Retirement Commission Special Meeting Agenda & Materials (PDF)

INVESTMENT AND INSURANCE PRODUCTS ARE:
•
NOT INSURED BY THE FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC) OR ANY FEDERAL GOVERNMENT AGENCY
•
NOT A DEPOSIT, OBLIGATION OF, OR GUARANTEED BY ANY BANK OR BANKING AFFILIATE
•
SUBJECT TO INVESTMENT RISKS AND MAY LOSE VALUE, INCLUDING POSSIBLE LOSS OF PRINCIPAL AMOUNT INVESTED
PCS - NEW YORK
510 N VALLEY MILLS DRIVE, SUITE 400
WACO, TX
76710-6075
TOWN OF WATERFORD PENSION TRUST FUND
TRADE DATE, REVIEWED
ACCOUNT NUMBER 26005000
QUARTERLY STATEMENT
JANUARY 1, 2023
THROUGH MARCH 31, 2023
PFGEDD
ACCOUNT CONTACT: TOM WRIGHT
TELEPHONE NUMBER: 515-878-6001
0413

Custody and trust services are provided by Principal Bank®, Member FDIC, and/or Principal Trust Company®. These services are provided under the trade
name Principal® Custody Solutions. Principal Trust Company is a trade name of Delaware Charter Guarantee & Trust Company. Principal Bank and
Principal Trust Company are members of the Principal Financial Group®, Des Moines, IA 50392.
ASSET VALUATION PRACTICES
VALUES REFLECTED FOR PUBLICLY TRADED ASSETS ARE OBTAINED FROM UNAFFILIATED SOURCES. IN SITUATIONS WHERE AN ASSET VALUE CANNOT BE
PROVIDED BY OUR UNAFFILIATED PRICING SOURCES, SUCH AS BUT NOT LIMITED TO NON-PUBLICLY TRADED ASSETS, THE CUSTOMER OR THEIR DESIGNATED
REPRESENTATIVE MUST PROVIDE THE UPDATED VALUE. IF PRINCIPAL CUSTODY SOLUTIONS DOES NOT RECEIVE AN UPDATED VALUE, OR IS UNABLE TO USE
THE VALUE PROVIDED, THE LAST REPORTED VALUE WILL CONTINUE TO BE REPORTED.
VALUES OBTAINED
FROM THE CUSTOMER OR THEIR DESIGNATED
REPRESENTATIVE SHOULD NOT BE CONSIDERED TO BE CERTIFIED BY PRINCIPAL BANK/PRINCIPAL TRUST COMPANY, AS APPLICABLE.
SPECIAL INVESTMENTS
"SPECIAL INVESTMENTS" ARE ASSETS NOT HELD IN CUSTODY BY PRINCIPAL BANK/PRINCIPAL TRUST COMPANY BUT WHOSE VALUE MAY BE SHOWN ON
ACCOUNT STATEMENTS. EXAMPLES OF SPECIAL INVESTMENTS INCLUDE, BUT ARE NOT LIMITED TO, COMMON OR COLLECTIVE FUNDS NOT ADMINISTERED BY
PRINCIPAL BANK/PRINCIPAL TRUST COMPANY (OR THEIR AFFILIATES), HEDGE FUNDS, LIMITED PARTNERSHIPS, AND OTHER UNREGISTERED SECURITIES.
AT THE DIRECTION OF AND AS A MATTER OF CONVENIENCE TO ITS CLIENTS, PRINCIPAL BANK/PRINCIPAL TRUST COMPANY MAY BE REPORT SPECIAL
INVESTMENTS AS A RECORDKEEPING ITEM ON ACCOUNT STATEMENTS, AT NOMINAL VALUE OR SUCH OTHER VALUE PROVIDED BY CLIENTS/EXTERNAL SOURCES.
NEITHER PRINCIPAL BANK NOR PRINCIPAL TRUST COMPANY IS RESPONSIBLE FOR THE ACCURACY OF INFORMATION PROVIDED BY EXTERNAL SOURCES, AND
DOES NOT CERTIFY THAT INFORMATION PROVIDED BY THESE EXTERNAL SOURCES IS TRUE OR CORRECT FOR THE SPECIAL INVESTMENTS REFLECTED IN YOUR
ACCOUNT.
TRADE CONFIRMS
PURSUANT TO FEDERAL REGULATION, MONTHLY OR QUARTERLY ACCOUNT STATEMENTS THAT INCLUDE INVESTMENT TRANSACTION DETAILS MAY BE PROVIDED
IN LIEU OF SEPARATE TRADE CONFIRMATIONS.
SEPARATE TRADE CONFIRMS MAY BE OBTAINED AT NO ADDITIONAL COST UPON WRITTEN REQUEST TO THE
ACCOUNT MANAGER.
UNCLAIMED PROPERTY DESIGNATED REPRESENTATIVE NOTIFICATION
YOUR PROPERTY MAY BE TRANSFERRED TO THE APPROPRIATE STATE IF NO ACTIVITY OCCURS IN THE ACCOUNT WITHIN THE TIME PERIOD SPECIFIED BY
STATE LAW. IF YOUR STATE OF RESIDENCE ALLOWS, YOU MAY DESIGNATE A REPRESENTATIVE FOR THE PURPOSE OF RECEIVING NOTICE OF ACCOUNT
INACTIVITY BY PROVIDING THE NAME AND MAILING OR EMAIL ADDRESS OF A REPRESENTATIVE. THE DESIGNATED REPRESENTATIVE DOES NOT HAVE ANY
RIGHTS TO YOUR ACCOUNT. PLEASE REFER TO YOUR STATE'S UNCLAIMED PROPERTY WEBSITE FOR MORE INFORMATION AND INSTRUCTIONS ON HOW TO
DESIGNATE A REPRESENTATIVE FOR NOTICE.

TABLE OF CONTENTS
WATERFORD PENSION
AS OF MARCH 31, 2023
ACCOUNT NUMBER 26005000
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
REPORT NAME
PAGE #
¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯
RECONCILIATION OF MARKET VALUE ..................................................................
1
RECONCILEMENT OF CASH BALANCES ..................................................................
2
RECONCILEMENT OF COST VALUE .....................................................................
3
CHANGE IN UNREALIZED GAIN/LOSS ..................................................................
4
SUMMARY OF NET INCOME EARNED ....................................................................
5
NET FUND ADJUSTMENT .............................................................................
6
BALANCE SHEET ...................................................................................
7
SUMMARY OF ASSETS ...............................................................................
8
STATEMENT OF ASSETS AND LIABILITIES .............................................................
9
SCHEDULE OF INCOME EARNED........................................................................
11
SCHEDULE OF SECURITY ACQUISITIONS ...............................................................
14
SCHEDULE OF SECURITY DISPOSITIONS ...............................................................
18
SCHEDULE OF PENDING TRADES ......................................................................
20
SCHEDULE OF OTHER SECURITY CHANGES ..............................................................
21
SCHEDULE OF CONTRIBUTIONS AND OTHER CASH RECEIPTS ...............................................
22
SCHEDULE OF BENEFIT PAYMENTS AND CASH DISBURSEMENTS .............................................
23
BOND MATURITY SCHEDULE ..........................................................................
25
BROKERAGE SUMMARY ...............................................................................
26

PAGE 1
RECONCILIATION OF MARKET VALUE
WATERFORD PENSION
FOR THE PERIOD JANUARY 1, 2023
THROUGH MARCH 31, 2023
ACCOUNT NUMBER 26005000
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
BEGINNING MARKET VALUE
508,244.83
RECEIPTS
________
INCOME
INTEREST
95.01
DIVIDENDS
1,533.92
NET CHANGE IN ACCRUED INCOME
5.97
TOTAL INCOME
1,634.90
REALIZED GAIN / LOSS
-4,557.65
UNREALIZED GAIN / LOSS
35,146.74
------------------
TOTAL RECEIPTS
32,223.99
DISBURSEMENTS
_____________
BENEFIT PAYMENTS
PERIODIC PAYMENT
-23,603.28
TOTAL BENEFIT PAYMENTS
-23,603.28
EXPENSES
INVESTMENT MANAGEMENT FEE
-697.53
ADMINISTRATIVE EXPENSE
-469.08
TOTAL EXPENSES
-1,166.61
TOTAL DISBURSEMENTS
-24,769.89
------------------
ENDING MARKET VALUE
515,698.93
==================

