Investment Report for the Quarter Ending September 30, 2024

Investment Performance Review
For the Quarter Ended September 30, 2024
Client Management Team
PFM Asset Management LLC
Luke Schneider, CFA, Managing Director
Annette Gaston, Director
213 Market Street
Harrisburg, PA 17101-2141
717-232-2723
1101 W. Washington Street
Tempe, AZ 85288
480-271-0432
NOT FDIC INSURED : NO BANK GUARANTEE : MAY LOSE VALUE
For Institutional Investor or Investment Professional Use Only - This material is not for inspection by, distribution to, or quotation to the general public
CITY OF CHANDLER
HEALTH CARE BENEFITS TRUST

© PFM Asset Management LLC     pfmam.com
|
•
Account Summary
•
Portfolio Review
1

© PFM Asset Management LLC     pfmam.com
|
Account Summary
2

© PFM Asset Management LLC     pfmam.com
CITY OF CHANDLER
For the Quarter Ended September 30, 2024
Account Summary
|
Account Summary
Yield at market, yield on cost, and portfolio duration only include investments held within the separately managed account(s), excludes balances invested in overnight funds.
1.
CHANDLER HEALTH CARE BENEFITS TRUST
Portfolio Values
September 30, 2024
PFMAM Managed Account
$21,207,856
Amortized Cost
$21,010,087
Market Value
$21,207,856
Accrued Interest
$177,308
Cash
$12,454
Analytics¹
September 30, 2024
Yield at Market
3.86%
Yield on Cost
4.22%
Portfolio Duration
1.74
3

© PFM Asset Management LLC     pfmam.com
CITY OF CHANDLER
For the Quarter Ended September 30, 2024
Account Summary
|
Sector Allocation Analytics
4
<0.1%
13.3%
0.4%
5.9%
80.4%
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
70.0%
80.0%
90.0%
100.0%
**First American Funds - $10
Corporate - $2,845,415
Municipal - $87,818
Federal Agency - $1,254,208
U.S. Treasury - $17,197,723
Sector Limit for Analysis*
Portfolio Allocation
For informational/analytical purposes only and is not provided for compliance assurance. Included accrued interest. 
*Sector Limit for Analysis is as derived from our interpretation of your most recent Investment Policy as provided. 
**First American Funds Balance as of 9/30/2024.

© PFM Asset Management LLC     pfmam.com
|
Portfolio Review:
CHANDLER HEALTH CARE BENEFITS TRUST
5

© PFM Asset Management LLC     pfmam.com
CITY OF CHANDLER
For the Quarter Ended September 30, 2024
Portfolio Snapshot
|
Portfolio Snapshot - CHANDLER HEALTH CARE BENEFITS TRUST¹
Credit Quality - S&P2
31%
30%
28%
11%
7%
57%
35%
0%
20%
40%
60%
0-1 Yr
1-2 Yrs
2-3 Yrs
3-4 Yrs
Portfolio
Benchmark3
Duration Distribution
U.S. Treasury | 80%
Corporate | 13%
Federal Agency | 6%
Municipal | <1%
Sector Allocation
AAA | 2%
AA+ | 88%
AA | 2%
AA- | 2%
A+ | 3%
A | 2%
A- | 2%
BBB+ | 1%
Portfolio Statistics
Portfolio Effective Duration
1.74 years
Benchmark Effective Duration
1.76 years
Portfolio Credit Quality
AA
Yield At Market
3.86%
Yield At Cost
4.22%
Total Market Value
$21,397,617.67
$21,207,856.49
Securities Sub-Total
$12,453.63
Cash
$177,307.55
Accrued Interest
1. Total market value includes accrued interest and balances invested in PFMAM, as of June 30, 2024.Yield and duration calculations exclude balances invested in PFMAM.
2. An average of each security’s credit rating was assigned a numeric value and adjusted for its relative weighting in the portfolio.
3. The portfolio’s benchmark is currently the ICE BofA 1-3 Year U.S Treasury Index. Prior to 3/31/17 it was the ICE BofA 0-3 Year U.S Treasury Index. Prior to 9/30/12 it was the ICE BofA 0-6
Month U.S Treasury Index. Source: Bloomberg Finance LP.
6

Liquidity Vehicle
Quarter-End Yield
Allspring Treasury Plus Money 
Market A Fund1
First American Funds2
1.
Allspring Treasury Plus Money Market A Fund ticker symbol PISXX. Account yield is the 30-day current yield from Fund website as of 9/30/2024.
2.
First American Funds ticker symbol FGZXX; Account yield is the Net Annualized Monthly Average Yield as of September 2024. For U.S. Treasury, Treasury Obligations and Government Obligations – 
You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Fund is not 
insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund's sponsor has no legal obligation to provide financial support to the Fund, and you should 
not expect that the sponsor will provide financial support to the Fund at any time.
CITY OF CHANDLER
© PFM Asset Management LLC  |   pfmam.com
For the Quarter Ended September 30, 2024 
Portfolio Snapshot
7
4.97%
5.01%

© PFM Asset Management LLC     pfmam.com
CITY OF CHANDLER
For the Quarter Ended September 30, 2024
Portfolio Characteristics
|
$0.0
$4.4
$8.8
$13.2
$17.6
$22.0
Millions
September 2024
$0.0
$4.4
$8.8
$13.2
$17.6
$22.0
Millions
June 2024
$0.0
$4.4
$8.8
$13.2
$17.6
$22.0
Millions
March 2024
$0.0
$4.4
$8.8
$13.2
$17.6
$22.0
Millions
December 2023
Sector Allocation Review - CHANDLER HEALTH CARE BENEFITS TRUST
U.S. Treasury
Federal Agency
Municipal
Negotiable CD
Corporate
Market values, excluding accrued interest. Only includes fixed-income securities held within the separately managed account(s) and LGIPs managed by PFMAM. Detail may not add to total due to rounding.
Dec-23
% of Total
Security Type
Mar-24
% of Total
Jun-24
% of Total
% of Total
Sep-24
U.S. Treasury
$13.4
74.7%
$16.8
81.3%
$17.6
83.3%
$17.0
80.4%
Federal Agency
$1.9
10.5%
$1.2
6.0%
$1.2
5.8%
$1.2
5.9%
Municipal
$0.1
0.5%
$0.1
0.4%
$0.1
0.4%
$0.1
0.4%
Negotiable CD
$0.3
1.4%
$0.2
1.2%
$0.2
1.2%
$0.0
0.0%
Corporate
$2.3
12.9%
$2.3
11.1%
$2.0
9.3%
$2.8
13.3%
Total
$17.9
100.0%
$20.7
100.0%
$21.1
100.0%
$21.2
100.0%
8

