Monthly Investment Report - June 2025 — City Council and Authorities Concurrent, August 19, 2025

_____________________________________________________________________

MONTHLY INVESTMENT REPORT

June 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 June 30, 2025 were in compliance with the City's Investment Policy Stateme nt regarding current market strategy and long-term goals and objectives. All securities held are rated A or higher by two nationa lly 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 June 30, 2025.

On June 30, 2025 the cost value and market value of the City's unrestricted pooled investment portfolio were $1,439,819,377 and $1,448,842,250 respectively.

Investment Strategy and Market Update
As expected, at the meeting held on June 18 the Federal Reserve (Fed) held the target range for the overnight rate unchanged at

4.25% to 4.50%. In its press release, the Fed noted uncertainty has diminished since April but remains elevated. During the press conference, Fed Chair Jerome Powell noted that the effect, size, and duration of tariffs are all highly uncertain and that warrants the Fed remaining on hold as it continues to observe the data.

The Core Personal Consumption Expenditures Index (PCE), the Fed’s preferred measure of inflation, rose a modest 0.2% over the prior month. This marks the third straight month of benign inflation readings, but the future impact of tariffs remains uncertain and supports the Fed’s patience before it resumes cutting rates. The June jobs report surprised the market to the upside with147,000 new jobs created while the unemployment rate dipped to 4.1%. However, these figures masked underlying softness in the labor market as job growth in the private sector rose at the slowest pace in over six months and the decline in the unemployment rate was driven by a drop in labor force participation.

Yields on 3-month, 2-year, and 10-year U.S. Treasuries ended June at 4.29%, 3.72%, and 4.23%, representing decreases of -4bps, -18 bps, and -17 bps, respectively.

Fixed income indices produced positive returns for the month due to lower yields across the curve. The ICE BofA 3-month,2-year, and 10-year U.S. Treasury indices returned +0.33%, +0.59%, and +1.63%, respectively.

COST VALUE PERCENTAGE
City $1,438,702,081 99.92%
SOSA 6,568 0.00%
HA 1,110,728 0.08% Unrestricted $1,439,819,377 100.00%
Restricted Bond Proceeds 2,457,804 Total Investments $1,442,277,181
2 The City's investment strategy for June 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 June
30, 2025, 49.08% of the City’s portfolio consists of U.S. Treasury Notes, 18.35% consists of California Asset Management Program (CAMP), 17.05% consists of investment grade Corporate Notes, 7.12% consists of investment grade Mortgage-Backed Securities, 6.89% consists of investment grade Asset-Back Securities, 0.52% consists of Negotiable Certificates of Deposit, 0.43% 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

49.08%
Federal Agency Notes

0.35%
Corporate Notes

17.05%
Asset‐Backed Securities

6.89%
Negotiable Certificates of
Deposit

0.52%
Mortgage‐Backed Securities

7.12% Money Market Fund

0.04%
Local Agency Investment
Fund (LAIF)

0.43%
California Asset Management
Program (CAMP)

18.35%
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.

4.16%

4.33%

4.46%

0.00%

0.50%

1.00%

1.50%

2.00%

2.50%

3.00%

3.50%

4.00%

4.50%

5.00%
Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-2 2 Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 Ma r-24 Jun-24 Sep-24 Dec-24 Mar-25 Jun-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
6/30/2025
Investment Yie
ld
Liquidity Portfolio1 4.36%
LAIF average monthly yield 4.27%
Securities Portfolio2 4.16%
ICE BAML 1‐5 US Treasury Index (24‐month rolling average market yield) 4.33% ICE BAML 1‐5 AAA‐A US Corporate & Government Index (24‐month rolling average market yield) 4.46%
City Portfolio (Liquidity + Securities) 4.20%
Investment Total Return*
Securities Portfolio 0.80%
ICE BAML 1‐5 US Treasury Index 0.74%
ICE BAML 1‐5 AAA‐A US Corporate & Government Index 0.77% Average Maturity of Investments (in years)
Liquidity Portfolio1 0.09
Securities Portfolio2 2.95
City Portfolio (Liquidity + Securities) 2.40
ICE BAML 1‐5 US Treasury Index 2.73
ICE BAML 1‐5 AAA‐A US Corporate & Government Index 2.78 Cash Interest Income Current Month3 $ 7,211,746
Cash Interest Income Fiscal Year‐To‐Date3 $ 49,978,144

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

2. Core long t
erm 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 CIT

Y OF SANTA CLARA
SUMMARY OF INVESTMENTS JUNE 30, 2025
PER
COST % OF INVESTMENT

INVESTMENT TYPE VALUE PORT FOLIO POLICY
U.S. T
reasury Notes 707,924,107 49.08% No Limit
Federal Agency Notes 4,998,000 0.35% 80% Corporate Notes 245,959,824 17.05% 25%
Asset-Backed Securities 99,334,308 6.89% 10% Negotiable Certificates of Deposit 7,500,000 0.52% 30% Mortgage-Backed Securities 102,656,270 7.12% 15% Money Market Fund 5
27,323 0.04% 10% Per Fund
Local Agency Investment Fund (LAIF) 6,210,979 0.43% $75 M California Asset Management Program (CAMP) 264,708,566 18.35% No Limit Mutual Fund - Traffic Mitigation Bond Proceeds 2,457,804 0.17% 10% Per Fund TOTAL INVESTMENTS $ 1,442,277,181 100.00%
6 INVESTMENT MATURITY DISTRIBUTION
AS OF JUNE 30, 2025

