Murrieta City Council
November 7, 2023

Check #
Check Register
City of Murrieta
CSD Tree Trimming Srvcs City204281 1,087.80
Check Total: 1,087.80
V00112709/28/2300156591 Willdan Engineering
Fire Plan Check 8/21-9/4/23002-30035 4,955.00
Fire Plan Check 8/24-9/8/23002-30037 4,995.00
Check Total: 9,950.00
V00112809/28/2300156592 Willdan Financial Services
LLD 1 Levy010-56083 418.46
LLD 2 Levy010-56083 282.14
LLD 3 Levy010-56083 218.73
LLD 4 Levy010-56083 272.39
LLD 5 Levy010-56083 249.86
LLD 6 Levy010-56083 248.72
LLD 7 Levy010-56083 254.16
LLD 8 Levy010-56083 215.31
LLD 9 Levy010-56083 232.14
LLD 10 Levy010-56083 405.93
LLD 11 Levy010-56083 287.84
LLD 12 Levy010-56083 670.35
LLD 13 Levy010-56083 331.51
LLD 14 Levy010-56083 279.74
LLD 15 Levy010-56083 387.20
LLD 16 Levy010-56083 437.07
LLD 17 Levy010-56083 261.40
LLD 18 Levy010-56083 241.89
LLD 19 Levy010-56083 320.62
LLD 20 Levy010-56083 244.55
LLD 21 Levy010-56083 369.23
LLD 22 Levy010-56083 229.36
LLD 23 Levy010-56083 257.96
LLD 24 Levy010-56083 211.51
LLD 25 Levy010-56083 207.24
LLD 26 Levy010-56083 208.09
LLD 27 Levy010-56083 206.07
LLD 28 Levy010-56083 196.62
LLD 29 Levy010-56083 163.28
Sept Mnthly CSD Park Tax Admin010-56084 2,895.71
Check Total: 11,205.08
V00112809/28/2300156593 Willdan Financial Services
Professional Services for DIF010-55932 3,060.00
Check Total: 3,060.00
V00523709/28/2300156594 Wood, Hollis J
Senior Tai-Chi Class-Aug 2023HW0823 298.90
User: 10/17/2023
Current Time:

Current Date:
09:39:46
Missy Matula
Report: AP3018RV1- Detail Check
186
Amount PaidDescriptionInv #VendorDate

Check #
Check Register
City of Murrieta
Check Total: 298.90
V00339409/28/2300156595 Johnson, Paul
ADPP SEPTEMBER 2023JOHNSON ADPP 09 984.00
Check Total: 984.00
V00472609/28/2300156596 Slaughter, Matthew
ADPP SEPTEMBER 2023SLAUGHTER 4,715.00
Check Total: 4,715.00
V00566109/29/2300156597 Duenas, Richard
USER CONF DALLAS 2023RDUENAS100423 135.49
Check Total: 135.49
V00376309/29/2300156598 Jones, Christina
CLEARING CIA JONES070523CJ -133.25
REIMB OWED TO JONES ENGAGE070523CJ 220.10
Check Total: 86.85
V00104009/12/2309001400 U S Bank National Association
LAIF Transfer to InvestmentsLAIF091223TRANSF 20,000,000.00 Check Total: 20,000,000.00
1209 22,876,140.67Invoice Count: Grand Total:

V00448709/15/2300156364 Rodriguez, Joshua
CIA RODRIGUEZ CALFIA091123JR 164.50
Check Total: 164.50
1 164.50Invoice Count: Grand Total:

User: 10/17/2023
Current Time:

Current Date:
09:39:46
Missy Matula
Report: AP3018RV1- Detail Check
187

CITY OF MURRIETA
City Council Meeting Agenda
Report
11/7/2023
Agenda Item No. 5.

TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: Javier Carcamo, Finance Director
PREPARED BY: Geovanny Calvopina, Financial Analyst
SUBJECT: Monthly Investment Transaction Report for September 2023

RECOMMENDATION
Receive and file the Monthly Investment Transaction Report for September 2023.

PRIOR ACTION/VOTE
No prior action.

CITY COUNCIL GOAL
Maintain a high performing organization that values fiscal sustainability, transparency, accountability and organizational efficiency.

BACKGROUND
This report is filed with the City Council in compliance with Government Code Section 53607, which states that a monthly report of transactions related to the purchase, sale, or exchange of securities is made monthly to the legislative body. The City of Murrieta (City) has both long-term and short-term investments. The City’s managed investment portfolio is for longer-term investments, managed through Chandler Asset Management.

The Local Agency Investment Fund (LAIF), managed by the California State Treasurer, is used for short-term investments and functions more like a savings account to facilitate cash flow.

This report includes funds under management with Chandler Asset Management, funds deposited with LAIF, and earnings from the Wells Fargo Cash Sweep Program. Bond funds held by the City’sTrustee are not included in this report but are on file and available upon request.

The transactions in the long-term investment portfolio for September 2023 include dispositions of $23,168,733.98 in security purchases and money market sales, which also includes a withdrawal for bank fees of $354.00. In addition, a deposit of $20,000,000.00 was made in the investment portfolio account from our short-term investment account. In order to maximize interest-earning potential, the transferred funds will be invested as part of a two-plan strategy focusing on liquidity and limited maturity to maintain cash flow.

Subsequently, these proceeds, together with the dispositions and monthly interest earnings, were reinvested in security and money market fund purchases totaling $43,377,229.31.

CITY OF MURRIETA Printed on 11/2/2023Page 1 of 2
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188
11/7/2023
Agenda Item No. 5.

The California State Treasurer allocates and reinvests LAIF interest earnings on a quarterly basis. Quarterly interest earnings are reflected in the statement one month following the end of the quarter. This account's last interest earnings deposit was in July 2023, for the prior quarter. There are no LAIF transactions to report for the month of September.

As of September 30, 2023, the City’s Total Ending Book Value (or what the City actually paid for the investments) for both investment accounts (long and short-term accounts) is $169,884,363.49. All three accounts combined had an overall increase of $119,411.71 or .08% when compared to the prior month, which includes any deposits, dispositions, applicable interest earning, and less any realized gain/loss or monthly fees charged to the account.

The City is also earning monthly dividends in the General Checking account. The Wells Fargo “CashSweep Program” allows the City to earn a return on uninvested cash balances in our General Checking Account by automatically "sweeping" cash balances into a Sweep investment vehicle until such balances are otherwise needed to satisfy obligations arising in the account.

The total earnings from the Cash Sweep Program for the month of September were $336,254.99.

Included, as Attachments 1-3, are the investment portfolio accounts and LAIF regular monthly statements, which outline all transactions associated with the respective accounts. Additionally, Attachment 4 is a summary of daily transactions associated with the Wells Fargo Cash Sweep Program.

This report also includes a statement of compliance with state law and the City’sinvestment policy for the various investment categories.

FISCAL IMPACT
There is no fiscal impact associated with the recommended action. Interest earnings projections are included in the Fiscal Year 2023/24 Operating Budget.

ATTACHMENTS

1. Chandler Asset Management Monthly Account Statement for September 2023

2. Chandler Asset Management Monthly Account Statement for September 2023 (New)

3. Local Agency Investment Fund (LAIF) September 2023

4. Wells Fargo Cash Sweep Program September 2023 Statement CITY OF MURRIETA Printed on 11/2/2023Page 2 of 2
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189
City of Murrieta - Account

MONTHLY ACCOUNT STATEMENT
SEPTEMBER 1, 2023 THROUGH SEPTEMBER 30, 2023
Information contained herein is confidential. We urge you to compare this statement to the one you receive from your qualified custodian. Please see Important Disclosures.

CHANDLER ASSET MANAGEMENT
chandlerasset.com
Chandler Team:

Custodian
190

ACCOUNT SUMMARY
Beg. Values
as of 8/31/23
End Values
as of 9/30/23
Market Value 119,576,185 128,500,325
Accrued Interest 561,205 595,530
Total Market Value 120,137,390 129,095,855
Income Earned 221,155 245,515
Cont/WD 8,999,646
Par 124,052,066 133,624,653
Book Value 123,146,537 132,268,243
Cost Value 123,146,537 132,268,243

TOP ISSUERS
Government of United States 42.8%
Federal Home Loan Bank 10.0%
Federal Home Loan Mortgage Corp 8.5%
Federal Farm Credit Bank 6.4%
Bank of America Corp 1.5%
Federal National Mortgage Assoc 1.5%
Microsoft 1.4%
Caterpillar Inc 1.4%
Total 73.5%

PORTFOLIO CHARACTERISTICS
Average Modified Duration 1.76
Average Coupon 2.36%
Average Purchase YTM 2.63%
Average Market YTM 5.29%
Average S&P/Moody Rating AA/Aa1
Average Final Maturity 2.01 yrs
Average Life 1.89 yrs

CREDIT QUALITY (S&P)

MATURITY DISTRIBUTION

SECTOR ALLOCATION
Portfolio Summary
As of September 30, 2023
City of Murrieta
Account

PERFORMANCE REVIEW
Annualized
TOTAL RATE OF RETURN 1M 3M YTD 1YR 2YRS 3YRS 5YRS 10YRS 1/31/2020 City of Murrieta -0.03% 0.71% 2.20% 3.08% -0.79% -0.46% N/A N/A 0.31% ICE BofA 1-3 Yr US Treasury Index -0.01% 0.74% 1.72% 2.47% -1.26% -0.84% N/A N/A -0.01% Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 1 191

BOOK VALUE RECONCILIATION
BEGINNING BOOK VALUE $123,146,537.11
Acquisition
+ Security Purchases $11,623,203.48
+ Money Market Fund Purchases $2,927,809.72
+ Money Market Contributions $9,000,000.00
+ Security Contributions $0.00
+ Security Transfers $0.00
Total Acquisitions $23,551,013.20
Dispositions
- Security Sales $0.00
- Money Market Fund Sales $11,684,966.45
- MMF Withdrawals $354.00
- Security Withdrawals $0.00
- Security Transfers $0.00
- Other Dispositions $0.00
- Maturities $2,250,000.00
- Calls $0.00
- Principal Paydowns $404,902.98
Total Dispositions $14,340,223.43
Amortization/Accretion
+/- Net Accretion $46.38
$46.38
Gain/Loss on Dispositions
+/- Realized Gain/Loss ($89,130.00)
($89,130.00)
ENDING BOOK VALUE $132,268,243.26

CASH TRANSACTION SUMMARY
BEGINNING BALANCE $635,820.17
Acquisition
Contributions $9,000,000.00
Security Sale Proceeds $0.00
Accrued Interest Received $0.00
Interest Received $269,416.41
Dividend Received $3,490.33
Principal on Maturities $2,250,000.00
Interest on Maturities $0.00
Calls/Redemption (Principal) $0.00
Interest from Calls/Redemption $0.00
Principal Paydown $404,902.98
Total Acquisitions $11,927,809.72
Dispositions
Withdrawals $354.00
Security Purchase $11,623,203.48
Accrued Interest Paid $61,762.97
Total Dispositions $11,685,320.45
ENDING BOOK VALUE $878,309.44
Reconciliation Summary
As of September 30, 2023
City of Murrieta
Account
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 3 192 Holdings Report
As of September 30, 2023
City of Murrieta
Account
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
ABS
89237VAB5 Toyota Auto Receivables Trust 2020-C
A3

0.44% Due 10/15/2024
8,217.82 07/21/2020

0.44%
8,217.19
8,217.19

99.79 7.01%
8,200.16

1.61 0.01%
(17.03)
Aaa / AAA
NR

1.04 0.03
36262XAC8 GM Financial Auto Lease Trust 2021-3
A2

0.39% Due 10/21/2024
226,276.21 08/10/2021

0.39%
226,273.13
226,273.13

99.36 5.86%
224,819.22

26.96 0.17%
(1,453.91)

NR / AAA
AAA

1.06 0.12
47787NAC3 John Deere Owner Trust 2020-B A3

0.51% Due 11/15/2024
5,633.08 07/14/2020

0.52%
5,632.22
5,632.22

99.78 5.99%
5,620.74

1.28 0.00%
(11.48)
Aaa / NR
AAA

1.13 0.04
58769KAD6 Mercedes-Benz Auto Lease Trust 2021-
B A3

0.4% Due 11/15/2024
191,982.28 06/22/2021

0.40%
191,967.79
191,967.79

99.15 5.55%
190,345.82

34.13 0.15%
(1,621.97)

NR / AAA
AAA

1.13 0.16
09690AAC7 BMW Vehicle Lease Trust 2021-2 A3

0.33% Due 12/26/2024
57,878.71 09/08/2021

0.34%
57,872.73
57,872.73

99.43 5.99%
57,550.13

3.18 0.04%
(322.60)
Aaa / NR
AAA

1.24 0.10
89236XAC0 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025
35,341.61 10/06/2020

0.36%
35,335.03
35,335.03

99.47 6.23%
35,154.27

5.50 0.03%
(180.76)

NR / AAA
AAA

1.30 0.09
05601XAC3 BMW Vehicle Lease Trust 2022-1 A3

1.1% Due 3/25/2025
175,242.64 01/11/2022

1.11%
175,216.44
175,216.44

98.83 6.13%
173,186.17

32.13 0.13%
(2,030.27)

NR / AAA
AAA

1.48 0.23
43813GAC5 Honda Auto Receivables Trust 2021-1
A3

0.27% Due 4/21/2025
69,580.04 02/17/2021

0.27%
69,578.77
69,578.77

98.22 6.10%
68,341.38

5.22 0.05%
(1,237.39)
Aaa / NR
AAA

1.56 0.30
89240BAC2 Toyota Auto Receivables Owners 2021-
A A3

0.26% Due 5/15/2025
254,596.19 02/02/2021

0.27%
254,548.94
254,548.94

98.27 6.03%
250,202.37

29.42 0.19%
(4,346.57)
Aaa / NR
AAA

1.62 0.30
47788UAC6 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
153,397.76 03/02/2021

0.37%
153,368.28
153,368.28

97.63 6.07%
149,761.92

24.54 0.12%
(3,606.36)
Aaa / NR
AAA

1.96 0.41
44933LAC7 Hyundai Auto Receivables Trust 2021-A
A3

0.38% Due 9/15/2025
186,811.76 04/20/2021

0.38%
186,792.10
186,792.10

97.97 5.89%
183,021.35

31.55 0.14%
(3,770.75)

NR / AAA
AAA

1.96 0.37
05593AAC3 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025
155,000.00 02/07/2023

5.22%
154,996.31
154,996.31

99.15 6.04%
153,689.94
133.30

0.12%
(1,306.37)
Aaa / AAA
AAA

2.16 1.03
44934KAC8 Hyundai Auto Receivables Trust 2021-B
A3

0.38% Due 1/15/2026
548,530.17 07/20/2021

0.39%
548,409.11
548,409.11

97.18 6.10%
533,061.62

92.64 0.41%
(15,347.49)

NR / AAA
AAA

2.30 0.49
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 4 193 Holdings Report
As of September 30, 2023
City of Murrieta
Account
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
ABS
43815GAC3 Honda Auto Receivables Trust 2021-4
A3

0.88% Due 1/21/2026
282,855.95 11/16/2021

0.89%
282,796.34
282,796.34

96.10 6.44%
271,828.25

69.14 0.21%
(10,968.09)
Aaa / NR
AAA

2.31 0.70
47789QAC4 John Deere Owner Trust 2021-B A3

0.52% Due 3/16/2026
306,399.94 07/13/2021

0.52%
306,372.61
306,372.61

96.59 5.88%
295,940.06

70.81 0.23%
(10,432.55)
Aaa / NR
AAA

2.46 0.64
43815PAC3 Honda Auto Receivables 2022-2 A3

3.73% Due 7/20/2026
365,000.00 08/15/2022

3.76%
364,978.25
364,978.25

97.38 5.87%
355,423.53
491.63

0.28%
(9,554.72)

NR / AAA
AAA

2.81 1.25
05602RAD3 BMW Vehicle Owner Trust 2022-A A3

3.21% Due 8/25/2026
350,000.00 05/10/2022

3.23%
349,981.80
349,981.80

97.56 5.95%
341,442.85
187.25

0.26%
(8,538.95)
Aaa / AAA
NR

2.90 0.90
362554AC1 GM Financial Securitized Term 2021-4
A3

0.68% Due 9/16/2026
215,563.72 10/13/2021

0.68%
215,558.23
215,558.23

95.94 6.21%
206,808.38

61.08 0.16%
(8,749.85)
Aaa / AAA
NR

2.96 0.73
47787JAC2 John Deere Owner Trust 2022-A A3

2.32% Due 9/16/2026
410,000.00 03/10/2022

2.34%
409,909.31
409,909.31

96.82 6.16%
396,941.91
422.76

0.31%
(12,967.40)
Aaa / NR
AAA

2.96 0.83
380146AC4 GM Financial Auto Receivables 2022-1
A3

1.26% Due 11/16/2026
213,035.27 01/11/2022

1.27%
213,016.76
213,016.76

96.63 5.58%
205,857.05
111.84

0.16%
(7,159.71)

NR / AAA
AAA

3.13 0.78
379929AD4 GM Financial Auto Leasing 2023-3 A3

5.38% Due 11/20/2026
280,000.00 08/08/2023

5.45%
279,966.43
279,966.43

99.60 5.67%
278,893.72
460.29

0.22%
(1,072.71)

NR / AAA
AAA

3.14 1.75
36265WAD5 GM Financial Securitized Auto 2022-3
A3

3.64% Due 4/16/2027
320,000.00 07/06/2022

3.67%
319,997.79
319,997.79

97.51 5.63%
312,024.96
485.33

0.24%
(7,972.83)
Aaa / NR
AAA

3.55 1.28
02582JJT8 American Express Credit Trust 2022-2 A

3.39% Due 5/17/2027
905,000.00 05/17/2022

3.42%
904,799.81
904,799.81

96.51 5.72%
873,387.45
1,363.53

0.68%
(31,412.36)

NR / AAA
AAA

3.63 1.53
92348KAV5 Verizon Master Trust 2022-5 A1A

3.72% Due 7/20/2027
415,000.00 08/02/2022

3.75%
414,981.74
414,981.74

99.36 4.97%
412,360.19
471.72

0.32%
(2,621.55)

NR / AAA
AAA

3.81 0.86
161571HT4 Chase Issuance Trust 23-A1 A

5.16% Due 9/15/2028
1,320,000.00 09/07/2023

5.23%
1,319,634.10
1,319,634.10

99.63 5.35%
1,315,139.76
3,027.20

1.02%
(4,494.34)

NR / AAA
AAA

4.96 2.66
Total ABS 7,451,343.15 2.71%
7,450,201.21
7,450,201.21 5.77%
7,299,003.20
7,644.04

5.66%
(151,198.01)
Aaa / AAA
AAA

3.10 1.18
AGENCY
3137EAEY1 FHLMC Note

0.125% Due 10/16/2023
1,575,000.00 10/14/2020

0.25%
1,569,125.25
1,569,125.25

99.79 4.76%
1,571,757.08
902.34

1.22%
2,631.83
Aaa / AA+
AA+

0.04 0.04
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 5 194 Holdings Report
As of September 30, 2023
City of Murrieta
Account
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
AGENCY
3133EHN25 FFCB Note

2.2% Due 11/1/2023
2,000,000.00 06/20/2019

1.83%
2,031,280.00
2,031,280.00

99.72 5.37%
1,994,480.00
18,333.33

1.56%
(36,800.00)
Aaa / AA+
AA+

0.09 0.09
3137EAFA2 FHLMC Note

0.25% Due 12/4/2023
1,465,000.00 12/02/2020

0.28%
1,463,549.65
1,463,549.65

99.11 5.27%
1,452,025.96
1,190.31

1.13%
(11,523.69)
Aaa / AA+
AA+

0.18 0.18
3133EKMX1 FFCB Note

2.23% Due 2/23/2024
2,000,000.00 07/16/2019

1.97%
2,022,820.00
2,022,820.00

98.68 5.62%
1,973,550.00
4,707.78

1.53%
(49,270.00)
Aaa / AA+
AA+

0.40 0.39
3130A1XJ2 FHLB Note

2.875% Due 6/14/2024
2,000,000.00 09/13/2019

1.76%
2,101,140.00
2,101,140.00

98.08 5.68%
1,961,684.00
17,090.28

1.53%
(139,456.00)
Aaa / AA+
NR

0.71 0.68
3135G0V75 FNMA Note

1.75% Due 7/2/2024
2,000,000.00 10/21/2019

1.66%
2,007,660.00
2,007,660.00

97.24 5.53%
1,944,724.00
8,652.78

1.51%
(62,936.00)
Aaa / AA+
AA+

0.76 0.73
3130AQF40 FHLB Note
1% Due 12/20/2024
1,400,000.00 12/21/2021

1.03%
1,398,768.00
1,398,768.00

94.82 5.44%
1,327,468.80
3,927.78

1.03%
(71,299.20)
Aaa / AA+
AA+

1.22 1.18
3133ENKS8 FFCB Note

1.125% Due 1/6/2025
755,000.00 01/06/2022

1.20%
753,301.25
753,301.25

94.84 5.39%
716,053.33
2,005.47

0.56%
(37,247.92)
Aaa / AA+
AA+

1.27 1.22
3133ENPG9 FFCB Note

1.75% Due 2/14/2025
1,200,000.00 02/25/2022

1.82%
1,197,456.00
1,197,456.00

95.19 5.44%
1,142,233.20
2,741.67

0.89%
(55,222.80)
Aaa / AA+
AA+

1.38 1.32
3130AWLZ1 FHLB Note

4.75% Due 6/12/2026
2,000,000.00 08/16/2023

4.78%
1,998,620.00
1,998,620.00

99.49 4.95%
1,989,864.00
21,375.00

1.56%
(8,756.00)
Aaa / AA+
AA+

2.70 2.48
3133EPSW6 FFCB Note

4.5% Due 8/14/2026
2,405,000.00 08/09/2023

4.58%
2,399,468.50
2,399,468.50

99.01 4.87%
2,381,192.91
14,129.38

1.86%
(18,275.59)
Aaa / AA+
AA+

2.87 2.65
3130AWTQ3 FHLB Note

4.625% Due 9/11/2026
4,500,000.00 Various

4.81%
4,476,030.00
4,476,030.00

99.20 4.91%
4,464,180.00
32,953.13

3.48%
(11,850.00)
Aaa / AA+
NR

2.95 2.70
3130AVVX7 FHLB Note

3.75% Due 6/9/2028
1,120,000.00 06/07/2023

4.00%
1,107,243.20
1,107,243.20

96.07 4.69%
1,076,023.20
17,266.67

0.85%
(31,220.00)
Aaa / AA+
NR

4.70 4.17
3130AWC24 FHLB Note
4% Due 6/9/2028
2,000,000.00 07/06/2023

4.49%
1,956,940.00
1,956,940.00

97.12 4.69%
1,942,354.00
26,666.67

1.53%
(14,586.00)
Aaa / AA+
NR

4.70 4.16
Total Agency 26,420,000.00 2.85%
26,483,401.85
26,483,401.85 5.15%
25,937,590.48
171,942.59

20.22%
(545,811.37)
Aaa / AA+
AA+

1.85 1.69
CMO
3137BM7C4 FHLMC K051 A2

3.308% Due 9/25/2025
1,223,000.00 06/23/2022

3.33%
1,220,420.23
1,220,420.23

96.05 5.51%
1,174,712.29
3,371.40

0.91%
(45,707.94)

NR / NR
AAA

1.99 1.74
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 6 195 Holdings Report
As of September 30, 2023
City of Murrieta
Account
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
CMO
3137BSP72 FHLMC K058 A2

2.653% Due 8/25/2026
2,000,000.00 02/09/2023

4.35%
1,890,546.88
1,890,546.88

93.06 5.27%
1,861,102.00
4,421.67

1.45%
(29,444.88)

NR / NR
AAA

2.90 2.68
3137BTUM1 FHLMC K061 A2

3.347% Due 11/25/2026
900,000.00 09/22/2022

4.37%
867,691.41
867,691.41

94.35 5.39%
849,162.60
2,510.25

0.66%
(18,528.81)

NR / NR
AAA

3.16 2.76
3137BVZ82 FHLMC K063

3.43% Due 1/25/2027
862,000.00 Various

4.09%
839,600.51
839,600.51

94.62 5.26%
815,642.51
2,463.89

0.63%
(23,958.00)

NR / NR
AAA

3.32 2.93
3137F1G44 FHLMC K065 A2

3.243% Due 4/25/2027
1,000,000.00 09/19/2022

4.08%
965,468.75
965,468.75

93.83 5.18%
938,279.00
2,702.50

0.73%
(27,189.75)

NR / NR
AAA

3.57 3.20
3137FBU79 FHLMC K069 A2

3.187% Due 9/25/2027
1,250,000.00 05/18/2023

4.65%
1,200,732.43
1,200,732.43

92.91 5.22%
1,161,322.50
3,319.79

0.90%
(39,409.93)

NR / AAA
NR

3.99 3.53
3137F4X72 FHLMC K075 A2

3.65% Due 2/25/2028
1,165,000.00 09/14/2023

4.92%
1,107,478.13
1,107,478.13

94.02 5.18%
1,095,364.46
3,543.54

0.85%
(12,113.67)

NR / NR
AAA

4.41 3.93
Total CMO 8,400,000.00 4.26%
8,091,938.34
8,091,938.34 5.28%
7,895,585.36
22,333.04

6.13%
(196,352.98)

NR / AAA
AAA

3.29 2.93

CORPORATE
24422EVN6 John Deere Capital Corp Note

0.45% Due 1/17/2024
865,000.00 03/01/2021

0.47%
864,385.85
864,385.85

98.47 5.67%
851,777.61
800.13

0.66%
(12,608.24)
A2 / A
A+

0.30 0.29
69371RR24 Paccar Financial Corp Note

0.35% Due 2/2/2024
795,000.00 01/28/2021

0.39%
794,077.80
794,077.80

98.21 5.74%
780,744.86
456.02

0.61%
(13,332.94)
A1 / A+
NR

0.34 0.33
594918BX1 Microsoft Callable Note Cont 12/6/2023

2.875% Due 2/6/2024
1,850,000.00 07/18/2019

2.07%
1,914,361.50
1,914,361.50

99.05 5.61%
1,832,449.05
8,125.87

1.43%
(81,912.45)
Aaa / AAA
NR

0.35 0.34
166764BT6 Chevron Corp Callable Note Cont
1/3/2024

2.895% Due 3/3/2024
900,000.00 11/04/2019

1.94%
935,334.00
935,334.00

98.85 5.65%
889,654.50
2,026.50

0.69%
(45,679.50)
Aa2 / AA-
NR

0.42 0.42
808513BN4 Charles Schwab Corp Callable Note
Cont 2/18/2024

0.75% Due 3/18/2024
575,000.00 03/16/2021

0.77%
574,712.50
574,712.50

97.61 6.02%
561,244.28
155.73

0.43%
(13,468.22)
A2 / A-
A

0.47 0.45
023135BW5 Amazon.com Inc Note

0.45% Due 5/12/2024
805,000.00 05/10/2021

0.50%
803,824.70
803,824.70

96.90 5.63%
780,055.47
1,398.69

0.61%
(23,769.23)
A1 / AA
AA-

0.62 0.60
91324PEB4 United Health Group Inc Callable Note
Cont 5/15/2022

0.55% Due 5/15/2024
425,000.00 11/08/2021

0.78%
422,560.50
422,560.50

96.85 5.75%
411,609.53
883.06

0.32%
(10,950.97)
A2 / A+
A

0.62 0.61
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 7 196 Holdings Report
As of September 30, 2023
City of Murrieta
Account
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

CORPORATE
24422EVQ9 John Deere Capital Corp Note

0.45% Due 6/7/2024
760,000.00 06/07/2021

0.49%
759,050.00
759,050.00

96.69 5.43%
734,847.80
1,083.00

0.57%
(24,202.20)
A2 / A
A+

0.69 0.67
06051GJY6 Bank of America Corp Callable Note
Cont 6/14/2023

5.71% Due 6/14/2024
960,000.00 06/07/2021

2.21%
960,064.00
960,064.00

99.84 5.98%
958,496.64
2,588.54

0.74%
(1,567.36)
A1 / A-
AA-

0.71 0.20
89236TJH9 Toyota Motor Credit Corp Note

0.5% Due 6/18/2024
1,140,000.00 06/15/2021

0.54%
1,138,643.40
1,138,643.40

96.42 5.67%
1,099,185.72
1,630.83

0.85%
(39,457.68)
A1 / A+
A+

0.72 0.70
79466LAG9 Salesforce.com Inc Callable Note Cont
7/15/2022

0.625% Due 7/15/2024
200,000.00 06/29/2021

0.64%
199,898.00
199,898.00

96.11 5.72%
192,222.60
263.89

0.15%
(7,675.40)
A2 / A+
NR

0.79 0.77
91159HHX1 US Bancorp Callable Note Cont
6/28/2024

2.4% Due 7/30/2024
1,000,000.00 11/09/2021

0.85%
1,041,550.00
1,041,550.00

97.14 5.97%
971,354.00
4,066.67

0.76%
(70,196.00)
A3 / A
A

0.83 0.80
69371RR40 Paccar Financial Corp Note

0.5% Due 8/9/2024
245,000.00 08/03/2021

0.52%
244,867.70
244,867.70

95.71 5.69%
234,483.38
176.94

0.18%
(10,384.32)
A1 / A+
NR

0.86 0.83
78016EYM3 Royal Bank of Canada Note

1.6% Due 1/21/2025
1,000,000.00 01/12/2022

1.60%
1,000,000.00
1,000,000.00

94.67 5.89%
946,678.00
3,111.11

0.74%
(53,322.00)
A1 / A
AA-

1.31 1.26
06406RBC0 Bank of NY Mellon Corp Callable Note
Cont 3/25/2025

3.35% Due 4/25/2025
900,000.00 04/19/2022

3.35%
899,874.00
899,874.00

96.42 5.77%
867,793.50
13,065.00

0.68%
(32,080.50)
A1 / A
AA-

1.57 1.48
14913R2V8 Caterpillar Financial Service Note

3.4% Due 5/13/2025
480,000.00 05/10/2022

3.44%
479,390.40
479,390.40

96.69 5.56%
464,096.64
6,256.00

0.36%
(15,293.76)
A2 / A
A+

1.62 1.53
438516CB0 Honeywell Intl Callable Note Cont
5/1/2025

1.35% Due 6/1/2025
1,000,000.00 03/09/2022

2.31%
970,280.00
970,280.00

93.59 5.41%
935,923.00
4,500.00

0.73%
(34,357.00)
A2 / A
A

1.67 1.61
89115A2A9 Toronto-Dominion Bank Note

3.766% Due 6/6/2025
1,000,000.00 06/02/2022

3.70%
1,001,830.00
1,001,830.00

96.72 5.84%
967,189.00
12,030.28

0.76%
(34,641.00)
A1 / A
NR

1.68 1.58
63743HFE7 National Rural Utilities Note

3.45% Due 6/15/2025
1,105,000.00 Various

3.61%
1,099,973.65
1,099,973.65

96.22 5.80%
1,063,211.11
11,224.96

0.83%
(36,762.54)
A2 / A-
A

1.71 1.61
14913R2Z9 Caterpillar Financial Service Note

3.65% Due 8/12/2025
1,375,000.00 08/08/2022

3.69%
1,373,336.25
1,373,336.25

96.86 5.44%
1,331,807.13
6,831.08

1.04%
(41,529.12)
A2 / A
A+

1.87 1.76
26442UAA2 Duke Energy Progress LLC Callable Note
Cont 5/15/25

3.25% Due 8/15/2025
1,000,000.00 06/23/2022

3.57%
990,710.00
990,710.00

96.04 5.50%
960,388.00
4,152.78

0.75%
(30,322.00)
Aa3 / A
NR

1.88 1.78
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 8 197 Holdings Report
As of September 30, 2023
City of Murrieta
Account
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

CORPORATE
437076CR1 Home Depot Callable Note Cont
8/15/2025
4% Due 9/15/2025
1,000,000.00 09/14/2022

