Monthly Investment Report - April 2025 — City Council and Authorities Concurrent, June 24, 2025

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MONTHLY INVESTMENT REPORT

April 2025

5 Attachment B: Statement of Transactions 13

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

1 CITY OF SANTA CLARA

SUMMARY OF INVESTMENT PORTFOLIO

All securities held by the City of Santa Clara as of April 30 , 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 April 30, 2025.

On April 30, 2025 the cost value and market value of the City's unrestricted pooled investment portfolio were $1,405,460,404 and $1,416,468,879 respectively.

Investment Strategy and Market Update
The Federal Reserve (Fed) continues to follow a wait-and-see approach. Fed Chair Jerome Powell said he expects tariffs to move the Fed further away from both sides of its dual mandate goals of stable prices and maximum employment, and will make policy adjustments only in reaction to any increase in inflation or deterioration of labor markets. U.S. gross domestic product (GDP) shrank in Q1 by -0.3% as a surge in imports – a subtraction from GDP – dragged down reported growth. Final sales to domestic purchasers, a metric used by the Fed to gauge private sector demand remained strong. However, prospects for consumer spending remain uncertain given the pull-forward of demand in advance of tariffs which may weigh on growth later in the year.

The Core Personal Consumption Expenditures Index (PCE), which is the Fed’s preferred measure of inflation, was flat in April on a month-over-month basis, marking the slowest pace of price increases in five years. Non-farm payrolls continued to beat expectations, growing by 177,000 in April while the unemployment rate remained at 4.2%. The data points toward labor market strength and provides the Fed cover to keep policy rates unchanged while it analyzes the impact of tariffs.

Yields on 3-month, 2-year, and 10-year U.S. Treasuries ended the month lower at 4.29%, 3.60%, and 4.16%, respectively as the market priced in more Fed cuts due to deteriorating growth expectations. The move lower in yields resulted in positive fixed income total returns for the month. The ICE BofA 3-month, 2-year, and 10-year U.S. Treasury indices returned +0.34%, +0.81%, and +0.79%, respectively.

COST VALUE PERCENTAGE
City $1,404,321,498 99.92%
SOSA 8,916

0.00%
HA 1,129,990 0.08% Unrestricted $1,405,460,404 100.00%
Restricted Bond Proceeds 2,440,780

Total Investments $1,407,901,184
2 The City's investment strategy for April 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 April 30 , 2025 , 54.34% of the City’s portfolio consists of U.S. Treasury Notes, 17.02 % consists of California Asset Management Program (CAMP) , 15.21% consists of investment grade Corporate Notes , 6.18% consists of investment grade Mortgage-Backed Securities, 5.69% consists of investment grade Asset-Back Securities, 0.53% consists of Negotiable Certificates of Deposit, 0.44% consists of Local Agency Investment Fund (LAIF) , and 0.35% consists of Federal Agencies . 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

54.34%
Federal Agency Notes

0.35%
Corporate Notes

15.21%
Asset-Backed Securities

5.69%
Negotiable Certificates of
Deposit

0.53%
Mortgage-Backed Securities

6.18% Money Market Fund

0.07%
Local Agency Investment
Fund (LAIF)

0.44%
California Asset Management
Program (CAMP)

17.02%
Mutual Fund - Traffic Mitigation
Bond Proceeds

0.17%
3 The City’s securities portfolio is benchmarked against the ICE BAML 1-5 US Treasury Index.

4.11%

4.38%

4.52%

0.00%

0.50%

1.00%

1.50%

2.00%

2.50%

3.00%

3.50%

4.00%

4.50%

5.00%
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 Apr-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 following 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
4/30/2025
Investment Yield
Liquidity Portfolio1 4.38%
LAIF average monthly yield 4.28%

Securities Portfolio2 4.11%
ICE BAML 1-5 US Treasury Index (24-month rolling average market yield) 4.38% ICE BAML 1-5 AAA-A US Corporate & Government Index (24-month rolling average market yield) 4.52%

City Portfolio (Liquidity + Securities) 4.16%

Investment Total Return*
Securities Portfolio 0.95%
ICE BAML 1-5 US Treasury Index 0.99%
ICE BAML 1-5 AAA-A US Corporate & Government Index 0.94%

Average Maturity of Investments (in years)
Liquidity Portfolio1 0.13
Securities Portfolio2 2.90
City Portfolio (Liquidity + Securities) 2.41
ICE BAML 1-5 US Treasury Index 2.71
ICE BAML 1-5 AAA-A US Corporate & Government Index 2.76

Cash Interest Income Current Month3 $ 5,981,963
Cash Interest Income Fiscal Year-To-Date3 $ 38,948,244

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

2. Core long term portfolio managed by PFM Asset Management

3. Cash basis
* Total rate of return including earnings, distributions, and capital appreciation/depreciation of all portfolio assets

5 CITY OF SANTA CLARA
SUMMARY OF INVESTMENTS APRIL 30, 2025

PER
COST % OF INVESTMENT

INVESTMENT TYPE VALUE PORTFOLIO POLICY

U.S. Treasury Notes 764,916,319 54.34% No Limit Federal Agency Notes 4,998,000 0.35% 80% Corporate Notes 214,173,407 15.21% 25%
Asset-Backed Securities 80,112,468 5.69% 10% Negotiable Certificates of Deposit 7,500,000 0.53% 30% Mortgage-Backed Securities 87,035,050 6.18% 15% Money Market Fund 1,008,127 0.07% 10% Per Fund Local Agency Investment Fund (LAIF) 6,210,979 0.44% $75 M California Asset Management Program (CAMP) 239,506,054 17.02% No Limit Mutual Fund - Traffic Mitigation Bond Proceeds 2,440,780 0.17% 10% Per Fund TOTAL INVESTMENTS $ 1,407,901,184 100.00%

