Attachment 3 Chandler Monthly Statements for January, February, and March 2025

MONTHLY ACCOUNT STATEMENT
City of Orange Cons | Account #10897 | As of January 31, 2025 CHANDLER ASSET MANAGEMENT | chandlerasset.com
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 at the end of the statement.

Chandler Team:

For questions about your account, please call (800) 317-4747, or contact [email protected]
Custodian:

PORTFOLIO SUMMARY
Portfolio Characteristics
Sector Allocation
Account Summary
Maturity Distribution
Top Issuers
Credit Quality (S&P)
Average Modified Duration 1.48
Average Coupon 2.92%
Average Purchase YTM 2.98%
Average Market YTM 3.73%
Average Credit Quality* AA+
Average Final Maturity 1.73
Average Life 1.51
End Values as of
12/31/2024
End Values as of
01/31/2025
Market Value 147,423,748.89 157,333,091.66
Accrued Interest 750,334.91 716,748.90
Total Market Value 148,174,083.81 158,049,840.56
Income Earned 323,576.68 535,146.39
Cont/WD 10,735,761.00 9,233,611.73
Par 148,950,557.82 158,584,676.00
Book Value 148,760,410.07 158,401,118.72
Cost Value 148,714,521.87 158,350,512.93
LAIF 19.06%
Government of The United States 16.41%
Wells Fargo & Company 15.42%
Federal Home Loan Banks 12.50%
Federal Home Loan Mortgage Corp 5.26%
Farm Credit System 5.18%
Toyota Motor Corporation 3.10%
Apple Inc. 1.84%
*The average credit quality is a weighted average calculation of the highest of S&P , Moody’s and Fitch.

STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes

AGENCY MORTGAGE SECURITIES (CMOS)
Max % (BV; ABS, CMO & MBS) 20.0 4.1 Compliant
Max Maturity (Years) 5.0 0.0 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant

ASSET-BACKED SECURITIES (ABS)
Max % (BV) 20.0 4.1 Compliant
Max % Issuer (BV) 5.0 0.7 Compliant
Max Maturity (Years) 5 4 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant

COMMERCIAL PAPER
Max % (BV) 40.0 0.0 Compliant
Max % Issuer (BV) 5.0 0.0 Compliant
Max Maturity (Days) 270 0.0 Compliant
Min Rating (A-1 by 1 or A- by 1) 0.0 0.0 Compliant

CORPORATE MEDIUM TERM NOTES
Max % (BV) 30.0 19.3 Compliant
Max % Issuer (BV) 5.0 3.2 Compliant
Max Maturity (Years) 5 4 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

FEDERAL AGENCIES
Max % (BV) 75.0 23.2 Compliant
Max % Issuer (BV) 30.0 12.6 Compliant
Max Callables (BV) 20.0 14.2 Compliant
Max Maturity (Years) 5 4 Compliant

LOCAL AGENCY INVESTMENT FUND (LAIF)
Max Concentration (BV) 75.0 30.0 Compliant

LOCAL GOVERNMENT INVESTMENT POOL (LGIP)
Max % (BV) 100.0 0.0 Compliant

MONEY MARKET MUTUAL FUNDS
Max % (BV) 20.0 0.3 Compliant
Max % Issuer (BV) 20.0 0.3 Compliant
Min Rating (AAA by 2) 0.0 0.0 Compliant

STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes
Max % Issuer (BV) 5.0 0.0 Compliant
Max Maturity (Years) 5.0 0.0 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant

MUNICIPAL SECURITIES (CA, LOCAL AGENCY)
Max % (BV) 20.0 0.0 Compliant
Max % Issuer (BV) 5.0 0.0 Compliant
Max Maturity (Years) 5 0.0 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

MUNICIPAL SECURITIES (CA, OTHER STATES)
Max % (BV) 20.0 0.0 Compliant
Max % Issuer (BV) 5.0 0.0 Compliant
Max Maturity (Years) 5 0.0 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

SUPRANATIONAL OBLIGATIONS
Max % (BV) 30.0 2.3 Compliant
Max % Issuer (BV) 10.0 1.2 Compliant
Max Maturity (Years) 5 3 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant
U.S. TREASURIES
Max % (BV) 100.0 16.5 Compliant
Max Maturity (Years) 5 4 Compliant
CONFIDENTIAL | 5
City of Orange Cons | Account #10897 | As of January 31, 2025 Execution Time: 03/26/2025 11:37:38 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

RECONCILIATION SUMMARY
Accrual Activity Summary
Fair Market Activity Summary
Month to Date Fiscal Year to Date
(01/01/2025)
Beginning Book Value 148,760,410.07 148,760,410.07
Maturities/Calls 0.00 0.00
Principal Paydowns (33,637.39) (33,637.39)
Purchases 15,243,116.12 15,243,116.12
Sales (5,419,774.96) (5,419,774.96)
Change in Cash, Payables, Receivables (142,318.47) (142,318.47) Amortization/Accretion 5,591.31 5,591.31
Realized Gain (Loss) (12,267.95) (12,267.95)
Ending Book Value 158,401,118.72 158,401,118.72
Month to Date Fiscal Year to Date
(01/01/2025)
Beginning Market Value 147,423,748.89 147,423,748.89
Maturities/Calls 0.00 0.00
Principal Paydowns (33,637.39) (33,637.39)
Purchases 15,243,116.12 15,243,116.12
Sales (5,419,774.96) (5,419,774.96)
Change in Cash, Payables, Receivables (142,318.47) (142,318.47) Amortization/Accretion 5,591.31 5,591.31
Change in Net Unrealized Gain (Loss) 268,634.11 268,634.11 Realized Gain (Loss) (12,267.95) (12,267.95)
Ending Market Value 157,333,091.66 157,333,091.66
Maturities / Calls
Month to Date 0.00
Fiscal Year to Date 0.00
Principal Paydowns
Month to Date (33,637.39)
Fiscal Year to Date (33,637.39)
Purchases
Month to Date 15,243,116.12
Fiscal Year to Date 15,243,116.12
Sales
Month to Date (5,419,774.96)
Fiscal Year to Date (5,419,774.96)
Interest Received
Month to Date 556,671.53
Fiscal Year to Date 556,671.53
Purchased / Sold Interest
Month to Date 6,469.56
Fiscal Year to Date 6,469.56
CONFIDENTIAL | 6
City of Orange Cons | Account #10897 | As of January 31, 2025 Execution Time: 03/26/2025 11:37:38 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
ABS
05593AAC3 BMWLT 2023-1 A3 5.16
11/25/2025 13,571.30 02/07/2023

5.43%
13,570.98
13,571.21
100.04

4.68%
13,576.99

11.67 0.01%

5.78 AAA/AAA
NA

0.82 0.08
43815JAC7 HAROT 2023-1 A3 5.04
04/21/2027 184,835.52 02/16/2023

5.09%
184,801.17
184,817.20
100.32

4.55%
185,425.59
258.77

0.12%
608.38
AAA/NA
AAA

2.22 0.58
47800CAC0 JDOT 2023 A3 5.01 11/15/2027 388,216.40 02/22/2023

3.39%
388,145.66
388,174.55
100.39

4.62%
389,747.52
864.43

0.25%
1,572.97
AAA/NA
AAA

2.79 0.88
05592XAD2 BMWOT 2023-A A3 5.47
02/25/2028 190,000.00 07/11/2023

5.47%
189,966.33
189,977.61
100.81

4.45%
191,547.99
173.22

0.12%
1,570.37
NA/AAA
AAA

3.07 0.75
02582JJZ4 AMXCA 2023-1 A 4.87
05/15/2026 350,000.00 06/07/2023

4.87%
349,968.96
349,982.40
100.52

4.49%
351,818.22
757.56

0.22%
1,835.81
NA/AAA
AAA

1.28 1.22
438123AC5 HAROT 2023-4 A3 5.67
06/21/2028 330,000.00 11/01/2023

5.74%
329,941.89
329,957.43
101.48

4.51%
334,873.01
519.75

0.21%
4,915.59
AAA/NA
AAA

3.39 1.18
161571HT4 CHAIT 2023-1 A 5.16 09/15/2028 1,060,000.00 09/07/2023

5.17%
1,059,706.17
1,059,787.39
101.09

4.50%
1,071,508.63
2,430.93

0.68%
11,721.24
NA/AAA
AAA

3.62 1.52
02582JKD1 AMXCA 2023-3 A 5.23
09/15/2028 1,055,000.00 09/12/2023

5.29%
1,054,952.84
1,054,965.80
101.26

4.46%
1,068,243.94
2,452.29

0.68%
13,278.14
NA/AAA
AAA

3.62 1.52
096919AD7 BMWOT 2024-A A3 5.18
02/26/2029 450,000.00 06/04/2024

5.24%
449,931.65
449,940.98
101.04

4.49%
454,692.56
388.50

0.29%
4,751.57

AAA/AAA
NA

4.07 1.40
47786WAD2 JDOT 2024-B A3 5.2 03/15/2029 510,000.00 06/11/2024

5.26%
509,900.30
509,913.43
101.30

4.69%
516,607.51
1,178.67

0.33%
6,694.08
AAA/NA
AAA

4.12 2.27
44934QAD3 HART 2024-B A3 4.84
03/15/2029 285,000.00 07/16/2024

4.90%
284,956.99
284,961.86
100.59

4.59%
286,676.57
613.07

0.18%
1,714.71
NA/AAA
AAA

4.12 1.97
43813YAC6 HAROT 2024-3 A3 4.57
03/21/2029 630,000.00 08/09/2024

4.62%
629,901.03
629,910.73
100.10

4.56%
630,633.59
799.75

0.40%
722.86
AAA/NA
AAA

4.13 1.76
05522RDJ4 BACCT 2024-1 A 4.93
05/15/2029 505,000.00 06/06/2024

4.93%
504,971.67
504,975.43
100.95

4.53%
509,817.55
1,106.51

0.32%
4,842.11

AAA/AAA
NA

4.28 2.11
92970QAE5 WFCIT 2024-2 A 4.29
10/15/2029 560,000.00 10/17/2024

4.33%
559,916.78
559,921.36

99.48 4.54%
557,079.21
1,067.73

0.35%
(2,842.15)

AAA/AAA
NA

4.70 2.49
Total ABS 6,511,623.22 4.96%
6,510,632.43
6,510,857.39
100.78

4.53%
6,562,248.87
12,622.84

4.17%
51,391.47

3.66 1.62
AGENCY
3130ANA42 FEDERAL HOME LOAN BANKS

0.65 04/28/2025 4,000,000.00 07/28/2021

0.65%
4,000,000.00
4,000,000.00

99.16 4.25%
3,966,374.88
216.67

2.52%
(33,625.12)
AAA/AA
AA

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
3130AMBG6 FEDERAL HOME LOAN BANKS

0.75 04/29/2025 5,000,000.00 05/04/2021

0.75%
5,000,000.00
5,000,000.00

99.15 4.34%
4,957,512.10
9,583.33

3.15%
(42,487.90)
AAA/AA
AA

0.24 0.24
3134GW3Z7

FEDERAL HOME LOAN
MORTGAGE CORP 0.6
10/28/2025
8,500,000.00 10/28/2020

0.60%
8,500,000.00
8,500,000.00

97.37 4.26%
8,276,522.59
13,175.00

5.26%
(223,477.41)
AAA/AA
AA

0.74 0.72
3133EPCF0 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.5 03/02/2026 2,000,000.00 03/27/2023

4.01%
2,026,680.00
2,009,824.22
100.30

4.21%
2,006,015.60
37,250.00

1.28%
(3,808.62)
AAA/AA
AA

1.08 1.03
3133EPQC2

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.625
07/17/2026
2,000,000.00 07/28/2023

4.66%
1,998,260.00
1,999,146.08
100.51

4.26%
2,010,116.62
3,597.22

1.28%
10,970.54
AAA/AA
AA

1.46 1.39
3130ANDF4 FEDERAL HOME LOAN BANKS 0.9
07/29/2026 5,000,000.00 07/29/2021

0.90%
5,010,000.00
5,000,000.00

95.15 4.30%
4,757,535.35
250.00

3.02%
(242,464.65)
AAA/AA
AA

1.49 1.45
3133EPDJ1

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.375
09/15/2027
2,000,000.00 03/27/2023

3.81%
2,045,720.00
2,026,782.06
100.27

4.26%
2,005,334.82
33,055.56

1.27%
(21,447.24)
AAA/AA
AA

2.62 2.41
3130ATS57 FEDERAL HOME LOAN BANKS 4.5
03/10/2028 2,000,000.00 03/27/2023

3.82%
2,060,420.00
2,037,841.82
100.60

4.29%
2,012,038.32
35,250.00

1.28%
(25,803.50)
AAA/AA
AA

3.11 2.82
3130AEB25 FEDERAL HOME LOAN BANKS

3.25 06/09/2028 2,000,000.00 07/24/2023

4.15%
1,921,180.00
1,945,830.61

96.87 4.26%
1,937,355.16
9,388.89

1.23%
(8,475.45)
AAA/AA
AA

3.36 3.12
3130AXQK7 FEDERAL HOME LOAN BANKS

4.75 12/08/2028 2,000,000.00 01/29/2024

4.05%
2,060,660.00
2,048,076.64
101.54

4.31%
2,030,842.06
13,986.11

1.29%
(17,234.58)
AAA/AA
AA

3.85 3.47
3133ERDH1 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.75 04/30/2029 2,100,000.00 04/29/2024

4.70%
2,104,263.00
2,103,616.31
101.70

4.31%
2,135,663.50
25,214.58

1.36%
32,047.19
AAA/AA
AA

4.24 3.77
Total Agency 36,600,000.00 2.07%
36,727,183.00
36,671,117.75

98.66 4.28%
36,095,311.00
180,967.36

22.94%
(575,806.75)

1.53 1.43
CASH
999WEL$14 Wells Fargo 520,332.11 -- 520,332.11
520,332.11

1.00 0.00%
520,332.11

0.00 0.33%

0.00 NA/NA
NA

0.00 0.00
999WEL$15 Wells Fargo 23,634,142.28 --

0.00%
23,634,142.28
23,634,142.28

1.00 0.00%
23,634,142.28

0.00 15.02%

0.00 NA/NA
NA

0.00 0.00
999WEL$12 Wells Fargo General 103,642.00 --

4.26%
103,642.00
103,642.00

1.00 4.26%
103,642.00

0.00 0.07%

0.00 NA/NA
NA

0.00 0.00
CCYUSD Receivable 1,420.85 --

0.00%
1,420.85
1,420.85

1.00 0.00%
1,420.85

0.00 0.00%

0.00 AAA/AAA
AAA

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
CCYUSD Receivable 113,088.87 --

0.00%
113,088.87
113,088.87

1.00 0.00%
113,088.87

0.00 0.07%

0.00 AAA/AAA
AAA

0.00 0.00
Total Cash 24,372,626.11 0.02%
24,372,626.11
24,372,626.11

1.00 0.02%
24,372,626.11

0.00 15.49%

0.00 0.00

0.00 CORPORATE
24422EWF2 JOHN DEERE CAPITAL CORP 3.4
06/06/2025 280,000.00 06/01/2022

3.41%
279,935.60
279,992.66

99.63 4.47%
278,965.25
1,454.44

0.18%
(1,027.41)
A/A
A

0.34 0.34
91324PEN8 UNITEDHEALTH GROUP INC 5.15
10/15/2025 775,000.00 12/28/2022

4.56%
786,780.00
777,956.55
100.50

4.40%
778,896.97
11,752.01

0.50%
940.42
A/A
A

0.70 0.67
89236THP3 TOYOTA MOTOR CREDIT CORP

0.8 10/16/2025 5,000,000.00 11/19/2020

0.70%
5,025,000.00
5,003,585.38

97.49 4.46%
4,874,625.60
11,666.67

3.10%
(128,959.78)
A/A
A

0.71 0.69
63743HFF4

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

5.45 10/30/2025
495,000.00 10/20/2022

5.50%
494,336.70
494,835.84
100.66

4.52%
498,267.58
6,819.31

0.32%
3,431.74
A/A
A

0.74 0.71
037833EB2 APPLE INC 0.7 02/08/2026 3,000,000.00 02/08/2021

0.70%
2,999,730.00
2,999,944.99

96.45 4.31%
2,893,586.22
10,091.67

1.84%
(106,358.77)
AAA/AA
NA

1.02 0.99
713448FQ6 PEPSICO INC 4.55 02/13/2026 195,000.00 02/13/2023

4.57%
194,886.90
194,961.03
100.16

4.39%
195,315.71
4,140.50

0.12%
354.68
A/A
NA

1.04 0.90
907818GE2 UNION PACIFIC CORP 4.75
02/21/2026 470,000.00 02/13/2023

4.77%
469,689.80
469,891.03
100.29

4.46%
471,362.32
9,922.22

0.30%
1,471.28
A/A
A

1.06 0.92
46647PBK1 JPMORGAN CHASE & CO 2.083
04/22/2026 1,250,000.00 05/31/2022

3.92%
1,190,825.00
1,245,221.02

99.42 5.98%
1,242,695.66
7,160.31

0.79%
(2,525.36)
A/A
AA

1.22 0.22
61747YET8 MORGAN STANLEY 4.679
07/17/2026 775,000.00 12/28/2022

5.26%
764,390.25
773,105.07

99.95 5.65%
774,647.02
1,410.20

0.49%
1,541.95
A/A
A

1.46 0.45
24422EXD6 JOHN DEERE CAPITAL CORP 5.15
09/08/2026 505,000.00 09/05/2023

5.18%
504,641.45
504,808.95
101.11

4.42%
510,623.40
10,330.76

0.32%
5,814.45
A/A
A

1.60 1.49
713448FW3 PEPSICO INC 5.125 11/10/2026 380,000.00 11/08/2023

5.13%
379,897.40
379,939.43
101.25

4.38%
384,762.47
4,381.88

0.24%
4,823.04
A/A
NA

1.77 1.58
06368LAQ9 BANK OF MONTREAL 4.7
09/14/2027 1,000,000.00 03/30/2023

4.91%
991,550.00
995,043.15
100.16

4.63%
1,001,612.96
17,886.11

0.64%
6,569.81
A/A
AA

2.62 2.32
78016FZW7 ROYAL BANK OF CANADA 4.9
01/12/2028 1,000,000.00 03/30/2023

4.95%
997,990.00
998,763.87
100.69

4.64%
1,006,919.39
2,586.11

0.64%
8,155.52
A/A
AA

2.95 2.71
06051GGF0 BANK OF AMERICA CORP 3.824
01/20/2028 1,250,000.00 06/27/2024

5.30%
1,206,175.00
1,216,382.10

98.22 5.23%
1,227,806.65
1,460.56

0.78%
11,424.55
A/A
AA

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
713448FL7 PEPSICO INC 3.6 02/18/2028 1,500,000.00 03/27/2024

4.49%
1,452,735.00
1,463,038.90

97.68 4.42%
1,465,173.03
24,450.00

0.93%
2,134.13
A/A
NA

3.05 2.80
58933YBH7 MERCK & CO INC 4.05
05/17/2028 1,250,000.00 09/26/2024

3.76%
1,261,775.00
1,260,622.90

98.93 4.40%
1,236,653.83
10,406.25

0.79%
(23,969.08)
A/A
NA

3.29 3.02
91324PEU2 UNITEDHEALTH GROUP INC 4.25
01/15/2029 1,000,000.00 05/28/2024

5.05%
967,180.00
971,990.50

98.18 4.76%
981,791.46
1,888.89

0.62%
9,800.96
A/A
A

3.96 3.58
69371RS80 PACCAR FINANCIAL CORP 4.6
01/31/2029 1,200,000.00 03/27/2024

4.70%
1,194,684.00
1,195,615.05

99.83 4.65%
1,197,910.07
153.33

0.76%
2,295.02
A/A
NA

4.00 3.61
17275RBR2 CISCO SYSTEMS INC 4.85
02/26/2029 1,250,000.00 02/27/2024

4.84%
1,250,650.00
1,250,527.47
100.78

4.64%
1,259,704.09
26,102.43

0.80%
9,176.62
A/AA
NA

4.07 3.51
437076DC3 HOME DEPOT INC 4.75
06/25/2029 1,250,000.00 06/27/2024

4.82%
1,245,987.50
1,246,467.33
100.29

4.67%
1,253,673.55
5,937.50

0.80%
7,206.22
A/A
A

4.40 3.84
532457CQ9 ELI LILLY AND CO 4.2 08/14/2029 705,000.00 08/12/2024

4.25%
703,456.05
703,600.64

98.38 4.60%
693,595.98
13,735.75

0.44%
(10,004.65)
A/A
NA

4.53 4.00
171239AL0 CHUBB INA HOLDINGS LLC 4.65
08/15/2029 1,250,000.00 09/26/2024

4.08%
1,280,725.00
1,278,497.79

99.34 4.81%
1,241,806.30
29,223.96

0.79%
(36,691.49)
A/A
A

4.54 3.95
40139LBJ1 GUARDIAN LIFE GLOBAL
FUNDING 4.179 09/26/2029 1,300,000.00 11/26/2024

4.67%
1,272,336.00
1,273,371.05

97.39 4.81%
1,266,019.01
18,863.54

0.80%
(7,352.03)
AA/AA
NA

4.65 4.10
64952WFK4 NEW YORK LIFE GLOBAL
FUNDING 4.6 12/05/2029 830,000.00 12/02/2024

4.61%
829,526.90
829,541.93

99.21 4.78%
823,468.85
5,939.11

0.52%
(6,073.08)
AAA/AA
AAA

4.84 4.26
14913UAX8 CATERPILLAR FINANCIAL
SERVICES CORP 4.8 01/08/2030 960,000.00 01/06/2025

4.84%
958,147.20
958,171.55
100.39

4.71%
963,778.59
2,944.00

0.61%
5,607.04
A/A
A

4.94 4.33
59217GFT1 METROPOLITAN LIFE GLOBAL
FUNDING I 4.9 01/09/2030 820,000.00 01/02/2025

4.95%
818,310.80
818,332.08

99.71 4.97%
817,607.19
2,455.44

0.52%
(724.89)
AA/AA
AA

4.94 4.32
57629TBV8 MASSMUTUAL GLOBAL
FUNDING II 4.95 01/10/2030 1,000,000.00 01/03/2025

4.96%
999,520.00
999,525.78
100.42

4.85%
1,004,217.43
2,887.50

0.64%
4,691.65
AA/AA
AA

4.94 4.32
Total Corporate 30,690,000.00 3.66%
30,520,861.55
30,583,734.03

98.90 4.68%
30,345,486.58
246,050.46

19.29%
(238,247.46)

2.69 2.32
LAIF
90LAIF$00 Local Agency Investment Fund
State Pool 29,989,857.74 --

4.35%
29,989,857.74
29,989,857.74

1.00 4.35%
29,989,857.74

0.00 19.06%

0.00 NA/NA
NA

0.00 0.00
Total LAIF 29,989,857.74 4.35%
29,989,857.74
29,989,857.74

1.00 4.35%
29,989,857.74

0.00 19.06%

0.00 0.00

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration

MONEY MARKET
FUND
31846V203 FIRST AMER:GVT OBLG Y 475,568.93 --

4.02%
475,568.93
475,568.93

1.00 4.02%
475,568.93

0.00 0.30%

0.00 AAA/AAA
AAA

0.00 0.00
Total Money
Market Fund 475,568.93 4.02%
475,568.93
475,568.93

1.00 4.02%
475,568.93

0.00 0.30%

0.00 0.00

0.00 SUPRANATIONAL
4581X0EK0

INTER-AMERICAN
DEVELOPMENT BANK 4.5
05/15/2026
1,720,000.00 06/27/2023

4.53%
1,718,675.60
1,719,406.30
100.23

4.31%
1,723,870.21
16,340.00

1.10%
4,463.90

AAA/AAA
NA

1.28 1.22
459058KT9

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.5 07/12/2028
2,000,000.00 07/24/2023

4.19%
1,938,380.00
1,957,277.25

97.30 4.35%
1,946,034.34
3,694.44

1.24%
(11,242.91)

AAA/AAA
NA

3.45 3.19
Total
Supranational 3,720,000.00 4.35%
3,657,055.60
3,676,683.56

98.67 4.33%
3,669,904.55
20,034.44

2.33%
(6,779.01)

2.43 2.27

US TREASURY
91282CCZ2 UNITED STATES TREASURY 0.875
09/30/2026 3,000,000.00 09/30/2021

1.01%
2,980,546.88
2,993,544.04

94.71 4.22%
2,841,328.14
8,942.31

1.81%
(152,215.90)
AAA/AA
AA

1.66 1.61
91282CGT2 UNITED STATES TREASURY 3.625
03/31/2028 1,825,000.00 --

3.68%
1,822,165.04
1,822,165.33

98.16 4.25%
1,791,494.13
22,536.74

1.14%
(30,671.20)
AAA/AA
AA

3.16 2.91
91282CJF9 UNITED STATES TREASURY 4.875
10/31/2028 2,200,000.00 05/28/2024

4.57%
2,226,640.63
2,222,552.22
101.98

4.30%
2,243,484.36
27,553.18

1.43%
20,932.15
AAA/AA
AA

3.75 3.35
9128285M8 UNITED STATES TREASURY 3.125
11/15/2028 2,000,000.00 12/28/2023

3.86%
1,935,078.13
1,949,642.77

95.93 4.30%
1,918,593.76
13,466.85

1.22%
(31,049.01)
AAA/AA
AA

3.79 3.49
91282CKD2 UNITED STATES TREASURY 4.25
02/28/2029 2,200,000.00 03/27/2024

4.18%
2,206,617.19
2,205,476.30

99.76 4.31%
2,194,671.86
39,776.24

1.39%
(10,804.43)
AAA/AA
AA

4.08 3.63
91282CKG5 UNITED STATES TREASURY 4.125
03/31/2029 2,200,000.00 05/28/2024

4.53%
2,161,156.25
2,166,608.00

99.26 4.32%
2,183,671.86
30,914.84

1.39%
17,063.86
AAA/AA
AA

4.16 3.72
91282CKP5 UNITED STATES TREASURY 4.625
04/30/2029 2,000,000.00 --

4.13%
2,042,382.82
2,038,214.64
101.17

4.32%
2,023,359.38
23,763.81

1.29%
(14,855.26)
AAA/AA
AA

4.24 3.77
91282CKT7 UNITED STATES TREASURY 4.5
05/31/2029 2,200,000.00 06/13/2024

4.25%
2,224,578.13
2,221,431.26
100.70

4.32%
2,215,296.86
17,134.62

1.41%
(6,134.40)
AAA/AA
AA

4.33 3.86
91282CLC3 UNITED STATES TREASURY 4.0
07/31/2029 2,000,000.00 09/26/2024

4.30%
2,038,515.62
2,035,748.94

98.69 4.32%
1,973,750.00
220.99

1.25%
(61,998.94)
AAA/AA
AA

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
91282CFJ5 UNITED STATES TREASURY 3.125
08/31/2029 2,000,000.00 10/30/2024

4.10%
1,915,156.25
1,919,626.77

95.01 4.34%
1,900,234.38
26,588.40

1.21%
(19,392.39)
AAA/AA
AA

4.58 4.14
91282CFL0 UNITED STATES TREASURY 3.875
09/30/2029 2,200,000.00 10/30/2024

4.50%
2,177,828.13
2,178,976.87

98.05 4.34%
2,157,203.14
29,041.21

1.37%
(21,773.73)
AAA/AA
AA

4.66 4.15
91282CMA6 UNITED STATES TREASURY 4.125
11/30/2029 2,400,000.00 12/27/2024

4.45%
2,366,062.50
2,366,686.07

99.13 4.33%
2,379,000.00
17,134.62

1.51%
12,313.93
AAA/AA
AA

4.83 4.30
Total US Treasury 26,225,000.00 3.89%
26,096,727.57
26,120,673.21

98.52 4.30%
25,822,087.88
257,073.80

16.41%
(298,585.32)

3.93 3.54
Total Portfolio 158,584,676.00 2.98%
158,350,512.93
158,401,118.72

64.73 3.73%
157,333,091.66
716,748.90
100.00%
(1,068,027.07)

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/
Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 01/03/2025 31846V203 543.69 FIRST AMER:GVT OBLG Y 1.000 (543.69) 0.00 (543.69) 0.00 Purchase 01/07/2025 31846V203 2,643,217.47 FIRST AMER:GVT OBLG Y 1.000 (2,643,217.47) 0.00 (2,643,217.47) 0.00 Purchase 01/08/2025 14913UAX8 960,000.00

CATERPILLAR FINANCIAL
SERVICES CORP 4.8
01/08/2030

99.807 4.84% (958,147.20) 0.00 (958,147.20) 0.00
Purchase 01/09/2025 59217GFT1 820,000.00

METROPOLITAN LIFE
GLOBAL FUNDING I 4.9
01/09/2030

99.794 4.95% (818,310.80) 0.00 (818,310.80) 0.00
Purchase 01/10/2025 57629TBV8 1,000,000.00

MASSMUTUAL GLOBAL
FUNDING II 4.95
01/10/2030

99.952 4.96% (999,520.00) 0.00 (999,520.00) 0.00
Purchase 01/13/2025 31846V203 59,500.00 FIRST AMER:GVT OBLG Y 1.000 (59,500.00) 0.00 (59,500.00) 0.00 Purchase 01/15/2025 31846V203 4,076.71 FIRST AMER:GVT OBLG Y 1.000 (4,076.71) 0.00 (4,076.71) 0.00 Purchase 01/15/2025 31846V203 43,618.69 FIRST AMER:GVT OBLG Y 1.000 (43,618.69) 0.00 (43,618.69) 0.00 Purchase 01/17/2025 31846V203 64,381.13 FIRST AMER:GVT OBLG Y 1.000 (64,381.13) 0.00 (64,381.13) 0.00 Purchase 01/21/2025 31846V203 43,434.26 FIRST AMER:GVT OBLG Y 1.000 (43,434.26) 0.00 (43,434.26) 0.00 Purchase 01/27/2025 31846V203 14,169.20 FIRST AMER:GVT OBLG Y 1.000 (14,169.20) 0.00 (14,169.20) 0.00 Purchase 01/27/2025 31846V203 866.08 FIRST AMER:GVT OBLG Y 1.000 (866.08) 0.00 (866.08) 0.00 Purchase 01/28/2025 31846V203 13,000.00 FIRST AMER:GVT OBLG Y 1.000 (13,000.00) 0.00 (13,000.00) 0.00 Purchase 01/29/2025 31846V203 22,500.00 FIRST AMER:GVT OBLG Y 1.000 (22,500.00) 0.00 (22,500.00) 0.00 Purchase 01/31/2025 31846V203 67,600.00 FIRST AMER:GVT OBLG Y 1.000 (67,600.00) 0.00 (67,600.00) 0.00 Purchase 01/31/2025 999WEL$14 10,137.91 Wells Fargo 1.000 0.00% (10,137.91) 0.00 (10,137.91) 0.00 Purchase 01/31/2025 999WEL$15 9,184,026.17 Wells Fargo 1.000 0.00% (9,184,026.17) 0.00 (9,184,026.17) 0.00 Purchase 01/31/2025 999WEL$12 27,866.00 Wells Fargo General 1.000 4.26% (27,866.00) 0.00 (27,866.00) 0.00 Purchase 01/31/2025 90LAIF$00 268,200.81 Local Agency Investment Fund State Pool 1.000 4.35% (268,200.81) 0.00 (268,200.81) 0.00 Total Purchase 15,247,138.12 (15,243,116.12) 0.00 (15,243,116.12) 0.00 TOTAL
ACQUISITIONS 15,247,138.12 (15,243,116.12) 0.00 (15,243,116.12) 0.00

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/
Sold Total Amount Gain/Loss
Sale 01/07/2025 3135GA4W8 (2,650,000.00)

FEDERAL NATIONAL

MORTGAGE ASSOCIATION

0.5 02/18/2025

99.551 0.50% 2,638,101.50 (5,115.97) 2,643,217.47 (11,898.50) Sale 01/08/2025 31846V203 (958,147.20) FIRST AMER:GVT OBLG Y 1.000 958,147.20 0.00 958,147.20 0.00 Sale 01/09/2025 31846V203 (622,347.83) FIRST AMER:GVT OBLG Y 1.000 622,347.83 0.00 622,347.83 0.00 Sale 01/09/2025 91282CHA2 (200,000.00) UNITED STATES TREASURY

3.5 04/30/2028 97.305 4.33% 194,609.38 (1,353.59) 195,962.97 (369.45) Sale 01/10/2025 31846V203 (6,356.81) FIRST AMER:GVT OBLG Y 1.000 6,356.81 0.00 6,356.81 0.00 Sale 01/10/2025 31846V203 (999,520.00) FIRST AMER:GVT OBLG Y 1.000 999,520.00 0.00 999,520.00 0.00 Sale 01/24/2025 31846V203 (692.24) FIRST AMER:GVT OBLG Y 1.000 692.24 0.00 692.24 0.00 Total Sale (5,437,064.08) 5,419,774.96 (6,469.56) 5,426,244.52 (12,267.95) TOTAL
DISPOSITIONS (5,437,064.08) 5,419,774.96 (6,469.56) 5,426,244.52 (12,267.95) OTHER

TRANSACTIONS
Cash Transfer 01/15/2025 CCYUSD (256,284.50) Cash (256,284.50) 0.00 (256,284.50) 0.00 Cash Transfer 01/31/2025 CCYUSD 9,489,896.23 Cash 9,489,896.23 0.00 9,489,896.23 0.00 Total Cash
Transfer 9,233,611.73 9,233,611.73 0.00 9,233,611.73 0.00 Coupon 01/12/2025 459058KT9 0.00

INTERNATIONAL BANK

FOR RECONSTRUCTION
AND DEVELOPM 3.5
07/12/2028

4.19% 35,000.00 0.00 35,000.00 0.00
Coupon 01/12/2025 78016FZW7 0.00 ROYAL BANK OF CANADA

4.9 01/12/2028 4.95% 24,500.00 0.00 24,500.00 0.00
Coupon 01/15/2025 47800CAC0 0.00 JDOT 2023 A3 5.01
11/15/2027 3.39% 1,649.13 0.00 1,649.13 0.00
Coupon 01/15/2025 92970QAE5 0.00 WFCIT 2024-2 A 4.29
10/15/2029 4.29% 2,002.00 0.00 2,002.00 0.00
Coupon 01/15/2025 02582JJZ4 0.00 AMXCA 2023-1 A 4.87
05/15/2026 4.87% 1,420.42 0.00 1,420.42 0.00
Coupon 01/15/2025 05522RDJ4 0.00 BACCT 2024-1 A 4.93
05/15/2029 4.93% 2,074.71 0.00 2,074.71 0.00
CONFIDENTIAL | 14
City of Orange Cons | Account #10897 | As of January 31, 2025 Execution Time: 03/26/2025 11:37:38 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/
Sold Total Amount Gain/Loss
Coupon 01/15/2025 91324PEU2 0.00 UNITEDHEALTH GROUP
INC 4.25 01/15/2029 5.05% 21,250.00 0.00 21,250.00 0.00 Coupon 01/15/2025 161571HT4 0.00 CHAIT 2023-1 A 5.16
09/15/2028 5.17% 4,558.00 0.00 4,558.00 0.00
Coupon 01/15/2025 02582JKD1 0.00 AMXCA 2023-3 A 5.23
09/15/2028 5.29% 4,598.04 0.00 4,598.04 0.00
Coupon 01/15/2025 44934QAD3 0.00 HART 2024-B A3 4.84
03/15/2029 5.45% 1,149.50 0.00 1,149.50 0.00
Coupon 01/15/2025 47786WAD2 0.00 JDOT 2024-B A3 5.2
03/15/2029 5.81% 2,210.00 0.00 2,210.00 0.00
Coupon 01/17/2025 3133EPQC2 0.00

