505.628/15/2025 8/15/2025 58768PAC8 MBART 2022-1 A3 5.21% 8/16/2027 1,867.588/15/2025 8/15/2025 362955AD8 GMCAR 2025-1 A3 4.62% 12/17/2029 1,867.25 49 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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)
INTEREST8/15/2025 8/15/2025 448976AD2 HART 2024-C A3 4.41% 5/15/2029 1,911.008/15/2025 8/15/2025 02007WAC2 ALLYA 2023-1 A3 5.46% 5/15/2028 1,873.108/15/2025 8/15/2025 44918CAD4 HART 2023-C A3 5.54% 10/16/2028 1,108.008/15/2025 8/15/2025 344930AD4 FORDO 2023-B A3 5.23% 5/15/2028 1,544.688/15/2025 8/15/2025 09709AAC6 BAAT 2024-1A A3 5.35% 11/15/2028 757.928/15/2025 8/15/2025 65481GAD7 NAROT 2025-A A3 4.49% 12/17/2029 3,704.258/15/2025 8/15/2025 41284YAD8 HDMOT 2022-A A3 3.06% 2/15/2027 73.118/15/2025 8/15/2025 50117EAC8 KCOT 2022-1A A3 2.67% 10/15/2026 305.378/15/2025 8/15/2025 50117BAC4 KCOT 2024-1A A3 5.19% 7/17/2028 1,751.638/15/2025 8/15/2025 161571HV9 CHAIT 2024-A1 A 4.60% 1/15/2029 4,159.178/15/2025 8/15/2025 89238FAD5 TAOT 2022-B A3 2.93% 9/15/2026 112.538/15/2025 8/15/2025 02582JJZ4 AMXCA 2023-1 A 4.87% 5/15/2028 1,542.178/15/2025 8/15/2025 06428AAC2 BAAT 2023-1A A3 5.53% 2/15/2028 1,299.708/15/2025 8/15/2025 89239FAD4 TAOT 2023-D A3 5.54% 8/15/2028 923.338/15/2025 8/15/2025 02589BAE0 AMXCA 2024-3 A 4.65% 7/15/2029 2,189.388/15/2025 8/15/2025 02007NAC2 ALLYA 2024-2 A3 4.14% 7/16/2029 1,035.008/15/2025 8/15/2025 14041NGE5 COMET 2024-A1 A 3.92% 9/15/2029 3,446.33 50 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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)
INTEREST8/15/2025 8/15/2025 44935CAD3 HART 2025-A A3 4.32% 10/15/2029 3,546.008/15/2025 8/15/2025 44918MAD2 HART 2022-B A3 3.72% 11/16/2026 192.958/15/2025 8/15/2025 02582JKP4 AMXCA 2025-2 A 4.28% 4/15/2030 3,727.178/15/2025 8/15/2025 31680EAD3 FITAT 2023-1 A3 5.53% 8/15/2028 3,140.738/15/2025 8/15/2025 14317HAC5 CARMX 2022-2 A3 3.49% 2/16/2027 240.038/15/2025 8/15/2025 50117LAC2 KCOT 2025-2A A3 4.42% 9/17/2029 1,031.338/15/2025 8/15/2025 344928AD8 FORDO 2023-A A3 4.65% 2/15/2028 926.068/15/2025 8/15/2025 58770AAC7 MBART 2023-1 A3 4.51% 11/15/2027 456.328/15/2025 8/15/2025 02582JKV1 AMXCA 2025-4 A 4.30% 7/15/2030 1,016.478/15/2025 8/15/2025 91282CLG4 US TREASURY N/B 3.75% 8/15/2027 46,875.008/15/2025 8/15/2025 437921AD1 HAROT 2025-2 A3 4.15% 10/15/2029 864.588/15/2025 8/15/2025 14043QAC6 COPAR 2022-1 A3 3.17% 4/15/2027 282.788/15/2025 8/15/2025 14318UAD3 CARMX 2022-4 A3 5.34% 8/16/2027 1,670.838/15/2025 8/15/2025 90327VAC2 USAOT 2024-A A3 5.03% 3/15/2029 1,341.338/15/2025 8/15/2025 89231HAD8 TAOT 2025-B A3 4.34% 11/15/2029 1,609.428/15/2025 8/15/2025 437927AC0 HAROT 2023-2 A3 4.93% 11/15/2027 1,227.518/15/2025 8/15/2025 91282CKA8 US TREASURY N/B 4.12% 2/15/2027 75,281.25 51 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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)
INTEREST8/15/2025 8/15/2025 02008MAC3 ALLYA 2022-2 A3 4.76% 5/17/2027 1,242.488/15/2025 8/15/2025 65480JAC4 NAROT 2022-B A3 4.46% 5/17/2027 725.108/15/2025 8/15/2025 50117JAC7 KCOT 2022-2A A3 4.09% 12/15/2026 712.258/15/2025 8/15/2025 34531QAD1 FORDO 2024-B A3 5.10% 4/15/2029 3,888.758/15/2025 8/15/2025 58773DAD6 MBART 2025-1 A3 4.78% 12/17/2029 2,469.678/15/2025 8/15/2025 891940AC2 TAOT 2023-A A3 4.63% 9/15/2027 556.498/15/2025 8/15/2025 89231CAD9 TAOT 2022-C A3 3.76% 4/15/2027 291.918/15/2025 8/15/2025 14318MAD1 CARMX 2022-3 A3 3.97% 4/15/2027 735.838/15/2025 8/15/2025 50117FAB7 KCOT 2025-1A A2 4.61% 12/15/2027 1,440.638/15/2025 8/15/2025 92970QAJ4 WFCIT 2025-A1 A 4.34% 5/15/2030 2,640.178/15/2025 8/15/2025 92970QAE5 WFCIT 2024-A2 A 4.29% 10/15/2029 1,841.138/15/2025 8/15/2025 43815BAC4 HAROT 2022-1 A3 1.88% 5/15/2026 14.198/15/2025 8/15/2025 50117DAC0 KCOT 2024-2A A3 5.26% 11/15/2028 2,235.508/15/2025 8/15/2025 41285JAD0 HDMOT 2023-A A3 5.05% 12/15/2027 1,120.038/16/2025 8/16/2025 36265WAD5 GMCAR 2022-3 A3 3.64% 4/16/2027 316.818/16/2025 8/16/2025 362583AD8 GMCAR 2023-2 A3 4.47% 2/16/2028 950.418/16/2025 8/16/2025 38013KAD2 GMCAR 2024-3 A3 5.13% 4/16/2029 2,586.38 52 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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)
