Loading...
08-13-2019 CC Rpt 13COUNCIL AGENDA STAFF REPORTCOUNCIL AGENDA STAFF REPORT TO: HONORABLE MAYOR AND CITY COUNCIL MEMBERS DATE: AUGUST 13, 2019 FROM: CITY MANAGER ITEM NO:13 SUBJECT:INVESTMENT REPORT FOR JUNE 2019 RECOMMENDATION: Receive and file the Investment Report for the month ended June 30, 2019. BACKGROUND/ANALYSIS: The Investment Report presents the City's cash and investments for the month ended June 30, 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 June 30, 2019, the City's investment portfolio had a market value of $236,887,354. 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). 22/658 FISCAL IMPACT: None. Respectfully Submitted,Recommended By: Attachments June 2019 Investment Report 23/658 Christa Buhagiar Finance Director 24/658 City of Chino Hills Investment Report Attachment No. 1 For the Month Ended June 30, 2019 Description Cost Value Cash and Cash Equivalents Citizens Business Bank -Checking $ 2,591,533 456,218 15,267,265 9,536 Citizens Business Bank -Payroll Citizens Business Bank -Certificate of Deposit Citizens Business Bank -Credit Card State of California Local Agency Investment Fund (LAIF) Los Angeles County Investment Pool (LACIP) * Investments -US Bank/ Chandler Asset Management Asset-Backed Securities Federal Agencies Collateralized Mortgage Obligation Foreign Corporate Money Market Funds Supranational US Corporate US Treasury Description Restricted Funds -Pension Stabilization Fund US Bank Money Markets Cash Mutual Funds -Equity Mutual Funds -Fixed Income Funds Held by Fiscal Agents US Bank Federal Home Loan Banks Discount Note First American Treasury Obligations Fund Class D (See Attached Supplemental) Total Investment Portfolio I Blended Yield of Cash and Investments * Benchmarks: LAIF LACIP * 6mo U.S . Treasury 2yr U.S . Treasury 5yr U.S. Treasury 10,945,918 70,498,443 15,308,412 2 ,329,118 168,766 5,340,925 52,223,442 44,364,410 Cost Value 245,179 1,826 3,257,658 3,176,817 7,481,099 277,976 $ 233,944,541 2.26%1 2.43% 2.19% 2.09% 1.75% 1 .76% Market Value $ 2,591,533 456,218 15,293,399 9,536 11,058,205 71,033,156 15 ,647,058 2,380,990 168,766 5,508,791 53,036,445 44,667,671 Interest/ Book Yield 0.00% 0.00% 0.66% 0.00% 2.43% 2.19% 2.69% 1.92% 2.77% 2.97% 1.85% 2.83% 2.68% 1.84% Market %of Maturity Date Portfolio n/a n/a 4/29/2020 n/a n/a n/a See attached See attached See attached See attached n/a See attached See attached See attached 1.09% 0.00% 0.19% 0.00% 6.44% 0.00% 4.67% 29.99% 6 .61% 1 .01% 0 .07% 2.33% 22.39% 18.86% Yield to % of Market Value Maturity Maturity Date Portfolio 245,179 1,826 3,737,360 3,278,926 7,494,319 277,976 $ 236,887,354 2 .27% 0.00% 2.07% 2 .75% 2 .29% 1.31% n/a n/a n/a n/a 8/30/2019 n/a 0.10% 0.00% 1.58% 1.38% 3.18% 0.11% 100.00% * 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: ~cco~ ' AP~ Christa Buhagiar, Finance Director 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 19,510$ 19,510$ 1.79%n/a 0.01% CHFA Water Revenue Bonds Series 2012 Reserve Fund Federal Home Loan Banks Discount Note 1,119,877 1,121,856 2.29%8/30/2019 0.47% CHFA Water Revenue Bonds Series 2012 Acquisition Fund First American Treasury Obligations Fund Class D 498 498 1.79%n/a 0.00% CHFA Water Revenue Bonds Series 2012 Interest Account First American Treasury Obligations Fund Class D 16 16 1.80%n/a 0.00% CHFA Water Revenue Bonds Series 2012 Principal Account First American Treasury Obligations Fund Class D 92 92 1.79%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 Federal Home Loan Banks Discount Note 730,009 731,299 2.29%8/30/2019 0.31% CHFA Revenue Bonds CFD #1 Rolling Ridge Reserve First American Treasury Obligations Fund Class D 13,398 13,398 1.79%n/a 0.01% CHFA Revenue Bonds CFD #2 Los Ranchos Bond Fund First American Treasury Obligations Fund Class D 8 8 1.84%n/a 0.00% CHFA Revenue Bonds CFD #2 Los Ranchos Reserve Fund Federal Home Loan Banks Discount Note 1,697,718 1,700,718 2.29%8/30/2019 0.72% CHFA Revenue Bonds CFD #2 Los Ranchos Reserve First American Treasury Obligations Fund Class D 29,724 29,724 1.79%n/a 0.01% CHFA Revenue Bonds CFD #5 Soquel Canyon Bond Fund First American Treasury Obligations Fund Class D 32 32 1.81%n/a 0.00% CHFA Revenue Bonds CFD #5 Soquel Canyon Reserve Federal Home Loan Banks Discount Note 2,024,929 2,028,508 2.29%8/30/2019 0.86% CHFA Revenue Bonds CFD #5 Soquel Canyon Reserve First American Treasury Obligations Fund Class D 35,489 35,489 1.79%n/a 0.01% 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 Federal Home Loan Banks Discount Note 186,978 187,308 2.29%8/30/2019 0.08% CFD #6 (Carbon Canyon Area) Special Tax Series 2006 Reserve First American Treasury Obligations Fund Class D 3,912 3,912 1.79%n/a 0.00% Reassessment District 10-1 LOIB Redemption First American Treasury Obligations Fund Class D 4 4 1.88%n/a 0.00% Reassessment District 10-1 LOIB Reserve Federal Home Loan Banks Discount Note 248,641 249,080 2.29%8/30/2019 0.11% Reassessment District 10-1 LOIB Reserve First American Treasury Obligations Fund Class D 690 690 1.79%n/a 0.00% CFD #9 (Rincon Village Area) Special Tax Refunding Series 2011 Bond First American Treasury Obligations Fund Class D 8,518 8,518 1.79%n/a 0.00% CFD #9 (Rincon Village Area) Special Tax Refunding Series 2011 Reserve Federal Home Loan Banks Discount Note 491,314 492,182 2.29%8/30/2019 0.21% CFD #9 (Rincon Village Area) Special Tax Refunding Series 2011 Reserve First American Treasury Obligations Fund Class D 186 186 1.79%n/a 0.00% CFD #9 (Rincon Village Area) Special Tax Refunding Series 2011 Interest First American Treasury Obligations Fund Class D 5 5 1.89%n/a 0.00% CFD #9 (Rincon Village Area) Special Tax Refunding Series 2011 Principal First American Treasury Obligations Fund Class D 168 168 1.79%n/a 0.00% CFD #10 (Fairfield Ranch) Special Tax Refunding Series 2010 Improvement First American Treasury Obligations Fund Class D 165,404 165,404 1.79%n/a 0.07% CFD #10 (Fairfield Ranch) Special Tax Refunding Series 2010 Interest First American Treasury Obligations Fund Class D 30 30 1.79%n/a 0.00% CFD #10 (Fairfield Ranch) Special Tax Refunding Series 2010 Principal First American Treasury Obligations Fund Class D 172 172 1.79%n/a 0.00% CFD #10 (Fairfield Ranch) Special Tax Refunding Series 2010 Reserve Federal Home Loan Banks Discount Note 981,633 983,368 2.29%8/30/2019 0.42% CFD #10 (Fairfield Ranch) Special Tax Refunding Series 2010 Reserve First American Treasury Obligations Fund Class D 117 117 1.79%n/a 0.00% Total Funds Held by Fiscal Agents 7,759,075$ 7,772,295$ 3.29% Funds Held by Fiscal Agents Supplemental Interest/ Yield to Maturity For the Month Ended June 30, 2019 City of Chino Hills 25/658 ACCOUNT SUMMARY Beg. Values as of 5/31/19 End Values as of 6/30/19 Market Value 202,129,494 203,501,081 Accrued Interest 1,016,152 971,515 Total Market Value 203,145,646 204,472,596 Income Earned 378,690 374,831 Cont/WD -11,885 Par 201,529,497 201,645,566 Book Value 201,082,138 201,515,107 Cost Value 200,756,475 201,179,433 TOP ISSUERS Government of United States 21.9% Federal National Mortgage Assoc 15.6% Federal Home Loan Mortgage Corp 14.0% Federal Home Loan Bank 12.9% John Deere ABS 1.7% Honda ABS 1.6% State Street Bank 