report:executive summary highly liquid portfolio: 15% of annual … combined m… · market value +...

Report: Executive Summary

Account:

As of: 3/31/2019

Market Value + Accrued Book Yield

Highly Liquid Portfolio: 15% of Annual Budget Must Mature Within 30 Days Per Policy **

Overnight Liquid Products:

Bank of the West - ICS 88,987,534.54$ 2.407%

State of New Mexico LGIP 17,187,846.64$ 2.456%

Highly Liquid - Wells Fargo MMF 9,000,000.00$ 2.290%

Wells Fargo Savings 4.23$ 0.000%

Bank of the West 11,537.17$ 0.081%

Total Highly Liquid Portfolio 115,186,922.58$

Liquid Portfolio: $60 million Matures Within 12 Months

US Treasury Securities 114,951,460.86$ 2.477%

US Agency Securities -$

Liquid - Wells Fargo MMF 14,914.13$ 2.290%

Cash/Receivable 17,841,865.81$ 0.00%

Total Liquid Portfolio 132,808,240.80$ 37.41%

BERNALILLO COUNTY TREASURER

% of Total

Summary of Negotiated Bank Deposits:*

32.44%


Account:

As of: 3/31/2019


Core Portfolio: Actively Managed (non-discretionary)

US Treasury Securities 105,946,547.56$ 2.048%


Core - Wells Fargo MMF 1,012,762.74$ 2.290%

Cash/Receivable 83,139.82$ 0.00%

Total Core Portfolio 107,042,450.12$

Total Operating Funds 355,037,613.50$ 2.200%

Previous Month Operating Funds 347,031,279.07$ 2.237%

100.00%

30.15%


Account:

As of: 3/31/2019


CDARS/ICS 88,987,534.54$ (FDIC Insured)

NMSTO LGIP 17,187,846.64$

Bank Deposits 11,541.40$

US Treasury Securities 220,898,008.42$


Cash - Wells Fargo MMF 10,027,676.87$

Cash/Receivable 17,925,005.63$

355,037,613.50$

Footnotes:

* Average Monthly Bank Deposit Balances (on which returns are calculated for Highly Liquid Portfolio):

Wells Fargo Savings 4.23$

Bank of the West 11,537.17$

State of New Mexico LGIP 16,058,814.38$

** All information for Highly Liquid Portfolio investments supplied by the Bernalillo County Treasurer's office.

Compliance:

Note: Legacy term repurchase agreements of $10,054,030.16 (par) is filed with the collateral compliance report prepared by the County Treasurer.

No primary issue securities were purchased. Please see trading reports attached.

No compliance issues for funds managed by Public Trust Advisors.

Collateral compliance is attached separately, as it is checked by the Accounting Department of the Treasurer's Office.

Holdings Summary

% of Total Op

Funds

25.06%

4.84%

0.00%

62.22%

0.00%

2.82%

5.05%

100.00%

Bernalillo County Monthly StatementBernalillo County Liq Op (40455)Month End (M9 Y2019)03/01/2019 - 03/31/2019Dated: 04/08/2019Locked Down

Portfolio Overview (Bernalillo County Liq Op (40455)) 1

Bernco Holdings Summary (Bernalillo County Liq Op (40455)) 2

Bernco Duration (Bernalillo County Liq Op (40455)) 3

Bernco Credit Quality (Bernalillo County Liq Op (40455)) 5

Bernco Performance Summary (Bernalillo County Liq Op (40455)) 7

Bernco Portfolio Shock (Bernalillo County Liq Op (40455)) 8

Bernco Trading Report (Bernalillo County Liq Op (40455)) 10

Table of ContentsDated: 04/08/2019

Index: ICE BofAML 1-Year US Treasury Bill Index.

1: * Pivoted by: Account. 2: * Weighted by: Ending Market Value + Accrued. 3: * Grouped by: Risk Metric.

Balance Sheet SummaryBernalillo County Liq Op

Book Value 132,682,079.90

Accrued Balance 64,940.94

Net Unrealized Gain/Loss 61,219.97

Market Value + Accrued 132,808,240.80

Footnote: 1

Fixed Income Holdings by Market Sector

Net IncomeBernalillo County Liq Op

Ending Current Units 133,631,779.94

Interest Income 90,233.40

Net Amortization/Accretion Income 189,033.47

Net Realized Gain/Loss 0.00

Misc Income 0.00

Expense 0.00

Net Income 279,266.87

Footnotes: 1,2

Index Comparison SummaryRisk Metric Portfolio Index Difference

Duration 0.417 0.974 -0.557

Yield 2.040 2.443 -0.403

Years to Effective Maturity 0.418 0.986 -0.568

Years to Final Maturity 0.418 0.986 -0.568

Average Credit Rating AAA AAA ---

Footnote: 3

Duration

Portfolio Overview Bernalillo County Liq Op (40455)03/01/2019 - 03/31/2019 Return to Table of Contents Dated: 04/08/2019

1

* Weighted by: Market Value + Accrued, except Book Yield by Base Book Value + Accrued. * Holdings Displayed by: Position.

Identifier Description Current Units Security Type FinalMaturity

Original Cost Book Value,Book Yield

Market Value Net UnrealizedGain/Loss

Accrued Balance Market Value +Accrued

Years toEffectiveMaturity

CCYUSD Receivable 17,841,865.81 CASH 03/31/2019 17,841,865.81 17,841,865.810.000

17,841,865.81 0.00 0.00 17,841,865.81 0.000

912828C65 UNITED STATES TREASURY 0.00 US GOV 03/31/2019 0.00 0.001.625

0.00 0.00 0.00 0.00 0.000

94975P405 WELLS FRGO GOVERNMENT CL I MMF 14,914.13 MMFUND 03/31/2019 14,914.13 14,914.132.290

14,914.13 0.00 0.00 14,914.13 0.000

912828W97 UNITED STATES TREASURY 0.00 US GOV 03/31/2019 0.00 0.001.250

0.00 0.00 0.00 0.00 0.000

912828Q52 UNITED STATES TREASURY 10,000,000.00 US GOV 04/15/2019 9,876,757.81 9,995,790.931.980

9,994,030.00 -1,760.93 40,384.62 10,034,414.62 0.041

912796QC6 UNITED STATES TREASURY 2,200,000.00 T-BILL 04/25/2019 2,160,405.06 2,196,767.762.266

2,196,570.20 -197.56 0.00 2,196,570.20 0.068

912796QH5 UNITED STATES TREASURY 10,400,000.00 T-BILL 05/23/2019 10,227,477.29 10,365,495.462.360

10,364,775.20 -720.26 0.00 10,364,775.20 0.145

912796QM4 UNITED STATES TREASURY 10,000,000.00 T-BILL 06/20/2019 9,818,300.00 9,947,333.332.437

9,947,470.00 136.67 0.00 9,947,470.00 0.222

912796QR3 UNITED STATES TREASURY 5,000,000.00 T-BILL 07/18/2019 4,911,585.83 4,962,554.002.567

4,964,580.00 2,026.00 0.00 4,964,580.00 0.298

912796QV4 UNITED STATES TREASURY 5,000,000.00 T-BILL 08/15/2019 4,900,305.39 4,952,090.222.612

4,954,995.00 2,904.78 0.00 4,954,995.00 0.375

912796RA9 UNITED STATES TREASURY 5,000,000.00 T-BILL 09/12/2019 4,898,807.64 4,941,973.612.624

4,946,075.00 4,101.39 0.00 4,946,075.00 0.452

912828F39 UNITED STATES TREASURY 23,500,000.00 US GOV 09/30/2019 23,382,500.00 23,409,920.362.531

23,414,624.50 4,704.14 1,123.63 23,415,748.13 0.501

912796RF8 UNITED STATES TREASURY 5,000,000.00 T-BILL 10/10/2019 4,888,769.86 4,931,986.672.630

4,938,100.00 6,113.33 0.00 4,938,100.00 0.528

912796RM3 UNITED STATES TREASURY 5,000,000.00 T-BILL 11/07/2019 4,876,737.50 4,920,708.332.681

4,928,960.00 8,251.67 0.00 4,928,960.00 0.605

912796RN1 UNITED STATES TREASURY 4,950,000.00 T-BILL 12/05/2019 4,837,146.88 4,866,455.002.527

4,870,804.95 4,349.95 0.00 4,870,804.95 0.682

912828G95 UNITED STATES TREASURY 1,000,000.00 US GOV 12/31/2019 990,156.25 992,614.632.629

993,828.00 1,213.37 4,084.94 997,912.94 0.753

912796RT8 UNITED STATES TREASURY 9,750,000.00 T-BILL 01/02/2020 9,510,762.40 9,565,108.752.555

9,576,021.00 10,912.25 0.00 9,576,021.00 0.758

912796RY7 UNITED STATES TREASURY 5,000,000.00 T-BILL 01/30/2020 4,872,347.22 4,893,388.892.610

4,901,730.00 8,341.11 0.00 4,901,730.00 0.835

912828J50 UNITED STATES TREASURY 5,000,000.00 US GOV 02/29/2020 4,943,164.06 4,948,075.212.533

4,952,345.00 4,269.79 5,978.26 4,958,323.26 0.917

9128283Y4 UNITED STATES TREASURY 5,500,000.00 US GOV 02/29/2020 5,484,746.09 5,486,064.172.533

5,492,267.00 6,202.83 10,760.87 5,503,027.87 0.917

912828W63 UNITED STATES TREASURY 3,475,000.00 US GOV 03/15/2020 3,448,530.27 3,448,972.632.424

3,449,344.08 371.44 2,608.61 3,451,952.69 0.958

--- --- 133,631,779.94 --- 08/31/2019 131,885,279.49 132,682,079.902.144

132,743,299.87 61,219.97 64,940.94 132,808,240.80 0.418

Bernco Holdings Summary Bernalillo County Liq Op (40455)As of 03/31/2019 Return to Table of Contents Dated: 04/08/2019

2

0.00 - 0.25

0.25 - 0.50

Identifier Description Ending Base Current Units Ending EffectiveMaturity

Ending FinalMaturity

Security Type Market Price Yield Duration Moody'sRating,S&P Rating

Base Market Value + Accrued

912796QC6 UNITED STATES TREASURY 2,200,000.00 04/25/2019 04/25/2019 T-BILL 99.8441 2.111 0.074 P-1A-1+

2,196,570.20

912796QH5 UNITED STATES TREASURY 10,400,000.00 05/23/2019 05/23/2019 T-BILL 99.6613 2.255 0.150 P-1A-1+

10,364,775.20

912796QM4 UNITED STATES TREASURY 10,000,000.00 06/20/2019 06/20/2019 T-BILL 99.4747 2.322 0.226 P-1A-1+

9,947,470.00

912828Q52 UNITED STATES TREASURY 5,000,000.00 04/15/2019 04/15/2019 US GOV 99.9403 2.146 0.047 AaaAA+

5,017,207.31


5,017,207.31

94975P405 WELLS FRGO GOVERNMENT CL I MMF 14,914.13 03/31/2019 03/31/2019 MMFUND 1.0000 2.290 0.000 AaaAAAm

14,914.13

CCYUSD Receivable 17,841,865.81 03/31/2019 03/31/2019 CASH 1.0000 0.000 0.000 AaaAAA

17,841,865.81

--- --- 50,456,779.94 05/01/2019 05/01/2019 --- 64.7322 1.442 0.088 AaaAAA

50,400,009.96





912796QR3 UNITED STATES TREASURY 5,000,000.00 07/18/2019 07/18/2019 T-BILL 99.2916 2.346 0.302 P-1A-1+

4,964,580.00

Bernco Duration Bernalillo County Liq Op (40455)Base Currency: USD As of 03/31/2019 Return to Table of Contents Dated: 04/08/2019

3

0.50 - 0.75

0.75 - 1.00

Summary

* Grouped by: Duration. * Groups Sorted by: Duration. * Weighted by: Base Market Value + Accrued.