INTEREST8/16/2025 8/16/2025 379930AD2 GMCAR 2023-4 A3 5.78% 8/16/2028 1,624.638/16/2025 8/16/2025 38014AAD3 GMCAR 2024-4 A3 4.40% 8/16/2029 1,521.678/16/2025 8/16/2025 362585AC5 GMCAR 2022-2 A3 3.10% 2/16/2027 153.018/16/2025 8/16/2025 379931AD0 GMCAR 2024-2 A3 5.10% 3/16/2029 1,317.508/18/2025 8/18/2025 06428CAA2 BANK OF AMERICA NA (CALLABLE) 5.52% 8/18/2026 20,031.758/20/2025 8/20/2025 05594BAD8 BAAT 2025-1A A3 4.35% 11/20/2029 833.758/20/2025 8/20/2025 73329KAD8 PILOT 2025-1A A3 4.61% 10/20/2028 768.338/20/2025 8/20/2025 92868MAD1 VALET 2025-1 A3 4.50% 8/20/2029 3,768.758/20/2025 8/20/2025 92348KDY6 VZMT 2025-3 A1A 4.51% 3/20/2030 3,401.298/20/2025 8/20/2025 92868RAD0 VALET 2024-1 A3 4.63% 7/20/2029 983.878/21/2025 8/21/2025 438123AC5 HAROT 2023-4 A3 5.67% 6/21/2028 1,181.258/22/2025 8/22/2025 110122EE4 BRISTOL-MYERS SQUIBB CO (CALLABLE) 4.90% 2/22/2027 5,635.008/24/2025 8/24/2025 427866BK3 HERSHEY COMPANY (CALLABLE) 4.55% 2/24/2028 7,280.008/25/2025 8/25/2025 096912AD2 BMWLT 2025-1 A3 4.43% 6/26/2028 1,162.888/25/2025 8/25/2025 16145NAC5 CHAOT 2025-1A A3 4.29% 6/25/2030 1,236.358/25/2025 8/25/2025 096919AD7 BMWOT 2024-A A3 5.18% 2/26/2029 2,762.678/25/2025 8/25/2025 16144QAC9 CHAOT 2024-5A A3 4.18% 8/27/2029 1,027.58 53 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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)
INTEREST8/25/2025 8/25/2025 05602RAD3 BMWOT 2022-A A3 3.21% 8/25/2026 59.558/25/2025 8/25/2025 05592XAD2 BMWOT 2023-A A3 5.47% 2/25/2028 775.028/26/2025 8/26/2025 04636NAK9 ASTRAZENECA FINANCE LLC (CALLABLE) 4.80% 2/26/2027 13,080.008/26/2025 8/26/2025 166756BB1 CHEVRON USA INC (CALLABLE) 4.47% 2/26/2028 21,032.508/26/2025 8/26/2025 17275RBQ4 CISCO SYSTEMS INC (CALLABLE) 4.80% 2/26/2027 22,680.009/1/2025 9/1/2025 571676AX3 MARS INC (CALLABLE) 4.60% 3/1/2028 6,262.399/1/2025 9/1/2025 478160DH4 JOHNSON & JOHNSON (CALLABLE) 4.55% 3/1/2028 26,554.319/1/2025 9/25/2025 3137BNGT5 FHMS K054 A2 2.74% 1/1/2026 901.629/1/2025 9/25/2025 3137FAWS3 FHMS K067 A2 3.19% 7/1/2027 2,262.429/1/2025 9/25/2025 3137BM7C4 FHMS K051 A2 3.30% 9/1/2025 458.919/1/2025 9/25/2025 3137BSP72 FHMS K058 A2 2.65% 8/1/2026 1,658.129/1/2025 9/25/2025 3136ARTE8 FNA 2016-M3 A2 2.70% 2/1/2026 1,224.749/1/2025 9/25/2025 3136BTGM9 FNA 2024-M6 A2 2.90% 7/1/2027 2,938.459/1/2025 9/25/2025 3137BSRE5 FHMS K059 A2 3.12% 9/1/2026 3,250.009/1/2025 9/25/2025 3137BTUM1 FHMS K061 A2 3.34% 11/1/2026 1,390.629/1/2025 9/25/2025 3137F64P9 FHMS K739 A2 1.33% 9/1/2027 1,589.579/1/2025 9/25/2025 3137F4D41 FHMS K074 A2 3.60% 1/1/2028 2,400.00 54 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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)
INTEREST9/1/2025 9/25/2025 3137F4X72 FHMS K075 A2 3.65% 2/1/2028 3,041.679/1/2025 9/25/2025 3137FGZT5 FHMS K079 A2 3.92% 6/1/2028 3,189.879/1/2025 9/25/2025 3137FNWX4 FHMS K736 A2 2.28% 7/1/2026 1,353.389/1/2025 9/25/2025 3137FG6X8 FHMS K077 A2 3.85% 5/1/2028 2,646.879/1/2025 9/25/2025 3137FLN34 FHMS K734 A2 3.20% 2/1/2026 1,507.429/1/2025 9/25/2025 3137FEZU7 FHMS K076 A2 3.90% 4/1/2028 3,818.759/1/2025 9/25/2025 3137FBBX3 FHMS K068 A2 3.24% 8/1/2027 2,162.679/1/2025 9/25/2025 3137F2LJ3 FHMS K066 A2 3.11% 6/1/2027 2,078.009/1/2025 9/25/2025 3137FBU79 FHMS K069 A2 3.18% 9/1/2027 2,077.889/1/2025 9/25/2025 3137BVZ82 FHMS K063 A2 3.43% 1/1/2027 1,715.009/1/2025 9/25/2025 3137FCJK1 FHMS K070 A2 3.30% 11/1/2027 1,857.949/1/2025 9/25/2025 3137H14B9 FHMS K743 A2 1.77% 5/1/2028 1,290.639/1/2025 9/25/2025 3137BN6G4 FHMS K053 A2 2.99% 12/1/2025 2,007.379/1/2025 9/25/2025 3137F1G44 FHMS K065 A2 3.24% 4/1/2027 1,756.639/1/2025 9/25/2025 3137BRQJ7 FHMS K057 A2 2.57% 7/1/2026 2,513.969/2/2025 9/2/2025 MONEY0002 MONEY MARKET FUND 0.00% 1,153.409/3/2025 9/3/2025 69371RT63 PACCAR FINANCIAL CORP 4.55% 3/3/2028 26,731.25 55 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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)
