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2024-03-05 CC Agenda Packet - ITEM G11 - Investment Portfolio Report - December 2023CITY OF ELSE GUNDO City of El Segundo Investment Portfolio Report December 2023 Certified By: City Treasurers Office CITY OF ELSEGUNDO Portfolio Portfolio Summary As of December 2023 PartfolioType / Security Type Security Type Liquidity Reserve CalTRUST $47,46S,300 CAMP -JPAP a m $40,000,000 41,055,611 Cash > Cash Sweep x$23,694,965 Government Agency $20,000,000 $7,234,812 $8,569,203 LAIF $0 $3,075,932 $2,145,404 $24,770 $4,943,405 $4,447,675 - � LA Medium Term Notes $46,425,781 Municipal Bonds m $41,171,552 Negotiable Certificates of Deposit $40,000,000 U.S.Treasuries $24,198,469 Sao $20,000,000 $7,234,812 $8,569,203 S 103,0S8 $0 $3,075,932 $2,145,404 $ $4,624,775 - $24,770 � 0 40 00 % 33.27% 30.00% 28.789'0 0 ~ 20.00 % 16.61% 0 10 00 % 6.01% 5.07% 2.16% 1.509'0 of 3.47% 3.12% 0 00 % 0.02% - 0 0 2.99 O1 3 2.51 2.50 Q T w 2 L � 3 1 0.80 0.46 0 0.00 0.00 0.00 0.00 0.00 rn 600036 5.55% 5.30% a 3.9690 4.09% 4.26% a a 4 00 % 3.2596 r '0 2.54% Ms- 1 �� 3 2 00% 0 00 % 0.45% 2 6 00 % 5,55 % 5.30% 4 99% 4.74% 5.13% 4.83% 4 00°h 3.86% 3.96% 4.31% a a _rn 2 00% m 0.45% 0 00% Mm EMEMENE CalTRUST CAMP-JPAP Cash Cash Sweep LAIF Government Agency Medium Tei m Notes Municipal Bonds Negotiable U S. Treasuries Certificates of Deposit $120,000,000 $100,000,000 v $80,000,000 6 $60,000,000 m $40,000,000 $20,000,000 $0 80% d > 60% 0 40% 0 20% 0 is 3.00 250 T F a 200 T J ISO T Q m 100 Oi N 3: 0.50 000 November2019 May2020 Portfolio Through Time As of December 2023 12-1,S23.634 Portfolio Type Liquidity Reserve $21,OSO,121 15% i� i 2.46 0.00 November 2020 May 2021 November 2021 May 2022 November 2022 May 2023 November 2023 Date U S Treasuries $47,465,300 33.27% Investments by Security Type As of December 2023 Negotiable Certificates of Deposit $41,055,611 28.78% CalTRUST $7,234,812 CAMP •JPAP 5.07% $3.075.932 sh Sweep 1,569,203 6.01% Government Agency $4.943,405 3.47% Municipal Bonds $4,447,875 3.12% Medium Term Notes $23,694,965 16.61% Security Type CaITRUST CAMP-JPAP Cash Cash Sweep Government Agency LAIF bl Medium Term Notes Municipal Bonds Negotiable Certificates of Deposit U.S. Treasuries Reserve Portfolio Ladder by Quarter As of December 2023 2024 2025 2026 2027 2028 S32,000,000 0 S30,000,000 0 ai m m N S28, 000, 000 O O � O y O S26,000,000 m No O N M N eq O ¢1 M S24,000,000 O N N 522,000,000 S20,000,000 p 0 � p S1B4O00,000 0 0 tPr �A p J O O O O S16,000,000 w n ri 'm M a ti N o �.v o $14,000,000 a (V S12,000,000 O 0 O Ct O N W 01 M S10,000,000 w $8,000,000 0 0 C 0 0 o � $6,000,000 o vi i. o en o 0 0 0 0 0 0 C $4,000,000 o rn m rvNi ai a 0 a v a 00 $2,000,0$0 ■ ■ ■ . Q1 Q2 Q3 04 1otal Q1 Q2 Q3 Q4 Total Q1 Q2 Q3 Q4 Tota Q1 Q2 Q3 Q4 Total Q1 Q2 Q3 Total Quarter M Q1 M Q2 Q3 Q4 M Total Ladder Diversification As of December 2023 2024 2025 2026 2027 2028 Security Type $13,039,000 r Government Agency b Medium Term Notes M Municipal Bonds $10,000,000 $10,000,000 $10,000,000 30.000,000 $10,000,000 $10,000,000 Negotiable Certificates of Deposit $9,000,000 $8,896,000 U.S. Treasuries a $7,856,000 �(( a $5,635,000 1 $5,846,000 $5,500,000 SS 000 000 $5,000,000 53,500,000 54.000.000 1 51500,000 $1,500,000 $3,000,000 0 Sul� $soo,000 ` 10.45% 10% a 8.01% 8.01% 8.01% 8.01% 8.01% m 8% 7.21% 7.13% 6.30% a 6% F 4.52% 4.01% 4.69% 4.41% . L 4% 3zi% 2.83% 2.40% 2 % 0 1.20% 1.20% 50% 46.50% 43.7596 40.59% 40.25% 40.99% > 40% 35.66% 36.22% 36.46% 34.38% 30% i I n 22.67% 23.53% 22.54% 0 20% 16.24% 17.83% t 14.21% 13.12% 0 � 10% 6� 6- 2.19% ` Governme Medium Municipal Negotiable US Governme Medium Municipal Negotiable U.S Medium Negotiable U.S. Medium Negotiable us Medium Negotiable U S. nt Agency Term Bonds Certificat. Treasuries nt Agency Term N., Bonds Certificat. Treasuries IermN Certificat. Treasuries Term Certificat Treasuries Term N. Certificat Treasuries $28,000,000 $ 26, 000, 000 $24,000,000 $ 22, 000, 000 $20,000,000 $18, 000, 000 $16,000,000 m m m $14,000,000 $12, 000, 000 $10, 000, 000 $8,569,203 $8,000,000 $6,000,000 $4, 000, 000 $2,145,404 $2,000,000 $0 Cash Cash Sweep Investments by Maturity Date As of December 2023 $24,770 LAIF $7,234,812 $3,075,932 $16,702,025 $6,148,358 $22,151,082 $27,280,918 $24,480,454 $23,605,089 $994,320 $244,909 = = = = = CAMP - JPAP Cal I RUSI < 30 Days 31 to 90 Days 91 to 180 Days 181 to 365 Days 1 to 2 Years 2 to 3 Years 3 to 4 Years 4 to 5 Years Portfolio As of December 2023 Security Type Issuer CUSIP Month, Day, Year of Maturity Date Days to Maturity Coupon Par Value Market Value Book Value UnrealizedP/L Cash Bank Cash Null 1 0.450% $2,145,404 $2,145,404 $2,145,404 $0 Cash Sweep Bank Cash Sweep Null 1 5.300,6 $8,569,203 $8,569,203 $8,569,203 $0 LAIF LAIF LAIF Null 1 3.9696 $24,770 $24,770 $24,770 $0 CAMP -JPAP CAMP -JPAP CAMP-JPAP Null 1 S.SS% $3,075,932 $3,075,932 $3,075,932 $0 CalTRUST CaITRUST Cal 1'RUSI Null 1 3.86% $7,234,812 $7,234,812 $7,234,812 $0 Medium Term Notes AMAZON COM INC 023135CP9 December 1, 2027 1,433 4.480/6 $1,000,000 $1,015,300 $997,630 $17,670 AIMERICAN HONDA FIN CO 02665VVLD9 January 12, 2028 1,475 4.660,6 $1,000,000 $1,008,420 $997,794 $10,626 APPLE INC 037833LC0 February 8, 2028 1,502 1.35% $500,000 $444,845 $427,219 $17,626 AS I RAZENECA I-INANCF I- 04636INAA1 May 28, 2026 881 1.30% $500,000 $462,665 $501,040 ($38,375) BANK NOVA SCOTI,A B C 06413BA18 March 11, 2027 1,168 3.12% $1,000,000 $945,320 $926,343 $18,977 BANK OF AMERICA CORP 06051GFX2 April 19,2026 842 3.60% $500,000 $486,535 $554,155 ($67,620) CANADIAN IMP BK COMM 13607HR61 April 7, 2027 1,195 3.59% $1,000,000 $960,090 $948,186 $11,904 CIGNA CORP 12SS23AGS November 15, 2025 687 4.18% $500,000 $493,670 $564,210 ($70,540) Cl I (GROUP INC 1 0967KNO May 1, 2026 854 3.52% $500,000 $482,470 $550,715 ($68,245) COCA COLA CO THE 191.21 GC1-2 Sepleinber 6, 2024 252 L79% $500,000 $488,740 $493,865 ($S,12S) COMCASI CORP 20030NBWO January 15, 2027 1,113 2.50% $1,000,000 $938,740 $917,335 $21,405 DEERE JOIIN CAPI'I AL 24422EWR6 January 20, 2028 1,483 4.67% $1,000,000 $1,016,550 $1,004,330 $12,220 DEUTSCHE BI<AG IN Y 25160PAM9 September 9, 2027 1,350 5.300,6 $1,000,000 $1,014,070 $1,005,611 $8,459 FS FEE I AUDER CO INC 297361RAINO December 1, 2024 338 2.06% $500,000 $485,745 $501,600 ($15,855) GOLDMAN SACHS GROUP I 38141GXJ8 April 1, 2025 459 3.58% $500,000 $488,630 $545,605 ($56,975) HSBC HOLDINGS PLC 40428OBB4 Vlay 25, 2026 878 4.01% $1,000,000 $973,440 $960,400 $13,040 BMCORP 4,9200ASO January 15, 2028 1,478 6.07% $1,000,000 $1,071,320 $1,076,510 ($5,190) INTEL CORP 458140CD0 Eebruary 10, 2026 774 4.8446 $1,000,000 $1,007,420 $998,520 $8,900 INILRCONIINLNTALLXCH 458661AD6 December1,202S 703 3.81% $500,000 $491,510 $SS7,000 ($65,490) MEAD JOHNSON NUTRITIO 582839AI-19 November IS, 202S 687 4.18% $500,000 $493,115 $565,170 ($72,055) MITSUBISHI UFJ FIN GR 606822AJ3 September 13, 2026 989 2.92% $1,000,000 $944,100 $924,800 $19,300 MORGAN STANLEY 61746BDZ6 ,January 21, 2026 760 3.96% $500,000 $489,705 $561,240 ($71,535) ROYAL 31KCDA 78016EZD2 May 4,2027 1,222 3.75% $1,000,000 $966,410 $951,709 $14,701 S'1 RY1<ER CORP 863667AI.14 November 1, 2025 673 3.4796 $500,000 $486,670 $548,175 ($61,505) SUMITOMO MITSUI FINL 86562MAY6 January 17, 2028 1,480 3.72% $1,000,000 $952,430 $934,451 $17,979 FOROINTO DOMINION BANK 8911SA2.M3 January 10, 2028 1,473 5.0846 $1,000,000 $1,015,080 $1,005,769 $9,311 I OSCO CORP 89'L490AR6 January 1, 2027 1,099 7.25% $1,000,000 $1,076,250 $1,107,960 ($31,710) TOYO FA MTR CR CORP FIR 892361 KL8 November 10, 2027 1,412 5.2696 $1,000,000 $1,035,560 $1,030,896 $4,664 UNI I ED PARCH SERVICE 911312B12 September 1, 2024 247 2.25% $500,000 $489,495 $504,105 ($14,610) UNITEDHEALTH GROUP IN 91324PDN9 December I5, 2025 717 3.76% $500,000 $491,920 $560,625 ($68,705) WELLS FARGOCOMPANY 94974BGL8 July 22,2027 1,301 4.39% $1,000,000 $978,750 $975,500 $3,250 Municipal Bonds CONNEC I ICUI S I TXBL S 20772KGN3 April I b, 2024 1.08 3.0606 $1,000,000 $994,070 $1,064,850 ($70,780) HOUSTON'I X REF SER B 442331517 March 1, 2024 63 1.96% $1,000,000 $994,320 $1,006,410 ($12,090) NEUV YORK NY 1 XBI rISC 64966CCA6 AugusL 1, 2024 216 2.17% $1,000,000 $982,340 $1,003,750 ($21,410) ONTARIO CA INTERNATIO 683042AJ4 May 1S, 2025 503 2.99% $500,000 $484,625 $538,090 ($53,465) 0REGON ST DEPT ADIVIIINI 68607V 147 April 1, 2024 94 2,83% $500,000 $497,415 $510,125 ($12,710) 1 ULSA CIN I Y 0KLA INDP I 899S931VIG9 June 1, 2024 1s5 2.63% $500,000 $495,105 $501,550 ($6,445) Negotiable Certificates of Deposit 1SISECURIIYBANK0L 