Chandler Monthly Investment Report June 2025 — Orange City Council, August 12, 2025

MONTHLY ACCOUNT STATEMENT
City of Orange | Account #10888 | As of June 30, 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
Performance Review
Account Summary
Maturity Distribution
Top Issuers
Credit Quality (S&P)
Total Rate of Return** 1M 3M YTD 1YR 2YRS 3YRS 5YRS 10YRS Since Inception (01/01/22)
City of Orange 0.76% 1.45% 3.37% 6.10% 5.48% 3.66% -- -- 1.75% Benchmark Return 0.74% 1.36% 3.39% 6.06% 5.11% 3.24% -- -- 1.59% Average Modified Duration 2.47
Average Coupon 3.36%
Average Purchase YTM 3.57%
Average Market YTM 4.06%
Average Credit Quality* AA+
Average Final Maturity 2.91
Average Life 2.53
End Values as of
05/31/2025
End Values as of
06/30/2025
Market Value 105,097,398.52 105,780,134.31
Accrued Interest 702,843.24 817,770.17
Total Market Value 105,800,241.76 106,597,904.48
Income Earned 214,584.23 406,770.66
Cont/WD 0.00 0.00
Par 105,472,230.97 105,846,920.85
Book Value 105,214,337.99 105,399,801.80
Cost Value 105,141,814.62 105,313,878.94
Government of The United States 34.27%
Federal Home Loan Banks 8.38%
Federal Home Loan Mortgage Corp 7.52%
Toyota Motor Corporation 4.68%
Farm Credit System 3.96%
Apple Inc. 2.78%
International Bank for Recon and Dev 2.48%
FHLMC 2.31%
**Periods over 1 year are annualized.

Benchmark: ICE BofA 1-5 Year Unsubordinated US Treasury & Agency Index Secondary Benchmark:
*The average credit quality is a weighted average calculation of the highest of S&P , Moody’s and Fitch.

RECONCILIATION SUMMARY
Accrual Activity Summary
Fair Market Activity Summary
Month to Date Fiscal Year to Date
(07/01/2024)
Beginning Book Value 105,214,337.99 102,308,638.77
Maturities/Calls 0.00 (14,975,000.00)
Principal Paydowns (41,381.25) (343,891.62)
Purchases 5,252,388.69 74,435,352.54
Sales (4,940,769.69) (56,118,298.78)
Change in Cash, Payables, Receivables (98,482.64) (2,912.55) Amortization/Accretion 14,450.76 76,071.54
Realized Gain (Loss) (742.06) 19,841.90
Ending Book Value 105,399,801.80 105,399,801.80
Month to Date Fiscal Year to Date
(07/01/2024)
Beginning Market Value 105,097,398.52 99,910,914.20
Maturities/Calls 0.00 (14,975,000.00)
Principal Paydowns (41,381.25) (343,891.62)
Purchases 5,252,388.69 74,435,352.54
Sales (4,940,769.69) (56,118,298.78)
Change in Cash, Payables, Receivables (98,482.64) (2,912.55) Amortization/Accretion 14,450.76 76,071.54
Change in Net Unrealized Gain (Loss) 497,271.99 2,778,057.09 Realized Gain (Loss) (742.06) 19,841.90
Ending Market Value 105,780,134.31 105,780,134.31
Maturities / Calls
Month to Date 0.00
Fiscal Year to Date (14,975,000.00)
Principal Paydowns
Month to Date (41,381.25)
Fiscal Year to Date (343,891.62)
Purchases
Month to Date 5,252,388.69
Fiscal Year to Date 74,435,352.54
Sales
Month to Date (4,940,769.69)
Fiscal Year to Date (56,118,298.78)
Interest Received
Month to Date 272,227.52
Fiscal Year to Date 2,983,532.01
Purchased / Sold Interest
Month to Date 5,165.45
Fiscal Year to Date 99,327.82
CONFIDENTIAL | 4
City of Orange | Account #10888 | As of June 30, 2025
Execution Time: 07/01/2025 06:54:57 PM 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 116,900.53 02/16/2023

5.09%
116,878.81
116,891.10
100.24

4.53%
117,182.99
163.66

0.11%
291.89
Aaa/NA
AAA

1.81 0.43
47800CAC0 JDOT 2023 A3 5.01 11/15/2027 279,328.65 02/22/2023

3.39%
279,277.75
279,302.98
100.30

4.60%
280,171.07
621.97

0.26%
868.10
Aaa/NA
AAA

2.38 0.65
36271VAD9 GMALT 2025-1 A3 4.66
02/21/2028 430,000.00 02/05/2025

4.66%
429,949.26
429,955.65
100.67

4.25%
432,866.55
612.27

0.41%
2,910.90
NA/AAA
AAA

2.65 1.45
05592XAD2 BMWOT 2023-A A3 5.47
02/25/2028 142,959.30 07/11/2023

5.47%
142,933.96
142,944.71
100.59

4.49%
143,808.86
130.33

0.14%
864.15
NA/AAA
AAA

2.66 0.57
44935DAD1 HALST 2025-B A3 4.53
04/17/2028 330,000.00 04/24/2025

4.53%
329,970.20
329,971.91
100.69

4.19%
332,269.64
664.40

0.31%
2,297.74
NA/AAA
AAA

2.80 1.78
02582JJZ4 AMXCA 2023-1 A 4.87
05/15/2026 350,000.00 06/07/2023

4.92%
349,968.96
349,988.04
100.52

4.30%
351,806.32
757.56

0.33%
1,818.27
NA/AAA
AAA

0.87 0.84
362962AD4 GMALT 2025-2 A3 4.58
05/22/2028 985,000.00 --

4.80%
985,558.36
985,533.75
100.64

4.23%
991,290.51
1,378.45

0.94%
5,756.76
NA/AAA
AAA

2.90 1.62
438123AC5 HAROT 2023-4 A3 5.67
06/21/2028 330,000.00 11/01/2023

5.74%
329,941.89
329,962.59
101.07

4.39%
333,519.45
519.75

0.32%
3,556.86
Aaa/NA
AAA

2.98 0.78
02582JKD1 AMXCA 2023-3 A 5.23
09/15/2026 1,055,000.00 09/12/2023

5.29%
1,054,952.84
1,054,980.95
101.13

4.30%
1,066,951.04
2,452.29

1.01%
11,970.09
NA/AAA
AAA

1.21 1.14
161571HT4 CHAIT 2023-1 A 5.16 09/15/2028 1,060,000.00 09/07/2023

5.23%
1,059,706.17
1,059,811.51
101.16

4.21%
1,072,250.31
2,430.93

1.01%
12,438.80
NA/AAA
AAA

3.21 1.14
096919AD7 BMWOT 2024-A A3 5.18
02/26/2029 450,000.00 06/04/2024

5.18%
449,931.65
449,946.94
101.26

4.11%
455,673.60
388.50

0.43%
5,726.66
Aaa/AAA
NA

3.66 1.12
47786WAD2 JDOT 2024-B A3 5.2 03/15/2029 510,000.00 06/11/2024

5.81%
509,900.30
509,922.07
101.58

4.24%
518,054.89
1,178.67

0.49%
8,132.82
Aaa/NA
AAA

3.71 1.54
44934QAD3 HART 2024-B A3 4.84
03/15/2029 285,000.00 07/16/2024

5.45%
284,956.99
284,965.67
101.02

4.17%
287,904.72
613.07

0.27%
2,939.05
NA/AAA
AAA

3.71 1.40
43813YAC6 HAROT 2024-3 A3 4.57
03/21/2029 630,000.00 08/09/2024

4.66%
629,901.03
629,919.61
100.54

4.21%
633,428.90
799.75

0.60%
3,509.30
Aaa/NA
AAA

3.72 1.35
58768YAD7 MBALT 2025-A A3 4.61
04/16/2029 530,000.00 05/14/2025

4.66%
529,935.39
529,937.25
101.14

4.13%
536,018.73
1,085.91

0.51%
6,081.49
NA/AAA
AAA

3.79 2.15
05522RDJ4 BACCT 2024-1 A 4.93
05/15/2029 505,000.00 06/06/2024

4.93%
504,971.67
504,977.79
101.48

4.14%
512,480.62
1,106.51

0.48%
7,502.83
Aaa/AAA
NA

3.87 1.75
47800DAD6 JDOT 2025 A3 4.23 09/17/2029 500,000.00 03/04/2025

5.09%
499,968.55
499,970.68
100.25

4.16%
501,234.80
940.00

0.47%
1,264.12
Aaa/NA
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
43814VAC1 HAROT 2025-1 A3 4.57
09/21/2029 795,000.00 02/04/2025

4.57%
794,975.51
794,977.55
100.97

4.09%
802,683.12
1,009.21

0.76%
7,705.57
NA/AAA
AAA

4.23 1.82
096924AD7 BMWOT 2025-A A3 4.56
09/25/2029 680,000.00 02/04/2025

4.56%
679,933.02
679,938.54
100.86

4.09%
685,822.57
516.80

0.65%
5,884.03
Aaa/AAA
NA

4.24 1.65
44935CAD3 HART 2025-A A3 4.32
10/15/2029 635,000.00 03/04/2025

4.84%
634,906.34
634,912.54
100.39

4.16%
637,452.75
1,219.20

0.60%
2,540.22
NA/AAA
AAA

4.29 1.98
92970QAE5 WFCIT 2024-2 A 4.29
10/15/2029 560,000.00 10/17/2024

4.29%
559,916.78
559,928.23
100.47

4.11%
562,632.56
1,067.73

0.53%
2,704.33
Aaa/AAA
NA

4.29 2.14
Total ABS 11,159,188.48 4.91%
11,158,435.44
11,158,740.05
100.86

4.21%
11,255,504.00
19,656.96

10.64%
96,763.94

3.27 1.50
AGENCY
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

98.78 4.39%
7,952,058.31
8,452.50

7.52%
(97,941.69)
Aa1/AA+
AA+

0.33 0.32
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

96.68 4.08%
4,833,892.35
19,000.00

4.57%
(166,107.65)
Aa1/AA+
AA+

1.08 1.05
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
2,022,579.85
101.10

3.85%
2,021,974.64
25,763.89

1.91%
(605.21)
Aa1/AA+
AA+

2.21 2.06
3130AEB25 FEDERAL HOME LOAN BANKS

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

4.15%
1,921,180.00
1,952,469.02

98.86 3.66%
1,977,290.70
3,972.22

1.87%
24,821.68
Aa1/AA+
AA+

2.94 2.77
3130AXQK7 FEDERAL HOME LOAN BANKS

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

4.05%
2,060,660.00
2,042,947.55
102.89

3.84%
2,057,787.90
6,069.44

1.95%
14,840.35
Aa1/AA+
AA+

3.44 3.15
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
2,103,266.12
102.95

3.91%
2,162,039.78
16,902.08

2.04%
58,773.65
Aa1/AA+
AA+

3.83 3.46
Total Agency 21,150,000.00 2.07%
21,191,823.00
21,171,262.54

99.36 4.10%
21,005,043.67
80,160.14

19.86%
(166,218.87)

