HomeMy Public PortalAbout02 February 27, 2017 Budget & implementationComments are welcomed by the Committee. If you wish to provide comments to the Committee, please
complete and submit a Speaker Card to the Clerk of the Board.
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
BUDGET AND IMPLEMENTATION COMMITTEE
MEETING AGENDA
TIME: 9:30 a.m.
DATE: Monday, February 27, 2017
LOCATION: BOARD ROOM
County of Riverside Administrative Center
4080 Lemon Street, First Floor, Riverside
COMMITTEE MEMBERS
Bob Magee, Chair / Natasha Johnson, City of Lake Elsinore
Jan Harnik, Vice Chair / Susan Marie Weber, City of Palm Desert
Nancy Carroll / Lloyd White, City of Beaumont
Jim Hyatt / Jeff Hewitt, City of Calimesa
Dawn Haggerty / Jordan Ehrenkranz, City of Canyon Lake
Greg Pettis / Shelley Kaplan, City of Cathedral City
Steven Hernandez / To Be Appointed, City of Coachella
Scott Matas / Russell Betts, City of Desert Hot Springs
Linda Krupa / To Be Appointed, City of Hemet
Dana Reed / To Be Appointed, City of Indian Wells
Rick Gibbs / Jonathan Ingram, City of Murrieta
Rusty Bailey / Andy Melendrez, City of Riverside
Michael Naggar / To Be Appointed, City of Temecula
John F. Tavaglione, County of Riverside, District II
Chuck Washington, County of Riverside, District III
STAFF
Anne Mayer, Executive Director
Theresia Trevino, Chief Financial Officer
AREAS OF RESPONSIBILITY
Annual Budget Development and Oversight
Competitive Federal and State Grant Programs
Countywide Communications and Outreach Programs
Countywide Strategic Plan
Legislation
Public Communications and Outreach Programs
Short Range Transit Plans
COMM-BI-00039
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Riverside County Transportation Commission
TO: Riverside County Transportation Commission
FROM: Jennifer Harmon, Clerk of the Board
DATE: February 22, 2017
SUBJECT: Possible Conflicts of Interest Issues — Budget and Implementation Committee
Agenda of February 27, 2017
The February 27agenda of the Budget and Implementation Committee includes items which
may raise possible conflicts of interest. A RCTC member may not participate in any discussion
or action concerning a contract or amendment if a campaign contribution of more than $250
is received in the past 12 months or 3 months following the conclusion from any entity or
individual listed.
Agenda Item No. 8 — Aareement for Visual Identity and Website Desian and Maintenance
Services
Consultant(s): Celtis Ventures, LLC
Matt Raymond, Owner
811 N. Catalina Avenue, Suite 3022
Redondo Beach, CA 90277
Alexandra Rackerby
From: Alexandra Rackerby
Sent: Wednesday, February 22, 2017 3:28 PM
To: Alexandra Rackerby
Subject: RCTC Budget and Implementation Committee - !pad compatible users
Attachments: Conflict of Interest Form.pdf; Conflict of Interest Memo.pdf
Good afternoon Commissioners,
The Budget and Implementation Committee agenda for Monday, February 27, 2017 is posted on our Website at
http://www.rctc.org/uploads/media items/budget-and-implementation-committee-februarv-27-2017.original.pdf
Also, attached is the Conflict of Interest Memo and Form for your information. Let me know if you have any questions or
concerns.
Thank you.
Respectfully,
riverside Cosily tempo:then (oeveission
Allie Rackerby
Records Technician
Riverside County Transportation Commission
PO Box 12008, Riverside, CA 92502-2208
4080 Lemon Street, 3'd Floor, Riverside, CA 92501
(951) 787.7141 I rctc.org
1
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
BUDGET AND IMPLEMENTATION COMMITTEE
www.rctc.org
AGENDA*
*Actions may be taken on any item listed on the agenda
9:30 a.m.
Monday, February 27, 2017
BOARD ROOM
County of Riverside Administrative Center
4080 Lemon Street, First Floor
Riverside, California
In compliance with the Brown Act and Government Code Section 54957.5, agenda materials distributed
72 hours prior to the meeting, which are public records relating to open session agenda items, will be
available for inspection by members of the public prior to the meeting at the Commission office, 4080 Lemon
Street, Third Floor, Riverside, CA, and on the Commission’s website, www.rctc.org.
In compliance with the Americans with Disabilities Act, Government Code Section 54954.2, and the Federal
Transit Administration Title VI, please contact the Clerk of the Board at (951) 787‐7141 if special assistance
is needed to participate in a Commission meeting, including accessibility and translation services. Assistance
is provided free of charge. Notification of at least 48 hours prior to the meeting time will assist staff in
assuring reasonable arrangements can be made to provide assistance at the meeting.
1. CALL TO ORDER / ROLL CALL
2. PLEDGE OF ALLEGIANCE
3. PUBLIC COMMENTS – Each individual speaker is limited to speak three (3) continuous
minutes or less. The Committee may, either at the direction of the Chair or by majority vote
of the Committee, waive this three minute time limitation. Depending on the number of
items on the Agenda and the number of speakers, the Chair may, at his/her discretion, reduce
the time of each speaker to two (2) continuous minutes. Also, the Committee may terminate
public comments if such comments become repetitious. In addition, the maximum time for
public comment for any individual item or topic is thirty (30) minutes. Speakers may not yield
their time to others without the consent of the Chair. Any written documents to be
distributed or presented to the Committee shall be submitted to the Clerk of the Board. This
policy applies to Public Comments and comments on Agenda Items.
Under the Brown Act, the Board should not take action on or discuss matters raised during
public comment portion of the agenda which are not listed on the agenda. Board members
may refer such matters to staff for factual information or to be placed on the subsequent
agenda for consideration.
4. APPROVAL OF MINUTES – OCTOBER 24, 2016
Budget and Implementation Committee
February 27, 2017
Page 2
5. ADDITIONS/REVISIONS (The Committee may add an item to the Agenda after making a
finding that there is a need to take immediate action on the item and that the item came to
the attention of the Committee subsequent to the posting of the agenda. An action adding
an item to the agenda requires 2/3 vote of the Committee. If there are less than 2/3 of the
Committee members present, adding an item to the agenda requires a unanimous vote.
Added items will be placed for discussion at the end of the agenda.)
6. CONSENT CALENDAR ‐ All matters on the Consent Calendar will be approved in a single
motion unless a Commissioner(s) requests separate action on specific item(s). Items pulled
from the Consent Calendar will be placed for discussion at the end of the agenda.
6A. QUARTERLY FINANCIAL STATEMENTS
Page 1
Overview
This item is for the Committee to:
1) Receive and file the Quarterly Financial Statements for the period ended
December 31, 2016;
2) Approve an increase of $20 million in FY 2016/17 Budget expenditures related
to debt service for the retirement of commercial paper notes; and
3) Forward to the Commission for final action.
6B. QUARTERLY SALES TAX ANALYSIS
Page 9
Overview
This item is for the Committee to:
1) Receive and file the sales tax analysis for Quarter 3, 2016 (3Q 2016); and
2) Forward to the Commission for final action.
6C. QUARTERLY INVESTMENT REPORT
Page 18
Overview
This item is for the Committee to:
1) Receive and file the Quarterly Investment Report for the quarter ended
December 31, 2016; and
2) Forward to the Commission for final action.
Budget and Implementation Committee
February 27, 2017
Page 3
6D. SINGLE SIGNATURE AUTHORITY REPORT
Page 79
Overview
This item is for the Committee to:
1) Receive and file the Single Signature Authority report for the second quarter
ended December 31, 2016; and
2) Forward to the Commission for final action.
7. PROPOSED POLICY GOALS AND OBJECTIVES FOR FISCAL YEAR 2017/18 BUDGET
Page 81
Overview
This item is for the Committee to:
1) Review and approve the proposed Commission Policy Goals and Objectives for
FY 2017/18; and
2) Forward to the Commission for final action.
8. AGREEMENT FOR VISUAL IDENTITY AND WEBSITE DESIGN AND MAINTENANCE SERVICES
Page 91
Overview
This item is for the Committee to:
1) Award Agreement No. 17‐14‐054‐00 to Celtis Ventures, LLC for the provision of visual
identity and website design and maintenance services for a three‐year term, and one,
two‐year option to extend the agreement, in an amount not to exceed $571,000;
2) Authorize the Chair or Executive Director, pursuant to legal counsel review, to
execute the agreement, including option years, on behalf of the Commission; and
3) Forward to the Commission for final action.
9. CITY OF RIVERSIDE FUNDING/REPROGRAMMING REQUEST FOR THE MAGNOLIA AVENUE
TRAFFIC SIGNAL INTERCONNECT SYSTEM PROJECT
Page 112
Overview
This item is for the Committee to:
1) Approve the request by the city of Riverside (Riverside) to increase funding to cover
a cost increase for the Magnolia Avenue traffic signal interconnect system project by
reprogramming a combination of Congestion Mitigation and Air Quality (CMAQ)
and/or available Mobile Source Reduction Committee (MSRC) funds in the total
amount of $637,500;
Budget and Implementation Committee
February 27, 2017
Page 4
2) Approve the termination of Agreement No. 14‐72‐127‐00 with Riverside for the
CMAQ funding of the State Route 91 pedestrian/bicycle bridge project;
3) Approve the termination of Agreement No. 14‐65‐108‐00 with the city of Eastvale
(Eastvale) for the MSRC funding of the Hamner Avenue traffic synchronization
project;
4) Approve Agreement No. 14‐72‐126‐01, Amendment No. 1 to Agreement No. 14‐72‐
126‐00, and Agreement No. 14‐65‐110‐01, Amendment No. 1 to Agreement No. 14‐
65‐110‐00, with Riverside related to the increase in CMAQ and MSRC funding,
respectively, for the Magnolia Avenue traffic signal interconnect system project;
5) Approve Agreement No. 14‐72‐122‐01, Amendment No. 1 to Agreement No. 14‐72‐
122‐00, with Eastvale for an increase in the percentage of CMAQ funding for the
Hamner Avenue traffic synchronization project;
6) Authorize staff to submit the recommended project funding revisions to the MSRC
for approval;
7) Approve Agreement No. 14‐65‐106‐02, Amendment No. 2 to Agreement No. 14‐65‐
106‐00, with the MSRC for revised funding of MSRC projects;
8) Authorize the Chair or Executive Director, pursuant to legal counsel review, to
execute the agreements on behalf of the Commission;
9) Authorize staff to submit the recommended actions to the Southern California
Association of Governments (SCAG) for inclusion in the 2017 Federal Transportation
Improvement Program (FTIP); and
10) Forward to the Commission for final action.
10. COUNTY OF RIVERSIDE – SCOPE OF WORK CHANGE FOR SALT CREEK MULTIMODAL URBAN
TRAIL – 2013 CALL FOR PROJECTS AWARDED PROJECT
Page 119
Overview
This item is for the Committee to:
1) Approve the scope of work change for the Salt Creek Multimodal Urban Trail through
the cities of Canyon Lake, Menifee, and Hemet;
2) Approve Agreement No. 14‐72‐132‐01, Amendment No. 1 to Agreement
No. 14‐72‐132‐00, with the county of Riverside to reflect the revised scope of work
for Salt Creek Multimodal Urban Trail;
3) Authorize the Chair or Executive Director, pursuant to legal counsel review, to
execute the agreement on behalf of the Commission; and
4) Forward to the Commission for final action.
Budget and Implementation Committee
February 27, 2017
Page 5
11. 2017 COMPANION STUDY FOR GRADE SEPARATION PRIORITY UPDATE STUDY FOR
ALAMEDA CORRIDOR EAST (RIVERSIDE COUNTY), 2012
Page 128
Overview
This item is for the Committee to:
1) Receive and file the 2017 Companion Study for Grade Separation Priority Update
Study for Alameda Corridor East (Riverside County), 2012 (report);
2) Direct staff to work with local jurisdictions to address the findings and
recommendations in the report, review evaluation criteria utilized in state and
federal competitive programs, and reevaluate Commission policies to support
funding for grade separation projects; and
3) Forward to the Commission for final action.
12. REIMBURSEMENT RESOLUTION FOR INTERSTATE 15 EXPRESS LANES PROJECT
Page 208
Overview
This item is for the Committee to:
1) Adopt Resolution No. 17‐003, “Declaration of Official Intent of Riverside County
Transportation Commission to Reimburse Certain Expenditures from Proceeds of
Indebtedness”; and
2) Forward to the Commission for final action.
13. GRANT FUNDING RESOLUTIONS
Page 214
Overview
This item is for the Committee to:
1) Adopt Resolution No. 17‐004, “Resolution of the Riverside County Transportation
Commission Authorizing the Filing of Applications with the Federal Transit
Administration for Federal Transportation Assistance”;
2) Adopt Resolution No. 17‐005, “Resolution of the Riverside County Transportation
Commission Approving the Allocation of FY 2016/17 Proposition 1B‐6961‐0002
California Transit Security Grant Program‐ California Transit Assistance Funds to the
RCTC Commuter Rail Program and Designation of Authorized Agent”; and
3) Forward to the Commission for final action.
Budget and Implementation Committee
February 27, 2017
Page 6
14. STATE AND FEDERAL LEGISLATIVE UPDATE
Page 219
Overview
This item is for the Committee to:
1) Adopt the following bill positions:
a) AB 351 (Melendez) – Support;
b) AB 91 (Cervantes) – Oppose;
2) Receive and file an update on state and federal legislation; and
3) Forward to the Commission for final action.
15. ELECTION OF OFFICERS
Page 222
Overview
This item is for the Budget and Implementation Committee to conduct an election of officers
for 2017 – Chair and Vice Chair.
16. ITEM(S) PULLED FROM CONSENT CALENDAR AGENDA
17. COMMISSIONERS / STAFF REPORT
Overview
This item provides the opportunity for the Commissioners and staff to report on attended
and upcoming meeting/conferences and issues related to Commission activities.
18. ADJOURNMENT AND THE NEXT MEETING
The next Budget and Implementation Committee meeting is scheduled to be held at
9:30 a.m., Monday, March 27, 2017, Board Chambers, First Floor, County Administrative
Center, 4080 Lemon Street, Riverside.
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
BUDGET AND IMPLEMENTATION COMMITTEE
ROLL CALL
FEBRUARY 27, 2017
County of Riverside, District II
County of Riverside, District III
City of Beaumont
City of Calimesa
City of Canyon Lake
City of Cathedral City
City of Coachella
City of Desert Hot Springs
City of Hemet
City of Indian Wells
City of Lake Elsinore
City of Murrieta
City of Palm Desert
City of Riverside
City of Temecula
Present
z
Absent
a
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
BUDGET AND IMPLEMENTATION COMMITTEE
Monday, October 24, 2016
MINUTES
1. CALL TO ORDER / ROLL CALL
The meeting of the Budget and Implementation Committee was called to order by
Chair Bob Magee at 9:33 a.m., in the Board Room at the County of Riverside
Administrative Center, 4080 Lemon Street, First Floor, Riverside, California, 92501.
2. PLEDGE OF ALLEGIANCE
At this time, Chair Magee led the Budget and Implementation Committee in a flag salute.
Members/Alternates Present Members Absent
Rusty Bailey Greg Pettis
Rick Gibbs Steven Hernandez
Dawn Haggerty Scott Matas
Jan Harnik Michael Naggar
Linda Krupa Dana Reed
Bob Magee
John Tavaglione
Chuck Washington
Lloyd White
Ella Zanowic
3. PUBLIC COMMENTS
There were no requests to speak from the public.
4. APPROVAL OF MINUTES – AUGUST 22, 2016
M/S/C (Tavaglione/Bailey) to approve the minutes of August 22, 2016 meeting
as submitted.
Abstain: Washington
RCTC Budget and Implementation Committee Minutes
October 24, 2016
Page 2
5. ADDITIONS / REVISIONS
There were no additions or revisions to the agenda.
6. CONSENT CALENDAR - All matters on the Consent Calendar will be approved in a single
motion unless a Commissioner(s) requests separate action on specific item(s). Items pulled
from the Consent Calendar will be placed for discussion at the end of the agenda.
M/S/C (Harnik/Magee) to approve the following Consent Calendar item(s):
6A. SINGLE SIGNATURE AUTHORITY REPORT
1) Receive and file the Single Signature Authority report for the first quarter
ended September 30, 2016; and
2) Forward to the Commission for final action.
7. INTERSTATE 15 EXPRESS LANES PROJECT PLAN OF FINANCE
Theresia Trevino, Chief Financial Officer, presented the updated Interstate 15 Express Lanes
project plan of finance. She explained staff will present the final plan of finance to the
Commission in spring 2017, with a financial close anticipated in summer 2017.
Commissioner Harnik requested staff provide a map of the project when this item goes to
the November Commission meeting in order to understand the relevance of those funds.
Theresia Trevino concurred.
Anne Mayer, Executive Director, discussed the process of identifying a plan of finance
including an investment grade rating, an additional indicative rating, eligible costs for this
project, and minimizing Measure A funding. Staff will spend six months or more negotiating
with TIFIA and the rating agencies to complete this process. She expressed appreciation for
the Commissioners’ support and to the finance team for their excellent work.
At Chair Magee’s request, Theresia Trevino discussed the TIFIA process, which is anticipated
to be completed by June 2017.
Anne Mayer noted the toll services provider and the design-build firm contracts will be
awarded prior to financial close as the loans are finite.
RCTC Budget and Implementation Committee Minutes
October 24, 2016
Page 3
M/S/C (Gibbs/Tavaglione) to:
1) Provide input and direct staff regarding the preliminary funding plan for
the Interstate 15 Express Lanes project (Project);
2) Approve an additional $50 million in federal Congestion Mitigation and
Air Quality (CMAQ) and/or Surface Transportation Block Grant (STBG)
funds for a total amount of $110 million in CMAQ and/or STBG funds for
design-build costs related to the Project and direct staff to program the
funding in the 2017 Federal Transportation Improvement Program (FTIP);
and
3) Forward to the Commission for final action.
8. MOBILE SOURCE AIR REDUCTION REVIEW COMMITTEE MAJOR EVENT CENTER
TRANSPORTATION PROGRAM GRANT
Sheldon Peterson, Rail Manager, presented the Mobile Source Reduction Review
Committee (MSRC) major event center transportation program grant.
Anne Mayer discussed the challenges of implementing this service and the coordination
and cooperation from all parties involved to ensure its success. She expressed
appreciation to the Orange County Transportation Authority (OCTA), as the managing
agency the Los Angeles – San Diego – San Luis Obispo (LOSSAN) Board, as well as
Commissioner Daryl Busch, as they have been instrumental in helping the Commission
make these arrangements with Amtrak.
M/S/C (Tavaglione/Harnik) to:
1) Approve Agreement No. 17-25-040-00 with the South Coast Air Quality
Management District (SCAQMD) for the receipt of a Mobile Source Air
Pollution Reduction Review Committee (MSRC) Major Event Center
Transportation Programs grant in the amount of $1.2 million;
2) Approve Agreement No. 17-25-037-00 with the LOSSAN Rail Corridor
Agency for project coordination and transportation services with Amtrak
in an amount not to exceed $1 million;
3) Approve Agreement No. 17-25-036-00 with Goldenvoice/Valley Music
Travel (Goldenvoice) for project coordination and shuttle bus
transportation in an amount not to exceed $200,000;
4) Approve an amendment of $1.2 million to the FY 2016/17 Commuter Rail
Short Range Transit Plan (SRTP) for the total grant;
5) Approve an increase to the FY 2016/17 budget of $600,000 for MSRC
grant revenues and corresponding rail and shuttle service expenditures;
6) Authorize the Chair or Executive Director, pursuant to legal counsel
review, to execute the agreements on behalf of the Commission; and
7) Forward to the Commission for final action.
RCTC Budget and Implementation Committee Minutes
October 24, 2016
Page 4
9. AGREEMENTS FOR STATE AND FEDERAL LEGISLATIVE ADVOCACY SERVICES
Jillian Guizado, Senior Legislative Affairs Analyst, presented the scope of the agreements
for the state and federal legislative advocacy services.
M/S/C (Gibbs/Washington) to:
1) Award the following agreements to provide state and federal legislative
advocacy services for a four-year term, and two two-year options to
extend the agreements, for up to an eight-year period of performance,
as follows:
a) Agreement No. 17-14-009-00 with Smith, Watts & Hartmann, in
an amount not to exceed $524,000;
b) Agreement No. 17-14-010-00 with Ruffalo and Associates, LLC, in
an amount not to exceed $720,000;
c) Agreement No. 17-14-011-00 with Cliff Madison Government
Relations, in an amount not to exceed $530,000;
2) Authorize the Chair or Executive Director, pursuant to legal counsel
review, to execute the agreements, including option years, on behalf of
the Commission; and
3) Forward to the Commission for final action.
Recuse: Tavaglione
10. COMMISSIONERS / EXECUTIVE DIRECTOR REPORT
10A. Anne Mayer announced Haviva Shane, Legal Counsel with Best Best and Krieger
LLP, will attend all future committee meetings to address any legal questions from
Commissioners.
11. ADJOURNMENT
There being no further business for consideration by the Budget and Implementation
Committee, the meeting was adjourned at 10:01 a.m.
Respectfully submitted,
Jennifer Harmon
Clerk of the Board
AGENDA ITEM 6A
Agenda Item 6A
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
DATE: February 27, 2017
TO: Budget and Implementation Committee
FROM: Michele Cisneros, Deputy Director of Finance
THROUGH: Theresia Trevino, Chief Financial Officer
SUBJECT: Quarterly Financial Statements
STAFF RECOMMENDATION:
This item is for the Committee to:
1) Receive and file the Quarterly Financial Statements for the period ended December 31,
2016;
2) Approve an increase of $20 million in FY 2016/17 Budget expenditures related to debt
service for the retirement of commercial paper notes; and
3) Forward to the Commission for final action.
BACKGROUND INFORMATION:
During the first six months of the fiscal year, staff monitored the revenues and expenditures of
the Commission. The attached financial statements present the revenues and expenditures for
the first six months of the fiscal year. Period closing accrual adjustments are not included for
revenues earned but not billed and expenditures incurred for goods and services received but
not yet invoiced, as such adjustments are normally made during the year-end closing process.
The operating statement shows the sales tax revenues for the second quarter at 30 percent of
the budget. This is a result of Governmental Accounting Standards Board (GASB) Statement
No. 33. GASB No. 33 requires sales tax revenues to be accrued for the period in which it is
collected at the point of sale. The State Board of Equalization (SBOE) collects the Measure A
funds and remits these funds to the Commission after the reporting period for the businesses.
This creates a two-month lag in the receipt of revenues by the Commission. Accordingly, these
financial statements reflect the revenues related to collections for October 2016.
On a cash basis, the Measure A and Local Transportation Fund sales tax revenues are 9.56 and
13.69 percent higher, respectively than the same period last year; however, these revenues for
the eight months ended February 28, 2017 are flat compared to the same period last year. These
fluctuations appear to be unusual. State Transit Assistance Fund receipts through second quarter
have not yet been submitted by the SBOE. Staff will continue to monitor the trends in the sales
tax receipts and report to the Commission any necessary adjustments.
1
Agenda Item 6A
Federal, state, and local revenues are on a reimbursement basis. The Commission will receive
these revenues as eligible project costs are incurred and invoiced to the respective agencies.
During FY 2016/17 budget process, the Commission took a conservative approach to estimate
the Transportation Uniform Mitigation Fee (TUMF) revenues of $18.5 million passed through
from the Western Riverside Council of Governments (WRCOG). The Commission received TUMF
receipts through October 2016. The budgeted balance of $20,000 relates to the TUMF zone
reimbursements from WRCOG for the 215 Interchange project.
Toll revenues budgeted at $3.8 million represent a half year of projected toll transactions for the
RCTC 91 Express Lanes based on the Riverside County 91 Express Lanes Extension Investment
Grade Traffic and Revenue Report and 2013 financing assumptions. The commencement of toll
operations is scheduled for early 2017.
Other revenues include $2.34 million of non-toll source of revenues not attributable directly to
toll transactions and derived from the Commission’s share of 91 Express Lanes’ transaction-based
fees and account-based fees, net of uncollectable tolls. The budgeted balance of $173,000
relates to property management revenues generated from various Commission-owned
properties.
The Commission took a conservative approach in estimating investment income for FY 2016/17,
as a result of flat interest yields on investment balances. Investment income is slightly higher in
the second quarter primarily as a result of the investment of sales tax and toll revenue bond
proceeds.
The expenditures/expenses and other financing sources/uses categories are in line overall with
the expectations of the budget with the following exceptions.
• Professional services are higher in the second quarter due to a swap termination payment
of $10.3 million to Deutsche Bank (DB). Due to Moody’s Investor Service lowering DB’s
long-term rating to Baa2, the downgrade resulted in the occurrence of a termination
event under the swap agreement. At its September 2016 meeting, the Commission
approved the termination of the forward interest rate swap with DB in the outstanding
notional amount of $63.9 million and a termination cost of $10.3 million, resulting in the
refunding of the 2009 Series A Sales Tax Revenue Variable Rate Demand Bonds (2009 A
Bonds);
• Support costs are under budget due to unused budget authority for rail station and
motorist assistance maintenance and repairs and toll operations support;
• Program operations are under budget due to unused budget authority for the 91 Project
activities, motorist and commuter assistance program operations, and highway and rail
program management;
• Capital project expenditures are generally affected by lags in invoices submitted by
contractors and consultants, as well as other issues encountered during certain phases of
the projects. The negative expenditure amount for right of way/land reflects the reversal
2
Agenda Item 6A
of FY 2015/16 accrued expenditures at the beginning of FY 2016/17, in excess of amounts
paid through the second quarter. The status of significant capital projects with budget
exceeding $5 million is discussed in the attachment;
• Special studies unused budget authority related to feasibility studies;
• Local streets and roads are related to the timing of Measure A sales tax revenues as
previously explained. These financial statements reflect expenditures made to the local
jurisdictions related to collections through October 2016;
• Regional arterial expenditures primarily represent expenditures for the highways and
regional arterial program administered by the Coachella Valley Association of
Governments (CVAG). CVAG requests reimbursements from the Commission based on
available funds and sufficient budget authority;
• Debt service principal payments are made annually on June 1, while interest payments
are made semiannually on December 1 and June 1, except for the 2009 Sales Tax Revenue
Bonds (variable rate) as those interest payments are monthly. The Commission approved
the issuance of the 2016 Refunding Bonds primarily to refund all of the outstanding 2009
A Bonds and to retire all of the $20 million outstanding commercial paper notes, which
proceeds were applied to finance a termination payment in connection with an interest
rate swap agreement with DB;
• Cost of issuance and payment to escrow agent relate to the 2016 Series A Sales Tax
Revenue Refunding Bonds (2016 Refunding Bonds) resulting from the termination of DB
interest rate swap and refunding of the 2009 A Bonds. The financial closing of the
issuance of the 2016 Refunding Bonds and payment of the cost of issuance and payment
to escrow agent were made in October 2016;
• Capital outlay expenditures are under budget due to unused budget authority for station
security improvements, toll operations equipment, and Commission network, hardware,
and software improvements;
• The Commission entered into a loan agreement with the U.S. Department of
Transportation in July 2013 for a $421,054,409 Transportation Infrastructure Finance and
Innovation Act (TIFIA) loan to pay eligible 91 Project costs. The loan is a toll revenue bond
(TIFIA Bond) that is subordinate to the 2013 Toll Bonds. Proceeds of the TIFIA Bond may
be drawn upon after certain conditions have been met. Through the second quarter, the
Commission drew down $95.6 million in TIFIA loan proceeds. During construction of the
91 Project and for a period of up to five years following substantial completion, interest
is compounded and added to the initial TIFIA loan. TIFIA debt service payments are
expected to commence on December 1, 2021, which is approximately five years after
substantial completion of the 91 Project, through June 1, 2051; and
• At its September 2016 meeting, the Commission approved the issuance of the 2016
Refunding Bonds of $76.1 million to refund all of the outstanding 2009 A Bonds, retire all
of the outstanding commercial paper notes which have been applied to finance a
termination payment in connection with an interest rate swap agreement with DB, and
pay cost of issuance. Approximately $40 million of commercial paper notes issuance was
included in the FY 2016/17 budget and is expected to occur in subsequent quarters.
3
Agenda Item 6A
At the September 2016 Commission meeting when the Commission approved the termination of
the DB swap and related issuance of the 2016 Refunding Bonds, staff inadvertently overlooked
the need for a budget adjustment of $20 million for the retirement of outstanding commercial
paper notes, which were used to finance the swap termination payment. Accordingly, staff
recommends a budget adjustment to increase debt service expenditures $20 million.
Financial Information
In Fiscal Year Budget: No Year: FY 2016/17 Amount: $20,000,000
Source of Funds: 2016 Refunding Bonds Budget Adjustment: Yes
GL/Project Accounting No.: 303 31 97101
Fiscal Procedures Approved: Date: 02/07/2017
Attachments:
1) Quarterly Project Status – December 2016
2) Quarterly Financial Statements – December 2016
4
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
QUARTERLY PROJECT STATUS
2ND QUARTER
FOR SIX MONTHS ENDED 12/31/2016
FY 2016/17 BUDGET
2ND QUARTER
EXPENDITURES
Project Description Project Status
91 Project (Design-Build) $ 196,476,400 $83,556,846 The Design-Build contract has an actual reported progress of 95
percent as of December 31, 2016. The Commission has acquired
and delivered all 197 Caltrans Parcel Numbers to the Design-
Builder. Construction began on all 32 bridges (30 bridges are
complete) and 90 walls (of 92, 84 walls are complete), while 89 (of
90)utility relocations are complete. The under run of the FY
2016/17 budget at the second quarter is due to under runs in right
of way, including anticipated goodwill and negotiated settlement
costs later in the fiscal year ($28.9 million), the Design-Build
contract ($28.9 million), the project and construction management
(PCM) contract ($2.5 million), and the Caltrans Cooperative
Agreement ($3.5 million).
The project will connect with Orange County
Transportation Authority’s tolled express lanes at the
Orange County/Riverside County line and continue
approximately eight miles to the Interstate (I)-15/State
Route (SR)-91 interchange. The project involves
widening pavement on the outside of the existing
highway to reposition general purpose lanes and
repurposing the existing High Occupancy Vehicle
(HOV) lanes to accommodate two-tolled express lanes
in the median in each direction. The SR-91 CIP also
involves constructing one new general purpose lane in
each direction from SR-71 to I-15, ultimately providing
two-tolled express lanes and five general purpose
lanes in each direction. SR-91 CIP development
activities began in September 2007, construction work
related to roadway and structures began in July 2014,
and the toll lanes are expected to open in early 2017.
The total acquisition and construction cost of the SR-
91 CIP is estimated at $1.4 billion, including capitalized
interest, debt service reserves, contingency, and cost
of issuance.
I-15 Express Lanes Project 32,832,300 5,866,123 Staff completed the project report and environmental document
phase of work in May 2016. Procurement shortlists for both toll
services and design-build were announced in the first quarter of
2016. Staff is concluding the two procurements for toll system and
operations and design-build civil work with award of the tolling
services contract in January 2017 and the anticipated award date
of the design-build contract in April 2017. The under run of the FY
2016/17 budget at the second quarter is due to under runs in the
PCM contract ($1.6 million) and special legal services for
completion of the Toll Systems Provider and Design-Build
procurement documents ($1.5 million).
The project will generally add two tolled express lanes
in each direction from SR-60 to Cajalco Road in
Corona. Project development activities began in April
2008, and lanes are expected to open to traffic in 2020.
The 2016 CAPEX forecast estimates the total project
cost at $486 million, which includes $46 million of
contingency.
ATTACHMENT 1
5
FY 2016/17 BUDGET
2ND QUARTER
EXPENDITURES
Project Description Project Status
I-215 Corridor Improvements/Scott Road to Nuevo
Road 5,588,728 892,720 The notice to proceed for construction was issued in December
2012 and construction started in January 2013. Aesthetic work
along the freeway has been completed and the project is
substantially complete. Caltrans punch-list items work remains.
Final project accounting is underway.
The project will add one mixed flow lane in each
direction. Preliminary engineering began in 2007 and
was completed in 2011. Final design began in 2011
and was completed in December 2012; construction
began in 2013 and is expected to be completed in
2016. The estimated project cost is $120 million.
Mid County Parkway 10,764,300 1,819,130 Staff completed the work on the Environmental Impact Report
(EIR)/Environmental Impact Study (EIS). Major milestones have
been met and the project’s Record of Decision was published in
the Federal register in August 2015. The Commission approved
the procurement for final design of the I-215 Placentia Interchange
in November 2016. Staff has been working with the Federal
Highway Administration on approval of the New Connection
Report, approval of the Habitat Mitigation and Monitoring Plan with
the U.S. Army Corps of Engineers, and purchasing of the required
land mitigations. The Commission acquired some of the mitigation
land needed for the project. Staff continues to work on identifying
the remaining mitigation land needed.
The environmental document for a new corridor from I-
215 to SR-79 was approved in April 2015. The first
design package is anticipated to be completed in FY
2018/2019. Construction of this new facility will be
completed over many years as funding becomes
available; the project cost is estimated at $1.3 to $1.6
billion.
Pachappa Underpass Project 12,183,500 46,264 Right of way needs have been determined and acquisition will
begin in third quarter; design matters continue; and the option to
retain the shoofly and adjoining walls has been discontinued.
The project will remove the Pachappa shoofly activities
and construct the retaining wall, drainage, and track
work for the permanent Pachappa underpass; the
project cost is estimated at $12 million.
Perris Valley Line and other rail projects 8,043,900 -5,729,628 The FTA awarded Small Starts Grant Agreement funds. ROW
acquisition activities for the station and layover facility at south
Perris have been completed. Following the settlement of a lawsuit
challenging elements of the California Environmental Quality Act
document in July 2013, the construction contract was given limited
notice to proceed in October 2013 and full notice following FTA
approval of the Small Starts Grant Agreement. Active construction
commenced in January 2014. Metrolink operations commenced in
June 2016. Substantial completion was reached in September
2016. Final completion is expected in March 2017.
The project is in the construction phase with the
extension of commuter rail services to the city of Perris.
The project commenced in December 2007 when the
Commission received approval from the Federal
Transit Administration (FTA) to move into project
development. Expected completion date is December
2015 for an estimated project cost of $248.3 million.
Other rail projects include adding a fourth main track
between the Riverside Downtown station to the
connector to the San Jacinto Branch Line at Highgrove.
This list discusses the significant capital projects (i.e., total budgeted costs in excess of $5 million) and related status. Capital project expenditures are generally affected by lags in
invoices submitted by contractors and consultants, as well as issues encountered during certain phases of the projects. The capital projects budgets tend to be based on aggressive
project schedules.
6
Revenues
Sales tax 268,821,600$ 79,674,358$ (189,147,242)$ 30%
Federal reimbursements 37,156,953 718,098 (36,438,855)2%
State reimbursements 11,589,241 1,683,926 (9,905,315)15%
Local reimbursements 10,496,100 438,317 (10,057,783)4%
Transportation Uniform Mitigation Fee 18,520,000 5,663,598 (12,856,402)31%
Toll revenues 3,798,000 - (3,798,000)N/A
Other revenues 2,518,000 131,973 (2,386,027)5%
Investment income 1,849,000 992,820 (856,180)54%
Total revenues 354,748,894 89,303,090 (265,445,804)25%
Expenditures
Salaries and benefits 9,505,100 4,655,810 4,849,290 49%
Professional and support
Professional services 22,098,600 15,700,391 6,398,209 71%
Support costs 10,121,500 2,655,359 7,466,141 26%
Total Professional and support costs 32,220,100 18,355,750 13,864,350 57%
Projects and operations
Program operations - general 21,408,900 4,726,823 16,682,077 22%
Engineering 18,282,900 909,796 17,373,104 5%
Construction 90,913,279 6,474,101 84,439,178 7%
Design Build 146,955,600 81,787,205 65,168,395 56%
Right of way/land 83,809,713 (1,286,333) 85,096,046 -2%
Operating and capital disbursements 150,989,792 61,435,697 89,554,095 41%
Special studies 2,965,000 491 2,964,509 0%
Local streets and roads 51,358,000 15,834,618 35,523,382 31%
Regional arterials 30,516,600 3,446,276 27,070,324 11%
Total projects and operations 597,199,784 173,328,674 423,871,110 29%
Debt service
Principal 8,100,000 20,000,000 (11,900,000) 247%
Interest 56,615,800 22,453,363 34,162,437 40%
Cost of issuance 645,000 654,006 (9,006) 101%
Payment to escrow agent 63,900,000 63,900,000 - 100%
Total debt service 129,260,800 107,007,369 22,253,431 83%
Capital outlay 2,201,000 465,556 1,735,444 21%
Total Expenditures 770,386,784 303,813,159 466,573,625 39%
Excess revenues over (under) expenditures (415,637,890) (214,510,069) 483,937,723 52%
Other financing sources/(uses)
Transfer in 241,966,700 83,766,373 (158,200,327) 35%
Transfer out (241,966,700) (83,766,373) 158,200,327 35%
TIFIA loan proceeds 100,269,200 95,558,957 (4,710,243) 95%
Debt proceeds 103,225,000 76,140,000 (27,085,000) 74%
Total financing sources/(uses)203,494,200 180,112,963 23,381,237 89%
Net change in fund balances (212,143,690) (34,397,106) 507,318,960 16%
Fund balance July 1, 2016 741,082,700 740,421,402 (661,298) 100%
Fund balance December 31, 2016 528,939,010$ 706,024,296$ 506,657,662$ 133%
QUARTERLY BUDGET TO ACTUAL
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
2ND QUARTER
FOR SIX MONTHS ENDED 12/31/2016
FY 2016/17
BUDGET
2ND QUARTER
ACTUAL
PERCENT
UTILIZATION
REMAINING
BALANCE
ATTACHMENT 2
7
ENTERPRISE FUND
TRANSPORTATION DEVELOPMENT ACT
AGENCY FUND TOLL OPERATIONS
Revenues
Sales tax 1,300,000$ -$ 40,607,622$ 11,618,369$ 308,821$ 27,006,088$ (1,166,542)$ -$ -$ -$ -$ -$ -$ -$ -$ 79,674,358$
Federal reimbursements 68,637 - (738,712) - - - - - - - - - - - 1,388,173 718,098
State reimbursements 87,588 791,801 804,537 - - - - - - - - - - - - 1,683,926
Local reimbursements (11,703) 121,305 328,715 - - - - - - - - - - - - 438,317
Transportation Uniform Mitigation Fee - - - - - - - 5,663,598 - - - - - - - 5,663,598
Other revenues (40,330) - 172,303 - - - - - - - - - - - - 131,973
Investment income 17,684 12,833 233,330 49,962 - 154,430 72,014 83,097 5,979 692 - 786,867 46,868 63,044 (533,980) 992,820
Total revenues 1,421,876 925,939 41,407,795 11,668,331 308,821 27,160,518 (1,094,528) 5,746,695 5,979 692 - 786,867 46,868 63,044 854,193 89,303,090
Expenditures
Salaries and benefits 2,981,393 47,410 1,469,179 155 - - - 125,843 17,321 14,509 - - - - - 4,655,810
Professional and support
Professional services 560,816 147,338 4,247,044 3,577 - - 6,856 172,557 270,024 179 - 10,292,000 - - - 15,700,391
Support costs 2,235,246 119,055 299,231 74 - - - 1,597 156 - - - - - - 2,655,359
Total Professional and support costs 2,796,062 266,393 4,546,275 3,651 - - 6,856 174,154 270,180 179 - 10,292,000 - - - 18,355,750
Projects and operations
Program operations - general 921,573 1,182,497 2,482,602 3,012 - - - 111,430 - 25,709 - - - - - 4,726,823
Engineering - - 98,640 - - - - 811,156 - - - - - - - 909,796
Construction (74,625) - 5,904,204 - - - - 644,522 - - - - - - - 6,474,101
Design Build - - 81,787,205 - - - - - - - - - - - - 81,787,205
Right of way/land - - (2,572,759) - - - - 1,286,426 - - - - - - - (1,286,333)
Operating and capital disbursements 10,099,697 - 3,080,492 2,917,848 - 45,096,024 241,636 - - - - - - - - 61,435,697
Special studies - - 491 - - - - - - - - - - - - 491
Local streets and roads - - 11,459,368 4,066,429 308,821 - - - - - - - - - - 15,834,618
Regional arterials - - - 3,446,276 - - - - - - - - - - - 3,446,276
Total projects and operations 10,946,645 1,182,497 102,240,243 10,433,565 308,821 45,096,024 241,636 2,853,534 - 25,709 - - - - - 173,328,674
Debt service
Principal - - - - - - - - - - - 20,000,000 - - - 20,000,000
Interest - - - - - - - - - - - 39,924 13,199 - 22,400,240 22,453,363
Cost of issuance - - - - - - - - - - - - 654,006 - - 654,006
Payment to escrow agent - - - - - - - - - - - - 63,900,000 - - 63,900,000
Total debt service - - - - - - - - - - - 20,039,924 64,567,205 - 22,400,240 107,007,369
Capital outlay 43,068 - 422,488 - - - - - - - - - - - - 465,556
Total Expenditures 16,767,168 1,496,300 108,678,185 10,437,371 308,821 45,096,024 248,492 3,153,531 287,501 40,397 - 30,331,924 64,567,205 - 22,400,240 303,813,159
Excess revenues over (under) expenditures (15,345,292) (570,361) (67,270,390) 1,230,960 - (17,935,506) (1,343,020) 2,593,164 (281,522) (39,705) - (29,545,057) (64,520,337) 63,044 (21,546,047) (214,510,069)
Other financing sources/(uses)
Transfer in 24,613,963 714,700 29,501,859 - - - - - 159,395 - - 20,000,000 13,199 1,398,088 7,365,169 83,766,373
Transfer out - (714,700) (18,984,637) - - (13,258,163) (159,395) - - - - (4,602,846) (30,644,739) (12,602,433) (2,799,460) (83,766,373)
TIFIA loan proceeds - - 95,558,957 - - - - - - - - - - - - 95,558,957
Debt proceeds - - - - - - - - - - - - 76,140,000 - - 76,140,000
Bond premium - - - - - - - - - - - - 8,414,006 - - 8,414,006
Total financing sources/(uses)24,613,963 - 106,076,179 - - (13,258,163) (159,395) - 159,395 - - 15,397,154 53,922,466 (11,204,345) 4,565,709 180,112,963
Net change in fund balances 9,268,671 (570,361) 38,805,789 1,230,960 - (31,193,669) (1,502,415) 2,593,164 (122,127) (39,705) - (14,147,903) (10,597,871) (11,141,301) (16,980,338) (34,397,106)
Fund balance July 1, 2016 10,792,190 8,722,808 201,722,613 42,644,404 556 116,816,853 71,569,302 70,616,683 3,509,978 410,879 - 42,033,114 72,278,136 20,987,831 78,316,055 740,421,402
Fund balance December 31, 2016 20,060,861$ 8,152,447$ 240,528,402$ 43,875,364$ 556$ 85,623,184$ 70,066,887$ 73,209,847$ 3,387,851$ 371,174$ -$ 27,885,211$ 61,680,265$ 9,846,530$ 61,335,717$ 706,024,296$
CAPITAL PROJECTS FUNDS
GENERAL FUND FSP/
SAFE
WESTERN
COUNTY
PALO VERDE
VALLEY
COACHELLA
VALLEY
LOCAL
TRANSPORTATION FUND
MEASURE A SALES TAX
SPECIAL REVENUE FUNDS
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
QUARTERLY BUDGET TO ACTUAL BY FUND
2ND QUARTER
FOR SIX MONTHS ENDED 12/31/2016
SALES TAX
BONDS DEBT SERVICE COMBINED TOTALCOMMERCIAL
PAPER
STATE TRANSIT
ASSISTANCE
TRANSPORTATION
UNIFORM MITIGATION FEE
(TUMF)
TOLL REVENUE
BONDS
COACHELLA
VALLEY RAIL
8
AGENDA ITEM 6B
Agenda Item 6B
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
DATE: February 27, 2017
TO: Budget and Implementation Committee
FROM: Michele Cisneros, Deputy Director of Finance
THROUGH: Theresia Trevino, Chief Financial Officer
SUBJECT: Quarterly Sales Tax Analysis
STAFF RECOMMENDATION:
This item is for the Committee to:
1) Receive and file the sales tax analysis for Quarter 3, 2016 (3Q 2016); and
2) Forward to the Commission for final action.
