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A001 - Council Action Form dated October 27, 2026
To:Mayor and City Council From:Finance Department Date:October 27, 2026 Subject:Investment Report for Quarter Ending September 30, 2026 Item No. 8 MEMO Attached is a memo and report provided by the City Treasurer for the City Council's review and approval. ATTACHMENT(S): Quarterly Investment Report September 2026.pdf Finance 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 mes, IA 50010 www.CityofAmes.org City Treasurer MEMO To: Mayor and City Council From: Roger Wisecup, CPA City Treasure Date: Octobe 6, 2026 Subject: Investment Report for Quarte Ending Septembe 30, 2026 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 September 30, 2026. Discussion This report covers the period ending September 30, 2026, and presents a summary of the investments on hand at the end of September 2026. 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 raised the federal fund rate from 3.50-3.75 percent to 3.75-4.00 percent in the last quarter. The yield curve is currently upward-sloping, with longer-term maturities yielding higher interest rates than shorter-term investments. Accordingly, as securities mature, reinvestment will occur at the current short-term rates. Staff will continue to monitor market conditions and evaluate the City’s investment strategy, maintaining sufficient flexibility to adapt to changes in interest rates as the Federal Reserve assesses its target rate. 2 BOOK MARKET UN-REALIZED DESCRIPTION VALUE VALUE GAIN/(LOSS) CERTIFICATES OF DEPOSIT 0 FEDERAL AGENCY DISCOUNTS 18,867,734 18,854,675 (13,059) FEDERAL AGENCY SECURITIES 74,188,675 73,398,857 (789,818) US TREASURY STRIPS 2,914,625 2,912,966 (1,659) COMMERCIAL PAPER 10,339,906 10,334,365 (5,541) MISC COUPON SECURITIES 0 PASS THRU SECURITIES PAC/CMO 732,477 819,647 87,171 MONEY FUND SAVINGS ACCOUNTS 319,726 319,726 0 CORPORATE BONDS 0 US TREASURY DISCOUNTS 3,947,396 3,946,373 (1,023) US TREASURY SECURITIES 138,187,854 136,488,592 (1,699,261) INVESTMENTS 249,498,394 247,075,203 (2,423,191) CASH ACCOUNTS 34,353,689 34,353,689 TOTAL FUNDS AVAILABLE 283,852,082 281,428,892 (2,423,191) ACCRUAL BASIS INVESTMENT EARNINGS YR-TO-DATE GROSS EARNINGS ON INVESTMENTS: 2,150,438 INTEREST EARNED ON CASH: 119,331 TOTAL INTEREST EARNED: 2,269,769 AND THE ACCUMULATED YEAR-TO-DATE CITY OF AMES, IOWA CASH AND INVESTMENTS SUMMARY AND SUMMARY OF INVESTMENT EARNINGS FOR THE QUARTER ENDING SEPTEMBER 30, 2026 3 A RMCS Clty of Ames I nvestm ents FY 2026-2027 Portfolio Management Portfolio Summary September 30, 2026 Mrrkat Book Po,lrollo O.y! to iiial'tv YTIrl t80 EqulY. YTI'' 356 Equlv.lnvestm€nts Comm€rciel Papcr Obc. +rnonizin! Fed6ml Ag€nc, Coupon Sco.filios Foderal Agency Di6c. -AmodEing Trossury Coupon SoalJrilie! Tr$sury oigaolnb.Ariodizlng Slrip Bondr.Amortizine tua3 Through Seclrili€a /PAC/CMO 10.500,000.00 74.569.000.00 19.200.000.00 139.500.000.00 4,000,000.00 3.000,000.00 E36.070.42 10,134.36s.00 73,3S8,857,46 18,854,675.28 136,48E,592.29 3.0{5,373.20 2.912,966.40 819,647.32 10,339.906.10 74,188,675.09 18,Ellz,7y.48 134.187.853.60 3.947.396.30 2.914.625.X7 732,176.61 1.15 29.n 7.s7 55.{6 1_58 1.'t7 0.29 180 75€ 148 908 't29 25C 1,768 '130 387 152 523 1't9 246 913 {.20t 3.828 1.131 3.838 4.085 4.242 {.263 4.257 3.879 4.1E9 3.891 4.112 4.30'l 4.323 251,605,070.,[2 2i16,7S5,476.95 2ir9,178,667.58'100.00%760 429 3.882 3-936 lnvestmonts CE!h Pa$book/Choddng (not indud.d in ykid c5lcdoton3) Totrl Crlh and lnvqltrnonts 319.725 92 319.723_92 319.725 92 251,924,796.34 247,075,202.E7 249,498,393.50 760 429 3.882 3.936 0.295 0 299 Total Earnlngs Soptembor 30 Month Endlng Fiscal Yoar To Date Cunenl Year Avslago Dally Balanca Effoctivo Rats ol Rsturn I certify lhese reports are in conformance with the lowa Public lnvestment Act 720.928.96 227 p73,142.fi 3.86% 2.150,438.01 217,493,854,84 3.92% / 6-b-a6 )i Roger ll, City Treasurer Roportlng poriod 0U01 12026-0913U2O26 R6 DaL: 10/C2l2@6 - 11:32 Portfolio m27 AC FU (PRF-Piil ) 7 3.12 4 YTM 365 Page 1 Par Value Book Value Maturity Date Stated RateMarket Value September 30, 2026 Portfolio Details - Investments Average BalanceIssuer Portfolio Management Investments FY 2026-2027 Days to Maturity YTM 360CUSIPInvestment # Purchase Date Commercial Paper Disc. -Amortizing 3.886Air Liquide1358-26A 1,000,000.00 997,999.72 10/20/20263.79007/06/2026 998,000.00 3.83300912UKL3 19 3.886Air Liquide1358-26B 1,000,000.00 997,999.72 10/20/20263.79007/06/2026 998,000.00 3.83300912UKL3 19 3.914Credit Agricole1346-26 1,500,000.00 1,488,375.00 12/15/20263.72004/24/2026 1,488,375.00 3.86122533UMF7 75 4.455Great Bear Funding1374-26 7,000,000.00 6,855,531.66 03/24/20274.27009/15/2026 6,849,990.00 4.39439014JQQ6 174 10,339,906.10 4.20910,334,365.0010,500,000.007,132,036.34Subtotal and Average 4.267 130 Federal Agency Coupon Securities 4.070Farmer Mac1253-25A 1,500,000.00 1,484,594.69 04/12/20283.35003/05/2025 1,463,797.50 4.01431422XXC1 559 4.070Farmer Mac1253-25B 1,000,000.00 989,729.79 04/12/20283.35003/05/2025 975,865.00 4.01431422XXC1 559 3.749Farmer Mac1287-25A 1,500,000.00 1,499,889.19 08/13/20273.74008/15/2025 1,488,060.60 