6 INVESTMENT MATURITY DISTRIBUTION
AS OF APRIL 30, 2025

UNRESTRICTED POOLED PORTFOLIO

MATURITY NUMBER OF
(IN MONTHS) COST VALUE INVESTMENTS DISTRIBUTION

DEMAND (a) $ 176,725,160 (a) 3 12.57%
0 TO 6 102,723,592 13 7.31%
7 TO 12 38,203,330 5 2.72%
13 TO 18 77,080,062 8 5.48%
19 TO 24 136,190,219 17 9.69%
25 TO 30 209,052,563 19 14.88%
31 TO 36 101,594,840 20 7.23%
37 TO 42 164,243,583 28 11.69%
43 TO 48 146,470,364 24 10.42%
49 TO 54 141,517,488 21 10.07%
55 TO 60 111,659,203 19 7.94%

TOTAL $ 1,405,460,404 177 100.00%

Average Maturity of Unrestricted Pool: 2.41 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 APRIL 30, 2025
City of Santa Clara Monthly Report
4/30/2025
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 4/30/2024 4.875% 4/30/2026 91282CKK6 13,735,000.00 AA+ 11/21/2024 13,838,012.50 4.33% 13,863,010.20 24,997.70 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% 15,952,794.90 40,669.12 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% 19,579,518.00 123,206.67 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% 10,116,000.00 185,531.25 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% 10,100,485.50 80,675.93 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% 24,575,920.00 162,043.05 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% 14,112,152.00 -3,228.86 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% 11,228,432.60 89,789.63 UNITED STATES TREASURY 1/31/2025 4.125% 1/31/2027 91282CMH 1 4,065,000.00 AA+ 2/3/2025 4,058,013.28 4.22% 4,096,585.05 38,571.77 UNITED STATES TREASURY 1/31/2025 4.125% 1/31/2027 91282CMH 1 2,400,000.00 AA+ 2/18/2025 2,394,281.25 4.25% 2,418,648.00 24,366.75 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% 12,302,273.85 122,065.26 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% 22,287,201.00 237,159.98 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% 5,269,860.00 21,313.12 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% 15,542,663.20 169,550.70 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% 2,237,818.00 -19,674.19 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% 28, 244,305.10 -182,563.06 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% 5,125,118.80 22,171.14 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% 10,209,400.00 20,728.12 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% 10,601,712.00 209,665.12 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% 9,969, 175.20 56,122.86 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, 790,664.30 252,689.10 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 ,590,711.15 44,183.02 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% 3,833,334.45 73,025.66 UNITED STATES TREASURY 10/31/2022 4.125% 10/31/2027 91282CFU 0 42,865,000.00 AA+ 3/6/2025 43,010,788.41 4.02% 43,409,385.50 398,597.09 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% 4,810,325.00 -22,985.55 UNITED STATES TREASURY 10/31/2022 4.125% 10/31/2027 91282CFU0 5, 100,000.00 AA+ 12/13/2022 5,165,343.75 3.83% 5 ,164,770.00 -573.75 UNITED STATES TREASURY 10/31/2022 4.125% 10/31/2027 91282CFU 0 4,355,000.00 AA+ 12/8/2022 4,415,561.72 3.81% 4,410,308.50 -5,253.22 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% 19,200,792.00 112,663.87 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, 319,660.50 -122,675.44 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% 3,291,332.00 3,273.41 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% 7,178,769.20 -4,148.77 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 ,318,811.15 -1,648.42 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 ,381,622.25 48,038.27 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 ,887,490.50 -18,587.63 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 ,230,462.75 -16,567.52 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 ,487,138.10 -21,379.87 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 ,167,102.40 103,514.90 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 ,439,340.80 -93,159.20 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 ,671,148.00 144,366.75 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 ,271,217.70 40,531.96 UNITED STATES TREASURY 3/31/2023 3.625% 3/31/2028 91282CGT2 2,680,000.00 AA+ 5/4/ 2023 2,691,241.91 3.42% 2 ,683,457.20 -7,784.71 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% 5 ,061,145.25 18,656.97 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% 11,742,745.10 47,167.37 UNITED STATES TREASURY 5/31/2023 3.625% 5/31/2028 91282CHE4 10,115,000.00 AA+ 3/3/ 2025 10,002,391.60 3.99% 10,121,675.90 119,284.30 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 ,290,468.10 141,393.88 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% 11,438,199.00 320,499.78 5/12/2025 3:20 PM 1 of 6
Attachment A
City of Santa Clara Monthly Report
4/30/2025
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 6/30/2023 4.000% 6/30/2028 91282CHK0 1,700,000.00 AA+ 7/3/ 2023 1,687,183.59 4.17% 1 ,720,791.00 33,607.41 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% 5 ,027,715.00 105,752.11 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% 8 ,126,431.20 72,293.70 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 ,775,737.80 33,011.63 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 ,138,537.00 -2,302.84 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 ,368,618.80 12,901.61 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, 748,466.80 -220,633.20 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 ,221,532.25 70,828.15 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% 15,003,670.50 233,537.69 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% 6,272,437.50 70,289.06 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% 6,478,016.00 110,266.00 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% 5,091,315.70 123,208.28 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% 4,792,719.65 -21,628.59 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% 9,125, 911.20 85,411.20 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% 4,467,968.75 -30,078.13 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% 2,910,562.50 42,638.67 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% 10,218,840.00 279,939.61 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% 17,006,937.75 594,769.78 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% 5,824,293.75 14,723.44 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% 5,104,489.50 110,596.92 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, 894,702.00 -177,704.07 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% 1,124,145.00 -4,171.41 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% 7,756,600.50 218,188.78 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% 17,327,162.25 468,196.43 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 ,695,070.50 -124,166.80 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% 10,413,250.50 -15,845.20 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% 12,672,187.00 -64,027.84 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 ,865,904.70 1,748.45 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 ,532,128.25 50,335.28 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 ,145,127.35 43,370.90 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 ,231,197.50 58,801.99 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 ,160,178.00 28,638.94 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% 13,337,896.00 214,356.94 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 ,749,032.00 76,559.34 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% 5,294,432.00 116,166.37 UNITED STATES TREASURY 1/31/2025 4.250% 1/31/2030 91282CMG 3 5,100,000.00 AA+ 2/5/2025 5,081,200.85 4.33% 5,218,932.00 137,731.15 UNITED STATES TREASURY 1/31/2025 4.250% 1/31/2030 91282CMG 3 1,115,000.00 AA+ 2/6/2025 1,115,261.33 4.24% 1,141,001.80 25,740.47 UNITED STATES TREASURY 1/31/2025 4.250% 1/31/2030 91282CMG3 10,000.00 AA+ 1/31/2025 9,970.70 4.32% 10,233.20 262.50 UNITED STATES TREASURY 2/28/2023 4.000% 2/28/2030 91282CGQ8 10,185,000.00 AA+ 3/6/2025 10,133,279.30 4.11% 10, 317,099.45 183,820.15 UNITED STATES TREASURY 3/31/2025 4.000% 3/31/2030 91282CMU 2 5,520,000.00 AA+ 3/31/2025 5,513,315.61 4.03% 5,588,558.40 75,242.79 U.S. Treasury Bond / Note Subtotal 760,440,000.00 764,916,319.28 770,924,981.25 6,008,661.97 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 ,995,650.00 -2,350.00 FHLMC Medium Term Note Subtotal 5,000,000.00 4,998,000.00 4,995,650.00 -2,350.00 5/12/2025 3:20 PM 2 of 6
Attachment A
City of Santa Clara Monthly Report
4/30/2025
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 FANNIE MAE-ACES 7/1/2023 4.190% 7/1/2028 3136BQDE6 8,358,001.63 AA+ 11/30/ 2023 8,033,802.41 5.14% 8 ,377,893.70 344,091.29 FANNIE MAE-ACES 7/1/2023 4.190% 7/1/2028 3136BQDE6 7,259,521.47 AA+ 7/31/ 2023 7,136,449.90 4.58% 7 ,276,799.10 140,349.20