BACKGROUND INFORMATION:
At its December 2007 meeting, the Commission awarded an agreement with MuniServices, LLC
(MuniServices) for quarterly sales tax reporting services plus additional fees contingent on
additional sales tax revenue generated from the transactions and use tax (sales tax) audit
services. As part of the recurring contracts process, the Commission approved a five-year
extension through June 30, 2018. The services performed under this agreement pertain to only
the Measure A sales tax revenues.
Since the commencement of these services, MuniServices submitted an audit, which reported
findings generated and submitted to the State Board of Equalization (SBOE) for review and
determination of errors in sales tax reporting related to 630 businesses. Through 2Q 2016, the
SBOE approved corrections for 444 of these accounts for a total sales tax recovery of $7,346,704.
Updated amounts for 3Q 2016 will be provided once received from MuniServices. If the SBOE
concurs with the error(s) for the remaining claims, the Commission will receive additional
revenues; however, the magnitude of the value of the remaining findings was not available. It is
important to note that while the recoveries of additional revenues will be tangible, it will not be
sufficient to alter the overall trend of sales tax revenues.
Additionally, MuniServices provided the Commission with the quarterly sales tax summary report
for 3Q 2016. Most of the 3Q 2016 Measure A sales tax revenues were received in the fourth
quarter of calendar year 2016, during October through December 2016, due to a lag in the sales
tax calendar. The summary section of 3Q 2016 report is attached and includes an overview of
California’s economic outlook, local results, historical cash collections analysis by quarter, top 25
sales/use tax contributors, historical sales tax amounts for the top ten segments, annual sales tax
9
Agenda Item 6B
by business category, five-year economic trend for significant business category (auto sales -
new), and final results.
Taxable transactions for the top 25 tax contributors in Riverside County generated 22.8 percent
of taxable sales for the benchmark year ended 3Q 2016, slightly lower than the 23.1 percent for
the benchmark year ended 3Q 2015. The top 100 tax contributors generated 37.8 percent
taxable sales for the benchmark year ended 3Q 2016, compared to 37.9 percent for the
benchmark year ended 3Q 2015.
In the Economic Category Analysis below, five of the six categories (general retail, food products,
construction, business to business, and miscellaneous) experienced new highs in the 3Q 2016
benchmark year compared to the prior six benchmark years. Transportation was slightly below
the 3Q 2015 benchmark year due to continued lower fuel prices.
An analysis of sales tax performers by quarter through 3Q 2016 is attached, and illustrates fairly
consistent cycles for sales tax performance for most of the economic categories since the
economic recession in 2009.
For 7 of the top 10 segments (auto sales-new, restaurants, department stores, miscellaneous
retail, building materials-wholesale, apparel stores, and building materials-retail) during the past
eight benchmark year quarters, sales tax receipts reached a new high point. The 7 segments
represent 57 percent of total sales tax receipts. Light industry, one of the top 10 segments
representing 4.7 percent of the total sales tax receipts for benchmark year 3Q 2016, was lower
than 2Q 2016 benchmark year due to completion of renewable energy developments in Riverside
County. Food markets remained relatively unchanged representing 5.1 percent of the total sales
tax receipts, and service stations reached a new low point in 3Q 2016.
These top 10 segments represent 74.1 percent of the total sales tax receipts. For the other 19
segments representing 25.9 percent of the total sales tax receipts, 13 segments representing 20.3
percent of the total sales tax receipts reached new high points in the benchmark year 3Q 2016.
% of Total / % Change
RCTC State Wide Riverside
County
San
Bernardino
County
Inland
Empire South Coast S.F. Bay Area Sacramento
Valley
Central
Valley North Coast Central
Coast
General Retail 28.8 / 3.0 28.3 / 2.0 28.7 / 4.1 25.4 / 7.5 27.0 / 5.8 29.1 / 1.2 26.6 / 0.8 27.8 / 3.4 31.0 / 3.5 28.8 / 4.6 31.4 / 0.4
Food Products 17.6 / 5.2 20.8 / 4.7 19.8 / 4.7 14.8 / 5.0 17.2 / 4.9 22.1 / 5.0 22.1 / 4.7 17.0 / 3.9 16.7 / 4.1 18.6 / 3.6 31.0 / 1.6
Transportation 25.1 / -1.1 23.5 / -1.0 26.3 / -1.1 27.3 / 0.9 26.8 / -0.1 23.0 / -2.2 20.4 / -0.8 28.1 / 3.3 26.0 / -0.5 29.8 / 0.5 20.8 / -1.3
Construction 10.9 / 4.4 9.6 / 5.0 13.1 / 2.8 11.0 / 21.8 12.0 / 11.1 8.4 / 4.3 9.5 / 2.1 11.7 / 7.9 12.3 / 4.2 13.6 / 6.3 9.5 / 3.8
Business to Business 15.4 / 3.6 16.5 / 0.7 10.9 / 3.4 19.8 / -0.5 15.5 / 0.8 16.2 / -0.2 20.1 / 3.9 13.8 / 2.5 12.5 / -6.5 8.3 / -5.5 6.3 / -0.1
Miscellaneous 2.2 / 6.7 1.3 / 8.6 1.1 / 15.2 1.1 / 15.2 1.4 / 30.4 1.2 / 10.9 1.2 / -0.1 1.5 / -5.1 1.5 / 6.0 1.0 / 9.7 1.0 / -4.9
Total 100.0 / 2.6 100.0 / 2.0 100.0 / 2.7 100.0 / 5.4 100.0 / 4.1 100.0 / 1.3 100.0 / 2.0 100.0 / 3.7 100.0 / 1.3 100.0 / 2.5 100.0 / 0.6
General Retail: Apparel Stores, Department Stores, Furniture/Appliances, Drug Stores, Recreation Products, Florist/Nursery, and Misc. Retail
Food Products: Restaurants, Food Markets, Liquor Stores, and Food Processing Equipment
Construction: Building Materials Retail and Building Materials Wholesale
Transportation: Auto Parts/Repair, Auto Sales - New, Auto Sales - Used, Service Stations, and Misc. Vehicle Sales
Business to Business: Office Equip., Electronic Equip., Business Services, Energy Sales, Chemical Products, Heavy Industry, Light Industry, and Leasing
Miscellaneous: Health & Government, Miscellaneous Other, and Closed Account Adjustments
ECONOMIC CATEGORY ANALYSIS
10
Agenda Item 6B
In the Economic Segment Analysis below, auto sales-new, restaurants, and department stores
represent the three largest segments for Riverside County, or 33.3 percent of total sales tax
receipts. This is the sixteenth consecutive quarter since 3Q 2008, that department stores and
auto sales-new have been in the top three economic segments. Growth seen in previous quarters
for service stations segment has been declining continuously from the high in the last five years
due to lower fuel prices, and this segment reached a new low point in 1Q 2016. Restaurants
replaced service stations in the top three economic segments beginning in 4Q 2014.
During the review of the 3Q 2016 detailed report with MuniServices, information regarding sales
tax comparison by city and change in economic segments (two highest gains and two highest
losses) from 3Q 2016 to 3Q 2015 was provided.
Staff continues to monitor monthly sales tax receipts and other available economic data to
determine the need for any adjustment to the revenue projections. Staff will utilize the forecast
scenarios included with the complete report and receipt trends in assessing such projections.
Attachments:
1) Sales Tax Digest Summary 3Q 2016
2) Sales Tax Performance Analysis by Quarter
3) Quarterly Sales Tax Change Comparison by City for 3Q 2016 to 3Q 2015
RCTC State Wide Riverside
County
San
Bernardino
County
Inland
Empire South Coast S.F. Bay Area Sacramento
Valley
Central
Valley North Coast Central
Coast
Largest Segment Auto Sales -
New Restaurants Restaurants
Department
Stores Restaurants Service
Stations Restaurants Restaurants
Department
Stores
Auto Sales -
New Restaurants
% of Total / % Change 11.8 / 5.2 14.8 / 5.9 12.8 / 6.5 10.2 / 3.5 11.3 / 6.4 25.2 / -3.8 15.8 / 5.4 16.2 / 6.1 13.6 / 1.9 11.9 / 13.0 22.6 / 1.3
2nd Largest Segment Restaurants Auto Sales -
New
Auto Sales -
New Restaurants Auto Sales -
New Restaurants Auto Sales -
New
Auto Sales -
New
Auto Sales -
New
Department
Stores Misc. Retail
% of Total / % Change 11.3 / 6.4 11.2 / 4.8 12.4 / 5.0 10.0 / 6.2 11.0 / 6.1 13.9 / 9.3 10.9 / 4.7 11.4 / 3.9 10.9 / 5.6 10.9 / 1.1 10.7 / 4.0
3rd Largest Segment Department
Stores
Department
Stores
Department
Stores
Auto Sales -
New
Department
Stores
Food
Markets
Department
Stores
Department
Stores Restaurants Restaurants
Auto Sales -
New
% of Total / % Change 10.2 / 1.6 9.4 / 0.0 10.5 / 0 9.8 / 7.5 10.4 / 1.8 8.7 / 3.4 7.7 / -2.2 9.2 / -0.3 10.9 / 5.9 10.8 / 4.6 9.0 / 11.2
ECONOMIC SEGMENT ANALYSIS
11
Riverside County Transportation Commission
Sales Tax Digest Summary
Collections through December 2016
Sales through September 2016 (2016Q3)
www.MuniServices.com (800) 800‐8181 Page 1
CALIFORNIA’S ECONOMIC OUTLOOK
California sales tax receipts increased by 1.9% over the same quarter from the previous year, with
Northern California reporting a 2.0% increase compared to 1.8% for Southern California. Receipts for the
RCTC changed by 3.9% over the same periods.
Employment in California continues to grow. California employed over 18.4 million workers in
November, up 3% from 17.8 million in November of 2015. The unemployment rate dipped to 5.3% in
November from the 5.5% rate we have had each month since July. (Bureau of Labor Statistics)
Higher prices are not helping sales tax revenue. The Consumer Price Index (CPI-U) for the Western
Region is up 2.3 percent in November. Big price increases in Housing up 4.6%, Household Energy up
4.7% and Medical Care up 3.2% reduce the amount of remaining disposable income available for taxable
sales. (Bureau of Labor Statistics)
The next recession may be more severe in California than in the rest of the country. The number of
wage and salary employees in California is shrinking while the number of those whose income is
dependent upon the profitability and value of their companies is growing. This could intensify a
recession in California. (UCLA Andersen)
LOCAL RESULTS
Net Cash Receipts Analysis
Local Collections $42,152,264
Share of County Pool 0.0% 0
Share of State Pool 0.0% 0
SBE Net Collections 42,152,264
Less: Amount Due County 0.0% .00
Less: Cost of Administration (501,550)
Net 3Q2016 Receipts 41,650,714
Net 3Q2015 Receipts 40,077,762
Actual Percentage Change 3.9%
Business Activity Performance Analysis
Local Collections $42,152,264
Less: Payments for Prior Periods (1,882,793)
Preliminary 3Q2016 Collections 40,269,471
Projected 3Q2016 Late Payments 1,394,420
Projected 3Q2016 Final Results 41,663,891
Actual 3Q2015 Results 40,355,132
Projected Percentage Change 3.2%
ATTACHMENT 1
12
Riverside County Transportation Commission
www.MuniServices.com (800) 800‐8181 Page 2
HISTORICAL CASH COLLECTIONS ANALYSIS BY QUARTER
TOP 25 SALES/USE TAX CONTRIBUTORS
The following list identifies RCTC’s Top 25 Sales/Use Tax contributors. The list is in alphabetical order
and represents sales from October 2015 to September 2016. The Top 25 Sales/Use Tax contributors
generate 22.8% of RCTC’s total sales and use tax revenue.
AMAZON.COM MACY’S DEPARTMENT STORE
ARCO AM/PM MINI MARTS MCDONALD’S RESTAURANTS
BEST BUY STORES RALPH'S GROCERY COMPANY
CARMAX THE AUTO SUPERSTORE ROSS STORES
CHEVRON SERVICES STATIONS SAM'S CLUB
CIRCLE K FOOD STORES SHELL SERVICE STATIONS
COSTCO. STATER BROS MARKETS
DEPT OF MOTOR VEHICLES TARGET STORES
EXXON SERVICES STATIONS USA SERVICE STATIONS
HOME DEPOT VERIZON WIRELESS
JACK IN THE BOX RESTAURANTS WAL MART STORES
KOHL’S DEPARTMENT STORES WALGREEN'S DRUG STORES
LOWE’S HOME CENTERS
13
Riverside County Transportation Commission
www.MuniServices.com (800) 800‐8181 Page 3
HISTORICAL SALES TAX AMOUNTS
The following chart shows the sales tax level from sales through September 2016, the highs, and the
lows for each segment over the last two years.
ANNUAL SALES TAX BY BUSINESS CATEGORY
14
Riverside County Transportation Commission
www.MuniServices.com (800) 800‐8181 Page 4
FIVE-YEAR ECONOMIC TREND: Auto Sales - New
FINAL RESULTS: April-June 2016 Sales
Local Net Cash Collections $42,467,181
Less: Pool Amounts ($-501,550)
Less: Prior Quarter Payments ($2,148,487)
Add: Late Payments $1,646,344
Local Net Economic Collections after Adjustments $42,466,589
Percent Change from April-June 2015 Sales UP BY 2.3%
MUNISERVICES’ ON-GOING AUDIT RESULTS
This Quarter $353,998
Total to Date $7,204,199
15
RCTC 1/2%: Sales Tax Performance Analysis by QuarterTOTALConfidentialEconomicTOTAL2016Q3 QoQ %∆QoQ $∆YoY %∆YoY $∆$41,663,508 3.2% $1,308,703 2.6% $4,331,104GENERAL RETAIL2016Q3 QoQ %∆QoQ $∆YoY %∆YoY $∆$11,231,948 4.0% $435,853 3.0% $1,420,43327.0%FOOD PRODUCTS2016Q3 QoQ %∆QoQ $∆YoY %∆YoY $∆$7,027,055 4.6% $311,551 5.2% $1,486,817% of Total: 16.9%TRANSPORTATION2016Q3 QoQ %∆QoQ $∆YoY %∆YoY $∆$10,952,064-2.0% -$224,727 -1.1% -$494,686% of Total: 26.3%CONSTRUCTION2016Q3 QoQ %∆QoQ $∆YoY %∆YoY $∆$4,778,442 3.7% $168,451 4.4% $783,111% of Total: 11.5%BUSINESS TO BUSINESS2016Q3 QoQ %∆QoQ $∆YoY %∆YoY $∆$6,676,684 8.6% $528,583 3.6% $904,497% of Total: 16.0%Q4 Q1 Q2 Q3TOTALCATEGORYQoQ = 16Q3 / 15Q3 YoY = YE 16Q3 / YE 15Q3% of 2016Q3 Total:$0$2,000,000$4,000,000$6,000,000$8,000,000$10,000,000$12,000,000$14,000,000$16,000,000$0$5,000,000$10,000,000$15,000,000$20,000,000$25,000,000$30,000,000$35,000,000$40,000,000$45,000,000$50,000,0002011Q32011Q42012Q12012Q22012Q32012Q42013Q12013Q22013Q32013Q42014Q12014Q22014Q32014Q42015Q12015Q22015Q32015Q42016Q12016Q22016Q3ATTACHMENT 216
ATTACHMENT 3
17
AGENDA ITEM 6C
Agenda Item 6C.
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
DATE: February 27, 2017
TO: Budget and Implementation Committee
FROM: Megan Kavand, Senior Financial Analyst
Michele Cisneros, Deputy Finance Director
THROUGH: Theresia Trevino, Chief Financial Officer
SUBJECT: Quarterly Investment Report
STAFF RECOMMENDATION:
This item is for the Committee to:
1) Receive and file the Quarterly Investment Report for the quarter ended December 31,
2016; and
2) Forward to the Commission for final action.
BACKGROUND INFORMATION:
For many years and as a result of a low interest rate environment, the Commission’s quarterly
investment reports reflected investments primarily concentrated in the Riverside County Pooled
Investment Fund (RCPIF). Other investments included the state Local Agency Investment Fund
and mutual funds.
In connection with the issuance of sales tax revenue bonds and toll revenue bonds and the
execution of Transportation Infrastructure Finance and Innovation Act (TIFIA) loan for the State
Route 91 Corridor Improvement Project (91 Project), the Commission anticipated the need to
engage an investment manager for the bond proceeds and other required funds. Additionally,
the Commission desired to engage an investment manager to provide investment advisory and
management services related to the Commission’s operating funds. Accordingly, at its May 2013
meeting, the Commission awarded two investment management services agreements to Logan
Circle Partners, L.P. (Logan) for 91 Project funds and to Payden & Rygel Investment Management
(Payden & Rygel) for Commission operating funds.
Logan invested the 91 Project debt proceeds during the first quarter of FY 2013/14 in the
Short-Term Actively Managed Program (STAMP). Payden & Rygel was authorized to make
specific investments for the Commission’s operating funds beginning with the third quarter of
FY 2014/15. Since June 2015, the Commission funded its annual 91 Project equity contributions
approximating $67.8 million; the funds are invested by Logan in a separate STAMP account.
18
Agenda Item 6C.
The quarterly investment report for the second quarter of FY 2016/17 as required by state law
and Commission policy reflects the investment activities resulting from the 91 Project and
available operating cash. The quarterly investment report includes the following information:
• Investment Portfolio Report;
• STAMP Portfolio by Investment Category;
• STAMP Portfolio by Account;
• STAMP Portfolio Transaction Report by Account;
• STAMP Portfolio Summary of investments by credit rating, industry group, asset class,
security type, and market sector;
• STAMP Portfolio Toll Revenue Project Senior Lien Fund Summary of investments by credit
rating, industry group, asset class, security type, and market sector;
• STAMP Portfolio Toll Revenue Project Sales Tax Revenue Fund Summary of investments
by credit rating, industry group, asset class, security type, and market sector;
• STAMP Portfolio Toll Revenue Series A & Series B Reserve Fund Summary of investments
by credit rating, industry group, asset class, security type, and market sector;
• STAMP Portfolio Toll Revenue Project Capitalized Interest Fund Summary of investments
by credit rating, industry group, asset class, security type, and market sector;
• STAMP Portfolio Sales Tax Revenue Capitalized Interest Fund Summary of investment by
credit rating, industry group, asset class, security type, and market sector;
• STAMP Portfolio Sales Tax Equity Fund Summary of investment by credit rating, industry
group, asset class, security type, and market sector;
• Logan Circle Partners, L.P. Short Duration Fourth Quarter 2016 Review;
• Payden & Rygel Operating Portfolio by Investment Category;
• Payden & Rygel Operating Portfolio Transaction Report;
• Payden & Rygel Operating Portfolio Fourth Quarter 2016 Review; and
• County of Riverside Investment Report for the Quarter Ended December 31, 2016.
The Commission’s investments were in full compliance with the Commission’s investment policy
adopted on April 13, 2016, and investments securities permitted under the indenture for the
Commission’s sales tax revenue bonds and the master indenture for the Commission’s toll
revenue bonds. Additionally, the Commission has adequate cash flows for the next six months.
Attachments:
1) Investment Portfolio Report
2) STAMP Portfolio by Investment Category
3) STAMP Portfolio by Account
4) STAMP Portfolio Transaction Report by Account
5) STAMP Portfolio Summary of Investments
6) STAMP Portfolio Toll Revenue Project Senior Lien Fund Summary of Investments
7) STAMP Portfolio Toll Revenue Project Sales Tax Revenue Fund Summary of Investments
8) STAMP Portfolio Toll Revenue Series A & Series B Reserve Fund Summary of Investments
9) STAMP Portfolio Toll Revenue Project Capitalized Interest Fund Summary of Investments
19
Agenda Item 6C.
10) STAMP Portfolio Sales Tax Revenue Capitalized Interest Fund Summary of Investments
11) STAMP Portfolio Sales Tax Equity Fund Summary of Investments
12) Payden & Rygel Operating Portfolio by Investment Category
13) Payden & Rygel Operating Portfolio Transaction Report
14) Logan Circle Partners, L.P. Short Duration Quarterly Review
15) Payden & Rygel Operating Portfolio Quarterly Review
16) County of Riverside Investment Report
20
Riverside County Transportation Commission
Investment Portfolio Report
Period Ended: December 31, 2016
FAIR VALUE
RATING
MOODYS/FITCH/S&P
COUPON
RATE
PAR
VALUE
PURCHASE
DATE
MATURITY
DATE
YIELD TO
MATURITY
PURCHASE
COST
MARKET
VALUE
UNREALIZED
GAIN (LOSS)
OPERATING FUNDS
City National Bank Deposits 28,828,156 A3/BBB+N/A N/A
County Treasurer's Pooled Investment Fund 381,462,806 Aaa-bf/AAA/V1 N/A 0.76%
Local Agency Investment Fund (LAIF)3,659,718 Not Rated N/A N/A
Subtotal Operating Funds 413,950,680
FUNDS HELD IN TRUST
County Treasurer's Pooled Investment Fund:
Local Transportation Fund 85,474,465 Aaa-bf/AAA/V1 N/A 0.76%
Subtotal Funds Held in Trust 85,474,465
COMMISSION MANAGED PORTFOLIO
US Bank Payden & Rygel Operating 50,567,051
First American Government Obligation Fund 7,548,491 Aaa-mf/-/AAAm N/A N/A
Subtotal Commission Managed Portfolio 58,115,543
STAMP PORTFOLIO for 91 CIP
Toll Revenue Project Senior Lien Fund 9,845,875
Toll Revenue Project Sales Tax Revenue Fund 57
Series A & Series B Reserve Fund 17,642,718
Toll Revenue Project Capitalized Interest Fund 8,091,951
Sales Tax Revenue Capitalized Interest Fund 24,595,272
Sales Tax Revenue Equity Fund 57,734,448
Subtotal STAMP Portfolio 117,910,320
TOTAL All Cash and Investments 675,451,008$
See attached report for details
See attached report for details
See attached report for details
See attached report for details
See attached report for details
See attached report for details
See attached report for details
2.61%1.46%4.84%
8.55%8.60%
12.65%
61.29%
$-
$50,000,000
$100,000,000
$150,000,000
$200,000,000
$250,000,000
$300,000,000
$350,000,000
$400,000,000
$450,000,000
STAMP Portfolio for 91 CIP Reserve
STAMP Portfolio for 91 CIP Project Fund
STAMP Portfolio for 91 CIP Capitalized
Interest
STAMP Portfolio for 91 CIP Equity
Commission Managed Portfolio
Trust Funds
Operating Funds
Nature of Investments
1.12% Mutual
Funds
73.40% County
Pool/Cash
0.54% LAIF
24.68% Fixed
Income
0.09% Money
Market Funds
0.17% Cash
21
ATTACHMENT 1
Page 2 of 32
Source
Account Account Identifier
Security Type
Category Issuer
Final
Maturity Trade Date Current Face Value Original Cost
Next Call
Date Base Market Value
Base Net Total
Unrealized
Gain/Loss Coupon Yield
Summarized
Credit Rating
256350005 LC-Project Fund-Toll 2 313385AD8 Agency FHLBanks Office of Finance 01/04/2017 12/29/2016 300,000.00 299,979.50 ---299,997.00 7.25 0.000 0.073 AAA
256350001 LC-Project Fund-2 Senior Lien 313397AJ0 Agency Federal Home Loan Mortgage Corporation 01/09/2017 12/30/2016 400,000.00 399,950.56 ---399,976.00 15.55 0.000 0.220 AAA
256350023 LC-Sr Lien Reserve Fund-1 3135G0D75 Agency Federal National Mortgage Association 06/22/2020 05/06/2015 600,000.00 593,490.00 ---597,204.00 1,679.09 1.500 1.638 AAA
256350001 LC-Project Fund-2 Senior Lien 313385AV8 Agency FHLBanks Office of Finance 01/20/2017 12/30/2016 300,000.00 299,916.00 ---299,946.00 22.00 0.000 0.314 AAA
256350001 LC-Project Fund-2 Senior Lien 313385AD8 Agency FHLBanks Office of Finance 01/04/2017 12/30/2016 1,000,000.00 999,945.28 ---999,990.00 22.83 0.000 0.073 AAA
256350005 LC-Project Fund-Toll 2 3133EECD0 Agency
Farm Credit Banks Consolidated Systemwide Bonds And
Discount Notes 06/20/2017 06/15/2015 500,000.00 500,308.15 ---500,325.00 253.73 0.769 0.664 AAA
256350023 LC-Sr Lien Reserve Fund-1 3137EADR7 Agency Federal Home Loan Mortgage Corporation 05/01/2020 05/15/2015 475,000.00 471,527.75 ---471,318.75 (1,317.95) 1.375 1.614 AAA
256350023 LC-Sr Lien Reserve Fund-1 3137EADB2 Agency Federal Home Loan Mortgage Corporation 01/13/2022 ---950,000.00 942,921.50 ---965,589.50 15,948.28 2.375 2.030 AAA
256350001 LC-Project Fund-2 Senior Lien 313385AF3 Agency FHLBanks Office of Finance 01/06/2017 ---850,000.00 849,917.85 ---849,974.50 29.71 0.000 0.157 AAA
256350001 LC-Project Fund-2 Senior Lien 313385AT3 Agency FHLBanks Office of Finance 01/18/2017 12/30/2016 300,000.00 299,924.00 ---299,952.00 20.00 0.000 0.308 AAA
256350001 LC-Project Fund-2 Senior Lien 313385AN6 Agency FHLBanks Office of Finance 01/13/2017 12/30/2016 825,000.00 824,856.60 ---824,909.25 32.17 0.000 0.288 AAA
256350005 LC-Project Fund-Toll 2 313397AD3 Agency Federal Home Loan Mortgage Corporation 01/04/2017 12/29/2016 450,000.00 449,971.88 ---449,995.50 12.37 0.000 0.073 AAA
205091001 LC-2013 A Capitalized Interest 31392HWL3 Agency CMO Federal National Mortgage Association 02/25/2018 07/12/2013 11,240.53 11,865.79 ---11,429.93 29.89 5.000 0.742 AAA
256350023 LC-Sr Lien Reserve Fund-1 3137AJMF8 Agency CMO Federal Home Loan Mortgage Corporation 10/25/2021 08/05/2015 30,000.00 31,038.28 ---30,909.30 114.42 2.968 2.237 AAA
205091001 LC-2013 A Capitalized Interest 31392F6C6 Agency CMO Federal National Mortgage Association 12/25/2017 07/09/2013 62,300.24 66,086.92 ---63,036.01 (101.36) 5.000 1.131 AAA
256350023 LC-Sr Lien Reserve Fund-1 38377JZ89 Agency CMO
The Government National Mortgage Association
Guaranteed REMIC Pass-Through Securities 10/20/2039 07/05/2013 98,167.11 101,169.64 ---100,772.46 511.31 3.500 2.175 AAA
205091001 LC-2013 A Capitalized Interest 31393EXC8 Agency CMO Federal National Mortgage Association 09/25/2018 07/24/2013 118,045.94 124,796.70 ---121,141.10 775.53 4.500 0.019 AAA
256350022 LC-Sr Lien Ob Fund-1 Interest 31393EXC8 Agency CMO Federal National Mortgage Association 09/25/2018 07/24/2013 13,116.22 13,866.30 ---13,460.12 86.17 4.500 0.019 AAA
256350005 LC-Project Fund-Toll 2 3137AH6Q6 Agency CMO Federal Home Loan Mortgage Corporation 08/25/2018 06/24/2016 468,155.93 479,786.69 ---473,993.84 (2,748.30) 2.412 1.455 AAA
256350023 LC-Sr Lien Reserve Fund-1 31392JJ83 Agency CMO Federal National Mortgage Association 03/25/2018 07/08/2013 8,384.74 8,845.90 ---8,508.07 6.69 5.000 1.250 AAA
256350023 LC-Sr Lien Reserve Fund-1 38376GB33 Agency CMO
The Government National Mortgage Association
Guaranteed REMIC Pass-Through Securities 10/16/2044 01/23/2015 316,320.69 324,692.20 ---320,040.62 (3,672.95) 3.500 2.248 AAA
256350023 LC-Sr Lien Reserve Fund-1 3137AUPE3 Agency CMO Federal Home Loan Mortgage Corporation 06/25/2022 ---379,000.00 366,344.03 ---379,958.87 8,536.55 2.396 2.325 AAA
256350005 LC-Project Fund-Toll 2 38378BR35 Agency CMO Government National Mortgage Association 11/16/2042 07/10/2015 329,348.44 321,938.10 ---318,558.99 (3,575.46) 1.333 2.061 AAA
256350023 LC-Sr Lien Reserve Fund-1 38378CRT6 Agency CMO
The Government National Mortgage Association
Guaranteed REMIC Pass-Through Securities 10/20/2040 05/22/2014 85,600.51 82,657.99 ---84,824.97 1,808.05 2.000 2.296 AAA
256350023 LC-Sr Lien Reserve Fund-1 38376T5Z1 Agency CMO
The Government National Mortgage Association
Guaranteed REMIC Pass-Through Securities 01/16/2039 01/26/2015 128,091.10 133,823.18 ---131,639.23 (1,400.25) 3.000 2.092 AAA
256350023 LC-Sr Lien Reserve Fund-1 38377RSZ9 Agency CMO
The Government National Mortgage Association
Guaranteed REMIC Pass-Through Securities 06/16/2039 01/21/2015 36,011.60 38,165.42 ---37,278.49 (483.96) 4.500 1.300 AAA
256350005 LC-Project Fund-Toll 2 3137A85H7 Agency CMO Federal Home Loan Mortgage Corporation 12/15/2039 07/13/2015 112,093.89 116,857.87 ---115,813.16 (838.47) 3.500 2.043 AAA
256350005 LC-Project Fund-Toll 2 3137A1LC5 Agency CMO Federal Home Loan Mortgage Corporation 08/15/2020 08/31/2015 61,835.19 62,820.69 ---62,254.43 (294.50) 2.000 1.372 AAA
256350022 LC-Sr Lien Ob Fund-1 Interest 3136A4M89 Agency CMO Federal National Mortgage Association 01/25/2019 07/05/2013 138,489.22 139,371.01 ---138,914.38 205.73 1.934 1.793 AAA
256350023 LC-Sr Lien Reserve Fund-1 38378BX20 Agency CMO Government National Mortgage Association 06/16/2051 03/17/2015 56,459.22 55,203.41 ---54,408.62 (773.03) 1.240 2.008 AAA
256350023 LC-Sr Lien Reserve Fund-1 38380AZ34 Agency CMO
The Government National Mortgage Association
Guaranteed REMIC Pass-Through Securities 04/20/2046 11/28/2016 174,496.23 179,372.14 ---177,875.43 (2,016.89) 3.000 2.624 AAA
256350023 LC-Sr Lien Reserve Fund-1 38378B7E3 Agency CMO Government National Mortgage Association 05/16/2046 ---286,665.84 276,780.70 ---271,710.49 (5,404.18) 1.744 2.691 AAA
256350005 LC-Project Fund-Toll 2 3133XY2H7 Agency CMO FHLBanks Office of Finance 04/20/2017 07/13/2015 217,945.73 223,871.14 ---219,303.54 77.48 2.900 0.858 AA
256350023 LC-Sr Lien Reserve Fund-1 38377RVK8 Agency CMO
The Government National Mortgage Association
Guaranteed REMIC Pass-Through Securities 04/20/2039 ---146,940.68 151,084.86 ---150,712.65 693.38 3.000 2.063 AAA
256350023 LC-Sr Lien Reserve Fund-1 3137ASNH3 Agency CMO Federal Home Loan Mortgage Corporation 09/25/2021 07/03/2013 288,215.94 281,652.27 ---285,290.55 842.17 1.459 1.889 AAA
256350023 LC-Sr Lien Reserve Fund-1 3136A72D3 Agency CMO Federal National Mortgage Association 04/25/2022 07/03/2013 395,000.00 375,250.00 ---395,983.55 13,716.81 2.482 2.473 AAA
256350022 LC-Sr Lien Ob Fund-1 Interest 3137ASNH3 Agency CMO Federal Home Loan Mortgage Corporation 09/25/2021 08/15/2013 288,215.94 280,650.27 ---285,290.55 1,480.08 1.459 1.889 AAA
205091001 LC-2013 A Capitalized Interest 31392FPP6 Agency CMO Federal National Mortgage Association 11/25/2017 07/15/2013 36,656.58 38,821.61 ---37,045.14 (70.99) 5.000 1.201 AAA
256350005 LC-Project Fund-Toll 2 31394GH22 Agency CMO Federal Home Loan Mortgage Corporation 07/15/2018 07/20/2015 53,774.23 55,740.35 ---54,703.99 (50.87) 4.500 0.906 AAA
256350023 LC-Sr Lien Reserve Fund-1 38378B7F0 Agency CMO Government National Mortgage Association 12/16/2042 ---450,000.00 427,324.22 ---434,479.50 6,090.84 2.273 2.891 AAA
256350023 LC-Sr Lien Reserve Fund-1 38376WA62 Agency CMO
The Government National Mortgage Association
Guaranteed REMIC Pass-Through Securities 10/20/2039 01/21/2015 89,796.54 94,276.39 ---95,354.94 684.17 4.000 1.467 AAA
256350023 LC-Sr Lien Reserve Fund-1 38378TAF7 Agency CMO
The Government National Mortgage Association
Guaranteed REMIC Pass-Through Securities 07/20/2041 07/05/2013 192,218.07 192,247.05 ---194,903.36 2,810.40 2.500 2.063 AAA
256350022 LC-Sr Lien Ob Fund-1 Interest 31393V2T7 Agency CMO Federal Home Loan Mortgage Corporation 06/15/2018 07/08/2013 65,265.32 69,028.27 ---66,800.36 288.48 4.500 0.140 AAA
205091001 LC-2013 A Capitalized Interest 31393V2T7 Agency CMO Federal Home Loan Mortgage Corporation 06/15/2018 07/08/2013 214,882.57 227,271.89 ---219,936.61 949.81 4.500 0.140 AAA
256350023 LC-Sr Lien Reserve Fund-1 3137ATRW4 Agency CMO Federal Home Loan Mortgage Corporation 05/25/2022 12/21/2016 125,000.00 124,804.69 ---125,220.00 414.95 2.373 2.317 AAA
256350005 LC-Project Fund-Toll 2 3136A2HB2 Agency CMO Federal National Mortgage Association 03/25/2040 08/17/2016 518,671.08 529,692.84 ---516,373.36 (13,196.00) 2.250 2.340 AAA
256350023 LC-Sr Lien Reserve Fund-1 31395EZP5 Agency CMO Federal Home Loan Mortgage Corporation 08/15/2019 07/09/2013 46,687.26 49,393.66 ---47,976.76 98.93 4.500 1.081 AAA
256350023 LC-Sr Lien Reserve Fund-1 38378KXW4 Agency MBS
The Government National Mortgage Association
Guaranteed REMIC Pass-Through Securities 02/16/2037 12/11/2014 187,936.47 187,026.16 ---185,130.58 (1,962.32) 1.705 2.145 AAA
256350005 LC-Project Fund-Toll 2 36225FGM5 Agency MBS Ginnie Mae II 08/20/2041 08/06/2015 0.00 0.01 ---- (0.01) 2.125 1.707 AAA
256350005 LC-Project Fund-Toll 2 3138ELY64 Agency MBS Federal National Mortgage Association/Fannie Mae 02/01/2023 07/07/2016 201,566.78 221,660.46 ---218,069.05 (2,607.18) 6.000 1.595 AAA
256350023 LC-Sr Lien Reserve Fund-1 31413XVG5 Agency MBS Federal National Mortgage Association 06/01/2019 08/04/2014 200,000.00 218,500.00 ---203,028.00 (6,213.65) 4.506 3.770 AAA
256350023 LC-Sr Lien Reserve Fund-1 3138L76A9 Agency MBS Federal National Mortgage Association/Fannie Mae 11/01/2021 10/04/2016 125,000.00 129,511.72 ---126,515.00 (2,789.84) 2.590 2.286 AAA
256350023 LC-Sr Lien Reserve Fund-1 38379KDN5 Agency MBS Government National Mortgage Association 09/16/2055 08/05/2015 184,517.28 179,803.43 ---178,481.72 (1,698.68) 2.103 2.607 AAA
256350023 LC-Sr Lien Reserve Fund-1 3136A4M48 Agency MBS Federal National Mortgage Association 01/25/2022 07/05/2013 304,118.99 304,974.32 ---304,389.65 1.51 2.098 2.048 AAA
256350005 LC-Project Fund-Toll 2 38378NNA7 Agency MBS
The Government National Mortgage Association
Guaranteed REMIC Pass-Through Securities 05/16/2038 06/26/2015 459,169.22 462,308.07 ---458,746.79 (3,320.04) 2.250 2.195 AAA
256350023 LC-Sr Lien Reserve Fund-1 31381PEB0 Agency MBS Federal National Mortgage Association 11/01/2020 09/26/2014 260,287.58 274,074.69 ---272,992.22 4,168.87 3.370 1.949 AAA
256350023 LC-Sr Lien Reserve Fund-1 38378KRS0 Agency MBS
The Government National Mortgage Association
Guaranteed REMIC Pass-Through Securities 07/16/2043 05/08/2015 450,000.00 434,460.94 ---436,653.00 1,431.16 2.389 2.742 AAA
STAMP Portfolio by Investment Category for quarter ended December 31, 2016
22
ATTACHMENT 2
Page 3 of 32
Source
Account Account Identifier
Security Type
Category Issuer
Final
Maturity Trade Date Current Face Value Original Cost
Next Call
Date Base Market Value
