SECOND Quarter Report - COLOTRUST€¦ · Federal Home Loan Mortgage Corp. 10,000,000 0.88 10/12/18 2.03 9,967,400 - Federal Home Loan Mortgage Corp. 12,350,000 0.95 1/30/19 2.38

Colorado Local Government Liquid Asset Trust

SECOND Quarter ReportE N D I N G J U N E 3 0 , 2 0 1 8 U N A U D I T E D

COLOTRUST PRIME Rated AAAm by Standard & Poor’s

COLOTRUST PLUS+ Rated AAAm by Standard & Poor’s

Standard & Poor’s Ratings in no way guarantee favorable performance results and should not be construed as safety in an investment.

2

MONTHLY WEIGHTED AVERAGE MATURITY (WAM)

RATING*

GENERAL POOL INFORMATION

PARTICIPANT ACCOUNTS BY ENTITY TYPE

Special Districts

18%

SpecialDistricts

56%

SchoolDistricts

30%

SchoolDistricts

15%

Counties15%

Counties5%

Municipalities14%

Municipalities12%

Other 23%

Other 12%

PARTICIPANT BREAKDOWN BY BALANCE

PRIME PLUS+Net Asset Value per Share $1.00 $1.00 Total Net Assets (Millions) $425 $7,715 Average Daily Yield for Month 1.75% 2.14%Average Annualized Yield 1.84% 2.19%Expense Ratio 0.12% 0.12%Fund Inception Date 1985 1994Investment Manager: Public Trust Advisors LLC

PRIME PLUS+S&P AAAm AAAm

COLOTRUST PLUS+ (WAM to Final) COLOTRUST PRIME (WAM to Final)

COLOTRUST PLUS+ (WAM to Reset) COLOTRUST PRIME (WAM to Reset)

The Portfolio’s weighted average maturity is kept under 60 days, whichfurther helps to enhance liquidity and limits market price exposure. — Standard & Poor’s Pool Profile, March 27, 2018 * Standard & Poor’s Ratings in no way guarantee favorable performance results and should not be construed as safety in an investment.

(DAY

S)

120

110

100

90

80

70

60

50

40

30

20

10

0

06/3

0/17

07/3

1/17

08/3

1/17

09/3

0/17

10/3

1/17

11/3

0/17

12/3

1/17

01/3

1/18

02/2

8/17

03/3

1/17

04/3

0/18

05/3

1/18

06/3

0/18

3

Overnight Repurchase Agreements (29%, 0% respectively)* Bank of America/Merrill Lynch Tri-Party (6%, 0% respectively)* $25,426,999 2.11% 7/2/18 2.11% $25,426,999 $ - (Collateralized by a U.S. Government Agency Security with a coupon rate of 0.00% and maturing on 07/15/2032.) Market value plus accrued interest: $25,935,886 BMO Tri-Party (10%, 0% respectively)* 41,478,658 2.05 7/2/18 2.05 $41,478,658 - (Collateralized by U.S. Government Treasury Securities with coupon rates between 0.00% and 5.25% and maturing between 06/30/2018 and 08/15/2047.) Market value plus accrued interest: $42,308,263 RBC Tri-Party (13%, 0% respectively)* 55,046,314 2.04 7/2/18 2.04 $55,046,314 - (Collateralized by U.S. Government Agency Securities with coupon rates between 2.654% and 4.50% and maturing between 02/01/2027 and 01/15/2058.) Market value plus accrued interest: $56,147,241 Cost of ($121,951,971, $0 respectively) 121,951,971 - U.S. Government Treasury Securities (42%, 0% respectively)* Treasury Note/Bond 18,000,000 2.08 - Var. 7/31/18 1.87 18,003,899 - Treasury Note/Bond 15,000,000 1.00 9/15/18 1.00 14,970,704 - Treasury Note/Bond 15,000,000 1.75 10/31/18 1.75 14,986,524 - Treasury Note/Bond 10,000,000 1.96 - Var. 10/31/19 2.00 10,007,508 - Treasury Bill 15,000,000 Disc** 7/12/18 1.80 14,990,987 - Treasury Bill 25,000,000 Disc** 8/23/18 1.89 24,930,563 - Treasury Bill 15,000,000 Disc** 8/30/18 1.86 14,952,114 - Treasury Bill 5,000,000 Disc** 9/6/18 2.01 4,982,202 - Treasury Bill 10,000,000 Disc** 10/25/18 2.06 9,936,931 - Treasury Bill 15,000,000 Disc** 11/8/18 2.08 14,891,235 - Treasury Bill 10,000,000 Disc** 11/15/18 2.12 9,923,313 - Treasury Bill 15,000,000 Disc** 11/29/18 2.20 14,871,102 - Treasury Bill 10,000,000 Disc** 12/6/18 2.19 9,909,919 - Cost of ($177,375,012, $0 respectively) 177,357,001 -