PAGE 2
RECONCILEMENT OF CASH BALANCES
WATERFORD PENSION
FOR THE PERIOD JANUARY 1, 2023
THROUGH MARCH 31, 2023
ACCOUNT NUMBER 26005000
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
BEGINNING CASH BALANCE
0.00
RECEIPTS
________
INCOME
INTEREST
95.01
DIVIDENDS
1,533.92
TOTAL INCOME
1,628.93
PROCEEDS FROM DISPOSITIONS
85,495.15
------------------
TOTAL RECEIPTS
87,124.08
DISBURSEMENTS
_____________
BENEFIT PAYMENTS
PERIODIC PAYMENT
-23,603.28
TOTAL BENEFIT PAYMENTS
-23,603.28
EXPENSES
INVESTMENT MANAGEMENT FEE
-697.53
ADMINISTRATIVE EXPENSE
-469.08
TOTAL EXPENSES
-1,166.61
COST OF ACQUISITIONS
-62,354.19
------------------
TOTAL DISBURSEMENTS
-87,124.08
------------------
ENDING CASH BALANCE
0.00
------------------

PAGE 3
RECONCILEMENT OF COST VALUE
WATERFORD PENSION
FOR THE PERIOD JANUARY 1, 2023
THROUGH MARCH 31, 2023
ACCOUNT NUMBER 26005000
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
BEGINNING COST VALUE
533,138.50
RECEIPTS
________
INCOME
INTEREST
95.01
DIVIDENDS
1,533.92
NET CHANGE IN ACCRUED INCOME
5.97
TOTAL INCOME
1,634.90
REALIZED GAIN / LOSS
-4,557.65
------------------
TOTAL RECEIPTS
-2,922.75
DISBURSEMENTS
_____________
BENEFIT PAYMENTS
PERIODIC PAYMENT
-23,603.28
TOTAL BENEFIT PAYMENTS
-23,603.28
EXPENSES
INVESTMENT MANAGEMENT FEE
-697.53
ADMINISTRATIVE EXPENSE
-469.08
TOTAL EXPENSES
-1,166.61
------------------
TOTAL DISBURSEMENTS
-24,769.89
------------------
ENDING COST VALUE
505,445.86
==================

PAGE 4
CHANGE IN UNREALIZED GAIN/LOSS
WATERFORD PENSION
FOR THE PERIOD JANUARY 1, 2023
THROUGH MARCH 31, 2023
ACCOUNT NUMBER 26005000
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
UNREALIZED
GAIN/LOSS
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
ENDING UNREALIZED GAIN LOSS
ACCOUNT MARKET VALUE - CURRENT PERIOD
515,698.93
ACCOUNT COST VALUE - CURRENT PERIOD
-505,445.86
------------------
10,253.07
BEGINNING UNREALIZED GAIN/LOSS
ACCOUNT MARKET VALUE - PRIOR PERIOD
-508,244.83
ACCOUNT COST VALUE - PRIOR PERIOD
533,138.50
------------------
24,893.67
LESS BEGINNING UNREALIZED GAIN/LOSS FOR
ASSETS RECEIVED
OTHER SECURITY RECEIPTS AT MARKET
0.00
OTHER SECURITY RECEIPTS AT COST
0.00
------------------
0.00
PLUS BEGINNING UNREALIZED GAIN/LOSS FOR
ASSETS DELIVERED
OTHER SECURITY DISBURSEMENTS AT MARKET
0.00
OTHER SECURITY DISBURSEMENTS AT COST
0.00
------------------
0.00
------------------
NET CHANGE IN UNREALIZED GAIN/LOSS
35,146.74
------------------

PAGE 5
SUMMARY OF NET INCOME EARNED
WATERFORD PENSION
FOR THE PERIOD JANUARY 1, 2023
THROUGH MARCH 31, 2023
ACCOUNT NUMBER 26005000
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
INCOME
¯¯¯¯¯¯
INTEREST
95.01
DIVIDENDS
1,533.92
------------------
GROSS INCOME COLLECTED
1,628.93
LESS: EXPENSE OF INCOME
0.00
NET INCOME COLLECTED
1,628.93
ADJUSTMENTS
¯¯¯¯¯¯¯¯¯¯¯
CURRENT ACCRUED INCOME
35.01
LESS: PRIOR ACCRUED INCOME
-29.04
NET CHANGE IN ACCRUED INCOME
5.97
------------------
NET INCOME EARNED
1,634.90
------------------

PAGE 6
NET FUND ADJUSTMENT
WATERFORD PENSION
FOR THE PERIOD JANUARY 1, 2023
THROUGH MARCH 31, 2023
ACCOUNT NUMBER 26005000
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
UNREALIZED GAIN / LOSS
35,146.74
REALIZED GAIN / LOSS
-4,557.65
NET INCOME:
INTEREST
95.01
DIVIDENDS
1,533.92
REAL ESTATE AND MIA INCOME
0.00
OTHER INCOME
0.00
EXPENSE OF INCOME COLLECTED
0.00
NET CHANGE IN ACCRUED INCOME
5.97
ADMINISTRATIVE AND OTHER EXPENSES
-1,166.61
------------------
NET FUND ADJUSTMENT
31,057.38

PAGE 7
BALANCE SHEET
WATERFORD PENSION
FOR THE PERIOD JANUARY 1, 2023 THROUGH MARCH 31, 2023
ACCOUNT NUMBER 26005000
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
BEGINNING
ENDING
HISTORICAL COST/
HISTORICAL COST/
% TOTAL
BEGINNING
ENDING
% TOTAL
REVALUED COST
REVALUED COST
COST
MARKET VALUE
MARKET VALUE
MARKET
-----------------
-----------------
------
-----------------
-----------------
------
CASH
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
CASH EQUIVALENTS
1,580.31
1,672.69
0.33
1,580.31
1,672.69
0.32
1,580.31
1,672.69
MUTUAL FUNDS
531,529.15
503,738.16
99.67
506,635.48
513,991.23
99.68
506,635.48
485,830.23
-----------------------------------------------------------------------------------------------
TOTAL ASSETS
533,109.46
505,410.85
100.00
508,215.79
515,663.92
100.00
508,215.79
487,502.92
PENDING CASH
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
ACCRUED INCOME
29.04
35.01
29.04
35.01
29.04
35.01
-----------------------------------------------------------------------------------------------
TOTAL ACCOUNT
533,138.50
505,445.86
508,244.83
515,698.93
508,244.83
487,537.93
-----------------------------------------------------------------------------------------------

PAGE 8
SUMMARY OF ASSETS
WATERFORD PENSION
AS OF MARCH 31, 2023
ACCOUNT NUMBER 26005000
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
UNREALIZED
% TOTAL
ESTIMATED
CURRENT
COST VALUE
MARKET VALUE
GAIN/LOSS
MARKET
ANNUAL INCOME
YIELD
ACCRUED INCOME
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯
CASH
0.00
0.00
0.00
CASH EQUIVALENTS
1,672.69
1,672.69
0.00
0.33
77.84
4.65
35.01
MUTUAL FUNDS
503,738.16
513,991.23
10,253.07
99.67
12,000.96
2.34
0.00
_________________
_________________
________________
______
______________
_____
______________
TOTAL ASSETS
505,410.85
515,663.92
10,253.07
99.99
12,078.80
2.34
35.01
ACCRUED INCOME
35.01
35.01
0.01
NET PENDING TRADES
0.00
0.00
0.00
_________________
_________________
________________
______
______________
_____
______________
TOTAL ACCOUNT
505,445.86
515,698.93
10,253.07
100.00
12,078.80
2.34
35.01
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯

PAGE 9
STATEMENT OF ASSETS AND LIABILITIES
WATERFORD PENSION
AS OF MARCH 31, 2023
ACCOUNT NUMBER 26005000
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
COST VALUE
MARKET VALUE
PRICING
UNREALIZED
ACCRUED
PAR VALUE/SHARES
DESCRIPTION
/ UNIT COST
/ UNIT PRICE
DATE
GAIN/LOSS
INCOME
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯
CASH EQUIVALENTS
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
OTHER CASH EQUIVALENTS
OTHER MONEY MARKET FUNDS
1,672.690
ALLSPRING GOVERNMENT
1,672.69
1,672.69
0.00
35.01
MONEY MARKET FUND
100.0000
100.0000
3/31/23
INSTL CLASS - #1751
VP4560000
_________________
_________________
_________________
________________
TOTAL OTHER MONEY MARKET FUNDS
1,672.69
1,672.69
0.00
35.01
_________________
_________________
_________________
________________
TOTAL OTHER CASH EQUIVALENTS
1,672.69
1,672.69
0.00
35.01
TOTAL CASH EQUIVALENTS
1,672.69
1,672.69
0.00
35.01
MUTUAL FUNDS
¯¯¯¯¯¯¯¯¯¯¯¯
MUTUAL FUNDS - EQUITY
2,612.320
EUROPACIFIC GROWTH FUND CLASS R6
145,774.19
140,725.68
5,048.51-
0.00
#2616
55.8026
53.8700
3/31/23
298706821
1,742.789
FIDELITY TOTAL MARKET INDEX FUND
162,705.18
198,102.83
35,397.65
0.00
CLASS FAI #2361
93.3591
113.6700
3/31/23
315911693
_________________
_________________
_________________
________________
TOTAL MUTUAL FUNDS - EQUITY
308,479.37
338,828.51
30,349.14
0.00
MUTUAL FUNDS - CORPORATE BONDS
692.697
ARTISAN HIGH INCOME FUND
6,073.94
5,998.76
75.18-
0.00
CLASS INST #2468
8.7685
8.6600
3/31/23
04314H568

PAGE 10
STATEMENT OF ASSETS AND LIABILITIES
WATERFORD PENSION
AS OF MARCH 31, 2023
ACCOUNT NUMBER 26005000
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
COST VALUE
MARKET VALUE
PRICING
UNREALIZED
ACCRUED
PAR VALUE/SHARES
DESCRIPTION
/ UNIT COST
/ UNIT PRICE
DATE
GAIN/LOSS
INCOME
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯
5,655.957
BAIRD AGGREGATE BOND FUND-
63,473.52
55,541.50
7,932.02-
0.00
INSTITUTIONAL SHARES #72
11.2224
9.8200
3/31/23
057071854
4,236.883
BLACKROCK STRATEGIC INCOME
41,956.64
39,191.17
2,765.47-
0.00
OPPORTUNITIES PORTFOLIO
9.9027
9.2500
3/31/23
CLASS K #1944
09260B374
1,090.513
BRANDYWINEGLOBAL-GLOBAL
10,000.00
9,890.95
109.05-
0.00
OPPORTUNITIES BOND FUND
9.1700
9.0700
3/31/23
CLASS IS #2266
524686318
1,081.171
FIDELITY INFLATION PROTECTED BOND
10,000.83
10,087.33
86.50
0.00
INDEX FUND CLASS FAI #2418
9.2500
9.3300
3/31/23
31635T104
6,287.877
METROPOLITAN WEST TOTAL RETURN BOND
63,753.86
54,453.01
9,300.85-
0.00
FUND CLASS PLN #712
10.1392
8.6600
3/31/23
592905764
_________________
_________________
_________________
________________
TOTAL MUTUAL FUNDS - CORPORATE BONDS
195,258.79
175,162.72
20,096.07-
0.00
TOTAL MUTUAL FUNDS
503,738.16
513,991.23
10,253.07
0.00
TOTAL ASSETS AND LIABILITIES
505,410.85
515,663.92
10,253.07
35.01
ACCRUED INCOME
35.01
35.01
_______________________________________________________________
TOTAL ACCOUNT
505,445.86
515,698.93
10,253.07
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯

PAGE
11
SCHEDULE OF INCOME EARNED
WATERFORD PENSION
FOR THE PERIOD JANUARY 1, 2023 THROUGH MARCH 31, 2023
ACCOUNT NUMBER 26005000
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
PRIOR
CURRENT
ACTIVITY
PAR VALUE
NET INCOME
ACCRUED
ACCRUED
EARNED
DATE
DESCRIPTION
SHARES
COLLECTED
INCOME
INCOME
INCOME
¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯
¯¯¯¯¯¯
¯¯¯¯¯¯
CASH EQUIVALENTS
ALLSPRING GOVERNMENT
MONEY MARKET FUND
INSTL CLASS - #1751
CUSIP VP4560000
12/31/22
PRIOR ACCRUED INCOME
1,580.31
29.04
01/03/23
INCOME RECEIPT RECEIVED
0.00
29.04
02/01/23
INCOME RECEIPT RECEIVED
0.00
9.61
03/01/23
INCOME RECEIPT RECEIVED
0.00
56.36
03/31/23
CURRENT ACCRUED INCOME
1,672.69
35.01
______________
______________
______________
______________
TOTAL
95.01
29.04
35.01
100.98
¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯
CASH EQUIVALENTS TOTAL
95.01
29.04
35.01
100.98
MUTUAL FUNDS
ARTISAN HIGH INCOME FUND
CLASS INST #2468
CUSIP 04314H568
12/31/22
PRIOR ACCRUED INCOME
0.00
0.00
02/01/23
INCOME RECEIPT RECEIVED
0.00
1.16
03/02/23
INCOME RECEIPT RECEIVED
0.00
34.41
04/03/23
INCOME RECEIPT RECEIVED
0.00
38.37
03/31/23
CURRENT ACCRUED INCOME
692.70
0.00
______________
______________
______________
______________
TOTAL
73.94
0.00
0.00
73.94
BAIRD AGGREGATE BOND FUND-
INSTITUTIONAL SHARES #72
CUSIP 057071854
12/31/22
PRIOR ACCRUED INCOME
5,109.39
0.00
01/26/23
INCOME RECEIPT RECEIVED
0.00
104.60
02/27/23
INCOME RECEIPT RECEIVED
0.00
141.08
03/28/23
INCOME RECEIPT RECEIVED
0.00
153.97
03/31/23
CURRENT ACCRUED INCOME
5,655.96
0.00
______________
______________
______________
______________
TOTAL
399.65
0.00
0.00
399.65

PAGE
12
SCHEDULE OF INCOME EARNED
WATERFORD PENSION
FOR THE PERIOD JANUARY 1, 2023 THROUGH MARCH 31, 2023
ACCOUNT NUMBER 26005000
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
PRIOR
CURRENT
ACTIVITY
PAR VALUE
NET INCOME
ACCRUED
ACCRUED
EARNED
DATE
DESCRIPTION
SHARES
COLLECTED
INCOME
INCOME
INCOME
¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯
¯¯¯¯¯¯
¯¯¯¯¯¯
BLACKROCK STRATEGIC INCOME
OPPORTUNITIES PORTFOLIO
CLASS K #1944
CUSIP 09260B374
12/31/22
PRIOR ACCRUED INCOME
7,374.39
0.00
02/02/23
INCOME RECEIPT RECEIVED
0.00
247.00
03/02/23
INCOME RECEIPT RECEIVED
0.00
126.13
04/03/23
INCOME RECEIPT RECEIVED
0.00
160.76
03/31/23
CURRENT ACCRUED INCOME
4,236.88
0.00
______________
______________
______________
______________
TOTAL
533.89
0.00
0.00
533.89
FIDELITY INFLATION PROTECTED BOND
INDEX FUND CLASS FAI #2418
CUSIP 31635T104
12/31/22
PRIOR ACCRUED INCOME
0.00
0.00
02/01/23
INCOME RECEIPT RECEIVED
0.00
0.01
03/01/23
INCOME RECEIPT RECEIVED
0.00
0.18
04/03/23
INCOME RECEIPT RECEIVED
0.00
0.64
03/31/23
CURRENT ACCRUED INCOME
1,081.17
0.00
______________
______________
______________
______________
TOTAL
0.83
0.00
0.00
0.83
METROPOLITAN WEST TOTAL RETURN BOND
FUND CLASS PLN #712
CUSIP 592905764
12/31/22
PRIOR ACCRUED INCOME
5,661.81
0.00
02/01/23
INCOME RECEIPT RECEIVED
0.00
144.94
03/02/23
INCOME RECEIPT RECEIVED
0.00
164.23
04/03/23
INCOME RECEIPT RECEIVED
0.00
174.44
03/31/23
CURRENT ACCRUED INCOME
6,287.88
0.00
______________
______________
______________
______________
TOTAL
483.61
0.00
0.00
483.61
PGIM GLOBAL TOTAL RETURN FUND
CLASS R6
CUSIP 74439A509
12/31/22
PRIOR ACCRUED INCOME
2,442.47
0.00
02/02/23
INCOME RECEIPT RECEIVED
0.00
42.00
03/31/23
CURRENT ACCRUED INCOME
0.00
0.00
______________
______________
______________
______________
TOTAL
42.00
0.00
0.00
42.00

