Retirement Commission Special Meeting (linked)

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
APRIL 1, 2025
THROUGH JUNE 30, 2025
PFGEDD
ACCOUNT CONTACT: MARK KUNDROTAS
TELEPHONE NUMBER: 515-878-6045
0712

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.
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 JUNE 30, 2025
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 ...............................................................
19
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 ..........................................................................
24
BROKERAGE SUMMARY ...............................................................................
25

PAGE 1
RECONCILIATION OF MARKET VALUE
WATERFORD OPEB
FOR THE PERIOD APRIL 1, 2025
THROUGH JUNE 30, 2025
ACCOUNT NUMBER 26005100
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
BEGINNING MARKET VALUE
15,876,091.89
RECEIPTS
________
INCOME
INTEREST
165.05
DIVIDENDS
95,023.25
OTHER INCOME
150.92
NET CHANGE IN ACCRUED INCOME
2.64
TOTAL INCOME
95,341.86
REALIZED GAIN / LOSS
4,813.35
UNREALIZED GAIN / LOSS
1,010,330.49
------------------
TOTAL RECEIPTS
1,110,485.70
DISBURSEMENTS
_____________
EXPENSES
INVESTMENT MANAGEMENT FEE
-21,058.05
ADMINISTRATIVE EXPENSE
-2,346.92
TOTAL EXPENSES
-23,404.97
TOTAL DISBURSEMENTS
-23,404.97
------------------
ENDING MARKET VALUE
16,963,172.62
==================

PAGE 2
RECONCILEMENT OF CASH BALANCES
WATERFORD OPEB
FOR THE PERIOD APRIL 1, 2025
THROUGH JUNE 30, 2025
ACCOUNT NUMBER 26005100
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
BEGINNING CASH BALANCE
0.00
RECEIPTS
________
INCOME
INTEREST
165.05
DIVIDENDS
95,023.25
OTHER INCOME
150.92
TOTAL INCOME
95,339.22
PROCEEDS FROM DISPOSITIONS
48,404.97
------------------
TOTAL RECEIPTS
143,744.19
DISBURSEMENTS
_____________
EXPENSES
INVESTMENT MANAGEMENT FEE
-21,058.05
ADMINISTRATIVE EXPENSE
-2,346.92
TOTAL EXPENSES
-23,404.97
COST OF ACQUISITIONS
-120,339.22
------------------
TOTAL DISBURSEMENTS
-143,744.19
------------------
ENDING CASH BALANCE
0.00
------------------

PAGE 3
RECONCILEMENT OF COST VALUE
WATERFORD OPEB
FOR THE PERIOD APRIL 1, 2025
THROUGH JUNE 30, 2025
ACCOUNT NUMBER 26005100
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
BEGINNING COST VALUE
14,793,086.84
RECEIPTS
________
INCOME
INTEREST
165.05
DIVIDENDS
95,023.25
OTHER INCOME
150.92
NET CHANGE IN ACCRUED INCOME
2.64
TOTAL INCOME
95,341.86
REALIZED GAIN / LOSS
4,813.35
------------------
TOTAL RECEIPTS
100,155.21
DISBURSEMENTS
_____________
EXPENSES
INVESTMENT MANAGEMENT FEE
-21,058.05
ADMINISTRATIVE EXPENSE
-2,346.92
TOTAL EXPENSES
-23,404.97
------------------
TOTAL DISBURSEMENTS
-23,404.97
------------------
ENDING COST VALUE
14,869,837.08
==================

PAGE 4
CHANGE IN UNREALIZED GAIN/LOSS
WATERFORD OPEB
FOR THE PERIOD APRIL 1, 2025
THROUGH JUNE 30, 2025
ACCOUNT NUMBER 26005100
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
UNREALIZED
GAIN/LOSS
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
ENDING UNREALIZED GAIN LOSS
ACCOUNT MARKET VALUE - CURRENT PERIOD
16,963,172.62
ACCOUNT COST VALUE - CURRENT PERIOD
-14,869,837.08
------------------
2,093,335.54
BEGINNING UNREALIZED GAIN/LOSS
ACCOUNT MARKET VALUE - PRIOR PERIOD
-15,876,091.89
ACCOUNT COST VALUE - PRIOR PERIOD
14,793,086.84
------------------
-1,083,005.05
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
1,010,330.49
------------------

