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CM2019-003 INVESTMENT REPORT DECEMBER 2018.docCM2019-003 e* Chho. MEMORANDUM DATE: JANUARY 28, 2019 TO: HONORABLE MAYOR AND CITY COUNCIL MEMBERS FROM: KONRADT BARTLAM, CITY MANA SUBJECT: INVESTMENT REPORT FOR DECEMBER 2018 Attached is the Investment Report for December 2018. The City Treasurer is required to forward the monthly Investment Report to the City Council within 30 days following the end of the month for which the Investment Report is prepared. The Investment Report will be presented to the City Council at a regular council meeting for formal approval. This presentation generally occurs at the first council meeting of the second month following the month for which the Investment Report is being prepared. KB:CB:EC:TH:rb Attachment cc: Robin Butler, Administrative Assistant II Attachment No. 1 City of Chino Hills Investment Report For the Month Ended December 31, 2018 Description Cost Value Cash and Cash Equivalents Citizens Business Bank - Checking $ 2,205,051 Citizens Business Bank - Payroll Citizens Business Bank - Certificate of Deposit Citizens Business Bank - Credit Card State of California Local Agency Investment Fund (LAIF) Los Angeles County Investment Pool (LACIP) * Investments - US Bank / Chandler Asset Management Asset -Backed Securities Federal Agencies Collateralized Mortgage Obligation Money Market Funds Supranational US Corporate US Treasury Description Restricted Funds - Pension Stabilization Fund US Bank Money Markets Cash Mutual Funds - Equity Mutual Funds - Fixed Income Market Value $ 2,205,051 456,218 456,218 8,094,766 8,087,085 2,359,247 2,359,247 14, 991, 624 67,173, 640 8,388,845 143,788 5,340,925 57,419,631 45,801,437 15,006,521 66,305,932 8,436,378 143,788 5,387,995 56,770,638 45,221,166 Cost Value Market Value 170,352 2,124 3,314,707 3,110,119 170,352 2,124 3,291,349 3,085,412 Funds Held by Fiscal Agents US Bank First AmericanTreasury Obligations Fund Class D 981,798 • 981,798 US Bank N.A. Certificate of Deposit 232,056 232,056 US Bank N.A. Certificate of Deposit 7,161,890 7,161,890 (See Attached Supplemental) Total Investment Portfolio $ 227,348,218 $ 225,305,000 1Blended Yield of Cash and Investments * 2.15%I Benchmarks: LAI F LACIP * 6mo U.S. Treasury 2yr U.S. Treasury 5yr U.S. Treasury 2.29% 2.06% 2.56% 2.48% 2.51 Interest/ Book % of Yield Maturity Date Portfolio 0.00% n/a 0.00% n/a 0.36% 4/29/2019 0.00% n/a 2.29% n/a 2.06% n/a 2.50% See attached 1.81% See attached 3.06% See attached 1.90% n/a 2.83% See attached 2.51% See attached 1.78% See attached 0.98% 0.00% 0.20% 0.00% 3.59% 1.04% 6.66% 29.43% 3.74% 0.06% 2.39% 25.20% 20.07% Market Yield to % of Maturity Maturity Date Portfolio 2.28% 0.00% 2.30% 2.73% 1.80% 2.02% 2.30% * To ensure timely submission of the Investment Report, the prior month's LACIP percentage yield is used. n/a n/a n/a n/a n/a 1 /4/2019 6/3/2019 0.08% 0.00% 1.46% 1.37% 0.44% 0.10% 3.19% 100.00% I hereby certify that the investments are in compliance with the investment policy adopted by the City Council. The investment portfolio provides sufficient funds to meet the budgeted expenditures over the next six months. This report meets the requirements of Government Code Section 53646. PREPARED BY: HMA, 1I11 Toni Holle, Senior Accour(tchnician ChrEiuha iar, Finance Director REVIEWED BY: -FOR Nett; Lugotoff, l c nting Supel iisor Attachment No. 1 Funds Held by Fiscal Agents Supplemental Interest/ Yield to % of Description Cost Value Market Value Maturity Maturity Date Portfolio Funds Held by Fiscal Agents US Bank CHFA Water Revenue Bonds Series 2012 Bond Fund First American Treasury Obligations Fund Class D $ 699 $ 699 1.88% n/a 0.00% CHFA Water Revenue Bonds Series 2012 Reserve Fund U.S Bank N.A. Certificate of Deposit 1,120,375 1,120,375 2.30% 6/3/2019 0.50% CHFA Water Revenue Bonds Series 2012 Acquisition Fund First American Treasury Obligations Fund Class D 479,139 479,139 1.88% n/a 0.21% CHFA Water Revenue Bonds Series 2012 Interest Account First American Treasury Obligations Fund Class D 0.00% n/a 0.00% CHFA Water Revenue Bonds Series 2012 Principal Account First American Treasury Obligations Fund Class D 62 62 1.88% n/a 0.00% CHFA Revenue Bonds CFD #1 Rolling Ridge Bond Fund First American Treasury Obligations Fund Class D 45 45 1.88% n/a 0.00% CHFA Revenue Bonds CFD #1 Rolling Ridge Reserve First American Treasury Obligations Fund Class D 9,527 9,527 1.88% n/a 0.00% CHFA Revenue Bonds CFD #1 Rolling Ridge Reserve U.S Bank N.A. Certificate of Deposit 721,303 721,303 2.30% 6/3/2019 0.32% CHFA Revenue Bonds CFD #2 Los Ranchos Bond Fund First American Treasury Obligations Fund Class D 435 435 1.88% n/a 0.00% CHFA Revenue Bonds CFD #2 Los Ranchos Reserve First American Treasury Obligations Fund Class D 22,137 22,137 1.88% n/a 0.01% CHFA Revenue Bonds CFD #2 Los Ranchos Reserve Fund U.S Bank N.A. Certificate of Deposit 1,676,080 1,676,080 2.30% 6/3/2019 0.74% CHFA Revenue Bonds CFD #4 Oaks Area Bond Fund First American Treasury Obligations Fund Class D 179,304 179,304 1.88% n/a 0.08% CHFA Revenue Bonds CFD #5 Soquel Canyon Bond Fund First American Treasury Obligations Fund Class D 573 573 1.88% n/a 0.00% CHFA Revenue Bonds CFD #5 Soquel Canyon Reserve First American Treasury Obligations Fund Class D 26,405 26,405 1.88% n/a 0.01% CHFA Revenue Bonds CFD #5 Soquel Canyon Reserve U.S Bank N.A. Certificate of Deposit 1,999,156 1,999,156 2.30% 6/3/2019 0.89% CFD #6 (Carbon Canyon Area) Special Tax Series 2006 Bond Fund First American Treasury Obligations Fund Class D 47 47 1.88% n/a 0.00% CFD #6 (Carbon Canyon Area) Special Tax Series 2006 Reserve First American Treasury Obligations Fund Class D 16,043 16,043 1.88% n/a 0.01% CFD #6 (Carbon Canyon Area) Special Tax Series 2006 Reserve U.S Bank N.A. Certificate of Deposit 171,726 171,726 2.30% 6/3/2019 0.08% CHFA Revenue Bonds CFD #8 (Butterfield Area) Bond Fund First American Treasury Obligations Fund Class D 79,556 79,556 1.88% n/a 0.04% Reassessment District 10-1 LOIB Redemption First American Treasury Obligations Fund Class D 99 99 1.88% n/a 0.00% Reassessment District 10-1 LOIB Reserve First American Treasury Obligations Fund Class D 13,815 13,815 1.88% n/a 0.01% Reassessment District 10-1 LOIB Reserve U.S Bank N.A. Certificate of Deposit 232,056 232,056 2.02% 1/4/2019 0.10% CFD #9 (Rincon Village Area) Special Tax Refunding Series 2011 Bond First American Treasury Obligations Fund Class D 6,369 6,369 1.88% n/a 0.00% CFD #9 (Rincon Village Area) Special Tax Refunding Series 2011 Reserve U.S Bank N.A. Certificate of Deposit 491,500 491,500 2.30% 6/3/2019 0.22% CFD #9 (Rincon Village Area) Special Tax Refunding Series 2011 Interest First American Treasury Obligations Fund Class D 13 13 1.84% n/a 0.00% CFD #9 (Rincon Village Area) Special Tax Refunding Series 2011 Principal First American Treasury Obligations Fund Class D 167 167 1.88% n/a 0.00% CFD #10 (Fairfield Ranch) Special Tax Refunding Series 2010 Improvement First American Treasury Obligations Fund Class D 147,044 147,044 1.88% n/a 0.07% CFD #10 (Fairfield Ranch) Special Tax Refunding Series 2010 Bond First American Treasury Obligations Fund Class D 86 86 1.88% n/a 0.00% CFD #10 (Fairfield Ranch) Special Tax Refunding Series 2010 Interest First American Treasury Obligations Fund Class D 63 63 1.88% n/a 0.00% CFD #10 (Fairfield Ranch) Special Tax Refunding Series 2010 Principal First American Treasury Obligations Fund Class D 170 170 1.88% n/a 0.00% CFD #10 (Fairfield Ranch) Special Tax Refunding Series 2010 Reserve U.S Bank N.A. Certificate of Deposit 981,750 981,750 2.30% 6/3/2019 0.44% Total Funds Held by Fiscal Agents $ 8,375,744 $ 8,375,744 3.73% City of Chino Hills Portfolio Summary Account#10150 PORTFOLIO CHARACTERISTICS Average Modified Duration Average Coupon Average Purchase YTM Average