FEDERAL FARM CREDIT

BANKS FUNDING CORP

4.625 07/17/2026

4.66% 46,250.00 0.00 46,250.00 0.00
Coupon 01/17/2025 61747YET8 0.00 MORGAN STANLEY 4.679
07/17/2026 5.26% 18,131.13 0.00 18,131.13 0.00
Coupon 01/20/2025 06051GGF0 0.00 BANK OF AMERICA CORP

3.824 01/20/2028 5.30% 23,900.00 0.00 23,900.00 0.00
Coupon 01/21/2025 43813YAC6 0.00 HAROT 2024-3 A3 4.57
03/21/2029 4.66% 2,399.25 0.00 2,399.25 0.00
Coupon 01/21/2025 43815JAC7 0.00 HAROT 2023-1 A3 5.04
04/21/2027 5.09% 838.21 0.00 838.21 0.00
Coupon 01/21/2025 438123AC5 0.00 HAROT 2023-4 A3 5.67
06/21/2028 5.74% 1,559.25 0.00 1,559.25 0.00
Coupon 01/25/2025 096919AD7 0.00 BMWOT 2024-A A3 5.18
02/26/2029 5.18% 1,942.50 0.00 1,942.50 0.00
Coupon 01/25/2025 05593AAC3 0.00 BMWLT 2023-1 A3 5.16
11/25/2025 5.43% 110.46 0.00 110.46 0.00
Coupon 01/25/2025 05592XAD2 0.00 BMWOT 2023-A A3 5.47
02/25/2028 5.47% 866.08 0.00 866.08 0.00
Coupon 01/28/2025 3130ANA42 0.00 FEDERAL HOME LOAN
BANKS 0.65 04/28/2025 0.65% 13,000.00 0.00 13,000.00 0.00 Coupon 01/29/2025 3130ANDF4 0.00 FEDERAL HOME LOAN
BANKS 0.9 07/29/2026 0.90% 22,500.00 0.00 22,500.00 0.00 Coupon 01/31/2025 91282CLC3 0.00 UNITED STATES TREASURY

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/
Sold Total Amount Gain/Loss
Coupon 01/31/2025 69371RS80 0.00 PACCAR FINANCIAL CORP

4.6 01/31/2029 4.70% 27,600.00 0.00 27,600.00 0.00
Total Coupon 0.00 299,508.68 0.00 299,508.68 0.00
Custody Fee 01/24/2025 CCYUSD (692.24) Cash (692.24) 0.00 (692.24) 0.00 Total Custody Fee (692.24) (692.24) 0.00 (692.24) 0.00
Dividend 01/31/2025 999WEL$12 0.00 Wells Fargo General 4.26% 334.66 0.00 334.66 0.00 Dividend 01/31/2025 31846V203 0.00 FIRST AMER:GVT OBLG Y 1,420.85 0.00 1,420.85 0.00 Total Dividend 0.00 1,755.51 0.00 1,755.51 0.00
Management Fee 01/10/2025 CCYUSD (6,356.81) Cash (6,356.81) 0.00 (6,356.81) 0.00 Total
Management Fee (6,356.81) (6,356.81) 0.00 (6,356.81) 0.00 Principal Paydown 01/15/2025 47800CAC0 6,783.60 JDOT 2023 A3 5.01 11/15/2027 3.39% 6,783.60 -- 6,783.60 (0.00)
Principal Paydown 01/21/2025 43815JAC7 14,737.55 HAROT 2023-1 A3 5.04 04/21/2027 5.09% 14,737.55 -- 14,737.55 (0.00)
Principal Paydown 01/25/2025 05593AAC3 12,116.24 BMWLT 2023-1 A3 5.16 11/25/2025 5.43% 12,116.24 -- 12,116.24 (0.00)
Total Principal
Paydown 33,637.39 33,637.39 -- 33,637.39 (0.00)

CASH & EQUIVALENTS
31846V203 FIRST AMER:GVT OBLG Y
475,568.93
85,725.78
2,976,907.23
(2,587,064.08)
475,568.93

0.00 543.69

0.00 0.00

0.00 543.69
543.69
999WEL$12 Wells Fargo General
103,642.00
75,776.00
27,866.00

0.00 103,642.00

0.00 334.66

0.00 0.00

0.00 334.66
334.66
999WEL$14 Wells Fargo
520,332.11
510,194.20
10,137.91

0.00 520,332.11

0.00 0.00

0.00 999WEL$15 Wells Fargo
23,634,142.28
14,450,116.11
9,184,026.17

0.00 23,634,142.28

0.00 0.00

0.00 CCYUSD Receivable
114,509.72
256,828.19

0.00 0.00
114,509.72

0.00 0.00

0.00 Total Cash & Equivalents 24,848,195.04
15,378,640.28
12,198,937.31
(2,587,064.08)
24,848,195.04

0.00 878.35

0.00 0.00

0.00 878.35 878.35

FIXED INCOME
02582JJZ4 AMXCA 2023-1 A 4.87
05/15/2026
06/07/2023
06/14/2023
350,000.00
349,981.24

0.00 0.00
349,982.40
757.56
1,420.42
757.56
1,420.42

1.17 0.00

1.17 1,421.59
1,421.59
02582JKD1 AMXCA 2023-3 A 5.23
09/15/2028
09/12/2023
09/19/2023
1,055,000.00
1,054,965.00

0.00 0.00
1,054,965.80
2,452.29
4,598.04
2,452.29
4,598.04

0.80 0.00

0.00 0.00
2,999,944.99
8,341.67

0.00 10,091.67
1,750.00

4.58 0.00

4.58 1,754.58
1,754.58
05522RDJ4 BACCT 2024-1 A 4.93
05/15/2029
06/06/2024
06/13/2024
505,000.00
504,974.95

0.00 0.00
504,975.43
1,106.51
2,074.71
1,106.51
2,074.71

0.49 0.00

0.49 2,075.20
2,075.20
05592XAD2 BMWOT 2023-A A3 5.47
02/25/2028
07/11/2023
07/18/2023
190,000.00
189,976.99

0.00 0.00
189,977.61
173.22
866.08
173.22
866.08

0.62 0.00

0.62 866.70
866.70
05593AAC3 BMWLT 2023-1 A3 5.16
11/25/2025
02/07/2023
02/15/2023
13,571.30
25,687.35

0.00 (12,116.24)
13,571.21

22.09 110.46

11.67 100.04

0.10 0.00

0.10 100.14
100.14
06051GGF0 BANK OF AMERICA CORP

3.824 01/20/2028
06/27/2024
06/28/2024
1,250,000.00
1,214,930.64

0.00 0.00
1,216,382.10
21,377.22
23,900.00
1,460.56
3,983.33
1,451.47

0.00 1,451.47
5,434.80
5,434.80
06368LAQ9 BANK OF MONTREAL 4.7
09/14/2027
03/30/2023
03/31/2023
1,000,000.00
994,882.25

0.00 0.00
995,043.15
13,969.44

0.00 17,886.11
3,916.67
160.90

0.00 160.90
4,077.57
4,077.57
096919AD7 BMWOT 2024-A A3 5.18
02/26/2029
06/04/2024
06/11/2024
450,000.00
449,939.75

0.00 0.00
449,940.98
388.50
1,942.50
388.50
1,942.50

1.23 0.00

1.23 1,943.73
1,943.73
14913UAX8

CATERPILLAR FINANCIAL
SERVICES CORP 4.8
01/08/2030
01/06/2025
01/08/2025
960,000.00

0.00 958,147.20

0.00 958,171.55

0.00 0.00
2,944.00
2,944.00

24.35 0.00

24.35 2,968.35
2,968.35
161571HT4 CHAIT 2023-1 A 5.16
09/15/2028
09/07/2023
09/15/2023
1,060,000.00
1,059,782.40

0.00 0.00
1,059,787.39
2,430.93
4,558.00
2,430.93
4,558.00

4.99 0.00

4.65 08/15/2029
09/26/2024
09/27/2024
1,250,000.00
1,279,041.44

0.00 0.00
1,278,497.79
24,380.21

0.00 29,223.96
4,843.75

0.00 (543.65)
(543.65)
4,300.10
4,300.10
17275RBR2 CISCO SYSTEMS INC 4.85
02/26/2029
02/27/2024
02/29/2024
1,250,000.00
1,250,538.71

0.00 0.00
1,250,527.47
21,050.35

0.00 26,102.43
5,052.08

0.00 (11.24)
(11.24)
5,040.85
5,040.85
24422EWF2 JOHN DEERE CAPITAL CORP

3.4 06/06/2025
06/01/2022
06/06/2022
280,000.00
279,990.83

0.00 0.00
279,992.66
661.11

0.00 1,454.44
793.33

1.82 0.00

1.82 795.15
795.15
24422EXD6 JOHN DEERE CAPITAL CORP

5.15 09/08/2026
09/05/2023
09/08/2023
505,000.00
504,798.81

0.00 0.00
504,808.95
8,163.47

0.00 10,330.76
2,167.29

10.14 0.00

10.14 2,177.43
2,177.43
3130AEB25 FEDERAL HOME LOAN BANKS

3.25 06/09/2028
07/24/2023
07/25/2023
2,000,000.00
1,944,458.67

0.00 0.00
1,945,830.61
3,972.22

0.00 9,388.89
5,416.67
1,371.94

0.00 1,371.94
6,788.60
6,788.60
3130AMBG6 FEDERAL HOME LOAN BANKS

0.75 04/29/2025
05/04/2021
05/04/2021
5,000,000.00
5,000,000.00

0.00 0.00
5,000,000.00
6,458.33

0.00 9,583.33
3,125.00

0.00 0.00

0.00 3,125.00
3,125.00
3130ANA42 FEDERAL HOME LOAN BANKS

0.65 04/28/2025
07/28/2021
07/28/2021
4,000,000.00
4,000,000.00

0.00 0.00
4,000,000.00
11,050.00
13,000.00
216.67
2,166.67

0.00 0.00

0.00 2,166.67
2,166.67
3130ANDF4 FEDERAL HOME LOAN BANKS

0.9 07/29/2026
07/29/2021
07/29/2021
5,000,000.00
5,000,000.00

0.00 0.00
5,000,000.00
19,000.00
22,500.00
250.00
3,750.00

0.00 0.00

0.00 3,750.00
3,750.00
3130ATS57 FEDERAL HOME LOAN BANKS

4.5 03/10/2028
03/27/2023
03/28/2023
2,000,000.00
2,038,877.21

0.00 0.00
2,037,841.82
27,750.00

0.00 35,250.00
7,500.00

4.75 12/08/2028
01/29/2024
01/30/2024
2,000,000.00
2,049,136.65

0.00 0.00
2,048,076.64
6,069.44

0.00 13,986.11
7,916.67

0.00 (1,060.01)
(1,060.01)
6,856.66
6,856.66
3133EPCF0

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.5
03/02/2026
03/27/2023
03/28/2023
2,000,000.00
2,010,597.20

0.00 0.00
2,009,824.22
29,750.00

0.00 37,250.00
7,500.00

0.00 (772.97)
(772.97)
6,727.03
6,727.03
3133EPDJ1

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.375
09/15/2027
03/27/2023
03/28/2023
2,000,000.00
2,027,650.51

0.00 0.00
2,026,782.06
25,763.89

0.00 33,055.56
7,291.67

0.00 (868.46)
(868.46)
6,423.21
6,423.21
3133EPQC2

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.625
07/17/2026
07/28/2023
07/31/2023
2,000,000.00
1,999,096.23

0.00 0.00
1,999,146.08
42,138.89
46,250.00
3,597.22
7,708.33

49.85 0.00

49.85 7,758.19
7,758.19
3133ERDH1

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.75
04/30/2029
04/29/2024
04/30/2024
2,100,000.00
2,103,688.69

0.00 0.00
2,103,616.31
16,902.08

0.00 25,214.58
8,312.50

0.00 (72.37)
(72.37)
8,240.13
8,240.13
3134GW3Z7

FEDERAL HOME LOAN
MORTGAGE CORP 0.6
10/28/2025
10/28/2020
10/28/2020
8,500,000.00
8,500,000.00

0.00 0.00
8,500,000.00
8,925.00

0.00 13,175.00
4,250.00

0.00 0.00

0.00 4,250.00
4,250.00
3135GA4W8

FEDERAL NATIONAL
MORTGAGE ASSOCIATION 0.5
02/18/2025
11/20/2020
11/20/2020

0.00 2,650,000.00

0.00 (2,650,000.00)

0.00 4,895.14
5,115.97

0.00 220.83

0.00 0.00

0.00 220.83
220.83
40139LBJ1 GUARDIAN LIFE GLOBAL
FUNDING 4.179 09/26/2029
11/26/2024
11/27/2024
1,300,000.00
1,272,884.89

0.00 0.00
1,273,371.05
14,336.29

0.00 18,863.54
4,527.25
486.16

0.00 486.16
5,013.41
5,013.41
437076DC3 HOME DEPOT INC 4.75
06/25/2029
06/27/2024
06/28/2024
1,250,000.00
1,246,399.09

0.00 0.00
1,246,467.33
989.58

0.00 5,937.50
4,947.92

68.23 0.00

0.00 0.00
329,957.43
519.75
1,559.25
519.75
1,559.25

1.07 0.00

1.07 1,560.32
1,560.32
43813YAC6 HAROT 2024-3 A3 4.57
03/21/2029
08/09/2024
08/21/2024
630,000.00
629,908.90

0.00 0.00
629,910.73
799.75
2,399.25
799.75
2,399.25

1.83 0.00

1.83 2,401.08
2,401.08
43815JAC7 HAROT 2023-1 A3 5.04
04/21/2027
02/16/2023
02/24/2023
184,835.52
199,552.53

0.00 (14,737.55)
184,817.20
279.40
838.21
258.77
817.58

2.22 0.00

2.22 819.80
819.80
44934QAD3 HART 2024-B A3 4.84
03/15/2029
07/16/2024
07/24/2024
285,000.00
284,961.08

0.00 0.00
284,961.86
613.07
1,149.50
613.07
1,149.50

0.79 0.00

0.79 1,150.29
1,150.29
4581X0EK0

INTER-AMERICAN
DEVELOPMENT BANK 4.5
05/15/2026
06/27/2023
07/06/2023
1,720,000.00
1,719,366.98

0.00 0.00
1,719,406.30
9,890.00

0.00 16,340.00
6,450.00

39.33 0.00

39.33 6,489.33
6,489.33
459058KT9

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.5 07/12/2028
07/24/2023
07/26/2023
2,000,000.00
1,956,223.63

0.00 0.00
1,957,277.25
32,861.11
35,000.00
3,694.44
5,833.33
1,053.62

0.00 1,053.62
6,886.96
6,886.96
46647PBK1 JPMORGAN CHASE & CO

2.083 04/22/2026
05/31/2022
06/02/2022
1,250,000.00
1,243,369.17

0.00 0.00
1,245,221.02
4,990.52

0.00 7,160.31
2,169.79
1,851.85

0.00 1,851.85
4,021.65
4,021.65
47786WAD2 JDOT 2024-B A3 5.2
03/15/2029
06/11/2024
06/18/2024
510,000.00
509,911.65

0.00 0.00
509,913.43
1,178.67
2,210.00
1,178.67
2,210.00

1.79 0.00

1.79 2,211.79
2,211.79
47800CAC0 JDOT 2023 A3 5.01
11/15/2027
02/22/2023
03/02/2023
388,216.40
394,956.12

0.00 (6,783.60)
388,174.55
879.53
1,649.13
864.43
1,634.03

2.03 0.00

0.00 0.00
703,600.64
11,268.25

0.00 13,735.75
2,467.50

26.21 0.00

26.21 2,493.71
2,493.71
57629TBV8 MASSMUTUAL GLOBAL
FUNDING II 4.95 01/10/2030
01/03/2025
01/10/2025
1,000,000.00

0.00 999,520.00

0.00 999,525.78

0.00 0.00
2,887.50
2,887.50

5.78 0.00

5.78 2,893.28
2,893.28
58933YBH7 MERCK & CO INC 4.05
05/17/2028
09/26/2024
09/27/2024
1,250,000.00
1,260,904.12

0.00 0.00
1,260,622.90
6,187.50

0.00 10,406.25
4,218.75

0.00 (281.22)
(281.22)
3,937.53
3,937.53
59217GFT1 METROPOLITAN LIFE GLOBAL
FUNDING I 4.9 01/09/2030
01/02/2025
01/09/2025
820,000.00

0.00 818,310.80

0.00 818,332.08

0.00 0.00
2,455.44
2,455.44

21.28 0.00

21.28 2,476.72
2,476.72
61747YET8 MORGAN STANLEY 4.679
07/17/2026
12/28/2022
12/30/2022
775,000.00
772,751.19

0.00 0.00
773,105.07
16,519.47
18,131.13
1,410.20
3,021.86
353.87

0.00 353.87
3,375.73
3,375.73
63743HFF4

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

5.45 10/30/2025
10/20/2022
10/31/2022
495,000.00
494,817.06

0.00 0.00
494,835.84
4,571.19

0.00 6,819.31
2,248.13

18.78 0.00

18.78 2,266.90
2,266.90
64952WFK4 NEW YORK LIFE GLOBAL
FUNDING 4.6 12/05/2029
12/02/2024
12/05/2024
830,000.00
829,533.90

0.00 0.00
829,541.93
2,757.44

0.00 5,939.11
3,181.67

8.03 0.00

8.03 3,189.70
3,189.70
69371RS80 PACCAR FINANCIAL CORP 4.6
01/31/2029
03/27/2024
03/28/2024
1,200,000.00
1,195,521.95

0.00 0.00
1,195,615.05
23,153.33
27,600.00
153.33
4,600.00

93.11 0.00

93.11 4,693.11
4,693.11
713448FL7 PEPSICO INC 3.6 02/18/2028
03/27/2024
03/28/2024
1,500,000.00
1,462,008.51

0.00 0.00
1,463,038.90
19,950.00

0.00 24,450.00
4,500.00
1,030.39

0.00 0.00
194,961.03
3,401.13

0.00 4,140.50
739.38

3.20 0.00

3.20 742.58
742.58
713448FW3 PEPSICO INC 5.125
11/10/2026
11/08/2023
11/10/2023
380,000.00
379,936.53

0.00 0.00
379,939.43
2,758.96

0.00 4,381.88
1,622.92

2.90 0.00

2.90 1,625.82
1,625.82
78016FZW7 ROYAL BANK OF CANADA 4.9
01/12/2028
03/30/2023
03/31/2023
1,000,000.00
998,728.23

0.00 0.00
998,763.87
23,002.78
24,500.00
2,586.11
4,083.33

35.65 0.00

35.65 4,118.98
4,118.98
89236THP3 TOYOTA MOTOR CREDIT
CORP 0.8 10/16/2025
11/19/2020
11/19/2020
5,000,000.00
5,004,017.86

0.00 0.00
5,003,585.38
8,333.33

0.00 11,666.67
3,333.33

0.00 (432.48)
(432.48)
2,900.86
2,900.86
907818GE2 UNION PACIFIC CORP 4.75
02/21/2026
02/13/2023
02/21/2023
470,000.00
469,882.26

0.00 0.00
469,891.03
8,061.81

0.00 9,922.22
1,860.42

8.77 0.00

8.77 1,869.19
1,869.19
9128285M8 UNITED STATES TREASURY

3.125 11/15/2028
12/28/2023
12/29/2023
2,000,000.00
1,948,514.01

0.00 0.00
1,949,642.77
8,114.64

0.00 13,466.85
5,352.21
1,128.76

0.00 1,128.76
6,480.97
6,480.97
91282CCZ2 UNITED STATES TREASURY

0.875 09/30/2026
09/30/2021
09/30/2021
3,000,000.00
2,993,213.78

0.00 0.00
2,993,544.04
6,706.73

0.00 8,942.31
2,235.58
330.26

0.00 330.26
2,565.83
2,565.83
91282CFJ5 UNITED STATES TREASURY

3.125 08/31/2029
10/30/2024
10/31/2024
2,000,000.00
1,918,136.60

0.00 0.00
1,919,626.77
21,236.19

0.00 26,588.40
5,352.21
1,490.17

0.00 1,490.17
6,842.38
6,842.38
91282CFL0 UNITED STATES TREASURY

3.875 09/30/2029
10/30/2024
10/31/2024
2,200,000.00
2,178,593.96

0.00 0.00
2,178,976.87
21,780.91

0.00 29,041.21
7,260.30
382.91

3.625 03/31/2028 1,825,000.00
1,822,089.18

0.00 0.00
1,822,165.33
16,902.56

0.00 22,536.74
5,634.19
158.39
(82.24)

76.15 5,710.33
5,710.33
91282CHA2 UNITED STATES TREASURY 3.5
04/30/2028
06/13/2024
06/14/2024

0.00 194,945.54

0.00 (194,978.83)

0.00 1,198.90
1,353.59

0.00 154.70

33.28 0.00

33.28 187.98
187.98
91282CJF9 UNITED STATES TREASURY

4.875 10/31/2028
05/28/2024
05/29/2024
2,200,000.00
2,223,063.27

0.00 0.00
2,222,552.22
18,368.78

0.00 27,553.18
9,184.39

0.00 (511.05)
(511.05)
8,673.34
8,673.34
91282CKD2 UNITED STATES TREASURY

4.25 02/28/2029
03/27/2024
03/28/2024
2,200,000.00
2,205,590.38

0.00 0.00
2,205,476.30
31,769.34

0.00 39,776.24
8,006.91

0.00 (114.09)
(114.09)
7,892.82
7,892.82
91282CKG5 UNITED STATES TREASURY

4.125 03/31/2029
05/28/2024
05/29/2024
2,200,000.00
2,165,926.54

0.00 0.00
2,166,608.00
23,186.13

0.00 30,914.84
7,728.71
681.47

0.00 681.47
8,410.18
8,410.18
91282CKP5 UNITED STATES TREASURY

4.625 04/30/2029 2,000,000.00
2,038,979.43

0.00 0.00
2,038,214.64
15,842.54

0.00 23,763.81
7,921.27

0.00 (764.79)
(764.79)
7,156.48
7,156.48
91282CKT7 UNITED STATES TREASURY 4.5
05/31/2029
06/13/2024
06/14/2024
2,200,000.00
2,221,851.75

0.00 0.00
2,221,431.26
8,703.30

0.00 17,134.62
8,431.32

0.00 (420.49)
(420.49)
8,010.83
8,010.83
91282CLC3 UNITED STATES TREASURY 4.0
07/31/2029
09/26/2024
09/27/2024
2,000,000.00
2,036,424.27

0.00 0.00
2,035,748.94
33,478.26
40,000.00
220.99
6,742.73

0.00 (675.33)
(675.33)
6,067.40
6,067.40
91282CMA6 UNITED STATES TREASURY

4.125 11/30/2029
12/27/2024
12/30/2024
2,400,000.00
2,366,100.29

0.00 0.00
2,366,686.07
8,703.30

0.00 17,134.62
8,431.32
585.78

5.15 10/15/2025
12/28/2022
12/30/2022
775,000.00
778,314.57

0.00 0.00
777,956.55
8,425.97

0.00 11,752.01
3,326.04

0.00 (358.02)
(358.02)
2,968.02
2,968.02
91324PEU2 UNITEDHEALTH GROUP INC

4.25 01/15/2029
05/28/2024
05/29/2024
1,000,000.00
971,389.18

0.00 0.00
971,990.50
19,597.22
21,250.00
1,888.89
3,541.67
601.31

0.00 601.31
4,142.98
4,142.98
92970QAE5 WFCIT 2024-2 A 4.29
10/15/2029
10/17/2024
10/24/2024
560,000.00
559,919.94

0.00 0.00
559,921.36
1,067.73
2,002.00
1,067.73
2,002.00

1.42 0.00

1.42 2,003.42
2,003.42
Total Fixed Income 103,746,623.22
103,660,112.86
2,775,978.00
(2,878,616.22)
103,563,065.94
750,334.91
305,978.24
716,748.90
272,392.23
13,595.10
(8,003.79)
5,591.31
277,983.54 277,983.54
LAIF
90LAIF$00 Local Agency Investment
Fund State Pool 29,989,857.74
29,721,656.93
268,200.81