1.59 1.49

AGENCY CMBS
3137FPJG1 FHMS K-099 A2 2.595
09/25/2029 1,140,000.00 06/11/2025

4.29%
1,066,122.66
1,066,843.18

94.30 4.09%
1,075,065.71
2,465.25

1.02%
8,222.53
Aa1/AA+
AAA

4.24 3.84
3137FRUT6 FHMS K-106 A2 2.069
01/25/2030 1,500,000.00 06/12/2025

4.23%
1,365,820.31
1,366,952.63

91.55 4.12%
1,373,263.35
2,586.25

1.30%
6,310.72
Aa1/AA+
AAA

4.57 4.24
Total Agency CMBS 2,640,000.00 4.26%
2,431,942.97
2,433,795.81

92.76 4.10%
2,448,329.06
5,051.50

2.31%
14,533.26

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
CASH
CCYUSD Receivable 1,731.14 -- 1,731.14
1,731.14

1.00 0.00%
1,731.14

0.00 0.00%

0.00 Aaa/AAA
AAA

0.00 0.00
Total Cash 1,731.14
1,731.14
1,731.14

1.00 0.00%
1,731.14

0.00 0.00%

0.00 0.00

0.00 COMMERCIAL
PAPER
62479MBH5 MUFG Bank, Ltd., New York
Branch 02/17/2026 2,000,000.00 05/23/2025

4.41%
1,936,898.89
1,945,201.67

97.29 4.34%
1,945,840.00

0.00 1.84%
638.33
P-1/A-1
NA

0.64 0.62
Total Commercial
Paper 2,000,000.00 4.41%
1,936,898.89
1,945,201.67

97.29 4.34%
1,945,840.00

0.00 1.84%
638.33

0.64 0.62

CORPORATE
89236THP3 TOYOTA MOTOR CREDIT CORP

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

0.70%
5,025,000.00
5,001,492.75

98.96 4.39%
4,948,245.05
8,333.33

4.68%
(53,247.70)
A1/A+
A+

0.30 0.29
63743HFF4

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

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

5.50%
494,336.70
494,926.70
100.30

4.50%
496,470.56
4,571.19

0.47%
1,543.85
A2/A-
A

0.33 0.33
037833EB2 APPLE INC 0.7 02/08/2026 3,000,000.00 02/08/2021

0.70%
2,999,730.00
2,999,967.17

97.88 4.30%
2,936,348.79
8,341.67

2.78%
(63,618.38)
Aaa/AA+
NA

0.61 0.59
713448FQ6 PEPSICO INC 4.55 02/13/2026 195,000.00 02/13/2023

4.57%
194,886.90
194,976.53
100.07

4.43%
195,137.04
3,401.13

0.18%
160.51
A1/A+
NA

0.62 0.51
907818GE2 UNION PACIFIC CORP 4.75
02/21/2026 470,000.00 02/13/2023

4.77%
469,689.80
469,933.49
100.14

4.51%
470,664.38
8,061.81

0.44%
730.89
A3/A-
A-

0.65 0.53
61747YET8 MORGAN STANLEY 4.679
07/17/2026 775,000.00 12/28/2022

5.76%
764,390.25
774,817.36

99.98 6.05%
774,880.10
16,519.47

0.73%

62.74 A1/A-
A+

1.05 0.04
24422EXD6 JOHN DEERE CAPITAL CORP 5.15
09/08/2026 505,000.00 09/05/2023

5.18%
504,641.45
504,858.02
101.20

4.10%
511,065.81
8,163.47

0.48%
6,207.79
A1/A
A+

1.19 1.13
713448FW3 PEPSICO INC 5.125 11/10/2026 380,000.00 11/08/2023

5.13%
379,897.40
379,953.47
101.26

4.16%
384,787.73
2,758.96

0.36%
4,834.26
A1/A+
NA

1.36 1.22
06368LAQ9 BANK OF MONTREAL 4.7
09/14/2027 1,000,000.00 03/30/2023

4.91%
991,550.00
995,821.71
100.91

4.26%
1,009,099.76
13,969.44

0.95%
13,278.05
A2/A-
AA-

2.21 1.97
78016FZW7 ROYAL BANK OF CANADA 4.9
01/12/2028 1,000,000.00 03/30/2023

4.95%
997,990.00
998,936.36
101.82

4.13%
1,018,232.04
23,002.78

0.96%
19,295.68
A1/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
1,223,405.34

99.13 5.07%
1,239,106.05
21,377.22

1.17%
15,700.71
A1/A-
AA-

2.56 1.46
713448FL7 PEPSICO INC 3.6 02/18/2028 1,500,000.00 03/27/2024

4.49%
1,452,735.00
1,468,024.66

99.14 3.95%
1,487,095.97
19,950.00

1.41%
19,071.30
A1/A+
NA

2.64 2.45
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
101.14

4.08%
1,299,635.96
19,914.93

1.23%
14,635.96
Aa3/A
AA-

2.67 2.38
58933YBH7 MERCK & CO INC 4.05
05/17/2028 1,250,000.00 09/26/2024

3.76%
1,261,775.00
1,259,262.15
100.46

3.88%
1,255,745.20
6,187.50

1.19%
(3,516.95)
Aa3/A+
NA

2.88 2.61
91324PEU2 UNITEDHEALTH GROUP INC 4.25
01/15/2029 1,000,000.00 05/28/2024

5.05%
967,180.00
974,900.07

99.82 4.30%
998,225.19
19,597.22

0.94%
23,325.12
A2/A+
A

3.54 3.19
69371RS80 PACCAR FINANCIAL CORP 4.6
01/31/2029 1,200,000.00 03/27/2024

4.70%
1,194,684.00
1,196,065.56
101.37

4.18%
1,216,410.37
23,153.33

1.15%
20,344.81
A1/A+
NA

3.59 3.22
17275RBR2 CISCO SYSTEMS INC 4.85
02/26/2029 1,250,000.00 02/27/2024

4.84%
1,250,650.00
1,250,473.09
102.48

4.11%
1,280,968.20
21,050.35

1.21%
30,495.11
A1/AA-
NA

3.66 3.21
437076DC3 HOME DEPOT INC 4.75
06/25/2029 1,250,000.00 06/27/2024

4.82%
1,245,987.50
1,246,797.48
102.07

4.18%
1,275,915.78
989.58

1.21%
29,118.29
A2/A
A

3.99 3.53
532457CQ9 ELI LILLY AND CO 4.2 08/14/2029 705,000.00 08/12/2024

4.25%
703,456.05
703,727.47
100.35

4.10%
707,502.33
11,268.25

0.67%
3,774.86
Aa3/A+
NA

4.12 3.62
171239AL0 CHUBB INA HOLDINGS LLC 4.65
08/15/2029 1,250,000.00 09/26/2024

4.08%
1,280,725.00
1,275,867.22
101.70

4.19%
1,271,304.46
21,958.33

1.20%
(4,562.76)
A2/A
A

4.13 3.59
40139LBJ1 GUARDIAN LIFE GLOBAL
FUNDING 4.179 09/26/2029 1,300,000.00 11/26/2024

4.67%
1,272,336.00
1,275,723.43

99.55 4.29%
1,294,179.81
14,336.29

1.22%
18,456.38
Aa1/AA+
NA

4.24 3.80
64952WFK4 NEW YORK LIFE GLOBAL
FUNDING 4.6 12/05/2029 830,000.00 12/02/2024

4.61%
829,526.90
829,580.79
101.11

4.32%
839,253.74
2,757.44

0.79%
9,672.95
Aa1/AA+
AAA

4.43 3.96
14913UAX8 CATERPILLAR FINANCIAL
SERVICES CORP 4.8 01/08/2030 960,000.00 01/06/2025

4.84%
958,147.20
958,323.75
102.40

4.21%
983,058.42
22,144.00

0.93%
24,734.67
A2/A
A+

4.53 3.95
59217GFT1 METROPOLITAN LIFE GLOBAL
FUNDING I 4.9 01/09/2030 820,000.00 01/02/2025

4.95%
818,310.80
818,470.84
102.02

4.40%
836,530.63
19,197.11

0.79%
18,059.80
Aa3/AA-
AA-

4.53 3.94
57629TBV8 MASSMUTUAL GLOBAL
FUNDING II 4.95 01/10/2030 1,200,000.00 --

4.90%
1,202,338.00
1,202,352.88
102.11

4.43%
1,225,309.74
28,215.00

1.16%
22,956.86
Aa3/AA+
AA+

4.53 3.94
Total Corporate 29,870,000.00 3.69%
29,751,138.95
29,783,658.30
100.31

4.32%
29,955,173.11
349,219.80

28.32%
171,514.81

2.46 2.14

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
31846V203 FIRST AMER:GVT OBLG Y 291,001.23 --

3.96%
291,001.23
291,001.23

1.00 3.96%
291,001.23

0.00 0.28%

0.00 Aaa/
AAAm
AAA

0.00 0.00
Total Money
Market Fund 291,001.23 3.96%
291,001.23
291,001.23

1.00 3.96%
291,001.23

0.00 0.28%

0.00 0.00

0.00 SUPRANATIONAL
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
1,962,375.43

99.26 3.76%
1,985,110.48
32,861.11

1.88%
22,735.05
Aaa/AAA
NA

3.03 2.80
459058LR2

INTERNATIONAL BANK FOR

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

4.20%
632,733.05
632,860.92
101.23

3.84%
642,779.35
7,348.80

0.61%
9,918.42
Aaa/AAA
NA

4.72 4.21
Total
Supranational 2,635,000.00 4.20%
2,571,113.05
2,595,236.36

99.74 3.78%
2,627,889.83
40,209.91

2.48%
32,653.47

3.45 3.15

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

1.01%
2,980,546.88
2,995,142.05

96.33 3.92%
2,889,843.75
6,598.36

2.73%
(105,298.30)
Aa1/AA+
AA+

1.25 1.22
91282CGT2 UNITED STATES TREASURY 3.625
03/31/2028 1,000,000.00 --

3.68%
998,446.60
998,648.65

99.83 3.69%
998,281.25
9,112.02

0.94%
(367.40)
Aa1/AA+
AA+

2.75 2.57
9128285M8 UNITED STATES TREASURY 3.125
11/15/2028 2,000,000.00 12/28/2023

3.86%
1,935,078.13
1,955,104.51

98.13 3.72%
1,962,656.24
7,982.34

1.86%
7,551.73
Aa1/AA+
AA+

3.38 3.15
91282CKD2 UNITED STATES TREASURY 4.25
02/28/2029 2,200,000.00 03/27/2024

4.18%
2,206,617.19
2,204,924.25
101.76

3.73%
2,238,757.82
31,251.36

2.12%
33,833.57
Aa1/AA+
AA+

3.67 3.33
91282CKG5 UNITED STATES TREASURY 4.125
03/31/2029 2,200,000.00 05/28/2024

4.53%
2,161,156.25
2,169,905.44
101.35

3.73%
2,229,734.36
22,811.48

2.11%
59,828.93
Aa1/AA+
AA+

3.75 3.42
91282CKP5 UNITED STATES TREASURY 4.625
04/30/2029 2,000,000.00 --

4.13%
2,042,382.82
2,034,514.06
103.13

3.74%
2,062,500.00
15,584.24

1.95%
27,985.94
Aa1/AA+
AA+

3.83 3.47
91282CKT7 UNITED STATES TREASURY 4.5
05/31/2029 2,200,000.00 06/13/2024

4.25%
2,224,578.13
2,219,396.65
102.73

3.74%
2,259,984.36
8,385.25

2.14%
40,587.72
Aa1/AA+
AA+

3.92 3.56
91282CLC3 UNITED STATES TREASURY 4.0
07/31/2029 2,000,000.00 09/26/2024

3.56%
2,038,515.62
2,032,481.22
100.93

3.75%
2,018,671.88
33,370.17

1.91%
(13,809.34)
Aa1/AA+
AA+

4.08 3.68
91282CFJ5 UNITED STATES TREASURY 3.125
08/31/2029 2,000,000.00 10/30/2024

4.10%
1,915,156.25
1,926,837.29

97.59 3.76%
1,951,718.76
20,889.95

1.85%
24,881.47
Aa1/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
91282CFL0 UNITED STATES TREASURY 3.875
09/30/2029 2,200,000.00 10/30/2024

