08 - May 2017TOTAL VALUE OF YOUR ACCOUNTS (as of 5/31/17)$16,192,070.16
Includes Accrued Interest
CLIENT STATEMENT For the Period May 1-31, 2017
660 - 110000 - 095 -1 - 0
STATEMENT PACKAGE FOR:
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Morgan Stanley Smith Barney LLC. Member SIPC.
Access Your Account s Online: www.morganstanley.com/online
Your Financial Advisor Team
BAGWELL/BRIDGES/TAYLOR
407-849-4700
Your Branch
201 E. PINE ST 11TH FL
ORLANDO, FL 32801
Telephone:407-849-4700 ; Alt. Phone:800-869-0007 ; Fax:407-849-4797
Client Service Center (24 Hours a Day; 7 Days a Week): 800-869-3326
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Standard Disclosures
CLIENT STATEMENT For the Period May 1-31, 2017 Page 2 of 26
The following Disclosures are applicable to the enclosed statement(s).
Expanded Disclosures are attached to your most recent June and
December statement (or your first Statement if you have not received a
statement for those months). The Expanded Disclosures are also
available by selecting Account Documents when you log on to
www.morganstanley.com/online or, call 800-869-3326.
Questions?
Questions regarding your account may be directed to your Financial
Advisor or the Branch Manager of the office where you maintain your
account, using the contact information on the statement cover page, or
the Client Service Center at (800) 869-3326.
Errors and Inquiries
Be sure to review your statement promptly, and immediately address
any concerns regarding entries that you do not understand or believe
were made in error by contacting the Branch Manager of the office
where you maintain your account. Oral communications regarding any
inaccuracy or discrepancy in this statement should be re-confirmed in
writing to further protect your rights, including rights under the
Securities Investor Protection Act (SIPA). Your statement will be
deemed correct unless we receive a written inquiry of a suspected
error. See your account documentation for special rules regarding your
rights and responsibilities with respect to erroneous electronic fund
transfers, including a description of the transfers covered. For concerns
or complaints, contact our Client Relations Department at (866)
227-2256.
Senior Investor Helpline
For concerns or complaints, Senior Investors may contact our Firm by
calling (800) 280-4534.
Availability of Free Credit Balances and Financial Statements
Under the customer protection rules of the SEC [17 CFR
§240.15c3-3], we may use funds comprising free credit balances
carried for customer accounts here, provided that these funds are
payable to customers on demand (i.e., are free of a lien or right of
set-off in our favor or on behalf of some third party to whom you have
given control). A financial statement of this organization is available for
your personal inspection at its offices, or a copy will be mailed to you
upon your written request.
Listed Options
Information with respect to commissions and other charges related to
the execution of options transactions has been included in
confirmations of such transactions previously furnished to you and such
information will be made available to you promptly at your request.
Promptly advise us of any material change in your investment
objectives or financial situation.
Important Information if you are a Margin Customer (not available for
certain retirement accounts)
If you have margin privileges, you may borrow money from us in
exchange for pledging assets in your accounts as collateral for any
outstanding margin loan. The amount you may borrow is based on the
value of the eligible securities in your margin accounts. If a security has
eligible shares, the number of shares pledged as collateral will be
indicated below the position.
Margin Interest Charges
We calculate interest charges on margin loans as follows: (1) multiply
the applicable margin interest rate by the daily close of business net
settled debit balance, and (2) divide by 360 (days). Margin interest
accrues daily throughout the month and is added to your debit balance
at month-end. The month-end interest charge is the sum of the daily
accrued interest calculations for the month. We add the accrued
interest to your debit balance and start a new calculation each time the
applicable interest rate changes and at the close of every statement
month. For interest rate information, log into your Morgan Stanley
account at morganstanley.com/online. Select your account with a
Margin agreement and click Interest Rates for more information.
Information regarding Special Memorandum Account
If you have a Margin Account, this is a combined statement of your
Margin Account and Special Memorandum Account maintained for you
under Section 220.5 of Regulation T issued by the Board of Governors
of the Federal Reserve System. The permanent record of the Special
Memorandum Account as required by Regulation T is available for your
inspection at your request.
Important Information About Auction Rate Securities
For certain Auction Rate Securities there is no or limited liquidity.
Therefore, the price(s) for these Auction Rate Securities are indicated
by N/A (not available). There can be no assurance that a successful
auction will occur or that a secondary market exists or will develop for
a particular security.
Structured Investments Risks and Considerations
Structured Investments (Structured Products) are complex products and
may be subject to special risks. Investors should consider the
concentration risk of owning the related security and their total
exposure to any underlying asset. Structured Investments, which may
appear in various statement product categories and are identified on
the Position Description Details line as “Asset Class: Struct Inv,” may
not perform in a manner consistent with the statement product
category where they appear and therefore may not satisfy portfolio
asset allocation needs for that category. For information on the risks
and conflicts of interest related to Structured Investments generally, log
in to Morgan Stanley Online and go to
www.morganstanley.com/structuredproductsrisksandconflicts.
Security Measures
This statement features several embedded security elements to
safeguard its authenticity. One is a unique security mark-a blue
rectangle printed in heat-sensitive ink on the back of every page. When
exposed to warmth, the blue rectangle will disappear, and then
reappear.
SIPC Protection
We are a member of Securities Investor Protection Corporation (SIPC),
which protects securities of its customers up to $500,000 (including
$250,000 for claims for cash). An explanatory brochure is available
upon request or at www.sipc.org. Losses due to market fluctuation are
not protected by SIPC and assets not held with us may not be covered
by SIPC protection. To obtain information about SIPC, including an
explanatory SIPC brochure, contact SIPC at 1-202-371-8300 or visit
www.sipc.org.
Transaction Dates and Conditions
Upon written request, we will furnish the date and time of a transaction
and the name of the other party to a transaction. We and/or our
affiliates may accept benefits that constitute payment for order flow.
Details regarding these benefits and the source and amount of any
other remuneration received or to be received by us in connection with
any transaction will be furnished upon written request.
Equity Research Ratings Definitions and Global Investment Manager
Analysis Status
Some equity securities may have research ratings from Morgan Stanley
& Co. LLC or Morningstar, Inc. Research ratings are the research
providers’ opinions and not representations or guarantees of
performance. For more information about each research provider's
rating system, see the Research Ratings on your most recent June or
December statement (or your first statement if you have not received a
statement for those months), go to www.morganstanley.com/online or
refer to the research provider’s research report. Research reports
contain more complete information concerning the analyst's views and
you should read the entire research report and not infer its contents
from the rating alone. If your account contains an advisory component
or is an advisory account, a GIMA status will apply.
Credit Ratings from Moody's Investors Service and Standard & Poor's
The credit rating from Moody's Investors Service and Standard & Poor's
may be shown for certain securities. All credit ratings represent the
opinions of the provider and are not representations or guarantees of
performance. Your Financial Advisor will be pleased to provide you with
further information or assistance in interpreting these credit ratings.
Revised 01/2017
CONSOLIDATED
SUMMARY
PERSONAL
ACCOUNTS
RETIREMENT
ACCOUNTS
EDUCATION
ACCOUNTS
TRUST
ACCOUNTS
BUSINESS
ACCOUNTS
Consulting and Evaluation Services Active Assets Account
660-110000-095
CHANGE IN VALUE OF YOUR ACCOUNTS (includes accrued interest)
This Period
(5/1/17-5/31/17)
This Year
(1/1/17-5/31/17)
TOTAL BEGINNING VALUE $16,160,294.51 $16,100,433.59
Credits —1,839.01
Debits —(12,491.07)
Security Transfers ——
Net Credits/Debits/Transfers —$(10,652.06)
Change in Value 31,775.65 102,288.63
TOTAL ENDING VALUE $16,192,070.16 $16,192,070.16
Net Credits / Debits include investment advisory fees as applicable. See Activity section for details.
MARKET VALUE OVER TIME
The below chart displays the most recent thirteen months of Market Value.
CLIENT STATEMENT For the Period May 1-31, 2017
Account Summary
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
This asset allocation represents holdings on a trade date basis, and projected settled Cash/ BDP and
MMF balances. These classifications do not constitute a recommendation and may differ from the
classification of instruments for regulatory or tax purposes.
MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY
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15
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17
18
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M
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This chart does not reflect corrections to Market Value made subsequent to the dates depicted. It may
exclude transactions in Annuities or positions where we are not the custodian, which could delay the
reporting of Market Value.
2016 2017
Page 3 of 26
ASSET ALLOCATION (includes accrued interest)
Cash
Fixed Income & Preferreds
Market Value Percentage
Cash $196,908.26 1.22
Fixed Income & Preferreds 15,995,161.90 98.78
TOTAL VALUE $16,192,070.16 100.00%
FDIC rules apply and Bank Deposits are eligible for FDIC insurance but are not covered by SIPC. Cash
and securities (including MMFs) are eligible for SIPC coverage. See Expanded Disclosures.
Values may include assets externally held, which are provided to you as a courtesy, and may not be
covered by SIPC. For additional information, refer to the corresponding section of this statement.
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Account Summary
CLIENT STATEMENT For the Period May 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 4 of 26
BALANCE SHEET (^ includes accrued interest)
Last Period
(as of 4/30/17)
This Period
(as of 5/31/17)
Cash, BDP, MMFs $2,062,895.23 $61,455.64
Corporate Fixed Income^4,262,235.27 4,902,449.16
Government Securities^9,966,180.64 11,092,712.74
Net Unsettled Purchases/Sales (49,969.30)135,452.62
Total Assets $16,241,341.84 $16,192,070.16
Cash, BDP, MMFs (Debit)(81,047.33)—
Total Liabilities (outstanding balance)$(81,047.33)—
TOTAL VALUE $16,160,294.51 $16,192,070.16
CASH FLOW
This Period
(5/1/17-5/31/17)
This Year
(1/1/17-5/31/17)
OPENING CASH, BDP, MMFs $1,981,847.90 $4,239,844.93
Purchases (2,286,974.68)(22,901,122.22)
Dividend Reinvestments —(22,669.13)
Sales and Redemptions 541,708.92 18,792,989.62
Prior Net Unsettled Purch/Sales (49,969.30)N/A
Net Unsettled Purch/Sales (135,452.62)(135,452.62)
Return of Principal 199.89 7,953.36
Income and Distributions 10,095.53 90,563.76
Total Investment Related Activity $(1,920,392.26)$(4,167,737.23)
Other Credits —1,839.01
Other Debits —(12,491.07)
Total Cash Related Activity —$(10,652.06)
Total Card/Check Activity ——
CLOSING CASH, BDP, MMFs $61,455.64 $61,455.64
INCOME AND DISTRIBUTION SUMMARY
This Period
(5/1/17-5/31/17)
This Year
(1/1/17-5/31/17)
Other Dividends $2.66 $22,463.64
Interest 10,092.87 49,918.10
Total Taxable Income And Distributions $10,095.53 $72,381.74
Total Tax-Exempt Income ——
TOTAL INCOME AND DISTRIBUTIONS $10,095.53 $72,381.74
Taxable and tax exempt income classifications are based on the characteristics of the underlying
securities and not the taxable status of the account.
GAIN/(LOSS) SUMMARY
Realized This Period
(5/1/17-5/31/17)
Realized This Year
(1/1/17-5/31/17)
Unrealized
Inception to Date
(as of 5/31/17)
Short-Term Gain $60.20 $11,034.20 $22,334.76
Short-Term (Loss)(1,822.14)(8,344.50)(10,867.51)
Total Short-Term $(1,761.94)$2,689.70 $11,467.25
Long-Term Gain —10,958.01 —
Long-Term (Loss)—(90,901.54)—
Total Long-Term —$(79,943.53)—
TOTAL GAIN/(LOSS)$(1,761.94)$(77,253.83)$11,467.25
Disallowed Loss —$112.09
The Gain/(Loss) Summary, which may change due to basis adjustments, is provided for informational
purposes and should not be used for tax preparation. Refer to Gain/(Loss) in the Expanded Disclosures.
Account Summary
CLIENT STATEMENT For the Period May 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 5 of 26
ADDITIONAL ACCOUNT INFORMATION
Category
This Period
(5/1/17-5/31/17)
This Year
(1/1/17-5/31/17)Category
This Period
(5/1/17-5/31/17)
This Year
(1/1/17-5/31/17)
Accrued Interest Paid $5,891.89 $59,459.73 Accrued Interest Received 1,611.77 13,064.82
U.S. Treasury Coupon Interest —23,202.02
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Account Detail
CLIENT STATEMENT For the Period May 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
Investment Objectives †: Income,Capital Appreciation,Aggressive Income,Speculation Investment Advisory Account
Manager:GALLIARD CAPITAL MANAGEMENT, INC.
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 6 of 26
† Inform us if your investment objectives, as defined in the Expanded Disclosures, change.