0.00 29,989,857.74

0.00 256,284.50

0.00 0.00

0.00 256,284.50
256,284.50
Total LAIF 29,989,857.74
29,721,656.93
268,200.81

0.00 29,989,857.74

0.00 256,284.50

0.00 0.00

0.00 256,284.50 256,284.50
TOTAL PORTFOLIO 158,584,676.00
148,760,410.07
15,243,116.12
(5,465,680.30)
158,401,118.72
750,334.91
563,141.09
716,748.90
529,555.08
13,595.10
(8,003.79)
5,591.31
535,146.39 535,146.39
CONFIDENTIAL | 25
City of Orange Cons | Account #10897 | As of January 31, 2025 Execution Time: 03/26/2025 11:37:38 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount FEBRUARY 2025
02/03/2025 Dividend 31846V203 0.00 FIRST AMER:GVT OBLG Y 1,420.85 1,420.85 02/10/2025 Coupon 037833EB2 0.00 APPLE INC 0.7 02/08/2026 10,500.00 10,500.00 02/13/2025 Coupon 713448FQ6 0.00 PEPSICO INC 4.55 02/13/2026 4,436.25 4,436.25 02/14/2025 Coupon 532457CQ9 0.00 ELI LILLY AND CO 4.2 08/14/2029 14,805.00 14,805.00 02/18/2025 Coupon 02582JJZ4 0.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 02/18/2025 Coupon 02582JKD1 0.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 02/18/2025 Coupon 05522RDJ4 0.00 BACCT 2024-1 A 4.93 05/15/2029 2,074.71 2,074.71 02/18/2025 Coupon 161571HT4 0.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 02/18/2025 Coupon 171239AL0 0.00 CHUBB INA HOLDINGS LLC 4.65 08/15/2029 31,484.38 31,484.38 02/18/2025 Coupon 44934QAD3 0.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 02/18/2025 Coupon 47800CAC0 0.00 JDOT 2023 A3 5.01 11/15/2027 1,620.80 1,620.80 02/18/2025 Principal Paydown 47800CAC0 (28,376.09) JDOT 2023 A3 5.01 11/15/2027 28,376.09 28,376.09 02/18/2025 Coupon 47786WAD2 0.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 02/18/2025 Coupon 713448FL7 0.00 PEPSICO INC 3.6 02/18/2028 27,000.00 27,000.00 02/18/2025 Coupon 92970QAE5 0.00 WFCIT 2024-2 A 4.29 10/15/2029 2,002.00 2,002.00 02/21/2025 Coupon 43815JAC7 0.00 HAROT 2023-1 A3 5.04 04/21/2027 776.31 776.31 02/21/2025 Principal Paydown 43815JAC7 (14,420.61) HAROT 2023-1 A3 5.04 04/21/2027 14,420.61 14,420.61 02/21/2025 Coupon 438123AC5 0.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 02/21/2025 Coupon 43813YAC6 0.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 02/21/2025 Coupon 907818GE2 0.00 UNION PACIFIC CORP 4.75 02/21/2026 11,162.50 11,162.50 02/25/2025 Custody Fee CCYUSD 0.00 (695.65) (695.65)
02/25/2025 Coupon 05593AAC3 0.00 BMWLT 2023-1 A3 5.16 11/25/2025 58.36 58.36 02/25/2025 Principal Paydown 05593AAC3 (9,966.70) BMWLT 2023-1 A3 5.16 11/25/2025 9,966.70 9,966.70 02/25/2025 Coupon 05592XAD2 0.00 BMWOT 2023-A A3 5.47 02/25/2028 866.08 866.08 02/25/2025 Coupon 096919AD7 0.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 02/26/2025 Coupon 17275RBR2 0.00 CISCO SYSTEMS INC 4.85 02/26/2029 30,312.50 30,312.50 02/28/2025 Coupon 91282CFJ5 0.00 UNITED STATES TREASURY 3.125 08/31/2029 31,250.00 31,250.00 02/28/2025 Coupon 91282CKD2 0.00 UNITED STATES TREASURY 4.25 02/28/2029 46,750.00 46,750.00 February 2025
Total 53,488.60 234,935.85 288,424.45
MARCH 2025
CONFIDENTIAL | 26
City of Orange Cons | Account #10897 | As of January 31, 2025 Execution Time: 03/26/2025 11:37:38 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 03/03/2025 Coupon 3133EPCF0 0.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.5 03/02/2026 45,000.00 45,000.00
03/03/2025 Dividend 31846V203 0.00 FIRST AMER:GVT OBLG Y 1,449.31 1,449.31 03/10/2025 Coupon 3130ATS57 0.00 FEDERAL HOME LOAN BANKS 4.5 03/10/2028 45,000.00 45,000.00 03/10/2025 Coupon 24422EXD6 0.00 JOHN DEERE CAPITAL CORP 5.15 09/08/2026 13,003.75 13,003.75 03/14/2025 Coupon 06368LAQ9 0.00 BANK OF MONTREAL 4.7 09/14/2027 23,500.00 23,500.00 03/17/2025 Coupon 02582JJZ4 0.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 03/17/2025 Coupon 02582JKD1 0.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 03/17/2025 Coupon 05522RDJ4 0.00 BACCT 2024-1 A 4.93 05/15/2029 2,074.71 2,074.71 03/17/2025 Coupon 161571HT4 0.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 03/17/2025 Coupon 3133EPDJ1 0.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.375 09/15/2027 43,750.00 43,750.00
03/17/2025 Coupon 44934QAD3 0.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 03/17/2025 Coupon 47800CAC0 0.00 JDOT 2023 A3 5.01 11/15/2027 1,502.33 1,502.33 03/17/2025 Principal Paydown 47800CAC0 (17,579.94) JDOT 2023 A3 5.01 11/15/2027 17,579.94 17,579.94 03/17/2025 Coupon 47786WAD2 0.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 03/17/2025 Coupon 92970QAE5 0.00 WFCIT 2024-2 A 4.29 10/15/2029 2,002.00 2,002.00 03/20/2025 Coupon 36271VAD9 0.00 GMALT 2025-1 A3 4.66 02/21/2028 2,115.12 2,115.12 03/21/2025 Coupon 43815JAC7 0.00 HAROT 2023-1 A3 5.04 04/21/2027 715.74 715.74 03/21/2025 Principal Paydown 43815JAC7 (13,395.17) HAROT 2023-1 A3 5.04 04/21/2027 13,395.17 13,395.17 03/21/2025 Coupon 438123AC5 0.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 03/21/2025 Coupon 43813YAC6 0.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 03/21/2025 Coupon 43814VAC1 0.00 HAROT 2025-1 A3 4.57 09/21/2029 4,036.83 4,036.83 03/26/2025 Coupon 40139LBJ1 1,300,000.00 GUARDIAN LIFE GLOBAL FUNDING 4.179 09/26/2029 27,163.50 27,163.50
03/31/2025 Coupon 91282CCZ2 3,000,000.00 UNITED STATES TREASURY 0.875 09/30/2026 13,125.00 13,125.00 03/31/2025 Coupon 91282CFL0 2,200,000.00 UNITED STATES TREASURY 3.875 09/30/2029 42,625.00 42,625.00 03/31/2025 Coupon 91282CGT2 1,825,000.00 UNITED STATES TREASURY 3.625 03/31/2028 33,078.13 33,078.13 03/31/2025 Coupon 91282CKG5 2,200,000.00 UNITED STATES TREASURY 4.125 03/31/2029 45,375.00 45,375.00 March 2025 Total 32,424.42 361,961.56 394,385.99
APRIL 2025
04/15/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 CONFIDENTIAL | 27
City of Orange Cons | Account #10897 | As of January 31, 2025 Execution Time: 03/26/2025 11:37:38 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 04/15/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 04/15/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 05/15/2029 2,074.71 2,074.71 04/15/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 04/15/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 04/15/2025 Coupon 44935CAD3 635,000.00 HART 2025-A A3 4.32 10/15/2029 2,788.18 2,788.18 04/15/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 04/15/2025 Coupon 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 1,455.87 1,455.87 04/15/2025 Principal Paydown 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 23,178.18 23,178.18 04/15/2025 Coupon 47800DAD6 500,000.00 JDOT 2025 A3 4.23 09/17/2029 1,997.50 1,997.50 04/15/2025 Dividend 90LAIF$00 34,989,857.74 Local Agency Investment Fund State Pool 215,266.57 215,266.57 04/15/2025 Coupon 92970QAE5 560,000.00 WFCIT 2024-2 A 4.29 10/15/2029 2,002.00 2,002.00 04/16/2025 Coupon 89236THP3 5,000,000.00 TOYOTA MOTOR CREDIT CORP 0.8 10/16/2025 20,000.00 20,000.00 04/21/2025 Coupon 36271VAD9 430,000.00 GMALT 2025-1 A3 4.66 02/21/2028 1,669.83 1,669.83 04/21/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 04/21/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 04/21/2025 Coupon 43814VAC1 795,000.00 HAROT 2025-1 A3 4.57 09/21/2029 3,027.63 3,027.63 04/21/2025 Coupon 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 673.89 673.89 04/21/2025 Principal Paydown 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 13,482.41 13,482.41 04/22/2025 Coupon 46647PBK1 1,250,000.00 JPMORGAN CHASE & CO 2.083 04/22/2026 13,018.75 13,018.75 04/22/2025 Effective Maturity 46647PBK1 1,250,000.00 JPMORGAN CHASE & CO 2.083 04/22/2026 1,250,000.00 1,250,000.00 04/25/2025 Coupon 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 827.43 827.43 04/25/2025 Principal Paydown 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 11,713.55 11,713.55 04/25/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 04/25/2025 Coupon 096924AD7 680,000.00 BMWOT 2025-A A3 4.56 09/25/2029 2,584.00 2,584.00 04/28/2025 Coupon 3130ANA42 4,000,000.00 FEDERAL HOME LOAN BANKS 0.65 04/28/2025 6,500.00 6,500.00 04/28/2025 Final Maturity 3130ANA42 4,000,000.00 FEDERAL HOME LOAN BANKS 0.65 04/28/2025 4,000,000.00 4,000,000.00 04/28/2025 Coupon 3134GW3Z7 8,050,000.00 FEDERAL HOME LOAN MORTGAGE CORP 0.6 10/28/2025 24,150.00 24,150.00
04/29/2025 Coupon 3130AMBG6 2,400,000.00 FEDERAL HOME LOAN BANKS 0.75 04/29/2025 9,000.00 9,000.00 04/29/2025 Final Maturity 3130AMBG6 2,400,000.00 FEDERAL HOME LOAN BANKS 0.75 04/29/2025 2,400,000.00 2,400,000.00 04/30/2025 Coupon 3133ERDH1 2,100,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 04/30/2025 Coupon 63743HFF4 495,000.00 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 5.45 10/30/2025 13,488.75 13,488.75
04/30/2025 Coupon 91282CJF9 2,200,000.00 UNITED STATES TREASURY 4.875 10/31/2028 53,625.00 53,625.00 04/30/2025 Coupon 91282CKP5 2,000,000.00 UNITED STATES TREASURY 4.625 04/30/2029 46,250.00 46,250.00 April 2025 Total 7,913,640.71 274,845.49 8,188,486.20
MAY 2025
05/12/2025 Coupon 713448FW3 380,000.00 PEPSICO INC 5.125 11/10/2026 9,737.50 9,737.50 05/15/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 05/15/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 05/15/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 05/15/2029 2,074.71 2,074.71 05/15/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 05/15/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 05/15/2025 Coupon 44935CAD3 635,000.00 HART 2025-A A3 4.32 10/15/2029 2,534.71 2,534.71 05/15/2025 Coupon 4581X0EK0 1,720,000.00 INTER-AMERICAN DEVELOPMENT BANK 4.5 05/15/2026 38,700.00 38,700.00
05/15/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 05/15/2025 Coupon 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 1,359.10 1,359.10 05/15/2025 Principal Paydown 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 22,658.61 22,658.61 05/15/2025 Coupon 47800DAD6 500,000.00 JDOT 2025 A3 4.23 09/17/2029 1,762.50 1,762.50 05/15/2025 Coupon 9128285M8 2,000,000.00 UNITED STATES TREASURY 3.125 11/15/2028 31,250.00 31,250.00 05/15/2025 Coupon 92970QAE5 560,000.00 WFCIT 2024-2 A 4.29 10/15/2029 2,002.00 2,002.00 05/19/2025 Coupon 58933YBH7 1,250,000.00 MERCK & CO INC 4.05 05/17/2028 25,312.50 25,312.50 05/20/2025 Coupon 36271VAD9 430,000.00 GMALT 2025-1 A3 4.66 02/21/2028 1,669.83 1,669.83 05/21/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 05/21/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 05/21/2025 Coupon 43814VAC1 795,000.00 HAROT 2025-1 A3 4.57 09/21/2029 3,027.63 3,027.63 05/21/2025 Coupon 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 617.26 617.26 05/21/2025 Principal Paydown 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 12,925.14 12,925.14 05/26/2025 Coupon 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 774.03 774.03 05/26/2025 Principal Paydown 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 11,184.19 11,184.19 05/26/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 05/26/2025 Coupon 096924AD7 680,000.00 BMWOT 2025-A A3 4.56 09/25/2029 2,584.00 2,584.00 CONFIDENTIAL | 29
City of Orange Cons | Account #10897 | As of January 31, 2025 Execution Time: 03/26/2025 11:37:38 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount May 2025 Total 46,767.94 143,242.73 190,010.68
JUNE 2025
06/02/2025 Coupon 91282CKT7 2,200,000.00 UNITED STATES TREASURY 4.5 05/31/2029 49,500.00 49,500.00 06/02/2025 Coupon 91282CMA6 2,400,000.00 UNITED STATES TREASURY 4.125 11/30/2029 49,500.00 49,500.00 06/05/2025 Coupon 64952WFK4 830,000.00 NEW YORK LIFE GLOBAL FUNDING 4.6 12/05/2029 19,090.00 19,090.00
06/09/2025 Coupon 3130AEB25 2,000,000.00 FEDERAL HOME LOAN BANKS 3.25 06/09/2028 32,500.00 32,500.00 06/09/2025 Coupon 3130AXQK7 2,000,000.00 FEDERAL HOME LOAN BANKS 4.75 12/08/2028 47,500.00 47,500.00 06/16/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 06/16/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 06/16/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 05/15/2029 2,074.71 2,074.71 06/16/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 06/16/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 06/16/2025 Coupon 44935CAD3 635,000.00 HART 2025-A A3 4.32 10/15/2029 2,534.71 2,534.71 06/16/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 06/16/2025 Coupon 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 1,264.50 1,264.50 06/16/2025 Principal Paydown 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 20,391.67 20,391.67 06/16/2025 Coupon 47800DAD6 500,000.00 JDOT 2025 A3 4.23 09/17/2029 1,762.50 1,762.50 06/16/2025 Coupon 92970QAE5 560,000.00 WFCIT 2024-2 A 4.29 10/15/2029 2,002.00 2,002.00 06/20/2025 Coupon 36271VAD9 430,000.00 GMALT 2025-1 A3 4.66 02/21/2028 1,669.83 1,669.83 06/23/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 06/23/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 06/23/2025 Coupon 43814VAC1 795,000.00 HAROT 2025-1 A3 4.57 09/21/2029 3,027.63 3,027.63 06/23/2025 Coupon 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 562.98 562.98 06/23/2025 Principal Paydown 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 12,640.49 12,640.49 06/25/2025 Coupon 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 723.05 723.05 06/25/2025 Principal Paydown 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 10,983.82 10,983.82 06/25/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 06/25/2025 Coupon 096924AD7 680,000.00 BMWOT 2025-A A3 4.56 09/25/2029 2,584.00 2,584.00 06/25/2025 Coupon 437076DC3 1,250,000.00 HOME DEPOT INC 4.75 06/25/2029 29,687.50 29,687.50 June 2025 Total 44,015.98 265,820.37 309,836.35
JULY 2025
CONFIDENTIAL | 30
City of Orange Cons | Account #10897 | As of January 31, 2025 Execution Time: 03/26/2025 11:37:38 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 07/08/2025 Coupon 14913UAX8 960,000.00 CATERPILLAR FINANCIAL SERVICES CORP 4.8 01/08/2030 23,040.00 23,040.00
07/09/2025 Coupon 59217GFT1 820,000.00 METROPOLITAN LIFE GLOBAL FUNDING I 4.9 01/09/2030 20,090.00 20,090.00
07/10/2025 Coupon 57629TBV8 1,000,000.00 MASSMUTUAL GLOBAL FUNDING II 4.95 01/10/2030 24,750.00 24,750.00
07/14/2025 Coupon 459058KT9 2,000,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 3.5 07/12/2028 35,000.00 35,000.00
07/14/2025 Coupon 78016FZW7 1,000,000.00 ROYAL BANK OF CANADA 4.9 01/12/2028 24,500.00 24,500.00 07/15/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 07/15/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 07/15/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 05/15/2029 2,074.71 2,074.71 07/15/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 07/15/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 07/15/2025 Coupon 44935CAD3 635,000.00 HART 2025-A A3 4.32 10/15/2029 2,534.71 2,534.71 07/15/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 07/15/2025 Coupon 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 1,179.37 1,179.37 07/15/2025 Principal Paydown 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 20,951.82 20,951.82 07/15/2025 Coupon 47800DAD6 500,000.00 JDOT 2025 A3 4.23 09/17/2029 1,762.50 1,762.50 07/15/2025 Coupon 91324PEU2 1,000,000.00 UNITEDHEALTH GROUP INC 4.25 01/15/2029 21,250.00 21,250.00 07/15/2025 Coupon 92970QAE5 560,000.00 WFCIT 2024-2 A 4.29 10/15/2029 2,002.00 2,002.00 07/17/2025 Coupon 3133EPQC2 2,000,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.625 07/17/2026 46,250.00 46,250.00
07/17/2025 Coupon 61747YET8 775,000.00 MORGAN STANLEY 4.679 07/17/2026 18,131.13 18,131.13 07/17/2025 Effective Maturity 61747YET8 775,000.00 MORGAN STANLEY 4.679 07/17/2026 775,000.00 775,000.00 07/21/2025 Coupon 06051GGF0 1,250,000.00 BANK OF AMERICA CORP 3.824 01/20/2028 23,900.00 23,900.00 07/21/2025 Coupon 36271VAD9 430,000.00 GMALT 2025-1 A3 4.66 02/21/2028 1,669.83 1,669.83 07/21/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 07/21/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 07/21/2025 Coupon 43814VAC1 795,000.00 HAROT 2025-1 A3 4.57 09/21/2029 3,027.63 3,027.63 07/21/2025 Coupon 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 509.89 509.89 07/21/2025 Principal Paydown 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 12,340.95 12,340.95 07/25/2025 Coupon 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 672.98 672.98 CONFIDENTIAL | 31
City of Orange Cons | Account #10897 | As of January 31, 2025 Execution Time: 03/26/2025 11:37:38 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 07/25/2025 Principal Paydown 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 10,752.23 10,752.23 07/25/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 07/25/2025 Coupon 096924AD7 680,000.00 BMWOT 2025-A A3 4.56 09/25/2029 2,584.00 2,584.00 07/29/2025 Coupon 3130ANDF4 5,000,000.00 FEDERAL HOME LOAN BANKS 0.9 07/29/2026 22,500.00 22,500.00 07/31/2025 Coupon 69371RS80 1,200,000.00 PACCAR FINANCIAL CORP 4.6 01/31/2029 27,600.00 27,600.00 07/31/2025 Coupon 91282CLC3 2,000,000.00 UNITED STATES TREASURY 4.0 07/31/2029 40,000.00 40,000.00 July 2025 Total 819,045.00 364,865.70 1,183,910.70
AUGUST 2025
08/08/2025 Coupon 037833EB2 3,000,000.00 APPLE INC 0.7 02/08/2026 10,500.00 10,500.00 08/13/2025 Coupon 713448FQ6 195,000.00 PEPSICO INC 4.55 02/13/2026 4,436.25 4,436.25 08/14/2025 Coupon 532457CQ9 705,000.00 ELI LILLY AND CO 4.2 08/14/2029 14,805.00 14,805.00 08/15/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 08/15/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 08/15/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 05/15/2029 2,074.71 2,074.71 08/15/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 08/15/2025 Coupon 171239AL0 1,250,000.00 CHUBB INA HOLDINGS LLC 4.65 08/15/2029 29,062.50 29,062.50 08/15/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 08/15/2025 Coupon 44935CAD3 635,000.00 HART 2025-A A3 4.32 10/15/2029 2,534.71 2,534.71 08/15/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 08/15/2025 Coupon 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 1,091.89 1,091.89 08/15/2025 Principal Paydown 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 19,256.61 19,256.61 08/15/2025 Coupon 47800DAD6 500,000.00 JDOT 2025 A3 4.23 09/17/2029 1,762.50 1,762.50 08/15/2025 Coupon 92970QAE5 560,000.00 WFCIT 2024-2 A 4.29 10/15/2029 2,002.00 2,002.00 08/18/2025 Coupon 713448FL7 1,500,000.00 PEPSICO INC 3.6 02/18/2028 27,000.00 27,000.00 08/20/2025 Coupon 36271VAD9 430,000.00 GMALT 2025-1 A3 4.66 02/21/2028 1,669.83 1,669.83 08/21/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 08/21/2025 Principal Paydown 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 13,014.84 13,014.84 08/21/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 08/21/2025 Coupon 43814VAC1 795,000.00 HAROT 2025-1 A3 4.57 09/21/2029 3,027.63 3,027.63 08/21/2025 Coupon 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 458.06 458.06 08/21/2025 Principal Paydown 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 11,964.25 11,964.25 08/21/2025 Coupon 907818GE2 470,000.00 UNION PACIFIC CORP 4.75 02/21/2026 11,162.50 11,162.50 CONFIDENTIAL | 32
City of Orange Cons | Account #10897 | As of January 31, 2025 Execution Time: 03/26/2025 11:37:38 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 08/25/2025 Coupon 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 623.97 623.97 08/25/2025 Principal Paydown 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 10,430.77 10,430.77 08/25/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 08/25/2025 Coupon 096924AD7 680,000.00 BMWOT 2025-A A3 4.56 09/25/2029 2,584.00 2,584.00 08/26/2025 Coupon 17275RBR2 1,250,000.00 CISCO SYSTEMS INC 4.85 02/26/2029 30,312.50 30,312.50 08/28/2025 Coupon 857477CU5 1,285,000.00 STATE STREET CORP 4.536 02/28/2028 29,143.80 29,143.80 August 2025 Total 54,666.46 194,088.80 248,755.27
SEPTEMBER 2025
09/02/2025 Coupon 3133EPCF0 2,000,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.5 03/02/2026 45,000.00 45,000.00
09/02/2025 Coupon 91282CFJ5 2,000,000.00 UNITED STATES TREASURY 3.125 08/31/2029 31,250.00 31,250.00 09/02/2025 Coupon 91282CKD2 2,200,000.00 UNITED STATES TREASURY 4.25 02/28/2029 46,750.00 46,750.00 09/08/2025 Coupon 24422EXD6 505,000.00 JOHN DEERE CAPITAL CORP 5.15 09/08/2026 13,003.75 13,003.75 09/10/2025 Coupon 3130ATS57 2,000,000.00 FEDERAL HOME LOAN BANKS 4.5 03/10/2028 45,000.00 45,000.00 09/15/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 09/15/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 09/15/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 05/15/2029 2,074.71 2,074.71 09/15/2025 Coupon 06368LAQ9 1,000,000.00 BANK OF MONTREAL 4.7 09/14/2027 23,500.00 23,500.00 09/15/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 09/15/2025 Coupon 3133EPDJ1 2,000,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.375 09/15/2027 43,750.00 43,750.00
09/15/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 09/15/2025 Coupon 44935CAD3 635,000.00 HART 2025-A A3 4.32 10/15/2029 2,534.71 2,534.71 09/15/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 09/15/2025 Coupon 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 1,011.50 1,011.50 09/15/2025 Principal Paydown 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 19,624.89 19,624.89 09/15/2025 Coupon 47800DAD6 500,000.00 JDOT 2025 A3 4.23 09/17/2029 1,762.50 1,762.50 09/15/2025 Coupon 92970QAE5 560,000.00 WFCIT 2024-2 A 4.29 10/15/2029 2,002.00 2,002.00 09/22/2025 Coupon 36271VAD9 430,000.00 GMALT 2025-1 A3 4.66 02/21/2028 1,669.83 1,669.83 09/22/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,497.75 1,497.75 09/22/2025 Principal Paydown 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 19,184.50 19,184.50 09/22/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 CONFIDENTIAL | 33
City of Orange Cons | Account #10897 | As of January 31, 2025 Execution Time: 03/26/2025 11:37:38 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 09/22/2025 Coupon 43814VAC1 795,000.00 HAROT 2025-1 A3 4.57 09/21/2029 3,027.63 3,027.63 09/22/2025 Coupon 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 407.81 407.81 09/22/2025 Principal Paydown 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 11,677.85 11,677.85 09/22/2025 Coupon 459058LR2 635,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 4.125 03/20/2030 13,096.88 13,096.88
09/25/2025 Coupon 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 576.42 576.42 09/25/2025 Principal Paydown 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 10,216.24 10,216.24 09/25/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 09/25/2025 Coupon 096924AD7 680,000.00 BMWOT 2025-A A3 4.56 09/25/2029 2,584.00 2,584.00 09/26/2025 Coupon 40139LBJ1 1,300,000.00 GUARDIAN LIFE GLOBAL FUNDING 4.179 09/26/2029 27,163.50 27,163.50
09/30/2025 Coupon 91282CCZ2 3,000,000.00 UNITED STATES TREASURY 0.875 09/30/2026 13,125.00 13,125.00 09/30/2025 Coupon 91282CFL0 2,200,000.00 UNITED STATES TREASURY 3.875 09/30/2029 42,625.00 42,625.00 09/30/2025 Coupon 91282CGT2 1,825,000.00 UNITED STATES TREASURY 3.625 03/31/2028 33,078.13 33,078.13 09/30/2025 Coupon 91282CKG5 2,200,000.00 UNITED STATES TREASURY 4.125 03/31/2029 45,375.00 45,375.00 September 2025
Total 60,703.48 460,143.82 520,847.30
OCTOBER 2025
10/15/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 10/15/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 10/15/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 05/15/2029 2,074.71 2,074.71 10/15/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 10/15/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 10/15/2025 Coupon 44935CAD3 635,000.00 HART 2025-A A3 4.32 10/15/2029 2,534.71 2,534.71 10/15/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 10/15/2025 Coupon 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 929.56 929.56 10/15/2025 Principal Paydown 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 23,332.67 23,332.67 10/15/2025 Coupon 47800DAD6 500,000.00 JDOT 2025 A3 4.23 09/17/2029 1,762.50 1,762.50 10/15/2025 Coupon 92970QAE5 560,000.00 WFCIT 2024-2 A 4.29 10/15/2029 2,002.00 2,002.00 10/16/2025 Coupon 89236THP3 5,000,000.00 TOYOTA MOTOR CREDIT CORP 0.8 10/16/2025 20,000.00 20,000.00 10/16/2025 Final Maturity 89236THP3 5,000,000.00 TOYOTA MOTOR CREDIT CORP 0.8 10/16/2025 5,000,000.00 5,000,000.00 10/20/2025 Coupon 36271VAD9 430,000.00 GMALT 2025-1 A3 4.66 02/21/2028 1,669.83 1,669.83 CONFIDENTIAL | 34
City of Orange Cons | Account #10897 | As of January 31, 2025 Execution Time: 03/26/2025 11:37:38 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 10/21/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,407.11 1,407.11 10/21/2025 Principal Paydown 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 18,417.17 18,417.17 10/21/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 10/21/2025 Coupon 43814VAC1 795,000.00 HAROT 2025-1 A3 4.57 09/21/2029 3,027.63 3,027.63 10/21/2025 Coupon 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 358.76 358.76 10/21/2025 Principal Paydown 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 11,244.65 11,244.65 10/27/2025 Coupon 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 529.86 529.86 10/27/2025 Principal Paydown 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 9,479.41 9,479.41 10/27/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 10/27/2025 Coupon 096924AD7 680,000.00 BMWOT 2025-A A3 4.56 09/25/2029 2,584.00 2,584.00 10/28/2025 Coupon 3134GW3Z7 8,050,000.00 FEDERAL HOME LOAN MORTGAGE CORP 0.6 10/28/2025 24,150.00 24,150.00
10/28/2025 Final Maturity 3134GW3Z7 8,050,000.00 FEDERAL HOME LOAN MORTGAGE CORP 0.6 10/28/2025 8,050,000.00 8,050,000.00
10/30/2025 Coupon 3133ERDH1 2,100,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.75 04/30/2029 49,875.00 49,875.00
10/30/2025 Coupon 63743HFF4 495,000.00 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 5.45 10/30/2025 13,488.75 13,488.75
10/30/2025 Final Maturity 63743HFF4 495,000.00 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 5.45 10/30/2025 495,000.00 495,000.00
10/31/2025 Coupon 91282CJF9 2,200,000.00 UNITED STATES TREASURY 4.875 10/31/2028 53,625.00 53,625.00 10/31/2025 Coupon 91282CKP5 2,000,000.00 UNITED STATES TREASURY 4.625 04/30/2029 46,250.00 46,250.00 October 2025
Total 13,607,473.89 244,547.12 13,852,021.01
NOVEMBER 2025
11/10/2025 Coupon 713448FW3 380,000.00 PEPSICO INC 5.125 11/10/2026 9,737.50 9,737.50 11/17/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 11/17/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 11/17/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 05/15/2029 2,074.71 2,074.71 11/17/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 11/17/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 11/17/2025 Coupon 44935CAD3 635,000.00 HART 2025-A A3 4.32 10/15/2029 2,534.71 2,534.71 CONFIDENTIAL | 35
City of Orange Cons | Account #10897 | As of January 31, 2025 Execution Time: 03/26/2025 11:37:38 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 11/17/2025 Coupon 4581X0EK0 1,720,000.00 INTER-AMERICAN DEVELOPMENT BANK 4.5 05/15/2026 38,700.00 38,700.00
11/17/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 11/17/2025 Coupon 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 832.15 832.15 11/17/2025 Principal Paydown 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 27,281.69 27,281.69 11/17/2025 Coupon 47800DAD6 500,000.00 JDOT 2025 A3 4.23 09/17/2029 1,762.50 1,762.50 11/17/2025 Coupon 58933YBH7 1,250,000.00 MERCK & CO INC 4.05 05/17/2028 25,312.50 25,312.50 11/17/2025 Coupon 9128285M8 2,000,000.00 UNITED STATES TREASURY 3.125 11/15/2028 31,250.00 31,250.00 11/17/2025 Coupon 92970QAE5 560,000.00 WFCIT 2024-2 A 4.29 10/15/2029 2,002.00 2,002.00 11/20/2025 Coupon 36271VAD9 430,000.00 GMALT 2025-1 A3 4.66 02/21/2028 1,669.83 1,669.83 11/21/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,320.09 1,320.09 11/21/2025 Principal Paydown 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 17,970.16 17,970.16 11/21/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 11/21/2025 Coupon 43814VAC1 795,000.00 HAROT 2025-1 A3 4.57 09/21/2029 3,027.63 3,027.63 11/21/2025 Coupon 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 311.53 311.53 11/21/2025 Principal Paydown 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 9,882.75 9,882.75 11/25/2025 Coupon 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 486.64 486.64 11/25/2025 Principal Paydown 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 8,497.32 8,497.32 11/25/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 11/25/2025 Coupon 096924AD7 680,000.00 BMWOT 2025-A A3 4.56 09/25/2029 2,584.00 2,584.00 November 2025
Total 63,631.92 141,883.50 205,515.42
DECEMBER 2025
12/01/2025 Coupon 91282CKT7 2,200,000.00 UNITED STATES TREASURY 4.5 05/31/2029 49,500.00 49,500.00 12/01/2025 Coupon 91282CMA6 2,400,000.00 UNITED STATES TREASURY 4.125 11/30/2029 49,500.00 49,500.00 12/05/2025 Coupon 64952WFK4 830,000.00 NEW YORK LIFE GLOBAL FUNDING 4.6 12/05/2029 19,090.00 19,090.00
12/08/2025 Coupon 3130AXQK7 2,000,000.00 FEDERAL HOME LOAN BANKS 4.75 12/08/2028 47,500.00 47,500.00 12/09/2025 Coupon 3130AEB25 2,000,000.00 FEDERAL HOME LOAN BANKS 3.25 06/09/2028 32,500.00 32,500.00 12/15/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 12/15/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 12/15/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 05/15/2029 2,074.71 2,074.71 CONFIDENTIAL | 36
City of Orange Cons | Account #10897 | As of January 31, 2025 Execution Time: 03/26/2025 11:37:38 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 12/15/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 12/15/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 12/15/2025 Coupon 44935CAD3 635,000.00 HART 2025-A A3 4.32 10/15/2029 2,534.71 2,534.71 12/15/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 12/15/2025 Coupon 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 718.25 718.25 12/15/2025 Principal Paydown 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 18,241.92 18,241.92 12/15/2025 Coupon 47800DAD6 500,000.00 JDOT 2025 A3 4.23 09/17/2029 1,762.50 1,762.50 12/15/2025 Coupon 92970QAE5 560,000.00 WFCIT 2024-2 A 4.29 10/15/2029 2,002.00 2,002.00 12/22/2025 Coupon 36271VAD9 430,000.00 GMALT 2025-1 A3 4.66 02/21/2028 1,669.83 1,669.83 12/22/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,235.18 1,235.18 12/22/2025 Principal Paydown 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 17,065.53 17,065.53 12/22/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 12/22/2025 Coupon 43814VAC1 795,000.00 HAROT 2025-1 A3 4.57 09/21/2029 3,027.63 3,027.63 12/22/2025 Coupon 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 270.02 270.02 12/22/2025 Principal Paydown 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 9,435.88 9,435.88 12/25/2025 Coupon 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 447.91 447.91 12/25/2025 Principal Paydown 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 8,078.32 8,078.32 12/25/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 12/25/2025 Coupon 096924AD7 680,000.00 BMWOT 2025-A A3 4.56 09/25/2029 2,584.00 2,584.00 12/26/2025 Coupon 437076DC3 1,250,000.00 HOME DEPOT INC 4.75 06/25/2029 29,687.50 29,687.50 December 2025
Total 52,821.66 264,381.95 317,203.60
Grand Total 291,166,431.05 22,748,680.07 2,950,716.89 25,699,396.96 CONFIDENTIAL | 37
City of Orange Cons | Account #10897 | As of January 31, 2025 Execution Time: 03/26/2025 11:37:38 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

IMPORTANT DISCLOSURES
Chandler Asset Management, Inc. (“Chandler”) is 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 client’s 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 Moody’s, 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 (“MBS”) reflect 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 high rating by S&P , Moody’s and Fitch respectively.

MONTHLY ACCOUNT STATEMENT
City of Orange Cons | Account #10897 | As of February 28, 2025 CHANDLER ASSET MANAGEMENT | chandlerasset.com
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 at the end of the statement.

Chandler Team:

For questions about your account, please call (800) 317-4747, or contact [email protected]
Custodian:

PORTFOLIO SUMMARY
Portfolio Characteristics
Sector Allocation
Account Summary
Maturity Distribution
Top Issuers
Credit Quality (S&P)
Average Modified Duration 1.46
Average Coupon 3.06%
Average Purchase YTM 3.13%
Average Market YTM 3.71%
Average Credit Quality* AA+
Average Final Maturity 1.73
Average Life 1.63
End Values as of
01/31/2025
End Values as of
02/28/2025
Market Value 157,333,091.66 159,847,703.48
Accrued Interest 716,748.90 732,601.69
Total Market Value 158,049,840.56 160,580,305.17
Income Earned 535,146.39 277,415.11
Cont/WD 9,233,611.73 1,493,450.15
Par 158,584,676.00 160,419,694.76
Book Value 158,401,118.72 160,238,407.19
Cost Value 158,350,512.93 160,173,681.97
LAIF 21.89%
Government of The United States 16.34%
Wells Fargo & Company 12.98%
Federal Home Loan Banks 11.37%
Federal Home Loan Mortgage Corp 5.19%
Farm Credit System 5.12%
Toyota Motor Corporation 3.06%
Apple Inc. 1.82%
*The average credit quality is a weighted average calculation of the highest of S&P , Moody’s and Fitch.

STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes

AGENCY MORTGAGE SECURITIES (CMOS)
Max % (BV; ABS, CMO & MBS) 20.0 5.2 Compliant
Max Maturity (Years) 5.0 0.0 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant

ASSET-BACKED SECURITIES (ABS)
Max % (BV) 20.0 5.2 Compliant
Max % Issuer (BV) 5.0 0.7 Compliant
Max Maturity (Years) 5 4 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant

COMMERCIAL PAPER
Max % (BV) 40.0 0.0 Compliant
Max % Issuer (BV) 5.0 0.0 Compliant
Max Maturity (Days) 270 0.0 Compliant
Min Rating (A-1 by 1 or A- by 1) 0.0 0.0 Compliant

CORPORATE MEDIUM TERM NOTES
Max % (BV) 30.0 19.2 Compliant
Max % Issuer (BV) 5.0 3.1 Compliant
Max Maturity (Years) 5 4 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

FEDERAL AGENCIES
Max % (BV) 75.0 21.9 Compliant
Max % Issuer (BV) 30.0 11.5 Compliant
Max Callables (BV) 20.0 13.0 Compliant
Max Maturity (Years) 5 4 Compliant

LOCAL AGENCY INVESTMENT FUND (LAIF)
Max Concentration (BV) 75.0 35.0 Compliant

LOCAL GOVERNMENT INVESTMENT POOL (LGIP)
Max % (BV) 100.0 0.0 Compliant

MONEY MARKET MUTUAL FUNDS
Max % (BV) 20.0 0.1 Compliant
Max % Issuer (BV) 20.0 0.1 Compliant
Min Rating (AAA by 2) 0.0 0.0 Compliant

STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes
Max % Issuer (BV) 5.0 0.0 Compliant
Max Maturity (Years) 5.0 0.0 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant

MUNICIPAL SECURITIES (CA, LOCAL AGENCY)
Max % (BV) 20.0 0.0 Compliant
Max % Issuer (BV) 5.0 0.0 Compliant
Max Maturity (Years) 5 0.0 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

MUNICIPAL SECURITIES (CA, OTHER STATES)
Max % (BV) 20.0 0.0 Compliant
Max % Issuer (BV) 5.0 0.0 Compliant
Max Maturity (Years) 5 0.0 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

SUPRANATIONAL OBLIGATIONS
Max % (BV) 30.0 2.3 Compliant
Max % Issuer (BV) 10.0 1.2 Compliant
Max Maturity (Years) 5 3 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant
U.S. TREASURIES
Max % (BV) 100.0 16.3 Compliant
Max Maturity (Years) 5 4 Compliant
CONFIDENTIAL | 5
City of Orange Cons | Account #10897 | As of February 28, 2025 Execution Time: 03/26/2025 11:37:38 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

RECONCILIATION SUMMARY
Accrual Activity Summary
Fair Market Activity Summary
Month to Date Fiscal Year to Date
(01/01/2025)
Beginning Book Value 158,401,118.72 148,760,410.07
Maturities/Calls 0.00 0.00
Principal Paydowns (52,763.40) (86,400.79)
Purchases 11,071,928.06 26,315,044.18
Sales (9,276,274.36) (14,696,049.32)
Change in Cash, Payables, Receivables 102,206.16 (40,112.31) Amortization/Accretion 5,062.37 10,653.68
Realized Gain (Loss) (12,870.36) (25,138.31)
Ending Book Value 160,238,407.19 160,238,407.19
Month to Date Fiscal Year to Date
(01/01/2025)
Beginning Market Value 157,333,091.66 147,423,748.89
Maturities/Calls 0.00 0.00
Principal Paydowns (52,763.40) (86,400.79)
Purchases 11,071,928.06 26,315,044.18
Sales (9,276,274.36) (14,696,049.32)
Change in Cash, Payables, Receivables 102,206.16 (40,112.31) Amortization/Accretion 5,062.37 10,653.68
Change in Net Unrealized Gain (Loss) 677,323.35 945,957.46 Realized Gain (Loss) (12,870.36) (25,138.31)
Ending Market Value 159,847,703.48 159,847,703.48
Maturities / Calls
Month to Date 0.00
Fiscal Year to Date 0.00
Principal Paydowns
Month to Date (52,763.40)
Fiscal Year to Date (86,400.79)
Purchases
Month to Date 11,071,928.06
Fiscal Year to Date 26,315,044.18
Sales
Month to Date (9,276,274.36)
Fiscal Year to Date (14,696,049.32)
Interest Received
Month to Date 236,356.70
Fiscal Year to Date 793,028.23
Purchased / Sold Interest
Month to Date 20,143.25
Fiscal Year to Date 26,612.81
CONFIDENTIAL | 6
City of Orange Cons | Account #10897 | As of February 28, 2025 Execution Time: 03/26/2025 11:37:38 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
ABS
05593AAC3 BMWLT 2023-1 A3 5.16
11/25/2025 3,604.60 02/07/2023

5.43%
3,604.52
3,604.58
100.07

4.07%
3,607.07

3.10 0.00%

2.49 AAA/AAA
NA

0.74 0.06
43815JAC7 HAROT 2023-1 A3 5.04
04/21/2027 170,414.91 02/16/2023

5.09%
170,383.24
170,398.60
100.30

4.55%
170,919.78
238.58

0.11%
521.17
AAA/NA
AAA

2.14 0.55
47800CAC0 JDOT 2023 A3 5.01 11/15/2027 359,840.30 02/22/2023

3.39%
359,774.74
359,802.58
100.43

4.34%
361,402.98
801.24

0.23%
1,600.40
AAA/NA
AAA

2.71 0.59
36271VAD9 GMALT 2025-1 A3 4.66
02/21/2028 430,000.00 02/05/2025

4.66%
429,949.26
429,950.04
100.59

4.37%
432,518.77
1,057.56

0.27%
2,568.73
NA/AAA
AAA

2.98 1.72
05592XAD2 BMWOT 2023-A A3 5.47
02/25/2028 190,000.00 07/11/2023

5.47%
189,966.33
189,978.17
100.73

4.47%
191,378.60
173.22

0.12%
1,400.43
NA/AAA
AAA

2.99 0.68
02582JJZ4 AMXCA 2023-1 A 4.87
05/15/2026 350,000.00 06/07/2023

4.87%
349,968.96
349,983.46
100.65

4.35%
352,274.93
757.56

0.22%
2,291.47
NA/AAA
AAA

1.21 1.14
438123AC5 HAROT 2023-4 A3 5.67
06/21/2028 330,000.00 11/01/2023

5.74%
329,941.89
329,958.39
101.42

4.48%
334,669.80
519.75

0.21%
4,711.41
AAA/NA
AAA

3.31 1.11
161571HT4 CHAIT 2023-1 A 5.16 09/15/2028 1,060,000.00 09/07/2023

5.17%
1,059,706.17
1,059,791.89
101.34

4.29%
1,074,208.24
2,430.93

0.67%
14,416.35
NA/AAA
AAA

3.55 1.44
02582JKD1 AMXCA 2023-3 A 5.23
09/15/2028 1,055,000.00 09/12/2023

5.29%
1,054,952.84
1,054,966.52
101.47

4.28%
1,070,521.16
2,452.29

0.67%
15,554.64
NA/AAA
AAA

3.55 1.44
096919AD7 BMWOT 2024-A A3 5.18
02/26/2029 450,000.00 06/04/2024

5.24%
449,931.65
449,942.10
101.21

4.38%
455,428.98
388.50

0.28%
5,486.88

AAA/AAA
NA

4.00 1.40
47786WAD2 JDOT 2024-B A3 5.2 03/15/2029 510,000.00 06/11/2024

5.26%
509,900.30
509,915.05
101.70

4.12%
518,690.20
1,178.67

0.32%
8,775.15
AAA/NA
AAA

4.04 1.49
44934QAD3 HART 2024-B A3 4.84
03/15/2029 285,000.00 07/16/2024

4.90%
284,956.99
284,962.57
100.93

4.36%
287,657.68
613.07

0.18%
2,695.11
NA/AAA
AAA

4.04 1.74
43813YAC6 HAROT 2024-3 A3 4.57
03/21/2029 630,000.00 08/09/2024

4.68%
629,901.03
629,912.39
100.45

4.34%
632,830.78
799.75

0.40%
2,918.39
AAA/NA
AAA

4.06 1.63
05522RDJ4 BACCT 2024-1 A 4.93
05/15/2029 505,000.00 06/06/2024

4.93%
504,971.67
504,975.87
101.44

4.28%
512,256.90
1,106.51

0.32%
7,281.03

AAA/AAA
NA

4.21 2.04
43814VAC1 HAROT 2025-1 A3 4.57
09/21/2029 795,000.00 02/04/2025

4.57%
794,975.51
794,975.77
100.64

4.32%
800,076.55
2,018.42

0.50%
5,100.78
NA/AAA
AAA

4.56 2.12
096924AD7 BMWOT 2025-A A3 4.56
09/25/2029 680,000.00 02/04/2025

4.56%
679,933.02
679,933.70
100.53

4.35%
683,601.28
1,636.53

0.43%
3,667.58

AAA/AAA
NA

4.57 2.06
92970QAE5 WFCIT 2024-2 A 4.29
10/15/2029 560,000.00 10/17/2024

4.58%
559,916.78
559,922.64
100.09

4.29%
560,478.63
1,067.73

0.35%
555.99

AAA/AAA
NA

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
Total ABS 8,363,859.81 4.90%
8,362,734.90
8,362,974.33
100.94

4.32%
8,442,522.33
17,243.41

5.28%
79,548.00

3.73 1.60
AGENCY
3130ANA42 FEDERAL HOME LOAN BANKS

0.65 04/28/2025 4,000,000.00 07/28/2021

0.65%
4,000,000.00
4,000,000.00

99.43 4.37%
3,977,378.04
2,383.33

2.49%
(22,621.96)
AAA/AA
AA

0.16 0.15
3130AMBG6 FEDERAL HOME LOAN BANKS

0.75 04/29/2025 3,400,000.00 05/04/2021

0.75%
3,400,000.00
3,400,000.00

99.44 4.37%
3,380,912.67
8,641.67

2.12%
(19,087.33)
AAA/AA
AA

0.16 0.15
3134GW3Z7

FEDERAL HOME LOAN
MORTGAGE CORP 0.6
10/28/2025
8,500,000.00 10/28/2020

0.60%
8,500,000.00
8,500,000.00

97.67 4.25%
8,302,355.62
17,425.00

5.19%
(197,644.38)
AAA/AA
AA

0.66 0.64
3133EPCF0 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.5 03/02/2026 2,000,000.00 03/27/2023

4.01%
2,026,680.00
2,009,126.06
100.33

4.16%
2,006,591.28
44,750.00

1.26%
(2,534.78)
AAA/AA
AA

1.01 0.97
3133EPQC2

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.625
07/17/2026
2,000,000.00 07/28/2023

