09 - June 2017TOTAL VALUE OF YOUR ACCOUNTS (as of 6/30/17)$16,178,717.51
Includes Accrued Interest
CLIENT STATEMENT For the Period June 1-30, 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
0003131 04 AB 1.297 04 TR 00057 MSADT232 100000
#BWNJGWM
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
800 SEMINOLE ROAD
ATLANTIC BCH FL 32233-5444
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Expanded Disclosures
CLIENT STATEMENT For the Period June 1-30, 2017
CONTINUED
Page 2 of 30
Expanded Disclosures, which apply to all statements Morgan Stanley
Smith Barney LLC (we/us) sends to you, are provided with your first
statement and thereafter twice a year.
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
Please 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 or mail to P.O. Box 95002, South Jordan, UT 84095, or
“Contact Us” at www.morganstanley.com.
Senior Investor Helpline
For concerns or complaints, Senior Investors may contact our Firm at
(800) 280-4534 or use the PO Box or corporate website listed above.
Account Valuation
Account values are computed by adding (1) the market value of all
priced positions and (2) market values provided by pricing services
and/or outside custodians, as applicable for other positions, and by
adding any credit or subtracting any debit to your closing Cash, Money
Market Funds and/or Deposit balance. Cash, Deposits and Money
Market Funds are displayed on a settlement date basis, and other
positions are displayed in your account on a trade date basis. The
values of fixed income positions in summary displays include accrued
interest in the totals. In the “Holdings” section, fixed income market
value and accrued interest are also displayed in separate columns.
Accrued interest is the interest earned but not yet paid on the bond
since its last interest payment. In most cases, it is calculated from the
date of the last coupon payment (or “dated date”) through the
closing date of the statement. Foreign Currency Deposits are reflected
in U.S. dollars as of the statement end date. The Annual Percentage
Yield (APY) for deposits represents the applicable rate in effect for your
deposits at the statement ending date. This APY may be different than
the APY that was in effect during the statement period. For current
Bank Deposit or Money Market Fund yields, go to
www.morganstanley.com/wealth-investmentstrategies/ratemonitor.html.
Additional Retirement Account Information
Tax-qualified account contributions are subject to IRS eligibility rules
and regulations. The Contributions information in this statement reflects
contributions for a particular account, without reference to any other
account. Check with your tax advisor to verify how much you can
contribute, if the contribution will be tax deductible, and if other special
rules apply (e.g., to conversions/recharacterizations of Traditional to
Roth/Roth to Traditional IRAs). Tax reporting is provided for IRA, VIP
Basic and 403(b) accounts but not for VIP Plus and RPM accounts.
The account value used for your Required Minimum Distribution
calculation, if any, is based on the prior December 31st Account Value,
including accrued interest. Additionally, for IRAs (1) the "Max.
Individual Contributions Allowed (by SSN)" reflects the annual limit on
contributions that you can make to Traditional and Roth IRAs under
the Internal Revenue Code (this limit applies on a per person basis, not
per account; other rules apply to IRAs which are part of employer-
sponsored plans); (2) you cannot make an individual contribution to a
Traditional IRA for the year in which you reach age 70 1/2 or any later
year; and (3) the categorization of any contribution’s deductibility is
based upon information provided by you. The information included in
this statement is not intended to constitute tax, legal or accounting
advice. Contact us if any of this information is incorrect.
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.
Gain/(Loss) Information
Gain/(Loss) is provided for informational purposes. It is not a substitute
for Internal Revenue Service (IRS) Form 1099 (on which we report cost
basis for covered securities) or any other IRS tax form, and should not
be used for tax preparation. Unrealized Gain/(Loss) provided on this
statement is an estimate. Contact your own independent legal or tax
advisor to determine the appropriate use of the Gain/(Loss) information
on this statement. For more information, go to
www.morganstanley.com/wealth/disclosures/disclosures.asp, or call
Client Service Center.
Tax Reporting
Under Federal Income Tax law, we are required to report gross
proceeds of sales (including entering into short sales) on Form 1099-B
by February 15 of the year following the calendar year of the
transaction for reportable (i.e. non-retirement) accounts. For sales of
certain securities acquired on or after January 1, 2011 (or applicable
date for the type of security) we are also required to report cost basis
and holding period. Under Internal Revenue Service regulations, if you
have not provided us with a certification of either U.S. or foreign status
on applicable Form W-9 or W-8, your accounts may be subject to
either 28% back-up withholding or 30% nonresident alien withholding
on payments made to your accounts.
Investment Objectives
The following is an explanation of the investment objective alternatives
applicable to your account(s): Income - for investors seeking regular
income with low to moderate risk to principal; Capital Appreciation - for
investors seeking capital appreciation with moderate to high risk to
principal; Aggressive Income - for investors seeking higher returns either
as growth or as income with greater risk to principal; Speculation - for
investors seeking high profits or quick returns with considerable
possibility of losing most or all of their investment.
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. The amount
you may borrow is based on the value of eligible securities in your
margin accounts. If a security has eligible shares the number of shares
pledged as collateral is indicated below the position. If you have a
margin account, as permitted by law, we may use certain securities in
your account for, among other things, settling short sales or lending the
securities for short sales, for which we may receive compensation.
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
Expanded Disclosures (CONTINUED)
CLIENT STATEMENT For the Period June 1-30, 2017 Page 3 of 30
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.
Money Market Fund (MMF) Pricing
You could lose money in MMFs. Although MMFs classified as
government funds (i.e., MMFs that invest 99.5% of total assets in cash
and/or securities backed by the U.S government) and retail funds (i.e.,
MMFs open to natural person investors only) seek to preserve value at
$1.00 per share, they cannot guarantee they will do so. The price of
other MMFs will fluctuate and when you sell shares they may be worth
more or less than originally paid. MMFs may impose a fee upon sale
or temporarily suspend sales if liquidity falls below required minimums.
During suspensions, shares would not be available for purchases,
withdrawals, check writing or ATM debits. A MMF investment is not
insured or guaranteed by the Federal Deposit Insurance Corporation or
other government agency.
Notice Regarding Global Investment Manager Analysis
Morgan Stanley’s Global Investment Manager Analysis team conducts
analysis on various mutual funds and exchange-traded funds for clients
holding those funds in certain investment advisory programs. If you
have invested in any of these funds in another type of account, such as
a brokerage account, you will not receive the same materials and status
updates on the funds as we provide to investment advisory clients
(including instructions on selling fund shares).
Pricing of Securities
The prices of securities are derived from various sources, and do not
necessarily represent the prices at which those securities could have
been bought or sold. Although we attempt to use reliable sources of
information, we can offer no assurance as to their accuracy. Prices of
securities not actively traded may not be available, and are indicated
by N/A (not available). For additional information on how we price
securities, go to
www.morganstanley.com/wealth/disclosures/disclosures.asp.
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, which may include, but are not limited
to: loss of initial investment; issuer credit risk and price volatility
resulting from any actual or anticipated changes to issuer's and/or
guarantor's credit ratings or credit spreads; limited or no appreciation
and limits on participation in any appreciation of underlying asset(s);
risks associated with the underlying reference asset(s); no periodic
payments; call prior to maturity; early redemption fees for market
linked deposits; lower interest rates and/or yield compared to
conventional debt with comparable maturity; unique tax implications;
limited or no secondary market; and conflicts of interest due to
affiliation, compensation or other factors which could adversely affect
market value or payout to investors. Investors also 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. When displayed, the accrued
interest, annual income and yield for structured investments with a
contingent income feature (e.g., Range Accrual Notes and Contingent
Income Notes) are estimates and assume specified accrual conditions
are met during the relevant observation period and payment in full of
all contingent interest. Actual accrued interest, annual income and yield
will be dependent upon the performance of the underlying asset(s) and
may be significantly lower than the estimates shown. 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. For
more information on the risks specific to your Structured Investments,
contact your Financial Advisor.
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.
Certain Assets Not Held at Morgan Stanley Smith Barney LLC
You may purchase certain assets through us that may be held at
another financial institution. Assets not held with us may not be
covered by SIPC protection. We may include information about certain
of these assets on this statement solely as a service to you and are not
responsible for any information provided by external sources. Generally,
any financial institution that holds securities is responsible for year-end
reporting (1099s) and separate periodic statements, which may vary
from our information due to different tax reporting periods. In the case
of networked mutual funds, we perform all year-end tax reporting.
Under certain circumstances, such as IRA accounts, we perform all tax
reporting.
Total Income
Total income, as used in the income summaries, represents dividends
and/or interest on securities we receive on your behalf and credit to
your account(s) during the calendar year. We report dividend
distributions and taxable bond interest credited to your account to the
Internal Revenue Service. The totals we report may differ from those
indicated as "This Year" figures on the last statement for the calendar
year. In the case of Real Estate Investment Trusts (REITs), Master
Limited Partnerships, Regulated Investment Companies and Unit
Investment Trusts, some sponsors may reclassify the distribution to a
different tax type for year-end reporting.
Transaction Dates and Conditions
Transactions display trade date and settlement date. Transactions are
included on this statement on trade date basis (excluding BDP and
MMFs). Trades that have not settled as of statement month end will
also be displayed in the “Unsettled Purchases/Sales Activity” section.
Upon written request, we will give you 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.
Tax and Legal Disclosure
Morgan Stanley does not provide legal or tax advice. Please consult
your own tax advisor.