4.13%
996,380.00
996,380.00

97.58 5.31%
975,843.00
1,777.78

0.76%
(20,537.00)
A2 / A
A

1.96 1.85
023135CN4 Amazon.com Inc Note

4.6% Due 12/1/2025
425,000.00 11/29/2022

4.60%
424,974.50
424,974.50

98.72 5.23%
419,578.28
6,516.67

0.33%
(5,396.22)
A1 / AA
AA-

2.17 2.01
857477BR3 State Street Bank Callable Note Cont
2/6/2025

1.746% Due 2/6/2026
335,000.00 02/02/2022

3.04%
335,000.00
335,000.00

94.37 6.16%
316,123.42
893.61

0.25%
(18,876.58)
A1 / A
AA-

2.36 1.30
037833BY5 Apple Inc Callable Note Cont
11/23/2025

3.25% Due 2/23/2026
1,000,000.00 02/22/2023

4.72%
959,390.00
959,390.00

95.55 5.25%
955,545.00
3,430.56

0.74%
(3,845.00)
Aaa / AA+
NR

2.40 2.26
57629W6F2 Mass Mutual Global funding Note

4.5% Due 4/10/2026
750,000.00 04/04/2023

4.52%
749,482.50
749,482.50

97.64 5.51%
732,268.50
15,843.75

0.58%
(17,214.00)
Aa3 / AA+
AA+

2.53 2.30
00440EAV9 Chubb INA Holdings Inc Callable Note
Cont 2/3/2026

3.35% Due 5/3/2026
1,000,000.00 09/13/2023

5.23%
954,220.00
954,220.00

94.85 5.51%
948,506.00
13,772.22

0.75%
(5,714.00)
A3 / A
A

2.59 2.40
58989V2F0 Met Tower Global Funding Note

5.4% Due 6/20/2026
1,000,000.00 06/12/2023

5.38%
1,000,440.00
1,000,440.00

99.23 5.71%
992,303.00
15,150.00

0.78%
(8,137.00)
Aa3 / AA-
AA-

2.72 2.46
61747YET8 Morgan Stanley Callable Note Cont
7/17/2025

4.679% Due 7/17/2026
1,000,000.00 09/14/2022

5.44%
994,030.00
994,030.00

97.42 6.21%
974,171.00
9,617.94

0.76%
(19,859.00)
A1 / A-
A+

2.80 1.68
69371RS56 Paccar Financial Corp Note

5.05% Due 8/10/2026
450,000.00 08/03/2023

5.07%
449,775.00
449,775.00

99.52 5.23%
447,832.35
3,219.38

0.35%
(1,942.65)
A1 / A+
NR

2.86 2.61
06428CAA2 Bank Of America NA Callable Note cont
7/17/2026

5.526% Due 8/18/2026
1,000,000.00 09/13/2023

5.57%
998,810.00
998,810.00

99.51 5.71%
995,147.00
6,600.50

0.78%
(3,663.00)
Aa1 / A+
AA

2.88 2.61
665859AW4 Northern Trust Company Callable Note
Cont 4/10/2027
4% Due 5/10/2027
1,000,000.00 09/14/2022

4.23%
990,460.00
990,460.00

94.59 5.68%
945,929.00
15,666.67

0.74%
(44,531.00)
A2 / A+
A+

3.61 3.24
74456QBU9 Public Service El & Gas Callable Note
Cont 02/01/28

3.7% Due 5/1/2028
750,000.00 06/22/2023

4.79%
715,005.00
715,005.00

93.60 5.29%
702,028.50
11,562.50

0.55%
(12,976.50)
A1 / A
NR

4.59 4.07
341081GN1 Florida Power and Light Callable Note
Cont 3/15/2028

4.4% Due 5/15/2028
1,500,000.00 05/22/2023

4.64%
1,484,025.00
1,484,025.00

96.42 5.28%
1,446,373.50
24,383.33

1.14%
(37,651.50)
Aa2 / A+
AA-

4.63 4.05
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 9 198 Holdings Report
As of September 30, 2023
City of Murrieta
Account
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
Total Corporate 29,590,000.00 3.04%
29,520,716.25
29,520,716.25 5.63%
28,686,860.37
213,261.99

22.39%
(833,855.88)
A1 / A+
A+

1.80 1.60

MONEY MARKET FUND
31846V567 First American Govt Obligation MMKT
Class-Z
878,309.44 Various

5.21%
878,309.44
878,309.44

1.00 5.21%
878,309.44

0.00 0.68%

0.00 Aaa / AAA
AAA

0.00 0.00
Total Money Market Fund 878,309.44 5.21%
878,309.44
878,309.44 5.21%
878,309.44

0.00 0.68%

0.00 Aaa / AAA
AAA

0.00 0.00

SUPRANATIONAL
459058JM6 Intl. Bank Recon & Development Note

0.25% Due 11/24/2023
750,000.00 11/17/2020

0.32%
748,387.50
748,387.50

99.22 5.50%
744,136.50
661.46

0.58%
(4,251.00)
Aaa / AAA
AAA

0.15 0.15
4581X0DZ8 Inter-American Dev Bank Note

0.5% Due 9/23/2024
1,585,000.00 09/15/2021

0.52%
1,583,827.10
1,583,827.10

95.14 5.67%
1,507,940.47
176.11

1.17%
(75,886.63)
Aaa / AAA
NR

0.98 0.95
459058KT9 Intl. Bank Recon & Development Note

3.5% Due 7/12/2028
500,000.00 07/24/2023

4.26%
483,115.00
483,115.00

94.74 4.74%
473,708.50
3,840.28

0.37%
(9,406.50)
Aaa / AAA
NR

4.79 4.30
Total Supranational 2,835,000.00 1.11%
2,815,329.60
2,815,329.60 5.46%
2,725,785.47
4,677.85

2.12%
(89,544.13)
Aaa / AAA
AAA

1.42 1.32

US TREASURY
91282CBA8 US Treasury Note

0.125% Due 12/15/2023
2,000,000.00 01/06/2021

0.20%
1,995,781.25
1,995,781.25

98.95 5.22%
1,979,062.00
737.70

1.53%
(16,719.25)
Aaa / AA+
AA+

0.21 0.21
91282CBE0 US Treasury Note

0.125% Due 1/15/2024
2,000,000.00 01/12/2021

0.24%
1,992,890.63
1,992,890.63

98.50 5.35%
1,970,078.00
529.89

1.53%
(22,812.63)
Aaa / AA+
AA+

0.29 0.29
9128285Z9 US Treasury Note

2.5% Due 1/31/2024
2,000,000.00 09/13/2019

1.72%
2,065,631.70
2,065,631.70

99.03 5.44%
1,980,546.00
8,423.91

1.54%
(85,085.70)
Aaa / AA+
AA+

0.34 0.33
91282CBR1 US Treasury Note

0.25% Due 3/15/2024
2,000,000.00 06/28/2021

0.40%
1,991,875.00
1,991,875.00

97.72 5.34%
1,954,376.00
219.78

1.51%
(37,499.00)
Aaa / AA+
AA+

0.46 0.45
91282CBV2 US Treasury Note

0.375% Due 4/15/2024
1,100,000.00 04/28/2021

0.36%
1,100,644.53
1,100,644.53

97.32 5.48%
1,070,480.40
1,904.71

0.83%
(30,164.13)
Aaa / AA+
AA+

0.54 0.53
91282CCC3 US Treasury Note

0.25% Due 5/15/2024
1,000,000.00 05/12/2021

0.36%
996,875.00
996,875.00

96.81 5.51%
968,086.00
944.29

0.75%
(28,789.00)
Aaa / AA+
AA+

0.62 0.61
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 10 199 Holdings Report
As of September 30, 2023
City of Murrieta
Account
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

US TREASURY
91282CCT6 US Treasury Note

0.375% Due 8/15/2024
2,000,000.00 08/26/2021

0.46%
1,995,234.38
1,995,234.38

95.67 5.51%
1,913,438.00
957.88

1.48%
(81,796.38)
Aaa / AA+
AA+

0.88 0.85
91282CCX7 US Treasury Note

0.375% Due 9/15/2024
1,800,000.00 09/10/2021

0.44%
1,796,484.38
1,796,484.38

95.29 5.48%
1,715,274.00
296.70

1.33%
(81,210.38)
Aaa / AA+
AA+

0.96 0.93
912828YM6 US Treasury Note

1.5% Due 10/31/2024
1,700,000.00 09/24/2021

0.55%
1,749,273.44
1,749,273.44

95.91 5.44%
1,630,407.10
10,671.20

1.27%
(118,866.34)
Aaa / AA+
AA+

1.09 1.04
91282CDH1 US Treasury Note

0.75% Due 11/15/2024
2,000,000.00 11/29/2021

0.81%
1,996,328.13
1,996,328.13

94.98 5.40%
1,899,688.00
5,665.76

1.48%
(96,640.13)
Aaa / AA+
AA+

1.13 1.09
91282CDN8 US Treasury Note
1% Due 12/15/2024
900,000.00 12/29/2021

0.99%
900,386.72
900,386.72

94.96 5.37%
854,613.00
2,655.74

0.66%
(45,773.72)
Aaa / AA+
AA+

1.21 1.17
912828Z52 US Treasury Note

1.375% Due 1/31/2025
2,000,000.00 06/04/2021

0.51%
2,062,500.00
2,062,500.00

94.95 5.34%
1,899,062.00
4,633.15

1.47%
(163,438.00)
Aaa / AA+
AA+

1.34 1.29
912828ZC7 US Treasury Note

1.125% Due 2/28/2025
1,200,000.00 02/09/2022

1.59%
1,183,359.38
1,183,359.38

94.39 5.28%
1,132,687.20
1,149.73

0.88%
(50,672.18)
Aaa / AA+
AA+

1.42 1.37
912828ZF0 US Treasury Note

0.5% Due 3/31/2025
2,000,000.00 03/03/2021

0.54%
1,997,031.25
1,997,031.25

93.18 5.29%
1,863,672.00

27.32 1.44%
(133,359.25)
Aaa / AA+
AA+

1.50 1.46
912828ZL7 US Treasury Note

0.375% Due 4/30/2025
2,000,000.00 04/12/2021

0.66%
1,977,343.75
1,977,343.75

92.71 5.23%
1,854,140.00
3,138.59

1.44%
(123,203.75)
Aaa / AA+
AA+

1.58 1.54
912828ZT0 US Treasury Note

0.25% Due 5/31/2025
1,800,000.00 10/14/2021

0.78%
1,765,757.81
1,765,757.81

92.21 5.19%
1,659,796.20
1,512.30

1.29%
(105,961.61)
Aaa / AA+
AA+

1.67 1.62
91282CAB7 US Treasury Note

0.25% Due 7/31/2025
2,000,000.00 12/02/2021

1.06%
1,942,031.25
1,942,031.25

91.56 5.13%
1,831,250.00
842.39

1.42%
(110,781.25)
Aaa / AA+
AA+

1.84 1.78
91282CAJ0 US Treasury Note

0.25% Due 8/31/2025
1,000,000.00 03/22/2022

2.42%
928,828.13
928,828.13

91.25 5.10%
912,461.00
212.91

0.71%
(16,367.13)
Aaa / AA+
AA+

1.92 1.87
9128285C0 US Treasury Note
3% Due 9/30/2025
3,250,000.00 Various

2.90%
3,259,882.81
3,259,882.81

96.12 5.06%
3,123,935.75
266.39

2.42%
(135,947.06)
Aaa / AA+
AA+

2.00 1.91
9128285J5 US Treasury Note
3% Due 10/31/2025
2,500,000.00 06/23/2022

3.02%
2,498,632.81
2,498,632.81

96.02 5.03%
2,400,585.00
31,385.87

1.88%
(98,047.81)
Aaa / AA+
AA+

2.09 1.96
912828M56 US Treasury Note

2.25% Due 11/15/2025
2,500,000.00 06/23/2022

3.11%
2,431,152.34
2,431,152.34

94.48 5.02%
2,362,110.00
21,246.60

1.85%
(69,042.34)
Aaa / AA+
AA+

2.13 2.02
9128285T3 US Treasury Note

2.625% Due 12/31/2025
2,500,000.00 09/14/2022

3.76%
2,412,792.97
2,412,792.97

95.05 4.98%
2,376,172.50
16,584.58

1.85%
(36,620.47)
Aaa / AA+
AA+

2.25 2.13
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 11 200 Holdings Report
As of September 30, 2023
City of Murrieta
Account
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

US TREASURY
9128286L9 US Treasury Note

2.25% Due 3/31/2026
2,500,000.00 09/14/2022

3.74%
2,377,832.03
2,377,832.03

93.84 4.90%
2,346,095.00
153.69

1.82%
(31,737.03)
Aaa / AA+
AA+

2.50 2.38
912828U24 US Treasury Note
2% Due 11/15/2026
3,000,000.00 09/13/2023

4.66%
2,767,031.25
2,767,031.25

91.98 4.79%
2,759,415.00
22,663.04

2.16%
(7,616.25)
Aaa / AA+
AA+

3.13 2.95
91282CEF4 US Treasury Note

2.5% Due 3/31/2027
2,500,000.00 11/17/2022

4.02%
2,349,414.06
2,349,414.06

92.89 4.73%
2,322,167.50
170.77

1.80%
(27,246.56)
Aaa / AA+
AA+

3.50 3.29
91282CEW7 US Treasury Note

3.25% Due 6/30/2027
1,300,000.00 12/12/2022

3.87%
1,266,687.50
1,266,687.50

95.01 4.72%
1,235,152.10
10,677.31

0.97%
(31,535.40)
Aaa / AA+
AA+

3.75 3.44
91282CFB2 US Treasury Note

2.75% Due 7/31/2027
2,000,000.00 07/26/2023

4.30%
1,887,109.38
1,887,109.38

93.15 4.72%
1,863,046.00
9,266.30

1.45%
(24,063.38)
Aaa / AA+
AA+

3.84 3.56
91282CFH9 US Treasury Note

3.125% Due 8/31/2027
2,500,000.00 01/24/2023

3.65%
2,445,117.19
2,445,117.19

94.38 4.71%
2,359,472.50
6,653.50

1.83%
(85,644.69)
Aaa / AA+
AA+

3.92 3.62
91282CFM8 US Treasury Note

4.125% Due 9/30/2027
1,600,000.00 02/22/2023

4.19%
1,595,500.00
1,595,500.00

97.92 4.70%
1,566,688.00
180.33

1.21%
(28,812.00)
Aaa / AA+
AA+

4.00 3.64
9128283F5 US Treasury Note

2.25% Due 11/15/2027
1,400,000.00 06/07/2023

4.05%
1,298,937.50
1,298,937.50

90.95 4.69%
1,273,234.20
11,898.10

1.00%
(25,703.30)
Aaa / AA+
AA+

4.13 3.83
Total US Treasury 58,050,000.00 2.12%
57,028,346.57
57,028,346.57 5.11%
55,077,190.45
175,670.43

42.80%
(1,951,156.12)
Aaa / AA+
AA+

1.94 1.83
TOTAL PORTFOLIO 133,624,652.59 2.63%
132,268,243.26
132,268,243.26 5.29%
128,500,324.77
595,529.94
100.00%
(3,767,918.49)
Aa1 / AA
AA+

2.01 1.76
TOTAL MARKET VALUE PLUS ACCRUED 129,095,854.71
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 12 201 Transaction Ledger
As of September 30, 2023
City of Murrieta
Account
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 09/01/2023 31846V567 3,490.33 First American Govt Obligation MMKT Class-Z

1.000 5.21% 3,490.33 0.00 3,490.33 0.00
Purchase 09/03/2023 31846V567 13,027.50 First American Govt Obligation MMKT Class-Z

1.000 5.21% 13,027.50 0.00 13,027.50 0.00
Purchase 09/12/2023 31846V567 14,375.00 First American Govt Obligation MMKT Class-Z

1.000 5.21% 14,375.00 0.00 14,375.00 0.00
Purchase 09/12/2023 31846V567 1,000,000.00 First American Govt Obligation MMKT Class-Z

1.000 5.21% 1,000,000.00 0.00 1,000,000.00 0.00
Purchase 09/14/2023 3130AWTQ3 3,000,000.00 FHLB Note

4.625% Due 9/11/2026

99.482 4.81% 2,984,460.00 15,416.67 2,999,876.67 0.00
Purchase 09/14/2023 31846V567 13,815.41 First American Govt Obligation MMKT Class-Z

1.000 5.21% 13,815.41 0.00 13,815.41 0.00
Purchase 09/14/2023 912828U24 3,000,000.00 US Treasury Note 2% Due 11/15/2026

92.234 4.66% 2,767,031.25 19,891.30 2,786,922.55 0.00
Purchase 09/15/2023 00440EAV9 1,000,000.00 Chubb INA Holdings Inc Callable Note Cont 2/3/2026

3.35% Due 5/3/2026

95.422 5.23% 954,220.00 12,283.33 966,503.33 0.00
Purchase 09/15/2023 06428CAA2 1,000,000.00 Bank Of America NA Callable Note cont 7/17/2026

5.526% Due 8/18/2026

99.881 5.57% 998,810.00 4,144.50 1,002,954.50 0.00
Purchase 09/15/2023 161571HT4 1,320,000.00 Chase Issuance Trust 23-A1 A

5.16% Due 9/15/2028

99.972 5.23% 1,319,634.10 0.00 1,319,634.10 0.00
Purchase 09/15/2023 3130AWTQ3 1,500,000.00 FHLB Note

4.625% Due 9/11/2026

99.438 4.82% 1,491,570.00 7,901.04 1,499,471.04 0.00
Purchase 09/15/2023 31846V567 45,875.00 First American Govt Obligation MMKT Class-Z

1.000 5.21% 45,875.00 0.00 45,875.00 0.00
Purchase 09/15/2023 31846V567 1,250,000.00 First American Govt Obligation MMKT Class-Z

1.000 5.21% 1,250,000.00 0.00 1,250,000.00 0.00
Purchase 09/15/2023 31846V567 22,044.46 First American Govt Obligation MMKT Class-Z

1.000 5.21% 22,044.46 0.00 22,044.46 0.00
Purchase 09/15/2023 31846V567 49,221.98 First American Govt Obligation MMKT Class-Z

1.000 5.21% 49,221.98 0.00 49,221.98 0.00
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 13 202 Transaction Ledger
As of September 30, 2023
City of Murrieta
Account
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 09/15/2023 31846V567 5,071.29 First American Govt Obligation MMKT Class-Z

1.000 5.21% 5,071.29 0.00 5,071.29 0.00
Purchase 09/15/2023 31846V567 792.67 First American Govt Obligation MMKT Class-Z

1.000 5.21% 792.67 0.00 792.67 0.00
Purchase 09/15/2023 31846V567 2,556.63 First American Govt Obligation MMKT Class-Z

1.000 5.21% 2,556.63 0.00 2,556.63 0.00
Purchase 09/15/2023 31846V567 16,076.33 First American Govt Obligation MMKT Class-Z

1.000 5.21% 16,076.33 0.00 16,076.33 0.00
Purchase 09/15/2023 31846V567 16,213.71 First American Govt Obligation MMKT Class-Z

1.000 5.21% 16,213.71 0.00 16,213.71 0.00
Purchase 09/15/2023 31846V567 47,125.02 First American Govt Obligation MMKT Class-Z

1.000 5.21% 47,125.02 0.00 47,125.02 0.00
Purchase 09/15/2023 31846V567 15,629.45 First American Govt Obligation MMKT Class-Z

1.000 5.21% 15,629.45 0.00 15,629.45 0.00
Purchase 09/15/2023 31846V567 16,060.88 First American Govt Obligation MMKT Class-Z

1.000 5.21% 16,060.88 0.00 16,060.88 0.00
Purchase 09/15/2023 31846V567 36,732.88 First American Govt Obligation MMKT Class-Z

1.000 5.21% 36,732.88 0.00 36,732.88 0.00
Purchase 09/18/2023 31846V567 2,156.25 First American Govt Obligation MMKT Class-Z

1.000 5.21% 2,156.25 0.00 2,156.25 0.00
Purchase 09/18/2023 31846V567 970.67 First American Govt Obligation MMKT Class-Z

1.000 5.21% 970.67 0.00 970.67 0.00
Purchase 09/18/2023 31846V567 1,134.54 First American Govt Obligation MMKT Class-Z

1.000 5.21% 1,134.54 0.00 1,134.54 0.00
Purchase 09/18/2023 31846V567 13,240.76 First American Govt Obligation MMKT Class-Z

1.000 5.21% 13,240.76 0.00 13,240.76 0.00
Purchase 09/18/2023 31846V567 2,190.48 First American Govt Obligation MMKT Class-Z

1.000 5.21% 2,190.48 0.00 2,190.48 0.00
Purchase 09/19/2023 3137F4X72 1,165,000.00 FHLMC K075 A2

3.65% Due 2/25/2028

95.063 4.92% 1,107,478.13 2,126.13 1,109,604.26 0.00
Purchase 09/20/2023 31846V567 1,286.50 First American Govt Obligation MMKT Class-Z

1.000 5.21% 1,286.50 0.00 1,286.50 0.00
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 14 203 Transaction Ledger
As of September 30, 2023
City of Murrieta
Account
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 09/20/2023 31846V567 1,422.71 First American Govt Obligation MMKT Class-Z

1.000 5.21% 1,422.71 0.00 1,422.71 0.00
Purchase 09/20/2023 31846V567 76,815.53 First American Govt Obligation MMKT Class-Z

1.000 5.21% 76,815.53 0.00 76,815.53 0.00
Purchase 09/21/2023 31846V567 10,283.91 First American Govt Obligation MMKT Class-Z

1.000 5.21% 10,283.91 0.00 10,283.91 0.00
Purchase 09/21/2023 31846V567 19,607.13 First American Govt Obligation MMKT Class-Z

1.000 5.21% 19,607.13 0.00 19,607.13 0.00
Purchase 09/23/2023 31846V567 3,962.50 First American Govt Obligation MMKT Class-Z

1.000 5.21% 3,962.50 0.00 3,962.50 0.00
Purchase 09/25/2023 31846V567 666.50 First American Govt Obligation MMKT Class-Z

1.000 5.21% 666.50 0.00 666.50 0.00
Purchase 09/25/2023 31846V567 2,510.25 First American Govt Obligation MMKT Class-Z

1.000 5.21% 2,510.25 0.00 2,510.25 0.00
Purchase 09/25/2023 31846V567 2,702.50 First American Govt Obligation MMKT Class-Z

1.000 5.21% 2,702.50 0.00 2,702.50 0.00
Purchase 09/25/2023 31846V567 3,319.79 First American Govt Obligation MMKT Class-Z

1.000 5.21% 3,319.79 0.00 3,319.79 0.00
Purchase 09/25/2023 31846V567 2,463.88 First American Govt Obligation MMKT Class-Z

1.000 5.21% 2,463.88 0.00 2,463.88 0.00
Purchase 09/25/2023 31846V567 4,421.67 First American Govt Obligation MMKT Class-Z

1.000 5.21% 4,421.67 0.00 4,421.67 0.00
Purchase 09/25/2023 31846V567 3,371.40 First American Govt Obligation MMKT Class-Z

1.000 5.21% 3,371.40 0.00 3,371.40 0.00
Purchase 09/25/2023 31846V567 936.25 First American Govt Obligation MMKT Class-Z

1.000 5.21% 936.25 0.00 936.25 0.00
Purchase 09/25/2023 31846V567 31,871.65 First American Govt Obligation MMKT Class-Z

1.000 5.21% 31,871.65 0.00 31,871.65 0.00
Purchase 09/25/2023 31846V567 28,241.31 First American Govt Obligation MMKT Class-Z

1.000 5.21% 28,241.31 0.00 28,241.31 0.00
Purchase 09/30/2023 31846V567 146,125.00 First American Govt Obligation MMKT Class-Z

1.000 5.21% 146,125.00 0.00 146,125.00 0.00
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 15 204 Transaction Ledger
As of September 30, 2023
City of Murrieta
Account
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss

ACQUISITIONS
Subtotal 14,912,809.72 14,551,013.20 61,762.97 14,612,776.17 0.00 Security
Contribution
09/13/2023 31846V567 9,000,000.00 First American Govt Obligation MMKT Class-Z

1.000 9,000,000.00 0.00 9,000,000.00 0.00
Subtotal 9,000,000.00 9,000,000.00 0.00 9,000,000.00 0.00 Short Sale 09/15/2023 31846V567 -1,319,634.10 First American Govt Obligation MMKT Class-Z

1.000 -1,319,634.10 0.00 -1,319,634.10 0.00
Subtotal -1,319,634.10 -1,319,634.10 0.00 -1,319,634.10 0.00 TOTAL ACQUISITIONS 22,593,175.62 22,231,379.10 61,762.97 22,293,142.07 0.00

DISPOSITIONS
Closing
Purchase
09/15/2023 31846V567 -1,319,634.10 First American Govt Obligation MMKT Class-Z

1.000 -1,319,634.10 0.00 -1,319,634.10 0.00
Subtotal -1,319,634.10 -1,319,634.10 0.00 -1,319,634.10 0.00 Sale 09/14/2023 31846V567 5,786,799.22 First American Govt Obligation MMKT Class-Z

1.000 5.21% 5,786,799.22 0.00 5,786,799.22 0.00
Sale 09/15/2023 31846V567 1,499,471.04 First American Govt Obligation MMKT Class-Z

1.000 5.21% 1,499,471.04 0.00 1,499,471.04 0.00
Sale 09/15/2023 31846V567 1,969,457.83 First American Govt Obligation MMKT Class-Z

1.000 5.21% 1,969,457.83 0.00 1,969,457.83 0.00
Sale 09/15/2023 31846V567 1,319,634.10 First American Govt Obligation MMKT Class-Z

1.000 5.21% 1,319,634.10 0.00 1,319,634.10 0.00
Sale 09/19/2023 31846V567 1,109,604.26 First American Govt Obligation MMKT Class-Z

1.000 5.21% 1,109,604.26 0.00 1,109,604.26 0.00
Subtotal 11,684,966.45 11,684,966.45 0.00 11,684,966.45 0.00 Paydown 09/15/2023 02582JJT8 0.00 American Express Credit Trust 2022-2 A

3.39% Due 5/17/2027
100.000 0.00 2,556.63 2,556.63 0.00
Paydown 09/15/2023 44933LAC7 21,978.34 Hyundai Auto Receivables Trust 2021-A A3

0.38% Due 9/15/2025
100.000 21,978.34 66.12 22,044.46 0.00
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 16 205 Transaction Ledger
As of September 30, 2023
City of Murrieta
Account
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss

DISPOSITIONS
Paydown 09/15/2023 44934KAC8 49,032.75 Hyundai Auto Receivables Trust 2021-B A3

0.38% Due 1/15/2026
100.000 49,032.75 189.23 49,221.98 0.00
Paydown 09/15/2023 47787JAC2 0.00 John Deere Owner Trust 2022-A A3

2.32% Due 9/16/2026
100.000 0.00 792.67 792.67 0.00
Paydown 09/15/2023 47787NAC3 5,066.74 John Deere Owner Trust 2020-B A3

0.51% Due 11/15/2024
100.000 5,066.74 4.55 5,071.29 0.00
Paydown 09/15/2023 47788UAC6 16,025.50 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
100.000 16,025.50 50.83 16,076.33 0.00
Paydown 09/15/2023 47789QAC4 16,073.97 John Deere Owner Trust 2021-B A3

0.52% Due 3/16/2026
100.000 16,073.97 139.74 16,213.71 0.00
Paydown 09/15/2023 58769KAD6 47,045.34 Mercedes-Benz Auto Lease Trust 2021- B A3

0.4% Due 11/15/2024
100.000 47,045.34 79.68 47,125.02 0.00
Paydown 09/15/2023 89236XAC0 15,614.59 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025
100.000 15,614.59 14.86 15,629.45 0.00
Paydown 09/15/2023 89237VAB5 16,051.98 Toyota Auto Receivables Trust 2020-C A3

0.44% Due 10/15/2024
100.000 16,051.98 8.90 16,060.88 0.00
Paydown 09/15/2023 89240BAC2 36,669.77 Toyota Auto Receivables Owners 2021- A A3

0.26% Due 5/15/2025
100.000 36,669.77 63.11 36,732.88 0.00
Paydown 09/18/2023 362554AC1 13,111.18 GM Financial Securitized Term 2021-4 A3

0.68% Due 9/16/2026
100.000 13,111.18 129.58 13,240.76 0.00
Paydown 09/18/2023 36265WAD5 0.00 GM Financial Securitized Auto 2022-3 A3

3.64% Due 4/16/2027
100.000 0.00 970.67 970.67 0.00
Paydown 09/18/2023 380146AC4 1,964.73 GM Financial Auto Receivables 2022-1 A3

1.26% Due 11/16/2026
100.000 1,964.73 225.75 2,190.48 0.00
Paydown 09/18/2023 43815PAC3 0.00 Honda Auto Receivables 2022-2 A3

3.73% Due 7/20/2026
100.000 0.00 1,134.54 1,134.54 0.00
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 17 206 Transaction Ledger
As of September 30, 2023
City of Murrieta
Account
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss

DISPOSITIONS
Paydown 09/20/2023 36262XAC8 76,717.06 GM Financial Auto Lease Trust 2021-3 A2

0.39% Due 10/21/2024
100.000 76,717.06 98.47 76,815.53 0.00
Paydown 09/20/2023 379929AD4 0.00 GM Financial Auto Leasing 2023-3 A3

5.38% Due 11/20/2026
100.000 0.00 1,422.71 1,422.71 0.00
Paydown 09/20/2023 92348KAV5 0.00 Verizon Master Trust 2022-5 A1A

3.72% Due 7/20/2027
100.000 0.00 1,286.50 1,286.50 0.00
Paydown 09/21/2023 43813GAC5 10,265.94 Honda Auto Receivables Trust 2021-1 A3

0.27% Due 4/21/2025
100.000 10,265.94 17.97 10,283.91 0.00
Paydown 09/21/2023 43815GAC3 19,385.49 Honda Auto Receivables Trust 2021-4 A3

0.88% Due 1/21/2026
100.000 19,385.49 221.64 19,607.13 0.00
Paydown 09/25/2023 05593AAC3 0.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025
100.000 0.00 666.50 666.50 0.00
Paydown 09/25/2023 05601XAC3 31,681.97 BMW Vehicle Lease Trust 2022-1 A3

1.1% Due 3/25/2025
100.000 31,681.97 189.68 31,871.65 0.00
Paydown 09/25/2023 05602RAD3 0.00 BMW Vehicle Owner Trust 2022-A A3

3.21% Due 8/25/2026
100.000 0.00 936.25 936.25 0.00
Paydown 09/25/2023 09690AAC7 28,217.63 BMW Vehicle Lease Trust 2021-2 A3

0.33% Due 12/26/2024
100.000 28,217.63 23.68 28,241.31 0.00
Paydown 09/25/2023 3137BM7C4 0.00 FHLMC K051 A2

3.308% Due 9/25/2025
100.000 0.00 3,371.40 3,371.40 0.00
Paydown 09/25/2023 3137BSP72 0.00 FHLMC K058 A2

2.653% Due 8/25/2026
100.000 0.00 4,421.67 4,421.67 0.00
Paydown 09/25/2023 3137BTUM1 0.00 FHLMC K061 A2

3.347% Due 11/25/2026
100.000 0.00 2,510.25 2,510.25 0.00
Paydown 09/25/2023 3137BVZ82 0.00 FHLMC K063

3.43% Due 1/25/2027
100.000 0.00 2,463.88 2,463.88 0.00
Paydown 09/25/2023 3137F1G44 0.00 FHLMC K065 A2

3.243% Due 4/25/2027
100.000 0.00 2,702.50 2,702.50 0.00
Paydown 09/25/2023 3137FBU79 0.00 FHLMC K069 A2

3.187% Due 9/25/2027
100.000 0.00 3,319.79 3,319.79 0.00
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 18 207 Transaction Ledger
As of September 30, 2023
City of Murrieta
Account
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss

DISPOSITIONS
Subtotal 404,902.98 404,902.98 30,079.75 434,982.73 0.00 Maturity 09/12/2023 3135G0U43 1,000,000.00 FNMA Note

2.875% Due 9/12/2023
100.000 1,000,000.00 0.00 1,000,000.00 -40,880.00
Maturity 09/15/2023 717081EN9 1,250,000.00 Pfizer Inc. Callable Note Cont 8/15/2023

3.2% Due 9/15/2023
100.000 1,250,000.00 0.00 1,250,000.00 -48,250.00
Subtotal 2,250,000.00 2,250,000.00 0.00 2,250,000.00 -89,130.00 Security
Withdrawal
09/26/2023 31846V567 354.00 First American Govt Obligation MMKT Class-Z

1.000 354.00 0.00 354.00 0.00
Subtotal 354.00 354.00 0.00 354.00 0.00
TOTAL DISPOSITIONS 13,020,589.33 13,020,589.33 30,079.75 13,050,669.08 -89,130.00

OTHER TRANSACTIONS
Interest 09/03/2023 166764BT6 900,000.00 Chevron Corp Callable Note Cont 1/3/2024

2.895% Due 3/3/2024

0.000 13,027.50 0.00 13,027.50 0.00
Interest 09/12/2023 3135G0U43 1,000,000.00 FNMA Note

2.875% Due 9/12/2023

0.000 14,375.00 0.00 14,375.00 0.00
Interest 09/14/2023 06051GJY6 960,000.00 Bank of America Corp Callable Note Cont 6/14/2023

5.71% Due 6/14/2024

0.000 13,815.41 0.00 13,815.41 0.00
Interest 09/15/2023 437076CR1 1,000,000.00 Home Depot Callable Note Cont 8/15/2025
4% Due 9/15/2025

