Attachment B - Investment Report — San Jose City Council, January 13, 2026

PSFSS COMMITTEE AGENDA: 12/04/25
FILE: CC 25-155
ITEM: (c)2

ATTACHMENT B

11/17/2025

TO: HONORABLE MAYOR FROM: Maria Öberg

AND CITY COUNCIL

SUBJECT: First Quarter Investment Report DATE: November 7, 2025 for the Quarter Ended
September 30, 2025

Approved Date:

Transmitted herewith is the City Investment Report for the quarter ended September 30, 2025. To meet the reporting requirements set forth in the City of San José Investment Policy, an electronic version of this report will be posted on the City’s website at https://www.sanjoseca.gov/your-government/departments-offices/finance/reports/-folder- 450, and a hard copy will be on file at the City Clerk’s Office located at 200 East Santa Clara Street, San José.

This report will be distributed to the Public Safety, Finance and Strategic Support Committee (PSFSS) for discussion during its meeting on December 4, 2025 and will be agendized through the PSFSS Committee for review by the full City Council on January 13, 2026.

Summary of portfolio performance and compliance for quarter ended September 30, 2025:

• Size of total portfolio: $2,604,930,030
• Earned interest yield: 4.025%
• Weighted average days to maturity: 669 days
• Fiscal year-to-date net interest earnings: $27,107,542 • No exceptions to the City’s Investment Policy during this quarter

During the quarter, the City’s external auditor, Macias, Gini, & O’Connell LLP, evaluated the City’s investment program for the six-month period ended June 30, 2025. The Independent Accountant’s Report on Applying Agreed-Upon Procedure is included herewith. The report noted no exceptions to the Investment Policy.

If you have questions on this investment report, please do not hesitate to call me at (408) 535-7011, or via email at [email protected].

/s/
MARIA ÖBERG
Director, Finance Department cc: Jennifer A. Maguire, City Manager Joe Rois, City Auditor
Susana Alcala Wood, City Attorney

HONORABLE MAYOR AND CITY COUNCIL
Subject: Investment Report for Quarter Ended September 30, 2025 November 7, 2025

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HONORABLE MAYOR AND CITY COUNCIL
Subject: Investment Report for Quarter Ended September 30, 2025 November 7, 2025

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City of San José
California

INVESTMENT REPORT FOR THE

QUARTER ENDED
SEPTEMBER 30, 2025

Prepared by
Finance Department
Debt and Treasury Management Division

Maria Öberg
Director of Finance

HONORABLE MAYOR AND CITY COUNCIL
Subject: Investment Report for Quarter Ended September 30, 2025 November 7, 2025

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Investment Report for
The Quarter Ended
September 30, 2025

City of San José
Department of Finance
Debt and Treasury Management Division

Maria Öberg
Director of Finance

Qianyu Sun
Deputy Director of Finance,
Debt & Treasury Management Division

Investment Staff

Brian Chi, Principal Investment Officer
Cesar Blengino, Financial Analyst
Chheth Kim, Accounting Technician

Special Assistance by

Katie Su, Senior Accountant
Mia Huang, Accountant
Margarita Carrazco, Administrative Officer

HONORABLE MAYOR AND CITY COUNCIL
Subject: Investment Report for Quarter Ended September 30, 2025 November 7, 2025

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HONORABLE MAYOR AND CITY COUNCIL
Subject: Investment Report for Quarter Ended September 30, 2025 November 7, 2025

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CITY OF SAN JOSE

INVESTMENT REPORT FOR
THE QUARTER ENDED SEPTEMBER 30, 2025

TABLE OF CONTENTS

LETTER OF TRANSMITTAL
SECTION A. PORTFOLIO STATISTICS
Portfolio Statistics – Quarter-to-Date
SECTION B. TOTAL EARNINGS REPORTS
Total Earnings – Quarter-to-Date
SECTION C.

SECTION D.

PORTFOLIO HOLDINGS AT COST

Investment Status Report

MARKET VALUE OF PORTFOLIO
Portfolio Details - Investments
SECTION E. DETAIL OF INVESTMENT ACTIVITY
Transaction Activity Report
Reconciliation of Investment Activities
Purchase Report
SECTION F. INDEPENDENT ACCOUNTANT’S REPORT
Independent Accountant’s Report on Applying Agreed-
Upon Procedures as of June 30, 2025

HONORABLE MAYOR AND CITY COUNCIL
Subject: Investment Report for Quarter Ended September 30, 2025 November 7, 2025

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HONORABLE MAYOR AND CITY COUNCIL
Subject: Investment Report for Quarter Ended September 30, 2025 November 7, 2025

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November 7, 2025

HONORABLE MAYOR and CITY COUNCIL

INVESTMENT REPORT FOR THE QUARTER ENDED SEPTEMBER 30, 2025

I am pleased to present this report of investment activity for the quarter ended September 30, 2025, in compliance with the reporting requirements set forth in the City of San José Investment Policy. The report presents information in the following major categories: Portfolio Statistics, Portfolio Performance, Compliance Reporting Requirements, Investment Trading Activity, and Investment Strategy.

The information presented in the table below highlights the investment activity for the quarter ended September 30, 2025, and provides a comparison to the quarters ended June 30, 2025, and September 30, 2024.

INVESTMENT

SUMMARY
For the Quarter Ended September 30, 2025 June 30, 2025 September 30, 2024

Total Portfolio

Portfolio Value (1) (2) $2,604,930,030 $2,980,651,143 $2,522,084,221 Earned Interest Yield 4.025% 3.805% 3.605%

Dollar-weighted average yield
Purchases 4.087% 4.257% 4.405%
Maturities 3.979% 2.117% 4.939%
Called Securities 4.792% 5.120% 5.033%

Weighted avg. yield at end of
period

4.022% 4.046% 3.502%
Weighted avg. days to maturity 669 560 646

1 Reflects book value (principal plus any purchased interest) of investments. 2 Total excludes bond proceeds held by trustees for the City of San José ($426,082,851).

HONORABLE MAYOR AND CITY COUNCIL
Subject: Investment Report for Quarter Ended September 30, 2025 November 7, 2025

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PORTFOLIO STATISTICS

Detailed information can be found in the attachments while summaries are provided below.

Portfolio Composition

Within this section are snapshots of the City’s total investment portfolio as of September 30, 2025.

The first graph shows the portfolio composition by investment type.

Portfolio Composition
$2,604,930,030

U.S. Treasury
345,235,402 13.3%
U.S. Agency
799,920,455 30.7%
Supranationals
117,439,706 4.5%
Commercial
Paper
24,531,771 0.9%
Corporate Notes
553,292,644 21.2%
Asset Backed
Securities
13,754,679 0.5%
Muni Bonds
291,569,882

11.2%
Mortgage
Backed
Securities
242,509,555

9.3%
JPAP
175,105,517 6.7%
LAIF
41,570,419 1.6%

HONORABLE MAYOR AND CITY COUNCIL
Subject: Investment Report for Quarter Ended September 30, 2025 November 7, 2025

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The graph below reflects the reconciliation of total balances reported by the investment program’s record-keeping system to the City’s Financial Management System (FMS).

Balances by Fund Type
1 $2,612,351,326

Portfolio Balance $2,604,930,030
General Banking Balance 5,113,405
Deposit-in-Transit, Outstanding Checks2 2,307,891 Total Balances per FMS $2,612,351,326

1 General Fund includes $157,401,983 of General Fund (Fund 001) as well as $208,173,340 of other General Fund funds which are separately tracked including the Depositor Fund, Developer Fees, Real Property Transfer and other smaller funds and reserves.
2 Reflects timing difference between when deposits are made and accounted for in FMS or when checks are written and not yet cashed by the receiving party.

Internal Services Fund
$21,631,831
Airport
$400,526,986 Capital Projects
$59,555,848
Debt Service
$64,254,568
Development Fees
$67,456,035
General Fund
$365,575,323
Muni Water
$47,204,020
Parking
$30,490,927
Housing
$292,932,639
Special Revenue
Funds
$421,047,601
Wastewater
$469,868,078
Trust & Agency
$5,141,894
SJ Clean Energy
$366,665,576

HONORABLE MAYOR AND CITY COUNCIL
Subject: Investment Report for Quarter Ended September 30, 2025 November 7, 2025

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General Fund Balances

The General Fund balances decreased by $415 million during the quarter and ended with a balance of $366 million as of September 30, 2025. This decrease is attributed to the prefunding of employer retirement contributions towards Police and Fire Retirement Plan Tier 1 pension and other post-employment benefit in July 2025, and debt service payments in August 2025. General Fund cash balances usually peak during the months of January and June, when the bulk of property taxes are received, and decline in the summer months due to retirement prefunding, debt service payments and operational expenditures.

The following graph compares monthly balances of five largest City funds as reported by FMS.

Monthly Comparison of Balances by Fund Type
September 2023 – September 2025

Prefunding of Annual Retirement Contributions

The City opted to prefund Police and Fire Retirement Plan Tier 1 annual employer retirement contributions along with Other Post-Employment Benefit (OPEB) contributions for Fiscal Year 2024-25 with cash and matured investments on July 1, 2025. The total prefunding amount was $227 million.

Successor Agency to the Redevelopment Agency of the City of San José

Historically, the Redevelopment Agency participated in the City investment pool with both restricted bond proceeds and operating cash balances. As of February 1, 2012, redevelopment agencies in California were dissolved by legislative action and the City, as the Successor Agency to the Redevelopment Agency (SARA), transferred the Redevelopment Agency funds from the investment pool to SARA bank accounts. In July 2018, the City entered the final stage of dissolution and absorbed the remaining SARA operations into City operations. City staff will continue to manage SARA’s accounts until all assets are liquidated and bonds are redeemed.

$0
$200
$400
$600
$800
$1000
Sep-23 Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 Sep-25 Dollars in millions
General Fund Wastewater Airport Housing Special Revenue Fund

HONORABLE MAYOR AND CITY COUNCIL
Subject: Investment Report for Quarter Ended September 30, 2025 November 7, 2025

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As of September 30, 2025, SARA reported cash balances as outlined in the table below:

SARA CASH SUMMARY
Pledged for
Bond/Enforceable
Obligations

LAIF $6,563,006

Wells Fargo General Account: $109,283

Wilmington Trust Funds $17,728 (A)
TOTAL $6,690,017
(A) Funds restricted for tax allocation bond debt service payments

PORTFOLIO PERFORMANCE

The following table illustrates the total portfolio income recognized for the last quarter as compared to the prior quarter and the same quarter one year ago.

TOTAL PORTFOLIO INCOME RECOGNIZED
Accrual Basis
Total Portfolio September 30, 2025 June 30, 2025 September 30, 2024 Quarter-End
Total interest earnings $27,107,328 $25,674,119 $23,906,900 Realized gains (losses) $214 $11,577 $115,521
Total income recognized $27,107,542 $25,685,696 $24,002,421

Fiscal Year-to-Date
Total interest earnings $27,107,328 $95,630,775 $23,906,900 Realized gains (losses) $214 $188,390 $115,521
Total income recognized $27,107,542 $95,819,165 $24,002,421

HONORABLE MAYOR AND CITY COUNCIL
Subject: Investment Report for Quarter Ended September 30, 2025 November 7, 2025

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Yield and Maturity Trend

The following graph illustrates the monthly dollar-weighted average maturity (WAM) of the Portfolio (bar graph) along with the weighted average yield (line graph) for the past two years.

Portfolio Yield and Maturity Trends
September 2023 – September 2025

The Portfolio’s WAM increased from 560 days on June 30, 2025, to 669 days on September 30, 2025. The weighted average yield decreased from 4.046 on June 30, 2025, to 4.022 on September 30, 2025. The increase in WAM and decrease in yield is attributed to the large cash outlays associated with the retirement prefunding and debt service prepayments. Additionally, the yield on the remaining cash declined due to a lower overnight Federal Funds rate.

Economic activity continued along its anemic trajectory throughout the quarter as both hiring and firing remained muted. This has meant that workers are reluctant to leave their existing jobs, and those out of work remain so for a longer period. Standard revisions to the Bureau of Labor Statistics reported Non-Farm Payrolls indicated slight job losses throughout the early part of the year.

The Federal Reserve Open Market Committee (FOMC) lowered the Federal Funds Rate by a quarter percentage point at the September meeting. Federal Reserve Officials have reported that they see the rate of job creation running below the

0.00 0.50

1.00 1.50

2.00 2.50

3.00 3.50

4.00 4.50
400
450
500
550
600
650
700
750
800
Sep-23 Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 Sep-25 Weighted Average Yield (%)
Weighted Average Maturity
Weighted Average Maturity Weighted Average Yield

HONORABLE MAYOR AND CITY COUNCIL
Subject: Investment Report for Quarter Ended September 30, 2025 November 7, 2025

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breakeven rate. This weakening of the labor market is balanced against the threat of higher inflation. Bond market participants see further cuts to the Federal Funds Rate at the remaining FOMC meetings.

With the beginning of the FOMC cutting cycle, yields have moved down within the five- year range. Yields on short-term bonds are above where they were five years ago, but below the recent highs from only a year ago.

Comparison with Benchmarks

The City’s Portfolio is compared against benchmarks for performance purposes. The following graph demonstrates a yield comparison by month of the City’s Portfolio, the California LAIF, and the BAML Index for the period from September 2023 to September 2025.

Portfolio vs. Benchmarks
September 2023 – September 2025

Notes:

1. City refers to the City's Portfolio, and the yield data are month-end weighted average yields.

2. LAIF refers to the State of California Local Agency Investment Fund and yield data are average monthly effective yields.

3. BAML refers to the Bank of America Merrill Lynch 1-3 Year AAA-A US Corporate & Government Index, and yield data are rolling 2-year effective yields.

LAIF is a short-term investment option available to local agencies in California. LAIF’s WAM was 254 days as of September 30, 2025, much shorter than the City’s portfolio WAM of 669 days. In the context of the current market, short term yields remain high as the Federal Funds Rate is still elevated, but beyond 3 months, yields come down on

0.00 0.50

1.00 1.50

2.00 2.50

3.00 3.50

4.00 4.50

5.00 Sep-23 Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 Sep-25 Yield (%)
City LAIF BAML
Yield WAM
BAML: 4.424% 679
LAIF: 4.212% 254
CITY: 4.022% 669

HONORABLE MAYOR AND CITY COUNCIL
Subject: Investment Report for Quarter Ended September 30, 2025 November 7, 2025

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the expectation of further Federal Funds Rate cuts at future meetings. Longer term yields have declined slightly but remain elevated due to concerns regarding inflation.

The City’s portfolio is longer relative to LAIF and thus less sensitive to Federal Funds Rate cuts. As future cuts take hold, the City’s portfolio should further decrease the gap with LAIF.

The BAML Index is a broad market index that tracks dollar-denominated, investment-grade bonds with a remaining maturity of up to three (3) years. To simulate an index portfolio for comparison purposes, Treasury staff calculates a 2-year rolling average of daily BAML Index effective yields. The City’s Investment Policy allows investments in several sectors, up to a 5-year final maturity. Similar to LAIF, as the yield curve normalizes, staff expects to see the BAML yield decline, although due to the rolling average, the decline in yield may be slower than LAIF.

Unrealized Losses and Gains

As shown in the Investment Summary Table on page one of this report, the total portfolio size as of September 30, 2025, was approximately $2.60 billion. The following table illustrates the net unrealized gains or losses on the portfolio when comparing the portfolio’s market value to both its original cost and amortized cost for the quarter ending September 30, 2025.

UNREALIZED GAINS & LOSSES
Cash Basis
Original Cost Amortized Cost
Market Value $2,637,488,615 Market Value $2,637,488,615 Original Cost (2,604,930,030) Amortized Cost (2,625,330,333) Net Unrealized Gain $ 32,558,585 Net Unrealized Gain $ 12,158,282

An inverse relationship exists between changes in interest rates (Yield) and the value (Price) of fixed income investment securities. As interest rates decrease, the value of fixed income investments increases. Conversely, as interest rates increase, the value of fixed income investments decrease. The City’s investment practice, per the Investment Policy, is generally to hold securities to maturity, with exceptions as noted in the Investment Policy. The net unrealized gains noted above are “paper gains” and would only be realized if securities were sold prior to maturity.

The inverse relationship between interest rates and value has led to an unrealized gain in FY Q1 2026 of $32 million (as compared with original cost) and an unrealized gain of $12 million (as compared with amortized cost) as of September 30, 2025, respectively, as shown in the table above. As interest rates are projected to decline in late 2025, this may lead to additional unrealized gains.

HONORABLE MAYOR AND CITY COUNCIL
Subject: Investment Report for Quarter Ended September 30, 2025 November 7, 2025

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Earned Interest Yield

The earned interest yield of the total investment portfolio for the quarter ended September 30, 2025, was 4.025%, 0.22% higher than the previous quarter and 0.42% higher than a year ago.

COMPLIANCE REPORTING REQUIREMENTS

Pursuant to Section 21.0 of the City’s Investment Policy, “No less than semi-annually each year, a compliance audit shall be conducted of the City’s investment program to determine whether the City’s investments within the City’s pooled portfolio are in compliance with the City’s Investment Policy, internal controls and department procedures.” These compliance audits per the Investment Policy can be included in the City Auditor’s work plan or can be conducted by an external auditor at the request of the Director of Finance. During the quarter, the City Auditor’s Office engaged the services of Macias, Gini, & O’Connell LLP (MGO) to audit the City’s investments within the pooled portfolio.

MGO completed its evaluation for the six-month period ended June 30, 2025, and found the City’s investment program in compliance with the City’s Investment Policy, internal controls, and department procedures. The report noted no exceptions to the Investment Policy. A copy of the Independent Accountant’s Agreed-Upon Procedures Report is attached to this quarterly report (Section F).

Cash Management Projection

Based on the Finance Department’s pooled cash flow projection as of September 30, 2025, total revenues, investment maturities and cash for the next six months are anticipated to be approximately $2.3 billion. This is sufficient to cover projected expenditures of approximately $2.2 billion.

Statement of Compliance with the Policy

There were no exceptions or violations outstanding for the quarter ended September 30, 2025. The investment portfolio meets the requirements of the City’s Investment Policy and California Government Code Section 53601.

Comparison of Portfolio Investment Earnings to FY 2025-26 Budget

The following is a comparison of actual General Fund investment earnings, on an accrual basis, to the Fiscal Year 2025-26 budget. The Fiscal Year 2025-26 Budget included $16 million for interest earnings for the General Fund, based on an assumed net interest yield of 3.90%. The schedule below compares the unaudited actual net investment earnings to the General Fund budget for the quarter ended September 30, 2025. The actual interest earning rates are greater than the forecast for the quarter and for the fiscal year.

HONORABLE MAYOR AND CITY COUNCIL
Subject: Investment Report for Quarter Ended September 30, 2025 November 7, 2025

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BUDGET COMPARISON
Net Investment Earnings Yield
Quarter Ended
Budget(a) 3.90%
Actual(b) 3.88%
Variance (0.02)%
Fiscal Year to Date
Budget(a) 3.90%
Actual(b) 3.88%
Variance (0.02)%
(a) Reflects the 2026-2030 General Fund Forecast Information submitted by Finance on January 31, 2025.
(b) Reflects the earned interest yield less costs to administer the investment program, adjusted for funds with negative cash balances at month end.

INVESTMENT TRADING ACTIVITY
Section E provides details of the City’s investment activities, including purchases, maturities, amortization, interest received, and realized gains or losses from trading activities.

In general, the City holds all securities to maturity. On rare occasions, the City may liquidate holdings to raise cash or as allowed under the Investment Policy.

INVESTMENT STRATEGY AND MARKET UPDATE

The Investment Program continues to focus on its core mandates of safety, liquidity, and yield. Staff continues its effort to match known cash flow outlays in the next 24- month horizon with investment maturities. Beyond the 24-month horizon, staff selectively invests in various assets classes and maturity buckets to diversify the portfolio structure and maximize the portfolio’s earnings potential, as allowed by the Investment Policy.

Revisions to economic indicators have shown that the economy is not as resilient as many expected. The Federal Reserve is thus caught between a softer labor market and potentially sticky inflation. Political interference in the historically independent Federal Reserve also presents a risk to economic and market performance. Staff will continue to structure the City’s treasury portfolio to ensure sufficient liquidity in the event of weaker economic performance and the attending decreased revenues.

HONORABLE MAYOR AND CITY COUNCIL
Subject: Investment Report for Quarter Ended September 30, 2025 November 7, 2025

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Investment staff will closely monitor market developments, continue to focus on the overall quality of the portfolio and invest with care, prudence, and diligence.

Future Commitments – As of September 30, 2025, the City had no obligations to sell securities and no commitments to participate in securities trading.

Executed Reverse Repurchase Agreements – No reverse repurchase agreements were executed this quarter.

Restructuring – No restructuring activities took place during this quarter.

CONCLUSION

The total investment portfolio as of September 30, 2025, was $2,604,930,030 a decrease of approximately $376 million from the previous quarter. For the quarter ended September 30, 2025, the earned interest yield increased from 3.805% to 4.025% as compared to the quarter ended June 30, 2025, and the weighted average days to maturity increased from 560 days to 669 days over the same period. As of September 30, 2025, approximately 44% of the total portfolio was invested in U.S. Treasuries and Agency securities.

/s/
MARIA ÖBERG
Director of Finance

SECTION A

PORTFOLIO STATISTICS
Portfolio Statistics summarizes information such as interest received, net earnings received, average daily and ending portfolio balance, yield and days to maturity of the portfolio. Please see statistic definitions as below:

TOTAL INTEREST RECEIVED IN THIS PERIOD: Represents the cash basis receipts for the report period. Includes the total actual interest receipts less accrued interest purchased (if not offset by prior coupon payment) and further modified by the gain or loss amounts incurred through sales during the period.

TOTAL NET EARNINGS THIS PERIOD: Represents the accrued net earnings for the period. Encompasses the net of interest accrual, premium amortization, discount accretion, and gains/losses from sales.

AVERAGE DAILY PORTFOLIO BALANCE: The sum of daily investment balances (cost-adjusted by amortization/accretion postings) during the actual period, including weekends and holidays, divided by the number of days in the reporting period.

EARNED INTEREST YIELD THIS PERIOD: The total net accrued earnings this period, divided by the number of days within the report period, then multiplied by 365 days, and divided by the average daily investment balance.

END OF PERIOD PORTFOLIO BALANCE: The sum of all investment balances (adjusted cost basis) which are active at the end of the report.

WEIGHTED AVERAGE YIELD AT END OF PERIOD: The sum of all end of period investment balances, each multiplied by its ending sub-period yield, then divided by the sum of the end of period investment balances (current book value or adjusted costs basis).

WEIGHTED AVERAGE DAYS TO MATURITY: The sum of all investment cost balances for securities active at the end of the report period, each multiplied by the days to maturity, then divided by total investment costs.

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Fund 003
TOTAL INCOME RECEIVED IN THIS PERIOD: 30,577,325.70
TOTAL NET EARNINGS THIS PERIOD: 27,107,541.58
AVERAGE DAILY PORTFOLIO BALANCE: 2,669,623,916.77
EARNED INCOME YIELD THIS PERIOD 4.025
END OF PERIOD PORTFOLIO BALANCE: 2,604,930,029.93
CURRENT AMORTIZED BOOK VALUE: 2,623,982,335.63
WEIGHTED AVERAGE YIELD AT END OF PERIOD: 4.022
WEIGHTED AVERAGE DAYS OF MATURITY: 669

City of San Jose
Portfolio Statistics
Fund: 003
7/1/25 THROUGH 9/30/25

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SECTION B

TOTAL EARNINGS REPORT
Total Earnings Report summarizes portfolio remaining cost, annualized yield, interest earned, amortization of premium and discount, and realized gain/loss for all investments a
ctive during th e report period.

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City of San Jose
Total Earnings
City of San Jose
200 E. Santa Clara St.

