10 - July 2017TOTAL VALUE OF YOUR ACCOUNTS (as of 7/31/17)$16,216,137.14
Includes Accrued Interest
CLIENT STATEMENT For the Period July 1-31, 2017
660 - 110000 - 095 -1 - 0
STATEMENT PACKAGE FOR:
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Morgan Stanley Smith Barney LLC. Member SIPC.
Access Your Account s Online: www.morganstanley.com/online
Your Financial Advisor Team
BAGWELL/BRIDGES/TAYLOR
407-849-4700
Your Branch
201 E. PINE ST 11TH FL
ORLANDO, FL 32801
Telephone:407-849-4700 ; Alt. Phone:800-869-0007 ; Fax:407-849-4797
Client Service Center (24 Hours a Day; 7 Days a Week): 800-869-3326
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Standard Disclosures
CLIENT STATEMENT For the Period July 1-31, 2017 Page 2 of 26
The following Disclosures are applicable to the enclosed statement(s).
Expanded Disclosures are attached to your most recent June and
December statement (or your first Statement if you have not received a
statement for those months). The Expanded Disclosures are also
available by selecting Account Documents when you log on to
www.morganstanley.com/online or, call 800-869-3326.
Questions?
Questions regarding your account may be directed to your Financial
Advisor or the Branch Manager of the office where you maintain your
account, using the contact information on the statement cover page, or
the Client Service Center at (800) 869-3326.
Errors and Inquiries
Be sure to review your statement promptly, and immediately address
any concerns regarding entries that you do not understand or believe
were made in error by contacting the Branch Manager of the office
where you maintain your account. Oral communications regarding any
inaccuracy or discrepancy in this statement should be re-confirmed in
writing to further protect your rights, including rights under the
Securities Investor Protection Act (SIPA). Your statement will be
deemed correct unless we receive a written inquiry of a suspected
error. See your account documentation for special rules regarding your
rights and responsibilities with respect to erroneous electronic fund
transfers, including a description of the transfers covered. For concerns
or complaints, contact our Client Relations Department at (866)
227-2256.
Senior Investor Helpline
For concerns or complaints, Senior Investors may contact our Firm by
calling (800) 280-4534.
Availability of Free Credit Balances and Financial Statements
Under the customer protection rules of the SEC [17 CFR
§240.15c3-3], we may use funds comprising free credit balances
carried for customer accounts here, provided that these funds are
payable to customers on demand (i.e., are free of a lien or right of
set-off in our favor or on behalf of some third party to whom you have
given control). A financial statement of this organization is available for
your personal inspection at its offices, or a copy will be mailed to you
upon your written request.
Listed Options
Information with respect to commissions and other charges related to
the execution of options transactions has been included in
confirmations of such transactions previously furnished to you and such
information will be made available to you promptly at your request.
Promptly advise us of any material change in your investment
objectives or financial situation.
Important Information if you are a Margin Customer (not available for
certain retirement accounts)
If you have margin privileges, you may borrow money from us in
exchange for pledging assets in your accounts as collateral for any
outstanding margin loan. The amount you may borrow is based on the
value of the eligible securities in your margin accounts. If a security has
eligible shares, the number of shares pledged as collateral will be
indicated below the position.
Margin Interest Charges
We calculate interest charges on margin loans as follows: (1) multiply
the applicable margin interest rate by the daily close of business net
settled debit balance, and (2) divide by 360 (days). Margin interest
accrues daily throughout the month and is added to your debit balance
at month-end. The month-end interest charge is the sum of the daily
accrued interest calculations for the month. We add the accrued
interest to your debit balance and start a new calculation each time the
applicable interest rate changes and at the close of every statement
month. For interest rate information, log into your Morgan Stanley
account at morganstanley.com/online. Select your account with a
Margin agreement and click Interest Rates for more information.
Information regarding Special Memorandum Account
If you have a Margin Account, this is a combined statement of your
Margin Account and Special Memorandum Account maintained for you
under Section 220.5 of Regulation T issued by the Board of Governors
of the Federal Reserve System. The permanent record of the Special
Memorandum Account as required by Regulation T is available for your
inspection at your request.
Important Information About Auction Rate Securities
For certain Auction Rate Securities there is no or limited liquidity.
Therefore, the price(s) for these Auction Rate Securities are indicated
by N/A (not available). There can be no assurance that a successful
auction will occur or that a secondary market exists or will develop for
a particular security.
Structured Investments Risks and Considerations
Structured Investments (Structured Products) are complex products and
may be subject to special risks. Investors should consider the
concentration risk of owning the related security and their total
exposure to any underlying asset. Structured Investments, which may
appear in various statement product categories and are identified on
the Position Description Details line as “Asset Class: Struct Inv,” may
not perform in a manner consistent with the statement product
category where they appear and therefore may not satisfy portfolio
asset allocation needs for that category. For information on the risks
and conflicts of interest related to Structured Investments generally, log
in to Morgan Stanley Online and go to
www.morganstanley.com/structuredproductsrisksandconflicts.
Security Measures
This statement features several embedded security elements to
safeguard its authenticity. One is a unique security mark-a blue
rectangle printed in heat-sensitive ink on the back of every page. When
exposed to warmth, the blue rectangle will disappear, and then
reappear.
SIPC Protection
We are a member of Securities Investor Protection Corporation (SIPC),
which protects securities of its customers up to $500,000 (including
$250,000 for claims for cash). An explanatory brochure is available
upon request or at www.sipc.org. Losses due to market fluctuation are
not protected by SIPC and assets not held with us may not be covered
by SIPC protection. To obtain information about SIPC, including an
explanatory SIPC brochure, contact SIPC at 1-202-371-8300 or visit
www.sipc.org.
Transaction Dates and Conditions
Upon written request, we will furnish the date and time of a transaction
and the name of the other party to a transaction. We and/or our
affiliates may accept benefits that constitute payment for order flow.
Details regarding these benefits and the source and amount of any
other remuneration received or to be received by us in connection with
any transaction will be furnished upon written request.
Equity Research Ratings Definitions and Global Investment Manager
Analysis Status
Some equity securities may have research ratings from Morgan Stanley
& Co. LLC or Morningstar, Inc. Research ratings are the research
providers’ opinions and not representations or guarantees of
performance. For more information about each research provider's
rating system, see the Research Ratings on your most recent June or
December statement (or your first statement if you have not received a
statement for those months), go to www.morganstanley.com/online or
refer to the research provider’s research report. Research reports
contain more complete information concerning the analyst's views and
you should read the entire research report and not infer its contents
from the rating alone. If your account contains an advisory component
or is an advisory account, a GIMA status will apply.
Credit Ratings from Moody's Investors Service and Standard & Poor's
The credit rating from Moody's Investors Service and Standard & Poor's
may be shown for certain securities. All credit ratings represent the
opinions of the provider and are not representations or guarantees of
performance. Your Financial Advisor will be pleased to provide you with
further information or assistance in interpreting these credit ratings.
Revised 01/2017
CONSOLIDATED
SUMMARY
PERSONAL
ACCOUNTS
RETIREMENT
ACCOUNTS
EDUCATION
ACCOUNTS
TRUST
ACCOUNTS
BUSINESS
ACCOUNTS
Consulting and Evaluation Services Active Assets Account
660-110000-095
CHANGE IN VALUE OF YOUR ACCOUNTS (includes accrued interest)
This Period
(7/1/17-7/31/17)
This Year
(1/1/17-7/31/17)
TOTAL BEGINNING VALUE $16,178,717.51 $16,100,433.59
Credits 21.64 1,860.65
Debits (7,340.26)(25,228.51)
Security Transfers ——
Net Credits/Debits/Transfers $(7,318.62)$(23,367.86)
Change in Value 44,738.25 139,071.41
TOTAL ENDING VALUE $16,216,137.14 $16,216,137.14
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 July 1-31, 2017
Account Summary
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
This asset allocation represents holdings on a trade date basis, and projected settled Cash/ BDP and
MMF balances. These classifications do not constitute a recommendation and may differ from the
classification of instruments for regulatory or tax purposes.
JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL
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18
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This chart does not reflect corrections to Market Value made subsequent to the dates depicted. It may
exclude transactions in Annuities or positions where we are not the custodian, which could delay the
reporting of Market Value.