0.000 20,000.00 0.00 20,000.00 0.00
Interest 09/15/2023 717081EN9 1,250,000.00 Pfizer Inc. Callable Note Cont 8/15/2023

3.2% Due 9/15/2023

0.000 20,000.00 0.00 20,000.00 0.00
Interest 09/15/2023 91282CBR1 2,000,000.00 US Treasury Note

0.25% Due 3/15/2024

0.000 2,500.00 0.00 2,500.00 0.00
Interest 09/15/2023 91282CCX7 1,800,000.00 US Treasury Note

0.375% Due 9/15/2024

0.000 3,375.00 0.00 3,375.00 0.00
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 19 208 Transaction Ledger
As of September 30, 2023
City of Murrieta
Account
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss

OTHER TRANSACTIONS
Interest 09/18/2023 808513BN4 575,000.00 Charles Schwab Corp Callable Note Cont 2/18/2024

0.75% Due 3/18/2024

0.000 2,156.25 0.00 2,156.25 0.00
Interest 09/23/2023 4581X0DZ8 1,585,000.00 Inter-American Dev Bank Note

0.5% Due 9/23/2024

0.000 3,962.50 0.00 3,962.50 0.00
Interest 09/30/2023 9128285C0 3,250,000.00 US Treasury Note 3% Due 9/30/2025

0.000 48,750.00 0.00 48,750.00 0.00
Interest 09/30/2023 9128286L9 2,500,000.00 US Treasury Note

2.25% Due 3/31/2026

0.000 28,125.00 0.00 28,125.00 0.00
Interest 09/30/2023 912828ZF0 2,000,000.00 US Treasury Note

0.5% Due 3/31/2025

0.000 5,000.00 0.00 5,000.00 0.00
Interest 09/30/2023 91282CEF4 2,500,000.00 US Treasury Note

2.5% Due 3/31/2027

0.000 31,250.00 0.00 31,250.00 0.00
Interest 09/30/2023 91282CFM8 1,600,000.00 US Treasury Note

4.125% Due 9/30/2027

0.000 33,000.00 0.00 33,000.00 0.00
Subtotal 22,920,000.00 239,336.66 0.00 239,336.66 0.00
Dividend 09/01/2023 31846V567 635,820.17 First American Govt Obligation MMKT Class-Z

0.000 3,246.63 0.00 3,246.63 0.00
Dividend 09/01/2023 60934N104 0.00 Federated Investors Government Obligations Fund

0.000 243.70 0.00 243.70 0.00
Subtotal 635,820.17 3,490.33 0.00 3,490.33 0.00
TOTAL OTHER TRANSACTIONS 23,555,820.17 242,826.99 0.00 242,826.99 0.00 Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 20 209 Income Earned
As of September 30, 2023
City of Murrieta
Account
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income

FIXED INCOME
00440EAV9 Chubb INA Holdings Inc
Callable Note Cont 2/3/2026

3.35% Due 05/03/2026
09/13/2023
09/15/2023
1,000,000.00

0.00 954,220.00

0.00 954,220.00

0.00 (12,283.33)
13,772.22
1,488.89

0.00 0.00

0.00 1,488.89
1,488.89
023135BW5 Amazon.com Inc
Note

0.45% Due 05/12/2024
05/10/2021
05/12/2021
805,000.00
803,824.70

0.00 0.00
803,824.70
1,096.81

0.00 1,398.69
301.88

0.00 0.00

0.00 301.88
301.88
023135CN4 Amazon.com Inc
Note

4.6% Due 12/01/2025
11/29/2022
12/01/2022
425,000.00
424,974.50

0.00 0.00
424,974.50
4,887.50

0.00 6,516.67
1,629.17

0.00 0.00

0.00 1,629.17
1,629.17
02582JJT8 American Express Credit Trust
2022-2 A

3.39% Due 05/17/2027
05/17/2022
05/24/2022
905,000.00
904,799.81

0.00 0.00
904,799.81
1,363.53
2,556.63
1,363.53
2,556.63

0.00 0.00

0.00 2,556.63
2,556.63
037833BY5 Apple Inc
Callable Note Cont 11/23/2025

3.25% Due 02/23/2026
02/22/2023
02/28/2023
1,000,000.00
959,390.00

0.00 0.00
959,390.00
722.22

0.00 3,430.56
2,708.34

0.00 0.00

0.00 2,708.34
2,708.34
05593AAC3 BMW Vehicle Lease Trust
2023-1 A3

5.16% Due 11/25/2025
02/07/2023
02/15/2023
155,000.00
154,996.31

0.00 0.00
154,996.31
133.30
666.50
133.30
666.50

0.00 0.00

0.00 666.50
666.50
05601XAC3 BMW Vehicle Lease Trust
2022-1 A3

1.1% Due 03/25/2025
01/11/2022
01/19/2022
175,242.64
206,893.67

0.00 31,681.97
175,216.44

37.94 189.68

32.13 183.87

4.74 0.00

4.74 188.61
188.61
05602RAD3 BMW Vehicle Owner Trust
2022-A A3

3.21% Due 08/25/2026
05/10/2022
05/18/2022
350,000.00
349,981.80

0.00 0.00
349,981.80
187.25
936.25
187.25
936.25

0.00 0.00

0.00 936.25
936.25
06051GJY6 Bank of America Corp
Callable Note Cont 6/14/2023

5.71% Due 06/14/2024
06/07/2021
06/14/2021
960,000.00
960,064.00

0.00 0.00
960,064.00
11,523.46
13,815.41
2,588.54
4,880.49

0.00 0.00

0.00 4,880.49
4,880.49
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 21 210 Income Earned
As of September 30, 2023
City of Murrieta
Account
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
06406RBC0 Bank of NY Mellon Corp
Callable Note Cont 3/25/2025

3.35% Due 04/25/2025
04/19/2022
04/26/2022
900,000.00
899,874.00

0.00 0.00
899,874.00
10,552.50

0.00 13,065.00
2,512.50

0.00 0.00

0.00 2,512.50
2,512.50
06428CAA2 Bank Of America NA
Callable Note cont 7/17/2026

5.526% Due 08/18/2026
09/13/2023
09/15/2023
1,000,000.00

0.00 998,810.00

0.00 998,810.00

0.00 (4,144.50)
6,600.50
2,456.00

0.00 0.00

0.00 2,456.00
2,456.00
09690AAC7 BMW Vehicle Lease Trust
2021-2 A3

0.33% Due 12/26/2024
09/08/2021
09/15/2021
57,878.71
86,087.45

0.00 28,217.63
57,872.73

4.74 23.68

3.18 22.12

2.91 0.00

2.91 25.03

25.03 14913R2V8 Caterpillar Financial Service
Note

3.4% Due 05/13/2025
05/10/2022
05/13/2022
480,000.00
479,390.40

0.00 0.00
479,390.40
4,896.00

0.00 6,256.00
1,360.00

0.00 0.00

0.00 1,360.00
1,360.00
14913R2Z9 Caterpillar Financial Service
Note

3.65% Due 08/12/2025
08/08/2022
08/12/2022
1,375,000.00
1,373,336.25

0.00 0.00
1,373,336.25
2,648.78

0.00 6,831.08
4,182.30

0.00 0.00

0.00 4,182.30
4,182.30
161571HT4 Chase Issuance Trust
23-A1 A

5.16% Due 09/15/2028
09/07/2023
09/15/2023
1,320,000.00

0.00 1,319,634.10

0.00 1,319,634.10

0.00 0.00
3,027.20
3,027.20

0.00 0.00

0.00 3,027.20
3,027.20
166764BT6 Chevron Corp
Callable Note Cont 1/3/2024

2.895% Due 03/03/2024
11/04/2019
11/04/2019
900,000.00
935,334.00

0.00 0.00
935,334.00
12,882.75
13,027.50
2,026.50
2,171.25

0.00 0.00

0.00 2,171.25
2,171.25
24422EVN6 John Deere Capital Corp
Note

0.45% Due 01/17/2024
03/01/2021
03/04/2021
865,000.00
864,385.85

0.00 0.00
864,385.85
475.75

0.00 800.13
324.38

0.00 0.00

0.00 324.38
324.38
24422EVQ9 John Deere Capital Corp
Note

0.45% Due 06/07/2024
06/07/2021
06/10/2021
760,000.00
759,050.00

0.00 0.00
759,050.00
798.00

0.00 1,083.00
285.00

0.00 0.00

0.00 285.00
285.00
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 22 211 Income Earned
As of September 30, 2023
City of Murrieta
Account
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
26442UAA2 Duke Energy Progress LLC
Callable Note Cont 5/15/25

3.25% Due 08/15/2025
06/23/2022
06/27/2022
1,000,000.00
990,710.00

0.00 0.00
990,710.00
1,444.44

0.00 4,152.78
2,708.34

0.00 0.00

0.00 2,708.34
2,708.34
3130A1XJ2 FHLB
Note

2.875% Due 06/14/2024
09/13/2019
09/13/2019
2,000,000.00
2,101,140.00

0.00 0.00
2,101,140.00
12,298.61

0.00 17,090.28
4,791.67

0.00 0.00

0.00 4,791.67
4,791.67
3130AQF40 FHLB
Note
1% Due 12/20/2024
12/21/2021
12/22/2021
1,400,000.00
1,398,768.00

0.00 0.00
1,398,768.00
2,761.11

0.00 3,927.78
1,166.67

0.00 0.00

0.00 1,166.67
1,166.67
3130AVVX7 FHLB
Note

3.75% Due 06/09/2028
06/07/2023
06/09/2023
1,120,000.00
1,107,243.20

0.00 0.00
1,107,243.20
13,766.67

0.00 17,266.67
3,500.00

0.00 0.00

0.00 3,500.00
3,500.00
3130AWC24 FHLB
Note
4% Due 06/09/2028
07/06/2023
07/10/2023
2,000,000.00
1,956,940.00

0.00 0.00
1,956,940.00
20,000.00

0.00 26,666.67
6,666.67

0.00 0.00

0.00 6,666.67
6,666.67
3130AWLZ1 FHLB
Note

4.75% Due 06/12/2026
08/16/2023
08/17/2023
2,000,000.00
1,998,620.00

0.00 0.00
1,998,620.00
13,458.33

0.00 21,375.00
7,916.67

0.00 0.00

0.00 7,916.67
7,916.67
3130AWTQ3 FHLB
Note

4.625% Due 09/11/2026
Various
Various
4,500,000.00

0.00 4,476,030.00

0.00 4,476,030.00

0.00 (23,317.71)
32,953.13
9,635.42

0.00 0.00

0.00 9,635.42
9,635.42
3133EHN25 FFCB
Note

2.2% Due 11/01/2023
06/20/2019
06/20/2019
2,000,000.00
2,031,280.00

0.00 0.00
2,031,280.00
14,666.67

0.00 18,333.33
3,666.66

0.00 0.00

0.00 3,666.66
3,666.66
3133EKMX1 FFCB
Note

2.23% Due 02/23/2024
07/16/2019
07/16/2019
2,000,000.00
2,022,820.00

0.00 0.00
2,022,820.00
991.11

0.00 4,707.78
3,716.67

0.00 0.00

0.00 3,716.67
3,716.67
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 23 212 Income Earned
As of September 30, 2023
City of Murrieta
Account
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
3133ENKS8 FFCB
Note

1.125% Due 01/06/2025
01/06/2022
01/11/2022
755,000.00
753,301.25

0.00 0.00
753,301.25
1,297.66

0.00 2,005.47
707.81

0.00 0.00

0.00 707.81
707.81
3133ENPG9 FFCB
Note

1.75% Due 02/14/2025
02/25/2022
02/28/2022
1,200,000.00
1,197,456.00

0.00 0.00
1,197,456.00
991.67

0.00 2,741.67
1,750.00

0.00 0.00

0.00 1,750.00
1,750.00
3133EPSW6 FFCB
Note

4.5% Due 08/14/2026
08/09/2023
08/14/2023
2,405,000.00
2,399,468.50

0.00 0.00
2,399,468.50
5,110.63

0.00 14,129.38
9,018.75

0.00 0.00

0.00 9,018.75
9,018.75
3135G0U43 FNMA
Note
Due 09/12/2023
06/26/2019
06/26/2019

0.00 1,040,880.00

0.00 1,040,880.00

0.00 13,496.53
14,375.00

0.00 878.47

0.00 0.00

0.00 878.47
878.47
3135G0V75 FNMA
Note

1.75% Due 07/02/2024
10/21/2019
10/21/2019
2,000,000.00
2,007,660.00

0.00 0.00
2,007,660.00
5,736.11

0.00 8,652.78
2,916.67

0.00 0.00

0.00 2,916.67
2,916.67
3137BM7C4 FHLMC
K051 A2

3.308% Due 09/25/2025
06/23/2022
06/28/2022
1,223,000.00
1,220,420.23

0.00 0.00
1,220,420.23
3,371.40
3,371.40
3,371.40
3,371.40

0.00 0.00

0.00 3,371.40
3,371.40
3137BSP72 FHLMC
K058 A2

2.653% Due 08/25/2026
02/09/2023
02/14/2023
2,000,000.00
1,890,546.88

0.00 0.00
1,890,546.88
4,421.67
4,421.67
4,421.67
4,421.67

0.00 0.00

0.00 4,421.67
4,421.67
3137BTUM1 FHLMC
K061 A2

3.347% Due 11/25/2026
09/22/2022
09/27/2022
900,000.00
867,691.41

0.00 0.00
867,691.41
2,510.25
2,510.25
2,510.25
2,510.25

0.00 0.00

0.00 2,510.25
2,510.25
3137BVZ82 FHLMC
K063

3.43% Due 01/25/2027
Various
Various
862,000.00
839,600.51

0.00 0.00
839,600.51
2,463.89
2,463.88
2,463.89
2,463.88

0.00 0.00

0.00 2,463.88
2,463.88
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 24 213 Income Earned
As of September 30, 2023
City of Murrieta
Account
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
3137EAEY1 FHLMC
Note

0.125% Due 10/16/2023
10/14/2020
10/16/2020
1,575,000.00
1,569,125.25

0.00 0.00
1,569,125.25
738.28

0.00 902.34
164.06

0.00 0.00

0.00 164.06
164.06
3137EAFA2 FHLMC
Note

0.25% Due 12/04/2023
12/02/2020
12/04/2020
1,465,000.00
1,463,549.65

0.00 0.00
1,463,549.65
885.10

0.00 1,190.31
305.21

0.00 0.00

0.00 305.21
305.21
3137F1G44 FHLMC
K065 A2

3.243% Due 04/25/2027
09/19/2022
09/22/2022
1,000,000.00
965,468.75

0.00 0.00
965,468.75
2,702.50
2,702.50
2,702.50
2,702.50

0.00 0.00

0.00 2,702.50
2,702.50
3137F4X72 FHLMC
K075 A2

3.65% Due 02/25/2028
09/14/2023
09/19/2023
1,165,000.00

0.00 1,107,478.13

0.00 1,107,478.13

0.00 (2,126.13)
3,543.54
1,417.41

0.00 0.00

0.00 1,417.41
1,417.41
3137FBU79 FHLMC
K069 A2

3.187% Due 09/25/2027
05/18/2023
05/23/2023
1,250,000.00
1,200,732.43

0.00 0.00
1,200,732.43
3,319.79
3,319.79
3,319.79
3,319.79

0.00 0.00

0.00 3,319.79
3,319.79
341081GN1 Florida Power and Light
Callable Note Cont 3/15/2028

4.4% Due 05/15/2028
05/22/2023
05/24/2023
1,500,000.00
1,484,025.00

0.00 0.00
1,484,025.00
18,883.33

0.00 24,383.33
5,500.00

0.00 0.00

0.00 5,500.00
5,500.00
362554AC1 GM Financial Securitized Term
2021-4 A3

0.68% Due 09/16/2026
10/13/2021
10/21/2021
215,563.72
228,669.08

0.00 13,111.18
215,558.23

64.79 129.58

61.08 125.87

0.33 0.00

0.33 126.20
126.20
36262XAC8 GM Financial Auto Lease Trust
2021-3 A2

0.39% Due 10/21/2024
08/10/2021
08/18/2021
226,276.21
302,989.15

0.00 76,717.06
226,273.13

36.11 98.47

26.96 89.32

1.04 0.00

1.04 90.36

90.36 36265WAD5 GM Financial Securitized Auto
2022-3 A3

3.64% Due 04/16/2027
07/06/2022
07/13/2022
320,000.00
319,997.79

0.00 0.00
319,997.79
485.33
970.67
485.33
970.67

0.00 0.00

0.00 970.67
970.67
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 25 214 Income Earned
As of September 30, 2023
City of Murrieta
Account
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
379929AD4 GM Financial Auto Leasing
2023-3 A3

5.38% Due 11/20/2026
08/08/2023
08/16/2023
280,000.00
279,966.43

0.00 0.00
279,966.43
627.67
1,422.71
460.29
1,255.33

0.00 0.00

0.00 1,255.33
1,255.33
380146AC4 GM Financial Auto Receivables
2022-1 A3

1.26% Due 11/16/2026
01/11/2022
01/19/2022
213,035.27
214,981.32

0.00 1,964.73
213,016.76
112.88
225.75
111.84
224.71

0.17 0.00

0.17 224.88
224.88
437076CR1 Home Depot
Callable Note Cont 8/15/2025
4% Due 09/15/2025
09/14/2022
09/19/2022
1,000,000.00
996,380.00

0.00 0.00
996,380.00
18,444.44
20,000.00
1,777.78
3,333.34

0.00 0.00

0.00 3,333.34
3,333.34
43813GAC5 Honda Auto Receivables Trust
2021-1 A3

0.27% Due 04/21/2025
02/17/2021
02/24/2021
69,580.04
79,844.52

0.00 10,265.94
69,578.77

5.99 17.97

5.22 17.20

0.19 0.00

0.19 17.39

17.39 43815GAC3 Honda Auto Receivables Trust
2021-4 A3

0.88% Due 01/21/2026
11/16/2021
11/24/2021
282,855.95
302,177.74

0.00 19,385.49
282,796.34

73.88 221.64

69.14 216.90

4.09 0.00

4.09 220.99
220.99
43815PAC3 Honda Auto Receivables
2022-2 A3

3.73% Due 07/20/2026
08/15/2022
08/24/2022
365,000.00
364,978.25

0.00 0.00
364,978.25
491.63
1,134.54
491.63
1,134.54

0.00 0.00

0.00 1,134.54
1,134.54
438516CB0 Honeywell Intl
Callable Note Cont 5/1/2025

1.35% Due 06/01/2025
03/09/2022
03/11/2022
1,000,000.00
970,280.00

0.00 0.00
970,280.00
3,375.00

0.00 4,500.00
1,125.00

0.00 0.00

0.00 1,125.00
1,125.00
44933LAC7 Hyundai Auto Receivables Trust
2021-A A3

0.38% Due 09/15/2025
04/20/2021
04/28/2021
186,811.76
208,768.13

0.00 21,978.34
186,792.10

35.26 66.12

31.55 62.41

2.31 0.00

2.31 64.72

64.72 44934KAC8 Hyundai Auto Receivables Trust
2021-B A3

0.38% Due 01/15/2026
07/20/2021
07/28/2021
548,530.17
597,431.04

0.00 49,032.75
548,409.11
100.92
189.23

92.64 180.95

10.82 0.00

10.82 191.77
191.77
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 26 215 Income Earned
As of September 30, 2023
City of Murrieta
Account
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
4581X0DZ8 Inter-American Dev Bank
Note

0.5% Due 09/23/2024
09/15/2021
09/23/2021
1,585,000.00
1,583,827.10

0.00 0.00
1,583,827.10
3,478.19
3,962.50
176.11
660.42

0.00 0.00

0.00 660.42
660.42
459058JM6 Intl. Bank Recon & Development
Note

0.25% Due 11/24/2023
11/17/2020
11/24/2020
750,000.00
748,387.50

0.00 0.00
748,387.50
505.21

0.00 661.46
156.25

0.00 0.00

0.00 156.25
156.25
459058KT9 Intl. Bank Recon & Development
Note

3.5% Due 07/12/2028
07/24/2023
07/26/2023
500,000.00
483,115.00

0.00 0.00
483,115.00
2,381.94

0.00 3,840.28
1,458.34

0.00 0.00

0.00 1,458.34
1,458.34
47787JAC2 John Deere Owner Trust
2022-A A3

2.32% Due 09/16/2026
03/10/2022
03/16/2022
410,000.00
409,909.31

0.00 0.00
409,909.31
422.76
792.67
422.76
792.67

0.00 0.00

0.00 792.67
792.67
47787NAC3 John Deere Owner Trust
2020-B A3

0.51% Due 11/15/2024
07/14/2020
07/22/2020
5,633.08
10,698.19

0.00 5,066.74
5,632.22

2.43 4.55

1.28 3.40

0.77 0.00

0.77 4.17

4.17 47788UAC6 John Deere Owner Trust
2021-A A3

0.36% Due 09/15/2025
03/02/2021
03/10/2021
153,397.76
169,390.70

0.00 16,025.50
153,368.28

27.11 50.83

24.54 48.26

3.08 0.00

3.08 51.34

51.34 47789QAC4 John Deere Owner Trust
2021-B A3

0.52% Due 03/16/2026
07/13/2021
07/21/2021
306,399.94
322,445.15

0.00 16,073.97
306,372.61

74.53 139.74

70.81 136.02

1.43 0.00

1.43 137.45
137.45
57629W6F2 Mass Mutual Global funding
Note

4.5% Due 04/10/2026
04/04/2023
04/12/2023
750,000.00
749,482.50

0.00 0.00
749,482.50
13,031.25

0.00 15,843.75
2,812.50

0.00 0.00

0.00 2,812.50
2,812.50
58769KAD6 Mercedes-Benz Auto Lease Trust
2021-B A3

0.4% Due 11/15/2024
06/22/2021
06/29/2021
191,982.28
239,009.58

0.00 47,045.34
191,967.79

42.49 79.68

34.13 71.32

3.55 0.00

3.55 74.87

74.87 Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 27 216 Income Earned
As of September 30, 2023
City of Murrieta
Account
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
58989V2F0 Met Tower Global Funding
Note

5.4% Due 06/20/2026
06/12/2023
06/20/2023
1,000,000.00
1,000,440.00

0.00 0.00
1,000,440.00
10,650.00

0.00 15,150.00
4,500.00

0.00 0.00

0.00 4,500.00
4,500.00
594918BX1 Microsoft
Callable Note Cont 12/6/2023

2.875% Due 02/06/2024
07/18/2019
07/18/2019
1,850,000.00
1,914,361.50

0.00 0.00
1,914,361.50
3,693.58

0.00 8,125.87
4,432.29

0.00 0.00

0.00 4,432.29
4,432.29
61747YET8 Morgan Stanley
Callable Note Cont 7/17/2025

4.679% Due 07/17/2026
09/14/2022
09/16/2022
1,000,000.00
994,030.00

0.00 0.00
994,030.00
5,718.78

0.00 9,617.94
3,899.16

0.00 0.00

0.00 3,899.16
3,899.16
63743HFE7 National Rural Utilities
Note

3.45% Due 06/15/2025
Various
Various
1,105,000.00
1,099,973.65

0.00 0.00
1,099,973.65
8,048.09

0.00 11,224.96
3,176.87

0.00 0.00

0.00 3,176.87
3,176.87
665859AW4 Northern Trust Company
Callable Note Cont 4/10/2027
4% Due 05/10/2027
09/14/2022
09/16/2022
1,000,000.00
990,460.00

0.00 0.00
990,460.00
12,333.33

0.00 15,666.67
3,333.34

0.00 0.00

0.00 3,333.34
3,333.34
69371RR24 Paccar Financial Corp
Note

0.35% Due 02/02/2024
01/28/2021
02/02/2021
795,000.00
794,077.80

0.00 0.00
794,077.80
224.15

0.00 456.02
231.87

0.00 0.00

0.00 231.87
231.87
69371RR40 Paccar Financial Corp
Note

0.5% Due 08/09/2024
08/03/2021
08/09/2021
245,000.00
244,867.70

0.00 0.00
244,867.70

74.86 0.00
176.94
102.08

0.00 0.00

0.00 102.08
102.08
69371RS56 Paccar Financial Corp
Note

5.05% Due 08/10/2026
08/03/2023
08/10/2023
450,000.00
449,775.00

0.00 0.00
449,775.00
1,325.63

0.00 3,219.38
1,893.75

0.00 0.00

0.00 1,893.75
1,893.75
717081EN9 Pfizer Inc.

Callable Note Cont 8/15/2023
Due 09/15/2023
06/26/2019
06/26/2019

0.00 1,298,250.00

0.00 1,298,250.00

0.00 18,444.44
20,000.00

0.00 1,555.56

0.00 0.00

0.00 1,555.56
1,555.56
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 28 217 Income Earned
As of September 30, 2023
City of Murrieta
Account
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
74456QBU9 Public Service El & Gas
Callable Note Cont 02/01/28

3.7% Due 05/01/2028
06/22/2023
06/26/2023
750,000.00
715,005.00

0.00 0.00
715,005.00
9,250.00

0.00 11,562.50
2,312.50

0.00 0.00

0.00 2,312.50
2,312.50
78016EYM3 Royal Bank of Canada
Note

1.6% Due 01/21/2025
01/12/2022
01/21/2022
1,000,000.00
1,000,000.00

0.00 0.00
1,000,000.00
1,777.78

0.00 3,111.11
1,333.33

0.00 0.00

0.00 1,333.33
1,333.33
79466LAG9 Salesforce.com Inc
Callable Note Cont 7/15/2022

0.625% Due 07/15/2024
06/29/2021
07/12/2021
200,000.00
199,898.00

0.00 0.00
199,898.00
159.72

0.00 263.89
104.17

0.00 0.00

0.00 104.17
104.17
808513BN4 Charles Schwab Corp
Callable Note Cont 2/18/2024

0.75% Due 03/18/2024
03/16/2021
03/18/2021
575,000.00
574,712.50

0.00 0.00
574,712.50
1,952.60
2,156.25
155.73
359.38

0.00 0.00

0.00 359.38
359.38
857477BR3 State Street Bank
Callable Note Cont 2/6/2025

1.746% Due 02/06/2026
02/02/2022
02/07/2022
335,000.00
335,000.00

0.00 0.00
335,000.00
406.19

0.00 893.61
487.42

0.00 0.00

0.00 487.42
487.42
89115A2A9 Toronto-Dominion Bank
Note

3.766% Due 06/06/2025
06/02/2022
06/08/2022
1,000,000.00
1,001,830.00

0.00 0.00
1,001,830.00
8,891.94

0.00 12,030.28
3,138.34

0.00 0.00

0.00 3,138.34
3,138.34
89236TJH9 Toyota Motor Credit Corp
Note

0.5% Due 06/18/2024
06/15/2021
06/18/2021
1,140,000.00
1,138,643.40

0.00 0.00
1,138,643.40
1,155.83

0.00 1,630.83
475.00

0.00 0.00

0.00 475.00
475.00
89236XAC0 Toyota Auto Receivables
2020-D A3

0.35% Due 01/15/2025
10/06/2020
10/13/2020
35,341.61
50,946.71

0.00 15,614.59
35,335.03

7.93 14.86

5.50 12.43

2.91 0.00

2.91 15.34

15.34 89237VAB5 Toyota Auto Receivables Trust
2020-C A3

0.44% Due 10/15/2024
07/21/2020
07/27/2020
8,217.82
24,267.94

0.00 16,051.98
8,217.19

4.75 8.90

1.61 5.76

1.23 0.00

1.23 6.99

6.99 Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 29 218 Income Earned
As of September 30, 2023
City of Murrieta
Account
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
89240BAC2 Toyota Auto Receivables Owners
2021-A A3

0.26% Due 05/15/2025
02/02/2021
02/08/2021
254,596.19
291,211.90

0.00 36,669.77
254,548.94

33.66 63.11

29.42 58.87

6.81 0.00

6.81 65.68

65.68 91159HHX1 US Bancorp
Callable Note Cont 6/28/2024

2.4% Due 07/30/2024
11/09/2021
11/12/2021
1,000,000.00
1,041,550.00

0.00 0.00
1,041,550.00
2,066.67

0.00 4,066.67
2,000.00

0.00 0.00

0.00 2,000.00
2,000.00
9128283F5 US Treasury
Note

2.25% Due 11/15/2027
06/07/2023
06/09/2023
1,400,000.00
1,298,937.50

0.00 0.00
1,298,937.50
9,330.16

0.00 11,898.10
2,567.94

0.00 0.00

0.00 2,567.94
2,567.94
9128285C0 US Treasury
Note
3% Due 09/30/2025
Various
Various
3,250,000.00
3,259,882.81

0.00 0.00
3,259,882.81
41,024.59
48,750.00
266.39
7,991.80

0.00 0.00

0.00 7,991.80
7,991.80
9128285J5 US Treasury
Note
3% Due 10/31/2025
06/23/2022
06/24/2022
2,500,000.00
2,498,632.81

0.00 0.00
2,498,632.81
25,271.74

0.00 31,385.87
6,114.13

0.00 0.00

0.00 6,114.13
6,114.13
9128285T3 US Treasury
Note

2.625% Due 12/31/2025
09/14/2022
09/15/2022
2,500,000.00
2,412,792.97

0.00 0.00
2,412,792.97
11,234.71

0.00 16,584.58
5,349.87

0.00 0.00

0.00 5,349.87
5,349.87
9128285Z9 US Treasury
Note

2.5% Due 01/31/2024
09/13/2019
09/13/2019
2,000,000.00
2,065,631.70

0.00 0.00
2,065,631.70
4,347.83

0.00 8,423.91
4,076.08

0.00 0.00

0.00 4,076.08
4,076.08
9128286L9 US Treasury
Note

2.25% Due 03/31/2026
09/14/2022
09/15/2022
2,500,000.00
2,377,832.03

0.00 0.00
2,377,832.03
23,668.03
28,125.00
153.69
4,610.66

0.00 0.00

0.00 4,610.66
4,610.66
912828M56 US Treasury
Note

2.25% Due 11/15/2025
06/23/2022
06/24/2022
2,500,000.00
2,431,152.34

0.00 0.00
2,431,152.34
16,661.01

0.00 21,246.60
4,585.59

0.00 0.00

0.00 4,585.59
4,585.59
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 30 219 Income Earned
As of September 30, 2023
City of Murrieta
Account
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
912828U24 US Treasury
Note
2% Due 11/15/2026
09/13/2023
09/14/2023
3,000,000.00

0.00 2,767,031.25

0.00 2,767,031.25

0.00 (19,891.30)
22,663.04
2,771.74

0.00 0.00

0.00 2,771.74
2,771.74
912828YM6 US Treasury
Note

1.5% Due 10/31/2024
09/24/2021
09/27/2021
1,700,000.00
1,749,273.44

0.00 0.00
1,749,273.44
8,592.39

0.00 10,671.20
2,078.81

0.00 0.00

0.00 2,078.81
2,078.81
912828Z52 US Treasury
Note

1.375% Due 01/31/2025
06/04/2021
06/07/2021
2,000,000.00
2,062,500.00

0.00 0.00
2,062,500.00
2,391.30

0.00 4,633.15
2,241.85

0.00 0.00

0.00 2,241.85
2,241.85
912828ZC7 US Treasury
Note

1.125% Due 02/28/2025
02/09/2022
02/10/2022
1,200,000.00
1,183,359.38

0.00 0.00
1,183,359.38

37.09 0.00
1,149.73
1,112.64

0.00 0.00

0.00 1,112.64
1,112.64
912828ZF0 US Treasury
Note

0.5% Due 03/31/2025
03/03/2021
03/04/2021
2,000,000.00
1,997,031.25

0.00 0.00
1,997,031.25
4,207.65
5,000.00

27.32 819.67

0.00 0.00

0.00 819.67
819.67
912828ZL7 US Treasury
Note

0.375% Due 04/30/2025
04/12/2021
04/13/2021
2,000,000.00
1,977,343.75

0.00 0.00
1,977,343.75
2,527.17

0.00 3,138.59
611.42

0.00 0.00

0.00 611.42
611.42
912828ZT0 US Treasury
Note

0.25% Due 05/31/2025
10/14/2021
10/15/2021
1,800,000.00
1,765,757.81

0.00 0.00
1,765,757.81
1,143.44

0.00 1,512.30
368.86

0.00 0.00

0.00 368.86
368.86
91282CAB7 US Treasury
Note

0.25% Due 07/31/2025
12/02/2021
12/03/2021
2,000,000.00
1,942,031.25

0.00 0.00
1,942,031.25
434.78

0.00 842.39
407.61

0.00 0.00

0.00 407.61
407.61
91282CAJ0 US Treasury
Note

0.25% Due 08/31/2025
03/22/2022
03/23/2022
1,000,000.00
928,828.13

0.00 0.00
928,828.13

6.87 0.00
212.91
206.04

0.00 0.00

0.00 206.04
206.04
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 31 220 Income Earned
As of September 30, 2023
City of Murrieta
Account
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
91282CBA8 US Treasury
Note

