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HomeMy WebLinkAboutA012 - Resolution approving Quarterly Investment Report for period ending June 30, 2025To:Mayor and City Council From:City Clerk's Office Date:August 12, 2025 Subject:Investment Report for Quarter Ending June 30, 2025 Item No. 16 MEMO Attached is a memo and report provided by the City Treasurer for the City Council's review and approval. ATTACHMENT(S): QTR Investment Rpt June 2025.pdf City Clerk's Office 515.239.5105 main 515.239.5142 fax 515 Clark Ave. P.O. Box 811 Ames, IA 50010 www.CityofAmes.org 1 Caring People  Quality Programs  Exceptional Service 515.239.5119 main 515.239-5320 fax 515 Clark Ave. P.O. Box 811 Ames, IA 50010 www.CityofAmes.org City Treasurer MEMO To: Mayor and City Council From: Roger Wisecup, CPA City Treasurer Date: July 9, 2025 Subject: Investment Report for Quarter Ending June 30, 2025 Introduction The purpose of this memorandum is to present a report summarizing the performance of the City of Ames investment portfolio for the quarter ending June 30, 2025. Discussion This report covers the period ending June 30, 2025, and presents a summary of the investments on hand at the end of June 2025. The investments are valued at amortized cost; this reflects the same basis that the assets are carried on the financial records of the City. All investments are in compliance with the current Investment Policy. Comments The Federal Reserve opted to maintain the current federal fund rate at 4.50-4.75 percent in the last quarter. The yield curve is currently inverted, making shorter maturities pay higher interest rates than longer maturities. Future investments will be made at current interest rates and future interest income will stay steady. We will continue to evaluate our current investment strategy, remaining flexible to future investments while the Federal Reserve evaluates the target rate. A brief comparison of fiscal year 2024 to fiscal year 2025 follows: FY24 FY25 Increase Interest Income $9,166,027 $10,641,921 $1,475,894 Portfolio Effective Rate of Return 3.90% 4.03% 2 BOOK MARKET UN-REALIZED DESCRIPTION VALUE VALUE GAIN/(LOSS) CERTIFICATES OF DEPOSIT 0 FEDERAL AGENCY DISCOUNTS 2,450,097 2,449,125 (972) FEDERAL AGENCY SECURITIES 116,307,718 116,294,189 (13,529) INVESTMENT POOLS 0 COMMERCIAL PAPER 2,976,034 2,974,302 (1,732) MISC COUPON SECURITIES 0 PASS THRU SECURITIES PAC/CMO 3,834,232 4,015,105 180,873 MONEY FUND SAVINGS ACCOUNTS 310,637 310,637 0 CORPORATE BONDS 0 US TREASURY DISCOUNTS 1,999,549 1,999,530 (19) US TREASURY SECURITIES 92,929,573 92,898,339 (31,235) INVESTMENTS 220,807,840 220,941,226 133,386 CASH ACCOUNTS 42,210,626 42,210,626 TOTAL FUNDS AVAILABLE 263,018,466 263,151,852 133,386 ACCRUAL BASIS INVESTMENT EARNINGS YR-TO-DATE GROSS EARNINGS ON INVESTMENTS:9,129,680 INTEREST EARNED ON CASH:1,512,240 TOTAL INTEREST EARNED:10,641,921 AND THE ACCUMULATED YEAR-TO-DATE CITY OF AMES, IOWA CASH AND INVESTMENTS SUMMARY AND SUMMARY OF INVESTMENT EARNINGS FOR THE FISCAL YEAR ENDED JUNE 30, 2025 3 s? ; ; * Fe 3 E& * oi d; (o _ot :e aq q .o - ro " t- @_N E oE VI"l \at s\Ri 'i \ EEEo-';3.sEtE !t t _q d oo :6 ! ti e eF # (J < l r J o.oig.! 2=o atFsF.4;.\ o+ + * . i { 6 c! q 9 q o c . ! . : o; 6 i ;. i ct ; ; Fr N @ o @ . i d@ r j d o o t + q. ! @ 9 q . q r @, o- r: c, o- o- r- 9C q o q 9 q rt F j 6 i + . i { 90 t€ g =3 t$ E C I i t I' a i ; 5 . 9 E5 3 : € g sl P P F c ? - € EE $ $ E E i E =t ieE'>;ul e* 6ise i5 Es roS: iH F - I gE H ts ? 3 E€ € ; EF E 6;E:t a0) rF ;c t / G. I 4 YTM 365 Page 1 Par Value Book Value Maturity Date Stated RateMarket Value June 30, 2025 Portfolio Details - Investments Average BalanceIssuer Portfolio Management Investments FY 2024-2025 Days to Maturity YTM 360CUSIPInvestment # Purchase Date Money Market 0.300First Interstate Bank4531558874 310,637.05 310,637.05 0.300310,637.05 0.296SYS4531558874B 1 310,637.05 0.296310,637.05310,637.05310,465.03Subtotal and Average 0.300 1 Commercial Paper Disc. -Amortizing 4.315Moët Hennessy Louis Vuitton SE1258-25 1,500,000.00 1,490,420.83 08/25/20254.18003/25/2025 1,489,605.36 4.25655078TVR5 55 4.308Moët Hennessy Louis Vuitton SE1259-25 1,500,000.00 1,485,613.33 09/22/20254.16003/25/2025 1,484,696.87 4.24950244LWN0 83 2,976,034.16 4.2522,974,302.233,000,000.0010,517,123.79Subtotal and Average 4.311 69 Federal Agency Coupon Securities 0.600Farmer Mac0962-20 1,000,000.00 1,000,000.00 11/20/20250.60011/20/2020 984,690.50 0.59231422B3F5 142 5.094Farmer Mac1118-23A 1,500,000.00 1,499,587.24 08/14/20254.85008/23/2023 1,500,212.70 5.02531422X5Y4 44 5.094Farmer Mac1118-23B 1,000,000.00 999,724.82 08/14/20254.85008/23/2023 1,000,141.80 5.02531422X5Y4 44 4.701Farmer Mac1160-24A 1,500,000.00 1,467,722.36 01/15/20260.48002/20/2024 1,468,338.00 4.63631422B6K1 198 4.701Farmer Mac1160-24B 1,000,000.00 978,481.58 01/15/20260.48002/20/2024 978,892.00 4.63631422B6K1 198 4.070Farmer Mac1253-25A 1,500,000.00 1,472,013.22 04/12/20283.35003/05/2025 1,474,245.00 4.01431422XXC1 1,016 4.070Farmer Mac1253-25B 1,000,000.00 981,342.15 04/12/20283.35003/05/2025 982,830.00 4.01431422XXC1 1,016 3.232Federal Farm Credit1045-22A 1,500,000.00 1,497,565.22 11/25/20252.80006/13/2022 1,490,355.30 3.1883133ENXQ8 147 3.232Federal Farm Credit1045-22B 1,000,000.00 998,376.81 11/25/20252.80006/13/2022 