San Jose, CA 95113
Sorted by Fund - Investment Number
July 1, 2025 - September 30, 2025
Current
Rate
Ending
Par Value
Average
Fund Remaining Cost
Beginning
Remaining Cost
Adjusted Interest Earnings
Accretion
Amortization/
Earnings
Adjusted InterestAnnualized
YieldCUSIP Investment #
Interest
EarnedIssuer
Realized
Gainl/Loss
Fund: General Pool
2,611,473.0632936 2,623,819.39 4.200STPOOL 28,574.39 0.00 28,574.394.341003 2,542,686.35CITY 0.00

0.0036512 0.00 4.070FEDRAT 3.30 0.00 3.30003 0.00VP6000104 0.00 38,891,726.9437042 38,946,599.27 4.200STPOOL 425,548.08 0.00 425,548.084.341003 38,586,009.69CSJFA 0.00 1,686,838.0440297 0.00 0.660MDS 2,750.00 -101.89 2,648.110.623003 5,006,100.00574193TR9 0.00 353,243.2140299 0.00 0.500FAMC 451.39 0.91 452.300.508003 2,499,875.0031422BJ27 0.00 4,924,619.5740304 0.00 0.520GAS 6,333.17 0.00 6,333.170.510003 14,615,000.00373385FQ1 0.00 4,551,476.0940309 0.00 0.375FHLMC 4,270.83 686.37 4,957.200.432003 4,984,950.003137EAEX3 0.00 5,014,900.0040317 5,000,000.00 0.852HIS 10,650.00 -756.77 9,893.230.783003 5,014,900.00419792ZM1 0.00 10,039,100.0040318 10,000,000.00 0.885CASHGR 22,125.00 -1,956.09 20,168.910.797003 10,039,100.0013077DML3 0.00 1,945,088.0040319 1,600,000.00 5.000TXS 20,000.00 -17,536.94 2,463.060.502003 1,945,088.00882724RA7 0.00 1,000,000.0040322 1,000,000.00 0.695MAS 1,737.50 0.00 1,737.500.689003 1,000,000.0057582RK88 0.00 1,385,000.0040323 1,385,000.00 0.765CASDEV 2,648.82 0.00 2,648.820.759003 1,385,000.0013034AL65 0.00 5,963,494.5740329 0.00 0.375FNMA 5,625.00 795.82 6,420.820.427003 9,975,300.003135G05X7 0.00 10,000,000.0040330 10,000,000.00 0.500FFCB 12,500.00 0.00 12,500.000.496003 10,000,000.003133EMLR1 0.00 15,000,000.0040331 15,000,000.00 0.550FNMA 20,625.00 0.00 20,625.000.546003 15,000,000.003135G06R9 0.00 10,039,690.0040333 10,000,000.00 0.500FNMA 12,500.00 -2,051.75 10,448.250.413003 10,039,690.003135G06G3 0.00 9,992,000.0040334 10,000,000.00 0.480FAMC 12,000.00 400.00 12,400.000.492003 9,992,000.0031422B6K1 0.00 9,996,360.0040336 10,000,000.00 0.500IBRD 12,500.00 189.69 12,689.690.504003 9,996,360.00459058JL8 0.00 9,991,610.0040337 10,000,000.00 0.480FAMC 12,000.00 419.50 12,419.500.493003 9,991,610.0031422B6K1 0.00 9,993,370.0040338 10,000,000.00 0.500IBRD 12,500.00 345.52 12,845.520.510003 9,993,370.00459058JL8 0.00 10,000,000.0040340 10,000,000.00 1.000FHLB 23,500.00 0.00 23,500.000.932003 10,000,000.003130AKPW0 0.00 2,915,407.1740341 0.00 0.375IBRD 2,812.50 1,090.24 3,902.740.531003 9,933,980.00459058JE4 0.00 2,345,832.6240342 1,602,492.00 0.670FHLMC 3,450.45 -5,065.07 -1,614.62-0.273003 2,635,337.2230318CAA5 0.00 9,971,900.0040347 10,000,000.00 0.450IFC 11,250.00 1,405.00 12,655.000.503003 9,971,900.0045950VPL4 0.00 10,000,000.0040350 10,000,000.00 0.500FHLB 12,500.00 0.00 12,500.000.496003 10,000,000.003130AKXX9 0.00 9,994,000.0040353 10,000,000.00 0.500FHLB 12,500.00 300.00 12,800.000.508003 9,994,000.003130AKXX9 0.00 5,000,000.0040354 5,000,000.00 0.600IBRD 7,500.00 0.00 7,500.000.595003 5,000,000.0045905U5Y6 0.00 5,000,000.0040355 5,000,000.00 0.600IBRD 7,500.00 0.00 7,500.000.595003 5,000,000.0045905U5Y6 0.00 10,000,000.0040357 10,000,000.00 0.650IADB 16,396.38 0.00 16,396.380.651003 10,000,000.0045818WCZ7 0.00 10,000,000.0040358 10,000,000.00 0.800FFCB 20,000.00 0.00 20,000.000.793003 10,000,000.003133EMSU7 0.00 10,000,000.0040360 10,000,000.00 1.000FAMC 25,000.00 0.00 25,000.000.992003 10,000,000.0031422XCX8 0.00 10,631,069.4040449 10,110,000.00 2.650CAS 66,978.75 -30,771.81 36,206.941.351003 10,631,069.4013063DMA3 0.00 Portfolio CITY
AP
Run Date: 10/15/2025 - 11:43 TE (PRF_TE) 7.3.6
Report Ver. 7.3.7
Current
Rate
Ending
Par Value
Average
Fund

Page 2 ends

0.0040594 0.00 3.063UNVHGR 0.00 0.00 0.00003 3,677,896.0091412GU94 0.00 7,978,033.5040596 7,850,000.00 5.051NYSHGR 99,125.88 -6,473.60 92,652.284.607003 7,978,033.50649902T45 0.00 6,490,770.0040598 7,150,000.00 2.250MMM 40,218.75 41,664.82 81,883.575.005003 6,490,770.0088579YAV3 0.00 9,060,681.0040599 9,780,000.00 2.500ADM 61,125.00 46,709.02 107,834.024.722003 9,060,681.00039483BL5 0.00 8,517,148.0540601 9,215,000.00 2.500ADM 57,593.75 45,380.55 102,974.304.797003 8,517,148.05039483BL5 0.00 5,045,950.0040602 5,000,000.00 4.950PCAR 61,875.00 -3,843.40 58,031.604.563003 5,045,950.0069371RS23 0.00 2,252,364.1340603 0.00 3.900WMT 22,100.00 2,569.39 24,669.394.345003 2,960,250.00931142EW9 0.00 4,371,489.6540606 4,565,000.00 3.170NYSDEV 36,177.63 14,113.39 50,291.024.564003 4,371,489.656500354W5 0.00 8,715,600.0040608 10,000,000.00 1.050WMT 26,250.00 82,157.78 108,407.784.935003 8,715,600.00931142ER0 0.00 2,821,075.6240609 3,140,705.23 2.080FHLMC 16,355.29 1,445.65 17,800.942.503003 3,154,590.5630329MAA0 0.00 3,627,097.2440610 4,038,049.61 2.080FHLMC 21,028.23 1,858.68 22,886.912.503003 4,055,902.1730329MAA0 0.00 10,022,800.0040613 10,000,000.00 4.950PCAR 123,750.00 -1,945.03 121,804.974.821003 10,022,800.0069371RS23 0.00

0.0040619 0.00 3.063UNVHGR 0.00 0.00 0.00003 4,501,113.7591412GU94 0.00 5,224,500.0040620 5,000,000.00 5.700CAS 71,250.00 -14,494.27 56,755.734.310003 5,224,500.0013063D3A4 0.00 3,185,620.6540621 3,645,000.00 1.741VNTCTF 15,864.86 23,227.05 39,091.914.869003 3,185,620.65923078CX5 0.00 Portfolio CITY
AP
Run Date: 10/15/2025 - 11:43 TE (PRF_TE) 7.3.6
Report Ver. 7.3.7
Current
Rate
Ending
Par Value
Average
Fund

Page 3 ends

0.0040629 0.00 3.539UTS 0.00 0.00 0.00003 1,565,739.54917542QV7 0.00 4,169,346.4540630 4,481,000.00 2.450BK 27,446.13 21,184.91 48,631.044.628003 4,169,346.4506406FAE3 0.00 4,660,750.0040631 5,000,000.00 2.500HON 31,250.00 21,840.13 53,090.134.519003 4,660,750.00438516BL9 0.00 4,789,100.0040633 5,000,000.00 3.250BK 40,625.00 11,930.23 52,555.234.354003 4,789,100.0006406RAD9 0.00 4,957,350.0040634 5,000,000.00 4.150DE 51,875.00 2,244.74 54,119.744.331003 4,957,350.0024422EWK1 0.00 1,737,171.8040636 2,015,000.00 1.272UNVHGR 6,407.70 15,916.32 22,324.025.098003 1,737,171.8091412HJN4 0.00 9,995,300.0040637 10,000,000.00 4.800DE 120,000.00 391.67 120,391.674.779003 9,995,300.0024422EWP0 0.00 9,108,000.0040640 10,000,000.00 2.000PCAR 50,000.00 54,686.65 104,686.654.560003 9,108,000.0069371RR65 0.00 6,220,979.1340643 0.00 4.050FHLMC 64,125.00 8,010.29 72,135.294.600003 9,867,760.003134GXR63 0.00 19,385,668.6540647 19,427,177.80 3.690FHLMC 179,453.06 359.95 179,813.013.680003 19,506,616.003132XGRH1 0.00 22,571,000.0040648 25,000,000.00 1.535HIS 95,937.50 134,446.49 230,383.994.050003 22,571,000.00419792G34 0.00 10,672,200.0040649 12,000,000.00 1.700CAS 51,000.00 66,390.00 117,390.004.364003 10,672,200.0013063DC48 0.00

0.0040651 0.00 3.063UNVHGR 0.00 0.00 0.00003 1,952,612.8091412GU94 0.00 2,785,170.0040652 3,000,000.00 2.800MDS 21,000.00 12,175.50 33,175.504.726003 2,785,170.00574193GK8 0.00 7,000,000.0040655 7,000,000.00 4.846CAS 84,805.00 0.00 84,805.004.806003 7,000,000.0013063D3N6 0.00 16,360,000.0040656 16,360,000.00 4.000MDS 163,600.00 0.00 163,600.003.967003 16,360,000.00574193WE4 0.00 17,077,156.2540660 18,875,000.00 1.050WMT 49,546.87 130,278.53 179,825.404.178003 17,077,156.25931142ER0 0.00 4,444,500.0040662 5,000,000.00 0.850IBRD 10,625.00 36,280.84 46,905.844.187003 4,444,500.00459058JT1 0.00 8,868,500.0040664 10,000,000.00 0.850IBRD 21,250.00 74,549.78 95,799.784.286003 8,868,500.00459058JT1 0.00 4,664,979.3040665 4,805,000.00 3.281FHLMC 39,413.01 0.00 39,413.013.352003 4,805,000.003137FBAJ5 0.00 9,647,192.3540666 9,713,588.90 3.690FHLMC 89,726.54 366.16 90,092.703.705003 9,753,308.003132XGRH1 0.00 3,711,175.2940667 3,762,960.04 3.440FNMA 32,411.61 295.85 32,707.463.497003 3,780,864.923140HSZG9 0.00

0.0040668 0.00 3.063UNVHGR 0.00 0.00 0.00003 13,484,407.0591412GU94 0.00 1,893,800.0040669 2,000,000.00 3.059NYSPIT 15,295.00 5,502.59 20,797.594.357003 1,893,800.0064990FY57 0.00 255,066.1340670 0.02 5.150HALST 3,357.03 -193.24 3,175.254.939003 1,676,148.72448980AD4 11.46 7,607,493.1040671 6,821,907.55 4.710TMCC 89,579.73 22.50 89,650.284.675003 8,446,211.06891941AD8 48.05 6,614,156.2540672 6,700,000.00 4.250FHLMC 71,187.51 0.00 71,187.514.270003 6,700,000.003132XFLR7 0.00 24,002,160.0040673 26,000,000.00 1.190FHLB 77,350.00 199,341.02 276,691.024.574003 24,002,160.003130APZK4 0.00 7,852,016.1440674 6,934,276.50 4.930HAROT 96,787.10 71.33 97,013.304.902003 8,826,440.31437927AC0 154.87 4,165,829.8040678 4,180,000.00 4.050MDS 42,322.50 935.67 43,258.174.120003 4,165,829.80574193WF1 0.00 7,447,867.6940679 0.00 2.160FHLB 42,330.00 43,772.37 86,102.374.587003 8,061,221.503130ARCZ2 0.00 7,639,356.7540680 8,375,000.00 0.625FHLMC 13,085.93 74,140.97 87,226.904.530003 7,639,356.753134GXCS1 0.00 2,268,878.7040681 2,530,000.00 1.535HIS 9,708.87 15,709.17 25,418.044.445003 2,268,878.70419792G34 0.00 6,503,693.7540682 7,075,000.00 2.657NYSPIT 46,995.69 30,496.77 77,492.464.727003 6,503,693.7564990FS96 0.00 2,485,256.1840684 0.00 1.033HIS 6,865.15 23,383.65 30,248.804.829003 7,375,599.00419792F92 0.00 25,098,415.8340685 25,341,936.00 4.650FNMA 316,774.20 0.00 316,774.205.007003 25,341,936.003140LKUP6 0.00 Portfolio CITY
AP
Run Date: 10/15/2025 - 11:43 TE (PRF_TE) 7.3.6
Report Ver. 7.3.7
Current
Rate
Ending
Par Value
Average
Fund

Page 4 ends

0.0040736 0.00 4.150GAS 0.00 0.00 0.00003 1,486,785.00373384TP1 0.00 2,216,276.7640738 2,243,000.00 4.650FHLMC 26,074.89 0.00 26,074.894.668003 2,243,000.003132XGY42 0.00 7,213,159.8040742 7,810,000.00 2.182TXS 42,603.55 42,262.48 84,866.034.668003 7,213,159.80882724RC3 0.00 13,605,071.2540746 13,652,000.00 4.850FHLMC 165,530.49 0.00 165,530.494.827003 13,652,000.003132XGZK5 0.00 9,733,200.0040753 10,000,000.00 4.500DE 112,500.00 14,042.10 126,542.105.158003 9,733,200.0024422EXH7 0.00 20,000,000.0040754 20,000,000.00 5.270FHLB 263,500.00 0.00 263,500.005.227003 20,000,000.003130B0YZ6 0.00 15,714,917.2440755 15,828,868.16 5.020FHLMC 198,779.54 270.90 199,050.445.025003 15,861,233.6330336BAA5 0.00 20,000,000.0040756 20,000,000.00 5.300FHLB 265,000.00 0.00 265,000.005.257003 20,000,000.003130B0ZS1 0.00 19,998,000.0040758 20,000,000.00 4.750FFCB 237,500.00 100.00 237,600.004.714003 19,998,000.003133ERDH1 0.00 7,170,749.8540759 8,045,000.00 1.748NYSPIT 35,156.65 56,484.21 91,640.865.070003 7,170,749.8564990FD76 0.00 20,123,437.5040760 20,000,000.00 4.625USTR 231,250.00 -6,239.70 225,010.304.436003 20,123,437.5091282CKP5 0.00 6,994,610.0040761 7,000,000.00 5.000PCAR 87,500.00 449.17 87,949.174.989003 6,994,610.0069371RT22 0.00 13,897,800.0040762 14,000,000.00 4.700BLKRK 164,500.00 5,289.25 169,789.254.847003 13,897,800.0009290DAA9 0.00 14,967,900.0040763 15,000,000.00 5.050TMCC 189,375.00 1,605.00 190,980.005.062003 14,967,900.0089236TMF9 0.00 30,000,000.0040765 30,000,000.00 5.125FHLB 384,375.00 0.00 384,375.005.083003 30,000,000.003130B1HQ3 0.00 20,000,000.0040766 20,000,000.00 5.000FHLB 250,000.00 0.00 250,000.004.959003 20,000,000.003130B1MF1 0.00 15,000,000.0040767 15,000,000.00 4.440MDS 166,500.00 0.00 166,500.004.404003 15,000,000.00574193WW4 0.00 14,717,056.7040768 14,615,314.50 4.803FHLMC 175,510.42 1.15 175,511.574.731003 15,000,000.003137HDJJ0 0.00 9,204,500.0040770 10,000,000.00 2.950HD 73,750.00 39,885.79 113,635.794.898003 9,204,500.00437076BY7 0.00 8,510,311.5640771 8,459,515.72 4.990FHLMC 105,803.68 -76.48 105,727.204.929003 8,474,960.2130337MAA0 0.00 5,998,623.0040773 5,700,000.00 6.750ADM 96,187.50 -21,432.28 74,755.224.944003 5,998,623.00039483AN2 0.00 Portfolio CITY
AP
Run Date: 10/15/2025 - 11:43 TE (PRF_TE) 7.3.6
Report Ver. 7.3.7
Current
Rate
Ending
Par Value
Average
Fund

Page 5 ends

0.0040796 0.00 4.500TMCC 0.00 0.00 0.00003 29,212,500.0089233GU12 0.00 9,040,878.0040798 9,000,000.00 4.630FHLMC 104,175.00 0.00 104,175.004.571003 9,000,000.003137HHUN9 0.00 19,298,437.5040799 20,000,000.00 1.625USTR 81,250.00 123,884.35 205,134.354.217003 19,298,437.50912828R36 0.00 10,098,000.0040800 10,000,000.00 4.700CAT 117,500.00 -4,969.02 112,530.984.421003 10,098,000.0014913UAU4 0.00 5,766,070.4340801 0.00 4.000HD 57,555.56 5,406.86 62,962.424.332003 6,979,980.00437076CR1 0.00 2,224,288.6540802 2,262,263.00 4.250FHLMC 24,036.54 0.00 24,036.544.287003 2,262,263.003137HHUX7 0.00

0.0040803 0.00FHLB 0.00 0.00 0.00003 29,347,950.00313385HP4 0.00 5,601,414.2540806 5,750,000.00 4.230FHLMC 60,806.25 0.00 60,806.254.307003 5,750,000.003137HHW23 0.00 5,000,000.0040807 5,000,000.00 4.450SFOAPT 55,625.00 0.00 55,625.004.414003 5,000,000.0079766DXU8 0.00 33,812,869.5740808 0.00 4.080FHLB 0.00 362,666.67 362,666.674.255003 38,884,800.00313385LX2 0.00

0.0040809 0.00 4.130FHLB 0.00 0.00 0.00003 39,242,833.33313385HP4 0.00

0.0040810 0.00 4.140FHLB 0.00 0.00 0.00003 68,712,000.00313385HP4 0.00 7,500,000.0040812 0.00 4.850FHLB 92,958.33 0.00 92,958.334.917003 30,000,000.003130B4RN3 0.00 3,987,645.4740813 3,996,802.17 4.770FHLMC 49,964.50 2.81 49,967.314.971003 3,997,949.33357912AA2 0.00

0.0040815 0.00 0.640GAS 0.00 0.00 0.00003 4,922,500.00373385JD6 0.00

0.0040816 0.00 3.100GAS 0.00 0.00 0.00003 13,782,954.00373385DE0 0.00 4,922,600.0040817 5,000,000.00 2.700PG 33,750.00 19,190.08 52,940.084.267003 4,922,600.00742718EP0 0.00 8,983,700.0040818 10,000,000.00 1.500HD 37,500.00 70,251.15 107,751.154.759003 8,983,700.00437076CH3 0.00 25,000,000.0040819 25,000,000.00 4.625FHLB 289,062.50 0.00 289,062.504.587003 25,000,000.003130B4VX6 0.00

0.0040820 0.00 2.100GAS 0.00 0.00 0.00003 10,682,980.00373385EX7 0.00 Portfolio CITY
AP
Run Date: 10/15/2025 - 11:43 TE (PRF_TE) 7.3.6
Report Ver. 7.3.7
Current
Rate
Ending
Par Value
Average
Fund

Page 6 ends

Remaining Cost
Beginning
Remaining Cost
Adjusted Interest Earnings
Accretion
Amortization/
Earnings
Adjusted Interest
July 1, 2025 - September 30, 2025
Total Earnings
City of San Jose
Annualized
YieldCUSIP Investment #
Interest
EarnedIssuer
Realized
Gainl/Loss
Fund: General Pool
20,000,000.0040821 20,000,000.00 4.680FHLB 234,000.00 0.00 234,000.004.642003 20,000,000.003130B4ZU8 0.00 5,007,345.0040822 5,000,000.00 4.550JNJ 56,875.00 -605.91 56,269.094.458003 5,007,345.00478160DH4 0.00 9,993,900.0040823 10,000,000.00 4.550PCAR 113,750.00 508.33 114,258.334.536003 9,993,900.0069371RT63 0.00 4,953,785.0040824 5,000,000.00 4.200LLY 52,500.00 2,586.66 55,086.664.412003 4,953,785.00532457CQ9 0.00 15,760,869.5740825 0.00 4.750FHLMC 188,020.83 0.00 188,020.834.733003 25,000,000.003134HBBK6 0.00 6,499,928.5040826 6,500,000.00 4.430FHLMC 71,987.49 0.00 71,987.494.394003 6,500,000.003137HKPF5 0.00 4,985,325.9640827 4,998,095.94 4.510FHLMC 56,357.42 2.75 56,360.174.485003 4,999,123.5235802JAE4 0.00 10,000,900.0040828 10,000,000.00 4.200NYSHGR 105,000.00 -232.76 104,767.244.156003 10,000,900.0064990KHD8 0.00 9,604,700.0040829 10,000,000.00 3.450KO 86,250.00 19,765.00 106,015.004.379003 9,604,700.00191216CT5 0.00 35,140,820.3140830 35,000,000.00 4.375USTR 384,881.51 -26,439.73 358,441.784.047003 35,140,820.3191282CLB5 0.00 2,500,000.0040831 2,500,000.00 4.449CASFAC 27,806.25 0.00 27,806.254.413003 2,500,000.0013068XNS4 0.00 2,500,000.0040832 2,500,000.00 4.525CASFAC 28,281.25 0.00 28,281.254.488003 2,500,000.0013068XNT2 0.00 8,956,400.0040833 10,000,000.00 2.050V 51,250.00 52,209.01 103,459.014.583003 8,956,400.0092826CAM4 0.00 6,674,506.6840834 6,697,064.52 4.420FHLMC 74,013.86 11.83 74,025.694.400003 6,700,308.38357913AA0 0.00 30,551,418.0340835 34,797,000.00 1.600COST 139,188.00 212,633.49 351,821.494.569003 30,551,418.0322160KAP0 0.00 10,322,913.0440836 0.00 4.150FHLMC 0.00 110,666.67 110,666.674.253003 39,571,166.67313397JP7 0.00 40,307,812.5040837 40,000,000.00 4.375USTR 439,890.71 -47,197.91 392,692.803.865003 40,307,812.5091282CJP7 0.00 15,000,000.0040838 15,000,000.00 3.800FAMC 142,500.00 0.00 142,500.003.769003 15,000,000.0031424WYZ9 0.00 12,683,520.5440839 13,878,000.00 2.400BLKRK 83,268.00 59,757.18 143,025.184.474003 12,683,520.5409247XAQ4 0.00 9,984,500.0040840 10,000,000.00 4.550PCAR 113,750.00 775.00 114,525.004.551003 9,984,500.0069371RT71 0.00 30,000,000.0040841 30,000,000.00 4.500FHLMC 337,500.00 0.00 337,500.004.463003 30,000,000.003134HBQZ7 0.00 23,473,864.1340842 0.00 4.165FNMA 0.00 253,370.83 253,370.834.282003 29,583,500.00313589LQ4 0.00 29,345,033.3340843 30,000,000.00 4.010USTR 0.00 307,433.33 307,433.334.156003 29,345,033.33912797NL7 0.00 5,987,220.0040844 6,000,000.00 4.500TXN 67,500.00 639.00 68,139.004.515003 5,987,220.00882508CK8 0.00 27,980,615.9440845 0.00 4.200FNMA 0.00 303,333.33 303,333.334.301003 49,504,166.67313589KT9 0.00 2,798,061.6040846 0.00 4.200FNMA 0.00 30,333.33 30,333.334.301003 4,950,416.67313589KT9 0.00 9,923,244.8440847 11,295,000.00 1.650KO 46,591.87 68,664.05 115,255.924.608003 9,923,244.84191216CV0 0.00 15,869,565.2240848 0.00 5.000FHLMC 197,222.22 0.00 197,222.224.931003 20,000,000.003134HBUR0 0.00 5,528,311.2640849 5,542,000.00 4.100MA 56,805.50 1,316.23 58,121.734.171003 5,528,311.2657636QBA1 0.00 39,312,111.1140850 40,000,000.00 4.100FFCB 0.00 419,111.12 419,111.124.230003 39,312,111.11313313PF9 0.00 39,463,177.7840851 40,000,000.00 4.165FHLMC 0.00 425,755.56 425,755.564.280003 39,463,177.78313397NB3 0.00 55,141,796.8840852 55,000,000.00 5.000USTR 687,500.00 -100,348.56 587,151.444.224003 55,141,796.8891282CJE2 0.00 25,000,000.0040853 25,000,000.00 4.500FHLMC 281,250.00 0.00 281,250.004.463003 25,000,000.003134HBSX0 0.00 39,525,133.3340854 40,000,000.00 4.190FHLMC 0.00 428,311.12 428,311.124.299003 39,525,133.33313397MM0 0.00 39,881,250.0040855 40,000,000.00 3.750USTR 377,094.34 25,230.94 402,325.284.002003 39,881,250.0091282CLH2 0.00 5,310,990.8040856 6,408,000.00 1.650KO 24,670.80 34,594.05 59,264.854.427003 0.00191216CV0 0.00 13,316,555.2140857 16,451,000.00 1.750TXN 65,575.51 88,200.87 153,776.384.581003 0.00882508BJ2 0.00 1,988,043.4840858 2,950,000.00 4.066TXS 20,324.35 0.00 20,324.354.056003 0.008827243S4 0.00 1,007,500.0040859 1,495,000.00 4.178TXS 10,583.69 0.00 10,583.694.168003 0.008827243T2 0.00 22,131,923.6840860 25,000,000.00 4.350TMCC 0.00 250,729.17 250,729.174.495003 0.0089233GZC3 0.00 Portfolio CITY
AP
Run Date: 10/15/2025 - 11:43 TE (PRF_TE) 7.3.6
Report Ver. 7.3.7
Current
Rate
Ending
Par Value
Average
Fund

Page 7 ends

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SECTION C

PORTFOLIO HOLDINGS AT COST
Investment Status Report shows cost information of portfolio holdings including yield to maturity, accrued interest at purchase, current principal and amortized book value of the portfolio by investment type. Types of investments are described as follows:

MONEY MARKET MUTUAL FUND: An entity that pools funds and invests in a variety of short-term debt instruments. The City only invests in money market mutual funds that are invested in US Treasuries, federal agency securities, and repurchase agreements backed US Treasury and federal agency securities.