3.69731424WP63 316 3.749Farmer Mac1287-25B 1,000,000.00 999,926.13 08/13/20273.74008/15/2025 992,040.40 3.69731424WP63 316 3.900Farmer Mac1342-26 1,500,000.00 1,496,563.61 02/22/20283.73004/15/2026 1,478,026.80 3.84731428JBZ9 509 4.070Farmer Mac1360-26 1,500,000.00 1,503,654.55 07/14/20284.20007/16/2026 1,482,455.00 4.01431428JPF8 652 4.675Federal Farm Credit1179-24 1,000,000.00 916,448.00 06/01/20291.12505/31/2024 899,980.10 4.6113133EMHZ8 974 4.540Federal Farm Credit1184-24A 1,500,000.00 1,487,004.06 03/15/20272.50007/10/2024 1,486,167.00 4.4783133ENRK8 165 3.766Federal Farm Credit1268-25 4,000,000.00 4,006,746.23 05/30/20283.87505/09/2025 3,935,177.60 3.7143133EPLD5 607 4.025Federal Farm Credit1276-25 1,500,000.00 1,498,091.80 08/27/20273.87506/09/2025 1,489,092.60 3.9703133ETJT5 330 4.138Federal Farm Credit1285-25A 1,500,000.00 1,499,792.78 07/14/20274.12007/17/2025 1,492,961.55 4.0823133ETPU5 286 3.600Federal Farm Credit1290-25 1,500,000.00 1,506,596.72 11/29/20274.00009/03/2025 1,486,732.80 3.5513133EN3H1 424 3.483Federal Farm Credit1291-25A 1,500,000.00 1,509,520.40 10/14/20274.12509/10/2025 1,490,458.50 3.4353133ENS50 378 3.483Federal Farm Credit1291-25B 1,000,000.00 1,006,346.94 10/14/20274.12509/10/2025 993,639.00 3.4353133ENS50 378 3.521Federal Farm Credit1292-25 1,000,000.00 1,004,082.43 06/15/20274.12509/11/2025 996,681.50 3.4723133EPMV4 257 3.500Federal Farm Credit1293-25 1,000,000.00 1,004,749.08 09/29/20274.00009/11/2025 992,832.50 3.4523133ENQ29 363 3.538Federal Farm Credit1314-25A 1,000,000.00 998,318.85 10/27/20273.37511/19/2025 985,569.90 3.4893133ETM95 391 3.538Federal Farm Credit1314-25B 1,000,000.00 998,318.85 10/27/20273.37511/19/2025 985,569.90 3.4893133ETM95 391 3.550Federal Farm Credit1320-25 2,000,000.00 1,927,231.10 06/29/20281.35012/08/2025 1,878,984.20 3.5013133EMN73 637 3.470Federal Farm Credit1325-26 1,500,000.00 1,498,244.46 01/14/20283.37501/14/2026 1,473,267.00 3.4223133ET7L5 470 3.660Federal Farm Credit1340-26 2,000,000.00 2,000,943.56 04/14/20273.75004/14/2026 1,991,944.60 3.6093133EWLC2 195 4.109Federal Farm Credit1378-26 1,798,000.00 1,804,983.87 01/27/20273.77009/15/2026 1,802,550.14 4.0533133ETL54 118 4.550Federal Home Loan Bank1183-24A 1,500,000.00 1,479,995.06 02/26/20271.00007/10/2024 1,478,037.45 4.4883130ALDA9 148 4.510Federal Home Loan Bank1185-24A 1,410,000.00 1,387,078.87 03/30/20271.00007/10/2024 1,384,682.60 4.4493130ANZB9 180 3.670Federal Home Loan Bank1190-24A 1,500,000.00 1,497,467.29 10/28/20261.31009/13/2024 1,496,417.85 3.6203130APL29 27 3.530Federal Home Loan Bank1195-24 1,335,000.00 1,327,506.60 01/27/20271.70009/17/2024 1,322,556.60 3.4823130AQM26 118 3.530Federal Home Loan Bank1196-24 1,250,000.00 1,242,728.25 02/25/20272.00009/17/2024 1,236,712.63 3.4823130AQRQ8 147 3.820Federal Home Loan Bank1214-24 1,500,000.00 1,491,661.69 12/28/20261.40010/07/2024 1,488,651.60 3.7683130AQEV1 88 4.120Federal Home Loan Bank1235-24A 1,500,000.00 1,484,755.38 01/29/20270.85012/12/2024 1,481,686.05 4.0643130AKRE8 120 Portfolio 2027 AC Run Date: 10/02/2026 - 11:32 PM (PRF_PM2) 7.3.12 Report Ver. 7.3.11 5 YTM 365 Page 2 Par Value Book Value Maturity Date Stated RateMarket Value September 30, 2026 Portfolio Details - Investments Average BalanceIssuer Portfolio Management Investments FY 2026-2027 Days to Maturity YTM 360CUSIPInvestment # Purchase Date Federal Agency Coupon Securities 4.250Federal Home Loan Bank1260-25 1,500,000.00 1,500,000.00 03/28/20304.25003/28/2025 1,450,875.90 4.1923130B5Q50 1,274 4.081Federal Home Loan Bank1277-25 500,000.00 483,316.00 10/29/20270.80006/09/2025 478,449.95 4.0253130AKML7 393 4.146Federal Home Loan Bank1284-25A 1,500,000.00 1,500,028.70 06/30/20274.15007/17/2025 1,492,549.50 4.0903130B6SZ0 272 3.500Federal Home Loan Bank1300-25 1,500,000.00 1,471,975.93 04/28/20282.25010/06/2025 1,437,006.15 3.4523130AM4Q2 575 3.424Federal Home Loan Bank1324-26 1,000,000.00 995,137.14 12/15/20261.00001/09/2026 992,758.30 3.3773130ANTK6 75 3.400Federal Home Loan Bank1328-26A 1,500,000.00 1,500,000.00 07/30/20273.40001/30/2026 1,484,729.55 3.3533130B9CX6 302 3.400Federal Home Loan Bank1328-26B 1,000,000.00 1,000,000.00 07/30/20273.40001/30/2026 989,819.70 3.3533130B9CX6 302 3.619Federal Home Loan Bank1336-26 2,000,000.00 2,000,009.48 10/21/20263.62503/20/2026 1,999,050.80 3.5703130B7UU6 20 3.978Federal Home Loan Bank1375-26 4,000,000.00 4,004,351.38 11/23/20261.50009/15/2026 4,000,885.87 3.9233130APVJ1 53 3.978Federal Home Loan Bank1376-26 4,000,000.00 4,004,351.38 11/23/20261.50009/15/2026 4,000,885.87 3.9233130APVJ1 53 3.450Federal Home Loan Mortgage Co.1294-25 1,375,000.00 1,302,996.59 01/12/20291.00009/12/2025 1,254,258.77 3.4033134GXKE3 834 3.871Federal Home Loan Mortgage Co.1309-25 5,000,000.00 5,000,000.00 06/01/20283.87010/15/2025 4,908,147.00 3.8183134HBY70 609 4.635Federal Home Loan Mortgage Co.1372-26 1,500,000.00 1,485,641.39 09/26/20284.12509/14/2026 1,473,873.90 4.5713134HBT43 726 3.750Federal Nat'l Mtg. Assoc.1316-25 1,150,000.00 1,150,000.00 10/21/20303.75011/24/2025 1,079,634.95 3.6983136GAYY9 1,481 4.718Federal Nat'l Mtg. Assoc.1371-26 1,352,000.00 1,340,161.04 12/26/20283.90009/14/2026 1,328,443.70 