Item 02 - Monthly Treasurer's Report December 2021 — Yucaipa City Council, February 14, 2022

Agenda Item No. 2

CITY OF YUCAIPA

AGENDA REPORT
TO: Honorable Mayor and City Council
FROM: Vaymond A. Casey, City Manager/Treasurer
Andrew Hamilton, Director of Finance
Ryan Blackerby, Accounting Manager
FOR: City Council Meeting of February 14, 2022
SUBJECT: Monthly Treasurer's Report: December 2021
RECOMMENDATION:

That the City Council receive and file the Monthly Treasurer's Report for December 2021.

BACKGROUND:

To comply with the requirements of California Government Code Section 53607 and the recommendation of California Goverimnent Code Section 53646, a treasurer's report is to be submitted to Council monthly.

DISCUSSION:

It is the responsibility of the Finance Staff to develop the Monthly Treasurer's Report in a timely manner for review by the City Manager/Treasurer, and ultimately the City Council. It is the function of the Treasurer to deposit and invest funds in accordance with sound treasury management and the Investment Policy of the City of Yucaipa originally adopted by City Council on July 13, 2020 and last revised on August 9, 2021, as well as to safeguard the principal and maintain the liquidity needs of the City. The purpose of the Monthly Treasurer's Report is to keep the City Council infonned of the City's cash and investment portfolio.

Attached is the Monthly Treasurer's Report, as well as the monthly statements from Public Financial Management ("PFM", the City's investment advisor) and the Local Agency Investment Fund ("LAIF") for the month ending December 31, 2021. The first page of the City's general operating bank statement for the saine month is also attached. The City pools the cash and investments of all funds, including that of the Successor Agency.

The portfolio of investments complies with the Investment Policy of the City of Yucaipa.

City Council Agenda
Meeting of February 14, 2022
Monthly Treasurer's Report: December 2021
The City maintains sufficient liquidity to meet its projected expenditure requirements for at least the next six months.

FISCAL IMPACT:

There is no fiscal impact.

Attachments:

1. Treasurer's Report — December 2021

2. PFM Statement December 2021

3. 2021-12 LAIF December Regular Monthly Statement

4. Wells Fargo Checking Bank Statement (1St page) —December 2021 -19-

City of Yucaipa
Treasurer's Report - December 31, 2021
Attachment 1
IInvestment balances above are market values, while funds with fiscal agent are on a cost basis.

The City maintains sufficient liquidity to meet its projected expe diture requirements for at least the next six months.

Treasurer:G/ �/ Z
ign /Date f
-20-
November 2021
December 2021
Institution/Investment Type
Balance
Balance
Funds Under Control of the City:

PFM Investment Portfolio
U.S. Treasury Bond / Note
$
14,556,355.52
$
14,515,864.78
Supra -National Agency Bond / Note
$
311,680.88
$
311,471.02
Municapal Bond / Note
$
200,713.50
$
199,728.78
Fed Agcy Commercial
$
262,031.71
$
241,506.26
Federal Agency Bond / Note
$
-
$
-
Corporate Note
$
1,428,191.02
$
1,428,063.70
Certificate of Deposit
$
299,774.62
$
299,258.83
Asset -Backed Security
$
630,328.18
$
614,925.67
Money Market (Govt Select, Instl Cl)
$
22,758.57
$
-
$
17,711,834.00
$ 17,610,819.04
Local Agency Investment Fund (LAIF)
$
21,411,134.44
$
21,411,134.44
City Checking Account (Wells Fargo)
$
6,858,218.13
$
12,806,032.36
Petty Cash / Change Drawers
$
1,450.00
$
1,800.00
Total
$
45,982,636.57
$ 51,829,785.84
Funds with Fiscal Agents:

Bank of New York Mellon
CFD 98-1- Invesco Govt Agency Private 1903
$
2,371,146.01
$
2,371,196.63
US Bank (previously Union Bank)
RDA 1998 TAB - Blackrock Instl Funds
$

44.42 $

44.42 RDA 1998 TAB - LAIF
$
54,032.92
$
54,032.92
RDA 2004 TAB - Blackrock Instl Funds
$
191,072.64
$
191,073.43
RDA 2010 TAB - Blackrock Instl Funds
$
534,425.31
$
534,427.53
First American Title - Escrow
$
549,235.19
$
549,235.19
Total
$
3,699,956.49
$
3,700,010.12
Grand Total
$
49,682,593.06
$ 55,529,795.96
IInvestment balances above are market values, while funds with fiscal agent are on a cost basis.

The City maintains sufficient liquidity to meet its projected expe diture requirements for at least the next six months.

Treasurer:G/ �/ Z
ign /Date f
-20-

Customer Service
PfM FUNDS PO Box 11813
Harrisburg, PA 17108-1813

ACCOUNT STATEMENT
Client Management Team
Sarah Meacham
Managing Director
633 W 5th St., 25th Floor
Los Angeles, CA 90071
213-489-4075
[email protected]
Robert Cheddar, CFA
Managing Director
213 Market Street
Harrisburg, PA 17101-2141
717-231-6202
[email protected]
Richard Babbe, CCM
Senior Managing Consultant
633 W 5th St., 25th Floor
Los Angeles, CA 90071
949-230-6896
[email protected]
Contents
Cover/Disclosures
Summary Statement
Individual Accounts
Accounts included in Statement
995324 CITY OF YUCAIPA
Important Messages
PFM Funds will be closed on 01/17/2022 for Martin Luther King Jr Day.

CITY OF YUCAIPA
MR. RYAN BLACKERBY
34272 YUCAIPA BLVD
YUCAIPA, CA 92399
Online Access www.pfmfunds.com
-21-
Customer Service 1-800-338-3383

ii#fM FUNDS
Important Disclosures
This statement is for general information purposes only and is not intended to provide specific advice or recommendations. PFM Asset Management LLC ("PFM") is an investment advisor registered with the Securities and Exchange Commission, and is required to maintain a written disclosure statement of our background and business experience. If you would like to receive a copy of our current disclosure statement, please contact Service Operations at the address below.

Proxy Voting PFM does not normally receive proxies to vote on behalf of its clients. However, it does on occasion receive consent requests. In the event a consent request is received the portfolio manager contacts the client and then proceeds according to their instructions. PFM's Proxy Voting Policy is available upon request by contacting Service Operations at the address below.

Questions About an Account PFM's monthly statement is intended to detail our investment advisory activity as well as the activity of any accounts held by clients in pools that are managed by PFM. The custodian bank maintains the control of assets and executes (i.e., settles) all investment transactions. The custodian statement is the official record of security and cash holdings and transactions. PFM recognizes that clients may use these reports to facilitate record keeping and that the custodian bank statement and the PFM statement should be reconciled and differences resolved. Many custodians use a settlement date basis which may result in the need to reconcile due to a timing difference.

Account Control PFM does not have the authority to withdraw funds from or deposit funds to the custodian. Our clients retain responsibility for their internal accounting policies; implementing and enforcing internal controls and generating ledger entries or otherwise recording transactions.

Market Value Generally, PFM's market prices are derived from closing bid prices as of the last business day of the month as supplied by Refinitiv or Bloomberg. Where prices are not available from generally recognized sources the securities are priced using a yield -based matrix system to arrive at an estimated market value. Prices that fall between data points are interpolated.

Non-negotiable FDIC -insured bank certificates of deposit are priced at par.

Although PFM believes the prices to be reliable, the values of the securities do not always represent the prices at which the securities could have been bought or sold. Explanation of the valuation methods for a registered investment company, local government investment prograri TERM funds is contained in the appropriate fund offering documentation or information statement.

Amortized Cost The original cost of the principal of the security is adjusted for the amount of the periodic reduction of any discount or premium from the purchase date until the date of the report. Discount or premium with respect to short term securities (those with less than one year to maturity at time of issuance) is amortized on a straightline basis. Such discount or premium with respect to longer term securities is amortized using the constant yield basis.

Important Disclosures
Tax Reporting Cost data and realized gains / losses are provided for informational purposes only. Please review for accuracy and consult your tax advisor to determine the tax consequences of your security transactions. PFM does not report such information to the IRS or other taxing authorities and is not responsible for the accuracy of such information that may be required to be reported to federal, state or other taxing authorities.

Financial Situation In order to better serve you, PFM should be promptly notified of any material change in your investment objective or financial situation.

Callable Securities Securities subject to redemption prior to maturity may be redeemed in whole or in part before maturity, which could affect the yield represented.