UNRESTRICTED POOLED PORTFOLIO

MATURITY NUMBER OF
(IN MONTHS) COST VALUE INVESTMENTS DISTRIBUTION
DEMAND (a) $ 211,446,867 (a) 3 14.69%
0 TO 6 83,323,314 9 5.79%
7 TO 12 13,934,520 2 0.97%
13 TO 18 106,832,969 10 7.42%
19 TO 24 163,009,390 21 11.32%
25 TO 30 169,878,562 18 11.80%
31 TO 36 139,285,380 26 9.67%
37 TO 42 134,081,314 24 9.31%
43 TO 48 176,753,982 26 12.28%
49 TO 54 103,155,168 19 7.16%
55 TO 60 138,117,911 23 9.59%
TOTAL $ 1,439,819,377 181 100.00%
Average Maturity of Unrestricted Pool: 2.40 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 JUNE 30, 2025
City of Santa Clara Monthly Report
6/30/2025
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 9/15/2023 4.625% 9/15/2026 91282CHY0 12,640,000.00 AA+ 11/21/2024 12,653,684.22 4.32% 12,741,752.00 88,067.78 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% 10,063,877.25 44,067.68 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% 24,484,982.50 71,105.55 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% 14,059,933.25 -55,447.61 UNITED STATES TREASURY 12/15/2023 4.375% 12/15/2026 91282CJP7 12,575,000.00 AA+ 6/2/ 2025 12,642,295.90 4.01% 12,668,809.50 26,513.60 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% 11,192,880.60 54,237.63 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% 4,083,577.05 25,563.77 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% 2,410,968.00 16,686.75 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% 12,263,706.05 83,497.46 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% 22,198,185.50 148,144.48 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% 5,266,458.00 17,911.12 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% 15,481,084.80 107,972.30 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% 2,228,952.00 -28,540.19 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, 123,132.40 -303,735.76 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 % 5,103,131.20 183.54 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% 10,165,600.00 -23,071.88 UNITED STATES TREASURY 8/1/2022 2.750% 7/31/2027 91282CFB 2 9,350,000.00 AA+ 9/14/2022 8,996,818.36 3.60% 9,167,768.50 170,950.14 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% 9,900,252.60 -12,799.74 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, 781,550.00 243,574.80 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 ,563,204.50 16,676.37 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% 3,819,443.50 59,134.71 UNITED STATES TREASURY 10/31/2022 4.125% 10/31/2027 91282CFU 0 42,865,000.00 AA+ 3/6/2025 43,036,439.69 4.02% 43,256,786.10 220,346.41 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, 262,291.10 -180,044.84 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% 4,793,415.00 -39,895.55 UNITED STATES TREASURY 10/31/2022 4.125% 10/31/2027 91282CFU 0 4,255,000.00 AA+ 12/13/2022 4,309,517.19 3.83% 4,293,890.70 -15,626.49 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% 19,133,294.40 45,166.27 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 ,269,663.00 -18,395.59 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% 7,157,307.90 -25,610.07 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 ,289,836.10 -30,623.47 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 ,355,911.50 22,327.52 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 ,870,467.00 -35,611.13 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 ,205,278.50 -41,751.77 UNITED STATES TREASURY 1/31/2023 3.500% 1/31/ 2028 91282CGH8 855,000.00 AA+ 5/ 16/2023 855,400.78 3.49 % 850,656.60 -4,744.18 UNITED STATES TREASURY 2/28/2023 4.000% 2/29/2028 91282CGP0 8,080,000.00 AA+ 1/26/ 2024 8,002,541.98 4.05% 8 ,141,246.40 138,704.42 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 ,415,788.80 -116,711.20 UNITED STATES TREASURY 2/28/2023 4.000% 2/29/2028 91282CGP0 2,450,000.00 AA+ 3/7/ 2023 2,422,820.31 4.25% 2 ,468,571.00 45,750.69 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 ,254,529.70 23,843.96 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 ,675,390.40 -15,851.51 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 ,047,442.75 4,954.47 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% 11,710,239.15 14,661.42 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% 10,093,657.35 91,265.75 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 ,267,518.65 118,444.43 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% 11,397,067.00 279,367.78 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 ,714,603.00 27,419.41 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 ,009,746.50 87,783.61 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 ,096,656.20 42,518.70 7/24/2025 2:11 PM 1 of 6
Attachment A
City of Santa Clara Monthly Report
6/30/2025
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 8/31/2023 4.375% 8/31/2028 91282CHX2 1,735,000.00 AA+ 8/31/2023 1,742,726.17 4.28% 1 ,769,231.55 26,505.38 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 ,112,046.00 -28,793.84 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 ,345,450.40 -10,266.79 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, 692,666.80 -276,433.20 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 ,192,080.50 41,376.40 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% 14,963,455.00 193,322.19 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% 6,255,625.00 53,476.56 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% 6,457,728.00 89,978.00 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% 5,075,370.60 107,263.18 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% 4,777,709.70 -36,638.54 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% 9,077, 523.00 37,023.00 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% 4,452,087.50 -45,959.38 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% 2,900,217.00 32,293.17 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% 10,185,876.00 246,975.61 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% 16,938,281.25 526,113.28 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% 5,800,781.25 -8,789.06 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% 5,084,986.50 91,093.92 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, 812,852.40 -259,553.67 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% 1,120,449.00 -7,867.41 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% 7,731,098.10 192,686.38 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% 17,270,193.45 411,227.63 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 ,664,430.50 -154,806.80 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% 10,392,909.00 -36,186.70 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% 12,637,008.00 -99,206.84 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 ,860,724.80 -3,431.45 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 ,518,804.00 37,011.03 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 ,132,735.20 30,978.75 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 ,220,402.50 48,006.99 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 ,156,302.00 24,762.94 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% 13,292,439.00 168,899.94 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 ,739,663.00 67,190.34 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 ,276,388.00 98,122.37 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% 5,200,623.00 119,422.15 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% 1,136,998.95 21,737.62 UNITED STATES TREASURY 1/31/2025 4.250% 1/31/2030 91282CMG3 10,000.00 AA+ 1/31/2025 9,970.70 4.32% 10,197.30 226.60 UNITED STATES TREASURY 2/28/2023 4.000% 2/28/2030 91282CGQ8 6,085,000.00 AA+ 3/6/2025 6,054,099.61 4.11% 6,144,207.05 90,107.44 UNITED STATES TREASURY 5/31/2023 3.750% 5/31/2030 91282CHF1 3,945,000.00 AA+ 6/5/ 2025 3,900,310.55 4.00% 3 ,936,202.65 35,892.10 U.S. Treasury Bond / Note Subtotal 703,650,000.00 707,924,107.12 711,136,247.95 3,212,140.83 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 ,996,750.00 -1,250.00 FHLMC Medium Term Note Subtotal 5,000,000.00 4,998,000.00 4,996,750.00 -1,250.00 7/24/2025 2:11 PM 2 of 6
Attachment A
City of Santa Clara Monthly Report
6/30/2025
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 8,357,438.45 AA+ 11/30/ 2023 8,033,260.89 5.14% 8 ,358,942.77 325,681.88 FANNIE MAE-ACES 7/1/2023 4.190% 7/1/2028 3136BQDE6 7,259,032.22 AA+ 7/31/ 2023 7,135,968.94 4.58% 7 ,260,338.85 124,369.91