Revised 03/2017
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Page 4 of 30
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
(6/1/17-6/30/17)
This Year
(1/1/17-6/30/17)
TOTAL BEGINNING VALUE $16,192,070.16 $16,100,433.59
Credits —1,839.01
Debits (5,397.18)(17,888.25)
Security Transfers ——
Net Credits/Debits/Transfers $(5,397.18)$(16,049.24)
Change in Value (7,955.47)94,333.16
TOTAL ENDING VALUE $16,178,717.51 $16,178,717.51
Net Credits / Debits include investment advisory fees as applicable. See Activity section for details.
MARKET VALUE OVER TIME
The below chart displays the most recent thirteen months of Market Value.
CLIENT STATEMENT For the Period June 1-30, 2017
Account Summary
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
This asset allocation represents holdings on a trade date basis, and projected settled Cash/ BDP and
MMF balances. These classifications do not constitute a recommendation and may differ from the
classification of instruments for regulatory or tax purposes.
JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN
13
14
15
16
17
18
($
)
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 5 of 30
ASSET ALLOCATION (includes accrued interest)
Cash
Fixed Income & Preferreds
Market Value Percentage
Cash $89,652.92 0.55
Fixed Income & Preferreds 16,089,064.59 99.45
TOTAL VALUE $16,178,717.51 100.00%
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 June 1-30, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 6 of 30
BALANCE SHEET (^ includes accrued interest)
Last Period
(as of 5/31/17)
This Period
(as of 6/30/17)
Cash, BDP, MMFs $61,455.64 $69,540.48
Corporate Fixed Income^4,902,449.16 4,948,206.56
Government Securities^11,092,712.74 11,140,858.03
Net Unsettled Purchases/Sales 135,452.62 20,112.44
Total Assets $16,192,070.16 $16,178,717.51
Total Liabilities (outstanding balance)——
TOTAL VALUE $16,192,070.16 $16,178,717.51
CASH FLOW
This Period
(6/1/17-6/30/17)
This Year
(1/1/17-6/30/17)
OPENING CASH, BDP, MMFs $61,455.64 $4,239,844.93
Purchases (684,011.76)(23,585,133.98)
Dividend Reinvestments —(22,669.13)
Sales and Redemptions 560,012.89 19,353,002.51
Prior Net Unsettled Purch/Sales 135,452.62 N/A
Net Unsettled Purch/Sales (20,112.44)(20,112.44)
Return of Principal 4,830.33 12,783.69
Income and Distributions 17,310.38 107,874.14
Total Investment Related Activity $13,482.02 $(4,154,255.21)
Electronic Transfers-Debits (5,397.39)(5,397.39)
Other Credits —1,839.01
Other Debits 0.21 (12,490.86)
Total Cash Related Activity $(5,397.18)$(16,049.24)
Total Card/Check Activity ——
CLOSING CASH, BDP, MMFs $69,540.48 $69,540.48
Account Summary
CLIENT STATEMENT For the Period June 1-30, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 7 of 30
INCOME AND DISTRIBUTION SUMMARY
This Period
(6/1/17-6/30/17)
This Year
(1/1/17-6/30/17)
Other Dividends —$22,463.64
Interest 17,310.38 67,228.48
Total Taxable Income And Distributions $17,310.38 $89,692.12
Total Tax-Exempt Income ——
TOTAL INCOME AND DISTRIBUTIONS $17,310.38 $89,692.12
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
(6/1/17-6/30/17)
Realized This Year
(1/1/17-6/30/17)
Unrealized
Inception to Date
(as of 6/30/17)
Short-Term Gain $1,722.16 $12,805.41 $11,567.28
Short-Term (Loss)(791.47)(8,049.14)(41,642.07)
Total Short-Term $930.69 $4,756.27 $(30,074.79)
Long-Term Gain —10,958.01 —
Long-Term (Loss)—(90,901.54)—
Total Long-Term —$(79,943.53)—
TOTAL GAIN/(LOSS)$930.69 $(75,187.26)$(30,074.79)
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.
ADDITIONAL ACCOUNT INFORMATION
Category
This Period
(6/1/17-6/30/17)
This Year
(1/1/17-6/30/17)Category
This Period
(6/1/17-6/30/17)
This Year
(1/1/17-6/30/17)
Accrued Interest Paid $1,758.62 $61,218.35 Accrued Interest Received 1,981.50 15,046.32
U.S. Treasury Coupon Interest —23,202.02
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CLIENT STATEMENT For the Period June 1-30, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 8 of 30
ADVISORY ACCOUNT REVIEW (as of 06/30/17)
Below is important information about your advisory account. Confirm that the information is consistent with your understanding of the details of the account and contact your Advisor if you have questions or updates. The disclosure
documents for our investment advisory services relating to the specific advisory program(s) you participate in can be found at morganstanley.com/adv.
Advisory Program: Consulting and Evaluation Services Advisory Account Inception Date: 01/25/17
Current Morgan Stanley Advisory Effective Fee Rate For This Account*: 0.18% Last Advisory Trade: 06/27/17
Account Holder Votes Proxy +: No
Investment Objectives:(1) Income; (2) Capital Appreciation; (3) Aggressive Income; (4) Speculation
Account Risk Tolerance:Conservative
Primary Financial Need:Current Income
Investment Time Horizon:Immediate
Liquidity Needs:11 - 20 years
Restrictions: None
If you currently have a Single Advisory Contract on file with Morgan Stanley, you can open other advisory accounts or make changes to this advisory account through discussions with your Advisor. If you open a new advisory account or
make changes to this advisory account, the terms of the new account or changes will be confirmed back to you in writing.
*This Advisory Fee Rate is effective as of the date referenced above and is based upon the last posted quarterly or inception fee for this account. The fee rate is blended. This means that as the value of account
assets reaches certain breakpoints, the incremental assets above each threshold are charged the applicable rate, as referenced in your fee schedule. The effective fee rate for the account as a whole is then a
weighted average of the scheduled rates, and may change with the account asset level. There may be additional fees or expenses that you may incur depending on the investment products in your account.
Please review the applicable investment advisory agreement and Form ADV Brochure for additional information.
+The account holder has delegated the authority to vote proxies for the account to Morgan Stanley, an affiliate, or a third party portfolio manager, as applicable and if available in the advisory program.
Account Detail
CLIENT STATEMENT For the Period June 1-30, 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 9 of 30
† 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 %
CASH $4,256.16
MORGAN STANLEY PRIVATE BANK NA #65,284.32 —13.00 0.020
Percentage
of Holdings Market Value Est Ann Income
CASH, BDP, AND MMFs $69,540.48 $13.00
NET UNSETTLED PURCHASES/SALES $20,112.44
CASH, BDP, AND MMFs (PROJECTED SETTLED BALANCE)0.55%$89,652.92
# 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.
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CLIENT STATEMENT For the Period June 1-30, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 10 of 30
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
$99.938 $49,964.50
$49,964.50 $49,969.00 $4.50 ST
$363.00
$44.30
0.72
Int. Semi-Annually Jun/Dec 08; Yield to Maturity 1.591%; Moody BAA1 S&P A-; Issued 12/13/12; 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
100.123
100.119 30,056.10
30,036.79 30,035.70 (1.09)ST
563.00
273.43
1.87
Int. Semi-Annually Jan/Jul 05; Yield to Maturity 1.641%; 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
100.226
100.098 55,190.85
55,124.11 55,053.90 (70.21)ST
1,100.00
458.33
1.99
Int. Semi-Annually Jan/Jul 31; Callable $100.00 on 12/31/17; Yield to Call 1.803%; 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
100.084
100.076 50,062.00
50,042.02 50,038.00 (4.02)ST
825.00
309.37
1.64
Int. Semi-Annually Feb/Aug 15; Callable $100.00 on 01/15/18; Yield to Call 1.508%; 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
100.142
100.136 35,058.80
35,049.54 35,047.60 (1.94)ST
700.00
262.50
1.99
Int. Semi-Annually Feb/Aug 15; Callable $100.00 on 01/15/18; Yield to Call 1.746%; 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
102.473
102.434 46,642.95
46,112.69 46,095.30 (17.39)ST
2,363.00
780.93
5.12
Int. Semi-Annually Mar/Sep 01; Yield to Maturity 1.577%; 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
102.539
102.431 33,189.44
32,812.37 32,777.92 (34.45)ST
1,712.00
565.91
5.22