4.66%
1,998,260.00
1,999,191.11
100.63

4.14%
2,012,644.84
11,305.56

1.26%
13,453.73
AAA/AA
AA

1.38 1.31
3130ANDF4 FEDERAL HOME LOAN BANKS 0.9
07/29/2026 5,000,000.00 07/29/2021

0.90%
5,010,000.00
5,000,000.00

95.57 4.17%
4,778,666.85
4,000.00

2.99%
(221,333.15)
AAA/AA
AA

1.41 1.37
3133EPDJ1

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.375
09/15/2027
2,000,000.00 03/27/2023

3.81%
2,045,720.00
2,025,997.65
100.77

4.05%
2,015,359.66
40,347.22

1.26%
(10,637.99)
AAA/AA
AA

2.54 2.33
3130ATS57 FEDERAL HOME LOAN BANKS 4.5
03/10/2028 2,000,000.00 03/27/2023

3.82%
2,060,420.00
2,036,906.63
101.43

3.99%
2,028,568.86
42,750.00

1.27%
(8,337.77)
AAA/AA
AA

3.03 2.74
3130AEB25 FEDERAL HOME LOAN BANKS

3.25 06/09/2028 2,000,000.00 07/24/2023

4.15%
1,921,180.00
1,947,069.78

97.75 3.99%
1,955,007.30
14,805.56

1.22%
7,937.52
AAA/AA
AA

3.28 3.04
3130AXQK7 FEDERAL HOME LOAN BANKS

4.75 12/08/2028 2,000,000.00 01/29/2024

4.05%
2,060,660.00
2,047,119.21
102.50

4.03%
2,050,038.54
21,902.78

1.28%
2,919.33
AAA/AA
AA

3.78 3.39
3133ERDH1 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.75 04/30/2029 2,100,000.00 04/29/2024

4.70%
2,104,263.00
2,103,550.94
102.56

4.07%
2,153,676.74
33,527.08

1.35%
50,125.79
AAA/AA
AA

4.17 3.69
Total Agency 35,000,000.00 2.13%
35,127,183.00
35,068,961.38

99.08 4.19%
34,661,200.40
241,838.19

21.68%
(407,760.98)

1.52 1.40
CASH
999WEL$14 Wells Fargo 527,054.58 -- 527,054.58
527,054.58

1.00 0.00%
527,054.58

0.00 0.33%

0.00 NA/NA
NA

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
999WEL$15 Wells Fargo 20,149,973.96 --

0.00%
20,149,973.96
20,149,973.96

1.00 0.00%
20,149,973.96

0.00 12.61%

0.00 NA/NA
NA

0.00 0.00
999WEL$12 Wells Fargo General 74,538.00 --

0.00%
74,538.00
74,538.00

1.00 0.00%
74,538.00

0.00 0.05%

0.00 NA/NA
NA

0.00 0.00
CCYUSD Receivable 1,449.31 --

0.00%
1,449.31
1,449.31

1.00 0.00%
1,449.31

0.00 0.00%

0.00 AAA/AAA
AAA

0.00 0.00
CCYUSD Receivable 215,266.57 --

0.00%
215,266.57
215,266.57

1.00 0.00%
215,266.57

0.00 0.13%

0.00 AAA/AAA
AAA

0.00 0.00
Total Cash 20,968,282.42 0.00%
20,968,282.42
20,968,282.42

1.00 0.00%
20,968,282.42

0.00 13.12%

0.00 0.00

0.00 CORPORATE
89236THP3 TOYOTA MOTOR CREDIT CORP

0.8 10/16/2025 5,000,000.00 11/19/2020

0.70%
5,025,000.00
5,003,194.75

97.77 4.50%
4,888,315.70
15,000.00

3.06%
(114,879.05)
A/A
A

0.63 0.60
63743HFF4

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

5.45 10/30/2025
495,000.00 10/20/2022

5.50%
494,336.70
494,852.80
100.54

4.60%
497,661.43
9,067.44

0.31%
2,808.63
A/A
A

0.67 0.63
037833EB2 APPLE INC 0.7 02/08/2026 3,000,000.00 02/08/2021

0.70%
2,999,730.00
2,999,949.13

96.73 4.32%
2,902,021.26
1,341.67

1.82%
(97,927.87)
AAA/AA
NA

0.94 0.91
713448FQ6 PEPSICO INC 4.55 02/13/2026 195,000.00 02/13/2023

4.57%
194,886.90
194,963.92
100.18

4.35%
195,351.80
443.63

0.12%
387.88
A/A
NA

0.96 0.83
907818GE2 UNION PACIFIC CORP 4.75
02/21/2026 470,000.00 02/13/2023

4.77%
469,689.80
469,898.96
100.21

4.52%
471,007.18
620.14

0.29%
1,108.22
A/A
A

0.98 0.85
46647PBK1 JPMORGAN CHASE & CO 2.083
04/22/2026 1,250,000.00 05/31/2022

3.92%
1,190,825.00
1,246,893.66

99.62 6.09%
1,245,297.35
9,330.10

0.78%
(1,596.31)
A/A
AA

1.15 0.14
61747YET8 MORGAN STANLEY 4.679
07/17/2026 775,000.00 12/28/2022

5.26%
764,390.25
773,424.69

99.98 5.70%
774,819.29
4,432.05

0.48%
1,394.60
A/A
A

1.38 0.37
24422EXD6 JOHN DEERE CAPITAL CORP 5.15
09/08/2026 505,000.00 09/05/2023

5.18%
504,641.45
504,818.11
101.32

4.24%
511,689.75
12,498.05

0.32%
6,871.64
A/A
A

1.53 1.41
713448FW3 PEPSICO INC 5.125 11/10/2026 380,000.00 11/08/2023

5.13%
379,897.40
379,942.05
101.38

4.27%
385,238.05
6,004.79

0.24%
5,296.00
A/A
NA

1.70 1.50
06368LAQ9 BANK OF MONTREAL 4.7
09/14/2027 1,000,000.00 03/30/2023

4.91%
991,550.00
995,188.48
100.58

4.45%
1,005,816.76
21,802.78

0.63%
10,628.28
A/A
AA

2.54 2.24
78016FZW7 ROYAL BANK OF CANADA 4.9
01/12/2028 1,000,000.00 03/30/2023

4.95%
997,990.00
998,796.07
101.11

4.48%
1,011,066.35
6,669.44

0.63%
12,270.28
A/A
AA

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
06051GGF0 BANK OF AMERICA CORP 3.824
01/20/2028 1,250,000.00 06/27/2024

5.30%
1,206,175.00
1,217,693.11

98.58 5.14%
1,232,310.65
5,443.89

0.77%
14,617.54
A/A
AA

2.89 1.78
713448FL7 PEPSICO INC 3.6 02/18/2028 1,500,000.00 03/27/2024

4.49%
1,452,735.00
1,463,969.58

98.38 4.19%
1,475,659.92
1,950.00

0.92%
11,690.34
A/A
NA

2.97 2.77
857477CU5 STATE STREET CORP 4.536
02/28/2028 1,285,000.00 02/25/2025

4.51%
1,285,000.00
1,285,000.00
100.33

4.42%
1,289,292.58
485.73

0.81%
4,292.58
AA/A
AA

3.00 2.69
58933YBH7 MERCK & CO INC 4.05
05/17/2028 1,250,000.00 09/26/2024

3.76%
1,261,775.00
1,260,368.89

99.66 4.16%
1,245,766.89
14,625.00

0.78%
(14,602.01)
A/A
NA

3.22 2.94
91324PEU2 UNITEDHEALTH GROUP INC 4.25
01/15/2029 1,000,000.00 05/28/2024

5.05%
967,180.00
972,533.62

98.94 4.55%
989,350.82
5,430.56

0.62%
16,817.20
A/A
A

3.88 3.51
69371RS80 PACCAR FINANCIAL CORP 4.6
01/31/2029 1,200,000.00 03/27/2024

4.70%
1,194,684.00
1,195,699.15
100.94

4.34%
1,211,226.60
4,753.33

0.76%
15,527.45
A/A
NA

3.93 3.53
17275RBR2 CISCO SYSTEMS INC 4.85
02/26/2029 1,250,000.00 02/27/2024

4.84%
1,250,650.00
1,250,517.32
101.44

4.45%
1,268,006.29
842.01

0.79%
17,488.97
A/AA
NA

4.00 3.52
437076DC3 HOME DEPOT INC 4.75
06/25/2029 1,250,000.00 06/27/2024

4.82%
1,245,987.50
1,246,528.96
101.07

4.47%
1,263,365.76
10,885.42

0.79%
16,836.81
A/A
A

4.32 3.76
532457CQ9 ELI LILLY AND CO 4.2 08/14/2029 705,000.00 08/12/2024

4.25%
703,456.05
703,624.31

99.29 4.38%
699,996.37
1,398.25

0.44%
(3,627.94)
AA/A
NA

4.46 4.01
171239AL0 CHUBB INA HOLDINGS LLC 4.65
08/15/2029 1,250,000.00 09/26/2024

4.08%
1,280,725.00
1,278,006.75
100.60

4.50%
1,257,452.71
2,583.33

0.79%
(20,554.04)
A/A
A

4.46 3.91
40139LBJ1 GUARDIAN LIFE GLOBAL
FUNDING 4.179 09/26/2029 1,300,000.00 11/26/2024

4.67%
1,272,336.00
1,273,810.16

98.46 4.56%
1,280,026.37
23,390.79

0.80%
6,216.21
AA/AA
NA

4.57 4.03
64952WFK4 NEW YORK LIFE GLOBAL
FUNDING 4.6 12/05/2029 830,000.00 12/02/2024

4.61%
829,526.90
829,549.18
100.27

4.54%
832,207.35
9,120.78

0.52%
2,658.17
AAA/AA
AAA

4.77 4.18
14913UAX8 CATERPILLAR FINANCIAL
SERVICES CORP 4.8 01/08/2030 960,000.00 01/06/2025

4.84%
958,147.20
958,199.96
101.51

4.45%
974,543.62
6,784.00

0.61%
16,343.65
A/A
A

4.86 4.26
59217GFT1 METROPOLITAN LIFE GLOBAL
FUNDING I 4.9 01/09/2030 820,000.00 01/02/2025

4.95%
818,310.80
818,357.98
101.03

4.66%
828,441.28
5,803.78

0.52%
10,083.30
AA/AA
AA

4.86 4.25
57629TBV8 MASSMUTUAL GLOBAL
FUNDING II 4.95 01/10/2030 1,000,000.00 01/03/2025

4.96%
999,520.00
999,533.14
101.30

4.65%
1,012,964.70
7,012.50

0.63%
13,431.56
AA/AA
AA

4.87 4.25
Total Corporate 30,920,000.00 3.68%
30,739,145.95
30,815,314.75

99.47 4.56%
30,748,896.83
187,719.46

19.24%
(66,417.92)

2.71 2.34
LAIF
90LAIF$00 Local Agency Investment Fund
State Pool 34,989,857.74 --

4.32%
34,989,857.74
34,989,857.74

1.00 4.32%
34,989,857.74

0.00 21.89%

0.00 NA/NA
NA

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
Total LAIF 34,989,857.74 4.32%
34,989,857.74
34,989,857.74

1.00 4.32%
34,989,857.74

0.00 21.89%

0.00 0.00

0.00 MONEY MARKET
FUND
31846V203 FIRST AMER:GVT OBLG Y 232,694.79 --

3.99%
232,694.79
232,694.79

1.00 3.98%
232,694.79

0.00 0.15%

0.00 AAA/AAA
AAA

0.00 0.00
Total Money
Market Fund 232,694.79 3.99%
232,694.79
232,694.79

1.00 3.98%
232,694.79

0.00 0.15%

0.00 0.00

0.00 SUPRANATIONAL
4581X0EK0

INTER-AMERICAN
DEVELOPMENT BANK 4.5
05/15/2026
1,720,000.00 06/27/2023

4.53%
1,718,675.60
1,719,441.82
100.41

4.14%
1,727,129.93
22,790.00

1.08%
7,688.11

AAA/AAA
NA

1.21 1.14
459058KT9

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.5 07/12/2028
2,000,000.00 07/24/2023

4.19%
1,938,380.00
1,958,228.91

98.20 4.08%
1,963,908.96
9,527.78

1.23%
5,680.05

AAA/AAA
NA

3.37 3.12
Total
Supranational 3,720,000.00 4.35%
3,657,055.60
3,677,670.74

99.23 4.11%
3,691,038.89
32,317.78

2.31%
13,368.16

2.36 2.19

US TREASURY
91282CCZ2 UNITED STATES TREASURY 0.875
09/30/2026 3,000,000.00 09/30/2021

1.01%
2,980,546.88
2,993,842.33

95.21 4.04%
2,856,445.32
10,961.54

1.79%
(137,397.01)
AAA/AA
AA

1.59 1.53
91282CGT2 UNITED STATES TREASURY 3.625
03/31/2028 1,825,000.00 --

3.68%
1,822,165.04
1,822,234.11

98.99 3.98%
1,806,536.13
27,625.69

1.13%
(15,697.98)
AAA/AA
AA

3.09 2.84
91282CJF9 UNITED STATES TREASURY 4.875
10/31/2028 2,200,000.00 05/28/2024

4.57%
2,226,640.63
2,222,090.62
102.95

4.00%
2,264,968.75
35,848.76

1.42%
42,878.13
AAA/AA
AA

3.67 3.28
9128285M8 UNITED STATES TREASURY 3.125
11/15/2028 2,000,000.00 12/28/2023

3.86%
1,935,078.13
1,950,662.29

97.03 3.99%
1,940,626.00
18,301.11

1.21%
(10,036.29)
AAA/AA
AA

3.71 3.42
91282CKD2 UNITED STATES TREASURY 4.25
02/28/2029 2,200,000.00 03/27/2024

4.18%
2,206,617.19
2,205,373.25
100.89

4.01%
2,219,679.68
254.08

1.39%
14,306.44
AAA/AA
AA

4.00 3.64
91282CKG5 UNITED STATES TREASURY 4.125
03/31/2029 2,200,000.00 05/28/2024

4.53%
2,161,156.25
2,167,223.53
100.44

4.01%
2,209,625.00
37,895.60

1.38%
42,401.48
AAA/AA
AA

4.08 3.66
91282CKP5 UNITED STATES TREASURY 4.625
04/30/2029 2,000,000.00 --

4.13%
2,042,382.82
2,037,523.87
102.35

4.01%
2,046,953.12
30,918.51

1.28%
9,429.25
AAA/AA
AA

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
91282CKT7 UNITED STATES TREASURY 4.5
05/31/2029 2,200,000.00 06/13/2024

4.25%
2,224,578.13
2,221,051.47
101.91

4.01%
2,241,938.60
24,750.00

1.40%
20,887.13
AAA/AA
AA

4.25 3.80
91282CLC3 UNITED STATES TREASURY 4.0
07/31/2029 2,000,000.00 09/26/2024

4.30%
2,038,515.62
2,035,138.97

99.98 4.01%
1,999,531.24
6,408.84

1.25%
(35,607.73)
AAA/AA
AA

4.42 4.00
91282CFJ5 UNITED STATES TREASURY 3.125
08/31/2029 2,000,000.00 10/30/2024

4.10%
1,915,156.25
1,920,972.73

96.37 4.02%
1,927,421.88
169.84

1.21%
6,449.15
AAA/AA
AA

4.50 4.14
91282CFL0 UNITED STATES TREASURY 3.875
09/30/2029 2,200,000.00 10/30/2024

4.50%
2,177,828.13
2,179,322.72

99.41 4.02%
2,187,109.36
35,598.90

1.37%
7,786.64
AAA/AA
AA

4.59 4.09
91282CMA6 UNITED STATES TREASURY 4.125
11/30/2029 2,400,000.00 12/27/2024

4.45%
2,366,062.50
2,367,215.17
100.52

4.00%
2,412,375.00
24,750.00

1.51%
45,159.83
AAA/AA
AA

4.75 4.23
Total US Treasury 26,225,000.00 3.89%
26,096,727.57
26,122,651.05

99.63 4.01%
26,113,210.08
253,482.85

16.34%
(9,440.96)

3.85 3.48
Total Portfolio 160,419,694.76 3.13%
160,173,681.97
160,238,407.19

64.87 3.71%
159,847,703.48
732,601.69
100.00%
(390,703.71)

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/
Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 02/04/2025 31846V203 1,420.85 FIRST AMER:GVT OBLG Y 1.000 (1,420.85) 0.00 (1,420.85) 0.00 Purchase 02/10/2025 31846V203 1,601,514.67 FIRST AMER:GVT OBLG Y 1.000 (1,601,514.67) 0.00 (1,601,514.67) 0.00 Purchase 02/11/2025 43814VAC1 795,000.00 HAROT 2025-1 A3 4.57 09/21/2029 99.997 4.57% (794,975.51) 0.00 (794,975.51) 0.00 Purchase 02/12/2025 096924AD7 680,000.00 BMWOT 2025-A A3 4.56 09/25/2029 99.990 4.56% (679,933.02) 0.00 (679,933.02) 0.00 Purchase 02/12/2025 36271VAD9 430,000.00 GMALT 2025-1 A3 4.66 02/21/2028 99.988 4.66% (429,949.26) 0.00 (429,949.26) 0.00 Purchase 02/13/2025 31846V203 4,436.25 FIRST AMER:GVT OBLG Y 1.000 (4,436.25) 0.00 (4,436.25) 0.00 Purchase 02/14/2025 31846V203 14,805.00 FIRST AMER:GVT OBLG Y 1.000 (14,805.00) 0.00 (14,805.00) 0.00 Purchase 02/18/2025 31846V203 104,491.94 FIRST AMER:GVT OBLG Y 1.000 (104,491.94) 0.00 (104,491.94) 0.00 Purchase 02/18/2025 31846V203 2,002.00 FIRST AMER:GVT OBLG Y 1.000 (2,002.00) 0.00 (2,002.00) 0.00 Purchase 02/21/2025 31846V203 11,162.50 FIRST AMER:GVT OBLG Y 1.000 (11,162.50) 0.00 (11,162.50) 0.00 Purchase 02/21/2025 31846V203 19,155.42 FIRST AMER:GVT OBLG Y 1.000 (19,155.42) 0.00 (19,155.42) 0.00 Purchase 02/25/2025 31846V203 12,137.99 FIRST AMER:GVT OBLG Y 1.000 (12,137.99) 0.00 (12,137.99) 0.00 Purchase 02/26/2025 31846V203 30,312.50 FIRST AMER:GVT OBLG Y 1.000 (30,312.50) 0.00 (30,312.50) 0.00 Purchase 02/27/2025 31846V203 1,073,908.68 FIRST AMER:GVT OBLG Y 1.000 (1,073,908.68) 0.00 (1,073,908.68) 0.00 Purchase 02/28/2025 999WEL$14 6,722.47 Wells Fargo 1.000 0.00% (6,722.47) 0.00 (6,722.47) 0.00 Purchase 02/28/2025 90LAIF$00 5,000,000.00 Local Agency Investment Fund State Pool 1.000 4.32% (5,000,000.00) 0.00 (5,000,000.00) 0.00 Purchase 02/28/2025 857477CU5 1,285,000.00 STATE STREET CORP 4.536 02/28/2028 100.000 4.51% (1,285,000.00) 0.00 (1,285,000.00) 0.00 Total Purchase 11,072,070.27 (11,071,928.06) 0.00 (11,071,928.06) 0.00 TOTAL
ACQUISITIONS 11,072,070.27 (11,071,928.06) 0.00 (11,071,928.06) 0.00

DISPOSITIONS
Sale 02/10/2025 31846V203 (6,364.15) FIRST AMER:GVT OBLG Y 1.000 6,364.15 0.00 6,364.15 0.00 Sale 02/10/2025 3130AMBG6 (1,600,000.00) FEDERAL HOME LOAN BANKS 0.75 04/29/2025 99.228 0.75% 1,587,648.00 (3,366.67) 1,591,014.67 (12,352.00) Sale 02/11/2025 31846V203 (794,975.51) FIRST AMER:GVT OBLG Y 1.000 794,975.51 0.00 794,975.51 0.00 Sale 02/12/2025 31846V203 (1,109,882.28) FIRST AMER:GVT OBLG Y 1.000 1,109,882.28 0.00 1,109,882.28 0.00 CONFIDENTIAL | 13
City of Orange Cons | Account #10897 | As of February 28, 2025 Execution Time: 03/26/2025 11:37:38 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/
Sold Total Amount Gain/Loss
Sale 02/27/2025 24422EWF2 (280,000.00) JOHN DEERE CAPITAL CORP 3.4 06/06/2025 99.682 3.41% 279,109.60 (2,142.00) 281,251.60 (884.58) Sale 02/27/2025 91324PEN8 (775,000.00) UNITEDHEALTH GROUP INC 5.15 10/15/2025 100.390 4.56% 778,022.50 (14,634.58) 792,657.08 366.23 Sale 02/28/2025 31846V203 (1,207,000.00) FIRST AMER:GVT OBLG Y 1.000 1,207,000.00 0.00 1,207,000.00 0.00 Sale 02/28/2025 999WEL$12 (29,104.00) Wells Fargo General 1.000 0.00% 29,104.00 0.00 29,104.00 0.00 Sale 02/28/2025 999WEL$15 (3,484,168.32) Wells Fargo 1.000 0.00% 3,484,168.32 0.00 3,484,168.32 0.00 Total Sale (9,286,494.26) 9,276,274.36 (20,143.25) 9,296,417.61 (12,870.36) TOTAL
DISPOSITIONS (9,286,494.26) 9,276,274.36 (20,143.25) 9,296,417.61 (12,870.36) OTHER

TRANSACTIONS
Cash Transfer 02/28/2025 CCYUSD 1,493,450.15 Cash 1,493,450.15 0.00 1,493,450.15 0.00 Total Cash
Transfer 1,493,450.15 1,493,450.15 0.00 1,493,450.15 0.00 Coupon 02/08/2025 037833EB2 0.00 APPLE INC 0.7
02/08/2026 0.70% 10,500.00 0.00 10,500.00 0.00
Coupon 02/13/2025 713448FQ6 0.00 PEPSICO INC 4.55
02/13/2026 4.57% 4,436.25 0.00 4,436.25 0.00
Coupon 02/14/2025 532457CQ9 0.00 ELI LILLY AND CO 4.2
08/14/2029 4.25% 14,805.00 0.00 14,805.00 0.00
Coupon 02/15/2025 47800CAC0 0.00 JDOT 2023 A3 5.01
11/15/2027 3.39% 1,620.80 0.00 1,620.80 0.00
Coupon 02/15/2025 171239AL0 0.00 CHUBB INA HOLDINGS
LLC 4.65 08/15/2029 4.08% 31,484.38 0.00 31,484.38 0.00 Coupon 02/15/2025 92970QAE5 0.00 WFCIT 2024-2 A 4.29
10/15/2029 4.29% 2,002.00 0.00 2,002.00 0.00
Coupon 02/15/2025 02582JJZ4 0.00 AMXCA 2023-1 A 4.87
05/15/2026 4.87% 1,420.42 0.00 1,420.42 0.00
Coupon 02/15/2025 05522RDJ4 0.00 BACCT 2024-1 A 4.93
05/15/2029 4.93% 2,074.71 0.00 2,074.71 0.00
Coupon 02/15/2025 161571HT4 0.00 CHAIT 2023-1 A 5.16
09/15/2028 5.17% 4,558.00 0.00 4,558.00 0.00
CONFIDENTIAL | 14
City of Orange Cons | Account #10897 | As of February 28, 2025 Execution Time: 03/26/2025 11:37:38 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/
Sold Total Amount Gain/Loss
Coupon 02/15/2025 02582JKD1 0.00 AMXCA 2023-3 A 5.23
09/15/2028 5.29% 4,598.04 0.00 4,598.04 0.00
Coupon 02/15/2025 44934QAD3 0.00 HART 2024-B A3 4.84
03/15/2029 5.45% 1,149.50 0.00 1,149.50 0.00
Coupon 02/15/2025 47786WAD2 0.00 JDOT 2024-B A3 5.2
03/15/2029 5.81% 2,210.00 0.00 2,210.00 0.00
Coupon 02/18/2025 713448FL7 0.00 PEPSICO INC 3.6
02/18/2028 4.49% 27,000.00 0.00 27,000.00 0.00
Coupon 02/21/2025 43813YAC6 0.00 HAROT 2024-3 A3 4.57
03/21/2029 4.66% 2,399.25 0.00 2,399.25 0.00
Coupon 02/21/2025 907818GE2 0.00 UNION PACIFIC CORP

4.75 02/21/2026 4.77% 11,162.50 0.00 11,162.50 0.00
Coupon 02/21/2025 43815JAC7 0.00 HAROT 2023-1 A3 5.04
04/21/2027 5.09% 776.31 0.00 776.31 0.00
Coupon 02/21/2025 438123AC5 0.00 HAROT 2023-4 A3 5.67
06/21/2028 5.74% 1,559.25 0.00 1,559.25 0.00
Coupon 02/25/2025 096919AD7 0.00 BMWOT 2024-A A3 5.18
02/26/2029 5.18% 1,942.50 0.00 1,942.50 0.00
Coupon 02/25/2025 05593AAC3 0.00 BMWLT 2023-1 A3 5.16
11/25/2025 5.43% 58.36 0.00 58.36 0.00
Coupon 02/25/2025 05592XAD2 0.00 BMWOT 2023-A A3 5.47
02/25/2028 5.47% 866.08 0.00 866.08 0.00
Coupon 02/26/2025 17275RBR2 0.00 CISCO SYSTEMS INC 4.85 02/26/2029 4.84% 30,312.50 0.00 30,312.50 0.00
Coupon 02/28/2025 91282CFJ5 0.00 UNITED STATES TREASURY

3.125 08/31/2029 4.10% 31,250.00 0.00 31,250.00 0.00
Coupon 02/28/2025 91282CKD2 0.00 UNITED STATES TREASURY

4.25 02/28/2029 4.18% 46,750.00 0.00 46,750.00 0.00
Total Coupon 0.00 234,935.85 0.00 234,935.85 0.00
Custody Fee 02/25/2025 CCYUSD (695.65) Cash (695.65) 0.00 (695.65) 0.00 Total Custody Fee (695.65) (695.65) 0.00 (695.65) 0.00
Dividend 02/28/2025 31846V203 0.00 FIRST AMER:GVT OBLG Y 1,449.31 0.00 1,449.31 0.00 Total Dividend 0.00 1,449.31 0.00 1,449.31 0.00
Management Fee 02/10/2025 CCYUSD (6,364.15) Cash (6,364.15) 0.00 (6,364.15) 0.00 CONFIDENTIAL | 15
City of Orange Cons | Account #10897 | As of February 28, 2025 Execution Time: 03/26/2025 11:37:38 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/
Sold Total Amount Gain/Loss
Total
Management Fee (6,364.15) (6,364.15) 0.00 (6,364.15) 0.00 Principal Paydown 02/15/2025 47800CAC0 28,376.09 JDOT 2023 A3 5.01 11/15/2027 3.39% 28,376.09 -- 28,376.09 (0.00)
Principal Paydown 02/21/2025 43815JAC7 14,420.61 HAROT 2023-1 A3 5.04 04/21/2027 5.09% 14,420.61 -- 14,420.61 (0.00)
Principal Paydown 02/25/2025 05593AAC3 9,966.70 BMWLT 2023-1 A3 5.16 11/25/2025 5.43% 9,966.70 -- 9,966.70 (0.00)
Total Principal
Paydown 52,763.40 52,763.40 -- 52,763.40 (0.01)

CASH & EQUIVALENTS
31846V203 FIRST AMER:GVT OBLG Y
232,694.79
475,568.93
2,875,347.80
(3,118,221.94)
232,694.79

0.00 1,420.85

0.00 0.00

0.00 1,420.85
1,420.85
999WEL$12 Wells Fargo General
74,538.00
103,642.00

0.00 (29,104.00)
74,538.00

0.00 0.00

0.00 999WEL$14 Wells Fargo
527,054.58
520,332.11
6,722.47

0.00 527,054.58

0.00 0.00

0.00 999WEL$15 Wells Fargo
20,149,973.96
23,634,142.28

0.00 (3,484,168.32)
20,149,973.96

0.00 0.00

0.00 CCYUSD Receivable
216,715.88
114,509.72

0.00 0.00
216,715.88

0.00 0.00

0.00 Total Cash & Equivalents 21,200,977.21
24,848,195.04
2,882,070.27
(6,631,494.26)
21,200,977.21

0.00 1,420.85

0.00 0.00

0.00 1,420.85 1,420.85

FIXED INCOME
02582JJZ4 AMXCA 2023-1 A 4.87
05/15/2026
06/07/2023
06/14/2023
350,000.00
349,982.40

0.00 0.00
349,983.46
757.56
1,420.42
757.56
1,420.42

1.05 0.00

1.05 1,421.47
1,421.47
02582JKD1 AMXCA 2023-3 A 5.23
09/15/2028
09/12/2023
09/19/2023
1,055,000.00
1,054,965.80

0.00 0.00
1,054,966.52
2,452.29
4,598.04
2,452.29
4,598.04

0.72 0.00

0.00 0.00
2,999,949.13
10,091.67
10,500.00
1,341.67
1,750.00

4.14 0.00

4.14 1,754.14
1,754.14
05522RDJ4 BACCT 2024-1 A 4.93
05/15/2029
06/06/2024
06/13/2024
505,000.00
504,975.43

0.00 0.00
504,975.87
1,106.51
2,074.71
1,106.51
2,074.71

0.44 0.00

0.44 2,075.15
2,075.15
05592XAD2 BMWOT 2023-A A3 5.47
02/25/2028
07/11/2023
07/18/2023
190,000.00
189,977.61

0.00 0.00
189,978.17
173.22
866.08
173.22
866.08

0.56 0.00

0.56 866.64
866.64
05593AAC3 BMWLT 2023-1 A3 5.16
11/25/2025
02/07/2023
02/15/2023
3,604.60
13,571.21

0.00 (9,966.70)
3,604.58

11.67 58.36

3.10 49.79

0.07 0.00

0.07 49.86

49.86 06051GGF0 BANK OF AMERICA CORP

3.824 01/20/2028
06/27/2024
06/28/2024
1,250,000.00
1,216,382.10

0.00 0.00
1,217,693.11
1,460.56

0.00 5,443.89
3,983.33
1,311.00

0.00 1,311.00
5,294.34
5,294.34
06368LAQ9 BANK OF MONTREAL 4.7
09/14/2027
03/30/2023
03/31/2023
1,000,000.00
995,043.15

0.00 0.00
995,188.48
17,886.11

0.00 21,802.78
3,916.67
145.33

0.00 145.33
4,062.00
4,062.00
096919AD7 BMWOT 2024-A A3 5.18
02/26/2029
06/04/2024
06/11/2024
450,000.00
449,940.98

0.00 0.00
449,942.10
388.50
1,942.50
388.50
1,942.50

1.11 0.00

1.11 1,943.61
1,943.61
096924AD7 BMWOT 2025-A A3 4.56
09/25/2029
02/04/2025
02/12/2025
680,000.00

0.00 679,933.02

0.00 679,933.70

0.00 0.00
1,636.53
1,636.53

0.68 0.00

0.68 1,637.21
1,637.21
14913UAX8

CATERPILLAR FINANCIAL
SERVICES CORP 4.8
01/08/2030
01/06/2025
01/08/2025
960,000.00
958,171.55

0.00 0.00
958,199.96
2,944.00

0.00 6,784.00
3,840.00

28.41 0.00

0.00 0.00
1,059,791.89
2,430.93
4,558.00
2,430.93
4,558.00

4.50 0.00

4.50 4,562.50
4,562.50
171239AL0 CHUBB INA HOLDINGS LLC

4.65 08/15/2029
09/26/2024
09/27/2024
1,250,000.00
1,278,497.79

0.00 0.00
1,278,006.75
29,223.96
31,484.38
2,583.33
4,843.76

0.00 (491.04)
(491.04)
4,352.72
4,352.72
17275RBR2 CISCO SYSTEMS INC 4.85
02/26/2029
02/27/2024
02/29/2024
1,250,000.00
1,250,527.47

0.00 0.00
1,250,517.32
26,102.43
30,312.50
842.01
5,052.08

0.00 (10.15)
(10.15)
5,041.93
5,041.93
24422EWF2 JOHN DEERE CAPITAL CORP

3.4 06/06/2025
06/01/2022
06/06/2022

0.00 279,992.66

0.00 (279,994.18)

0.00 1,454.44
2,142.00

0.00 687.56

1.53 0.00

1.53 689.08
689.08
24422EXD6 JOHN DEERE CAPITAL CORP

5.15 09/08/2026
09/05/2023
09/08/2023
505,000.00
504,808.95

0.00 0.00
504,818.11
10,330.76

0.00 12,498.05
2,167.29

9.16 0.00

9.16 2,176.45
2,176.45
3130AEB25 FEDERAL HOME LOAN BANKS

3.25 06/09/2028
07/24/2023
07/25/2023
2,000,000.00
1,945,830.61

0.00 0.00
1,947,069.78
9,388.89

0.00 14,805.56
5,416.67
1,239.17

0.00 1,239.17
6,655.84
6,655.84
3130AMBG6 FEDERAL HOME LOAN BANKS

0.75 04/29/2025
05/04/2021
05/04/2021
3,400,000.00
5,000,000.00

0.00 (1,600,000.00)
3,400,000.00
9,583.33
3,366.67
8,641.67
2,425.00

0.00 0.00

0.00 2,425.00
2,425.00
3130ANA42 FEDERAL HOME LOAN BANKS

0.65 04/28/2025
07/28/2021
07/28/2021
4,000,000.00
4,000,000.00

0.00 0.00
4,000,000.00
216.67

0.00 2,383.33
2,166.67

0.00 0.00

0.00 2,166.67
2,166.67
3130ANDF4 FEDERAL HOME LOAN BANKS

0.9 07/29/2026
07/29/2021
07/29/2021
5,000,000.00
5,000,000.00

0.00 0.00
5,000,000.00
250.00

0.00 4,000.00
3,750.00

0.00 0.00

4.5 03/10/2028
03/27/2023
03/28/2023
2,000,000.00
2,037,841.82

0.00 0.00
2,036,906.63
35,250.00

0.00 42,750.00
7,500.00

0.00 (935.19)
(935.19)
6,564.81
6,564.81
3130AXQK7 FEDERAL HOME LOAN BANKS

4.75 12/08/2028
01/29/2024
01/30/2024
2,000,000.00
2,048,076.64

0.00 0.00
2,047,119.21
13,986.11

0.00 21,902.78
7,916.67

0.00 (957.43)
(957.43)
6,959.24
6,959.24
3133EPCF0

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.5
03/02/2026
03/27/2023
03/28/2023
2,000,000.00
2,009,824.22

0.00 0.00
2,009,126.06
37,250.00

0.00 44,750.00
7,500.00

0.00 (698.17)
(698.17)
6,801.83
6,801.83
3133EPDJ1

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.375
09/15/2027
03/27/2023
03/28/2023
2,000,000.00
2,026,782.06

0.00 0.00
2,025,997.65
33,055.56

0.00 40,347.22
7,291.67

0.00 (784.41)
(784.41)
6,507.25
6,507.25
3133EPQC2

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.625
07/17/2026
07/28/2023
07/31/2023
2,000,000.00
1,999,146.08

0.00 0.00
1,999,191.11
3,597.22

0.00 11,305.56
7,708.33

45.03 0.00

45.03 7,753.36
7,753.36
3133ERDH1

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.75
04/30/2029
04/29/2024
04/30/2024
2,100,000.00
2,103,616.31