2016 2017
Page 3 of 26
ASSET ALLOCATION (includes accrued interest)
Cash
Fixed Income & Preferreds
Market Value Percentage
Cash $133,888.19 0.83
Fixed Income & Preferreds 16,082,248.95 99.17
TOTAL VALUE $16,216,137.14 100.00%
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 July 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 4 of 26
BALANCE SHEET (^ includes accrued interest)
Last Period
(as of 6/30/17)
This Period
(as of 7/31/17)
Cash, BDP, MMFs $69,540.48 $163,883.39
Corporate Fixed Income^4,948,206.56 4,958,243.51
Government Securities^11,140,858.03 11,124,005.44
Net Unsettled Purchases/Sales 20,112.44 (29,995.20)
Total Assets $16,178,717.51 $16,216,137.14
Total Liabilities (outstanding balance)——
TOTAL VALUE $16,178,717.51 $16,216,137.14
CASH FLOW
This Period
(7/1/17-7/31/17)
This Year
(1/1/17-7/31/17)
OPENING CASH, BDP, MMFs $69,540.48 $4,239,844.93
Purchases (391,536.05)(23,976,670.03)
Dividend Reinvestments —(22,669.13)
Sales and Redemptions 386,248.03 19,739,250.54
Prior Net Unsettled Purch/Sales 20,112.44 N/A
Net Unsettled Purch/Sales 29,995.20 29,995.20
Return of Principal 6,920.29 19,703.98
Income and Distributions 49,921.62 157,795.76
Total Investment Related Activity $101,661.53 $(4,052,593.68)
Electronic Transfers-Credits 21.64 21.64
Electronic Transfers-Debits —(5,397.39)
Other Credits —1,839.01
Other Debits (7,340.26)(19,831.12)
Total Cash Related Activity $(7,318.62)$(23,367.86)
Total Card/Check Activity ——
CLOSING CASH, BDP, MMFs $163,883.39 $163,883.39
Account Summary
CLIENT STATEMENT For the Period July 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 5 of 26
INCOME AND DISTRIBUTION SUMMARY
This Period
(7/1/17-7/31/17)
This Year
(1/1/17-7/31/17)
Other Dividends —$22,463.64
Interest 49,921.62 117,150.10
Total Taxable Income And Distributions $49,921.62 $139,613.74
Total Tax-Exempt Income ——
TOTAL INCOME AND DISTRIBUTIONS $49,921.62 $139,613.74
Taxable and tax exempt income classifications are based on the characteristics of the underlying
securities and not the taxable status of the account.
GAIN/(LOSS) SUMMARY
Realized This Period
(7/1/17-7/31/17)
Realized This Year
(1/1/17-7/31/17)
Unrealized
Inception to Date
(as of 7/31/17)
Short-Term Gain $754.05 $12,992.48 $22,362.05
Short-Term (Loss)(694.86)(8,744.00)(27,391.70)
Total Short-Term $59.19 $4,248.48 $(5,029.65)
Long-Term Gain —10,958.01 —
Long-Term (Loss)—(90,901.54)—
Total Long-Term —$(79,943.53)—
TOTAL GAIN/(LOSS)$59.19 $(75,695.05)$(5,029.65)
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
(7/1/17-7/31/17)
This Year
(1/1/17-7/31/17)Category
This Period
(7/1/17-7/31/17)
This Year
(1/1/17-7/31/17)
Accrued Interest Paid $308.44 $61,526.79 Accrued Interest Received 1,433.46 16,479.78
U.S. Treasury Coupon Interest 37,828.13 61,030.15
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CLIENT STATEMENT For the Period July 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
Investment Objectives †: Income,Capital Appreciation,Aggressive Income,Speculation Investment Advisory Account
Manager:GALLIARD CAPITAL MANAGEMENT, INC.
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 6 of 26
† Inform us if your investment objectives, as defined in the Expanded Disclosures, change.
HOLDINGS
This section reflects positions purchased/sold on a trade date basis. "Market Value" and "Unrealized Gain/(Loss)" may not reflect the value that could be obtained in the market. Fixed Income securities are sorted
by maturity or pre-refunding date, and alphabetically within date. Estimated Annual Income a) is calculated on a pre-tax basis, b) does not include any reduction for applicable non-US withholding taxes, c) may
include return of principal or capital gains which could overstate such estimates, and d) for securities that have a defined maturity date within the next 12 months, is reflected only through maturity date. Actual
income or yield may be lower or higher than the estimates. Current yield reflects the income generated by an investment, and does not reflect changes in its price. Structured Investments, identified on the
Position Description Details line as "Asset Class: Struct Inv," may appear in various statement product categories. When displayed, the accrued interest, annual income and current yield for those with a
contingent income feature (e.g., Range Accrual Notes or Contingent Income Notes) are estimates and assume specified accrual conditions are met during the relevant period and payment in full of all contingent
interest. For Floating Rate Securities, the accrued interest, annual income and current yield are estimates based on the current floating coupon rate and may not reflect historic rates within the accrual period.
CASH, BANK DEPOSIT PROGRAM AND MONEY MARKET FUNDS
Cash, Bank Deposit Program, and Money Market Funds are generally displayed on a settlement date basis. You have the right to instruct us to liquidate your bank deposit balance(s) or shares of any money market
fund balance(s) at any time and have the proceeds of such liquidation remitted to you. Estimated Annual Income, Accrued Interest, and APY% will only be displayed for fully settled positions.
Description Market Value
7-Day
Current Yield %Est Ann Income APY %
CASH $3,088.79
MORGAN STANLEY PRIVATE BANK NA #160,794.60 —32.00 0.020
Percentage
of Holdings Market Value Est Ann Income
CASH, BDP, AND MMFs $163,883.39 $32.00
NET UNSETTLED PURCHASES/SALES $(29,995.20)
CASH, BDP, AND MMFs (PROJECTED SETTLED BALANCE)0.83%$133,888.19
# Bank Deposits are held at Morgan Stanley Bank, N.A. and/or Morgan Stanley Private Bank, National Association, affiliates of Morgan Stanley Smith Barney LLC and each a national bank and FDIC member.
The “Projected Settled Balance” includes accrued interest on deposits and reflects the impact of unsettled purchases/sales.
Account Detail
CLIENT STATEMENT For the Period July 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 7 of 26
CORPORATE FIXED INCOME
CORPORATE BONDS
Security Description Trade Date Face Value
Orig Unit Cost
Adj Unit Cost Unit Price
Orig Total Cost
Adj Total Cost Market Value
Unrealized
Gain/(Loss)
Est Ann Income
Accrued Interest
Current
Yield %
ECOLAB INC
Coupon Rate 1.450%; Matures 12/08/2017; CUSIP 278865AP5
3/2/17 50,000.000 $99.929
$99.929
$99.976 $49,964.50
$49,964.50 $49,988.00 $23.50 ST
$363.00
$106.73
0.72
Int. Semi-Annually Jun/Dec 08; Yield to Maturity 1.515%; 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
100.102
100.100 30,056.10
30,030.59 30,030.00 (0.59)ST
281.00
40.62
0.93
Int. Semi-Annually Jan/Jul 05; Yield to Maturity 1.637%; 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
100.193
100.086 55,190.85
55,106.39 55,047.30 (59.09)ST
550.00
—
0.99
Int. Semi-Annually Jan/Jul 31; Callable $100.00 on 12/31/17; Yield to Call 1.789%; 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
100.072
100.089 50,062.00
50,036.24 50,044.50 8.26 ST
825.00
380.41
1.64
Int. Semi-Annually Feb/Aug 15; Callable $100.00 on 01/15/18; Yield to Call 1.452%; 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
100.122
100.148 35,058.80
35,042.71 35,051.80 9.09 ST
700.00
322.77
1.99
Int. Semi-Annually Feb/Aug 15; Callable $100.00 on 01/15/18; Yield to Call 1.671%; 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
102.155
102.210 46,642.95
45,969.76 45,994.50 24.74 ST
2,363.00
984.37
5.13