LOCAL AGENCY INVESTMENT FUND: An investment pool managed by the State Treasurer in which local governments and agencies in California may participate.

CORPORATE NOTES: Debt instruments which are issued by private corporations.

NEGOTIABLE CERTIFICATE OF DEPOSIT: A time deposit in large denomination with a specific maturity evidenced by a certificate. It is typically negotiated between the investor and the issuing bank.

COMMERCIAL PAPER: Short-term, unsecured, negotiable promissory notes of corporations.

FEDERAL AGENCY SECURITIES: Securities issued by US federal government agencies, including the Federal Agricultural Mortgage Corporation, the Federal Farm Credit Banks, the Federal Home Loan Banks, Federal Home Loan Mortgage Corporation and the Federal National Mortgage Association.

U.S. TREASURY OBLIGATIONS: Securities issued by the U.S. Treasury and backed by the full faith and credit of the United States.

SUPRANATIONALS: Debt obligations issued by international development institutions that provide development financing, advisory services, and other financial services to member countries to promote improved living standards through sustainable local economic growth.

MUNICIPAL BONDS: Debt obligations issued by states and local governments and their agencies, including cities, counties, government retirement plans, school districts, state universities, sewer districts, municipally owned utilities and authorities running bridges, airports and other transportation facilities.

THIS PAGE IS INTENTIONALLY LEFT BLANK

Page 1 ends

0.00Money Markets Totals 0.000.000.0000.00 0.000
State Pool
STPOOL32936 2,623,819.39 2,623,819.394.200CITY 07/01 - Quarterly 2,623,819.394.2004.200 STPOOL37042 38,946,599.27 38,946,599.274.200CSJFA 07/01 - Quarterly 38,946,599.274.2004.200 41,570,418.66State Pool Totals 41,570,418.660.004.20041,570,418.66 4.200 JPA Pool
CAMP40566 175,105,516.56 175,105,516.564.270CAMP 07/01 - Monthly 175,105,516.564.2704.270 175,105,516.56JPA Pool Totals 175,105,516.560.004.270175,105,516.56 4.270 Corp Medium Term Notes
AAPL40730 7,109,000.00 6,586,166.941.40008/05/2028037833EH9 02/05 - 08/05 Received01/19/2024 6,273,692.504.2724.272 ADM40599 9,780,000.00 9,619,113.352.50008/11/2026039483BL5 02/11 - 08/11 Received10/05/2022 9,060,681.004.6064.606 ADM40601 9,215,000.00 9,058,689.232.50008/11/2026039483BL5 02/11 - 08/11 Received10/07/2022 8,517,148.054.6744.674 ADM40773 5,700,000.00 5,889,080.276.75012/15/2027039483AN2 12/15 - 06/15 Received06/21/2024 5,998,623.005.0895.089 AMZN40777 26,000,000.00 25,227,260.693.15008/22/2027023135BC9 08/22 - 02/22 Received07/01/2024 24,716,640.004.8624.862 AMZN40791 5,000,000.00 4,939,083.963.15008/22/2027023135BC9 02/22 - 08/22 Received10/04/2024 4,907,150.003.8353.835 BK40630 4,481,000.00 4,406,617.432.45008/17/202606406FAE3 02/17 - 08/17 Received12/13/2022 4,169,346.454.5234.523 BK40633 5,000,000.00 4,922,453.493.25005/16/202706406RAD9 05/16 - 11/16 Received12/15/2022 4,789,100.004.3084.308 BLKRK40762 14,000,000.00 13,926,949.634.70003/14/202909290DAA9 09/14 - 03/14 Received05/15/2024 13,897,800.004.8704.870 BLKRK40792 11,018,000.00 10,656,316.103.25004/30/202909247XAP6 10/30 - 04/30 Received10/11/2024 10,558,108.684.2684.268 BLKRK40839 13,878,000.00 12,783,115.832.40004/30/203009247XAQ4 10/31 - 04/30 925.2005/01/2025 12,683,520.544.3324.332 CAT40628 7,429,000.00 7,332,004.563.60008/12/202714913R3A3 02/12 - 08/12 Received12/13/2022 7,186,294.574.3814.381 CAT40800 10,000,000.00 10,081,933.524.70011/15/202914913UAU4 05/15 - 11/15 Received12/10/2024 10,098,000.004.4764.476 CL40580 8,202,000.00 8,108,338.983.10008/15/2027194162AN3 02/15 - 08/15 Received09/09/2022 7,955,201.823.7743.774 COST40835 34,797,000.00 30,924,707.931.60004/20/203022160KAP0 10/20 - 04/20 4,639.6004/23/2025 30,551,418.034.3454.345 DE40634 5,000,000.00 4,982,441.174.15009/15/202724422EWK1 03/15 - 09/15 Received12/15/2022 4,957,350.004.3494.349 DE40637 10,000,000.00 9,999,573.524.80001/09/202624422EWP0 07/09 - 01/0901/09/2023 9,995,300.004.8174.817 DE40753 10,000,000.00 9,815,112.284.50001/16/202924422EXH7 07/16 - 01/16 Received04/16/2024 9,733,200.005.1385.138 DE40776 10,000,000.00 9,989,040.924.85006/11/202924422EXT1 12/11 - 06/11 Received06/27/2024 9,985,300.004.8834.883 GOOG40713 15,000,000.00 14,630,213.401.99808/15/202602079KAC1 02/15 - 08/15 Received10/31/2023 13,817,625.005.0635.063 HD40770 10,000,000.00 9,408,803.902.95006/15/2029437076BY7 12/15 - 06/15 Received06/20/2024 9,204,500.004.7614.761 HD40775 10,000,000.00 9,979,616.004.75006/25/2029437076DC3 12/25 - 06/2506/25/2024 9,972,700.004.8124.812 HD40818 10,000,000.00 9,169,475.271.50009/15/2028437076CH3 03/15 - 09/15 Received02/03/2025 8,983,700.004.5814.581 HD40874 5,000,000.00 4,982,209.563.95009/15/2030437076DJ8 03/15 - 09/1509/15/2025 4,982,050.004.0304.030 Portfolio CITY
AP
Run Date: 10/01/2025 - 12:25 PM (PRF_PMS) 7.3.0
Report Ver. 7.3.7

Page 2 ends

Par Value
Stated
Rate
September 30, 2025
Investment Status Report - Investments
Portfolio Management
Book Value
Maturity
Date
Current
Principal
City of San Jose
YTM
365
YTM Payment
DatesCUSIP Investment # Issuer
Purchase
Date
Accrued Interest
At Purchase
Corp Medium Term Notes
HON40631 5,000,000.00 4,905,359.442.50011/01/2026438516BL9 05/01 - 11/01 Received12/13/2022 4,660,750.004.4204.420 HON40731 35,000,000.00 34,932,163.924.25001/15/2029438516CL8 07/15 - 01/15 Received01/19/2024 34,897,100.004.3164.316 JNJ40574 13,945,000.00 13,896,209.022.45003/01/2026478160BY9 09/01 - 03/01 Received08/25/2022 13,533,204.153.3473.347 JNJ40575 4,214,000.00 4,197,485.452.45003/01/2026478160BY9 09/01 - 03/01 Received08/26/2022 4,074,727.303.4573.457 JNJ40822 5,000,000.00 5,005,857.154.55003/01/2028478160DH4 09/01 - 03/0102/20/2025 5,007,345.004.4974.497 JPM40569 10,000,000.00 10,000,000.004.57007/28/202748133DP95 01/28 - 07/2807/28/2022 10,000,000.004.5704.570 JPM40571 10,000,000.00 10,000,000.004.25007/28/202648133DQ52 01/28 - 07/2807/28/2022 10,000,000.004.2504.250 KO40829 10,000,000.00 9,645,547.673.45003/25/2030191216CT5 09/25 - 03/2503/25/2025 9,604,700.004.3384.338 KO40847 11,295,000.00 10,013,271.041.65006/01/2030191216CV0 12/01 - 06/01 1,035.3806/03/2025 9,923,244.844.3844.384 KO40856 6,408,000.00 5,716,119.091.65006/01/2030191216CV0 12/01 - 06/01 10,573.2007/07/2025 5,681,525.044.2364.236 LLY40824 5,000,000.00 4,959,964.244.20008/14/2029532457CQ9 08/14 - 02/14 Received02/26/2025 4,953,785.004.4304.430 MA40784 5,000,000.00 4,998,127.274.10001/15/202857636QBA1 01/15 - 07/1509/05/2024 4,997,250.004.1194.119 MA40790 10,000,000.00 9,905,294.272.95011/21/202657636QAG9 11/21 - 05/21 Received10/03/2024 9,822,600.003.8223.822 MA40849 5,542,000.00 5,529,949.234.10001/15/202857636QBA1 07/15 - 01/15 Received06/09/2025 5,528,311.264.2004.200 MMM40598 7,150,000.00 6,988,896.042.25009/19/202688579YAV3 03/19 - 09/19 Received10/05/2022 6,490,770.004.8394.839 MSFT40528 4,000,000.00 3,999,984.863.12511/03/2025594918BJ2 05/03 - 11/03 Received04/25/2022 3,999,400.003.1293.129 MSFT40624 8,436,000.00 8,335,693.943.30002/06/2027594918BY9 02/06 - 08/06 Received12/02/2022 8,124,947.814.2724.272 PCAR40602 5,000,000.00 5,000,085.414.95010/03/202569371RS23 04/03 - 10/03 Received10/07/2022 5,045,950.004.6174.617 PCAR40613 10,000,000.00 10,000,043.224.95010/03/202569371RS23 04/03 - 10/03 Received10/28/2022 10,022,800.004.8644.864 PCAR40640 10,000,000.00 9,706,514.992.00002/04/202769371RR65 02/04 - 08/04 Received01/06/2023 9,108,000.004.4144.414 PCAR40761 7,000,000.00 6,997,095.395.00005/13/202769371RT22 11/13 - 05/1305/13/2024 6,994,610.005.0285.028 PCAR40823 10,000,000.00 9,995,074.814.55003/03/202869371RT63 09/03 - 03/0303/03/2025 9,993,900.004.5724.572 PCAR40840 10,000,000.00 9,985,731.394.55005/08/203069371RT71 11/08 - 05/0805/08/2025 9,984,500.004.5854.585 PEP40779 6,000,000.00 5,992,942.334.50007/17/2029713448FX1 01/17 - 07/1707/17/2024 5,990,700.004.5354.535 PEP40864 3,000,000.00 2,994,861.734.30007/23/2030713448GH5 01/23 - 07/2307/23/2025 2,994,660.004.3404.340 PG40817 5,000,000.00 4,974,200.002.70002/02/2026742718EP0 02/02 - 08/02 Received01/29/2025 4,922,600.004.2854.285 TMCC40763 15,000,000.00 14,976,727.505.05005/16/202989236TMF9 11/16 - 05/1605/16/2024 14,967,900.005.0995.099 TXN40844 6,000,000.00 5,988,128.804.50005/23/2030882508CK8 11/23 - 05/2305/23/2025 5,987,220.004.5484.548 TXN40857 16,451,000.00 14,672,999.431.75005/04/2030882508BJ2 11/04 - 05/04 51,980.5907/09/2025 14,584,798.564.3864.386 V40833 10,000,000.00 9,052,116.512.05004/15/203092826CAM4 10/15 - 04/15 569.4404/16/2025 8,956,400.004.3994.399 WMT40608 10,000,000.00 9,684,148.971.05009/17/2026931142ER0 03/17 - 09/17 Received10/20/2022 8,715,600.004.6844.684 WMT40660 18,875,000.00 18,374,151.421.05009/17/2026931142ER0 09/17 - 03/17 Received04/05/2023 17,077,156.254.0354.035 WMT40734 14,400,000.00 14,229,161.403.70006/26/2028931142EE9 06/26 - 12/26 Received01/19/2024 14,123,016.004.1794.179 WMT40778 10,000,000.00 9,591,919.403.25007/08/2029931142EN9 01/08 - 07/08 Received07/09/2024 9,459,000.004.4704.470 562,664,143.26Corp Medium Term Notes Totals 553,222,920.8569,723.414.458579,325,000.00 4.458 Portfolio CITY
AP
Run Date: 10/01/2025 - 12:25 PM (PRF_PMS) 7.3.0

Page 3 ends

Par Value
Stated
Rate
September 30, 2025
Investment Status Report - Investments
Portfolio Management
Book Value
Maturity
Date
Current
Principal
City of San Jose
YTM
365
YTM Payment
DatesCUSIP Investment # Issuer
Purchase
Date
Accrued Interest
At Purchase
Commercial Paper Discounts
TMCC40860 25,000,000.00 24,782,500.004.35012/12/202589233GZC3 12/12 - At Maturity07/10/2025 24,531,770.834.4954.433 24,782,500.00Commercial Paper Discounts Totals 24,531,770.830.004.43325,000,000.00 4.495 Federal Agency Coupon Securities
FAMC40334 10,000,000.00 9,999,537.780.48001/15/202631422B6K1 07/15 - 01/1501/15/2021 9,992,000.000.4960.496 FAMC40337 10,000,000.00 9,999,515.240.48001/15/202631422B6K1 07/15 - 01/1501/15/2021 9,991,610.000.4970.497 FAMC40838 15,000,000.00 15,000,000.003.80005/01/202931424WYZ9 11/01 - 05/0105/01/2025 15,000,000.003.8003.800 FFCB40758 20,000,000.00 19,998,567.784.75004/30/20293133ERDH1 10/30 - 04/3004/30/2024 19,998,000.004.7524.752 FNMA40333 10,000,000.00 10,000,820.700.50011/07/20253135G06G3 05/07 - 11/07 Received01/06/2021 10,039,690.000.4170.417 64,998,441.50Federal Agency Coupon Securities Totals 65,021,300.000.002.55665,000,000.00 2.556 Federal Agency Discounts
FFCB40850 40,000,000.00 39,799,555.564.10011/14/2025313313PF9 11/14 - At Maturity06/16/2025 39,312,111.114.2304.172 FHLMC40851 40,000,000.00 39,925,955.564.16510/17/2025313397NB3 10/17 - At Maturity06/23/2025 39,463,177.784.2804.222 FHLMC40854 40,000,000.00 39,990,688.894.19010/03/2025313397MM0 10/03 - At Maturity06/23/2025 39,525,133.334.3594.299 119,716,200.01Federal Agency Discounts Totals 118,300,422.220.004.231120,000,000.00 4.290 Treasury Coupon Securities
USTR40760 20,000,000.00 20,088,644.404.62504/30/202991282CKP5 10/31 - 04/30 Received05/06/2024 20,123,437.504.4854.485 USTR40788 25,000,000.00 25,044,877.553.75008/31/202691282CLH2 02/28 - 08/31 Received09/25/2024 25,094,726.563.5443.544 USTR40799 20,000,000.00 19,695,675.381.62505/15/2026912828R36 05/15 - 11/15 Received12/10/2024 19,298,437.504.1754.175 USTR40830 35,000,000.00 35,087,078.684.37507/31/202691282CLB5 07/31 - 01/31 Received03/28/2025 35,140,820.314.0614.061 USTR40837 40,000,000.00 40,225,729.174.37512/15/202691282CJP7 06/15 - 12/15 Received04/24/2025 40,307,812.503.8843.884 USTR40852 55,000,000.00 55,032,722.365.00010/31/202591282CJE2 10/31 - Final Pmt. 403,532.6106/23/2025 55,141,796.884.2284.228 USTR40855 40,000,000.00 39,908,400.693.75008/31/202691282CLH2 08/31 - 02/28 Received06/24/2025 39,881,250.004.0054.005 USTR40869 20,000,000.00 19,597,715.052.00011/15/2026912828U24 11/15 - 05/15 91,304.3508/07/2025 19,543,750.003.8533.853 USTR40877 20,000,000.00 20,120,733.174.50007/15/202691282CHM6 01/15 - 07/15 161,413.0409/19/2025 20,125,781.253.7093.709 USTR40881 40,000,000.00 40,097,677.364.12506/15/202691282CHH7 12/15 - 06/15 477,868.8509/29/2025 40,098,437.503.7643.764 314,899,253.81Treasury Coupon Securities Totals 314,756,250.001,134,118.853.980315,000,000.00 3.980 Treasury Discounts
USTR40843 30,000,000.00 29,806,183.334.01011/28/2025912797NL7 11/28 - At Maturity05/16/2025 29,345,033.334.2084.151 29,806,183.33Treasury Discounts Totals 29,345,033.330.004.15130,000,000.00 4.208 Federal Agency Callables
FAMC40360 10,000,000.00 10,000,000.001.00004/20/202631422XCX8 10/20 - 04/2004/20/2021 10,000,000.001.0001.000 FAMC40876 25,000,000.00 25,000,000.003.75009/17/203031424WU75 03/17 - 09/1709/17/2025 25,000,000.003.7503.750 Portfolio CITY
AP
Run Date: 10/01/2025 - 12:25 PM (PRF_PMS) 7.3.0

Page 4 ends

Par Value
Stated
Rate
September 30, 2025
Investment Status Report - Investments
Portfolio Management
Book Value
Maturity
Date
Current
Principal
City of San Jose
YTM
365
YTM Payment
DatesCUSIP Investment # Issuer
Purchase
Date
Accrued Interest
At Purchase
Federal Agency Callables
FFCB40330 10,000,000.00 10,000,000.000.50012/23/20253133EMLR1 06/23 - 12/23 Received12/29/2020 10,000,000.000.5000.500 FFCB40358 10,000,000.00 10,000,000.000.80003/09/20263133EMSU7 09/09 - 03/0903/09/2021 10,000,000.000.8000.800 FFCB40479 10,350,000.00 10,349,916.631.60001/27/20263133ENMH0 07/27 - 01/2701/27/2022 10,348,965.001.6031.603 FFCB40486 15,150,000.00 15,146,875.312.18002/16/20273133ENPB0 08/16 - 02/1602/16/2022 15,138,637.502.1962.196 FFCB40524 20,000,000.00 19,998,338.633.09010/20/20253133ENUZ1 10/20 - 04/20 Received04/22/2022 19,890,000.003.2583.258 FFCB40526 20,000,000.00 20,000,000.003.65010/27/20263133ENVK3 10/27 - 04/2704/27/2022 20,000,000.003.6503.650 FFCB40550 5,200,000.00 5,192,521.743.45006/01/20273133ENYA2 12/01 - 06/01 Received06/07/2022 5,177,640.003.5453.545 FFCB40720 5,000,000.00 4,641,527.401.40003/10/20283133EMSW3 03/10 - 09/10 Received12/18/2023 4,379,300.004.6694.669 FFCB40861 25,000,000.00 24,980,557.004.28007/10/20283133ETPN1 01/10 - 07/10 2,972.2207/11/2025 24,979,000.004.3104.310 FFCB40867 30,000,000.00 30,000,000.004.57002/05/20293133ETRZ2 02/05 - 08/0508/05/2025 30,000,000.004.5704.570 FFCB40868 25,000,000.00 24,994,081.704.23007/28/20283133ETRC3 01/28 - 07/28 17,625.0008/04/2025 24,993,750.004.2394.239 FFCB40871 30,000,000.00 30,000,000.004.07003/02/20293133ETWD5 03/02 - 09/0209/02/2025 30,000,000.004.0704.070 FHLB40340 10,000,000.00 10,000,000.001.00001/28/20263130AKPW0 07/28 - 01/2801/28/2021 10,000,000.000.6100.610 FHLB40350 10,000,000.00 10,000,000.000.50002/25/20263130AKXX9 08/25 - 02/2502/25/2021 10,000,000.000.5000.500 FHLB40353 10,000,000.00 9,999,520.000.50002/25/20263130AKXX9 08/25 - 02/2502/25/2021 9,994,000.000.5000.500 FHLB40470 25,000,000.00 24,946,120.710.96003/05/20263130ALHH0 03/05 - 09/05 Received01/18/2022 24,479,750.001.4811.481 FHLB40475 7,200,000.00 7,199,784.003.00010/28/20253130AQMQ3 04/28 - Quarterly01/28/2022 7,189,200.001.7081.708 FHLB40523 20,000,000.00 20,000,000.003.25004/29/20273130ARVJ7 10/29 - 04/2904/29/2022 20,000,000.003.2503.250 FHLB40673 26,000,000.00 25,878,180.491.19011/26/20253130APZK4 05/26 - 11/26 Received05/24/2023 24,002,160.004.4664.466 FHLB40754 20,000,000.00 20,000,000.005.27004/17/20293130B0YZ6 10/17 - 04/1704/17/2024 20,000,000.005.2705.270 FHLB40756 20,000,000.00 20,000,000.005.30004/17/20293130B0ZS1 10/17 - 04/1704/19/2024 20,000,000.005.3005.300 FHLB40765 30,000,000.00 30,000,000.005.12505/15/20293130B1HQ3 11/15 - 05/1505/29/2024 30,000,000.005.1265.126 FHLB40766 20,000,000.00 20,000,000.005.00005/25/20293130B1MF1 11/28 - 05/2806/03/2024 20,000,000.005.0005.000 FHLB40789 25,000,000.00 25,000,000.003.80010/02/20283130B32J1 04/02 - 10/0210/04/2024 25,000,000.003.8003.800 FHLB40819 25,000,000.00 25,000,000.004.62508/04/20283130B4VX6 08/04 - 02/0402/04/2025 25,000,000.004.6254.625 FHLB40821 20,000,000.00 20,000,000.004.68002/14/20283130B4ZU8 08/14 - 02/1402/14/2025 20,000,000.004.6804.680 FHLMC40505 2,000,000.00 1,997,459.430.65010/27/20253134GW5R3 04/27 - 10/27 Received03/22/2022 1,873,460.002.5002.500 FHLMC40680 8,375,000.00 8,330,515.410.62511/25/20253134GXCS1 11/25 - 05/25 Received06/02/2023 7,639,356.754.4024.402 FHLMC40715 6,361,000.00 6,384,643.995.50010/20/20283134H1HN6 04/20 - 10/20 Received11/16/2023 6,399,166.005.1675.167 FHLMC40841 30,000,000.00 30,000,000.004.50005/19/20273134HBQZ7 11/19 - 05/1905/19/2025 30,000,000.004.5004.500 FHLMC40853 25,000,000.00 25,000,000.004.50005/23/20303134HBSX0 11/23 - 05/23 93,750.0006/23/2025 25,000,000.004.4974.497 FNMA40331 15,000,000.00 15,000,000.000.55001/28/20263135G06R9 07/28 - 01/2801/28/2021 15,000,000.000.5500.550 FNMA40873 25,000,000.00 25,000,000.004.03009/05/20303136GAR68 03/05 - 09/0509/05/2025 25,000,000.004.0304.030 620,040,042.44Federal Agency Callables Totals 616,484,385.25114,347.223.651620,636,000.00 3.651 Portfolio CITY
AP
Run Date: 10/01/2025 - 12:25 PM (PRF_PMS) 7.3.0