4.6533136GCC29 817 4.003Tennessee Valley Authority1272-25 1,399,000.00 1,396,526.23 03/15/20283.87505/23/2025 1,377,708.48 3.948880591EZ1 531 3.899U.S. Treasury1282-25A 1,500,000.00 1,501,209.60 02/15/20274.12507/11/2025 1,499,180.10 3.84591282CKA8 137 74,188,675.09 3.82673,398,857.4674,569,000.0069,827,962.43Subtotal and Average 3.879 387 Federal Agency Disc. -Amortizing 3.976Federal Home Loan Bank1373-26 5,000,000.00 4,985,562.50 10/28/20263.85009/15/2026 4,985,000.00 3.922313385M37 27 4.148Federal Home Loan Bank1377-26 5,700,000.00 5,624,475.00 01/29/20273.97509/15/2026 5,620,670.28 4.092313384BE8 120 4.331Federal Home Loan Bank1379-26 3,000,000.00 2,918,042.92 05/28/20274.11509/15/2026 2,915,040.00 4.271313384GD5 239 4.331Federal Home Loan Bank1380-26 3,000,000.00 2,918,042.92 05/28/20274.11509/15/2026 2,915,040.00 4.271313384GD5 239 4.378Federal Home Loan Bank1381-26 2,500,000.00 2,421,611.11 06/30/20274.15009/15/2026 2,418,925.00 4.318313384IN2 272 18,867,734.45 4.13118,854,675.2819,200,000.0010,054,239.20Subtotal and Average 4.189 152 Treasury Coupon Securities 4.021Federal Nat'l Mtg. Assoc.1310-25 8,000,000.00 8,000,000.00 06/01/20294.02010/15/2025 7,765,611.20 3.9663136GAXW4 974 2.756U.S. Treasury1037-22 4,500,000.00 4,437,636.69 05/31/20270.50004/18/2022 4,385,032.65 2.719912828ZS2 242 4.320U.S. Treasury1070-22 5,000,000.00 4,945,892.14 05/15/20272.37510/14/2022 4,936,715.00 4.260912828X88 226 4.301U.S. Treasury1071-22 1,000,000.00 977,375.15 05/31/20270.50010/14/2022 974,451.70 4.242912828ZS2 242 4.609U.S. Treasury1177-24 4,000,000.00 3,798,400.80 05/31/20281.25004/15/2024 3,773,117.20 4.54691282CCE9 608 4.230U.S. Treasury1244-25A 1,500,000.00 1,500,689.77 11/15/20264.62502/13/2025 1,500,417.30 4.17291282CJK8 45 4.240U.S. Treasury1245-25 2,000,000.00 1,979,773.65 05/31/20272.62502/12/2025 1,976,546.40 4.18291282CET4 242 4.280U.S. Treasury1246-25 2,000,000.00 1,979,810.76 05/31/20283.62502/12/2025 1,961,787.20 4.22191282CHE4 608 Portfolio 2027 AC Run Date: 10/02/2026 - 11:32 PM (PRF_PM2) 7.3.12 6 YTM 365 Page 3 Par Value Book Value Maturity Date Stated RateMarket Value September 30, 2026 Portfolio Details - Investments Average BalanceIssuer Portfolio Management Investments FY 2026-2027 Days to Maturity YTM 360CUSIPInvestment # Purchase Date Treasury Coupon Securities 3.978U.S. Treasury1254-25 3,000,000.00 2,983,542.76 05/31/20283.62503/13/2025 2,942,680.80 3.92391282CHE4 608 3.967U.S. Treasury1263-25 1,500,000.00 1,500,363.75 10/15/20264.62504/15/2025 1,500,027.30 3.91391282CJC6 14 3.932U.S. Treasury1265-25 8,000,000.00 7,666,917.69 05/31/20281.25004/15/2025 7,546,234.40 3.87991282CCE9 608 4.040U.S. Treasury1269-25 2,000,000.00 2,000,429.88 10/15/20264.62505/23/2025 2,000,036.40 3.98491282CJC6 14 3.997U.S. Treasury1270-25 2,000,000.00 2,000,000.00 01/15/20274.00005/23/2025 1,998,969.00 3.94391282CJT9 106 3.921U.S. Treasury1278-25 1,500,000.00 1,494,554.58 11/30/20261.62506/13/2025 1,493,281.20 3.867912828YU8 60 3.830U.S. Treasury1279-25 2,000,000.00 2,010,673.22 06/15/20274.62506/13/2025 2,002,502.40 3.77891282CKV2 257 3.960U.S. Treasury1283-25A 1,500,000.00 1,504,140.13 04/15/20274.50007/16/2025 1,501,267.20 3.90691282CKJ9 196 3.720U.S. Treasury1286-25 1,000,000.00 1,004,621.62 05/15/20274.50008/15/2025 1,000,469.20 3.66991282CKR1 226 3.600U.S. Treasury1288-25 1,500,000.00 1,496,913.33 09/15/20273.37509/03/2025 1,482,948.30 3.55091282CLL3 349 3.621U.S. Treasury1289-25 1,500,000.00 1,507,184.51 09/30/20274.12509/03/2025 1,492,785.30 3.57191282CFM8 364 3.600U.S. Treasury1296-25A 1,500,000.00 1,502,336.25 12/31/20264.25009/19/2025 1,500,313.95 3.55191282CME8 91 3.550U.S. Treasury1297-25 1,000,000.00 1,002,059.10 05/31/20273.87510/02/2025 996,290.00 3.50291282CNE7 242 3.510U.S. Treasury1298-25 1,500,000.00 1,509,870.09 11/15/20274.12510/02/2025 1,491,038.10 3.46291282CLX7 410 3.510U.S. Treasury1299-25 1,500,000.00 1,509,871.95 11/15/20274.12510/06/2025 1,491,038.10 3.46291282CLX7 410 3.570U.S. Treasury1307-25 3,000,000.00 3,004,897.75 12/31/20264.25010/15/2025 3,000,627.90 3.52191282CME8 91 3.600U.S. Treasury1311-25 1,500,000.00 1,501,255.84 04/30/20273.75011/06/2025 1,494,725.40 3.55191282CMY4 211 3.539U.S. Treasury1315-25A 1,500,000.00 1,447,843.06 12/31/20270.62511/19/2025 1,425,895.65 3.49191282CBB6 456 3.539U.S. Treasury1315-25B 1,000,000.00 965,228.71 12/31/20270.62511/19/2025 950,597.10 3.49191282CBB6 456 3.500U.S. Treasury1317-25 5,000,000.00 5,012,012.32 05/31/20273.87511/25/2025 4,981,450.00 3.45291282CNE7 242 3.511U.S. Treasury1318-25 4,000,000.00 4,009,333.03 05/31/20273.87511/26/2025 3,985,160.00 3.46391282CNE7 242 3.482U.S. Treasury1319-25 1,000,000.00 1,000,153.03 09/30/20273.50012/03/2025 989,170.00 3.43491282CPB1 364 3.520U.S. Treasury1326-26 1,000,000.00 995,663.15 04/30/20272.75001/20/2026 990,742.30 3.47291282CEN7 211 3.520U.S. Treasury1327-26A 1,500,000.00 1,508,297.32 12/15/20274.00001/20/2026 1,487,696.85 3.47291282CMB4 440 3.520U.S. Treasury1327-26B 1,000,000.00 1,005,531.55 12/15/20274.00001/20/2026 991,797.90 3.47291282CMB4 440 3.620U.S. Treasury1329-26 5,000,000.00 4,891,595.35 05/31/20292.75002/05/2026 4,726,727.50 3.57091282CES6 973 3.450U.S. Treasury1330-26 