Market YTM Average S&P/Moody Rating Average Final Maturity Average Life SECTOR ALLOCATION Agency US Corp US Treasury ABS 2.32 2.00% 2.14% 2.76% AA/Aa1 2.58 yrs 2.44 yrs 7.6% cMo.4.3% supras , 2.7% Money Mkt Fd 0.1% PERFORMANCE REVIEW 22.9% 28.9% 33.6% As of December 31, 2018 ACCOUNT SUMMARY Beg. Values as of 11/30/18 End Values as of 12/31/18 Market Value Accrued Interest Total Market Value Income Earned Cont/WD Par Book Value Cost Value MATURITY DISTRIBUTION 35% 30% 25% 20% 15% 10% 5% 195,419,561 924,769 196,344,330 339,115 199,886,868 199,138, 009 198,945,551 30.3% 197,272,417 929,255 198,201,672 355,010 -11,569 200,204,182 199,476,964 199,259,890 0-.25 .25-.5 .5-1 1-2 2-3 3-4 4-5 Maturity (Yrs) 5+ TOP ISSUERS Government of United States Federal National Mortgage Assoc Federal Home Loan Mortgage Corp Federal Home Loan Bank John Deere ABS Honda ABS State Street Bank Inter -American Dev Bank Total CREDIT QUALITY (S&P) AA (65.0%) A (18.7%) Annualized CM 22.9% 16.7% 13.5% 7.6% 2.3% 2.0% 1.6% 1.5% 68.1% BBB (0.5%) AAA (5.4%) NR (10.4%) TOTAL RATE OF RETURN 1M 3M YTD 1YR 2YRS 3YRS SYRS 10YRS 2/28/2011 City of Chino Hills ICE BAML 1-5 Yr US Treasury/Agency Index* *ICE BAML 1-3 Yr US Treasury/Agency Index to 7/31/12 0.95% 1.38% 1.46% 1.46% 1.09% 1.70% 1.52% 1.52% 1.27% 1.09% 1.30% 1.27% 1.09% 1.10% N/A N/A 1.16% 0.93% Chandler Asset Management - CONFIDENTIAL Page 1 Execution Time: 1/2/2019 8:31:04 PM Statement of Compliance As of December 31, 2018 City of Chino Hills CA Assets managed by Chandler Asset Management are in full compliance with state law and the Client's investment policy. Category Standard Comment Treasury Issues No Limitation Complies Agency Issues 25% max per Agency/GSE issuer; 20% max agency callable securities Complies "AA" rated or better by a NRSRO; 30% maximum; 10% max per issuer; U.S. dollar denominated senior unsecured Supranationals unsubordinated obligations issued or unconditionally guaranteed by the International Bank for Reconstruction and Complies Development ("IBRD"), the International Finance Corporation ("IFC") or the Inter -American Development Bank ("IADB") Municipal Issues "A" rated or better by a NRSRO; 30% maximum; 5% max per issuer Complies "Al" short-term rated or better by a NRSRO; or "A" long-term debt rated or better by a NRSRO; 40% maximum; 5% max per Banker's Acceptances issuer; 180 days max maturity Complies "A-1" rated or better by a NRSRO; "A" long-term issuer rated or better by a NRSRO; 25% maximum; 5% max per issuer; 270 Commercial Paper Complies days max maturity; Issuer is a corporation organized and operating in the U.S. and have $500 million total assets No rating required if amount of the NCD is insured up to the FDIC limit; If above FDIC insured limit, requires "A-1" short - Negotiable Certificates of Deposit Complies term or "A" long-term rated issuer or higher by a NRSRO; 30% maximum; (inclusive of CDARS); 5% max per issuer Time Deposits (TD)/Certificates of Deposit 20% maximum (combination of FDIC and Collateralized TDs/ CDs); For federally insured time deposits, amount per (CD) institution is limited to maximum covered under FDIC; Collateralized if in excess of insured amounts Complies "A" rated or better by a NRSRO; 30% maximum; 5% max per issuer; Issued by corporations organized and operating within Corporate Medium Term Notes Complied at time of purchase* the U.S. or by depository institutions licensed by the U.S. or any state and operating within the U.S. Asset -Backed (ABS), Mortgage -Backed "AA" rated or better by a NRSRO; "A" long-term debt issuer rated or better by a NRSRO; 20% maximum (combined ABS, Securities; Pass-Throughs; CMOs MBS, MPTs, CMOs); 5% max per issuer; No issuer limitation where the issuer is the US Treasury or Federal Agency/GSE. Highest rating or "AAA" rated by two NRSROs; SEC registered adviser with AUM >$500 million and experience > 5 years; 20% Mutual Fund & Money Market Mutual Fund maximum in Mutual Funds and Money Market Mutual Funds; 10% max per one Mutual Fund; 20% max per one Money Complies Market Mutual Fund LAIF Maximum amount permitted by LAIF Complies LGIP Los Angles County Investment Pool (LACIP) Complies Repurchase Agreements 102% collateralized; 1 year max maturity Complies Inverse floaters, Range notes, Mortgage -derived, Interest -only strips; Zero interest accrual securities; Reverse Repurchase Prohibited Complies Agreements; Foreign currency denominated securities Max Callables 20% maximum callable securities (does not include "make whole call" securities) Complies 5% of portfolio (except U.S. Government, U.S. Agencies, Supranationals, Mutual Funds or Money Market Funds, LAIF, LACIP, Max Per Issuer Complies or unless otherwise specified in the investment policy) Maximum maturity 5 years Complies * General Electric (36962G7G3) rated Baa1/888+/888+ was downgraded November 2018 and October 2018; Complied at time of purchase Complies City of Chino Hills Account#10150 Reconciliation Summary As of December 31, 2018 BOOK VALUE RECONCILIATION BEGINNING BOOK VALUE Acquisition + Security Purchases + Money Market Fund Purchases + Money Market Contributions + Security Contributions + Security Transfers Total Acquisitions $2,501,562.50 $2,039,592.10 $0.00 $0.00 $0.00 $199,138,008.66 Dispositions - Security Sales - Money Market Fund Sales - MMF Withdrawals - Security Withdrawals - Security Transfers - Other Dispositions - Maturites - Calls - Principal Paydowns Total Dispositions $0.00 $2,507,793.75 $11,569.42 $0.00 $0.00 $0.00 $1,095,000.00 $0.00 $607,915.54 Amortization/Accretion +/- Net Accretion Gain/Loss on Dispositions +/- Realized Gain/Loss $4,541,154.60 $4,222,278.71 $20,079.09 $0.00 ENDING BOOK VALUE $20,079.09 $0.00 $199,476,963.64 IMP CM CASH TRANSACTION SUMMARY BEGINNING BALANCE Acquisition Contributions Security Sale Proceeds Accrued Interest Received Interest Received Dividend Received Principal on Maturities Interest on Maturities Calls/Redemption (Principal) Interest from Calls/Redemption Principal Paydown Total Acquisitions $0.00 $0.00 $0.00 $331,569.70 $5,106.86 $1,095,000.00 $0.00 $0.00 $0.00 $607,915.54 $2,039,592.10 $623,559.51 Dispositions Withdrawals Security Purchase Accrued Interest Paid Total Dispositions $11,569.42 $2,501,562.50 $6,231.25 $2,519,363.17 ENDING BOOK VALUE $143,788.44 Chandler Asset Management - CONFIDENTIAL Page 3 Execution Time: 1/2/2019 8:31:04 PM City of Chino Hills Account#10150 Holdings Report As of December 31, 2018 CM CUSIP Security Description Par Value/Units Purchase Date Cost Value Mkt Price Market Value % of Port. Moody/S&P Maturity Book Yield Book Value Mkt YTM Accrued Int. Gain/Loss Fitch Duration ABS 654747AB0 Nissan Auto Receivables 2017-A A2A 41,468.08 03/21/2017 1.47% Due 1/15/2020 1.47% 41,467.86 41,468.00 99.95 41,449.02 0.02% Aaa / NR 1.04 2.98% 27.09 (18.98) AAA 0.03 47788MAC4 John Deere Owner Trust 2016-A A3 184,138.76 02/23/2016 184,109.78 99.77 183,707.29 0.09% Aaa / NR 1.29 1.36% Due 4/15/2020 1.37% 184,129.71 2.93% 111.30 (422.42) AAA 0.15 47788BAB0 John Deere Owner Trust 2017-B A2A 681,568.90 Various 680,381.09 99.81 680,266.63 0.34% Aaa / NR 1.29 1.59% Due 4/15/2020 1.79% 680,919.91 2.95% 481.64 (653.28) AAA 0.14 89237RAB4 Toyota Auto Receivable 2017-C A2A 789,200.60 07/25/2017 789,193.10 99.60 786,029.50 0.40% Aaa / AAA 1.54 1.58% Due 7/15/2020 1.59% 789,196.70 2.98% 554.19 (3,167.20) NR 0.29 89238BAB8 Toyota Auto Receivables Owner 2018-A 1,829,189.35 01/23/2018 1,829,002.40 99.61 1,822,060.87 0.92% Aaa / AAA 1.79 A2A 2.12% 1,829,065.79 3.07% 1,707.24 (7,004.92) NR 0.40 2.1% Due 10/15/2020 65478VAD9 NAROT 2016-B A3 1,229,827.64 12/06/2017 1,222,025.43 99.20 1,219,996.35 0.62% Aaa / NR 2.04 1.32% Due 1/15/2021 1.73% 1,224,701.85 3.10% 180.38 (4,705.50) AAA 0.45 161571HF4 Chase CHAIT 2016-A5 1,000,000.00 09/27/2018 988,320.31 99.12 991,235.00 0.50% NR / AAA 2.54 