Monthly Investment Report - January 2025 — City Council and Authorities Concurrent, April 8, 2025

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MONTHLY INVESTMENT REPORT
January 2025
City of Santa Clara
Monthly Investment Report

TABLE OF CONTENTS
Page #
1 Summary of Investment Portfolio 1
2 Summary of Investments 5
3 Investment Maturity Distribution Schedule 6
4 Attachment A: Investment Inventory With Market Value 7 5 Attachment B: Statement of Transactions 12
1 CITY OF SANTA CLARA

SUMMARY OF INVESTMENT PORTFOLIO
All securities held by the City of Santa Clara as of January 31, 2025 were in compliance with the City's Investment Policy Statement regarding current market strategy and long-term goals and objectives. All securities held are rated A or higher by two nationally recognized rating agencies. There is adequate cash flow and maturity of investments to meet the City’s needs for the next six months.

The following table provides the breakdown of the total portfolio among the City, the Sports and Open Space Authority (SOSA), and the Housing Authority (HA) as of January 31, 2025.

On January 31, 2025 the cost value and market value of the City's unrestricted pooled investment portfolio were $1,328,557,241 and $1,321,839,036 respectively.

Investment Strategy and Market Update
At the January Federal Open Market Committee (FOMC), the Federal Reserve (Fed) maintained the target range for the federal funds rate at 4.25% to 4.50%. In Fed Chair Jerome Powell’s post meeting press conference, he emphasized the Fed is “not in a hurry” to make further policy rate adjustments as the labor market remains “solid” and inflation “somewhat elevated.” The Consumer Price Index (CPI) and Personal Consumption Expenditures Index (P CE) bot h increased marginally on a year-over-
year basis. Core PCE remained above the Fed’s 2% tar get a t 2.8% YoY, although the annualized three- and six-month rates are beginning to show signs of disinflation.

Non-farm payrolls for January grew 143,000, slightly missing consensus expectations. This was offset by a combined 100,000 upward revision to the already-strong November and December readings, resulting in a 3-month moving average change in nonfarm payrolls at a robust 237,000. The unemployment rate also fell to 4.0%.

After touching multi-month highs in mid-January, U.S. Treasury yields beyond two years decl ined notably ov er the latter half of the month on ebbing inflation fears. Despite the end-of-month rally, the yield on the 10-year U.S. Treasury remains near the higher end of its three-year range, while 2-year yields are closer to the multi-year average.

Yields on 3-month, 2-year, and 10-year U.S. Treasuries ended the month 3 to 4 basis points lower at 4.28%, 4.20%, and 4.54%, respectively. The yield curve continued to steepen as the spread between the 2-year and 10-year U.S. Treasury reached its highest level in nearly three years. This relationship underscores the recent trend of a steepening curve and expectations this dynamic will continue.

COST VALUE PERCENTAGE
City $1,327,395,151 99.91%
SOSA 10,821

0.00%
HA 1,151,269 0.09%
Unrestricted $1,328,557,241 100.00%
Restricted Bond Proceeds 2,415,874
Total Investments $1,330,973,115
2 The City's investment strategy for January 2025 was to invest funds not required to meet current obligations, in securities listed in the prevailing Investment Policy Statement, with maturities not to exceed five years from date of purchase. This strategy ensures safety of the City’s funds, provides liquidity to meet the City’s cash needs, and earns a reasonable portfolio return. PFM Asset Management LLC began actively managing the City’s securities portfolio on September 1, 2020.

As of January 31, 2025, 53.55% of the City’s portfolio cons ists of U.S. Treasury Notes, 21.20% consists of California Asset Management Program (CAMP), 14.76% consists of investment grade Corporate Notes, 4.46% consists of investment grade Asset-Back Securities, 4.31% consists of inves tment grade Mortgage-B acked Securities, 0.56% consists of Negotiable Certificates of Deposit, 0.52% consists of Federal Agencies, and 0.46% consists of Local Agency Investment Fund (LAIF). In addition, City bond proceeds are invested in separate funds and are not included in the calculation of the City’s portfolio yield.

U.S. Treasury Notes

53.55%
Federal Agency Notes

0.52%
Corporate Notes

14.76%
Asset-Backed Securities

4.46%
Negotiable Certificates of
Deposit

0.56%
Mortgage-Backed Securities

4.31%
Money Market Fund

0.00%
Local Agency Investment
Fund (LAIF)

0.46%
California Asset Management
Program (CAMP)

21.20%
Mutual Fund - Traffic Mitigation
Bond Proceeds

0.18%
3 The Ci
ty’s securities portfolio is benchmarked against the ICE BAML 1-5 US Treasury Index.

3.96%

4.43%

4.57%

0.00%

0.50%

1.00%

1.50%

2.00%

2.50%

3.00%

3.50%

4.00%

4.50%

5.00%
Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Oct-23 Jan-24 Apr-24 Jul-24 Oct-24 Jan-25 Securities Portfolio Yield at Cost vs Index 24-Month Average of Yield at Market Securities Portfolio (yield at cost)
City's Benchmark Index (24-month rolling average market yield) BofA 1-5 AAA-A Corp & Gov't Index (24-month rolling average market yield) 4 The f
ollowing table summarizes the investment yields other information of the City’s investment portfolio components, along with comparable-maturity market indices. Also shown are the monthly interest income and aggregate year-to-date income.

Current Month
1/31/2025
Investment Yield
Liquidity Portfolio1 4.52%
LAIF average monthly yield 4.37%
Securities Portfolio2 3.96%
ICE BAML 1-5 US Treasury Index (24-month rolling average market yield) 4.43% ICE BAML 1-5 AAA-A US Corporate & Government Index (24-month rolling average market yield) 4.57%
City Portfolio (Liquidity + Securities) 4.09%
Investment Total Return*
Securities Portfolio 0.42%
ICE BAML 1-5 US Treasury Index 0.49%
ICE BAML 1-5 AAA-A US Corporate & Government Index 0.51% Average Maturity of Investments (in years)
Liquidity Portfolio1 0.90
Securities Portfolio2 2.83
City Portfolio (Liquidity + Securities) 2.25
ICE BAML 1-5 US Treasury Index 2.71
ICE BAML 1-5 AAA-A US Corporate & Government Index 2.73 Cash Interest Income Current Month3 $ 3,046,430
Cash Interest Income Fiscal Year-To-Date3 $ 25,306,164

1. Consists of CAMP P ool, LAIF, Dreyfus Traffic Mitigation Fund, & Principal Sweep Account

2. C
ore long term portfolio managed by PFM Asset Management

3. C
ash basis
* Total rate of return including earnings, distributions, and capital appreciation/depreciation of all portfolio assets 5 CITY OF SANTA CLARA
SUMMARY OF INVESTMENTS JANUARY 31, 2025
PER
COST % OF INVESTMENT

INVESTMENT TYPE VALUE PORTFOLIO POLICY
U.S. Treasury Notes 712,694,517 53.55% No Limit
Federal Agency Notes 6,862,929 0.52% 80%
Corporate Notes 196,426,647 14.76% 25%
Asset-Backed Securities 59,414,048 4.46% 10%
Negotiable Certificates of Deposit 7,500,000 0.56% 30% Mortgage-Backed Securities 57,394,965 4.31% 15%
Money Market Fund 23,257 0.00% 10% Per Fund
Local Agency Investment Fund (LAIF) 6,143,281 0.46% $75 M California Asset Management Program (CAMP) 282,097,597 21.20% No Limit Mutual Fund - Traffic Mitigation Bond Proceeds 2,415,874 0.18% 10% Per Fund TOTAL INVESTMENTS $1,330,973,115 100.00%
6 INVESTMENT MATURITY DISTRIBUTION
AS OF JANUARY 31, 2025

