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05-14-2019 CC Rpt 16COUNCIL AGENDA STAFF REPORTCOUNCIL AGENDA STAFF REPORT TO: HONORABLE MAYOR AND CITY COUNCIL MEMBERS DATE: MAY 14, 2019 FROM: CITY MANAGER ITEM NO:16 SUBJECT:INVESTMENT REPORT FOR MARCH 2019 RECOMMENDATION: Receive and file the Investment Report for the month ended March 31, 2019. BACKGROUND/ANALYSIS: The Investment Report presents the City's cash and investments for the month ended March 31, 2019. 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 March 31, 2019, the City's investment portfolio had a market value of $227,361,888. ENVIRONMENTAL (CEQA) REVIEW: This proposed action is exempt from review under the California Environmental Quality Act (California Public Resources Code §§ 21000, et seq., "CEQA") and CEQA Guidelines (Title 14 California Code of Regulations §§ 15000, et seq.) because it does not involve any commitment to a specific project which could result in a potentially significant physical impact on the environment; and constitutes an organizational or administrative activity that will not result in direct or indirect physical changes in the environment. Accordingly, this action does not constitute a "project" that requires environmental review (see specifically 14 CCR § 15378(b)(4-5). 52/160 FISCAL IMPACT: None. Respectfully Submitted,Recommended By: Attachments March 2019 Investment Report 53/160 54/160 Attachment No. 1 Description Cost Value Market Value Maturity Date % of Portfolio Funds Held by Fiscal Agents US Bank CHFA Water Revenue Bonds Series 2012 Bond Fund First American Treasury Obligations Fund Class D 2,884$ 2,884$ 1.89%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 0.49% CHFA Water Revenue Bonds Series 2012 Acquisition Fund First American Treasury Obligations Fund Class D 479,139 479,139 1.89%n/a 0.21% CHFA Water Revenue Bonds Series 2012 Principal Account First American Treasury Obligations Fund Class D 63 63 1.89%n/a 0.00% CHFA Revenue Bonds CFD #1 Rolling Ridge Bond Fund First American Treasury Obligations Fund Class D 2 2 1.96%n/a 0.00% CHFA Revenue Bonds CFD #1 Rolling Ridge Reserve First American Treasury Obligations Fund Class D 9,570 9,570 1.89%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 8 8 1.85%n/a 0.00% CHFA Revenue Bonds CFD #2 Los Ranchos Reserve First American Treasury Obligations Fund Class D 22,238 22,238 1.89%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 180,115 180,115 1.89%n/a 0.08% CHFA Revenue Bonds CFD #5 Soquel Canyon Bond Fund First American Treasury Obligations Fund Class D 31 31 1.88%n/a 0.00% CHFA Revenue Bonds CFD #5 Soquel Canyon Reserve First American Treasury Obligations Fund Class D 26,524 26,524 1.89%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 0.88% CFD #6 (Carbon Canyon Area) Special Tax Series 2006 Bond Fund First American Treasury Obligations Fund Class D 1 1 1.90%n/a 0.00% CFD #6 (Carbon Canyon Area) Special Tax Series 2006 Reserve First American Treasury Obligations Fund Class D 16,115 16,115 1.89%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 79,915 79,915 1.89%n/a 0.04% Reassessment District 10-1 LOIB Redemption First American Treasury Obligations Fund Class D 2 2 1.68%n/a 0.00% Reassessment District 10-1 LOIB Reserve First American Treasury Obligations Fund Class D 248,159 248,159 1.89%n/a 0.11% CFD #9 (Rincon Village Area) Special Tax Refunding Series 2011 Bond First American Treasury Obligations Fund Class D 8 8 1.93%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 5 5 1.90%n/a 0.00% CFD #9 (Rincon Village Area) Special Tax Refunding Series 2011 Principal First American Treasury Obligations Fund Class D 168 168 1.89%n/a 0.00% CFD #10 (Fairfield Ranch) Special Tax Refunding Series 2010 Improvement First American Treasury Obligations Fund Class D 147,709 147,709 1.89%n/a 0.06% CFD #10 (Fairfield Ranch) Special Tax Refunding Series 2010 Interest First American Treasury Obligations Fund Class D 30 30 1.90%n/a 0.00% CFD #10 (Fairfield Ranch) Special Tax Refunding Series 2010 Principal First American Treasury Obligations Fund Class D 171 171 1.89%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 0.43% Total Funds Held by Fiscal Agents 8,374,746$ 8,374,746$ 3.69% Funds Held by Fiscal Agents Supplemental Interest/ Yield to Maturity 55/160 ACCOUNT SUMMARY Beg. Values as of 2/28/19 End Values as of 3/31/19 Market Value 198,665,069 200,172,025 Accrued Interest 833,746 863,125 Total Market Value 199,498,815 201,035,150 Income Earned 354,801 366,187 Cont/WD -11,738 Par 200,914,892 201,179,398 Book Value 200,245,661 200,566,332 Cost Value 199,968,156 200,243,358 TOP ISSUERS Government of United States 22.7% Federal National Mortgage Assoc 15.9% Federal Home Loan Mortgage Corp 12.9% Federal Home Loan Bank 9.4% John Deere ABS 1.9% Honda ABS 1.8% State Street Bank 1.6% Inter-American Dev Bank 1.5% Total 67.8% PORTFOLIO CHARACTERISTICS Average Modified Duration 2.30 Average Coupon 2.06% Average Purchase YTM 2.20% Average Market YTM 2.46% Average S&P/Moody Rating AA/Aa1 Average Final Maturity 2.56 yrs Average Life 2.43 yrs CREDIT QUALITY (S&P)MATURITY DISTRIBUTIONSECTOR ALLOCATION Portfolio Summary As of March 31, 2019 City of Chino Hills Account #10150 PERFORMANCE REVIEW Annualized TOTAL RATE OF RETURN 1M 3M YTD 1YR 2YRS 3YRS 5YRS 10YRS 2/28/2011 City of Chino Hills 0.78%1.45%1.45%3.38%1.76%1.27%1.49%N/A 1.30% ICE BAML 1-5 Yr US Treasury/Agency Index*0.85%1.22%1.22%3.14%1.52%0.98%1.29%N/A 1.06% *ICE BAML 1-3 Yr US Treasury/Agency Index to 7/31/12 Execution Time: 4/1/2019 9:09:50 PMChandler Asset Management - CONFIDENTIAL Page 1 56/160 CategoryStandardCommentTreasury IssuesNo LimitationCompliesAgency Issues25% max per Agency/GSE issuer;  20% max agency callable securitiesCompliesSupranationals"AA" rated or better by a NRSRO; 30% maximum;  10% max per issuer;  U.S. dollar denominated senior unsecured unsubordinated obligations issued or unconditionally guaranteed by the International Bank for Reconstruction and Development ("IBRD"), the International Finance Corporation ("IFC") or the Inter‐American Development Bank ("IADB")  CompliesMunicipal Issues"A" rated or better by a NRSRO; 30% maximum;  5% max per issuerCompliesBanker’s Acceptances"A1" short‐term rated or better by a NRSRO; or "A"  long‐term debt rated or better by a NRSRO; 40% maximum; 5% max per issuer;  180 days max maturity Complies Commercial Paper"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 days max maturity; Issuer is a corporation organized and operating in the U.S. and have $500 million total assetsComplies Negotiable Certificates of DepositNo rating required if amount of the NCD is insured up to the FDIC limit; If  above FDIC insured limit, requires "A‐1" short‐term or "A" long‐term rated issuer or higher by a NRSRO; 30% maximum;   (inclusive of CDARS); 5% max per issuerComplies  Time Deposits (TD)/Certificates of Deposit (CD)20% maximum (combination of FDIC and Collateralized TDs/ CDs);  For federally insured time deposits, amount per institution is limited to maximum covered under FDIC;  Collateralized if in excess of insured amountsComplies  Corporate Medium Term Notes"A" rated or better by a NRSRO; 30% maximum; 5% max per issuer;  Issued by corporations organized and operating within the U.S. or by depository institutions licensed by the U.S. or any state  and operating within the U.S. Complies  