PAGE 5
SUMMARY OF NET INCOME EARNED
WATERFORD OPEB
FOR THE PERIOD APRIL 1, 2025
THROUGH JUNE 30, 2025
ACCOUNT NUMBER 26005100
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
INCOME
¯¯¯¯¯¯
INTEREST
165.05
DIVIDENDS
95,023.25
OTHER INCOME
150.92
------------------
GROSS INCOME COLLECTED
95,339.22
LESS: EXPENSE OF INCOME
0.00
NET INCOME COLLECTED
95,339.22
ADJUSTMENTS
¯¯¯¯¯¯¯¯¯¯¯
CURRENT ACCRUED INCOME
95.19
LESS: PRIOR ACCRUED INCOME
-92.55
NET CHANGE IN ACCRUED INCOME
2.64
------------------
NET INCOME EARNED
95,341.86
------------------

PAGE 6
NET FUND ADJUSTMENT
WATERFORD OPEB
FOR THE PERIOD APRIL 1, 2025
THROUGH JUNE 30, 2025
ACCOUNT NUMBER 26005100
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
UNREALIZED GAIN / LOSS
1,010,330.49
REALIZED GAIN / LOSS
4,813.35
NET INCOME:
INTEREST
165.05
DIVIDENDS
95,023.25
REAL ESTATE AND MIA INCOME
0.00
OTHER INCOME
150.92
EXPENSE OF INCOME COLLECTED
0.00
NET CHANGE IN ACCRUED INCOME
2.64
ADMINISTRATIVE AND OTHER EXPENSES
-23,404.97
------------------
NET FUND ADJUSTMENT
1,087,080.73

PAGE 7
BALANCE SHEET
WATERFORD OPEB
FOR THE PERIOD APRIL 1, 2025 THROUGH JUNE 30, 2025
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
25,914.54
27,825.54
0.19
25,914.54
27,825.54
0.16
25,914.54
27,825.54
MUTUAL FUNDS
14,767,079.75
14,841,916.35
99.81
15,850,084.80
16,935,251.89
99.84
15,850,084.80
15,921,826.62
-----------------------------------------------------------------------------------------------
TOTAL ASSETS
14,792,994.29
14,869,741.89
100.00
15,875,999.34
16,963,077.43
100.00
15,875,999.34
15,949,652.16
PENDING CASH
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
ACCRUED INCOME
92.55
95.19
92.55
95.19
92.55
95.19
-----------------------------------------------------------------------------------------------
TOTAL ACCOUNT
14,793,086.84
14,869,837.08
15,876,091.89
16,963,172.62
15,876,091.89
15,949,747.35
-----------------------------------------------------------------------------------------------

PAGE 8
SUMMARY OF ASSETS
WATERFORD OPEB
AS OF JUNE 30, 2025
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
27,825.54
27,825.54
0.00
0.17
1,155.68
4.15
95.19
MUTUAL FUNDS
14,841,916.35
16,935,251.89
2,093,335.54
99.84
414,983.43
2.45
0.00
_________________
_________________
________________
______
______________
_____
______________
TOTAL ASSETS
14,869,741.89
16,963,077.43
2,093,335.54
100.00
416,139.10
2.45
95.19
ACCRUED INCOME
95.19
95.19
0.00
NET PENDING TRADES
0.00
0.00
0.00
_________________
_________________
________________
______
______________
_____
______________
TOTAL ACCOUNT
14,869,837.08
16,963,172.62
2,093,335.54
100.00
416,139.10
2.45
95.19
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯

PAGE 9
STATEMENT OF ASSETS AND LIABILITIES
WATERFORD OPEB
AS OF JUNE 30, 2025
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
27,825.540
ALLSPRING GOVERNMENT
27,825.54
27,825.54
0.00
95.19
MONEY MARKET FUND
100.0000
100.0000
6/30/25
INSTL CLASS - #1751
VP4560000
_________________
_________________
_________________
________________
TOTAL OTHER MONEY MARKET FUNDS
27,825.54
27,825.54
0.00
95.19
_________________
_________________
_________________
________________
TOTAL OTHER CASH EQUIVALENTS
27,825.54
27,825.54
0.00
95.19
TOTAL CASH EQUIVALENTS
27,825.54
27,825.54
0.00
95.19
MUTUAL FUNDS
¯¯¯¯¯¯¯¯¯¯¯¯
MUTUAL FUNDS - EQUITY
15,182.015
ARGA EMERGING MARKETS VALUE FUND
142,433.84
187,194.24
44,760.40
0.00
CLASS INST #249-901
9.3817
12.3300
6/30/25
00775Y207
5,154.500
CONESTOGA SMALL CAP FUND CLASS INST
382,394.19
378,288.76
4,105.43-
0.00
74.1865
73.3900
6/30/25
207019704
31,126.036
DODGE & COX INTERNATIONAL STOCK FUND
1,477,079.62
1,900,867.02
423,787.40
0.00
#1048
47.4548
61.0700
6/30/25
256206103
34,918.755
FIDELITY MID CAP INDEX FUND
1,020,572.02
1,232,981.24
212,409.22
0.00
CLASS FAI #2352
29.2270
35.3100
6/30/25
316146265

PAGE 10
STATEMENT OF ASSETS AND LIABILITIES
WATERFORD OPEB
AS OF JUNE 30, 2025
ACCOUNT NUMBER 26005100
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
COST VALUE
MARKET VALUE
PRICING
UNREALIZED
ACCRUED
PAR VALUE/SHARES
DESCRIPTION
/ UNIT COST
/ UNIT PRICE
DATE
GAIN/LOSS
INCOME
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯
19,357.886
FIDELITY 500 INDEX FUND
2,785,783.84
4,183,432.74
1,397,648.90
0.00
CLASS AI #2328
143.9095
216.1100
6/30/25
315911750
9,945.750
GQG PARTNERS EMERGING MARKETS
165,000.00
172,956.59
7,956.59
0.00
EQUITY FUND CLASS R6
16.5900
17.3900
6/30/25
00771X393
32,951.922
HOTCHKIS & WILEY SMALL CAP
421,681.62
382,571.81
39,109.81-
0.00
DIVERSIFIED VALUE FUND
12.7969
11.6100
6/30/25
44134R479
120,363.891
JOHN HANCOCK INTERNATIONAL DYNAMIC
1,720,000.00
1,837,956.62
117,956.62
0.00
GROWTH FUND
14.2900
15.2700
6/30/25
47803N448
_________________
_________________
_________________
________________
TOTAL MUTUAL FUNDS - EQUITY
8,114,945.13
10,276,249.02
2,161,303.89
0.00
MUTUAL FUNDS - CORPORATE BONDS
18,503.475
ARTISAN HIGH INCOME FUND
163,537.94
170,787.07
7,249.13
0.00
CLASS INST #2468
8.8382
9.2300
6/30/25
04314H568
204,928.988
BAIRD AGGREGATE BOND FUND-
2,110,482.49
2,018,550.53
91,931.96-
0.00
INSTITUTIONAL SHARES #72
10.2986
9.8500
6/30/25
057071854
148,284.117
BLACKROCK STRATEGIC INCOME
1,444,008.35
1,436,873.09
7,135.26-
0.00
OPPORTUNITIES PORTFOLIO
9.7381
9.6900
6/30/25
CLASS K #1944
09260B374
27,357.233
FIDELITY INFLATION PROTECTED BOND
250,049.59
253,875.12
3,825.53
0.00
INDEX FUND CLASS FAI #2418
9.1402
9.2800
6/30/25
31635T104
226,951.690
HARBOR CORE BOND FUND
2,005,710.63
2,015,331.01
9,620.38
0.00
8.8376
8.8800
6/30/25
411512197
_________________
_________________
_________________
________________
TOTAL MUTUAL FUNDS - CORPORATE BONDS
5,973,789.00
5,895,416.82
78,372.18-
0.00