PAGE
13
SCHEDULE OF INCOME EARNED
WATERFORD PENSION
FOR THE PERIOD JANUARY 1, 2023 THROUGH MARCH 31, 2023
ACCOUNT NUMBER 26005000
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
PRIOR
CURRENT
ACTIVITY
PAR VALUE
NET INCOME
ACCRUED
ACCRUED
EARNED
DATE
DESCRIPTION
SHARES
COLLECTED
INCOME
INCOME
INCOME
¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯
¯¯¯¯¯¯
¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯
MUTUAL FUNDS TOTAL
1,533.92
0.00
0.00
1,533.92
¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯
GRAND TOTAL
1,628.93
29.04
35.01
1,634.90

PAGE 14
SCHEDULE OF SECURITY ACQUISITIONS
WATERFORD PENSION
FOR THE PERIOD JANUARY 1, 2023 THROUGH MARCH 31, 2023
ACCOUNT NUMBER 26005000
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
BROKER
DATE
PAR VALUE/SHARES
DESCRIPTION
COMMISSION
CASH
COST VALUE
¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯
¯¯¯¯
¯¯¯¯¯¯¯¯¯¯
CASH EQUIVALENTS
ALLSPRING GOVT MM FD-INSTL #1751
CUSIP VP4560000
3/31/23
24,862.270
CASH SWEEP PURCHASES FOR THE PERIOD
0.00
24,862.27-
24,862.27
1/01/23 TO 3/31/23
-----------------
----------
-----------------
-----------------
24,862.270
ASSET TOTAL
0.00
24,862.27-
24,862.27
TOTAL CASH EQUIVALENTS
0.00
24,862.27-
24,862.27
MUTUAL FUNDS
ARTISAN HIGH INCOME-INST #2468
CUSIP 04314H568
1/27/23
684.151
PURCHASED 684.151
0.00
6,000.00-
6,000.00
SHARES/UNITS
AT $8.77 ON TRADE DATE 1/27/23
TO SETTLE
1/30/23
COMMISSION $0.00
684.151 SHARES AT 8.77 USD
1/31/23
0.132
PURCHASED 0.132
0.00
1.16-
1.16
SHARES/UNITS
UNDER TERMS OF DIVIDEND REINVESTMENT
PAYABLE
2/01/23
2/28/23
3.983
PURCHASED 3.983
0.00
34.41-
34.41
SHARES/UNITS
UNDER TERMS OF DIVIDEND REINVESTMENT
PAYABLE
3/01/23
3/31/23
4.431
PURCHASED 4.431
0.00
38.37-
38.37
SHARES/UNITS
UNDER TERMS OF DIVIDEND REINVESTMENT
PAYABLE
4/03/23
-----------------
----------
-----------------
-----------------
692.697
ASSET TOTAL
0.00
6,073.94-
6,073.94
BAIRD AGGREGATE BOND FUND-INST #72
CUSIP 057071854

PAGE 15
SCHEDULE OF SECURITY ACQUISITIONS
WATERFORD PENSION
FOR THE PERIOD JANUARY 1, 2023 THROUGH MARCH 31, 2023
ACCOUNT NUMBER 26005000
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
BROKER
DATE
PAR VALUE/SHARES
DESCRIPTION
COMMISSION
CASH
COST VALUE
¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯
¯¯¯¯
¯¯¯¯¯¯¯¯¯¯
1/25/23
10.555
PURCHASED 10.555
0.00
104.60-
104.60
SHARES/UNITS
UNDER TERMS OF DIVIDEND REINVESTMENT
PAYABLE
1/26/23
1/27/23
505.561
PURCHASED 505.561
0.00
5,000.00-
5,000.00
SHARES/UNITS
AT $9.89 ON TRADE DATE 1/27/23
TO SETTLE
1/30/23
COMMISSION $0.00
505.561 SHARES AT 9.89 USD
2/24/23
14.696
PURCHASED 14.696
0.00
141.08-
141.08
SHARES/UNITS
UNDER TERMS OF DIVIDEND REINVESTMENT
PAYABLE
2/27/23
3/27/23
15.759
PURCHASED 15.759
0.00
153.97-
153.97
SHARES/UNITS
UNDER TERMS OF DIVIDEND REINVESTMENT
PAYABLE
3/28/23
-----------------
----------
-----------------
-----------------
546.571
ASSET TOTAL
0.00
5,399.65-
5,399.65
BLACKROCK STRAT INC OPP-K #1944
CUSIP 09260B374
1/31/23
26.333
PURCHASED 26.333
0.00
247.00-
247.00
SHARES/UNITS
UNDER TERMS OF DIVIDEND REINVESTMENT
PAYABLE
2/01/23
2/28/23
13.665
PURCHASED 13.665
0.00
126.13-
126.13
SHARES/UNITS
UNDER TERMS OF DIVIDEND REINVESTMENT
PAYABLE
3/01/23
3/31/23
17.379
PURCHASED 17.379
0.00
160.76-
160.76
SHARES/UNITS
UNDER TERMS OF DIVIDEND REINVESTMENT
PAYABLE
4/03/23
-----------------
----------
-----------------
-----------------
57.377
ASSET TOTAL
0.00
533.89-
533.89

PAGE 16
SCHEDULE OF SECURITY ACQUISITIONS
WATERFORD PENSION
FOR THE PERIOD JANUARY 1, 2023 THROUGH MARCH 31, 2023
ACCOUNT NUMBER 26005000
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
BROKER
DATE
PAR VALUE/SHARES
DESCRIPTION
COMMISSION
CASH
COST VALUE
¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯
¯¯¯¯
¯¯¯¯¯¯¯¯¯¯
BRANDYWINEGLB-GLB OPP BD-IS #2266
CUSIP 524686318
1/27/23
1,090.513
PURCHASED 1,090.513
0.00
10,000.00-
10,000.00
SHARES/UNITS
AT $9.17 ON TRADE DATE 1/27/23
TO SETTLE
1/30/23
COMMISSION $0.00
1,090.513 SHARES AT 9.17 USD
-----------------
----------
-----------------
-----------------
1,090.513
ASSET TOTAL
0.00
10,000.00-
10,000.00
FIDELITY INFL PROT BD-FAI #2418
CUSIP 31635T104
1/27/23
1,081.081
PURCHASED 1,081.081
0.00
10,000.00-
10,000.00
SHARES/UNITS
AT $9.25 ON TRADE DATE 1/27/23
TO SETTLE
1/30/23
COMMISSION $0.00
1,081.081 SHARES AT 9.25 USD
1/31/23
0.001
PURCHASED 0.001
0.00
0.01-
0.01
SHARES/UNITS
UNDER TERMS OF DIVIDEND REINVESTMENT
PAYABLE
2/01/23
2/28/23
0.020
PURCHASED 0.02
0.00
0.18-
0.18
SHARES/UNITS
UNDER TERMS OF DIVIDEND REINVESTMENT
PAYABLE
3/01/23
3/31/23
0.069
PURCHASED 0.069
0.00
0.64-
0.64
SHARES/UNITS
UNDER TERMS OF DIVIDEND REINVESTMENT
PAYABLE
4/03/23
-----------------
----------
-----------------
-----------------
1,081.171
ASSET TOTAL
0.00
10,000.83-
10,000.83
METROPOLITAN WEST T/R BD-PLN #712
CUSIP 592905764