0.00 0.00
2,103,550.94
25,214.58

0.00 33,527.08
8,312.50

0.00 (65.37)
(65.37)
8,247.13
8,247.13
3134GW3Z7

FEDERAL HOME LOAN
MORTGAGE CORP 0.6
10/28/2025
10/28/2020
10/28/2020
8,500,000.00
8,500,000.00

0.00 0.00
8,500,000.00
13,175.00

0.00 17,425.00
4,250.00

0.00 0.00

0.00 4,250.00
4,250.00
36271VAD9 GMALT 2025-1 A3 4.66
02/21/2028
02/05/2025
02/12/2025
430,000.00

0.00 429,949.26

0.00 429,950.04

0.00 0.00
1,057.56
1,057.56

0.78 0.00

0.78 1,058.34
1,058.34
40139LBJ1 GUARDIAN LIFE GLOBAL
FUNDING 4.179 09/26/2029
11/26/2024
11/27/2024
1,300,000.00
1,273,371.05

0.00 0.00
1,273,810.16
18,863.54

0.00 23,390.79
4,527.25
439.11

0.00 0.00
1,246,528.96
5,937.50

0.00 10,885.42
4,947.92

61.63 0.00

61.63 5,009.55
5,009.55
438123AC5 HAROT 2023-4 A3 5.67
06/21/2028
11/01/2023
11/08/2023
330,000.00
329,957.43

0.00 0.00
329,958.39
519.75
1,559.25
519.75
1,559.25

0.96 0.00

0.96 1,560.21
1,560.21
43813YAC6 HAROT 2024-3 A3 4.57
03/21/2029
08/09/2024
08/21/2024
630,000.00
629,910.73

0.00 0.00
629,912.39
799.75
2,399.25
799.75
2,399.25

1.66 0.00

1.66 2,400.91
2,400.91
43814VAC1 HAROT 2025-1 A3 4.57
09/21/2029
02/04/2025
02/11/2025
795,000.00

0.00 794,975.51

0.00 794,975.77

0.00 0.00
2,018.42
2,018.42

0.26 0.00

0.26 2,018.68
2,018.68
43815JAC7 HAROT 2023-1 A3 5.04
04/21/2027
02/16/2023
02/24/2023
170,414.91
184,817.20

0.00 (14,420.61)
170,398.60
258.77
776.31
238.58
756.12

2.01 0.00

2.01 758.13
758.13
44934QAD3 HART 2024-B A3 4.84
03/15/2029
07/16/2024
07/24/2024
285,000.00
284,961.86

0.00 0.00
284,962.57
613.07
1,149.50
613.07
1,149.50

0.71 0.00

0.71 1,150.21
1,150.21
4581X0EK0

INTER-AMERICAN
DEVELOPMENT BANK 4.5
05/15/2026
06/27/2023
07/06/2023
1,720,000.00
1,719,406.30

0.00 0.00
1,719,441.82
16,340.00

0.00 22,790.00
6,450.00

35.52 0.00

35.52 6,485.52
6,485.52
459058KT9

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.5 07/12/2028
07/24/2023
07/26/2023
2,000,000.00
1,957,277.25

0.00 0.00
1,958,228.91
3,694.44

0.00 9,527.78
5,833.33
951.66

0.00 951.66
6,784.99
6,784.99
46647PBK1 JPMORGAN CHASE & CO

2.083 04/22/2026
05/31/2022
06/02/2022
1,250,000.00
1,245,221.02

0.00 0.00
1,246,893.66
7,160.31

0.00 9,330.10
2,169.79
1,672.64

0.00 0.00
509,915.05
1,178.67
2,210.00
1,178.67
2,210.00

1.61 0.00

1.61 2,211.61
2,211.61
47800CAC0 JDOT 2023 A3 5.01
11/15/2027
02/22/2023
03/02/2023
359,840.30
388,174.55

0.00 (28,376.09)
359,802.58
864.43
1,620.80
801.24
1,557.62

4.13 0.00

4.13 1,561.74
1,561.74
532457CQ9 ELI LILLY AND CO 4.2
08/14/2029
08/12/2024
08/14/2024
705,000.00
703,600.64

0.00 0.00
703,624.31
13,735.75
14,805.00
1,398.25
2,467.50

23.68 0.00

23.68 2,491.18
2,491.18
57629TBV8 MASSMUTUAL GLOBAL
FUNDING II 4.95 01/10/2030
01/03/2025
01/10/2025
1,000,000.00
999,525.78

0.00 0.00
999,533.14
2,887.50

0.00 7,012.50
4,125.00

7.36 0.00

7.36 4,132.36
4,132.36
58933YBH7 MERCK & CO INC 4.05
05/17/2028
09/26/2024
09/27/2024
1,250,000.00
1,260,622.90

0.00 0.00
1,260,368.89
10,406.25

0.00 14,625.00
4,218.75

0.00 (254.01)
(254.01)
3,964.74
3,964.74
59217GFT1 METROPOLITAN LIFE GLOBAL
FUNDING I 4.9 01/09/2030
01/02/2025
01/09/2025
820,000.00
818,332.08

0.00 0.00
818,357.98
2,455.44

0.00 5,803.78
3,348.33

25.90 0.00

25.90 3,374.24
3,374.24
61747YET8 MORGAN STANLEY 4.679
07/17/2026
12/28/2022
12/30/2022
775,000.00
773,105.07

0.00 0.00
773,424.69
1,410.20

0.00 4,432.05
3,021.85
319.63

0.00 319.63
3,341.48
3,341.48
63743HFF4

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

5.45 10/30/2025
10/20/2022
10/31/2022
495,000.00
494,835.84

0.00 0.00
494,852.80
6,819.31

0.00 9,067.44
2,248.13

16.96 0.00

16.96 2,265.09
2,265.09
64952WFK4 NEW YORK LIFE GLOBAL
FUNDING 4.6 12/05/2029
12/02/2024
12/05/2024
830,000.00
829,541.93

0.00 0.00
829,549.18
5,939.11

0.00 9,120.78
3,181.67

7.25 0.00

0.00 0.00
1,195,699.15
153.33

0.00 4,753.33
4,600.00

84.10 0.00

84.10 4,684.10
4,684.10
713448FL7 PEPSICO INC 3.6 02/18/2028
03/27/2024
03/28/2024
1,500,000.00
1,463,038.90

0.00 0.00
1,463,969.58
24,450.00
27,000.00
1,950.00
4,500.00
930.68

0.00 930.68
5,430.68
5,430.68
713448FQ6 PEPSICO INC 4.55 02/13/2026
02/13/2023
02/15/2023
195,000.00
194,961.03

0.00 0.00
194,963.92
4,140.50
4,436.25
443.63
739.38

2.89 0.00

2.89 742.27
742.27
713448FW3 PEPSICO INC 5.125
11/10/2026
11/08/2023
11/10/2023
380,000.00
379,939.43

0.00 0.00
379,942.05
4,381.88

0.00 6,004.79
1,622.92

2.62 0.00

2.62 1,625.54
1,625.54
78016FZW7 ROYAL BANK OF CANADA 4.9
01/12/2028
03/30/2023
03/31/2023
1,000,000.00
998,763.87

0.00 0.00
998,796.07
2,586.11

0.00 6,669.44
4,083.33

32.20 0.00

32.20 4,115.53
4,115.53
857477CU5 STATE STREET CORP 4.536
02/28/2028
02/25/2025
02/28/2025
1,285,000.00

0.00 1,285,000.00

0.00 0.00
485.73
485.73

0.00 0.00

0.00 485.73
485.73
89236THP3 TOYOTA MOTOR CREDIT
CORP 0.8 10/16/2025
11/19/2020
11/19/2020
5,000,000.00
5,003,585.38

0.00 0.00
5,003,194.75
11,666.67

0.00 15,000.00
3,333.33

0.00 (390.63)
(390.63)
2,942.71
2,942.71
907818GE2 UNION PACIFIC CORP 4.75
02/21/2026
02/13/2023
02/21/2023
470,000.00
469,891.03

0.00 0.00
469,898.96
9,922.22
11,162.50
620.14
1,860.42

7.92 0.00

7.92 1,868.34
1,868.34
9128285M8 UNITED STATES TREASURY

3.125 11/15/2028
12/28/2023
12/29/2023
2,000,000.00
1,949,642.77

0.00 0.00
1,950,662.29
13,466.85

0.00 18,301.11
4,834.25
1,019.52

0.875 09/30/2026
09/30/2021
09/30/2021
3,000,000.00
2,993,544.04

0.00 0.00
2,993,842.33
8,942.31

0.00 10,961.54
2,019.23
298.30

0.00 298.30
2,317.53
2,317.53
91282CFJ5 UNITED STATES TREASURY

3.125 08/31/2029
10/30/2024
10/31/2024
2,000,000.00
1,919,626.77

0.00 0.00
1,920,972.73
26,588.40
31,250.00
169.84
4,831.44
1,345.96

0.00 1,345.96
6,177.40
6,177.40
91282CFL0 UNITED STATES TREASURY

3.875 09/30/2029
10/30/2024
10/31/2024
2,200,000.00
2,178,976.87

0.00 0.00
2,179,322.72
29,041.21

0.00 35,598.90
6,557.69
345.86

0.00 345.86
6,903.55
6,903.55
91282CGT2 UNITED STATES TREASURY

3.625 03/31/2028 1,825,000.00
1,822,165.33

0.00 0.00
1,822,234.11
22,536.74

0.00 27,625.69
5,088.94
143.06
(74.28)

68.78 5,157.72
5,157.72
91282CJF9 UNITED STATES TREASURY

4.875 10/31/2028
05/28/2024
05/29/2024
2,200,000.00
2,222,552.22

0.00 0.00
2,222,090.62
27,553.18

0.00 35,848.76
8,295.58

0.00 (461.60)
(461.60)
7,833.99
7,833.99
91282CKD2 UNITED STATES TREASURY

4.25 02/28/2029
03/27/2024
03/28/2024
2,200,000.00
2,205,476.30

0.00 0.00
2,205,373.25
39,776.24
46,750.00
254.08
7,227.83

0.00 (103.05)
(103.05)
7,124.78
7,124.78
91282CKG5 UNITED STATES TREASURY

4.125 03/31/2029
05/28/2024
05/29/2024
2,200,000.00
2,166,608.00

0.00 0.00
2,167,223.53
30,914.84

0.00 37,895.60
6,980.77
615.52

0.00 615.52
7,596.29
7,596.29
91282CKP5 UNITED STATES TREASURY

4.625 04/30/2029 2,000,000.00
2,038,214.64

0.00 0.00
2,037,523.87
23,763.81

0.00 30,918.51
7,154.70

0.00 (690.77)
(690.77)
6,463.92
6,463.92
91282CKT7 UNITED STATES TREASURY 4.5
05/31/2029
06/13/2024
06/14/2024
2,200,000.00
2,221,431.26

0.00 0.00
2,221,051.47
17,134.62

0.00 24,750.00
7,615.38

0.00 0.00
2,035,138.97
220.99

0.00 6,408.84
6,187.85

0.00 (609.98)
(609.98)
5,577.87
5,577.87
91282CMA6 UNITED STATES TREASURY

4.125 11/30/2029
12/27/2024
12/30/2024
2,400,000.00
2,366,686.07

0.00 0.00
2,367,215.17
17,134.62

0.00 24,750.00
7,615.38
529.09

0.00 529.09
8,144.48
8,144.48
91324PEN8 UNITEDHEALTH GROUP INC

5.15 10/15/2025
12/28/2022
12/30/2022

0.00 777,956.55

0.00 (777,656.27)

0.00 11,752.01
14,634.58

0.00 2,882.57

0.00 (300.27)
(300.27)
2,582.29
2,582.29
91324PEU2 UNITEDHEALTH GROUP INC

4.25 01/15/2029
05/28/2024
05/29/2024
1,000,000.00
971,990.50

0.00 0.00
972,533.62
1,888.89

0.00 5,430.56
3,541.67
543.12

0.00 543.12
4,084.79
4,084.79
92970QAE5 WFCIT 2024-2 A 4.29
10/15/2029
10/17/2024
10/24/2024
560,000.00
559,921.36

0.00 0.00
559,922.64
1,067.73
2,002.00
1,067.73
2,002.00

1.28 0.00

1.28 2,003.28
2,003.28
Total Fixed Income 104,228,859.81
103,563,065.94
3,189,857.79
(2,710,413.86)
104,047,572.24
716,748.90
255,079.10
732,601.69
270,931.89
12,268.51
(7,206.14)
5,062.37
275,994.26 275,994.26
LAIF
90LAIF$00 Local Agency Investment
Fund State Pool 34,989,857.74
29,989,857.74
5,000,000.00

0.00 34,989,857.74

0.00 0.00

0.00 Total LAIF 34,989,857.74
29,989,857.74
5,000,000.00

0.00 34,989,857.74

0.00 0.00

INCOME EARNED
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
TOTAL PORTFOLIO 160,419,694.76
158,401,118.72
11,071,928.06
(9,341,908.12)
160,238,407.19
716,748.90
256,499.95
732,601.69
272,352.74
12,268.51
(7,206.14)
5,062.37
277,415.11 277,415.11
CONFIDENTIAL | 26
City of Orange Cons | Account #10897 | As of February 28, 2025 Execution Time: 03/26/2025 11:37:38 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount MARCH 2025
03/03/2025 Coupon 3133EPCF0 0.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.375 09/15/2027 43,750.00 43,750.00
03/17/2025 Coupon 44934QAD3 0.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 03/17/2025 Coupon 47800CAC0 0.00 JDOT 2023 A3 5.01 11/15/2027 1,502.33 1,502.33 03/17/2025 Principal Paydown 47800CAC0 (17,579.94) JDOT 2023 A3 5.01 11/15/2027 17,579.94 17,579.94 03/17/2025 Coupon 47786WAD2 0.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 03/17/2025 Coupon 92970QAE5 0.00 WFCIT 2024-2 A 4.29 10/15/2029 2,002.00 2,002.00 03/20/2025 Coupon 36271VAD9 0.00 GMALT 2025-1 A3 4.66 02/21/2028 2,115.12 2,115.12 03/21/2025 Coupon 43815JAC7 0.00 HAROT 2023-1 A3 5.04 04/21/2027 715.74 715.74 03/21/2025 Principal Paydown 43815JAC7 (13,395.17) HAROT 2023-1 A3 5.04 04/21/2027 13,395.17 13,395.17 03/21/2025 Coupon 438123AC5 0.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 03/21/2025 Coupon 43813YAC6 0.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 03/21/2025 Coupon 43814VAC1 0.00 HAROT 2025-1 A3 4.57 09/21/2029 4,036.83 4,036.83 03/26/2025 Coupon 40139LBJ1 1,300,000.00 GUARDIAN LIFE GLOBAL FUNDING 4.179 09/26/2029 27,163.50 27,163.50
03/31/2025 Coupon 91282CCZ2 3,000,000.00 UNITED STATES TREASURY 0.875 09/30/2026 13,125.00 13,125.00 03/31/2025 Coupon 91282CFL0 2,200,000.00 UNITED STATES TREASURY 3.875 09/30/2029 42,625.00 42,625.00 03/31/2025 Coupon 91282CGT2 1,825,000.00 UNITED STATES TREASURY 3.625 03/31/2028 33,078.13 33,078.13 03/31/2025 Coupon 91282CKG5 2,200,000.00 UNITED STATES TREASURY 4.125 03/31/2029 45,375.00 45,375.00 March 2025 Total 32,424.42 361,961.56 394,385.99
APRIL 2025
CONFIDENTIAL | 27
City of Orange Cons | Account #10897 | As of February 28, 2025 Execution Time: 03/26/2025 11:37:38 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 04/15/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 04/15/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 04/15/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 05/15/2029 2,074.71 2,074.71 04/15/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 04/15/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 04/15/2025 Coupon 44935CAD3 635,000.00 HART 2025-A A3 4.32 10/15/2029 2,788.18 2,788.18 04/15/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 04/15/2025 Coupon 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 1,455.87 1,455.87 04/15/2025 Principal Paydown 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 23,178.18 23,178.18 04/15/2025 Coupon 47800DAD6 500,000.00 JDOT 2025 A3 4.23 09/17/2029 1,997.50 1,997.50 04/15/2025 Dividend 90LAIF$00 34,989,857.74 Local Agency Investment Fund State Pool 215,266.57 215,266.57 04/15/2025 Coupon 92970QAE5 560,000.00 WFCIT 2024-2 A 4.29 10/15/2029 2,002.00 2,002.00 04/16/2025 Coupon 89236THP3 5,000,000.00 TOYOTA MOTOR CREDIT CORP 0.8 10/16/2025 20,000.00 20,000.00 04/21/2025 Coupon 36271VAD9 430,000.00 GMALT 2025-1 A3 4.66 02/21/2028 1,669.83 1,669.83 04/21/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 04/21/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 04/21/2025 Coupon 43814VAC1 795,000.00 HAROT 2025-1 A3 4.57 09/21/2029 3,027.63 3,027.63 04/21/2025 Coupon 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 673.89 673.89 04/21/2025 Principal Paydown 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 13,482.41 13,482.41 04/22/2025 Coupon 46647PBK1 1,250,000.00 JPMORGAN CHASE & CO 2.083 04/22/2026 13,018.75 13,018.75 04/22/2025 Effective Maturity 46647PBK1 1,250,000.00 JPMORGAN CHASE & CO 2.083 04/22/2026 1,250,000.00 1,250,000.00 04/25/2025 Coupon 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 827.43 827.43 04/25/2025 Principal Paydown 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 11,713.55 11,713.55 04/25/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 04/25/2025 Coupon 096924AD7 680,000.00 BMWOT 2025-A A3 4.56 09/25/2029 2,584.00 2,584.00 04/28/2025 Coupon 3130ANA42 4,000,000.00 FEDERAL HOME LOAN BANKS 0.65 04/28/2025 6,500.00 6,500.00 04/28/2025 Final Maturity 3130ANA42 4,000,000.00 FEDERAL HOME LOAN BANKS 0.65 04/28/2025 4,000,000.00 4,000,000.00 04/28/2025 Coupon 3134GW3Z7 8,050,000.00 FEDERAL HOME LOAN MORTGAGE CORP 0.6 10/28/2025 24,150.00 24,150.00
04/29/2025 Coupon 3130AMBG6 2,400,000.00 FEDERAL HOME LOAN BANKS 0.75 04/29/2025 9,000.00 9,000.00 04/29/2025 Final Maturity 3130AMBG6 2,400,000.00 FEDERAL HOME LOAN BANKS 0.75 04/29/2025 2,400,000.00 2,400,000.00 CONFIDENTIAL | 28
City of Orange Cons | Account #10897 | As of February 28, 2025 Execution Time: 03/26/2025 11:37:38 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 04/30/2025 Coupon 3133ERDH1 2,100,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.75 04/30/2029 49,875.00 49,875.00
04/30/2025 Coupon 63743HFF4 495,000.00 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 5.45 10/30/2025 13,488.75 13,488.75
04/30/2025 Coupon 91282CJF9 2,200,000.00 UNITED STATES TREASURY 4.875 10/31/2028 53,625.00 53,625.00 04/30/2025 Coupon 91282CKP5 2,000,000.00 UNITED STATES TREASURY 4.625 04/30/2029 46,250.00 46,250.00 April 2025 Total 7,913,640.71 274,845.49 8,188,486.20
MAY 2025
05/12/2025 Coupon 713448FW3 380,000.00 PEPSICO INC 5.125 11/10/2026 9,737.50 9,737.50 05/15/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 05/15/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 05/15/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 05/15/2029 2,074.71 2,074.71 05/15/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 05/15/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 05/15/2025 Coupon 44935CAD3 635,000.00 HART 2025-A A3 4.32 10/15/2029 2,534.71 2,534.71 05/15/2025 Coupon 4581X0EK0 1,720,000.00 INTER-AMERICAN DEVELOPMENT BANK 4.5 05/15/2026 38,700.00 38,700.00
05/15/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 05/15/2025 Coupon 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 1,359.10 1,359.10 05/15/2025 Principal Paydown 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 22,658.61 22,658.61 05/15/2025 Coupon 47800DAD6 500,000.00 JDOT 2025 A3 4.23 09/17/2029 1,762.50 1,762.50 05/15/2025 Coupon 9128285M8 2,000,000.00 UNITED STATES TREASURY 3.125 11/15/2028 31,250.00 31,250.00 05/15/2025 Coupon 92970QAE5 560,000.00 WFCIT 2024-2 A 4.29 10/15/2029 2,002.00 2,002.00 05/19/2025 Coupon 58933YBH7 1,250,000.00 MERCK & CO INC 4.05 05/17/2028 25,312.50 25,312.50 05/20/2025 Coupon 36271VAD9 430,000.00 GMALT 2025-1 A3 4.66 02/21/2028 1,669.83 1,669.83 05/21/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 05/21/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 05/21/2025 Coupon 43814VAC1 795,000.00 HAROT 2025-1 A3 4.57 09/21/2029 3,027.63 3,027.63 05/21/2025 Coupon 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 617.26 617.26 05/21/2025 Principal Paydown 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 12,925.14 12,925.14 05/26/2025 Coupon 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 774.03 774.03 05/26/2025 Principal Paydown 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 11,184.19 11,184.19 CONFIDENTIAL | 29
City of Orange Cons | Account #10897 | As of February 28, 2025 Execution Time: 03/26/2025 11:37:38 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 05/26/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 05/26/2025 Coupon 096924AD7 680,000.00 BMWOT 2025-A A3 4.56 09/25/2029 2,584.00 2,584.00 May 2025 Total 46,767.94 143,242.73 190,010.68
JUNE 2025
06/02/2025 Coupon 91282CKT7 2,200,000.00 UNITED STATES TREASURY 4.5 05/31/2029 49,500.00 49,500.00 06/02/2025 Coupon 91282CMA6 2,400,000.00 UNITED STATES TREASURY 4.125 11/30/2029 49,500.00 49,500.00 06/05/2025 Coupon 64952WFK4 830,000.00 NEW YORK LIFE GLOBAL FUNDING 4.6 12/05/2029 19,090.00 19,090.00
06/09/2025 Coupon 3130AEB25 2,000,000.00 FEDERAL HOME LOAN BANKS 3.25 06/09/2028 32,500.00 32,500.00 06/09/2025 Coupon 3130AXQK7 2,000,000.00 FEDERAL HOME LOAN BANKS 4.75 12/08/2028 47,500.00 47,500.00 06/16/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 06/16/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 06/16/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 05/15/2029 2,074.71 2,074.71 06/16/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 06/16/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 06/16/2025 Coupon 44935CAD3 635,000.00 HART 2025-A A3 4.32 10/15/2029 2,534.71 2,534.71 06/16/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 06/16/2025 Coupon 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 1,264.50 1,264.50 06/16/2025 Principal Paydown 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 20,391.67 20,391.67 06/16/2025 Coupon 47800DAD6 500,000.00 JDOT 2025 A3 4.23 09/17/2029 1,762.50 1,762.50 06/16/2025 Coupon 92970QAE5 560,000.00 WFCIT 2024-2 A 4.29 10/15/2029 2,002.00 2,002.00 06/20/2025 Coupon 36271VAD9 430,000.00 GMALT 2025-1 A3 4.66 02/21/2028 1,669.83 1,669.83 06/23/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 06/23/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 06/23/2025 Coupon 43814VAC1 795,000.00 HAROT 2025-1 A3 4.57 09/21/2029 3,027.63 3,027.63 06/23/2025 Coupon 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 562.98 562.98 06/23/2025 Principal Paydown 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 12,640.49 12,640.49 06/25/2025 Coupon 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 723.05 723.05 06/25/2025 Principal Paydown 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 10,983.82 10,983.82 06/25/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 06/25/2025 Coupon 096924AD7 680,000.00 BMWOT 2025-A A3 4.56 09/25/2029 2,584.00 2,584.00 06/25/2025 Coupon 437076DC3 1,250,000.00 HOME DEPOT INC 4.75 06/25/2029 29,687.50 29,687.50 CONFIDENTIAL | 30
City of Orange Cons | Account #10897 | As of February 28, 2025 Execution Time: 03/26/2025 11:37:38 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount June 2025 Total 44,015.98 265,820.37 309,836.35
JULY 2025
07/08/2025 Coupon 14913UAX8 960,000.00 CATERPILLAR FINANCIAL SERVICES CORP 4.8 01/08/2030 23,040.00 23,040.00
07/09/2025 Coupon 59217GFT1 820,000.00 METROPOLITAN LIFE GLOBAL FUNDING I 4.9 01/09/2030 20,090.00 20,090.00
07/10/2025 Coupon 57629TBV8 1,000,000.00 MASSMUTUAL GLOBAL FUNDING II 4.95 01/10/2030 24,750.00 24,750.00
07/14/2025 Coupon 459058KT9 2,000,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 3.5 07/12/2028 35,000.00 35,000.00
07/14/2025 Coupon 78016FZW7 1,000,000.00 ROYAL BANK OF CANADA 4.9 01/12/2028 24,500.00 24,500.00 07/15/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 07/15/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 07/15/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 05/15/2029 2,074.71 2,074.71 07/15/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 07/15/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 07/15/2025 Coupon 44935CAD3 635,000.00 HART 2025-A A3 4.32 10/15/2029 2,534.71 2,534.71 07/15/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 07/15/2025 Coupon 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 1,179.37 1,179.37 07/15/2025 Principal Paydown 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 20,951.82 20,951.82 07/15/2025 Coupon 47800DAD6 500,000.00 JDOT 2025 A3 4.23 09/17/2029 1,762.50 1,762.50 07/15/2025 Coupon 91324PEU2 1,000,000.00 UNITEDHEALTH GROUP INC 4.25 01/15/2029 21,250.00 21,250.00 07/15/2025 Coupon 92970QAE5 560,000.00 WFCIT 2024-2 A 4.29 10/15/2029 2,002.00 2,002.00 07/17/2025 Coupon 3133EPQC2 2,000,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.625 07/17/2026 46,250.00 46,250.00
07/17/2025 Coupon 61747YET8 775,000.00 MORGAN STANLEY 4.679 07/17/2026 18,131.13 18,131.13 07/17/2025 Effective Maturity 61747YET8 775,000.00 MORGAN STANLEY 4.679 07/17/2026 775,000.00 775,000.00 07/21/2025 Coupon 06051GGF0 1,250,000.00 BANK OF AMERICA CORP 3.824 01/20/2028 23,900.00 23,900.00 07/21/2025 Coupon 36271VAD9 430,000.00 GMALT 2025-1 A3 4.66 02/21/2028 1,669.83 1,669.83 07/21/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 07/21/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 07/21/2025 Coupon 43814VAC1 795,000.00 HAROT 2025-1 A3 4.57 09/21/2029 3,027.63 3,027.63 07/21/2025 Coupon 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 509.89 509.89 CONFIDENTIAL | 31
City of Orange Cons | Account #10897 | As of February 28, 2025 Execution Time: 03/26/2025 11:37:38 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 07/21/2025 Principal Paydown 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 12,340.95 12,340.95 07/25/2025 Coupon 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 672.98 672.98 07/25/2025 Principal Paydown 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 10,752.23 10,752.23 07/25/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 07/25/2025 Coupon 096924AD7 680,000.00 BMWOT 2025-A A3 4.56 09/25/2029 2,584.00 2,584.00 07/29/2025 Coupon 3130ANDF4 5,000,000.00 FEDERAL HOME LOAN BANKS 0.9 07/29/2026 22,500.00 22,500.00 07/31/2025 Coupon 69371RS80 1,200,000.00 PACCAR FINANCIAL CORP 4.6 01/31/2029 27,600.00 27,600.00 07/31/2025 Coupon 91282CLC3 2,000,000.00 UNITED STATES TREASURY 4.0 07/31/2029 40,000.00 40,000.00 July 2025 Total 819,045.00 364,865.70 1,183,910.70
AUGUST 2025
08/08/2025 Coupon 037833EB2 3,000,000.00 APPLE INC 0.7 02/08/2026 10,500.00 10,500.00 08/13/2025 Coupon 713448FQ6 195,000.00 PEPSICO INC 4.55 02/13/2026 4,436.25 4,436.25 08/14/2025 Coupon 532457CQ9 705,000.00 ELI LILLY AND CO 4.2 08/14/2029 14,805.00 14,805.00 08/15/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 08/15/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 08/15/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 05/15/2029 2,074.71 2,074.71 08/15/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 08/15/2025 Coupon 171239AL0 1,250,000.00 CHUBB INA HOLDINGS LLC 4.65 08/15/2029 29,062.50 29,062.50 08/15/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 08/15/2025 Coupon 44935CAD3 635,000.00 HART 2025-A A3 4.32 10/15/2029 2,534.71 2,534.71 08/15/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 08/15/2025 Coupon 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 1,091.89 1,091.89 08/15/2025 Principal Paydown 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 19,256.61 19,256.61 08/15/2025 Coupon 47800DAD6 500,000.00 JDOT 2025 A3 4.23 09/17/2029 1,762.50 1,762.50 08/15/2025 Coupon 92970QAE5 560,000.00 WFCIT 2024-2 A 4.29 10/15/2029 2,002.00 2,002.00 08/18/2025 Coupon 713448FL7 1,500,000.00 PEPSICO INC 3.6 02/18/2028 27,000.00 27,000.00 08/20/2025 Coupon 36271VAD9 430,000.00 GMALT 2025-1 A3 4.66 02/21/2028 1,669.83 1,669.83 08/21/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 08/21/2025 Principal Paydown 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 13,014.84 13,014.84 08/21/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 08/21/2025 Coupon 43814VAC1 795,000.00 HAROT 2025-1 A3 4.57 09/21/2029 3,027.63 3,027.63 08/21/2025 Coupon 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 458.06 458.06 CONFIDENTIAL | 32
City of Orange Cons | Account #10897 | As of February 28, 2025 Execution Time: 03/26/2025 11:37:38 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 08/21/2025 Principal Paydown 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 11,964.25 11,964.25 08/21/2025 Coupon 907818GE2 470,000.00 UNION PACIFIC CORP 4.75 02/21/2026 11,162.50 11,162.50 08/25/2025 Coupon 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 623.97 623.97 08/25/2025 Principal Paydown 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 10,430.77 10,430.77 08/25/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 08/25/2025 Coupon 096924AD7 680,000.00 BMWOT 2025-A A3 4.56 09/25/2029 2,584.00 2,584.00 08/26/2025 Coupon 17275RBR2 1,250,000.00 CISCO SYSTEMS INC 4.85 02/26/2029 30,312.50 30,312.50 08/28/2025 Coupon 857477CU5 1,285,000.00 STATE STREET CORP 4.536 02/28/2028 29,143.80 29,143.80 August 2025 Total 54,666.46 194,088.80 248,755.27
SEPTEMBER 2025
09/02/2025 Coupon 3133EPCF0 2,000,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.375 09/15/2027 43,750.00 43,750.00
09/15/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 09/15/2025 Coupon 44935CAD3 635,000.00 HART 2025-A A3 4.32 10/15/2029 2,534.71 2,534.71 09/15/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 09/15/2025 Coupon 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 1,011.50 1,011.50 09/15/2025 Principal Paydown 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 19,624.89 19,624.89 09/15/2025 Coupon 47800DAD6 500,000.00 JDOT 2025 A3 4.23 09/17/2029 1,762.50 1,762.50 09/15/2025 Coupon 92970QAE5 560,000.00 WFCIT 2024-2 A 4.29 10/15/2029 2,002.00 2,002.00 09/22/2025 Coupon 36271VAD9 430,000.00 GMALT 2025-1 A3 4.66 02/21/2028 1,669.83 1,669.83 09/22/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,497.75 1,497.75 CONFIDENTIAL | 33
City of Orange Cons | Account #10897 | As of February 28, 2025 Execution Time: 03/26/2025 11:37:38 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 09/22/2025 Principal Paydown 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 19,184.50 19,184.50 09/22/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 09/22/2025 Coupon 43814VAC1 795,000.00 HAROT 2025-1 A3 4.57 09/21/2029 3,027.63 3,027.63 09/22/2025 Coupon 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 407.81 407.81 09/22/2025 Principal Paydown 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 11,677.85 11,677.85 09/22/2025 Coupon 459058LR2 635,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 4.125 03/20/2030 13,096.88 13,096.88
09/25/2025 Coupon 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 576.42 576.42 09/25/2025 Principal Paydown 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 10,216.24 10,216.24 09/25/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 09/25/2025 Coupon 096924AD7 680,000.00 BMWOT 2025-A A3 4.56 09/25/2029 2,584.00 2,584.00 09/26/2025 Coupon 40139LBJ1 1,300,000.00 GUARDIAN LIFE GLOBAL FUNDING 4.179 09/26/2029 27,163.50 27,163.50
09/30/2025 Coupon 91282CCZ2 3,000,000.00 UNITED STATES TREASURY 0.875 09/30/2026 13,125.00 13,125.00 09/30/2025 Coupon 91282CFL0 2,200,000.00 UNITED STATES TREASURY 3.875 09/30/2029 42,625.00 42,625.00 09/30/2025 Coupon 91282CGT2 1,825,000.00 UNITED STATES TREASURY 3.625 03/31/2028 33,078.13 33,078.13 09/30/2025 Coupon 91282CKG5 2,200,000.00 UNITED STATES TREASURY 4.125 03/31/2029 45,375.00 45,375.00 September 2025
Total 60,703.48 460,143.82 520,847.30
OCTOBER 2025
10/15/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 10/15/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 10/15/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 05/15/2029 2,074.71 2,074.71 10/15/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 10/15/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 10/15/2025 Coupon 44935CAD3 635,000.00 HART 2025-A A3 4.32 10/15/2029 2,534.71 2,534.71 10/15/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 10/15/2025 Coupon 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 929.56 929.56 10/15/2025 Principal Paydown 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 23,332.67 23,332.67 10/15/2025 Coupon 47800DAD6 500,000.00 JDOT 2025 A3 4.23 09/17/2029 1,762.50 1,762.50 10/15/2025 Coupon 92970QAE5 560,000.00 WFCIT 2024-2 A 4.29 10/15/2029 2,002.00 2,002.00 10/16/2025 Coupon 89236THP3 5,000,000.00 TOYOTA MOTOR CREDIT CORP 0.8 10/16/2025 20,000.00 20,000.00 CONFIDENTIAL | 34
City of Orange Cons | Account #10897 | As of February 28, 2025 Execution Time: 03/26/2025 11:37:38 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 10/16/2025 Final Maturity 89236THP3 5,000,000.00 TOYOTA MOTOR CREDIT CORP 0.8 10/16/2025 5,000,000.00 5,000,000.00 10/20/2025 Coupon 36271VAD9 430,000.00 GMALT 2025-1 A3 4.66 02/21/2028 1,669.83 1,669.83 10/21/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,407.11 1,407.11 10/21/2025 Principal Paydown 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 18,417.17 18,417.17 10/21/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 10/21/2025 Coupon 43814VAC1 795,000.00 HAROT 2025-1 A3 4.57 09/21/2029 3,027.63 3,027.63 10/21/2025 Coupon 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 358.76 358.76 10/21/2025 Principal Paydown 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 11,244.65 11,244.65 10/27/2025 Coupon 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 529.86 529.86 10/27/2025 Principal Paydown 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 9,479.41 9,479.41 10/27/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 10/27/2025 Coupon 096924AD7 680,000.00 BMWOT 2025-A A3 4.56 09/25/2029 2,584.00 2,584.00 10/28/2025 Coupon 3134GW3Z7 8,050,000.00 FEDERAL HOME LOAN MORTGAGE CORP 0.6 10/28/2025 24,150.00 24,150.00
10/28/2025 Final Maturity 3134GW3Z7 8,050,000.00 FEDERAL HOME LOAN MORTGAGE CORP 0.6 10/28/2025 8,050,000.00 8,050,000.00
10/30/2025 Coupon 3133ERDH1 2,100,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.75 04/30/2029 49,875.00 49,875.00
10/30/2025 Coupon 63743HFF4 495,000.00 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 5.45 10/30/2025 13,488.75 13,488.75
10/30/2025 Final Maturity 63743HFF4 495,000.00 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 5.45 10/30/2025 495,000.00 495,000.00
10/31/2025 Coupon 91282CJF9 2,200,000.00 UNITED STATES TREASURY 4.875 10/31/2028 53,625.00 53,625.00 10/31/2025 Coupon 91282CKP5 2,000,000.00 UNITED STATES TREASURY 4.625 04/30/2029 46,250.00 46,250.00 October 2025
Total 13,607,473.89 244,547.12 13,852,021.01
NOVEMBER 2025
11/10/2025 Coupon 713448FW3 380,000.00 PEPSICO INC 5.125 11/10/2026 9,737.50 9,737.50 11/17/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 11/17/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 11/17/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 05/15/2029 2,074.71 2,074.71 11/17/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 11/17/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 CONFIDENTIAL | 35
City of Orange Cons | Account #10897 | As of February 28, 2025 Execution Time: 03/26/2025 11:37:38 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 11/17/2025 Coupon 44935CAD3 635,000.00 HART 2025-A A3 4.32 10/15/2029 2,534.71 2,534.71 11/17/2025 Coupon 4581X0EK0 1,720,000.00 INTER-AMERICAN DEVELOPMENT BANK 4.5 05/15/2026 38,700.00 38,700.00
11/17/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 11/17/2025 Coupon 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 832.15 832.15 11/17/2025 Principal Paydown 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 27,281.69 27,281.69 11/17/2025 Coupon 47800DAD6 500,000.00 JDOT 2025 A3 4.23 09/17/2029 1,762.50 1,762.50 11/17/2025 Coupon 58933YBH7 1,250,000.00 MERCK & CO INC 4.05 05/17/2028 25,312.50 25,312.50 11/17/2025 Coupon 9128285M8 2,000,000.00 UNITED STATES TREASURY 3.125 11/15/2028 31,250.00 31,250.00 11/17/2025 Coupon 92970QAE5 560,000.00 WFCIT 2024-2 A 4.29 10/15/2029 2,002.00 2,002.00 11/20/2025 Coupon 36271VAD9 430,000.00 GMALT 2025-1 A3 4.66 02/21/2028 1,669.83 1,669.83 11/21/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,320.09 1,320.09 11/21/2025 Principal Paydown 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 17,970.16 17,970.16 11/21/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 11/21/2025 Coupon 43814VAC1 795,000.00 HAROT 2025-1 A3 4.57 09/21/2029 3,027.63 3,027.63 11/21/2025 Coupon 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 311.53 311.53 11/21/2025 Principal Paydown 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 9,882.75 9,882.75 11/25/2025 Coupon 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 486.64 486.64 11/25/2025 Principal Paydown 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 8,497.32 8,497.32 11/25/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 11/25/2025 Coupon 096924AD7 680,000.00 BMWOT 2025-A A3 4.56 09/25/2029 2,584.00 2,584.00 November 2025
Total 63,631.92 141,883.50 205,515.42
DECEMBER 2025
12/01/2025 Coupon 91282CKT7 2,200,000.00 UNITED STATES TREASURY 4.5 05/31/2029 49,500.00 49,500.00 12/01/2025 Coupon 91282CMA6 2,400,000.00 UNITED STATES TREASURY 4.125 11/30/2029 49,500.00 49,500.00 12/05/2025 Coupon 64952WFK4 830,000.00 NEW YORK LIFE GLOBAL FUNDING 4.6 12/05/2029 19,090.00 19,090.00
12/08/2025 Coupon 3130AXQK7 2,000,000.00 FEDERAL HOME LOAN BANKS 4.75 12/08/2028 47,500.00 47,500.00 12/09/2025 Coupon 3130AEB25 2,000,000.00 FEDERAL HOME LOAN BANKS 3.25 06/09/2028 32,500.00 32,500.00 12/15/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 12/15/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 CONFIDENTIAL | 36
City of Orange Cons | Account #10897 | As of February 28, 2025 Execution Time: 03/26/2025 11:37:38 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 12/15/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 05/15/2029 2,074.71 2,074.71 12/15/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 12/15/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 12/15/2025 Coupon 44935CAD3 635,000.00 HART 2025-A A3 4.32 10/15/2029 2,534.71 2,534.71 12/15/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 12/15/2025 Coupon 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 718.25 718.25 12/15/2025 Principal Paydown 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 18,241.92 18,241.92 12/15/2025 Coupon 47800DAD6 500,000.00 JDOT 2025 A3 4.23 09/17/2029 1,762.50 1,762.50 12/15/2025 Coupon 92970QAE5 560,000.00 WFCIT 2024-2 A 4.29 10/15/2029 2,002.00 2,002.00 12/22/2025 Coupon 36271VAD9 430,000.00 GMALT 2025-1 A3 4.66 02/21/2028 1,669.83 1,669.83 12/22/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,235.18 1,235.18 12/22/2025 Principal Paydown 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 17,065.53 17,065.53 12/22/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 12/22/2025 Coupon 43814VAC1 795,000.00 HAROT 2025-1 A3 4.57 09/21/2029 3,027.63 3,027.63 12/22/2025 Coupon 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 270.02 270.02 12/22/2025 Principal Paydown 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 9,435.88 9,435.88 12/25/2025 Coupon 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 447.91 447.91 12/25/2025 Principal Paydown 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 8,078.32 8,078.32 12/25/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 12/25/2025 Coupon 096924AD7 680,000.00 BMWOT 2025-A A3 4.56 09/25/2029 2,584.00 2,584.00 12/26/2025 Coupon 437076DC3 1,250,000.00 HOME DEPOT INC 4.75 06/25/2029 29,687.50 29,687.50 December 2025
Total 52,821.66 264,381.95 317,203.60
JANUARY 2026
01/08/2026 Coupon 14913UAX8 960,000.00 CATERPILLAR FINANCIAL SERVICES CORP 4.8 01/08/2030 23,040.00 23,040.00
01/09/2026 Coupon 59217GFT1 820,000.00 METROPOLITAN LIFE GLOBAL FUNDING I 4.9 01/09/2030 20,090.00 20,090.00
01/12/2026 Coupon 459058KT9 2,000,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 3.5 07/12/2028 35,000.00 35,000.00
01/12/2026 Coupon 57629TBV8 1,000,000.00 MASSMUTUAL GLOBAL FUNDING II 4.95 01/10/2030 24,750.00 24,750.00
01/12/2026 Coupon 78016FZW7 1,000,000.00 ROYAL BANK OF CANADA 4.9 01/12/2028 24,500.00 24,500.00 CONFIDENTIAL | 37
City of Orange Cons | Account #10897 | As of February 28, 2025 Execution Time: 03/26/2025 11:37:38 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 01/13/2026 Coupon 713448FQ6 195,000.00 PEPSICO INC 4.55 02/13/2026 3,696.88 3,696.88 01/13/2026 Effective Maturity 713448FQ6 195,000.00 PEPSICO INC 4.55 02/13/2026 195,000.00 195,000.00 01/15/2026 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 01/15/2026 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 01/15/2026 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 05/15/2029 2,074.71 2,074.71 01/15/2026 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 01/15/2026 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 01/15/2026 Coupon 44935CAD3 635,000.00 HART 2025-A A3 4.32 10/15/2029 2,534.71 2,534.71 01/15/2026 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 01/15/2026 Coupon 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 642.09 642.09 01/15/2026 Principal Paydown 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 20,711.91 20,711.91 01/15/2026 Coupon 47800DAD6 500,000.00 JDOT 2025 A3 4.23 09/17/2029 1,762.50 1,762.50 01/15/2026 Coupon 91324PEU2 1,000,000.00 UNITEDHEALTH GROUP INC 4.25 01/15/2029 21,250.00 21,250.00 01/15/2026 Coupon 92970QAE5 560,000.00 WFCIT 2024-2 A 4.29 10/15/2029 2,002.00 2,002.00 01/20/2026 Coupon 06051GGF0 1,250,000.00 BANK OF AMERICA CORP 3.824 01/20/2028 23,900.00 23,900.00 01/20/2026 Coupon 3133EPQC2 2,000,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.625 07/17/2026 46,250.00 46,250.00
01/20/2026 Coupon 36271VAD9 430,000.00 GMALT 2025-1 A3 4.66 02/21/2028 1,669.83 1,669.83 01/21/2026 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,154.54 1,154.54 01/21/2026 Principal Paydown 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 16,716.75 16,716.75 01/21/2026 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 01/21/2026 Coupon 43814VAC1 795,000.00 HAROT 2025-1 A3 4.57 09/21/2029 3,027.63 3,027.63 01/21/2026 Coupon 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 230.39 230.39 01/21/2026 Principal Paydown 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 9,229.26 9,229.26 01/21/2026 Coupon 907818GE2 470,000.00 UNION PACIFIC CORP 4.75 02/21/2026 9,302.08 9,302.08 01/21/2026 Effective Maturity 907818GE2 470,000.00 UNION PACIFIC CORP 4.75 02/21/2026 470,000.00 470,000.00 01/26/2026 Coupon 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 411.09 411.09 01/26/2026 Principal Paydown 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 7,932.71 7,932.71 01/26/2026 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 01/26/2026 Coupon 096924AD7 680,000.00 BMWOT 2025-A A3 4.56 09/25/2029 2,584.00 2,584.00 January 2026 Total 719,590.63 268,150.16 987,740.79
Grand Total 313,041,451.33 23,414,782.10 2,983,931.19 26,398,713.29 CONFIDENTIAL | 38
City of Orange Cons | Account #10897 | As of February 28, 2025 Execution Time: 03/26/2025 11:37:38 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