Int. Semi-Annually Mar/Sep 01; Yield to Maturity 1.679%; 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
102.612
102.590 36,300.60
35,914.07 35,906.50 (7.57)ST
1,855.00
541.04
5.16
Int. Semi-Annually Mar/Sep 15; Yield to Maturity 1.604%; 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
100.457 200,000.00
200,000.00 200,914.00 914.00 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
102.672
102.696 51,757.00
51,335.92 51,348.00 12.08 ST
2,550.00
531.24
4.96
Int. Semi-Annually Apr/Oct 15; Yield to Maturity 1.655%; Moody AA2 S&P A; Issued 04/14/08; Asset Class: FI & Pref
SOUTHERN CALIF GAS CO
Coupon Rate 5.450%; Matures 04/15/2018; CUSIP 842434CD2
2/7/17 30,000.000 104.372
102.921
102.939 31,311.60
30,876.39 30,881.70 5.31 ST
1,635.00
340.62
5.29
Int. Semi-Annually Apr/Oct 15; Yield to Maturity 1.693%; Moody AA2 S&P A+; Issued 10/17/03; Asset Class: FI & Pref
Account Detail
CLIENT STATEMENT For the Period June 1-30, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 11 of 30
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 NA
Coupon Rate 5.650%; Matures 05/01/2018; CUSIP 06051GDX4
2/24/17 30,000.000 104.534
103.245
103.140 31,360.20
30,973.39 30,942.00 (31.39)ST
1,695.00
277.79
5.47
Int. Semi-Annually May/Nov 01; Yield to Maturity 1.845%; 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
103.338
103.304 52,299.50
51,669.02 51,652.00 (17.02)ST
2,825.00
462.98
5.46
Int. Semi-Annually May/Nov 01; Yield to Maturity 1.652%; 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
103.001
103.169 51,983.00
51,500.54 51,584.50 83.96 ST
2,650.00
434.30
5.13
Int. Semi-Annually May/Nov 01; Yield to Maturity 1.470%; 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
99.916 34,932.10
34,932.10 34,970.60 38.50 ST
578.00
85.02
1.65
Int. Semi-Annually May/Nov 07; Yield to Maturity 1.749%; 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
103.420
103.383 31,392.90
31,025.93 31,014.90 (11.03)ST
1,650.00
206.25
5.32
Int. Semi-Annually May/Nov 15; Yield to Maturity 1.589%; 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
103.669
103.607 31,595.10
31,100.84 31,082.10 (18.74)ST
1,740.00
217.50
5.59
Int. Semi-Annually May/Nov 15; Yield to Maturity 1.629%; 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
103.774
103.792 52,302.00
51,887.09 51,896.00 8.91 ST
2,975.00
239.65
5.73
Int. Semi-Annually Jun/Dec 01; Yield to Maturity 1.772%; 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
100.155
100.105 35,073.15
35,054.34 35,036.75 (17.59)ST
613.00
49.34
1.74
Int. Semi-Annually Jun/Dec 01; Yield to Maturity 1.634%; 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
102.340
102.407
102.201
102.211
102.211
25,796.25
25,585.11
25,601.75
25,550.31
25,552.75
25,552.75
(32.36)
2.44
ST
ST
Total 50,000.000 51,398.00
51,135.42 51,105.50 (29.92)ST
2,125.00
171.18
4.15
Int. Semi-Annually Jun/Dec 01; Yield to Maturity 1.813%; 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
100.233
100.265 30,097.20
30,069.99 30,079.50 9.51 ST
585.00
24.37
1.94
Int. Semi-Annually Jun/Dec 15; Yield to Maturity 1.670%; Moody BAA2 S&P A- (-); Issued 06/23/15; Asset Class: FI & Pref
WEC ENERGY GROUP INC
Coupon Rate 1.650%; Matures 06/15/2018; CUSIP 976657AJ5
3/8/17 50,000.000 99.817
99.817
100.059 49,908.50
49,908.50 50,029.50 121.00 ST
825.00
34.37
1.64
Int. Semi-Annually Jun/Dec 15; Yield to Maturity 1.588%; Moody A3 S&P BBB+; Issued 06/10/15; Asset Class: FI & Pref
00
3
1
3
1
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Account Detail
CLIENT STATEMENT For the Period June 1-30, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 12 of 30
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 %
PACIFICORP
Coupon Rate 5.650%; Matures 07/15/2018; CUSIP 695114CH9
3/1/17 30,000.000 105.348
104.100
104.026 31,604.40
31,229.87 31,207.80 (22.07)ST
1,695.00
776.87
5.43
Int. Semi-Annually Jan/Jul 15; Yield to Maturity 1.732%; 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
101.089
101.136 30,409.80
30,326.78 30,340.80 14.02 ST
870.00
389.08
2.86
Int. Semi-Annually Jan/Jul 19; Yield to Maturity 1.805%; Moody A3 S&P BBB+; Issued 07/19/13; Asset Class: FI & Pref
VERIZON COMMUNICATIONS
Coupon Rate 2.991%; Matures 09/14/2018; CUSIP 92343VBM5
3/9/17 35,000.000 102.256
101.814
101.809 35,789.60
35,634.76 35,633.15 (1.61)ST
1,047.00
46.53
2.93
Interest Paid Quarterly Dec 14; Yield to Maturity 1.471%; 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
104.152
104.099 31,552.20
31,245.69 31,229.70 (15.99)ST
1,575.00
389.37
5.04
Int. Semi-Annually Apr/Oct 01; Yield to Maturity 1.920%; 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
100.838
100.968 30,329.10
30,251.50 30,290.40 38.90 ST
765.00
159.37
2.52
Int. Semi-Annually Apr/Oct 15; Callable $100.00 on 09/15/18; Yield to Call 1.736%; 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
102.270
102.081 25,727.00
25,567.39 25,520.25 (47.14)ST
925.00
115.62
3.62
Int. Semi-Annually May/Nov 15; Callable $100.00 on 08/15/18; Yield to Call 1.821%; 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
100.180
100.149 30,059.70
30,053.92 30,044.70 (9.22)ST
615.00
39.29
2.04
Int. Semi-Annually Jun/Dec 07; Yield to Maturity 1.944%; 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
100.537
100.540 30,197.40
30,161.19 30,162.00 0.81 ST
690.00
32.58
2.28
Int. Semi-Annually Jun/Dec 13; Callable $100.00 on 11/13/18; Yield to Call 1.898%; 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
101.020
100.763 20,217.40
20,203.91 20,152.60 (51.31)ST
540.00
22.50
2.67
Int. Semi-Annually Jun/Dec 15; Yield to Maturity 2.164%; 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
100.540
100.375 35,214.20
35,189.17 35,131.25 (57.92)ST
753.00
31.35
2.14
Int. Semi-Annually Jun/Dec 15; Yield to Maturity 1.887%; 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
101.130
100.942 35,479.85
35,395.52 35,329.70 (65.82)ST
910.00
417.08
2.57
Int. Semi-Annually Jan/Jul 15; Yield to Maturity 1.976%; Moody BAA1 S&P BBB+; Issued 10/22/13; Asset Class: FI & Pref
GOLDMAN SACHS GROUP INC
Coupon Rate 2.625%; Matures 01/31/2019; CUSIP 38145XAA1
2/1/17 30,000.000 101.102
100.882
101.011 30,330.60
30,264.48 30,303.30 38.82 ST
788.00
328.12
2.60
Int. Semi-Annually Jan/Jul 31; Yield to Maturity 1.974%; Moody A3 S&P BBB+; Issued 01/31/14; Asset Class: FI & Pref
Account Detail
CLIENT STATEMENT For the Period June 1-30, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 13 of 30
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 %
ANHEUSER-BUSCH INBEV FIN
Coupon Rate 1.900%; Matures 02/01/2019; CUSIP 035242AG1
5/19/17 35,000.000 100.274
100.257
100.224 35,095.90
35,090.12 35,078.40 (11.72)ST
665.00
275.23
1.89
Int. Semi-Annually Feb/Aug 01; Yield to Maturity 1.756%; 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
105.845 7,480.06
7,480.05 7,409.15 (70.90)ST
403.00
166.59
5.43
Int. Semi-Annually Feb/Aug 01; Yield to Maturity 1.987%; 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
100.669
100.668 30,250.20
30,200.76 30,200.40 (0.36)ST
735.00
304.20
2.43
Int. Semi-Annually Feb/Aug 01; Yield to Maturity 2.019%; 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
100.705
100.631 25,219.75
25,176.25 25,157.75 (18.50)ST
550.00
227.63
2.18
Int. Semi-Annually Feb/Aug 01; Callable $100.00 on 11/01/18; Yield to Call 1.719%; 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
107.553
107.291 38,209.50
37,643.59 37,551.85 (91.74)ST
2,345.00
970.56
6.24
Int. Semi-Annually Feb/Aug 01; Yield to Maturity 2.005%; Moody A2 S&P A; Issued 06/19/08; Asset Class: FI & Pref
OVERSEAS PRIVATE INV COR
Zero Coupon; Matures 02/11/2019; CUSIP 690353V20
6/19/17 40,000.000 100.000
100.000
99.993 40,000.00
40,000.00 39,997.20 (2.80)ST
——
Issued 06/26/17; Asset Class: FI & Pref
PRINCETON UNIVERSITY
Coupon Rate 4.950%; Matures 03/01/2019; CUSIP 89837LAA3
3/24/17 50,000.000 106.229
105.411
105.371 53,114.50
52,705.31 52,685.50 (19.81)ST
2,475.00
818.12
4.69
Int. Semi-Annually Mar/Sep 01; Yield to Maturity 1.673%; 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
103.628
103.716 32,376.40
32,124.70 32,151.96 27.26 ST
1,380.00
456.00
4.29
Int. Semi-Annually Mar/Sep 01; Yield to Maturity 2.170%; 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
100.870
101.043 25,268.00
25,217.50 25,260.75 43.25 ST
600.00
175.00
2.37