0.125% Due 12/15/2023
01/06/2021
01/07/2021
2,000,000.00
1,995,781.25

0.00 0.00
1,995,781.25
532.79

0.00 737.70
204.91

0.00 0.00

0.00 204.91
204.91
91282CBE0 US Treasury
Note

0.125% Due 01/15/2024
01/12/2021
01/15/2021
2,000,000.00
1,992,890.63

0.00 0.00
1,992,890.63
326.09

0.00 529.89
203.80

0.00 0.00

0.00 203.80
203.80
91282CBR1 US Treasury
Note

0.25% Due 03/15/2024
06/28/2021
06/29/2021
2,000,000.00
1,991,875.00

0.00 0.00
1,991,875.00
2,309.78
2,500.00
219.78
410.00

0.00 0.00

0.00 410.00
410.00
91282CBV2 US Treasury
Note

0.375% Due 04/15/2024
04/28/2021
04/29/2021
1,100,000.00
1,100,644.53

0.00 0.00
1,100,644.53
1,566.60

0.00 1,904.71
338.11

0.00 0.00

0.00 338.11
338.11
91282CCC3 US Treasury
Note

0.25% Due 05/15/2024
05/12/2021
05/17/2021
1,000,000.00
996,875.00

0.00 0.00
996,875.00
740.49

0.00 944.29
203.80

0.00 0.00

0.00 203.80
203.80
91282CCT6 US Treasury
Note

0.375% Due 08/15/2024
08/26/2021
08/27/2021
2,000,000.00
1,995,234.38

0.00 0.00
1,995,234.38
346.47

0.00 957.88
611.41

0.00 0.00

0.00 611.41
611.41
91282CCX7 US Treasury
Note

0.375% Due 09/15/2024
09/10/2021
09/15/2021
1,800,000.00
1,796,484.38

0.00 0.00
1,796,484.38
3,118.21
3,375.00
296.70
553.49

0.00 0.00

0.00 553.49
553.49
91282CDH1 US Treasury
Note

0.75% Due 11/15/2024
11/29/2021
11/30/2021
2,000,000.00
1,996,328.13

0.00 0.00
1,996,328.13
4,442.93

0.00 5,665.76
1,222.83

0.00 0.00

0.00 1,222.83
1,222.83
91282CDN8 US Treasury
Note
1% Due 12/15/2024
12/29/2021
12/30/2021
900,000.00
900,386.72

0.00 0.00
900,386.72
1,918.03

0.00 2,655.74
737.71

0.00 0.00

0.00 737.71
737.71
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 32 221 Income Earned
As of September 30, 2023
City of Murrieta
Account
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
91282CEF4 US Treasury
Note

2.5% Due 03/31/2027
11/17/2022
11/18/2022
2,500,000.00
2,349,414.06

0.00 0.00
2,349,414.06
26,297.81
31,250.00
170.77
5,122.96

0.00 0.00

0.00 5,122.96
5,122.96
91282CEW7 US Treasury
Note

3.25% Due 06/30/2027
12/12/2022
12/13/2022
1,300,000.00
1,266,687.50

0.00 0.00
1,266,687.50
7,233.02

0.00 10,677.31
3,444.29

0.00 0.00

0.00 3,444.29
3,444.29
91282CFB2 US Treasury
Note

2.75% Due 07/31/2027
07/26/2023
07/27/2023
2,000,000.00
1,887,109.38

0.00 0.00
1,887,109.38
4,782.61

0.00 9,266.30
4,483.69

0.00 0.00

0.00 4,483.69
4,483.69
91282CFH9 US Treasury
Note

3.125% Due 08/31/2027
01/24/2023
01/25/2023
2,500,000.00
2,445,117.19

0.00 0.00
2,445,117.19
214.63

0.00 6,653.50
6,438.87

0.00 0.00

0.00 6,438.87
6,438.87
91282CFM8 US Treasury
Note

4.125% Due 09/30/2027
02/22/2023
02/28/2023
1,600,000.00
1,595,500.00

0.00 0.00
1,595,500.00
27,770.49
33,000.00
180.33
5,409.84

0.00 0.00

0.00 5,409.84
5,409.84
91324PEB4 United Health Group Inc
Callable Note Cont 5/15/2022

0.55% Due 05/15/2024
11/08/2021
11/10/2021
425,000.00
422,560.50

0.00 0.00
422,560.50
688.26

0.00 883.06
194.80

0.00 0.00

0.00 194.80
194.80
92348KAV5 Verizon Master Trust
2022-5 A1A

3.72% Due 07/20/2027
08/02/2022
08/11/2022
415,000.00
414,981.74

0.00 0.00
414,981.74
471.72
1,286.50
471.72
1,286.50

0.00 0.00

0.00 1,286.50
1,286.50
Total Fixed Income 132,746,343.15
122,510,716.94
11,623,203.48
2,744,032.98
131,389,933.82
561,204.71
207,653.44
595,529.94
241,978.67

46.38 0.00

46.38 242,025.05 242,025.05
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 33 222 Income Earned
As of September 30, 2023
City of Murrieta
Account
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income

CASH & EQUIVALENT
31846V567 First American
Govt Obligation MMKT Class-Z
Various
Various
878,309.44
635,820.17
10,608,175.62
10,365,686.35
878,309.44

0.00 3,246.63

0.00 3,246.63

0.00 0.00

0.00 3,246.63
3,246.63
60934N104 Federated Investors
Government Obligations Fund
01/03/2022
01/03/2022

0.00 0.00

0.00 0.00

0.00 0.00
243.70

0.00 243.70

0.00 0.00

0.00 243.70
243.70
Total Cash & Equivalent 878,309.44
635,820.17
10,608,175.62
10,365,686.35
878,309.44

0.00 3,490.33

0.00 3,490.33

0.00 0.00

0.00 3,490.33
3,490.33
TOTAL PORTFOLIO 133,624,652.59
123,146,537.11
22,231,379.10
13,109,719.33
132,268,243.26
561,204.71
211,143.77
595,529.94
245,469.00

46.38 0.00

46.38 245,515.38 245,515.38
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 34 223 Cash Flow Report
As of September 30, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 10/10/2023 Interest 57629W6F2 750,000.00 Mass Mutual Global funding Note

4.5% Due 4/10/2026

0.00 16,687.50 16,687.50
10/15/2023 Interest 91282CBV2 1,100,000.00 US Treasury Note

0.375% Due 4/15/2024

0.00 2,062.50 2,062.50
10/15/2023 Paydown 02582JJT8 905,000.00 American Express Credit Trust 2022-2 A

3.39% Due 5/17/2027

0.00 2,556.63 2,556.63
10/15/2023 Paydown 47787NAC3 5,633.08 John Deere Owner Trust 2020-B A3

0.51% Due 11/15/2024
1,407.45 2.39 1,409.84
10/15/2023 Paydown 47788UAC6 153,397.76 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
11,776.83 46.02 11,822.85
10/15/2023 Paydown 47789QAC4 306,399.94 John Deere Owner Trust 2021-B A3

0.52% Due 3/16/2026
17,008.96 132.77 17,141.73
10/15/2023 Paydown 58769KAD6 191,982.28 Mercedes-Benz Auto Lease Trust 2021-B A3

0.4% Due 11/15/2024
47,988.98 63.99 48,052.97
10/15/2023 Paydown 89240BAC2 254,596.19 Toyota Auto Receivables Owners 2021-A A3

0.26% Due 5/15/2025
42,398.24 55.16 42,453.40
10/15/2023 Paydown 47787JAC2 410,000.00 John Deere Owner Trust 2022-A A3

2.32% Due 9/16/2026
16,832.56 792.67 17,625.23
10/15/2023 Paydown 89236XAC0 35,341.61 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025
2,274.45 10.31 2,284.76
10/15/2023 Paydown 89237VAB5 8,217.82 Toyota Auto Receivables Trust 2020-C A3

0.44% Due 10/15/2024
630.75 3.01 633.76
10/15/2023 Paydown 161571HT4 1,320,000.00 Chase Issuance Trust 23-A1 A

5.16% Due 9/15/2028

0.00 5,676.00 5,676.00
10/15/2023 Paydown 44933LAC7 186,811.76 Hyundai Auto Receivables Trust 2021-A A3

0.38% Due 9/15/2025
23,324.92 59.16 23,384.08
10/15/2023 Paydown 44934KAC8 548,530.17 Hyundai Auto Receivables Trust 2021-B A3

0.38% Due 1/15/2026
45,687.81 173.70 45,861.51
10/16/2023 Maturity 3137EAEY1 1,575,000.00 FHLMC Note

0.125% Due 10/16/2023
1,575,000.00 984.38 1,575,984.38
10/16/2023 Paydown 380146AC4 213,035.27 GM Financial Auto Receivables 2022-1 A3

1.26% Due 11/16/2026
10,214.99 223.69 10,438.68
10/16/2023 Paydown 362554AC1 215,563.72 GM Financial Securitized Term 2021-4 A3

0.68% Due 9/16/2026
11,952.03 122.15 12,074.18
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 35 224 Cash Flow Report
As of September 30, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 10/16/2023 Paydown 36265WAD5 320,000.00 GM Financial Securitized Auto 2022-3 A3

3.64% Due 4/16/2027

0.00 970.67 970.67
10/18/2023 Paydown 43815PAC3 365,000.00 Honda Auto Receivables 2022-2 A3

3.73% Due 7/20/2026

0.00 1,134.54 1,134.54
10/19/2023 Paydown 3137BSP72 0.00 FHLMC K058 A2

2.653% Due 8/25/2026

0.00 4,421.67 4,421.67
10/19/2023 Paydown 3137F1G44 0.00 FHLMC K065 A2

3.243% Due 4/25/2027

0.00 2,702.50 2,702.50
10/19/2023 Paydown 3137FBU79 0.00 FHLMC K069 A2

3.187% Due 9/25/2027

0.00 3,319.79 3,319.79
10/19/2023 Paydown 3137BM7C4 0.00 FHLMC K051 A2

3.308% Due 9/25/2025

0.00 3,371.40 3,371.40
10/19/2023 Paydown 3137BVZ82 0.00 FHLMC K063

3.43% Due 1/25/2027

0.00 2,463.88 2,463.88
10/19/2023 Paydown 3137BTUM1 0.00 FHLMC K061 A2

3.347% Due 11/25/2026

0.00 2,510.25 2,510.25
10/20/2023 Paydown 92348KAV5 415,000.00 Verizon Master Trust 2022-5 A1A

3.72% Due 7/20/2027

0.00 1,286.50 1,286.50
10/20/2023 Paydown 36262XAC8 226,276.21 GM Financial Auto Lease Trust 2021-3 A2

0.39% Due 10/21/2024
56,552.08 73.54 56,625.62
10/20/2023 Paydown 379929AD4 280,000.00 GM Financial Auto Leasing 2023-3 A3

5.38% Due 11/20/2026

0.00 1,255.33 1,255.33
10/21/2023 Paydown 43813GAC5 69,580.04 Honda Auto Receivables Trust 2021-1 A3

0.27% Due 4/21/2025
11,589.66 15.66 11,605.32
10/21/2023 Paydown 43815GAC3 282,855.95 Honda Auto Receivables Trust 2021-4 A3

0.88% Due 1/21/2026
16,607.55 207.43 16,814.98
10/25/2023 Interest 06406RBC0 900,000.00 Bank of NY Mellon Corp Callable Note Cont 3/25/2025

3.35% Due 4/25/2025

0.00 15,075.00 15,075.00
10/25/2023 Paydown 3137FBU79 1,250,000.00 FHLMC K069 A2

3.187% Due 9/25/2027

0.00 3,319.79 3,319.79
10/25/2023 Paydown 05593AAC3 155,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025

0.00 666.50 666.50
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 36 225 Cash Flow Report
As of September 30, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 10/25/2023 Paydown 05601XAC3 175,242.64 BMW Vehicle Lease Trust 2022-1 A3

1.1% Due 3/25/2025
28,888.68 160.64 29,049.32
10/25/2023 Paydown 09690AAC7 57,878.71 BMW Vehicle Lease Trust 2021-2 A3

0.33% Due 12/26/2024
19,288.24 15.92 19,304.16
10/25/2023 Paydown 3137BTUM1 900,000.00 FHLMC K061 A2

3.347% Due 11/25/2026

0.00 2,510.25 2,510.25
10/25/2023 Paydown 3137BVZ82 862,000.00 FHLMC K063

3.43% Due 1/25/2027

0.00 2,463.89 2,463.89
10/25/2023 Paydown 05602RAD3 350,000.00 BMW Vehicle Owner Trust 2022-A A3

3.21% Due 8/25/2026
37,103.41 936.25 38,039.66
10/25/2023 Paydown 3137BM7C4 1,223,000.00 FHLMC K051 A2

3.308% Due 9/25/2025

0.00 3,371.40 3,371.40
10/25/2023 Paydown 3137BSP72 2,000,000.00 FHLMC K058 A2

2.653% Due 8/25/2026

0.00 4,421.67 4,421.67
10/25/2023 Paydown 3137F1G44 1,000,000.00 FHLMC K065 A2

3.243% Due 4/25/2027

0.00 2,702.50 2,702.50
10/25/2023 Paydown 3137F4X72 1,165,000.00 FHLMC K075 A2

3.65% Due 2/25/2028

0.00 3,543.54 3,543.54
10/31/2023 Interest 9128285J5 2,500,000.00 US Treasury Note 3% Due 10/31/2025

0.00 37,500.00 37,500.00
10/31/2023 Interest 912828YM6 1,700,000.00 US Treasury Note

1.5% Due 10/31/2024

0.00 12,750.00 12,750.00
10/31/2023 Interest 912828ZL7 2,000,000.00 US Treasury Note

0.375% Due 4/30/2025

0.00 3,750.00 3,750.00
OCT 2023 1,976,527.59 146,572.54 2,123,100.13
11/01/2023 Interest 74456QBU9 750,000.00 Public Service El & Gas Callable Note Cont 02/01/28

3.7% Due 5/1/2028

0.00 13,875.00 13,875.00
11/01/2023 Maturity 3133EHN25 2,000,000.00 FFCB Note

2.2% Due 11/1/2023
2,000,000.00 22,000.00 2,022,000.00
11/03/2023 Interest 00440EAV9 1,000,000.00 Chubb INA Holdings Inc Callable Note Cont 2/3/2026

3.35% Due 5/3/2026

0.00 16,750.00 16,750.00
11/10/2023 Interest 665859AW4 1,000,000.00 Northern Trust Company Callable Note Cont 4/10/2027
4% Due 5/10/2027

0.00 20,000.00 20,000.00
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 37 226 Cash Flow Report
As of September 30, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 11/12/2023 Interest 023135BW5 805,000.00 Amazon.com Inc Note

0.45% Due 5/12/2024

0.00 1,811.25 1,811.25
11/13/2023 Interest 14913R2V8 480,000.00 Caterpillar Financial Service Note

3.4% Due 5/13/2025

0.00 8,160.00 8,160.00
11/15/2023 Interest 341081GN1 1,500,000.00 Florida Power and Light Callable Note Cont 3/15/2028

4.4% Due 5/15/2028

0.00 32,450.00 32,450.00
11/15/2023 Interest 9128283F5 1,400,000.00 US Treasury Note

2.25% Due 11/15/2027

0.00 15,750.00 15,750.00
11/15/2023 Interest 912828U24 3,000,000.00 US Treasury Note 2% Due 11/15/2026

0.00 30,000.00 30,000.00
11/15/2023 Interest 91282CDH1 2,000,000.00 US Treasury Note

0.75% Due 11/15/2024

0.00 7,500.00 7,500.00
11/15/2023 Interest 91282CCC3 1,000,000.00 US Treasury Note

0.25% Due 5/15/2024

0.00 1,250.00 1,250.00
11/15/2023 Interest 91324PEB4 425,000.00 United Health Group Inc Callable Note Cont 5/15/2022

0.55% Due 5/15/2024

0.00 1,168.75 1,168.75
11/15/2023 Interest 912828M56 2,500,000.00 US Treasury Note

2.25% Due 11/15/2025

0.00 28,125.00 28,125.00
11/15/2023 Paydown 44934KAC8 548,530.17 Hyundai Auto Receivables Trust 2021-B A3

0.38% Due 1/15/2026
45,692.00 159.23 45,851.23
11/15/2023 Paydown 47788UAC6 153,397.76 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
11,780.66 42.49 11,823.15
11/15/2023 Paydown 47787JAC2 410,000.00 John Deere Owner Trust 2022-A A3

2.32% Due 9/16/2026
16,854.16 760.12 17,614.28
11/15/2023 Paydown 58769KAD6 191,982.28 Mercedes-Benz Auto Lease Trust 2021-B A3

0.4% Due 11/15/2024
47,993.37 48.00 48,041.37
11/15/2023 Paydown 89236XAC0 35,341.61 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025
2,266.12 9.64 2,275.76
11/15/2023 Paydown 02582JJT8 905,000.00 American Express Credit Trust 2022-2 A

3.39% Due 5/17/2027

0.00 2,556.63 2,556.63
11/15/2023 Paydown 47787NAC3 5,633.08 John Deere Owner Trust 2020-B A3

0.51% Due 11/15/2024
1,407.99 1.80 1,409.79
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 38 227 Cash Flow Report
As of September 30, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 11/15/2023 Paydown 47789QAC4 306,399.94 John Deere Owner Trust 2021-B A3

0.52% Due 3/16/2026
17,010.52 125.40 17,135.92
11/15/2023 Paydown 89237VAB5 8,217.82 Toyota Auto Receivables Trust 2020-C A3

0.44% Due 10/15/2024
630.98 2.78 633.76
11/15/2023 Paydown 89240BAC2 254,596.19 Toyota Auto Receivables Owners 2021-A A3

0.26% Due 5/15/2025
42,412.01 45.98 42,457.99
11/15/2023 Paydown 44933LAC7 186,811.76 Hyundai Auto Receivables Trust 2021-A A3

0.38% Due 9/15/2025
23,332.50 51.77 23,384.27
11/15/2023 Paydown 161571HT4 1,320,000.00 Chase Issuance Trust 23-A1 A

5.16% Due 9/15/2028

0.00 5,676.00 5,676.00
11/16/2023 Paydown 362554AC1 215,563.72 GM Financial Securitized Term 2021-4 A3

0.68% Due 9/16/2026
11,954.82 115.38 12,070.20
11/16/2023 Paydown 380146AC4 213,035.27 GM Financial Auto Receivables 2022-1 A3

1.26% Due 11/16/2026
10,259.77 212.96 10,472.73
11/16/2023 Paydown 36265WAD5 320,000.00 GM Financial Securitized Auto 2022-3 A3

3.64% Due 4/16/2027

0.00 970.67 970.67
11/18/2023 Paydown 43815PAC3 365,000.00 Honda Auto Receivables 2022-2 A3

3.73% Due 7/20/2026

0.00 1,134.54 1,134.54
11/20/2023 Paydown 92348KAV5 415,000.00 Verizon Master Trust 2022-5 A1A

3.72% Due 7/20/2027

0.00 1,286.50 1,286.50
11/20/2023 Paydown 36262XAC8 226,276.21 GM Financial Auto Lease Trust 2021-3 A2

0.39% Due 10/21/2024
56,563.40 55.16 56,618.56
11/20/2023 Paydown 379929AD4 280,000.00 GM Financial Auto Leasing 2023-3 A3

5.38% Due 11/20/2026

0.00 1,255.33 1,255.33
11/21/2023 Paydown 43815GAC3 282,855.95 Honda Auto Receivables Trust 2021-4 A3

0.88% Due 1/21/2026
16,611.42 195.25 16,806.67
11/21/2023 Paydown 43813GAC5 69,580.04 Honda Auto Receivables Trust 2021-1 A3

0.27% Due 4/21/2025
11,592.47 13.05 11,605.52
11/24/2023 Maturity 459058JM6 750,000.00 Intl. Bank Recon & Development Note

0.25% Due 11/24/2023
750,000.00 937.50 750,937.50
11/25/2023 Paydown 05593AAC3 155,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025

0.00 666.50 666.50
11/25/2023 Paydown 3137BTUM1 900,000.00 FHLMC K061 A2

3.347% Due 11/25/2026

0.00 2,510.25 2,510.25
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 39 228 Cash Flow Report
As of September 30, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 11/25/2023 Paydown 3137BM7C4 1,223,000.00 FHLMC K051 A2

3.308% Due 9/25/2025

0.00 3,371.40 3,371.40
11/25/2023 Paydown 3137BVZ82 862,000.00 FHLMC K063

3.43% Due 1/25/2027

0.00 2,463.89 2,463.89
11/25/2023 Paydown 05602RAD3 350,000.00 BMW Vehicle Owner Trust 2022-A A3

3.21% Due 8/25/2026
35,084.63 837.00 35,921.63
11/25/2023 Paydown 3137BSP72 2,000,000.00 FHLMC K058 A2

2.653% Due 8/25/2026

0.00 4,421.67 4,421.67
11/25/2023 Paydown 3137F1G44 1,000,000.00 FHLMC K065 A2

3.243% Due 4/25/2027

0.00 2,702.50 2,702.50
11/25/2023 Paydown 3137F4X72 1,165,000.00 FHLMC K075 A2

3.65% Due 2/25/2028

0.00 3,543.54 3,543.54
11/25/2023 Paydown 3137FBU79 1,250,000.00 FHLMC K069 A2

3.187% Due 9/25/2027

0.00 3,319.79 3,319.79
11/25/2023 Paydown 05601XAC3 175,242.64 BMW Vehicle Lease Trust 2022-1 A3

1.1% Due 3/25/2025
29,015.31 134.16 29,149.47
11/25/2023 Paydown 09690AAC7 57,878.71 BMW Vehicle Lease Trust 2021-2 A3

0.33% Due 12/26/2024
19,292.91 10.61 19,303.52
11/30/2023 Interest 912828ZT0 1,800,000.00 US Treasury Note

0.25% Due 5/31/2025

0.00 2,250.00 2,250.00
NOV 2023 3,149,755.04 240,727.49 3,390,482.53
12/01/2023 Interest 023135CN4 425,000.00 Amazon.com Inc Note

4.6% Due 12/1/2025

0.00 9,775.00 9,775.00
12/01/2023 Interest 438516CB0 1,000,000.00 Honeywell Intl Callable Note Cont 5/1/2025

1.35% Due 6/1/2025

0.00 6,750.00 6,750.00
12/04/2023 Maturity 3137EAFA2 1,465,000.00 FHLMC Note

0.25% Due 12/4/2023
1,465,000.00 1,831.25 1,466,831.25
12/06/2023 Interest 89115A2A9 1,000,000.00 Toronto-Dominion Bank Note

3.766% Due 6/6/2025

0.00 18,830.00 18,830.00
12/07/2023 Interest 24422EVQ9 760,000.00 John Deere Capital Corp Note

0.45% Due 6/7/2024

0.00 1,710.00 1,710.00
12/09/2023 Interest 3130AVVX7 1,120,000.00 FHLB Note

3.75% Due 6/9/2028

0.00 25,200.00 25,200.00
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 40 229 Cash Flow Report
As of September 30, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 12/09/2023 Interest 3130AWC24 2,000,000.00 FHLB Note
4% Due 6/9/2028

0.00 41,777.78 41,777.78
12/12/2023 Interest 3130AWLZ1 2,000,000.00 FHLB Note

4.75% Due 6/12/2026

0.00 40,111.11 40,111.11
12/14/2023 Interest 3130A1XJ2 2,000,000.00 FHLB Note

2.875% Due 6/14/2024

0.00 28,750.00 28,750.00
12/14/2023 Interest 06051GJY6 960,000.00 Bank of America Corp Callable Note Cont 6/14/2023

5.71% Due 6/14/2024

0.00 13,856.26 13,856.26
12/15/2023 Interest 63743HFE7 1,105,000.00 National Rural Utilities Note

3.45% Due 6/15/2025

0.00 19,061.25 19,061.25
12/15/2023 Interest 91282CDN8 900,000.00 US Treasury Note 1% Due 12/15/2024

0.00 4,500.00 4,500.00
12/15/2023 Maturity 91282CBA8 2,000,000.00 US Treasury Note

0.125% Due 12/15/2023
2,000,000.00 1,250.00 2,001,250.00
12/15/2023 Paydown 47787JAC2 410,000.00 John Deere Owner Trust 2022-A A3

2.32% Due 9/16/2026
16,875.79 727.54 17,603.33
12/15/2023 Paydown 58769KAD6 191,982.28 Mercedes-Benz Auto Lease Trust 2021-B A3

0.4% Due 11/15/2024
47,997.77 32.00 48,029.77
12/15/2023 Paydown 161571HT4 1,320,000.00 Chase Issuance Trust 23-A1 A

5.16% Due 9/15/2028

0.00 5,676.00 5,676.00
12/15/2023 Paydown 44933LAC7 186,811.76 Hyundai Auto Receivables Trust 2021-A A3

0.38% Due 9/15/2025
23,340.09 44.38 23,384.47
12/15/2023 Paydown 44934KAC8 548,530.17 Hyundai Auto Receivables Trust 2021-B A3

0.38% Due 1/15/2026
45,696.19 144.76 45,840.95
12/15/2023 Paydown 47787NAC3 5,633.08 John Deere Owner Trust 2020-B A3

0.51% Due 11/15/2024
1,408.54 1.20 1,409.74
12/15/2023 Paydown 47788UAC6 153,397.76 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
11,784.49 38.95 11,823.44
12/15/2023 Paydown 47789QAC4 306,399.94 John Deere Owner Trust 2021-B A3

0.52% Due 3/16/2026
17,012.08 118.03 17,130.11
12/15/2023 Paydown 89236XAC0 35,341.61 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025
2,257.69 8.98 2,266.67
12/15/2023 Paydown 89237VAB5 8,217.82 Toyota Auto Receivables Trust 2020-C A3

0.44% Due 10/15/2024
631.21 2.55 633.76
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 41 230 Cash Flow Report
As of September 30, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 12/15/2023 Paydown 89240BAC2 254,596.19 Toyota Auto Receivables Owners 2021-A A3

0.26% Due 5/15/2025
42,425.80 36.79 42,462.59
12/15/2023 Paydown 02582JJT8 905,000.00 American Express Credit Trust 2022-2 A

3.39% Due 5/17/2027

0.00 2,556.63 2,556.63
12/16/2023 Paydown 362554AC1 215,563.72 GM Financial Securitized Term 2021-4 A3

0.68% Due 9/16/2026
11,957.60 108.61 12,066.21
12/16/2023 Paydown 380146AC4 213,035.27 GM Financial Auto Receivables 2022-1 A3

1.26% Due 11/16/2026
10,304.74 202.19 10,506.93
12/16/2023 Paydown 36265WAD5 320,000.00 GM Financial Securitized Auto 2022-3 A3

3.64% Due 4/16/2027

0.00 970.67 970.67
12/18/2023 Interest 89236TJH9 1,140,000.00 Toyota Motor Credit Corp Note

0.5% Due 6/18/2024

0.00 2,850.00 2,850.00
12/18/2023 Paydown 43815PAC3 365,000.00 Honda Auto Receivables 2022-2 A3

3.73% Due 7/20/2026

0.00 1,134.54 1,134.54
12/20/2023 Interest 3130AQF40 1,400,000.00 FHLB Note
1% Due 12/20/2024

0.00 7,000.00 7,000.00
12/20/2023 Interest 58989V2F0 1,000,000.00 Met Tower Global Funding Note

5.4% Due 6/20/2026

0.00 27,000.00 27,000.00
12/20/2023 Paydown 36262XAC8 226,276.21 GM Financial Auto Lease Trust 2021-3 A2

0.39% Due 10/21/2024
56,574.70 36.78 56,611.48
12/20/2023 Paydown 379929AD4 280,000.00 GM Financial Auto Leasing 2023-3 A3

5.38% Due 11/20/2026

0.00 1,255.33 1,255.33
12/20/2023 Paydown 92348KAV5 415,000.00 Verizon Master Trust 2022-5 A1A

3.72% Due 7/20/2027

0.00 1,286.50 1,286.50
12/21/2023 Paydown 43813GAC5 69,580.04 Honda Auto Receivables Trust 2021-1 A3

0.27% Due 4/21/2025
11,595.27 10.44 11,605.71
12/21/2023 Paydown 43815GAC3 282,855.95 Honda Auto Receivables Trust 2021-4 A3

0.88% Due 1/21/2026
16,615.30 183.07 16,798.37
12/25/2023 Paydown 05601XAC3 175,242.64 BMW Vehicle Lease Trust 2022-1 A3

1.1% Due 3/25/2025
29,142.49 107.56 29,250.05
12/25/2023 Paydown 09690AAC7 57,878.71 BMW Vehicle Lease Trust 2021-2 A3

0.33% Due 12/26/2024
19,297.56 5.31 19,302.87
12/25/2023 Paydown 3137BTUM1 900,000.00 FHLMC K061 A2

3.347% Due 11/25/2026

0.00 2,510.25 2,510.25
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 42 231 Cash Flow Report
As of September 30, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 12/25/2023 Paydown 3137F1G44 1,000,000.00 FHLMC K065 A2

3.243% Due 4/25/2027

0.00 2,702.50 2,702.50
12/25/2023 Paydown 3137F4X72 1,165,000.00 FHLMC K075 A2

3.65% Due 2/25/2028

0.00 3,543.54 3,543.54
12/25/2023 Paydown 3137BVZ82 862,000.00 FHLMC K063

3.43% Due 1/25/2027

0.00 2,463.89 2,463.89
12/25/2023 Paydown 05593AAC3 155,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025

0.00 666.50 666.50
12/25/2023 Paydown 05602RAD3 350,000.00 BMW Vehicle Owner Trust 2022-A A3

3.21% Due 8/25/2026
33,061.94 743.15 33,805.09
12/25/2023 Paydown 3137BM7C4 1,223,000.00 FHLMC K051 A2

3.308% Due 9/25/2025

0.00 3,371.40 3,371.40
12/25/2023 Paydown 3137BSP72 2,000,000.00 FHLMC K058 A2

2.653% Due 8/25/2026

0.00 4,421.67 4,421.67
12/25/2023 Paydown 3137FBU79 1,250,000.00 FHLMC K069 A2

3.187% Due 9/25/2027

0.00 3,319.79 3,319.79
12/31/2023 Interest 9128285T3 2,500,000.00 US Treasury Note

2.625% Due 12/31/2025

0.00 32,812.50 32,812.50
12/31/2023 Interest 91282CEW7 1,300,000.00 US Treasury Note

3.25% Due 6/30/2027

0.00 21,125.00 21,125.00
DEC 2023 3,862,979.25 342,621.65 4,205,600.90
01/02/2024 Interest 3135G0V75 2,000,000.00 FNMA Note

1.75% Due 7/2/2024

0.00 17,500.00 17,500.00
01/06/2024 Interest 3133ENKS8 755,000.00 FFCB Note

1.125% Due 1/6/2025

0.00 4,246.88 4,246.88
01/12/2024 Interest 459058KT9 500,000.00 Intl. Bank Recon & Development Note

3.5% Due 7/12/2028

0.00 8,750.00 8,750.00
01/15/2024 Interest 79466LAG9 200,000.00 Salesforce.com Inc Callable Note Cont 7/15/2022

0.625% Due 7/15/2024

0.00 625.00 625.00
01/15/2024 Maturity 91282CBE0 2,000,000.00 US Treasury Note

0.125% Due 1/15/2024
2,000,000.00 1,250.00 2,001,250.00
01/15/2024 Paydown 44933LAC7 186,811.76 Hyundai Auto Receivables Trust 2021-A A3

0.38% Due 9/15/2025
23,347.67 36.99 23,384.66
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 43 232 Cash Flow Report
As of September 30, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 01/15/2024 Paydown 47787JAC2 410,000.00 John Deere Owner Trust 2022-A A3

2.32% Due 9/16/2026
16,897.45 694.91 17,592.36
01/15/2024 Paydown 02582JJT8 905,000.00 American Express Credit Trust 2022-2 A

3.39% Due 5/17/2027

0.00 2,556.63 2,556.63
01/15/2024 Paydown 161571HT4 1,320,000.00 Chase Issuance Trust 23-A1 A

5.16% Due 9/15/2028

0.00 5,676.00 5,676.00
01/15/2024 Paydown 44934KAC8 548,530.17 Hyundai Auto Receivables Trust 2021-B A3

0.38% Due 1/15/2026
45,700.38 130.29 45,830.67
01/15/2024 Paydown 47787NAC3 5,633.08 John Deere Owner Trust 2020-B A3

0.51% Due 11/15/2024
1,409.10 0.60 1,409.70
01/15/2024 Paydown 47788UAC6 153,397.76 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
11,788.32 35.42 11,823.74
01/15/2024 Paydown 89236XAC0 35,341.61 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025
2,249.17 8.33 2,257.50
01/15/2024 Paydown 58769KAD6 191,982.28 Mercedes-Benz Auto Lease Trust 2021-B A3