4.10%
2,177,828.13
2,180,829.67
100.46

3.76%
2,210,140.64
21,428.96

2.09%
29,310.97
Aa1/AA+
AA+

4.25 3.85
91282CFT3 UNITED STATES TREASURY 4.0
10/31/2029 2,500,000.00 04/29/2025

3.77%
2,523,535.16
2,522,648.12
100.95

3.76%
2,523,828.13
16,847.83

2.39%
1,180.00
Aa1/AA+
AA+

4.34 3.92
91282CMA6 UNITED STATES TREASURY 4.125
11/30/2029 2,400,000.00 12/27/2024

4.45%
2,366,062.50
2,369,520.50
101.47

3.76%
2,435,251.20
8,385.25

2.30%
65,730.70
Aa1/AA+
AA+

4.42 4.00
91282CMG3 UNITED STATES TREASURY 4.25
01/31/2030 2,500,000.00 04/29/2025

3.78%
2,550,488.28
2,548,686.17
101.97

3.78%
2,549,316.40
44,319.75

2.41%
630.23
Aa1/AA+
AA+

4.59 4.07
91282CGQ8 UNITED STATES TREASURY 4.0
02/28/2030 2,700,000.00 --

4.02%
2,697,195.31
2,697,332.75
100.97

3.77%
2,726,261.71
36,097.83

2.58%
28,928.96
Aa1/AA+
AA+

4.67 4.17
91282CGS4 UNITED STATES TREASURY 3.625
03/31/2030 2,500,000.00 04/29/2025

3.80%
2,480,664.06
2,481,331.56

99.29 3.79%
2,482,128.90
22,780.05

2.35%
797.34
Aa1/AA+
AA+

4.75 4.28
91282CMZ1 UNITED STATES TREASURY 3.875
04/30/2030 2,700,000.00 05/29/2025

4.03%
2,681,542.97
2,681,871.83
100.39

3.78%
2,710,546.88
17,627.04

2.56%
28,675.05
Aa1/AA+
AA+

4.83 4.34
Total US Treasury 36,100,000.00 3.79%
35,979,794.28
36,019,174.69
100.45

3.77%
36,249,622.27
323,471.85

34.27%
230,447.58

3.95 3.58
Total Portfolio 105,846,920.85 3.57%
105,313,878.94
105,399,801.80

99.71 4.06%
105,780,134.31
817,770.17
100.00%
380,332.52

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

ACQUISITIONS
Purchase 06/02/2025 31846V203 99,000.00 FIRST AMER:GVT OBLG Y 1.000 3.94% (99,000.00) 0.00 (99,000.00) 0.00 Purchase 06/03/2025 31846V203 1,213.78 FIRST AMER:GVT OBLG Y 1.000 3.93% (1,213.78) 0.00 (1,213.78) 0.00 Purchase 06/05/2025 31846V203 19,090.00 FIRST AMER:GVT OBLG Y 1.000 3.90% (19,090.00) 0.00 (19,090.00) 0.00 Purchase 06/09/2025 31846V203 80,000.00 FIRST AMER:GVT OBLG Y 1.000 3.89% (80,000.00) 0.00 (80,000.00) 0.00 Purchase 06/12/2025 31846V203 824,326.24 FIRST AMER:GVT OBLG Y 1.000 3.89% (824,326.24) 0.00 (824,326.24) 0.00 Purchase 06/13/2025 57629TBV8 200,000.00

MASSMUTUAL GLOBAL
FUNDING II 4.95
01/10/2030
101.409 4.60% (202,818.00) (4,207.50) (207,025.50) 0.00 Purchase 06/13/2025 31846V203 1,523,328.90 FIRST AMER:GVT OBLG Y 1.000 3.89% (1,523,328.90) 0.00 (1,523,328.90) 0.00 Purchase 06/16/2025 3137FPJG1 1,140,000.00 FHMS K-099 A2 2.595 09/25/2029 93.520 4.29% (1,066,122.66) (1,232.63) (1,067,355.29) 0.00 Purchase 06/17/2025 3137FRUT6 1,500,000.00 FHMS K-106 A2 2.069 01/25/2030 91.055 4.23% (1,365,820.31) (1,379.33) (1,367,199.64) 0.00 Purchase 06/20/2025 31846V203 2,631.59 FIRST AMER:GVT OBLG Y 1.000 3.90% (2,631.59) 0.00 (2,631.59) 0.00 Purchase 06/20/2025 31846V203 1,669.83 FIRST AMER:GVT OBLG Y 1.000 3.90% (1,669.83) 0.00 (1,669.83) 0.00 Purchase 06/23/2025 31846V203 20,458.94 FIRST AMER:GVT OBLG Y 1.000 3.89% (20,458.94) 0.00 (20,458.94) 0.00 Purchase 06/25/2025 31846V203 45,908.44 FIRST AMER:GVT OBLG Y 1.000 (45,908.44) 0.00 (45,908.44) 0.00 Total Purchase 5,457,627.72 (5,252,388.69) (6,819.46) (5,259,208.15) 0.00 TOTAL
ACQUISITIONS 5,457,627.72 (5,252,388.69) (6,819.46) (5,259,208.15) 0.00

DISPOSITIONS
Sale 06/05/2025 31846V203 (6,446.90) FIRST AMER:GVT OBLG Y 1.000 3.90% 6,446.90 0.00 6,446.90 0.00 Sale 06/12/2025 91282CGT2 (825,000.00) UNITED STATES TREASURY

3.625 03/31/2028 99.195 3.68% 818,361.33 (5,964.91) 824,326.24 (5,502.71) Sale 06/13/2025 4581X0EK0 (1,720,000.00)

INTER-AMERICAN
DEVELOPMENT BANK 4.5
05/15/2026
100.252 4.53% 1,724,334.40 (6,020.00) 1,730,354.40 4,760.64 Sale 06/16/2025 31846V203 (1,024,427.42) FIRST AMER:GVT OBLG Y 1.000 3.89% 1,024,427.42 0.00 1,024,427.42 0.00 Sale 06/17/2025 31846V203 (1,367,199.64) FIRST AMER:GVT OBLG Y 1.000 3.91% 1,367,199.64 0.00 1,367,199.64 0.00 Total Sale (4,943,073.96) 4,940,769.69 (11,984.91) 4,952,754.60 (742.07) CONFIDENTIAL | 11
City of Orange | Account #10888 | As of June 30, 2025
Execution Time: 07/01/2025 06:54:57 PM 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
DISPOSITIONS (4,943,073.96) 4,940,769.69 (11,984.91) 4,952,754.60 (742.07) OTHER

TRANSACTIONS
Coupon 06/05/2025 64952WFK4 0.00 NEW YORK LIFE GLOBAL
FUNDING 4.6 12/05/2029 4.61% 19,090.00 0.00 19,090.00 0.00 Coupon 06/08/2025 3130AXQK7 0.00 FEDERAL HOME LOAN
BANKS 4.75 12/08/2028 4.05% 47,500.00 0.00 47,500.00 0.00 Coupon 06/09/2025 3130AEB25 0.00 FEDERAL HOME LOAN
BANKS 3.25 06/09/2028 4.15% 32,500.00 0.00 32,500.00 0.00 Coupon 06/15/2025 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 06/15/2025 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 06/15/2025 02582JKD1 0.00 AMXCA 2023-3 A 5.23
09/15/2026 5.29% 4,598.04 0.00 4,598.04 0.00
Coupon 06/15/2025 161571HT4 0.00 CHAIT 2023-1 A 5.16
09/15/2028 5.23% 4,558.00 0.00 4,558.00 0.00
Coupon 06/15/2025 47800DAD6 0.00 JDOT 2025 A3 4.23
09/17/2029 5.09% 1,762.50 0.00 1,762.50 0.00
Coupon 06/15/2025 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 06/15/2025 02582JJZ4 0.00 AMXCA 2023-1 A 4.87
05/15/2026 4.92% 1,420.42 0.00 1,420.42 0.00
Coupon 06/15/2025 44935CAD3 0.00 HART 2025-A A3 4.32
10/15/2029 4.84% 2,286.00 0.00 2,286.00 0.00
Coupon 06/15/2025 58768YAD7 0.00 MBALT 2025-A A3 4.61
04/16/2029 4.66% 1,628.87 0.00 1,628.87 0.00
Coupon 06/15/2025 44935DAD1 0.00 HALST 2025-B A3 4.53
04/17/2028 4.53% 1,245.75 0.00 1,245.75 0.00
Coupon 06/15/2025 92970QAE5 0.00 WFCIT 2024-2 A 4.29
10/15/2029 4.29% 2,002.00 0.00 2,002.00 0.00
CONFIDENTIAL | 12
City of Orange | Account #10888 | As of June 30, 2025
Execution Time: 07/01/2025 06:54:57 PM 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 06/15/2025 47800CAC0 0.00 JDOT 2023 A3 5.01
11/15/2027 3.39% 1,236.15 0.00 1,236.15 0.00
Coupon 06/20/2025 362962AD4 0.00 GMALT 2025-2 A3 4.58
05/22/2028 4.80% 2,631.59 0.00 2,631.59 0.00
Coupon 06/20/2025 36271VAD9 0.00 GMALT 2025-1 A3 4.66
02/21/2028 4.66% 1,669.83 0.00 1,669.83 0.00
Coupon 06/21/2025 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 06/21/2025 43815JAC7 0.00 HAROT 2023-1 A3 5.04
04/21/2027 5.09% 545.28 0.00 545.28 0.00
Coupon 06/21/2025 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 06/21/2025 43814VAC1 0.00 HAROT 2025-1 A3 4.57
09/21/2029 4.57% 3,027.62 0.00 3,027.62 0.00
Coupon 06/25/2025 05592XAD2 0.00 BMWOT 2023-A A3 5.47
02/25/2028 5.47% 704.98 0.00 704.98 0.00
Coupon 06/25/2025 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 06/25/2025 437076DC3 0.00 HOME DEPOT INC 4.75
06/25/2029 4.82% 29,687.50 0.00 29,687.50 0.00
Coupon 06/25/2025 096924AD7 0.00 BMWOT 2025-A A3 4.56
09/25/2029 4.56% 2,584.00 0.00 2,584.00 0.00
Total Coupon 0.00 172,013.74 0.00 172,013.74 0.00
Custody Fee 06/25/2025 CCYUSD (708.32) Cash 0.00% (708.32) 0.00 (708.32) 0.00 Total Custody Fee (708.32) (708.32) 0.00 (708.32) 0.00
Management Fee 06/05/2025 CCYUSD (6,446.90) Cash 0.00% (6,446.90) 0.00 (6,446.90) 0.00 Total
Management Fee (6,446.90) (6,446.90) 0.00 (6,446.90) 0.00 Principal Paydown 06/15/2025 47800CAC0 16,755.93 JDOT 2023 A3 5.01 11/15/2027 3.39% 16,755.93 -- 16,755.93 (0.00)
Principal Paydown 06/21/2025 43815JAC7 12,927.54 HAROT 2023-1 A3 5.04 04/21/2027 5.09% 12,927.54 -- 12,927.54 0.00
CONFIDENTIAL | 13
City of Orange | Account #10888 | As of June 30, 2025
Execution Time: 07/01/2025 06:54:57 PM 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
Principal Paydown 06/25/2025 05592XAD2 11,697.78 BMWOT 2023-A A3 5.47 02/25/2028 5.47% 11,697.78 -- 11,697.78 (0.00)
Total Principal
Paydown 41,381.25 41,381.25 -- 41,381.25 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