U.S. Government Agency Securities (26%, 1% respectively)* Fannie Mae Notes 80,000,000 Disc** 7/2/18 2.57 - 79,988,734 Federal Home Loan Mortgage Corp. 10,000,000 0.88 10/12/18 2.03 9,967,400 - Federal Home Loan Mortgage Corp. 12,350,000 0.95 1/30/19 2.38 12,248,360 -

* Denotes percentage of market value ** Denotes securities purchased at a discount from par

STATEMENT OF NET ASSETS – June 30, 2018INVESTMENTS, AT FAIR VALUE

COLOTRUST COLOTRUST PRIME PLUS+ Principal Coupon Maturity Effective Fair Fair Amount Rate Yield Value Value

4




Federal Home Loan Bank Notes $15,000,000 Disc** 7/20/18 1.96% $ 14,983,664 $ - Federal Home Loan Bank Notes 15,000,000 Disc** 7/27/18 1.91 14,978,546 - Federal Farm Credit Bank 7,000,000 2.05 11/14/18 2.05 7,004,130 - Federal Farm Credit Bank 23,000,000 1.96 - Var. 12/5/18 2.00 23,001,840 - Federal Farm Credit Bank 20,000,000 2.00 - Var. 7/25/19 2.00 19,988,000 - Federal Farm Credit Bank 7,600,000 1.96 - Var. 11/4/19 2.01 7,592,628 - Cost of ($109,824,764, $80,000,000 respectively) 109,764,568 79,988,734

Money Market Funds (1%, 0% respectively)* State Street Government Portfolio 7,112,867 7,112,867 - Cost of ($7,112,867, $0 respectively)* 7,112,867 -

Corporate Securities (0%, 1% respectively)* Royal Bank of Canada 49,393,000 1.80 7/30/18 1.80 - 49,373,737 Cost of ($0, $49,401,955 respectively) - 49,373,737

Certificates of Deposit (0%, 2% respectively)* US Bank NA Cincinnati 50,000,000 2.22 - Var. 7/23/18 2.22 - 50,000,000 Svenska Handelsbanken AB 50,000,000 2.23 - Var. 7/30/18 2.12 - 49,993,500 Svenska Handelsbanken AB 50,000,000 2.23 - Var. 8/22/18 2.23 - 49,980,000 Cost of ($0, $150,000,000 respectively) - 149,973,500

Commercial Paper (0%, 96% respectively)* Bennington Stark Capital Co., A-1, P-1 50,000,000 Disc** 7/2/18 2.43 - 49,991,790 Caisse des Depot et Consignations, A-1+, P-1 50,000,000 Disc** 7/2/18 2.17 - 49,992,165 Collateralized Commercial Paper II Co., A-1, P-1 25,000,000 2.24 - Var. 7/2/18 2.24 - 25,000,000 Gotham Funding Corp., A-1, P-1 45,500,000 Disc** 7/5/18 2.07 - 45,484,985 Bank Nederlandse Gemeent, A-1+, P-1 50,000,000 Disc** 7/6/18 2.13 - 49,981,720 Cedar Springs Capital Co., A-1, P-1 43,000,000 Disc** 7/6/18 2.25 - 42,983,445 Anglesea Funding LLC, A-1, P-1 50,000,000 Disc** 7/9/18 2.26 - 49,972,360 Caisse des Depot et Consignations, A-1+, P-1 50,000,000 Disc** 7/9/18 2.16 - 49,973,890 Barton Capital SA, A-1, P-1 50,000,000 Disc** 7/11/18 2.38 - 49,966,665 LMA Americas LLC, A-1, P-1 40,000,000 Disc** 7/11/18 1.96 - 39,973,332 Australia & New Zealand Banking Group Ltd., A-1+, P-1 50,000,000 Disc** 7/12/18 2.31 - 49,966,055