UNRESTRICTED POOLED PORTFOLIO

MATURITY NUMBER OF
(IN MONTHS) COST VALUE INVESTMENTS DISTRIBUTION
DEMAND (a) $ 248,264,135 (a) 4 18.69%
0 TO 6 91,291,939 13 6.87%
7 TO 12 39,521,425 9 2.97%
13 TO 18 60,382,421 9 4.54%
19 TO 24 109,033,035 11 8.21%
25 TO 30 148,989,710 17 11.21%
31 TO 36 137,934,906 18 10.38%
37 TO 42 149,824,181 27 11.28%
43 TO 48 141,171,388 23 10.63%
49 TO 54 131,472,340 18 9.90%
55 TO 60 70,671,761 14 5.32%
TOTAL $1,328,557,241 163 100.00%
Average Maturity of Unrestricted Pool: 2.25 Years
(a) $20 million is earmarked for the City's Electric Utility power-trading. 0%
2%
4%
6%
8%
10%
12%
14%
16%
18%
20%
22%
24%

INVESTMENT MATURITY DISTRIBUTION

UNRESTRICTED POOLED PORTFOLIO
AS OF JANUARY 31, 2025
City of Santa Clara Monthly Report
1/31/2025
Description Issue Date Coupon Rate Maturity Date CUSIP Par Value S&P Rating Settle Date Cost Value YTM at Cost Market Value Unrealized G/L UNITED STATES TREASURY 2/28/2018 2.750% 2/28/2025 9128283Z1 6,200,000.00 AA+ 3/6/2020 6,850,757.82 0.61% 6,192,746.00 -658,011.82 UNITED STATES TREASURY 4/30/2024 4.875% 4/30/2026 91282CKK6 18,735,000.00 AA+ 11/21/2024 18,875,512.50 4.33% 18,877,011.30 1,498.80 UNITED STATES TREASURY 5/31/2024 4.875% 5/31/2026 91282CKS9 15,790,000.00 AA+ 11/21/2024 15,912,125.78 4.34% 15,918,372.70 6,246.92 UNITED STATES TREASURY 9/15/2023 4.625% 9/15/2026 91282CHY0 19,355,000.00 AA+ 11/21/2024 19,456,311.33 4.32% 19,476,742.95 20,431.62 UNITED STATES TREASURY 9/15/2023 4.625% 9/15/2026 91282CHY0 10,000,000.00 AA+ 10/3/ 2023 9,930,468.75 4.88% 10,062,900.00 132,431.25 UNITED STATES TREASURY 10/16/2023 4.625% 10/15/2026 91282CJC6 9,975,000.00 AA+ 1/13/ 2025 10,019,809.57 4.35% 10,039,638.00 19,828.43 UNITED STATES TREASURY 11/15/2023 4.625% 11/15/2026 91282CJK8 24,250,000.00 AA+ 11/20/ 2024 24,413,876.95 4.27% 24,415,870.00 1,993.05 UNITED STATES TREASURY 11/15/2023 4.625% 11/15/2026 91282CJK8 13,925,000.00 AA+ 10/16/ 2024 14,115,380.86 3.93% 14,020,247.00 -95,133.86 UNITED STATES TREASURY 12/15/2023 4.375% 12/15/2026 91282CJP7 11,110,000.00 AA+ 12/18/ 2024 11,138,642.97 4.24% 11,141,219.10 2,576.13 UNITED STATES TREASURY 2/15/2024 4.125% 2/15/2027 91282CKA8 12,205,000.00 AA+ 12/19/2024 12,180,208.59 4.22% 12,183,031.00 2,822.41 UNITED STATES TREASURY 4/15/2024 4.500% 4/15/2027 91282CKJ 9 21,925,000.00 AA+ 11/20/2024 22,050,041.02 4.25% 22,053,480.50 3,439.48 UNITED STATES TREASURY 5/15/2017 2.375% 5/15/2027 912828X88 5,400,000.00 AA+ 8/8/2022 5,248,546.88 3.01% 5,184,864.00 -63,682.88 UNITED STATES TREASURY 5/15/2024 4.500% 5/15/2027 91282CKR 1 15,280,000.00 AA+ 12/18/2024 15,373,112.50 4.23% 15,370,152.00 -2,960.50 UNITED STATES TREASURY 5/15/2024 4.500% 5/15/2027 91282CKR 1 2,200,000.00 AA+ 9/17/2024 2,257,492.19 3.46% 2,212,980.00 -44,512.19 UNITED STATES TREASURY 6/17/2024 4.625% 6/15/2027 91282CKV2 27,665,000.00 AA+ 9/27/2024 28, 426,868.16 3.55% 27, 918,964.70 -507,903.46 UNITED STATES TREASURY 6/17/2024 4.625% 6/15/2027 91282CKV2 5,020,000.00 AA+ 10/22/2024 5,102,947.66 3.96% 5,066,083.60 -36,864.06 UNITED STATES TREASURY 6/17/2024 4.625% 6/15/2027 91282CKV2 10,000,000.00 AA+ 10/16/2024 10, 188,671.88 3.87% 10,091,800.00 -96,871.88 UNITED STATES TREASURY 8/1/2022 2.750% 7/31/2027 91282CFB 2 10,800,000.00 AA+ 9/14/2022 10,392,046.88 3.60% 10,426,212.00 34,165.12 UNITED STATES TREASURY 8/15/1997 6.375% 8/15/2027 912810FA1 9,390,000.00 AA+ 10/ 5/2023 9,913,052.34 4.78% 9,883,350.60 -29,701.74 UNITED STATES TREASURY 8/15/2017 2.250% 8/15/2027 9128282R0 11,115,000.00 AA+ 9/6/2022 10,537,975.20 3.40% 10,594,373.40 56,398.20 UNITED STATES TREASURY 9/30/2022 4.125% 9/30/2027 91282CFM8 7,495,000.00 AA+ 10/11/2024 7,546,528.13 3.88% 7,477,761.50 -68,766.63 UNITED STATES TREASURY 9/30/2022 4.125% 9/30/2027 91282CFM8 3,785,000.00 AA+ 11/3/2022 3,760,308.79 4.27% 3,776,294.50 15,985.71 UNITED STATES TREASURY 10/31/2022 4.125% 10/31/2027 91282CFU 0 18,960,000.00 AA+ 10/11/2024 19, 088,128.13 3.89% 18, 912,600.00 -175,528.13 UNITED STATES TREASURY 10/31/2022 4.125% 10/31/2027 91282CFU 0 4,750,000.00 AA+ 1/31/2023 4,833,310.55 3.72% 4,738,125.00 -95,185.55 UNITED STATES TREASURY 10/31/2022 4.125% 10/31/2027 91282CFU 0 5,100,000.00 AA+ 12/13/2022 5,165,343.75 3.83% 5,087,250.00 -78,093.75 UNITED STATES TREASURY 10/31/2022 4.125% 10/31/2027 91282CFU 0 10,930,000.00 AA+ 12/8/2022 11, 081,995.31 3.81% 10, 902,675.00 -179,320.31 UNITED STATES TREASURY 10/31/2022 4.125% 10/31/2027 91282CFU 0 16,115,000.00 AA+ 9/17/2024 16, 442,335.94 3.43% 16, 074,712.50 -367,623.44 UNITED STATES TREASURY 11/17/1997 6.125% 11/15/2027 912810FB9 3,100,000.00 AA+ 7/ 24/2024 3,288,058.59 4.14% 3 ,256,457.00 -31,601.59 UNITED STATES TREASURY 11/30/2022 3.875% 11/30/2027 91282CFZ9 7,130,000.00 AA+ 9/5/2024 7,182,917.97 3.63% 7,061,765.90 -121,152.07 UNITED STATES TREASURY 1/3/2023 3.875% 12/31/2027 91282CGC9 8,255,000.00 AA+ 1/31/ 2023 8,320,459.57 3.70% 8,175,669.45 -144,790.12 UNITED STATES TREASURY 1/3/2023 3.875% 12/31/2027 91282CGC9 7,325,000.00 AA+ 2/8/ 2023 7,333,583.98 3.85% 7,254,606.75 -78,977.23 UNITED STATES TREASURY 1/3/2023 3.875% 12/31/2027 91282CGC9 4,850,000.00 AA+ 2/2/ 2023 4,906,078.13 3.62% 4,803,391.50 -102,686.63 UNITED STATES TREASURY 1/3/2023 3.875% 12/31/2027 91282CGC9 7,175,000.00 AA+ 9/27/ 2024 7,247,030.27 3.54% 7,106,048.25 -140,982.02 UNITED STATES TREASURY 1/31/2023 3.500% 1/31/2028 91282CGH8 7,505,000.00 AA+ 5/16/ 2023 7,508,517.97 3.49% 7,351,072.45 -157,445.52 UNITED STATES TREASURY 2/28/2023 4.000% 2/29/2028 91282CGP0 8,080,000.00 AA+ 1/26/ 2024 8,063,587.50 4.05% 8,022,551.20 -41,036.30 UNITED STATES TREASURY 2/28/2023 4.000% 2/29/2028 91282CGP0 7,360,000.00 AA+ 5/16/ 2023 7,532,500.00 3.46% 7,307,670.40 -224,829.60 UNITED STATES TREASURY 2/28/2023 4.000% 2/29/2028 91282CGP0 6,600,000.00 AA+ 3/7/ 2023 6,526,781.25 4.25% 6,553,074.00 26,292.75 UNITED STATES TREASURY 2/28/2023 4.000% 2/29/2028 91282CGP0 5,215,000.00 AA+ 10/11/2024 5,230,685.74 3.90% 5 ,177,921.35 -52,764.39 UNITED STATES TREASURY 3/31/2023 3.625% 3/31/2028 91282CGT2 5,765,000.00 AA+ 5/4/ 2023 5,816,569.73 3.42% 5,659,154.60 -157,415.13 UNITED STATES TREASURY 3/31/2023 3.625% 3/31/2028 91282CGT2 5,030,000.00 AA+ 5/2/ 2023 5,023,712.50 3.65% 4,937,649.20 -86,063.30 UNITED STATES TREASURY 5/1/2023 3.500% 4/30/2028 91282CHA2 5,075,000.00 AA+ 5/2/ 2023 5,042,488.28 3.64% 4,958,630.25 -83,858.03 UNITED STATES TREASURY 5/31/2023 3.625% 5/31/2028 91282CHE4 11,735,000.00 AA+ 6/5/ 2023 11,695,577.73 3.70% 11,502,177.60 -193,400.13 UNITED STATES TREASURY 5/31/2023 3.625% 5/31/2028 91282CHE4 8,285,000.00 AA+ 1/26/ 2024 8,149,074.22 4.04% 8,120,625.60 -28,448.62 UNITED STATES TREASURY 6/30/2023 4.000% 6/30/2028 91282CHK0 11,300,000.00 AA+ 7/10/ 2023 11,117,699.22 4.36% 11,205,532.00 87,832.78 UNITED STATES TREASURY 6/30/2023 4.000% 6/30/2028 91282CHK0 1,700,000.00 AA+ 7/3/ 2023 1,687,183.59 4.17% 1,685,788.00 -1,395.59 UNITED STATES TREASURY 7/31/2023 4.125% 7/31/2028 91282CHQ7 4,950,000.00 AA+ 8/2/2023 4,921,962.89 4.25% 4 ,926,240.00 4,277.11 3/5/2025 9:34 AM 1 of 5
