Laserfiche WebLink
© PFM Asset Management LLC pfmam.comREDWOOD CITYFor the Quarter Ended December 31, 2021Portfolio Performance|The lesser of 10 years or since inception is shown. Since inception returns for periods one year or less are not shown. Performance inception date is December 31, 2016.1.Interest earned calculated as the ending accrued interest less beginning accrued interest, plus net interest activity.2.Returns for periods one year or less are presented on a periodic basis. Returns for periods greater than one year are presented on an annualized basis.3.The portfolio’s benchmark is the ICE BofAML 1-5 Year U.S. Treasury Index. Source: Bloomberg.4.-2.0%-1.0%0.0%1.0%2.0%3.0%ReturnPortfolioBenchmarkNet of FeesPortfolio PerformanceMarket Value Basis Earnings3 Months1 Year3 Years5 Years Since Inception¹Interest Earned²$586,826 $2,583,180$9,591,620 $14,584,664$14,584,664Change in Market Value($1,740,182) ($4,139,715)$3,380,287 $1,780,248$1,780,248($1,153,356)Total Dollar Return($1,556,535) $12,971,907 $16,364,912$16,364,912Total Return³Portfolio-0.71%-0.96%2.73%2.12%2.12%Benchmark⁴-0.68%-1.10%2.42%1.88%1.88%Basis Point Fee0.02%0.07%0.07%0.07%0.07%Net of Fee Return-0.73%-1.03%2.66%2.06%2.06%3 Months1 Year3 Years5 Years Since Inception86.A. - Page 14 of 4718