Portfolio The securities in this portfolio, including shares of mutual funds, are not guaranteed or otherwise protected by PFM, the FDIC (except for certain non-negotiable certificates of deposit) or any government agency. Investment in securities involves risks, including the possible loss of the amount invested. Actual settlement values, accrued interest, and amortized cost amounts may vary for securities subject to an adjustable interest rate or subject to principal paydowns. Any changes to the values shown may be reflected within the next monthly statement's beginning values.

Rating Information provided for ratings is based upon a good faith inquiry of selected sources, but its accuracy and completeness cannot be guaranteed.

Shares of some money market and TERM funds are marketed through representatives of PFM's wholly owned subsidiary, PFM Fund Distributors, Inc, PFM Fund Distributors, Inc. is registered with the SEC as a broker/dealer and is a member of the Financial Industry Regulatory Authority ("FINRA") and the Municipal Securities Rulemaking Board ("i ). You may reach the FINRA by calling the FINRA Regulator Public Disclosure Hotline at 1-888-289-9999 or at the FINRA Regulation Internet website address www.nasd.com . A brochure describing the FINRA Regulation Public Disclosure Program is also available from the FINRA upon request.

Key Terms and Definitions
Dividends on money market funds consist of interest earned, plus any discount ratably amortized to the date of maturity, plus all realized gains and losses on the sale of securities prior to maturity, less ratable amortization of any premium and all accrued expenses to the fund. Dividends are accrued daily and may be paid either monthly or quarterly. The monthly earnings on this statement represent the estimated dividend accrued for the month for any program that distributes earnings on a quarterly basis. There is no guarantee that the estimated amount will be paid on the actual distribution date.

Current Yield is the net change, exclusive of capital changes and income other than investment income, in the value of a hypothetical fund account with a balance of one share over the seven-day base period including the statement date, expressed as a percentage of the value of one share (normally $1.00 per share) at the beginning of the seven-day period. This resulting net change in account value is then annualized by multiplying it by
-22-
Account Statement
For the Month Ending December 31, 2021
365 and dividing the result by 7. The yields quoted should not be considered a representation of the yield of the fund in the future, since the yield is not fixed.

Average maturity represents the average maturity of all securities and investments of a portfolio, determined by multiplying the par or principal value of each security or investment by its maturity (days or years), summing the products, and dividing the sum by the total principal value of the portfolio. The stated maturity date of mortgage backed or callable securities are used in this statement. However the actual maturity of these securities could vary depending on the level or prepayments on the underlying mortgages or whether a callable security has or is still able to be called.

Monthly distribution yield represents the net change in the value of one share (normally $1.00 per share) resulting from all dividends declared during the month by a fund expressed as a percentage of the value of one share at the beginning of the month. This resulting net change is then annualized by multiplying it by 365 and dividing it by the number of calendar days in the month.

YTM at Cost The yield to maturity at cost is the expected rate of return, based on the original cost, the annual interest receipts, maturity value and the time period from purchase date to maturity, stated as a percentage, on an annualized basis.

YTM at Market The yield to maturity at market is the rate of return, based on the current market value, the annual interest receipts, maturity value and the time period remaining until maturity, stated as a percentage, on an annualized basis.

Managed Account A portfolio of investments managed discretely by PFM according to the client's specific investment policy and requirements. The investments are directly owned by the client and held by the client's custodian.

Unsettled Trade A trade which has been executed however the final consummation of the security transaction and payment has not yet taken place.

Please review the detail pages of this statement carefully. If you think your statement is wrong, missing account information, or if you need more information about a transaction, please contact PFM within 60 days of receipt. If you have other concerns or questions regarding your account you should contact a member of your client management team or PFM Service Operations at the address below.

PFM Asset Management LLC
Attn: Service Operations
213 Market Street
Harrisburg, PA 17101

PfM FUNDS
Account Statement - Transaction Summary
CITY OF YUCAIPA - CITY OF YUCAIPA - 995324
Opening Market Value
22,758.57
Purchases
381,551.79
Redemptions
(404,310.36)
Unsettled Trades

0.00 Change in Value

0.00 Closing Market Value
$0.00
Cash Dividends and Income
PFM Funds Managed Account

0.29 Opening Market Value
17,689,075.43
Purchases
250,712.89
Redemptions
(281,513.15)
Unsettled Trades

0.00 Change in Value
(47,456.13)
Closing Market Value
$17,610,819.04
Cash Dividends and Income
6,416.23
PFM Asset Management LLC
-23-
For the Month Ending December 31, 2021
Asset Summary
December 31, 2021 November 30, 2021
PFM Funds - Govt Select, Instl Cl 0.00 22,758.57
PFM Funds Managed Account
Total
PFM Funds
Managed Account
100.00%
17,610,819.04
$17,610,819.04
17,689,075.43
$17,711,834.00
Account 995324 Page 1

PfM FUNDS
Managed Account Summary Statement For the Month Ending December 31, 2021 CITY OF YUCAIPA - CITY OF YUCAIPA - 995324 - (14209787) TotalTransaction Summary - Money Market Transaction Summary - Managed Account Account Opening Market Value $22,758.57 Opening Market Value $17,689,075.43 Opening Market Value $17,711,834.00 Purchases 381,551.79 Maturities/Calls (34,257.29)
Redemptions (404,310.36) Principal Dispositions (247,255.86) Principal Acquisitions 250,712.89
Unsettled Trades 0.00
Change in Current Value (47,456.13)
Closing Market Value
Dividend
$0.00 Closing Market Value

0.29 $17,610,819.04 Closing Market Value
Earnings Reconciliation (Cash Basis) - Managed Account Cash Balance Interest/Dividends/Coupons Received 10,200.10 Closing Cash Balance Less Purchased Interest Related to Interest/Coupons (395.90) Plus Net Realized Gains/Losses (3,387.97)
Total Cash Basis Earnings $6,416.23
Earnings Reconciliation (Accrual Basis)
Managed Account
Total
Ending Amortized Value of Securities
17,761,523.30
17,761,523.30
Ending Accrued Interest
30,062.24
30,062.24
Plus Proceeds from Sales
247,375.60
651,685.96
Plus Proceeds of Maturities/Calls/Principal Payments
34,257.29
34,257.29
Plus Coupons/Dividends Received
9,883.40
9,883.40
Less Cost of New Purchases
(250,738.65)
(632,290.44)
Less Beginning Amortized Value of Securities
(17,796,860.36)
(17,819,618.93)
Less Beginning Accrued Interest
(28,090.37)
(28,090.37)
Dividends

0.00 0.29
Total Accrual Basis Earnings
PFM ,asset Management LLC
$7,412.45
-24-
$7,412.74
$17,610,819.04
$58,829.69
Cash Transactions Summary- Managed
Account
Maturities/Calls

0.00 Sale Proceeds
366,242.68
Coupon/Interest/Dividend Income
9,883.40
Principal Payments
34,257.29
Security Purchases
(374,312.54)
Net Cash Contribution
22,758.86
Reconciling Transactions

0.00 Account 995324 Page 2

PfM FUNDS
Portfolio Summary and Statistics
CITY OF YUCAIPA - CITY OF YUCAIPA - 995324 - (14209787) Description
Par Value
Market Value
Percent
U.S. Treasury Bond / Note
14,610,000.00
14,515,864.78

82.43 Supra -National Agency Bond / Note
315,000.00
311,471.02

1.77 Municipal Bond / Note
200,000.00
199,728.78

1.13 Federal Agency Commercial
239,429.86
241,506.26

1.37 Mortgage -Backed Security
Corporate Note
1,415,000.00
1,428,063.70

8.11 Certificate of Deposit
300,000.00
299,258.83

1.70 Asset -Backed Security
619,166.74
614,925.67

3.49 Managed Account Sub -Total
17,698,596.60
17,610,819.04
100.00%
Accrued Interest
30,062.24
Total Portfolio
17,698,596.60
17,640,881.28
PFM Funds - Govt Select, Instl Cl

0.00 0.00

0.00 Total Investments
17,698,596.60
17,640,881.28
100.00%
Unsettled Trades 0.00 0.00
I Maturity Distribution

31.10%

24.80%

22.97%

17.14%
I I II

3.99%

0.00%
0 - 6 Months 6 - 12 Months
1- 2 Years 2- 3 Years 3- 4 Years 4- 5 Years
PFMAsset Management LLC