993,570.20 3.1883133ENXQ8 147 4.710Federal Farm Credit1069-22 2,500,000.00 2,416,592.29 05/27/20260.66010/14/2022 2,420,259.00 4.6463133EMHH8 330 4.675Federal Farm Credit1179-24 1,000,000.00 877,283.00 06/01/20291.12505/31/2024 898,045.20 4.6113133EMHZ8 1,431 4.540Federal Farm Credit1184-24A 1,500,000.00 1,451,344.48 03/15/20272.50007/10/2024 1,464,015.00 4.4783133ENRK8 622 4.540Federal Farm Credit1184-24B 1,000,000.00 967,562.98 03/15/20272.50007/10/2024 976,010.00 4.4783133ENRK8 622 3.606Federal Farm Credit1199-24A 1,500,000.00 1,521,633.04 07/30/20265.00009/20/2024 1,513,235.70 3.5563133EPZY4 394 3.606Federal Farm Credit1199-24B 1,000,000.00 1,014,422.03 07/30/20265.00009/20/2024 1,008,823.80 3.5563133EPZY4 394 3.431Federal Farm Credit1212-24 1,000,000.00 1,002,412.04 04/13/20263.75009/30/2024 996,028.30 3.3843133EPFT7 286 4.130Federal Farm Credit1224-24 1,000,000.00 986,784.20 01/28/20261.75010/28/2024 985,385.20 4.0733133ELKA1 211 4.130Federal Farm Credit1230-24 1,000,000.00 1,003,924.47 08/14/20264.50012/03/2024 1,003,835.10 4.0733133EPSW6 409 3.766Federal Farm Credit1268-25 4,000,000.00 4,011,814.35 05/30/20283.87505/09/2025 4,005,966.40 3.7143133EPLD5 1,064 4.025Federal Farm Credit1276-25 1,500,000.00 1,496,910.90 08/27/20273.87506/09/2025 1,501,128.38 3.9703133ETJT5 787 0.581Federal Home Loan Bank0975-21 1,000,000.00 999,559.33 02/17/20260.65002/22/2021 977,975.30 0.5733130AL4V3 231 0.841Federal Home Loan Bank0978-21 1,000,000.00 998,442.81 02/11/20260.58003/15/2021 977,964.70 0.8293130AKXB7 225 1.116Federal Home Loan Bank0980-21 2,650,000.00 2,649,541.70 04/14/20261.50004/14/2021 2,595,822.61 1.1013130ALVT8 287 4.148Federal Home Loan Bank1061-22 1,500,000.00 1,499,959.86 08/28/20254.13009/13/2022 1,499,152.20 4.0913130ASZD4 58 4.000Federal Home Loan Bank1062-22 1,500,000.00 1,500,000.00 09/29/20254.00009/29/2022 1,498,172.85 3.9453130AT7A9 90 5.029Federal Home Loan Bank1121-23A 1,000,000.00 999,648.27 07/14/20254.00009/15/2023 999,848.80 4.9603130ASGW3 13 5.029Federal Home Loan Bank1121-23B 1,000,000.00 999,648.27 07/14/20254.00009/15/2023 999,848.80 4.9603130ASGW3 13 Portfolio 2025 AC Run Date: 07/02/2025 - 16:03 PM (PRF_PM2) 7.3.11 Report Ver. 7.3.11 5 YTM 365 Page 2 Par Value Book Value Maturity Date Stated RateMarket Value June 30, 2025 Portfolio Details - Investments Average BalanceIssuer Portfolio Management Investments FY 2024-2025 Days to Maturity YTM 360CUSIPInvestment # Purchase Date Federal Agency Coupon Securities 4.532Federal Home Loan Bank1156-24 2,000,000.00 2,000,000.00 09/08/20254.53002/05/2024 2,000,360.60 4.4703130AYTS5 69 4.591Federal Home Loan Bank1157-24 2,000,000.00 2,000,000.00 08/01/20254.59002/08/2024 2,000,226.20 4.5283130AYVK9 31 1.987Federal Home Loan Bank1161-24 1,250,000.00 1,229,838.91 12/30/20252.50002/26/2024 1,239,145.62 1.9603130AKLS3 182 4.770Federal Home Loan Bank1162-24 900,000.00 886,779.61 12/30/20252.00002/26/2024 889,994.34 4.7053130AQFB4 182 4.891Federal Home Loan Bank1175-24 4,000,000.00 3,937,671.72 05/26/20274.00004/15/2024 3,993,203.20 4.8243130ARYA3 694 2.496Federal Home Loan Bank1178-24 600,000.00 584,083.16 05/26/20262.00004/19/2024 588,658.98 2.4613130AMFN7 329 4.750Federal Home Loan Bank1181-24 1,500,000.00 1,441,715.21 08/13/20261.05006/21/2024 1,448,322.45 4.6853130ANGM6 408 4.741Federal Home Loan Bank1182-24 1,000,000.00 982,315.42 03/30/20262.25007/10/2024 985,851.00 4.6763130ARCU3 272 4.550Federal Home Loan Bank1183-24A 1,500,000.00 1,417,910.76 02/26/20271.00007/10/2024 1,430,338.50 4.4883130ALDA9 605 4.550Federal Home Loan Bank1183-24B 1,000,000.00 945,273.84 02/26/20271.00007/10/2024 953,559.00 4.4883130ALDA9 605 4.510Federal Home Loan Bank1185-24A 1,410,000.00 1,329,455.91 03/30/20271.00007/10/2024 1,341,918.57 4.4493130ANZB9 637 4.510Federal Home Loan Bank1185-24B 1,000,000.00 942,876.53 03/30/20271.00007/10/2024 951,715.30 4.4493130ANZB9 637 4.560Federal Home Loan Bank1186-24A 1,500,000.00 1,464,031.92 02/24/20260.68007/31/2024 1,466,101.05 4.4983130ALCB8 238 4.560Federal Home Loan Bank1186-24B 1,000,000.00 976,021.28 02/24/20260.68007/31/2024 977,400.70 4.4983130ALCB8 238 3.670Federal Home Loan Bank1190-24A 1,500,000.00 1,455,255.53 10/28/20261.31009/13/2024 1,447,846.65 3.6203130APL29 484 3.670Federal Home Loan Bank1190-24B 1,000,000.00 970,170.35 10/28/20261.31009/13/2024 965,231.10 3.6203130APL29 484 3.690Federal Home Loan Bank1191-24 500,000.00 485,342.57 11/27/20261.50009/13/2024 482,070.00 3.6393130APXV2 514 3.530Federal Home Loan Bank1195-24 1,335,000.00 1,298,437.37 01/27/20271.70009/17/2024 1,289,565.54 3.4823130AQM26 575 3.530Federal Home Loan Bank1196-24 1,250,000.00 1,220,004.01 02/25/20272.00009/17/2024 1,211,766.25 3.4823130AQRQ8 604 3.701Federal Home Loan Bank1211-24 1,000,000.00 1,003,447.34 12/12/20254.50009/30/2024 1,000,937.70 3.6503130ATUC9 164 3.820Federal Home Loan Bank1214-24 1,500,000.00 1,448,532.47 12/28/20261.40010/07/2024 1,444,570.35 3.7683130AQEV1 545 4.340Federal Home Loan Bank1229-24A 1,500,000.00 1,452,930.42 06/30/20261.05011/25/2024 1,455,255.45 4.2813130AN2H2 364 4.340Federal Home Loan Bank1229-24B 1,000,000.00 968,620.28 06/30/20261.05011/25/2024 970,170.30 4.2813130AN2H2 364 4.120Federal Home Loan Bank1235-24A 1,500,000.00 1,426,619.14 01/29/20270.85012/12/2024 1,430,029.65 4.0643130AKRE8 577 4.120Federal