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REDWOOD CITY <br />Security Type/Description <br />Dated Date/Coupon/Maturity CUSIP <br />U.S. Treasury Bond / Note <br />Managed Account Detail of Securities Held <br />S&P Moody's Trade Settle Original YTM <br />Par Rating Rating Date Date Cost at Cost <br />For the Quarter Ended June 30, 2018 <br />Portfolio Holdings <br />Accrued Amortized Market <br />Interest Cost Value <br />US TREASURY NOTES 9128281`62 800,000.00 AA+ Aa/1/ /2/2017 800,312.50 1.48 2,021.74 800,160.21 790,062 <br />DTD 10/31/2014 1.500% 10/31/2019 1 i — <br />US TREASURY NOTES <br />9128281-152 <br />2,920,000.00 <br />AA+ <br />Aaa <br />9/8/2016 <br />9/9/2016 <br />2,947,831.25 <br />0.96 <br />DTD 02/02/2015 1.250% 01/31/2020 <br />3,005,590.89 <br />2,941,524.00 <br />5,425.00 <br />1,612,526.78 <br />1,576,21 2 <br />n <br />20,530.47 <br />2,622,811.85 <br />2,553,6: 3 <br />� <br />US TREASURY NOTES <br />912828VV9 <br />1,700,000.00 <br />AA+� <br />Aaa <br />9/12/2016 <br />9/13/2016 <br />1,764,679.69 <br />1.14 <br />DTD 09/03/2013 2.125% 08/31/2020 <br />W <br />Account ""0000 <br />25 <br />US TREASURY NOTES <br />912828A42 <br />2,890,000.00 <br />AA+ <br />Aaa <br />8/24/2016 <br />8/25/2016 <br />2,998,149.22 <br />1.10 <br />DTD 12/02/2013 2.000% 11/30/2020 <br />912828A42 <br />1,440,000.00 <br />AA+ <br />11/7/201 <br />1,485,787.50 <br />1.20 <br />/02/20 g nnnoi 1 1 izni9020 <br />US TREASURY NOTES <br />912828N48 <br />3,200,000.00 <br />AA+ <br />Aaa <br />6/27/2017 <br />6/29/2017 <br />3,213,125.00 <br />1.63 <br />DTD 12/31/2015 1.750% 12/31/2020 <br />US TREASURY NOTES <br />912828690 <br />2,870,000.00 <br />AA+ <br />Aaa <br />9/28/2016 <br />9/29/2016 <br />2,980,988.28 <br />1.10 <br />DTD 02/28/2014 2.000% 02/28/2021 <br />US TREASURY NOTES <br />912828690 <br />3,000,000.00 <br />AA+ <br />Aaa <br />10/3/2016 <br />10/5/2016 <br />3,109,218.75 <br />1.15 <br />DTD 02/28/2014 2.000% 02/28/2021 <br />US TREASURY NOT <br />912828Q78 <br />1,255,000.00 <br />AA + <br />4/10/2017 <br />4/11/2017 <br />1,235,684.7 <br />DTD 05/02/2016 1.375% 04/30/2021 <br />US TREASURY NOTES <br />912828D72 <br />3,000,000.00 <br />AA+ <br />Aaa <br />12/1/2016 <br />12/5/2016 <br />3,008,203.13 <br />1.94 <br />DTD 09/02/2014 2.000% 08/31/2021 <br />US TREASURY NOTES � <br />912828T67 <br />2,000,000.00 <br />AA+ <br />/2/2017 <br />1,936,015.63 <br />1.97 <br />DTD 10/31/2016 1.250% 10/31/2021 <br />US TREASURY NOTES <br />912828F96 <br />1,750,000.00 <br />AA+ <br />Aaa <br />3/1/2018 <br />3/5/2018 <br />1,721,083.98 <br />2.48 <br />DTD 10/31/2014 2.000% 10/31/2021 <br />US TREASURY NOTES <br />912828F96 <br />3,000,000.00 <br />AA+ <br />Aaa <br />4/3/204/5/2017 <br />3,018,632.81 <br />1.86 <br />DTD 10/31/2014 2.000% 10/31/2021 <br />US TREASURY NOTES <br />912828F96 <br />1,610,000.00 <br />AA+ <br />Aaa <br />1/3/2017 <br />1/5/2017 <br />1,613,584.77 <br />1.95 <br />DTD 10/31/2014 2.000% 10/31/2021 <br />7S TREASURY NOTES <br />912828V72 <br />2,625,000.00 <br />AA+ <br />Aaa <br />7/6/2017 <br />7/11/2017 <br />2,622,231.45 <br />1.90 <br />DTD 01/31/2017 1.875% 01/31/2022 <br />PFM Asset Management LLC <br />15,225.14 2,933,105.19 2,864,108.28 <br />12,074.39 1,735,695.31 1,684,460.30 <br />1 � <br />4,895.63 2,951,872.01 2,850,487.92 <br />2,439.34 JOL 1,467,505.22 1,420,312.32 <br />152.17 3,209,433.86 3,135,126.40 <br />19,185.33 <br />2,937,582.62 <br />2,825,268.18 <br />20,054.35 <br />3,066,778.56 <br />2,953,242.00 <br />907.30 <br />1,241,364.55 <br />1,212,692.70 <br />20,054.35 <br />3,005,590.89 <br />2,941,524.00 <br />4,211.96 1,953,709.74 1,910,782.00 <br />5,896.74 <br />1,723,563.77 <br />1,713,358.50 <br />10,108.70 <br />3,013,750.62 <br />2,937,1Am <br />5,425.00 <br />1,612,526.78 <br />1,576,21 2 <br />n <br />20,530.47 <br />2,622,811.85 <br />2,553,6: 3 <br />� <br />cCz <br />CD <br />W <br />Account ""0000 <br />25 <br />