PAGE 11
STATEMENT OF ASSETS AND LIABILITIES
WATERFORD OPEB
AS OF JUNE 30, 2025
ACCOUNT NUMBER 26005100
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
COST VALUE
MARKET VALUE
PRICING
UNREALIZED
ACCRUED
PAR VALUE/SHARES
DESCRIPTION
/ UNIT COST
/ UNIT PRICE
DATE
GAIN/LOSS
INCOME
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯
MUTUAL FUNDS - BALANCED
62,691.794
DWS RREEF REAL ASSETS FUND CLASS R6
753,182.22
763,586.05
10,403.83
0.00
#1687
12.0140
12.1800
6/30/25
25159K713
_________________
_________________
_________________
________________
TOTAL MUTUAL FUNDS - BALANCED
753,182.22
763,586.05
10,403.83
0.00
TOTAL MUTUAL FUNDS
14,841,916.35
16,935,251.89
2,093,335.54
0.00
TOTAL ASSETS AND LIABILITIES
14,869,741.89
16,963,077.43
2,093,335.54
95.19
ACCRUED INCOME
95.19
95.19
_______________________________________________________________
TOTAL ACCOUNT
14,869,837.08
16,963,172.62
2,093,335.54
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯

PAGE
12
SCHEDULE OF INCOME EARNED
WATERFORD OPEB
FOR THE PERIOD APRIL 1, 2025 THROUGH JUNE 30, 2025
ACCOUNT NUMBER 26005100
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
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
03/31/25
PRIOR ACCRUED INCOME
25,914.54
92.55
04/01/25
INCOME RECEIPT RECEIVED
0.00
92.55
05/01/25
INCOME RECEIPT RECEIVED
0.00
34.22
06/02/25
INCOME RECEIPT RECEIVED
0.00
38.28
06/30/25
CURRENT ACCRUED INCOME
27,825.54
95.19
______________
______________
______________
______________
TOTAL
165.05
92.55
95.19
167.69
¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯
CASH EQUIVALENTS TOTAL
165.05
92.55
95.19
167.69
MUTUAL FUNDS
ARTISAN HIGH INCOME FUND
CLASS INST #2468
CUSIP 04314H568
03/31/25
PRIOR ACCRUED INCOME
18,179.64
0.00
05/01/25
INCOME RECEIPT RECEIVED
0.00
1,010.98
06/02/25
INCOME RECEIPT RECEIVED
0.00
968.69
07/01/25
INCOME RECEIPT RECEIVED
0.00
979.54
06/30/25
CURRENT ACCRUED INCOME
18,503.47
0.00
______________
______________
______________
______________
TOTAL
2,959.21
0.00
0.00
2,959.21
BAIRD AGGREGATE BOND FUND-
INSTITUTIONAL SHARES #72
CUSIP 057071854
03/31/25
PRIOR ACCRUED INCOME
202,939.72
0.00
04/28/25
INCOME RECEIPT RECEIVED
0.00
6,251.22
05/28/25
INCOME RECEIPT RECEIVED
0.00
6,426.47
06/25/25
INCOME RECEIPT RECEIVED
0.00
6,744.99
06/30/25
CURRENT ACCRUED INCOME
204,928.99
0.00
______________
______________
______________
______________
TOTAL
19,422.68
0.00
0.00
19,422.68