0.4% Due 11/15/2024
48,002.17 16.00 48,018.17
01/15/2024 Paydown 47789QAC4 306,399.94 John Deere Owner Trust 2021-B A3

0.52% Due 3/16/2026
17,013.64 110.66 17,124.30
01/15/2024 Paydown 89237VAB5 8,217.82 Toyota Auto Receivables Trust 2020-C A3

0.44% Due 10/15/2024
631.44 2.32 633.76
01/15/2024 Paydown 89240BAC2 254,596.19 Toyota Auto Receivables Owners 2021-A A3

0.26% Due 5/15/2025
42,439.59 27.59 42,467.18
01/16/2024 Paydown 380146AC4 213,035.27 GM Financial Auto Receivables 2022-1 A3

1.26% Due 11/16/2026
10,349.91 191.37 10,541.28
01/16/2024 Paydown 362554AC1 215,563.72 GM Financial Securitized Term 2021-4 A3

0.68% Due 9/16/2026
11,960.40 101.83 12,062.23
01/16/2024 Paydown 36265WAD5 320,000.00 GM Financial Securitized Auto 2022-3 A3

3.64% Due 4/16/2027

0.00 970.67 970.67
01/17/2024 Interest 61747YET8 1,000,000.00 Morgan Stanley Callable Note Cont 7/17/2025

4.679% Due 7/17/2026

0.00 23,395.00 23,395.00
01/17/2024 Maturity 24422EVN6 865,000.00 John Deere Capital Corp Note

0.45% Due 1/17/2024
865,000.00 1,946.25 866,946.25
01/18/2024 Paydown 43815PAC3 365,000.00 Honda Auto Receivables 2022-2 A3

3.73% Due 7/20/2026

0.00 1,134.54 1,134.54
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 44 233 Cash Flow Report
As of September 30, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 01/20/2024 Paydown 379929AD4 280,000.00 GM Financial Auto Leasing 2023-3 A3

5.38% Due 11/20/2026

0.00 1,255.33 1,255.33
01/20/2024 Paydown 92348KAV5 415,000.00 Verizon Master Trust 2022-5 A1A

3.72% Due 7/20/2027
23,811.97 1,286.50 25,098.47
01/20/2024 Paydown 36262XAC8 226,276.21 GM Financial Auto Lease Trust 2021-3 A2

0.39% Due 10/21/2024
56,586.02 18.39 56,604.41
01/21/2024 Interest 78016EYM3 1,000,000.00 Royal Bank of Canada Note

1.6% Due 1/21/2025

0.00 8,000.00 8,000.00
01/21/2024 Paydown 43815GAC3 282,855.95 Honda Auto Receivables Trust 2021-4 A3

0.88% Due 1/21/2026
16,619.18 170.88 16,790.06
01/21/2024 Paydown 43813GAC5 69,580.04 Honda Auto Receivables Trust 2021-1 A3

0.27% Due 4/21/2025
11,598.07 7.83 11,605.90
01/25/2024 Paydown 3137BVZ82 862,000.00 FHLMC K063

3.43% Due 1/25/2027

0.00 2,463.89 2,463.89
01/25/2024 Paydown 05602RAD3 350,000.00 BMW Vehicle Owner Trust 2022-A A3

3.21% Due 8/25/2026
31,035.35 654.71 31,690.06
01/25/2024 Paydown 3137BM7C4 1,223,000.00 FHLMC K051 A2

3.308% Due 9/25/2025

0.00 3,371.40 3,371.40
01/25/2024 Paydown 3137BSP72 2,000,000.00 FHLMC K058 A2

2.653% Due 8/25/2026

0.00 4,421.67 4,421.67
01/25/2024 Paydown 3137BTUM1 900,000.00 FHLMC K061 A2

3.347% Due 11/25/2026

0.00 2,510.25 2,510.25
01/25/2024 Paydown 3137F1G44 1,000,000.00 FHLMC K065 A2

3.243% Due 4/25/2027

0.00 2,702.50 2,702.50
01/25/2024 Paydown 05593AAC3 155,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025

0.00 666.50 666.50
01/25/2024 Paydown 3137F4X72 1,165,000.00 FHLMC K075 A2

3.65% Due 2/25/2028

0.00 3,543.54 3,543.54
01/25/2024 Paydown 3137FBU79 1,250,000.00 FHLMC K069 A2

3.187% Due 9/25/2027

0.00 3,319.79 3,319.79
01/25/2024 Paydown 05601XAC3 175,242.64 BMW Vehicle Lease Trust 2022-1 A3

1.1% Due 3/25/2025
29,270.23 80.85 29,351.08
01/30/2024 Interest 91159HHX1 1,000,000.00 US Bancorp Callable Note Cont 6/28/2024

2.4% Due 7/30/2024

0.00 12,000.00 12,000.00
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 45 234 Cash Flow Report
As of September 30, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 01/31/2024 Interest 912828Z52 2,000,000.00 US Treasury Note

1.375% Due 1/31/2025

0.00 13,750.00 13,750.00
01/31/2024 Interest 91282CAB7 2,000,000.00 US Treasury Note

0.25% Due 7/31/2025

0.00 2,500.00 2,500.00
01/31/2024 Interest 91282CFB2 2,000,000.00 US Treasury Note

2.75% Due 7/31/2027

0.00 27,500.00 27,500.00
01/31/2024 Maturity 9128285Z9 2,000,000.00 US Treasury Note

2.5% Due 1/31/2024
2,000,000.00 25,000.00 2,025,000.00
JAN 2024 5,265,710.06 184,631.31 5,450,341.37
02/02/2024 Maturity 69371RR24 795,000.00 Paccar Financial Corp Note

0.35% Due 2/2/2024
795,000.00 1,391.25 796,391.25
02/06/2024 Interest 857477BR3 335,000.00 State Street Bank Callable Note Cont 2/6/2025

1.746% Due 2/6/2026

0.00 2,924.55 2,924.55
02/06/2024 Maturity 594918BX1 1,850,000.00 Microsoft Callable Note Cont 12/6/2023

2.875% Due 2/6/2024
1,850,000.00 26,593.75 1,876,593.75
02/09/2024 Interest 69371RR40 245,000.00 Paccar Financial Corp Note

0.5% Due 8/9/2024

0.00 612.50 612.50
02/10/2024 Interest 69371RS56 450,000.00 Paccar Financial Corp Note

5.05% Due 8/10/2026

0.00 11,362.50 11,362.50
02/12/2024 Interest 14913R2Z9 1,375,000.00 Caterpillar Financial Service Note

3.65% Due 8/12/2025

0.00 25,093.75 25,093.75
02/14/2024 Interest 3133ENPG9 1,200,000.00 FFCB Note

1.75% Due 2/14/2025

0.00 10,500.00 10,500.00
02/14/2024 Interest 3133EPSW6 2,405,000.00 FFCB Note

4.5% Due 8/14/2026

0.00 54,112.50 54,112.50
02/15/2024 Interest 91282CCT6 2,000,000.00 US Treasury Note

0.375% Due 8/15/2024

0.00 3,750.00 3,750.00
02/15/2024 Interest 26442UAA2 1,000,000.00 Duke Energy Progress LLC Callable Note Cont 5/15/25

3.25% Due 8/15/2025

0.00 16,250.00 16,250.00
02/15/2024 Paydown 44933LAC7 186,811.76 Hyundai Auto Receivables Trust 2021-A A3

0.38% Due 9/15/2025
23,355.26 29.60 23,384.86
02/15/2024 Paydown 47788UAC6 153,397.76 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
11,792.15 31.88 11,824.03
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 46 235 Cash Flow Report
As of September 30, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 02/15/2024 Paydown 02582JJT8 905,000.00 American Express Credit Trust 2022-2 A

3.39% Due 5/17/2027

0.00 2,556.63 2,556.63
02/15/2024 Paydown 44934KAC8 548,530.17 Hyundai Auto Receivables Trust 2021-B A3

0.38% Due 1/15/2026
45,704.56 115.82 45,820.38
02/15/2024 Paydown 47787JAC2 410,000.00 John Deere Owner Trust 2022-A A3

2.32% Due 9/16/2026
16,919.14 662.24 17,581.38
02/15/2024 Paydown 89237VAB5 8,217.82 Toyota Auto Receivables Trust 2020-C A3

0.44% Due 10/15/2024
631.67 2.09 633.76
02/15/2024 Paydown 89236XAC0 35,341.61 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025
2,240.58 7.67 2,248.25
02/15/2024 Paydown 161571HT4 1,320,000.00 Chase Issuance Trust 23-A1 A

5.16% Due 9/15/2028

0.00 5,676.00 5,676.00
02/15/2024 Paydown 47789QAC4 306,399.94 John Deere Owner Trust 2021-B A3

0.52% Due 3/16/2026
17,015.19 103.29 17,118.48
02/15/2024 Paydown 89240BAC2 254,596.19 Toyota Auto Receivables Owners 2021-A A3

0.26% Due 5/15/2025
42,453.38 18.40 42,471.78
02/16/2024 Paydown 362554AC1 215,563.72 GM Financial Securitized Term 2021-4 A3

0.68% Due 9/16/2026
11,963.19 95.05 12,058.24
02/16/2024 Paydown 36265WAD5 320,000.00 GM Financial Securitized Auto 2022-3 A3

3.64% Due 4/16/2027

0.00 970.67 970.67
02/16/2024 Paydown 380146AC4 213,035.27 GM Financial Auto Receivables 2022-1 A3

1.26% Due 11/16/2026
10,395.28 180.50 10,575.78
02/18/2024 Interest 06428CAA2 1,000,000.00 Bank Of America NA Callable Note cont 7/17/2026

5.526% Due 8/18/2026

0.00 27,630.00 27,630.00
02/18/2024 Paydown 43815PAC3 365,000.00 Honda Auto Receivables 2022-2 A3

3.73% Due 7/20/2026

0.00 1,134.54 1,134.54
02/20/2024 Paydown 379929AD4 280,000.00 GM Financial Auto Leasing 2023-3 A3

5.38% Due 11/20/2026

0.00 1,255.33 1,255.33
02/20/2024 Paydown 92348KAV5 415,000.00 Verizon Master Trust 2022-5 A1A

3.72% Due 7/20/2027
23,885.79 1,212.68 25,098.47
02/21/2024 Paydown 43813GAC5 69,580.04 Honda Auto Receivables Trust 2021-1 A3

0.27% Due 4/21/2025
11,600.88 5.22 11,606.10
02/21/2024 Paydown 43815GAC3 282,855.95 Honda Auto Receivables Trust 2021-4 A3

0.88% Due 1/21/2026
16,623.05 158.70 16,781.75
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 47 236 Cash Flow Report
As of September 30, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 02/23/2024 Interest 037833BY5 1,000,000.00 Apple Inc Callable Note Cont 11/23/2025

3.25% Due 2/23/2026

0.00 16,250.00 16,250.00
02/23/2024 Maturity 3133EKMX1 2,000,000.00 FFCB Note

2.23% Due 2/23/2024
2,000,000.00 22,300.00 2,022,300.00
02/25/2024 Paydown 05601XAC3 175,242.64 BMW Vehicle Lease Trust 2022-1 A3

1.1% Due 3/25/2025
29,398.53 54.02 29,452.55
02/25/2024 Paydown 3137BM7C4 1,223,000.00 FHLMC K051 A2

3.308% Due 9/25/2025

0.00 3,371.40 3,371.40
02/25/2024 Paydown 3137BSP72 2,000,000.00 FHLMC K058 A2

2.653% Due 8/25/2026

0.00 4,421.67 4,421.67
02/25/2024 Paydown 3137F1G44 1,000,000.00 FHLMC K065 A2

3.243% Due 4/25/2027

0.00 2,702.50 2,702.50
02/25/2024 Paydown 3137F4X72 1,165,000.00 FHLMC K075 A2

3.65% Due 2/25/2028

0.00 3,543.54 3,543.54
02/25/2024 Paydown 05593AAC3 155,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025

0.00 666.50 666.50
02/25/2024 Paydown 05602RAD3 350,000.00 BMW Vehicle Owner Trust 2022-A A3

3.21% Due 8/25/2026
29,004.85 571.69 29,576.54
02/25/2024 Paydown 3137BTUM1 900,000.00 FHLMC K061 A2

3.347% Due 11/25/2026

0.00 2,510.25 2,510.25
02/25/2024 Paydown 3137BVZ82 862,000.00 FHLMC K063

3.43% Due 1/25/2027

0.00 2,463.89 2,463.89
02/25/2024 Paydown 3137FBU79 1,250,000.00 FHLMC K069 A2

3.187% Due 9/25/2027

0.00 3,319.79 3,319.79
02/29/2024 Interest 91282CAJ0 1,000,000.00 US Treasury Note

0.25% Due 8/31/2025

0.00 1,250.00 1,250.00
02/29/2024 Interest 912828ZC7 1,200,000.00 US Treasury Note

1.125% Due 2/28/2025

0.00 6,750.00 6,750.00
02/29/2024 Interest 91282CFH9 2,500,000.00 US Treasury Note

3.125% Due 8/31/2027

0.00 39,062.50 39,062.50
FEB 2024 4,937,983.50 303,674.86 5,241,658.36
03/03/2024 Maturity 166764BT6 900,000.00 Chevron Corp Callable Note Cont 1/3/2024

2.895% Due 3/3/2024
900,000.00 13,027.50 913,027.50
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 48 237 Cash Flow Report
As of September 30, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 03/11/2024 Interest 3130AWTQ3 4,500,000.00 FHLB Note

4.625% Due 9/11/2026

0.00 125,453.13 125,453.13
03/14/2024 Interest 06051GJY6 960,000.00 Bank of America Corp Callable Note Cont 6/14/2023

5.71% Due 6/14/2024

0.00 13,880.54 13,880.54
03/15/2024 Interest 437076CR1 1,000,000.00 Home Depot Callable Note Cont 8/15/2025 4% Due 9/15/2025

0.00 20,000.00 20,000.00
03/15/2024 Interest 91282CCX7 1,800,000.00 US Treasury Note

0.375% Due 9/15/2024

0.00 3,375.00 3,375.00
03/15/2024 Maturity 91282CBR1 2,000,000.00 US Treasury Note

0.25% Due 3/15/2024
2,000,000.00 2,500.00 2,002,500.00
03/15/2024 Paydown 44933LAC7 186,811.76 Hyundai Auto Receivables Trust 2021-A A3

0.38% Due 9/15/2025
23,362.85 22.20 23,385.05
03/15/2024 Paydown 47787JAC2 410,000.00 John Deere Owner Trust 2022-A A3

2.32% Due 9/16/2026
16,940.85 629.53 17,570.38
03/15/2024 Paydown 47789QAC4 306,399.94 John Deere Owner Trust 2021-B A3

0.52% Due 3/16/2026
17,016.76 95.91 17,112.67
03/15/2024 Paydown 89237VAB5 8,217.82 Toyota Auto Receivables Trust 2020-C A3

0.44% Due 10/15/2024
631.90 1.86 633.76
03/15/2024 Paydown 89240BAC2 254,596.19 Toyota Auto Receivables Owners 2021-A A3

0.26% Due 5/15/2025
42,467.18 9.20 42,476.38
03/15/2024 Paydown 02582JJT8 905,000.00 American Express Credit Trust 2022-2 A

3.39% Due 5/17/2027

0.00 2,556.63 2,556.63
03/15/2024 Paydown 47788UAC6 153,397.76 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
11,795.99 28.34 11,824.33
03/15/2024 Paydown 44934KAC8 548,530.17 Hyundai Auto Receivables Trust 2021-B A3

0.38% Due 1/15/2026
45,708.75 101.35 45,810.10
03/15/2024 Paydown 89236XAC0 35,341.61 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025
2,231.89 7.02 2,238.91
03/15/2024 Paydown 161571HT4 1,320,000.00 Chase Issuance Trust 23-A1 A

5.16% Due 9/15/2028

0.00 5,676.00 5,676.00
03/16/2024 Paydown 362554AC1 215,563.72 GM Financial Securitized Term 2021-4 A3

0.68% Due 9/16/2026
11,965.98 88.27 12,054.25
03/16/2024 Paydown 36265WAD5 320,000.00 GM Financial Securitized Auto 2022-3 A3

3.64% Due 4/16/2027

0.00 970.67 970.67
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 49 238 Cash Flow Report
As of September 30, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 03/16/2024 Paydown 380146AC4 213,035.27 GM Financial Auto Receivables 2022-1 A3

1.26% Due 11/16/2026
10,440.84 169.59 10,610.43
03/18/2024 Maturity 808513BN4 575,000.00 Charles Schwab Corp Callable Note Cont 2/18/2024

0.75% Due 3/18/2024
575,000.00 2,156.25 577,156.25
03/18/2024 Paydown 43815PAC3 365,000.00 Honda Auto Receivables 2022-2 A3

3.73% Due 7/20/2026
19,168.78 1,134.54 20,303.32
03/20/2024 Paydown 379929AD4 280,000.00 GM Financial Auto Leasing 2023-3 A3

5.38% Due 11/20/2026

0.00 1,255.33 1,255.33
03/20/2024 Paydown 92348KAV5 415,000.00 Verizon Master Trust 2022-5 A1A

3.72% Due 7/20/2027
23,959.83 1,138.64 25,098.47
03/21/2024 Paydown 43813GAC5 69,580.04 Honda Auto Receivables Trust 2021-1 A3

0.27% Due 4/21/2025
11,603.68 2.61 11,606.29
03/21/2024 Paydown 43815GAC3 282,855.95 Honda Auto Receivables Trust 2021-4 A3

0.88% Due 1/21/2026
16,626.94 146.50 16,773.44
03/23/2024 Interest 4581X0DZ8 1,585,000.00 Inter-American Dev Bank Note

0.5% Due 9/23/2024

0.00 3,962.50 3,962.50
03/25/2024 Paydown 05601XAC3 175,242.64 BMW Vehicle Lease Trust 2022-1 A3

1.1% Due 3/25/2025
29,527.39 27.07 29,554.46
03/25/2024 Paydown 05602RAD3 350,000.00 BMW Vehicle Owner Trust 2022-A A3

3.21% Due 8/25/2026
26,970.42 494.10 27,464.52
03/25/2024 Paydown 3137BM7C4 1,223,000.00 FHLMC K051 A2

3.308% Due 9/25/2025

0.00 3,371.40 3,371.40
03/25/2024 Paydown 3137BSP72 2,000,000.00 FHLMC K058 A2

2.653% Due 8/25/2026

0.00 4,421.67 4,421.67
03/25/2024 Paydown 3137F1G44 1,000,000.00 FHLMC K065 A2

3.243% Due 4/25/2027

0.00 2,702.50 2,702.50
03/25/2024 Paydown 3137F4X72 1,165,000.00 FHLMC K075 A2

3.65% Due 2/25/2028

0.00 3,543.54 3,543.54
03/25/2024 Paydown 05593AAC3 155,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025

0.00 666.50 666.50
03/25/2024 Paydown 3137BVZ82 862,000.00 FHLMC K063

3.43% Due 1/25/2027

0.00 2,463.89 2,463.89
03/25/2024 Paydown 3137FBU79 1,250,000.00 FHLMC K069 A2

3.187% Due 9/25/2027

0.00 3,319.79 3,319.79
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 50 239 Cash Flow Report
As of September 30, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 03/25/2024 Paydown 3137BTUM1 900,000.00 FHLMC K061 A2

3.347% Due 11/25/2026

0.00 2,510.25 2,510.25
03/31/2024 Interest 912828ZF0 2,000,000.00 US Treasury Note

0.5% Due 3/31/2025

0.00 5,000.00 5,000.00
03/31/2024 Interest 91282CEF4 2,500,000.00 US Treasury Note

2.5% Due 3/31/2027

0.00 31,250.00 31,250.00
03/31/2024 Interest 9128286L9 2,500,000.00 US Treasury Note

2.25% Due 3/31/2026

0.00 28,125.00 28,125.00
03/31/2024 Interest 9128285C0 3,250,000.00 US Treasury Note 3% Due 9/30/2025

0.00 48,750.00 48,750.00
03/31/2024 Interest 91282CFM8 1,600,000.00 US Treasury Note

4.125% Due 9/30/2027

0.00 33,000.00 33,000.00
MAR 2024 3,785,420.03 368,034.82 4,153,454.85
04/10/2024 Interest 57629W6F2 750,000.00 Mass Mutual Global funding Note

4.5% Due 4/10/2026

0.00 16,875.00 16,875.00
04/15/2024 Maturity 91282CBV2 1,100,000.00 US Treasury Note

0.375% Due 4/15/2024
1,100,000.00 2,062.50 1,102,062.50
04/15/2024 Paydown 02582JJT8 905,000.00 American Express Credit Trust 2022-2 A

3.39% Due 5/17/2027

0.00 2,556.63 2,556.63
04/15/2024 Paydown 89237VAB5 8,217.82 Toyota Auto Receivables Trust 2020-C A3

0.44% Due 10/15/2024
632.14 1.62 633.76
04/15/2024 Paydown 44933LAC7 186,811.76 Hyundai Auto Receivables Trust 2021-A A3

0.38% Due 9/15/2025
23,370.44 14.80 23,385.24
04/15/2024 Paydown 47789QAC4 306,399.94 John Deere Owner Trust 2021-B A3

0.52% Due 3/16/2026
17,018.32 88.54 17,106.86
04/15/2024 Paydown 44934KAC8 548,530.17 Hyundai Auto Receivables Trust 2021-B A3

0.38% Due 1/15/2026
45,712.94 86.87 45,799.81
04/15/2024 Paydown 47787JAC2 410,000.00 John Deere Owner Trust 2022-A A3

2.32% Due 9/16/2026
16,962.59 596.78 17,559.37
04/15/2024 Paydown 89236XAC0 35,341.61 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025
2,223.13 6.36 2,229.49
04/15/2024 Paydown 161571HT4 1,320,000.00 Chase Issuance Trust 23-A1 A

5.16% Due 9/15/2028

0.00 5,676.00 5,676.00
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 51 240 Cash Flow Report
As of September 30, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 04/15/2024 Paydown 47788UAC6 153,397.76 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
11,799.82 24.80 11,824.62
04/16/2024 Paydown 36265WAD5 320,000.00 GM Financial Securitized Auto 2022-3 A3

3.64% Due 4/16/2027
17,299.60 970.67 18,270.27
04/16/2024 Paydown 362554AC1 215,563.72 GM Financial Securitized Term 2021-4 A3

0.68% Due 9/16/2026
11,968.77 81.49 12,050.26
04/16/2024 Paydown 380146AC4 213,035.27 GM Financial Auto Receivables 2022-1 A3

1.26% Due 11/16/2026
10,486.61 158.62 10,645.23
04/18/2024 Paydown 43815PAC3 365,000.00 Honda Auto Receivables 2022-2 A3

3.73% Due 7/20/2026
19,173.41 1,074.96 20,248.37
04/20/2024 Paydown 92348KAV5 415,000.00 Verizon Master Trust 2022-5 A1A

3.72% Due 7/20/2027
24,034.11 1,064.36 25,098.47
04/20/2024 Paydown 379929AD4 280,000.00 GM Financial Auto Leasing 2023-3 A3

5.38% Due 11/20/2026

0.00 1,255.33 1,255.33
04/21/2024 Paydown 43815GAC3 282,855.95 Honda Auto Receivables Trust 2021-4 A3

0.88% Due 1/21/2026
16,630.81 134.31 16,765.12
04/25/2024 Interest 06406RBC0 900,000.00 Bank of NY Mellon Corp Callable Note Cont 3/25/2025

3.35% Due 4/25/2025

0.00 15,075.00 15,075.00
04/25/2024 Paydown 3137BTUM1 900,000.00 FHLMC K061 A2

3.347% Due 11/25/2026

0.00 2,510.25 2,510.25
04/25/2024 Paydown 3137F4X72 1,165,000.00 FHLMC K075 A2

3.65% Due 2/25/2028

0.00 3,543.54 3,543.54
04/25/2024 Paydown 3137FBU79 1,250,000.00 FHLMC K069 A2

3.187% Due 9/25/2027

0.00 3,319.79 3,319.79
04/25/2024 Paydown 05593AAC3 155,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025

0.00 666.50 666.50
04/25/2024 Paydown 3137BM7C4 1,223,000.00 FHLMC K051 A2

3.308% Due 9/25/2025

0.00 3,371.40 3,371.40
04/25/2024 Paydown 3137BSP72 2,000,000.00 FHLMC K058 A2

2.653% Due 8/25/2026

0.00 4,421.67 4,421.67
04/25/2024 Paydown 05602RAD3 350,000.00 BMW Vehicle Owner Trust 2022-A A3

3.21% Due 8/25/2026
24,932.08 421.95 25,354.03
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 52 241 Cash Flow Report
As of September 30, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 04/25/2024 Paydown 3137BVZ82 862,000.00 FHLMC K063

3.43% Due 1/25/2027

0.00 2,463.89 2,463.89
04/25/2024 Paydown 3137F1G44 1,000,000.00 FHLMC K065 A2

3.243% Due 4/25/2027

0.00 2,702.50 2,702.50
04/30/2024 Interest 912828YM6 1,700,000.00 US Treasury Note

1.5% Due 10/31/2024

0.00 12,750.00 12,750.00
04/30/2024 Interest 9128285J5 2,500,000.00 US Treasury Note 3% Due 10/31/2025

0.00 37,500.00 37,500.00
04/30/2024 Interest 912828ZL7 2,000,000.00 US Treasury Note

0.375% Due 4/30/2025

0.00 3,750.00 3,750.00
APR 2024 1,342,244.77 125,226.13 1,467,470.90
05/01/2024 Interest 74456QBU9 750,000.00 Public Service El & Gas Callable Note Cont 02/01/28

3.7% Due 5/1/2028

0.00 13,875.00 13,875.00
05/03/2024 Interest 00440EAV9 1,000,000.00 Chubb INA Holdings Inc Callable Note Cont 2/3/2026

3.35% Due 5/3/2026

0.00 16,750.00 16,750.00
05/10/2024 Interest 665859AW4 1,000,000.00 Northern Trust Company Callable Note Cont 4/10/2027
4% Due 5/10/2027

0.00 20,000.00 20,000.00
05/12/2024 Maturity 023135BW5 805,000.00 Amazon.com Inc Note

0.45% Due 5/12/2024
805,000.00 1,811.25 806,811.25
05/13/2024 Interest 14913R2V8 480,000.00 Caterpillar Financial Service Note

3.4% Due 5/13/2025

0.00 8,160.00 8,160.00
05/15/2024 Interest 912828M56 2,500,000.00 US Treasury Note

2.25% Due 11/15/2025

0.00 28,125.00 28,125.00
05/15/2024 Interest 912828U24 3,000,000.00 US Treasury Note 2% Due 11/15/2026

0.00 30,000.00 30,000.00
05/15/2024 Interest 91282CDH1 2,000,000.00 US Treasury Note

0.75% Due 11/15/2024

0.00 7,500.00 7,500.00
05/15/2024 Interest 341081GN1 1,500,000.00 Florida Power and Light Callable Note Cont 3/15/2028

4.4% Due 5/15/2028

0.00 33,000.00 33,000.00
05/15/2024 Interest 9128283F5 1,400,000.00 US Treasury Note

2.25% Due 11/15/2027

0.00 15,750.00 15,750.00
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 53 242 Cash Flow Report
As of September 30, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 05/15/2024 Maturity 91282CCC3 1,000,000.00 US Treasury Note

0.25% Due 5/15/2024
1,000,000.00 1,250.00 1,001,250.00
05/15/2024 Maturity 91324PEB4 425,000.00 United Health Group Inc Callable Note Cont 5/15/2022

0.55% Due 5/15/2024
425,000.00 1,168.75 426,168.75
05/15/2024 Paydown 47789QAC4 306,399.94 John Deere Owner Trust 2021-B A3

0.52% Due 3/16/2026
17,019.87 81.17 17,101.04
05/15/2024 Paydown 89237VAB5 8,217.82 Toyota Auto Receivables Trust 2020-C A3

0.44% Due 10/15/2024
632.37 1.39 633.76
05/15/2024 Paydown 89236XAC0 35,341.61 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025
2,214.26 5.72 2,219.98
05/15/2024 Paydown 02582JJT8 905,000.00 American Express Credit Trust 2022-2 A

3.39% Due 5/17/2027

0.00 2,556.63 2,556.63
05/15/2024 Paydown 161571HT4 1,320,000.00 Chase Issuance Trust 23-A1 A

5.16% Due 9/15/2028

0.00 5,676.00 5,676.00
05/15/2024 Paydown 44934KAC8 548,530.17 Hyundai Auto Receivables Trust 2021-B A3

0.38% Due 1/15/2026
45,717.13 72.40 45,789.53
05/15/2024 Paydown 47788UAC6 153,397.76 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
11,803.66 21.26 11,824.92
05/15/2024 Paydown 44933LAC7 186,811.76 Hyundai Auto Receivables Trust 2021-A A3

0.38% Due 9/15/2025
23,378.04 7.40 23,385.44
05/15/2024 Paydown 47787JAC2 410,000.00 John Deere Owner Trust 2022-A A3

2.32% Due 9/16/2026
16,984.35 563.99 17,548.34
05/16/2024 Paydown 36265WAD5 320,000.00 GM Financial Securitized Auto 2022-3 A3

3.64% Due 4/16/2027
17,354.91 918.19 18,273.10
05/16/2024 Paydown 362554AC1 215,563.72 GM Financial Securitized Term 2021-4 A3

0.68% Due 9/16/2026
11,971.56 74.71 12,046.27
05/16/2024 Paydown 380146AC4 213,035.27 GM Financial Auto Receivables 2022-1 A3

1.26% Due 11/16/2026
10,532.58 147.61 10,680.19
05/18/2024 Paydown 43815PAC3 365,000.00 Honda Auto Receivables 2022-2 A3

3.73% Due 7/20/2026
19,178.04 1,015.36 20,193.40
05/20/2024 Paydown 92348KAV5 415,000.00 Verizon Master Trust 2022-5 A1A

3.72% Due 7/20/2027
24,108.61 989.86 25,098.47
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 54 243 Cash Flow Report
As of September 30, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 05/20/2024 Paydown 379929AD4 280,000.00 GM Financial Auto Leasing 2023-3 A3

5.38% Due 11/20/2026

0.00 1,255.33 1,255.33
05/21/2024 Paydown 43815GAC3 282,855.95 Honda Auto Receivables Trust 2021-4 A3

0.88% Due 1/21/2026
16,634.69 122.12 16,756.81
05/25/2024 Paydown 05593AAC3 155,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025

0.00 666.50 666.50
05/25/2024 Paydown 3137F4X72 1,165,000.00 FHLMC K075 A2

3.65% Due 2/25/2028

0.00 3,543.54 3,543.54
05/25/2024 Paydown 3137FBU79 1,250,000.00 FHLMC K069 A2

3.187% Due 9/25/2027

0.00 3,319.79 3,319.79
05/25/2024 Paydown 05602RAD3 350,000.00 BMW Vehicle Owner Trust 2022-A A3

3.21% Due 8/25/2026
22,889.79 355.26 23,245.05
05/25/2024 Paydown 3137BM7C4 1,223,000.00 FHLMC K051 A2

3.308% Due 9/25/2025

0.00 3,371.40 3,371.40
05/25/2024 Paydown 3137BSP72 2,000,000.00 FHLMC K058 A2

2.653% Due 8/25/2026

0.00 4,421.67 4,421.67
05/25/2024 Paydown 3137BTUM1 900,000.00 FHLMC K061 A2

3.347% Due 11/25/2026

0.00 2,510.25 2,510.25
05/25/2024 Paydown 3137F1G44 1,000,000.00 FHLMC K065 A2

3.243% Due 4/25/2027

0.00 2,702.50 2,702.50
05/25/2024 Paydown 3137BVZ82 862,000.00 FHLMC K063

3.43% Due 1/25/2027

0.00 2,463.89 2,463.89
05/31/2024 Interest 912828ZT0 1,800,000.00 US Treasury Note

0.25% Due 5/31/2025

0.00 2,250.00 2,250.00
MAY 2024 2,470,419.86 216,503.94 2,686,923.80
06/01/2024 Interest 438516CB0 1,000,000.00 Honeywell Intl Callable Note Cont 5/1/2025

1.35% Due 6/1/2025

0.00 6,750.00 6,750.00
06/01/2024 Interest 023135CN4 425,000.00 Amazon.com Inc Note

4.6% Due 12/1/2025

0.00 9,775.00 9,775.00
06/06/2024 Interest 89115A2A9 1,000,000.00 Toronto-Dominion Bank Note

3.766% Due 6/6/2025

0.00 18,830.00 18,830.00
06/07/2024 Maturity 24422EVQ9 760,000.00 John Deere Capital Corp Note

0.45% Due 6/7/2024
760,000.00 1,710.00 761,710.00
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 55 244 Cash Flow Report
As of September 30, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 06/09/2024 Interest 3130AWC24 2,000,000.00 FHLB Note
4% Due 6/9/2028