1,000,000.00 1,007,999.65 06/15/20274.62502/12/2026 1,001,251.20 3.40391282CKV2 257 3.500U.S. Treasury1331-26 1,000,000.00 1,001,094.78 08/31/20273.62503/09/2026 991,548.50 3.45291282CNV9 334 3.601U.S. Treasury1335-26 1,000,000.00 997,922.47 09/15/20273.37503/13/2026 988,632.20 3.55191282CLL3 349 3.673U.S. Treasury1337-26 1,000,000.00 996,705.88 11/30/20261.62503/20/2026 995,520.80 3.623912828YU8 60 3.750U.S. Treasury1338-26 1,000,000.00 1,004,011.90 11/15/20274.12503/20/2026 994,025.40 3.69991282CLX7 410 3.751U.S. Treasury1339-26 1,000,000.00 995,777.42 11/30/20273.37503/20/2026 985,114.90 3.69991282CPL9 425 3.779U.S. Treasury1341-26 1,500,000.00 1,494,611.05 01/31/20283.50004/15/2026 1,475,801.55 3.72791282CGH8 487 3.771U.S. Treasury1343-26 1,500,000.00 1,445,925.50 03/31/20281.25004/15/2026 1,423,824.15 3.72091282CBS9 547 3.788U.S. Treasury1344-26 5,000,000.00 5,088,470.03 05/31/20294.50004/15/2026 4,942,574.00 3.73691282CKT7 973 3.854U.S. Treasury1345-26 5,000,000.00 5,024,348.80 05/31/20304.00004/15/2026 4,828,881.50 3.80191282CNG2 1,338 Portfolio 2027 AC Run Date: 10/02/2026 - 11:32 PM (PRF_PM2) 7.3.12 7 YTM 365 Page 4 Par Value Book Value Maturity Date Stated RateMarket Value September 30, 2026 Portfolio Details - Investments Average BalanceIssuer Portfolio Management Investments FY 2026-2027 Days to Maturity YTM 360CUSIPInvestment # Purchase Date Treasury Coupon Securities 3.860U.S. Treasury1347-26 1,500,000.00 1,478,053.09 02/15/20282.75005/12/2026 1,459,984.20 3.8079128283W8 502 3.860U.S. Treasury1348-26 1,500,000.00 1,497,448.06 05/15/20283.75005/12/2026 1,475,098.50 3.80791282CND9 592 3.940U.S. Treasury1349-26 1,500,000.00 1,498,383.30 06/15/20283.87505/14/2026 1,476,446.55 3.88691282CNH0 623 3.950U.S. Treasury1350-26 1,500,000.00 1,491,283.13 08/15/20283.62505/15/2026 1,467,012.60 3.89691282CNU1 684 4.055U.S. Treasury1351-26A 1,500,000.00 1,420,433.61 08/31/20281.12505/18/2026 1,398,461.70 3.99991282CCV1 700 4.055U.S. Treasury1351-26B 1,000,000.00 946,955.74 08/31/20281.12505/18/2026 932,307.80 3.99991282CCV1 700 3.858U.S. Treasury1352-26 1,500,000.00 1,467,562.90 05/31/20270.50006/01/2026 1,461,698.04 3.805912828ZS2 242 4.140U.S. Treasury1354-26 1,500,000.00 1,478,749.88 09/15/20283.37506/08/2026 1,458,399.90 4.08391282CNY3 715 4.120U.S. Treasury1355-26 1,500,000.00 1,421,407.73 10/31/20281.37506/08/2026 1,398,646.35 4.06491282CDF5 761 4.089U.S. Treasury1356-26 1,500,000.00 1,474,990.67 11/15/20283.12506/15/2026 1,450,926.11 4.0339128285M8 776 4.090U.S. Treasury1357-26 1,500,000.00 1,421,714.42 11/30/20281.50006/15/2026 1,397,090.03 4.03491282CDL2 791 4.070U.S. Treasury1359-26 3,000,000.00 2,970,432.88 12/15/20283.50007/06/2026 2,918,366.09 4.01491282CPP0 806 4.070U.S. Treasury1365-26 1,500,000.00 1,496,039.52 05/31/20272.62509/02/2026 1,492,522.50 4.01491282CET4 242 4.390U.S. Treasury1366-26 4,000,000.00 4,056,911.15 05/31/20294.50009/02/2026 4,000,288.71 4.33091282CKT7 973 3.780U.S. Treasury1367-26 1,500,000.00 1,505,634.88 10/31/20261.62509/02/2026 1,504,125.15 3.728912828YQ7 30 3.800U.S. Treasury1368-26 1,000,000.00 1,008,421.84 12/31/20264.25009/02/2026 1,007,600.60 3.74891282CME8 91 4.265U.S. Treasury1369-26 1,500,000.00 1,505,612.61 07/31/20284.25009/04/2026 1,490,152.68 4.20791282CRB9 669 4.020U.S. Treasury1385-26 1,000,000.00 1,001,373.90 03/15/20274.25009/18/2026 1,000,439.21 3.96591282CKE0 165 4.188U.S. Treasury1386-26 1,000,000.00 1,020,792.17 04/15/20274.50009/18/2026 1,020,025.13 4.13191282CKJ9 196 4.170U.S. Treasury1390-26 1,000,000.00 1,006,486.46 01/31/20274.12509/29/2026 1,006,182.44 4.11391282CMH1 122 4.900U.S. Treasury1392-26 1,500,000.00 1,480,301.73 01/31/20294.00009/29/2026 1,479,074.61 4.83391282CJW2 853 4.934U.S. Treasury1393-26 1,500,000.00 1,428,116.60 02/15/20292.62509/29/2026 1,427,880.18 4.8679128286B1 868 4.934U.S. Treasury1394-26 1,500,000.00 1,399,010.92 02/28/20291.87509/29/2026 1,400,538.11 4.86691282CEB3 881 138,187,853.60 3.838136,488,592.29139,500,000.00136,934,352.90Subtotal and Average 3.891 523 Treasury Discounts -Amortizing 4.106U.S. Treasury1382-26 1,000,000.00 990,017.93 12/31/20263.94909/18/2026 989,821.80 4.050912797VJ3 91 4.093U.S. Treasury1383-26 1,000,000.00 988,537.50 01/14/20273.93009/18/2026 988,225.40 4.037912797VT1 105 4.127U.S. Treasury1384-26 1,000,000.00 985,406.95 02/11/20273.95009/18/2026 984,826.00 4.070912797WB9 133 4.242U.S. Treasury1391-26 1,000,000.00 983,433.92 02/25/20274.05709/29/2026 983,500.00 4.184912797WC7 147 3,947,396.30 4.0853,946,373.204,000,000.001,349,087.89Subtotal and Average 4.142 119 Strip Bonds -Amortizing 4.190Treaasury Strips1387-26 1,000,000.00 979,647.13 03/31/20274.10409/24/2026 979,171.20 4.133912821HQ1 181 4.333Treaasury Strips1388-26 1,000,000.00 968,520.14 06/30/20274.22409/24/2026 967,839.80 4.273912821ES0 272 4.381Treaasury Strips1389-26 1,000,000.00 966,458.10 07/15/20274.26609/24/2026 965,955.40 4.321912821QB4 287 Portfolio 2027 AC Run Date: 10/02/2026 - 11:32 PM (PRF_PM2) 7.3.12 8 YTM 365 Page 5 Par Value Book Value Maturity Date Stated RateMarket Value September 30, 2026 Portfolio Details - Investments Average BalanceIssuer Portfolio Management Investments FY 2026-2027 Days to