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MINUTES - 12112012 - C.106
RECOMMENDATION(S): ACCEPT the Treasurer’s Investment Report as of September 30, 2012, as recommended by the Treasurer-Tax Collector. FISCAL IMPACT: None. BACKGROUND: Government Code Section 53646 requires the County Treasurer to prepare quarterly reports to the Board of Supervisors describing County investments including type, par value, cost, and market value. Attached please find the report covering the period July 1, 2012 through September 30, 2012. As of September 30, 2012, the par value, cost, and market value of Contra Costa County Investment Pool were $1,640,342,685.02 , $1,647,642,318.96, and $1,649,891,863.20, respectively. The weighted yield to maturity was 0.52% and the weighted average days to maturity were 193 days. As of September 30, 2012, The Treasurer’s investment portfolio was in compliance with Government Code 53600 et. seq. and with the Treasurer’s current investment policy. Historical activities combined with future cash flow projections indicate that the APPROVE OTHER RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE Action of Board On: 12/11/2012 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF SUPERVISORS AYE:John Gioia, District I Supervisor Candace Andersen, District II Supervisor Mary N. Piepho, District III Supervisor Karen Mitchoff, District IV Supervisor Federal D. Glover, District V Supervisor Contact: Brice Bins, 957-2848 I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown. ATTESTED: December 11, 2012 David Twa, County Administrator and Clerk of the Board of Supervisors By: June McHuen, Deputy cc: C.106 To:Board of Supervisors From:Russell Watts, Treasurer-Tax Collector Date:December 11, 2012 Contra Costa County Subject:County Treasurer's Investment Report September 30, 2012 BACKGROUND: (CONT'D) County has sufficient liquidity to meet its obligations for the next six months. However, the State’s deferral policies and budget deficit could have a significant impact on the County’s cash flow for the next six months. CONSEQUENCE OF NEGATIVE ACTION: The Treasurer-Tax Collector's Office will not be in compliance with Government Code Section 53646. CHILDREN'S IMPACT STATEMENT: Not applicable. ATTACHMENTS Quarterly Report 093012 CONTRA COSTA COUNTY TREASURER’S QUARTERLY INVESTMENT REPORT AS OF MARCH 31, 2012 TABLE OF CONTENTS Page I. Executive Summary 1 II. Contra Costa County Investment Pool Summary 2 III. Appendix A. Investment Portfolio Detail—Managed by Treasurer’s Office 1. Portfolio Summary 4 2. Portfolio Detail 6 3. Market Valuation Sources 18 B. Investment Portfolio Detail – Managed by Outside Contracted Parties 1. State of California Local Agency Investment Fund a. Summary 22 2. Asset Management Funds a. Wells Capital Management 23 b. BofA Global Capital Management 41 c. CalTrust 58 3. East Bay Regional Communications System Authority (EBRCS) a. Summary 62 4. Miscellaneous a. Statements 63 EXECUTIVE SUMMARY • The Treasurer's investment portfolio is in compliance with Government Code 53600 et. seq.. • The Treasurer's investment portfolio is in compliance with the Treasurer's current investment policy. • The Treasurer’s investment portfolio has no securities lending, reverse repurchase agreements or derivatives. • The total cost of the investment portfolio was equal to $2,067,641,918 on March 31, 2012. The fair value was $2,070,076,922 which was 100.12% of cost. • The weighted average maturity of the total investment pool was 184 days. More than 82 percent of the portfolio or over $1.70 billion will mature in less than a year. Historical activities combined with future cash flow projections indicate that the County is able to meet its cash flow needs for the next six months. However, the State’s deferral policies and budget deficit could have a significant impact on the County’s cash flow during the next six months. Page 1 PERCENT OF TYPE PAR VALUE COST FAIR VALUE TOTAL COST A. Investments Managed by Treasurer's Office 1. U.S. Treasuries (STRIPS, Bills, Notes)$29,277,000.00 $30,463,360.71 $30,384,646.80 1.47% 2. U.S. Agencies Federal Agriculture Mortgage Corporation 0.00 0.00 0.00 0.00% Federal Home Loan Banks 73,570,000.00 74,197,768.43 74,791,868.55 3.59% Federal National Mortgage Association 70,908,000.00 72,700,712.67 72,644,663.15 3.52% Federal Farm Credit Banks 155,000.00 168,181.20 166,140.63 0.01% Federal Home Loan Mortgage Corporation 126,388,000.00 127,941,266.51 128,532,328.46 6.19% Municipal Bonds 4,595,000.00 5,170,389.45 5,168,853.90 0.25% Subtotal 275,616,000.00 280,178,318.26 281,303,854.69 13.55% 3. Money Market Instruments Bankers Acceptances 0.00 0.00 0.00 0.00% Repurchase Agreement 80,000,000.00 80,000,000.00 80,000,000.00 3.87% Commercial Paper 561,595,000.00 560,489,683.58 561,325,303.28 27.11% Negotiable Certificates of Deposit 476,720,000.00 476,728,201.99 477,003,327.68 23.06% Medium Term Certificates of Deposit 2,347,000.00 2,348,430.58 2,346,986.42 0.11% Corporate Notes 102,990,000.00 103,878,955.37 104,409,460.16 5.02% Money Market Accounts 565,318.32 565,318.32 565,318.32 0.03% Time Deposit 3,200.00 3,200.00 3,200.00 0.00% Subtotal 1,224,220,518.32 1,224,013,789.84 1,225,653,595.86 59.20% TOTAL (Section A.)1,529,113,518.32 1,534,655,468.81 1,537,342,097.35 74.22% B. Investments Managed by Outside Contractors 1. Local Agency Investment Fund 336,994,607.22 336,994,607.22 336,994,607.22 16.30% 2. Other a. EBRCS Bond 2,455,113.76 2,455,113.76 2,455,113.76 0.12% b. Miscellaneous (BNY, Mechanics, CCFCU)249,883.08 249,883.08 249,883.08 0.01% c. Wells Capital Management 44,322,439.38 44,856,963.99 44,780,280.41 2.17% d. BofA Global Capital Management 37,246,249.94 37,861,033.76 37,686,092.59 1.83% e. CalTRUST (Short-Term Fund)62,330,448.62 62,330,448.62 62,330,448.62 3.01% Subtotal 146,604,134.78 147,753,443.21 147,501,818.46 7.15% TOTAL (Section B.)483,598,742.00 484,748,050.43 484,496,425.68 23.44% C. Cash 48,238,398.53 48,238,398.53 48,238,398.53 2.33% *GRAND TOTAL (FOR A , B, & C)$2,060,950,658.85 $2,067,641,917.77 $2,070,076,921.56 100.00% * Does not include the Futuris Public Entity Trust of the Contra Costa Community College District Retirement Board of Authority CONTRA COSTA COUNTY INVESTMENT POOL As of March 31, 2012 Page 2 CONTRA COSTA COUNTY INVESTMENT POOL AT A GLANCE AS OF MARCH 31, 2012 NOTES TO INVESTMENT PORTFOLIO SUMMARY AND AT A GLANCE AS OF MARCH 31, 2012 1. All report information is unaudited but due diligence was utilized in its preparation. 2. There may be slight differences between the portfolio summary page and the attached exhibits and statements for investments managed by outside contractors or trustees. The variance is due to the timing difference in recording transactions associated with outside contracted parties during interim periods and later transmitted to the appropriate county agency and/or the Treasurer’s Office. In general, the Treasurer’s records reflect booked costs at the beginning of a period. 3. All securities and amounts included in the portfolio are denominated in United States Dollars. 4. The Contra Costa County investment portfolio maintains Standard & Poor's highest credit quality rating of AAAf and lowest volatility of S1+. The portfolio consists of a large portion of short-term investments with credit rating of A-1/P-1 or better. The majority of the long-term investments in the portfolio are rated AA or better. 5. In accordance with Contra Costa County's Investment Policy, the Treasurer's Office has constructed a portfolio that safeguard the principal, meet the liquidity and achieve a return. As a result, more than 82% of the portfolio will mature in less than a year with a weighted average maturity of 184 days. U.S. Treasuries 1.47% U.S.Agencies- Federal, State and Local 13.55% Money Market 59.20% Outside Contractors-LAIF 16.30%Outside Contractors-Other 7.15% Cash 2.33% PORTFOLIO BREAKDOWN BY INVESTMENT $0 $200,000,000 $400,000,000 $600,000,000 $800,000,000 $1,000,000,000 $1,200,000,000 $1,400,000,000 $1,600,000,000 $1,800,000,000 Less 1 yr 1 to 2 yrs 2 to 3 yrs 3 to 4 yrs 4+ yrs MATURITY DISTRIBUTION AAA 1% AA+ 18% AA 20% AA‐ 2%A+ 1%A 1% A‐ 0% A‐1+ 26% A‐1 24% BBB+ 0% NR 7% PORTFOLIO CREDIT QUALITY 0.669% 0.380% 0.286% 0.403%0.400% 0.030% 0.00% 0.10% 0.20% 0.30% 0.40% 0.50% 0.60% 0.70% 0.80% Treasurer LAIF Wells BofA CalTRUST Cash YIELD TO MATURITY BY PORTFOLIO YTM 0.0000% 0.1000% 0.2000% 0.3000% 0.4000% 0.5000% 0.6000% 0.7000% 0.8000% 0.9000% 1.0000% 9/1/2009 12/1/2009 3/1/2010 6/1/2010 9/1/2010 12/1/2010 3/1/2011 6/1/2011 9/1/2011 12/1/2011 3/1/2012 QUARTERLY WEIGHTED YIELD TO MATURITY YTM Page 3 SECTION III APPENDIX A. INVESTMENT PORTFOLIO DETAIL - MANAGED BY TREASURER’S OFFICE 1 CONTRA COSTA COUNTY TREASURER'S OFFICE INVESTMENT INVENTORY WITH MARKET VALUE PAGE: 1 (RPTMKT) RUN: 04/05/12 16:34:39 INVESTMENTS OUTSTANDING AS OF 03/31/12 MAJOR SORT KEY IS ICC# INVEST DESCRIPTION CUSIP BANK FUND CPN RATE PAR/SHARES MARKET VALUE CURR ACCR INT UNREALIZED GAIN NUMBER PURCHASE MATURITY DATE BROK SAFE YTM TR BOOK MARKET PRICE PRICE SOURCE UNREALIZED LOSS ------- ------------------------------- --------- ---- ------ ------- --------------- --------------- --------------- --------------- SUBTOTAL (Inv Type) 12 TREASURY NOTES 1.98%(M) 1.9776 29,277,000.00 30,384,646.80 127,102.36 87,137.02 .4955 30,463,360.71 103.7833340000 -101,240.08 SUBTOTAL (Inv Type) 18 FNMA FLTG RATE ACT/360 .06%(M) .3199 950,000.00 950,890.63 147.25 .00 .1758 950,950.00 100.0937500000 -59.37 SUBTOTAL (Inv Type) 22 FEDERAL HOME LOAN BANKS 4.67%(M) 1.8977 70,570,000.00 71,791,946.88 298,351.79 736,388.69 1.5862 71,197,952.18 101.7315390000 -140,298.24 SUBTOTAL (Inv Type) 23 FEDERAL NATIONAL MORTGA 4.14%(M) 1.8845 61,958,000.00 63,694,821.89 354,991.58 117,508.74 .9623 63,761,314.75 102.8032250000 -170,977.99 SUBTOTAL (Inv Type) 27 FEDERAL FARM CREDIT BAN .01%(M) 4.3000 155,000.00 166,140.63 351.76 .00 2.4502 168,181.20 107.1875000000 -2,040.57 SUBTOTAL (Inv Type) 28 FEDERAL HOME LOAN MORTG 1.84%(M) .1479 28,279,000.00 28,276,997.79 34,594.13 6,173.64 .1542 28,236,239.38 99.99292000000 SUBTOTAL (Inv Type) 29 FHLMC NOTES 6.52%(M) 1.5490 98,109,000.00 100,255,330.67 313,657.03 819,666.97 1.0636 99,705,027.13 102.1877000000 -254,261.59 SUBTOTAL (Inv Type) 31 MUNICIPAL BONDS .34%(M) 4.7701 4,595,000.00 5,168,853.90 47,838.89 .00 1.0988 5,170,389.45 112.4886590000 SUBTOTAL (Inv Type) 41 FNMA DISCOUNT NOTES .52%(M) .1398 8,000,000.00 7,998,950.63 8,481.03 2,078.15 .1601 7,988,447.92 99.98688300000 -56.47 SUBTOTAL (Inv Type) 43 FHLB DISCOUNT NOTES .20%(M) .0450 3,000,000.00 2,999,921.67 7.50 97.92 .0450 2,999,816.25 99.99738900000 SUBTOTAL (Inv Type) 61 REPURCHASE AGREEMENTS 5.20%(M) .0300 80,000,000.00 80,000,000.00 133.33 .00 .0300 80,000,000.00 100.0000000000 SUBTOTAL (Inv Type) 71 COMMERCIAL PAPER DISCOU 36.51%(M) .5143 561,595,000.00 561,325,303.28 683,252.70 155,733.66 .5725 560,489,683.58 99.95197700000 -3,366.66 SUBTOTAL (Inv Type) 72 NEGOTIABLE CERT OF DEPO 31.03%(M) .5694 476,720,000.00 477,003,327.68 435,830.01 284,872.90 .5658 476,728,201.99 100.0594330000 -8,159.15 SUBTOTAL (Inv Type) 73 CORP NOTE FLTG RT ACT- .80%(M) 1.1064 12,200,000.00 12,231,437.50 12,683.14 16,125.00 .9115 12,228,947.00 100.2576840000 -13,634.50 SUBTOTAL (Inv Type) 74 CERT OF DEPOSIT MED TER .15%(M) 1.5086 2,347,000.00 2,346,986.42 5,136.78 .00 1.3847 2,348,430.58 99.99942100000 -997.16 Page 4 1 CONTRA COSTA COUNTY TREASURER'S OFFICE INVESTMENT INVENTORY WITH MARKET VALUE PAGE: 2 (RPTMKT) RUN: 04/05/12 16:34:39 INVESTMENTS OUTSTANDING AS OF 03/31/12 MAJOR SORT KEY IS ICC# INVEST DESCRIPTION CUSIP BANK FUND CPN RATE PAR/SHARES MARKET VALUE CURR ACCR INT UNREALIZED GAIN NUMBER PURCHASE MATURITY DATE BROK SAFE YTM TR BOOK MARKET PRICE PRICE SOURCE UNREALIZED LOSS ------- ------------------------------- --------- ---- ------ ------- --------------- --------------- --------------- --------------- SUBTOTAL (Inv Type) 75 CORPORATE NOTES 6.00%(M) 1.8159 90,790,000.00 92,178,022.66 423,334.85 776,413.98 1.3030 91,650,008.37 101.5288280000 -145,485.19 SUBTOTAL (Inv Type) 99 MONEY MARKET ACCOUNTS .04%(M) 0.0000 565,318.32 565,318.32 .00 .00 .0000 565,318.32 100.0000000000 SUBTOTAL (Inv Type) 1000 TD WITH CALC CODE OF .00%(M) 1.4000 3,200.00 3,200.00 38.95 .00 1.4000 3,200.00 100.0000000000 ======= =============== =============== =============== =============== GRAND TOTAL .8122 1529113518.32 1537342097.35 2,745,933.08 3,002,196.67 .6739 1534655468.81 100.5381270000 -840,576.97 ======= =============== =============== =============== =============== * MARKET = BOOK LESS PURCHASE INTEREST NOTE: GRAND TOTAL EXCLUDES RETIREMENT INVESTMENTS Page 5 1 CONTRA COSTA COUNTY TREASURER'S OFFICE INVESTMENT INVENTORY WITH MARKET VALUE PAGE: 1 (RPTMKT) RUN: 04/20/12 13:28:21 INVESTMENTS OUTSTANDING AS OF 03/31/12 MAJOR SORT KEY IS ICC# INVEST DESCRIPTION CUSIP BANK FUND CPN RATE PAR/SHARES MARKET VALUE CURR ACCR INT UNREALIZED GAIN NUMBER PURCHASE MATURITY DATE BROK SAFE YTM TR BOOK MARKET PRICE PRICE SOURCE UNREALIZED LOSS ------- ------------------------------- --------- ---- ------ ------- --------------- --------------- --------------- --------------- 78335 CCCCD GOV US TREASURY NOTES 912828MR8 14 7903 2.3750 220,000.00 231,682.00 454.34 11,057.52 03/02/10 02/28/15 37 000 2.3117 220,624.48 105.3100000000 SUNGARD 78395 CCCCD GOV US TREASURY NOTES 912828MR8 14 7903 2.3750 675,000.00 710,842.50 1,394.03 39,986.01 03/30/10 02/28/15 37 000 2.5747 670,856.49 105.3100000000 SUNGARD 78717 CCCCD GOV TREASURY NOTE 912828NL0 14 7903 1.8750 527,000.00 548,554.30 2,497.46 22,027.78 07/14/10 06/30/15 37 000 1.8940 526,526.52 104.0900000000 SUNGARD 79001 CCCSIG GOV US TREAS 912828PB0 14 6911 .5000 1,025,000.00 1,027,972.50 2,366.46 2,598.21 11/03/10 10/15/13 37 000 .4840 1,025,374.29 100.2900000000 SUNGARD 79451 CCCCD GOV US TREAS 912828LK4 14 7903 2.3750 600,000.00 627,780.00 1,239.13 11,467.50 04/07/11 08/31/14 37 000 1.5500 616,312.50 104.6300000000 SUNGARD 80010 CCCSIG GOV US TREASURY NOTES 912828LC2 14 6911 2.6250 1,465,000.00 1,539,568.50 6,444.58 10/31/11 07/31/14 37 000 .4610 1,551,526.56 105.0900000000 SUNGARD -11,958.06 80190 AUHSD GOVT TREASURY NOTE 912828NS5 14 5007 .6250 990,000.00 991,287.00 1,563.88 01/03/12 06/30/12 49 000 .0453 992,872.50 100.1300000000 SUNGARD -1,534.50 80191 AUHSD GOVT TREASURY NOTE 912828RL6 14 5007 .5000 40,000.00 40,040.00 92.35 01/03/12 10/15/14 49 000 .3842 40,171.72 100.1000000000 SUNGARD -88.00 80193 AUHSD GOVT TREASURY NOTE 912828NX4 14 5007 .3750 1,295,000.00 1,296,424.50 13.26 01/03/12 09/30/12 49 000 .1168 1,297,473.45 100.1100000000 SUNGARD -1,048.95 80194 AUHSD GOVT TREASURY NOTE 912828PR5 14 5007 .6250 1,400,000.00 1,404,900.00 1,466.35 01/03/12 01/31/13 49 000 .1709 1,406,832.00 100.3500000000 SUNGARD -1,932.00 80204 AUHSD GOVT TREASURY NOTES 912828NQ9 14 5033 .6250 150,000.00 150,240.00 157.11 01/03/12 07/31/12 49 000 .0762 150,474.00 100.1600000000 SUNGARD -234.00 80205 AUHSD GOVT TREASURY NOTES 912828PR5 14 5033 .6250 40,000.00 40,140.00 41.90 01/03/12 01/31/13 49 000 .1709 40,195.20 100.3500000000 SUNGARD -55.20 80299 CCCSIG GOV TREASURY NOTE 912828MH0 14 6911 2.2500 1,660,000.00 1,740,842.00 6,259.20 01/26/12 01/31/15 37 000 .4003 1,751,883.59 104.8700000000 SUNGARD -11,041.59 80300 CCCCD GOV TREASURY NOTE 912828RX0 14 7903 .8750 300,000.00 298,440.00 663.46 01/26/12 12/31/16 37 000 .9132 299,636.72 99.48000000000 SUNGARD -1,009.22 80304 CCCSIG GOV US TREASURY NOTES 912828MH0 14 6911 2.2500 2,455,000.00 2,574,558.50 9,256.83 01/27/12 01/31/15 37 000 .3103 2,597,600.98 104.8700000000 SUNGARD -23,042.48 80305 CCCCD GOV US TREASURY NOTES 912828MH0 14 7903 2.2500 1,720,000.00 1,803,764.00 6,485.44 01/27/12 01/31/15 37 000 .3103 1,819,907.81 104.8700000000 SUNGARD -16,143.81 80343 CCCCD GOV TREASURY NOTE 912828RX0 14 7903 .8750 345,000.00 343,206.00 762.98 01/09/12 12/31/16 37 000 .8686 345,182.45 99.48000000000 SUNGARD -1,901.81 80344 CCCSIG GOV TREASURY NOTE 912828RV4 14 6911 .2500 1,000,000.00 994,000.00 737.71 01/09/12 12/15/14 37 000 .3922 996,030.15 99.40000000000 SUNGARD -1,859.38 80356 CCCSIG GOV TREASURY NOTE 912828JQ4 14 6911 2.7500 1,910,000.00 1,982,962.00 22,077.81 02/13/12 10/31/13 37 000 .2730 2,005,878.78 103.8200000000 SUNGARD -7,765.34 80373 CCCSIG GOV US TREASURY NOTES 912828LS7 14 6911 2.3750 2,450,000.00 2,569,315.00 24,457.93 02/23/12 10/31/14 37 000 .4190 2,596,147.08 104.8700000000 SUNGARD -8,448.67 80374 CCCCD GOV US TREASURY NOTES 912828KZ2 14 7903 3.2500 450,000.00 494,595.00 3,696.43 02/23/12 06/30/16 37 000 .7465 500,316.12 109.9100000000 SUNGARD -3,551.48 80432 CCCCD GOV US TREASURY NOTES 912828MR8 14 7903 2.3750 735,000.00 774,028.50 1,527.32 03/14/12 02/28/15 37 000 .5103 775,859.41 105.3100000000 SUNGARD -1,166.81 80433 CCCSIG GOV US TREASURY NOTES 912828MR8 14 6911 2.3750 4,300,000.00 4,528,330.00 8,963.23 03/14/12 02/28/15 37 000 .5103 4,539,041.44 105.3100000000 SUNGARD -6,826.25 80457 CCCCD GOV US TREASURY NOTES 912828MR8 14 7903 2.3750 395,000.00 415,974.50 815.76 03/29/12 02/28/15 37 000 .5160 417,001.39 105.3100000000 SUNGARD -287.61 Page 6 1 CONTRA COSTA COUNTY TREASURER'S OFFICE INVESTMENT INVENTORY WITH MARKET VALUE PAGE: 2 (RPTMKT) RUN: 04/20/12 13:28:21 INVESTMENTS OUTSTANDING AS OF 03/31/12 MAJOR SORT KEY IS ICC# INVEST DESCRIPTION CUSIP BANK FUND CPN RATE PAR/SHARES MARKET VALUE CURR ACCR INT UNREALIZED GAIN NUMBER PURCHASE MATURITY DATE BROK SAFE YTM TR BOOK MARKET PRICE PRICE SOURCE UNREALIZED LOSS ------- ------------------------------- --------- ---- ------ ------- --------------- --------------- --------------- --------------- 80458 CCCSIG GOV US TREASURY NOTES 912828KV1 14 6911 2.2500 3,130,000.00 3,255,200.00 23,667.41 03/29/12 05/31/14 37 000 .3792 3,279,635.08 104.0000000000 SUNGARD -1,344.92 ------- --------------- --------------- --------------- --------------- SUBTOTAL (Inv Type) 12 TREASURY NOTES 1.98%(M) 1.9776 29,277,000.00 30,384,646.80 127,102.36 87,137.02 .4955 30,463,360.71 103.7833340000 -101,240.08 ------- --------------- --------------- --------------- --------------- 80203 AUHSD GOVT FNMA FLTG RATE 31398A3X8 14 5033 .3199 350,000.00 350,328.13 54.24 01/03/12 09/13/12 49 000 .1758 350,350.00 100.0937500000 SUNGARD -21.87 80207 AUHSD GOVT FNMA FLTG RATE 31398A3X8 14 5007 .3199 600,000.00 600,562.50 93.01 01/03/12 09/13/12 49 000 .1758 600,600.00 100.0937500000 SUNGARD -37.50 ------- --------------- --------------- --------------- --------------- SUBTOTAL (Inv Type) 18 FNMA FLTG RATE ACT/360 .06%(M) .3199 950,000.00 950,890.63 147.25 .00 .1758 950,950.00 100.0937500000 -59.37 ------- --------------- --------------- --------------- --------------- 74640 WT GOV FHLB NOTES 3133XML66 14 8451 4.6250 170,000.00 174,037.50 3,734.69 3,257.20 10/22/07 10/10/12 17 000 4.5201 170,780.30 102.3750000000 SUNGARD 76507 RM GOV FHLB NOTES 3133XCTG8 14 8169 4.5000 4,895,000.00 4,988,310.94 10,401.88 14,795.14 10/20/08 09/14/12 16 000 4.0502 4,973,515.80 101.9062500000 SUNGARD 77422 RM GOV FHLB NOTES 3133XTGT7 14 8169 1.9500 4,080,000.00 4,082,550.00 37,128.00 04/15/09 04/13/12 17 000 1.8001 4,097,748.00 100.0625000000 SUNGARD -15,198.00 77572 RM GOV FHLB NOTES 3133XTXC5 14 8167 2.2500 2,000,000.00 2,008,125.00 13,750.00 8,125.00 06/12/09 06/11/12 16 000 2.2500 2,000,000.00 100.4062500000 SUNGARD 77686 RM GOV FHLB NOTES 3133XUCX9 14 8167 1.8750 2,500,000.00 2,513,281.25 8,854.16 16,556.25 07/24/09 07/23/12 17 000 1.9201 2,496,725.00 100.5312500000 SUNGARD 77728 RM GOV FHLB NOTES 3133XTS49 14 8169 1.8750 3,000,000.00 3,011,250.00 15,781.25 16,710.00 08/07/09 06/20/12 17 000 1.9402 2,994,540.00 100.3750000000 SUNGARD 77824 RM GOV FHLB NOTES 3133XUUJ0 14 8167 1.6250 2,515,000.00 2,533,076.56 19,299.14 25,143.71 09/11/09 09/26/12 29 000 1.7201 2,507,932.85 100.7187500000 SUNGARD 77988 WT GOV FHLB NOTES 3133XUMR1 14 8451 3.2500 165,000.00 175,776.56 297.91 6,479.96 10/28/09 09/12/14 16 000 2.6754 169,296.60 106.5312500000 SUNGARD 78350 RM GOV FHLB NOTES 3133XWX87 14 8167 1.7500 2,500,000.00 2,532,812.50 2,795.13 30,687.50 03/12/10 03/08/13 17 000 1.7202 2,502,125.00 101.3125000000 SUNGARD 78467 WT GOV FHLB NOTES 3133XWX95 14 8451 2.7500 170,000.00 180,412.50 233.74 10,033.40 04/19/10 03/13/15 17 000 2.7001 170,379.10 106.1250000000 SUNGARD 78542 RM GOV FHLB NOTES 3133XWKV0 14 8169 2.3750 6,960,000.00 7,227,525.00 7,805.83 188,389.80 05/12/10 03/14/14 17 000 2.0650 7,039,135.20 103.8437500000 SUNGARD 78630 RM GOV FHLB NOTES 3133XYHD0 14 8167 1.6250 3,930,000.00 3,993,862.50 18,981.35 50,893.50 06/11/10 06/14/13 16 000 1.5120 3,942,969.00 101.6250000000 SUNGARD 78631 RM GOV FHLB NOTES 3133XWE70 14 8169 2.5000 2,900,000.00 3,027,781.25 21,750.01 70,013.25 06/11/10 06/13/14 17 000 1.9802 2,957,768.00 104.4062500000 SUNGARD 78816 RM GOV FHLB NOTE 3133XUE41 14 8171 1.7500 2,445,000.00 2,460,281.25 4,635.32 08/27/10 08/22/12 29 000 .6594 2,497,529.28 100.6250000000 SUNGARD -37,248.03 79123 RM GOV FHLB NOTES 313371W51 14 8169 1.2500 6,075,000.00 6,162,328.13 22,992.23 165,574.13 12/10/10 12/12/14 29 000 1.5830 5,996,754.00 101.4375000000 SUNGARD 79124 RM GOV FHLB NOTES 3133XVVH1 14 8167 2.0200 1,940,000.00 1,992,743.75 14,042.37 12/10/10 11/22/13 