HomeMy WebLinkAbout05 November PFMCITY OF SAN LUIS OBISPO
ACCOUNT STATEMENT
For the Month Ending
November 30, 2024
Customer Service
PO Box 11813
Harrisburg, PA 17108-1813
Contents
Cover/Disclosures
Summary Statement
Individual Accounts
CITY OF SAN LUIS OBISPO
TRACI KAWAGUCHI
990 PALM STREET
SAN LUIS OBISPO, CA 93401
Client Management Team
Accounts included in Statement
CITY OF SAN LUIS OBISPO OPERATING FUNDS
https://www.pfmam.comOnline Access 1-717-232-2723Customer Service
Monique Spyke
Managing Director
1 California Street Ste. 1000
San Francisco, CA 94111-5411
415-393-7270
spykem@pfmam.com
For the Month Ending November 30, 2024
Account Statement
Important Disclosures
Important Disclosures
Average maturity represents the average maturity of all securities and
investments of a portfolio, determined by multiplying the par or principal value of
each security or investment by its maturity (days or years), summing the
products, and dividing the sum by the total principal value of the portfolio. The
stated maturity date of mortgage backed or callable securities are used in this
statement. However the actual maturity of these securities could vary depending
on the level or prepayments on the underlying mortgages or whether a callable
security has or is still able to be called.
Monthly distribution yield represents the net change in the value of one share
(normally $1.00 per share) resulting from all dividends declared during the month
by a fund expressed as a percentage of the value of one share at the beginning
of the month. This resulting net change is then annualized by multiplying it by
365 and dividing it by the number of calendar days in the month.
YTM at Cost The yield to maturity at cost is the expected rate of return, based
on the original cost, the annual interest receipts, maturity value and the time
period from purchase date to maturity, stated as a percentage, on an annualized
basis.
YTM at Market The yield to maturity at market is the rate of return, based on the
current market value, the annual interest receipts, maturity value and the time
period remaining until maturity, stated as a percentage, on an annualized basis.
Managed Account A portfolio of investments managed discretely by PFMAM
according to the client’s specific investment policy and requirements. The
investments are directly owned by the client and held by the client’s custodian.
Unsettled Trade A trade which has been executed however the final
consummation of the security transaction and payment has not yet taken place.
In August 2024, PFMAM converted its portfolio accounting system from FIS
Investment Accounting Manager to SS&C PORTIA. The new system has
recalculated the amortized cost and yield to maturity at cost of each security,
based upon original cost and settlement date. Some securities, including some
factored securities and previously exchanged securities, are now on a modified
amortization schedule as compared with that of the past. Where transfers have
occurred between your portfolios we have returned their settlement dates to the
settlement dates of the original purchases in order to minimize any impact to
their amortization schedules.
Please review the detail pages of this statement carefully. If you think your
statement is wrong, missing account information, or if you need more information
about a transaction, please contact PFMAM within 60 days of receipt. If you have
other concerns or questions regarding your account, or to request an updated
copy of PFMAM's current disclosure statement, please contact a member of your
client management team at PFMAM Service Operations at the address below.
PFM Asset Management
Attn: Service Operations
213 Market Street
Harrisburg, PA 17101
NOT FDIC INSURED NO BANK GUARANTEE MAY LOSE VALUE
This statement is for general information purposes only and is not intended to provide
specific advice or recommendations. PFM Asset Management ("PFMAM") is a division
of U.S. Bancorp Asset Management, Inc. ("USBAM"), a SEC-registered investment
adviser. USBAM is direct subsidiary of U.S. Bank National Association ("U.S. Bank")
and an indirect subsidiary of U.S. Bancorp. U.S. Bank is not responsible for and does
not guarantee the products, services or performance of PFMAM. PFMAM maintains a
written disclosure statement of our background and business experience. If you would
like to receive a copy of our current disclosure statement, please contact Service
Operations at the address below.
Proxy Voting PFMAM does not normally receive proxies to vote on behalf of its clients.
However, it does on occasion receive consent requests. In the event a consent request
is received the portfolio manager contacts the client and then proceeds according to
their instructions. PFMAM’s Proxy Voting Policy is available upon request by contacting
Service Operations at the address below.
Questions About an Account PFMAM’s monthly statement is intended to detail our
investment advisory activity as well as the activity of any accounts held by clients in
pools that are managed by PFMAM. The custodian bank maintains the control of assets
and executes (i.e., settles) all investment transactions. The custodian statement is the
official record of security and cash holdings and transactions. PFMAM recognizes that
clients may use these reports to facilitate record keeping and that the custodian bank
statement and the PFMAM statement should be reconciled and differences resolved.
Many custodians use a settlement date basis which may result in the need to reconcile
due to a timing difference.
Account Control PFMAM does not have the authority to withdraw funds from or deposit
funds to the custodian outside the scope of services provided by PFMAM. Our clients
retain responsibility for their internal accounting policies; implementing and enforcing
internal controls and generating ledger entries or otherwise recording transactions.
Market Value Generally, PFMAM’s market prices are derived from closing bid prices as
of the last business day of the month as supplied by ICE Data Services. There may be
differences in the values shown for investments due to accrued but uncollected income
and the use of differing valuation sources and methods. Non-negotiable FDIC-insured
bank certificates of deposit are priced at par. Although PFMAM believes the prices to be
reliable, the values of the securities may not represent the prices at which the securities
could have been bought or sold. Explanation of the valuation methods for a registered
investment company or local government investment program is contained in the
appropriate fund offering documentation or information statement.
Amortized Cost The original cost of the principal of the security is adjusted for the
amount of the periodic reduction of any discount or premium from the purchase date
until the date of the report. Discount or premium with respect to short term securities
(those with less than one year to maturity at time of issuance) is amortized on a
straightline basis. Such discount or premium with respect to longer term securities is
amortized using the constant yield basis.
Tax Reporting Cost data and realized gains / losses are provided for informational
purposes only. Please review for accuracy and consult your tax advisor to determine
the tax consequences of your security transactions. PFMAM does not report such
information to the IRS or other taxing authorities and is not responsible for the
accuracy of such information that may be required to be reported to federal, state or
other taxing authorities.
Financial Situation In order to better serve you, PFMAM should be promptly notified
of any material change in your investment objective or financial situation.
Callable Securities Securities subject to redemption prior to maturity may be
redeemed in whole or in part before maturity, which could affect the yield represented.
Portfolio The securities in this portfolio, including shares of mutual funds, are not
guaranteed or otherwise protected by PFMAM, the FDIC (except for certain
non-negotiable certificates of deposit) or any government agency. Investment in
securities involves risks, including the possible loss of the amount invested. Actual
settlement values, accrued interest, and amortized cost amounts may vary for
securities subject to an adjustable interest rate or subject to principal paydowns. Any
changes to the values shown may be reflected within the next monthly statement’s
beginning values.
Rating Information provided for ratings is based upon a good faith inquiry of selected
sources, but its accuracy and completeness cannot be guaranteed.
Shares of some local government investment programs and TERM funds are
distributed by representatives of USBAM's affiliate, U.S. Bancorp Investments, Inc.
which is registered with the SEC as a broker/dealer and is a member of the Financial
Industry Regulatory Authority (“FINRA”) and the Municipal Securities Rulemaking
Board (“MSRB”). You may reach the FINRA by calling the FINRA Hotline at
1-800-289-9999 or at the FINRA website address
https://www.finra.org/investors/investor-contacts. A brochure describing the FINRA
Regulation Public Disclosure Program is also available from FINRA upon request.
Key Terms and Definitions
Dividends on local government investment program funds consist of interest earned,
plus any discount ratably amortized to the date of maturity, plus all realized gains and
losses on the sale of securities prior to maturity, less ratable amortization of any
premium and all accrued expenses to the fund. Dividends are accrued daily and may
be paid either monthly or quarterly. The monthly earnings on this statement represent
the estimated dividend accrued for the month for any program that distributes earnings
on a quarterly basis. There is no guarantee that the estimated amount will be paid on
the actual distribution date.
Current Yield is the net change, exclusive of capital changes and income other than
investment income, in the value of a hypothetical fund account with a balance of one
share over the seven-day base period including the statement date, expressed as a
percentage of the value of one share (normally $1.00 per share) at the beginning of
the seven-day period. This resulting net change in account value is then annualized by
multiplying it by 365 and dividing the result by 7. The yields quoted should not be
considered a representation of the yield of the fund in the future, since the yield is not
fixed.
U.S. Bancorp Investments, Inc., is registered with the U.S. Securities and Exchange Commission (SEC) and is subject to the rules of the Municipal Securities Rulemaking Board (MSRB) as it relates
to the distribution of shares of local government investment pools. The MSRB requires investors to be informed of the availability of the MSRB Investor Brochure which describes the protections
that may be provided by the MSRB rules and how to file a complaint with an appropriate regulatory authority. The MSRB Investor Brochure can be found on the MSRB’s website at www.msrb.org.