CASH & EQUIVALENTS
31846V203 FIRST AMER:GVT OBLG Y
291,001.23
71,447.47
2,617,627.72
(2,398,073.96)
291,001.23

0.00 1,213.78

0.00 0.00

0.00 1,213.78
1,213.78
CCYUSD Receivable
1,731.14
100,213.78

0.00 0.00
1,731.14

0.00 0.00

0.00 Total Cash & Equivalents 292,732.37
171,661.25
2,617,627.72
(2,398,073.96)
292,732.37

0.00 1,213.78

0.00 0.00

0.00 1,213.78 1,213.78

FIXED INCOME
02582JJZ4 AMXCA 2023-1 A 4.87
05/15/2026
06/07/2023
06/14/2023
350,000.00
349,986.92

0.00 0.00
349,988.04
757.56
1,420.42
757.56
1,420.42

1.13 0.00

1.13 1,421.55
1,421.55
02582JKD1 AMXCA 2023-3 A 5.23
09/15/2026
09/12/2023
09/19/2023
1,055,000.00
1,054,968.90

0.00 0.00
1,054,980.95
2,452.29
4,598.04
2,452.29
4,598.04

12.05 0.00

12.05 4,610.09
4,610.09
037833EB2 APPLE INC 0.7 02/08/2026
02/08/2021
02/08/2021
3,000,000.00
2,999,962.74

0.00 0.00
2,999,967.17
6,591.67

0.00 8,341.67
1,750.00

4.44 0.00

4.44 1,754.44
1,754.44
05522RDJ4 BACCT 2024-1 A 4.93
05/15/2029
06/06/2024
06/13/2024
505,000.00
504,977.32

0.00 0.00
504,977.79
1,106.51
2,074.71
1,106.51
2,074.71

0.47 0.00

0.47 2,075.18
2,075.18
05592XAD2 BMWOT 2023-A A3 5.47
02/25/2028
07/11/2023
07/18/2023
142,959.30
154,640.81

0.00 (11,697.78)
142,944.71
141.00
704.98
130.33
694.32

1.68 0.00

3.824 01/20/2028
06/27/2024
06/28/2024
1,250,000.00
1,222,000.69

0.00 0.00
1,223,405.34
17,393.89

0.00 21,377.22
3,983.33
1,404.65

0.00 1,404.65
5,387.98
5,387.98
06368LAQ9 BANK OF MONTREAL 4.7
09/14/2027
03/30/2023
03/31/2023
1,000,000.00
995,666.00

0.00 0.00
995,821.71
10,052.78

0.00 13,969.44
3,916.67
155.71

0.00 155.71
4,072.38
4,072.38
096919AD7 BMWOT 2024-A A3 5.18
02/26/2029
06/04/2024
06/11/2024
450,000.00
449,945.75

0.00 0.00
449,946.94
388.50
1,942.50
388.50
1,942.50

1.19 0.00

1.19 1,943.69
1,943.69
096924AD7 BMWOT 2025-A A3 4.56
09/25/2029
02/04/2025
02/12/2025
680,000.00
679,937.35

0.00 0.00
679,938.54
516.80
2,584.00
516.80
2,584.00

1.19 0.00

1.19 2,585.19
2,585.19
14913UAX8

CATERPILLAR FINANCIAL
SERVICES CORP 4.8
01/08/2030
01/06/2025
01/08/2025
960,000.00
958,293.31

0.00 0.00
958,323.75
18,304.00

0.00 22,144.00
3,840.00

30.44 0.00

30.44 3,870.44
3,870.44
161571HT4 CHAIT 2023-1 A 5.16
09/15/2028
09/07/2023
09/15/2023
1,060,000.00
1,059,806.69

0.00 0.00
1,059,811.51
2,430.93
4,558.00
2,430.93
4,558.00

4.82 0.00

4.82 4,562.82
4,562.82
171239AL0 CHUBB INA HOLDINGS LLC

4.65 08/15/2029
09/26/2024
09/27/2024
1,250,000.00
1,276,393.34

0.00 0.00
1,275,867.22
17,114.58

0.00 21,958.33
4,843.75

0.00 (526.11)
(526.11)
4,317.64
4,317.64
17275RBR2 CISCO SYSTEMS INC 4.85
02/26/2029
02/27/2024
02/29/2024
1,250,000.00
1,250,483.97

0.00 0.00
1,250,473.09
15,998.26

0.00 21,050.35
5,052.08

0.00 (10.88)
(10.88)
5,041.21
5,041.21
24422EXD6 JOHN DEERE CAPITAL CORP

5.15 09/08/2026
09/05/2023
09/08/2023
505,000.00
504,848.21

0.00 0.00
504,858.02
5,996.17

0.00 8,163.47
2,167.29

9.81 0.00

3.25 06/09/2028
07/24/2023
07/25/2023
2,000,000.00
1,951,141.34

0.00 0.00
1,952,469.02
31,055.56
32,500.00
3,972.22
5,416.67
1,327.68

0.00 1,327.68
6,744.35
6,744.35
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
15,250.00

0.00 19,000.00
3,750.00

0.00 0.00

0.00 3,750.00
3,750.00
3130AXQK7 FEDERAL HOME LOAN BANKS

4.75 12/08/2028
01/29/2024
01/30/2024
2,000,000.00
2,043,973.37

0.00 0.00
2,042,947.55
45,652.78
47,500.00
6,069.44
7,916.67

0.00 (1,025.82)
(1,025.82)
6,890.85
6,890.85
3133EPDJ1

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.375
09/15/2027
03/27/2023
03/28/2023
2,000,000.00
2,023,420.29

0.00 0.00
2,022,579.85
18,472.22

0.00 25,763.89
7,291.67

0.00 (840.44)
(840.44)
6,451.23
6,451.23
3133ERDH1

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.75
04/30/2029
04/29/2024
04/30/2024
2,100,000.00
2,103,336.16

0.00 0.00
2,103,266.12
8,589.58

0.00 16,902.08
8,312.50

0.00 (70.04)
(70.04)
8,242.46
8,242.46
3134GW3Z7

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

0.00 0.00
8,050,000.00
4,427.50

0.00 8,452.50
4,025.00

0.00 0.00

0.00 4,025.00
4,025.00
3137FPJG1 FHMS K-099 A2 2.595
09/25/2029
06/11/2025
06/16/2025
1,140,000.00

0.00 1,066,122.66

0.00 1,066,843.18

0.00 (1,232.63)
2,465.25
1,232.62
720.52

0.00 720.52
1,953.14
1,953.14
3137FRUT6 FHMS K-106 A2 2.069
01/25/2030
06/12/2025
06/17/2025
1,500,000.00

0.00 1,365,820.31

0.00 1,366,952.63

0.00 (1,379.33)
2,586.25
1,206.92
1,132.32

0.00 1,132.32
2,339.24
2,339.24
36271VAD9 GMALT 2025-1 A3 4.66
02/21/2028
02/05/2025
02/12/2025
430,000.00
429,954.27

0.00 0.00
429,955.65
612.27
1,669.83
612.27
1,669.83

1.38 0.00

0.00 0.00
985,533.75
250.63
2,631.59
1,378.45
3,759.42

0.22 (22.60)
(22.37)
3,737.04
3,737.04
40139LBJ1 GUARDIAN LIFE GLOBAL
FUNDING 4.179 09/26/2029
11/26/2024
11/27/2024
1,300,000.00
1,275,252.95

0.00 0.00
1,275,723.43
9,809.04

0.00 14,336.29
4,527.25
470.48

0.00 470.48
4,997.73
4,997.73
437076DC3 HOME DEPOT INC 4.75
06/25/2029
06/27/2024
06/28/2024
1,250,000.00
1,246,731.45

0.00 0.00
1,246,797.48
25,729.17
29,687.50
989.58
4,947.92

66.03 0.00

66.03 5,013.95
5,013.95
438123AC5 HAROT 2023-4 A3 5.67
06/21/2028
11/01/2023
11/08/2023
330,000.00
329,961.56

0.00 0.00
329,962.59
519.75
1,559.25
519.75
1,559.25

1.03 0.00

1.03 1,560.28
1,560.28
43813YAC6 HAROT 2024-3 A3 4.57
03/21/2029
08/09/2024
08/21/2024
630,000.00
629,917.83

0.00 0.00
629,919.61
799.75
2,399.25
799.75
2,399.25

1.77 0.00

1.77 2,401.02
2,401.02
43814VAC1 HAROT 2025-1 A3 4.57
09/21/2029
02/04/2025
02/11/2025
795,000.00
794,977.11

0.00 0.00
794,977.55
1,009.21
3,027.62
1,009.21
3,027.62

0.44 0.00

0.44 3,028.06
3,028.06
43815JAC7 HAROT 2023-1 A3 5.04
04/21/2027
02/16/2023
02/24/2023
116,900.53
129,817.11

0.00 (12,927.54)
116,891.10
181.76
545.28
163.66
527.18

1.52 0.00

1.52 528.70
528.70
44934QAD3 HART 2024-B A3 4.84
03/15/2029
07/16/2024
07/24/2024
285,000.00
284,964.91

0.00 0.00
284,965.67
613.07
1,149.50
613.07
1,149.50

0.76 0.00

0.76 1,150.26
1,150.26
44935CAD3 HART 2025-A A3 4.32
10/15/2029
03/04/2025
03/12/2025
635,000.00
634,910.86

0.00 0.00
634,912.54
1,219.20
2,286.00
1,219.20
2,286.00

1.67 0.00

0.00 0.00
329,971.91
664.40
1,245.75
664.40
1,245.75

0.83 0.00

0.83 1,246.58
1,246.58
4581X0EK0

INTER-AMERICAN
DEVELOPMENT BANK 4.5
05/15/2026
06/27/2023
07/06/2023

0.00 1,719,558.53

0.00 (1,719,573.76)

