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Presentation to the

City of Los Angeles

Investment Advisory Committee

October 31, 2013

Economic Update-Overall Economy

* Real Rate (Inflation Adjusted)

Data Source: Bloomberg Estimate: Bloomberg's Survey of Economists

As of: 10/31/13

U.S. GDP (Quarter over Quarter Annualized)*

10/31/2013 2

Economic Update-Employment

*Los Angeles area unemployment is not seasonally adjusted.

Data Source: Bloomberg

12 Month Average Monthly Job Change: 194,083

Monthly Non-Farm Payrolls

Unemployment Rates California

LA Area

U.S.ACensus Hiring

10/31/2013 3

Economic Update-Consumer Activity

*Inflation Adjusted

U.S. Retail Sales* YOY % Change

Total Monthly U.S. Retail Sales

10/31/2013 4

Economic Update-Inflation

BDP("CPICCOMM Index","CHG_PCT_1YR")

*CPIX: Consumer Price Index, excluding food and energy

CPI and CPIX* YOY % Change

-5 -4 -3 -2 -1 0 1 2 3 4 5

Energy

Apparel

Communication

Shelter

Services

Education

Percent

Sector YOY % Price Changes

10/31/2013 5

Economic Update-Dollar and Commodities

Dollar Index

$1,000

$1,200

$1,400

$1,600

$1,800

$2,000

Gold and Oil

10/31/2013 6

Economic Update-Sector Returns YTD As of:

10/31/13

-11.4 -9.3

-3.8 -3.2 -1.2 -0.4 0.0

0.3 0.9

18.1 19.0

24.4 25.3 25.5 26.0 26.9

34.1 35.0

10/31/2013 7

Economic Update-S&P 500 Returns As of:

energy select sector spdr*

Financial select sector spdr*

Health care select sector spdr*

industrial select sector spdr*

materials select sector spdr*

Technology select sector spdr*

utilities select sector spdr*

10/31/13

16.7 18.3 18.6

22.7 23.5

34.0 34.9

YTD S&P 500 Major Sector Returns

10/31/2013 8

Economic Update-Yield Curve FYTD

Maturity 6/28/13 10/31/13 Change

3Y 0.65 0.57 -0.08

30Y 3.50 3.64 0.14

5Y 1.40 1.33 -0.06

10Y 2.49 2.56 0.07

1Y 0.15 0.09 -0.05

2Y 0.36 0.31 -0.05

3M 0.03 0.04 0.01

6M 0.09 0.08 -0.01

3M 6M 1Y 2Y 3Y 5Y 10Y 30Y

U.S. Treasury Yield Curve

6/28/13

10/31/13

10/31/2013 9

Economic Update-Interest Rates

U.S. Treasury Yields: 3M and 1Y

U.S. Treasury Yields: 2Y and 5Y

10/31/2013 10

Economic Update-Agency and Corporate Spreads

*BofA/Merrill Index (option adjusted spread vs. Treasury) *BofA/Merrill Index (option adjusted spread vs. Treasury)

Agency (GVP0) Corporate A-AAA (CV10)

Spread*: 1-5 Yr Agency vs Treasury

Spread*: 1-5 Yr Corporate vs Treasury

10/31/2013 11

Summary Portfolio Characteristics

*Core Benchmark: 3 Month T-Bill (G0O1 BofA/Merrill Index)

#Reserve Benchmark: 1-5 Year Govt/Corp A-AAA (BU10 BofA Merrill Index)

**Average Maturity and Duration after rebalancing for the indexes--Portfolios based upon trade date holdings, Core includes checking