Maturity YTM 360CUSIPInvestment # Purchase Date 2,914,625.37 4.2422,912,966.403,000,000.00679,837.71Subtotal and Average 4.301 246 Pass Through Securities /PAC/CMO 4.323Federal Nat'l Mtg. Assoc.1180-24 836,070.42 732,476.67 04/01/20293.00005/31/2024 819,647.32 4.2633140XP6F1 913 732,476.67 4.263819,647.32836,070.42776,419.45Subtotal and Average 4.323 913 3.882227,073,492.56 251,605,070.42 3.936 429246,755,476.95 249,178,667.58Total and Average Portfolio 2027 AC Run Date: 10/02/2026 - 11:32 PM (PRF_PM2) 7.3.12 9 YTM 365 Page 6 Par Value Book Value Stated RateMarket Value September 30, 2026 Portfolio Details - Cash Average BalanceIssuer Portfolio Management Investments FY 2026-2027 Days to Maturity YTM 360CUSIPInvestment # Purchase Date Money Market 0.300First Interstate Bank4531558874 318,546.89 318,546.89 0.300318,546.89 0.296SYS4531558874B 1 0.000Charles Schwab1023-8750 1,179.03 1,179.0307/01/2026 1,179.03 0.0001023-8750 1 0.00 3.882227,073,492.56 251,924,796.34 3.936 429 1Average Balance 247,075,202.87 249,498,393.50Total Cash and Investments Portfolio 2027 AC Run Date: 10/02/2026 - 11:32 PM (PRF_PM2) 7.3.12 10 Page 1 Par Value Stated Rate September 30, 2026 Investment Status Report - Investments Portfolio Management Book Value Maturity Date Current Principal Investments FY 2026-2027 YTM 365 YTM 360 Payment DatesCUSIPInvestment #Issuer Purchase Date Accrued Interest At Purchase Commercial Paper Disc. -Amortizing AIRPP1358-26A 1,000,000.00 997,999.723.790 10/20/202600912UKL3 10/20 - At Maturity07/06/2026 988,840.563.8863.833 AIRPP1358-26B 1,000,000.00 997,999.723.790 10/20/202600912UKL3 10/20 - At Maturity07/06/2026 988,840.563.8863.833 CACPNY1346-26 1,500,000.00 1,488,375.003.720 12/15/202622533UMF7 12/15 - At Maturity04/24/2026 1,463,575.013.9143.861 GTBEAR1374-26 7,000,000.00 6,855,531.664.270 03/24/202739014JQQ6 03/24 - At Maturity09/15/2026 6,842,247.224.4554.394 10,339,906.10Commercial Paper Disc. -Amortizing Totals 10,283,503.350.004.20910,500,000.00 4.267 Federal Agency Coupon Securities FAMCA1253-25A 1,500,000.00 1,484,594.693.350 04/12/202831422XXC1 04/12 - 10/12 Received03/05/2025 1,468,770.004.0704.014 FAMCA1253-25B 1,000,000.00 989,729.793.350 04/12/202831422XXC1 04/12 - 10/12 Received03/05/2025 979,180.004.0704.014 FAMCA1287-25A 1,500,000.00 1,499,889.193.740 08/13/202731424WP63 02/13 - 08/13 Received08/15/2025 1,499,745.003.7493.697 FAMCA1287-25B 1,000,000.00 999,926.133.740 08/13/202731424WP63 02/13 - 08/13 Received08/15/2025 999,830.003.7493.697 FAMCA1342-26 1,500,000.00 1,496,563.613.730 02/22/202831428JBZ9 08/22 - 02/22 Received04/15/2026 1,495,425.003.9003.847 FAMCA1360-26 1,500,000.00 1,503,654.554.200 07/14/202831428JPF8 01/14 - 07/14 350.0007/16/2026 1,503,690.004.0704.014 FFCB1179-24 1,000,000.00 916,448.001.125 06/01/20293133EMHZ8 06/01 - 12/01 Received05/31/2024 843,340.004.6754.611 FFCB1184-24A 1,500,000.00 1,487,004.062.500 03/15/20273133ENRK8 09/15 - 03/15 Received07/10/2024 1,423,530.004.5404.478 FFCB1268-25 4,000,000.00 4,006,746.233.875 05/30/20283133EPLD5 05/30 - 11/30 Received05/09/2025 4,012,400.003.7663.714 FFCB1276-25 1,500,000.00 1,498,091.803.875 08/27/20273133ETJT5 08/27 - 02/27 Received06/09/2025 1,495,329.004.0253.970 FFCB1285-25A 1,500,000.00 1,499,792.784.120 07/14/20273133ETPU5 01/14 - 07/14 Received07/17/2025 1,499,475.004.1384.082 FFCB1290-25 1,500,000.00 1,506,596.724.000 11/29/20273133EN3H1 11/29 - 05/29 Received09/03/2025 1,512,720.003.6003.551 FFCB1291-25A 1,500,000.00 1,509,520.404.125 10/14/20273133ENS50 10/14 - 04/14 Received09/10/2025 1,519,245.003.4833.435 FFCB1291-25B 1,000,000.00 1,006,346.944.125 10/14/20273133ENS50 10/14 - 04/14 Received09/10/2025 1,012,830.003.4833.435 FFCB1292-25 1,000,000.00 1,004,082.434.125 06/15/20273133EPMV4 12/15 - 06/15 Received09/11/2025 1,010,190.003.5213.472 FFCB1293-25 1,000,000.00 1,004,749.084.000 09/29/20273133ENQ29 09/29 - 03/29 Received09/11/2025 1,009,790.003.5003.452 FFCB1314-25A 1,000,000.00 998,318.853.375 10/27/20273133ETM95 04/27 - 10/27 Received11/19/2025 996,960.003.5383.489 FFCB1314-25B 1,000,000.00 998,318.853.375 10/27/20273133ETM95 04/27 - 10/27 Received11/19/2025 996,960.003.5383.489 FFCB1320-25 2,000,000.00 1,927,231.101.350 06/29/20283133EMN73 12/29 - 06/29 Received12/08/2025 1,893,280.003.5503.501 FFCB1325-26 1,500,000.00 1,498,244.463.375 01/14/20283133ET7L5 07/14 - 01/1401/14/2026 1,497,270.003.4703.422 FFCB1340-26 2,000,000.00 2,000,943.563.750 04/14/20273133EWLC2 10/14 - 04/1404/14/2026 2,001,760.003.6603.609 FFCB1378-26 1,798,000.00 1,804,983.873.770 01/27/20273133ETL54 01/27 - Final Pmt.9,037.9509/15/2026 1,795,662.604.1094.053 FHLB1183-24A 1,500,000.00 1,479,995.061.000 02/26/20273130ALDA9 08/26 - 02/26 Received07/10/2024 1,369,485.004.5504.488 FHLB1185-24A 1,410,000.00 1,387,078.871.000 03/30/20273130ANZB9 09/30 - 03/30 Received07/10/2024 1,284,510.004.5104.449 FHLB1190-24A 1,500,000.00 1,497,467.291.310 10/28/20263130APL29 10/28 - 04/28 Received09/13/2024 1,428,240.003.6703.620 FHLB1195-24 1,335,000.00 1,327,506.601.700 01/27/20273130AQM26 01/27 - 07/27 Received09/17/2024 1,280,091.453.5303.482 FHLB1196-24 1,250,000.00 1,242,728.252.000 02/25/20273130AQRQ8 02/25 - 08/25 