1.27% Due 7/15/2021 2.11% 989,407.06 2.95% 564.44 1,827.94 AAA 0.52 43811BAC8 Honda Auto Receivables 2017-2 A3 2,250,000.00 04/27/2018 2,215,019.53 98.97 2,226,735.00 1.12% Aaa / AAA 2.63 1.68% Due 8/16/2021 2.62% 2,222,166.70 2.95% 1,680.00 4,568.30 NR 0.82 47788BAD6 John Deere Owner Trust 2017-B A3 1,145,000.00 Various 1,132,937.25 98.87 1,132,063.79 0.57% Aaa / NR 2.79 1.82% Due 10/15/2021 2.73% 1,135,004.45 2.99% 926.18 (2,940.66) AAA 0.97 47788CAC6 John Deere Owner Trust 2016-B A4 620,000.00 02/21/2018 619,955.42 99.68 617,991.81 0.31% Aaa / NR 3.30 2.66% Due 4/18/2022 2.68% 619,964.48 2.90% 732.98 (1,972.67) AAA 1.42 43815HAC1 Honda Auto Receivables Owner 2018-3 1,680,000.00 08/21/2018 1,679,769.50 100.06 1,681,056.70 0.85% Aaa / NR 3.64 A3 2.98% 1,679,789.46 2.94% 1,376.67 1,267.24 AAA 1.95 2.95% Due 8/22/2022 02587AAJ3 American Express Credit 2017-1 1,725,000.00 Various 1,699,587.14 98.82 1,704,598.41 0.86% Aaa / NR 3.71 1.93% Due 9/15/2022 3.01% 1,701,612.84 3.03% 1,479.66 2,985.57 AAA 1.09 47788EAC2 John Deere Owner Trust 2018-B A3 1,910,000.00 07/18/2018 1,909,855.22 100.49 1,919,330.33 0.97% Aaa / NR 3.88 3.08% Due 11/15/2022 3.10% 1,909,869.94 2.87% 2,614.58 9,460.39 AAA 2.15 14,991,624.03 15,006,520.70 7.58% Aaa / AAA 2.77 Total ABS 15,085,393.33 2.50% 15,007,296.89 2.98% 12,436.35 (776.19) AAA 1.01 Chandler Asset Management - CONFIDENTIAL Paee 4 Execution Time: 1/2/2019 8:31:04 PM City of Chino Hills Account#10150 Holdings Report As of December 31, 2018 CM CUSIP Security Description Par Value/Units Purchase Date Cost Value Mkt Price Market Value % of Port. Moody/S&P Maturity Book Yield Book Value Mkt YTM Accrued Int. Gain/Loss Fitch Duration AGENCY 3135G0ZG1 FNMA Note 1.75% Due 9/12/2019 3137EADM8 FHLMC Note 1.25% Due 10/2/2019 3137EAEE5 FHLMC Note 1.5% Due 1/17/2020 3135G0A78 FNMA Note 1.625% Due 1/21/2020 3137EADR7 FHLMC Note 1.375% Due 5/1/2020 313383HU8 FHLB Note 1.75% Due 6/12/2020 3135G0D75 FNMA Note 1.5% Due 6/22/2020 3137EAEK1 FHLMC Note 1.875% Due 11/17/2020 3135G0F73 FNMA Note 1.5% Due 11/30/2020 3130A7CV5 FHLB Note 1.375% Due 2/18/2021 3135G0J20 FNMA Note 1.375% Due 2/26/2021 3135G0K69 FNMA Note 1.25% Due 5/6/2021 313379RB7 FHLB Note 1.875% Due 6/11/2021 3130A8QS5 FHLB Note 1.125% Due 7/14/2021 3137EAEC9 FHLMC Note 1.125% Due 8/12/2021 3135G0N82 FNMA Note 1.25% Due 8/17/2021 1,300,000.00 10/07/2014 1,297,075.00 99.39 1,292,050.50 0.66% Aaa / AA+ 0.70 1.80% 1,299,587.25 2.64% 6,888.19 (7,536.75) AAA 0.68 2,500,000.00 09/30/2015 2,494,100.00 98.97 2,474,167.50 1.25% Aaa/AA+ 0.75 1.31% 2,498,895.01 2.64% 7,725.69 (24,727.51) AAA 0.74 3,150,000.00 02/14/2017 3,140,487.00 98.88 3,114,666.45 1.58% Aaa / AA+ 1.05 1.61% 3,146,599.95 2.60% 21,525.00 (31,933.50) AAA 1.02 3,500,000.00 12/08/2017 3,481,485.00 99.00 3,465,164.50 1.76% Aaa / AA+ 1.06 1.88% 3,490,754.51 2.59% 25,277.78 (25,590.01) AAA 1.03 2,550,000.00 Various 2,525,807.60 98.46 2,510,620.35 1.27% Aaa / AA+ 1.33 1.59% 2,543,053.91 2.56% 5,843.75 (32,433.56) AAA 1.31 2,500,000.00 09/15/2015 2,510,425.00 98.85 2,471,160.00 1.25% Aaa / AA+ 1.45 1.66% 2,503,179.90 2.57% 2,309.03 (32,019.90) NR 1.42 2,625,000.00 09/29/2015 2,626,417.50 98.54 2,586,598.88 1.31% Aaa / AA+ 1.48 1.49% 2,625,441.58 2.52% 984.38 (38,842.70) AAA 1.45 3,350,000.00 11/21/2017 3,341,319.58 98.75 3,308,285.80 1.67% Aaa / AA+ 1.88 1.96% 3,344,541.92 2.56% 7,677.08 (36,256.12) AAA 1.83 2,700,000.00 12/16/2015 2,648,970.00 98.02 2,646,496.80 1.34% Aaa / AA+ 1.92 1.90% 2,680,292.83 2.57% 3,487.50 (33,796.03) AAA 1.87 2,235,000.00 02/17/2016 2,225,970.60 97.68 2,183,051.90 1.11% Aaa / AA+ 2.14 1.46% 2,231,150.03 2.50% 11,353.49 (48,098.13) AAA 2.07 3,500,000.00 Various 3,472,861.80 97.56 3,414,719.00 1.73% Aaa / AA+ 2.16 1.59% 3,484,409.34 2.54% 16,710.07 (69,690.34) AAA 2.09 2,875,000.00 Various 2,869,786.50 97.10 2,791,708.38 1.41% Aaa / AA+ 2.35 1.29% 2,872,521.60 2.53% 5,490.45 (80,813.22) AAA 2.29 1,695,000.00 08/30/2017 1,707,780.30 98.14 1,663,471.31 0.84% Aaa / AA+ 2.45 1.67% 1,703,260.89 2.67% 1,765.63 (39,789.58) AAA 2.37 2,800,000.00 07/22/2016 2,778,272.00 96.58 2,704,139.20 1.37% Aaa / AA+ 2.54 1.29% 2,788,926.50 2.53% 14,612.50 (84,787.30) AAA 2.46 3,200,000.00 09/26/2016 3,176,448.00 96.58 3,090,582.40 1.57% Aaa / AA+ 2.62 1.28% 3,187,377.19 2.48% 13,900.00 (96,794.79) AAA 2.54 3,200,000.00 09/28/2016 3,195,072.00 96.84 3,098,803.20 1.57% Aaa / AA+ 2.63 1.28% 3,197,349.44 2.50% 14,888.89 (98,546.24) AAA 2.55 Chandler Asset Management - CONFIDENTIAL Page 5 Execution Time: 1/2/2019 8:31:04 PM City of Chino Hills Account#10150 Holdings Report As of December 31, 2018 CM CUSIP Security Description Par Value/Units Purchase Date Cost Value Mkt Price Market Value % of Port. Moody/S&P Maturity Book Yield Book Value Mkt YTM Accrued Int. Gain/Loss Fitch Duration AGENCY 3130AABG2 FHLB Note 1.875% Due 11/29/2021 3135G0S38 FNMA Note 2% Due 1/5/2022 3135G0T45 FNMA Note 1.875% Due 4/5/2022 3135G0T78 FNMA Note 2% Due 10/5/2022 3130A3KM5 FHLB Note 2.5% Due 12/9/2022 3135G0T94 FNMA Note 2.375% Due 1/19/2023 3137EAEN5 FHLMC Note 2.75% Due 6/19/2023 Total Agency 67,440,000.00 3,375,000.00 02/27/2017 3,373,110.00 98.19 3,314,067.75 1.67% Aaa / AA+ 2.92 1.89% 3,373,842.03 2.52% 5,625.00 (59,774.28) AAA 2.81 3,400,000.00 Various 3,396,588.25 98.52 3,349,690.20 1.71% Aaa / AA+ 3.02 2.02% 3,397,922.07 2.51% 33,244.45 (48,231.87) AAA 2.87 3,485,000.00 06/19/2017 3,484,473.77 97.99 3,414,864.38 1.73% Aaa / AA+ 3.26 1.88% 3,484,642.16 2.52% 15,609.90 (69,777.78) AAA 3.12 3,500,000.00 12/08/2017 3,465,595.00 98.11 3,433,836.00 1.74% Aaa / AA+ 3.76 2.22% 3,473,144.93 2.53% 16,722.22 (39,308.93) AAA 3.58 2,750,000.00 12/15/2017 2,782,010.00 99.35 2,732,070.00 1.38% Aaa / AA+ 3.94 2.25% 2,775,333.18 2.68% 4,201.39 (43,263.18) NR 3.72 3,500,000.00 04/11/2018 3,448,410.00 99.25 3,473,806.00 1.77% Aaa / AA+ 4.05 2.71% 3,456,223.98 2.57% 37,406.25 17,582.02 AAA 3.79 3,750,000.00 07/20/2018 3,731,175.00 100.58 3,771,911.25 1.90% Aaa / AA+ 4.47 2.86% 3,732,876.81 2.61% 3,437.50 39,034.44 AAA 4.18 67,173,639.90 66,305,931.75 33.59% Aaa / AA+ 2.46 1.81% 67,291,327.01 2.56% 276,686.14 (985,395.26) AAA 2.36 CMO 3137BFDQ1 FHLMC K717 A2 2.991% Due 9/25/2021 3137B5JM6 FHLMC K034 A2 3.531% Due 7/25/2023 3137B7MZ9 FHLMC K036 A2 3.527% Due 10/25/2023 2,500,000.00 12/28/2018 2,501,562.50 100.24 2,505,915.00 1.27% NR / NR 2.74 2.81% 2,501,560.94 2.83% 6,231.25 4,354.06 AAA 2.41 3,100,000.00 08/28/2018 3,165,753.91 102.34 3,172,481.10 1.61% NR / NR 4.57 3.03% 3,161,233.10 2.93% 9,121.75 11,248.00 AAA 4.09 2,695,000.00 10/29/2018 2,721,528.91 102.34 2,757,982.15 1.39% Aaa / NR 4.82 3.32% 2,720,613.10 2.95% 1,584.21 37,369.05 AAA 4.26 Total CMO 8,295,000.00 8,388,845.32 3.06% 8,383,407.14 2.91% 8,436,378.25 4.27% Aaa / NR 16,937.21 52,971.11 AAA 4.11 3.65 Chandler Asset Management - CONFIDENTIAL Page 6 Execution Time: 1/2/2019 8:31:04 PM City of Chino Hills Account#10150 Holdings Report As of December 31, 2018 CM CUSIP Security Description Par Value/Units Purchase Date Cost Value Mkt Price Market Value % of Port. Moody/S&P Maturity Book Yield Book Value Mkt YTM Accrued Int. Gain/Loss Fitch Duration MONEY MARKET FUND Fl 31846V401 First American Govt Obligation MMKT Class-D Total Money Market Fund Fl 143,788.44 Various 1.90% 143,788.44 1.90% 143,788.44 143,788.44 1.00 1.90% 143,788.44 143,788.44 1.90% 143,788.44 0.00 143,788.44 0.00 0.07% Aaa / AAA 0.00 AAA 0.07% Aaa / AAA 0.00 AAA 0.00 0.00 0.00 0.00 SUPRANATIONAL 45950KCM0 International Finance Corp Note 2,500,000.00 08/27/2018 2,468,725.00 99.34 2,483,592.50 1.27% Aaa / AAA 2.07 2.25% Due 1/25/2021 2.79% 2,473,167.47 2.58% 24,375.00 10,425.03 NR 1.99 4581X0CZ9 Inter -American Dev Bank Note 3,000,000.00 08/21/2018 2,872,200.00 96.81 2,904,402.00 1.47% NR / NR 3.71 1.75% Due 9/14/2022 2.87% 2,883,489.14 2.66% 15,604.17 20,912.86 AAA 3.53 5,340,925.00 