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HomeMy WebLinkAboutSLOUNIFLOW_990 Finance Copyroom iRC3926 Color_0586_0012t5 pfml asset managsment PFM Asset Management 213 Market Street - Third Floor Hard sburg, P A 17 1O1 -21 41 Phonei (717)232-2723 Fax: (717) 2336073 www.pfmam.com CITY OF SAN LUIS OBISPO ACCOUNTING MANAGER 990 PALM STREET SAN LUIS OBISPO, CA,93401 CITY OF SAN LUIS OBISPO The followinq ls a stat€ment oftransactions Dertalnino to vour account. Forfurther lnformatlon, Dlease revlew the attached. STATEMENT SUMMARY Unpaid Balance from Prior Fee Statements Current lnvoice (for detail see attached) Balance Due $21,674.71 ln August 2024, PFMAM converted its portfolio accounting system from FIS lnvestment 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 amodization schedule as com pared with that of the past. Where transfers have occuned between your portfolios we have retumed their settlement dates to the settlement dates of the onginal purchases in order to minimrze any impact to their amortization schedules. We have also updated ourfee and invoice processing system to the Advantage Fee system. As applicable, invoices for clients began to be calculated using data for porlfolio daily assets under management averaged over the course of the billing period instead of data for portfolio daily assets under management averaged on a daily basis. GITY OF SAN LUIS OBISPO $14,355.37 $7,319.34 Please lnclude With Payment: Amount Enclosed lnvoice # 14535463 Lead Account # Wire or ACH (preferred): PFM Asset Management Bank Name: U.S. Bank ABA # 091000022 Acct # 1- Attn: Fee Dept St. Paul Reference invoice or lead acct. number Gheck: Payable to PFM Asset Management Mailing Address: U.S. Bank cM-9703 PO BOX 70870 St. Paul, MN 55170-9703 Reference invoice or lead acct. number TERMS: DUE UPON RECEIPT PFM Assot Managem6nt serves cli€nts ln lhe publlc soclor and l$ a dlvi$on of U.S, Bancorp Asset l\4anagem6nt, lnc., whidl is th6 legal enllty provldlng lnveslment advlsory servlces, U,S. Bancorp Asset Management, lnc. is a registered investTent advis€r, a dlr€ct subddlary of U.S. Bank N.A. and an indlrecl subsldlary of U.S. Bancorp, U.S. Bank N.A. is not responsible for and does not guarantee the products, seMces, or perfomlance of U.S. Bancorp Asset Management, lnc. 3/5 pfml asset management PFM Assel Manag6ment 213 Market Street - Third Floor Hanlsburg, PA 17 101-2141 Phonei (717)232-2723 Fax: (717) 2336073 www.pftiam.com CITY OF SAN LUIS OBISPO Accountslncluded ln This Relationship: GURRENT CHARGES SUMMARIZED FOR ENTIRE RELATIONSHIP Detail of Current Charges Billable Assets Rate Portion of Year Total Fees Fixed/Liquidity SMA Fees Subtotal Administrative Fees First Next 109,1&1,880.60 100,000,000,00 9,'164,880,60 0,0008 0.0007 31 /366 31 /366 $6,775.96 543.38 $7,319.34 $7,319.34 TOTAL AMOUNT DUE $7,319.34 8bp on first $100mm, 7bp up to $200mm, 6bp over Page 2 of 4 ffi 4!5 pfm) asset management PFM Asset Management 213 Mafiet Street - Third Floor Hafflsburg, PA 17 101-2141 Phonei (717)232-2723 Fax: (7'17) 2336073 www,pfu1am.com CITY OF SAN LUIS OBISPO CURRENT CHARGES ALLOCATED Account Detail Billable Assets Rate Year Total Fees Net Due 76991080 CITY OF SAN LUIS OBISPO OPERAT]NG FUNDS Fixed/Liquidity SMA Fees 109,,164,880.60 $7,319.34 $7,319.34 subto'tal TOTAL AMOUNT DUE $7,319.34 $7,319.34 $7,319.34 $7,919.34 Page 3 of 4 ffi 5/5 pfm) asset management PFM Assel Management 213 Market Street - Third Floor Harlsburg, PA 17 101-2141 Phonet (717)232-2723 Fax: (717) 23$6073 www.ptrnam.com CITY OF SAN LUIS OBISPO Daily Assets for the Billins Pedod Account Total D/ay Assets 01 - 109,033,477.69 02 - 109,042,270.74 03 - 109,051,063.79 04 - 109,059,856.83 05 - 109,068,649.88 06 - 109,077,442.93 07 - 109,086,235.97 08- 10s,095,029.02 09- 109,103,822.07 10- 109,112,615.11 11- 109,'121,408.16 12 -'10e,130,201.20 13 - 109,138,994.25 14 - 109,147,787.31 15- 109,156,580.82 16 - 109,'165,418.85 17 - 109,174,255,87 18- 109,183,092.88 19- 109,'191,929.90 20 - '109,200,766.92 21 - 109,209,603.92 22 - 109,218,440.94 23 - 109,227.233.11 24 - 109,233,791.12 25- 109,242,680.86 26- 109,251,570.58 27 - 109,260,460.31 28 - 109,2@,350.05 29 - 109,278,239.77 30 - 109,286,954.43 31 - 109,292,073.21 Day Assets 01 - 109,033,477.69 02 - 109,042,270.74 03 - 109,051 ,063.79 04 - 109 059,856.83 05 - 109,068,649.88 06 - 109,077,442 93 07 - 109,086,235.97 08 - 109,095,029.02 09 - 109,103,822.07 10 - 109,112,615.11 1 1 - 109,121 ,408 16 12 - 109,130,201 20 13 - 109,138,994 25 14 - 109j47,787.31 15 - 109,156,580.82 16 - 109 165,418.85 17 - 109J74,255.87 1B - 109, 183,092.88 19 - 109,191,929.90 20 - 109,200 766.92 21 - 109,209,603.92 22 - 109,218,440.94 23 - 109,227,233j1 24 - 109,233,791.12 25 - 109,242,680 86 26 - 109,251 ,570.58 27 - 109,260,460.31 28 - 109,269,350.05 29 - 109,278,239.77 30 - 109,286 954.43 31 - 109,292,073.21 rffi Page 4 of 4