1.6% Inter-American Dev Bank 1.5% Total 70.8% PORTFOLIO CHARACTERISTICS Average Modified Duration 2.41 Average Coupon 2.17% Average Purchase YTM 2.24% Average Market YTM 1.99% Average S&P/Moody Rating AA/Aa1 Average Final Maturity 2.66 yrs Average Life 2.52 yrs CREDIT QUALITY (S&P)MATURITY DISTRIBUTIONSECTOR ALLOCATION Portfolio Summary As of June 30, 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 0.66%1.73%3.20%4.92%2.37%1.59%1.72%N/A 1.47% ICE BAML 1-5 Yr US Treasury/Agency Index*0.65%1.81%3.05%4.88%2.24%1.32%1.54%N/A 1.24% *ICE BAML 1-3 Yr US Treasury/Agency Index to 7/31/12 Execution Time: 7/1/2019 9:19:56 PMChandler Asset Management - CONFIDENTIAL Page 1 26/658 34.9% 30% Agency 26.4% 25.7% US Corp 25% AA (64.4%) US Treasury 20% CM0 -7.7% 15% ABS -5.4% 10% AAA (5.8%) Supras l 2.7% 5% Foreign Corp 1 1.2 % 0.1% % 0 -.25 .25 -.5 .5 - 1 1 - 2 2 -3 3-4 4-5 5+ Money Mkt Fd I 0.1% Maturity (Yrs) 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 Securities"A" rating category 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 assets;  10% max of the outstanding commercial paper of any single issuer.Complies 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" rating category 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;  20% maximum (combined ABS, MBS, MPTs, CMOs);  5% max per issuer; Issuers not defined in sections 4 (U.S. Treasuries) and 5 (Federal Agencies) of the Authorized Investments section of the policy.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    CompliesLAIF Maximum amount permitted by LAIFCompliesLGIP Los Angles County Investment Pool (LACIP)CompliesRepurchase Agreements 102% collateralized;  1 year max maturityCompliesProhibitedInverse floaters, Range notes, Mortgage‐derived, Interest‐only strips; Zero interest accrual securities;  Securities on margin; Reverse Repurchase Agreements;  Foreign currency denominated securities;  No credit union may act as selected depository institution under Section 53601.8 or Section 53635.8 for certificates of deposit CompliesMax Callables 20% 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 Mutual Funds, LAIF, LACIP, or unless otherwise specified in the investment policy)CompliesMaximum maturity 5 yearsCompliesCity of Chino HillsAs of June 30, 2019Assets managed by Chandler Asset Management are in full compliance with state law and the Client's investment policy.Statement of Compliance27/658 BOOK VALUE RECONCILIATION BEGINNING BOOK VALUE $201,082,137.67 Acquisition + Security Purchases $8,908,134.81 + Money Market Fund Purchases $5,527,632.75 + Money Market Contributions $0.00 + Security Contributions $0.00 + Security Transfers $0.00 Total Acquisitions $14,435,767.56 Dispositions - Security Sales $5,083,656.97 - Money Market Fund Sales $6,176,593.52 - MMF Withdrawals $11,884.90 - Security Withdrawals $0.00 - Security Transfers $0.00 - Other Dispositions $0.00 - Maturites $2,200,000.00 - Calls $0.00 - Principal Paydowns $573,085.48 Total Dispositions $14,045,220.87 Amortization/Accretion +/- Net Accretion $17,037.05 $17,037.05 Gain/Loss on Dispositions +/- Realized Gain/Loss $25,385.35 $25,385.35 ENDING BOOK VALUE $201,515,106.76 CASH TRANSACTION SUMMARY BEGINNING BALANCE $829,611.50 Acquisition Contributions $0.00 Security Sale Proceeds $5,083,656.97 Accrued Interest Received $21,231.66 Interest Received $394,210.93 Dividend Received $1,003.26 Principal on Maturities $2,200,000.00 Interest on Maturities $0.00 Calls/Redemption (Principal)$0.00 Interest from Calls/Redemption $0.00 Principal Paydown $573,085.48 Total Acquisitions $8,273,188.30 Dispositions Withdrawals $11,884.90 Security Purchase $8,908,134.81 Accrued Interest Paid $14,014.26 Total Dispositions $8,934,033.97 ENDING BOOK VALUE $168,765.83 Reconciliation Summary As of June 30, 2019 City of Chino Hills Account #10150 Execution Time: 7/1/2019 9:19:56 PMChandler Asset Management - CONFIDENTIAL Page 3 28/658 C,\\ ---------- Holdings Report As of June 30, 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 89237RAB4 Toyota Auto Receivable 2017-C A2A 1.58% Due 7/15/2020 185,616.97 07/25/2017 1.59% 185,615.20 185,616.35 99.93 2.60% 185,482.90 130.34 0.09% (133.45) Aaa / AAA NR 1.04 0.07 89238BAB8 Toyota Auto Receivables Owner 2018-A A2A 2.1% Due 10/15/2020 793,721.73 01/23/2018 2.12% 793,640.61 793,682.98 99.93 2.49% 793,157.29 740.81 0.39% (525.69) Aaa / AAA NR 1.30 0.19 65478VAD9 NAROT 2016-B A3 1.32% Due 1/15/2021 583,878.88 12/06/2017 1.73% 580,174.65 582,036.56 99.73 2.47% 582,293.29 85.63 0.28% 256.73 Aaa / NR AAA 1.55 0.24 161571HF4 Chase CHAIT 2016-A5 1.27% Due 7/15/2021 1,000,000.00 09/27/2018 2.11% 988,320.31 991,477.60 99.96 2.54% 999,584.00 564.44 0.49% 8,106.40 NR / AAA AAA 2.04 0.03 43811BAC8 Honda Auto Receivables 2017-2 A3 1.68% Due 8/16/2021 1,595,532.39 04/27/2018 2.62% 1,570,726.85 1,579,524.16 99.71 2.16% 1,590,959.48 1,191.33 0.78% 11,435.32 Aaa / AAA NR 2.13 0.60 47788BAD6 John Deere Owner Trust 2017-B A3 1.82% Due 10/15/2021 928,050.43 Various 2.73% 918,273.28 921,389.26 99.74 2.27% 925,664.25 750.69 0.45% 4,274.99 Aaa / NR AAA 2.30 0.58 47788CAC6 John Deere Owner Trust 2016-B A4 2.66% Due 4/18/2022 620,000.00 02/21/2018 2.68% 619,955.42 619,969.83 100.46 2.21% 622,839.60 732.98 0.30% 2,869.77 Aaa / NR AAA 2.80 0.97 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 1,679,818.13 101.25 2.10% 1,701,006.72 1,376.67 0.83% 21,188.59 Aaa / NR AAA 3.15 1.44 02587AAJ3 American Express Credit 2017-1 1.93% Due 9/15/2022 1,725,000.00 Various 3.01% 1,699,587.14 1,704,741.50 99.80 2.27% 1,721,472.38 1,479.66 0.84% 16,730.88 Aaa / NR AAA 3.21 0.61 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 1,909,886.59 101.35 2.13% 1,935,744.85 2,614.58 0.95% 25,858.26 Aaa / NR AAA 3.38 1.38 Total ABS 11,021,800.40 2.69% 10,945,918.18 10,968,142.96 2.26% 11,058,204.76 9,667.13 5.41% 90,061.80 Aaa / AAA AAA 2.61 0.78 AGENCY 3135G0A78 FNMA Note 1.625% Due 1/21/2020 3,000,000.00 12/08/2017 1.88% 2,984,130.00 2,995,800.93 99.74 2.09% 2,992,242.00 21,666.67 1.47% (3,558.93) Aaa / AA+ AAA 0.56 0.55 3137EADR7 FHLMC Note 1.375% Due 5/1/2020 2,550,000.00 Various 1.59% 2,525,807.60 2,545,640.83 99.43 2.07% 2,535,439.50 5,843.75 1.24% (10,201.33) Aaa / AA+ AAA 0.84 0.82 313383HU8 FHLB Note 1.75% Due 6/12/2020 2,500,000.00 09/15/2015 1.66% 2,510,425.00 2,502,089.82 99.75 2.02% 2,493,700.00 2,309.03 1.22% (8,389.82) Aaa / AA+ NR 0.95 0.94 Execution Time: 7/1/2019 9:19:56 PMChandler Asset Management - CONFIDENTIAL Page 4 29/658 Ci\\ ---------- Holdings Report As of June 30, 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 3135G0D75 FNMA Note 1.5% Due 6/22/2020 2,625,000.00 09/29/2015 1.49% 2,626,417.50 2,625,293.02 99.49 2.03% 2,611,604.63 984.38 1.28% (13,688.39) Aaa / AA+ AAA 0.98 0.96 3137EAEK1 FHLMC Note 1.875% Due 11/17/2020 3,350,000.00 11/21/2017 1.96% 3,341,319.58 3,345,982.02 99.97 1.90% 3,348,944.75 7,677.08 1.64% 2,962.73 Aaa / AA+ AAA 1.39 1.35 3135G0F73 FNMA Note 1.5% Due 11/30/2020 2,700,000.00 12/16/2015 1.90% 2,648,970.00 2,685,395.83 99.51 1.85% 2,686,756.50 3,487.50 1.32% 1,360.67 Aaa / AA+ AAA 1.42 1.39 3130A7CV5 FHLB Note 1.375% Due 2/18/2021 2,235,000.00 02/17/2016 1.46% 2,225,970.60 2,232,044.56 99.27 