## Weighted Purchase Yield for Core does not include checking

Los Angeles Core

Benchmark *

Los Angeles

Reserve

Benchmark #

0.21 0.25 2.67 2.68

2.75 2.80

Total General

Portfolio

Weighted Purchase Yield##

Market Value

$6,862,651,096

$3,030,360 -- $132,045,063 -- $135,075,422

11% -- 89%

Par Value

Variance

0.87% -- 1.16% --

$6,997,726,518

$772,897,096 -- $6,089,754,000 --

$775,927,455 -- $6,221,799,063 --

Mkt Value % of Total

Average Maturity (Yrs)**

Effective Duration**

0.20 0.25

10/31/2013 12

Total General Portfolio: Maturity Distribution

26.3% 19.7% 14.4%

-1.0% -0.3% 0.5%

1 to 2

0.7% 2.6% 28.2%

2 to 3 3 to 4 4 to 5+

25.3% 19.4% 14.9%

.25 to .5

29.4%10/30/13

9/30/13

Variance

0-.25 .5 to 1

-0.1% 0.4% -0.6%

1.0% 2.0%

0-.25 .25 to .5 .5 to 1 1 to 2 2 to 3 3 to 4 4 to 5+

10/30/13

9/30/13

10/31/2013 13

Total General Portfolio: Sector Allocations

Figures may not total due to rounding

Sector 10/31/2013 9/30/2013 Variance

0.1% 0.0%

4.7% 0.3%

20.1% 0.0%

100.0%

0.0% 0.0%

14.5% -0.5%

58.5% 1.3%59.8%

October 31, 2013

Negotiable CDs

100.0%

Federal Agencies

Treasuries

Bank Deposits

Commercial Paper

Corporate Notes

1.0% CDARS

CP 5.0%

10/31/2013 14

Sector Allocations - Core Portfolio

Total 100.0%

Negotiable CDs 0.0%

Treasuries 6.4%

Federal Agencies 12.4%

Commercial Paper 45.1%

Core Portfolio

CDARS 0.9%

October 31, 2013

Sector 10/31/2013 9/30/2013 Variance

Bank Deposits 9.1% 9.1% -0.1%

Corporate Notes 26.1% 27.1% -1.1%

MMFs 0.0% 9.4% -9.4%

0.9% 0.0%

0.0% 0.0%

100.0%

0.0% 6.4%

12.1% 0.3%

Bank Dep

CP 45.1% Corp

10/31/2013 15

Sector Allocations: Purchase Yield vs. Weighted Average Maturity

*Based on Market Value

Does not include Checking and BNYM Sweep

Agency 0.47 2.24% 13.6%

Total 0.22 0.87% 100.0%

Treasury 0.04 0.02% 7.1%

Core Portfolio

Sector WAM (Yrs.) Purchase Yield % of Portfolio*

Corporate 0.49 1.80% 28.7%

Commercial Paper 0.02 0.10% 50.6%

-0.50%

-0.20 0.00 0.20 0.40 0.60

Bubble size = Sector's % of Portfolio

10/31/2013 16

Sector Allocations - Reserve Portfolio

Total 100.0% 100.0%

Negotiable CDs

MMFs 0.0% 0.0% 0.0%

Reserve Portfolio

October 31, 2013

Corporate Notes 19.4%

CDARS 0.0% 0.0% 0.0%

Commercial Paper 0.0% 0.0% 0.0%

Sector 10/31/2013 9/30/2013 Variance

Bank Deposits 0.0% 0.0% 0.0%

Treasuries 66.5% 66.0% 0.4%

0.0% 0.0% 0.0%

Federal Agencies 14.1% 14.8% -0.6%

14.1% Tsy

10/31/2013 17

Sector Allocations: Purchase Yield vs. Weighted Average Maturity

*Based on Market Value

Purchase Yield

Reserve Portfolio

Total 2.75 1.16% 100.0%

% of Portfolio*Sector WAM (Yrs.)