Int. Semi-Annually Mar/Sep 01; Yield to Maturity 1.430%; 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
102.213
102.221 33,189.44
32,708.00 32,710.72 2.72 ST
1,712.00
713.33
5.23
Int. Semi-Annually Mar/Sep 01; Yield to Maturity 1.509%; 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
102.295
102.398 36,300.60
35,803.12 35,839.30 36.18 ST
1,855.00
700.77
5.17
Int. Semi-Annually Mar/Sep 15; Yield to Maturity 1.413%; 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
100.596 200,000.00
200,000.00 201,192.00 1,192.00 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
102.382
102.461 51,757.00
51,190.87 51,230.50 39.63 ST
2,550.00
750.83
4.97
Int. Semi-Annually Apr/Oct 15; Yield to Maturity 1.575%; 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
102.604
102.671 31,311.60
30,781.24 30,801.30 20.06 ST
1,635.00
481.41
5.30
Int. Semi-Annually Apr/Oct 15; Yield to Maturity 1.623%; Moody AA2 S&P A+; Issued 10/17/03; Asset Class: FI & Pref
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CLIENT STATEMENT For the Period July 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 8 of 26
Security Description Trade Date Face Value
Orig Unit Cost
Adj Unit Cost Unit Price
Orig Total Cost
Adj Total Cost Market Value
Unrealized
Gain/(Loss)
Est Ann Income
Accrued Interest
Current
Yield %
BANK OF AMERICA NA
Coupon Rate 5.650%; Matures 05/01/2018; CUSIP 06051GDX4
2/24/17 30,000.000 104.534
102.911
102.815 31,360.20
30,873.32 30,844.50 (28.82)ST
1,695.00
423.75
5.49
Int. Semi-Annually May/Nov 01; Yield to Maturity 1.849%; 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
102.995
103.081 52,299.50
51,497.38 51,540.50 43.12 ST
2,825.00
706.25
5.48
Int. Semi-Annually May/Nov 01; Yield to Maturity 1.500%; 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
102.693
102.752 51,983.00
51,346.25 51,376.00 29.75 ST
2,650.00
662.50
5.15
Int. Semi-Annually May/Nov 01; Yield to Maturity 1.591%; 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
99.961 34,932.10
34,932.10 34,986.35 54.25 ST
578.00
134.74
1.65
Int. Semi-Annually May/Nov 07; Yield to Maturity 1.700%; 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
103.084
103.088 31,392.90
30,925.09 30,926.40 1.31 ST
1,650.00
348.33
5.33
Int. Semi-Annually May/Nov 15; Yield to Maturity 1.543%; 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
103.309
103.185 31,595.10
30,992.64 30,955.50 (37.14)ST
1,740.00
367.33
5.62
Int. Semi-Annually May/Nov 15; Yield to Maturity 1.714%; 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
103.421
103.663 52,302.00
51,710.67 51,831.50 120.83 ST
2,975.00
495.83
5.73
Int. Semi-Annually Jun/Dec 01; Yield to Maturity 1.507%; 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
100.141
100.120 35,073.15
35,049.26 35,042.00 (7.26)ST
613.00
102.08
1.74
Int. Semi-Annually Jun/Dec 01; Yield to Maturity 1.604%; 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
102.122
102.407
101.995
102.049
102.049
25,796.25
25,530.39
25,601.75
25,498.87
25,512.25
25,512.25
(18.14)
13.38
ST
ST
Total 50,000.000 51,398.00
51,029.26 51,024.50 (4.76)ST
2,125.00
354.16
4.16
Int. Semi-Annually Jun/Dec 01; Yield to Maturity 1.760%; 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
100.212
100.252 30,097.20
30,063.71 30,075.60 11.89 ST
585.00
74.75
1.94
Int. Semi-Annually Jun/Dec 15; Yield to Maturity 1.657%; 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
100.060 49,908.50
49,908.50 50,030.00 121.50 ST
825.00
105.41
1.64
Int. Semi-Annually Jun/Dec 15; Yield to Maturity 1.580%; Moody A3 S&P BBB+; Issued 06/10/15; Asset Class: FI & Pref
Account Detail
CLIENT STATEMENT For the Period July 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 9 of 26
Security Description Trade Date Face Value
Orig Unit Cost
Adj Unit Cost Unit Price
Orig Total Cost
Adj Total Cost Market Value
Unrealized
Gain/(Loss)
Est Ann Income
Accrued Interest
Current
Yield %
PACIFICORP
Coupon Rate 5.650%; Matures 07/15/2018; CUSIP 695114CH9
3/1/17 30,000.000 105.348
103.762
103.755 31,604.40
31,128.58 31,126.50 (2.08)ST
1,695.00
75.33
5.44
Int. Semi-Annually Jan/Jul 15; Yield to Maturity 1.672%; 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
101.001
101.084 30,409.80
30,300.18 30,325.20 25.02 ST
870.00
28.99
2.86
Int. Semi-Annually Jan/Jul 19; Yield to Maturity 1.764%; 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
101.687
101.834 35,789.60
35,590.62 35,641.90 51.28 ST
1,047.00
136.69
2.93
Interest Paid Quarterly Dec 14; Yield to Maturity 1.334%; 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
103.869
103.893 31,552.20
31,160.83 31,167.90 7.07 ST
1,575.00
524.99
5.05
Int. Semi-Annually Apr/Oct 01; Yield to Maturity 1.859%; 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
100.783
100.934 30,329.10
30,234.88 30,280.20 45.32 ST
765.00
225.24
2.52
Int. Semi-Annually Apr/Oct 15; Callable $100.00 on 09/15/18; Yield to Call 1.705%; 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
102.129
102.081 25,727.00
25,532.18 25,520.25 (11.93)ST
925.00
195.27
3.62
Int. Semi-Annually May/Nov 15; Callable $100.00 on 08/15/18; Yield to Call 1.671%; 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
100.169
100.388 30,059.70
30,050.71 30,116.40 65.69 ST
615.00
92.25
2.04
Int. Semi-Annually Jun/Dec 07; Yield to Maturity 1.757%; 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
100.506
100.675 30,197.40
30,151.71 30,202.50 50.79 ST
690.00
91.99
2.28
Int. Semi-Annually Jun/Dec 13; Callable $100.00 on 11/13/18; Yield to Call 1.765%; 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
100.960
101.034 20,217.40
20,191.94 20,206.80 14.86 ST
540.00
69.00
2.67
Int. Semi-Annually Jun/Dec 15; Yield to Maturity 1.930%; 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
100.509
100.501 35,214.20
35,178.06 35,175.35 (2.71)ST
753.00
96.15
2.14
Int. Semi-Annually Jun/Dec 15; Yield to Maturity 1.777%; 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
101.068
101.024 35,479.85
35,373.65 35,358.40 (15.25)ST
910.00
40.44
2.57
Int. Semi-Annually Jan/Jul 15; Yield to Maturity 1.883%; 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
100.836
101.126 30,330.60
30,250.79 30,337.80 87.01 ST
788.00
—
2.59
Int. Semi-Annually Jan/Jul 31; Yield to Maturity 1.860%; Moody A3 S&P BBB+; Issued 01/31/14; Asset Class: FI & Pref
00
4
2
3
9
M
S
A
D
D
2
2
1
Account Detail
CLIENT STATEMENT For the Period July 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 10 of 26
Security Description Trade Date Face Value
Orig Unit Cost
Adj Unit Cost Unit Price
Orig Total Cost
Adj Total Cost Market Value
Unrealized
Gain/(Loss)
Est Ann Income
Accrued Interest
Current
Yield %
ANHEUSER-BUSCH INBEV FIN
Coupon Rate 1.900%; Matures 02/01/2019; CUSIP 035242AG1
5/19/17 35,000.000 100.274
100.244
100.440 35,095.90
35,085.43 35,154.00 68.57 ST
665.00
332.50
1.89
Int. Semi-Annually Feb/Aug 01; Yield to Maturity 1.602%; 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
105.627
105.826 7,480.06
7,393.91 7,407.82 13.91 ST
403.00
201.25
5.44
Int. Semi-Annually Feb/Aug 01; Yield to Maturity 1.796%; 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
100.635
100.845 30,250.20
30,190.39 30,253.50 63.11 ST
735.00
367.50
2.42
Int. Semi-Annually Feb/Aug 01; Yield to Maturity 1.876%; 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
100.668
100.777 25,219.75
25,167.12 25,194.25 27.13 ST
550.00
275.00
2.18