HOLDINGS
This section reflects positions purchased/sold on a trade date basis. "Market Value" and "Unrealized Gain/(Loss)" may not reflect the value that could be obtained in the market. Fixed Income securities are sorted
by maturity or pre-refunding date, and alphabetically within date. Estimated Annual Income a) is calculated on a pre-tax basis, b) does not include any reduction for applicable non-US withholding taxes, c) may
include return of principal or capital gains which could overstate such estimates, and d) for securities that have a defined maturity date within the next 12 months, is reflected only through maturity date. Actual
income or yield may be lower or higher than the estimates. Current yield reflects the income generated by an investment, and does not reflect changes in its price. Structured Investments, identified on the
Position Description Details line as "Asset Class: Struct Inv," may appear in various statement product categories. When displayed, the accrued interest, annual income and current yield for those with a
contingent income feature (e.g., Range Accrual Notes or Contingent Income Notes) are estimates and assume specified accrual conditions are met during the relevant period and payment in full of all contingent
interest. For Floating Rate Securities, the accrued interest, annual income and current yield are estimates based on the current floating coupon rate and may not reflect historic rates within the accrual period.
CASH, BANK DEPOSIT PROGRAM AND MONEY MARKET FUNDS
Cash, Bank Deposit Program, and Money Market Funds are generally displayed on a settlement date basis. You have the right to instruct us to liquidate your bank deposit balance(s) or shares of any money market
fund balance(s) at any time and have the proceeds of such liquidation remitted to you. Estimated Annual Income, Accrued Interest, and APY% will only be displayed for fully settled positions.
Description Market Value
7-Day
Current Yield %Est Ann Income APY %
MORGAN STANLEY PRIVATE BANK NA #$61,453.59 —$6.00 0.010
MORGAN STANLEY BANK N.A. #2.05 ——0.010
BANK DEPOSITS $61,455.64 $6.00
Percentage
of Holdings Market Value Est Ann Income
CASH, BDP, AND MMFs $61,455.64 $6.00
NET UNSETTLED PURCHASES/SALES $135,452.62
CASH, BDP, AND MMFs (PROJECTED SETTLED BALANCE)1.22%$196,908.26
# Bank Deposits are held at Morgan Stanley Bank, N.A. and/or Morgan Stanley Private Bank, National Association, affiliates of Morgan Stanley Smith Barney LLC and each a national bank and FDIC member.
The “Projected Settled Balance” includes accrued interest on deposits and reflects the impact of unsettled purchases/sales.
Account Detail
CLIENT STATEMENT For the Period May 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 7 of 26
CORPORATE FIXED INCOME
CORPORATE BONDS
Security Description Trade Date Face Value
Orig Unit Cost
Adj Unit Cost Unit Price
Orig Total Cost
Adj Total Cost Market Value
Unrealized
Gain/(Loss)
Est Ann Income
Accrued Interest
Current
Yield %
ECOLAB INC
Coupon Rate 1.450%; Matures 12/08/2017; CUSIP 278865AP5
3/2/17 50,000.000 $99.929
$99.929
$99.948 $49,964.50
$49,964.50 $49,974.00 $9.50 ST
$725.00
$348.40
1.45
Int. Semi-Annually Jun/Dec 08; Yield to Maturity 1.551%; Moody BAA1 S&P A-; Issued 12/13/12; Asset Class: FI & Pref
BECTON DICKINSON AND CO
Coupon Rate 1.800%; Matures 12/15/2017; CUSIP 075887BD0
3/7/17 35,000.000 100.229
100.161
100.249 35,080.15
35,056.31 35,087.15 30.84 ST
630.00
290.49
1.79
Int. Semi-Annually Jun/Dec 15; Yield to Maturity 1.334%; Moody BAA2 (-) S&P BBB+ (-); Issued 12/15/14; Asset Class: FI & Pref
MORGAN STANLEY SER-F
Coupon Rate 1.875%; Matures 01/05/2018; CUSIP 61761JVM8
3/21/17 30,000.000 100.187
100.142
100.149 30,056.10
30,042.56 30,044.70 2.14 ST
563.00
228.12
1.87
Int. Semi-Annually Jan/Jul 05; Yield to Maturity 1.621%; Moody A3 S&P BBB+; Issued 12/05/14; Asset Class: FI & Pref
REALTY INCOME CORPORATION
Coupon Rate 2.000%; Matures 01/31/2018; CUSIP 756109AM6
3/3/17 55,000.000 100.347
100.258
100.179 55,190.85
55,141.83 55,098.45 (43.38)ST
1,100.00
366.66
1.99
Int. Semi-Annually Jan/Jul 31; Callable $100.00 on 12/31/17; Yield to Call 1.689%; Moody BAA1 S&P BBB+; Issued 10/10/12; Asset Class: FI & Pref
AIRGAS INC
Coupon Rate 1.650%; Matures 02/15/2018; CUSIP 009363AN2
3/9/17 50,000.000 100.124
100.095
100.176 50,062.00
50,047.44 50,088.00 40.56 ST
825.00
242.91
1.64
Int. Semi-Annually Feb/Aug 15; Callable $100.00 on 01/15/18; Yield to Call 1.364%; Moody A3 S&P A-; Issued 02/14/13; Asset Class: FI & Pref
VENTAS REALTY LP/CAP CRP
Coupon Rate 2.000%; Matures 02/15/2018; CUSIP 92276MBA2
5/16/17 35,000.000 100.168
100.160
100.176 35,058.80
35,055.93 35,061.60 5.67 ST
700.00
206.11
1.99
Int. Semi-Annually Feb/Aug 15; Callable $100.00 on 01/15/18; Yield to Call 1.713%; Moody BAA1 S&P BBB+; Issued 12/13/12; Asset Class: FI & Pref
NORTHERN STATES PWR MINN
Coupon Rate 5.250%; Matures 03/01/2018; CUSIP 665772CD9
3/3/17 45,000.000 103.651
102.770
102.808 46,642.95
46,246.41 46,263.60 17.19 ST
2,363.00
590.62
5.10
Int. Semi-Annually Mar/Sep 01; Yield to Maturity 1.468%; Moody AA3 S&P A; Issued 03/18/08; Asset Class: FI & Pref
PECO ENERGY CO
Coupon Rate 5.350%; Matures 03/01/2018; CUSIP 693304AL1
3/6/17 32,000.000 103.717
102.844
102.917 33,189.44
32,910.01 32,933.44 23.43 ST
1,712.00
428.00
5.19
Int. Semi-Annually Mar/Sep 01; Yield to Maturity 1.423%; Moody AA3 S&P A-; Issued 03/03/08; Asset Class: FI & Pref
MIDAMERICAN ENERGY CO
Coupon Rate 5.300%; Matures 03/15/2018; CUSIP 595620AH8
3/8/17 35,000.000 103.716
102.908
102.922 36,300.60
36,017.86 36,022.70 4.84 ST
1,855.00
391.61
5.14
Int. Semi-Annually Mar/Sep 15; Yield to Maturity 1.556%; Moody AA2 S&P A+; Issued 03/25/08; Asset Class: FI & Pref
OVERSEAS PRIVATE INVESTMENT CORPORATION
Zero Coupon; Matures 03/17/2018; CUSIP 690353T31
3/13/17 200,000.000 100.000
100.000
100.403 200,000.00
200,000.00 200,806.00 806.00 ST
——
Issued 03/17/17; Asset Class: FI & Pref
DUKE ENERGY CAROLINAS
Coupon Rate 5.100%; Matures 04/15/2018; CUSIP 26442CAD6
3/28/17 50,000.000 103.514
102.943
103.027 51,757.00
51,471.61 51,513.50 41.89 ST
2,550.00
325.83
4.95
Int. Semi-Annually Apr/Oct 15; Yield to Maturity 1.589%; Moody AA2 S&P A; Issued 04/14/08; Asset Class: FI & Pref
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CLIENT STATEMENT For the Period May 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 8 of 26
Security Description Trade Date Face Value
Orig Unit Cost
Adj Unit Cost Unit Price
Orig Total Cost
Adj Total Cost Market Value
Unrealized
Gain/(Loss)
Est Ann Income
Accrued Interest
Current
Yield %
SOUTHERN CALIF GAS CO
Coupon Rate 5.450%; Matures 04/15/2018; CUSIP 842434CD2
2/7/17 30,000.000 104.372
103.218
103.349 31,311.60
30,965.40 31,004.70 39.30 ST
1,635.00
208.91
5.27
Int. Semi-Annually Apr/Oct 15; Yield to Maturity 1.567%; Moody AA2 S&P A+; Issued 10/17/03; Asset Class: FI & Pref
BANK OF AMERICA NA
Coupon Rate 5.650%; Matures 05/01/2018; CUSIP 06051GDX4
2/24/17 30,000.000 104.534
103.557
103.454 31,360.20
31,067.00 31,036.20 (30.80)ST
1,695.00
141.24
5.46
Int. Semi-Annually May/Nov 01; Yield to Maturity 1.831%; Moody BAA1 S&P BBB+; Issued 05/02/08; Asset Class: FI & Pref
CONNECTICUT LIGHT & PWR
Coupon Rate 5.650%; Matures 05/01/2018; CUSIP 207597ED3
3/2/17 50,000.000 104.599
103.659
103.667 52,299.50
51,829.59 51,833.50 3.91 ST
2,825.00
235.41
5.45
Int. Semi-Annually May/Nov 01; Yield to Maturity 1.603%; Moody A2 S&P A+; Issued 05/27/08; Asset Class: FI & Pref
PUB SVC ELEC & GAS
Coupon Rate 5.300%; Matures 05/01/2018; CUSIP 74456QAS5
3/21/17 50,000.000 103.966
103.290
103.465 51,983.00
51,644.87 51,732.50 87.63 ST
2,650.00
220.83
5.12
Int. Semi-Annually May/Nov 01; Yield to Maturity 1.479%; Moody AA3 S&P A; Issued 04/17/08; Asset Class: FI & Pref
ENTERPRISE PRODUCTS OPER
Coupon Rate 1.650%; Matures 05/07/2018; CUSIP 29379VBG7
3/9/17 35,000.000 99.806
99.806
99.973 34,932.10
34,932.10 34,990.55 58.45 ST
578.00
38.50
1.65
Int. Semi-Annually May/Nov 07; Yield to Maturity 1.679%; Moody BAA1 S&P BBB+; Issued 05/07/15; Asset Class: FI & Pref
PARKER-HANNIFIN CORP
Coupon Rate 5.500%; Matures 05/15/2018; CUSIP 70109HAH8
3/3/17 30,000.000 104.643
103.734
103.697 31,392.90
31,120.27 31,109.10 (11.17)ST
1,650.00
73.33
5.30
Int. Semi-Annually May/Nov 15; Yield to Maturity 1.585%; Moody BAA1 S&P A; Issued 05/16/08; Asset Class: FI & Pref
TRAVELERS COS INC
Coupon Rate 5.800%; Matures 05/15/2018; CUSIP 89417EAE9
2/6/17 30,000.000 105.317
104.007
104.063 31,595.10
31,202.06 31,218.90 16.84 ST
1,740.00
77.33
5.57
Int. Semi-Annually May/Nov 15; Yield to Maturity 1.501%; Moody A2 S&P A; Issued 05/13/08; Asset Class: FI & Pref
AVISTA CORPORATION
Coupon Rate 5.950%; Matures 06/01/2018; CUSIP 05379BAN7
4/12/17 50,000.000 104.604
104.116
104.164 52,302.00
52,057.81 52,082.00 24.19 ST
2,975.00
1,487.50
5.71
Int. Semi-Annually Jun/Dec 01; Yield to Maturity 1.732%; Moody A2 S&P A-; Issued 04/03/08; Asset Class: FI & Pref
NORTHROP GRUMMAN CORP
Coupon Rate 1.750%; Matures 06/01/2018; CUSIP 666807BF8
3/1/17 35,000.000 100.209
100.169
100.138 35,073.15
35,059.26 35,048.30 (10.96)ST
613.00
306.25
1.74
Int. Semi-Annually Jun/Dec 01; Yield to Maturity 1.610%; Moody BAA2 S&P BBB; Issued 05/31/13; Asset Class: FI & Pref
UNITED DOMINION REALTY TRUST, INC.