Page 5 ends

Par Value
Stated
Rate
September 30, 2025
Investment Status Report - Investments
Portfolio Management
Book Value
Maturity
Date
Current
Principal
City of San Jose
YTM
365
YTM Payment
DatesCUSIP Investment # Issuer
Purchase
Date
Accrued Interest
At Purchase
Supranational
IADB40357 10,000,000.00 10,000,000.000.65002/20/202645818WCZ7 08/20 - 02/2002/24/2021 10,000,000.000.6500.650 IADB40693 9,420,000.00 9,359,891.274.37502/24/202845818WEK8 08/24 - 02/24 Received07/24/2023 9,305,076.004.6734.673 IADB40716 20,000,000.00 20,001,879.635.12511/17/202645818WEU6 11/17 - Annually11/17/2023 20,005,000.005.1165.116 IBRD40336 10,000,000.00 9,999,943.090.50010/28/2025459058JL8 04/28 - 10/28 Received01/11/2021 9,996,360.000.5080.508 IBRD40338 10,000,000.00 9,999,896.350.50010/28/2025459058JL8 04/28 - 10/28 Received01/11/2021 9,993,370.000.5140.514 IBRD40354 5,000,000.00 5,000,000.000.60002/18/202645905U5Y6 08/18 - 02/1802/18/2021 5,000,000.000.6000.600 IBRD40355 5,000,000.00 5,000,000.000.60002/18/202645905U5Y6 08/18 - 02/1802/18/2021 5,000,000.000.6000.600 IBRD40662 5,000,000.00 4,802,874.090.85002/10/2027459058JT1 08/10 - 02/10 Received04/12/2023 4,444,500.004.0104.010 IBRD40664 10,000,000.00 9,594,946.190.85002/10/2027459058JT1 08/10 - 02/10 Received04/24/2023 8,868,500.004.1004.100 IBRD40692 25,000,000.00 24,919,398.984.50006/26/202845906M4E8 12/26 - 06/26 Received07/24/2023 24,855,000.004.6324.632 IFC40347 10,000,000.00 9,998,064.220.45002/05/202645950VPL4 08/05 - 02/0502/05/2021 9,971,900.000.5070.507 118,676,893.82Supranational Totals 117,439,706.000.002.931119,420,000.00 2.931 Asset Backed Securities
HAROT40674 6,934,276.50 6,933,741.774.93011/15/2027437927AC0 06/15 -05/30/2023 6,933,153.154.9884.988 TMCC40671 6,821,907.55 6,821,716.214.71002/15/2028891941AD8 06/15 -05/23/2023 6,821,526.214.7594.759 13,755,264.28Asset Backed Securities Totals 13,754,679.360.004.87413,756,184.05 4.874 Municipal Bonds
CAS40449 10,110,000.00 10,171,543.632.65004/01/202613063DMA3 04/01 - 10/01 Received01/07/2022 10,631,069.401.3921.392 CAS40581 5,570,000.00 5,500,983.812.37510/01/202613063DRD2 10/01 - 04/01 Received09/09/2022 5,289,717.603.7213.721 CAS40620 5,000,000.00 5,057,977.045.70010/01/202613063D3A4 04/01 - 10/0111/17/2022 5,224,500.004.4244.424 CAS40626 7,075,000.00 7,168,216.865.70010/01/202613063D3A4 04/01 - 10/01 Received12/08/2022 7,430,518.754.2574.257 CAS40649 12,000,000.00 11,380,360.001.70002/01/202813063DC48 08/01 - 02/0102/01/2023 10,672,200.004.1754.175 CAS40655 7,000,000.00 7,000,000.004.84603/01/202713063D3N6 09/01 - 03/0103/15/2023 7,000,000.004.8454.845 CAS40717 5,460,000.00 5,347,260.192.37510/01/202613063DRD2 04/01 - 10/01 Received12/11/2023 5,143,702.204.5984.598 CASDEV40323 1,385,000.00 1,385,000.000.76510/01/202513034AL65 04/01 - 10/0112/17/2020 1,385,000.000.7650.765 CASFAC40831 2,500,000.00 2,500,000.004.44904/01/202713068XNS4 10/01 - 04/0104/17/2025 2,500,000.004.4484.448 CASFAC40832 2,500,000.00 2,500,000.004.52504/01/202813068XNT2 10/01 - 04/0104/17/2025 2,500,000.004.5244.524 CASHGR40318 10,000,000.00 10,000,652.030.88511/01/202513077DML3 05/01 - 11/01 Received11/02/2020 10,039,100.000.8050.805 CASPWR40623 3,155,000.00 3,136,271.010.79012/01/202513067WRC8 12/01 - 06/01 Received11/28/2022 2,816,941.754.6484.648 HIS40317 5,000,000.00 5,000,000.000.85210/01/2025419792ZM1 10/01 - 04/0110/29/2020 5,014,900.000.7900.790 HIS40648 25,000,000.00 24,014,059.041.53508/01/2027419792G34 02/01 - 08/01 Received01/25/2023 22,571,000.003.9023.902 HIS40681 2,530,000.00 2,414,799.431.53508/01/2027419792G34 08/01 - 02/01 Received06/05/2023 2,268,878.704.2724.272 HIS40718 4,360,000.00 4,398,790.565.00010/01/2027419792M29 04/01 - 10/0112/19/2023 4,433,378.804.5094.509 HIS40719 2,000,000.00 2,025,601.395.00010/01/2028419792M37 04/01 - 10/0112/19/2023 2,040,820.004.5194.519 LOS40872 5,300,000.00 5,255,383.643.00009/01/2026544351PR4 09/01 - 03/01 Received08/28/2025 5,250,922.003.9463.946 Portfolio CITY
AP
Run Date: 10/01/2025 - 12:25 PM (PRF_PMS) 7.3.0

Page 6 ends

Par Value
Stated
Rate
September 30, 2025
Investment Status Report - Investments
Portfolio Management
Book Value
Maturity
Date
Current
Principal
City of San Jose
YTM
365
YTM Payment
DatesCUSIP Investment # Issuer
Purchase
Date
Accrued Interest
At Purchase
Municipal Bonds
MAS40322 1,000,000.00 1,000,000.000.69511/01/202557582RK88 05/01 - 11/0112/03/2020 1,000,000.000.6950.695 MDS40652 3,000,000.00 2,910,712.972.80008/01/2027574193GK8 08/01 - 02/01 Received03/03/2023 2,785,170.004.6124.612 MDS40656 16,360,000.00 16,360,000.004.00003/15/2026574193WE4 09/15 - 03/1503/29/2023 16,360,000.003.9993.999 MDS40678 4,180,000.00 4,174,552.324.05003/15/2027574193WF1 09/15 - 03/15 Received06/02/2023 4,165,829.804.1464.146 MDS40767 15,000,000.00 15,000,000.004.44006/01/2029574193WW4 12/01 - 06/0106/18/2024 15,000,000.004.4404.440 NYSDEV40606 4,565,000.00 4,539,282.253.17003/15/20266500354W5 03/15 - 09/15 Received10/11/2022 4,371,489.654.5184.518 NYSHGR40596 7,850,000.00 7,900,637.975.05109/15/2027649902T45 03/15 - 09/15 Received10/05/2022 7,978,033.504.6774.677 NYSHGR40828 10,000,000.00 10,000,424.144.20003/15/202664990KHD8 09/15 - 03/1503/27/2025 10,000,900.004.1894.189 NYSPIT40669 2,000,000.00 1,945,952.333.05903/15/202864990FY57 09/15 - 03/15 Received05/18/2023 1,893,800.004.2884.288 NYSPIT40682 7,075,000.00 6,785,619.492.65702/15/202864990FS96 08/15 - 02/15 Received06/09/2023 6,503,693.754.5924.592 NYSPIT40759 8,045,000.00 7,490,199.471.74803/15/202864990FD76 09/15 - 03/15 Received05/02/2024 7,170,749.854.8624.862 SCVWTR40787 10,000,000.00 10,000,000.003.88006/01/202680168AGX9 12/01 - 06/0109/24/2024 10,000,000.003.8773.877 SCVWTR40870 1,000,000.00 1,000,000.003.79006/01/202780168AJJ7 12/01 - 06/0109/10/2025 1,000,000.003.7873.787 SDGSCD40862 1,065,000.00 1,064,572.454.07607/01/2026797356NW8 01/01 - 07/01 2,049.8907/18/2025 1,064,456.854.1294.129 SDGSCD40863 4,340,000.00 4,333,349.243.93807/01/2027797356NX6 01/01 - 07/01 8,070.7107/18/2025 4,332,578.604.0294.029 SFOAPT40807 5,000,000.00 5,000,000.004.45011/01/202579766DXU8 05/01 - 11/0102/06/2025 5,000,000.004.4414.441 TXS40319 1,600,000.00 1,600,000.005.00010/01/2025882724RA7 04/01 - 10/01 Received10/30/2020 1,945,088.000.5500.550 TXS40712 5,000,000.00 5,000,000.005.33210/01/2027882724V61 04/01 - 10/0111/15/2023 5,000,000.005.3325.332 TXS40742 7,810,000.00 7,471,900.122.18210/01/2027882724RC3 04/01 - 10/01 Received03/20/2024 7,213,159.804.5494.549 TXS40858 2,950,000.00 2,950,000.004.06610/01/20288827243S4 10/01 - 04/0107/31/2025 2,950,000.004.0664.066 TXS40859 1,495,000.00 1,495,000.004.17810/01/20298827243T2 10/01 - 04/0107/31/2025 1,495,000.004.1774.177 UNVHGR40636 2,015,000.00 1,911,720.771.27205/15/202791412HJN4 05/15 - 11/15 Received01/04/2023 1,737,171.804.8124.812 UNVHGR40704 5,005,000.00 4,733,222.071.31605/15/202791412HGF4 11/15 - 05/15 Received09/27/2023 4,396,291.905.0195.019 UNVHGR40721 6,190,000.00 5,912,123.971.31605/15/202791412HGF4 05/15 - 11/15 Received12/22/2023 5,608,078.104.3214.321 VNTCTF40621 3,645,000.00 3,451,441.291.74111/01/2027923078CX5 05/01 - 11/01 Received11/21/2022 3,185,620.654.6214.621 WAS40865 18,865,000.00 18,865,000.003.97008/01/202793974FDG5 02/14 - 08/1408/14/2025 18,865,000.004.0484.048 WAS40866 28,325,000.00 28,325,000.004.07008/01/203093974FDK6 02/01 - 08/0108/14/2025 28,325,000.004.0704.070 295,477,609.48Municipal Bonds Totals 291,559,761.4510,120.603.955299,325,000.00 3.955 Mortgage Backed Securities
FHLMC40342 1,602,492.00 1,610,350.620.67011/25/202530318CAA5 02/25 - Monthly Received01/22/2021 1,610,350.620.5370.537 FHLMC40609 3,140,705.23 2,813,716.992.08006/25/202730329MAA0 11/25 - Monthly Received10/28/2022 2,813,716.994.9894.989 FHLMC40610 4,038,049.61 3,617,636.152.08006/25/202730329MAA0 11/25 - Monthly Received10/28/2022 3,617,636.154.9894.989 FHLMC40647 19,427,177.80 19,339,148.403.69011/01/20273132XGRH1 02/25 - Monthly Received01/24/2023 19,339,148.403.8213.821 FHLMC40665 4,805,000.00 4,664,979.303.28108/25/20273137FBAJ5 06/25 - Monthly Received05/08/2023 4,664,979.303.9973.997 FHLMC40666 9,713,588.90 9,624,041.753.69011/01/20273132XGRH1 06/25 - Monthly Received05/09/2023 9,624,041.753.9463.946 FHLMC40672 6,700,000.00 6,614,156.254.25001/01/20283132XFLR7 06/25 - Monthly Received05/25/2023 6,614,156.254.5974.597 Portfolio CITY
AP
Run Date: 10/01/2025 - 12:25 PM (PRF_PMS) 7.3.0

Page 7 ends

Par Value
Stated
Rate
September 30, 2025
Investment Status Report - Investments
Portfolio Management
Book Value
Maturity
Date
Current
Principal
City of San Jose
YTM
365
YTM Payment
DatesCUSIP Investment # Issuer
Purchase
Date
Accrued Interest
At Purchase
Mortgage Backed Securities
FHLMC40697 7,742,263.27 7,575,402.014.25006/25/202830333AAA0 09/25 - Monthly Received08/17/2023 7,575,402.014.7934.793 FHLMC40699 9,617,611.68 9,355,570.234.39008/25/202830333MAA4 10/25 - Monthly Received09/22/2023 9,355,570.235.0935.093 FHLMC40738 2,243,000.00 2,216,276.764.65012/01/20283132XGY42 03/25 - Monthly Received02/27/2024 2,216,276.764.9734.973 FHLMC40746 13,652,000.00 13,605,071.254.85012/01/20283132XGZK5 05/25 - Monthly04/01/2024 13,605,071.254.9774.977 FHLMC40755 15,828,868.16 15,696,380.535.02012/25/202830336BAA5 05/25 - Monthly Received04/25/2024 15,696,380.535.2175.217 FHLMC40768 14,615,314.50 14,615,270.654.80305/25/20293137HDJJ0 07/25 - Monthly Received06/13/2024 14,615,270.654.7754.775 FHLMC40771 8,459,515.72 8,501,407.244.99003/25/202930337MAA0 07/25 - Monthly Received06/27/2024 8,501,407.244.8084.808 FHLMC40780 7,000,000.00 7,042,987.004.72005/25/20293137HDV56 08/25 - Monthly Received07/25/2024 7,042,987.004.5464.546 FHLMC40785 5,000,000.00 5,099,900.004.50807/25/20293137HFNZ4 10/25 - Monthly Received09/12/2024 5,099,900.004.0184.018 FHLMC40786 3,490,633.08 3,507,210.104.08006/25/202935802FAA0 10/25 - Monthly Received09/19/2024 3,507,210.103.9093.909 FHLMC40794 4,909,422.44 4,933,920.464.91110/25/202935802CAA7 12/25 - Monthly Received11/21/2024 4,933,920.464.7334.733 FHLMC40798 9,000,000.00 9,040,878.004.63010/25/20293137HHUN9 01/25 - Monthly Received12/12/2024 9,040,878.004.4954.495 FHLMC40802 2,262,263.00 2,224,288.654.25011/25/20293137HHUX7 01/25 - Monthly Received12/20/2024 2,224,288.654.6144.614 FHLMC40806 5,750,000.00 5,601,414.254.23012/25/20293137HHW23 02/25 - Monthly Received01/16/2025 5,601,414.254.8104.810 FHLMC40813 3,996,802.17 3,986,986.024.77011/25/2029357912AA2 02/25 - Monthly Received01/30/2025 3,986,986.024.7984.798 FHLMC40826 6,500,000.00 6,499,928.504.43002/25/20303137HKPF5 04/25 - Monthly Received03/20/2025 6,499,928.504.4034.403 FHLMC40827 4,998,095.94 4,984,711.044.51012/25/202935802JAE4 04/25 - Monthly Received03/27/2025 4,984,711.044.5444.544 FHLMC40834 6,697,064.52 6,672,633.634.42001/25/2030357913AA0 05/25 - Monthly Received04/24/2025 6,672,633.634.4804.480 FHLMC40875 10,000,000.00 10,049,930.004.21007/25/2030357914AA8 10/25 - Monthly 19,880.5609/18/2025 10,049,930.004.0104.010 FNMA40579 4,568,636.78 4,358,051.182.46904/25/20263136AR5S3 10/25 - Monthly Received09/12/2022 4,358,051.183.8443.844 FNMA40667 3,762,960.04 3,700,783.003.44003/01/20263140HSZG9 06/25 - Monthly Received05/09/2023 3,700,783.004.0614.061 FNMA40685 25,341,936.00 25,098,415.834.65007/01/20283140LKUP6 08/25 - Monthly Received07/03/2023 25,098,415.834.9144.914 FNMA40694 7,896,000.00 7,841,098.134.79006/01/20283140LKYV9 08/25 - Monthly Received07/25/2023 7,841,098.135.0015.001 FNMA40698 12,175,000.00 11,997,130.864.92006/01/20283140LKLH4 09/25 - Monthly Received08/18/2023 11,997,130.865.3175.317 242,489,674.78Mortgage Backed Securities Totals 242,489,674.7819,880.564.599244,934,400.84 4.599 2,623,982,335.63Investment Totals 2,603,581,839.291,348,190.642,649,072,520.11 4.022 4.026 Portfolio CITY
AP
Run Date: 10/01/2025 - 12:25 PM (PRF_PMS) 7.3.0

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SECTION D

MARKET VALUE OF PORTFOLIO
Portfolio Management Report shows portfolio details including market value, book value, days to maturity and yield to maturity information of the portfolio by investment type.

THIS PAGE IS INTENTIONALLY LEFT BLANK
Days to
Maturity

Page 1 ends

0.00 00.000.000.00Subtotal and Average 0 0.000
State Pool
1State Investment Pool32936 2,623,819.39 2,623,819.39 4.2002,623,819.39 1CITY 4.200 1State Investment Pool37042 38,946,599.27 38,946,599.27 4.20038,946,599.27 1CSJFA 4.200 41,570,418.66 141,570,418.6641,570,418.6641,570,418.66Subtotal and Average 1 4.200 JPA Pool
1California Asset Management Pr40566 175,105,516.56 175,105,516.56 4.270175,105,516.56 1CAMP 4.270 175,105,516.56 1175,105,516.56175,105,516.56162,749,239.06Subtotal and Average 1 4.270 Corp Medium Term Notes
1,039Apple Inc40730 7,109,000.00 6,586,166.94 08/05/20281.40001/19/2024 6,664,616.41 1,660037833EH9 4.272 314Archer Daniels Midland40599 9,780,000.00 9,619,113.35 08/11/20262.50010/05/2022 9,661,368.60 1,406039483BL5 4.606 314Archer Daniels Midland40601 9,215,000.00 9,058,689.23 08/11/20262.50010/07/2022 9,103,222.05 1,404039483BL5 4.674 805Archer Daniels Midland40773 5,700,000.00 5,889,080.27 12/15/20276.75006/21/2024 6,000,675.00 1,272039483AN2 5.089 690Amazon.com Inc40777 26,000,000.00 25,227,260.69 08/22/20273.15007/01/2024 25,716,860.00 1,147023135BC9 4.862 690Amazon.com Inc40791 5,000,000.00 4,939,083.96 08/22/20273.15010/04/2024 4,945,550.00 1,052023135BC9 3.835 320Bank of New York Mellon40630 4,481,000.00 4,406,617.43 08/17/20262.45012/13/2022 4,423,732.82 1,34306406FAE3 4.523 592Bank of New York Mellon40633 5,000,000.00 4,922,453.49 05/16/20273.25012/15/2022 4,955,250.00 1,61306406RAD9 4.308 1,260Blackrock Inc40762 14,000,000.00 13,926,949.63 03/14/20294.70005/15/2024 14,320,460.00 1,76409290DAA9 4.870 1,307Blackrock Inc40792 11,018,000.00 10,656,316.10 04/30/20293.25010/11/2024 10,772,408.78 1,66209247XAP6 4.268 1,672Blackrock Inc40839 13,878,000.00 12,783,115.83 04/30/20302.40005/01/2025 12,919,030.20 1,82509247XAQ4 4.332 680Caterpillar Inc.40628 7,429,000.00 7,332,004.56 08/12/20273.60012/13/2022 7,397,649.62 1,70314913R3A3 4.381 1,506Caterpillar Inc.40800 10,000,000.00 10,081,933.52 11/15/20294.70012/10/2024 10,242,700.00 1,80114913UAU4 4.476 683Colgate-Palmolive40580 8,202,000.00 8,108,338.98 08/15/20273.10009/09/2022 8,106,364.68 1,801194162AN3 3.774 1,662Costco40835 34,797,000.00 30,924,707.93 04/20/20301.60004/23/2025 31,371,583.32 1,82322160KAP0 4.345 714John Deere40634 5,000,000.00 4,982,441.17 09/15/20274.15012/15/2022 5,023,550.00 1,73524422EWK1 4.349 100John Deere40637 10,000,000.00 9,999,573.52 01/09/20264.80001/09/2023 10,019,300.00 1,09624422EWP0 4.817 1,203John Deere40753 10,000,000.00 9,815,112.28 01/16/20294.50004/16/2024 10,150,100.00 1,73624422EXH7 5.138 1,349John Deere40776 10,000,000.00 9,989,040.92 06/11/20294.85006/27/2024 10,272,900.00 1,81024422EXT1 4.883 318Alphabet Inc40713 15,000,000.00 14,630,213.40 08/15/20261.99810/31/2023 14,773,050.00 1,01902079KAC1 5.063 1,353Home Depot Inc.40770 10,000,000.00 9,408,803.90 06/15/20292.95006/20/2024 9,645,900.00 1,821437076BY7 4.761 1,363Home Depot Inc.40775 10,000,000.00 9,979,616.00 06/25/20294.75006/25/2024 10,240,600.00 1,826437076DC3 4.812 1,080Home Depot Inc.40818 10,000,000.00 9,169,475.27 09/15/20281.50002/03/2025 9,355,800.00 1,320437076CH3 4.581 1,810Home Depot Inc.40874 5,000,000.00 4,982,209.56 09/15/20303.95009/15/2025 4,957,000.00 1,826437076DJ8 4.030 396Honeywell International40631 5,000,000.00 4,905,359.44 11/01/20262.50012/13/2022 4,919,600.00 1,419438516BL9 4.420 Portfolio CITY
AP
Run Date: 10/01/2025 - 12:25 PM (PRF_PM2) 7.3.0
Report Ver. 7.3.7
Days to
Maturity

Page 2 ends

Par Value Book Value
Maturity
Date
Stated
RateMarket Value
September 30, 2025
Portfolio Details - Investments
Average
BalanceIssuer
Portfolio Management
City of San Jose
YTM
TermCUSIP Investment #
Purchase
Date
Corp Medium Term Notes
1,202Honeywell International40731 35,000,000.00 34,932,163.92 01/15/20294.25001/19/2024 35,164,150.00 1,823438516CL8 4.316 151Johnson & Johnson40574 13,945,000.00 13,896,209.02 03/01/20262.45008/25/2022 13,857,007.05 1,284478160BY9 3.347 151Johnson & Johnson40575 4,214,000.00 4,197,485.45 03/01/20262.45008/26/2022 4,187,409.66 1,283478160BY9 3.457 882Johnson & Johnson40822 5,000,000.00 5,005,857.15 03/01/20284.55002/20/2025 5,099,000.00 1,105478160DH4 4.497 665JP Morgan40569 10,000,000.00 10,000,000.00 07/28/20274.57007/28/2022 9,901,500.00 1,82648133DP95 4.570 300JP Morgan40571 10,000,000.00 10,000,000.00 07/28/20264.25007/28/2022 9,955,700.00 1,46148133DQ52 4.250 1,636Coca-Cola Co.40829 10,000,000.00 9,645,547.67 03/25/20303.45003/25/2025 9,755,500.00 1,826191216CT5 4.338 1,704Coca-Cola Co.40847 11,295,000.00 10,013,271.04 06/01/20301.65006/03/2025 10,158,158.25 1,824191216CV0 4.384 1,704Coca-Cola Co.40856 6,408,000.00 5,716,119.09 06/01/20301.65007/07/2025 5,763,034.80 1,790191216CV0 4.236 1,413Eli Lilly & Co.40824 5,000,000.00 4,959,964.24 08/14/20294.20002/26/2025 5,035,400.00 1,630532457CQ9 4.430 836Mastercard Inc40784 5,000,000.00 4,998,127.27 01/15/20284.10009/05/2024 5,026,500.00 1,22757636QBA1 4.119 416Mastercard Inc40790 10,000,000.00 9,905,294.27 11/21/20262.95010/03/2024 9,891,100.00 77957636QAG9 3.822 836Mastercard Inc40849 5,542,000.00 5,529,949.23 01/15/20284.10006/09/2025 5,571,372.60 95057636QBA1 4.200 3533M40598 7,150,000.00 6,988,896.04 09/19/20262.25010/05/2022 7,033,383.50 1,44588579YAV3 4.839 33Microsoft Corp40528 4,000,000.00 3,999,984.86 11/03/20253.12504/25/2022 3,995,800.00 1,288594918BJ2 3.129 493Microsoft Corp40624 8,436,000.00 8,335,693.94 02/06/20273.30012/02/2022 8,385,974.52 1,527594918BY9 4.272 2PACCAR Inc.40602 5,000,000.00 5,000,085.41 10/03/20254.95010/07/2022 5,000,150.00 1,09269371RS23 4.617 2PACCAR Inc.40613 10,000,000.00 10,000,043.22 10/03/20254.95010/28/2022 10,000,300.00 1,07169371RS23 4.864 491PACCAR Inc.40640 10,000,000.00 9,706,514.99 02/04/20272.00001/06/2023 9,744,900.00 1,49069371RR65 4.414 589PACCAR Inc.40761 7,000,000.00 6,997,095.39 05/13/20275.00005/13/2024 7,124,530.00 1,09569371RT22 5.028 884PACCAR Inc.40823 10,000,000.00 9,995,074.81 03/03/20284.55003/03/2025 10,139,000.00 1,09669371RT63 4.572 1,680PACCAR Inc.40840 10,000,000.00 9,985,731.39 05/08/20304.55005/08/2025 10,179,600.00 1,82669371RT71 4.585 1,385Pepsi Co40779 6,000,000.00 5,992,942.33 07/17/20294.50007/17/2024 6,106,620.00 1,826713448FX1 4.535 1,756Pepsi Co40864 3,000,000.00 2,994,861.73 07/23/20304.30007/23/2025 3,018,300.00 1,826713448GH5 4.340 124Procter & Gamble40817 5,000,000.00 4,974,200.00 02/02/20262.70001/29/2025 4,977,000.00 369742718EP0 4.285 1,323Toyota Motor Credit Corp40763 15,000,000.00 14,976,727.50 05/16/20295.05005/16/2024 15,478,500.00 1,82689236TMF9 5.099 1,695Texas Instruments40844 6,000,000.00 5,988,128.80 05/23/20304.50005/23/2025 6,101,580.00 1,826882508CK8 4.548 1,676Texas Instruments40857 16,451,000.00 14,672,999.43 05/04/20301.75007/09/2025 14,853,607.90 1,760882508BJ2 4.386 1,657Visa Inc.40833 10,000,000.00 9,052,116.51 04/15/20302.05004/16/2025 9,197,200.00 1,82592826CAM4 4.399 351Wal-Mart40608 10,000,000.00 9,684,148.97 09/17/20261.05010/20/2022 9,746,200.00 1,428931142ER0 4.684 351Wal-Mart40660 18,875,000.00 18,374,151.42 09/17/20261.05004/05/2023 18,395,952.50 1,261931142ER0 4.035 999Wal-Mart40734 14,400,000.00 14,229,161.40 06/26/20283.70001/19/2024 14,397,552.00 1,620931142EE9 4.179 1,376Wal-Mart40778 10,000,000.00 9,591,919.40 07/08/20293.25007/09/2024 9,799,200.00 1,825931142EN9 4.470 562,664,143.26 1,535569,000,454.26579,325,000.00564,152,295.92Subtotal and Average 956 4.458 Commercial Paper Discounts
72Toyota Motor Credit Corp40860 25,000,000.00 24,782,500.00 12/12/20254.35007/10/2025 24,804,000.00 15589233GZC3 4.433 24,782,500.00 15524,804,000.0025,000,000.0024,738,697.91Subtotal and Average 72 4.433 Portfolio CITY
AP
Run Date: 10/01/2025 - 12:25 PM (PRF_PM2) 7.3.0
Days to
Maturity