0.00%
Over 5 Years
-25-
US TSY Bond / Note

82.43%
For the Month Ending December 31, 2021
ABS

3.49%
Cert of Deposit

1.70%
Corporate Note
,- Federal Agency
Commercial
Mortgage -Backed
Security

1.37%
Muni Bond / Note

1.13%
Supra -National
Agency Bond / Note

1.77%
Yield to Maturity at Cost 0.61%
Yield to Maturity at Market
Weighted Average Days to Maturity

0.90%
974
Account 995324 Page 3

PfM FUNDS
Managed Account Issuer Summary For the Month Ending December 31, 2021 CITY OF YUCAIPA - CITY OF YUCAIPA - 995324 - (14209787) Issuer Summary Credit Quality (S&P Ratings)
Total $17,610,819.04 100.000/0
PFM Asset Management LLC
-26-
Account 995324 Page 4
Market Value
Issuer
of Holdings
Percent
A
AMAZON.COM INC
44,531.51

0.25 NR

0.59%

AMERICAN EXPRESS CO
125,230.63

0.71 0.59%
Y
�''A-
A+

AMERICAN HONDA FINANCE
123,246.75

0.70 BB$°
+o
/

ASTRAZENECA PLC
128,523.64

0.73 AAA
fr

3.63%

BANK OF AMERICA CO
132,782.38

0.75 4.95%
'/'
A-1

CAPITAL ONE FINANCIAL CORP
124,479.08

0.71 1.70%

CARMAX AUTO OWNER TRUST
141' 411.28

0.80 AA

0.25%

CITIGROUP INC
34,683.74

0.20 1

DEERE & COMPANY
79,014.96

0.45 DISCOVER FINANCIAL SERVICES
88,616.76

0.50 FREDDIE MAC
241,506.26

1.37 GM FINANCIAL CONSUMER AUTOMOBILE TRUST
46,621.12

0.26 GM FINANCIAL LEASINGTRUST
109,197.54

0.62 AA+

84.65%

GOLDMAN SACHS GROUP INC
122,206.13

0.69 HONDA AUTO RECEIVABLES
54,883.09

0.31 INTER -AMERICAN DEVELOPMENT BANK
241,866.94

1.37 INTL BANK OF RECONSTRUCTION AND DEV
69,604.08

0.40 )P MORGAN CHASE & CO
123,507.63

0.70 LOS ANGELES UNIFIED SCHOOL DISTRICT
49,875.78

0.28 MORGAN STANLEY
172,290.37

0.98 NEW YORK ST URBAN DEVELOPMENT CORP
149,853.00

0.85 PFM Funds - Govt Select, Instl Cl

0.00 0.00

THE BANK OF NEW YORK MELLON CORPORATION
24,682.85

0.14 TOYOTA MOTOR CORP
152,243.70

0.86 TRUIST FIN CORP
130,570.63

0.74 UBS AG
299,258.83

1.71 UNITED STATES TREASURY
14,515,864.78

82.44 UNITEDHEALTH GROUP INC
34,548.78

0.20 WORLD OMNI AUTO REC TRUST
49,716.80

0.28 Total $17,610,819.04 100.000/0
PFM Asset Management LLC
-26-
Account 995324 Page 4

i'i`' ''
I
Managed Account Detail of Securities Held For the Month Ending December 31, 2021 CITY OF YUCAIPA - CITY OF YUCAIPA - 995324 - (14209787) Security Type/ Description
S&P
Moody's
Trade
Settle
Original
YTM
Accrued
Amortized
Market
Dated Date/Coupon/Maturity
CUSIP
Par Rating
Rating
Date
Date
Cost
at Cost
Interest
Cost
Value
U.S. Treasury Bond / Note

US TREASURY NOTES
912828L57
160,000.00
AA+
Aaa
06/05/18
06/07/18
153,625.00

2.74 715.38
158,899.75
161,700.00
DTD 09/30/2015 1.750% 09/30/2022

US TREASURY NOTES
91282CBG5
1,210,000.00
AA+
Aaa
04/02/21
04/06/21
1,209,054.69

0.17 632.95
1,209,438.50
1,205,840.63
DTD 01/31/20210.125% 01/31/2023

US TREASURY NOTES
91282CBU4
200,000.00
AA+
Aaa
04/02/21
04/06/21
199,765.63

0.18 63.87
199,853.03
199,031.24
DTD 03/31/20210.125% 03/31/2023

US TREASURY NOTES
91282CBU4
1,000,000.00
AA+
Aaa
04/02/21
04/06/21
998,945.31

0.18 319.37
999.338.63
995,156.20
DTD 03/31/20210.125% 03/31/2023

US TREASURY NOTES
912828535
1,200,000.00
AA+
Aaa
04/02/21
04/06/21
1,230,796.88

0.22 45.58
1,220,594.23
1,214,062.56
DTD 06/30/2016 1.375% 06/30/2023

US TREASURY N/B NOTES
91282CCN9
500,000.00
AA+
Aaa
08/02/21
08/04/21
499,492.19

0.18 261.55
499.597.11
496.015.60
DTD 07/31/20210.125% 07/31/2023

US TREASURY N/B NOTES
91282CCU3
295.000.00
AA+
Aaa
09/22/21
09/24/21
294,458.40

0.22 125.29
294,534.35
292,372.67
DTD 08/31/20210.125% 08/31/2023

US TREASURY N/B NOTES
91282CDDO
975,000.00
AA+
Aaa
11/01/21
11/03/21
972,257.81

0.52 626.21
972,480.35
969,515.63
DTD 10/31/20210.375% 10/31/2023

US TREASURY NOTES
91282CBEO
750,000.00
AA+
Aaa
04/02/21
04/06/21
745,664.06

0.33 433.08
746,818.60
740,507.85
DTD 01/15/20210.125% 01/15/2024

US TREASURY N/B NOTES
91282CBV2
650,000.00
AA+
Aaa
05/04/21
05/05/21
651,091.80

0.32 522.32
650,847.26
643,398.47
DTD 04/15/20210.375% 04/15/2024

US TREASURY NOTES
912828X70
870,000.00
AA+
Aaa
04/02/21
04/06/21
912,310.55

0.40 2,980.11
902,110.69
893,517.14
DTD 05/01/2017 2.000% 04/30/2024

US TREASURY N/B NOTES
91282CCL3
500,000.00
AA+
Aaa
08/02/21
08/04/21
500,683.59

0.33 866.17
500,588.29
493,750.00
DTD 07/15/20210.375% 07/15/2024

US TREASURY NOTES
912828YM6
285,000.00
AA+
Aaa
04/02/21
04/06/21
294,551.95

0.55 732.18
292,574.17
289,453.13
DTD 10/31/2019 1.500% 10/31/2024

US TREASURY NOTES
912828Z52
1,200,000.00
AA+
Aaa
04/02/21
04/06/21
1,233,656.25

0.63 6,904.89
1,227,146.80
1,213,687.44
DTD 01/31/2020 1.375% 01/31/2025
PFM Asset Management LLC
-27-
Account 995324 Page 5

US TREASURY NOTES
912828ZL7
750,000.00
AA+
Aaa
04/02/21
04/06/21
740,068.36

0.71 481.70
741,874.11
733,242.15
DTD 04/30/2020 0.375% 04/30/2025
NY ST URBAN DEV CORP TXBL REV BONDS 64985TDC2
150.000.00 AA+
NR 10/15/21 10/21/21 150,000.00

1.31 382.08
150,000.00
149,853.00

US TREASURY NOTES
91282CAB7
750,000.00
AA+
Aaa
04/02/21
04/06/21
733,095.70

0.78 784.65
735,989.90
727,382.85
DTD 07/31/2020 0.250% 07/31/2025

US TREASURY NOTES
91282CBH3
900,000.00
AA+
Aaa
09/01/21
09/03/21
887,800.78

0.69 1,412.36
888,709.47
870,750.00
DTD 01/31/20210.375% 01/31/2026

US TREASURY N/B NOTES
91282CBT7

1.075,000.00
AA+
Aaa
04/02/21
04/06/21
1,064,627.93

0.95 2,059.92
1,066,166.64

1.054,507.81
DTD 03/31/20210.750% 03/31/2026

US TREASURY N/B NOTES
91282CBWO
490,000.00
AA+
Aaa
08/02/21
08/04/21
492,583.98

0.64 629.42
492,359.94
480,200.00
DTD 04/30/20210.750% 04/30/2026

US TREASURY N/B NOTES
91282CCF6
300,000.00
AA+
Aaa
06/02/21
06/04/21
299,367.19

0.79 197.80
299,440.47
293,859.36
DTD 05/31/20210.750% 05/31/2026

US TREASURY N/B NOTES
91282CDG3
300,000.00
AA+
Aaa
11/01/21
11/03/21
298,605.47

1.22 578.04
298,650.60
298,031.25
DTD 10/31/20211.125% 10/31/2026

US TREASURY N/B NOTES
91282CDK4
250,000.00
AA+
Aaa
12/01/21
12/03/21
250,712.89

1.19 274.73
250,701.55
249,882.80
DTD 11/30/2021 1.250% 11/30/2026
Security Type Sub -Total 14,610,000.00 14,663,216.41 0.52 21,647.57 14,648,714.44 14,515,864.78 supra -national Agency &ona Fiote
INTL BK OF RECON AND DEV NOTE 459058JV6
70,000.00 AAA
Aaa 04/13/21 04/20/21 69,855.10