5

Kells Funding LLC, A-1+, P-1 $45,000,000 Disc** 7/12/18 2.36% $ - $44,967,987 Kfw, A-1+, P-1 50,000,000 Disc** 7/12/18 2.16 - 49,966,055 Antalis SA, A-1, P-1 45,090,000 Disc** 7/13/18 2.25 - 45,054,753 CDP Financial Inc., A-1+, P-1 33,200,000 Disc** 7/13/18 2.32 - 33,175,727 Collateralized Commercial Paper II Co., A-1, P-1 25,000,000 2.26 - Var. 7/13/18 2.26 - 25,000,000 Crown Point Capital Co., A-1, P-1 50,000,000 Disc** 7/13/18 1.99 - 49,960,915 NRW. Bank, A-1+, P-1 50,000,000 Disc** 7/13/18 2.14 - 49,963,445 Atlantic Asset Securitization LLC, A-1, P-1 50,000,000 Disc** 7/16/18 2.38 - 49,952,305 Erste Abwicklungsanstalt, A-1+, P-1 50,000,000 Disc** 7/17/18 2.32 - 49,953,000 Kells Funding LLC, A-1+, P-1 50,000,000 Disc** 7/17/18 2.31 - 49,950,000 Swedbank, A-1+, P-1 50,000,000 Disc** 7/17/18 2.33 - 49,953,000 Crown Point Capital Co., A-1, P-1 50,000,000 Disc** 7/18/18 1.99 - 49,946,695 Lexington Parker Capital, A-1, P-1 30,000,000 Disc** 7/18/18 2.22 - 29,968,017 Ridgefield Funding Co. LLC, A-1, P-1 45,000,000 Disc** 7/18/18 2.42 - 44,952,026 Australia & New Zealand Banking Group Ltd., A-1+, P-1 50,000,000 2.23 - Var. 7/19/18 2.23 - 50,005,400 NRW. Bank, A-1+, P-1 50,000,000 Disc** 7/19/18 2.15 - 49,947,780 Mitsubishi UFJ Trust & Banking Corp., A-1, P-1 50,000,000 Disc** 7/20/18 2.39 - 49,940,790 Kells Funding LLC, A-1+, P-1 40,000,000 Disc** 7/23/18 2.33 - 39,946,132 Australia & New Zealand Banking Group Ltd., A-1+, P-1 50,000,000 Disc** 7/24/18 2.27 - 49,934,720 Collateralized Commercial Paper II Co., A-1, P-1 50,000,000 2.30 - Var. 7/24/18 2.30 - 50,002,850 Collateralized Commercial Paper II Co., A-1, P-1 20,000,000 2.30 - Var. 7/24/18 2.30 - 20,002,140 Nordea North America Inc., A-1+, P-1 50,000,000 Disc** 7/24/18 1.94 - 49,934,720 Oversea-Chinese Banking Co. Ltd., A-1+, P-1 25,000,000 2.25 - Var. 7/24/18 2.25 - 24,998,233 Swedbank, A-1+, P-1 50,000,000 Disc** 7/24/18 1.94 - 49,934,720 Toronto Dominion Bank, A-1+, P-1 50,000,000 Disc** 7/24/18 2.29 - 49,934,720 Toronto Dominion Bank, A-1+, P-1 44,000,000 2.26 - Var. 7/24/18 2.26 - 43,997,334 CDP Financial Inc., A-1+, P-1 39,500,000 Disc** 7/25/18 2.29 - 39,446,367 Collateralized Commercial Paper II Co., A-1, P-1 38,000,000 2.30 - Var. 7/25/18 2.17 - 38,002,280 Credit Suisse New York, A-1, P-1 50,000,000 Disc** 7/25/18 2.00 - 49,925,970 DBS Bank Ltd., A-1+, P-1 50,000,000 Disc** 7/25/18 2.41 - 49,932,110 Toyota Motor Credit Corp., A-1+, P-1 50,000,000 Disc** 7/25/18 2.39 - 49,932,110 DZ Bank AG NY, A-1+, P-1 59,520,000 Disc** 7/26/18 2.31 - 59,436,077 Erste Abwicklungsanstalt, A-1+, P-1 50,000,000 Disc** 7/27/18 2.34 - 49,926,890 DNB Bank ASA, A-1, P-1 50,000,000 2.25 - Var. 7/30/18 2.14 - 50,000,000 NRW. Bank, A-1+, P-1 50,000,000 Disc** 7/30/18 2.21 - 49,919,055 Crown Point Capital Co., A-1, P-1 25,000,000 Disc** 7/31/18 2.20 - 24,953,778 NRW. Bank, A-1+, P-1 41,247,000 Disc** 7/31/18 2.20 - 41,178,072 Toyota Motor Credit Corp., A-1+, P-1 50,000,000 2.08 - Var. 7/31/18 2.19 - 50,000,000 Atlantic Asset Securitization LLC, A-1, P-1 50,000,000 2.17 - Var. 8/1/18 2.28 - 49,997,500 Collateralized Commercial Paper II Co., A-1, P-1 50,000,000 Disc** 8/1/18 2.07 - 49,905,125 National Australia Bank Ltd., A-1+, P-1 50,000,000 2.14 - Var. 8/1/18 2.25 - 50,000,000 Gotham Funding Corp., A-1, P-1 57,950,000 Disc** 8/2/18 2.37 - 57,836,163 Ontario Teachers’ Finance Trust, A-1+, P-1 40,000,000 Disc** 8/2/18 2.10 - 39,928,600 Toronto Dominion Bank, A-1+, P-1 35,000,000 Disc** 8/3/18 2.28 - 34,935,688