Page 3 ends

Par Value Book Value
Maturity
Date
Stated
RateMarket Value
September 30, 2025
Portfolio Details - Investments
Average
BalanceIssuer
Portfolio Management
City of San Jose
YTM
TermCUSIP Investment #
Purchase
Date
Federal Agency Coupon Securities
106Federal Agricultural Mtg Corp40334 10,000,000.00 9,999,537.78 01/15/20260.48001/15/2021 9,898,900.00 1,82631422B6K1 0.496 106Federal Agricultural Mtg Corp40337 10,000,000.00 9,999,515.24 01/15/20260.48001/15/2021 9,898,900.00 1,82631422B6K1 0.497 1,308Federal Agricultural Mtg Corp40838 15,000,000.00 15,000,000.00 05/01/20293.80005/01/2025 15,022,950.00 1,46131424WYZ9 3.800 1,307Federal Farm Credit Bank40758 20,000,000.00 19,998,567.78 04/30/20294.75004/30/2024 20,703,400.00 1,8263133ERDH1 4.752 37Federal National Mtg Assn40333 10,000,000.00 10,000,820.70 11/07/20250.50001/06/2021 9,962,900.00 1,7663135G06G3 0.417 64,998,441.50 1,73365,487,050.0065,000,000.0068,665,226.13Subtotal and Average 742 2.556 Federal Agency Discounts
44Federal Farm Credit Bank40850 40,000,000.00 39,799,555.56 11/14/20254.10006/16/2025 39,808,400.00 151313313PF9 4.172 16Federal Home Loan Mtg Corp40851 40,000,000.00 39,925,955.56 10/17/20254.16506/23/2025 39,924,000.00 116313397NB3 4.222 2Federal Home Loan Mtg Corp40854 40,000,000.00 39,990,688.89 10/03/20254.19006/23/2025 39,986,400.00 102313397MM0 4.299 119,716,200.01 123119,718,800.00120,000,000.00154,486,052.92Subtotal and Average 21 4.231 Treasury Coupon Securities
1,307U.S. Treasury40760 20,000,000.00 20,088,644.40 04/30/20294.62505/06/2024 20,638,200.00 1,82091282CKP5 4.485 334U.S. Treasury40788 25,000,000.00 25,044,877.55 08/31/20263.75009/25/2024 25,000,750.00 70591282CLH2 3.544 226U.S. Treasury40799 20,000,000.00 19,695,675.38 05/15/20261.62512/10/2024 19,734,200.00 521912828R36 4.175 303U.S. Treasury40830 35,000,000.00 35,087,078.68 07/31/20264.37503/28/2025 35,168,000.00 49091282CLB5 4.061 440U.S. Treasury40837 40,000,000.00 40,225,729.17 12/15/20264.37504/24/2025 40,312,400.00 60091282CJP7 3.884 30U.S. Treasury40852 55,000,000.00 55,032,722.36 10/31/20255.00006/23/2025 55,034,650.00 13091282CJE2 4.228 334U.S. Treasury40855 40,000,000.00 39,908,400.69 08/31/20263.75006/24/2025 40,001,200.00 43391282CLH2 4.005 410U.S. Treasury40869 20,000,000.00 19,597,715.05 11/15/20262.00008/07/2025 19,623,400.00 465912828U24 3.853 287U.S. Treasury40877 20,000,000.00 20,120,733.17 07/15/20264.50009/19/2025 20,111,400.00 29991282CHM6 3.709 257U.S. Treasury40881 40,000,000.00 40,097,677.36 06/15/20264.12509/29/2025 40,092,800.00 25991282CHH7 3.764 314,899,253.81 495315,717,000.00315,000,000.00277,060,106.91Subtotal and Average 338 3.980 Treasury Discounts
58U.S. Treasury40843 30,000,000.00 29,806,183.33 11/28/20254.01005/16/2025 29,806,800.00 196912797NL7 4.151 29,806,183.33 19629,806,800.0030,000,000.0029,757,729.17Subtotal and Average 58 4.151 Federal Agency Callables
201Federal Agricultural Mtg Corp40360 10,000,000.00 10,000,000.00 04/20/20261.00004/20/2021 9,842,700.00 1,82631422XCX8 1.000 1,812Federal Agricultural Mtg Corp40876 25,000,000.00 25,000,000.00 09/17/20303.75009/17/2025 24,854,250.00 1,82631424WU75 3.750 83Federal Farm Credit Bank40330 10,000,000.00 10,000,000.00 12/23/20250.50012/29/2020 9,920,900.00 1,8203133EMLR1 0.500 159Federal Farm Credit Bank40358 10,000,000.00 10,000,000.00 03/09/20260.80003/09/2021 9,867,800.00 1,8263133EMSU7 0.800 118Federal Farm Credit Bank40479 10,350,000.00 10,349,916.63 01/27/20261.60001/27/2022 10,270,305.00 1,4613133ENMH0 1.603 503Federal Farm Credit Bank40486 15,150,000.00 15,146,875.31 02/16/20272.18002/16/2022 14,832,153.00 1,8263133ENPB0 2.196 19Federal Farm Credit Bank40524 20,000,000.00 19,998,338.63 10/20/20253.09004/22/2022 19,987,000.00 1,2773133ENUZ1 3.258 Portfolio CITY
AP
Run Date: 10/01/2025 - 12:25 PM (PRF_PM2) 7.3.0
Days to
Maturity

Page 4 ends

Par Value Book Value
Maturity
Date
Stated
RateMarket Value
September 30, 2025
Portfolio Details - Investments
Average
BalanceIssuer
Portfolio Management
City of San Jose
YTM
TermCUSIP Investment #
Purchase
Date
Federal Agency Callables
391Federal Farm Credit Bank40526 20,000,000.00 20,000,000.00 10/27/20263.65004/27/2022 19,963,600.00 1,6443133ENVK3 3.650 608Federal Farm Credit Bank40550 5,200,000.00 5,192,521.74 06/01/20273.45006/07/2022 5,157,464.00 1,8203133ENYA2 3.545 891Federal Farm Credit Bank40720 5,000,000.00 4,641,527.40 03/10/20281.40012/18/2023 4,735,900.00 1,5443133EMSW3 4.669 1,013Federal Farm Credit Bank40861 25,000,000.00 24,980,557.00 07/10/20284.28007/11/2025 25,087,000.00 1,0953133ETPN1 4.310 1,223Federal Farm Credit Bank40867 30,000,000.00 30,000,000.00 02/05/20294.57008/05/2025 30,007,500.00 1,2803133ETRZ2 4.570 1,031Federal Farm Credit Bank40868 25,000,000.00 24,994,081.70 07/28/20284.23008/04/2025 25,081,000.00 1,0893133ETRC3 4.239 1,248Federal Farm Credit Bank40871 30,000,000.00 30,000,000.00 03/02/20294.07009/02/2025 29,929,800.00 1,2773133ETWD5 4.070 119Federal Home Loan Bank40340 10,000,000.00 10,000,000.00 01/28/20261.00001/28/2021 9,903,200.00 1,8263130AKPW0 0.610 147Federal Home Loan Bank40350 10,000,000.00 10,000,000.00 02/25/20260.50002/25/2021 9,868,000.00 1,8263130AKXX9 0.500 147Federal Home Loan Bank40353 10,000,000.00 9,999,520.00 02/25/20260.50002/25/2021 9,868,000.00 1,8263130AKXX9 0.500 155Federal Home Loan Bank40470 25,000,000.00 24,946,120.71 03/05/20260.96001/18/2022 24,680,750.00 1,5073130ALHH0 1.481 27Federal Home Loan Bank40475 7,200,000.00 7,199,784.00 10/28/20253.00001/28/2022 7,194,024.00 1,3693130AQMQ3 1.708 575Federal Home Loan Bank40523 20,000,000.00 20,000,000.00 04/29/20273.25004/29/2022 19,862,600.00 1,8263130ARVJ7 3.250 56Federal Home Loan Bank40673 26,000,000.00 25,878,180.49 11/26/20251.19005/24/2023 25,884,300.00 9173130APZK4 4.466 1,294Federal Home Loan Bank40754 20,000,000.00 20,000,000.00 04/17/20295.27004/17/2024 20,116,400.00 1,8263130B0YZ6 5.270 1,294Federal Home Loan Bank40756 20,000,000.00 20,000,000.00 04/17/20295.30004/19/2024 20,117,800.00 1,8243130B0ZS1 5.300 1,322Federal Home Loan Bank40765 30,000,000.00 30,000,000.00 05/15/20295.12505/29/2024 30,193,200.00 1,8123130B1HQ3 5.126 1,332Federal Home Loan Bank40766 20,000,000.00 20,000,000.00 05/25/20295.00006/03/2024 20,211,000.00 1,8173130B1MF1 5.000 1,097Federal Home Loan Bank40789 25,000,000.00 25,000,000.00 10/02/20283.80010/04/2024 24,886,250.00 1,4593130B32J1 3.800 1,038Federal Home Loan Bank40819 25,000,000.00 25,000,000.00 08/04/20284.62502/04/2025 25,029,250.00 1,2773130B4VX6 4.625 866Federal Home Loan Bank40821 20,000,000.00 20,000,000.00 02/14/20284.68002/14/2025 19,979,000.00 1,0953130B4ZU8 4.680 26Federal Home Loan Mtg Corp40505 2,000,000.00 1,997,459.43 10/27/20250.65003/22/2022 1,994,900.00 1,3153134GW5R3 2.500 55Federal Home Loan Mtg Corp40680 8,375,000.00 8,330,515.41 11/25/20250.62506/02/2023 8,330,445.00 9073134GXCS1 4.402 1,115Federal Home Loan Mtg Corp40715 6,361,000.00 6,384,643.99 10/20/20285.50011/16/2023 6,361,445.27 1,8003134H1HN6 5.167 595Federal Home Loan Mtg Corp40841 30,000,000.00 30,000,000.00 05/19/20274.50005/19/2025 30,015,000.00 7303134HBQZ7 4.500 1,695Federal Home Loan Mtg Corp40853 25,000,000.00 25,000,000.00 05/23/20304.50006/23/2025 25,150,000.00 1,7953134HBSX0 4.497 119Federal National Mtg Assn40331 15,000,000.00 15,000,000.00 01/28/20260.55001/28/2021 14,836,200.00 1,8263135G06R9 0.550 1,800Federal National Mtg Assn40873 25,000,000.00 25,000,000.00 09/05/20304.03009/05/2025 24,938,250.00 1,8263136GAR68 4.030 620,040,042.44 1,496618,957,386.27620,636,000.00634,205,161.56Subtotal and Average 845 3.651 Supranational
142IADB40357 10,000,000.00 10,000,000.00 02/20/20260.65002/24/2021 9,874,700.00 1,82245818WCZ7 0.650 876IADB40693 9,420,000.00 9,359,891.27 02/24/20284.37507/24/2023 9,426,782.40 1,67645818WEK8 4.673 412IADB40716 20,000,000.00 20,001,879.63 11/17/20265.12511/17/2023 19,962,200.00 1,09645818WEU6 5.116 27IBRD40336 10,000,000.00 9,999,943.09 10/28/20250.50001/11/2021 9,972,000.00 1,751459058JL8 0.508 27IBRD40338 10,000,000.00 9,999,896.35 10/28/20250.50001/11/2021 9,972,000.00 1,751459058JL8 0.514 140IBRD40354 5,000,000.00 5,000,000.00 02/18/20260.60002/18/2021 4,926,250.00 1,82645905U5Y6 0.600 140IBRD40355 5,000,000.00 5,000,000.00 02/18/20260.60002/18/2021 4,926,250.00 1,82645905U5Y6 0.600 Portfolio CITY
AP
Run Date: 10/01/2025 - 12:25 PM (PRF_PM2) 7.3.0
Days to
Maturity

Page 5 ends

Par Value Book Value
Maturity
Date
Stated
RateMarket Value
September 30, 2025
Portfolio Details - Investments
Average
BalanceIssuer
Portfolio Management
City of San Jose
YTM
TermCUSIP Investment #
Purchase
Date
Supranational
497IBRD40662 5,000,000.00 4,802,874.09 02/10/20270.85004/12/2023 4,798,950.00 1,400459058JT1 4.010 497IBRD40664 10,000,000.00 9,594,946.19 02/10/20270.85004/24/2023 9,597,900.00 1,388459058JT1 4.100 999IBRD40692 25,000,000.00 24,919,398.98 06/26/20284.50007/24/2023 25,052,500.00 1,79945906M4E8 4.632 127International Finance Corp40347 10,000,000.00 9,998,064.22 02/05/20260.45002/05/2021 9,869,200.00 1,82645950VPL4 0.507 118,676,893.82 1,620118,378,732.40119,420,000.00118,656,595.87Subtotal and Average 448 2.931 Asset Backed Securities
775American Honda Finance Corp40674 6,934,276.50 6,933,741.77 11/15/20274.93005/30/2023 6,965,827.46 1,630437927AC0 4.988 867Toyota Motor Credit Corp40671 6,821,907.55 6,821,716.21 02/15/20284.71005/23/2023 6,846,602.86 1,729891941AD8 4.759 13,755,264.28 1,67913,812,430.3413,756,184.0714,287,630.89Subtotal and Average 821 4.874 Municipal Bonds
182State of California GO40449 10,110,000.00 10,171,543.63 04/01/20262.65001/07/2022 10,051,564.20 1,54513063DMA3 1.392 365State of California GO40581 5,570,000.00 5,500,983.81 10/01/20262.37509/09/2022 5,495,584.80 1,48313063DRD2 3.721 365State of California GO40620 5,000,000.00 5,057,977.04 10/01/20265.70011/17/2022 5,088,000.00 1,41413063D3A4 4.424 365State of California GO40626 7,075,000.00 7,168,216.86 10/01/20265.70012/08/2022 7,199,520.00 1,39313063D3A4 4.257 853State of California GO40649 12,000,000.00 11,380,360.00 02/01/20281.70002/01/2023 11,456,880.00 1,82613063DC48 4.175 516State of California GO40655 7,000,000.00 7,000,000.00 03/01/20274.84603/15/2023 7,096,180.00 1,44713063D3N6 4.845 365State of California GO40717 5,460,000.00 5,347,260.19 10/01/20262.37512/11/2023 5,387,054.40 1,02513063DRD2 4.598 0California Infra & Econ Dev40323 1,385,000.00 1,385,000.00 10/01/20250.76512/17/2020 1,385,000.00 1,74913034AL65 0.765 547CALIFORNIA ST PUB WKS BRD LEAS40831 2,500,000.00 2,500,000.00 04/01/20274.44904/17/2025 2,513,600.00 71413068XNS4 4.448 913CALIFORNIA ST PUB WKS BRD LEAS40832 2,500,000.00 2,500,000.00 04/01/20284.52504/17/2025 2,522,800.00 1,08013068XNT2 4.524 31California State Univ Rev40318 10,000,000.00 10,000,652.03 11/01/20250.88511/02/2020 9,973,700.00 1,82513077DML3 0.805 61CA Dept of Water Resource Pwr40623 3,155,000.00 3,136,271.01 12/01/20250.79011/28/2022 3,137,710.60 1,09913067WRC8 4.648 0State of Hawaii GO40317 5,000,000.00 5,000,000.00 10/01/20250.85210/29/2020 5,000,000.00 1,798419792ZM1 0.790 669State of Hawaii GO40648 25,000,000.00 24,014,059.04 08/01/20271.53501/25/2023 24,007,250.00 1,649419792G34 3.902 669State of Hawaii GO40681 2,530,000.00 2,414,799.43 08/01/20271.53506/05/2023 2,429,533.70 1,518419792G34 4.272 730State of Hawaii GO40718 4,360,000.00 4,398,790.56 10/01/20275.00012/19/2023 4,468,782.00 1,382419792M29 4.509 1,096State of Hawaii GO40719 2,000,000.00 2,025,601.39 10/01/20285.00012/19/2023 2,068,580.00 1,748419792M37 4.519 335City of Los Angeles40872 5,300,000.00 5,255,383.64 09/01/20263.00008/28/2025 5,257,865.00 369544351PR4 3.946 31State of Massachusetts GO40322 1,000,000.00 1,000,000.00 11/01/20250.69512/03/2020 997,230.00 1,79457582RK88 0.695 669Maryland State GO40652 3,000,000.00 2,910,712.97 08/01/20272.80003/03/2023 2,952,660.00 1,612574193GK8 4.612 165Maryland State GO40656 16,360,000.00 16,360,000.00 03/15/20264.00003/29/2023 16,357,382.40 1,082574193WE4 3.999 530Maryland State GO40678 4,180,000.00 4,174,552.32 03/15/20274.05006/02/2023 4,196,970.80 1,382574193WF1 4.146 1,339Maryland State GO40767 15,000,000.00 15,000,000.00 06/01/20294.44006/18/2024 15,272,400.00 1,809574193WW4 4.440 165New York ST Urban Dev Corp Rev40606 4,565,000.00 4,539,282.25 03/15/20263.17010/11/2022 4,546,146.55 1,2516500354W5 4.518 714NYS Dormitory Authority40596 7,850,000.00 7,900,637.97 09/15/20275.05110/05/2022 8,002,368.50 1,806649902T45 4.677 165NYS Dormitory Authority40828 10,000,000.00 10,000,424.14 03/15/20264.20003/27/2025 10,013,400.00 35364990KHD8 4.189 Portfolio CITY
AP
Run Date: 10/01/2025 - 12:25 PM (PRF_PM2) 7.3.0
Days to
Maturity

Page 6 ends

Par Value Book Value
Maturity
Date
Stated
RateMarket Value
September 30, 2025
Portfolio Details - Investments
Average
BalanceIssuer
Portfolio Management
City of San Jose
YTM
TermCUSIP Investment #
Purchase
Date
Municipal Bonds
896NYS Personal Income Tax Rev40669 2,000,000.00 1,945,952.33 03/15/20283.05905/18/2023 1,966,840.00 1,76364990FY57 4.288 867NYS Personal Income Tax Rev40682 7,075,000.00 6,785,619.49 02/15/20282.65706/09/2023 6,897,488.25 1,71264990FS96 4.592 896NYS Personal Income Tax Rev40759 8,045,000.00 7,490,199.47 03/15/20281.74805/02/2024 7,666,482.75 1,41364990FD76 4.862 243Santa Clara Vly Ca Wtr Dist40787 10,000,000.00 10,000,000.00 06/01/20263.88009/24/2024 10,005,000.00 61580168AGX9 3.877 608Santa Clara Vly Ca Wtr Dist40870 1,000,000.00 1,000,000.00 06/01/20273.79009/10/2025 1,001,100.00 62980168AJJ7 3.787 273San Diego Unified School Dist40862 1,065,000.00 1,064,572.45 07/01/20264.07607/18/2025 1,067,971.35 348797356NW8 4.129 638San Diego Unified School Dist40863 4,340,000.00 4,333,349.24 07/01/20273.93807/18/2025 4,355,493.80 713797356NX6 4.029 31San Francisco City & County40807 5,000,000.00 5,000,000.00 11/01/20254.45002/06/2025 5,001,200.00 26879766DXU8 4.441 0State of Texas GO40319 1,600,000.00 1,600,000.00 10/01/20255.00010/30/2020 1,600,000.00 1,797882724RA7 0.550 730State of Texas GO40712 5,000,000.00 5,000,000.00 10/01/20275.33211/15/2023 5,160,150.00 1,416882724V61 5.332 730State of Texas GO40742 7,810,000.00 7,471,900.12 10/01/20272.18203/20/2024 7,582,494.70 1,290882724RC3 4.549 1,096State of Texas GO40858 2,950,000.00 2,950,000.00 10/01/20284.06607/31/2025 2,980,060.50 1,1588827243S4 4.066 1,461State of Texas GO40859 1,495,000.00 1,495,000.00 10/01/20294.17807/31/2025 1,517,888.45 1,5238827243T2 4.177 591UC General Revenue Bonds40636 2,015,000.00 1,911,720.77 05/15/20271.27201/04/2023 1,935,044.80 1,59291412HJN4 4.812 591UC General Revenue Bonds40704 5,005,000.00 4,733,222.07 05/15/20271.31609/27/2023 4,821,266.45 1,32691412HGF4 5.019 591UC General Revenue Bonds40721 6,190,000.00 5,912,123.97 05/15/20271.31612/22/2023 5,962,765.10 1,24091412HGF4 4.321 761Ventura Cnty Pub Fin Auth Leas40621 3,645,000.00 3,451,441.29 11/01/20271.74111/21/2022 3,486,734.10 1,806923078CX5 4.621 669State of Washington GO40865 18,865,000.00 18,865,000.00 08/01/20273.97008/14/2025 18,973,473.75 71793974FDG5 4.048 1,765State of Washington GO40866 28,325,000.00 28,325,000.00 08/01/20304.07008/14/2025 28,575,959.50 1,81393974FDK6 4.070 295,477,609.48 1,356297,435,576.45299,325,000.00295,099,204.59Subtotal and Average 661 3.955 Mortgage Backed Securities
55Federal Home Loan Mtg Corp40342 1,602,492.00 1,610,350.62 11/25/20250.67001/22/2021 1,596,402.53 1,76830318CAA5 0.537 632Federal Home Loan Mtg Corp40609 3,140,705.23 2,813,716.99 06/25/20272.08010/28/2022 3,024,279.29 1,70130329MAA0 4.989 632Federal Home Loan Mtg Corp40610 4,038,049.61 3,617,636.15 06/25/20272.08010/28/2022 3,888,359.11 1,70130329MAA0 4.989 761Federal Home Loan Mtg Corp40647 19,427,177.80 19,339,148.40 11/01/20273.69001/24/2023 19,342,669.58 1,7423132XGRH1 3.821 693Federal Home Loan Mtg Corp40665 4,805,000.00 4,664,979.30 08/25/20273.28105/08/2023 4,743,303.80 1,5703137FBAJ5 3.997 761Federal Home Loan Mtg Corp40666 9,713,588.90 9,624,041.75 11/01/20273.69005/09/2023 9,671,334.79 1,6373132XGRH1 3.946 822Federal Home Loan Mtg Corp40672 6,700,000.00 6,614,156.25 01/01/20284.25005/25/2023 6,709,112.00 1,6823132XFLR7 4.597 998Federal Home Loan Mtg Corp40697 7,742,263.27 7,575,402.01 06/25/20284.25008/17/2023 7,765,412.64 1,77430333AAA0 4.793 1,059Federal Home Loan Mtg Corp40699 9,617,611.68 9,355,570.23 08/25/20284.39009/22/2023 9,626,459.88 1,79930333MAA4 5.093 1,157Federal Home Loan Mtg Corp40738 2,243,000.00 2,216,276.76 12/01/20284.65002/27/2024 2,246,790.67 1,7393132XGY42 4.973 1,157Federal Home Loan Mtg Corp40746 13,652,000.00 13,605,071.25 12/01/20284.85004/01/2024 13,754,936.08 1,7053132XGZK5 4.977 1,181Federal Home Loan Mtg Corp40755 15,828,868.16 15,696,380.53 12/25/20285.02004/25/2024 16,161,749.26 1,70530336BAA5 5.217 1,332Federal Home Loan Mtg Corp40768 14,615,314.50 14,615,270.65 05/25/20294.80306/13/2024 14,959,359.00 1,8073137HDJJ0 4.775 1,271Federal Home Loan Mtg Corp40771 8,459,515.72 8,501,407.24 03/25/20294.99006/27/2024 8,599,774.49 1,73230337MAA0 4.808 1,332Federal Home Loan Mtg Corp40780 7,000,000.00 7,042,987.00 05/25/20294.72007/25/2024 7,153,370.00 1,7653137HDV56 4.546 1,393Federal Home Loan Mtg Corp40785 5,000,000.00 5,099,900.00 07/25/20294.50809/12/2024 5,077,150.00 1,7773137HFNZ4 4.018 Portfolio CITY
AP
Run Date: 10/01/2025 - 12:25 PM (PRF_PM2) 7.3.0
Days to
Maturity