Base Net Total
Unrealized
Gain/Loss Coupon Yield
Summarized
Credit Rating
STAMP Portfolio by Investment Category for quarter ended December 31, 2016
256350023 LC-Sr Lien Reserve Fund-1 38378KWU9 Agency MBS
The Government National Mortgage Association
Guaranteed REMIC Pass-Through Securities 11/16/2041 ---81,643.04 79,725.84 ---78,541.42 (1,281.84) 1.400 2.465 AAA
256350023 LC-Sr Lien Reserve Fund-1 38378XP62 Agency MBS
The Government National Mortgage Association
Guaranteed REMIC Pass-Through Securities 05/16/2055 05/14/2015 384,307.02 389,050.81 ---379,510.86 (9,237.67) 2.500 2.673 AAA
256350023 LC-Sr Lien Reserve Fund-1 3138EKXL4 Agency MBS Federal National Mortgage Association/Fannie Mae 03/01/2023 12/21/2016 291,984.66 288,699.84 ---292,072.26 3,393.79 2.356 2.331 AAA
256350023 LC-Sr Lien Reserve Fund-1 3137B1U75 Agency MBS Federal Home Loan Mortgage Corporation 01/25/2023 08/29/2016 380,000.00 394,917.97 ---380,364.80 (13,696.22) 2.522 2.483 AAA
256350023 LC-Sr Lien Reserve Fund-1 31381T4E7 Agency MBS Federal National Mortgage Association/Fannie Mae 03/01/2022 10/25/2016 274,151.50 286,434.78 ---278,705.16 (7,367.80) 2.670 2.283 AAA
256350023 LC-Sr Lien Reserve Fund-1 31404WTT3 Agency MBS Federal National Mortgage Association 05/01/2019 12/31/2013 0.01 0.01 ---0.01 (0.00) 4.500 1.489 AAA
256350023 LC-Sr Lien Reserve Fund-1 31417YKF3 Agency MBS Federal National Mortgage Association 01/01/2030 07/10/2013 109,244.49 115,252.93 ---117,497.91 2,220.70 4.500 2.393 AAA
256350023 LC-Sr Lien Reserve Fund-1 31385XBG1 Agency MBS Federal National Mortgage Association 03/01/2018 09/13/2013 2,414.54 2,571.48 ---2,427.62 (7.58) 6.000 1.924 AAA
256350022 LC-Sr Lien Ob Fund-1 Interest 31402RBG3 Agency MBS Federal National Mortgage Association 09/01/2019 ---17,623.74 18,904.06 ---18,100.99 (110.34) 6.000 1.839 AAA
205091001 LC-2013 A Capitalized Interest 31402RBG3 Agency MBS Federal National Mortgage Association 09/01/2019 ---60,270.64 64,642.93 ---61,902.77 (375.37) 6.000 1.839 AAA
256350022 LC-Sr Lien Ob Fund-1 Interest 31385JLF3 Agency MBS Federal National Mortgage Association 08/01/2017 09/18/2013 20,832.00 22,238.16 ---20,950.74 (74.45) 6.000 1.802 AAA
256350023 LC-Sr Lien Reserve Fund-1 38378KSL4 Agency MBS
The Government National Mortgage Association
Guaranteed REMIC Pass-Through Securities 12/16/2046 ---425,000.00 415,829.11 ---406,448.75 (9,599.75) 2.785 3.011 AAA
256350023 LC-Sr Lien Reserve Fund-1 3138EJPZ5 Agency MBS Federal National Mortgage Association 07/01/2022 08/29/2016 337,153.97 358,107.56 ---348,010.33 (8,741.66) 2.973 2.090 AAA
256350005 LC-Project Fund-Toll 2 36225EUY6 Agency MBS Ginnie Mae II 09/20/2039 09/17/2015 86,204.86 88,656.32 ---88,787.56 263.68 2.125 1.172 AAA
256350023 LC-Sr Lien Reserve Fund-1 3138L33G8 Agency MBS Federal National Mortgage Association/Fannie Mae 06/01/2020 11/12/2015 100,000.00 99,875.00 ---100,184.00 332.09 2.010 1.923 AAA
256350023 LC-Sr Lien Reserve Fund-1 31381Q6B7 Agency MBS Federal National Mortgage Association/Fannie Mae 06/01/2021 07/15/2016 190,238.67 210,986.58 ---205,743.12 (3,400.65) 4.295 2.231 AAA
205091001 LC-2013 A Capitalized Interest 31410GSQ7 Agency MBS Federal National Mortgage Association 12/01/2017 07/05/2013 24,323.91 26,117.80 ---24,563.99 (118.27) 6.000 2.014 AAA
256350023 LC-Sr Lien Reserve Fund-1 38378B6A2 Agency MBS Government National Mortgage Association 11/16/2052 01/22/2015 130,179.62 126,075.90 ---125,564.75 (533.66) 1.826 2.693 AAA
256350023 LC-Sr Lien Reserve Fund-1 3136A7MN9 Agency MBS Federal National Mortgage Association 05/25/2022 08/29/2016 300,000.00 308,578.13 ---296,244.00 (11,826.83) 2.349 2.487 AAA
205091001 LC-2013 A Capitalized Interest 36200AFG9 Agency MBS Government National Mortgage Association 11/15/2017 07/09/2013 7,919.89 8,439.63 ---7,997.19 (49.31) 5.500 2.180 AAA
205091001 LC-2013 A Capitalized Interest 3128MBTH0 Agency MBS Federal Home Loan Mortgage Corporation 03/01/2019 07/26/2013 41,932.00 44,447.92 ---42,959.33 73.05 5.000 1.141 AAA
256350023 LC-Sr Lien Reserve Fund-1 36202F2H8 Agency MBS Ginnie Mae II 01/20/2027 11/14/2016 237,469.41 246,448.73 ---245,184.80 (1,308.75) 3.000 2.047 AAA
205091001 LC-2013 A Capitalized Interest 36290WH47 Agency MBS Government National Mortgage Association 09/15/2018 07/18/2013 384,191.03 408,202.98 ---392,566.39 (866.86) 4.500 1.082 AAA
205091001 LC-2013 A Capitalized Interest 3128H4NR6 Agency MBS Federal Home Loan Mortgage Corporation 05/01/2018 07/16/2013 26,718.03 28,304.41 ---27,372.62 158.57 5.000 0.152 AAA
205091001 LC-2013 A Capitalized Interest 31402QT68 Agency MBS Federal National Mortgage Association 10/01/2019 07/11/2013 84,454.50 91,237.25 ---87,285.41 (665.35) 6.000 1.893 AAA
205091001 LC-2013 A Capitalized Interest 3128PGLY7 Agency MBS Federal Home Loan Mortgage Corporation 05/01/2017 07/17/2013 22,713.99 23,934.86 ---23,270.48 442.09 5.000 -10.643 AAA
256350023 LC-Sr Lien Reserve Fund-1 3136AHAE0 Agency MBS Federal National Mortgage Association/Fannie Mae 04/25/2023 10/28/2016 235,396.90 240,472.65 ---232,715.73 (7,638.62) 2.505 2.605 AAA
256350023 LC-Sr Lien Reserve Fund-1 3128MMAK9 Agency MBS Federal Home Loan Mortgage Corporation 09/01/2019 07/08/2013 0.01 0.01 ---0.01 (0.00) 5.000 1.663 AAA
205091001 LC-2013 A Capitalized Interest 31401MWC1 Agency MBS Federal National Mortgage Association 06/01/2018 07/12/2013 267,363.80 285,076.66 ---274,783.15 2,312.68 4.500 -0.235 AAA
205091001 LC-2013 A Capitalized Interest 3128PHVS7 Agency MBS Federal Home Loan Mortgage Corporation 11/01/2019 07/16/2013 18,685.53 19,689.88 ---19,143.33 123.00 5.000 -0.189 AAA
205091001 LC-2013 A Capitalized Interest 3132FEAK7 Agency MBS Federal Home Loan Mortgage Corporation 12/01/2017 07/03/2013 37,725.08 39,976.80 ---38,649.35 343.70 5.000 -1.615 AAA
256350005 LC-Project Fund-Toll 2 55315FAB6 Asset Backed MMAF EQUIPMENT FINANCE LLC 12/17/2018 05/03/2016 275,000.00 274,996.84 ---275,099.00 100.40 1.390 1.325 AAA
256350005 LC-Project Fund-Toll 2 47787UAD5 Asset Backed John Deere Owner Trust 2015 06/17/2019 ---600,000.00 600,819.73 ---600,150.00 (264.27) 1.320 1.280 AAA
256350005 LC-Project Fund-Toll 2 161571FK5 Asset Backed Chase Issuance Trust 08/16/2021 12/10/2015 150,000.00 148,359.38 ---149,020.50 204.77 1.580 1.842 AAA
256350005 LC-Project Fund-Toll 2 02582JGG9 Asset Backed American Express Credit Account Master Trust 05/17/2021 02/26/2016 300,000.00 300,468.75 ---300,921.00 188.64 1.124 1.023 AAA
256350005 LC-Project Fund-Toll 2 36159LBW5 Asset Backed GE Dealer Floorplan Master Not 04/22/2019 ---500,000.00 501,164.06 ---500,575.00 86.19 1.489 1.167 AAA
256350005 LC-Project Fund-Toll 2 65478QAD0 Asset Backed Nissan Auto Lease Trust 2016-A 03/15/2019 05/17/2016 155,000.00 154,992.99 ---155,106.95 111.87 1.490 1.444 AAA
256350005 LC-Project Fund-Toll 2 58769AAD8 Asset Backed Mercedes-Benz Auto Lease Trust 2015-B 07/16/2018 ---600,000.00 600,906.74 ---600,456.00 (36.88) 1.340 1.220 AAA
256350005 LC-Project Fund-Toll 2 90290KAD7 Asset Backed USAA Auto Owner Trust 2014-1 05/15/2019 06/12/2015 337,501.27 336,736.62 ---337,406.77 127.27 0.940 0.996 AAA
256350005 LC-Project Fund-Toll 2 43814KAC5 Asset Backed Honda Auto Receivables 2015-1 Owner Trust 10/15/2018 06/02/2016 440,159.61 440,228.39 ---439,904.32 (297.26) 1.050 1.162 AAA
256350005 LC-Project Fund-Toll 2 161571HB3 Asset Backed Chase Issuance Trust 05/17/2021 06/07/2016 500,000.00 500,878.91 ---501,560.00 370.35 1.114 1.051 AAA
256350005 LC-Project Fund-Toll 2 05582XAD4 Asset Backed BMW VEHICLE LEASE TRUST 09/20/2019 10/04/2016 545,000.00 544,927.95 ---545,223.45 287.21 1.430 1.410 AAA
256350005 LC-Project Fund-Toll 2 58772PAC2 Asset Backed Mercedes-Benz Auto Receivables Trust 2015-1 06/15/2018 08/04/2015 0.01 0.01 ---0.01 - 0.974 1.014 AAA
256350005 LC-Project Fund-Toll 2 58768MAD3 Asset Backed MERCEDES-BENZ AUTO LEASE TRUST 06/15/2022 10/18/2016 190,000.00 189,983.00 ---188,708.00 (1,276.34) 1.520 1.869 AAA
256350005 LC-Project Fund-Toll 2 161571GQ1 Asset Backed Chase Issuance Trust 11/15/2019 10/28/2015 120,000.00 120,510.94 ---120,104.40 (115.64) 1.380 1.283 AAA
256350005 LC-Project Fund-Toll 2 36159LCR5 Asset Backed GE Dealer Floorplan Master Not 01/20/2020 06/07/2016 110,000.00 109,759.38 ---110,162.80 226.41 1.239 1.142 AAA
256350005 LC-Project Fund-Toll 2 477877AD6 Asset Backed John Deere Owner Trust 2014-B 11/15/2018 ---280,998.31 280,978.55 ---280,978.64 (6.58) 1.070 1.088 AAA
256350005 LC-Project Fund-Toll 2 60689LAC9 Asset Backed MMAF EQUIPMENT FINANCE LLC 12/11/2017 08/05/2015 4,508.72 4,510.84 ---4,508.32 (0.48) 1.030 1.394 AAA
256350005 LC-Project Fund-Toll 2 65474VAL5 Asset Backed Nissan Master Owner Trust Receivables 06/15/2021 07/12/2016 225,000.00 224,967.96 ---223,575.75 (1,402.13) 1.540 1.810 AAA
256350005 LC-Project Fund-Toll 2 55315GAC2 Asset Backed MMAF EQUIPMENT FINANCE LLC 10/16/2019 ---271,935.58 271,049.32 ---271,473.28 (91.94) 1.390 1.610 AAA
256350005 LC-Project Fund-Toll 2 62888WAA4 CMO
NATIONAL CREDIT UNION ADMINISTRATION
GUARANTEED NOTES TRUST 12/08/2020 ---475,510.62 477,394.95 ---476,775.48 (379.14) 1.079 1.280 AAA
256350005 LC-Project Fund-Toll 2 62888YAA0 CMO NCUA Guaranteed Notes Trust 2011-R1 01/08/2020 07/14/2015 180,371.16 181,244.83 ---180,730.10 (229.22) 0.969 1.280 AAA
256350001 LC-Project Fund-2 Senior Lien 06538BN58 CP The Bank of Tokyo-Mitsubishi UFJ, Ltd.01/05/2017 12/29/2016 1,000,000.00 999,873.61 ---999,960.00 32.22 0.000 0.288 AAA
256350022 LC-Sr Lien Ob Fund-1 Interest 43357LND0 CP Hitachi Capital America Corp.01/13/2017 12/20/2016 200,000.00 199,863.11 ---199,960.00 34.67 0.000 0.555 AA
256350001 LC-Project Fund-2 Senior Lien 06538BNH2 CP The Bank of Tokyo-Mitsubishi UFJ, Ltd.01/17/2017 10/17/2016 1,000,000.00 997,827.78 ---999,720.00 97.78 0.000 0.594 AAA
256350005 LC-Project Fund-Toll 2 83700ENK0 CP South Carolina Electric & Gas Company 01/19/2017 12/20/2016 3,100,000.00 3,097,588.88 ---3,099,008.00 558.01 0.000 0.607 AA
256350001 LC-Project Fund-2 Senior Lien 22533TNH5 CP Credit Agricole Corporate and Investment Bank 01/17/2017 10/17/2016 1,000,000.00 997,776.67 ---999,720.00 106.67 0.000 0.594 AAA
256350005 LC-Project Fund-Toll 2 71112JN42 CP The Peoples Gas Light And Coke Company 01/04/2017 12/21/2016 725,000.00 724,743.84 ---724,985.50 49.54 0.000 0.180 AAA
256350001 LC-Project Fund-2 Senior Lien 63873JNH9 CP Natixis 01/17/2017 10/17/2016 1,000,000.00 997,725.00 ---999,720.00 120.00 0.000 0.594 AAA
256350001 LC-Project Fund-2 Senior Lien 46640PNL3 CP J.P. Morgan Securities LLC 01/20/2017 10/19/2016 810,000.00 808,034.40 ---809,724.60 135.00 0.000 0.613 AAA
256350005 LC-Project Fund-Toll 2 43357LND0 CP Hitachi Capital America Corp.01/13/2017 12/20/2016 3,500,000.00 3,497,604.46 ---3,499,300.00 606.66 0.000 0.555 AA
256350005 LC-Project Fund-Toll 2 06538BN58 CP The Bank of Tokyo-Mitsubishi UFJ, Ltd.01/05/2017 12/29/2016 3,500,000.00 3,499,557.64 ---3,499,860.00 112.78 0.000 0.288 AAA
256350001 LC-Project Fund-2 Senior Lien 74433GNB8 CP Prudential Funding LLC 01/11/2017 10/18/2016 1,000,000.00 998,250.00 ---999,840.00 48.33 0.000 0.524 AAA
205091001 LC-2013 A Capitalized Interest 037833AJ9 Corporate Apple Inc.05/03/2018 06/17/2015 3,000,000.00 2,960,430.00 ---2,988,750.00 7,419.59 1.000 1.283 AA
256350022 LC-Sr Lien Ob Fund-1 Interest 38144LAB6 Corporate The Goldman Sachs Group, Inc.09/01/2017 07/03/2013 300,000.00 322,515.00 ---309,216.00 5,348.42 6.250 1.614 A
256350005 LC-Project Fund-Toll 2 865622CB8 Corporate Sumitomo Mitsui Banking Corporation 01/18/2019 01/13/2016 250,000.00 250,000.00 ---251,330.00 1,330.00 1.822 1.680 A
256350005 LC-Project Fund-Toll 2 94988J5E3 Corporate Wells Fargo Bank, National Association 05/24/2019 08/03/2016 255,000.00 255,731.85 ---255,851.70 233.82 1.530 1.465 AA
23
Page 4 of 32
Source
Account Account Identifier
Security Type
Category Issuer
Final
Maturity Trade Date Current Face Value Original Cost
Next Call
Date Base Market Value
Base Net Total
Unrealized
Gain/Loss Coupon Yield
Summarized
Credit Rating
STAMP Portfolio by Investment Category for quarter ended December 31, 2016
256350005 LC-Project Fund-Toll 2 22546QAM9 Corporate Credit Suisse AG 05/26/2017 ---555,000.00 554,149.80 ---555,427.35 690.47 1.427 1.350 A
256350022 LC-Sr Lien Ob Fund-1 Interest 05565QCC0 Corporate BP Capital Markets P.L.C.11/06/2017 07/03/2013 300,000.00 292,194.00 ---299,829.00 1,406.63 1.375 1.442 A
256350005 LC-Project Fund-Toll 2 26442CAD6 Corporate Duke Energy Carolinas, LLC 04/15/2018 06/11/2015 116,000.00 127,422.52 ---121,222.32 (26.53) 5.100 1.564 AA
256350022 LC-Sr Lien Ob Fund-1 Interest 166764AE0 Corporate Chevron Corporation 06/24/2018 06/17/2015 300,000.00 301,848.00 43,244.00 300,918.00 25.23 1.718 1.497 AA
256350005 LC-Project Fund-Toll 2 89352HAP4 Corporate TransCanada PipeLines Limited 01/12/2018 02/03/2016 150,000.00 146,716.50 ---150,585.00 2,341.18 1.664 1.418 A
256350022 LC-Sr Lien Ob Fund-1 Interest 891145TN4 Corporate The Toronto-Dominion Bank 03/13/2017 05/21/2015 700,000.00 707,168.00 ---700,546.00 (242.46) 1.500 1.110 AAA
205091001 LC-2013 A Capitalized Interest 084664BE0 Corporate Berkshire Hathaway Finance Corporation 05/15/2018 06/17/2015 800,000.00 890,632.00 ---841,952.00 (1,360.82) 5.400 1.530 AA
256350005 LC-Project Fund-Toll 2 05531FAP8 Corporate BB&T Corporation 06/15/2018 ---380,000.00 381,823.60 43,235.00 382,109.00 822.25 1.823 1.463 A
256350022 LC-Sr Lien Ob Fund-1 Interest 48121CYK6 Corporate JPMorgan Chase Bank, National Association 10/01/2017 07/03/2013 300,000.00 341,424.00 ---309,594.00 1,953.27 6.000 1.702 A
256350005 LC-Project Fund-Toll 2 74153WCE7 Corporate Pricoa Global Funding I 08/18/2017 ---500,000.00 499,977.00 ---500,260.00 114.74 1.350 1.267 AA
256350022 LC-Sr Lien Ob Fund-1 Interest 89236TAY1 Corporate Toyota Motor Credit Corporation 10/24/2018 06/17/2015 500,000.00 505,870.00 ---502,960.00 (264.10) 2.000 1.667 AA
205091001 LC-2013 A Capitalized Interest 89236TAY1 Corporate Toyota Motor Credit Corporation 10/24/2018 06/17/2015 2,000,000.00 2,023,480.00 ---2,011,840.00 (1,056.41) 2.000 1.667 AA
256350005 LC-Project Fund-Toll 2 06416CAA6 Corporate The Bank of Nova Scotia 09/11/2019 06/29/2016 425,000.00 434,974.75 ---427,163.25 (6,304.76) 2.125 1.930 AAA
256350005 LC-Project Fund-Toll 2 06050TLY6 Corporate Bank of America, National Association 03/26/2018 06/10/2015 300,000.00 298,968.00 ---300,279.00 741.13 1.650 1.573 A
256350001 LC-Project Fund-2 Senior Lien 91324PCJ9 Corporate UnitedHealth Group Incorporated 01/17/2017 08/03/2015 290,000.00 290,222.43 ---290,049.30 42.59 1.330 0.987 A
256350005 LC-Project Fund-Toll 2 69353RET1 Corporate PNC Realty Investors, Inc.11/05/2018 ---600,000.00 606,243.00 43,379.00 601,092.00 (3,957.26) 1.800 1.695 A
256350005 LC-Project Fund-Toll 2 037833BR0 Corporate Apple Inc.02/22/2019 ---450,000.00 454,432.50 ---456,214.50 2,713.27 1.740 1.184 AA
256350022 LC-Sr Lien Ob Fund-1 Interest 02580ECC5 Corporate American Express Bank, FSB 09/13/2017 07/08/2013 250,000.00 287,890.00 ---257,727.50 1,169.52 6.000 1.557 A
256350005 LC-Project Fund-Toll 2 91159HHD5 Corporate U.S. Bancorp 05/15/2017 ---550,000.00 554,566.00 42,840.00 550,786.50 (164.92) 1.650 1.156 A
256350005 LC-Project Fund-Toll 2 46623EKD0 Corporate JPMorgan Chase & Co.03/01/2018 ---730,000.00 729,894.80 43,132.00 729,934.30 (170.94) 1.700 1.707 A
256350005 LC-Project Fund-Toll 2 891145W59 Corporate The Toronto-Dominion Bank 09/25/2019 08/16/2016 450,000.00 461,686.50 ---453,582.00 (6,734.13) 2.250 1.949 AAA
256350005 LC-Project Fund-Toll 2 06367XF30 Corporate Bank of Montreal 06/15/2021 08/17/2016 500,000.00 500,975.00 ---486,685.00 (14,223.69) 1.750 2.383 AAA
256350005 LC-Project Fund-Toll 2 89837LAA3 Corporate The Trustees of Princeton University 03/01/2019 ---255,000.00 281,113.75 ---272,189.55 (186.97) 4.950 1.768 AAA
256350005 LC-Project Fund-Toll 2 74256LAT6 Corporate Principal Life Global Funding II 12/01/2017 08/22/2016 360,000.00 361,533.60 ---361,454.40 348.09 1.431 1.080 A
256350005 LC-Project Fund-Toll 2 61747YDT9 Corporate Morgan Stanley 03/22/2017 06/08/2016 300,000.00 308,265.00 ---302,259.00 (103.03) 4.750 1.415 A
256350005 LC-Project Fund-Toll 2 06050TKX9 Corporate Bank of America, National Association 06/15/2017 ---505,000.00 501,876.55 ---504,722.25 835.91 1.263 1.442 A
256350005 LC-Project Fund-Toll 2 89114QBF4 Corporate The Toronto-Dominion Bank 01/22/2019 ---525,000.00 528,126.80 ---529,305.00 1,856.38 1.722 1.443 AA
256350005 LC-Project Fund-Toll 2 05531FAQ6 Corporate BB&T Corporation 02/01/2019 08/23/2016 200,000.00 204,374.00 43,467.00 201,558.00 (2,179.59) 2.250 1.852 A
205091001 LC-2013 A Capitalized Interest 30231GAL6 Corporate Exxon Mobil Corporation 03/06/2018 06/10/2015 580,000.00 579,344.60 ---579,860.80 145.32 1.305 1.325 AAA
256350022 LC-Sr Lien Ob Fund-1 Interest 30231GAL6 Corporate Exxon Mobil Corporation 03/06/2018 06/10/2015 420,000.00 419,525.40 ---419,899.20 105.23 1.305 1.325 AAA
256350005 LC-Project Fund-Toll 2 55279HAH3 Corporate Manufacturers and Traders Trust Company 07/25/2017 ---550,000.00 549,163.10 ---550,423.50 696.07 1.182 1.180 A
256350022 LC-Sr Lien Ob Fund-1 Interest 94974BGF1 Corporate Wells Fargo & Company 01/30/2020 06/03/2015 600,000.00 594,924.00 ---597,168.00 588.40 2.150 2.309 A
256350005 LC-Project Fund-Toll 2 94988J5B9 Corporate Wells Fargo Bank, National Association 01/22/2018 ---500,000.00 501,314.25 ---502,435.00 1,583.51 1.622 1.291 AA
256350005 LC-Project Fund-Toll 2 202795HU7 Corporate Commonwealth Edison Company 03/15/2018 08/05/2016 255,000.00 273,819.00 ---267,778.05 (1,410.11) 5.800 1.594 A
256350005 LC-Project Fund-Toll 2 94974BGR5 Corporate Wells Fargo & Company 12/07/2020 07/12/2016 440,000.00 453,314.40 ---440,501.60 (11,462.35) 2.550 2.519 A
205091001 LC-2013 A Capitalized Interest 89153VAC3 Corporate Total Capital International 06/28/2017 07/08/2013 160,000.00 157,765.60 ---160,264.00 548.80 1.550 1.214 AA
256350022 LC-Sr Lien Ob Fund-1 Interest 46625HJL5 Corporate JPMorgan Chase & Co.05/15/2018 06/03/2015 500,000.00 497,550.00 ---499,360.00 518.02 1.625 1.719 A
256350005 LC-Project Fund-Toll 2 38147MAA3 Corporate The Goldman Sachs Group, Inc.07/19/2018 12/02/2015 100,000.00 102,578.00 ---101,381.00 (160.81) 2.900 1.992 A
256350005 LC-Project Fund-Toll 2 46849LSL6 Corporate Jackson National Life Global Funding 10/15/2018 ---650,000.00 655,151.00 ---651,345.50 (2,748.22) 1.875 1.757 AA
256350005 LC-Project Fund-Toll 2 209111ET6 Corporate Consolidated Edison Company of New York, Inc.04/01/2018 06/22/2015 220,000.00 245,828.00 ---231,530.20 (244.15) 5.850 1.605 A
256350005 LC-Project Fund-Toll 2 31677QAV1 Corporate Fifth Third Bank 02/28/2018 06/08/2016 400,000.00 400,544.00 43,128.00 399,088.00 (1,274.91) 1.450 1.648 A
256350005 LC-Project Fund-Toll 2 063679ZT4 Corporate Bank of Montreal 01/30/2017 06/12/2015 300,000.00 304,620.00 ---300,183.00 (43.12) 1.950 1.207 AAA
256350005 LC-Project Fund-Toll 2 0258M0DZ9 Corporate American Express Credit Corporation 11/05/2018 ---450,000.00 453,007.50 43,378.00 450,652.50 (1,640.60) 1.875 1.791 A
256350005 LC-Project Fund-Toll 2 233851CF9 Corporate Daimler Finance North America LLC 07/05/2019 06/30/2016 370,000.00 369,448.70 ---364,035.60 (5,500.79) 1.500 2.162 A
256350005 LC-Project Fund-Toll 2 55279HAA8 Corporate Manufacturers and Traders Trust Company 03/07/2018 06/06/2016 400,000.00 400,012.00 43,136.00 399,464.00 (546.18) 1.450 1.564 A
256350005 LC-Project Fund-Toll 2 59217GAY5 Corporate Metropolitan Life Global Funding I 01/10/2018 ---550,000.00 550,406.00 ---550,088.00 (260.80) 1.500 1.484 AA
256350005 LC-Project Fund-Toll 2 80851QDA9 Corporate The Charles Schwab Corporation 09/01/2017 10/27/2015 65,000.00 71,075.55 ---67,171.00 (37.71) 6.375 1.343 A
256350022 LC-Sr Lien Ob Fund-1 Interest 78011DAC8 Corporate Royal Bank of Canada 09/19/2017 05/21/2015 700,000.00 700,763.00 ---699,062.00 (1,176.22) 1.200 1.387 AAA
205091001 LC-2013 A Capitalized Interest 822582AC6 Corporate Shell International Finance B.V.03/22/2017 07/08/2013 400,000.00 449,936.00 ---403,272.00 205.09 5.200 1.574 AA
256350005 LC-Project Fund-Toll 2 780082AA1 Corporate Royal Bank of Canada 02/05/2020 06/24/2016 990,000.00 1,002,941.55 ---985,129.20 (16,042.82) 1.875 2.039 AAA
256350005 LC-Project Fund-Toll 2 46625HJF8 Corporate JPMorgan Chase & Co.01/25/2018 08/03/2016 265,000.00 266,831.15 ---266,733.10 401.67 1.782 1.299 A
256350005 LC-Project Fund-Toll 2 842434CN0 Corporate Southern California Gas Company 06/15/2018 06/15/2015 250,000.00 249,992.50 ---250,187.50 191.25 1.550 1.498 AA
256350005 LC-Project Fund-Toll 2 48121CYK6 Corporate JPMorgan Chase Bank, National Association 10/01/2017 03/09/2016 250,000.00 265,022.50 ---257,995.00 685.49 6.000 1.702 A
256350005 LC-Project Fund-Toll 2 6174467V5 Corporate Morgan Stanley 04/25/2018 ---311,000.00 314,084.33 ---314,256.17 1,142.98 2.162 1.494 A
256350005 LC-Project Fund-Toll 2 CCYUSD Currency UNITED STATES OF AMERICA 12/31/2016 ---- 0.00 ---0.00 - 0.000 0.000 AAA
256350005 LC-Project Fund-Toll 2 CCYUSD Currency UNITED STATES OF AMERICA 12/31/2016 ---- 5,111.23 ---5,111.23 - 0.000 0.000 AAA
256350022 LC-Sr Lien Ob Fund-1 Interest CCYUSD Currency UNITED STATES OF AMERICA 12/31/2016 ---- 950,000.00 ---950,000.00 - 0.000 0.000 AAA
256350005 LC-Project Fund-Toll 2 62944BBC7 Non-US Gov N.V. Bank Nederlandse Gemeenten 07/14/2017 ---575,000.00 574,335.00 ---575,034.50 297.88 0.951 1.069 AAA
256350005 LC-Project Fund-Toll 2 298785GK6 Non-US Gov Banque Europeenne D'investissement (BEI)04/18/2017 ---575,000.00 575,503.50 ---574,620.50 (536.86) 0.875 1.094 AAA
256350005 LC-Project Fund-Toll 2 302154BL2 Non-US Gov The Export-Import Bank of Korea 01/14/2017 ---400,000.00 400,576.00 ---400,044.00 13.03 1.631 1.362 AA
256350023 LC-Sr Lien Reserve Fund-1 9AMMF05B2 MM Fund U.S. Bank Money Market Account Fund 12/31/2016 ---- 19,523.51 ---19,523.51 - 0.000 0.000 NA
256350022 LC-Sr Lien Ob Fund-1 Interest 9AMMF05B2 MM Fund U.S. Bank Money Market Account Fund 12/31/2016 ---- 54,212.93 ---54,212.93 - 0.000 0.000 NA
205091001 LC-2013 A Capitalized Interest 9AMMF05B2 MM Fund U.S. Bank Money Market Account Fund 12/31/2016 ---- 109,876.53 ---109,876.53 - 0.000 0.000 NA
256350001 LC-Project Fund-2 Senior Lien 9AMMF05B2 MM Fund U.S. Bank Money Market Account Fund 12/31/2016 12/16/2016 - 72,392.91 ---72,392.91 - 0.000 0.000 NA
256350004 LC-PF-2 Sales Tax Revenue Bond 9AMMF05B2 MM Fund U.S. Bank Money Market Account Fund 12/31/2016 08/02/2016 - 57.12 ---57.12 - 0.000 0.000 NA
256350005 LC-Project Fund-Toll 2 9AMMF05B2 MM Fund U.S. Bank Money Market Account Fund 12/31/2016 ---- 363,096.77 ---363,096.77 - 0.000 0.000 NA
205091001 LC-2013 A Capitalized Interest 184126YS3 Muni Clayton County Water Authority 05/01/2017 07/11/2013 770,000.00 755,939.80 ---770,438.90 1,704.94 1.300 1.127 AA
205091001 LC-2013 A Capitalized Interest 64966H4E7 Muni New York, City of 10/01/2017 07/12/2013 1,170,000.00 1,238,222.70 ---1,186,497.00 4,023.44 3.140 1.251 AA
256350005 LC-Project Fund-Toll 2 955116AZ1 Muni West Palm Beach, City of 10/01/2017 06/09/2016 230,000.00 229,857.40 ---229,277.80 (635.44) 1.100 1.520 AA
256350005 LC-Project Fund-Toll 2 65819WAC7 Muni North Carolina Eastern Municipal Power Agency 07/01/2018 ---190,000.00 190,625.40 ---190,400.90 27.10 2.003 1.860 A
256350005 LC-Project Fund-Toll 2 20772JL59 Muni Connecticut, State of 08/01/2020 03/03/2016 130,000.00 132,577.90 ---131,433.90 (685.34) 2.500 2.178 AA
24
Page 5 of 32
Source
Account Account Identifier
Security Type
Category Issuer
Final
Maturity Trade Date Current Face Value Original Cost
Next Call
Date Base Market Value
Base Net Total
Unrealized
Gain/Loss Coupon Yield
Summarized
Credit Rating
STAMP Portfolio by Investment Category for quarter ended December 31, 2016
256350005 LC-Project Fund-Toll 2 13063BFU1 Muni California, State Of 03/01/2019 ---140,000.00 158,412.45 ---153,591.20 (110.38) 6.200 1.626 AA
256350005 LC-Project Fund-Toll 2 937308AZ7 Muni WBRP 3.2 WASHINGTON BIOMED RES 03/01/2018 09/25/2015 95,000.00 95,000.00 ---94,837.55 (162.45) 1.485 1.633 AA
256350022 LC-Sr Lien Ob Fund-1 Interest 235219JS2 Muni Dallas, City of 02/15/2017 07/10/2013 650,000.00 650,000.00 ---650,403.00 403.00 1.589 1.086 AA
205091001 LC-2013 A Capitalized Interest 235219JS2 Muni Dallas, City of 02/15/2017 07/10/2013 2,135,000.00 2,135,000.00 ---2,136,323.70 1,323.70 1.589 1.086 AA
256350005 LC-Project Fund-Toll 2 49130TRY4 Muni Kentucky Housing Corporation 01/01/2017 06/17/2015 180,000.00 179,760.60 ---179,998.20 (1.80) 0.937 1.291 AAA
256350005 LC-Project Fund-Toll 2 91476PPG7 Muni University of Oklahoma 07/01/2020 11/17/2015 80,000.00 79,544.00 ---79,864.00 215.08 2.349 2.400 A
256350023 LC-Sr Lien Reserve Fund-1 912828WU0 TIPS Treasury, United States Department of 07/15/2024 02/05/2016 397,020.00 386,463.42 ---390,032.45 2,472.52 0.125 0.362 AAA
256350005 LC-Project Fund-Toll 2 912828K33 TIPS Treasury, United States Department of 04/15/2020 06/02/2016 980,580.50 992,999.36 ---990,768.73 (366.04) 0.125 -0.190 AAA
256350023 LC-Sr Lien Reserve Fund-1 912828B58 US Gov Treasury, United States Department of 01/31/2021 ---1,640,000.00 1,677,556.65 ---1,661,844.80 (7,695.02) 2.125 1.785 AAA
256350005 LC-Project Fund-Toll 2 912828TG5 US Gov Treasury, United States Department of 07/31/2017 ---1,600,000.00 1,592,193.36 ---1,598,368.00 1,578.42 0.500 0.674 AAA
205091001 LC-2013 A Capitalized Interest 912828M23 US Gov Treasury, United States Department of 10/31/2017 12/28/2015 800,000.00 798,262.41 ---801,072.00 1,866.53 0.724 0.572 AAA
205091001 LC-2013 A Capitalized Interest 912828UB4 US Gov Treasury, United States Department of 11/30/2019 06/17/2015 1,250,000.00 1,216,699.22 ---1,234,962.50 7,016.83 1.000 1.422 AAA
256350023 LC-Sr Lien Reserve Fund-1 912828UF5 US Gov Treasury, United States Department of 12/31/2019 11/16/2015 250,000.00 246,132.81 ---247,567.50 404.09 1.125 1.457 AAA
256350005 LC-Project Fund-Toll 2 912828KD1 US Gov Treasury, United States Department of 02/15/2019 ---1,935,000.00 2,027,131.64 ---1,995,778.35 (2,187.79) 2.750 1.249 AAA
256350023 LC-Sr Lien Reserve Fund-1 912828VV9 US Gov Treasury, United States Department of 08/31/2020 ---235,000.00 241,525.78 ---238,799.95 (1,415.03) 2.125 1.668 AAA
256350005 LC-Project Fund-Toll 2 912828UA6 US Gov Treasury, United States Department of 11/30/2017 ---3,465,000.00 3,454,861.14 ---3,456,891.90 (2,729.56) 0.625 0.882 AAA
256350005 LC-Project Fund-Toll 2 912828B58 US Gov Treasury, United States Department of 01/31/2021 ---1,125,000.00 1,160,760.74 ---1,139,985.00 (16,059.51) 2.125 1.785 AAA
205091001 LC-2013 A Capitalized Interest 912828J84 US Gov Treasury, United States Department of 03/31/2020 06/03/2015 2,000,000.00 1,973,390.62 ---1,989,540.00 7,689.59 1.375 1.540 AAA
256350022 LC-Sr Lien Ob Fund-1 Interest 912828J84 US Gov Treasury, United States Department of 03/31/2020 06/17/2015 200,000.00 197,023.44 ---198,954.00 997.51 1.375 1.540 AAA
256350023 LC-Sr Lien Reserve Fund-1 912828VB3 US Gov Treasury, United States Department of 05/15/2023 07/05/2013 1,600,000.00 1,487,125.00 ---1,558,368.00 34,517.97 1.750 2.189 AAA
256350005 LC-Project Fund-Toll 2 912828UF5 US Gov Treasury, United States Department of 12/31/2019 ---3,775,000.00 3,776,018.56 ---3,738,269.25 (37,537.26) 1.125 1.457 AAA
256350005 LC-Project Fund-Toll 2 912828UR9 US Gov Treasury, United States Department of 02/28/2018 ---2,750,000.00 2,747,428.71 ---2,743,565.00 (4,509.20) 0.750 0.952 AAA
256350022 LC-Sr Lien Ob Fund-1 Interest 912828UA6 US Gov Treasury, United States Department of 11/30/2017 07/05/2013 200,000.00 194,343.75 ---199,532.00 731.55 0.625 0.882 AAA
205091001 LC-2013 A Capitalized Interest 912828UA6 US Gov Treasury, United States Department of 11/30/2017 07/05/2013 1,750,000.00 1,700,507.81 ---1,745,905.00 6,401.06 0.625 0.882 AAA
256350023 LC-Sr Lien Reserve Fund-1 912828XB1 US Gov Treasury, United States Department of 05/15/2025 05/24/2016 1,200,000.00 1,228,546.88 ---1,176,372.00 (50,402.21) 2.125 2.386 AAA
205091001 LC-2013 A Capitalized Interest 912796KU2 US Gov Treasury, United States Department of 05/04/2017 12/20/2016 4,100,000.00 4,091,056.99 ---4,091,882.00 90.88 0.000 0.579 AAA
256350022 LC-Sr Lien Ob Fund-1 Interest 912828K41 US Gov Treasury, United States Department of 04/30/2017 07/30/2015 200,000.00 200,001.77 ---200,068.00 67.67 0.630 0.527 AAA
256350023 LC-Sr Lien Reserve Fund-1 912828RC6 US Gov Treasury, United States Department of 08/15/2021 ---1,775,000.00 1,804,427.73 ---1,791,844.75 (8,274.89) 2.125 1.910 AAA
256350005 LC-Project Fund-Toll 2 912828VK3 US Gov Treasury, United States Department of 06/30/2018 ---2,475,000.00 2,500,920.91 ---2,486,607.75 (5,781.32) 1.375 1.060 AAA
205091001 LC-2013 A Capitalized Interest 912828UZ1 US Gov Treasury, United States Department of 04/30/2018 06/03/2015 2,100,000.00 2,075,554.69 ---2,089,752.00 1,020.72 0.625 0.994 AAA
256350022 LC-Sr Lien Ob Fund-1 Interest 912828UZ1 US Gov Treasury, United States Department of 04/30/2018 07/14/2015 200,000.00 198,187.50 ---199,024.00 (108.21) 0.625 0.994 AAA
116,136,417.51 118,352,477.60 117,910,320.48 (168,058.15)
25
Page 6 of 32
Source
Account Account Identifier
Security Type
Category Issuer Final Maturity Trade Date
Current Face
Value Original Cost
Next Call
Date Base Market Value
Base Net Total
Unrealized Gain/Loss Coupon Yield
Summarized
Credit Rating
205091001 LC-2013 A Capitalized Interest 31392HWL3 Agency CMO Federal National Mortgage Association 02/25/2018 07/12/2013 11,240.53 11,865.79 ---11,429.93 29.89 5.000 0.742 AAA
205091001 LC-2013 A Capitalized Interest 31392F6C6 Agency CMO Federal National Mortgage Association 12/25/2017 07/09/2013 62,300.24 66,086.92 ---63,036.01 (101.36) 5.000 1.131 AAA
205091001 LC-2013 A Capitalized Interest 31393EXC8 Agency CMO Federal National Mortgage Association 09/25/2018 07/24/2013 118,045.94 124,796.70 ---121,141.10 775.53 4.500 0.019 AAA
205091001 LC-2013 A Capitalized Interest 31392FPP6 Agency CMO Federal National Mortgage Association 11/25/2017 07/15/2013 36,656.58 38,821.61 ---37,045.14 (70.99) 5.000 1.201 AAA
205091001 LC-2013 A Capitalized Interest 31393V2T7 Agency CMO Federal Home Loan Mortgage Corporation 06/15/2018 07/08/2013 214,882.57 227,271.89 ---219,936.61 949.81 4.500 0.140 AAA
205091001 LC-2013 A Capitalized Interest 31402RBG3 Agency MBS Federal National Mortgage Association 09/01/2019 ---60,270.64 64,642.93 ---61,902.77 (375.37) 6.000 1.839 AAA
205091001 LC-2013 A Capitalized Interest 31410GSQ7 Agency MBS Federal National Mortgage Association 12/01/2017 07/05/2013 24,323.91 26,117.80 ---24,563.99 (118.27) 6.000 2.014 AAA
205091001 LC-2013 A Capitalized Interest 36200AFG9 Agency MBS Government National Mortgage Association 11/15/2017 07/09/2013 7,919.89 8,439.63 ---7,997.19 (49.31) 5.500 2.180 AAA
205091001 LC-2013 A Capitalized Interest 3128MBTH0 Agency MBS Federal Home Loan Mortgage Corporation 03/01/2019 07/26/2013 41,932.00 44,447.92 ---42,959.33 73.05 5.000 1.141 AAA
205091001 LC-2013 A Capitalized Interest 36290WH47 Agency MBS Government National Mortgage Association 09/15/2018 07/18/2013 384,191.03 408,202.98 ---392,566.39 (866.86) 4.500 1.082 AAA
205091001 LC-2013 A Capitalized Interest 3128H4NR6 Agency MBS Federal Home Loan Mortgage Corporation 05/01/2018 07/16/2013 26,718.03 28,304.41 ---27,372.62 158.57 5.000 0.152 AAA
205091001 LC-2013 A Capitalized Interest 31402QT68 Agency MBS Federal National Mortgage Association 10/01/2019 07/11/2013 84,454.50 91,237.25 ---87,285.41 (665.35) 6.000 1.893 AAA