Asset‐Backed (ABS), Mortgage‐Backed Securities; Pass‐Throughs; CMOs"AA" rated or better by a NRSRO;  "A" long‐term debt issuer rated or better by a NRSRO;  20% maximum (combined ABS, MBS, MPTs, CMOs);  5% max per issuer; No issuer limitation where the issuer is the US Treasury or Federal Agency/GSE.Complies  Mutual Fund & Money Market Mutual FundHighest rating or "AAA" rated  by two NRSROs; SEC registered adviser with AUM >$500 million and experience > 5 years; 20% maximum in Mutual Funds and Money Market Mutual Funds;  10% max per one Mutual Fund;  20% max per one Money Market Mutual Fund    CompliesLAIFMaximum amount permitted by LAIFCompliesLGIPLos Angles County Investment Pool (LACIP)CompliesRepurchase Agreements102% collateralized;  1 year max maturityCompliesProhibitedInverse floaters, Range notes, Mortgage‐derived, Interest‐only strips; Zero interest accrual securities;  Reverse Repurchase Agreements;  Foreign currency denominated securities CompliesMax Callables20% maximum callable securities (does not include "make whole call" securities)CompliesMax Per Issuer5% of portfolio (except U.S. Government, U.S. Agencies, Supranationals, Mutual Funds or Money Market Funds, LAIF, LACIP, or unless otherwise specified in the investment policy)CompliesMaximum maturity5 yearsCompliesCity of Chino HillsAs of March 31, 2019Assets managed by Chandler Asset Management are in full compliance with state law and the Client's investment policy.Statement of Compliance57/160 BOOK VALUE RECONCILIATION BEGINNING BOOK VALUE $200,245,660.50 Acquisition + Security Purchases $5,134,579.00 + Money Market Fund Purchases $2,027,920.96 + Money Market Contributions $0.00 + Security Contributions $0.00 + Security Transfers $0.00 Total Acquisitions $7,162,499.96 Dispositions - Security Sales $3,111,425.15 - Money Market Fund Sales $2,016,848.95 - MMF Withdrawals $11,737.95 - Security Withdrawals $0.00 - Security Transfers $0.00 - Other Dispositions $0.00 - Maturites $630,000.00 - Calls $400,000.00 - Principal Paydowns $689,827.63 Total Dispositions $6,859,839.68 Amortization/Accretion +/- Net Accretion $22,409.90 $22,409.90 Gain/Loss on Dispositions +/- Realized Gain/Loss ($4,398.54) ($4,398.54) ENDING BOOK VALUE $200,566,332.14 CASH TRANSACTION SUMMARY BEGINNING BALANCE $1,108,017.31 Acquisition Contributions $0.00 Security Sale Proceeds $3,111,425.15 Accrued Interest Received $12,537.40 Interest Received $303,642.69 Dividend Received $783.97 Principal on Maturities $630,000.00 Interest on Maturities $0.00 Calls/Redemption (Principal)$400,000.00 Interest from Calls/Redemption $3,666.67 Principal Paydown $689,827.63 Total Acquisitions $5,151,883.51 Dispositions Withdrawals $11,737.95 Security Purchase $5,134,579.00 Accrued Interest Paid $6,232.50 Total Dispositions $5,152,549.45 ENDING BOOK VALUE $1,107,351.37 Reconciliation Summary As of March 31, 2019 City of Chino Hills Account #10150 Execution Time: 4/1/2019 9:09:50 PMChandler Asset Management - CONFIDENTIAL Page 3 58/160 Holdings Report As of March 31, 2019 City of Chino Hills Account #10150 CUSIP Security Description Par Value/Units Purchase Date Book Yield Cost Value Book Value Mkt Price Mkt YTM Market Value Accrued Int. % of Port. Gain/Loss Moody/S&P Fitch Maturity Duration ABS 47788MAC4 John Deere Owner Trust 2016-A A3 1.36% Due 4/15/2020 42,128.02 02/23/2016 1.37% 42,121.39 42,126.35 99.93 3.54% 42,100.08 25.46 0.02% (26.27) Aaa / NR AAA 1.04 0.04 47788BAB0 John Deere Owner Trust 2017-B A2A 1.59% Due 4/15/2020 128,236.62 Various 1.79% 128,013.14 128,137.90 99.95 3.25% 128,166.90 90.62 0.06% 29.00 Aaa / NR AAA 1.04 0.03 89237RAB4 Toyota Auto Receivable 2017-C A2A 1.58% Due 7/15/2020 482,551.66 07/25/2017 1.59% 482,547.07 482,549.65 99.80 2.66% 481,581.03 338.86 0.24% (968.62) Aaa / AAA NR 1.29 0.19 89238BAB8 Toyota Auto Receivables Owner 2018-A A2A 2.1% Due 10/15/2020 1,309,026.60 01/23/2018 2.12% 1,308,892.81 1,308,950.36 99.82 2.78% 1,306,615.28 1,221.76 0.65% (2,335.08) Aaa / AAA NR 1.55 0.30 65478VAD9 NAROT 2016-B A3 1.32% Due 1/15/2021 901,905.06 12/06/2017 1.73% 896,183.23 898,600.12 99.51 2.69% 897,497.43 132.28 0.45% (1,102.69) Aaa / NR AAA 1.80 0.36 161571HF4 Chase CHAIT 2016-A5 1.27% Due 7/15/2021 1,000,000.00 09/27/2018 2.11% 988,320.31 990,436.61 99.62 2.64% 996,175.00 564.44 0.50% 5,738.39 NR / AAA AAA 2.29 0.28 43811BAC8 Honda Auto Receivables 2017-2 A3 1.68% Due 8/16/2021 1,998,199.10 04/27/2018 2.62% 1,967,133.35 1,975,802.86 99.30 2.68% 1,984,245.36 1,491.99 0.99% 8,442.50 Aaa / AAA NR 2.38 0.70 47788BAD6 John Deere Owner Trust 2017-B A3 1.82% Due 10/15/2021 1,145,000.00 Various 2.73% 1,132,937.25 1,135,888.14 99.36 2.72% 1,137,726.90 926.18 0.57% 1,838.76 Aaa / NR AAA 2.55 0.71 47788CAC6 John Deere Owner Trust 2016-B A4 2.66% Due 4/18/2022 620,000.00 02/21/2018 2.68% 619,955.42 619,967.14 100.04 2.64% 620,274.04 732.98 0.31% 306.90 Aaa / NR AAA 3.05 1.19 43815HAC1 Honda Auto Receivables Owner 2018-3 A3 2.95% Due 8/22/2022 1,680,000.00 08/21/2018 2.98% 1,679,769.50 1,679,803.72 100.69 2.56% 1,691,578.56 1,376.67 0.84% 11,774.84 Aaa / NR AAA 3.40 1.70 02587AAJ3 American Express Credit 2017-1 1.93% Due 9/15/2022 1,725,000.00 Various 3.01% 1,699,587.14 1,703,168.53 99.39 2.66% 1,714,506.81 1,479.66 0.85% 11,338.28 Aaa / NR AAA 3.46 0.85 47788EAC2 John Deere Owner Trust 2018-B A3 3.08% Due 11/15/2022 1,910,000.00 07/18/2018 3.10% 1,909,855.22 1,909,878.22 100.73 2.68% 1,923,857.05 2,614.58 0.96% 13,978.83 Aaa / NR AAA 3.63 1.72 Total ABS 12,942,047.06 2.60% 12,855,315.83 12,875,309.60 2.68% 12,924,324.44 10,995.48 6.43% 49,014.84 Aaa / AAA AAA 2.70 0.90 AGENCY 3137EADM8 FHLMC Note 1.25% Due 10/2/2019 1,400,000.00 09/30/2015 1.31% 1,396,696.00 1,399,584.46 99.39 2.47% 1,391,502.00 8,701.39 0.70% (8,082.46) Aaa / AA+ AAA 0.51 0.49 Execution Time: 4/1/2019 9:09:50 PMChandler Asset Management - CONFIDENTIAL Page 4 59/160 Holdings Report As of March 31, 2019 City of Chino Hills Account #10150 CUSIP Security Description Par Value/Units Purchase Date Book Yield Cost Value Book Value Mkt Price Mkt YTM Market Value Accrued Int. % of Port. Gain/Loss Moody/S&P Fitch Maturity Duration AGENCY 3137EAEE5 FHLMC Note 1.5% Due 1/17/2020 3,150,000.00 02/14/2017 1.61% 3,140,487.00 3,147,403.11 99.25 2.46% 3,126,334.05 9,712.50 1.56% (21,069.06) Aaa / AA+ AAA 0.80 0.78 3135G0A78 FNMA Note 1.625% Due 1/21/2020 3,500,000.00 12/08/2017 1.88% 3,481,485.00 3,492,915.79 99.36 2.44% 3,477,432.00 11,059.03 1.74% (15,483.79) Aaa / AA+ AAA 0.81 0.79 3137EADR7 FHLMC Note 1.375% Due 5/1/2020 2,550,000.00 Various 1.59% 2,525,807.60 2,544,340.22 98.87 2.44% 2,521,105.95 14,609.37 1.26% (23,234.27) Aaa / AA+ AAA 1.09 1.06 313383HU8 FHLB Note 1.75% Due 6/12/2020 2,500,000.00 09/15/2015 1.66% 2,510,425.00 2,502,637.87 99.19 2.44% 2,479,712.50 13,246.53 1.24% (22,925.37) Aaa / AA+ NR 1.20 1.17 3135G0D75 FNMA Note 1.5% Due 6/22/2020 2,625,000.00 09/29/2015 1.49% 2,626,417.50 2,625,367.71 98.92 2.40% 2,596,749.75 10,828.13 1.30% (28,617.96) Aaa / AA+ AAA 1.23 1.20 3137EAEK1 FHLMC Note 1.875% Due 11/17/2020 3,350,000.00 11/21/2017 1.96% 3,341,319.58 3,345,257.99 99.24 2.35% 3,324,479.70 23,380.21 1.67% (20,778.29) Aaa / AA+ AAA 1.64 1.58 3135G0F73 FNMA Note 1.5% Due 11/30/2020 2,700,000.00 12/16/2015 1.90% 2,648,970.00 2,682,830.24 98.57 2.38% 2,661,522.30 13,612.50 1.33% (21,307.94) Aaa / AA+ AAA 1.67 1.62 3130A7CV5 FHLB Note 1.375% Due 2/18/2021 