FHLMC MULTIFAMILY
STRUCTURED PASS THROU 1/1/2017 3.347% 11/1/2026 3137BTU M1 5,176,849.64 AA+ 5/24/2023 5,017,499.76 4.29% 5,106,755.10 89,255.34

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 ,875,920.00 329,670.00

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 ,473,234.45 187,974.10

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 ,405,592.50 303,697.97

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 ,665,750.00 90,840.00

FHLMC MULTIFAMILY
STRUCTURED PASS THROU 7/1/2023 4.777% 6/1/2028 3137HAD 45 6,025,889.55 AA+ 7/27/2023 6,025,738.92 4.78% 6,088,619.06 62,880.14

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% 5,864,827.50 240,959.50

FHLMC MULTIFAMILY
STRUCTURED PASS THROU 2/1/2025 4.850% 1/1/2030 3137HJZ Y6 9,019,000.00 AA+ 2/27/2025 9,076,532.20 4.70% 9,268,194.97 191,662.77

FHLMC MULTIFAMILY
STRUCTURED PASS THROU 4/1/2025 4.478% 1/1/2030 3137HKQ C1 10,570,000.00 AA+ 4/10/2025 10,643,049.27 4.32% 10,703,393.40 60,344.13

FHLMC MULTIFAMILY
STRUCTURED PASS THROU 4/1/2025 4.410% 1/1/2030 3137HKX J8 4,010,000.00 AA+ 4/24/2025 4,009,859.65 4.41% 4,052,546.10 42,686.45

FHLMC MULTIFAMILY
STRUCTURED PASS THROU 3/1/2025 4.430% 2/1/2030 3137HKPF 5 5,960,000.00 AA+ 3/20/2025 5,959,934.44 4.43% 6,023,056.80 63,122.36 Federal Agency Commercial
Mortgage-Backed Security Subtotal 88,699,262.29 87,035, 049.43 89,182,582.68 2,147,533.25 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% 1,678,082.25 45,518.40 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% 1,375,309.00 37,546.80 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% 5,611,022.20 256,635.40 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% 6,646,775.60 -26,188.50 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, 767,440.00 -258,480.00 BANK OF NY MELLON CORP 4/22/2025 4.729% 4/20/2029 06405LAH4 8,000,000.00 AA- 4/28/2025 8,093,600.00 4.40% 8,112, 960.00 19,360.00 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% 4,087,422.00 1,366.20 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% 4,087,422.00 2,070.00 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% 2,987,918.64 76,696.52 BLACKROCK INC 3/14/2024 4.700% 3/14/2029 09290DAA9 350,000.00 AA- 3/14/2024 349,366.50 4.74% 357,651.00 8,284.50 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% 4,065,720.00 67,360.00 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 ,372,856.00 91,604.20 BOFA SECURITIES INC. 1/24/2025 4.979% 1/24/2029 06051GMK 2 4,980,000.00 A- 4/2/2025 5,035,178.40 4.66% 5,046,084.60 10,906.20 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 ,618,400.50 -54,273.00 CISCO SYSTEMS INC 2/24/2025 4.750% 2/24/2030 17275RBX 9 10,000,000.00 AA- 4/22/2025 10,124,500.00 4.46% 10,237,800.00 113,300.00 CISCO SYSTEMS INC 2/24/2025 4.750% 2/24/2030 17275RBX 9 6,800,000.00 AA- 4/30/2025 6,955,924.00 4.22% 6,961,704.00 5,780.00 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% 11,753,248.50 528,248.50 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 ,406,065.25 -153,190.35 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% 1,562,510.65 4,867.15 ELI LILLY & COMPANY 8/14/2024 4.200% 8/14/ 2029 532457CQ9 445,000.00 A+ 8/14/ 2024 444,025.45 4.25% 447,149.35 3,123.90 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 ,988,210.00 -25,830.00 5/12/2025 3:20 PM 3 of 6
Attachment A
City of Santa Clara Monthly Report
4/30/2025
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