205091001 LC-2013 A Capitalized Interest 3128PGLY7 Agency MBS Federal Home Loan Mortgage Corporation 05/01/2017 07/17/2013 22,713.99 23,934.86 ---23,270.48 442.09 5.000 -10.643 AAA
205091001 LC-2013 A Capitalized Interest 31401MWC1 Agency MBS Federal National Mortgage Association 06/01/2018 07/12/2013 267,363.80 285,076.66 ---274,783.15 2,312.68 4.500 -0.235 AAA
205091001 LC-2013 A Capitalized Interest 3128PHVS7 Agency MBS Federal Home Loan Mortgage Corporation 11/01/2019 07/16/2013 18,685.53 19,689.88 ---19,143.33 123.00 5.000 -0.189 AAA
205091001 LC-2013 A Capitalized Interest 3132FEAK7 Agency MBS Federal Home Loan Mortgage Corporation 12/01/2017 07/03/2013 37,725.08 39,976.80 ---38,649.35 343.70 5.000 -1.615 AAA
205091001 LC-2013 A Capitalized Interest 037833AJ9 Corporate Apple Inc.05/03/2018 06/17/2015 3,000,000.00 2,960,430.00 ---2,988,750.00 7,419.59 1.000 1.283 AA
205091001 LC-2013 A Capitalized Interest 084664BE0 Corporate Berkshire Hathaway Finance Corporation 05/15/2018 06/17/2015 800,000.00 890,632.00 ---841,952.00 (1,360.82) 5.400 1.530 AA
205091001 LC-2013 A Capitalized Interest 89236TAY1 Corporate Toyota Motor Credit Corporation 10/24/2018 06/17/2015 2,000,000.00 2,023,480.00 ---2,011,840.00 (1,056.41) 2.000 1.667 AA
205091001 LC-2013 A Capitalized Interest 30231GAL6 Corporate Exxon Mobil Corporation 03/06/2018 06/10/2015 580,000.00 579,344.60 ---579,860.80 145.32 1.305 1.325 AAA
205091001 LC-2013 A Capitalized Interest 89153VAC3 Corporate Total Capital International 06/28/2017 07/08/2013 160,000.00 157,765.60 ---160,264.00 548.80 1.550 1.214 AA
205091001 LC-2013 A Capitalized Interest 822582AC6 Corporate Shell International Finance B.V.03/22/2017 07/08/2013 400,000.00 449,936.00 ---403,272.00 205.09 5.200 1.574 AA
205091001 LC-2013 A Capitalized Interest 9AMMF05B2 MM Fund U.S. Bank Money Market Account Fund 12/31/2016 ---- 109,876.53 ---109,876.53 - 0.000 0.000 NA
205091001 LC-2013 A Capitalized Interest 184126YS3 Muni Clayton County Water Authority 05/01/2017 07/11/2013 770,000.00 755,939.80 ---770,438.90 1,704.94 1.300 1.127 AA
205091001 LC-2013 A Capitalized Interest 64966H4E7 Muni New York, City of 10/01/2017 07/12/2013 1,170,000.00 1,238,222.70 ---1,186,497.00 4,023.44 3.140 1.251 AA
205091001 LC-2013 A Capitalized Interest 235219JS2 Muni Dallas, City of 02/15/2017 07/10/2013 2,135,000.00 2,135,000.00 ---2,136,323.70 1,323.70 1.589 1.086 AA
205091001 LC-2013 A Capitalized Interest 912828M23 US Gov Treasury, United States Department of 10/31/2017 12/28/2015 800,000.00 798,262.41 ---801,072.00 1,866.53 0.724 0.572 AAA
205091001 LC-2013 A Capitalized Interest 912828UB4 US Gov Treasury, United States Department of 11/30/2019 06/17/2015 1,250,000.00 1,216,699.22 ---1,234,962.50 7,016.83 1.000 1.422 AAA
205091001 LC-2013 A Capitalized Interest 912828J84 US Gov Treasury, United States Department of 03/31/2020 06/03/2015 2,000,000.00 1,973,390.62 ---1,989,540.00 7,689.59 1.375 1.540 AAA
205091001 LC-2013 A Capitalized Interest 912828UA6 US Gov Treasury, United States Department of 11/30/2017 07/05/2013 1,750,000.00 1,700,507.81 ---1,745,905.00 6,401.06 0.625 0.882 AAA
205091001 LC-2013 A Capitalized Interest 912796KU2 US Gov Treasury, United States Department of 05/04/2017 12/20/2016 4,100,000.00 4,091,056.99 ---4,091,882.00 90.88 0.000 0.579 AAA
205091001 LC-2013 A Capitalized Interest 912828UZ1 US Gov Treasury, United States Department of 04/30/2018 06/03/2015 2,100,000.00 2,075,554.69 ---2,089,752.00 1,020.72 0.625 0.994 AAA
24,595,271.23
256350001 LC-Project Fund-2 Senior Lien 313397AJ0 Agency Federal Home Loan Mortgage Corporation 01/09/2017 12/30/2016 400,000.00 399,950.56 ---399,976.00 15.55 0.000 0.220 AAA
256350001 LC-Project Fund-2 Senior Lien 313385AV8 Agency FHLBanks Office of Finance 01/20/2017 12/30/2016 300,000.00 299,916.00 ---299,946.00 22.00 0.000 0.314 AAA
256350001 LC-Project Fund-2 Senior Lien 313385AD8 Agency FHLBanks Office of Finance 01/04/2017 12/30/2016 1,000,000.00 999,945.28 ---999,990.00 22.83 0.000 0.073 AAA
256350001 LC-Project Fund-2 Senior Lien 313385AF3 Agency FHLBanks Office of Finance 01/06/2017 ---850,000.00 849,917.85 ---849,974.50 29.71 0.000 0.157 AAA
256350001 LC-Project Fund-2 Senior Lien 313385AT3 Agency FHLBanks Office of Finance 01/18/2017 12/30/2016 300,000.00 299,924.00 ---299,952.00 20.00 0.000 0.308 AAA
256350001 LC-Project Fund-2 Senior Lien 313385AN6 Agency FHLBanks Office of Finance 01/13/2017 12/30/2016 825,000.00 824,856.60 ---824,909.25 32.17 0.000 0.288 AAA
256350001 LC-Project Fund-2 Senior Lien 91324PCJ9 Corporate UnitedHealth Group Incorporated 01/17/2017 08/03/2015 290,000.00 290,222.43 ---290,049.30 42.59 1.330 0.987 A
256350001 LC-Project Fund-2 Senior Lien 06538BN58 CP The Bank of Tokyo-Mitsubishi UFJ, Ltd.01/05/2017 12/29/2016 1,000,000.00 999,873.61 ---999,960.00 32.22 0.000 0.288 AAA
256350001 LC-Project Fund-2 Senior Lien 06538BNH2 CP The Bank of Tokyo-Mitsubishi UFJ, Ltd.01/17/2017 10/17/2016 1,000,000.00 997,827.78 ---999,720.00 97.78 0.000 0.594 AAA
256350001 LC-Project Fund-2 Senior Lien 22533TNH5 CP Credit Agricole Corporate and Investment Bank 01/17/2017 10/17/2016 1,000,000.00 997,776.67 ---999,720.00 106.67 0.000 0.594 AAA
256350001 LC-Project Fund-2 Senior Lien 63873JNH9 CP Natixis 01/17/2017 10/17/2016 1,000,000.00 997,725.00 ---999,720.00 120.00 0.000 0.594 AAA
256350001 LC-Project Fund-2 Senior Lien 46640PNL3 CP J.P. Morgan Securities LLC 01/20/2017 10/19/2016 810,000.00 808,034.40 ---809,724.60 135.00 0.000 0.613 AAA
256350001 LC-Project Fund-2 Senior Lien 74433GNB8 CP Prudential Funding LLC 01/11/2017 10/18/2016 1,000,000.00 998,250.00 ---999,840.00 48.33 0.000 0.524 AAA
256350001 LC-Project Fund-2 Senior Lien 9AMMF05B2 MM Fund U.S. Bank Money Market Account Fund 12/31/2016 12/16/2016 - 72,392.91 ---72,392.91 - 0.000 0.000 NA
9,845,874.56
256350004 LC-PF-2 Sales Tax Revenue Bond 9AMMF05B2 MM Fund U.S. Bank Money Market Account Fund 12/31/2016 08/02/2016 - 57.12 ---57.12 - 0.000 0.000 NA
256350005 LC-Project Fund-Toll 2 313385AD8 Agency FHLBanks Office of Finance 01/04/2017 12/29/2016 300,000.00 299,979.50 ---299,997.00 7.25 0.000 0.073 AAA
256350005 LC-Project Fund-Toll 2 3133EECD0 Agency Farm Credit Banks Consolidated Systemwide Bonds And Discount Notes 06/20/2017 06/15/2015 500,000.00 500,308.15 ---500,325.00 253.73 0.769 0.664 AAA
256350005 LC-Project Fund-Toll 2 313397AD3 Agency Federal Home Loan Mortgage Corporation 01/04/2017 12/29/2016 450,000.00 449,971.88 ---449,995.50 12.37 0.000 0.073 AAA
256350005 LC-Project Fund-Toll 2 3137AH6Q6 Agency CMO Federal Home Loan Mortgage Corporation 08/25/2018 06/24/2016 468,155.93 479,786.69 ---473,993.84 (2,748.30) 2.412 1.455 AAA
256350005 LC-Project Fund-Toll 2 38378BR35 Agency CMO Government National Mortgage Association 11/16/2042 07/10/2015 329,348.44 321,938.10 ---318,558.99 (3,575.46) 1.333 2.061 AAA
256350005 LC-Project Fund-Toll 2 3137A85H7 Agency CMO Federal Home Loan Mortgage Corporation 12/15/2039 07/13/2015 112,093.89 116,857.87 ---115,813.16 (838.47) 3.500 2.043 AAA
256350005 LC-Project Fund-Toll 2 3137A1LC5 Agency CMO Federal Home Loan Mortgage Corporation 08/15/2020 08/31/2015 61,835.19 62,820.69 ---62,254.43 (294.50) 2.000 1.372 AAA
256350005 LC-Project Fund-Toll 2 3133XY2H7 Agency CMO FHLBanks Office of Finance 04/20/2017 07/13/2015 217,945.73 223,871.14 ---219,303.54 77.48 2.900 0.858 AA
256350005 LC-Project Fund-Toll 2 31394GH22 Agency CMO Federal Home Loan Mortgage Corporation 07/15/2018 07/20/2015 53,774.23 55,740.35 ---54,703.99 (50.87) 4.500 0.906 AAA
256350005 LC-Project Fund-Toll 2 3136A2HB2 Agency CMO Federal National Mortgage Association 03/25/2040 08/17/2016 518,671.08 529,692.84 ---516,373.36 (13,196.00) 2.250 2.340 AAA
256350005 LC-Project Fund-Toll 2 36225FGM5 Agency MBS Ginnie Mae II 08/20/2041 08/06/2015 0.00 0.01 ---- (0.01) 2.125 1.707 AAA
256350005 LC-Project Fund-Toll 2 3138ELY64 Agency MBS Federal National Mortgage Association/Fannie Mae 02/01/2023 07/07/2016 201,566.78 221,660.46 ---218,069.05 (2,607.18) 6.000 1.595 AAA
256350005 LC-Project Fund-Toll 2 38378NNA7 Agency MBS
The Government National Mortgage Association Guaranteed REMIC Pass-
Through Securities 05/16/2038 06/26/2015 459,169.22 462,308.07 ---458,746.79 (3,320.04) 2.250 2.195 AAA
256350005 LC-Project Fund-Toll 2 36225EUY6 Agency MBS Ginnie Mae II 09/20/2039 09/17/2015 86,204.86 88,656.32 ---88,787.56 263.68 2.125 1.172 AAA
256350005 LC-Project Fund-Toll 2 55315FAB6 Asset Backed MMAF EQUIPMENT FINANCE LLC 12/17/2018 05/03/2016 275,000.00 274,996.84 ---275,099.00 100.40 1.390 1.325 AAA
256350005 LC-Project Fund-Toll 2 47787UAD5 Asset Backed John Deere Owner Trust 2015 06/17/2019 ---600,000.00 600,819.73 ---600,150.00 (264.27) 1.320 1.280 AAA
256350005 LC-Project Fund-Toll 2 161571FK5 Asset Backed Chase Issuance Trust 08/16/2021 12/10/2015 150,000.00 148,359.38 ---149,020.50 204.77 1.580 1.842 AAA
256350005 LC-Project Fund-Toll 2 02582JGG9 Asset Backed American Express Credit Account Master Trust 05/17/2021 02/26/2016 300,000.00 300,468.75 ---300,921.00 188.64 1.124 1.023 AAA
256350005 LC-Project Fund-Toll 2 36159LBW5 Asset Backed GE Dealer Floorplan Master Not 04/22/2019 ---500,000.00 501,164.06 ---500,575.00 86.19 1.489 1.167 AAA
STAMP Portfolio by Account for quarter ended December 31, 2016
26
ATTACHMENT 3
Page 7 of 32
Source
Account Account Identifier
Security Type
Category Issuer Final Maturity Trade Date
Current Face
Value Original Cost
Next Call
Date Base Market Value
Base Net Total
Unrealized Gain/Loss Coupon Yield
Summarized
Credit Rating
STAMP Portfolio by Account for quarter ended December 31, 2016
256350005 LC-Project Fund-Toll 2 65478QAD0 Asset Backed Nissan Auto Lease Trust 2016-A 03/15/2019 05/17/2016 155,000.00 154,992.99 ---155,106.95 111.87 1.490 1.444 AAA
256350005 LC-Project Fund-Toll 2 58769AAD8 Asset Backed Mercedes-Benz Auto Lease Trust 2015-B 07/16/2018 ---600,000.00 600,906.74 ---600,456.00 (36.88) 1.340 1.220 AAA
256350005 LC-Project Fund-Toll 2 90290KAD7 Asset Backed USAA Auto Owner Trust 2014-1 05/15/2019 06/12/2015 337,501.27 336,736.62 ---337,406.77 127.27 0.940 0.996 AAA
256350005 LC-Project Fund-Toll 2 43814KAC5 Asset Backed Honda Auto Receivables 2015-1 Owner Trust 10/15/2018 06/02/2016 440,159.61 440,228.39 ---439,904.32 (297.26) 1.050 1.162 AAA
256350005 LC-Project Fund-Toll 2 161571HB3 Asset Backed Chase Issuance Trust 05/17/2021 06/07/2016 500,000.00 500,878.91 ---501,560.00 370.35 1.114 1.051 AAA
256350005 LC-Project Fund-Toll 2 05582XAD4 Asset Backed BMW VEHICLE LEASE TRUST 09/20/2019 10/04/2016 545,000.00 544,927.95 ---545,223.45 287.21 1.430 1.410 AAA
256350005 LC-Project Fund-Toll 2 58772PAC2 Asset Backed Mercedes-Benz Auto Receivables Trust 2015-1 06/15/2018 08/04/2015 0.01 0.01 ---0.01 - 0.974 1.014 AAA
256350005 LC-Project Fund-Toll 2 58768MAD3 Asset Backed MERCEDES-BENZ AUTO LEASE TRUST 06/15/2022 10/18/2016 190,000.00 189,983.00 ---188,708.00 (1,276.34) 1.520 1.869 AAA
256350005 LC-Project Fund-Toll 2 161571GQ1 Asset Backed Chase Issuance Trust 11/15/2019 10/28/2015 120,000.00 120,510.94 ---120,104.40 (115.64) 1.380 1.283 AAA
256350005 LC-Project Fund-Toll 2 36159LCR5 Asset Backed GE Dealer Floorplan Master Not 01/20/2020 06/07/2016 110,000.00 109,759.38 ---110,162.80 226.41 1.239 1.142 AAA
256350005 LC-Project Fund-Toll 2 477877AD6 Asset Backed John Deere Owner Trust 2014-B 11/15/2018 ---280,998.31 280,978.55 ---280,978.64 (6.58) 1.070 1.088 AAA
256350005 LC-Project Fund-Toll 2 60689LAC9 Asset Backed MMAF EQUIPMENT FINANCE LLC 12/11/2017 08/05/2015 4,508.72 4,510.84 ---4,508.32 (0.48) 1.030 1.394 AAA
256350005 LC-Project Fund-Toll 2 65474VAL5 Asset Backed Nissan Master Owner Trust Receivables 06/15/2021 07/12/2016 225,000.00 224,967.96 ---223,575.75 (1,402.13) 1.540 1.810 AAA
256350005 LC-Project Fund-Toll 2 55315GAC2 Asset Backed MMAF EQUIPMENT FINANCE LLC 10/16/2019 ---271,935.58 271,049.32 ---271,473.28 (91.94) 1.390 1.610 AAA
256350005 LC-Project Fund-Toll 2 62888WAA4 CMO
NATIONAL CREDIT UNION ADMINISTRATION GUARANTEED
NOTES TRUST 12/08/2020 ---475,510.62 477,394.95 ---476,775.48 (379.14) 1.079 1.280 AAA
256350005 LC-Project Fund-Toll 2 62888YAA0 CMO NCUA Guaranteed Notes Trust 2011-R1 01/08/2020 07/14/2015 180,371.16 181,244.83 ---180,730.10 (229.22) 0.969 1.280 AAA
256350005 LC-Project Fund-Toll 2 865622CB8 Corporate Sumitomo Mitsui Banking Corporation 01/18/2019 01/13/2016 250,000.00 250,000.00 ---251,330.00 1,330.00 1.822 1.680 A
256350005 LC-Project Fund-Toll 2 94988J5E3 Corporate Wells Fargo Bank, National Association 05/24/2019 08/03/2016 255,000.00 255,731.85 ---255,851.70 233.82 1.530 1.465 AA
256350005 LC-Project Fund-Toll 2 22546QAM9 Corporate Credit Suisse AG 05/26/2017 ---555,000.00 554,149.80 ---555,427.35 690.47 1.427 1.350 A
256350005 LC-Project Fund-Toll 2 26442CAD6 Corporate Duke Energy Carolinas, LLC 04/15/2018 06/11/2015 116,000.00 127,422.52 ---121,222.32 (26.53) 5.100 1.564 AA
256350005 LC-Project Fund-Toll 2 89352HAP4 Corporate TransCanada PipeLines Limited 01/12/2018 02/03/2016 150,000.00 146,716.50 ---150,585.00 2,341.18 1.664 1.418 A
256350005 LC-Project Fund-Toll 2 05531FAP8 Corporate BB&T Corporation 06/15/2018 ---380,000.00 381,823.60 43,235.00 382,109.00 822.25 1.823 1.463 A
256350005 LC-Project Fund-Toll 2 74153WCE7 Corporate Pricoa Global Funding I 08/18/2017 ---500,000.00 499,977.00 ---500,260.00 114.74 1.350 1.267 AA
256350005 LC-Project Fund-Toll 2 06416CAA6 Corporate The Bank of Nova Scotia 09/11/2019 06/29/2016 425,000.00 434,974.75 ---427,163.25 (6,304.76) 2.125 1.930 AAA
256350005 LC-Project Fund-Toll 2 06050TLY6 Corporate Bank of America, National Association 03/26/2018 06/10/2015 300,000.00 298,968.00 ---300,279.00 741.13 1.650 1.573 A
256350005 LC-Project Fund-Toll 2 69353RET1 Corporate PNC Realty Investors, Inc.11/05/2018 ---600,000.00 606,243.00 43,379.00 601,092.00 (3,957.26) 1.800 1.695 A
256350005 LC-Project Fund-Toll 2 037833BR0 Corporate Apple Inc.02/22/2019 ---450,000.00 454,432.50 ---456,214.50 2,713.27 1.740 1.184 AA
256350005 LC-Project Fund-Toll 2 91159HHD5 Corporate U.S. Bancorp 05/15/2017 ---550,000.00 554,566.00 42,840.00 550,786.50 (164.92) 1.650 1.156 A
256350005 LC-Project Fund-Toll 2 46623EKD0 Corporate JPMorgan Chase & Co.03/01/2018 ---730,000.00 729,894.80 43,132.00 729,934.30 (170.94) 1.700 1.707 A
256350005 LC-Project Fund-Toll 2 891145W59 Corporate The Toronto-Dominion Bank 09/25/2019 08/16/2016 450,000.00 461,686.50 ---453,582.00 (6,734.13) 2.250 1.949 AAA
256350005 LC-Project Fund-Toll 2 06367XF30 Corporate Bank of Montreal 06/15/2021 08/17/2016 500,000.00 500,975.00 ---486,685.00 (14,223.69) 1.750 2.383 AAA
256350005 LC-Project Fund-Toll 2 89837LAA3 Corporate The Trustees of Princeton University 03/01/2019 ---255,000.00 281,113.75 ---272,189.55 (186.97) 4.950 1.768 AAA
256350005 LC-Project Fund-Toll 2 74256LAT6 Corporate Principal Life Global Funding II 12/01/2017 08/22/2016 360,000.00 361,533.60 ---361,454.40 348.09 1.431 1.080 A
256350005 LC-Project Fund-Toll 2 61747YDT9 Corporate Morgan Stanley 03/22/2017 06/08/2016 300,000.00 308,265.00 ---302,259.00 (103.03) 4.750 1.415 A
256350005 LC-Project Fund-Toll 2 06050TKX9 Corporate Bank of America, National Association 06/15/2017 ---505,000.00 501,876.55 ---504,722.25 835.91 1.263 1.442 A
256350005 LC-Project Fund-Toll 2 89114QBF4 Corporate The Toronto-Dominion Bank 01/22/2019 ---525,000.00 528,126.80 ---529,305.00 1,856.38 1.722 1.443 AA
256350005 LC-Project Fund-Toll 2 05531FAQ6 Corporate BB&T Corporation 02/01/2019 08/23/2016 200,000.00 204,374.00 43,467.00 201,558.00 (2,179.59) 2.250 1.852 A
256350005 LC-Project Fund-Toll 2 55279HAH3 Corporate Manufacturers and Traders Trust Company 07/25/2017 ---550,000.00 549,163.10 ---550,423.50 696.07 1.182 1.180 A
256350005 LC-Project Fund-Toll 2 94988J5B9 Corporate Wells Fargo Bank, National Association 01/22/2018 ---500,000.00 501,314.25 ---502,435.00 1,583.51 1.622 1.291 AA
256350005 LC-Project Fund-Toll 2 202795HU7 Corporate Commonwealth Edison Company 03/15/2018 08/05/2016 255,000.00 273,819.00 ---267,778.05 (1,410.11) 5.800 1.594 A
256350005 LC-Project Fund-Toll 2 94974BGR5 Corporate Wells Fargo & Company 12/07/2020 07/12/2016 440,000.00 453,314.40 ---440,501.60 (11,462.35) 2.550 2.519 A
256350005 LC-Project Fund-Toll 2 38147MAA3 Corporate The Goldman Sachs Group, Inc.07/19/2018 12/02/2015 100,000.00 102,578.00 ---101,381.00 (160.81) 2.900 1.992 A
256350005 LC-Project Fund-Toll 2 46849LSL6 Corporate Jackson National Life Global Funding 10/15/2018 ---650,000.00 655,151.00 ---651,345.50 (2,748.22) 1.875 1.757 AA
256350005 LC-Project Fund-Toll 2 209111ET6 Corporate Consolidated Edison Company of New York, Inc.04/01/2018 06/22/2015 220,000.00 245,828.00 ---231,530.20 (244.15) 5.850 1.605 A
256350005 LC-Project Fund-Toll 2 31677QAV1 Corporate Fifth Third Bank 02/28/2018 06/08/2016 400,000.00 400,544.00 43,128.00 399,088.00 (1,274.91) 1.450 1.648 A
256350005 LC-Project Fund-Toll 2 063679ZT4 Corporate Bank of Montreal 01/30/2017 06/12/2015 300,000.00 304,620.00 ---300,183.00 (43.12) 1.950 1.207 AAA
256350005 LC-Project Fund-Toll 2 0258M0DZ9 Corporate American Express Credit Corporation 11/05/2018 ---450,000.00 453,007.50 43,378.00 450,652.50 (1,640.60) 1.875 1.791 A
256350005 LC-Project Fund-Toll 2 233851CF9 Corporate Daimler Finance North America LLC 07/05/2019 06/30/2016 370,000.00 369,448.70 ---364,035.60 (5,500.79) 1.500 2.162 A
256350005 LC-Project Fund-Toll 2 55279HAA8 Corporate Manufacturers and Traders Trust Company 03/07/2018 06/06/2016 400,000.00 400,012.00 43,136.00 399,464.00 (546.18) 1.450 1.564 A
256350005 LC-Project Fund-Toll 2 59217GAY5 Corporate Metropolitan Life Global Funding I 01/10/2018 ---550,000.00 550,406.00 ---550,088.00 (260.80) 1.500 1.484 AA
256350005 LC-Project Fund-Toll 2 80851QDA9 Corporate The Charles Schwab Corporation 09/01/2017 10/27/2015 65,000.00 71,075.55 ---67,171.00 (37.71) 6.375 1.343 A
256350005 LC-Project Fund-Toll 2 780082AA1 Corporate Royal Bank of Canada 02/05/2020 06/24/2016 990,000.00 1,002,941.55 ---985,129.20 (16,042.82) 1.875 2.039 AAA
256350005 LC-Project Fund-Toll 2 46625HJF8 Corporate JPMorgan Chase & Co.01/25/2018 08/03/2016 265,000.00 266,831.15 ---266,733.10 401.67 1.782 1.299 A
256350005 LC-Project Fund-Toll 2 842434CN0 Corporate Southern California Gas Company 06/15/2018 06/15/2015 250,000.00 249,992.50 ---250,187.50 191.25 1.550 1.498 AA
256350005 LC-Project Fund-Toll 2 48121CYK6 Corporate JPMorgan Chase Bank, National Association 10/01/2017 03/09/2016 250,000.00 265,022.50 ---257,995.00 685.49 6.000 1.702 A
256350005 LC-Project Fund-Toll 2 6174467V5 Corporate Morgan Stanley 04/25/2018 ---311,000.00 314,084.33 ---314,256.17 1,142.98 2.162 1.494 A
256350005 LC-Project Fund-Toll 2 83700ENK0 CP South Carolina Electric & Gas Company 01/19/2017 12/20/2016 3,100,000.00 3,097,588.88 ---3,099,008.00 558.01 0.000 0.607 AA
256350005 LC-Project Fund-Toll 2 71112JN42 CP The Peoples Gas Light And Coke Company 01/04/2017 12/21/2016 725,000.00 724,743.84 ---724,985.50 49.54 0.000 0.180 AAA
256350005 LC-Project Fund-Toll 2 43357LND0 CP Hitachi Capital America Corp.01/13/2017 12/20/2016 3,500,000.00 3,497,604.46 ---3,499,300.00 606.66 0.000 0.555 AA
256350005 LC-Project Fund-Toll 2 06538BN58 CP The Bank of Tokyo-Mitsubishi UFJ, Ltd.01/05/2017 12/29/2016 3,500,000.00 3,499,557.64 ---3,499,860.00 112.78 0.000 0.288 AAA
256350005 LC-Project Fund-Toll 2 CCYUSD Currency UNITED STATES OF AMERICA 12/31/2016 ---- 0.00 ---0.00 - 0.000 0.000 AAA
256350005 LC-Project Fund-Toll 2 CCYUSD Currency UNITED STATES OF AMERICA 12/31/2016 ---- 5,111.23 ---5,111.23 - 0.000 0.000 AAA
256350005 LC-Project Fund-Toll 2 9AMMF05B2 MM Fund U.S. Bank Money Market Account Fund 12/31/2016 ---- 363,096.77 ---363,096.77 - 0.000 0.000 NA
256350005 LC-Project Fund-Toll 2 955116AZ1 Muni West Palm Beach, City of 10/01/2017 06/09/2016 230,000.00 229,857.40 ---229,277.80 (635.44) 1.100 1.520 AA
256350005 LC-Project Fund-Toll 2 65819WAC7 Muni North Carolina Eastern Municipal Power Agency 07/01/2018 ---190,000.00 190,625.40 ---190,400.90 27.10 2.003 1.860 A
256350005 LC-Project Fund-Toll 2 20772JL59 Muni Connecticut, State of 08/01/2020 03/03/2016 130,000.00 132,577.90 ---131,433.90 (685.34) 2.500 2.178 AA
256350005 LC-Project Fund-Toll 2 13063BFU1 Muni California, State Of 03/01/2019 ---140,000.00 158,412.45 ---153,591.20 (110.38) 6.200 1.626 AA
256350005 LC-Project Fund-Toll 2 937308AZ7 Muni WBRP 3.2 WASHINGTON BIOMED RES 03/01/2018 09/25/2015 95,000.00 95,000.00 ---94,837.55 (162.45) 1.485 1.633 AA
256350005 LC-Project Fund-Toll 2 49130TRY4 Muni Kentucky Housing Corporation 01/01/2017 06/17/2015 180,000.00 179,760.60 ---179,998.20 (1.80) 0.937 1.291 AAA
256350005 LC-Project Fund-Toll 2 91476PPG7 Muni University of Oklahoma 07/01/2020 11/17/2015 80,000.00 79,544.00 ---79,864.00 215.08 2.349 2.400 A
256350005 LC-Project Fund-Toll 2 62944BBC7 Non-US Gov N.V. Bank Nederlandse Gemeenten 07/14/2017 ---575,000.00 574,335.00 ---575,034.50 297.88 0.951 1.069 AAA
256350005 LC-Project Fund-Toll 2 298785GK6 Non-US Gov Banque Europeenne D'investissement (BEI)04/18/2017 ---575,000.00 575,503.50 ---574,620.50 (536.86) 0.875 1.094 AAA
256350005 LC-Project Fund-Toll 2 302154BL2 Non-US Gov The Export-Import Bank of Korea 01/14/2017 ---400,000.00 400,576.00 ---400,044.00 13.03 1.631 1.362 AA
256350005 LC-Project Fund-Toll 2 912828K33 TIPS Treasury, United States Department of 04/15/2020 06/02/2016 980,580.50 992,999.36 ---990,768.73 (366.04) 0.125 -0.190 AAA
256350005 LC-Project Fund-Toll 2 912828TG5 US Gov Treasury, United States Department of 07/31/2017 ---1,600,000.00 1,592,193.36 ---1,598,368.00 1,578.42 0.500 0.674 AAA
256350005 LC-Project Fund-Toll 2 912828KD1 US Gov Treasury, United States Department of 02/15/2019 ---1,935,000.00 2,027,131.64 ---1,995,778.35 (2,187.79) 2.750 1.249 AAA
256350005 LC-Project Fund-Toll 2 912828UA6 US Gov Treasury, United States Department of 11/30/2017 ---3,465,000.00 3,454,861.14 ---3,456,891.90 (2,729.56) 0.625 0.882 AAA
256350005 LC-Project Fund-Toll 2 912828B58 US Gov Treasury, United States Department of 01/31/2021 ---1,125,000.00 1,160,760.74 ---1,139,985.00 (16,059.51) 2.125 1.785 AAA
256350005 LC-Project Fund-Toll 2 912828UF5 US Gov Treasury, United States Department of 12/31/2019 ---3,775,000.00 3,776,018.56 ---3,738,269.25 (37,537.26) 1.125 1.457 AAA
256350005 LC-Project Fund-Toll 2 912828UR9 US Gov Treasury, United States Department of 02/28/2018 ---2,750,000.00 2,747,428.71 ---2,743,565.00 (4,509.20) 0.750 0.952 AAA
27
Page 8 of 32
Source
Account Account Identifier
Security Type
Category Issuer Final Maturity Trade Date
Current Face
Value Original Cost
Next Call
Date Base Market Value
Base Net Total
Unrealized Gain/Loss Coupon Yield
Summarized
Credit Rating
STAMP Portfolio by Account for quarter ended December 31, 2016
256350005 LC-Project Fund-Toll 2 912828VK3 US Gov Treasury, United States Department of 06/30/2018 ---2,475,000.00 2,500,920.91 ---2,486,607.75 (5,781.32) 1.375 1.060 AAA
57,734,448.04
256350022 LC-Sr Lien Ob Fund-1 Interest 31393EXC8 Agency CMO Federal National Mortgage Association 09/25/2018 07/24/2013 13,116.22 13,866.30 ---13,460.12 86.17 4.500 0.019 AAA
256350022 LC-Sr Lien Ob Fund-1 Interest 3136A4M89 Agency CMO Federal National Mortgage Association 01/25/2019 07/05/2013 138,489.22 139,371.01 ---138,914.38 205.73 1.934 1.793 AAA
256350022 LC-Sr Lien Ob Fund-1 Interest 3137ASNH3 Agency CMO Federal Home Loan Mortgage Corporation 09/25/2021 08/15/2013 288,215.94 280,650.27 ---285,290.55 1,480.08 1.459 1.889 AAA
256350022 LC-Sr Lien Ob Fund-1 Interest 31393V2T7 Agency CMO Federal Home Loan Mortgage Corporation 06/15/2018 07/08/2013 65,265.32 69,028.27 ---66,800.36 288.48 4.500 0.140 AAA
256350022 LC-Sr Lien Ob Fund-1 Interest 31402RBG3 Agency MBS Federal National Mortgage Association 09/01/2019 ---17,623.74 18,904.06 ---18,100.99 (110.34) 6.000 1.839 AAA
256350022 LC-Sr Lien Ob Fund-1 Interest 31385JLF3 Agency MBS Federal National Mortgage Association 08/01/2017 09/18/2013 20,832.00 22,238.16 ---20,950.74 (74.45) 6.000 1.802 AAA
256350022 LC-Sr Lien Ob Fund-1 Interest 38144LAB6 Corporate The Goldman Sachs Group, Inc.09/01/2017 07/03/2013 300,000.00 322,515.00 ---309,216.00 5,348.42 6.250 1.614 A
256350022 LC-Sr Lien Ob Fund-1 Interest 05565QCC0 Corporate BP Capital Markets P.L.C.11/06/2017 07/03/2013 300,000.00 292,194.00 ---299,829.00 1,406.63 1.375 1.442 A
256350022 LC-Sr Lien Ob Fund-1 Interest 166764AE0 Corporate Chevron Corporation 06/24/2018 06/17/2015 300,000.00 301,848.00 43,244.00 300,918.00 25.23 1.718 1.497 AA
256350022 LC-Sr Lien Ob Fund-1 Interest 891145TN4 Corporate The Toronto-Dominion Bank 03/13/2017 05/21/2015 700,000.00 707,168.00 ---700,546.00 (242.46) 1.500 1.110 AAA
256350022 LC-Sr Lien Ob Fund-1 Interest 48121CYK6 Corporate JPMorgan Chase Bank, National Association 10/01/2017 07/03/2013 300,000.00 341,424.00 ---309,594.00 1,953.27 6.000 1.702 A
256350022 LC-Sr Lien Ob Fund-1 Interest 89236TAY1 Corporate Toyota Motor Credit Corporation 10/24/2018 06/17/2015 500,000.00 505,870.00 ---502,960.00 (264.10) 2.000 1.667 AA
256350022 LC-Sr Lien Ob Fund-1 Interest 02580ECC5 Corporate American Express Bank, FSB 09/13/2017 07/08/2013 250,000.00 287,890.00 ---257,727.50 1,169.52 6.000 1.557 A
256350022 LC-Sr Lien Ob Fund-1 Interest 30231GAL6 Corporate Exxon Mobil Corporation 03/06/2018 06/10/2015 420,000.00 419,525.40 ---419,899.20 105.23 1.305 1.325 AAA
256350022 LC-Sr Lien Ob Fund-1 Interest 94974BGF1 Corporate Wells Fargo & Company 01/30/2020 06/03/2015 600,000.00 594,924.00 ---597,168.00 588.40 2.150 2.309 A
256350022 LC-Sr Lien Ob Fund-1 Interest 46625HJL5 Corporate JPMorgan Chase & Co.05/15/2018 06/03/2015 500,000.00 497,550.00 ---499,360.00 518.02 1.625 1.719 A
256350022 LC-Sr Lien Ob Fund-1 Interest 78011DAC8 Corporate Royal Bank of Canada 09/19/2017 05/21/2015 700,000.00 700,763.00 ---699,062.00 (1,176.22) 1.200 1.387 AAA
256350022 LC-Sr Lien Ob Fund-1 Interest 43357LND0 CP Hitachi Capital America Corp.01/13/2017 12/20/2016 200,000.00 199,863.11 ---199,960.00 34.67 0.000 0.555 AA
256350022 LC-Sr Lien Ob Fund-1 Interest CCYUSD Currency UNITED STATES OF AMERICA 12/31/2016 ---- 950,000.00 ---950,000.00 - 0.000 0.000 AAA
256350022 LC-Sr Lien Ob Fund-1 Interest 9AMMF05B2 MM Fund U.S. Bank Money Market Account Fund 12/31/2016 ---- 54,212.93 ---54,212.93 - 0.000 0.000 NA
256350022 LC-Sr Lien Ob Fund-1 Interest 235219JS2 Muni Dallas, City of 02/15/2017 07/10/2013 650,000.00 650,000.00 ---650,403.00 403.00 1.589 1.086 AA
256350022 LC-Sr Lien Ob Fund-1 Interest 912828J84 US Gov Treasury, United States Department of 03/31/2020 06/17/2015 200,000.00 197,023.44 ---198,954.00 997.51 1.375 1.540 AAA
256350022 LC-Sr Lien Ob Fund-1 Interest 912828UA6 US Gov Treasury, United States Department of 11/30/2017 07/05/2013 200,000.00 194,343.75 ---199,532.00 731.55 0.625 0.882 AAA
256350022 LC-Sr Lien Ob Fund-1 Interest 912828K41 US Gov Treasury, United States Department of 04/30/2017 07/30/2015 200,000.00 200,001.77 ---200,068.00 67.67 0.630 0.527 AAA
256350022 LC-Sr Lien Ob Fund-1 Interest 912828UZ1 US Gov Treasury, United States Department of 04/30/2018 07/14/2015 200,000.00 198,187.50 ---199,024.00 (108.21) 0.625 0.994 AAA
8,091,950.77
256350023 LC-Sr Lien Reserve Fund-1 3135G0D75 Agency Federal National Mortgage Association 06/22/2020 05/06/2015 600,000.00 593,490.00 ---597,204.00 1,679.09 1.500 1.638 AAA
256350023 LC-Sr Lien Reserve Fund-1 3137EADR7 Agency Federal Home Loan Mortgage Corporation 05/01/2020 05/15/2015 475,000.00 471,527.75 ---471,318.75 (1,317.95) 1.375 1.614 AAA
256350023 LC-Sr Lien Reserve Fund-1 3137EADB2 Agency Federal Home Loan Mortgage Corporation 01/13/2022 ---950,000.00 942,921.50 ---965,589.50 15,948.28 2.375 2.030 AAA
256350023 LC-Sr Lien Reserve Fund-1 3137AJMF8 Agency CMO Federal Home Loan Mortgage Corporation 10/25/2021 08/05/2015 30,000.00 31,038.28 ---30,909.30 114.42 2.968 2.237 AAA
256350023 LC-Sr Lien Reserve Fund-1 38377JZ89 Agency CMO
The Government National Mortgage Association Guaranteed REMIC Pass-
Through Securities 10/20/2039 07/05/2013 98,167.11 101,169.64 ---100,772.46 511.31 3.500 2.175 AAA
256350023 LC-Sr Lien Reserve Fund-1 31392JJ83 Agency CMO Federal National Mortgage Association 03/25/2018 07/08/2013 8,384.74 8,845.90 ---8,508.07 6.69 5.000 1.250 AAA
256350023 LC-Sr Lien Reserve Fund-1 38376GB33 Agency CMO
The Government National Mortgage Association Guaranteed REMIC Pass-
Through Securities 10/16/2044 01/23/2015 316,320.69 324,692.20 ---320,040.62 (3,672.95) 3.500 2.248 AAA
256350023 LC-Sr Lien Reserve Fund-1 3137AUPE3 Agency CMO Federal Home Loan Mortgage Corporation 06/25/2022 ---379,000.00 366,344.03 ---379,958.87 8,536.55 2.396 2.325 AAA
256350023 LC-Sr Lien Reserve Fund-1 38378CRT6 Agency CMO
The Government National Mortgage Association Guaranteed REMIC Pass-
Through Securities 10/20/2040 05/22/2014 85,600.51 82,657.99 ---84,824.97 1,808.05 2.000 2.296 AAA
256350023 LC-Sr Lien Reserve Fund-1 38376T5Z1 Agency CMO
The Government National Mortgage Association Guaranteed REMIC Pass-
Through Securities 01/16/2039 01/26/2015 128,091.10 133,823.18 ---131,639.23 (1,400.25) 3.000 2.092 AAA
256350023 LC-Sr Lien Reserve Fund-1 38377RSZ9 Agency CMO
The Government National Mortgage Association Guaranteed REMIC Pass-
Through Securities 06/16/2039 01/21/2015 36,011.60 38,165.42 ---37,278.49 (483.96) 4.500 1.300 AAA
256350023 LC-Sr Lien Reserve Fund-1 38378BX20 Agency CMO Government National Mortgage Association 06/16/2051 03/17/2015 56,459.22 55,203.41 ---54,408.62 (773.03) 1.240 2.008 AAA
256350023 LC-Sr Lien Reserve Fund-1 38380AZ34 Agency CMO
The Government National Mortgage Association Guaranteed REMIC Pass-
Through Securities 04/20/2046 11/28/2016 174,496.23 179,372.14 ---177,875.43 (2,016.89) 3.000 2.624 AAA
256350023 LC-Sr Lien Reserve Fund-1 38378B7E3 Agency CMO Government National Mortgage Association 05/16/2046 ---286,665.84 276,780.70 ---271,710.49 (5,404.18) 1.744 2.691 AAA
256350023 LC-Sr Lien Reserve Fund-1 38377RVK8 Agency CMO
The Government National Mortgage Association Guaranteed REMIC Pass-
Through Securities 04/20/2039 ---146,940.68 151,084.86 ---150,712.65 693.38 3.000 2.063 AAA
256350023 LC-Sr Lien Reserve Fund-1 3137ASNH3 Agency CMO Federal Home Loan Mortgage Corporation 09/25/2021 07/03/2013 288,215.94 281,652.27 ---285,290.55 842.17 1.459 1.889 AAA
256350023 LC-Sr Lien Reserve Fund-1 3136A72D3 Agency CMO Federal National Mortgage Association 04/25/2022 07/03/2013 395,000.00 375,250.00 ---395,983.55 13,716.81 2.482 2.473 AAA
256350023 LC-Sr Lien Reserve Fund-1 38378B7F0 Agency CMO Government National Mortgage Association 12/16/2042 ---450,000.00 427,324.22 ---434,479.50 6,090.84 2.273 2.891 AAA
256350023 LC-Sr Lien Reserve Fund-1 38376WA62 Agency CMO
The Government National Mortgage Association Guaranteed REMIC Pass-
Through Securities 10/20/2039 01/21/2015 89,796.54 94,276.39 ---95,354.94 684.17 4.000 1.467 AAA
256350023 LC-Sr Lien Reserve Fund-1 38378TAF7 Agency CMO
The Government National Mortgage Association Guaranteed REMIC Pass-
Through Securities 07/20/2041 07/05/2013 192,218.07 192,247.05 ---194,903.36 2,810.40 2.500 2.063 AAA
256350023 LC-Sr Lien Reserve Fund-1 3137ATRW4 Agency CMO Federal Home Loan Mortgage Corporation 05/25/2022 12/21/2016 125,000.00 124,804.69 ---125,220.00 414.95 2.373 2.317 AAA
256350023 LC-Sr Lien Reserve Fund-1 31395EZP5 Agency CMO Federal Home Loan Mortgage Corporation 08/15/2019 07/09/2013 46,687.26 49,393.66 ---47,976.76 98.93 4.500 1.081 AAA
256350023 LC-Sr Lien Reserve Fund-1 38378KXW4 Agency MBS
The Government National Mortgage Association Guaranteed REMIC Pass-