6



Barton Capital SA, A-1, P-1 $41,400,000 Disc** 8/6/18 2.71% $ - $41,308,229 Mitsubishi UFJ Trust & Banking Corp., A-1, P-1 50,000,000 Disc** 8/6/18 2.39 - 49,890,220 Victory Receivables Corp., A-1, P-1 50,000,000 Disc** 8/6/18 2.37 - 49,889,165 LMA Americas LLC, A-1, P-1 110,000,000 Disc** 8/8/18 2.37 - 109,742,116 Credit Suisse New York, A-1, P-1 40,000,000 Disc** 8/9/18 2.47 - 39,904,788 Ontario Teachers’ Finance Trust, A-1+, P-1 50,000,000 Disc** 8/10/18 2.38 - 49,889,165 Kells Funding LLC, A-1+, P-1 25,000,000 Disc** 8/13/18 2.33 - 24,934,375 Nordea North America Inc., A-1+, P-1 50,000,000 Disc** 8/13/18 2.28 - 49,880,625 Barton Capital SA, A-1, P-1 50,000,000 Disc** 8/14/18 2.36 - 49,863,915 NRW. Bank, A-1+, P-1 40,000,000 Disc** 8/17/18 2.33 - 39,895,468 Atlantic Asset Securitization LLC, A-1, P-1 50,000,000 2.33 - Var. 8/20/18 2.33 - 50,000,000 Nordea North America Inc., A-1+, P-1 50,000,000 Disc** 8/20/18 2.12 - 49,860,610 Ridgefield Funding Co. LLC, A-1, P-1 40,000,000 2.35 - Var. 8/21/18 2.35 - 40,000,000 Coca-Cola Co., A-1, P-1 50,000,000 Disc** 8/22/18 2.05 - 49,855,250 Erste Abwicklungsanstalt, A-1+, P-1 25,000,000 Disc** 8/22/18 2.58 - 24,927,625 Erste Abwicklungsanstalt, A-1+, P-1 50,000,000 Disc** 8/23/18 2.35 - 49,852,570 NRW. Bank, A-1+, P-1 50,000,000 Disc** 8/24/18 2.61 - 49,849,110 Mitsubishi UFJ Trust & Banking Corp., A-1, P-1 50,000,000 Disc** 8/27/18 2.38 - 49,825,460 Collateralized Commercial Paper II Co., A-1, P-1 50,000,000 2.40 - Var. 8/28/18 2.40 - 50,000,000 Collateralized Commercial Paper Co., A-1, P-1 50,000,000 2.40 - Var. 8/28/18 2.40 - 50,000,000 Starbird Funding Corp., A-1, P-1 50,000,000 Disc** 8/28/18 2.34 - 49,817,500 Barton Capital SA, A-1, P-1 50,000,000 Disc** 8/29/18 2.39 - 49,814,460 Erste Abwicklungsanstalt, A-1+, P-1 25,000,000 Disc** 8/31/18 2.33 - 24,914,250 Societe Generale SA, A-1, P-1 94,600,000 Disc** 8/31/18 2.36 - 94,333,465 Crown Point Capital Co., A-1, P-1 80,000,000 2.37 - Var. 9/4/18 2.47 - 80,000,000 Crown Point Capital Co., A-1, P-1 50,000,000 Disc** 9/4/18 2.47 - 49,794,345 Starbird Funding Corp., A-1, P-1 50,000,000 Disc** 9/4/18 2.41 - 49,794,345 Oversea-Chinese Banking Co. Ltd., A-1+, P-1 50,000,000 Disc** 9/5/18 2.38 - 49,813,945 Gotham Funding Corp., A-1, P-1 50,000,000 Disc** 9/6/18 2.46 - 49,787,250 Swedbank, A-1+, P-1 50,000,000 Disc** 9/6/18 2.34 - 49,810,250 Toronto Dominion Bank, A-1+, P-1 25,000,000 Disc** 9/6/18 2.37 - 24,905,125 Collateralized Commercial Paper Co., A-1, P-1 50,000,000 2.38 - Var. 9/7/18 2.46 - 50,000,000 Commonwealth Bank of Australia, A-1+, P-1 48,000,000 Disc** 9/7/18 2.32 - 47,815,200 Commonwealth Bank of Australia, A-1+, P-1 50,000,000 Disc** 9/10/18 2.33 - 49,798,235 Concord Minuteman Cap Co., A-1, P-1 25,323,000 Disc** 9/10/18 2.49 - 25,208,492 Old Line Funding LLC, A-1+, P-1 52,900,000 Disc** 9/10/18 2.44 - 52,668,298 Starbird Funding Corp., A-1, P-1 25,000,000 Disc** 9/10/18 2.50 - 24,886,953 Ridgefield Funding Co. LLC, A-1, P-1 50,000,000 Disc** 9/12/18 2.57 - 49,766,665 United Overseas Bank Ltd. Singapore, A-1+, P-1 50,000,000 Disc** 9/12/18 2.38 - 49,791,665 DBS Bank Ltd., A-1+, P-1 50,000,000 Disc** 9/13/18 2.44 - 49,788,890 Atlantic Asset Securitization LLC, A-1, P-1 41,000,000 Disc** 9/17/18 2.54 - 40,794,090 Old Line Funding LLC, A-1+, P-1 50,000,000 2.39 - Var. 9/17/18 2.39 - 50,000,000 Oversea-Chinese Banking Co. Ltd., A-1+, P-1 50,000,000 Disc** 9/17/18 2.45 - 49,775,555