Int. Semi-Annually Feb/Aug 01; Callable $100.00 on 11/01/18; Yield to Call 1.569%; 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
107.162
107.035 38,209.50
37,506.68 37,462.25 (44.43)ST
2,345.00
1,172.50
6.25
Int. Semi-Annually Feb/Aug 01; Yield to Maturity 1.920%; 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
100.195 40,000.00
40,000.00 40,078.00 78.00 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
105.135
105.165 53,114.50
52,567.43 52,582.50 15.07 ST
2,475.00
1,031.25
4.70
Int. Semi-Annually Mar/Sep 01; Yield to Maturity 1.631%; 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
103.444
103.681 32,376.40
32,067.74 32,141.11 73.37 ST
1,380.00
574.79
4.29
Int. Semi-Annually Mar/Sep 01; Yield to Maturity 2.074%; 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
100.827
101.127 25,268.00
25,206.70 25,281.75 75.05 ST
600.00
226.66
2.37
Int. Semi-Annually Mar/Sep 15; Callable $100.00 on 02/15/19; Yield to Call 1.655%; 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
107.843
107.827 43,891.20
43,137.18 43,130.80 (6.38)ST
2,780.00
1,011.61
6.44
Int. Semi-Annually Mar/Sep 20; Yield to Maturity 2.058%; 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 30,000.000 99.940
99.940
100.464 29,982.00
29,982.00 30,139.20 157.20 ST
570.00
202.66
1.89
Int. Semi-Annually Mar/Sep 22; Yield to Maturity 1.612%; 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
107.181
107.259 32,490.60
32,154.39 32,177.70 23.31 ST
1,902.00
633.99
5.91
Int. Semi-Annually Apr/Oct 01; Yield to Maturity 1.893%; Moody A2 S&P A-; Issued 03/26/09; Asset Class: FI & Pref
Account Detail
CLIENT STATEMENT For the Period July 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 11 of 26
Security Description Trade Date Face Value
Orig Unit Cost
Adj Unit Cost Unit Price
Orig Total Cost
Adj Total Cost Market Value
Unrealized
Gain/(Loss)
Est Ann Income
Accrued Interest
Current
Yield %
PORTLAND GENERAL ELECTRIC
Coupon Rate 6.100%; Matures 04/15/2019; CUSIP 736508BQ4
3/1/17 45,000.000 108.304
106.731
107.249 48,736.80
48,028.77 48,262.05 233.28 ST
2,745.00
808.24
5.68
Int. Semi-Annually Apr/Oct 15; Yield to Maturity 1.765%; 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
100.941
101.042 40,465.20
40,376.44 40,416.80 40.36 ST
1,000.00
250.00
2.47
Int. Semi-Annually May/Nov 01; Callable $100.00 on 04/01/19; Yield to Call 1.861%; Moody BAA1 S&P BBB+; Issued 05/01/14; Asset Class: FI & Pref
PEPSICO INC
Coupon Rate 1.550%; Matures 05/02/2019; CUSIP 713448DR6
4/27/17 30,000.000 99.925
99.925
100.093 29,977.50
29,977.50 30,027.90 50.40 ST
465.00
114.95
1.54
Int. Semi-Annually May/Nov 02; Yield to Maturity 1.496%; First Coupon 11/02/17; Moody A1 S&P A+; Issued 05/02/17; Asset Class: FI & Pref
AMERICAN EXPRESS CREDIT
Coupon Rate 1.875%; Matures 05/03/2019; CUSIP 0258M0EK1
4/27/17 20,000.000 99.959
99.959
100.263 19,991.80
19,991.80 20,052.60 60.80 ST
375.00
91.66
1.87
Int. Semi-Annually May/Nov 03; Callable $100.00 on 04/03/19; Yield to Call 1.714%; 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
106.311
106.379 37,455.95
37,208.97 37,232.65 23.68 ST
1,908.00
402.69
5.12
Int. Semi-Annually May/Nov 15; Yield to Maturity 1.808%; 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
105.246
105.712 52,882.00
52,623.18 52,856.00 232.82 ST
2,375.00
395.83
4.49
Int. Semi-Annually Jun/Dec 01; Yield to Maturity 1.576%; 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
105.714
105.784 43,956.10
43,342.71 43,371.44 28.73 ST
2,101.00
350.20
4.84
Int. Semi-Annually Jun/Dec 01; Yield to Maturity 1.898%; 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
100.053
100.181 30,018.00
30,015.95 30,054.30 38.35 ST
615.00
92.25
2.04
Int. Semi-Annually Jun/Dec 07; Yield to Maturity 1.949%; 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
106.955
107.406 44,580.94
43,851.56 44,036.46 184.90 ST
2,419.00
309.09
5.49
Int. Semi-Annually Jun/Dec 15; Yield to Maturity 1.855%; 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
108.442
108.429 38,370.50
37,954.55 37,950.15 (4.40)ST
2,293.00
101.88
6.04
Int. Semi-Annually Jan/Jul 15; Yield to Maturity 2.126%; 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
100.284 9,990.40
9,990.40 10,028.40 38.00 ST
195.00
8.66
1.94
Int. Semi-Annually Jan/Jul 15; Yield to Maturity 1.801%; 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
100.610
100.939 50,340.50
50,305.21 50,469.50 164.29 ST
1,063.00
38.36
2.10
Int. Semi-Annually Jan/Jul 18; Yield to Maturity 1.637%; Moody AA3 S&P AA-; Issued 07/18/14; Asset Class: FI & Pref
00
4
2
3
9
M
S
A
D
D
2
2
1
Account Detail
CLIENT STATEMENT For the Period July 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 12 of 26
Security Description Trade Date Face Value
Orig Unit Cost
Adj Unit Cost Unit Price
Orig Total Cost
Adj Total Cost Market Value
Unrealized
Gain/(Loss)
Est Ann Income
Accrued Interest
Current
Yield %
AMERICAN EXPRESS CREDIT
Coupon Rate 2.250%; Matures 08/15/2019; CUSIP 0258M0DP1
2/27/17 35,000.000 100.928
100.773
101.010 35,324.80
35,270.63 35,353.50 82.87 ST
788.00
363.12
2.22
Int. Semi-Annually Feb/Aug 15; Yield to Maturity 1.743%; 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
100.263 34,989.85
34,989.85 35,092.05 102.20 ST
700.00
322.77
1.99
Int. Semi-Annually Feb/Aug 15; Callable $100.00 on 07/15/19; Yield to Call 1.862%; 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
107.303
107.518 32,657.70
32,190.93 32,255.40 64.47 ST
1,763.00
518.95
5.46
Int. Semi-Annually Apr/Oct 15; Callable $100.00 on 07/15/19; Yield to Call 1.938%; 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
100.801
101.022 30,250.50
30,240.16 30,306.60 66.44 ST
825.00
36.66
2.72
Int. Semi-Annually Jan/Jul 15; Callable $100.00 on 12/15/19; Yield to Call 2.304%; 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
100.724 24,949.50
24,949.50 25,181.00 231.50 ST
563.00
12.49
2.23
Int. Semi-Annually Jan/Jul 23; Callable $100.00 on 12/23/19; Yield to Call 1.939%; 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
100.845
101.314 34,341.02
34,287.31 34,446.76 159.45 ST
901.00
10.01
2.61
Int. Semi-Annually Jan/Jul 27; Yield to Maturity 2.105%; 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
100.491
100.566 20,109.20
20,098.23 20,113.20 14.97 ST
450.00
—
2.23
Int. Semi-Annually Jan/Jul 31; Callable $100.00 on 12/31/19; Yield to Call 2.009%; 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
100.555 59,970.60
59,970.60 60,333.00 362.40 ST
1,140.00
544.66
1.88
Int. Semi-Annually Feb/Aug 07; Yield to Maturity 1.674%; 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
107.470
107.815 32,603.70
32,241.02 32,344.50 103.48 ST
1,538.00
738.85
4.75
Int. Semi-Annually Feb/Aug 08; Yield to Maturity 1.932%; 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
100.460 54,921.90
54,921.90 55,253.00 331.10 ST
1,100.00
504.16
1.99
Int. Semi-Annually Feb/Aug 14; Yield to Maturity 1.814%; 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
100.529 49,804.50
49,804.50 50,264.50 460.00 ST
900.00
410.00
1.79
Int. Semi-Annually Feb/Aug 14; Yield to Maturity 1.586%; 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
100.506
100.828 30,163.50
30,151.73 30,248.40 96.67 ST
720.00
326.00
2.38
Int. Semi-Annually Feb/Aug 18; Yield to Maturity 2.064%; Moody BAA1 S&P BBB+; Issued 02/18/15; Asset Class: FI & Pref
Account Detail
CLIENT STATEMENT For the Period July 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 13 of 26
Security Description Trade Date Face Value