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, 984,300.00 -113,600.00

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% 2,247,919.30 65,958.75 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% 4,833,200.00 -75,400.00 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 % 621,026.45 10,151.90 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 % 518,377.45 14,129.90 JOHNSON & JOHNSON 2/20/2025 4.500% 3/1/2027 478160DG6 4,850,000.00 AAA 3/13/2025 4,879,439.50 4.17% 4,916,687.50 37,248.00

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 ,985,733.00 274,987.00

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 ,850,295.50 175,763.25

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% 5,113,300.00 9,950.00

JPMORGAN CHASE FINANCIAL
CO LLC 1/24/2025 4.915% 1/24/2029 46647PEU 6 2,825,000.00 A 3/13/2025 2,841,921.75 4.74% 2 ,864,973.75 23,052.00

JPMORGAN CHASE FINANCIAL
CO LLC 4/22/2024 5.581% 4/22/2030 46647PEG 7 2,750,000.00 A 4/28/2025 2,835,552.50 4.87% 2 ,849,715.00 14,162.50 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% 7,177,350.00 287,475.00 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 ,419,457.70 33,562.50 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 ,226,794.75 108,913.20 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 ,207,742.75 62,742.75

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% 9,924,100.00 285,500.00 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% 7 ,085,190.00 89,110.00 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% 4,452, 839.40 79,628.40 PEPSICO INC 2/7/2025 4.600% 2/7/2030 713448GB8 2,380,000.00 A+ 2/7/2025 2,376,001.60 4.64% 2,422,268.80 46,267.20 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% 5,846,256.00 -14,332.50 STATE STREET BANK CORP 2/28/2025 4.729% 2/28/2030 857477CW1 9,240,000.00 A 2/28/2025 9,251,365.20 4.70% 9,349,678.80 98,313.60 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, 448,327.60 -119,561.90 TARGET CORP 1/24/2022 1.950% 1/15/ 2027 87612EBM7 990,000.00 A 1/24/ 2022 988,317.00 1.99% 958,399.20 -29,917.80 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 ,775,224.00 184,968.00 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% 5,691,621.00 -320,226.00 WALMART INC. 4/28/2025 4.350% 4/28/2030 931142FN8 3,220,000.00 AA 4/28/2025 3,214,429.40 4.39% 3,257, 770.60 43,341.20 Corporate Note Subtotal 215,439,000.00 214,173,407.22 216,200,300.09 2,026,892.87

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 ,255,701.30 85,977.10 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% 3,081,935.85 37,344.79 BOFA AUTO TRUST 2024-1 7/31/2023 5.530% 2/15/2028 06428AAC 2 2,801,584.93 NR 7/31/2023 2,801,478.74 5.53% 2,822,540.79 21,062.05 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% 6,674,205.95 79,325.32 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 ,125,942.55 82,618.22 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% 7,662,037.50 58,195.74

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 ,862,531.30 7,763.92 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% 5,316,744.90 47,071.64

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% 819,775.90 4,939.80 5/12/2025 3:20 PM 4 of 6
Attachment A
City of Santa Clara Monthly Report
4/30/2025
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

HONDA AUTO RECEIVABLES
OWNER TRUST 2024 11/24/2021 0.880% 1/21/2026 43815GAC3 28,130.46 NR 11/24/2021 28,124.53 0.89% 28,067.17 -57.36

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% 4,859,788.25 35,783.16

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 ,563,370.70 33,703.39

HYUNDAI AUTO RECEIVABLES
TRUST 2024-C 3/12/2025 4.320% 10/15/2029 44935CAD 3 6,570,000.00 AAA 3/12/2025 6,569,030.93 4.32% 6,598,382.40 29,351.47

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, 095.00 18,581.25

KUBOTA CREDIT OWNER TRUST
2024-2A 2/19/2025 4.670% 6/15/2029 50117FAC5 4,065,000.00 NR 2/19/2025 4,064,860.57 4.67% 4 ,113,292.20 48,431.63

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 ,513,428.00 8,768.43

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 ,749,167.25 24,353.20

TOYOTA AUTO RECEIVABLES
OWNER TRUST COM 4/30/2025 4.340% 11/15/2029 89231HAD8 4, 385,000.00 AAA 4/30/2025 4, 384,748.74 4.34% 4,385,000.00 251.26 USAA AUTO OWNER TRUST 2024
-
A 9/15/2023 5.580% 5/15/2028 90291VAC 4 5,457,115.29 AAA 9/15/2023 5,456,160.30 5.58% 5,491,167.69 35,007.39

