Loading...
01-08-2019 CC Rpt 10 COUNCIL AGENDA STAFF REPORT Chino I IiEI� TO: HONORABLE MAYOR AND CITY COUNCIL DATE: JANUARY 8, 2019 MEMBERS FROM: CITY MANAGER ITEM NO: 10 SUBJECT: INVESTMENT REPORT FOR NOVEMBER 2018 RECOMMENDATION: Receive and file the Investment Report for the month ended November 30, 2018. BACKGROUND/ANALYSIS: The Investment Report presents the City's cash and investments for the month ended November 30, 2018. This report is in compliance with California Government Code Section 53646 regarding the reporting of detailed information on all securities, investments, and monies of the City, as well as reporting of the market value of the investments held. All of the investments contained within the portfolio are in full compliance with Government Code Section 53601 and the City's Investment Policy as to the types of investments allowed. The Fiscal Year 2018-19 Investment Policy was last revised and adopted by the City Council on May 8, 2018. As stated in the attached report, there are sufficient funds to meet the budgeted expenditures over the next six months. The City's Investment Policy has set primary goals of the portfolio management of safety, liquidity, and yield. The City currently utilizes Chandler Asset Management who uses an active investment management approach in which securities are purchased but not necessarily held to maturity, and may be actively traded based on market conditions and the City's investment goals. The City's cash flow requirements are evaluated on an ongoing basis with short-term needs accommodated through the City's pooled investment funds with the Los Angeles County Investment Pool (LACIP) and the State of California Local Agency Investment Fund (LAIF). On November 30, 2018, the City's investment portfolio had a market value of $218,894,075. ENVIRONMENTAL (CEQA) REVIEW: This proposed action is exempt from review under the California Environmental Quality Act (California Public Resources Code §§ 21000, et seq., "CEQA") and CEQA Guidelines (Title 14 California Code of Regulations §§ 15000, et seq.) because it does not involve any commitment to a specific project which could result in a potentially significant physical impact on the environment; and constitutes an organizational or administrative activity that will not result in direct or indirect physical changes in the environment. Accordingly, this action does not constitute a "project" that requires environmental review (see specifically 14 CCR § 15378(b)(4-5)). FISCAL IMPACT: None. 36/253 REVIEWED BY OTHERS: None. Respectfully Submitted, Recommended By: f � Konradt Bartlam Chiista Buhagiar City Manager Finance Director Attachments Investment Report for November 2018 37/253 Attachment No. 1 City of Chino Hills Investment Report For the Month Ended November 30, 2018 Interest/ Book %of Description Cost Value Market Value Yield Maturity Date Portfolio Cash and Cash Equivalents Citizens Business Bank-Checking $ 3,554,172 $ 3,554,172 0.00% n/a 1.62% Citizens Business Bank-Payroll - - 0.00% n/a 0.00% Citizens Business Bank-Certificate of Deposit 456,218 456,218 0.36% 4/29/2019 0.21% Citizens Business Bank-Credit Card - - 0.00% n/a 0.00% State of California Local Agency Investment Fund(LAIF) 1,094,766 1,092,715 2.21% n/a 0.50% Los Angeles County Investment Pool(LACIP)* 3,039,718 3,039,718 1.91% n/a 1.39% Investments-US Bank/Chandler Asset Management Asset-Backed Securities 15,598,578 15,581,415 2.47% See attached 7.12% Federal Agencies 67,173,640 65,735,777 1.81% See attached 30.03% Collateralized Mortgage Obligation 5,887,283 5,849,918 3.17% See attached 2.67% Money Market Funds 623,560 623,560 1.66% n/a 0.28% Supranational 5,340,925 5,330,140 2.83% See attached 2.44% US Corporate 58,520,128 57,491,589 2.50% See attached 26.26% US Treasury 45,801,437 44,807,162 1.78% See attached 20.47% Market Yield to %of Description Cost Value Market Value Maturity Maturity Date Portfolio Restricted Funds-Pension Stabilization Fund US Bank Money Markets 206,148 206,148 2.08% n/a 0.09% Cash 1,371 1,371 0.00% n/a 0.00% Mutual Funds-Equity 3,191,406 3,491,440 2.07% n/a 1.60% Mutual Funds-Fixed Income 3,170,180 3,106,004 2.62% n/a 1.42% Funds Held by Fiscal Agents US Bank First AmericanTreasury Obligations Fund Class D 1,132,782 1,132,782 1.70% n/a 0.52% US Bank N.A.Certificate of Deposit 232,056 232,056 2.02% 1/4/2019 0.11% US Bank N.A.Certificate of Deposit 7,161,890 7,161,890 2.30% 6/3/2019 3.27% (See Attached Supplemental) Total Investment Portfolio $ 222,186,258 $ 218,894,075 100.00% 1 Blended Yield of Cash and Investments* 2.13%I Benchmarks: LAIF 2.21% LACIP* 1.91% 6mo U.S.Treasury 2.52% 2yr U.S.Treasury 2.80% 5yr U.S.Treasury 2.84% To ensure timely submission of the Investment Report,the prior month's LACIP percentage yield is used. 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: REVIEWED BY: -nutu. AmTrm Toni Holle,Senior Account Technician Nicole Lugotoff,Accod ting(S rvisor APPROVE B • _ O Christa Buhagiar,Finance Director 38/253 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 $ 152,369 $ 152,369 1.70% n/a 0.07% 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 0.51% CHFA Water Revenue Bonds Series 2012 Acquisition Fund First American Treasury Obligations Fund Class D 479,139 479,139 1.70% n/a 0.22% CHFA Water Revenue Bonds Series 2012 Interest Account First American Treasury Obligations Fund Class D 6 6 1.73% n/a 0.00% CHFA Water Revenue Bonds Series 2012 Principal Account First American Treasury Obligations Fund Class D 62 62 1.70% n/a 0.00% CHFA Revenue Bonds CFD#1 Rolling Ridge Bond Fund First American Treasury Obligations Fund Class D 45 45 1.70% 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 0.33% CHFA Revenue Bonds CFD#1 Rolling Ridge Reserve First American Treasury Obligations Fund Class D 9,514 9,514 1.70% n/a 0.00% CHFA Revenue Bonds CFD#2 Los Ranchos Bond Fund First American Treasury Obligations Fund Class D 435 435 1.70% n/a 0.00% 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 0.77% CHFA Revenue Bonds CFD#2 Los Ranchos Reserve First American Treasury Obligations Fund Class D 22,107 22,107 1.70% n/a 0.01% CHFA Revenue Bonds CFD#4 Oaks Area Bond Fund First American Treasury Obligations Fund Class D 179,057 179,057 1.70% n/a 0.08% CHFA Revenue Bonds CFD#5 Soquel Canyon Bond Fund First American Treasury Obligations Fund Class D 572 572 1.70% n/a 0.00% 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 0.91% CHFA Revenue Bonds CFD#5 Soquel Canyon Reserve First American Treasury Obligations Fund Class D 26,368 26,368 1.70% n/a 0.01% CFD#6(Carbon Canyon Area)Special Tax Series 2006 Bond Fund First American Treasury Obligations Fund Class D 47 47 1.71% n/a 0.00% 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% CFD#6(Carbon Canyon Area)Special Tax Series 2006 Reserve First American Treasury Obligations Fund Class D 16,020 16,020 1.72% n/a 0.01% CHFA Revenue Bonds CFD#8(Butterfield Area)Bond Fund