Coupon Rate 4.250%; Matures 06/01/2018; CUSIP 91019PCS9
2/24/17
5/24/17
25,000.000
25,000.000
103.185
102.552
102.407
102.400
102.418
102.418
25,796.25
25,638.06
25,601.75
25,600.09
25,604.50
25,604.50
(33.56)
4.41
ST
ST
Total 50,000.000 51,398.00
51,238.15 51,209.00 (29.15)ST
2,125.00
1,062.50
4.14
Int. Semi-Annually Jun/Dec 01; Yield to Maturity 1.799%; Moody BAA1 S&P BBB+; Issued 05/23/11; Asset Class: FI & Pref
CARDINAL HEALTH INC
Coupon Rate 1.950%; Matures 06/15/2018; CUSIP 14149YBC1
2/13/17 30,000.000 100.324
100.253
100.254 30,097.20
30,075.85 30,076.20 0.35 ST
585.00
269.74
1.94
Int. Semi-Annually Jun/Dec 15; Yield to Maturity 1.702%; Moody BAA2 S&P A- (-); Issued 06/23/15; Asset Class: FI & Pref
Account Detail
CLIENT STATEMENT For the Period May 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 9 of 26
Security Description Trade Date Face Value
Orig Unit Cost
Adj Unit Cost Unit Price
Orig Total Cost
Adj Total Cost Market Value
Unrealized
Gain/(Loss)
Est Ann Income
Accrued Interest
Current
Yield %
WEC ENERGY GROUP INC
Coupon Rate 1.650%; Matures 06/15/2018; CUSIP 976657AJ5
3/8/17 50,000.000 99.817
99.817
100.015 49,908.50
49,908.50 50,007.50 99.00 ST
825.00
380.41
1.64
Int. Semi-Annually Jun/Dec 15; Yield to Maturity 1.635%; Moody A3 S&P BBB+; Issued 06/10/15; Asset Class: FI & Pref
PACIFICORP
Coupon Rate 5.650%; Matures 07/15/2018; CUSIP 695114CH9
3/1/17 30,000.000 105.348
104.414
104.355 31,604.40
31,324.31 31,306.50 (17.81)ST
1,695.00
640.33
5.41
Int. Semi-Annually Jan/Jul 15; Yield to Maturity 1.713%; Moody A1 S&P A+; Issued 07/17/08; Asset Class: FI & Pref
GOLDMAN SACHS GROUP INC
Coupon Rate 2.900%; Matures 07/19/2018; CUSIP 38147MAA3
3/21/17 30,000.000 101.366
101.172
101.281 30,409.80
30,351.60 30,384.30 32.70 ST
870.00
319.00
2.86
Int. Semi-Annually Jan/Jul 19; Yield to Maturity 1.752%; Moody A3 S&P BBB+; Issued 07/19/13; Asset Class: FI & Pref
VERIZON COMMUNICATIONS
Coupon Rate 2.871%; Matures 09/14/2018; CUSIP 92343VBM5
3/9/17 35,000.000 102.256
101.936
101.897 35,789.60
35,677.43 35,663.95 (13.48)ST
1,005.00
214.94
2.81
Interest Paid Quarterly Dec 14; Yield to Maturity 1.377%; Floater; Moody BAA1 S&P BBB+; Issued 09/18/13; Asset Class: FI & Pref
NORTHERN STATES POWER COMPANY
Coupon Rate 5.250%; Matures 10/01/2018; CUSIP 665789AV5
3/6/17 30,000.000 105.174
104.417
104.497 31,552.20
31,325.07 31,349.10 24.03 ST
1,575.00
262.50
5.02
Int. Semi-Annually Apr/Oct 01; Yield to Maturity 1.819%; Moody AA3 S&P A; Issued 10/02/03; Asset Class: FI & Pref
MARSH & MCLENNAN COS INC
Coupon Rate 2.550%; Matures 10/15/2018; CUSIP 571748AT9
2/1/17 30,000.000 101.097
100.890
101.049 30,329.10
30,267.04 30,314.70 47.66 ST
765.00
97.75
2.52
Int. Semi-Annually Apr/Oct 15; Callable $100.00 on 09/15/18; Yield to Call 1.723%; Moody BAA1 S&P A-; Issued 09/27/13; Asset Class: FI & Pref
BOSTON PROPERTIES LP
Coupon Rate 3.700%; Matures 11/15/2018; CUSIP 10112RAT1
2/7/17 25,000.000 102.908
102.401
102.347 25,727.00
25,600.34 25,586.75 (13.59)ST
925.00
41.11
3.61
Int. Semi-Annually May/Nov 15; Callable $100.00 on 08/15/18; Yield to Call 1.723%; Moody BAA2 S&P A-; Issued 11/10/11; Asset Class: FI & Pref
CITIGROUP INC
Coupon Rate 2.050%; Matures 12/07/2018; CUSIP 172967KE0
5/2/17 30,000.000 100.199
100.190
100.281 30,059.70
30,056.92 30,084.30 27.38 ST
615.00
297.24
2.04
Int. Semi-Annually Jun/Dec 07; Yield to Maturity 1.861%; Moody BAA1 S&P BBB+; Issued 12/07/15; Asset Class: FI & Pref
KEYCORP
Coupon Rate 2.300%; Matures 12/13/2018; CUSIP 49326EEE9
2/27/17 30,000.000 100.658
100.567
100.615 30,197.40
30,170.03 30,184.50 14.47 ST
690.00
322.00
2.28
Int. Semi-Annually Jun/Dec 13; Callable $100.00 on 11/13/18; Yield to Call 1.868%; Moody BAA1 S&P BBB+; Issued 11/13/13; Asset Class: FI & Pref
MARATHON PETROLEUM CORP
Coupon Rate 2.700%; Matures 12/14/2018; CUSIP 56585AAK8
5/25/17 20,000.000 101.087
101.075
101.079 20,217.40
20,215.09 20,215.80 0.71 ST
540.00
248.99
2.67
Int. Semi-Annually Jun/Dec 15; Yield to Maturity 1.983%; Moody BAA2 S&P BBB; Issued 12/14/15; Asset Class: FI & Pref
THERMO FISHER SCIENTIFIC INC
Coupon Rate 2.150%; Matures 12/14/2018; CUSIP 883556BL5
4/18/17 35,000.000 100.612
100.570
100.543 35,214.20
35,199.55 35,190.05 (9.50)ST
753.00
346.98
2.13
Int. Semi-Annually Jun/Dec 15; Yield to Maturity 1.790%; Moody BAA2 S&P BBB; Issued 12/09/15; Asset Class: FI & Pref
BANK OF AMERICA CORP
Coupon Rate 2.600%; Matures 01/15/2019; CUSIP 06051GEX3
2/24/17 35,000.000 101.371
101.188
100.949 35,479.85
35,415.90 35,332.15 (83.75)ST
910.00
343.77
2.57
Int. Semi-Annually Jan/Jul 15; Yield to Maturity 2.002%; Moody BAA1 S&P BBB+; Issued 10/22/13; Asset Class: FI & Pref
00
3
4
7
7
M
S
A
D
D
2
7
1
Account Detail
CLIENT STATEMENT For the Period May 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 10 of 26
Security Description Trade Date Face Value
Orig Unit Cost
Adj Unit Cost Unit Price
Orig Total Cost
Adj Total Cost Market Value
Unrealized
Gain/(Loss)
Est Ann Income
Accrued Interest
Current
Yield %
GOLDMAN SACHS GROUP INC
Coupon Rate 2.625%; Matures 01/31/2019; CUSIP 38145XAA1
2/1/17 30,000.000 101.102
100.927
101.154 30,330.60
30,278.16 30,346.20 68.04 ST
788.00
262.49
2.59
Int. Semi-Annually Jan/Jul 31; Yield to Maturity 1.917%; Moody A3 S&P BBB+; Issued 01/31/14; Asset Class: FI & Pref
ANHEUSER-BUSCH INBEV FIN
Coupon Rate 1.900%; Matures 02/01/2019; CUSIP 035242AG1
5/19/17 35,000.000 100.274
100.270
100.274 35,095.90
35,094.65 35,095.90 1.25 ST
665.00
221.66
1.89
Int. Semi-Annually Feb/Aug 01; Yield to Maturity 1.732%; Moody A3 S&P A-; Issued 01/25/16; Asset Class: FI & Pref
CONOCOPHILLIPS
Coupon Rate 5.750%; Matures 02/01/2019; CUSIP 20825CAR5
3/28/17 7,000.000 106.858
106.858
106.359 7,480.06
7,480.06 7,445.13 (34.93)ST
403.00
134.16
5.41
Int. Semi-Annually Feb/Aug 01; Yield to Maturity 1.856%; Moody BAA2 S&P A-; Issued 02/03/09; Asset Class: FI & Pref
MORGAN STANLEY
Coupon Rate 2.450%; Matures 02/01/2019; CUSIP 61746BDX1
2/3/17 30,000.000 100.834
100.703
100.758 30,250.20
30,210.79 30,227.40 16.61 ST
735.00
244.99
2.43
Int. Semi-Annually Feb/Aug 01; Yield to Maturity 1.985%; Moody A3 S&P BBB+; Issued 01/27/16; Asset Class: FI & Pref
SIMON PROPERTY GROUP LP
Coupon Rate 2.200%; Matures 02/01/2019; CUSIP 828807CQ8
2/3/17 25,000.000 100.879
100.740
100.658 25,219.75
25,185.07 25,164.50 (20.57)ST
550.00
183.33
2.18
Int. Semi-Annually Feb/Aug 01; Callable $100.00 on 11/01/18; Yield to Call 1.727%; Moody A2 S&P A; Issued 01/21/14; Asset Class: FI & Pref
UNION ELECTRIC CO
Coupon Rate 6.700%; Matures 02/01/2019; CUSIP 906548CG5
2/24/17 35,000.000 109.170
107.931
107.750 38,209.50
37,775.94 37,712.50 (63.44)ST
2,345.00
781.66
6.21
Int. Semi-Annually Feb/Aug 01; Yield to Maturity 1.949%; Moody A2 S&P A; Issued 06/19/08; Asset Class: FI & Pref
PROLOGIS LP
Coupon Rate 2.750%; Matures 02/15/2019; CUSIP 74340XAV3
2/2/17
3/7/17
30,000.000
25,000.000
101.628
101.374
101.395
101.233
101.303
101.303
30,488.40
30,412.34
25,348.75
25,308.19
30,390.90
25,325.75
(21.44)
17.56
ST
ST
Total 55,000.000 55,837.15
55,720.53 55,716.65 (3.88)ST
1,513.00
445.34
2.71
Int. Semi-Annually Feb/Aug 15; Callable $100.00 on 01/15/19; Yield to Call 1.930%; Moody A3 S&P A-; Issued 08/15/13; Asset Class: FI & Pref
PRINCETON UNIVERSITY
Coupon Rate 4.950%; Matures 03/01/2019; CUSIP 89837LAA3
3/24/17 50,000.000 106.229
105.669
105.567 53,114.50
52,834.29 52,783.50 (50.79)ST
2,475.00
618.75
4.68
Int. Semi-Annually Mar/Sep 01; Yield to Maturity 1.706%; Moody AAA S&P AAA; Issued 01/21/09; Asset Class: FI & Pref
ROCK-TENN COMPANY
Coupon Rate 4.450%; Matures 03/01/2019; CUSIP 772739AJ7
2/9/17 31,000.000 104.440
103.800
104.070 32,376.40
32,177.99 32,261.70 83.71 ST
1,380.00
344.87
4.27
Int. Semi-Annually Mar/Sep 01; Yield to Maturity 2.068%; Moody BAA2 S&P BBB (-); Issued 03/01/13; Asset Class: FI & Pref
MIDAMERICAN ENERGY CO
Coupon Rate 2.400%; Matures 03/15/2019; CUSIP 595620AJ4
2/1/17 25,000.000 101.072
100.910
101.242 25,268.00
25,227.61 25,310.50 82.89 ST
600.00
126.66
2.37
Int. Semi-Annually Mar/Sep 15; Callable $100.00 on 02/15/19; Yield to Call 1.658%; Moody AA2 S&P A+; Issued 09/19/13; Asset Class: FI & Pref
EATON CORP
Coupon Rate 6.950%; Matures 03/20/2019; CUSIP 278058DH2
3/3/17 40,000.000 109.728
108.628
108.640 43,891.20
43,451.37 43,456.00 4.63 ST
2,780.00
548.27
6.39
Int. Semi-Annually Mar/Sep 20; Yield to Maturity 2.042%; Moody BAA1 S&P A-; Issued 03/16/09; Asset Class: FI & Pref
Account Detail
CLIENT STATEMENT For the Period May 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 11 of 26
Security Description Trade Date Face Value
Orig Unit Cost
Adj Unit Cost Unit Price
Orig Total Cost
Adj Total Cost Market Value
Unrealized
Gain/(Loss)
Est Ann Income
Accrued Interest
Current
Yield %
CATERPILLAR FINL SERVICE
Coupon Rate 1.900%; Matures 03/22/2019; CUSIP 14912L6W6
3/20/17 60,000.000 99.940
99.940
100.320 59,964.00
59,964.00 60,192.00 228.00 ST
1,140.00
215.33
1.89
Int. Semi-Annually Mar/Sep 22; Callable $100.00 on 06/30/17; Yield to Call .005%; First Coupon 09/22/17; Moody A3 S&P A; Issued 03/23/17; Asset Class: FI & Pref
NORTHWESTERN CORP
Coupon Rate 6.340%; Matures 04/01/2019; CUSIP 668074AT4
4/24/17 30,000.000 108.302
107.889
107.697 32,490.60
32,366.73 32,309.10 (57.63)ST
1,902.00
317.00
5.88
Int. Semi-Annually Apr/Oct 01; Yield to Maturity 2.039%; Moody A2 S&P A-; Issued 03/26/09; Asset Class: FI & Pref
PORTLAND GENERAL ELECTRIC