Int. Semi-Annually Mar/Sep 15; Callable $100.00 on 02/15/19; Yield to Call 1.746%; 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
108.249
108.089 43,891.20
43,299.51 43,235.60 (63.91)ST
2,780.00
772.22
6.42
Int. Semi-Annually Mar/Sep 20; Yield to Maturity 2.138%; Moody BAA1 S&P A-; Issued 03/16/09; Asset Class: FI & Pref
CATERPILLAR FINL SERVICE
Coupon Rate 1.900%; Matures 03/22/2019; CUSIP 14912L6W6
3/20/17 60,000.000 99.940
99.940
100.376 59,964.00
59,964.00 60,225.60 261.60 ST
1,140.00
307.16
1.89
Int. Semi-Annually Mar/Sep 22; Callable $100.00 on 07/30/17; 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
107.547
107.136 32,490.60
32,264.10 32,140.80 (123.30)ST
1,902.00
470.21
5.91
Int. Semi-Annually Apr/Oct 01; Yield to Maturity 2.167%; Moody A2 S&P A-; Issued 03/26/09; Asset Class: FI & Pref
00
3
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3
1
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Account Detail
CLIENT STATEMENT For the Period June 1-30, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 14 of 30
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 %
PORTLAND GENERAL ELECTRIC
Coupon Rate 6.100%; Matures 04/15/2019; CUSIP 736508BQ4
3/1/17 45,000.000 108.304
107.065
107.411 48,736.80
48,179.20 48,334.95 155.75 ST
2,745.00
571.87
5.67
Int. Semi-Annually Apr/Oct 15; Yield to Maturity 1.873%; 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
100.987
100.938 40,465.20
40,394.69 40,375.20 (19.49)ST
1,000.00
163.88
2.47
Int. Semi-Annually May/Nov 01; Callable $100.00 on 04/01/19; Yield to Call 1.952%; 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
99.966 29,977.50
29,977.50 29,989.80 12.30 ST
465.00
74.91
1.55
Int. Semi-Annually May/Nov 02; Yield to Maturity 1.569%; 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
99.992 19,991.80
19,991.80 19,998.40 6.60 ST
375.00
59.37
1.87
Int. Semi-Annually May/Nov 03; Callable $100.00 on 04/03/19; Yield to Call 1.879%; 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
106.611
106.541 37,455.95
37,313.85 37,289.35 (24.50)ST
1,908.00
238.43
5.11
Int. Semi-Annually May/Nov 15; Yield to Maturity 1.882%; 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
105.490
105.862 52,882.00
52,744.75 52,931.00 186.25 ST
2,375.00
191.31
4.48
Int. Semi-Annually Jun/Dec 01; Yield to Maturity 1.635%; 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
105.978
105.968 43,956.10
43,451.18 43,446.88 (4.30)ST
2,101.00
169.26
4.83
Int. Semi-Annually Jun/Dec 01; Yield to Maturity 1.942%; 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
100.056
100.065 30,018.00
30,016.68 30,019.50 2.82 ST
615.00
39.29
2.04
Int. Semi-Annually Jun/Dec 07; Yield to Maturity 2.015%; 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
107.270
107.605 44,580.94
43,980.73 44,118.05 137.32 ST
2,419.00
100.79
5.48
Int. Semi-Annually Jun/Dec 15; Yield to Maturity 1.924%; 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
108.807
108.449 38,370.50
38,082.46 37,957.15 (125.31)ST
2,293.00
1,050.72
6.04
Int. Semi-Annually Jan/Jul 15; Yield to Maturity 2.290%; Moody BAA1 S&P BBB+; Issued 06/26/09; Asset Class: FI & Pref
ROCKWELL COLLINS INC
Coupon Rate 1.950%; Matures 07/15/2019; CUSIP 774341AG6
3/28/17 10,000.000 99.904
99.904
100.147 9,990.40
9,990.40 10,014.70 24.30 ST
195.00
43.33
1.94
Int. Semi-Annually Jan/Jul 15; Yield to Maturity 1.876%; 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
100.637
100.694 50,340.50
50,318.40 50,347.00 28.60 ST
1,063.00
478.12
2.11
Int. Semi-Annually Jan/Jul 18; Yield to Maturity 1.779%; Moody AA3 S&P AA-; Issued 07/18/14; Asset Class: FI & Pref
Account Detail
CLIENT STATEMENT For the Period June 1-30, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 15 of 30
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 %
AMERICAN EXPRESS CREDIT
Coupon Rate 2.250%; Matures 08/15/2019; CUSIP 0258M0DP1
2/27/17 35,000.000 100.928
100.805
100.861 35,324.80
35,281.82 35,301.35 19.53 ST
788.00
295.31
2.23
Int. Semi-Annually Feb/Aug 15; Yield to Maturity 1.835%; 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
100.101 34,989.85
34,989.85 35,035.35 45.50 ST
700.00
262.50
1.99
Int. Semi-Annually Feb/Aug 15; Callable $100.00 on 07/15/19; Yield to Call 1.949%; 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
107.581
107.222 32,657.70
32,274.24 32,166.60 (107.64)ST
1,763.00
367.18
5.48
Int. Semi-Annually Apr/Oct 15; Callable $100.00 on 07/15/19; Yield to Call 2.236%; Moody BAA2 S&P A-; Issued 10/09/09; Asset Class: FI & Pref
ALEXANDRIA REAL ESTATE EQUITIES
Coupon Rate 2.750%; Matures 01/15/2020; CUSIP 015271AF6
6/20/17 30,000.000 100.835
100.828
100.687 30,250.50
30,248.38 30,206.10 (42.28)ST
825.00
378.12
2.73
Int. Semi-Annually Jan/Jul 15; Callable $100.00 on 12/15/19; Yield to Call 2.460%; Moody BAA2 S&P BBB; Issued 07/18/14; 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
100.310 24,949.50
24,949.50 25,077.50 128.00 ST
563.00
245.31
2.24
Int. Semi-Annually Jan/Jul 23; Callable $100.00 on 12/23/19; Yield to Call 2.121%; 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
100.873
101.055 34,341.02
34,296.95 34,358.70 61.75 ST
901.00
382.92
2.62
Int. Semi-Annually Jan/Jul 27; Yield to Maturity 2.226%; 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
100.507
100.431 20,109.20
20,101.43 20,086.20 (15.23)ST
450.00
186.25
2.24
Int. Semi-Annually Jan/Jul 31; Callable $100.00 on 12/31/19; Yield to Call 2.072%; 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
100.251 59,970.60
59,970.60 60,150.60 180.00 ST
1,140.00
446.50
1.89
Int. Semi-Annually Feb/Aug 07; Yield to Maturity 1.801%; 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
107.718
107.571 32,603.70
32,315.48 32,271.30 (44.18)ST
1,538.00
606.45
4.76
Int. Semi-Annually Feb/Aug 08; Yield to Maturity 2.122%; 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
100.219 54,921.90
54,921.90 55,120.45 198.55 ST
1,100.00
409.44
1.99
Int. Semi-Annually Feb/Aug 14; Yield to Maturity 1.914%; 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
100.070 49,804.50
49,804.50 50,035.00 230.50 ST
900.00
332.49
1.79
Int. Semi-Annually Feb/Aug 14; Yield to Maturity 1.772%; First Coupon 08/14/17; Moody AA3 S&P AA-; Issued 02/17/17; Asset Class: FI & Pref
CITIGROUP INC
Coupon Rate 2.400%; Matures 02/18/2020; CUSIP 172967JJ1
5/16/17 30,000.000 100.545
100.522
100.538 30,163.50
30,156.73 30,161.40 4.67 ST
720.00
264.00
2.38
Int. Semi-Annually Feb/Aug 18; Yield to Maturity 2.188%; Moody BAA1 S&P BBB+; Issued 02/18/15; Asset Class: FI & Pref
00
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Account Detail
CLIENT STATEMENT For the Period June 1-30, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 16 of 30
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 %
PACCAR FINANCIAL CORP
Coupon Rate 1.950%; Matures 02/27/2020; CUSIP 69371RN69
2/22/17 50,000.000 99.820
99.820
99.993 49,910.00
49,910.00 49,996.50 86.50 ST
975.00
333.12
1.95
Int. Semi-Annually Feb/Aug 27; Yield to Maturity 1.952%; 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
100.059
100.059
32,938.29
32,938.29
21,888.24
21,888.24
33,019.47
22,012.98
81.18
124.74
ST
ST
Total 55,000.000 54,826.53
54,826.53 55,032.45 205.92 ST
1,128.00
372.70
2.04
Int. Semi-Annually Mar/Sep 01; Callable $100.00 on 02/01/20; Yield to Call 2.026%; 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
100.476 19,979.20
19,979.20 20,095.20 116.00 ST
440.00
143.00
2.18
Int. Semi-Annually Mar/Sep 03; Callable $100.00 on 02/01/20; Yield to Call 2.010%; 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
100.312 39,989.60
39,989.60 40,124.80 135.20 ST
780.00
247.00
1.94
Int. Semi-Annually Mar/Sep 04; Yield to Maturity 1.830%; 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
100.933 54,957.10
54,957.10 55,513.15 556.05 ST
1,375.00
423.95
2.47
Int. Semi-Annually Mar/Sep 09; Yield to Maturity 2.141%; First Coupon 09/09/17; Moody BAA3 S&P BBB; Issued 03/09/17; 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
107.403
107.954 32,539.80
32,220.79 32,386.20 165.41 ST
1,613.00
470.31
4.98
Int. Semi-Annually Mar/Sep 15; Yield to Maturity 2.326%; 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
107.379
107.248 32,482.20
32,213.65 32,174.40 (39.25)ST
1,485.00
391.87
4.61