912796QV4 UNITED STATES TREASURY 5,000,000.00 08/15/2019 08/15/2019 T-BILL 99.0999 2.385 0.377 P-1A-1+

4,954,995.00

912796RA9 UNITED STATES TREASURY 5,000,000.00 09/12/2019 09/12/2019 T-BILL 98.9215 2.383 0.453 P-1A-1+

4,946,075.00

912828F39 UNITED STATES TREASURY 23,500,000.00 09/30/2019 09/30/2019 US GOV 99.6367 2.478 0.495 AaaAA+

23,415,748.13

--- UNITED STATES TREASURY 38,500,000.00 09/12/2019 09/12/2019 --- 99.4301 2.436 0.449 AaaAA+

38,281,398.13





912796RF8 UNITED STATES TREASURY 5,000,000.00 10/10/2019 10/10/2019 T-BILL 98.7620 2.345 0.528 P-1A-1+

4,938,100.00

912796RM3 UNITED STATES TREASURY 5,000,000.00 11/07/2019 11/07/2019 T-BILL 98.5792 2.354 0.605 P-1A-1+

4,928,960.00

912796RN1 UNITED STATES TREASURY 4,950,000.00 12/05/2019 12/05/2019 T-BILL 98.4001 2.357 0.681 P-1A-1+

4,870,804.95

912828G95 UNITED STATES TREASURY 1,000,000.00 12/31/2019 12/31/2019 US GOV 99.3828 2.451 0.744 AaaAA+

997,912.94

--- UNITED STATES TREASURY 15,950,000.00 11/10/2019 11/10/2019 --- 98.6321 2.358 0.613 AaaAAA

15,735,777.89





912796RT8 UNITED STATES TREASURY 5,000,000.00 01/02/2020 01/02/2020 T-BILL 98.2156 2.367 0.757 P-1A-1+

4,910,780.00

912796RT8 UNITED STATES TREASURY 4,750,000.00 01/02/2020 01/02/2020 T-BILL 98.2156 2.367 0.757 P-1A-1+

4,665,241.00

912796RY7 UNITED STATES TREASURY 5,000,000.00 01/30/2020 01/30/2020 T-BILL 98.0346 2.372 0.832 P-1A-1+

4,901,730.00

9128283Y4 UNITED STATES TREASURY 5,500,000.00 02/29/2020 02/29/2020 US GOV 99.8594 2.404 0.905 AaaAA+

5,503,027.87

912828J50 UNITED STATES TREASURY 5,000,000.00 02/29/2020 02/29/2020 US GOV 99.0469 2.427 0.907 AaaAA+

4,958,323.26

912828W63 UNITED STATES TREASURY 3,475,000.00 03/15/2020 03/15/2020 US GOV 99.2617 2.406 0.947 AaaAA+

3,451,952.69

--- UNITED STATES TREASURY 28,725,000.00 02/06/2020 02/06/2020 --- 98.7753 2.390 0.848 AaaAAA

28,391,054.82





--- --- 133,631,779.94 08/31/2019 08/31/2019 --- 86.0279 2.040 0.417 AaaAAA

132,808,240.80

Bernco Duration Bernalillo County Liq Op (40455)Base Currency: USD As of 03/31/2019 Return to Table of Contents Dated: 04/08/2019

4

T-BILL

US GOV

Identifier Description LT Rating Ending Base Current Units Final Maturity Security Type Market Sector Base Market Value + Accrued % of Base MarketValue + Accrued

912796QC6 UNITED STATES TREASURY NA 2,200,000.00 04/25/2019 T-BILL Government 2,196,570.20 1.654%

912796RT8 UNITED STATES TREASURY NA 4,750,000.00 01/02/2020 T-BILL Government 4,665,241.00 3.513%

912796RN1 UNITED STATES TREASURY NA 4,950,000.00 12/05/2019 T-BILL Government 4,870,804.95 3.668%

912796RY7 UNITED STATES TREASURY NA 5,000,000.00 01/30/2020 T-BILL Government 4,901,730.00 3.691%

912796RT8 UNITED STATES TREASURY NA 5,000,000.00 01/02/2020 T-BILL Government 4,910,780.00 3.698%

912796RM3 UNITED STATES TREASURY NA 5,000,000.00 11/07/2019 T-BILL Government 4,928,960.00 3.711%

912796RF8 UNITED STATES TREASURY NA 5,000,000.00 10/10/2019 T-BILL Government 4,938,100.00 3.718%

912796RA9 UNITED STATES TREASURY NA 5,000,000.00 09/12/2019 T-BILL Government 4,946,075.00 3.724%

912796QV4 UNITED STATES TREASURY NA 5,000,000.00 08/15/2019 T-BILL Government 4,954,995.00 3.731%

912796QR3 UNITED STATES TREASURY NA 5,000,000.00 07/18/2019 T-BILL Government 4,964,580.00 3.738%

912796QM4 UNITED STATES TREASURY NA 10,000,000.00 06/20/2019 T-BILL Government 9,947,470.00 7.490%

912796QH5 UNITED STATES TREASURY NA 10,400,000.00 05/23/2019 T-BILL Government 10,364,775.20 7.804%

--- UNITED STATES TREASURY NA 67,300,000.00 09/10/2019 T-BILL Government 66,590,081.35 50.140%


912828G95 UNITED STATES TREASURY AAA 1,000,000.00 12/31/2019 US GOV Government 997,912.94 0.751%

912828W63 UNITED STATES TREASURY AAA 3,475,000.00 03/15/2020 US GOV Government 3,451,952.69 2.599%

912828J50 UNITED STATES TREASURY AAA 5,000,000.00 02/29/2020 US GOV Government 4,958,323.26 3.733%

912828Q52 UNITED STATES TREASURY AAA 5,000,000.00 04/15/2019 US GOV Government 5,017,207.31 3.778%

Bernco Credit Quality Bernalillo County Liq Op (40455)Base Currency: USD As of 03/31/2019 Return to Table of Contents Dated: 04/08/2019

5

CASH

MMFUND

Summary

* Grouped by: Security Type. * Groups Sorted by: Base Market Value + Accrued. * Weighted by: Base Market Value + Accrued.



9128283Y4 UNITED STATES TREASURY AAA 5,500,000.00 02/29/2020 US GOV Government 5,503,027.87 4.144%

912828F39 UNITED STATES TREASURY AAA 23,500,000.00 09/30/2019 US GOV Government 23,415,748.13 17.631%

--- UNITED STATES TREASURY AAA 48,475,000.00 10/12/2019 US GOV Government 48,361,379.51 36.414%


CCYUSD Receivable AAA 17,841,865.81 03/31/2019 CASH Cash 17,841,865.81 13.434%



94975P405 WELLS FRGO GOVERNMENT CL I MMF AAA 14,914.13 03/31/2019 MMFUND Cash 14,914.13 0.011%

94975P405 WELLS FRGO GOVERNMENT CL I MMF AAA 14,914.13 03/31/2019 MMFUND Cash 14,914.13 0.011%


--- --- AAA 133,631,779.94 08/31/2019 --- --- 132,808,240.80 100.000%

Bernco Credit Quality Bernalillo County Liq Op (40455)Base Currency: USD As of 03/31/2019 Return to Table of Contents Dated: 04/08/2019

6

All Fees (includes administrative, management, and trading).

Returns are actual and have not been annualized.

No Tax Adjustment.

Note that data will not exist prior to the performance inception date of: 02/14/2014.

Reported Index Return is always Total Return.

Period Period Begin Period End Total Return, All Fees Income Return, All Fees Price Return, All Fees

Prior Month 02/01/2019 02/28/2019 0.182% 0.181% 0.001%

Prior Quarter 10/01/2018 12/31/2018 0.576% 0.519% 0.057%

Prior Year 07/01/2017 06/30/2018 1.195% 1.261% -0.067%

Trailing Month 03/01/2019 03/31/2019 0.250% 0.205% 0.045%

Trailing Quarter 01/01/2019 03/31/2019 0.643% 0.582% 0.060%

Trailing Year 04/01/2018 03/31/2019 2.151% 1.965% 0.186%

Account Index Index Start Date Index End Date

Bernalillo County Liq Op ICE BofAML 1-Year US Treasury Bill Index 11/30/2007 ---

Bernco Performance Summary Bernalillo County Liq Op (40455)Base Currency: USD As of 03/31/2019 Return to Table of Contents Dated: 04/08/2019

7

Identifier,Description

Security Type Current Units Base Market Value Yield Duration -300 Basis Point Shock,-200 Basis Point Shock,-100 Basis Point Shock

100 Basis Point Shock,200 Basis Point Shock,300 Basis Point Shock

% Change at 100 BasisPoints,% Change at 200 BasisPoints,% Change at 300 BasisPoints

912796QC6UNITED STATES TREASURY

T-BILL 2,200,000.00 2,196,570.20 2.111 0.074 2,199,994.712,199,814.902,198,192.54

2,194,947.882,193,325.592,191,703.33

-0.074%-0.148%-0.222%

912796QH5UNITED STATES TREASURY

T-BILL 10,400,000.00 10,364,775.20 2.255 0.150 10,399,881.8810,395,906.6510,380,340.69

10,349,210.1810,333,645.6210,318,081.54

-0.150%-0.300%-0.451%

912796QM4UNITED STATES TREASURY

T-BILL 10,000,000.00 9,947,470.00 2.322 0.226 9,999,726.809,992,474.949,969,971.96

9,924,969.069,902,469.149,879,970.23

-0.226%-0.452%-0.679%

912796QR3UNITED STATES TREASURY

T-BILL 5,000,000.00 4,964,580.00 2.346 0.302 4,999,751.584,994,563.434,979,571.26

4,949,589.644,934,600.194,919,611.64

-0.302%-0.604%-0.906%

912796QV4UNITED STATES TREASURY

T-BILL 5,000,000.00 4,954,995.00 2.385 0.377 4,999,598.924,992,397.544,973,695.57

4,936,295.844,917,598.104,898,901.77

-0.377%-0.755%-1.132%

912796RA9UNITED STATES TREASURY

T-BILL 5,000,000.00 4,946,075.00 2.383 0.453 4,999,424.174,990,850.904,968,461.94

4,923,690.094,901,307.214,878,926.35

-0.453%-0.905%-1.358%

912796RF8UNITED STATES TREASURY

T-BILL 5,000,000.00 4,938,100.00 2.345 0.528 4,999,293.714,990,298.654,964,196.75

4,912,008.384,885,921.914,859,840.57

-0.528%-1.057%-1.585%

912796RM3UNITED STATES TREASURY

T-BILL 5,000,000.00 4,928,960.00 2.354 0.605 4,999,155.884,988,597.394,958,775.84

4,899,149.884,869,345.484,839,546.80

-0.605%-1.209%-1.814%

912796RN1UNITED STATES TREASURY

T-BILL 4,950,000.00 4,870,804.95 2.357 0.681 4,948,999.844,937,159.704,903,979.25

4,837,636.804,804,474.804,771,318.95

-0.681%-1.362%-2.042%

912796RT8UNITED STATES TREASURY

T-BILL 9,750,000.00 9,576,021.00 2.367 0.757 9,747,628.309,721,006.789,648,507.45

9,503,547.449,431,086.779,358,638.99

-0.757%-1.514%-2.270%

912796RY7UNITED STATES TREASURY

T-BILL 5,000,000.00 4,901,730.00 2.372 0.832 4,998,549.194,983,357.344,942,540.22

4,860,926.684,820,130.264,779,340.73

-0.832%-1.665%-2.497%

9128283Y4UNITED STATES TREASURY

US GOV 5,500,000.00 5,492,267.00 2.404 0.905 5,611,758.045,591,663.805,541,961.92

5,442,579.055,392,898.065,343,224.04

-0.905%-1.809%-2.714%

912828F39UNITED STATES TREASURY

US GOV 23,500,000.00 23,414,624.50 2.478 0.495 23,701,818.0523,646,456.9523,530,534.97

23,298,725.5423,182,838.0923,066,962.15

-0.495%-0.990%-1.485%

912828G95UNITED STATES TREASURY

US GOV 1,000,000.00 993,828.00 2.451 0.744 1,011,949.941,008,612.911,001,220.00

986,436.92979,046.76971,657.51

-0.744%-1.487%-2.231%

912828J50UNITED STATES TREASURY

US GOV 5,000,000.00 4,952,345.00 2.427 0.907 5,061,345.725,042,169.444,997,254.07

4,907,442.234,862,545.754,817,655.57

-0.907%-1.813%-2.720%

912828Q52UNITED STATES TREASURY

US GOV 10,000,000.00 9,994,030.00 2.146 0.047 10,004,036.8610,003,355.82

9,998,692.89

9,989,367.159,984,704.359,980,041.59

-0.047%-0.093%-0.140%

912828W63UNITED STATES TREASURY

US GOV 3,475,000.00 3,449,344.08 2.406 0.947 3,527,899.933,514,651.383,481,995.37

3,416,697.493,384,055.613,351,418.44

-0.946%-1.893%-2.839%

94975P405WELLS FRGO GOVERNMENT CL I MMF

MMFUND 14,914.13 14,914.13 2.290 0.000 14,914.1314,914.1314,914.13

14,914.1314,914.1314,914.13

0.000%0.000%0.000%

CCYUSDReceivable

CASH 17,841,865.81 17,841,865.81 0.000 0.000 17,841,865.8117,841,865.8117,841,865.81

17,841,865.8117,841,865.8117,841,865.81

0.000%0.000%0.000%

------

--- 133,631,779.94 132,743,299.87 2.040 0.417 134,067,593.47133,850,118.47133,296,672.62

132,190,000.20131,636,773.62131,083,620.14

-0.417%-0.834%-1.250%

Bernco Portfolio Shock Bernalillo County Liq Op (40455)Base Currency: USD As of 03/31/2019 Return to Table of Contents Dated: 04/08/2019

8

* Weighted by: Ending Base Market Value + Accrued.