FHLMC MULTIFAMILY
STRUCTURED PASS THROU 1/1/2017 3.347% 11/1/2026 3137BTU M1 5,155,215.52 AA+ 5/24/2023 4,996,531.57 4.29% 5,094,847.95 98,316.38

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 ,878,960.00 332,710.00

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 ,409,507.50 307,612.97

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 ,635,450.00 60,540.00

FHLMC MULTIFAMILY
STRUCTURED PASS THROU 7/1/2023 4.777% 6/1/2028 3137HAD 45 6,014,630.11 AA+ 7/27/2023 6,014,479.76 4.78% 6,063,649.35 49,169.59

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% 5,848,957.50 225,089.50

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% 9,256,109.51 179,577.31

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% 10,694,726.00 51,676.73

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% 4,046,250.40 36,390.75

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% 6,016,441.20 56,506.76

FHLMC MULTIFAMILY
STRUCTURED PASS THROU 5/1/2025 4.513% 2/1/2030 3137HLJA1 4,285,000.00 AA+ 5/29/ 2025 4,284,880.02 4.51% 4 ,341,647.70 56,767.68

FHLMC MULTIFAMILY
STRUCTURED PASS THROU 6/1/2025 4.348% 2/1/2030 3137HLXV9 11,370,000.00 AA+ 6/12/ 2025 11,369,590.68 4.35% 11,444,132.40 74,541.72 Federal Agency Commercial
Mortgage-Backed Security Subtotal 104,320,316.29 102,656, 270.30 104,823,195.58 2,166,925.28 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% 1,676,087.55 43,523.70 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% 1,373,674.20 35,912.00 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% 5,615,843.80 261,457.00 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% 6,640,866.40 -32,097.70 ASTRAZENECA FINANCE LLC 2/26/2024 4.850% 2/26/2029 04636NAL 7 8,500,000.00 A+ 6/27/2025 8,689,040.00 4.19% 8 ,692,440.00 3,400.00 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, 811,720.00 -214,200.00 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% 8,113, 040.00 19,440.00 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% 4,083,613.20 -2,442.60 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% 4,083,613.20 -1,738.80 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% 2,985,871.84 74,649.72 BLACKROCK INC 3/14/2024 4.700% 3/14/2029 09290DAA9 350,000.00 AA- 3/14/2024 349,366.50 4.74% 357,406.00 8,039.50 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% 4,056,720.00 58,360.00 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 ,380,211.60 98,959.80 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% 5,051,014.80 15,836.40 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 ,650,975.75 -21,697.75 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% 10,223,600.00 99,100.00 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% 6,952,048.00 -3,876.00 CITIGROUP GLOBAL MARKETS 9/29/2023 5.803% 9/29/2028 17325FBB3 11,225,000.00 A+ 9/ 29/2023 11,225,000.00 5.80% 11,736,523.25 511,523.25 7/24/2025 2:11 PM 3 of 6
Attachment A
City of Santa Clara Monthly Report
6/30/2025
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 ELI LILLY & COMPANY 2/12/2025 4.550% 2/12/2028 532457CU0 6,500,000.00 A+ 6/27/2025 6,578,910.00 4.06% 6,585,670.00 6,760.00 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% 1,560,520.25 2,876.75 ELI LILLY & COMPANY 8/14/2024 4.200% 8/14/ 2029 532457CQ9 445,000.00 A+ 8/14/ 2024 444,025.45 4.25% 446,579.75 2,554.30 GOLDMAN SACHS BANK USA 5/21/2024 5.414% 5/21/2027 38151LAG5 8,750,000.00 A+ 5/22/2025 8,805,037.50 5.08% 8,822, 187.50 17,150.00 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 ,994,270.00 -19,770.00 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% 4,852,200.00 -56,400.00 JOHN DEERE CAPITAL CORP 7/14/2023 4.950% 7/14/2028 24422EXB0 2,800,000.00 A 6/25/ 2025 2,868,544.00 4.09 % 2,868,712.00 168.00 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% 619,846.70 8,972.15 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 % 517,392.70 13,145.15 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% 4,897,287.50 17,848.00