0.23 17.40
69,905.91
69,604.08
DTD 04/20/20210.126% 04/20/2023
INTER -AMERICAN DEVEL BK NOTES 4581XODZ8
245,000.00 AAA
Aaa 09/15/21 09/23/21 244,818.70

0.52 333.47
244,835.24
241,866.94
DTD 09/23/20210.500% 09/23/2024
Security Type Sub -Total
315,000.00
314,673.80

0.46 350.87
314,741.15
311,471.02
Municipal:.Note
NY ST URBAN DEV CORP TXBL REV BONDS 64985TDC2
150.000.00 AA+
NR 10/15/21 10/21/21 150,000.00

1.31 382.08
150,000.00
149,853.00
DTD 10/21/2021 1.310% 03/15/2026
PFM! Asset Management LLC
ME
Account 995324 Page 6

PfM FUNDS
Managed Account Detail of Securities Held
CITY OF YUCAIPA - CITY OF YUCAIPA - 995324 - (14209787) For the Month Ending December 31, 2021
Security Type/ Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Dated Date/Coupon/Maturity CUSIP Par Rating Rating Date Date Cost at Cost Interest Cost Value Municipal Bond/ Note
LOS ANGELES USD, CA TXBL GO BONDS 544647FC9 50,000.00 NR Aa3 10/28/21 11/10/21 50,000.00 1.46 103.06 50,000.00 49,875.78 DTD 11/10/2021 1.455% 07/01/2026
Security Type Sub -Total 200,000.00 200,000.00 1.35 485.14 200,000.00 199,728.78 Federal Agency Commercial Mortgage -Backed Security
FHLMC SERIES K721 A2 3137BM6P6 239.429.86 AA+ Aaa 04/04/18 04/09/18 241.468.76 2.88 616.53 239,704.30 241.506.26 DTD 12/01/2015 3.090% 08/01/2022
Security Type Sub -Total 239,429.86 241,468.76 2.88 616.53 239,704.30 241,506.26

BANK OF AMERICA CORP NOTE
06051GFBO
125,000.00 A-
A2
04/02/21
04/06/21
136,807.50

0.71 2,277.34
133.685.05
132,782.38
DTD 01/21/201114.125% 01/22/2024

MORGAN STANLEY CORP NOTES
61772BAA1
10,000.00 BBB+
Al
04/19/21
04/22/21
10,000.00

0.73 17.46
10,000.00

9.965.28
(CALLABLE)
DTD 04/22/20210.731% 04/05/2024

MORGAN STANLEY CORP NOTES
61772BAAl
30,000.00 BBB+
Al
04/20/21
04/22/21
30,034.80

0.69 52.39
30,022.40
29,895.84
(CALLABLE)
DTD 04/22/20210.731% 04/05/2024

BANK OF NY MELLON CORP NOTES
06406RAS6
25,000.00 A
Al
04/19/21
04/26/21
24,973.25

0.54 22.57
24,979.35
24,682.85
(CALLABLE)
DTD 04/26/2021 0.500% 04/26/2024

MORGAN STANLEY CORP NOTES
61746BDO6
125,000.00 BBB+
Al
04/02/21
04/06/21
136,637.50

0.79 834.20
133,829.52
132,429.25
DTD 04/28/2014 3.875% 04/29/2024
AMAZON.COM INC CORPORATE NOTES
023135BW5
45,000.00 AA
Al
05/10/21
05/12/21
44,934.30

0.50 27.56
44,948.33
44,531.51
DTD 05/12/20210.450% 05/12/2024

UNITEDHEALTH GROUP INC (CALLABLE)
91324PEB4
35,000.00 A+
A3
05/17/21
05/19/21
34,963.60

0.59 24.60
34,971.17
34,548.78
CORP N
DTD 05/19/20210.550% 05/15/2024
PFM Asset Management LLC
-29-
Account 995324 Page 7

Managed Account Detail of Securities Held
CITY OF YUCAIPA - CITY OF YUCAIPA - 995324 - (14209787) For the Month Ending December 31, 2021
Security Type/ Description
S&P
Moody's
Trade
Settle
Original
YTM
Accrued
Amortized
Market
Dated Date/Coupon/Maturity
CUSIP
Par Rating
Rating
Date
Date
Cost
at Cost
Interest
Cost
Value
Corporate

ASTRAZENECA FINANCE LLC (CALLABLE)
04636NAC7
50,000.00 A-
A3
05/25/21
05/28/21
49,995.50

0.70 32.08
49,996.40
49,543.00
CORP
DTD 05/28/20210.700% 05/28/2024

JOHN DEERE CAPITAL CORP CORPORATE
24422EV09
40,000.00 A
A2
06/07/21
06/10/21
39,950.00

0.49 12.00
39,959.38
39,476.44
NOTES
DTD 06/10/20210.450% 06/07/2024

JOHN DEERE CAPITAL CORP CORPORATE
24422EVUO
40,000.00 A
A2
09/07/21
09/10/21
39,974.00

0.65 77.08
39,976.68
39,538.52
NOTES
DTD 09/10/20210.625% 09/10/2024

TRUIST FIN CORP NOTES (CALLABLE)
05531FBB8
125,000.00 A-
A3
04/02/21
04/06/21
133,660.00

0.87 643.23
131,817.45
130,570.63
DTD 10/26/2017 2.850% 10/26/2024

TOYOTA MOTOR CREDIT CORP CORP
89236TGT6
150.000.00 A+
Al
09/22/21
09/24/21
154,461.00

0.91 1,035.00
154,104.26
152,243.70
NOTES
DTD 02/13/2020 1,800% 02/13/2025

CITIGROUP INC CORPORATE NOTES
172967MX6
15,000.00 BBB+
A3
04/27/21
05/04/21
15,000.00

0.98 24.53
15,000.00
14,864.46
DTD 05/04/20210.981% 05/01/2025

CITIGROUP INC CORPORATE NOTES
172967MX6
20,000.00 BBB+
A3
04/28/21
05/04/21
20,039.40

0.93 32.70
20,032.86
19,819.28
DTD 05/04/20210.981% 05/01/2025

JPMORGAN CHASE & CO CORPORATE
46647PCH7
125,000.00 A-
A2
05/24/21
06/01/21
125,000.00

0.82 85.83
125,000.00
123,507.63
NOTES
DTD 06/01/20210.824% 06/01/2025

GOLDMAN SACHS GROUP INC CORPORATE
38141GXS8
125,000.00 BBB+
A2
04/02/21
04/06/21
123,251.25

1.15 412.66
123,517.56
122,206.13
NOTES
DTD 02/12/20210.855% 02/12/2026

ASTRAZENECA FINANCE LLC (CALLABLE)
04636NAAl
80,000.00 A-
A3
07/15/21
07/19/21
80,084.80

1.18 88.00
80,076.73

78.980.64
CORP
DTD 05/28/2021 1.200% 05/28/2026

AMERICAN HONDA FINANCE CORPORATE
02665WDZ1
125,000.00 A-
A3
11/29/21
12/01/21
123,203.75

1.61 505.56
123.235.70
123,246.75
NOTES
DTD 09/09/2021 1.300% 09/09/2026
PFI'! Asset Management LLC
-30-
Account 995324 Page 8

Pf M FUNos
Managed Account Detail of Securities Held
CITY OF YUCAIPA - CITY OF YUCAIPA - 995324 - (14209787) For the Month Ending December 31, 2021
Security Type/ Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Dated Date/Coupon/Maturity CUSIP Par Rating Rating Date Date Cost at Cost Interest Cost Value Corporate
AMERICAN EXPRESS CO (CALLABLE) 025816CM9 125,000.00 BBB+ A3 11/23/21 11/26/21 124,111.25 1.80 326.56 124,128.99 125,230.63

CORPORATE
DTD 11/04/2021 1.650% 11/04/2026
Security Type Sub -Total 1,415,000.00 1,447,081.90 0.98 6,531.35 1,439,281.83 1,428,063.70 LerElTicate or i �.