Treasury

Agency

Corporate

2.50 2.60 2.70 2.80 2.90 3.00 3.10 3.20

Bubble size = Sector's % of Portfolio

10/31/2013 18

Core and Reserve Market Values

*Core's market value includes checking accounts

Month End Market Values

Reserve

10/31/2013 19

Total General Portfolio: Market Value

Total General Portfolio Market Value

10/31/2013 20

Total General Portfolio: % of Portfolio: Core vs Reserve

% of Total General Portfolio: Core vs Reserve

Reserve

10/31/2013 21

Portfolio Compliance with Code, Policy, and Guidelines

*The City's Investment Policy and Investment guidelines allow for purchases of securities with longer maturities than those listed above

for funds with longer investment/cash flow horizons.

Asset Backed Securities

92 Days

5 Years

1 Year

32 Days

Maturity Limitations*

Commercial Paper

Negotiable Certificates of Deposit

CRA Certificates of Deposit

Repurchase Agreements

Government Securities

ComplianceSector

Complies

270 Days

180 Days

5 Years

Banker's Acceptances

Complies

Complies-none in portfolio

Complies

Complies-none in portfolio180 Days

Reverse Repo/Securities Lending

Corporate Notes

5 Years

Mortgage Backed Securities/CMOs

10/31/2013 22

Corporate Notes

Percentage Allocation Limitations

20% Combined with ABS

20% Combined with MBS

180 Days

1 Year

Compliance

Complies

$50 Million Per Account

5% Reverse Repo/20% Revs.

Repo +Sec Lending

LAIF State Pool

Complies

Sector

Government Securities

Commercial Paper

Negotiable Certificates of Deposit

CRA Certificates of Deposit

Repurchase Agreements

Reverse Repo/Securities Lending

Complies

Mortgage Backed Securities/CMOs

Asset Backed Securities

Banker's Acceptances

State/Local Agency Securities

Mutual Funds/Money Market Funds

10/31/2013 23

Issuer and Transaction Limitations -- Approved Issuers

Item Limit

Federal Agency Issuer 30% Complies

Compliance

Corporate Notes From Approved List Complies

Dealers From Approved List Complies

Commercial Paper From Approved List Complies

Non-Governmental Issuer 5% Complies

Single Transaction$200 Million w/o Treasurer's

Written ApprovalComplies

10/31/2013 24

Portfolio Maturity Limitations and Duration Ranges

Core Portfolio

Effective Duration 1-5 Govt/Corp Index +/- .10 Complies: 2.67 vs 2.68

Item Limit Compliance

Maturity Limitation One Year Complies

Reserve Portfolio

Item Limit Compliance

10/31/2013 25

Portfolio Statistics-Yield and Duration

*Benchmark: 3 Month T-Bill (3 Month Moving Average) *Benchmark: 1-5 Year Govt/Corp A-AAA (24 Month Moving Average),

changed 8/1/13

Duration at month-end, after index rebalancing for the next month. Core duration does not include checking accounts.