© PFM Asset Management LLC     pfmam.com
CITY OF CHANDLER
For the Quarter Ended September 30, 2024
Portfolio Activity
|
Portfolio Activity - CHANDLER HEALTH CARE BENEFITS TRUST
Net Activity by Sector
($ millions)
U.S. Treasury
Negotiable CD
Corporate
U.S. Treasury
Negotiable CD
Corporate
($2.5)
($2.0)
($1.5)
($1.0)
($0.5)
$0.0
$0.5
$1.0
$1.5
Based on total proceeds (principal and accrued interest) of buys, sells, maturities, and principal paydowns. Detail may not add to total due to rounding.
Sector
Net Activity
Corporate
$807,255
Negotiable CD
($259,406)
U.S. Treasury
($904,826)
($356,976)
Total Net Activity
Sales/Maturities 
 Purchases
9

© PFM Asset Management LLC     pfmam.com
CITY OF CHANDLER
For the Quarter Ended September 30, 2024
Portfolio Performance
|
The lesser of 10 years or since inception is shown. Performance inception date is December 31, 2010.
1.
Interest earned calculated as the ending accrued interest less beginning accrued interest, plus net interest activity.
2.
Realized gains / (losses) are shown on an amortized cost basis.
3.
Accrual Basis Earnings - CHANDLER HEALTH CARE BENEFITS TRUST
Accrual Basis Earnings
Interest Earned²
Realized Gains / (Losses)³
Change in Amortized Cost
Total Earnings
3 Months
$185,458
($24,840)
$34,720
$195,337
1 Year
$648,002
($26,912)
$119,022
$740,111
3 Years
$1,279,943
($39,008)
$134,260
$1,375,195
5 Year
$1,823,542
$174,006
$105,254
$2,102,802
10 Year¹
$2,544,264
$86,977
$102,471
$2,733,712
10

© PFM Asset Management LLC     pfmam.com
CITY OF CHANDLER
For the Quarter Ended September 30, 2024
Portfolio Holdings
|
Managed Account Detail of Securities Held
Security Type/Description
Dated Date/Coupon/Maturity
CUSIP
Par
S&P
Rating
Moody's
Rating
Settle
Date
Original
Cost
Trade
Date
YTM
at Cost
Accrued
Interest
Market
Value
Amortized
Cost
U.S. Treasury
US TREASURY N/B
DTD 02/15/2022 1.500% 02/15/2025
91282CDZ1
235,000.00
AA+
Aaa
3/22/2023
3/24/2023
223,075.59
4.31
450.20
232,402.07
232,646.05
US TREASURY N/B
DTD 05/16/2022 2.750% 05/15/2025
91282CEQ0
495,000.00
AA+
Aaa
8/12/2022
8/15/2022
488,773.83
3.23
5,141.68
490,402.93
493,598.49
US TREASURY N/B
DTD 06/15/2022 2.875% 06/15/2025
91282CEU1
230,000.00
AA+
Aaa
4/8/2024
4/10/2024
224,402.73
5.02
1,951.23
227,917.35
226,662.42
US TREASURY N/B
DTD 07/15/2022 3.000% 07/15/2025
91282CEY3
650,000.00
AA+
Aaa
8/8/2022
8/9/2022
647,384.77
3.14
4,133.15
644,708.35
649,299.19
US TREASURY N/B
DTD 07/15/2022 3.000% 07/15/2025
91282CEY3
235,000.00
AA+
Aaa
8/15/2022
8/16/2022
234,045.31
3.15
1,494.29
233,086.87
234,742.48
US TREASURY N/B
DTD 08/15/2022 3.125% 08/15/2025
91282CFE6
135,000.00
AA+
Aaa
9/29/2022
9/29/2022
130,923.63
4.25
538.81
133,918.92
133,766.62
US TREASURY N/B
DTD 08/15/2022 3.125% 08/15/2025
91282CFE6
100,000.00
AA+
Aaa
9/12/2022
9/12/2022
98,765.63
3.57
399.12
99,199.20
99,632.46
US TREASURY N/B
DTD 08/17/2015 2.000% 08/15/2025
912828K74
2,375,000.00
AA+
Aaa
2/7/2023
2/8/2023
2,249,663.09
4.23
6,066.58
2,333,325.88
2,331,629.88
US TREASURY N/B
DTD 11/15/2022 4.500% 11/15/2025
91282CFW6
270,000.00
AA+
Aaa
12/12/2022 12/13/2022
272,562.89
4.15
4,589.27
271,719.09
270,983.88
US TREASURY N/B
DTD 11/15/2022 4.500% 11/15/2025
91282CFW6
125,000.00
AA+
Aaa
12/1/2022
12/2/2022
126,665.04
4.02
2,124.66
125,795.88
125,632.68
US TREASURY N/B
DTD 11/15/2022 4.500% 11/15/2025
91282CFW6
105,000.00
AA+
Aaa
11/29/2022 11/30/2022
105,750.59
4.24
1,784.71
105,668.54
105,284.68
US TREASURY N/B
DTD 12/15/2022 4.000% 12/15/2025
91282CGA3
270,000.00
AA+
Aaa
1/3/2023
1/4/2023
268,565.63
4.19
3,186.89
270,443.07
269,413.45
US TREASURY N/B
DTD 01/17/2023 3.875% 01/15/2026
91282CGE5
2,280,000.00
AA+
Aaa
2/7/2023
2/8/2023
2,266,017.19
4.10
18,726.36
2,281,069.32
2,273,856.43
US TREASURY N/B
DTD 02/15/2023 4.000% 02/15/2026
91282CGL9
110,000.00
AA+
Aaa
4/19/2023
4/20/2023
109,918.36
4.03
561.96
110,296.45
109,960.29
US TREASURY N/B
DTD 04/17/2023 3.750% 04/15/2026
91282CGV7
147,000.00
AA+
Aaa
5/1/2023
5/1/2023
146,643.98
3.84
2,545.39
146,994.27
146,815.07
11