0.00 40,000.00 40,000.00
06/09/2024 Interest 3130AVVX7 1,120,000.00 FHLB Note

3.75% Due 6/9/2028

0.00 21,000.00 21,000.00
06/12/2024 Interest 3130AWLZ1 2,000,000.00 FHLB Note

4.75% Due 6/12/2026

0.00 47,500.00 47,500.00
06/14/2024 Maturity 3130A1XJ2 2,000,000.00 FHLB Note

2.875% Due 6/14/2024
2,000,000.00 28,750.00 2,028,750.00
06/14/2024 Maturity 06051GJY6 960,000.00 Bank of America Corp Callable Note Cont 6/14/2023

5.71% Due 6/14/2024
960,000.00 14,033.07 974,033.07
06/15/2024 Interest 91282CDN8 900,000.00 US Treasury Note 1% Due 12/15/2024

0.00 4,500.00 4,500.00
06/15/2024 Interest 63743HFE7 1,105,000.00 National Rural Utilities Note

3.45% Due 6/15/2025

0.00 19,061.25 19,061.25
06/15/2024 Paydown 47788UAC6 153,397.76 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
11,807.49 17.72 11,825.21
06/15/2024 Paydown 02582JJT8 905,000.00 American Express Credit Trust 2022-2 A

3.39% Due 5/17/2027

0.00 2,556.63 2,556.63
06/15/2024 Paydown 44934KAC8 548,530.17 Hyundai Auto Receivables Trust 2021-B A3

0.38% Due 1/15/2026
45,721.32 57.92 45,779.24
06/15/2024 Paydown 47787JAC2 410,000.00 John Deere Owner Trust 2022-A A3

2.32% Due 9/16/2026
17,006.15 531.15 17,537.30
06/15/2024 Paydown 89237VAB5 8,217.82 Toyota Auto Receivables Trust 2020-C A3

0.44% Due 10/15/2024
632.60 1.16 633.76
06/15/2024 Paydown 161571HT4 1,320,000.00 Chase Issuance Trust 23-A1 A

5.16% Due 9/15/2028

0.00 5,676.00 5,676.00
06/15/2024 Paydown 47789QAC4 306,399.94 John Deere Owner Trust 2021-B A3

0.52% Due 3/16/2026
17,021.44 73.79 17,095.23
06/15/2024 Paydown 89236XAC0 35,341.61 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025
2,205.32 5.07 2,210.39
06/16/2024 Paydown 380146AC4 213,035.27 GM Financial Auto Receivables 2022-1 A3

1.26% Due 11/16/2026
10,578.75 136.55 10,715.30
06/16/2024 Paydown 362554AC1 215,563.72 GM Financial Securitized Term 2021-4 A3

0.68% Due 9/16/2026
11,974.35 67.93 12,042.28
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 56 245 Cash Flow Report
As of September 30, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 06/16/2024 Paydown 36265WAD5 320,000.00 GM Financial Securitized Auto 2022-3 A3

3.64% Due 4/16/2027
17,410.38 865.55 18,275.93
06/18/2024 Maturity 89236TJH9 1,140,000.00 Toyota Motor Credit Corp Note

0.5% Due 6/18/2024
1,140,000.00 2,850.00 1,142,850.00
06/18/2024 Paydown 43815PAC3 365,000.00 Honda Auto Receivables 2022-2 A3

3.73% Due 7/20/2026
19,182.68 955.75 20,138.43
06/20/2024 Interest 58989V2F0 1,000,000.00 Met Tower Global Funding Note

5.4% Due 6/20/2026

0.00 27,000.00 27,000.00
06/20/2024 Interest 3130AQF40 1,400,000.00 FHLB Note
1% Due 12/20/2024

0.00 7,000.00 7,000.00
06/20/2024 Paydown 379929AD4 280,000.00 GM Financial Auto Leasing 2023-3 A3

5.38% Due 11/20/2026

0.00 1,255.33 1,255.33
06/20/2024 Paydown 92348KAV5 415,000.00 Verizon Master Trust 2022-5 A1A

3.72% Due 7/20/2027
24,183.35 915.12 25,098.47
06/21/2024 Paydown 43815GAC3 282,855.95 Honda Auto Receivables Trust 2021-4 A3

0.88% Due 1/21/2026
16,638.57 109.92 16,748.49
06/25/2024 Paydown 3137BM7C4 1,223,000.00 FHLMC K051 A2

3.308% Due 9/25/2025

0.00 3,371.40 3,371.40
06/25/2024 Paydown 3137BSP72 2,000,000.00 FHLMC K058 A2

2.653% Due 8/25/2026

0.00 4,421.67 4,421.67
06/25/2024 Paydown 3137F4X72 1,165,000.00 FHLMC K075 A2

3.65% Due 2/25/2028

0.00 3,543.54 3,543.54
06/25/2024 Paydown 05593AAC3 155,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025
15,234.44 666.50 15,900.94
06/25/2024 Paydown 05602RAD3 350,000.00 BMW Vehicle Owner Trust 2022-A A3

3.21% Due 8/25/2026
20,843.57 294.03 21,137.60
06/25/2024 Paydown 3137BTUM1 900,000.00 FHLMC K061 A2

3.347% Due 11/25/2026

0.00 2,510.25 2,510.25
06/25/2024 Paydown 3137BVZ82 862,000.00 FHLMC K063

3.43% Due 1/25/2027

0.00 2,463.89 2,463.89
06/25/2024 Paydown 3137F1G44 1,000,000.00 FHLMC K065 A2

3.243% Due 4/25/2027

0.00 2,702.50 2,702.50
06/25/2024 Paydown 3137FBU79 1,250,000.00 FHLMC K069 A2

3.187% Due 9/25/2027

0.00 3,319.79 3,319.79
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 57 246 Cash Flow Report
As of September 30, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 06/30/2024 Interest 91282CEW7 1,300,000.00 US Treasury Note

3.25% Due 6/30/2027

0.00 21,125.00 21,125.00
06/30/2024 Interest 9128285T3 2,500,000.00 US Treasury Note

2.625% Due 12/31/2025

0.00 32,812.50 32,812.50
JUN 2024 5,090,440.41 339,215.98 5,429,656.39
07/02/2024 Maturity 3135G0V75 2,000,000.00 FNMA Note

1.75% Due 7/2/2024
2,000,000.00 17,500.00 2,017,500.00
07/06/2024 Interest 3133ENKS8 755,000.00 FFCB Note

1.125% Due 1/6/2025

0.00 4,246.88 4,246.88
07/12/2024 Interest 459058KT9 500,000.00 Intl. Bank Recon & Development Note

3.5% Due 7/12/2028

0.00 8,750.00 8,750.00
07/15/2024 Maturity 79466LAG9 200,000.00 Salesforce.com Inc Callable Note Cont 7/15/2022

0.625% Due 7/15/2024
200,000.00 625.00 200,625.00
07/15/2024 Paydown 89236XAC0 35,341.61 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025
2,196.27 4.43 2,200.70
07/15/2024 Paydown 161571HT4 1,320,000.00 Chase Issuance Trust 23-A1 A

5.16% Due 9/15/2028

0.00 5,676.00 5,676.00
07/15/2024 Paydown 44934KAC8 548,530.17 Hyundai Auto Receivables Trust 2021-B A3

0.38% Due 1/15/2026
45,725.52 43.44 45,768.96
07/15/2024 Paydown 47787JAC2 410,000.00 John Deere Owner Trust 2022-A A3

2.32% Due 9/16/2026
17,027.98 498.27 17,526.25
07/15/2024 Paydown 47789QAC4 306,399.94 John Deere Owner Trust 2021-B A3

0.52% Due 3/16/2026
17,023.00 66.41 17,089.41
07/15/2024 Paydown 89237VAB5 8,217.82 Toyota Auto Receivables Trust 2020-C A3

0.44% Due 10/15/2024
632.83 0.93 633.76
07/15/2024 Paydown 02582JJT8 905,000.00 American Express Credit Trust 2022-2 A

3.39% Due 5/17/2027

0.00 2,556.63 2,556.63
07/15/2024 Paydown 47788UAC6 153,397.76 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
11,811.33 14.18 11,825.51
07/16/2024 Paydown 380146AC4 213,035.27 GM Financial Auto Receivables 2022-1 A3

1.26% Due 11/16/2026
10,625.11 125.45 10,750.56
07/16/2024 Paydown 362554AC1 215,563.72 GM Financial Securitized Term 2021-4 A3

0.68% Due 9/16/2026
11,977.15 61.14 12,038.29
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 58 247 Cash Flow Report
As of September 30, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 07/16/2024 Paydown 36265WAD5 320,000.00 GM Financial Securitized Auto 2022-3 A3

3.64% Due 4/16/2027
17,466.04 812.74 18,278.78
07/17/2024 Interest 61747YET8 1,000,000.00 Morgan Stanley Callable Note Cont 7/17/2025

4.679% Due 7/17/2026

0.00 23,395.00 23,395.00
07/18/2024 Paydown 43815PAC3 365,000.00 Honda Auto Receivables 2022-2 A3

3.73% Due 7/20/2026
19,187.32 896.12 20,083.44
07/20/2024 Paydown 379929AD4 280,000.00 GM Financial Auto Leasing 2023-3 A3

5.38% Due 11/20/2026

0.00 1,255.33 1,255.33
07/20/2024 Paydown 92348KAV5 415,000.00 Verizon Master Trust 2022-5 A1A

3.72% Due 7/20/2027
24,258.32 840.15 25,098.47
07/21/2024 Interest 78016EYM3 1,000,000.00 Royal Bank of Canada Note

1.6% Due 1/21/2025

0.00 8,000.00 8,000.00
07/21/2024 Paydown 43815GAC3 282,855.95 Honda Auto Receivables Trust 2021-4 A3

0.88% Due 1/21/2026
16,642.45 97.72 16,740.17
07/25/2024 Paydown 3137F4X72 1,165,000.00 FHLMC K075 A2

3.65% Due 2/25/2028

0.00 3,543.54 3,543.54
07/25/2024 Paydown 05602RAD3 350,000.00 BMW Vehicle Owner Trust 2022-A A3

3.21% Due 8/25/2026
18,793.40 238.27 19,031.67
07/25/2024 Paydown 3137BM7C4 1,223,000.00 FHLMC K051 A2

3.308% Due 9/25/2025

0.00 3,371.40 3,371.40
07/25/2024 Paydown 3137BSP72 2,000,000.00 FHLMC K058 A2

2.653% Due 8/25/2026

0.00 4,421.67 4,421.67
07/25/2024 Paydown 3137F1G44 1,000,000.00 FHLMC K065 A2

3.243% Due 4/25/2027

0.00 2,702.50 2,702.50
07/25/2024 Paydown 3137BTUM1 900,000.00 FHLMC K061 A2

3.347% Due 11/25/2026

0.00 2,510.25 2,510.25
07/25/2024 Paydown 05593AAC3 155,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025
15,292.86 600.99 15,893.85
07/25/2024 Paydown 3137BVZ82 862,000.00 FHLMC K063

3.43% Due 1/25/2027

0.00 2,463.89 2,463.89
07/25/2024 Paydown 3137FBU79 1,250,000.00 FHLMC K069 A2

3.187% Due 9/25/2027

0.00 3,319.79 3,319.79
07/30/2024 Maturity 91159HHX1 1,000,000.00 US Bancorp Callable Note Cont 6/28/2024

2.4% Due 7/30/2024
1,000,000.00 12,000.00 1,012,000.00
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 59 248 Cash Flow Report
As of September 30, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 07/31/2024 Interest 912828Z52 2,000,000.00 US Treasury Note

1.375% Due 1/31/2025

0.00 13,750.00 13,750.00
07/31/2024 Interest 91282CAB7 2,000,000.00 US Treasury Note

0.25% Due 7/31/2025

0.00 2,500.00 2,500.00
07/31/2024 Interest 91282CFB2 2,000,000.00 US Treasury Note

2.75% Due 7/31/2027

0.00 27,500.00 27,500.00
JUL 2024 3,428,659.58 154,388.12 3,583,047.70
08/06/2024 Interest 857477BR3 335,000.00 State Street Bank Callable Note Cont 2/6/2025

1.746% Due 2/6/2026

0.00 2,924.55 2,924.55
08/09/2024 Maturity 69371RR40 245,000.00 Paccar Financial Corp Note

0.5% Due 8/9/2024
245,000.00 612.50 245,612.50
08/10/2024 Interest 69371RS56 450,000.00 Paccar Financial Corp Note

5.05% Due 8/10/2026

0.00 11,362.50 11,362.50
08/12/2024 Interest 14913R2Z9 1,375,000.00 Caterpillar Financial Service Note

3.65% Due 8/12/2025

0.00 25,093.75 25,093.75
08/14/2024 Interest 3133EPSW6 2,405,000.00 FFCB Note

4.5% Due 8/14/2026

0.00 54,112.50 54,112.50
08/14/2024 Interest 3133ENPG9 1,200,000.00 FFCB Note

1.75% Due 2/14/2025

0.00 10,500.00 10,500.00
08/15/2024 Interest 26442UAA2 1,000,000.00 Duke Energy Progress LLC Callable Note Cont 5/15/25

3.25% Due 8/15/2025

0.00 16,250.00 16,250.00
08/15/2024 Maturity 91282CCT6 2,000,000.00 US Treasury Note

0.375% Due 8/15/2024
2,000,000.00 3,750.00 2,003,750.00
08/15/2024 Paydown 44934KAC8 548,530.17 Hyundai Auto Receivables Trust 2021-B A3

0.38% Due 1/15/2026
45,729.71 28.96 45,758.67
08/15/2024 Paydown 47787JAC2 410,000.00 John Deere Owner Trust 2022-A A3

2.32% Due 9/16/2026
17,049.83 465.35 17,515.18
08/15/2024 Paydown 89236XAC0 35,341.61 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025
2,187.14 3.79 2,190.93
08/15/2024 Paydown 47788UAC6 153,397.76 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
11,815.16 10.64 11,825.80
08/15/2024 Paydown 161571HT4 1,320,000.00 Chase Issuance Trust 23-A1 A

5.16% Due 9/15/2028

0.00 5,676.00 5,676.00
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 60 249 Cash Flow Report
As of September 30, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 08/15/2024 Paydown 47789QAC4 306,399.94 John Deere Owner Trust 2021-B A3

0.52% Due 3/16/2026
17,024.55 59.04 17,083.59
08/15/2024 Paydown 02582JJT8 905,000.00 American Express Credit Trust 2022-2 A

3.39% Due 5/17/2027

0.00 2,556.63 2,556.63
08/15/2024 Paydown 89237VAB5 8,217.82 Toyota Auto Receivables Trust 2020-C A3

0.44% Due 10/15/2024
633.06 0.70 633.76
08/16/2024 Paydown 380146AC4 213,035.27 GM Financial Auto Receivables 2022-1 A3

1.26% Due 11/16/2026
10,671.69 114.29 10,785.98
08/16/2024 Paydown 362554AC1 215,563.72 GM Financial Securitized Term 2021-4 A3

0.68% Due 9/16/2026
11,979.95 54.35 12,034.30
08/16/2024 Paydown 36265WAD5 320,000.00 GM Financial Securitized Auto 2022-3 A3

3.64% Due 4/16/2027
17,521.87 759.76 18,281.63
08/18/2024 Interest 06428CAA2 1,000,000.00 Bank Of America NA Callable Note cont 7/17/2026

5.526% Due 8/18/2026

0.00 27,630.00 27,630.00
08/18/2024 Paydown 43815PAC3 365,000.00 Honda Auto Receivables 2022-2 A3

3.73% Due 7/20/2026
19,191.95 836.48 20,028.43
08/20/2024 Paydown 92348KAV5 415,000.00 Verizon Master Trust 2022-5 A1A

3.72% Due 7/20/2027
24,333.52 764.95 25,098.47
08/20/2024 Paydown 379929AD4 280,000.00 GM Financial Auto Leasing 2023-3 A3

5.38% Due 11/20/2026

0.00 1,255.33 1,255.33
08/21/2024 Paydown 43815GAC3 282,855.95 Honda Auto Receivables Trust 2021-4 A3

0.88% Due 1/21/2026
16,646.34 85.51 16,731.85
08/23/2024 Interest 037833BY5 1,000,000.00 Apple Inc Callable Note Cont 11/23/2025

3.25% Due 2/23/2026

0.00 16,250.00 16,250.00
08/25/2024 Paydown 3137BSP72 2,000,000.00 FHLMC K058 A2

2.653% Due 8/25/2026

0.00 4,421.67 4,421.67
08/25/2024 Paydown 05602RAD3 350,000.00 BMW Vehicle Owner Trust 2022-A A3

3.21% Due 8/25/2026
16,739.27 188.00 16,927.27
08/25/2024 Paydown 3137BM7C4 1,223,000.00 FHLMC K051 A2

3.308% Due 9/25/2025
85,389.92 3,371.40 88,761.32
08/25/2024 Paydown 3137BVZ82 862,000.00 FHLMC K063

3.43% Due 1/25/2027

0.00 2,463.89 2,463.89
08/25/2024 Paydown 3137F1G44 1,000,000.00 FHLMC K065 A2

3.243% Due 4/25/2027

0.00 2,702.50 2,702.50
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 61 250 Cash Flow Report
As of September 30, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 08/25/2024 Paydown 05593AAC3 155,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025
15,351.49 535.23 15,886.72
08/25/2024 Paydown 3137BTUM1 900,000.00 FHLMC K061 A2

3.347% Due 11/25/2026

0.00 2,510.25 2,510.25
08/25/2024 Paydown 3137F4X72 1,165,000.00 FHLMC K075 A2

3.65% Due 2/25/2028

0.00 3,543.54 3,543.54
08/25/2024 Paydown 3137FBU79 1,250,000.00 FHLMC K069 A2

3.187% Due 9/25/2027
30,930.97 3,319.79 34,250.76
08/31/2024 Interest 912828ZC7 1,200,000.00 US Treasury Note

1.125% Due 2/28/2025

0.00 6,750.00 6,750.00
08/31/2024 Interest 91282CAJ0 1,000,000.00 US Treasury Note

0.25% Due 8/31/2025

0.00 1,250.00 1,250.00
08/31/2024 Interest 91282CFH9 2,500,000.00 US Treasury Note

3.125% Due 8/31/2027

0.00 39,062.50 39,062.50
AUG 2024 2,588,196.42 251,276.35 2,839,472.77
09/11/2024 Interest 3130AWTQ3 4,500,000.00 FHLB Note

4.625% Due 9/11/2026

0.00 104,062.50 104,062.50
09/15/2024 Interest 437076CR1 1,000,000.00 Home Depot Callable Note Cont 8/15/2025 4% Due 9/15/2025

0.00 20,000.00 20,000.00
09/15/2024 Maturity 91282CCX7 1,800,000.00 US Treasury Note

0.375% Due 9/15/2024
1,800,000.00 3,375.00 1,803,375.00
09/15/2024 Paydown 47787JAC2 410,000.00 John Deere Owner Trust 2022-A A3

2.32% Due 9/16/2026
17,071.71 432.39 17,504.10
09/15/2024 Paydown 89236XAC0 35,341.61 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025
2,177.92 3.15 2,181.07
09/15/2024 Paydown 47789QAC4 306,399.94 John Deere Owner Trust 2021-B A3

0.52% Due 3/16/2026
17,026.12 51.66 17,077.78
09/15/2024 Paydown 89237VAB5 8,217.82 Toyota Auto Receivables Trust 2020-C A3

0.44% Due 10/15/2024
633.30 0.46 633.76
09/15/2024 Paydown 02582JJT8 905,000.00 American Express Credit Trust 2022-2 A

3.39% Due 5/17/2027

0.00 2,556.63 2,556.63
09/15/2024 Paydown 161571HT4 1,320,000.00 Chase Issuance Trust 23-A1 A

5.16% Due 9/15/2028

0.00 5,676.00 5,676.00
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 62 251 Cash Flow Report
As of September 30, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 09/15/2024 Paydown 44934KAC8 548,530.17 Hyundai Auto Receivables Trust 2021-B A3

0.38% Due 1/15/2026
45,733.90 14.48 45,748.38
09/15/2024 Paydown 47788UAC6 153,397.76 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
11,819.01 7.09 11,826.10
09/16/2024 Paydown 36265WAD5 320,000.00 GM Financial Securitized Auto 2022-3 A3

3.64% Due 4/16/2027
17,577.88 706.61 18,284.49
09/16/2024 Paydown 380146AC4 213,035.27 GM Financial Auto Receivables 2022-1 A3

1.26% Due 11/16/2026
10,718.47 103.08 10,821.55
09/16/2024 Paydown 362554AC1 215,563.72 GM Financial Securitized Term 2021-4 A3

0.68% Due 9/16/2026
11,982.75 47.56 12,030.31
09/18/2024 Paydown 43815PAC3 365,000.00 Honda Auto Receivables 2022-2 A3

3.73% Due 7/20/2026
19,196.59 776.83 19,973.42
09/20/2024 Paydown 92348KAV5 415,000.00 Verizon Master Trust 2022-5 A1A

3.72% Due 7/20/2027
24,408.95 689.52 25,098.47
09/20/2024 Paydown 379929AD4 280,000.00 GM Financial Auto Leasing 2023-3 A3

5.38% Due 11/20/2026

0.00 1,255.33 1,255.33
09/21/2024 Paydown 43815GAC3 282,855.95 Honda Auto Receivables Trust 2021-4 A3

0.88% Due 1/21/2026
16,650.23 73.30 16,723.53
09/23/2024 Maturity 4581X0DZ8 1,585,000.00 Inter-American Dev Bank Note

0.5% Due 9/23/2024
1,585,000.00 3,962.50 1,588,962.50
09/25/2024 Paydown 05593AAC3 155,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025
15,410.35 469.22 15,879.57
09/25/2024 Paydown 3137F4X72 1,165,000.00 FHLMC K075 A2

3.65% Due 2/25/2028

0.00 3,543.54 3,543.54
09/25/2024 Paydown 3137FBU79 1,250,000.00 FHLMC K069 A2

3.187% Due 9/25/2027
31,032.96 3,237.64 34,270.60
09/25/2024 Paydown 05602RAD3 350,000.00 BMW Vehicle Owner Trust 2022-A A3

3.21% Due 8/25/2026
14,681.19 143.22 14,824.41
09/25/2024 Paydown 3137BM7C4 1,223,000.00 FHLMC K051 A2

3.308% Due 9/25/2025
85,688.36 3,136.01 88,824.37
09/25/2024 Paydown 3137BSP72 2,000,000.00 FHLMC K058 A2

2.653% Due 8/25/2026

0.00 4,421.67 4,421.67
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 63 252 Cash Flow Report
As of September 30, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 09/25/2024 Paydown 3137BTUM1 900,000.00 FHLMC K061 A2

3.347% Due 11/25/2026

0.00 2,510.25 2,510.25
09/25/2024 Paydown 3137F1G44 1,000,000.00 FHLMC K065 A2

3.243% Due 4/25/2027

0.00 2,702.50 2,702.50
09/25/2024 Paydown 3137BVZ82 862,000.00 FHLMC K063

3.43% Due 1/25/2027

0.00 2,463.89 2,463.89
SEP 2024 3,726,809.69 166,422.03 3,893,231.72
TOTAL 41,625,146.20 2,839,295.22 44,464,441.42
Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 64 253 Important Disclosures
City of Murrieta
Account
Chandler Asset Management, Inc. ;͞Chandler͟Ϳis an SEC registered investment adviser. For additional information about our firm, please see our current disclosures (Form ADV). To obtain a copy of our current disclosures, you may contact your client service representative by calling the number on the front of this statement or you may visit our website at www.chandlerasset.com.

Information contained in this monthly statement is confidential and is provided for informational purposes only and should not be construed as specific investment or legal advice. The information contained herein was obtained from sources believed to be reliable as of the date of this statement, but may become outdated or superseded at any time without notice.

Custody: Your qualified custodian bank maintains control of all assets reflected in this statement and we urge you to compare this statement to the one you receive from your qualified custodian. Chandler does not have any authority to withdraw or deposit funds from/to the custodian account.

Valuation: Prices are provided by IDC, an independent pricing source. In the event IDC does not provide a price or if the price provided is not reflective of fair market value, Chandler will obtain pricing from an alternative approved third party pricing source in accordance with our written valuation policy and procedures. Our valuation procedures are also disclosed in Item 5 of our Form ADV Part 2A.

Performance: Performance results are presented gross-of-advisory fees and represent the client͛s Total Return. The deduction of advisory fees lowers performance results. These results include the reinvestment of dividends and other earnings. Past performance may not be indicative of future results. Therefore, clients should not assume that future performance of any specific investment or investment strategy will be profitable or equal to past performance levels. All investment strategies have the potential for profit or loss. Economic factors, market conditions or changes in investment strategies, contributions or withdrawals may materially alter the performance and results of your portfolio.

Source ice Data Indices, LLC ("ICE"), used with permission. ICE PERMITS USE OF THE ICE INDICES AND RELATED DATA ON AN "AS IS" BASIS; ICE, ITS AFFILIATES AND THEIR RESPECTIVE

THIRD PARTY SUPPLIERS DISCLAIM ANY AND ALL WARRANTIES AND REPRESENTATIONS, EXPRESS AND/OR IMPLIED, INCLUDING ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE, INCLUDING THE INDICES, INDEX DATA AND ANY DATA INCLUDED IN, RELATED TO, OR DERIVED THEREFROM. NEITHER ICE DATA, ITS AFFILIATES OR

THEIR RESPECTIVE THIRD PARTY PROVIDERS GUARANTEE THE QUALITY, ADEQUACY, ACCURACY, TIMELINESS OR COMPLETENESS OF THE INDICES OR THE INDEX DATA OR ANY COMPONENT THEREOF, AND THE INDICES AND INDEX DATA AND ALL COMPONENTS THEREOF ARE PROVIDED ON AN "AS IS" BASIS AND LICENSEE'S USE IS AT LICENSEE'S OWN RISK. ICE DATA, ITS AFFILIATES AND THEIR RESPECTIVE THIRD PARTY DO NOT SPONSOR, ENDORSE, OR RECOMMEND CHANDLER, OR ANY OF ITS PRODUCTS OR SERVICES.

Index returns assume reinvestment of all distributions. Historical performance results for investment indexes generally do not reflect the deduction of transaction and/or custodial charges or the deduction of an investment management fee, the incurrence of which would have the effect of decreasing historical performance results. It is not possible to invest directly in an index.

Ratings: Ratings information have been provided by Moody͛s, S&P and Fitch through data feeds we believe to be reliable as of the date of this statement, however we cannot guarantee its accuracy.

Security level ratings for U.S. Agency issued mortgage-backed securities ;͞MBS͟Ϳreflect the issuer rating because the securities themselves are not rated. The issuing U.S. Agency guarantees the full and timely payment of both principal and interest and carries a AA+/Aaa/AAA by S&P, Moody͛s and Fitch respectively.

Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 65 254 Benchmark Index & Disclosures
City of Murrieta
Account
Benchmark Index Disclosure
ICE BofA 1-3 Yr US Treasury Index The ICE BofA 1-3 Year US Treasury Index tracks the performance of US dollar-denominated sovereign debt publicly issued by the US government in its domestic market. Qualifying securities must have at least one year remaining term to final maturity and less than three years remaining term to final maturity, a fixed coupon schedule, and a minimum amount outstanding of $1 billion. Qualifying securities must have at least 18 months to final maturity at the time of issuance.

Execution Time: 10/3/2023 3:59:24 AMChandler Asset Management - CONFIDENTIAL Page 66 255 Murrieta Liquidity - Account

MONTHLY ACCOUNT STATEMENT
SEPTEMBER 1, 2023 THROUGH SEPTEMBER 30, 2023
Information contained herein is confidential. We urge you to compare this statement to the one you receive from your qualified custodian. Please see Important Disclosures.

CHANDLER ASSET MANAGEMENT
chandlerasset.com
Chandler Team:

Custodian
256

ACCOUNT SUMMARY
Beg. Values
as of 8/31/23
End Values
as of 9/30/23
Market Value 10,994,963
Accrued Interest 0 25,719
Total Market Value 11,020,682
Income Earned 23,425
Cont/WD 0
Par 11,171,489
Book Value 10,997,706
Cost Value 10,997,706

TOP ISSUERS
Government of United States 44.5%
First American Govt Obligation 19.7%
Cooperatieve Rabobank UA 18.2%
MUFG Bank Ltd/NY 17.6%
Total 100.0%

PORTFOLIO CHARACTERISTICS
Average Modified Duration 0.41
Average Coupon 5.45%
Average Purchase YTM 5.58%
Average Market YTM 5.61%
Average S&P/Moody Rating AAA/Aaa
Average Final Maturity 0.42 yrs
Average Life 0.17 yrs

CREDIT QUALITY (S&P)

MATURITY DISTRIBUTION

SECTOR ALLOCATION
Portfolio Summary
As of September 30, 2023
Murrieta Liquidity
Account

PERFORMANCE REVIEW
Annualized
TOTAL RATE OF RETURN 1M 3M YTD 1YR 2YRS 3YRS 5YRS 10YRS Execution Time: 10/11/2023 11:05:59 AMChandler Asset Management - CONFIDENTIAL Page 1 257

BOOK VALUE RECONCILIATION
BEGINNING BOOK VALUE $0.00
Acquisition
+ Security Purchases $8,826,216.11
+ Money Market Fund Purchases $0.00
+ Money Market Contributions $11,000,000.00
+ Security Contributions $0.00
+ Security Transfers $0.00
Total Acquisitions $19,826,216.11
Dispositions
- Security Sales $0.00
- Money Market Fund Sales $8,828,510.55
- MMF Withdrawals $0.00
- Security Withdrawals $0.00
- Security Transfers $0.00
- Other Dispositions $0.00
- Maturities $0.00
- Calls $0.00
- Principal Paydowns $0.00
Total Dispositions $8,828,510.55
Amortization/Accretion
+/- Net Accretion $0.00
$0.00
Gain/Loss on Dispositions
+/- Realized Gain/Loss $0.00
$0.00
ENDING BOOK VALUE $10,997,705.56

CASH TRANSACTION SUMMARY
BEGINNING BALANCE $0.00
Acquisition
Contributions $11,000,000.00
Security Sale Proceeds $0.00
Accrued Interest Received $0.00
Interest Received $0.00
Dividend Received $0.00
Principal on Maturities $0.00
Interest on Maturities $0.00
Calls/Redemption (Principal) $0.00
Interest from Calls/Redemption $0.00
Principal Paydown $0.00
Total Acquisitions $11,000,000.00
Dispositions
Withdrawals $0.00
Security Purchase $8,826,216.11
Accrued Interest Paid $2,294.44
Total Dispositions $8,828,510.55
ENDING BOOK VALUE $2,171,489.45
Reconciliation Summary
As of September 30, 2023
Murrieta Liquidity
Account
Execution Time: 10/11/2023 11:05:59 AMChandler Asset Management - CONFIDENTIAL Page 2 258 Holdings Report
As of September 30, 2023
Murrieta Liquidity
Account
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

COMMERCIAL PAPER
62479LDC6 MUFG Bank Ltd Discount CP

5.64% Due 4/12/2024
2,000,000.00 09/13/2023

5.89%
1,933,886.67
1,933,886.67

96.69 5.89%
1,933,886.67
5,326.67

17.60%

0.00 P-1 / A-1
NR

0.53 0.52
Total Commercial Paper 2,000,000.00 5.89%
1,933,886.67
1,933,886.67 5.89%
1,933,886.67
5,326.67

17.60%

0.00 P-1 / A-1
NR

0.53 0.52

MONEY MARKET FUND
31846V567 First American Govt Obligation MMKT
Class-Z
2,171,489.45 09/13/2023

5.21%
2,171,489.45
2,171,489.45

1.00 5.21%
2,171,489.45

0.00 19.70%

0.00 Aaa / AAA
AAA

0.00 0.00
Total Money Market Fund 2,171,489.45 5.21%
2,171,489.45
2,171,489.45 5.21%
2,171,489.45

0.00 19.70%

0.00 Aaa / AAA
AAA

0.00 0.00

NEGOTIABLE CD
21684XH82 Cooperative Rabobank UA Yankee CD

5.9% Due 9/6/2024
2,000,000.00 09/13/2023

5.90%
1,999,872.84
1,999,872.84

99.86 6.04%
1,997,130.00
7,866.67

18.19%
(2,742.84)
P-1 / A-1
F-1+

0.94 0.91
Total Negotiable CD 2,000,000.00 5.90%
1,999,872.84
1,999,872.84 6.04%
1,997,130.00
7,866.67