Jul-06 Jul-07 Jul-08 Jul-09 Jul-10 Jul-11 Jul-12 Jul-13

Purchase Yield: Core vs Benchmark*

Benchmark

Reserve Duration Reserve

Benchmark

Purchase Yield: Reserve vs Benchmark*

Reserve

Benchmark

Core Duration Core

Benchmark

10/31/2013 26

Portfolio Statistics-Historical Purchase Yields

Reserve

Total Portfolio

10/31/2013 27

Portfolio Statistics-Historical Duration

Reserve

Total Portfolio

10/31/2013 28

Total General Portfolio Statistics-Sector Allocation History

Sector Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13

Tsy 58.2% 54.5% 53.8% 52.3% 53.5% 52.3% 51.3% 48.9% 55.1% 54.8% 59.1% 59.8%

Agy 17.0% 14.8% 17.4% 18.1% 19.5% 20.2% 17.8% 17.4% 16.7% 13.8% 14.6% 14.0%

Corp 19.8% 17.8% 18.2% 18.5% 19.2% 19.0% 20.6% 19.5% 21.0% 20.1% 20.3% 20.1%

CP 3.1% 10.0% 9.9% 9.9% 6.1% 7.4% 9.3% 12.4% 6.3% 10.2% 4.8% 5.0%

CDARS 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1%

Bank 1.8% 2.8% 0.6% 1.2% 1.5% 1.1% 0.9% 1.6% 0.8% 1.0% 1.1% 1.0%

Total 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%

Cash/Sweep

10/31/2013 29

Portfolio Statistics-Monthly Total Return

Core Benchmark Variance Reserve Benchmark Variance

0.02% 0.00% 0.02% 0.31% 0.31% 0.00%

Sector Core Benchmark Variance Sector Reserve Benchmark Variance

Treasury 0.01% 0.00% 0.01% Treasury 0.23% 0.25% -0.02%

Agency 0.01% 0.00% 0.01% Agency 0.41% 0.34% 0.07%

Corporate 0.02% 0.00% 0.02% Corporate 0.50% 0.66% -0.16%

Benchmark Sector Returns are calculated by FTN Financial Main Street using the

subsector returns of the BU10 index.

Monthly Performance Monthly Performance

*Core Benchmark: 3 Month T-Bill (G0O1 BofA/Merrill Index) *Reserve Benchmark: 1-5 Year Govt/U.S. Corp A-AAA (BU10 BofA/Merrill Index)

Attribution of Sub-Sector Returns Attribution of Sub-Sector Returns

Reserve Benchmark

Reserve vs Benchmark

Core Benchmark

Core vs Benchmark

10/31/2013 30

Portfolio Statistics-Historical Total Return

FY 10 FY 11 FY 12 FY 13 FYTD 14 FY 10 FY 11 FY 12 FY 13 FYTD 14

0.22% 0.22% 0.21% 0.23% 0.07% 5.31% 2.56% 2.38% 0.15% 0.87%

0.16% 0.19% 0.04% 0.13% 0.03% 5.04% 2.67% 2.36% 0.39% 0.90%

0.06% 0.03% 0.17% 0.10% 0.04% 0.27% -0.11% 0.02% -0.24% -0.03%

*Core Benchmark: 3 Month T-Bill (G0O1) *Reserve Benchmark: 1-5 Year Govt/Corp A-AAA (BU10), changed 8/1/13