© PFM Asset Management LLC     pfmam.com
CITY OF CHANDLER
For the Quarter Ended September 30, 2024
Portfolio Holdings
|
Security Type/Description
Dated Date/Coupon/Maturity
CUSIP
Par
S&P
Rating
Moody's
Rating
Settle
Date
Original
Cost
Trade
Date
YTM
at Cost
Accrued
Interest
Market
Value
Amortized
Cost
U.S. Treasury
US TREASURY N/B
DTD 04/17/2023 3.750% 04/15/2026
91282CGV7
185,000.00
AA+
Aaa
5/12/2023
5/15/2023
185,317.97
3.69
3,203.38
184,992.79
185,167.34
US TREASURY N/B
DTD 05/15/2023 3.625% 05/15/2026
91282CHB0
250,000.00
AA+
Aaa
5/19/2023
5/22/2023
247,324.22
4.01
3,423.06
249,580.00
248,547.85
US TREASURY N/B
DTD 08/15/2023 4.375% 08/15/2026
91282CHU8
185,000.00
AA+
Aaa
9/7/2023
9/8/2023
183,410.16
4.69
1,033.71
187,290.86
183,987.07
US TREASURY N/B
DTD 08/15/2023 4.375% 08/15/2026
91282CHU8
165,000.00
AA+
Aaa
8/22/2023
8/24/2023
163,330.66
4.74
921.96
167,043.20
163,951.10
US TREASURY N/B
DTD 08/15/2023 4.375% 08/15/2026
91282CHU8
130,000.00
AA+
Aaa
8/17/2023
8/18/2023
128,984.38
4.66
726.39
131,609.79
129,365.35
US TREASURY N/B
DTD 10/16/2023 4.625% 10/15/2026
91282CJC6
280,000.00
AA+
Aaa
10/16/2023 10/17/2023
278,260.94
4.85
5,979.64
285,239.08
278,789.85
US TREASURY N/B
DTD 11/15/2023 4.625% 11/15/2026
91282CJK8
475,000.00
AA+
Aaa
12/1/2023
12/4/2023
477,133.79
4.46
8,297.98
484,388.85
476,563.97
US TREASURY N/B
DTD 11/15/2023 4.625% 11/15/2026
91282CJK8
300,000.00
AA+
Aaa
1/3/2024
1/4/2024
303,820.31
4.15
5,240.83
305,929.80
302,875.03
US TREASURY N/B
DTD 12/15/2023 4.375% 12/15/2026
91282CJP7
460,000.00
AA+
Aaa
1/3/2024
1/4/2024
463,054.69
4.13
5,938.52
467,187.50
462,320.94
US TREASURY N/B
DTD 02/15/2024 4.125% 02/15/2027
91282CKA8
965,000.00
AA+
Aaa
2/13/2024
2/15/2024
956,028.52
4.46
5,083.95
975,893.89
957,812.34
US TREASURY N/B
DTD 04/15/2024 4.500% 04/15/2027
91282CKJ9
110,000.00
AA+
Aaa
4/12/2024
4/15/2024
109,346.88
4.71
2,285.66
112,363.24
109,441.80
US TREASURY N/B
DTD 05/15/2024 4.500% 05/15/2027
91282CKR1
100,000.00
AA+
Aaa
5/9/2024
5/15/2024
99,664.06
4.62
1,699.73
102,230.50
99,704.00
US TREASURY N/B
DTD 05/15/2017 2.375% 05/15/2027
912828X88
1,175,000.00
AA+
Aaa
3/14/2024
3/15/2024
1,103,260.74
4.46
10,540.68
1,139,015.63
1,115,672.38
US TREASURY N/B
DTD 06/17/2024 4.625% 06/15/2027
91282CKV2
255,000.00
AA+
Aaa
7/2/2024
7/3/2024
255,517.97
4.55
3,480.12
261,803.40
255,477.54
US TREASURY N/B
DTD 07/15/2024 4.375% 07/15/2027
91282CKZ3
105,000.00
AA+
Aaa
7/30/2024
7/31/2024
105,516.80
4.20
973.68
107,165.63
105,488.94
US TREASURY N/B
DTD 07/15/2024 4.375% 07/15/2027
91282CKZ3
640,000.00
AA+
Aaa
8/1/2024
8/2/2024
646,525.00
4.00
5,934.78
653,200.00
646,182.55
US TREASURY N/B
DTD 08/15/2017 2.250% 08/15/2027
9128282R0
180,000.00
AA+
Aaa
9/1/2022
9/1/2022
170,894.53
3.37
517.26
173,453.94
174,724.97
12