3362SCCP2 July 30,2024 214 2.04% $245,000 $240,666 $245,000 ($4,334) A13ACUSEEDFRALSAVING 0025/fBl'2 August2,2024 217 2.04% $245,000 $240,590 $245,000 ($4,410) Portfolio As of December 2023 Security Type Issuer CUSIP Month, Day, Year of Maturity Date Days to Maturity Coupon Par Value Market Value Book Value Unrealized P/L Negotiable Certificates of Deposit ACHIEVE FINL CR UN BE 00453NAA9 I ebruary 1/, 2026 781 4.6690 $249,000 $248,216 $249,000 ($784) ADVIA CR UN KALAMAZOO 00/82JAC6 September 27, 2028 1,734 4.91% $248,000 $252,732 $248,000 $4,732 AFFINLFY BK COVING'I ON 00833JAL5 September 15, 2026 991 4.59% $249,000 $246,966 $249,000 ($2,034) ALASKA USA FED CR UN 0118S2AFO March 8, 2028 1,531 4.61% $249,000 $248,395 $249,000 ($605) ALL IN FED CR UN DALE 01664MAE6 I ebruary 17, 2028 1,511 4.61% $249,000 $248,298 $249,000 ($702) ALLIANT CR UN CI IICAGO 018821VIAD4 December 30, 202S 732 5.07% $200,000 $201,210 $199,900 $1,310 ALLY BK SANDY U I AD 0200/GIVI42 Vlarch 23, 202.6 815 5.030/o $243,000 $244,140 $243,000 $1,140 ALMA BK ASI'ORIA NEW Y 02008081 0 September 11, 2024 257 1.79% $245,000 $239,345 $245,000 ($5,655) AMERICAN EXP NA I L BAN 02S89ACP5 May 12, 2025 500 3.15% $246,000 $239,803 $237,002 $2,801 AMERICAN FIRST CR UN 02616ACAS April 27, 2027 1,215 4.46% $249,000 $245,651 $249,000 ($3,349) AMERICAN Si BK SIOUX 029728BA9 April 26, 2024 119 2.5296 $245,000 $242,851 $245,000 ($2,149) AUSI IN I ELCO FED CR U 0;2392018 December 16, 2026 1,083 4.94% $248,000 $248,347 $248,000 $347 B1BAN1( BATON ROUGE LA 098079AN18 May 12, 2025 500 4.77% $249,000 $248,101 $249,000 ($899) BANK FIVE NINE OCONOIVI 06211980 March 20, 2028 1,543 4.65% $249,000 $248,930 $249,000 ($70) BANK NEW YORK MELLON 06405VFG9 March 21, 2025 448 5.01% $243,000 $242,72S $243,000 ($275) BANK01: NEW ENGLAND 06426KHF7 May23, 2024 146 2.68% $245,000 $242,570 $245,000 ($2,430) BANK OFPFRRYCNIY10 OG4LSK(.14 May 31,2(l28 1,615 4.1890 $249,000 $253,420 $249,000 $4,420 BANK PON] AC ILL 0644SSA/I April 28, 2027 1,216 4.33% $244,000 $239,562 $244,000 ($4,438) BANK SIERRA PORI LRVIL 064860MCO March Ib,2021 1,172 4.64% $244,000 $242,072 $244,000 ($1,928) BANK UTAII OGDEN UTAH 065427ACC May 10, 2028 1,594 4.3190 $249,000 $245,272 $249,000 ($3,728) BANKERS BI( MADISON WI 06610RBZ1 Naverriber 24, 2027 1,426 4.32% $249,000 $244,819 $249,000 ($4,181) BAXTER CR UN VERNON IT 0/181JBB9 AuqusL 22, 2028 1,698 4.83% $248,000 $251,400 $248,000 $3,400 BEL LCO FEDFRAL Cl2 UN 07833LAN7 February 24, 2026 788 4.70% $248,000 $248,216 $248,000 $216 BLUE RIDGE BK MARTINS 09S82YAG7 March 16, 2026 808 4.98% $230,000 $230,842 $230,000 $842 BMO HARRIS BK NAI L AS 05600XQA1 May 9, 2025 497 4.82% $244,000 $243,231 $244,000 ($769) BMW BK NORTH AMER SAL 0SS80AW83 March 17, 2028 1,S40 4.73% $244,000 $244,793 $244,000 $793 BREN] WOOD BK BE I HLL P 10/219BK2 March 1/, 2026 809 4.7690 $235,000 $234,683 $235,000 ($317) BRIDGEWATERBKBLOOMI 1,086221NK3 March 29,2028 1,552 4.77% $249,000 $250,449 $249,000 $1,449 CALIFORNIA CR UN GLEN 130162AU4 February 23, 2026 787 4.5390 $244,000 $242,377 $244,000 ($1,623) CAPITAL ONE NATL ASSN 14042RURC September 30, 2027 1,371 4.37% $200,000 $196,888 $199,800 ($2,912) CAI Fl. EMENS BK AL FUS 0 14947INA.A4 March 16, 2026 1,616 9.4790 $498,000 $499,818 $498,000 $1,818 CELI IC 3K SALT LAKE C 151181ZL /8 March 17, 2027 1,174 4.72% $249,000 $247,810 $249,000 ($1,190) CI NI RAL BI( STORM LAI(E 1S258RI3G1 May E, 2025 493 4.6790 $249,000 $247,765 $249,000 ($1,235) CENT RIS FEDERAL CREDI 15643VAR8 May 27, 2025 515 5.00% $248,000 $247,975 $248,000 ($25) CFBANI(FAIRLAWN01-110 15721UL:P9 September 15,7026 991 4.76% $248,000 $247,231 $248,000 ($769) CHARLES SCHWAB 8K SSB IS987UHAS March 28, 2025 455 5.05% $243,000 $242,922 $243,000 ($78) CHARI WAY FED CR ON VA 16141HAC`) June 9, 2026 893 4.89% $248,000 $248,337 $248,000 $337 CIICROKEL SF BK IOWA 164499DL2 March 6, 2026 798 4.57% $242,000 $240,686 $239,922 $764 CJBC BK USA CHICAGO I 12S47CAU2 March 24, 2026 816 4.9890 $243,000 $243,885 $243,000 $885 CITADEL FED CR UN EXT 17286TAGO February 27, 2025 426 1.72% $245,000 $23S,494 $245,000 ($9,506) CITIZENS BK INC ROBER 173851AE6 March 16. 