Orig Unit Cost
Adj Unit Cost Unit Price
Orig Total Cost
Adj Total Cost Market Value
Unrealized
Gain/(Loss)
Est Ann Income
Accrued Interest
Current
Yield %
PACCAR FINANCIAL CORP
Coupon Rate 1.950%; Matures 02/27/2020; CUSIP 69371RN69
2/22/17 50,000.000 99.820
99.820
100.064 49,910.00
49,910.00 50,032.00 122.00 ST
975.00
417.08
1.94
Int. Semi-Annually Feb/Aug 27; Yield to Maturity 1.924%; 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
100.222
100.222
32,938.29
32,938.29
21,888.24
21,888.24
33,073.26
22,048.84
134.97
160.60
ST
ST
Total 55,000.000 54,826.53
54,826.53 55,122.10 295.57 ST
1,128.00
469.79
2.04
Int. Semi-Annually Mar/Sep 01; Callable $100.00 on 02/01/20; Yield to Call 1.959%; 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
100.816 19,979.20
19,979.20 20,163.20 184.00 ST
440.00
180.88
2.18
Int. Semi-Annually Mar/Sep 03; Callable $100.00 on 02/01/20; Yield to Call 1.864%; 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
100.442 39,989.60
39,989.60 40,176.80 187.20 ST
780.00
314.16
1.94
Int. Semi-Annually Mar/Sep 04; Yield to Maturity 1.775%; First Coupon 09/04/17; Moody A2 S&P A+; Issued 03/06/17; 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
107.175
108.166 32,539.80
32,152.54 32,449.80 297.26 ST
1,613.00
609.16
4.97
Int. Semi-Annually Mar/Sep 15; Yield to Maturity 2.154%; 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
107.153
107.393 32,482.20
32,145.94 32,217.90 71.96 ST
1,485.00
519.75
4.60
Int. Semi-Annually Mar/Sep 25; Yield to Maturity 2.068%; 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
100.394 39,968.80
39,968.80 40,157.60 188.80 ST
880.00
283.55
2.19
Int. Semi-Annually Apr/Oct 01; Yield to Maturity 2.047%; 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
108.405
109.893 58,232.69
57,454.85 58,243.29 788.44 ST
2,995.00
881.71
5.14
Int. Semi-Annually Apr/Oct 15; Yield to Maturity 1.881%; 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
100.436 29,997.30
29,997.30 30,130.80 133.50 ST
675.00
187.50
2.24
Int. Semi-Annually Apr/Oct 21; Yield to Maturity 2.084%; 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
100.353 9,995.10
9,995.10 10,035.30 40.20 ST
190.00
45.91
1.89
Int. Semi-Annually May/Nov 04; Yield to Maturity 1.768%; First Coupon 11/04/17; Moody A3 S&P A-; Issued 05/04/17; Asset Class: FI & Pref
CONOCOPHILLIPS COMPANY
Coupon Rate 2.200%; Matures 05/15/2020; CUSIP 20826FAJ5
5/19/17 40,000.000 100.571
100.536
100.548 40,228.40
40,214.26 40,219.20 4.94 ST
880.00
185.77
2.18
Int. Semi-Annually May/Nov 15; Callable $100.00 on 04/15/20; Yield to Call 1.990%; Moody BAA2 S&P A-; Issued 05/18/15; Asset Class: FI & Pref
00
4
2
3
9
M
S
A
D
D
2
2
1
Account Detail
CLIENT STATEMENT For the Period July 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 14 of 26
Security Description Trade Date Face Value
Orig Unit Cost
Adj Unit Cost Unit Price
Orig Total Cost
Adj Total Cost Market Value
Unrealized
Gain/(Loss)
Est Ann Income
Accrued Interest
Current
Yield %
SHERWIN-WILLIAMS CO
Coupon Rate 2.250%; Matures 05/15/2020; CUSIP 824348AT3
5/2/17 30,000.000 99.997
99.997
100.596 29,999.10
29,999.10 30,178.80 179.70 ST
675.00
140.62
2.23
Int. Semi-Annually May/Nov 15; Yield to Maturity 2.029%; 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
100.047
100.918 50,026.50
50,023.32 50,459.00 435.68 ST
1,100.00
198.61
2.17
Int. Semi-Annually May/Nov 26; Callable $100.00 on 04/26/20; Yield to Call 1.854%; 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
106.664
106.764 32,189.70
31,999.31 32,029.20 29.89 ST
1,290.00
164.83
4.02
Int. Semi-Annually Jun/Dec 15; Yield to Maturity 1.870%; 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
101.182
101.809 30,396.90
30,354.50 30,542.70 188.20 ST
840.00
105.00
2.75
Int. Semi-Annually Jun/Dec 16; Yield to Maturity 2.147%; 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
100.449 9,993.90
9,993.90 10,044.90 51.00 ST
195.00
21.12
1.94
Int. Semi-Annually Jun/Dec 22; Yield to Maturity 1.790%; 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
101.877
102.083 30,585.60
30,563.06 30,624.90 61.84 ST
788.00
70.00
2.57
Int. Semi-Annually Jun/Dec 29; Callable $100.00 on 05/29/20; Yield to Call 1.865%; 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
100.331
100.766 30,103.50
30,099.18 30,229.80 130.62 ST
735.00
61.24
2.43
Int. Semi-Annually Jun/Dec 30; Callable $100.00 on 05/30/20; Yield to Call 2.169%; 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
108.793
109.611 32,981.70
32,637.88 32,883.30 245.42 ST
1,688.00
140.62
5.13
Int. Semi-Annually Jan/Jul 01; Yield to Maturity 2.204%; 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
106.264
106.929
106.244
106.693
106.693
32,177.70
31,879.07
21,385.80
21,248.89
32,007.90
21,338.60
128.83
89.71
ST
ST
Total 50,000.000 53,563.50
53,127.96 53,346.50 218.54 ST
2,375.00
303.47
4.45
Int. Semi-Annually Jun/Dec 15; Callable $100.00 on 04/15/20; Yield to Call 2.188%; Moody A3 S&P A-; Issued 07/15/10; Asset Class: FI & Pref
AMERICAN HONDA FINANCE
Coupon Rate 1.950%; Matures 07/20/2020; CUSIP 02665WBT7
7/17/17 10,000.000 99.899
99.899
100.161 9,989.90
9,989.90 10,016.10 26.20 ST
195.00
5.95
1.94
Int. Semi-Annually Jan/Jul 20; Yield to Maturity 1.894%; First Coupon 01/20/18; Moody A1 (-) S&P A+; Issued 07/20/17; 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
104.585
105.338 52,616.50
52,292.46 52,669.00 376.54 ST
2,000.00
1,000.00
3.79
Int. Semi-Annually Feb/Aug 01; Callable $100.00 on 05/01/20; Yield to Call 1.995%; Moody A1 S&P A-; Issued 08/02/10; Asset Class: FI & Pref
Account Detail
CLIENT STATEMENT For the Period July 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 15 of 26
Security Description Trade Date Face Value
Orig Unit Cost
Adj Unit Cost Unit Price
Orig Total Cost
Adj Total Cost Market Value
Unrealized
Gain/(Loss)
Est Ann Income
Accrued Interest
Current
Yield %
PNC FUNDING CORP.
Coupon Rate 4.375%; Matures 08/11/2020; CUSIP 693476BL6
3/28/17
5/15/17
30,000.000
20,000.000
106.442
105.819
106.912
106.485
106.830
106.830
31,932.60
31,745.82
21,382.40
21,297.01
32,049.00
21,366.00
303.18
68.99
ST
ST
Total 50,000.000 53,315.00
53,042.83 53,415.00 372.17 ST
2,188.00
1,032.98
4.09
Int. Semi-Annually Feb/Aug 11; Yield to Maturity 2.037%; 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
101.645
101.775 30,519.90
30,493.64 30,532.50 38.86 ST
780.00
355.33
2.55
Int. Semi-Annually Feb/Aug 17; Callable $100.00 on 07/17/20; Yield to Call 1.980%; 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
100.784
102.054 40,354.00
40,313.49 40,821.60 508.11 ST
1,020.00
425.00
2.49
Int. Semi-Annually Mar/Sep 01; Yield to Maturity 1.861%; 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
106.352
106.921 21,359.80
21,270.37 21,384.20 113.83 ST
900.00
340.00
4.20
Int. Semi-Annually Mar/Sep 15; Yield to Maturity 2.194%; 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
103.751
103.947
103.674
104.219
104.219
31,285.80
31,125.44
20,789.40
20,734.74
31,265.70
20,843.80
140.26
109.06
ST
ST
Total 50,000.000 52,075.20
51,860.18 52,109.50 249.32 ST
1,813.00
604.16
3.47
Int. Semi-Annually Apr/Oct 01; Callable $100.00 on 07/01/20; Yield to Call 2.125%; 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
103.128
103.800 56,945.35
56,720.15 57,090.00 369.85 ST
1,788.00
446.87
3.13
Int. Semi-Annually May/Nov 01; Callable $100.00 on 08/01/20; Yield to Call 1.940%; 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