PAGE 17
SCHEDULE OF SECURITY ACQUISITIONS
WATERFORD PENSION
FOR THE PERIOD JANUARY 1, 2023 THROUGH MARCH 31, 2023
ACCOUNT NUMBER 26005000
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
BROKER
DATE
PAR VALUE/SHARES
DESCRIPTION
COMMISSION
CASH
COST VALUE
¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯
¯¯¯¯
¯¯¯¯¯¯¯¯¯¯
1/27/23
570.125
PURCHASED 570.125
0.00
5,000.00-
5,000.00
SHARES/UNITS
AT $8.77 ON TRADE DATE 1/27/23
TO SETTLE
1/30/23
COMMISSION $0.00
570.125 SHARES AT 8.77 USD
1/31/23
16.527
PURCHASED 16.527
0.00
144.94-
144.94
SHARES/UNITS
UNDER TERMS OF DIVIDEND REINVESTMENT
PAYABLE
2/01/23
2/28/23
19.367
PURCHASED 19.367
0.00
164.23-
164.23
SHARES/UNITS
UNDER TERMS OF DIVIDEND REINVESTMENT
PAYABLE
3/01/23
3/31/23
20.051
PURCHASED 20.051
0.00
174.44-
174.44
SHARES/UNITS
UNDER TERMS OF DIVIDEND REINVESTMENT
PAYABLE
4/03/23
-----------------
----------
-----------------
-----------------
626.070
ASSET TOTAL
0.00
5,483.61-
5,483.61
TOTAL MUTUAL FUNDS
0.00
37,491.92-
37,491.92
------------------------------------------------------
TOTAL SECURITY ACQUISITIONS
0.00
62,354.19-
62,354.19
------------------------------------------------------

PAGE 18
SCHEDULE OF SECURITY DISPOSITIONS
WATERFORD PENSION
FOR THE PERIOD JANUARY 1, 2023 THROUGH MARCH 31, 2023
ACCOUNT NUMBER 26005000
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
TRADE
BROKER
TRANSACTION
DATE
PAR VALUE/SHARES
DESCRIPTION
COMMISSION
PROCEEDS
COST VALUE
REALIZED GAIN/LOSS
¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
CASH EQUIVALENTS
ALLSPRING GOVT MM FD-INSTL #1751
CUSIP VP4560000
3/31/23
24,769.890- CASH SWEEP SALES
0.00
24,769.89
24,769.89-
0.00
1/01/23 TO
3/31/23
__________
_________________
_________________
________________
24,769.890- ASSET TOTAL
0.00
24,769.89
24,769.89-
0.00
TOTAL CASH EQUIVALENTS
0.00
24,769.89
24,769.89-
0.00
MUTUAL FUNDS
AMER FNDS EUROPAC GROW-R6 #2616
CUSIP 298706821
1/27/23
185.874- SOLD 185.874
0.00
10,000.00
10,372.25-
372.25-
SHARES/UNITS
AT 53.8 ON TRADE DATE 1/27/23
TO SETTLE
1/30/23
COMMISSION $0.00
185.874 SHARES AT 53.80 USD
__________
_________________
_________________
________________
185.874- ASSET TOTAL
0.00
10,000.00
10,372.25-
372.25-
BLACKROCK STRAT INC OPP-K #1944
CUSIP 09260B374
1/27/23
3,194.888- SOLD 3,194.888
0.00
30,000.00
31,664.27-
1,664.27-
SHARES/UNITS
AT 9.39 ON TRADE DATE 1/27/23
TO SETTLE
1/30/23
COMMISSION $0.00
3,194.888 SHARES AT 9.39 USD

PAGE 19
SCHEDULE OF SECURITY DISPOSITIONS
WATERFORD PENSION
FOR THE PERIOD JANUARY 1, 2023 THROUGH MARCH 31, 2023
ACCOUNT NUMBER 26005000
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
TRADE
BROKER
TRANSACTION
DATE
PAR VALUE/SHARES
DESCRIPTION
COMMISSION
PROCEEDS
COST VALUE
REALIZED GAIN/LOSS
¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
__________
_________________
_________________
________________
3,194.888- ASSET TOTAL
0.00
30,000.00
31,664.27-
1,664.27-
FIDELITY TOTAL MKT IDX-FAI #2361
CUSIP 315911693
1/27/23
70.746- SOLD 70.746
0.00
8,000.00
6,604.78-
1,395.22
SHARES/UNITS
AT 113.08 ON TRADE DATE 1/27/23
TO SETTLE
1/30/23
COMMISSION $0.00
70.746 SHARES AT 113.08 USD
__________
_________________
_________________
________________
70.746- ASSET TOTAL
0.00
8,000.00
6,604.78-
1,395.22
PGIM GLOBAL TOTAL RETURN-R6
CUSIP 74439A509
1/27/23
2,442.468- SOLD 2,442.468
0.00
12,725.26
16,641.61-
3,916.35-
SHARES/UNITS
AT 5.21 ON TRADE DATE 1/27/23
TO SETTLE
1/30/23
COMMISSION $0.00
2,442.468 SHARES AT 5.21 USD
__________
_________________
_________________
________________
2,442.468- ASSET TOTAL
0.00
12,725.26
16,641.61-
3,916.35-
TOTAL MUTUAL FUNDS
0.00
60,725.26
65,282.91-
4,557.65-
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
TOTAL SECURITY DISPOSITIONS
0.00
85,495.15
90,052.80-
4,557.65-
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯

PAGE 20
PENDING TRADES SCHEDULE
WATERFORD PENSION
FOR THE PERIOD JANUARY 1, 2023 THROUGH MARCH 31, 2023
ACCOUNT NUMBER 26005000
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
REALIZED
TRADE DATE
PAR VALUE/SHARE
DESCRIPTION
UNIT PRICE
PROCEEDS
COST
GAIN/LOSS
¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯
¯¯¯¯
¯¯¯¯¯¯¯¯¯
*****
NO ACTIVITY FOR THIS PERIOD
*****

PAGE 21
SCHEDULE OF OTHER SECURITY CHANGES
WATERFORD PENSION
FOR THE PERIOD JANUARY 1, 2023 THROUGH MARCH 31, 2023
ACCOUNT NUMBER 26005000
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
DATE
PAR VALUE/SHARES
DESCRIPTION
COST VALUE
MARKET VALUE
UNREALIZED GAIN/LOSS
¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
*****
NO ACTIVITY FOR THIS PERIOD
*****

PAGE 22
SCHEDULE OF CONTRIBUTIONS AND OTHER CASH RECEIPTS
WATERFORD PENSION
FOR THE PERIOD JANUARY 1, 2023 THROUGH MARCH 31, 2023
ACCOUNT NUMBER 26005000
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
DATE
DESCRIPTION
CASH
¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯
*****
NO ACTIVITY FOR THIS PERIOD
*****

PAGE 23
SCHEDULE OF BENEFIT PAYMENTS AND OTHER CASH DISBURSEMENTS
WATERFORD PENSION
FOR THE PERIOD JANUARY 1, 2023 THROUGH MARCH 31, 2023
ACCOUNT NUMBER 26005000
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
DATE
DESCRIPTION
CASH
¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯
BENEFIT PAYMENTS
BENEFIT PAYMENTS-PERIODIC
1/31/23
CASH DISBURSEMENT
7,867.76-
PAID TO / ISSUED AS
PERIODIC PAYMENT(S)
BENEFIT PAYMENTS FOR THE MONTH OF
JANUARY
2/28/23
CASH DISBURSEMENT
7,867.76-
PAID TO / ISSUED AS
PERIODIC PAYMENT(S)
BENEFIT PAYMENTS FOR THE MONTH OF
FEBRUARY
3/31/23
CASH DISBURSEMENT
7,867.76-
PAID TO / ISSUED AS
PERIODIC PAYMENT(S)
BENEFIT PAYMENTS FOR THE MONTH OF
MARCH
-----------------
TOTAL BENEFIT PAYMENTS-PERIODIC
23,603.28-
TOTAL BENEFIT PAYMENTS
23,603.28-
EXPENSES
INVESTMENT MANAGEMENT EXPENSES
2/01/23
CASH DISBURSEMENT
697.53-
PAID TO FIDUCIENT ADVISORS
INVESTMENT MANAGEMENT FEE ACH
QTR ENDING 12/31/22 INVOICE# 1250_12312022
-----------------
TOTAL INVESTMENT MANAGEMENT EXPENSES
697.53-
ADMINISTRATIVE EXPENSES
BANK FEE
1/20/23
FEE
469.08-
BANK FEE
-----------------
TOTAL BANK FEE
469.08-