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

Ratings: Ratings information have been provided by Moody’s, 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.

MONTHLY ACCOUNT STATEMENT
City of Orange Cons | Account #10897 | As of March 31, 2025 CHANDLER ASSET MANAGEMENT | chandlerasset.com
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 at the end of the statement.

Chandler Team:

For questions about your account, please call (800) 317-4747, or contact [email protected]
Custodian:

PORTFOLIO SUMMARY
Portfolio Characteristics
Sector Allocation
Account Summary
Maturity Distribution
Top Issuers
Credit Quality (S&P)
Average Modified Duration 1.54
Average Coupon 3.24%
Average Purchase YTM 3.33%
Average Market YTM 3.88%
Average Credit Quality* AA+
Average Final Maturity 1.83
Average Life 1.57
End Values as of
02/28/2025
End Values as of
03/31/2025
Market Value 159,847,703.48 152,553,130.66
Accrued Interest 732,601.69 607,578.05
Total Market Value 160,580,305.17 153,160,708.71
Income Earned 277,415.11 291,807.95
Cont/WD 1,493,450.15 (8,020,089.10)
Par 160,419,694.76 152,986,216.40
Book Value 160,238,407.19 152,784,422.88
Cost Value 160,173,681.97 152,708,686.40
LAIF 22.94%
Government of The United States 17.12%
Federal Home Loan Banks 11.29%
Wells Fargo & Company 8.35%
Farm Credit System 5.37%
Federal Home Loan Mortgage Corp 5.17%
Toyota Motor Corporation 3.21%
Apple Inc. 1.91%
*The average credit quality is a weighted average calculation of the highest of S&P , Moody’s and Fitch.

STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes

AGENCY MORTGAGE SECURITIES (CMOS)
Max % (BV; ABS, CMO & MBS) 20.0 6.2 Compliant
Max Maturity (Years) 5.0 0.0 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant

ASSET-BACKED SECURITIES (ABS)
Max % (BV) 20.0 6.2 Compliant
Max % Issuer (BV) 5.0 0.7 Compliant
Max Maturity (Years) 5 4 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant

COMMERCIAL PAPER
Max % (BV) 40.0 0.0 Compliant
Max % Issuer (BV) 5.0 0.0 Compliant
Max Maturity (Days) 270 0.0 Compliant
Min Rating (A-1 by 1 or A- by 1) 0.0 0.0 Compliant

CORPORATE MEDIUM TERM NOTES
Max % (BV) 30.0 20.2 Compliant
Max % Issuer (BV) 5.0 3.3 Compliant
Max Maturity (Years) 5 4 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

FEDERAL AGENCIES
Max % (BV) 75.0 22.0 Compliant
Max % Issuer (BV) 30.0 11.4 Compliant
Max Callables (BV) 20.0 12.7 Compliant
Max Maturity (Years) 5 4 Compliant

LOCAL AGENCY INVESTMENT FUND (LAIF)
Max Concentration (BV) 75.0 35.0 Compliant

LOCAL GOVERNMENT INVESTMENT POOL (LGIP)
Max % (BV) 100.0 0.0 Compliant

MONEY MARKET MUTUAL FUNDS
Max % (BV) 20.0 0.3 Compliant
Max % Issuer (BV) 20.0 0.3 Compliant
Min Rating (AAA by 2) 0.0 0.0 Compliant

STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes
Max % Issuer (BV) 5.0 0.0 Compliant
Max Maturity (Years) 5.0 0.0 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant

MUNICIPAL SECURITIES (CA, LOCAL AGENCY)
Max % (BV) 20.0 0.0 Compliant
Max % Issuer (BV) 5.0 0.0 Compliant
Max Maturity (Years) 5 0.0 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

MUNICIPAL SECURITIES (CA, OTHER STATES)
Max % (BV) 20.0 0.0 Compliant
Max % Issuer (BV) 5.0 0.0 Compliant
Max Maturity (Years) 5 0.0 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

SUPRANATIONAL OBLIGATIONS
Max % (BV) 30.0 2.8 Compliant
Max % Issuer (BV) 10.0 1.7 Compliant
Max Maturity (Years) 5 4 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant
U.S. TREASURIES
Max % (BV) 100.0 17.1 Compliant
Max Maturity (Years) 5 4 Compliant
CONFIDENTIAL | 5
City of Orange Cons | Account #10897 | As of March 31, 2025 Execution Time: 04/10/2025 10:59:35 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

RECONCILIATION SUMMARY
Accrual Activity Summary
Fair Market Activity Summary
Month to Date Fiscal Year to Date
(01/01/2025)
Beginning Book Value 160,238,407.19 148,760,410.07
Maturities/Calls 0.00 0.00
Principal Paydowns (45,231.39) (131,632.18)
Purchases 6,221,118.01 32,536,162.19
Sales (13,792,257.87) (28,488,307.19)
Change in Cash, Payables, Receivables 128,150.57 88,038.26 Amortization/Accretion 6,023.81 16,677.49
Realized Gain (Loss) 28,212.56 3,074.25
Ending Book Value 152,784,422.88 152,784,422.88
Month to Date Fiscal Year to Date
(01/01/2025)
Beginning Market Value 159,847,703.48 147,423,748.89
Maturities/Calls 0.00 0.00
Principal Paydowns (45,231.39) (131,632.18)
Purchases 6,221,118.01 32,536,162.19
Sales (13,792,257.87) (28,488,307.19)
Change in Cash, Payables, Receivables 128,150.57 88,038.26 Amortization/Accretion 6,023.81 16,677.49
Change in Net Unrealized Gain (Loss) 159,411.49 1,105,368.95 Realized Gain (Loss) 28,212.56 3,074.25
Ending Market Value 152,553,130.66 152,553,130.66
Maturities / Calls
Month to Date 0.00
Fiscal Year to Date 0.00
Principal Paydowns
Month to Date (45,231.39)
Fiscal Year to Date (131,632.18)
Purchases
Month to Date 6,221,118.01
Fiscal Year to Date 32,536,162.19
Sales
Month to Date (13,792,257.87)
Fiscal Year to Date (28,488,307.19)
Interest Received
Month to Date 369,938.69
Fiscal Year to Date 1,162,966.92
Purchased / Sold Interest
Month to Date 40,869.09
Fiscal Year to Date 67,481.90
CONFIDENTIAL | 6
City of Orange Cons | Account #10897 | As of March 31, 2025 Execution Time: 04/10/2025 10:59:35 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
ABS
43815JAC7 HAROT 2023-1 A3 5.04
04/21/2027 157,019.74 02/16/2023

5.09%
156,990.57
157,005.32
100.23

4.68%
157,376.16
219.83

0.10%
370.84
AAA/NA
AAA

2.06 0.55
47800CAC0 JDOT 2023 A3 5.01 11/15/2027 342,260.37 02/22/2023

3.39%
342,198.00
342,225.61
100.29

4.66%
343,252.58
762.10

0.23%
1,026.97
AAA/NA
AAA

2.63 0.71
36271VAD9 GMALT 2025-1 A3 4.66
02/21/2028 430,000.00 02/05/2025

4.66%
429,949.26
429,951.47
100.46

4.43%
431,997.31
612.27

0.28%
2,045.84
NA/AAA
AAA

2.90 1.66
05592XAD2 BMWOT 2023-A A3 5.47
02/25/2028 179,348.33 07/11/2023

5.47%
179,316.55
179,328.31
100.66

4.59%
180,530.75
163.51

0.12%
1,202.44
NA/AAA
AAA

2.91 0.70
02582JJZ4 AMXCA 2023-1 A 4.87
05/15/2026 350,000.00 06/07/2023

4.87%
349,968.96
349,984.62
100.55

4.40%
351,942.15
757.56

0.23%
1,957.53
NA/AAA
AAA

1.12 1.07
438123AC5 HAROT 2023-4 A3 5.67
06/21/2028 330,000.00 11/01/2023

5.74%
329,941.89
329,959.46
101.20

4.66%
333,975.51
519.75

0.22%
4,016.05
AAA/NA
AAA

3.22 1.11
161571HT4 CHAIT 2023-1 A 5.16 09/15/2028 1,060,000.00 09/07/2023

5.17%
1,059,706.17
1,059,796.88
101.13

4.39%
1,072,007.68
2,430.93

0.70%
12,210.80
NA/AAA
AAA

3.46 1.37
02582JKD1 AMXCA 2023-3 A 5.23
09/15/2028 1,055,000.00 09/12/2023

5.29%
1,054,952.84
1,054,967.33
101.22

4.40%
1,067,884.72
2,452.29

0.70%
12,917.39
NA/AAA
AAA

3.46 1.37
096919AD7 BMWOT 2024-A A3 5.18
02/26/2029 450,000.00 06/04/2024

5.24%
449,931.65
449,943.33
101.24

4.40%
455,569.25
388.50

0.30%
5,625.92

AAA/AAA
NA

3.91 1.47
47786WAD2 JDOT 2024-B A3 5.2 03/15/2029 510,000.00 06/11/2024

5.26%
509,900.30
509,916.83
101.45

4.41%
517,381.43
1,178.67

0.34%
7,464.60
AAA/NA
AAA

3.96 1.69
44934QAD3 HART 2024-B A3 4.84
03/15/2029 285,000.00 07/16/2024

4.90%
284,956.99
284,963.36
100.72

4.48%
287,065.97
613.07

0.19%
2,102.61
NA/AAA
AAA

3.96 1.77
43813YAC6 HAROT 2024-3 A3 4.57
03/21/2029 630,000.00 08/09/2024

4.68%
629,901.03
629,914.22
100.42

4.36%
632,627.73
799.75

0.41%
2,713.51
AAA/NA
AAA

3.97 1.65
05522RDJ4 BACCT 2024-1 A 4.93
05/15/2029 505,000.00 06/06/2024

4.93%
504,971.67
504,976.36
101.31

4.32%
511,609.79
1,106.51

0.34%
6,633.43

AAA/AAA
NA

4.12 1.97
47800DAD6 JDOT 2025 A3 4.23 09/17/2029 500,000.00 03/04/2025

5.09%
499,968.55
499,968.95

99.92 4.30%
499,606.10
1,352.78

0.33%
(362.85)
AAA/NA
AAA

4.47 2.38
43814VAC1 HAROT 2025-1 A3 4.57
09/21/2029 795,000.00 02/04/2025

4.57%
794,975.51
794,976.22
100.51

4.37%
799,078.19
1,009.21

0.52%
4,101.97
NA/AAA
AAA

4.48 2.08
096924AD7 BMWOT 2025-A A3 4.56
09/25/2029 680,000.00 02/04/2025

4.56%
679,933.02
679,934.93
100.47

4.37%
683,183.15
516.80

0.45%
3,248.22

AAA/AAA
NA

4.49 2.02
92970QAE5 WFCIT 2024-2 A 4.29
10/15/2029 560,000.00 10/17/2024

4.58%
559,916.78
559,924.06

99.98 4.34%
559,879.15
1,067.73

0.37%
(44.91)

AAA/AAA
NA

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
44935CAD3 HART 2025-A A3 4.32
10/15/2029 635,000.00 03/04/2025

4.84%
634,906.34
634,907.46

99.88 4.42%
634,248.03
1,447.80

0.42%
(659.42)
NA/AAA
AAA

4.54 2.06
Total ABS 9,453,628.43 4.91%
9,452,386.08
9,452,644.71
100.70

4.41%
9,519,215.65
17,399.05

6.24%
66,570.94

3.76 1.66
AGENCY
3130ANA42 FEDERAL HOME LOAN BANKS

0.65 04/28/2025 4,000,000.00 07/28/2021

0.65%
4,000,000.00
4,000,000.00

99.73 4.31%
3,989,048.84
4,550.00

2.61%
(10,951.16)
AAA/AA
AA

0.08 0.07
3130AMBG6 FEDERAL HOME LOAN BANKS

0.75 04/29/2025 2,400,000.00 05/04/2021

0.75%
2,400,000.00
2,400,000.00

99.73 4.26%
2,393,437.03
7,600.00

1.57%
(6,562.97)
AAA/AA
AA

0.08 0.08
3134GW3Z7

FEDERAL HOME LOAN
MORTGAGE CORP 0.6
10/28/2025
8,050,000.00 10/28/2020

0.60%
8,050,000.00
8,050,000.00

97.92 4.29%
7,882,840.30
20,527.50

5.17%
(167,159.70)
AAA/AA
AA

0.58 0.56
3133EPCF0 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.5 03/02/2026 2,000,000.00 03/27/2023

4.01%
2,026,680.00
2,008,353.08
100.37

4.08%
2,007,406.64
7,250.00

1.32%
(946.44)
AAA/AA
AA

0.92 0.89
3133EPQC2

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.625
07/17/2026
2,000,000.00 07/28/2023

4.66%
1,998,260.00
1,999,240.96
100.72

4.04%
2,014,492.16
19,013.89

1.32%
15,251.20
AAA/AA
AA

1.30 1.24
3130ANDF4 FEDERAL HOME LOAN BANKS 0.9
07/29/2026 5,000,000.00 07/29/2021

0.90%
5,010,000.00
5,000,000.00

95.92 4.09%
4,795,824.25
7,750.00

3.14%
(204,175.75)
AAA/AA
AA

1.33 1.29
3133EPDJ1

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.375
09/15/2027
2,000,000.00 03/27/2023

3.81%
2,045,720.00
2,025,129.19
100.97

3.96%
2,019,300.58
3,888.89

1.32%
(5,828.61)
AAA/AA
AA

2.46 2.31
3130ATS57 FEDERAL HOME LOAN BANKS 4.5
03/10/2028 2,000,000.00 03/27/2023

3.82%
2,060,420.00
2,035,871.24
101.62

3.91%
2,032,392.72
5,250.00

1.33%
(3,478.52)
AAA/AA
AA

2.94 2.73
3130AEB25 FEDERAL HOME LOAN BANKS

3.25 06/09/2028 2,000,000.00 07/24/2023

4.15%
1,921,180.00
1,948,441.72

98.00 3.92%
1,959,976.22
20,222.22

1.28%
11,534.50
AAA/AA
AA

3.19 2.97
3130AXQK7 FEDERAL HOME LOAN BANKS

4.75 12/08/2028 2,000,000.00 01/29/2024

4.05%
2,060,660.00
2,046,059.20
102.75

3.94%
2,055,097.44
29,819.44

1.35%
9,038.24
AAA/AA
AA

3.69 3.32
3133ERDH1 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.75 04/30/2029 2,100,000.00 04/29/2024

4.70%
2,104,263.00
2,103,478.57
102.67

4.03%
2,156,160.85
41,839.58

1.41%
52,682.28
AAA/AA
AA

4.08 3.62
Total Agency 33,550,000.00 2.19%
33,677,183.00
33,616,573.97

99.32 4.13%
33,305,977.03
167,711.53

21.83%
(310,596.94)

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
999WEL$14 Wells Fargo 536,160.81 -- 536,160.81
536,160.81

1.00 0.00%
536,160.81

0.00 0.35%

0.00 NA/NA
NA

0.00 0.00
999WEL$15 Wells Fargo 11,831,570.63 --

0.00%
11,831,570.63
11,831,570.63

1.00 0.00%
11,831,570.63

0.00 7.76%

0.00 NA/NA
NA

0.00 0.00
999WEL$12 Wells Fargo General 363,746.00 -- 363,746.00
363,746.00

1.00 0.00%
363,746.00

0.00 0.24%

0.00 NA/NA
NA

0.00 0.00
CCYUSD Receivable 1,383.62 --

0.00%
1,383.62
1,383.62

1.00 0.00%
1,383.62

0.00 0.00%

0.00 AAA/AAA
AAA

0.00 0.00
CCYUSD Receivable 343,482.83 --

0.00%
343,482.83
343,482.83

1.00 0.00%
343,482.83

0.00 0.23%

0.00 AAA/AAA
AAA

0.00 0.00
Total Cash 13,076,343.89 0.00%
13,076,343.89
13,076,343.89

1.00 0.00%
13,076,343.89

0.00 8.57%

0.00 0.00

0.00 CORPORATE
89236THP3 TOYOTA MOTOR CREDIT CORP

0.8 10/16/2025 5,000,000.00 11/19/2020

0.70%
5,025,000.00
5,002,762.28

98.03 4.52%
4,901,492.10
18,333.33

3.21%
(101,270.18)
A/A
A

0.54 0.53
63743HFF4

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

5.45 10/30/2025
495,000.00 10/20/2022

5.50%
494,336.70
494,871.58
100.56

4.45%
497,793.38
11,315.56

0.33%
2,921.80
A/A
A

0.58 0.56
037833EB2 APPLE INC 0.7 02/08/2026 3,000,000.00 02/08/2021

0.70%
2,999,730.00
2,999,953.72

97.02 4.29%
2,910,746.91
3,091.67

1.91%
(89,206.81)
AAA/AA
NA

0.86 0.83
713448FQ6 PEPSICO INC 4.55 02/13/2026 195,000.00 02/13/2023

4.57%
194,886.90
194,967.12
100.21

4.30%
195,405.82
1,183.00

0.13%
438.70
A/A
NA

0.87 0.76
907818GE2 UNION PACIFIC CORP 4.75
02/21/2026 470,000.00 02/13/2023

4.77%
469,689.80
469,907.73
100.25

4.45%
471,182.12
2,480.56

0.31%
1,274.39
A/A
A

0.90 0.78
46647PBK1 JPMORGAN CHASE & CO 2.083
04/22/2026 1,250,000.00 05/31/2022

3.92%
1,190,825.00
1,248,745.52

99.84 6.16%
1,247,958.93
11,499.90

0.82%
(786.59)
A/A
AA

1.06 0.06
61747YET8 MORGAN STANLEY 4.679
07/17/2026 775,000.00 12/28/2022

5.26%
764,390.25
773,778.57

99.98 5.74%
774,837.19
7,453.91

0.51%
1,058.62
A/A
A

1.30 0.29
24422EXD6 JOHN DEERE CAPITAL CORP 5.15
09/08/2026 505,000.00 09/05/2023

5.18%
504,641.45
504,828.25
101.36

4.16%
511,857.59
1,661.59

0.34%
7,029.34
A/A
A

1.44 1.37
713448FW3 PEPSICO INC 5.125 11/10/2026 380,000.00 11/08/2023

5.13%
379,897.40
379,944.96
101.38

4.23%
385,228.58
7,627.71

0.25%
5,283.63
A/A
NA

1.61 1.43
06368LAQ9 BANK OF MONTREAL 4.7
09/14/2027 1,000,000.00 03/30/2023

4.91%
991,550.00
995,349.39
100.56

4.46%
1,005,556.99
2,219.44

0.66%
10,207.60
A/A
AA

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
78016FZW7 ROYAL BANK OF CANADA 4.9
01/12/2028 1,000,000.00 03/30/2023

4.95%
997,990.00
998,831.72
101.17

4.45%
1,011,666.23
10,752.78

0.66%
12,834.51
A/A
AA

2.79 2.55
06051GGF0 BANK OF AMERICA CORP 3.824
01/20/2028 1,250,000.00 06/27/2024

5.30%
1,206,175.00
1,219,144.58

98.73 5.11%
1,234,163.78
9,427.22

0.81%
15,019.20
A/A
AA

2.81 1.71
713448FL7 PEPSICO INC 3.6 02/18/2028 1,500,000.00 03/27/2024

4.49%
1,452,735.00
1,464,999.97

98.59 4.12%
1,478,829.32
6,450.00

0.97%
13,829.35
A/A
NA

2.89 2.69
857477CU5 STATE STREET CORP 4.536
02/28/2028 1,285,000.00 02/25/2025

4.51%
1,285,000.00
1,285,000.00
100.47

4.36%
1,291,053.64
5,343.03

0.85%
6,053.64
AA/A
AA

2.91 2.62
58933YBH7 MERCK & CO INC 4.05
05/17/2028 1,250,000.00 09/26/2024

3.76%
1,261,775.00
1,260,087.67

99.71 4.15%
1,246,324.93
18,843.75

0.82%
(13,762.75)
AA/A
NA

3.13 2.87
91324PEU2 UNITEDHEALTH GROUP INC 4.25
01/15/2029 1,000,000.00 05/28/2024

5.05%
967,180.00
973,134.93

99.39 4.43%
993,885.76
8,972.22

0.65%
20,750.83
A/A
A

3.79 3.43
69371RS80 PACCAR FINANCIAL CORP 4.6
01/31/2029 1,200,000.00 03/27/2024

4.70%
1,194,684.00
1,195,792.25
100.66

4.41%
1,207,945.10
9,353.33

0.79%
12,152.85
A/A
NA

3.84 3.45
17275RBR2 CISCO SYSTEMS INC 4.85
02/26/2029 1,250,000.00 02/27/2024

4.84%
1,250,650.00
1,250,506.08
101.78

4.35%
1,272,306.14
5,894.10

0.83%
21,800.06
A/AA
NA

3.91 3.44
437076DC3 HOME DEPOT INC 4.75
06/25/2029 1,250,000.00 06/27/2024

4.82%
1,245,987.50
1,246,597.19
101.23

4.43%
1,265,324.44
15,833.33

0.83%
18,727.25
A/A
A

4.24 3.69
532457CQ9 ELI LILLY AND CO 4.2 08/14/2029 705,000.00 08/12/2024

4.25%
703,456.05
703,650.52

99.42 4.35%
700,890.87
3,865.75

0.46%
(2,759.65)
AA/A
NA

4.37 3.93
171239AL0 CHUBB INA HOLDINGS LLC 4.65
08/15/2029 1,250,000.00 09/26/2024

4.08%
1,280,725.00
1,277,463.10
100.84

4.43%
1,260,535.18
7,427.08

0.83%
(16,927.92)
A/A
A

4.38 3.83
40139LBJ1 GUARDIAN LIFE GLOBAL
FUNDING 4.179 09/26/2029 1,300,000.00 11/26/2024

4.67%
1,272,336.00
1,274,296.32

98.46 4.56%
1,279,920.66
754.54

0.84%
5,624.34
AA/AA
NA

4.49 4.04
64952WFK4 NEW YORK LIFE GLOBAL
FUNDING 4.6 12/05/2029 830,000.00 12/02/2024

4.61%
829,526.90
829,557.21
100.39

4.51%
833,215.30
12,302.44

0.55%
3,658.08
AAA/AA
AAA

4.68 4.11
14913UAX8 CATERPILLAR FINANCIAL
SERVICES CORP 4.8 01/08/2030 960,000.00 01/06/2025

4.84%
958,147.20
958,231.42
101.40

4.47%
973,447.60
10,624.00

0.64%
15,216.19
A/A
A

4.77 4.18
59217GFT1 METROPOLITAN LIFE GLOBAL
FUNDING I 4.9 01/09/2030 820,000.00 01/02/2025

4.95%
818,310.80
818,386.66
100.85

4.70%
826,955.99
9,152.11

0.54%
8,569.34
AA/AA
AA

4.78 4.17
57629TBV8 MASSMUTUAL GLOBAL
FUNDING II 4.95 01/10/2030 1,000,000.00 01/03/2025

4.96%
999,520.00
999,541.29
100.80

4.76%
1,007,955.24
11,137.50

0.66%
8,413.95
AA/AA
AA

4.78 4.17
Total Corporate 30,920,000.00 3.68%
30,739,145.95
30,820,330.01

99.59 4.55%
30,786,479.77
212,999.86

20.18%
(33,850.25)

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
90LAIF$00 Local Agency Investment Fund
State Pool 34,989,857.74 --

4.31%
34,989,857.74
34,989,857.74

1.00 4.31%
34,989,857.74

0.00 22.94%

0.00 NA/NA
NA

0.00 0.00
Total LAIF 34,989,857.74 4.31%
34,989,857.74
34,989,857.74

1.00 4.31%
34,989,857.74

0.00 22.94%

0.00 0.00

0.00 MONEY MARKET
FUND
31846V203 FIRST AMER:GVT OBLG Y 416,386.34 --

3.97%
416,386.34
416,386.34

1.00 3.97%
416,386.34

0.00 0.27%

0.00 AAA/AAA
AAA

0.00 0.00
Total Money
Market Fund 416,386.34 3.97%
416,386.34
416,386.34

1.00 3.97%
416,386.34

0.00 0.27%

0.00 0.00

0.00 SUPRANATIONAL
4581X0EK0

INTER-AMERICAN
DEVELOPMENT BANK 4.5
05/15/2026
1,720,000.00 06/27/2023

4.53%
1,718,675.60
1,719,481.15
100.44

4.09%
1,727,602.83
29,240.00

1.13%
8,121.68

AAA/AAA
NA

1.12 1.07
459058KT9

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.5 07/12/2028
2,000,000.00 07/24/2023

4.19%
1,938,380.00
1,959,282.54

98.51 3.99%
1,970,266.06
15,361.11

1.29%
10,983.52

AAA/AAA
NA

3.28 3.04
459058LR2

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 4.125 03/20/2030
635,000.00 03/14/2025

4.20%
632,733.05
632,747.95
100.20

4.08%
636,299.05
800.36

0.42%
3,551.10

AAA/AAA
NA

4.97 4.45
Total
Supranational 4,355,000.00 4.33%
4,289,788.65
4,311,511.63

99.53 4.04%
4,334,167.94
45,401.48

2.84%
22,656.31

2.67 2.46

US TREASURY
91282CCZ2 UNITED STATES TREASURY 0.875
09/30/2026 3,000,000.00 09/30/2021

1.01%
2,980,546.88
2,994,172.59

95.56 3.96%
2,866,757.82

71.72 1.88%
(127,414.77)
AAA/AA
AA

1.50 1.46
91282CGT2 UNITED STATES TREASURY 3.625
03/31/2028 1,825,000.00 --

3.68%
1,822,165.04
1,822,310.26

99.27 3.88%
1,811,740.24
180.75

1.19%
(10,570.01)
AAA/AA
AA

3.00 2.81
9128285M8 UNITED STATES TREASURY 3.125
11/15/2028 2,000,000.00 12/28/2023

3.86%
1,935,078.13
1,951,791.05

97.36 3.91%
1,947,187.50
23,653.31

1.28%
(4,603.55)
AAA/AA
AA

3.63 3.34
91282CKD2 UNITED STATES TREASURY 4.25
02/28/2029 2,200,000.00 03/27/2024

4.18%
2,206,617.19
2,205,259.16
101.17

3.92%
2,225,781.25
8,130.43

1.46%
20,522.09
AAA/AA
AA

3.91 3.57
91282CKG5 UNITED STATES TREASURY 4.125
03/31/2029 2,200,000.00 05/28/2024

4.53%
2,161,156.25
2,167,904.99
100.73

3.93%
2,216,070.32
247.95

1.45%
48,165.32
AAA/AA
AA

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
91282CKP5 UNITED STATES TREASURY 4.625
04/30/2029 2,000,000.00 --