Through Securities 02/16/2037 12/11/2014 187,936.47 187,026.16 ---185,130.58 (1,962.32) 1.705 2.145 AAA
256350023 LC-Sr Lien Reserve Fund-1 31413XVG5 Agency MBS Federal National Mortgage Association 06/01/2019 08/04/2014 200,000.00 218,500.00 ---203,028.00 (6,213.65) 4.506 3.770 AAA
256350023 LC-Sr Lien Reserve Fund-1 3138L76A9 Agency MBS Federal National Mortgage Association/Fannie Mae 11/01/2021 10/04/2016 125,000.00 129,511.72 ---126,515.00 (2,789.84) 2.590 2.286 AAA
256350023 LC-Sr Lien Reserve Fund-1 38379KDN5 Agency MBS Government National Mortgage Association 09/16/2055 08/05/2015 184,517.28 179,803.43 ---178,481.72 (1,698.68) 2.103 2.607 AAA
256350023 LC-Sr Lien Reserve Fund-1 3136A4M48 Agency MBS Federal National Mortgage Association 01/25/2022 07/05/2013 304,118.99 304,974.32 ---304,389.65 1.51 2.098 2.048 AAA
256350023 LC-Sr Lien Reserve Fund-1 31381PEB0 Agency MBS Federal National Mortgage Association 11/01/2020 09/26/2014 260,287.58 274,074.69 ---272,992.22 4,168.87 3.370 1.949 AAA
256350023 LC-Sr Lien Reserve Fund-1 38378KRS0 Agency MBS
The Government National Mortgage Association Guaranteed REMIC Pass-
Through Securities 07/16/2043 05/08/2015 450,000.00 434,460.94 ---436,653.00 1,431.16 2.389 2.742 AAA
256350023 LC-Sr Lien Reserve Fund-1 38378KWU9 Agency MBS
The Government National Mortgage Association Guaranteed REMIC Pass-
Through Securities 11/16/2041 ---81,643.04 79,725.84 ---78,541.42 (1,281.84) 1.400 2.465 AAA
256350023 LC-Sr Lien Reserve Fund-1 38378XP62 Agency MBS
The Government National Mortgage Association Guaranteed REMIC Pass-
Through Securities 05/16/2055 05/14/2015 384,307.02 389,050.81 ---379,510.86 (9,237.67) 2.500 2.673 AAA
256350023 LC-Sr Lien Reserve Fund-1 3138EKXL4 Agency MBS Federal National Mortgage Association/Fannie Mae 03/01/2023 12/21/2016 291,984.66 288,699.84 ---292,072.26 3,393.79 2.356 2.331 AAA
256350023 LC-Sr Lien Reserve Fund-1 3137B1U75 Agency MBS Federal Home Loan Mortgage Corporation 01/25/2023 08/29/2016 380,000.00 394,917.97 ---380,364.80 (13,696.22) 2.522 2.483 AAA
256350023 LC-Sr Lien Reserve Fund-1 31381T4E7 Agency MBS Federal National Mortgage Association/Fannie Mae 03/01/2022 10/25/2016 274,151.50 286,434.78 ---278,705.16 (7,367.80) 2.670 2.283 AAA
256350023 LC-Sr Lien Reserve Fund-1 31404WTT3 Agency MBS Federal National Mortgage Association 05/01/2019 12/31/2013 0.01 0.01 ---0.01 (0.00) 4.500 1.489 AAA
256350023 LC-Sr Lien Reserve Fund-1 31417YKF3 Agency MBS Federal National Mortgage Association 01/01/2030 07/10/2013 109,244.49 115,252.93 ---117,497.91 2,220.70 4.500 2.393 AAA
256350023 LC-Sr Lien Reserve Fund-1 31385XBG1 Agency MBS Federal National Mortgage Association 03/01/2018 09/13/2013 2,414.54 2,571.48 ---2,427.62 (7.58) 6.000 1.924 AAA
28
Page 9 of 32
Source
Account Account Identifier
Security Type
Category Issuer Final Maturity Trade Date
Current Face
Value Original Cost
Next Call
Date Base Market Value
Base Net Total
Unrealized Gain/Loss Coupon Yield
Summarized
Credit Rating
STAMP Portfolio by Account for quarter ended December 31, 2016
256350023 LC-Sr Lien Reserve Fund-1 38378KSL4 Agency MBS
The Government National Mortgage Association Guaranteed REMIC Pass-
Through Securities 12/16/2046 ---425,000.00 415,829.11 ---406,448.75 (9,599.75) 2.785 3.011 AAA
256350023 LC-Sr Lien Reserve Fund-1 3138EJPZ5 Agency MBS Federal National Mortgage Association 07/01/2022 08/29/2016 337,153.97 358,107.56 ---348,010.33 (8,741.66) 2.973 2.090 AAA
256350023 LC-Sr Lien Reserve Fund-1 3138L33G8 Agency MBS Federal National Mortgage Association/Fannie Mae 06/01/2020 11/12/2015 100,000.00 99,875.00 ---100,184.00 332.09 2.010 1.923 AAA
256350023 LC-Sr Lien Reserve Fund-1 31381Q6B7 Agency MBS Federal National Mortgage Association/Fannie Mae 06/01/2021 07/15/2016 190,238.67 210,986.58 ---205,743.12 (3,400.65) 4.295 2.231 AAA
256350023 LC-Sr Lien Reserve Fund-1 38378B6A2 Agency MBS Government National Mortgage Association 11/16/2052 01/22/2015 130,179.62 126,075.90 ---125,564.75 (533.66) 1.826 2.693 AAA
256350023 LC-Sr Lien Reserve Fund-1 3136A7MN9 Agency MBS Federal National Mortgage Association 05/25/2022 08/29/2016 300,000.00 308,578.13 ---296,244.00 (11,826.83) 2.349 2.487 AAA
256350023 LC-Sr Lien Reserve Fund-1 36202F2H8 Agency MBS Ginnie Mae II 01/20/2027 11/14/2016 237,469.41 246,448.73 ---245,184.80 (1,308.75) 3.000 2.047 AAA
256350023 LC-Sr Lien Reserve Fund-1 3136AHAE0 Agency MBS Federal National Mortgage Association/Fannie Mae 04/25/2023 10/28/2016 235,396.90 240,472.65 ---232,715.73 (7,638.62) 2.505 2.605 AAA
256350023 LC-Sr Lien Reserve Fund-1 3128MMAK9 Agency MBS Federal Home Loan Mortgage Corporation 09/01/2019 07/08/2013 0.01 0.01 ---0.01 (0.00) 5.000 1.663 AAA
256350023 LC-Sr Lien Reserve Fund-1 9AMMF05B2 MM Fund U.S. Bank Money Market Account Fund 12/31/2016 ---- 19,523.51 ---19,523.51 - 0.000 0.000 NA
256350023 LC-Sr Lien Reserve Fund-1 912828WU0 TIPS Treasury, United States Department of 07/15/2024 02/05/2016 397,020.00 386,463.42 ---390,032.45 2,472.52 0.125 0.362 AAA
256350023 LC-Sr Lien Reserve Fund-1 912828B58 US Gov Treasury, United States Department of 01/31/2021 ---1,640,000.00 1,677,556.65 ---1,661,844.80 (7,695.02) 2.125 1.785 AAA
256350023 LC-Sr Lien Reserve Fund-1 912828UF5 US Gov Treasury, United States Department of 12/31/2019 11/16/2015 250,000.00 246,132.81 ---247,567.50 404.09 1.125 1.457 AAA
256350023 LC-Sr Lien Reserve Fund-1 912828VV9 US Gov Treasury, United States Department of 08/31/2020 ---235,000.00 241,525.78 ---238,799.95 (1,415.03) 2.125 1.668 AAA
256350023 LC-Sr Lien Reserve Fund-1 912828VB3 US Gov Treasury, United States Department of 05/15/2023 07/05/2013 1,600,000.00 1,487,125.00 ---1,558,368.00 34,517.97 1.750 2.189 AAA
256350023 LC-Sr Lien Reserve Fund-1 912828XB1 US Gov Treasury, United States Department of 05/15/2025 05/24/2016 1,200,000.00 1,228,546.88 ---1,176,372.00 (50,402.21) 2.125 2.386 AAA
256350023 LC-Sr Lien Reserve Fund-1 912828RC6 US Gov Treasury, United States Department of 08/15/2021 ---1,775,000.00 1,804,427.73 ---1,791,844.75 (8,274.89) 2.125 1.910 AAA
17,642,718.76
29
Page 10 of 32
Source
Account Account Identifier Description
Beginning Base
Market Value Base Purchases Base Sales
Base Maturities and
Redemptions Base Paydowns
Net Total Realized
Gain/Loss
Base
Amortization/A
ccretion
Base Change In
Net Unrealized
Gain/Loss
Ending Base
Market Value
Ending Accrued
Income Balance
205091001 LC-2013 A Capitalized Interest 9AMMF05B2 U.S. BANK MONEY MARKET ACCOUNT FUND 314,740.99 18,320,825.53 (18,525,689.99) - - - - - 109,876.53 -
205091001 LC-2013 A Capitalized Interest 313384P78 FEDERAL HOME LOAN BANKS - 184,969.48 - (185,000.00) - - 30.52 - - -
205091001 LC-2013 A Capitalized Interest 313384P78 FEDERAL HOME LOAN BANKS - 1,599,729.10 - (1,600,000.00) - - 270.90 - - -
205091001 LC-2013 A Capitalized Interest 31392HWL3 FNR 033D BC 15,292.52 - - - (3,718.99) (52.25) (11.61) (79.74) 11,429.93 46.84
205091001 LC-2013 A Capitalized Interest 31392F6C6 FNR 0277C CB 89,503.20 - - - (25,686.94) (358.01) (118.24) (304.00) 63,036.01 259.58
205091001 LC-2013 A Capitalized Interest 31393EXC8 FNR 0388E TH 150,541.68 - - - (29,111.13) (561.85) (77.57) 349.97 121,141.10 442.67
205091001 LC-2013 A Capitalized Interest 912828UB4 UNITED STATES TREASURY 2,504,975.00 - (1,234,716.80) - - 7,523.65 2,963.64 (45,783.00) 1,234,962.50 1,098.90
205091001 LC-2013 A Capitalized Interest 89236TAY1 TOYOTA MOTOR CREDIT CORP 2,029,260.00 - - - - - (1,770.18) (15,649.82) 2,011,840.00 7,444.44
205091001 LC-2013 A Capitalized Interest 89114QAE8 TORONTO DOMINION BANK 750,442.50 - - (750,000.00) - - (404.69) (37.81) - -
205091001 LC-2013 A Capitalized Interest 912828UA6 UNITED STATES TREASURY 1,748,635.00 - - - - - 2,875.94 (5,605.94) 1,745,905.00 961.54
205091001 LC-2013 A Capitalized Interest 912796KU2 UNITED STATES TREASURY - 4,091,056.99 - - - - 734.13 90.88 4,091,882.00 -
205091001 LC-2013 A Capitalized Interest 31402RBG3 FN 735439 76,629.95 - - - (20,916.77) (666.48) (26.26) 66.67 55,087.12 268.17
205091001 LC-2013 A Capitalized Interest 31402RBG3 FN 735439 3,572.43 - - - (975.12) (30.08) (1.20) 2.09 2,568.12 12.50
205091001 LC-2013 A Capitalized Interest 31402RBG3 FN 735439 5,908.60 - - - (1,612.80) (46.42) (1.90) 0.04 4,247.52 20.68
205091001 LC-2013 A Capitalized Interest 30231GAL6 EXXON MOBIL CORP 581,757.40 - - - - - 60.92 (1,957.52) 579,860.80 2,417.88
205091001 LC-2013 A Capitalized Interest 31392FPP6 FNR 0274C PE 53,170.42 - - - (15,675.48) (201.78) (65.33) (182.69) 37,045.14 152.74
205091001 LC-2013 A Capitalized Interest 3136A8G38 FN 12M13A A2 1,687,349.72 - (1,283,844.47) - (403,958.51) 5,787.19 913.05 (6,246.98) - -
205091001 LC-2013 A Capitalized Interest 31410GSQ7 FN 888927 37,695.66 - - - (12,856.06) (237.28) (154.87) 116.54 24,563.99 121.62
205091001 LC-2013 A Capitalized Interest 3128MBTH0 FH G13052 53,478.03 - - - (10,127.42) (252.58) (151.23) 12.54 42,959.33 174.72
205091001 LC-2013 A Capitalized Interest 3130A7P82 FEDERAL HOME LOAN BANKS 700,014.00 - - (700,000.00) - - (7.57) (6.43) - -
205091001 LC-2013 A Capitalized Interest 36290WH47 GN 619551 464,552.92 - - - (71,959.60) (1,911.47) (1,458.40) 3,342.94 392,566.39 1,440.72
205091001 LC-2013 A Capitalized Interest 3128H4NR6 FH E96700 36,662.10 - - - (8,971.53) (188.27) (108.03) (21.65) 27,372.62 111.33
205091001 LC-2013 A Capitalized Interest 3128PGLY7 FH J04843 46,191.98 - - - (22,252.65) (168.66) (127.40) (372.79) 23,270.48 94.64
205091001 LC-2013 A Capitalized Interest 912828UZ1 UNITED STATES TREASURY 3,394,424.00 - (1,292,738.28) - - 247.64 2,911.70 (15,093.06) 2,089,752.00 2,247.93
205091001 LC-2013 A Capitalized Interest 822582AC6 SHELL INTERNATIONAL FINANCE BV 408,148.00 - - - - - (3,526.95) (1,349.05) 403,272.00 5,720.00
205091001 LC-2013 A Capitalized Interest 184126YS3 CLAYTON CNTY & CLAYTON CNTY GA WTR AUTH WTR & SEW 772,941.40 - - - - - 962.42 (3,464.92) 770,438.90 1,668.33
205091001 LC-2013 A Capitalized Interest 64966H4E7 NEW YORK N Y 1,196,687.70 - - - - - (4,195.18) (5,995.52) 1,186,497.00 9,184.50
205091001 LC-2013 A Capitalized Interest 037833AJ9 APPLE INC 2,995,830.00 - - - - - 3,489.98 (10,569.98) 2,988,750.00 4,833.33
205091001 LC-2013 A Capitalized Interest 912828M23 UNITED STATES TREASURY 800,768.00 - - - - - 229.60 74.40 801,072.00 890.16
205091001 LC-2013 A Capitalized Interest 084664BE0 BERKSHIRE HATHAWAY FINANCE CORP 853,728.00 - - - - - (7,882.60) (3,893.40) 841,952.00 5,520.00
205091001 LC-2013 A Capitalized Interest 31392BVM5 FNR 023C PG 2,223.54 - - - (2,217.46) (7.40) (2.90) 4.22 - -
205091001 LC-2013 A Capitalized Interest 912828J84 UNITED STATES TREASURY 2,431,416.00 - (1,692,164.06) - - 7,917.69 1,170.42 (52,001.05) 696,339.00 2,459.13
205091001 LC-2013 A Capitalized Interest 912828J84 UNITED STATES TREASURY 1,317,017.00 - - - - - 898.93 (24,714.93) 1,293,201.00 4,566.96
205091001 LC-2013 A Capitalized Interest 3130A3CE2 FEDERAL HOME LOAN BANKS 275,027.50 - - (275,000.00) - - (25.54) (1.96) - -
205091001 LC-2013 A Capitalized Interest 89153VAC3 TOTAL CAPITAL INTERNATIONAL SA 160,456.00 - - - - - 145.10 (337.10) 160,264.00 20.67
205091001 LC-2013 A Capitalized Interest 90327QCW7 USAA CAPITAL CORP 4,010,600.00 - - (4,000,000.00) - - (8,709.99) (1,890.01) - -
205091001 LC-2013 A Capitalized Interest 31294LPZ0 FH E02240 4,683.71 - - - (4,673.21) (6.60) (9.20) 5.29 - -
205091001 LC-2013 A Capitalized Interest 912828RU6 UNITED STATES TREASURY 3,353,618.00 - - (3,350,000.00) - - 146.92 (3,764.92) - -
205091001 LC-2013 A Capitalized Interest 36200AFG9 GN 595167 11,505.15 - - - (3,440.64) (61.21) (32.71) 26.60 7,997.19 36.30
205091001 LC-2013 A Capitalized Interest 235219JS2 DALLAS TEX 2,142,451.15 - - - - - - (6,127.45) 2,136,323.70 12,816.17
205091001 LC-2013 A Capitalized Interest 31393V2T7 FHR 2627E GY 279,177.86 - - - (58,170.70) (953.34) 384.20 (501.41) 219,936.61 805.81
205091001 LC-2013 A Capitalized Interest 313384P52 FEDERAL HOME LOAN BANKS - 699,889.75 - (700,000.00) - - 110.25 - - -
205091001 LC-2013 A Capitalized Interest 31402QT68 FN 735073 111,916.45 - - - (23,375.20) (962.30) (144.41) (149.12) 87,285.41 422.27
205091001 LC-2013 A Capitalized Interest 3128GNR59 FH E85908 2,500.38 - - - (2,502.08) (0.00) - 1.70 - -
205091001 LC-2013 A Capitalized Interest 31401MWC1 FN 712643 356,159.34 - - - (80,054.49) (1,674.00) (989.30) 1,341.60 274,783.15 1,002.61
205091001 LC-2013 A Capitalized Interest 3128PHVS7 FH J06025 25,687.32 - - - (6,320.39) (113.45) (33.02) (77.13) 19,143.33 77.86
205091001 LC-2013 A Capitalized Interest 3132FEAK7 FH Z50010 52,149.81 - - - (13,041.34) (239.02) (184.63) (35.47) 38,649.35 157.19
205091001 LC-2013 A Capitalized Interest 3137EADS5 FREDDIE MAC 320,054.40 - - (320,000.00) - - (55.78) 1.38 - -
36,629,544.82 24,896,470.85 (24,029,153.60) (11,880,000.00) (821,618.51) 12,783.74 (11,978.07) (200,777.99) 24,595,271.23 67,498.19
256350001 LC-Project Fund-2 Senior Lien 9AMMF05B2 U.S. BANK MONEY MARKET ACCOUNT FUND 12,392,547.06 15,727,957.06 (28,048,111.21) - - - - - 72,392.91 -
256350001 LC-Project Fund-2 Senior Lien 313385AV8 FEDERAL HOME LOAN BANKS - 299,916.00 - - - - 8.00 22.00 299,946.00 -
256350001 LC-Project Fund-2 Senior Lien 43357LL75 Hitachi Capital America Corp.- 999,241.67 - (1,000,000.00) - - 758.33 - - -
256350001 LC-Project Fund-2 Senior Lien 06538BNH2 The Bank of Tokyo-Mitsubishi UFJ, Ltd.- 997,827.78 - - - - 1,794.44 97.78 999,720.00 -
256350001 LC-Project Fund-2 Senior Lien 313385AD8 FEDERAL HOME LOAN BANKS - 599,970.00 - - - - 12.00 12.00 599,994.00 -
256350001 LC-Project Fund-2 Senior Lien 313385AD8 FEDERAL HOME LOAN BANKS - 399,975.28 - - - - 9.89 10.83 399,996.00 -
256350001 LC-Project Fund-2 Senior Lien 78355ALJ1 Ryder System, Inc.- 999,342.22 - (1,000,000.00) - - 657.78 - - -
256350001 LC-Project Fund-2 Senior Lien 22533TNH5 Credit Agricole Corporate and Investment Bank - 997,776.67 - - - - 1,836.66 106.67 999,720.00 -
256350001 LC-Project Fund-2 Senior Lien 83700EKQ0 South Carolina Electric & Gas Company 999,690.00 - - (1,000,000.00) - - 511.11 (201.11) - -
256350001 LC-Project Fund-2 Senior Lien 83700EM62 South Carolina Electric & Gas Company - 999,104.17 (749,868.50) (250,000.00) - (6.50) 770.83 - - -
256350001 LC-Project Fund-2 Senior Lien 57708LME5 Mattel, Inc.- 999,510.00 - (1,000,000.00) - - 490.00 - - -
256350001 LC-Project Fund-2 Senior Lien 69372ALA8 PACCAR Financial Corp.- 999,633.33 - (1,000,000.00) - - 366.67 - - -
256350001 LC-Project Fund-2 Senior Lien 65475LKJ0 Nissan Motor Acceptance Corporation 1,099,758.00 - - (1,100,000.00) - - 363.61 (121.61) - -
256350001 LC-Project Fund-2 Senior Lien 14912DM89 Caterpillar Financial Services Corporation - 999,146.11 (999,838.89) - - (13.89) 706.67 - - -
256350001 LC-Project Fund-2 Senior Lien 63873JNH9 Natixis - 997,725.00 - - - - 1,875.00 120.00 999,720.00 -
256350001 LC-Project Fund-2 Senior Lien 92780JMG3 Virginia Electric and Power Company - 998,570.00 - (1,000,000.00) - - 1,430.00 - - -
256350001 LC-Project Fund-2 Senior Lien 43357LKB7 Hitachi Capital America Corp.1,099,868.00 - - (1,100,000.00) - - 311.67 (179.67) - -
256350001 LC-Project Fund-2 Senior Lien 313385AN6 FEDERAL HOME LOAN BANKS - 324,943.13 - - - - 8.12 13.00 324,964.25 -
256350001 LC-Project Fund-2 Senior Lien 313385AN6 FEDERAL HOME LOAN BANKS - 499,913.47 - - - - 12.36 19.17 499,945.00 -
256350001 LC-Project Fund-2 Senior Lien 3454G0KK3 Ford Motor Credit Company LLC 1,099,736.00 - - (1,100,000.00) - - 473.00 (209.00) - -
256350001 LC-Project Fund-2 Senior Lien 74433GNB8 Prudential Funding LLC - 998,250.00 - - - - 1,541.67 48.33 999,840.00 -
256350001 LC-Project Fund-2 Senior Lien 06538BN58 The Bank of Tokyo-Mitsubishi UFJ, Ltd.- 999,873.61 - - - - 54.17 32.22 999,960.00 -
256350001 LC-Project Fund-2 Senior Lien 313397AJ0 FEDERAL HOME LOAN MORTGAGE CORP - 399,950.56 - - - - 9.89 15.55 399,976.00 -
256350001 LC-Project Fund-2 Senior Lien 88513AKQ4 Thomson Reuters Corporation 999,690.00 - - (1,000,000.00) - - 606.94 (296.94) - -
256350001 LC-Project Fund-2 Senior Lien 91324PCJ9 UNITEDHEALTH GROUP INC 290,275.50 - - - - - (38.61) (187.59) 290,049.30 814.26
256350001 LC-Project Fund-2 Senior Lien 13607EMG1 CIBC World Markets Corp.- 999,581.11 - (1,000,000.00) - - 418.89 - - -
256350001 LC-Project Fund-2 Senior Lien 0255E2KC3 American Electric Power Company, Inc.1,099,857.00 - - (1,100,000.00) - - 302.50 (159.50) - -
256350001 LC-Project Fund-2 Senior Lien 44890MK43 Hyundai Capital America 824,991.75 - - (825,000.00) - - 48.81 (40.56) - -
256350001 LC-Project Fund-2 Senior Lien 313385AF3 FEDERAL HOME LOAN BANKS - 349,961.11 - - - - 14.58 13.81 349,989.50 -
256350001 LC-Project Fund-2 Senior Lien 313385AF3 FEDERAL HOME LOAN BANKS - 499,956.74 - - - - 12.36 15.90 499,985.00 -
256350001 LC-Project Fund-2 Senior Lien 74451KLH5 Public Service Company of North Carolina, Incorpor - 999,513.33 - (1,000,000.00) - - 486.67 - - -
256350001 LC-Project Fund-2 Senior Lien 313385AT3 FEDERAL HOME LOAN BANKS - 299,924.00 - - - - 8.00 20.00 299,952.00 -
STAMP Portfolio Transaction Report by Account
Quarter ended December 31, 2016
30
ATTACHMENT 4
Page 11 of 32
Source
Account Account Identifier Description
Beginning Base
Market Value Base Purchases Base Sales
Base Maturities and
Redemptions Base Paydowns
Net Total Realized
Gain/Loss
Base
Amortization/A
ccretion
Base Change In
Net Unrealized
Gain/Loss
Ending Base
Market Value
Ending Accrued
Income Balance
STAMP Portfolio Transaction Report by Account
Quarter ended December 31, 2016
256350001 LC-Project Fund-2 Senior Lien 46640PNL3 J.P. Morgan Securities LLC - 808,034.40 - - - - 1,555.20 135.00 809,724.60 -
256350001 LC-Project Fund-2 Senior Lien 58507AKH5 Medtronic Global Holdings S.C.A.1,099,769.00 - - (1,100,000.00) - - 356.89 (125.89) - -
21,006,182.31 34,195,596.75 (29,797,818.60) (15,575,000.00) - (20.39) 17,774.10 (839.62) 9,845,874.56 814.26
256350004 LC-PF-2 Sales Tax Revenue Bond 9AMMF05B2 U.S. BANK MONEY MARKET ACCOUNT FUND 57.12 - - - - - - - 57.12 -
256350005 LC-Project Fund-Toll 2 9AMMF05B2 U.S. BANK MONEY MARKET ACCOUNT FUND 2,409,828.30 28,803,856.27 (30,850,587.80) - - - - - 363,096.77 -
256350005 LC-Project Fund-Toll 2 55315FAB6 MMAF 16A A2 275,500.50 - - - - - 0.67 (402.17) 275,099.00 169.89
256350005 LC-Project Fund-Toll 2 93884EL94 Washington Gas Light Company - 674,900.06 - (675,000.00) - - 99.94 - - -
256350005 LC-Project Fund-Toll 2 161571FK5 CHAIT 124 A 151,317.00 - - - - - 110.47 (2,406.97) 149,020.50 105.33
256350005 LC-Project Fund-Toll 2 00138CAA6 AIG GLOBAL FUNDING 401,640.00 - (401,464.00) - - 525.57 (151.95) (549.62) - -
256350005 LC-Project Fund-Toll 2 00138CAA6 AIG GLOBAL FUNDING 301,230.00 - (301,098.00) - - 803.05 (47.71) (887.34) - -
256350005 LC-Project Fund-Toll 2 912828TG5 UNITED STATES TREASURY 24,976.50 - - - - - 9.76 (11.76) 24,974.50 52.31
256350005 LC-Project Fund-Toll 2 912828TG5 UNITED STATES TREASURY 699,342.00 - - - - - 754.57 (810.57) 699,286.00 1,464.67
256350005 LC-Project Fund-Toll 2 912828TG5 UNITED STATES TREASURY 874,177.50 - - - - - 610.74 (680.74) 874,107.50 1,830.84
256350005 LC-Project Fund-Toll 2 36225FGM5 G2 082903 98,240.08 - (91,297.83) - (6,717.73) (304.79) (22.75) 103.01 - -
256350005 LC-Project Fund-Toll 2 865622CB8 SUMITOMO MITSUI BANKING CORP 251,262.50 - - - - - - 67.50 251,330.00 948.79
256350005 LC-Project Fund-Toll 2 3454G0K56 Ford Motor Credit Company LLC 599,982.00 - - (600,000.00) - - 48.67 (30.67) - -
256350005 LC-Project Fund-Toll 2 500769FZ2 KFW 289,997.10 - (290,005.80) - - 25.82 55.06 (72.18) - -
256350005 LC-Project Fund-Toll 2 500769FZ2 KFW 249,997.50 - (250,005.00) - - 16.90 32.72 (42.12) - -
256350005 LC-Project Fund-Toll 2 955116AZ1 WEST PALM BEACH FLA SPL OBLIG 230,046.00 - - - - - 29.23 (797.43) 229,277.80 632.50
256350005 LC-Project Fund-Toll 2 3137AH6Q6 FHMS K704 A2 479,291.58 - - - (2,383.60) (48.89) (1,523.31) (1,341.93) 473,993.84 940.99
256350005 LC-Project Fund-Toll 2 22546QAM9 CREDIT SUISSE AG (NEW YORK BRANCH)255,066.30 - - - - - 132.58 (2.53) 255,196.35 343.68
256350005 LC-Project Fund-Toll 2 22546QAM9 CREDIT SUISSE AG (NEW YORK BRANCH)300,078.00 - - - - - 34.36 118.64 300,231.00 404.33
256350005 LC-Project Fund-Toll 2 298785GK6 EUROPEAN INVESTMENT BANK 275,035.75 - - - - - (85.76) (131.49) 274,818.50 487.93
256350005 LC-Project Fund-Toll 2 298785GK6 EUROPEAN INVESTMENT BANK 300,039.00 - - - - - (49.24) (187.76) 299,802.00 532.29
256350005 LC-Project Fund-Toll 2 26442CAD6 DUKE ENERGY CAROLINAS LLC 123,081.80 - - - - - (1,020.64) (838.84) 121,222.32 1,248.93
256350005 LC-Project Fund-Toll 2 02582JGG9 AMXCA 132 A 300,939.00 - - - - - 280.58 (298.58) 300,921.00 159.22
256350005 LC-Project Fund-Toll 2 74368CAD6 PROTECTIVE LIFE GLOBAL FUNDING 294,548.65 - (291,221.05) - - (3,778.95) - 451.35 - -
256350005 LC-Project Fund-Toll 2 36159LBW5 GEDFT 122 A 300,744.00 - - - - - (172.99) (226.01) 300,345.00 148.90
256350005 LC-Project Fund-Toll 2 36159LBW5 GEDFT 122 A - 200,507.81 - - - - (223.96) (53.85) 200,230.00 99.27
256350005 LC-Project Fund-Toll 2 38378NNA7 GNR 13194 AB 520,724.57 - - - (58,598.90) (374.47) (39.93) (2,964.49) 458,746.79 860.94
256350005 LC-Project Fund-Toll 2 828807CM7 SIMON PROPERTY GROUP LP 401,236.00 - (399,856.00) - - (774.76) (123.67) (481.57) - -
256350005 LC-Project Fund-Toll 2 828807CM7 SIMON PROPERTY GROUP LP 140,432.60 - (139,949.60) - - 182.38 35.77 (701.15) - -
256350005 LC-Project Fund-Toll 2 912828KD1 UNITED STATES TREASURY 731,717.00 - - - - - (2,710.66) (7,019.34) 721,987.00 7,271.06
256350005 LC-Project Fund-Toll 2 912828KD1 UNITED STATES TREASURY 653,318.75 - - - - - (2,411.81) (6,275.69) 644,631.25 6,492.02
256350005 LC-Project Fund-Toll 2 912828KD1 UNITED STATES TREASURY 324,046.10 - - - - - (1,128.72) (3,180.28) 319,737.10 3,220.04
256350005 LC-Project Fund-Toll 2 912828KD1 UNITED STATES TREASURY 313,593.00 - - - - - (1,062.88) (3,107.12) 309,423.00 3,116.17
256350005 LC-Project Fund-Toll 2 65478QAD0 NALT 16A A3 155,331.70 - - - - - 0.89 (225.64) 155,106.95 102.64
256350005 LC-Project Fund-Toll 2 58769AAD8 MBALT 15B A3 255,527.85 - - - - - 1.29 (335.34) 255,193.80 151.87
256350005 LC-Project Fund-Toll 2 58769AAD8 MBALT 15B A3 170,351.90 - - - - - (98.83) (123.87) 170,129.20 101.24
256350005 LC-Project Fund-Toll 2 58769AAD8 MBALT 15B A3 175,362.25 - - - - - (101.73) (127.52) 175,133.00 104.22
256350005 LC-Project Fund-Toll 2 71112JL10 The Peoples Gas Light And Coke Company - 1,499,903.34 - (1,500,000.00) - - 96.66 - - -
256350005 LC-Project Fund-Toll 2 74153WCE7 PRICOA GLOBAL FUNDING I 199,974.00 - - - - - (113.70) 243.70 200,104.00 997.50
256350005 LC-Project Fund-Toll 2 74153WCE7 PRICOA GLOBAL FUNDING I 299,961.00 - - - - - 56.29 138.71 300,156.00 1,496.25
256350005 LC-Project Fund-Toll 2 59562VAT4 BERKSHIRE HATHAWAY ENERGY CO 159,796.50 - (158,121.00) - - (143.78) (1,107.28) (424.44) - -
256350005 LC-Project Fund-Toll 2 59562VAT4 BERKSHIRE HATHAWAY ENERGY CO 372,858.50 - (368,949.00) - - (1,690.11) (2,769.60) 550.21 - -
256350005 LC-Project Fund-Toll 2 90290KAD7 USAOT 141 A4 445,035.60 - - - (107,498.74) 86.68 75.90 (292.68) 337,406.77 141.00
256350005 LC-Project Fund-Toll 2 43814KAC5 HAROT 151 A3 572,012.29 - - - (131,646.83) (14.44) (9.52) (437.18) 439,904.32 205.41
256350005 LC-Project Fund-Toll 2 38378BR35 GNR 12142 AB 328,679.75 - - - (6,258.23) 138.31 74.43 (4,075.27) 318,558.99 365.85
256350005 LC-Project Fund-Toll 2 928668AF9 VOLKSWAGEN GROUP OF AMERICA FINANCE LLC 299,340.00 - (299,238.00) - - (971.42) (39.07) 908.49 - -
256350005 LC-Project Fund-Toll 2 83700ENK0 South Carolina Electric & Gas Company - 3,097,588.88 - - - - 861.11 558.01 3,099,008.00 -
256350005 LC-Project Fund-Toll 2 36225FLU1 G2 083038 209,778.79 - (193,944.63) - (14,634.60) (476.89) (46.12) (676.56) - -
256350005 LC-Project Fund-Toll 2 3136A7L26 FN 12M9 AQ2 98,728.36 - (84,441.59) - (14,175.06) (103.71) (61.50) 53.49 - -
256350005 LC-Project Fund-Toll 2 3136A7L26 FN 12M9 AQ2 259,984.67 - (222,362.86) - (37,327.65) (418.36) (186.10) 310.29 - -
256350005 LC-Project Fund-Toll 2 037833BR0 APPLE INC 152,331.00 - - - - - - (259.50) 152,071.50 282.72
256350005 LC-Project Fund-Toll 2 037833BR0 APPLE INC 304,662.00 - - - - - (411.91) (107.09) 304,143.00 565.44
256350005 LC-Project Fund-Toll 2 05582XAD4 BMWLT 162 A3 - 544,927.95 - - - - 8.29 287.21 545,223.45 238.13
256350005 LC-Project Fund-Toll 2 31397SRT3 FNR 1124B PC 258,664.51 - (235,706.67) - (23,022.76) (2,125.36) (342.25) 2,532.54 - -
256350005 LC-Project Fund-Toll 2 3138EKUP8 FN AL3289 168,083.15 - (150,794.12) - (17,768.55) (1,415.36) (296.20) 2,191.09 - -
256350005 LC-Project Fund-Toll 2 83700EM62 South Carolina Electric & Gas Company - 999,104.17 - (1,000,000.00) - - 895.83 - - -
256350005 LC-Project Fund-Toll 2 912828UF5 UNITED STATES TREASURY 653,659.50 - - - - - (215.09) (9,768.91) 643,675.50 20.20
256350005 LC-Project Fund-Toll 2 912828UF5 UNITED STATES TREASURY 779,363.25 - - - - - (84.91) (11,819.09) 767,459.25 24.08
256350005 LC-Project Fund-Toll 2 912828UF5 UNITED STATES TREASURY 2,363,230.50 - - - - - 233.27 (36,329.27) 2,327,134.50 73.03
256350005 LC-Project Fund-Toll 2 891145W59 TORONTO DOMINION BANK 459,333.00 - - - - - (942.43) (4,808.57) 453,582.00 2,700.00
256350005 LC-Project Fund-Toll 2 06367XF30 BANK OF MONTREAL 498,655.00 - - - - - (46.45) (11,923.55) 486,685.00 388.89
256350005 LC-Project Fund-Toll 2 912828UR9 UNITED STATES TREASURY 565,175.15 - - - - - (63.04) (1,434.21) 563,677.90 1,439.81
256350005 LC-Project Fund-Toll 2 912828UR9 UNITED STATES TREASURY 480,148.80 - - - - - (59.50) (1,212.50) 478,876.80 1,223.20
256350005 LC-Project Fund-Toll 2 912828UR9 UNITED STATES TREASURY 1,705,528.55 - - - - - 541.86 (5,060.11) 1,701,010.30 4,344.92
256350005 LC-Project Fund-Toll 2 40428HPQ9 HSBC USA INC 145,297.25 - (144,765.10) - - 104.29 49.08 (685.51) - -
256350005 LC-Project Fund-Toll 2 40428HPQ9 HSBC USA INC 250,512.50 - (249,595.00) - - (417.36) (1.79) (498.35) - -
256350005 LC-Project Fund-Toll 2 3137A85H7 FHR 3820F GJ 129,664.06 - - - (12,262.63) (468.60) 242.59 (1,362.26) 115,813.16 326.94
256350005 LC-Project Fund-Toll 2 38141GRC0 GOLDMAN SACHS GROUP INC 505,525.00 - (502,585.00) - - (1,187.74) (777.76) (974.50) - -
256350005 LC-Project Fund-Toll 2 38141GRC0 GOLDMAN SACHS GROUP INC 80,884.00 - (80,413.60) - - (19.45) (89.15) (361.80) - -
256350005 LC-Project Fund-Toll 2 06050TKX9 BANK OF AMERICA, N.A.254,882.70 - - - - - 415.99 (438.94) 254,859.75 152.14
256350005 LC-Project Fund-Toll 2 06050TKX9 BANK OF AMERICA, N.A.249,885.00 - - - - - 204.97 (227.47) 249,862.50 149.16
256350005 LC-Project Fund-Toll 2 3137A1LC5 FHR 3710F AB 71,453.52 - - - (8,882.17) (99.23) 5.18 (222.86) 62,254.43 103.06
256350005 LC-Project Fund-Toll 2 89114QBF4 TORONTO-DOMINION BANK 125,907.50 - - - - - - 117.50 126,025.00 412.51
256350005 LC-Project Fund-Toll 2 89114QBF4 TORONTO-DOMINION BANK 402,904.00 - - - - - (299.96) 675.96 403,280.00 1,320.03
256350005 LC-Project Fund-Toll 2 20772JL59 CONNECTICUT ST 134,539.60 - - - - - (142.08) (2,963.62) 131,433.90 1,354.17
256350005 LC-Project Fund-Toll 2 55279HAH3 MANUFACTURERS AND TRADERS TRUST CO 300,066.00 - - - - - (67.95) 232.95 300,231.00 669.68
31
Page 12 of 32
Source
Account Account Identifier Description
Beginning Base
Market Value Base Purchases Base Sales
Base Maturities and
Redemptions Base Paydowns
Net Total Realized
Gain/Loss
Base
Amortization/A
ccretion
Base Change In
Net Unrealized
Gain/Loss
Ending Base
Market Value
Ending Accrued
Income Balance
STAMP Portfolio Transaction Report by Account
Quarter ended December 31, 2016
256350005 LC-Project Fund-Toll 2 55279HAH3 MANUFACTURERS AND TRADERS TRUST CO 250,055.00 - - - - - 190.27 (52.77) 250,192.50 558.06
256350005 LC-Project Fund-Toll 2 161571GQ1 CHAIT 147 A 120,450.00 - - - - - (63.07) (282.53) 120,104.40 73.60
256350005 LC-Project Fund-Toll 2 36159LCR5 GEDFT 151 A 109,940.60 - - - - - 116.40 105.80 110,162.80 45.43
256350005 LC-Project Fund-Toll 2 94988J5B9 WELLS FARGO BANK NA 251,160.00 - - - - - - 57.50 251,217.50 777.10
256350005 LC-Project Fund-Toll 2 94988J5B9 WELLS FARGO BANK NA 251,160.00 - - - - - (206.67) 264.17 251,217.50 777.10
256350005 LC-Project Fund-Toll 2 912828K33 UNITED STATES TREASURY 523,859.92 - (523,710.55) - - 8,486.72 332.95 (8,969.05) - -
256350005 LC-Project Fund-Toll 2 912828K33 UNITED STATES TREASURY 523,859.92 - (523,710.55) - - 8,634.38 336.10 (9,119.86) - -
256350005 LC-Project Fund-Toll 2 912828K33 UNITED STATES TREASURY 1,152,491.83 - (157,113.16) - - 1,099.43 3,553.84 (9,263.21) 990,768.73 262.66
256350005 LC-Project Fund-Toll 2 202795HU7 COMMONWEALTH EDISON CO 271,707.60 - - - - - (2,979.77) (949.78) 267,778.05 4,354.83
256350005 LC-Project Fund-Toll 2 94974BGR5 WELLS FARGO & CO 448,632.80 - - - - - (732.83) (7,398.37) 440,501.60 748.00
256350005 LC-Project Fund-Toll 2 3137ANLP8 FHMS K501 A2 3,441.34 - - - (3,444.30) (0.61) - 3.57 - -
256350005 LC-Project Fund-Toll 2 3137ANLP8 FHMS K501 A2 4,588.45 - - - (4,592.40) (0.93) - 4.88 - -
256350005 LC-Project Fund-Toll 2 55315GAC2 MMAF 15A A3 35,029.75 - - - (1,249.13) 4.13 30.29 (121.55) 33,693.49 19.55
256350005 LC-Project Fund-Toll 2 55315GAC2 MMAF 15A A3 247,209.95 - - - (8,815.29) 10.26 80.31 (705.44) 237,779.79 137.95
256350005 LC-Project Fund-Toll 2 46849LSL6 JACKSON NATIONAL LIFE GLOBAL FUNDING 151,405.50 - - - - - 6.53 (1,101.53) 150,310.50 593.75
256350005 LC-Project Fund-Toll 2 46849LSL6 JACKSON NATIONAL LIFE GLOBAL FUNDING 201,874.00 - - - - - (274.59) (1,185.41) 200,414.00 791.67
256350005 LC-Project Fund-Toll 2 46849LSL6 JACKSON NATIONAL LIFE GLOBAL FUNDING 302,811.00 - - - - - (303.23) (1,886.77) 300,621.00 1,187.50
256350005 LC-Project Fund-Toll 2 161571BQ6 CHAIT 072A A 300,150.00 - (299,876.54) - - 91.56 16.50 (381.53) - -
256350005 LC-Project Fund-Toll 2 06538BN58 The Bank of Tokyo-Mitsubishi UFJ, Ltd.- 3,499,557.64 - - - - 189.58 112.78 3,499,860.00 -
256350005 LC-Project Fund-Toll 2 02582JGS3 AMXCA 142 A 501,005.00 - (500,449.22) - - 211.61 (81.39) (686.00) - -
256350005 LC-Project Fund-Toll 2 55279HAA8 MANUFACTURERS AND TRADERS TRUST CO 399,924.00 - - - - - (2.00) (458.00) 399,464.00 1,836.67
256350005 LC-Project Fund-Toll 2 59217GAY5 METROPOLITAN LIFE GLOBAL FUNDING I 250,687.50 - - - - - (118.81) (528.69) 250,040.00 1,781.25
256350005 LC-Project Fund-Toll 2 59217GAY5 METROPOLITAN LIFE GLOBAL FUNDING I 300,825.00 - - - - - 34.44 (811.44) 300,048.00 2,137.50
256350005 LC-Project Fund-Toll 2 92780JL90 Virginia Electric and Power Company - 399,882.67 - (400,000.00) - - 117.33 - - -
256350005 LC-Project Fund-Toll 2 3137AH6B9 FHMS K015 A1 137,082.39 - (125,532.47) - (11,168.37) (549.66) (137.02) 305.14 - -
256350005 LC-Project Fund-Toll 2 3137AH6B9 FHMS K015 A1 43,083.04 - (39,453.06) - (3,510.06) (138.29) (40.81) 59.19 - -
256350005 LC-Project Fund-Toll 2 3136A2HB2 FNR 11111B PC 558,096.08 - - - (25,664.21) (533.09) (49.31) (15,476.10) 516,373.36 972.51
256350005 LC-Project Fund-Toll 2 313397AD3 FEDERAL HOME LOAN MORTGAGE CORP - 449,971.88 - - - - 11.25 12.37 449,995.50 -
256350005 LC-Project Fund-Toll 2 780082AA1 ROYAL BANK OF CANADA 318,320.10 - - - - - (274.48) (4,595.42) 313,450.20 2,395.31
256350005 LC-Project Fund-Toll 2 780082AA1 ROYAL BANK OF CANADA 682,114.50 - - - - - (605.24) (9,830.26) 671,679.00 5,132.81
256350005 LC-Project Fund-Toll 2 46625HJF8 JPMORGAN CHASE & CO 266,317.05 - - - - - (314.89) 730.94 266,733.10 891.88
256350005 LC-Project Fund-Toll 2 38141EC49 GOLDMAN SACHS GROUP INC 275,841.50 - (275,838.75) - - 424.02 (82.49) (344.27) - -
256350005 LC-Project Fund-Toll 2 842434CN0 SOUTHERN CALIFORNIA GAS CO 251,620.00 - - - - - 0.64 (1,433.14) 250,187.50 172.22