First American Treasury Obligations Fund Class D 79,446 79,446 1.70% n/a 0.04% Reassessment District 10-1 LOIB Redemption First American Treasury Obligations Fund Class D 99 99 1.72% n/a 0.00% Reassessment District 10-1 LOIB Reserve First American Treasury Obligations Fund Class D 13,796 13,796 1.72% 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 0.11% CFD#9(Rincon Village Area)Special Tax Refunding Series 2011 Bond First American Treasury Obligations Fund Class D 6,360 6,360 1.70% 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 1.69% n/a 0.00% CFD#9(Rincon Village Area)Special Tax Refunding Series 2011 Principal First American Treasury Obligations Fund Class D 167 167 1.70% n/a 0.00% CFD#10(Fairfield Ranch)Special Tax Refunding Series 2010 Improvement First American Treasury Obligations Fund Class D 146,842 146,842 1.72% n/a 0.07% CFD#10(Fairfield Ranch)Special Tax Refunding Series 2010 Bond First American Treasury Obligations Fund Class D 86 86 1.70% n/a 0.00% CFD#10(Fairfield Ranch)Special Tax Refunding Series 2010 Interest First American Treasury Obligations Fund Class D 63 63 1.70% n/a 0.00% CFD#10(Fairfield Ranch)Special Tax Refunding Series 2010 Principal First American Treasury Obligations Fund Class D 170 170 1.70% 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 0.45% Total Funds Held by Fiscal Agents $ 8,526,728 $ 8,526,728 3.90% 39/253 J IP City of Chino Hills - Account #10150 MONTHLY ACCOUNT STATEMENT IVUVtIVItStK 1, Lida i nrwu n N OVEMBER 30, 2018 Chandler Team: For questions about your account, please call (800) 317-4747, or contact operations@chandlerasset.com Custodian US Bank Christopher Isles (503) 464-3685 CHANDLER ASSET MANAGEMENT chandlerassetcom Information contained herein is confidential. We urge you to compare this statement to the one you receive from your qualified custodian.Please see Important Disclosures. 40/253 City of Chino Hills Portfolio Summary CM Account#10150 As of November 30, 2018 PORTFOLIO CHARACTERISTICS ACCOUNT SUMMARY TOP ISSUERS Average Modified Duration 2.36 Beg.Values End Values Government of United States 22.9% as of 10/31/18 as of 11/30/18 Federal National Mortgage Assoc 16.7% Average Coupon 1.99% Market Value 194,655,581 195,419,561 Federal Home Loan Mortgage Corp 12.3% Average Purchase YTM 2.12% Accrued Interest 943,572 924,769 0 Total Market Value 195,599,153 196,344,330 Federal Home Loan Bank 7.7/0 Average Market YTM 3.03% Income Earned 334,007 339,115 John Deere ABS 2.4% Average S&P/Moody Rating AA/Aa1 Cont/WD -11,549 Honda ABS 2.0% Par 199,391,931 199,886,868 State Street Bank 1.6% Average Final Maturity 2.63 yrs Book Value 198,791,640 199,138,009 Toyota ABS 1.5% Average Life 2.49 yrs Cost Value 198,592,671 198,945,551 Total 67.0% SECTOR ALLOCATION MATURITY DISTRIBUTION CREDIT QUALITY(S&P) Agency 33.6% 35% 31.3% 30% US Corp 29.5% AA(65.1%) 24.3% 25% 21.5% US Treasury 22.9% 20/ 15.6% ABS 7.9% 15% BBB(0.5%) 10% AAA(5.8%) am' c 3.0% 4.0% 5% 2.5% SuprasI 2.7% . 0'9% . NR(9.3%) 0-.25 .25-.5 .5-1 1-2 2-3 3-4 4-5 5+ q(19.3%) Money Mkt Fd 0.3% Maturity(Yrs) PERFORMANCE REVIEW Annualized TOTAL RATE OF RETURN 1M 3M YTD 1YR 2YRS 3YRS SYRS 10YRS 2/28/2011 City of Chino Hills 0.39% 0.25% 0.51% 0.53% 0.82% 0.95% 1.00% N/A 1.05% ICE BAML 1-5 Yr US Treasury/Agency Index* 0.48% 0.33% 0.43% 0.43% 0.56% 0.68% 0.79% N/A 0.80% *ICE BAML 1-3 Yr US Treasury/Agency Index to 7/31/12 41/253 Chandler Asset Management-CONFIDENTIAL Page 1 Execution Time:12/4/2018 12:47:29 PM Statement of Compliance As of November 30, 2018 A City of Chino Hills 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, Complies 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 42/253 City of Chino Hills Reconciliation Summary Ci11 Account#10150 As of November 30, 2018 III BOOK VALUE RECONCILIATION Mr CASH TRANSACTION SUMMARY BEGINNING BOOK VALUE $198,791,640.04 BEGINNING BALANCE $100,927.02 Acquisition Acquisition +Security Purchases $4,819,699.15 Contributions $0.00 +Money Market Fund Purchases $5,371,120.55 Security Sale Proceeds $0.00 +Money Market Contributions $0.00 Accrued Interest Received $0.00 +Security Contributions $0.00 Interest Received $308,208.81 +Security Transfers $0.00 Dividend Received $965.83 Total Acquisitions $10,190,819.70 Principal on Maturities $4,160,000.00 Dispositions Interest on Maturities $49,250.66 -Security Sales $0.00 Calls/Redemption (Principal) $0.00 - Money Market Fund Sales $4,836,938.81 Interest from Calls/Redemption $0.00 - MMF Withdrawals $11,549.25 Principal Paydown $852,695.25 -Security Withdrawals $0.00 Total Acquisitions $5,371,120.55 -Security Transfers $0.00 Dispositions -Other Dispositions $0.00 Withdrawals $11,549.25 -Maturites $4,160,000.00 Security Purchase $4,819,699.15 -Calls $0.00 Accrued Interest Paid $17,239.66 -Principal Paydowns $852,695.25 Total Dispositions $4,848,488.06 Total Dispositions $9,861,183.31 ENDING BOOK VALUE ■ 11111 $623,559.51 Amortization/Accretion +/-Net Accretion $16,732.23 $16,732.23 Gain/Loss on Dispositions +/-Realized Gain/Loss $0.00 $0.00 ENDING BOOK VALUE $199,138,008.66 43/253 Chandler Asset Management-CONFIDENTIAL Page 3 Execution Time:12/4/2018 12:47:29 PM City of Chino Hills Holdings Report CM Account#10150 As of November 30, 2018 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 86,540.77 03/21/2017 86,540.32 99.92 86,472.08 0.04% Aaa/NR 1.13 1.47%Due 1/15/2020 1.47% 86,540.59 2.86% 56.54 (68.51) AAA 0.06 47788MAC4 John Deere Owner Trust 2016-A A3 227,955.40 02/23/2016 227,919.53 99.72 227,314.66 0.12% Aaa/NR 1.38 1.36%Due 4/15/2020 1.37% 227,943.46 2.77% 137.79 (628.80) AAA 0.20 47788BAB0 John Deere Owner Trust 2017-B A2A 796,551.12 Various 795,162.92 99.76 794,678.64 0.41% Aaa/NR 1.38 1.59%Due 4/15/2020 1.79% 795,742.61 2.87% 562.90 (1,063.97) AAA 0.18 89237RAB4 Toyota Auto Receivable 2017-C A2A 895,411.88 07/25/2017 895,403.37 99.54 891,331.40 0.45% Aaa/AAA 1.62 1.58%Due 7/15/2020 1.59% 895,407.21 3.01% 628.78 (4,075.81) NR 0.32 89238BAB8 Toyota Auto Receivables Owner 2018-A 2,011,306.47 01/23/2018 2,011,100.91 99.62 2,003,576.82 1.02% Aaa/AAA 1.88 A2A 2.12% 2,011,164.16 3.00% 1,877.22 (7,587.34) NR 0.43 2.1%Due 10/15/2020 65478VAD9 NAROT 2016-B A3 1,345,543.23 12/06/2017 1,337,006.90 99.22 1,334,996.85 0.68% Aaa/NR 2.13 1.32%Due 1/15/2021 1.73% 1,339,701.79 3.01% 197.35 (4,704.94) AAA 0.46 161571HF4 Chase CHAIT 2016-A5 1,000,000.00 09/27/2018 988,320.31 98.99 989,899.00 0.50% NR/AAA 2.62 1.27%Due 7/15/2021 2.11% 989,052.44 2.96% 564.44 846.56 AAA 0.60 43811BAC8 Honda Auto Receivables 2017-2 A3 2,250,000.00 04/27/2018 2,215,019.53 98.79 2,222,743.50 1.13% Aaa/AAA 2.71 1.68%Due 8/16/2021 2.62% 2,221,266.04 3.05% 1,680.00 1,477.46 NR 0.89 47788BAD6 John Deere Owner Trust 2017-B A3 1,145,000.00 Various 1,132,937.25 98.73 1,130,431.02 0.58% Aaa/NR 2.88 1.82%Due 10/15/2021 2.73% 1,134,700.06 3.06% 926.18 (4,269.04) AAA 1.03 47788CAC6 John Deere Owner Trust 2016-B A4 620,000.00 02/21/2018 619,955.42 99.33 615,828.02 