2,235,000.00 02/17/2016 1.46% 2,225,970.60 2,231,594.82 98.25 2.33% 2,195,813.75 3,670.68 1.09% (35,781.07) Aaa / AA+ AAA 1.89 1.84 3135G0J20 FNMA Note 1.375% Due 2/26/2021 3,500,000.00 Various 1.59% 3,472,861.80 3,486,192.26 98.24 2.33% 3,438,239.00 4,678.82 1.71% (47,953.26) Aaa / AA+ AAA 1.91 1.86 3135G0K69 FNMA Note 1.25% Due 5/6/2021 2,875,000.00 Various 1.29% 2,869,786.50 2,872,782.19 97.84 2.31% 2,812,937.38 14,474.83 1.41% (59,844.81) Aaa / AA+ AAA 2.10 2.04 313379RB7 FHLB Note 1.875% Due 6/11/2021 1,695,000.00 08/30/2017 1.67% 1,707,780.30 1,702,427.39 98.96 2.36% 1,677,414.38 9,710.94 0.84% (25,013.01) Aaa / AA+ AAA 2.20 2.12 3130A8QS5 FHLB Note 1.125% Due 7/14/2021 2,800,000.00 07/22/2016 1.29% 2,778,272.00 2,790,003.92 97.37 2.31% 2,726,253.60 6,737.50 1.36% (63,750.32) Aaa / AA+ AAA 2.29 2.23 3137EAEC9 FHLMC Note 1.125% Due 8/12/2021 3,200,000.00 09/26/2016 1.28% 3,176,448.00 3,188,568.02 97.28 2.31% 3,113,040.00 4,900.00 1.55% (75,528.02) Aaa / AA+ AAA 2.37 2.31 3135G0N82 FNMA Note 1.25% Due 8/17/2021 3,200,000.00 09/28/2016 1.28% 3,195,072.00 3,197,598.19 97.55 2.31% 3,121,740.80 4,888.89 1.56% (75,857.39) Aaa / AA+ AAA 2.38 2.32 3130AABG2 FHLB Note 1.875% Due 11/29/2021 3,375,000.00 02/27/2017 1.89% 3,373,110.00 3,373,940.07 98.94 2.29% 3,339,090.00 21,445.31 1.67% (34,850.07) Aaa / AA+ AAA 2.67 2.56 3135G0S38 FNMA Note 2% Due 1/5/2022 3,400,000.00 Various 2.02% 3,396,588.25 3,398,092.08 99.22 2.29% 3,373,626.20 16,244.45 1.69% (24,465.88) Aaa / AA+ AAA 2.77 2.66 Execution Time: 4/1/2019 9:09:50 PMChandler Asset Management - CONFIDENTIAL Page 5 60/160 Holdings Report As of March 31, 2019 City of Chino Hills Account #10150 CUSIP Security Description Par Value/Units Purchase Date Book Yield Cost Value Book Value Mkt Price Mkt YTM Market Value Accrued Int. % of Port. Gain/Loss Moody/S&P Fitch Maturity Duration AGENCY 3135G0T45 FNMA Note 1.875% Due 4/5/2022 3,485,000.00 06/19/2017 1.88% 3,484,473.77 3,484,669.23 98.90 2.25% 3,446,720.76 31,945.83 1.73% (37,948.47) Aaa / AA+ AAA 3.02 2.88 3135G0T78 FNMA Note 2% Due 10/5/2022 3,500,000.00 12/08/2017 2.22% 3,465,595.00 3,474,905.28 99.06 2.28% 3,466,995.00 34,222.22 1.74% (7,910.28) Aaa / AA+ AAA 3.52 3.34 3130A3KM5 FHLB Note 2.5% Due 12/9/2022 2,750,000.00 12/15/2017 2.25% 2,782,010.00 2,773,747.65 100.78 2.28% 2,771,353.75 21,388.89 1.39% (2,393.90) Aaa / AA+ NR 3.70 3.48 3135G0T94 FNMA Note 2.375% Due 1/19/2023 3,500,000.00 04/11/2018 2.71% 3,448,410.00 3,458,887.83 100.27 2.30% 3,509,425.50 16,625.00 1.75% 50,537.67 Aaa / AA+ AAA 3.81 3.60 3137EAEN5 FHLMC Note 2.75% Due 6/19/2023 3,750,000.00 07/20/2018 2.86% 3,731,175.00 3,733,822.27 101.74 2.31% 3,815,411.25 29,218.75 1.91% 81,588.98 Aaa / AA+ AAA 4.22 3.94 3130A0F70 FHLB Note 3.375% Due 12/8/2023 3,500,000.00 01/16/2019 2.73% 3,602,165.00 3,597,931.96 104.55 2.34% 3,659,190.50 37,078.13 1.84% 61,258.54 Aaa / AA+ AAA 4.69 4.29 Total Agency 68,540,000.00 1.87% 68,381,325.90 68,505,500.55 2.34% 68,046,090.12 362,379.90 34.03% (459,410.43) Aaa / AA+ AAA 2.41 2.30 CMO 3137BFDQ1 FHLMC K717 A2 2.991% Due 9/25/2021 2,500,000.00 12/28/2018 2.89% 2,501,562.50 2,501,420.17 100.76 2.69% 2,519,102.50 6,231.25 1.26% 17,682.33 NR / NR AAA 2.49 2.19 3137B5JM6 FHLMC K034 A2 3.531% Due 7/25/2023 3,100,000.00 08/28/2018 3.03% 3,165,753.91 3,157,925.19 103.57 2.59% 3,210,670.00 9,121.75 1.60% 52,744.81 NR / NR AAA 4.32 3.89 3137B7MZ9 FHLMC K036 A2 3.527% Due 10/25/2023 2,695,000.00 10/29/2018 3.32% 2,721,528.91 2,719,313.31 103.73 2.59% 2,795,456.13 1,584.21 1.39% 76,142.82 Aaa / NR AAA 4.57 4.07 Total CMO 8,295,000.00 3.08% 8,388,845.32 8,378,658.67 2.62% 8,525,228.63 16,937.21 4.25% 146,569.96 Aaa / NR AAA 3.86 3.45 FOREIGN CORPORATE 89114QCB2 Toronto Dominion Bank Note 3.25% Due 3/11/2024 2,300,000.00 03/26/2019 2.97% 2,329,118.00 2,329,053.65 101.19 2.99% 2,327,284.90 4,152.78 1.16% (1,768.75) Aa3 / A AA- 4.95 4.53 Total Foreign Corporate 2,300,000.00 2.97% 2,329,118.00 2,329,053.65 2.99% 2,327,284.90 4,152.78 1.16% (1,768.75) Aa3 / A AA- 4.95 4.53 Execution Time: 4/1/2019 9:09:50 PMChandler Asset Management - CONFIDENTIAL Page 6 61/160 Holdings Report As of March 31, 2019 City of Chino Hills Account #10150 CUSIP Security Description Par Value/Units Purchase Date Book Yield Cost Value Book Value Mkt Price Mkt YTM Market Value Accrued Int. % of Port. Gain/Loss Moody/S&P Fitch Maturity Duration MONEY MARKET FUND FI 31846V401 First American Govt Obligation MMKT Class-D 1,107,351.37 Various 1.90% 1,107,351.37 1,107,351.37 1.00 1.90% 1,107,351.37 0.00 0.55% 0.00 Aaa / AAA AAA 0.00 0.00 Total Money Market Fund FI 1,107,351.37 1.90% 1,107,351.37 1,107,351.37 1.90% 1,107,351.37 0.00 0.55% 0.00 Aaa / AAA AAA 0.00 0.00 SUPRANATIONAL 45950KCM0 International Finance Corp Note 2.25% Due 1/25/2021 2,500,000.00 08/27/2018 2.79% 2,468,725.00 2,476,366.05 99.77 2.38% 2,494,200.00 10,312.50 1.25% 17,833.95 Aaa / AAA NR 1.82 1.76 4581X0CZ9 Inter-American Dev Bank Note 1.75% Due 9/14/2022 3,000,000.00 08/21/2018 2.87% 2,872,200.00 2,891,245.04 98.10 2.33% 2,942,874.00 2,479.17 1.47% 51,628.96 NR / NR AAA 3.46 3.32 Total Supranational 5,500,000.00 2.83% 5,340,925.00 5,367,611.09 2.35% 5,437,074.00 12,791.67 2.71% 69,462.91 Aaa / AAA AAA 2.71 2.61 US CORPORATE 40434CAC9 HSBC USA Inc Note 2.25% Due 6/23/2019 2,200,000.00 06/20/2017 1.99% 2,211,242.00 2,201,278.20 99.88 2.76% 2,197,388.60 13,475.00 1.10% (3,889.60) A2 / A AA- 0.23 0.23 94974BGF1 Wells Fargo Corp Note 2.15% Due 1/30/2020 2,025,000.00 Various 2.15% 2,024,153.60 2,025,013.40 99.53 2.72% 2,015,577.68 7,377.18 1.01% (9,435.72) A2 / A- A+ 0.84 0.82 22160KAG0 Costco Wholesale Corp Note 1.75% Due 2/15/2020 900,000.00 02/05/2015 1.77% 899,055.00 899,834.21 99.22 2.66% 893,007.90 2,012.50 0.45% (6,826.31) Aa3 / A+ A+ 0.88 0.86 747525AD5 Qualcomm Inc Note 2.25% Due 5/20/2020 1,930,000.00 Various 2.36% 1,918,856.25 1,927,859.28 99.58 2.63% 1,921,863.12 15,801.88 0.96% (5,996.16) A2 / A- NR 1.14 1.10 437076BQ4 Home Depot Note 1.8% Due 6/5/2020 875,000.00 05/24/2017 1.82% 874,492.50 874,800.43 99.26 2.44% 868,549.50 5,075.00 0.43% (6,250.93) A2 / A A 1.18 1.15 857477AS2 State Street Bank Note 2.55% Due 8/18/2020 1,750,000.00 01/21/2016 2.17% 1,778,420.00 1,758,614.71 99.94 2.59% 1,749,014.75 5,330.21 0.87% (9,599.96) A1 / A AA- 1.39 1.34 594918BG8 Microsoft Callable Note Cont. 10/03/20 2% Due 11/3/2020 1,025,000.00 Various 1.99% 1,025,086.50 1,025,071.77 99.33 2.43% 1,018,181.70 8,427.78 0.51% (6,890.07) Aaa / AAA AA+ 1.60 1.54 Execution Time: 4/1/2019 9:09:50 PMChandler Asset Management - CONFIDENTIAL Page 7 62/160 Holdings Report As of March 31, 2019 City of Chino Hills Account #10150 CUSIP Security Description Par Value/Units Purchase Date Book Yield Cost Value Book Value Mkt Price Mkt YTM Market Value Accrued Int. % of Port. Gain/Loss Moody/S&P Fitch Maturity Duration US CORPORATE 00440EAT4 Chubb INA Holdings Inc Callable Note Cont 10/3/2020 2.3% Due 11/3/2020 2,475,000.00 Various 2.18% 2,484,922.25 2,479,181.29 99.50 2.62% 2,462,714.10 23,402.50 1.24% (16,467.19) A3 / A A 1.60 1.53 92826CAB8 Visa Inc Note 2.2% Due 12/14/2020 1,800,000.00 Various 1.60% 1,845,865.00 1,817,586.39 99.56 2.46% 1,792,080.00 11,770.00 0.90% (25,506.39) A1 / AA- NR 1.71 1.65 78012KKU0 Royal Bank of Canada Note 2.5% Due 1/19/2021 2,525,000.00 12/11/2017 2.37% 2,534,569.75 2,530,566.17 99.98 2.51% 2,524,462.18 12,625.00 1.26% (6,103.99) Aa2 / AA- AA 1.81 