VOLKSWAGEN AUTO LOAN
ENHANCED TRUST 202 3/25/2025 4.500% 8/20/2029 92868MAD1 6,905,000.00 NR 3/25/ 2025 6,904,765.23 4.50% 6 ,956,580.35 51,815.12 Asset-Backed Security Subtotal 80,121,830.67 80,112, 467.53 80,822,755.05 710,287.52

COOPERATIEVE 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% 7,617,450.00 117,450.00 Certificate of Deposit Subtotal 7,500,000.00 7,500, 000.00 7,617,450.00 117,450.00

PRINCIPAL PUBLIC DEPOSIT
SWEEP PROGRAM 2.250% 5/1/2025 992995944 1,008,127.02 9/1/2020 1,008,127.02 1,008,127.02 -

LOCAL AGENCY INVESTMENT
FUND 4.281% 5/1/2025 6,210,978.95 9/30/1997 6,210,978.95 6,210,978.95 -

CALIFORNIA ASSET
MANAGEMENT PROGRAM 4.450% 5/1/2025 169,506,053.71 10/4/2022 169,506,053.71 169,506,053.71 -

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 -

CALIFORNIA ASSET

MANAGEMENT PROGRAM -
TERM 4.190% 7/3/2025 10,000,000.00 4/7/2025 10,000,000.00 10,000,000.00 -

CALIFORNIA ASSET

MANAGEMENT PROGRAM -
TERM 4.310% 7/28/2025 10,000,000.00 4/30/2025 10,000,000.00 10,000,000.00 -

CALIFORNIA ASSET

MANAGEMENT PROGRAM -
TERM 4.190% 8/4/2025 20,000,000.00 4/7/2025 20,000,000.00 20,000,000.00 -

CALIFORNIA ASSET

MANAGEMENT PROGRAM -
TERM 4.310% 8/27/2025 10,000,000.00 4/30/2025 10,000,000.00 10,000,000.00 -

CALIFORNIA ASSET

MANAGEMENT PROGRAM -
TERM 4.310% 9/26/2025 10,000,000.00 4/30/2025 10,000,000.00 10,000,000.00 - 5/12/2025 3:20 PM 5 of 6
Attachment A
City of Santa Clara Monthly Report
4/30/2025
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 DREYFUS TREASURY 4.160% 5/1/2025 2,440,780.44 10/31/1997 2,440,780.44 2,440,780.44 - Cash Equivalent Subtotal 249,165,940.12 249,165,940.12 249,165,940.12 - Grand Total Count 178 1,406,366,033.08 1,407,901,183.58 1,418,909,659.19 11,008,475.61 *NR = Not Rated by S&P Global. These Asset Backed Securities are rated by Moody's Ratings as Aaa. 5/12/2025 3:20 PM 6 of 6
Attachment A
PAGE 21

STATEMENT OF TRANSACTIONS CITY OF SANTA CLARA- CUSTODY
FOR THE PERIOD APRIL 1, 2025 THROUGH APRIL 30, 2025 ACCOUNT NUMBER XXXXXXXX ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯

STATEMENT OF TRANSACTIONS

REALIZED

CASH EQUIVALENTS
04/01/25 INTEREST RECEIVED 6,788.54

PRINCIPAL PUBLIC DEPOSIT SWEEP PRGRM
INTEREST FROM 03.01.2025 TO

03.31.2025
04/02/25 10,735,000 PURCHASED 10,724,885.24- 10,724,885.24 U.S. TREASURY BILLS 4/10/25
CUSIP 912797NB9
AT $99.9058 ON TRADE DATE 04/02/2025
NOMURA SECURITIES INTL. INC.
04/10/25 10,735,000- MATURED 10,724,885.24 10,724,885.24- U.S. TREASURY BILLS 4/10/25
CUSIP 912797NB9
AT $100.0000 ON TRADE DATE 04/10/2025
04/10/25 INTEREST RECEIVED 10,114.76
U.S. TREASURY BILLS 4/10/25
CUSIP 912797NB9
INTEREST ON 10,735,000.000 UNITS
10,735,000 PAR VALUE AT 100 %
04/30/25 15,643,329.98 CASH SWEEP PURCHASES FOR STMT PERIOD 15,643,329.98- 15,643,329.98

PRINCIPAL PUBLIC DEPOSIT SWEEP PRGRM
15 TRANSACTIONS
04/30/25 14,977,262.78- CASH SWEEP SALES FOR STMT PERIOD 14,977,262.78 14,977,262.78-

PRINCIPAL PUBLIC DEPOSIT SWEEP PRGRM
3 TRANSACTIONS
Attachment B
PAGE 22

STATEMENT OF TRANSACTIONS

REALIZED

BONDS & NOTES
04/04/25 INTEREST RECEIVED 71,400.00
ADOBE INC 4.800% 4/04/29
CUSIP 00724PAF6
INTEREST ON 2,975,000.000 UNITS
04/14/25 INTEREST RECEIVED 110,797.50
AMAZON.COM INC 3.300% 4/13/27
CUSIP 023135CF1
INTEREST ON 6,715,000.000 UNITS
04/15/25 INTEREST RECEIVED 26,890.91
AMERICAN EXPRES ABS 5.230% 9/15/28
CUSIP 02582JKD1
$0.00436/PV ON 6,170,000.00 PV
DUE 4/15/25
04/02/25 4,980,000 PURCHASED 5,035,178.40- 5,035,178.40 BANK AMERICA CO V-D 4.979% 1/24/29
CUSIP 06051GMK2
AT $101.1080 ON TRADE DATE 04/01/2025
TO SETTLE ON 04/02/2025