0.00 3,440.00
6,020.00

0.00 2,580.00

15.22 0.00

15.22 2,595.22
2,595.22
459058KT9

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.5 07/12/2028
07/24/2023
07/26/2023
2,000,000.00
1,961,355.80

0.00 0.00
1,962,375.43
27,027.78

0.00 32,861.11
5,833.33
1,019.64

0.00 1,019.64
6,852.97
6,852.97
459058LR2

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 4.125 03/20/2030
03/14/2025
03/20/2025
635,000.00
632,823.68

0.00 0.00
632,860.92
5,165.99

0.00 7,348.80
2,182.81

37.24 0.00

37.24 2,220.06
2,220.06
47786WAD2 JDOT 2024-B A3 5.2
03/15/2029
06/11/2024
06/18/2024
510,000.00
509,920.34

0.00 0.00
509,922.07
1,178.67
2,210.00
1,178.67
2,210.00

1.73 0.00

1.73 2,211.73
2,211.73
47800CAC0 JDOT 2023 A3 5.01
11/15/2027
02/22/2023
03/02/2023
279,328.65
296,056.43

0.00 (16,755.93)
279,302.98
659.28
1,236.15
621.97
1,198.84

2.48 0.00

2.48 1,201.32
1,201.32
47800DAD6 JDOT 2025 A3 4.23
09/17/2029
03/04/2025
03/11/2025
500,000.00
499,970.11

0.00 0.00
499,970.68
940.00
1,762.50
940.00
1,762.50

0.57 0.00

0.57 1,763.07
1,763.07
532457CQ9 ELI LILLY AND CO 4.2
08/14/2029
08/12/2024
08/14/2024
705,000.00
703,702.10

0.00 0.00
703,727.47
8,800.75

0.00 11,268.25
2,467.50

25.37 0.00

25.37 2,492.87
2,492.87
57629TBV8 MASSMUTUAL GLOBAL
FUNDING II 4.95 01/10/2030 1,200,000.00
999,557.33
202,818.00

0.00 1,202,352.88
19,387.50
(4,207.50)
28,215.00
4,620.00

0.00 0.00
529,937.25
678.69
1,628.87
1,085.91
2,036.09

1.36 0.00

1.36 2,037.45
2,037.45
58933YBH7 MERCK & CO INC 4.05
05/17/2028
09/26/2024
09/27/2024
1,250,000.00
1,259,534.30

0.00 0.00
1,259,262.15
1,968.75

0.00 6,187.50
4,218.75

0.00 (272.15)
(272.15)
3,946.60
3,946.60
59217GFT1 METROPOLITAN LIFE GLOBAL
FUNDING I 4.9 01/09/2030
01/02/2025
01/09/2025
820,000.00
818,443.09

0.00 0.00
818,470.84
15,848.78

0.00 19,197.11
3,348.33

27.75 0.00

27.75 3,376.09
3,376.09
61747YET8 MORGAN STANLEY 4.679
07/17/2026
12/28/2022
12/30/2022
775,000.00
774,474.90

0.00 0.00
774,817.36
13,497.62

0.00 16,519.47
3,021.85
342.46

0.00 342.46
3,364.31
3,364.31
62479MBH5 MUFG Bank, Ltd., New York
Branch 02/17/2026
05/23/2025
05/27/2025
2,000,000.00
1,938,085.00

0.00 0.00
1,945,201.67

0.00 0.00

0.00 0.00
7,116.67

0.00 7,116.67
7,116.67
7,116.67
63743HFF4

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

5.45 10/30/2025
10/20/2022
10/31/2022
495,000.00
494,908.53

0.00 0.00
494,926.70
2,323.06

0.00 4,571.19
2,248.13

18.17 0.00

18.17 2,266.30
2,266.30
64952WFK4 NEW YORK LIFE GLOBAL
FUNDING 4.6 12/05/2029
12/02/2024
12/05/2024
830,000.00
829,573.02

0.00 0.00
829,580.79
18,665.78
19,090.00
2,757.44
3,181.67

7.77 0.00

7.77 3,189.44
3,189.44
69371RS80 PACCAR FINANCIAL CORP 4.6
01/31/2029
03/27/2024
03/28/2024
1,200,000.00
1,195,975.46

0.00 0.00
1,196,065.56
18,553.33

0.00 23,153.33
4,600.00

90.10 0.00

90.10 4,690.10
4,690.10
713448FL7 PEPSICO INC 3.6 02/18/2028
03/27/2024
03/28/2024
1,500,000.00
1,467,027.51

0.00 0.00
1,468,024.66
15,450.00

0.00 19,950.00
4,500.00
997.15

0.00 0.00
194,976.53
2,661.75

0.00 3,401.13
739.38

3.10 0.00

3.10 742.48
742.48
713448FW3 PEPSICO INC 5.125
11/10/2026
11/08/2023
11/10/2023
380,000.00
379,950.67

0.00 0.00
379,953.47
1,136.04

0.00 2,758.96
1,622.92

2.81 0.00

2.81 1,625.73
1,625.73
78016FZW7 ROYAL BANK OF CANADA 4.9
01/12/2028
03/30/2023
03/31/2023
1,000,000.00
998,901.86

0.00 0.00
998,936.36
18,919.44

0.00 23,002.78
4,083.33

34.50 0.00

34.50 4,117.83
4,117.83
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
15,057.63

0.00 19,914.93
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
5,001,911.27

0.00 0.00
5,001,492.75
5,000.00

0.00 8,333.33
3,333.33

0.00 (418.53)
(418.53)
2,914.81
2,914.81
907818GE2 UNION PACIFIC CORP 4.75
02/21/2026
02/13/2023
02/21/2023
470,000.00
469,925.00

0.00 0.00
469,933.49
6,201.39

0.00 8,061.81
1,860.42

8.49 0.00

8.49 1,868.91
1,868.91
9128285M8 UNITED STATES TREASURY

3.125 11/15/2028
12/28/2023
12/29/2023
2,000,000.00
1,954,012.16

0.00 0.00
1,955,104.51
2,887.23

0.00 7,982.34
5,095.11
1,092.35

0.00 1,092.35
6,187.46
6,187.46
91282CCZ2 UNITED STATES TREASURY

0.875 09/30/2026
09/30/2021
09/30/2021
3,000,000.00
2,994,822.44

0.00 0.00
2,995,142.05
4,446.72

0.00 6,598.36
2,151.64
319.60

0.00 319.60
2,471.24
2,471.24
91282CFJ5 UNITED STATES TREASURY

3.125 08/31/2029
10/30/2024
10/31/2024
2,000,000.00
1,925,395.18

0.00 0.00
1,926,837.29
15,794.84

0.00 20,889.95
5,095.11
1,442.10

3.875 09/30/2029
10/30/2024
10/31/2024
2,200,000.00
2,180,459.11

0.00 0.00
2,180,829.67
14,441.26

0.00 21,428.96
6,987.70
370.56

0.00 370.56
7,358.27
7,358.27
91282CFT3 UNITED STATES TREASURY 4.0
10/31/2029
04/29/2025
04/30/2025
2,500,000.00
2,523,077.33

0.00 0.00
2,522,648.12
8,695.65

0.00 16,847.83
8,152.17

0.00 (429.21)
(429.21)
7,722.96
7,722.96
91282CGQ8 UNITED STATES TREASURY 4.0
02/28/2030 2,700,000.00
2,697,285.77

0.00 0.00
2,697,332.75
27,293.48

0.00 36,097.83
8,804.35

46.99 0.00

46.99 8,851.33
8,851.33
91282CGS4 UNITED STATES TREASURY

3.625 03/31/2030
04/29/2025
04/30/2025
2,500,000.00
2,481,008.58

0.00 0.00
2,481,331.56
15,351.78

0.00 22,780.05
7,428.28
322.98

0.00 322.98
7,751.26
7,751.26
91282CGT2 UNITED STATES TREASURY

3.625 03/31/2028 1,000,000.00
1,822,460.10

0.00 (823,864.04)
998,648.65
11,206.80
5,964.91
9,112.02
3,870.14
109.40
(56.80)

52.59 3,922.73
3,922.73
91282CKD2 UNITED STATES TREASURY

4.25 02/28/2029
03/27/2024
03/28/2024
2,200,000.00
2,205,034.66

0.00 0.00
2,204,924.25
23,629.08

0.00 31,251.36
7,622.28

0.00 (110.41)
(110.41)
7,511.87
7,511.87
91282CKG5 UNITED STATES TREASURY

4.125 03/31/2029
05/28/2024
05/29/2024
2,200,000.00
2,169,245.95

0.00 0.00
2,169,905.44
15,372.95

0.00 22,811.48
7,438.52
659.49

0.00 659.49
8,098.01
8,098.01
91282CKP5 UNITED STATES TREASURY

4.625 04/30/2029 2,000,000.00
2,035,254.18

0.00 0.00
2,034,514.06
8,043.48

0.00 15,584.24
7,540.76

0.00 (740.12)
(740.12)
6,800.65
6,800.65
91282CKT7 UNITED STATES TREASURY 4.5
05/31/2029
06/13/2024
06/14/2024
2,200,000.00
2,219,803.57