1.83% 2,218,590.63 11,353.49 1.09% (13,453.93) Aaa / AA+ AAA 1.64 1.60 3135G0J20 FNMA Note 1.375% Due 2/26/2021 3,500,000.00 Various 1.59% 3,472,861.80 3,487,994.99 99.23 1.85% 3,473,085.00 16,710.07 1.71% (14,909.99) Aaa / AA+ AAA 1.66 1.62 3135G0K69 FNMA Note 1.25% Due 5/6/2021 2,875,000.00 Various 1.29% 2,869,786.50 2,873,045.65 98.97 1.82% 2,845,462.25 5,490.45 1.39% (27,583.40) Aaa / AA+ AAA 1.85 1.81 313379RB7 FHLB Note 1.875% Due 6/11/2021 1,695,000.00 08/30/2017 1.67% 1,707,780.30 1,701,584.63 100.03 1.86% 1,695,449.18 1,765.63 0.83% (6,135.45) Aaa / AA+ AAA 1.95 1.90 3130A8QS5 FHLB Note 1.125% Due 7/14/2021 2,800,000.00 07/22/2016 1.29% 2,778,272.00 2,791,093.32 98.75 1.75% 2,765,106.40 14,612.50 1.36% (25,986.92) Aaa / AA+ AAA 2.04 1.99 3137EAEC9 FHLMC Note 1.125% Due 8/12/2021 3,200,000.00 09/26/2016 1.28% 3,176,448.00 3,189,772.08 98.58 1.81% 3,154,508.80 13,900.00 1.55% (35,263.28) Aaa / AA+ AAA 2.12 2.07 3135G0N82 FNMA Note 1.25% Due 8/17/2021 3,200,000.00 09/28/2016 1.28% 3,195,072.00 3,197,849.70 98.86 1.80% 3,163,673.60 14,888.89 1.55% (34,176.10) Aaa / AA+ AAA 2.13 2.08 3130AABG2 FHLB Note 1.875% Due 11/29/2021 3,375,000.00 02/27/2017 1.89% 3,373,110.00 3,374,039.20 100.21 1.79% 3,382,111.13 5,625.00 1.66% 8,071.93 Aaa / AA+ AAA 2.42 2.35 3135G0S38 FNMA Note 2% Due 1/5/2022 3,400,000.00 Various 2.02% 3,396,588.25 3,398,263.98 100.52 1.79% 3,417,836.40 33,244.45 1.69% 19,572.42 Aaa / AA+ AAA 2.52 2.42 3135G0T45 FNMA Note 1.875% Due 4/5/2022 3,485,000.00 06/19/2017 1.88% 3,484,473.77 3,484,696.59 100.18 1.81% 3,491,245.12 15,609.90 1.72% 6,548.53 Aaa / AA+ AAA 2.77 2.67 3135G0T78 FNMA Note 2% Due 10/5/2022 3,500,000.00 12/08/2017 2.22% 3,465,595.00 3,476,685.18 100.70 1.78% 3,524,493.00 16,722.22 1.73% 47,807.82 Aaa / AA+ AAA 3.27 3.13 3130A3KM5 FHLB Note 2.5% Due 12/9/2022 2,750,000.00 12/15/2017 2.25% 2,782,010.00 2,772,144.51 102.42 1.77% 2,816,660.00 4,201.39 1.38% 44,515.49 Aaa / AA+ NR 3.45 3.29 3135G0T94 FNMA Note 2.375% Due 1/19/2023 3,500,000.00 04/11/2018 2.71% 3,448,410.00 3,461,581.29 101.97 1.80% 3,568,792.50 37,406.25 1.76% 107,211.21 Aaa / AA+ AAA 3.56 3.36 Execution Time: 7/1/2019 9:19:56 PMChandler Asset Management - CONFIDENTIAL Page 5 30/658 Ci\\ ---------- Holdings Report As of June 30, 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 3137EAEN5 FHLMC Note 2.75% Due 6/19/2023 3,750,000.00 07/20/2018 2.86% 3,731,175.00 3,734,778.22 103.54 1.82% 3,882,731.25 3,437.50 1.90% 147,953.03 Aaa / AA+ AAA 3.97 3.75 3130A0F70 FHLB Note 3.375% Due 12/8/2023 3,500,000.00 01/16/2019 2.73% 3,602,165.00 3,592,726.46 106.39 1.87% 3,723,548.50 7,546.88 1.82% 130,822.04 Aaa / AA+ AAA 4.44 4.12 3130AB3H7 FHLB Note 2.375% Due 3/8/2024 3,500,000.00 04/29/2019 2.37% 3,500,245.00 3,500,236.44 102.18 1.89% 3,576,209.00 26,092.01 1.76% 75,972.56 Aaa / AA+ NR 4.69 4.39 3130A1XJ2 FHLB Note 2.875% Due 6/14/2024 3,500,000.00 06/18/2019 1.96% 3,651,410.20 3,650,412.99 104.71 1.87% 3,664,965.51 4,751.74 1.79% 14,552.52 Aaa / AA+ NR 4.96 4.61 Total Agency 70,490,000.00 1.92% 70,498,443.10 70,619,152.24 1.86% 71,033,155.65 275,326.78 34.87% 414,003.41 Aaa / AA+ AAA 2.56 2.44 CMO 3137BFDQ1 FHLMC K717 A2 2.991% Due 9/25/2021 2,500,000.00 12/28/2018 2.89% 2,501,562.50 2,501,277.84 101.51 2.15% 2,537,730.00 6,231.25 1.24% 36,452.16 NR / NR AAA 2.24 1.96 3137BM6P6 FHLMC K721 A2 3.09% Due 8/25/2022 3,500,000.00 06/26/2019 2.09% 3,595,976.56 3,595,727.05 102.62 2.11% 3,591,609.00 9,012.50 1.76% (4,118.05) Aaa / NR NR 3.16 2.79 3137B5JM6 FHLMC K034 A2 3.531% Due 7/25/2023 3,100,000.00 08/28/2018 3.03% 3,165,753.91 3,154,580.52 105.34 2.08% 3,265,397.40 9,121.75 1.60% 110,816.88 NR / NR AAA 4.07 3.68 3137B7MZ9 FHLMC K036 A2 3.527% Due 10/25/2023 2,695,000.00 10/29/2018 3.32% 2,721,528.91 2,717,986.86 105.49 2.10% 2,843,055.22 1,584.21 1.39% 125,068.36 Aaa / NR AAA 4.32 3.86 3137BYPQ7 FHLMC K726 A2 2.905% Due 4/25/2024 3,300,000.00 04/22/2019 2.72% 3,323,589.84 3,322,724.75 103.31 2.12% 3,409,266.17 7,988.75 1.67% 86,541.42 NR / AAA NR 4.82 4.30 Total CMO 15,095,000.00 2.77% 15,308,411.72 15,292,297.02 2.11% 15,647,057.79 33,938.46 7.67% 354,760.77 Aaa / AAA AAA 3.77 3.36 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 2,327,589.71 103.52 2.45% 2,380,989.90 22,840.28 1.18% 53,400.19 Aa3 / A AA- 4.70 4.31 Total Foreign Corporate 2,300,000.00 2.97% 2,329,118.00 2,327,589.71 2.45% 2,380,989.90 22,840.28 1.18% 53,400.19 Aa3 / A AA- 4.70 4.31 Execution Time: 7/1/2019 9:19:56 PMChandler Asset Management - CONFIDENTIAL Page 6 31/658 Ci\\ ---------- Holdings Report As of June 30, 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 168,765.83 Various 1.85% 168,765.83 168,765.83 1.00 1.85% 168,765.83 0.00 0.08% 0.00 Aaa / AAA AAA 0.00 0.00 Total Money Market Fund FI 168,765.83 1.85% 168,765.83 168,765.83 1.85% 168,765.83 0.00 0.08% 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 2,479,600.17 100.53 1.91% 2,513,225.00 24,375.00 1.24% 33,624.83 Aaa / AAA NR 1.58 1.52 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 2,899,087.12 99.85 1.80% 2,995,566.00 15,604.17 1.47% 96,478.88 NR / NR AAA 3.21 3.09 Total Supranational 5,500,000.00 2.83% 5,340,925.00 5,378,687.29 1.85% 5,508,791.00 39,979.17 2.71% 130,103.71 Aaa / AAA AAA 2.46 2.37 US CORPORATE 94974BGF1 Wells Fargo Corp Note 2.15% Due 1/30/2020 2,025,000.00 Various 2.15% 2,024,153.60 2,025,009.39 99.91 2.31% 2,023,098.53 18,261.56 1.00% (1,910.86) A2 / A- A+ 0.59 0.57 747525AD5 Qualcomm Inc Note 2.25% Due 5/20/2020 1,930,000.00 Various 2.36% 1,918,856.25 1,928,328.70 99.97 2.29% 1,929,370.82 4,945.62 0.95% 1,042.12 A2 / A- NR 0.89 0.87 857477AS2 State Street Bank Note 2.55% Due 8/18/2020 1,750,000.00 01/21/2016 2.17% 1,778,420.00 1,757,062.35 100.44 2.15% 1,757,777.00 16,486.46 0.87% 714.65 A1 / A AA- 1.14 1.10 594918BG8 Microsoft Callable Note Cont. 10/03/20 2% Due 11/3/2020 1,025,000.00 Various 1.99% 1,025,086.50 1,025,058.40 99.96 2.03% 1,024,592.05 3,302.78 0.50% (466.35) Aaa / AAA AA+ 1.35 1.31 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 2,478,490.73 100.04 2.26% 2,476,059.30 9,171.25 1.22% (2,431.43) A3 / A A 1.35 1.23 92826CAB8 Visa Inc Note 2.2% Due 12/14/2020 1,800,000.00 Various 1.60% 1,845,865.00 1,815,017.59 100.16 2.09% 1,802,824.20 1,870.00 0.88% (12,193.39) Aa3 / AA- NR 1.46 1.42 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 2,529,797.54 100.42 2.22% 2,535,723.68 28,406.25 1.25% 5,926.14 Aa2 / AA- AA 1.56 1.50 Execution Time: 7/1/2019 9:19:56 PMChandler Asset Management - CONFIDENTIAL Page 7 32/658 Ci\\ ---------- Holdings Report As of June 30, 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 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 1,802,119.22 100.28 2.05% 1,799,973.95 13,294.97 0.89% (2,145.27) Aaa / AA+ NR 1.67 1.62 369550BE7 General Dynamics Corp Note 3% Due 5/11/2021 2,390,000.00 Various 3.25% 2,373,224.70 2,379,541.67 101.62 2.11% 2,428,698.88 9,958.34 1.19% 49,157.21 A2 / A+ NR 1.87 1.80 22160KAJ4 Costco Wholesale Corp Note 2.15% Due 5/18/2021 1,000,000.00 08/14/2017 2.01% 1,005,170.00 1,002,592.55 100.10 2.09% 1,001,010.00 2,568.06 0.49% (1,582.55) Aa3 / A+ NR 1.88 1.83 857477AV5 State Street Bank Note 1.95% Due 5/19/2021 1,420,000.00 Various 2.33% 