0.31% Aaa/NR 3.38 2.66%Due 4/18/2022 2.68% 619,963.57 3.13% 732.98 (4,135.55) AAA 1.49 43815HAC1 Honda Auto Receivables Owner 2018-3 1,680,000.00 08/21/2018 1,679,769.50 99.70 1,674,879.36 0.85% Aaa/NR 3.73 A3 2.98% 1,679,784.55 3.12% 1,376.67 (4,905.19) AAA 1.97 2.95%Due 8/22/2022 02587AAJ3 American Express Credit 2017-1 1,725,000.00 Various 1,699,587.14 98.63 1,701,305.40 0.87% Aaa/NR 3.79 1.93%Due 9/15/2022 3.01% 1,701,077.00 3.12% 1,479.66 228.40 AAA 1.16 47788EAC2 John Deere Owner Trust 2018-B A3 1,910,000.00 07/18/2018 1,909,855.22 99.89 1,907,958.21 0.97% Aaa/NR 3.96 3.08%Due 11/15/2022 3.10% 1,909,867.09 3.16% 2,614.58 (1,908.88) AAA 1.86 15,598,578.32 15,581,414.96 7.94% Aaa/AAA 2.81 Total ABS 15,693,308.87 2.47% 15,612,210.57 3.05% 12,835.09 (30,795.61) AAA 0.99 44/253 Chandler Asset Management-CONFIDENTIAL Paee 4 Execution Time:12/4/2018 12:47:29 PM City of Chino Hills Holdings Report CM Account#10150 As of November 30, 2018 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 3135GOZG1 FNMA Note 1,300,000.00 10/07/2014 1,297,075.00 99.26 1,290,393.00 0.66% Aaa/AA+ 0.78 1.75%Due 9/12/2019 1.80% 1,299,536.88 2.71% 4,992.36 (9,143.88) AAA 0.77 3137EADM8 FHLMC Note 2,500,000.00 09/30/2015 2,494,100.00 98.76 2,469,005.00 1.26% Aaa/AA+ 0.84 1.25%Due 10/2/2019 1.31% 2,498,769.99 2.75% 5,121.53 (29,764.99) AAA 0.82 3137EAEE5 FHLMC Note 3,150,000.00 02/14/2017 3,140,487.00 98.61 3,106,328.40 1.59% Aaa/AA+ 1.13 1.5%Due 1/17/2020 1.61% 3,146,323.31 2.75% 17,587.50 (39,994.91) AAA 1.10 3135G0A78 FNMA Note 3,500,000.00 12/08/2017 3,481,485.00 98.72 3,455,133.50 1.77% Aaa/AA+ 1.14 1.625%Due 1/21/2020 1.88% 3,490,010.06 2.77% 20,538.19 (34,876.56) AAA 1.11 3137EADR7 FHLMC Note 2,550,000.00 Various 2,525,807.60 98.04 2,499,956.25 1.27% Aaa/AA+ 1.42 1.375%Due 5/1/2020 1.59% 2,542,610.84 2.79% 2,921.88 (42,654.59) AM 1.39 313383HU8 FHLB Note 2,500,000.00 09/15/2015 2,510,425.00 98.36 2,458,925.00 1.26% Aaa/AA+ 1.53 1.75%Due 6/12/2020 1.66% 2,503,366.59 2.85% 20,538.19 (44,441.59) NR 1.49 3135G0D75 FNMA Note 2,625,000.00 09/29/2015 2,626,417.50 98.03 2,573,416.12 1.32% Aaa/AA+ 1.56 1.5%Due 6/22/2020 1.49% 2,625,467.03 2.79% 17,390.63 (52,050.91) AAA 1.52 3137EAEK1 FHLMC Note 3,350,000.00 11/21/2017 3,341,319.58 98.11 3,286,788.85 1.68% Aaa/AA+ 1.97 1.875%Due 11/17/2020 1.96% 3,344,295.27 2.87% 2,442.71 (57,506.42) AAA 1.91 3135G0F73 FNMA Note 2,700,000.00 12/16/2015 2,648,970.00 97.38 2,629,152.00 1.34% Aaa/AA+ 2.00 1.5%Due 11/30/2020 1.90% 2,679,418.84 2.86% 112.50 (50,266.84) AAA 1.95 3130A7CV5 FHLB Note 2,235,000.00 02/17/2016 2,225,970.60 96.88 2,165,189.78 1.11% Aaa/AA+ 2.22 1.375%Due 2/18/2021 1.46% 2,230,996.82 2.84% 8,792.55 (65,807.04) AAA 2.15 3135G0J20 FNMA Note 3,500,000.00 Various 3,472,861.80 96.77 3,386,796.00 1.73% Aaa/AA+ 2.24 1.375%Due 2/26/2021 1.59% 3,483,795.23 2.88% 12,699.66 (96,999.23) AAA 2.17 3135GOK69 FNMA Note 2,875,000.00 Various 2,869,786.50 96.33 2,769,568.00 1.41% Aaa/AA+ 2.43 1.25%Due 5/6/2021 1.29% 2,872,431.84 2.82% 2,495.66 (102,863.84) AAA 2.37 313379RB7 FHLB Note 1,695,000.00 08/30/2017 1,707,780.30 97.39 1,650,743.55 0.85% Aaa/AA+ 2.53 1.875%Due 6/11/2021 1.67% 1,703,547.98 2.95% 15,007.81 (52,804.43) AAA 2.42 3130A8QS5 FHLB Note 2,800,000.00 07/22/2016 2,778,272.00 95.76 2,681,176.40 1.37% Aaa/AA+ 2.62 1.125%Due 7/14/2021 1.29% 2,788,555.39 2.81% 11,987.50 (107,378.99) AAA 2.54 3137EAEC9 FHLMC Note 3,200,000.00 09/26/2016 3,176,448.00 95.54 3,057,212.80 1.56% Aaa/AA+ 2.70 1.125%Due 8/12/2021 1.28% 3,186,967.01 2.85% 10,900.00 (129,754.21) AAA 2.62 3135G0N82 FNMA Note 3,200,000.00 09/28/2016 3,195,072.00 95.86 3,067,644.80 1.57% Aaa/AA+ 2.72 1.25%Due 8/17/2021 1.28% 3,197,263.76 2.84% 11,555.56 (129,618.96) AAA 2.63 45/253 Chandler Asset Management-CONFIDENTIAL Page 5 Execution Time:12/4/2018 12:47:29 PM City of Chino Hills Holdings Report CM Account#10150 As of November 30, 2018 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 3,375,000.00 02/27/2017 3,373,110.00 97.13 3,278,164.50 1.67% Aaa/AA+ 3.00 1.875%Due 11/29/2021 1.89% 3,373,808.27 2.88% 351.56 (95,643.77) AAA 2.89 3135GOS38 FNMA Note 3,400,000.00 Various 3,396,588.25 97.40 3,311,654.40 1.70% Aaa/AA+ 3.10 2%Due 1/5/2022 2.02% 3,397,863.51 2.88% 27,577.78 (86,209.11) AAA 2.95 3135GOT45 FNMA Note 3,485,000.00 06/19/2017 3,484,473.77 96.75 3,371,591.13 1.72% Aaa/AA+ 3.35 1.875%Due 4/5/2022 1.88% 3,484,632.84 2.90% 10,164.58 (113,041.71) AAA 3.20 3135GOT78 FNMA Note 3,500,000.00 12/08/2017 3,465,595.00 96.60 3,380,898.50 1.73% Aaa/AA+ 3.85 2%Due 10/5/2022 2.22% 3,472,538.59 2.94% 10,888.89 (91,640.09) AAA 3.65 3130A3KM5 FHLB Note 2,750,000.00 12/15/2017 2,782,010.00 98.26 2,702,092.25 1.39% Aaa/AA+ 4.03 2.5%Due 12/9/2022 2.25% 2,775,879.30 2.96% 32,847.22 (73,787.05) NR 3.75 3135GOT94 FNMA Note 3,500,000.00 04/11/2018 3,448,410.00 97.90 3,426,328.50 1.76% Aaa/AA+ 4.14 2.375%Due 1/19/2023 2.71% 3,455,306.43 2.92% 30,479.17 (28,977.93) AAA 3.87 3137EAEN5 FHLMC Note 3,750,000.00 07/20/2018 3,731,175.00 99.14 3,717,618.75 1.92% Aaa/AA+ 4.55 2.75%Due 6/19/2023 2.86% 3,732,551.16 2.95% 48,697.92 (14,932.41) AAA 4.19 67,173,639.90 65,735,777.48 33.65% Aaa/AA+ 2.54 Total Agency 67,440,000.00 1.81% 67,285,936.94 2.86% 326,091.35 (1,550,159.46) AAA 2.43 CMO 3137B5JM6 FHLMC K034 A2 3,100,000.00 08/28/2018 3,165,753.91 100.95 3,129,558.50 1.60% NR/NR 4.65 3.531%Due 7/25/2023 3.03% 3,162,372.49 3.27% 9,121.75 (32,813.99) AAA 4.15 3137B7MZ9 FHLMC K036 A2 2,695,000.00 10/29/2018 2,721,528.91 100.94 2,720,359.95 1.39% Aaa/NR 4.90 3.527%Due 10/25/2023 3.32% 2,721,071.01 3.28% 1,584.21 (711.06) AAA 4.32 5,887,282.82 5,849,918.45 2.98% Aaa/NR 4.77 Total CMO 5,795,000.00 3.17% 5,883,443.50 3.28% 10,705.96 (33,525.05) AAA 4.23 MONEY MARKET FUND Fl 31846V401 First American Govt Obligation MMKT 623,559.51 Various 623,559.51 1.00 623,559.51 0.32% Aaa/AAA 0.00 Class-D 1.66% 623,559.51 1.66% 0.00 0.00 AAA 0.00 623,559.51 623,559.51 0.32% Aaa/AAA 0.00 Total Money Market Fund Fl 623,559.51 1.66% 623,559.51 1.66% 0.00 0.00 AAA 0.00 46/253 Chandler Asset Management-CONFIDENTIAL Paee 6 Execution Time:12/4/2018 12:47:29 PM City of Chino Hills Holdings Report CM Account#10150 As of November 30, 2018 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 SUPRANATIONAL 45950KCM0 International Finance Corp Note 2,500,000.00 08/27/2018 2,468,725.00 98.64 2,465,997.50 1.27% Aaa/AAA 2.16 2.25%Due 1/25/2021 2.79% 2,472,065.74 2.91% 19,687.50 (6,068.24) NR 2.07 4581XOCZ9 Inter-American Dev Bank Note 3,000,000.00 08/21/2018 2,872,200.00 95.47 2,864,142.00 1.46% NR/NR 3.79 1.75%Due 9/14/2022 2.87% 2,880,817.67 3.02% 11,229.17 (16,675.67) AAA 3.61 5,340,925.00 5,330,139.50 2.73% Aaa/AAA 3.03 Total Supranational 5,500,000.00 2.83% 5,352,883.41 2.97% 30,916.67 (22,743.91) AAA 2.90 US CORPORATE 24422ESF7 John Deere Capital Corp Note 1,095,000.00 Various 1,100,497.65 99.98 1,094,762.39 0.56% A2/A 0.04 1.95%Due 12/13/2018 1.78% 1,095,059.37 2.53% 9,964.50 (296.98) A 0.04 