1.74 30231GAV4 Exxon Mobil Corp Callable Note Cont 2/1/2021 2.222% Due 3/1/2021 1,795,000.00 Various 1.97% 1,815,422.45 1,803,183.01 99.55 2.47% 1,786,850.70 3,323.74 0.89% (16,332.31) Aaa / AA+ NR 1.92 1.86 369550BE7 General Dynamics Corp Note 3% Due 5/11/2021 2,390,000.00 Various 3.25% 2,373,224.70 2,378,142.10 100.90 2.56% 2,411,586.48 27,883.34 1.21% 33,444.38 A2 / A+ NR 2.12 2.01 22160KAJ4 Costco Wholesale Corp Note 2.15% Due 5/18/2021 1,000,000.00 08/14/2017 2.01% 1,005,170.00 1,002,935.96 99.62 2.33% 996,242.00 7,943.06 0.50% (6,693.96) Aa3 / A+ A+ 2.13 2.05 857477AV5 State Street Bank Note 1.95% Due 5/19/2021 1,420,000.00 Various 2.33% 1,403,476.60 1,408,917.71 98.68 2.59% 1,401,194.94 10,153.00 0.70% (7,722.77) A1 / A AA- 2.14 2.06 594918BP8 Microsoft Callable Note Cont 7/8/21 1.55% Due 8/8/2021 1,225,000.00 Various 1.57% 1,223,545.75 1,224,315.08 97.61 2.60% 1,195,738.43 2,795.38 0.60% (28,576.65) Aaa / AAA AA+ 2.36 2.28 68389XBK0 Oracle Corp Callable Note Cont 8/01/21 1.9% Due 9/15/2021 2,565,000.00 Various 2.40% 2,507,672.07 2,535,249.76 98.36 2.59% 2,522,818.58 2,166.00 1.26% (12,431.18) A1 / AA- A 2.46 2.38 24422ETL3 John Deere Capital Corp Note 2.65% Due 1/6/2022 1,750,000.00 09/21/2017 2.26% 1,777,457.50 1,767,749.06 99.96 2.67% 1,749,245.75 10,949.65 0.88% (18,503.31) A2 / A A 2.77 2.63 89236TDP7 Toyota Motor Credit Corp Note 2.6% Due 1/11/2022 2,500,000.00 Various 3.01% 2,464,204.46 2,473,026.93 100.05 2.58% 2,501,245.00 14,444.44 1.25% 28,218.07 Aa3 / AA- A+ 2.79 2.65 91159HHP8 US Bancorp Callable Cont 12/23/2021 2.625% Due 1/24/2022 1,000,000.00 01/19/2017 2.66% 998,280.00 999,030.73 100.11 2.58% 1,001,098.00 4,885.42 0.50% 2,067.27 A1 / A+ AA- 2.82 2.61 674599CK9 Occidental Petroleum Callable Note Cont 3/15/2022 2.6% Due 4/15/2022 2,350,000.00 06/18/2018 3.27% 2,293,929.00 2,305,384.37 99.94 2.62% 2,348,557.10 28,173.89 1.18% 43,172.73 A3 / A A 3.04 2.87 69353RFE3 PNC Bank Callable Note Cont 6/28/2022 2.45% Due 7/28/2022 2,365,000.00 07/25/2017 2.45% 2,364,787.15 2,364,858.49 99.62 2.57% 2,355,894.75 10,139.94 1.18% (8,963.74) A2 / A A+ 3.33 3.16 44932HAC7 IBM Credit Corp Note 2.2% Due 9/8/2022 2,400,000.00 Various 2.63% 2,354,504.00 2,366,771.42 98.06 2.80% 2,353,449.60 3,373.33 1.17% (13,321.82) A1 / A A 3.44 3.28 Execution Time: 4/1/2019 9:09:50 PMChandler Asset Management - CONFIDENTIAL Page 8 63/160 Holdings Report As of March 31, 2019 City of Chino Hills Account #10150 CUSIP Security Description Par Value/Units Purchase Date Book Yield Cost Value Book Value Mkt Price Mkt YTM Market Value Accrued Int. % of Port. Gain/Loss Moody/S&P Fitch Maturity Duration US CORPORATE 48128BAB7 JP Morgan Chase & Co Callable Note 1X 1/15/2022 2.972% Due 1/15/2023 2,400,000.00 Various 3.23% 2,372,445.00 2,378,628.10 99.96 2.98% 2,398,996.80 15,058.14 1.20% 20,368.70 A2 / A- AA- 3.80 3.09 24422ETG4 John Deere Capital Corp Note 2.8% Due 3/6/2023 1,000,000.00 02/19/2019 3.00% 992,320.00 992,523.20 100.40 2.69% 1,003,972.00 1,944.44 0.50% 11,448.80 A2 / A A 3.93 3.69 084670BR8 Berkshire Hathaway Callable Note Cont 1/15/2023 2.75% Due 3/15/2023 2,400,000.00 11/26/2018 3.51% 2,328,216.00 2,333,892.80 100.60 2.58% 2,414,323.20 2,933.33 1.20% 80,430.40 Aa2 / AA A+ 3.96 3.58 037833AK6 Apple Inc Note 2.4% Due 5/3/2023 1,785,000.00 11/28/2018 3.54% 1,702,515.15 1,708,746.20 99.03 2.65% 1,767,771.18 17,612.00 0.89% 59,024.98 Aa1 / AA+ NR 4.09 3.83 097023BQ7 Boeing Co Callable Note Cont 4/15/2023 1.875% Due 6/15/2023 1,700,000.00 02/13/2019 2.98% 1,624,469.00 1,626,618.84 96.11 2.86% 1,633,881.90 9,385.42 0.82% 7,263.06 A2 / A A 4.21 3.98 02665WCJ8 American Honda Finance Note 3.45% Due 7/14/2023 755,000.00 07/11/2018 3.49% 753,693.85 753,879.32 102.76 2.76% 775,824.41 5,571.27 0.39% 21,945.09 A2 / A NR 4.29 3.94 69371RP59 Paccar Financial Corp Note 3.4% Due 8/9/2023 1,910,000.00 08/06/2018 3.41% 1,909,216.90 1,909,317.68 101.27 3.09% 1,934,188.24 9,380.22 0.97% 24,870.56 A1 / A+ NR 4.36 4.01 02665WCQ2 American Honda Finance Note 3.625% Due 10/10/2023 1,870,000.00 10/03/2018 3.64% 1,868,466.60 1,868,611.88 103.55 2.79% 1,936,328.90 32,199.06 0.98% 67,717.02 A2 / A NR 4.53 4.09 06051GHF9 Bank of America Corp Callable Note 1X 3/5/2023 3.55% Due 3/5/2024 2,300,000.00 03/06/2019 3.44% 2,309,361.00 2,309,206.91 101.55 3.12% 2,335,682.20 5,896.94 1.16% 26,475.29 A2 / A- A+ 4.93 3.64 Total US Corporate 56,385,000.00 2.65% 56,039,040.03 56,050,795.40 2.67% 56,267,729.69 331,509.06 28.15% 216,934.29 A1 / A+ A+ 2.68 2.47 US TREASURY 912828H52 US Treasury Note 1.25% Due 1/31/2020 2,400,000.00 Various 1.49% 2,375,218.98 2,395,369.65 99.03 2.43% 2,376,655.20 4,972.37 1.18% (18,714.45) Aaa / AA+ AAA 0.84 0.82 912828J84 US Treasury Note 1.375% Due 3/31/2020 2,250,000.00 10/23/2015 1.35% 2,252,204.80 2,250,497.37 98.98 2.41% 2,227,061.25 84.53 1.11% (23,436.12) Aaa / AA+ AAA 1.00 0.98 912828VF4 US Treasury Note 1.375% Due 5/31/2020 2,350,000.00 07/10/2015 1.62% 2,323,478.58 2,343,666.97 98.82 2.40% 2,322,368.70 10,830.01 1.16% (21,298.27) Aaa / AA+ AAA 1.17 1.14 912828XM7 US Treasury Note 1.625% Due 7/31/2020 2,500,000.00 02/27/2017 1.57% 2,504,695.88 2,501,830.98 99.00 2.39% 2,474,902.50 6,733.43 1.23% (26,928.48) Aaa / AA+ AAA 1.34 1.31 Execution Time: 4/1/2019 9:09:50 PMChandler Asset Management - CONFIDENTIAL Page 9 64/160 Holdings Report As of March 31, 2019 City of Chino Hills Account #10150 CUSIP Security Description Par Value/Units Purchase Date Book Yield Cost Value Book Value Mkt Price Mkt YTM Market Value Accrued Int. % of Port. Gain/Loss Moody/S&P Fitch Maturity Duration US TREASURY 912828L32 US Treasury Note 1.375% Due 8/31/2020 3,500,000.00 12/11/2017 1.91% 3,451,054.69 3,474,467.60 98.59 2.39% 3,450,783.00 4,184.78 1.72% (23,684.60) Aaa / AA+ AAA 1.42 1.39 912828L99 US Treasury Note 1.375% Due 10/31/2020 2,650,000.00 11/23/2015 1.71% 2,608,499.12 2,636,672.76 98.49 2.35% 2,609,939.95 15,299.72 1.31% (26,732.81) Aaa / AA+ AAA 1.59 1.54 912828N89 US Treasury Note 1.375% Due 1/31/2021 3,200,000.00 Various 1.48% 3,186,303.70 3,194,078.04 98.31 2.32% 3,146,000.00 7,292.81 1.57% (48,078.04) Aaa / AA+ AAA 1.84 1.80 912828B90 US Treasury Note 2% Due 2/28/2021 2,150,000.00 Various 1.55% 2,194,878.31 2,167,927.98 99.43 2.31% 2,137,738.55 3,739.13 1.07% (30,189.43) Aaa / AA+ AAA 1.92 1.86 912828Q37 US Treasury Note 1.25% Due 3/31/2021 3,200,000.00 Various 1.59% 3,155,350.56 3,178,931.93 98.02 2.27% 3,136,748.80 109.29 1.56% (42,183.13) Aaa / AA+ AAA 2.00 1.96 912828T34 US Treasury Note 1.125% Due 9/30/2021 3,200,000.00 11/09/2016 1.48% 3,145,885.73 3,172,321.38 97.32 2.23% 3,114,249.60 98.36 1.55% (58,071.78) Aaa / AA+ AAA 2.50 2.44 912828F96 US Treasury Note 2% Due 10/31/2021 2,800,000.00 01/27/2017 1.94% 2,807,337.51 2,803,992.28 99.36 2.26% 2,782,063.20 23,513.81 1.40% (21,929.08) Aaa / AA+ AAA 2.59 2.48 912828J43 US Treasury Note 1.75% Due 2/28/2022 3,610,000.00 03/13/2017 2.14% 3,544,721.85 3,571,647.74 98.62 2.24% 3,560,080.92 5,493.48 1.77% (11,566.82) Aaa / AA+ AAA 2.92 2.82 912828XG0 US Treasury Note 2.125% Due 6/30/2022 3,600,000.00 08/15/2017 1.82% 3,651,058.94 3,634,058.44 99.66 2.23% 3,587,767.20 19,230.66 1.79% (46,291.24) Aaa / AA+ AAA 3.25 3.11 912828L24 US Treasury Note 1.875% Due 8/31/2022 1,250,000.00 09/26/2017 1.87% 1,250,541.30 1,250,375.51 98.81 2.24% 1,235,156.25 2,038.04 0.62% (15,219.26) Aaa / AA+ AAA 3.42 3.28 912828L57 US Treasury Note 1.75% Due 