1,403,476.60 1,410,212.30 99.74 2.09% 1,416,299.48 3,230.50 0.69% 6,087.18 A1 / A AA- 1.89 1.84 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 1,224,387.56 99.15 1.96% 1,214,570.35 7,542.26 0.60% (9,817.21) Aaa / AAA AA+ 2.11 2.05 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 2,538,264.54 99.49 2.14% 2,552,015.97 14,349.75 1.26% 13,751.43 A1 / AA- A 2.21 2.14 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 1,766,151.47 101.07 2.21% 1,768,793.25 22,543.40 0.88% 2,641.78 A2 / A A 2.52 2.39 89236TDP7 Toyota Motor Credit Corp Note 2.6% Due 1/11/2022 2,500,000.00 Various 3.01% 2,464,204.46 2,475,442.83 101.05 2.17% 2,526,157.50 30,694.44 1.25% 50,714.67 Aa3 / AA- A+ 2.54 2.41 91159HHP8 US Bancorp Callable Cont 12/23/2021 2.625% Due 1/24/2022 1,000,000.00 01/19/2017 2.66% 998,280.00 999,116.45 101.07 2.18% 1,010,690.00 11,447.92 0.50% 11,573.55 A1 / A+ AA- 2.57 2.37 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 2,364,869.10 101.03 2.09% 2,389,425.72 24,625.56 1.18% 24,556.62 A2 / A A+ 3.08 2.85 44932HAC7 IBM Credit Corp Note 2.2% Due 9/8/2022 2,400,000.00 Various 2.63% 2,354,504.00 2,369,178.91 99.75 2.28% 2,394,062.40 16,573.33 1.18% 24,883.49 A1 / A A 3.19 3.04 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 2,380,032.32 101.45 2.38% 2,434,831.20 32,890.14 1.21% 54,798.88 A2 / A- AA- 3.55 2.95 24422ETG4 John Deere Capital Corp Note 2.8% Due 3/6/2023 1,000,000.00 02/19/2019 3.00% 992,320.00 992,997.34 102.15 2.19% 1,021,526.00 8,944.44 0.50% 28,528.66 A2 / A A 3.68 3.46 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 2,338,058.83 101.62 2.27% 2,438,774.40 19,433.33 1.20% 100,715.57 Aa2 / AA A+ 3.71 3.34 037833AK6 Apple Inc Note 2.4% Due 5/3/2023 1,785,000.00 11/28/2018 3.54% 1,702,515.15 1,713,393.96 100.99 2.13% 1,802,675.07 6,902.00 0.88% 89,281.11 Aa1 / AA+ NR 3.84 3.64 Execution Time: 7/1/2019 9:19:56 PMChandler Asset Management - CONFIDENTIAL Page 8 33/658 Ci\\ ---------- Holdings Report As of June 30, 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 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 1,630,966.29 98.16 2.36% 1,668,745.50 1,416.67 0.82% 37,779.21 A2 / A A 3.96 3.78 02665WCJ8 American Honda Finance Note 3.45% Due 7/14/2023 755,000.00 07/11/2018 3.49% 753,693.85 753,944.48 104.30 2.33% 787,438.58 12,083.15 0.39% 33,494.10 A2 / A NR 4.04 3.71 69371RP59 Paccar Financial Corp Note 3.4% Due 8/9/2023 1,910,000.00 08/06/2018 3.41% 1,909,216.90 1,909,356.71 103.47 2.51% 1,976,255.99 25,615.22 0.98% 66,899.28 A1 / A+ NR 4.11 3.78 06406RAJ6 Bank of NY Mellon Corp Note 3.45% Due 8/11/2023 2,400,000.00 05/16/2019 2.79% 2,463,120.00 2,461,403.01 104.28 2.35% 2,502,679.20 32,200.00 1.24% 41,276.19 A1 / A AA- 4.12 3.78 02665WCQ2 American Honda Finance Note 3.625% Due 10/10/2023 1,870,000.00 10/03/2018 3.64% 1,868,466.60 1,868,688.30 105.24 2.33% 1,968,014.18 15,252.19 0.97% 99,325.88 A2 / A NR 4.28 3.93 06051GHF9 Bank of America Corp Callable Note 1X 3/5/2023 3.55% Due 3/5/2024 2,300,000.00 03/06/2019 3.41% 2,309,361.00 2,308,770.81 103.67 2.50% 2,384,361.70 26,309.44 1.18% 75,590.89 A2 / A- A+ 4.68 3.41 Total US Corporate 52,460,000.00 2.68% 52,223,441.53 52,248,253.35 2.23% 53,036,444.90 420,319.03 26.14% 788,191.55 A1 / A+ A+ 2.66 2.44 US TREASURY 912828VF4 US Treasury Note 1.375% Due 5/31/2020 2,350,000.00 07/10/2015 1.62% 2,323,478.58 2,345,019.80 99.42 2.01% 2,336,414.65 2,736.85 1.14% (8,605.15) Aaa / AA+ AAA 0.92 0.91 912828XM7 US Treasury Note 1.625% Due 7/31/2020 2,500,000.00 02/27/2017 1.57% 2,504,695.88 2,501,488.85 99.67 1.93% 2,491,700.00 16,945.79 1.23% (9,788.85) Aaa / AA+ AAA 1.09 1.06 912828L32 US Treasury Note 1.375% Due 8/31/2020 3,500,000.00 12/11/2017 1.91% 3,451,054.69 3,478,953.02 99.38 1.91% 3,478,398.00 16,085.26 1.71% (555.02) Aaa / AA+ AAA 1.17 1.15 912828L99 US Treasury Note 1.375% Due 10/31/2020 2,650,000.00 11/23/2015 1.71% 2,608,499.12 2,638,767.37 99.35 1.87% 2,632,817.40 6,138.93 1.29% (5,949.97) Aaa / AA+ AAA 1.34 1.31 912828N89 US Treasury Note 1.375% Due 1/31/2021 3,200,000.00 Various 1.48% 3,186,303.70 3,194,881.16 99.30 1.83% 3,177,500.80 18,353.59 1.56% (17,380.36) Aaa / AA+ AAA 1.59 1.55 912828B90 US Treasury Note 2% Due 2/28/2021 2,150,000.00 Various 1.55% 2,194,878.31 2,165,594.01 100.30 1.82% 2,156,467.20 14,372.28 1.06% (9,126.81) Aaa / AA+ AAA 1.67 1.62 912828Q37 US Treasury Note 1.25% Due 3/31/2021 3,200,000.00 Various 1.59% 3,155,350.56 3,181,558.22 99.06 1.80% 3,170,000.00 10,054.64 1.56% (11,558.22) Aaa / AA+ AAA 1.75 1.72 Execution Time: 7/1/2019 9:19:56 PMChandler Asset Management - CONFIDENTIAL Page 9 34/658 Ci\\ ---------- Holdings Report As of June 30, 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 912828T34 US Treasury Note 1.125% Due 9/30/2021 3,200,000.00 11/09/2016 1.48% 3,145,885.73 3,175,080.15 98.68 1.73% 3,157,750.40 9,049.18 1.55% (17,329.75) Aaa / AA+ AAA 2.25 2.20 912828F96 US Treasury Note 2% Due 10/31/2021 2,800,000.00 01/27/2017 1.94% 2,807,337.51 2,803,607.43 100.61 1.73% 2,816,954.00 9,434.78 1.38% 13,346.57 Aaa / AA+ AAA 2.34 2.27 912828J43 US Treasury Note 1.75% Due 2/28/2022 3,610,000.00 03/13/2017 2.14% 3,544,721.85 3,574,927.86 100.06 1.73% 3,612,256.25 21,115.56 1.78% 37,328.39 Aaa / AA+ AAA 2.67 2.58 912828XG0 US Treasury Note 2.125% Due 6/30/2022 3,600,000.00 08/15/2017 1.82% 3,651,058.94 3,631,445.19 101.18 1.72% 3,642,469.20 207.88 1.78% 11,024.01 Aaa / AA+ AAA 3.00 2.90 912828L24 US Treasury Note 1.875% Due 8/31/2022 1,250,000.00 09/26/2017 1.87% 1,250,541.30 1,250,348.13 100.45 1.73% 1,255,615.00 7,833.73 0.62% 5,266.87 Aaa / AA+ AAA 3.17 3.05 912828L57 US Treasury Note 1.75% Due 9/30/2022 3,600,000.00 10/17/2017 1.99% 3,560,062.50 3,573,779.97 100.07 1.73% 3,602,530.80 15,836.07 1.77% 28,750.83 Aaa / AA+ AAA 3.25 3.13 912828N30 US Treasury Note 2.125% Due 12/31/2022 3,850,000.00 01/25/2018 2.46% 3,790,144.53 3,807,469.36 101.36 1.72% 3,902,487.05 222.32 1.91% 95,017.69 Aaa / AA+ AAA 3.51 3.36 912828B66 US Treasury Note 2.75% Due 2/15/2024 1,500,000.00 04/29/2019 2.31% 1,529,648.44 1,528,599.24 104.42 1.75% 1,566,328.50 15,497.24 0.77% 37,729.26 Aaa / AA+ AAA 4.63 4.30 912828X70 US Treasury Note 2% Due 4/30/2024 1,650,000.00 Various 1.86% 1,660,748.05 1,660,698.60 101.09 1.76% 1,667,981.70 5,559.78 0.82% 7,283.10 Aaa / AA+ AAA 4.84 4.58 Total US Treasury 44,610,000.00 1.84% 44,364,409.69 44,512,218.36 1.79% 44,667,670.95 169,443.88 21.93% 155,452.59 Aaa / AA+ AAA 2.37 2.28 TOTAL PORTFOLIO 201,645,566.23 2.24% 201,179,433.05 201,515,106.76 1.99% 203,501,080.78 971,514.73 100.00% 1,985,974.02 Aa1 / AA AAA 2.66 2.41 TOTAL MARKET VALUE PLUS ACCRUED 204,472,595.51 Execution Time: 7/1/2019 9:19:56 PMChandler Asset Management - CONFIDENTIAL Page 10 35/658 Ci\\ ---------- Transaction Ledger As of June 30, 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 06/03/2019 31846V401 1,003.26 First American Govt Obligation MMKT Class-D 1.000 1.86%1,003.26 0.00 1,003.26 0.00 Purchase 06/08/2019 31846V401 59,062.50 First American Govt Obligation MMKT Class-D 1.000 1.86%59,062.50 0.00 59,062.50 0.00 Purchase 06/09/2019 31846V401 34,375.00 First American Govt Obligation MMKT Class-D 1.000 1.86%34,375.00 0.00 34,375.00 0.00 Purchase 06/11/2019 