CITIGROUP GBL MKTS/SALOMON BRO
04/02/25 ACCRUED INTEREST ON PURCHASE 46,835.79-
BANK AMERICA CO V-D 4.979% 1/24/29
CUSIP 06051GMK2
04/02/25 INTEREST RECEIVED 84,600.00
BANK OF AMER CRP MTN VAR-CPN 4/02/2
CUSIP 06051GKM0
INTEREST ON 5,000,000.000 UNITS
04/02/25 5,000,000- FULL CALL 5,000,000.00 5,005,100.00- 5,100.00- 5,000,000 $1 PV
BANK OF AMER CRP MTN VAR-CPN 4/02/2
ON 04/02/25 AT 1.00 USD
LT CAPITAL LOSS OF 5,100.00- USD ON
LT CAPITAL LOSS OF 5,100.00- USD ON
FEDERAL TAX COST 5,005,100.00 USD
STATE TAX COST 5,005,100.00 USD
Attachment B
PAGE 23

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 04/15/25 INTEREST RECEIVED 13,793.79
BANK OF AMERICA ABS 5.530% 2/15/28
CUSIP 06428AAC2
$0.00442/PV ON 2,993,227.98 PV
DUE 4/15/25
04/15/25 191,643.05- PAID DOWN 191,643.05 191,635.79- 7.26 BANK OF AMERICA ABS 5.530% 2/15/28
CUSIP 06428AAC2
04/15/25 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 4/15/25
04/28/25 8,000,000 PURCHASED 8,093,600.00- 8,093,600.00 BK NY MELLON V-D 4.729% 4/20/29
CUSIP 06405LAH4
AT $101.1700 ON TRADE DATE 04/25/2025
TO SETTLE ON 04/28/2025
RBC DAIN RAUSCHER INC.
04/28/25 ACCRUED INTEREST ON PURCHASE 6,305.33-
BK NY MELLON V-D 4.729% 4/20/29
CUSIP 06405LAH4
04/15/25 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 4/15/25
04/15/25 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 4/15/25
Attachment B
PAGE 24

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 04/15/25 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 4/15/25
04/22/25 10,000,000 PURCHASED 10,124,500.00- 10,124,500.00 CISCO SYSTEMS INC 4.750% 2/24/30
CUSIP 17275RBX9
AT $101.2450 ON TRADE DATE 04/21/2025
TO SETTLE ON 04/22/2025
MORGAN STANLEY & CO.
04/22/25 ACCRUED INTEREST ON PURCHASE 76,527.78-
CISCO SYSTEMS INC 4.750% 2/24/30
CUSIP 17275RBX9
04/30/25 6,800,000 PURCHASED 6,955,924.00- 6,955,924.00 CISCO SYSTEMS INC 4.750% 2/24/30
CUSIP 17275RBX9
AT $102.2930 ON TRADE DATE 04/29/2025
TO SETTLE ON 04/30/2025
J.P. MORGAN SECURITIES INC., -
04/30/25 ACCRUED INTEREST ON PURCHASE 59,216.67-
CISCO SYSTEMS INC 4.750% 2/24/30
CUSIP 17275RBX9
04/25/25 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 4/25/25
04/30/25 1,860,000- SOLD 1,824,474.00 1,864,929.00- 40,455.00- FED NATL MTG ASSN 0.500% 11/07/25
CUSIP 3135G06G3
AT $98.0900 ON TRADE DATE 04/28/2025
TO SETTLE ON 04/30/2025

PERSHING
Attachment B
PAGE 25

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 04/30/25 ACCRUED INTEREST ON SALE 4,469.17
FED NATL MTG ASSN 0.500% 11/07/25
CUSIP 3135G06G3
04/25/25 INTEREST RECEIVED 14,468.25
FHLMC K061 CMO V-M 3.347% 11/25/26
CUSIP 3137BTUM1
$0.00270/PV ON 5,187,302.68 PV
DUE 4/25/25
04/25/25 10,453.04- PAID DOWN 10,453.04 10,131.28- 321.76 FHLMC K061 CMO V-M 3.347% 11/25/26
CUSIP 3137BTUM1
04/25/25 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 4/25/25
04/25/25 INTEREST RECEIVED 36,451.79
FHLMC K536 CMO V-M 4.850% 1/25/30
CUSIP 3137HJZY6
$0.00404/PV ON 9,019,000.00 PV
DUE 4/25/25
04/25/25 INTEREST RECEIVED 22,002.34
FHLMC K537 CMO V-M 4.430% 2/25/30
CUSIP 3137HKPF5
$0.00369/PV ON 5,960,000.00 PV
DUE 4/25/25
04/10/25 10,570,000 PURCHASED 10,643,049.27- 10,643,049.27 FHLMC K538 CMO V-M 4.478% 1/25/30
CUSIP 3137HKQC1
AT $100.6911 ON TRADE DATE 04/01/2025
TO SETTLE ON 04/10/2025
BARCLAYS CAPITAL INC. FIXED IN
Attachment B
PAGE 26

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 04/10/25 ACCRUED INTEREST ON PURCHASE 11,833.12-
FHLMC K538 CMO V-M 4.478% 1/25/30
CUSIP 3137HKQC1
04/24/25 4,010,000 PURCHASED 4,009,859.65- 4,009,859.65 FHLMC K539 CMO V-M 4.410% 1/25/30
CUSIP 3137HKXJ8
AT $99.9965 ON TRADE DATE 04/15/2025
TO SETTLE ON 04/24/2025
J.P. MORGAN SECURITIES INC., -
04/24/25 ACCRUED INTEREST ON PURCHASE 11,298.18-
FHLMC K539 CMO V-M 4.410% 1/25/30
CUSIP 3137HKXJ8
04/25/25 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 4/25/25
04/25/25 INTEREST RECEIVED 24,006.83
FHLMC SER KJ46 CMO 4.777% 6/25/28
CUSIP 3137HAD45
$0.00393/PV ON 6,030,603.11 PV
DUE 4/25/25
04/25/25 4,713.56- PAID DOWN 4,713.56 4,713.44- 0.12
FHLMC SER KJ46 CMO 4.777% 6/25/28
CUSIP 3137HAD45
04/25/25 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 4/25/25
Attachment B
PAGE 27