INTEREST9/5/2025 9/5/2025 24422EXM6 JOHN DEERE CAPITAL CORP 4.85% 3/5/2027 12,125.009/12/2025 9/12/2025 02665WFD8 AMERICAN HONDA FINANCE 4.90% 3/12/2027 12,005.009/13/2025 9/13/2025 63743HFH0 NATIONAL RURAL UTIL COOP (CALLABLE) 4.45% 3/13/2026 2,781.259/14/2025 9/14/2025 20271RAV2 COMMONWEALTH BK AUSTR NY 4.42% 3/14/2028 9,951.759/15/2025 9/15/2025 02589BAE0 AMXCA 2024-3 A 4.65% 7/15/2029 2,189.389/15/2025 9/15/2025 91282CLL3 US TREASURY N/B 3.37% 9/15/2027 129,093.759/15/2025 9/15/2025 89231CAD9 TAOT 2022-C A3 3.76% 4/15/2027 254.169/15/2025 9/15/2025 14043GAD6 COPAR 2022-2 A3 3.66% 5/17/2027 397.369/15/2025 9/15/2025 50117FAB7 KCOT 2025-1A A2 4.61% 12/15/2027 1,440.639/15/2025 9/15/2025 14317HAC5 CARMX 2022-2 A3 3.49% 2/16/2027 174.269/15/2025 9/15/2025 05522RDH8 BACCT 2023-A2 A2 4.98% 11/15/2028 1,099.759/15/2025 9/15/2025 44918CAD4 HART 2023-C A3 5.54% 10/16/2028 1,108.009/15/2025 9/15/2025 02582JKP4 AMXCA 2025-2 A 4.28% 4/15/2030 3,727.179/15/2025 9/15/2025 41284YAD8 HDMOT 2022-A A3 3.06% 2/15/2027 5.119/15/2025 9/15/2025 58768PAC8 MBART 2022-1 A3 5.21% 8/16/2027 1,653.519/15/2025 9/15/2025 89239FAD4 TAOT 2023-D A3 5.54% 8/15/2028 923.339/15/2025 9/15/2025 90327VAC2 USAOT 2024-A A3 5.03% 3/15/2029 1,341.33 56 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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)
INTEREST9/15/2025 9/15/2025 89238FAD5 TAOT 2022-B A3 2.93% 9/15/2026 73.019/15/2025 9/15/2025 14318UAD3 CARMX 2022-4 A3 5.34% 8/16/2027 1,475.869/15/2025 9/15/2025 65479UAD0 NAROT 2024-A A3 5.28% 12/15/2028 5,192.009/15/2025 9/15/2025 50117BAC4 KCOT 2024-1A A3 5.19% 7/17/2028 1,751.639/15/2025 9/15/2025 50117JAC7 KCOT 2022-2A A3 4.09% 12/15/2026 582.269/15/2025 9/15/2025 06428AAC2 BAAT 2023-1A A3 5.53% 2/15/2028 1,199.169/15/2025 9/15/2025 14043QAC6 COPAR 2022-1 A3 3.17% 4/15/2027 237.469/15/2025 9/15/2025 02008MAC3 ALLYA 2022-2 A3 4.76% 5/17/2027 1,046.369/15/2025 9/15/2025 437921AD1 HAROT 2025-2 A3 4.15% 10/15/2029 864.589/15/2025 9/15/2025 362955AD8 GMCAR 2025-1 A3 4.62% 12/17/2029 1,867.259/15/2025 9/15/2025 89231HAD8 TAOT 2025-B A3 4.34% 11/15/2029 1,609.429/15/2025 9/15/2025 92970QAJ4 WFCIT 2025-A1 A 4.34% 5/15/2030 2,640.179/15/2025 9/15/2025 09709AAC6 BAAT 2024-1A A3 5.35% 11/15/2028 757.929/15/2025 9/15/2025 891941AD8 TAOT 2023-B A3 4.71% 2/15/2028 1,700.279/15/2025 9/15/2025 448976AD2 HART 2024-C A3 4.41% 5/15/2029 1,911.009/15/2025 9/15/2025 50117DAC0 KCOT 2024-2A A3 5.26% 11/15/2028 2,235.509/15/2025 9/15/2025 14318MAD1 CARMX 2022-3 A3 3.97% 4/15/2027 622.77 57 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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)
INTEREST9/15/2025 9/15/2025 14041NGE5 COMET 2024-A1 A 3.92% 9/15/2029 3,446.339/15/2025 9/15/2025 31680EAD3 FITAT 2023-1 A3 5.53% 8/15/2028 2,928.039/15/2025 9/15/2025 50117LAC2 KCOT 2025-2A A3 4.42% 9/17/2029 1,031.339/15/2025 9/15/2025 58770AAC7 MBART 2023-1 A3 4.51% 11/15/2027 411.149/15/2025 9/15/2025 44918MAD2 HART 2022-B A3 3.72% 11/16/2026 125.879/15/2025 9/15/2025 65481GAD7 NAROT 2025-A A3 4.49% 12/17/2029 3,704.259/15/2025 9/15/2025 05522RDK1 BACCT 2025-A1 A 4.31% 5/15/2030 1,634.219/15/2025 9/15/2025 41285JAD0 HDMOT 2023-A A3 5.05% 12/15/2027 1,009.349/15/2025 9/15/2025 65480JAC4 NAROT 2022-B A3 4.46% 5/17/2027 642.069/15/2025 9/15/2025 57636QBF0 MASTERCARD INC (CALLABLE) 4.55% 3/15/2028 9,384.389/15/2025 9/15/2025 34531QAD1 FORDO 2024-B A3 5.10% 4/15/2029 3,888.759/15/2025 9/15/2025 891940AC2 TAOT 2023-A A3 4.63% 9/15/2027 507.409/15/2025 9/15/2025 344930AD4 FORDO 2023-B A3 5.23% 5/15/2028 1,431.689/15/2025 9/15/2025 89240JAD3 TAOT 2025-A A3 4.64% 8/15/2029 2,648.679/15/2025 9/15/2025 344928AD8 FORDO 2023-A A3 4.65% 2/15/2028 844.689/15/2025 9/15/2025 161571HV9 CHAIT 2024-A1 A 4.60% 1/15/2029 4,159.179/15/2025 9/15/2025 44935CAD3 HART 2025-A A3 4.32% 10/15/2029 3,546.00 58 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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)
INTEREST9/15/2025 9/15/2025 02582JKV1 AMXCA 2025-4 A 4.30% 7/15/2030 1,325.839/15/2025 9/15/2025 50117EAC8 KCOT 2022-1A A3 2.67% 10/15/2026 225.099/15/2025 9/15/2025 02007WAC2 ALLYA 2023-1 A3 5.46% 5/15/2028 1,744.129/15/2025 9/15/2025 91282CMS7 US TREASURY N/B 3.87% 3/15/2028 31,000.009/15/2025 9/15/2025 34535KAD0 FORDO 2025-A A3 4.45% 10/15/2029 4,505.629/15/2025 9/15/2025 02007NAC2 ALLYA 2024-2 A3 4.14% 7/16/2029 1,035.009/15/2025 9/15/2025 500945AC4 KCOT 2023-2A A3 5.28% 1/18/2028 1,716.009/15/2025 9/15/2025 437927AC0 HAROT 2023-2 A3 4.93% 11/15/2027 1,132.889/15/2025 9/15/2025 58773DAD6 MBART 2025-1 A3 4.78% 12/17/2029 2,469.679/15/2025 9/15/2025 02582JJZ4 AMXCA 2023-1 A 4.87% 5/15/2028 1,542.179/15/2025 9/15/2025 91282CKE0 US TREASURY N/B 4.25% 3/15/2027 63,750.009/15/2025 9/15/2025 50117KAC4 KCOT 2023-1A A3 5.02% 6/15/2027 1,442.399/15/2025 9/15/2025 92970QAE5 WFCIT 2024-A2 A 4.29% 10/15/2029 1,841.139/16/2025 9/16/2025 362583AD8 GMCAR 2023-2 A3 4.47% 2/16/2028 863.889/16/2025 9/16/2025 38013KAD2 GMCAR 2024-3 A3 5.13% 4/16/2029 2,586.389/16/2025 9/16/2025 362585AC5 GMCAR 2022-2 A3 3.10% 2/16/2027 116.929/16/2025 9/16/2025 379930AD2 GMCAR 2023-4 A3 5.78% 8/16/2028 1,531.02 59 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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)
INTEREST9/16/2025 9/16/2025 36265WAD5 GMCAR 2022-3 A3 3.64% 4/16/2027 250.469/16/2025 9/16/2025 38014AAD3 GMCAR 2024-4 A3 4.40% 8/16/2029 1,521.679/16/2025 9/16/2025 63743HFT4 NATIONAL RURAL UTIL COOP (CALLABLE) 4.12% 9/16/2027 6,077.009/16/2025 9/16/2025 379931AD0 GMCAR 2024-2 A3 5.10% 3/16/2029 1,317.509/18/2025 9/18/2025 63873QP65 NATIXIS NY BRANCH 5.61% 9/18/2026 62,567.089/19/2025 9/19/2025 89236TLY9 TOYOTA MOTOR CREDIT CORP 5.00% 3/19/2027 7,000.009/20/2025 9/20/2025 05594BAD8 BAAT 2025-1A A3 4.35% 11/20/2029 833.759/20/2025 9/20/2025 92348KDY6 VZMT 2025-3 A1A 4.51% 3/20/2030 3,401.299/20/2025 9/20/2025 73329KAD8 PILOT 2025-1A A3 4.61% 10/20/2028 768.339/20/2025 9/20/2025 92868MAD1 VALET 2025-1 A3 4.50% 8/20/2029 3,768.759/20/2025 9/20/2025 92868RAD0 VALET 2024-1 A3 4.63% 7/20/2029 983.879/20/2025 9/20/2025 87268MAA3 TMUST 2025-2A A 4.34% 4/22/2030 1,617.869/21/2025 9/21/2025 05565ECW3 BMW US CAPITAL LLC 4.75% 3/21/2028 7,956.259/21/2025 9/21/2025 438123AC5 HAROT 2023-4 A3 5.67% 6/21/2028 1,107.039/24/2025 9/24/2025 007903BJ5 ADVANCED MICRO DEVICES (CALLABLE) 4.31% 3/24/2028 12,957.009/25/2025 9/25/2025 096919AD7 BMWOT 2024-A A3 5.18% 2/26/2029 2,762.679/25/2025 9/25/2025 16145NAC5 CHAOT 2025-1A A3 4.29% 6/25/2030 1,483.63 60 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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)
INTEREST9/25/2025 9/25/2025 16144QAC9 CHAOT 2024-5A A3 4.18% 8/27/2029 1,027.589/25/2025 9/25/2025 05592XAD2 BMWOT 2023-A A3 5.47% 2/25/2028 709.189/25/2025 9/25/2025 096912AD2 BMWLT 2025-1 A3 4.43% 6/26/2028 1,162.889/25/2025 9/25/2025 05602RAD3 BMWOT 2022-A A3 3.21% 8/25/2026 23.569/30/2025 9/30/2025 440452AK6 HORMEL FOODS CORP (CALLABLE) 4.80% 3/30/2027 7,680.00 Total INTEREST 0.00 1,675,698.44 0.00
MATURITY7/1/2025 7/1/2025 395,000.00 341271AD6 FLORIDA ST BRD OF ADM 1.25% 7/1/2025 395,000.00 Total MATURITY 395,000.00 395,000.00 0.00