31846V401 15,890.63 First American Govt Obligation MMKT Class-D 1.000 1.86%15,890.63 0.00 15,890.63 0.00 Purchase 06/11/2019 912828X70 800,000.00 US Treasury Note 2% Due 4/30/2024 100.352 1.92%802,812.50 1,826.09 804,638.59 0.00 Purchase 06/12/2019 31846V401 21,875.00 First American Govt Obligation MMKT Class-D 1.000 1.86%21,875.00 0.00 21,875.00 0.00 Purchase 06/13/2019 31846V401 799,151.11 First American Govt Obligation MMKT Class-D 1.000 1.86%799,151.11 0.00 799,151.11 0.00 Purchase 06/14/2019 31846V401 19,800.00 First American Govt Obligation MMKT Class-D 1.000 1.86%19,800.00 0.00 19,800.00 0.00 Purchase 06/15/2019 31846V401 15,937.50 First American Govt Obligation MMKT Class-D 1.000 1.86%15,937.50 0.00 15,937.50 0.00 Purchase 06/17/2019 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 06/17/2019 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 06/17/2019 31846V401 133,030.93 First American Govt Obligation MMKT Class-D 1.000 1.86%133,030.93 0.00 133,030.93 0.00 Purchase 06/17/2019 31846V401 77,180.89 First American Govt Obligation MMKT Class-D 1.000 1.86%77,180.89 0.00 77,180.89 0.00 Purchase 06/17/2019 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 Purchase 06/17/2019 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 06/17/2019 31846V401 101,451.21 First American Govt Obligation MMKT Class-D 1.000 1.86%101,451.21 0.00 101,451.21 0.00 Execution Time: 7/1/2019 9:19:56 PMChandler Asset Management - CONFIDENTIAL Page 11 36/658 Ci\\ ---------- Transaction Ledger As of June 30, 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 06/17/2019 31846V401 96,521.26 First American Govt Obligation MMKT Class-D 1.000 1.86%96,521.26 0.00 96,521.26 0.00 Purchase 06/17/2019 31846V401 171,650.56 First American Govt Obligation MMKT Class-D 1.000 1.86%171,650.56 0.00 171,650.56 0.00 Purchase 06/19/2019 3130A1XJ2 1,315,000.00 FHLB Note 2.875% Due 6/14/2024 104.331 1.96%1,371,952.65 525.09 1,372,477.74 0.00 Purchase 06/19/2019 3130A1XJ2 2,185,000.00 FHLB Note 2.875% Due 6/14/2024 104.323 1.96%2,279,457.55 872.48 2,280,330.03 0.00 Purchase 06/19/2019 31846V401 51,562.50 First American Govt Obligation MMKT Class-D 1.000 1.86%51,562.50 0.00 51,562.50 0.00 Purchase 06/21/2019 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 06/22/2019 31846V401 19,687.50 First American Govt Obligation MMKT Class-D 1.000 1.86%19,687.50 0.00 19,687.50 0.00 Purchase 06/23/2019 31846V401 24,612.50 First American Govt Obligation MMKT Class-D 1.000 1.86%24,612.50 0.00 24,612.50 0.00 Purchase 06/23/2019 31846V401 2,200,000.00 First American Govt Obligation MMKT Class-D 1.000 1.86%2,200,000.00 0.00 2,200,000.00 0.00 Purchase 06/24/2019 31846V401 810,879.18 First American Govt Obligation MMKT Class-D 1.000 1.86%810,879.18 0.00 810,879.18 0.00 Purchase 06/25/2019 31846V401 749,302.79 First American Govt Obligation MMKT Class-D 1.000 1.86%749,302.79 0.00 749,302.79 0.00 Purchase 06/25/2019 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 06/25/2019 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 06/25/2019 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 06/25/2019 31846V401 7,988.75 First American Govt Obligation MMKT Class-D 1.000 1.86%7,988.75 0.00 7,988.75 0.00 Execution Time: 7/1/2019 9:19:56 PMChandler Asset Management - CONFIDENTIAL Page 12 37/658 Ci\\ ---------- Transaction Ledger As of June 30, 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 06/27/2019 912828X70 850,000.00 US Treasury Note 2% Due 4/30/2024 100.934 1.80%857,935.55 2,679.35 860,614.90 0.00 Purchase 06/28/2019 3137BM6P6 3,500,000.00 FHLMC K721 A2Due 8/25/2022 102.742 2.09%3,595,976.56 8,111.25 3,604,087.81 0.00 Purchase 06/30/2019 31846V401 79,156.25 First American Govt Obligation MMKT Class-D 1.000 1.85%79,156.25 0.00 79,156.25 0.00 Subtotal 14,177,632.75 14,435,767.56 14,014.26 14,449,781.82 0.00 TOTAL ACQUISITIONS 14,177,632.75 14,435,767.56 14,014.26 14,449,781.82 0.00 DISPOSITIONS Sale 06/11/2019 31846V401 804,638.59 First American Govt Obligation MMKT Class-D 1.000 1.86%804,638.59 0.00 804,638.59 0.00 Sale 06/13/2019 674599CK9 800,000.00 Occidental Petroleum Callable Note Cont 3/15/2022 2.6% Due 4/15/2022 99.475 2.79%795,800.00 3,351.11 799,151.11 9,989.43 Sale 06/19/2019 3135G0A78 500,000.00 FNMA Note 1.625% Due 1/21/2020 99.657 2.21%498,285.00 3,340.28 501,625.28 -973.99 Sale 06/19/2019 31846V401 907,252.22 First American Govt Obligation MMKT Class-D 1.000 1.86%907,252.22 0.00 907,252.22 0.00 Sale 06/19/2019 912828J84 2,250,000.00 US Treasury Note 1.375% Due 3/31/2020 99.430 2.11%2,237,167.97 6,762.30 2,243,930.27 -13,221.75 Sale 06/24/2019 674599CK9 805,000.00 Occidental Petroleum Callable Note Cont 3/15/2022 2.6% Due 4/15/2022 100.232 2.51%806,867.60 4,011.58 810,879.18 15,994.26 Sale 06/25/2019 674599CK9 745,000.00 Occidental Petroleum Callable Note Cont 3/15/2022 2.6% Due 4/15/2022 100.072 2.57%745,536.40 3,766.39 749,302.79 13,597.40 Sale 06/27/2019 31846V401 860,614.90 First American Govt Obligation MMKT Class-D 1.000 1.86%860,614.90 0.00 860,614.90 0.00 Execution Time: 7/1/2019 9:19:56 PMChandler Asset Management - CONFIDENTIAL Page 13 38/658 Ci\\ ---------- Transaction Ledger As of June 30, 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 06/28/2019 31846V401 3,604,087.81 First American Govt Obligation MMKT Class-D 1.000 1.85%3,604,087.81 0.00 3,604,087.81 0.00 Subtotal 11,276,593.52 11,260,250.49 21,231.66 11,281,482.15 25,385.35 Paydown 06/17/2019 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 06/17/2019 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 06/17/2019 43811BAC8 130,614.32 Honda Auto Receivables 2017-2 A3 1.68% Due 8/16/2021 100.000 130,614.32 2,416.61 133,030.93 0.00 Paydown 06/17/2019 47788BAD6 75,658.60 John Deere Owner Trust 2017-B A3 1.82% Due 10/15/2021 100.000 75,658.60 1,522.29 77,180.89 0.00 Paydown 06/17/2019 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 06/17/2019 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 Paydown 06/17/2019 65478VAD9 100,698.18 NAROT 2016-B A3 1.32% Due 1/15/2021 100.000 100,698.18 753.03 101,451.21 0.00 Paydown 06/17/2019 89237RAB4 96,150.27 Toyota Auto Receivable 2017-C A2A 1.58% Due 7/15/2020 100.000 96,150.27 370.99 96,521.26 0.00 Paydown 06/17/2019 89238BAB8 169,964.11 Toyota Auto Receivables Owner 2018-A A2A 2.1% Due 10/15/2020 100.000 169,964.11 1,686.45 171,650.56 0.00 Paydown 06/21/2019 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 06/25/2019 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 06/25/2019 3137B7MZ9 0.00 FHLMC K036 A2Due 10/25/2023 100.000 0.00 7,921.06 7,921.06 0.00 Paydown 06/25/2019 3137BFDQ1 0.00 FHLMC K717 A2 2.991% Due 9/25/2021 100.000 0.00 6,231.25 6,231.25 0.00 Execution Time: 7/1/2019 9:19:56 PMChandler Asset Management - CONFIDENTIAL Page 14 39/658 Ci\\ ---------- Transaction Ledger As of June 30, 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 06/25/2019 3137BYPQ7 0.00 FHLMC K726 A2 2.905% Due 4/25/2024 100.000 0.00 7,988.75 7,988.75 0.00 Subtotal 573,085.48 573,085.48 52,251.55 625,337.03 0.00 Maturity 06/23/2019 40434CAC9 2,200,000.00 HSBC USA Inc Note 2.25% Due 6/23/2019 100.000 2,200,000.00 0.00 2,200,000.00 0.00 Subtotal 2,200,000.00 