Coupon Rate 6.100%; Matures 04/15/2019; CUSIP 736508BQ4
3/1/17 45,000.000 108.304
107.378
107.867 48,736.80
48,319.92 48,540.15 220.23 ST
2,745.00
350.75
5.65
Int. Semi-Annually Apr/Oct 15; Yield to Maturity 1.806%; Moody A1 S&P A-; Issued 04/16/09; Asset Class: FI & Pref
SUNTRUST BANKS INC
Coupon Rate 2.500%; Matures 05/01/2019; CUSIP 867914BG7
2/24/17 40,000.000 101.163
101.029
101.090 40,465.20
40,411.75 40,436.00 24.25 ST
1,000.00
83.33
2.47
Int. Semi-Annually May/Nov 01; Callable $100.00 on 04/01/19; Yield to Call 1.892%; Moody BAA1 S&P BBB+; Issued 05/01/14; Asset Class: FI & Pref
PEPSICO INC
Coupon Rate 1.550%; Matures 05/02/2019; CUSIP 713448DR6
4/27/17 30,000.000 99.925
99.925
100.070 29,977.50
29,977.50 30,021.00 43.50 ST
465.00
37.45
1.54
Int. Semi-Annually May/Nov 02; Yield to Maturity 1.513%; First Coupon 11/02/17; Moody A1 S&P A+; Issued 05/02/17; Asset Class: FI & Pref
AMERICAN EXPRESS CREDIT
Coupon Rate 1.875%; Matures 05/03/2019; CUSIP 0258M0EK1
4/27/17 20,000.000 99.959
99.959
100.082 19,991.80
19,991.80 20,016.40 24.60 ST
375.00
29.16
1.87
Int. Semi-Annually May/Nov 03; Callable $100.00 on 04/03/19; Yield to Call 1.829%; First Coupon 11/03/17; Moody A2 S&P A-; Issued 05/03/17; Asset Class: FI & Pref
BANK OF NEW YORK MELLON
Coupon Rate 5.450%; Matures 05/15/2019; CUSIP 06406HBM0
5/16/17 35,000.000 107.017
106.891
106.892 37,455.95
37,411.97 37,412.20 0.23 ST
1,908.00
84.77
5.09
Int. Semi-Annually May/Nov 15; Yield to Maturity 1.845%; Moody A1 S&P A; Issued 05/12/09; Asset Class: FI & Pref
DARTMOUTH COLLEGE
Coupon Rate 4.750%; Matures 06/01/2019; CUSIP 89837RAA0
5/23/17 50,000.000 105.764
105.725
105.870 52,882.00
52,862.40 52,935.00 72.60 ST
2,375.00
1,187.50
4.48
Int. Semi-Annually Jun/Dec 01; Yield to Maturity 1.751%; Moody AA1 S&P AA+; Issued 06/10/09; Asset Class: FI & Pref
PUBLIC SERVICE COLORADO
Coupon Rate 5.125%; Matures 06/01/2019; CUSIP 744448CC3
2/1/17 41,000.000 107.210
106.235
106.140 43,956.10
43,556.16 43,517.40 (38.76)ST
2,101.00
1,050.62
4.82
Int. Semi-Annually Jun/Dec 01; Yield to Maturity 1.979%; Moody A1 S&P A; Issued 06/04/09; Asset Class: FI & Pref
CITIGROUP INC
Coupon Rate 2.050%; Matures 06/07/2019; CUSIP 172967KS9
5/2/17 30,000.000 100.060
100.058
100.056 30,018.00
30,017.37 30,016.80 (0.57)ST
615.00
297.24
2.04
Int. Semi-Annually Jun/Dec 07; Yield to Maturity 2.021%; Moody BAA1 S&P BBB+; Issued 06/09/16; Asset Class: FI & Pref
NORFOLK SOUTHERN CORP
Coupon Rate 5.900%; Matures 06/15/2019; CUSIP 655844BC1
2/1/17 41,000.000 108.734
107.564
107.942 44,580.94
44,101.17 44,256.22 155.05 ST
2,419.00
1,115.42
5.46
Int. Semi-Annually Jun/Dec 15; Yield to Maturity 1.909%; Moody BAA1 S&P BBB+; Issued 06/01/09; Asset Class: FI & Pref
MAGELLAN MIDSTREAM PARTNERS LP
Coupon Rate 6.550%; Matures 07/15/2019; CUSIP 559080AE6
4/18/17 35,000.000 109.630
109.148
109.084 38,370.50
38,201.79 38,179.40 (22.39)ST
2,293.00
866.05
6.00
Int. Semi-Annually Jan/Jul 15; Yield to Maturity 2.147%; Moody BAA1 S&P BBB+; Issued 06/26/09; Asset Class: FI & Pref
00
3
4
7
7
M
S
A
D
D
2
7
1
Account Detail
CLIENT STATEMENT For the Period May 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 12 of 26
Security Description Trade Date Face Value
Orig Unit Cost
Adj Unit Cost Unit Price
Orig Total Cost
Adj Total Cost Market Value
Unrealized
Gain/(Loss)
Est Ann Income
Accrued Interest
Current
Yield %
ROCKWELL COLLINS INC
Coupon Rate 1.950%; Matures 07/15/2019; CUSIP 774341AG6
3/28/17 10,000.000 99.904
99.904
100.249 9,990.40
9,990.40 10,024.90 34.50 ST
195.00
27.62
1.94
Int. Semi-Annually Jan/Jul 15; Yield to Maturity 1.829%; First Coupon 07/15/17; Moody BAA2 S&P BBB; Issued 04/10/17; Asset Class: FI & Pref
TOYOTA MOTOR CREDIT CORP
Coupon Rate 2.125%; Matures 07/18/2019; CUSIP 89236TBP9
5/4/17 50,000.000 100.681
100.661
100.824 50,340.50
50,330.73 50,412.00 81.27 ST
1,063.00
392.53
2.10
Int. Semi-Annually Jan/Jul 18; Yield to Maturity 1.729%; Moody AA3 S&P AA-; Issued 07/18/14; Asset Class: FI & Pref
AMERICAN EXPRESS CREDIT
Coupon Rate 2.250%; Matures 08/15/2019; CUSIP 0258M0DP1
2/27/17 35,000.000 100.928
100.835
100.685 35,324.80
35,292.30 35,239.75 (52.55)ST
788.00
231.87
2.23
Int. Semi-Annually Feb/Aug 15; Yield to Maturity 1.931%; Moody A2 S&P A-; Issued 08/15/14; Asset Class: FI & Pref
PUBLIC SERVICE ELECTRIC
Coupon Rate 2.000%; Matures 08/15/2019; CUSIP 74456QBJ4
3/20/17 35,000.000 99.971
99.971
100.147 34,989.85
34,989.85 35,051.45 61.60 ST
700.00
206.11
1.99
Int. Semi-Annually Feb/Aug 15; Callable $100.00 on 07/15/19; Yield to Call 1.929%; Moody AA3 S&P A; Issued 08/12/14; Asset Class: FI & Pref
BOSTON PROPERTIES INC
Coupon Rate 5.875%; Matures 10/15/2019; CUSIP 10112RAQ7
2/3/17 30,000.000 108.859
107.841
107.715 32,657.70
32,352.17 32,314.50 (37.67)ST
1,763.00
225.20
5.45
Int. Semi-Annually Apr/Oct 15; Callable $100.00 on 07/15/19; Yield to Call 2.136%; Moody BAA2 S&P A-; Issued 10/09/09; Asset Class: FI & Pref
JPMORGAN CHASE & CO
Coupon Rate 2.250%; Matures 01/23/2020; CUSIP 46625HKA7
3/14/17 25,000.000 99.798
99.798
100.445 24,949.50
24,949.50 25,111.25 161.75 ST
563.00
200.00
2.24
Int. Semi-Annually Jan/Jul 23; Callable $100.00 on 12/23/19; Yield to Call 2.070%; Moody A3 S&P A-; Issued 01/23/15; Asset Class: FI & Pref
MORGAN STANLEY
Coupon Rate 2.650%; Matures 01/27/2020; CUSIP 61747YDW2
2/6/17 34,000.000 101.003
100.900
101.289 34,341.02
34,305.95 34,438.26 132.31 ST
901.00
310.34
2.61
Int. Semi-Annually Jan/Jul 27; Yield to Maturity 2.147%; Moody A3 S&P BBB+; Issued 01/27/15; Asset Class: FI & Pref
SUNTRUST BANKS INC
Coupon Rate 2.250%; Matures 01/31/2020; CUSIP 86787EAR8
4/12/17 20,000.000 100.546
100.523
100.684 20,109.20
20,104.62 20,136.80 32.18 ST
450.00
149.99
2.23
Int. Semi-Annually Jan/Jul 31; Callable $100.00 on 12/31/19; Yield to Call 1.977%; First Coupon 07/31/17; Moody BAA1 S&P A-; Issued 02/01/17; Asset Class: FI & Pref
APPLE INC
Coupon Rate 1.900%; Matures 02/07/2020; CUSIP 037833CK4
2/2/17 60,000.000 99.951
99.951
100.580 59,970.60
59,970.60 60,348.00 377.40 ST
1,140.00
354.66
1.88
Int. Semi-Annually Feb/Aug 07; Yield to Maturity 1.678%; First Coupon 08/07/17; Moody AA1 S&P AA+; Issued 02/09/17; Asset Class: FI & Pref
PNC FUNDING CORP
Coupon Rate 5.125%; Matures 02/08/2020; CUSIP 693476BJ1
2/24/17 30,000.000 108.679
107.950
108.021 32,603.70
32,385.13 32,406.30 21.17 ST
1,538.00
482.60
4.74
Int. Semi-Annually Feb/Aug 08; Yield to Maturity 2.040%; Moody A3 S&P A-; Issued 02/08/10; Asset Class: FI & Pref
AMERICAN HONDA FINANCE
Coupon Rate 2.000%; Matures 02/14/2020; CUSIP 02665WBM2
2/13/17 55,000.000 99.858
99.858
100.408 54,921.90
54,921.90 55,224.40 302.50 ST
1,100.00
320.83
1.99
Int. Semi-Annually Feb/Aug 14; Yield to Maturity 1.844%; First Coupon 08/14/17; Moody A1 S&P A+; Issued 02/16/17; Asset Class: FI & Pref
NOVARTIS CAPITAL CORP
Coupon Rate 1.800%; Matures 02/14/2020; CUSIP 66989HAL2
2/14/17 50,000.000 99.609
99.609
100.274 49,804.50
49,804.50 50,137.00 332.50 ST
900.00
260.00
1.79
Int. Semi-Annually Feb/Aug 14; Yield to Maturity 1.696%; First Coupon 08/14/17; Moody AA3 S&P AA-; Issued 02/17/17; Asset Class: FI & Pref
Account Detail
CLIENT STATEMENT For the Period May 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 13 of 26
Security Description Trade Date Face Value
Orig Unit Cost
Adj Unit Cost Unit Price
Orig Total Cost
Adj Total Cost Market Value
Unrealized
Gain/(Loss)
Est Ann Income
Accrued Interest
Current
Yield %
CITIGROUP INC
Coupon Rate 2.400%; Matures 02/18/2020; CUSIP 172967JJ1
5/16/17 30,000.000 100.545
100.538
100.440 30,163.50
30,161.40 30,132.00 (29.40)ST
720.00
205.99
2.38
Int. Semi-Annually Feb/Aug 18; Yield to Maturity 2.231%; Moody BAA1 S&P BBB+; Issued 02/18/15; Asset Class: FI & Pref
PACCAR FINANCIAL CORP
Coupon Rate 1.950%; Matures 02/27/2020; CUSIP 69371RN69
2/22/17 50,000.000 99.820
99.820
100.378 49,910.00
49,910.00 50,189.00 279.00 ST
975.00
254.58
1.94
Int. Semi-Annually Feb/Aug 27; Yield to Maturity 1.808%; First Coupon 08/27/17; Moody A1 S&P A+; Issued 02/27/17; Asset Class: FI & Pref
ROCKWELL AUTOMATION INC
Coupon Rate 2.050%; Matures 03/01/2020; CUSIP 773903AF6
2/3/17
3/3/17
33,000.000
22,000.000
99.813
99.813
99.492
99.492
100.213
100.213
32,938.29
32,938.29
21,888.24
21,888.24
33,070.29
22,046.86
132.00
158.62
ST
ST
Total 55,000.000 54,826.53
54,826.53 55,117.15 290.62 ST
1,128.00
281.87
2.04
Int. Semi-Annually Mar/Sep 01; Callable $100.00 on 02/01/20; Yield to Call 1.967%; Moody A3 S&P A; Issued 02/17/15; Asset Class: FI & Pref
AMERICAN EXPRESS CREDIT
Coupon Rate 2.200%; Matures 03/03/2020; CUSIP 0258M0EE5
2/28/17 20,000.000 99.896
99.896
100.713 19,979.20
19,979.20 20,142.60 163.40 ST
440.00
107.55
2.18
Int. Semi-Annually Mar/Sep 03; Callable $100.00 on 02/01/20; Yield to Call 1.924%; First Coupon 09/03/17; Moody A2 S&P A-; Issued 03/03/17; Asset Class: FI & Pref
THE WALT DISNEY COMPANY
Coupon Rate 1.950%; Matures 03/04/2020; CUSIP 25468PDP8
3/1/17 40,000.000 99.974
99.974
100.555 39,989.60
39,989.60 40,222.00 232.40 ST
780.00
184.16
1.93
Int. Semi-Annually Mar/Sep 04; Yield to Maturity 1.743%; First Coupon 09/04/17; Moody A2 S&P A+; Issued 03/06/17; Asset Class: FI & Pref
GREAT PLAINS ENERGY INC
Coupon Rate 2.500%; Matures 03/09/2020; CUSIP 391164AG5
3/6/17 55,000.000 99.922
99.922
101.007 54,957.10
54,957.10 55,553.85 596.75 ST
1,375.00
313.19
2.47
Int. Semi-Annually Mar/Sep 09; Yield to Maturity 2.123%; First Coupon 09/09/17; Moody BAA3 S&P BBB; Issued 03/09/17; Asset Class: FI & Pref