STATEMENT OF TRANSACTIONS

REALIZED

TO BALANCE CUSTODIAN
04/08/25 0.09- SHARE ADJUSTMENT
FNMA SER M6 CMO V-M 4.182% 7/25/28
CUSIP 3136BQDE6

TO BALANCE TO CUSTODIAN
04/25/25 INTEREST RECEIVED 54,531.48
FNMA SER M6 CMO V-M 4.190% 7/25/28
CUSIP 3136BQDE6
$0.00349/PV ON 15,617,605.67 PV
DUE 4/25/25
04/25/25 82.57- PAID DOWN 82.57 80.21- 2.36
FNMA SER M6 CMO V-M 4.190% 7/25/28
CUSIP 3136BQDE6
04/16/25 INTEREST RECEIVED 3,293.96
GM FINANCIAL ABS 4.850% 12/18/28
CUSIP 36268GAD7
$0.00404/PV ON 815,000.00 PV
DUE 4/16/25
04/18/25 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 4/18/25
Attachment B
PAGE 28

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 04/21/25 INTEREST RECEIVED 60.61
HONDA AUTO RECEIVABL 0.880% 1/21/26
CUSIP 43815GAC3
$0.00004/PV ON 82,648.33 PV
DUE 4/21/25
04/21/25 54,517.87- PAID DOWN 54,517.87 54,506.38- 11.49 HONDA AUTO RECEIVABL 0.880% 1/21/26
CUSIP 43815GAC3
04/15/25 INTEREST RECEIVED 26,017.20
HYUNDAI AUTO ABS 4.320% 10/15/29
CUSIP 44935CAD3
$0.00396/PV ON 6,570,000.00 PV
DUE 4/15/25
04/15/25 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 4/15/25
04/22/25 INTEREST RECEIVED 139,275.00
JPMORGAN CHASE V-D 5.571% 4/22/28
CUSIP 46647PEE2
INTEREST ON 5,000,000.000 UNITS
04/28/25 2,750,000 PURCHASED 2,835,552.50- 2,835,552.50 JPMORGAN CHASE V-D 5.581% 4/22/30
CUSIP 46647PEG7
AT $103.1110 ON TRADE DATE 04/25/2025
TO SETTLE ON 04/28/2025

BANC OF AMERICA SECURITIES LLC
04/28/25 ACCRUED INTEREST ON PURCHASE 2,557.96-
JPMORGAN CHASE V-D 5.581% 4/22/30
CUSIP 46647PEG7
Attachment B
PAGE 29

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 04/15/25 INTEREST RECEIVED 15,819.63
KUBOTA CREDIT ABS 4.670% 6/15/29
CUSIP 50117FAC5
$0.00389/PV ON 4,065,000.00 PV
DUE 4/15/25
04/15/25 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 4/15/25
04/30/25 4,385,000 PURCHASED 4,384,748.74- 4,384,748.74 TOYOTA AUTO REC ABS 4.340% 11/15/29
CUSIP 89231HAD8
AT $99.9943 ON TRADE DATE 04/24/2025
TO SETTLE ON 04/30/2025
BARCLAYS CAPITAL INC. FIXED IN
04/15/25 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 4/15/25
04/15/25 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 4/15/25
04/30/25 INTEREST RECEIVED 88,812.50
U.S. TREASURY NOTES 3.500% 4/30/28
CUSIP 91282CHA2
INTEREST ON 5,075,000.000 UNITS
Attachment B
PAGE 30

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 04/28/25 8,115,000- SOLD 8,089,006.64 8,149,040.32- 60,033.68- U.S. TREASURY NOTES 3.625% 3/31/28
CUSIP 91282CGT2
AT $99.6797 ON TRADE DATE 04/25/2025
TO SETTLE ON 04/28/2025
NOMURA SECURITIES INTL. INC.
04/28/25 ACCRUED INTEREST ON SALE 22,504.71
U.S. TREASURY NOTES 3.625% 3/31/28
CUSIP 91282CGT2
04/02/25 10,650,000- SOLD 10,694,097.66 10,595,917.97- 98,179.69 U.S. TREASURY NOTES 4.000% 2/28/30
CUSIP 91282CGQ8
AT $100.4141 ON TRADE DATE 04/01/2025
TO SETTLE ON 04/02/2025

BANC OF AMERICA SECURITIES LLC
04/02/25 ACCRUED INTEREST ON SALE 38,201.09
U.S. TREASURY NOTES 4.000% 2/28/30
CUSIP 91282CGQ8
04/17/25 1,775,000- SOLD 1,781,933.59 1,765,986.33- 15,947.26 U.S. TREASURY NOTES 4.000% 2/28/30
CUSIP 91282CGQ8
AT $100.3906 ON TRADE DATE 04/16/2025
TO SETTLE ON 04/17/2025