36962G7G3 General Electric Capital Corp Note 1,000,000.00 09/10/2015 1,011,900.00 99.77 997,738.00 0.51% Baal/BBB+ 0.12 2.3%Due 1/14/2019 1.93% 1,000,430.24 4.12% 8,752.78 (2,692.24) BBB+ 0.12 17275RAR3 Cisco Systems Note 2,230,000.00 Various 2,256,499.90 99.84 2,226,498.90 1.14% Al/AA- 0.25 2.125%Due 3/1/2019 1.67% 2,232,460.74 2.74% 11,846.88 (5,961.84) NR 0.25 91159HHH6 US Bancorp Callable Note Cont 1,700,000.00 Various 1,712,152.45 99.67 1,694,432.51 0.86% Al/A+ 0.40 3/25/2019 1.95% 1,701,259.06 3.02% 3,740.00 (6,826.55) AA- 0.40 2.2%Due 4/25/2019 40434CAC9 HSBC USA Inc Note 2,200,000.00 06/20/2017 2,211,242.00 99.49 2,188,846.00 1.13% A2/A 0.56 2.25%Due 6/23/2019 1.99% 2,203,141.60 3.16% 21,725.00 (14,295.60) AA- 0.55 06406HCW7 Bank of New York Callable Note Cont 1,815,000.00 Various 1,822,288.25 99.40 1,804,086.41 0.92% Al/A 0.78 8/11/2019 2.19% 1,816,292.70 3.08% 9,276.67 (12,206.29) AA- 0.76 2.3%Due 9/11/2019 94974BGF1 Wells Fargo Corp Note 2,025,000.00 Various 2,024,153.60 98.68 1,998,217.35 1.03% A2/A- 1.17 2.15%Due 1/30/2020 2.15% 2,025,018.74 3.31% 14,633.44 (26,801.39) A+ 1.13 22160KAG0 Costco Wholesale Corp Note 900,000.00 02/05/2015 899,055.00 98.31 884,824.20 0.45% Aa3/A+ 1.21 1.75%Due 2/15/2020 1.77% 899,771.52 3.18% 4,637.50 (14,947.32) A+ 1.18 747525AD5 Qualcomm Inc Note 1,930,000.00 Various 1,918,856.25 98.36 1,898,425.20 0.97% A2/A- 1.47 2.25%Due 5/20/2020 2.36% 1,927,235.13 3.40% 1,326.88 (28,809.93) NR 1.43 437076BQ4 Home Depot Note 875,000.00 05/24/2017 874,492.50 98.05 857,915.63 0.44% A2/A 1.52 1.8%Due 6/5/2020 1.82% 874,744.40 3.13% 7,700.00 (16,828.77) A 1.46 857477AS2 State Street Bank Note 1,750,000.00 01/21/2016 1,778,420.00 98.58 1,725,228.75 0.89% Al/A 1.72 2.55%Due 8/18/2020 2.17% 1,760,678.82 3.40% 12,767.71 (35,450.07) AA- 1.65 47/253 Chandler Asset Management-CONFIDENTIAL Paee 7 Execution Time:12/4/2018 12:47:29 PM City of Chino Hills Holdings Report CM Account#10150 As of November 30, 2018 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 594918BG8 Microsoft Callable Note Cont.10/03/20 1,025,000.00 Various 1,025,086.50 98.24 1,006,983.58 0.51% Aaa/AAA 1.93 2%Due 11/3/2020 1.99% 1,025,089.54 2.95% 1,594.44 (18,105.96) AA+ 1.87 00440EAT4 Chubb INA Holdings Inc Callable Note 2,475,000.00 Various 2,484,922.25 98.03 2,426,227.65 1.24% A3/A 1.93 Cont 10/3/2020 2.18% 2,480,099.51 3.37% 4,427.50 (53,871.86) A 1.86 2.3%Due 11/3/2020 92826CAB8 Visa Inc Note 1,800,000.00 Various 1,845,865.00 98.18 1,767,306.60 0.91% Al/AA- 2.04 2.2%Due 12/14/2020 1.60% 1,821,002.05 3.13% 18,370.00 (53,695.45) NR 1.95 78012KKU0 Royal Bank of Canada Note 2,525,000.00 12/11/2017 2,534,569.75 98.26 2,481,143.28 1.28% Aa2/AA- 2.14 2.5%Due 1/19/2021 2.37% 2,531,588.18 3.35% 23,145.83 (50,444.90) AA 2.04 30231GAV4 Exxon Mobil Corp Callable Note Cont 1,795,000.00 Various 1,815,422.45 97.73 1,754,174.52 0.90% Aaa/AA+ 2.25 2/1/2021 1.97% 1,804,597.50 3.28% 9,971.23 (50,422.98) NR 2.16 2.222%Due 3/1/2021 3695506E7 General Dynamics Corp Note 2,390,000.00 Various 2,373,224.70 99.42 2,376,185.80 1.21% A2/A+ 2.45 3%Due 5/11/2021 3.25% 2,376,281.13 3.25% 3,983.34 (95.33) NR 2.34 22160KAJ4 Costco Wholesale Corp Note 1,000,000.00 08/14/2017 1,005,170.00 97.55 975,462.00 0.50% Aa3/A+ 2.47 2.15%Due 5/18/2021 2.01% 1,003,392.58 3.19% 776.39 (27,930.58) A+ 2.38 857477AV5 State Street Bank Note 1,420,000.00 Various 1,403,476.60 96.54 1,370,876.52 0.70% Al/A 2.47 1.95%Due 5/19/2021 2.33% 1,407,196.32 3.42% 923.00 (36,319.80) AA- 2.38 594918BP8 Microsoft Callable Note Cont 7/8/21 1,225,000.00 Various 1,223,545.75 96.12 1,177,498.18 0.60% Aaa/AAA 2.69 1.55%Due 8/8/2021 1.57% 1,224,218.72 3.06% 5,959.97 (46,720.54) AA+ 2.59 68389XBK0 Oracle Corp Callable Note Cont 8/01/21 2,565,000.00 Various 2,507,672.07 96.13 2,465,837.10 1.26% Al/AA- 2.79 1.9%Due 9/15/2021 2.40% 2,531,241.10 3.36% 10,288.50 (65,404.00) A 2.68 24422ETL3 John Deere Capital Corp Note 1,750,000.00 09/21/2017 1,777,457.50 97.43 1,705,077.50 0.88% A2/A 3.10 2.65%Due 1/6/2022 2.26% 1,769,873.33 3.53% 18,678.82 (64,795.83) A 2.91 89236TDP7 Toyota Motor Credit Corp Note 2,000,000.00 Various 1,968,104.46 97.78 1,955,572.00 1.01% Aa3/AA- 3.12 2.6%Due 1/11/2022 3.04% 1,974,074.25 3.36% 20,222.22 (18,502.25) A+ 2.93 91159HHP8 US Bancorp Callable Cont 12/23/2021 1,000,000.00 01/19/2017 998,280.00 97.57 975,666.00 0.50% Al/A+ 3.15 2.625%Due 1/24/2022 2.66% 998,916.76 3.45% 9,260.42 (23,250.76) AA- 2.96 674599CK9 Occidental Petroleum Callable Note 2,350,000.00 06/18/2018 2,293,929.00 96.69 2,272,203.25 1.16% A3/A 3.38 Cont 3/15/2022 3.27% 2,300,520.86 3.65% 7,807.22 (28,317.61) A 3.18 2.6%Due 4/15/2022 69353RFE3 PNC Bank Callable Note Cont 6/28/2022 2,365,000.00 07/25/2017 2,364,787.15 95.78 2,265,277.41 1.16% A2/A 3.66 2.45%Due 7/28/2022 2.45% 2,364,844.38 3.69% 19,797.02 (99,566.97) A+ 3.43 48/253 Chandler Asset Management-CONFIDENTIAL Page 8 Execution Time:12/4/2018 12:47:29 PM City of Chino Hills Holdings Report CM Account#10150 As of November 30, 2018 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 44932HAC7 IBM Credit Corp Note 2,400,000.00 Various 2,354,504.00 94.47 2,267,354.40 1.16% Al/A 3.78 2.2%Due 9/8/2022 2.63% 2,363,570.27 3.79% 12,173.33 (96,215.87) A 3.55 48128BAB7 JP Morgan Chase&Co Callable Note 1X 2,400,000.00 Various 2,372,445.00 96.75 2,322,115.20 1.20% A2/A- 4.13 1/15/2022 3.23% 2,376,760.95 3.83% 26,946.14 (54,645.75) AA- 3.79 2.972%Due 1/15/2023 084670BR8 Berkshire Hathaway Callable Note Cont 2,400,000.00 11/26/2018 2,328,216.00 96.88 2,325,079.20 1.19% Aa2/AA 4.29 1/15/2023 3.51% 2,328,353.34 3.54% 13,933.33 (3,274.14) A+ 3.98 2.75%Due 3/15/2023 037833AK6 Apple Inc Note 1,785,000.00 11/28/2018 1,702,515.15 95.34 1,701,744.03 0.87% Aa1/AA+ 4.42 2.4%Due 5/3/2023 3.54% 1,702,566.22 3.55% 3,332.00 (822.19) NR 4.14 02665WCJ8 American Honda Finance Note 755,000.00 07/11/2018 753,693.85 99.45 750,876.95 0.39% A2/A+ 4.62 3.45%Due 7/14/2023 3.49% 753,792.67 3.58% 9,767.81 (2,915.72) NR 4.18 69371RP59 Paccar Financial Corp Note 1,910,000.00 08/06/2018 1,909,216.90 100.08 1,911,451.60 0.98% Al/A+ 4.69 3.4%Due 8/9/2023 3.41% 1,909,265.79 3.38% 20,203.56 2,185.81 NR 4.26 02665WCQ2 American Honda Finance Note 1,870,000.00 10/03/2018 1,868,466.60 99.81 1,866,501.23 0.96% A2/A+ 4.86 3.625%Due 10/10/2023 3.64% 1,868,510.27 3.67% 9,603.23 (2,009.04) NR 4.40 58,520,128.28 57,491,589.34 29.46% Al/A+ 2.49 Total US Corporate 58,725,000.00 2.50% 58,451,848.04 3.37% 357,536.66 (960,258.70) A+ 2.35 US TREASURY 912828H52 US Treasury Note 2,400,000.00 Various 2,375,218.98 98.27 2,358,468.00 1.21% Aaa/AA+ 1.17 1.25%Due 1/31/2020 1.49% 2,393,532.69 2.76% 10,027.17 (35,064.69) AAA 1.14 912828J84 US Treasury Note 2,250,000.00 10/23/2015 2,252,204.80 98.15 2,208,339.00 1.13% Aaa/AA+ 1.33 1.375%Due 3/31/2020 1.35% 2,250,662.26 2.80% 5,269.57 (42,323.26) AAA 1.30 912828VF4 US Treasury Note 2,350,000.00 07/10/2015 2,323,478.58 97.90 2,300,704.05 1.17% Aaa/AA+ 1.50 1.375%Due 5/31/2020 1.62% 