JOHN DEERE CAPITAL CORP
Coupon Rate 2.200%; Matures 03/13/2020; CUSIP 24422ETQ2
3/10/17 55,000.000 99.922
99.922
100.995 54,957.10
54,957.10 55,547.25 590.15 ST
1,210.00
255.44
2.17
Int. Semi-Annually Mar/Sep 13; Yield to Maturity 1.831%; First Coupon 09/13/17; Moody A2 S&P A; Issued 03/15/17; Asset Class: FI & Pref
GOLDMAN SACHS GROUP INC
Coupon Rate 5.375%; Matures 03/15/2020; CUSIP 38141EA58
2/1/17 30,000.000 108.466
107.615
108.308 32,539.80
32,284.64 32,492.40 207.76 ST
1,613.00
340.41
4.96
Int. Semi-Annually Mar/Sep 15; Yield to Maturity 2.282%; Moody A3 S&P BBB+; Issued 03/08/10; Asset Class: FI & Pref
JP MORGAN CHASE
Coupon Rate 4.950%; Matures 03/25/2020; CUSIP 46625HHQ6
2/23/17 30,000.000 108.274
107.590
107.688 32,482.20
32,276.98 32,306.40 29.42 ST
1,485.00
272.24
4.59
Int. Semi-Annually Mar/Sep 25; Yield to Maturity 2.123%; Moody A3 S&P A-; Issued 03/25/10; Asset Class: FI & Pref
AMPHENOL CORP
Coupon Rate 2.200%; Matures 04/01/2020; CUSIP 032095AF8
3/29/17 40,000.000 99.922
99.922
100.460 39,968.80
39,968.80 40,184.00 215.20 ST
880.00
136.88
2.18
Int. Semi-Annually Apr/Oct 01; Yield to Maturity 2.032%; First Coupon 10/01/17; Moody BAA1 S&P BBB+; Issued 04/05/17; Asset Class: FI & Pref
CONSUMERS ENERGY CO
Coupon Rate 5.650%; Matures 04/15/2020; CUSIP 210518CL8
2/1/17 53,000.000 109.873
108.907
110.408 58,232.69
57,720.50 58,516.24 795.74 ST
2,995.00
382.63
5.11
Int. Semi-Annually Apr/Oct 15; Yield to Maturity 1.908%; Moody AA3 S&P A; Issued 03/24/05; Asset Class: FI & Pref
00
3
4
7
7
M
S
A
D
D
2
7
1
Account Detail
CLIENT STATEMENT For the Period May 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 14 of 26
Security Description Trade Date Face Value
Orig Unit Cost
Adj Unit Cost Unit Price
Orig Total Cost
Adj Total Cost Market Value
Unrealized
Gain/(Loss)
Est Ann Income
Accrued Interest
Current
Yield %
BANK OF AMERICA CORP
Coupon Rate 2.250%; Matures 04/21/2020; CUSIP 06051GFN4
5/2/17 30,000.000 99.991
99.991
100.030 29,997.30
29,997.30 30,009.00 11.70 ST
675.00
74.99
2.24
Int. Semi-Annually Apr/Oct 21; Yield to Maturity 2.239%; Moody BAA1 S&P BBB+; Issued 04/21/15; Asset Class: FI & Pref
UNITED TECHNOLOGIES CORP
Coupon Rate 1.900%; Matures 05/04/2020; CUSIP 913017CM9
5/1/17 30,000.000 99.951
99.951
100.250 29,985.30
29,985.30 30,075.00 89.70 ST
570.00
42.75
1.89
Int. Semi-Annually May/Nov 04; Yield to Maturity 1.812%; First Coupon 11/04/17; Moody A3 S&P A-; Issued 05/04/17; Asset Class: FI & Pref
CONOCOPHILLIPS COMPANY
Coupon Rate 2.200%; Matures 05/15/2020; CUSIP 20826FAJ5
5/19/17 40,000.000 100.571
100.567
100.663 40,228.40
40,226.74 40,265.20 38.46 ST
880.00
39.11
2.18
Int. Semi-Annually May/Nov 15; Callable $100.00 on 04/15/20; Yield to Call 1.961%; Moody BAA2 S&P A-; Issued 05/18/15; Asset Class: FI & Pref
SHERWIN-WILLIAMS CO
Coupon Rate 2.250%; Matures 05/15/2020; CUSIP 824348AT3
5/2/17 30,000.000 99.997
99.997
100.404 29,999.10
29,999.10 30,121.20 122.10 ST
675.00
28.12
2.24
Int. Semi-Annually May/Nov 15; Yield to Maturity 2.108%; First Coupon 11/15/17; Moody BAA3 S&P BBB; Issued 05/16/17; Asset Class: FI & Pref
MCDONALD'S CORP
Coupon Rate 2.200%; Matures 05/26/2020; CUSIP 58013MET7
3/6/17 50,000.000 100.053
100.049
100.839 50,026.50
50,024.66 50,419.50 394.84 ST
1,100.00
15.27
2.18
Int. Semi-Annually May/Nov 26; Callable $100.00 on 04/26/20; Yield to Call 1.901%; Moody BAA1 S&P BBB+; Issued 05/26/15; Asset Class: FI & Pref
DUKE ENERGY CAROLINAS LLC
Coupon Rate 4.300%; Matures 06/15/2020; CUSIP 26442CAJ3
4/18/17 30,000.000 107.299
107.042
107.154 32,189.70
32,112.51 32,146.20 33.69 ST
1,290.00
594.83
4.01
Int. Semi-Annually Jun/Dec 15; Yield to Maturity 1.867%; Moody AA2 S&P A; Issued 06/07/10; Asset Class: FI & Pref
MORGAN STANLEY
Coupon Rate 2.800%; Matures 06/16/2020; CUSIP 61761JB32
3/21/17 30,000.000 101.323
101.248
101.718 30,396.90
30,374.42 30,515.40 140.98 ST
840.00
384.99
2.75
Int. Semi-Annually Jun/Dec 16; Yield to Maturity 2.213%; Moody A3 S&P BBB+; Issued 06/16/15; Asset Class: FI & Pref
BANK OF AMERICA CORP
Coupon Rate 5.625%; Matures 07/01/2020; CUSIP 06051GEC9
3/7/17 30,000.000 109.939
109.278
109.617 32,981.70
32,783.49 32,885.10 101.61 ST
1,688.00
703.12
5.13
Int. Semi-Annually Jan/Jul 01; Yield to Maturity 2.371%; Moody BAA1 S&P BBB+; Issued 06/22/10; Asset Class: FI & Pref
ERP OPERATING-LP
Coupon Rate 4.750%; Matures 07/15/2020; CUSIP 26884AAY9
2/1/17
3/28/17
30,000.000
20,000.000
107.259
106.605
106.929
106.585
107.062
107.062
32,177.70
31,981.35
21,385.80
21,316.92
32,118.60
21,412.40
137.25
95.48
ST
ST
Total 50,000.000 53,563.50
53,298.27 53,531.00 232.73 ST
2,375.00
1,095.13
4.43
Int. Semi-Annually Jun/Dec 15; Callable $100.00 on 04/15/20; Yield to Call 2.198%; Moody BAA1 S&P A-; Issued 07/15/10; Asset Class: FI & Pref
COMMONWEALTH EDISON COMPANY
Coupon Rate 4.000%; Matures 08/01/2020; CUSIP 202795HV5
2/16/17 50,000.000 105.233
104.825
105.673 52,616.50
52,412.70 52,836.50 423.80 ST
2,000.00
666.66
3.78
Int. Semi-Annually Feb/Aug 01; Callable $100.00 on 05/01/20; Yield to Call 1.988%; Moody A2 S&P A-; Issued 08/02/10; Asset Class: FI & Pref
Account Detail
CLIENT STATEMENT For the Period May 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 15 of 26
Security Description Trade Date Face Value
Orig Unit Cost
Adj Unit Cost Unit Price
Orig Total Cost
Adj Total Cost Market Value
Unrealized
Gain/(Loss)
Est Ann Income
Accrued Interest
Current
Yield %
PNC FUNDING CORP.
Coupon Rate 4.375%; Matures 08/11/2020; CUSIP 693476BL6
3/28/17
5/15/17
30,000.000
20,000.000
106.442
106.128
106.912
106.831
107.054
107.054
31,932.60
31,838.44
21,382.40
21,366.24
32,116.20
21,410.80
277.76
44.56
ST
ST
Total 50,000.000 53,315.00
53,204.68 53,527.00 322.32 ST
2,188.00
668.40
4.08
Int. Semi-Annually Feb/Aug 11; Yield to Maturity 2.080%; Moody A3 S&P A-; Issued 08/11/10; Asset Class: FI & Pref
BANK OF NY MELLON CORP
Coupon Rate 2.600%; Matures 08/17/2020; CUSIP 06406HDD8
5/30/17 30,000.000 101.733
101.733
101.637 30,519.90
30,519.90 30,491.10 (28.80)ST
780.00
225.33
2.55
Int. Semi-Annually Feb/Aug 17; Callable $100.00 on 07/17/20; Yield to Call 2.056%; Moody A1 S&P A; Issued 08/17/15; Asset Class: FI & Pref
GILEAD SCIENCES INC
Coupon Rate 2.550%; Matures 09/01/2020; CUSIP 375558BB8
2/28/17 40,000.000 100.885
100.825
101.610 40,354.00
40,329.80 40,644.00 314.20 ST
1,020.00
255.00
2.50
Int. Semi-Annually Mar/Sep 01; Yield to Maturity 2.035%; Moody A3 S&P A; Issued 09/14/15; Asset Class: FI & Pref
VERIZON COMMUNICATIONS
Coupon Rate 4.500%; Matures 09/15/2020; CUSIP 92343VBQ6
5/5/17 20,000.000 106.799
106.679
107.194 21,359.80
21,335.81 21,438.80 102.99 ST
900.00
189.99
4.19
Int. Semi-Annually Mar/Sep 15; Yield to Maturity 2.219%; Moody BAA1 S&P BBB+; Issued 09/18/13; Asset Class: FI & Pref
AVALONBAY COMMUNITIES IN
Coupon Rate 3.625%; Matures 10/01/2020; CUSIP 05348EAS8
2/8/17
5/1/17
30,000.000
20,000.000
104.286
103.941
103.947
103.860
104.106
104.106
31,285.80
31,182.43
20,789.40
20,772.01
31,231.80
20,821.20
49.37
49.19
ST
ST
Total 50,000.000 52,075.20
51,954.44 52,053.00 98.56 ST
1,813.00
302.08
3.48
Int. Semi-Annually Apr/Oct 01; Callable $100.00 on 07/01/20; Yield to Call 2.239%; Moody A3 S&P A-; Issued 09/20/13; Asset Class: FI & Pref
KENTUCKY UTILITIES COMPANY
Coupon Rate 3.250%; Matures 11/01/2020; CUSIP 491674BE6
2/17/17 55,000.000 103.537
103.282
103.151 56,945.35
56,805.28 56,733.05 (72.23)ST
1,788.00
148.95
3.15
Int. Semi-Annually May/Nov 01; Callable $100.00 on 08/01/20; Yield to Call 2.214%; Moody A1 S&P A; Issued 05/01/11; Asset Class: FI & Pref
OVERSEAS PRIVATE INV COR
Zero Coupon; Matures 11/13/2020; CUSIP 690353U70
4/19/17 175,000.000 100.000
100.000
100.430 175,000.00
175,000.00 175,752.50 752.50 ST
——
Issued 04/26/17; Asset Class: FI & Pref
EMERSON ELECTRIC CO.
Coupon Rate 4.250%; Matures 11/15/2020; CUSIP 291011BC7
2/28/17 50,000.000 107.159
106.697
107.775 53,579.50
53,348.56 53,887.50 538.94 ST
2,125.00
94.44
3.94
Int. Semi-Annually May/Nov 15; Yield to Maturity 1.914%; Moody A2 S&P A; Issued 11/16/09; Asset Class: FI & Pref
LOCKHEED MARTIN CORP
Coupon Rate 2.500%; Matures 11/23/2020; CUSIP 539830BF5
2/3/17 15,000.000 100.930
100.855
101.631 15,139.50
15,128.27 15,244.65 116.38 ST
375.00
8.33
2.45
Int. Semi-Annually May/Nov 23; Callable $100.00 on 10/23/20; Yield to Call 2.000%; Moody BAA1 S&P BBB+; Issued 11/23/15; Asset Class: FI & Pref
MARATHON PETROLEUM CORP
Coupon Rate 3.400%; Matures 12/15/2020; CUSIP 56585AAL6
4/17/17 35,000.000 103.157
103.060
103.361 36,104.95
36,071.03 36,176.35 105.32 ST
1,190.00
548.72
3.28
00
3
4
7
7
M
S
A
D
D
2
7
1
Account Detail
CLIENT STATEMENT For the Period May 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 16 of 26
Security Description Trade Date Face Value
Orig Unit Cost
Adj Unit Cost Unit Price
Orig Total Cost
Adj Total Cost Market Value
Unrealized
Gain/(Loss)
Est Ann Income
Accrued Interest
Current
Yield %
Int. Semi-Annually Jun/Dec 15; Callable $100.00 on 11/15/20; Yield to Call 2.381%; Moody BAA2 S&P BBB; Issued 12/14/15; Asset Class: FI & Pref
UNION PACIFIC CORP
Coupon Rate 4.000%; Matures 02/01/2021; CUSIP 907818DG0
2/1/17 30,000.000 106.011
105.545
106.674 31,803.30
31,663.54 32,002.20 338.66 ST
1,200.00
399.99
3.74
Int. Semi-Annually Feb/Aug 01; Callable $100.00 on 11/01/20; Yield to Call 1.970%; Moody A3 S&P A; Issued 08/02/10; Asset Class: FI & Pref
ENTERGY ARKANSAS, INC.