CITIGROUP GBL MKTS/SALOMON BRO
04/17/25 ACCRUED INTEREST ON SALE 9,260.87
U.S. TREASURY NOTES 4.000% 2/28/30
CUSIP 91282CGQ8
04/22/25 10,125,000- SOLD 10,155,058.59 10,073,583.98- 81,474.61 U.S. TREASURY NOTES 4.000% 2/28/30
CUSIP 91282CGQ8
AT $100.2969 ON TRADE DATE 04/21/2025
TO SETTLE ON 04/22/2025

CITIGROUP GBL MKTS/SALOMON BRO
Attachment B
PAGE 31

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 04/22/25 ACCRUED INTEREST ON SALE 58,328.80
U.S. TREASURY NOTES 4.000% 2/28/30
CUSIP 91282CGQ8
04/28/25 3,200,000- SOLD 3,200,375.00 3,183,750.00- 16,625.00 U.S. TREASURY NOTES 4.000% 2/28/30
CUSIP 91282CGQ8
AT $100.0117 ON TRADE DATE 04/23/2025
TO SETTLE ON 04/28/2025
RBC DAIN RAUSCHER INC.
04/28/25 ACCRUED INTEREST ON SALE 20,521.74
U.S. TREASURY NOTES 4.000% 2/28/30
CUSIP 91282CGQ8
04/28/25 2,560,000- SOLD 2,572,400.00 2,547,000.00- 25,400.00 U.S. TREASURY NOTES 4.000% 2/28/30
CUSIP 91282CGQ8
AT $100.4844 ON TRADE DATE 04/25/2025
TO SETTLE ON 04/28/2025
RBC DAIN RAUSCHER INC.
04/28/25 ACCRUED INTEREST ON SALE 16,417.39
U.S. TREASURY NOTES 4.000% 2/28/30
CUSIP 91282CGQ8
04/30/25 6,915,000- SOLD 6,990,092.58 6,879,884.76- 110,207.82 U.S. TREASURY NOTES 4.000% 2/28/30
CUSIP 91282CGQ8
AT $101.0859 ON TRADE DATE 04/29/2025
TO SETTLE ON 04/30/2025
BARCLAYS CAPITAL INC. FIXED IN
04/30/25 ACCRUED INTEREST ON SALE 45,849.46
U.S. TREASURY NOTES 4.000% 2/28/30
CUSIP 91282CGQ8
Attachment B
PAGE 32

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 04/30/25 INTEREST RECEIVED 1,900,490.63
U.S. TREASURY NOTES 4.125% 10/31/27
CUSIP 91282CFU0
INTEREST ON 92,145,000.000 UNITS
04/30/25 INTEREST RECEIVED 88,996.88
U.S. TREASURY NOTES 4.125% 10/31/29
CUSIP 91282CLR0
INTEREST ON 4,315,000.000 UNITS
04/15/25 INTEREST RECEIVED 493,312.50
U.S. TREASURY NOTES 4.500% 4/15/27
CUSIP 91282CKJ9
INTEREST ON 21,925,000.000 UNITS
04/30/25 INTEREST RECEIVED 509,906.25
U.S. TREASURY NOTES 4.625% 4/30/29
CUSIP 91282CKP5
INTEREST ON 22,050,000.000 UNITS
04/15/25 INTEREST RECEIVED 230,671.88
U.S. TREASURY NOTES 4.625% 10/15/26
CUSIP 91282CJC6
INTEREST ON 9,975,000.000 UNITS
04/30/25 INTEREST RECEIVED 334,790.63
U.S. TREASURY NOTES 4.875% 4/30/26
CUSIP 91282CKK6
INTEREST ON 13,735,000.000 UNITS
04/30/25 INTEREST RECEIVED 269,587.50
U.S. TREASURY NOTES 4.875% 10/31/28
CUSIP 91282CJF9
INTEREST ON 11,060,000.000 UNITS
Attachment B
INVESTMENT AND INSURANCE PRODUCTS ARE:• NOT INSURED BY THE FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC) OR ANY FEDERAL GOVERNMENT AGENCY• NOT A DEPOSIT, OBLIGATION OF, OR GUARANTEED BY ANY BANK OR BANKING AFFILIATE• SUBJECT TO INVESTMENT RISKS AND MAY LOSE VALUE, INCLUDING POSSIBLE LOSS OF PRINCIPAL AMOUNT INVESTED PAGE 33

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 04/15/25 INTEREST RECEIVED 27,470.09
USAA AUTO OWNER ABS 5.580% 5/15/28
CUSIP 90291VAC4
$0.00456/PV ON 5,907,547.19 PV
DUE 4/15/25
04/15/25 450,431.9- PAID DOWN 450,431.90 450,353.07- 78.83 USAA AUTO OWNER ABS 5.580% 5/15/28
CUSIP 90291VAC4
04/22/25 INTEREST RECEIVED 22,441.25
VOLKSWAGEN AUTO ABS 4.500% 8/20/29
CUSIP 92868MAD1
$0.00325/PV ON 6,905,000.00 PV
DUE 4/20/25
04/25/25 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 4/25/25
04/22/25 INTEREST RECEIVED 32,349.00
VR JPMORGAN CHASE & 1.578% 4/22/27
CUSIP 46647PCB0
INTEREST ON 4,100,000.000 UNITS
04/28/25 3,220,000 PURCHASED 3,214,429.40- 3,214,429.40 WALMART INC 4.350% 4/28/30
CUSIP 931142FN8
AT $99.8270 ON TRADE DATE 04/23/2025
TO SETTLE ON 04/28/2025

BANC OF AMERICA SECURITIES LLC
================================================================================================================= ENDING BALANCE 0.00 1,159,743,370.48
¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
Attachment B

City Council and Authorities ConcurrentJune 24, 2025

City Council and Authorities Concurrent
June 24, 2025