*The shock analysis includes a yield floor of 0.

Bernco Portfolio Shock Bernalillo County Liq Op (40455)Base Currency: USD As of 03/31/2019 Return to Table of Contents Dated: 04/08/2019

9

* Does not Lock Down.

* Showing transactions with Trade Date within selected date range. * Weighted by: Absolute Value of Principal. * MMF transactions are collapsed.

* The Transaction Detail/Trading Activity reports provide our most up-to-date transactional details. As such, these reports are subject to change even after the other reports on the website have been locked down. While these reports can be useful tools in understanding recent activity,

due to their dynamic nature we do not recommend using them for booking journal entries or reconciliation.

Identifier Description,Final Maturity

Transaction Type Trade Date,Settle Date

Broker/Dealer Price Principal Realized Gain/Loss

313384DM8 FEDERAL HOME LOAN BANKS03/25/2019

Maturity 03/25/201903/25/2019

Maturity 100.000 -3,400,000.00 0.00

912828C65 UNITED STATES TREASURY03/31/2019

Maturity 03/31/201903/31/2019

Maturity 100.000 -10,000,000.00 0.00

912828W63 UNITED STATES TREASURY03/15/2020

Buy 03/25/201903/26/2019

WELLS FARGO SECURITIES LLC 99.238 3,448,530.27 0.00


Maturity 03/31/201903/31/2019

Maturity 100.000 -7,500,000.00 0.00

94975P405 WELLS FRGO GOVERNMENT CL I MMF03/31/2019

Buy ------

Direct 1.000 3,423,649.75 0.00


Sell ------

Direct 1.000 -12,450,218.19 0.00

--- ---04/30/2019

--- ------

--- --- -26,478,038.17 0.00

Bernco Trading Report Bernalillo County Liq Op (40455)03/01/2019 - 03/31/2019 Return to Table of Contents Dated: 04/08/2019

10

Bernalillo County Monthly StatementBernalillo County Core Op (100255)Month End (M9 Y2019)03/01/2019 - 03/31/2019Dated: 04/08/2019Locked Down

Portfolio Overview (Bernalillo County Core Op (100255)) 1

Bernco Holdings Summary (Bernalillo County Core Op (100255)) 2

Bernco Duration (Bernalillo County Core Op (100255)) 3

Bernco Credit Quality (Bernalillo County Core Op (100255)) 6

Bernco Performance Summary (Bernalillo County Core Op (100255)) 8

Bernco Portfolio Shock (Bernalillo County Core Op (100255)) 9

Bernco Trading Report (Bernalillo County Core Op (100255)) 11


Index: ICE BofAML Unsubordinated U.S. Treasuries/Agencies 1-3 Yrs.


Balance Sheet SummaryBernalillo County Core Op

Book Value 106,595,893.93


Net Unrealized Gain/Loss -17,785.40


Footnote: 1


Net IncomeBernalillo County Core Op





Misc Income 0.00

Expense 0.00


Footnotes: 1,2


Duration 1.210 1.865 -0.655

Yield 2.375 2.317 0.058




Footnote: 3

Duration

Portfolio Overview Bernalillo County Core Op (100255)03/01/2019 - 03/31/2019 Return to Table of Contents Dated: 04/08/2019

1







CCYUSD Receivable 83,139.82 CASH 03/31/2019 83,139.82 83,139.820.000

83,139.82 0.00 0.00 83,139.82 0.000

94975P405 WELLS FRGO GOVERNMENT CL I MMF 1,012,762.74 MMFUND 03/31/2019 1,012,762.74 1,012,762.742.290

1,012,762.74 0.00 0.00 1,012,762.74 0.000

912828S43 UNITED STATES TREASURY 5,000,000.00 US GOV 07/15/2019 4,986,328.13 4,998,567.660.849

4,974,805.00 -23,762.66 7,872.93 4,982,677.93 0.290

9128282B5 UNITED STATES TREASURY 5,025,000.00 US GOV 08/15/2019 5,005,763.67 5,022,468.950.885

4,992,221.92 -30,247.02 4,684.91 4,996,906.84 0.375

9128282G4 UNITED STATES TREASURY 5,000,000.00 US GOV 09/15/2019 4,984,179.69 4,997,488.190.986

4,964,845.00 -32,643.19 2,021.06 4,966,866.06 0.460

912828T59 UNITED STATES TREASURY 5,000,000.00 US GOV 10/15/2019 4,997,460.94 4,999,535.611.017

4,960,740.00 -38,795.61 23,076.92 4,983,816.92 0.542

912828U32 UNITED STATES TREASURY 5,000,000.00 US GOV 11/15/2019 4,959,765.63 4,991,533.351.275

4,954,885.00 -36,648.35 18,922.65 4,973,807.65 0.627


4,962,890.00 -33,171.63 20,209.48 4,983,099.48 0.709


4,969,140.00 -36,055.39 20,424.72 4,989,564.72 0.753


2,995,782.00 986.53 5,869.57 3,001,651.57 0.917

9128284C1 UNITED STATES TREASURY 5,000,000.00 US GOV 03/31/2020 4,981,445.31 4,989,874.822.457

4,991,600.00 1,725.18 307.38 4,991,907.38 1.000

912828X21 UNITED STATES TREASURY 5,000,000.00 US GOV 04/15/2020 4,911,523.44 4,950,651.802.469

4,953,905.00 3,253.20 34,615.38 4,988,520.38 1.041

912828ND8 UNITED STATES TREASURY 5,225,000.00 US GOV 05/15/2020 5,364,605.47 5,296,058.082.265

5,287,658.20 -8,399.88 69,209.60 5,356,867.80 1.123

912828VP2 UNITED STATES TREASURY 4,800,000.00 US GOV 07/31/2020 4,756,312.50 4,775,035.302.399

4,776,748.80 1,713.50 15,911.60 4,792,660.40 1.334

912828NT3 UNITED STATES TREASURY 2,500,000.00 US GOV 08/15/2020 2,516,015.63 2,509,142.402.353

2,508,300.00 -842.40 8,157.80 2,516,457.80 1.375

912828VV9 UNITED STATES TREASURY 3,250,000.00 US GOV 08/31/2020 3,221,308.59 3,231,874.862.529

3,239,336.75 7,461.89 6,005.43 3,245,342.18 1.419

912828VZ0 UNITED STATES TREASURY 2,500,000.00 US GOV 09/30/2020 2,476,660.16 2,486,204.582.377

2,486,817.50 612.92 136.61 2,486,954.11 1.501

912828PC8 UNITED STATES TREASURY 5,000,000.00 US GOV 11/15/2020 5,015,234.38 5,009,747.182.502

5,021,875.00 12,127.82 49,671.96 5,071,546.96 1.627

912828A42 UNITED STATES TREASURY 5,000,000.00 US GOV 11/30/2020 4,918,554.69 4,941,445.212.725

4,972,070.00 30,624.79 33,516.48 5,005,586.48 1.668

912828N48 UNITED STATES TREASURY 4,975,000.00 US GOV 12/31/2020 4,973,833.98 4,974,371.771.757

4,926,026.10 -48,345.67 21,885.88 4,947,911.98 1.753

912828A83 UNITED STATES TREASURY 5,000,000.00 US GOV 12/31/2020 4,975,000.00 4,982,975.652.575

5,004,100.00 21,124.35 29,851.52 5,033,951.52 1.753

9128284B3 UNITED STATES TREASURY 5,000,000.00 US GOV 03/15/2021 4,983,593.75 4,989,112.802.490

5,008,400.00 19,287.20 5,485.73 5,013,885.73 1.956


4,007,032.00 24,877.69 43,846.15 4,050,878.15 2.041


5,240,830.40 71,829.89 28,657.46 5,269,487.86 2.290

912828RC6 UNITED STATES TREASURY 5,300,000.00 US GOV 08/15/2021 5,187,375.00 5,206,695.882.897

5,282,197.30 75,501.42 14,000.35 5,296,197.65 2.375

--- --- 106,870,902.56 --- 06/26/2020 106,438,902.58 106,595,893.932.045

106,578,108.53 -17,785.40 464,341.59 107,042,450.12 1.240

Bernco Holdings Summary Bernalillo County Core Op (100255)As of 03/31/2019 Return to Table of Contents Dated: 04/08/2019

2

0.00 - 0.25

0.25 - 0.50

0.50 - 0.75





94975P405 WELLS FRGO GOVERNMENT CL I MMF 1,012,762.74 03/31/2019 03/31/2019 MMFUND 1.0000 2.290 0.000 AaaAAAm

1,012,762.74

CCYUSD Receivable 83,139.82 03/31/2019 03/31/2019 CASH 1.0000 0.000 0.000 AaaAAA

83,139.82

--- --- 1,095,902.56 03/31/2019 03/31/2019 --- 1.0000 2.116 0.000 AaaAAA

1,095,902.56





9128282B5 UNITED STATES TREASURY 5,025,000.00 08/15/2019 08/15/2019 US GOV 99.3477 2.463 0.380 AaaAA+

4,996,906.84


4,966,866.06

912828S43 UNITED STATES TREASURY 5,000,000.00 07/15/2019 07/15/2019 US GOV 99.4961 2.448 0.296 AaaAA+

4,982,677.93

--- UNITED STATES TREASURY 15,025,000.00 08/15/2019 08/15/2019 US GOV 99.3803 2.441 0.378 AaaAA+

14,946,450.82

Bernco Duration Bernalillo County Core Op (100255)Base Currency: USD As of 03/31/2019 Return to Table of Contents Dated: 04/08/2019

3

0.75 - 1.00

1.00 - 2.00

2.00 - 3.00






4,989,564.72

912828T59 UNITED STATES TREASURY 5,000,000.00 10/15/2019 10/15/2019 US GOV 99.2148 2.454 0.538 AaaAA+

4,983,816.92

912828U32 UNITED STATES TREASURY 5,000,000.00 11/15/2019 11/15/2019 US GOV 99.0977 2.452 0.620 AaaAA+

4,973,807.65


4,983,099.48


19,930,288.78






3,001,651.57

9128284C1 UNITED STATES TREASURY 5,000,000.00 03/31/2020 03/31/2020 US GOV 99.8320 2.420 0.977 AaaAA+

4,991,907.38


7,993,558.94





9128284B3 UNITED STATES TREASURY 5,000,000.00 03/15/2021 03/15/2021 US GOV 100.1680 2.287 1.905 AaaAA+

5,013,885.73


4,050,878.15

912828A42 UNITED STATES TREASURY 5,000,000.00 11/30/2020 11/30/2020 US GOV 99.4414 2.342 1.624 AaaAA+

5,005,586.48

912828A83 UNITED STATES TREASURY 5,000,000.00 12/31/2020 12/31/2020 US GOV 100.0820 2.326 1.702 AaaAA+

5,033,951.52

912828N48 UNITED STATES TREASURY 4,975,000.00 12/31/2020 12/31/2020 US GOV 99.0156 2.324 1.711 AaaAA+

4,947,911.98

912828ND8 UNITED STATES TREASURY 5,225,000.00 05/15/2020 05/15/2020 US GOV 101.1992 2.416 1.091 AaaAA+

5,356,867.80

912828NT3 UNITED STATES TREASURY 2,500,000.00 08/15/2020 08/15/2020 US GOV 100.3320 2.379 1.349 AaaAA+

2,516,457.80

912828PC8 UNITED STATES TREASURY 5,000,000.00 11/15/2020 11/15/2020 US GOV 100.4375 2.349 1.573 AaaAA+

5,071,546.96

912828VP2 UNITED STATES TREASURY 4,800,000.00 07/31/2020 07/31/2020 US GOV 99.5156 2.368 1.312 AaaAA+

4,792,660.40

912828VV9 UNITED STATES TREASURY 3,250,000.00 08/31/2020 08/31/2020 US GOV 99.6719 2.361 1.389 AaaAA+

3,245,342.18

912828VZ0 UNITED STATES TREASURY 2,500,000.00 09/30/2020 09/30/2020 US GOV 99.4727 2.359 1.459 AaaAA+

2,486,954.11

912828X21 UNITED STATES TREASURY 5,000,000.00 04/15/2020 04/15/2020 US GOV 99.0781 2.397 1.023 AaaAA+

4,988,520.38


52,510,563.52


4

Summary






912828RC6 UNITED STATES TREASURY 5,300,000.00 08/15/2021 08/15/2021 US GOV 99.6641 2.270 2.306 AaaAA+

5,296,197.65


5,269,487.86


10,565,685.50





--- --- 106,870,902.56 06/26/2020 06/26/2020 --- 98.7168 2.375 1.210 AaaAA+

107,042,450.12


5

US GOVIdentifier Description LT Rating Ending Base Current Units Final Maturity Security Type Market Sector Base Market Value + Accrued % of Base Market