9/30/2022 3,600,000.00 10/17/2017 1.99% 3,560,062.50 3,571,769.84 98.37 2.24% 3,541,219.20 172.13 1.76% (30,550.64) Aaa / AA+ AAA 3.50 3.37 912828N30 US Treasury Note 2.125% Due 12/31/2022 3,850,000.00 01/25/2018 2.46% 3,790,144.53 3,804,443.34 99.59 2.24% 3,834,207.30 20,566.13 1.92% 29,763.96 Aaa / AA+ AAA 3.76 3.57 Total US Treasury 46,110,000.00 1.78% 45,801,436.98 45,952,051.81 2.30% 45,536,941.62 124,358.68 22.71% (415,110.19) Aaa / AA+ AAA 2.27 2.20 TOTAL PORTFOLIO 201,179,398.43 2.20% 200,243,358.43 200,566,332.14 2.46% 200,172,024.77 863,124.78 100.00% (394,307.37) Aa1 / AA AAA 2.56 2.30 TOTAL MARKET VALUE PLUS ACCRUED 201,035,149.55 Execution Time: 4/1/2019 9:09:50 PMChandler Asset Management - CONFIDENTIAL Page 10 65/160 Transaction Ledger As of March 31, 2019 City of Chino Hills Account #10150 Transaction Type Settlement Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/Sold Total Amount Gain/Loss ACQUISITIONS Purchase 03/01/2019 31846V401 630,000.00 First American Govt Obligation MMKT Class-D 1.000 1.86%630,000.00 0.00 630,000.00 0.00 Purchase 03/01/2019 31846V401 26,636.20 First American Govt Obligation MMKT Class-D 1.000 1.86%26,636.20 0.00 26,636.20 0.00 Purchase 03/01/2019 31846V401 783.97 First American Govt Obligation MMKT Class-D 1.000 1.86%783.97 0.00 783.97 0.00 Purchase 03/06/2019 31846V401 14,000.00 First American Govt Obligation MMKT Class-D 1.000 1.86%14,000.00 0.00 14,000.00 0.00 Purchase 03/07/2019 89236TDP7 500,000.00 Toyota Motor Credit Corp Note 2.6% Due 1/11/2022 99.220 2.89%496,100.00 2,022.22 498,122.22 0.00 Purchase 03/08/2019 06051GHF9 2,300,000.00 Bank of America Corp Callable Note 1X 3/5/2023 3.55% Due 3/5/2024 100.407 3.46%2,309,361.00 680.42 2,310,041.42 0.00 Purchase 03/08/2019 31846V401 26,400.00 First American Govt Obligation MMKT Class-D 1.000 1.86%26,400.00 0.00 26,400.00 0.00 Purchase 03/11/2019 31846V401 20,872.50 First American Govt Obligation MMKT Class-D 1.000 1.86%20,872.50 0.00 20,872.50 0.00 Purchase 03/14/2019 31846V401 26,250.00 First American Govt Obligation MMKT Class-D 1.000 1.86%26,250.00 0.00 26,250.00 0.00 Purchase 03/15/2019 31846V401 57,367.50 First American Govt Obligation MMKT Class-D 1.000 1.86%57,367.50 0.00 57,367.50 0.00 Purchase 03/15/2019 31846V401 2,774.38 First American Govt Obligation MMKT Class-D 1.000 1.86%2,774.38 0.00 2,774.38 0.00 Purchase 03/15/2019 31846V401 1,058.33 First American Govt Obligation MMKT Class-D 1.000 1.86%1,058.33 0.00 1,058.33 0.00 Purchase 03/15/2019 31846V401 137,907.69 First American Govt Obligation MMKT Class-D 1.000 1.86%137,907.69 0.00 137,907.69 0.00 Purchase 03/15/2019 31846V401 159,117.19 First American Govt Obligation MMKT Class-D 1.000 1.86%159,117.19 0.00 159,117.19 0.00 Purchase 03/15/2019 31846V401 1,736.58 First American Govt Obligation MMKT Class-D 1.000 1.86%1,736.58 0.00 1,736.58 0.00 Purchase 03/15/2019 31846V401 1,374.33 First American Govt Obligation MMKT Class-D 1.000 1.86%1,374.33 0.00 1,374.33 0.00 Execution Time: 4/1/2019 9:09:50 PMChandler Asset Management - CONFIDENTIAL Page 11 66/160 Transaction Ledger As of March 31, 2019 City of Chino Hills Account #10150 Transaction Type Settlement Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/Sold Total Amount Gain/Loss ACQUISITIONS Purchase 03/15/2019 31846V401 4,902.33 First American Govt Obligation MMKT Class-D 1.000 1.86%4,902.33 0.00 4,902.33 0.00 Purchase 03/15/2019 31846V401 31,455.40 First American Govt Obligation MMKT Class-D 1.000 1.86%31,455.40 0.00 31,455.40 0.00 Purchase 03/15/2019 31846V401 103,196.36 First American Govt Obligation MMKT Class-D 1.000 1.86%103,196.36 0.00 103,196.36 0.00 Purchase 03/15/2019 31846V401 98,771.11 First American Govt Obligation MMKT Class-D 1.000 1.86%98,771.11 0.00 98,771.11 0.00 Purchase 03/15/2019 31846V401 167,277.61 First American Govt Obligation MMKT Class-D 1.000 1.86%167,277.61 0.00 167,277.61 0.00 Purchase 03/21/2019 31846V401 4,130.00 First American Govt Obligation MMKT Class-D 1.000 1.86%4,130.00 0.00 4,130.00 0.00 Purchase 03/25/2019 31846V401 403,666.67 First American Govt Obligation MMKT Class-D 1.000 1.86%403,666.67 0.00 403,666.67 0.00 Purchase 03/25/2019 31846V401 9,121.75 First American Govt Obligation MMKT Class-D 1.000 1.86%9,121.75 0.00 9,121.75 0.00 Purchase 03/25/2019 31846V401 7,921.06 First American Govt Obligation MMKT Class-D 1.000 1.86%7,921.06 0.00 7,921.06 0.00 Purchase 03/25/2019 31846V401 6,231.25 First American Govt Obligation MMKT Class-D 1.000 1.86%6,231.25 0.00 6,231.25 0.00 Purchase 03/28/2019 89114QCB2 2,300,000.00 Toronto Dominion Bank Note 3.25% Due 3/11/2024 101.266 2.97%2,329,118.00 3,529.86 2,332,647.86 0.00 Purchase 03/31/2019 31846V401 84,968.75 First American Govt Obligation MMKT Class-D 1.000 1.90%84,968.75 0.00 84,968.75 0.00 Subtotal 7,127,920.96 7,162,499.96 6,232.50 7,168,732.46 0.00 TOTAL ACQUISITIONS 7,127,920.96 7,162,499.96 6,232.50 7,168,732.46 0.00 Execution Time: 4/1/2019 9:09:50 PMChandler Asset Management - CONFIDENTIAL Page 12 67/160 Transaction Ledger As of March 31, 2019 City of Chino Hills Account #10150 Transaction Type Settlement Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/Sold Total Amount Gain/Loss DISPOSITIONS Sale 03/07/2019 31846V401 498,122.22 First American Govt Obligation MMKT Class-D 1.000 1.86%498,122.22 0.00 498,122.22 0.00 Sale 03/08/2019 31846V401 1,000,164.31 First American Govt Obligation MMKT Class-D 1.000 1.86%1,000,164.31 0.00 1,000,164.31 0.00 Sale 03/08/2019 91159HHH6 1,300,000.00 US Bancorp Callable Note Cont 3/25/2019 2.2% Due 4/25/2019 99.947 2.59%1,299,311.00 10,566.11 1,309,877.11 -818.91 Sale 03/28/2019 06406HCW7 1,815,000.00 Bank of New York Callable Note Cont 8/11/2019 2.3% Due 9/11/2019 99.841 2.65%1,812,114.15 1,971.29 1,814,085.44 -3,579.63 Sale 03/28/2019 31846V401 518,562.42 First American Govt Obligation MMKT Class-D 1.000 1.86%518,562.42 0.00 518,562.42 0.00 Subtotal 5,131,848.95 5,128,274.10 12,537.40 5,140,811.50 -4,398.54 Call 03/25/2019 91159HHH6 400,000.00 US Bancorp Callable Note Cont 3/25/2019 2.2% Due 4/25/2019 100.000 2.20%400,000.00 3,666.67 403,666.67 0.00 Subtotal 400,000.00 400,000.00 3,666.67 403,666.67 0.00 Paydown 03/15/2019 02587AAJ3 0.00 American Express Credit 2017-1 1.93% Due 9/15/2022 100.000 0.00 2,774.38 2,774.38 0.00 Paydown 03/15/2019 161571HF4 0.00 Chase CHAIT 2016-A5 1.27% Due 7/15/2021 100.000 0.00 1,058.33 1,058.33 0.00 Paydown 03/15/2019 43811BAC8 134,921.32 Honda Auto Receivables 2017-2 A3 1.68% Due 8/16/2021 100.000 134,921.32 2,986.37 137,907.69 0.00 Paydown 03/15/2019 47788BAB0 158,736.95 John Deere Owner Trust 2017-B A2A 1.59% Due 4/15/2020 100.000 158,736.95 380.24 159,117.19 0.00 Paydown 03/15/2019 47788BAD6 0.00 John Deere Owner Trust 2017-B A3 1.82% Due 10/15/2021 100.000 0.00 1,736.58 1,736.58 0.00 Paydown 03/15/2019 47788CAC6 0.00 John Deere Owner Trust 2016-B A4 2.66% Due 4/18/2022 100.000 0.00 1,374.33 1,374.33 0.00 Paydown 03/15/2019 47788EAC2 0.00 John Deere Owner Trust 2018-B A3 3.08% Due 11/15/2022 100.000 0.00 4,902.33 4,902.33 0.00 Execution Time: 4/1/2019 9:09:50 PMChandler Asset Management - CONFIDENTIAL Page 13 68/160 Transaction Ledger As of March 31, 2019 City of Chino Hills Account #10150 Transaction Type Settlement Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/Sold Total Amount Gain/Loss DISPOSITIONS Paydown 03/15/2019 47788MAC4 31,372.10 John Deere Owner Trust 2016-A A3 