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Investment Performance ReviewFor the Quarter Ended December 31, 2021Client Management TeamPFM Asset Management LLCAllison Kaune, Senior AnalystJoseph Creason, Portfolio ManagerREDWOOD CITY213 Market StreetHarrisburg, PA 17101-2141717-232-27231 California Street 10th FloorSan Francisco, CA 94111415-393-7270NOT FDIC INSURED : NO BANK GUARANTEE : MAY LOSE VALUEFor Institutional Investor or Investment Professional UseOnly - This material is not for inspection by, distributionto, or quotation to the general public6.A. - Page 5 of 479