Int. Semi-Annually Mar/Sep 25; Yield to Maturity 2.204%; 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
100.263 39,968.80
39,968.80 40,105.20 136.40 ST
880.00
207.77
2.19
Int. Semi-Annually Apr/Oct 01; Yield to Maturity 2.101%; 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
108.664
110.088 58,232.69
57,592.11 58,346.64 754.53 ST
2,995.00
623.85
5.13
Int. Semi-Annually Apr/Oct 15; Yield to Maturity 1.920%; Moody AA3 S&P A; Issued 03/24/05; Asset Class: FI & Pref
BANK OF AMERICA CORP
Coupon Rate 2.250%; Matures 04/21/2020; CUSIP 06051GFN4
5/2/17 30,000.000 99.991
99.991
100.041 29,997.30
29,997.30 30,012.30 15.00 ST
675.00
129.37
2.24
Int. Semi-Annually Apr/Oct 21; Yield to Maturity 2.234%; 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 10,000.000 99.951
99.951
100.172 9,995.10
9,995.09 10,017.20 22.11 ST
190.00
29.55
1.89
Int. Semi-Annually May/Nov 04; Yield to Maturity 1.837%; First Coupon 11/04/17; Moody A3 S&P A-; Issued 05/04/17; Asset Class: FI & Pref
Account Detail
CLIENT STATEMENT For the Period June 1-30, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 17 of 30
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 %
CONOCOPHILLIPS COMPANY
Coupon Rate 2.200%; Matures 05/15/2020; CUSIP 20826FAJ5
5/19/17 40,000.000 100.571
100.552
100.327 40,228.40
40,220.70 40,130.80 (89.90)ST
880.00
110.00
2.19
Int. Semi-Annually May/Nov 15; Callable $100.00 on 04/15/20; Yield to Call 2.078%; 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
100.224 29,999.10
29,999.10 30,067.20 68.10 ST
675.00
82.49
2.24
Int. Semi-Annually May/Nov 15; Yield to Maturity 2.169%; 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
100.048
100.653 50,026.50
50,024.01 50,326.50 302.49 ST
1,100.00
103.88
2.18
Int. Semi-Annually May/Nov 26; Callable $100.00 on 04/26/20; Yield to Call 1.961%; 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
106.859
106.649 32,189.70
32,057.83 31,994.70 (63.13)ST
1,290.00
53.75
4.03
Int. Semi-Annually Jun/Dec 15; Yield to Maturity 1.975%; 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
101.216
101.454 30,396.90
30,364.80 30,436.20 71.40 ST
840.00
32.66
2.75
Int. Semi-Annually Jun/Dec 16; Yield to Maturity 2.289%; Moody A3 S&P BBB+; Issued 06/16/15; Asset Class: FI & Pref
JOHN DEERE CAPITAL CORP
Coupon Rate 1.950%; Matures 06/22/2020; CUSIP 24422ETS8
6/19/17 10,000.000 99.939
99.939
100.261 9,993.90
9,993.90 10,026.10 32.20 ST
195.00
4.33
1.94
Int. Semi-Annually Jun/Dec 22; Yield to Maturity 1.859%; First Coupon 12/22/17; Moody A2 S&P A; Issued 06/22/17; Asset Class: FI & Pref
BB&T CORPORATION
Coupon Rate 2.625%; Matures 06/29/2020; CUSIP 05531FAU7
6/14/17 30,000.000 101.952
101.931
101.698 30,585.60
30,579.31 30,509.40 (69.91)ST
788.00
2.18
2.58
Int. Semi-Annually Jun/Dec 29; Callable $100.00 on 05/29/20; Yield to Call 2.022%; Moody A2 S&P A-; Issued 06/29/15; Asset Class: FI & Pref
AT&T INC
Coupon Rate 2.450%; Matures 06/30/2020; CUSIP 00206RCL4
6/9/17 30,000.000 100.345
100.340
100.514 30,103.50
30,101.94 30,154.20 52.26 ST
735.00 2.43
Int. Semi-Annually Jun/Dec 30; Callable $100.00 on 05/30/20; Yield to Call 2.267%; Moody BAA1 (-) S&P BBB+ (-); Issued 05/04/15; 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
109.045
109.511 32,981.70
32,713.39 32,853.30 139.91 ST
1,688.00
839.06
5.13
Int. Semi-Annually Jan/Jul 01; Yield to Maturity 2.327%; 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
106.440
106.929
106.420
106.610
106.610
32,177.70
31,932.02
21,385.80
21,284.08
31,983.00
21,322.00
50.98
37.92
ST
ST
Total 50,000.000 53,563.50
53,216.10 53,305.00 88.90 ST
2,375.00
98.95
4.45
Int. Semi-Annually Jun/Dec 15; Callable $100.00 on 04/15/20; Yield to Call 2.291%; 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
104.707
105.224 52,616.50
52,353.60 52,612.00 258.40 ST
2,000.00
827.77
3.80
Int. Semi-Annually Feb/Aug 01; Callable $100.00 on 05/01/20; Yield to Call 2.092%; Moody A2 S&P A-; Issued 08/02/10; Asset Class: FI & Pref
00
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Account Detail
CLIENT STATEMENT For the Period June 1-30, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 18 of 30
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
105.979
106.912
106.664
106.438
106.438
31,932.60
31,793.67
21,382.40
21,332.78
31,931.40
21,287.60
137.73
(45.18)
ST
ST
Total 50,000.000 53,315.00
53,126.45 53,219.00 92.55 ST
2,188.00
844.61
4.11
Int. Semi-Annually Feb/Aug 11; Yield to Maturity 2.223%; 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
101.691
101.477 30,519.90
30,507.21 30,443.10 (64.11)ST
780.00
288.16
2.56
Int. Semi-Annually Feb/Aug 17; Callable $100.00 on 07/17/20; Yield to Call 2.097%; 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
100.805
101.441 40,354.00
40,321.91 40,576.40 254.49 ST
1,020.00
337.16
2.51
Int. Semi-Annually Mar/Sep 01; Yield to Maturity 2.077%; 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
106.521
106.824 21,359.80
21,304.18 21,364.80 60.62 ST
900.00
262.50
4.21
Int. Semi-Annually Mar/Sep 15; Yield to Maturity 2.281%; 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
103.850
103.947
103.770
103.649
103.649
31,285.80
31,154.89
20,789.40
20,754.00
31,094.70
20,729.80
(60.19)
(24.20)
ST
ST
Total 50,000.000 52,075.20
51,908.89 51,824.50 (84.39)ST
1,813.00
448.09
3.49
Int. Semi-Annually Apr/Oct 01; Callable $100.00 on 07/01/20; Yield to Call 2.359%; 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
103.208
103.150 56,945.35
56,764.13 56,732.50 (31.63)ST
1,788.00
292.95
3.15
Int. Semi-Annually May/Nov 01; Callable $100.00 on 08/01/20; Yield to Call 2.188%; 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
100.244 175,000.00
175,000.00 175,427.00 427.00 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
106.546
107.371 53,579.50
53,273.04 53,685.50 412.46 ST
2,125.00
265.62
3.95
Int. Semi-Annually May/Nov 15; Yield to Maturity 1.981%; 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
100.836
101.373 15,139.50
15,125.39 15,205.95 80.56 ST
375.00
38.54
2.46
Int. Semi-Annually May/Nov 23; Callable $100.00 on 10/23/20; Yield to Call 2.069%; 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
102.993
102.865 36,104.95
36,047.56 36,002.75 (44.81)ST
1,190.00
49.58
3.30
Account Detail
CLIENT STATEMENT For the Period June 1-30, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 19 of 30
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 2.509%; 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
105.429
105.985 31,803.30
31,628.60 31,795.50 166.90 ST
1,200.00
496.66
3.77
Int. Semi-Annually Feb/Aug 01; Callable $100.00 on 11/01/20; Yield to Call 2.131%; 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
104.485
104.776
104.405
104.578
104.578
31,488.30
31,345.60
20,955.20
20,881.03
31,373.40
20,915.60
27.80
34.57
ST
ST
Total 50,000.000 52,443.50
52,226.63 52,289.00 62.37 ST
1,875.00
703.12
3.58
Int. Semi-Annually Feb/Aug 15; Callable $100.00 on 11/15/20; Yield to Call 2.331%; Moody A2 S&P A; Issued 11/12/10; Asset Class: FI & Pref
STATE STREET CORP
Coupon Rate 4.375%; Matures 03/07/2021; CUSIP 857477AG8
6/7/17 30,000.000 107.910
107.802
107.164 32,373.00
32,340.64 32,149.20 (191.44)ST
1,313.00
411.97
4.08
Int. Semi-Annually Mar/Sep 07; Yield to Maturity 2.335%; Moody A1 S&P A; Issued 03/07/11; Asset Class: FI & Pref
JPMORGAN CHASE & CO
Coupon Rate 1.771%; Matures 03/09/2021; CUSIP 46647PAC0
3/2/17 40,000.000 100.000
100.000
99.983 40,000.00
40,000.00 39,993.20 (6.80)ST
708.00
41.32
1.77
Interest Paid Quarterly Jun 09; Yield to Maturity 1.776%; 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
100.638
100.664 30,197.10
30,191.40 30,199.20 7.80 ST
810.00
202.50
2.68
Int. Semi-Annually Mar/Sep 30; Yield to Maturity 2.513%; 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
101.849
101.536 30,603.60
30,554.75 30,460.80 (93.95)ST
960.00
157.33
3.15
Int. Semi-Annually May/Nov 01; Callable $100.00 on 03/01/21; Yield to Call 2.756%; 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
98.661 49,258.00
49,258.00 49,330.50 72.50 ST
925.00
74.51
1.87
Int. Semi-Annually Jun/Dec 01; Callable $100.00 on 05/01/21; Yield to Maturity 2.208%; 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
99.314 34,549.20
34,549.20 34,759.90 210.70 ST
805.00