Received09/17/2024 1,205,662.503.5303.482 FHLB1214-24 1,500,000.00 1,491,661.691.400 12/28/20263130AQEV1 12/28 - 06/28 Received10/07/2024 1,423,230.003.8203.768 Portfolio 2027 AC Run Date: 10/02/2026 - 11:32 PM (PRF_PMS) 7.3.12 Report Ver. 7.3.11 11 Page 2 Par Value Stated Rate September 30, 2026 Investment Status Report - Investments Portfolio Management Book Value Maturity Date Current Principal Investments FY 2026-2027 YTM 365 YTM 360 Payment DatesCUSIPInvestment #Issuer Purchase Date Accrued Interest At Purchase Federal Agency Coupon Securities FHLB1235-24A 1,500,000.00 1,484,755.380.850 01/29/20273130AKRE8 01/29 - 07/29 Received12/12/2024 1,400,910.004.1204.064 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 FHLB1277-25 500,000.00 483,316.000.800 10/29/20273130AKML7 07/29 - 01/29 Received06/09/2025 463,020.004.0814.025 FHLB1284-25A 1,500,000.00 1,500,028.704.150 06/30/20273130B6SZ0 12/30 - 06/30 Received07/17/2025 1,500,075.004.1464.090 FHLB1300-25 1,500,000.00 1,471,975.932.250 04/28/20283130AM4Q2 10/28 - 04/28 Received10/06/2025 1,454,430.003.5003.452 FHLB1324-26 1,000,000.00 995,137.141.000 12/15/20263130ANTK6 03/15 - 09/15 Received01/09/2026 977,920.003.4243.377 FHLB1328-26A 1,500,000.00 1,500,000.003.400 07/30/20273130B9CX6 07/30 - 01/3001/30/2026 1,500,000.003.4003.353 FHLB1328-26B 1,000,000.00 1,000,000.003.400 07/30/20273130B9CX6 07/30 - 01/3001/30/2026 1,000,000.003.4003.353 FHLB1336-26 2,000,000.00 2,000,009.483.625 10/21/20263130B7UU6 03/23 - 09/23 Received03/20/2026 2,000,100.003.6193.570 FHLB1375-26 4,000,000.00 4,004,351.381.500 11/23/20263130APVJ1 11/23 - Final Pmt.18,666.6709/15/2026 3,981,280.003.9783.923 FHLB1376-26 4,000,000.00 4,004,351.381.500 11/23/20263130APVJ1 11/23 - Final Pmt.18,666.6709/15/2026 3,981,280.003.9783.923 FHLMC1294-25 1,375,000.00 1,302,996.591.000 01/12/20293134GXKE3 01/12 - 07/12 Received09/12/2025 1,269,757.503.4503.403 FHLMC1309-25 5,000,000.00 5,000,000.003.870 06/01/20283134HBY70 04/15 - 10/1510/15/2025 5,000,000.003.8713.818 FHLMC1372-26 1,500,000.00 1,485,641.394.125 09/26/20283134HBT43 09/26 - 03/26 Received09/14/2026 1,485,300.004.6354.571 FNMA1316-25 1,150,000.00 1,150,000.003.750 10/21/20303136GAYY9 04/21 - 10/21 Received11/24/2025 1,150,000.003.7503.698 FNMA1371-26 1,352,000.00 1,340,161.043.900 12/26/20283136GCC29 12/26 - 06/26 11,424.4009/14/2026 1,328,245.364.7184.653 TVA1272-25 1,399,000.00 1,396,526.233.875 03/15/2028880591EZ1 09/15 - 03/15 Received05/23/2025 1,394,222.424.0033.948 US TRE1282-25A 1,500,000.00 1,501,209.604.125 02/15/202791282CKA8 08/15 - 02/15 Received07/11/2025 1,505,156.253.8993.845 74,188,675.09Federal Agency Coupon Securities Totals 73,350,297.0858,145.693.82674,569,000.00 3.879 Federal Agency Disc. -Amortizing FHLB1373-26 5,000,000.00 4,985,562.503.850 10/28/2026313385M37 10/28 - At Maturity09/15/2026 4,977,006.943.9763.922 FHLB1377-26 5,700,000.00 5,624,475.003.975 01/29/2027313384BE8 01/29 - At Maturity09/15/2026 5,614,405.004.1484.092 FHLB1379-26 3,000,000.00 2,918,042.924.115 05/28/2027313384GD5 05/28 - At Maturity09/15/2026 2,912,556.254.3314.271 FHLB1380-26 3,000,000.00 2,918,042.924.115 05/28/2027313384GD5 05/28 - At Maturity09/15/2026 2,912,556.254.3314.271 FHLB1381-26 2,500,000.00 2,421,611.114.150 06/30/2027313384IN2 06/30 - At Maturity09/15/2026 2,417,000.004.3784.318 18,867,734.45Federal Agency Disc. -Amortizing Totals 18,833,524.440.004.13119,200,000.00 4.189 Treasury Coupon Securities FNMA1310-25 8,000,000.00 8,000,000.004.020 06/01/20293136GAXW4 04/15 - 10/1510/15/2025 8,000,000.004.0213.966 US TRE1037-22 4,500,000.00 4,437,636.690.500 05/31/2027912828ZS2 05/31 - 11/30 Received04/18/2022 4,018,359.382.7562.719 US TRE1070-22 5,000,000.00 4,945,892.142.375 05/15/2027912828X88 11/15 - 05/15 Received10/14/2022 4,599,218.754.3204.260 US TRE1071-22 1,000,000.00 977,375.150.500 05/31/2027912828ZS2 11/30 - 05/31 Received10/14/2022 842,000.004.3014.242 US TRE1177-24 4,000,000.00 3,798,400.801.250 05/31/202891282CCE9 05/31 - 11/30 Received04/15/2024 3,500,312.504.6094.546 US TRE1244-25A 1,500,000.00 1,500,689.774.625 11/15/202691282CJK8 05/15 - 11/15 Received02/13/2025 1,509,810.004.2304.172 Portfolio 2027 AC Run Date: 10/02/2026 - 11:32 PM (PRF_PMS) 7.3.12 12 Page 3 Par Value Stated Rate September 30, 2026 Investment Status Report - Investments Portfolio Management Book Value Maturity Date Current Principal Investments FY 2026-2027 YTM 365 YTM 360 Payment DatesCUSIPInvestment #Issuer Purchase Date Accrued Interest At Purchase Treasury Coupon Securities US TRE1245-25 2,000,000.00 1,979,773.652.625 05/31/202791282CET4 05/31 - 11/30 Received02/12/2025 1,929,960.004.2404.182 US TRE1246-25 2,000,000.00 1,979,810.763.625 05/31/202891282CHE4 05/31 - 11/30 Received02/12/2025 1,960,020.004.2804.221 US TRE1254-25 3,000,000.00 2,983,542.763.625 05/31/202891282CHE4 05/31 - 11/30 Received03/13/2025 2,968,195.313.9783.923 US TRE1263-25 1,500,000.00 1,500,363.754.625 10/15/202691282CJC6 10/15 - 04/1504/15/2025 1,514,238.283.9673.913 US TRE1265-25 8,000,000.00 7,666,917.691.250 05/31/202891282CCE9 05/31 - 11/30 Received04/15/2025 7,374,375.003.9323.879 US TRE1269-25 2,000,000.00 2,000,429.884.625 