Page 7 ends

Par Value Book Value
Maturity
Date
Stated
RateMarket Value
September 30, 2025
Portfolio Details - Investments
Average
BalanceIssuer
Portfolio Management
City of San Jose
YTM
TermCUSIP Investment #
Purchase
Date
Mortgage Backed Securities
1,363Federal Home Loan Mtg Corp40786 3,490,633.08 3,507,210.10 06/25/20294.08009/19/2024 3,482,744.25 1,74035802FAA0 3.909 1,485Federal Home Loan Mtg Corp40794 4,909,422.44 4,933,920.46 10/25/20294.91111/21/2024 4,988,415.05 1,79935802CAA7 4.733 1,485Federal Home Loan Mtg Corp40798 9,000,000.00 9,040,878.00 10/25/20294.63012/12/2024 9,183,510.00 1,7783137HHUN9 4.495 1,516Federal Home Loan Mtg Corp40802 2,262,263.00 2,224,288.65 11/25/20294.25012/20/2024 2,277,148.69 1,8013137HHUX7 4.614 1,546Federal Home Loan Mtg Corp40806 5,750,000.00 5,601,414.25 12/25/20294.23001/16/2025 5,783,522.50 1,8043137HHW23 4.810 1,516Federal Home Loan Mtg Corp40813 3,996,802.17 3,986,986.02 11/25/20294.77001/30/2025 4,077,617.51 1,760357912AA2 4.798 1,608Federal Home Loan Mtg Corp40826 6,500,000.00 6,499,928.50 02/25/20304.43003/20/2025 6,588,400.00 1,8033137HKPF5 4.403 1,546Federal Home Loan Mtg Corp40827 4,998,095.94 4,984,711.04 12/25/20294.51003/27/2025 5,052,225.32 1,73435802JAE4 4.544 1,577Federal Home Loan Mtg Corp40834 6,697,064.52 6,672,633.63 01/25/20304.42004/24/2025 6,744,814.59 1,737357913AA0 4.480 1,758Federal Home Loan Mtg Corp40875 10,000,000.00 10,049,930.00 07/25/20304.21009/18/2025 10,001,600.00 1,771357914AA8 4.010 206Federal National Mtg Assn40579 4,568,636.78 4,358,051.18 04/25/20262.46909/12/2022 4,524,458.06 1,3213136AR5S3 3.844 151Federal National Mtg Assn40667 3,762,960.04 3,700,783.00 03/01/20263.44005/09/2023 3,742,715.31 1,0273140HSZG9 4.061 1,004Federal National Mtg Assn40685 25,341,936.00 25,098,415.83 07/01/20284.65007/03/2023 25,422,776.78 1,8253140LKUP6 4.914 974Federal National Mtg Assn40694 7,896,000.00 7,841,098.13 06/01/20284.79007/25/2023 7,928,373.60 1,7733140LKYV9 5.001 974Federal National Mtg Assn40698 12,175,000.00 11,997,130.86 06/01/20284.92008/18/2023 12,227,474.25 1,7493140LKLH4 5.317 242,489,674.78 1,734246,346,259.03244,934,400.84237,391,035.29Subtotal and Average 1,121 4.599 1,1892,622,819,394.88 2,649,072,520.13 669 4.0222,636,140,423.97 2,623,982,141.93Total and Average Portfolio CITY
AP
Run Date: 10/01/2025 - 12:25 PM (PRF_PM2) 7.3.0
Days to
Maturity

Page 8 ends

Par Value Book Value
Stated
RateMarket Value
September 30, 2025
Portfolio Details - Cash
Average
BalanceIssuer
Portfolio Management
City of San Jose
YTM
TermCUSIP Investment #
Purchase
Date

0.00 1,1892,622,819,394.88 2,649,072,520.13 669 4.022
0 0
1,348,190.64
1,348,190.64
1,348,190.64
1,348,190.64
Subtotal
Accrued Interest at PurchaseAverage Balance
2,637,488,614.61 2,625,330,332.57Total Cash and Investments Portfolio CITY
AP
Run Date: 10/01/2025 - 12:25 PM (PRF_PM2) 7.3.0

SECTION E

DETAIL OF INVESTMENT ACTIVITY
Transaction Activity Report summarizes investment activity during the report period by type of activity. The report shows all interest received during the report period, and all maturities, purchases and sales.

Reconciliation of Investment Activities summarizes investment activity during the report period by type of investment. The report shows sale/maturity and purchase dollar amounts that are reflected in portfolio balance of each investment type.

Purchase Report shows the number of purchases placed with each dealer and includes the total dollar amount of purchases per dealer.

THIS PAGE IS INTENTIONALLY LEFT BLANK
City of San Jose
Transaction Activity Report
July 1, 2025 - September 30, 2025
City of San Jose
200 E. Santa Clara St.

San Jose, CA 95113
Sorted by Fund - Transaction Type
All Funds
Total
CashInterest
Principal
Paydowns
New
PrincipalFundInvestment # RedemptionTypeMaturityDateTransactionDateTransactionTypeInv DescripCUSIP 40566 003 222,176,605.86 -222,176,605.8607/01/2025PurchaseCAMP 1.27%CAMP 32936 003 2,542,686.35 -2,542,686.3507/01/2025PurchaseSTPOOL 0.24%CITY 37042 003 38,586,009.69 -38,586,009.6907/01/2025PurchaseSTPOOL 0.22%CSJFA 40856 003 5,692,098.24 -5,692,098.2406/01/203007/07/2025PurchaseCOCA COLA CO, SR191216CV0 40857 003 14,636,779.15 -14,636,779.1505/04/203007/09/2025PurchaseTEXAS INSTRS INC,882508BJ2 40860 003 24,531,770.83 -24,531,770.8312/12/202507/10/2025PurchaseTMCC ZERO CPN89233GZC3 40861 003 24,981,972.22 -24,981,972.2207/10/202807/11/2025PurchaseFEDERAL FARM CR3133ETPN1 40862 003 1,066,506.74 -1,066,506.7407/01/202607/18/2025PurchaseSAN DIEGO CALIF797356NW8 40863 003 4,340,649.31 -4,340,649.3107/01/202707/18/2025PurchaseSAN DIEGO CALIF797356NX6 40864 003 2,994,660.00 -2,994,660.0007/23/203007/23/2025PurchasePEPSICO INC, SR NT713448GH5 40858 003 2,950,000.00 -2,950,000.0010/01/202807/31/2025PurchaseTEXAS ST, TAXABLE8827243S4 40859 003 1,495,000.00 -1,495,000.0010/01/202907/31/2025PurchaseTEXAS ST, TAXABLE8827243T2 40868 003 25,011,375.00 -25,011,375.0007/28/202808/04/2025PurchaseFEDERAL FARM CR3133ETRC3 40867 003 30,000,000.00 -30,000,000.0002/05/202908/05/2025PurchaseFEDERAL FARM CR3133ETRZ2 40869 003 19,635,054.35 -19,635,054.3511/15/202608/07/2025PurchaseUNITED STATES912828U24 40865 003 18,865,000.00 -18,865,000.0008/01/202708/14/2025PurchaseWAS 3.97% MAT93974FDG5 40866 003 28,325,000.00 -28,325,000.0008/01/203008/14/2025PurchaseWASHINGTON ST,93974FDK6 40872 003 5,329,097.00 -5,329,097.0009/01/202608/28/2025PurchaseLOS ANGELES544351PR4 40871 003 30,000,000.00 -30,000,000.0003/02/202909/02/2025PurchaseFEDERAL FARM CR3133ETWD5 40873 003 25,000,000.00 -25,000,000.0009/05/203009/05/2025PurchaseFNMA 4.03% MAT3136GAR68 40870 003 1,000,000.00 -1,000,000.0006/01/202709/10/2025PurchaseSANTA CLARA VY80168AJJ7 40874 003 4,982,050.00 -4,982,050.0009/15/203009/15/2025PurchaseHOME DEPOT INC,437076DJ8 40876 003 25,000,000.00 -25,000,000.0009/17/203009/17/2025PurchaseFAMC 3.75% MAT31424WU75 40875 003 10,069,810.56 -10,069,810.5607/25/203009/18/2025PurchaseFHLMC 4.21% MAT357914AA8 40877 003 20,287,194.29 -20,287,194.2907/15/202609/19/2025PurchaseUNITED STATES91282CHM6 40881 003 40,576,306.35 -40,576,306.3506/15/202609/29/2025PurchaseUNITED STATES91282CHH7 32936 003 81,133.04 -81,133.0407/15/2025PurchaseSTPOOL 0.24%CITY 37042 003 360,589.58 -360,589.5807/15/2025PurchaseSTPOOL 0.22%CSJFA 40566 003 400,494.08 -400,494.0807/01/2025PurchaseCAMP 1.27%CAMP 40566 003 3,543,000.00 -3,543,000.0007/01/2025PurchaseCAMP 1.27%CAMP 40566 003 8,336,000.00 -8,336,000.0007/07/2025PurchaseCAMP 1.27%CAMP 40566 003 8,641,000.00 -8,641,000.0007/08/2025PurchaseCAMP 1.27%CAMP 40566 003 1,488,000.00 -1,488,000.0007/15/2025PurchaseCAMP 1.27%CAMP 40566 003 4,782,000.00 -4,782,000.0007/17/2025PurchaseCAMP 1.27%CAMP 40566 003 3,926,000.00 -3,926,000.0007/21/2025PurchaseCAMP 1.27%CAMP 40566 003 19,792,000.00 -19,792,000.0007/22/2025PurchaseCAMP 1.27%CAMP 40566 003 62,790,000.00 -62,790,000.0007/24/2025PurchaseCAMP 1.27%CAMP Portfolio CITY
AP
Run Date: 10/15/2025 - 11:49 TA (PRF_TA) 7.1.1
Report Ver. 7.3.7
Sorted by Fund - Transaction Type

Page 2 ends

City of San Jose
Total
CashInterest
Principal
Paydowns
New
PrincipalFundInvestment # RedemptionTypeMaturityDateTransactionDateTransactionTypeInv DescripCUSIP 40566 003 18,877,000.00 -18,877,000.0007/28/2025PurchaseCAMP 1.27%CAMP 40566 003 5,729,000.00 -5,729,000.0007/29/2025PurchaseCAMP 1.27%CAMP 40566 003 5,319,000.00 -5,319,000.0007/30/2025PurchaseCAMP 1.27%CAMP 40566 003 16,947,000.00 -16,947,000.0007/31/2025PurchaseCAMP 1.27%CAMP 40566 003 63,636,000.00 -63,636,000.0008/01/2025PurchaseCAMP 1.27%CAMP 40566 003 500,091.60 -500,091.6008/01/2025PurchaseCAMP 1.27%CAMP 40566 003 9,575,000.00 -9,575,000.0008/06/2025PurchaseCAMP 1.27%CAMP 40566 003 2,201,000.00 -2,201,000.0008/11/2025PurchaseCAMP 1.27%CAMP 40566 003 5,737,000.00 -5,737,000.0008/12/2025PurchaseCAMP 1.27%CAMP 40566 003 5,207,000.00 -5,207,000.0008/18/2025PurchaseCAMP 1.27%CAMP 40566 003 5,895,000.00 -5,895,000.0008/19/2025PurchaseCAMP 1.27%CAMP 40566 003 6,248,000.00 -6,248,000.0008/20/2025PurchaseCAMP 1.27%CAMP 40566 003 9,511,000.00 -9,511,000.0008/21/2025PurchaseCAMP 1.27%CAMP 40566 003 30,708,000.00 -30,708,000.0008/22/2025PurchaseCAMP 1.27%CAMP 40566 003 15,424,000.00 -15,424,000.0008/25/2025PurchaseCAMP 1.27%CAMP 40566 003 32,799,000.00 -32,799,000.0008/26/2025PurchaseCAMP 1.27%CAMP 40566 003 26,996,000.00 -26,996,000.0008/27/2025PurchaseCAMP 1.27%CAMP 40566 003 624,325.02 -624,325.0209/02/2025PurchaseCAMP 1.27%CAMP 40566 003 27,519,000.00 -27,519,000.0009/02/2025PurchaseCAMP 1.27%CAMP 40566 003 26,516,000.00 -26,516,000.0009/09/2025PurchaseCAMP 1.27%CAMP 40566 003 8,087,000.00 -8,087,000.0009/11/2025PurchaseCAMP 1.27%CAMP 40566 003 18,445,000.00 -18,445,000.0009/12/2025PurchaseCAMP 1.27%CAMP 40566 003 32,348,000.00 -32,348,000.0009/15/2025PurchaseCAMP 1.27%CAMP 40566 003 4,800,000.00 -4,800,000.0009/16/2025PurchaseCAMP 1.27%CAMP 40566 003 2,324,000.00 -2,324,000.0009/22/2025PurchaseCAMP 1.27%CAMP 40566 003 37,746,000.00 -37,746,000.0009/23/2025PurchaseCAMP 1.27%CAMP 40566 003 6,064,000.00 -6,064,000.0009/24/2025PurchaseCAMP 1.27%CAMP 40566 003 12,057,000.00 -12,057,000.0009/25/2025PurchaseCAMP 1.27%CAMP 40566 003 8,411,000.00 -8,411,000.0009/26/2025PurchaseCAMP 1.27%CAMP 40566 003 30,295,000.00 -30,295,000.0009/30/2025PurchaseCAMP 1.27%CAMP 40670 003 1,676,148.70 1,676,148.70Sale06/15/202607/15/2025RedemptionHALST 2023-B A3448980AD4 40671 003 546,148.53 546,148.53Sale02/15/202807/15/2025RedemptionTAOT 2023-B A3 891941AD8 40671 003 558,254.38 558,254.38Sale02/15/202808/15/2025RedemptionTAOT 2023-B A3 891941AD8 40671 003 520,281.94 520,281.94Sale02/15/202809/15/2025RedemptionTAOT 2023-B A3 891941AD8 40674 003 641,838.85 641,838.85Sale11/15/202707/15/2025RedemptionHAROT 2023-2 A3437927AC0 40674 003 630,981.33 630,981.33Sale11/15/202708/15/2025RedemptionHAROT 2023-2 A3437927AC0 40674 003 620,466.99 620,466.99Sale11/15/202709/15/2025RedemptionHAROT 2023-2 A3437927AC0 40795 003 20,000,000.00 20,000,000.00Call11/20/202608/20/2025RedemptionFEDERAL HOME3130B3TZ6 40812 003 30,000,000.00 30,000,000.00Call01/24/202807/24/2025RedemptionFHLB 4.85% MAT3130B4RN3 40825 003 25,000,000.00 25,000,000.00Call02/28/202808/28/2025RedemptionFHLMC 4.75% MAT3134HBBK6 40848 003 20,000,000.00 20,000,000.00Call06/12/203009/12/2025RedemptionFHLMC 5.% MAT3134HBUR0 40566 003 3,675,000.00 3,675,000.0007/02/2025RedemptionCAMP 1.27%CAMP 40566 003 38,987,000.00 38,987,000.0007/03/2025RedemptionCAMP 1.27%CAMP Portfolio CITY
AP
Run Date: 10/15/2025 - 11:49 TA (PRF_TA) 7.1.1
Report Ver. 7.3.7
Sorted by Fund - Transaction Type

Page 3 ends

City of San Jose
Total
CashInterest
Principal
Paydowns
New
PrincipalFundInvestment # RedemptionTypeMaturityDateTransactionDateTransactionTypeInv DescripCUSIP 40566 003 11,174,000.00 11,174,000.0007/09/2025RedemptionCAMP 1.27%CAMP 40566 003 21,616,000.00 21,616,000.0007/10/2025RedemptionCAMP 1.27%CAMP 40566 003 74,620,000.00 74,620,000.0007/11/2025RedemptionCAMP 1.27%CAMP 40566 003 2,187,000.00 2,187,000.0007/14/2025RedemptionCAMP 1.27%CAMP 40566 003 15,219,000.00 15,219,000.0007/16/2025RedemptionCAMP 1.27%CAMP 40566 003 28,751,000.00 28,751,000.0007/18/2025RedemptionCAMP 1.27%CAMP 40566 003 1,360,000.00 1,360,000.0007/23/2025RedemptionCAMP 1.27%CAMP 40566 003 2,129,000.00 2,129,000.0007/25/2025RedemptionCAMP 1.27%CAMP 40566 003 14,569,000.00 14,569,000.0008/04/2025RedemptionCAMP 1.27%CAMP 40566 003 21,455,000.00 21,455,000.0008/05/2025RedemptionCAMP 1.27%CAMP 40566 003 3,506,000.00 3,506,000.0008/07/2025RedemptionCAMP 1.27%CAMP 40566 003 69,053,000.00 69,053,000.0008/08/2025RedemptionCAMP 1.27%CAMP 40566 003 2,142,000.00 2,142,000.0008/13/2025RedemptionCAMP 1.27%CAMP 40566 003 37,880,000.00 37,880,000.0008/14/2025RedemptionCAMP 1.27%CAMP 40566 003 16,458,000.00 16,458,000.0008/15/2025RedemptionCAMP 1.27%CAMP 40566 003 14,798,000.00 14,798,000.0008/22/2025RedemptionCAMP 1.27%CAMP 40566 003 17,928,000.00 17,928,000.0008/28/2025RedemptionCAMP 1.27%CAMP 40566 003 6,660,000.00 6,660,000.0008/29/2025RedemptionCAMP 1.27%CAMP 40566 003 253,000.00 253,000.0009/03/2025RedemptionCAMP 1.27%CAMP 40566 003 3,765,000.00 3,765,000.0009/04/2025RedemptionCAMP 1.27%CAMP 40566 003 89,941,000.00 89,941,000.0009/05/2025RedemptionCAMP 1.27%CAMP 40566 003 1,595,000.00 1,595,000.0009/08/2025RedemptionCAMP 1.27%CAMP 40566 003 5,327,000.00 5,327,000.0009/10/2025RedemptionCAMP 1.27%CAMP 40566 003 40,863,000.00 40,863,000.0009/17/2025RedemptionCAMP 1.27%CAMP 40566 003 5,017,000.00 5,017,000.0009/18/2025RedemptionCAMP 1.27%CAMP 40566 003 51,350,000.00 51,350,000.0009/19/2025RedemptionCAMP 1.27%CAMP 40566 003 35,037,000.00 35,037,000.0009/29/2025RedemptionCAMP 1.27%CAMP 40297 003 5,000,000.00 5,000,000.00Maturity08/01/202508/01/2025RedemptionMARYLAND ST,574193TR9 40299 003 2,500,000.00 2,500,000.00Maturity07/14/202507/14/2025RedemptionFEDERAL AGRIC31422BJ27 40304 003 14,615,000.00 14,615,000.00Maturity08/01/202508/01/2025RedemptionGEORGIA ST,373385FQ1 40309 003 5,000,000.00 5,000,000.00Maturity09/23/202509/23/2025RedemptionFEDERAL HOME LN3137EAEX3 40329 003 10,000,000.00 10,000,000.00Maturity08/25/202508/25/2025RedemptionFEDERAL NATL MTG3135G05X7 40341 003 10,000,000.00 10,000,000.00Maturity07/28/202507/28/2025RedemptionIBRD 0.375% MAT459058JE4 40503 003 2,350,000.00 2,350,000.00Maturity08/05/202508/05/2025RedemptionFEDERAL NATL MTG3136G4H55 40504 003 1,715,000.00 1,715,000.00Maturity08/28/202508/28/2025RedemptionFEDERAL NATL MTG3136G4R62 40506 003 1,500,000.00 1,500,000.00Maturity09/24/202509/24/2025RedemptionFHLMC 0.57% MAT3134GWUG9 40507 003 17,490,000.00 17,490,000.00Maturity09/30/202509/30/2025RedemptionFEDERAL HOME LN3134GWVN3 40570 003 10,000,000.00 10,000,000.00Maturity07/28/202507/28/2025RedemptionJPM 4.1% MAT48133DQ45 40586 003 10,000,000.00 10,000,000.00Maturity08/31/202508/31/2025RedemptionUNITED STATES9128284Z0 40589 003 9,475,000.00 9,475,000.00Maturity09/01/202509/01/2025RedemptionLOS ANGELES544351QQ5 40594 003 3,820,000.00 3,820,000.00Maturity07/01/202507/01/2025RedemptionUNIVERSITY CALIF91412GU94 40603 003 3,000,000.00 3,000,000.00Maturity09/09/202509/09/2025RedemptionWALMART INC, SR931142EW9 40619 003 4,685,000.00 4,685,000.00Maturity07/01/202507/01/2025RedemptionUNIVERSITY CALIF91412GU94 Portfolio CITY
AP
Run Date: 10/15/2025 - 11:49 TA (PRF_TA) 7.1.1
Report Ver. 7.3.7
Sorted by Fund - Transaction Type

Page 4 ends

City of San Jose
Total
CashInterest
Principal
Paydowns
New
PrincipalFundInvestment # RedemptionTypeMaturityDateTransactionDateTransactionTypeInv DescripCUSIP 40629 003 1,590,277.52 1,590,277.52Call07/01/202507/01/2025RedemptionUTS 3.539% MAT917542QV7 40643 003 10,000,000.00 10,000,000.00Maturity08/28/202508/28/2025RedemptionFEDERAL HOME LN3134GXR63 40651 003 2,020,000.00 2,020,000.00Maturity07/01/202507/01/2025RedemptionUNIVERSITY CALIF91412GU94 40668 003 13,815,000.00 13,815,000.00Maturity07/01/202507/01/2025RedemptionUNIVERSITY CALIF91412GU94 40679 003 8,500,000.00 8,500,000.00Maturity09/24/202509/24/2025RedemptionFEDERAL HOME3130ARCZ2 40684 003 7,975,000.00 7,975,000.00Maturity08/01/202508/01/2025RedemptionHAWAII ST,419792F92 40736 003 1,500,000.00 1,500,000.00Maturity07/01/202507/01/2025RedemptionGAS 4.15% MAT373384TP1 40781 003 30,000,000.00 30,000,000.00Maturity08/31/202508/31/2025RedemptionUSTR 5.% MAT91282CHV6 40782 003 25,000,000.00 25,000,000.00Maturity09/15/202509/15/2025RedemptionUSTR 3.5% MAT91282CFK2 40783 003 20,000,000.00 20,000,000.00Maturity08/15/202508/15/2025RedemptionUNITED STATES91282CFE6 40796 003 30,000,000.00 30,000,000.00Maturity07/01/202507/01/2025RedemptionTMCC ZERO CPN89233GU12 40801 003 7,000,000.00 7,000,000.00Maturity09/15/202509/15/2025RedemptionHOME DEPOT INC,437076CR1 40803 003 30,000,000.00 30,000,000.00Maturity07/01/202507/01/2025RedemptionFHLB DN 07/01/25313385HP4 40808 003 40,000,000.00 40,000,000.00Maturity09/19/202509/19/2025RedemptionFHLB DN 09/19/2025313385LX2 40809 003 40,000,000.00 40,000,000.00Maturity07/01/202507/01/2025RedemptionFHLB DN 07/01/25313385HP4 40810 003 70,000,000.00 70,000,000.00Maturity07/01/202507/01/2025RedemptionFHLB DN 07/01/25313385HP4 40815 003 5,000,000.00 5,000,000.00Maturity07/01/202507/01/2025RedemptionGEORGIA ST,373385JD6 40816 003 13,855,000.00 13,855,000.00Maturity07/01/202507/01/2025RedemptionGEORGIA ST,373385DE0 40820 003 10,780,000.00 10,780,000.00Maturity07/01/202507/01/2025RedemptionGEORGIA ST, GO373385EX7 40836 003 40,000,000.00 40,000,000.00Maturity07/25/202507/25/2025RedemptionFEDERAL HOME LN313397JP7 40842 003 30,000,000.00 30,000,000.00Maturity09/12/202509/12/2025RedemptionFNMA ZERO CPN313589LQ4 40845 003 50,000,000.00 50,000,000.00Maturity08/22/202508/22/2025RedemptionFNMA ZERO CPN313589KT9 40846 003 5,000,000.00 5,000,000.00Maturity08/22/202508/22/2025RedemptionFNMA ZERO CPN313589KT9 40342 003 304,327.20 304,327.2011/25/202507/25/2025RedemptionFRESB 2021-SB8230318CAA5 40579 003 8,966.66 8,966.6604/25/202607/25/2025RedemptionFNA 2016-M5 A23136AR5S3 40609 003 4,805.85 4,805.8506/25/202707/25/2025RedemptionFHLMC 2.08% MAT30329MAA0 40610 003 6,178.95 6,178.9506/25/202707/25/2025RedemptionFHLMC 2.08% MAT30329MAA0 40647 003 28,013.00 28,013.0011/01/202707/25/2025RedemptionFR WN2287 3.69%3132XGRH1 40666 003 14,006.50 14,006.5011/01/202707/25/2025RedemptionFR WN2287 3.69%3132XGRH1 40667 003 6,246.76 6,246.7603/01/202607/25/2025RedemptionFNMA 3.44% MAT3140HSZG9 40697 003 9,073.50 9,073.5006/25/202807/25/2025RedemptionFRESB 2023-SB10830333AAA0 40699 003 8,752.72 8,752.7208/25/202807/25/2025RedemptionFRESB 2023-SB10930333MAA4 40755 003 12,103.69 12,103.6912/25/202807/25/2025RedemptionFRESB 2024-SB11330336BAA5 40768 003 381,851.55 381,851.5505/25/202907/25/2025RedemptionFHMS K522 A2 Mtge3137HDJJ0 40771 003 5,894.53 5,894.5303/25/202907/25/2025RedemptionFHLMC 4.99% MAT30337MAA0 40786 003 1,813.96 1,813.9606/25/202907/25/2025RedemptionFHLMC 4.08% MAT35802FAA0 40794 003 1,779.75 1,779.7510/25/202907/25/2025RedemptionFRESB 2024-SB11735802CAA7 40813 003 431.96 431.9611/25/202907/25/2025RedemptionFRESB 2025-SB118357912AA2 40827 003 338.71 338.7112/25/202907/25/2025RedemptionFRESB 2025-SB119 35802JAE4 40834 003 1,200.44 1,200.4401/25/203007/25/2025RedemptionFHLMC 4.42% MAT357913AA0 40342 003 84,589.20 84,589.2011/25/202508/25/2025RedemptionFRESB 2021-SB8230318CAA5 40579 003 72,296.64 72,296.6404/25/202608/25/2025RedemptionFNA 2016-M5 A23136AR5S3 40609 003 4,532.48 4,532.4806/25/202708/25/2025RedemptionFHLMC 2.08% MAT30329MAA0 Portfolio CITY
AP
Run Date: 10/15/2025 - 11:49 TA (PRF_TA) 7.1.1
Report Ver. 7.3.7
Sorted by Fund - Transaction Type