17 000 1.0701 1,993,369.40 102.7187500000 SUNGARD -625.65 Page 7 1 CONTRA COSTA COUNTY TREASURER'S OFFICE INVESTMENT INVENTORY WITH MARKET VALUE PAGE: 3 (RPTMKT) RUN: 04/20/12 13:28:21 INVESTMENTS OUTSTANDING AS OF 03/31/12 MAJOR SORT KEY IS ICC# INVEST DESCRIPTION CUSIP BANK FUND CPN RATE PAR/SHARES MARKET VALUE CURR ACCR INT UNREALIZED GAIN NUMBER PURCHASE MATURITY DATE BROK SAFE YTM TR BOOK MARKET PRICE PRICE SOURCE UNREALIZED LOSS ------- ------------------------------- --------- ---- ------ ------- --------------- --------------- --------------- --------------- 79130 RM GOV FHLB NOTES 31339X2M5 14 8167 3.8750 1,870,000.00 1,950,643.75 21,537.47 06/22/10 06/14/13 11 000 1.2866 2,010,960.60 104.3125000000 SUNGARD -60,316.85 79131 RM GOV FHLB NOTES 3133XWE70 14 8169 2.5000 4,885,000.00 5,100,245.31 36,637.50 107,042.56 06/21/10 06/13/14 16 000 1.9189 4,993,202.75 104.4062500000 SUNGARD 79714 CCCCD GOV FHLB TAP ISSUE 3133XSP93 14 7903 3.1250 300,000.00 313,968.75 2,812.50 06/29/11 12/13/13 10 000 .7578 317,244.00 104.6562500000 SUNGARD -3,275.25 79715 CCCSIG GOV FHLB TAP ISSUE 3133XSP93 14 6911 3.1250 1,820,000.00 1,904,743.75 17,062.50 06/29/11 12/13/13 10 000 .7578 1,924,613.60 104.6562500000 SUNGARD -19,869.85 79859 CCCSIG GOV FHLB NOTES 313374Y61 14 6911 .5000 1,540,000.00 1,543,850.00 705.83 5,990.60 07/21/11 08/28/13 37 000 .5669 1,537,859.40 100.2500000000 SUNGARD 79950 RM GOV FHLB NOTES 313375WG8 14 8168 .2000 300,000.00 300,093.75 293.33 123.75 10/13/11 10/05/12 37 000 .2102 299,983.33 100.0312500000 SUNGARD 80031 CCCSIG GOV FHLB NOTES 3133762C8 14 6911 .3750 2,365,000.00 2,365,739.06 3,054.80 5,445.41 11/15/11 11/27/13 37 000 .4735 2,360,293.65 100.0312500000 SUNGARD 80032 CCCCD GOV FHLB NOTES 3133762C8 14 7903 .3750 760,000.00 760,237.50 981.66 1,749.90 11/15/11 11/27/13 37 000 .4735 758,487.60 100.0312500000 SUNGARD 80088 CCCSIG GOV FHLB NOTES 3133762C8 14 6911 .3750 4,895,000.00 4,896,529.69 6,322.71 8,333.74 11/30/11 11/27/13 37 000 .4452 4,888,348.92 100.0312500000 SUNGARD 80197 CCCCD GOV FHLB NOTES 3133762C8 14 7903 .3750 555,000.00 555,173.44 716.87 944.89 11/30/11 11/27/13 37 000 .4452 554,245.89 100.0312500000 SUNGARD 80199 AUHSD GOVT FHLB 313373JR4 14 5033 1.3750 50,000.00 51,062.50 234.90 99.00 01/03/12 05/28/14 49 000 .5663 51,030.34 102.1250000000 SUNGARD 80270 CCCSIG GOV FHLB NOTES 3133762C8 14 6911 .3750 2,400,000.00 2,400,750.00 3,100.00 01/12/12 11/27/13 37 000 .3434 2,402,541.00 100.0312500000 SUNGARD -666.00 80271 CCCCD GOV FHLB NOTES 3133762C8 14 7903 .3750 900,000.00 900,281.25 1,162.51 01/12/12 11/27/13 37 000 .3376 901,050.98 100.0312500000 SUNGARD -347.85 80361 CCCSIG GOV FHLB NOTES 313376UF0 14 6911 .3750 1,685,000.00 1,684,473.44 1,246.20 02/07/12 01/29/14 37 000 .3080 1,687,522.59 99.96875000000 SUNGARD -2,750.76 ------- --------------- --------------- --------------- --------------- SUBTOTAL (Inv Type) 22 FEDERAL HOME LOAN BANKS 4.67%(M) 1.8977 70,570,000.00 71,791,946.88 298,351.79 736,388.69 1.5862 71,197,952.18 101.7315390000 -140,298.24 ------- --------------- --------------- --------------- --------------- 75459 WT GOV FNMA NOTES 31359MQV8 14 8451 4.7500 165,000.00 171,548.44 870.83 04/02/08 02/21/13 17 000 3.5302 173,954.55 103.9687500000 SUNGARD -2,406.11 76489 WT GOV FNMA NOTES 31359MSL8 14 8451 4.3750 160,000.00 168,300.00 1,438.89 4,828.00 10/14/08 07/17/13 17 000 3.8701 163,472.00 105.1875000000 SUNGARD 78483 RM GOV FNMA NOTES 31398AWK4 14 8169 1.8750 4,000,000.00 4,003,750.00 33,541.67 04/20/10 04/20/12 11 000 1.0769 4,063,000.00 100.0937500000 SUNGARD -59,250.00 78840 CCCCD GOV FNMA NOTES 31398AU34 14 7903 2.3750 730,000.00 769,693.75 3,034.06 16,143.95 09/07/10 07/28/15 37 000 1.6850 753,549.80 105.4375000000 SUNGARD 78851 RM GOV FNMA NOTES 31398AX31 14 8169 1.2500 2,479,000.00 2,509,987.50 3,529.13 11,973.57 09/10/10 08/20/13 29 000 .9850 2,498,013.93 101.2500000000 SUNGARD 79350 RM GOV FNMA NOTES 3135G0AK9 14 8171 .7500 1,895,000.00 1,903,882.81 1,381.74 15,193.16 02/07/11 02/26/13 29 000 .9141 1,888,689.65 100.4687500000 SUNGARD 79569 RM GOV FNMA NOTES 31359MA45 14 8169 5.0000 4,406,000.00 4,978,780.00 101,582.78 05/16/11 04/15/15 29 000 1.5552 4,980,101.80 113.0000000000 SUNGARD -1,321.80 Page 8 1 CONTRA COSTA COUNTY TREASURER'S OFFICE INVESTMENT INVENTORY WITH MARKET VALUE PAGE: 4 (RPTMKT) RUN: 04/20/12 13:28:21 INVESTMENTS OUTSTANDING AS OF 03/31/12 MAJOR SORT KEY IS ICC# INVEST DESCRIPTION CUSIP BANK FUND CPN RATE PAR/SHARES MARKET VALUE CURR ACCR INT UNREALIZED GAIN NUMBER PURCHASE MATURITY DATE BROK SAFE YTM TR BOOK MARKET PRICE PRICE SOURCE UNREALIZED LOSS ------- ------------------------------- --------- ---- ------ ------- --------------- --------------- --------------- --------------- 79716 CCCCD GOV FNMA NOTES 31398A5W8 14 7903 .7500 525,000.00 528,609.38 1,126.56 3,635.63 06/29/11 12/18/13 37 000 .7520 524,973.75 100.6875000000 SUNGARD 79717 CCCSIG GOV FNMA NOTES 31398A5W8 14 6911 .7500 2,130,000.00 2,144,643.75 4,570.64 14,750.25 06/29/11 12/18/13 37 000 .7520 2,129,893.50 100.6875000000 SUNGARD 79771 CCCSIG GOV FNMA NOTES 31398A5W8 14 6911 .7500 905,000.00 911,221.88 1,941.98 3,543.08 08/03/11 12/18/13 37 000 .6242 907,678.80 100.6875000000 SUNGARD 79772 CCCCD GOV FNMA NOTES 31398A5W8 14 7903 .7500 270,000.00 271,856.25 579.39 1,057.05 08/03/11 12/18/13 37 000 .6242 270,799.20 100.6875000000 SUNGARD 79774 CCCSIG GOV FNMA NOTES 31359MTG8 14 6911 4.6250 2,580,000.00 2,749,312.50 55,022.08 08/03/11 10/15/13 37 000 .5693 2,808,422.88 106.5625000000 SUNGARD -59,110.38 79848 CCCCD GOV FNMA NOTES 31359MA45 14 7903 5.0000 350,000.00 395,500.00 8,069.44 08/29/11 04/15/15 37 000 .7490 403,147.50 113.0000000000 SUNGARD -7,647.50 79869 RM GOV FNMA NOTES 3136FPBB2 14 8167 2.2500 898,000.00 941,216.25 2,020.50 09/09/11 08/25/15 17 000 .8502 946,860.18 104.8125000000 SUNGARD -5,643.93 79870 RM GOV FNMA NOTES 3136FPBB2 14 8169 2.2500 2,692,000.00 2,821,552.50 6,057.00 09/09/11 08/25/15 17 000 .8502 2,838,471.72 104.8125000000 SUNGARD -16,919.22 79920 CCCCD GOV FNMA NOTES 31398A4M1 14 7903 1.6250 700,000.00 721,000.00 4,897.57 2,093.00 09/27/11 10/26/15 37 000 .9486 718,907.00 103.0000000000 SUNGARD 79947 RM GOV FNMA NOTES 31398A3T7 14 8169 2.0000 3,605,000.00 3,740,187.50 2,002.78 16,114.35 10/13/11 09/21/15 17 000 1.1400 3,724,073.15 103.7500000000 SUNGARD 80020 WT GOV FNMA NOTES 3135G0CM3 14 8451 1.2500 173,000.00 173,973.13 18.02 236.15 11/09/11 09/28/16 17 000 1.1600 173,736.98 100.5625000000 SUNGARD 80095 CCCSIG GOV FNMA NOTES 31398AXJ6 14 6911 2.5000 2,480,000.00 2,590,825.00 23,422.22 18.60 11/23/11 05/15/14 37 000 .6785 2,592,184.18 104.4687500000 SUNGARD 80110 GOV FNMA CALLABLE NOTES 3135G0FZ1 14 8177 1.0000 10,000,000.00 10,006,250.00 32,222.22 11,250.00 12/05/11 12/05/14 7 000 1.0170 9,995,000.00 100.0625000000 SUNGARD 80118 RM GOV FNMA NOTES 31398A4M1 14 8169 1.6250 6,000,000.00 6,180,000.00 41,979.16 12,900.00 12/09/11 10/26/15 29 000 .8931 6,178,745.83 103.0000000000 SUNGARD 80145 GOV FNMA NOTES 3135G0GP2 14 8177 .7500 10,000,000.00 10,003,125.00 21,250.00 3,125.00 12/19/11 12/19/14 7 000 .7500 10,000,000.00 100.0312500000 SUNGARD 80201 AUHSD GOVT FNMA 3135G0AP8 14 5033 1.2500 90,000.00 91,631.25 106.25 364.95 01/03/12 02/27/14 49 000 .5904 91,266.30 101.8125000000 SUNGARD 80202 AUHSD GOVT FNMA 31398A2S0 14 5033 1.0000 300,000.00 302,812.50 66.67 01/03/12 09/23/13 49 000 .4143 303,012.00 100.9375000000 SUNGARD -199.50 80241 AUHSD GOVT FNMA 3135G0DE0 14 5007 .5000 300,000.00 300,000.00 50.00 282.00 01/03/12 09/19/13 49 000 .5552 299,718.00 100.0000000000 SUNGARD 80242 AUHSD GOVT FNMA 31359MRG0 14 5007 4.3750 90,000.00 93,543.75 175.00 01/03/12 03/15/13 49 000 .2630 94,430.70 103.9375000000 SUNGARD -886.95 80281 RM GOV FNMA NOTES 3135G0AL7 14 8169 2.2500 4,035,000.00 4,221,618.75 4,035.00 01/23/12 03/15/16 17 000 1.0002 4,239,211.35 104.6250000000 SUNGARD -17,592.60 ------- --------------- --------------- --------------- --------------- SUBTOTAL (Inv Type) 23 FEDERAL NATIONAL MORTGA 4.14%(M) 1.8845 61,958,000.00 63,694,821.89 354,991.58 117,508.74 .9623 63,761,314.75 102.8032250000 -170,977.99 ------- --------------- --------------- --------------- --------------- 77421 WT GOV FFCB NOTES 31331TWZ0 14 8451 4.3000 155,000.00 166,140.63 351.76 04/15/09 03/12/14 16 000 2.4502 168,181.20 107.1875000000 SUNGARD -2,040.57 Page 9 1 CONTRA COSTA COUNTY TREASURER'S OFFICE INVESTMENT INVENTORY WITH MARKET VALUE PAGE: 5 (RPTMKT) RUN: 04/20/12 13:28:21 INVESTMENTS OUTSTANDING AS OF 03/31/12 MAJOR SORT KEY IS ICC# INVEST DESCRIPTION CUSIP BANK FUND CPN RATE PAR/SHARES MARKET VALUE CURR ACCR INT UNREALIZED GAIN NUMBER PURCHASE MATURITY DATE BROK SAFE YTM TR BOOK MARKET PRICE PRICE SOURCE UNREALIZED LOSS ------- ------------------------------- --------- ---- ------ ------- --------------- --------------- --------------- --------------- ------- --------------- --------------- --------------- --------------- SUBTOTAL (Inv Type) 27 FEDERAL FARM CREDIT BAN .01%(M) 4.3000 155,000.00 166,140.63 351.76 .00 2.4502 168,181.20 107.1875000000 -2,040.57 ------- --------------- --------------- --------------- --------------- 79618 PW GOV FHLMC DISC 313396XM0 14 1392 .1900 16,030,000.00 16,029,474.57 25,634.65 4,466.13 06/03/11 05/30/12 17 000 .1904 15,999,373.79 99.99672222222 SUNGARD 79619 PW GOV FHLMC DISC 313396XM0 14 1114 .1900 5,010,000.00 5,009,835.78 8,011.82 1,395.84 06/03/11 05/30/12 17 000 .1904 5,000,428.12 99.99672222222 SUNGARD 79647 RM GOV FHLMC DISC 313396WY5 14 8168 .1900 250,000.00 249,993.61 410.35 54.30 05/26/11 05/17/12 17 000 .1904 249,528.96 99.99744444444 SUNGARD 80232 MET GOVT FHLMC DISCO 313396VU4 14 8138 .0200 4,000,000.00 3,999,960.00 184.44 01/09/12 04/19/12 17 000 .0200 3,999,775.56 99.99900000000 SUNGARD .00 80269 RM GOV FHLMC DISC 313396VU4 14 8171 .0300 1,992,000.00 1,991,980.08 132.80 9.96 01/12/12 04/19/12 17 000 .0300 1,991,837.32 99.99900000000 SUNGARD 80369 RM GOV FHLMC DISC NOTES 313397BW0 14 8170 0.0000 997,000.00 995,753.75 220.07 247.41 02/16/12 02/14/13 17 000 .1703 995,295.63 99.87500000000 SUNGARD ------- --------------- --------------- --------------- --------------- SUBTOTAL (Inv Type) 28 FEDERAL HOME LOAN MORTG 1.84%(M) .1479 28,279,000.00 28,276,997.79 34,594.13 6,173.64 .1542 28,236,239.38 99.99292000000 ------- --------------- --------------- --------------- --------------- 78482 RM GOV FHLMC NOTES 3137EACJ6 14 8169 1.6250 3,998,000.00 4,054,221.88 29,957.26 62,298.84 04/20/10 04/15/13 29 000 1.6769 3,991,923.04 101.4062500000 SUNGARD 78760 RM GOV FHLMC NOTES 3134A4UU6 14 8169 5.0000 1,765,000.00 1,945,912.50 18,630.56 07/28/10 07/15/14 29 000 1.5749 1,996,409.15 110.2500000000 SUNGARD -50,496.65 78768 RM GOV FHLMC NOTES 3134A4UU6 14 8169 5.0000 4,418,000.00 4,870,845.00 46,634.44 08/02/10 07/15/14 29 000 1.3620 5,034,443.54 110.2500000000 SUNGARD -163,598.54 78850 RM GOV FHLMC NOTES 3137EACD9 14 8169 3.0000 2,340,000.00 2,485,518.75 12,285.00 09/10/10 07/28/14 17 000 1.3300 2,487,402.71 106.2187500000 SUNGARD -1,883.96 78867 WT GOV FHLMC NOTES 3137EACM9 14 8451 1.7500 170,000.00 175,631.25 173.54 4,983.55 09/14/10 09/10/15 29 000 1.6701 170,647.70 103.3125000000 SUNGARD 78935 CCCSIG GOV FHLMC 3137EABS7 14 6911 4.1250 1,150,000.00 1,214,687.50 527.08 10/07/10 09/27/13 37 000 .8351 1,238,690.01 105.6250000000 SUNGARD -24,002.51 78937 CCCCD GOV FHLMC NOTE 3137EACM9 14 7903 1.7500 755,000.00 780,009.38 770.73 17,237.47 10/07/10 09/10/15 37 000 1.5269 762,771.91 103.3125000000 SUNGARD 79198 RM GOV FHLMC NOTES 3134G1P65 14 8171 .7500 3,494,000.00 3,508,194.38 6,769.63 9,861.82 01/04/11 12/28/12 16 000 .6869 3,498,332.56 100.4062500000 SUNGARD 79284 CCCCD GOV FHLMC NOTES 3137EACD9 14 7903 3.0000 1,150,000.00 1,221,515.63 6,037.50 13,509.63 02/04/11 07/28/14 37 000 1.5081 1,208,006.00 106.2187500000 SUNGARD 79289 RM GOV FHLMC NOTE 3137EACR8 14 8167 1.3750 3,915,000.00 3,998,193.75 5,383.13 98,109.90 02/07/11 02/25/14 29 000 1.5028 3,900,083.85 102.1250000000 SUNGARD 79309 GOV FHLMC CALLABLE NO 3134G1C36 14 8177 1.0000 10,000,000.00 10,090,625.00 27,222.22 230,625.00 02/14/11 12/23/13 29 000 1.5021 9,860,000.00 100.9062500000 SUNGARD 79321 RM GOV FHLMC NOTES 3137EACH0 14 8169 2.8750 5,800,000.00 6,175,187.50 24,086.11 182,221.50 02/18/11 02/09/15 17 000 2.0000 5,992,966.00 106.4687500000 SUNGARD 79343 WT GOV FHLMC NOTES 3134A4ZT4 14 8451 4.7500 155,000.00 177,184.38 1,472.50 4,917.38 02/25/11 01/19/16 17 000 2.3306 172,267.00 114.3125000000 SUNGARD Page 10 1 CONTRA COSTA COUNTY TREASURER'S OFFICE INVESTMENT INVENTORY WITH MARKET VALUE PAGE: 6 (RPTMKT) RUN: 04/20/12 13:28:21 INVESTMENTS OUTSTANDING AS OF 03/31/12 MAJOR SORT KEY IS ICC# INVEST DESCRIPTION CUSIP BANK FUND CPN RATE PAR/SHARES MARKET VALUE CURR ACCR INT UNREALIZED GAIN NUMBER PURCHASE MATURITY DATE BROK SAFE YTM TR BOOK MARKET PRICE PRICE SOURCE UNREALIZED LOSS ------- ------------------------------- --------- ---- ------ ------- --------------- --------------- --------------- --------------- 79367 RM GOV FHLMC NOTES 3137EACH0 14 8169 2.8750 5,006,000.00 5,329,825.63 20,788.81 129,042.17 03/11/11 02/09/15 29 000 1.8391 5,200,783.46 106.4687500000 SUNGARD 79501 MDUSD GOV FHLMC NOTES 3128X23A1 14 7530 4.5000 45,000.00 48,585.94 1,006.89 04/21/11 04/02/14 11 000 1.2700 49,191.30 107.9687500000 SUNGARD -605.36 79566 PW GOV FHLMC NOTES 3134G2CL4 14 1388 1.3500 1,610,000.00 1,640,690.63 9,177.00 17,005.63 05/13/11 04/29/14 29 000 1.0576 1,623,685.00 101.9062500000 SUNGARD 79726 CCCSIG GOV FHLMC 3137EACV9 14 6911 1.0000 880,000.00 891,275.00 831.12 12,921.28 07/05/11 08/27/14 37 000 1.0630 878,353.72 101.2812500000 SUNGARD 79850 CCCSIG GOV FHLMC 3134G2WG3 14 6911 .7500 4,000,000.00 4,022,500.00 749.99 1,540.00 08/31/11 09/22/14 37 000 .5769 4,020,960.00 100.5625000000 SUNGARD 79858 CCCCD GOV FHLMC 3137EACV9 14 7903 1.0000 1,000,000.00 1,012,812.50 944.43 08/15/11 08/27/14 37 000 .5249 1,014,280.00 101.2812500000 SUNGARD -1,467.50 79928 CCCSIG GOV FHLMC 3134G2WG3 14 6911 .7500 1,010,000.00 1,015,681.25 189.38 3,746.66 09/30/11 09/22/14 37 000 .6820 1,011,934.59 100.5625000000 SUNGARD 79930 CCCCD GOV FHLM 3137EACM9 14 7903 1.7500 680,000.00 702,525.00 694.17 1,744.20 09/30/11 09/10/15 37 000 .9586 700,780.80 103.3125000000 SUNGARD 80132 CCCCD GOV FHLMC NOTES 3137EACU1 14 7903 1.0000 445,000.00 450,840.63 754.03 1,359.48 12/14/11 07/30/14 37 000 .6130 449,481.15 101.3125000000 SUNGARD 80144 GOV FHLMC STRUCTURED NOT 3134G3ES5 14 8177 .6250 10,000,000.00 10,009,375.00 17,708.33 9,375.00 12/19/11 12/19/14 6 000 .6250 10,000,000.00 100.0937500000 SUNGARD 80149 CCCCD GOV FHLMC NOTES 3134G3BF6 14 7903 .6250 875,000.00 878,281.25 1,488.71 751.62 12/21/11 12/23/13 37 000 .4800 877,529.63 100.3750000000 SUNGARD 80150 CCCSIG GOV FHLMC NOTES 3134G3BF6 14 6911 .6250 3,935,000.00 3,949,756.25 6,694.97 3,380.16 12/21/11 12/23/13 37 000 .4800 3,946,376.09 100.3750000000 SUNGARD 80153 GOV FHLMC CALLABLE NOTES 3134G3EN6 14 8177 1.0000 10,000,000.00 10,006,250.00 25,277.78 6,250.00 12/30/11 06/30/15 17 000 1.0000 10,000,000.00 100.0625000000 SUNGARD 80183 AUHSD GOVT FHLMC NOTES 3134G2WG3 14 5007 .7500 500,000.00 502,812.50 93.75 1,362.50 01/03/12 09/22/14 49 000 .6422 501,450.00 100.5625000000 SUNGARD 80184 AUHSD GOVT FHLMC NOTES 3134G2YJ5 14 5007 .5000 190,000.00 189,881.25 31.67 605.15 01/03/12 09/19/14 49 000 .6419 189,276.10 99.93750000000 SUNGARD 80192 AUHSD GOVT FHLMC NOTE 3137EACL1 14 5007 .8750 1,570,000.00 1,582,756.25 5,838.44 996.95 01/03/12 10/28/13 49 000 .4611 1,584,239.68 100.8125000000 SUNGARD 80196 AUHSD GOVT FHLMC NOTES 3137EACZ0 14 5007 .3750 1,010,000.00 1,010,315.63 1,578.12 2,345.73 01/03/12 11/27/13 49 000 .4814 1,008,622.19 100.0312500000 SUNGARD 80200 AUHSD GOVT FHLMC 3134G2YJ5 14 5033 .5000 110,000.00 109,931.25 18.33 350.35 01/03/12 09/19/14 49 000 .6419 109,580.90 99.93750000000 SUNGARD 80206 AUHSD GOVT FHLMC NOTES 3137EACS6 14 5033 .7500 40,000.00 40,200.00 2.50 01/03/12 03/28/13 49 000 .3054 40,219.20 100.5000000000 SUNGARD -19.20 80276 RM GOV FHLMC NOTES 3137EADA4 14 8169 .6250 4,473,000.00 4,479,989.06 8,153.91 01/18/12 12/29/14 17 000 .5202 4,489,172.38 100.1562500000 SUNGARD -6,698.32 80293 GOV FHLMC CALLABLE NOTE 3134G3EU0 14 8177 .6000 10,000,000.00 10,003,125.00 15,666.67 3,125.00 12/27/11 12/27/13 7 000 .6000 10,000,000.00 100.0312500000 SUNGARD 80306 CCCSIG GOV FHLMC NT 3137EACB3 14 6911 2.5000 1,450,000.00 1,512,531.25 15,909.72 01/27/12 04/23/14 37 000 .4339 1,526,136.28 104.3125000000 SUNGARD -4,139.75 80411 WT GOV FHLMC NOT 3137EADC0 14 8451 1.0000 170,000.00 167,662.50 108.61 03/12/12 03/08/17 17 000 1.1201 169,031.19 98.62500000000 SUNGARD -1,349.80 ------- --------------- --------------- --------------- --------------- SUBTOTAL (Inv Type) 29 FHLMC NOTES 6.52%(M) 1.5490 98,109,000.00 100,255,330.67 313,657.03 819,666.97 1.0636 99,705,027.13 102.1877000000 -254,261.59 Page 11 1 CONTRA COSTA COUNTY TREASURER'S OFFICE INVESTMENT INVENTORY WITH MARKET VALUE PAGE: 7 (RPTMKT) RUN: 04/20/12 13:28:21 INVESTMENTS OUTSTANDING AS OF 03/31/12 MAJOR SORT KEY IS ICC# INVEST DESCRIPTION CUSIP BANK FUND CPN RATE PAR/SHARES MARKET VALUE CURR ACCR INT UNREALIZED GAIN NUMBER PURCHASE MATURITY DATE BROK SAFE YTM TR BOOK MARKET PRICE PRICE SOURCE UNREALIZED LOSS ------- ------------------------------- --------- ---- ------ ------- --------------- --------------- --------------- --------------- 80092 CCCSIG MUNI SAN FRANCIS 797646PU4 14 6911 5.0000 730,000.00 809,329.10* 12,268.06 0.00 11/30/11 06/15/14 37 000 .6800 809,329.10 110.8670000000 BOOK 80094 CCCCD MUNI SAN FRANCISCO CA 797646PV2 14 7903 5.0000 400,000.00 455,084.00* 6,722.22 0.00 11/30/11 06/15/15 37 000 1.0302 455,084.00 113.7710000000 BOOK 80198 AUHSD MUNI COMPTON CA CNTY REDE 204712FD0 14 5033 0.0000 10,000.00 7,453.00* .00 0.00 01/03/12 08/01/16 49 000 6.5258 7,453.00 74.53000000000 BOOK 80208 AUHSD MUNI CHICAGO IL PREFUND 167486JB6 14 5055 5.0000 170,000.00 197,776.30* 2,125.00 0.00 01/03/12 01/01/17 49 000 1.4858 197,823.52 116.3390000000 BOOK 80209 AUHSD MUNI CHICAGO IL UNREF 167486JC4 14 5055 5.0000 390,000.00 434,514.60* 4,875.00 0.00 01/03/12 01/01/17 49 000 2.4356 434,622.93 111.4140000000 BOOK 80210 AUHSD MUNI WASHINGTON ST SER D 93974B3K6 14 5055 5.0000 600,000.00 728,724.00* 7,500.00 0.00 01/03/12 01/01/18 49 000 1.1696 728,890.67 121.4540000000 BOOK 80211 AUHSD MUNI FORT WORTH TX GEN 349425F78 14 5055 4.0000 460,000.00 494,270.00* 1,533.33 0.00 01/03/12 03/01/14 49 000 .5080 494,270.00 107.4500000000 BOOK 80212 AUHSD MUNI MECKLENBURG COUNTY N 584002NF2 14 5055 5.0000 435,000.00 458,881.50* 1,812.50 0.00 01/03/12 03/01/13 49 000 .2535 458,881.50 105.4900000000 BOOK 80213 AUHSD MUNI SOUTH BEND IN CMNTY 836496NW5 14 5055 5.0000 505,000.00 572,180.15* 5,330.56 0.00 01/03/12 01/15/16 49 000 1.5822 572,180.15 113.3030000000 BOOK 80214 AUHSD MUNI PENNSYLVANIA ST FIRS 70914PHZ8 14 5055 5.0000 505,000.00 572,846.75* 1,122.22 0.00 01/03/12 03/15/15 49 000 .7433 572,846.75 113.4350000000 BOOK 80215 AUHSD MUNI WICOMICO CNTY MD 967545R89 14 5055 3.5000 390,000.00 437,794.50* 4,550.00 0.00 01/03/12 12/01/18 49 000 1.6184 439,007.83 112.2550000000 BOOK ------- --------------- --------------- --------------- --------------- SUBTOTAL (Inv Type) 31 MUNICIPAL BONDS .34%(M) 4.7701 4,595,000.00 5,168,853.90 47,838.89 .00 1.0988 5,170,389.45 112.4886590000 ------- --------------- --------------- --------------- --------------- 79564 PW GOV FNMA DISC 313588WH4 14 1123 .2000 1,503,000.00 1,503,000.00 2,705.40 258.85 05/13/11 05/02/12 17 000 .2004 1,500,035.75 100.0000000000 SUNGARD 79565 PW GOV FNMA DISC 313588WH4 14 1388 .2000 1,628,000.00 1,628,000.00 2,930.40 280.38 05/13/11 05/02/12 17 000 .2004 1,624,789.22 100.0000000000 SUNGARD 79697 CLT GOV FNMA DISC NOTES 313588YD1 14 1207 .1900 253,000.00 253,000.00 372.54 100.15 06/27/11 06/15/12 17 000 .1904 252,527.31 100.0000000000 SUNGARD 79882 CDD GOV FNMA DISC 313588E92 14 4695 .1800 2,245,000.00 2,244,298.44 2,245.00 1,083.21 09/14/11 09/07/12 17 000 .1803 2,240,970.23 99.96875000000 SUNGARD 80179 RM FNMA DISC NOTE 313588T39 14 8168 .1100 371,000.00 370,652.19 107.69 12/28/11 12/14/12 17 000 .1101 370,600.97 99.90625000000 SUNGARD -56.47 80396 MTC GOV FNMA DISC NOTES 313588YJ8 14 8138 0.0000 2,000,000.00 2,000,000.00 120.00 355.56 03/05/12 06/20/12 17 000 .0800 1,999,524.44 100.0000000000 SUNGARD ------- --------------- --------------- --------------- --------------- SUBTOTAL (Inv Type) 41 FNMA DISCOUNT NOTES .52%(M) .1398 8,000,000.00 7,998,950.63 8,481.03 2,078.15 .1601 7,988,447.92 99.98688300000 -56.47 ------- --------------- --------------- --------------- --------------- 80478 MTC GOV FHLB DISC NOTES 313384WZ8 14 8138 .0450 3,000,000.00 2,999,921.67 7.50 97.92 03/30/12 05/18/12 17 000 .0450 2,999,816.25 99.99738888889 SUNGARD * MARKET = BOOK LESS PURCHASE INTEREST Page 12 1 CONTRA COSTA COUNTY TREASURER'S OFFICE INVESTMENT INVENTORY WITH MARKET VALUE PAGE: 8 (RPTMKT) RUN: 04/20/12 13:28:21 INVESTMENTS OUTSTANDING AS OF 03/31/12 MAJOR SORT KEY IS ICC# INVEST DESCRIPTION CUSIP BANK FUND CPN RATE PAR/SHARES MARKET VALUE CURR ACCR INT UNREALIZED GAIN NUMBER PURCHASE MATURITY DATE BROK SAFE YTM TR BOOK MARKET PRICE PRICE SOURCE UNREALIZED LOSS ------- ------------------------------- --------- ---- ------ ------- --------------- --------------- --------------- --------------- ------- --------------- --------------- --------------- --------------- SUBTOTAL (Inv Type) 43 FHLB DISCOUNT NOTES .20%(M) .0450 3,000,000.00 2,999,921.67 7.50 97.92 .0450 2,999,816.25 99.99738900000 ------- --------------- --------------- --------------- --------------- 80459 REPO BANK OF AMERICA 2 8177 .0300 80,000,000.00 80,000,000.00* 133.33 0.00 03/30/12 04/02/12 11 100 .0300 80,000,000.00 100.0000000000 BOOK ------- --------------- --------------- --------------- --------------- SUBTOTAL (Inv Type) 61 REPURCHASE AGREEMENTS 5.20%(M) .0300 80,000,000.00 80,000,000.00 133.33 .00 .0300 80,000,000.00 100.0000000000 ------- --------------- --------------- --------------- --------------- 79973 CCCSD CP BNP PARIBAS 0556N0DL6 14 3407 .8000 2,500,000.00 2,499,670.14 9,111.11 725.70 10/20/11 04/20/12 10 000 .8033 2,489,833.33 99.98680555556 SUNGARD 80080 PW CP UBS FINANCE DE 90262CF10 14 1123 .7500 1,505,000.00 1,504,107.45 3,825.21 1,020.05 12/01/11 06/01/12 29 000 .7529 1,499,262.19 99.94069444444 SUNGARD 80091 CP NORDEA NORTH AM 6555P0DG1 14 8177 .5300 25,000,000.00 24,997,395.83 45,270.84 2,916.66 11/30/11 04/16/12 17 000 .5311 24,949,208.33 99.98958333333 SUNGARD 80100 CP ABBEY NATIONAL NA 0027A0DG3 14 8177 .6800 25,000,000.00 24,997,395.83 55,722.23 4,479.16 12/05/11 04/16/12 17 000 .6817 24,937,194.44 99.98958333333 SUNGARD 80101 CP BNP PARIBAS 0556N0DR3 14 8177 .7800 20,000,000.00 19,996,666.67 51,133.33 7,066.67 12/05/11 04/25/12 10 000 .7824 19,938,466.67 99.98333333333 SUNGARD 80102 CP BNP PARIBAS 0556N0DG7 14 8177 .7800 25,000,000.00 24,997,395.83 63,916.67 5,520.83 12/05/11 04/16/12 10 000 .7823 24,927,958.33 99.98958333333 SUNGARD 80114 CP UNION BANK OF CALIFORNIA 90526MDG9 14 8177 .4000 25,000,000.00 24,997,395.83 31,666.66 1,562.50 12/09/11 04/16/12 16 000 .4006 24,964,166.67 99.98958333333 SUNGARD 80115 CP UBS FINANCE DE 90262CDG9 14 8177 .6300 25,000,000.00 24,997,395.83 49,875.00 3,958.33 12/09/11 04/16/12 29 000 .6314 24,943,562.50 99.98958333333 SUNGARD 80121 CP UBS FINANCE DE 90262CDG9 14 8177 .6250 25,000,000.00 24,997,395.83 48,177.08 3,906.25 12/12/11 04/16/12 29 000 .6264 24,945,312.50 99.98958333333 SUNGARD 80122 CP RABOBANK USA FIN CORP 74977KDG1 14 8177 .4900 25,000,000.00 24,997,395.83 37,770.83 2,500.00 12/12/11 04/16/12 17 000 .4908 24,957,125.00 99.98958333333 SUNGARD 80123 CP ABBEY NATIONAL NA LLC 0027A0DG3 14 8177 .6600 20,000,000.00 19,997,916.67 40,700.00 3,416.67 12/12/11 04/16/12 29 000 .6615 19,953,800.00 99.98958333333 SUNGARD 80124 CP UBS FINANCE DE 90262CDG9 14 8177 .6250 25,000,000.00 24,997,395.83 47,743.05 3,906.25 12/13/11 04/16/12 29 000 .6264 24,945,746.53 99.98958333333 SUNGARD 80125 CCCFPD CP UNION BANK OF CALIFOR 90526MFD4 14 2024 .4700 8,000,000.00 7,994,322.22 11,488.89 1,946.66 12/13/11 06/13/12 16 000 .4711 7,980,886.67 99.92902777778 SUNGARD 80126 CP UNION BANK OF CALIFORNIA 90526MFD4 14 8177 .4700 17,000,000.00 16,987,934.72 24,413.89 4,136.67 12/13/11 06/13/12 16 000 .4711 16,959,384.16 99.92902777778 SUNGARD 80136 CP RABOBANK USA FIN 74977KEM7 14 8177 .5600 25,000,000.00 24,991,319.44 41,611.11 10,763.89 12/16/11 05/21/12 17 000 .5614 24,938,944.44 99.96527777778 SUNGARD 80137 RM CP BNP PARIBAS 0556N0FD2 14 8170 .9700 1,005,000.00 1,004,286.73 2,897.47 1,263.51 12/16/11 06/13/12 10 000 .9747 1,000,125.75 99.92902777778 SUNGARD 80297 CP UNION BANK 90526MEB9 14 8177 .4100 20,000,000.00 19,994,444.44 15,033.33 3,555.55 01/26/12 05/11/12 16 000 .4105 19,975,855.56 99.97222222222 SUNGARD * MARKET = BOOK LESS PURCHASE INTEREST Page 13 1 CONTRA COSTA COUNTY TREASURER'S OFFICE INVESTMENT INVENTORY WITH MARKET VALUE PAGE: 9 (RPTMKT) RUN: 04/20/12 13:28:21 INVESTMENTS OUTSTANDING AS OF 03/31/12 MAJOR SORT KEY IS ICC# INVEST DESCRIPTION CUSIP BANK FUND CPN RATE PAR/SHARES MARKET VALUE CURR ACCR INT UNREALIZED GAIN NUMBER PURCHASE MATURITY DATE BROK SAFE YTM TR BOOK MARKET PRICE PRICE SOURCE UNREALIZED LOSS ------- ------------------------------- --------- ---- ------ ------- --------------- --------------- --------------- --------------- 80302 CP ABBEY NATIONAL NA 0027A0ER8 14 8177 .6900 20,000,000.00 19,992,500.00 24,916.67 13,200.00 01/27/12 05/25/12 7 000 .6916 19,954,383.33 99.96250000000 SUNGARD 80308 CP UNION BANK OF CALIFORNIA 90526MEM5 14 8177 .4000 20,000,000.00 19,993,055.56 13,777.78 4,166.67 01/30/12 05/21/12 16 000 .4005 19,975,111.11 99.96527777778 SUNGARD 80311 HR CP ABBEY NATL NA LLC 0027A0D24 14 8172 .4400 2,678,000.00 2,677,981.40 1,996.60 14.13 01/31/12 04/02/12 7 000 .4403 2,675,970.67 99.99930555556 SUNGARD 80312 HR CP ABBEY NATL NA LLC 0027A0D24 14 8166 .4400 2,844,000.00 2,843,980.25 2,120.36 15.01 01/31/12 04/02/12 7 000 .4403 2,841,844.88 99.99930555556 SUNGARD 80313 HR CP ABBEY NATL NA LLC 0027A0D24 14 8165 .4400 2,890,000.00 2,889,979.93 2,154.66 15.25 01/31/12 04/02/12 7 000 .4403 2,887,810.02 99.99930555556 SUNGARD 80314 CP ABBEY NATL NA LLC 0027A0D24 14 8177 .4400 11,588,000.00 11,587,919.53 8,639.50 61.16 01/31/12 04/02/12 7 000 .4403 11,579,218.87 99.99930555556 SUNGARD 80388 PW CP ABBEY NATIONAL 0027A0EV9 14 2566 0.0000 3,755,000.00 3,753,487.57 2,069.42 2,238.40 02/29/12 05/29/12 17 000 .6210 3,749,179.75 99.95972222222 SUNGARD 80398 PW CP BNP PARIBAS 0556N0F18 14 1392 0.0000 6,003,000.00 5,999,439.89 3,101.55 2,542.94 03/01/12 06/01/12 10 000 .6009 5,993,795.40 99.94069444444 SUNGARD 80399 PW CP BNP PARIBAS 0556N0F18 14 1290 0.0000 433,000.00 432,743.21 223.72 183.42 03/01/12 06/01/12 10 000 .6009 432,336.07 99.94069444444 SUNGARD 80400 PW CP BNP PARIBAS 0556N0F18 14 1399 0.0000 423,000.00 422,749.14 218.55 179.20 03/01/12 06/01/12 10 000 .6009 422,351.39 99.94069444444 SUNGARD 80401 PW CP BNP PARIBAS 0556N0F18 14 1114 0.0000 1,003,000.00 1,002,405.17 518.22 424.88 03/01/12 06/01/12 10 000 .6009 1,001,462.07 99.94069444444 SUNGARD 80404 PW CP BNP PARIBAS 0556N0F59 14 2519 .6000 1,000,000.00 999,368.06 416.67 451.39 03/07/12 06/05/12 10 000 .6009 998,500.00 99.93680555556 SUNGARD 80405 CP BNP PARIBAS 0556N0GA7 14 8177 .6000 25,000,000.00 24,968,055.56 12,326.39 17,361.11 03/07/12 07/10/12 10 000 .7118 24,938,368.06 99.87222222222 SUNGARD 80408 CP UNION BANK OF CALIF 90526MGB7 14 8177 0.0000 20,000,000.00 19,974,188.89 5,111.11 03/09/12 07/11/12 16 000 .4006 19,972,444.44 99.87094444444 SUNGARD -3,366.66 80409 CP BNP PARIBAS 0556N0GR0 14 8177 0.0000 20,000,000.00 19,970,611.11 9,072.22 15,972.22 03/09/12 07/25/12 10 000 .7119 19,945,566.67 99.85305555556 SUNGARD 80412 PW CP BNP PARIBAS 0556N0EF8 14 1122 .5000 5,780,000.00 5,778,233.89 1,525.27 1,766.11 03/13/12 05/15/12 10 000 .5004 5,774,942.51 99.96944444444 SUNGARD 80413 PW CP BNP PARIBAS 0556N0EF8 14 2505 .5000 1,251,000.00 1,250,617.75 330.13 382.25 03/13/12 05/15/12 10 000 .5004 1,249,905.37 99.96944444444 SUNGARD 80414 PW CP BNP PARIBAS 0556N0EF8 14 2517 .5000 1,601,000.00 1,600,510.81 422.49 489.20 03/13/12 05/15/12 10 000 .5004 1,599,599.12 99.96944444444 SUNGARD 80415 PW CP BNP PARIBAS 0556N0EF8 14 2520 .5000 9,007,000.00 9,004,247.86 2,376.85 2,752.13 03/13/12 05/15/12 10 000 .5004 8,999,118.88 99.96944444444 SUNGARD 80416 PW CP BNP PARIBAS 0556N0EF8 14 2521 .5000 3,252,000.00 3,251,006.33 858.16 993.66 03/13/12 05/15/12 10 000 .5004 3,249,154.51 99.96944444444 SUNGARD 80417 PW CP BNP PARIBAS 0556N0EF8 14 2552 .5000 1,426,000.00 1,425,564.28 376.30 435.72 03/13/12 05/15/12 10 000 .5004 1,424,752.26 99.96944444444 SUNGARD 80418 PW CP BNP PARIBAS 0556N0EF8 14 2554 .5000 1,125,000.00 1,124,656.25 296.87 343.75 03/13/12 05/15/12 10 000 .5004 1,124,015.63 99.96944444444 SUNGARD 80419 PW CP BNP PARIBAS 0556N0EF8 14 2558 .5000 851,000.00 850,739.97 224.57 260.03 03/13/12 05/15/12 10 000 .5004 850,255.37 99.96944444444 SUNGARD 80420 PW CP BNP PARIBAS 0556N0EF8 14 2562 .5000 901,000.00 900,724.69 237.77 275.30 03/13/12 05/15/12 10 000 .5004 900,211.62 99.96944444444 SUNGARD Page 14 1 CONTRA COSTA COUNTY TREASURER'S OFFICE INVESTMENT INVENTORY WITH MARKET VALUE PAGE: 10 (RPTMKT) RUN: 04/20/12 13:28:21 INVESTMENTS OUTSTANDING AS OF 03/31/12 MAJOR SORT KEY IS ICC# INVEST DESCRIPTION CUSIP BANK FUND CPN RATE PAR/SHARES MARKET VALUE CURR ACCR INT UNREALIZED GAIN NUMBER PURCHASE MATURITY DATE BROK SAFE YTM TR BOOK MARKET PRICE PRICE SOURCE UNREALIZED LOSS ------- ------------------------------- --------- ---- ------ ------- --------------- --------------- --------------- --------------- 80421 PW CP BNP PARIBAS 0556N0EF8 14 2566 .5000 3,678,000.00 3,676,876.17 970.58 1,123.83 03/13/12 05/15/12 10 000 .5004 3,674,781.76 99.96944444444 SUNGARD 80422 PW CP BNP PARIBAS 0556N0EF8 14 2571 .5000 901,000.00 900,724.69 237.77 275.30 03/13/12 05/15/12 10 000 .5004 900,211.62 99.96944444444 SUNGARD 80423 PW CP BNP PARIBAS 0556N0EF8 14 2572 .5000 501,000.00 500,846.92 132.21 153.09 03/13/12 05/15/12 10 000 .5004 500,561.62 99.96944444444 SUNGARD 80424 PW CP BNP PARIBAS 0556N0EF8 14 2578 .5000 801,000.00 800,755.25 211.38 244.75 03/13/12 05/15/12 10 000 .5004 800,299.12 99.96944444444 SUNGARD 80425 PW CP BNP PARIBAS 0556N0EF8 14 2579 .5000 976,000.00 975,701.78 257.56 298.22 03/13/12 05/15/12 10 000 .5004 975,146.00 99.96944444444 SUNGARD 80426 PW CP BNP PARIBAS 0556N0EF8 14 2581 .5000 776,000.00 775,762.89 204.78 237.11 03/13/12 05/15/12 10 000 .5004 775,321.00 99.96944444444 SUNGARD 80427 PW CP BNP PARIBAS 0556N0EF8 14 2583 .5000 651,000.00 650,801.08 171.79 198.92 03/13/12 05/15/12 10 000 .5004 650,430.37 99.96944444444 SUNGARD 80428 PW CP BNP PARIBAS 0556N0EF8 14 2584 .5000 601,000.00 600,816.36 158.60 183.64 03/13/12 05/15/12 10 000 .5004 600,474.12 99.96944444444 SUNGARD 80442 CCCSD CP UBS FINANCE DELAWARE 90262CJM0 14 3407 .7150 4,516,000.00 4,503,629.92 986.62 3,146.77 03/21/12 09/21/12 29 000 .7176 4,499,496.53 99.72608333333 SUNGARD 80445 CP UBS FINANCE DELAWARE LLC 90262CGT8 14 8177 .5050 25,000,000.00 24,962,625.00 3,506.94 3,656.25 03/22/12 07/27/12 29 000 .5059 24,955,461.81 99.85050000000 SUNGARD 80452 CP ABBEY NATIONAL N AMERICA 0027A0GR6 14 8177 .6800 25,000,000.00 24,963,263.89 2,361.11 17,569.45 03/27/12 07/25/12 17 000 .6815 24,943,333.33 99.85305555556 SUNGARD 80479 SO CP ABBEY NATL N AMERICA 0027A0DW8 14 1056 .3400 677,500.00 677,363.56 12.80 49.12 03/30/12 04/30/12 17 000 .3401 677,301.64 99.97986111111 SUNGARD 80480 SO CP ABBEY NATL N AMERICA 0027A0DW8 14 1141 .3400 550,000.00 549,889.24 10.39 39.89 03/30/12 04/30/12 17 000 .3401 549,838.96 99.97986111111 SUNGARD 80481 SO CP ABBEY NATL N AMERICA 0027A0DW8 14 1142 .3400 439,000.00 438,911.59 8.29 31.83 03/30/12 04/30/12 17 000 .3401 438,871.47 99.97986111111 SUNGARD 80484 SO CP ABBEY NATL N AMERICA 0027A0DW8 14 1360 .3400 4,201,250.00 4,200,403.91 79.36 304.58 03/30/12 04/30/12 17 000 .3401 4,200,019.97 99.97986111111 SUNGARD 80485 SO CP ABBEY NATL N AMERICA 0027A0DW8 14 2629 .3400 5,301,500.00 5,300,432.34 100.14 384.35 03/30/12 04/30/12 17 000 .3401 5,299,947.85 99.97986111111 SUNGARD 80486 SO CP ABBEY NATL N AMERICA 0027A0DW8 14 2656 .3400 5,001,400.00 5,000,392.77 94.47 362.60 03/30/12 04/30/12 17 000 .3401 4,999,935.70 99.97986111111 SUNGARD 80487 SO CP ABBEY NATL N AMERICA 0027A0DW8 14 1056 .3400 1,867,250.00 1,866,873.96 35.27 135.38 03/30/12 04/30/12 17 000 .3401 1,866,703.31 99.97986111111 SUNGARD 80501 SO CP ABBEY NATL N AMERICA 0027A0DW8 14 1147 .3400 1,125,050.00 1,124,823.43 21.25 81.57 03/30/12 04/30/12 17 000 .3401 1,124,720.61 99.97986111111 SUNGARD 80502 SO CP ABBEY NATL N AMERICA 0027A0DW8 14 1334 .3400 1,210,050.00 1,209,806.31 22.86 87.73 03/30/12 04/30/12 17 000 .3401 1,209,695.72 99.97986111111 SUNGARD ------- --------------- --------------- --------------- --------------- SUBTOTAL (Inv Type) 71 COMMERCIAL PAPER DISCOU 36.51%(M) .5143 561,595,000.00 561,325,303.28 683,252.70 155,733.66 .5725 560,489,683.58 99.95197700000 -3,366.66 ------- --------------- --------------- --------------- --------------- 79972 CCCSD YCD BNP PARIBAS 05572NFG6 14 3407 .8000 2,500,000.00 2,500,915.89 9,111.11 915.89 10/20/11 04/20/12 10 000 .8000 2,500,000.00 100.0366356444 SUNGARD Page 15 1 CONTRA COSTA COUNTY TREASURER'S OFFICE INVESTMENT INVENTORY WITH MARKET VALUE PAGE: 11 (RPTMKT) RUN: 04/20/12 13:28:21 INVESTMENTS OUTSTANDING AS OF 03/31/12 MAJOR SORT KEY IS ICC# INVEST DESCRIPTION CUSIP BANK FUND CPN RATE PAR/SHARES MARKET VALUE CURR ACCR INT UNREALIZED GAIN NUMBER PURCHASE MATURITY DATE BROK SAFE YTM TR BOOK MARKET PRICE PRICE SOURCE UNREALIZED LOSS ------- ------------------------------- --------- ---- ------ ------- --------------- --------------- --------------- --------------- 80107 NCD BANK OF AMERICA 0605C05F5 14 8177 .5000 25,000,000.00 25,006,245.54 39,930.56 6,245.54 12/08/11 04/25/12 11 000 .5000 25,000,000.00 100.0249821777 SUNGARD 80108 NCD BANK OF AMERICA 0605C05G3 14 8177 .5000 20,000,000.00 20,002,198.55 31,944.44 2,198.55 12/08/11 04/11/12 11 100 .5000 20,000,000.00 100.0109927566 SUNGARD 80109 YCD SVENSKA HANDELSBANKEN NY 86959BQ65 14 8177 .5400 25,000,000.00 25,002,498.42 43,125.00 2,072.12 12/08/11 04/09/12 7 000 .5350 25,000,426.30 100.0099936652 SUNGARD 80117 NCD UNION BANK OF CALIFORNIA 90527MXD3 14 8177 .4200 25,000,000.00 25,003,108.87 33,250.00 3,108.87 12/09/11 04/16/12 16 000 .4200 25,000,000.00 100.0124354677 SUNGARD 80127 YCD NORDEA BANK FIN NY 65557VQ46 14 8177 .5400 25,000,000.00 25,004,441.60 41,625.00 3,568.22 12/12/11 04/16/12 17 000 .5300 25,000,873.38 100.0177664056 SUNGARD 80142 YCD BNP PARIBAS 05572NFY7 14 8177 .9400 5,000,000.00 5,008,437.98 13,577.78 8,437.98 12/19/11 06/15/12 10 000 .9400 5,000,000.00 100.1687595230 SUNGARD 80147 CCCSD YCD UBS FINANCE 90267RAQ2 14 3407 .8050 5,000,000.00 5,007,290.78 11,515.97 7,290.78 12/20/11 06/18/12 29 000 .8050 5,000,000.00 100.1458156855 SUNGARD 80231 NCD UNION BANK 90527MYR1 14 8177 .5000 20,000,000.00 20,014,389.36 23,888.89 14,389.36 01/06/12 06/11/12 16 000 .5000 20,000,000.00 100.0719467993 SUNGARD 80233 RM YCD BNP PARIBAS 05572NGE0 14 8170 1.0000 1,020,000.00 1,021,780.78 2,351.67 1,780.78 01/09/12 07/09/12 10 000 1.0000 1,020,000.00 100.1745864590 SUNGARD 80280 YCD BNP PARIBAS 05572NGK6 14 8177 .9000 25,000,000.00 25,036,394.83 45,625.00 36,394.83 01/19/12 06/08/12 10 000 .9000 25,000,000.00 100.1455793029 SUNGARD 80298 NCD UNION BANK OF CALIF 90527MZE9 14 8177 .4200 25,000,000.00 25,007,773.62 19,250.00 7,773.62 01/26/12 05/10/12 16 000 .4200 25,000,000.00 100.0310944779 SUNGARD 80309 NCD BANK OF AMERICA 0605C06F4 14 8177 .4400 25,000,000.00 25,010,619.20 18,944.44 10,619.20 01/30/12 05/21/12 11 000 .4400 25,000,000.00 100.0424767886 SUNGARD 80317 PW YCD UBS AG STAMFORD 90267REP0 14 2505 .2900 1,250,000.00 1,250,015.62 594.10 15.62 02/02/12 04/03/12 29 000 .2900 1,250,000.00 100.0012494403 SUNGARD 80318 PW YCD UBS AG STAMFORD 90267REP0 14 2520 .2900 4,000,000.00 4,000,049.98 1,901.11 49.98 02/02/12 04/03/12 29 000 .2900 4,000,000.00 100.0012494403 SUNGARD 80319 PW YCD UBS AG STAMFORD 90267REP0 14 2521 .2900 1,750,000.00 1,750,021.87 831.74 21.87 02/02/12 04/03/12 29 000 .2900 1,750,000.00 100.0012494403 SUNGARD 80320 PW YCD UBS AG STAMFORD 90267REP0 14 2546 .2900 325,000.00 325,004.06 154.47 4.06 02/02/12 04/03/12 29 000 .2900 325,000.00 100.0012494403 SUNGARD 80321 PW YCD UBS AG STAMFORD 90267REP0 14 2552 .2900 1,150,000.00 1,150,014.37 546.57 14.37 02/02/12 04/03/12 29 000 .2900 1,150,000.00 100.0012494403 SUNGARD 80322 PW YCD UBS AG STAMFORD 90267REP0 14 2554 .2900 800,000.00 800,010.00 380.22 10.00 02/02/12 04/03/12 29 000 .2900 800,000.00 100.0012494403 SUNGARD 80323 PW YCD UBS AG STAMFORD 90267REP0 14 2558 .2900 600,000.00 600,007.50 285.17 7.50 02/02/12 04/03/12 29 000 .2900 600,000.00 100.0012494403 SUNGARD 80324 PW YCD UBS AG STAMFORD 90267REP0 14 2562 .2900 825,000.00 825,010.31 392.10 10.31 02/02/12 04/03/12 29 000 .2900 825,000.00 100.0012494403 SUNGARD 80325 PW YCD UBS AG STAMFORD 90267REP0 14 2571 .2900 1,050,000.00 1,050,013.12 499.04 13.12 02/02/12 04/03/12 29 000 .2900 1,050,000.00 100.0012494403 SUNGARD 80326 PW YCD UBS AG STAMFORD 90267REP0 14 2579 .2900 1,350,000.00 1,350,016.87 641.63 16.87 02/02/12 04/03/12 29 000 .2900 1,350,000.00 100.0012494403 SUNGARD 80327 PW YCD UBS AG STAMFORD 90267REQ8 14 1115 .6550 5,000,000.00 5,003,712.15 5,367.36 3,712.15 02/02/12 07/03/12 29 000 .6550 5,000,000.00 100.0742429881 SUNGARD 80328 PW YCD UBS AG STAMFORD 90267REQ8 14 1234 .6550 1,100,000.00 1,100,816.67 1,180.82 816.67 02/02/12 07/03/12 29 000 .6550 1,100,000.00 100.0742429881 SUNGARD Page 16 1 CONTRA COSTA COUNTY TREASURER'S OFFICE INVESTMENT INVENTORY WITH MARKET VALUE PAGE: 12 (RPTMKT) RUN: 04/20/12 13:28:21 INVESTMENTS OUTSTANDING AS OF 03/31/12 MAJOR SORT KEY IS ICC# INVEST DESCRIPTION CUSIP BANK FUND CPN RATE PAR/SHARES MARKET VALUE CURR ACCR INT UNREALIZED GAIN NUMBER PURCHASE MATURITY DATE BROK SAFE YTM TR BOOK MARKET PRICE PRICE SOURCE UNREALIZED LOSS ------- ------------------------------- --------- ---- ------ ------- --------------- --------------- --------------- --------------- 80329 PW YCD UBS AG STAMFORD 90267REQ8 14 1240 .6550 1,900,000.00 1,901,410.62 2,039.60 1,410.62 02/02/12 07/03/12 29 000 .6550 1,900,000.00 100.0742429881 SUNGARD 80330 PW YCD UBS AG STAMFORD 90267REQ8 14 1242 .6550 4,000,000.00 4,002,969.72 4,293.89 2,969.72 02/02/12 07/03/12 29 000 .6550 4,000,000.00 100.0742429881 SUNGARD 80331 PW YCD UBS AG STAMFORD 90267REQ8 14 1260 .6550 1,900,000.00 1,901,410.62 2,039.60 1,410.62 02/02/12 07/03/12 29 000 .6550 1,900,000.00 100.0742429881 SUNGARD 80332 PW YCD UBS AG STAMFORD 90267REQ8 14 1270 .6550 3,100,000.00 3,102,301.53 3,327.76 2,301.53 02/02/12 07/03/12 29 000 .6550 3,100,000.00 100.0742429881 SUNGARD 80333 PW YCD UBS AG STAMFORD 90267REQ8 14 1282 .6550 5,000,000.00 5,003,712.15 5,367.36 3,712.15 02/02/12 07/03/12 29 000 .6550 5,000,000.00 100.0742429881 SUNGARD 80334 PW YCD UBS AG STAMFORD 90267REQ8 14 1395 .6550 900,000.00 900,668.19 966.13 668.19 02/02/12 07/03/12 29 000 .6550 900,000.00 100.0742429881 SUNGARD 80335 PW YCD UBS AG STAMFORD 90267REQ8 14 8214 .6550 3,000,000.00 3,002,227.29 3,220.42 2,227.29 02/02/12 07/03/12 29 000 .6550 3,000,000.00 100.0742429881 SUNGARD 80336 PW YCD UBS AG STAMFORD 90267REQ8 14 8215 .6550 4,800,000.00 4,803,563.66 5,152.67 3,563.66 02/02/12 07/03/12 29 000 .6550 4,800,000.00 100.0742429881 SUNGARD 80337 PW YCD UBS AG STAMFORD 90267REQ8 14 8216 .6550 4,400,000.00 4,403,266.69 4,723.28 3,266.69 02/02/12 07/03/12 29 000 .6550 4,400,000.00 100.0742429881 SUNGARD 80339 PW YCD BNP PARIBAS 05572NGN0 14 2401 1.2000 4,000,000.00 4,014,352.41 7,733.33 14,352.41 02/03/12 11/14/12 10 000 1.2000 4,000,000.00 100.3588102471 SUNGARD 80340 PW YCD BNP PARIBAS 05572NGN0 14 2480 1.2000 1,000,000.00 1,003,588.10 1,933.33 3,588.10 02/03/12 11/14/12 10 000 1.2000 1,000,000.00 100.3588102471 SUNGARD 80341 PW YCD BNP PARIBAS 05572NGN0 14 2758 1.2000 2,000,000.00 2,007,176.20 3,866.67 7,176.20 02/03/12 11/14/12 10 000 1.2000 2,000,000.00 100.3588102471 SUNGARD 80348 PW YCD BNP PARIBAS 05572NGR1 14 1401 .5700 1,000,000.00 1,000,107.47 855.00 107.47 02/07/12 04/09/12 10 000 .5700 1,000,000.00 100.0107466868 SUNGARD 80349 PW YCD BNP PARIBAS 05572NGR1 14 1401 .5700 800,000.00 800,085.97 684.00 85.97 02/07/12 04/09/12 10 000 .5700 800,000.00 100.0107466868 SUNGARD 80353 CCCSIG YCD ROYAL BANK OF CANADA 78009NDY9 14 6911 .4900 2,500,000.00 2,493,707.62 1,735.42 02/10/12 02/08/13 37 000 .4900 2,500,000.00 99.74830491648 SUNGARD -6,292.38 80354 CCCSIG YCD BANK OF NOVA SCOTIA 06417EYU1 14 6911 1.0000 2,450,000.00 2,450,000.00* 3,470.83 0.00 02/10/12 02/10/14 37 000 1.0000 2,450,000.00 100.0000000000 BOOK 80359 PW YCD BNP PARIBAS 05572NGV2 14 1105 1.3700 500,000.00 502,598.14 894.31 2,598.14 02/14/12 02/14/13 10 000 1.3700 500,000.00 100.5196279720 SUNGARD 80360 YCD BNP PARIBAS 05572NGV2 14 8177 1.3700 500,000.00 502,598.14 894.31 2,598.14 02/14/12 02/14/13 10 000 1.3700 500,000.00 100.5196279720 SUNGARD 80364 CCCFPD YCD RABOBANK NEDERLAND N 74977MM44 14 2022 .5200 8,000,000.00 8,003,357.06 6,008.89 1,757.06 02/16/12 07/10/12 17 000 .4702 8,002,408.89 100.0419633030 SUNGARD 80365 CCCSIG YCD NATNL AUSTRALIA BK N 63253TMM7 14 6911 .5000 2,250,000.00 2,248,133.23 1,406.25 02/16/12 11/16/12 37 000 .5000 2,250,000.00 99.91703241674 SUNGARD -1,866.77 80397 CCCSD YCD RABO BANK 74977MN35 14 3407 .5100 5,000,000.00 5,002,385.34 2,691.67 1,565.34 03/05/12 08/01/12 17 000 .4702 5,001,599.17 100.0477067606 SUNGARD 80430 YCD RABOBANK NEDERLAND NY 74977MQ65 13 8177 .4700 25,000,000.00 25,008,177.40 6,201.39 6,302.40 03/13/12 07/27/12 17 000 .4501 25,001,875.00 100.0327096080 SUNGARD 80437 YCD BNP PARIBAS SF BRANCH 05572NHG4 14 8177 .6000 20,000,000.00 20,021,968.76 5,333.33 21,968.76 03/16/12 06/25/12 10 000 .6000 20,000,000.00 100.1098437911 SUNGARD * MARKET = BOOK LESS PURCHASE INTEREST Page 17 1 CONTRA COSTA COUNTY TREASURER'S OFFICE INVESTMENT INVENTORY WITH MARKET VALUE PAGE: 13 (RPTMKT) RUN: 04/20/12 13:28:21 INVESTMENTS OUTSTANDING AS OF 03/31/12 MAJOR SORT KEY IS ICC# INVEST DESCRIPTION CUSIP BANK FUND CPN RATE PAR/SHARES MARKET VALUE CURR ACCR INT UNREALIZED GAIN NUMBER PURCHASE MATURITY DATE BROK SAFE YTM TR BOOK MARKET PRICE PRICE SOURCE UNREALIZED LOSS ------- ------------------------------- --------- ---- ------ ------- --------------- --------------- --------------- --------------- 80440 YCD BNP PARIBAS 05572NHH2 14 8177 .8400 25,000,000.00 25,043,016.27 7,000.00 43,016.27 03/20/12 08/10/12 10 000 .8400 25,000,000.00 100.1720650773 SUNGARD 80444 YCD UBS AG STAMFORD CT 90267RFU8 14 8177 .5050 25,000,000.00 25,011,045.28 3,506.94 11,045.28 03/22/12 07/27/12 29 000 .5050 25,000,000.00 100.0441811068 SUNGARD 80454 YCD BNP PARIBAS SF BRANCH 05572NHL3 14 8177 .7000 30,000,000.00 30,032,416.56 2,333.33 32,416.56 03/28/12 07/27/12 10 000 .7000 30,000,000.00 100.1080551843 SUNGARD 80456 NCD UNION BANK OF CALIFORNIA 90527MF76 14 8177 .4000 20,000,000.00 20,002,246.27 666.67 2,246.27 03/29/12 08/13/12 16 000 .4000 20,000,000.00 100.0112313332 SUNGARD 80460 YCD RABOBANK NEDERLAND NY 74977MT62 14 8177 .4100 25,000,000.00 25,004,049.05 569.44 3,029.80 03/30/12 08/24/12 17 000 .4000 25,001,019.25 100.0161962099 SUNGARD ------- --------------- --------------- --------------- --------------- SUBTOTAL (Inv Type) 72 NEGOTIABLE CERT OF DEPO 31.03%(M) .5694 476,720,000.00 477,003,327.68 435,830.01 284,872.90 .5658 476,728,201.99 100.0594330000 -8,159.15 ------- --------------- --------------- --------------- --------------- 79241 CCCCD CORP WACHOVIA CORP FLTG 92976WBK1 14 7903 2.3169 1,000,000.00 1,018,437.50 3,862.14 01/25/11 05/01/13 37 000 .0011 1,028,947.00 101.8437500000 SUNGARD -10,509.50 79355 CORP GE CAPITAL CORP FLTG RATE 36962G4U5 14 8177 .9758 10,000,000.00 9,996,875.00 7,046.60 12/06/10 02/06/14 16 000 .9758 10,000,000.00 99.96875000000 SUNGARD -3,125.00 79805 CCCSIG CORP BERKSHIRE HATHAWAY 084670BA5 14 6911 1.1572 1,200,000.00 1,216,125.00 1,774.40 16,125.00 08/15/11 08/15/14 37 000 1.1572 1,200,000.00 101.3437500000 SUNGARD ------- --------------- --------------- --------------- --------------- SUBTOTAL (Inv Type) 73 CORP NOTE FLTG RT ACT- .80%(M) 1.1064 12,200,000.00 12,231,437.50 12,683.14 16,125.00 .9115 12,228,947.00 100.2576840000 -13,634.50 ------- --------------- --------------- --------------- --------------- 80218 AUHSD CD MED TERM SALLIE MAE BK 795450JY2 14 5007 2.9000 97,000.00 96,986.42 1,131.04 01/03/12 05/07/12 49 000 -.06800 98,430.58 99.98600000000 SUNGARD -997.16 80366 CCCSIG YCD WESTPAC BNKNG FLTR 96121TLT3 14 6911 1.4480 2,250,000.00 2,250,000.00* 4,005.74 0.00 02/16/12 02/14/14 37 000 1.4480 2,250,000.00 100.0000000000 BOOK ------- --------------- --------------- --------------- --------------- SUBTOTAL (Inv Type) 74 CERT OF DEPOSIT MED TER .15%(M) 1.5086 2,347,000.00 2,346,986.42 5,136.78 .00 1.3847 2,348,430.58 99.99942100000 -997.16 ------- --------------- --------------- --------------- --------------- 76267 CCCCD CORP BNY MELLON 06406HBK4 14 7903 5.1250 280,000.00 296,887.50 1,355.28 16,400.74 08/29/08 08/27/13 37 000 5.0180 280,486.76 106.0312500000 SUNGARD 78744 CCCCD CORP US BANCORP 91159HGX2 14 7903 2.4500 600,000.00 619,218.75 2,613.33 19,806.75 07/27/10 07/27/15 37 000 2.4710 599,412.00 103.2031250000 SUNGARD 78809 CCCCD CORP CREDIT SUISSE 22541LAH6 14 7903 5.5000 550,000.00 577,757.81 3,865.28 08/24/10 08/15/13 37 000 1.7901 608,855.50 105.0468750000 SUNGARD -31,097.69 79020 CCCCD CORP GENERAL E 36962G4T8 14 7903 2.2500 1,000,000.00 1,027,656.25 8,875.00 28,406.25 11/09/10 11/09/15 37 000 2.2660 999,250.00 102.7656250000 SUNGARD 79043 CCCCD CORP PROCTOR & GAM 742718DS5 14 7903 1.8000 200,000.00 206,343.75 1,360.00 7,979.75 11/18/10 11/15/15 37 000 1.9729 198,364.00 103.1718750000 SUNGARD * MARKET = BOOK LESS PURCHASE INTEREST Page 18 1 CONTRA COSTA COUNTY TREASURER'S OFFICE INVESTMENT INVENTORY WITH MARKET VALUE PAGE: 14 (RPTMKT) RUN: 04/20/12 13:28:21 INVESTMENTS OUTSTANDING AS OF 03/31/12 MAJOR SORT KEY IS ICC# INVEST DESCRIPTION CUSIP BANK FUND CPN RATE PAR/SHARES MARKET VALUE CURR ACCR INT UNREALIZED GAIN NUMBER PURCHASE MATURITY DATE BROK SAFE YTM TR BOOK MARKET PRICE PRICE SOURCE UNREALIZED LOSS ------- ------------------------------- --------- ---- ------ ------- --------------- --------------- --------------- --------------- 79220 CORP BERKSHIRE HATHAWAY CALL 084664BR1 14 8177 1.5000 10,000,000.00 10,156,250.00 33,750.00 156,550.00 01/11/11 01/10/14 16 000 1.5010 9,999,700.00 101.5625000000 SUNGARD 79223 CCCSIG CORP BERKSHIRE 084664BR1 14 6911 1.5000 1,300,000.00 1,320,312.50 4,387.49 23,796.50 01/11/11 01/10/14 37 000 1.5919 1,296,516.00 101.5625000000 SUNGARD 79228 CORP MICROSOFT CORPORATION 594918AF1 14 8177 .8750 10,000,000.00 10,073,437.50 972.22 102,237.50 01/14/11 09/27/13 16 000 .9831 9,971,200.00 100.7343750000 SUNGARD 79297 CORP GE CAPITAL CO 36962G4Q4 14 8177 1.8750 10,000,000.00 10,157,812.50 7,812.50 138,912.50 02/09/11 09/16/13 16 000 1.8001 10,018,900.00 101.5781250000 SUNGARD 79574 CCCCD CORP ABBOTT CA 002824AX8 14 7903 2.7000 550,000.00 579,132.81 5,115.00 10,592.31 05/17/11 05/27/15 37 000 1.8280 568,540.50 105.2968750000 SUNGARD 79582 CORP IBM CORPORATION 459200GW5 14 8177 1.2500 10,000,000.00 10,123,437.50 48,263.89 104,537.50 05/20/11 05/12/14 16 000 1.1852 10,018,900.00 101.2343750000 SUNGARD 79804 CCCSIG CORP NOTES PROCTOR & GAM 742718DU0 14 6911 .7000 500,000.00 501,562.50 447.22 3,617.50 08/15/11 08/15/14 37 000 .8390 497,945.00 100.3125000000 SUNGARD 79953 CCCCD CORP WAL-MART 931142DC4 14 7903 2.8000 440,000.00 467,912.50 5,680.89 29,536.10 04/18/11 04/15/16 37 000 2.8799 438,376.40 106.3437500000 SUNGARD 80022 CCCCD CORP JOHNSON & 478160AY0 14 7903 2.1500 400,000.00 416,500.00 3,248.89 17,720.00 05/20/11 05/15/16 37 000 2.2150 398,780.00 104.1250000000 SUNGARD 80033 CCCSIG CORP IBM 459200GW5 14 6911 1.2500 3,000,000.00 3,037,031.25 14,479.17 39,851.25 05/12/11 05/12/14 37 000 1.2820 2,997,180.00 101.2343750000 SUNGARD 80034 CCCCD CORP IBM CORP 459200GW5 14 7903 1.2500 830,000.00 840,245.31 4,005.90 11,025.51 05/12/11 05/12/14 37 000 1.2820 829,219.80 101.2343750000 SUNGARD 80066 CORP BANK OF NEW YORK 06406HBZ1 14 7903 1.7000 455,000.00 462,109.38 2,750.22 7,587.13 11/23/11 11/24/14 37 000 1.7360 454,522.25 101.5625000000 SUNGARD 80129 CORP JP MORGAN CHASE AND CO 46625HHB9 14 8177 4.7500 10,000,000.00 10,414,062.50 197,916.67 12/13/11 05/01/13 7 000 1.2719 10,530,716.67 104.1406250000 SUNGARD -61,237.50 80182 AUHSD CORP CATERPILL 14912L4Q1 14 5007 1.5500 340,000.00 345,312.50 1,478.53 1,127.10 01/03/12 12/20/13 49 000 .9160 344,375.71 101.5625000000 SUNGARD 80187 AUHSD CORP GECC 36962G4Q4 14 5007 1.8750 605,000.00 614,547.66 472.65 2,239.26 01/03/12 09/16/13 49 000 1.1561 612,308.40 101.5781250000 SUNGARD 80188 AUHSD CORP JP MORGAN 46623EJE0 14 5007 2.0500 545,000.00 554,452.34 2,079.33 9,386.94 01/03/12 01/24/14 49 000 2.0437 545,065.40 101.7343750000 SUNGARD 80189 AUHSD CORP JOHNSON & JOHNSON 478160AX2 14 5007 1.2000 490,000.00 498,498.44 2,221.33 1,300.34 01/03/12 05/15/14 49 000 .5741 497,982.10 101.7343750000 SUNGARD 80235 CCCSIG CORP GECC 36962G5M2 14 6911 2.1500 1,370,000.00 1,399,326.56 6,709.19 30,714.10 01/09/12 01/09/15 37 000 2.1860 1,368,612.46 102.1406250000 SUNGARD 80238 CCCCD CORP JP MORGAN 46625HHN3 14 7903 4.6500 225,000.00 239,871.09 3,487.50 2,129.34 01/09/12 06/01/14 37 000 2.2079 238,846.12 106.6093750000 SUNGARD 80263 CCCCD CORP JP MORGAN 46623EJE0 14 7903 2.0500 215,000.00 218,728.91 820.28 3,114.01 01/11/12 01/24/14 37 000 1.9060 215,614.90 101.7343750000 SUNGARD 80272 CCCCD CORP JP MORGAN 46623EJE0 14 7903 2.0500 250,000.00 254,335.94 953.82 3,563.44 01/12/12 01/24/14 37 000 1.8942 250,772.50 101.7343750000 SUNGARD 80345 CCCSIG CORP GENERAL ELEC CAP CR 36962G4X9 14 6911 2.1000 1,645,000.00 1,679,185.16 8,060.50 1,038.41 02/08/12 01/07/14 37 000 1.0338 1,681,121.46 102.0781250000 SUNGARD 80435 CORP TOYOTA MOTOR CREDIT CORP 89233P5Z5 14 8177 1.0000 10,000,000.00 9,998,437.50 12,222.22 03/15/12 02/17/15 16 000 .8261 10,057,877.78 99.98437500000 SUNGARD -51,662.50 80448 CORP WALMART STORES INC 931142CX9 14 8177 1.5000 5,000,000.00 5,102,343.75 32,500.00 3,243.75 03/23/12 10/25/15 29 000 .9370 5,129,933.33 102.0468750000 SUNGARD Page 19 1 CONTRA COSTA COUNTY TREASURER'S OFFICE INVESTMENT INVENTORY WITH MARKET VALUE PAGE: 15 (RPTMKT) RUN: 04/20/12 13:28:21 INVESTMENTS OUTSTANDING AS OF 03/31/12 MAJOR SORT KEY IS ICC# INVEST DESCRIPTION CUSIP BANK FUND CPN RATE PAR/SHARES MARKET VALUE CURR ACCR INT UNREALIZED GAIN NUMBER PURCHASE MATURITY DATE BROK SAFE YTM TR BOOK MARKET PRICE PRICE SOURCE UNREALIZED LOSS ------- ------------------------------- --------- ---- ------ ------- --------------- --------------- --------------- --------------- 80450 CORP ROYAL BANK OF 78008T2C7 14 8177 1.1500 10,000,000.00 9,995,312.50 5,430.55 03/26/12 03/13/15 16 000 1.1610 10,000,633.33 99.95312500000 SUNGARD -1,487.50 ------- --------------- --------------- --------------- --------------- SUBTOTAL (Inv Type) 75 CORPORATE NOTES 6.00%(M) 1.8159 90,790,000.00 92,178,022.66 423,334.85 776,413.98 1.3030 91,650,008.37 101.5288280000 -145,485.19 ------- --------------- --------------- --------------- --------------- 80277 AUHSD MM DREYFUS TAX EXEMPT 26202K205 14 5055 0.0000 537,226.12 537,226.12* .00 0.00 01/03/12 04/01/12 49 000 .0000 537,226.12 100.0000000000 BOOK 80303 AUHSD MM DREYFUS TAX EXEMPT 26202K205 14 5055 0.0000 28,092.20 28,092.20* .00 0.00 01/25/12 04/01/12 49 000 .0000 28,092.20 100.0000000000 BOOK ------- --------------- --------------- --------------- --------------- SUBTOTAL (Inv Type) 99 MONEY MARKET ACCOUNTS .04%(M) 0.0000 565,318.32 565,318.32 .00 .00 .0000 565,318.32 100.0000000000 ------- --------------- --------------- --------------- --------------- 79591 CD CCCCD BERTA KAMM WESTAMERICA 121101042 29 8175 1.4000 3,200.00 3,200.00* 38.95 0.00 05/24/11 05/24/14 24 2400 1.4000 3,200.00 100.0000000000 BOOK ------- --------------- --------------- --------------- --------------- SUBTOTAL (Inv Type) 1000 TD WITH CALC CODE OF .00%(M) 1.4000 3,200.00 3,200.00 38.95 .00 1.4000 3,200.00 100.0000000000 ======= =============== =============== =============== =============== GRAND TOTAL .8122 1529113518.32 1537342097.35 2,745,933.08 3,002,196.67 .6739 1534655468.81 100.5381270000 -840,576.97 ======= =============== =============== =============== =============== * MARKET = BOOK LESS PURCHASE INTEREST NOTE: GRAND TOTAL EXCLUDES RETIREMENT INVESTMENTS Page 20 Page 21 SECTION III APPENDIX B. INVESTMENT PORTFOLIO DETAIL – MANAGED BY OUTSIDE CONTRACTED PARTIES B.1. STATE OF CALIFORNIA LOCAL AGENCY INVESTMENT FUND (LAIF) CONTRA COSTA COUNTY AS OF MARCH 31, 2012 CALIFORNIA STATE LOCAL STATE CONTROLLER ACCOUNT ESTIMATED AGENCY INVESTMENT ACCOUNTS ACCOUNT NUMBER BALANCE FAIR VALUE ACALANES UNION HIGH SCHOOL 75-07-010 34,339,930.95 34,381,520.49 ANTIOCH UNIFIED SCHOOL DISTRICT 75-07-005 16,372,583.34 16,392,412.39 BRENTWOOD UNION SCHOOL DISTRICT 75-07-013 11,500,355.63 11,514,283.86 BYRON UNION SCHOOL DISTRICT 75-07-017 7,113,668.78 7,122,284.24 CANYON ELEMENTARY SCHOOL DISTRICT 75-07-018 190,336.81 190,567.33 CENTRAL CONTRA COSTA SANITARY DISTRICT 70-07-001 24,700,000.00 24,729,914.49 CONTRA COSTA COMMUNITY COLLEGE 75-07-001 609,056.64 609,794.28 CONTRA COSTA COMMUNITY COLLEGE (AB3107)11-07-034 23,716,724.15 23,745,447.78 CONTRA COSTA COUNTY 99-07-000 50,000,000.00 50,060,555.65 CONTRA COSTA COUNTY OFFICE OF EDUCATION 75-07-007 1,268,075.26 1,269,611.04 CONTRA COSTA COUNTY SCHOOL INSURANCE GROUP 35-07-001 2,207,523.52 2,210,197.08 CROCKETT COMMUNITY SERVICES DISTRICT 16-07-004 2,086,343.40 2,088,870.20 DELTA DIABLO SANITATION DISTRICT 70-07-003 71,801.60 71,888.56 EAST CONTRA COSTA REG FEE & FINANCING AUTH 40-07-006 1.97 1.97 JOHN SWETT UNIFIED SCHOOL DISTRICT 75-07-020 17,057,232.59 17,077,890.83 KENSINGTON FIRE PROTECTION DISTRICT 17-07-011 2,950,521.37 2,954,094.78 KENSINGTON POLICE PROTECTION & COMMUNITY 16-07-003 1,102,919.46 1,104,255.22 SERVICES DISTRICT KNIGHTSEN SCHOOL DISTRICT 75-07-019 0.94 0.94 LAFAYETTE SCHOOL DISTRICT 75-07-012 7,717,908.76 7,727,256.02 MARTINEZ UNIFIED SCHOOL DISTRICT 75-07-011 7,245,251.96 7,254,026.78 MORAGA ORINDA FIRE DISTRICT 17-07-003 26,831.44 26,863.94 MT DIABLO UNIFIED SCHOOL DISTRICT 75-07-008 14,481,509.66 14,499,048.40 MT VIEW SANITARY DISTRICT 70-07-008 6,719,022.83 6,727,160.33 OAKLEY UNION SCHOOL DISTRICT 75-07-009 244,535.12 244,831.28 ORINDA UNION SCHOOL DISTRICT 75-07-015 2,345,773.34 2,348,614.34 PITTSBURG UNIFIED SCHOOL DISTRICT 75-07-002 1,396,742.16 1,398,433.77 RECLAMATION DISTRICT 800 60-07-003 3,930,484.22 3,935,244.48 REDEVELOPMENT AGENCY 65-07-015 0.00 - RODEO -HERCULES FIRE PROTECTION DISTRICT 17-07-001 313,238.98 313,618.35 SAN RAMON VALLEY UNIFIED SCHOOL DISTRICT 75-07-004 441,948.54 442,483.79 WALNUT CREEK SCHOOL DISTRICT 75-07-003 1,638,919.67 1,640,904.59 WEST CONTRA COSTA UNIFIED SCHOOL DISTRICT 75-07-014 29,761,652.11 29,797,696.83 WEST CONTRA COSTA UNIFIED SD 2005 SERIES C-1 11-07-038 40,211,155.62 40,259,855.87 WEST CONTRA COSTA UNIFIED SD 2005 SERIES C-2 11-07-039 12,139,727.81 12,154,430.39 WEST CONTRA COSTA UNIFIED SD 2005 SERIES D-1 11-07-040 13,092,828.59 13,108,685.48 TOTAL 336,994,607.22 337,402,745.77 Page 22 SECTION III APPENDIX B. INVESTMENT PORTFOLIO DETAIL – MANAGED BY OUTSIDE CONTRACTED PARTIES B.2. ASSET MANAGEMENT FUNDS a. WELLS CAPITAL MANAGEMENT b. BofA GLOBAL CAPITAL MANAGEMENT c. CalTRUST WC-Contra Costa County131235Begin Date1/1/2012End Date3/31/2012The information contained in this report represents estimated trade date investment calculations provided via Clearwater Analytics for Wells CapitalManagement clients. Certain calculations may not be available for all time periods. Please refer to your custody statement for official portfolio holdings andtransactions. Note that certain accounting methods may cause differences between this investment report and your custody statement.Page 23 WC-Contra Costa CountyRisk Summary1Perf Summary TotIdxExc GrossOfFees4Perf Summary TotIdxExc NetOfFees5Financials6Income Detail7Balance Sheet Classification9Trading Activity11Transaction Detail13MMF Transaction Detail15Table of ContentsDated: 4/2/20121/1/2012 - 3/31/2012145679111315Page 24 SummaryCash6,310,527.45Fixed Income38,469,752.96Duration0.559Convexity---Weighted Avg Life0.792Weighted Avg Maturity0.787Weighted Avg Eff Maturity0.578Yield0.286%Purchase Yield0.375%Avg Credit RatingAA/Aa2/AASecurity TypeAgency (52.2%)Corporate (22.3%)MM Fund (14.1%)Asset Backed (5.2%)US Gov (4.5%)Muni (1.7%)Currency (0%)MMF Asset AllocationFRNS (35%)ABCP (17%)1st Tier CP (e... (14%)Repo (12%)Foreign Bank (11%)US Treasury (9%)Other (2%)Issuer ConcentrationFederal Home Loan Banks Office of...20.3%Federal Home Loan Mortgage Corpor...16.8%MMF - WELLS FARGO ADV HER MMKT-INS14.1%Federal Farm Credit Banks Consoli...9.0%Federal National Mortgage Associa...6.2%Government of the United States4.5%General Electric Company1.8%U.S. Bancorp1.8%Other25.5%CountryUnited States (100%)CurrencyUS Dollar (100%)Risk Summary(WC-Contra Costa County)Dated: 4/2/20123/31/20121Page 25 Market SectorsCash (14.1%)Government (4.5%)Agency (52.2%)Municipal (1.7%)Financial (12.7%)Industrial (9.6%)ABS (5.2%)Time to Maturity (Years)Effective MaturityFinal Maturity0.00.51.01.52.02.53.0010203040PercentDuration051015202530Percent00 02500 025 Credit Ratings0102030405060PercentAAAAAAAAAAAAA/AAAAAAAAAAAAAAAAAAAAAAAAA-AAAAAAAAAAAAACredit Duration 0.0 -0.25 0.25- 0.5 0.5 -0.75 0.75- 1 1 - 2 2 - 3 3 - 4 4 - 5AAA19.5 2.0 0.0 0.0 0.0 0.0 0.0 0.0AA2.3 18.5 14.6 8.0 14.7 0.0 0.0 0.0A7.8 0.0 4.9 0.0 7.9 0.0 0.0 0.0BBB0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0BB0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0B0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0CCC0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0CC0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0C0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0Industry SectorsSovereign (56.7%)Cash (14.1%)Banks (6.4%)Diversified Fin... (4.6%)Credit Card ABS (4.3%)Beverages (2.9%)Computers (1.8%)Insurance (1.7%)Retail (1.7%)Other (5.8%)Risk Summary(WC-Contra Costa County)Dated: 4/2/20123/31/20122Page 26 Industry SubsectorsSovereign Agency (52.2%)Cash (14.1%)Sovereign (4.5%)Credit Card Bul... (4.3%)Fiduciary Banks (3%)Beverages-Non-a... (2.9%)Diversified Fin... (1.8%)Super-Regional ... (1.8%)Computer Servic... (1.8%)Other (13.6%)Risk Summary(WC-Contra Costa County)Dated: 4/2/20123/31/20123Page 27 TotalIndexExcessCMCQCYPMPQPYTMTQTY0.000.050.100.150.200.250.300.350.40Curr Month Curr Quarter Curr Year Prev Month Prev Quarter Prev Year Trailing Month Trailing Quarter Trailing Year 3/1/12-3/31/12 1/1/12-3/31/12 1/1/12-3/31/12 2/1/12-2/29/12 10/1/11-12/31/11 1/1/11-12/31/11 3/1/12-3/31/12 1/1/12-3/31/12 4/1/11-3/31/12Total Return0.015%0.113%0.113%0.023%0.109%0.412%0.015%0.113%0.383%Index Return0.010%0.005%0.005% -0.006%0.039%0.268%0.010%0.005%0.204%Excess Return0.005%0.108%0.108%0.029%0.070%0.144%0.005%0.108%0.178%Index: BofA Merrill Lynch 6 Month Treasury Bill Index (G0O2) (G0O2)Gross of Fees (includes trading expenses)Returns are actual and have not been annualized.Summary Performance(WC-Contra Costa County)Dated: 4/2/20123/31/20124Page 28 TotalIndexExcessCMCQCYPMPQPYTMTQTY-0.0250.0000.0250.0500.0750.1000.1250.1500.1750.2000.2250.2500.275Curr Month Curr Quarter Curr Year Prev Month Prev Quarter Prev Year Trailing Month Trailing Quarter Trailing Year 3/1/12-3/31/12 1/1/12-3/31/12 1/1/12-3/31/12 2/1/12-2/29/12 10/1/11-12/31/11 1/1/11-12/31/11 3/1/12-3/31/12 1/1/12-3/31/12 4/1/11-3/31/12Total Return0.003%0.077%0.077%0.011%0.071%0.255%0.003%0.077%0.230%Index Return0.010%0.005%0.005% -0.006%0.039%0.268%0.010%0.005%0.204%Excess Return-0.007%0.073%0.073%0.017%0.032% -0.012% -0.007%0.073%0.026%Index: BofA Merrill Lynch 6 Month Treasury Bill Index (G0O2) (G0O2)Net of Fees (includes management and trading)Returns are actual and have not been annualized.Summary Performance(WC-Contra Costa County)Dated: 4/2/20123/31/20125Page 29 Balance SheetWC-Contra Costa CountyAs of:12/31/20113/31/2012Original Cost44,969,411.22 44,856,963.99Amortization/Accretion-259,518.24 -237,894.90Realized Impairment Loss0.000.00Amortized Cost44,709,892.98 44,619,069.09Accrued Interest140,021.61 141,096.88Ending Book Value44,849,914.59 44,760,165.97Unrealized Gain21,071.3026,536.89Unrealized Loss-8,036.65-6,422.46Net Unrealized Gain/Loss13,034.6520,114.43Total Market Value44,862,949.23 44,780,280.41Income StatementBegin Date1/1/2012End Date3/31/2012Net Transfers In/Out-117,393.46Amortization/Accretion-89,715.39Interest Income129,974.48Dividend Income0.00Other Income0.00Income Subtotal129,974.48Realized Gain3,175.93Realized Loss-0.00Realized Impairment Loss0.00Net Gain/Loss3,175.92Expenses-15,790.16Net Income27,644.85Statement of Cash FlowsBegin Date1/1/2012End Date3/31/2012Net Income27,644.85Amortization/Accretion89,715.39Change in MV on CE Securities0.00Change in Accrued37,985.06Net Gain/Loss-3,175.92Balance Sheet Reclassifications0.00Non Cash Adjustments124,524.53Purchases of Marketable Securities-11,097,839.45Purchased Accrued of Marketable Securities-40,477.01Sales of Marketable Securities2,860,432.07Sold Accrued of Marketable Securities1,416.67Maturities of Marketable Securities2,600,000.00Net Purchases/Sales-5,676,467.72Transfers of Cash & Cash Equivalents-117,393.46Net Change in Cash & Cash Equivalents-5,641,691.80Beginning Cash & Cash Equivalents11,952,219.25Ending Cash & Cash Equivalents6,310,527.45Financials(WC-Contra Costa County)Dated: 4/2/20121/1/2012 - 3/31/20126Page 30 Cusip/ISINCurr Face DescriptionCoupon Maturity Eff Maturity Net TransfersNet G/L Amortization/AccretionIncome ExpensesNet Income Settle Date002819AA8700,000.00 ABBOTT LABORATORIES5.150 11/30/2012 11/30/20120.000.00 -7,911.49 9,012.500.001,101.01 05/18/2011039483BA9700,000.00 ARCHER-DANIELS-MIDLAND C0.670 08/13/2012 08/13/20120.000.000.00 1,137.690.001,137.69 02/11/201106406HBK4650,000.00 BANK OF NEW YORK MELLON5.125 08/27/2013 08/27/20130.000.00 -3,487.45 4,071.530.00584.08 02/17/2012084664BG5725,000.00 BERKSHIRE HATHAWAY FIN5.000 08/15/2013 08/15/20130.000.00 -7,376.78 9,062.500.001,685.72 09/14/201114912L4Q1700,000.00 CATERPILLAR FINANCIAL SE1.550 12/20/2013 12/20/20130.000.00-207.50301.390.0093.89 03/21/2012161571AN4700,000.00 CHAIT 2005-A6 A60.312 07/15/2014 06/19/20120.000.00-20.5766.680.0046.11 03/21/201217305EDX0700,000.00 CCCIT 2007-A7 A70.592 08/20/2014 08/20/20120.000.00-451.91 1,089.390.00637.49 06/01/2011191216AQ3700,000.00 COCA-COLA CO/THE0.553 05/15/2012 05/15/20120.000.00-107.11938.090.00830.98 02/18/201122541LAC70.00 CREDIT SUISSE USA INC6.500 01/15/2012 01/15/20120.000.00 -1,591.92 2,022.220.00430.30 08/18/2010313312WQ91,000,000.00 FED FARM CRD DISCOUNT NT0.000 05/09/2012 05/09/20120.000.00505.560.000.00505.56 05/10/201131331G2R91,000,000.00 FEDERAL FARM CREDIT BANK1.875 12/07/2012 12/07/20120.000.00 -3,956.52 4,687.500.00730.98 08/12/201131331GYP81,000,000.00 FEDERAL FARM CREDIT BANK2.125 06/18/2012 06/18/20120.000.00 -4,695.11 5,312.500.00617.39 06/14/201131331K2J81,000,000.00 FEDERAL FARM CREDIT BANK0.250 05/24/2013 05/24/20130.000.0023.89590.280.00614.17 01/06/2012313370BJ60.00 FEDERAL HOME LOAN BANK0.650 01/30/2012 01/30/20120.000.00-105.53523.610.00418.08 08/05/2010313374K661,000,000.00 FEDERAL HOME LOAN BANK0.260 07/06/2012 07/06/20120.000.009.97650.000.00659.97 07/07/2011313374TP51,000,000.00 FEDERAL HOME LOAN BANK0.250 07/18/2012 