2026 808 4.85% $248,000 $250,43.6 $248,000 $2,416 CII IZF NS Sl' BI( LACROS 1 /6688DA4 March 24, 2028 1,547 4.69% $249,000 $249,428 $249,000 $428 Cl I Y NA I L BI( LOS ANGr 118180GY5 March 31, 2028 1,S54 4.82% $243,000 $251,938 $243,000 $8,938 COAS FL.IFF CR UN CORPU 190581.A80 February 13, 2026 777 4.66% $249,000 $248,226 $249,000 ($774) Portfolio As of December 2023 Security Type Issuer CUSIP Month, Day, Year of Maturity Date Days to Maturity Coupon Par Value Market Value Book Value UnrealizedP/L Negotiable Certificates of Deposit COMMERCE BI<GENFVA MI 20056QRL8 June 2G, 2024 180 2.330/6 $245,000 $241,702 $245,000 ($3,298) COMMUNHYFIRSI BKIN 203G8IDH0 May 5,202S 493 4.72% $249,000 $247,924 $249,000 ($1,076) COMMUNI fY IiFRFfAGE FI 59/ 338A.T1 May 10, 2021 1,228 4.46% $249,000 $245,673 $249,000 ($3,327) CONNFCTONF BK ENGt FWO 20786ADG7 March 23, 2026 81S 0.77% $240,000 $219,091 $213,854 $5,237 CONNEXUS CREDIT UNION 20825WBC3 August26,202S 606 3.S8% $249,000 $243,455 $238,934 $4,S21 CORNERSTONE BK FARGO 219232CQ6 May 12, 2025 Soo 4.670,6 $249,000 $247,772 $249,000 ($1,228) COUNTY SCHS I'ED CR UN 222S8JAF8 March 1/, 2026 809 4.80% $248,000 $247,926 $248,000 ($74) CROSS RIV BIC 1 FANFC< 22/563CI 14 May 19, 2026 872 4.67% $244,000 $242,953 $244,000 ($1,047) CUSI OMERS BIK IIHOENIXV 23204IINV6 March 31, 2026 823 4.98% $243,000 $243,846 $243,000 $846 CY FAIR FCU HOUSTOIN F 23248UAA5 May 19, 2027 1,237 4.42% $249,000 $245,300 $249,000 ($3,700) DEPARTMENT OF COMM FE 24951TAW5 Novernber 30, 2027 1,432 4.95% $248,000 $250,527 $246,669 $3,858 DISCOVER BK GREENWOOD 2:.46/32L2 March 6, 2028 1,529 4.49% $244,000 $242,028 $241,897 $131 DORT FINL CR UN GRAND 2S8441VIAQ1 February'10, 2028 1,504 4.32% $247,000 $243,068 $247,000 ($3,932) L=AGLFBAINK BE FHGSDA MD 27002YF04 February 24, 2026 788 4.30% $244,000 $241,143 $238,205 $2,938 EMPOWER CU SYRACUSE N 291916ARO September 29, 2028 1,736 2.4596 $248,000 $2S3,806 $248,000 $5,806 FIN FLRPRISEBANK PA 2.936/RK12 May16,2024 139 2.63% $245,000 $242,609 $24S,000 ($2,391) ES SIN f IAL FED CR ON B 29669XA 1 5 September 20, 2028 1,727 4.91% $248,000 $252,672 $248,000 $4,672 FEDERAL SVGSBI<CIIICA 313812EC'9 February 24, 2026 788 4.25% $249,000 $245,907 $244,829 $1,078 FIDELITY BI< NEW ORLEA 31617CAY9 March 16, 2026 808 4.8596 $249,000 $249,129 $249,000 $129 FIRST FED CR ON CEDAR 32024 JAMS February 17, 2028 1,511 4.45% $249,000 $246,430 $249,000 ($2,570) FIRST FMRS BK TR CONV 320165JKO Septernber 4, 2024 250 1.79% $245,000 $239,50S $245,000 ($5,495) FIRS I NAI'IONAL BANK O 321 L2UDN10 January 2, 2024 4 1.75% $245,000 $244,909 $245,000 ($91) FIRST NAT L 13K DAMARIS 32117BFR4 September 23, 2026 1,998 9.97% $496,000 $497,592 $496,000 $1,592 FIRST INAI I BI<OF MICH 32114VCH8 March IS, 2028 1,538 4.61% $249,000 $248,427 $249,000 ($573) FIRSTST BIC NEW LONDO 336793CD4 March 12, 2027 1,169 4.68% $244,000 $242,451 $244,000 ($1,549) FIRST TECHNOLOGY FED 33/'LSLFN6 February 18, 2025 417 4.86% $248,000 $247,318 $248,000 ($682) FIRST U I D BIC 1 R CO 33/42CCS4 February 8, 2027 1,137 4.10% $200,000 $194,924 $19S,0S0 ($126) FIRST WESTN BKTRMIN 33749VBP2 May 12, 2025 S00 4.77% $249,000 $248,101 $249,000 ($899) 1 1 AGSTAR III<NATL ASSIN 33847GAB8 March 2, 2026 794 4.4S°6 $244,000 $244,161 $241,365 $2,796 FNCB BK DUNMORE PA 30257YBS0 May 7, 2027 1,225 4.37% $244,000 $239,996 $244,000 ($4,004) FREEDOM FIRST CR ON R 3S638CAH2 April 28, 2025 486 4.77% $248,000 $247,117 $248,000 ($883) REFDOM NOR I IIVVES I CR 356436AK1 June 1, 2026 885 4.85% $248,000 $248,097 $248,000 $97 FRLESTAR FINI.CR UN C 3S6881VIAL6 February 22, 2028 1,516 4.3696 $249,000 $245,492 $249,000 ($3,508) GENOA BKG CO OHIO 3/2348CJ9 July 31. 2024 215 1.99% $245,000 $240,563 $245,000 ($4,437) GEORGIA BKG CO 37312PDD8 March 27, 2026 819 4.941i6 $243,000 $243,627 $243,000 $627 GOLD COAST BK CHICAGO 380S8KFW2 September 22, 2027 1,363 4.71% $249,000 $248,519 $249,000 ($481) GRAND RIV BK GRANDVIL 38644ABP3 August 2, 2024 217 2.04% $245,000 $240,590 $245,000 ($4,410) GRFA L NORH 13K :LOREN 39103QA[9 March 16, 2026 808 4.85% $244,000 $244,163 $244,000 $163 GRL-FNS FA I E CR UN NORT 3957:3LOWS October 28, 202S 669 4.760,6 $248,000 $247,S91 $248,000 ($409) GREENWOOD MUN I ED CR 39729LAI"8 June 1, 2027 1,250 4.46% $249,000 $251,331 $249,000 $2,331 GUARDIAN CREDITUNION 4013SGAA6 September 2.9, 2028 1,736 4.984b $248,000 $253,838 $248,000 $5,838 HONOLULU FIRE DL-Pl FE 438649AF5 August 