10/15/202691282CJC6 10/15 - 04/15 Received05/23/2025 2,015,660.004.0403.984 US TRE1270-25 2,000,000.00 2,000,000.004.000 01/15/202791282CJT9 07/15 - 01/15 Received05/23/2025 2,000,000.003.9973.943 US TRE1278-25 1,500,000.00 1,494,554.581.625 11/30/2026912828YU8 11/30 - 05/31 Received06/13/2025 1,451,445.003.9213.867 US TRE1279-25 2,000,000.00 2,010,673.224.625 06/15/202791282CKV2 06/15 - 12/15 Received06/13/2025 2,030,400.003.8303.778 US TRE1283-25A 1,500,000.00 1,504,140.134.500 04/15/202791282CKJ9 10/15 - 04/15 Received07/16/2025 1,513,476.563.9603.906 US TRE1286-25 1,000,000.00 1,004,621.624.500 05/15/202791282CKR1 11/15 - 05/15 Received08/15/2025 1,013,046.883.7203.669 US TRE1288-25 1,500,000.00 1,496,913.333.375 09/15/202791282CLL3 09/15 - 03/15 Received09/03/2025 1,493,437.503.6003.550 US TRE1289-25 1,500,000.00 1,507,184.514.125 09/30/202791282CFM8 09/30 - 03/31 Received09/03/2025 1,514,941.413.6213.571 US TRE1296-25A 1,500,000.00 1,502,336.254.250 12/31/202691282CME8 12/31 - 06/30 Received09/19/2025 1,512,015.003.6003.551 US TRE1297-25 1,000,000.00 1,002,059.103.875 05/31/202791282CNE7 11/30 - 05/31 Received10/02/2025 1,005,156.253.5503.502 US TRE1298-25 1,500,000.00 1,509,870.094.125 11/15/202791282CLX7 11/15 - 05/15 Received10/02/2025 1,518,632.813.5103.462 US TRE1299-25 1,500,000.00 1,509,871.954.125 11/15/202791282CLX7 11/15 - 05/15 Received10/06/2025 1,518,540.003.5103.462 US TRE1307-25 3,000,000.00 3,004,897.754.250 12/31/202691282CME8 12/31 - 06/30 Received10/15/2025 3,023,789.063.5703.521 US TRE1311-25 1,500,000.00 1,501,255.843.750 04/30/202791282CMY4 04/30 - 10/31 Received11/06/2025 1,503,213.993.6003.551 US TRE1315-25A 1,500,000.00 1,447,843.060.625 12/31/202791282CBB6 12/31 - 06/30 Received11/19/2025 1,411,699.223.5393.491 US TRE1315-25B 1,000,000.00 965,228.710.625 12/31/202791282CBB6 12/31 - 06/30 Received11/19/2025 941,132.813.5393.491 US TRE1317-25 5,000,000.00 5,012,012.323.875 05/31/202791282CNE7 11/30 - 05/31 Received11/25/2025 5,027,400.003.5003.452 US TRE1318-25 4,000,000.00 4,009,333.033.875 05/31/202791282CNE7 11/30 - 05/31 Received11/26/2025 4,021,250.003.5113.463 US TRE1319-25 1,000,000.00 1,000,153.033.500 09/30/202791282CPB1 03/31 - 09/30 Received12/03/2025 1,000,280.003.4823.434 US TRE1326-26 1,000,000.00 995,663.152.750 04/30/202791282CEN7 04/30 - 10/31 Received01/20/2026 990,442.483.5203.472 US TRE1327-26A 1,500,000.00 1,508,297.324.000 12/15/202791282CMB4 06/15 - 12/15 Received01/20/2026 1,513,087.143.5203.472 US TRE1327-26B 1,000,000.00 1,005,531.554.000 12/15/202791282CMB4 06/15 - 12/15 Received01/20/2026 1,008,724.763.5203.472 US TRE1329-26 5,000,000.00 4,891,595.352.750 05/31/202991282CES6 05/31 - 11/30 Received02/05/2026 4,865,079.103.6203.570 US TRE1330-26 1,000,000.00 1,007,999.654.625 06/15/202791282CKV2 06/15 - 12/15 Received02/12/2026 1,015,190.003.4503.403 US TRE1331-26 1,000,000.00 1,001,094.783.625 08/31/202791282CNV9 08/31 - 02/28 Received03/09/2026 1,001,770.003.5003.452 US TRE1335-26 1,000,000.00 997,922.473.375 09/15/202791282CLL3 03/15 - 09/15 Received03/13/2026 996,720.003.6013.551 US TRE1337-26 1,000,000.00 996,705.881.625 11/30/2026912828YU8 05/31 - 11/30 Received03/20/2026 986,000.003.6733.623 US TRE1338-26 1,000,000.00 1,004,011.904.125 11/15/202791282CLX7 05/15 - 11/15 Received03/20/2026 1,005,920.003.7503.699 US TRE1339-26 1,000,000.00 995,777.423.375 11/30/202791282CPL9 05/31 - 11/30 Received03/20/2026 993,840.003.7513.699 US TRE1341-26 1,500,000.00 1,494,611.053.500 01/31/202891282CGH8 07/31 - 01/31 Received04/15/2026 1,492,740.963.7793.727 Portfolio 2027 AC Run Date: 10/02/2026 - 11:32 PM (PRF_PMS) 7.3.12 13 Page 4 Par Value Stated Rate September 30, 2026 Investment Status Report - Investments Portfolio Management Book Value Maturity Date Current Principal Investments FY 2026-2027 YTM 365 YTM 360 Payment DatesCUSIPInvestment #Issuer Purchase Date Accrued Interest At Purchase Treasury Coupon Securities US TRE1343-26 1,500,000.00 1,445,925.501.250 03/31/202891282CBS9 09/30 - 03/31 Received04/15/2026 1,429,218.753.7713.720 US TRE1344-26 5,000,000.00 5,088,470.034.500 05/31/202991282CKT7 05/31 - 11/30 Received04/15/2026 5,103,836.353.7883.736 US TRE1345-26 5,000,000.00 5,024,348.804.000 05/31/203091282CNG2 05/31 - 11/30 Received04/15/2026 5,027,424.253.8543.801 US TRE1347-26 1,500,000.00 1,478,053.092.750 02/15/20289128283W8 08/15 - 02/15 Received05/12/2026 1,471,845.003.8603.807 US TRE1348-26 1,500,000.00 1,497,448.063.750 05/15/202891282CND9 05/15 - 11/15 Received05/12/2026 1,496,835.943.8603.807 US TRE1349-26 1,500,000.00 1,498,383.303.875 06/15/202891282CNH0 06/15 - 12/15 Received05/14/2026 1,498,020.003.9403.886 US TRE1350-26 1,500,000.00 1,491,283.133.625 08/15/202891282CNU1 08/15 - 02/15 Received05/15/2026 1,489,511.723.9503.896 US TRE1351-26A 1,500,000.00 1,420,433.611.125 08/31/202891282CCV1 08/31 - 02/28 Received05/18/2026 1,404,975.004.0553.999 US TRE1351-26B 1,000,000.00 946,955.741.125 08/31/202891282CCV1 08/31 - 02/28 Received05/18/2026 936,650.004.0553.999 US TRE1352-26 1,500,000.00 1,467,562.900.500 05/31/2027912828ZS2 11/30 - 05/31 20.4906/01/2026 1,451,179.503.8583.805 US TRE1354-26 1,500,000.00 1,478,749.883.375 