PAGE
13
SCHEDULE OF INCOME EARNED
WATERFORD OPEB
FOR THE PERIOD APRIL 1, 2025 THROUGH JUNE 30, 2025
ACCOUNT NUMBER 26005100
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
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
03/31/25
PRIOR ACCRUED INCOME
146,562.60
0.00
05/01/25
INCOME RECEIPT RECEIVED
0.00
5,225.21
06/02/25
INCOME RECEIPT RECEIVED
0.00
5,631.98
07/01/25
INCOME RECEIPT RECEIVED
0.00
5,694.86
06/30/25
CURRENT ACCRUED INCOME
148,284.12
0.00
______________
______________
______________
______________
TOTAL
16,552.05
0.00
0.00
16,552.05
DWS RREEF REAL ASSETS FUND CLASS R6
#1687
CUSIP 25159K713
03/31/25
PRIOR ACCRUED INCOME
61,199.00
0.00
06/24/25
INCOME RECEIPT RECEIVED
0.00
18,182.22
06/30/25
CURRENT ACCRUED INCOME
62,691.79
0.00
______________
______________
______________
______________
TOTAL
18,182.22
0.00
0.00
18,182.22
FIDELITY 500 INDEX FUND
CLASS AI #2328
CUSIP 315911750
03/31/25
PRIOR ACCRUED INCOME
19,292.51
0.00
04/07/25
INCOME RECEIPT RECEIVED
0.00
11,517.63
06/30/25
CURRENT ACCRUED INCOME
19,357.89
0.00
______________
______________
______________
______________
TOTAL
11,517.63
0.00
0.00
11,517.63
FIDELITY MID CAP INDEX FUND
CLASS FAI #2352
CUSIP 316146265
03/31/25
PRIOR ACCRUED INCOME
34,834.47
0.00
06/30/25
INCOME RECEIPT RECEIVED
0.00
2,960.93
06/30/25
CURRENT ACCRUED INCOME
34,918.75
0.00
______________
______________
______________
______________
TOTAL
2,960.93
0.00
0.00
2,960.93

PAGE
14
SCHEDULE OF INCOME EARNED
WATERFORD OPEB
FOR THE PERIOD APRIL 1, 2025 THROUGH JUNE 30, 2025
ACCOUNT NUMBER 26005100
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
PRIOR
CURRENT
ACTIVITY
PAR VALUE
NET INCOME
ACCRUED
ACCRUED
EARNED
DATE
DESCRIPTION
SHARES
COLLECTED
INCOME
INCOME
INCOME
¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯
¯¯¯¯¯¯
¯¯¯¯¯¯
FIDELITY INFLATION PROTECTED BOND
INDEX FUND CLASS FAI #2418
CUSIP 31635T104
03/31/25
PRIOR ACCRUED INCOME
27,265.86
0.00
04/07/25
INCOME RECEIPT RECEIVED
0.00
845.24
06/30/25
CURRENT ACCRUED INCOME
27,357.23
0.00
______________
______________
______________
______________
TOTAL
845.24
0.00
0.00
845.24
HARBOR CORE BOND FUND
CUSIP 411512197
03/31/25
PRIOR ACCRUED INCOME
224,397.84
0.00
05/01/25
INCOME RECEIPT RECEIVED
0.00
7,405.13
06/02/25
INCOME RECEIPT RECEIVED
0.00
7,601.60
07/01/25
INCOME RECEIPT RECEIVED
0.00
7,576.56
06/30/25
CURRENT ACCRUED INCOME
226,951.69
0.00
______________
______________
______________
______________
TOTAL
22,583.29
0.00
0.00
22,583.29
¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯
MUTUAL FUNDS TOTAL
95,023.25
0.00
0.00
95,023.25
¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯
GRAND TOTAL
95,188.30
92.55
95.19
95,190.94

PAGE 15
SCHEDULE OF SECURITY ACQUISITIONS
WATERFORD OPEB
FOR THE PERIOD APRIL 1, 2025 THROUGH JUNE 30, 2025
ACCOUNT NUMBER 26005100
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
BROKER
DATE
PAR VALUE/SHARES
DESCRIPTION
COMMISSION
CASH
COST VALUE
¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯
¯¯¯¯
¯¯¯¯¯¯¯¯¯¯
CASH EQUIVALENTS
ALLSPRING GOVT MM FD-INSTL #1751
CUSIP VP4560000
6/30/25
25,315.970
CASH SWEEP PURCHASES FOR THE PERIOD
0.00
25,315.97-
25,315.97
4/01/25 TO 6/30/25
-----------------
----------
-----------------
-----------------
25,315.970
ASSET TOTAL
0.00
25,315.97-
25,315.97
TOTAL CASH EQUIVALENTS
0.00
25,315.97-
25,315.97
MUTUAL FUNDS
ARTISAN HIGH INCOME-INST #2468
CUSIP 04314H568
4/30/25
111.958
PURCHASED 111.958
0.00
1,010.98-
1,010.98
SHARES/UNITS
UNDER TERMS OF DIVIDEND REINVESTMENT
PAYABLE
5/01/25
5/31/25
105.752
PURCHASED 105.752
0.00
968.69-
968.69
SHARES/UNITS
UNDER TERMS OF DIVIDEND REINVESTMENT
PAYABLE
6/02/25
6/30/25
106.126
PURCHASED 106.126
0.00
979.54-
979.54
SHARES/UNITS
UNDER TERMS OF DIVIDEND REINVESTMENT
PAYABLE
7/01/25
-----------------
----------
-----------------
-----------------
323.836
ASSET TOTAL
0.00
2,959.21-
2,959.21
BAIRD AGGREGATE BOND FUND-INST #72
CUSIP 057071854
4/25/25
639.184
PURCHASED 639.184
0.00
6,251.22-
6,251.22
SHARES/UNITS
UNDER TERMS OF DIVIDEND REINVESTMENT
PAYABLE
4/28/25