17, 2026 962 4.45% $249,000 $246,169 $249,000 ($2,831) HUN FIiNGTON NAIL BK CO 446438SB0 May 5, 202.5 493 4.82% $244,000 $243,224 $244,000 ($776) JOHN MARSHM L BK REST 4780461<NI4 September 2, 2026 978 4.50% $249,000 $246,393 $248,S02 ($2,109) Portfolio As of December 2023 Security Type Issuer CUSIP Month, Day, Year of Maturity Date Days to Maturity Coupon Par Value Market Value Book Value Unrealized P/L Negotiable Certificates of Deposit KEY BK NAl L ASSN OHI0 49306SJ56 March 1 7, 2025 444 5.01% $243,000 $242,750 $243,000 ($250) LEADERS CR UN JACKSON S21/11MAG0 March 30, 2028 1,553 4.930/6 $248,000 $251,353 $248,000 $3,353 LIBERTY FLD CR UN EVA 53052ILAW June 9, 2025 528 5.09% $248,000 $248,365 $248,000 $365 I- IBERIYF-IRSTCRUNI. - 530S20AL5 February 3, 2028 1,497 4.30% $249,000 $245,940 $249,000 ($3,060) LIVE OAK BANKING COMP 538036GU2 November2/, 202.4 334 1,9190 $245,000 $237,819 $245,000 ($7,181) LUANA SVGS BK IOWA 549104C70 March 17, 2026 809 4.44% $244,000 $241,850 $244,000 ($2,150) LYONS NATL BK N Y 552249(.HS March 16, 2(J26 808 4.8S% $244,000 $244,163 $244,000 $163 MAINE SVGS FCU HAMPDF 56050/AR6 August 25, 2028 1,701 4.790i6 $248,000 $250,904 $248,000 $2,904 MAINSIRELF BANK 56065GAG3 April 26, 2024 238 5.244o $490,000 $485,860 $490,000 ($4,141) MANUFACTURERS TRADERS 564759SE9 March 17, 2027 1,174 4.85% $244,000 $243,873 $244,000 ($127) MEDALI. ION BK U'I AH S840410SIVI4 June 16, 2028 1,631 4.44% $249,000 $246,903 $249,000 ($2,097) MID AMERN CR ON WICHI 59522N/\D6 May 23, 2025 511 5.00% $248,000 $247,983 $248,000 ($17) MID MOBKSPRINGFIFLD 59542KBV8 July 17,2024 201 1.93% $245,000 $240,774 $245,000 ($4,226) MIDVVFS I BK WESI N ILL S98281PCQ1 March 23, 2026 815 4.98% $248,000 $248,905 $248,000 $905 IVIINNWESI BI( REDWOOD F 60425 SI(34 May 3, 2027 1,221 4.33% $249,000 $244,511 $249,000 ($4,489) MORGAN STANLLY BK N A 616901CPF1 November 29, 2024 336 2.01% $245,000 $238,027 $245,000 ($6,973) MORGAN STANLEY PVT BK 6"1 /60AYR11 April I1, 2024 104 2.8290 $245,000 $243,258 $245,000 ($1,742) IVI0UNIAINAMIRFEDCR 62384RA13 April 28,2026 851 4.71% $249,000 $248,300 $249,000 ($700) NEBRASKALAND BI( NORI 1-1 639701MALS September 1/, 2025 628 4.810io $249,000 $248,622 $249,000 ($378) NORTHWEST BK BOISE ID 66736ACE7 March 17 2026 809 4.98% $248,000 $248,967 $248,000 $967 NUMERICA CR UN SPOKAN 670S4NBHS Jun,' 1, 2026 885 4.76% $248,000 $247,529 $248,000 ($471) ONE CMN I Y BK ORE WIS 682325DI IS October 6, 2026 1,012 4.81% $248,000 $247,494 $248,000 ($506) PARKSIDE FINL BK I R C /014 /ALX8 September 1/, 2025 628 4.62% $249,000 $247,802 $249,000 ($1,198) PAR NERS BK MISSION V 70212YBN1 March 17, 2025 444 5.05% $243,000 $242,859 $243,000 ($141) PEOPLES BI( CO COLDWAT 71027SAC2 March 17, 2027 1,174 4.720i6 $249,000 $247,810 $249,000 ($1,190) PEOPLES SVGS BK WELLS /1224LAG9 March 8, 2027 1,165 4.46% $244,000 $240,657 $240,906 ($249) PINNACI_F BI( NASHVILLE 7234SSLIV9 May 8, 2026 861 4.62% $244,000 $242,712 $244,000 ($1,288) PLAINS ST BI( FIX 72654713I(7 June 21, 2024 175 2.33% $245,000 $241,781 $245,000 ($3,219) POINT WESI CREDIT UNI 730716AF4 April13, 2026 83G 4.98% $243,000 $243,902 $243,000 $902 POPPY BK SANTA ROSA C 73319F'AF6 March 18, 2025 445 1.15% $245,000 $233,497 $245,000 ($11,503) POPULAR BK NEW YORK B V331/AB18 March 19, 2026 811 4.7690 $247,000 $246,664 $247,000 ($336) POR I AGE BK 31,H PVUE W /3S6SMAC9 March 24, 2027 1,181 4.77% $249,000 $248,203 $249,000 ($797) PREFERRED BANK LA CAL Z4036/1 WS August 16, 2024 231 2.049'0 $245,000 $240,296 $245,000 ($4,704) RAIZ FCU EI PASO I EX /5102PAG3 August 1B, 2025 598 4.72% $249,000 $248,158 $249,000 ($842) RAYMOND JAMES BANK NA 75472RAUS December 30, 2024 367 1.91% $245,000 $237,162 $245,000 ($7,838) ROGUE CR ON MEDFORD 0 77 535MAMS January 20, 2028 1,483 5.10% $248,000 $248,030 $248,000 $30 SAN FRANCISCO FED CR /9//2FAG1 I ebruary 3, 2028 1,497 4.40% $216,000 $213,326 $216,000 ($2,674) SANDY SPRING BK OLNEY 800364LX5 March 16, 2026 1,616 9.78% $488,000 $488,834 $488,000 $834 SAVANNAH BK NATL ASSN 804767AB7 May 3, 2028 1,587 4.190/6 $249,000 $243,783 $249,000 ($5,217) SAWYER SVGS BK SAUGER 80SS08BY3 March 10, 2026 802 4.57% $245,000 $243,662 $243,177 $485 SECURITY ST BK WARROA 81501JAF2 May 31, 2028 1,615 4.23% $249,000 $253,415 $249,000 $4,415 SIGNA1URF FFD CR ON