PAYDOWNS7/1/2025 7/25/2025 1,185.25 3137FNWX4 FHMS K736 A2 2.28% 7/1/2026 1,185.25 32.717/1/2025 7/25/2025 128,461.96 3137BM7C4 FHMS K051 A2 3.30% 9/1/2025 128,461.96 69.697/1/2025 7/25/2025 1,422.05 3137BN6G4 FHMS K053 A2 2.99% 12/1/2025 1,422.05 2.347/1/2025 7/25/2025 1,395.57 3137FBU79 FHMS K069 A2 3.18% 9/1/2027 1,395.57 47.457/1/2025 7/25/2025 4,684.83 3137F64P9 FHMS K739 A2 1.33% 9/1/2027 4,684.83 281.947/1/2025 7/25/2025 18,486.98 3137BRQJ7 FHMS K057 A2 2.57% 7/1/2026 18,486.98 305.477/1/2025 7/25/2025 1,085.74 3137BTUM1 FHMS K061 A2 3.34% 11/1/2026 1,085.74 13.36 61 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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)
PAYDOWNS7/1/2025 7/25/2025 56,241.02 3136ARTE8 FNA 2016-M3 A2 2.70% 2/1/2026 56,241.02 613.677/1/2025 7/25/2025 205,348.77 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 205,348.77 420.927/1/2025 7/25/2025 644.55 3137FLN34 FHMS K734 A2 3.20% 2/1/2026 644.55 8.477/1/2025 7/25/2025 205,348.77 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 205,348.77 393.077/1/2025 7/25/2025 9,071.95 3137BNGT5 FHMS K054 A2 2.74% 1/1/2026 9,071.95 103.817/1/2025 7/25/2025 16,432.87 3137BRQJ7 FHMS K057 A2 2.57% 7/1/2026 16,432.87 363.067/15/2025 7/15/2025 16,282.58 89238FAD5 TAOT 2022-B A3 2.93% 9/15/2026 16,282.58 0.107/15/2025 7/15/2025 21,697.82 14317HAC5 CARMX 2022-2 A3 3.49% 2/16/2027 21,697.82 1.097/15/2025 7/15/2025 25,818.63 41285JAD0 HDMOT 2023-A A3 5.05% 12/15/2027 25,818.63 1.317/15/2025 7/15/2025 27,658.58 02007WAC2 ALLYA 2023-1 A3 5.46% 5/15/2028 27,658.58 2.777/15/2025 7/15/2025 21,540.54 06428AAC2 BAAT 2023-1A A3 5.53% 2/15/2028 21,540.54 0.467/15/2025 7/15/2025 21,879.41 44918MAD2 HART 2022-B A3 3.72% 11/16/2026 21,879.41 0.017/15/2025 7/15/2025 12,615.44 891940AC2 TAOT 2023-A A3 4.63% 9/15/2027 12,615.44 0.017/15/2025 7/15/2025 19,723.48 14043GAD6 COPAR 2022-2 A3 3.66% 5/17/2027 19,723.48 0.557/15/2025 7/15/2025 26,313.49 41284YAD8 HDMOT 2022-A A3 3.06% 2/15/2027 26,313.49 1.447/15/2025 7/15/2025 50,773.83 58768PAC8 MBART 2022-1 A3 5.21% 8/16/2027 50,773.83 4.437/15/2025 7/15/2025 47,218.32 02008MAC3 ALLYA 2022-2 A3 4.76% 5/17/2027 47,218.32 0.24 62 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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)
PAYDOWNS7/15/2025 7/15/2025 17,352.60 14043QAC6 COPAR 2022-1 A3 3.17% 4/15/2027 17,352.60 1.347/15/2025 7/15/2025 46,281.33 31680EAD3 FITAT 2023-1 A3 5.53% 8/15/2028 46,281.33 1.787/15/2025 7/15/2025 32,890.06 14318MAD1 CARMX 2022-3 A3 3.97% 4/15/2027 32,890.06 0.287/15/2025 7/15/2025 35,311.64 50117EAC8 KCOT 2022-1A A3 2.67% 10/15/2026 35,311.64 1.387/15/2025 7/15/2025 18,909.50 65480JAC4 NAROT 2022-B A3 4.46% 5/17/2027 18,909.50 1.557/15/2025 7/15/2025 30,584.85 50117KAC4 KCOT 2023-1A A3 5.02% 6/15/2027 30,584.85 2.187/15/2025 7/15/2025 12,966.66 43815BAC4 HAROT 2022-1 A3 1.88% 5/15/2026 12,966.66 0.387/15/2025 7/15/2025 39,867.13 14318UAD3 CARMX 2022-4 A3 5.34% 8/16/2027 39,867.13 4.077/15/2025 7/15/2025 38,233.93 50117JAC7 KCOT 2022-2A A3 4.09% 12/15/2026 38,233.93 2.267/15/2025 7/15/2025 11,926.05 89231CAD9 TAOT 2022-C A3 3.76% 4/15/2027 11,926.05 0.757/15/2025 7/15/2025 5,090.33 14044CAC6 COPAR 2021-1 A3 0.77% 9/15/2026 5,090.33 0.027/15/2025 7/15/2025 23,430.91 437927AC0 HAROT 2023-2 A3 4.93% 11/15/2027 23,430.91 1.987/15/2025 7/15/2025 20,495.02 344928AD8 FORDO 2023-A A3 4.65% 2/15/2028 20,495.02 1.137/15/2025 7/15/2025 32,224.56 891941AD8 TAOT 2023-B A3 4.71% 2/15/2028 32,224.56 0.987/15/2025 7/15/2025 11,788.68 58770AAC7 MBART 2023-1 A3 4.51% 11/15/2027 11,788.68 0.687/15/2025 7/15/2025 26,679.16 344930AD4 FORDO 2023-B A3 5.23% 5/15/2028 26,679.16 0.217/16/2025 7/16/2025 2,705.77 379930AD2 GMCAR 2023-4 A3 5.78% 8/16/2028 2,705.77 0.36 63 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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)