2,200,000.00 0.00 2,200,000.00 0.00 Security Withdrawal 06/05/2019 31846V401 11,780.73 First American Govt Obligation MMKT Class-D 1.000 11,780.73 0.00 11,780.73 0.00 Security Withdrawal 06/25/2019 31846V401 104.17 First American Govt Obligation MMKT Class-D 1.000 104.17 0.00 104.17 0.00 Subtotal 11,884.90 11,884.90 0.00 11,884.90 0.00 TOTAL DISPOSITIONS 14,061,563.90 14,045,220.87 73,483.21 14,118,704.08 25,385.35 OTHER TRANSACTIONS Interest 06/08/2019 3130A0F70 3,500,000.00 FHLB Note 3.375% Due 12/8/2023 0.000 59,062.50 0.00 59,062.50 0.00 Interest 06/09/2019 3130A3KM5 2,750,000.00 FHLB Note 2.5% Due 12/9/2022 0.000 34,375.00 0.00 34,375.00 0.00 Interest 06/11/2019 313379RB7 1,695,000.00 FHLB Note 1.875% Due 6/11/2021 0.000 15,890.63 0.00 15,890.63 0.00 Interest 06/12/2019 313383HU8 2,500,000.00 FHLB Note 1.75% Due 6/12/2020 0.000 21,875.00 0.00 21,875.00 0.00 Interest 06/14/2019 92826CAB8 1,800,000.00 Visa Inc Note 2.2% Due 12/14/2020 0.000 19,800.00 0.00 19,800.00 0.00 Interest 06/15/2019 097023BQ7 1,700,000.00 Boeing Co Callable Note Cont 4/15/2023 1.875% Due 6/15/2023 0.000 15,937.50 0.00 15,937.50 0.00 Interest 06/19/2019 3137EAEN5 3,750,000.00 FHLMC Note 2.75% Due 6/19/2023 0.000 51,562.50 0.00 51,562.50 0.00 Execution Time: 7/1/2019 9:19:56 PMChandler Asset Management - CONFIDENTIAL Page 15 40/658 Ci\\ ---------- Transaction Ledger As of June 30, 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 06/22/2019 3135G0D75 2,625,000.00 FNMA Note 1.5% Due 6/22/2020 0.000 19,687.50 0.00 19,687.50 0.00 Interest 06/23/2019 40434CAC9 2,200,000.00 HSBC USA Inc Note 2.25% Due 6/23/2019 0.000 24,612.50 0.00 24,612.50 0.00 Interest 06/30/2019 912828N30 3,850,000.00 US Treasury Note 2.125% Due 12/31/2022 0.000 40,906.25 0.00 40,906.25 0.00 Interest 06/30/2019 912828XG0 3,600,000.00 US Treasury Note 2.125% Due 6/30/2022 0.000 38,250.00 0.00 38,250.00 0.00 Subtotal 29,970,000.00 341,959.38 0.00 341,959.38 0.00 Dividend 06/03/2019 31846V401 829,611.50 First American Govt Obligation MMKT Class-D 0.000 1,003.26 0.00 1,003.26 0.00 Subtotal 829,611.50 1,003.26 0.00 1,003.26 0.00 TOTAL OTHER TRANSACTIONS 30,799,611.50 342,962.64 0.00 342,962.64 0.00 Execution Time: 7/1/2019 9:19:56 PMChandler Asset Management - CONFIDENTIAL Page 16 41/658 Ci\\ ---------- Estimated Annual Income is an estimate provided for informational purposes onlyand should not be relied on for making investment, trading, or tax decisions. Theestimates may not represent the actual value earned by your investments andthey provide no guarantee of what your investments may earn in the future.Cash And Equivalents 247,005.42 247,005.42 3.40Mutual Funds-Equity 3,737,359.77 3,257,658.06 51.44Mutual Funds-Fixed Income 3,278,925.97 3,176,816.60 45.13Accrued Income 2,072.78 2,072.78 0.03 00335501 40- -01-B -62 -185-010102 -19-02877-01PARS/CITY OF CHINO HILLS 115P Page 5 of 21ACCOUNT 6746053100 Period from June 1, 2019 to June 30, 201906/30/201906/30/2019 % OFASSETSMARKET BOOK VALUE MARKETTotal Assets 7,263,291.16 6,681,480.08 99.97Grand Total 7,265,363.94 6,683,552.86 100.00Estimated Annual Income 173,596.46ASSET SUMMARYASSET SUMMARY MESSAGESCASH EQUIV & ACCRMUTUAL FUNDS42/658 1010101010101010101010110011010010011011101001100101100000101001001100110001110110010010011001000010100101110000001111011000000000010011110010010000110010111011110010000011010100001101001001111010010110000000110001100000101010011011110100111000001111000000010010100100100011011111100010101001111111001000000000110000011110110011100000101010110110010100110011011010101111101000001011111111111111111111First Am Govt 245,179.330 245,179.33 245,179.33.00 245,179.33433.70Ob Fd Cl Z1.0000.00.00 2.2731846V567 Asset Minor Code 1Cash1,826.091,826.091,826.09Ishares Core 3,757.000 1,107,375.75 905,025.59 202,350.16 1,024,248.09.00S P 500 Etf 294.750065,390.4483,127.66 2.02464287200 Asset Minor Code 94Ishares S P 2,461.000 441,109.64 347,129.4093,980.24 402,764.59.00500 Growth Etf 179.240023,027.4638,345.05 1.29464287309 Asset Minor Code 94Ishares S P 3,772.000 439,702.04 402,043.4137,658.63 414,450.53.00500 Value Etf 116.570029,569.2925,251.51 2.32464287408 Asset Minor Code 94 00335501 40- -01-B -62 -185-010102 -19-02877-01PARS/CITY OF CHINO HILLS 115P Page 6 of 21ACCOUNT 6746053100 Period from June 1, 2019 to June 30, 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 245,179.330 245,179.33 245,179.33.00 245,179.33433.70.00.00 2.27CashTotal Cash.0001,826.091,826.09.001,826.09.00.00.00 0.00Total Cash And 245,179.330 247,005.42 247,005.42.00 247,005.42433.70Equivalents.00.00 2.25Mutual Funds-EquityASSET DETAILCash And EquivalentsMutual Funds43/658 Ishares Msci 6,366.000 418,437.18 387,789.3730,647.81 423,900.67.00Eafe Etf65.730012,805.59- 5,463.49 3.06464287465 Asset Minor Code 94Ishares 5,299.000 296,055.13 253,963.7642,091.37 279,343.56.00Russell Mid Cap Etf55.870017,618.5016,711.57 1.61464287499 Asset Minor Code 94Ishares 2,286.000 275,463.00 275,999.70- 536.70 296,299.81.00Russell 2000 Value Etf 120.500017,592.34- 20,836.81 1.82464287630 Asset Minor Code 94Ishares 1,396.000 280,414.52 237,092.5843,321.94 277,765.02.00Russell 2000 Growth Etf 200.870018,200.702,649.50 0.64464287648 Asset Minor Code 94Vanguard Ftse 7,187.000 305,663.11 284,852.4920,810.62 300,180.15.00Emerging Markets Etf42.530013,134.295,482.96 2.57922042858 Asset Minor Code 94Vanguard Real 1,981.000 173,139.40 163,761.769,377.64 165,345.441,639.08Estate Etf87.40001,432.667,793.96 4.05922908553 Asset Minor Code 94Ishares Core 23,269.000 2,591,003.15 2,501,473.7289,529.43 2,478,514.95.00U.S. Aggregate Bond Etf 111.350022,233.69 112,488.20 2.71464287226 Asset Minor Code 95Vanguard 64,231.823 687,922.82 675,342.8812,579.94 670,501.04.00Short Term Invt Grade #53910.71001,535.0817,421.78 2.92922031836 Asset Minor Code 99 00335501 40- -01-B -62 -185-010102 -19-02877-01PARS/CITY OF CHINO HILLS 115P Page 7 of 21ACCOUNT 6746053100 Period from June 1, 2019 to June 30, 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 34,505.000 3,737,359.77 3,257,658.06 479,701.71 3,584,297.861,639.08 198,771.27 153,061.91 2.07Mutual Funds-Fixed IncomeTotal Mutual Funds-Fixed 87,500.823 3,278,925.97 3,176,816.60 102,109.37 3,149,015.99.00Income23,768.77 129,909.98 2.75ASSET DETAIL (continued)44/658 1010101010101010101010110011010001011011101001100101100000101001001100110001110110010010011001000010100101101100000111011000000000010010100010010000110111111101110010000011000011001101001001110011010110000000111100111000101010011111010100111000001101110101110010100110110010001111100011110110110101001001100100100001111110111010111001111000110111001101001011011010100001101000001011111111111111111111Time of trade execution and trading party (if not disclosed) will be provided upon request.Publiclytraded 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.Yield on Market and Accrued Income are estimates provided for informational purposes only and should not be relied on for making investment, trading, or tax decisions. The estimatesmay not represent the actual value earned by your investments and they provide no guarantee of what your investments may earn in the future. 