This statement is for the period from
May 1, 2024
to
May 31, 2024
000003235 02 SP 000638726675277 S
CITY OF MENIFEE
ATTN: ROCHELLE CLAYTON
29844 HAUN ROAD
MENIFEE, CA 92586
If you have any questions regarding your account or this statement, please contact your Administrator.
IBRAHIMA KANE
CN-OH-W5IT
CN-OH-W5IT
425 WALNUT STREET
CINCINNATI OH 45202
TS CIN RC #6 - MANUAL
CN-OH-W6TC
Phone 513-632-4038
E-mail [email protected]
Portfolio Manager:
6839
00- -M -UC-UU -153-04
0509316-00-01888-04
FDDDFAADFTDTFDATDATTATTTFFFADDAAADFTFADATDTADTFDAFTDAAFDFADDFFATT ACCOUNT NUMBER:
001051010931
CITY OF MENIFEE
QUESTIONS?
10101010101010101010
10100110010000010011
10100000000110000000
10011111001010100111
11010010011001010110
11010100100001110001
10011100000100111000
10010101110010010011
11010000001010000110
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10000000111010110000
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10000011111110011100
10100100111000011011
10001100001001110100
10000111110000001011
10111001110100100110
11000010011001000101
10101010001110001010
11111111111111111111
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TABLE OF CONTENTS
........................................................................................ .................................................................................................... .................................................................................................. ..................................................................................................... ........................................................................................................... .................................................................................................
Market Value Summary
Asset Summary
Income Summary
Cash Summary
Asset Detail
Transaction Detail
1 2
3 4
5 6
6839
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0509316-00-01888-04
Schedule
Page
10101010101010101010
10100110010111010011
10100000000110000000
10011111001000010111
11010010011001001110
11010100010001011101
10011100000100101000
10010101110001101011
11010000001001001100
11001010001001000101
10000000110011111000
10101001011011010011
10000011100100001000
10100111001010110111
10001101010010011000
10001011001101011011
10110101101100011110
11010000111000010101
10101000101010000010
11111111111111111111
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CITY OF MENIFEE
ACCOUNT NUMBER:
001051010931
May 1, 2024
to
May 31, 2024
Page
1 of
9 MARKET VALUE SUMMARY
Taxable Interest
31,197.98
277,133.50
Fees and Expenses
-2,146.05
Cash Disbursements
-2,207,307.91
-2,207,307.91
Change in Investment Value
305,510.00
393,730.00
Assets Delivered
-62,657,760.00
-62,657,760.00
6839
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0509316-00-01888-04
Current Period
05/01/24
to
05/31/24
Year-to-Date
01/01/24
to
05/31/24
Beginning Market Value
$64,528,359.93
$64,196,350.46
Ending Market Value
$0.00
$0.00
Current Period
05/01/24
to
05/31/24
10101010101010101010
10100110010110010011
10100000000110000000
10011111001000001111
11010010011001000010
11010100000001010001
10011100000100010100
10010101110110011111
11010000001100111000
11001010010101110101
10000000110111101000
10101001100010000011
10000010010011101000
10100101000111000111
10001000000100010100
10001010001011000001
10111000101011000110
11001110011101011101
10101000101010111010
11111111111111111111
CITY OF MENIFEE
ACCOUNT NUMBER:
001051010931
May 1, 2024
to
May 31, 2024
Page
2 of
9 ASSET SUMMARY
Cash & Equivalents
0.00 0.00
0.00 6839
00- -M -UC-UU -153-04
0509316-00-01888-04
Assets
Current Period
Market Value
% of
Total
Estimated
Annual Income
Total Market Value
$0.00
100.00
$0.00
CITY OF MENIFEE
ACCOUNT NUMBER:
001051010931
May 1, 2024
to
May 31, 2024
Page
3 of
9 INCOME SUMMARY
Taxable Interest
31,197.98
277,133.50
6839
00- -M -UC-UU -153-04
0509316-00-01888-04
Income Received
Current Period
Income Received
YTD
Total Current Period Income
$31,197.98
$277,133.50
10101010101010101010
10100110010101010011
10100000000110000000
10011111001000011111
11010010001001000010
11010101110000010001
10011100000100110000
10010101110011111011
11010000001100010000
11001010001100110101
10000000111000110000
10101001101011000011
10000010000101110000
10100010101111101011
10001100110100011000
10001010001101101111
10110110000110001110
11011101111101110101
10101010101010000010
11111111111111111111
CITY OF MENIFEE
ACCOUNT NUMBER:
001051010931
May 1, 2024
to
May 31, 2024
Page
4 of
9 CASH SUMMARY
Taxable Interest
31,197.98
31,197.98
Cash Disbursements
-2,207,307.91
-2,207,307.91
Net Money Market Activity
2,176,109.93
2,176,109.93
6839
00- -M -UC-UU -153-04
0509316-00-01888-04
Principal
Cash
Income
Cash
Total
Cash
Beginning Cash 05/01/2024
-$1,674,137.38
$1,674,137.38
$0.00
Ending Cash 05/31/2024
-$1,705,335.36
$1,705,335.36
$0.00
CITY OF MENIFEE
ACCOUNT NUMBER:
001051010931
May 1, 2024
to
May 31, 2024
Page
5 of
9 ASSET DETAIL
ASSET DETAIL MESSAGES
Time of trade execution and trading party (if not disclosed) will be provided upon request.