For the Month Ending November 30, 2024Managed Account Summary Statement
CITY OF SAN LUIS OBISPO OPERATING FUNDS -
Total Cash Basis Earnings
Plus Net Realized Gains/Losses
Less Purchased Interest Related to Interest/Coupons
Interest/Dividends/Coupons Received
Earnings Reconciliation (Cash Basis) - Managed Account
Less Beginning Accrued Interest
Less Beginning Amortized Value of Securities
Less Cost of New Purchases
Plus Coupons/Dividends Received
Plus Proceeds of Maturities/Calls/Principal Payments
Plus Proceeds from Sales
Ending Accrued Interest
Ending Amortized Value of Securities
Earnings Reconciliation (Accrual Basis)
$107,302,996.88
(10,634.51)
(1,493,613.28)
1,496,308.59
0.00
217,756.42
$107,512,814.10
247,776.98
(683.70)
(91,579.73)
$155,513.55
Total
108,707,210.93
576,069.15
1,502,672.38
10,634.51
238,717.88
(1,496,992.29)
(108,682,949.05)
(591,831.84)
Total Accrual Basis Earnings $263,531.67
Closing Market Value
Change in Current Value
Unsettled Trades
Principal Acquisitions
Principal Dispositions
Maturities/Calls
Opening Market Value
Transaction Summary - Managed Account
_________________
_________________
______________________________________________________________________________________________Reconciling Transactions
Net Cash Contribution
Security Purchases
Principal Payments
Coupon/Interest/Dividend Income
Sale Proceeds
Maturities/Calls
Cash Transactions Summary - Managed Account
0.00
1,502,672.38
238,717.88
10,634.51
(1,496,992.29)
0.00
0.00
Cash Balance
$272,324.84 Closing Cash Balance
Account Page 1PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
For the Month Ending November 30, 2024Portfolio Summary and Statistics
CITY OF SAN LUIS OBISPO OPERATING FUNDS -
Account Summary
Percent Par Value Market ValueDescription
U.S. Treasury Bond / Note 67,950,000.00 65,974,903.05 61.36
Municipal Bond / Note 460,000.00 448,546.38 0.42
Federal Agency Bond / Note 12,810,000.00 12,575,326.91 11.70
Corporate Note 18,590,000.00 18,459,620.14 17.17
Certificate of Deposit 1,000,000.00 1,017,581.00 0.95
Bank Note 685,000.00 658,383.64 0.61
Asset-Backed Security 8,305,000.00 8,378,452.98 7.79
Managed Account Sub-Total 109,800,000.00 107,512,814.10 100.00%
Accrued Interest 576,069.15
Total Portfolio 109,800,000.00 108,088,883.25
Unsettled Trades 0.00 0.00
Sector Allocation
7.79%
ABS
0.61%
Bank Note
0.95%
Cert of Deposit
17.17%
Corporate Note
11.70%
Fed Agy Bond /
Note
0.42%
Muni Bond / Note
61.36%
US TSY Bond / Note
0 - 6 Months 6 - 12 Months 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years Over 5 Years
6.60%
17.92%
21.65%
11.78%
23.44%
18.61%
0.00%
Maturity Distribution Characteristics
Yield to Maturity at Cost
Yield to Maturity at Market
Weighted Average Days to Maturity 879
3.07%
4.38%
Account Page 2PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
For the Month Ending November 30, 2024Managed Account Issuer Summary
CITY OF SAN LUIS OBISPO OPERATING FUNDS -
Credit Quality (S&P Ratings)
5.04%
A
7.11%
A+
0.93%
A-
0.22%
AA
73.07%
AA+
3.83%
AA-
6.68%
AAA
0.52%
BBB+
2.60%
NR
Issuer Summary
Percentof HoldingsIssuer
Market Value
596,944.80 0.56 Adobe Inc
1,453,956.79 1.35 American Express Co
368,553.28 0.34 BA Credit Card Trust
2,715,589.83 2.53 Bank of America Corp
977,113.03 0.91 Bank of New York Mellon Corp
1,243,536.16 1.16 BlackRock Inc
284,788.28 0.26 Bristol-Myers Squibb Co
1,788,707.85 1.66 Citigroup Inc
1,017,581.00 0.95 Cooperatieve Rabobank UA
763,122.76 0.71 Deere & Co
792,910.40 0.74 Eli Lilly & Co
2,108,547.37 1.96 Federal Home Loan Banks
3,809,159.60 3.54 Federal Home Loan Mortgage Corp
6,657,619.94 6.19 Federal National Mortgage Association
712,799.42 0.66 Fifth Third Auto Trust
100,589.50 0.09 GM Financial Consumer Automobile Receiv
1,008,728.70 0.94 Home Depot Inc
1,592,085.74 1.48 Honda Auto Receivables Owner Trust
1,031,817.70 0.96 Hyundai Auto Receivables Trust
557,244.80 0.52 Intel Corp
2,458,714.17 2.29 JPMorgan Chase & Co
262,645.24 0.24 Kubota Credit Owner Trust
1,113,234.65 1.04 Mastercard Inc
1,605,448.00 1.49 Microsoft Corp
207,438.45 0.19 New Jersey Turnpike Authority
214,528.94 0.20 Nissan Auto Receivables Owner Trust
1,527,659.85 1.42 Novartis AG
767,450.28 0.71 PACCAR Inc
513,623.55 0.48 PepsiCo Inc
760,016.40 0.71 PNC Financial Services Group Inc
498,352.50 0.46 State Street Corp
728,537.04 0.68 Target Corp
Account Page 3PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
For the Month Ending November 30, 2024Managed Account Issuer Summary
CITY OF SAN LUIS OBISPO OPERATING FUNDS -
Percentof HoldingsIssuer
Market Value
404,633.20 0.38 Toyota Auto Receivables Owner Trust
653,123.90 0.61 Toyota Motor Corp
65,974,903.05 61.37 United States Treasury
241,107.93 0.22 University of California Board of Regen
$107,512,814.10 Total 100.00%
Account Page 4PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
For the Month Ending November 30, 2024Managed Account Detail of Securities Held
CITY OF SAN LUIS OBISPO OPERATING FUNDS -
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value
Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTradeSettle
Par
U.S. Treasury Bond / Note
US TREASURY N/B
DTD 12/31/2019 1.750% 12/31/2024
1,496,571.00 1,501,757.81 10,985.05 1,585,195.31 01/07/2101/06/21AaaAA+ 1,500,000.00 912828YY0 0.31
US TREASURY N/B
DTD 04/30/2020 0.375% 04/30/2025
752,407.34 764,093.20 245.67 756,065.04 04/13/2104/12/21AaaAA+ 765,000.00 912828ZL7 0.67
US TREASURY N/B
DTD 06/01/2020 0.250% 05/31/2025
333,096.30 339,411.65 2.34 335,205.47 05/17/2105/17/21AaaAA+ 340,000.00 912828ZT0 0.60
US TREASURY N/B
DTD 08/31/2020 0.250% 08/31/2025
2,569,257.15 2,644,561.04 1,683.70 2,620,394.53 08/06/2108/02/21AaaAA+ 2,650,000.00 91282CAJ0 0.53
US TREASURY N/B
DTD 09/30/2020 0.250% 09/30/2025
1,275,801.12 1,315,466.88 562.09 1,297,828.13 09/09/2109/07/21AaaAA+ 1,320,000.00 91282CAM3 0.67
US TREASURY N/B
DTD 11/02/2020 0.250% 10/31/2025
1,348,604.60 1,393,337.84 299.72 1,370,359.38 10/06/2110/04/21AaaAA+ 1,400,000.00 91282CAT8 0.78
US TREASURY N/B
DTD 11/30/2020 0.375% 11/30/2025
1,922,704.00 1,986,440.14 20.60 1,944,531.25 11/02/2111/01/21AaaAA+ 2,000,000.00 91282CAZ4 1.07
US TREASURY N/B
DTD 12/31/2020 0.375% 12/31/2025
316,271.34 328,212.42 517.87 322,175.39 04/07/2104/05/21AaaAA+ 330,000.00 91282CBC4 0.89
US TREASURY N/B
DTD 12/31/2020 0.375% 12/31/2025
440,863.08 459,613.49 721.88 458,221.09 01/08/2101/07/21AaaAA+ 460,000.00 91282CBC4 0.45
US TREASURY N/B
DTD 12/31/2020 0.375% 12/31/2025
1,298,629.29 1,349,856.26 2,126.39 1,332,875.39 05/07/2105/06/21AaaAA+ 1,355,000.00 91282CBC4 0.73
US TREASURY N/B
DTD 12/31/2020 0.375% 12/31/2025
3,354,393.00 3,497,713.96 5,492.53 3,489,472.66 01/07/2101/06/21AaaAA+ 3,500,000.00 91282CBC4 0.44
US TREASURY N/B
DTD 02/01/2021 0.375% 01/31/2026
262,711.08 273,651.00 344.68 269,714.84 07/07/2107/02/21AaaAA+ 275,000.00 91282CBH3 0.80
US TREASURY N/B
DTD 01/31/2019 2.625% 01/31/2026
338,423.61 353,362.40 3,026.95 380,510.74 02/17/2102/16/21AaaAA+ 345,000.00 9128286A3 0.52
US TREASURY N/B
DTD 02/01/2021 0.375% 01/31/2026
544,528.41 567,207.15 714.44 558,199.22 02/26/2102/26/21AaaAA+ 570,000.00 91282CBH3 0.80
Account Page 5PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
For the Month Ending November 30, 2024Managed Account Detail of Securities Held
CITY OF SAN LUIS OBISPO OPERATING FUNDS -
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value
Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTradeSettle
Par
U.S. Treasury Bond / Note
US TREASURY N/B
DTD 02/01/2021 0.375% 01/31/2026
907,547.35 938,227.18 1,190.73 909,513.67 01/27/2201/26/22AaaAA+ 950,000.00 91282CBH3 1.47
US TREASURY N/B
DTD 02/01/2021 0.375% 01/31/2026
979,195.83 1,017,586.02 1,284.73 998,494.14 11/30/2111/30/21AaaAA+ 1,025,000.00 91282CBH3 1.01
US TREASURY N/B
DTD 02/01/2021 0.375% 01/31/2026
1,370,874.16 1,390,829.67 1,798.62 1,299,067.38 06/30/2206/29/22AaaAA+ 1,435,000.00 91282CBH3 3.19
US TREASURY N/B
DTD 02/01/2021 0.375% 01/31/2026
1,576,266.45 1,633,222.76 2,068.10 1,591,476.56 01/06/2201/04/22AaaAA+ 1,650,000.00 91282CBH3 1.27
US TREASURY N/B
DTD 02/01/2021 0.375% 01/31/2026
2,588,898.23 2,633,521.24 3,396.71 2,464,406.25 05/04/2205/03/22AaaAA+ 2,710,000.00 91282CBH3 2.95
US TREASURY N/B
DTD 03/01/2021 0.500% 02/28/2026
1,860,879.15 1,941,840.62 2,477.90 1,917,398.44 03/12/2103/12/21AaaAA+ 1,950,000.00 91282CBQ3 0.84
US TREASURY N/B
DTD 03/31/2021 0.750% 03/31/2026
381,843.60 399,986.34 510.99 399,953.13 09/09/2109/07/21AaaAA+ 400,000.00 91282CBT7 0.75
US TREASURY N/B
DTD 06/01/2021 0.750% 05/31/2026
693,072.22 707,090.40 15.04 669,033.60 06/08/2206/06/22AaaAA+ 730,000.00 91282CCF6 2.99
US TREASURY N/B
DTD 06/01/2021 0.750% 05/31/2026
1,557,038.96 1,563,408.62 33.79 1,452,168.75 09/30/2209/29/22AaaAA+ 1,640,000.00 91282CCF6 4.15
US TREASURY N/B
DTD 11/30/2021 1.250% 11/30/2026
1,288,858.93 1,298,154.51 46.88 1,243,962.89 04/20/2304/19/23AaaAA+ 1,365,000.00 91282CDK4 3.91
US TREASURY N/B
DTD 04/30/2020 0.500% 04/30/2027
1,063,755.96 1,097,270.10 496.69 1,036,750.00 08/05/2208/03/22AaaAA+ 1,160,000.00 912828ZN3 2.92
US TREASURY N/B
DTD 05/15/2017 2.375% 05/15/2027
1,486,425.20 1,492,600.27 1,627.07 1,441,742.19 09/30/2209/29/22AaaAA+ 1,550,000.00 912828X88 4.05
US TREASURY N/B
DTD 05/15/2017 2.375% 05/15/2027
1,644,657.56 1,701,759.85 1,800.28 1,689,141.02 08/01/2208/01/22AaaAA+ 1,715,000.00 912828X88 2.71
US TREASURY N/B
DTD 06/30/2020 0.500% 06/30/2027
1,034,933.86 1,060,993.37 2,374.86 995,873.83 08/26/2208/25/22AaaAA+ 1,135,000.00 912828ZV5 3.26
Account Page 6PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
For the Month Ending November 30, 2024Managed Account Detail of Securities Held
CITY OF SAN LUIS OBISPO OPERATING FUNDS -
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value
Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTradeSettle
Par
U.S. Treasury Bond / Note
US TREASURY N/B
DTD 08/15/2017 2.250% 08/15/2027
562,021.02 573,242.17 3,895.92 559,370.70 09/06/2209/01/22AaaAA+ 590,000.00 9128282R0 3.40
US TREASURY N/B
DTD 11/02/2020 0.500% 10/31/2027
1,262,132.20 1,271,631.65 599.45 1,186,937.50 12/30/2212/29/22AaaAA+ 1,400,000.00 91282CAU5 3.99
US TREASURY N/B
DTD 11/30/2022 3.875% 11/30/2027
993,203.00 1,000,337.92 106.46 1,000,507.81 05/31/2305/31/23AaaAA+ 1,000,000.00 91282CFZ9 3.86
US TREASURY N/B
DTD 01/03/2023 3.875% 12/31/2027
1,941,635.62 1,950,994.18 31,702.34 1,948,508.79 01/03/2301/03/23AaaAA+ 1,955,000.00 91282CGC9 3.95
US TREASURY N/B
DTD 02/28/2023 4.000% 02/29/2028
727,205.56 736,006.43 7,420.99 738,839.85 05/22/2305/19/23AaaAA+ 730,000.00 91282CGP0 3.72
US TREASURY N/B
DTD 03/31/2023 3.625% 03/31/2028
1,649,285.40 1,683,617.04 10,342.20 1,687,627.93 05/15/2305/12/23AaaAA+ 1,675,000.00 91282CGT2 3.46
US TREASURY N/B
DTD 03/31/2021 1.250% 03/31/2028
2,255,054.18 2,270,008.84 5,269.57 2,181,673.83 06/26/2306/26/23AaaAA+ 2,475,000.00 91282CBS9 4.01
US TREASURY N/B
DTD 05/01/2023 3.500% 04/30/2028
980,352.00 996,641.48 2,997.24 995,078.13 05/01/2305/01/23AaaAA+ 1,000,000.00 91282CHA2 3.61
US TREASURY N/B
DTD 06/30/2023 4.000% 06/30/2028
1,942,459.35 1,934,061.42 32,641.30 1,929,585.94 11/30/2311/29/23AaaAA+ 1,950,000.00 91282CHK0 4.25
US TREASURY N/B
DTD 06/30/2023 4.000% 06/30/2028
2,490,332.50 2,500,077.88 41,847.83 2,500,097.66 01/04/2401/03/24AaaAA+ 2,500,000.00 91282CHK0 4.00
US TREASURY N/B
DTD 08/31/2023 4.375% 08/31/2028
907,594.20 894,137.12 10,006.91 892,265.63 09/21/2309/20/23AaaAA+ 900,000.00 91282CHX2 4.57
US TREASURY N/B
DTD 10/31/2023 4.875% 10/31/2028
1,956,345.47 1,948,589.29 7,952.85 1,958,652.54 11/30/2311/29/23AaaAA+ 1,905,000.00 91282CJF9 4.23
US TREASURY N/B
DTD 11/15/2018 3.125% 11/15/2028
1,094,565.63 1,098,610.84 1,567.68 1,090,930.08 01/31/2401/30/24AaaAA+ 1,135,000.00 9128285M8 4.02
US TREASURY N/B
DTD 01/02/2024 3.750% 12/31/2028
946,837.44 950,152.13 15,065.22 948,300.00 01/26/2401/25/24AaaAA+ 960,000.00 91282CJR3 4.02
Account Page 7PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
For the Month Ending November 30, 2024Managed Account Detail of Securities Held
CITY OF SAN LUIS OBISPO OPERATING FUNDS -
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value
Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTradeSettle
Par
U.S. Treasury Bond / Note
US TREASURY N/B
DTD 01/31/2024 4.000% 01/31/2029
1,403,721.27 1,401,789.89 18,851.09 1,400,361.33 02/12/2402/09/24AaaAA+ 1,410,000.00 91282CJW2 4.15
US TREASURY N/B
DTD 02/29/2024 4.250% 02/28/2029
794,134.86 790,535.04 8,532.87 790,617.19 02/29/2402/29/24AaaAA+ 790,000.00 91282CKD2 4.23
US TREASURY N/B
DTD 04/30/2024 4.625% 04/30/2029
398,058.96 392,440.63 1,544.65 392,711.72 05/13/2405/09/24AaaAA+ 390,000.00 91282CKP5 4.47
US TREASURY N/B
DTD 04/30/2024 4.625% 04/30/2029
1,148,247.00 1,124,178.01 4,455.71 1,124,077.15 04/30/2404/29/24AaaAA+ 1,125,000.00 91282CKP5 4.64
US TREASURY N/B
DTD 05/31/2024 4.500% 05/31/2029
315,073.77 312,562.59 38.32 312,809.38 06/07/2406/06/24AaaAA+ 310,000.00 91282CKT7 4.30
US TREASURY N/B
DTD 05/31/2024 4.500% 05/31/2029
2,032,734.00 2,013,458.81 247.25 2,014,765.63 06/05/2406/04/24AaaAA+ 2,000,000.00 91282CKT7 4.33
US TREASURY N/B
DTD 07/01/2024 4.250% 06/30/2029
1,026,015.96 1,013,585.32 18,141.03 1,013,067.19 07/03/2407/02/24AaaAA+ 1,020,000.00 91282CKX8 4.40
US TREASURY N/B
DTD 07/31/2024 4.000% 07/31/2029
273,839.78 276,756.52 3,676.63 276,869.14 08/01/2408/01/24AaaAA+ 275,000.00 91282CLC3 3.85
US TREASURY N/B
DTD 09/03/2024 3.625% 08/31/2029
2,322,784.86 2,374,698.20 21,834.12 2,374,906.64 09/05/2409/04/24AaaAA+ 2,370,000.00 91282CLK5 3.58
US TREASURY N/B
DTD 10/31/2024 4.125% 10/31/2029
360,534.24 359,709.82 1,271.69 359,704.69 10/31/2410/30/24AaaAA+ 360,000.00 91282CLR0 4.14
US TREASURY N/B
DTD 10/31/2024 4.125% 10/31/2029
1,502,226.00 1,496,362.93 5,298.69 1,496,308.59 11/04/2411/01/24AaaAA+ 1,500,000.00 91282CLR0 4.18
301,174.31 65,974,903.05 67,015,362.34 2.81 66,004,305.33 67,950,000.00 Security Type Sub-Total
Municipal Bond / Note
UNIV OF CALIFORNIA-BG (CALLABLE)
DTD 07/16/2020 0.883% 05/15/2025
73,808.55 75,025.60 29.43 75,271.50 07/16/2007/14/20Aa2AA 75,000.00 91412HGE7 0.81
UNIV OF CALIFORNIA-BG (CALLABLE)
DTD 07/16/2020 0.883% 05/15/2025
167,299.38 170,000.00 66.72 170,000.00 07/16/2007/10/20Aa2AA 170,000.00 91412HGE7 0.88
Account Page 8PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
For the Month Ending November 30, 2024Managed Account Detail of Securities Held
CITY OF SAN LUIS OBISPO OPERATING FUNDS -
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value
Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTradeSettle
Par
Municipal Bond / Note
NJ TPK AUTH -B-TXBL
DTD 02/04/2021 1.047% 01/01/2026
207,438.45 215,000.00 937.94 215,000.00 02/04/2101/22/21A1AA- 215,000.00 646140DP5 1.05