07/18/20120.000.009.95625.000.00634.95 07/18/2011313374XE51,000,000.00 FEDERAL HOME LOAN BANK0.250 07/20/2012 07/20/20120.000.00-14.92625.000.00610.08 07/20/2011313376BC81,000,000.00 FEDERAL HOME LOAN BANK0.180 11/14/2012 11/14/20120.000.0058.37450.000.00508.37 12/07/2011313376KA21,000,000.00 FEDERAL HOME LOAN BANK0.400 07/09/2013 07/09/20130.000.00-62.12 1,000.000.00937.89 12/01/2011313376L861,000,000.00 FEDERAL HOME LOAN BANK0.125 11/30/2012 11/30/20120.000.00168.89312.500.00481.39 12/05/20113133XQU341,000,000.00 FEDERAL HOME LOAN BANK3.625 05/29/2013 05/29/20130.000.00 -2,125.70 2,215.280.0089.59 03/09/20123133XUUJ01,000,000.00 FEDERAL HOME LOAN BANK1.625 09/26/2012 09/26/20120.000.00 -3,140.90 4,062.500.00921.60 06/30/20113133XW7L71,000,000.00 FEDERAL HOME LOAN BANK1.500 01/16/2013 01/16/20130.000.00 -3,233.50 3,750.000.00516.50 12/19/20113134G12L70.00 FREDDIE MAC0.850 02/08/2013 02/08/20130.000.00-467.69873.610.00405.92 05/24/20113134G1GQ11,500,000.00 FREDDIE MAC1.000 08/28/2012 08/28/20120.000.00 -1,879.68 3,750.000.001,870.32 03/24/20113134G1VX91,500,000.00 FREDDIE MAC0.800 04/19/2013 04/19/20130.000.00 -1,566.51 3,000.000.001,433.49 09/28/20113134G1WT71,500,000.00 FREDDIE MAC0.515 11/26/2012 11/26/20120.000.00-945.45 1,308.960.00363.51 01/30/20123134G2SL71,000,000.00 FREDDIE MAC0.625 08/08/2013 08/08/20120.000.00-679.33 1,562.500.00883.17 08/15/20113135G0CC5750,000.00 FANNIE MAE0.550 08/23/2013 08/23/20120.000.00-152.87252.090.0099.21 03/09/20123135G0DK60.00 FANNIE MAE0.600 09/27/2013 09/27/20130.000.00-461.70 1,111.500.00649.80 01/09/20123135G0EU31,000,000.00 FANNIE MAE0.625 10/25/2013 10/25/20120.000.000.00 1,562.500.001,562.50 11/14/20113135G0FG31,000,000.00 FANNIE MAE0.600 11/14/2013 11/14/20120.000.00-174.70416.660.00241.96 03/06/20123137EACP22,000,000.00 FREDDIE MAC0.375 11/30/2012 11/30/20120.000.00-854.08 1,875.000.001,020.92 12/08/201136159JBM2500,000.00 GEMNT 2009-2 A3.690 07/15/2015 07/15/20120.000.00 -3,781.97 4,612.500.00830.53 06/20/201136962G4H4800,000.00 GENERAL ELEC CAP CORP2.800 01/08/2013 01/08/20130.000.00 -3,302.31 5,600.000.002,297.69 05/24/2011428236AL70.00 HEWLETT-PACKARD CO5.250 03/01/2012 03/01/20120.000.00 -6,258.06 7,000.000.00741.94 02/23/201144924EAB6750,000.00 IBM INTL GROUP CAPITAL5.050 10/22/2012 10/22/20120.000.00 -7,472.93 9,468.750.001,995.82 02/18/201146623EJA8700,000.00 JPMORGAN CHASE & CO1.141 02/26/2013 02/26/20130.000.00-451.69 2,041.580.001,589.89 12/14/2011477867AB1406,911.93 JDOT 2011-A A20.640 06/16/2014 07/11/20120.00-0.0010.42829.470.00839.89 04/20/2011637432LM5500,000.00 NATIONAL RURAL UTIL COOP5.500 07/01/2013 07/01/20130.000.00 -3,029.19 3,437.500.00408.31 02/16/2012Income Detail(WC-Contra Costa County)Dated: 4/2/20121/1/2012 - 3/31/20127Page 31 Cusip/ISINCurr Face DescriptionCoupon Maturity Eff Maturity Net TransfersNet G/L Amortization/AccretionIncome ExpensesNet Income Settle Date665859AH7630,000.00 NORTHERN TRUST CORP5.200 11/09/2012 11/09/20120.000.00 -6,726.79 8,190.000.001,463.21 04/15/2011713448BF4600,000.00 PEPSICO INC5.150 05/15/2012 05/15/20120.000.00 -6,924.27 7,725.000.00800.73 04/15/201187612EAY2750,000.00 TARGET CORP0.610 01/11/2013 01/11/20130.000.000.00 1,015.830.001,015.83 01/12/201291159HGS30.00 US BANCORP2.125 02/15/2013 02/15/20130.00 3,175.93 -2,013.17 3,494.450.004,657.21 05/13/201191159HGZ7800,000.00 US BANCORP1.125 10/30/2013 09/30/20130.000.00-113.09400.000.00286.91 03/15/2012912828LB42,000,000.00 US TREASURY N/B1.500 07/15/2012 07/15/20120.000.00 -4,757.92 7,487.460.002,729.54 02/14/201191412GFA8750,000.00 CA UNI-FLTG-TXB-Y-20.642 07/01/2014 01/01/20140.000.000.00200.630.00200.63 03/16/20129499173976,310,460.91 WELLS FARGO ADV HER MMKT-INS0.010 ------0.000.000.00252.320.00252.32 ---CCYUSD66.54 US Dollar--- -------117,393.460.000.000.00 -15,790.16-15,790.16 ----------------------117,393.463,175.92-89,715.39129,974.48-15,790.1627,644.85---Income Detail(WC-Contra Costa County)Dated: 4/2/20121/1/2012 - 3/31/20128Page 32 Cash Equivalent (3)14.09% 6,310,527.45Cusip/ISINDescriptionCurr Face SectorRating Coupon Maturity Eff Maturity PurYieldYield Orig CostAmort CostUnreal G/L PriceAccr IntFair ValueMkt Value949917397WELLS FARGO ADV HER MMKT-INS6,310,460.91 CashAAAm/Aaa/NA 0.010 ------0.010 0.010 6,310,460.91 6,310,460.910.00 1.0000.00 6,310,460.91 6,310,460.91CCYUSDUS Dollar3.16 CashAAA/Aaa/AAA 0.000 ------0.000 0.0003.163.160.00 1.0000.003.163.16CCYUSDNet Receivables/Payables63.38 CashAAA/Aaa/AAA 0.000 ------0.000 0.00063.3863.380.00 1.0000.0063.3863.38------6,310,527.45 ---------------0.010 0.010 6,310,527.45 6,310,527.450.00 ---0.00 6,310,527.45 6,310,527.45Short Term (23)52.61% 23,557,117.21Cusip/ISINDescriptionCurr Face SectorRating Coupon Maturity Eff Maturity PurYieldYield Orig CostAmort CostUnreal G/L PriceAccr IntFair ValueMkt Value002819AA8 ABBOTT LABORATORIES700,000.00 IndustrialAA/A1/A+5.150 11/30/2012 11/30/2012 0.571 0.583 748,860.00721,126.30108.20 103.034 12,116.81721,234.50733,351.31039483BA9 ARCHER-DANIELS-MIDLAND C700,000.00 IndustrialA/A2/A0.670 08/13/2012 08/13/2012 0.680 0.276 700,000.00700,000.001,008.00 100.144625.33701,008.00701,633.33191216AQ3 COCA-COLA CO/THE700,000.00 Industrial A+/Aa3/A+ 0.553 05/15/2012 05/15/2012 0.492 0.101 700,532.00700,051.79348.61 100.057494.27700,400.40700,894.67313312WQ9 FED FARM CRD DISCOUNT NT1,000,000.00 AgencyA-1+*/P-1*/F1+*0.000 05/09/2012 05/09/2012 0.204 0.036 997,972.22999,788.89180.11 99.9970.00999,969.00999,969.0031331G2R9 FEDERAL FARM CREDIT BANK1,000,000.00 Agency AA+/Aaa/AAA* 1.875 12/07/2012 12/07/2012 0.279 0.209 1,021,000.00 1,010,869.57496.43 101.1375,937.50 1,011,366.00 1,017,303.5031331GYP8 FEDERAL FARM CREDIT BANK1,000,000.00 Agency AA+/Aaa/AAA* 2.125 06/18/2012 06/18/2012 0.234 0.186 1,019,090.00 1,004,024.3899.62100.4126,079.86 1,004,124.00 1,010,203.86313374K66FEDERAL HOME LOAN BANK1,000,000.00 Agency AA+/Aaa/F1+* 0.260 07/06/2012 07/06/2012 0.264 0.160 999,960.00999,989.48245.52 100.024613.89 1,000,235.00 1,000,848.89313374TP5 FEDERAL HOME LOAN BANK1,000,000.00 Agency AA+/Aaa/F1+* 0.250 07/18/2012 07/18/2012 0.254 0.141 999,960.00999,988.20305.80 100.029506.94 1,000,294.00 1,000,800.94313374XE5 FEDERAL HOME LOAN BANK1,000,000.00 Agency AA+/Aaa/F1+* 0.250 07/20/2012 07/20/2012 0.244 0.140 1,000,060.00 1,000,018.03281.97 100.030493.06 1,000,300.00 1,000,793.06313376BC8 FEDERAL HOME LOAN BANK1,000,000.00 Agency AA+/Aaa/F1+* 0.180 11/14/2012 11/14/2012 0.204 0.196 999,780.00999,854.4051.60 99.991685.00999,906.00 1,000,591.00313376L86FEDERAL HOME LOAN BANK1,000,000.00 Agency AA+/Aaa/F1+* 0.125 11/30/2012 11/30/2012 0.193 0.200 999,330.00999,549.00-48.00 99.950420.14999,501.00999,921.143133XUUJ0 FEDERAL HOME LOAN BANK1,000,000.00 Agency AA+/Aaa/AAA* 1.625 09/26/2012 09/26/2012 0.356 0.168 1,015,670.00 1,006,143.74935.26 100.708225.69 1,007,079.00 1,007,304.693133XW7L7 FEDERAL HOME LOAN BANK1,000,000.00 Agency AA+/Aaa/AAA* 1.500 01/16/2013 01/16/2013 0.196 0.241 1,014,000.00 1,010,304.57-348.57100.9963,125.00 1,009,956.00 1,013,081.003134G1GQ1 FREDDIE MAC1,500,000.00 Agency AA+/Aaa/AAA* 1.000 08/28/2012 08/28/2012 0.493 0.146 1,510,803.00 1,503,077.722,089.78 100.3451,375.00 1,505,167.50 1,506,542.503134G1WT7 FREDDIE MAC1,500,000.00 Agency AA+/Aaa/AAA 0.515 11/26/2012 11/26/2012 0.142 0.200 1,504,590.00 1,503,644.55-569.55 100.2052,682.29 1,503,075.00 1,505,757.293137EACP2 FREDDIE MAC2,000,000.00 Agency AA+/Aaa/AAA 0.375 11/30/2012 11/30/2012 0.203 0.142 2,003,360.00 2,002,280.67817.33 100.1552,520.83 2,003,098.00 2,005,618.8336962G4H4 GENERAL ELEC CAP CORP800,000.00 Financial AA+/Aa2/NR 2.800 01/08/2013 01/08/2013 1.116 0.594 821,592.00810,233.523,344.88 101.6975,164.44813,578.40818,742.8444924EAB6 IBM INTL GROUP CAPITAL750,000.00 Industrial A+/Aa3/A+ 5.050 10/22/2012 10/22/2012 1.011 0.174 800,257.50766,752.503,748.00 102.733 16,728.12770,500.50787,228.6246623EJA8 JPMORGAN CHASE & CO700,000.00 Financial A/Aa3/AA- 1.141 02/26/2013 02/26/2013 0.900 0.464 702,184.00701,642.962,645.94 100.613754.06704,288.90705,042.96665859AH7 NORTHERN TRUST CORP630,000.00 Financial A+/A1/AA- 5.200 11/09/2012 11/09/2012 0.862 0.629 672,430.50646,410.401,045.64 102.771 12,922.00647,456.04660,378.04713448BF4 PEPSICO INC600,000.00 IndustrialA-/Aa3/A5.150 05/15/2012 05/15/2012 0.496 0.949 630,132.00603,348.00-219.60 100.521 11,673.33603,128.40614,801.7387612EAY2 TARGET CORP750,000.00 IndustrialA+/A2/A-0.610 01/11/2013 01/11/2013 0.621 0.431 750,000.00750,000.001,056.00 100.1411,015.83751,056.00752,071.83912828LB4US TREASURY N/B2,000,000.00 Government AA+*/Aaa/AAA 1.500 07/15/2012 07/15/2012 0.541 0.144 2,027,031.25 2,005,489.912,400.09 100.3956,346.15 2,007,890.00 2,014,236.15------23,330,000.00 ---------------0.417 0.244 23,638,594.47 23,444,588.5820,023.06 ---92,505.57 23,464,611.64 23,557,117.21Long Term (18)33.30% 14,912,635.74Cusip/ISINDescriptionCurr Face SectorRating Coupon Maturity Eff Maturity PurYieldYield Orig CostAmort CostUnreal G/L PriceAccr IntFair ValueMkt Value06406HBK4 BANK OF NEW YORK MELLON650,000.00 Financial A+/Aa3/AA- 5.125 08/27/2013 08/27/2013 0.650 0.811 694,148.00690,660.55-1,475.95 106.0283,146.18689,184.60692,330.78084664BG5 BERKSHIRE HATHAWAY FIN725,000.00 Financial AA+/Aa2/A+ 5.000 08/15/2013 08/15/2013 0.873 0.672 781,825.50765,612.802,258.62 105.9134,631.94767,871.42772,503.3714912L4Q1 CATERPILLAR FINANCIAL SE700,000.00 FinancialA/A2/A1.550 12/20/2013 12/20/2013 0.558 0.634 712,054.00711,846.50-881.00 101.5673,044.03710,965.50714,009.53161571AN4 CHAIT 2005-A6 A6700,000.00 Asset Backed AAA/Aaa/AAA 0.312 07/15/2014 06/19/2012 0.219 0.207 700,218.75700,198.18-51.11 100.021103.05700,147.07700,250.1217305EDX0 CCCIT 2007-A7 A7700,000.00 Asset Backed AAA/Aaa/AAA 0.592 08/20/2014 08/20/2012 0.342 0.279 702,214.84700,700.21133.56 100.119138.08700,833.77700,971.8431331K2J8FEDERAL FARM CREDIT BANK1,000,000.00 Agency AA+/Aaa*/AAA 0.250 05/24/2013 05/24/2013 0.260 0.292 999,860.00999,883.89-351.89 99.953798.61999,532.00 1,000,330.61Balance Sheet Classification(WC-Contra Costa County)Dated: 4/2/20123/31/20129Page 33 Cusip/ISINDescriptionCurr Face SectorRating Coupon Maturity Eff Maturity PurYieldYield Orig CostAmort CostUnreal G/L PriceAccr IntFair ValueMkt Value313376KA2 FEDERAL HOME LOAN BANK1,000,000.00 Agency AA+/Aaa*/AAA*0.400 07/09/2013 07/09/2013 0.375 0.346 1,000,400.00 1,000,316.72377.28 100.069911.11 1,000,694.00 1,001,605.113133XQU34 FEDERAL HOME LOAN BANK1,000,000.00 Agency AA+/Aaa/AAA* 3.625 05/29/2013 05/29/2013 0.245 0.281 1,041,220.00 1,039,094.30-354.30103.874 12,284.72 1,038,740.00 1,051,024.723134G1VX9 FREDDIE MAC1,500,000.00 Agency AA+/Aaa/AAA 0.800 04/19/2013 04/19/2013 0.379 0.343 1,509,795.00 1,506,593.12600.88 100.4805,400.00 1,507,194.00 1,512,594.003134G2SL7 FREDDIE MAC1,000,000.00 Agency AA+/Aaa/AAA 0.625 08/08/2013 08/08/2012 0.351 0.440 1,002,680.00 1,000,963.01-324.01 100.064920.14 1,000,639.00 1,001,559.143135G0CC5 FANNIE MAE750,000.00 Agency AA+/Aaa/AAA 0.550 08/23/2013 08/23/2012 0.225 0.390 751,110.00750,957.13-485.38 100.063435.42750,471.75750,907.173135G0EU3 FANNIE MAE1,000,000.00 Agency AA+/Aaa/AAA 0.625 10/25/2013 10/25/2012 0.625 0.467 1,000,000.00 1,000,000.00901.00 100.0902,708.33 1,000,901.00 1,003,609.333135G0FG3 FANNIE MAE1,000,000.00 Agency AA+/Aaa*/AAA 0.600 11/14/2013 11/14/2012 0.353 0.468 1,001,700.00 1,001,525.30-694.30 100.0832,283.33 1,000,831.00 1,003,114.3336159JBM2 GEMNT 2009-2 A500,000.00 Asset Backed AAA/Aaa/AAA 3.690 07/15/2015 07/15/2012 0.640 1.142 516,250.00504,363.81398.24 100.952820.00504,762.05505,582.05477867AB1 JDOT 2011-A A2406,911.93 Asset Backed NA/Aaa/AAA 0.640 06/16/2014 07/11/2012 0.644 0.485 406,888.98406,902.83189.04 100.044115.74407,091.87407,207.61637432LM5 NATIONAL RURAL UTIL COOP500,000.00 Financial A+/A1/Withdrawn5.500 07/01/2013 07/01/2013 0.568 0.669 533,725.00530,695.81-618.81 106.0156,875.00530,077.00536,952.0091159HGZ7 US BANCORP800,000.00 Financial A/Aa3/AA- 1.125 10/30/2013 09/30/2013 0.818 0.782 803,752.00803,638.91439.49 100.5103,775.00804,078.40807,853.4091412GFA8 CA UNI-FLTG-TXB-Y-2750,000.00 Municipal AA/Aa1/AA+ 0.642 07/01/2014 01/01/2014 0.643 0.322 750,000.00750,000.0030.00 100.004200.63750,030.00750,230.62------14,681,911.93 ---------------0.464 0.470 14,907,842.07 14,863,953.0691.37 ---48,591.31 14,864,044.43 14,912,635.74Summary44,780,280.41Total Orig Face / Shares Total Curr Face / SharesYieldPurchase YieldTotal Orig CostTotal Book ValueTotal Amort CostTotal Unreal G/LTotal Accr IntTotal Fair ValueTotal Mkt Value44,515,527.4544,322,439.380.290.3844,856,963.9944,760,165.9744,619,069.0920,114.43141,096.8844,639,183.5244,780,280.41Balance Sheet Classification(WC-Contra Costa County)Dated: 4/2/20123/31/201210Page 34 PurchasesSalesMaturitiesCash Equivalents (<= 90 days)-3,804,609.339,446,200.740.00Marketable Securities Short Term-1,505,963.33813,760.672,600,000.00 Long Term-9,632,353.132,048,088.070.00 Equities0.000.000.00 Funds0.000.000.00Alternative Investments0.000.000.00Totals-14,942,925.7912,308,049.482,600,000.00Trade Date Settle Date Type Cusip/ISIN DescriptionCoupon Maturity Broker/Dealer Orig Face Notional Price Original Cost Principal Accr Int Real G/L Comm Proceeds Class01/05/2012 01/06/2012 BUY 31331K2J8 FEDERAL FARM CREDITBANK0.250 05/24/2013 GX CLARKE &CO.1,000,000.00 1,000,000.00 99.986 999,860.00 -999,860.00 208.330.00 0.00 -1,000,068.33 LT01/06/2012 01/09/2012 BUY 3135G0DK6 FANNIE MAE0.600 09/27/2013 CASTLEOAKSECURITIESINC855,000.00 855,000.00 100.054 855,461.70 -855,461.70 1,453.500.00 0.00 -856,915.20 LT01/09/2012 01/12/2012 BUY 87612EAY2 TARGET CORP0.610 01/11/2013 GoldmanSachs750,000.00 750,000.00 100.000 750,000.00 -750,000.000.000.00 0.00 -750,000.00 LT01/15/2012 01/17/2012 PPD 477867AB1 JDOT 2011-A A20.640 06/16/2014 ---18,527.98 18,527.98 --- 18,526.94 18,527.980.00-0.00 0.00 18,527.98 LT01/15/2012 01/15/2012 MTY 22541LAC7 CREDIT SUISSE USA INC 6.500 01/15/2012 ---800,000.00 800,000.00 100.000 858,560.00 800,000.000.000.00 0.00 800,000.00 ST01/27/2012 01/30/2012 BUY 3134G1WT7 FREDDIE MAC0.515 11/26/2012 BNP Paribas 1,500,000.00 1,500,000.00 100.306 1,504,590.00 -1,504,590.00 1,373.330.00 0.00 -1,505,963.33 ST01/30/2012 01/30/2012 MTY 313370BJ6 FEDERAL HOME LOANBANK0.650 01/30/2012 --- 1,000,000.00 1,000,000.00 100.000 1,001,976.00 1,000,000.000.000.00 0.00 1,000,000.00 ST02/08/2012 02/08/2012 CRDM 3134G12L7 FREDDIE MAC0.850 02/08/2013 --- 1,000,000.00 1,000,000.00 100.000 1,003,200.00 1,000,000.000.000.00 0.00 1,000,000.00 LT02/13/2012 02/16/2012 BUY 637432LM5 NATIONAL RURAL UTILCOOP5.500 07/01/2013 MIZUHOSECURITIESUSA INC.500,000.00 500,000.00 106.745 533,725.00 -533,725.00 3,437.500.00 0.00 -537,162.50 LT02/14/2012 02/17/2012 BUY 06406HBK4 BANK OF NEW YORKMELLON5.125 08/27/2013 UBSWARBURGLLC650,000.00 650,000.00 106.792 694,148.00 -694,148.00 15,730.900.00 0.00 -709,878.90 LT02/15/2012 02/15/2012 PPD 477867AB1 JDOT 2011-A A20.640 06/16/2014 ---104,722.95 104,722.95 --- 104,717.04 104,722.950.00-0.00 0.00 104,722.95 LT03/01/2012 03/01/2012 MTY 428236AL7 HEWLETT-PACKARD CO 5.250 03/01/2012 ---800,000.00 800,000.00 100.000 838,800.00 800,000.000.000.00 0.00800,000.00 ST03/05/2012 03/06/2012 BUY 3135G0FG3 FANNIE MAE0.600 11/14/2013 CASTLEOAKSECURITIESINC1,000,000.00 1,000,000.00 100.170 1,001,700.00 -1,001,700.00 1,866.670.00 0.00 -1,003,566.67 LT03/08/2012 03/09/2012 BUY 3135G0CC5 FANNIE MAE0.550 08/23/2013 CASTLEOAKSECURITIESINC750,000.00 750,000.00 100.148 751,110.00 -751,110.00 183.330.00 0.00 -751,293.33 LT03/08/2012 03/09/2012 BUY 3133XQU34 FEDERAL HOME LOANBANK3.625 05/29/2013 MIZUHOSECURITIESUSA INC.1,000,000.00 1,000,000.00 104.122 1,041,220.00 -1,041,220.00 10,069.440.00 0.00 -1,051,289.44 LT03/12/2012 03/15/2012 BUY 91159HGZ7 US BANCORP1.125 10/30/2013 US BancorpPiper-DTC800,000.00 800,000.00 100.469 803,752.00 -803,752.00 3,375.000.00 0.00 -807,127.00 LT03/12/2012 03/15/2012 SELL 91159HGS3 US BANCORP2.125 02/15/2013 US BancorpPiper-DTC800,000.00 800,000.00 101.543 817,520.00 812,344.00 1,416.67 3,175.93 0.00 813,760.67 ST03/15/2012 03/15/2012 PPD 477867AB1 JDOT 2011-A A20.640 06/16/2014 ---69,837.14 69,837.14 --- 69,833.20 69,837.140.000.00 0.00 69,837.14 LT03/15/2012 03/16/2012 BUY 91412GFA8 CA UNI-FLTG-TXB-Y-2 0.642 07/01/2014 GoldmanSachs750,000.00 750,000.00 100.000 750,000.00 -750,000.000.000.00 0.00 -750,000.00 LT03/16/2012 03/21/2012 BUY 161571AN4 CHAIT 2005-A6 A60.312 07/15/2014 KEYBANCCAPITALMARKETS INC700,000.00 700,000.00 100.031 700,218.75 -700,218.7536.370.00 0.00 -700,255.12 LT03/16/2012 03/21/2012 BUY 14912L4Q1 CATERPILLARFINANCIAL SE1.550 12/20/2013 Dain Rauscher 700,000.00 700,000.00 101.722 712,054.00 -712,054.00 2,742.640.00 0.00 -714,796.64 LTTrading Activity(WC-Contra Costa County)Dated: 4/2/20121/1/2012 - 3/31/201211Page 35 Trade Date Settle Date Type Cusip/ISIN DescriptionCoupon Maturity Broker/Dealer Orig Face Notional Price Original Cost Principal Accr Int Real G/L Comm Proceeds Class03/27/2012 03/27/2012 CRDM 3135G0DK6 FANNIE MAE0.600 09/27/2013 ---855,000.00 855,000.00 100.000 855,461.70 855,000.000.000.00 0.00 855,000.00 LT------ NMMF_BUY 949917397 WELLS FARGO ADV HERMMKT-INS--- --- Unknown 3,804,609.33 3,804,609.33 1.000 3,804,609.33 -3,804,609.330.000.00 0.00 -3,804,609.33 CE------ NMMF_SELL 949917397 WELLS FARGO ADV HERMMKT-INS--- --- Unknown 9,446,200.74 9,446,200.74 1.000 9,446,200.74 9,446,200.740.000.00 0.00 9,446,200.74 CE--------------- --------- 29,653,898.14------ 29,917,244.404,184.03 41,893.683,175.92 0.00 -34,876.31 ---Trading Activity(WC-Contra Costa County)Dated: 4/2/20121/1/2012 - 3/31/201212Page 36 SummaryCash Affecting TransactionsCusip/ISINBeginning BalanceEnding BalanceCCYUSD3.173.16Trade DateSettle DateTypeNotional Cusip/ISINDescriptionCoupon MaturityPriceAmount------NMMF_BUY--- 949917397WELLS FARGO ADV HER MMKT-INS------1.000-3,804,609.33------NMMF_SELL--- 949917397WELLS FARGO ADV HER MMKT-INS------1.0009,446,200.7412/31/201101/01/2012MMF--- 949917397WELLS FARGO ADV HER MMKT-INS0.010------163.7601/05/201201/06/2012BUY1,000,000.00 31331K2J8FEDERAL FARM CREDIT BANK0.250 05/24/201399.986-1,000,068.3301/06/201201/06/2012CPN--- 313374K66FEDERAL HOME LOAN BANK0.260 07/06/2012---1,300.0001/06/201201/09/2012BUY855,000.00 3135G0DK6FANNIE MAE0.600 09/27/2013100.054-856,915.2001/08/201201/09/2012CPN--- 36962G4H4GENERAL ELEC CAP CORP2.800 01/08/2013---11,200.0001/09/201201/09/2012CPN--- 313376KA2FEDERAL HOME LOAN BANK0.400 07/09/2013---455.5601/09/201201/12/2012BUY750,000.00 87612EAY2TARGET CORP0.610 01/11/2013100.000-750,000.0001/13/201201/13/2012TRN--- CCYUSDUS Dollar----------53,746.1201/15/201201/17/2012CPN--- 477867AB1JDOT 2011-A A20.640 06/16/2014---320.0001/15/201201/17/2012PPD--- 477867AB1JDOT 2011-A A20.640 06/16/2014---18,527.9801/15/201201/15/2012MTY800,000.00 22541LAC7CREDIT SUISSE USA INC6.500 01/15/2012100.000800,000.0001/15/201201/17/2012CPN--- 912828LB4US TREASURY N/B1.500 07/15/2012---15,000.0001/15/201201/17/2012CPN--- 22541LAC7CREDIT SUISSE USA INC6.500 01/15/2012---26,000.0001/15/201201/17/2012CPN--- 36159JBM2GEMNT 2009-2 A3.690 07/15/2015---1,537.5001/16/201201/16/2012CPN--- 3133XW7L7FEDERAL HOME LOAN BANK1.500 01/16/2013---7,500.0001/18/201201/18/2012CPN--- 313374TP5FEDERAL HOME LOAN BANK0.250 07/18/2012---1,250.0001/20/201201/20/2012CPN--- 313374XE5FEDERAL HOME LOAN BANK0.250 07/20/2012---1,250.0001/20/201201/20/2012CPN--- 17305EDX0CCCIT 2007-A7 A70.592 08/20/2014---382.6701/20/201201/20/2012MEXP--- CCYUSDUS Dollar----------5,215.1601/27/201201/30/2012BUY1,500,000.00 3134G1WT7FREDDIE MAC0.515 11/26/2012100.306-1,505,963.3301/30/201201/30/2012CPN--- 313370BJ6FEDERAL HOME LOAN BANK0.650 01/30/2012---3,250.0001/30/201201/30/2012MTY1,000,000.00 313370BJ6FEDERAL HOME LOAN BANK0.650 01/30/2012100.0001,000,000.0001/31/201202/01/2012MMF--- 949917397WELLS FARGO ADV HER MMKT-INS0.010------87.9802/08/201202/08/2012CPN--- 3134G12L7FREDDIE MAC0.850 02/08/2013---4,250.0002/08/201202/08/2012CPN--- 3134G2SL7FREDDIE MAC0.625 08/08/2013---3,125.0002/08/201202/08/2012CRDM1,000,000.00 3134G12L7FREDDIE MAC0.850 02/08/2013100.0001,000,000.0002/13/201202/13/2012CPN--- 039483BA9ARCHER-DANIELS-MIDLAND C0.670 08/13/2012---1,096.2002/13/201202/16/2012BUY500,000.00 637432LM5NATIONAL RURAL UTIL COOP5.500 07/01/2013106.745-537,162.5002/14/201202/14/2012TRN--- CCYUSDUS Dollar----------32,856.1502/14/201202/17/2012BUY650,000.00 06406HBK4BANK OF NEW YORK MELLON5.125 08/27/2013106.792-709,878.9002/15/201202/15/2012CPN--- 084664BG5BERKSHIRE HATHAWAY FIN5.000 08/15/2013---18,125.0002/15/201202/15/2012CPN--- 191216AQ3COCA-COLA CO/THE0.553 05/15/2012---907.36Transaction Detail(WC-Contra Costa County)Dated: 4/2/20121/1/2012 - 3/31/201213Page 37 Payable/Receivable TransactionsTrade DateSettle DateTypeNotional Cusip/ISINDescriptionCoupon MaturityPriceAmount02/15/201202/15/2012CPN--- 477867AB1JDOT 2011-A A20.640 06/16/2014---310.1202/15/201202/15/2012PPD--- 477867AB1JDOT 2011-A A20.640 06/16/2014---104,722.9502/15/201202/15/2012CPN--- 91159HGS3US BANCORP2.125 02/15/2013---8,500.0002/15/201202/15/2012CPN--- 36159JBM2GEMNT 2009-2 A3.690 07/15/2015---1,537.5002/21/201202/21/2012CPN--- 17305EDX0CCCIT 2007-A7 A70.592 08/20/2014---392.5602/21/201202/21/2012MEXP--- CCYUSDUS Dollar----------5,336.4202/27/201202/27/2012CPN--- 46623EJA8JPMORGAN