Publicly traded assets are valued in accordance with market quotations or valuation methodologies from financial industry services believed by us to be reliable. Assets that are not publicly traded may be reflected at value
s from other external sources. Assets for which a current value is not available may be reflected at a previous value or as not valued, at par value, or at a nominal value. Values shown do not necessarily reflect prices at w
hich assets could be bought or sold. Values are updated based on internal policy and may be updated less frequently than statement generation.
Principal Cash
-1,705,335.36
-1,705,335.36
0.0 Income Cash
1,705,335.36
1,705,335.36
0.0 Total Cash
$0.00
$0.00
$0.00
0.0 $0.00
$0.00
$0.00
$0.00
0.0 $0.00
$0.00
$0.00
$0.00
0.0 $0.00
0.00 6839
00- -M -UC-UU -153-04
0509316-00-01888-04
Cash
Security Description
Shares/Face Amt
Price
Market Value
Tax Cost
Unrealized
Gain/Loss
Percent
of Total
Portfolio
Estimated
Annual Income
Estimated
Current Yield
Cash & Equivalents
Total Cash & Equivalents
Total Assets
Estimated Current Yield
10101010101010101010
10100110010100010011
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10000000111100100000
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10000011110010010000
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10001001100010010100
10001011001011110101
10111011000001010110
11000011011000111101
10101010101010111010
11111111111111111111
CITY OF MENIFEE
ACCOUNT NUMBER:
001051010931
May 1, 2024
to
May 31, 2024
Page
6 of
9 TRANSACTION DETAIL
05/01/24
Asset Income
Interest Earned On
First Am Govt Ob Fd Cl Y
8,697.98
Interest From 4/1/24 To 4/30/24
05/15/24
Asset Income
Interest Earned On
U S Treasury Nt 2.250% 11/15/25
22,500.00
0.01125 USD/$1 Pv On 2,000,000 Par Value Due 5/15/24
05/16/24
Free Deliver
Distributed 5,000,000 Par Value Of
F H L B Deb 0.875% 6/16/26
-5,000,000.00
Miscellaneous Expense
Valued At 4,601,350.00 USD
Market Value Of 4,601,350.00 USD
Internal Transfer To A/C Xxxxxx2020
05/16/24
Free Deliver
Distributed 3,000,000 Par Value Of
F H L B Deb 0.500% 12/16/24
-3,000,000.00
Miscellaneous Expense
Valued At 2,918,430.00 USD
Market Value Of 2,918,430.00 USD
Internal Transfer To A/C Xxxxxx2020
05/16/24
Free Deliver
Distributed 4,000,000 Par Value Of
F H L B Deb 0.700% 9/16/25
-4,000,000.00
Miscellaneous Expense
Valued At 3,776,840.00 USD
Market Value Of 3,776,840.00 USD
Internal Transfer To A/C Xxxxxx2020
05/16/24
Free Deliver
Distributed 5,000,000 Par Value Of
F H L B Deb 0.625% 3/24/25
-5,000,000.00
Miscellaneous Expense
Valued At 4,811,150.00 USD
Market Value Of 4,811,150.00 USD
Internal Transfer To A/C Xxxxxx2020
05/16/24
Free Deliver
Distributed 5,000,000 Par Value Of
F H L B Deb 1.000% 6/30/26
-5,000,000.00
Miscellaneous Expense
Valued At 4,620,300.00 USD
Market Value Of 4,620,300.00 USD
Internal Transfer To A/C Xxxxxx2020
$1,674,137.38
-$1,674,137.38
$68,656,109.93
6839
00- -M -UC-UU -153-04
0509316-00-01888-04
Date
Posted
Activity
Description
Income
Cash
Principal
Cash
Tax Cost
Beginning Balance 05/01/2024
CITY OF MENIFEE
ACCOUNT NUMBER:
001051010931
May 1, 2024
to
May 31, 2024
Page
7 of
9 TRANSACTION DETAIL
(continued)
05/16/24
Free Deliver
Distributed 5,000,000 Par Value Of
F H L B Deb 1.050% 6/30/26
-5,000,000.00
Miscellaneous Expense
Valued At 4,620,350.00 USD
Market Value Of 4,620,350.00 USD
Internal Transfer To A/C Xxxxxx2020
05/16/24
Free Deliver
Distributed 5,000,000 Par Value Of
F H L B Deb 0.750% 6/30/25
-5,000,000.00
Miscellaneous Expense
Valued At 4,776,900.00 USD
Market Value Of 4,776,900.00 USD
Internal Transfer To A/C Xxxxxx2020