Core Portfolio

Benchmark*

Variance

Reserve Portfolio

Benchmark*

Variance

FY 10 FY 11 FY 12 FY 13 FYTD 14

Performance Variance: Core vs 3 Mon T-bill

FY 10 FY 11 FY 12 FY 13 FYTD 14

Performance Variance: Reserve vs 1-5Yr Govt/Corp

10/31/2013 31

Portfolio Statistics-Monthly & FYTD Total Return

Portfolio Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun

Core 0.02% 0.01% 0.02% 0.02%

Benchmark 0.01% 0.01% 0.01% 0.00%

Variance 0.01% 0.00% 0.01% 0.02%

Core 0.02% 0.03% 0.05% 0.07%

Benchmark 0.01% 0.02% 0.03% 0.03%

Variance 0.01% 0.01% 0.02% 0.04%

Monthly Performance

Fiscal YTD Performance

Core vs 3 Month T-Bill Index

Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun

Monthly Performance Comparison

Benchmark

FYTD Performance Variance

10/31/2013 32

Portfolio Statistics-Monthly & FYTD Total Return

Reserve 0.30% -0.26% 0.52% 0.31%

Benchmark 0.31% -0.26% 0.54% 0.31%

Variance -0.01% 0.00% -0.02% 0.00%

Reserve 0.30% 0.04% 0.56% 0.87%

Benchmark 0.31% 0.05% 0.59% 0.90%

Variance -0.01% -0.01% -0.03% -0.03%

*The benchmark index for the Reserve Portfolio was changed August 1, 2013

Monthly Performance*

Fiscal YTD Performance*

Reserve vs 1-5 Year Government/Corporate Index

-0.40%

-0.30%

-0.20%

-0.10%

Reserve

Benchmark

-0.10%

-0.05%

10/31/2013 33

Portfolio Attribution: Reserve Treasury vs. Benchmark Treasury

Reserve 0.23% -0.26% 0.48% 0.23%

Benchmark 0.23% -0.28% 0.51% 0.25%

Mon. Var. 0.00% 0.02% -0.03% -0.02%

FYTD Var. 0.00% 0.02% -0.01% -0.03%

Treasury Sector Total Returns

Monthly Variance*

Fiscal YTD Variance*

0.220%

0.270%

0.320%

0.370%

0.420%

0.470%

0.520%

0.570%

Reserve Tsy

Benchmark Tsy

-0.10%

-0.08%

-0.06%

-0.04%

-0.02%

10/31/2013 34

Portfolio Attribution: Reserve Agency vs. Benchmark Agency

Reserve 0.34% -0.30% 0.56% 0.41%

Benchmark 0.27% -0.25% 0.51% 0.34%

Mon. Var. 0.07% -0.05% 0.05% 0.07%

FYTD Var. 0.07% 0.02% 0.07% 0.14%

Agency Sector Total Returns

Monthly Variance*

-0.40%

-0.30%

-0.20%

-0.10%

Reserve Agy

Benchmark Agy

-0.10%

-0.08%

-0.06%

-0.04%

-0.02%

10/31/2013 35

Portfolio Attribution: Reserve Corporate vs. Benchmark Corporate

Reserve 0.49% -0.19% 0.61% 0.50%

Benchmark 0.65% -0.17% 0.72% 0.66%

Mon. Var. -0.16% -0.02% -0.11% -0.16%

FYTD Var. -0.16% -0.18% -0.29% -0.45%

Corporate Sector Total Returns

Monthly Variance*

-0.40%

-0.20%

Reserve Corp

Benchmark Corp

-0.50%

-0.45%

-0.40%

-0.35%

-0.30%

-0.25%

-0.20%

-0.15%

-0.10%

-0.05%

10/31/2013 36

Index Performance: BofA/Merrill 1-5 Yr Govt/Corp (A-AAA)

Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13

Interest 17.8 18.0 17.9 16.9 17.8 17.4 17.5 17.2 17.5 16.9 16.6 17.2

Price 2.4 -19.8 -26.0 9.4 -12.5 9.2 -69.0 -69.0 13.3 -43.2 37.0 15.9

Total 20.2 -1.8 -8.1 26.3 5.3 26.6 -51.5 -51.8 30.8 -26.3 53.6 33.1

Component Total Return

Monthly Price Return vs Interest Return

Price Return

Interest Return

Monthly Total Return

10/31/2013 37

Index Performance: BofA/Merrill 1-5 Yr Sector Total Returns

Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 AVG

Index 20 -2 -8 26 5 27 -52 -52 31 31 54 33 9

Treasury 22 -5 -13 24 4 23 -52 -40 23 23 51 25 7

Agency 21 -3 -7 18 6 21 -44 -52 27 27 51 34 8

Corporate 8 10 4 42 12 40 -56 -103 65 65 72 66 19

Sector Total Returns (Basis Points)

Index Sector Total Returns

Govt/Corp Index

10/31/2013 38

Reserve vs Index: Sector Allocations % of Portfolio/Index

Treasury Allocations: Reserve vs Index

Reserve

Agency Allocations: Reserve vs Index

Reserve

Corporate Allocations: Reserve vs Index Index

Reserve

10/31/2013 39

Total General Portfolio: Credit Quality

S&P Moody's S&P Moody's

% of Port LT Rating LT Rating Issuer % of Port LT Rating LT Rating

US Treasury Note $4,082,000,000 59.48% AA+ Aaa Costco $16,000,000 0.23% A+ A1

FNMA Note $375,000,000 5.46% AA+ Aaa Bank of New York Mellon $15,900,000 0.23% A+ Aa3