CHASE & CO1.141 02/26/2013---2,055.5102/27/201202/27/2012CPN--- 06406HBK4BANK OF NEW YORK MELLON5.125 08/27/2013---16,656.2502/28/201202/28/2012CPN--- 3134G1GQ1FREDDIE MAC1.000 08/28/2012---7,500.0002/29/201203/01/2012MMF--- 949917397WELLS FARGO ADV HER MMKT-INS0.010------100.9603/01/201203/01/2012CPN--- 428236AL7HEWLETT-PACKARD CO5.250 03/01/2012---21,000.0003/01/201203/01/2012MTY800,000.00 428236AL7HEWLETT-PACKARD CO5.250 03/01/2012100.000800,000.0003/05/201203/06/2012BUY1,000,000.00 3135G0FG3FANNIE MAE0.600 11/14/2013100.170-1,003,566.6703/08/201203/09/2012BUY750,000.00 3135G0CC5FANNIE MAE0.550 08/23/2013100.148-751,293.3303/08/201203/09/2012BUY1,000,000.00 3133XQU34FEDERAL HOME LOAN BANK3.625 05/29/2013104.122-1,051,289.4403/08/201203/08/2012TRN--- CCYUSDUS Dollar----------30,791.1903/12/201203/15/2012BUY800,000.00 91159HGZ7US BANCORP1.125 10/30/2013100.469-807,127.0003/12/201203/15/2012SELL800,000.00 91159HGS3US BANCORP2.125 02/15/2013101.543813,760.6703/15/201203/15/2012PPD--- 477867AB1JDOT 2011-A A20.640 06/16/2014---69,837.1403/15/201203/15/2012CPN--- 36159JBM2GEMNT 2009-2 A3.690 07/15/2015---1,537.5003/15/201203/15/2012CPN--- 477867AB1JDOT 2011-A A20.640 06/16/2014---254.2703/15/201203/16/2012BUY750,000.00 91412GFA8CA UNI-FLTG-TXB-Y-20.642 07/01/2014100.000-750,000.0003/16/201203/21/2012BUY700,000.00 161571AN4CHAIT 2005-A6 A60.312 07/15/2014100.031-700,255.1203/16/201203/21/2012BUY700,000.00 14912L4Q1CATERPILLAR FINANCIAL SE1.550 12/20/2013101.722-714,796.6403/20/201203/20/2012MEXP--- CCYUSDUS Dollar----------5,238.5803/20/201203/20/2012CPN--- 17305EDX0CCCIT 2007-A7 A70.592 08/20/2014---324.2203/26/201203/26/2012CPN--- 3133XUUJ0FEDERAL HOME LOAN BANK1.625 09/26/2012---8,125.0003/27/201203/27/2012CPN--- 3135G0DK6FANNIE MAE0.600 09/27/2013---2,565.0003/27/201203/27/2012CRDM855,000.00 3135G0DK6FANNIE MAE0.600 09/27/2013100.000855,000.00------------------ --- --- --- -0.01Trade DateSettle DateTypeNotional Cusip/ISINDescriptionCoupon MaturityPriceAmount03/31/201204/02/2012MMF--- 949917397WELLS FARGO ADV HER MMKT-INS0.010------63.38------------------ --- --- --- 63.38Transaction Detail(WC-Contra Costa County)Dated: 4/2/20121/1/2012 - 3/31/201214Page 38 Cash Affecting TransactionsCusip/ISINDescriptionBeginning BalanceEnding Balance949917397WELLS FARGO ADV HER MMKT-INS11,952,052.326,310,460.91Trade Date Settle Date Type NotionalCusip/ISINTickerDescriptionReal G/LAmount01/03/2012 01/03/2012 BUY163.76 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.00-163.7601/06/2012 01/06/2012 SELL998,768.33 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.00 998,768.3301/09/2012 01/09/2012 SELL845,259.64 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.00 845,259.6401/12/2012 01/12/2012 SELL750,000.00 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.00 750,000.0001/13/2012 01/13/2012 SELL53,746.12 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.0053,746.1201/17/2012 01/17/2012 BUY848,820.00 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.00 -848,820.0001/18/2012 01/18/2012 BUY21,315.48 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.00-21,315.4801/20/2012 01/20/2012 SELL3,965.16 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.003,965.1601/23/2012 01/23/2012 BUY382.67 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.00-382.6701/30/2012 01/30/2012 SELL502,713.33 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.00 502,713.3301/31/2012 02/01/2012 MMF0.00 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.0087.9802/01/2012 02/01/2012 BUY87.97 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.00-87.9702/08/2012 02/08/2012 BUY 1,007,375.00 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.00 -1,007,375.0002/13/2012 02/13/2012 BUY1,096.20 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.00-1,096.2002/14/2012 02/14/2012 SELL32,856.15 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.0032,856.1502/15/2012 02/15/2012 BUY105,033.07 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.00 -105,033.0702/15/2012 02/15/2012 BUY1,537.50 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.00-1,537.5002/15/2012 02/15/2012 BUY26,625.00 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.00-26,625.0002/16/2012 02/16/2012 SELL537,162.50 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.00 537,162.5002/16/2012 02/16/2012 BUY907.36 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.00-907.3602/17/2012 02/17/2012 SELL709,878.90 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.00 709,878.9002/21/2012 02/21/2012 SELL4,943.86 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.004,943.8602/27/2012 02/27/2012 BUY18,711.76 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.00-18,711.7602/28/2012 02/28/2012 BUY7,500.00 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.00-7,500.00MMF Transaction Detail(WC-Contra Costa County)Dated: 4/2/20121/1/2012 - 3/31/201215Page 39 Payable/Receivable TransactionsTrade Date Settle Date Type NotionalCusip/ISINTickerDescriptionReal G/LAmount02/29/2012 03/01/2012 MMF0.00 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.00100.9603/01/2012 03/01/2012 BUY821,100.98 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.00 -821,100.9803/06/2012 03/06/2012 SELL 1,003,566.67 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.00 1,003,566.6703/08/2012 03/08/2012 SELL30,791.19 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.0030,791.1903/09/2012 03/09/2012 SELL 1,802,582.77 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.00 1,802,582.7703/15/2012 03/15/2012 BUY1,537.50 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.00-1,537.5003/15/2012 03/15/2012 BUY76,725.08 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.00-76,725.0803/16/2012 03/16/2012 SELL750,000.00 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.00 750,000.0003/20/2012 03/20/2012 SELL4,914.36 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.004,914.3603/21/2012 03/21/2012 SELL 1,415,051.76 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.00 1,415,051.7603/26/2012 03/26/2012 BUY8,125.00 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.00-8,125.0003/27/2012 03/27/2012 BUY857,565.00 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.00 -857,565.00------ --------------- 0.005,641,780.35Trade Date Settle Date Type NotionalCusip/ISINTickerDescriptionReal G/LAmount03/31/2012 04/02/2012 MMF0.00 949917397 SHIXXWELLS FARGO ADV HER MMKT-INS0.0063.38------ --------------- 0.0063.38MMF Transaction Detail(WC-Contra Costa County)Dated: 4/2/20121/1/2012 - 3/31/201216Page 40 BACM-Contra Costa CoBegin Date1/1/2012End Date3/31/2012Page 41 SummaryCash13,842,249.94Fixed Income23,843,842.65Duration0.446Convexity0.008Weighted Avg Life0.451Weighted Avg Maturity0.451Weighted Avg Eff Maturity0.451Yield0.403%Purchase Yield0.399%Avg Credit RatingAA/Aa2/AASecurity TypeMM Fund (36.7%)Agency (30.3%)Corporate (25.7%)US Gov (6%)CP (1.3%)Currency (0%)MMF Asset AllocationForeign Bank (25%)1st Tier CP (e... (24%)Repo (22%)FRNS (15%)ABCP (8%)Other (6%)Issuer ConcentrationMMF - BOFA CASH RESERVES-CAPTL36.7%Federal National Mortgage Associa...20.9%Federal Home Loan Banks Office of...7.4%Government of the United States6.0%The Goldman Sachs Group, Inc.2.7%International Business Machines C...2.6%Deere & Company2.6%JPMorgan Chase & Co.2.1%Other19.0%CountryUnited States (100%)CurrencyUS Dollar (100%)Risk Summary (BACM-Contra Costa Co)Dated: 5/2/20123/31/2012Prepared for the exclusive use of the recipient. Distribution to any other isprohibited. This report is a snapshot appraisal that has not been audited and shouldnot be relied on for decision making purposes without first comparing it to astatement from your custodian.1Page 42 Market SectorsCash (36.7%)Government (6%)Agency (30.3%)Financial (12.5%)Industrial (11.1%)FDIC Guaranteed (3.4%)Time to Maturity (Years)Effective MaturityFinal Maturity0.00.51.01.52.02.501020304050PercentDuration01020304050Percent 0.0 - 0.25 0.25 - 0.5 0.5 - 0.75 0.75 - 1 1 - 2 2 - 3 3 - 4 4 - 5Credit Ratings0510152025303540PercentAAA/Aaa/AAAAA/Aa/AAA/A/AA-1 /P-1/F1 Not RatedCredit Duration 0.0 -0.25 0.25- 0.5 0.5 -0.75 0.75- 1 1 - 2 2 - 3 3 - 4 4 - 5AAA14.8 11.3 9.3 3.4 0.0 2.0 0.0 0.0AA1.6 0.0 2.7 1.0 3.2 0.0 0.0 0.0A1.4 1.6 0.0 2.8 6.8 1.2 0.0 0.0BBB0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0BB0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0B0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0CCC0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0CC0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0C0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0NA36.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0Industry SectorsCash (36.7%)Sovereign (36.3%)Diversified Fin... (8.1%)Banks (7.8%)Computers (2.6%)Media (1.4%)Telecommunicati... (1.4%)Beverages (1.2%)Transportation (1%)Other (3.6%)Risk Summary (BACM-Contra Costa Co)Dated: 5/2/20123/31/2012Prepared for the exclusive use of the recipient. Distribution to any other isprohibited. This report is a snapshot appraisal that has not been audited and shouldnot be relied on for decision making purposes without first comparing it to astatement from your custodian.2Page 43 Industry SubsectorsCash (36.7%)Sovereign Agency (30.3%)Sovereign (6%)Diversified Ban... (4.8%)Computer Servic... (2.6%)Finance-Consume... (2.6%)Diversified Fin... (1.6%)Commer Banks-So... (1.6%)Multimedia (1.4%)Other (12.4%)Risk Summary (BACM-Contra Costa Co)Dated: 5/2/20123/31/2012Prepared for the exclusive use of the recipient. Distribution to any other isprohibited. This report is a snapshot appraisal that has not been audited and shouldnot be relied on for decision making purposes without first comparing it to astatement from your custodian.3Page 44 DisclosureBofA Global Capital Management is an asset management division of Bank of America Corporation. BofA GlobalCapital Management entities furnish investment management services and products for institutional andindividual investors.BofA Advisors, LLC is an SEC-registered investment advisor and indirect, wholly owned subsidiary of Bank ofAmerica Corporation and is part of BofA Global Capital Management.©2011 Bank of America Corporation.All rights reserved.BofA Advisors, LLC100 Federal Street, Boston, MA 02110www.bofacapital.comDisclosure (BACM-Contra Costa Co)Dated: 5/2/20123/31/2012Prepared for the exclusive use of the recipient. Distribution to any other isprohibited. This report is a snapshot appraisal that has not been audited and shouldnot be relied on for decision making purposes without first comparing it to astatement from your custodian.4Page 45 AccountingBalance Sheet ClassificationBook Value Market ValueCash & Cash Equivalents14,341,992.16 14,342,026.29Short Term Investments18,210,200.14 18,225,732.68Long Term Investments4,960,641.77 4,962,189.29Equity0.00 0.00Alternative Investments0.00 0.00Accrued Interest Receivable156,144.33 156,144.33Total37,668,978.41 37,686,092.59Interest Income DetailTax ExemptTaxableBeginning Accrued0.00182,392.26Purchased Accrued0.0021,111.82Sold Accrued0.000.00Coupons Received0.00206,843.49Equity Dividends Received0.000.00Interest Accrued In Period0.00159,483.75Other Income0.000.00Interest Income Total0.00159,483.75Ending Accrued0.00156,144.33Amortization/AccretionTax ExemptTaxableBeginning Amortized Cost0.00 37,667,774.21Purchases0.00 6,368,345.01Sales0.00 6,404,684.67Ending Amortized Cost0.00 37,510,530.59Amortization/Accretion0.00-120,903.97Realized Gain/LossRealized Gain0.00Realized Loss0.00Realized Impairment Loss0.00Net Realized Gain/Loss0.00Expenses-8,905.00Net Income29,674.78TransactionsPurchases/Sales/MaturitiesPurchasesSalesMaturitiesCash & Cash Equivalents-3,422,123.19 3,536,684.670.00Short Term Marketable Securities0.000.00 2,868,000.00Long Term Marketable Securities-2,967,333.640.000.00Equities0.000.000.00Funds0.000.000.00Alternative Investments0.000.000.00Total-6,389,456.83 3,536,684.67 2,868,000.00Contributions/DistributionsContributions0.00Distributions-212,562.64Total-212,562.64PerformanceSummary1 Month3 MonthYTD2/29/12-3/31/12 12/31/11-3/31/12 12/31/11-3/31/12Income Return0.03%0.08%0.08%Price Return-0.02%-0.01%-0.01%Total Return0.02%0.07%0.07%1 Year3 Year Since Inception12/31/10-12/31/11 12/31/08-12/31/11 2/1/98-3/31/12Income Return0.31%---%---%Price Return0.01%---%---%Total Return0.32%0.34%3.14%ComplianceCompliantRiskSummaryPurchase Yield0.399Duration (Years)0.446Duration (Days)162WAM (Effective)0.451Avg CreditB-/B3/B-Duration0-90 Days52.5890-180 Days14.95180-365 Days19.251-2 Years9.98Over 2 Years3.24Credit RatingsAAA/Aaa/AAA40.96AA/Aa/AA8.55A/A/A13.76BBB/Baa/BBB0.00Non-Investment Grade0.00Not Rated36.72SectorsCash36.73Government5.99Agency30.27Municipal0.00Corporate27.00Asset Backed0.00Mortgage Backed0.00Account Summary(BACM-Contra Costa Co)Dated: 4/3/20121/1/2012 - 3/31/2012Prepared for the exclusive use of the recipient. Distribution to any other isprohibited. This report is a snapshot appraisal that has not been audited and shouldnot be relied on for decision making purposes without first comparing it to astatement from your custodian.1Page 46 Balance SheetBACM-Contra Costa CoAs of:12/31/20113/31/2012Original Cost38,067,943.41 37,861,033.76Amortization/Accretion-398,469.40 -348,199.68Realized Impairment Loss0.000.00Amortized Cost37,669,474.01 37,512,834.08Accrued Interest182,392.26 156,144.33Ending Book Value37,851,866.27 37,668,978.41Unrealized Gain26,322.4922,207.48Unrealized Loss-4,856.80-5,093.30Net Unrealized Gain/Loss21,465.6917,114.18Total Market Value37,873,331.96 37,686,092.59Income StatementBegin Date1/1/2012End Date3/31/2012Net Transfers In/Out-212,562.64Amortization/Accretion-120,903.97Interest Income159,483.75Dividend Income0.00Other Income0.00Income Subtotal159,483.75Realized Gain0.00Realized Loss0.00Realized Impairment Loss0.00Net Gain/Loss0.00Expenses-8,905.00Net Income29,674.78Statement of Cash FlowsBegin Date1/1/2012End Date3/31/2012Net Income29,674.78Amortization/Accretion120,903.97Change in MV on CE Securities138.85Change in Accrued47,359.74Net Gain/Loss0.00Balance Sheet Reclassifications0.00Non Cash Adjustments168,402.56Purchases of Marketable Securities-2,946,221.82Purchased Accrued of Marketable Securities-21,111.82Sales of Marketable Securities0.00Sold Accrued of Marketable Securities0.00Maturities of Marketable Securities2,868,000.00Net Purchases/Sales-99,333.64Transfers of Cash & Cash Equivalents-212,562.64Net Change in Cash & Cash Equivalents-113,818.94Beginning Cash & Cash Equivalents14,455,845.23Ending Cash & Cash Equivalents14,342,026.29Financials(BACM-Contra Costa Co)Dated: 4/3/20121/1/2012 - 3/31/2012Prepared for the exclusive use of the recipient. Distribution to any other isprohibited. This report is a snapshot appraisal that has not been audited and shouldnot be relied on for decision making purposes without first comparing it to astatement from your custodian.2Page 47 Cusip/ISINCurr Face DescriptionCoupon Maturity Eff Maturity Net TransfersNet G/L Amortization/AccretionIncome ExpensesNet Income Settle Date05531FAC7600,000.00 BB&T CORPORATION3.850 07/27/2012 07/27/20120.000.00 -4,736.75 5,775.000.001,038.25 11/02/2011064057BA9245,000.00 BANK OF NEW YORK MELLON6.375 04/01/2012 04/01/20120.000.00 -2,896.98 3,904.690.001,007.71 06/21/2010064057BA9255,000.00 BANK OF NEW YORK MELLON6.375 04/01/2012 04/01/20120.000.00 -2,991.30 4,064.060.001,072.76 06/21/2010097014AH7340,000.00 BOEING CAPITAL CORP5.800 01/15/2013 01/15/20130.000.00 -4,331.60 4,930.000.00598.40 11/16/201109710085313,839,946.45 BOFA CASH RESERVES-CAPTL0.210 ------0.000.000.00 6,322.260.006,322.26 ---10138MAB1213,000.00 BOTTLING GROUP LLC4.625 11/15/2012 11/15/20120.000.00 -2,205.56 2,462.810.00257.25 08/19/201114912L4Q1300,000.00 CATERPILLAR FINANCIAL SE1.550 12/20/2013 12/20/20130.000.00-647.47 1,162.500.00515.03 11/25/201117275RAJ1500,000.00 CISCO SYSTEMS INC1.625 03/14/2014 03/14/20140.000.00-606.99857.640.00250.65 02/23/2012191216AL4209,000.00 COCA-COLA CO/THE3.625 03/15/2014 03/15/20140.000.00-970.86 1,136.430.00165.57 02/07/201224422EQJ10.00 JOHN DEERE CAPITAL CORP5.350 01/17/2012 01/17/20120.000.00-415.68475.560.0059.87 03/21/201124422ERA9700,000.00 JOHN DEERE CAPITAL CORP1.600 03/03/2014 03/03/20140.000.00 -1,391.55 2,800.000.001,408.45 12/22/201124424DAA7248,000.00 JOHN DEERE CAPITAL CORP TLGP2.875 06/19/2012 06/19/20120.000.00 -1,498.87 1,782.500.00283.63 04/08/2011254687AW6340,000.00 WALT DISNEY COMPANY/THE4.500 12/15/2013 12/15/20130.000.00 -3,274.55 3,825.000.00550.45 09/23/201125468PCQ7150,000.00 WALT DISNEY COMPANY/THE0.875 12/01/2014 12/01/20140.000.00-67.11167.700.00100.60 02/15/2012263534BS7316,000.00 E.I. DU PONT DE NEMOURS5.000 01/15/2013 01/15/20130.000.00 -3,108.97 3,423.340.00314.37 01/13/20123024A6F49500,000.00 FCAR OWNER TRUST0.000 06/04/2012 06/04/20120.000.00104.720.000.00104.72 03/06/2012313374JP6750,000.00 FEDERAL HOME LOAN BANK0.250 06/29/2012 06/29/20120.000.000.00468.750.00468.75 07/01/20113133XP2W3500,000.00 FEDERAL HOME LOAN BANK3.375 02/27/2013 02/27/20130.000.00 -3,731.71 4,218.750.00487.04 10/14/20113133XUE41700,000.00 FEDERAL HOME LOAN BANK1.750 08/22/2012 08/22/20120.000.00 -2,288.70 3,062.500.00773.80 04/15/20113133XUUJ0500,000.00 FEDERAL HOME LOAN BANK1.625 09/26/2012 09/26/20120.000.00 -1,136.10 2,031.250.00895.15 12/15/20103133XUUJ0300,000.00 FEDERAL HOME LOAN BANK1.625 09/26/2012 09/26/20120.000.00-783.42 1,218.750.00435.33 03/02/20113135G0BJ1750,000.00 FANNIE MAE1.125 06/27/2014 06/27/20140.000.00 -1,043.69 1,828.120.00784.44 01/13/20123137EACE7750,000.00 FREDDIE MAC2.125 09/21/2012 09/21/20120.000.00 -3,535.85 3,984.380.00448.53 09/29/201131398A3N02,000,000.00 FANNIE MAE0.625 09/24/2012 09/24/20120.000.00 -1,114.32 3,125.000.002,010.68 11/01/201031398A4T62,000,000.00 FANNIE MAE0.500 10/30/2012 10/30/20120.000.00 -1,503.03 2,500.000.00996.97 11/09/201131398ABX91,279,000.00 FANNIE MAE4.875 05/18/2012 05/18/20120.000.00 -14,748.61 15,587.810.00839.20 06/30/201131398AKY7750,000.00 FANNIE MAE3.625 02/12/2013 02/12/20130.000.00 -5,160.14 6,796.880.001,636.74 03/01/201131398AWK41,000,000.00 FANNIE MAE1.875 04/20/2012 04/20/20120.000.00 -3,778.08 4,687.500.00909.42 10/21/2010369550AK4314,000.00 GENERAL DYNAMICS CORP4.250 05/15/2013 05/15/20130.000.00 -2,606.01 2,928.480.00322.48 01/12/201236962G2L7600,000.00 GENERAL ELEC CAP CORP5.000 04/10/2012 04/10/20120.000.00 -5,887.01 7,500.000.001,612.99 12/06/201038141GBU70.00 GOLDMAN SACHS GROUP INC6.600 01/15/2012 01/15/20120.000.00-359.31513.330.00154.02 03/17/201038146FAA91,000,000.00 GOLDMAN SACHS GROUP INC TLGP3.250 06/15/2012 06/15/20120.000.00 -5,962.09 8,125.000.002,162.91 06/29/2010428236AU70.00 HEWLETT-PACKARD CO4.250 02/24/2012 02/24/20120.000.00 -1,606.37 2,189.930.00583.56 03/01/2010438516AY2300,000.00 HONEYWELL INTERNATIONAL3.875 02/15/2014 02/15/20140.000.00 -2,325.99 2,906.250.00580.26 11/17/2011459200GR6200,000.00 IBM CORP2.100 05/06/2013 05/06/20130.000.00-793.88 1,050.000.00256.12 12/23/2011459200GR6325,000.00 IBM CORP2.100 05/06/2013 05/06/20130.000.00-650.91834.170.00183.26 02/17/2012459200GT2450,000.00 IBM CORP1.000 08/05/2013 08/05/20130.000.00-445.05 1,125.000.00679.95 11/22/201146625HGT1750,000.00 JPMORGAN CHASE & CO5.375 10/01/2012 10/01/20120.000.00 -8,258.09 10,078.130.001,820.03 07/28/2011Income Detail(BACM-Contra Costa Co)Dated: 4/3/20121/1/2012 - 3/31/2012Prepared for the exclusive use of the recipient. Distribution to any other isprohibited. This report is a snapshot appraisal that has not been audited and shouldnot be relied on for decision making purposes without first comparing it to astatement from your custodian.3Page 48 Cusip/ISINCurr Face DescriptionCoupon Maturity Eff Maturity Net TransfersNet G/L Amortization/AccretionIncome ExpensesNet Income Settle Date494368AR40.00 KIMBERLY-CLARK CORP5.625 02/15/2012 02/15/20120.000.00 -1,910.53 2,440.620.00530.09 03/01/2010532457AU20.00 ELI LILLY & CO6.000 03/15/2012 03/15/20120.000.00 -4,028.16 4,686.670.00658.51 01/06/201158013MDR20.00 MCDONALD'S CORP5.750 03/01/2012 03/01/20120.000.00 -3,569.38 4,072.920.00503.54 01/14/201161746BCW40.00 MORGAN STANLEY5.625 01/09/2012 01/09/20120.000.00-409.24500.000.0090.76 01/14/201169371RK39300,000.00 PACCAR FINANCIAL CORP1.550 09/29/2014 09/29/20140.000.00-157.78297.080.00139.30 03/08/201269373UAB30.00 PACCAR INC6.375 02/15/2012 02/15/20120.000.00 -1,673.03 1,784.290.00111.26 04/19/201187612EAH90.00 TARGET CORP5.875 03/01/2012 03/01/20120.000.00 -2,913.69 3,221.450.00307.76 03/29/201187612EAT3350,000.00 TARGET CORP5.125 01/15/2013 01/15/20130.000.00 -3,970.43 4,484.370.00513.95 08/19/2011911312AG1370,000.00 UNITED PARCEL SERVICE4.500 01/15/2013 01/15/20130.000.00 -3,407.49 4,162.500.00755.01 03/30/2011912828KP4750,000.00 US TREASURY N/B1.375 05/15/2012 05/15/20120.000.00 -2,173.94 2,578.120.00404.18 05/18/2011912828PD6500,000.00 US TREASURY N/B0.375 10/31/2012 10/31/20120.000.00108.10468.750.00576.85 04/21/2011912828PD61,000,000.00 US TREASURY N/B0.375 10/31/2012 10/31/20120.000.00-40.51937.500.00896.99 05/16/2011CCYUSD2,303.49 US Dollar--- -------212,562.640.000.000.00 -8,905.00-8,905.00 ----------------------212,562.640.00-120,903.97159,483.75-8,905.0029,674.78---Income Detail(BACM-Contra Costa Co)Dated: 