PAYDOWNS7/16/2025 7/16/2025 907.35 362554AC1 GMCAR 2021-4 A3 0.68% 9/16/2026 907.35 0.017/16/2025 7/16/2025 21,890.85 362583AD8 GMCAR 2023-2 A3 4.47% 2/16/2028 21,890.85 0.327/16/2025 7/16/2025 14,404.68 362585AC5 GMCAR 2022-2 A3 3.10% 2/16/2027 14,404.68 0.997/16/2025 7/16/2025 10,006.62 380146AC4 GMCAR 2022-1 A3 1.26% 11/16/2026 10,006.62 0.247/16/2025 7/16/2025 22,793.86 36265WAD5 GMCAR 2022-3 A3 3.64% 4/16/2027 22,793.86 0.057/25/2025 7/25/2025 14,320.50 05592XAD2 BMWOT 2023-A A3 5.47% 2/25/2028 14,320.50 1.427/25/2025 7/25/2025 13,520.74 05602RAD3 BMWOT 2022-A A3 3.21% 8/25/2026 13,520.74 0.188/1/2025 8/25/2025 101,399.87 3137BN6G4 FHMS K053 A2 2.99% 12/1/2025 101,399.87 138.378/1/2025 8/25/2025 1,490.89 3137F64P9 FHMS K739 A2 1.33% 9/1/2027 1,490.89 86.558/1/2025 8/25/2025 1,314.19 3137FBU79 FHMS K069 A2 3.18% 9/1/2027 1,314.19 43.118/1/2025 8/25/2025 18,170.00 3136ARTE8 FNA 2016-M3 A2 2.70% 2/1/2026 18,170.00 172.848/1/2025 8/25/2025 1,029.35 3137BTUM1 FHMS K061 A2 3.34% 11/1/2026 1,029.35 11.918/1/2025 8/25/2025 166,343.80 3137BM7C4 FHMS K051 A2 3.30% 9/1/2025 166,343.80 58.018/1/2025 8/25/2025 780.21 3137BNGT5 FHMS K054 A2 2.74% 1/1/2026 780.21 7.628/1/2025 8/25/2025 142,424.13 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 142,424.10 129.728/1/2025 8/25/2025 1,115.90 3137FNWX4 FHMS K736 A2 2.28% 7/1/2026 1,115.90 28.398/1/2025 8/25/2025 1,407.48 3137BRQJ7 FHMS K057 A2 2.57% 7/1/2026 1,407.48 28.66 64 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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)
PAYDOWNS8/1/2025 8/25/2025 40,212.14 3137FLN34 FHMS K734 A2 3.20% 2/1/2026 40,212.14 460.498/1/2025 8/25/2025 1,583.42 3137BRQJ7 FHMS K057 A2 2.57% 7/1/2026 1,583.42 24.128/1/2025 8/25/2025 142,424.13 3137FJXQ7 FHMS K733 A2 3.75% 8/1/2025 142,424.13 121.178/15/2025 8/15/2025 16,184.94 89238FAD5 TAOT 2022-B A3 2.93% 9/15/2026 16,184.94 0.098/15/2025 8/15/2025 32,938.85 891941AD8 TAOT 2023-B A3 4.71% 2/15/2028 32,938.85 0.978/15/2025 8/15/2025 38,139.43 50117JAC7 KCOT 2022-2A A3 4.09% 12/15/2026 38,139.43 2.128/15/2025 8/15/2025 49,441.16 02008MAC3 ALLYA 2022-2 A3 4.76% 5/17/2027 49,441.16 0.238/15/2025 8/15/2025 26,300.36 41285JAD0 HDMOT 2023-A A3 5.05% 12/15/2027 26,300.36 1.288/15/2025 8/15/2025 22,613.01 14317HAC5 CARMX 2022-2 A3 3.49% 2/16/2027 22,613.01 1.088/15/2025 8/15/2025 21,817.35 06428AAC2 BAAT 2023-1A A3 5.53% 2/15/2028 21,817.35 0.468/15/2025 8/15/2025 43,814.82 14318UAD3 CARMX 2022-4 A3 5.34% 8/16/2027 43,814.82 4.298/15/2025 8/15/2025 19,771.45 14043GAD6 COPAR 2022-2 A3 3.66% 5/17/2027 19,771.45 0.528/15/2025 8/15/2025 25,925.54 344930AD4 FORDO 2023-B A3 5.23% 5/15/2028 25,925.54 0.208/15/2025 8/15/2025 12,023.06 58770AAC7 MBART 2023-1 A3 4.51% 11/15/2027 12,023.06 0.688/15/2025 8/15/2025 46,156.97 31680EAD3 FITAT 2023-1 A3 5.53% 8/15/2028 46,156.97 1.728/15/2025 8/15/2025 22,342.92 65480JAC4 NAROT 2022-B A3 4.46% 5/17/2027 22,342.92 1.758/15/2025 8/15/2025 21,000.47 344928AD8 FORDO 2023-A A3 4.65% 2/15/2028 21,000.47 1.12 65 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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)