18.19%
(2,742.84)
P-1 / A-1
F-1+

0.94 0.91

US TREASURY
912797HY6 US Treasury Bill

5.313% Due 1/9/2024
2,500,000.00 09/13/2023

5.48%
2,456,835.94
2,456,835.94

98.27 5.48%
2,456,835.94
6,271.70

22.35%

0.00 P-1 / A-1+
F-1+

0.28 0.27
912797GQ4 US Treasury Bill

5.298% Due 3/7/2024
2,500,000.00 09/13/2023

5.51%
2,435,620.66
2,435,620.66

97.42 5.51%
2,435,620.66
6,253.99

22.16%

0.00 P-1 / A-1+
F-1+

0.44 0.42
Total US Treasury 5,000,000.00 5.50%
4,892,456.60
4,892,456.60 5.50%
4,892,456.60
12,525.69

44.51%

0.00 P-1 / A-1+
F-1+

0.36 0.35
TOTAL PORTFOLIO 11,171,489.45 5.58%
10,997,705.56
10,997,705.56 5.61%
10,994,962.72
25,719.03
100.00%
(2,742.84)
Aaa / AAA
AAA

0.42 0.41
TOTAL MARKET VALUE PLUS ACCRUED 11,020,681.75
Execution Time: 10/11/2023 11:05:59 AMChandler Asset Management - CONFIDENTIAL Page 3 259 Transaction Ledger
As of September 30, 2023
Murrieta Liquidity
Account
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 09/14/2023 21684XH82 2,000,000.00 Cooperative Rabobank UA Yankee CD

5.9% Due 9/6/2024

99.994 5.90% 1,999,872.84 2,294.44 2,002,167.28 0.00
Purchase 09/14/2023 62479LDC6 2,000,000.00 MUFG Bank Ltd Discount CP

5.64% Due 4/12/2024

96.694 5.89% 1,933,886.67 0.00 1,933,886.67 0.00
Purchase 09/14/2023 912797GQ4 2,500,000.00 US Treasury Bill

5.298% Due 3/7/2024

97.425 5.51% 2,435,620.66 0.00 2,435,620.66 0.00
Purchase 09/14/2023 912797HY6 2,500,000.00 US Treasury Bill

5.313% Due 1/9/2024

98.273 5.48% 2,456,835.94 0.00 2,456,835.94 0.00
Subtotal 9,000,000.00 8,826,216.11 2,294.44 8,828,510.55 0.00 Security
Contribution
09/13/2023 31846V567 11,000,000.00 First American Govt Obligation MMKT Class-Z

1.000 11,000,000.00 0.00 11,000,000.00 0.00
Subtotal 11,000,000.00 11,000,000.00 0.00 11,000,000.00 0.00 TOTAL ACQUISITIONS 20,000,000.00 19,826,216.11 2,294.44 19,828,510.55 0.00

DISPOSITIONS
Sale 09/14/2023 31846V567 8,828,510.55 First American Govt Obligation MMKT Class-Z

1.000 5.21% 8,828,510.55 0.00 8,828,510.55 0.00
Subtotal 8,828,510.55 8,828,510.55 0.00 8,828,510.55 0.00 TOTAL DISPOSITIONS 8,828,510.55 8,828,510.55 0.00 8,828,510.55 0.00 Execution Time: 10/11/2023 11:05:59 AMChandler Asset Management - CONFIDENTIAL Page 4 260 Income Earned
As of September 30, 2023
Murrieta Liquidity
Account
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income

CASH & EQUIVALENT
21684XH82 Cooperative Rabobank UA
Yankee CD

5.9% Due 09/06/2024
09/13/2023
09/14/2023
2,000,000.00

0.00 1,999,872.84

0.00 1,999,872.84

0.00 (2,294.44)
7,866.67
5,572.23

0.00 0.00

0.00 5,572.23
5,572.23
31846V567 First American
Govt Obligation MMKT Class-Z
09/13/2023
09/13/2023
2,171,489.45

0.00 11,000,000.00
8,828,510.55
2,171,489.45

0.00 0.00

0.00 0.00

0.00 0.00

0.00 0.00

0.00 62479LDC6 MUFG Bank Ltd
Discount CP

5.64% Due 04/12/2024
09/13/2023
09/14/2023
2,000,000.00

0.00 1,933,886.67

0.00 1,933,886.67

0.00 0.00
5,326.67
5,326.67

0.00 0.00

0.00 5,326.67
5,326.67
912797GQ4 US Treasury
Bill

5.298% Due 03/07/2024
09/13/2023
09/14/2023
2,500,000.00

0.00 2,435,620.66

0.00 2,435,620.66

0.00 0.00
6,253.99
6,253.99

0.00 0.00

0.00 6,253.99
6,253.99
912797HY6 US Treasury
Bill

5.313% Due 01/09/2024
09/13/2023
09/14/2023
2,500,000.00

0.00 2,456,835.94

0.00 2,456,835.94

0.00 0.00
6,271.70
6,271.70

0.00 0.00

0.00 6,271.70
6,271.70
Total Cash & Equivalent 11,171,489.45

0.00 19,826,216.11
8,828,510.55
10,997,705.56

0.00 (2,294.44)
25,719.03
23,424.59

0.00 0.00

0.00 23,424.59
23,424.59
TOTAL PORTFOLIO 11,171,489.45

0.00 19,826,216.11
8,828,510.55
10,997,705.56

0.00 (2,294.44)
25,719.03
23,424.59

0.00 0.00

0.00 23,424.59
23,424.59
Execution Time: 10/11/2023 11:05:59 AMChandler Asset Management - CONFIDENTIAL Page 5 261 Cash Flow Report
As of September 30, 2023
Murrieta Liquidity
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 01/09/2024 Maturity 912797HY6 2,500,000.00 US Treasury Bill

5.313% Due 1/9/2024
2,456,835.94 43,164.06 2,500,000.00
JAN 2024 2,456,835.94 43,164.06 2,500,000.00
03/07/2024 Maturity 912797GQ4 2,500,000.00 US Treasury Bill

5.298% Due 3/7/2024
2,435,620.66 64,379.34 2,500,000.00
MAR 2024 2,435,620.66 64,379.34 2,500,000.00
04/12/2024 Maturity 62479LDC6 2,000,000.00 MUFG Bank Ltd Discount CP

5.64% Due 4/12/2024
1,933,886.67 66,113.33 2,000,000.00
APR 2024 1,933,886.67 66,113.33 2,000,000.00
09/06/2024 Maturity 21684XH82 2,000,000.00 Cooperative Rabobank UA Yankee CD

5.9% Due 9/6/2024
2,000,000.00 119,638.89 2,119,638.89
SEP 2024 2,000,000.00 119,638.89 2,119,638.89
TOTAL 8,826,343.27 293,295.62 9,119,638.89
Execution Time: 10/11/2023 11:05:59 AMChandler Asset Management - CONFIDENTIAL Page 6 262 Important Disclosures
Murrieta Liquidity
Account
Chandler Asset Management, Inc. ;͞Chandler͟Ϳis an SEC registered investment adviser. For additional information about our firm, please see our current disclosures (Form ADV). To obtain a copy of our current disclosures, you may contact your client service representative by calling the number on the front of this statement or you may visit our website at www.chandlerasset.com.

Information contained in this monthly statement is confidential and is provided for informational purposes only and should not be construed as specific investment or legal advice. The information contained herein was obtained from sources believed to be reliable as of the date of this statement, but may become outdated or superseded at any time without notice.

Custody: Your qualified custodian bank maintains control of all assets reflected in this statement and we urge you to compare this statement to the one you receive from your qualified custodian. Chandler does not have any authority to withdraw or deposit funds from/to the custodian account.

Valuation: Prices are provided by IDC, an independent pricing source. In the event IDC does not provide a price or if the price provided is not reflective of fair market value, Chandler will obtain pricing from an alternative approved third party pricing source in accordance with our written valuation policy and procedures. Our valuation procedures are also disclosed in Item 5 of our Form ADV Part 2A.

Performance: Performance results are presented gross-of-advisory fees and represent the client͛s Total Return. The deduction of advisory fees lowers performance results. These results include the reinvestment of dividends and other earnings. Past performance may not be indicative of future results. Therefore, clients should not assume that future performance of any specific investment or investment strategy will be profitable or equal to past performance levels. All investment strategies have the potential for profit or loss. Economic factors, market conditions or changes in investment strategies, contributions or withdrawals may materially alter the performance and results of your portfolio.

Source ice Data Indices, LLC ("ICE"), used with permission. ICE PERMITS USE OF THE ICE INDICES AND RELATED DATA ON AN "AS IS" BASIS; ICE, ITS AFFILIATES AND THEIR RESPECTIVE

THIRD PARTY SUPPLIERS DISCLAIM ANY AND ALL WARRANTIES AND REPRESENTATIONS, EXPRESS AND/OR IMPLIED, INCLUDING ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE, INCLUDING THE INDICES, INDEX DATA AND ANY DATA INCLUDED IN, RELATED TO, OR DERIVED THEREFROM. NEITHER ICE DATA, ITS AFFILIATES OR

THEIR RESPECTIVE THIRD PARTY PROVIDERS GUARANTEE THE QUALITY, ADEQUACY, ACCURACY, TIMELINESS OR COMPLETENESS OF THE INDICES OR THE INDEX DATA OR ANY COMPONENT THEREOF, AND THE INDICES AND INDEX DATA AND ALL COMPONENTS THEREOF ARE PROVIDED ON AN "AS IS" BASIS AND LICENSEE'S USE IS AT LICENSEE'S OWN RISK. ICE DATA, ITS AFFILIATES AND THEIR RESPECTIVE THIRD PARTY DO NOT SPONSOR, ENDORSE, OR RECOMMEND CHANDLER, OR ANY OF ITS PRODUCTS OR SERVICES.

Index returns assume reinvestment of all distributions. Historical performance results for investment indexes generally do not reflect the deduction of transaction and/or custodial charges or the deduction of an investment management fee, the incurrence of which would have the effect of decreasing historical performance results. It is not possible to invest directly in an index.

Ratings: Ratings information have been provided by Moody͛s, S&P and Fitch through data feeds we believe to be reliable as of the date of this statement, however we cannot guarantee its accuracy.

Security level ratings for U.S. Agency issued mortgage-backed securities ;͞MBS͟Ϳreflect the issuer rating because the securities themselves are not rated. The issuing U.S. Agency guarantees the full and timely payment of both principal and interest and carries a AA+/Aaa/AAA by S&P, Moody͛s and Fitch respectively.

Execution Time: 10/11/2023 11:05:59 AMChandler Asset Management - CONFIDENTIAL Page 7 263 10/6/23, 9:25 AM LAIF Regular Monthly Statement
https://laifms.treasurer.ca.gov/RegularStatement.aspx 1/1 Local Agency Investment Fund
P.O. Box 942809
Sacramento, CA 94209-0001
(916) 653-3001
October 06, 2023
LAIF Home
PMIA Average Monthly
Yields

CITY OF MURRIETA

FINANCE DIRECTOR
1 TOWNE SQUARE
MURRIETA, CA 92562
Tran Type Definitions

0.00 Beginning Balance: 26,618,414.67
Account Number:

September 2023 Statement
Account Summary
Total Deposit:

Total Withdrawal: 0.00 Ending Balance: 26,618,414.67
264

STAGECOACH SWEEP
WELLS FARGO BANK, N.A.

THIS STATEMENT COVERS 09/01/2023 THROUGH 09/30/2023

FUNDS HELD ON COMPANY'S BEHALF IN THE OMNIBUS DEPOSIT ACCOUNT AT BANK ARE

DEPOSITS AND ARE ELIGIBLE FOR FDIC INSURANCE IN ACCORDANCE WITH FDIC RULES AND LIMITS. COMPANY'S MMMF SHARES HELD IN THE OMNIBUS INVESTMENT ACCOUNT IN BANK'S

NAME AT THE CUSTODIAN OF THE MMMF ARE NOT DEPOSITS AND ARE NOT ELIGIBLE FOR FDIC INSURANCE. COMPANY IS THE OWNER OF ITS MMMF SHARES.

ALLSPRING GOVERNMENT FUND SELECT CLS
Transaction Detail
Daily Balance Information
Date Investment Balance Annualized Fund Yield Daily Dividend Factor Daily Accrual 09-01 93,125,952.35 5.249 % .000143817 13,393.10
09-02* 93,125,952.35 5.249 % .000143817 13,393.10
09-03* 93,125,952.35 5.249 % .000143817 13,393.10
09-04* 93,125,952.35 5.249 % .000143817 13,393.10

CITY OF MURRIETA

GENERAL OPERATING ACCOUNT
1 TOWN SQ
MURRIETA CA 92562-7922
Account Number - DDA
9-01-2023 Beginning Balance 92,834,210.40
9-01-2023 Next Day Sweep Purchase 291,741.95
9-05-2023 Next Day Sweep Purchase 743,400.27
9-06-2023 Sweep Funds Return To DDA 517,319.09
9-07-2023 Sweep Funds Return To DDA 1,986,400.72
9-08-2023 Sweep Funds Return To DDA 171,675.72
9-11-2023 Sweep Funds Return To DDA 956,569.73
9-12-2023 Sweep Funds Return To DDA 50,059.41
9-13-2023 Sweep Funds Return To DDA 20,611,321.36
9-14-2023 Sweep Funds Return To DDA 641,805.21
9-15-2023 Sweep Funds Return To DDA 253,275.58
9-18-2023 Sweep Funds Return To DDA 54,715.45
9-19-2023 Sweep Funds Return To DDA 49,503.23
9-20-2023 Sweep Funds Return To DDA 1,539,422.13
9-21-2023 Sweep Funds Return To DDA 215,734.19
9-22-2023 Sweep Funds Return To DDA 48,199.20
9-25-2023 Sweep Funds Return To DDA 495,275.70
9-26-2023 Next Day Sweep Purchase 3,647,117.50
9-27-2023 Sweep Funds Return To DDA 192,824.14
9-28-2023 Next Day Sweep Purchase 166,763.82
9-29-2023 Next Day Sweep Purchase 25,947.94
9-30-2023 Ending Balance 69,925,081.02

FUND SUMMARY
Dividends Earned YTD 3,293,202.86
Federal Withholding YTD .00
7-Day Simple Yield 5.27027 %
Federal Withholding .00
Beginning Balance 92,834,210.40
Shares Purchased 4,874,971.48 +
Shares Redeemed 27,784,100.86 -
Ending Balance 69,925,081.02
Prior Month Dividends Paid to Checking 406,958.72
Dividends Earned in Current Month 336,254.99
Funds Pending Investment 345,710.82
265

STAGECOACH SWEEP
Date Investment Balance Annualized Fund Yield Daily Dividend Factor Daily Accrual 09-05 93,869,352.62 5.250 % .000143836 13,501.79
09-06 93,352,033.53 5.251 % .000143886 13,432.05
09-07 91,365,632.81 5.252 % .000143912 13,148.61
09-08 91,193,957.09 5.254 % .000143955 13,127.83
09-09* 90,237,387.36 5.254 % .000143955 12,990.12
09-10* 90,237,387.36 5.254 % .000143955 12,990.12
09-11 90,237,387.36 5.254 % .000143965 12,991.03
09-12 90,187,327.95 5.256 % .000144000 12,986.98
09-13 69,576,006.59 5.256 % .000144019 10,020.27
09-14 68,934,201.38 5.273 % .000144470 9,958.92
09-15 68,680,925.80 5.247 % .000143775 9,874.60
09-16* 68,626,210.35 5.247 % .000143775 9,866.73
09-17* 68,626,210.35 5.247 % .000143775 9,866.73
09-18 68,626,210.35 5.269 % .000144379 9,908.18
09-19 68,576,707.12 5.263 % .000144196 9,888.49
09-20 67,037,284.99 5.264 % .000144239 9,669.39
09-21 66,821,550.80 5.268 % .000144329 9,644.29
09-22 66,773,351.60 5.269 % .000144377 9,640.54
09-23* 66,278,075.90 5.269 % .000144377 9,569.03
09-24* 66,278,075.90 5.269 % .000144377 9,569.03
09-25 66,278,075.90 5.263 % .000144209 9,557.90
09-26 69,925,193.40 5.267 % .000144318 10,091.46
09-27 69,732,369.26 5.290 % .000144949 10,107.64
09-28 69,899,133.08 5.265 % .000144267 10,084.14
09-29 69,925,081.02 5.271 % .000144417 10,098.37
09-30* 69,925,081.02 5.271 % .000144417 10,098.37
TOTAL MTD 336,255.01
* Indicates non-business day
THANK YOU FOR BANKING WITH WELLS FARGO.

MONEY MARKET MUTUAL FUNDS (EACH, A "MMMF") ARE NOT FDIC INSURED, HAVE NO BANK GUARANTY AND MAY LOSE VALUE.

An Investment in a MMMF is not insured by the Federal Deposit Insurance Corporation or any other government agency. Although the MMMF's seek to preserve the value of customer's investment at $1.00 per share, it is possible to lose money by investing in a MMMF.

Allspring Funds Management, LLC, a wholly owned subsidiary of Allspring Global Investments Holdings, LLC ("Allspring Global"), provides investment advisory and administrative services for the Allspring Funds?. Other subsidiaries of Allspring Global provide sub-advisory and other services for the funds. The funds are distributed by Allspring Funds Distributor, LLC, Member FINRA/SIPC, a subsidiary of Allspring Global.

This material must be accompanied or preceded by a current prospectus for name of the Fund(s) selected. Please read the prospectus carefully before investing.
09/01/2023 - 09/30/2023

Account Number - DDA
266

CITY OF MURRIETA
City Council Meeting Agenda
Report
11/7/2023
Agenda Item No. 6.

TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: Javier Carcamo, Finance Director
PREPARED BY: Geovanny Calvopina, Financial Analyst
SUBJECT: Treasurer’s Report - Quarter 1 of Fiscal Year 2023/24

RECOMMENDATION
Receive the Fiscal Year 2023/24 Treasurer’s Reports for Quarter 1 (July - September 2023).

PRIOR ACTION/VOTE
On September 5, 2023, the City Council received the Treasurer’s Report for Quarter 4 of Fiscal Year 2022/23.

CITY COUNCIL GOAL
Maintain a high performing organization that values fiscal sustainability, transparency, accountability and organizational efficiency.

BACKGROUND
Pursuant to Government Code Section 53646(b) and the City of Murrieta (City) Investment Policy, the Finance Department renders a quarterly investment report to the City Council concerning the investment portfolio’s earnings and performance results. The City contracts with Chandler Asset Management to manage the City’s investment portfolio and to advise on all investment-related matters. The purpose of this report is to present the investment earnings for the period July 1, 2023, through September 30, 2023 (Quarter 1).

Total Portfolio Composition
The portfolio comprises available cash balances from over 100 separate funds. The balances are tracked in the City’sfinancial records individually but combined for the purpose of investing cash to maximize investment returns. The City’s investment manager invests funds not needed in the near future into securities with maturities of less than five years. The City also utilizes the Local Agency Investment Fund (LAIF), an investment pool operated by the State of California and used by most cities in California to manage the City’s short-term cash flow requirements. Wells Fargo’s“Cash Sweep Program” is the City’sthird investment tool, and it allows the City to earn a return on uninvested cash balances in our General Checking Account by automatically "sweeping" cash balances into a sweep investment vehicle until such balances are otherwise needed to satisfy obligations arising in the account. The Cash Sweep Program exclusively targets high-quality, short-term, U.S. dollar-denominated money market instruments that consist of U.S. Government obligations and repurchase agreements collateralized by U.S. Government obligations. This complies with our Investment CITY OF MURRIETA Printed on 11/2/2023Page 1 of 5
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Agenda Item No. 6.
and repurchase agreements collateralized by U.S. Government obligations. This complies with our Investment Policy and California Government Code
Section 53607.

Investment Portfolio Performance
As of September 30, 2023, the City’stotal market value (including accrued interest) of operating funds and liquidity investments totaled $140,116,536.46. The book value, or what the City actually paid for the investments, totaled $143,265,948.82. The fair market value of the City’s portfolio, less accrued interest, totaled $139,495,287.49. The value of fixed-income securities may fluctuate with changes in interest rates. As interest rates go up, the market value of the securities may go down, and the reverse is true; when interest rates go down, the market value of the securities may go up. The difference between the book and fair market value is considered an unrealized gain or loss. The unrealized loss for this reporting period is ($3,770,661.33).

It is important to note that a loss or gain is realized when an investment is redeemed or sold before its maturity date. City’s investments are retained until the maturity date. Nonetheless, the City may elect to sell an investment before its maturity and record a capital gain or loss to manage the portfolio's quality, liquidity or yield in response to market conditions or City’srisk preferences. The portfolio’stotal market value (including accrued interest) increased by $20,866,479 from the previous quarter’send, as the City transferred $20 million from the short-term investment account to increase interest-earning potential. Moreover, the rising interest rate environment has continued to support higher investment income from the higher reinvestment rate for bonds maturing in the portfolio.

As of September 30, 2023, the yield to maturity on the portfolio increased to 2.86% from 2.08% on June 30, 2023, due to a combination of the $20 million new money contribution and the proceeds from maturing securities being reinvested at higher interest rates. During the quarter, the inversion of the 2- to 10-year points on the yield curve flattened as longer-dated US Treasury yields increased due to the market expectation of “higherfor longer”yields. The 2-year US Treasury Note yield increased from 4.90% to 5.05%, while the 5-year Treasury increased from 4.16% to 4.61% over the reporting period. Recent economic data continues to suggest positive but below-trend growth this year. Labor markets remain solid, and the U.S. consumer has demonstrated resiliency. Inflationary trends are subsiding, but core levels remain well above the Federal Reserve’s (Fed) target. Given the cumulative effects of restrictive monetary policy and tighter financial conditions, market participants believe the economy will gradually soften, and the Fed will remain data- dependent as they tread cautiously going forward. Since the Fed began its “quantitativetightening”activity by reducing the US Treasury and Agency Mortgage-Backed Securities on its balance sheet in June 2022, the Fed’sbalance sheet reduction program has reduced securities held outright by more than $1 trillion. The Fed Funds target rate ended the fiscal quarter in the range of 5.25-5.50% after the Fed raised rates by 25 basis points in July. The September Summary of Economic Projections has the median Fed Funds rate projected to end the calendar year at 5.6%. The portfolio’s market value benefited from the sector diversification and remains stable due to the high-quality assets contained within the portfolio.

Portfolio Duration
The investment portfolio had an average duration of 1.65 years as of September 30, 2023. The portfolio duration remains within an acceptable range. The City continues to implement a disciplined, conservative approach to its portfolio in this time of financial market volatility.

Asset Allocation
The investment portfolio is allocated in compliance with California Government Code 53601. The sector allocation of the portfolio on September 30, 2023, was 18.60% in US Government Agency bonds, 20.60% in high-grade Corporate Bonds, 42.90% in U.S. Treasury bonds, 5.20% in Asset-Backed Securities (ABS), 1.90% CITY OF MURRIETA Printed on 11/2/2023Page 2 of 5
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Agenda Item No. 6.
high-grade Corporate Bonds, 42.90% in U.S. Treasury bonds, 5.20% in Asset-Backed Securities (ABS), 1.90% in Supranational, 5.70% in Collateralized Mortgage Obligation, 1.40% in Commercial Paper, 1.40% in Negotiable CD and 2.20% Money Market Fund. A Supranational is a financial institution owned by member countries to promote international development. A Collateralized Mortgage Obligation is a mortgage-backed security that contains a pool of mortgages bundled together and sold as an investment.

The following pie chart summarizes the asset allocation by sector.

Maturity Distribution
As of September 30, 2023, approximately 37.3% of the portfolio matured in less than one year, 26.9% matured from 1-2 years, 21% from 2-3 years, 10.70% from 3-4 years, and 4.10% from 4-5 years. The City’sportfolio maintains liquid funds through bank deposits, money market funds, and local government investment pools to satisfy its near-term liquidity needs.
(The chart above may not sum to 100% due to rounding.)
LAIF Balance
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Agenda Item No. 6.

Funds deposited with LAIF act as the City’ssavings account, which allows for the regular investment of short- term cash balances. LAIF complements our investment program by maximizing the earnings on liquid balances not needed for immediate disbursement. It also allows the City’sinvestment manager to focus on maximizing the return on its longer-term investments.

The balance in LAIF, as of September 30, 2023, was $26,618,414.67. The annual yield on the LAIF portfolio was 3.59%, representing an increase of 2.08% from the 1.51% earned at the end of September 2022.

Wells Fargo Cash Sweep Program
The Cash Sweep Program may include fixed, floating, or variable interest rates. The security selections for the Cash Sweep Program are based on several factors, including credit quality, yield, and maturity while considering the fund’soverall level of liquidity and weighted average maturity. The securities purchased have been determined to present minimal credit risk. For the quarter ending September 30, 2023, the total earnings from the Cash Sweep Program were $1,161,670.87 and had an Average Daily Yield of 5.197%.

The graph below compares the investment yields for the Investment Portfolio, LAIF, and the Cash Sweep Program for the period ending September 30, 2022, to September 30, 2023.

This report presents only the results of the operating portfolio managed by Chandler Asset Management, LAIF, and the Cash Sweep Program. The City’s and developer bond portfolios are available for review in the Finance Department or may be sent to the City Council upon request.

In compliance with the California Government Code Section 53646, the Treasurer of the City of Murrieta hereby certifies that sufficient investment liquidity and anticipated revenues are available to meet the City’s budgeted expenditure requirements for the subsequent six months, October through April 2024. All investments in the City’s portfolio comply with state law and City’s adopted Investment Policy.

FISCAL IMPACT
There is no fiscal impact associated with the recommended action.

CITY OF MURRIETA Printed on 11/2/2023Page 4 of 5
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Agenda Item No. 6.

ATTACHMENTS

1. City of Murrieta Investment Report September 30, 2023

2. LAIF Regular Monthly Statement September 30, 2023

3. Wells Fargo Sweep Account Statements for July, August, and September 2023

4. Portfolio Composition Chart as of September 30, 2023 CITY OF MURRIETA Printed on 11/2/2023Page 5 of 5
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CHANDLER ASSET MANAGEMENT, INC. | 800.317.4747 | www.chandlerasset.com

INVESTMENT REPORT
Period Ending September 30, 2023
City of Murrieta
272
SECTION 1 Economic Update
SECTION 2 Account Profile
SECTION 3 Consolidated Information
SECTION 4 Portfolio Holdings
SECTION 5 Transactions
Table of Contents As of September 30, 2023
1 273
SECTION |
Section 1 |
Economic Update
2 274
Economic Update
▪
▪
▪
Recent economic data continues to suggest positive but below trend growth this year. Labor markets remain solid, and the U.S. consumer has demonstrated resiliency. Inflationary trends are subsiding, but core levels remain well above the Fed’s target. Given the cumulative effects of restrictive monetary policy and tighter financial conditions, we believe the economy will gradually soften and the Fed will remain data dependent as they tread cautiously going forward.

As anticipated at the September meeting, the Federal Open Market Committee voted unanimously to maintain the target Federal Funds at the range of 5.25 - 5.50%. The Fed’s Summaryof Economic Projections (SEP) also revealed expectations of higher economic growth, reduced unemployment, and a gradual easing of inflation compared to earlier forecasts. The Fed is continuing to focus on achieving price stability and bringing inflation down toward their2% policy objective, while leaving the option open for the possibility of additional rate hikes in the future if needed.

The yield curve remained inverted in September. The 2-year Treasury yield increased 18 basis points to 5.05%, the 5-year Treasury yield rose 36 basis points to 4.61%, and the 10-year Treasury yield increased 46 basis points to 4.57%. The inversion between the 2-year Treasury yield and 10-year Treasury yield narrowed to -48 basis points at September month-end versus -76 basis points at August month- end. The spread between the 2-year Treasury and 10-year Treasury yield one year ago was -45 basis points. The inversion between 3-month and 10-year Treasuries narrowed to -88 basis points in September from -134 basis points in August. The shape of the yield curve indicates that the probability of recession persists.
3 275
Employment
-400
-200
0 200
400
600
800
1,000MOM Change In Thousands (000's)
Nonfarm Payroll (000's)
Non-farm Payroll (000's)
3 month average (000's)

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%
Unemployment Rate
Underemployment Rate (U6)
Unemployment Rate (U3)
Rate (%)
The U.S. economy added 336,000 jobsin September, exceeding consensus expectations of 170,000, and the last two months were revised upward by 119,000 jobs. The largest gains came from leisure and hospitality, bringing restaurant and bar employment back in-line with pre-pandemic levels. The pace of job growth has picked up recently, with the three-month moving average payrollsat 266,000 and the six- month moving average at 234,000. The unemployment rate was unchanged at 3.8%, and the labor participation rate was consistent with last month’s report at 62.8%. The U-6 underemployment rate, which includes those who are marginally attached to the labor force and employed part time for economic reasons declined slightly to 7.0% from the prior month at 7.1%. Average hourly earnings declined to

4.2% year-over-year in September from 4.3% in August. Employment remains strong by historical standards.

Source: US Department of Labor Source: US Department of Labor 4 276
Job Openings & Labor Turnover Survey
0 2,000
4,000
6,000
8,000
10,000
12,000
14,000
Job Openings
Recession
Historical Average
In Thousands (000's)
The Labor Department’s Job Openings and Labor Turnover Survey (JOLTS) unexpectedly increased to 9.61 million in August from a revised

8.92 million in July. The level significantly surpassed the survey of Bloomberg economists’ expectations of 8.82 million and reflects approximately 1.5 job openings per available worker. Although JOLTS was an upside surprise, the quits rate remained at a benign 2.3% for August, well below its 3.0% peak in April 2022. Fewer quits can imply that workers are less confident in their ability to find another job in the current market. The current level of job openings remains elevated from a historical perspective.

Source: US Department of Labor
5 277
Inflation

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

9.0%

10.0%
Consumer Price Index (CPI)
CPI YOY % Change
Core CPI YOY % Change
YOY (%) Change

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

9.0%

10.0%
Personal Consumption Expenditures (PCE)
PCE Price Deflator YOY % Change
PCE Core Deflator YOY % Change
Fed Target
YOY (%) Change
The Consumer Price Index (CPI) increased in August by 0.6% month-over-month and 3.7% year-over-year, accelerating from 3.2% year-over- year in July due to surging energy prices. The Core CPI, which excludes volatile food and energy components, was up 0.3% month-over- month and 4.3% year-over-year, decelerating from 4.7% last month. Shelter remained the largest contributor to the Core CPI increase. The Personal Consumption Expenditures (PCE) index rose 0.4% month-over-month and 3.5% year-over-year in August, up from a 3.4% year- over-year gain in July. Core PCE, the Federal Reserve’s preferred inflation gauge, increased just 0.1% month-over-month and 3.9% year- over-year in August, down from a 4.3% increase in July. Personal income and spending remained relatively healthy, but the personal savings rate continued its declining trend to 3.9% in August from 4.1% in July. Inflation remains above the Fed's 2% target.

Source: US Department of Labor Source: US Department of Commerce 6 278
Consumer
-30.0%
-20.0%
-10.0%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%
Retail Sales YOY % Change
YOY (%) Change
Retail Sales rose 0.6% in August, exceeding the consensus forecast. Sales of motor vehicles and higher gasoline prices drove greater than expected gains. However, Control Group Sales, which are used to calculate gross domestic product and exclude food services, auto dealers, building materials stores and gasoline stations, rose just 0.1%, the smallest advance in five months. On a year-over-year basis, retail sales growth decelerated to a 2.5% gain in August versus a downwardly revised 2.6% gain in July. The Conference Board’s Consumer Confidence Index dropped more than expected to 103.0 in September froman upwardly revised 108.7 in August, primarily due to significantly weaker future expectations for employment. While the consumer has been resilient, dwindling excess savings, rising credit card balances, and the resumption of student loan payments pose potential headwinds to future economic growth. 80 90
100
110
120
130
140
Index Level
Consumer Confidence
Source: US Department of Commerce Source: The Conference Board 7 279
Leading Indicators of Economic Activity
-25.0%
-20.0%
-15.0%
-10.0%
-5.0%

0.0%

5.0%

10.0%

15.0%

20.0%
Leading Economic Indicators (LEI)
Recession
YOY (%) Change
-1.00
-0.75
-0.50
-0.25

0.00 0.25

0.50 0.75

1.00 Chicago Fed National Activity Index (CFNAI)
Recession
3 Month Average
The Conference Board’s Leading Economic Index (LEI) remained in negative territory for the seventeenth consecutive month at -0.4% in August due to weak new orders, deteriorating consumer expectations of business conditions, high interest rates, and tight credit conditions. The index declined 7.6% year-over-year. The consistent decline month-over-month continues to signal future contraction in the economy. The Chicago Fed National Activity Index (CFNAI) surprised to the downside at -0.16 in August from downwardly revised 0.07in July. On a 3-month moving average basis, the CFNAI remained negative at -0.14 in August, indicating a rate of growth below the historical average trend.