4/3/20121/1/2012 - 3/31/2012Prepared for the exclusive use of the recipient. Distribution to any other isprohibited. This report is a snapshot appraisal that has not been audited and shouldnot be relied on for decision making purposes without first comparing it to astatement from your custodian.4Page 49 Cash Equivalent (3)38.06% 14,342,026.29Cusip/ISINDescriptionCurr Face SectorRating Coupon Maturity Eff Maturity PurYieldYield Orig CostAmort CostUnreal G/L PriceAccr IntFair ValueMkt Value097100853BOFA CASH RESERVES-CAPTL13,839,946.45 CashNA/NA/NA 0.210 ------0.210 0.210 13,839,946.45 13,839,946.450.00 1.0000.00 13,839,946.45 13,839,946.453024A6F49 FCAR OWNER TRUST500,000.00 Financial A-1/P-1/NR 0.000 06/04/2012 06/04/2012 0.290 0.248 499,637.50499,742.2234.13 99.9550.00499,776.35499,776.35CCYUSDNet Receivables/Payables2,303.49 CashAAA/Aaa/AAA 0.000 ------0.000 0.0002,303.492,303.490.00 1.0000.002,303.492,303.49------14,342,249.94 ---------------0.213 0.211 14,341,887.44 14,341,992.1634.13 ---0.00 14,342,026.29 14,342,026.29Short Term (26)48.72% 18,360,145.62Cusip/ISINDescriptionCurr Face SectorRating Coupon Maturity Eff Maturity PurYieldYield Orig CostAmort CostUnreal G/L PriceAccr IntFair ValueMkt Value05531FAC7 BB&T CORPORATION600,000.00 FinancialA-/A2/A+3.850 07/27/2012 07/27/2012 0.677 0.578 613,950.00606,090.11269.89 101.0604,106.67606,360.00610,466.67064057BA9 BANK OF NEW YORK MELLON245,000.00 FinancialA/A1/A+6.375 04/01/2012 04/01/2012 1.539 6.179 265,692.70245,000.000.00 100.0007,809.38245,000.00252,809.38064057BA9 BANK OF NEW YORK MELLON255,000.00 FinancialA/A1/A+6.375 04/01/2012 04/01/2012 1.575 6.179 276,366.45255,000.000.00 100.0008,128.12255,000.00263,128.12097014AH7 BOEING CAPITAL CORP340,000.00 FinancialA/A2/A5.800 01/15/2013 01/15/2013 0.647 0.542 360,277.60353,756.40343.40 104.1474,163.11354,099.80358,262.9110138MAB1 BOTTLING GROUP LLC213,000.00 IndustrialA/Aa3/A4.625 11/15/2012 11/15/2012 0.439 0.560 224,003.58218,526.03-132.65 102.5323,721.58218,393.37222,114.9624424DAA7 JOHN DEERE CAPITAL CORPTLGP248,000.00 Financial AA+/Aaa/AAA* 2.875 06/19/2012 06/19/2012 0.436 0.217 255,214.32249,301.21143.88 100.5832,020.17249,445.10251,465.26263534BS7 E.I. DU PONT DE NEMOURS316,000.00 IndustrialA/A2/A5.000 01/15/2013 01/15/2013 0.428 0.630 330,482.28327,373.31-489.01 103.4443,335.56326,884.30330,219.86313374JP6FEDERAL HOME LOAN BANK750,000.00 AgencyA-1+*/Aaa/F1+*0.250 06/29/2012 06/29/2012 0.250 0.172 750,000.00750,000.00144.75 100.019473.96750,144.75750,618.713133XP2W3 FEDERAL HOME LOAN BANK500,000.00 Agency AA+/Aaa/AAA* 3.375 02/27/2013 02/27/2013 0.358 0.248 520,585.94513,614.61559.39 102.8351,593.75514,174.00515,767.753133XUE41 FEDERAL HOME LOAN BANK700,000.00 Agency AA+/Aaa/AAA* 1.750 08/22/2012 08/22/2012 0.430 0.172 712,449.50703,596.52755.38 100.6221,327.08704,351.90705,678.983133XUUJ0 FEDERAL HOME LOAN BANK500,000.00 Agency AA+/Aaa/AAA* 1.625 09/26/2012 09/26/2012 0.705 0.176 508,127.50502,222.271,317.23 100.708112.85503,539.50503,652.353133XUUJ0 FEDERAL HOME LOAN BANK300,000.00 Agency AA+/Aaa/AAA* 1.625 09/26/2012 09/26/2012 0.567 0.176 304,941.60301,532.41591.29 100.70867.71302,123.70302,191.413137EACE7 FREDDIE MAC750,000.00 Agency AA+/Aaa/AAA* 2.125 09/21/2012 09/21/2012 0.225 0.180 763,910.25756,721.99199.76 100.923442.71756,921.75757,364.4631398A3N0 FANNIE MAE2,000,000.00 Agency AA+/Aaa/AAA 0.625 09/24/2012 09/24/2012 0.400 0.114 2,008,486.00 2,002,155.172,776.83 100.247243.06 2,004,932.00 2,005,175.0631398A4T6 FANNIE MAE2,000,000.00 Agency AA+/Aaa/AAA 0.500 10/30/2012 10/30/2012 0.198 0.193 2,005,880.00 2,003,501.5772.43 100.1794,194.442,003,574.00 2,007,768.4431398ABX9 FANNIE MAE1,279,000.00 Agency AA+/Aaa/AAA* 4.875 05/18/2012 05/18/2012 0.234 0.218 1,331,349.47 1,286,617.42316.22 100.620 23,035.32 1,286,933.64 1,309,968.9631398AKY7 FANNIE MAE750,000.00 Agency AA+/Aaa/AAA* 3.625 02/12/2013 02/12/2013 0.824 0.266 790,487.25767,975.433,817.32 102.9063,700.52771,792.75775,493.2731398AWK4 FANNIE MAE1,000,000.00 Agency AA+/Aaa/AAA* 1.875 04/20/2012 04/20/2012 0.353 0.320 1,022,710.00 1,000,788.8373.17 100.0868,385.42 1,000,862.00 1,009,247.4236962G2L7 GENERAL ELEC CAP CORP600,000.00 Financial AA+/Aa2/NR 5.000 04/10/2012 04/10/2012 1.024 2.375 631,764.00600,582.23-154.43 100.071 14,250.00600,427.80614,677.8038146FAA9 GOLDMAN SACHS GROUP INCTLGP1,000,000.00 Financial AA+/Aaa/AAA 3.250 06/15/2012 06/15/2012 0.830 0.295 1,046,976.00 1,004,913.811,232.19 100.6159,569.44 1,006,146.00 1,015,715.4446625HGT1 JPMORGAN CHASE & CO750,000.00 Financial A/Aa3/AA- 5.375 10/01/2012 10/01/2012 0.902 0.663 789,112.50766,606.931,100.57 102.361 20,156.25767,707.50787,863.7587612EAT3 TARGET CORP350,000.00 IndustrialA+/A2/A-5.125 01/15/2013 01/15/2013 0.534 0.678 372,470.00362,609.38-345.73 103.5043,786.81362,263.65366,050.46911312AG1 UNITED PARCEL SERVICE370,000.00 Industrial AA-/Aa3/NA 4.500 01/15/2013 01/15/2013 0.756 0.484 394,601.30380,821.58904.09 103.1693,515.00381,725.67385,240.67912828KP4 US TREASURY N/B750,000.00 Government AA+*/Aaa/AAA 1.375 05/15/2012 05/15/2012 0.207 0.199 758,671.88751,051.1461.86 100.1483,909.68751,113.00755,022.68912828PD6 US TREASURY N/B500,000.00 Government AA+*/Aaa/AAA 0.375 10/31/2012 10/31/2012 0.462 0.168 499,335.94499,746.97858.53 100.121788.12500,605.50501,393.62912828PD6 US TREASURY N/B1,000,000.00 Government AA+*/Aaa/AAA 0.375 10/31/2012 10/31/2012 0.359 0.168 1,000,237.72 1,000,094.821,116.18 100.1211,576.24 1,001,211.00 1,002,787.24------18,066,000.00 ---------------0.495 0.508 18,538,083.78 18,210,200.1415,532.54 ---134,412.94 18,225,732.68 18,360,145.62Long Term (13)13.22% 4,983,920.68Cusip/ISINDescriptionCurr Face SectorRating Coupon Maturity Eff Maturity PurYieldYield Orig CostAmort CostUnreal G/L PriceAccr IntFair ValueMkt Value14912L4Q1 CATERPILLAR FINANCIAL SE300,000.00 FinancialA/A2/A1.550 12/20/2013 12/20/2013 0.676 0.634 305,379.00304,468.27231.23 101.5671,304.58304,699.50306,004.08Balance Sheet Classification(BACM-Contra Costa Co)Dated: 4/3/20123/31/2012Prepared for the exclusive use of the recipient. Distribution to any other isprohibited. This report is a snapshot appraisal that has not been audited and shouldnot be relied on for decision making purposes without first comparing it to astatement from your custodian.5Page 50 Cusip/ISINDescriptionCurr Face SectorRating Coupon Maturity Eff Maturity PurYieldYield Orig CostAmort CostUnreal G/L PriceAccr IntFair ValueMkt Value17275RAJ1 CISCO SYSTEMS INC500,000.00 IndustrialA+/A1/NA1.625 03/14/2014 03/14/2014 0.454 0.584 511,980.00511,373.01-1,266.01 102.021383.68510,107.00510,490.68191216AL4COCA-COLA CO/THE209,000.00 Industrial A+/Aa3/A+ 3.625 03/15/2014 03/15/2014 0.472 0.644 222,789.82221,818.96-715.77 105.791336.72221,103.19221,439.9124422ERA9 JOHN DEERE CAPITAL CORP700,000.00 FinancialA/A2/NA1.600 03/03/2014 03/03/2014 0.794 0.663 712,264.00710,719.531,799.97 101.789871.11712,519.50713,390.61254687AW6 WALT DISNEY COMPANY/THE340,000.00 IndustrialA/A2/A4.500 12/15/2013 12/15/2013 0.601 0.553 369,291.00362,418.05367.73 106.7024,505.00362,785.78367,290.7825468PCQ7 WALT DISNEY COMPANY/THE150,000.00 IndustrialA/A2/A0.875 12/01/2014 12/01/2014 0.517 0.707 151,488.00151,420.89-754.74 100.444433.85150,666.15151,100.003135G0BJ1 FANNIE MAE750,000.00 Agency AA+/Aaa/AAA 1.125 06/27/2014 06/27/2014 0.478 0.340 761,837.25760,793.562,341.19 101.7512,203.12763,134.75765,337.88369550AK4 GENERAL DYNAMICS CORP314,000.00 IndustrialA/A2/A4.250 05/15/2013 05/15/2013 0.453 0.564 329,929.22327,323.21-361.92 104.1285,041.44326,961.29332,002.74438516AY2 HONEYWELL INTERNATIONAL300,000.00 IndustrialA/A2/A3.875 02/15/2014 02/15/2014 0.727 0.696 320,985.00317,508.80223.60 105.9111,485.42317,732.40319,217.82459200GR6 IBM CORP200,000.00 Industrial A+/Aa3/A+ 2.100 05/06/2013 05/06/2013 0.500 0.474 204,362.00203,489.6073.00 101.7811,691.67203,562.60205,254.27459200GR6 IBM CORP325,000.00 Industrial A+/Aa3/A+ 2.100 05/06/2013 05/06/2013 0.436 0.474 331,568.25330,917.34-128.12 101.7812,748.96330,789.23333,538.18459200GT2 IBM CORP450,000.00 Industrial A+/Aa3/A+ 1.000 08/05/2013 08/05/2013 0.600 0.522 453,042.00452,401.32482.28 100.641700.00452,883.60453,583.6069371RK39 PACCAR FINANCIAL CORP300,000.00 FinancialA+/A1/NA1.550 09/29/2014 09/29/2014 0.740 0.841 306,147.00305,989.22-744.92 101.74825.83305,244.30305,270.13------4,838,000.00 ---------------0.582 0.569 4,981,062.54 4,960,641.771,547.51 ---21,731.40 4,962,189.29 4,983,920.68Summary37,686,092.59Total Orig Face / Shares Total Curr Face / SharesYieldPurchase YieldTotal Orig CostTotal Book ValueTotal Amort CostTotal Unreal G/LTotal Accr IntTotal Fair ValueTotal Mkt Value37,246,249.9437,246,249.940.400.4037,861,033.7637,668,978.4137,512,834.0817,114.18156,144.3337,529,948.2637,686,092.59Balance Sheet Classification(BACM-Contra Costa Co)Dated: 4/3/20123/31/2012Prepared for the exclusive use of the recipient. Distribution to any other isprohibited. This report is a snapshot appraisal that has not been audited and shouldnot be relied on for decision making purposes without first comparing it to astatement from your custodian.6Page 51 PurchasesSalesMaturitiesCash Equivalents (<= 90 days)-3,422,123.193,536,684.670.00Marketable Securities Short Term0.000.002,868,000.00 Long Term-2,967,333.640.000.00 Equities0.000.000.00 Funds0.000.000.00Alternative Investments0.000.000.00Totals-6,389,456.833,536,684.672,868,000.00Trade Date Settle Date Type Cusip/ISIN DescriptionCoupon Maturity Broker/Dealer Orig Face Notional Price Original Cost Principal Accr Int Real G/L Comm Proceeds Class01/09/2012 01/09/2012 MTY 61746BCW4 MORGAN STANLEY 5.625 01/09/2012 ---400,000.00 400,000.00 100.000 418,416.00 400,000.000.000.00 0.00 400,000.00 ST01/09/2012 01/12/2012 BUY 369550AK4 GENERAL DYNAMICSCORP4.250 05/15/2013 Unknown 314,000.00 314,000.00 105.073 329,929.22 -329,929.22 2,112.960.00 0.00 -332,042.18 LT01/10/2012 01/13/2012 BUY 263534BS7 E.I. DU PONT DENEMOURS5.000 01/15/2013 Unknown 316,000.00 316,000.00 104.583 330,482.28 -330,482.28 7,812.220.00 0.00 -338,294.50 LT01/12/2012 01/13/2012 BUY 3135G0BJ1 FANNIE MAE1.125 06/27/2014 Unknown 750,000.00 750,000.00 101.578 761,837.25 -761,837.25 375.000.00 0.00 -762,212.25 LT01/15/2012 01/15/2012 MTY 38141GBU7 GOLDMAN SACHSGROUP INC6.600 01/15/2012 ---200,000.00 200,000.00 100.000 217,170.00 200,000.000.000.00 0.00 200,000.00 ST01/17/2012 01/17/2012 MTY 24422EQJ1 JOHN DEERE CAPITALCORP5.350 01/17/2012 ---200,000.00 200,000.00 100.000 207,846.00 200,000.000.000.00 0.00 200,000.00 ST02/02/2012 02/07/2012 BUY 191216AL4 COCA-COLA CO/THE 3.625 03/15/2014 Unknown 209,000.00 209,000.00 106.598 222,789.82 -222,789.82 2,988.410.00 0.00 -225,778.23 LT02/10/2012 02/15/2012 BUY 25468PCQ7 WALT DISNEYCOMPANY/THE0.875 12/01/2014 Unknown 150,000.00 150,000.00 100.992 151,488.00 -151,488.00 266.150.00 0.00 -151,754.15 LT02/14/2012 02/17/2012 BUY 459200GR6 IBM CORP2.100 05/06/2013 Unknown 325,000.00 325,000.00 102.021 331,568.25 -331,568.25 1,914.790.00 0.00 -333,483.04 LT02/15/2012 02/15/2012 MTY 494368AR4 KIMBERLY-CLARK CORP 5.625 02/15/2012 ---355,000.00 355,000.00 100.000 385,398.65 355,000.000.000.00 0.00 355,000.00 ST02/15/2012 02/15/2012 MTY 69373UAB3 PACCAR INC6.375 02/15/2012 ---229,000.00 229,000.00 100.000 240,227.87 229,000.000.000.00 0.00 229,000.00 ST02/17/2012 02/23/2012 BUY 17275RAJ1 CISCO SYSTEMS INC 1.625 03/14/2014 Unknown 500,000.00 500,000.00 102.396 511,980.00 -511,980.00 3,588.540.00 0.00 -515,568.54 LT02/24/2012 02/24/2012 MTY 428236AU7 HEWLETT-PACKARD CO 4.250 02/24/2012 ---350,000.00 350,000.00 100.000 371,567.00 350,000.000.000.00 0.00350,000.00 ST03/01/2012 03/01/2012 MTY 58013MDR2 MCDONALD'S CORP 5.750 03/01/2012 ---425,000.00 425,000.00 100.000 449,509.75 425,000.000.000.00 0.00 425,000.00 ST03/01/2012 03/01/2012 MTY 87612EAH9 TARGET CORP5.875 03/01/2012 ---329,000.00 329,000.00 100.000 345,413.81 329,000.000.000.00 0.00 329,000.00 ST03/05/2012 03/08/2012 BUY 69371RK39 PACCAR FINANCIALCORP1.550 09/29/2014 Unknown 300,000.00 300,000.00 102.049 306,147.00 -306,147.00 2,053.750.00 0.00 -308,200.75 LT03/06/2012 03/06/2012 BUY 3024A6F49 FCAR OWNER TRUST 0.000 06/04/2012 Unknown 500,000.00 500,000.00 99.928 499,637.50 -499,637.500.000.00 0.00 -499,637.50 CE03/15/2012 03/15/2012 MTY 532457AU2 ELI LILLY & CO6.000 03/15/2012 ---380,000.00 380,000.00 100.000 403,624.60 380,000.000.000.00 0.00 380,000.00 ST------ NMMF_SELL 097100853 BOFA CASH RESERVES-CAPTL--- --- Unknown 3,536,684.67 3,536,684.67 1.000 3,536,684.67 3,536,684.670.000.00 0.00 3,536,684.67 CE------ NMMF_BUY 097100853 BOFA CASH RESERVES-CAPTL--- --- Unknown 2,922,485.69 2,922,485.69 1.000 2,922,485.69 -2,922,485.690.000.00 0.00 -2,922,485.69 CE--------------- --------- 12,691,170.36------ 12,944,203.36 36,339.66 21,111.820.00 0.00 15,227.84 ---Trading Activity(BACM-Contra Costa Co)Dated: 4/3/20121/1/2012 - 3/31/2012Prepared for the exclusive use of the recipient. Distribution to any other isprohibited. This report is a snapshot appraisal that has not been audited and shouldnot be relied on for decision making purposes without first comparing it to astatement from your custodian.7Page 52 SummaryCash Affecting TransactionsCusip/ISINBeginning BalanceEnding BalanceCCYUSD0.000.00Trade DateSettle DateTypeNotional Cusip/ISINDescriptionCoupon MaturityPriceAmount------NMMF_BUY--- 097100853BOFA CASH RESERVES-CAPTL------1.000-2,922,485.69------NMMF_SELL--- 097100853BOFA CASH RESERVES-CAPTL------1.0003,536,684.6712/31/201101/03/2012MMF--- 097100853BOFA CASH RESERVES-CAPTL0.210------1,699.8001/04/201201/04/2012TRN--- CCYUSDUS Dollar----------212,562.6401/09/201201/09/2012MTY400,000.00 61746BCW4MORGAN STANLEY5.625 01/09/2012100.000400,000.0001/09/201201/09/2012CPN--- 61746BCW4MORGAN STANLEY5.625 01/09/2012---11,250.0001/09/201201/12/2012BUY314,000.00 369550AK4GENERAL DYNAMICS CORP4.250 05/15/2013105.073-332,042.1801/10/201201/13/2012BUY316,000.00 263534BS7E.I. DU PONT DE NEMOURS5.000 01/15/2013104.583-338,294.5001/12/201201/13/2012BUY750,000.00 3135G0BJ1FANNIE MAE1.125 06/27/2014101.578-762,212.2501/15/201201/15/2012CPN--- 097014AH7BOEING CAPITAL CORP5.800 01/15/2013---9,860.0001/15/201201/15/2012CPN--- 911312AG1UNITED PARCEL SERVICE4.500 01/15/2013---8,325.0001/15/201201/15/2012CPN--- 38141GBU7GOLDMAN SACHS GROUP INC6.600 01/15/2012---6,600.0001/15/201201/15/2012CPN--- 87612EAT3TARGET CORP5.125 01/15/2013---8,968.7501/15/201201/15/2012CPN--- 263534BS7E.I. DU PONT DE NEMOURS5.000 01/15/2013---7,900.0001/15/201201/15/2012MTY200,000.00 38141GBU7GOLDMAN SACHS GROUP INC6.600 01/15/2012100.000200,000.0001/17/201201/17/2012MTY200,000.00 24422EQJ1JOHN DEERE CAPITAL CORP5.350 01/17/2012100.000200,000.0001/17/201201/17/2012CPN--- 24422EQJ1JOHN DEERE CAPITAL CORP5.350 01/17/2012---5,350.0001/27/201201/27/2012CPN--- 05531FAC7BB&T CORPORATION3.850 07/27/2012---11,550.0001/31/201202/01/2012MMF--- 097100853BOFA CASH RESERVES-CAPTL0.210------2,014.1102/02/201202/07/2012BUY209,000.00 191216AL4COCA-COLA CO/THE3.625 03/15/2014106.598-225,778.2302/05/201202/06/2012CPN--- 459200GT2IBM CORP1.000 08/05/2013---2,250.0002/09/201202/09/2012MEXP--- CCYUSDUS Dollar----------8,905.0002/10/201202/15/2012BUY150,000.00 25468PCQ7WALT DISNEY COMPANY/THE0.875 12/01/2014100.992-151,754.1502/12/201202/13/2012CPN--- 31398AKY7FANNIE MAE3.625 02/12/2013---13,593.7502/14/201202/17/2012BUY325,000.00 459200GR6IBM CORP2.100 05/06/2013102.021-333,483.0402/15/201202/15/2012MTY355,000.00 494368AR4KIMBERLY-CLARK CORP5.625 02/15/2012100.000355,000.0002/15/201202/15/2012MTY229,000.00 69373UAB3PACCAR INC6.375 02/15/2012100.000229,000.0002/15/201202/15/2012CPN--- 438516AY2HONEYWELL INTERNATIONAL3.875 02/15/2014---5,812.5002/15/201202/15/2012CPN--- 69373UAB3PACCAR INC6.375 02/15/2012---7,299.3702/15/201202/15/2012CPN--- 494368AR4KIMBERLY-CLARK CORP5.625 02/15/2012---9,984.3702/17/201202/23/2012BUY500,000.00 17275RAJ1CISCO SYSTEMS INC1.625 03/14/2014102.396-515,568.5402/22/201202/22/2012CPN--- 3133XUE41FEDERAL HOME LOAN BANK1.750 08/22/2012---6,125.00Transaction Detail(BACM-Contra Costa Co)Dated: 4/3/20121/1/2012 - 3/31/2012Prepared for the exclusive use of the recipient. Distribution to any other isprohibited. This report is a snapshot appraisal that has not been audited and shouldnot be relied on for decision making purposes without first comparing it to astatement from your custodian.8Page 53 Payable/Receivable TransactionsTrade DateSettle DateTypeNotional Cusip/ISINDescriptionCoupon MaturityPriceAmount02/24/201202/24/2012CPN--- 428236AU7HEWLETT-PACKARD CO4.250 02/24/2012---7,437.5002/24/201202/24/2012MTY350,000.00 428236AU7HEWLETT-PACKARD CO4.250 02/24/2012100.000350,000.0002/27/201202/27/2012CPN--- 3133XP2W3FEDERAL HOME LOAN BANK3.375 02/27/2013---8,437.5002/29/201203/01/2012MMF--- 097100853BOFA CASH RESERVES-CAPTL0.210------2,004.6603/01/201203/01/2012MTY425,000.00 58013MDR2MCDONALD'S CORP5.750 03/01/2012100.000425,000.0003/01/201203/01/2012CPN--- 58013MDR2MCDONALD'S CORP5.750 03/01/2012---12,218.7503/01/201203/01/2012MTY329,000.00 87612EAH9TARGET CORP5.875 03/01/2012100.000329,000.0003/01/201203/01/2012CPN--- 87612EAH9TARGET CORP5.875 03/01/2012---9,664.3703/03/201203/05/2012CPN--- 24422ERA9JOHN DEERE CAPITAL CORP1.600 03/03/2014---5,600.0003/05/201203/08/2012BUY300,000.00 69371RK39PACCAR FINANCIAL CORP1.550 09/29/2014102.049-308,200.7503/06/201203/06/2012BUY500,000.00 3024A6F49FCAR OWNER TRUST0.000 06/04/201299.928-499,637.5003/14/201203/14/2012CPN--- 17275RAJ1CISCO SYSTEMS INC1.625 03/14/2014---4,062.5003/15/201203/15/2012CPN--- 532457AU2ELI LILLY & CO6.000 03/15/2012---11,400.0003/15/201203/15/2012MTY380,000.00 532457AU2ELI LILLY & CO6.000 03/15/2012100.000380,000.0003/15/201203/15/2012CPN--- 191216AL4COCA-COLA CO/THE3.625 03/15/2014---3,788.1203/21/201203/21/2012CPN--- 3137EACE7FREDDIE MAC2.125 09/21/2012---7,968.7503/24/201203/26/2012CPN--- 31398A3N0FANNIE MAE0.625 09/24/2012---6,250.0003/26/201203/26/2012CPN--- 3133XUUJ0FEDERAL HOME LOAN BANK1.625 09/26/2012---6,500.0003/29/201203/29/2012CPN--- 69371RK39PACCAR FINANCIAL CORP1.550 09/29/2014---2,325.00------------------ --- --- --- 0.00Trade DateSettle DateTypeNotional Cusip/ISINDescriptionCoupon MaturityPriceAmount03/31/201204/02/2012MMF--- 097100853BOFA CASH RESERVES-CAPTL0.210------2,303.49------------------ --- --- --- 2,303.49Transaction Detail(BACM-Contra Costa Co)Dated: 4/3/20121/1/2012 - 3/31/2012Prepared for the exclusive use of the recipient. Distribution to any other isprohibited. This report is a snapshot appraisal that has not been audited and shouldnot be relied on for decision making purposes without first comparing it to astatement from your custodian.9Page 54 Cash Affecting TransactionsCusip/ISINDescriptionBeginning BalanceEnding Balance097100853BOFA CASH RESERVES-CAPTL14,454,145.4313,839,946.45Trade Date Settle Date Type NotionalCusip/ISINTickerDescriptionReal G/LAmount01/03/2012 01/03/2012 BUY1,699.80 097100853 CPMXXBOFA CASH RESERVES-CAPTL0.00-1,699.8001/04/2012 01/04/2012 SELL212,562.64 097100853 CPMXXBOFA CASH RESERVES-CAPTL0.00 212,562.6401/09/2012 01/09/2012 BUY411,250.00 097100853 CPMXXBOFA CASH RESERVES-CAPTL0.00 -411,250.0001/12/2012 01/12/2012 SELL332,042.18 097100853 CPMXXBOFA CASH RESERVES-CAPTL0.00 332,042.1801/13/2012 01/13/2012 SELL 1,100,506.75 097100853 CPMXXBOFA CASH RESERVES-CAPTL0.00 1,100,506.7501/17/2012 01/17/2012 BUY447,003.75 097100853 CPMXXBOFA CASH RESERVES-CAPTL0.00 -447,003.7501/27/2012 01/27/2012 BUY11,550.00 097100853 CPMXXBOFA CASH RESERVES-CAPTL0.00-11,550.0001/31/2012 02/01/2012 MMF0.00 097100853 CPMXXBOFA CASH RESERVES-CAPTL0.002,014.1102/01/2012 02/01/2012 BUY2,014.11 097100853 CPMXXBOFA CASH RESERVES-CAPTL0.00-2,014.1102/06/2012 02/06/2012 BUY2,250.00 097100853 CPMXXBOFA CASH RESERVES-CAPTL0.00-2,250.0002/07/2012 02/07/2012 SELL225,778.23 097100853 CPMXXBOFA CASH RESERVES-CAPTL0.00 225,778.2302/09/2012 02/09/2012 SELL8,905.00 097100853 CPMXXBOFA CASH RESERVES-CAPTL0.008,905.0002/13/2012 02/13/2012 BUY13,593.75 097100853 CPMXXBOFA CASH RESERVES-CAPTL0.00-13,593.7502/15/2012 02/15/2012 BUY455,342.11 097100853 CPMXXBOFA CASH RESERVES-CAPTL0.00 -455,342.1102/15/2012 02/15/2012 SELL0.02 097100853 CPMXXBOFA CASH RESERVES-CAPTL0.000.0202/17/2012 02/17/2012 SELL333,483.04 097100853 CPMXXBOFA CASH RESERVES-CAPTL0.00 333,483.0402/22/2012 02/22/2012 BUY6,125.00 097100853 CPMXXBOFA CASH RESERVES-CAPTL0.00-6,125.0002/23/2012 02/23/2012 SELL515,568.54 097100853 CPMXXBOFA CASH RESERVES-CAPTL0.00 515,568.5402/24/2012 02/24/2012 BUY357,437.50 097100853 CPMXXBOFA CASH RESERVES-CAPTL0.00 -357,437.5002/27/2012 02/27/2012 BUY8,437.50 097100853 CPMXXBOFA CASH RESERVES-CAPTL0.00-8,437.5002/29/2012 03/01/2012 MMF0.00 097100853 CPMXXBOFA CASH RESERVES-CAPTL0.002,004.6603/01/2012 03/01/2012 BUY777,887.79 097100853 CPMXXBOFA CASH RESERVES-CAPTL0.00 -777,887.7903/01/2012 03/01/2012 SELL0.01 097100853 CPMXXBOFA CASH RESERVES-CAPTL0.000.0103/05/2012 03/05/2012 BUY5,600.00 097100853 CPMXXBOFA CASH RESERVES-CAPTL0.00-5,600.0003/06/2012 03/06/2012 SELL499,637.50 097100853 CPMXXBOFA CASH RESERVES-CAPTL0.00 499,637.5003/08/2012 03/08/2012 SELL308,200.75 097100853 CPMXXBOFA CASH RESERVES-CAPTL0.00 308,200.7503/14/2012 03/14/2012 BUY4,062.50 097100853 CPMXXBOFA CASH RESERVES-CAPTL0.00-4,062.5003/15/2012 03/15/2012 BUY395,188.13 097100853 CPMXXBOFA CASH RESERVES-CAPTL0.00 -395,188.1303/15/2012 03/15/2012 SELL0.01 097100853 CPMXXBOFA CASH RESERVES-CAPTL0.000.0103/21/2012 03/21/2012 BUY7,968.75 097100853 CPMXXBOFA CASH RESERVES-CAPTL0.00-7,968.7503/26/2012 03/26/2012 BUY12,750.00 097100853 CPMXXBOFA CASH RESERVES-CAPTL0.00-12,750.0003/29/2012 03/29/2012 BUY2,325.00 097100853 CPMXXBOFA CASH RESERVES-CAPTL0.00-2,325.00------ --------------- 0.00618,217.75MMF Transaction Detail(BACM-Contra Costa Co)Dated: 4/3/20121/1/2012 - 3/31/2012Prepared for the exclusive use of the recipient. Distribution to any other isprohibited. This report is a snapshot appraisal that has not been audited and shouldnot be relied on for decision making purposes without first comparing it to astatement from your custodian.10Page 55 Payable/Receivable TransactionsTrade Date Settle Date Type NotionalCusip/ISINTickerDescriptionReal G/LAmount03/31/2012 04/02/2012 MMF0.00 097100853 CPMXXBOFA CASH RESERVES-CAPTL0.002,303.49------ --------------- 0.002,303.49MMF Transaction Detail(BACM-Contra Costa Co)Dated: 4/3/20121/1/2012 - 3/31/2012Prepared for the exclusive use of the recipient. Distribution to any other isprohibited. This report is a snapshot appraisal that has not been audited and shouldnot be relied on for decision making purposes without first comparing it to astatement from your custodian.11Page 56 DisclosureBofA Global Capital Management is an asset management division of Bank of America Corporation. BofA GlobalCapital Management entities furnish investment management services and products for institutional andindividual investors.BofA Advisors, LLC is an SEC-registered investment advisor and indirect, wholly owned subsidiary of Bank ofAmerica Corporation and is part of BofA Global Capital Management.