UBS AG STAMFORD CT CERT DEPOS
90275DPH7
300.000.00
A-1
P-1
11/04/21
11/05/21
300,000.00

0.35 166.25
300,000.00
299,258.83
DTD 11/05/20210.350% 11/04/2022
Security Type Sub -Total
300,000.00
300,000.00

0.35 166.25
300,000.00
299,258.83
Asset -Backed Security
GMCAR 2018-3 A3
36255JAD6
11,867.61
AAA
NR
07/11/18
07/18/18
11,864.84

3.03 14.93
11,866.82
11,889.35
DTD 07/18/2018 3.020% 05/16/2023

CARMAX AUTO OWNER TRUST
14313FAD1
22,299.13
AAA
NR
07/18/18
07/25/18
22,296.09

3.13 31.02
22,298.23
22,360.33
DTD 07/25/2018 3.130% 06/15/2023
GMALT 2021-2 A3
380144AC9
75,000.00
AAA
NR
05/18/21
05/26/21
74,988.23

0.35 7.79
74,990.61
74,656.86
DTD 05/26/20210.340% 05/20/2024
GMALT 2021-3 A4
36262XAD6
35,000.00
AAA
NR
08/10/21
08/18/21
34,998.74

0.50 5.35
34,998.86
34,540.68
DTD 08/18/20210.500% 07/21/2025
HAROT 2021-4 A3
43815GAC3
55,000.00
NR
Aaa
11/16/21
11/24/21
54,988.41

0.89 13.44
54,988.70
54,883.09
DTD 11/24/20210.880% 01/21/2026
CARMX 2021-2 A3
14314OAC8
30,000.00
AAA
NR
04/13/21
04/21/21
29,993.54

0.52 6.93
29,994.47
29,744.83
DTD 04/21/20210.520% 02/17/2026
CARMX 2021-3 A3
14317DAC4
90,000.00
AAA
Aaa
07/21/21
07/28/21
89,985.20

0.55 22.00
89,986.50
89,306.12
DTD 07/28/20210.550% 06/15/2026
DCENT 2021-A1 Al
254683CP8
90,000.00
AAA
Aaa
09/20/21
09/27/21
89,980.73

0.58 23.20
89,981.75
88,616.76
DTD 09/27/20210.580% 09/15/2026
GMCAR 2021-4 A3
362554AC1
35,000.00
AAA
Aaa
10/13/21
10/21/21
34,999.11

0.68 9.92
34,999.15
34,731.77
DTD 10/21/20210.680% 09/16/2026
Pffv'1Asset Management LLC
-31-
Account 995324 Page 9

pfM FUNDS
Managed Account Detail of Securities Held
CITY OF YUCAIPA - CITY OF YUCAIPA - 995324 - (14209787) For the Month Ending December 31, 2021
Security Type/ Description
S&P
Moody's
Trade
Settle
Original
YTM
Accrued
Amortized
Market
Dated Date/Coupon/Maturity
Asset -Backed Security
CUSIP Par
Rating
Rating
Date
Date
Cost
at Cost
Interest
Cost
Value
WOART 2021-D A3
98163KAC6 50,000.00
AAA
NR
10/26/21
11/03/21
49,993.19

0.81 18.00
49,993.41
49,716.80
DTD 11/03/20210.810% 10/15/2026
COMET 2021-A3 A3
14041NFY2 125,000.00
AAA
NR
11/18/21
11/30/21
124,982.78

1.04 111.95
124,983.08
124,479.08
DTD 11/30/2021 1.040% 11/16/2026
Security Type Sub -Total
619,166.74
619,070.86

0.83 264.53
619,081.58
614,925.67
Managed Account Sub -Total
17,698,596.60
17,785,511.73

0.61 30,062.24
17,761,523.30
17,610,819.04
Money Market Mutual Fund
PFM Funds - Govt Select, Instl Cl

0.00 AAAm
NR

0.00 0.00

0.00 0.00
Liquid Sub -Total

0.00 0.00

0.00 Securities Sub -Total
$17,698,596.60
$17,785,511.73

0.61%
$30,062.24
$17,761,523.30
$17,610,819.04
Accrued Interest
$30,062.24
Total Investments
$17,640,881.28
PFMasset Management LLC Account 995324 Page 10
-32-

Managed Account Fair Market Value & Analytics For the Month Ending December 31, 2021 CITY OF YUCAIPA - CITY OF YUCAIPA - 995324 - (14209787) Security Type/ Description
Next Call Market
Market
Unreal G/L
Unreal G/L
Effective
YTM
Dated Date/Coupon/Maturity CUSIP
Par Broker
Date Price
Value
On Cost
Amort Cost
Duration
at Mkt
U.S, Treasury Bond / Note
US TREASURY NOTES 912828L57
160,000.00 MORGANS
101.06
161,700.00
8,075.00
2,800.25

0.74 0.32
DTD 09/30/2015 1.750% 09/30/2022
US TREASURY NOTES 91282CBG5
1,210,000.00 WELLS_F

99.66 1,205,840.63
(3,214.06)
(3,597.87)

1.08 0.44
DTD 01/31/2021 0.125% 01/31/2023
US TREASURY NOTES 91282CBU4
200,000.00 MORGAN_

99.52 199,031.24
(734.39)
(821.79)

1.25 0.52
DTD 03/31/2021 0.125% 03/31/2023
US TREASURY NOTES 91282CBU4
1,000,000.00 CITIGRP

99.52 995,156.20
(3,789.11)
(4,182.43)

1.25 0.52
DTD 03/31/2021 0.125% 03/31/2023
US TREASURY NOTES 912828535
1,200,000.00 CITIGRP
101.17
1,214,062.56
(16,734.32)
(6,531.67)

1.49 0.59
DTD 06/30/2016 1.375% 06/30/2023
US TREASURY N/B NOTES 91282CCN9
500,000.00 NOMURA

99.20 496,015.60
(3,476.59)
(3,581.51)

1.58 0.63
DTD 07/31/2021 0.125% 07/31/2023
US TREASURY N/B NOTES 91282CCU3
295,000.00 CITIGRP

99.11 292,372.67
(2,085.73)
(2,161.68)

1.66 0.66
DTD 08/31/20210.125% 08/31/2023
US TREASURY N/B NOTES 91282CDDO
975,000.00 WELLS_F

99.44 969,515.63
(2,742.18)
(2,964.72)

1.83 0.68
DTD 10/31/2021 0.375% 10/31/2023
US TREASURY NOTES 91282CBEO
750,000.00 WELLS_F

98.73 740,507.85
(5,156.21)
(6,310.75)

2.04 0.75
DTD 01/15/20210.125% 01/15/2024
US TREASURY N/B NOTES 91282CBV2
650,000.00 CITIGRP

98.98 643,398.47
(7,693.33)
(7,448.79)

2.28 0.82
DTD 04/15/20210.375% 04/15/2024
US TREASURY NOTES 912828X70
870,000.00 CITIGRP
102.70
893,517.14
(18.793.41)
(8,593.55)

2.28 0.83
DTD 05/01/2017 2.000% 04/30/2024
US TREASURY N/B NOTES 91282CCL3
500.000.00 NOMURA

98.75 493,750.00
(6.933.59)
(6,838.29)

2.53 0.87
DTD 07/15/20210.375% 07/15/2024
US TREASURY NOTES 912828YM6
285,000.00 WELLS_F
101.56
289,453.13
(5,098.82)
(3,121.04)

2.78 0.94
DTD 10/31/2019 1.500% 10/31/2024
US TREASURY NOTES 912828Z52
1,200,000.00 WELLS_F
101.14
1,213,687.44
(19,968.81)
(13,459.36)

3.01 1.00
DTD 01/31/2020 1.375% 01/31/2025
US TREASURY NOTES 912828ZL7
750,000.00 WELLS_F

97.77 733,242.15
(6,826.21)
(8,631.96)

3.31 1.06
DTD 04/30/2020 0.375% 04/30/2025
US TREASURY NOTES 91282CAB7
750,000.00 MERRILL

96.98 727,382.85
(5,712.85)
(8,607.05)

3.57 1.11
DTD 07/31/2020 0.250% 07/31/2025
US TREASURY NOTES 91282CBH3
900,000.00 CITIGRP

96.75 870,750.00
(17,050.78)
(17,959.47)

4.05 1.19
DTD 01/31/2021 0.375% 01/31/2026
PFM Asset Management LLC
-33-
Account 995324 Page 11