A £32671DAC1 June 8, 2026 892 4.80% $248,000 $247,797 $248,000 ($203) SOUTHERN SK POPIAR BI 843383CS/ Mluy 1/, 2028 1,601 4.2790 $249,000 $244,802 $249,000 ($4,198) SOUTHERN FIRST BK N A 8428/11111,J9 November27, 2026 1,064 4.64% $249,000 $247,035 $249,000 ($1,965) PortfoI io As of December 2023 Security Type Issuer CUSIP Month, Day, Year of Maturity Date Days to Maturity Coupon Par Value Market Value Book Value Unrealized P/L Negotiable Certificates of Deposit SOU] FERN MICH BK 1 R 84335'_;BP2 November 8, 2021 1,410 4.1996 $249,000 $243,470 $249,000 ($5,530) S I VINCEN I S VIED C-1 R C B:J2/9AA( 6 June 16, 2027 1,265 4.63% $249,000 $247,329 $249,000 ($1,671) S) ATE BK INDIA NEW YO 8 S628SX89 f-ebruary 28, 2028 1,522 4.53% $244,000 $242,348 $244,000 ($1,652) SYNCHRONY BK RF1A11- C 87164X/W9 August 20, 2026 96S 0.99% $248,000 $224,440 $219,540 $4,900 TECI-INOL OGY CR ON SAN 87868YA J? February 24, 2025 423 5.01% $248,000 $247,660 $248,000 ($340) THOMASVILLE NATL BK G 884693BY7 March 24, 2025 902 10.10% $496,000 $495,8S6 $496,000 ($144) 1 RANSPOR FATION ALI_IAN 89388CGJ1 March 1 /, 20?S 444 5.00% $248,000 $247,762 $248,000 ($238) FRISTATE CAP BK PITTS 8967/DJE/ March 30, 2026 822 4.98% $243,000 $243,909 $243,000 $909 TRULIAN'l FED CR UN W I 89789AAD9 I ebruary 26, 2011 1,155 4.559u $249,000 $246,356 $249,000 ($2,644) TUCSON FED CR ON AIRIZ 898812AC6 September 8, 2028 1,715 4.91% $248,000 $252,573 $248,000 $4,573 UBS BK USA SALT LAKE 903SSGD10 June 1, 2028 1,616 4.36% $249,000 $253,860 $249,000 $4,860 LIFIRSI FED CR ON PLA] 902684AA/ August 22, 2025 602 4.72% $249,000 $248,138 $249,000 ($862) UNI FED I ID BI< FSB EVA 910?86GAS March 30, 2027 1,187 4.89% $248,000 $248,379 $248,000 $379 LINITFD HERI]AGE CR ON 9 L334AAL7 March 21, 2025 448 5.15% $248,000 $248,238 $248,000 $238 UNHED ROOSEVELT SVGS 91139LAF3 May19, 2027 1,237 4.46% $249,000 $24S,688 $249,000 ($3,312) UNIVERSH Y BKANN ARB 914098D08 April3, 2028 1,557 4.81% $248,000 $249,917 $248,000 $1,917 UNIVEST NAIL BK1'RSO 915?7PBW6 May S,?0'?b 1,S89 4.19°io $249,000 $243,786 $249,000 ($5,214) UPPERPFNNISUASFA'IE 91630PASO December 27,2024 364 1.81% $245,000 $236,910 $245,000 ($8,090) USALLIANCF FCU RYE NE 90352RDB8 May 26, ?028 1,610 4.56% $249,000 $248,300 $249,000 ($700) UTAH CMNTY CR ON PROV 917352AC0 April 27, 2026 850 4.62% $249,000 $247,785 $249,000 ($1,215) Ul AH FIRST FED CREDI F 91739JAA3 July 14, ?028 1,659 4.6145 $248,000 $25S,571 $248,000 $7,571 VALLFYSTAR CR UN MAR I 92023CAEA March 20, 2028 1,543 4.73% $248,000 $248,880 $248,000 $880 VIBRANT CREDIT UNION 925191 AN8 September 28, 2026 1,004 5.330/6 $248,000 $251,336 $248,000 $3,336 VIKIIVG BK NATL ASSN A 9?.675MAA0 March 13, 2026 1,610 9.33% $498,000 $496,197 $498,000 ($1,803) VISIONS FED CR ON END 92838DA16 September 29, 20?6 1,005 S.4146 $248,000 $252,010 $248,000 $4,010 WASHING] ON FEDERAL 938828HJ8 August23,2024 238 2.09% $24S,000 $240,225 $245,000 ($4,775) WELLS FARGO BANK NA 949/G31396 May 24, 2024 147 2.68% $24S,000 $242,S57 $245,000 ($2,443) WESTERN ALLIANCE BK P 95763PLW9 April 28, 2025 486 4.82% $244,000 $243,239 $244,000 ($761) Government Agency FEDERAL HOME LOAN BKS 3130A'-XJ? June 14, 20?4 168 2.919b $2,000,000 $1,978,580 $2,089,405 ($110,825) 3130ASA82 June 20, 2025 539 4.27% $500,000 $497,710 $497,010 $700 3130ASE96 June 2/, 2021 546 3.26% $1,000,000 $982,020 $990,123 ($8,103) 3130ASH /7 June 28, 2024 182 3.60% $1,000,000 $992,570 $1,000,000 ($7,430) 1 ENNESSEE VALLEY AUTI I 880S91LR9 September 11, 2024 261 2.92% $500,000 $492,525 $526,520 ($33,995) U.S. Treasuries U S 1 REASURY NOTE 9128?CCJ8 June 30, 2026 914 0.95% $10,000,000 $9,247,300 $8,978,125 $269,175 91282CLXS Junc 30, 2024 184 3.03% $10,000,000 $9,895,300 $9,840,625 $54,675 91?82CHKO June 30,2028 1,645 3.98% $10,000,000 $10,047,300 $9,938,281 $109,019 912828/V" June 30, 202/ 1,279 0.56% $10,000,000 $8,882,800 $8,611,719 $271,081 912828ZW3 June 30, 2025 S49 0.27% $10,000,000 $9,392,600 $9,057,031 $335,569 CITY OF EL,SEGUNDO Transactions Category Q1 $3, 000, 000 INTEREST $2,000,000 Interest Received As of December 2023 Transaction Date 2023 Q2 Q3 Category INTEREST Q4 Grand Total ■ MATURED $3,521,308 PURCHASED $1, 000, 000 $420,481 $588,989 $158,955 $209,58S $228,058 $311,002 $3S4,992 $169,899 $301,93S $268,970 $274,442 $234,002 $0 0 $20,522,032 $20,000,000 $14,951,032 $15, 000, 000 MATURED $10, 000, 000 $5,000,000 g74 $245,000 $1,390,000 $245,000 $72� S1'235.000 $745,000 - $0 $245,000 $0 ($248,000) _ ($2,669,800) ($248,000) ($496,000) ($1,982,669) ($7,142,900) ($11,678,281) ($20,000,000) ($14,848,183) ($21.375,964) PURCHASED ($40,000,000) ($60, 000, 000) January February March April May June July August September October November December Total CITY OF ELSEGUNDQ Compliance Asset Class Compliance As of December 2023 Security Type In Compliance? Max Weight Weight Par Value Book Value Cash Y 100% 1.50% $2,145,404 $2,145,404 LAIF Y 100% 0.02% $24,770 $24,770 CAMP-JPAP Y 1001Yo 2.16% $3,075,932 $3 075,932 Medium Term Notes Y 30% 16.61% $24,000,000 $24,198,469 Municipal Bonds Y 1.001YO 3.12% $4,500,000 $4,624,775 Negotiable Certificates of Deposit Y 30% 28.78% $41,274,000 $41,171,552 CalTRUST Y 100% 5.07% $7,234,812 $7,234,812 Cash Sweep Y 100% 6.01% $8,569,203 $8,569,203 Government Agency Y 1001Yo 3.47% $5,000,000 $S,103,058 U.S. Treasuries Y 1001/)0 33.27% $50,000,000 $46,425,781 Totals 100.00% $145,824,121 $142,573,755 Market Value $ 2,145,404 $24,770 $3,075,932 $23,694,965 $4,447,875 $41,055,611 $7,234,812 $8,S69,203 $4,943,405 $47,465,300 $142,657,277 Rating Compliance As of December 2023 Security Type Issuer CUSIP S&P Rating Moody Rating In Compliance? Market Value Weight Maximum %of Portfolio CalTRUST CaITRUST Cal FRUS I Null Null $7,234,812 5:07% 1.00% Cash Sweep Bank Cash Sweep Null Null Y $8,569,203 6.01% 1.00% Government Agency FEDERAL HOME LOAN BKS 3130A1XJ2 AA+ AAA Y $1,978,580 1.39% 100.00% 3130ASA82 AA+ AAA y $497,710 0.35% 100.00% 3130ASE96 AA � AAA v $982,020 0.69% 100.00% 3130ASH77 AA{ AAA $992,570 0.70% 100.00% TENNESSEE VALLEY AUTH 880b91LR9 AA+ AAA $492,525 0.35% 100.00% Medium Term Notes AMAZON COM INC 023135CP9 AA A7 Y $1,015,300 0.71% 1.00% AMERICAN HONDA FIN CO 0266SWLD9 A A3 y $1,008,420 0.71% 1.00% APPLE INC 0378331C0 AA+ AAA Y $444,845 0.31% 1.00% ASIRAZENECAFINANCE IF 04636NAA1 A A2 y $462,665 0.3296 1.00% BANK NOVA SCOTIA B C 06418BAE8 A- A2 V $945,320 0.66% 1.00% BANK OI AMERICA CORP 06051GFX2 A- Al y $486,S3S 0.34% 1.00% CANADIAN IMP BK COMM 13607HR61 A A2 V $960,090 0.67% 1.00% CIGNA CORP 125523AGS A- N/A y $493,670 0.35% 1.00% CITIGROUP INC 172967KN0 BBB, A3 y $482,470 0.34% 1.00% COCA COLA CO 1 HE 1912160L2 Ai A7 y $488,740 0.3496 1.00% COMCASTCORP 20030N13W0 A- A3 y $938,740 0.6696 1.00% DEEREJOHNCAPIIAL 244221=WR6 A A2 y $1,016,550 0.7196 1.00% DEUTSCHE BK AG N Y 25160PAM9 A Al Y $1,014,070 0.71% 1.00% EST EELAUDERCOINC 2973611AN0 A Al y $485,745 0.34% 1.00% GOT DMAN SACHS GROUP I 38141GXJ8 BBBs A2 V $488,630 0.34% 1.00% HSBC HOLDINGS PLC 404280BB4 A- A3 Y $973,440 0.68% 1.00% IBM CORP 459200ASO A- A3 Y $1,071,320 0.75% 1.00% INTELCORP 458140000 A A2 y $1,007,420 0.7196 1.00% INl ERCONI IINEWAL EXCH 45866FAD6 A- A3 y $491,510 0.34% 1.00% MEAD JOHNSON NUT RITIO 582839AH9 A- A3 y $493,115 0.35% 1.00% MI ISUBISHI UEJ FIN GR 606822AJ3 A- Al y $944,100 0.66% 1.00% IM0RGAN STANLEY 61746BDZ6 A- Al Y $489,705 0.34% 1.00% ROYAL BK CDA 78016EZD2 A Al Y $966,410 0.68% 1.00% STRYKER CORP 863667AH4 BBB{ BAA1 y $486,670 0.34% 1.00% SUMITOMO MI ISUI FIINL 86S62MAY6 A- Al y $952,430 0.67% 1.00% TORON-10 DOMINION BANK 89115A2NI3 A Al y $1,015,080 0.7196 1.00% TOSCOCORI) 891490ARS A A2 y $1,076,250 0.75% 1.00% TOYO I A M I R CR CORP PR 892361 KL8 A-, Al Y $1,035,560 0.73% 1.00% UNITED PARCEL SERVICE 911312BT2 A A2 y $489,495 0.34% 1.00% UNIFEDHEALTH GROUP IN 91324PDN9 A+ A2 y $491,920 0.34% 1.00% WELLS FARGO COMPANY 94974BGL8 BBB A3 y $978,750 0.69% 1.00% Municipal Bonds CONNECIICUI-SI TXBLS 20/72KGN3 AA AA3 V $994,070 0.70% 1.00% HOUSTON TX REF SER B 4423315T7 AA AA3 y $994,320 0.70% 1.00% NEW YORK NYTXBL HSC 64966QCAG AA AA2 y $982,340 0.69% 1.00% ON IARID CA TNT ERNATIO 683042AJ4 AA N/A y $484,625 0.34% 1.00% OREGON SL DEPI ADMINI 68607V147 AAA AA2 y $497,415 0.35% 1.00% TULSA CN FY OKI A INDPT 899593MG9 N/A AA2 y $495,105 0.35% 1.00% U.S. Treasuries U S TREASURY NOTE 91282CC18 N/A AAA V $9,247,300 6.48% 100.00% 91282CEX5 N/A AAA y $9,895,300 6.94% 100.00% 91282CIIK0 N/A AAA y $10,047,300 7.04% 100.00% 912828ZVS Null AAA y $8,882,800 6.23% 100.00% 912828ZW3 N/A AAA Y $9,392,600 6.58% 100,00% CITY OF ELSEGUNDO LAIF 13 12 11 10 9 8 u 7 E 0 0 t 0 o. 6 4 3 2 0 LAI F Apportionment Rates As of December 2023 1979 1984 1989 1994 2004 2009 2014 2019 2024 Date 40 IS 3.0 25 a > 2.0 15 1.0 0.5 00 3S0 300 250 41 200 a M m 150 100 50 0 May 1, 19 Sep 1,19 LAI F Diagnostics As of December 2023 Jan 1, 20 May 1, 20 Sep 1, 20 Jan 1, 21 May 1. 