PAGE 24
SCHEDULE OF BENEFIT PAYMENTS AND OTHER CASH DISBURSEMENTS
WATERFORD PENSION
FOR THE PERIOD JANUARY 1, 2023 THROUGH MARCH 31, 2023
ACCOUNT NUMBER 26005000
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
DATE
DESCRIPTION
CASH
¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯
-----------------
TOTAL ADMINISTRATIVE EXPENSES
469.08-
TOTAL EXPENSES
1,166.61-
-----------------
TOTAL BENEFIT PAYMENTS AND OTHER CASH DISBURSEMENTS
24,769.89-
-----------------

PAGE
25
BOND MATURITY SCHEDULE
WATERFORD PENSION
AS OF MARCH 31, 2023
ACCOUNT NUMBER 26005000
__________________________________________________________________________________________________________________________________________
MATURITY
% OF
CUMULATIVE %
% OF
CUMULATIVE %
YEAR
PAR VALUE
COST VALUE
MARKET VALUE
PAR VALUE
PAR VALUE
MARKET VALUE
MARKET VALUE
¯¯¯¯
¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯
***** NO POSITIONS QUALIFY FOR THIS REPORTING PERIOD *****

INVESTMENT AND INSURANCE PRODUCTS ARE:
•
NOT INSURED BY THE FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC) OR ANY FEDERAL GOVERNMENT AGENCY
•
NOT A DEPOSIT, OBLIGATION OF, OR GUARANTEED BY ANY BANK OR BANKING AFFILIATE
•
SUBJECT TO INVESTMENT RISKS AND MAY LOSE VALUE, INCLUDING POSSIBLE LOSS OF PRINCIPAL AMOUNT INVESTED
PAGE 26
SCHEDULE OF BROKER COMMISSIONS
WATERFORD PENSION
FOR THE PERIOD JANUARY 1, 2023 THROUGH MARCH 31, 2023
ACCOUNT NUMBER 26005000
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
PAR VALUE/
TOTAL
% OF COMMISSION TO
COMMISSION PER
BROKER
SHARES
COMMISSION
TRANSACTION AMOUNT
TRANSACTION AMOUNT
SHARE IN CENTS
¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯
*****
NO ACTIVITY FOR THIS PERIOD
*****

INVESTMENT AND INSURANCE PRODUCTS ARE:
•
NOT INSURED BY THE FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC) OR ANY FEDERAL GOVERNMENT AGENCY
•
NOT A DEPOSIT, OBLIGATION OF, OR GUARANTEED BY ANY BANK OR BANKING AFFILIATE
•
SUBJECT TO INVESTMENT RISKS AND MAY LOSE VALUE, INCLUDING POSSIBLE LOSS OF PRINCIPAL AMOUNT INVESTED
PCS - CONNECTICUT
510 N VALLEY MILLS DRIVE, SUITE 400
WACO, TX
76710-6075
TOWN OF WATERFORD OPEB
TRADE DATE, REVIEWED
ACCOUNT NUMBER 26005100
QUARTERLY STATEMENT
JANUARY 1, 2023
THROUGH MARCH 31, 2023
PFGEDD
ACCOUNT CONTACT: TOM WRIGHT
TELEPHONE NUMBER: 515-878-6001
0413

Custody and trust services are provided by Principal Bank®, Member FDIC, and/or Principal Trust Company®. These services are provided under the trade
name Principal® Custody Solutions. Principal Trust Company is a trade name of Delaware Charter Guarantee & Trust Company. Principal Bank and
Principal Trust Company are members of the Principal Financial Group®, Des Moines, IA 50392.
ASSET VALUATION PRACTICES
VALUES REFLECTED FOR PUBLICLY TRADED ASSETS ARE OBTAINED FROM UNAFFILIATED SOURCES. IN SITUATIONS WHERE AN ASSET VALUE CANNOT BE
PROVIDED BY OUR UNAFFILIATED PRICING SOURCES, SUCH AS BUT NOT LIMITED TO NON-PUBLICLY TRADED ASSETS, THE CUSTOMER OR THEIR DESIGNATED
REPRESENTATIVE MUST PROVIDE THE UPDATED VALUE. IF PRINCIPAL CUSTODY SOLUTIONS DOES NOT RECEIVE AN UPDATED VALUE, OR IS UNABLE TO USE
THE VALUE PROVIDED, THE LAST REPORTED VALUE WILL CONTINUE TO BE REPORTED.
VALUES OBTAINED
FROM THE CUSTOMER OR THEIR DESIGNATED
REPRESENTATIVE SHOULD NOT BE CONSIDERED TO BE CERTIFIED BY PRINCIPAL BANK/PRINCIPAL TRUST COMPANY, AS APPLICABLE.
SPECIAL INVESTMENTS
"SPECIAL INVESTMENTS" ARE ASSETS NOT HELD IN CUSTODY BY PRINCIPAL BANK/PRINCIPAL TRUST COMPANY BUT WHOSE VALUE MAY BE SHOWN ON
ACCOUNT STATEMENTS. EXAMPLES OF SPECIAL INVESTMENTS INCLUDE, BUT ARE NOT LIMITED TO, COMMON OR COLLECTIVE FUNDS NOT ADMINISTERED BY
PRINCIPAL BANK/PRINCIPAL TRUST COMPANY (OR THEIR AFFILIATES), HEDGE FUNDS, LIMITED PARTNERSHIPS, AND OTHER UNREGISTERED SECURITIES.
AT THE DIRECTION OF AND AS A MATTER OF CONVENIENCE TO ITS CLIENTS, PRINCIPAL BANK/PRINCIPAL TRUST COMPANY MAY BE REPORT SPECIAL
INVESTMENTS AS A RECORDKEEPING ITEM ON ACCOUNT STATEMENTS, AT NOMINAL VALUE OR SUCH OTHER VALUE PROVIDED BY CLIENTS/EXTERNAL SOURCES.
NEITHER PRINCIPAL BANK NOR PRINCIPAL TRUST COMPANY IS RESPONSIBLE FOR THE ACCURACY OF INFORMATION PROVIDED BY EXTERNAL SOURCES, AND
DOES NOT CERTIFY THAT INFORMATION PROVIDED BY THESE EXTERNAL SOURCES IS TRUE OR CORRECT FOR THE SPECIAL INVESTMENTS REFLECTED IN YOUR
ACCOUNT.
TRADE CONFIRMS
PURSUANT TO FEDERAL REGULATION, MONTHLY OR QUARTERLY ACCOUNT STATEMENTS THAT INCLUDE INVESTMENT TRANSACTION DETAILS MAY BE PROVIDED
IN LIEU OF SEPARATE TRADE CONFIRMATIONS.
SEPARATE TRADE CONFIRMS MAY BE OBTAINED AT NO ADDITIONAL COST UPON WRITTEN REQUEST TO THE
ACCOUNT MANAGER.
UNCLAIMED PROPERTY DESIGNATED REPRESENTATIVE NOTIFICATION
YOUR PROPERTY MAY BE TRANSFERRED TO THE APPROPRIATE STATE IF NO ACTIVITY OCCURS IN THE ACCOUNT WITHIN THE TIME PERIOD SPECIFIED BY
STATE LAW. IF YOUR STATE OF RESIDENCE ALLOWS, YOU MAY DESIGNATE A REPRESENTATIVE FOR THE PURPOSE OF RECEIVING NOTICE OF ACCOUNT
INACTIVITY BY PROVIDING THE NAME AND MAILING OR EMAIL ADDRESS OF A REPRESENTATIVE. THE DESIGNATED REPRESENTATIVE DOES NOT HAVE ANY
RIGHTS TO YOUR ACCOUNT. PLEASE REFER TO YOUR STATE'S UNCLAIMED PROPERTY WEBSITE FOR MORE INFORMATION AND INSTRUCTIONS ON HOW TO
DESIGNATE A REPRESENTATIVE FOR NOTICE.