PfM FUNDS
Managed Account Fair Market Value & Analytics For the Month Ending December 31, 2021 CITY OF YUCAIPA - CITY OF YUCAIPA - 995324 - (14209787) Security Type/ Description
Dated Date/Coupon/Maturity CUSIP
Par Broker
Next Call Market
Date Price
Market
Value
Unreal G/L
On Cost
Unreal G/L
Amort Cost
Effective
Duration
YTM
at Mkt
U.S. Treasury Bond / Note
US TREASURY N/B NOTES 91282CBT7
1,075,000.00 MERRILL

98.09 1,054,507.81
(10,120.12)
(11,658.83)

4.18 1.21
DTD 03/31/2021 0.750% 03/31/2026
US TREASURY N/B NOTES 91282CBWO
490,000.00 BMO

98.00 480,200.00
(12,383.98)
(12,159.94)

4.26 1.23
DTD 04/30/20210.750% 04/30/2026
US TREASURY N/B NOTES 91282CCF6
300,000.00 SIEBERT

97.95 293,859.36
(5.507.83)
(5,581.11)

4.35 1.23
DTD 05/31/20210.750% 05/31/2026
US TREASURY N/B NOTES 91282CDG3
300,000.00 MERRILL

99.34 298,031.25
(574.22)
(619.35)

4.71 1.27
DTD 10/31/2021 1.125% 10/31/2026
US TREASURY N/B NOTES 91282CDK4
250,000.00 NOMURA

99.95 249,882.80
(830.09)
(818.75)

4.78 1.26
DTD 11/30/2021 1.250% 11/30/2026
Security Type Sub -Total
14,610,000.00
14,515,864.78
(147,351.63)
(132,849.66)

2.57 0.85
Supra -National Agency Bond Note
INTL BK OF RECON AND DEV NOTE 4590583V6

70.000.00 TD

99.43 69,604.08
(251.02)
(301.83)

1.30 0.56
DTD 04/20/20210.126% 04/20/2023
INTER -AMERICAN DEVEL BK NOTES 4581XODZ8
245,000.00 JPM_CHA

98.72 241,866.94
(2,951.76)
(2,968.30)

2.71 0.98
DTD 09/23/20210.500% 09/23/2024
Security Type Sub -Total
315,000.00
311,471.02
(3,202.78)
(3,270.13)

2.40 0.89
Municipal Bond / Note
NY ST URBAN DEV CORP TXBL REV BONDS 64985TDC2
150,000.00 JPM_CHA

99.90 149,853.00
(147.00)
(147.00)

4.10 1.33
DTD 10/21/2021 1.310% 03/15/2026
LOS ANGELES USD, CA TXBL GO BONDS 544647FC9
50,000.00 BARCLAY

99.75 49,875.78
(124.22)
(124.22)

4.37 1.51
DTD 11/10/2021 1.455% 07/01/2026
Security Type Sub -Total
200,000.00
199,728.78
(271.22)
(271.22)

4.17 1.37
FHLMC SERIES K721 A2 3137BM6P6 239,429.86 CITIGRP 100.87 241,506.26 37.50 1,801.96 0.46 1.60 DTD 12/01/2015 3.090% 08/01/2022
Security Type Sub -Total 239,429.86 241,506.26 37.50 1,801.96 0.46 1.60 PFM ,asset Management LLC Account 995324 Page 12
-34-

PfM FUNDS
Managed Account Fair Market Value & Analytics For the Month Ending December 31, 2021 CITY OF YUCAIPA - CITY OF YUCAIPA - 995324 - (14209787) Security Type/ Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost Duration at Mkt Mul-ld..

BANK OF AMERICA CORP NOTE
06051GFBO
125,000.00 JSEB
106.23
132,782.38
(4,025.12)
(902.67)

1.97 1.06
DTD 01/21/2014 4.125% 01/22/2024

MORGAN STANLEY CORP NOTES
61772BAAl
10,000.00 MORGAN_
04/05/23

99.65 9,965.28
(34.72)
(34.72)

1.26 0.89
(CALLABLE)
DTD 04/22/20210.731% 04/05/2024

MORGAN STANLEY CORP NOTES
61772BAAl
30,000.00 JPM_CHA
04/05/23

99.65 29,895.84
(138.96)
(126.56)

1.26 0.89
(CALLABLE)
DTD 04/22/20210.731% 04/05/2024

BANK OF NY MELLON CORP NOTES
06406RAS6
25,000.00 JPM_CHA
03/26/24

98.73 24,682.85
(290.40)
(296.50)

2.2.3 1.05
(CALLABLE)
DTD 04/26/20210.500% 04/26/2024

MORGAN STANLEY CORP NOTES
61746BD06
125,000.00 DEUTSCH
105.94
132,429.25
(4,208.25)
(1,400.27)

2.24 1.28
DTD 04/28/2014 3.875% 04/29/2024
AMAZON.COM INC CORPORATE NOTES
023135BW5
45,000.00 JPM_CHA

98.96 44,531.51
(402.79)
(416.82)

2.36 0.90
DTD 05/12/20210.450% 05/12/2024

UNITEDHEALTH GROUP INC (CALLABLE)
91324PEB4
35,000.00 CITIGRP
05/15/22

98.71 34,548.78
(414.82)
(422.39)

0.38 1.10
CORP N
DTD 05/19/20210.550% 05/15/2024

ASTRAZENECA FINANCE LLC (CALLABLE)
04636NAC7
50,000.00 MORGAN_
05/28/22

99.09 49,543.00
(452.50)
(453.40)

0.41 1.09
CORP
DTD 05/28/20210.700% 05/28/2024

JOHN DEERE CAPITAL CORP CORPORATE
24422EV09
40,000.00 LOOP

98.69 39,476.44
(473.56)
(482.94)

2.43 1.00
NOTES
DTD 06/10/20210.450% 06/07/2024

JOHN DEERE CAPITAL CORP CORPORATE
24422EVUO
40,000.00 HSBC

98.85 39,538.52
(435.48)
(438.16)

2.67 1.06
NOTES
DTD 09/10/20210.625% 09/10/2024

TRUIST FIN CORP NOTES (CALLABLE)
05531FBB8
125,000.00 JSEB
09/26/24
104.46
130,570.63
(3,089.37)
(1,246.82)

2.64 1.24
DTD 10/26/2017 2.850% 10/26/2024

TOYOTA MOTOR CREDIT CORP CORP
89236TGT6
150,000.00 TO
101.50
152,243.70
(2.217.30)
(1,860.56)

3.03 1.31
NOTES
DTD 02/13/2020 1.800% 02/13/2025

CITIGROUP INC CORPORATE NOTES
172967MX6
15,000.00 CITIGRP

99.10 14,864.46
(135.54)
(135.54)

3.28 1.26
DTD 05/04/20210.981% 05/01/2025
PFI"Asset Management LLC
-35-
AccounC 995324 Page 13

pfm FUNDS
Managed Account Fair Market Value & Analytics For the Month Ending December 31, 2021 CITY OF YUCAIPA - CITY OF YUCAIPA - 995324 - (14209787) Security Type/ Description
Next Call
Market
Market
Unreal G/L
Unreal G/L
Effective
YTM
Dated Date/Coupon/Maturity
CUSIP
Par Broker
Date
Price
Value
On Cost
Amort Cost
Duration
at Mkt
Corporate Note

CITIGROUP INC CORPORATE NOTES
172967MX6
20,000.00 CSFB

99.10 19,819.28
(220.12)
(213.58)

3.28 1.26
DTD 05/04/2021 0.981% 05/01/2025

JPMORGAN CHASE & CO CORPORATE
46647PCH7
125,000.00 JPM_CFIA

98.81 123,507.63
(1,492.37)
(1,492.37)

3.38 1.18
NOTES
DTD 06/01/2021 0.824% 06/01/2025

GOLDMAN SACHS GROUP INC CORPORATE
38141GXSS
125,000.00 GOLDMAN

97.76 122,206.13
(1,045.12)
(1,311.43)

4.04 1.42
NOTES
DTD 02/12/20210.855% 02/12/2026

ASTRAZENECA FINANCE LLC (CALLABLE)
04636NAAl
80,000.00 DEUTSCH
04/28/26

98.73 78,980.64
(1,104.16)
(1,096.09)