1,034.09 448,546.38 460,025.60 0.95 460,271.50 460,000.00 Security Type Sub-Total
Federal Agency Bond / Note
FREDDIE MAC
DTD 02/14/2020 1.500% 02/12/2025
1,083,509.05 1,090,600.38 4,950.42 1,105,085.60 02/28/2002/26/20AaaAA+ 1,090,000.00 3137EAEP0 1.21
FEDERAL HOME LOAN BANK
DTD 04/16/2020 0.500% 04/14/2025
793,393.51 804,704.65 525.49 801,007.20 04/16/2004/15/20AaaAA+ 805,000.00 3130AJHU6 0.60
FANNIE MAE
DTD 04/24/2020 0.625% 04/22/2025
985,290.00 999,838.45 677.08 997,940.00 04/24/2004/22/20AaaAA+ 1,000,000.00 3135G03U5 0.67
FANNIE MAE
DTD 06/19/2020 0.500% 06/17/2025
342,508.95 349,990.82 797.22 349,916.00 06/23/2006/22/20AaaAA+ 350,000.00 3135G04Z3 0.50
FANNIE MAE
DTD 06/19/2020 0.500% 06/17/2025
1,223,246.25 1,249,717.94 2,847.22 1,247,412.50 06/19/2006/17/20AaaAA+ 1,250,000.00 3135G04Z3 0.54
FREDDIE MAC
DTD 07/23/2020 0.375% 07/21/2025
736,042.70 754,519.03 1,022.40 751,240.10 07/23/2007/21/20AaaAA+ 755,000.00 3137EAEU9 0.48
FANNIE MAE
DTD 08/27/2020 0.375% 08/25/2025
777,114.40 799,450.27 800.00 796,256.00 08/27/2008/25/20AaaAA+ 800,000.00 3135G05X7 0.47
FANNIE MAE
DTD 08/27/2020 0.375% 08/25/2025
1,029,676.58 1,059,131.42 1,060.00 1,054,265.40 10/22/2010/21/20AaaAA+ 1,060,000.00 3135G05X7 0.49
FANNIE MAE (CALLABLE)
DTD 08/30/2022 4.000% 08/28/2025
1,571,478.30 1,574,980.49 16,275.00 1,574,921.25 08/30/2208/25/22AaaAA+ 1,575,000.00 3135GACV1 4.00
FREDDIE MAC
DTD 09/25/2020 0.375% 09/23/2025
871,361.10 899,435.16 637.50 896,787.00 02/12/2102/11/21AaaAA+ 900,000.00 3137EAEX3 0.45
FREDDIE MAC
DTD 09/25/2020 0.375% 09/23/2025
1,118,246.75 1,154,435.40 818.13 1,151,523.45 09/25/2009/23/20AaaAA+ 1,155,000.00 3137EAEX3 0.44
Account Page 9PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
For the Month Ending November 30, 2024Managed Account Detail of Securities Held
CITY OF SAN LUIS OBISPO OPERATING FUNDS -
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value
Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTradeSettle
Par
Federal Agency Bond / Note
FANNIE MAE
DTD 11/12/2020 0.500% 11/07/2025
728,305.46 754,494.05 251.67 752,297.10 11/12/2011/09/20AaaAA+ 755,000.00 3135G06G3 0.57
FEDERAL HOME LOAN BANK (CALLABLE)
DTD 08/20/2024 5.250% 08/06/2029
1,315,153.86 1,314,751.92 19,368.85 1,314,737.00 08/23/2408/21/24AaaAA+ 1,315,000.00 3130B2F75 5.25
50,030.98 12,575,326.91 12,806,049.98 1.51 12,793,388.60 12,810,000.00 Security Type Sub-Total
Corporate Note
ADOBE INC (CALLABLE)
DTD 02/03/2020 1.900% 02/01/2025
596,944.80 600,509.70 3,800.00 628,458.00 05/06/2005/04/20A1A+ 600,000.00 00724PAB5 0.88
MASTERCARD INC (CALLABLE)
DTD 12/03/2019 2.000% 03/03/2025
595,894.20 600,943.84 2,933.33 625,986.00 05/06/2005/04/20Aa3A+ 600,000.00 57636QAN4 1.08
INTEL CORP (CALLABLE)
DTD 03/25/2020 3.400% 03/25/2025
557,244.80 562,963.03 3,490.67 620,530.40 05/19/2005/15/20Baa1BBB+ 560,000.00 458140BP4 1.10
MICROSOFT CORP (CALLABLE)
DTD 11/03/2015 3.125% 11/03/2025
1,605,448.00 1,609,086.92 3,949.65 1,577,452.50 01/31/2301/27/23AaaAAA 1,625,000.00 594918BJ2 4.26
BRISTOL-MYERS SQUIBB CO (CALLABLE)
DTD 11/13/2020 0.750% 11/13/2025
284,788.28 294,364.81 110.63 292,061.80 06/21/2106/17/21A2A 295,000.00 110122DN5 0.98
NOVARTIS CAPITAL CORP (CALLABLE)
DTD 11/20/2015 3.000% 11/20/2025
1,527,659.85 1,530,592.28 1,420.83 1,493,890.00 01/31/2301/27/23Aa3AA- 1,550,000.00 66989HAJ7 4.39
BANK OF AMERICA CORP (CALLABLE)
DTD 03/22/2022 3.384% 04/02/2026
895,363.20 900,000.00 4,991.40 900,000.00 03/22/2203/17/22A1A- 900,000.00 06051GKM0 3.38
PACCAR FINANCIAL CORP
DTD 08/10/2023 5.050% 08/10/2026
767,450.28 761,763.00 11,833.83 763,123.60 08/11/2308/09/23A1A+ 760,000.00 69371RS56 4.90
BANK OF AMERICA NA (CALLABLE)
DTD 08/18/2023 5.526% 08/18/2026
624,902.12 615,000.00 9,723.46 615,000.00 08/18/2308/14/23Aa1A+ 615,000.00 06428CAA2 5.53
JP MORGAN CHASE BANK NA (CALLABLE)
DTD 12/08/2023 5.110% 12/08/2026
505,896.00 500,000.00 12,278.19 500,000.00 12/08/2312/05/23Aa2AA- 500,000.00 48125LRU8 5.11
JP MORGAN CHASE BANK NA (CALLABLE)
DTD 12/08/2023 5.110% 12/08/2026
637,428.96 637,304.62 15,470.53 638,416.80 08/09/2408/08/24Aa2AA- 630,000.00 48125LRU8 4.50
Account Page 10PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
For the Month Ending November 30, 2024Managed Account Detail of Securities Held
CITY OF SAN LUIS OBISPO OPERATING FUNDS -
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value
Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTradeSettle
Par
Corporate Note
TARGET CORP (CALLABLE)
DTD 01/24/2022 1.950% 01/15/2027
128,565.36 134,902.10 994.50 134,770.50 01/24/2201/19/22A2A 135,000.00 87612EBM7 1.99
TARGET CORP (CALLABLE)
DTD 01/24/2022 1.950% 01/15/2027
599,971.68 629,835.42 4,641.00 629,615.70 01/31/2201/27/22A2A 630,000.00 87612EBM7 1.96
BANK OF NY MELLON CORP (CALLABLE)
DTD 01/26/2022 2.050% 01/26/2027
977,113.03 1,026,388.60 7,296.01 1,028,300.50 01/28/2201/26/22Aa3A 1,025,000.00 06406RBA4 1.98
PNC FINANCIAL SERVICES (CALLABLE)
DTD 05/19/2017 3.150% 05/19/2027
101,632.76 101,172.04 110.25 98,094.15 12/07/2212/05/22A3A- 105,000.00 693475AT2 4.81
HOME DEPOT INC (CALLABLE)
DTD 09/14/2017 2.800% 09/14/2027
1,008,728.70 1,014,177.71 6,288.33 990,570.00 01/30/2301/26/23A2A 1,050,000.00 437076BT8 4.16
TOYOTA MOTOR CREDIT CORP
DTD 01/12/2023 4.625% 01/12/2028
653,123.90 652,999.85 11,607.47 654,803.50 01/17/2301/12/23A1A+ 650,000.00 89236TKQ7 4.46
JPMORGAN CHASE & CO (CALLABLE)
DTD 02/24/2022 2.947% 02/24/2028
500,406.40 487,552.88 4,129.07 475,472.40 09/18/2309/14/23A1A 520,000.00 46647PCW4 5.13
JOHN DEERE CAPITAL CORP
DTD 07/14/2023 4.950% 07/14/2028
147,537.07 146,427.51 2,731.44 146,972.00 07/14/2307/13/23A1A 145,000.00 24422EXB0 4.64
JOHN DEERE CAPITAL CORP
DTD 07/14/2023 4.950% 07/14/2028
269,636.71 266,884.13 4,991.94 267,597.00 07/18/2307/14/23A1A 265,000.00 24422EXB0 4.73
JOHN DEERE CAPITAL CORP
DTD 07/14/2023 4.950% 07/14/2028
345,948.98 339,633.28 6,404.75 339,493.40 07/14/2307/11/23A1A 340,000.00 24422EXB0 4.98
CITIBANK NA (CALLABLE)
DTD 09/29/2023 5.803% 09/29/2028
1,562,172.00 1,500,000.00 14,991.08 1,500,000.00 09/29/2309/26/23Aa3A+ 1,500,000.00 17325FBB3 5.80
STATE STREET CORP (CALLABLE)
DTD 08/20/2024 4.530% 02/20/2029
498,352.50 500,000.00 6,354.58 500,000.00 08/20/2408/14/24Aa3A 500,000.00 857477CN1 4.53
BLACKROCK FUNDING INC (CALLABLE)
DTD 03/14/2024 4.700% 03/14/2029
96,045.48 94,850.56 955.01 94,828.05 03/14/2403/05/24Aa3AA- 95,000.00 09290DAA9 4.74
BLACKROCK FUNDING INC (CALLABLE)
DTD 03/14/2024 4.700% 03/14/2029
1,147,490.68 1,134,298.51 11,409.90 1,134,194.15 03/18/2403/14/24Aa3AA- 1,135,000.00 09290DAA9 4.72
Account Page 11PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
For the Month Ending November 30, 2024Managed Account Detail of Securities Held
CITY OF SAN LUIS OBISPO OPERATING FUNDS -
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value
Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTradeSettle
Par
Corporate Note
MASTERCARD INC (CALLABLE)
DTD 05/31/2019 2.950% 06/01/2029
517,340.45 508,734.25 8,112.50 505,257.50 06/27/2406/26/24Aa3A+ 550,000.00 57636QAM6 4.82
PEPSICO INC (CALLABLE)
DTD 07/17/2024 4.500% 07/17/2029
513,623.55 509,264.61 8,542.50 509,209.50 07/17/2407/15/24A1A+ 510,000.00 713448FX1 4.53
ELI LILLY & CO (CALLABLE)
DTD 08/14/2024 4.200% 08/14/2029
178,404.84 179,627.68 2,247.00 179,605.80 08/14/2408/12/24A1A+ 180,000.00 532457CQ9 4.25
ELI LILLY & CO (CALLABLE)