0.00 0.00
2,219,396.65
270.49
49,500.00
8,385.25
57,614.75

0.00 0.00
2,032,481.22
26,740.33

0.00 33,370.17
6,629.83

0.00 (653.55)
(653.55)
5,976.29
5,976.29
91282CMA6 UNITED STATES TREASURY

4.125 11/30/2029
12/27/2024
12/30/2024
2,400,000.00
2,368,953.61

0.00 0.00
2,369,520.50
270.49
49,500.00
8,385.25
57,614.75
566.88

0.00 566.88
58,181.64
58,181.64
91282CMG3 UNITED STATES TREASURY

4.25 01/31/2030
04/29/2025
04/30/2025
2,500,000.00
2,549,558.16

0.00 0.00
2,548,686.17
35,514.50

0.00 44,319.75
8,805.25

0.00 (871.99)
(871.99)
7,933.26
7,933.26
91282CMZ1 UNITED STATES TREASURY

3.875 04/30/2030
05/29/2025
05/30/2025
2,700,000.00
2,681,563.52

0.00 0.00
2,681,871.83
9,097.83

0.00 17,627.04
8,529.21
308.30

0.00 308.30
8,837.51
8,837.51
91324PEU2 UNITEDHEALTH GROUP INC

4.25 01/15/2029
05/28/2024
05/29/2024
1,000,000.00
974,318.16

0.00 0.00
974,900.07
16,055.56

0.00 19,597.22
3,541.67
581.91

0.00 581.91
4,123.58
4,123.58
92970QAE5 WFCIT 2024-2 A 4.29
10/15/2029
10/17/2024
10/24/2024
560,000.00
559,926.86

0.00 0.00
559,928.23
1,067.73
2,002.00
1,067.73
2,002.00

1.37 0.00

1.37 2,003.37
2,003.37
Total Fixed Income 105,554,188.48
105,042,676.74
2,634,760.97
(2,584,819.04)
105,107,069.43
702,843.24
276,179.19
817,770.17
391,106.12
20,936.65
(6,485.89)
14,450.76
405,556.88 405,556.88
TOTAL PORTFOLIO 105,846,920.85
105,214,337.99
5,252,388.69
(4,982,893.00)
105,399,801.80
702,843.24
277,392.97
817,770.17
392,319.90
20,936.65
(6,485.89)
14,450.76
406,770.66 406,770.66
CONFIDENTIAL | 23
City of Orange | Account #10888 | As of June 30, 2025
Execution Time: 07/01/2025 06:54:57 PM 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 JULY 2025
07/01/2025 Dividend 31846V203 291,001.23 FIRST AMER:GVT OBLG Y 1,731.14 1,731.14 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 1,200,000.00 MASSMUTUAL GLOBAL FUNDING II 4.95 01/10/2030 29,700.00 29,700.00
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 09/15/2026 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 2,286.00 2,286.00 07/15/2025 Coupon 44935DAD1 330,000.00 HALST 2025-B A3 4.53 04/17/2028 1,245.75 1,245.75 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 279,328.65 JDOT 2023 A3 5.01 11/15/2027 1,156.17 1,156.17 07/15/2025 Principal Paydown 47800CAC0 279,328.65 JDOT 2023 A3 5.01 11/15/2027 20,400.03 20,400.03 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 58768YAD7 530,000.00 MBALT 2025-A A3 4.61 04/16/2029 2,036.08 2,036.08 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 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 362962AD4 985,000.00 GMALT 2025-2 A3 4.58 05/22/2028 3,931.79 3,931.79 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 CONFIDENTIAL | 24
City of Orange | Account #10888 | As of June 30, 2025
Execution Time: 07/01/2025 06:54:57 PM 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 43814VAC1 795,000.00 HAROT 2025-1 A3 4.57 09/21/2029 3,027.63 3,027.63 07/21/2025 Coupon 43815JAC7 116,900.53 HAROT 2023-1 A3 5.04 04/21/2027 509.89 509.89 07/21/2025 Principal Paydown 43815JAC7 116,900.53 HAROT 2023-1 A3 5.04 04/21/2027 12,340.95 12,340.95 07/25/2025 Coupon 05592XAD2 142,959.30 BMWOT 2023-A A3 5.47 02/25/2028 651.66 651.66 07/25/2025 Principal Paydown 05592XAD2 142,959.30 BMWOT 2023-A A3 5.47 02/25/2028 10,345.94 10,345.94 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 07/25/2025 Coupon 3137FPJG1 1,140,000.00 FHMS K-099 A2 2.595 09/25/2029 2,465.25 2,465.25 07/25/2025 Coupon 3137FRUT6 1,500,000.00 FHMS K-106 A2 2.069 01/25/2030 2,586.25 2,586.25 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 07/31/2025 Coupon 91282CMG3 2,500,000.00 UNITED STATES TREASURY 4.25 01/31/2030 53,125.00 53,125.00 July 2025 Total 819,818.07 388,662.59 1,208,480.66
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 09/15/2026 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 2,286.00 2,286.00 08/15/2025 Coupon 44935DAD1 330,000.00 HALST 2025-B A3 4.53 04/17/2028 1,245.75 1,245.75 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 279,328.65 JDOT 2023 A3 5.01 11/15/2027 1,071.00 1,071.00 08/15/2025 Principal Paydown 47800CAC0 279,328.65 JDOT 2023 A3 5.01 11/15/2027 18,826.85 18,826.85 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 58768YAD7 530,000.00 MBALT 2025-A A3 4.61 04/16/2029 2,036.08 2,036.08 08/15/2025 Coupon 92970QAE5 560,000.00 WFCIT 2024-2 A 4.29 10/15/2029 2,002.00 2,002.00 CONFIDENTIAL | 25
City of Orange | Account #10888 | As of June 30, 2025
Execution Time: 07/01/2025 06:54:57 PM 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 08/18/2025 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 08/20/2025 Coupon 362962AD4 985,000.00 GMALT 2025-2 A3 4.58 05/22/2028 3,931.79 3,931.79 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 18,217.27 18,217.27 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 116,900.53 HAROT 2023-1 A3 5.04 04/21/2027 458.06 458.06 08/21/2025 Principal Paydown 43815JAC7 116,900.53 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 142,959.30 BMWOT 2023-A A3 5.47 02/25/2028 604.50 604.50 08/25/2025 Principal Paydown 05592XAD2 142,959.30 BMWOT 2023-A A3 5.47 02/25/2028 10,030.47 10,030.47 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 08/25/2025 Coupon 3137FPJG1 1,140,000.00 FHMS K-099 A2 2.595 09/25/2029 2,465.25 2,465.25 08/25/2025 Coupon 3137FRUT6 1,500,000.00 FHMS K-106 A2 2.069 01/25/2030 2,586.25 2,586.25 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 59,038.83 206,064.85 265,103.68
SEPTEMBER 2025
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 2,700,000.00 UNITED STATES TREASURY 4.0 02/28/2030 54,000.00 54,000.00 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 09/15/2025 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 09/15/2026 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 CONFIDENTIAL | 26
City of Orange | Account #10888 | As of June 30, 2025
Execution Time: 07/01/2025 06:54:57 PM 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 09/15/2025 Coupon 44935CAD3 635,000.00 HART 2025-A A3 4.32 10/15/2029 2,286.00 2,286.00 09/15/2025 Coupon 44935DAD1 330,000.00 HALST 2025-B A3 4.53 04/17/2028 1,245.75 1,245.75 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 279,328.65 JDOT 2023 A3 5.01 11/15/2027 992.40 992.40 09/15/2025 Principal Paydown 47800CAC0 279,328.65 JDOT 2023 A3 5.01 11/15/2027 19,388.58 19,388.58 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 58768YAD7 530,000.00 MBALT 2025-A A3 4.61 04/16/2029 2,036.08 2,036.08 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 362962AD4 985,000.00 GMALT 2025-2 A3 4.58 05/22/2028 3,931.79 3,931.79 09/22/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,473.17 1,473.17 09/22/2025 Principal Paydown 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 18,867.27 18,867.27 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 116,900.53 HAROT 2023-1 A3 5.04 04/21/2027 407.81 407.81 09/22/2025 Principal Paydown 43815JAC7 116,900.53 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 142,959.30 BMWOT 2023-A A3 5.47 02/25/2028 558.77 558.77 09/25/2025 Principal Paydown 05592XAD2 142,959.30 BMWOT 2023-A A3 5.47 02/25/2028 9,813.69 9,813.69 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 09/25/2025 Coupon 3137FPJG1 1,140,000.00 FHMS K-099 A2 2.595 09/25/2029 2,465.25 2,465.25 09/25/2025 Coupon 3137FRUT6 1,500,000.00 FHMS K-106 A2 2.069 01/25/2030 2,586.25 2,586.25 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 91282CGS4 2,500,000.00 UNITED STATES TREASURY 3.625 03/31/2030 45,312.50 45,312.50 09/30/2025 Coupon 91282CGT2 1,000,000.00 UNITED STATES TREASURY 3.625 03/31/2028 18,125.00 18,125.00 09/30/2025 Coupon 91282CKG5 2,200,000.00 UNITED STATES TREASURY 4.125 03/31/2029 45,375.00 45,375.00 CONFIDENTIAL | 27
City of Orange | Account #10888 | As of June 30, 2025
Execution Time: 07/01/2025 06:54:57 PM 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 September 2025
Total 59,747.39 466,458.27 526,205.67
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 09/15/2026 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 2,286.00 2,286.00 10/15/2025 Coupon 44935DAD1 330,000.00 HALST 2025-B A3 4.53 04/17/2028 1,245.75 1,245.75 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 279,328.65 JDOT 2023 A3 5.01 11/15/2027 911.45 911.45 10/15/2025 Principal Paydown 47800CAC0 279,328.65 JDOT 2023 A3 5.01 11/15/2027 23,055.78 23,055.78 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 58768YAD7 530,000.00 MBALT 2025-A A3 4.61 04/16/2029 2,036.08 2,036.08 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 10/20/2025 Coupon 362962AD4 985,000.00 GMALT 2025-2 A3 4.58 05/22/2028 3,931.79 3,931.79 10/21/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,384.03 1,384.03 10/21/2025 Principal Paydown 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 18,121.39 18,121.39 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 116,900.53 HAROT 2023-1 A3 5.04 04/21/2027 358.76 358.76 10/21/2025 Principal Paydown 43815JAC7 116,900.53 HAROT 2023-1 A3 5.04 04/21/2027 11,244.65 11,244.65 10/27/2025 Coupon 05592XAD2 142,959.30 BMWOT 2023-A A3 5.47 02/25/2028 514.04 514.04 10/27/2025 Principal Paydown 05592XAD2 142,959.30 BMWOT 2023-A A3 5.47 02/25/2028 9,433.37 9,433.37 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 10/27/2025 Coupon 3137FPJG1 1,140,000.00 FHMS K-099 A2 2.595 09/25/2029 2,465.25 2,465.25 10/27/2025 Coupon 3137FRUT6 1,500,000.00 FHMS K-106 A2 2.069 01/25/2030 2,586.25 2,586.25 CONFIDENTIAL | 28
City of Orange | Account #10888 | As of June 30, 2025
Execution Time: 07/01/2025 06:54:57 PM 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 10/28/2025 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 91282CFT3 2,500,000.00 UNITED STATES TREASURY 4.0 10/31/2029 50,000.00 50,000.00 10/31/2025 Coupon 91282CKP5 2,000,000.00 UNITED STATES TREASURY 4.625 04/30/2029 46,250.00 46,250.00 10/31/2025 Coupon 91282CMZ1 2,700,000.00 UNITED STATES TREASURY 3.875 04/30/2030 52,312.50 52,312.50 October 2025 Total 13,606,855.19 305,194.02 13,912,049.22 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 09/15/2026 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 2,286.00 2,286.00 11/17/2025 Coupon 44935DAD1 330,000.00 HALST 2025-B A3 4.53 04/17/2028 1,245.75 1,245.75 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 279,328.65 JDOT 2023 A3 5.01 11/15/2027 815.19 815.19 11/17/2025 Principal Paydown 47800CAC0 279,328.65 JDOT 2023 A3 5.01 11/15/2027 26,962.77 26,962.77 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 58768YAD7 530,000.00 MBALT 2025-A A3 4.61 04/16/2029 2,036.08 2,036.08 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 11/20/2025 Coupon 362962AD4 985,000.00 GMALT 2025-2 A3 4.58 05/22/2028 3,931.79 3,931.79 CONFIDENTIAL | 29