Value + Accrued

912828VZ0 UNITED STATES TREASURY AAA 2,500,000.00 09/30/2020 US GOV Government 2,486,954.11 2.323%

912828NT3 UNITED STATES TREASURY AAA 2,500,000.00 08/15/2020 US GOV Government 2,516,457.80 2.351%


912828VV9 UNITED STATES TREASURY AAA 3,250,000.00 08/31/2020 US GOV Government 3,245,342.18 3.032%

9128284G2 UNITED STATES TREASURY AAA 4,000,000.00 04/15/2021 US GOV Government 4,050,878.15 3.784%

912828VP2 UNITED STATES TREASURY AAA 4,800,000.00 07/31/2020 US GOV Government 4,792,660.40 4.477%

912828N48 UNITED STATES TREASURY AAA 4,975,000.00 12/31/2020 US GOV Government 4,947,911.98 4.622%


912828U32 UNITED STATES TREASURY AAA 5,000,000.00 11/15/2019 US GOV Government 4,973,807.65 4.647%

912828S43 UNITED STATES TREASURY AAA 5,000,000.00 07/15/2019 US GOV Government 4,982,677.93 4.655%


912828T59 UNITED STATES TREASURY AAA 5,000,000.00 10/15/2019 US GOV Government 4,983,816.92 4.656%

912828X21 UNITED STATES TREASURY AAA 5,000,000.00 04/15/2020 US GOV Government 4,988,520.38 4.660%


9128284C1 UNITED STATES TREASURY AAA 5,000,000.00 03/31/2020 US GOV Government 4,991,907.38 4.663%

9128282B5 UNITED STATES TREASURY AAA 5,025,000.00 08/15/2019 US GOV Government 4,996,906.84 4.668%

912828A42 UNITED STATES TREASURY AAA 5,000,000.00 11/30/2020 US GOV Government 5,005,586.48 4.676%

9128284B3 UNITED STATES TREASURY AAA 5,000,000.00 03/15/2021 US GOV Government 5,013,885.73 4.684%

912828A83 UNITED STATES TREASURY AAA 5,000,000.00 12/31/2020 US GOV Government 5,033,951.52 4.703%

912828PC8 UNITED STATES TREASURY AAA 5,000,000.00 11/15/2020 US GOV Government 5,071,546.96 4.738%


912828RC6 UNITED STATES TREASURY AAA 5,300,000.00 08/15/2021 US GOV Government 5,296,197.65 4.948%

Bernco Credit Quality Bernalillo County Core Op (100255)Base Currency: USD As of 03/31/2019 Return to Table of Contents Dated: 04/08/2019

6

MMFUND

CASH

Summary



912828ND8 UNITED STATES TREASURY AAA 5,225,000.00 05/15/2020 US GOV Government 5,356,867.80 5.004%



94975P405 WELLS FRGO GOVERNMENT CL I MMF AAA 1,012,762.74 03/31/2019 MMFUND Cash 1,012,762.74 0.946%



CCYUSD Receivable AAA 83,139.82 03/31/2019 CASH Cash 83,139.82 0.078%

CCYUSD Receivable AAA 83,139.82 03/31/2019 CASH Cash 83,139.82 0.078%


--- --- AAA 106,870,902.56 06/26/2020 --- --- 107,042,450.12 100.000%

Bernco Credit Quality Bernalillo County Core Op (100255)Base Currency: USD As of 03/31/2019 Return to Table of Contents Dated: 04/08/2019

7



No Tax Adjustment.




Prior Month 02/01/2019 02/28/2019 0.137% 0.157% -0.021%

Prior Quarter 10/01/2018 12/31/2018 1.098% 0.518% 0.580%

Prior Year 07/01/2017 06/30/2018 --- --- ---

Trailing Month 03/01/2019 03/31/2019 0.439% 0.174% 0.265%


Trailing Year 04/01/2018 03/31/2019 2.486% 1.900% 0.586%


Bernalillo County Core Op ICE BofAML Unsubordinated U.S. Treasuries/Agencies 1-3 Yrs 03/25/2004 ---

Bernco Performance Summary Bernalillo County Core Op (100255)Base Currency: USD As of 03/31/2019 Return to Table of Contents Dated: 04/08/2019

8





9128282B5UNITED STATES TREASURY

US GOV 5,025,000.00 4,992,221.92 2.463 0.380 5,038,991.975,030,203.735,011,212.11

4,973,233.194,954,245.904,935,260.05

-0.380%-0.761%-1.141%


US GOV 5,000,000.00 4,964,845.00 2.413 0.457 5,019,587.885,010,214.274,987,528.60

4,942,163.474,919,484.024,896,806.63

-0.457%-0.914%-1.370%


US GOV 3,000,000.00 2,995,782.00 2.404 0.905 3,060,958.933,049,998.443,022,888.32

2,968,679.482,941,580.762,914,485.84

-0.905%-1.809%-2.714%

9128284B3UNITED STATES TREASURY

US GOV 5,000,000.00 5,008,400.00 2.287 1.905 5,226,665.885,199,293.765,103,835.33

4,912,987.764,817,598.614,722,232.55

-1.905%-3.810%-5.714%

9128284C1UNITED STATES TREASURY

US GOV 5,000,000.00 4,991,600.00 2.420 0.977 5,109,645.295,089,152.745,040,372.75

4,942,834.494,894,076.224,845,325.20

-0.977%-1.954%-2.930%


US GOV 4,000,000.00 4,007,032.00 2.286 1.966 4,187,222.424,164,652.414,085,832.34

3,928,251.373,849,490.463,770,749.26

-1.966%-3.932%-5.897%

912828A42UNITED STATES TREASURY

US GOV 5,000,000.00 4,972,070.00 2.342 1.624 5,161,244.105,133,640.815,052,846.77

4,891,310.514,810,568.294,729,843.35

-1.624%-3.248%-4.872%

912828A83UNITED STATES TREASURY

US GOV 5,000,000.00 5,004,100.00 2.326 1.702 5,202,286.845,174,496.955,089,289.02

4,918,929.884,833,778.674,748,646.35

-1.702%-3.404%-5.105%


US GOV 5,000,000.00 4,969,140.00 2.451 0.744 5,059,749.685,043,064.545,006,099.98

4,932,184.614,895,233.804,858,287.57

-0.744%-1.487%-2.231%

912828N48UNITED STATES TREASURY

US GOV 4,975,000.00 4,926,026.10 2.324 1.711 5,121,979.275,094,630.285,010,318.83

4,841,752.104,757,496.844,673,260.30

-1.711%-3.421%-5.131%

912828ND8UNITED STATES TREASURY

US GOV 5,225,000.00 5,287,658.20 2.416 1.091 5,427,079.135,403,077.045,345,363.00

5,229,962.665,172,276.375,114,599.33

-1.091%-2.182%-3.273%

912828NT3UNITED STATES TREASURY

US GOV 2,500,000.00 2,508,300.00 2.379 1.349 2,588,783.442,575,967.812,542,130.77

2,474,475.502,440,657.282,406,845.33

-1.349%-2.697%-4.045%

912828PC8UNITED STATES TREASURY

US GOV 5,000,000.00 5,021,875.00 2.349 1.573 5,207,463.595,179,891.175,100,874.81

4,942,891.734,863,925.004,784,974.81

-1.573%-3.145%-4.717%

912828RC6UNITED STATES TREASURY

US GOV 5,300,000.00 5,282,197.30 2.270 2.306 5,558,760.935,525,847.655,404,005.23

5,160,423.865,038,684.924,916,980.47

-2.305%-4.610%-6.914%

912828S43UNITED STATES TREASURY

US GOV 5,000,000.00 4,974,805.00 2.448 0.296 5,010,871.895,004,275.474,989,539.80

4,960,071.074,945,338.024,930,605.83

-0.296%-0.592%-0.888%

912828T59UNITED STATES TREASURY

US GOV 5,000,000.00 4,960,740.00 2.454 0.538 5,026,199.775,014,083.484,987,410.36

4,934,072.404,907,407.554,880,745.46

-0.538%-1.075%-1.613%

912828U32UNITED STATES TREASURY

US GOV 5,000,000.00 4,954,885.00 2.452 0.620 5,030,173.765,016,305.914,985,593.74

4,924,179.684,893,477.794,862,779.33

-0.620%-1.239%-1.859%


US GOV 5,000,000.00 4,962,890.00 2.428 0.702 5,047,530.945,032,609.874,997,747.85

4,928,036.334,893,186.844,858,341.53

-0.702%-1.404%-2.107%

912828VP2UNITED STATES TREASURY

US GOV 4,800,000.00 4,776,748.80 2.368 1.312 4,925,187.294,902,128.784,839,433.10

4,714,075.884,651,414.344,588,764.17

-1.312%-2.624%-3.935%

912828VV9UNITED STATES TREASURY

US GOV 3,250,000.00 3,239,336.75 2.361 1.389 3,345,574.973,329,346.213,284,337.22

3,194,344.793,149,361.353,104,386.42

-1.389%-2.778%-4.166%

Bernco Portfolio Shock Bernalillo County Core Op (100255)Base Currency: USD As of 03/31/2019 Return to Table of Contents Dated: 04/08/2019

9







912828VZ0UNITED STATES TREASURY

US GOV 2,500,000.00 2,486,817.50 2.359 1.459 2,572,391.352,559,380.562,523,095.45

2,450,546.722,414,283.102,378,026.65

-1.459%-2.917%-4.375%

912828X21UNITED STATES TREASURY

US GOV 5,000,000.00 4,953,905.00 2.397 1.023 5,075,417.395,055,299.255,004,598.26

4,903,219.484,852,541.694,801,871.64

-1.023%-2.046%-3.069%


US GOV 5,200,000.00 5,240,830.40 2.272 2.210 5,503,973.295,472,499.385,356,649.00

5,125,043.585,009,288.554,893,565.30

-2.209%-4.418%-6.626%


MMFUND 1,012,762.74 1,012,762.74 2.290 0.000 1,012,762.741,012,762.741,012,762.74

1,012,762.741,012,762.741,012,762.74

0.000%0.000%0.000%

CCYUSDReceivable

CASH 83,139.82 83,139.82 0.000 0.000 83,139.8283,139.8283,139.82

83,139.8283,139.8283,139.82

0.000%0.000%0.000%

------

--- 106,870,902.56 106,578,108.53 2.375 1.210 109,603,642.59109,155,963.08107,866,905.19

105,289,573.11104,001,298.91102,713,285.95

-1.209%-2.418%-3.626%

Bernco Portfolio Shock Bernalillo County Core Op (100255)Base Currency: USD As of 03/31/2019 Return to Table of Contents Dated: 04/08/2019

10









Buy ------

Direct 1.000 82,659.34 0.00


Buy ------

Direct 1.000 82,659.34 0.00

Bernco Trading Report Bernalillo County Core Op (100255)03/01/2019 - 03/31/2019 Return to Table of Contents Dated: 04/08/2019

11

Additional Disclosure:

The information on this website is for general purposes only and is not intended to provide specific advice or recommendations. All information presented on this website is obtained via electronic data transfer from theCustodian. While this information is reconciled on a daily basis, when available, accuracy is relied upon from the Custodian. Please review the data carefully. Should you have any questions regarding the informationpresented, calculation methodology, investment portfolio or security detail, or any other facet of the data, please feel free to contact us.