Coupon Rate 3.750%; Matures 02/15/2021; CUSIP 29364DAQ3
2/1/17
3/1/17
30,000.000
20,000.000
104.961
104.580
104.776
104.499
105.091
105.091
31,488.30
31,374.14
20,955.20
20,899.73
31,527.30
21,018.20
153.16
118.47
ST
ST
Total 50,000.000 52,443.50
52,273.87 52,545.50 271.63 ST
1,875.00
552.08
3.56
Int. Semi-Annually Feb/Aug 15; Callable $100.00 on 11/15/20; Yield to Call 2.211%; Moody A2 S&P A; Issued 11/12/10; Asset Class: FI & Pref
JPMORGAN CHASE & CO
Coupon Rate 1.656%; Matures 03/09/2021; CUSIP 46647PAC0
3/2/17 40,000.000 100.000
100.000
99.752 40,000.00
40,000.00 39,900.80 (99.20)ST
662.00
150.89
1.65
Interest Paid Quarterly Jun 09; Yield to Maturity 1.724%; First Coupon 06/09/17; Floater; Moody A3 S&P A-; Issued 03/09/17; Asset Class: FI & Pref
CITIGROUP INC
Coupon Rate 2.700%; Matures 03/30/2021; CUSIP 172967KK6
5/16/17 30,000.000 100.657
100.651
100.796 30,197.10
30,195.33 30,238.80 43.47 ST
810.00
135.00
2.67
Int. Semi-Annually Mar/Sep 30; Yield to Maturity 2.480%; Moody BAA1 S&P BBB+; Issued 03/30/16; Asset Class: FI & Pref
KIMCO REALTY CORP
Coupon Rate 3.200%; Matures 05/01/2021; CUSIP 49446RAL3
2/17/17 30,000.000 102.012
101.886
102.084 30,603.60
30,565.85 30,625.20 59.35 ST
960.00
79.99
3.13
Int. Semi-Annually May/Nov 01; Callable $100.00 on 03/01/21; Yield to Call 2.612%; Moody BAA1 S&P BBB+; Issued 04/24/14; Asset Class: FI & Pref
CENTERPOINT ENERGY HOUSTON ELE MTG BD
Coupon Rate 1.850%; Matures 06/01/2021; CUSIP 15189XAP3
5/3/17 50,000.000 98.516
98.516
99.144 49,258.00
49,258.00 49,572.00 314.00 ST
925.00
462.50
1.86
Int. Semi-Annually Jun/Dec 01; Callable $100.00 on 05/01/21; Yield to Maturity 2.074%; Moody A1 S&P A; Issued 05/18/16; Asset Class: FI & Pref
EQUIFAX INC
Coupon Rate 2.300%; Matures 06/01/2021; CUSIP 294429AK1
2/28/17 35,000.000 98.712
98.712
99.512 34,549.20
34,549.20 34,829.20 280.00 ST
805.00
402.50
2.31
Int. Semi-Annually Jun/Dec 01; Callable $100.00 on 05/01/21; Yield to Maturity 2.429%; Moody BAA1 S&P BBB+; Issued 05/12/16; Asset Class: FI & Pref
JPMORGAN CHASE & CO
Coupon Rate 2.400%; Matures 06/07/2021; CUSIP 46625HRT9
2/23/17 30,000.000 99.563
99.563
100.164 29,868.90
29,868.90 30,049.20 180.30 ST
720.00
347.99
2.39
Int. Semi-Annually Jun/Dec 07; Callable $100.00 on 05/07/21; Yield to Call 2.356%; Moody A3 S&P A-; Issued 06/07/16; Asset Class: FI & Pref
FISERV, INC.
Coupon Rate 4.750%; Matures 06/15/2021; CUSIP 337738AL2
2/2/17 30,000.000 108.051
107.492
108.558 32,415.30
32,247.45 32,567.40 319.95 ST
1,425.00
657.08
4.37
Int. Semi-Annually Jun/Dec 15; Yield to Maturity 2.508%; Moody BAA2 S&P BBB; Issued 06/14/11; Asset Class: FI & Pref
MCCORMICK & CO
Coupon Rate 3.900%; Matures 07/15/2021; CUSIP 579780AH0
3/3/17 35,000.000 105.351
105.078
106.264 36,872.85
36,777.38 37,192.40 415.02 ST
1,365.00
515.66
3.67
Int. Semi-Annually Jan/Jul 15; Callable $100.00 on 04/15/21; Yield to Call 2.203%; Moody A2 S&P A-; Issued 07/08/11; Asset Class: FI & Pref
SIMON PROPERTY GROUP LP
Coupon Rate 2.500%; Matures 07/15/2021; CUSIP 828807CX3
2/2/17 30,000.000 100.068
100.063
100.559 30,020.40
30,019.00 30,167.70 148.70 ST
750.00
283.33
2.48
Account Detail
CLIENT STATEMENT For the Period May 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 17 of 26
Security Description Trade Date Face Value
Orig Unit Cost
Adj Unit Cost Unit Price
Orig Total Cost
Adj Total Cost Market Value
Unrealized
Gain/(Loss)
Est Ann Income
Accrued Interest
Current
Yield %
Int. Semi-Annually Jan/Jul 15; Callable $100.00 on 04/15/21; Yield to Call 2.348%; Moody A2 S&P A; Issued 01/13/16; Asset Class: FI & Pref
GOLDMAN SACHS GROUP INC
Coupon Rate 5.250%; Matures 07/27/2021; CUSIP 38141GGQ1
2/1/17 30,000.000 109.622
108.969
110.373 32,886.60
32,690.61 33,111.90 421.29 ST
1,575.00
542.49
4.75
Int. Semi-Annually Jan/Jul 27; Yield to Maturity 2.600%; Moody A3 S&P BBB+; Issued 07/27/11; Asset Class: FI & Pref
BURLINGTN NORTH SANTA FE
Coupon Rate 3.450%; Matures 09/15/2021; CUSIP 12189LAF8
2/15/17 60,000.000 103.853
103.628
104.993 62,311.80
62,176.82 62,995.80 818.98 ST
2,070.00
436.99
3.28
Int. Semi-Annually Mar/Sep 15; Callable $100.00 on 06/15/21; Yield to Call 2.153%; Moody A3 S&P A; Issued 08/22/11; Asset Class: FI & Pref
LOCKHEED MARTIN CORP
Coupon Rate 3.350%; Matures 09/15/2021; CUSIP 539830AY5
2/2/17 35,000.000 103.339
103.119
104.637 36,168.65
36,091.65 36,622.95 531.30 ST
1,173.00
247.52
3.20
Int. Semi-Annually Mar/Sep 15; Yield to Maturity 2.210%; Moody BAA1 S&P BBB+; Issued 09/09/11; Asset Class: FI & Pref
NORFOLK SOUTHERN CORP
Coupon Rate 3.250%; Matures 12/01/2021; CUSIP 655844BG2
3/14/17 20,000.000 101.767
101.694
103.830 20,353.40
20,338.87 20,766.00 427.13 ST
650.00
325.00
3.13
Int. Semi-Annually Jun/Dec 01; Callable $100.00 on 09/01/21; Yield to Call 2.298%; Moody BAA1 S&P BBB+; Issued 11/17/11; Asset Class: FI & Pref
PREMIER AIRCRAFT LEASING EXIM
Coupon Rate 3.547%; Matures 04/10/2022; CUSIP 74046BAB2
3/28/17 150,000.000 103.428
103.428
103.259 68,592.52
64,967.42 64,861.26 (106.16)ST
2,228.00
315.63
3.43
Interest Paid Quarterly Jul 10; Yield to Maturity 2.824%; Factor .41876102; Issued 04/29/10; Current Face 62,814.153; Asset Class: FI & Pref
SAFINA LTD
Coupon Rate 2.000%; Matures 12/30/2023; CUSIP 78657AAB5
1/31/17 200,000.000 99.000
99.000
99.437 126,014.55
121,808.51 122,346.19 537.68 ST
2,461.00
410.12
2.01
Interest Paid Quarterly Sep 30; Yield to Maturity 2.092%; Factor .61519450; Issued 06/25/12; Current Face 123,038.900; Asset Class: FI & Pref
Percentage
of Holdings Face Value
Orig Total Cost
Adj Total Cost Market Value
Unrealized
Gain/(Loss)
Est Ann Income
Accrued Interest
Current
Yield %
CORPORATE FIXED INCOME 4,904,000.000 $4,868,246.90
$4,848,111.78 $4,863,599.39 $15,487.61 ST
$147,462.00
$38,849.77
3.03%
TOTAL CORPORATE FIXED INCOME
(includes accrued interest)
30.28%$4,902,449.16
Watchlist and CreditWatch Indicators: (*) = developing/uncertain (+) = On Watchlist/CreditWatch Upgrade (-) = On Watchlist/CreditWatch Downgrade
GOVERNMENT SECURITIES
TREASURY SECURITIES
Security Description Trade Date Face Value
Orig Unit Cost
Adj Unit Cost Unit Price
Orig Total Cost
Adj Total Cost Market Value
Unrealized
Gain/(Loss)
Est Ann Income
Accrued Interest
Current
Yield %
UNITED STATES TREASURY NOTE
Coupon Rate 1.000%; Matures 02/15/2018; CUSIP 912828H94
1/31/17 2,340,000.000 $100.129
$100.062
$99.859 $2,343,024.25
$2,341,442.13 $2,336,700.60 $(4,741.53)ST
$23,400.00
$6,787.29
1.00
Int. Semi-Annually Feb/Aug 15; Yield to Maturity 1.201%; Moody AAA; Issued 02/15/15; Asset Class: FI & Pref
00
3
4
7
7
M
S
A
D
D
2
7
1
Account Detail
CLIENT STATEMENT For the Period May 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 18 of 26
Security Description Trade Date Face Value
Orig Unit Cost
Adj Unit Cost Unit Price
Orig Total Cost
Adj Total Cost Market Value
Unrealized
Gain/(Loss)
Est Ann Income
Accrued Interest
Current
Yield %
UNITED STATES TREASURY NOTE
Coupon Rate 1.125%; Matures 01/31/2019; CUSIP 912828V56
1/31/17 6,725,000.000 99.856
99.856
99.797 6,715,302.55
6,715,301.96 6,711,348.25 (3,953.71)ST
75,656.00
25,079.41
1.12
Int. Semi-Annually Jan/Jul 31; Yield to Maturity 1.248%; Moody AAA; Issued 01/31/17; Asset Class: FI & Pref
UNITED STATES TREASURY NOTE
Coupon Rate 1.500%; Matures 05/15/2020; CUSIP 912828X96
5/24/17 975,000.000 100.036
100.035
100.199 975,346.13
975,343.96 976,940.25 1,596.29 ST
14,625.00
635.86
1.49
Int. Semi-Annually May/Nov 15; Yield to Maturity 1.431%; Issued 05/15/17; Asset Class: FI & Pref
UNITED STATES TREASURY NOTE-INFLATION INDEXED
Coupon Rate 0.125%; Matures 04/15/2021; CUSIP 912828Q60
1/31/17 159,000.000 101.306
101.306
100.793 164,269.44
164,269.44 164,850.74 581.30 ST
204.00
25.69
0.12
Int. Semi-Annually Apr/Oct 15; Factor 1.02864000; Moody AAA; Issued 04/15/16; Current Face 163,553.760; Asset Class: FI & Pref
UNITED STATES TREASURY NOTE-INFLATION INDEXED
Coupon Rate 0.125%; Matures 04/15/2022; CUSIP 912828X39
4/13/17
4/13/17
4/13/17
18,000.000
6,000.000
6,000.000
101.223
101.315
101.223
101.315
101.671
101.754
100.549
100.549
100.549
18,220.09
18,236.73
6,073.36
6,078.91
6,100.23
6,105.26
18,098.82
6,032.94
6,032.94
(137.91)
(45.97)
(72.32)
ST
ST
ST
H
H
H
4/17/17 12,000.000 100.903
101.002
100.549 12,108.36
12,120.18 12,065.88 (54.30)ST
4/17/17 24,000.000 100.883
100.982
100.549 24,211.92
24,235.64 24,131.76 (103.88)ST
4/17/17 48,000.000 100.930
101.163
100.549 48,512.24
48,558.02 48,263.52 (294.50)ST
4/17/17 24,000.000 100.905
101.138
100.549 24,250.14
24,273.14 24,131.76 (141.38)ST
4/17/17 18,000.000 100.903
101.136
100.549 18,187.24
18,204.50 18,098.82 (105.68)ST
Total 156,000.000 157,663.58
157,812.38 156,856.44 (955.94)ST
195.00
24.50
0.12
Int. Semi-Annually Apr/Oct 15; Moody AAA; Issued 04/15/17; Basis Adjustment Due to Wash Sale: $86.42; Asset Class: FI & Pref
UNITED STATES TREASURY NOTE
Coupon Rate 1.750%; Matures 05/31/2022; CUSIP 912828XR6
5/31/17 150,000.000 99.996
99.996
99.880 149,994.60
149,994.60 149,820.00 (174.60)ST
2,625.00 1.75
Int. Semi-Annually May/Nov 30; Yield to Maturity 1.775%; Issued 05/31/17; Asset Class: FI & Pref
TREASURY SECURITIES 10,505,000.000 $10,505,600.55
$10,504,164.47 $10,496,516.28 $(7,648.19)ST
$116,705.00
$32,552.75
1.11%
Account Detail
CLIENT STATEMENT For the Period May 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 19 of 26
FEDERAL AGENCIES
Security Description Trade Date Face Value
Orig Unit Cost
Adj Unit Cost Unit Price
Orig Total Cost
Adj Total Cost Market Value
Unrealized
Gain/(Loss)
Est Ann Income