©2011 Bank of America Corporation.All rights reserved.BofA Advisors, LLC100 Federal Street, Boston, MA 02110www.bofacapital.comPrepared for the exclusive use of the recipient. Distribution to any other isprohibited. This report is a snapshot appraisal that has not been audited and shouldnot be relied on for decision making purposes without first comparing it to astatement from your custodian.12Page 57 ! " # $ % # $ ! " & ' ( ) *+ , ! " # $ " % & ! " # $ ' (')*+,*-./*/0+//01,1-2.34+/1.-,0.5)6-./7*8.-,/35*6+,/+9+6:18*+-61/1,3*8.44*-6*6/0+/;.58.-,5)/<1/0+/+9=3.2*,,1.-+)3*>+361->;.53+88.5-/ -" . " " " / $! # ! (! 0 " 1& 12 " 345 /& &( # /4633640 7/89394 ! &/&" ":: ; <" ( 6 ! ? ! Page 58 CalTrust Short Term FundMONTH END PORTFOLIO STATISTICSMarch 31, 2012 CalTrust Short TermLAIF Market Value$604,305,140.27N/ANAV per Share$10.02N/AYield0.40%0.38%Period Total Return0.02%N/APeriod Yield Return0.04%0.03%Effective Duration0.62 Yrs.Average Maturity1.19 Yrs.0.66 Yrs.CalTrust Short Term Total ReturnCalTrust Short Term Yield ReturnLAIF Yield ReturnOne Month0.02%0.04%0.03%Three Month0.24%0.12%0.09%Six Month0.32%0.25%0.19%Y-T-D0.24%0.12%0.09%One Year0.49%0.52%0.39%Two Year0.58%0.55%0.44%Three Year1.07%0.61%0.59%Five Year1.86%1.81%1.87%Since Inception2.61%2.58%2.55%Portfolio Sector BreakdownPortfolio Quality BreakdownInception date of the Portfolio - February 13, 2005. See disclosure below. Returns are Net of Fees. Rating Source - Standard & Poor's. Yield represents the 7 Day Net Distribution on investments for the period. Disclosure to Performance InformationzThis performance information is based on an inception date of February 13, 2005, when the CalTrust Short-Term portfolio commenced investment operations according to its investment objective, and does not include any investment returns from temporary investments held before the commencement of those operations. zFirst-month index returns, February 13-28, 2005, are intra-period and were calculated by calculating the average daily return during the month and multiplying the average daily return by number of days in the shortened period. zPerformance was calculated net of investment advisory and program administration fees. zThe Local Agency Investment Fund (LAIF) is a diversified portfolio managed by the State of California for local governments and special districts. zPerformance for the CalTRUST Short Term Account is on a trade date basis. LAIF?s monthly performance was calculated by taking the average monthly effective yield and dividing it by 365 then multiplying the result by the number of days in the month. zPast performance is no guarantee of future results. Page 59 <<Back CalTrust Short Term Fund View Export Print Home Search Complete Listing Effective Date: 3/30/2012 Go Ticker CUSIP Description S&P Rating 3/30/2012*Mat. Date Years Shares Price Value AE031615 02582JDS6 AMERICAN EXPRESS CREDIT 3/16/2015 AAA 3/16/2015 3.0 8,000,000.00 100.0192 $8,001,536.00 AH080513 02666QG49 AMERICAN HONDA FINANCE 8/5/2013 A+8/5/2013 1.4 1,200,000.00 100.0010 $1,200,012.00 AH110712 02666QH55 AMERICAN HONDA FINANCE 11/7/2012 A+11/7/2012 0.7 7,800,000.00 100.1406 $7,810,966.80 AT011513 00206RAF9 AT&T INC 4.95% 1/15/2013 A-1/15/2013 0.8 2,000,000.00 103.3927 $2,067,854.00 BN082713 06406HBK4 BANK OF NEW YORK MELLON 5.125 8/27/13 A+8/27/2013 1.4 2,650,000.00 106.0284 $2,809,752.60 BN072814 06406HBW8 BANK OF NEW YORK MEL FLOATING 7/28/2014 A+7/28/2014 2.3 6,900,000.00 100.1462 $6,910,087.80 BS042612 079860AA0 BELLSOUTH CORP 4.295 04/26/2012 A-4/26/2012 0.1 4,000,000.00 100.2264 $4,009,056.00 BH081514 084670BA5 BERKSHIRE HATHAWAY INC 8/15/2014 AA+8/15/2014 2.4 6,400,000.00 101.3356 $6,485,478.40 BH21113 084670AU2 BERKSHIRE HATHAWAY INC 2.125% 2/11/2013 AA+2/11/2013 0.9 4,000,000.00 101.4448 $4,057,792.00 BG111512 10138MAB1 BOTTLING GROUP LLC 4.625% 11/15/2012 A 11/15/2012 0.7 6,572,000.00 102.5321 $6,738,409.61 CA040512 12476ED55 CAFCO LLC 4/5/2012 A-1 4/5/2012 0.1 5,000,000.00 1.0000 $4,999,816.31 CI100113 13034ABJ8 CALIFORNIA INFRA- STRUCTURE 10/01/2013 AAA 10/1/2013 1.6 1,000,000.00 99.8830 $998,830.00 CS062612 13063BLK6 CALIFORNIA ST 2.00% 6/26/2012 SP-1+6/26/2012 0.2 4,000,000.00 100.4170 $4,016,680.00 CS050114 13066YDU0 CALIFORNIA ST DEPT WTR 5.5% 5/1/2014 AA-5/1/2014 2.2 4,000,000.00 101.4010 $4,056,040.00 CT040139 13063A5F7 CALIFORNIA ST TAX- ABLE 5.65% 4/1/2039 A-4/1/2039 27.1 2,300,000.00 104.8830 $2,412,309.00 CF120712 14912L3N9 CATERPILLAR FIN SERV 4.85% 12/7/2012 A 12/7/2012 0.8 1,458,000.00 103.0113 $1,501,904.75 CF121712 14912L4J7 CATERPILLAR FIN SERV CRP 1.9% 12/17/2012 A 12/17/2012 0.8 2,500,000.00 101.0489 $2,526,222.50 CF020915 14912L5A5 CATERPILLAR FINANCI- AL SE 2/9/2015 A 2/9/2015 2.9 5,000,000.00 100.4277 $5,021,385.00 CH121514 161571AX2 CHASE ISSUANCE TRUST 12/15/2014 AAA 12/15/2014 2.8 3,000,000.00 100.0387 $3,001,161.00 CI071514 161571AN4 CHASE ISSUANCE TRUST 7/15/2014 AAA 7/15/2014 2.3 1,733,000.00 100.0210 $1,733,363.93 CI101514 161571CH5 CHASE ISSUANCE TRUST 10/15/14 AAA 10/15/2014 2.6 4,950,000.00 102.5610 $5,076,769.50 CB082014 17305EDX0 CITIBANK CREDIT CARD 8/20/2014 AAA 8/20/2012 0.4 5,300,000.00 100.1191 $5,306,312.30 CC031414 191216AW0 COCA-COLA CO/THE 3/14/2014 A+3/14/2014 2.0 5,900,000.00 100.0786 $5,904,637.40 DI091013 24702RAK7 DELL INC 1.40% 9/10/2013 A-9/10/2013 1.5 7,000,000.00 100.9993 $7,069,951.00 DI40114 24702RAR2 DELL INC 4/1/2014 A-4/1/2014 2.1 1,500,000.00 100.5330 $1,507,995.00 EI032514 263534CH0 EI DU PONT DE NEMOURS 3/25/2014 A 3/25/2014 2.0 1,000,000.00 100.7305 $1,007,305.00 FN091512 31359MPF4 FANNIE MAE 4.375% 9/15/2012 AAA 9/15/2012 0.5 15,000,000.00 101.9090 $15,286,350.00 FN122713 3135G0GU1 FANNIE MAE 0.5% 12/27/2013 AAA 12/27/2013 1.8 6,900,000.00 100.0565 $6,903,898.50 FM091913 3135G0DE0 FANNIE MAE 0.50% 9/19/2013 AAA 9/19/2013 1.5 3,150,000.00 100.0028 $3,150,088.20 FM092412 31398A3N0 FANNIE MAE 0.625% 9/24/2012 AAA 9/24/2012 0.5 23,000,000.00 100.2466 $23,056,718.00 FM102513 3135G0EH2 FANNIE MAE 0.625% 10/25/2013 AAA 10/25/2013 1.6 5,000,000.00 100.0161 $5,000,805.00 FM120514 3135G0GH0 FANNIE MAE 0.9% 12/5/2014 AAA 12/5/2014 2.8 5,000,000.00 100.3664 $5,018,320.00 FM040412 31398AH54 FANNIE MAE 1.00% 4/4/2012 AAA 4/4/2012 0.1 4,000,000.00 100.0047 $4,000,188.00 FM092313 31398A2S0 FANNIE MAE 1.00% 9/23/2013 AAA 9/23/2013 1.5 9,000,000.00 100.9454 $9,085,086.00 FM073012 31398AT77 FANNIE MAE 1.125% 7/30/2012 AAA 7/30/2012 0.3 13,000,000.00 100.3193 $13,041,509.00 FN093013 31398A2M3 FANNIE MAE 1.125% 9/30/2013 AAA 9/30/2013 1.5 15,000,000.00 101.1684 $15,175,260.00 FF042516 31331KJL5 FEDERAL FARM CREDIT BANK 4/25/16 AAA 4/25/2016 4.1 5,909,801.54 101.0446 $5,971,535.33 FF061313 31331KMZ0 FEDERAL FARM CREDIT BANK 0.6% 6/13/2013 AAA 6/13/2013 1.2 9,500,000.00 100.0455 $9,504,322.50 FF101212 31331JR47 FEDERAL FARM CREDIT BANK 10/12/2012 AAA 10/12/2012 0.6 5,000,000.00 100.0571 $5,002,855.00 FF120613 31331J4L4 FEDERAL FARM CREDIT BANK 12/6/2013 AAA 12/6/2013 1.8 5,892,000.00 100.1088 $5,898,410.50 FH012913 313374VY3 FEDERAL HOME LOAN BANK 0.375% 1/29/13 AAA 1/29/2013 0.8 5,000,000.00 100.1275 $5,006,375.00 FH032713 313372RK2 FEDERAL HOME LOAN BANK 1.00% 3/27/2013 AAA 3/27/2013 1.0 10,000,000.00 100.7492 $10,074,920.00 FH050213 313376XM2 FEDERAL HOME LOAN BANK 0.2% 5/2/2013 AAA 5/2/2013 1.2 10,000,000.00 99.9374 $9,993,740.00 FH073013 313376VB8 FEDERAL HOME LOAN BANK 0.25% 7/30/2013 AAA 7/30/2013 1.3 11,625,000.00 99.9250 $11,616,281.25 FH092612 3133XUUJ0 FEDERAL HOME LOAN BANK 1.625% 9/26/12 AAA 9/26/2012 0.5 26,000,000.00 100.7079 $26,184,054.00 FH112112 3133XVEM9 FEDERAL HOME LOAN BANK 1.625% 11/21/12 AAA 11/21/2012 0.7 7,500,000.00 100.9069 $7,568,017.50 FH112713 3137EACZ0 FREDDIE MAC 0.375% 11/27/2013 AAA 11/27/2013 1.7 20,000,000.00 100.0203 $20,004,060.00 FM113012 3137EACP2 FREDDIE MAC 0.375% 11/30/2012 AAA 11/30/2012 0.7 2,500,000.00 100.1549 $2,503,872.50 FM010914 3134G3JR2 FREDDIE MAC 0.45% 1/9/2014 AAA 1/9/2014 1.8 10,000,000.00 100.1248 $10,012,480.00 FM010314 3134G3GZ7 FREDDIE MAC 0.50% 1/3/2014 AAA 1/3/2014 1.8 15,000,000.00 100.1092 $15,016,380.00 FM101813 3134G2S86 FREDDIE MAC 0.50% 10/18/2013 AAA 10/18/2013 1.6 7,000,000.00 100.0074 $7,000,518.00 FM122713 3134G3DT4 FREDDIE MAC 0.55% 12/27/2013 AAA 12/27/2013 1.8 10,000,000.00 100.0806 $10,008,060.00 FM122812 3137EACQ0 FREDDIE MAC 0.625% 12/28/2012 AAA 12/28/2012 0.8 8,000,000.00 100.3064 $8,024,512.00 FM11413 3134G22H4 FREDDIE MAC 0.7 11/4/2013 AAA 11/4/2013 1.7 2,220,000.00 100.0284 $2,220,630.48 FM41913 3134G1VX9 FREDDIE MAC 0.8% 4/19/2013 AAA 4/19/2013 1.1 2,800,000.00 100.4796 $2,813,428.80 FM072712 3137EACK3 FREDDIE MAC 1.125% 7/27/2012 AAA 7/27/2012 0.3 7,000,000.00 100.2984 $7,020,888.00 FM110413 3134G25F5 FREDDIE MAC 11/4/13 AAA 11/4/2013 1.7 4,000,000.00 99.9875 $3,999,500.00 FM031515 31398V2J4 FREDDIE MAC 3/15/15 AAA 3/15/2015 3.0 2,553,088.39 100.4718 $2,565,133.86 FC081512 358266CP7 FRESNO CNTY CA PENSN 4.048% 8/15/2012 AA-8/15/2012 0.4 2,100,000.00 101.2690 $2,126,649.00 GE071515 36159JBM2 GE CAPITAL CREDIT CARD 3.69% 7/15/15 AAA 7/15/2015 3.3 3,000,000.00 100.9524 $3,028,572.00 GE010714 36962G4W1 GENERAL ELEC CAP CORP 1/7/2014 AA+1/7/2014 1.8 6,000,000.00 100.6430 $6,038,580.00 GE050113 36962G3T9 GENERAL ELEC CAP CORP 4.8% 5/1/2013 AA+5/1/2013 1.2 2,397,000.00 104.3629 $2,501,578.71 GE091514 36962GK94 GENERAL ELEC CAP CORP 9/15/2014 AA+9/15/2014 2.5 3,040,000.00 98.6668 $2,999,470.72 HA091513 43813UAB6 HONDA AUTO RECEIV- ABLES 9/15/2013 AAA 9/15/2013 1.5 7,400,000.00 100.0443 $7,403,278.20 IC080513 459200GT2 IBM CORP 1.00% 8/5/2013 A+8/5/2013 1.4 2,000,000.00 100.6408 $2,012,816.00 IC051214 459200GW5 IBM CORP 1.25% 5/12/2014 A+5/12/2014 2.2 2,000,000.00 101.2357 $2,024,714.00 II102212 44924EAB6 IBM INTL GROUP CAPITAL 5.05%A+10/22/2012 0.6 5,975,000.00 102.7334 $6,138,320.65 IC070113 452874EC0 IMPERIAL CA IRR DIST COPS 4.84% 7/1/2013 AA 7/1/2013 1.3 1,495,000.00 105.4800 $1,576,926.00 IR091512 463655GT1 IRVINE RANCH CA WTR DIST 1.784 9/15/2012 AA+9/15/2012 0.5 2,000,000.00 100.6720 $2,013,440.00 IR091513 463655GV6 IRVINE RANCH CA WTR 2.385% 9/15/2013 AA+9/15/2013 1.5 5,500,000.00 102.5830 $5,642,065.00 IR31514 463655GW4 IRVINE RANCH CALIF WTR DIST 2.605%AA+3/15/2014 2.0 900,000.00 103.8160 $934,344.00 JD061614 477867AB1 JOHN DEERE OWNER TRUST 06/16/14 AAA 6/16/2014 2.2 4,421,776.29 100.0442 $4,423,730.72 JJ51514 478160BC7 JOHNSON & JOHNSON 5/15/2014 AAA 5/15/2014 2.2 3,800,000.00 100.5211 $3,819,801.80 JP050214 46623EJH3 JPMORGAN CHASE & CO 5/2/2014 A 5/2/2014 2.2 9,690,000.00 100.1700 $9,706,473.00 KC080112 492246MA8 KERN CALIF HIGH SCH DIST 0.73% 8/1/2012 AAA 8/1/2012 0.4 3,570,000.00 100.0290 $3,571,035.30 ML081312 59217EAT1 MET LIFE GLOB FUND- ING 8/13/2012 AA-8/13/2012 0.4 1,590,000.00 99.9514 $1,589,227.26 4/4/2012 Page 60 * Security ratings are updated monthly at month-end. ML040414 59157BAF9 METLIFE INSTITUTION- AL FD 4/4/2014 AA-4/4/2014 2.1 9,500,000.00 100.3554 $9,533,763.00 MC070112 607763BB4 MODESTO CALIF IRR DIST ELEC 7/01/2012 A+7/1/2012 0.3 7,485,000.00 100.3030 $7,507,679.55 NR070113 637432LM5 NATIONAL RURAL UTIL COOP 5.5% 7/1/2013 A+7/1/2013 1.3 7,805,000.00 106.0154 $8,274,501.97 NR091612 637432LT0 NATIONAL RURAL UTIL COOP 2.625% 9/16/12 A+9/16/2012 0.5 1,500,000.00 100.9452 $1,514,178.00 NY050913 64953BAP3 NEW YORK LIFE GLOBAL FDG 4.65% 5/9/2013 AA+5/9/2013 1.2 800,000.00 104.2215 $833,772.00 NY091513 64952WAA1 NEW YORK LIFE GLOBAL 5.375% 9/15/2013 AA+9/15/2013 1.5 1,000,000.00 106.6023 $1,066,023.00 NY101612 64952WAJ2 NEW YORK LIFE GLOBAL FDG 5.25% 10/16/2012 AA+10/16/2012 0.6 2,490,000.00 102.5048 $2,552,369.52 NY121412 64952WAS2 NEW YORK LIFE GLOBAL FDG 2.25% 12/14/2012 AA+12/14/2012 0.8 6,300,000.00 101.1623 $6,373,224.90 OC050113 68428LCT9 ORANGE CNTY CA PENSN OBLG 0.9% 5/1/2013 A+5/1/2013 1.2 2,800,000.00 99.9040 $2,797,312.00 OC062813 68428LCU6 ORANGE CNTY CA PENSN OBLG 0.95% 6/28/2013 A+6/28/2013 1.2 2,560,000.00 99.8900 $2,557,184.00 PM080113 732098EA2 POMONA CA UNIF SCH 0.873% 8/1/2013 A 8/1/2013 1.4 4,650,000.00 99.8590 $4,643,443.50 PG020614 742718DX4 PROCTOR & GAMBLE CO 2/6/2014 AA-2/6/2014 1.9 7,345,000.00 100.1320 $7,354,695.40 SF050113 79766DCQ0 SAN FRANCISCO CALIF CITY 5/1/2013 A+5/1/2013 1.2 2,000,000.00 100.0290 $2,000,580.00 SL060113 79844PAA6 SAN LEANDRO CALIF 1.14% 6/1/2013 A+6/1/2013 1.2 720,000.00 99.8850 $719,172.00 SF060112 840058SV4 SOUTH SAN FRANCISCO CALIF 6/01/2012 SP-1+6/1/2012 0.2 6,000,000.00 100.2220 $6,013,320.00 SC070112 842477SQ5 SOUTHERN CALIF PUB PWR AUTH 7/01/2012 AA-7/1/2012 0.3 8,000,000.00 100.1220 $8,009,760.00 SC70112 84247PDF5 SOUTHERN CALIF PUB PWR 4% 7/01/2012 AA-7/1/2012 0.3 2,000,000.00 100.9100 $2,018,200.00 SS030714 857477AJ2 STATE STREET CORP 3/7/2014 A+3/7/2014 2.0 7,250,000.00 100.3163 $7,272,931.75 TG071513 87244EAG7 TIAA GLOBAL MARKETS 4.95% 7/15/2013 AA+7/15/2013 1.3 2,355,000.00 105.0409 $2,473,713.20 TG101012 87244EAC6 TIAA GLOBAL MARKETS 5.125% 10/10/2012 AA+10/10/2012 0.6 7,080,000.00 102.3022 $7,242,995.76 UC051550 91412GEV3 UNIVERSITY CALIF REVS 5/15/2050 AA/A-1+5/1/2013 1.2 4,540,000.00 101.3340 $4,600,563.60 UC070113 91412GFC4 UNIVERSITY CALIF REV 0.887% 7/1/2013 AA/A-1+7/1/2013 1.3 9,300,000.00 100.5030 $9,346,779.00 BC061413 91159HGW4 US BANCORP 2.00% 6/14/2013 A 6/14/2013 1.2 5,000,000.00 101.6778 $5,083,890.00 US021513 91159HGS3 US BANCORP 2.125% 2/15/2013 A 2/15/2013 0.9 4,400,000.00 101.4303 $4,462,933.20 VC032814 92343VAZ7 VERIZON COMMUNICA- TIONS 3/28/2014 A-3/28/2014 2.0 5,000,000.00 100.8294 $5,041,470.00 VPWF3801 VP7000236 WELLS FARGO ADVANT- AGE HERITAGE NR 3/31/2012 0.0 28,149,837.24 100.0000 $28,149,837.24 Grand Total $608,955,140.26 4/4/2012 Page 61 SECTION III APPENDIX B. INVESTMENT PORTFOLIO DETAIL – MANAGED BY OUTSIDE CONTRACTED PARTIES B. 3. EAST BAY REGIONAL COMMUNICATIONS SYSTEM AUTHORITY (EBRCS) EBRCS TRANSACTIONS* For the Quarter Ending March 31, 2012 FY 2011-2012 FUND BALANCE @ JV/Date JV/Date JV/Date JV/Date JV/Date JV/Date BALANCE @ NUMBER 12/31/11 03/31/12 100300 2,455,113.76 2,455,113.76 TOTALS 2,455,113.76 0.00 0.00 0.00 0.00 0.00 0.00 2,455,113.76 * East Bay Regional Communications System Authority Page 62 SECTION III APPENDIX B. INVESTMENT PORTFOLIO DETAIL – MANAGED BY OUTSIDE CONTRACTED PARTIES B. 4. MISCELLANEOUS Shares /Market Price Market Value Accrued Income Par Value Asset Description Average Cost Cost Est Annual Income Market Yield Transaction Realized Date Transaction Description Income Principal Cost Gains/Losses Statement Period 03/01/2012 Through 03/31/2012 Statement of Assets Held Statement of Transactions Account 036111 CCC 91-1 PLEASANT HILL BART 98 RESER FD 52,411.980 COUNTY OF CONTRA COSTA CFD NO. 1992-1 1.00000 52,411.98 0.00 5.40% (PLEASANT HILL BART STATION AREA) 1.00000 52,411.98 2,830.25 SPECIAL TAX BOND CERTIFICATE #R-1 DATED 6/17/1992 CUSIP: S86617840 MATURITY DATE: 08/01/2015 RATE: 5.40% 413,007.860 CALIFORNIA ARBITRAGE MGMT PROGRAM 1.00000 413,007.86 0.00 0.00% CAMP 1.00000 413,007.86 0.00 PRINCIPAL CUSIP: S86217350 119,582.100 WELLS FARGO ADV TRSRY PLUS M MKT #453 1.00000 119,582.10 0.00 0.01% CUSIP: S99998240 1.00000 119,582.10 11.96 Total Market Value Plus Total Accrued Income 585,001.94 03/02/12 Purchase 0.00 1,415.12 - 1,415.12 0.00 WELLS FARGO ADV TRSRY PLUS M MKT #453 1,415.12 SHARES 03/02/12 Dividend 0.91 0.00 0.00 0.00 WELLS FARGO ADV TRSRY PLUS M MKT #453 DIVIDEND 03/02/12 Cash Debit 0.91 - 0.00 0.00 0.00 WELLS FARGO ADV TRSRY PLUS M MKT #453 INVESTMENT MAINTENANCE FEE 03/02/12 Cash Credit 0.00 1,415.12 0.00 0.00 TRSF FROM 036100 TO 036111 FOR CONTRA92$1 D/S FUNDS USED TO INCREASE RESERVE FUND 03/13/12 Purchase 0.00 82.08 - 82.08 0.00 CALIFORNIA ARBITRAGE MGMT PROGRAM CAMP PRINCIPAL ACCRUAL INCOME DIVIDENDS REINVESTMENT FO R THE MONTH OF FEBRUARY 2012 TRNIIJ1203131313000 82.08 SHARES 03/13/12 Dividend 82.08 0.00 0.00 0.00 CALIFORNIA ARBITRAGE MGMT PROGRAM CAMP ACCRUAL INCOME DIVIDENDS REINVESTMENT FO R THE MONTH OF FEBRUARY 2012 TRNIIJ1203131312900 03/13/12 Cash Debit 82.08 - 0.00 0.00 0.00 TRANSFERRED TO ACCOUNT 036111 FF 03/13/12 Cash Credit 0.00 82.08 0.00 0.00 TRANSFERRED FROM ACCOUNT 036111 FF FIXED INCOME Total FIXED INCOME 52,411.98 0.00 5.40% 52,411.98 2,830.25 OTHER Total OTHER 413,007.86 0.00 0.00% 413,007.86 0.00 CASH AND SHORT TERM Total CASH AND SHORT TERM 119,582.10 0.00 0.01% 119,582.10 11.96 ACCOUNT TOTALS 585,001.94 0.00 0.48% 585,001.94 2,842.21 03/01/12 OPENING BALANCE 0.00 0.00 583,504.74 03/02/12 DAILY ENDING BALANCE 0.00 0.00 584,919.86 0.00 03/13/12 DAILY ENDING BALANCE 0.00 0.00 585,001.94 0.00 Page 2 of 3 c g 5692 m i WI s 555 Page 63 Cash and securities set forth on this Account Statement are held by The Bank of New York Mellon, an affiliate of The Bank of New York Mellon Trust Company, N.A. In addition, The Bank of New York Mellon Trust Company, N.A. may utilize subsidiaries and affiliates to provide services and certain products to the Account. Subsidiaries and affiliates may be compensated for their services and products. The value of securities set forth on this Account Statement are obtained by The Bank of New York Mellon Trust Company, N.A., from its affiliate, The Bank of New York Mellon which determines such values for Global Corporate Trust on the basis of market prices and information obtained by The Bank of New York Mellon from unaffiliated third parties (including independent pricing vendors) ("third party pricing services"). The Bank of New York Mellon has not verified such market values or information and makes no assurances as to the accuracy or correctness of such market values or information or that the market values set forth on this Account Statement reflect the value of the securities that can be realized upon the sale of such securities. In addition, the market values for the securities set forth in this Account Statement may differ from the market prices and information for the same securities used by other business units of The Bank of New York Mellon Trust Company, N.A., The Bank of New York Mellon or their respective subsidiaries or affiliates based upon market prices and information received from other third party pricing services utilized by such other business units. Global Corporate Trust does not compare its market values with those used by, or reconcile different market values used by, other business units of The Bank of New York Mellon Trust Company, N.A., The Bank of New York Mellon or their respective subsidiaries or affiliates. Neither The Bank of New York Mellon Trust Company, N.A. nor The Bank of New York Mellon shall be liable for any loss, damage or expense incurred as a result of or arising from or related to the market values or information provided by third party pricing services or the differences in market prices or information provided by other third party pricing services. Transaction Realized Date Transaction Description Income Principal Cost Gains/Losses Statement Period 03/01/2012 Through 03/31/2012 Statement of Transactions - Continued Account 036111 CCC 91-1 PLEASANT HILL BART 98 RESER FD 03/31/12 CLOSING BALANCE 0.00 0.00 585,001.94 0.00 Cumulative realized capital gain and loss position from 12/31/2011 for securities held in principal of account: Short Term: 0.00 * Long Term: 0.00 * * The above gain and loss position does not include transactions where tax cost information is incomplete or unavailable. Page 3 of 3 c g 5692 m i WI s 556 Page 64 Page 65 Page 66 Page 67 Page 68 Page 69 Page 70