4.13%
2,042,382.82
2,036,759.08
102.61

3.93%
2,052,109.38
38,839.78

1.35%
15,350.30
AAA/AA
AA

4.08 3.63
91282CKT7 UNITED STATES TREASURY 4.5
05/31/2029 2,200,000.00 06/13/2024

4.25%
2,224,578.13
2,220,630.98
102.17

3.93%
2,247,695.32
33,181.32

1.47%
27,064.34
AAA/AA
AA

4.17 3.72
91282CLC3 UNITED STATES TREASURY 4.0
07/31/2029 2,000,000.00 09/26/2024

4.30%
2,038,515.62
2,034,463.64
100.26

3.93%
2,005,234.38
13,259.67

1.31%
(29,229.26)
AAA/AA
AA

4.33 3.92
91282CFJ5 UNITED STATES TREASURY 3.125
08/31/2029 2,000,000.00 10/30/2024

4.10%
1,915,156.25
1,922,462.91

96.74 3.94%
1,934,765.62
5,434.78

1.27%
12,302.71
AAA/AA
AA

4.42 4.06
91282CFL0 UNITED STATES TREASURY 3.875
09/30/2029 2,200,000.00 10/30/2024

4.50%
2,177,828.13
2,179,705.64

99.72 3.94%
2,193,813.60
232.92

1.44%
14,107.96
AAA/AA
AA

4.50 4.09
91282CMA6 UNITED STATES TREASURY 4.125
11/30/2029 2,400,000.00 12/27/2024

4.45%
2,366,062.50
2,367,800.95
100.77

3.94%
2,418,562.51
33,181.32

1.59%
50,761.57
AAA/AA
AA

4.67 4.15
91282CGQ8 UNITED STATES TREASURY 4.0
02/28/2030 2,200,000.00 03/28/2025

4.03%
2,197,507.81
2,197,513.35
100.23

3.95%
2,204,984.36
7,652.17

1.45%
7,471.01
AAA/AA
AA

4.91 4.41
Total US Treasury 26,225,000.00 3.85%
26,067,594.75
26,100,774.59

99.66 3.93%
26,124,702.31
164,066.14

17.12%
23,927.72

3.88 3.53
Total Portfolio 152,986,216.40 3.33%
152,708,686.40
152,784,422.88

68.28 3.88%
152,553,130.66
607,578.05
100.00%
(231,292.22)

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 03/03/2025 31846V203 45,000.00 FIRST AMER:GVT OBLG Y 1.000 3.98% (45,000.00) 0.00 (45,000.00) 0.00 Purchase 03/04/2025 31846V203 1,449.31 FIRST AMER:GVT OBLG Y 1.000 3.99% (1,449.31) 0.00 (1,449.31) 0.00 Purchase 03/07/2025 31846V203 997,436.67 FIRST AMER:GVT OBLG Y 1.000 3.99% (997,436.67) 0.00 (997,436.67) 0.00 Purchase 03/10/2025 31846V203 58,003.75 FIRST AMER:GVT OBLG Y 1.000 3.97% (58,003.75) 0.00 (58,003.75) 0.00 Purchase 03/11/2025 47800DAD6 500,000.00 JDOT 2025 A3 4.23 09/17/2029 99.994 5.09% (499,968.55) 0.00 (499,968.55) 0.00 Purchase 03/12/2025 44935CAD3 635,000.00 HART 2025-A A3 4.32 10/15/2029 99.985 4.84% (634,906.34) 0.00 (634,906.34) 0.00 Purchase 03/14/2025 31846V203 23,500.00 FIRST AMER:GVT OBLG Y 1.000 3.95% (23,500.00) 0.00 (23,500.00) 0.00 Purchase 03/17/2025 31846V203 77,349.81 FIRST AMER:GVT OBLG Y 1.000 3.95% (77,349.81) 0.00 (77,349.81) 0.00 Purchase 03/17/2025 31846V203 3,495.13 FIRST AMER:GVT OBLG Y 1.000 3.95% (3,495.13) 0.00 (3,495.13) 0.00 Purchase 03/18/2025 31846V203 440,911.50 FIRST AMER:GVT OBLG Y 1.000 3.95% (440,911.50) 0.00 (440,911.50) 0.00 Purchase 03/20/2025 31846V203 2,115.12 FIRST AMER:GVT OBLG Y 1.000 3.95% (2,115.12) 0.00 (2,115.12) 0.00 Purchase 03/20/2025 459058LR2 635,000.00

INTERNATIONAL BANK

FOR RECONSTRUCTION
AND DEVELOPM 4.125
03/20/2030

99.643 4.20% (632,733.05) 0.00 (632,733.05) 0.00
Purchase 03/21/2025 31846V203 22,106.24 FIRST AMER:GVT OBLG Y 1.000 3.95% (22,106.24) 0.00 (22,106.24) 0.00 Purchase 03/25/2025 31846V203 15,122.36 FIRST AMER:GVT OBLG Y 1.000 3.94% (15,122.36) 0.00 (15,122.36) 0.00 Purchase 03/25/2025 31846V203 4,960.34 FIRST AMER:GVT OBLG Y 1.000 3.94% (4,960.34) 0.00 (4,960.34) 0.00 Purchase 03/26/2025 31846V203 27,163.50 FIRST AMER:GVT OBLG Y 1.000 3.95% (27,163.50) 0.00 (27,163.50) 0.00 Purchase 03/28/2025 31846V203 104,871.17 FIRST AMER:GVT OBLG Y 1.000 3.97% (104,871.17) 0.00 (104,871.17) 0.00 Purchase 03/28/2025 91282CGQ8 2,200,000.00 UNITED STATES TREASURY

4.0 02/28/2030 99.887 4.03% (2,197,507.81) (6,695.65) (2,204,203.46) 0.00 Purchase 03/31/2025 999WEL$12 289,208.00 Wells Fargo General 1.000 0.00% (289,208.00) 0.00 (289,208.00) 0.00 Purchase 03/31/2025 999WEL$14 9,106.23 Wells Fargo 1.000 0.00% (9,106.23) 0.00 (9,106.23) 0.00 Purchase 03/31/2025 31846V203 134,203.13 FIRST AMER:GVT OBLG Y 1.000 3.97% (134,203.13) 0.00 (134,203.13) 0.00 Total Purchase 6,226,002.26 (6,221,118.01) (6,695.65) (6,227,813.66) 0.00 TOTAL
ACQUISITIONS 6,226,002.26 (6,221,118.01) (6,695.65) (6,227,813.66) 0.00 CONFIDENTIAL | 13
City of Orange Cons | Account #10897 | As of March 31, 2025 Execution Time: 04/10/2025 10:59:35 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss

DISPOSITIONS
Sale 03/07/2025 3130AMBG6 (1,000,000.00) FEDERAL HOME LOAN BANKS 0.75 04/29/2025 99.477 0.75% 994,770.00 (2,666.67) 997,436.67 (5,230.00) Sale 03/07/2025 31846V203 (6,388.54) FIRST AMER:GVT OBLG Y 1.000 3.99% 6,388.54 0.00 6,388.54 0.00 Sale 03/11/2025 31846V203 (499,968.55) FIRST AMER:GVT OBLG Y 1.000 3.97% 499,968.55 0.00 499,968.55 0.00 Sale 03/12/2025 31846V203 (634,906.34) FIRST AMER:GVT OBLG Y 1.000 3.96% 634,906.34 0.00 634,906.34 0.00 Sale 03/18/2025 3134GW3Z7 (450,000.00)

FEDERAL HOME LOAN
MORTGAGE CORP 0.6
10/28/2025

97.747 0.60% 439,861.50 (1,050.00) 440,911.50 (10,138.50) Sale 03/20/2025 31846V203 (632,733.05) FIRST AMER:GVT OBLG Y 1.000 3.95% 632,733.05 0.00 632,733.05 0.00 Sale 03/28/2025 91282CJF9 (2,200,000.00) UNITED STATES TREASURY

4.875 10/31/2028 102.965 4.57% 2,265,226.56 (43,848.07) 2,309,074.63 43,581.05 Sale 03/31/2025 999WEL$15 (8,318,403.33) Wells Fargo 1.000 0.00% 8,318,403.33 0.00 8,318,403.33 0.00 Total Sale (13,742,399.81) 13,792,257.87 (47,564.74) 13,839,822.61 28,212.55 TOTAL
DISPOSITIONS (13,742,399.81) 13,792,257.87 (47,564.74) 13,839,822.61 28,212.55 OTHER

TRANSACTIONS
Cash Transfer 03/31/2025 CCYUSD (8,020,089.10) Cash (8,020,089.10) 0.00 (8,020,089.10) 0.00 Total Cash
Transfer (8,020,089.10) (8,020,089.10) 0.00 (8,020,089.10) 0.00 Coupon 03/02/2025 3133EPCF0 0.00

FEDERAL FARM CREDIT

BANKS FUNDING CORP

4.5 03/02/2026

4.01% 45,000.00 0.00 45,000.00 0.00
Coupon 03/08/2025 24422EXD6 0.00 JOHN DEERE CAPITAL
CORP 5.15 09/08/2026 5.18% 13,003.75 0.00 13,003.75 0.00 Coupon 03/10/2025 3130ATS57 0.00 FEDERAL HOME LOAN
BANKS 4.5 03/10/2028 3.82% 45,000.00 0.00 45,000.00 0.00 Coupon 03/14/2025 06368LAQ9 0.00 BANK OF MONTREAL 4.7
09/14/2027 4.91% 23,500.00 0.00 23,500.00 0.00
Coupon 03/15/2025 47800CAC0 0.00 JDOT 2023 A3 5.01
11/15/2027 3.39% 1,502.33 0.00 1,502.33 0.00
CONFIDENTIAL | 14
City of Orange Cons | Account #10897 | As of March 31, 2025 Execution Time: 04/10/2025 10:59:35 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss
Coupon 03/15/2025 3133EPDJ1 0.00

FEDERAL FARM CREDIT

BANKS FUNDING CORP

4.375 09/15/2027

3.81% 43,750.00 0.00 43,750.00 0.00
Coupon 03/15/2025 92970QAE5 0.00 WFCIT 2024-2 A 4.29
10/15/2029 4.29% 2,002.00 0.00 2,002.00 0.00
Coupon 03/15/2025 02582JJZ4 0.00 AMXCA 2023-1 A 4.87
05/15/2026 4.87% 1,420.42 0.00 1,420.42 0.00
Coupon 03/15/2025 05522RDJ4 0.00 BACCT 2024-1 A 4.93
05/15/2029 4.93% 2,074.71 0.00 2,074.71 0.00
Coupon 03/15/2025 161571HT4 0.00 CHAIT 2023-1 A 5.16
09/15/2028 5.17% 4,558.00 0.00 4,558.00 0.00
Coupon 03/15/2025 02582JKD1 0.00 AMXCA 2023-3 A 5.23
09/15/2028 5.29% 4,598.04 0.00 4,598.04 0.00
Coupon 03/15/2025 44934QAD3 0.00 HART 2024-B A3 4.84
03/15/2029 5.45% 1,149.50 0.00 1,149.50 0.00
Coupon 03/15/2025 47786WAD2 0.00 JDOT 2024-B A3 5.2
03/15/2029 5.81% 2,210.00 0.00 2,210.00 0.00
Coupon 03/20/2025 36271VAD9 0.00 GMALT 2025-1 A3 4.66
02/21/2028 4.66% 2,115.12 0.00 2,115.12 0.00
Coupon 03/21/2025 43814VAC1 0.00 HAROT 2025-1 A3 4.57
09/21/2029 4.57% 4,036.83 0.00 4,036.83 0.00
Coupon 03/21/2025 43813YAC6 0.00 HAROT 2024-3 A3 4.57
03/21/2029 4.66% 2,399.25 0.00 2,399.25 0.00
Coupon 03/21/2025 43815JAC7 0.00 HAROT 2023-1 A3 5.04
04/21/2027 5.09% 715.74 0.00 715.74 0.00
Coupon 03/21/2025 438123AC5 0.00 HAROT 2023-4 A3 5.67
06/21/2028 5.74% 1,559.25 0.00 1,559.25 0.00
Coupon 03/25/2025 096924AD7 0.00 BMWOT 2025-A A3 4.56
09/25/2029 4.56% 3,703.73 0.00 3,703.73 0.00
Coupon 03/25/2025 096919AD7 0.00 BMWOT 2024-A A3 5.18
02/26/2029 5.18% 1,942.50 0.00 1,942.50 0.00
Coupon 03/25/2025 05593AAC3 0.00 BMWLT 2023-1 A3 5.16
11/25/2025 5.43% 15.50 0.00 15.50 0.00
CONFIDENTIAL | 15
City of Orange Cons | Account #10897 | As of March 31, 2025 Execution Time: 04/10/2025 10:59:35 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss
Coupon 03/25/2025 05592XAD2 0.00 BMWOT 2023-A A3 5.47
02/25/2028 5.47% 866.08 0.00 866.08 0.00
Coupon 03/26/2025 40139LBJ1 0.00

GUARDIAN LIFE GLOBAL
FUNDING 4.179
09/26/2029

4.67% 27,163.50 0.00 27,163.50 0.00
Coupon 03/31/2025 91282CCZ2 0.00 UNITED STATES TREASURY

0.875 09/30/2026 1.01% 13,125.00 0.00 13,125.00 0.00
Coupon 03/31/2025 91282CGT2 0.00 UNITED STATES TREASURY

3.625 03/31/2028 3.68% 33,078.13 0.00 33,078.13 0.00
Coupon 03/31/2025 91282CFL0 0.00 UNITED STATES TREASURY

3.875 09/30/2029 4.10% 42,625.00 0.00 42,625.00 0.00
Coupon 03/31/2025 91282CKG5 0.00 UNITED STATES TREASURY

4.125 03/31/2029 4.53% 45,375.00 0.00 45,375.00 0.00
Total Coupon 0.00 368,489.38 0.00 368,489.38 0.00
Custody Fee 03/25/2025 CCYUSD (701.39) Cash (701.39) 0.00 (701.39) 0.00 Total Custody Fee (701.39) (701.39) 0.00 (701.39) 0.00
Dividend 03/31/2025 31846V203 0.00 FIRST AMER:GVT OBLG Y 3.97% 1,383.62 0.00 1,383.62 0.00 Total Dividend 0.00 1,383.62 0.00 1,383.62 0.00
Management Fee 03/07/2025 CCYUSD (6,388.54) Cash (6,388.54) 0.00 (6,388.54) 0.00 Total
Management Fee (6,388.54) (6,388.54) 0.00 (6,388.54) 0.00 Principal Paydown 03/15/2025 47800CAC0 17,579.94 JDOT 2023 A3 5.01 11/15/2027 3.39% 17,579.94 -- 17,579.94 0.00
Principal Paydown 03/21/2025 43815JAC7 13,395.17 HAROT 2023-1 A3 5.04 04/21/2027 5.09% 13,395.17 -- 13,395.17 0.00
Principal Paydown 03/25/2025 05593AAC3 3,604.61 BMWLT 2023-1 A3 5.16 11/25/2025 5.43% 3,604.61 -- 3,604.61 0.01
Principal Paydown 03/25/2025 05592XAD2 10,651.67 BMWOT 2023-A A3 5.47 02/25/2028 5.47% 10,651.67 -- 10,651.67 (0.00)
Total Principal
Paydown 45,231.39 45,231.39 -- 45,231.39 0.01

CASH & EQUIVALENTS
31846V203 FIRST AMER:GVT OBLG Y
416,386.34
232,694.79
1,957,688.03
(1,773,996.48)
416,386.34

0.00 1,449.31

0.00 0.00

0.00 1,449.31
1,449.31
999WEL$12 Wells Fargo General
363,746.00
74,538.00
289,208.00

0.00 363,746.00

0.00 0.00

0.00 999WEL$14 Wells Fargo
536,160.81
527,054.58
9,106.23

0.00 536,160.81

0.00 0.00

0.00 999WEL$15 Wells Fargo
11,831,570.63
20,149,973.96

0.00 (8,318,403.33)
11,831,570.63

0.00 0.00

0.00 CCYUSD Receivable
344,866.45
216,715.88

0.00 0.00
344,866.45

0.00 0.00

0.00 Total Cash & Equivalents 13,492,730.23
21,200,977.21
2,256,002.26
(10,092,399.81)
13,492,730.23

0.00 1,449.31

0.00 0.00

0.00 1,449.31 1,449.31

FIXED INCOME
02582JJZ4 AMXCA 2023-1 A 4.87
05/15/2026
06/07/2023
06/14/2023
350,000.00
349,983.46

0.00 0.00
349,984.62
757.56
1,420.42
757.56
1,420.42

1.17 0.00

1.17 1,421.59
1,421.59
02582JKD1 AMXCA 2023-3 A 5.23
09/15/2028
09/12/2023
09/19/2023
1,055,000.00
1,054,966.52

0.00 0.00
1,054,967.33
2,452.29
4,598.04
2,452.29
4,598.04

0.80 0.00

0.00 0.00
2,999,953.72
1,341.67

0.00 3,091.67
1,750.00

4.58 0.00

4.58 1,754.58
1,754.58
05522RDJ4 BACCT 2024-1 A 4.93
05/15/2029
06/06/2024
06/13/2024
505,000.00
504,975.87

0.00 0.00
504,976.36
1,106.51
2,074.71
1,106.51
2,074.71

0.49 0.00

0.49 2,075.20
2,075.20
05592XAD2 BMWOT 2023-A A3 5.47
02/25/2028
07/11/2023
07/18/2023
179,348.33
189,978.17

0.00 (10,651.67)
179,328.31
173.22
866.08
163.51
856.37

1.81 0.00

1.81 858.18
858.18
05593AAC3 BMWLT 2023-1 A3 5.16
11/25/2025
02/07/2023
02/15/2023

0.00 3,604.58

0.00 (3,604.60)

0.00 3.10

15.50 0.00

12.40 0.02

0.00 0.02

12.42 12.42
06051GGF0 BANK OF AMERICA CORP

3.824 01/20/2028
06/27/2024
06/28/2024
1,250,000.00
1,217,693.11

0.00 0.00
1,219,144.58
5,443.89

0.00 9,427.22
3,983.33
1,451.47

0.00 1,451.47
5,434.80
5,434.80
06368LAQ9 BANK OF MONTREAL 4.7
09/14/2027
03/30/2023
03/31/2023
1,000,000.00
995,188.48

0.00 0.00
995,349.39
21,802.78
23,500.00
2,219.44
3,916.67
160.90

0.00 160.90
4,077.57
4,077.57
096919AD7 BMWOT 2024-A A3 5.18
02/26/2029
06/04/2024
06/11/2024
450,000.00
449,942.10

0.00 0.00
449,943.33
388.50
1,942.50
388.50
1,942.50

1.23 0.00

1.23 1,943.73
1,943.73
096924AD7 BMWOT 2025-A A3 4.56
09/25/2029
02/04/2025
02/12/2025
680,000.00
679,933.70

0.00 0.00
679,934.93
1,636.53
3,703.73
516.80
2,584.00

1.23 0.00

1.23 2,585.23
2,585.23
14913UAX8

CATERPILLAR FINANCIAL
SERVICES CORP 4.8
01/08/2030
01/06/2025
01/08/2025
960,000.00
958,199.96

0.00 0.00
958,231.42
6,784.00

0.00 10,624.00
3,840.00

31.46 0.00

0.00 0.00
1,059,796.88
2,430.93
4,558.00
2,430.93
4,558.00

4.99 0.00

4.99 4,562.99
4,562.99
171239AL0 CHUBB INA HOLDINGS LLC

4.65 08/15/2029
09/26/2024
09/27/2024
1,250,000.00
1,278,006.75

0.00 0.00
1,277,463.10
2,583.33

0.00 7,427.08
4,843.75

0.00 (543.65)
(543.65)
4,300.10
4,300.10
17275RBR2 CISCO SYSTEMS INC 4.85
02/26/2029
02/27/2024
02/29/2024
1,250,000.00
1,250,517.32

0.00 0.00
1,250,506.08
842.01

0.00 5,894.10
5,052.08

0.00 (11.24)
(11.24)
5,040.85
5,040.85
24422EXD6 JOHN DEERE CAPITAL CORP

5.15 09/08/2026
09/05/2023
09/08/2023
505,000.00
504,818.11

0.00 0.00
504,828.25
12,498.05
13,003.75
1,661.59
2,167.29

10.14 0.00

10.14 2,177.43
2,177.43
3130AEB25 FEDERAL HOME LOAN BANKS

3.25 06/09/2028
07/24/2023
07/25/2023
2,000,000.00
1,947,069.78

0.00 0.00
1,948,441.72
14,805.56

0.00 20,222.22
5,416.67
1,371.94

0.00 1,371.94
6,788.60
6,788.60
3130AMBG6 FEDERAL HOME LOAN BANKS

0.75 04/29/2025
05/04/2021
05/04/2021
2,400,000.00
3,400,000.00

0.00 (1,000,000.00)
2,400,000.00
8,641.67
2,666.67
7,600.00
1,625.00

0.00 0.00

0.00 1,625.00
1,625.00
3130ANA42 FEDERAL HOME LOAN BANKS

0.65 04/28/2025
07/28/2021
07/28/2021
4,000,000.00
4,000,000.00

0.00 0.00
4,000,000.00
2,383.33

0.00 4,550.00
2,166.67

0.00 0.00

0.00 2,166.67
2,166.67
3130ANDF4 FEDERAL HOME LOAN BANKS

0.9 07/29/2026
07/29/2021
07/29/2021
5,000,000.00
5,000,000.00

0.00 0.00
5,000,000.00
4,000.00

0.00 7,750.00
3,750.00

0.00 0.00

0.00 3,750.00
3,750.00
3130ATS57 FEDERAL HOME LOAN BANKS

4.5 03/10/2028
03/27/2023
03/28/2023
2,000,000.00
2,036,906.63

0.00 0.00
2,035,871.24
42,750.00
45,000.00
5,250.00
7,500.00

4.75 12/08/2028
01/29/2024
01/30/2024
2,000,000.00
2,047,119.21

0.00 0.00
2,046,059.20
21,902.78

0.00 29,819.44
7,916.67

0.00 (1,060.01)
(1,060.01)
6,856.66
6,856.66
3133EPCF0

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.5
03/02/2026
03/27/2023
03/28/2023
2,000,000.00
2,009,126.06

0.00 0.00
2,008,353.08
44,750.00
45,000.00
7,250.00
7,500.00

0.00 (772.97)
(772.97)
6,727.03
6,727.03
3133EPDJ1

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.375
09/15/2027
03/27/2023
03/28/2023
2,000,000.00
2,025,997.65

0.00 0.00
2,025,129.19
40,347.22
43,750.00
3,888.89
7,291.67

0.00 (868.46)
(868.46)
6,423.21
6,423.21
3133EPQC2

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.625
07/17/2026
07/28/2023
07/31/2023
2,000,000.00
1,999,191.11

0.00 0.00
1,999,240.96
11,305.56

0.00 19,013.89
7,708.33

49.85 0.00

49.85 7,758.19
7,758.19
3133ERDH1

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.75
04/30/2029
04/29/2024
04/30/2024
2,100,000.00
2,103,550.94

0.00 0.00
2,103,478.57
33,527.08

0.00 41,839.58
8,312.50

0.00 (72.37)
(72.37)
8,240.13
8,240.13
3134GW3Z7

FEDERAL HOME LOAN
MORTGAGE CORP 0.6
10/28/2025
10/28/2020
10/28/2020
8,050,000.00
8,500,000.00

0.00 (450,000.00)
8,050,000.00
17,425.00
1,050.00
20,527.50
4,152.50

0.00 0.00

0.00 4,152.50
4,152.50
36271VAD9 GMALT 2025-1 A3 4.66
02/21/2028
02/05/2025
02/12/2025
430,000.00
429,950.04

0.00 0.00
429,951.47
1,057.56
2,115.12
612.27
1,669.83

1.42 0.00

1.42 1,671.26
1,671.26
40139LBJ1 GUARDIAN LIFE GLOBAL
FUNDING 4.179 09/26/2029
11/26/2024
11/27/2024
1,300,000.00
1,273,810.16

0.00 0.00
1,274,296.32
23,390.79
27,163.50
754.54
4,527.25
486.16

0.00 486.16
5,013.41
5,013.41
437076DC3 HOME DEPOT INC 4.75
06/25/2029
06/27/2024
06/28/2024
1,250,000.00
1,246,528.96

0.00 0.00
1,246,597.19
10,885.42

0.00 15,833.33
4,947.92

68.23 0.00

0.00 0.00
329,959.46
519.75
1,559.25
519.75
1,559.25

1.07 0.00

1.07 1,560.32
1,560.32
43813YAC6 HAROT 2024-3 A3 4.57
03/21/2029
08/09/2024
08/21/2024
630,000.00
629,912.39

0.00 0.00
629,914.22
799.75
2,399.25
799.75
2,399.25

1.83 0.00

1.83 2,401.08
2,401.08
43814VAC1 HAROT 2025-1 A3 4.57
09/21/2029
02/04/2025
02/11/2025
795,000.00
794,975.77

0.00 0.00
794,976.22
2,018.42
4,036.83
1,009.21
3,027.62

0.45 0.00

0.45 3,028.07
3,028.07
43815JAC7 HAROT 2023-1 A3 5.04
04/21/2027
02/16/2023
02/24/2023
157,019.74
170,398.60

0.00 (13,395.17)
157,005.32
238.58
715.74
219.83
696.99

1.88 0.00

1.88 698.86
698.86
44934QAD3 HART 2024-B A3 4.84
03/15/2029
07/16/2024
07/24/2024
285,000.00
284,962.57

0.00 0.00
284,963.36
613.07
1,149.50
613.07
1,149.50

0.79 0.00

0.79 1,150.29
1,150.29
44935CAD3 HART 2025-A A3 4.32
10/15/2029
03/04/2025
03/12/2025
635,000.00

0.00 634,906.34

0.00 634,907.46

0.00 0.00
1,447.80
1,447.80

1.12 0.00

1.12 1,448.92
1,448.92
4581X0EK0

INTER-AMERICAN
DEVELOPMENT BANK 4.5
05/15/2026
06/27/2023
07/06/2023
1,720,000.00
1,719,441.82

0.00 0.00
1,719,481.15
22,790.00

0.00 29,240.00
6,450.00

39.33 0.00

39.33 6,489.33
6,489.33
459058KT9

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.5 07/12/2028
07/24/2023
07/26/2023
2,000,000.00
1,958,228.91

0.00 0.00
1,959,282.54
9,527.78

0.00 15,361.11
5,833.33
1,053.62

0.00 1,053.62
6,886.96
6,886.96
459058LR2

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 4.125 03/20/2030
03/14/2025
03/20/2025
635,000.00

0.00 632,733.05

0.00 632,747.95

0.00 0.00
800.36
800.36

14.90 0.00

2.083 04/22/2026
05/31/2022
06/02/2022
1,250,000.00
1,246,893.66

0.00 0.00
1,248,745.52
9,330.10

0.00 11,499.90
2,169.79
1,851.85

0.00 1,851.85
4,021.65
4,021.65
47786WAD2 JDOT 2024-B A3 5.2
03/15/2029
06/11/2024
06/18/2024
510,000.00
509,915.05

0.00 0.00
509,916.83
1,178.67
2,210.00
1,178.67
2,210.00

1.79 0.00

1.79 2,211.79
2,211.79
47800CAC0 JDOT 2023 A3 5.01
11/15/2027
02/22/2023
03/02/2023
342,260.37
359,802.58

0.00 (17,579.94)
342,225.61
801.24
1,502.33
762.10
1,463.19

2.97 0.00

2.97 1,466.15
1,466.15
47800DAD6 JDOT 2025 A3 4.23
09/17/2029
03/04/2025
03/11/2025
500,000.00

0.00 499,968.55

0.00 499,968.95

0.00 0.00
1,352.78
1,352.78

0.40 0.00

0.40 1,353.18
1,353.18
532457CQ9 ELI LILLY AND CO 4.2
08/14/2029
08/12/2024
08/14/2024
705,000.00
703,624.31

0.00 0.00
703,650.52
1,398.25

0.00 3,865.75
2,467.50

26.21 0.00

26.21 2,493.71
2,493.71
57629TBV8 MASSMUTUAL GLOBAL
FUNDING II 4.95 01/10/2030
01/03/2025
01/10/2025
1,000,000.00
999,533.14

0.00 0.00
999,541.29
7,012.50

0.00 11,137.50
4,125.00

8.15 0.00

8.15 4,133.15
4,133.15
58933YBH7 MERCK & CO INC 4.05
05/17/2028
09/26/2024
09/27/2024
1,250,000.00
1,260,368.89

0.00 0.00
1,260,087.67
14,625.00

0.00 18,843.75
4,218.75

0.00 (281.22)
(281.22)
3,937.53
3,937.53
59217GFT1 METROPOLITAN LIFE GLOBAL
FUNDING I 4.9 01/09/2030
01/02/2025
01/09/2025
820,000.00
818,357.98

0.00 0.00
818,386.66
5,803.78

0.00 9,152.11
3,348.33

28.68 0.00

28.68 3,377.01
3,377.01
61747YET8 MORGAN STANLEY 4.679
07/17/2026
12/28/2022
12/30/2022
775,000.00
773,424.69

0.00 0.00
773,778.57
4,432.05

0.00 7,453.91
3,021.85
353.87

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

5.45 10/30/2025
10/20/2022
10/31/2022
495,000.00
494,852.80

0.00 0.00
494,871.58
9,067.44

0.00 11,315.56
2,248.13

18.78 0.00

18.78 2,266.90
2,266.90
64952WFK4 NEW YORK LIFE GLOBAL
FUNDING 4.6 12/05/2029
12/02/2024
12/05/2024
830,000.00
829,549.18

0.00 0.00
829,557.21
9,120.78

0.00 12,302.44
3,181.67

8.03 0.00

8.03 3,189.70
3,189.70
69371RS80 PACCAR FINANCIAL CORP 4.6
01/31/2029
03/27/2024
03/28/2024
1,200,000.00
1,195,699.15

0.00 0.00
1,195,792.25
4,753.33

0.00 9,353.33
4,600.00

93.11 0.00

93.11 4,693.11
4,693.11
713448FL7 PEPSICO INC 3.6 02/18/2028
03/27/2024
03/28/2024
1,500,000.00
1,463,969.58

0.00 0.00
1,464,999.97
1,950.00

0.00 6,450.00
4,500.00
1,030.39

0.00 1,030.39
5,530.39
5,530.39
713448FQ6 PEPSICO INC 4.55 02/13/2026
02/13/2023
02/15/2023
195,000.00
194,963.92

0.00 0.00
194,967.12
443.63

0.00 1,183.00
739.38

3.20 0.00

3.20 742.58
742.58
713448FW3 PEPSICO INC 5.125
11/10/2026
11/08/2023
11/10/2023
380,000.00
379,942.05

0.00 0.00
379,944.96
6,004.79

0.00 7,627.71
1,622.92

2.90 0.00

2.90 1,625.82
1,625.82
78016FZW7 ROYAL BANK OF CANADA 4.9
01/12/2028
03/30/2023
03/31/2023
1,000,000.00
998,796.07

0.00 0.00
998,831.72
6,669.44

0.00 10,752.78
4,083.33

35.65 0.00

35.65 4,118.98
4,118.98
857477CU5 STATE STREET CORP 4.536
02/28/2028
02/25/2025
02/28/2025
1,285,000.00
1,285,000.00

0.00 0.00
1,285,000.00
485.73

0.00 5,343.03
4,857.30

0.00 0.00

0.00 4,857.30
4,857.30
89236THP3 TOYOTA MOTOR CREDIT
CORP 0.8 10/16/2025
11/19/2020
11/19/2020
5,000,000.00
5,003,194.75

0.00 0.00
5,002,762.28
15,000.00

0.00 18,333.33
3,333.33

0.00 0.00
469,907.73
620.14

0.00 2,480.56
1,860.42

8.77 0.00

8.77 1,869.19
1,869.19
9128285M8 UNITED STATES TREASURY

3.125 11/15/2028
12/28/2023
12/29/2023
2,000,000.00
1,950,662.29

0.00 0.00
1,951,791.05
18,301.11

0.00 23,653.31
5,352.21
1,128.76

0.00 1,128.76
6,480.97
6,480.97
91282CCZ2 UNITED STATES TREASURY

0.875 09/30/2026
09/30/2021
09/30/2021
3,000,000.00
2,993,842.33

0.00 0.00
2,994,172.59
10,961.54
13,125.00

71.72 2,235.18
330.26

0.00 330.26
2,565.44
2,565.44
91282CFJ5 UNITED STATES TREASURY

3.125 08/31/2029
10/30/2024
10/31/2024
2,000,000.00
1,920,972.73

0.00 0.00
1,922,462.91
169.84

0.00 5,434.78
5,264.95
1,490.17

0.00 1,490.17
6,755.12
6,755.12
91282CFL0 UNITED STATES TREASURY

3.875 09/30/2029
10/30/2024
10/31/2024
2,200,000.00
2,179,322.72

0.00 0.00
2,179,705.64
35,598.90
42,625.00
232.92
7,259.02
382.91

0.00 382.91
7,641.93
7,641.93
91282CGQ8 UNITED STATES TREASURY 4.0
02/28/2030
03/28/2025
03/28/2025
2,200,000.00

0.00 2,197,507.81

0.00 2,197,513.35

0.00 (6,695.65)
7,652.17
956.52

5.54 0.00

5.54 962.07
962.07
91282CGT2 UNITED STATES TREASURY

3.625 03/31/2028 1,825,000.00
1,822,234.11

0.00 0.00
1,822,310.26
27,625.69
33,078.13
180.75
5,633.20
158.39
(82.24)

76.15 5,709.35
5,709.35
91282CJF9 UNITED STATES TREASURY

4.875 10/31/2028
05/28/2024
05/29/2024

0.00 2,222,090.62

0.00 (2,221,645.51)

0.00 35,848.76
43,848.07

0.00 7,999.31

0.00 (445.11)
(445.11)
7,554.20
7,554.20
91282CKD2 UNITED STATES TREASURY

4.25 02/28/2029
03/27/2024
03/28/2024
2,200,000.00
2,205,373.25

0.00 0.00
2,205,259.16
254.08

0.00 8,130.43
7,876.36

4.125 03/31/2029
05/28/2024
05/29/2024
2,200,000.00
2,167,223.53

0.00 0.00
2,167,904.99
37,895.60
45,375.00
247.95
7,727.35
681.47

0.00 681.47
8,408.82
8,408.82
91282CKP5 UNITED STATES TREASURY

4.625 04/30/2029 2,000,000.00
2,037,523.87

0.00 0.00
2,036,759.08
30,918.51

0.00 38,839.78
7,921.27

0.00 (764.79)
(764.79)
7,156.48
7,156.48
91282CKT7 UNITED STATES TREASURY 4.5
05/31/2029
06/13/2024
06/14/2024
2,200,000.00
2,221,051.47

0.00 0.00
2,220,630.98
24,750.00

0.00 33,181.32
8,431.32

0.00 (420.49)
(420.49)
8,010.83
8,010.83
91282CLC3 UNITED STATES TREASURY 4.0
07/31/2029
09/26/2024
09/27/2024
2,000,000.00
2,035,138.97