5,387,994.50 2.74% Aaa / AAA 2.95 Total Supranational 5,500,000.00 2.83% 5,356,656.61 2.62% 39,979.17 31,337.89 AAA 2.82 US CORPORATE 36962G7G3 General Electric Capital Corp Note 1,000,000.00 09/10/2015 1,011,900.00 99.96 999,609.00 0.51% Baal / BBB+ 0.04 2.3% Due 1/14/2019 1.93% 1,000,127.12 3.35% 10,669.44 (518.12) BBB+ 0.04 17275RAR3 Cisco Systems Note 2,230,000.00 Various 2,256,499.90 99.86 2,226,862.40 1.13% Al / AA- 0.16 2.125% Due 3/1/2019 1.67% 2,231,613.15 2.95% 15,795.82 (4,750.75) NR 0.17 91159HHH6 US Bancorp Callable Note Cont 1,700,000.00 Various 1,712,152.45 99.78 1,696,280.40 0.86% Al / A+ 0.32 3/25/2019 1.95% 1,700,910.98 2.89% 6,856.66 (4,630.58) AA- 0.31 2.2% Due 4/25/2019 40434CAC9 HSBC USA Inc Note 2,200,000.00 06/20/2017 2,211,242.00 99.60 2,191,208.80 1.11% A2 / A 0.48 2.25% Due 6/23/2019 1.99% 2,202,664.20 3.10% 1,100.00 (11,455.40) AA- 0.47 06406HCW7 Bank of New York Callable Note Cont 1,815,000.00 Various 1,822,288.25 99.48 1,805,565.63 0.92% Al / A 0.70 8/11/2019 2.19% 1,816,134.02 3.06% 12,755.41 (10,568.39) AA- 0.68 2.3% Due 9/11/2019 94974BGF1 Wells Fargo Corp Note 2,025,000.00 Various 2,024,153.60 98.91 2,002,978.13 1.02% A2 / A- 1.08 2.15% Due 1/30/2020 2.15% 2,025,017.38 3.18% 18,261.56 (22,039.25) A+ 1.05 22160KAG0 Costco Wholesale Corp Note 900,000.00 02/05/2015 899,055.00 98.96 890,662.50 0.45% Aa3 / A+ 1.13 1.75% Due 2/15/2020 1.77% 899,787.58 2.69% 5,950.00 (9,125.08) A+ 1.09 Chandler Asset Management - CONFIDENTIAL Paee 7 Execution Time: 1/2/2019 8:31:04 PM City of Chino Hills Account#10150 Holdings Report As of December 31, 2018 CM CUSIP Security Description Par Value/Units Purchase Date Cost Value Mkt Price Market Value % of Port. Moody/S&P Maturity Book Yield Book Value Mkt YTM Accrued Int. Gain/Loss Fitch Duration US CORPORATE 747525AD5 Qualcomm Inc Note 1,930,000.00 Various 1,918,856.25 98.61 1,903,173.00 0.96% A2 / A- 1.39 2.25% Due 5/20/2020 2.36% 1,927,395.04 3.28% 4,945.62 (24,222.04) NR 1.35 437076BQ4 Home Depot Note 875,000.00 05/24/2017 874,492.50 98.57 862,479.63 0.44% A2 / A 1.43 1.8% Due 6/5/2020 1.82% 874,758.75 2.83% 1,137.50 (12,279.12) A 1.39 857477AS2 State Street Bank Note 1,750,000.00 01/21/2016 1,778,420.00 99.16 1,735,307.00 0.88% Al / A 1.63 2.55% Due 8/18/2020 2.17% 1,760,150.00 3.08% 16,486.46 (24,843.00) AA- 1.57 594918BG8 Microsoft Callable Note Cont. 10/03/20 1,025,000.00 Various 1,025,086.50 98.89 1,013,585.60 0.51% Aaa / AAA 1.84 2% Due 11/3/2020 1.99% 1,025,084.99 2.62% 3,302.78 (11,499.39) AA+ 1.79 00440EAT4 Chubb INA Holdings Inc Callable Note 2,475,000.00 Various 2,484,922.25 98.57 2,439,605.03 1.24% A3 / A 1.84 Cont 10/3/2020 2.18% 2,479,864.26 3.10% 9,171.25 (40,259.23) A 1.78 2.3% Due 11/3/2020 92826CAB8 Visa Inc Note 1,800,000.00 Various 1,845,865.00 98.91 1,780,446.60 0.90% Al / AA- 1.96 2.2% Due 12/14/2020 1.60% 1,820,126.95 2.77% 1,870.00 (39,680.35) NR 1.89 78012KKU0 Royal Bank of Canada Note 2,525,000.00 12/11/2017 2,534,569.75 98.85 2,496,053.40 1.27% Aa2 / AA- 2.05 2.5% Due 1/19/2021 2.37% 2,531,326.34 3.08% 28,406.25 (35,272.94) AA 1.96 30231GAV4 Exxon Mobil Corp Callable Note Cont 1,795,000.00 Various 1,815,422.45 98.56 1,769,155.59 0.90% Aaa / AA+ 2.17 2/1/2021 1.97% 1,804,235.11 2.91% 13,294.97 (35,079.52) NR 2.08 2.222% Due 3/1/2021 369550BE7 General Dynamics Corp Note 2,390,000.00 Various 2,373,224.70 100.08 2,391,933.51 1.21% A2 / A+ 2.36 3% Due 5/11/2021 3.25% 2,376,757.91 2.96% 9,958.34 15,175.60 NR 2.26 22160KAJ4 Costco Wholesale Corp Note 1,000,000.00 08/14/2017 1,005,170.00 98.34 983,375.00 0.50% Aa3 / A+ 2.38 2.15% Due 5/18/2021 2.01% 1,003,275.59 2.88% 2,568.06 (19,900.59) A+ 2.29 857477AV5 State Street Bank Note 1,420,000.00 Various 1,403,476.60 97.19 1,380,132.08 0.70% Al / A 2.38 1.95% Due 5/19/2021 2.33% 1,407,637.34 3.18% 3,230.50 (27,505.26) AA- 2.30 594918BP8 Microsoft Callable Note Cont 7/8/21 1,225,000.00 Various 1,223,545.75 97.15 1,190,047.08 0.60% Aaa / AAA 2.61 1.55% Due 8/8/2021 1.57% 1,224,243.41 2.69% 7,542.26 (34,196.33) AA+ 2.51 68389XBK0 Oracle Corp Callable Note Cont 8/01/21 2,565,000.00 Various 2,507,672.07 97.02 2,488,580.95 1.26% Al / AA- 2.71 1.9% Due 9/15/2021 2.40% 2,532,268.11 3.05% 14,349.75 (43,687.16) A 2.59 24422ETL3 John Deere Capital Corp Note 1,750,000.00 09/21/2017 1,777,457.50 98.09 1,716,533.00 0.88% A2 / A 3.02 2.65% Due 1/6/2022 2.26% 1,769,329.10 3.32% 22,543.40 (52,796.10) A 2.83 89236TDP7 Toyota Motor Credit Corp Note 2,000,000.00 Various 1,968,104.46 98.41 1,968,168.00 1.01% Aa3 / AA- 3.03 2.6% Due 1/11/2022 3.04% 1,974,781.11 3.16% 24,555.55 (6,613.11) A+ 2.85 91159HHP8 US Bancorp Callable Cont 12/23/2021 1,000,000.00 01/19/2017 998,280.00 98.48 984,805.00 0.50% Al / A+ 3.07 2.625% Due 1/24/2022 2.66% 998,945.96 3.15% 11,447.92 (14,140.96) AA- 2.88 Chandler Asset Management - CONFIDENTIAL Paee 8 Execution Time: 1/2/2019 8:31:04 PM City of Chino Hills Account#10150 Holdings Report As of December 31, 2018 CM CUSIP Security Description Par Value/Units Purchase Date Cost Value Mkt Price Market Value % of Port. Moody/S&P Maturity Book Yield Book Value Mkt YTM Accrued Int. Gain/Loss Fitch Duration US CORPORATE 674599CK9 Occidental Petroleum Callable Note Cont 3/15/2022 2.6% Due 4/15/2022 2,350,000.00 06/18/2018 2,293,929.00 3.27% 2,301,766.88 97.54 2,292,135.95 1.16% A3 / A 3.29 3.39% 12,898.89 (9,630.93) A 3.10 69353RFE3 PNC Bank Callable Note Cont 6/28/2022 2,365,000.00 07/25/2017 2,364,787.15 96.85 2,290,604.19 1.17% A2 / A 3.58 2.45% Due 7/28/2022 2.45% 2,364,848.00 3.39% 24,625.56 (74,243.81) A+ 3.35 44932HAC7 IBM Credit Corp Note 2,400,000.00 Various 2,354,504.00 95.28 2,286,679.20 1.16% Al / A 3.69 2.2% Due 9/8/2022 2.63% 2,364,390.39 3.58% 16,573.33 (77,711.19) A 3.47 48128BAB7 JP Morgan Chase & Co Callable Note 1X 2,400,000.00 Various 2,372,445.00 97.50 2,339,949.60 1.20% A2 / A- 4.04 1/15/2022 3.23% 2,377,239.32 3.64% 32,890.14 (37,289.72) AA- 3.48 2.972% Due 1/15/2023 084670BR8 Berkshire Hathaway Callable Note Cont 2,400,000.00 11/26/2018 2,328,216.00 98.17 2,356,020.00 1.20% Aa2 / AA 4.21 1/15/2023 3.51% 2,329,772.54 3.22% 19,433.33 26,247.46 A+ 3.90 2.75% Due 3/15/2023 037833AK6 Apple Inc Note 1,785,000.00 11/28/2018 1,702,515.15 96.69 1,725,971.84 0.87% Aa1 / AA+ 4.34 2.4% Due 5/3/2023 3.54% 1,704,149.52 3.22% 6,902.00 21,822.32 NR 4.06 02665WCJ8 American Honda Finance Note 755,000.00 07/11/2018 753,693.85 100.03 755,215.18 0.39% A2 / A+ 4.54 3.45% Due 7/14/2023 3.49% 753,814.87 3.44% 11,938.44 1,400.31 NR 4.10 69371RP59 Paccar Financial Corp Note 1,910,000.00 08/06/2018 1,909,216.90 100.75 1,924,261.97 0.98% Al / A+ 4.61 3.4% Due 8/9/2023 3.41% 1,909,279.08 3.22% 25,615.22 14,982.89 NR 4.18 02665WCQ2 American Honda Finance Note 1,870,000.00 10/03/2018 1,868,466.60 100.71 1,883,252.69 0.96% A2 / A+ 4.78 3.625% Due 10/10/2023 3.64% 1,868,536.30 3.46% 15,252.19 14,716.39 NR 4.32 57,419,630.63 56,770,637.95 28.85% Al / A+ 2.46 Total US Corporate 57,630,000.00 2.51% 57,360,231.30 3.15% 412,328.60 (589,593.35) A+ 2.31 US TREASURY 912828H52 US Treasury Note 2,400,000.00 Various 2,375,218.98 98.55 2,365,312.80 1.20% Aaa / AA+ 1.08 1.25% Due 1/31/2020 1.49% 2,394,003.31 2.61% 12,554.35 (28,690.51) AAA 1.06 912828J84 US Treasury Note 2,250,000.00 10/23/2015 2,252,204.80 98.53 2,216,952.00 1.12% Aaa / AA+ 1.25 1.375% Due 3/31/2020 1.35% 2,250,620.01 2.58% 7,904.36 (33,668.01) AAA 1.22 912828VF4 US Treasury Note 2,350,000.00 07/10/2015 2,323,478.58 98.39 2,312,087.45 1.17% Aaa / AA+ 1.42 1.375% Due 5/31/2020 1.62% 2,342,329.01 2.54% 2,840.66 (30,241.56) AAA 1.39 912828XM7 US Treasury Note 2,500,000.00 02/27/2017 2,504,695.88 98.58 2,464,550.00 1.25% Aaa / AA+ 1.58 1.625% Due 7/31/2020 1.57% 2,502,169.35 2.54% 17,000.68 (37,619.35) AAA 1.54 Chandler Asset Management - CONFIDENTIAL Paee 9 Execution Time: 1/2/2019 8:31:04 PM City of Chino Hills Account#10150 Holdings Report