100.507 175,000.00
175,000.00 175,887.25 887.25 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
106.385
107.100 53,579.50
53,192.30 53,550.00 357.70 ST
2,125.00
448.61
3.96
Int. Semi-Annually May/Nov 15; Yield to Maturity 2.008%; 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
100.815
101.760 15,139.50
15,122.32 15,264.00 141.68 ST
375.00
70.83
2.45
Int. Semi-Annually May/Nov 23; Callable $100.00 on 10/23/20; Yield to Call 1.934%; 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
102.921
103.222 36,104.95
36,022.42 36,127.70 105.28 ST
1,190.00
152.05
3.29
00
4
2
3
9
M
S
A
D
D
2
2
1
Account Detail
CLIENT STATEMENT For the Period July 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 16 of 26
Security Description Trade Date Face Value
Orig Unit Cost
Adj Unit Cost Unit Price
Orig Total Cost
Adj Total Cost Market Value
Unrealized
Gain/(Loss)
Est Ann Income
Accrued Interest
Current
Yield %
Int. Semi-Annually Jun/Dec 15; Callable $100.00 on 11/15/20; Yield to Call 2.375%; 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
105.308
106.289 31,803.30
31,592.46 31,886.70 294.24 ST
1,200.00
600.00
3.76
Int. Semi-Annually Feb/Aug 01; Callable $100.00 on 11/01/20; Yield to Call 1.991%; 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
104.384
104.776
104.305
105.084
105.084
31,488.30
31,315.09
20,955.20
20,861.03
31,525.20
21,016.80
210.11
155.77
ST
ST
Total 50,000.000 52,443.50
52,176.12 52,542.00 365.88 ST
1,875.00
864.58
3.56
Int. Semi-Annually Feb/Aug 15; Callable $100.00 on 11/15/20; Yield to Call 2.140%; 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
107.626
107.517 32,373.00
32,287.84 32,255.10 (32.74)ST
1,313.00
525.00
4.07
Int. Semi-Annually Mar/Sep 07; Yield to Maturity 2.192%; 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
100.050 40,000.00
40,000.00 40,020.00 20.00 ST
708.00
102.32
1.76
Interest Paid Quarterly Jun 09; Yield to Maturity 1.756%; 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
100.624
101.022 30,197.10
30,187.19 30,306.60 119.41 ST
810.00
269.99
2.67
Int. Semi-Annually Mar/Sep 30; Yield to Maturity 2.406%; 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
101.810
102.180 30,603.60
30,542.89 30,654.00 111.11 ST
960.00
240.00
3.13
Int. Semi-Annually May/Nov 01; Callable $100.00 on 03/01/21; Yield to Call 2.559%; 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
98.902 49,258.00
49,258.00 49,451.00 193.00 ST
925.00
154.16
1.87
Int. Semi-Annually Jun/Dec 01; Callable $100.00 on 05/01/21; Yield to Maturity 2.150%; 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
99.496 34,549.20
34,549.20 34,823.60 274.40 ST
805.00
134.16
2.31
Int. Semi-Annually Jun/Dec 01; Callable $100.00 on 05/01/21; Yield to Maturity 2.438%; Moody BAA1 S&P BBB+; Issued 05/12/16; Asset Class: FI & Pref
JPMORGAN CHASE & CO
Coupon Rate 2.400%; Matures 06/07/2021; CUSIP 46625HRT9
2/23/17 30,000.000 99.563
99.563
100.306 29,868.90
29,868.90 30,091.80 222.90 ST
720.00
108.00
2.39
Int. Semi-Annually Jun/Dec 07; Callable $100.00 on 05/07/21; Yield to Call 2.314%; 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
107.197
108.267 32,415.30
32,159.20 32,480.10 320.90 ST
1,425.00
182.08
4.38
Int. Semi-Annually Jun/Dec 15; Yield to Maturity 2.496%; 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
104.883
106.327 36,872.85
36,709.01 37,214.45 505.44 ST
1,365.00
60.66
3.66
Account Detail
CLIENT STATEMENT For the Period July 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 17 of 26
Security Description Trade Date Face Value
Orig Unit Cost
Adj Unit Cost Unit Price
Orig Total Cost
Adj Total Cost Market Value
Unrealized
Gain/(Loss)
Est Ann Income
Accrued Interest
Current
Yield %
Int. Semi-Annually Jan/Jul 15; Callable $100.00 on 04/15/21; Yield to Call 2.115%; 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
100.061
100.766 30,020.40
30,018.27 30,229.80 211.53 ST
750.00
33.33
2.48
Int. Semi-Annually Jan/Jul 15; Callable $100.00 on 04/15/21; Yield to Call 2.283%; 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
108.630
110.164 32,886.60
32,589.11 33,049.20 460.09 ST
1,575.00
17.49
4.76
Int. Semi-Annually Jan/Jul 27; Yield to Maturity 2.554%; 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
103.494
104.544 62,311.80
62,096.60 62,726.40 629.80 ST
2,070.00
782.00
3.30
Int. Semi-Annually Mar/Sep 15; Callable $100.00 on 06/15/21; Yield to Call 2.219%; 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
103.004
104.608 36,168.65
36,051.44 36,612.80 561.36 ST
1,173.00
442.94
3.20
Int. Semi-Annually Mar/Sep 15; Yield to Maturity 2.175%; 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
101.634
103.442 20,353.40
20,326.82 20,688.40 361.58 ST
650.00
108.33
3.14
Int. Semi-Annually Jun/Dec 01; Callable $100.00 on 09/01/21; Yield to Call 2.360%; Moody BAA1 S&P BBB+; Issued 11/17/11; Asset Class: FI & Pref
PREMIER AIRCRAFT LEASING EXIM
Coupon Rate 3.547%; Matures 04/10/2022; CUSIP 74046BAB2
3/28/17 150,000.000 103.428
103.428
103.216 68,592.52
61,309.70 61,184.02 (125.68)ST
2,103.00
122.64
3.43
Interest Paid Quarterly Jul 10; Yield to Maturity 2.810%; Factor .39518440; Issued 04/29/10; Current Face 59,277.660; 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
101.270 58,540.74
55,784.63 55,696.63 (88.00)ST
1,416.00
7.86
2.54
Interest Paid Quarterly Oct 29; Yield to Maturity 2.288%; Factor .43998528; Issued 10/22/10; Current Face 54,998.160; Asset Class: FI & Pref
AT&T INC
Coupon Rate 2.850%; Matures 02/14/2023; CUSIP 00206REK4
7/27/17 30,000.000 99.984
99.984
100.136 29,995.20
29,995.20 30,040.80 45.60 ST
855.00
—
2.84
Int. Semi-Annually Feb/Aug 14; Callable $100.00 on 01/14/23; Yield to Call 2.823%; First Coupon 02/14/18; Issued 08/07/17; Asset Class: FI & Pref
SAFINA LTD
Coupon Rate 2.000%; Matures 12/30/2023; CUSIP 78657AAB5
1/31/17
7/24/17
200,000.000
90,000.000
99.000
99.000
99.591
99.591
99.470
99.470
126,014.55
117,594.91
53,233.61
53,233.61
118,153.18
53,168.93
558.27
(64.68)
ST
ST
Total 290,000.000 179,248.16
170,828.52 171,322.12 493.59 ST
3,445.00
287.05
2.01
Interest Paid Quarterly Sep 30; Yield to Maturity 2.089%; Factor .59391368; Issued 06/25/12; Current Face 172,234.967; Asset Class: FI & Pref
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Account Detail
CLIENT STATEMENT For the Period July 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 18 of 26
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 5,079,000.000 $4,942,509.15
$4,902,431.59 $4,920,404.47 $17,972.87 ST
$147,859.00
$37,839.04
3.00%
TOTAL CORPORATE FIXED INCOME
(includes accrued interest)
30.58%$4,958,243.51
Watchlist and CreditWatch Indicators: (*) = developing/uncertain (+) = On Watchlist/CreditWatch Upgrade (-) = On Watchlist/CreditWatch Downgrade
GOVERNMENT SECURITIES
TREASURY SECURITIES
Security Description Trade Date Face Value
Orig Unit Cost
Adj Unit Cost Unit Price
Orig Total Cost
Adj Total Cost Market Value
Unrealized
Gain/(Loss)
Est Ann Income
Accrued Interest
Current
Yield %
UNITED STATES TREASURY NOTE
Coupon Rate 1.000%; Matures 02/15/2018; CUSIP 912828H94
1/31/17 1,650,000.000 $100.129
$100.099
$99.914 $1,652,132.49
$1,651,627.29 $1,648,581.00 $(3,046.29)ST
$16,500.00
$7,566.29
1.00
Int. Semi-Annually Feb/Aug 15; Yield to Maturity 1.160%; 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
99.734 6,715,302.55
6,715,302.55 6,707,111.50 (8,191.05)ST