This data is intended to detail our investment advisory activity as well as the activity of any client accounts managed by Public Trust Advisors, LLC (Public Trust). The custodian bank maintains the control of assets andexecutes and settles all investment transactions. The custodian statement is the official record of security and cash holdings transactions. Public Trust recognizes that clients may use these reports to facilitate record keeping;therefore it is recommended that the client reconcile this statement with their custodian bank statement. Many custodians use a settlement date basis which may result in the need to reconcile due to a timing difference.Please contact your relationship manager or call our toll free number 855-395-3954 with questions regarding your account.

Public Trust does not have the authority to withdraw funds from or deposit funds to the custodian. Our clients retain responsibility for their internal accounting policies; implementing and enforcing internal controls andgenerating ledger entries or otherwise recording transactions.

Pricing sources from our reporting platform are provided by Clearwater Analytics®. Clearwater utilizes a hierarchical pricing model with multiple options for pricing sources. These options include custodial pricing, S&P CapitalIQ and other sources. Since multiple pricing hierarchies are offered through Clearwater Analytics, and client preferences regarding pricing sources may differ, it is important to verify the specific pricing hierarchy for eachportfolio. Securities with short maturities and infrequent secondary market trades are typically priced via mathematical calculations. The securities in this investment portfolio, including shares of mutual funds, are notguaranteed or otherwise protected by Public Trust, the FDIC (except for certain non-negotiable certificates of deposit) or any government agency, unless otherwise specifically stated. Investing involves risk, including thepossible loss of principal.

Past performance is not an indicator of future performance or results.

Public Trust statements present beginning and ending balances and are based on Market Value plus accrued interest on a Trade Date basis. Customized reports made available to the end user either from Public Trust orthrough the online reporting platform may present information and portfolio analytics using various optional methods including, but not limited to, historical cost, amortized cost, and market value. Custom reports may also differfrom the information received from the custodian as a result of additional formulas and filters created based on end user preferences.

The investment advisor providing these services is Public Trust Advisors, LLC, an investment adviser registered with the U.S. Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940, asamended. Registration with the SEC does not imply a certain level of skill or training. Public Trust is required to maintain a written disclosure brochure of our background and business experience. If you would like to receive acopy of our current disclosure brochure, privacy policy, or code of ethics please contact us at the address below.

Public Trust Advisors

717 17th St. Suite 1850

Denver, CO 80202

Bernalillo County Accounting DepartmentFY2019 Operating & Core Cash Flow Forecast Report

As of: 4/12/2019Operating Beginning Cash Balances July August September October November December January February March April May JuneTreasurer's General (101100) 594,340$ 174,319$ 79,014$ 35,378$ 203,087$ 4,699,802$ 718,835$ 108,422$ 731,840$ 696,364$ -$ -$ Treasurer's General Overnight Investment (101108) 3,124,556 4,827,871 9,513,130 5,707,849 3,059,626 4,918,187 5,667,448 23,931,983 14,658,294 7,021,066 - - Wells Fargo Savings (101150) 9,193,819 1,030,848 3,679,458 5,460,305 526,527 192,771 192,802 192,802 192,835 4 - - Bank of the West Savings (101170) 95,615,701 95,747,590 75,889,992 76,008,577 66,125,957 99,125,957 99,447,032 99,645,385 88,820,891 88,820,891 - - Operating Money Market Account (101800) 10,431,735 15,136,300 20,268,441 10,290,789 28,470,786 49,071,306 30,048,397 41,823,911 9,041,483 17,514,914 - - Core Money Market Account (101810) 101,036 329,867 450,218 14,113 205,968 438,297 616,718 752,565 930,103 1,012,763 - - Highly Liquid Money Market Account (101830) 9,000,000 NM LGIP (111140) 22 22 22 22 22 73,000,022 75,916 75,916 10,167,629 17,187,847 - - Lockbox Account (181105) - - - - - 607,590 - - - - - -

Total Beginning Cash Balances 119,061,209 117,246,817 109,880,275 97,517,033 98,591,973 232,053,931 136,767,148 166,530,985 124,543,075 141,253,849 188,935,288 305,976,886

Operating & Core Inflows July August September October November December January February March April May JuneProperty Tax (411110-411535) 1,678,607 713,916 554,296 510,044 30,542,578 57,405,324 2,228,611 1,950,686 2,586,868 15,571,102 40,631,476 3,384,172 1% Appraisal Fee (411540) 46,403 20,725 14,033 12,665 1,239,942 2,423,917 80,964 68,282 94,845 581,372 1,558,014 94,199 Gross Receipts Tax Except Behavioral Health (412100-412200) 15,545,635 14,389,882 13,492,160 18,143,980 14,127,345 13,933,689 13,497,913 14,448,903 13,460,816 12,202,284 13,958,569 12,669,774 Behavioral Health Gross Receipts Tax (412100-412200) 1,845,900 1,882,877 1,778,057 1,900,604 1,859,034 1,847,046 1,787,714 1,903,458 1,772,907 1,725,826 2,012,581 1,827,021 Motor Vehicle Tax (413100-413200) 369,878 - 739,112 353,561 - 350,236 626,444 318,937 389,874 472,655 326,141 Gasoline Tax (415100-415200) 141,284 127,718 147,651 123,714 150,466 140,518 131,090 130,986 129,089 128,042 151,015 141,351 Departmental Revenues 5,000,717 5,323,713 6,300,797 5,541,970 7,239,894 6,897,339 4,488,555 7,660,337 8,657,139 3,226,096 4,259,644 4,656,327 Operating & Core Investment Income(241350 and 124100 only credits) 613,753 386,122 226,087 819,799 471,700 297,140 217,304 553,408 331,907 807,948 348,200 163,575 Transfers In From Bond Proceeds Portfolio 1,336,207 3,147,983 3,280,069 1,065,780 2,666,076 1,379,907 141,657 2,708,736 1,048,932 2,550,000 3,450,000 3,150,000

Sub-Total: Inflows 26,578,384 25,992,936 26,532,262 28,472,117 58,297,034 84,675,116 22,573,809 30,051,241 28,401,440 37,182,545 66,842,154 26,412,560 Regional Transit (241101 JV) 1,978,918 1,902,002 1,796,373 1,920,059 1,887,163 1,855,660 1,803,313 1,924,115 1,802,842 1,593,241 1,853,806 1,651,230 Agency Property Tax Collections (Agency fund 201030) 4,008,116 1,862,931 1,223,539 1,131,005 104,698,767 206,785,372 6,941,270 5,784,670 5,529,799 51,838,055 139,649,803 8,475,817

Total Inflows 32,565,418 29,757,869 29,552,174 31,523,180 164,882,964 293,316,147 31,318,392 37,760,026 35,734,080 90,613,841 208,345,763 36,539,607

Operating & Core Outflows July August September October November December January February March April May JunePayroll Related (101405 & 101355 - ZT) 13,820,836 12,354,957 13,763,033 15,563,409 14,340,083 12,203,665 12,731,686 12,447,448 14,270,619 13,786,438 15,565,228 17,285,726 Warrants Cleared (101300) 15,872,621 15,829,043 14,234,683 16,578,396 11,768,194 13,415,406 17,072,269 20,409,941 15,073,441 21,763,608 21,541,826 17,543,153 Bond Principal & Intererst (561101,562201) - 13,792,382 - 5,517,639 - 2,113,192 - 3,572,904 - 7,596,264 - 5,082,598 Property Tax Refunds (101102 - EB) 153,582 110,429 250,966 302,914 131,627 17,698 422,942 491,654 213,351 157,077 499,479 189,217

Sub-Total: Outflows 29,847,031 42,086,804 28,248,676 37,962,354 26,239,900 27,749,958 30,226,895 36,921,947 29,557,411 43,303,387 37,606,533 40,100,695 Regional Transit (241101) 1,978,918 1,902,002 1,796,373 1,920,059 1,887,163 1,855,660 1,803,313 1,924,115 1,802,842 1,593,241 1,853,806 1,651,230 CYFD (241100 VM) 5,850 6,165 5,940 6,165 3,630 3,975 3,615 3,885 4,410 5,975 5,772 6,725 Agency Property Tax Distribution (Agency fund 201030) 7,971,357 3,925,393 1,765,024 1,175,804 1,065,609 104,633,275 206,580,810 5,716,002 5,784,670 5,529,799 51,838,055 139,649,803

Total Outflows 39,803,156 47,920,364 31,816,013 41,064,382 29,196,302 134,242,868 238,614,633 44,565,949 37,149,333 50,432,402 91,304,165 181,408,453

Operating & Core Investment Activity July August September October November December January February March April May JuneInvestments Called/Matured/Sold (Inflow) 111150 & 111130 (Credits) 15,009,727 10,000,000 19,835,847 10,000,000 15,000,000 9,950,000 255,750,000 10,500,000 20,900,000 32,430,000 4,925,000 - Investments Purchased (Outflow) 111150 & 111130 (Debits) 10,440,565 - 30,435,302 - 24,476,206 256,513,501 14,700,000 41,500,000 3,475,000 24,930,000 4,925,000 -

Net Investment Activity 4,569,162 10,000,000 (10,599,455) 10,000,000 (9,476,206) (246,563,501) 241,050,000 (31,000,000) 17,425,000 7,500,000 - -

Net Operating & Core Increase/(Decrease) in Cash (2,668,576) (8,162,495) (12,863,294) 458,798 126,210,456 (87,490,221) 33,753,759 (37,805,923) 16,009,747 47,681,439 117,041,598 (144,868,846)

Estimated Operating & Core Ending Cash Balance 116,392,633$ 109,084,322$ 97,016,981$ 97,975,831$ 224,802,429$ 144,563,710$ 170,520,906$ 128,725,062$ 140,552,822$ 188,935,288$ 305,976,886$ 161,108,040$

Operating & Core Liquidity July August September October November December January February March April May JuneEstimated Operating & Core Ending Cash Balance 116,392,633 109,084,322 97,016,981 97,975,831 224,802,429 144,563,710 170,520,906 128,725,062 140,552,822 188,935,288 305,976,886 161,108,040 Estiamted Operating & Core Investment Maturing <30 days 10,000,000 19,835,847 10,000,000 15,000,000 9,950,000 255,750,000 10,500,000 20,900,000 32,430,000 4,925,000 - 10,000,000 Total Liquidity 126,392,633 128,920,169 107,016,981 112,975,831 234,752,429 400,313,710 181,020,906 149,625,062 172,982,822 193,860,288 305,976,886 171,108,040

2019 Operating Budget 483,400,437 483,400,437 483,400,437 483,400,437 483,400,437 483,400,437 483,400,437 483,400,437 483,400,437 483,400,437 483,400,437 483,400,437 15% of Budget - Short Term Liquidity Requirement 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00%Monthly Minimum Liquidity Requirements (<30 day maturity) 72,510,066 72,510,066 72,510,066 72,510,066 72,510,066 72,510,066 72,510,066 72,510,066 72,510,066 72,510,066 72,510,066 72,510,066 Monthly Distribution (following month 20th) (immediately available) 4,008,116 1,862,931 1,223,539 1,131,005 104,698,767 206,785,372 6,941,270 5,784,670 5,529,799 51,838,055 139,649,803 8,475,817 Total Monthly Required Liquidity 76,518,182 74,372,997 73,733,605 73,641,070 177,208,832 279,295,437 79,451,336 78,294,736 78,039,864 124,348,120 212,159,869 80,985,883

Ending Liquidity In Excess/(Deficiency) of Minimum Required 49,874,451 54,547,172 33,283,376 39,334,761 57,543,597 121,018,273 101,569,571 71,330,326 94,942,958 69,512,167 93,817,017 90,122,157

Green shading = ProjectedYellow shading = Actual

Disclaimer: This annual cash flow report is an estimate.

Bernalillo County Monthly StatementBernalillo County Bond Proceed (52469)Month End (M9 Y2019)03/01/2019 - 03/31/2019Dated: 04/08/2019Locked Down

Portfolio Overview (Bernalillo County Bond Proceed (52469)) 1

Bernco Holdings Summary (Bernalillo County Bond Proceed (52469)) 2

Bernco Duration (Bernalillo County Bond Proceed (52469)) 4

Bernco Credit Quality (Bernalillo County Bond Proceed (52469)) 7

Bernco Performance Summary (Bernalillo County Bond Proceed (52469)) 10

Bernco Portfolio Shock (Bernalillo County Bond Proceed (52469)) 11

Bernco Trading Report (Bernalillo County Bond Proceed (52469)) 13


Index: ICE BofAML 1-Year US Treasury Bill Index.