2,341,868.15 2.81% 88.77 (41,164.10) AAA 1.47 912828XM7 US Treasury Note 2,500,000.00 02/27/2017 2,504,695.88 98.06 2,451,562.50 1.26% Aaa/AA+ 1.67 1.625%Due 7/31/2020 1.57% 2,502,285.90 2.82% 13,578.46 (50,723.40) AAA 1.62 912828L32 US Treasury Note 3,500,000.00 12/11/2017 3,451,054.69 97.54 3,414,005.00 1.75% Aaa/AA+ 1.75 1.375%Due 8/31/2020 1.91% 3,468,503.47 2.82% 12,230.66 (54,498.47) AAA 1.70 912828L99 US Treasury Note 2,650,000.00 11/23/2015 2,608,499.12 97.30 2,578,574.55 1.31% Aaa/AA+ 1.92 1.375%Due 10/31/2020 1.71% 2,633,887.62 2.83% 3,120.34 (55,313.07) AAA 1.87 49/253 Chandler Asset Management-CONFIDENTIAL Page 9 Execution Time:12/4/2018 12:47:29 PM City of Chino Hills Holdings Report CM Account#10150 As of November 30, 2018 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 TREASURY 912828N89 US Treasury Note 3,200,000.00 Various 3,186,303.70 96.98 3,103,251.20 1.59% Aaa/AA+ 2.17 1.375%Due 1/31/2021 1.48% 3,193,010.14 2.82% 14,706.52 (89,758.94) AAA 2.10 912828B90 US Treasury Note 2,150,000.00 Various 2,194,878.31 98.21 2,111,618.20 1.08% Aaa/AA+ 2.25 2%Due 2/28/2021 1.55% 2,171,031.39 2.82% 10,928.18 (59,413.19) AAA 2.17 912828Q37 US Treasury Note 3,200,000.00 Various 3,155,350.56 96.52 3,088,624.00 1.58% Aaa/AA+ 2.33 1.25%Due 3/31/2021 1.59% 3,175,439.82 2.80% 6,813.18 (86,815.82) AAA 2.27 912828T34 US Treasury Note 3,200,000.00 11/09/2016 3,145,885.73 95.43 3,053,625.60 1.56% Aaa/AA+ 2.84 1.125%Due 9/30/2021 1.48% 3,168,653.13 2.82% 6,131.87 (115,027.53) AAA 2.75 912828F96 US Treasury Note 2,800,000.00 01/27/2017 2,807,337.51 97.68 2,735,031.60 1.40% Aaa/AA+ 2.92 2%Due 10/31/2021 1.94% 2,804,504.00 2.83% 4,795.58 (69,472.40) AAA 2.80 912828J43 US Treasury Note 3,610,000.00 03/13/2017 3,544,721.85 96.63 3,488,162.50 1.78% Aaa/AA+ 3.25 1.75%Due 2/28/2022 2.14% 3,567,286.25 2.84% 16,055.52 (79,123.75) AAA 3.11 912828XG0 US Treasury Note 3,600,000.00 08/15/2017 3,651,058.94 97.52 3,510,842.40 1.80% Aaa/AA+ 3.58 2.125%Due 6/30/2022 1.82% 3,637,533.20 2.86% 32,013.59 (126,690.80) AAA 3.39 912828L24 US Treasury Note 1,250,000.00 09/26/2017 1,250,541.30 96.52 1,206,493.75 0.62% Aaa/AA+ 3.75 1.875%Due 8/31/2022 1.87% 1,250,411.92 2.86% 5,956.49 (43,918.17) AAA 3.57 912828L57 US Treasury Note 3,600,000.00 10/17/2017 3,560,062.50 96.00 3,456,140.40 1.77% Aaa/AA+ 3.84 1.75%Due 9/30/2022 1.99% 3,569,097.03 2.86% 10,730.77 (112,956.63) AAA 3.66 912828N30 US Treasury Note 3,850,000.00 01/25/2018 3,790,144.53 97.19 3,741,718.75 1.92% Aaa/AA+ 4.09 2.125%Due 12/31/2022 2.46% 3,800,419.72 2.86% 34,236.75 (58,700.97) AAA 3.84 45,801,436.98 44,807,161.50 22.92% Aaa/AA+ 2.60 Total US Treasury 46,110,000.00 1.78% 45,928,126.69 2.83% 186,683.42 (1,120,965.19) AAA 2.50 198,945,550.81 195,419,560.74 100.00% Aa1/AA 2.63 TOTAL PORTFOLIO 199,886,868.38 2.12% 199,138,008.66 3.03% 924,769.15 (3,718,447.92) AAA 2.36 TOTAL MARKET VALUE PLUS ACCRUED 196,344,329.89 50/253 Chandler Asset Management-CONFIDENTIAL Page 10 Execution Time:12/4/2018 12:47:29 PM City of Chino Hills Transaction Ledger CM Account#10150 As of November 30, 2018 Transaction Settlement Acq/Disp Interest Type Date CUSIP Quantity Security Description Price Yield Amount Pur/Sold Total Amount Gain/Loss ACQUISITIONS Purchase 11/01/2018 31846V401 17,531.25 First American Govt Obligation MMKT 1.000 1.62% 17,531.25 0.00 17,531.25 0.00 Class-D Purchase 11/01/2018 31846V401 965.83 First American Govt Obligation MMKT 1.000 1.62% 965.83 0.00 965.83 0.00 Class-D Purchase 11/03/2018 31846V401 38,712.50 First American Govt Obligation MMKT 1.000 1.62% 38,712.50 0.00 38,712.50 0.00 Class-D Purchase 11/06/2018 31846V401 17,968.75 First American Govt Obligation MMKT 1.000 1.62% 17,968.75 0.00 17,968.75 0.00 Class-D Purchase 11/07/2018 31846V401 8,750.00 First American Govt Obligation MMKT 1.000 1.62% 8,750.00 0.00 8,750.00 0.00 Class-D Purchase 11/07/2018 31846V401 4,209,250.66 First American Govt Obligation MMKT 1.000 1.62% 4,209,250.66 0.00 4,209,250.66 0.00 Class-D Purchase 11/11/2018 31846V401 35,850.00 First American Govt Obligation MMKT 1.000 1.62% 35,850.00 0.00 35,850.00 0.00 Class-D Purchase 11/15/2018 31846V401 1,487.71 First American Govt Obligation MMKT 1.000 1.62% 1,487.71 0.00 1,487.71 0.00 Class-D Purchase 11/15/2018 31846V401 1,058.33 First American Govt Obligation MMKT 1.000 1.62% 1,058.33 0.00 1,058.33 0.00 Class-D Purchase 11/15/2018 31846V401 3,150.00 First American Govt Obligation MMKT 1.000 1.62% 3,150.00 0.00 3,150.00 0.00 Class-D Purchase 11/15/2018 31846V401 44,787.71 First American Govt Obligation MMKT 1.000 1.62% 44,787.71 0.00 44,787.71 0.00 Class-D Purchase 11/15/2018 31846V401 198,575.27 First American Govt Obligation MMKT 1.000 1.62% 198,575.27 0.00 198,575.27 0.00 Class-D Purchase 11/15/2018 31846V401 1,736.58 First American Govt Obligation MMKT 1.000 1.62% 1,736.58 0.00 1,736.58 0.00 Class-D Purchase 11/15/2018 31846V401 1,374.33 First American Govt Obligation MMKT 1.000 1.62% 1,374.33 0.00 1,374.33 0.00 Class-D Purchase 11/15/2018 31846V401 4,902.33 First American Govt Obligation MMKT 1.000 1.62% 4,902.33 0.00 4,902.33 0.00 Class-D Purchase 11/15/2018 31846V401 63,350.64 First American Govt Obligation MMKT 1.000 1.62% 63,350.64 0.00 63,350.64 0.00 Class-D 51/253 Chandler Asset Management-CONFIDENTIAL Page 11 Execution Time:12/4/2018 12:47:29 PM City of Chino Hills Transaction Ledger CM Account#10150 As of November 30, 2018 Transaction Settlement Acq/Disp Interest Type Date CUSIP Quantity Security Description Price Yield Amount Pur/Sold Total Amount Gain/Loss ACQUISITIONS Purchase 11/15/2018 31846V401 51,201.09 First American Govt Obligation MMKT 1.000 1.62% 51,201.09 0.00 51,201.09 0.00 Class-D Purchase 11/15/2018 31846V401 134,295.16 First American Govt Obligation MMKT 1.000 1.62% 134,295.16 0.00 134,295.16 0.00 Class-D Purchase 11/15/2018 31846V401 118,362.61 First American Govt Obligation MMKT 1.000 1.62% 118,362.61 0.00 118,362.61 0.00 Class-D Purchase 11/15/2018 31846V401 200,604.35 First American Govt Obligation MMKT 1.000 1.62% 200,604.35 0.00 200,604.35 0.00 Class-D Purchase 11/15/2018 31846V401 50,272.01 First American Govt Obligation MMKT 1.000 1.62% 50,272.01 0.00 50,272.01 0.00 Class-D Purchase 11/17/2018 31846V401 31,406.25 First American Govt Obligation MMKT 1.000 1.62% 31,406.25 0.00 31,406.25 0.00 Class-D Purchase 11/18/2018 31846V401 10,750.00 First American Govt Obligation MMKT 1.000 1.62% 10,750.00 0.00 10,750.00 0.00 Class-D Purchase 11/19/2018 31846V401 13,845.00 First American Govt Obligation MMKT 1.000 1.62% 13,845.00 0.00 13,845.00 0.00 Class-D Purchase 11/20/2018 31846V401 21,712.50 First American Govt Obligation MMKT 1.000 1.62% 21,712.50 0.00 21,712.50 0.00 Class-D Purchase 11/21/2018 31846V401 4,130.00 First American Govt Obligation MMKT 1.000 1.62% 4,130.00 0.00 4,130.00 0.00 Class-D Purchase 11/25/2018 31846V401 7,921.06 First American Govt Obligation MMKT 1.000 1.62% 7,921.06 0.00 7,921.06 0.00 Class-D Purchase 11/26/2018 