As of December 31, 2018 CM CUSIP Security Description Par Value/Units Purchase Date Book Yield Cost Value Book Value Mkt Price Mkt YTM Market Value Accrued Int. % of Port. Moody/S&P Maturity Gain/Loss Fitch Duration US TREASURY 912828L32 US Treasury Note 1.375% Due 8/31/2020 912828L99 US Treasury Note 1.375% Due 10/31/2020 912828N89 US Treasury Note 1.375% Due 1/31/2021 912828690 US Treasury Note 2% Due 2/28/2021 912828Q37 US Treasury Note 1.25% Due 3/31/2021 912828T34 US Treasury Note 1.125% Due 9/30/2021 912828F96 US Treasury Note 2% Due 10/31/2021 912828J43 US Treasury Note 1.75% Due 2/28/2022 912828XG0 US Treasury Note 2.125% Due 6/30/2022 912828L24 US Treasury Note 1.875% Due 8/31/2022 912828L57 US Treasury Note 1.75% Due 9/30/2022 912828N30 US Treasury Note 2.125% Due 12/31/2022 Total US Treasury TOTAL PORTFOLIO TOTAL MARKET VALUE PLUS ACCRUED 3,500,000.00 2,650,000.00 3,200,000.00 2,150,000.00 3,200,000.00 3,200,000.00 2,800,000.00 3,610,000.00 3,600,000.00 1,250,000.00 3,600,000.00 3,850,000.00 46,110,000.00 200,204,181.77 12/11/2017 1.91% 11/23/2015 1.71% Various 1.48% Various 1.55% Various 1.59% 11/09/2016 1.48% 01/27/2017 1.94% 03/13/2017 2.14% 08/15/2017 1.82% 09/26/2017 1.87% 10/17/2017 1.99% 01/25/2018 2.46% 1.78% 2.14% 3,451,054.69 3,470,031.47 2,608,499.12 2,634,601.17 3,186,303.70 3,193,283.73 2,194,878.31 2,170,236.30 3,155,350.56 3,176,334.50 3,145,885.73 3,169,592.93 2,807,337.51 2,804,372.90 3,544,721.85 3,568,403.65 3,651,058.94 3,636,642.97 1,250,541.30 1,250,402.59 3,560,062.50 3,569,781.80 3,790,144.53 3,801,450.56 45,801,436.98 45,934,256.25 199,259,890.30 199,476,963.64 98.11 2.54% 97.97 2.52% 97.71 2.51% 98.96 2.50% 97.34 2.47% 96.45 2.47% 98.71 2.47% 97.82 2.47% 98.81 2.48% 97.86 2.49% 97.36 2.49% 98.59 2.50% 2.51% 3,433,965.50 16,351.86 2,596,173.20 6,240.68 3,126,624.00 18,413.04 2,127,659.35 14,610.50 3,115,001.60 10, 219.78 3,086,374.40 9,197.80 2,764,014.40 9,591.16 3,531,312.83 21,465.54 3,557,250.00 211.33 1,223,242.50 7,963.57 3,504,938.40 16,096.15 3,795,707.30 226.00 45,221,165.73 170,887.46 1.74% (36,065.97) 1.31% (38,427.97) 1.59% (66,659.73) 1.08% (42,576.95) 1.58% (61,332.90) 1.56% (83,218.53) 1.40% (40,358.50) 1.79% (37,090.82) 1.79% (79,392.97) 0.62% (27,160.09) 1.78% (64,843.40) 1.92% (5,743.26) 22.90% (713,090.52) Aaa / AA+ 1.67 AAA 1.62 Aaa / AA+ 1.84 AAA 1.79 Aaa / AA+ 2.09 AAA 2.02 Aaa / AA+ 2.16 AAA 2.09 Aaa / AA+ 2.25 AAA 2.19 Aaa / AA+ 2.75 AAA 2.67 Aaa / AA+ 2.84 AAA 2.72 Aaa / AA+ 3.16 AAA 3.03 Aaa / AA+ 3.50 AAA 3.35 Aaa / AA+ 3.67 AAA 3.49 Aaa / AA+ 3.75 AAA 3.58 Aaa / AA+ 4.00 AAA 3.81 Aaa / AA+ 2.52 AAA 2.43 197,272,417.32 100.00% Aa1 / AA 2.76% 929,254.93 (2,204,546.32) AAA 198,201,672.25 2.58 2.32 Chandler Asset Management - CONFIDENTIAL Page 10 Execution Time: 1/2/2019 8:31:04 PM City of Chino Hills Account#10150 Transaction Ledger As of December 31, 2018 CM Transaction Type Settlement Date CUSIP Quantity Security Description Acq/Disp Price Yield Amount Interest Pur/Sold Total Amount Gain/Loss ACQUISITIONS Purchase 12/03/2018 31846V401 5,106.86 First American Govt Obligation MMKT 1.000 1.66% 5,106.86 0.00 5,106.86 Class-D 0.00 Purchase 12/05/2018 31846V401 7,875.00 First American Govt Obligation MMKT 1.000 1.66% 7,875.00 0.00 7,875.00 0.00 Class-D Purchase 12/09/2018 31846V401 34,375.00 First American Govt Obligation MMKT 1.000 1.66% 34,375.00 0.00 34,375.00 0.00 Class-D Purchase 12/11/2018 31846V401 15,890.63 First American Govt Obligation MMKT 1.000 1.66% 15,890.63 0.00 15,890.63 0.00 Class-D Purchase 12/12/2018 31846V401 21,875.00 First American Govt Obligation MMKT 1.000 1.66% 21,875.00 0.00 21,875.00 0.00 Class-D Purchase 12/13/2018 31846V401 10,676.25 First American Govt Obligation MMKT 1.000 1.66% 10,676.25 0.00 10,676.25 0.00 Class-D Purchase 12/13/2018 31846V401 1,095,000.00 First American Govt Obligation MMKT 1.000 1.66% 1,095,000.00 0.00 1,095,000.00 0.00 Class-D Purchase 12/14/2018 31846V401 19,800.00 First American Govt Obligation MMKT 1.000 1.66% 19,800.00 0.00 19,800.00 0.00 Class-D Purchase 12/17/2018 31846V401 2,774.38 First American Govt Obligation MMKT 1.000 1.66% 2,774.38 0.00 2,774.38 0.00 Class-D Purchase 12/17/2018 31846V401 1,058.33 First American Govt Obligation MMKT 1.000 1.66% 1,058.33 0.00 1,058.33 0.00 Class-D Purchase 12/17/2018 31846V401 3,150.00 First American Govt Obligation MMKT 1.000 1.66% 3,150.00 0.00 3,150.00 0.00 Class-D Purchase 12/17/2018 31846V401 116,037.65 First American Govt Obligation MMKT 1.000 1.66% 116,037.65 0.00 116,037.65 0.00 Class-D Purchase 12/17/2018 31846V401 1,736.58 First American Govt Obligation MMKT 1.000 1.66% 1,736.58 0.00 1,736.58 0.00 Class-D Purchase 12/17/2018 31846V401 1,374.33 First American Govt Obligation MMKT 1.000 1.66% 1,374.33 0.00 1,374.33 0.00 Class-D Purchase 12/17/2018 31846V401 4,902.33 First American Govt Obligation MMKT 1.000 1.66% 4,902.33 0.00 4,902.33 0.00 Class-D Purchase 12/17/2018 31846V401 44,074.99 First American Govt Obligation MMKT 1.000 1.66% 44,074.99 0.00 44,074.99 0.00 Class-D Chandler Asset Management - CONFIDENTIAL Page 11 Execution Time: 1/2/2019 8:31:04 PM City of Chino Hills Account#10150 Transaction Ledger As of December 31, 2018 CM Transaction Settlement Type Date CUSIP Quantity Security Description Acq/Disp Price Yield Amount Interest Pur/Sold Total Amount Gain/Loss ACQUISITIONS Purchase 12/17/2018 31846V401 45,178.70 First American Govt Obligation MMKT 1.000 1.66% 45,178.70 0.00 45,178.70 0.00 Class-D Purchase 12/17/2018 31846V401 117,195.69 First American Govt Obligation MMKT 1.000 1.66% 117,195.69 0.00 117,195.69 0.00 Class-D Purchase 12/17/2018 31846V401 107,390.24 First American Govt Obligation MMKT 1.000 1.66% 107,390.24 0.00 107,390.24 0.00 Class-D Purchase 12/17/2018 31846V401 185,636.91 First American Govt Obligation MMKT 1.000 1.66% 185,636.91 0.00 185,636.91 0.00 Class-D Purchase 12/19/2018 31846V401 53,854.17 First American Govt Obligation MMKT 1.000 1.66% 53,854.17 0.00 53,854.17 0.00 Class-D Purchase 12/21/2018 31846V401 4,130.00 First American Govt Obligation MMKT 1.000 1.66% 4,130.00 0.00 4,130.00 0.00 Class-D Purchase 12/22/2018 31846V401 19,687.50 First American Govt Obligation MMKT 1.000 1.66% 19,687.50 0.00 19,687.50 0.00 Class-D Purchase 12/23/2018 31846V401 24,612.50 First American Govt Obligation MMKT 1.000 1.66% 24,612.50 0.00 24,612.50 0.00 Class-D Purchase 12/25/2018 31846V401 7,921.06 First American Govt Obligation MMKT 1.000 1.66% 7,921.06 0.00 7,921.06 0.00 Class-D Purchase 12/26/2018 31846V401 9,121.75 First American Govt Obligation MMKT 1.000 1.66% 9,121.75 0.00 9,121.75 0.00 Class-D Purchase 12/31/2018 3137BFDQ1 2,500,000.00 FHLMC K717 A2 100.063 2.81% 2,501,562.50 6,231.25 2,507,793.75 0.00 2.991% Due 9/25/2021 Purchase 12/31/2018 31846V401 79,156.25 First American Govt Obligation MMKT 1.000 1.90% 79,156.25 0.00 79,156.25 0.00 Class-D Subtotal 4,539,592.10 4,541,154.60 6,231.25 4,547,385.85 0.00 TOTAL ACQUISITIONS 4,539,592.10 4,541,154.60 6,231.25 4,547,385.85 0.00 Chandler Asset Management - CONFIDENTIAL Page 12 Execution Time: 1/2/2019 8:31:04 PM City of Chino Hills Account#10150 Transaction Ledger As of December 31, 2018 CM Transaction Settlement Type Date CUSIP Quantity Security Description Acq/Disp Price Yield Amount Interest Pur/Sold Total Amount Gain/Loss DISPOSITIONS Sale Subtotal 12/31/2018 31846V401 2,507,793.75 First American Govt Obligation MMKT 1.000 1.90% 2,507,793.75 Class-D 2,507,793.75 0.00 2,507,793.75 2,507,793.75 0.00 0.00 2,507,793.75 0.00 Paydown 12/17/2018 02587AAJ3 0.00 American Express Credit 2017-1 100.000 0.00 2,774.38 2,774.38 0.00 1.93% Due 9/15/2022 Paydown 12/17/2018 161571HF4 0.00 Chase CHAIT 2016-A5 100.000 0.00 1,058.33 1,058.33 0.00 1.27% Due 7/15/2021 Paydown 12/17/2018 43811BAC8 0.00 Honda Auto Receivables 2017-2 A3 100.000 0.00 3,150.00 3,150.00 0.00 1.68% Due 8/16/2021 