City of Orange | Account #10888 | As of June 30, 2025
Execution Time: 07/01/2025 06:54:57 PM 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 11/21/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,298.40 1,298.40 11/21/2025 Principal Paydown 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 17,649.29 17,649.29 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 116,900.53 HAROT 2023-1 A3 5.04 04/21/2027 311.53 311.53 11/21/2025 Principal Paydown 43815JAC7 116,900.53 HAROT 2023-1 A3 5.04 04/21/2027 9,882.75 9,882.75 11/25/2025 Coupon 05592XAD2 142,959.30 BMWOT 2023-A A3 5.47 02/25/2028 471.04 471.04 11/25/2025 Principal Paydown 05592XAD2 142,959.30 BMWOT 2023-A A3 5.47 02/25/2028 8,679.47 8,679.47 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 11/25/2025 Coupon 3137FPJG1 1,140,000.00 FHMS K-099 A2 2.595 09/25/2029 2,465.25 2,465.25 11/25/2025 Coupon 3137FRUT6 1,500,000.00 FHMS K-106 A2 2.069 01/25/2030 2,586.25 2,586.25 November 2025
Total 63,174.28 115,145.66 178,319.95
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 09/15/2026 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 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 2,286.00 2,286.00 12/15/2025 Coupon 44935DAD1 330,000.00 HALST 2025-B A3 4.53 04/17/2028 1,245.75 1,245.75 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 279,328.65 JDOT 2023 A3 5.01 11/15/2027 702.62 702.62 12/15/2025 Principal Paydown 47800CAC0 279,328.65 JDOT 2023 A3 5.01 11/15/2027 18,022.89 18,022.89 12/15/2025 Coupon 47800DAD6 500,000.00 JDOT 2025 A3 4.23 09/17/2029 1,762.50 1,762.50 CONFIDENTIAL | 30
City of Orange | Account #10888 | As of June 30, 2025
Execution Time: 07/01/2025 06:54:57 PM 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 58768YAD7 530,000.00 MBALT 2025-A A3 4.61 04/16/2029 2,036.08 2,036.08 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 362962AD4 985,000.00 GMALT 2025-2 A3 4.58 05/22/2028 3,931.79 3,931.79 12/22/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,215.01 1,215.01 12/22/2025 Principal Paydown 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 16,738.46 16,738.46 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 116,900.53 HAROT 2023-1 A3 5.04 04/21/2027 270.02 270.02 12/22/2025 Principal Paydown 43815JAC7 116,900.53 HAROT 2023-1 A3 5.04 04/21/2027 9,435.88 9,435.88 12/25/2025 Coupon 05592XAD2 142,959.30 BMWOT 2023-A A3 5.47 02/25/2028 431.48 431.48 12/25/2025 Principal Paydown 05592XAD2 142,959.30 BMWOT 2023-A A3 5.47 02/25/2028 8,253.61 8,253.61 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 12/25/2025 Coupon 3137FPJG1 1,140,000.00 FHMS K-099 A2 2.595 09/25/2029 2,465.25 2,465.25 12/25/2025 Coupon 3137FRUT6 1,500,000.00 FHMS K-106 A2 2.069 01/25/2030 2,586.25 2,586.25 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 52,450.84 276,346.13 328,796.96
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 1,200,000.00 MASSMUTUAL GLOBAL FUNDING II 4.95 01/10/2030 29,700.00 29,700.00
01/12/2026 Coupon 78016FZW7 1,000,000.00 ROYAL BANK OF CANADA 4.9 01/12/2028 24,500.00 24,500.00 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 09/15/2026 4,598.04 4,598.04 CONFIDENTIAL | 31
City of Orange | Account #10888 | As of June 30, 2025
Execution Time: 07/01/2025 06:54:57 PM 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 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 2,286.00 2,286.00 01/15/2026 Coupon 44935DAD1 330,000.00 HALST 2025-B A3 4.53 04/17/2028 1,245.75 1,245.75 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 279,328.65 JDOT 2023 A3 5.01 11/15/2027 627.37 627.37 01/15/2026 Principal Paydown 47800CAC0 279,328.65 JDOT 2023 A3 5.01 11/15/2027 20,464.65 20,464.65 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 58768YAD7 530,000.00 MBALT 2025-A A3 4.61 04/16/2029 2,036.08 2,036.08 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 36271VAD9 430,000.00 GMALT 2025-1 A3 4.66 02/21/2028 1,669.83 1,669.83 01/20/2026 Coupon 362962AD4 985,000.00 GMALT 2025-2 A3 4.58 05/22/2028 3,931.79 3,931.79 01/21/2026 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,135.92 1,135.92 01/21/2026 Principal Paydown 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 16,400.70 16,400.70 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 116,900.53 HAROT 2023-1 A3 5.04 04/21/2027 230.39 230.39 01/21/2026 Principal Paydown 43815JAC7 116,900.53 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 142,959.30 BMWOT 2023-A A3 5.47 02/25/2028 393.85 393.85 01/26/2026 Principal Paydown 05592XAD2 142,959.30 BMWOT 2023-A A3 5.47 02/25/2028 8,095.92 8,095.92 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 Principal Paydown 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 9,356.67 9,356.67 01/26/2026 Coupon 096924AD7 680,000.00 BMWOT 2025-A A3 4.56 09/25/2029 2,584.00 2,584.00 01/26/2026 Coupon 3137FPJG1 1,140,000.00 FHMS K-099 A2 2.595 09/25/2029 2,465.25 2,465.25 01/26/2026 Coupon 3137FRUT6 1,500,000.00 FHMS K-106 A2 2.069 01/25/2030 2,586.25 2,586.25 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 728,547.21 261,316.00 989,863.21
CONFIDENTIAL | 32
City of Orange | Account #10888 | As of June 30, 2025
Execution Time: 07/01/2025 06:54:57 PM 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
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 02/02/2026 Coupon 91282CMG3 2,500,000.00 UNITED STATES TREASURY 4.25 01/31/2030 53,125.00 53,125.00 02/09/2026 Coupon 037833EB2 3,000,000.00 APPLE INC 0.7 02/08/2026 10,500.00 10,500.00 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 02/16/2026 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 2,286.00 2,286.00 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 279,328.65 JDOT 2023 A3 5.01 11/15/2027 541.93 541.93 02/16/2026 Principal Paydown 47800CAC0 279,328.65 JDOT 2023 A3 5.01 11/15/2027 13,533.56 13,533.56 02/16/2026 Coupon 47800DAD6 500,000.00 JDOT 2025 A3 4.23 09/17/2029 1,762.50 1,762.50 02/16/2026 Coupon 58768YAD7 530,000.00 MBALT 2025-A A3 4.61 04/16/2029 2,036.08 2,036.08 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 09/15/2026 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 44935DAD1 330,000.00 HALST 2025-B A3 4.53 04/17/2028 1,245.75 1,245.75 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 Final Maturity 62479MBH5 2,000,000.00 MUFG Bank, Ltd., New York Branch 02/17/2026 2,000,000.00 2,000,000.00 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 02/20/2026 Coupon 362962AD4 985,000.00 GMALT 2025-2 A3 4.58 05/22/2028 3,931.79 3,931.79 02/23/2026 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,058.43 1,058.43 02/23/2026 Principal Paydown 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 16,142.20 16,142.20 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 116,900.53 HAROT 2023-1 A3 5.04 04/21/2027 191.63 191.63 02/23/2026 Principal Paydown 43815JAC7 116,900.53 HAROT 2023-1 A3 5.04 04/21/2027 9,056.71 9,056.71 02/25/2026 Coupon 05592XAD2 142,959.30 BMWOT 2023-A A3 5.47 02/25/2028 356.95 356.95 CONFIDENTIAL | 33
City of Orange | Account #10888 | As of June 30, 2025
Execution Time: 07/01/2025 06:54:57 PM 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 02/25/2026 Principal Paydown 05592XAD2 142,959.30 BMWOT 2023-A A3 5.47 02/25/2028 7,978.26 7,978.26 02/25/2026 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,902.11 1,902.11 02/25/2026 Principal Paydown 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 24,537.89 24,537.89 02/25/2026 Coupon 096924AD7 680,000.00 BMWOT 2025-A A3 4.56 09/25/2029 2,584.00 2,584.00 02/25/2026 Coupon 3137FPJG1 1,140,000.00 FHMS K-099 A2 2.595 09/25/2029 2,465.25 2,465.25 02/25/2026 Coupon 3137FRUT6 1,500,000.00 FHMS K-106 A2 2.069 01/25/2030 2,586.25 2,586.25 02/26/2026 Coupon 17275RBR2 1,250,000.00 CISCO SYSTEMS INC 4.85 02/26/2029 30,312.50 30,312.50 February 2026
Total 5,071,248.63 280,463.05 5,351,711.68
MARCH 2026
03/02/2026 Coupon 857477CU5 1,285,000.00 STATE STREET CORP 4.536 02/28/2028 29,143.80 29,143.80 03/02/2026 Coupon 91282CFJ5 2,000,000.00 UNITED STATES TREASURY 3.125 08/31/2029 31,250.00 31,250.00 03/02/2026 Coupon 91282CGQ8 2,700,000.00 UNITED STATES TREASURY 4.0 02/28/2030 54,000.00 54,000.00 03/02/2026 Coupon 91282CKD2 2,200,000.00 UNITED STATES TREASURY 4.25 02/28/2029 46,750.00 46,750.00 03/09/2026 Coupon 24422EXD6 505,000.00 JOHN DEERE CAPITAL CORP 5.15 09/08/2026 13,003.75 13,003.75 03/16/2026 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 03/16/2026 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2026 4,598.04 4,598.04 03/16/2026 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 05/15/2029 2,074.71 2,074.71 03/16/2026 Coupon 06368LAQ9 1,000,000.00 BANK OF MONTREAL 4.7 09/14/2027 23,500.00 23,500.00 03/16/2026 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 03/16/2026 Coupon 3133EPDJ1 2,000,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.375 09/15/2027 43,750.00 43,750.00
03/16/2026 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 03/16/2026 Coupon 44935CAD3 635,000.00 HART 2025-A A3 4.32 10/15/2029 2,286.00 2,286.00 03/16/2026 Coupon 44935DAD1 330,000.00 HALST 2025-B A3 4.53 04/17/2028 1,245.75 1,245.75 03/16/2026 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 03/16/2026 Principal Paydown 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 3,205.45 3,205.45 03/16/2026 Coupon 47800CAC0 279,328.65 JDOT 2023 A3 5.01 11/15/2027 485.43 485.43 03/16/2026 Principal Paydown 47800CAC0 279,328.65 JDOT 2023 A3 5.01 11/15/2027 12,076.05 12,076.05 03/16/2026 Coupon 47800DAD6 500,000.00 JDOT 2025 A3 4.23 09/17/2029 1,762.50 1,762.50 03/16/2026 Coupon 58768YAD7 530,000.00 MBALT 2025-A A3 4.61 04/16/2029 2,036.08 2,036.08 03/16/2026 Coupon 92970QAE5 560,000.00 WFCIT 2024-2 A 4.29 10/15/2029 2,002.00 2,002.00 CONFIDENTIAL | 34