DTD 08/14/2024 4.200% 08/14/2029
614,505.56 620,857.56 7,739.67 620,905.20 08/14/2408/13/24A1A+ 620,000.00 532457CQ9 4.17
179,549.52 18,459,620.14 18,460,134.89 4.00 18,464,608.45 18,590,000.00 Security Type Sub-Total
Certificate of Deposit
COOPERAT RABOBANK UA/NY
DTD 07/20/2023 5.080% 07/17/2026
1,017,581.00 1,000,000.00 18,908.89 1,000,000.00 07/20/2307/17/23Aa2A+ 1,000,000.00 21684LGS5 5.08
18,908.89 1,017,581.00 1,000,000.00 5.08 1,000,000.00 1,000,000.00 Security Type Sub-Total
Bank Note
PNC BANK NA (CALLABLE)
DTD 10/23/2017 3.100% 10/25/2027
658,383.64 662,408.08 2,123.50 646,914.00 12/05/2212/01/22A2A 685,000.00 69353RFG8 4.37
2,123.50 658,383.64 662,408.08 4.37 646,914.00 685,000.00 Security Type Sub-Total
Asset-Backed Security
CCCIT 2023-A1 A1
DTD 12/11/2023 5.230% 12/08/2027
226,535.85 224,978.27 5,654.94 224,971.79 12/11/2312/04/23AaaAAA 225,000.00 17305EGW9 5.23
KCOT 2023-2A A3
DTD 07/26/2023 5.280% 01/18/2028
262,645.24 259,954.08 610.13 259,934.32 07/26/2307/18/23AaaNR 260,000.00 500945AC4 5.29
BAAT 2023-1A A3
DTD 07/31/2023 5.530% 02/15/2028
418,868.63 414,988.89 1,019.98 414,984.27 07/31/2307/25/23AaaNR 415,000.00 06428AAC2 5.53
HAROT 2023-3 A3
DTD 08/22/2023 5.410% 02/18/2028
651,580.94 644,904.78 1,260.08 644,867.00 08/22/2308/15/23NRAAA 645,000.00 43815QAC1 5.42
Account Page 12PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
For the Month Ending November 30, 2024Managed Account Detail of Securities Held
CITY OF SAN LUIS OBISPO OPERATING FUNDS -
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value
Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTradeSettle
Par
Asset-Backed Security
TAOT 2023-C A3
DTD 08/15/2023 5.160% 04/17/2028
201,496.40 199,967.29 458.67 199,954.76 08/15/2308/08/23NRAAA 200,000.00 89231FAD2 5.17
BAAT 2023-2A A3
DTD 11/21/2023 5.740% 06/15/2028
776,455.88 764,406.19 1,951.60 764,986.15 11/21/2311/15/23AaaNR 765,000.00 06054YAC1 5.76
TAOT 2023-D A3
DTD 11/14/2023 5.540% 08/15/2028
203,136.80 199,983.29 492.44 199,978.44 11/14/2311/07/23NRAAA 200,000.00 89239FAD4 5.54
FITAT 2023-1 A3
DTD 08/23/2023 5.530% 08/15/2028
712,799.42 704,967.46 1,732.73 704,956.29 08/23/2308/15/23AaaAAA 705,000.00 31680EAD3 5.53
CHAIT 2023-A1 A
DTD 09/15/2023 5.160% 09/15/2028
814,982.81 804,825.82 1,846.13 804,776.85 09/15/2309/07/23NRAAA 805,000.00 161571HT4 5.17
AMXCA 2023-3 A
DTD 09/19/2023 5.230% 09/15/2028
835,717.58 824,598.24 1,917.67 824,963.12 09/19/2309/12/23NRAAA 825,000.00 02582JKD1 5.24
HART 2023-C A3
DTD 11/13/2023 5.540% 10/16/2028
299,596.40 294,969.20 726.36 294,961.21 11/13/2311/03/23NRAAA 295,000.00 44918CAD4 5.54
BACCT 2023-A2 A2
DTD 12/14/2023 4.980% 11/15/2028
368,553.28 364,960.76 807.87 364,950.98 12/14/2312/07/23AaaNR 365,000.00 05522RDH8 4.98
GMCAR 2024-1 A3
DTD 01/17/2024 4.850% 12/18/2028
100,589.50 99,983.13 202.08 99,979.89 01/17/2401/09/24AaaNR 100,000.00 36268GAD7 4.85
NAROT 2024-B A3
DTD 10/23/2024 4.340% 03/15/2029
214,528.94 214,980.68 414.71 214,980.13 10/23/2410/16/24AaaNR 215,000.00 65479WAD6 4.34
HART 2024-B A3
DTD 07/24/2024 4.840% 03/15/2029
372,787.58 369,948.51 795.91 369,944.17 07/24/2407/16/24NRAAA 370,000.00 44934QAD3 4.84
HAROT 2024-3 A3
DTD 08/21/2024 4.570% 03/21/2029
656,041.45 654,902.89 831.49 654,897.10 08/21/2408/09/24AaaNR 655,000.00 43813YAC6 4.57
HAROT 2024-4 A3
DTD 10/24/2024 4.330% 05/15/2029
284,463.35 284,960.80 548.47 284,959.67 10/24/2410/16/24AaaAAA 285,000.00 43816DAC9 4.33
HART 2024-C A3
DTD 10/16/2024 4.410% 05/15/2029
359,433.72 359,975.29 705.60 359,973.65 10/16/2410/08/24NRAAA 360,000.00 448976AD2 4.41
Account Page 13PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
For the Month Ending November 30, 2024Managed Account Detail of Securities Held
CITY OF SAN LUIS OBISPO OPERATING FUNDS -
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value
Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTradeSettle
Par
Asset-Backed Security
AMXCA 2024-3 A
DTD 07/23/2024 4.650% 07/15/2029
618,239.21 614,974.47 1,271.00 614,972.08 07/23/2407/16/24NRAAA 615,000.00 02589BAE0 4.65
23,247.86 8,378,452.98 8,303,230.04 5.13 8,303,991.87 8,305,000.00 Security Type Sub-Total
109,800,000.00 107,673,479.75 3.07 576,069.15 108,707,210.93 107,512,814.10 Managed Account Sub-Total
$109,800,000.00 $107,673,479.75 $576,069.15 $108,707,210.93 $107,512,814.10 3.07%
$108,088,883.25
$576,069.15
Total Investments
Accrued Interest
Securities Sub-Total
Account Page 14PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
For the Month Ending November 30, 2024Managed Account Fair Market Value & Analytics
CITY OF SAN LUIS OBISPO OPERATING FUNDS -
Value On Cost Amort CostCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt
Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective
Duration
U.S. Treasury Bond / Note
(5,186.81)(88,624.31) 1,496,571.00 99.77 JPMorgan 1,500,000.00 912828YY0US TREASURY N/B
DTD 12/31/2019 1.750% 12/31/2024
4.57 0.08
(11,685.86)(3,657.70) 752,407.34 98.35 HSBC 765,000.00 912828ZL7US TREASURY N/B
DTD 04/30/2020 0.375% 04/30/2025
5.25 0.40
(6,315.35)(2,109.17) 333,096.30 97.97 GoldmanS 340,000.00 912828ZT0US TREASURY N/B
DTD 06/01/2020 0.250% 05/31/2025
4.93 0.49
(75,303.89)(51,137.38) 2,569,257.15 96.95 WellsFar 2,650,000.00 91282CAJ0US TREASURY N/B
DTD 08/31/2020 0.250% 08/31/2025
4.41 0.74
(39,665.76)(22,027.01) 1,275,801.12 96.65 HSBC 1,320,000.00 91282CAM3US TREASURY N/B
DTD 09/30/2020 0.250% 09/30/2025
4.35 0.82
(44,733.24)(21,754.78) 1,348,604.60 96.33 TD Secur 1,400,000.00 91282CAT8US TREASURY N/B
DTD 11/02/2020 0.250% 10/31/2025
4.44 0.90
(63,736.14)(21,827.25) 1,922,704.00 96.14 Citigrou 2,000,000.00 91282CAZ4US TREASURY N/B
DTD 11/30/2020 0.375% 11/30/2025
4.38 0.98
(11,941.08)(5,904.05) 316,271.34 95.84 JPMorgan 330,000.00 91282CBC4US TREASURY N/B
DTD 12/31/2020 0.375% 12/31/2025
4.35 1.06
(18,750.41)(17,358.01) 440,863.08 95.84 Citigrou 460,000.00 91282CBC4US TREASURY N/B
DTD 12/31/2020 0.375% 12/31/2025
4.35 1.06
(51,226.97)(34,246.10) 1,298,629.29 95.84 JPMorgan 1,355,000.00 91282CBC4US TREASURY N/B
DTD 12/31/2020 0.375% 12/31/2025
4.35 1.06
(143,320.96)(135,079.66) 3,354,393.00 95.84 Citigrou 3,500,000.00 91282CBC4US TREASURY N/B
DTD 12/31/2020 0.375% 12/31/2025
4.35 1.06
(10,939.92)(7,003.76) 262,711.08 95.53 BNPPSA 275,000.00 91282CBH3US TREASURY N/B
DTD 02/01/2021 0.375% 01/31/2026
4.37 1.15
(14,938.79)(42,087.13) 338,423.61 98.09 HSBC 345,000.00 9128286A3US TREASURY N/B
DTD 01/31/2019 2.625% 01/31/2026
4.32 1.13
(22,678.74)(13,670.81) 544,528.41 95.53 BOFAML 570,000.00 91282CBH3US TREASURY N/B
DTD 02/01/2021 0.375% 01/31/2026
4.37 1.15
(30,679.83)(1,966.32) 907,547.35 95.53 JPMorgan 950,000.00 91282CBH3US TREASURY N/B
DTD 02/01/2021 0.375% 01/31/2026
4.37 1.15
(38,390.19)(19,298.31) 979,195.83 95.53 Barclays 1,025,000.00 91282CBH3US TREASURY N/B
DTD 02/01/2021 0.375% 01/31/2026
4.37 1.15
(19,955.51) 71,806.78 1,370,874.16 95.53 Citigrou 1,435,000.00 91282CBH3US TREASURY N/B
DTD 02/01/2021 0.375% 01/31/2026
4.37 1.15
Account Page 15PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
For the Month Ending November 30, 2024Managed Account Fair Market Value & Analytics
CITY OF SAN LUIS OBISPO OPERATING FUNDS -
Value On Cost Amort CostCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt
Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective
Duration
U.S. Treasury Bond / Note