7



Svenska Handelsbanken AB, A-1+, P-1 $40,000,000 Disc** 9/17/18 2.44% $ - $39,820,444 Kells Funding LLC, A-1+, P-1 50,000,000 Disc** 9/18/18 2.45 - 49,754,750 Sumitomo Mitsui Banking, A-1, P-1 50,000,000 Disc** 9/18/18 2.56 - 49,754,750 Toronto Dominion Bank, A-1+, P-1 35,000,000 Disc** 9/19/18 2.44 - 34,838,962 Natixis NY Branch, A-1, P-1 40,000,000 Disc** 9/21/18 2.71 - 39,843,200 Erste Abwicklungsanstalt, A-1+, P-1 25,000,000 Disc** 9/26/18 2.56 - 24,873,298 Kells Funding LLC, A-1+, P-1 50,000,000 Disc** 9/27/18 2.84 - 49,725,000 Toyota Motor Credit Corp., A-1+, P-1 50,000,000 2.36 - Var. 9/27/18 2.45 - 50,000,000 Atlantic Asset Securitization LLC, A-1, P-1 35,000,000 Disc** 10/1/18 2.58 - 34,788,891 CDP Financial Inc., A-1+, P-1 35,000,000 Disc** 10/1/18 2.56 - 34,810,825 Mitsubishi UFJ Trust & Banking Corp., A-1, P-1 50,000,000 Disc** 10/1/18 3.17 - 49,711,470 Ridgefield Funding Co. LLC, A-1, P-1 50,000,000 Disc** 10/1/18 2.60 - 49,698,415 Atlantic Asset Securitization LLC, A-1, P-1 38,522,000 Disc** 10/3/18 2.74 - 38,284,704 Old Line Funding LLC, A-1+, P-1 32,900,000 Disc** 10/4/18 2.50 - 32,692,566 Liberty Street Funding LLC, A-1, P-1 50,000,000 Disc** 10/5/18 2.48 - 49,684,220 Ontario Teachers’ Finance Trust, A-1+, P-1 25,000,000 Disc** 10/5/18 2.49 - 24,858,445 HSBC Bank PLC, A-1+, P-1 50,000,000 2.48 - Var. 10/9/18 2.53 - 50,037,700 JP Morgan Securities, A-1, P-1 50,000,000 Disc** 10/9/18 3.00 - 49,684,085 United Overseas Bank Ltd. Singapore, A-1+, P-1 50,000,000 Disc** 10/10/18 2.50 - 49,701,015 Old Line Funding LLC, A-1+, P-1 50,000,000 2.45 - Var. 10/11/18 2.48 - 50,000,000 Ridgefield Funding Co. LLC, A-1, P-1 50,000,000 2.46 - Var. 10/11/18 2.48 - 50,000,000 JP Morgan Securities, A-1, P-1 50,000,000 2.44 - Var. 10/12/18 2.46 - 50,000,000 JP Morgan