© PFM Asset Management LLC     pfmam.com
CITY OF CHANDLER
For the Quarter Ended September 30, 2024
Portfolio Holdings
|
Security Type/Description
Dated Date/Coupon/Maturity
CUSIP
Par
S&P
Rating
Moody's
Rating
Settle
Date
Original
Cost
Trade
Date
YTM
at Cost
Accrued
Interest
Market
Value
Amortized
Cost
U.S. Treasury
US TREASURY N/B
DTD 11/30/2022 3.875% 11/30/2027
91282CFZ9
1,100,000.00
AA+
Aaa
3/14/2024
3/15/2024
1,079,976.56
4.41
14,324.80
1,109,237.80
1,082,932.05
US TREASURY N/B
DTD 02/28/2023 4.000% 02/29/2028
91282CGP0
1,100,000.00
AA+
Aaa
3/14/2024
3/15/2024
1,084,789.06
4.38
3,767.96
1,114,523.30
1,086,892.92
US TREASURY N/B
DTD 05/31/2023 3.625% 05/31/2028
91282CHE4
460,000.00
AA+
Aaa
4/1/2024
4/1/2024
446,541.41
4.40
5,603.89
460,521.18
448,160.69
US TREASURY N/B
DTD 01/02/2024 3.750% 12/31/2028
91282CJR3
665,000.00
AA+
Aaa
1/26/2024
1/29/2024
655,830.27
4.06
6,302.14
669,130.32
656,982.55
17,047,000.00
16,737,687.18
148,974.42
17,048,748.89
Security Type Sub-Total
4.19
16,874,965.30
Municipal
SCOTTSDALE-REF
DTD 12/30/2020 0.608% 07/01/2025
810454BL1
90,000.00
AAA
Aaa
12/10/2020 12/30/2020
90,000.00
0.61
136.80
87,681.06
90,000.00
90,000.00
90,000.00
136.80
87,681.06
Security Type Sub-Total
0.61
90,000.00
Federal Agency
FEDERAL HOME LOAN BANK
(CALLABLE)
DTD 08/08/2022 4.100% 08/08/2025
3130ASRJ0
875,000.00
AA+
Aaa
8/5/2022
8/8/2022
874,562.50
4.12
5,281.60
873,635.88
874,875.64
FANNIE MAE  (CALLABLE)
DTD 08/30/2022 4.000% 08/28/2025
3135GACV1
375,000.00
AA+
Aaa
8/25/2022
8/30/2022
374,981.25
4.00
1,375.00
373,915.88
374,994.31
1,250,000.00
1,249,543.75
6,656.60
1,247,551.76
Security Type Sub-Total
4.08
1,249,869.95
Corporate
TEXAS INSTRUMENTS INC
DTD 11/18/2022 4.700% 11/18/2024
882508BR4
35,000.00
A+
Aa3
11/15/2022 11/18/2022
34,984.25
4.72
607.74
34,981.42
34,998.97
APPLE INC
DTD 05/13/2015 3.200% 05/13/2025
037833BG4
265,000.00
AA+
Aaa
12/15/2022 12/19/2022
257,103.00
4.52
3,250.67
263,173.62
262,970.91
PEPSICO INC  (CALLABLE)
DTD 07/17/2015 3.500% 07/17/2025
713448CY2
155,000.00
A+
A1
1/17/2023
1/19/2023
151,523.35
4.46
1,115.14
153,972.04
153,892.74
13

© PFM Asset Management LLC     pfmam.com
CITY OF CHANDLER
For the Quarter Ended September 30, 2024
Portfolio Holdings
|
Security Type/Description
Dated Date/Coupon/Maturity
CUSIP
Par
S&P
Rating
Moody's
Rating
Settle
Date
Original
Cost
Trade
Date
YTM
at Cost
Accrued
Interest
Market
Value
Amortized
Cost
Corporate
INTEL CORP  (CALLABLE)
DTD 07/29/2015 3.700% 07/29/2025
458140AS9
150,000.00
BBB+
Baa1
1/17/2023
1/19/2023
147,154.50
4.50
955.83
148,610.85
149,068.18
MICROSOFT CORP  (CALLABLE)
DTD 11/03/2015 3.125% 11/03/2025
594918BJ2
265,000.00
AAA
Aaa
1/23/2023
1/25/2023
256,737.30
4.33
3,404.51
262,484.36
261,754.53
NOVARTIS CAPITAL CORP
(CALLABLE)
DTD 11/20/2015 3.000% 11/20/2025
66989HAJ7
230,000.00
AA-
Aa3
1/27/2023
1/31/2023
221,862.60
4.35
2,510.83
227,318.89
226,701.49
AMAZON.COM INC  (CALLABLE)
DTD 05/12/2021 1.000% 05/12/2026
023135BX3
100,000.00
AA
A1
6/2/2023
6/6/2023
90,597.00
4.45
386.11
95,602.70
94,826.57
CHARLES SCHWAB CORP
(CALLABLE)
DTD 05/13/2021 1.150% 05/13/2026
808513BR5
120,000.00
A-
A2
7/25/2024
7/26/2024
111,789.60
5.19
529.00
114,377.04
112,579.72
TOYOTA MOTOR CREDIT CORP
DTD 08/14/2023 5.000% 08/14/2026
89236TKX2
135,000.00
A+
A1
8/22/2023
8/25/2023
134,380.35
5.17
881.25
137,432.70
134,609.89
BANK OF AMERICA NA  (CALLABLE)
DTD 08/18/2023 5.526% 08/18/2026
06428CAA2
135,000.00
A+
Aa1
10/23/2023 10/24/2023
133,863.30
5.85
891.07
138,602.07
134,241.08
WALMART INC  (CALLABLE)
DTD 09/17/2021 1.050% 09/17/2026
931142ER0
340,000.00
AA
Aa2
1/30/2023
1/31/2023
304,092.60
4.22
138.83
322,847.68
320,589.11
BLACKROCK FUNDING INC
(CALLABLE)
DTD 07/26/2024 4.600% 07/26/2027
09290DAH4
105,000.00
AA-
Aa3
7/17/2024
7/26/2024
104,996.85
4.60
872.08
107,013.90
104,997.25
CATERPILLAR FINL SERVICE
DTD 08/16/2024 4.400% 10/15/2027
14913UAR1
170,000.00
A
A2
8/12/2024
8/16/2024
169,915.00
4.42
935.00
172,189.43
169,918.17
MASTERCARD INC  (CALLABLE)
DTD 09/05/2024 4.100% 01/15/2028
57636QBA1
90,000.00
A+
Aa3
9/3/2024
9/5/2024
89,950.50
4.12
266.50
90,642.06
89,951.73
BANK OF NY MELLON CORP
(CALLABLE)
DTD 02/07/2017 3.442% 02/07/2028
06406RAB3
340,000.00
A
A1
8/6/2024
8/7/2024
330,323.60
4.33
1,755.42
334,590.60
330,712.34
JPMORGAN CHASE & CO
(CALLABLE)
DTD 02/24/2022 2.947% 02/24/2028
46647PCW4
110,000.00
A-
A1
9/14/2023
9/18/2023
100,580.70
5.13
333.17
106,651.05
102,782.08
14