00335501 40- -01-B -62 -185-010102 -19-02877-01PARS/CITY OF CHINO HILLS 115P Page 8 of 21ACCOUNT 6746053100 Period from June 1, 2019 to June 30, 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 122,005.823 7,016,285.74 6,434,474.66 581,811.08 6,733,313.851,639.08 222,540.04 282,971.89 2.39Total Assets 367,185.153 7,263,291.16 6,681,480.08 581,811.08 6,980,319.272,072.78 222,540.04 282,971.89 2.38Accrued Income.0002,072.782,072.78Grand Total 367,185.153 7,265,363.94 6,683,552.86ASSET DETAIL (continued)ASSET DETAIL MESSAGES45/658 245,179.330 First Am Govt Ob Fd Cl Z 0.02466.70433.70466.70433.7031846V56707/01/19 3,757.000 Ishares Core S P 500 Etf 5.95.006,678.996,678.99.0046428720006/17/19 06/21/19 2,461.000 Ishares S P 500 Growth Etf 2.31.001,843.981,843.98.0046428730906/17/19 06/21/19 3,772.000 Ishares S P 500 Value Etf 2.71.002,438.592,438.59.0046428740806/17/19 06/21/19 6,366.000 Ishares Msci Eafe Etf 2.01.008,760.408,760.40.0046428746506/17/19 06/21/19 5,299.000 Ishares Russell Mid Cap Etf 0.90.001,024.151,024.15.0046428749906/17/19 06/21/19 2,286.000 Ishares Russell 2000 Value Etf 2.20.001,335.491,335.49.0046428763006/17/19 06/21/19 1,396.000 Ishares Russell 2000 Growth Etf 1.29.00453.65453.65.0046428764806/17/19 06/21/19 7,187.000 Vanguard Ftse Emerging Markets Etf 1.09.002,006.612,006.61.0092204285806/17/19 06/20/19 1,981.000 Vanguard Real Estate Etf 3.54.001,639.08.001,639.0892290855306/27/19 07/02/19 00335501 40- -01-B -62 -185-010102 -19-02877-01PARS/CITY OF CHINO HILLS 115P Page 9 of 21ACCOUNT 6746053100 Period from June 1, 2019 to June 30, 2019SHARES/EX PAY ANN BEGINNINGINCOMEINCOMEENDINGFACE AMOUNT DESCRIPTIONDATE DATE RATE ACCRUALEARNEDRECEIVEDACCRUALCash And EquivalentsTotal Cash And Equivalents466.70433.70466.70433.70Mutual Funds-EquityTotal Mutual Funds-Equity.0026,180.9424,541.861,639.08Mutual Funds-Fixed IncomeINCOME ACCRUAL DETAIL46/658 1010101010101010101010110011010000011011101001100101100000101001001100110000010110010010011001001110100101101000000100011000000000010001010010010000110000001001110010000010011110001101001000000000010110000000111000101000101010010001000000111000001010101011110010100100111111111111100010100011010110001001100000111000010110110111111110100000110000100100011001011010100001101011101011111111111111111111 23,269.000 Ishares Core U.S. Aggregate Bond Etf 3.02 .00 5,750.02 5,750.02 .0046428722606/03/19 06/07/19 64,231.823 Vanguard Short Term Invt Grade #539 0.31 .01 1,826.08 1,826.09 .0092203183606/28/19 07/01/19 00335501 40- -01-B -62 -185-010102 -19-02877-01PARS/CITY OF CHINO HILLS 115P Page 10 of 21ACCOUNT 6746053100 Period from June 1, 2019 to June 30, 2019SHARES/EX PAY ANN BEGINNINGINCOMEINCOMEENDINGFACE AMOUNT DESCRIPTIONDATE DATE RATE ACCRUALEARNEDRECEIVEDACCRUALTotal Mutual Funds-Fixed Income .01 7,576.10 7,576.11 .00Grand Total 466.71 34,190.74 32,584.67 2,072.78INCOME ACCRUAL DETAIL (continued)47/658 06/03/2019 Interest From 5/1/19 To 5/31/19466.7006/21/2019 1.777745 USD/Share On 3,757 Shares Due 6/21/196,678.9906/07/2019 0.260135 USD/Share On 22,104 Shares Due 6/7/195,750.0206/21/2019 1.376123 USD/Share On 6,366 Shares Due 6/21/198,760.4006/21/2019 0.193273 USD/Share On 5,299 Shares Due 6/21/191,024.1506/21/2019 0.324963 USD/Share On 1,396 Shares Due 6/21/19453.6506/21/2019 0.584204 USD/Share On 2,286 Shares Due 6/21/191,335.49 00335501 40- -01-B -62 -185-010102 -19-02877-01PARS/CITY OF CHINO HILLS 115P Page 11 of 21ACCOUNT 6746053100 Period from June 1, 2019 to June 30, 2019DATE DESCRIPTIONCASHInterestFirst Am Govt Ob Fd Cl Z31846V567Total Interest466.70DividendsIshares Core S P 500 Etf464287200Ishares Core U.S. Aggregate Bond Etf464287226Ishares Msci Eafe Etf464287465Ishares Russell Mid Cap Etf464287499Ishares Russell 2000 Growth Etf464287648Ishares Russell 2000 Value Etf464287630Ishares S P 500 Growth Etf464287309INVESTMENT ACTIVITY48/658 101010101010101010101011001101011101101110100110010110000010100100110011000111011001001001100101101010010110010000100001100000000001001110001001000011010110011111001000001010100010110100100100000001011000000010010000100010101001001010111011100000101101001011001010010010000010011110001000000100101100100001110000010101111010110110110101001011001010010001100101101010011101100010101111111111111111111106/21/2019 0.749279 USD/Share On 2,461 Shares Due 6/21/191,843.9806/21/20190.646498 USD/Share On 3,772 Shares Due 6/21/192,438.5906/20/2019 0.2792 USD/Share On 7,187 Shares Due 6/20/192,006.6106/30/2019 Dividend From 6/1/19 To 6/30/191,826.0906/26/2019 Income Payments.15Interest Earned On Income Payments 00335501 40- -01-B -62 -185-010102 -19-02877-01PARS/CITY OF CHINO HILLS 115P Page 12 of 21ACCOUNT 6746053100 Period from June 1, 2019 to June 30, 2019DATE DESCRIPTIONCASHIshares S P 500 Value Etf464287408Vanguard Ftse Emerging Markets Etf922042858Vanguard Short Term Invt Grade #539922031836Total Dividends32,117.97Other EarningsInterest-Bank CompensationTotal Other Earnings.15INVESTMENT ACTIVITY (continued)49/658 06/26/2019 Collected- 1,825.82Charged For Period 05/01/2019 Thru 05/31/2019 00335501 40- -01-B -62 -185-010102 -19-02877-01PARS/CITY OF CHINO HILLS 115P Page 13 of 21ACCOUNT 6746053100 Period from June 1, 2019 to June 30, 2019DATE DESCRIPTIONCASHTrust FeesTrust FeesTotal Trust Fees- 1,825.82Total Trust Fees- 1,825.82Total Plan Expenses- 1,825.82PLAN EXPENSES50/658 101010101010101010101011001101011001101110100110010110000010100100110011000001011001001001100101011010010110000000101101100000000001000001001001000011001001001111001000001111010110110100100011001101011000000010000001100010101001110011101011100000110000110011001010011010110101011110001101010010100000100001100001110011011010000010101000101011010100110100101101101010011101101100101111111111111111111106/27/2019 Paid To # 6746050100 - 1,459.51Per Dir Dtd 6/26/19 00335501 40- -01-B -62 -185-010102 -19-02877-01PARS/CITY OF CHINO HILLS 115P Page 14 of 21ACCOUNT 6746053100 Period from June 1, 2019 to June 30, 2019DATEDESCRIPTIONCASHTransfers OutTransfer To Another AccountTotal Transfer To Another Account - 1,459.51Total Transfers Out - 1,459.51Total Other Activity - 1,459.51OTHER ACTIVITY51/658 06/04/2019 Purchased 466.7 466.700 .00 - 466.70 466.70Units OfFirst Am Govt Ob Fd Cl ZTrade Date 6/4/1931846V56706/05/2019 Purchased 2,290.430 .00 - 2,290.43 2,290.432,290.43 Units OfFirst Am Govt Ob Fd Cl ZTrade Date 6/5/1931846V56706/07/2019 Purchased 5,750.020 .00 - 5,750.02 5,750.025,750.02 Units OfFirst Am Govt Ob Fd Cl ZTrade Date 6/7/1931846V56706/20/2019 Purchased 2,006.610 .00 - 2,006.61 2,006.612,006.61 Units OfFirst Am Govt Ob Fd Cl ZTrade Date 6/20/1931846V56706/21/2019 Purchased 22,535.250 .00 - 22,535.25 22,535.2522,535.25 Units OfFirst Am Govt Ob Fd Cl ZTrade Date 6/21/1931846V56706/27/2019 Purchased 0.15 .150 .00 - .15 .15Units OfFirst Am Govt Ob Fd Cl ZTrade Date 6/27/1931846V567 00335501 40- -01-B -62 -185-010102 -19-02877-01PARS/CITY OF CHINO HILLS 115P Page 15 of 21ACCOUNT 6746053100 Period from June 1, 2019 to June 30, 2019SHARES/DATE DESCRIPTIONFACE AMOUNT COMMISSIONCASH BOOK VALUECash And EquivalentsTotal First Am Govt Ob Fd Cl Z 33,049.160 .00 - 33,049.16 33,049.16Total Cash And Equivalents 33,049.160 .00 - 33,049.16 33,049.16PURCHASES52/658 