Attachment A
City of Santa Clara Monthly Report
1/31/2025
Description Issue Date Coupon Rate Maturity Date CUSIP Par Value S&P Rating Settle Date Cost Value YTM at Cost Market Value Unrealized G/L UNITED STATES TREASURY 8/31/2023 4.375% 8/31/2028 91282CHX2 7,940,000.00 AA+ 1/26/2024 8,054,137.50 4.03% 7 ,962,311.40 -91,826.10 UNITED STATES TREASURY 8/31/2023 4.375% 8/31/2028 91282CHX2 1,735,000.00 AA+ 8/31/2023 1,742,726.17 4.28% 1 ,739,875.35 -2,850.82 UNITED STATES TREASURY 10/31/2023 4.875% 10/31/2028 91282CJF9 5,900,000.00 AA+ 1/4/ 2024 6,140,839.84 3.94% 6 ,016,643.00 -124,196.84 UNITED STATES TREASURY 10/31/2023 4.875% 10/31/2028 91282CJF9 5,160,000.00 AA+ 1/8/ 2024 5,355,717.19 4.00% 5 ,262,013.20 -93,703.99 UNITED STATES TREASURY 11/16/1998 5.250% 11/15/2028 912810FF0 11,160,000.00 AA+ 9/17/2024 11, 969,100.00 3.37% 11, 526,159.60 -442,940.40 UNITED STATES TREASURY 11/30/2023 4.375% 11/30/2028 91282CJN2 8,025,000.00 AA+ 1/26/ 2024 8,150,704.10 4.01% 8 ,045,062.50 -105,641.60 UNITED STATES TREASURY 1/2/2024 3.750% 12/31/2028 91282CJR 3 14,950,000.00 AA+ 1/19/2024 14, 770,132.81 4.02% 14, 652,196.00 -117,936.81 UNITED STATES TREASURY 1/2/2024 3.750% 12/31/2028 91282CJR 3 6,250,000.00 AA+ 1/4/2024 6,202,148.44 3.92% 6,125,500.00 -76,648.44 UNITED STATES TREASURY 1/31/2024 4.000% 1/31/2029 91282CJW 2 6,400,000.00 AA+ 2/13/2024 6,367,750.00 4.11% 6,328,256.00 -39,494.00 UNITED STATES TREASURY 1/31/2024 4.000% 1/31/2029 91282CJW 2 5,030,000.00 AA+ 2/14/2024 4,968,107.42 4.28% 4,973,613.70 5,506.28 UNITED STATES TREASURY 1/31/2024 4.000% 1/31/2029 91282CJW 2 4,735,000.00 AA+ 9/5/2024 4,814,348.24 3.58% 4, 681,920.65 -132,427.59 UNITED STATES TREASURY 2/16/1999 5.250% 2/15/2029 912810FG8 8,610,000.00 AA+ 7/24/2024 9,040,500.00 4.04% 8 ,939,935.20 -100,564.80 UNITED STATES TREASURY 2/29/2024 4.250% 2/28/2029 91282CKD 2 4,375,000.00 AA+ 9/27/2024 4,498,046.88 3.56% 4, 364,412.50 -133,634.38 UNITED STATES TREASURY 2/29/2024 4.250% 2/28/2029 91282CKD 2 2,850,000.00 AA+ 3/7/2024 2,867,923.83 4.11% 2,843,103.00 -24,820.83 UNITED STATES TREASURY 4/1/2024 4.125% 3/31/2029 91282CKG 5 10,050,000.00 AA+ 4/11/2024 9,938,900.39 4.37% 9 ,975,429.00 36,528.61 UNITED STATES TREASURY 4/30/2024 4.625% 4/30/2029 91282CKP5 16,425,000.00 AA+ 4/30/2024 16,412,167.97 4.64% 16,616,844.00 204,676.03 UNITED STATES TREASURY 4/30/2024 4.625% 4/30/2029 91282CKP5 5,625,000.00 AA+ 8/2/2024 5,809,570.31 3.86% 5, 690,700.00 -118,870.31 UNITED STATES TREASURY 5/31/2024 4.500% 5/31/2029 91282CKT 7 4,950,000.00 AA+ 6/7/2024 4,993,892.58 4.30% 4,984,402.50 -9,490.08 UNITED STATES TREASURY 7/1/2024 4.250% 6/30/2029 91282CKX 8 24,360,000.00 AA+ 9/5/2024 25, 072,406.07 3.58% 24, 284,727.60 -787,678.47 UNITED STATES TREASURY 7/1/2024 4.250% 6/30/2029 91282CKX 8 1,100,000.00 AA+ 8/15/2024 1,128,316.41 3.67% 1,096,601.00 -31,715.41 UNITED STATES TREASURY 7/1/2024 4.250% 6/30/2029 91282CKX 8 7,590,000.00 AA+ 7/3/2024 7,538,411.72 4.40% 7,566,546.90 28,135.18 UNITED STATES TREASURY 7/1/2024 4.250% 6/30/2029 91282CKX 8 16,955,000.00 AA+ 7/3/2024 16,858,965.82 4.38% 16,902,609.05 43,643.23 UNITED STATES TREASURY 7/31/2024 4.000% 7/31/2029 91282CLC3 9,575,000.00 AA+ 9/17/2024 9,819,237.30 3.43% 9 ,449,376.00 -369,861.30 UNITED STATES TREASURY 8/31/2022 3.125% 8/31/2029 91282CFJ5 10,650,000.00 AA+ 9/27/2024 10, 429,095.70 3.59% 10, 118,778.00 -310,317.70 UNITED STATES TREASURY 9/3/2024 3.625% 8/31/2029 91282CLK5 12,700,000.00 AA+ 9/5/ 2024 12,736,214.84 3.56% 12,333,859.00 -402,355.84 UNITED STATES TREASURY 9/3/2024 3.625% 8/31/2029 91282CLK5 1,870,000.00 AA+ 9/3/ 2024 1,864,156.25 3.69% 1 ,816,087.90 -48,068.35 UNITED STATES TREASURY 9/30/2024 3.500% 9/30/2029 91282CLN9 5,575,000.00 AA+ 10/10/ 2024 5,481,792.97 3.87% 5 ,380,990.00 -100,802.97 UNITED STATES TREASURY 9/30/2024 3.500% 9/30/2029 91282CLN9 5,185,000.00 AA+ 10/8/2024 5,101,756.45 3.86% 5 ,004,562.00 -97,194.45 UNITED STATES TREASURY 10/31/2024 4.125% 10/31/2029 91282CLR0 3,175,000.00 AA+ 10/31/ 2024 3,172,395.51 4.14% 3 ,146,837.75 -25,557.76 UNITED STATES TREASURY 10/31/2024 4.125% 10/31/2029 91282CLR0 1,140,000.00 AA+ 11/15/ 2024 1,131,539.06 4.29% 1 ,129,888.20 -1,650.86 UNITED STATES TREASURY 12/2/2024 4.125% 11/30/2029 91282CMA6 13,100,000.00 AA+ 12/6/2024 13, 123,539.06 4.08% 12, 985,375.00 -138,164.06 UNITED STATES TREASURY 12/2/2024 4.125% 11/30/2029 91282CMA6 2,700,000.00 AA+ 12/31/2024 2,672,472.66 4.36% 2 ,676,375.00 3,902.34 UNITED STATES TREASURY 12/2/2024 4.125% 11/30/2029 91282CMA6 5,200,000.00 AA+ 12/13/2024 5,178,265.63 4.22% 5,154,500.00 -23,765.63 UNITED STATES TREASURY 1/31/2025 4.250% 1/31/2030 91282CMG 3 2,400,000.00 AA+ 1/31/2025 2,392,968.75 4.32% 2,391,384.00 -1,584.75 U.S. Treasury Bond / Note Subtotal 707,355,000.00 712,694,517.43 705,332,357.85 -7,362,159.58 FANNIE MAE 11/12/2020 0.500% 11/7/2025 3135G06G3 1,860,000.00 AA+ 12/29/2020 1,864,929.00 0.44% 1 ,808,143.20 -56,785.80 FNMA Medium Term Note Subtotal 1,860,000.00 1,864,929.00 1,808,143.20 -56,785.80 FREDDIE MAC 8/30/2022 4.050% 8/28/2025 3134GXS54 5,000,000.00 AA+ 8/30/2022 4,998,000.00 4.06% 4 ,991,150.00 -6,850.00 FHLMC Medium Term Note Subtotal 5,000,000.00 4,998,000.00 4,991,150.00 -6,850.00 FANNIE MAE-ACES 7/1/2023 4.181% 7/1/2028 3136BQDE6 8,358,149.70 AA+ 11/30/ 2023 8,033,944.73 5.14% 8 ,212,717.90 178,773.17 FANNIE MAE-ACES 7/1/2023 4.181% 7/1/2028 3136BQDE6 7,259,650.06 AA+ 7/31/ 2023 7,136,576.30 4.58% 7 ,133,332.13 -3,244.17