256350005 LC-Project Fund-Toll 2 3137A7JU5 FHMS K701 A2 439,167.60 - (437,525.00) - - (239.99) (1,407.37) 4.76 - -
256350005 LC-Project Fund-Toll 2 91476PPG7 UNIVERSITY OKLA REVS 82,188.00 - - - - - 23.86 (2,347.86) 79,864.00 939.60
256350005 LC-Project Fund-Toll 2 62944BBC7 BANK NEDERLANDSE GEMEENTEN NV 300,033.00 - - - - - 9.08 (24.08) 300,018.00 626.15
256350005 LC-Project Fund-Toll 2 62944BBC7 BANK NEDERLANDSE GEMEENTEN NV 275,030.25 - - - - - 98.00 (111.75) 275,016.50 573.97
256350005 LC-Project Fund-Toll 2 47787UAD5 JDOT 15 A3 506,267.55 - - - - - (184.50) (956.80) 505,126.25 296.27
256350005 LC-Project Fund-Toll 2 47787UAD5 JDOT 15 A3 95,238.45 - - - - - 8.67 (223.37) 95,023.75 55.73
256350005 LC-Project Fund-Toll 2 313385AD8 FEDERAL HOME LOAN BANKS - 299,979.50 - - - - 10.25 7.25 299,997.00 -
256350005 LC-Project Fund-Toll 2 2254EAMN0 Credit Suisse (USA), Inc.1,097,844.00 - - (1,100,000.00) - - 2,530.61 (374.61) - -
256350005 LC-Project Fund-Toll 2 58768WAD1 MBART 131 A4 282,302.36 - - - (282,206.41) (249.95) (20.87) 174.86 - -
256350005 LC-Project Fund-Toll 2 553794AA6 MUFG AMERICAS HOLDINGS CORP 300,453.00 - (299,082.00) - - (335.78) 81.68 (1,116.90) - -
256350005 LC-Project Fund-Toll 2 553794AA6 MUFG AMERICAS HOLDINGS CORP 50,075.50 - (49,847.00) - - 87.85 33.74 (350.09) - -
256350005 LC-Project Fund-Toll 2 CCYUSD Receivable - - - - - - - - 5,111.23 -
256350005 LC-Project Fund-Toll 2 3138ELY64 FN AL4332 238,878.54 - - - (16,998.33) (1,658.49) (818.86) (1,333.82) 218,069.05 1,007.83
256350005 LC-Project Fund-Toll 2 748148RV7 QUEBEC, PROVINCE OF 150,133.50 - (150,242.55) - - 470.70 9.11 (370.76) - -
256350005 LC-Project Fund-Toll 2 748148RV7 QUEBEC, PROVINCE OF 125,111.25 - (125,202.13) - - 536.55 13.36 (459.03) - -
256350005 LC-Project Fund-Toll 2 748148RV7 QUEBEC, PROVINCE OF 100,089.00 - (100,161.70) - - 150.09 (0.46) (76.92) - -
256350005 LC-Project Fund-Toll 2 166754AK7 CHEVRON PHILLIPS CHEMICAL COMPANY LLC 99,903.00 - (99,970.00) - - (67.41) (4.43) 138.85 - -
256350005 LC-Project Fund-Toll 2 166754AK7 CHEVRON PHILLIPS CHEMICAL COMPANY LLC 299,709.00 - (299,910.00) - - 91.85 23.13 86.02 - -
256350005 LC-Project Fund-Toll 2 94988J5E3 WELLS FARGO BANK NA 256,331.10 - - - - - (71.95) (407.45) 255,851.70 401.02
256350005 LC-Project Fund-Toll 2 89352HAP4 TRANSCANADA PIPELINES LTD 149,469.00 - - - - - 429.70 686.30 150,585.00 561.56
256350005 LC-Project Fund-Toll 2 302154BL2 EXPORT IMPORT BANK OF KOREA 200,240.00 - - - - - (102.82) (115.18) 200,022.00 715.88
256350005 LC-Project Fund-Toll 2 302154BL2 EXPORT IMPORT BANK OF KOREA 200,240.00 - - - - - (116.34) (101.66) 200,022.00 715.88
256350005 LC-Project Fund-Toll 2 912828UA6 UNITED STATES TREASURY 799,376.00 - - - - - 84.29 (1,332.29) 798,128.00 439.56
256350005 LC-Project Fund-Toll 2 912828UA6 UNITED STATES TREASURY 1,998,440.00 - - - - - 1,065.43 (4,185.43) 1,995,320.00 1,098.90
256350005 LC-Project Fund-Toll 2 912828UA6 UNITED STATES TREASURY 119,906.40 - - - - - 61.69 (248.89) 119,719.20 65.93
256350005 LC-Project Fund-Toll 2 912828UA6 UNITED STATES TREASURY 169,867.40 - - - - - 84.58 (349.78) 169,602.20 93.41
256350005 LC-Project Fund-Toll 2 912828UA6 UNITED STATES TREASURY 374,707.50 - - - - - 181.91 (766.91) 374,122.50 206.04
256350005 LC-Project Fund-Toll 2 05531FAP8 BB&T CORP 120,735.60 - - - - - (0.41) (69.19) 120,666.00 103.33
256350005 LC-Project Fund-Toll 2 05531FAP8 BB&T CORP 261,593.80 - - - - - (236.83) 86.03 261,443.00 223.88
256350005 LC-Project Fund-Toll 2 3137A2AZ4 FHMS K009 A1 335,046.52 - (322,022.38) - (11,828.58) (1,407.57) (805.30) 1,017.31 - -
256350005 LC-Project Fund-Toll 2 62888WAA4 NGN 10R3 1A 211,492.44 - - - (8,782.90) (29.15) (43.06) 245.85 202,883.18 151.66
256350005 LC-Project Fund-Toll 2 62888WAA4 NGN 10R3 1A 285,514.80 - - - (11,856.92) (43.45) (64.05) 341.92 273,892.30 204.75
256350005 LC-Project Fund-Toll 2 3136AEYG6 FN 13M9 AQ2 210,027.88 - (198,609.31) - (11,210.14) 75.83 (114.39) (169.87) - -
256350005 LC-Project Fund-Toll 2 65819WAC7 NORTH CAROLINA EASTN MUN PWR AGY REV 35,339.50 - - - - - (35.82) (229.83) 35,073.85 350.53
256350005 LC-Project Fund-Toll 2 65819WAC7 NORTH CAROLINA EASTN MUN PWR AGY REV 30,291.00 - - - - - (25.48) (202.22) 30,063.30 300.45
256350005 LC-Project Fund-Toll 2 65819WAC7 NORTH CAROLINA EASTN MUN PWR AGY REV 126,212.50 - - - - - - (948.75) 125,263.75 1,251.88
256350005 LC-Project Fund-Toll 2 446438RR6 HUNTINGTON NATIONAL BANK 303,747.00 - (301,293.00) - - (1,341.52) (242.70) (869.78) - -
256350005 LC-Project Fund-Toll 2 446438RR6 HUNTINGTON NATIONAL BANK 253,122.50 - (251,077.50) - - 1,266.99 16.69 (3,328.68) - -
256350005 LC-Project Fund-Toll 2 90261XHJ4 UBS AG (STAMFORD BRANCH)250,705.00 - (250,812.50) - - 135.02 (87.69) 60.17 - -
256350005 LC-Project Fund-Toll 2 90261XHJ4 UBS AG (STAMFORD BRANCH)250,705.00 - (250,812.50) - - 964.99 19.74 (877.23) - -
256350005 LC-Project Fund-Toll 2 912828B58 UNITED STATES TREASURY 442,896.75 - - - - - (583.59) (11,652.16) 430,661.00 3,779.38
256350005 LC-Project Fund-Toll 2 912828B58 UNITED STATES TREASURY 729,477.00 - - - - - (1,259.43) (18,893.57) 709,324.00 6,224.86
256350005 LC-Project Fund-Toll 2 161571HB3 CHAIT 161 A 502,145.00 - - - - - 351.69 (936.69) 501,560.00 263.00
256350005 LC-Project Fund-Toll 2 06416CAA6 BANK OF NOVA SCOTIA 432,913.50 - - - - - (784.75) (4,965.50) 427,163.25 2,759.55
256350005 LC-Project Fund-Toll 2 544587B98 LOS ANGELES CALIF MUN IMPT CORP LEASE REV 163,092.80 - (161,921.60) - - 1,921.60 - (3,092.80) - -
256350005 LC-Project Fund-Toll 2 06050TLY6 BANK OF AMERICA NA 301,245.00 - - - - - 94.30 (1,060.30) 300,279.00 1,306.25
256350005 LC-Project Fund-Toll 2 180848HP1 CLARK CNTY NEV 123,098.40 - (121,980.00) - - (92.90) (512.89) (512.60) - -
256350005 LC-Project Fund-Toll 2 69353RET1 PNC BANK NA 302,556.00 - - - - - (359.57) (1,650.43) 300,546.00 840.00
256350005 LC-Project Fund-Toll 2 69353RET1 PNC BANK NA 302,556.00 - - - - - (354.06) (1,655.94) 300,546.00 840.00
32
Page 13 of 32
Source
Account Account Identifier Description
Beginning Base
Market Value Base Purchases Base Sales
Base Maturities and
Redemptions Base Paydowns
Net Total Realized
Gain/Loss
Base
Amortization/A
ccretion
Base Change In
Net Unrealized
Gain/Loss
Ending Base
Market Value
Ending Accrued
Income Balance
STAMP Portfolio Transaction Report by Account
Quarter ended December 31, 2016
256350005 LC-Project Fund-Toll 2 02665WBB6 AMERICAN HONDA FINANCE CORP 121,448.40 - (121,466.40) - - 1,466.40 - (1,448.40) - -
256350005 LC-Project Fund-Toll 2 02665WBB6 AMERICAN HONDA FINANCE CORP 303,621.00 - (303,666.00) - - 150.39 (95.21) (10.18) - -
256350005 LC-Project Fund-Toll 2 3133EECD0 FEDERAL FARM CREDIT BANKS FUNDING CORP 500,370.00 - - - - - (38.57) (6.43) 500,325.00 128.17
256350005 LC-Project Fund-Toll 2 45818WAN6 INTER-AMERICAN DEVELOPMENT BANK 250,045.00 - (250,035.50) - - 33.90 (5.18) (38.22) - -
256350005 LC-Project Fund-Toll 2 17401QAC5 CITIZENS BANK NA 252,887.50 - (251,920.00) - - 2,139.47 18.03 (3,125.00) - -
256350005 LC-Project Fund-Toll 2 17401QAC5 CITIZENS BANK NA 303,465.00 - (302,304.00) - - (656.53) (255.25) (249.22) - -
256350005 LC-Project Fund-Toll 2 91159HHD5 U.S. BANCORP 300,873.00 - - - - - (453.46) 9.46 300,429.00 632.50
256350005 LC-Project Fund-Toll 2 91159HHD5 U.S. BANCORP 250,727.50 - - - - - (380.56) 10.56 250,357.50 527.08
256350005 LC-Project Fund-Toll 2 912796JZ3 UNITED STATES TREASURY - 4,499,528.75 - (4,500,000.00) - 0.00 471.25 - - -
256350005 LC-Project Fund-Toll 2 78355AL85 Ryder System, Inc.- 2,799,657.00 - (2,800,000.00) - - 343.00 - - -
256350005 LC-Project Fund-Toll 2 46623EKD0 JPMORGAN CHASE & CO 250,760.00 - - - - - (107.39) (675.11) 249,977.50 1,416.67
256350005 LC-Project Fund-Toll 2 46623EKD0 JPMORGAN CHASE & CO 180,547.20 - - - - - 12.44 (575.84) 179,983.80 1,020.00
256350005 LC-Project Fund-Toll 2 46623EKD0 JPMORGAN CHASE & CO 300,912.00 - - - - - 64.54 (1,003.54) 299,973.00 1,700.00
256350005 LC-Project Fund-Toll 2 13607RAB6 CANADIAN IMPERIAL BANK OF COMMERCE 430,004.30 - (425,429.10) - - (4,499.86) 4.61 (79.95) - -
256350005 LC-Project Fund-Toll 2 89837LAA3 TRUSTEES OF PRINCETON UNIVERSITY 86,783.20 - - - - - (683.16) (707.24) 85,392.80 1,320.00
256350005 LC-Project Fund-Toll 2 89837LAA3 TRUSTEES OF PRINCETON UNIVERSITY 189,838.25 - - - - - (1,318.48) (1,723.02) 186,796.75 2,887.50
256350005 LC-Project Fund-Toll 2 74256LAT6 PRINCIPAL LIFE GLOBAL FUNDING II 361,530.00 - - - - - (304.73) 229.13 361,454.40 443.51
256350005 LC-Project Fund-Toll 2 3136A8G38 FN 12M13A A2 115,421.32 - (87,819.98) - (27,632.33) (70.12) (40.51) 141.63 - -
256350005 LC-Project Fund-Toll 2 3136A8G38 FN 12M13A A2 54,962.53 - (41,819.04) - (13,158.26) 22.77 (6.86) (1.15) - -
256350005 LC-Project Fund-Toll 2 61747YDT9 MORGAN STANLEY 304,941.00 - - - - - (2,716.34) 34.34 302,259.00 3,918.75
256350005 LC-Project Fund-Toll 2 161571GJ7 CHAIT 141 A 200,120.00 - (200,062.50) - - 6.12 (39.95) (23.67) - -
256350005 LC-Project Fund-Toll 2 161571GJ7 CHAIT 141 A 200,120.00 - (200,062.50) - - (13.67) (53.98) 10.15 - -
256350005 LC-Project Fund-Toll 2 161571GJ7 CHAIT 141 A 100,060.00 - (100,031.25) - - 13.44 (12.62) (29.57) - -
256350005 LC-Project Fund-Toll 2 58772PAC2 MBART 151 A2B 182,310.45 - (155,112.02) - (27,201.33) (36.28) (10.93) 50.12 0.01 -
256350005 LC-Project Fund-Toll 2 05531FAQ6 BB&T CORP 203,810.00 - - - - - (457.42) (1,794.58) 201,558.00 1,875.00
256350005 LC-Project Fund-Toll 2 3137AQT24 FHMS K708 A2 304,561.43 - (301,505.15) - (1,590.31) (1,299.07) (442.70) 275.80 - -
256350005 LC-Project Fund-Toll 2 3137AQT24 FHMS K708 A2 40,608.19 - (40,200.69) - (212.04) (151.02) (57.17) 12.72 - -
256350005 LC-Project Fund-Toll 2 3138L1TX7 FN AM1465 304,616.33 - (302,944.00) - (1,774.51) (306.71) (117.02) 525.91 - -
256350005 LC-Project Fund-Toll 2 58768MAD3 MBALT 16B A4 - 189,983.00 - - - - 1.34 (1,276.34) 188,708.00 128.36
256350005 LC-Project Fund-Toll 2 3133XY2H7 FEDERAL HOME LOAN BANKS 238,245.99 - - - (17,708.08) (136.23) (958.83) (139.31) 219,303.54 193.12
256350005 LC-Project Fund-Toll 2 13063BFU1 CALIFORNIA ST 117,598.95 - - - - - (1,178.11) (1,227.44) 115,193.40 2,170.00
256350005 LC-Project Fund-Toll 2 13063BFU1 CALIFORNIA ST 39,199.65 - - - - - (402.72) (399.13) 38,397.80 723.33
256350005 LC-Project Fund-Toll 2 912796KA6 UNITED STATES TREASURY - 4,498,943.75 - (4,500,000.00) - 0.00 1,056.25 - - -
256350005 LC-Project Fund-Toll 2 63307EAB3 NATIONAL BANK OF CANADA 2,000,980.00 - - (2,000,000.00) - - (1,371.18) 391.18 - -
256350005 LC-Project Fund-Toll 2 09062XAB9 BIOGEN IDEC INC 59,205.85 - (58,438.05) - - 155.34 (470.66) (452.48) - -
256350005 LC-Project Fund-Toll 2 477877AD6 JDOT 14B A3 73,918.38 - - - (17,687.68) 4.54 3.45 (42.96) 56,195.73 26.73
256350005 LC-Project Fund-Toll 2 477877AD6 JDOT 14B A3 295,673.50 - - - (70,750.72) (0.00) - (139.87) 224,782.91 106.90
256350005 LC-Project Fund-Toll 2 49327M2H6 KEYBANK NA 251,222.50 - (250,472.50) - - 1,235.06 64.36 (2,049.41) - -
256350005 LC-Project Fund-Toll 2 49327M2H6 KEYBANK NA 401,956.00 - (400,756.00) - - (272.54) (85.83) (841.63) - -
256350005 LC-Project Fund-Toll 2 71112JN42 The Peoples Gas Light And Coke Company - 724,743.84 - - - - 192.12 49.54 724,985.50 -
256350005 LC-Project Fund-Toll 2 31374CNE2 FN 310089 301,626.92 - (253,854.88) - (44,656.85) (1,651.61) (611.25) (852.33) - -
256350005 LC-Project Fund-Toll 2 36225EUY6 G2 082398 96,733.95 - - - (7,671.49) (208.60) (25.94) (40.35) 88,787.56 152.65
256350005 LC-Project Fund-Toll 2 60689LAC9 MMAF 13A A3 38,863.79 - - - (34,353.13) (2.63) (1.83) 2.11 4,508.32 2.84
256350005 LC-Project Fund-Toll 2 65474VAL5 NMOTR-16A-A2 224,253.00 - - - - - 16.13 (693.38) 223,575.75 154.00
256350005 LC-Project Fund-Toll 2 31394GH22 FHR 2649G KA 70,481.28 - - - (15,237.77) (219.24) 141.43 (461.71) 54,703.99 201.65
256350005 LC-Project Fund-Toll 2 3137AQVV7 FHMS K709 A1 149,813.62 - (131,805.50) - (17,828.53) (170.71) (54.00) 45.13 - -
256350005 LC-Project Fund-Toll 2 937308AZ7 WBRP 3.2 WASHINGTON BIOMEDICAL RESH PPTYS WASH LE 95,362.90 - - - - - - (525.35) 94,837.55 470.25
256350005 LC-Project Fund-Toll 2 38147MAA3 GOLDMAN SACHS GROUP INC 102,369.00 - - - - - (244.36) (743.64) 101,381.00 1,305.00
256350005 LC-Project Fund-Toll 2 209111ET6 CONSOLIDATED EDISON COMPANY OF NEW YORK INC 234,883.00 - - - - - (2,364.60) (988.20) 231,530.20 3,217.50
256350005 LC-Project Fund-Toll 2 31677QAV1 FIFTH THIRD BANK 400,672.00 - - - - - (83.45) (1,500.55) 399,088.00 1,981.67
256350005 LC-Project Fund-Toll 2 063679ZT4 BANK OF MONTREAL 300,921.00 - - - - - (717.35) (20.65) 300,183.00 2,453.75
256350005 LC-Project Fund-Toll 2 0258M0DZ9 AMERICAN EXPRESS CREDIT CORP 151,225.50 - - - - - 1.13 (1,009.13) 150,217.50 437.50
256350005 LC-Project Fund-Toll 2 0258M0DZ9 AMERICAN EXPRESS CREDIT CORP 302,451.00 - - - - - (325.62) (1,690.38) 300,435.00 875.00
256350005 LC-Project Fund-Toll 2 43357LND0 Hitachi Capital America Corp.- 3,497,604.46 - - - - 1,088.88 606.66 3,499,300.00 -
256350005 LC-Project Fund-Toll 2 233851CF9 DAIMLER FINANCE NORTH AMERICA LLC 367,942.80 - - - - - 45.07 (3,952.27) 364,035.60 2,697.92
256350005 LC-Project Fund-Toll 2 912828VK3 UNITED STATES TREASURY 131,361.10 - - - - - (187.87) (563.53) 130,609.70 4.94
256350005 LC-Project Fund-Toll 2 912828VK3 UNITED STATES TREASURY 131,361.10 - - - - - (188.80) (562.60) 130,609.70 4.94
256350005 LC-Project Fund-Toll 2 912828VK3 UNITED STATES TREASURY 181,884.60 - (45,221.48) - - (77.75) (166.98) (785.24) 135,633.15 5.13
256350005 LC-Project Fund-Toll 2 912828VK3 UNITED STATES TREASURY 131,361.10 - - - - - (190.66) (560.74) 130,609.70 4.94
256350005 LC-Project Fund-Toll 2 912828VK3 UNITED STATES TREASURY 1,970,416.50 - - - - - (2,171.74) (9,099.26) 1,959,145.50 74.07
256350005 LC-Project Fund-Toll 2 912828VK3 UNITED STATES TREASURY 303,141.00 - (301,476.56) - - (278.56) (162.63) (1,223.25) - -
256350005 LC-Project Fund-Toll 2 912828VK3 UNITED STATES TREASURY 55,575.85 - (55,270.70) - - (42.90) (29.06) (233.19) - -
256350005 LC-Project Fund-Toll 2 912828VK3 UNITED STATES TREASURY 303,141.00 - (301,476.56) - - (265.83) (161.45) (1,237.16) - -
256350005 LC-Project Fund-Toll 2 912828VK3 UNITED STATES TREASURY 303,141.00 - (301,476.56) - - (265.83) (161.45) (1,237.16) - -
256350005 LC-Project Fund-Toll 2 80851QDA9 CHARLES SCHWAB CORPORATION (THE)68,108.95 - - - - - (842.82) (95.13) 67,171.00 1,381.25
256350005 LC-Project Fund-Toll 2 62888YAA0 NGN 11R1 NTS 190,997.61 - - - (10,256.64) (35.25) (50.18) 74.55 180,730.10 121.42
256350005 LC-Project Fund-Toll 2 48121CYK6 JPMORGAN CHASE BANK NA 260,730.00 - - - - - (2,455.62) (279.38) 257,995.00 3,750.00
256350005 LC-Project Fund-Toll 2 49130TRY4 KENTUCKY HSG CORP HSG REV 275,066.00 - - (95,000.00) - 18.32 41.92 (128.05) 179,998.20 843.30
256350005 LC-Project Fund-Toll 2 6174467V5 MORGAN STANLEY 243,785.96 - - - - - (358.98) 96.29 243,523.27 984.09
256350005 LC-Project Fund-Toll 2 6174467V5 MORGAN STANLEY 70,809.20 - - - - - (46.89) (29.41) 70,732.90 285.84
68,466,592.13 56,680,640.97 (46,757,182.05) (19,170,000.00) (1,150,224.15) (391.06) (37,509.82) (302,589.22) 57,734,448.04 142,656.07
256350022 LC-Sr Lien Ob Fund-1 Interest 9AMMF05B2 ---13,674.29 5,149,884.13 (5,109,345.49) - - - - - 54,212.93 -
256350022 LC-Sr Lien Ob Fund-1 Interest 38144LAB6 GOLDMAN SACHS GROUP INC 312,945.00 - - - - - (1,459.17) (2,269.83) 309,216.00 6,250.00
256350022 LC-Sr Lien Ob Fund-1 Interest 43357LND0 Hitachi Capital America Corp.- 199,863.11 - - - - 62.22 34.67 199,960.00 -
256350022 LC-Sr Lien Ob Fund-1 Interest 31393EXC8 FNR 0388E TH 16,726.85 - - - (3,234.58) (62.42) (8.62) 38.89 13,460.12 49.19
256350022 LC-Sr Lien Ob Fund-1 Interest 05565QCC0 BP CAPITAL MARKETS PLC 300,027.00 - - - - - 466.71 (664.71) 299,829.00 630.21
256350022 LC-Sr Lien Ob Fund-1 Interest 166764AE0 CHEVRON CORP 302,643.00 - - - - - (158.54) (1,566.46) 300,918.00 100.22
256350022 LC-Sr Lien Ob Fund-1 Interest 912828RX0 UNITED STATES TREASURY 951,387.00 - - (950,000.00) - 0.00 365.01 (1,752.01) - -
256350022 LC-Sr Lien Ob Fund-1 Interest 89236TAY1 TOYOTA MOTOR CREDIT CORP 507,315.00 - - - - - (442.54) (3,912.46) 502,960.00 1,861.11
256350022 LC-Sr Lien Ob Fund-1 Interest CCYUSD Receivable - - - - - - - - 950,000.00 -
256350022 LC-Sr Lien Ob Fund-1 Interest 912828UA6 UNITED STATES TREASURY 1,199,064.00 - (997,656.25) - - 4,319.01 1,307.07 (7,501.82) 199,532.00 109.89
33
Page 14 of 32
Source
Account Account Identifier Description
Beginning Base
Market Value Base Purchases Base Sales
Base Maturities and
Redemptions Base Paydowns
Net Total Realized
Gain/Loss
Base
Amortization/A
ccretion
Base Change In
Net Unrealized
Gain/Loss
Ending Base
Market Value
Ending Accrued
Income Balance
STAMP Portfolio Transaction Report by Account
Quarter ended December 31, 2016
256350022 LC-Sr Lien Ob Fund-1 Interest 31402RBG3 FN 735439 1,818.03 - - - (496.25) (14.28) (0.58) 0.01 1,306.93 6.36
256350022 LC-Sr Lien Ob Fund-1 Interest 31402RBG3 FN 735439 23,361.68 - - - (6,376.75) (203.19) (8.01) 20.32 16,794.06 81.76
256350022 LC-Sr Lien Ob Fund-1 Interest 30231GAL6 EXXON MOBIL CORP 421,272.60 - - - - - 44.11 (1,417.51) 419,899.20 1,750.88
256350022 LC-Sr Lien Ob Fund-1 Interest 912828K41 UNITED STATES TREASURY 200,038.00 - - - - - (0.25) 30.25 200,068.00 190.16
256350022 LC-Sr Lien Ob Fund-1 Interest 31385JLF3 FN 545826 37,887.19 - - - (16,620.00) (218.30) (151.71) 53.55 20,950.74 104.16
256350022 LC-Sr Lien Ob Fund-1 Interest 94974BGF1 WELLS FARGO & CO 604,368.00 - - - - - 266.87 (7,466.87) 597,168.00 5,410.83
256350022 LC-Sr Lien Ob Fund-1 Interest 3136A8G38 FN 12M13A A2 511,151.54 - (388,917.06) - (122,371.79) 1,753.12 276.59 (1,892.41) - -
256350022 LC-Sr Lien Ob Fund-1 Interest 46625HJL5 JPMORGAN CHASE & CO 501,045.00 - - - - - 210.09 (1,895.09) 499,360.00 1,038.19
256350022 LC-Sr Lien Ob Fund-1 Interest 63307EAB3 NATIONAL BANK OF CANADA 900,441.00 - - (900,000.00) - - (651.64) 210.64 - -
256350022 LC-Sr Lien Ob Fund-1 Interest 912828UZ1 UNITED STATES TREASURY 698,852.00 - (497,207.03) - - (457.51) 407.87 (2,571.34) 199,024.00 214.09
256350022 LC-Sr Lien Ob Fund-1 Interest 92780JL90 Virginia Electric and Power Company - 599,824.00 - (600,000.00) - - 176.00 - - -
256350022 LC-Sr Lien Ob Fund-1 Interest 891145TN4 TORONTO DOMINION BANK 701,435.00 - - - - - (1,021.67) 132.67 700,546.00 3,150.00
256350022 LC-Sr Lien Ob Fund-1 Interest 48121CYK6 JPMORGAN CHASE BANK NA 312,876.00 - - - - - (2,562.64) (719.36) 309,594.00 4,500.00
256350022 LC-Sr Lien Ob Fund-1 Interest 912828J84 UNITED STATES TREASURY 557,199.50 - (348,386.72) - - 2,071.86 316.89 (12,247.53) 198,954.00 702.61
256350022 LC-Sr Lien Ob Fund-1 Interest 912828J84 UNITED STATES TREASURY 50,654.50 - (49,769.53) - - 239.39 20.67 (1,145.03) - -
256350022 LC-Sr Lien Ob Fund-1 Interest 02580ECC5 AMERICAN EXPRESS BANK LTD.260,750.00 - - - - - (2,375.59) (646.91) 257,727.50 4,500.00
256350022 LC-Sr Lien Ob Fund-1 Interest 3136A4M89 FN 12M3B 2A1 157,191.06 - - - (17,292.02) (31.61) (52.58) (900.46) 138,914.38 223.20
256350022 LC-Sr Lien Ob Fund-1 Interest 0255E2KC3 American Electric Power Company, Inc.274,964.25 - - (275,000.00) - - 75.63 (39.88) - -
256350022 LC-Sr Lien Ob Fund-1 Interest 74451KLH5 Public Service Company of North Carolina, Incorpor - 599,708.00 - (600,000.00) - - 292.00 - - -
256350022 LC-Sr Lien Ob Fund-1 Interest 78355AL85 Ryder System, Inc.- 149,981.63 - (150,000.00) - - 18.37 - - -
256350022 LC-Sr Lien Ob Fund-1 Interest 3137ASNH3 FHMS K019 A1 302,052.26 - - - (13,736.69) 217.27 243.92 (3,486.21) 285,290.55 350.42
256350022 LC-Sr Lien Ob Fund-1 Interest 235219JS2 DALLAS TEX 652,268.50 - - - - - - (1,865.50) 650,403.00 3,901.88
256350022 LC-Sr Lien Ob Fund-1 Interest 31393V2T7 FHR 2627E GY 84,793.44 - - - (17,667.93) (289.55) 116.69 (152.29) 66,800.36 244.74
256350022 LC-Sr Lien Ob Fund-1 Interest 78011DAC8 ROYAL BANK OF CANADA 699,699.00 - - - - - (84.61) (552.39) 699,062.00 2,380.00
256350022 LC-Sr Lien Ob Fund-1 Interest 43357LKR2 Hitachi Capital America Corp.- 99,940.97 - (100,000.00) - - 59.03 - - -
256350022 LC-Sr Lien Ob Fund-1 Interest 43357LKR2 Hitachi Capital America Corp.99,967.00 (99,940.97) - - - - (2.36) (23.67) - -
11,657,867.70 6,699,260.87 (7,391,282.08) (3,575,000.00) (197,796.01) 7,323.80 (4,254.77) (54,168.74) 8,091,950.77 37,749.90
256350023 LC-Sr Lien Reserve Fund-1 9AMMF05B2 U.S. BANK MONEY MARKET ACCOUNT FUND 136,029.82 2,678,498.18 (2,795,004.49) - - - - - 19,523.51 -
256350023 LC-Sr Lien Reserve Fund-1 912828B58 UNITED STATES TREASURY 521,055.00 - - - - - (538.68) (13,856.32) 506,660.00 4,446.33
256350023 LC-Sr Lien Reserve Fund-1 912828B58 UNITED STATES TREASURY 52,105.50 - - - - - (42.07) (1,397.43) 50,666.00 444.63
256350023 LC-Sr Lien Reserve Fund-1 912828B58 UNITED STATES TREASURY 104,211.00 - - - - - (240.61) (2,638.39) 101,332.00 889.27
256350023 LC-Sr Lien Reserve Fund-1 912828B58 UNITED STATES TREASURY 119,842.65 - - - - - (104.49) (3,206.36) 116,531.80 1,022.66
256350023 LC-Sr Lien Reserve Fund-1 912828B58 UNITED STATES TREASURY 151,105.95 - - - - - (171.25) (4,003.30) 146,931.40 1,289.44
256350023 LC-Sr Lien Reserve Fund-1 912828B58 UNITED STATES TREASURY 760,740.30 - - - - - (648.53) (20,368.17) 739,723.60 6,491.64
256350023 LC-Sr Lien Reserve Fund-1 3137AJMF8 FHMS K016 A2 31,839.00 - - - - - (44.16) (885.54) 30,909.30 74.19
256350023 LC-Sr Lien Reserve Fund-1 3138L76A9 FN AM7164 - 129,511.72 - - - - (206.88) (2,789.84) 126,515.00 278.78
256350023 LC-Sr Lien Reserve Fund-1 3135G0D75 FEDERAL NATIONAL MORTGAGE ASSOCIATION 609,180.00 - - - - - 313.39 (12,289.39) 597,204.00 225.00
256350023 LC-Sr Lien Reserve Fund-1 38376GB33 GNR 116 BA 327,485.32 - - - (6,544.43) (154.54) (128.03) (617.70) 320,040.62 922.60
256350023 LC-Sr Lien Reserve Fund-1 912828VV9 UNITED STATES TREASURY 88,436.55 - - - - - (83.46) (1,978.64) 86,374.45 613.73
256350023 LC-Sr Lien Reserve Fund-1 912828VV9 UNITED STATES TREASURY 156,064.50 - - - - - (268.66) (3,370.34) 152,425.50 1,083.05
256350023 LC-Sr Lien Reserve Fund-1 38378KRS0 GNR 1378 AG 455,026.50 - - - - - 119.20 (18,492.70) 436,653.00 895.72
256350023 LC-Sr Lien Reserve Fund-1 38378KWU9 GNR 1396 A 63,116.92 - - - (476.73) 11.35 15.22 (660.37) 62,006.38 75.20
256350023 LC-Sr Lien Reserve Fund-1 38378KWU9 GNR 1396 A 16,831.18 - - - (127.13) 2.20 2.94 (174.16) 16,535.04 20.05
256350023 LC-Sr Lien Reserve Fund-1 912828VB3 UNITED STATES TREASURY 1,635,936.00 - - - - - 2,767.51 (80,335.51) 1,558,368.00 3,635.36
256350023 LC-Sr Lien Reserve Fund-1 3137EADB2 FEDERAL HOME LOAN MORTGAGE CORP 579,172.00 - - - - - 589.25 (20,735.75) 559,025.50 6,095.83
256350023 LC-Sr Lien Reserve Fund-1 3137EADB2 FEDERAL HOME LOAN MORTGAGE CORP - 205,536.00 - - - - (127.00) (2,127.00) 203,282.00 2,216.67
256350023 LC-Sr Lien Reserve Fund-1 3137EADB2 FEDERAL HOME LOAN MORTGAGE CORP 210,608.00 - - - - - (335.67) (6,990.33) 203,282.00 2,216.67
256350023 LC-Sr Lien Reserve Fund-1 38378B7E3 GNR 1333 AC 215,770.97 - - - (2,198.45) 82.75 68.75 (4,715.95) 209,008.07 320.48
256350023 LC-Sr Lien Reserve Fund-1 38378B7E3 GNR 1333 AC 64,731.29 - - - (659.54) 13.10 10.83 (1,393.27) 62,702.42 96.14
256350023 LC-Sr Lien Reserve Fund-1 38377RVK8 GNR 10166F GP 100,519.49 - - - (5,017.53) (77.29) (2.15) (1,227.11) 94,195.41 229.59
256350023 LC-Sr Lien Reserve Fund-1 38377RVK8 GNR 10166F GP 60,311.69 - - - (3,010.52) (90.27) (32.64) (661.02) 56,517.24 137.76
256350023 LC-Sr Lien Reserve Fund-1 912828WU0 UNITED STATES TREASURY 617,002.61 - (214,704.31) - - 6,925.02 2,243.22 (21,434.09) 390,032.45 229.26
256350023 LC-Sr Lien Reserve Fund-1 38378KSL4 GNR 1374 AL 204,346.00 - - - - - 27.40 (13,103.40) 191,270.00 464.10
256350023 LC-Sr Lien Reserve Fund-1 38378KSL4 GNR 1374 AL 229,889.25 - - - - - 1.85 (14,712.35) 215,178.75 522.11
256350023 LC-Sr Lien Reserve Fund-1 3136A72D3 FN 12M9 A2 411,293.75 - - - - - 533.45 (15,843.65) 395,983.55 816.99
256350023 LC-Sr Lien Reserve Fund-1 31381Q6B7 FN 468066 212,281.61 - - - (770.27) (79.57) (920.81) (4,767.84) 205,743.12 703.59
256350023 LC-Sr Lien Reserve Fund-1 38378B6A2 GNR 1312A AB 131,792.64 - - - (3,587.43) 112.84 33.54 (2,786.84) 125,564.75 198.09
256350023 LC-Sr Lien Reserve Fund-1 3136A7MN9 FN 12M8 A2 307,869.00 - - - - - (380.76) (11,244.24) 296,244.00 587.35
256350023 LC-Sr Lien Reserve Fund-1 3137AQT24 FHMS K708 A2 172,584.81 - (170,852.91) - (901.17) 1,703.33 (47.89) (2,486.17) - -
256350023 LC-Sr Lien Reserve Fund-1 38376WA62 GNR 1015C PD 107,172.65 - - - (11,606.30) (619.74) 90.85 317.48 95,354.94 299.32
256350023 LC-Sr Lien Reserve Fund-1 36202F2H8 G2 005276 - 251,934.19 - - (5,285.60) (201.11) 46.06 (1,308.75) 245,184.80 593.67
256350023 LC-Sr Lien Reserve Fund-1 3137ATRW4 FHMS K020 A2 - 124,804.69 - - - - 0.36 414.95 125,220.00 247.19
256350023 LC-Sr Lien Reserve Fund-1 912828RC6 UNITED STATES TREASURY 496,042.50 - - - - - (738.45) (15,796.30) 479,507.75 3,812.58
256350023 LC-Sr Lien Reserve Fund-1 912828RC6 UNITED STATES TREASURY 1,357,590.00 - - - - - (566.14) (44,686.86) 1,312,337.00 10,434.44
256350023 LC-Sr Lien Reserve Fund-1 3128MMAK9 FH G18009 91,722.04 - (83,602.04) - (7,843.72) (135.73) (112.10) (28.45) 0.01 -
256350023 LC-Sr Lien Reserve Fund-1 38377DPX8 GNR 10101E NC 1,081.68 - - - (1,081.89) (0.00) - 0.22 - -
256350023 LC-Sr Lien Reserve Fund-1 31395EZP5 FHR 2835G MD 55,823.46 - - - (7,748.63) (170.34) 129.66 (57.40) 47,976.76 175.08
256350023 LC-Sr Lien Reserve Fund-1 3136AEYG6 FN 13M9 AQ2 134,734.87 - (127,409.74) - (7,191.45) 601.35 (33.08) (701.94) - -
256350023 LC-Sr Lien Reserve Fund-1 31394DVM9 FNR 0543D PB 120,925.43 - (107,251.25) - (12,623.17) (683.29) (142.44) (225.28) - -
256350023 LC-Sr Lien Reserve Fund-1 38378KXW4 GNR 13105 A 188,616.21 - - - (2,290.97) 10.37 9.13 (1,214.16) 185,130.58 267.03
256350023 LC-Sr Lien Reserve Fund-1 38377JZ89 GNR 10117A GK 112,727.09 - - - (10,279.59) (247.54) (293.76) (1,133.73) 100,772.46 286.32
256350023 LC-Sr Lien Reserve Fund-1 31413XVG5 FN 958815 206,626.00 - - - - - 516.24 (4,114.24) 203,028.00 776.03
256350023 LC-Sr Lien Reserve Fund-1 38379KDN5 GNR 1529 AD 187,781.06 - - - (2,857.18) 67.94 68.34 (6,578.44) 178,481.72 323.33
256350023 LC-Sr Lien Reserve Fund-1 3136A4M48 FN 12M3A 1A1 322,016.36 - - - (12,894.91) (12.37) (34.81) (4,684.62) 304,389.65 531.70
256350023 LC-Sr Lien Reserve Fund-1 912828UF5 UNITED STATES TREASURY 175,985.25 - (173,441.41) - - (44.41) 96.14 (2,595.58) - -
256350023 LC-Sr Lien Reserve Fund-1 912828UF5 UNITED STATES TREASURY 75,422.25 - (74,332.03) - - (251.28) 26.51 (865.45) - -
256350023 LC-Sr Lien Reserve Fund-1 912828UF5 UNITED STATES TREASURY 754,222.50 - (495,546.87) - - 1,315.35 596.14 (13,019.62) 247,567.50 7.77
256350023 LC-Sr Lien Reserve Fund-1 31392JJ83 FNR 0317D HC 11,488.99 - - - (2,877.66) (40.47) (10.55) (52.23) 8,508.07 34.94
256350023 LC-Sr Lien Reserve Fund-1 31381PEB0 FN 466430 280,540.83 - - - (1,118.34) (33.21) 717.21 (7,114.27) 272,992.22 755.34
256350023 LC-Sr Lien Reserve Fund-1 3137AUPE3 FHMS K021 A2 244,310.70 - - - - - 388.37 (9,104.52) 235,594.55 469.22
256350023 LC-Sr Lien Reserve Fund-1 3137AUPE3 FHMS K021 A2 - 145,985.63 - - - - (42.64) (1,578.67) 144,364.32 287.52
34
Page 15 of 32
Source
Account Account Identifier Description
Beginning Base
Market Value Base Purchases Base Sales
Base Maturities and
Redemptions Base Paydowns
Net Total Realized
Gain/Loss
Base
Amortization/A
ccretion
Base Change In
Net Unrealized
Gain/Loss
Ending Base
Market Value
Ending Accrued
Income Balance
STAMP Portfolio Transaction Report by Account
Quarter ended December 31, 2016
256350023 LC-Sr Lien Reserve Fund-1 38378CRT6 GNR 1213E EG 93,716.02 - - - (8,005.98) 241.53 14.33 (1,140.93) 84,824.97 142.67
256350023 LC-Sr Lien Reserve Fund-1 38378XP62 GNR 14166 PL 409,701.43 - - - (14,169.34) (165.06) (53.81) (15,802.35) 379,510.86 800.64
256350023 LC-Sr Lien Reserve Fund-1 3137A7E22 FHR 3804A DA 122,673.34 - (98,805.11) - (22,395.28) (748.24) (100.32) (624.39) - -
256350023 LC-Sr Lien Reserve Fund-1 38376T5Z1 GNR 104A PD 139,796.95 - - - (6,516.71) (255.06) (101.03) (1,284.92) 131,639.23 320.23
256350023 LC-Sr Lien Reserve Fund-1 38377RSZ9 GNR 10162D PQ 44,833.79 - - - (7,185.03) (366.41) (122.99) 119.13 37,278.49 135.04
256350023 LC-Sr Lien Reserve Fund-1 3137EADR7 FEDERAL HOME LOAN MORTGAGE CORP 480,153.75 - - - - - 174.58 (9,009.58) 471,318.75 1,088.54
256350023 LC-Sr Lien Reserve Fund-1 3137EACA5 FREDDIE MAC 823,037.60 - (812,196.00) - - 11,986.70 (2,606.23) (20,222.08) - -
256350023 LC-Sr Lien Reserve Fund-1 3138EKXL4 FN AL3382 - 288,699.84 - - - - (21.37) 3,393.79 292,072.26 592.37
256350023 LC-Sr Lien Reserve Fund-1 3137B1U75 FHMS KS01 A2 394,728.80 - - - - - (644.02) (13,719.98) 380,364.80 798.63
256350023 LC-Sr Lien Reserve Fund-1 31381T4E7 FN 470721 - 287,486.04 - - (1,006.18) (44.73) (362.18) (7,367.80) 278,705.16 630.32
256350023 LC-Sr Lien Reserve Fund-1 31404WTT3 FN 780962 48,462.21 - (44,100.36) - (4,261.02) (1,178.33) (123.35) 1,200.86 0.01 -
256350023 LC-Sr Lien Reserve Fund-1 912828XB1 UNITED STATES TREASURY 1,254,564.00 - - - - - (744.04) (77,447.96) 1,176,372.00 3,310.77
256350023 LC-Sr Lien Reserve Fund-1 38378BX20 GNR 12132 AB 61,590.86 - - - (6,840.74) 155.95 13.50 (510.96) 54,408.62 58.35
256350023 LC-Sr Lien Reserve Fund-1 31417YKF3 FN MA0293 128,512.32 - - - (7,833.96) (412.09) 265.01 (3,033.37) 117,497.91 409.67
256350023 LC-Sr Lien Reserve Fund-1 31385XBG1 FN 555439 4,502.42 - - - (2,036.16) (25.03) (16.66) 3.06 2,427.62 12.07
256350023 LC-Sr Lien Reserve Fund-1 31416YXJ2 FN AB3380 52,483.32 - (49,929.87) - (1,994.42) 638.42 (13.90) (1,183.56) - -
256350023 LC-Sr Lien Reserve Fund-1 38380AZ34 GNR 16147C DA - 174,496.23 - - - - (59.25) (2,016.89) 177,875.43 434.79
256350023 LC-Sr Lien Reserve Fund-1 3137ASNH3 FHMS K019 A1 302,052.26 - - - (13,736.69) 185.71 205.78 (3,416.51) 285,290.55 350.42
256350023 LC-Sr Lien Reserve Fund-1 3138EJPZ5 FN AL2239 361,174.48 - - - (1,805.13) (110.87) (1,236.59) (10,011.56) 348,010.33 863.14
256350023 LC-Sr Lien Reserve Fund-1 31418AFW3 FN MA1080 171,005.85 - (159,952.86) - (9,019.36) 2,885.05 (61.42) (4,857.26) - -
256350023 LC-Sr Lien Reserve Fund-1 3138L33G8 FN AM3498 101,879.00 - - - - - 0.66 (1,695.66) 100,184.00 173.08
256350023 LC-Sr Lien Reserve Fund-1 38378B7F0 GNR 1333 B 194,906.00 - - - - - 45.45 (1,849.45) 193,102.00 378.83
256350023 LC-Sr Lien Reserve Fund-1 38378B7F0 GNR 1333 B 243,632.50 - - - - - 129.88 (2,384.88) 241,377.50 473.54
256350023 LC-Sr Lien Reserve Fund-1 38378TAF7 GNR 1371A GA 206,903.19 - - - (8,633.46) 5.34 (7.23) (3,364.48) 194,903.36 400.45
256350023 LC-Sr Lien Reserve Fund-1 3136AHAE0 FN 13M14 APT - 240,800.46 - - (320.89) (6.84) (118.38) (7,638.62) 232,715.73 491.43
256350023 LC-Sr Lien Reserve Fund-1 3136G3JZ9 FEDERAL NATIONAL MORTGAGE ASSOCIATION 200,174.00 - - (200,000.00) - - (170.21) (3.79) - -
19,512,493.24 4,527,752.98 (5,407,129.25) (200,000.00) (224,752.96) 20,790.52 (2,599.96) (589,291.15) 17,642,718.76 68,408.77
157,272,737.32 126,999,722.42 (113,382,565.58) (50,400,000.00) (2,394,391.63) 40,486.61 (38,568.52) (1,147,666.72) 117,910,320.48 317,127.19
35
STAMP Portfolio Summary of Investments for quarter ended December 31, 2016
Credit Rating Industry Group
Asset Class Security Type Market Sector
36
ATTACHMENT 5
STAMP Portfolio
Toll Revenue Project Senior Lien Fund Summary of Investments for quarter ended December 31, 2016
Credit Rating Industry Group
Asset Class Security Type Market Sector
37
ATTACHMENT 6
STAMP Portfolio
Toll Revenue Project Sales Tax Revenue Fund Summary of Investments for quarter ended December 31, 2016
Credit Rating Industry Group