Accrued Interest
Current
Yield %
FEDERAL NATIONAL MTG ASSN POOL AN5056
Coupon Rate 2.590%; Matures 04/01/2021; CUSIP 3138LHTN4
3/27/17 95,000.000 $101.438
$101.438
$102.295 $96,365.63
$96,257.34 $97,071.04 $813.70 ST
$2,458.00
$204.81
2.53
Interest Paid Monthly Apr 01; Yield to Maturity 1.965%; Factor .99887631; Issued 04/01/17; Current Face 94,893.249; Asset Class: FI & Pref
FEDERAL NATIONAL MTG ASSN POOL AN5051
Coupon Rate 2.550%; Matures 11/01/2021; CUSIP 3138LHTH7
3/27/17 80,000.000 101.125
101.125
102.264 80,900.00
80,805.81 81,715.95 910.14 ST
2,038.00
169.80
2.49
Interest Paid Monthly Apr 01; Yield to Maturity 2.012%; Factor .99883574; Issued 04/01/17; Current Face 79,906.859; Asset Class: FI & Pref
FNMA 7 YR BALLOON AN5495
Coupon Rate 2.300%; Matures 01/01/2022; CUSIP 3138LJC99
4/13/17 220,000.000 100.609
100.609
101.216 221,340.63
221,340.63 222,675.20 1,334.57 ST
5,060.00
421.66
2.27
Interest Paid Monthly May 01; Yield to Maturity 2.021%; Issued 05/01/17; Asset Class: FI & Pref
FNMA 7 YR BALLOON AN5496
Coupon Rate 2.300%; Matures 01/01/2022; CUSIP 3138LJDA5
4/13/17 100,000.000 100.609
100.609
101.216 100,609.38
100,609.38 101,216.00 606.62 ST
2,300.00
191.66
2.27
Interest Paid Monthly May 01; Yield to Maturity 2.021%; Issued 05/01/17; Asset Class: FI & Pref
FNA 2017-M5 FA
Coupon Rate 1.484%; Matures 04/25/2024; CUSIP 3136AWWC7
5/9/17 60,000.000 99.901
99.901
99.839 59,940.60
59,940.60 59,903.40 (37.20)ST
890.00
74.19
1.48
Interest Paid Monthly Jun 25; Yield to Maturity 1.508%; First Coupon 06/25/17; Floater; Issued 05/01/17; Asset Class: FI & Pref
FEDERAL AGENCIES 555,000.000 $559,156.24
$558,953.76 $562,581.59 $3,627.83 ST
$12,746.00
$1,062.12
2.27%
Percentage
of Holdings Face Value
Orig Total Cost
Adj Total Cost Market Value
Unrealized
Gain/(Loss)
Est Ann Income
Accrued Interest
Current
Yield %
GOVERNMENT SECURITIES 11,060,000.000 $11,064,756.79
$11,063,118.23 $11,059,097.87 $(4,020.36)ST
$129,451.00
$33,614.87
1.17%
TOTAL GOVERNMENT SECURITIES
(includes accrued interest)
68.51%$11,092,712.74
Percentage
of Holdings Total Cost Market Value
Unrealized
Gain/(Loss)
Est Ann Income
Accrued Interest
Current
Yield %
TOTAL MARKET VALUE $15,911,230.01 $16,119,605.52 $11,467.25 ST $276,919.00
$72,464.64
1.71%
TOTAL VALUE (includes accrued interest)100.00%$16,192,070.16
Unrealized Gain/(Loss) totals only reflect positions that have both cost basis and market value information available. Cash, MMF, Deposits and positions stating 'Please Provide' or 'Pending Corporate Actions' are not
included.
H - Wash sale rules apply to this tax lot. The cost basis and acquisition date (trade date) have been adjusted to account for disallowed loss of a related wash sale transaction. The aggregate amount of the basis
adjustment is identified in italics under the Security Description.
00
3
4
7
7
M
S
A
D
D
2
7
1
Account Detail
CLIENT STATEMENT For the Period May 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 20 of 26
ALLOCATION OF ASSETS (^includes accrued interest)
Cash Equities
Fixed Income &
Preferred Securities Alternatives
Annuities &
Insurance
Structured
Investments Other
Cash, BDP, MMFs $196,908.26 ——————
Corporate Fixed Income^——$4,902,449.16 ————
Government Securities^——11,092,712.74 ————
TOTAL ALLOCATION OF ASSETS^$196,908.26 —$15,995,161.90 ————
ACTIVITY
INVESTMENT RELATED ACTIVITY
PURCHASES, DIVIDEND REINVESTMENTS, SALES AND REDEMPTIONS
Activity
Date
Settlement
Date Activity Type Description Comments Quantity Price Credits/(Debits)
5/2 5/4 Bought UNITED TECHNOLOGI 1900 20MY04 ACTED AS AGENT a/o 05/01/17 30,000.000 $99.9510 $(29,985.30)
5/2 5/4 Bought AVALONBAY COMM 3625 *20OC01 ACTED AS AGENT
ACCRUED INTEREST 66.46
a/o 05/01/17
20,000.000 103.9470 (20,855.86)
5/3 5/5 Bought CITIGROUP INC 2050 18DE07 ACTED AS AGENT
ACCRUED INTEREST 252.83
a/o 05/02/17
30,000.000 100.1990 (30,312.53)
5/3 5/5 Bought CITIGROUP INC 2050 19JN07 ACTED AS AGENT
ACCRUED INTEREST 252.83
a/o 05/02/17
30,000.000 100.0600 (30,270.83)
5/3 5/5 Bought BANK OF AMERICA C 2250 20AP21 ACTED AS AGENT
ACCRUED INTEREST 26.25
a/o 05/02/17
30,000.000 99.9910 (30,023.55)
5/3 5/8 Bought CENTERPOINT ENERG 1850 *21JN01 ACTED AS AGENT
ACCRUED INTEREST 403.40
50,000.000 98.5160 (49,661.40)
5/3 5/16 Bought SHERWIN-WILLIAMS 2250 20MY15 ACTED AS AGENT a/o 05/02/17 30,000.000 99.9970 (29,999.10)
5/4 5/9 Bought TOYOTA MOTOR CORP 2125 19JL18 ACTED AS AGENT
ACCRUED INTEREST 327.60
50,000.000 100.6810 (50,668.10)
5/5 5/10 Bought VERIZON CMMNCTNS 4500 20SP15 ACTED AS AGENT
ACCRUED INTEREST 137.50
20,000.000 106.7990 (21,497.30)
5/10 5/31 Bought FNA 2017-M5 FA 1484 24APRG ACTED AS AGENT
ACCRUED INTEREST 74.20
a/o 05/09/17
60,000.000 99.9010 (60,014.80)
5/11 4/28 Bought - Cancelled US TSY NOTE TIIN 0125 22AP15 ACTED AS AGENT 48,000.000 48,446.35
5/11 4/28 Bought - Cancelled US TSY NOTE TIIN 0125 22AP15 ACTED AS AGENT 30,000.000 30,332.25
5/11 4/28 Bought - Cancelled US TSY NOTE TIIN 0125 22AP15 ACTED AS AGENT 24,000.000 24,217.20
5/11 4/28 Bought - Cancelled US TSY NOTE TIIN 0125 22AP15 ACTED AS AGENT 24,000.000 24,217.20
5/11 4/28 Bought - Cancelled US TSY NOTE TIIN 0125 22AP15 ACTED AS AGENT 24,000.000 24,217.20
Account Detail
CLIENT STATEMENT For the Period May 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 21 of 26
PURCHASES, DIVIDEND REINVESTMENTS, SALES AND REDEMPTIONS (CONTINUED)
Activity
Date
Settlement
Date Activity Type Description Comments Quantity Price Credits/(Debits)
5/11 4/28 Bought - Cancelled US TSY NOTE TIIN 0125 22AP15 ACTED AS AGENT 6,000.000 6,071.71
5/11 4/28 Bought US TSY NOTE TIIN 0125 22AP15 ACTED AS AGENT
ACCRUED INTEREST 2.13
a/o 04/17/17
48,000.000 100.9299 (48,514.37)
5/11 4/28 Bought US TSY NOTE TIIN 0125 22AP15 ACTED AS AGENT
ACCRUED INTEREST 1.33
a/o 04/13/17
30,000.000 101.1075 (30,374.83)
5/11 4/28 Bought US TSY NOTE TIIN 0125 22AP15 ACTED AS AGENT
ACCRUED INTEREST 1.07
a/o 04/17/17
24,000.000 100.9050 (24,251.21)
5/11 4/28 Bought US TSY NOTE TIIN 0125 22AP15 ACTED AS AGENT
ACCRUED INTEREST 1.07
a/o 04/17/17
24,000.000 100.9030 (24,250.72)
5/11 4/28 Bought US TSY NOTE TIIN 0125 22AP15 ACTED AS AGENT
ACCRUED INTEREST 1.07
a/o 04/17/17
24,000.000 100.8830 (24,245.92)
5/11 4/28 Bought US TSY NOTE TIIN 0125 22AP15 ACTED AS AGENT
ACCRUED INTEREST .27
a/o 04/13/17
6,000.000 101.1952 (6,080.24)
5/11 5/12 Sold US TSY NOTE 1375 20JA15 ACTED AS AGENT
ACCRUED INTEREST 333.30
75,000.000 99.7536 75,148.50
5/15 5/18 Bought PNC FUNDING CORP. 4375 20AU11 ACTED AS AGENT
ACCRUED INTEREST 235.76
20,000.000 106.9120 (21,618.16)
5/16 5/17 Sold US TSY NOTE 1375 20JA15 ACTED AS AGENT
ACCRUED INTEREST 231.70
50,000.000 99.9020 50,182.70
5/16 5/19 Bought BANK OF NEW YORK 5450 19MY15 ACTED AS AGENT
ACCRUED INTEREST 21.19
35,000.000 107.0170 (37,477.14)
5/16 5/19 Bought VENTAS REALTY LP 2000 *18FB15 ACTED AS AGENT
ACCRUED INTEREST 182.78
35,000.000 100.1680 (35,241.58)
5/16 5/19 Bought CITIGROUP INC 2400 20FB18 ACTED AS AGENT
ACCRUED INTEREST 182.00
30,000.000 100.5450 (30,345.50)
5/16 5/19 Bought CITIGROUP INC 2700 21MH30 ACTED AS AGENT
ACCRUED INTEREST 110.25
30,000.000 100.6570 (30,307.35)
5/18 5/18 Sold US TSY NOTE 1125 19JA31 ACTED AS AGENT
ACCRUED INTEREST 332.53
a/o 05/17/17
100,000.000 99.8434 100,175.93
5/19 5/23 Bought FHLMC ARM 2B615 2883 47JN01 ACTED AS AGENT
ACCRUED INTEREST 211.42
a/o 04/24/17
120,000.000 102.5273 (123,244.23)
5/19 5/24 Bought CONOCOPHILLIPS CO 2200 *20MY15 ACTED AS AGENT
ACCRUED INTEREST 22.00
40,000.000 100.5710 (40,250.40)
00
3
4
7
7
M
S
A
D
D
2
7
1
Account Detail
CLIENT STATEMENT For the Period May 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 22 of 26
PURCHASES, DIVIDEND REINVESTMENTS, SALES AND REDEMPTIONS (CONTINUED)
Activity
Date
Settlement
Date Activity Type Description Comments Quantity Price Credits/(Debits)
5/19 5/24 Bought ANHEUSER-BUSCH IN 1900 19FB01 ACTED AS AGENT
ACCRUED INTEREST 208.74
35,000.000 100.2740 (35,304.64)
5/23 5/26 Bought DARTMOUTH COLLEGE 4750 19JN01 ACTED AS AGENT
ACCRUED INTEREST 1,154.51
50,000.000 105.7640 (54,036.51)
5/23 6/21 Called Security CONOCOPHILLIPS 5750 19FB01 ACTED AS AGENT
CALLED REDEMPTION 06/21/17
18,000.000 100.0000 18,000.00
5/24 5/25 Bought US TSY NOTE 1500 20MY15 ACTED AS AGENT
ACCRUED INTEREST 397.42
975,000.000 100.0355 (975,743.55)
5/24 5/30 Bought UNITED DOMINION R 4250 18JN01 ACTED AS AGENT
ACCRUED INTEREST 528.30
25,000.000 102.4070 (26,130.05)
5/24 6/22 Sold FHLMC ARM 2B615 2883 47JN01 ACTED AS AGENT
ACCRUED INTEREST 201.81
120,000.000 102.2500 122,901.81
5/25 5/26 Bought MARATHON PETROLEU 2700 18DE14 ACTED AS AGENT
ACCRUED INTEREST 241.50
20,000.000 101.0870 (20,458.90)
5/30 5/31 Bought FNMA 7BL AN5495 2300 22JA01 ACTED AS AGENT
ACCRUED INTEREST 421.67
a/o 04/13/17
220,000.000 100.6094 (221,762.30)
5/30 5/31 Bought FNMA 7BL AN5496 2300 22JA01 ACTED AS AGENT
ACCRUED INTEREST 191.67
a/o 04/13/17
100,000.000 100.6094 (100,801.05)
5/30 6/2 Bought BANK OF NY MELLON 2600 *20AU17 ACTED AS AGENT
ACCRUED INTEREST 227.50
30,000.000 101.7330 (30,747.40)
5/31 6/1 Sold US TSY NOTE 1000 18FB15 ACTED AS AGENT
ACCRUED INTEREST 512.43
175,000.000 99.8786 175,299.98
5/31 6/1 Bought US TSY NOTE 1750 22MY31 ACTED AS AGENT
ACCRUED INTEREST 7.17
150,000.000 99.9964 (150,001.77)
TOTAL PURCHASES, DIVIDEND REINVESTMENTS, SALES AND REDEMPTIONS $(1,745,265.76)
TOTAL PURCHASES $(2,286,974.68)
TOTAL SALES AND REDEMPTIONS $541,708.92
Purchase and Sale transactions above may have received an average price execution. Details regarding the actual prices are available upon request.