Securities, A-1, P-1 50,000,000 2.28 - Var. 10/15/18 2.28 - 50,000,000 Old Line Funding LLC, A-1+, P-1 50,000,000 2.51 - Var. 10/15/18 2.51 - 50,000,000 Swedbank, A-1+, P-1 50,000,000 Disc** 10/15/18 2.48 - 49,683,500 Alpine Securitization LLC, A-1, P-1 50,000,000 2.40 10/19/18 2.40 - 50,000,000 Toronto Dominion Bank, A-1+, P-1 50,000,000 2.30 - Var. 10/23/18 2.30 - 50,000,000 Westpac Banking Corp., A-1+, P-1 50,000,000 2.31 - Var. 10/24/18 2.31 - 50,012,050 CDP Financial Inc., A-1+, P-1 45,000,000 Disc** 10/26/18 2.48 - 44,681,675 Anglesea Funding LLC, A-1, P-1 50,000,000 2.37 - Var. 10/29/18 2.46 - 50,000,000 Australia & New Zealand Banking Group Ltd., A-1+, P-1 50,000,000 Disc** 10/29/18 3.13 - 49,635,695 Collateralized Commercial Paper II Co., A-1, P-1 50,000,000 Disc** 10/31/18 2.84 - 49,609,055 Alpine Securitization LLC, A-1, P-1 50,000,000 2.40 11/1/18 2.40 - 49,999,975 Credit Suisse New York, A-1, P-1 40,000,000 Disc** 11/1/18 2.53 - 39,684,724 Ontario Teachers’ Finance Trust, A-1+, P-1 50,000,000 Disc** 11/2/18 2.21 - 49,622,000 Anglesea Funding LLC, A-1, P-1 50,000,000 2.42 - Var. 11/5/18 2.45 - 50,000,000 Ontario Teachers’ Finance Trust, A-1+, P-1 25,000,000 Disc** 11/6/18 2.52 - 24,805,000 Toyota Motor Credit Corp., A-1+, P-1 50,000,000 2.28 - Var. 11/6/18 2.33 - 50,000,000 Dexia Credit Local SA NY, A-1+, P-1 25,000,000 Disc** 11/7/18 2.49 - 24,802,590 Bedford Row Funding Corp., A-1+, P-1 50,000,000 2.21 11/9/18 2.38 - 50,000,000 Toyota Motor Credit Corp., A-1+, P-1 50,000,000 2.29 - Var. 11/13/18 2.29 - 50,000,000 Anglesea Funding LLC, A-1, P-1 50,000,000 2.44 - Var. 11/19/18 2.44 - 50,000,000 United Overseas Bank Ltd. Singapore, A-1+, P-1 50,000,000 Disc** 11/20/18 2.70 - 49,562,000 Anglesea Funding LLC, A-1, P-1 50,000,000 2.37 - Var. 11/26/18 2.46 - 50,000,000