© PFM Asset Management LLC     pfmam.com
CITY OF CHANDLER
For the Quarter Ended September 30, 2024
Portfolio Holdings
|
Security Type/Description
Dated Date/Coupon/Maturity
CUSIP
Par
S&P
Rating
Moody's
Rating
Settle
Date
Original
Cost
Trade
Date
YTM
at Cost
Accrued
Interest
Market
Value
Amortized
Cost
Corporate
JPMORGAN CHASE & CO
(CALLABLE)
DTD 04/22/2024 5.571% 04/22/2028
46647PEE2
110,000.00
A-
A1
6/3/2024
6/4/2024
110,733.70
5.38
2,706.58
113,384.37
110,656.61
2,855,000.00
2,750,588.20
21,539.73
2,823,874.78
Security Type Sub-Total
4.59
2,795,251.37
21,242,000.00
20,827,819.13
177,307.55
21,207,856.49
Managed Account Sub Total
Securities Sub Total
Accrued Interest
$21,242,000.00
$20,827,819.13
$177,307.55
$21,207,856.49
$177,307.55
21,010,086.62
$21,010,086.62
4.22
4.22%
Total Investments
$21,385,164.04
15

© PFM Asset Management LLC     pfmam.com
CITY OF CHANDLER
For the Quarter Ended September 30, 2024
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date
Par ($)
CUSIP
Maturity
Date
Transact
Amount ($)
Coupon
Yield
at Market
Realized
G/L (BV)
Security Description
BUY
7/2/2024
7/3/2024
255,000.00
91282CKV2
US TREASURY N/B
4.62%
6/15/2027
256,097.99
4.55%
7/17/2024
7/26/2024
105,000.00
09290DAH4
BLACKROCK FUNDING INC  (CALLABLE)
4.60%
7/26/2027
104,996.85
4.60%
7/25/2024
7/26/2024
120,000.00
808513BR5
CHARLES SCHWAB CORP  (CALLABLE)
1.15%
5/13/2026
112,069.43
5.19%
7/30/2024
7/31/2024
275,000.00
91282CKZ3
US TREASURY N/B
4.37%
7/15/2027
276,876.62
4.20%
8/1/2024
8/2/2024
640,000.00
91282CKZ3
US TREASURY N/B
4.37%
7/15/2027
647,894.57
4.01%
8/6/2024
8/7/2024
340,000.00
06406RAB3
BANK OF NY MELLON CORP  (CALLABLE)
3.44%
2/7/2028
330,323.60
4.33%
8/12/2024
8/16/2024
170,000.00
14913UAR1
CATERPILLAR FINL SERVICE
4.40%
10/15/2027
169,915.00
4.42%
9/3/2024
9/5/2024
90,000.00
57636QBA1
MASTERCARD INC  (CALLABLE)
4.10%
1/15/2028
89,950.50
4.12%
Total  BUY
1,995,000.00
1,988,124.56
0.00
INTEREST
7/1/2024
7/1/2024
90,000.00
810454BL1
SCOTTSDALE-REF
0.60%
7/1/2025
273.60
7/1/2024
7/1/2024
MONEY0002
MONEY MARKET FUND
0.00%
747.75
7/15/2024
7/15/2024
2,280,000.00
91282CGE5
US TREASURY N/B
3.87%
1/15/2026
44,175.00
7/15/2024
7/15/2024
885,000.00
91282CEY3
US TREASURY N/B
3.00%
7/15/2025
13,275.00
7/17/2024
7/17/2024
155,000.00
713448CY2
PEPSICO INC  (CALLABLE)
3.50%
7/17/2025
2,712.50
7/29/2024
7/29/2024
150,000.00
458140AS9
INTEL CORP  (CALLABLE)
3.70%
7/29/2025
2,775.00
7/31/2024
7/31/2024
615,000.00
912828Z52
US TREASURY N/B
1.37%
1/31/2025
4,228.13
16