FHLMC Note $335,000,000 4.88% AA+ Aaa Apple $15,000,000 0.22% AA+ Aa1

FHLB Note $148,125,000 2.16% AA+ Aaa Intel $15,000,000 0.22% A+ A1

BNP Paribas $124,131,000 1.81% A+ A2 Merck & Co $15,000,000 0.22% AA A2

JPMorgan Chase $101,250,000 1.48% A A2 Oracle $15,000,000 0.22% A+ A1

Bank of Tokyo-Mitsubishi $85,000,000 1.24% A+ A2 Pepsico $15,000,000 0.22% A- A1

Wells Fargo $80,000,000 1.17% A+ A1 Sherwin-Williams $15,000,000 0.22% A A3

Toyota $77,000,000 1.12% AA- Aa3 American Express $10,000,000 0.15% A- A2

Wells Fargo Bank* $70,464,096 1.03% Baxter International $10,000,000 0.15% A A3

General Electric $70,000,000 1.02% AA+ A1 Charles Schwab $10,000,000 0.15% A A2

Coca Cola $67,000,000 0.98% AA- Aa3 Colgate-Palmolive $10,000,000 0.15% AA- Aa3

Honda $60,000,000 0.87% A+ A1 Daimler Finance $10,000,000 0.15% A- A3

Societe Generale $54,000,000 0.79% A A2 Google $10,000,000 0.15% AA Aa2

John Deere $53,000,000 0.77% A A2 Occidental Petroleum $10,000,000 0.15% A A1

Goldman Sachs $49,000,000 0.71% A- A3 Univ. of California $10,000,000 0.15% AA Aa1

FFCB Note $47,000,000 0.68% AA+ Aaa Wal-Mart $10,000,000 0.15% AA Aa2

IBM $45,000,000 0.66% AA- Aa3 Wisconsin Electric Power $10,000,000 0.15% A- A2

TVA Note $45,000,000 0.66% AA+ Aaa Southern Company $9,150,000 0.13% A A2

AT&T $40,000,000 0.58% A- A3 Ebay $9,000,000 0.13% A A2

Berkshire Hathaway $38,000,000 0.55% AA Aa2 Philip Morris $8,754,000 0.13% A A2

US Bancorp $38,000,000 0.55% A+ A1 Altera $8,050,000 0.12% BBB+ Baa1

Prudential Funding $35,001,000 0.51% AA- A2 Becton Dickinson $8,000,000 0.12% A A3

Caterpillar $33,000,000 0.48% A A2 McDonald's $7,000,000 0.10% A A2

Union Bank $32,000,000 0.47% A+ A2 NYSE Euronext $7,000,000 0.10% A A3

Walt Disney $30,000,000 0.44% A A2 State Street $6,000,000 0.09% A+ A1

Blackrock $29,550,000 0.43% A+ A1 3M $5,000,000 0.07% AA- Aa2

BB&T $27,000,000 0.39% A- A2 Georgia Power $5,000,000 0.07% A A3

General Dynamics $25,000,000 0.36% A A2 Home Depot $5,000,000 0.07% A A3

Johnson & Johnson $25,000,000 0.36% AAA Aaa Proamerica Bank $5,000,000 0.07%

Pfizer $25,000,000 0.36% AA A1 Proctor & Gamble $5,000,000 0.07% AA- Aa3

Texas Instrument $25,000,000 0.36% A+ A1 United Health Group $5,000,000 0.07% A A3

PACCAR $24,000,000 0.35% A+ A1 Air Products & Chemicals $3,000,000 0.04% A A2

Praxair $20,275,000 0.30% A A2 Intercontinental Exg. $3,000,000 0.04% A A3

Toronto Dominion $20,001,000 0.29% AA- Aa1 National Oilwell Varco $3,000,000 0.04% A- A2