Balance Sheet SummaryBernalillo County Bond Proceed

Book Value 88,471,994.46


Net Unrealized Gain/Loss 15,602.97


Footnote: 1


Net IncomeBernalillo County Bond Proceed





Misc Income 0.00

Expense 0.00


Footnotes: 1,2


Duration 0.680 0.974 -0.294

Yield 2.209 2.443 -0.234




Footnote: 3

Duration

Portfolio Overview Bernalillo County Bond Proceed (52469)03/01/2019 - 03/31/2019 Return to Table of Contents Dated: 04/08/2019

1






CCYUSD Receivable 7,663,045.85 CASH 03/31/2019 7,663,045.85 7,663,045.850.000

7,663,045.85 0.00 0.00 7,663,045.85 0.000

912828W97 UNITED STATES TREASURY 0.00 US GOV 03/31/2019 0.00 0.001.250

0.00 0.00 0.00 0.00 0.000

94975P405 WELLS FRGO GOVERNMENT CL I MMF 1,678,204.79 MMFUND 03/31/2019 1,678,204.79 1,678,204.792.290

1,678,204.79 0.00 0.00 1,678,204.79 0.000

912828D23 UNITED STATES TREASURY 3,700,000.00 US GOV 04/30/2019 3,680,542.97 3,698,697.992.069

3,697,539.50 -1,158.49 25,245.86 3,722,785.36 0.082

912828WL0 UNITED STATES TREASURY 3,700,000.00 US GOV 05/31/2019 3,670,660.16 3,696,155.042.137

3,694,094.80 -2,060.24 18,601.65 3,712,696.45 0.167

912828R85 UNITED STATES TREASURY 1,000,000.00 US GOV 06/15/2019 989,218.75 996,621.552.535

996,717.00 95.45 2,572.12 999,289.12 0.208

912796QM4 UNITED STATES TREASURY 835,000.00 T-BILL 06/20/2019 819,621.16 830,606.052.436

830,613.74 7.70 0.00 830,613.74 0.222

912828WS5 UNITED STATES TREASURY 3,700,000.00 US GOV 06/30/2019 3,674,273.44 3,695,228.182.149

3,691,760.10 -3,468.08 15,114.30 3,706,874.40 0.249

912828WW6 UNITED STATES TREASURY 3,700,000.00 US GOV 07/31/2019 3,672,667.97 3,693,547.682.152

3,689,303.30 -4,244.38 9,965.47 3,699,268.77 0.334

912828D80 UNITED STATES TREASURY 3,600,000.00 US GOV 08/31/2019 3,569,000.00 3,590,319.632.283

3,586,359.60 -3,960.03 5,086.96 3,591,446.56 0.419

912796RA9 UNITED STATES TREASURY 500,000.00 T-BILL 09/12/2019 494,041.67 494,447.922.501

494,607.50 159.58 0.00 494,607.50 0.452


1,489,453.50 1,392.63 606.32 1,490,059.82 0.460


2,192,007.40 -3,101.93 105.19 2,192,112.59 0.501

912796RF8 UNITED STATES TREASURY 500,000.00 T-BILL 10/10/2019 493,180.17 493,581.342.471

493,810.00 228.66 0.00 493,810.00 0.528

912828T59 UNITED STATES TREASURY 1,500,000.00 US GOV 10/15/2019 1,475,507.82 1,486,628.202.679

1,488,222.00 1,593.80 6,923.08 1,495,145.08 0.542


2,187,710.80 -3,274.04 13,856.35 2,201,567.15 0.586

912796RM3 UNITED STATES TREASURY 1,000,000.00 T-BILL 11/07/2019 984,450.84 985,255.112.478

985,792.00 536.89 0.00 985,792.00 0.605


1,486,465.50 2,109.41 5,676.80 1,492,142.30 0.627

9128283H1 UNITED STATES TREASURY 2,200,000.00 US GOV 11/30/2019 2,182,039.06 2,193,174.062.223

2,190,031.80 -3,142.26 12,903.85 2,202,935.65 0.668


1,488,867.00 1,170.94 6,062.84 1,494,929.84 0.709

9128283N8 UNITED STATES TREASURY 3,200,000.00 US GOV 12/31/2019 3,181,765.63 3,190,164.372.291

3,186,505.60 -3,658.77 15,082.87 3,201,588.47 0.753

912828V31 UNITED STATES TREASURY 1,500,000.00 US GOV 01/15/2020 1,474,687.50 1,483,824.882.766

1,487,578.50 3,753.62 4,330.11 1,491,908.61 0.794

9128283S7 UNITED STATES TREASURY 3,800,000.00 US GOV 01/31/2020 3,784,992.19 3,790,641.132.299

3,787,384.00 -3,257.13 12,596.69 3,799,980.69 0.838

912828W22 UNITED STATES TREASURY 2,300,000.00 US GOV 02/15/2020 2,279,695.31 2,279,947.092.386

2,279,065.40 -881.69 3,931.28 2,282,996.68 0.879


3,245,430.50 10,870.07 6,358.70 3,251,789.20 0.917

313378J77 FEDERAL HOME LOAN BANKS 1,500,000.00 AGCY BOND 03/13/2020 1,483,005.00 1,489,453.252.631

1,491,777.00 2,323.75 1,406.25 1,493,183.25 0.953

9128284C1 UNITED STATES TREASURY 3,950,000.00 US GOV 03/31/2020 3,935,355.47 3,938,121.902.557

3,943,364.00 5,242.10 242.83 3,943,606.83 1.000

912828X21 UNITED STATES TREASURY 1,500,000.00 US GOV 04/15/2020 1,472,031.25 1,480,287.652.793

1,486,171.50 5,883.85 10,384.62 1,496,556.12 1.041

912828K58 UNITED STATES TREASURY 1,750,000.00 US GOV 04/30/2020 1,718,554.69 1,725,081.432.722

1,730,790.25 5,708.82 10,103.59 1,740,893.84 1.082

9128284J6 UNITED STATES TREASURY 2,500,000.00 US GOV 04/30/2020 2,500,390.63 2,500,389.612.359

2,499,120.00 -1,269.61 24,930.94 2,524,050.94 1.082

Bernco Holdings Summary Bernalillo County Bond Proceed (52469)As of 03/31/2019 Return to Table of Contents Dated: 04/08/2019

2







3137EADR7 FREDDIE MAC 1,500,000.00 AGCY BOND 05/01/2020 1,469,115.00 1,479,863.922.641

1,483,003.50 3,139.58 8,593.75 1,491,597.25 1.085

9128284Q0 UNITED STATES TREASURY 1,700,000.00 US GOV 05/31/2020 1,690,570.31 1,693,269.762.848

1,702,125.00 8,855.24 14,244.51 1,716,369.51 1.167

912828XE5 UNITED STATES TREASURY 3,000,000.00 US GOV 05/31/2020 2,970,585.94 2,970,859.232.349

2,968,827.00 -2,032.23 15,082.42 2,983,909.42 1.167

912828XU9 UNITED STATES TREASURY 2,250,000.00 US GOV 06/15/2020 2,204,296.88 2,215,528.722.802

2,225,911.50 10,382.78 9,921.02 2,235,832.52 1.208

912828VJ6 UNITED STATES TREASURY 3,000,000.00 US GOV 06/30/2020 2,983,945.31 2,984,085.892.307

2,980,782.00 -3,303.89 14,140.19 2,994,922.19 1.249

912828VP2 UNITED STATES TREASURY 5,500,000.00 US GOV 07/31/2020 5,479,160.16 5,479,330.982.287

5,473,358.00 -5,972.98 18,232.04 5,491,590.04 1.334

912828VV9 UNITED STATES TREASURY 2,500,000.00 US GOV 08/31/2020 2,494,824.22 2,494,863.632.273

2,491,797.50 -3,066.13 4,619.57 2,496,417.07 1.419

--- --- 88,876,250.64 --- 12/08/2019 88,183,095.86 88,471,994.462.188

88,487,597.43 15,602.97 296,922.13 88,784,519.57 0.689

Bernco Holdings Summary Bernalillo County Bond Proceed (52469)As of 03/31/2019 Return to Table of Contents Dated: 04/08/2019

3

0.00 - 0.25

0.25 - 0.50





912796QM4 UNITED STATES TREASURY 835,000.00 06/20/2019 06/20/2019 T-BILL 99.4747 2.322 0.226 P-1A-1+

830,613.74

912828D23 UNITED STATES TREASURY 1,500,000.00 04/30/2019 04/30/2019 US GOV 99.9335 2.363 0.088 AaaAA+

1,509,237.31


2,213,548.05

912828R85 UNITED STATES TREASURY 1,000,000.00 06/15/2019 06/15/2019 US GOV 99.6717 2.409 0.213 AaaAA+

999,289.12

912828WL0 UNITED STATES TREASURY 3,700,000.00 05/31/2019 05/31/2019 US GOV 99.8404 2.414 0.172 AaaAA+

3,712,696.45

94975P405 WELLS FRGO GOVERNMENT CL I MMF 1,678,204.79 03/31/2019 03/31/2019 MMFUND 1.0000 2.290 0.000 AaaAAAm

1,678,204.79

CCYUSD Receivable 7,663,045.85 03/31/2019 03/31/2019 CASH 1.0000 0.000 0.000 AaaAAA

7,663,045.85

--- --- 18,576,250.64 04/26/2019 04/26/2019 --- 50.2119 1.394 0.074 AaaAAA

18,606,635.30





912796RA9 UNITED STATES TREASURY 500,000.00 09/12/2019 09/12/2019 T-BILL 98.9215 2.383 0.453 P-1A-1+

494,607.50

Bernco Duration Bernalillo County Bond Proceed (52469)Base Currency: USD As of 03/31/2019 Return to Table of Contents Dated: 04/08/2019