Home Loan Bank1235-24B 1,000,000.00 951,079.42 01/29/20270.85012/12/2024 953,353.10 4.0643130AKRE8 577 3.764Federal Home Loan Bank1255-25 500,000.00 496,587.05 03/13/20262.75003/14/2025 495,165.14 3.7123130AAUF3 255 4.064Federal Home Loan Bank1256-25 1,200,000.00 1,203,703.83 03/13/20264.50003/14/2025 1,202,769.12 4.0083130AV6J6 255 4.020Federal Home Loan Bank1257-25 1,000,000.00 1,003,756.18 03/13/20264.50003/17/2025 1,002,682.60 3.9653130AV6J6 255 4.250Federal Home Loan Bank1260-25 1,500,000.00 1,500,000.00 03/28/20304.25003/28/2025 1,518,660.90 4.1923130B5Q50 1,731 4.250Federal Home Loan Bank1266-25A 1,500,000.00 1,500,000.00 04/30/20274.25004/30/2025 1,499,174.25 4.1923130B62D7 668 4.250Federal Home Loan Bank1266-25B 1,000,000.00 1,000,000.00 04/30/20274.25004/30/2025 999,449.50 4.1923130B62D7 668 3.874Federal Home Loan Bank1274-25 1,000,000.00 1,020,178.91 01/15/20274.12506/09/2025 1,020,134.00 3.8213130AYPN0 563 4.163Federal Home Loan Bank1275-25 1,500,000.00 1,501,192.89 05/28/20274.15006/09/2025 1,500,450.90 4.1063130B6LC8 696 4.081Federal Home Loan Bank1277-25 500,000.00 465,410.44 10/29/20270.80006/09/2025 468,504.94 4.0253130AKML7 850 3.675Federal Home Loan Mortgage Co.1200-24A 3,000,000.00 2,994,897.38 12/15/20263.55009/24/2024 2,978,625.00 3.6243134HANA7 532 3.675Federal Home Loan Mortgage Co.1200-24B 2,000,000.00 1,996,598.25 12/15/20263.55009/24/2024 1,985,750.00 3.6243134HANA7 532 Portfolio 2025 AC Run Date: 07/02/2025 - 16:03 PM (PRF_PM2) 7.3.11 6 YTM 365 Page 3 Par Value Book Value Maturity Date Stated RateMarket Value June 30, 2025 Portfolio Details - Investments Average BalanceIssuer Portfolio Management Investments FY 2024-2025 Days to Maturity YTM 360CUSIPInvestment # Purchase Date Federal Agency Coupon Securities 4.180Federal Home Loan Mortgage Co.1225-24 1,500,000.00 1,446,668.21 07/15/20260.60011/05/2024 1,442,226.60 4.1233134GXKD5 379 4.130Federal Home Loan Mortgage Co.1234-24 1,000,000.00 951,950.12 12/30/20260.75012/12/2024 950,070.60 4.0743134GW6P6 547 4.230Federal Home Loan Mortgage Co.1238-24 2,000,000.00 1,982,895.45 09/23/20250.37512/16/2024 1,982,184.60 4.1723137EAEX3 84 4.332Federal Home Loan Mortgage Co.1248-25 1,000,000.00 999,559.68 08/28/20254.05002/19/2025 998,763.40 4.2733134GXS54 58 4.257Federal Home Loan Mortgage Co.1249-25 1,500,000.00 1,478,199.00 11/24/20250.50002/19/2025 1,476,023.25 4.1983134GXBN3 146 4.810Federal Home Loan Mortgage Co.1252-25 5,000,000.00 4,989,759.01 05/28/20274.10003/03/2025 4,987,210.50 4.7443134HBCB5 696 4.108Federal Home Loan Mortgage Co.1264-25 2,000,000.00 1,999,959.49 04/14/20274.10004/15/2025 1,995,011.18 4.0523134HBJN2 652 4.054Federal Home Loan Mortgage Co.1267-25A 1,500,000.00 1,498,166.17 12/15/20274.00005/05/2025 1,496,176.35 3.9993134HBPR6 897 4.054Federal Home Loan Mortgage Co.1267-25B 1,000,000.00 998,777.45 12/15/20274.00005/05/2025 997,450.90 3.9993134HBPR6 897 4.497Federal Home Loan Mortgage Co.1271-25 3,500,000.00 3,528,437.50 03/18/20274.50005/23/2025 3,527,598.20 4.4353134HBEF4 625 4.222Federal Home Loan Mortgage Co.1273-25 1,595,000.00 1,544,934.05 05/27/20260.62506/09/2025 1,546,291.14 4.1653134GXCD4 330 4.938Federal Nat'l Mtg. Assoc.1174-24 3,850,000.00 3,710,888.50 05/28/20260.70004/15/2024 3,728,468.59 4.8713135GA4Q1 331 3.820Federal Nat'l Mtg. Assoc.1213-24A 1,500,000.00 1,492,046.47 09/30/20263.37510/07/2024 1,485,499.35 3.7683135GAVJ7 456 3.820Federal Nat'l Mtg. Assoc.1213-24B 1,000,000.00 994,697.64 09/30/20263.37510/07/2024 990,332.90 3.7683135GAVJ7 456 4.216Federal Nat'l Mtg. Assoc.1222-24A 1,500,000.00 1,495,861.20 07/30/20250.70010/24/2024 1,495,376.55 4.1583135G05M1 29 4.216Federal Nat'l Mtg. Assoc.1222-24B 1,000,000.00 997,240.80 07/30/20250.70010/24/2024 996,917.70 4.1583135G05M1 29 4.003Tennessee Valley Authority1272-25 1,399,000.00 1,404,641.72 03/15/20283.87505/23/2025 1,414,836.04 3.948880591EZ1 988 116,307,717.98 4.005116,294,188.64117,939,000.00119,322,650.46Subtotal and Average 4.060 469 Federal Agency Disc. -Amortizing 4.261Federal Home Discoun t Note1233-24 1,000,000.00 988,119.17 10/15/20254.03512/06/2024 987,470.00 4.203313385MZ6 106 4.261Federal Home Discoun t Note1247-25 1,500,000.00 1,461,977.50 02/13/20264.02002/18/2025 1,461,654.59 4.203313385TA4 227 2,450,096.67 4.2032,449,124.592,500,000.002,446,042.71Subtotal and Average 4.261 178 Treasury Coupon Securities 1.005U.S. Treasury1012-21 3,500,000.00 3,492,051.37 05/31/20260.75010/15/2021 3,396,668.10 0.99191282CCF6 334 2.641U.S. Treasury1032-22 9,000,000.00 8,853,456.26 05/31/20260.75004/14/2022 8,734,289.40 2.60591282CCF6 334 2.756U.S. Treasury1037-22 4,500,000.00 4,319,867.95 05/31/20270.50004/18/2022 4,232,566.35 2.719912828ZS2 699 4.320U.S. Treasury1070-22 5,000,000.00 4,836,479.33 05/15/20272.37510/14/2022 4,875,625.00 4.260912828X88 683 4.301U.S. Treasury1071-22 1,000,000.00 934,649.70 05/31/20270.50010/14/2022 940,570.30 4.242912828ZS2 699 5.091U.S. Treasury1123-23 1,000,000.00 992,397.53 08/31/20250.25009/27/2023 992,812.50 5.02191282CAJ0 61 5.080U.S. Treasury1125-23 500,000.00 499,623.00 07/15/20253.00009/28/2023 499,648.45 5.01191282CEY3 14 5.060U.S. Treasury1129-23 1,500,000.00 1,496,687.14 10/15/20254.25010/04/2023 1,499,414.10 4.99191282CFP1 106 5.050U.S. Treasury1130-23 1,500,000.00 1,477,455.75 10/31/20250.25010/04/2023 1,479,960.90 