FHLMC MULTIFAMILY
STRUCTURED PASS THROU 1/1/2017 3.347% 11/1/2026 3137BTU M1 5,209,960.38 AA+ 5/24/2023 5,049,591.30 4.29% 5,092,163.18 42,571.88 3/5/2025 9:34 AM 2 of 5
Attachment A
City of Santa Clara Monthly Report
1/31/2025
Description Issue Date Coupon Rate Maturity Date CUSIP Par Value S&P Rating Settle Date Cost Value YTM at Cost Market Value Unrealized G/L

FHLMC MULTIFAMILY
STRUCTURED PASS THROU 5/1/2017 3.224% 3/1/2027 3137BXQY1 8,000,000.00 AA+ 8/18/ 2023 7,546,250.00 4.94% 7 ,800,160.00 253,910.00

FHLMC MULTIFAMILY
STRUCTURED PASS THROU 7/1/2017 3.243% 4/1/2027 3137F1G44 4,545,000.00 AA+ 8/18/ 2023 4,285,260.35 4.93% 4 ,424,648.40 139,388.05

FHLMC MULTIFAMILY
STRUCTURED PASS THROU 8/1/2017 3.117% 6/1/2027 3137F2LJ3 6,525,000.00 AA+ 8/22/ 2023 6,101,894.53 4.97% 6 ,328,467.00 226,572.47

FHLMC MULTIFAMILY
STRUCTURED PASS THROU 7/1/2023 4.819% 6/1/2028 3137HAC X2 7,500,000.00 AA+ 7/20/2023 7,574,910.00 4.59% 7,538,550.00 -36,360.00

FHLMC MULTIFAMILY
STRUCTURED PASS THROU 7/1/2023 4.777% 6/1/2028 3137HAD 45 6,042,820.36 AA+ 7/27/2023 6,042,669.30 4.78% 6,031,701.57 -10,967.73