101010101010101010101011001101010101101110100110010110000010100100110011000101011001001000100101011010010111110001101101100000000001001000001001000011011111011111001000001111111110110100100101011101011000000010111100000010101001111010101011100000110101010101001010000100010111101110001001100010101100100001100000011000111010111000011100001011000111010100000101101010111101100010101111111111111111111106/04/2019 Purchased 3838.0001.33-10,706.6110,706.61Shares OfIshares Core S P 500 EtfTrade Date 6/4/19Purchased Through Ubs Securities LLC38 Shares At 281.718 USD46428720006/04/2019 Purchased 7171.0002.49- 3,809.793,809.79Shares OfIshares Russell Mid Cap EtfTrade Date 6/4/19Purchased Through Ubs Securities LLC71 Shares At 53.624 USD46428749906/04/2019 Purchased 8282.0002.87- 15,746.8415,746.84Shares OfIshares Russell 2000 Growth EtfTrade Date 6/4/19Purchased Through Ubs Securities LLC82 Shares At 191.9996 USD46428764806/04/2019 Purchased 363363.00012.71- 61,988.6461,988.64Shares OfIshares S P 500 Growth EtfTrade Date 6/4/19Purchased Through Ubs Securities LLC363 Shares At 170.7326 USD464287309 00335501 40- -01-B -62 -185-010102 -19-02877-01PARS/CITY OF CHINO HILLS 115P Page 16 of 21ACCOUNT 6746053100 Period from June 1, 2019 to June 30, 2019SHARES/DATE DESCRIPTIONFACE AMOUNT COMMISSIONCASH BOOK VALUEMutual Funds-EquityTotal Ishares Core S P 500 Etf38.0001.33- 10,706.6110,706.61Total Ishares Russell Mid Cap Etf71.0002.49- 3,809.793,809.79Total Ishares Russell 2000 Growth Etf82.0002.87- 15,746.8415,746.84PURCHASES (continued)53/658 06/04/2019 Purchased 1,711 1,711.00059.89- 69,984.1869,984.18Shares OfVanguard Ftse Emerging Markets EtfTrade Date 6/4/19Purchased Through Ubs Securities LLC1,711 Shares At 40.8675 USD92204285806/04/2019 Purchased 841841.00029.44- 72,652.1472,652.14Shares OfVanguard Real Estate EtfTrade Date 6/4/19Purchased Through Ubs Securities LLC841 Shares At 86.3528 USD92290855306/04/2019 Purchased 1,165 1,165.00040.78 - 128,487.86 128,487.86Shares OfIshares Core U.S. Aggregate Bond EtfTrade Date 6/4/19Purchased Through Ubs Securities LLC1,165 Shares At 110.255 USD464287226 00335501 40- -01-B -62 -185-010102 -19-02877-01PARS/CITY OF CHINO HILLS 115P Page 17 of 21ACCOUNT 6746053100 Period from June 1, 2019 to June 30, 2019SHARES/DATE DESCRIPTIONFACE AMOUNT COMMISSIONCASH BOOK VALUETotal Ishares S P 500 Growth Etf363.00012.71- 61,988.6461,988.64Total Vanguard Ftse Emerging Markets Etf 1,711.00059.89- 69,984.1869,984.18Total Vanguard Real Estate Etf841.00029.44- 72,652.1472,652.14Total Mutual Funds-Equity 3,106.000108.73 - 234,888.20 234,888.20Mutual Funds-Fixed IncomeTotal Ishares Core U.S. Aggregate Bond Etf 1,165.00040.78 - 128,487.86 128,487.86Total Mutual Funds-Fixed Income 1,165.00040.78 - 128,487.86 128,487.86PURCHASES (continued)54/658 1010101010101010101010110011010100011011101001100101100000101001001100110000110110010010001001011010100101111000011000011000000000010001110010010000110000000011110010000010100010101101001000100100010110000000101011010000101010010000111110111000001010001011010010100011001000001011100011001101001000001000011100011111100110100011000000011010110110011100010011011010101111011011001011111111111111111111 00335501 40- -01-B -62 -185-010102 -19-02877-01PARS/CITY OF CHINO HILLS 115P Page 18 of 21ACCOUNT 6746053100 Period from June 1, 2019 to June 30, 2019SHARES/DATEDESCRIPTIONFACE AMOUNT COMMISSIONCASH BOOK VALUETotal Purchases 37,320.160 149.51 - 396,425.22 396,425.22PURCHASES (continued)55/658 06/06/2019 Sold 23,524- 23,524.000.0023,524.00- 23,524.00.00- 23,524.00Units Of.00First Am Govt Ob Fd Cl ZTrade Date 6/6/1931846V56706/26/2019 Sold- 1,825.820.001,825.82- 1,825.82.00- 1,825.821,825.82 Units Of.00First Am Govt Ob Fd Cl ZTrade Date 6/26/1931846V56706/27/2019 Sold- 1,459.510.001,459.51- 1,459.51.00- 1,459.511,459.51 Units Of.00First Am Govt Ob Fd Cl ZTrade Date 6/27/1931846V56706/04/2019 Sold 816 - 816.00028.5652,550.04- 49,707.212,842.83- 54,336.00Shares Of- 1,785.96Ishares Msci Eafe EtfTrade Date 6/4/19Sold Through Goldman Sachs & Co. LLCPaid 28.56 USD BrokeragePaid 1.09 USD Sec Fee816 Shares At 64.4359 USD464287465 00335501 40- -01-B -62 -185-010102 -19-02877-01PARS/CITY OF CHINO HILLS 115P Page 19 of 21ACCOUNT 6746053100 Period from June 1, 2019 to June 30, 2019PRIOR MARKET /SHARES/TRANSACTIONREALIZED PRIOR MARKETDATE DESCRIPTION FACE AMOUNT COMMISSIONPROCEEDS BOOK VALUEGAIN/LOSS REALIZED GAIN/LOSSCash And EquivalentsTotal First Am Govt Ob Fd- 26,809.330.0026,809.33- 26,809.33.00- 26,809.33Cl Z.00Total Cash And- 26,809.330.0026,809.33- 26,809.33.00- 26,809.33Equivalents.00Mutual Funds-EquityTotal Ishares Msci Eafe- 816.00028.5652,550.04- 49,707.212,842.83- 54,336.00Etf- 1,785.96SALES AND MATURITIES56/658 101010101010101010101011001101001101101110100110010110000010100100110011000011011001001000100101011010010111010001101101100000000001011110001001000011001000101111001000001011111000110100100001001011011000000010001111000010101000101100010011100000100100011010001010010000000111001110001000001011100100100101111011110100011011010011000100011011001100110101111101101010101101101110101111111111111111111106/04/2019 Sold 463 - 463.000 16.21 54,289.33 - 55,900.20 - 1,610.87 - 60,011.73Shares Of - 5,722.40Ishares Russell 2000 Value EtfTrade Date 6/4/19Sold Through Goldman Sachs & Co. LLCPaid 16.21 USD BrokeragePaid 1.12 USD Sec Fee463 Shares At 117.293 USD46428763006/04/2019 Sold 455 - 455.000 15.93 50,718.43 - 48,496.75 2,221.68 - 49,993.37Shares Of 725.06Ishares S P 500 Value EtfTrade Date 6/4/19Sold Through Goldman Sachs & Co. LLCPaid 15.93 USD BrokeragePaid 1.05 USD Sec Fee455 Shares At 111.5064 USD46428740806/05/2019 Sold - 17,068.751 .00 182,294.26 - 179,463.37 2,830.89 - 178,176.7117,068.751 Shares Of 4,117.55Vanguard Short Term Invt Grade #539Trade Date 6/5/1917,068.751 Shares At 10.68 USD922031836 00335501 40- -01-B -62 -185-010102 -19-02877-01PARS/CITY OF CHINO HILLS 115P Page 20 of 21ACCOUNT 6746053100 Period from June 1, 2019 to June 30, 2019PRIOR MARKET /SHARES/TRANSACTIONREALIZED PRIOR MARKETDATE DESCRIPTION FACE AMOUNT COMMISSIONPROCEEDS BOOK VALUEGAIN/LOSS REALIZED GAIN/LOSSTotal Ishares Russell - 463.000 16.21 54,289.33 - 55,900.20 - 1,610.87 - 60,011.732000 Value Etf - 5,722.40Total Ishares S P 500 - 455.000 15.93 50,718.43 - 48,496.75 2,221.68 - 49,993.37Value Etf 725.06Total Mutual Funds-Equity - 1,734.000 60.70 157,557.80 - 154,104.16 3,453.64 - 164,341.10 - 6,783.30Mutual Funds-Fixed IncomeSALES AND MATURITIES (continued)57/658 Realized gain/loss should not be used for tax purposes. 00335501 40- -01-B -62 -185-010102 -19-02877-01PARS/CITY OF CHINO HILLS 115P Page 21 of 21ACCOUNT 6746053100 Period from June 1, 2019 to June 30, 2019PRIOR MARKET /SHARES/TRANSACTIONREALIZED PRIOR MARKETDATE DESCRIPTION FACE AMOUNT COMMISSIONPROCEEDS BOOK VALUEGAIN/LOSS REALIZED GAIN/LOSSTotal Vanguard Short Term- 17,068.751.00 182,294.26- 179,463.372,830.89- 178,176.71Invt Grade #5394,117.55Total Mutual Funds-Fixed- 17,068.751.00 182,294.26- 179,463.372,830.89- 178,176.71Income4,117.55Total Sales And- 45,612.08160.70 366,661.39- 360,376.866,284.53- 369,327.14Maturities- 2,665.75SALES AND MATURITIES (continued)SALES AND MATURITIES MESSAGES58/658