05/16/24
Free Deliver
Distributed 5,000,000 Par Value Of
F H L B Deb 0.500% 9/30/24
-5,000,000.00
Miscellaneous Expense
Valued At 4,907,900.00 USD
Market Value Of 4,907,900.00 USD
Internal Transfer To A/C Xxxxxx2020
05/16/24
Free Deliver
Distributed 4,000,000 Par Value Of
F F C B Deb 0.650% 6/09/25
-4,000,000.00
Miscellaneous Expense
Valued At 3,820,920.00 USD
Market Value Of 3,820,920.00 USD
Internal Transfer To A/C Xxxxxx2020
05/16/24
Free Deliver
Distributed 5,000,000 Par Value Of
F F C B Deb 0.800% 6/22/26
-4,977,500.00
Miscellaneous Expense
Valued At 4,598,100.00 USD
Market Value Of 4,598,100.00 USD
Internal Transfer To A/C Xxxxxx2020
05/16/24
Free Deliver
Distributed 3,000,000 Par Value Of
U S Treasury Nt 2.000% 8/15/25
-3,175,312.50
Miscellaneous Expense
Valued At 2,892,540.00 USD
Market Value Of 2,892,540.00 USD
Internal Transfer To A/C Xxxxxx2020
6839
00- -M -UC-UU -153-04
0509316-00-01888-04
Date
Posted
Activity
Description
Income
Cash
Principal
Cash
Tax Cost
10101010101010101010
10100110010011010011
10100000000110000000
10011111001000000111
11010010001001000010
11010101010000010001
10011100000101101000
10010101110110000111
11010000001000010110
11001010011101101101
10000000110100000000
10101000111101111011
10000011000001001100
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10001101011101010000
10011011100011011101
10101100110000001010
11010110011100001101
10101011101010110010
11111111111111111111
CITY OF MENIFEE
ACCOUNT NUMBER:
001051010931
May 1, 2024
to
May 31, 2024
Page
8 of
9 TRANSACTION DETAIL
(continued)
05/16/24
Free Deliver
Distributed 2,000,000 Par Value Of
U S Treasury Nt 2.250% 11/15/25
-2,140,625.00
Miscellaneous Expense
Valued At 1,923,900.00 USD
Market Value Of 1,923,900.00 USD
Internal Transfer To A/C Xxxxxx2020
05/16/24
Free Deliver
Distributed 3,000,000 Par Value Of
U S Treasury Nt 1.500% 10/31/24
-3,111,562.50
Miscellaneous Expense
Valued At 2,949,000.00 USD
Market Value Of 2,949,000.00 USD
Internal Transfer To A/C Xxxxxx2020
05/16/24
Free Deliver
Distributed 3,000,000 Par Value Of
U S Treasury Nt 1.375% 1/31/25
-3,091,875.00
Miscellaneous Expense
Valued At 2,920,260.00 USD
Market Value Of 2,920,260.00 USD
Internal Transfer To A/C Xxxxxx2020
05/16/24
Free Deliver
Distributed 5,000,000 Par Value Of
U S Treasury Nt 0.500% 3/31/25
-4,984,375.00
Miscellaneous Expense
Valued At 4,804,500.00 USD
Market Value Of 4,804,500.00 USD
Internal Transfer To A/C Xxxxxx2020
05/16/24
Free Deliver
Distributed 4,000,000 Par Value Of
U S Treasury Nt 0.750% 3/31/26
-3,998,750.00
Miscellaneous Expense
Valued At 3,715,320.00 USD
Market Value Of 3,715,320.00 USD
Internal Transfer To A/C Xxxxxx2020
05/16/24
Cash Disbursement
Cash Disbursement
Paid To 6736302020
-2,207,307.91
Transfer To Another Account
Purchase
Combined Purchases For The Period 5/ 1/24 - 5/31/24 Of First Am Govt Ob Fd Cl Y
-31,197.98
31,197.98
6839
00- -M -UC-UU -153-04
0509316-00-01888-04
Date
Posted
Activity
Description
Income
Cash
Principal
Cash
Tax Cost
CITY OF MENIFEE
ACCOUNT NUMBER:
001051010931
May 1, 2024
to
May 31, 2024
Page
9 of
9 TRANSACTION DETAIL
(continued)
Sale
Combined Sales For The Period 5/ 1/24 - 5/31/24 Of
First Am Govt Ob Fd Cl Y
2,207,307.91
-2,207,307.91
$1,705,335.36
-$1,705,335.36
$0.00
6839
00- -M -UC-UU -153-04
0509316-00-01888-04
Date
Posted
Activity
Description
Income
Cash
Principal
Cash
Tax Cost
Ending Balance 05/31/2024
10101010101010101010
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11111111111111111111
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Glossary
The accumulation of the value of a discounted bond until maturity.