31846V401 9,121.75 First American Govt Obligation MMKT 1.000 1.62% 9,121.75 0.00 9,121.75 0.00 Class-D Purchase 11/28/2018 084670BR8 2,400,000.00 Berkshire Hathaway Callable Note Cont 97.009 3.51% 2,328,216.00 13,383.33 2,341,599.33 0.00 1/15/2023 2.75%Due 3/15/2023 Purchase 11/29/2018 31846V401 31,640.63 First American Govt Obligation MMKT 1.000 1.62% 31,640.63 0.00 31,640.63 0.00 Class-D 52/253 Chandler Asset Management-CONFIDENTIAL Paee 12 Execution Time:12/4/2018 12:47:29 PM City of Chino Hills Transaction Ledger CM Account#10150 As of November 30, 2018 Transaction Settlement Acq/Disp Interest Type Date CUSIP Quantity Security Description Price Yield Amount Pur/Sold Total Amount Gain/Loss ACQUISITIONS Purchase 11/30/2018 02587AAJ3 800,000.00 American Express Credit 2017-1 98.621 3.11% 788,968.00 643.33 789,611.33 0.00 1.93%Due 9/15/2022 Purchase 11/30/2018 037833AK6 1,785,000.00 Apple Inc Note 95.379 3.54% 1,702,515.15 3,213.00 1,705,728.15 0.00 2.4%Due 5/3/2023 Purchase 11/30/2018 31846V401 36,406.25 First American Govt Obligation MMKT 1.000 1.66% 36,406.25 0.00 36,406.25 0.00 Class-D Subtotal 10,356,120.55 10,190,819.70 17,239.66 10,208,059.36 0.00 TOTAL ACQUISITIONS 10,356,120.55 10,190,819.70 17,239.66 10,208,059.36 0.00 DISPOSITIONS Sale 11/28/2018 31846V401 2,341,599.33 First American Govt Obligation MMKT 1.000 1.62% 2,341,599.33 0.00 2,341,599.33 0.00 Class-D Sale 11/30/2018 31846V401 1,705,728.15 First American Govt Obligation MMKT 1.000 1.66% 1,705,728.15 0.00 1,705,728.15 0.00 Class-D Sale 11/30/2018 31846V401 789,611.33 First American Govt Obligation MMKT 1.000 1.66% 789,611.33 0.00 789,611.33 0.00 Class-D Subtotal 4,836,938.81 4,836,938.81 0.00 4,836,938.81 0.00 Paydown 11/15/2018 02587AAJ3 0.00 American Express Credit 2017-1 100.000 0.00 1,487.71 1,487.71 0.00 1.93%Due 9/15/2022 Paydown 11/15/2018 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 11/15/2018 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 11/15/2018 47787XAB3 44,731.80 John Deere Owner Trust 2017-A A2 100.000 44,731.80 55.91 44,787.71 0.00 1.5%Due 10/15/2019 Paydown 11/15/2018 47788BAB0 197,258.47 John Deere Owner Trust 2017-B A2A 100.000 197,258.47 1,316.80 198,575.27 0.00 1.59%Due 4/15/2020 53/253 Chandler Asset Management-CONFIDENTIAL Page 13 Execution Time:12/4/2018 12:47:29 PM City of Chino Hills Transaction Ledger CM Account#10150 As of November 30, 2018 Transaction Settlement Acq/Disp Interest Type Date CUSIP Quantity Security Description Price Yield Amount Pur/Sold Total Amount Gain/Loss DISPOSITIONS Paydown 11/15/2018 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 11/15/2018 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 11/15/2018 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 11/15/2018 47788MAC4 63,020.87 John Deere Owner Trust 2016-A A3 100.000 63,020.87 329.77 63,350.64 0.00 1.36%Due 4/15/2020 Paydown 11/15/2018 654747AB0 51,032.56 Nissan Auto Receivables 2017-A A2A 100.000 51,032.56 168.53 51,201.09 0.00 1.47%Due 1/15/2020 Paydown 11/15/2018 65478VAD9 132,669.13 NAROT 2016-B A3 100.000 132,669.13 1,626.03 134,295.16 0.00 1.32%Due 1/15/2021 Paydown 11/15/2018 89237RAB4 117,029.56 Toyota Auto Receivable 2017-C A2A 100.000 117,029.56 1,333.05 118,362.61 0.00 1.58%Due 7/15/2020 Paydown 11/15/2018 89238BAB8 196,740.27 Toyota Auto Receivables Owner 2018-A 100.000 196,740.27 3,864.08 200,604.35 0.00 A2A 2.1%Due 10/15/2020 Paydown 11/15/2018 89238MAB4 50,212.59 Toyota Auto Receivables Owner 2017-A 100.000 50,212.59 59.42 50,272.01 0.00 1.42%Due 9/16/2019 Paydown 11/21/2018 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 Paydown 11/26/2018 3137B5JM6 0.00 FHLMC K034 A2 100.000 0.00 9,121.75 9,121.75 0.00 3.531%Due 7/25/2023 Subtotal 852,695.25 852,695.25 35,714.62 888,409.87 0.00 Maturity 11/07/2018 06371ETT4 2,760,000.00 Bank of Montreal Chicago Yankee CD 100.000 2,760,000.00 49,250.66 2,809,250.66 0.00 1.76%Due 11/7/2018 Maturity 11/07/2018 74005PBH6 1,400,000.00 Praxair Note 100.000 1,400,000.00 0.00 1,400,000.00 0.00 1.25%Due 11/7/2018 Subtotal 4,160,000.00 4,160,000.00 49,250.66 4,209,250.66 0.00 Security 11/05/2018 31846V401 11,445.08 First American Govt Obligation MMKT 1.000 11,445.08 0.00 11,445.08 0.00 Withdrawal Class-D E4/253 Chandler Asset Management-CONFIDENTIAL Paee 14 Execution Time:12/4/2018 12:47:29 PM City of Chino Hills Transaction Ledger CM Account#10150 As of November 30, 2018 Transaction Settlement Acq/Disp Interest Type Date CUSIP Quantity Security Description Price Yield Amount Pur/Sold Total Amount Gain/Loss DISPOSITIONS Security 11/26/2018 31846V401 104.17 First American Govt Obligation MMKT 1.000 104.17 0.00 104.17 0.00 Withdrawal Class-D Subtotal 11,549.25 11,549.25 0.00 11,549.25 0.00 TOTAL DISPOSITIONS 9,861,183.31 9,861,183.31 84,965.28 9,946,148.59 0.00 OTHER TRANSACTIONS Interest 11/01/2018 3137EADR7 2,550,000.00 FHLMC Note 0.000 17,531.25 0.00 17,531.25 0.00 1.375%Due 5/1/2020 Interest 11/03/2018 00440EAT4 2,475,000.00 Chubb INA Holdings Inc Callable Note 0.000 28,462.50 0.00 28,462.50 0.00 Cont 10/3/2020 2.3%Due 11/3/2020 Interest 11/03/2018 594918BG8 1,025,000.00 Microsoft Callable Note Cont. 10/03/20 0.000 10,250.00 0.00 10,250.00 0.00 2%Due 11/3/2020 Interest 11/06/2018 3135G0K69 2,875,000.00 FNMA Note 0.000 17,968.75 0.00 17,968.75 0.00 1.25%Due 5/6/2021 Interest 11/07/2018 74005PBH6 1,400,000.00 Praxair Note 0.000 8,750.00 0.00 8,750.00 0.00 1.25%Due 11/7/2018 Interest 11/11/2018 3695506E7 2,390,000.00 General Dynamics Corp Note 0.000 35,850.00 0.00 35,850.00 0.00 3%Due 5/11/2021 Interest 11/17/2018 3137EAEK1 3,350,000.00 FHLMC Note 0.000 31,406.25 0.00 31,406.25 0.00 1.875%Due 11/17/2020 Interest 11/18/2018 22160KAJ4 1,000,000.00 Costco Wholesale Corp Note 0.000 10,750.00 0.00 10,750.00 0.00 2.15%Due 5/18/2021 Interest 11/19/2018 857477AV5 1,420,000.00 State Street Bank Note 0.000 13,845.00 0.00 13,845.00 0.00 1.95%Due 5/19/2021 Interest 11/20/2018 747525AD5 1,930,000.00 Qualcomm Inc Note 0.000 21,712.50 0.00 21,712.50 0.00 2.25%Due 5/20/2020 55/253 Chandler Asset Management-CONFIDENTIAL Page 15 Execution Time:12/4/2018 12:47:29 PM City of Chino Hills Transaction Ledger CM Account#10150 As of November 30, 2018 Transaction Settlement Acq/Disp Interest Type Date CUSIP Quantity Security Description Price Yield Amount pur/Sold Total Amount Gain/Loss OTHER TRANSACTIONS Interest 11/25/2018 3137B7MZ9 2,695,000.00 FHLMC K036 A2 0.000 7,921.06 0.00 7,921.06 0.00 3.527%Due 10/25/2023 Interest 11/29/2018 3130AABG2 3,375,000.00 FHLB Note 0.000 31,640.63 0.00 31,640.63 0.00 1.875%Due 11/29/2021 Interest 11/30/2018 3135G0F73 2,700,000.00 FNMA Note 0.000 20,250.00 0.00 20,250.00 0.00 1.5%Due 11/30/2020 Interest 11/30/2018 912828VF4 2,350,000.00 US Treasury Note 0.000 16,156.25 0.00 16,156.25 0.00 1.375%Due 5/31/2020 Subtotal 31,535,000.00 272,494.19 0.00 272,494.19 0.00 Dividend 11/01/2018 31846V401 118,458.27 First American Govt Obligation MMKT 0.000 965.83 0.00 965.83 0.00 