Asset Class Security Type Market Sector
38
ATTACHMENT 7
STAMP Portfolio
Series A & Series B Reserve Fund Summary of Investments for quarter ended December 31, 2016
Credit Rating Industry Group
Asset Class Security Type Market Sector
39
ATTACHMENT 8
STAMP Portfolio
Toll Revenue Project Capitalized Interest Fund Summary of Investments for quarter ended December 31, 2016
Credit Rating Industry Group
Asset Class Security Type Market Sector
40
ATTACHMENT 9
STAMP Portfolio
Sales Tax Revenue Capitalized Interest Fund Summary of Investments for quarter ended December 31, 2016
Credit Rating Industry Group
Asset Class Security Type Market Sector
41
ATTACHMENT 10
STAMP Portfolio
Sales Tax Equity Fund Summary of Investments for quarter ended December 31, 2016
Credit Rating Industry Group
Asset Class Security Type Market Sector
42
ATTACHMENT 11
Account Number: 001050990415 Name: RIVERSIDE COUNTY TRANS COMM
CUSIP Security Type Category Issuer
Final
Maturity Trade Date
Next Call
Date Original Cost
Base Market
Value
Unrealized
Gain/Loss
Accrued
Income Coupon Yield
Credit
Rating
3130A9AE1 Agencies F H L B 0.875% 10/01/18 10/1/2018 8/26/2016 509,653.20 507,195.00 (2,458.20) 1,115.63 0.8800 0.8796 AA+
3130AAE46 Agencies F H L B 1.250% 1/16/19 1/16/2019 12/8/2016 1,009,959.60 1,009,646.50 (313.10) 806.60 1.2500 1.2509 AA+
3133EEWS5 Agencies F F C B DEB 0.66367% 1/02/18 1/2/2018 4/2/2015 699,961.01 700,546.00 584.99 387.14 0.6600 0.6627 AA+
3134G8L98 Agencies F H L M C M T N 1.050% 2/26/18 2/26/2018 2/26/2016 2/26/2017 500,000.00 499,890.00 (110.00) 1,822.92 1.0500 1.0507 AA+
3134G9UY1 Agencies F H L M C M T N 1.000% 6/29/18 6/29/2018 6/29/2016 510,000.00 509,194.20 (805.80) 28.33 1.0000 1.0016 AA+
3134GAJQ8 Agencies F H L M C M T N 1.150% 9/14/18 9/14/2018 9/14/2016 3/14/2017 510,000.00 509,250.30 (749.70) 1,743.21 1.1500 1.1507 AA+
3135G0E58 Agencies F N M A DEB 1.125% 10/19/18 10/19/2018 9/1/2015 529,141.40 529,348.10 206.70 1,192.50 1.1300 1.1263 AA+
3135G0J53 Agencies F N M A DEB 1.000% 2/26/19 2/26/2019 2/23/2016 498,820.00 496,890.00 (1,930.00) 1,736.11 1.0000 1.0062 AA+
3135G0K77 Agencies F N M A DEB 1.250% 6/13/19 6/13/2019 6/13/2016 3/13/2017 490,000.00 489,029.80 (970.20) 306.25 1.2500 1.2524 AA+
3135G0L68 Agencies F N M A DEB 0.750% 7/27/18 7/27/2018 7/27/2016 7/27/2017 509,235.00 506,924.70 (2,310.30) 1,636.25 0.7500 0.7542 AA+
3135G0N33 Agencies F N M A 0.875% 8/02/19 8/2/2019 8/2/2016 529,109.60 522,638.30 (6,471.30) 1,919.41 0.8800 0.8869 AA+
3135G0P49 Agencies F N M A 1.000% 8/28/19 8/28/2019 9/2/2016 509,204.40 504,333.90 (4,870.50) 1,685.83 1.0000 1.0110 AA+
3137EAEB1 Agencies F H L M C M T N 0.875% 7/19/19 7/19/2019 7/20/2016 350,150.58 346,363.29 (3,787.29) 1,373.53 0.8800 0.8867 AA+
3137EAED7 Agencies F H L M C M T N 0.875% 10/12/18 10/12/2018 9/16/2016 1,509,720.70 1,501,800.70 (7,920.00) 3,853.65 0.8800 0.8798 AA+
05582QAD9 Asset-Backed BMW VEHICLE OWNER 1.160% 11/25/20 11/25/2020 7/20/2016 454,997.95 450,577.40 (4,420.55) 87.97 1.1600 1.1714 N/A
161571HC1 Asset-Backed CHASE ISSUANCE TRUST 1.370% 6/15/21 6/15/2021 6/17/2016 750,470.19 742,770.00 (7,700.19) 456.67 1.3700 1.3831 AAA
31680GAB2 Asset-Backed FIFTH THIRD AUTO TRU 1.020% 5/15/18 5/15/2018 11/5/2015 53,541.22 53,542.68 1.46 24.27 1.0200 1.0200 N/A
36159LCN4 Asset-Backed GE DEALER FLOORPLA 0.97805% 10/20/19 10/20/2019 10/21/2014 475,173.11 475,099.75 (73.36) 154.86 1.1900 0.9780 N/A
47787UAB9 Asset-Backed JOHN DEERE OWNER 0.870% 2/15/18 2/15/2018 3/11/2015 50,779.82 50,775.98 (3.84) 19.64 0.8700 0.8702 N/A
47788NAC2 Asset-Backed JOHN DEERE OWNER 1.250% 6/15/20 6/15/2020 7/27/2016 274,978.11 273,688.25 (1,289.86) 152.78 1.2500 1.2562 N/A
89237CAD3 Asset-Backed TOYOTA AUTO RECEIV 1.270% 5/15/19 5/15/2019 6/17/2015 499,972.95 499,990.00 17.05 282.22 1.2700 1.2702 AAA
89237KAD5 Asset-Backed TOYOTA AUTO 1.250% 3/16/20 3/16/2020 3/2/2016 199,988.66 199,602.00 (386.66) 111.11 1.2500 1.2539 AAA
31846V203 Cash Equivalents FIRST AMERICAN GOVT OBLIG FUND CL Y 204,661.78 204,661.78 - 15.61 0.1924
037833AG5 Credit APPLE INC 1.03152% 5/03/18 5/3/2018 5/3/2013 250,313.40 250,567.50 254.10 422.64 1.1300 1.0290 AA+
037833BB5 Credit APPLE INC 0.900% 5/12/17 5/12/2017 5/13/2015 119,917.20 119,980.80 63.60 144.00 0.9000 0.8998 AA+
037833BN9 Credit APPLE INC 1.300% 2/23/18 2/23/2018 2/23/2016 29,987.10 30,022.20 35.10 138.67 1.3000 1.2985 AA+
037833BQ2 Credit APPLE INC 1.700% 2/22/19 2/22/2019 2/23/2016 39,993.20 40,075.60 82.40 241.78 1.7000 1.6956 AA+
037833CB4 Credit APPLE INC 1.100% 8/02/19 8/2/2019 8/4/2016 59,940.00 59,103.60 (836.40) 269.50 1.1000 1.1159 AA+
06406HCK3 Credit BANK OF NY MTN 1.28928% 3/06/18 3/6/2018 3/6/2013 750,552.46 751,027.50 475.04 698.36 1.3900 1.2876 A
084664CD1 Credit BERKSHIRE HATHAWAY 1.19998% 1/12/18 1/12/2018 1/15/2015 250,241.20 250,650.00 408.80 549.22 1.1700 1.1967 AA
084664CK5 Credit BERKSHIRE HATHAWAY 1.300% 8/15/19 8/15/2019 8/15/2016 159,844.80 158,057.60 (1,787.20) 785.78 1.3000 1.3147 AA
166764AV2 Credit CHEVRON CORP 1.365% 3/02/18 3/2/2018 3/3/2015 499,970.00 499,510.00 (460.00) 2,256.04 1.3700 1.3660 AA-
166764BA7 Credit CHEVRON CORP 1.790% 11/16/18 11/16/2018 11/17/2015 252,264.73 250,950.00 (1,314.73) 546.94 1.7900 1.7814 AA-
17275RAU6 Credit CISCO SYSTEMS INC 1.650% 6/15/18 6/15/2018 6/17/2015 399,932.00 401,208.00 1,276.00 293.33 1.6500 1.6452 AA-
17275RBG6 Credit CISCO SYSTEMS INC 1.400% 9/20/19 9/20/2019 9/20/2016 109,877.90 108,801.00 (1,076.90) 432.06 1.4000 1.4146 AA-
191216BR0 Credit COCA COLA CO THE 0.875% 10/27/17 10/27/2017 10/27/2015 35,984.16 35,931.96 (52.20) 56.00 0.8800 0.8759 AA-
191216BV1 Credit COCA COLA CO 1.375% 5/30/19 5/30/2019 5/31/2016 249,825.00 248,340.00 (1,485.00) 296.01 1.3800 1.3804 AA-
19416QDU1 Credit COLGATE PALM MTN 2.625% 5/01/17 5/1/2017 5/4/2011 507,870.15 507,721.95 (148.20) 2,209.38 2.6300 2.6128 AA-
30231GAL6 Credit EXXON MOBIL 1.305% 3/06/18 3/6/2018 3/6/2015 460,000.00 459,889.60 (110.40) 1,917.63 1.3100 1.3047 AA+
30231GAP7 Credit EXXON MOBIL 1.708% 3/01/19 3/1/2019 3/3/2016 40,000.00 40,086.40 86.40 227.73 1.7100 1.7048 AA+
30231GAU6 Credit EXXON MOBIL 1.439% 3/01/18 3/1/2018 3/3/2016 40,000.00 40,048.00 48.00 191.87 1.4400 1.4370 AA+
36962G3H5 Credit GEN ELEC CAP CRP MTN 5.625% 9/15/17 9/15/2017 9/24/2007 515,366.66 515,375.00 8.34 8,281.25 5.6300 5.4704 AA-
48125LRD6 Credit JP MORGAN CHASE MT 1.25578% 6/14/17 6/14/2017 6/19/2015 750,000.00 750,802.50 802.50 470.92 1.3600 1.2545 A+
58933YAH8 Credit MERCK CO INC 0.9861% 5/18/18 5/18/2018 5/20/2013 751,225.33 752,910.00 1,684.67 903.92 1.2700 0.9824 AA
594918BF0 Credit MICROSOFT CORP 1.300% 11/03/18 11/3/2018 11/3/2015 751,990.56 749,400.00 (2,590.56) 1,570.83 1.3000 1.3008 AAA
717081DP5 Credit PFIZER INC 0.967% 5/15/17 5/15/2017 5/15/2014 250,003.16 250,127.50 124.34 315.62 1.0600 0.9666 AA
717081DU4 Credit PFIZER INC 1.450% 6/03/19 6/3/2019 6/3/2016 249,715.00 248,477.50 (1,237.50) 281.94 1.4500 1.4566 AA
89236TAY1 Credit TOYOTA MOTOR MTN 2.000% 10/24/18 10/24/2018 10/24/2013 344,980.97 342,012.80 (2,968.17) 1,265.56 2.0000 1.9876 AA-
89236TCX1 Credit TOYOTA MOTOR MTN 1.200% 4/06/18 4/6/2018 4/8/2016 249,940.00 248,890.00 (1,050.00) 708.33 1.2000 1.2043 AA-
90331HMQ3 Credit US BANK NA MTN 1.350% 1/26/18 1/26/2018 1/27/2015 12/26/2017 500,343.05 499,130.00 (1,213.05) 2,906.25 1.3500 1.3522 AA-
91159HHE3 Credit US BANCORP MTN 1.950% 11/15/18 11/15/2018 11/7/2013 10/15/2018 253,427.94 251,272.50 (2,155.44) 622.92 1.9500 1.9387 A+
94974BFK1 Credit WELLS FARGO MTN 1.51178% 4/23/18 4/23/2018 4/23/2013 501,209.33 501,900.00 690.67 1,307.15 1.5100 1.5069 A
94974BFW5 Credit WELLS FARGO COM MTN 1.150% 6/02/17 6/2/2017 6/3/2014 500,096.82 499,870.00 (226.82) 463.19 1.1500 1.1504 A
3136AMTM1 Mortgage-Backed F N M A GTD REMIC 0.3845% 9/25/18 9/25/2018 3/1/2015 424,189.06 424,331.74 142.68 60.88 0.7400 0.7900 N/A
3137BNN26 Mortgage-Backed F H L M C MLTCL MTG 1.780% 7/25/19 7/25/2019 4/1/2016 216,695.22 214,273.30 (2,421.92) 318.92 1.7800 1.7855 N/A
3137BPCF4 Mortgage-Backed F H L M C MLTCL MTG 1.376% 10/25/20 10/25/2020 5/1/2016 373,481.24 370,167.68 (3,313.56) 85.65 1.3800 1.3880 N/A
13063C4V9 Taxable Muni CALIFORNIA ST 1.050% 11/01/18 11/1/2018 11/3/2016 149,887.50 149,374.50 (513.00) 253.75 1.0500 1.0536 AA-
544445AY5 Taxable Muni LOS ANGELES CA DEPT 1.750% 5/15/19 5/15/2019 12/6/2016 100,000.00 99,655.00 (345.00) 121.53 1.7500 1.7547 AA
54473ERP1 Taxable Muni LOS ANGELES CNTY CA 1.507% 12/01/17 12/1/2017 9/2/2015 25,000.00 24,987.75 (12.25) 31.40 1.5100 1.5081 AA
54473ERQ9 Taxable Muni LOS ANGELES CNTY CA 2.036% 12/01/18 12/1/2018 9/2/2015 50,000.00 50,117.50 117.50 84.83 2.0400 2.0325 AA
6055806F1 Taxable Muni MISSISSIPPI ST SER D 3.381% 11/01/18 11/1/2018 11/10/2010 103,420.38 103,614.00 193.62 563.50 3.3800 3.2678 AA
650119AD2 Taxable Muni NEW YORK UNIVERSITY 0.898% 7/01/17 7/1/2017 4/16/2015 200,000.00 199,602.00 (398.00) 898.00 0.9000 0.8998 AA-
650119AE0 Taxable Muni NEW YORK UNIVERSITY 1.315% 7/01/18 7/1/2018 4/16/2015 120,000.00 119,382.00 (618.00) 789.00 1.3200 1.3214 AA-
Payden & Rygel Operating Portfolio by Investment Category for Quarter ended December 31, 2016
43
ATTACHMENT 12
Account Number: 001050990415 Name: RIVERSIDE COUNTY TRANS COMM
CUSIP Security Type Category Issuer
Final
Maturity Trade Date
Next Call
Date Original Cost
Base Market
Value
Unrealized
Gain/Loss
Accrued
Income Coupon Yield
Credit
Rating
Payden & Rygel Operating Portfolio by Investment Category for Quarter ended December 31, 2016
702282ND2 Taxable Muni PASADENA CA UNIF 1.861% 11/01/18 11/1/2018 3/20/2014 251,104.05 251,852.50 748.45 775.42 1.8600 1.8487 A+
91412GD36 Taxable Muni UNIV OF CA 1.169% 5/15/19 5/15/2019 4/20/2016 140,000.00 138,342.40 (1,657.60) 209.12 1.1700 1.1819 AA
91412GPZ2 Taxable Muni UNIV OF CA 1.296% 5/15/18 5/15/2018 3/14/2013 250,900.96 249,632.50 (1,268.46) 414.00 1.3000 1.2984 AA
91412GWU5 Taxable Muni UNIV CALIFORNIA CA 1.418% 5/15/18 5/15/2018 3/25/2015 250,000.00 250,045.00 45.00 452.97 1.4200 1.4183 AA
91412GWV3 Taxable Muni UNIV OF CA 2.003% 5/15/19 5/15/2019 3/25/2015 250,000.00 251,875.00 1,875.00 639.85 2.0000 1.9870 AA
64990E4L8 Tax-Exempt NEW YORK ST DORM 3.000% 2/15/19 2/15/2019 10/20/2016 124,974.57 124,056.00 (918.57) 710.00 3.0000 2.8901 AAA
68609BVE4 Tax-Exempt OREGON ST TANS SER A 2.000% 6/30/17 6/30/2017 7/21/2016 472,822.74 472,556.80 (265.94) 4,177.78 2.0000 1.9891 SP-1+
912828H94 Treasuries U S TREASURY NT 1.000% 2/15/18 2/15/2018 2/17/2015 545,934.79 545,190.75 (1,027.41) 2,058.56 1.0000 0.9991 N/A
912828K25 Treasuries U S TREASURY NT 0.750% 4/15/18 4/15/2018 4/15/2015 1,241,556.92 1,246,137.50 4,580.58 2,008.93 0.7500 0.7521 N/A
912828L40 Treasuries U S TREASURY NT 1.000% 9/15/18 9/15/2018 9/15/2015 385,972.56 384,187.65 (1,718.61) 1,148.62 1.0000 1.0021 N/A
912828M72 Treasuries U S TREASURY NT 0.875% 11/30/17 11/30/2017 11/30/2015 2,259,448.58 2,260,180.80 332.22 1,738.46 0.8800 0.8747 N/A
912828N22 Treasuries U S TREASURY NT 1.250% 12/15/18 12/15/2018 12/15/2015 1,243,924.19 1,231,340.70 (12,583.49) 718.06 1.2500 1.2487 N/A
912828N55 Treasuries U S TREASURY NT 1.000% 12/31/17 12/31/2017 12/31/2015 1,734,832.48 1,736,353.30 1,520.82 8,722.93 1.0000 0.9988 N/A
912828N63 Treasuries U S TREASURY NT 1.125% 1/15/19 1/15/2019 1/15/2016 965,542.29 958,166.40 (8,411.61) 4,989.13 1.1300 1.1270 N/A
912828P95 Treasuries U S TREASURY NT 1.000% 3/15/19 3/15/2019 3/15/2016 2,974,430.59 2,954,229.30 (20,201.29) 8,860.77 1.0000 1.0057 N/A
912828Q45 Treasuries U S TREASURY NT 0.875% 3/31/18 3/31/2018 3/31/2016 1,341,455.77 1,338,271.40 (3,184.37) 3,012.22 0.8800 0.8757 N/A
912828R51 Treasuries U S TREASURY NT 0.875% 5/31/18 5/31/2018 5/31/2016 2,527,748.96 2,525,066.50 (2,682.46) 1,956.91 0.8800 0.8766 N/A
912828R85 Treasuries U S TREASURY NT 0.875% 6/15/19 6/15/2019 6/15/2016 1,278,531.28 1,270,556.52 (7,974.76) 524.71 0.8800 0.8845 N/A
912828S43 Treasuries U S TREASURY NT 0.750% 7/15/19 7/15/2019 7/15/2016 3,535,162.11 3,498,418.50 (36,743.61) 12,299.59 0.7500 0.7611 N/A
912828T83 Treasuries U S TREASURY NT 0.750% 10/31/18 10/31/2018 10/31/2016 1,293,348.31 1,295,617.05 2,268.74 1,676.31 0.7500 0.7555 N/A
912828TS9 Treasuries U S TREASURY NT 0.625% 9/30/17 9/30/2017 10/1/2012 1,049,030.56 1,047,520.91 (1,509.65) 1,675.09 0.6300 0.6256 N/A
912828U40 Treasuries U S TREASURY NT 1.000% 11/30/18 11/30/2018 11/30/2016 1,299,605.60 1,300,824.00 1,218.40 1,147.25 1.0000 1.0032 N/A
912828UA6 Treasuries U S TREASURY NT 0.625% 11/30/17 11/30/2017 11/30/2012 2,023,823.43 2,035,226.40 11,402.97 1,120.88 0.6300 0.6262 N/A
50,707,155.54 50,567,051.49 (141,756.84) 115,932.33
44
Page 25 of 32
Account Number: 001050990415 Name: RIVERSIDE COUNTY TRANS COMM
Transaction
Date Trade Date
Settlement
Date CUSIP Description Units Price Commissions SEC Fees
Miscellaneous
Fees Net Cash Amount
Federal Tax Cost
Amount
Short Term
Gain/Loss
Amount
Long Term
Gain/Loss
Amount
10/3/2016 3130A9AE1
INTEREST EARNED ON F H L B 0.875% 10/01/18 $1 PV ON
510000.0000 SHARES DUE 10/1/2016 0.0000 0.000000 - - - 433.85 - - -
10/3/2016 3133EEWS5
INTEREST EARNED ON F F C B DEB 0.56489% 1/02/18 $1 PV ON
700000.0000 SHARES DUE 10/2/2016 0.0000 0.000000 - - - 329.52 - - -
10/3/2016 10/3/2016 10/3/2016 31846V203 PURCHASED UNITS OF FIRST AMER GOVT OBLIG FUND CL Y 763.3700 1.000000 - - - (763.37) 763.37 - -
10/3/2016 31846V203
INTEREST EARNED ON FIRST AMER GOVT OBLIG FUND CL Y UNIT ON
0.0000 SHARES DUE 9/30/2016 INTEREST FROM 9/1/16 TO 9/30/16 0.0000 0.000000 - - - 1.82 - - -
10/4/2016 10/4/2016 10/4/2016 31846V203 PURCHASED UNITS OF FIRST AMER GOVT OBLIG FUND CL Y 1.8200 1.000000 - - - (1.82) 1.82 - -
10/6/2016 10/6/2016 10/6/2016 31846V203 PURCHASED UNITS OF FIRST AMER GOVT OBLIG FUND CL Y 1,483.3300 1.000000 - - - (1,483.33) 1,483.33 - -
10/6/2016 89236TCX1
INTEREST EARNED ON TOYOTA MOTOR MTN 1.200% 4/06/18 $1 PV
ON 250000.0000 SHARES DUE 10/6/2016 0.0000 0.000000 - - - 1,483.33 - - -
10/11/2016 10/7/2016 10/11/2016 3130A62S5
SOLD PAR VALUE OF F H L B 0.750% 8/28/17 /RBC CAPITAL
MARKETS, LLC/340,000 PAR VALUE AT 100.031 %-340,000.0000 1.000310 - - - 340,105.40 (339,238.40) - 867.00
10/11/2016 10/11/2016 3130A62S5
RECEIVED ACCRUED INTEREST ON SALE OF F H L B 0.750%
8/28/17 0.0000 0.000000 - - - 304.58 - - -
10/11/2016 10/7/2016 10/11/2016 3130A6LZ8
SOLD PAR VALUE OF F H L B DEB 0.625% 10/26/17 /PERSHING
LLC/750,000 PAR VALUE AT 99.844 %-750,000.0000 0.998440 - - - 748,830.00 (748,372.50) 457.50 -
10/11/2016 10/11/2016 3130A6LZ8
RECEIVED ACCRUED INTEREST ON SALE OF F H L B DEB
0.625% 10/26/17 0.0000 0.000000 - - - 2,148.44 - - -
10/11/2016 10/11/2016 10/11/2016 31846V203 PURCHASED UNITS OF FIRST AMER GOVT OBLIG FUND CL Y 106,137.4600 1.000000 - - - (106,137.46) 106,137.46 - -
10/11/2016 10/11/2016 10/11/2016 31846V203 SOLD UNITS OF FIRST AMER GOVT OBLIG FUND CL Y -117,043.0100 1.000000 - - - 117,043.01 (117,043.01) - -
10/11/2016 10/7/2016 10/11/2016 912828P95
PURCHASED PAR VALUE OF U S TREASURY NT 1.000% 3/15/19
/BARCLAYS CAPITAL INC. FIXED IN/1,100,000 PAR VALUE AT
100.13671909 %1,100,000.0000 1.001367 - - - (1,101,503.91) 1,101,503.91 - -
10/11/2016 10/11/2016 912828P95
PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT
1.000% 3/15/19 0.0000 0.000000 - - - (790.06) - - -
10/12/2016 084664CD1
INTEREST EARNED ON BERKSHIRE HATHAWAY 0.98859% 1/12/18 $1
PV ON 250000.0000 SHARES DUE 10/12/2016 0.0000 0.000000 - - - 617.87 - - -
10/12/2016 084664CD1
AMORTIZED PREMIUM ON BERKSHIRE HATHAWAY 0.98859% 1/12/18
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (57.67) - -
10/13/2016 10/13/2016 10/13/2016 31846V203 PURCHASED UNITS OF FIRST AMER GOVT OBLIG FUND CL Y 617.8700 1.000000 - - - (617.87) 617.87 - -
10/17/2016 31680GAB2
INTEREST EARNED ON FIFTH THIRD AUTO TRU 1.020% 5/15/18 $1 PV
ON 83.3900 SHARES DUE 10/15/2016 $0.00085/PV ON 98,105.45 PV
DUE 10/15/16 0.0000 0.000000 - - - 83.39 - - -
10/17/2016 10/15/2016 10/17/2016 31680GAB2 PAID DOWN PAR VALUE OF FIFTH THIRD AUTO TRU 1.020% 5/15/18 -16,043.2600 0.000000 - - - 16,043.26 (16,042.82) 0.44 -
10/17/2016 10/17/2016 10/17/2016 31846V203 PURCHASED UNITS OF FIRST AMER GOVT OBLIG FUND CL Y 16,618.8600 1.000000 - - - (16,618.86) 16,618.86 - -
10/17/2016 10/17/2016 10/17/2016 31846V203 PURCHASED UNITS OF FIRST AMER GOVT OBLIG FUND CL Y 32,264.9600 1.000000 - - - (32,264.96) 32,264.96 - -
10/17/2016 47787UAB9
INTEREST EARNED ON JOHN DEERE OWNER 0.870% 2/15/18 $1 PV
ON 105.9000 SHARES DUE 10/15/2016 $0.00073/PV ON 146,072.39
PV DUE 10/15/16 0.0000 0.000000 - - - 105.90 - - -
10/17/2016 10/15/2016 10/17/2016 47787UAB9 PAID DOWN PAR VALUE OF JOHN DEERE OWNER 0.870% 2/15/18 -26,942.3900 0.000000 - - - 26,942.39 (26,940.65) - 1.74
10/17/2016 89237CAD3
INTEREST EARNED ON TOYOTA AUTO RECEIV 1.270% 5/15/19 $1 PV
ON 529.1700 SHARES DUE 10/15/2016 $0.00106/PV ON 500,000.00
PV DUE 10/15/16 0.0000 0.000000 - - - 529.17 - - -
10/17/2016 89237KAD5
INTEREST EARNED ON TOYOTA AUTO 1.250% 3/16/20 $1 PV ON
208.3300 SHARES DUE 10/15/2016 $0.00104/PV ON 200,000.00 PV
DUE 10/15/16 0.0000 0.000000 - - - 208.33 - - -
10/17/2016 912828K25
INTEREST EARNED ON U S TREASURY NT 0.750% 4/15/18 $1 PV
ON 1250000.0000 SHARES DUE 10/15/2016 0.0000 0.000000 - - - 4,687.50 - - -
10/18/2016 161571HC1
INTEREST EARNED ON CHASE ISSUANCE TRUST 1.370% 6/15/21 $1
PV ON 856.2500 SHARES DUE 10/17/2016 $0.00114/PV ON
750,000.00 PV DUE 10/17/16 0.0000 0.000000 - - - 856.25 - - -
10/18/2016 161571HC1
AMORTIZED PREMIUM ON CHASE ISSUANCE TRUST 1.370% 6/15/21
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (137.37) - -
10/18/2016 10/18/2016 10/18/2016 31846V203 PURCHASED UNITS OF FIRST AMER GOVT OBLIG FUND CL Y 856.2500 1.000000 - - - (856.25) 856.25 - -
10/19/2016 3135G0E58
INTEREST EARNED ON F N M A DEB 1.125% 10/19/18 $1 PV ON
530000.0000 SHARES DUE 10/19/2016 0.0000 0.000000 - - - 2,981.25 - - -
10/19/2016 10/19/2016 10/19/2016 31846V203 SOLD UNITS OF FIRST AMER GOVT OBLIG FUND CL Y -156,495.4000 1.000000 - - - 156,495.40 (156,495.40) - -
10/19/2016 10/19/2016 10/19/2016 31846V203 PURCHASED UNITS OF FIRST AMER GOVT OBLIG FUND CL Y 185,209.8200 1.000000 - - - (185,209.82) 185,209.82 - -
10/19/2016 10/18/2016 10/19/2016 68609BVE4
PURCHASED PAR VALUE OF OREGON ST TANS SER A 2.000%
6/30/17 /J.P. MORGAN CLEARING CORP./470,000 PAR VALUE AT
100.843 %470,000.0000 1.008430 - - - (473,962.10) 473,962.10 - -
10/19/2016 10/19/2016 68609BVE4
PAID ACCRUED INTEREST ON PURCHASE OF OREGON ST TANS SER
A 2.000% 6/30/17 0.0000 0.000000 - - - (2,297.78) - - -
10/19/2016 912828D98
AMORTIZED PREMIUM ON U S TREASURY NT 1.000% 9/15/17
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (223.53) - -
10/19/2016 10/18/2016 10/19/2016 912828D98
SOLD PAR VALUE OF U S TREASURY NT 1.000% 9/15/17 /MLPFS
INC/FIXED INCOME/XOTC 500,000 PAR VALUE AT 100.304688 %-500,000.0000 1.003047 - - - 501,523.44 (500,461.76) - 1,061.68
Payden & Rygel Operating Portfolio Transaction Report
Quarter ended December 31, 2016
45
ATTACHMENT 13
Page 26 of 32
Account Number: 001050990415 Name: RIVERSIDE COUNTY TRANS COMM
Transaction
Date Trade Date
Settlement
Date CUSIP Description Units Price Commissions SEC Fees
Miscellaneous
Fees Net Cash Amount
Federal Tax Cost
Amount
Short Term
Gain/Loss
Amount
Long Term
Gain/Loss
Amount
Payden & Rygel Operating Portfolio Transaction Report
Quarter ended December 31, 2016
10/19/2016 10/19/2016 912828D98
RECEIVED ACCRUED INTEREST ON SALE OF U S TREASURY NT
1.000% 9/15/17 0.0000 0.000000 - - - 469.61 - - -
10/20/2016 05581RAD8
INTEREST EARNED ON BMW VEHICLE LEASE 1.340% 1/22/19 $1 PV
ON 670.0000 SHARES DUE 10/20/2016 $0.00112/PV ON 600,000.00
PV DUE 10/20/16 0.0000 0.000000 - - - 670.00 - - -
10/20/2016 10/20/2016 10/20/2016 31846V203 SOLD UNITS OF FIRST AMER GOVT OBLIG FUND CL Y -124,372.5800 1.000000 - - - 124,372.58 (124,372.58) - -
10/20/2016 10/20/2016 10/20/2016 31846V203 PURCHASED UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y 19,009.9000 1.000000 - - - (19,009.90) 19,009.90 - -
10/20/2016 36159LCN4
INTEREST EARNED ON GE DEALER FLOORPLA 0.98178% 10/20/19 $1
PV ON 388.6200 SHARES DUE 10/20/2016 $0.00082/PV ON
475,000.00 PV DUE 10/20/16 0.0000 0.000000 - - - 388.62 - - -
10/20/2016 36159LCN4
AMORTIZED PREMIUM ON GE DEALER FLOORPLA 0.98178% 10/20/19
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (7.48) - -
10/20/2016 10/7/2016 10/20/2016 64990E4L8
PURCHASED PAR VALUE OF NEW YORK ST DORM 3.000% 2/15/19
/CITIGROUP GLOBAL MARKETS, INC./120,000 PAR VALUE AT 104.526
%120,000.0000 1.045260 - - - (125,431.20) 125,431.20 - -
10/20/2016 92867VAB6
INTEREST EARNED ON VOLKSWAGEN AUTO 0.870% 6/20/17 $1 PV
ON 29.2700 SHARES DUE 10/20/2016 $0.00073/PV ON 40,370.99 PV
DUE 10/20/16 0.0000 0.000000 - - - 29.27 - - -
10/20/2016 10/20/2016 10/20/2016 92867VAB6 PAID DOWN PAR VALUE OF VOLKSWAGEN AUTO 0.870% 6/20/17 -18,980.6300 0.000000 - - - 18,980.63 (18,961.95) - 18.68
10/21/2016 10/20/2016 10/21/2016 3130A7CX1
SOLD PAR VALUE OF F H L B 0.875% 3/19/18 /BMO CAPITAL
MARKETS CORP./520,000 PAR VALUE AT 100.061467 %-520,000.0000 1.000615 - - - 520,319.63 (519,838.80) 480.83 -
10/21/2016 10/21/2016 3130A7CX1
RECEIVED ACCRUED INTEREST ON SALE OF F H L B 0.875%
3/19/18 0.0000 0.000000 - - - 404.44 - - -
10/21/2016 10/20/2016 10/21/2016 3137EADX4
SOLD PAR VALUE OF F H L M C 1.000% 12/15/17 /WELLS
FARGO SECURITIES, LLC/XOTC 820,000 PAR VALUE AT 100.251 %-820,000.0000 1.002510 - - - 822,058.20 (819,155.40) 2,902.80 -
10/21/2016 10/21/2016 3137EADX4
RECEIVED ACCRUED INTEREST ON SALE OF F H L M C 1.000%
12/15/17 0.0000 0.000000 - - - 2,870.00 - - -
10/21/2016 10/21/2016 10/21/2016 31846V203 PURCHASED UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y 83,200.3100 1.000000 - - - (83,200.31) 83,200.31 - -
10/21/2016 10/21/2016 10/21/2016 31846V203 SOLD UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y -79,847.1400 1.000000 - - - 79,847.14 (79,847.14) - -
10/21/2016 10/20/2016 10/21/2016 912828Q45
PURCHASED PAR VALUE OF U S TREASURY NT 0.875% 3/31/18
/BMO CAPITAL MARKETS CORP/BONDS/1,340,000 PAR VALUE AT
100.12109403 %1,340,000.0000 1.001211 - - - (1,341,622.66) 1,341,622.66 - -
10/21/2016 10/21/2016 912828Q45
PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT
0.875% 3/31/18 0.0000 0.000000 - - - (676.44) - - -
10/24/2016 10/24/2016 10/24/2016 31846V203 PURCHASED UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y 5,099.3000 1.000000 - - - (5,099.30) 5,099.30 - -
10/24/2016 89236TAY1
INTEREST EARNED ON TOYOTA MOTOR MTN 2.000% 10/24/18 $1 PV
ON 340000.0000 SHARES DUE 10/24/2016 0.0000 0.000000 - - - 3,400.00 - - -
10/24/2016 89236TAY1
AMORTIZED PREMIUM ON TOYOTA MOTOR MTN 2.000% 10/24/18
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (899.98) - -
10/24/2016 94974BFK1
INTEREST EARNED ON WELLS FARGO MTN 1.3445% 4/23/18 $1 PV
ON 500000.0000 SHARES DUE 10/23/2016 0.0000 0.000000 - - - 1,699.30 - - -
10/24/2016 94974BFK1
AMORTIZED PREMIUM ON WELLS FARGO MTN 1.3445% 4/23/18
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (227.70) - -
10/25/2016
TRUST FEES COLLECTED CHARGED FOR PERIOD 09/01/2016 THRU
09/30/2016 COLLECTED BY DISBURSEMENT 0.0000 0.000000 - - - (527.89) - - -
10/25/2016 05582QAD9
INTEREST EARNED ON BMW VEHICLE OWNER 1.160% 11/25/20 $1
PV ON 439.8300 SHARES DUE 10/25/2016 $0.00097/PV ON
455,000.00 PV DUE 10/25/16 0.0000 0.000000 - - - 439.83 - - -
10/25/2016 3136AMTM1
INTEREST EARNED ON F N M A GTD REMIC 0.3845% 9/25/18 $1 PV
ON 260.7900 SHARES DUE 10/25/2016 $0.00060/PV ON 432,184.79
PV DUE 10/25/16 0.0000 0.000000 - - - 260.79 - - -
10/25/2016 10/25/2016 10/25/2016 3136AMTM1 PAID DOWN PAR VALUE OF F N M A GTD REMIC 0.3845% 9/25/18 -5,163.8400 0.000000 - - - 5,163.84 (5,162.52) - 1.32
10/25/2016 3137BNN26
INTEREST EARNED ON F H L M C MLTCL MTG 1.780% 7/25/19 $1 PV
ON 318.9200 SHARES DUE 10/25/2016 $0.00148/PV ON 215,000.00
PV DUE 10/25/16 0.0000 0.000000 - - - 318.92 - - -
10/25/2016 3137BNN26
AMORTIZED PREMIUM ON F H L M C MLTCL MTG 1.780% 7/25/19
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (54.39) - -
10/25/2016 3137BPCF4
INTEREST EARNED ON F H L M C MLTCL MTG 1.376% 10/25/20 $1 PV
ON 431.6000 SHARES DUE 10/25/2016 $0.00115/PV ON 376,399.24
PV DUE 10/25/16 0.0000 0.000000 - - - 431.60 - - -
10/25/2016 10/25/2016 10/25/2016 3137BPCF4 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.376% 10/25/20 -998.4000 0.000000 - - - 998.40 (998.39) 0.01 -
10/25/2016 10/25/2016 10/25/2016 31846V203 PURCHASED UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y 1,872.4100 1.000000 - - - (1,872.41) 1,872.41 - -
10/25/2016 10/25/2016 10/25/2016 31846V203 SOLD UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y -527.8900 1.000000 - - - 527.89 (527.89) - -
10/25/2016 47788NAC2
INTEREST EARNED ON JOHN DEERE OWNER 1.250% 6/15/20 $1 PV
ON 275000.0000 SHARES DUE 10/15/2016 0.0000 0.000000 - - - 286.46 - - -
10/26/2016 3134G9AF4
ACCREDITED DISCOUNT ON F H L M C M T N 1.050% 4/26/18
CURRENT YEAR MARKET DISCOUNT 0.0000 0.000000 - - - - 276.00 - -
10/26/2016 10/26/2016 10/26/2016 3134G9AF4 FULL CALL PAR VALUE OF F H L M C M T N 1.050% 4/26/18 /CALLS/-690,000.0000 1.000000 - - - 690,000.00 (690,000.00) - -
46
Page 27 of 32
Account Number: 001050990415 Name: RIVERSIDE COUNTY TRANS COMM
Transaction
Date Trade Date
Settlement
Date CUSIP Description Units Price Commissions SEC Fees
Miscellaneous
Fees Net Cash Amount
Federal Tax Cost
Amount
Short Term
Gain/Loss
Amount
Long Term
Gain/Loss
Amount
Payden & Rygel Operating Portfolio Transaction Report
Quarter ended December 31, 2016
10/26/2016 3134G9AF4
INTEREST EARNED ON F H L M C M T N 1.050% 4/26/18 $1 PV ON
690000.0000 SHARES DUE 10/26/2016 0.0000 0.000000 - - - 3,622.50 - - -
10/26/2016 10/26/2016 10/26/2016 31846V203 SOLD UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y -9.4700 1.000000 - - - 9.47 (9.47) - -
10/26/2016 10/26/2016 10/26/2016 31846V203 PURCHASED UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y 699,375.5200 1.000000 - - - (699,375.52) 699,375.52 - -
10/27/2016 191216BR0
INTEREST EARNED ON COCA COLA CO THE 0.875% 10/27/17 $1 PV
ON 36000.0000 SHARES DUE 10/27/2016 0.0000 0.000000 - - - 157.50 - - -
10/27/2016 10/27/2016 10/27/2016 31846V203 PURCHASED UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y 157.5000 1.000000 - - - (157.50) 157.50 - -
10/28/2016 10/28/2016 10/28/2016 31846V203 SOLD UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y -683,444.7700 1.000000 - - - 683,444.77 (683,444.77) - -
10/28/2016 10/27/2016 10/28/2016 912828M72
PURCHASED PAR VALUE OF U S TREASURY NT 0.875% 11/30/17
/BONY/TORONTO DOMINION SECURITI/380,000 PAR VALUE AT
100.14453158 %380,000.0000 1.001445 - - - (380,549.22) 380,549.22 - -
10/28/2016 10/28/2016 912828M72
PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT
0.875% 11/30/17 0.0000 0.000000 - - - (1,362.70) - - -
10/28/2016 10/27/2016 10/28/2016 912828M72
PURCHASED PAR VALUE OF U S TREASURY NT 0.875% 11/30/17
/BNY/MIZUHO SECURITIES USA INC./300,000 PAR VALUE AT
100.15234333 %300,000.0000 1.001523 - - - (300,457.03) 300,457.03 - -
10/28/2016 10/28/2016 912828M72
PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT
0.875% 11/30/17 0.0000 0.000000 - - - (1,075.82) - - -
10/31/2016 10/29/2016 10/29/2016 3134G72P5 FULL CALL PAR VALUE OF F H L M C 1.200% 10/29/18 /CALLS/-500,000.0000 1.000000 - - - 500,000.00 (500,000.00) - -
10/31/2016 3134G72P5
INTEREST EARNED ON F H L M C 1.200% 10/29/18 $1 PV ON
500000.0000 SHARES DUE 10/29/2016 0.0000 0.000000 - - - 3,000.00 - - -
10/31/2016 10/31/2016 10/31/2016 31846V203 PURCHASED UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y 643,965.3600 1.000000 - - - (643,965.36) 643,965.36 - -
10/31/2016 912828N63
AMORTIZED PREMIUM ON U S TREASURY NT 1.125% 1/15/19
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (436.15) - -
10/31/2016 10/27/2016 10/31/2016 912828N63
SOLD PAR VALUE OF U S TREASURY NT 1.125% 1/15/19
/CITIGROUP GLOBAL MARKETS INC./XOTC 140,000 PAR VALUE AT
100.359375 %-140,000.0000 1.003594 - - - 140,503.13 (141,025.22) (522.09) -
10/31/2016 10/31/2016 912828N63
RECEIVED ACCRUED INTEREST ON SALE OF U S TREASURY NT
1.125% 1/15/19 0.0000 0.000000 - - - 462.23 - - -
11/1/2016 13063CFD7
AMORTIZED PREMIUM ON CALIFORNIA ST 1.250% 11/01/16
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (872.08) - -
11/1/2016 11/1/2016 11/1/2016 13063CFD7
MATURED PAR VALUE OF CALIFORNIA ST 1.250% 11/01/16
350,000 PAR VALUE AT 100 %-350,000.0000 1.000000 - - - 350,000.00 (350,000.00) - -
11/1/2016 13063CFD7
INTEREST EARNED ON CALIFORNIA ST 1.250% 11/01/16 $1 PV ON
350000.0000 SHARES DUE 11/1/2016 0.0000 0.000000 - - - 2,187.50 - - -
11/1/2016 19416QDU1
INTEREST EARNED ON COLGATE PALM MTN 2.625% 5/01/17 $1 PV
ON 505000.0000 SHARES DUE 11/1/2016 0.0000 0.000000 - - - 6,628.13 - - -
11/1/2016 19416QDU1
ACCREDITED DISCOUNT ON COLGATE PALM MTN 2.625% 5/01/17
CURRENT YEAR OID 0.0000 0.000000 - - - - 199.03 - -
11/1/2016 19416QDU1
ACCREDITED DISCOUNT ON COLGATE PALM MTN 2.625% 5/01/17
CURRENT YEAR ACQ. PREMIUM OID 0.0000 0.000000 - - - - (199.03) - -
11/1/2016 19416QDU1
AMORTIZED PREMIUM ON COLGATE PALM MTN 2.625% 5/01/17
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (4,288.70) - -
11/1/2016 11/1/2016 11/1/2016 31846V203 SOLD UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y -110,184.9300 1.000000 - - - 110,184.93 (110,184.93) - -
11/1/2016 31846V203
INTEREST EARNED ON FIRST AMERICAN GOVT OBLIG FUND CL Y
UNIT ON 0.0000 SHARES DUE 10/31/2016 INTEREST FROM 10/1/16 TO
10/31/16 0.0000 0.000000 - - - 0.90 - - -
11/1/2016 6055806F1
INTEREST EARNED ON MISSISSIPPI ST SER D 3.381% 11/01/18 $1 PV
ON 100000.0000 SHARES DUE 11/1/2016 0.0000 0.000000 - - - 1,690.50 - - -
11/1/2016 6055806F1
AMORTIZED PREMIUM ON MISSISSIPPI ST SER D 3.381% 11/01/18
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (914.69) - -
11/1/2016 702282ND2
INTEREST EARNED ON PASADENA CA UNIF 1.861% 11/01/18 $1 PV
ON 250000.0000 SHARES DUE 11/1/2016 0.0000 0.000000 - - - 2,326.25 - - -
11/1/2016 702282ND2
AMORTIZED PREMIUM ON PASADENA CA UNIF 1.861% 11/01/18
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (295.26) - -
11/1/2016 10/31/2016 11/1/2016 912828N55
PURCHASED PAR VALUE OF U S TREASURY NT 1.000% 12/31/17
/CITIGROUP GLOBAL MARKETS INC./470,000 PAR VALUE AT
100.3050234 %470,000.0000 1.003050 - - - (471,433.61) 471,433.61 - -
11/1/2016 11/1/2016 912828N55
PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT
1.000% 12/31/17 0.0000 0.000000 - - - (1,583.70) - - -
11/2/2016 3133EEWS5
INTEREST EARNED ON F F C B DEB 0.56722% 1/02/18 $1 PV ON
700000.0000 SHARES DUE 11/2/2016 0.0000 0.000000 - - - 341.91 - - -
11/2/2016 11/2/2016 11/2/2016 31846V203 PURCHASED UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y 342.8100 1.000000 - - - (342.81) 342.81 - -
11/3/2016 037833AG5
INTEREST EARNED ON APPLE INC 1.03152% 5/03/18 $1 PV ON
250000.0000 SHARES DUE 11/3/2016 0.0000 0.000000 - - - 644.70 - - -
11/3/2016 037833AG5
AMORTIZED PREMIUM ON APPLE INC 1.03152% 5/03/18
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (57.98) - -
11/3/2016 10/27/2016 11/3/2016 13063C4V9
PURCHASED PAR VALUE OF CALIFORNIA ST 1.050% 11/01/18
/JEFFERIES LLC/150,000 PAR VALUE AT 99.925 %150,000.0000 0.999250 - - - (149,887.50) 149,887.50 - -
11/3/2016 11/3/2016 11/3/2016 31846V203 SOLD UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y -144,367.8000 1.000000 - - - 144,367.80 (144,367.80) - -
47
Page 28 of 32
Account Number: 001050990415 Name: RIVERSIDE COUNTY TRANS COMM
Transaction
Date Trade Date
Settlement
Date CUSIP Description Units Price Commissions SEC Fees
Miscellaneous
Fees Net Cash Amount
Federal Tax Cost
Amount
Short Term
Gain/Loss
Amount
Long Term
Gain/Loss
Amount
Payden & Rygel Operating Portfolio Transaction Report