FHLMC MULTIFAMILY
STRUCTURED PASS THROU 10/1/2023 4.740% 8/1/2028 3137HAQ 74 5,750,000.00 AA+ 10/19/2023 5, 623,868.00 5.25% 5,764,547.50 140,679.50 Federal Agency Commercial
Mortgage-Backed Security Subtotal 59,190,580.49 57,394, 964.51 58,326,287.68 931,323.17 ADOBE INC 1/26/2015 3.250% 2/1/2025 00724FAC5 4,000,000.00 A+ 1/26/ 2022 4,183,680.00 1.68% 4 ,000,000.00 -183,680.00 ADOBE INC 4/4/2024 4.800% 4/4/2029 00724PAF 6 1,635,000.00 A+ 4/4/2024 1,632,563.85 4.83% 1,645,186.05 12,622.20 ADOBE INC 4/4/2024 4.800% 4/4/2029 00724PAF 6 1,340,000.00 A+ 4/4/2024 1,337,762.20 4.84% 1,348,348.20 10,586.00 ALPHABET INC 8/9/2016 1.998% 8/15/2026 02079KAC 1 5,740,000.00 AA+ 1/30/2023 5,354,386.80 4.05% 5,545,012.20 190,625.40 AMAZON.COM INC 4/13/2022 3.300% 4/13/2027 023135CF1 6,715,000.00 AA 4/25/2022 6,672,964.10 3.44% 6, 569,418.80 -103,545.30 BANK OF NY MELLON CORP 1/28/2021 0.750% 1/28/2026 06406RAQ 0 9,000,000.00 A 2/10/2021 9,025,920.00 0.69% 8, 683,650.00 -342,270.00 BLACKROCK INC 3/28/2017 3.200% 3/15/2027 09247XAN1 4,140,000.00 AA- 5/18/2022 4,086,055.80 3.50% 4,042,420.20 -43,635.60 BLACKROCK INC 3/28/2017 3.200% 3/15/2027 09247XAN1 4,140,000.00 AA- 5/18/2022 4,085,352.00 3.50% 4,042,420.20 -42,931.80 BLACKROCK INC 3/14/2024 4.700% 3/14/2029 09290DAA9 2,924,000.00 AA- 4/11/2024 2,911,222.12 4.80% 2,936,807.12 25,585.00 BLACKROCK INC 3/14/2024 4.700% 3/14/2029 09290DAA9 350,000.00 AA- 3/14/2024 349,366.50 4.74% 351,533.00 2,166.50 BOFA SECURITIES INC. 3/22/2022 3.384% 4/2/2026 06051GKM 0 5,000,000.00 A- 3/22/2022 5,005,100.00 3.36% 4,988,800.00 -16,300.00 BOFA SECURITIES INC. 8/18/2023 5.526% 8/18/2026 06428CAA2 4,000,000.00 A+ 8/18/2023 3,998,360.00 5.54% 4,058,680.00 60,320.00 BOFA SECURITIES INC. 4/22/2021 1.734% 7/22/2027 06051GJS 9 1,420,000.00 A- 8/10/2022 1,281,251.80 3.92% 1 ,358,826.40 77,574.60 BRISTOL-MYERS SQUIBB CO 11/13/2020 0.750% 11/13/2025 110122DN5 5,725,000.00 A 6/ 30/2021 5,672,673.50 0.96% 5 ,564,757.25 -107,916.25 CITIBANK NA 9/29/2023 5.803% 9/29/2028 17325FBB3 11,225,000.00 A+ 9/ 29/2023 11,225,000.00 5.80% 11,604,180.50 379,180.50 ELI LILLY & COMPANY 3/5/2015 2.750% 6/1/2025 532457BH0 5,415,000.00 A+ 2/ 10/2022 5,559,255.60 1.91% 5 ,383,863.75 -175,391.85 ELI LILLY & COMPANY 8/14/2024 4.200% 8/14/2029 532457CQ9 1,555,000.00 A+ 8/14/2024 1,557,643.50 4.16% 1,529,840.10 -27,803.40 ELI LILLY & COMPANY 8/14/2024 4.200% 8/14/ 2029 532457CQ9 445,000.00 A+ 8/14/ 2024 444,025.45 4.25% 437,799.90 -6,225.55 HERSHEY CO/THE 8/21/2015 3.200% 8/21/2025 427866AU2 3,000,000.00 A 3/30/2022 3,014,040.00 3.05% 2 ,982,210.00 -31,830.00

HONEYWELL INTERNATIONAL
INC 5/18/2020 1.350% 6/1/2025 438516CB0 5,000,000.00 A 9/8/2021 5,097,900.00 0.82% 4, 948,550.00 -149,350.00

HONEYWELL INTERNATIONAL
INC 5/18/2020 1.350% 6/1/2025 438516CB0 2,255,000.00 A 3/22/2022 2,181,960.55 2.41% 2,231,796.05 49,835.50 JOHN DEERE CAPITAL CORP 6/17/2021 1.050% 6/17/2026 24422EVR 7 5,000,000.00 A 12/8/2021 4, 908,600.00 1.47% 4, 779,550.00 -129,050.00 JOHN DEERE CAPITAL CORP 7/14/2023 4.950% 7/14/ 2028 24422EXB0 605,000.00 A 7/ 18/2023 610,874.55 4.73% 612,725.85 1,851.30 JOHN DEERE CAPITAL CORP 7/14/2023 4.950% 7/14/ 2028 24422EXB0 505,000.00 A 7/ 14/2023 504,247.55 4.98% 511,448.85 7,201.30 JOHNSON & JOHNSON 8/25/2020 0.550% 9/1/2025 478160CN2 5,000,000.00 AAA 9/3/2020 5,023,550.00 0.45% 4,892,850.00 -130,700.00

JPMORGAN CHASE FINANCIAL
CO LLC 3/13/2020 2.005% 3/13/2026 46647PBH 8 2,800,000.00 A 3/22/2022 2,712,500.00 2.84% 2 ,791,460.00 78,960.00

JPMORGAN CHASE FINANCIAL
CO LLC 4/22/2021 1.578% 4/22/2027 46647PCB0 4,100,000.00 A 8/10/ 2022 3,710,746.00 3.80% 3 ,948,669.00 237,923.00

JPMORGAN CHASE FINANCIAL
CO LLC 2/24/2022 2.947% 2/24/2028 46647PCW4 2,925,000.00 A 9/18/ 2023 2,674,532.25 5.13% 2 ,820,753.00 146,220.75 3/5/2025 9:34 AM 3 of 5
Attachment A
City of Santa Clara Monthly Report
1/31/2025
Description Issue Date Coupon Rate Maturity Date CUSIP Par Value S&P Rating Settle Date Cost Value YTM at Cost Market Value Unrealized G/L

JPMORGAN CHASE FINANCIAL
CO LLC 4/22/2024 5.571% 4/22/2028 46647PEE2 5,000,000.00 A 8/9/2024 5,103,350.00 4.95% 5,081,400.00 -21,950.00 MASTERCARD INC 12/3/2019 2.000% 3/3/2025 57636QAN 4 5,000,000.00 A+ 3/9/2021 5,213,450.00 0.91% 4, 989,950.00 -223,500.00 MASTERCARD INC 12/3/2019 2.000% 3/3/2025 57636QAN4 5, 000,000.00 A+ 3/10/2022 4,990,800.00 2.06% 4 ,989,950.00 -850.00 MASTERCARD INC 5/31/2019 2.950% 6/1/2029 57636QAM 6 7,500,000.00 A+ 6/27/2024 6,889,875.00 4.82% 7,011,450.00 121,575.00 META PLATFORMS INC 8/9/2024 4.300% 8/15/2029 30303M8S4 5,370,000.00 AA- 8/14/ 2024 5,385,895.20 4.23% 5 ,305,398.90 -80,496.30 MICROSOFT CORP 2/12/2015 2.700% 2/12/2025 594918BB9 5,000,000.00 AAA 3/9/2021 5,341,700.00 0.92% 4, 997,600.00 -344,100.00 MORGAN STANLEY BANK NA 5/30/2024 5.504% 5/26/2028 61690U8B9 6,105,000.00 A+ 5/31/2024 6,117,881.55 5.45% 6 ,192,423.60 74,542.05 MORGAN STANLEY BANK NA 5/30/2024 5.504% 5/26/2028 61690U8B9 3,145,000.00 A+ 5/30/2024 3,145,000.00 5.50% 3 ,190,036.40 45,036.40