Paydown 12/17/2018 47788BAB0 114,982.22 John Deere Owner Trust 2017-B A2A 100.000 114,982.22 1,055.43 116,037.65 0.00 1.59% Due 4/15/2020 Paydown 12/17/2018 47788BAD6 0.00 John Deere Owner Trust 2017-B A3 100.000 0.00 1,736.58 1,736.58 0.00 1.82% Due 10/15/2021 Paydown 12/17/2018 47788CAC6 0.00 John Deere Owner Trust 2016-B A4 100.000 0.00 1,374.33 1,374.33 0.00 2.66% Due 4/18/2022 Paydown 12/17/2018 47788EAC2 0.00 John Deere Owner Trust 2018-B A3 100.000 0.00 4,902.33 4,902.33 0.00 3.08% Due 11/15/2022 Paydown 12/17/2018 47788MAC4 43,816.64 John Deere Owner Trust 2016-A A3 100.000 43,816.64 258.35 44,074.99 0.00 1.36% Due 4/15/2020 Paydown 12/17/2018 654747AB0 45,072.69 Nissan Auto Receivables 2017-A A2A 100.000 45,072.69 106.01 45,178.70 0.00 1.47% Due 1/15/2020 Paydown 12/17/2018 65478VAD9 115,715.59 NAROT 2016-B A3 100.000 115,715.59 1,480.10 117,195.69 0.00 1.32% Due 1/15/2021 Paydown 12/17/2018 89237RAB4 106,211.28 Toyota Auto Receivable 2017-C A2A 100.000 106,211.28 1,178.96 107,390.24 0.00 1.58% Due 7/15/2020 Paydown 12/17/2018 89238BAB8 182,117.12 Toyota Auto Receivables Owner 2018-A 100.000 182,117.12 3,519.79 185,636.91 0.00 A2A 2.1% Due 10/15/2020 Paydown 12/21/2018 43815HAC1 0.00 Honda Auto Receivables Owner 2018-3 100.000 0.00 4,130.00 4,130.00 0.00 A3 2.95% Due 8/22/2022 Chandler Asset Management - CONFIDENTIAL Page 13 Execution Time: 1/2/2019 8:31:04 PM City of Chino Hills Account#10150 Transaction Ledger As of December 31, 2018 CM Transaction Settlement Type Date CUSIP Quantity Security Description c Price Aq/Disp Yield Amount Interest Pur/Sold Total Amount Gain/Loss DISPOSITIONS Paydown 12/26/2018 3137B5JM6 0.00 FHLMC K034 A2 3.531% Due 7/25/2023 100.000 0.00 9,121.75 9,121.75 0.00 Subtotal 607,915.54 607,915.54 35,846.34 643,761.88 0.00 Maturity 12/13/2018 24422ESF7 1,095,000.00 John Deere Capital Corp Note 100.000 1,095,000.00 0.00 1,095,000.00 0.00 1.95% Due 12/13/2018 Subtotal 1,095,000.00 1,095,000.00 0.00 1,095,000.00 0.00 Security Withdrawal Security Withdrawal 12/06/2018 31846V401 12/24/2018 31846V401 11,465.25 First American Govt Obligation MMKT 1.000 Class-D 104.17 First American Govt Obligation MMKT 1.000 Class-D 11,465.25 0.00 11,465.25 0.00 104.17 0.00 104.17 0.00 Subtotal 11,569.42 11,569.42 0.00 11,569.42 0.00 TOTAL DISPOSITIONS 4,222,278.71 4,222, 278.71 35,846.34 4,258,125.05 0.00 OTHER TRANSACTIONS Interest 12/05/2018 437076BQ4 875,000.00 Home Depot Note 0.000 7,875.00 0.00 7,875.00 0.00 1.8% Due 6/5/2020 Interest 12/09/2018 3130A3KM5 2,750,000.00 FHLB Note 0.000 34,375.00 0.00 34,375.00 0.00 2.5% Due 12/9/2022 Interest 12/11/2018 313379RB7 1,695,000.00 FHLB Note 0.000 15,890.63 0.00 15,890.63 0.00 1.875% Due 6/11/2021 Interest 12/12/2018 313383HU8 2,500,000.00 FHLB Note 0.000 21,875.00 0.00 21,875.00 0.00 1.75% Due 6/12/2020 Interest 12/13/2018 24422ESF7 1,095,000.00 John Deere Capital Corp Note 0.000 10,676.25 0.00 10,676.25 0.00 1.95% Due 12/13/2018 Interest 12/14/2018 92826CAB8 1,800,000.00 Visa Inc Note 0.000 19,800.00 0.00 19,800.00 0.00 2.2% Due 12/14/2020 Interest 12/19/2018 3137EAEN5 3,750,000.00 FHLMC Note 0.000 53,854.17 0.00 53,854.17 0.00 2.75% Due 6/19/2023 Chandler Asset Management - CONFIDENTIAL Page 14 Execution Time: 1/2/2019 8:31:04 PM City of Chino Hills Account#10150 Transaction Ledger As of December 31, 2018 CM I Transaction Type Settlement Date CUSIP Quantity Security Description Acq/Disp Price Yield Amount Interest Pur/Sold Total Amount Gain/Loss OTHER TRANSACTIONS Interest 12/22/2018 3135G0D75 2,625,000.00 Interest 12/23/2018 40434CAC9 2,200,000.00 Interest 12/25/2018 3137B7MZ9 2,695,000.00 Interest 12/31/2018 912828N30 3,850,000.00 Interest 12/31/2018 912828XG0 3,600,000.00 Subtotal 29,435,000.00 Dividend 12/03/2018 31846V401 FNMA Note 1.5% Due 6/22/2020 HSBC USA Inc Note 2.25% Due 6/23/2019 FHLMC K036 A2 3.527% Due 10/25/2023 US Treasury Note 2.125% Due 12/31/2022 US Treasury Note 2.125% Due 6/30/2022 623,559.51 First American Govt Obligation MMKT Class-D Subtotal 623,559.51 TOTAL OTHER TRANSACTIONS 30,058,559.51 0.000 0.000 0.000 0.000 0.000 0.000 19,687.50 24,612.50 7,921.06 40,906.25 38,250.00 295,723.36 5,106.86 5,106.86 300,830.22 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 19,687.50 24,612.50 7,921.06 40,906.25 38,250.00 295,723.36 5,106.86 5,106.86 300,830.22 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Chandler Asset Management - CONFIDENTIAL Page 15 Execution Time: 1/2/2019 8:31:04 PM 00074001 40-A-01-B-62-008-01 0102-40-00748-01 PARS/CITY OF CHINO HILLS 115P ACCOUNT 6746053100 ASSET SU M ASSETS Cash And Equivalents Mutual Funds -Equity Mutual Funds -Fixed Income Total Assets Accrued Income Grand Total 12/31/2018 MARKET 172,475.78 3,291,348.57 3,085,412.25 6,549,236.60 1,620.88 6,550,857.48 Estimated Annual Income 163,963.04 12/31/2018 % OF BOOK VALUE MARKET 172,475.78 3,314,706.94 3,110,119.21 6,597,301.93 1,620.88 6,598,922.81 2.64 50.24 47.10 99.98 0.02 100.00 MUTUAL FUNDS mbank Page 5 of 23 Period from December 1, 2018 to December 31, 2018 CASH EQUIV & ACCR 00074001 40-A-01-B-62-008-01 0102-40-00748-01 PARS/CITY OF CHINO HILLS 115P ACCOUNT 6746053100 ASS ET DETAIL DESCRIPTION SHARES/ FACE AMOUNT MARKET PRICE/UNIT mbank Page 6 of 23 Period from December 1, 2018 to December 31, 2018 UNREALIZED GAIN (LOSS) ADJ PRIOR MARKET / SINCE INCEPTION/ ADJ PRIOR MARKET ENDING ACCRUAL BOOK VALUE CURRENT PERIOD UNREALIZED GAIN/LOSS YIELD ON MARKET Cash And Equivalents Money Markets First Am Govt 170,352.060 170,352.06 170,352.06 .00 170,352.06 379.11 Ob Fd CI Z 1.0000 .00 .00 2.29 31846V567 Asset Minor Code 1 Total Money Markets 170,352.060 170,352.06 170,352.06 .00 170,352.06 379.11 .00 .00 2.28 Cash Cash 2,123.72 2,123.72 2,123.72 Total Cash .000 2,123.72 2,123.72 .00 2,123.72 .00 .00 .00 0.00 Total Cash And 170,352.060 172,475.78 172,475.78 .00 172,475.78 379.11 Equivalents .00 .00 2.25 Mutual Funds Mutual Funds -Equity (shares Core 3,853.000 S P 500 Etf 464287200 Asset Minor Code 94 (shares S P 2,195.000 500 Growth Etf 464287309 Asset Minor Code 94 (shares S P 4,343.000 500 Value Etf 464287408 Asset Minor Code 94 969,453.33 926,542.36 42,910.97 1,050,060.58 1,241.77 251.6100 - 98,276.18 - 80,607.25 2.21 330,720.65 298,324.10 32,396.55 356,531.56 .00 150.6700 - 31,031.48 - 25,810.91 1.28 439,251.02 462,904.17 - 23,653.15 477,189.46 .00 101.1400 - 46,779.44 - 37,938.44 2.74 00074001 40-A-01-B -62-008-01 0102-40-00748-01 PARS/CITY OF CHINO HILLS 115P ACCOUNT 6746053100 ASS ET'DETAIL (continuied) DESCRIPTION SHARES/ FACE AMOUNT (shares Msci 7,298.000 Eafe Etf 464287465 Asset Minor Code 94 (shares 5,596.000 Russell Mid Cap Etf 464287499 Asset Minor Code 94 (shares 2,911.000 Russell 2000 Value Etf 464287630 Asset Minor Code 94 (shares 1,474.000 Russell 2000 Growth Etf 464287648 Asset Minor Code 94 Vanguard Ftse 5,635.000 Emerging Markets Etf 922042858 Asset Minor Code 94 Vanguard Real 1,173.000 Estate Etf 922908553 Asset Minor Code 94 Total Mutual Funds -Equity Mutual Funds -Fixed Income MARKET PRICE/UNIT 428,976.44 58.7800 260,102.08 46.4800 313,048.94 107.5400 247,632.00 168.0000 214,693.50 38.1000 87,470.61 74.5700 34,478.000 3,291,348.57 (shares Core 21,342.000 U.S. Aggregate Bond Etf 464287226 Asset Minor Code 95 2,272,709.58 106.4900 Vanguard 77,845.083 812,702.67 Short Term Invt Grade #539 10.4400 922031836 Asset Minor Code 99 Total Mutual Funds -Fixed Income 99,187.083 3,085,412.25 BOOK VALUE 444,562.80 267,762.36 351,458.93 248, 298.03 221,107.18 93,747.01 3,314,706.94 mbank Page 7 of 23 Period from December 1, 2018 to December 31, 2018 UNREALIZED GAIN (LOSS) ADJ PRIOR MARKET / SINCE INCEPTION/ ADJ PRIOR MARKET ENDING ACCRUAL CURRENT PERIOD UNREALIZED GAIN/LOSS YIELD ON MARKET - 15,586.36 485,960.90 - 28,704.96 - 56,984.46 .00 3.39 - 7,660.28 294,928.64 .00 - 28,360.58 - 34,826.56 1.98 - 38,409.99 377,309.17 .00 - 42,162.88 - 