Class-D Subtotal 118,458.27 965.83 0.00 965.83 0.00 TOTAL OTHER TRANSACTIONS 31,653,458.27 273,460.02 0.00 273,460.02 0.00 56/253 Chandler Asset Management-CONFIDENTIAL Page 16 Execution Time:12/4/2018 12:47:29 PM 00293301 40--01 B 62 1 C bank 0102 19 00748 48-01 01 PARS/CITY OF CHINO HILLS 115P Page 5 of 18 ACCOUNT 6746053100 Period from November 1, 2018 to November 30, 2018 ASSET SUMMARY' 11/30/2018 11/30/2018 %OF ASSETS MARKET BOOK VALUE MARKET Cash And Equivalents 207,519.26 207,519.26 3.05 Mutual Funds-Equity 3,491,439.98 3,191,406.31 51.30 Mutual Funds-Fixed Income 3,106,004.14 3,170,179.64 45.64 MUTUAL FUNDS . Total Assets 6,804,963.38 6,569,105.21 99.99 .................................................. CASH EQUIV&ACCR Accrued Income 357.04 357.04 0.01 � Grand Total 6,805,320.42 6,569,462.25 100.00 Estimated Annual Income 158,470.33 57/253 00293301 r40--01-B-62-340-01 v1 0102 19 00748 01 1Z1 ba fl k,. PARS/CITY OF CHINO HILLS 115P Page 6 of 18 ACCOUNT 6746053100 Period from November 1, 2018 to November 30, 2018 ASSET DETAIL UNREALIZED GAIN (LOSS) ADJ PRIOR MARKET/ SHARES/ MARKET SINCE INCEPTION/ ADJ PRIOR MARKET ENDING ACCRUAL DESCRIPTION FACE AMOUNT PRICE/UNIT BOOK VALUE CURRENT PERIOD UNREALIZED GAIN/LOSS YIELD ON MARKET Cash And Equivalents Money Markets First Am Govt 206,147.790 206,147.79 206,147.79 .00 206,147.79 357.04 Ob Fd CI Z 1.0000 .00 .00 2.09 31846V567 Asset Minor Code 1 Total Money Markets 206,147.790 206,147.79 206,147.79 .00 206,147.79 357.04 .00 .00 2.08 Cash Cash 1,371.47 1,371.47 1,371.47 Total Cash .000 1,371.47 1,371.47 .00 1,371.47 .00 .00 .00 0.00 Total Cash And 206,147.790 207,519.26 207,519.26 .00 207,519.26 357.04 Equivalents .00 .00 2.07 Mutual Funds Mutual Funds-Equity (shares Core 3,716.000 1,033,048.00 891,860.85 141,187.15 1,015,379.07 .00 S P 500 Etf 278.0000 19,559.26 17,668.93 1.82 464287200 Asset Minor Code 94 (shares S P 2,137.000 352,904.18 289,476.15 63,428.03 347,683.61 .00 500 Growth Etf 165.1400 5,009.60 5,220.57 1.18 464287309 Asset Minor Code 94 (shares S P 4,146.000 466,051.86 442,925.57 23,126.29 457,210.86 .00 500 Value Etf 112.4100 11,428.87 8,841.00 2.37 464287408 Asset Minor Code 94 58/253 00293301 40--01-B-62-340-011Z , 0102 -19-00748-01 1bof PARS/CITY OF CHINO HILLS 115P Page 7 of 18 ACCOUNT 6746053100 Period from November 1, 2018 to November 30, 2018 ASSET'DETAIL (continued) UNREALIZED GAIN (LOSS) ADJ PRIOR MARKET/ SHARES/ MARKET SINCE INCEPTION/ ADJ PRIOR MARKET ENDING ACCRUAL DESCRIPTION FACE AMOUNT PRICE/UNIT BOOK VALUE CURRENT PERIOD UNREALIZED GAIN/LOSS YIELD ON MARKET (shares Msci 7,166.000 449,809.82 436,691.22 13,118.60 478,089.32 .00 Eafe Etf 62.7700 2,238.25 -28,279.50 3.34 464287465 Asset Minor Code 94 (shares 5,327.000 275,938.60 255,238.30 20,700.30 282,404.58 .00 Russell Mid Cap Etf 51.8000 6,569.84 -6,465.98 1.80 464287499 Asset Minor Code 94 (shares 2,712.000 333,738.72 329,985.83 3,752.89 355,836.07 .00 Russell 2000 Value Etf 123.0600 5,192.49 -22,097.35 1.91 464287630 Asset Minor Code 94 (shares 1,360.000 259,433.60 229,565.51 29,868.09 275,190.47 .00 Russell 2000 Growth Etf 190.7600 4,168.78 - 15,756.87 0.69 464287648 Asset Minor Code 94 Vanguard Ftse 5,696.000 226,074.24 223,552.83 2,521.41 239,790.18 .00 Emerging Markets Etf 39.6900 10,499.98 - 13,715.94 2.65 922042858 Asset Minor Code 94 Vanguard Real 1,152.000 94,440.96 92,110.05 2,330.91 93,739.57 .00 Estate Etf 81.9800 4,348.89 701.39 4.69 922908553 Asset Minor Code 94 Total Mutual Funds-Equity 33,412.000 3,491,439.98 3,191,406.31 300,033.67 3,545,323.73 .00 69,015.96 -53,883.75 2.07 Mutual Funds-Fixed Income (shares Core 21,754.000 2,281,559.52 2,335,869.31 -54,309.79 2,312,467.32 .00 U.S.Aggregate Bond Etf 104.8800 15,944.52 -30,907.80 2.59 464287226 Asset Minor Code 95 Vanguard 79,349.819 824,444.62 834,310.33 -9,865.71 828,063.37 .00 Short Term Invt Grade#539 10.3900 - 1,037.44 -3,618.75 2.72 922031836 Asset Minor Code 99 Total Mutual Funds-Fixed 101,103.819 3,106,004.14 3,170,179.64 -64,175.50 3,140,530.69 .00 Income 14,907.08 -34,526.55 2.62 59/253 00293301 f 40--01-B-62-340-01 0102 -19-00748-01 1Z1bank.. PARS/CITY OF CHINO HILLS 115P Page 8 of 18 ACCOUNT 6746053100 Period from November 1, 2018 to November 30, 2018 ASSET'DETAIL (continued) UNREALIZED GAIN (LOSS) ADJ PRIOR MARKET/ SHARES/ MARKET SINCE INCEPTION/ ADJ PRIOR MARKET ENDING ACCRUAL DESCRIPTION FACE AMOUNT PRICE/UNIT BOOK VALUE CURRENT PERIOD UNREALIZED GAIN/LOSS YIELD ON MARKET Total Mutual Funds 134,515.819 6,597,444.12 6,361,585.95 235,858.17 6,685,854.42 .00 83,923.04 -88,410.30 2.33 Total Assets 340,663.609 6,804,963.38 6,569,105.21 235,858.17 6,893,373.68 357.04 83,923.04 -88,410.30 2.32 Accrued Income .000 357.04 357.04 Grand Total 340,663.609 6,805,320.42 6,569,462.25 ASSET DETAIL MESSAGES Time of trade execution and trading party(if not disclosed)will be provided upon request. 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. 60/253 00293301 40--01-B-62-340-01 0102 -19-00748-01 1Z1bank, PARS/CITY OF CHINO HILLS 115P Page 9 of 18 ACCOUNT 6746053100 Period from November 1, 2018 to November 30, 2018 INCOME ACCRUAL DETAIL SHARES/ EX PAY ANN BEGINNING INCOME INCOME ENDING FACE AMOUNT DESCRIPTION DATE DATE RATE ACCRUAL EARNED RECEIVED ACCRUAL Cash And Equivalents 206,147.790 First Am Govt Ob Fd CI Z 0.02 399.77 357.04 399.77 357.04 31846V567 12/03/18 Total Cash And Equivalents 399.77 357.04 399.77 357.04 Mutual Funds-Fixed Income 21,754.000 Ishares Core U.S.Aggregate Bond Etf 2.72 .00 6,462.84 6,462.84 .00 464287226 11/01/18 11/07/18 79,349.819 Vanguard Short Term Invt Grade#539 0.28 .00 1,371.47 1,371.47 .00 922031836 11/30/18 12/03/18 Total Mutual Funds-Fixed Income .00 7,834.31 7,834.31 .00 Grand Total 399.77 8,191.35 8,234.08 357.04 61/253 00293301 40--01-B-62-340-01 Cl ba n k. • 0102 -19-00748-01 `} PARS/CITY OF CHINO HILLS 115P Page 10 of 18 ACCOUNT 6746053100 Period from November 1, 2018 to November 30, 2018 INVESTMENT ACTIVITY' DATE DESCRIPTION CASH Interest First Am Govt Ob Fd CI Z 31846V567 11/01/2018 Interest From 10/1/18 To 10/31/18 399.77 Total Interest 399.77 Dividends (shares Core U.S.Aggregate Bond Etf 464287226 11/07/2018 0.25634 USD/Share On 25,212 Shares Due 11/7/18 6,462.84 Vanguard Short Term Invt Grade#539 922031836 11/30/2018 Dividend From 11/1/18 To 11/30/18 1,371.47 Total Dividends 7,834.31 62/253 00293301 40--01 B 62 1 C bank. 0102 -19-00748-0148-01 PARS/CITY OF CHINO HILLS 115P Page 11 of 18 ACCOUNT 6746053100 Period from November 1, 2018 to November 30, 2018 PLAN EXPENSES DATE DESCRIPTION CASH Trust Fees Trust Fees 11/27/2018 Collected - 1,775.31 Charged For Period 10/01/2018 Thru 10/31/2018 Total Trust Fees -1,775.31 Total Trust Fees -1,775.31 Total Plan Expenses -1,775.31 63/253 00293301 „t 40--01 B 62 1 C bank. 0102 -19-00748-0148-01 PARS/CITY OF CHINO HILLS 115P Page 12 of 18 ACCOUNT 6746053100 Period from November 1, 2018 to November 30, 2018 OTHER'ACTIVITY DATE DESCRIPTION CASH