PAYDOWNS8/15/2025 8/15/2025 23,034.55 437927AC0 HAROT 2023-2 A3 4.93% 11/15/2027 23,034.55 1.888/15/2025 8/15/2025 28,347.52 02007WAC2 ALLYA 2023-1 A3 5.46% 5/15/2028 28,347.52 2.768/15/2025 8/15/2025 9,055.33 43815BAC4 HAROT 2022-1 A3 1.88% 5/15/2026 9,055.34 0.268/15/2025 8/15/2025 12,046.38 89231CAD9 TAOT 2022-C A3 3.76% 4/15/2027 12,046.38 0.728/15/2025 8/15/2025 12,722.77 891940AC2 TAOT 2023-A A3 4.63% 9/15/2027 12,722.778/15/2025 8/15/2025 26,667.94 41284YAD8 HDMOT 2022-A A3 3.06% 2/15/2027 26,667.94 1.388/15/2025 8/15/2025 49,306.42 58768PAC8 MBART 2022-1 A3 5.21% 8/16/2027 49,306.42 4.138/15/2025 8/15/2025 34,176.09 14318MAD1 CARMX 2022-3 A3 3.97% 4/15/2027 34,176.09 0.288/15/2025 8/15/2025 36,078.56 50117EAC8 KCOT 2022-1A A3 2.67% 10/15/2026 36,078.56 1.328/15/2025 8/15/2025 31,027.87 50117KAC4 KCOT 2023-1A A3 5.02% 6/15/2027 31,027.87 2.128/15/2025 8/15/2025 17,156.50 14043QAC6 COPAR 2022-1 A3 3.17% 4/15/2027 17,156.50 1.268/15/2025 8/15/2025 21,636.92 44918MAD2 HART 2022-B A3 3.72% 11/16/2026 21,636.928/16/2025 8/16/2025 13,972.56 362585AC5 GMCAR 2022-2 A3 3.10% 2/16/2027 13,972.56 0.918/16/2025 8/16/2025 19,436.40 379930AD2 GMCAR 2023-4 A3 5.78% 8/16/2028 19,436.40 2.578/16/2025 8/16/2025 23,230.10 362583AD8 GMCAR 2023-2 A3 4.47% 2/16/2028 23,230.10 0.338/16/2025 8/16/2025 21,872.80 36265WAD5 GMCAR 2022-3 A3 3.64% 4/16/2027 21,872.80 0.058/21/2025 8/21/2025 15,707.65 438123AC5 HAROT 2023-4 A3 5.67% 6/21/2028 15,707.65 1.76 66 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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)
PAYDOWNS8/25/2025 8/25/2025 14,442.30 05592XAD2 BMWOT 2023-A A3 5.47% 2/25/2028 14,442.30 1.398/25/2025 8/25/2025 13,453.90 05602RAD3 BMWOT 2022-A A3 3.21% 8/25/2026 13,453.90 0.169/1/2025 9/25/2025 1,006.48 3137BRQJ7 FHMS K057 A2 2.57% 7/1/2026 1,006.49 18.779/1/2025 9/25/2025 10,317.28 3137BNGT5 FHMS K054 A2 2.74% 1/1/2026 10,317.28 83.349/1/2025 9/25/2025 130,199.70 3137BN6G4 FHMS K053 A2 2.99% 12/1/2025 130,199.70 140.669/1/2025 9/25/2025 1,318.68 3137FBU79 FHMS K069 A2 3.18% 9/1/2027 1,318.68 41.689/1/2025 9/25/2025 114,005.78 3137FLN34 FHMS K734 A2 3.20% 2/1/2026 114,005.78 1,113.559/1/2025 9/25/2025 1,494.95 3137F64P9 FHMS K739 A2 1.33% 9/1/2027 1,494.95 83.599/1/2025 9/25/2025 1,119.64 3137FNWX4 FHMS K736 A2 2.28% 7/1/2026 1,119.64 26.079/1/2025 9/25/2025 418.61 3137BSRE5 FHMS K059 A2 3.12% 9/1/2026 418.61 8.759/1/2025 9/25/2025 456.35 3137BTUM1 FHMS K061 A2 3.34% 11/1/2026 456.35 4.959/1/2025 9/25/2025 1,132.31 3137BRQJ7 FHMS K057 A2 2.57% 7/1/2026 1,132.31 15.799/1/2025 9/25/2025 166,471.39 3137BM7C4 FHMS K051 A2 3.30% 9/1/2025 166,471.39 25.809/1/2025 9/25/2025 863.84 3136ARTE8 FNA 2016-M3 A2 2.70% 2/1/2026 863.84 7.019/15/2025 9/15/2025 35,036.46 50117EAC8 KCOT 2022-1A A3 2.67% 10/15/2026 35,036.46 1.199/15/2025 9/15/2025 19,017.41 344928AD8 FORDO 2023-A A3 4.65% 2/15/2028 19,017.41 0.989/15/2025 9/15/2025 2,002.31 41284YAD8 HDMOT 2022-A A3 3.06% 2/15/2027 2,002.32 0.10 67 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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)
PAYDOWNS9/15/2025 9/15/2025 20,481.29 44918MAD2 HART 2022-B A3 3.72% 11/16/2026 20,481.299/15/2025 9/15/2025 11,973.50 891940AC2 TAOT 2023-A A3 4.63% 9/15/2027 11,973.509/15/2025 9/15/2025 43,001.94 31680EAD3 FITAT 2023-1 A3 5.53% 8/15/2028 43,001.94 1.569/15/2025 9/15/2025 18,787.55 500945AC4 KCOT 2023-2A A3 5.28% 1/18/2028 18,787.55 2.489/15/2025 9/15/2025 28,259.49 02007WAC2 ALLYA 2023-1 A3 5.46% 5/15/2028 28,259.49 2.669/15/2025 9/15/2025 45,225.54 58768PAC8 MBART 2022-1 A3 5.21% 8/16/2027 45,225.54 3.639/15/2025 9/15/2025 11,039.45 89231CAD9 TAOT 2022-C A3 3.76% 4/15/2027 11,039.45 0.639/15/2025 9/15/2025 26,568.22 41285JAD0 HDMOT 2023-A A3 5.05% 12/15/2027 26,568.22 1.259/15/2025 9/15/2025 41,695.00 14318UAD3 CARMX 2022-4 A3 5.34% 8/16/2027 41,695.00 3.929/15/2025 9/15/2025 16,282.03 14043QAC6 COPAR 2022-1 A3 3.17% 4/15/2027 16,282.03 1.149/15/2025 9/15/2025 46,155.03 02008MAC3 ALLYA 2022-2 A3 4.76% 5/17/2027 46,155.03 0.219/15/2025 9/15/2025 19,702.74 65480JAC4 NAROT 2022-B A3 4.46% 5/17/2027 19,702.74 1.479/15/2025 9/15/2025 21,360.77 14317HAC5 CARMX 2022-2 A3 3.49% 2/16/2027 21,360.77 0.969/15/2025 9/15/2025 18,543.87 14043GAD6 COPAR 2022-2 A3 3.66% 5/17/2027 18,543.87 0.479/15/2025 9/15/2025 22,650.71 437927AC0 HAROT 2023-2 A3 4.93% 11/15/2027 22,650.71 1.789/15/2025 9/15/2025 1,248.29 89239FAD4 TAOT 2023-D A3 5.54% 8/15/2028 1,248.29 0.089/15/2025 9/15/2025 10,323.88 44918CAD4 HART 2023-C A3 5.54% 10/16/2028 10,323.88 0.88 68 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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)