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% 4 ,005,003.00 294,257.00

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 ,858,046.75 183,514.50

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% 5,102,600.00 -750.00

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 ,862,939.75 21,018.00

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 ,855,490.00 19,937.50 KENVUE INC 10/17/2023 5.050% 3/22/2028 49177JAF9 6,250,000.00 A 6/30/ 2025 6,397,562.50 4.12% 6 ,400,375.00 2,812.50 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% 7,205,625.00 315,750.00 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 ,418,974.40 33,079.20 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 ,233,937.60 116,056.05 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 ,211,422.40 66,422.40 NATIONAL SECS CLEARING 5/20/2025

4.700% 5/20/ 2030 637639AQ8 10,000,000.00 AA+ 6/27/2025 10,167,800.00 4.32 % 10,168,100.00 300.00 NATIONAL SECS CLEARING 5/20/2025 4.700% 5/20/2030 637639AQ8 6,825,000.00 AA+ 6/27/2025 6,937,134.75 4.32% 6,939,728.25 2,593.50

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% 9,943,700.00 305,100.00 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 ,095,760.00 99,680.00 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% 4,449, 817.20 76,606.20 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% 2,423,958.60 47,957.00 STATE STREET CORP 2/28/2025 4.729% 2/28/2030 857477CW1 9,240,000.00 A 2/28/2025 9,251,365.20 4.70% 9,380,170.80 128,805.60 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, 450,717.00 -117,172.50 TARGET CORP 1/24/2022 1.950% 1/15/ 2027 87612EBM7 990,000.00 A 1/24/ 2022 988,317.00 1.99% 958,914.00 -29,403.00 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 ,778,024.00 187,768.00 WALMART INC. 4/28/2025 4.350% 4/28/2030 931142FN8 6,000,000.00 AA 5/2/2025 6,053,94 0.00 4.15% 6,068, 700.00 14,760.00 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% 3,256, 869.00 42,439.60 Corporate Note Subtotal 246,844,000.00 245,959,824.32 248,718,808.74 2,758,984.42

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 ,239,906.10 70,181.90 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% 3,077,216.10 32,625.04 BA CREDIT CARD TRUST 6/12/2025 4.310% 5/15/2030 05522RDK1 5,250,000.00 AAA 6/12/ 2025 5,249,980.05 4.31% 5 ,285,542.50 35,562.45 BOFA AUTO TRUST 2024-1 7/31/2023 5.530% 2/15/2028 06428AAC 2 2,428,581.74 NR 7/31/2023 2,428,489.69 5.53% 2,445,047.52 16,557.83 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% 6,658,971.50 64,090.87 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 ,114,880.20 71,555.87 7/24/2025 2:11 PM 4 of 6
Attachment A
City of Santa Clara Monthly Report
6/30/2025
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 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% 7,660,668.60 56,826.84

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 ,860,602.10 5,834.72

CITIBANK CREDIT CARD
ISSUANCE TRUST 6/26/2025 4.300% 6/21/2030 17305EHA6 11,485,000.00 AAA 6/26/ 2025 11,481,884.12 4.31% 11,551,957.55 70,073.43 FIFTH THIRD AUTO TRUST 8/23/2023 5.530% 8/15/2028 31680EAD 3 4,855,168.84 AAA 8/23/2023 4,854,867.82 5.53% 4,893,087.71 38,219.89

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% 819,075.00 4,238.90

GM FINANCIAL SECURITIZED
TERM AUTO RECE 5/14/2025 4.280% 4/16/2030 362549AD9 1,965,000.00 AAA 5/14/2025 1,964,710.75 4.28% 1,975, 571.70 10,860.95

HONDA AUTO RECEIVABLES
OWNER TRUST 2024 8/22/2023 5.410% 2/18/2028 43815QAC1 4,189,095.93 AAA 8/22/2023 4,188,232.14 5.42% 4,216,031.82 27,799.68

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 ,557,577.00 27,909.69

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% 6,595,360.20 26,329.27

HYUNDAI AUTO RECEIVABLES
TRUST 2024-C 6/11/2025 4.360% 12/17/2029 44935XAD 7 2,825,000.00 AAA 6/11/2025 2,824,744.90 4.36% 2,843,080.00 18,335.10

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% 1,940, 939.00 16,425.25

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 ,118,739.30 53,878.73

TOYOTA AUTO RECEIVABLES
OWNER TRUST COM 8/15/2023 5.160% 4/17/2028 89231FAD2 1,465,954.74 AAA 8/15/ 2023 1,465,623.14 5.17% 1 ,473,885.56 8,262.42

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 ,745,234.25 20,420.20

TOYOTA AUTO RECEIVABLES
OWNER TRUST COM 4/30/2025 4.340% 11/15/2029 89231HAD 8 4,385,000.00 AAA 4/30/2025 4,384,748.74 4.34% 4,411,967.75 27,219.01 USAA AUTO OWNER TRUST 2024
-
A 9/15/2023 5.580% 5/15/2028 90291VAC 4 4,648,222.99 AAA 9/15/2023 4,647,409.56 5.58% 4,674,485.45 27,075.89

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 ,956,304.15 51,538.92 Asset-Backed Security Subtotal 99,347,024.24 99,334, 308.21 100,116,131.06 781,822.85 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% 7,604,250.00 104,250.00 Certificate of Deposit Subtotal 7,500,000.00 7,500, 000.00 7,604,250.00 104,250.00