75,656.00
—
1.12
Int. Semi-Annually Jan/Jul 31; Yield to Maturity 1.305%; 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
100.033
100.066 975,346.13
975,325.01 975,643.50 318.49 ST
14,625.00
3,060.12
1.49
Int. Semi-Annually May/Nov 15; Yield to Maturity 1.476%; 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
100.031 149,924.40
149,924.40 150,046.50 122.10 ST
2,250.00
282.78
1.49
Int. Semi-Annually Jun/Dec 15; Yield to Maturity 1.489%; 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
100.168 164,269.44
164,269.44 164,454.45 185.01 ST
205.00
59.99
0.12
Int. Semi-Annually Apr/Oct 15; Factor 1.03257000; Moody AAA; Issued 04/15/16; Current Face 164,178.630; 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
101.662
101.223
101.662
101.671
102.086
99.967
99.967
99.967
18,220.09
18,299.13
6,073.36
6,099.71
6,100.23
6,125.16
18,107.24
6,035.74
6,035.74
(191.89)
(63.97)
(89.42)
ST
ST
ST
H
H
H
4/17/17 12,000.000 100.903
202.718
99.967 12,108.36
24,326.15 12,071.49 (12,254.66)ST
Account Detail
CLIENT STATEMENT For the Period July 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 19 of 26
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 %
4/17/17 24,000.000 100.883
101.340
99.967 24,211.92
24,321.60 24,142.98 (178.62)ST
4/17/17 48,000.000 100.930
101.514
99.967 48,512.24
48,726.95 48,285.97 (440.98)ST
4/17/17 24,000.000 100.905
101.491
99.967 24,250.14
24,357.81 24,142.98 (214.83)ST
4/17/17 18,000.000 100.903
101.489
99.967 18,187.24
18,268.01 18,107.24 (160.77)ST
Total 156,000.000 157,663.58
170,524.52 156,929.43 (13,595.14)ST
196.00
57.36
0.12
Int. Semi-Annually Apr/Oct 15; Factor 1.00629000; Moody AAA; Issued 04/15/17; Current Face 156,981.240; Basis Adjustment Due to Wash Sale: $86.42; Asset Class: FI & Pref
UNITED STATES TREASURY NOTE
Coupon Rate 1.750%; Matures 05/31/2022; CUSIP 912828XR6
5/31/17
6/2/17
6/6/17
150,000.000
150,000.000
150,000.000
99.996
99.996
100.145
100.141
100.176
100.171
99.656
99.656
99.656
149,994.60
149,994.60
150,217.35
150,210.82
150,264.15
150,256.48
149,484.00
149,484.00
149,484.00
(510.60)
(726.82)
(772.48)
ST
ST
ST
Total 450,000.000 450,476.10
450,461.90 448,452.00 (2,009.90)ST
7,875.00
1,312.49
1.75
Int. Semi-Annually May/Nov 30; Yield to Maturity 1.825%; Moody AAA; Issued 05/31/17; Asset Class: FI & Pref
UNITED STATES TREASURY NOTE
Coupon Rate 1.750%; Matures 06/30/2022; CUSIP 912828XW5
7/5/17
7/25/17
150,000.000
150,000.000
99.223
99.223
99.450
99.450
99.609
99.609
148,834.50
148,834.50
149,174.40
149,174.40
149,413.50
149,413.50
579.00
239.10
ST
ST
Total 300,000.000 298,008.90
298,008.90 298,827.00 818.10 ST
5,250.00
442.25
1.75
Int. Semi-Annually Jun/Dec 31; Yield to Maturity 1.834%; Moody AAA; Issued 06/30/17; Asset Class: FI & Pref
TREASURY SECURITIES 10,565,000.000 $10,563,123.59
$10,575,444.01 $10,550,045.38 $(25,398.68)ST
$122,557.00
$12,781.28
1.16%
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
$101.999 $96,365.63
$96,053.71 $96,585.40 $531.69 ST
$2,453.00
$204.37
2.53
Interest Paid Monthly Apr 01; Yield to Maturity 2.021%; Factor .99676322; Issued 04/01/17; Current Face 94,692.506; 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
101.942 80,900.00
80,627.87 81,279.27 651.40 ST
2,033.00
169.42
2.50
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Account Detail
CLIENT STATEMENT For the Period July 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 20 of 26
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 %
Interest Paid Monthly Apr 01; Yield to Maturity 2.070%; Factor .99663622; Issued 04/01/17; Current Face 79,730.898; 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
100.925 221,340.63
220,817.29 221,510.01 692.72 ST
5,048.00
420.66
2.27
Interest Paid Monthly May 01; Yield to Maturity 2.080%; Factor .99763557; Issued 05/01/17; Current Face 219,479.825; 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
100.925 100,609.38
100,371.50 100,686.36 314.86 ST
2,295.00
191.21
2.27
Interest Paid Monthly May 01; Yield to Maturity 2.080%; Factor .99763557; Issued 05/01/17; Current Face 99,763.557; Asset Class: FI & Pref
FNA 2017-M5 FA
Coupon Rate 1.493%; Matures 04/25/2024; CUSIP 3136AWWC7
5/9/17 60,000.000 99.901
99.901
100.244 59,940.60
59,852.03 60,057.52 205.49 ST
895.00
74.56
1.49
Interest Paid Monthly Jul 25; Yield to Maturity 1.455%; Floater; Factor .99852235; Issued 05/01/17; Current Face 59,911.341; Asset Class: FI & Pref
FEDERAL AGENCIES 555,000.000 $559,156.24
$557,722.40 $560,118.56 $2,396.16 ST
$12,724.00
$1,060.22
2.27%
Percentage
of Holdings Face Value
Orig Total Cost
Adj Total Cost Market Value
Unrealized
Gain/(Loss)
Est Ann Income
Accrued Interest
Current
Yield %
GOVERNMENT SECURITIES 11,120,000.000 $11,122,279.83
$11,133,166.41 $11,110,163.94 $(23,002.52)ST
$135,281.00
$13,841.50
1.22%
TOTAL GOVERNMENT SECURITIES
(includes accrued interest)
68.60%$11,124,005.44
Percentage
of Holdings Total Cost Market Value
Unrealized
Gain/(Loss)
Est Ann Income
Accrued Interest
Current
Yield %
TOTAL MARKET VALUE $16,035,598.00 $16,164,456.60 $(5,029.65)ST $283,172.00
$51,680.54
1.75%
TOTAL VALUE (includes accrued interest)100.00%$16,216,137.14
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.
Account Detail
CLIENT STATEMENT For the Period July 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 21 of 26
ALLOCATION OF ASSETS (^includes accrued interest)
Cash Equities
Fixed Income &
Preferred Securities Alternatives
Annuities &
Insurance
Structured
Investments Other
Cash, BDP, MMFs $133,888.19 ——————
Corporate Fixed Income^——$4,958,243.51 ————
Government Securities^——11,124,005.44 ————
TOTAL ALLOCATION OF ASSETS^$133,888.19 —$16,082,248.95 ————
ACTIVITY
INVESTMENT RELATED ACTIVITY
PURCHASES, DIVIDEND REINVESTMENTS, SALES AND REDEMPTIONS
Activity
Date
Settlement
Date Activity Type Description Comments Quantity Price Credits/(Debits)
7/5 7/6 Sold US TSY NOTE 1000 18FB15 ACTED AS AGENT
ACCRUED INTEREST 584.25
150,000.000 $99.8786 $150,402.15
7/5 7/6 Bought US TSY NOTE 1750 22JN30 ACTED AS AGENT
ACCRUED INTEREST 42.80
150,000.000 99.2230 (148,877.30)
7/13 6/30 Redemption PROLOGIS LP 2750 *19FB15 REDEMPTION OF CALLED BOND
CUSIP: 74340XAV3
55,000.000 101.9821 56,090.17
7/13 6/30 Redemption PROLOGIS LP 2750 *19FB15 REDEMPTION OF CALLED BOND
CUSIP: 74340XAV3
55,000.000 103.0130 (56,657.15)
7/13 7/18 Sold CATERPILLAR 1900 19MH22 ACTED AS AGENT
ACCRUED INTEREST 182.08
30,000.000 100.4770 30,325.18
7/18 7/20 Bought AMERICAN HONDA 1950 20JL20 ACTED AS AGENT a/o 07/17/17 10,000.000 99.8990 (9,989.90)
7/19 7/19 Redemption GREAT PAINS 2500 20MH09 REDEMPTION OF CALLED BOND
CUSIP: 391164AG5
55,000.000 101.0000 55,550.00
7/24 7/27 Bought SAFINA LTD 2000 23DE30 ACTED AS AGENT
ACCRUED INTEREST 80.18
90,000.000 99.5910 (53,313.79)
7/26 7/26 Sold US TSY NOTE 1000 18FB15 ACTED AS AGENT
ACCRUED INTEREST 667.13
a/o 07/25/17
150,000.000 99.9137 150,537.68
7/26 7/26 Bought US TSY NOTE 1750 22JN30 ACTED AS AGENT
ACCRUED INTEREST 185.46
a/o 07/25/17
150,000.000 99.4496 (149,359.86)
7/28 8/7 Bought AT&T INC 2850 *23FB14 ACTED AS AGENT a/o 07/27/17 30,000.000 99.9840 (29,995.20)
TOTAL PURCHASES, DIVIDEND REINVESTMENTS, SALES AND REDEMPTIONS $(5,288.02)
TOTAL PURCHASES $(391,536.05)
TOTAL SALES AND REDEMPTIONS $386,248.03
Purchase and Sale transactions above may have received an average price execution. Details regarding the actual prices are available upon request.