4.98191282CAT8 122 5.020U.S. Treasury1131-23A 1,500,000.00 1,497,244.92 11/15/20254.50010/05/2023 1,500,820.35 4.95291282CFW6 137 5.020U.S. Treasury1131-23B 1,000,000.00 998,163.28 11/15/20254.50010/05/2023 1,000,546.90 4.95291282CFW6 137 Portfolio 2025 AC Run Date: 07/02/2025 - 16:03 PM (PRF_PM2) 7.3.11 7 YTM 365 Page 4 Par Value Book Value Maturity Date Stated RateMarket Value June 30, 2025 Portfolio Details - Investments Average BalanceIssuer Portfolio Management Investments FY 2024-2025 Days to Maturity YTM 360CUSIPInvestment # Purchase Date Treasury Coupon Securities 4.645U.S. Treasury1164-24A 1,500,000.00 1,497,163.22 12/31/20254.25003/13/2024 1,500,117.15 4.58191282CJS1 183 4.645U.S. Treasury1164-24B 1,000,000.00 998,108.81 12/31/20254.25003/13/2024 1,000,078.10 4.58191282CJS1 183 4.988U.S. Treasury1173-24 1,500,000.00 1,493,556.90 12/15/20254.00004/15/2024 1,498,792.95 4.91991282CGA3 167 4.609U.S. Treasury1177-24 4,000,000.00 3,646,869.82 05/31/20281.25004/15/2024 3,730,843.60 4.54691282CCE9 1,065 3.686U.S. Treasury1192-24A 1,500,000.00 1,514,239.17 04/30/20264.87509/16/2024 1,509,386.70 3.63691282CKK6 303 3.686U.S. Treasury1192-24B 1,000,000.00 1,009,492.78 04/30/20264.87509/16/2024 1,006,257.80 3.63691282CKK6 303 3.779U.S. Treasury1193-24 1,000,000.00 980,766.78 01/31/20260.37509/16/2024 977,843.80 3.72891282CBH3 214 3.708U.S. Treasury1194-24 1,500,000.00 1,508,554.06 03/31/20264.50009/16/2024 1,504,066.35 3.65791282CKH3 273 3.782U.S. Treasury1203-24 2,000,000.00 2,005,197.19 11/15/20254.50009/25/2024 2,001,093.80 3.73091282CFW6 137 4.000U.S. Treasury1215-24A 1,500,000.00 1,501,681.68 06/15/20264.12510/15/2024 1,501,675.80 3.94591282CHH7 349 4.000U.S. Treasury1215-24B 1,000,000.00 1,001,121.12 06/15/20264.12510/15/2024 1,001,117.20 3.94591282CHH7 349 4.009U.S. Treasury1216-24A 1,500,000.00 1,495,156.12 05/15/20263.62510/15/2024 1,494,386.70 3.95491282CHB0 318 4.009U.S. Treasury1216-24B 1,000,000.00 996,770.74 05/15/20263.62510/15/2024 996,257.80 3.95491282CHB0 318 4.229U.S. Treasury1217-24 1,000,000.00 1,001,858.59 09/30/20255.00010/15/2024 1,001,407.80 4.17191282CJB8 91 4.120U.S. Treasury1223-24 500,000.00 500,353.57 01/31/20264.25010/28/2024 499,921.90 4.06491282CJV4 214 4.250U.S. Treasury1237-24 2,000,000.00 1,980,599.31 09/30/20250.25012/16/2024 1,979,843.80 4.19291282CAM3 91 4.181U.S. Treasury1240-25 1,000,000.00 993,613.09 08/31/20250.25001/07/2025 992,812.50 4.12391282CAJ0 61 4.160U.S. Treasury1241-25 1,000,000.00 990,503.16 09/30/20250.25001/07/2025 989,921.90 4.10391282CAM3 91 4.230U.S. Treasury1242-25 1,000,000.00 990,330.72 09/30/20250.25001/24/2025 989,921.90 4.17291282CAM3 91 4.210U.S. Treasury1243-25 1,000,000.00 987,138.84 10/31/20250.25001/24/2025 986,640.60 4.15291282CAT8 122 4.230U.S. Treasury1244-25A 1,500,000.00 1,507,694.72 11/15/20264.62502/13/2025 1,514,507.85 4.17291282CJK8 502 4.230U.S. Treasury1244-25B 1,000,000.00 1,005,129.81 11/15/20264.62502/13/2025 1,009,671.90 4.17291282CJK8 502 4.240U.S. Treasury1245-25 2,000,000.00 1,941,577.61 05/31/20272.62502/12/2025 1,958,765.60 4.18291282CET4 699 4.280U.S. Treasury1246-25 2,000,000.00 1,964,635.63 05/31/20283.62502/12/2025 1,995,796.80 4.22191282CHE4 1,065 4.240U.S. Treasury1250-25 1,000,000.00 998,494.69 09/15/20253.50002/20/2025 998,829.70 4.18291282CFK2 76 4.061U.S. Treasury1251-25A 1,500,000.00 1,514,761.42 07/15/20264.50002/28/2025 1,515,985.67 4.00591282CHM6 379 4.061U.S. Treasury1251-25B 1,000,000.00 1,009,840.94 07/15/20264.50002/28/2025 1,010,657.11 4.00591282CHM6 379 3.978U.S. Treasury1254-25 3,000,000.00 2,971,172.77 05/31/20283.62503/13/2025 2,993,695.20 3.92391282CHE4 1,065 3.966U.S. Treasury1261-25A 1,500,000.00 1,503,347.15 08/31/20263.75004/15/2025 1,503,410.10 3.91291282CLH2 426 3.966U.S. Treasury1261-25B 1,000,000.00 1,002,231.44 08/31/20263.75004/15/2025 1,002,273.40 3.91291282CLH2 426 3.961U.S. Treasury1262-25A 1,500,000.00 1,517,367.26 09/15/20264.62504/15/2025 1,517,914.44 3.90791282CHY0 441 3.961U.S. Treasury1262-25B 1,000,000.00 1,011,578.18 09/15/20264.62504/15/2025 1,011,942.96 3.90791282CHY0 441 3.967U.S. Treasury1263-25 1,500,000.00 1,512,237.65 10/15/20264.62504/15/2025 1,513,207.05 3.91391282CJC6 471 3.932U.S. Treasury1265-25 8,000,000.00 7,416,558.12 05/31/20281.25004/15/2025 7,461,687.20 3.87991282CCE9 1,065 4.040U.S. Treasury1269-25 2,000,000.00 2,024,066.30 10/15/20264.62505/23/2025 2,027,213.23 3.98491282CJC6 471 3.997U.S. Treasury1270-25 2,000,000.00 2,028,287.29 01/15/20274.00005/23/2025 2,032,990.49 3.94391282CJT9 563 Portfolio 2025 AC Run Date: 07/02/2025 - 16:03 PM (PRF_PM2) 7.3.11 8 YTM 365 Page 5 Par Value Book Value Maturity Date Stated RateMarket Value June 30, 2025 Portfolio Details - Investments Average BalanceIssuer Portfolio Management Investments FY 2024-2025 Days to Maturity YTM 360CUSIPInvestment # Purchase Date Treasury Coupon Securities 3.921U.S. Treasury1278-25 1,500,000.00 1,453,944.41 11/30/20261.62506/13/2025 1,455,174.43 3.867912828YU8 517 3.830U.S. Treasury1279-25 2,000,000.00 2,029,652.46 06/15/20274.62506/13/2025 2,033,281.20 3.77891282CKV2 714 3.891U.S. Treasury1280-25 1,000,000.00 1,007,893.87 11/30/20264.25006/26/2025 1,008,120.73 3.83791282CLY5 517 3.910U.S. Treasury1281-25 1,000,000.00 1,017,949.71 10/15/20264.62506/26/2025 1,017,903.06 3.85791282CJC6 471 92,929,573.33 