PAYDOWNS9/15/2025 9/15/2025 10,788.87 58770AAC7 MBART 2023-1 A3 4.51% 11/15/2027 10,788.87 0.589/15/2025 9/15/2025 20,598.14 06428AAC2 BAAT 2023-1A A3 5.53% 2/15/2028 20,598.14 0.429/15/2025 9/15/2025 35,388.76 50117JAC7 KCOT 2022-2A A3 4.09% 12/15/2026 35,388.76 1.849/15/2025 9/15/2025 30,694.01 50117KAC4 KCOT 2023-1A A3 5.02% 6/15/2027 30,694.01 2.009/15/2025 9/15/2025 32,600.12 14318MAD1 CARMX 2022-3 A3 3.97% 4/15/2027 32,600.12 0.269/15/2025 9/15/2025 30,698.35 891941AD8 TAOT 2023-B A3 4.71% 2/15/2028 30,698.35 0.889/15/2025 9/15/2025 23,492.26 344930AD4 FORDO 2023-B A3 5.23% 5/15/2028 23,492.26 0.179/15/2025 9/15/2025 14,809.29 89238FAD5 TAOT 2022-B A3 2.93% 9/15/2026 14,809.29 0.089/16/2025 9/16/2025 20,752.17 362583AD8 GMCAR 2023-2 A3 4.47% 2/16/2028 20,752.17 0.289/16/2025 9/16/2025 20,622.68 379930AD2 GMCAR 2023-4 A3 5.78% 8/16/2028 20,622.68 2.659/16/2025 9/16/2025 13,371.44 362585AC5 GMCAR 2022-2 A3 3.10% 2/16/2027 13,371.44 0.829/16/2025 9/16/2025 21,016.16 36265WAD5 GMCAR 2022-3 A3 3.64% 4/16/2027 21,016.16 0.059/21/2025 9/21/2025 15,472.44 438123AC5 HAROT 2023-4 A3 5.67% 6/21/2028 15,472.44 1.699/25/2025 9/25/2025 8,806.07 05602RAD3 BMWOT 2022-A A3 3.21% 8/25/2026 8,806.08 0.119/25/2025 9/25/2025 13,746.43 05592XAD2 BMWOT 2023-A A3 5.47% 2/25/2028 13,746.43 1.28 Total PAYDOWNS 4,088,471.29 4,088,471.30 5,652.12
69 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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)
SELL7/2/2025 7/7/2025 650,000.00 949746RW3 WELLS FARGO & COMPANY 3.00% 4/22/2026 647,075.00 2,964.227/2/2025 7/7/2025 550,000.00 369550BN7 GENERAL DYNAMICS CORP (CALLABLE) 1.15% 6/1/2026 535,898.00 4,948.067/2/2025 7/7/2025 135,000.00 63743HFF4 NATIONAL RURAL UTIL COOP 5.45% 10/30/2025 136,810.76 460.387/7/2025 7/9/2025 25,000.00 91282CJK8 US TREASURY N/B 4.62% 11/15/2026 25,369.10 100.437/16/2025 7/17/2025 495,000.00 89236TKT1 TOYOTA MOTOR CREDIT CORP 4.45% 5/18/2026 499,317.91 787.877/16/2025 7/17/2025 425,000.00 91282CJK8 US TREASURY N/B 4.62% 11/15/2026 431,585.76 1,616.677/18/2025 7/21/2025 475,000.00 91282CJK8 US TREASURY N/B 4.62% 11/15/2026 482,747.80 1,969.637/23/2025 7/24/2025 200,000.00 91282CJK8 US TREASURY N/B 4.62% 11/15/2026 203,306.39 1,049.787/23/2025 7/24/2025 250,000.00 91282CJK8 US TREASURY N/B 4.62% 11/15/2026 254,132.98 1,003.237/25/2025 7/25/2025 325,000.00 91282CJK8 US TREASURY N/B 4.62% 11/15/2026 330,261.38 1,555.188/4/2025 8/6/2025 450,000.00 91282CJK8 US TREASURY N/B 4.62% 11/15/2026 459,000.76 3,217.598/14/2025 8/15/2025 125,000.00 91282CJK8 US TREASURY N/B 4.62% 11/15/2026 127,578.12 835.958/14/2025 8/15/2025 300,000.00 17325FBF4 CITIBANK NA (CALLABLE) 5.43% 4/30/2026 306,870.25 2,112.009/3/2025 9/4/2025 750,000.00 21684LGS5 COOPERAT RABOBANK UA/NY 5.08% 7/17/2026 760,351.67 5,377.509/4/2025 9/5/2025 400,000.00 91282CJK8 US TREASURY N/B 4.62% 11/15/2026 409,571.34 2,982.929/8/2025 9/9/2025 285,000.00 437076CV2 HOME DEPOT INC (CALLABLE) 4.95% 9/30/2026 294,157.76 3,170.869/8/2025 9/9/2025 415,000.00 857477CD3 STATE STREET CORP (CALLABLE) 5.27% 8/3/2026 421,234.13 4,046.25 70 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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 ATTACHMENT
1 PFM Asset Management | pfmam.com

CITY OF MANTECA
For the Quarter Ended September 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 ATTACHMENT
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Manteca City CouncilNovember 4, 2025

Manteca City Council
November 4, 2025