NOVARTIS FINANCE
CORPORATION 11/20/2015 3.000% 11/20/2025 66989HAJ 7 10,000,000.00 AA- 1/31/2023 9,638,600.00 4.38% 9,895,000.00 256,400.00 PACCAR FINANCIAL CORP 1/31/2024 4.600% 1/31/2029 69371RS8 0 7,000,000.00 A+ 7/30/2024 6,996,080.00 4.61% 6 ,987,820.00 -8,260.00 PEPSICO INC 7/17/2024 4.500% 7/17/2029 713448FX1 4,380,000.00 A+ 7/17/2024 4,373,211.00 4.53% 4,369, 225.20 -3,985.80 QUALCOMM INC 5/20/2015 3.450% 5/20/2025 747525AF0 5,850,000.00 A 5/19/2022 5,860,588.50 3.39% 5,832,099.00 -28,489.50 STATE STREET BANK & TR 2/7/2022 1.746% 2/6/ 2026 857477BR3 1,115,000.00 A 2/7/ 2022 1,115,000.00 1.75 % 1,114,698.95 -301.05 STATE STREET BANK & TR 10/29/2020 2.901% 3/30/2026 857477BM4 4,250,000.00 A 3/ 14/2022 4,275,372.50 2.74% 4 ,237,122.50 -38,250.00 TARGET CORP 1/24/2022 1.950% 1/15/2027 87612EBM 7 4,595,000.00 A 2/1/2022 4,567,889.50 2.08% 4, 385,513.95 -182,375.55 TARGET CORP 1/24/2022 1.950% 1/15/ 2027 87612EBM7 990,000.00 A 1/24/ 2022 988,317.00 1.99% 944,865.90 -43,451.10 TOYOTA MOTOR CREDIT CORP 9/11/2023 5.250% 9/11/2028 89236TLB9 5,600,000.00 A+ 9/11/ 2023 5,590,256.00 5.29% 5 ,703,544.00 113,288.00 WALMART INC. 6/27/2018 3.550% 6/26/2025 931142ED1 5,700,000.00 AA 2/ 8/2022 6,011,847.00 1.87% 5,681,703.00 -330,144.00 Corporate Note Subtotal 197,559,000.00 196,426,647.37 195,521,357.82 -905,289.55

AMERICAN EXPRESS CREDIT
ACCOUNT MASTER 9/19/2023 5.230% 9/15/2028 02582JKD1 6,170,000.00 AAA 9/19/ 2023 6,169,724.20 5.23% 6 ,247,433.50 77,709.30 BA CREDIT CARD TRUST 12/14/2023 4.980% 11/15/2028 05522RDH8 3,045,000.00 NR 12/14/2023 3,044,591.06 4.98% 3,073,196.70 28,605.64 BOFA AUTO TRUST 2024-1 7/31/2023

5.530% 2/15/2028 06428AAC 2 3,120,000.00 NR 7/31/2023 3,119,881.75 5.53% 3,147,331.20 27,449.45 BOFA AUTO TRUST 2024-1 11/21/2023 5.740% 6/15/2028 06054YAC 1 6,595,000.00 NR 11/21/2023 6,594,880.63 5.74% 6,687,395.95 92,515.32 CHASE ISSUANCE TRUST 9/15/2023 5.160% 9/15/2028 161571HT4 6,045,000.00 AAA 9/15/2023 6,043,324.33 5.17% 6 ,110,648.70 67,324.37 CHASE ISSUANCE TRUST 1/31/2024 4.600% 1/16/2029 161571HV9 7,605,000.00 AAA 1/31/2024 7,603,841.76 4.60% 7,621,502.85 17,661.09

CITIBANK CREDIT CARD
ISSUANCE TRUST 12/11/2023 5.230% 12/8/2027 17305EGW9 1,855,000.00 AAA 12/11/ 2023 1,854,767.38 5.23% 1 ,866,278.40 11,511.02 FIFTH THIRD AUTO TRUST 8/23/2023 5.530% 8/15/2028 31680EAD 3 5,270,000.00 AAA 8/23/2023 5,269,673.26 5.53% 5,321,646.00 51,972.74

GM FINANCIAL SECURITIZED
TERM AUTO RECE 1/17/2024 4.850% 12/18/ 2028 36268GAD7 815,000.00 NR 1/ 17/2024 814,836.10 4.85% 818,626.75 3,790.65

HONDA AUTO RECEIVABLES
OWNER TRUST 2024 11/24/2021 0.880% 1/21/ 2026 43815GAC3 194,989.01 NR 11/ 24/2021 194,947.90 0.89 % 193,760.58 -1,187.32

HONDA AUTO RECEIVABLES
OWNER TRUST 2024 8/22/2023 5.410% 2/18/2028 43815QAC1 4,825,000.00 AAA 8/22/2023 4,824,005.09 5.42% 4,868,425.00 44,419.91

HYUNDAI AUTO RECEIVABLES
TRUST 2024-C 11/17/2021 0.740% 5/15/2026 44935FAD6 78,227.91 AAA 11/17/2021 78,210.45 0.75% 78,029.99 -180.46

HYUNDAI AUTO RECEIVABLES
TRUST 2024-C 11/13/2023 5.540% 10/16/2028 44918CAD 4 2,530,000.00 AAA 11/13/2023 2,529,667.31 5.54% 2 ,564,989.90 35,322.59

KUBOTA CREDIT OWNER TRUST
2024-2A 7/26/2023 5.280% 1/18/2028 500945AC4 1,925,000.00 NR 7/26/2023 1,924,513.75 5.29% 1,943, 903.50 19,389.75

TOYOTA AUTO RECEIVABLES
OWNER TRUST COM 9/27/2021 0.430% 1/15/2026 89239BAC5 88,771.37 AAA 9/27/2021 88,764.29 0.43% 88,614.24 -150.05

TOYOTA AUTO RECEIVABLES
OWNER TRUST COM 8/15/2023 5.160% 4/17/2028 89231FAD2 1,505,000.00 AAA 8/15/ 2023 1,504,659.57 5.17% 1 ,515,760.75 11,101.18 3/5/2025 9:34 AM 4 of 5
Attachment A
City of Santa Clara Monthly Report
1/31/2025
Description Issue Date Coupon Rate Maturity Date CUSIP Par Value S&P Rating Settle Date Cost Value YTM at Cost Market Value Unrealized G/L

TOYOTA AUTO RECEIVABLES
OWNER TRUST COM 11/14/2023 5.540% 8/15/2028 89239FAD4 1,725,000.00 AAA 11/14/ 2023 1,724,814.05 5.54% 1,749,512.25 24,698.20 USAA AUTO OWNER TRUST 2024-
A 9/15/2023 5.580% 5/15/2028 90291VAC 4 6,030,000.00 AAA 9/15/2023 6,028,944.75 5.58% 6,079,747.50 50,802.75 Asset-Backed Security Subtotal 59,421,988.29 59,414, 047.63 59,976,803.76 562,756.13 COOPERAT RABOBANK UA/NY 7/20/2023 5.080% 7/17/2026 21684LGS5 7,500,000.00 A+ 7/20/2023 7,500,000.00 5.08% 7,618,800.00 118,800.00 Certificate of Deposit Subtotal 7,500,000.00 7,500,000.00 7,618,800.00 118,800.00