3.80692,898,338.6294,500,000.0093,174,198.50Subtotal and Average 3.859 490 Treasury Discounts -Amortizing 4.259U.S. Treasury1239-25 2,000,000.00 1,999,548.89 07/03/20254.06001/07/2025 1,999,529.80 4.200912797NX1 2 1,999,548.89 4.2001,999,529.802,000,000.001,996,278.33Subtotal and Average 4.259 2 Pass Through Securities /PAC/CMO 6.003Federal Nat'l Mtg. Assoc.1137-23A 1,321,290.64 1,269,760.31 07/25/20284.50010/31/2023 1,330,491.84 5.9203136BQCS6 1,120 6.003Federal Nat'l Mtg. Assoc.1137-23B 880,860.45 846,506.89 07/25/20284.50010/31/2023 886,994.59 5.9203136BQCS6 1,120 4.323Federal Nat'l Mtg. Assoc.1180-24 1,821,558.93 1,717,965.18 04/01/20293.00005/31/2024 1,797,618.73 4.2633140XP6F1 1,370 3,834,232.38 5.1784,015,105.164,023,710.023,895,879.39Subtotal and Average 5.250 1,232 3.944231,662,638.20 224,273,347.07 3.998 478220,941,226.09 220,807,840.46Total and Average Portfolio 2025 AC Run Date: 07/02/2025 - 16:03 PM (PRF_PM2) 7.3.11 9 YTM 365 Page 6 Par Value Book Value Stated RateMarket Value June 30, 2025 Portfolio Details - Cash Average BalanceIssuer Portfolio Management Investments FY 2024-2025 Days to Maturity YTM 360CUSIPInvestment # Purchase Date 0.00 3.944231,662,638.20 224,273,347.07 3.998 478 0Average Balance 220,941,226.09 220,807,840.46Total Cash and Investments Portfolio 2025 AC Run Date: 07/02/2025 - 16:03 PM (PRF_PM2) 7.3.11 10 Page 1 Par Value Stated Rate June 30, 2025 Investment Status Report - Investments Portfolio Management Book Value Maturity Date Current Principal Investments FY 2024-2025 YTM 365 YTM 360 Payment DatesCUSIPInvestment #Issuer Purchase Date Accrued Interest At Purchase Money Market FIB4531558874 310,637.05 310,637.050.300SYS4531558874B 03/01 - Monthly 310,637.050.3000.296 310,637.05Money Market Totals 310,637.050.000.296310,637.05 0.300 Commercial Paper Disc. -Amortizing LVMHSE1258-25 1,500,000.00 1,490,420.834.180 08/25/202555078TVR5 08/25 - At Maturity03/25/2025 1,473,352.504.3154.256 LVMHSE1259-25 1,500,000.00 1,485,613.334.160 09/22/202550244LWN0 09/22 - At Maturity03/25/2025 1,468,626.664.3084.249 2,976,034.16Commercial Paper Disc. -Amortizing Totals 2,941,979.160.004.2523,000,000.00 4.311 Federal Agency Coupon Securities FAMCA0962-20 1,000,000.00 1,000,000.000.600 11/20/202531422B3F5 05/20 - 11/2011/20/2020 1,000,000.000.6000.592 FAMCA1118-23A 1,500,000.00 1,499,587.244.850 08/14/202531422X5Y4 02/14 - 08/14 Received08/23/2023 1,493,175.005.0945.025 FAMCA1118-23B 1,000,000.00 999,724.824.850 08/14/202531422X5Y4 02/14 - 08/14 Received08/23/2023 995,450.005.0945.025 FAMCA1160-24A 1,500,000.00 1,467,722.360.480 01/15/202631422B6K1 07/15 - 01/15 Received02/20/2024 1,386,030.004.7014.636 FAMCA1160-24B 1,000,000.00 978,481.580.480 01/15/202631422B6K1 07/15 - 01/15 Received02/20/2024 924,020.004.7014.636 FAMCA1253-25A 1,500,000.00 1,472,013.223.350 04/12/202831422XXC1 04/12 - 10/12 Received03/05/2025 1,468,770.004.0704.014 FAMCA1253-25B 1,000,000.00 981,342.153.350 04/12/202831422XXC1 04/12 - 10/12 Received03/05/2025 979,180.004.0704.014 FFCB1045-22A 1,500,000.00 1,497,565.222.800 11/25/20253133ENXQ8 11/25 - 05/25 Received06/13/2022 1,479,000.003.2323.188 FFCB1045-22B 1,000,000.00 998,376.812.800 11/25/20253133ENXQ8 11/25 - 05/25 Received06/13/2022 986,000.003.2323.188 FFCB1069-22 2,500,000.00 2,416,592.290.660 05/27/20263133EMHH8 11/27 - 05/27 Received10/14/2022 2,166,625.004.7104.646 FFCB1179-24 1,000,000.00 877,283.001.125 06/01/20293133EMHZ8 06/01 - 12/01 Received05/31/2024 843,340.004.6754.611 FFCB1184-24A 1,500,000.00 1,451,344.482.500 03/15/20273133ENRK8 09/15 - 03/15 Received07/10/2024 1,423,530.004.5404.478 FFCB1184-24B 1,000,000.00 967,562.982.500 03/15/20273133ENRK8 09/15 - 03/15 Received07/10/2024 949,020.004.5404.478 FFCB1199-24A 1,500,000.00 1,521,633.045.000 07/30/20263133EPZY4 01/30 - 07/30 Received09/20/2024 1,537,260.003.6063.556 FFCB1199-24B 1,000,000.00 1,014,422.035.000 07/30/20263133EPZY4 01/30 - 07/30 Received09/20/2024 1,024,840.003.6063.556 FFCB1212-24 1,000,000.00 1,002,412.043.750 04/13/20263133EPFT7 10/13 - 04/13 Received09/30/2024 1,004,730.003.4313.384 FFCB1224-24 1,000,000.00 986,784.201.750 01/28/20263133ELKA1 01/28 - 07/28 Received10/28/2024 971,270.004.1304.073 FFCB1230-24 1,000,000.00 1,003,924.474.500 08/14/20263133EPSW6 02/14 - 08/14 Received12/03/2024 1,005,950.004.1304.073 FFCB1268-25 4,000,000.00 4,011,814.353.875 05/30/20283133EPLD5 05/30 - 11/30 Received05/09/2025 4,012,400.003.7663.714 FFCB1276-25 1,500,000.00 1,496,910.903.875 08/27/20273133ETJT5 08/27 - 02/27 1,453.1306/09/2025 1,495,329.004.0253.970 FHLB0975-21 1,000,000.00 999,559.330.650 02/17/20263130AL4V3 08/17 - 02/17 Received02/22/2021 996,500.000.5810.573 FHLB0978-21 1,000,000.00 998,442.810.580 02/11/20263130AKXB7 08/11 - 02/11 Received03/15/2021 987,500.000.8410.829 FHLB0980-21 2,650,000.00 2,649,541.701.500 04/14/20263130ALVT8 10/14 - 04/1404/14/2021 2,647,085.001.1161.101 FHLB1061-22 1,500,000.00 1,499,959.864.130 08/28/20253130ASZD4 02/28 - 08/28 Received09/13/2022 1,499,250.004.1484.091 FHLB1062-22 1,500,000.00 1,500,000.004.000 09/29/20253130AT7A9 03/29 - 09/2909/29/2022 1,500,000.004.0003.945 FHLB1121-23A 1,000,000.00 999,648.274.000 07/14/20253130ASGW3 01/14 - 07/14 Received09/15/2023 982,170.005.0294.960 Portfolio 2025 AC Run Date: 07/02/2025 - 16:03 PM (PRF_PMS) 7.3.11 Report