64,260.23 1.99 - 666.03 293,922.99 .00 - 30,534.12 - 46,290.99 0.76 - 6,413.68 236,879.89 .00 - 8,935.09 - 22,186.39 2.88 - 6,276.40 95,376.53 .00 - 8,607.31 - 7,905.92 4.74 - 23,358.37 3,668,159.72 1,241.77 - 323,392.04 - 376,811.15 2.30 2,291,630.17 - 18,920.59 2,268,671.40 .00 35,389.20 4,038.18 2.71 818,489.04 - 5,786.37 812,360.54 .00 4,079.34 342.13 2.78 3,110,119.21 - 24,706.96 3,081,031.94 .00 39,468.54 4,380.31 2.73 00074001 40-A-01-B-62-008-01 0102-40-00748-01 PARS/CITY OF CHINO HILLS 115P ACCOUNT 6746053100 ASSET DETAI DESCRIPTION Total Mutual Funds Total Assets Accrued Income Grand Total L (continued) SHARES/ FACE AMOUNT BOOK VALUE 133,665.083 6,376,760.82 6,424,826.15 304,017.143 6,549,236.60 6,597,301.93 .000 1,620.88 1,620.88 304,017.143 ASSET DETAIL MESSAGES MARKET PRICE/UNIT 6,550,857.48 6,598,922.81 Time of trade execution and trading party (if not disclosed) will be provided upon request. mbank Page 8 of 23 Period from December 1, 2018 to December 31, 2018 UNREALIZED GAIN (LOSS) ADJ PRIOR MARKET / SINCE INCEPTION/ ADJ PRIOR MARKET ENDING ACCRUAL CURRENT PERIOD UNREALIZED GAIN/LOSS YIELD ON MARKET - 48,065.33 - 283,923.50 - 48,065.33 - 283,923.50 6,749,191.66 - 372,430.84 6,921,667.44 - 372,430.84 1,241.77 2.50 1,620.88 2.50 Publicly traded assets are valued in accordance with market quotations or valuation methodologies from financial industry services believed by us to be reliable. Assets that are not publicly traded may be reflected at values from other external sources. Assets for which a current value is not available may be reflected at a previous value or as not valued, at par value, or at a nominal value. Values shown do not necessarily reflect prices at which assets could be bought or sold. Values are updated based on internal policy and may be updated less frequently than statement generation. For further information, please contact your account manager or relationship manager. 00074001 40-A-01-B-62-008-01 0102-40-00748-01 PARS/CITY OF CHINO HILLS 115P ACCOUNT 6746053100 INCOME ACCRUAL DETAIL SHARES/ FACE AMOUNT DESCRIPTION Cash And Equivalents 170,352.060 First Am Govt Ob Fd CI Z 31846V567 EX PAY ANN DATE DATE RATE BEGINNING ACCRUAL mbank Page 9 of 23 Period from December 1, 2018 to December 31, 2018 INCOME EARNED INCOME RECEIVED ENDING ACCRUAL 0.02 357.04 379.11 357.04 379.11 01/02/19 Total Cash And Equivalents 357.04 379.11 357.04 379.11 Mutual Funds -Equity 3,853.000 (shares Core S P 500 Etf 5.55 .00 6,600.77 5,359.00 1,241.77 464287200 12/28/18 01/04/19 2,195.000 (shares S P 500 Growth Etf 1.93 .00 1,081.58 1,081.58 .00 464287309 12/17/18 12/21/18 4,343.000 (shares S P 500 Value Etf 2.78 .00 3,061.71 3,061.71 .00 464287408 12/17/18 12/21/18 7,298.000 (shares Msci Eafe Etf 1.99 .00 4,571.84 4,571.84 .00 464287465 12/18/18 12/24/18 5,596.000 (shares Russell Mid Cap Etf 0.92 .00 1,141.24 1,141.24 .00 464287499 12/17/18 12/21/18 2,911.000 (shares Russell 2000 Value Etf 2.14 .00 1,639.46 1,639.46 .00 464287630 12/17/18 12/21/18 1,474.000 (shares Russell 2000 Growth Etf 1.27 .00 486.97 486.97 .00 464287648 12/17/18 12/21/18 5,635.000 Vanguard Ftse Emerging Markets Etf 1.10 .00 1,460.03 1,460.03 .00 922042858 12/24/18 12/28/18 1,173.000 Vanguard Real Estate Etf 3.53 .00 1,093.71 1,093.71 .00 922908553 12/13/18 12/18/18 Total Mutual Funds -Equity .00 21,137.31 19,895.54 1,241.77 Mutual Funds -Fixed Income 00074001 40-A-01-B-62-008-01 0102-40-00748-01 PARS/CITY OF CHINO HILLS 115P ACCOUNT 6746053100 INCOME ACCRUAL D HHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH ETAIL (continued)' SHARES/ FACE AMOUNT DESCRIPTION EX PAY ANN DATE DATE RATE 21,342.000 !shares Core U.S. Aggregate Bond Etf 464287226 12/18/18 12/24/18 2.89 BEGINNING ACCRUAL mbank Page 10 of 23 Period from December 1, 2018 to December 31, 2018 INCOME EARNED .00 10,028.22 77,845.083 Vanguard Short Term Invt Grade #539 0.29 .00 2,123.72 922031836 11/30/18 12/31/18 Total Mutual Funds -Fixed Income Grand Total .00 12,151.94 357.04 33,668.36 INCOME RECEIVED 10,028.22 2,123.72 .00 12,151.94 .00 32,404.52 1,620.88 ENDING ACCRUAL .00 00074001 40-A-01-B-62-008-01 0102-40-00748-01 PARS/CITY OF CHINO HILLS 115P ACCOUNT 6746053100 INVESTIVI DATE Interest ENT ACTIVITY' DESCRIPTION First Am Govt Ob Fd CI Z 31846V567 12/03/2018 Interest From 11/1/18 To 11/30/18 Total Interest Dividends (shares Core S P 500 Etf 464287200 mbank Page 11 of 23 Period from December 1, 2018 to December 31, 2018 CASH 357.04 357.04 12/21/2018 1.442143 USD/Share On 3,716 Shares Due 12/21/18 5,359.00 (shares Core U.S. Aggregate Bond Etf 464287226 12/07/2018 0.251388 USD/Share On 21,754 Shares Due 12/7/18 5,468.69 12/24/2018 0.209595 USD/Share On 21,754 Shares Due 12/24/18 4,559.53 Total (shares Core U.S. Aggregate Bond Etf 10,028.22 (shares Msci Eafe Etf 464287465 12/24/2018 0.63799 USD/Share On 7,166 Shares Due 12/24/18 4,571.84 (shares Russell Mid Cap Etf 464287499 12/21/2018 0.214236 USD/Share On 5,327 Shares Due 12/21/18 1,141.24 (shares Russell 2000 Growth Etf 464287648 12/21/2018 0.358063 USD/Share On 1,360 Shares Due 12/21/18 486.97 (shares Russell 2000 Value Etf 464287630 00074001 40-A-01-B-62-008-01 0102-40-00748-01 PARS/CITY OF CHINO HILLS 115P ACCOUNT 6746053100 INVESTMENT ACTIVITY',(continued) DATE DESCRIPTION 12/21/2018 0.604521 USD/Share On 2,712 Shares Due 12/21/18 (shares S P 500 Growth Etf 464287309 12/21/2018 0.506119 USD/Share On 2,137 Shares Due 12/21/18 (shares S P 500 Value Etf 464287408 12/21/2018 0.738474 USD/Share On 4,146 Shares Due 12/21/18 mbank Page 12 of 23 Period from December 1, 2018 to December 31, 2018 CASH 1,639.46 1,081.58 3,061.71 Vanguard Ftse Emerging Markets Etf 922042858 12/28/2018 0.2591 USD/Share On 5,635 Shares Due 12/28/18 1,460.03 Vanguard Real Estate Etf 922908553 12/18/2018 0.9494 USD/Share On 1,152 Shares Due 12/18/18 1,093.71 Vanguard Short Term Invt Grade #539 922031836 12/01/2018 Dividend From 12/1/18 To 12/31/18 2,123.72 Total Dividends 32,047.48 00074001 40-A-01-B-62-008-01 0102-40-00748-01 PARS/CITY OF CHINO HILLS 115P ACCOUNT 6746053100 PLAN EXPENSES DATE DESCRIPTION Trust Fees Trust Fees 12/26/2018 Collected Charged For Period 11/01/2018 Thru 11/30/2018 Total Trust Fees Total Trust Fees Total Plan Expenses mbank Page 13 of 23 Period from December 1, 2018 to December 31, 2018 CASH - 1,791.13 -1,791.13 -1,791.13 - 1,791.13 00074001 40-A-01-B-62-008-01 0102-40-00748-01 PARS/CITY OF CHINO HILLS 115P ACCOUNT 6746053100 OTHER ACTI /IT`Yr DATE DESCRIPTION Transfers Out Transfer To Another Account 12/24/2018 Paid To # 6746050100 Per Dir Dtd 12/21/18 Total Transfer To Another Account Total Transfers Out Total Other Activity mbank lad Page 14 of 23 Period from December 1, 2018 to December 31, 2018 CASH - 1,417.78 - 1,417.78 - 1,417.78 - 1,417.78 00074001 40-A-01-B-62-008-01 0102-40-00748-01 PARS/CITY OF CHINO HILLS 115P ACCOUNT 6746053100 PURCHASES' DATE DESCRIPTION Cash And Equivalents 12/04/2018 Purchased 1,728.51 Units Of First Am Govt Ob Fd CI Z Trade Date 12/4/18 31846V567 12/07/2018 Purchased 5,468.69 Units Of First Am Govt Ob Fd CI Z Trade Date 12/7/18 31846V567 12/18/2018 Purchased 1,093.71 Units Of First Am Govt Ob Fd CI Z Trade Date 12/18/18 31846V567 12/19/2018 Purchased 15,679.35 Units Of First Am Govt Ob Fd CI Z Trade Date 12/19/18 31846V567 12/21/2018 Purchased 12,769.96 Units Of First Am Govt Ob Fd CI Z Trade Date 12/21/18 31846V567 12/24/2018 Purchased 9,131.37 Units Of First Am Govt Ob Fd CI Z Trade Date 12/24/18 31846V567 12/28/2018 Purchased 1,460.03 Units Of First Am Govt Ob Fd CI Z Trade Date 12/28/18 31846V567 SHARES/ FACE AMOUNT 1,728.510 5,468.690 1,093.710 15,679.350 12,769.960 9,131.370 1,460.030 mbank Page 15 of 23 Period from December 1, 2018 to December 31, 2018 COMMISSION .00 BOOK VALUE - 1,728.51 1,728.51 CASH .00 - 5,468.69 5,468.69 .00 - 1,093.71 1,093.71 .00 - 15,679.35 15,679.35 .00 - 12,769.96 12,769.96 .00 - 9,131.37 9,131.37 .00 - 1,460.03 1,460.03 00074001 40-A-01-B-62-008-01 0102-40-00748-01 PARS/CITY OF CHINO HILLS 115P ACCOUNT 6746053100 PURCHASES (continued) DATE DESCRIPTION Total First Am Govt Ob Fd CI Z Total Cash And Equivalents Mutual Funds -Equity 12/18/2018 Purchased 68 Shares Of Ishares Core S P 500 Etf Trade Date 12/18/18 Purchased Through J.P. Morgan Securities LLC 68 Shares At 258.0712 USD 464287200 12/21/2018 Purchased 69 Shares Of Ishares Core S P 500 Etf Trade Date 12/21/18 Purchased Through Goldman Sachs & Co. LLC 69 Shares At 248.23 USD 464287200 Total (shares Core S P 500 Etf 12/18/2018 Purchased 132 Shares Of Ishares Msci Eafe Etf Trade Date 12/18/18 Purchased Through J.P. Morgan Securities LLC 132 Shares At 59.5982 USD 464287465 Total (shares Msci Eafe Etf SHARES/ FACE AMOUNT 47,331.620 47,331.620 mbank Page 16 of 23 Period from December 1, 2018 to December 31, 2018 COMMISSION CASH BOOK VALUE .00 - 47,331.62 47,331.62 .00 - 47,331.62 47,331.62 68.000 2.38 69.000 2.42 137.000 4.80 132.000 4.62 132.000 4.62 - 17,551.22 17,551.22 - 17,130.29 17,130.29 - 34,681.51 - 7,871.58 34,681.51 7,871.58 - 7,871.58 7,871.58 00074001 40-A-01-B-62-008-01 0102-40-00748-01 PARS/CITY OF CHINO HILLS 115P ACCOUNT 6746053100 PURCHASES (continued) DATE DESCRIPTION 12/18/2018 Purchased 98 Shares Of (shares Russell Mid Cap Etf Trade Date 12/18/18 Purchased Through J.P. Morgan Securities LLC 98 Shares At 47.5994 USD 464287499 12/21/2018 Purchased 171 Shares Of (shares Russell Mid Cap Etf Trade Date 12/21/18 Purchased Through Goldman Sachs & Co. LLC 171 Shares At 45.9059 USD 464287499 SHARES/ FACE AMOUNT 98.000 mbank Page 17 of 23 Period from December 1, 2018 to December 31, 2018 COMMISSION 3.43 171.000 5.99 CASH - 4,668.17 BOOK VALUE 4,668.17 - 7,855.89 7,855.89 Total (shares Russell Mid Cap Etf 269.000 9.42 - 12,524.06 12,524.06 12/18/2018 Purchased 25 25.000 .88 - 4,312.29 4,312.29 Shares Of (shares Russell 2000 Growth Etf Trade Date 12/18/18 Purchased Through J.P. Morgan Securities LLC 25 Shares At 172.4564 USD 464287648 12/21/2018 Purchased 89 Shares Of (shares Russell 2000 Growth Etf Trade Date 12/21/18 Purchased Through Goldman Sachs & Co. LLC 89 Shares At 161.99 USD 464287648 Total (shares Russell 2000 Growth Etf 89.000 3.12 - 14,420.23 14,420.23 114.000 4.00 - 18,732.52 18,732.52 00074001 40-A-01-B-62-008-01 0102-40-00748-01 PARS/CITY OF CHINO HILLS 115P ACCOUNT 6746053100 PURCHASES (continued) DATE DESCRIPTION 12/18/2018 Purchased 50 Shares Of (shares Russell 2000 Value Etf Trade Date 12/18/18 Purchased Through J.P. Morgan Securities LLC 50 Shares At 111.4757 USD 464287630 12/21/2018 Purchased 149 Shares Of (shares Russell 2000 Value Etf Trade Date 12/21/18 Purchased Through Goldman Sachs & Co. LLC 149 Shares At 106.66 USD 464287630 SHARES/ FACE AMOUNT 50.000 mbank Page 18 of 23 Period from December 1, 2018 to December 31, 2018 COMMISSION 1.75 149.000 5.22 CASH - 5,575.54 BOOK VALUE 5,575.54 - 15,897.56 15,897.56 Total (shares Russell 2000 Value Etf 199.000 6.97 - 21,473.10 21,473.10 12/18/2018 Purchased 39 39.000 1.37 - 6,037.37 6,037.37 Shares Of (shares S P 500 Growth Etf Trade Date 12/18/18 Purchased Through J.P. Morgan Securities LLC 39 Shares At 154.7693 USD 464287309 12/21/2018 Purchased 19 19.000 .67 - 2,810.58 2,810.58 Shares Of (shares S P 500 Growth Etf Trade Date 12/21/18 Purchased Through Goldman Sachs & Co. LLC 19 Shares At 147.89 USD 464287309 Total (shares S P 500 Growth Etf 58.000 2.04 - 8,847.95 8,847.95 00074001 40-A-01-B-62-008-01 0102-40-00748-01 PARS/CITY OF CHINO HILLS 115P ACCOUNT 6746053100 PURCHASES (continued) DATE DESCRIPTION 12/18/2018 Purchased 76 Shares Of (shares S P 500 Value Etf Trade Date 12/18/18 Purchased Through J.P. Morgan Securities LLC 76 Shares At 103.2884 USD 464287408 12/21/2018 Purchased 121 Shares Of (shares S P 500 Value Etf Trade Date 12/21/18 Purchased Through Goldman Sachs & Co. LLC 121 Shares At 100.18 USD 464287408 Total (shares S P 500 Value Etf SHARES/ FACE AMOUNT 76.000 mbank Page 19 of 23 Period from December 1, 2018 to December 31, 2018 COMMISSION 2.66 121.000 4.24 CASH - 7,852.58 BOOK VALUE 7,852.58 - 12,126.02 12,126.02 197.000 6.90 - 19,978.60 19,978.60 12/18/2018 Purchased 105 105.000 3.68 - 4,067.89 4,067.89 Shares Of Vanguard Ftse Emerging Markets Etf Trade Date 12/18/18 Purchased Through J.P. Morgan Securities LLC 105 Shares At 38.7068 USD 922042858 Total Vanguard Ftse Emerging Markets Etf 12/18/2018 Purchased 21 Shares Of Vanguard Real Estate Etf Trade Date 12/18/18 Purchased Through J.P. Morgan Securities LLC 21 Shares At 77.9151 USD 922908553 Total Vanguard Real Estate Etf Total Mutual Funds -Equity 105.000 3.68 - 4,067.89 21.000 .74 - 1,636.96 4,067.89 1,636.96 21.000 .74-1,636.96 1,636.96 1,232.000 43.17 - 129,814.17 129,814.17 00074001 40-A-01-B-62-008-01 0102-40-00748-01 PARS/CITY OF CHINO HILLS 115P ACCOUNT 6746053100 PU RC HASES(continued) DATE DESCRIPTION Total Purchases SHARES/ FACE AMOUNT 48, 563.620 mbank Page 20 of 23 Period from December 1, 2018 to December 31, 2018 COMMISSION CASH BOOK VALUE 43.17 - 177,145.79 177,145.79 00074001 40-A-01-B-62-008-01 0102-40-00748-01 PARS/CITY OF CHINO HILLS 115P ACCOUNT 6746053100 SALES AND MATURITIES DATE DESCRIPTION Cash And Equivalents SHARES/ FACE AMOUNT 12/20/2018 Sold 16,018.15 Units Of First Am Govt Ob Fd CI Z Trade Date 12/20/18 31846V567 12/24/2018 Sold 1,417.78 Units Of First Am Govt Ob Fd CI Z Trade Date 12/24/18 31846V567 12/26/2018 Sold 65,691.42 Units Of First Am Govt Ob Fd CI Z Trade Date 12/26/18 31846V567 - 16,018.150 - 1,417.780 - 65,691.420 COMMISSION .00 .00 TRANSACTION PROCEEDS 16,018.15 1,417.78 mbank Page 21 of 23 Period from December 1, 2018 to December 31, 2018 BOOK VALUE - 16,018.15 - 1,417.78 .00 65,691.42 - 65,691.42 PRIOR MARKET / REALIZED PRIOR MARKET GAIN/LOSS REALIZED GAIN/LOSS .00 .00 .00 - 16,018.15 .00 - 1,417.78 .00 - 65,691.42 .00 Total First Am Govt Ob Fd - 83,127.350 .00 83,127.35 - 83,127.35 .00 - 83,127.35 .00 CI Z Total Cash And - 83,127.350 .00 83,127.35 - 83,127.35 .00 - 83,127.35 Equivalents .00 Mutual Funds -Equity 12/21/2018 Sold 166 - 166.000 Shares Of Vanguard Ftse Emerging Markets Etf Trade Date 12/21/18 Sold Through Goldman Sachs & Co. LLC Paid 5.81 USD Brokerage Paid 0.09 USD Sec Fee 166 Shares At 38.23 USD 922042858 Total Vanguard Ftse - 166.000 Emerging Markets Etf 5.81 6,340.28 - 6,513.54 - 173.26 5.81 6,340.28 - 6,513.54 -173.26 - 6,978.18 - 637.90 - 6,978.18 - 637.90 00074001 40-A-01-B-62-008-01 0102-40-00748-01 PARS/CITY OF CHINO HILLS 115P ACCOUNT 6746053100 SALES AND MATURITIES (continued) DATE DESCRIPTION SHARES/ FACE AMOUNT Total Mutual Funds -Equity - 166.000 Mutual Funds -Fixed Income 12/18/2018 Sold 412 - 412.000 Shares Of (shares Core U.S. Aggregate Bond Etf Trade Date 12/18/18 Sold Through J.P. Morgan Securities LLC Paid 14.42 USD Brokerage Paid 0.57 USD Sec Fee 412 Shares At 105.7535 USD 464287226 COMMISSION TRANSACTION PROCEEDS 5.81 6,340.28 mban k Page 22 of 23 Period from December 1, 2018 to December 31, 2018 BOOK VALUE PRIOR MARKET / REALIZED PRIOR MARKET GAIN/LOSS REALIZED GAIN/LOSS - 6,513.54 -173.26 - 6,978.18 - 637.90 14.42 43,555.45 - 44,239.14 - 683.69 - 43,795.92 - 240.47 Total (shares Core U.S. - 412.000 14.42 43,555.45 - 44,239.14 - 683.69 - 43,795.92 - 240.47 Aggregate Bond Etf 12/18/2018 Sold - 1,504.736 .00 15,679.35 - 15,821.29 - 141.94 - 15,702.83 1,504.736 Shares Of - 23.48 Vanguard Short Term Invt Grade #539 Trade Date 12/18/18 1,504.736 Shares At 10.42 USD 922031836 Total Vanguard Short Term Invt Grade #539 Total Mutual Funds -Fixed Income Total Sales And Maturities - 1,504.736 - 1,916.736 - 85,210.086 .00 15,679.35 - 15,821.29 14.42 59,234.80 - 60,060.43 20.23 148,702.43 - 149,701.32 -141.94 - 825.63 - 998.89 -15,702.83 - 23.48 - 59,498.75 - 263.95 - 149,604.28 - 901.85