4

0.50 - 0.75

0.75 - 1.00






1,490,059.82


2,194,772.90


1,396,673.66


2,192,112.59

912828WS5 UNITED STATES TREASURY 3,700,000.00 06/30/2019 06/30/2019 US GOV 99.7773 2.488 0.255 AaaAA+

3,706,874.40

912828WW6 UNITED STATES TREASURY 2,200,000.00 07/31/2019 07/31/2019 US GOV 99.7109 2.470 0.340 AaaAA+

2,199,565.21

912828WW6 UNITED STATES TREASURY 1,500,000.00 07/31/2019 07/31/2019 US GOV 99.7109 2.470 0.340 AaaAA+

1,499,703.56


15,174,369.63





912796RF8 UNITED STATES TREASURY 500,000.00 10/10/2019 10/10/2019 T-BILL 98.7620 2.345 0.528 P-1A-1+

493,810.00

912796RM3 UNITED STATES TREASURY 1,000,000.00 11/07/2019 11/07/2019 T-BILL 98.5792 2.354 0.605 P-1A-1+

985,792.00

9128283H1 UNITED STATES TREASURY 2,200,000.00 11/30/2019 11/30/2019 US GOV 99.5469 2.431 0.661 AaaAA+

2,202,935.65


2,201,092.08


1,000,496.40


2,201,567.15

912828T59 UNITED STATES TREASURY 1,500,000.00 10/15/2019 10/15/2019 US GOV 99.2148 2.454 0.538 AaaAA+

1,495,145.08


1,492,142.30


1,494,929.84


13,567,910.49





313378J77 FEDERAL HOME LOAN BANKS 1,500,000.00 03/13/2020 03/13/2020 AGCY BOND 99.4518 2.458 0.939 AaaAA+

1,493,183.25


2,199,988.82


1,599,991.87


1,500,825.78

9128283Y4 UNITED STATES TREASURY 228,000.00 02/29/2020 02/29/2020 US GOV 99.8594 2.404 0.905 AaaAA+

228,125.52


5

1.00 - 2.00

Summary







1,522,837.89


1,747,167.58


2,196,439.25

912828V31 UNITED STATES TREASURY 1,500,000.00 01/15/2020 01/15/2020 US GOV 99.1719 2.427 0.785 AaaAA+

1,491,908.61

912828W22 UNITED STATES TREASURY 2,300,000.00 02/15/2020 02/15/2020 US GOV 99.0898 2.421 0.870 AaaAA+

2,282,996.68

--- --- 16,300,000.00 02/25/2020 02/25/2020 --- 99.5995 2.416 0.892 AaaAA+

16,263,465.25





3137EADR7 FREDDIE MAC 1,500,000.00 05/01/2020 05/01/2020 AGCY BOND 98.8669 2.435 1.066 AaaAA+

1,491,597.25

9128284J6 UNITED STATES TREASURY 2,500,000.00 04/30/2020 04/30/2020 US GOV 99.9648 2.407 1.058 AaaAA+

2,524,050.94


1,716,369.51

912828K58 UNITED STATES TREASURY 1,750,000.00 04/30/2020 04/30/2020 US GOV 98.9023 2.402 1.065 AaaAA+

1,740,893.84

912828VJ6 UNITED STATES TREASURY 3,000,000.00 06/30/2020 06/30/2020 US GOV 99.3594 2.394 1.228 AaaAA+

2,994,922.19

912828VP2 UNITED STATES TREASURY 5,500,000.00 07/31/2020 07/31/2020 US GOV 99.5156 2.368 1.312 AaaAA+

5,491,590.04

912828VV9 UNITED STATES TREASURY 2,500,000.00 08/31/2020 08/31/2020 US GOV 99.6719 2.361 1.389 AaaAA+

2,496,417.07

912828X21 UNITED STATES TREASURY 1,000,000.00 04/15/2020 04/15/2020 US GOV 99.0781 2.397 1.023 AaaAA+

997,704.08

912828X21 UNITED STATES TREASURY 500,000.00 04/15/2020 04/15/2020 US GOV 99.0781 2.397 1.023 AaaAA+

498,852.04

912828XE5 UNITED STATES TREASURY 3,000,000.00 05/31/2020 05/31/2020 US GOV 98.9609 2.403 1.148 AaaAA+

2,983,909.42

912828XU9 UNITED STATES TREASURY 1,500,000.00 06/15/2020 06/15/2020 US GOV 98.9294 2.399 1.189 AaaAA+

1,490,555.01

912828XU9 UNITED STATES TREASURY 750,000.00 06/15/2020 06/15/2020 US GOV 98.9294 2.399 1.189 AaaAA+

745,277.51

--- --- 25,200,000.00 06/18/2020 06/18/2020 --- 99.3744 2.391 1.193 AaaAA+

25,172,138.89





--- --- 88,876,250.64 12/08/2019 12/08/2019 --- 89.1479 2.209 0.680 AaaAA+

88,784,519.57


6

US GOVIdentifier Description LT Rating Ending Base Current Units Final Maturity Security Type Market Sector Base Market Value + Accrued % of Base Market

Value + Accrued

9128283Y4 UNITED STATES TREASURY AAA 228,000.00 02/29/2020 US GOV Government 228,125.52 0.257%

912828X21 UNITED STATES TREASURY AAA 500,000.00 04/15/2020 US GOV Government 498,852.04 0.562%

912828XU9 UNITED STATES TREASURY AAA 750,000.00 06/15/2020 US GOV Government 745,277.51 0.839%

912828X21 UNITED STATES TREASURY AAA 1,000,000.00 04/15/2020 US GOV Government 997,704.08 1.124%

912828R85 UNITED STATES TREASURY AAA 1,000,000.00 06/15/2019 US GOV Government 999,289.12 1.126%


912828D80 UNITED STATES TREASURY AAA 1,400,000.00 08/31/2019 US GOV Government 1,396,673.66 1.573%


912828XU9 UNITED STATES TREASURY AAA 1,500,000.00 06/15/2020 US GOV Government 1,490,555.01 1.679%

912828V31 UNITED STATES TREASURY AAA 1,500,000.00 01/15/2020 US GOV Government 1,491,908.61 1.680%



912828T59 UNITED STATES TREASURY AAA 1,500,000.00 10/15/2019 US GOV Government 1,495,145.08 1.684%

912828WW6 UNITED STATES TREASURY AAA 1,500,000.00 07/31/2019 US GOV Government 1,499,703.56 1.689%






912828K58 UNITED STATES TREASURY AAA 1,750,000.00 04/30/2020 US GOV Government 1,740,893.84 1.961%



Bernco Credit Quality Bernalillo County Bond Proceed (52469)Base Currency: USD As of 03/31/2019 Return to Table of Contents Dated: 04/08/2019

7

CASH

AGCY BOND

T-BILL

MMFUND




912828WW6 UNITED STATES TREASURY AAA 2,200,000.00 07/31/2019 US GOV Government 2,199,565.21 2.477%




9128283H1 UNITED STATES TREASURY AAA 2,200,000.00 11/30/2019 US GOV Government 2,202,935.65 2.481%


912828W22 UNITED STATES TREASURY AAA 2,300,000.00 02/15/2020 US GOV Government 2,282,996.68 2.571%

912828VV9 UNITED STATES TREASURY AAA 2,500,000.00 08/31/2020 US GOV Government 2,496,417.07 2.812%

9128284J6 UNITED STATES TREASURY AAA 2,500,000.00 04/30/2020 US GOV Government 2,524,050.94 2.843%

912828XE5 UNITED STATES TREASURY AAA 3,000,000.00 05/31/2020 US GOV Government 2,983,909.42 3.361%

912828VJ6 UNITED STATES TREASURY AAA 3,000,000.00 06/30/2020 US GOV Government 2,994,922.19 3.373%

912828WS5 UNITED STATES TREASURY AAA 3,700,000.00 06/30/2019 US GOV Government 3,706,874.40 4.175%

912828WL0 UNITED STATES TREASURY AAA 3,700,000.00 05/31/2019 US GOV Government 3,712,696.45 4.182%

912828VP2 UNITED STATES TREASURY AAA 5,500,000.00 07/31/2020 US GOV Government 5,491,590.04 6.185%






3137EADR7 FREDDIE MAC AAA 1,500,000.00 05/01/2020 AGCY BOND Agency 1,491,597.25 1.680%

313378J77 FEDERAL HOME LOAN BANKS AAA 1,500,000.00 03/13/2020 AGCY BOND Agency 1,493,183.25 1.682%

--- --- AAA 3,000,000.00 04/06/2020 AGCY BOND Agency 2,984,780.50 3.362%


912796RF8 UNITED STATES TREASURY NA 500,000.00 10/10/2019 T-BILL Government 493,810.00 0.556%

912796RA9 UNITED STATES TREASURY NA 500,000.00 09/12/2019 T-BILL Government 494,607.50 0.557%

912796QM4 UNITED STATES TREASURY NA 835,000.00 06/20/2019 T-BILL Government 830,613.74 0.936%

912796RM3 UNITED STATES TREASURY NA 1,000,000.00 11/07/2019 T-BILL Government 985,792.00 1.110%

--- UNITED STATES TREASURY NA 2,835,000.00 09/12/2019 T-BILL Government 2,804,823.25 3.159%





8

Summary



--- --- AAA 88,876,250.64 12/08/2019 --- --- 88,784,519.57 100.000%


9



No Tax Adjustment.




Prior Month 02/01/2019 02/28/2019 0.186% 0.182% 0.004%

Prior Quarter 10/01/2018 12/31/2018 0.710% 0.549% 0.161%

Prior Year 07/01/2017 06/30/2018 1.204% 1.353% -0.149%

Trailing Month 03/01/2019 03/31/2019 0.243% 0.202% 0.041%


Trailing Year 04/01/2018 03/31/2019 2.251% 2.068% 0.183%


Bernalillo County Bond Proceed ICE BofAML 1-Year US Treasury Bill Index 11/30/2007 ---

Bernco Performance Summary Bernalillo County Bond Proceed (52469)Base Currency: USD As of 03/31/2019 Return to Table of Contents Dated: 04/08/2019

10





313378J77FEDERAL HOME LOAN BANKS

AGCY BOND 1,500,000.00 1,491,777.00 2.458 0.939 1,526,233.941,519,807.081,505,791.03

1,477,764.981,463,754.971,449,746.97

-0.939%-1.878%-2.817%

3137EADR7FREDDIE MAC

AGCY BOND 1,500,000.00 1,483,003.50 2.435 1.066 1,521,494.451,514,614.411,498,807.72

1,467,201.761,451,402.491,435,605.71

-1.066%-2.131%-3.196%

912796QM4UNITED STATES TREASURY

T-BILL 835,000.00 830,613.74 2.322 0.226 834,977.19834,371.66832,492.66

828,734.92826,856.17824,977.51

-0.226%-0.452%-0.679%

912796RA9UNITED STATES TREASURY

T-BILL 500,000.00 494,607.50 2.383 0.453 499,942.42499,085.09496,846.19

492,369.01490,130.72487,892.64

-0.453%-0.905%-1.358%

912796RF8UNITED STATES TREASURY

T-BILL 500,000.00 493,810.00 2.345 0.528 499,929.37499,029.86496,419.68

491,200.84488,592.19485,984.06

-0.528%-1.057%-1.585%

912796RM3UNITED STATES TREASURY

T-BILL 1,000,000.00 985,792.00 2.354 0.605 999,831.18997,719.48991,755.17

979,829.98973,869.10967,909.36

-0.605%-1.209%-1.814%


US GOV 1,500,000.00 1,489,453.50 2.413 0.457 1,505,876.361,503,064.281,496,258.58

1,482,649.041,475,845.201,469,041.99

-0.457%-0.914%-1.370%

9128283H1UNITED STATES TREASURY

US GOV 2,200,000.00 2,190,031.80 2.431 0.661 2,225,211.612,218,974.002,204,502.06

2,175,563.212,161,096.302,146,631.07

-0.661%-1.321%-1.982%

9128283N8UNITED STATES TREASURY

US GOV 3,200,000.00 3,186,505.60 2.439 0.743 3,244,268.783,233,874.863,210,188.76

3,162,825.383,139,148.093,115,473.74

-0.743%-1.486%-2.229%

9128283S7UNITED STATES TREASURY

US GOV 3,800,000.00 3,787,384.00 2.399 0.828 3,862,591.353,850,085.193,818,732.52

3,756,039.633,724,699.423,693,363.36

-0.828%-1.655%-2.482%


US GOV 3,250,000.00 3,245,430.50 2.404 0.905 3,316,038.843,304,164.973,274,795.68

3,216,069.443,186,712.493,157,359.66

-0.905%-1.809%-2.714%

9128284C1UNITED STATES TREASURY

US GOV 3,950,000.00 3,943,364.00 2.420 0.977 4,036,619.784,020,430.663,981,894.47

3,904,839.253,866,320.223,827,806.91

-0.977%-1.954%-2.930%

9128284J6UNITED STATES TREASURY

US GOV 2,500,000.00 2,499,120.00 2.407 1.058 2,562,781.982,552,015.872,525,565.86

2,472,678.282,446,240.692,419,807.25

-1.058%-2.116%-3.174%

9128284Q0UNITED STATES TREASURY

US GOV 1,700,000.00 1,702,125.00 2.390 1.141 1,748,548.581,740,974.461,721,548.13

1,682,705.071,663,288.341,643,874.81

-1.141%-2.282%-3.422%

912828D23UNITED STATES TREASURY

US GOV 3,700,000.00 3,697,539.50 2.363 0.088 3,705,247.283,704,063.083,700,801.26

3,694,277.803,691,016.163,687,754.57

-0.088%-0.176%-0.265%

912828D80UNITED STATES TREASURY

US GOV 3,600,000.00 3,586,359.60 2.531 0.417 3,624,191.543,616,254.613,601,306.48

3,571,413.963,556,469.573,541,526.42

-0.417%-0.833%-1.250%


US GOV 2,200,000.00 2,192,007.40 2.478 0.495 2,218,893.602,213,710.862,202,858.59

2,181,157.282,170,308.252,159,460.29

-0.495%-0.990%-1.485%


US GOV 2,200,000.00 2,187,710.80 2.461 0.578 2,218,809.092,212,983.832,200,346.64

2,175,076.322,162,443.202,149,811.44

-0.578%-1.155%-1.732%

912828K58UNITED STATES TREASURY

US GOV 1,750,000.00 1,730,790.25 2.402 1.065 1,775,091.851,767,672.151,749,229.75

1,712,353.631,693,919.911,675,489.07

-1.065%-2.130%-3.195%

912828R85UNITED STATES TREASURY

US GOV 1,000,000.00 996,717.00 2.409 0.213 1,001,835.941,000,966.89

998,841.90

994,592.19992,467.47990,342.85

-0.213%-0.426%-0.640%

Bernco Portfolio Shock Bernalillo County Bond Proceed (52469)Base Currency: USD As of 03/31/2019 Return to Table of Contents Dated: 04/08/2019