PRINCIPAL PUBLIC DEPOSIT
SWEEP PROGRAM 2.250% 7/1/2025 992995944 527,322.98 9/1/2020 527,322.98 527,322.98

LOCAL AGENCY INVESTMENT
FUND 4.281% 7/1/2025 6,210,978.95 9/30/1997 6,210,978.95 6,210,978.95 -

CALIFORNIA ASSET
MANAGEMENT PROGRAM 4.450% 7/1/2025 204,708,564.78 10/4/2022 204,708,564.78 204,708,564.78 -

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 - 7/24/2025 2:11 PM 5 of 6
Attachment A
City of Santa Clara Monthly Report
6/30/2025
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

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 -

DREYFUS TREASUR
Y 4.160% 7/1/2025 2,457,804.43 10/31/1997 2,457,804.43 2,457,804.43 - Cash Equivalent Subtotal 273,904,671.14 273,904,671.14 273,904,671.14 - Grand Total Count 182 1,440,566,011.67 1,442,277,181.09 1,451,300,054.47 9,022,873.38 *NR = Not Rated by S&P Global. These Asset Backed Securities are rated by Moody's Ratings as Aaa. 7/24/2025 2:11 PM 6 of 6
Attachment A
PAGE 22

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

STATEMENT OF TRANSACTIONS

REALIZED

CASH EQUIVALENTS
06/02/25 INTEREST RECEIVED 846.17

PRINCIPAL PUBLIC DEPOSIT SWEEP PRGRM
INTEREST FROM 05.01.25 TO 05.31.25
06/30/25 38,489,090.45 CASH SWEEP PURCHASES FOR STMT PERIOD 38,489,090.45- 38,489,090.45

PRINCIPAL PUBLIC DEPOSIT SWEEP PRGRM
13 TRANSACTIONS
06/30/25 38,037,856.02- CASH SWEEP SALES FOR STMT PERIOD 38,037,856.02 38,037,856.02-

PRINCIPAL PUBLIC DEPOSIT SWEEP PRGRM
4 TRANSACTIONS

BONDS & NOTES
06/16/25 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 6/15/25
06/27/25 8,500,000 PURCHASED 8,689,040.00- 8,689,040.00 ASTRAZENECA FINANCE 4.850% 2/26/29
CUSIP 04636NAL7
AT $102.2240 ON TRADE DATE 06/26/2025
TO SETTLE ON 06/27/2025

GOLDMAN SACHS
06/27/25 ACCRUED INTEREST ON PURCHASE 138,561.81-
ASTRAZENECA FINANCE 4.850% 2/26/29
CUSIP 04636NAL7
Attachment B
PAGE 23

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/12/25 5,250,000 PURCHASED 5,249,980.05- 5,249,980.05 BANK OF AMERICA ABS 4.310% 5/15/30
CUSIP 05522RDK1
AT $99.9996 ON TRADE DATE 06/05/2025
TO SETTLE ON 06/12/2025

BANC OF AMERICA SECURITIES LLC
06/16/25 INTEREST RECEIVED 12,041.60
BANK OF AMERICA ABS 5.530% 2/15/28
CUSIP 06428AAC2
$0.00386/PV ON 2,613,004.75 PV
DUE 6/15/25
06/16/25 184,423.01- PAID DOWN 184,423.01 184,416.02- 6.99 BANK OF AMERICA ABS 5.530% 2/15/28
CUSIP 06428AAC2
AT $62.2456 ON TRADE DATE 06/15/2025
TO SETTLE ON 06/16/2025
06/16/25 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 6/15/25
06/16/25 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 6/15/25
06/16/25 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 6/15/25
Attachment B
PAGE 24

STATEMENT OF TRANSACTIONS

REALIZED

CITIGROUP GBL MKTS/SALOMON BRO
06/09/25 INTEREST RECEIVED 48,508.25
CITIBANK CREDIT ABS 5.230% 12/08/27
CUSIP 17305EGW9
$0.02615/PV ON 1,855,000.00 PV
DUE 6/ 8/25
06/02/25 INTEREST RECEIVED 74,456.25
ELI LILLY & CO 2.750% 6/01/25
CUSIP 532457BH0
INTEREST ON 5,415,000.000 UNITS
06/02/25 5,415,000- MATURED 5,415,000.00 5,559,255.60- 144,255.60- ELI LILLY & CO 2.750% 6/01/25
CUSIP 532457BH0
AT $100.0000 ON TRADE DATE 06/01/2025
TO SETTLE ON 06/02/2025
06/27/25 6,500,000 PURCHASED 6,578,910.00- 6,578,910.00 ELI LILLY & CO 4.550% 2/12/28
CUSIP 532457CU0
AT $101.2140 ON TRADE DATE 06/26/2025
TO SETTLE ON 06/27/2025

BANC OF AMERICA SECURITIES LLC
Attachment B
PAGE 25

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/27/25 ACCRUED INTEREST ON PURCHASE 110,906.25-
ELI LILLY & CO 4.550% 2/12/28
CUSIP 532457CU0
06/25/25 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 6/25/25
06/25/25 INTEREST RECEIVED 14,408.11
FHLMC K061 CMO V-M 3.347% 11/25/26
CUSIP 3137BTUM1
$0.00269/PV ON 5,165,740.95 PV
DUE 6/25/25
06/25/25 10,525.43- PAID DOWN 10,525.43 10,201.44- 323.99 FHLMC K061 CMO V-M 3.347% 11/25/26
CUSIP 3137BTUM1
06/25/25 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 6/25/25
06/25/25 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 6/25/25
06/25/25 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 6/25/25
Attachment B
PAGE 26

STATEMENT OF TRANSACTIONS

REALIZED

BMOCM/BONDS
06/12/25 ACCRUED INTEREST ON PURCHASE 15,105.68-
FHLMC K541 CMO V-M 4.348% 2/25/30
CUSIP 3137HLXV9
06/25/25 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 6/25/25
Attachment B
PAGE 27