TABLE OF CONTENTS
WATERFORD OPEB
AS OF MARCH 31, 2023
ACCOUNT NUMBER 26005100
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
REPORT NAME
PAGE #
¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯
RECONCILIATION OF MARKET VALUE ..................................................................
1
RECONCILEMENT OF CASH BALANCES ..................................................................
2
RECONCILEMENT OF COST VALUE .....................................................................
3
CHANGE IN UNREALIZED GAIN/LOSS ..................................................................
4
SUMMARY OF NET INCOME EARNED ....................................................................
5
NET FUND ADJUSTMENT .............................................................................
6
BALANCE SHEET ...................................................................................
7
SUMMARY OF ASSETS ...............................................................................
8
STATEMENT OF ASSETS AND LIABILITIES .............................................................
9
SCHEDULE OF INCOME EARNED........................................................................
12
SCHEDULE OF SECURITY ACQUISITIONS ...............................................................
15
SCHEDULE OF SECURITY DISPOSITIONS ...............................................................
21
SCHEDULE OF PENDING TRADES ......................................................................
24
SCHEDULE OF OTHER SECURITY CHANGES ..............................................................
25
SCHEDULE OF CONTRIBUTIONS AND OTHER CASH RECEIPTS ...............................................
27
SCHEDULE OF BENEFIT PAYMENTS AND CASH DISBURSEMENTS .............................................
28
BOND MATURITY SCHEDULE ..........................................................................
29
BROKERAGE SUMMARY ...............................................................................
30

PAGE 1
RECONCILIATION OF MARKET VALUE
WATERFORD OPEB
FOR THE PERIOD JANUARY 1, 2023
THROUGH MARCH 31, 2023
ACCOUNT NUMBER 26005100
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
BEGINNING MARKET VALUE
9,701,954.71
RECEIPTS
________
INCOME
INTEREST
378.57
DIVIDENDS
29,304.99
OTHER INCOME
204.03
NET CHANGE IN ACCRUED INCOME
6,869.25
TOTAL INCOME
36,756.84
REALIZED GAIN / LOSS
-124,277.66
UNREALIZED GAIN / LOSS
615,556.20
OTHER SECURITY RECEIPTS
292,399.76
------------------
TOTAL RECEIPTS
820,435.14
DISBURSEMENTS
_____________
EXPENSES
INVESTMENT MANAGEMENT FEE
-13,315.21
ADMINISTRATIVE EXPENSE
-2,030.92
TOTAL EXPENSES
-15,346.13
OTHER SECURITY DISBURSEMENTS
-292,399.76
------------------
TOTAL DISBURSEMENTS
-307,745.89
------------------
ENDING MARKET VALUE
10,214,643.96
==================

PAGE 2
RECONCILEMENT OF CASH BALANCES
WATERFORD OPEB
FOR THE PERIOD JANUARY 1, 2023
THROUGH MARCH 31, 2023
ACCOUNT NUMBER 26005100
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
BEGINNING CASH BALANCE
0.00
RECEIPTS
________
INCOME
INTEREST
378.57
DIVIDENDS
29,304.99
OTHER INCOME
204.03
TOTAL INCOME
29,887.59
PROCEEDS FROM DISPOSITIONS
1,051,522.69
------------------
TOTAL RECEIPTS
1,081,410.28
DISBURSEMENTS
_____________
EXPENSES
INVESTMENT MANAGEMENT FEE
-13,315.21
ADMINISTRATIVE EXPENSE
-2,030.92
TOTAL EXPENSES
-15,346.13
COST OF ACQUISITIONS
-1,066,064.15
------------------
TOTAL DISBURSEMENTS
-1,081,410.28
------------------
ENDING CASH BALANCE
0.00
------------------

PAGE 3
RECONCILEMENT OF COST VALUE
WATERFORD OPEB
FOR THE PERIOD JANUARY 1, 2023
THROUGH MARCH 31, 2023
ACCOUNT NUMBER 26005100
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
BEGINNING COST VALUE
10,722,913.53
RECEIPTS
________
INCOME
INTEREST
378.57
DIVIDENDS
29,304.99
OTHER INCOME
204.03
NET CHANGE IN ACCRUED INCOME
6,869.25
TOTAL INCOME
36,756.84
REALIZED GAIN / LOSS
-124,277.66
OTHER SECURITY RECEIPTS
292,167.93
------------------
TOTAL RECEIPTS
204,647.11
DISBURSEMENTS
_____________
EXPENSES
INVESTMENT MANAGEMENT FEE
-13,315.21
ADMINISTRATIVE EXPENSE
-2,030.92
TOTAL EXPENSES
-15,346.13
OTHER SECURITY DISBURSEMENTS
-292,167.93
------------------
TOTAL DISBURSEMENTS
-307,514.06
------------------
ENDING COST VALUE
10,620,046.58
==================

PAGE 4
CHANGE IN UNREALIZED GAIN/LOSS
WATERFORD OPEB
FOR THE PERIOD JANUARY 1, 2023
THROUGH MARCH 31, 2023
ACCOUNT NUMBER 26005100
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
UNREALIZED
GAIN/LOSS
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
ENDING UNREALIZED GAIN LOSS
ACCOUNT MARKET VALUE - CURRENT PERIOD
10,214,643.96
ACCOUNT COST VALUE - CURRENT PERIOD
-10,620,046.58
------------------
-405,402.62
BEGINNING UNREALIZED GAIN/LOSS
ACCOUNT MARKET VALUE - PRIOR PERIOD
-9,701,954.71
ACCOUNT COST VALUE - PRIOR PERIOD
10,722,913.53
------------------
1,020,958.82
LESS BEGINNING UNREALIZED GAIN/LOSS FOR
ASSETS RECEIVED
OTHER SECURITY RECEIPTS AT MARKET
-292,399.76
OTHER SECURITY RECEIPTS AT COST
292,167.93
------------------
-231.83
PLUS BEGINNING UNREALIZED GAIN/LOSS FOR
ASSETS DELIVERED
OTHER SECURITY DISBURSEMENTS AT MARKET
292,399.76
OTHER SECURITY DISBURSEMENTS AT COST
-292,167.93
------------------
231.83
------------------
NET CHANGE IN UNREALIZED GAIN/LOSS
615,556.20
------------------

PAGE 5
SUMMARY OF NET INCOME EARNED
WATERFORD OPEB
FOR THE PERIOD JANUARY 1, 2023
THROUGH MARCH 31, 2023
ACCOUNT NUMBER 26005100
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
INCOME
¯¯¯¯¯¯
INTEREST
378.57
DIVIDENDS
29,304.99
OTHER INCOME
204.03
------------------
GROSS INCOME COLLECTED
29,887.59
LESS: EXPENSE OF INCOME
0.00
NET INCOME COLLECTED
29,887.59
ADJUSTMENTS
¯¯¯¯¯¯¯¯¯¯¯
CURRENT ACCRUED INCOME
7,003.46
LESS: PRIOR ACCRUED INCOME
-134.21
NET CHANGE IN ACCRUED INCOME
6,869.25
------------------
NET INCOME EARNED
36,756.84
------------------

PAGE 6
NET FUND ADJUSTMENT
WATERFORD OPEB
FOR THE PERIOD JANUARY 1, 2023
THROUGH MARCH 31, 2023
ACCOUNT NUMBER 26005100
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
UNREALIZED GAIN / LOSS
615,556.20
REALIZED GAIN / LOSS
-124,277.66
NET INCOME:
INTEREST
378.57
DIVIDENDS
29,304.99
REAL ESTATE AND MIA INCOME
0.00
OTHER INCOME
204.03
EXPENSE OF INCOME COLLECTED
0.00
NET CHANGE IN ACCRUED INCOME
6,869.25
ADMINISTRATIVE AND OTHER EXPENSES
-15,346.13
------------------
NET FUND ADJUSTMENT
512,689.25