21 Sep 1 21 Date (Daily Rates) Jan 1 23 May 1 23 Sep 1 23 Jan 1. 24 Measure Names Average Maturity Dady L'1 Quarter to Date CITY OF ELSE GUNDO City Cash Flows $21,000,000 S20,000,000 S19,000,000 S18,000,000 $17,000,000 S16,000,000 S15,000,000 $14,601,5 S14,000,000 S13,000,000 S12,000,000 m S11,000,000 $10,9 S10,000,000 $9,000,000 $8,000,000 $7,000,000 $6,000,000 $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,0()0 $0 Rol I ing 13-Month Cash Flow Analysis As of December 2023 $20,103,807 a.,+1 $7,157,055 ?,456,325 December 2022 February 2023 Apn12023 June 2023 August2023 Cc[ober 2023 December 2023 Month of Date Measure Names Credits Debits Net Change in Cash by Year As of December 2023 $12,489,923 $12,000,000 $10,000,000 $8,000,000 $6,000,000 $5,707,7E $4,785,5-1 $4,000,000 $2,000,000 a m $0 ($72' (S2,000,000) ($4,000,000) ($6,000,000) (S8,000,000) ($10,000,000) ($10,7S1,S20) January February March April May June July August September October November December Month Years This Year Last Year Two Years Ago $22,000,000 $20,000.000 $18,000,000 $16,979,291 $16,000.000 $15,585,731 6.3S: $14,000,000 $12,000,000 S11,850,i $10,000,000 S10,021,3 S8,000,000 $6,198.611 S6,000.000 $5,329,544 $5.497 S4,64224 $3,952,71 $4,000.000 $3,304,431 $2,9S2,653 m S2,000,000 $0 ($2,000,000) 52.849212) ($4,000,000) ($3,489,461) ($3,977,017) ($4,483,630) (S4'1 ($6,000,000) ($8,000,000) (510,000,000) (S12,000,000) (514,000,000) (516,000,000) Historic Drawdowns As of December 2023 $17,052,791 $3.6,948,871 1 ($9,659,128) ($9,780,664) $21,769,866 $18,334,437 7.881 517,622,728 $14,081,804 563 597 S1°_182: 88 11 $11,046,019 $9,807,901 !,389,679 h$444.054 f ($742,203) (S1.731.479) ($10,751,520) ($10,737,379) ($15,333,461) 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Date Measure Names Delta Cash Rolling 12-Month Cumulative Drawdown CITY OF EL,SEGUNDO Economic Environment U.S. Treasury Yield Curve As of December 2023 5.55% 5.55% 5.54% 5.53% 5.50% 5.49%•-� 5.53°k 5.52% - 5.39% SAS%S.23% 5.16% 5.27% 5.23°k 5 00% 4.98% 4.92% 4.95% 4.92% 4.76% 4.68% 4.78% 4.81% 4.55% 4 50% 4.55% 4.61% 4.39% 4.26% 4 00% 3.709b•-' 3 50% a 3 00°b m 2 50% 2 00% 1.50% 1 00% 0 50% 0.00% 1 Month 4.00% 4.19% 2 Month 3 Month 6 Month 1 Year 2 Year 4.60% 4.58% .434i 4.31% 4.00% 3.95% 3.800/. 3 Year 5 Year Month December2022 March 2023 June 2023 September 2023 December 2023 6 00% 5 50olo 5 00% 4 50% 4 00% 3 50% a+ 3 00% 2 50% 2 00% 1 50ob 1 00% 0 509'o 0 00% U.S. Treasury Maturity Through TI me As of December 2023 6.02% 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Date Measure Names 1 Month 2 Month 3 Month 6 Month 1Year 2Year 3 Year ® 5 Year 55 50 45 40 35 30 25 20 m a a d 1.5 10 0.5 0.0 -0 5 10-Year Minus 3-Month Treasury Yield Spread As of December 2023 1984 1989 1994 1999 2004 2009 2014 Date 2019 2024 15 009'0 1400% 13 00% 12 00 % 11 00% 10 00 % 9 00% 8.00 % 700% a m 6 00% 5 00% 4 00% 300% 2 00% 1 00% 0 00% -1.00 % -2.00% Unemployment vs Inflation As of December 2023 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Date Measure Names Inflation Pct unemployment Pct 35 30 25 20 15 ° 10 C C 05 01 m 0.0 -0.5 -1.0 -1.S -2.0 -2. S 5-Year Breakeven Inflation Prediction As of December 2023 2003 200S 2007 2009 2011 2013 2015 2017 2019 2021 2023 202S Date CITY OF ELSEGUNDO I certify that this report accurately reflects all pooled investments and it is in conformity with the investment policy as approved by the City Council on 10/1/22. A copy of this policy is available in the office of the City Clerk. The investment program herein shown provides sufficient cash flow liquidity to meet the next six months estimated expenditures. Sources for the valuations are as follows: Federal Agency Issues, Treasury Securities and Miscellaneous Securities: Union Bank, the custodial agent for the City of El Segundo. Detailed information on all purchase and sale transactions follows the Investment Portfolio Details section. Matthew Robinson, City Treasurer Date