City of Orange | Account #10888 | As of June 30, 2025
Execution Time: 07/01/2025 06:54:57 PM 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 03/20/2026 Coupon 36271VAD9 430,000.00 GMALT 2025-1 A3 4.66 02/21/2028 1,669.83 1,669.83 03/20/2026 Coupon 362962AD4 985,000.00 GMALT 2025-2 A3 4.58 05/22/2028 3,931.79 3,931.79 03/20/2026 Coupon 459058LR2 635,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 4.125 03/20/2030 13,096.88 13,096.88
03/23/2026 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 982.15 982.15 03/23/2026 Principal Paydown 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 15,660.15 15,660.15 03/23/2026 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 03/23/2026 Coupon 43814VAC1 795,000.00 HAROT 2025-1 A3 4.57 09/21/2029 3,027.63 3,027.63 03/23/2026 Coupon 43815JAC7 116,900.53 HAROT 2023-1 A3 5.04 04/21/2027 153.59 153.59 03/23/2026 Principal Paydown 43815JAC7 116,900.53 HAROT 2023-1 A3 5.04 04/21/2027 8,792.64 8,792.64 03/25/2026 Coupon 05592XAD2 142,959.30 BMWOT 2023-A A3 5.47 02/25/2028 320.58 320.58 03/25/2026 Principal Paydown 05592XAD2 142,959.30 BMWOT 2023-A A3 5.47 02/25/2028 7,773.47 7,773.47 03/25/2026 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,796.19 1,796.19 03/25/2026 Principal Paydown 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 23,786.18 23,786.18 03/25/2026 Coupon 096924AD7 680,000.00 BMWOT 2025-A A3 4.56 09/25/2029 2,584.00 2,584.00 03/25/2026 Coupon 3137FPJG1 1,140,000.00 FHMS K-099 A2 2.595 09/25/2029 2,465.25 2,465.25 03/25/2026 Coupon 3137FRUT6 1,500,000.00 FHMS K-106 A2 2.069 01/25/2030 2,586.25 2,586.25 03/26/2026 Coupon 40139LBJ1 1,300,000.00 GUARDIAN LIFE GLOBAL FUNDING 4.179 09/26/2029 27,163.50 27,163.50
03/31/2026 Coupon 91282CCZ2 3,000,000.00 UNITED STATES TREASURY 0.875 09/30/2026 13,125.00 13,125.00 03/31/2026 Coupon 91282CFL0 2,200,000.00 UNITED STATES TREASURY 3.875 09/30/2029 42,625.00 42,625.00 03/31/2026 Coupon 91282CGS4 2,500,000.00 UNITED STATES TREASURY 3.625 03/31/2030 45,312.50 45,312.50 03/31/2026 Coupon 91282CGT2 1,000,000.00 UNITED STATES TREASURY 3.625 03/31/2028 18,125.00 18,125.00 03/31/2026 Coupon 91282CKG5 2,200,000.00 UNITED STATES TREASURY 4.125 03/31/2029 45,375.00 45,375.00 March 2026 Total 71,293.93 493,965.37 565,259.30
APRIL 2026
04/15/2026 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 04/15/2026 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2026 4,598.04 4,598.04 04/15/2026 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 05/15/2029 2,074.71 2,074.71 04/15/2026 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 04/15/2026 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 04/15/2026 Coupon 44935CAD3 635,000.00 HART 2025-A A3 4.32 10/15/2029 2,286.00 2,286.00 CONFIDENTIAL | 35
City of Orange | Account #10888 | As of June 30, 2025
Execution Time: 07/01/2025 06:54:57 PM 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 04/15/2026 Coupon 44935DAD1 330,000.00 HALST 2025-B A3 4.53 04/17/2028 1,245.75 1,245.75 04/15/2026 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,196.11 2,196.11 04/15/2026 Principal Paydown 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 35,932.62 35,932.62 04/15/2026 Coupon 47800CAC0 279,328.65 JDOT 2023 A3 5.01 11/15/2027 435.01 435.01 04/15/2026 Principal Paydown 47800CAC0 279,328.65 JDOT 2023 A3 5.01 11/15/2027 14,679.31 14,679.31 04/15/2026 Coupon 47800DAD6 500,000.00 JDOT 2025 A3 4.23 09/17/2029 1,762.50 1,762.50 04/15/2026 Coupon 58768YAD7 530,000.00 MBALT 2025-A A3 4.61 04/16/2029 2,036.08 2,036.08 04/15/2026 Coupon 92970QAE5 560,000.00 WFCIT 2024-2 A 4.29 10/15/2029 2,002.00 2,002.00 04/20/2026 Coupon 36271VAD9 430,000.00 GMALT 2025-1 A3 4.66 02/21/2028 1,669.83 1,669.83 04/20/2026 Coupon 362962AD4 985,000.00 GMALT 2025-2 A3 4.58 05/22/2028 3,931.79 3,931.79 04/21/2026 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 908.16 908.16 04/21/2026 Principal Paydown 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 16,043.41 16,043.41 04/21/2026 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 04/21/2026 Principal Paydown 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 18,287.21 18,287.21 04/21/2026 Coupon 43814VAC1 795,000.00 HAROT 2025-1 A3 4.57 09/21/2029 3,027.63 3,027.63 04/21/2026 Coupon 43815JAC7 116,900.53 HAROT 2023-1 A3 5.04 04/21/2027 116.66 116.66 04/21/2026 Principal Paydown 43815JAC7 116,900.53 HAROT 2023-1 A3 5.04 04/21/2027 8,875.13 8,875.13 04/27/2026 Coupon 05592XAD2 142,959.30 BMWOT 2023-A A3 5.47 02/25/2028 285.15 285.15 04/27/2026 Principal Paydown 05592XAD2 142,959.30 BMWOT 2023-A A3 5.47 02/25/2028 7,502.25 7,502.25 04/27/2026 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,693.51 1,693.51 04/27/2026 Principal Paydown 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 23,915.88 23,915.88 04/27/2026 Coupon 096924AD7 680,000.00 BMWOT 2025-A A3 4.56 09/25/2029 2,584.00 2,584.00 04/27/2026 Coupon 3137FPJG1 1,140,000.00 FHMS K-099 A2 2.595 09/25/2029 2,465.25 2,465.25 04/27/2026 Coupon 3137FRUT6 1,500,000.00 FHMS K-106 A2 2.069 01/25/2030 2,586.25 2,586.25 04/30/2026 Coupon 3133ERDH1 2,100,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.75 04/30/2029 49,875.00 49,875.00
04/30/2026 Coupon 91282CFT3 2,500,000.00 UNITED STATES TREASURY 4.0 10/31/2029 50,000.00 50,000.00 04/30/2026 Coupon 91282CKP5 2,000,000.00 UNITED STATES TREASURY 4.625 04/30/2029 46,250.00 46,250.00 04/30/2026 Coupon 91282CMZ1 2,700,000.00 UNITED STATES TREASURY 3.875 04/30/2030 52,312.50 52,312.50 April 2026 Total 125,235.82 245,869.11 371,104.92
MAY 2026
05/11/2026 Coupon 713448FW3 380,000.00 PEPSICO INC 5.125 11/10/2026 9,737.50 9,737.50 CONFIDENTIAL | 36
City of Orange | Account #10888 | As of June 30, 2025
Execution Time: 07/01/2025 06:54:57 PM 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 05/15/2026 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 05/15/2026 Final Maturity 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 350,000.00 350,000.00 05/15/2026 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2026 4,598.04 4,598.04 05/15/2026 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 05/15/2029 2,074.71 2,074.71 05/15/2026 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 05/15/2026 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 05/15/2026 Principal Paydown 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 11,480.60 11,480.60 05/15/2026 Coupon 44935CAD3 635,000.00 HART 2025-A A3 4.32 10/15/2029 2,286.00 2,286.00 05/15/2026 Coupon 44935DAD1 330,000.00 HALST 2025-B A3 4.53 04/17/2028 1,245.75 1,245.75 05/15/2026 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,040.40 2,040.40 05/15/2026 Principal Paydown 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 32,060.85 32,060.85 05/15/2026 Coupon 47800CAC0 279,328.65 JDOT 2023 A3 5.01 11/15/2027 373.73 373.73 05/15/2026 Principal Paydown 47800CAC0 279,328.65 JDOT 2023 A3 5.01 11/15/2027 14,599.52 14,599.52 05/15/2026 Coupon 47800DAD6 500,000.00 JDOT 2025 A3 4.23 09/17/2029 1,762.50 1,762.50 05/15/2026 Coupon 58768YAD7 530,000.00 MBALT 2025-A A3 4.61 04/16/2029 2,036.08 2,036.08 05/15/2026 Coupon 9128285M8 2,000,000.00 UNITED STATES TREASURY 3.125 11/15/2028 31,250.00 31,250.00 05/15/2026 Coupon 92970QAE5 560,000.00 WFCIT 2024-2 A 4.29 10/15/2029 2,002.00 2,002.00 05/18/2026 Coupon 58933YBH7 1,250,000.00 MERCK & CO INC 4.05 05/17/2028 25,312.50 25,312.50 05/20/2026 Coupon 36271VAD9 430,000.00 GMALT 2025-1 A3 4.66 02/21/2028 1,669.83 1,669.83 05/20/2026 Coupon 362962AD4 985,000.00 GMALT 2025-2 A3 4.58 05/22/2028 3,931.79 3,931.79 05/21/2026 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 832.36 832.36 05/21/2026 Principal Paydown 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 15,441.39 15,441.39 05/21/2026 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,329.61 2,329.61 05/21/2026 Principal Paydown 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 37,522.75 37,522.75 05/21/2026 Coupon 43814VAC1 795,000.00 HAROT 2025-1 A3 4.57 09/21/2029 3,027.63 3,027.63 05/21/2026 Coupon 43815JAC7 116,900.53 HAROT 2023-1 A3 5.04 04/21/2027 79.39 79.39 05/21/2026 Principal Paydown 43815JAC7 116,900.53 HAROT 2023-1 A3 5.04 04/21/2027 8,556.61 8,556.61 05/25/2026 Coupon 05592XAD2 142,959.30 BMWOT 2023-A A3 5.47 02/25/2028 250.95 250.95 05/25/2026 Principal Paydown 05592XAD2 142,959.30 BMWOT 2023-A A3 5.47 02/25/2028 6,557.81 6,557.81 05/25/2026 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,590.27 1,590.27 05/25/2026 Principal Paydown 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 22,955.65 22,955.65 05/25/2026 Coupon 096924AD7 680,000.00 BMWOT 2025-A A3 4.56 09/25/2029 2,584.00 2,584.00 CONFIDENTIAL | 37
City of Orange | Account #10888 | As of June 30, 2025
Execution Time: 07/01/2025 06:54:57 PM 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 05/25/2026 Coupon 3137FPJG1 1,140,000.00 FHMS K-099 A2 2.595 09/25/2029 2,465.25 2,465.25 05/25/2026 Coupon 3137FRUT6 1,500,000.00 FHMS K-106 A2 2.069 01/25/2030 2,586.25 2,586.25 May 2026 Total 499,175.18 113,194.45 612,369.63
Grand Total 341,483,147.69 21,156,585.37 3,152,679.50 24,309,264.87 CONFIDENTIAL | 38
City of Orange | Account #10888 | As of June 30, 2025
Execution Time: 07/01/2025 06:54:57 PM 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.

BENCHMARK INDEX & DISCLOSURES
Benchmark Disclosure
ICE BofA 1-5 Yr US Treasury & Agency
Index
The ICE BofA 1-5 Year US Treasury & Agency Index tracks the performance of US dollar denominated US Treasury and nonsubordinated US agency debt issued in the US domestic market. Qualifying securities must have an investment grade rating (based on an average of Moody’s, S&P and Fitch). Qualifying securities must have at least one year remaining term to final maturity and less than five years remaining term to final maturity, at least 18 months to maturity at time of issuance, a fixed coupon schedule, and a minimum amount outstanding of $1 billion for sovereigns and $250 million for agencies.

Orange City CouncilAugust 12, 2025

Orange City Council
August 12, 2025