© PFM Asset Management LLC     pfmam.com
CITY OF CHANDLER
For the Quarter Ended September 30, 2024
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date
Par ($)
CUSIP
Maturity
Date
Transact
Amount ($)
Coupon
Yield
at Market
Realized
G/L (BV)
Security Description
INTEREST
8/1/2024
8/1/2024
MONEY0002
MONEY MARKET FUND
0.00%
1,068.30
8/8/2024
8/8/2024
875,000.00
3130ASRJ0
FEDERAL HOME LOAN BANK  (CALLABLE)
4.10%
8/8/2025
17,937.50
8/14/2024
8/14/2024
135,000.00
89236TKX2
TOYOTA MOTOR CREDIT CORP
5.00%
8/14/2026
3,375.00
8/15/2024
8/15/2024
180,000.00
9128282R0
US TREASURY N/B
2.25%
8/15/2027
2,025.00
8/15/2024
8/15/2024
110,000.00
91282CGL9
US TREASURY N/B
4.00%
2/15/2026
2,200.00
8/15/2024
8/15/2024
235,000.00
91282CDZ1
US TREASURY N/B
1.50%
2/15/2025
1,762.50
8/15/2024
8/15/2024
965,000.00
91282CKA8
US TREASURY N/B
4.12%
2/15/2027
19,903.13
8/15/2024
8/15/2024
480,000.00
91282CHU8
US TREASURY N/B
4.37%
8/15/2026
10,500.00
8/15/2024
8/15/2024
235,000.00
91282CFE6
US TREASURY N/B
3.12%
8/15/2025
3,671.88
8/15/2024
8/15/2024
2,375,000.00
912828K74
US TREASURY N/B
2.00%
8/15/2025
23,750.00
8/18/2024
8/18/2024
135,000.00
06428CAA2
BANK OF AMERICA NA  (CALLABLE)
5.52%
8/18/2026
3,730.05
8/24/2024
8/24/2024
110,000.00
46647PCW4
JPMORGAN CHASE & CO  (CALLABLE)
2.94%
2/24/2028
1,620.85
8/28/2024
8/28/2024
3135GACV1
FANNIE MAE  (CALLABLE)
4.00%
8/28/2025
7,500.00
8/31/2024
8/31/2024
91282CGP0
US TREASURY N/B
4.00%
2/29/2028
22,000.00
9/3/2024
9/3/2024
MONEY0002
MONEY MARKET FUND
0.00%
316.91
9/17/2024
9/17/2024
931142ER0
WALMART INC  (CALLABLE)
1.05%
9/17/2026
1,785.00
Total  INTEREST
10,010,000.00
191,333.10
0.00
17

© PFM Asset Management LLC     pfmam.com
CITY OF CHANDLER
For the Quarter Ended September 30, 2024
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date
Par ($)
CUSIP
Maturity
Date
Transact
Amount ($)
Coupon
Yield
at Market
Realized
G/L (BV)
Security Description
MATURITY
7/31/2024
7/31/2024
270,000.00
91282CFA4
US TREASURY NOTES
3.00%
7/31/2024
274,050.00
Total  MATURITY
270,000.00
274,050.00
0.00
SELL
7/2/2024
7/3/2024
250,000.00
89115B6F2
TORONTO DOMINION BANK NY
5.47%
10/25/2024
259,405.50
-167.00
7/17/2024
7/18/2024
105,000.00
91282CFA4
US TREASURY NOTES
3.00%
7/31/2024
106,376.37
-2.41
8/1/2024
8/2/2024
500,000.00
912828YV6
US TREASURY N/B
1.50%
11/30/2024
495,236.29
-7,799.18
8/6/2024
8/7/2024
335,000.00
912828YV6
US TREASURY N/B
1.50%
11/30/2024
332,151.77
-4,901.94
8/12/2024
8/13/2024
170,000.00
91282CKZ3
US TREASURY N/B
4.37%
7/15/2027
173,089.63
1,676.20
8/15/2024
8/16/2024
615,000.00
912828Z52
US TREASURY N/B
1.37%
1/31/2025
605,518.05
-12,294.83
8/15/2024
8/16/2024
100,000.00
912828YV6
US TREASURY N/B
1.50%
11/30/2024
99,272.60
-1,351.16
Total  SELL
2,075,000.00
2,071,050.21
-24,840.32
18

© PFM Asset Management LLC     pfmam.com
CITY OF CHANDLER
For the Quarter Ended September 30, 2024
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date
Par ($)
CUSIP
Maturity
Date
Transact
Amount ($)
Coupon
Yield
at Market
Realized
G/L (BV)
Security Description
Tran.
Type
7/2/2024
7/3/2024
255,000.00
91282CKV2
US TREASURY N/B
4.62%
6/15/2027
256,097.99
4.55%
BUY
7/17/2024
7/26/2024
105,000.00
09290DAH4
BLACKROCK FUNDING INC
4.60%
7/26/2027
104,996.85
4.60%
BUY
7/25/2024
7/26/2024
120,000.00
808513BR5
CHARLES SCHWAB CORP  (CALLABLE)
1.15%
5/13/2026
112,069.43
5.19%
BUY
7/30/2024
7/31/2024
275,000.00
91282CKZ3
US TREASURY N/B
4.37%
7/15/2027
276,876.62
4.20%
BUY
8/1/2024
8/2/2024
640,000.00
91282CKZ3
US TREASURY N/B
4.37%
7/15/2027
647,894.57
4.01%
BUY
8/6/2024
8/7/2024
340,000.00
06406RAB3
BANK OF NY MELLON CORP
3.44%
2/7/2028
330,323.60
4.33%
BUY
8/12/2024
8/16/2024
170,000.00
14913UAR1
CATERPILLAR FINL SERVICE
4.40%
10/15/2027
169,915.00
4.42%
BUY
9/3/2024
9/5/2024
90,000.00
57636QBA1
MASTERCARD INC  (CALLABLE)
4.10%
1/15/2028
89,950.50
4.12%
BUY
7/1/2024
7/1/2024
90,000.00
810454BL1
SCOTTSDALE-REF
0.60%
7/1/2025
273.60
INTEREST
7/1/2024
7/1/2024
MONEY0002
MONEY MARKET FUND
0.00%
747.75
INTEREST
7/15/2024
7/15/2024
2,280,000.00
91282CGE5
US TREASURY N/B
3.87%
1/15/2026
44,175.00
INTEREST
7/15/2024
7/15/2024
885,000.00
91282CEY3
US TREASURY N/B
3.00%
7/15/2025
13,275.00
INTEREST
7/17/2024
7/17/2024
155,000.00
713448CY2
PEPSICO INC  (CALLABLE)
3.50%
7/17/2025
2,712.50
INTEREST
7/29/2024
7/29/2024
150,000.00
458140AS9
INTEL CORP  (CALLABLE)
3.70%
7/29/2025
2,775.00
INTEREST
7/31/2024
7/31/2024
615,000.00
912828Z52
US TREASURY N/B
1.37%
1/31/2025
4,228.13
INTEREST
8/1/2024
8/1/2024
MONEY0002
MONEY MARKET FUND
0.00%
1,068.30
INTEREST
8/8/2024
8/8/2024
875,000.00
3130ASRJ0
FEDERAL HOME LOAN BANK
4.10%
8/8/2025
17,937.50
INTEREST
8/14/2024
8/14/2024
135,000.00
89236TKX2
TOYOTA MOTOR CREDIT CORP
5.00%
8/14/2026
3,375.00
INTEREST
19