8

Collateralized Commercial Paper II Co., A-1, P-1 $43,000,000 Disc** 11/26/18 2.52% $ - $ 42,584,332 Societe Generale SA, A-1, P-1 50,000,000 2.37 - Var. 11/26/18 2.38 - 50,000,000 Societe Generale SA, A-1, P-1 50,000,000 Disc** 11/27/18 2.56 - 49,511,345 Old Line Funding LLC, A-1+, P-1 50,000,000 2.31 - Var. 11/29/18 2.31 - 50,000,000 Toronto Dominion Bank, A-1+, P-1 50,000,000 Disc** 11/30/18 2.52 - 49,527,305 Ridgefield Funding Co. LLC, A-1, P-1 50,000,000 Disc** 12/5/18 2.65 - 49,456,750 United Overseas Bank Ltd. Singapore, A-1+, P-1 50,000,000 Disc** 12/5/18 2.59 - 49,509,750 United Overseas Bank Ltd. Singapore, A-1+, P-1 50,000,000 Disc** 12/6/18 2.89 - 49,506,665 La Fayette Asset Securitization LLC, A-1, P-1 25,000,000 Disc** 12/11/18 2.69 - 24,716,980 LMA Americas LLC, A-1, P-1 50,000,000 Disc** 12/11/18 2.69 - 49,433,960 Australia & New Zealand Banking Group Ltd., A-1+, P-1 50,000,000 Disc** 12/17/18 2.66 - 49,470,375 Swedbank, A-1+, P-1 50,000,000 Disc** 12/18/18 2.72 - 49,464,890 Ontario Teachers’ Finance Trust, A-1+, P-1 48,500,000 Disc** 1/2/19 2.57 - 47,933,156 Bedford Row Funding Corp., A-1+, P-1 50,000,000 2.32 - Var. 1/14/19 2.32 - 50,000,000 Bedford Row Funding Corp., A-1+, P-1 50,000,000 2.34 - Var. 1/22/19 2.34 - 50,000,000 KfW, A-1+, P-1 50,000,000 Disc** 1/22/19 2.11 - 49,413,500 Bedford Row Funding Corp., A-1+, P-1 50,000,000 2.52 - Var. 2/28/19 2.22 - 50,000,000 Australia & New Zealand Banking Group Ltd., A-1+, P-1 50,000,000 2.29 - Var. 3/8/19 2.36 - 50,000,000 Cost of ($0, $7,416,860,564 respectively) - 7,417,523,337 Total Investments in Securities Cost of ($416,264,614, $7,696,262,519 respectively) 416,186,407 7,696,859,308 Deposit Balances in Custodian Banks (2%, 0%, respectively)* Wells Fargo Cash 15,967,778 1.06% 7/20/18 1.06% 8,658,189 15,967,778 Cost of ($8,658,189, $15,967,778 respectively) 8,658,189 15,967,778 Other Assets Accrued Interest Receivable 378,154 2,652,360 Total Assets 425,222,750 7,715,479,446

Less Liabilities Administration and Investment Advisory Fees 43,411 775,107 Total Liabilities 43,411 775,107

Net Assets $425,179,339 $7,714,704,339 Components of Capital Capital (Par Value) 425,257,546 7,714,107,550 Unrealized Appreciation/(Depreciation) on Investments (78,207) 596,789 Net Assets $425,179,339 $7,714,704,339 Outstanding Participant Shares 425,257,546 7,714,107,550 Net Asset Value per Share $1.00 $1.00