Page 5 ends

City of San Jose
Total
CashInterest
Principal
Paydowns
New
PrincipalFundInvestment # RedemptionTypeMaturityDateTransactionDateTransactionTypeInv DescripCUSIP 40610 003 5,827.47 5,827.4706/25/202708/25/2025RedemptionFHLMC 2.08% MAT30329MAA0 40647 003 25,662.40 25,662.4011/01/202708/25/2025RedemptionFR WN2287 3.69%3132XGRH1 40666 003 12,831.20 12,831.2011/01/202708/25/2025RedemptionFR WN2287 3.69%3132XGRH1 40667 003 5,818.28 5,818.2803/01/202608/25/2025RedemptionFNMA 3.44% MAT3140HSZG9 40697 003 7,943.26 7,943.2606/25/202808/25/2025RedemptionFRESB 2023-SB10830333AAA0 40699 003 8,182.90 8,182.9008/25/202808/25/2025RedemptionFRESB 2023-SB10930333MAA4 40755 003 10,104.21 10,104.2112/25/202808/25/2025RedemptionFRESB 2024-SB11330336BAA5 40768 003 1,413.30 1,413.3005/25/202908/25/2025RedemptionFHMS K522 A2 Mtge3137HDJJ0 40771 003 4,761.44 4,761.4403/25/202908/25/2025RedemptionFHLMC 4.99% MAT30337MAA0 40786 003 1,455.06 1,455.0606/25/202908/25/2025RedemptionFHLMC 4.08% MAT35802FAA0 40794 003 1,452.66 1,452.6610/25/202908/25/2025RedemptionFRESB 2024-SB11735802CAA7 40813 003 356.64 356.6411/25/202908/25/2025RedemptionFRESB 2025-SB118357912AA2 40827 003 343.45 343.4512/25/202908/25/2025RedemptionFRESB 2025-SB119 35802JAE4 40834 003 1,019.13 1,019.1301/25/203008/25/2025RedemptionFHLMC 4.42% MAT357913AA0 40342 003 643,928.82 643,928.8211/25/202509/25/2025RedemptionFRESB 2021-SB8230318CAA5 40579 003 8,427.61 8,427.6104/25/202609/25/2025RedemptionFNA 2016-M5 A23136AR5S3 40609 003 4,547.00 4,547.0006/25/202709/25/2025RedemptionFHLMC 2.08% MAT30329MAA0 40610 003 5,846.14 5,846.1406/25/202709/25/2025RedemptionFHLMC 2.08% MAT30329MAA0 40647 003 25,762.80 25,762.8011/01/202709/25/2025RedemptionFR WN2287 3.69%3132XGRH1 40666 003 12,881.40 12,881.4011/01/202709/25/2025RedemptionFR WN2287 3.69%3132XGRH1 40667 003 5,839.84 5,839.8403/01/202609/25/2025RedemptionFNMA 3.44% MAT3140HSZG9 40697 003 7,974.54 7,974.5406/25/202809/25/2025RedemptionFRESB 2023-SB10830333AAA0 40699 003 8,196.42 8,196.4208/25/202809/25/2025RedemptionFRESB 2023-SB10930333MAA4 40755 003 10,157.57 10,157.5712/25/202809/25/2025RedemptionFRESB 2024-SB11330336BAA5 40768 003 1,420.65 1,420.6505/25/202909/25/2025RedemptionFHMS K522 A2 Mtge3137HDJJ0 40771 003 4,788.52 4,788.5203/25/202909/25/2025RedemptionFHLMC 4.99% MAT30337MAA0 40786 003 1,463.30 1,463.3006/25/202909/25/2025RedemptionFHLMC 4.08% MAT35802FAA0 40794 003 1,530.32 1,530.3210/25/202909/25/2025RedemptionFRESB 2024-SB11735802CAA7 40813 003 358.56 358.5611/25/202909/25/2025RedemptionFRESB 2025-SB118357912AA2 40827 003 345.42 345.4212/25/202909/25/2025RedemptionFRESB 2025-SB119 35802JAE4 40834 003 1,024.29 1,024.2901/25/203009/25/2025RedemptionFHLMC 4.42% MAT357913AA0 40297 003 16,500.00 16,500.0008/01/202508/01/2025InterestMARYLAND ST,574193TR9 40299 003 6,250.00 6,250.0007/14/202507/14/2025InterestFEDERAL AGRIC31422BJ27 40304 003 37,999.00 37,999.0008/01/202508/01/2025InterestGEORGIA ST,373385FQ1 40309 003 9,375.00 9,375.0009/23/202509/23/2025InterestFEDERAL HOME LN3137EAEX3 40329 003 18,750.00 18,750.0008/25/202508/25/2025InterestFEDERAL NATL MTG3135G05X7 40331 003 41,250.00 41,250.0001/28/202607/28/2025InterestFNMA 0.55% MAT3135G06R9 40334 003 24,000.00 24,000.0001/15/202607/15/2025InterestFEDERAL AGRIC31422B6K1 40337 003 24,000.00 24,000.0001/15/202607/15/2025InterestFEDERAL AGRIC31422B6K1 40340 003 40,000.00 40,000.0001/28/202607/28/2025InterestFEDERAL HOME3130AKPW0 40341 003 18,800.00 18,800.0007/28/202507/28/2025InterestIBRD 0.375% MAT459058JE4 40347 003 22,500.00 22,500.0002/05/202608/05/2025InterestIFC 0.45% MAT45950VPL4 40350 003 25,000.00 25,000.0002/25/202608/25/2025InterestFEDERAL HOME3130AKXX9 Portfolio CITY
AP
Run Date: 10/15/2025 - 11:49 TA (PRF_TA) 7.1.1
Report Ver. 7.3.7
Sorted by Fund - Transaction Type

Page 6 ends

City of San Jose
Total
CashInterest
Principal
Paydowns
New
PrincipalFundInvestment # RedemptionTypeMaturityDateTransactionDateTransactionTypeInv DescripCUSIP 40353 003 25,000.00 25,000.0002/25/202608/25/2025InterestFEDERAL HOME3130AKXX9 40354 003 15,000.00 15,000.0002/18/202608/18/2025InterestIBRD 0.6% MAT45905U5Y6 40355 003 15,000.00 15,000.0002/18/202608/18/2025InterestIBRD 0.6% MAT45905U5Y6 40357 003 32,500.00 32,500.0002/20/202608/20/2025InterestIADB 0.65% MAT45818WCZ7 40358 003 40,000.00 40,000.0003/09/202609/09/2025InterestFEDERAL FARM CR3133EMSU7 40470 003 120,000.00 120,000.0003/05/202609/05/2025InterestFEDERAL HOME3130ALHH0 40475 003 45,000.00 45,000.0010/28/202507/28/2025InterestFEDERAL HOME3130AQMQ3 40479 003 82,800.00 82,800.0001/27/202607/27/2025InterestFFCB 1.6% MAT3133ENMH0 40486 003 165,135.00 165,135.0002/16/202708/16/2025InterestFEDERAL FARM CR3133ENPB0 40503 003 6,462.50 6,462.5008/05/202508/05/2025InterestFEDERAL NATL MTG3136G4H55 40504 003 5,359.38 5,359.3808/28/202508/28/2025InterestFEDERAL NATL MTG3136G4R62 40506 003 4,275.00 4,275.0009/24/202509/24/2025InterestFHLMC 0.57% MAT3134GWUG9 40507 003 52,470.00 52,470.0009/30/202509/30/2025InterestFEDERAL HOME LN3134GWVN3 40569 003 228,500.00 228,500.0007/28/202707/28/2025InterestJPM 4.57% MAT48133DP95 40570 003 205,000.00 205,000.0007/28/202507/28/2025InterestJPM 4.1% MAT48133DQ45 40571 003 212,500.00 212,500.0007/28/202607/28/2025InterestJPM 4.25% MAT48133DQ52 40574 003 170,826.25 170,826.2503/01/202609/01/2025InterestJOHNSON &478160BY9 40575 003 51,621.50 51,621.5003/01/202609/01/2025InterestJOHNSON &478160BY9 40580 003 127,131.00 127,131.0008/15/202708/15/2025InterestCL 3.1% MAT194162AN3 40586 003 137,500.00 137,500.0008/31/202508/31/2025InterestUNITED STATES9128284Z0 40589 003 236,875.00 236,875.0009/01/202509/01/2025InterestLOS ANGELES544351QQ5 40594 003 58,503.30 58,503.3007/01/202507/01/2025InterestUNIVERSITY CALIF91412GU94 40596 003 198,251.75 198,251.7509/15/202709/15/2025InterestNEW YORK ST649902T45 40598 003 80,437.50 80,437.5009/19/202609/19/2025Interest3M CO, FR88579YAV3 40599 003 122,250.00 122,250.0008/11/202608/11/2025InterestADM 2.5% MAT039483BL5 40601 003 115,187.50 115,187.5008/11/202608/11/2025InterestADM 2.5% MAT039483BL5 40603 003 58,500.00 58,500.0009/09/202509/09/2025InterestWALMART INC, SR931142EW9 40606 003 72,355.25 72,355.2503/15/202609/15/2025InterestNEW YORK ST6500354W5 40608 003 52,500.00 52,500.0009/17/202609/17/2025InterestWALMART INC, NT931142ER0 40619 003 71,750.78 71,750.7807/01/202507/01/2025InterestUNIVERSITY CALIF91412GU94 40624 003 139,194.00 139,194.0002/06/202708/06/2025InterestMICROSOFT CORP,594918BY9 40628 003 133,722.00 133,722.0008/12/202708/12/2025InterestCATERPILLAR FINL14913R3A3 40629 003 28,139.96 28,139.9607/01/202507/01/2025InterestUTS 3.539% MAT917542QV7 40630 003 54,892.25 54,892.2508/17/202608/17/2025InterestBK 2.45% MAT06406FAE3 40634 003 103,750.00 103,750.0009/15/202709/15/2025InterestDEERE JOHN24422EWK1 40637 003 240,000.00 240,000.0001/09/202607/09/2025InterestDEERE JOHN24422EWP0 40640 003 100,000.00 100,000.0002/04/202708/04/2025InterestPACCAR FINANCIAL69371RR65 40643 003 202,500.00 202,500.0008/28/202508/28/2025InterestFEDERAL HOME LN3134GXR63 40648 003 191,875.00 191,875.0008/01/202708/01/2025InterestHAWAII ST,419792G34 40649 003 102,000.00 102,000.0002/01/202808/01/2025InterestCALIFORNIA ST,13063DC48 40651 003 30,936.30 30,936.3007/01/202507/01/2025InterestUNIVERSITY CALIF91412GU94 40652 003 42,000.00 42,000.0008/01/202708/01/2025InterestMARYLAND ST, GO574193GK8 40655 003 169,610.00 169,610.0003/01/202709/01/2025InterestCALIFORNIA ST,13063D3N6 Portfolio CITY
AP
Run Date: 10/15/2025 - 11:49 TA (PRF_TA) 7.1.1
Report Ver. 7.3.7
Sorted by Fund - Transaction Type

Page 7 ends

City of San Jose
Total
CashInterest
Principal
Paydowns
New
PrincipalFundInvestment # RedemptionTypeMaturityDateTransactionDateTransactionTypeInv DescripCUSIP 40656 003 327,200.00 327,200.0003/15/202609/15/2025InterestMARYLAND ST,574193WE4 40660 003 99,093.75 99,093.7509/17/202609/17/2025InterestWALMART INC, NT931142ER0 40662 003 21,250.00 21,250.0002/10/202708/10/2025InterestIBRD 0.85 02/10/2027459058JT1 40664 003 42,500.00 42,500.0002/10/202708/10/2025InterestIBRD 0.85 02/10/2027459058JT1 40668 003 211,576.73 211,576.7307/01/202507/01/2025InterestUNIVERSITY CALIF91412GU94 40669 003 30,590.00 30,590.0003/15/202809/15/2025InterestNEW YORK ST64990FY57 40670 003 7,193.63 7,193.6306/15/202607/15/2025InterestHALST 2023-B A3448980AD4 40670 003 0.0006/15/202608/15/2025InterestHALST 2023-B A3448980AD4 40670 003 0.0006/15/202609/15/2025InterestHALST 2023-B A3448980AD4 40671 003 33,153.23 33,153.2302/15/202807/15/2025InterestTAOT 2023-B A3 891941AD8 40671 003 31,009.48 31,009.4802/15/202808/15/2025InterestTAOT 2023-B A3 891941AD8 40671 003 28,818.21 28,818.2102/15/202809/15/2025InterestTAOT 2023-B A3 891941AD8 40674 003 36,267.83 36,267.8311/15/202707/15/2025InterestHAROT 2023-2 A3437927AC0 40674 003 33,630.52 33,630.5211/15/202708/15/2025InterestHAROT 2023-2 A3437927AC0 40674 003 31,037.82 31,037.8211/15/202709/15/2025InterestHAROT 2023-2 A3437927AC0 40678 003 84,645.00 84,645.0003/15/202709/15/2025InterestMARYLAND ST,574193WF1 40679 003 91,800.00 91,800.0009/24/202509/24/2025InterestFEDERAL HOME3130ARCZ2 40681 003 19,417.75 19,417.7508/01/202708/01/2025InterestHAWAII ST,419792G34 40682 003 93,991.38 93,991.3802/15/202808/15/2025InterestNEW YORK ST64990FS96 40684 003 41,190.88 41,190.8808/01/202508/01/2025InterestHAWAII ST,419792F92 40693 003 206,062.50 206,062.5002/24/202808/24/2025InterestIADB 4.375% MAT45818WEK8 40713 003 149,850.00 149,850.0008/15/202608/15/2025InterestGOOG 1.998% MAT02079KAC1 40720 003 35,000.00 35,000.0003/10/202809/10/2025InterestFEDERAL FARM CR3133EMSW3 40730 003 49,763.00 49,763.0008/05/202808/05/2025InterestAPPLE INC, SR GLBL037833EH9 40731 003 743,750.00 743,750.0001/15/202907/15/2025InterestHONEYWELL INTL438516CL8 40736 003 31,125.00 31,125.0007/01/202507/01/2025InterestGAS 4.15% MAT373384TP1 40753 003 225,000.00 225,000.0001/16/202907/16/2025InterestJOHN DEERE24422EXH7 40759 003 70,313.30 70,313.3003/15/202809/15/2025InterestNEW YORK ST64990FD76 40762 003 329,000.00 329,000.0003/14/202909/14/2025InterestBLKRK 4.7% MAT09290DAA9 40777 003 409,500.00 409,500.0008/22/202708/22/2025InterestAMZN 3.15% MAT023135BC9 40778 003 162,500.00 162,500.0007/08/202907/08/2025InterestWALMART INC, SR931142EN9 40779 003 135,000.00 135,000.0007/17/202907/17/2025InterestPEPSICO INC, SR NT713448FX1 40781 003 750,000.00 750,000.0008/31/202508/31/2025InterestUSTR 5.% MAT91282CHV6 40782 003 437,500.00 437,500.0009/15/202509/15/2025InterestUSTR 3.5% MAT91282CFK2 40783 003 312,500.00 312,500.0008/15/202508/15/2025InterestUNITED STATES91282CFE6 40784 003 102,500.00 102,500.0001/15/202807/15/2025InterestMASTERCARD57636QBA1 40788 003 468,750.00 468,750.0008/31/202608/31/2025InterestUNITED STATES91282CLH2 40791 003 78,750.00 78,750.0008/22/202708/22/2025InterestAMZN 3.15% MAT023135BC9 40795 003 225,000.00 225,000.0011/20/202608/20/2025InterestFEDERAL HOME3130B3TZ6 40801 003 140,000.00 140,000.0009/15/202509/15/2025InterestHOME DEPOT INC,437076CR1 40812 003 727,500.00 727,500.0001/24/202807/24/2025InterestFHLB 4.85% MAT3130B4RN3 40815 003 16,000.00 16,000.0007/01/202507/01/2025InterestGEORGIA ST,373385JD6 40816 003 214,752.50 214,752.5007/01/202507/01/2025InterestGEORGIA ST,373385DE0 Portfolio CITY
AP
Run Date: 10/15/2025 - 11:49 TA (PRF_TA) 7.1.1
Report Ver. 7.3.7
Sorted by Fund - Transaction Type

Page 8 ends

City of San Jose
Total
CashInterest
Principal
Paydowns
New
PrincipalFundInvestment # RedemptionTypeMaturityDateTransactionDateTransactionTypeInv DescripCUSIP 40817 003 67,500.00 67,500.0002/02/202608/02/2025InterestPG 2.7% MAT742718EP0 40818 003 75,000.00 75,000.0009/15/202809/15/2025InterestHOME DEPOT INC,437076CH3 40819 003 578,125.00 578,125.0008/04/202808/04/2025InterestFederal Home Loan3130B4VX6 40820 003 113,190.00 113,190.0007/01/202507/01/2025InterestGEORGIA ST, GO373385EX7 40821 003 468,000.00 468,000.0002/14/202808/14/2025InterestFHLB 4.68% MAT3130B4ZU8 40822 003 120,701.39 120,701.3903/01/202809/01/2025InterestJOHNSON &478160DH4 40823 003 227,500.00 227,500.0003/03/202809/03/2025InterestPACCAR FINANCIAL69371RT63 40824 003 105,000.00 105,000.0008/14/202908/14/2025InterestLLY 4.2% MAT532457CQ9 40825 003 593,750.00 593,750.0002/28/202808/28/2025InterestFHLMC 4.75% MAT3134HBBK6 40828 003 196,000.00 196,000.0003/15/202609/15/2025InterestNYSHGR 4.2% MAT64990KHD8 40829 003 172,500.00 172,500.0003/25/203009/25/2025InterestCOCA COLA CO, SR191216CT5 40830 003 765,625.00 765,625.0007/31/202607/31/2025InterestUNITED STATES91282CLB5 40848 003 250,000.00 250,000.0006/12/203009/12/2025InterestFHLMC 5.% MAT3134HBUR0 40849 003 113,611.00 113,611.0001/15/202807/15/2025InterestMASTERCARD57636QBA1 40855 003 750,000.00 750,000.0008/31/202608/31/2025InterestUNITED STATES91282CLH2 40872 003 79,500.00 79,500.0009/01/202609/01/2025InterestLOS ANGELES544351PR4 40342 003 1,471.40 1,471.4011/25/202507/25/2025InterestFRESB 2021-SB8230318CAA5 40579 003 9,584.51 9,584.5104/25/202607/25/2025InterestFNA 2016-M5 A23136AR5S3 40609 003 5,467.96 5,467.9606/25/202707/25/2025InterestFHLMC 2.08% MAT30329MAA0 40610 003 7,030.23 7,030.2306/25/202707/25/2025InterestFHLMC 2.08% MAT30329MAA0 40647 003 59,982.84 59,982.8411/01/202707/25/2025InterestFR WN2287 3.69%3132XGRH1 40665 003 13,137.67 13,137.6708/25/202707/25/2025InterestFHLMC 3.281% MAT3137FBAJ5 40666 003 29,991.42 29,991.4211/01/202707/25/2025InterestFR WN2287 3.69%3132XGRH1 40667 003 10,838.48 10,838.4803/01/202607/25/2025InterestFNMA 3.44% MAT3140HSZG9 40672 003 23,729.17 23,729.1701/01/202807/25/2025InterestFHLMC 4.25% MAT3132XFLR7 40685 003 98,200.00 98,200.0007/01/202807/25/2025InterestFN BS8689 4.65%3140LKUP6 40694 003 31,518.20 31,518.2006/01/202807/25/2025InterestFN BS8823 4.79%3140LKYV9 40697 003 27,509.02 27,509.0206/25/202807/25/2025InterestFRESB 2023-SB10830333AAA0 40698 003 49,917.50 49,917.5006/01/202807/25/2025InterestFN BS8427 4.92%3140LKLH4 40699 003 35,276.37 35,276.3708/25/202807/25/2025InterestFRESB 2023-SB10930333MAA4 40738 003 8,691.63 8,691.6312/01/202807/25/2025InterestFR WN2530 Mtge3132XGY42 40746 003 55,176.83 55,176.8312/01/202807/25/2025InterestFR WN2545 MTGE3132XGZK5 40755 003 66,352.82 66,352.8212/25/202807/25/2025InterestFRESB 2024-SB11330336BAA5 40768 003 69,766.58 69,766.5805/25/202907/25/2025InterestFHMS K522 A2 Mtge3137HDJJ0 40771 003 35,241.71 35,241.7103/25/202907/25/2025InterestFHLMC 4.99% MAT30337MAA0 40780 003 27,533.33 27,533.3305/25/202907/25/2025InterestFREMF 2024-K524,3137HDV56 40785 003 18,783.34 18,783.3407/25/202907/25/2025InterestFHLMC 4.508% MAT3137HFNZ4 40786 003 11,884.24 11,884.2406/25/202907/25/2025InterestFHLMC 4.08% MAT35802FAA0 40794 003 20,111.30 20,111.3010/25/202907/25/2025InterestFRESB 2024-SB11735802CAA7 40798 003 34,725.00 34,725.0010/25/202907/25/2025InterestFHMS K531 A23137HHUN9 40802 003 8,012.18 8,012.1811/25/202907/25/2025InterestFHMS K532 A23137HHUX7 40806 003 20,268.75 20,268.7512/25/202907/25/2025InterestFHLMC 4.23% MAT3137HHW23 40813 003 15,891.85 15,891.8511/25/202907/25/2025InterestFRESB 2025-SB118357912AA2 Portfolio CITY
AP
Run Date: 10/15/2025 - 11:49 TA (PRF_TA) 7.1.1
Report Ver. 7.3.7
Sorted by Fund - Transaction Type