64.84
2.31
Int. Semi-Annually Jun/Dec 01; Callable $100.00 on 05/01/21; Yield to Maturity 2.485%; 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
99.811 29,868.90
29,868.90 29,943.30 74.40 ST
720.00
46.00
2.40
Int. Semi-Annually Jun/Dec 07; Callable $100.00 on 05/07/21; Yield to Maturity 2.450%; 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
107.350
108.055 32,415.30
32,204.90 32,416.50 211.60 ST
1,425.00
59.37
4.39
Int. Semi-Annually Jun/Dec 15; Yield to Maturity 2.595%; 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
104.984
105.502 36,872.85
36,744.42 36,925.70 181.28 ST
1,365.00
625.62
3.69
00
3
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3
1
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2
3
2
Account Detail
CLIENT STATEMENT For the Period June 1-30, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 20 of 30
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 2.373%; 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
100.062
100.017 30,020.40
30,018.65 30,005.10 (13.55)ST
750.00
343.74
2.49
Int. Semi-Annually Jan/Jul 15; Callable $100.00 on 04/15/21; Yield to Call 2.495%; 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
108.805
109.605 32,886.60
32,641.61 32,881.50 239.89 ST
1,575.00
669.37
4.78
Int. Semi-Annually Jan/Jul 27; Yield to Maturity 2.742%; 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
103.563
104.246 62,311.80
62,138.05 62,547.60 409.55 ST
2,070.00
603.75
3.30
Int. Semi-Annually Mar/Sep 15; Callable $100.00 on 06/15/21; Yield to Call 2.321%; 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
103.063
104.020 36,168.65
36,072.22 36,407.00 334.78 ST
1,173.00
341.97
3.22
Int. Semi-Annually Mar/Sep 15; Yield to Maturity 2.341%; 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
101.665
103.250 20,353.40
20,332.94 20,650.00 317.06 ST
650.00
52.36
3.14
Int. Semi-Annually Jun/Dec 01; Callable $100.00 on 09/01/21; Yield to Call 2.425%; 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
102.911 68,592.52
64,967.42 64,642.67 (324.75)ST
2,228.00
495.11
3.44
Interest Paid Quarterly Jul 10; Yield to Maturity 2.889%; Factor .41876102; Issued 04/29/10; Current Face 62,814.153; Asset Class: FI & Pref
SAYARRA LTD
Coupon Rate 2.575%; Matures 04/14/2022; CUSIP 805649AB6
6/7/17 125,000.000 101.430
101.430
100.990 58,540.74
58,540.74 58,286.78 (253.96)ST
1,486.00
251.82
2.54
Interest Paid Quarterly Oct 29; Yield to Maturity 2.355%; Factor .46172324; Issued 10/22/10; Current Face 57,715.405; 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
99.150 126,014.55
117,594.91 117,773.08 178.17 ST
2,376.00 2.01
Interest Paid Quarterly Sep 30; Yield to Maturity 2.141%; Factor .59391368; Issued 06/25/12; Current Face 118,782.736; 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 5,034,000.000 $4,934,229.54
$4,905,496.24 $4,912,851.58 $7,355.34 ST
$148,712.00
$35,354.98
3.03%
TOTAL CORPORATE FIXED INCOME
(includes accrued interest)
30.58%$4,948,206.56
Watchlist and CreditWatch Indicators: (*) = developing/uncertain (+) = On Watchlist/CreditWatch Upgrade (-) = On Watchlist/CreditWatch Downgrade
Account Detail
CLIENT STATEMENT For the Period June 1-30, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 21 of 30
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 1,950,000.000 $100.129
$100.101
$99.860 $1,952,520.21
$1,951,968.85 $1,947,270.00 $(4,698.85)ST
$19,500.00
$7,272.09
1.00
Int. Semi-Annually Feb/Aug 15; Yield to Maturity 1.225%; Moody AAA; Issued 02/15/15; Asset Class: FI & Pref
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
99.637 6,715,302.55
6,715,302.55 6,700,588.25 (14,714.30)ST
75,656.00
31,349.27
1.12
Int. Semi-Annually Jan/Jul 31; Yield to Maturity 1.357%; 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
100.034
99.887 975,346.13
975,334.64 973,898.25 (1,436.39)ST
14,625.00
1,828.12
1.50
Int. Semi-Annually May/Nov 15; Yield to Maturity 1.540%; Issued 05/15/17; Asset Class: FI & Pref
UNITED STATES TREASURY NOTE
Coupon Rate 1.500%; Matures 06/15/2020; CUSIP 912828XU9
6/27/17 150,000.000 99.950
99.950
99.859 149,924.40
149,924.40 149,788.50 (135.90)ST
2,250.00
92.21
1.50
Int. Semi-Annually Jun/Dec 15; Yield to Maturity 1.549%; Issued 06/15/17; 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
99.848 164,269.44
164,269.44 163,776.67 (492.77)ST
205.00
42.57
0.12
Int. Semi-Annually Apr/Oct 15; Factor 1.03161000; Moody AAA; Issued 04/15/16; Current Face 164,025.990; 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
101.594
101.223
101.595
101.671
102.026
99.523
99.523
99.523
18,220.09
18,287.00
6,073.36
6,095.67
6,100.23
6,121.58
18,010.15
6,003.38
6,003.38
(276.85)
(92.29)
(118.20)
ST
ST
ST
H
H
H
4/17/17 12,000.000 100.903
202.572
99.523 12,108.36
24,308.66 12,006.77 (12,301.89)ST
4/17/17 24,000.000 100.883
101.267
99.523 24,211.92
24,304.03 24,013.54 (290.49)ST
4/17/17 48,000.000 100.930
101.444
99.523 48,512.24
48,693.33 48,027.09 (666.24)ST
4/17/17 24,000.000 100.905
101.420
99.523 24,250.14
24,340.89 24,013.54 (327.35)ST
4/17/17 18,000.000 100.903
101.418
99.523 18,187.24
18,255.32 18,010.15 (245.17)ST
Total 156,000.000 157,663.58
170,406.48 156,088.05 (14,318.48)ST
196.00
40.70
0.12
Int. Semi-Annually Apr/Oct 15; Factor 1.00536000; Moody AAA; Issued 04/15/17; Current Face 156,836.160; Basis Adjustment Due to Wash Sale: $86.42; Asset Class: FI & Pref
00
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Account Detail
CLIENT STATEMENT For the Period June 1-30, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 22 of 30
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 1.750%; Matures 05/31/2022; CUSIP 912828XR6
5/31/17
6/2/17
6/6/17
150,000.000
150,000.000
150,000.000
99.996
99.996
100.145
100.143
100.176
100.174
99.414
99.414
99.414
149,994.60
149,994.60
150,217.35
150,214.37
150,264.15
150,260.80
149,121.00
149,121.00
149,121.00
(873.60)
(1,093.37)
(1,139.80)
ST
ST
ST
Total 450,000.000 450,476.10
450,469.77 447,363.00 (3,106.77)ST
7,875.00
645.49
1.76
Int. Semi-Annually May/Nov 30; Yield to Maturity 1.875%; Moody AAA; Issued 05/31/17; Asset Class: FI & Pref
TREASURY SECURITIES 10,565,000.000 $10,565,502.41
$10,577,676.13 $10,538,772.72 $(38,903.46)ST
$120,307.00
$41,270.45
1.14%
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
$101.862 $96,365.63
$96,162.90 $96,565.32 $402.42 ST
$2,455.00
$197.79
2.54
Interest Paid Monthly Apr 01; Yield to Maturity 2.071%; Factor .99789631; Issued 04/01/17; Current Face 94,800.149; 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
101.762 80,900.00
80,722.82 81,231.30 508.48 ST
2,036.00
163.97
2.50
Interest Paid Monthly Apr 01; Yield to Maturity 2.122%; Factor .99780991; Issued 04/01/17; Current Face 79,824.793; 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
100.718 221,340.63
221,094.21 221,332.91 238.70 ST
5,054.00
407.15
2.28
Interest Paid Monthly May 01; Yield to Maturity 2.132%; Factor .99888668; Issued 05/01/17; Current Face 219,755.070; 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
100.718 100,609.38
100,497.37 100,605.86 108.49 ST
2,297.00
185.07
2.28
Interest Paid Monthly May 01; Yield to Maturity 2.132%; Factor .99888668; Issued 05/01/17; Current Face 99,888.668; 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
100.260 59,940.60
59,897.90 60,113.14 215.24 ST
890.00
12.35
1.48
Interest Paid Monthly Jun 25; Yield to Maturity 1.444%; Floater; Factor .99928756; Issued 05/01/17; Current Face 59,957.254; Asset Class: FI & Pref
FEDERAL AGENCIES 555,000.000 $559,156.24
$558,375.20 $559,848.53 $1,473.33 ST
$12,732.00
$966.33
2.27%
Account Detail
CLIENT STATEMENT For the Period June 1-30, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 23 of 30
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 11,120,000.000 $11,124,658.65
$11,136,051.33 $11,098,621.25 $(37,430.13)ST
$133,039.00
$42,236.78
1.20%
TOTAL GOVERNMENT SECURITIES
(includes accrued interest)
68.86%$11,140,858.03
Percentage
of Holdings Total Cost Market Value
Unrealized
Gain/(Loss)
Est Ann Income
Accrued Interest
Current
Yield %
TOTAL MARKET VALUE $16,041,547.57 $16,101,125.75 $(30,074.79)ST $281,764.00
$77,591.76
1.74%
TOTAL VALUE (includes accrued interest)100.00%$16,178,717.51
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.