PRINCIPAL PUBLIC DEPOSIT
SWEEP PROGRAM 2.400% 2/1/2025 992995944 23,257.16 9/1/2020 23,257.16 23,257.16 -

LOCAL AGENCY INVESTMENT
FUND 4.477% 2/1/2025 6,143,280.67 9/30/1997 6,143,280.67 6,143,280.67 -

CALIFORNIA ASSET
MANAGEMENT PROGRAM 4.870% 2/1/2025 242,097,597.18 10/4/2022 242,097,597.18 242,097,597.18 -

CALIFORNIA ASSET

MANAGEMENT PROGRAM -
TERM 4.580% 2/3/2025 10,000,000.00 10/2/2024 10,000,000.00 10,000,000.00 -

CALIFORNIA ASSET

MANAGEMENT PROGRAM -
TERM 4.480% 3/3/2025 10,000,000.00 10/2/2024 10,000,000.00 10,000,000.00 -

CALIFORNIA ASSET

MANAGEMENT PROGRAM -
TERM 4.470% 4/4/2025 10,000,000.00 12/6/2024 10,000,000.00 10,000,000.00 -

CALIFORNIA ASSET

MANAGEMENT PROGRAM -
TERM 4.310% 5/6/2025 10,000,000.00 1/8/2025 10,000,000.00 10,000,000.00 -

DREYFUS TREASUR
Y 5.220% 2/1/2025 2,415,874.27 10/31/1997 2,415,874.27 2,415,874.27 - Cash Equivalent Subtotal 290,680,009.28 290,680,009.28 290,680,009.28 - Grand Total Count 164 1,328,566,578.06 1,330,973,115.22 1,324,254,909.59 (6,718,205.63) *NR = Not Rated by S&P Global. These Asset Backed Securities are rated by Moody's Ratings as Aaa. 3/5/2025 9:34 AM 5 of 5
Attachment A
PAGE 19

STATEMENT OF TRANSACTIONS CITY OF SANTA CLARA- CUSTODY
FOR THE PERIOD JANUARY 1, 2025 THROUGH JANUARY 31, 2025 ACCOUNT NUMBER XXXXXXX ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF TRANSACTIONS

REALIZED

CASH EQUIVALENTS
01/17/25 INTEREST RECEIVED 190,500.00
COOPERAT RABOBANK CD 5.080% 7/17/26
CUSIP 21684LGS5
INTEREST ON 7,500,000.000 UNITS
01/02/25 INTEREST RECEIVED 1,056.34

PRINCIPAL PUBLIC DEPOSIT SWEEP PRGRM
INTEREST FROM 12/1/24 TO 12/31/24
01/31/25 1,323,762.42 CASH SWEEP PURCHASES FOR STMT PERIOD 1,323,762.42- 1,323,762.42

PRINCIPAL PUBLIC DEPOSIT SWEEP PRGRM
12 TRANSACTIONS
01/31/25 1,335,237.5- CASH SWEEP SALES FOR STMT PERIOD 1,335,237.50 1,335,237.50-

PRINCIPAL PUBLIC DEPOSIT SWEEP PRGRM
1 TRANSACTIONS

BONDS & NOTES
01/15/25 INTEREST RECEIVED 26,890.91
AMERICAN EXPRES ABS 5.230% 9/15/28
CUSIP 02582JKD1
01/13/25 INTEREST RECEIVED 137,500.00
APPLE INC 2.750% 1/13/25
CUSIP 037833DF4
INTEREST ON 10,000,000.000 UNITS
01/13/25 10,000,000- MATURED 10,000,000.00 10,695,300.00- 695,300.00- APPLE INC 2.750% 1/13/25
CUSIP 037833DF4
AT $100.0000 ON TRADE DATE 01/13/2025
Attachment B
PAGE 20

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 01/15/25 INTEREST RECEIVED 14,378.00
BANK OF AMERICA ABS 5.530% 2/15/28
CUSIP 06428AAC2
$0.00461/PV ON 3,120,000.00 PV
DUE 1/15/25
01/15/25 INTEREST RECEIVED 31,546.08
BANK OF AMERICA ABS 5.740% 6/15/28
CUSIP 06054YAC1
$0.00478/PV ON 6,595,000.00 PV
DUE 1/15/25
01/28/25 INTEREST RECEIVED 33,750.00
BANK OF NY MELLON CO 0.750% 1/28/26
CUSIP 06406RAQ0
INTEREST ON 9,000,000.000 UNITS
01/15/25 INTEREST RECEIVED 12,636.75
BK OF AMERICA ABS 4.980% 11/15/28
CUSIP 05522RDH8
$0.00415/PV ON 3,045,000.00 PV
DUE 1/15/25
01/15/25 INTEREST RECEIVED 29,152.50
CHASE ISSUANCE ABS 4.600% 1/16/29
CUSIP 161571HV9
$0.00383/PV ON 7,605,000.00 PV
DUE 1/15/25
01/15/25 INTEREST RECEIVED 25,993.50
CHASE ISSUANCE ABS 5.160% 9/15/28
CUSIP 161571HT4
$0.00430/PV ON 6,045,000.00 PV
DUE 1/15/25
Attachment B
PAGE 21

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 01/27/25 INTEREST RECEIVED 16,948.69
FED HOME LN MTG CORP 3.117% 6/25/27
CUSIP 3137F2LJ3
$0.00260/PV ON 6,525,000.00 PV
DUE 1/25/25
01/07/25 INTEREST RECEIVED 1,828.13
FED NATL MTG ASSN 1.625% 1/07/25
CUSIP 3135G0X24
INTEREST ON 225,000.000 UNITS
01/07/25 225,000- MATURED 225,000.00 224,970.75- 29.25
FED NATL MTG ASSN 1.625% 1/07/25
CUSIP 3135G0X24
AT $100.0000 ON TRADE DATE 01/07/2025
01/27/25 INTEREST RECEIVED 14,560.29
FHLMC K061 CMO V-M 3.347% 11/25/26
CUSIP 3137BTUM1
$0.00272/PV ON 5,220,302.59 PV
DUE 1/25/25
01/27/25 10,342.21- PAID DOWN 10,342.21 10,023.86- 318.35 FHLMC K061 CMO V-M 3.347% 11/25/26
CUSIP 3137BTUM1
TO SETTLE ON 01/27/2025
01/27/25 INTEREST RECEIVED 22,712.50
FHLMC K508 CMO V-M 4.740% 8/25/28
CUSIP 3137HAQ74
$0.00395/PV ON 5,750,000.00 PV
DUE 1/25/25
01/27/25 INTEREST RECEIVED 12,282.86
FHLMC MULTIFAMILY ST 3.243% 4/25/27
CUSIP 3137F1G44
$0.00270/PV ON 4,545,000.00 PV
DUE 1/25/25
Attachment B
PAGE 22