© PFM Asset Management LLC     pfmam.com
CITY OF CHANDLER
For the Quarter Ended September 30, 2024
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date
Par ($)
CUSIP
Maturity
Date
Transact
Amount ($)
Coupon
Yield
at Market
Realized
G/L (BV)
Security Description
Tran.
Type
8/15/2024
8/15/2024
180,000.00
9128282R0
US TREASURY N/B
2.25%
8/15/2027
2,025.00
INTEREST
8/15/2024
8/15/2024
110,000.00
91282CGL9
US TREASURY N/B
4.00%
2/15/2026
2,200.00
INTEREST
8/15/2024
8/15/2024
235,000.00
91282CDZ1
US TREASURY N/B
1.50%
2/15/2025
1,762.50
INTEREST
8/15/2024
8/15/2024
965,000.00
91282CKA8
US TREASURY N/B
4.12%
2/15/2027
19,903.13
INTEREST
8/15/2024
8/15/2024
480,000.00
91282CHU8
US TREASURY N/B
4.37%
8/15/2026
10,500.00
INTEREST
8/15/2024
8/15/2024
235,000.00
91282CFE6
US TREASURY N/B
3.12%
8/15/2025
3,671.88
INTEREST
8/15/2024
8/15/2024
2,375,000.00
912828K74
US TREASURY N/B
2.00%
8/15/2025
23,750.00
INTEREST
8/18/2024
8/18/2024
135,000.00
06428CAA2
BANK OF AMERICA NA  (CALLABLE)
5.52%
8/18/2026
3,730.05
INTEREST
8/24/2024
8/24/2024
110,000.00
46647PCW4
JPMORGAN CHASE & CO  (CALLABLE)
2.94%
2/24/2028
1,620.85
INTEREST
8/28/2024
8/28/2024
3135GACV1
FANNIE MAE  (CALLABLE)
4.00%
8/28/2025
7,500.00
INTEREST
8/31/2024
8/31/2024
91282CGP0
US TREASURY N/B
4.00%
2/29/2028
22,000.00
INTEREST
9/3/2024
9/3/2024
MONEY0002
MONEY MARKET FUND
0.00%
316.91
INTEREST
9/17/2024
9/17/2024
931142ER0
WALMART INC  (CALLABLE)
1.05%
9/17/2026
1,785.00
INTEREST
7/31/2024
7/31/2024
270,000.00
91282CFA4
US TREASURY NOTES
3.00%
7/31/2024
274,050.00
MATURITY
7/2/2024
7/3/2024
250,000.00
89115B6F2
TORONTO DOMINION BANK NY
5.47%
10/25/2024
259,405.50
-167.00
SELL
7/17/2024
7/18/2024
105,000.00
91282CFA4
US TREASURY NOTES
3.00%
7/31/2024
106,376.37
-2.41
SELL
8/1/2024
8/2/2024
500,000.00
912828YV6
US TREASURY N/B
1.50%
11/30/2024
495,236.29
-7,799.18
SELL
8/6/2024
8/7/2024
335,000.00
912828YV6
US TREASURY N/B
1.50%
11/30/2024
332,151.77
-4,901.94
SELL
20

© PFM Asset Management LLC     pfmam.com
CITY OF CHANDLER
For the Quarter Ended September 30, 2024
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date
Par ($)
CUSIP
Maturity
Date
Transact
Amount ($)
Coupon
Yield
at Market
Realized
G/L (BV)
Security Description
Tran.
Type
8/12/2024
8/13/2024
170,000.00
91282CKZ3
US TREASURY N/B
4.37%
7/15/2027
173,089.63
1,676.20
SELL
8/15/2024
8/16/2024
615,000.00
912828Z52
US TREASURY N/B
1.37%
1/31/2025
605,518.05
-12,294.83
SELL
8/15/2024
8/16/2024
100,000.00
912828YV6
US TREASURY N/B
1.50%
11/30/2024
99,272.60
-1,351.16
SELL
TOTALS
4,524,557.87
-24,840.32
14,350,000.00
21