ALLOCATION OF ASSETS (^includes accrued interest)
Cash Equities
Fixed Income &
Preferred Securities Alternatives
Annuities &
Insurance
Structured
Investments Other
Cash, BDP, MMFs $89,652.92 ——————
Corporate Fixed Income^——$4,948,206.56 ————
Government Securities^——11,140,858.03 ————
TOTAL ALLOCATION OF ASSETS^$89,652.92 —$16,089,064.59 ————
00
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3
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Account Detail
CLIENT STATEMENT For the Period June 1-30, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 24 of 30
ACTIVITY
INVESTMENT RELATED ACTIVITY
PURCHASES, DIVIDEND REINVESTMENTS, SALES AND REDEMPTIONS
Activity
Date
Settlement
Date Activity Type Description Comments Quantity Price Credits/(Debits)
6/2 6/5 Sold US TSY NOTE 1000 18FB15 ACTED AS AGENT
ACCRUED INTEREST 455.80
150,000.000 $99.8864 $150,285.40
6/2 6/5 Bought US TSY NOTE 1750 22MY31 ACTED AS AGENT
ACCRUED INTEREST 35.86
150,000.000 100.1449 (150,253.21)
6/6 6/7 Sold US TSY NOTE 1000 18FB15 ACTED AS AGENT
ACCRUED INTEREST 309.39
100,000.000 99.8903 100,199.69
6/6 6/7 Bought US TSY NOTE 1750 22MY31 ACTED AS AGENT
ACCRUED INTEREST 50.20
150,000.000 100.1761 (150,314.35)
6/7 6/8 Sold US TSY NOTE 1000 18FB15 ACTED AS AGENT
ACCRUED INTEREST 187.29
60,000.000 99.8825 60,116.79
6/7 6/8 Sold US TSY NOTE 1000 18FB15 ACTED AS AGENT
ACCRUED INTEREST 93.65
30,000.000 99.8786 30,057.23
6/7 6/12 Bought SAYARRA LTD 2575 22AP14 ACTED AS AGENT
ACCRUED INTEREST 177.51
125,000.000 101.4300 (58,718.25)
6/7 6/12 Bought STATE STREET CORP 4375 21MH07 ACTED AS AGENT
ACCRUED INTEREST 346.35
30,000.000 107.9100 (32,719.35)
6/7 6/22 Sold FHLMC ARM 2B615 2883 47JN01 ACTED AS AGENT
ACCRUED INTEREST 201.78
a/o 05/24/17
120,000.000 102.2500 122,882.60
6/7 6/22 Cancel Sell FHLMC ARM 2B615 2883 47JN01 ACTED AS AGENT
ACCRUED INTEREST 201.81
a/o 05/24/17
120,000.000 102.2500 (122,901.81)
6/9 6/12 Sold US TSY NOTE 1000 18FB15 ACTED AS AGENT
ACCRUED INTEREST 161.60
50,000.000 99.8708 50,097.00
6/9 6/14 Bought AT&T INC 2450 *20JN30 ACTED AS AGENT
ACCRUED INTEREST 334.83
30,000.000 100.3450 (30,438.33)
6/13 6/16 Sold JOHN DEERE CAP 2200 20MH13 ACTED AS AGENT
ACCRUED INTEREST 305.86
55,000.000 101.0450 55,880.61
6/14 6/19 Bought BB&T CORP 2625 *20JN29 ACTED AS AGENT
ACCRUED INTEREST 371.87
30,000.000 101.9520 (30,957.47)
6/19 6/19 Redemption BECTON DICKINSON 1800 17DE15 REDEMPTION OF CALLED BOND
CUSIP: 075887BD0
35,000.000 100.2500 35,087.49
6/19 6/22 Bought JOHN DEERE CAP 1950 20JN22 ACTED AS AGENT 10,000.000 99.9390 (9,993.90)
6/19 6/26 Bought OVERSEAS PRIVATE 00000 19FB11 ACTED AS AGENT 40,000.000 100.0000 (40,000.00)
6/20 6/23 Bought ALEXANDRIA REAL 2750 *20JA15 ACTED AS AGENT
ACCRUED INTEREST 362.08
30,000.000 100.8350 (30,612.58)
6/22 6/21 Sold - Adjusted CONOCOPHILLIPS 5750 19FB01 ACTED AS AGENT
ACCRUED INTEREST 402.50
RATE ADJ-CALLED REDM 6-21
18,000.000 19,538.30
Account Detail
CLIENT STATEMENT For the Period June 1-30, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 25 of 30
PURCHASES, DIVIDEND REINVESTMENTS, SALES AND REDEMPTIONS (CONTINUED)
Activity
Date
Settlement
Date Activity Type Description Comments Quantity Price Credits/(Debits)
6/22 6/21 Cancel Call CONOCOPHILLIPS 5750 19FB01 ACTED AS AGENT
RATE CHANGE REVERSAL
18,000.000 (18,000.00)
6/27 6/28 Bought US TSY NOTE 1500 20JN15 ACTED AS AGENT
ACCRUED INTEREST 79.92
150,000.000 99.9496 (150,004.32)
6/30 6/30 Redemption PROLOGIS LP 2750 *19FB15 REDEMPTION OF CALLED BOND
CUSIP: 74340XAV3
55,000.000 103.0130 56,657.15
6/30 7/6 Sold UNITED TECHNOLOGI 1900 20MY04 ACTED AS AGENT
ACCRUED INTEREST 65.44
20,000.000 100.2350 20,112.44
TOTAL PURCHASES, DIVIDEND REINVESTMENTS, SALES AND REDEMPTIONS $(123,998.87)
TOTAL PURCHASES $(684,011.76)
TOTAL SALES AND REDEMPTIONS $560,012.89
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)
6/30 7/6 Sold UNITED TECHNOLOGI 1900 20MY04 UNSETTLED SALE 20,000.000 $100.2350 $20,112.44
NET UNSETTLED PURCHASES/SALES $20,112.44
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.
RETURN OF PRINCIPAL
Activity Date Activity Type Description Comments Credits/(Debits)
6/15 Return of Principal FHLMC ARM 2B615 2883 47JN01 CUSIP: 31326LZT5 $18.76
6/22 Return of Principal FHLMC ARM 2B615 2883 47JN01 ADJUSTMENT
CUSIP: 31326LZT5
(18.76)
6/26 Return of Principal FNMA 7BL AN5495 2300 22JA01 CUSIP: 3138LJC99 244.93
6/26 Return of Principal FNMA 7BL AN5496 2300 22JA01 CUSIP: 3138LJDA5 111.33
6/26 Return of Principal FNMA POOL AN5056 2590 21AP01 CUSIP: 3138LHTN4 93.10
6/26 Return of Principal FNMA POOL AN5051 2550 21NV01 CUSIP: 3138LHTH7 82.06
6/26 Return of Principal FNA 2017-M5 FA 1484 24APRG CUSIP: 3136AWWC7 42.75
6/30 Return of Principal SAFINA LTD 2000 23DE30 CUSIP: 78657AAB5 4,256.16
TOTAL RETURN OF PRINCIPAL $4,830.33
TAXABLE INCOME AND DISTRIBUTIONS
Activity Date Activity Type Description Comments Credits/(Debits)
6/1 Interest Income AVISTA CORP 5950 18JN01 CUSIP: 05379BAN7 $1,487.50
6/1 Interest Income DARTMOUTH COLLEGE 4750 19JN01 CUSIP: 89837RAA0 1,187.50
6/1 Interest Income UNITED DOMINION R 4250 18JN01 CUSIP: 91019PCS9 1,062.50
6/1 Interest Income PUBLIC SERVC COLO 5125 19JN01 CUSIP: 744448CC3 1,050.63
6/1 Interest Income CENTERPOINT ENERG 1850 *21JN01 CUSIP: 15189XAP3 462.50
6/1 Interest Income EQUIFAX INC 2300 *21JN01 CUSIP: 294429AK1 402.50
6/1 Interest Income NORFOLK SOUTHERN 3250 *21DE01 CUSIP: 655844BG2 325.00
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Account Detail
CLIENT STATEMENT For the Period June 1-30, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 26 of 30
TAXABLE INCOME AND DISTRIBUTIONS (CONTINUED)
Activity Date Activity Type Description Comments Credits/(Debits)
6/1 Interest Income NORTHROP CORP 1750 18JN01 CUSIP: 666807BF8 306.25
6/7 Interest Income JPMORGAN CHASE 2400 *21JN07 CUSIP: 46625HRT9 360.00
6/7 Interest Income CITIGROUP INC 2050 18DE07 CUSIP: 172967KE0 307.50
6/7 Interest Income CITIGROUP INC 2050 19JN07 CUSIP: 172967KS9 307.50
6/8 Interest Income ECOLAB INC 1450 17DE08 CUSIP: 278865AP5 362.50
6/9 Interest Income JPMORGAN CHASE 16562 21MH09 CUSIP: 46647PAC0 169.30
6/13 Interest Income KEYCORP 2300 *18DE13 CUSIP: 49326EEE9 345.00
6/14 Interest Income VERIZON COMM 28712 18SP14 CUSIP: 92343VBM5 256.81
6/15 Interest Income NORFOLK SOUTHERN 5900 19JN15 CUSIP: 655844BC1 1,209.50
6/15 Interest Income ERP OPERATING-LP 4750 *20JL15 CUSIP: 26884AAY9 1,187.50
6/15 Interest Income FISERV, INC. 4750 21JN15 CUSIP: 337738AL2 712.50
6/15 Interest Income DUKE ENERGY CAROL 4300 20JN15 CUSIP: 26442CAJ3 645.00
6/15 Interest Income MARATHON PETROLEU 3400 *20DE15 CUSIP: 56585AAL6 595.00
6/15 Interest Income WEC EGY GROUP INC 1650 18JN15 CUSIP: 976657AJ5 412.50
6/15 Interest Income THERMO FISHER SCI 2150 18DE14 CUSIP: 883556BL5 376.25
6/15 Interest Income BECTON DICKINSON 1800 17DE15 CUSIP: 075887BD0 315.00
6/15 Interest Income CARDINAL HEALTH 1950 18JN15 CUSIP: 14149YBC1 292.50
6/15 Interest Income FHLMC ARM 2B615 2883 47JN01 CUSIP: 31326LZT5 288.30
6/15 Interest Income MARATHON PETROLEU 2700 18DE14 CUSIP: 56585AAK8 270.00
6/16 Interest Income MORGAN STANLEY 2800 20JN16 CUSIP: 61761JB32 420.00
6/21 Interest Income-Adj BECTON DICKINSON 1800 17DE15
REDEMPTION OF CALLED BOND
ACCRUED INTEREST PAID
CUSIP: 075887BD0 7.00
6/22 Interest Income-Adj FHLMC ARM 2B615 2883 47JN01
REVERSE INTEREST PAYMENT
CUSIP: 31326LZT5 (288.30)
6/26 Interest Income FNMA 7BL AN5495 2300 22JA01 CUSIP: 3138LJC99 435.72
6/26 Interest Income FNMA POOL AN5056 2590 21AP01 CUSIP: 3138LHTN4 211.63
6/26 Interest Income FNMA 7BL AN5496 2300 22JA01 CUSIP: 3138LJDA5 198.05
6/26 Interest Income FNMA POOL AN5051 2550 21NV01 CUSIP: 3138LHTH7 175.46
6/26 Interest Income FNA 2017-M5 FA 1484 24APRG CUSIP: 3136AWWC7 76.67
6/29 Interest Income BB&T CORP 2625 *20JN29 CUSIP: 05531FAU7 393.75
6/30 Interest Income SAFINA LTD 2000 23DE30 CUSIP: 78657AAB5 615.19
6/30 Interest Income AT&T INC 2450 *20JN30 CUSIP: 00206RCL4 367.50
6/30 Interest Income MORGAN STANLEY PRIVATE BANK NA
(Period 06/01-06/30)
0.67
TOTAL TAXABLE INCOME AND DISTRIBUTIONS $17,310.38
TOTAL INTEREST $17,310.38
Account Detail
CLIENT STATEMENT For the Period June 1-30, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 27 of 30
CASH RELATED ACTIVITY
ELECTRONIC TRANSFERS
Check disbursements from branch offices are displayed as Electronic Transfers.