Ver. 7.3.11 11 Page 2 Par Value Stated Rate June 30, 2025 Investment Status Report - Investments Portfolio Management Book Value Maturity Date Current Principal Investments FY 2024-2025 YTM 365 YTM 360 Payment DatesCUSIPInvestment #Issuer Purchase Date Accrued Interest At Purchase Federal Agency Coupon Securities FHLB1121-23B 1,000,000.00 999,648.274.000 07/14/20253130ASGW3 01/14 - 07/14 Received09/15/2023 982,170.005.0294.960 FHLB1156-24 2,000,000.00 2,000,000.004.530 09/08/20253130AYTS5 03/08 - 09/0802/05/2024 2,000,000.004.5324.470 FHLB1157-24 2,000,000.00 2,000,000.004.590 08/01/20253130AYVK9 08/01 - 02/0102/08/2024 2,000,000.004.5914.528 FHLB1161-24 1,250,000.00 1,229,838.912.500 12/30/20253130AKLS3 06/30 - 12/30 Received02/26/2024 1,175,212.501.9871.960 FHLB1162-24 900,000.00 886,779.612.000 12/30/20253130AQFB4 06/30 - 12/30 Received02/26/2024 850,959.004.7704.705 FHLB1175-24 4,000,000.00 3,937,671.724.000 05/26/20273130ARYA3 05/26 - 11/26 Received04/15/2024 3,898,000.004.8914.824 FHLB1178-24 600,000.00 584,083.162.000 05/26/20263130AMFN7 05/26 - 11/26 Received04/19/2024 562,926.002.4962.461 FHLB1181-24 1,500,000.00 1,441,715.211.050 08/13/20263130ANGM6 08/13 - 02/13 Received06/21/2024 1,388,070.004.7504.685 FHLB1182-24 1,000,000.00 982,315.422.250 03/30/20263130ARCU3 09/30 - 03/30 Received07/10/2024 959,240.004.7414.676 FHLB1183-24A 1,500,000.00 1,417,910.761.000 02/26/20273130ALDA9 08/26 - 02/26 Received07/10/2024 1,369,485.004.5504.488 FHLB1183-24B 1,000,000.00 945,273.841.000 02/26/20273130ALDA9 08/26 - 02/26 Received07/10/2024 912,990.004.5504.488 FHLB1185-24A 1,410,000.00 1,329,455.911.000 03/30/20273130ANZB9 09/30 - 03/30 Received07/10/2024 1,284,510.004.5104.449 FHLB1185-24B 1,000,000.00 942,876.531.000 03/30/20273130ANZB9 09/30 - 03/30 Received07/10/2024 911,000.004.5104.449 FHLB1186-24A 1,500,000.00 1,464,031.920.680 02/24/20263130ALCB8 08/24 - 02/24 Received07/31/2024 1,413,090.004.5604.498 FHLB1186-24B 1,000,000.00 976,021.280.680 02/24/20263130ALCB8 08/24 - 02/24 Received07/31/2024 942,060.004.5604.498 FHLB1190-24A 1,500,000.00 1,455,255.531.310 10/28/20263130APL29 10/28 - 04/28 Received09/13/2024 1,428,240.003.6703.620 FHLB1190-24B 1,000,000.00 970,170.351.310 10/28/20263130APL29 10/28 - 04/28 Received09/13/2024 952,160.003.6703.620 FHLB1191-24 500,000.00 485,342.571.500 11/27/20263130APXV2 11/27 - 05/27 Received09/13/2024 477,000.003.6903.639 FHLB1195-24 1,335,000.00 1,298,437.371.700 01/27/20273130AQM26 01/27 - 07/27 Received09/17/2024 1,280,091.453.5303.482 FHLB1196-24 1,250,000.00 1,220,004.012.000 02/25/20273130AQRQ8 02/25 - 08/25 Received09/17/2024 1,205,662.503.5303.482 FHLB1211-24 1,000,000.00 1,003,447.344.500 12/12/20253130ATUC9 12/12 - 06/12 Received09/30/2024 1,009,250.003.7013.650 FHLB1214-24 1,500,000.00 1,448,532.471.400 12/28/20263130AQEV1 12/28 - 06/28 Received10/07/2024 1,423,230.003.8203.768 FHLB1229-24A 1,500,000.00 1,452,930.421.050 06/30/20263130AN2H2 12/30 - 06/30 Received11/25/2024 1,424,610.004.3404.281 FHLB1229-24B 1,000,000.00 968,620.281.050 06/30/20263130AN2H2 12/30 - 06/30 Received11/25/2024 949,740.004.3404.281 FHLB1235-24A 1,500,000.00 1,426,619.140.850 01/29/20273130AKRE8 01/29 - 07/29 Received12/12/2024 1,400,910.004.1204.064 FHLB1235-24B 1,000,000.00 951,079.420.850 01/29/20273130AKRE8 01/29 - 07/29 Received12/12/2024 933,939.994.1204.064 FHLB1255-25 500,000.00 496,587.052.750 03/13/20263130AAUF3 09/13 - 03/13 38.1903/14/2025 495,083.503.7643.712 FHLB1256-25 1,200,000.00 1,203,703.834.500 03/13/20263130AV6J6 09/13 - 03/13 150.0003/14/2025 1,205,062.804.0644.008 FHLB1257-25 1,000,000.00 1,003,756.184.500 03/13/20263130AV6J6 09/13 - 03/13 500.0003/17/2025 1,004,600.004.0203.965 FHLB1260-25 1,500,000.00 1,500,000.004.250 03/28/20303130B5Q50 09/28 - 03/2803/28/2025 1,500,000.004.2504.192 FHLB1266-25A 1,500,000.00 1,500,000.004.250 04/30/20273130B62D7 10/30 - 04/3004/30/2025 1,500,000.004.2504.192 FHLB1266-25B 1,000,000.00 1,000,000.004.250 04/30/20273130B62D7 10/30 - 04/3004/30/2025 1,000,000.004.2504.192 FHLB1274-25 1,000,000.00 1,020,178.914.125 01/15/20273130AYPN0 07/15 - 01/15 16,500.0006/09/2025 1,003,825.003.8743.821 FHLB1275-25 1,500,000.00 1,501,192.894.150 05/28/20273130B6LC8 11/28 - 05/28 1,556.2506/09/2025 1,499,625.004.1634.106 FHLB1277-25 500,000.00 465,410.440.800 10/29/20273130AKML7 07/29 - 01/29 1,444.4406/09/2025 463,020.004.0814.025 Portfolio 2025 AC Run Date: 07/02/2025 - 16:03 PM (PRF_PMS) 7.3.11 12 Page 3 Par Value Stated Rate June 30, 2025 Investment Status Report - Investments Portfolio Management Book Value Maturity Date Current Principal Investments FY 2024-2025 YTM 365 YTM 360 Payment DatesCUSIPInvestment #Issuer Purchase Date Accrued Interest At Purchase Federal Agency Coupon Securities FHLMC1200-24A 3,000,000.00 2,994,897.383.550 12/15/20263134HANA7 12/15 - 06/1509/24/2024 2,992,200.003.6753.624 FHLMC1200-24B 2,000,000.00 1,996,598.253.550 12/15/20263134HANA7 12/15 - 06/1509/24/2024 1,994,800.003.6753.624 FHLMC1225-24 1,500,000.00 1,446,668.210.600 07/15/20263134GXKD5 01/15 - 07/15 Received11/05/2024 1,413,015.004.1804.123 FHLMC1234-24 1,000,000.00 951,950.120.750 12/30/20263134GW6P6 04/30 - 10/30 Received12/12/2024 934,210.004.1304.074 FHLMC1238-24 2,000,000.00 1,982,895.450.375 09/23/20253137EAEX3 03/23 - 09/23 Received12/16/2024 