UNSETTLED PURCHASES/SALES ACTIVITY
Activity
Date
Settlement
Date Activity Type Description Comments Quantity Price
Pending
Credits/(Debits)
5/23 6/21 Sold CONOCOPHILLIPS 5750 19FB01 UNSETTLED SALE 18,000.000 $100.0000 $18,000.00
5/24 6/22 Sold FHLMC ARM 2B615 2883 47JN01 UNSETTLED SALE 120,000.000 102.2500 122,901.81
5/30 6/2 Bought BANK OF NY MELLON 2600 *20AU17 UNSETTLED PURCHASE 30,000.000 101.7330 (30,747.40)
5/31 6/1 Sold US TSY NOTE 1000 18FB15 UNSETTLED SALE 175,000.000 99.8786 175,299.98
5/31 6/1 Bought US TSY NOTE 1750 22MY31 UNSETTLED PURCHASE 150,000.000 99.9964 (150,001.77)
NET UNSETTLED PURCHASES/SALES $135,452.62
This section displays transactions that have not settled during this statement period. The Holdings section includes positions purchased and omits positions sold or sold short as of the trade-date. The unit/share
price for unsettled fixed income new issues in the Holdings section may be approximate in advance of active market pricing or pricing from third party pricing services.
Account Detail
CLIENT STATEMENT For the Period May 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 23 of 26
RETURN OF PRINCIPAL
Activity Date Activity Type Description Comments Credits/(Debits)
5/25 Return of Principal FNMA POOL AN5056 2590 21AP01 CUSIP: 3138LHTN4 $106.75
5/25 Return of Principal FNMA POOL AN5051 2550 21NV01 CUSIP: 3138LHTH7 93.14
TOTAL RETURN OF PRINCIPAL $199.89
TAXABLE INCOME AND DISTRIBUTIONS
Activity Date Activity Type Description Comments Credits/(Debits)
5/1 Interest Income CT LIGHT & PWR 5650 18MY01 CUSIP: 207597ED3 $1,412.50
5/1 Interest Income PUB SVC ELEC GAS 5300 18MY01 CUSIP: 74456QAS5 1,325.00
5/1 Interest Income KENTUCKY UTILS CO 3250 *20NV01 CUSIP: 491674BE6 893.75
5/1 Interest Income BANK OF AMERICA 5650 18MY01 CUSIP: 06051GDX4 847.50
5/1 Interest Income SUNTRUST BANKS 2500 *19MY01 CUSIP: 867914BG7 500.00
5/1 Interest Income KIMCO REALTY CORP 3200 *21MY01 CUSIP: 49446RAL3 480.00
5/1 Dividend MSILF GOVT SEC PART
DIV PAYMENT
2.66
5/8 Interest Income ENTERPRISE PROD 1650 18MY07 CUSIP: 29379VBG7 288.75
5/15 Interest Income EMERSON ELECTRIC 4250 20NV15 CUSIP: 291011BC7 1,062.50
5/15 Interest Income TRAVELERS COS IN 5800 18MY15 CUSIP: 89417EAE9 870.00
5/15 Interest Income PARKER-HANNIFIN 5500 18MY15 CUSIP: 70109HAH8 825.00
5/15 Interest Income BOSTON PROP LP 3700 *18NV15 CUSIP: 10112RAT1 462.50
5/23 Interest Income LOCKHEED MARTIN C 2500 *20NV23 CUSIP: 539830BF5 187.50
5/25 Interest Income FNMA POOL AN5056 2590 21AP01 CUSIP: 3138LHTN4 205.04
5/25 Interest Income FNMA POOL AN5051 2550 21NV01 CUSIP: 3138LHTH7 170.00
5/26 Interest Income MCDONALD'S CORP 2200 *20MY26 CUSIP: 58013MET7 550.00
5/31 Interest Income MORGAN STANLEY PRIVATE BANK NA
(Period 05/01-05/31)
10.78
5/31 Interest Income MORGAN STANLEY BANK N.A.
(Period 05/01-05/31)
2.05
TOTAL TAXABLE INCOME AND DISTRIBUTIONS $10,095.53
TOTAL OTHER DIVIDENDS $2.66
TOTAL INTEREST $10,092.87
MONEY MARKET FUND (MMF) AND BANK DEPOSIT PROGRAM ACTIVITY
Activity
Date Activity Type Description Credits/(Debits)
5/1 Automatic Redemption BANK DEPOSIT PROGRAM $(12,705.32)
5/1 Automatic Redemption MSILF GOVT SEC PART (62,883.26)
5/2 Automatic Redemption BANK DEPOSIT PROGRAM (29,974.84)
5/3 Automatic Redemption BANK DEPOSIT PROGRAM (19,991.80)
5/4 Automatic Redemption BANK DEPOSIT PROGRAM (50,841.16)
5/5 Automatic Redemption BANK DEPOSIT PROGRAM (90,606.91)
5/8 Automatic Redemption BANK DEPOSIT PROGRAM (49,372.65)
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Account Detail
CLIENT STATEMENT For the Period May 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 24 of 26
MONEY MARKET FUND (MMF) AND BANK DEPOSIT PROGRAM ACTIVITY (CONTINUED)
Activity
Date Activity Type Description Credits/(Debits)
5/9 Automatic Redemption BANK DEPOSIT PROGRAM (50,668.10)
5/10 Automatic Redemption BANK DEPOSIT PROGRAM (21,497.30)
5/12 Automatic Redemption BANK DEPOSIT PROGRAM (215.38)
5/15 Automatic Investment BANK DEPOSIT PROGRAM 78,368.50
5/16 Automatic Redemption BANK DEPOSIT PROGRAM (29,999.10)
5/18 Automatic Investment BANK DEPOSIT PROGRAM 28,564.54
5/19 Automatic Redemption BANK DEPOSIT PROGRAM (33,195.64)
5/23 Automatic Redemption BANK DEPOSIT PROGRAM (123,056.73)
5/24 Automatic Redemption BANK DEPOSIT PROGRAM (75,555.04)
5/25 Automatic Redemption BANK DEPOSIT PROGRAM (975,543.66)
5/26 Automatic Redemption BANK DEPOSIT PROGRAM (73,570.37)
5/30 Automatic Redemption BANK DEPOSIT PROGRAM (26,130.05)
5/31 Automatic Investment BANK DEPOSIT PROGRAM 10.78
5/31 Automatic Investment BANK DEPOSIT PROGRAM 2.05
5/31 Automatic Redemption BANK DEPOSIT PROGRAM (382,578.15)
NET ACTIVITY FOR PERIOD $(2,001,439.59)
REALIZED GAIN/(LOSS) DETAIL
SHORT-TERM GAIN/(LOSS)
Security Description
Date
Acquired
Date
Sold Quantity
Sales
Proceeds
Orig / Adj
Total Cost
Realized
Gain/(Loss)Comments
CONOCOPHILLIPS 5 3/4 2-01-19 03/28/17 05/23/17 18,000.000 $18,000.00 $19,086.77 $(1,086.77)
FHLMC ARM 2B615 2.883 6-01-47 04/24/17 05/24/17 120,000.000 122,700.00 123,032.81 (332.81)
FNMA POOL AN5051 2.550 11-01-21 03/27/17 05/25/17 93.140 93.14 94.19 (1.05)
FNMA POOL AN5056 2.590 4-01-21 03/27/17 05/25/17 106.750 106.75 108.28 (1.53)
US TSY NOTE 1 1/8 1-31-19 01/31/17 05/17/17 100,000.000 99,843.40 99,855.70 (12.30)
US TSY NOTE 1 3/8 1-15-20 01/31/17 05/11/17 75,000.000 74,815.20 74,836.20 (21.00)
01/31/17 05/16/17 50,000.000 49,951.00 49,890.80 60.20
US TSY NOTE 1.000 2-15-18 01/31/17 05/31/17 175,000.000 174,787.55 175,154.23 (366.68)
US TSY NOTE TIIN 1/8 4-15-22 04/13/17 04/17/17 18,000.000 18,162.90 18,199.35 (36.45)W
04/13/17 04/17/17 6,000.000 6,054.30 6,079.97 (25.67)W
04/13/17 04/17/17 6,000.000 6,054.30 6,066.45 (12.15)>
04/13/17 04/17/17 6,000.000 6,054.30 6,066.45 (12.15)W
04/17/17 04/17/17 12,000.000 12,108.60 12,108.36 0.24
Disallowed Loss Based On Wash Sale: $112.09; Basis Adjustment Due To Wash Sale: $25.67
Short-Term This Period $540,297.04 $542,058.98 $(1,761.94)
Short-Term Year to Date $7,232,345.10 $7,229,655.40 $2,689.70
Account Detail
CLIENT STATEMENT For the Period May 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 25 of 26
SHORT-TERM GAIN/(LOSS) (CONTINUED)
Sales
Proceeds
Orig / Adj
Total Cost
Realized
Gain/(Loss)
Net Realized Gain/(Loss) This Period $540,297.04 $542,058.98 $(1,761.94)
Net Realized Gain/(Loss) Year to Date $18,836,312.56 $18,913,566.39 $(77,253.83)
Disallowed Loss Based On Wash Sale Year to Date: $112.09
Treasury regulations require that we report on Form 1099-B a) adjusted cost basis on the sale of covered securities acquired on or after 1/1/11 (or the applicable date for the type of security), b) the gain or loss as
either long-term or short-term, and c) basis adjustments on covered securities due to wash sales, certain corporate actions and transfers by gift or inheritance. This section may not reflect all the basis adjustments
required when filing your tax return. Refer to the Expanded Disclosures.
H, W, > - The wash sale rule applies to this tax lot. For lots noted with an “H,” the cost basis and acquisition date (trade date) have been adjusted to account for disallowed loss of a related wash sale
transaction. For lots noted with a “W,” the disallowed loss on covered securities will be reported on Form 1099-B for the current tax year. The aggregate basis adjustment and the disallowed loss amount are
identified in italics under the Security Description. Net Realized Gain/(Loss) for “This Period” and “Year to Date” includes disallowed loss. For lots noted with a “>,” both “H” and “W” apply.
MESSAGES
Settlement Cycle Change to Trade Date Plus Two (T+2)
On September 5, 2017, the settlement cycle for equities, corporate and municipal bonds, and unit investment trusts traded in the United States, Canada and Mexico will change from a three day to a two day cycle.
Upon the effective date, you will be required to fund purchases and make deliveries of securities for sales on trade date plus two business days.
Important Information About Advisory Accounts
Please notify your Financial Advisor if there have been any changes in your financial situation or investment objectives, or if you wish to impose any reasonable restrictions on the management of your Investment
Advisory accounts, or to reasonably modify existing restrictions.
For a copy of the applicable ADV Brochure for Morgan Stanley Smith Barney LLC, or for any investment adviser with whom we contract to manage your investment advisory account, please visit
www.morganstanley.com/ADV, or contact your Financial Advisor. These ADV Brochures contain important information about advisory programs.
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