11







912828T59UNITED STATES TREASURY

US GOV 1,500,000.00 1,488,222.00 2.454 0.538 1,507,859.931,504,225.041,496,223.11

1,480,221.721,472,222.261,464,223.64

-0.538%-1.075%-1.613%


US GOV 1,500,000.00 1,486,465.50 2.452 0.620 1,509,052.131,504,891.771,495,678.12

1,477,253.901,468,043.341,458,833.80

-0.620%-1.239%-1.859%


US GOV 1,500,000.00 1,488,867.00 2.428 0.702 1,514,259.281,509,782.961,499,324.35

1,478,410.901,467,956.051,457,502.46

-0.702%-1.404%-2.107%

912828V31UNITED STATES TREASURY

US GOV 1,500,000.00 1,487,578.50 2.427 0.785 1,515,942.171,510,947.751,499,262.37

1,475,896.121,464,215.241,452,535.86

-0.785%-1.571%-2.356%

912828VJ6UNITED STATES TREASURY

US GOV 3,000,000.00 2,980,782.00 2.394 1.228 3,068,458.733,054,017.873,017,396.76

2,944,173.572,907,571.492,870,975.74

-1.228%-2.456%-3.684%

912828VP2UNITED STATES TREASURY

US GOV 5,500,000.00 5,473,358.00 2.368 1.312 5,643,443.775,617,022.565,545,183.76

5,401,545.285,329,745.595,257,958.95

-1.312%-2.624%-3.935%

912828VV9UNITED STATES TREASURY

US GOV 2,500,000.00 2,491,797.50 2.361 1.389 2,573,519.212,561,035.542,526,413.25

2,457,188.302,422,585.652,387,989.56

-1.389%-2.778%-4.166%

912828W22UNITED STATES TREASURY

US GOV 2,300,000.00 2,279,065.40 2.421 0.870 2,327,079.272,318,727.212,298,894.95

2,259,238.562,239,414.432,219,593.00

-0.870%-1.740%-2.610%

912828WL0UNITED STATES TREASURY

US GOV 3,700,000.00 3,694,094.80 2.414 0.172 3,709,466.373,706,829.283,700,461.93

3,687,727.893,681,361.203,674,994.72

-0.172%-0.345%-0.517%

912828WS5UNITED STATES TREASURY

US GOV 3,700,000.00 3,691,760.10 2.488 0.255 3,715,204.743,710,609.323,701,184.47

3,682,336.213,672,912.803,663,489.88

-0.255%-0.511%-0.766%

912828WW6UNITED STATES TREASURY

US GOV 3,700,000.00 3,689,303.30 2.470 0.340 3,720,255.963,714,367.753,701,835.10

3,676,772.353,664,242.253,651,713.00

-0.340%-0.679%-1.019%

912828X21UNITED STATES TREASURY

US GOV 1,500,000.00 1,486,171.50 2.397 1.023 1,522,625.221,516,589.781,501,379.48

1,470,965.841,455,762.511,440,561.49

-1.023%-2.046%-3.069%

912828XE5UNITED STATES TREASURY

US GOV 3,000,000.00 2,968,827.00 2.403 1.148 3,050,738.963,037,006.293,002,913.83

2,934,745.792,900,670.212,866,600.25

-1.148%-2.296%-3.443%

912828XU9UNITED STATES TREASURY

US GOV 2,250,000.00 2,225,911.50 2.399 1.189 2,289,404.312,278,843.982,252,375.50

2,199,451.972,172,996.912,146,546.33

-1.189%-2.377%-3.566%


MMFUND 1,678,204.79 1,678,204.79 2.290 0.000 1,678,204.791,678,204.791,678,204.79

1,678,204.791,678,204.791,678,204.79

0.000%0.000%0.000%

CCYUSDReceivable

CASH 7,663,045.85 7,663,045.85 0.000 0.000 7,663,045.857,663,045.857,663,045.85

7,663,045.857,663,045.857,663,045.85

0.000%0.000%0.000%

------

--- 88,876,250.64 88,487,597.43 2.209 0.680 89,936,975.8389,690,011.0489,088,760.77

87,886,521.0287,285,531.5386,684,628.97

-0.679%-1.358%-2.038%

Bernco Portfolio Shock Bernalillo County Bond Proceed (52469)Base Currency: USD As of 03/31/2019 Return to Table of Contents Dated: 04/08/2019

12








912796RA9 UNITED STATES TREASURY09/12/2019

Buy 03/19/201903/20/2019

JP MORGAN SECURITIES INC. 98.808 494,041.67 0.00

912796RF8 UNITED STATES TREASURY10/10/2019

Buy 03/19/201903/20/2019

WELLS FARGO SECURITIES LLC 98.636 493,180.17 0.00

912796RM3 UNITED STATES TREASURY11/07/2019

Buy 03/19/201903/20/2019

WELLS FARGO SECURITIES LLC 98.445 984,450.84 0.00

9128283N8 UNITED STATES TREASURY12/31/2019

Buy 03/27/201903/28/2019

RBC Dain Rauscher (US) 99.586 995,859.38 0.00

9128283S7 UNITED STATES TREASURY01/31/2020

Buy 03/27/201903/28/2019

CITIGROUP GBL MKTS/SALOMON, NEW YORK 99.680 1,594,875.00 0.00

9128284C1 UNITED STATES TREASURY03/31/2020

Buy 03/27/201903/28/2019


9128284J6 UNITED STATES TREASURY04/30/2020

Buy 03/27/201903/28/2019

RBC Dain Rauscher (US) 100.016 2,500,390.63 0.00

912828VJ6 UNITED STATES TREASURY06/30/2020

Buy 03/27/201903/28/2019


912828VP2 UNITED STATES TREASURY07/31/2020

Buy 03/27/201903/28/2019

WELLS FARGO SECURITIES LLC 99.621 5,479,160.16 0.00

912828VV9 UNITED STATES TREASURY08/31/2020

Buy 03/27/201903/28/2019



Buy 03/27/201903/28/2019

RBC Dain Rauscher (US) 99.117 2,279,695.31 0.00


Maturity 03/31/201903/31/2019

Maturity 100.000 -7,545,000.00 0.00

912828XE5 UNITED STATES TREASURY05/31/2020

Buy 03/27/201903/28/2019



Buy ------

Direct 1.000 24,804,065.57 0.00


Sell ------

Direct 1.000 -27,778,937.84 0.00

--- ---07/29/2019

--- ------

--- --- 14,948,386.36 0.00

Bernco Trading Report Bernalillo County Bond Proceed (52469)03/01/2019 - 03/31/2019 Return to Table of Contents Dated: 04/08/2019

13

Additional Disclosure:

The information on this website is for general purposes only and is not intended to provide specific advice or recommendations. All information presented on this website is obtained via electronic data transfer from theCustodian. While this information is reconciled on a daily basis, when available, accuracy is relied upon from the Custodian. Please review the data carefully. Should you have any questions regarding the informationpresented, calculation methodology, investment portfolio or security detail, or any other facet of the data, please feel free to contact us.

This data is intended to detail our investment advisory activity as well as the activity of any client accounts managed by Public Trust Advisors, LLC (Public Trust). The custodian bank maintains the control of assets andexecutes and settles all investment transactions. The custodian statement is the official record of security and cash holdings transactions. Public Trust recognizes that clients may use these reports to facilitate record keeping;therefore it is recommended that the client reconcile this statement with their custodian bank statement. Many custodians use a settlement date basis which may result in the need to reconcile due to a timing difference.Please contact your relationship manager or call our toll free number 855-395-3954 with questions regarding your account.

Public Trust does not have the authority to withdraw funds from or deposit funds to the custodian. Our clients retain responsibility for their internal accounting policies; implementing and enforcing internal controls andgenerating ledger entries or otherwise recording transactions.

Pricing sources from our reporting platform are provided by Clearwater Analytics®. Clearwater utilizes a hierarchical pricing model with multiple options for pricing sources. These options include custodial pricing, S&P CapitalIQ and other sources. Since multiple pricing hierarchies are offered through Clearwater Analytics, and client preferences regarding pricing sources may differ, it is important to verify the specific pricing hierarchy for eachportfolio. Securities with short maturities and infrequent secondary market trades are typically priced via mathematical calculations. The securities in this investment portfolio, including shares of mutual funds, are notguaranteed or otherwise protected by Public Trust, the FDIC (except for certain non-negotiable certificates of deposit) or any government agency, unless otherwise specifically stated. Investing involves risk, including thepossible loss of principal.

Past performance is not an indicator of future performance or results.

Public Trust statements present beginning and ending balances and are based on Market Value plus accrued interest on a Trade Date basis. Customized reports made available to the end user either from Public Trust orthrough the online reporting platform may present information and portfolio analytics using various optional methods including, but not limited to, historical cost, amortized cost, and market value. Custom reports may also differfrom the information received from the custodian as a result of additional formulas and filters created based on end user preferences.

The investment advisor providing these services is Public Trust Advisors, LLC, an investment adviser registered with the U.S. Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940, asamended. Registration with the SEC does not imply a certain level of skill or training. Public Trust is required to maintain a written disclosure brochure of our background and business experience. If you would like to receive acopy of our current disclosure brochure, privacy policy, or code of ethics please contact us at the address below.

Public Trust Advisors

717 17th St. Suite 1850

Denver, CO 80202

Bernalillo County Accounting DepartmentFY2019 Bond Proceeds Cash Flow Forecast Report

Bond Proceeds Beginning Cash Balances July August September October November December January February March April May JuneBond Proceeds Money Market Account (101820) Holding Sum. EOM Previou - 3,144,633 4,087,130 34,932 2,881,566 5,333,451 3,725,758 7,876,264 5,359,983 9,484,819 18,248,538 18,545,538

Total Bond Proceedss Beginning Cash Balances - 3,144,633 4,087,130 34,932 2,881,566 5,333,451 3,725,758 7,876,264 5,359,983 9,484,819 18,248,538 18,545,538

Bond Proceeds Inflows July August September October November December January February March April May JuneTransfers In From Operating Portfolio - - - - - - - - - - - - GO Bond Proceeds from Sale 320,000 17,211,554 - - - - - 462,700 23,135,000 - - - 2017A GRT (Alvarado) Bond Proceeds from Sale - - - - - - - - - - - - 2017B GRT (MDC) Bond Proceeds from Sale - - - - - - - - - - - - Bond Proceeds Portfolio Investment Income Total Transactions 156,601 63,257 47,493 194,858 117,961 90,423 92,163 79,756 93,768 68,719 47,000 20,625

Total Bond Proceeds Inflows 476,601 17,274,811 47,493 194,858 117,961 90,423 92,163 542,456 23,228,768 68,719 47,000 20,625

Bond Proceeds Outflows July August September October November December January February March April May JuneGO Bonds Transfer Out to Operating Portfolio 1,336,207 2,295,209 2,629,392 1,030,419 1,417,224 1,373,774 892,268 2,032,840 731,535 2,200,000 2,200,000 2,200,000 2017A GRT (Alvarado) Transfer Out to Operating Portfolio - 10,000 30,460 35,361 629,623 6,133 13,766 6,133 50,000 950,000 950,000 2017B GRT (MDC) Transfer Out to Operating Portfolio - 842,774 620,217 619,229 - (764,376) 675,896 311,264 300,000 300,000 -

Total Bond Proceeds Outflows 1,336,207 3,147,983 3,280,069 1,065,780 2,666,076 1,379,907 141,657 2,708,736 1,048,932 2,550,000 3,450,000 3,150,000

Bond Proceeds Investment Activity July August September October November December January February March April May JuneInvestments Called/Matured/Sold (Inflow) 5,400,000 2,700,000 - 16,769,535 5,000,000 4,900,000 4,200,000 3,650,000 7,545,000 11,245,000 3,700,000 1,835,000 Investments Purchased (Outflow) Buy Prin+Int. 1,395,761 15,884,331 819,622 13,051,980 - 5,218,210 - 4,000,000 25,600,000 - - -

Net Investment Activity 4,004,239 (13,184,331) (819,622) 3,717,555 5,000,000 (318,210) 4,200,000 (350,000) (18,055,000) 11,245,000 3,700,000 1,835,000

Net Bond Proceeds Increase/(Decrease) in Cash 3,144,633 942,497 (4,052,198) 2,846,634 2,451,885 (1,607,693) 4,150,506 (2,516,280) 4,124,836 8,763,719 297,000 (1,294,375)

Estimated Bond Proceeds Ending Cash Balance 3,144,633$ 4,087,130$ 34,932$ 2,881,566$ 5,333,451$ 3,725,758$ 7,876,264$ 5,359,983$ 9,484,819$ 18,248,538$ 18,545,538$ 17,251,163$

Green shading = ProjectedYellow shading = Actual

Disclaimer: This annual cash flow report is an estimate.

report:executive summary highly liquid portfolio: 15% of annual … combined m… · market value +...

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