09/15/202891282CNY3 09/15 - 03/15 Received06/08/2026 1,475,332.034.1404.083 US TRE1355-26 1,500,000.00 1,421,407.731.375 10/31/202891282CDF5 10/31 - 04/30 2,185.8006/08/2026 1,407,015.004.1204.064 US TRE1356-26 1,500,000.00 1,474,990.673.125 11/15/20289128285M8 11/15 - 05/15 3,948.7106/15/2026 1,467,011.724.0894.033 US TRE1357-26 1,500,000.00 1,421,714.421.500 11/30/202891282CDL2 11/30 - 05/31 922.1306/15/2026 1,409,977.584.0904.034 US TRE1359-26 3,000,000.00 2,970,432.883.500 12/15/202891282CPP0 12/15 - 06/15 6,024.5907/06/2026 2,960,566.504.0704.014 US TRE1365-26 1,500,000.00 1,496,039.522.625 05/31/202791282CET4 11/30 - 05/31 10,112.7009/02/2026 1,484,240.364.0704.014 US TRE1366-26 4,000,000.00 4,056,911.154.500 05/31/202991282CKT7 11/30 - 05/31 46,229.5109/02/2026 4,011,000.004.3904.330 US TRE1367-26 1,500,000.00 1,505,634.881.625 10/31/2026912828YQ7 10/31 - Final Pmt.8,279.5509/02/2026 1,494,798.813.7803.728 US TRE1368-26 1,000,000.00 1,008,421.844.250 12/31/202691282CME8 12/31 - Final Pmt.7,391.3009/02/2026 1,001,358.963.8003.748 US TRE1369-26 1,500,000.00 1,505,612.614.250 07/31/202891282CRB9 01/31 - 07/31 6,063.1809/04/2026 1,499,531.254.2654.207 US TRE1385-26 1,000,000.00 1,001,373.904.250 03/15/202791282CKE0 03/15 - Final Pmt.352.2109/18/2026 1,001,102.194.0203.965 US TRE1386-26 1,000,000.00 1,020,792.174.500 04/15/202791282CKJ9 10/15 - 04/15 19,180.3309/18/2026 1,001,718.754.1884.131 US TRE1390-26 1,000,000.00 1,006,486.464.125 01/31/202791282CMH1 01/31 - Final Pmt.6,725.5409/29/2026 999,757.004.1704.113 US TRE1392-26 1,500,000.00 1,480,301.734.000 01/31/202991282CJW2 01/31 - 07/31 9,782.6109/29/2026 1,470,450.004.9004.833 US TRE1393-26 1,500,000.00 1,428,116.602.625 02/15/20299128286B1 02/15 - 08/15 4,814.8809/29/2026 1,423,125.004.9344.867 US TRE1394-26 1,500,000.00 1,399,010.921.875 02/28/202991282CEB3 02/28 - 08/31 2,253.1109/29/2026 1,396,523.444.9344.866 138,187,853.60Treasury Coupon Securities Totals 136,414,525.25134,286.643.838139,500,000.00 3.891 Treasury Discounts -Amortizing US TRE1382-26 1,000,000.00 990,017.933.949 12/31/2026912797VJ3 12/31 - At Maturity09/18/2026 988,591.924.1064.050 US TRE1383-26 1,000,000.00 988,537.503.930 01/14/2027912797VT1 01/14 - At Maturity09/18/2026 987,118.334.0934.037 US TRE1384-26 1,000,000.00 985,406.953.950 02/11/2027912797WB9 02/11 - At Maturity09/18/2026 983,980.564.1274.070 US TRE1391-26 1,000,000.00 983,433.924.057 02/25/2027912797WC7 02/25 - At Maturity09/29/2026 983,208.534.2424.184 3,947,396.30Treasury Discounts -Amortizing Totals 3,942,899.340.004.0854,000,000.00 4.142 Portfolio 2027 AC Run Date: 10/02/2026 - 11:32 PM (PRF_PMS) 7.3.12 14 Page 5 Par Value Stated Rate September 30, 2026 Investment Status Report - Investments Portfolio Management Book Value Maturity Date Current Principal Investments FY 2026-2027 YTM 365 YTM 360 Payment DatesCUSIPInvestment #Issuer Purchase Date Accrued Interest At Purchase Strip Bonds -Amortizing TSTRIP1387-26 1,000,000.00 979,647.134.104 03/31/2027912821HQ1 03/31 - At Maturity09/24/2026 978,860.004.1904.133 TSTRIP1388-26 1,000,000.00 968,520.144.224 06/30/2027912821ES0 06/30 - At Maturity09/24/2026 967,710.004.3334.273 TSTRIP1389-26 1,000,000.00 966,458.104.266 07/15/2027912821QB4 07/15 - At Maturity09/24/2026 965,640.004.3814.321 2,914,625.37Strip Bonds -Amortizing Totals 2,912,210.000.004.2423,000,000.00 4.301 Pass Through Securities /PAC/CMO FNMA1180-24 836,070.42 732,476.673.000 04/01/20293140XP6F1 06/25 - Monthly Received05/31/2024 807,199.864.3234.263 732,476.67Pass Through Securities /PAC/CMO Totals 807,199.860.004.263836,070.42 4.323 249,178,667.58Investment Totals 246,544,159.32192,432.33251,605,070.42 3.882 3.936 Portfolio 2027 AC Run Date: 10/02/2026 - 11:32 PM (PRF_PMS) 7.3.12 15 Page 6 Par Value Stated Rate September 30, 2026 Investment Status Report - Cash Portfolio Management Book Value Maturity Date Current Principal Investments FY 2026-2027 YTM 365 YTM 360 Payment DatesCUSIPInvestment #Issuer Purchase Date Accrued Interest At Purchase Money Market FIB4531558874 318,546.89 318,546.890.300SYS4531558874B 07/01 - Monthly 318,546.890.3000.296 SCHWAB1023-8750 1,179.03 1,179.031023-8750 03/31 - Quarterly07/01/2026 1,179.030.0000.000 319,725.92Cash Totals Total Cash and Investments 249,498,393.50 319,725.92 246,863,885.24 0.00 192,432.33 319,725.92 251,924,796.34 3.882 3.936 Portfolio 2027 AC Run Date: 10/02/2026 - 11:32 PM (PRF_PMS) 7.3.12 16 For Quarter Ending September 30, 2026 0.13% 46.15% 53.72% Portfolio by Asset Class Cash and Equivalents Long Term Short Term 17 For Quarter Ending September 30, 2026 3.22%9.98% 19.20% 3.17% 0.13% 4.56%2.82% 0.00%1.21% 0.56% 55.15% Par Value by Issuer Graph AIRPP CACPNY FAMCA FFCB FHLB FHLMC FIB FNMA GTBEAR SCHWB USTS 18 For Quarter Ending September 30, 2026 0.13% 4.14% 29.74% 7.56%1.17% 55.39% 1.58%0.29% Book Value By Investment Type Money Market Commercial Paper Federal Agency Coupon Securities Federal Agency Discount Securities Treasury Strip Bonds Treasury Coupon Securities Treasury Discount Securities Pass through Securities 19 For Quarter Ending September 30, 2026 0.00 0.50 1.00 1.50 2.00 2.50 3.00 3.50 4.00 4.50 Investment Yield by Type 20