1.36% Due 4/15/2020 100.000 31,372.10 83.30 31,455.40 0.00 Paydown 03/15/2019 65478VAD9 102,091.96 NAROT 2016-B A3 1.32% Due 1/15/2021 100.000 102,091.96 1,104.40 103,196.36 0.00 Paydown 03/15/2019 89237RAB4 98,006.71 Toyota Auto Receivable 2017-C A2A 1.58% Due 7/15/2020 100.000 98,006.71 764.40 98,771.11 0.00 Paydown 03/15/2019 89238BAB8 164,698.59 Toyota Auto Receivables Owner 2018-A A2A 2.1% Due 10/15/2020 100.000 164,698.59 2,579.02 167,277.61 0.00 Paydown 03/21/2019 43815HAC1 0.00 Honda Auto Receivables Owner 2018-3 A3 2.95% Due 8/22/2022 100.000 0.00 4,130.00 4,130.00 0.00 Paydown 03/25/2019 3137B5JM6 0.00 FHLMC K034 A2 3.531% Due 7/25/2023 100.000 0.00 9,121.75 9,121.75 0.00 Paydown 03/25/2019 3137B7MZ9 0.00 FHLMC K036 A2Due 10/25/2023 100.000 0.00 7,921.06 7,921.06 0.00 Paydown 03/25/2019 3137BFDQ1 0.00 FHLMC K717 A2 2.991% Due 9/25/2021 100.000 0.00 6,231.25 6,231.25 0.00 Subtotal 689,827.63 689,827.63 47,147.74 736,975.37 0.00 Maturity 03/01/2019 17275RAR3 630,000.00 Cisco Systems Note 2.125% Due 3/1/2019 100.000 630,000.00 0.00 630,000.00 0.00 Subtotal 630,000.00 630,000.00 0.00 630,000.00 0.00 Security Withdrawal 03/05/2019 31846V401 11,633.78 First American Govt Obligation MMKT Class-D 1.000 11,633.78 0.00 11,633.78 0.00 Security Withdrawal 03/26/2019 31846V401 104.17 First American Govt Obligation MMKT Class-D 1.000 104.17 0.00 104.17 0.00 Subtotal 11,737.95 11,737.95 0.00 11,737.95 0.00 TOTAL DISPOSITIONS 6,863,414.53 6,859,839.68 63,351.81 6,923,191.49 -4,398.54 OTHER TRANSACTIONS Interest 03/01/2019 17275RAR3 630,000.00 Cisco Systems Note 2.125% Due 3/1/2019 0.000 6,693.75 0.00 6,693.75 0.00 Execution Time: 4/1/2019 9:09:50 PMChandler Asset Management - CONFIDENTIAL Page 14 69/160 Transaction Ledger As of March 31, 2019 City of Chino Hills Account #10150 Transaction Type Settlement Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/Sold Total Amount Gain/Loss OTHER TRANSACTIONS Interest 03/01/2019 30231GAV4 1,795,000.00 Exxon Mobil Corp Callable Note Cont 2/1/2021 2.222% Due 3/1/2021 0.000 19,942.45 0.00 19,942.45 0.00 Interest 03/06/2019 24422ETG4 1,000,000.00 John Deere Capital Corp Note 2.8% Due 3/6/2023 0.000 14,000.00 0.00 14,000.00 0.00 Interest 03/08/2019 44932HAC7 2,400,000.00 IBM Credit Corp Note 2.2% Due 9/8/2022 0.000 26,400.00 0.00 26,400.00 0.00 Interest 03/11/2019 06406HCW7 1,815,000.00 Bank of New York Callable Note Cont 8/11/2019 2.3% Due 9/11/2019 0.000 20,872.50 0.00 20,872.50 0.00 Interest 03/14/2019 4581X0CZ9 3,000,000.00 Inter-American Dev Bank Note 1.75% Due 9/14/2022 0.000 26,250.00 0.00 26,250.00 0.00 Interest 03/15/2019 084670BR8 2,400,000.00 Berkshire Hathaway Callable Note Cont 1/15/2023 2.75% Due 3/15/2023 0.000 33,000.00 0.00 33,000.00 0.00 Interest 03/15/2019 68389XBK0 2,565,000.00 Oracle Corp Callable Note Cont 8/01/21 1.9% Due 9/15/2021 0.000 24,367.50 0.00 24,367.50 0.00 Interest 03/31/2019 912828J84 2,250,000.00 US Treasury Note 1.375% Due 3/31/2020 0.000 15,468.75 0.00 15,468.75 0.00 Interest 03/31/2019 912828L57 3,600,000.00 US Treasury Note 1.75% Due 9/30/2022 0.000 31,500.00 0.00 31,500.00 0.00 Interest 03/31/2019 912828Q37 3,200,000.00 US Treasury Note 1.25% Due 3/31/2021 0.000 20,000.00 0.00 20,000.00 0.00 Interest 03/31/2019 912828T34 3,200,000.00 US Treasury Note 1.125% Due 9/30/2021 0.000 18,000.00 0.00 18,000.00 0.00 Subtotal 27,855,000.00 256,494.95 0.00 256,494.95 0.00 Dividend 03/01/2019 31846V401 1,764,653.51 First American Govt Obligation MMKT Class-D 0.000 783.97 0.00 783.97 0.00 Subtotal 1,764,653.51 783.97 0.00 783.97 0.00 TOTAL OTHER TRANSACTIONS 29,619,653.51 257,278.92 0.00 257,278.92 0.00 Execution Time: 4/1/2019 9:09:50 PMChandler Asset Management - CONFIDENTIAL Page 15 70/160 Cash And Equivalents 230,289.56 230,289.56 3.26Mutual Funds-Equity 3,564,140.76 3,176,874.02 50.43Mutual Funds-Fixed Income 3,271,856.36 3,227,792.11 46.29Accrued Income1,127.291,127.29 0.02 00317501 40- -01-B -62 -094-010102 -19-02877-01PARS/CITY OF CHINO HILLS 115P Page 5 of 21ACCOUNT 6746053100 Period from March 1, 2019 to March 31, 201903/31/201903/31/2019 % OFASSETSMARKET BOOK VALUE MARKETTotal Assets 7,066,286.68 6,634,955.69 99.98Grand Total 7,067,413.97 6,636,082.98 100.00Estimated Annual Income 168,532.39ASSET SUMMARYCASH EQUIV & ACCRMUTUAL FUNDS71/160 1010101010101010101010101110110100010011101001010011101100101001001101010001110110110100001001000110100011101100001101011000001100010100010010011101100010111101110010000011010111101100111000011111110110000000101001000000101110001011100110111000001001100101100010100000100001100111100010001100111000001000010010011000010110111100010101011110110011101111100111011001100100101000001011111111111111111111First Am Govt 228,122.760 228,122.76 228,122.76.00 228,122.76425.12Ob Fd Cl Z1.0000.00.00 2.3131846V567 Asset Minor Code 1Cash2,166.802,166.802,166.80Ishares Core 3,719.000 1,058,278.64 894,318.98 163,959.66 1,013,541.48.00S P 500 Etf 284.560011,783.8644,737.16 1.92464287200 Asset Minor Code 94Ishares S P 2,098.000 361,611.28 285,140.7676,470.52 340,775.95.00500 Growth Etf 172.36005,665.1220,835.33 1.19464287309 Asset Minor Code 94Ishares S P 4,227.000 476,551.98 450,540.1626,011.82 464,443.90.00500 Value Etf 112.74001,672.5112,108.08 2.46464287408 Asset Minor Code 94 00317501 40- -01-B -62 -094-010102 -19-02877-01PARS/CITY OF CHINO HILLS 115P Page 6 of 21ACCOUNT 6746053100 Period from March 1, 2019 to March 31, 2019UNREALIZEDGAIN (LOSS) ADJ PRIOR MARKET /SHARES/MARKETSINCE INCEPTION/ ADJ PRIOR MARKET ENDING ACCRUALDESCRIPTIONFACE AMOUNTPRICE/UNIT BOOK VALUE CURRENT PERIOD UNREALIZED GAIN/LOSS YIELD ON MARKETMoney MarketsTotal Money Markets 228,122.760 228,122.76 228,122.76.00 228,122.76425.12.00.00 2.30CashTotal Cash.0002,166.802,166.80.002,166.80.00.00.00 0.00Total Cash And 228,122.760 230,289.56 230,289.56.00 230,289.56425.12Equivalents.00.00 2.28Mutual Funds-EquityASSET DETAILCash And EquivalentsMutual Funds72/160 Ishares Msci 7,182.000 465,824.52 437,496.5828,327.94 478,236.67.00Eafe Etf64.86004,066.31- 12,412.15 3.07464287465 Asset Minor Code 94Ishares 5,228.000 282,050.60 250,153.9731,896.63 275,533.77.00Russell Mid Cap Etf53.9500- 276.356,516.83 1.73464287499 Asset Minor Code 94Ishares 2,749.000 329,605.10 331,899.90- 2,294.80 356,311.54.00Russell 2000 Value Etf 119.9000- 11,484.17- 26,706.44 1.87464287630 Asset Minor Code 94Ishares 1,314.000 258,411.24 221,345.7437,065.50 262,018.18.00Russell 2000 Growth Etf 196.6600- 8,339.67- 3,606.94 0.65464287648 Asset Minor Code 94Vanguard Ftse 5,476.000 232,730.00 214,868.3117,861.69 230,195.97.00Emerging Markets Etf42.50004,559.262,534.03 2.56922042858 Asset Minor Code 94Vanguard Real 1,140.00099,077.4091,109.627,967.7892,693.30702.13Estate Etf86.91003,235.216,384.10 3.96922908553 Asset Minor Code 94Ishares Core 22,104.000 2,410,883.28 2,372,985.8637,897.42 2,350,027.09.00U.S. Aggregate Bond Etf 109.070044,439.6560,856.19 2.72464287226 Asset Minor Code 95Vanguard 81,300.574 860,973.08 854,806.256,166.83 848,677.75.04Short Term Invt Grade #53910.59005,725.6012,295.33 2.84922031836 Asset Minor Code 99 00317501 40- -01-B -62 -094-010102 -19-02877-01PARS/CITY OF CHINO HILLS 115P Page 7 of 21ACCOUNT 6746053100 Period from March 1, 2019 to March 31, 2019UNREALIZEDGAIN (LOSS) ADJ PRIOR MARKET /SHARES/MARKETSINCE INCEPTION/ ADJ PRIOR MARKET ENDING ACCRUALDESCRIPTIONFACE AMOUNTPRICE/UNIT BOOK VALUE CURRENT PERIOD UNREALIZED GAIN/LOSS YIELD ON MARKETTotal Mutual Funds-Equity 33,133.000 3,564,140.76 3,176,874.02 387,266.74 3,513,750.76702.1310,882.0850,390.00 2.05Mutual Funds-Fixed IncomeTotal Mutual Funds-Fixed 103,404.574 3,271,856.36 3,227,792.1144,064.25 3,198,704.84.04Income50,165.2573,151.52 2.75ASSET DETAIL (continued)73/160 1010101010101010101010101110110010010011101001010011101100101001001111010001110110110100111001011010100011110100001100011000001100010011110010011100100101100011110010000010011010101100111001001100010110000000101101010000101110001101111000111000001001000101010010100000100111110011100010011001100011001001001100110100011110101010011000110110110000011110101001011001100000011011001011111111111111111111Time 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 notpublicly 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 lessfrequently than statement generation.For further information, please contact your account manager or relationship manager. 