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/25/25 INTEREST RECEIVED 23,963.81
FHLMC SER KJ46 CMO 4.777% 6/25/28
CUSIP 3137HAD45
$0.00392/PV ON 6,019,797.64 PV
DUE 6/25/25
06/25/25 5,167.53- PAID DOWN 5,167.53 5,167.40- 0.13
FHLMC SER KJ46 CMO 4.777% 6/25/28
CUSIP 3137HAD45
06/25/25 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 6/25/25
06/16/25 INTEREST RECEIVED 23,830.10
FIFTH THIRD AUT ABS 5.530% 8/15/28
CUSIP 31680EAD3
$0.00452/PV ON 5,171,087.64 PV
DUE 6/15/25
06/16/25 315,918.8- PAID DOWN 315,918.80 315,899.21- 19.59 FIFTH THIRD AUT ABS 5.530% 8/15/28
CUSIP 31680EAD3
AT $36.3369 ON TRADE DATE 06/15/2025
TO SETTLE ON 06/16/2025
06/25/25 INTEREST RECEIVED 54,530.86
FNMA SER M6 CMO V-M 4.190% 7/25/28
CUSIP 3136BQDE6
$0.00349/PV ON 15,617,429.90 PV
DUE 6/25/25
06/25/25 959.42- PAID DOWN 959.42 931.94- 27.48
FNMA SER M6 CMO V-M 4.190% 7/25/28
CUSIP 3136BQDE6
Attachment B
PAGE 28

STATEMENT OF TRANSACTIONS

REALIZED

BALANCE TO CUSTODIAN
06/27/25 0.03 SHARE ADJUSTMENT
FNMA SER M6 CMO V-M 4.190% 7/25/28
CUSIP 3136BQDE6

BALANCE TO CUSTODIAN
06/16/25 INTEREST RECEIVED 7,475.73
GM FINANCIAL ABS 4.280% 4/16/30
CUSIP 362549AD9
$0.00380/PV ON 1,965,000.00 PV
DUE 6/16/25
06/16/25 INTEREST RECEIVED 3,293.96
GM FINANCIAL ABS 4.850% 12/18/28
CUSIP 36268GAD7
$0.00404/PV ON 815,000.00 PV
DUE 6/16/25
06/18/25 INTEREST RECEIVED 20,285.81
HONDA AUTO ABS 5.410% 2/18/28
CUSIP 43815QAC1
$0.00420/PV ON 4,499,625.05 PV
DUE 6/18/25
06/18/25 310,529.12- PAID DOWN 310,529.12 310,465.09- 64.03 HONDA AUTO ABS 5.410% 2/18/28
CUSIP 43815QAC1
06/02/25 INTEREST RECEIVED 48,971.25
HONEYWELL INTERNATIO 1.350% 6/01/25
CUSIP 438516CB0
INTEREST ON 7,255,000.000 UNITS
Attachment B
PAGE 29

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/02/25 7,255,000- MATURED 7,255,000.00 7,279,860.55- 24,860.55- HONEYWELL INTERNATIO 1.350% 6/01/25
CUSIP 438516CB0
AT $100.0000 ON TRADE DATE 06/01/2025
TO SETTLE ON 06/02/2025
06/16/25 INTEREST RECEIVED 23,652.00
HYUNDAI AUTO ABS 4.320% 10/15/29
CUSIP 44935CAD3
$0.00360/PV ON 6,570,000.00 PV
DUE 6/15/25
06/11/25 2,825,000 PURCHASED 2,824,744.90- 2,824,744.90 HYUNDAI AUTO REC ABS 4.360% 12/17/29
CUSIP 44935XAD7
AT $99.9910 ON TRADE DATE 06/03/2025
TO SETTLE ON 06/11/2025
J.P. MORGAN SECURITIES INC., -
06/16/25 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 6/15/25
06/25/25 2,800,000 PURCHASED 2,868,544.00- 2,868,544.00 JOHN DEERE CAP MTN 4.950% 7/14/28
CUSIP 24422EXB0
AT $102.4480 ON TRADE DATE 06/24/2025
TO SETTLE ON 06/25/2025
MORGAN STANLEY & CO.
06/25/25 ACCRUED INTEREST ON PURCHASE 61,985.00-
JOHN DEERE CAP MTN 4.950% 7/14/28
CUSIP 24422EXB0
Attachment B
PAGE 30

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/17/25 INTEREST RECEIVED 26,250.00
JOHN DEERE CAPITAL 1.050% 6/17/26
CUSIP 24422EVR7
INTEREST ON 5,000,000.000 UNITS
06/30/25 6,250,000 PURCHASED 6,397,562.50- 6,397,562.50 KENVUE INC 5.050% 3/22/28
CUSIP 49177JAF9
AT $102.3610 ON TRADE DATE 06/27/2025
TO SETTLE ON 06/30/2025
J.P. MORGAN SECURITIES INC., -
06/30/25 ACCRUED INTEREST ON PURCHASE 85,920.14-
KENVUE INC 5.050% 3/22/28
CUSIP 49177JAF9
06/16/25 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 6/15/25
06/16/25 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 6/15/25
06/02/25 INTEREST RECEIVED 110,625.00
MASTERCARD INC 2.950% 6/01/29
CUSIP 57636QAM6
INTEREST ON 7,500,000.000 UNITS
06/27/25 10,000,000 PURCHASED 10,167,800.00- 10,167,800.00 NATIONAL SECS CLEAR 4.700% 5/20/30
CUSIP 637639AQ8
AT $101.6780 ON TRADE DATE 06/26/2025
TO SETTLE ON 06/27/2025
J.P. MORGAN SECURITIES INC., -
Attachment B
PAGE 31