(56,956.31)(15,210.11) 1,576,266.45 95.53 MorganSt 1,650,000.00 91282CBH3US TREASURY N/B
DTD 02/01/2021 0.375% 01/31/2026
4.37 1.15
(44,623.01) 124,491.98 2,588,898.23 95.53 JPMorgan 2,710,000.00 91282CBH3US TREASURY N/B
DTD 02/01/2021 0.375% 01/31/2026
4.37 1.15
(80,961.47)(56,519.29) 1,860,879.15 95.43 Nomura 1,950,000.00 91282CBQ3US TREASURY N/B
DTD 03/01/2021 0.500% 02/28/2026
4.31 1.22
(18,142.74)(18,109.53) 381,843.60 95.46 Citigrou 400,000.00 91282CBT7US TREASURY N/B
DTD 03/31/2021 0.750% 03/31/2026
4.30 1.30
(14,018.18) 24,038.62 693,072.22 94.94 Citigrou 730,000.00 91282CCF6US TREASURY N/B
DTD 06/01/2021 0.750% 05/31/2026
4.27 1.46
(6,369.66) 104,870.21 1,557,038.96 94.94 Citigrou 1,640,000.00 91282CCF6US TREASURY N/B
DTD 06/01/2021 0.750% 05/31/2026
4.27 1.46
(9,295.58) 44,896.04 1,288,858.93 94.42 MorganSt 1,365,000.00 91282CDK4US TREASURY N/B
DTD 11/30/2021 1.250% 11/30/2026
4.19 1.94
(33,514.14) 27,005.96 1,063,755.96 91.70 Nomura 1,160,000.00 912828ZN3US TREASURY N/B
DTD 04/30/2020 0.500% 04/30/2027
4.15 2.35
(6,175.07) 44,683.01 1,486,425.20 95.90 Nomura 1,550,000.00 912828X88US TREASURY N/B
DTD 05/15/2017 2.375% 05/15/2027
4.19 2.35
(57,102.29)(44,483.46) 1,644,657.56 95.90 JPMorgan 1,715,000.00 912828X88US TREASURY N/B
DTD 05/15/2017 2.375% 05/15/2027
4.19 2.35
(26,059.51) 39,060.03 1,034,933.86 91.18 BNPPSA 1,135,000.00 912828ZV5US TREASURY N/B
DTD 06/30/2020 0.500% 06/30/2027
4.14 2.50
(11,221.15) 2,650.32 562,021.02 95.26 HSBC 590,000.00 9128282R0US TREASURY N/B
DTD 08/15/2017 2.250% 08/15/2027
4.17 2.57
(9,499.45) 75,194.70 1,262,132.20 90.15 BNPPSA 1,400,000.00 91282CAU5US TREASURY N/B
DTD 11/02/2020 0.500% 10/31/2027
4.17 2.84
(7,134.92)(7,304.81) 993,203.00 99.32 JPMorgan 1,000,000.00 91282CFZ9US TREASURY N/B
DTD 11/30/2022 3.875% 11/30/2027
4.12 2.80
(9,358.56)(6,873.17) 1,941,635.62 99.32 Citigrou 1,955,000.00 91282CGC9US TREASURY N/B
DTD 01/03/2023 3.875% 12/31/2027
4.11 2.83
(8,800.87)(11,634.29) 727,205.56 99.62 HSBC 730,000.00 91282CGP0US TREASURY N/B
DTD 02/28/2023 4.000% 02/29/2028
4.13 2.98
(34,331.64)(38,342.53) 1,649,285.40 98.46 Citigrou 1,675,000.00 91282CGT2US TREASURY N/B
DTD 03/31/2023 3.625% 03/31/2028
4.12 3.08
Account Page 16PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
For the Month Ending November 30, 2024Managed Account Fair Market Value & Analytics
CITY OF SAN LUIS OBISPO OPERATING FUNDS -
Value On Cost Amort CostCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt
Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective
Duration
U.S. Treasury Bond / Note
(14,954.66) 73,380.35 2,255,054.18 91.11 MorganSt 2,475,000.00 91282CBS9US TREASURY N/B
DTD 03/31/2021 1.250% 03/31/2028
4.17 3.20
(16,289.48)(14,726.13) 980,352.00 98.04 BOFAML 1,000,000.00 91282CHA2US TREASURY N/B
DTD 05/01/2023 3.500% 04/30/2028
4.12 3.17
8,397.93 12,873.41 1,942,459.35 99.61 HSBC 1,950,000.00 91282CHK0US TREASURY N/B
DTD 06/30/2023 4.000% 06/30/2028
4.12 3.24
(9,745.38)(9,765.16) 2,490,332.50 99.61 Citigrou 2,500,000.00 91282CHK0US TREASURY N/B
DTD 06/30/2023 4.000% 06/30/2028
4.12 3.24
13,457.08 15,328.57 907,594.20 100.84 HSBC 900,000.00 91282CHX2US TREASURY N/B
DTD 08/31/2023 4.375% 08/31/2028
4.13 3.39
7,756.18 (2,307.07) 1,956,345.47 102.70 JPMorgan 1,905,000.00 91282CJF9US TREASURY N/B
DTD 10/31/2023 4.875% 10/31/2028
4.12 3.53
(4,045.21) 3,635.55 1,094,565.63 96.44 BMO 1,135,000.00 9128285M8US TREASURY N/B
DTD 11/15/2018 3.125% 11/15/2028
4.11 3.66
(3,314.69)(1,462.56) 946,837.44 98.63 HSBC 960,000.00 91282CJR3US TREASURY N/B
DTD 01/02/2024 3.750% 12/31/2028
4.12 3.68
1,931.38 3,359.94 1,403,721.27 99.55 BMO 1,410,000.00 91282CJW2US TREASURY N/B
DTD 01/31/2024 4.000% 01/31/2029
4.12 3.75
3,599.82 3,517.67 794,134.86 100.52 BMO 790,000.00 91282CKD2US TREASURY N/B
DTD 02/29/2024 4.250% 02/28/2029
4.11 3.81
5,618.33 5,347.24 398,058.96 102.07 BNP Sec 390,000.00 91282CKP5US TREASURY N/B
DTD 04/30/2024 4.625% 04/30/2029
4.11 3.95
24,068.99 24,169.85 1,148,247.00 102.07 Citigrou 1,125,000.00 91282CKP5US TREASURY N/B
DTD 04/30/2024 4.625% 04/30/2029
4.11 3.95
2,511.18 2,264.39 315,073.77 101.64 JPMorgan 310,000.00 91282CKT7US TREASURY N/B
DTD 05/31/2024 4.500% 05/31/2029
4.14 3.96
19,275.19 17,968.37 2,032,734.00 101.64 JPMorgan 2,000,000.00 91282CKT7US TREASURY N/B
DTD 05/31/2024 4.500% 05/31/2029
4.14 3.96
12,430.64 12,948.77 1,026,015.96 100.59 HSBC 1,020,000.00 91282CKX8US TREASURY N/B
DTD 07/01/2024 4.250% 06/30/2029
4.14 4.06
(2,916.74)(3,029.36) 273,839.78 99.58 Barclays 275,000.00 91282CLC3US TREASURY N/B
DTD 07/31/2024 4.000% 07/31/2029
4.10 4.15
(51,913.34)(52,121.78) 2,322,784.86 98.01 Citigrou 2,370,000.00 91282CLK5US TREASURY N/B
DTD 09/03/2024 3.625% 08/31/2029
4.09 4.27
Account Page 17PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
For the Month Ending November 30, 2024Managed Account Fair Market Value & Analytics
CITY OF SAN LUIS OBISPO OPERATING FUNDS -
Value On Cost Amort CostCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt
Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective
Duration
U.S. Treasury Bond / Note
824.42 829.55 360,534.24 100.15 HSBC 360,000.00 91282CLR0US TREASURY N/B
DTD 10/31/2024 4.125% 10/31/2029
4.09 4.39
5,863.07 5,917.41 1,502,226.00 100.15 HSBC 1,500,000.00 91282CLR0US TREASURY N/B
DTD 10/31/2024 4.125% 10/31/2029
4.09 4.39
(29,402.28) 4.25 (1,040,459.29) 65,974,903.05 67,950,000.00 Security Type Sub-Total 2.32
Municipal Bond / Note
(1,217.05)(1,462.95) 73,808.55 98.41 04/15/25JPMorgan 75,000.00 91412HGE7UNIV OF CALIFORNIA-BG (CALLABLE)
DTD 07/16/2020 0.883% 05/15/2025
4.47 0.45
(2,700.62)(2,700.62) 167,299.38 98.41 04/15/25JPMorgan 170,000.00 91412HGE7UNIV OF CALIFORNIA-BG (CALLABLE)
DTD 07/16/2020 0.883% 05/15/2025
4.47 0.45
(7,561.55)(7,561.55) 207,438.45 96.48 Citigrou 215,000.00 646140DP5NJ TPK AUTH -B-TXBL
DTD 02/04/2021 1.047% 01/01/2026
4.44 1.06
(11,725.12) 4.46 (11,479.22) 448,546.38 460,000.00 Security Type Sub-Total 0.74
Federal Agency Bond / Note
(7,091.33)(21,576.55) 1,083,509.05 99.40 WellsFar 1,090,000.00 3137EAEP0FREDDIE MAC
DTD 02/14/2020 1.500% 02/12/2025
5.32 0.20
(11,311.14)(7,613.69) 793,393.51 98.56 Citigrou 805,000.00 3130AJHU6FEDERAL HOME LOAN BANK
DTD 04/16/2020 0.500% 04/14/2025
5.23 0.37
(14,548.45)(12,650.00) 985,290.00 98.53 Citigrou 1,000,000.00 3135G03U5FANNIE MAE
DTD 04/24/2020 0.625% 04/22/2025
5.28 0.38
(7,481.87)(7,407.05) 342,508.95 97.86 WellsFar 350,000.00 3135G04Z3FANNIE MAE
DTD 06/19/2020 0.500% 06/17/2025
4.61 0.53
(26,471.69)(24,166.25) 1,223,246.25 97.86 Nomura 1,250,000.00 3135G04Z3FANNIE MAE
DTD 06/19/2020 0.500% 06/17/2025
4.61 0.53
(18,476.33)(15,197.40) 736,042.70 97.49 WellsFar 755,000.00 3137EAEU9FREDDIE MAC
DTD 07/23/2020 0.375% 07/21/2025
4.45 0.63
(22,335.87)(19,141.60) 777,114.40 97.14 Barclays 800,000.00 3135G05X7FANNIE MAE
DTD 08/27/2020 0.375% 08/25/2025
4.38 0.72
(29,454.84)(24,588.82) 1,029,676.58 97.14 Nomura 1,060,000.00 3135G05X7FANNIE MAE
DTD 08/27/2020 0.375% 08/25/2025
4.38 0.72
Account Page 18PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
For the Month Ending November 30, 2024Managed Account Fair Market Value & Analytics
CITY OF SAN LUIS OBISPO OPERATING FUNDS -
Value On Cost Amort CostCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt
Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective
Duration
Federal Agency Bond / Note