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Account Detail
CLIENT STATEMENT For the Period July 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 22 of 26
UNSETTLED PURCHASES/SALES ACTIVITY
Activity
Date
Settlement
Date Activity Type Description Comments Quantity Price
Pending
Credits/(Debits)
7/27 8/7 Bought AT&T INC 2850 *23FB14 UNSETTLED PURCHASE 30,000.000 $99.9840 $(29,995.20)
NET UNSETTLED PURCHASES/SALES $(29,995.20)
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)
7/11 Return of Principal PREMIER AIRCRAFT 3547 22AP10 CUSIP: 74046BAB2 $3,536.49
7/18 Return of Principal FHLMC ARM 2B615 2883 47JN01 CUSIP: 31326LZT5 18.76
7/25 Return of Principal FNMA 7BL AN5495 2300 22JA01 CUSIP: 3138LJC99 275.24
7/25 Return of Principal FNMA 7BL AN5496 2300 22JA01 CUSIP: 3138LJDA5 125.11
7/25 Return of Principal FNMA POOL AN5056 2590 21AP01 CUSIP: 3138LHTN4 107.64
7/25 Return of Principal FNMA POOL AN5051 2550 21NV01 CUSIP: 3138LHTH7 93.89
7/25 Return of Principal FNA 2017-M5 FA 1493 24APRG CUSIP: 3136AWWC7 45.91
7/31 Return of Principal SAYARRA LTD 2575 22AP14 CUSIP: 805649AB6 2,717.25
TOTAL RETURN OF PRINCIPAL $6,920.29
TAXABLE INCOME AND DISTRIBUTIONS
Activity Date Activity Type Description Comments Credits/(Debits)
7/3 Interest Income BANK OF AMERICA 5625 20JL01 CUSIP: 06051GEC9 $843.75
7/5 Interest Income MORGAN STANLEY 1875 18JA05 CUSIP: 61761JVM8 281.25
7/10 Interest Income PREMIER AIRCRAFT 3547 22AP10 CUSIP: 74046BAB2 557.00
7/13 Interest Income-Adj PROLOGIS LP 2750 *19FB15
ACCRUED BOND INTEREST
CUSIP: 74340XAV3 567.19
7/17 Interest Income MAGELLAN MIDSTREA 6550 19JL15 CUSIP: 559080AE6 1,146.25
7/17 Interest Income PACIFICORP 5650 18JL15 CUSIP: 695114CH9 847.50
7/17 Interest Income MCCORMICK & CO 3900 *21JL15 CUSIP: 579780AH0 682.50
7/17 Interest Income BANK OF AMERICA 2600 19JA15 CUSIP: 06051GEX3 455.00
7/17 Interest Income ALEXANDRIA REAL 2750 *20JA15 CUSIP: 015271AF6 412.50
7/17 Interest Income SIMON PROPERTY GR 2500 *21JL15 CUSIP: 828807CX3 375.00
7/17 Interest Income ROCKWELL COLLINS 1950 19JL15 CUSIP: 774341AG6 51.46
7/18 Interest Income TOYOTA MOTOR CORP 2125 19JL18 CUSIP: 89236TBP9 531.25
7/18 Interest Income-Adj FHLMC ARM 2B615 2883 47JN01
INTEREST PAYMENT
CUSIP: 31326LZT5 288.30
7/19 Interest Income-Adj GREAT PAINS 2500 20MH09
ACCRUED BOND INTEREST
CUSIP: 391164AG5 496.53
7/19 Interest Income GOLDMAN SACHS GRP 2900 18JL19 CUSIP: 38147MAA3 435.00
7/24 Interest Income JPMORGAN CHASE CO 2250 *20JA23 CUSIP: 46625HKA7 281.25
7/25 Interest Income FNMA 7BL AN5495 2300 22JA01 CUSIP: 3138LJC99 421.19
7/25 Interest Income FNMA POOL AN5056 2590 21AP01 CUSIP: 3138LHTN4 204.61
7/25 Interest Income FNMA 7BL AN5496 2300 22JA01 CUSIP: 3138LJDA5 191.45
7/25 Interest Income FNMA POOL AN5051 2550 21NV01 CUSIP: 3138LHTH7 169.62
Account Detail
CLIENT STATEMENT For the Period July 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 23 of 26
TAXABLE INCOME AND DISTRIBUTIONS (CONTINUED)
Activity Date Activity Type Description Comments Credits/(Debits)
7/25 Interest Income FNA 2017-M5 FA 1493 24APRG CUSIP: 3136AWWC7 74.63
7/27 Interest Income GOLDMAN SACHS 5250 21JL27 CUSIP: 38141GGQ1 787.50
7/27 Interest Income MORGAN STANLEY 2650 20JA27 CUSIP: 61747YDW2 450.50
7/31 Interest Income US TSY NOTE 1125 19JA31 CUSIP: 912828V56 37,828.13
7/31 Interest Income REALTY INCOME COR 2000 *18JA31 CUSIP: 756109AM6 550.00
7/31 Interest Income GOLDMAN SACHS INC 2625 19JA31 CUSIP: 38145XAA1 393.75
7/31 Interest Income SAYARRA LTD 2575 22AP14 CUSIP: 805649AB6 371.54
7/31 Interest Income SUNTRUST BANKS IN 2250 *20JA31 CUSIP: 86787EAR8 225.00
7/31 Interest Income MORGAN STANLEY PRIVATE BANK NA
(Period 07/01-07/31)
1.97
TOTAL TAXABLE INCOME AND DISTRIBUTIONS $49,921.62
TOTAL INTEREST $49,921.62
CASH RELATED ACTIVITY
ELECTRONIC TRANSFERS
Check disbursements from branch offices are displayed as Electronic Transfers.
Activity Date Activity Type Description Comments Credits/(Debits)
7/10 Funds Received WIRED FUNDS RECEIVED WELLS FARGO BANK N A
GALLIARD CAPITAL MANAGEMENT IN
$21.64
TOTAL ELECTRONIC TRANSFERS $21.64
TOTAL ELECTRONIC TRANSFERS-CREDITS $21.64
OTHER CREDITS AND DEBITS
Activity Date Activity Type Description Comments Credits/(Debits)
7/17 Service Fee 3RD QTR ADVISORY FEE $(7,340.26)
TOTAL OTHER CREDITS AND DEBITS $(7,340.26)
TOTAL OTHER DEBITS $(7,340.26)
MONEY MARKET FUND (MMF) AND BANK DEPOSIT PROGRAM ACTIVITY
Activity
Date Activity Type Description Credits/(Debits)
7/3 Automatic Investment BANK DEPOSIT PROGRAM $5,099.91
7/5 Automatic Investment BANK DEPOSIT PROGRAM 281.25
7/7 Automatic Investment BANK DEPOSIT PROGRAM 21,637.29
7/10 Automatic Investment BANK DEPOSIT PROGRAM 557.00
7/11 Automatic Investment BANK DEPOSIT PROGRAM 21.64
7/12 Automatic Investment BANK DEPOSIT PROGRAM 3,536.49
7/14 Automatic Investment BANK DEPOSIT PROGRAM 0.21
7/17 Automatic Investment BANK DEPOSIT PROGRAM 3,970.21
7/18 Automatic Redemption BANK DEPOSIT PROGRAM (6,809.01)
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Account Detail
CLIENT STATEMENT For the Period July 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 24 of 26
MONEY MARKET FUND (MMF) AND BANK DEPOSIT PROGRAM ACTIVITY (CONTINUED)
Activity
Date Activity Type Description Credits/(Debits)
7/19 Automatic Investment BANK DEPOSIT PROGRAM 86,617.24
7/20 Automatic Redemption BANK DEPOSIT PROGRAM (9,493.37)
7/24 Automatic Investment BANK DEPOSIT PROGRAM 281.25
7/25 Automatic Investment BANK DEPOSIT PROGRAM 722.42
7/26 Automatic Investment BANK DEPOSIT PROGRAM 986.87
7/27 Automatic Redemption BANK DEPOSIT PROGRAM (50,897.97)
7/31 Automatic Investment BANK DEPOSIT PROGRAM 38,996.88
7/31 Automatic Investment BANK DEPOSIT PROGRAM 1.97
NET ACTIVITY FOR PERIOD $95,510.28
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
CATERPILLAR 1.900 3-22-19 03/20/17 07/13/17 30,000.000 $30,143.10 $29,982.00 $161.10
FNA 2017-M5 FA 1.493 4-25-24 05/09/17 07/25/17 45.910 45.91 45.86 0.05
FNMA 7BL AN5495 2.300 1-01-22 04/13/17 07/25/17 275.240 275.24 276.92 (1.68)
FNMA 7BL AN5496 2.300 1-01-22 04/13/17 07/25/17 125.110 125.11 125.87 (0.76)
FNMA POOL AN5051 2.550 11-01-21 03/27/17 07/25/17 93.890 93.89 94.95 (1.06)
FNMA POOL AN5056 2.590 4-01-21 03/27/17 07/25/17 107.640 107.64 109.19 (1.55)
GREAT PAINS 2 1/2 3-09-20 03/06/17 07/19/17 55,000.000 55,550.00 54,957.10 592.90
PREMIER AIRCRAFT 3.547 4-10-22 03/28/17 07/10/17 3,536.490 3,536.49 3,657.72 (121.23)
PROLOGIS LP 2 3/4 2-15-19 02/02/17 06/30/17 30,000.000 30,594.64 30,393.82 200.82
03/07/17 06/30/17 25,000.000 25,495.53 25,294.35 201.18
SAYARRA LTD 2.575 4-14-22 06/07/17 07/29/17 2,717.250 2,717.25 2,756.11 (38.86)
US TSY NOTE 1.000 2-15-18 01/31/17 07/05/17 150,000.000 149,817.90 150,114.23 (296.33)
01/31/17 07/25/17 150,000.000 149,870.55 150,103.94 (233.39)
Short-Term This Period $392,283.08 $392,223.89 $59.19
Short-Term Year to Date $8,186,922.92 $8,182,674.44 $4,248.48
MISSING COST
Security Description
Date
Acquired
Date
Sold Quantity
Sales
Proceeds
Orig / Adj
Total Cost
Realized
Gain/(Loss)Comments
FHLMC ARM 2B615 2.883 6-01-47 07/15/17 18.760 18.76 Please Provide N/A
Missing Cost This Period $18.76 N/A N/A
Missing Cost Year to Date $18.76 N/A N/A
Account Detail
CLIENT STATEMENT For the Period July 1-31, 2017
Consulting and Evaluation Services Active Assets Account
660-110000-095
CITY OF ATLANTIC BEACH
C/O RUSSELL CAFFEY
Page 25 of 26
MISSING COST (CONTINUED)
Sales
Proceeds
Orig / Adj
Total Cost
Realized
Gain/(Loss)
Net Realized Gain/(Loss) This Period $392,301.84 $392,223.89 $59.19
Net Realized Gain/(Loss) Year to Date $19,790,909.14 $19,866,585.43 $(75,695.05)
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.
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.
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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