The difference between the proceeds and the Prior
Market Value of the transaction.
The difference between the Market Value and the
Adjusted Prior Market Value.
A figure calculated using the beginning Market Value for the fiscal year, adjusted for all asset related transactions during the period, employing an average cost methodology.
The decrease in value of a premium bond until maturity. - Anything owned that has commercial exchange value. Assets may consist of specific property or of claims against others, in contrast to obligations due to others (liabilities).
A measurement of a bond's quality based upon the issuer's financial condition. Ratings are assigned by independent rating services, such as Moody's, or S&P, and reflect their opinion of the issuer's ability to meet the scheduled interest and principal repayments for the bond.
Cash activity that includes both income and principal cash categories. - Also reported as Gain/Loss in Period in the Asset Detail section.
This figure shows the market appreciation (depreciation) for the current period. - The original price of an asset, normally the purchase price or appraised value at the time of acquisition. Book Value method maintains an average cost for each asset. - The original price of an asset, normally the purchase price or appraised value at the time of acquisition. Tax Basis uses client determined methods such as Last-In-First-Out (LIFO), First-In-First-Out (FIFO), Average, Minimum Gain, and Maximum Gain. (Also reported as Accrued Income)
Income earned but not yet received, or expenses
incurred but not yet paid, as of the end of the reporting period.
The amount of income a particular asset is anticipated to earn over the next year. The shares multiplied by annual income rate. - The annual rate of return on an investment expressed as a percentage. For stocks, yield is calculated by taking the annual dividend payments divided by the stock's current share price. For bonds, yield is calculated by the coupon rate divided by the bond's market price. - (Also reported as Ex-Date) For stock trades, the person who owns the security on the ex-dividend date will earn the dividend, regardless of who currently owns the stock.
A category of cash comprised of ordinary earnings derived from investments, usually dividends and interest.
The price per unit multiplied by the number of units.
- The date on which an obligation or note matures.
- The date on which a dividend, mutual fund distribution, or interest on a bond will be made.
A category of cash comprised of cash, deposits, cash withdrawals and the cash flows generated from purchases or sales of investments.
- The Proceeds less the Cost Basis of a transaction.
- The date on which a trade settles and cash or securities are credited or debited to the account.
The date a trade is legally entered into.
- The difference between the Market Value and Cost Basis at the end of the current period.
- The annual rate of return on an investment expressed as a percentage. For stocks, yield is calculated by the annual dividend payments divided by the stock's current share price.
For bonds, yield is calculated by the coupon rate divided by the bond's market price.
The terms defined in this glossary are only for use when reviewing your account statement. Please contact your Relationship Manager with any questions.
Accretion -
Adjusted Prior Market Realized Gain/Loss -
Adjusted Prior Market Unrealized Gain/Loss -
Adjusted Prior Market Value -
Amortization -
Asset
Bond Rating -
Cash -
Change in Unrealized Gain/Loss
Cost Basis (Book Value)
Cost Basis (Tax Basis)
Ending Accrual -
Estimated Annual Income -
Estimated Current Yield
Ex-Dividend Date
Income Cash -
Market Value -
Maturity Date
Payable Date
Principal Cash -
Realized Gain/Loss Calculation
Settlement Date
Trade Date -
Unrealized Gain/Loss
Yield on/at Market
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11111111111111111111
006839
-UC-153
000003235 02 SP 000638726675277 S
CITY OF MENIFEE
ATTN: ROCHELLE CLAYTON
29844 HAUN ROAD
MENIFEE, CA 92586
FDDDFAADFTDTFDATDATTATTTFFFADDAAADFTFADATDTADTFDAFTDAAFDFADDFFATT U.S. Bank
1555 N. Rivercenter Dr.
Suite 300
Milwaukee, WI 53212