(3,502.19)(3,442.95) 1,571,478.30 99.78 02/28/25MorganSt 1,575,000.00 3135GACV1FANNIE MAE (CALLABLE)
DTD 08/30/2022 4.000% 08/28/2025
4.33 0.57
(28,074.06)(25,425.90) 871,361.10 96.82 MorganSt 900,000.00 3137EAEX3FREDDIE MAC
DTD 09/25/2020 0.375% 09/23/2025
4.03 0.80
(36,188.65)(33,276.70) 1,118,246.75 96.82 Citigrou 1,155,000.00 3137EAEX3FREDDIE MAC
DTD 09/25/2020 0.375% 09/23/2025
4.03 0.80
(26,188.59)(23,991.64) 728,305.46 96.46 Barclays 755,000.00 3135G06G3FANNIE MAE
DTD 11/12/2020 0.500% 11/07/2025
4.41 0.92
401.94 416.86 1,315,153.86 100.01 02/06/25RBC Capi 1,315,000.00 3130B2F75FEDERAL HOME LOAN BANK (CALLABLE)
DTD 08/20/2024 5.250% 08/06/2029
5.25 0.70
(218,061.69) 4.65 (230,723.07) 12,575,326.91 12,810,000.00 Security Type Sub-Total 0.60
Corporate Note
(3,564.90)(31,513.20) 596,944.80 99.49 01/01/25TD Secur 600,000.00 00724PAB5ADOBE INC (CALLABLE)
DTD 02/03/2020 1.900% 02/01/2025
4.99 0.17
(5,049.64)(30,091.80) 595,894.20 99.32 02/03/25JANE 600,000.00 57636QAN4MASTERCARD INC (CALLABLE)
DTD 12/03/2019 2.000% 03/03/2025
4.71 0.25
(5,718.23)(63,285.60) 557,244.80 99.51 02/25/25US_BANC 560,000.00 458140BP4INTEL CORP (CALLABLE)
DTD 03/25/2020 3.400% 03/25/2025
5.08 0.32
(3,638.92) 27,995.50 1,605,448.00 98.80 08/03/25MorganSt 1,625,000.00 594918BJ2MICROSOFT CORP (CALLABLE)
DTD 11/03/2015 3.125% 11/03/2025
4.47 0.89
(9,576.53)(7,273.52) 284,788.28 96.54 10/13/25Citigrou 295,000.00 110122DN5BRISTOL-MYERS SQUIBB CO (CALLABLE)
DTD 11/13/2020 0.750% 11/13/2025
4.51 0.93
(2,932.43) 33,769.85 1,527,659.85 98.56 08/20/25Citigrou 1,550,000.00 66989HAJ7NOVARTIS CAPITAL CORP (CALLABLE)
DTD 11/20/2015 3.000% 11/20/2025
4.54 0.94
(4,636.80)(4,636.80) 895,363.20 99.48 04/02/25BOFAML 900,000.00 06051GKM0BANK OF AMERICA CORP (CALLABLE)
DTD 03/22/2022 3.384% 04/02/2026
5.69 0.33
5,687.28 4,326.68 767,450.28 100.98 TD Secur 760,000.00 69371RS56PACCAR FINANCIAL CORP
DTD 08/10/2023 5.050% 08/10/2026
4.44 1.59
9,902.12 9,902.12 624,902.12 101.61 07/17/26BOFAML 615,000.00 06428CAA2BANK OF AMERICA NA (CALLABLE)
DTD 08/18/2023 5.526% 08/18/2026
4.53 1.54
5,896.00 5,896.00 505,896.00 101.18 11/08/26JPMorgan 500,000.00 48125LRU8JP MORGAN CHASE BANK NA (CALLABLE)
DTD 12/08/2023 5.110% 12/08/2026
4.49 1.81
Account Page 19PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
For the Month Ending November 30, 2024Managed Account Fair Market Value & Analytics
CITY OF SAN LUIS OBISPO OPERATING FUNDS -
Value On Cost Amort CostCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt
Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective
Duration
Corporate Note
124.34 (987.84) 637,428.96 101.18 11/08/26GoldmanS 630,000.00 48125LRU8JP MORGAN CHASE BANK NA (CALLABLE)
DTD 12/08/2023 5.110% 12/08/2026
4.49 1.81
(6,336.74)(6,205.14) 128,565.36 95.23 12/15/26Citigrou 135,000.00 87612EBM7TARGET CORP (CALLABLE)
DTD 01/24/2022 1.950% 01/15/2027
4.32 2.02
(29,863.74)(29,644.02) 599,971.68 95.23 12/15/26Barclays 630,000.00 87612EBM7TARGET CORP (CALLABLE)
DTD 01/24/2022 1.950% 01/15/2027
4.32 2.02
(49,275.57)(51,187.47) 977,113.03 95.33 12/24/26JPMorgan 1,025,000.00 06406RBA4BANK OF NY MELLON CORP (CALLABLE)
DTD 01/26/2022 2.050% 01/26/2027
4.35 2.05
460.72 3,538.61 101,632.76 96.79 04/19/27MorganSt 105,000.00 693475AT2PNC FINANCIAL SERVICES (CALLABLE)
DTD 05/19/2017 3.150% 05/19/2027
4.59 2.32
(5,449.01) 18,158.70 1,008,728.70 96.07 06/14/27TD Secur 1,050,000.00 437076BT8HOME DEPOT INC (CALLABLE)
DTD 09/14/2017 2.800% 09/14/2027
4.36 2.58
124.05 (1,679.60) 653,123.90 100.48 WellsFar 650,000.00 89236TKQ7TOYOTA MOTOR CREDIT CORP
DTD 01/12/2023 4.625% 01/12/2028
4.46 2.82
12,853.52 24,934.00 500,406.40 96.23 02/24/27BOFAML 520,000.00 46647PCW4JPMORGAN CHASE & CO (CALLABLE)
DTD 02/24/2022 2.947% 02/24/2028
5.10 2.12
1,109.56 565.07 147,537.07 101.75 SBSC 145,000.00 24422EXB0JOHN DEERE CAPITAL CORP
DTD 07/14/2023 4.950% 07/14/2028
4.47 3.23
2,752.58 2,039.71 269,636.71 101.75 SGSA 265,000.00 24422EXB0JOHN DEERE CAPITAL CORP
DTD 07/14/2023 4.950% 07/14/2028
4.47 3.23
6,315.70 6,455.58 345,948.98 101.75 Citigrou 340,000.00 24422EXB0JOHN DEERE CAPITAL CORP
DTD 07/14/2023 4.950% 07/14/2028
4.47 3.23
62,172.00 62,172.00 1,562,172.00 104.14 08/29/28Citigrou 1,500,000.00 17325FBB3CITIBANK NA (CALLABLE)
DTD 09/29/2023 5.803% 09/29/2028
4.61 3.34
(1,647.50)(1,647.50) 498,352.50 99.67 02/20/28HSBC 500,000.00 857477CN1STATE STREET CORP (CALLABLE)
DTD 08/20/2024 4.530% 02/20/2029
4.86 2.93
1,194.92 1,217.43 96,045.48 101.10 02/14/29Citigrou 95,000.00 09290DAA9BLACKROCK FUNDING INC (CALLABLE)
DTD 03/14/2024 4.700% 03/14/2029
4.41 3.77
13,192.17 13,296.53 1,147,490.68 101.10 02/14/29JPMorgan 1,135,000.00 09290DAA9BLACKROCK FUNDING INC (CALLABLE)
DTD 03/14/2024 4.700% 03/14/2029
4.41 3.77
8,606.20 12,082.95 517,340.45 94.06 03/01/29Citigrou 550,000.00 57636QAM6MASTERCARD INC (CALLABLE)
DTD 05/31/2019 2.950% 06/01/2029
4.46 4.03
4,358.94 4,414.05 513,623.55 100.71 06/17/29Citigrou 510,000.00 713448FX1PEPSICO INC (CALLABLE)
DTD 07/17/2024 4.500% 07/17/2029
4.33 4.03
Account Page 20PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
For the Month Ending November 30, 2024Managed Account Fair Market Value & Analytics
CITY OF SAN LUIS OBISPO OPERATING FUNDS -
Value On Cost Amort CostCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt
Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective
Duration
Corporate Note
(1,222.84)(1,200.96) 178,404.84 99.11 07/14/29MorganSt 180,000.00 532457CQ9ELI LILLY & CO (CALLABLE)
DTD 08/14/2024 4.200% 08/14/2029
4.41 4.13
(6,352.00)(6,399.64) 614,505.56 99.11 07/14/29JPMorgan 620,000.00 532457CQ9ELI LILLY & CO (CALLABLE)
DTD 08/14/2024 4.200% 08/14/2029
4.41 4.13
(4,988.31) 4.59 (514.75) 18,459,620.14 18,590,000.00 Security Type Sub-Total 2.09
Certificate of Deposit
17,581.00 17,581.00 1,017,581.00 101.76 RABO UA 1,000,000.00 21684LGS5COOPERAT RABOBANK UA/NY
DTD 07/20/2023 5.080% 07/17/2026
3.91 1.54
17,581.00 3.91 17,581.00 1,017,581.00 1,000,000.00 Security Type Sub-Total 1.54
Bank Note
(4,024.44) 11,469.64 658,383.64 96.11 09/25/27RBS 685,000.00 69353RFG8PNC BANK NA (CALLABLE)
DTD 10/23/2017 3.100% 10/25/2027
4.54 2.70
11,469.64 4.54 (4,024.44) 658,383.64 685,000.00 Security Type Sub-Total 2.70
Asset-Backed Security
1,557.58 1,564.06 226,535.85 100.68 Citigrou 225,000.00 17305EGW9CCCIT 2023-A1 A1
DTD 12/11/2023 5.230% 12/08/2027
4.54 0.96
2,691.16 2,710.92 262,645.24 101.02 JPMorgan 260,000.00 500945AC4KCOT 2023-2A A3
DTD 07/26/2023 5.280% 01/18/2028
4.63 1.42
3,879.74 3,884.36 418,868.63 100.93 BOFAML 415,000.00 06428AAC2BAAT 2023-1A A3
DTD 07/31/2023 5.530% 02/15/2028
4.74 1.10
6,676.16 6,713.94 651,580.94 101.02 BOFAML 645,000.00 43815QAC1HAROT 2023-3 A3
DTD 08/22/2023 5.410% 02/18/2028
4.55 1.11
1,529.11 1,541.64 201,496.40 100.75 BNPPSA 200,000.00 89231FAD2TAOT 2023-C A3
DTD 08/15/2023 5.160% 04/17/2028
4.58 1.19
12,049.69 11,469.73 776,455.88 101.50 BOFAML 765,000.00 06054YAC1BAAT 2023-2A A3
DTD 11/21/2023 5.740% 06/15/2028
4.71 1.36
3,153.51 3,158.36 203,136.80 101.57 JPMorgan 200,000.00 89239FAD4TAOT 2023-D A3
DTD 11/14/2023 5.540% 08/15/2028
4.56 1.49
Account Page 21PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
For the Month Ending November 30, 2024Managed Account Fair Market Value & Analytics
CITY OF SAN LUIS OBISPO OPERATING FUNDS -
Value On Cost Amort CostCUSIPBrokerDatePriceDated Date/Coupon/Maturity Par at Mkt
Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective
Duration
Asset-Backed Security
7,831.96 7,843.13 712,799.42 101.11 JPMorgan 705,000.00 31680EAD3FITAT 2023-1 A3
DTD 08/23/2023 5.530% 08/15/2028
4.68 1.20
10,156.99 10,205.96 814,982.81 101.24 JPMorgan 805,000.00 161571HT4CHAIT 2023-A1 A
DTD 09/15/2023 5.160% 09/15/2028
4.48 1.68
11,119.34 10,754.46 835,717.58 101.30 Citigrou 825,000.00 02582JKD1AMXCA 2023-3 A
DTD 09/19/2023 5.230% 09/15/2028
4.51 1.67
4,627.20 4,635.19 299,596.40 101.56 BNPPSA 295,000.00 44918CAD4HART 2023-C A3
DTD 11/13/2023 5.540% 10/16/2028
4.56 1.48
3,592.52 3,602.30 368,553.28 100.97 BOFAML 365,000.00 05522RDH8BACCT 2023-A2 A2
DTD 12/14/2023 4.980% 11/15/2028
4.50 1.83
606.37 609.61 100,589.50 100.59 Barclays 100,000.00 36268GAD7GMCAR 2024-1 A3
DTD 01/17/2024 4.850% 12/18/2028
4.50 1.49
(451.74)(451.19) 214,528.94 99.78 MIZU 215,000.00 65479WAD6NAROT 2024-B A3
DTD 10/23/2024 4.340% 03/15/2029
4.49 2.03
2,839.07 2,843.41 372,787.58 100.75 Citigrou 370,000.00 44934QAD3HART 2024-B A3
DTD 07/24/2024 4.840% 03/15/2029
4.51 1.97
1,138.56 1,144.35 656,041.45 100.16 JPMorgan 655,000.00 43813YAC6HAROT 2024-3 A3
DTD 08/21/2024 4.570% 03/21/2029
4.53 1.99
(497.45)(496.32) 284,463.35 99.81 BOFAML 285,000.00 43816DAC9HAROT 2024-4 A3
DTD 10/24/2024 4.330% 05/15/2029
4.46 2.03
(541.57)(539.93) 359,433.72 99.84 Barclays 360,000.00 448976AD2HART 2024-C A3
DTD 10/16/2024 4.410% 05/15/2029
4.52 2.12
3,264.74 3,267.13 618,239.21 100.53 Citigrou 615,000.00 02589BAE0AMXCA 2024-3 A
DTD 07/23/2024 4.650% 07/15/2029
4.48 2.41
74,461.11 4.56 75,222.94 8,378,452.98 8,305,000.00 Security Type Sub-Total 1.62
109,800,000.00 107,512,814.10 (160,665.65)(1,194,396.83) 4.38 Managed Account Sub-Total 2.01
Total Investments $108,088,883.25
$576,069.15
$107,512,814.10
Accrued Interest
Securities Sub-Total $109,800,000.00 ($160,665.65)($1,194,396.83) 4.38% 2.01
Account Page 22PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
For the Month Ending November 30, 2024Managed Account Security Transactions & Interest
CITY OF SAN LUIS OBISPO OPERATING FUNDS -
Transaction Type
Trade CUSIPSecurity DescriptionSettle Par Proceeds
Principal Accrued
Interest Total Cost
Realized G/L Realized G/L Sale
Amort Cost Method
BUY
11/04/24 US TREASURY N/B
DTD 10/31/2024 4.125% 10/31/2029
91282CLR0 (1,496,308.59)(683.70)(1,496,992.29) 1,500,000.00 11/01/24
(683.70)(1,496,992.29)(1,496,308.59) 1,500,000.00 Transaction Type Sub-Total
INTEREST
11/01/24 MONEY MARKET FUND
DTD 01/01/2010 0.000% --
MONEY0002 0.00 960.77 960.77 11/01/24
11/03/24 MICROSOFT CORP (CALLABLE)
DTD 11/03/2015 3.125% 11/03/2025
594918BJ2 0.00 25,390.63 25,390.63 11/03/24
11/07/24 FANNIE MAE
DTD 11/12/2020 0.500% 11/07/2025
3135G06G3 0.00 1,887.50 1,887.50 11/07/24
11/13/24 BRISTOL-MYERS SQUIBB CO
(CALLABLE)
DTD 11/13/2020 0.750% 11/13/2025
110122DN5 0.00 1,106.25 1,106.25 11/13/24
11/15/24 BAAT 2023-1A A3
DTD 07/31/2023 5.530% 02/15/2028
06428AAC2 0.00 1,912.46 1,912.46 11/15/24
11/15/24 BAAT 2023-2A A3
DTD 11/21/2023 5.740% 06/15/2028
06054YAC1 0.00 3,659.25 3,659.25 11/15/24
11/15/24 TAOT 2023-C A3
DTD 08/15/2023 5.160% 04/17/2028
89231FAD2 0.00 860.00 860.00 11/15/24
11/15/24 KCOT 2023-2A A3
DTD 07/26/2023 5.280% 01/18/2028
500945AC4 0.00 1,144.00 1,144.00 11/15/24
11/15/24 TAOT 2023-D A3
DTD 11/14/2023 5.540% 08/15/2028
89239FAD4 0.00 923.33 923.33 11/15/24
11/15/24 CHAIT 2023-A1 A
DTD 09/15/2023 5.160% 09/15/2028
161571HT4 0.00 3,461.50 3,461.50 11/15/24
11/15/24 AMXCA 2024-3 A
DTD 07/23/2024 4.650% 07/15/2029
02589BAE0 0.00 2,383.13 2,383.13 11/15/24
11/15/24 BACCT 2023-A2 A2
DTD 12/14/2023 4.980% 11/15/2028
05522RDH8 0.00 1,514.75 1,514.75 11/15/24
11/15/24 HART 2024-B A3
DTD 07/24/2024 4.840% 03/15/2029
44934QAD3 0.00 1,492.33 1,492.33 11/15/24
11/15/24 US TREASURY N/B
DTD 05/15/2017 2.375% 05/15/2027
912828X88 0.00 38,771.88 38,771.88 11/15/24
Account Page 23PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
For the Month Ending November 30, 2024Managed Account Security Transactions & Interest
CITY OF SAN LUIS OBISPO OPERATING FUNDS -
Transaction Type
Trade CUSIPSecurity DescriptionSettle Par Proceeds
Principal Accrued
Interest Total Cost
Realized G/L Realized G/L Sale
Amort Cost Method
INTEREST
11/15/24 HAROT 2024-4 A3
DTD 10/24/2024 4.330% 05/15/2029
43816DAC9 0.00 719.86 719.86 11/15/24
11/15/24 CARMX 2021-2 A3
DTD 04/21/2021 0.520% 02/17/2026
14314QAC8 0.00 4.61 4.61 11/15/24
11/15/24 FITAT 2023-1 A3
DTD 08/23/2023 5.530% 08/15/2028
31680EAD3 0.00 3,248.88 3,248.88 11/15/24
11/15/24 HART 2023-C A3
DTD 11/13/2023 5.540% 10/16/2028
44918CAD4 0.00 1,361.92 1,361.92 11/15/24
11/15/24 UNIV OF CALIFORNIA-BG (CALLABLE)
DTD 07/16/2020 0.883% 05/15/2025
91412HGE7 0.00 1,081.68 1,081.68 11/15/24
11/15/24 NAROT 2024-B A3
DTD 10/23/2024 4.340% 03/15/2029
65479WAD6 0.00 570.23 570.23 11/15/24
11/15/24 US TREASURY N/B
DTD 11/15/2018 3.125% 11/15/2028
9128285M8 0.00 17,734.38 17,734.38 11/15/24
11/15/24 AMXCA 2023-3 A
DTD 09/19/2023 5.230% 09/15/2028
02582JKD1 0.00 3,595.63 3,595.63 11/15/24
11/15/24 HART 2024-C A3
DTD 10/16/2024 4.410% 05/15/2029
448976AD2 0.00 1,278.90 1,278.90 11/15/24
11/16/24 GMCAR 2024-1 A3
DTD 01/17/2024 4.850% 12/18/2028
36268GAD7 0.00 404.17 404.17 11/16/24
11/18/24 HAROT 2023-3 A3
DTD 08/22/2023 5.410% 02/18/2028
43815QAC1 0.00 2,907.88 2,907.88 11/18/24
11/19/24 PNC FINANCIAL SERVICES (CALLABLE)
DTD 05/19/2017 3.150% 05/19/2027
693475AT2 0.00 1,653.75 1,653.75 11/19/24
11/20/24 NOVARTIS CAPITAL CORP (CALLABLE)
DTD 11/20/2015 3.000% 11/20/2025
66989HAJ7 0.00 23,250.00 23,250.00 11/20/24
11/21/24 HAROT 2024-3 A3
DTD 08/21/2024 4.570% 03/21/2029
43813YAC6 0.00 2,494.46 2,494.46 11/21/24
11/30/24 US TREASURY N/B
DTD 05/31/2024 4.500% 05/31/2029
91282CKT7 0.00 51,975.00 51,975.00 11/30/24
11/30/24 US TREASURY N/B
DTD 06/01/2020 0.250% 05/31/2025
912828ZT0 0.00 425.00 425.00 11/30/24
11/30/24 US TREASURY N/B
DTD 11/30/2022 3.875% 11/30/2027
91282CFZ9 0.00 19,375.00 19,375.00 11/30/24
Account Page 24PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.
For the Month Ending November 30, 2024Managed Account Security Transactions & Interest
CITY OF SAN LUIS OBISPO OPERATING FUNDS -
Transaction Type
Trade CUSIPSecurity DescriptionSettle Par Proceeds
Principal Accrued
Interest Total Cost
Realized G/L Realized G/L Sale
Amort Cost Method
INTEREST
11/30/24 US TREASURY N/B
DTD 06/01/2021 0.750% 05/31/2026
91282CCF6 0.00 8,887.50 8,887.50 11/30/24
11/30/24 US TREASURY N/B
DTD 11/30/2020 0.375% 11/30/2025
91282CAZ4 0.00 3,750.00 3,750.00 11/30/24
11/30/24 US TREASURY N/B
DTD 11/30/2021 1.250% 11/30/2026
91282CDK4 0.00 8,531.25 8,531.25 11/30/24
238,717.88 238,717.88 0.00 Transaction Type Sub-Total
PAYDOWNS
11/15/24 CARMX 2021-2 A3
DTD 04/21/2021 0.520% 02/17/2026
14314QAC8 10,634.51 0.00 10,634.51 2.30 0.60 10,634.51 11/15/24
0.00 0.60 2.30 10,634.51 10,634.51 10,634.51 Transaction Type Sub-Total
SELL
11/04/24 US TREASURY N/B
DTD 12/31/2019 1.750% 12/31/2024
912828YY0 1,493,613.28 9,059.10 1,502,672.38 (91,582.03)(9,726.56)FIFO 1,500,000.00 11/01/24
9,059.10 (9,726.56)(91,582.03) 1,502,672.38 1,493,613.28 1,500,000.00 Transaction Type Sub-Total
7,939.20 247,093.28 255,032.48 (91,579.73)(9,725.96)Managed Account Sub-Total
Total Security Transactions ($91,579.73)$255,032.48 $247,093.28 $7,939.20 ($9,725.96)
Account Page 25PFM Asset Management, a division of
U.S. Bancorp Asset Management, Inc.