Cisco Systems $20,000,000 0.29% A+ A1 Uniteted Tech $3,000,000 0.04% A A2

Medtronic $20,000,000 0.29% A+ A2 United Parcel $2,000,000 0.03% A+ Aa3

Microsoft Corp $20,000,000 0.29% AAA Aaa California United Bank $1,000,000 0.01%

Stryker $20,000,000 0.29% A+ A3 Manufacturers Bank $1,000,000 0.01%

Chevron $17,000,000 0.25% AA Aa1 Total $6,862,651,096 100.00%

*Checking account

Issuer

10/31/2013 40

Total General Portfolio Transactions

Buys 24 50 59 46 36 46 60 58 45 50 59 61

Sales 0 0 1 0 0 0 0 0 0 0 0 0

Total 29 35 42 54 38 55 29 27 24 50 60 61

Buys 10 9 6 13 6 8 10 7 9 10 7 7

Sales 10 7 6 6 3 5 9 1 9 11 5 5

Total 15 10 22 18 11 19 15 10 20 16 12 12

Buys 34 59 65 59 42 54 70 65 54 60 66 68

Sales 10 7 7 6 3 5 9 1 9 11 5 5

Total 44 66 72 65 45 59 79 66 63 71 71 73

Core Transactions

Reserve Transactions

Total Transactions

Total Monthly Transactions Buys*

Sells**

*Buys: Core-Includes transfers from Reserve **Sales: Core-Includes calls, Reserve-Includes calls and transfers to Core

10/31/2013 41

Portfolio Transactions-Reserve Portfolio

Trade Date Issuer Type Maturity Date Par Amount Action*

10/1/13 Intercontinental Exch. Note 10/15/18 3,000,000 Buy

10/3/13 Honda Note 10/10/18 5,000,000 Buy

10/15/13 US Treasury Note 7/31/16 40,000,000 Buy

10/15/13 FNMA Note 10/15/14 (40,000,000) Sell

10/21/13 Wells Fargo Note 1/16/18 (15,000,000) Sell

10/21/13 Wells Fargo Note 1/15/19 15,000,000 Buy

10/29/13 Coca Cola Note 11/1/18 22,000,000 Buy

10/30/13 US Bank Note 10/30/14 (10,000,000) Transfer

10/31/13 Pfizer Note 1/15/17 (10,000,000) Sell

10/31/13 US Treasury Note 10/31/14 (133,500,000) Sell

*"Transfer" is from Reserve to Core

10/31/2013 42

Portfolio Transactions-Core Portfolio

10/1/13 Toronto Dominion CP 10/16/13 60,000,000 Buy

10/1/13 Deutsche Bank CP 10/16/13 60,003,000 Buy

10/2/13 Prudential CP 10/17/13 26,000,000 Buy

10/4/13 BNP Paribas CP 10/9/13 16,000,000 Buy

10/4/13 Rockwell Collins CP 10/21/13 16,250,000 Buy

10/4/13 Honds CP 10/10/13 25,000,000 Buy

10/7/13 Bank of Tokyo-MIT CP 10/15/13 14,000,000 Buy

10/7/13 US Treasury Bill 10/10/13 20,000,000 Buy

10/9/13 FHLB Discount 10/24/13 11,000,000 Buy

10/9/13 Bristol-Myer CP 10/15/13 25,000,000 Buy

10/10/13 Dover CP 10/23/13 18,298,000 Buy

10/11/13 Dover CP 10/30/13 17,210,000 Buy

10/31/2013 43

Portfolio Transactions-Core Portfolio (continued)

10/21/13 Societe Generale CP 10/22/13 28,000,000 Buy

10/22/13 Toronto Dominion CP 11/13/13 20,001,000 Buy

10/22/13 Union Bank CP 10/25/13 33,000,000 Buy

10/23/13 Union Bank CP 10/28/13 14,000,000 Buy

10/29/13 Union Bank CP 11/1/13 32,000,000 Buy

10/30/13 US Bank Note 10/30/14 10,000,000 Transfer

10/31/13 US Treasury Bill 11/14/13 50,000,000 Buy

10/31/2013 44

Presentation to the City of Los Angeles Investment … › sites › g › files › wph1051 › f...

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