4.22 1.50
CORP
DTD 05/28/2021 1.200% 05/28/2026

AMERICAN HONDA FINANCE CORPORATE
02665WDZ1
125,000.00 JSEB

98.60 123,246.75

43.00 11.05

4.55 1.61
NOTES
DTD 09/09/2021 1.300% 09/09/2026

AMERICAN EXPRESS CO (CALLABLE)
025816CM9
125.000.00 MITSU
10/04/26
100.18
125,230.63

1.119.38
1,101.64

4.59 1.61

CORPORATE
DTD 11/04/2021 1.650% 11/04/2026
Security Type Sub -Total
1,415,000.00
1,428,063.70
(19,018.20)
(11,218.13)

3.01 1.28
Certificate of Deposit

UBS AG STAMFORD CT CERT DEPOS
90275DPH7
300,000.00 UBS

99.75 299,258.83
(741.17)
(741.17)

0.86 0.64
DTD 111/05/20210.350% 11/04/2022
Security Type Sub -Total
300,000.00
299,258.83
(741.17)
(741.17)

0.86 0.64
Asset -Backed Security
GMCAR 2018-3 A3
36255JAD6
11,867.61 3PM_CHAS
100.18
11,889.35

24.51 22.53

0.10 2.88
DTD 07/18/2018 3.020% 05/16/2023

CARMAX AUTO OWNER TRUST
14313FAD1
22,299.13 BARCLAYS
100.27
22,360.33

64.24 62.10

0.12 2.94
DTD 07/25/2018 3.130% 06/15/2023
GMALT 2021-2 A3
380144AC9
75,000.00 SOCGEN

99.54 74,656.86
(331.37)
(333.75)

1.24 0.53
DTD 05/26/20210.340% 05/20/2024
PFM Asset Management LLC
-36-
Account 995324 Page 14

PfM FUNDS
Managed Account Fair Market Value & Analytics For the Month Ending December 31, 2021 CITY OF YUCAIPA - CITY OF YUCAIPA - 995324 - (14209787) Security Type/ Description
Next Call Market
Market
Unreal G/L
Unreal G/L
Effective
YTM
Dated Date/Coupon/Maturity
CUSIP
Par Broker
Date Price
Value
On Cost
Amort Cost
Duration
at Mkt
Asset -Backed Securlty
GMALT 2021-3 A4
36262XAD6
35,000.00 JPM_CHA

98.69 34,540.68
(458.06)
(458.18)

2.07 0.87
DTD 08/18/2021 0.500% 07/21/2025
HAROT 2021-4 A3
43815GAC3
55,000.00 MERRILL

99.79 54,883.09
(105.32)
(105.61)

2.16 0.93
DTD 11/24/20210.880% 01/21/2026
CARMX 2021-2 A3
14314OAC8
30,000.00 MERRILL

99.15 29,744.83
(248.71)
(249.64)

1.29 0.73
DTD 04/21/20210.520% 02/17/2026
CARMX 2021-3 A3
14317DAC4
90,000.00 RBC

99.23 89,306.12
(679.08)
(680.38)

2.1.4 0.73
DTD 07/28/2021 0.550% 06/15/2026
DCENT 2021-A1 Al
254683CP8
90,000.00 CITIGRP

98.46 88,616.76
(1,363.97)
(1,364.99)

2.68 0.91
DTD 09/27/20210.580% 09/15/2026
GMCAR 2021-4 A3
362554AC1
35,000.00 JPM_CHA

99.23 34,731.77
(267.34)
(267.38)

2.22 0.85
DTD 10/21/2021 0.680% 09/16/2026
WOART 2021-D A3
98163KAC6
50,000.00 WELLS_F

99.43 49,716.80
(276.39)
(276.61)

2.30 0.93
DTD 11/03/20210.810% 10/15/2026
COMET 2021-A3 A3
14041NFY2
125,000.00 BARCLAY

99.58 124,479.08
(503.70)
(504.00)

2.82 1.13
DTD 11/30/2021 1.040% 11/16/2026
Security Type Sub -Total
Managed Account Sub -Total
619,166.74
17,698,596.60
614,925.67
17,610,819.04
(4,145.19)
(174,692.69)
(4,155.91)
(150,704.26)

2.11 0.98

2.55 0.90
Money Market Mutual Fund
PFM Funds - Govt Select, Instl Cl 0.00 1.00 0.00 0.00 0.00 0.00 Liquid Sub -Total
Securities Sub -Total
Accrued Interest
Total Investments
PFCt+1Asset Management LLC

0.00 $17,698,596.60
-37-

0.00 0.00 0.00 0.00
$17,610,819.04
$30,062.24
$17,640,881.28
($174,692.69) ($150,704.26) 2.55 0.90%
Account 995324 Page 15

PfM FUNDS
PFM Asset Management LLC
ME
Account 995324 Page 16
Managed Account Security Transactions & Interest
For the Month Ending December 31, 2021

CITY OF
YUCAIPA - CITY OF YUCAIPA - 995324 - (14209787)
Transaction
Type
Principal
Accrued
Realized G/L Realized G/L Sale
Trade
Settle
Security Description
CUSIP
Par
Proceeds
Interest
Total Cost Amort Cost Method
11/29/21
12/01/21

AMERICAN HONDA FINANCE
02665WDZ1
125,000.00
(123,203.75)
(370.14)
(123,573.89)

CORPORATE NOTES
DTD 09/09/2021 1.300% 09/09/2026
12/01/21
12/03/21

US TREASURY N/B NOTES
91282CDK4
250,000.00
(250,712.89)
(25.76)
(250,738.65)
DTD 11/30/2021 1.250% 11/30/2026
Transaction Type Sub -Total
375,000.00
(373,916.64)
(395.90)
(374,312.54)

INTEREST
12/01/21
12/01/21

JPMORGAN CHASE & CO CORPORATE
46647PCH7
125,000.00

0.00 515.00
515.00
NOTES
DTD 06/01/20210.824% 06/01/2025
12/01/21
12/25/21
FHLMC SERIES K721 A2
3137BM6P6
259,271.80

0.00 667.62
667.62
DTD 12/01/2015 3.090% 08/01/2022
12/07/21
12/07/21

JOHN DEERE CAPITAL CORP
24422EV09
40,000.00

0.00 88.50

88.50 CORPORATE NOTES
DTD 06/10/20210.450% 06/07/2024
12/15/21
12/15/21

CARMAX AUTO OWNER TRUST
14313FAD1
31,344.93

0.00 81.76

81.76 DTD 07/25/2018 3.130% 06/15/2023
12/15/21
12/15/21
CARMX 2021-3 A3
14317DAC4
90,000.00

0.00 41.25

41.25 DTD 07/28/20210.550% 06/15/2026
12/15/21
12/15/21
WOART 2021-D A3
98163KAC6
50,000.00

0.00 47.25

47.25 DTD 11/03/20210.810% 10/15/2026
12/15/21
12/15/21
CARMX 2021-2 A3
14314OAC8

30.000.00

0.00 13.00

13.00 DTD 04/21/20210.520% 02/17/2026
12/15/21
12/15/21
DCENT 2021-A1 Al
254683CP8
90,000.00

0.00 43.50

43.50 DTD 09/27/20210.580% 09/15/2026
12/16/21
12/16/21
GMCAR 2021-4 A3
362554AC1
35,000.00

0.00 19.83

19.83 DTD 10/21/20210.680% 09/16/2026
12/16/21
12/16/21
GMCAR 2018-3 A3
362553AD6

17.237.16

0.00 43.38

43.38 DTD 07/18/2018 3.020% 05/16/2023
12/20/21
12/20/21
GMALT 2021-2 A3
380144AC9

75.000.00

0.00 21.25

21.25 DTD 05/26/20210.340% 05/20/2024
12/20/21
12/20/21
GMALT 2021-3 A4
36262XAD6
35,000.00

0.00 14.58

14.58 DTD 08/18/20210.500% 07/21/2025
PFM Asset Management LLC
ME
Account 995324 Page 16

Managed Account Security Transactions & Interest For the Month Ending December 31, 2021 CITY OF YUCAIPA - CITY OF YUCAIPA - 995324 - (14209787) Transaction Type
2,132,853.89
Principal
Accrued Realized G/L Realized G/L Sale
Trade Settle
Security Description
CUSIP
Par Proceeds
Interest Total Cost Amort Cost Method

INTEREST
12/21/21 12/21/21
HAROT 2021-4 A3
43815GAC3
55,000.00 0.00

36.30 36.30
DTD 11/24/2021 0.880% 01/21/2026
12/29/21 12/29/21

MONEY MARKET FUND
MONEY0002

0.00 0.00

0.18 0.18
12/31/21 12/31/21

US TREASURY NOTES
912828535
1,200,000.00 0.00
8,250.00 8,250.00
DTD 06/30/2016 1.375% 06/30/2023
Transaction Type Sub -Total
2,132,853.89