1,942,220.004.2304.172 FHLMC1248-25 1,000,000.00 999,559.684.050 08/28/20253134GXS54 02/28 - 08/28 Received02/19/2025 998,540.004.3324.273 FHLMC1249-25 1,500,000.00 1,478,199.000.500 11/24/20253134GXBN3 05/24 - 11/24 Received02/19/2025 1,458,075.004.2574.198 FHLMC1252-25 5,000,000.00 4,989,759.014.100 05/28/20273134HBCB5 05/28 - 11/2803/03/2025 4,988,000.004.8104.744 FHLMC1264-25 2,000,000.00 1,999,959.494.100 04/14/20273134HBJN2 10/14 - 04/14 227.7804/15/2025 1,999,700.004.1084.052 FHLMC1267-25A 1,500,000.00 1,498,166.174.000 12/15/20273134HBPR6 06/15 - 12/1505/05/2025 1,498,050.004.0543.999 FHLMC1267-25B 1,000,000.00 998,777.454.000 12/15/20273134HBPR6 06/15 - 12/1505/05/2025 998,700.004.0543.999 FHLMC1271-25 3,500,000.00 3,528,437.504.500 03/18/20273134HBEF4 09/18 - 03/18 28,437.5005/23/2025 3,500,000.004.4974.435 FHLMC1273-25 1,595,000.00 1,544,934.050.625 05/27/20263134GXCD4 11/27 - 05/27 332.2906/09/2025 1,541,200.654.2224.165 FNMA1174-24 3,850,000.00 3,710,888.500.700 05/28/20263135GA4Q1 05/28 - 11/28 Received04/15/2024 3,525,406.504.9384.871 FNMA1213-24A 1,500,000.00 1,492,046.473.375 09/30/20263135GAVJ7 03/30 - 09/30 Received10/07/2024 1,487,370.003.8203.768 FNMA1213-24B 1,000,000.00 994,697.643.375 09/30/20263135GAVJ7 03/30 - 09/30 Received10/07/2024 991,580.003.8203.768 FNMA1222-24A 1,500,000.00 1,495,861.200.700 07/30/20253135G05M1 01/30 - 07/30 Received10/24/2024 1,460,610.004.2164.158 FNMA1222-24B 1,000,000.00 997,240.800.700 07/30/20253135G05M1 01/30 - 07/30 Received10/24/2024 973,740.004.2164.158 TVA1272-25 1,399,000.00 1,404,641.723.875 03/15/2028880591EZ1 09/15 - 03/15 10,239.9005/23/2025 1,394,222.424.0033.948 116,307,717.98Federal Agency Coupon Securities Totals 114,655,826.3160,879.484.005117,939,000.00 4.060 Federal Agency Disc. -Amortizing FHDN1233-24 1,000,000.00 988,119.174.035 10/15/2025313385MZ6 10/15 - At Maturity12/06/2024 964,917.924.2614.203 FHDN1247-25 1,500,000.00 1,461,977.504.020 02/13/2026313385TA4 02/13 - At Maturity02/18/2025 1,439,700.004.2614.203 2,450,096.67Federal Agency Disc. -Amortizing Totals 2,404,617.920.004.2032,500,000.00 4.261 Treasury Coupon Securities US TRE1012-21 3,500,000.00 3,492,051.370.750 05/31/202691282CCF6 11/30 - 05/31 Received10/15/2021 3,459,804.691.0050.991 US TRE1032-22 9,000,000.00 8,853,456.260.750 05/31/202691282CCF6 05/31 - 11/30 Received04/14/2022 8,338,359.382.6412.605 US TRE1037-22 4,500,000.00 4,319,867.950.500 05/31/2027912828ZS2 05/31 - 11/30 Received04/18/2022 4,018,359.382.7562.719 US TRE1070-22 5,000,000.00 4,836,479.332.375 05/15/2027912828X88 11/15 - 05/15 Received10/14/2022 4,599,218.754.3204.260 US TRE1071-22 1,000,000.00 934,649.700.500 05/31/2027912828ZS2 11/30 - 05/31 Received10/14/2022 842,000.004.3014.242 US TRE1123-23 1,000,000.00 992,397.530.250 08/31/202591282CAJ0 02/29 - 08/31 Received09/27/2023 912,260.005.0915.021 US TRE1125-23 500,000.00 499,623.003.000 07/15/202591282CEY3 01/15 - 07/15 Received09/28/2023 482,335.005.0805.011 US TRE1129-23 1,500,000.00 1,496,687.144.250 10/15/202591282CFP1 10/15 - 04/15 Received10/04/2023 1,476,810.005.0604.991 Portfolio 2025 AC Run Date: 07/02/2025 - 16:03 PM (PRF_PMS) 7.3.11 13 Page 4 Par Value Stated Rate June 30, 2025 Investment Status Report - Investments Portfolio Management Book Value Maturity Date Current Principal Investments FY 2024-2025 YTM 365 YTM 360 Payment DatesCUSIPInvestment #Issuer Purchase Date Accrued Interest At Purchase Treasury Coupon Securities US TRE1130-23 1,500,000.00 1,477,455.750.250 10/31/202591282CAT8 10/31 - 04/30 Received10/04/2023 1,359,930.005.0504.981 US TRE1131-23A 1,500,000.00 1,497,244.924.500 11/15/202591282CFW6 11/15 - 05/15 Received10/05/2023 1,484,475.005.0204.952 US TRE1131-23B 1,000,000.00 998,163.284.500 11/15/202591282CFW6 11/15 - 05/15 Received10/05/2023 989,650.005.0204.952 US TRE1164-24A 1,500,000.00 1,497,163.224.250 12/31/202591282CJS1 06/30 - 12/31 Received03/13/2024 1,489,800.004.6454.581 US TRE1164-24B 1,000,000.00 998,108.814.250 12/31/202591282CJS1 06/30 - 12/31 Received03/13/2024 993,200.004.6454.581 US TRE1173-24 1,500,000.00 1,493,556.904.000 12/15/202591282CGA3 06/15 - 12/15 Received04/15/2024 1,476,503.914.9884.919 US TRE1177-24 4,000,000.00 3,646,869.821.250 05/31/202891282CCE9 05/31 - 11/30 Received04/15/2024 3,500,312.504.6094.546 US TRE1192-24A 1,500,000.00 1,514,239.174.875 04/30/202691282CKK6 10/31 - 04/30 Received09/16/2024 1,527,773.443.6863.636 US TRE1192-24B 1,000,000.00 1,009,492.784.875 04/30/202691282CKK6 10/31 - 04/30 Received09/16/2024 1,018,515.633.6863.636 US TRE1193-24 1,000,000.00 980,766.780.375 01/31/202691282CBH3 01/31 - 07/31 Received09/16/2024 954,882.813.7793.728 US TRE1194-24 1,500,000.00 1,508,554.064.500 03/31/202691282CKH3 09/30 - 03/31 Received09/16/2024 1,517,578.133.7083.657 US TRE1203-24 2,000,000.00 2,005,197.194.500 11/15/202591282CFW6 11/15 - 05/15 Received09/25/2024 2,015,781.253.7823.730 US TRE1215-24A 1,500,000.00 1,501,681.684.125 06/15/202691282CHH7 12/15 - 06/15 Received10/15/2024 1,502,929.694.0003.945 US TRE1215-24B 1,000,000.00 1,001,121.124.125 06/15/202691282CHH7 12/15 - 06/15 Received10/15/2024 1,001,953.124.0003.945 US TRE1216-24A 1,500,000.00 1,495,156.123.625 05/15/202691282CHB0 11/15 - 05/15 Received10/15/2024 1,491,210.944.0093.954 US TRE1216-24B 1,000,000.00 996,770.743.625 