00317501 40- -01-B -62 -094-010102 -19-02877-01PARS/CITY OF CHINO HILLS 115P Page 8 of 21ACCOUNT 6746053100 Period from March 1, 2019 to March 31, 2019UNREALIZEDGAIN (LOSS) ADJ PRIOR MARKET /SHARES/MARKETSINCE INCEPTION/ ADJ PRIOR MARKET ENDING ACCRUALDESCRIPTIONFACE AMOUNTPRICE/UNIT BOOK VALUE CURRENT PERIOD UNREALIZED GAIN/LOSS YIELD ON MARKETTotal Mutual Funds 136,537.574 6,835,997.12 6,404,666.13 431,330.99 6,712,455.60702.1761,047.33 123,541.52 2.38Total Assets 364,660.334 7,066,286.68 6,634,955.69 431,330.99 6,942,745.161,127.2961,047.33 123,541.52 2.38Accrued Income.0001,127.291,127.29Grand Total 364,660.334 7,067,413.97 6,636,082.98ASSET DETAIL (continued)ASSET DETAIL MESSAGES74/160 228,122.760 First Am Govt Ob Fd Cl Z 0.02364.53425.12364.53425.1231846V56704/01/19 3,719.000 Ishares Core S P 500 Etf 5.45.004,200.994,200.99.0046428720003/20/19 03/26/19 2,098.000 Ishares S P 500 Growth Etf 2.05.001,231.821,231.82.0046428730903/20/19 03/26/19 4,227.000 Ishares S P 500 Value Etf 2.78.002,709.902,709.90.0046428740803/20/19 03/26/19 5,228.000 Ishares Russell Mid Cap Etf 0.93.00966.13966.13.0046428749903/20/19 03/26/19 2,749.000 Ishares Russell 2000 Value Etf 2.24.001,421.091,421.09.0046428763003/20/19 03/26/19 1,314.000 Ishares Russell 2000 Growth Etf 1.28.00409.18409.18.0046428764803/20/19 03/26/19 5,476.000 Vanguard Ftse Emerging Markets Etf 1.09.00446.84446.84.0092204285803/25/19 03/28/19 1,140.000 Vanguard Real Estate Etf 3.44.00702.13.00702.1392290855303/28/19 04/02/19 22,104.000 Ishares Core U.S. Aggregate Bond Etf 2.97.005,694.795,694.79.0046428722603/01/19 03/07/19 00317501 40- -01-B -62 -094-010102 -19-02877-01PARS/CITY OF CHINO HILLS 115P Page 9 of 21ACCOUNT 6746053100 Period from March 1, 2019 to March 31, 2019SHARES/EX PAY ANN BEGINNINGINCOMEINCOMEENDINGFACE AMOUNT DESCRIPTIONDATE DATE RATE ACCRUALEARNEDRECEIVEDACCRUALCash And EquivalentsTotal Cash And Equivalents364.53425.12364.53425.12Mutual Funds-EquityTotal Mutual Funds-Equity.0012,088.0811,385.95702.13Mutual Funds-Fixed IncomeINCOME ACCRUAL DETAIL75/160 1010101010101010101010101110110000010011101001010011101100101001001111010000010110110100101001001110100011101100011001011000001100010110000010011100100011011111110010000010010111101100111001111011010110000000101010000000101110010001110000111000001010011110010010100001000000100011100011100100111000001001010001011010110110110010010011111010110110011110111011011001100000001001101011111111111111111111 81,300.574 Vanguard Short Term Invt Grade #539 0.30.022,166.822,166.80.0492203183603/29/19 04/01/19 00317501 40- -01-B -62 -094-010102 -19-02877-01PARS/CITY OF CHINO HILLS 115P Page 10 of 21ACCOUNT 6746053100 Period from March 1, 2019 to March 31, 2019SHARES/EX PAY ANN BEGINNINGINCOMEINCOMEENDINGFACE AMOUNT DESCRIPTIONDATE DATE RATE ACCRUALEARNEDRECEIVEDACCRUALTotal Mutual Funds-Fixed Income.027,861.617,861.59.04Grand Total364.5520,374.8119,612.071,127.29INCOME ACCRUAL DETAIL (continued)76/160 03/01/2019 Interest From 2/1/19 To 2/28/19364.5303/26/2019 1.129603 USD/Share On 3,719 Shares Due 3/26/194,200.9903/07/2019 0.266835 USD/Share On 21,342 Shares Due 3/7/195,694.7903/26/2019 0.1848 USD/Share On 5,228 Shares Due 3/26/19966.1303/26/2019 0.311397 USD/Share On 1,314 Shares Due 3/26/19409.1803/26/2019 0.516948 USD/Share On 2,749 Shares Due 3/26/191,421.0903/26/2019 0.587138 USD/Share On 2,098 Shares Due 3/26/191,231.82 00317501 40- -01-B -62 -094-010102 -19-02877-01PARS/CITY OF CHINO HILLS 115P Page 11 of 21ACCOUNT 6746053100 Period from March 1, 2019 to March 31, 2019DATE DESCRIPTIONCASHInterestFirst Am Govt Ob Fd Cl Z31846V567Total Interest364.53DividendsIshares Core S P 500 Etf464287200Ishares Core U.S. Aggregate Bond Etf464287226Ishares Russell Mid Cap Etf464287499Ishares Russell 2000 Growth Etf464287648Ishares Russell 2000 Value Etf464287630Ishares S P 500 Growth Etf464287309Ishares S P 500 Value Etf464287408INVESTMENT ACTIVITY77/160 101010101010101010101010111011011001001110100101001110110010100100111101000101011011010001100100111010001110010000111001100000110001010101001001110010010000010111001000001101110000110011100011001001011000000010010001000010111000110011111011100000100101101001001010011111011000101110001100100111100000100010011010001011011010101100111101101011010100010100011101100110110110100000101111111111111111111103/26/2019 0.641092 USD/Share On 4,227 Shares Due 3/26/192,709.9003/28/2019 0.0816 USD/Share On 5,476 Shares Due 3/28/19446.8403/31/2019 Dividend From 3/1/19 To 3/31/192,166.80 00317501 40- -01-B -62 -094-010102 -19-02877-01PARS/CITY OF CHINO HILLS 115P Page 12 of 21ACCOUNT 6746053100 Period from March 1, 2019 to March 31, 2019DATE DESCRIPTIONCASHVanguard Ftse Emerging Markets Etf922042858Vanguard Short Term Invt Grade #539922031836Total Dividends19,247.54INVESTMENT ACTIVITY (continued)78/160 03/26/2019 Collected- 1,826.22Charged For Period 02/01/2019 Thru 02/28/2019 00317501 40- -01-B -62 -094-010102 -19-02877-01PARS/CITY OF CHINO HILLS 115P Page 13 of 21ACCOUNT 6746053100 Period from March 1, 2019 to March 31, 2019DATE DESCRIPTIONCASHTrust FeesTrust FeesTotal Trust Fees- 1,826.22Total Trust Fees- 1,826.22Total Plan Expenses- 1,826.22PLAN EXPENSES79/160 101010101010101010101010111011010001001110100101001110110010100100110101000011011011010111100101101010001111110001100101100000110001010000001001110010001101101111001000001111001000110011100011011111011000000011001011100010111000111011011011100000100100000001001010010001111110001110001101111111110000100100111011001100011011100101010101110011011010110010101101100110011101101010101111111111111111111103/28/2019 Paid To # 6746050100- 1,453.07Per Dir Dtd 3/27/2019 00317501 40- -01-B -62 -094-010102 -19-02877-01PARS/CITY OF CHINO HILLS 115P Page 14 of 21ACCOUNT 6746053100 Period from March 1, 2019 to March 31, 2019DATE DESCRIPTIONCASHTransfers OutTransfer To Another AccountTotal Transfer To Another Account- 1,453.07Total Transfers Out- 1,453.07Total Other Activity- 1,453.07OTHER ACTIVITY80/160 03/04/2019 Purchased 2,250.680.00- 2,250.682,250.682,250.68 Units OfFirst Am Govt Ob Fd Cl ZTrade Date 3/4/1931846V56703/07/2019 Purchased 47,474.770.00- 47,474.7747,474.7747,474.77 Units OfFirst Am Govt Ob Fd Cl ZTrade Date 3/7/1931846V56703/26/2019 Purchased 10,939.110.00- 10,939.1110,939.1110,939.11 Units OfFirst Am Govt Ob Fd Cl ZTrade Date 3/26/1931846V56703/05/2019 Purchased 762762.00026.67- 81,355.6981,355.69Shares OfIshares Core