Quarter ended December 31, 2016
11/3/2016 594918BF0
INTEREST EARNED ON MICROSOFT CORP 1.300% 11/03/18 $1 PV
ON 750000.0000 SHARES DUE 11/3/2016 0.0000 0.000000 - - - 4,875.00 - - -
11/3/2016 594918BF0
AMORTIZED PREMIUM ON MICROSOFT CORP 1.300% 11/03/18
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (429.15) - -
11/14/2016 037833BB5
INTEREST EARNED ON APPLE INC 0.900% 5/12/17 $1 PV ON
120000.0000 SHARES DUE 11/13/2016 0.0000 0.000000 - - - 540.00 - - -
11/14/2016 11/14/2016 11/14/2016 31846V203 PURCHASED UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y 540.0000 1.000000 - - - (540.00) 540.00 - -
11/15/2016 11/9/2016 11/15/2016 05581RAD8
SOLD PAR VALUE OF BMW VEHICLE LEASE 1.340% 1/22/19
/BARCLAYS CAPITAL INC. FIXED IN/600,000 PAR VALUE AT 100.164063
%-600,000.0000 1.001641 - - - 600,984.38 (599,929.50) 1,054.88 -
11/15/2016 11/15/2016 05581RAD8
RECEIVED ACCRUED INTEREST ON SALE OF BMW VEHICLE LEASE
1.340% 1/22/19 0.0000 0.000000 - - - 558.33 - - -
11/15/2016 161571HC1
INTEREST EARNED ON CHASE ISSUANCE TRUST 1.370% 6/15/21 $1
PV ON 750000.0000 SHARES DUE 11/15/2016 0.0000 0.000000 - - - 856.25 - - -
11/15/2016 161571HC1
AMORTIZED PREMIUM ON CHASE ISSUANCE TRUST 1.370% 6/15/21
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (105.63) - -
11/15/2016 31680GAB2
INTEREST EARNED ON FIFTH THIRD AUTO TRU 1.020% 5/15/18 $1 PV
ON 69.7500 SHARES DUE 11/15/2016 $0.00085/PV ON 82,062.19 PV
DUE 11/15/16 0.0000 0.000000 - - - 69.75 - - -
11/15/2016 11/15/2016 11/15/2016 31680GAB2 PAID DOWN PAR VALUE OF FIFTH THIRD AUTO TRU 1.020% 5/15/18 -14,573.6200 0.000000 - - - 14,573.62 (14,573.22) - 0.40
11/15/2016 11/15/2016 11/15/2016 31846V203 PURCHASED UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y 1,348.4600 1.000000 - - - (1,348.46) 1,348.46 - -
11/15/2016 11/15/2016 11/15/2016 31846V203 PURCHASED UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y 667,463.2200 1.000000 - - - (667,463.22) 667,463.22 - -
11/15/2016 47787UAB9
INTEREST EARNED ON JOHN DEERE OWNER 0.870% 2/15/18 $1 PV
ON 86.3700 SHARES DUE 11/15/2016 $0.00073/PV ON 119,130.00 PV
DUE 11/15/16 0.0000 0.000000 - - - 86.37 - - -
11/15/2016 11/15/2016 11/15/2016 47787UAB9 PAID DOWN PAR VALUE OF JOHN DEERE OWNER 0.870% 2/15/18 -40,778.0900 0.000000 - - - 40,778.09 (40,775.46) - 2.63
11/15/2016 717081DP5
INTEREST EARNED ON PFIZER INC 0.967% 5/15/17 $1 PV ON
250000.0000 SHARES DUE 11/15/2016 0.0000 0.000000 - - - 617.81 - - -
11/15/2016 717081DP5
AMORTIZED PREMIUM ON PFIZER INC 0.967% 5/15/17
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (2.18) - -
11/15/2016 89237CAD3
INTEREST EARNED ON TOYOTA AUTO RECEIV 1.270% 5/15/19 $1 PV
ON 529.1700 SHARES DUE 11/15/2016 $0.00106/PV ON 500,000.00
PV DUE 11/15/16 0.0000 0.000000 - - - 529.17 - - -
11/15/2016 89237KAD5
INTEREST EARNED ON TOYOTA AUTO 1.250% 3/16/20 $1 PV ON
208.3300 SHARES DUE 11/15/2016 $0.00104/PV ON 200,000.00 PV
DUE 11/15/16 0.0000 0.000000 - - - 208.33 - - -
11/15/2016 91159HHE3
INTEREST EARNED ON US BANCORP MTN 1.950% 11/15/18 $1 PV
ON 250000.0000 SHARES DUE 11/15/2016 0.0000 0.000000 - - - 2,437.50 - - -
11/15/2016 91159HHE3
AMORTIZED PREMIUM ON US BANCORP MTN 1.950% 11/15/18
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (738.56) - -
11/15/2016 91412GD36
INTEREST EARNED ON UNIV OF CA 1.169% 5/15/19 $1 PV ON
140000.0000 SHARES DUE 11/15/2016 0.0000 0.000000 - - - 931.95 - - -
11/15/2016 91412GPZ2
INTEREST EARNED ON UNIV OF CA 1.296% 5/15/18 $1 PV ON
250000.0000 SHARES DUE 11/15/2016 0.0000 0.000000 - - - 1,620.00 - - -
11/15/2016 91412GPZ2
AMORTIZED PREMIUM ON UNIV OF CA 1.296% 5/15/18
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (82.42) - -
11/15/2016 91412GWU5
INTEREST EARNED ON UNIV CALIFORNIA CA 1.418% 5/15/18 $1 PV
ON 250000.0000 SHARES DUE 11/15/2016 0.0000 0.000000 - - - 1,772.50 - - -
11/15/2016 91412GWV3
INTEREST EARNED ON UNIV OF CA 2.003% 5/15/19 $1 PV ON
250000.0000 SHARES DUE 11/15/2016 0.0000 0.000000 - - - 2,503.75 - - -
11/16/2016 166764BA7
INTEREST EARNED ON CHEVRON CORP 1.790% 11/16/18 $1 PV
ON 250000.0000 SHARES DUE 11/16/2016 0.0000 0.000000 - - - 2,237.50 - - -
11/16/2016 166764BA7
AMORTIZED PREMIUM ON CHEVRON CORP 1.790% 11/16/18
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (467.35) - -
11/16/2016 11/16/2016 11/16/2016 31846V203 PURCHASED UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y 2,237.5000 1.000000 - - - (2,237.50) 2,237.50 - -
11/21/2016 11/21/2016 11/21/2016 31846V203 PURCHASED UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y 18,300.0000 1.000000 - - - (18,300.00) 18,300.00 - -
11/21/2016 36159LCN4
AMORTIZED PREMIUM ON GE DEALER FLOORPLA 0.98178% 10/20/19
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (7.55) - -
11/21/2016 36159LCN4
INTEREST EARNED ON GE DEALER FLOORPLA 0.98178% 10/20/19 $1
PV ON 411.9500 SHARES DUE 11/20/2016 $0.00087/PV ON
475,000.00 PV DUE 11/20/16 0.0000 0.000000 - - - 411.95 - - -
11/21/2016 58933YAH8
INTEREST EARNED ON MERCK CO INC 0.9861% 5/18/18 $1 PV ON
750000.0000 SHARES DUE 11/18/2016 0.0000 0.000000 - - - 2,225.79 - - -
11/21/2016 58933YAH8
AMORTIZED PREMIUM ON MERCK CO INC 0.9861% 5/18/18
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (218.97) - -
11/21/2016 92867VAB6
INTEREST EARNED ON VOLKSWAGEN AUTO 0.870% 6/20/17 $1 PV
ON 15.5100 SHARES DUE 11/20/2016 $0.00073/PV ON 21,390.36 PV
DUE 11/20/16 0.0000 0.000000 - - - 15.51 - - -
11/21/2016 11/20/2016 11/21/2016 92867VAB6 PAID DOWN PAR VALUE OF VOLKSWAGEN AUTO 0.870% 6/20/17 -17,872.5400 0.000000 - - - 17,872.54 (17,854.95) - 17.59
48
Page 29 of 32
Account Number: 001050990415 Name: RIVERSIDE COUNTY TRANS COMM
Transaction
Date Trade Date
Settlement
Date CUSIP Description Units Price Commissions SEC Fees
Miscellaneous
Fees Net Cash Amount
Federal Tax Cost
Amount
Short Term
Gain/Loss
Amount
Long Term
Gain/Loss
Amount
Payden & Rygel Operating Portfolio Transaction Report
Quarter ended December 31, 2016
11/22/2016 11/22/2016 11/22/2016 31846V203 PURCHASED UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y 2.5800 1.000000 - - - (2.58) 2.58 - -
11/22/2016 11/22/2016 11/22/2016 31846V203 PURCHASED UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y 2,225.7900 1.000000 - - - (2,225.79) 2,225.79 - -
11/22/2016 47788NAC2
INTEREST EARNED ON JOHN DEERE OWNER 1.250% 6/15/20 $1 PV
ON 275000.0000 SHARES DUE 11/21/2016 0.0000 0.000000 - - - 286.46 - - -
11/23/2016 11/23/2016 11/23/2016 31846V203 SOLD UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y -755,622.1500 1.000000 - - - 755,622.15 (755,622.15) - -
11/23/2016 11/18/2016 11/23/2016 912828R85
PURCHASED PAR VALUE OF U S TREASURY NT 0.875% 6/15/19
/BMO CAPITAL MARKETS CORP/BONDS/760,000 PAR VALUE AT
99.03906316 %760,000.0000 0.990391 - - - (752,696.88) 752,696.88 - -
11/23/2016 11/23/2016 912828R85
PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT
0.875% 6/15/19 0.0000 0.000000 - - - (2,925.27) - - -
11/25/2016
TRUST FEES COLLECTED CHARGED FOR PERIOD 10/01/2016 THRU
10/31/2016 COLLECTED BY DISBURSEMENT 0.0000 0.000000 - - - (527.65) - - -
11/25/2016 05582QAD9
INTEREST EARNED ON BMW VEHICLE OWNER 1.160% 11/25/20 $1
PV ON 455000.0000 SHARES DUE 11/25/2016 0.0000 0.000000 - - - 439.83 - - -
11/25/2016 3136AMTM1
INTEREST EARNED ON F N M A GTD REMIC 0.3845% 9/25/18 $1 PV
ON 272.7600 SHARES DUE 11/25/2016 $0.00064/PV ON 427,020.95
PV DUE 11/25/16 0.0000 0.000000 - - - 272.76 - - -
11/25/2016 11/25/2016 11/25/2016 3136AMTM1 PAID DOWN PAR VALUE OF F N M A GTD REMIC 0.3845% 9/25/18 -416.1200 0.000000 - - - 416.12 (416.01) - 0.11
11/25/2016 3137BNN26
INTEREST EARNED ON F H L M C MLTCL MTG 1.780% 7/25/19 $1 PV
ON 318.9200 SHARES DUE 11/25/2016 $0.00148/PV ON 215,000.00
PV DUE 11/25/16 0.0000 0.000000 - - - 318.92 - - -
11/25/2016 3137BNN26
AMORTIZED PREMIUM ON F H L M C MLTCL MTG 1.780% 7/25/19
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (56.21) - -
11/25/2016 3137BPCF4
INTEREST EARNED ON F H L M C MLTCL MTG 1.376% 10/25/20 $1 PV
ON 430.4600 SHARES DUE 11/25/2016 $0.00115/PV ON 375,400.84
PV DUE 11/25/16 0.0000 0.000000 - - - 430.46 - - -
11/25/2016 11/25/2016 11/25/2016 3137BPCF4 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.376% 10/25/20 -910.8200 0.000000 - - - 910.82 (910.81) 0.01 -
11/25/2016 11/25/2016 11/25/2016 31846V203 PURCHASED UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y 439.8300 1.000000 - - - (439.83) 439.83 - -
11/25/2016 11/25/2016 11/25/2016 31846V203 PURCHASED UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y 1,821.4300 1.000000 - - - (1,821.43) 1,821.43 - -
11/30/2016 191216BV1
INTEREST EARNED ON COCA COLA CO 1.375% 5/30/19 $1 PV ON
250000.0000 SHARES DUE 11/30/2016 0.0000 0.000000 - - - 1,718.75 - - -
11/30/2016 11/30/2016 11/30/2016 31846V203 PURCHASED UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y 29,050.0000 1.000000 - - - (29,050.00) 29,050.00 - -
11/30/2016 912828M72
INTEREST EARNED ON U S TREASURY NT 0.875% 11/30/17 $1 PV
ON 2260000.0000 SHARES DUE 11/30/2016 0.0000 0.000000 - - - 9,887.50 - - -
11/30/2016 912828M72
AMORTIZED PREMIUM ON U S TREASURY NT 0.875% 11/30/17
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (415.37) - -
11/30/2016 912828R51
INTEREST EARNED ON U S TREASURY NT 0.875% 5/31/18 $1 PV
ON 2530000.0000 SHARES DUE 11/30/2016 0.0000 0.000000 - - - 11,068.75 - - -
11/30/2016 912828UA6
INTEREST EARNED ON U S TREASURY NT 0.625% 11/30/17 $1 PV
ON 2040000.0000 SHARES DUE 11/30/2016 0.0000 0.000000 - - - 6,375.00 - - -
12/1/2016 12/1/2016 12/1/2016 31846V203 PURCHASED UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y 697.3800 1.000000 - - - (697.38) 697.38 - -
12/1/2016 31846V203
INTEREST EARNED ON FIRST AMERICAN GOVT OBLIG FUND CL Y
UNIT ON 0.0000 SHARES DUE 11/30/2016 INTEREST FROM 11/1/16 TO
11/30/16 0.0000 0.000000 - - - 3.32 - - -
12/1/2016 54473ERP1
INTEREST EARNED ON LOS ANGELES CNTY CA 1.507% 12/01/17 $1
PV ON 25000.0000 SHARES DUE 12/1/2016 0.0000 0.000000 - - - 188.38 - - -
12/1/2016 54473ERQ9
INTEREST EARNED ON LOS ANGELES CNTY CA 2.036% 12/01/18 $1
PV ON 50000.0000 SHARES DUE 12/1/2016 0.0000 0.000000 - - - 509.00 - - -
12/2/2016 3133EEWS5
INTEREST EARNED ON F F C B DEB 0.57378% 1/02/18 $1 PV ON
700000.0000 SHARES DUE 12/2/2016 0.0000 0.000000 - - - 334.71 - - -
12/2/2016 12/2/2016 12/2/2016 31846V203 PURCHASED UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y 3,213.0300 1.000000 - - - (3,213.03) 3,213.03 - -
12/2/2016 94974BFW5
INTEREST EARNED ON WELLS FARGO COM MTN 1.150% 6/02/17 $1
PV ON 500000.0000 SHARES DUE 12/2/2016 0.0000 0.000000 - - - 2,875.00 - - -
12/2/2016 94974BFW5
AMORTIZED PREMIUM ON WELLS FARGO COM MTN 1.150% 6/02/17
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (116.71) - -
12/5/2016 12/5/2016 12/5/2016 31846V203 PURCHASED UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y 1,812.5000 1.000000 - - - (1,812.50) 1,812.50 - -
12/5/2016 717081DU4
INTEREST EARNED ON PFIZER INC 1.450% 6/03/19 $1 PV ON
250000.0000 SHARES DUE 12/3/2016 0.0000 0.000000 - - - 1,812.50 - - -
12/6/2016 06406HCK3
INTEREST EARNED ON BANK OF NY MTN 1.28928% 3/06/18 $1 PV
ON 750000.0000 SHARES DUE 12/6/2016 0.0000 0.000000 - - - 2,417.40 - - -
12/6/2016 06406HCK3
AMORTIZED PREMIUM ON BANK OF NY MTN 1.28928% 3/06/18
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (116.03) - -
12/6/2016 12/6/2016 12/6/2016 31846V203 SOLD UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y -97,582.6000 1.000000 - - - 97,582.60 (97,582.60) - -
12/6/2016 11/16/2016 12/6/2016 544445AY5
PURCHASED PAR VALUE OF LOS ANGELES CA DEPT 1.750% 5/15/19
/RBC CAPITAL MARKETS, LLC/100,000 PAR VALUE AT 100 %100,000.0000 1.000000 - - - (100,000.00) 100,000.00 - -
12/8/2016 12/7/2016 12/8/2016 3130AAE46
PURCHASED PAR VALUE OF F H L B 1.250% 1/16/19 /MLPFS
INC/FIXED INCOME/1,010,000 PAR VALUE AT 99.996 %1,010,000.0000 0.999960 - - - (1,009,959.60) 1,009,959.60 - -
12/8/2016 12/8/2016 12/8/2016 31846V203 SOLD UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y -260,274.7200 1.000000 - - - 260,274.72 (260,274.72) - -
12/8/2016 912828TS9
ACCREDITED DISCOUNT ON U S TREASURY NT 0.625% 9/30/17
CURRENT YEAR OID 0.0000 0.000000 - - - - 102.42 - -
49
Page 30 of 32
Account Number: 001050990415 Name: RIVERSIDE COUNTY TRANS COMM
Transaction
Date Trade Date
Settlement
Date CUSIP Description Units Price Commissions SEC Fees
Miscellaneous
Fees Net Cash Amount
Federal Tax Cost
Amount
Short Term
Gain/Loss
Amount
Long Term
Gain/Loss
Amount
Payden & Rygel Operating Portfolio Transaction Report
Quarter ended December 31, 2016
12/8/2016 912828TS9
ACCREDITED DISCOUNT ON U S TREASURY NT 0.625% 9/30/17
CURRENT YEAR ACQ. PREMIUM OID 0.0000 0.000000 - - - - (102.42) - -
12/8/2016 912828TS9
AMORTIZED PREMIUM ON U S TREASURY NT 0.625% 9/30/17
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (22.09) - -
12/8/2016 12/7/2016 12/8/2016 912828TS9
SOLD PAR VALUE OF U S TREASURY NT 0.625% 9/30/17 /NOMURA
SECURITIES/FIX INCOME/750,000 PAR VALUE AT 99.839509 %-750,000.0000 0.998395 - - - 748,796.32 (750,023.91) - (1,227.59)
12/8/2016 12/8/2016 912828TS9
RECEIVED ACCRUED INTEREST ON SALE OF U S TREASURY NT
0.625% 9/30/17 0.0000 0.000000 - - - 888.56 - - -
12/13/2016 3135G0K77
INTEREST EARNED ON F N M A DEB 1.250% 6/13/19 $1 PV ON
490000.0000 SHARES DUE 12/13/2016 0.0000 0.000000 - - - 3,062.50 - - -
12/13/2016 12/13/2016 12/13/2016 31846V203 PURCHASED UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y 109,672.9000 1.000000 - - - (109,672.90) 109,672.90 - -
12/13/2016 36962G2G8
AMORTIZED PREMIUM ON GEN ELEC CAP CRP MTN 5.400% 2/15/17
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (1,499.02) - -
12/13/2016 12/8/2016 12/13/2016 36962G2G8
SOLD PAR VALUE OF GEN ELEC CAP CRP MTN 5.400% 2/15/17
/MORGAN STANLEY & CO. LLC/104,000 PAR VALUE AT 100.74 %-104,000.0000 1.007400 - - - 104,769.60 (104,786.74) - (17.14)
12/13/2016 12/13/2016 36962G2G8
RECEIVED ACCRUED INTEREST ON SALE OF GEN ELEC CAP CRP
MTN 5.400% 2/15/17 0.0000 0.000000 - - - 1,840.80 - - -
12/14/2016 12/14/2016 12/14/2016 31846V203 PURCHASED UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y 2,380.7500 1.000000 - - - (2,380.75) 2,380.75 - -
12/14/2016 48125LRD6
INTEREST EARNED ON JP MORGAN CHASE MT 1.25578% 6/14/17 $1
PV ON 750000.0000 SHARES DUE 12/14/2016 0.0000 0.000000 - - - 2,380.75 - - -
12/15/2016 161571HC1
INTEREST EARNED ON CHASE ISSUANCE TRUST 1.370% 6/15/21 $1
PV ON 750000.0000 SHARES DUE 12/15/2016 0.0000 0.000000 - - - 856.25 - - -
12/15/2016 161571HC1
AMORTIZED PREMIUM ON CHASE ISSUANCE TRUST 1.370% 6/15/21
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (92.80) - -
12/15/2016 17275RAU6
INTEREST EARNED ON CISCO SYSTEMS INC 1.650% 6/15/18 $1 PV
ON 400000.0000 SHARES DUE 12/15/2016 0.0000 0.000000 - - - 3,300.00 - - -
12/15/2016 31680GAB2
INTEREST EARNED ON FIFTH THIRD AUTO TRU 1.020% 5/15/18 $1 PV
ON 57.3700 SHARES DUE 12/15/2016 $0.00085/PV ON 67,488.57 PV
DUE 12/15/16 0.0000 0.000000 - - - 57.37 - - -
12/15/2016 12/15/2016 12/15/2016 31680GAB2 PAID DOWN PAR VALUE OF FIFTH THIRD AUTO TRU 1.020% 5/15/18 -13,945.8900 0.000000 - - - 13,945.89 (13,945.51) - 0.38
12/15/2016 12/15/2016 12/15/2016 31846V203 PURCHASED UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y 28,765.7600 1.000000 - - - (28,765.76) 28,765.76 - -
12/15/2016 12/15/2016 12/15/2016 31846V203 PURCHASED UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y 31,345.7600 1.000000 - - - (31,345.76) 31,345.76 - -
12/15/2016 47787UAB9
INTEREST EARNED ON JOHN DEERE OWNER 0.870% 2/15/18 $1 PV
ON 56.8100 SHARES DUE 12/15/2016 $0.00073/PV ON 78,351.91 PV
DUE 12/15/16 0.0000 0.000000 - - - 56.81 - - -
12/15/2016 12/15/2016 12/15/2016 47787UAB9 PAID DOWN PAR VALUE OF JOHN DEERE OWNER 0.870% 2/15/18 -27,568.8200 0.000000 - - - 27,568.82 (27,567.05) - 1.77
12/15/2016 89237CAD3
INTEREST EARNED ON TOYOTA AUTO RECEIV 1.270% 5/15/19 $1 PV
ON 529.1700 SHARES DUE 12/15/2016 $0.00106/PV ON 500,000.00
PV DUE 12/15/16 0.0000 0.000000 - - - 529.17 - - -
12/15/2016 89237KAD5
INTEREST EARNED ON TOYOTA AUTO 1.250% 3/16/20 $1 PV ON
208.3300 SHARES DUE 12/15/2016 $0.00104/PV ON 200,000.00 PV
DUE 12/15/16 0.0000 0.000000 - - - 208.33 - - -
12/15/2016 912828N22
INTEREST EARNED ON U S TREASURY NT 1.250% 12/15/18 $1 PV
ON 1230000.0000 SHARES DUE 12/15/2016 0.0000 0.000000 - - - 7,687.50 - - -
12/15/2016 912828N22
AMORTIZED PREMIUM ON U S TREASURY NT 1.250% 12/15/18
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (1,929.71) - -
12/15/2016 912828R85
INTEREST EARNED ON U S TREASURY NT 0.875% 6/15/19 $1 PV
ON 1284000.0000 SHARES DUE 12/15/2016 0.0000 0.000000 - - - 5,617.50 - - -
12/15/2016 912828R85
AMORTIZED PREMIUM ON U S TREASURY NT 0.875% 6/15/19
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (185.03) - -
12/19/2016 12/19/2016 12/19/2016 31846V203 SOLD UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y -89,350.9600 1.000000 - - - 89,350.96 (89,350.96) - -
12/19/2016 912828D98
AMORTIZED PREMIUM ON U S TREASURY NT 1.000% 9/15/17
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (310.65) - -
12/19/2016 12/15/2016 12/19/2016 912828D98
SOLD PAR VALUE OF U S TREASURY NT 1.000% 9/15/17 /HSBC
SECURITIES, INC./1,800,000 PAR VALUE AT 100.07779 %-1,800,000.0000 1.000778 - - - 1,801,400.22 (1,801,351.67) - 48.55
12/19/2016 12/19/2016 912828D98
RECEIVED ACCRUED INTEREST ON SALE OF U S TREASURY NT
1.000% 9/15/17 0.0000 0.000000 - - - 4,723.76 - - -
12/19/2016 12/14/2016 12/19/2016 912828T83
PURCHASED PAR VALUE OF U S TREASURY NT 0.750% 10/31/18
/NOMURA SECURITIES/FIX INCOME/1,305,000 PAR VALUE AT
99.10715019 %1,305,000.0000 0.991072 - - - (1,293,348.31) 1,293,348.31 - -
12/19/2016 12/19/2016 912828T83
PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT
0.750% 10/31/18 0.0000 0.000000 - - - (1,324.83) - - -
12/19/2016 912828TS9
ACCREDITED DISCOUNT ON U S TREASURY NT 0.625% 9/30/17
CURRENT YEAR OID 0.0000 0.000000 - - - - 11.43 - -
12/19/2016 912828TS9
ACCREDITED DISCOUNT ON U S TREASURY NT 0.625% 9/30/17
CURRENT YEAR ACQ. PREMIUM OID 0.0000 0.000000 - - - - (11.43) - -
12/19/2016 912828TS9
AMORTIZED PREMIUM ON U S TREASURY NT 0.625% 9/30/17
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (2.24) - -
50
Page 31 of 32
Account Number: 001050990415 Name: RIVERSIDE COUNTY TRANS COMM
Transaction
Date Trade Date
Settlement
Date CUSIP Description Units Price Commissions SEC Fees
Miscellaneous
Fees Net Cash Amount
Federal Tax Cost
Amount
Short Term
Gain/Loss
Amount
Long Term
Gain/Loss
Amount
Payden & Rygel Operating Portfolio Transaction Report
Quarter ended December 31, 2016
12/19/2016 12/15/2016 12/19/2016 912828TS9
SOLD PAR VALUE OF U S TREASURY NT 0.625% 9/30/17 /MLPFS
INC/FIXED INCOME/XOTC 700,000 PAR VALUE AT 99.789063 %-700,000.0000 0.997891 - - - 698,523.44 (700,021.42) - (1,497.98)
12/19/2016 12/19/2016 912828TS9
RECEIVED ACCRUED INTEREST ON SALE OF U S TREASURY NT
0.625% 9/30/17 0.0000 0.000000 - - - 961.54 - - -
12/19/2016 12/14/2016 12/19/2016 912828U40
PURCHASED PAR VALUE OF U S TREASURY NT 1.000% 11/30/18
/CITIGROUP GLOBAL MARKETS INC./1,305,000 PAR VALUE AT
99.58663602 %1,305,000.0000 0.995866 - - - (1,299,605.60) 1,299,605.60 - -
12/19/2016 12/19/2016 912828U40
PAID ACCRUED INTEREST ON PURCHASE OF U S TREASURY NT
1.000% 11/30/18 0.0000 0.000000 - - - (681.18) - - -
12/20/2016 12/20/2016 12/20/2016 31846V203 PURCHASED UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y 5.1300 1.000000 - - - (5.13) 5.13 - -
12/20/2016 12/20/2016 12/20/2016 31846V203 PURCHASED UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y 387.1500 1.000000 - - - (387.15) 387.15 - -
12/20/2016 36159LCN4
INTEREST EARNED ON GE DEALER FLOORPLA 0.97805% 10/20/19 $1
PV ON 387.1500 SHARES DUE 12/20/2016 $0.00082/PV ON
475,000.00 PV DUE 12/20/16 0.0000 0.000000 - - - 387.15 - - -
12/20/2016 36159LCN4
AMORTIZED PREMIUM ON GE DEALER FLOORPLA 0.97805% 10/20/19
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (7.14) - -
12/20/2016 47788NAC2
INTEREST EARNED ON JOHN DEERE OWNER 1.250% 6/15/20 $1 PV
ON 275000.0000 SHARES DUE 12/20/2016 0.0000 0.000000 - - - 286.46 - - -
12/20/2016 92867VAB6
INTEREST EARNED ON VOLKSWAGEN AUTO 0.870% 6/20/17 $1 PV
ON 3517.8200 SHARES DUE 12/20/2016 0.0000 0.000000 - - - 2.55 - - -
12/21/2016 12/21/2016 12/21/2016 31846V203 PURCHASED UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y 3,517.8200 1.000000 - - - (3,517.82) 3,517.82 - -
12/21/2016 12/20/2016 12/21/2016 92867VAB6 PAID DOWN PAR VALUE OF VOLKSWAGEN AUTO 0.870% 6/20/17 -3,517.8200 489.860168 - - - 3,517.82 (3,514.36) - 3.46
12/27/2016
TRUST FEES COLLECTED CHARGED FOR PERIOD 11/01/2016 THRU
11/30/2016 COLLECTED BY DISBURSEMENT 0.0000 0.000000 - - - (526.46) - - -
12/27/2016 05582QAD9
INTEREST EARNED ON BMW VEHICLE OWNER 1.160% 11/25/20 $1
PV ON 439.8300 SHARES DUE 12/25/2016 $0.00097/PV ON
455,000.00 PV DUE 12/25/16 0.0000 0.000000 - - - 439.83 - - -
12/27/2016 3136AMTM1
INTEREST EARNED ON F N M A GTD REMIC 0.3845% 9/25/18 $1 PV
ON 262.3200 SHARES DUE 12/25/2016 $0.00061/PV ON 426,604.83
PV DUE 12/25/16 0.0000 0.000000 - - - 262.32 - - -
12/27/2016 12/25/2016 12/27/2016 3136AMTM1 PAID DOWN PAR VALUE OF F N M A GTD REMIC 0.3845% 9/25/18 -2,307.0300 317.230998 - - - 2,307.03 (2,306.44) - 0.59
12/27/2016 3137BNN26
INTEREST EARNED ON F H L M C MLTCL MTG 1.780% 7/25/19 $1 PV
ON 318.9200 SHARES DUE 12/25/2016 $0.00148/PV ON 215,000.00
PV DUE 12/25/16 0.0000 0.000000 - - - 318.92 - - -
12/27/2016 3137BNN26
AMORTIZED PREMIUM ON F H L M C MLTCL MTG 1.780% 7/25/19
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (54.39) - -
12/27/2016 3137BPCF4
INTEREST EARNED ON F H L M C MLTCL MTG 1.376% 10/25/20 $1 PV
ON 429.4200 SHARES DUE 12/25/2016 $0.00115/PV ON 374,490.02
PV DUE 12/25/16 0.0000 0.000000 - - - 429.42 - - -
12/27/2016 12/25/2016 12/27/2016 3137BPCF4 PAID DOWN PAR VALUE OF F H L M C MLTCL MTG 1.376% 10/25/20 -1,005.8000 1,092.869984 - - - 1,005.80 (1,005.79) 0.01 -
12/27/2016 12/27/2016 12/27/2016 31846V203 PURCHASED UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y 4,763.3200 1.000000 - - - (4,763.32) 4,763.32 - -
12/27/2016 12/27/2016 12/27/2016 31846V203 SOLD UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y -526.4600 1.000000 - - - 526.46 (526.46) - -
12/29/2016 3134G9UY1
INTEREST EARNED ON F H L M C M T N 1.000% 6/29/18 $1 PV ON
510000.0000 SHARES DUE 12/29/2016 0.0000 0.000000 - - - 2,550.00 - - -
12/29/2016 31846V203
CASH RECEIPT SHORT-TERM CAPITAL GAIN DIV FIRST AMERICAN
GOVT OBLIG FUND CL Y STCP PAYABLE 12/28/16 FGVXX 0.0000 0.000000 - - - 0.01 - - -
12/29/2016 12/29/2016 12/29/2016 31846V203 PURCHASED UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y 2,550.0000 1.000000 - - - (2,550.00) 2,550.00 - -
12/30/2016 037833AG5
AMORTIZED PREMIUM ON APPLE INC 1.03152% 5/03/18
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (37.43) - -
12/30/2016 06406HCK3
AMORTIZED PREMIUM ON BANK OF NY MTN 1.28928% 3/06/18
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (33.50) - -
12/30/2016 084664CD1
AMORTIZED PREMIUM ON BERKSHIRE HATHAWAY 0.98859% 1/12/18
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (50.59) - -
12/30/2016 161571HC1
AMORTIZED PREMIUM ON CHASE ISSUANCE TRUST 1.370% 6/15/21
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (52.59) - -
12/30/2016 166764BA7
AMORTIZED PREMIUM ON CHEVRON CORP 1.790% 11/16/18
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (150.42) - -
12/30/2016 19416QDU1
ACCREDITED DISCOUNT ON COLGATE PALM MTN 2.625% 5/01/17
CURRENT YEAR OID 0.0000 0.000000 - - - - 65.98 - -
12/30/2016 19416QDU1
ACCREDITED DISCOUNT ON COLGATE PALM MTN 2.625% 5/01/17
CURRENT YEAR ACQ. PREMIUM OID 0.0000 0.000000 - - - - (65.98) - -
12/30/2016 19416QDU1
AMORTIZED PREMIUM ON COLGATE PALM MTN 2.625% 5/01/17
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (1,438.58) - -
12/30/2016 3137BNN26
AMORTIZED PREMIUM ON F H L M C MLTCL MTG 1.780% 7/25/19
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (12.69) - -
12/30/2016 12/30/2016 12/30/2016 31846V203 PURCHASED UNITS OF FIRST AMERICAN GOVT OBLIG FUND CL Y 0.0100 1.000000 - - - (0.01) 0.01 - -
12/30/2016 36159LCN4
AMORTIZED PREMIUM ON GE DEALER FLOORPLA 0.97805% 10/20/19
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (2.86) - -
51
Page 32 of 32
Account Number: 001050990415 Name: RIVERSIDE COUNTY TRANS COMM
Transaction
Date Trade Date
Settlement
Date CUSIP Description Units Price Commissions SEC Fees
Miscellaneous
Fees Net Cash Amount
Federal Tax Cost
Amount
Short Term
Gain/Loss
Amount
Long Term
Gain/Loss
Amount
Payden & Rygel Operating Portfolio Transaction Report
Quarter ended December 31, 2016
12/30/2016 36962G3H5
AMORTIZED PREMIUM ON GEN ELEC CAP CRP MTN 5.625% 9/15/17
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (6,388.34) - -
12/30/2016 58933YAH8
AMORTIZED PREMIUM ON MERCK CO INC 0.9861% 5/18/18
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (105.62) - -
12/30/2016 594918BF0
AMORTIZED PREMIUM ON MICROSOFT CORP 1.300% 11/03/18
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (195.29) - -
12/30/2016 6055806F1
AMORTIZED PREMIUM ON MISSISSIPPI ST SER D 3.381% 11/01/18
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (307.69) - -
12/30/2016 64990E4L8
AMORTIZED PREMIUM ON NEW YORK ST DORM 3.000% 2/15/19
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (456.63) - -
12/30/2016 68609BVE4
AMORTIZED PREMIUM ON OREGON ST TANS SER A 2.000% 6/30/17
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (1,139.36) - -
12/30/2016 702282ND2
AMORTIZED PREMIUM ON PASADENA CA UNIF 1.861% 11/01/18
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (101.02) - -
12/30/2016 717081DP5
AMORTIZED PREMIUM ON PFIZER INC 0.967% 5/15/17
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (1.32) - -
12/30/2016 89236TAY1
AMORTIZED PREMIUM ON TOYOTA MOTOR MTN 2.000% 10/24/18
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (507.65) - -
12/30/2016 90331HMQ3
AMORTIZED PREMIUM ON US BANK NA MTN 1.350% 1/26/18
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (149.63) - -
12/30/2016 91159HHE3
AMORTIZED PREMIUM ON US BANCORP MTN 1.950% 11/15/18
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (243.50) - -
12/30/2016 912828H94
AMORTIZED PREMIUM ON U S TREASURY NT 1.000% 2/15/18
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (275.99) - -
12/30/2016 912828L40
AMORTIZED PREMIUM ON U S TREASURY NT 1.000% 9/15/18
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (152.17) - -
12/30/2016 912828M72
AMORTIZED PREMIUM ON U S TREASURY NT 0.875% 11/30/17
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (167.00) - -
12/30/2016 912828N22
AMORTIZED PREMIUM ON U S TREASURY NT 1.250% 12/15/18
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (331.83) - -
12/30/2016 912828N55
AMORTIZED PREMIUM ON U S TREASURY NT 1.000% 12/31/17
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (202.84) - -
12/30/2016 912828N63
AMORTIZED PREMIUM ON U S TREASURY NT 1.125% 1/15/19
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (452.07) - -
12/30/2016 912828P95
AMORTIZED PREMIUM ON U S TREASURY NT 1.000% 3/15/19
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (557.48) - -
12/30/2016 912828Q45
AMORTIZED PREMIUM ON U S TREASURY NT 0.875% 3/31/18
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (166.89) - -
12/30/2016 912828R85
AMORTIZED PREMIUM ON U S TREASURY NT 0.875% 6/15/19
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (34.96) - -
12/30/2016 912828TS9
ACCREDITED DISCOUNT ON U S TREASURY NT 0.625% 9/30/17
CURRENT YEAR OID 0.0000 0.000000 - - - - 8.10 - -
12/30/2016 912828TS9
ACCREDITED DISCOUNT ON U S TREASURY NT 0.625% 9/30/17
CURRENT YEAR ACQ. PREMIUM OID 0.0000 0.000000 - - - - (8.10) - -
12/30/2016 912828TS9
AMORTIZED PREMIUM ON U S TREASURY NT 0.625% 9/30/17
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (1.54) - -
12/30/2016 91412GPZ2
AMORTIZED PREMIUM ON UNIV OF CA 1.296% 5/15/18
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (84.12) - -
12/30/2016 94974BFK1
AMORTIZED PREMIUM ON WELLS FARGO MTN 1.3445% 4/23/18
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (173.87) - -
12/30/2016 94974BFW5
AMORTIZED PREMIUM ON WELLS FARGO COM MTN 1.150% 6/02/17
CURRENT YEAR AMORTIZATION 0.0000 0.000000 - - - - (21.03) - -
Total - - - - 106,090.98 4,374.39 (716.81)
52
Logan Circle Partners, L.P. 25 Deforest Avenue
Summit, NJ 07901 908-376-0550
SHORT DURATION FIXED INCOME
Fourth Quarter 2016 Client Review
Riverside County
Transportation Commission
53
��G D P - F i r s t - h a l f g r o w t h w i l l r e m a i n i n t h e l o w - m i d 2 % r a n g e a s f i s c a l s t i m u l u s b e n e f i t s f r o m
T r u m p / c o n g r e s s i o n a l i n i t i a t i v e s a r e n o t f e l t u n t i l l a t e r i n t h e y e a r , a t t h e e a r l i e s t . P e r s o n a l c o n s u m p t i o n , w h i c h
h a s b e e n t h e p r i m a r y d r i v e r o f G D P g r o w t h , w i l l g e t h e l p f r o m b u s i n e s s f i x e d i n v e s t m e n t a n d g o v e r n m e n t
s p e n d i n g a s t h e y e a r p r o g r e s s e s . S t r o n g d o l l a r a n d p o t e n t i a l t r a d e b a t t l e s a r e h e a d w i n d s t o n e t e x p o r t s .
T a k e n t o g e t h e r , e x p e c t a t i o n s a r e f o r g r o w t h r u n n i n g c l o s e r t o a 3 % p a c e b y y e a r - e n d .
��C o n s u m e r - M o s t m e a s u r e s o f c o n s u m e r c o n f i d e n c e a t c y c l e h i g h s , r e f l e c t i n g h e i g h t e n e d o p t i m i s m f o r f i s c a l
p o l i c y r e f o r m s . H i g h e r h e a l t h c a r e c o s t s r e p r e s e n t a n i n c r e a s i n g s h a r e o f c o n s u m e r s p e n d i n g a n d d i s p o s a b l e
i n c o m e . I m p a c t o f p r o p o s e d t a x c u t s , w h i c h w i l l d i s p r o p o r t i o n a t e l y b e n e f i t h i g h - i n c o m e e a r n e r s , l i k e l y t o h a v e
a l i m i t e d i m p a c t o n o v e r a l l c o n s u m p t i o n
��B u s i n e s s - P r o s p e c t o f c o r p o r a t e t a x a n d r e g u l a t o r y r e f o r m l i f t s c o n f i d e n c e a n d w i l l p u s h t h e t r a j e c t o r y o f
b u s i n e s s f i x e d i n v e s t m e n t h i g h e r , e x t e n d i n g t h e b u s i n e s s c y c l e . R e g u l a t o r y r e f o r m c o u l d l e a d t o p r o d u c t i v i t y
g a i n s a n d o f f s e t w a g e p r e s s u r e s . C r e d i t m e t r i c s , w h i l e e x h i b i t i n g l a t e - c y c l e s t r e s s , h a v e p l a t e a u e d b u t s h o u l d
i m p r o v e w i t h a p i c k u p i n o v e r a l l a c t i v i t y . F i n a n c i a l s b e n e f i t f r o m t h e s t e e p e r y i e l d c u r v e a n d h i g h e r i n t e r e s t
r a t e s . S m a l l b u s i n e s s c o n f i d e n c e a t p o s t - r e c e s s i o n h i g h s .
��E m p l o y m e n t - T h e l a b o r m a r k e t n o t a s s t r o n g a s h e a d l i n e u n e m p l o y m e n t i n d i c a t e s . F u r t h e r i m p r o v e m e n t
w o u l d b e e v i d e n c e d b y a p i c k u p i n w o r k e r s l o o k i n g t o r e - e n t e r t h e l a b o r f o r c e , p o t e n t i a l l y r e s u l t i n g i n a h i g h e r
u n e m p l o y m e n t r a t e . C h a n g e s t o t h e A f f o r d a b l e C a r e A c t c o u l d l e a d t o a d e c l i n e i n t h e U - 6
( u n d e r e m p l o y m e n t ) r a t e , s h o u l d t h e h o u r s w o r k e d c e i l i n g b e r a i s e d . S e r v i c e s e c t o r c o n t i n u e s t o a c c o u n t f o r
t h e m a j o r i t y o f e m p l o y m e n t g a i n s b u t q u a l i t y o f j o b s b e a r s w a t c h i n g . M i n i m u m w a g e i n c r e a s e s i n 2 0 s t a t e s
w i l l k e e p u p w a r d t r e n d i n w a g e s i n t a c t .
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