0.00 0.00
2,034,463.64
6,408.84

0.00 13,259.67
6,850.83

0.00 (675.33)
(675.33)
6,175.50
6,175.50
91282CMA6 UNITED STATES TREASURY

4.125 11/30/2029
12/27/2024
12/30/2024
2,400,000.00
2,367,215.17

0.00 0.00
2,367,800.95
24,750.00

0.00 33,181.32
8,431.32
585.78

0.00 585.78
9,017.10
9,017.10
91324PEU2 UNITEDHEALTH GROUP INC

4.25 01/15/2029
05/28/2024
05/29/2024
1,000,000.00
972,533.62

0.00 0.00
973,134.93
5,430.56

0.00 8,972.22
3,541.67
601.31

0.00 601.31
4,142.98
4,142.98
92970QAE5 WFCIT 2024-2 A 4.29
10/15/2029
10/17/2024
10/24/2024
560,000.00
559,922.64

0.00 0.00
559,924.06
1,067.73
2,002.00
1,067.73
2,002.00

1.42 0.00

1.42 2,003.42
2,003.42
Total Fixed Income 104,503,628.43
104,047,572.24
3,965,115.75
(3,716,876.89)
104,301,834.91
732,601.69
409,358.47
607,578.05
284,334.83
13,603.64
(7,579.83)
6,023.81
290,358.64 290,358.64
LAIF
90LAIF$00 Local Agency Investment
Fund State Pool 34,989,857.74
34,989,857.74

0.00 0.00
34,989,857.74

0.00 0.00

0.00 0.00
34,989,857.74

0.00 0.00

0.00 0.00 0.00
TOTAL PORTFOLIO 152,986,216.40
160,238,407.19
6,221,118.01
(13,809,276.70)
152,784,422.88
732,601.69
410,807.78
607,578.05
285,784.14
13,603.64
(7,579.83)
6,023.81
291,807.95 291,807.95
CONFIDENTIAL | 26
City of Orange Cons | Account #10897 | As of March 31, 2025 Execution Time: 04/10/2025 10:59:35 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount APRIL 2025
04/01/2025 Dividend 0.00 128,216.26 128,216.26
04/01/2025 Dividend 31846V203 0.00 FIRST AMER:GVT OBLG Y 1,383.62 1,383.62 04/15/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 04/15/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 04/15/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 05/15/2029 2,074.71 2,074.71 04/15/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 04/15/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 04/15/2025 Coupon 44935CAD3 635,000.00 HART 2025-A A3 4.32 10/15/2029 2,788.18 2,788.18 04/15/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 04/15/2025 Coupon 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 1,455.87 1,455.87 04/15/2025 Principal Paydown 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 23,178.18 23,178.18 04/15/2025 Coupon 47800DAD6 500,000.00 JDOT 2025 A3 4.23 09/17/2029 1,997.50 1,997.50 04/15/2025 Dividend 90LAIF$00 34,989,857.74 Local Agency Investment Fund State Pool 215,266.57 215,266.57 04/15/2025 Coupon 92970QAE5 560,000.00 WFCIT 2024-2 A 4.29 10/15/2029 2,002.00 2,002.00 04/16/2025 Coupon 89236THP3 5,000,000.00 TOYOTA MOTOR CREDIT CORP 0.8 10/16/2025 20,000.00 20,000.00 04/21/2025 Coupon 36271VAD9 430,000.00 GMALT 2025-1 A3 4.66 02/21/2028 1,669.83 1,669.83 04/21/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 04/21/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 04/21/2025 Coupon 43814VAC1 795,000.00 HAROT 2025-1 A3 4.57 09/21/2029 3,027.63 3,027.63 04/21/2025 Coupon 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 673.89 673.89 04/21/2025 Principal Paydown 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 13,482.41 13,482.41 04/22/2025 Coupon 46647PBK1 1,250,000.00 JPMORGAN CHASE & CO 2.083 04/22/2026 13,018.75 13,018.75 04/22/2025 Effective Maturity 46647PBK1 1,250,000.00 JPMORGAN CHASE & CO 2.083 04/22/2026 1,250,000.00 1,250,000.00 04/25/2025 Coupon 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 817.53 817.53 04/25/2025 Principal Paydown 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 11,572.04 11,572.04 04/25/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 04/25/2025 Coupon 096924AD7 680,000.00 BMWOT 2025-A A3 4.56 09/25/2029 2,584.00 2,584.00 04/28/2025 Coupon 3130ANA42 4,000,000.00 FEDERAL HOME LOAN BANKS 0.65 04/28/2025 6,500.00 6,500.00 04/28/2025 Final Maturity 3130ANA42 4,000,000.00 FEDERAL HOME LOAN BANKS 0.65 04/28/2025 4,000,000.00 4,000,000.00 04/28/2025 Coupon 3134GW3Z7 8,050,000.00 FEDERAL HOME LOAN MORTGAGE CORP 0.6 10/28/2025 24,150.00 24,150.00
CONFIDENTIAL | 27
City of Orange Cons | Account #10897 | As of March 31, 2025 Execution Time: 04/10/2025 10:59:35 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 04/29/2025 Coupon 3130AMBG6 2,400,000.00 FEDERAL HOME LOAN BANKS 0.75 04/29/2025 9,000.00 9,000.00 04/29/2025 Final Maturity 3130AMBG6 2,400,000.00 FEDERAL HOME LOAN BANKS 0.75 04/29/2025 2,400,000.00 2,400,000.00 04/30/2025 Coupon 3133ERDH1 2,100,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.75 04/30/2029 49,875.00 49,875.00
04/30/2025 Coupon 63743HFF4 495,000.00 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 5.45 10/30/2025 13,488.75 13,488.75
04/30/2025 Coupon 91282CKP5 2,000,000.00 UNITED STATES TREASURY 4.625 04/30/2029 46,250.00 46,250.00 April 2025 Total 8,043,099.08 221,210.60 8,264,309.68
MAY 2025
05/12/2025 Coupon 713448FW3 380,000.00 PEPSICO INC 5.125 11/10/2026 9,737.50 9,737.50 05/15/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 05/15/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 05/15/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 05/15/2029 2,074.71 2,074.71 05/15/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 05/15/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 05/15/2025 Coupon 44935CAD3 635,000.00 HART 2025-A A3 4.32 10/15/2029 2,534.71 2,534.71 05/15/2025 Coupon 4581X0EK0 1,720,000.00 INTER-AMERICAN DEVELOPMENT BANK 4.5 05/15/2026 38,700.00 38,700.00
05/15/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 05/15/2025 Coupon 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 1,359.10 1,359.10 05/15/2025 Principal Paydown 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 22,658.61 22,658.61 05/15/2025 Coupon 47800DAD6 500,000.00 JDOT 2025 A3 4.23 09/17/2029 1,762.50 1,762.50 05/15/2025 Coupon 9128285M8 2,000,000.00 UNITED STATES TREASURY 3.125 11/15/2028 31,250.00 31,250.00 05/15/2025 Coupon 92970QAE5 560,000.00 WFCIT 2024-2 A 4.29 10/15/2029 2,002.00 2,002.00 05/19/2025 Coupon 58933YBH7 1,250,000.00 MERCK & CO INC 4.05 05/17/2028 25,312.50 25,312.50 05/20/2025 Coupon 36271VAD9 430,000.00 GMALT 2025-1 A3 4.66 02/21/2028 1,669.83 1,669.83 05/21/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 05/21/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 05/21/2025 Coupon 43814VAC1 795,000.00 HAROT 2025-1 A3 4.57 09/21/2029 3,027.63 3,027.63 05/21/2025 Coupon 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 617.26 617.26 05/21/2025 Principal Paydown 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 12,925.14 12,925.14 05/26/2025 Coupon 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 764.78 764.78 CONFIDENTIAL | 28
City of Orange Cons | Account #10897 | As of March 31, 2025 Execution Time: 04/10/2025 10:59:35 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 05/26/2025 Principal Paydown 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 11,005.39 11,005.39 05/26/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 05/26/2025 Coupon 096924AD7 680,000.00 BMWOT 2025-A A3 4.56 09/25/2029 2,584.00 2,584.00 May 2025 Total 46,589.14 143,233.48 189,822.62
JUNE 2025
06/02/2025 Coupon 91282CKT7 2,200,000.00 UNITED STATES TREASURY 4.5 05/31/2029 49,500.00 49,500.00 06/02/2025 Coupon 91282CMA6 2,400,000.00 UNITED STATES TREASURY 4.125 11/30/2029 49,500.00 49,500.00 06/05/2025 Coupon 64952WFK4 830,000.00 NEW YORK LIFE GLOBAL FUNDING 4.6 12/05/2029 19,090.00 19,090.00
06/09/2025 Coupon 3130AEB25 2,000,000.00 FEDERAL HOME LOAN BANKS 3.25 06/09/2028 32,500.00 32,500.00 06/09/2025 Coupon 3130AXQK7 2,000,000.00 FEDERAL HOME LOAN BANKS 4.75 12/08/2028 47,500.00 47,500.00 06/16/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 06/16/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 06/16/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 05/15/2029 2,074.71 2,074.71 06/16/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 06/16/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 06/16/2025 Coupon 44935CAD3 635,000.00 HART 2025-A A3 4.32 10/15/2029 2,534.71 2,534.71 06/16/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 06/16/2025 Coupon 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 1,264.50 1,264.50 06/16/2025 Principal Paydown 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 20,391.67 20,391.67 06/16/2025 Coupon 47800DAD6 500,000.00 JDOT 2025 A3 4.23 09/17/2029 1,762.50 1,762.50 06/16/2025 Coupon 92970QAE5 560,000.00 WFCIT 2024-2 A 4.29 10/15/2029 2,002.00 2,002.00 06/20/2025 Coupon 36271VAD9 430,000.00 GMALT 2025-1 A3 4.66 02/21/2028 1,669.83 1,669.83 06/23/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 06/23/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 06/23/2025 Coupon 43814VAC1 795,000.00 HAROT 2025-1 A3 4.57 09/21/2029 3,027.63 3,027.63 06/23/2025 Coupon 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 562.98 562.98 06/23/2025 Principal Paydown 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 12,640.49 12,640.49 06/25/2025 Coupon 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 714.61 714.61 06/25/2025 Principal Paydown 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 10,796.27 10,796.27 06/25/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 06/25/2025 Coupon 096924AD7 680,000.00 BMWOT 2025-A A3 4.56 09/25/2029 2,584.00 2,584.00 CONFIDENTIAL | 29
City of Orange Cons | Account #10897 | As of March 31, 2025 Execution Time: 04/10/2025 10:59:35 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 06/25/2025 Coupon 437076DC3 1,250,000.00 HOME DEPOT INC 4.75 06/25/2029 29,687.50 29,687.50 June 2025 Total 43,828.43 265,811.93 309,640.35
JULY 2025
07/08/2025 Coupon 14913UAX8 960,000.00 CATERPILLAR FINANCIAL SERVICES CORP 4.8 01/08/2030 23,040.00 23,040.00
07/09/2025 Coupon 59217GFT1 820,000.00 METROPOLITAN LIFE GLOBAL FUNDING I 4.9 01/09/2030 20,090.00 20,090.00
07/10/2025 Coupon 57629TBV8 1,000,000.00 MASSMUTUAL GLOBAL FUNDING II 4.95 01/10/2030 24,750.00 24,750.00
07/14/2025 Coupon 459058KT9 2,000,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 3.5 07/12/2028 35,000.00 35,000.00
07/14/2025 Coupon 78016FZW7 1,000,000.00 ROYAL BANK OF CANADA 4.9 01/12/2028 24,500.00 24,500.00 07/15/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 07/15/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 07/15/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 05/15/2029 2,074.71 2,074.71 07/15/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 07/15/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 07/15/2025 Coupon 44935CAD3 635,000.00 HART 2025-A A3 4.32 10/15/2029 2,534.71 2,534.71 07/15/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 07/15/2025 Coupon 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 1,179.37 1,179.37 07/15/2025 Principal Paydown 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 20,951.82 20,951.82 07/15/2025 Coupon 47800DAD6 500,000.00 JDOT 2025 A3 4.23 09/17/2029 1,762.50 1,762.50 07/15/2025 Coupon 91324PEU2 1,000,000.00 UNITEDHEALTH GROUP INC 4.25 01/15/2029 21,250.00 21,250.00 07/15/2025 Coupon 92970QAE5 560,000.00 WFCIT 2024-2 A 4.29 10/15/2029 2,002.00 2,002.00 07/17/2025 Coupon 3133EPQC2 2,000,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.625 07/17/2026 46,250.00 46,250.00
07/17/2025 Coupon 61747YET8 775,000.00 MORGAN STANLEY 4.679 07/17/2026 18,131.13 18,131.13 07/17/2025 Effective Maturity 61747YET8 775,000.00 MORGAN STANLEY 4.679 07/17/2026 775,000.00 775,000.00 07/21/2025 Coupon 06051GGF0 1,250,000.00 BANK OF AMERICA CORP 3.824 01/20/2028 23,900.00 23,900.00 07/21/2025 Coupon 36271VAD9 430,000.00 GMALT 2025-1 A3 4.66 02/21/2028 1,669.83 1,669.83 07/21/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 07/21/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 07/21/2025 Coupon 43814VAC1 795,000.00 HAROT 2025-1 A3 4.57 09/21/2029 3,027.63 3,027.63 CONFIDENTIAL | 30
City of Orange Cons | Account #10897 | As of March 31, 2025 Execution Time: 04/10/2025 10:59:35 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 07/21/2025 Coupon 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 509.89 509.89 07/21/2025 Principal Paydown 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 12,340.95 12,340.95 07/25/2025 Coupon 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 665.40 665.40 07/25/2025 Principal Paydown 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 10,578.39 10,578.39 07/25/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 07/25/2025 Coupon 096924AD7 680,000.00 BMWOT 2025-A A3 4.56 09/25/2029 2,584.00 2,584.00 07/29/2025 Coupon 3130ANDF4 5,000,000.00 FEDERAL HOME LOAN BANKS 0.9 07/29/2026 22,500.00 22,500.00 07/31/2025 Coupon 69371RS80 1,200,000.00 PACCAR FINANCIAL CORP 4.6 01/31/2029 27,600.00 27,600.00 07/31/2025 Coupon 91282CLC3 2,000,000.00 UNITED STATES TREASURY 4.0 07/31/2029 40,000.00 40,000.00 July 2025 Total 818,871.17 364,858.12 1,183,729.29
AUGUST 2025
08/08/2025 Coupon 037833EB2 3,000,000.00 APPLE INC 0.7 02/08/2026 10,500.00 10,500.00 08/13/2025 Coupon 713448FQ6 195,000.00 PEPSICO INC 4.55 02/13/2026 4,436.25 4,436.25 08/14/2025 Coupon 532457CQ9 705,000.00 ELI LILLY AND CO 4.2 08/14/2029 14,805.00 14,805.00 08/15/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 08/15/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 08/15/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 05/15/2029 2,074.71 2,074.71 08/15/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 08/15/2025 Coupon 171239AL0 1,250,000.00 CHUBB INA HOLDINGS LLC 4.65 08/15/2029 29,062.50 29,062.50 08/15/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 08/15/2025 Coupon 44935CAD3 635,000.00 HART 2025-A A3 4.32 10/15/2029 2,534.71 2,534.71 08/15/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 08/15/2025 Coupon 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 1,091.89 1,091.89 08/15/2025 Principal Paydown 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 19,256.61 19,256.61 08/15/2025 Coupon 47800DAD6 500,000.00 JDOT 2025 A3 4.23 09/17/2029 1,762.50 1,762.50 08/15/2025 Coupon 92970QAE5 560,000.00 WFCIT 2024-2 A 4.29 10/15/2029 2,002.00 2,002.00 08/18/2025 Coupon 713448FL7 1,500,000.00 PEPSICO INC 3.6 02/18/2028 27,000.00 27,000.00 08/20/2025 Coupon 36271VAD9 430,000.00 GMALT 2025-1 A3 4.66 02/21/2028 1,669.83 1,669.83 08/21/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 08/21/2025 Principal Paydown 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 13,014.84 13,014.84 08/21/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 08/21/2025 Coupon 43814VAC1 795,000.00 HAROT 2025-1 A3 4.57 09/21/2029 3,027.63 3,027.63 CONFIDENTIAL | 31
City of Orange Cons | Account #10897 | As of March 31, 2025 Execution Time: 04/10/2025 10:59:35 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 08/21/2025 Coupon 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 458.06 458.06 08/21/2025 Principal Paydown 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 11,964.25 11,964.25 08/21/2025 Coupon 907818GE2 470,000.00 UNION PACIFIC CORP 4.75 02/21/2026 11,162.50 11,162.50 08/25/2025 Coupon 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 617.18 617.18 08/25/2025 Principal Paydown 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 10,261.86 10,261.86 08/25/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 08/25/2025 Coupon 096924AD7 680,000.00 BMWOT 2025-A A3 4.56 09/25/2029 2,584.00 2,584.00 08/26/2025 Coupon 17275RBR2 1,250,000.00 CISCO SYSTEMS INC 4.85 02/26/2029 30,312.50 30,312.50 08/28/2025 Coupon 857477CU5 1,285,000.00 STATE STREET CORP 4.536 02/28/2028 29,143.80 29,143.80 August 2025 Total 54,497.55 194,082.01 248,579.57
SEPTEMBER 2025
09/02/2025 Coupon 3133EPCF0 2,000,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.5 03/02/2026 45,000.00 45,000.00
09/02/2025 Coupon 91282CFJ5 2,000,000.00 UNITED STATES TREASURY 3.125 08/31/2029 31,250.00 31,250.00 09/02/2025 Coupon 91282CGQ8 2,200,000.00 UNITED STATES TREASURY 4.0 02/28/2030 44,000.00 44,000.00 09/02/2025 Coupon 91282CKD2 2,200,000.00 UNITED STATES TREASURY 4.25 02/28/2029 46,750.00 46,750.00 09/08/2025 Coupon 24422EXD6 505,000.00 JOHN DEERE CAPITAL CORP 5.15 09/08/2026 13,003.75 13,003.75 09/10/2025 Coupon 3130ATS57 2,000,000.00 FEDERAL HOME LOAN BANKS 4.5 03/10/2028 45,000.00 45,000.00 09/15/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 09/15/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 09/15/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 05/15/2029 2,074.71 2,074.71 09/15/2025 Coupon 06368LAQ9 1,000,000.00 BANK OF MONTREAL 4.7 09/14/2027 23,500.00 23,500.00 09/15/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 09/15/2025 Coupon 3133EPDJ1 2,000,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 09/22/2025 Coupon 36271VAD9 430,000.00 GMALT 2025-1 A3 4.66 02/21/2028 1,669.83 1,669.83 09/22/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,497.75 1,497.75 09/22/2025 Principal Paydown 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 19,184.50 19,184.50 09/22/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 09/22/2025 Coupon 43814VAC1 795,000.00 HAROT 2025-1 A3 4.57 09/21/2029 3,027.63 3,027.63 09/22/2025 Coupon 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 407.81 407.81 09/22/2025 Principal Paydown 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 11,677.85 11,677.85 09/22/2025 Coupon 459058LR2 635,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 4.125 03/20/2030 13,096.88 13,096.88
09/25/2025 Coupon 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 570.40 570.40 09/25/2025 Principal Paydown 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 10,050.88 10,050.88 09/25/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 09/25/2025 Coupon 096924AD7 680,000.00 BMWOT 2025-A A3 4.56 09/25/2029 2,584.00 2,584.00 09/26/2025 Coupon 40139LBJ1 1,300,000.00 GUARDIAN LIFE GLOBAL FUNDING 4.179 09/26/2029 27,163.50 27,163.50
09/30/2025 Coupon 91282CCZ2 3,000,000.00 UNITED STATES TREASURY 0.875 09/30/2026 13,125.00 13,125.00 09/30/2025 Coupon 91282CFL0 2,200,000.00 UNITED STATES TREASURY 3.875 09/30/2029 42,625.00 42,625.00 09/30/2025 Coupon 91282CGT2 1,825,000.00 UNITED STATES TREASURY 3.625 03/31/2028 33,078.13 33,078.13 09/30/2025 Coupon 91282CKG5 2,200,000.00 UNITED STATES TREASURY 4.125 03/31/2029 45,375.00 45,375.00 September 2025
Total 60,538.11 504,137.80 564,675.91
OCTOBER 2025
10/15/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 10/15/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 10/15/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 05/15/2029 2,074.71 2,074.71 10/15/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 10/15/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 10/15/2025 Coupon 44935CAD3 635,000.00 HART 2025-A A3 4.32 10/15/2029 2,534.71 2,534.71 10/15/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 10/15/2025 Coupon 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 929.56 929.56 10/15/2025 Principal Paydown 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 23,332.67 23,332.67 10/15/2025 Coupon 47800DAD6 500,000.00 JDOT 2025 A3 4.23 09/17/2029 1,762.50 1,762.50 CONFIDENTIAL | 33
City of Orange Cons | Account #10897 | As of March 31, 2025 Execution Time: 04/10/2025 10:59:35 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 10/15/2025 Coupon 92970QAE5 560,000.00 WFCIT 2024-2 A 4.29 10/15/2029 2,002.00 2,002.00 10/16/2025 Coupon 89236THP3 5,000,000.00 TOYOTA MOTOR CREDIT CORP 0.8 10/16/2025 20,000.00 20,000.00 10/16/2025 Final Maturity 89236THP3 5,000,000.00 TOYOTA MOTOR CREDIT CORP 0.8 10/16/2025 5,000,000.00 5,000,000.00 10/20/2025 Coupon 36271VAD9 430,000.00 GMALT 2025-1 A3 4.66 02/21/2028 1,669.83 1,669.83 10/21/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,407.11 1,407.11 10/21/2025 Principal Paydown 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 18,417.17 18,417.17 10/21/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 10/21/2025 Coupon 43814VAC1 795,000.00 HAROT 2025-1 A3 4.57 09/21/2029 3,027.63 3,027.63 10/21/2025 Coupon 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 358.76 358.76 10/21/2025 Principal Paydown 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 11,244.65 11,244.65 10/27/2025 Coupon 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 524.59 524.59 10/27/2025 Principal Paydown 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 9,671.57 9,671.57 10/27/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 10/27/2025 Coupon 096924AD7 680,000.00 BMWOT 2025-A A3 4.56 09/25/2029 2,584.00 2,584.00 10/28/2025 Coupon 3134GW3Z7 8,050,000.00 FEDERAL HOME LOAN MORTGAGE CORP 0.6 10/28/2025 24,150.00 24,150.00
10/28/2025 Final Maturity 3134GW3Z7 8,050,000.00 FEDERAL HOME LOAN MORTGAGE CORP 0.6 10/28/2025 8,050,000.00 8,050,000.00
10/30/2025 Coupon 3133ERDH1 2,100,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.75 04/30/2029 49,875.00 49,875.00
10/30/2025 Coupon 63743HFF4 495,000.00 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 5.45 10/30/2025 13,488.75 13,488.75
10/30/2025 Final Maturity 63743HFF4 495,000.00 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 5.45 10/30/2025 495,000.00 495,000.00
10/31/2025 Coupon 91282CKP5 2,000,000.00 UNITED STATES TREASURY 4.625 04/30/2029 46,250.00 46,250.00 October 2025 Total 13,607,666.05 190,916.85 13,798,582.90 NOVEMBER 2025
11/10/2025 Coupon 713448FW3 380,000.00 PEPSICO INC 5.125 11/10/2026 9,737.50 9,737.50 11/17/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 11/17/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 11/17/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 05/15/2029 2,074.71 2,074.71 11/17/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 11/17/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 CONFIDENTIAL | 34
City of Orange Cons | Account #10897 | As of March 31, 2025 Execution Time: 04/10/2025 10:59:35 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 11/17/2025 Coupon 44935CAD3 635,000.00 HART 2025-A A3 4.32 10/15/2029 2,534.71 2,534.71 11/17/2025 Coupon 4581X0EK0 1,720,000.00 INTER-AMERICAN DEVELOPMENT BANK 4.5 05/15/2026 38,700.00 38,700.00
11/17/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 11/17/2025 Coupon 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 832.15 832.15 11/17/2025 Principal Paydown 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 27,281.69 27,281.69 11/17/2025 Coupon 47800DAD6 500,000.00 JDOT 2025 A3 4.23 09/17/2029 1,762.50 1,762.50 11/17/2025 Coupon 58933YBH7 1,250,000.00 MERCK & CO INC 4.05 05/17/2028 25,312.50 25,312.50 11/17/2025 Coupon 9128285M8 2,000,000.00 UNITED STATES TREASURY 3.125 11/15/2028 31,250.00 31,250.00 11/17/2025 Coupon 92970QAE5 560,000.00 WFCIT 2024-2 A 4.29 10/15/2029 2,002.00 2,002.00 11/20/2025 Coupon 36271VAD9 430,000.00 GMALT 2025-1 A3 4.66 02/21/2028 1,669.83 1,669.83 11/21/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,320.09 1,320.09 11/21/2025 Principal Paydown 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 17,970.16 17,970.16 11/21/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 11/21/2025 Coupon 43814VAC1 795,000.00 HAROT 2025-1 A3 4.57 09/21/2029 3,027.63 3,027.63 11/21/2025 Coupon 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 311.53 311.53 11/21/2025 Principal Paydown 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 9,882.75 9,882.75 11/25/2025 Coupon 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 480.50 480.50 11/25/2025 Principal Paydown 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 8,914.13 8,914.13 11/25/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 11/25/2025 Coupon 096924AD7 680,000.00 BMWOT 2025-A A3 4.56 09/25/2029 2,584.00 2,584.00 November 2025
Total 64,048.74 141,877.35 205,926.09
DECEMBER 2025
12/01/2025 Coupon 91282CKT7 2,200,000.00 UNITED STATES TREASURY 4.5 05/31/2029 49,500.00 49,500.00 12/01/2025 Coupon 91282CMA6 2,400,000.00 UNITED STATES TREASURY 4.125 11/30/2029 49,500.00 49,500.00 12/05/2025 Coupon 64952WFK4 830,000.00 NEW YORK LIFE GLOBAL FUNDING 4.6 12/05/2029 19,090.00 19,090.00
12/08/2025 Coupon 3130AXQK7 2,000,000.00 FEDERAL HOME LOAN BANKS 4.75 12/08/2028 47,500.00 47,500.00 12/09/2025 Coupon 3130AEB25 2,000,000.00 FEDERAL HOME LOAN BANKS 3.25 06/09/2028 32,500.00 32,500.00 12/15/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 12/15/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 CONFIDENTIAL | 35
City of Orange Cons | Account #10897 | As of March 31, 2025 Execution Time: 04/10/2025 10:59:35 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 12/15/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 05/15/2029 2,074.71 2,074.71 12/15/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 12/15/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 12/15/2025 Coupon 44935CAD3 635,000.00 HART 2025-A A3 4.32 10/15/2029 2,534.71 2,534.71 12/15/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 12/15/2025 Coupon 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 718.25 718.25 12/15/2025 Principal Paydown 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 18,241.92 18,241.92 12/15/2025 Coupon 47800DAD6 500,000.00 JDOT 2025 A3 4.23 09/17/2029 1,762.50 1,762.50 12/15/2025 Coupon 92970QAE5 560,000.00 WFCIT 2024-2 A 4.29 10/15/2029 2,002.00 2,002.00 12/22/2025 Coupon 36271VAD9 430,000.00 GMALT 2025-1 A3 4.66 02/21/2028 1,669.83 1,669.83 12/22/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,235.18 1,235.18 12/22/2025 Principal Paydown 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 17,065.53 17,065.53 12/22/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 12/22/2025 Coupon 43814VAC1 795,000.00 HAROT 2025-1 A3 4.57 09/21/2029 3,027.63 3,027.63 12/22/2025 Coupon 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 270.02 270.02 12/22/2025 Principal Paydown 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 9,435.88 9,435.88 12/25/2025 Coupon 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 439.87 439.87 12/25/2025 Principal Paydown 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 8,294.39 8,294.39 12/25/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 12/25/2025 Coupon 096924AD7 680,000.00 BMWOT 2025-A A3 4.56 09/25/2029 2,584.00 2,584.00 12/26/2025 Coupon 437076DC3 1,250,000.00 HOME DEPOT INC 4.75 06/25/2029 29,687.50 29,687.50 December 2025
Total 53,037.73 264,373.90 317,411.63
JANUARY 2026
01/08/2026 Coupon 14913UAX8 960,000.00 CATERPILLAR FINANCIAL SERVICES CORP 4.8 01/08/2030 23,040.00 23,040.00
01/09/2026 Coupon 59217GFT1 820,000.00 METROPOLITAN LIFE GLOBAL FUNDING I 4.9 01/09/2030 20,090.00 20,090.00
01/12/2026 Coupon 459058KT9 2,000,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 3.5 07/12/2028 35,000.00 35,000.00
01/12/2026 Coupon 57629TBV8 1,000,000.00 MASSMUTUAL GLOBAL FUNDING II 4.95 01/10/2030 24,750.00 24,750.00
01/12/2026 Coupon 78016FZW7 1,000,000.00 ROYAL BANK OF CANADA 4.9 01/12/2028 24,500.00 24,500.00 CONFIDENTIAL | 36
City of Orange Cons | Account #10897 | As of March 31, 2025 Execution Time: 04/10/2025 10:59:35 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 01/15/2026 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 01/15/2026 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 01/15/2026 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 05/15/2029 2,074.71 2,074.71 01/15/2026 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 01/15/2026 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 01/15/2026 Coupon 44935CAD3 635,000.00 HART 2025-A A3 4.32 10/15/2029 2,534.71 2,534.71 01/15/2026 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 01/15/2026 Coupon 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 642.09 642.09 01/15/2026 Principal Paydown 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 20,711.91 20,711.91 01/15/2026 Coupon 47800DAD6 500,000.00 JDOT 2025 A3 4.23 09/17/2029 1,762.50 1,762.50 01/15/2026 Coupon 91324PEU2 1,000,000.00 UNITEDHEALTH GROUP INC 4.25 01/15/2029 21,250.00 21,250.00 01/15/2026 Coupon 92970QAE5 560,000.00 WFCIT 2024-2 A 4.29 10/15/2029 2,002.00 2,002.00 01/20/2026 Coupon 06051GGF0 1,250,000.00 BANK OF AMERICA CORP 3.824 01/20/2028 23,900.00 23,900.00 01/20/2026 Coupon 3133EPQC2 2,000,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.625 07/17/2026 46,250.00 46,250.00
01/20/2026 Coupon 36271VAD9 430,000.00 GMALT 2025-1 A3 4.66 02/21/2028 1,669.83 1,669.83 01/21/2026 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,154.54 1,154.54 01/21/2026 Principal Paydown 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 16,716.75 16,716.75 01/21/2026 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 01/21/2026 Coupon 43814VAC1 795,000.00 HAROT 2025-1 A3 4.57 09/21/2029 3,027.63 3,027.63 01/21/2026 Coupon 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 230.39 230.39 01/21/2026 Principal Paydown 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 9,229.26 9,229.26 01/26/2026 Coupon 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 402.06 402.06 01/26/2026 Principal Paydown 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 7,799.42 7,799.42 01/26/2026 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 01/26/2026 Coupon 096924AD7 680,000.00 BMWOT 2025-A A3 4.56 09/25/2029 2,584.00 2,584.00 01/29/2026 Coupon 3130ANDF4 5,000,000.00 FEDERAL HOME LOAN BANKS 0.9 07/29/2026 22,500.00 22,500.00 January 2026 Total 54,457.34 277,642.17 332,099.51
FEBRUARY 2026
02/02/2026 Coupon 69371RS80 1,200,000.00 PACCAR FINANCIAL CORP 4.6 01/31/2029 27,600.00 27,600.00 02/02/2026 Coupon 91282CLC3 2,000,000.00 UNITED STATES TREASURY 4.0 07/31/2029 40,000.00 40,000.00 02/09/2026 Coupon 037833EB2 3,000,000.00 APPLE INC 0.7 02/08/2026 10,500.00 10,500.00 CONFIDENTIAL | 37
City of Orange Cons | Account #10897 | As of March 31, 2025 Execution Time: 04/10/2025 10:59:35 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 02/09/2026 Final Maturity 037833EB2 3,000,000.00 APPLE INC 0.7 02/08/2026 3,000,000.00 3,000,000.00 02/13/2026 Coupon 713448FQ6 195,000.00 PEPSICO INC 4.55 02/13/2026 4,436.25 4,436.25 02/13/2026 Final Maturity 713448FQ6 195,000.00 PEPSICO INC 4.55 02/13/2026 195,000.00 195,000.00 02/16/2026 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 05/15/2029 2,074.71 2,074.71 02/16/2026 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 02/16/2026 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 02/16/2026 Coupon 44935CAD3 635,000.00 HART 2025-A A3 4.32 10/15/2029 2,534.71 2,534.71 02/16/2026 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 02/16/2026 Coupon 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 555.62 555.62 02/16/2026 Principal Paydown 47800CAC0 342,260.37 JDOT 2023 A3 5.01 11/15/2027 13,704.07 13,704.07 02/16/2026 Coupon 47800DAD6 500,000.00 JDOT 2025 A3 4.23 09/17/2029 1,762.50 1,762.50 02/17/2026 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 02/17/2026 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 02/17/2026 Coupon 171239AL0 1,250,000.00 CHUBB INA HOLDINGS LLC 4.65 08/15/2029 29,062.50 29,062.50 02/17/2026 Coupon 532457CQ9 705,000.00 ELI LILLY AND CO 4.2 08/14/2029 14,805.00 14,805.00 02/17/2026 Coupon 92970QAE5 560,000.00 WFCIT 2024-2 A 4.29 10/15/2029 2,002.00 2,002.00 02/18/2026 Coupon 713448FL7 1,500,000.00 PEPSICO INC 3.6 02/18/2028 27,000.00 27,000.00 02/20/2026 Coupon 36271VAD9 430,000.00 GMALT 2025-1 A3 4.66 02/21/2028 1,669.83 1,669.83 02/23/2026 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,075.56 1,075.56 02/23/2026 Principal Paydown 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 16,449.95 16,449.95 02/23/2026 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 02/23/2026 Coupon 43814VAC1 795,000.00 HAROT 2025-1 A3 4.57 09/21/2029 3,027.63 3,027.63 02/23/2026 Coupon 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 191.63 191.63 02/23/2026 Principal Paydown 43815JAC7 157,019.74 HAROT 2023-1 A3 5.04 04/21/2027 9,056.71 9,056.71 02/23/2026 Coupon 907818GE2 470,000.00 UNION PACIFIC CORP 4.75 02/21/2026 11,162.50 11,162.50 02/23/2026 Final Maturity 907818GE2 470,000.00 UNION PACIFIC CORP 4.75 02/21/2026 470,000.00 470,000.00 02/25/2026 Coupon 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 366.51 366.51 02/25/2026 Principal Paydown 05592XAD2 179,348.33 BMWOT 2023-A A3 5.47 02/25/2028 7,695.75 7,695.75 02/25/2026 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 02/25/2026 Principal Paydown 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 21,642.03 21,642.03 02/25/2026 Coupon 096924AD7 680,000.00 BMWOT 2025-A A3 4.56 09/25/2029 2,584.00 2,584.00 02/26/2026 Coupon 17275RBR2 1,250,000.00 CISCO SYSTEMS INC 4.85 02/26/2029 30,312.50 30,312.50 CONFIDENTIAL | 38
City of Orange Cons | Account #10897 | As of March 31, 2025 Execution Time: 04/10/2025 10:59:35 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount February 2026
Total 3,733,548.51 231,001.15 3,964,549.65
Grand Total 330,164,683.30 26,580,181.85 2,799,145.36 29,379,327.21 CONFIDENTIAL | 39
City of Orange Cons | Account #10897 | As of March 31, 2025 Execution Time: 04/10/2025 10:59:35 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

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

Ratings: Ratings information have been provided by Moody’s, 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.

Orange City CouncilMay 13, 2025

Orange City Council
May 13, 2025