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 01/27/25 INTEREST RECEIVED 24,072.14
FHLMC SER KJ46 CMO 4.777% 6/25/28
CUSIP 3137HAD45
$0.00394/PV ON 6,047,010.23 PV
DUE 1/25/25
01/27/25 4,189.87- PAID DOWN 4,189.87 4,189.77- 0.10
FHLMC SER KJ46 CMO 4.777% 6/25/28
CUSIP 3137HAD45
TO SETTLE ON 01/27/2025
01/27/25 INTEREST RECEIVED 30,118.75
FHLMC SER K505 CMO 4.819% 6/25/28
CUSIP 3137HACX2
$0.00402/PV ON 7,500,000.00 PV
DUE 1/25/25
01/15/25 INTEREST RECEIVED 24,285.91
FIFTH THIRD AUT ABS 5.530% 8/15/28
CUSIP 31680EAD3
$0.00461/PV ON 5,270,000.00 PV
DUE 1/15/25
01/09/25 0.16 SHARE ADJUSTMENT
FNMA SER M6 CMO V-M 4.181% 7/25/28
CUSIP 3136BQDE6
01/27/25 INTEREST RECEIVED 54,435.49
FNMA SER M6 CMO V-M 4.181% 7/25/28
CUSIP 3136BQDE6
$0.00348/PV ON 15,623,077.53 PV
DUE 1/25/25
01/27/25 5,277.78- PAID DOWN 5,277.78 5,126.63- 151.15
FNMA SER M6 CMO V-M 4.181% 7/25/28
CUSIP 3136BQDE6
TO SETTLE ON 01/27/2025
Attachment B
PAGE 23

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 01/16/25 INTEREST RECEIVED 3,293.96
GM FINANCIAL ABS 4.850% 12/18/28
CUSIP 36268GAD7
$0.00404/PV ON 815,000.00 PV
DUE 1/16/25
01/21/25 INTEREST RECEIVED 21,752.71
HONDA AUTO ABS 5.410% 2/18/28
CUSIP 43815QAC1
$0.00451/PV ON 4,825,000.00 PV
DUE 1/18/25
01/21/25 INTEREST RECEIVED 185.79
HONDA AUTO RECEIVABL 0.880% 1/21/26
CUSIP 43815GAC3
$0.00012/PV ON 253,349.15 PV
DUE 1/21/25
01/21/25 58,360.14- PAID DOWN 58,360.14 58,347.84- 12.30 HONDA AUTO RECEIVABL 0.880% 1/21/26
CUSIP 43815GAC3
01/15/25 INTEREST RECEIVED 11,680.17
HYUNDAI AUTO REC ABS 5.540% 10/16/28
CUSIP 44918CAD4
$0.00462/PV ON 2,530,000.00 PV
DUE 1/15/25
01/15/25 INTEREST RECEIVED 80.23
HYUNDAI AUTO RECEIVA 0.740% 5/15/26
CUSIP 44935FAD6
$0.00006/PV ON 130,095.01 PV
DUE 1/15/25
01/15/25 51,867.1- PAID DOWN 51,867.10 51,855.53- 11.57 HYUNDAI AUTO RECEIVA 0.740% 5/15/26
CUSIP 44935FAD6
AT $362.1046 ON TRADE DATE 01/15/2025
Attachment B
PAGE 24

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 01/14/25 INTEREST RECEIVED 27,472.50
JOHN DEERE CAP MTN 4.950% 7/14/28
CUSIP 24422EXB0
INTEREST ON 1,110,000.000 UNITS
01/15/25 INTEREST RECEIVED 8,470.00
KUBOTA CREDIT ABS 5.280% 1/18/28
CUSIP 500945AC4
$0.00440/PV ON 1,925,000.00 PV
DUE 1/15/25
01/31/25 INTEREST RECEIVED 161,000.00
PACCAR FINANCIAL MTN 4.600% 1/31/29
CUSIP 69371RS80
INTEREST ON 7,000,000.000 UNITS
01/17/25 INTEREST RECEIVED 98,550.00
PEPSICO INC 4.500% 7/17/29
CUSIP 713448FX1
INTEREST ON 4,380,000.000 UNITS
01/15/25 INTEREST RECEIVED 54,453.75
TARGET CORP 1.950% 1/15/27
CUSIP 87612EBM7
INTEREST ON 5,585,000.000 UNITS
01/15/25 INTEREST RECEIVED 6,471.50
TOYOTA AUTO REC ABS 5.160% 4/17/28
CUSIP 89231FAD2
$0.00430/PV ON 1,505,000.00 PV
DUE 1/15/25
01/15/25 INTEREST RECEIVED 7,963.75
TOYOTA AUTO REC ABS 5.540% 8/15/28
CUSIP 89239FAD4
$0.00462/PV ON 1,725,000.00 PV
DUE 1/15/25
Attachment B
PAGE 25

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 01/15/25 INTEREST RECEIVED 66.09
TOYOTA AUTO RECEIVAB 0.430% 1/15/26
CUSIP 89239BAC5
$0.00002/PV ON 184,441.24 PV
DUE 1/15/25
01/15/25 95,669.87- PAID DOWN 95,669.87 95,662.25- 7.62 TOYOTA AUTO RECEIVAB 0.430% 1/15/26
CUSIP 89239BAC5
AT $196.3138 ON TRADE DATE 01/15/2025
01/31/25 INTEREST RECEIVED 102,093.75
U.S. TREASURY BONDS 4.125% 7/31/28
CUSIP 91282CHQ7
INTEREST ON 4,950,000.000 UNITS
01/31/25 INTEREST RECEIVED 148,500.00
U.S. TREASURY NOTES 2.750% 7/31/27
CUSIP 91282CFB2
INTEREST ON 10,800,000.000 UNITS
01/31/25 INTEREST RECEIVED 131,337.50
U.S. TREASURY NOTES 3.500% 1/31/28
CUSIP 91282CGH8
INTEREST ON 7,505,000.000 UNITS
01/31/25 INTEREST RECEIVED 323,300.00
U.S. TREASURY NOTES 4.000% 1/31/29
CUSIP 91282CJW2
INTEREST ON 16,165,000.000 UNITS
01/31/25 INTEREST RECEIVED 191,500.00
U.S. TREASURY NOTES 4.000% 7/31/29
CUSIP 91282CLC3
INTEREST ON 9,575,000.000 UNITS
Attachment B
PAGE 26

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 01/31/25 2,400,000 PURCHASED 2,392,968.75- 2,392,968.75 U.S. TREASURY NOTES 4.250% 1/31/30
CUSIP 91282CMG3
AT $99.7070 ON TRADE DATE 01/30/2025
TO SETTLE ON 01/31/2025

TORONTO DOMINION SECURITIES (U
01/13/25 9,975,000 PURCHASED 10,019,809.57- 10,019,809.57 U.S. TREASURY NOTES 4.625% 10/15/26
CUSIP 91282CJC6
AT $100.4492 ON TRADE DATE 01/10/2025
TO SETTLE ON 01/13/2025

CITIGROUP GBL MKTS/SALOMON BRO
01/13/25 ACCRUED INTEREST ON PURCHASE 114,068.51-
U.S. TREASURY NOTES 4.625% 10/15/26
CUSIP 91282CJC6
01/15/25 INTEREST RECEIVED 28,039.50
USAA AUTO OWNER ABS 5.580% 5/15/28
CUSIP 90291VAC4
$0.00465/PV ON 6,030,000.00 PV
DUE 1/15/25
01/22/25 INTEREST RECEIVED 12,311.40
VR BANK OF AMERICA 1.734% 7/22/27
CUSIP 06051GJS9
INTEREST ON 1,420,000.000 UNITS
01/27/25 INTEREST RECEIVED 21,493.34
VR FHLMC MULTIFAMI 3.224% 3/25/27
CUSIP 3137BXQY1
$0.00269/PV ON 8,000,000.00 PV
DUE 1/25/25
================================================================================================================= ENDING BALANCE 0.00 1,040,316,363.10
¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
Attachment B

City Council and Authorities ConcurrentApril 8, 2025

City Council and Authorities Concurrent
April 8, 2025