© PFM Asset Management LLC     pfmam.com
CITY OF CHANDLER
For the Quarter Ended September 30, 2024
Appendix
|
Important Disclosures
This material is for general information purposes only and is not intended to provide specific advice or a specific recommendation, as it was prepared without regard to
any specific objectives or financial circumstances.
Investment advisory services are provided by PFM Asset Management LLC ("PFMAM"), an investment adviser registered with the U.S. Securities and Exchange
Commission and a subsidiary of U.S. Bancorp Asset Management, Inc. ("USBAM"). USBAM is a subsidiary of U.S. Bank National Association ("U.S. Bank").  U.S. Bank
is a separate entity and subsidiary of U.S. Bancorp.  U.S. Bank is not responsible for and does not guarantee the products, services or performance of PFMAM.  The
information contained is not an offer to purchase or sell any securities. Additional applicable regulatory information is available upon request.
PFMAM professionals have exercised reasonable professional care in the preparation of this performance report. Information in this report is obtained from sources
external to PFMAM and is generally believed to be reliable and available to the public; however, we cannot guarantee its accuracy, completeness or suitability. We rely
on the client's custodian for security holdings and market values. Transaction dates reported by the custodian may differ from money manager statements. While efforts
are made to ensure the data contained herein is accurate and complete, we disclaim all responsibility for any errors that may occur. References to particular issuers are
for illustrative purposes only and are not intended to be recommendations or advice regarding such issuers. Fixed income manager and index characteristics are
gathered from external sources. When average credit quality is not available, it is estimated by taking the market value weights of individual credit tiers on the portion of
the strategy rated by a NRSRO.
It is not possible to invest directly in an index. The index returns shown throughout this material do not represent the results of actual trading of investor assets.
Third-party providers maintain the indices shown and calculate the index levels and performance shown or discussed. Index returns do not reflect payment of any sales
charges or fees an investor would pay to purchase the securities they represent. The imposition of these fees and charges would cause investment performance to be
lower than the performance shown.
The views expressed within this material constitute the perspective and judgment of PFMAM at the time of distribution and are subject to change. Any forecast,
projection, or prediction of the market, the economy, economic trends, and equity or fixed-income markets are based upon certain assumptions and current opinion as
of the date of issue and are also subject to change. Some, but not all assumptions are noted in the report. Assumptions may or may not be proven correct as actual
events occur, and results may depend on events outside of your or our control. Changes in assumptions may have a material effect on results. Opinions and data
presented are not necessarily indicative of future events or expected performance.
For more information regarding PFMAM's services or entities, please visit www.pfmam.com.
© 2023 PFM Asset Management LLC. Further distribution is not permitted without prior written consent.
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© PFM Asset Management LLC     pfmam.com
CITY OF CHANDLER
For the Quarter Ended September 30, 2024
Appendix
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Important Disclosures
Market values that include accrued interest are derived from closing bid prices as of the last business day of the month as supplied by Refinitiv, Bloomberg, or
Telerate. Where prices are not available from generally recognized sources, the securities are priced using a yield-based matrix system to arrive at an estimated
market value.
In accordance with generally accepted accounting principles, information is presented on a trade date basis; forward settling purchases are included in the monthly
balances, and forward settling sales are excluded.
Performance is presented in accordance with the CFA Institute's Global Investment Performance Standards (GIPS). Unless otherwise noted, performance is shown
gross of fees. Quarterly returns are presented on an unannualized basis. Returns for periods greater than one year are presented on an annualized basis. Past 
performance is not indicative of future returns.
Bank of America/Merrill Lynch Indices provided by Bloomberg Financial Markets.
Money market fund/cash balances are included in performance and duration computations.
Standard & Poor's is the source of the credit ratings. Distribution of credit rating is exclusive of money market fund/LGIP holdings.
Callable securities in the portfolio are included in the maturity distribution analysis to their stated maturity date, although, they may be called prior to maturity.
MBS maturities are represented by expected average life.
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© PFM Asset Management LLC     pfmam.com
CITY OF CHANDLER
For the Quarter Ended September 30, 2024
Appendix
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Glossary
Accrued Interest: Interest that is due on a bond or other fixed income security since the last interest payment was made.
Agencies: Federal agency securities and/or Government-sponsored enterprises.
Amortized Cost: The original cost of the principal of the security is adjusted for the amount of the periodic reduction of any discount or premium from the purchase
date until the date of the report. Discount or premium with respect to short-term securities (those with less than one year to maturity at time of issuance) is amortized
on a straight line basis. Such discount or premium with respect to longer-term securities is amortized using the constant yield basis.
Asset-Backed Security: A financial instrument collateralized by an underlying pool of assets – usually ones that generate a cash flow from debt, such as loans,
leases, credit card balances, and receivables.
Bankers’ Acceptance: A draft or bill or exchange accepted by a bank or trust company. The accepting institution guarantees payment of the bill as well as the insurer.
Commercial Paper: An unsecured obligation issued by a corporation or bank to finance its short-term credit needs, such as accounts receivable and inventory.
Contribution to Total Return: The weight of each individual security multiplied by its return, then summed for each sector to determine how much each sector added
or subtracted from the overall portfolio performance.
Effective Duration: A measure of the sensitivity of a security’s price to a change in interest rates, stated in years.
Effective Yield: The total yield an investor receives in relation to the nominal yield or coupon of a bond. Effective yield takes into account the power of compounding
on investment returns, while nominal yield does not.
FDIC: Federal Deposit Insurance Corporation. A federal agency that insures bank deposits to a specified amount.
Interest Rate: Interest per year divided by principal amount and expressed as a percentage.
Market Value: The value that would be received or paid for an investment in an orderly transaction between market participants at the measurement date.
Maturity: The date upon which the principal or stated value of an investment becomes due and payable.
Negotiable Certificates of Deposit: A CD with a very large denomination, usually $1 million or more, that can be traded in secondary markets.
Par Value: The nominal dollar face amount of a security.
Pass-through Security: A security representing pooled debt obligations that passes income from debtors to its shareholders. The most common type is the
mortgage-backed security.
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© PFM Asset Management LLC     pfmam.com
CITY OF CHANDLER
For the Quarter Ended September 30, 2024
Appendix
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Glossary
Repurchase Agreements: A holder of securities sells these securities to an investor with an agreement to repurchase them at a fixed price on a fixed date.
Settle Date: The date on which the transaction is settled and monies/securities are exchanged. If the settle date of the transaction (i.e., coupon payments and
maturity proceeds) occurs on a non-business day, the funds are exchanged on the next business day.
Supranational: A multinational union or association in which member countries cede authority and sovereignty on at least some internal matters to the group, whose
decisions are binding on its members.
Trade Date: The date on which the transaction occurred; however, the final consummation of the security transaction and payment has not yet taken place.
Unsettled Trade: A trade which has been executed; however, the final consummation of the security transaction and payment has not yet taken place.
U.S. Treasury: The department of the U.S. government that issues Treasury securities.
Yield: The rate of return based on the current market value, the annual interest receipts, maturity value, and the time period remaining until maturity, stated as a
percentage on an annualized basis.
YTM at Cost: The yield to maturity at cost is the expected rate of return based on the original cost, the annual interest receipts, maturity value, and the time period
from purchase date to maturity, stated as a percentage on an annualized basis.
YTM at Market: The yield to maturity at market is the rate of return based on the current market value, the annual interest receipts, maturity value, and the time
period remaining until maturity, stated as a percentage on an annualized basis.
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