Page 9 ends

City of San Jose
Total
CashInterest
Principal
Paydowns
New
PrincipalFundInvestment # RedemptionTypeMaturityDateTransactionDateTransactionTypeInv DescripCUSIP 40826 003 23,995.84 23,995.8402/25/203007/25/2025InterestFHMS K537 A23137HKPF5 40827 003 18,788.37 18,788.3712/25/202907/25/2025InterestFRESB 2025-SB119 35802JAE4 40834 003 24,679.47 24,679.4701/25/203007/25/2025InterestFHLMC 4.42% MAT357913AA0 40342 003 1,301.48 1,301.4811/25/202508/25/2025InterestFRESB 2021-SB8230318CAA5 40579 003 9,566.06 9,566.0604/25/202608/25/2025InterestFNA 2016-M5 A23136AR5S3 40609 003 5,459.63 5,459.6306/25/202708/25/2025InterestFHLMC 2.08% MAT30329MAA0 40610 003 7,019.52 7,019.5206/25/202708/25/2025InterestFHLMC 2.08% MAT30329MAA0 40647 003 61,893.26 61,893.2611/01/202708/25/2025InterestFR WN2287 3.69%3132XGRH1 40665 003 13,137.67 13,137.6708/25/202708/25/2025InterestFHLMC 3.281% MAT3137FBAJ5 40666 003 30,946.63 30,946.6311/01/202708/25/2025InterestFR WN2287 3.69%3132XGRH1 40667 003 11,181.26 11,181.2603/01/202608/25/2025InterestFNMA 3.44% MAT3140HSZG9 40672 003 24,520.14 24,520.1401/01/202808/25/2025InterestFHLMC 4.25% MAT3132XFLR7 40685 003 101,473.34 101,473.3407/01/202808/25/2025InterestFN BS8689 4.65%3140LKUP6 40694 003 32,568.81 32,568.8106/01/202808/25/2025InterestFN BS8823 4.79%3140LKYV9 40697 003 27,476.89 27,476.8906/25/202808/25/2025InterestFRESB 2023-SB10830333AAA0 40698 003 51,581.42 51,581.4206/01/202808/25/2025InterestFN BS8427 4.92%3140LKLH4 40699 003 35,244.35 35,244.3508/25/202808/25/2025InterestFRESB 2023-SB10930333MAA4 40738 003 8,981.35 8,981.3512/01/202808/25/2025InterestFR WN2530 Mtge3132XGY42 40746 003 57,016.06 57,016.0612/01/202808/25/2025InterestFR WN2545 MTGE3132XGZK5 40755 003 66,302.19 66,302.1912/25/202808/25/2025InterestFRESB 2024-SB11330336BAA5 40768 003 58,509.14 58,509.1405/25/202908/25/2025InterestFHMS K522 A2 Mtge3137HDJJ0 40771 003 35,217.20 35,217.2003/25/202908/25/2025InterestFHLMC 4.99% MAT30337MAA0 40780 003 27,533.33 27,533.3305/25/202908/25/2025InterestFREMF 2024-K524,3137HDV56 40785 003 18,783.34 18,783.3407/25/202908/25/2025InterestFHLMC 4.508% MAT3137HFNZ4 40786 003 11,878.08 11,878.0806/25/202908/25/2025InterestFHLMC 4.08% MAT35802FAA0 40794 003 20,104.02 20,104.0210/25/202908/25/2025InterestFRESB 2024-SB11735802CAA7 40798 003 34,725.00 34,725.0010/25/202908/25/2025InterestFHMS K531 A23137HHUN9 40802 003 8,012.18 8,012.1811/25/202908/25/2025InterestFHMS K532 A23137HHUX7 40806 003 20,268.75 20,268.7512/25/202908/25/2025InterestFHLMC 4.23% MAT3137HHW23 40813 003 15,890.13 15,890.1311/25/202908/25/2025InterestFRESB 2025-SB118357912AA2 40826 003 23,995.84 23,995.8402/25/203008/25/2025InterestFHMS K537 A23137HKPF5 40827 003 18,787.10 18,787.1012/25/202908/25/2025InterestFRESB 2025-SB119 35802JAE4 40834 003 24,675.05 24,675.0501/25/203008/25/2025InterestFHLMC 4.42% MAT357913AA0 40342 003 1,254.25 1,254.2511/25/202509/25/2025InterestFRESB 2021-SB8230318CAA5 40579 003 9,417.31 9,417.3104/25/202609/25/2025InterestFNA 2016-M5 A23136AR5S3 40609 003 5,451.77 5,451.7706/25/202709/25/2025InterestFHLMC 2.08% MAT30329MAA0 40610 003 7,009.42 7,009.4206/25/202709/25/2025InterestFHLMC 2.08% MAT30329MAA0 40647 003 61,811.72 61,811.7211/01/202709/25/2025InterestFR WN2287 3.69%3132XGRH1 40665 003 13,137.67 13,137.6708/25/202709/25/2025InterestFHLMC 3.281% MAT3137FBAJ5 40666 003 30,905.86 30,905.8611/01/202709/25/2025InterestFR WN2287 3.69%3132XGRH1 40667 003 11,164.02 11,164.0203/01/202609/25/2025InterestFNMA 3.44% MAT3140HSZG9 40672 003 24,520.14 24,520.1401/01/202809/25/2025InterestFHLMC 4.25% MAT3132XFLR7 40685 003 101,473.34 101,473.3407/01/202809/25/2025InterestFN BS8689 4.65%3140LKUP6 Portfolio CITY
AP
Run Date: 10/15/2025 - 11:49 TA (PRF_TA) 7.1.1
Report Ver. 7.3.7
Sorted by Fund - Transaction Type

Page 10 ends

City of San Jose
Total
CashInterest
Principal
Paydowns
New
PrincipalFundInvestment # RedemptionTypeMaturityDateTransactionDateTransactionTypeInv DescripCUSIP 40694 003 32,568.81 32,568.8106/01/202809/25/2025InterestFN BS8823 4.79%3140LKYV9 40697 003 27,448.76 27,448.7606/25/202809/25/2025InterestFRESB 2023-SB10830333AAA0 40698 003 51,581.42 51,581.4206/01/202809/25/2025InterestFN BS8427 4.92%3140LKLH4 40699 003 35,214.41 35,214.4108/25/202809/25/2025InterestFRESB 2023-SB10930333MAA4 40738 003 8,981.35 8,981.3512/01/202809/25/2025InterestFR WN2530 Mtge3132XGY42 40746 003 57,016.06 57,016.0612/01/202809/25/2025InterestFR WN2545 MTGE3132XGZK5 40755 003 66,259.93 66,259.9312/25/202809/25/2025InterestFRESB 2024-SB11330336BAA5 40768 003 58,503.48 58,503.4805/25/202909/25/2025InterestFHMS K522 A2 Mtge3137HDJJ0 40771 003 35,197.40 35,197.4003/25/202909/25/2025InterestFHLMC 4.99% MAT30337MAA0 40780 003 27,533.33 27,533.3305/25/202909/25/2025InterestFREMF 2024-K524,3137HDV56 40785 003 18,783.34 18,783.3407/25/202909/25/2025InterestFHLMC 4.508% MAT3137HFNZ4 40786 003 11,873.13 11,873.1306/25/202909/25/2025InterestFHLMC 4.08% MAT35802FAA0 40794 003 20,098.08 20,098.0810/25/202909/25/2025InterestFRESB 2024-SB11735802CAA7 40798 003 34,725.00 34,725.0010/25/202909/25/2025InterestFHMS K531 A23137HHUN9 40802 003 8,012.18 8,012.1811/25/202909/25/2025InterestFHMS K532 A23137HHUX7 40806 003 20,268.75 20,268.7512/25/202909/25/2025InterestFHLMC 4.23% MAT3137HHW23 40813 003 15,888.71 15,888.7111/25/202909/25/2025InterestFRESB 2025-SB118357912AA2 40826 003 23,995.84 23,995.8402/25/203009/25/2025InterestFHMS K537 A23137HKPF5 40827 003 18,785.81 18,785.8112/25/202909/25/2025InterestFRESB 2025-SB119 35802JAE4 40834 003 24,671.29 24,671.2901/25/203009/25/2025InterestFHLMC 4.42% MAT357913AA0 40566 003 400,494.08 400,494.0807/01/2025InterestCAMP 1.27%CAMP 32936 003 81,133.04 81,133.0407/15/2025InterestSTPOOL 0.24%CITY 37042 003 360,589.58 360,589.5807/15/2025InterestSTPOOL 0.22%CSJFA 36512 003 3.30 3.3008/01/2025InterestFederated GovtVP6000104 40566 003 500,091.60 500,091.6008/01/2025InterestCAMP 1.27%CAMP 40566 003 624,325.02 624,325.0209/02/2025InterestCAMP 1.27%CAMP 40670 003 38.22 38.2206/15/202607/15/2025Cap G/LHALST 2023-B A3448980AD4 40671 003 30.53 30.5302/15/202807/15/2025Cap G/LTAOT 2023-B A3 891941AD8 40671 003 31.21 31.2102/15/202808/15/2025Cap G/LTAOT 2023-B A3 891941AD8 40671 003 29.09 29.0902/15/202809/15/2025Cap G/LTAOT 2023-B A3 891941AD8 40674 003 103.99 103.9911/15/202707/15/2025Cap G/LHAROT 2023-2 A3437927AC0 40674 003 102.24 102.2411/15/202708/15/2025Cap G/LHAROT 2023-2 A3437927AC0 40674 003 100.53 100.5311/15/202709/15/2025Cap G/LHAROT 2023-2 A3437927AC0 40815 003 2,400.00 -2,400.00 0.0007/01/202507/01/2025Accr IntGEORGIA ST,373385JD6 40816 003 32,212.88 -32,212.88 0.0007/01/202507/01/2025Accr IntGEORGIA ST,373385DE0 40820 003 22,009.17 -22,009.17 0.0007/01/202507/01/2025Accr IntGEORGIA ST, GO373385EX7 40824 003 7,000.00 -7,000.00 0.0008/14/202908/14/2025Accr IntLLY 4.2% MAT532457CQ9 40830 003 236,878.45 -236,878.45 0.0007/31/202607/31/2025Accr IntUNITED STATES91282CLB5 40849 003 90,888.80 -90,888.80 0.0001/15/202807/15/2025Accr IntMASTERCARD57636QBA1 40855 003 472,826.09 -472,826.09 0.0008/31/202608/31/2025Accr IntUNITED STATES91282CLH2 40872 003 78,175.00 -78,175.00 0.0009/01/202609/01/2025Accr IntLOS ANGELES544351PR4 Totals for General Pool 1,220,761,259.2 1,343,426,093.0 20,207,626.16 142,872,459.99 Portfolio CITY
AP
Run Date: 10/15/2025 - 11:49 TA (PRF_TA) 7.1.1
Report Ver. 7.3.7
Sorted by Fund - Transaction Type

Page 11 ends

City of San Jose
Total
CashInterest
Principal
Paydowns
New
PrincipalFundInvestment # RedemptionTypeMaturityDateTransactionDateTransactionTypeInv DescripCUSIP Grand Total 1,220,761,259.2 1,343,426,093.0 20,207,626.16 142,872,459.99 Portfolio CITY
AP
Run Date: 10/15/2025 - 11:49 TA (PRF_TA) 7.1.1
Report Ver. 7.3.7

THIS PAGE IS INTENTIONALLY LEFT BLANK

BALANCE SALES OR BALANCE
6/30/2025 MATURITIES ADDITIONS 9/30/2025
Asset Backed Securities 18,948,800.09 5,194,120.73 13,754,679.36 JPA Pool 222,176,605.86 637,315,000.00 590,243,910.70 175,105,516.56 Commercial Paper/Discount 29,212,500.00 30,000,000.00 25,319,270.83 24,531,770.83 Corporate Medium Term Notes 545,025,175.67 20,097,888.80 28,365,357.39 553,292,644.26 Federal Agency Securities 1,091,705,289.82 459,055,000.00 167,270,164.87 799,920,454.69 Mortgage Backed Securities 234,344,503.58 1,788,868.65 9,953,920.41 242,509,555.34 Muni Bonds 321,095,388.82 94,265,074.57 64,739,567.80 291,569,882.05 State Pool 41,128,696.04 441,722.62 41,570,418.66
Supranationals 127,373,686.00 9,933,980.00 117,439,706.00 UST Bills, Notes & Bonds 349,640,497.04 115,709,704.54 111,304,609.68 345,235,402.18 Total 2,980,651,142.92 1,373,359,637.29 997,638,524.30 2,604,930,029.93 NET PURCHASES/(SALES): (375,721,112.99)
PORTFOLIO TURNOVER RATIO: Purchase + Sales/Maturities (at cost) Average Daily Portfolio Balance
JULY THROUGH SEPTEMBER TURNOVER RATIO: 0.89
AVERAGE DAILY PORTFOLIO BALANCE: 2,669,623,916.77

C I T Y O F S A N J O S E

T R E A S U R Y D I V I S I O N

RECONCILIATION OF INVESTMENT ACTIVITIES
7/1/25 THROUGH 9/30/25

THIS PAGE IS INTENTIONALLY LEFT BLANK
City of San Jose
200 E. Santa Clara St.

San Jose, CA 95113
City of San Jose
Purchases Report
Sorted by Dealer - Fund
July 1, 2025 - September 30, 2025
Original
Par Value
Ending
Book Value
Sec.

TypeFund
Maturity
YTM
Accrued Interest
at PurchasePayment Periods DateCUSIP Investment # Issuer Purchase
Date
Principal
Purchased
Rate at
Purchase
Purchased from: CastleOak Securities LP
3,000,000.00 4.300 07/23/2030 2,994,861.732,994,660.0007/23/2025 4.34001/23 - 07/23PEP40864713448GH5 MTN003 Subtotal 2,994,861.732,994,660.00 0.003,000,000.00
Purchased from: Daiwa Capital Markets America
25,000,000.00 4.230 07/28/2028 24,994,081.7024,993,750.00 17,625.0008/04/2025 4.23901/28 - 07/28FFCB408683133ETRC3 MC1003 20,000,000.00 2.000 11/15/2026 19,597,715.0519,543,750.00 91,304.3508/07/2025 3.85311/15 - 05/15USTR40869912828U24 TRC003 30,000,000.00 4.070 03/02/2029 30,000,000.0030,000,000.0009/02/2025 4.07003/02 - 09/02FFCB408713133ETWD5 MC1003 Subtotal 74,591,796.7574,537,500.00 108,929.3575,000,000.00 Purchased from: JP Morgan
5,000,000.00 3.950 09/15/2030 4,982,209.564,982,050.0009/15/2025 4.03003/15 - 09/15HD40874437076DJ8 MTN003 Subtotal 4,982,209.564,982,050.00 0.005,000,000.00
Purchased from: Piper Sandler & Co.
16,451,000.00 1.750 05/04/2030 14,672,999.4314,584,798.56 51,980.5907/09/2025 4.38611/04 - 05/04TXN40857882508BJ2 MTN003 25,000,000.00 4.280 07/10/2028 24,980,557.0024,979,000.00 2,972.2207/11/2025 4.31001/10 - 07/10FFCB408613133ETPN1 MC1003 30,000,000.00 4.570 02/05/2029 30,000,000.0030,000,000.0008/05/2025 4.57002/05 - 08/05FFCB408673133ETRZ2 MC1003 5,300,000.00 3.000 09/01/2026 5,255,383.645,250,922.00 Received08/28/2025 3.94609/01 - 03/01LOS40872544351PR4 MUN003 10,000,000.00 4.210 07/25/2030 10,049,930.0010,049,930.00 19,880.5609/18/2025 4.01010/25 - MonthlyFHLMC40875357914AA8 GN4003 Subtotal 84,958,870.0784,864,650.56 74,833.3786,751,000.00 Purchased from: RBC Capital Markets
25,000,000.00 3.750 09/17/2030 25,000,000.0025,000,000.0009/17/2025 3.75003/17 - 09/17FAMC4087631424WU75 MC1003 20,000,000.00 4.500 07/15/2026 20,120,733.1720,125,781.25 161,413.0409/19/2025 3.70901/15 - 07/15USTR4087791282CHM6 TRC003 Subtotal 45,120,733.1745,125,781.25 161,413.0445,000,000.00 Purchased from: Raymond James & Associates
6,408,000.00 1.650 06/01/2030 5,716,119.095,681,525.04 10,573.2007/07/2025 4.23612/01 - 06/01KO40856191216CV0 MTN003 2,950,000.00 4.066 10/01/2028 2,950,000.002,950,000.0007/31/2025 4.06610/01 - 04/01TXS408588827243S4 MUN003 1,495,000.00 4.178 10/01/2029 1,495,000.001,495,000.0007/31/2025 4.17710/01 - 04/01TXS408598827243T2 MUN003 1,000,000.00 3.790 06/01/2027 1,000,000.001,000,000.0009/10/2025 3.78712/01 - 06/01SCVWTR4087080168AJJ7 MUN003 Subtotal 11,161,119.0911,126,525.04 10,573.2011,853,000.00 Purchased from: Toyota Financial Services
25,000,000.00 4.350 12/12/2025 24,782,500.0024,531,770.8307/10/2025 4.43312/12 - At MaturityTMCC4086089233GZC3 ACP003 Received = Accrued Interest at Purchase was received by report ending date.

Portfolio CITY
AP
Run Date: 10/01/2025 - 13:31 PU (PRF_PU) 7.1.1
Report Ver. 7.3.7
Original
Par Value
Ending
Book Value
Sec.

Type

Page 2 ends

Fund
Maturity
YTM
Accrued Interest
at PurchasePayment Periods
July 1, 2025 - September 30, 2025
Purchases Report
City of San Jose
DateCUSIP Investment # Issuer
Purchase
Date
Principal
Purchased
Rate at
Purchase
Subtotal 24,782,500.0024,531,770.83 0.0025,000,000.00
Purchased from: US Bancorp Advisors
25,000,000.00 4.030 09/05/2030 25,000,000.0025,000,000.0009/05/2025 4.03003/05 - 09/05FNMA408733136GAR68 MC1003 40,000,000.00 4.125 06/15/2026 40,097,677.3640,098,437.50 477,868.8509/29/2025 3.76412/15 - 06/15USTR4088191282CHH7 TRC003 Subtotal 65,097,677.3665,098,437.50 477,868.8565,000,000.00 Purchased from: Wells Fargo Bank

0.00 4.240 0.000.0007/01/2025 4.24007/01 - MonthlyFEDRAT36512VP6000104 LA1003 Subtotal 0.000.00 0.000.00
Purchased from: Wells Fargo Securities
1,065,000.00 4.076 07/01/2026 1,064,572.451,064,456.85 2,049.8907/18/2025 4.12901/01 - 07/01SDGSCD40862797356NW8 MUN003 4,340,000.00 3.938 07/01/2027 4,333,349.244,332,578.60 8,070.7107/18/2025 4.02901/01 - 07/01SDGSCD40863797356NX6 MUN003 18,865,000.00 3.970 08/01/2027 18,865,000.0018,865,000.0008/14/2025 4.04802/14 - 08/14WAS4086593974FDG5 MUN003 28,325,000.00 4.070 08/01/2030 28,325,000.0028,325,000.0008/14/2025 4.07002/01 - 08/01WAS4086693974FDK6 MUN003 Subtotal 52,587,921.6952,587,035.45 10,120.6052,595,000.00 365,848,410.63Total Purchases 369,199,000.00 843,738.41 366,277,689.42 Portfolio CITY
AP
Run Date: 10/01/2025 - 13:31 PU (PRF_PU) 7.1.1
Report Ver. 7.3.7

SECTION F
INDEPENDENT ACCOUNTANT’S REPORT
This is an Independent Accountant’s Report on Applying Agreed- Upon Procedures as of June 30, 2025.

CITY OF

SAN JOSE
Independent Accountant’s Report on
Applying Agreed-Upon Procedures
As of June 30, 2025
w
ww.mgocpa.com Macias Gini & O’Connell LLP
2121 N. California Boulevard, Suite 750
Walnut Creek, CA 94596
1 Independent Accountant’s Report on
Applying Agreed-Upon Procedures
Members of the Public Safety, Finance &
Strategic Support Committee and the
San José City Council
San José, California
We have performed the procedures enumerated belo w on the investment program within the City of San José (City) as of June 30, 2025. The City’s management is responsible for the Ci ty’s compliance with the Investment Policy.

The City’s Finance Department and the Office of the City Auditor (City Auditor) have agreed to and acknowledged that the procedures performed are appr opriate to meet the intended purpose of evaluating whether the investments within the City’s pooled portfolio are in compliance with the City’s Investment Policy dated March 11, 2025 and Finance Department procedures as of June 30, 2025. This report may not be suitable for any other purpose. The procedures perf ormed may not address all the items of interest to a user of this report and may not meet the needs of all users of this report and, as such, users are responsible for determining whether the procedures performed are appropriate for their purposes.

The procedures and associated findings are as follows:

1. Management of the City provided us with a copy of the FY 2024-25 Fourth Quarter Investment Report
(Investment Report) as of June 30, 2025, and we
traced and agreed individual investments, which
includes investment description, maturity date, CUSI P number, book and fair value, to supporting documentation such as custodian/bank statements obtained from the City.

Findin
g: No exceptions were found as a result of applying the procedure.

2. We traced total fair value
of investments listed on the Investment Report as of June 30, 2025 to the City’s general ledger.

Findin
g: No exceptions were found as a result of applying the procedure.

3. We compare
d the types of investments listed in the Investment Report as of June 30, 2025 with the types of inves
tments that are authorized by the City’s Investment Policy.

Findin
g: No exceptions were found as a result of applying the procedure.

4. We read the
Investment Report as of June 30, 2025 to confirm that it contains the information/data required by the City’s Investment Policy and whet her it meets the timing requirements of the City’s Investment Policy, as follows:
a. The Investme
nt Report includes the type of invest ment, issuer, date of maturity, par and do llar amount invested on all securities, investments and monies held by the City.

2 b. The Investment Report includes market value (and source) as of the date of the report of all securities held by the City or under management of any outside party.

c. The Investment Report includes a statement a ddressing the portfolio’s compliance with the portfolio to the City’s Investment Policy.

d. The Investment Report includes a statement address ing the ability of the City to meet the pool’s expenditure requirements for the next six months.

Finding: No exceptions were found as a result of applying the procedure.

5. We calculated the total investment amounts on a cost basis for the investment types listed in the Investment Report as of June 30, 2025, and compared those totals to the maximum portfolio limitations imposed by the City’s Investment Policy for specified investment types.

Finding: No exceptions were found as a result of applying the procedure.

6. We calculated the total investment amounts on a cost basis for issuers listed in the Investment Report as of June 30, 2025, and determined whether total i nvestments for each issuer were less or equal than the maximum portfolio limitations imposed by the City’s Investment Policy.

Finding: No exceptions were found as a result of applying the procedure.

7. We agreed individual investment maturity dates listed in the Investment Report as of June 30, 2025 to the custodian/bank statements and determined whethe r they conform to the maturity requirements of the City’s Investment Policy.

Finding: No exceptions were found as a result of applying the procedure.

8. We obtained and read the third-party custodial agree ment(s) and broker/dealer agreement(s) in effect at the date of the Investment Report to determin e if the agreements contained a clause addressing delivery of securities and that the delivery method conformed to the City’s Investment Policy.

Finding: No exceptions were found as a result of applying the procedure.

9. We recalculated and agreed supporting documentation relevant to the repurchase agreements and, if applicable, the reverse repurchase agreements held by the City on June 30, 2025, to ascertain whether the investments conformed to the City’s Investment Policy.

Finding: Not applicable. No repurchase or revers e repurchase agreements were held by the City on June 30, 2025.

10. We determined through inquiry and observation whet her the responsibilities for initiating, evaluating, and approving transactions are separate from detail accounting and general ledger functions.

Finding: No exceptions were found as a result of applying the procedure.

11. We determined through inquiry and observation whether custodial responsibility for investments is restricted to authorized personnel and separate from personnel with accounting duties.

Finding: No exceptions were found as a result of applying the procedure.

3 12. We determined through inquiry and observation whether responsibilities for detailed investment records in the investment system (Sympro) are separate from general ledger functions.

Finding: No exceptions were found as a result of applying the procedure.

13. We determined through inquiry and document inspec tion whether the City maintains authorized lists of signatures, security dealers, and counterparties and whether those lists are updated periodically.

Finding: No exceptions were found as a result of applying the procedure.

14. We selected an investment purchase and maturit y transaction between January 1, 2025 and June 30, 2025 and determined through inquiry an d document inspection whether the Investment Staff counts and/or confirms its investments as transactions occur.

Finding: No exceptions were found as a result of applying the procedure.

15. We selected an investment purchase and maturit y transaction between January 1, 2025 and June 30, 2025 and determined through inquiry and document inspection whether reconciliations between detailed subsidiary records and general ledger control accounts are prepared by an Accountant or Accounting Technician and reviewed by a Senior Accountant, Supervising Accountant, or Financial Analyst.

Finding: No exceptions were found as a result of applying the procedure.

16. We determined through inquiry and document insp ection whether investment income is periodically recorded in the City’s financial system and reviewed for accuracy.

Finding: No exceptions were found as a result of applying the procedure.

17. We selected an investment purchase and maturit y transaction between January 1, 2025 and June 30, 2025 and determined through inquiry a nd document inspection whether the Deputy Director of Finance - Accounting and the Deputy Director of Finance - Debt and Treasury Management assesses the classification and valuation of its investments at acquisition. If either Deputy Director of Finance position is vacant or unavailable to sign, the Assistant Director of Finance or Director of Finance may sign in place of either Deputy Director of Finance. Additionally, we verified that the quarterly investment report was produced, agendized on Public Safety, Finance, & Strategic Support Committee and City Council meetings and posted on the City’s public website.

Finding: No exceptions were found as a result of applying the procedure.

We were engaged by the City to perform this agreed-upon procedures e ngagement and conducted our engagement in accordance with attestation standards established by the AICPA. We were not engaged to and did not conduct an examination or review engagement, the objective of which would be the expression of an opinion or conclusion, respectively, on whether the investments within the City’s pooled portfolio are in compliance with the City’s Investment Policy dated March 11, 2025 and Finance Department procedures as of June 30, 2025. Accordingly, we do not expr ess such an opinion or conclusion. Had we performed additional procedures, other matters might have come to our attention that would have been reported to you.

4 We are required to be independent of the City and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements related to our agreed-upon procedures engagement.

This report is intended solely for the information and use of the City Council, the Public Safety, Finance & Strategic Support Committee, the City Auditor, and Finance Department and is not intended to be and should not be used by anyone other than these specified parties.

Walnut Creek, California
September 29, 2025

San Jose City CouncilJanuary 13, 2026

San Jose City Council
January 13, 2026