U.S. Aggregate Bond EtfTrade Date 3/5/19Purchased Through Sanford C. Bernstein & Co., Ll762 Shares At 106.731 USD464287226 00317501 40- -01-B -62 -094-010102 -19-02877-01PARS/CITY OF CHINO HILLS 115P Page 15 of 21ACCOUNT 6746053100 Period from March 1, 2019 to March 31, 2019SHARES/DATE DESCRIPTIONFACE AMOUNT COMMISSIONCASH BOOK VALUECash And EquivalentsTotal First Am Govt Ob Fd Cl Z 60,664.560.00- 60,664.5660,664.56Total Cash And Equivalents 60,664.560.00- 60,664.5660,664.56Mutual Funds-Fixed IncomeTotal Ishares Core U.S. Aggregate Bond Etf762.00026.67- 81,355.6981,355.69PURCHASES81/160 101010101010101010101010111011001001001110100101001110110010100100110101000101011011010110100100001010001111010000011101100000110001011011001001110010001010100111001000001111010010110011100011111101011000000011000001000010111000110110010011100000101110001100001010000010000001101110001011001001110000100111010110111010111011111111011001111011010010010000110101100110110100100010101111111111111111111103/05/2019 Purchased 3,455.491.00- 36,317.2136,317.213,455.491 Shares OfVanguard Short Term Invt Grade #539Trade Date 3/5/193,455.491 Shares At 10.51 USD922031836 00317501 40- -01-B -62 -094-010102 -19-02877-01PARS/CITY OF CHINO HILLS 115P Page 16 of 21ACCOUNT 6746053100 Period from March 1, 2019 to March 31, 2019SHARES/DATE DESCRIPTIONFACE AMOUNT COMMISSIONCASH BOOK VALUETotal Vanguard Short Term Invt Grade #539 3,455.491.00- 36,317.2136,317.21Total Mutual Funds-Fixed Income 4,217.49126.67 - 117,672.90 117,672.90Total Purchases 64,882.05126.67 - 178,337.46 178,337.46PURCHASES (continued)82/160 03/06/2019 Sold- 36,317.210.0036,317.21- 36,317.21.00- 36,317.2136,317.21 Units Of.00First Am Govt Ob Fd Cl ZTrade Date 3/6/1931846V56703/26/2019 Sold- 1,826.220.001,826.22- 1,826.22.00- 1,826.221,826.22 Units Of.00First Am Govt Ob Fd Cl ZTrade Date 3/26/1931846V56703/28/2019 Sold- 1,006.230.001,006.23- 1,006.23.00- 1,006.231,006.23 Units Of.00First Am Govt Ob Fd Cl ZTrade Date 3/28/1931846V56703/05/2019 Sold 100 - 100.0003.5028,113.63- 24,047.304,066.33- 27,253.06Shares Of860.57Ishares Core S P 500 EtfTrade Date 3/5/19Sold Through Ubs Securities LLCPaid 3.50 USD BrokeragePaid 0.37 USD Sec Fee100 Shares At 281.175 USD464287200 00317501 40- -01-B -62 -094-010102 -19-02877-01PARS/CITY OF CHINO HILLS 115P Page 17 of 21ACCOUNT 6746053100 Period from March 1, 2019 to March 31, 2019PRIOR MARKET /SHARES/TRANSACTIONREALIZED PRIOR MARKETDATE DESCRIPTION FACE AMOUNT COMMISSIONPROCEEDS BOOK VALUEGAIN/LOSS REALIZED GAIN/LOSSCash And EquivalentsTotal First Am Govt Ob Fd- 39,149.660.0039,149.66- 39,149.66.00- 39,149.66Cl Z.00Total Cash And- 39,149.660.0039,149.66- 39,149.66.00- 39,149.66Equivalents.00Mutual Funds-EquityTotal Ishares Core S P- 100.0003.5028,113.63- 24,047.304,066.33- 27,253.06500 Etf860.57SALES AND MATURITIES83/160 101010101010101010101010111011000001001110100101001110110010100100110101000101011011010101100100001010001110110001110001100000110001000100001001110010000100010111001000001101010100110011100010111101011000000011101000000010111000010100110011100000111100001010001010011101100100011110001011001001110000100111101010110110011010001011010010101011001110110010100101100110111011100010101111111111111111111103/05/2019 Sold 51 - 51.0001.793,288.57- 3,106.70181.87- 3,396.00Shares Of- 107.43Ishares Msci Eafe EtfTrade Date 3/5/19Sold Through Ubs Securities LLCPaid 1.79 USD BrokeragePaid 0.04 USD Sec Fee51 Shares At 64.5176 USD46428746503/05/2019 Sold 318 - 318.00011.1317,064.01- 15,215.951,848.06- 16,759.70Shares Of304.31Ishares Russell Mid Cap EtfTrade Date 3/5/19Sold Through Ubs Securities LLCPaid 11.13 USD BrokeragePaid 0.22 USD Sec Fee318 Shares At 53.6961 USD46428749903/05/2019 Sold 147 - 147.0005.1529,330.76- 24,762.424,568.34- 29,312.54Shares Of18.22Ishares Russell 2000 Growth EtfTrade Date 3/5/19Sold Through Ubs Securities LLCPaid 5.15 USD BrokeragePaid 0.38 USD Sec Fee147 Shares At 199.5666 USD464287648 00317501 40- -01-B -62 -094-010102 -19-02877-01PARS/CITY OF CHINO HILLS 115P Page 18 of 21ACCOUNT 6746053100 Period from March 1, 2019 to March 31, 2019PRIOR MARKET /SHARES/TRANSACTIONREALIZED PRIOR MARKETDATE DESCRIPTION FACE AMOUNT COMMISSIONPROCEEDS BOOK VALUEGAIN/LOSS REALIZED GAIN/LOSSTotal Ishares Msci Eafe- 51.0001.793,288.57- 3,106.70181.87- 3,396.00Etf- 107.43Total Ishares Russell Mid- 318.00011.1317,064.01- 15,215.951,848.06- 16,759.70Cap Etf304.31Total Ishares Russell- 147.0005.1529,330.76- 24,762.424,568.34- 29,312.542000 Growth Etf18.22SALES AND MATURITIES (continued)84/160 03/05/2019 Sold 136 - 136.0004.7616,820.53- 16,419.93400.60- 17,627.64Shares Of- 807.11Ishares Russell 2000 Value EtfTrade Date 3/5/19Sold Through Ubs Securities LLCPaid 4.76 USD BrokeragePaid 0.22 USD Sec Fee136 Shares At 123.717 USD46428763003/05/2019 Sold 78 - 78.0002.7313,208.12- 10,601.042,607.08- 12,669.46Shares Of538.66Ishares S P 500 Growth EtfTrade Date 3/5/19Sold Through Ubs Securities LLCPaid 2.73 USD BrokeragePaid 0.17 USD Sec Fee78 Shares At 169.372 USD46428730903/05/2019 Sold 78 - 78.0002.738,756.19- 8,313.73442.46- 8,570.29Shares Of185.90Ishares S P 500 Value EtfTrade Date 3/5/19Sold Through Ubs Securities LLCPaid 2.73 USD BrokeragePaid 0.11 USD Sec Fee78 Shares At 112.2952 USD464287408 00317501 40- -01-B -62 -094-010102 -19-02877-01PARS/CITY OF CHINO HILLS 115P Page 19 of 21ACCOUNT 6746053100 Period from March 1, 2019 to March 31, 2019PRIOR MARKET /SHARES/TRANSACTIONREALIZED PRIOR MARKETDATE DESCRIPTION FACE AMOUNT COMMISSIONPROCEEDS BOOK VALUEGAIN/LOSS REALIZED GAIN/LOSSTotal Ishares Russell- 136.0004.7616,820.53- 16,419.93400.60- 17,627.642000 Value Etf- 807.11Total Ishares S P 500- 78.0002.7313,208.12- 10,601.042,607.08- 12,669.46Growth Etf538.66Total Ishares S P 500- 78.0002.738,756.19- 8,313.73442.46- 8,570.29Value Etf185.90SALES AND MATURITIES (continued)85/160 101010101010101010101010111011011001001110100101001110110010100100110101000101011011010100100100001010001110010000110101100000110001011101001001110010011101000111001000001111100110110011100101000101011000000010110010100010111001111000101011100000111101010100001010010011000001111110001011001001000000100111111110111110011010100111010100011011011011010100001101100110011001100100101111111111111111111103/05/2019 Sold 109 - 109.0003.824,609.74- 4,276.96332.78- 4,582.06Shares Of27.68Vanguard Ftse Emerging Markets EtfTrade Date 3/5/19Sold Through Ubs Securities LLCPaid 3.82 USD BrokeragePaid 0.06 USD Sec Fee109 Shares At 42.3268 USD92204285803/05/2019 Sold 23 - 23.000.811,944.12- 1,838.18105.94- 1,870.13Shares Of73.99Vanguard Real Estate EtfTrade Date 3/5/19Sold Through Ubs Securities LLCPaid 0.81 USD BrokeragePaid 0.03 USD Sec Fee23 Shares At 84.5636 USD922908553 00317501 40- -01-B -62 -094-010102 -19-02877-01PARS/CITY OF CHINO HILLS 115P Page 20 of 21ACCOUNT 6746053100 Period from March 1, 2019 to March 31, 2019PRIOR MARKET /SHARES/TRANSACTIONREALIZED PRIOR MARKETDATE DESCRIPTION FACE AMOUNT COMMISSIONPROCEEDS BOOK VALUEGAIN/LOSS REALIZED GAIN/LOSSTotal Vanguard Ftse- 109.0003.824,609.74- 4,276.96332.78- 4,582.06Emerging Markets Etf27.68Total Vanguard Real- 23.000.811,944.12- 1,838.18105.94- 1,870.13Estate Etf73.99Total Mutual Funds-Equity- 1,040.00036.42 123,135.67- 108,582.2114,553.46- 122,040.881,094.79Total Sales And- 40,189.66036.42 162,285.33- 147,731.8714,553.46- 161,190.54Maturities1,094.79SALES AND MATURITIES (continued)86/160