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/27/25 ACCRUED INTEREST ON PURCHASE 48,305.56-
NATIONAL SECS CLEAR 4.700% 5/20/30
CUSIP 637639AQ8
06/27/25 6,825,000 PURCHASED 6,937,134.75- 6,937,134.75 NATIONAL SECS CLEAR 4.700% 5/20/30
CUSIP 637639AQ8
AT $101.6430 ON TRADE DATE 06/26/2025
TO SETTLE ON 06/27/2025

GOLDMAN SACHS
06/27/25 ACCRUED INTEREST ON PURCHASE 32,968.54-
NATIONAL SECS CLEAR 4.700% 5/20/30
CUSIP 637639AQ8
06/16/25 INTEREST RECEIVED 15,859.08
TOYOTA AUTO REC ABS 4.340% 11/15/29
CUSIP 89231HAD8
$0.00362/PV ON 4,385,000.00 PV
DUE 6/15/25
06/16/25 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 6/15/25
06/16/25 39,045.26- PAID DOWN 39,045.26 39,036.43- 8.83 TOYOTA AUTO REC ABS 5.160% 4/17/28
CUSIP 89231FAD2
06/16/25 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 6/15/25
Attachment B
PAGE 32

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/02/25 INTEREST RECEIVED 433,125.00
U.S. TREASURY BONDS 4.125% 11/30/29
CUSIP 91282CMA6
INTEREST ON 21,000,000.000 UNITS
06/27/25 6,650,000- SOLD 6,615,970.71 6,653,117.19- 37,146.48- U.S. TREASURY NOTES 3.500% 1/31/28
CUSIP 91282CGH8
AT $99.4883 ON TRADE DATE 06/26/2025
TO SETTLE ON 06/27/2025
NOMURA SECURITIES INTL. INC.
06/27/25 ACCRUED INTEREST ON SALE 94,514.50
U.S. TREASURY NOTES 3.500% 1/31/28
CUSIP 91282CGH8
06/02/25 INTEREST RECEIVED 546,196.88
U.S. TREASURY NOTES 3.625% 5/31/28
CUSIP 91282CHE4
INTEREST ON 30,135,000.000 UNITS
06/05/25 21,175,000 PURCHASED 20,935,126.95- 20,935,126.95 U.S. TREASURY NOTES 3.750% 5/31/30
CUSIP 91282CHF1
AT $98.8672 ON TRADE DATE 06/04/2025
TO SETTLE ON 06/05/2025
NOMURA SECURITIES INTL. INC.
06/05/25 ACCRUED INTEREST ON PURCHASE 10,847.85-
U.S. TREASURY NOTES 3.750% 5/31/30
CUSIP 91282CHF1
06/27/25 17,230,000- SOLD 17,187,598.05 17,034,816.40- 152,781.65 U.S. TREASURY NOTES 3.750% 5/31/30
CUSIP 91282CHF1
AT $99.7539 ON TRADE DATE 06/26/2025
TO SETTLE ON 06/27/2025
J.P. MORGAN SECURITIES INC., -
Attachment B
PAGE 33

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/27/25 ACCRUED INTEREST ON SALE 47,664.96
U.S. TREASURY NOTES 3.750% 5/31/30
CUSIP 91282CHF1
06/30/25 INTEREST RECEIVED 397,500.00
U.S. TREASURY NOTES 3.750% 12/31/28
CUSIP 91282CJR3
INTEREST ON 21,200,000.000 UNITS
06/09/25 5,500,000- SOLD 5,485,390.63 5,445,238.08- 40,152.55 U.S. TREASURY NOTES 3.875% 4/30/30
CUSIP 91282CMZ1
AT $99.7344 ON TRADE DATE 06/04/2025
TO SETTLE ON 06/09/2025
RBC DAIN RAUSCHER INC.
06/09/25 ACCRUED INTEREST ON SALE 23,165.76
U.S. TREASURY NOTES 3.875% 4/30/30
CUSIP 91282CMZ1
06/02/25 INTEREST RECEIVED 138,143.75
U.S. TREASURY NOTES 3.875% 11/30/27
CUSIP 91282CFZ9
INTEREST ON 7,130,000.000 UNITS
06/30/25 INTEREST RECEIVED 534,846.88
U.S. TREASURY NOTES 3.875% 12/31/27
CUSIP 91282CGC9
INTEREST ON 27,605,000.000 UNITS
06/09/25 4,100,000- SOLD 4,114,414.06 4,079,179.69- 35,234.37 U.S. TREASURY NOTES 4.000% 2/28/30
CUSIP 91282CGQ8
AT $100.3516 ON TRADE DATE 06/04/2025
TO SETTLE ON 06/09/2025
BARCLAYS CAPITAL INC. FIXED IN
Attachment B
PAGE 34

STATEMENT OF TRANSACTIONS

REALIZED

CITIGROUP GBL MKTS/SALOMON BRO
06/30/25 ACCRUED INTEREST ON SALE 55,032.61
U.S. TREASURY NOTES 4.000% 2/29/28
CUSIP 91282CGP0
06/30/25 INTEREST RECEIVED 260,000.00
U.S. TREASURY NOTES 4.000% 6/30/28
CUSIP 91282CHK0
INTEREST ON 13,000,000.000 UNITS
06/10/25 5,200,000- SOLD 5,224,578.13 5,245,737.00- 21,158.87- U.S. TREASURY NOTES 4.125% 10/31/27
CUSIP 91282CFU0
AT $100.4727 ON TRADE DATE 06/05/2025
TO SETTLE ON 06/10/2025