Activity Date Activity Type Description Comments Credits/(Debits)
6/23 Funds Transferred WIRED FUNDS SENT BENE: TRUST WIRE CLEARING
ACCT: XXXXXXXXXXXXX4321
$(5,397.39)
TOTAL ELECTRONIC TRANSFERS $(5,397.39)
TOTAL ELECTRONIC TRANSFERS-DEBITS $(5,397.39)
OTHER CREDITS AND DEBITS
Activity Date Activity Type Description Comments Credits/(Debits)
6/26 Service Fee Adj DEPOSIT/WITHDRAWAL ADJ $0.21
TOTAL OTHER CREDITS AND DEBITS $0.21
TOTAL OTHER DEBITS $0.21
MONEY MARKET FUND (MMF) AND BANK DEPOSIT PROGRAM ACTIVITY
Activity
Date Activity Type Description Credits/(Debits)
6/1 Automatic Investment BANK DEPOSIT PROGRAM $6,284.38
6/2 Automatic Redemption BANK DEPOSIT PROGRAM (5,449.19)
6/6 Automatic Investment BANK DEPOSIT PROGRAM 32.19
6/7 Automatic Redemption BANK DEPOSIT PROGRAM (49,139.66)
6/8 Automatic Investment BANK DEPOSIT PROGRAM 362.50
6/9 Automatic Investment BANK DEPOSIT PROGRAM 90,343.32
6/12 Automatic Redemption BANK DEPOSIT PROGRAM (41,340.60)
6/13 Automatic Investment BANK DEPOSIT PROGRAM 345.00
6/14 Automatic Redemption BANK DEPOSIT PROGRAM (30,438.33)
6/15 Automatic Investment BANK DEPOSIT PROGRAM 6,291.32
6/16 Automatic Investment BANK DEPOSIT PROGRAM 708.30
6/19 Automatic Investment BANK DEPOSIT PROGRAM 24,923.14
6/20 Automatic Investment BANK DEPOSIT PROGRAM 35,087.49
6/22 Automatic Investment BANK DEPOSIT PROGRAM 18,007.00
6/23 Automatic Investment BANK DEPOSIT PROGRAM 78,109.97
6/26 Automatic Redemption BANK DEPOSIT PROGRAM (39,349.16)
6/27 Automatic Investment BANK DEPOSIT PROGRAM 1,021.07
6/28 Automatic Redemption BANK DEPOSIT PROGRAM (150,004.32)
6/29 Automatic Investment BANK DEPOSIT PROGRAM 393.75
6/30 Automatic Investment BANK DEPOSIT PROGRAM 57,639.84
6/30 Automatic Investment BANK DEPOSIT PROGRAM 0.67
NET ACTIVITY FOR PERIOD $3,828.68
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CLIENT STATEMENT For the Period June 1-30, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 28 of 30
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
BECTON DICKINSON 1.800 12-15-17 03/07/17 06/19/17 35,000.000 $35,087.49 $35,051.36 $36.13
CONOCOPHILLIPS 5 3/4 2-01-19 03/28/17 05/23/17 11,000.000 11,694.10 11,664.12 29.98
03/28/17 05/23/17 7,000.000 7,441.70 7,422.63 19.07
FHLMC ARM 2B615 2.883 6-01-47 04/24/17 05/24/17 120,000.000 122,680.82 123,013.57 (332.75)
FNA 2017-M5 FA 1.484 4-25-24 05/09/17 06/25/17 42.750 42.75 42.71 0.04
FNMA 7BL AN5495 2.300 1-01-22 04/13/17 06/25/17 244.930 244.93 246.42 (1.49)
FNMA 7BL AN5496 2.300 1-01-22 04/13/17 06/25/17 111.330 111.33 112.01 (0.68)
FNMA POOL AN5051 2.550 11-01-21 03/27/17 06/25/17 82.060 82.06 82.98 (0.92)
FNMA POOL AN5056 2.590 4-01-21 03/27/17 06/25/17 93.100 93.10 94.44 (1.34)
JOHN DEERE CAP 2.200 3-13-20 03/10/17 06/13/17 55,000.000 55,574.75 54,957.10 617.65
PROLOGIS LP 2 3/4 2-15-19 02/02/17 06/30/17 30,000.000 30,903.90 30,393.82 510.08
03/07/17 06/30/17 25,000.000 25,753.25 25,294.35 458.90
SAFINA LTD 2.000 12-30-23 01/31/17 06/30/17 4,256.160 4,256.16 4,213.60 42.56
UNITED TECHNOLOGI 1.900 5-04-20 05/01/17 06/30/17 20,000.000 20,047.00 19,990.20 56.80
US TSY NOTE 1.000 2-15-18 01/31/17 06/02/17 150,000.000 149,829.60 150,130.23 (300.63)
01/31/17 06/06/17 100,000.000 99,890.30 100,085.98 (195.68)
01/31/17 06/07/17 60,000.000 59,929.50 60,051.38 (121.88)
01/31/17 06/07/17 30,000.000 29,963.58 30,025.70 (62.12)
01/31/17 06/09/17 50,000.000 49,935.40 50,042.13 (106.73)
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 6,066.45 (12.15)>
04/13/17 04/17/17 6,000.000 6,054.30 6,066.45 (12.15)W
Disallowed Loss Based On Wash Sale: $86.42; Basis Adjustment Due To Wash Sale: $25.67
Short-Term This Period $561,745.10 $560,814.41 $930.69
Short-Term Year to Date $7,795,206.82 $7,790,450.55 $4,756.27
Net Realized Gain/(Loss) This Period $561,745.10 $560,814.41 $930.69
Net Realized Gain/(Loss) Year to Date $19,399,174.28 $19,474,361.54 $(75,187.26)
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.
Account Detail
CLIENT STATEMENT For the Period June 1-30, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 29 of 30
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.
Senior Investor Helpline
For any inquiries or comments or potential concerns, senior investors or someone acting on their behalf may contact our Firm by calling (800) 280-4534.
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Firm Discretion Select UMA CGCM Target Date Model Available in Non-Retirement Accounts
Beginning on or about August 14, 2017, the CGCM Target Date Model will be available in the Firm Discretion Select UMA program to clients that are not retirement plans. This Model is currently available only to
clients that are retirement plans. Clients that select the CGCM Target Date Model will be able to select from several Firm Discretion portfolios that Morgan Stanley will select (and change from time to time) based on
various targeted retirement dates. If a client makes this selection, Morgan Stanley will restrict selection of investment products to Consulting Group Capital Markets Funds mutual funds (which are affiliated with Morgan
Stanley), except that the Sweep Investment will not be a Consulting Group Capital Markets Funds mutual fund. Morgan Stanley may prohibit accounts that have selected a CGCM Target Date Model from changing to
a model that is not a CGCM Target Date Model, without adjusting the fee.
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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