PAGE 7
BALANCE SHEET
WATERFORD OPEB
FOR THE PERIOD JANUARY 1, 2023 THROUGH MARCH 31, 2023
ACCOUNT NUMBER 26005100
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
BEGINNING
ENDING
HISTORICAL COST/
HISTORICAL COST/
% TOTAL
BEGINNING
ENDING
% TOTAL
REVALUED COST
REVALUED COST
COST
MARKET VALUE
MARKET VALUE
MARKET
-----------------
-----------------
------
-----------------
-----------------
------
CASH
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
CASH EQUIVALENTS
41,191.01
31,192.17
0.29
41,191.01
31,192.17
0.31
41,191.01
31,192.17
MUTUAL FUNDS
10,681,588.31
10,581,850.95
99.71
9,660,629.49
10,176,448.33
99.69
9,660,629.49
9,752,404.01
-----------------------------------------------------------------------------------------------
TOTAL ASSETS
10,722,779.32
10,613,043.12
100.00
9,701,820.50
10,207,640.50
100.00
9,701,820.50
9,783,596.18
PENDING CASH
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
ACCRUED INCOME
134.21
7,003.46
134.21
7,003.46
134.21
7,003.46
-----------------------------------------------------------------------------------------------
TOTAL ACCOUNT
10,722,913.53
10,620,046.58
9,701,954.71
10,214,643.96
9,701,954.71
9,790,599.64
-----------------------------------------------------------------------------------------------

PAGE 8
SUMMARY OF ASSETS
WATERFORD OPEB
AS OF MARCH 31, 2023
ACCOUNT NUMBER 26005100
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
UNREALIZED
% TOTAL
ESTIMATED
CURRENT
COST VALUE
MARKET VALUE
GAIN/LOSS
MARKET
ANNUAL INCOME
YIELD
ACCRUED INCOME
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯
CASH
0.00
0.00
0.00
CASH EQUIVALENTS
31,192.17
31,192.17
0.00
0.31
1,451.55
4.65
117.74
MUTUAL FUNDS
10,581,850.95
10,176,448.33
405,402.62-
99.63
252,842.45
2.49
6,885.72
_________________
_________________
________________
______
______________
_____
______________
TOTAL ASSETS
10,613,043.12
10,207,640.50
405,402.62-
99.93
254,294.00
2.49
7,003.46
ACCRUED INCOME
7,003.46
7,003.46
0.07
NET PENDING TRADES
0.00
0.00
0.00
_________________
_________________
________________
______
______________
_____
______________
TOTAL ACCOUNT
10,620,046.58
10,214,643.96
405,402.62- 100.00
254,294.00
2.49
7,003.46
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯

PAGE 9
STATEMENT OF ASSETS AND LIABILITIES
WATERFORD OPEB
AS OF MARCH 31, 2023
ACCOUNT NUMBER 26005100
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
COST VALUE
MARKET VALUE
PRICING
UNREALIZED
ACCRUED
PAR VALUE/SHARES
DESCRIPTION
/ UNIT COST
/ UNIT PRICE
DATE
GAIN/LOSS
INCOME
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯
CASH EQUIVALENTS
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
OTHER CASH EQUIVALENTS
OTHER MONEY MARKET FUNDS
31,192.170
ALLSPRING GOVERNMENT
31,192.17
31,192.17
0.00
117.74
MONEY MARKET FUND
100.0000
100.0000
3/31/23
INSTL CLASS - #1751
VP4560000
_________________
_________________
_________________
________________
TOTAL OTHER MONEY MARKET FUNDS
31,192.17
31,192.17
0.00
117.74
_________________
_________________
_________________
________________
TOTAL OTHER CASH EQUIVALENTS
31,192.17
31,192.17
0.00
117.74
TOTAL CASH EQUIVALENTS
31,192.17
31,192.17
0.00
117.74
MUTUAL FUNDS
¯¯¯¯¯¯¯¯¯¯¯¯
MUTUAL FUNDS - EQUITY
22,944.282
EUROPACIFIC GROWTH FUND CLASS R6
1,239,442.27
1,236,008.47
3,433.80-
0.00
#2616
54.0197
53.8700
3/31/23
298706821
15,300.546
ARGA EMERGING MARKETS VALUE FUND
140,000.00
142,448.08
2,448.08
0.00
CLASS INST #249-901
9.1500
9.3100
3/31/23
00775Y207
10,534.526
BARON EMERGING MARKETS FUND
183,813.28
141,057.30
42,755.98-
0.00
CLASS INS #1575
17.4487
13.3900
3/31/23
06828M876
4,177.731
CONESTOGA SMALL CAP FUND CLASS INST
314,725.78
282,748.83
31,976.95-
0.00
75.3341
67.6800
3/31/23
207019704

PAGE 10
STATEMENT OF ASSETS AND LIABILITIES
WATERFORD OPEB
AS OF MARCH 31, 2023
ACCOUNT NUMBER 26005100
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
COST VALUE
MARKET VALUE
PRICING
UNREALIZED
ACCRUED
PAR VALUE/SHARES
DESCRIPTION
/ UNIT COST
/ UNIT PRICE
DATE
GAIN/LOSS
INCOME
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯
26,124.969
DODGE & COX INTERNATIONAL STOCK FUND
1,217,972.13
1,195,478.58
22,493.55-
0.00
#1048
46.6210
45.7600
3/31/23
256206103
27,780.726
FIDELITY MID CAP INDEX FUND
803,236.61
749,246.18
53,990.43-
0.00
CLASS FAI #2352
28.9134
26.9700
3/31/23
316146265
18,280.738
FIDELITY 500 INDEX FUND
2,528,134.18
2,615,973.61
87,839.43
0.00
CLASS AI #2328
138.2950
143.1000
3/31/23
315911750
22,252.645
HOTCHKIS & WILEY SMALL CAP
292,167.93
262,136.16
30,031.77-
0.00
DIVERSIFIED VALUE FUND CLASS I
13.1296
11.7800
3/31/23
#1131
44134R651
_________________
_________________
_________________
________________
TOTAL MUTUAL FUNDS - EQUITY
6,719,492.18
6,625,097.21
94,394.97-
0.00
MUTUAL FUNDS - CORPORATE BONDS
11,544.950
ARTISAN HIGH INCOME FUND
101,232.46
99,979.27
1,253.19-
639.68
CLASS INST #2468
8.7685
8.6600
3/31/23
04314H568
98,802.693
BAIRD AGGREGATE BOND FUND-
1,077,766.74
970,242.45
107,524.29-
0.00
INSTITUTIONAL SHARES #72
10.9083
9.8200
3/31/23
057071854
82,560.571
BLACKROCK STRATEGIC INCOME
823,274.88
763,685.28
59,589.60-
3,132.50
OPPORTUNITIES PORTFOLIO
9.9718
9.2500
3/31/23
CLASS K #1944
09260B374
16,357.688
BRANDYWINEGLOBAL-GLOBAL
150,000.00
148,364.23
1,635.77-
0.00
OPPORTUNITIES BOND FUND
9.1700
9.0700
3/31/23
CLASS IS #2266
524686318

PAGE 11
STATEMENT OF ASSETS AND LIABILITIES
WATERFORD OPEB
AS OF MARCH 31, 2023
ACCOUNT NUMBER 26005100
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
COST VALUE
MARKET VALUE
PRICING
UNREALIZED
ACCRUED
PAR VALUE/SHARES
DESCRIPTION
/ UNIT COST
/ UNIT PRICE
DATE
GAIN/LOSS
INCOME
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯
10,811.710
FIDELITY INFLATION PROTECTED BOND
100,008.33
100,873.25
864.92
6.39
INDEX FUND CLASS FAI #2418
9.2500
9.3300
3/31/23
31635T104
112,003.334
METROPOLITAN WEST TOTAL RETURN BOND
1,096,100.90
969,948.87
126,152.03-
3,107.15
FUND CLASS PLN #712
9.7863
8.6600
3/31/23
592905764
_________________
_________________
_________________
________________
TOTAL MUTUAL FUNDS - CORPORATE BONDS
3,348,383.31
3,053,093.35
295,289.96-
6,885.72
MUTUAL FUNDS - BALANCED
45,009.735
PRINCIPAL DIVERSIFIED REAL ASSET
513,975.46
498,257.77
15,717.69-
0.