0.00 9,883.40
9,883.40

PAYDOWNS
12/01/21 12/01/21 FHLMC SERIES K721 A2
3137BM6P6
19,841.94
19,841.94

0.00 19,841.94
(168.97)

0.00 DTD 12/01/2015 3.090% 08/01/2022
12/15/21 12/15/21 CARMAX AUTO OWNER TRUST
14313FAD1
9,045.80
9,045.80

0.00 9,045.80

1.23 0.00
DTD 07/25/2018 3.130% 06/15/2023
12/16/21 12/16/21 GMCAR 2018-3 A3
36255JAD6
5,369.55
5,369.55

0.00 5,369.55

1.25 0.00
DTD 07/18/2018 3.0209/o 05/16/2023
Transaction Type Sub -Total
34,257.29
34,257.29

0.00 34,257.29
(166.49)

0.00 11/29/21 12/01/21 US TREASURY NOTES
912828X70
115,000.00
118,670.12
196.96
118,867.08
(1,922.65)
(729.19) FIFO
DTD 05/01/2017 2.000% 04/30/2024
12/01/21 12/03/21 US TREASURY NOTES 91282CBE0 250,000.00 247,255.86 119.74 247,375.60 (1,298.83) (1,642.34) FIFO DTD 01/15/20210.125% 01/15/2024
Transaction Type Sub -Total 365,000.00 365,925.98 316.70 366,242.68 (3,221.48) (2,371.53) Managed Account Sub -Total 26,266.63 9,804.20 36,070.83 (3,387.97) (2,371.53) Total Security Transactions $26,266.63 $9,804.20 $36,070.83 ($3,387.97) ($2,371.53) PFMAsset Management LLC Account 995324 Page 17
-39-

Account Statement
For the Month Ending December 31, 2021
CITY OF YUCAIPA - CITY OF YUCAIPA - 995324
Trade
Settlement
Share or
Dollar Amount
Total
Date
PFM Funds - Govt
Date
Select, Instl
Transaction Description
Cl
Unit Price
of Transaction
Shares Owned
Opening Balance
22,758.57
12/01/21
12/01/21
Purchase - Interest 46647PCH7

1.00 515.00
23,273.57
12/01/21
12/01/21
Purchase- Principal 912828X70

1.00 118,670.12
141,943.69
12/01/21
12/01/21
Purchase -Interest 912828X70

1.00 196.96
142,140.65
12/01/21
12/01/21
Redemption - Interest 02665WDZ1

1.00 (370.14)
141,770.51
12/01/21
12/01/21
Redemption - Principal 02665WDZ1

1.00 (123,203.75)
18,566.76
12/03/21
12/03/21
Purchase - Interest 91282CBEO

1.00 119.74
18,686.50
12/03/21
12/03/21
Purchase - Principal 91282CBEO

1.00 247,255.86
265,942.36
12/03/21
12/03/21
Redemption - Interest 91282CDK4

1.00 (25.76)
265,916.60
12/03/21
12/03/21
Redemption - Principal 91282CDK4

1.00 (250,712.89)
15,203.71
12/07/21
12/07/21
Purchase - Interest 24422EVQ9

1.00 88.50
15,292.21
12/15/21
12/15/21
Purchase -Interest 14313FAD1

1.00 81.76
15,373.97
12/15/21
12/15/21
Purchase -Interest 14314QAC8

1.00 13.00
15,386.97
12/15/21
12/15/21
Purchase - Interest 14317DAC4

1.00 41.25
15,428.22
12/15/21
12/15/21
Purchase - Interest 254683CP8

1.00 43.50
15,471.72
12/15/21
12/15/21
Purchase - Interest 98163KAC6

1.00 47.25
15,518.97
12/15/21
12/15/21
Purchase- Principal14313FADI

1.00 9,045.80
24,564.77
12/16/21
12/16/21
Purchase - Interest 362554AC1

1.00 19.83
24,584.60
12/16/21
12/16/21
Purchase - Interest 36255JAD6

1.00 43.38
24,627.98
12/17/21
12/17/21
Purchase - Principal 36255JAD6

1.00 5,369.55
29,997.53
12/17/21
12/20/21
Accrual Income Div Reinvestment - Distributions

1.00 0.29
29,997.82
12/20/21
12/20/21
Conversion to First American Funds

1.00 (29,997.82)

0.00 PFMAsset Management
LLC
Account 995324 Page 18
in

PfM FUNDS
Account Statement
CITY OF YUCAIPA - CITY OF YUCAIPA - 995324
For the Month Ending December 31, 2021
Trade Settlement
Share or
Dollar Amount Total
Date Date
Transaction Description
Unit Price
of Transaction Shares Owned
Closing Balance

0.00 Month of
Fiscal YTD
December
January -December
Opening Balance
22,758.57
2,229,568.77
Closing Balance

0.00 Purchases
381,551.79
16,888,436.47
Average Monthly Balance
11,595.88
Redemptions (Excl. Checks)
(404,310.36)
(19,118,005.24)
Monthly Distribution Yield

0.03%
Check Disbursements

0.00 0.00
Closing Balance

0.00 0.00
Cash Dividends and Income

0.29 236.58
PFM Asset Management LLC
-41-
Account 995324 Page 19

1/11/22, 11:16 AM LAIF Regular Monthly Statement
Un roof- 4
C
Local Agenev Investment Fund January 11, 2022
P.O. Box 942809
Sacramento, CA 94209-0001 LAIF Home
(916) 653-3001 PMIA Average Monthly
Yields

CITY OF YUCAIPA

TREASURER
34272 YUCAIPA BLVD.

YUCAIPA, CA 92399
Tran Type Definitions
Account Number: 98-36-999
December 2021 Statement
Account Summary_
Total Deposit: 0.00 Beginning Balance:

Total Withdrawal: 0.00 Ending Balance:
21,411,134.44
21,411,134.44
https://Iaifms.treasurer.ca.gov/RegularStatement.aspx -42- 1/1

Analyzed Business Checking - PF
Account number:�4500 ■ December 1, 2021 - December 31, 2021 ■ Page 1 of 5

CITY OF YUCAIPA

GENERAL OPERATING ACCOUNT
34272 YUCAIPA BLVD
YUCAIPA CA 92399-2434
Account summary
Questions?
Call your Customer Service Officer or Client Services
1 -800 -AT WELLS (1-800-289-3557)
5:00 AM TO 6:00 PM Pacific Time Monday - Friday
Online: wellsforgo.com
Write: Wells Fargo Bank, N.A. (114)
P.O. Box 6995
Portland, OR 97228-6995
Analyzed Business Checking - PF
Accountnumber Beginning balance Total credits Total debits Ending balance _4500 $6,858,218.13 $10,489,022.31 -$4,541,208.08 $12,806,032.36 Credits
Deposits
Effective Posted
date date Amount Transaction detail
12/14 123.00 Deposit
12/17 12/20 18,859.94 Reversal of Check Posted 12-17-21 Reposted 12-20-21 as Serial 0000098191 Our Ref: 12-17-21 00000000
12/30 250.00 Deposit
$19,232.94 Total deposits
Electronic deposits/bank credits
Effective Posted
date date
Amount
Transaction detail
12/01
1,473.70
Cash Only Customer Deposit
12/01
354.00
Cash Only Customer Deposit
12/01

15.00 Cash Only Customer Deposit
12/01
2,504.80
12/01 Bankcard Deposit -0483998756
12/01
10,811.00
Desktop Check Deposit
12/02
7,684.50
12/02Bankcard Deposit -0483998756
12/02
6,712.33
Desktop Check Deposit
12/02
5,179.45
ZBA Funding Account Transfer From 4241875095
12/03
3,561.00
12/03Bankcard Deposit -0483998756
12/06
366,473.24
Desktop Check Deposit
12/06
1,698.00
Turbo Data EFT CC Pmts Yucaipa City of Yucaipa
12/06
1,939.04
ZBA Funding Account Transfer From 4241875095
12/07
11,584.87
Caltrans Local Asst 120221 0000007874 City of Yucaipa
12/07
3,546.00
12/0713ankcard Deposit -0483998756
12/07
443,540.93
Desktop Check Deposit
12/07
1,452.85
Desktop Check Deposit
-2010 Wells Fargo Bank, N.A.

Yucaipa City CouncilFebruary 14, 2022

Yucaipa City Council
February 14, 2022