BMOCM/BONDS
06/10/25 ACCRUED INTEREST ON SALE 23,898.10
U.S. TREASURY NOTES 4.125% 10/31/27
CUSIP 91282CFU0
06/30/25 INTEREST RECEIVED 1,062,606.25
U.S. TREASURY NOTES 4.250% 6/30/29
CUSIP 91282CKX8
INTEREST ON 50,005,000.000 UNITS
Attachment B
PAGE 35

STATEMENT OF TRANSACTIONS

REALIZED

RBS/EQUITY FINANCE
06/02/25 ACCRUED INTEREST ON PURCHASE 255,429.69-
U.S. TREASURY NOTES 4.375% 12/15/26
CUSIP 91282CJP7
06/16/25 INTEREST RECEIVED 518,109.38
U.S. TREASURY NOTES 4.375% 12/15/26
CUSIP 91282CJP7
INTEREST ON 23,685,000.000 UNITS
06/02/25 INTEREST RECEIVED 111,375.00
U.S. TREASURY NOTES 4.500% 5/31/29
CUSIP 91282CKT7
INTEREST ON 4,950,000.000 UNITS
06/16/25 INTEREST RECEIVED 987,090.63
U.S. TREASURY NOTES 4.625% 6/15/27
CUSIP 91282CKV2
INTEREST ON 42,685,000.000 UNITS
06/09/25 2,785,000- SOLD 2,805,343.55 2,788,015.07- 17,328.48 U.S. TREASURY NOTES 4.625% 9/15/26
CUSIP 91282CHY0
AT $100.7305 ON TRADE DATE 06/04/2025
TO SETTLE ON 06/09/2025
J.P. MORGAN SECURITIES INC., -
Attachment B
PAGE 36

STATEMENT OF TRANSACTIONS

REALIZED

RBS/EQUITY FINANCE
06/23/25 ACCRUED INTEREST ON SALE 29,848.85
U.S. TREASURY NOTES 4.625% 9/15/26
CUSIP 91282CHY0
06/25/25 2,900,000- SOLD 2,922,203.13 2,903,139.58- 19,063.55 U.S. TREASURY NOTES 4.625% 9/15/26
CUSIP 91282CHY0
AT $100.7656 ON TRADE DATE 06/24/2025
TO SETTLE ON 06/25/2025
J.P. MORGAN SECURITIES INC., -
06/25/25 ACCRUED INTEREST ON SALE 37,175.95
U.S. TREASURY NOTES 4.625% 9/15/26
CUSIP 91282CHY0
06/27/25 8,655,000- SOLD 8,727,688.48 8,664,370.01- 63,318.47 U.S. TREASURY NOTES 4.625% 9/15/26
CUSIP 91282CHY0
AT $100.8398 ON TRADE DATE 06/26/2025
TO SETTLE ON 06/27/2025

BANC OF AMERICA SECURITIES LLC
06/27/25 ACCRUED INTEREST ON SALE 113,126.49
U.S. TREASURY NOTES 4.625% 9/15/26
CUSIP 91282CHY0
Attachment B
PAGE 37

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/05/25 4,995,000- SOLD 5,025,438.28 5,032,462.50- 7,024.22- U.S. TREASURY NOTES 4.875% 4/30/26
CUSIP 91282CKK6
AT $100.6094 ON TRADE DATE 06/04/2025
TO SETTLE ON 06/05/2025
RBC DAIN RAUSCHER INC.
06/05/25 ACCRUED INTEREST ON SALE 23,821.26
U.S. TREASURY NOTES 4.875% 4/30/26
CUSIP 91282CKK6
06/02/25 INTEREST RECEIVED 384,881.25
U.S. TREASURY NOTES 4.875% 5/31/26
CUSIP 91282CKS9
INTEREST ON 15,790,000.000 UNITS
06/05/25 15,790,000- SOLD 15,896,089.06 15,912,125.78- 16,036.72- U.S. TREASURY NOTES 4.875% 5/31/26
CUSIP 91282CKS9
AT $100.6719 ON TRADE DATE 06/04/2025
TO SETTLE ON 06/05/2025

RBS/EQUITY FINANCE
06/05/25 ACCRUED INTEREST ON SALE 10,515.88
U.S. TREASURY NOTES 4.875% 5/31/26
CUSIP 91282CKS9
06/16/25 INTEREST RECEIVED 23,438.65
USAA AUTO OWNER ABS 5.580% 5/15/28
CUSIP 90291VAC4
$0.00389/PV ON 5,040,569.82 PV
DUE 6/15/25
06/16/25 392,346.83- PAID DOWN 392,346.83 392,278.17- 68.66 USAA AUTO OWNER ABS 5.580% 5/15/28
CUSIP 90291VAC4
AT $29.2586 ON TRADE DATE 06/15/2025
TO SETTLE ON 06/16/2025
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 38

STATEMENT OF TRANSACTIONS

REALIZED

DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 06/20/25 INTEREST RECEIVED 25,893.75
VOLKSWAGEN AUTO ABS 4.500% 8/20/29
CUSIP 92868MAD1
$0.00375/PV ON 6,905,000.00 PV
DUE 6/20/25
06/25/25 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 6/25/25
06/26/25 INTEREST RECEIVED 101,175.00
WALMART INC 3.550% 6/26/25
CUSIP 931142ED1
INTEREST ON 5,700,000.000 UNITS
06/26/25 5,700,000- MATURED 5,700,000.00 6,011,847.00- 311,847.00- WALMART INC 3.550% 6/26/25
CUSIP 931142ED1
AT $100.0000 ON TRADE DATE 06/26/2025
================================================================================================================= ENDING BALANCE 0.00 1,168,899,832.93
¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
Attachment B

City Council and Authorities ConcurrentAugust 19, 2025

City Council and Authorities Concurrent
August 19, 2025