Source: The Conference Board Source: Federal Reserve Bank of Chicago 8 280
Housing
0 200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
2,200
2,400In Thousands of Units
Annualized Housing Starts
Multi Family Housing Starts
Single Family Housing Starts
Starts of new homes slowed -11.3% to 1.283 million units at a seasonally adjusted annual rate in August after a downward revision to

1.447 million units in July. The slower starts came from both a 4.3% decline in single-family home starts and 26.3% decline in multi-family homes, continuing the reversal of strong multi-family homebuilding in the second half of 2022 and early 2023. Total starts of new homes are down 14.8% year-over-year. Accordingto Freddie Mac, average 30-year fixed rate mortgage rates increased to 7.35% as of September 28th. Rising mortgage rates are prompting homebuilders to offer incentives to attract buyers and has caused homebuilder sentiment to reach a five-month low. Accordingto the Case-Shiller 20-City Home Price Index, housing prices rose 0.1% year-over-year in July, improving from a 1.2% decline in June. Tight inventories and higher mortgage rates continue to impact affordability.

Source: US Department of Commerce Source: S&P
-20.0%
-16.0%
-12.0%
-8.0%
-4.0%

0.0%

4.0%

8.0%

12.0%

16.0%

20.0%

24.0%
S&P/Case-Shiller 20 City Composite Home Price Index
Recession
YOY (%) Change
9 281
Survey Based Measures
40 45
50 55
60 65
70 Institute of Supply Management (ISM) Surveys
ISM Manufacturing ISM Services

EXPANDING

CONTRACTING
The Institute for Supply Management (ISM) Manufacturing index remained in contraction territoryat 49.0 in September, up from 47.6 in August. This is the eleventh consecutive month of readings below 50.0, which is indicative of contraction in the manufacturing sector.

However, this is the highest reading since November 2022, as both employment and new orders improved, while prices paid subsided.

The ISM Services Index eased to 53.6 in September from the six-month high of 54.5 in August. The prices paid component continued to grow primarily due to high labor costs and an uptick in energy costs, but new orders reflected a significant slowdown.

Source: Institute for Supply Management
10 282
Gross Domestic Product (GDP)
Components of GDP 9/22 12/22 3/23 6/23

1.1% 0.8% 2.5% 0.6%
-1.5% 0.6% -1.7% 0.9%

2.6% 0.3% 0.6% 0.0%

0.1% 0.6% 0.3% 0.1%

0.4% 0.3% 0.5% 0.5%

2.7% 2.6% 2.3% 2.1%
State and Local (Consumption and Gross
Investment)
Personal Consumption Expenditures
Gross Private Domestic Investment
Net Exports and Imports
Federal Government Expenditures
Total
-40.0%
-30.0%
-20.0%
-10.0%

0.0%

10.0%

20.0%

30.0%

40.0%
Gross Domestic Product (GDP)
GDP QOQ % Change
GDP YOY % Change
Source: US Department of Commerce Source: US Department of Commerce According to the third estimate, second quarter annualized GDP growth remained unchanged at 2.1%. A material decline in consumer spending was offset by improvement in business investment. Historically low unemployment, wage growth and savings built up during the pandemic has supported consumer spending at a level to keep economic growth intact, but there are signs the consumer is beginning to show signs of stress. The consensus estimate calls for 3.0% growth for the third quarter and 2.1% for the full year 2023. 11 283
Federal Reserve
Source: Federal Reserve Source: Bloomberg
0 1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
8,000,000
9,000,000
10,000,000
Federal Reserve Balance Sheet Assets
Recession
In $ millions
At the September meeting, the Federal Open Market Committee voted unanimouslyto leave the Federal Funds rate unchanged at a target range of 5.25 - 5.50%. Nonetheless, the Fed conveyed a consensus view that another rate hike is possible later in the year, along with its commitmentto keeping rates at their current level until inflation subsides closer to its 2% target, endorsing a data-dependent 'higher-for- longer' strategy. The Fed’s Summary of Economic Projections (SEP) also revealed expectations of higher economic growth, reduced unemployment, and a gradual easing of inflation compared to earlier forecasts. We believe the resiliency of future economic data will determine if the Federal Reserve can stay on hold for or will tighten policy further to curb inflation. Since the Federal Reserve began its Quantitative Tightening campaign in June 2022, securities holdings have declined by over $1 trillion to $8.024T.

0.00%

1.00%

2.00%

3.00%

4.00%

5.00%

6.00%
Effective Federal Funds Rate
Recession
Yield (%)
12 284
Bond Yields
Source: Bloomberg Source: Bloomberg

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%
US Treasury Note Yields
2-Year
5-Year
10-Year
Yield (%)

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%
US Treasury Yield Curve
Sep-23
Jun-23
Sep-22
Yield (%)
At the end of September, the 2-year Treasury yield was 77 basis points higher, and the 10-Year Treasury yield was about 74 basis points higher, year-over-year. The inversion between the 2-year Treasury yield and 10-year Treasury yield narrowed to -48 basis points at September month-end versus -76 basis points at August month-end. The average historical spread (since 2003) is about +130 basis points. The inversion between 3-month and 10-year Treasuries narrowed to -88 basis points in September from -134 basis points in August. The shape of the yield curve indicates that the probability of recession persists. 13 285
Section 2|SECTION |
Section 2 |
Account Profile
14 286
Objectives
Chandler Asset Management Performance Objective
The performance objective for the portfolio is to achieve a rate of return over a market cycle that equals or exceeds the return on a market index of similar duration and sector allocation.

Investment Objectives
The City of Murrieta's investment objectives, in order of priority, are to provide safety to ensure the preservation of capital in the overall portfolio, provide sufficient liquidity for cash needs and a market rate of return consistent with the investment program.

Strategy
In order to achieve these objectives, the portfolio invests in high quality fixed income securities consistent with the investment policy and California Government Code.

As of September 30, 2023
15 287
Compliance As of September 30, 2023
Category Standard Comment
U.S. Treasuries No limit; 5 years max maturity Complies Federal Agencies 30% max per Agency/GSE issuer; 20% max agency callable securities; 5 years max maturity Complies Municipal Securities (CA, Other States) "A" rating category or better by a NRSRO; 30% max; 5% max per issuer; 5 years max maturity Complies Supranational Obligations "AA" rating category or higher by a NRSRO; 30% max; 10% max per issuer; 5 years max maturity; USD denominated senior unsecured unsubordinated obligations; Issued or unconditionally guaranteed by IBRD, IFC, or IADB Complies Corporate Medium Term Notes
"A" rating category or higher by a NRSRO; 30% max; 5% max per issuer in Medium Term Notes and Commercial Paper; 5 years max maturity; Issued by corporations organized and operating within the U.S. or by depository institutions licensed by the U.S. or any state and operating within the U.S.

Complies
Asset-Backed Securities, Mortgage-
Backed Securities, Collateralized
Mortgage Obligations, Pass-Through
Securities
"AA" rating category or higher by a NRSRO; 20% max (total aggregate in mortgage-backed and asset-backed securities); 5% max per issuer that is not a U.S. government agency; Mortgage-Backed Securities, Collateralized Mortgage Obligations and Asset-Backed Securities limited to mortgage-backed pass-through securities issued by a U.S. government agency or consumer receivable pass-through certificates or bonds; 5 years max maturity Complies
Negotiable Certificates of Deposit (NCD)
The amount of NCD insured up to the FDIC limit does not require any credit ratings; Any amount above FDIC insured limit must be issued by institutions with "A-1" short-term debt rating or better by a NRSRO; or "A" long-term rating category or better by a NRSRO; 30% max (combined with CDARS); 5% max per issuer; 5 years max maturity Complies
Certificate of Deposit Placement Service
(CDARS) 30% max (combination of Certificates of Deposit, including CDARS); 5 years max maturity Complies Time Deposits (Non-negotiable CD/TD) 20% max combined FDIC & Collateralized CD/TD; 5 years max maturity Complies Collateralized Bank Deposits Deposits with financial institutions will be collateralized with pledged securities per California Government Code Complies Banker’s Acceptances
"A-1" rated or higher by a NRSRO; "A" rating category or higher by a NRSRO, if issuers have senior debt outstanding; 30% max; 5% max in bankers acceptance of any one commercial bank; 180 days max maturity; Issued by FDIC insured commercial banks.

Complies
Commercial Paper
25% max; 40% max if the Agency’s investment assets under management are greater than $100 million, under a provision sunsetting on January 1, 2026; 5% max per issuer in Commercial Paper and Medium Term Notes; 270 days maturity; Prime Commercial Paper with the highest rating by a NRSRO; The entity that issues the commercial paper shall meet all of the conditions in either 1) or 2): 1) (a) be organized and operating in the U.S. as a general corporation, (b) have total assets in excess of $500 million, and (c) have debt other than commercial paper, if any, that has "A" rating category or higher by a NRSRO; 2) (a) be organized within the U.S. as a special purpose corporation, trust, or limited liability company; (b) have program-wide credit enhancements including, but not limited to, overcollateralization, letters of credit, or surety bond; and (c) have commercial paper that has "A-1" rating category or higher by a NRSRO.

Complies
Murrieta Consolidated
Assets managed by Chandler Asset Management are in full compliance with state law and the Client's investment policy. 16 288
Compliance As of September 30, 2023
Category Standard Comment
Money Market Funds
"AAA" rating category by two NRSROs; 20% max (aggregate investment in combination of Money Market Funds and Mutual Funds); Investment in any individual fund may not exceed 10% of the fund; Registered under the Investment Company Act of 1940; "no load"; constant net asset value per share $1; invest only in securities authorized by California statute.

Complies
Mutual Funds
"AAA" rating category by two NRSROs; 20% max (aggregate investment in combination of Mutual Funds and Money Market Funds); Investment in any individual Mutual Fund shall not exceed 10% of the portfolio; Investment in any individual fund may not exceed 10% of the fund; Registered under the Investment Company Act of 1940; "no load"; invest only in securities authorized by California statute.

Complies
Local Agency Investment Fund (LAIF) Maximum amount permitted by LAIF, pursuant to California Government Code; Not used by investment adviser Complies Repurchase Agreements 20% max; 1 year max maturity; 102% collateralized; Not used by investment adviser Complies Max Per Issuer 5% max per issuer for all non-federal government securities, with the exception of Money Market Funds, Mutual Funds, Supranationals, LAIF, or unless otherwise specified in the investment policy Complies Maximum Maturity 5 years max maturity, unless the City Council has by resolution granted authority to make such an investment at least 3 months prior to the date of the investment Complies
Murrieta Consolidated
Assets managed by Chandler Asset Management are in full compliance with state law and the Client's investment policy. 17 289
Portfolio Characteristics
City of Murrieta
09/30/23 06/30/23
Benchmark* Portfolio Portfolio
Average Maturity (yrs) 1.84 2.01 1.84
Average Modified Duration 1.75 1.76 1.61
Average Purchase Yield n/a 2.63% 2.08%
Average Market Yield 5.14% 5.29% 5.12%
Average Quality** AA+ AA/Aa1 AA/Aa1
Total Market Value 129,095,855 119,250,057
*ICE BofA 1-3 Yr US Treasury Index
**Benchmark is a blended rating of S&P, Moody’s, and Fitch. Portfolio is S&P and Moody’s respectively.

As of September 30, 2023
18 290
City of Murrieta
Sector Distribution
ABS

5.7%
Agency

20.2%
CMO

6.1%
Corporate

22.4%
Money Market
Fund

0.7%
Supranational

2.1%
US Treasury

42.8%
September 30, 2023 June 30, 2023
ABS

5.7%
Agency

19.2%
CMO

5.8%
Corporate

24.8%
Money Market
Fund

0.2%
Supranational

1.9%
US Treasury

42.3%
As of September 30, 2023
19 291
Issue Name Investment Type % Portfolio
Government of United States US Treasury 42.80%
Federal Home Loan Bank Agency 9.98%
Federal Farm Credit Bank Agency 6.39%
Federal Home Loan Mortgage Corp CMO 6.13%
Federal Home Loan Mortgage Corp Agency 2.34%
Bank of America Corp Corporate 1.52%
Federal National Mortgage Association Agency 1.51%
Microsoft Corporate 1.43%
Caterpillar Inc Corporate 1.40%
Deere & Company Corporate 1.23%
Inter-American Dev Bank Supranational 1.17%
Florida Power and Light Corporate 1.14%
Paccar Financial Corporate 1.14%
JP Morgan ABS ABS 1.02%
Intl Bank Recon and Development Supranational 0.95%
Amazon.com Inc Corporate 0.94%
Toyota Motor Corp Corporate 0.85%
National Rural Utilities Corporate 0.83%
Metlife Inc Corporate 0.78%
Morgan Stanley Corporate 0.76%
Toronto Dominion Holdings Corporate 0.76%
Home Depot Corporate 0.76%
US Bancorp Corporate 0.76%
Duke Energy Field Services Corporate 0.75%
Chubb Corporation Corporate 0.75%
Northern Trust Corp Corporate 0.74%
Apple Inc Corporate 0.74%
Royal Bank of Canada Corporate 0.74%
Honeywell Corp Corporate 0.73%
ChevronTexaco Corp Corporate 0.69%
Bank of New York Corporate 0.68%
First American Govt Obligation Fund Class-Z Money Market Fund 0.68% American Express ABS ABS 0.68%
John Deere ABS ABS 0.66%
Mass Mutual Insurance Corporate 0.58%
GM Financial Securitized Term Auto Trust ABS 0.56%
Hyundai Auto Receivables ABS 0.55%
Public Service El & Gas Corporate 0.55%
Issuers
City of Murrieta – Account
As of September 30, 2023
20 292
Issue Name Investment Type % Portfolio
Honda ABS ABS 0.54%
Charles Schwab Corp/The Corporate 0.43%
GM Financial Automobile Leasing Trust ABS 0.39%
Verizon Master Trust ABS 0.32%
United Health Group Inc Corporate 0.32%
BMW Vehicle Lease Trust ABS 0.30%
BMW ABS ABS 0.26%
State Street Bank Corporate 0.25%
Toyota ABS ABS 0.23%
Salesforce.com Inc Corporate 0.15%
Mercedes-Benz Auto Lease Trust ABS 0.15%
TOTAL 100.00%
Issuers
City of Murrieta – Account
As of September 30, 2023
21 293
AAA AA A <A NR
09/30/23 9.4% 66.8% 17.2% 0.0% 6.6%
06/30/23 8.5% 67.2% 17.7% 0.0% 6.6%
Source: S&P Ratings
September 30, 2023 vs. June 30, 2023

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

80.0%
AAA AA A <A NR
09/30/23 06/30/23
Quality Distribution
City of Murrieta
As of September 30, 2023
22 294

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

35.0%
0 - 0.25 0.25 - 0.50 0.50 - 1 1 - 2 2 - 3 3 - 4 4 - 5 5+ September 30, 2023 June 30, 2023
September 30, 2023 vs. June 30, 2023
0 - 0.25 0.25 - 0.50 0.50 - 1 1 - 2 2 - 3 3 - 4 4 - 5 5+ 09/30/23 8.0% 10.8% 13.7% 28.9% 22.6% 11.5% 4.4% 0.0%
06/30/23 7.9% 10.4% 19.8% 29.6% 18.7% 9.7% 3.9% 0.0%
City of Murrieta
Duration Distribution As of September 30, 2023
23 295
Total Rate of Return Annualized Since Inception January 31, 2020 Total rate of return: A measure of a portfolio’s performance over time. It is the internal rate of return, which equates the beginning value of the portfolio with the ending value; it includes interest earnings, realized and unrealized gains and losses in the portfolio.

Investment Performance
City of Murrieta
-1.50%
-1.00%
-0.50%

0.00%

0.50%

1.00%

1.50%

2.00%

2.50%

3.00%

3.50%
12 months 2 years 3 years 5 years 10 years Since Inception City of Murrieta ICE BofA 1-3 Yr US Treasury Index
Annualized
TOTAL RATE OF RETURN 3 months 12 months 2 years 3 years 5 years 10 years Since Inception
City of Murrieta 0.71% 3.08% -0.79% -0.46% N/A N/A 0.31% ICE BofA 1-3 Yr US Treasury Index 0.74% 2.47% -1.26% -0.84% N/A N/A -0.01% As of September 30, 2023
24 296
Portfolio Characteristics
Murrieta Liquidity
09/30/23
Portfolio
Average Maturity (yrs) 0.42
Modified Duration 0.41
Average Purchase Yield 5.58%
Average Market Yield 5.61%
Average Quality* AAA/Aaa
Total Market Value 11,020,682
*Portfolio is S&P and Moody’s, respectively.

As of September 30, 2023
25 297
Murrieta Liquidity
Sector Distribution
Commercial
Paper

17.6%
Money Market
Fund

19.7%
Negotiable CD

18.2%
US Treasury

44.5%
September 30, 2023
As of September 30, 2023
26 298

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

35.0%

40.0%

45.0%

50.0%
0 - 0.25 0.25 - 0.50 0.50 - 1 1 - 2 2 - 3 3 - 4 4 - 5 5+ Murrieta Liquidity
Portfolio Compared to the Benchmark
0 - 0.25 0.25 - 0.50 0.50 - 1 1 - 2 2 - 3 3 - 4 4 - 5 5+ Portfolio 19.7% 44.5% 35.8% 0.0% 0.0% 0.0% 0.0% 0.0%
Duration Distribution
Murrieta Liquidity
As of September 30, 2023
27 299
Issue Name Investment Type % Portfolio
Government of United States US Treasury 44.51%
First American Govt Obligation Fund Class-Z Money Market Fund 19.70% Cooperatieve Rabobank UA Negotiable CD 18.19%
MUFG Bank Ltd/NY Commercial Paper 17.60%
TOTAL 100.00%
Issuers
Murrieta Liquidity – Account
As of September 30, 2023
28 300
SECTION |
Section 3 |
Consolidated Information
29 301
Portfolio Characteristics
Murrieta Consolidated
09/30/23 06/30/23
Portfolio Portfolio
Average Maturity (yrs) 1.89 1.84
Modified Duration 1.65 1.61
Average Purchase Yield 2.86% 2.08%
Average Market Yield 5.32% 5.12%
Average Quality* AA+/Aa1 AA/Aa1
Total Market Value 140,116,536 119,250,057
* Portfolio is S&P and Moody’s respectively.

As of September 30, 2023
30 302
Murrieta Consolidated
Sector Distribution
ABS

5.2%
Agency

18.6%
CMO

5.7%
Corporate

20.6%Money Market
Fund

2.2%
Supranational

1.9%
US Treasury

42.9%
Commercial
Paper

1.4%
Negotiable CD

1.4%
September 30, 2023 June 30, 2023
ABS

5.7%
Agency

19.2%
CMO

5.8%
Corporate

24.8%
Money Market
Fund

0.2%
Supranational

1.9%
US Treasury

42.3%
As of September 30, 2023
31 303
SECTION |
Section 4 |
Portfolio Holdings
32 304
Holdings Report
City of Murrieta - Account
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
ABS
89237VAB5 Toyota Auto Receivables Trust 2020-C A3

0.440% Due 10/15/2024
8,217.82 07/21/2020

0.44%
8,217.19
8,217.19

99.79 7.01%
8,200.16

1.61 0.01%
(17.03)
Aaa / AAA
NR

1.04 0.03
36262XAC8 GM Financial Auto Lease Trust 2021-3 A2

0.390% Due 10/21/2024
226,276.21 08/10/2021

0.39%
226,273.13
226,273.13

99.36 5.86%
224,819.22

26.96 0.17%
(1,453.91)

NR / AAA
AAA

1.06 0.12
47787NAC3 John Deere Owner Trust 2020-B A3

0.510% Due 11/15/2024
5,633.08 07/14/2020

0.52%
5,632.22
5,632.22

99.78 5.99%
5,620.74

1.28 0.00%
(11.48)
Aaa / NR
AAA

1.13 0.04
58769KAD6 Mercedes-Benz Auto Lease Trust 2021-B A3

0.400% Due 11/15/2024
191,982.28 06/22/2021

0.40%
191,967.79
191,967.79

99.15 5.55%
190,345.82

34.13 0.15%
(1,621.97)

NR / AAA
AAA

1.13 0.16
09690AAC7 BMW Vehicle Lease Trust 2021-2 A3

0.330% Due 12/26/2024
57,878.71 09/08/2021

0.34%
57,872.73
57,872.73

99.43 5.99%
57,550.13

3.18 0.04%
(322.60)
Aaa / NR
AAA

1.24 0.10
89236XAC0 Toyota Auto Receivables 2020-D A3

0.350% Due 01/15/2025
35,341.61 10/06/2020

0.36%
35,335.03
35,335.03

99.47 6.23%
35,154.27

5.50 0.03%
(180.76)

NR / AAA
AAA

1.30 0.09
05601XAC3 BMW Vehicle Lease Trust 2022-1 A3

1.100% Due 03/25/2025
175,242.64 01/11/2022

1.11%
175,216.44
175,216.44

98.83 6.13%
173,186.17

32.13 0.13%
(2,030.27)

NR / AAA
AAA

1.48 0.23
43813GAC5 Honda Auto Receivables Trust 2021-1 A3

0.270% Due 04/21/2025
69,580.04 02/17/2021

0.27%
69,578.77
69,578.77

98.22 6.10%
68,341.38

5.22 0.05%
(1,237.39)
Aaa / NR
AAA

1.56 0.30
89240BAC2 Toyota Auto Receivables Owners 2021-A A3

0.260% Due 05/15/2025
254,596.19 02/02/2021

0.27%
254,548.94
254,548.94

98.27 6.03%
250,202.37

29.42 0.19%
(4,346.57)
Aaa / NR
AAA

1.62 0.30
47788UAC6 John Deere Owner Trust 2021-A A3

0.360% Due 09/15/2025
153,397.76 03/02/2021

0.37%
153,368.28
153,368.28

97.63 6.07%
149,761.92

24.54 0.12%
(3,606.36)
Aaa / NR
AAA

1.96 0.41
44933LAC7 Hyundai Auto Receivables Trust 2021-A A3

0.380% Due 09/15/2025
186,811.76 04/20/2021

0.38%
186,792.10
186,792.10

97.97 5.89%
183,021.35

31.55 0.14%
(3,770.75)

NR / AAA
AAA

1.96 0.37
05593AAC3 BMW Vehicle Lease Trust 2023-1 A3

5.160% Due 11/25/2025
155,000.00 02/07/2023

5.22%
154,996.31
154,996.31

99.15 6.04%
153,689.94
133.30

0.12%
(1,306.37)
Aaa / AAA
AAA

2.16 1.03
44934KAC8 Hyundai Auto Receivables Trust 2021-B A3

0.380% Due 01/15/2026
548,530.17 07/20/2021

0.39%
548,409.11
548,409.11

97.18 6.10%
533,061.62

92.64 0.41%
(15,347.49)

NR / AAA
AAA

2.30 0.49
43815GAC3 Honda Auto Receivables Trust 2021-4 A3

0.880% Due 01/21/2026
282,855.95 11/16/2021

0.89%
282,796.34
282,796.34

96.10 6.44%
271,828.25

69.14 0.21%
(10,968.09)
Aaa / NR
AAA

2.31 0.70
47789QAC4 John Deere Owner Trust 2021-B A3

0.520% Due 03/16/2026
306,399.94 07/13/2021

0.52%
306,372.61
306,372.61

96.59 5.88%
295,940.06

70.81 0.23%
(10,432.55)
Aaa / NR
AAA

2.46 0.64
43815PAC3 Honda Auto Receivables 2022-2 A3

3.730% Due 07/20/2026
365,000.00 08/15/2022

3.76%
364,978.25
364,978.25

97.38 5.87%
355,423.53
491.63

0.28%
(9,554.72)

NR / AAA
AAA

2.81 1.25
05602RAD3 BMW Vehicle Owner Trust 2022-A A3

3.210% Due 08/25/2026
350,000.00 05/10/2022

3.23%
349,981.80
349,981.80

97.56 5.95%
341,442.85
187.25

0.26%
(8,538.95)
Aaa / AAA
NR

2.90 0.90
As of September 30, 2023
33 305
Holdings Report
City of Murrieta - Account
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
362554AC1 GM Financial Securitized Term 2021-4 A3

0.680% Due 09/16/2026
215,563.72 10/13/2021

0.68%
215,558.23
215,558.23

95.94 6.21%
206,808.38

61.08 0.16%
(8,749.85)
Aaa / AAA
NR

2.96 0.73
47787JAC2 John Deere Owner Trust 2022-A A3

2.320% Due 09/16/2026
410,000.00 03/10/2022

2.34%
409,909.31
409,909.31

96.82 6.16%
396,941.91
422.76

0.31%
(12,967.40)
Aaa / NR
AAA

2.96 0.83
380146AC4 GM Financial Auto Receivables 2022-1 A3

1.260% Due 11/16/2026
213,035.27 01/11/2022

1.27%
213,016.76
213,016.76

96.63 5.58%
205,857.05
111.84

0.16%
(7,159.71)

NR / AAA
AAA

3.13 0.78
379929AD4 GM Financial Auto Leasing 2023-3 A3

5.380% Due 11/20/2026
280,000.00 08/08/2023

5.45%
279,966.43
279,966.43

99.60 5.67%
278,893.72
460.29

0.22%
(1,072.71)

NR / AAA
AAA

3.14 1.75
36265WAD5 GM Financial Securitized Auto 2022-3 A3

3.640% Due 04/16/2027
320,000.00 07/06/2022

3.67%
319,997.79
319,997.79

97.51 5.63%
312,024.96
485.33

0.24%
(7,972.83)
Aaa / NR
AAA

3.55 1.28
02582JJT8 American Express Credit Trust 2022-2 A

3.390% Due 05/17/2027
905,000.00 05/17/2022

3.42%
904,799.81
904,799.81

96.51 5.72%
873,387.45
1,363.53

0.68%
(31,412.36)

NR / AAA
AAA

3.63 1.53
92348KAV5 Verizon Master Trust 2022-5 A1A

3.720% Due 07/20/2027
415,000.00 08/02/2022

3.75%
414,981.74
414,981.74

99.36 4.97%
412,360.19
471.72

0.32%
(2,621.55)

NR / AAA
AAA

3.81 0.86
161571HT4 Chase Issuance Trust 23-A1 A

5.160% Due 09/15/2028
1,320,000.00 09/07/2023

5.23%
1,319,634.10
1,319,634.10

99.63 5.35%
1,315,139.76
3,027.20

1.02%
(4,494.34)

NR / AAA
AAA

4.96 2.66
TOTAL ABS 7,451,343.15 2.71%
7,450,201.21
7,450,201.21 5.77%
7,299,003.20
7,644.04

5.66%
(151,198.01)
Aaa / AAA
AAA

3.10 1.18
Agency
3137EAEY1 FHLMC Note

0.125% Due 10/16/2023
1,575,000.00 10/14/2020

0.25%
1,569,125.25
1,569,125.25

99.79 4.76%
1,571,757.08
902.34

1.22%
2,631.83
Aaa / AA+
AA+

0.04 0.04
3133EHN25 FFCB Note

2.200% Due 11/01/2023
2,000,000.00 06/20/2019

1.83%
2,031,280.00
2,031,280.00

99.72 5.37%
1,994,480.00
18,333.33

1.56%
(36,800.00)
Aaa / AA+
AA+

0.09 0.09
3137EAFA2 FHLMC Note

0.250% Due 12/04/2023
1,465,000.00 12/02/2020

0.28%
1,463,549.65
1,463,549.65

99.11 5.27%
1,452,025.96
1,190.31

1.13%
(11,523.69)
Aaa / AA+
AA+

0.18 0.18
3133EKMX1 FFCB Note

2.230% Due 02/23/2024
2,000,000.00 07/16/2019

1.97%
2,022,820.00
2,022,820.00

98.68 5.62%
1,973,550.00
4,707.78

1.53%
(49,270.00)
Aaa / AA+
AA+

0.40 0.39
3130A1XJ2 FHLB Note

2.875% Due 06/14/2024
2,000,000.00 09/13/2019

1.76%
2,101,140.00
2,101,140.00

98.08 5.68%
1,961,684.00
17,090.28

1.53%
(139,456.00)
Aaa / AA+
NR

0.71 0.68
3135G0V75 FNMA Note

1.750% Due 07/02/2024
2,000,000.00 10/21/2019

1.66%
2,007,660.00
2,007,660.00

97.24 5.53%
1,944,724.00
8,652.78

1.51%
(62,936.00)
Aaa / AA+
AA+

0.76 0.73
3130AQF40 FHLB Note

1.000% Due 12/20/2024
1,400,000.00 12/21/2021

1.03%
1,398,768.00
1,398,768.00

94.82 5.44%
1,327,468.80
3,927.78

1.03%
(71,299.20)
Aaa / AA+
NR

1.22 1.18
3133ENKS8 FFCB Note

1.125% Due 01/06/2025
755,000.00 01/06/2022

1.20%
753,301.25
753,301.25

94.84 5.39%
716,053.33
2,005.47

0.56%
(37,247.92)
Aaa / AA+
AA+

1.27 1.22
As of September 30, 2023
34 306
Holdings Report
City of Murrieta - Account
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
3133ENPG9 FFCB Note

1.750% Due 02/14/2025
1,200,000.00 02/25/2022

1.82%
1,197,456.00
1,197,456.00

95.19 5.44%
1,142,233.20
2,741.67

0.89%
(55,222.80)
Aaa / AA+
AA+

1.38 1.32
3130AWLZ1 FHLB Note

4.750% Due 06/12/2026
2,000,000.00 08/16/2023

4.78%
1,998,620.00
1,998,620.00

99.49 4.95%
1,989,864.00
21,375.00

1.56%
(8,756.00)
Aaa / AA+
NR

2.70 2.48
3133EPSW6 FFCB Note

4.500% Due 08/14/2026
2,405,000.00 08/09/2023

4.58%
2,399,468.50
2,399,468.50

99.01 4.87%
2,381,192.91
14,129.38

1.86%
(18,275.59)
Aaa / AA+
AA+

2.87 2.65
3130AWTQ3 FHLB Note

4.625% Due 09/11/2026
4,500,000.00 Various

4.81%
4,476,030.00
4,476,030.00

99.20 4.91%
4,464,180.00
32,953.13

3.48%
(11,850.00)
Aaa / AA+
NR

2.95 2.70
3130AVVX7 FHLB Note

3.750% Due 06/09/2028
1,120,000.00 06/07/2023

4.00%
1,107,243.20
1,107,243.20

96.07 4.69%
1,076,023.20
17,266.67

0.85%
(31,220.00)
Aaa / AA+
NR

4.70 4.17
3130AWC24 FHLB Note

4.000% Due 06/09/2028
2,000,000.00 07/06/2023

4.49%
1,956,940.00
1,956,940.00

97.12 4.69%
1,942,354.00
26,666.67

1.53%
(14,586.00)
Aaa / AA+
NR

4.70 4.16
TOTAL Agency 26,420,000.00 2.85%
26,483,401.85
26,483,401.85 5.15%
25,937,590.48
171,942.59

20.22%
(545,811.37)
Aaa / AA+
AA+

1.85 1.69
CMO
3137BM7C4 FHLMC K051 A2

3.308% Due 09/25/2025
1,223,000.00 06/23/2022

3.33%
1,220,420.23
1,220,420.23

96.05 5.51%
1,174,712.29
3,371.40

0.91%
(45,707.94)

NR / NR
AAA

1.99 1.74
3137BSP72 FHLMC K058 A2

2.653% Due 08/25/2026
2,000,000.00 02/09/2023

4.35%
1,890,546.88
1,890,546.88

93.06 5.27%
1,861,102.00
4,421.67

1.45%
(29,444.88)

NR / NR
AAA

2.90 2.68
3137BTUM1 FHLMC K061 A2

3.347% Due 11/25/2026
900,000.00 09/22/2022

4.37%
867,691.41
867,691.41

94.35 5.39%
849,162.60
2,510.25

0.66%
(18,528.81)

NR / NR
AAA

3.16 2.76
3137BVZ82 FHLMC K063

3.430% Due 01/25/2027
862,000.00 Various

4.09%
839,600.51
839,600.51

94.62 5.26%
815,642.51
2,463.89

0.63%
(23,958.00)

NR / NR
AAA

3.32 2.93
3137F1G44 FHLMC K065 A2

3.243% Due 04/25/2027
1,000,000.00 09/19/2022

4.08%
965,468.75
965,468.75

93.83 5.18%
938,279.00
2,702.50

0.73%
(27,189.75)

NR / NR
AAA

3.57 3.20
3137FBU79 FHLMC K069 A2

3.187% Due 09/25/2027
1,250,000.00 05/18/2023

4.65%
1,200,732.43
1,200,732.43

92.91 5.22%
1,161,322.50
3,319.79

0.90%
(39,409.93)

NR / AAA
NR

3.99 3.53
3137F4X72 FHLMC K075 A2

3.650% Due 02/25/2028
1,165,000.00 09/14/2023

4.92%
1,107,478.13
1,107,478.13

94.02 5.18%
1,095,364.46
3,543.54

0.85%
(12,113.67)

NR / NR
AAA

4.41 3.93
TOTAL CMO 8,400,000.00 4.26%
8,091,938.34
8,091,938.34 5.28%
7,895,585.36
22,333.04