05/15/202691282CHB0 11/15 - 05/15 Received10/15/2024 994,140.624.0093.954 US TRE1217-24 1,000,000.00 1,001,858.595.000 09/30/202591282CJB8 03/31 - 09/30 Received10/15/2024 1,007,148.444.2294.171 US TRE1223-24 500,000.00 500,353.574.250 01/31/202691282CJV4 01/31 - 07/31 Received10/28/2024 500,760.004.1204.064 US TRE1237-24 2,000,000.00 1,980,599.310.250 09/30/202591282CAM3 03/31 - 09/30 Received12/16/2024 1,938,600.004.2504.192 US TRE1240-25 1,000,000.00 993,613.090.250 08/31/202591282CAJ0 02/28 - 08/31 Received01/07/2025 975,290.004.1814.123 US TRE1241-25 1,000,000.00 990,503.160.250 09/30/202591282CAM3 03/31 - 09/30 Received01/07/2025 972,240.004.1604.103 US TRE1242-25 1,000,000.00 990,330.720.250 09/30/202591282CAM3 03/31 - 09/30 Received01/24/2025 973,542.294.2304.172 US TRE1243-25 1,000,000.00 987,138.840.250 10/31/202591282CAT8 04/30 - 10/31 Received01/24/2025 970,482.584.2104.152 US TRE1244-25A 1,500,000.00 1,507,694.724.625 11/15/202691282CJK8 05/15 - 11/15 Received02/13/2025 1,509,810.004.2304.172 US TRE1244-25B 1,000,000.00 1,005,129.814.625 11/15/202691282CJK8 05/15 - 11/15 Received02/13/2025 1,006,540.004.2304.172 US TRE1245-25 2,000,000.00 1,941,577.612.625 05/31/202791282CET4 05/31 - 11/30 Received02/12/2025 1,929,960.004.2404.182 US TRE1246-25 2,000,000.00 1,964,635.633.625 05/31/202891282CHE4 05/31 - 11/30 Received02/12/2025 1,960,020.004.2804.221 US TRE1250-25 1,000,000.00 998,494.693.500 09/15/202591282CFK2 03/15 - 09/15 Received02/20/2025 995,900.004.2404.182 US TRE1251-25A 1,500,000.00 1,514,761.424.500 07/15/202691282CHM6 07/15 - 01/15 8,204.4202/28/2025 1,508,685.004.0614.005 US TRE1251-25B 1,000,000.00 1,009,840.944.500 07/15/202691282CHM6 07/15 - 01/15 5,469.6102/28/2025 1,005,790.004.0614.005 US TRE1254-25 3,000,000.00 2,971,172.773.625 05/31/202891282CHE4 05/31 - 11/30 Received03/13/2025 2,968,195.313.9783.923 US TRE1261-25A 1,500,000.00 1,503,347.153.750 08/31/202691282CLH2 08/31 - 02/28 7,031.2504/15/2025 1,495,650.003.9663.912 US TRE1261-25B 1,000,000.00 1,002,231.443.750 08/31/202691282CLH2 08/31 - 02/28 4,687.5004/15/2025 997,100.003.9663.912 US TRE1262-25A 1,500,000.00 1,517,367.264.625 09/15/202691282CHY0 09/15 - 03/15 5,844.0904/15/2025 1,513,535.153.9613.907 US TRE1262-25B 1,000,000.00 1,011,578.184.625 09/15/202691282CHY0 09/15 - 03/15 3,896.0604/15/2025 1,009,023.443.9613.907 Portfolio 2025 AC Run Date: 07/02/2025 - 16:03 PM (PRF_PMS) 7.3.11 14 Page 5 Par Value Stated Rate June 30, 2025 Investment Status Report - Investments Portfolio Management Book Value Maturity Date Current Principal Investments FY 2024-2025 YTM 365 YTM 360 Payment DatesCUSIPInvestment #Issuer Purchase Date Accrued Interest At Purchase Treasury Coupon Securities US TRE1263-25 1,500,000.00 1,512,237.654.625 10/15/202691282CJC6 10/15 - 04/1504/15/2025 1,514,238.283.9673.913 US TRE1265-25 8,000,000.00 7,416,558.121.250 05/31/202891282CCE9 05/31 - 11/30 Received04/15/2025 7,374,375.003.9323.879 US TRE1269-25 2,000,000.00 2,024,066.304.625 10/15/202691282CJC6 10/15 - 04/15 9,603.8305/23/2025 2,015,660.004.0403.984 US TRE1270-25 2,000,000.00 2,028,287.294.000 01/15/202791282CJT9 07/15 - 01/15 28,287.2905/23/2025 2,000,000.003.9973.943 US TRE1278-25 1,500,000.00 1,453,944.411.625 11/30/2026912828YU8 11/30 - 05/31 865.7806/13/2025 1,451,445.003.9213.867 US TRE1279-25 2,000,000.00 2,029,652.464.625 06/15/202791282CKV2 06/15 - 12/15 Received06/13/2025 2,030,400.003.8303.778 US TRE1280-25 1,000,000.00 1,007,893.874.250 11/30/202691282CLY5 11/30 - 05/31 3,019.1306/26/2025 1,004,921.883.8913.837 US TRE1281-25 1,000,000.00 1,017,949.714.625 10/15/202691282CJC6 10/15 - 04/15 9,098.3606/26/2025 1,008,945.313.9103.857 92,929,573.33Treasury Coupon Securities Totals 91,086,041.9286,007.323.80694,500,000.00 3.859 Treasury Discounts -Amortizing US TRE1239-25 2,000,000.00 1,999,548.894.060 07/03/2025912797NX1 07/03 - At Maturity01/07/2025 1,960,076.674.2594.200 1,999,548.89Treasury Discounts -Amortizing Totals 1,960,076.670.004.2002,000,000.00 4.259 Pass Through Securities /PAC/CMO FNMA1137-23A 1,321,290.64 1,269,760.314.500 07/25/20283136BQCS6 11/25 - Monthly Received10/31/2023 1,269,760.316.0035.920 FNMA1137-23B 880,860.45 846,506.894.500 07/25/20283136BQCS6 11/25 - Monthly Received10/31/2023 846,506.896.0035.920 FNMA1180-24 1,821,558.93 1,717,965.183.000 04/01/20293140XP6F1 06/25 - Monthly Received05/31/2024 1,758,658.224.3234.263 3,834,232.38Pass Through Securities /PAC/CMO Totals 3,874,925.420.005.1784,023,710.02 5.250 220,807,840.46Investment Totals 217,234,104.45146,886.80224,273,347.07 3.944 3.998 Portfolio 2025 AC Run Date: 07/02/2025 - 16:03 PM (PRF_PMS) 7.3.11 15 For Fiscal Year Ending June 30, 2025 0.14% 53.36% 46.51% Portfolio by Asset Class Cash and Equivalents Long Term Short Term 16 For Fiscal Year Ending June 30, 2025 3.79%8.69%1.11% 23.67% 11.86% 0.14%5.74% 1.34% 0.62% 43.03% Par Value by Issuer Graph FAMCA FFCB FHDN FHLB FHLMC FIB FNMA MHLVSE TVA UST 17 For Fiscal Year Ending June 30, 2025 0.14% 1.35% 52.67% 1.11% 42.09% 0.91% 1.74% Book Value By Investment Type Money Market Commercial Paper Federal Agency Coupon Securities Federal Agency Discounts Treasury Coupon Securities Treasury Discounts Pass through Securities 18 For Fiscal Year Ending June 30, 2025 0.00 1.00 2.00 3.00 4.00 5.00 6.00 Investment Yield by Type 19