Transfers Out Transfer To Another Account 11/29/2018 Paid To #6746050100 - 1,401.22 Per Dir Dtd 11/28/18 Total Transfer To Another Account -1,401.22 Total Transfers Out -1,401.22 Total Other Activity -1,401.22 64/253 00293301 40--01-B-62-340-01 0102 -19-00748-01 1Z1bank. PARS/CITY OF CHINO HILLS 115P Page 13 of 18 ACCOUNT 6746053100 Period from November 1, 2018 to November 30, 2018 PURCHASES' SHARES/ DATE DESCRIPTION FACE AMOUNT COMMISSION CASH BOOK VALUE Cash And Equivalents 11/02/2018 Purchased 1,771.480 .00 - 1,771.48 1,771.48 1,771.48 Units Of First Am Govt Ob Fd CI Z Trade Date 11/2/18 31846V567 11/07/2018 Purchased 6,462.840 .00 -6,462.84 6,462.84 6,462.84 Units Of First Am Govt Ob Fd CI Z Trade Date 11/7/18 31846V567 Total First Am Govt Ob Fd CI Z 8,234.320 .00 -8,234.32 8,234.32 Total Cash And Equivalents 8,234.320 .00 -8,234.32 8,234.32 Mutual Funds-Equity 11/28/2018 Purchased 65 65.000 2.28 - 17,641.98 17,641.98 Shares Of Ishares Core S P 500 Etf Trade Date 11/28/18 Purchased Through J.P. Morgan Securities LLC 65 Shares At 271.38 USD 464287200 Total (shares Core S P 500 Etf 65.000 2.28 - 17,641.98 17,641.98 11/28/2018 Purchased 233 233.000 8.16 - 14,536.39 14,536.39 Shares Of Ishares Msci Eafe Etf Trade Date 11/28/18 Purchased Through J.P. Morgan Securities LLC 233 Shares At 62.3529 USD 464287465 Total (shares Msci Eafe Etf 233.000 8.16 - 14,536.39 14,536.39 65/253 00293301 wv 40--01-B-62-340-01 � 0102 -19-00748-01 ®bank.. ,, PARS/CITY OF CHINO HILLS 115P Page 14 of 18 ACCOUNT 6746053100 Period from November 1, 2018 to November 30, 2018 PURCHASES'(continued) SHARES/ DATE DESCRIPTION FACE AMOUNT COMMISSION CASH BOOK VALUE 11/28/2018 Purchased 139 139.000 4.87 -7,063.48 7,063.48 Shares Of (shares Russell Mid Cap Etf Trade Date 11/28/18 Purchased Through J.P. Morgan Securities LLC 139 Shares At 50.7814 USD 464287499 Total (shares Russell Mid Cap Etf 139.000 4.87 -7,063.48 7,063.48 11/28/2018 Purchased 119 119.000 4.17 -22,093.33 22,093.33 Shares Of (shares Russell 2000 Growth Etf Trade Date 11/28/18 Purchased Through J.P. Morgan Securities LLC 119 Shares At 185.6232 USD 464287648 Total (shares Russell 2000 Growth Etf 119.000 4.17 -22,093.33 22,093.33 11/28/2018 Purchased 118 118.000 4.13 - 14,283.13 14,283.13 Shares Of (shares Russell 2000 Value Etf Trade Date 11/28/18 Purchased Through J.P. Morgan Securities LLC 118 Shares At 121.0085 USD 464287630 Total (shares Russell 2000 Value Etf 118.000 4.13 - 14,283.13 14,283.13 11/28/2018 Purchased 71 71.000 2.49 - 11,384.50 11,384.50 Shares Of (shares S P 500 Growth Etf Trade Date 11/28/18 Purchased Through J.P. Morgan Securities LLC 71 Shares At 160.31 USD 464287309 Total (shares S P 500 Growth Etf 71.000 2.49 - 11,384.50 11,384.50 66/253 00293301 40--01 B 62 1 C ban k 0102 -19-00748-0148-01 PARS/CITY OF CHINO HILLS 115P Page 15 of 18 ACCOUNT 6746053100 Period from November 1, 2018 to November 30, 2018 PURCHASES (continued) SHARES/ DATE DESCRIPTION FACE AMOUNT COMMISSION CASH BOOK VALUE Total Mutual Funds-Equity 745.000 26.10 -87,002.81 87,002.81 Mutual Funds-Fixed Income 11/29/2018 Purchased 27,478.192 .00 -285,498.42 285,498.42 27,478.192 Shares Of Vanguard Short Term Invt Grade#539 Trade Date 11/29/18 27,478.192 Shares At 10.39 USD 922031836 Total Vanguard Short Term Invt Grade#539 27,478.192 .00 -285,498.42 285,498.42 Total Mutual Funds-Fixed Income 27,478.192 .00 -285,498.42 285,498.42 Total Purchases 36,457.512 26.10 -380,735.55 380,735.55 67/253 00293301 40--01-B-62-340-01 ®bank.. 0102 -19-00748-01 r PARS/CITY OF CHINO HILLS 115P Page 16 of 18 ACCOUNT 6746053100 Period from November 1, 2018 to November 30, 2018 SALES AND MATURITIES PRIOR MARKET/ SHARES/ TRANSACTION REALIZED PRIOR MARKET DATE DESCRIPTION FACE AMOUNT COMMISSION PROCEEDS BOOK VALUE GAIN/LOSS REALIZED GAIN/LOSS Cash And Equivalents 11/27/2018 Sold - 1,775.310 .00 1,775.31 - 1,775.31 .00 - 1,775.31 1,775.31 Units Of .00 First Am Govt Ob Fd CI Z Trade Date 11/27/18 31846V567 11/29/2018 Sold - 1,401.220 .00 1,401.22 - 1,401.22 .00 - 1,401.22 1,401.22 Units Of .00 First Am Govt Ob Fd CI Z Trade Date 11/29/18 31846V567 11/30/2018 Sold - 1,516.010 .00 1,516.01 - 1,516.01 .00 - 1,516.01 1,516.01 Units Of .00 First Am Govt Ob Fd CI Z Trade Date 11/30/18 31846V567 Total First Am Govt Ob Fd -4,692.540 .00 4,692.54 -4,692.54 .00 -4,692.54 CI Z .00 Total Cash And -4,692.540 .00 4,692.54 -4,692.54 .00 -4,692.54 Equivalents .00 Mutual Funds-Equity 11/28/2018 Sold 5 -5.000 .18 552.01 -534.16 17.85 -551.39 Shares Of .62 (shares S P 500 Value Etf Trade Date 11/28/18 Sold Through J.P. Morgan Securities LLC Paid 0.18 USD Brokerage Paid 0.01 USD Sec Fee 5 Shares At 110.44 USD 464287408 Total (shares S P 500 -5.000 .18 552.01 -534.16 17.85 -551.39 Value Etf .62 68/253 00293301 40--01-B-62-340-011Z 0102 -19-00748-01 1bof PARS/CITY OF CHINO HILLS 115P Page 17 of 18 ACCOUNT 6746053100 Period from November 1, 2018 to November 30, 2018 SALES AND MATURITIES (continued) PRIOR MARKET/ SHARES/ TRANSACTION REALIZED PRIOR MARKET DATE DESCRIPTION FACE AMOUNT COMMISSION PROCEEDS BOOK VALUE GAIN/LOSS REALIZED GAIN/LOSS 11/28/2018 Sold 55 -55.000 1.93 2,155.97 -2,158.60 -2.63 -2,315.39 Shares Of - 159.42 Vanguard Ftse Emerging Markets Etf Trade Date 11/28/18 Sold Through J.P. Morgan Securities LLC Paid 1.93 USD Brokerage Paid 0.03 USD Sec Fee 55 Shares At 39.235 USD 922042858 Total Vanguard Ftse -55.000 1.93 2,155.97 -2,158.60 -2.63 -2,315.39 Emerging Markets Etf -159.42 11/28/2018 Sold 81 -81.000 2.84 6,530.53 -6,476.49 54.04 -6,591.06 Shares Of -60.53 Vanguard Real Estate Etf Trade Date 11/28/18 Sold Through J.P. Morgan Securities LLC Paid 2.84 USD Brokerage Paid 0.09 USD Sec Fee 81 Shares At 80.66 USD 922908553 Total Vanguard Real -81.000 2.84 6,530.53 -6,476.49 54.04 -6,591.06 Estate Etf -60.53 Total Mutual Funds-Equity - 141.000 4.95 9,238.51 -9,169.25 69.26 -9,457.84 -219.33 Mutual Funds-Fixed Income 11/28/2018 Sold 3,458 -3,458.000 121.03 361,746.71 -371,308.08 -9,561.37 -367,588.12 Shares Of -5,841.41 (shares Core U.S.Aggregate Bond Etf Trade Date 11/28/18 Sold Through Sanford C. Bernstein &Co., LI Paid 121.03 USD Brokerage Paid 4.70 USD Sec Fee 3,458 Shares At 104.6479 USD 464287226 69/253 00293301 �c, 40- 01 B- C bank.0102 -19-0000748-48-01 PARS/CITY OF CHINO HILLS 115P Page 18 of 18 ACCOUNT 6746053100 Period from November 1, 2018 to November 30, 2018 SALES AND MATURITIES (continued) PRIOR MARKET/ SHARES/ TRANSACTION REALIZED PRIOR MARKET DATE DESCRIPTION FACE AMOUNT COMMISSION PROCEEDS BOOK VALUE GAIN/LOSS REALIZED GAIN/LOSS Total (shares Core U.S. -3,458.000 121.03 361,746.71 -371,308.08 -9,561.37 -367,588.12 Aggregate Bond Etf -5,841.41 Total Mutual Funds-Fixed -3,458.000 121.03 361,746.71 -371,308.08 -9,561.37 -367,588.12 Income -5,841.41 Total Sales And -8,291.540 125.98 375,677.76 -385,169.87 -9,492.11 -381,738.50 Maturities -6,060.74 SALES AND MATURITIES MESSAGES Realized gain/loss should not be used for tax purposes. 70/253