STATEMENT OF NET ASSETS – June 30, 2018


INVESTMENTS, AT FAIR VALUE

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From Investment Activities: Net Investment Income $2,887,825 $3,540,082 $63,483,622 $75,044,111 Net Change in Unrealized Appreciation/(Depreciation) on Investments (37,391) (60,626) 1,323,769 (1,058,182) Realized Gain/(Loss) on Investments (2) 270 44,022 65,140 Net Increase in Net Assets Resulting from Operations 2,850,432 3,479,726 64,851,413 74,051,069 Distributions to Participants from Net Investment Income (2,887,825) (3,540,082) (63,483,622) (75,044,111)Distributions to Participants from Net Realized Gain/(Loss) 2 (270) (44,022) (65,140)Net Increase/(Decrease) in Net Assets from Share Transactions 1,389,972 (88,645,794) 1,695,433,744 1,675,545,971 Net Increase/(Decrease) in Net Assets 1,352,581 (88,706,420) 1,696,757,513 1,674,487,789 Net Assets: Beginning of Period . 423,826,758 512,533,178 6,017,946,826 4,343,459,037 End of Period $425,179,339 $423,826,758 $7,714,704,339 $6,017,946,826

Investment Income $3,121,316 $67,574,287 Expenses: Administration and Investment Advisory Fees 233,491 4,090,665 Net Investment Income 2,887,825 63,483,622 Net Realized Gain/(Loss) on Investments (2) 44,022 Change in Net Unrealized Appreciation/(Depreciation) on Investments (37,391) 1,323,769 Net Realized Gain/(Loss) and Unrealized Gain/(Loss) on Investments (37,393) 1,367,791 Net Increase in Net Assets Resulting from Operations $2,850,432 $64,851,413

STATEMENT OF OPERATIONS

STATEMENTS OF CHANGES IN NET ASSETS

(Six Months Ended June 30, 2018)

(Six Months Ended June 30, 2018 and Year Ended December 31, 2017)

COLOTRUST COLOTRUST PRIME PLUS+

COLOTRUST PRIME COLOTRUST PLUS+ 2018 2017 2018 2017

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717 17th Street, Suite 1850Denver, CO 80202T (303) 864-7474 (Denver Metro)T (877) 311-0219F (877) 311-0220www.colotrust.com

Ms. Kristen ColonellDirector of Business Services, Sheridan School District #2

Mr. James Covington County Treasurer, Lincoln County

Ms. Suzi DeYoung Chief Financial Officer, Adams 12 Five Star Schools

Mr. A.M. Dominguez, Jr.Board Member, Colorado District Attorney’s Council

Mr. Mario DominguezSenior Investment Portfolio Analyst, City and County of Denver

Ms. Brigitte GrimmCounty Treasurer, Adams County

Ms. Michelle MillerCounty Treasurer and Public Trustee, Park County

Mr. Brett RidgwayChief Business Officer, School District 49 - Falcon

Mr. James Ruthven Designee, Reserve Metropolitan District #1

Ms. Terry SchuelerFinancial Services Advisor, St. Vrain Valley S.D. RE-1J

Mr. Steven Shipley, CPAFinance Director, S. Suburban Parks & Recreation District

Mr. Scott Wright, CPA, CPFOAsst. Town Manager, Town of Avon

BOARD OF TRUSTEES

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On August 3, 2018, the Unaudited Financial Report of the Colorado Local Government Liquid Asset Trust (“COLOTRUST”) for the quarter ended June 30, 2018 was approved by the COLOTRUST audit committee. This report should be read in conjunction with the Annual Report for the year ended December 31, 2017 and is available on the COLOTRUST website (www.colotrust.com).

The unaudited interim financial report has been prepared by and is the responsibility of COLOTRUST management. The unaudited financial information is subject to adjustments that may be identified when audit work is performed on the year-end financial statements, which could result in differences from this unaudited financial information. The COLOTRUST independent auditor has not performed a review of these interim financial statements.

Documents

SECOND Quarter Report - COLOTRUST€¦ · Federal Home Loan Mortgage Corp. 10,000,000 0.88 10/12/18 2.03 9,967,400 - Federal Home Loan Mortgage Corp. 12,350,000 0.95 1/30/19 2.38