PAGE 16
SCHEDULE OF SECURITY ACQUISITIONS
WATERFORD OPEB
FOR THE PERIOD APRIL 1, 2025 THROUGH JUNE 30, 2025
ACCOUNT NUMBER 26005100
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
BROKER
DATE
PAR VALUE/SHARES
DESCRIPTION
COMMISSION
CASH
COST VALUE
¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯
¯¯¯¯
¯¯¯¯¯¯¯¯¯¯
5/27/25
662.523
PURCHASED 662.523
0.00
6,426.47-
6,426.47
SHARES/UNITS
UNDER TERMS OF DIVIDEND REINVESTMENT
PAYABLE
5/28/25
6/24/25
687.563
PURCHASED 687.563
0.00
6,744.99-
6,744.99
SHARES/UNITS
UNDER TERMS OF DIVIDEND REINVESTMENT
PAYABLE
6/25/25
-----------------
----------
-----------------
-----------------
1,989.270
ASSET TOTAL
0.00
19,422.68-
19,422.68
BLACKROCK STRAT INC OPP-K #1944
CUSIP 09260B374
4/30/25
547.142
PURCHASED 547.142
0.00
5,225.21-
5,225.21
SHARES/UNITS
UNDER TERMS OF DIVIDEND REINVESTMENT
PAYABLE
5/01/25
5/31/25
586.665
PURCHASED 586.665
0.00
5,631.98-
5,631.98
SHARES/UNITS
UNDER TERMS OF DIVIDEND REINVESTMENT
PAYABLE
6/02/25
6/30/25
587.705
PURCHASED 587.705
0.00
5,694.86-
5,694.86
SHARES/UNITS
UNDER TERMS OF DIVIDEND REINVESTMENT
PAYABLE
7/01/25
-----------------
----------
-----------------
-----------------
1,721.512
ASSET TOTAL
0.00
16,552.05-
16,552.05
DWS RREEF REAL ASSETS-R6 #1687
CUSIP 25159K713
6/23/25
1,492.793
PURCHASED 1,492.793
0.00
18,182.22-
18,182.22
SHARES/UNITS
UNDER TERMS OF DIVIDEND REINVESTMENT
PAYABLE
6/24/25
-----------------
----------
-----------------
-----------------
1,492.793
ASSET TOTAL
0.00
18,182.22-
18,182.22

PAGE 17
SCHEDULE OF SECURITY ACQUISITIONS
WATERFORD OPEB
FOR THE PERIOD APRIL 1, 2025 THROUGH JUNE 30, 2025
ACCOUNT NUMBER 26005100
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
BROKER
DATE
PAR VALUE/SHARES
DESCRIPTION
COMMISSION
CASH
COST VALUE
¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯
¯¯¯¯
¯¯¯¯¯¯¯¯¯¯
FIDELITY INFL PROT BD-FAI #2418
CUSIP 31635T104
4/04/25
91.377
PURCHASED 91.377
0.00
845.24-
845.24
SHARES/UNITS
UNDER TERMS OF DIVIDEND REINVESTMENT
PAYABLE
4/07/25
-----------------
----------
-----------------
-----------------
91.377
ASSET TOTAL
0.00
845.24-
845.24
FIDELITY MID CAP INDEX-FAI #2352
CUSIP 316146265
6/27/25
84.285
PURCHASED 84.285
0.00
2,960.93-
2,960.93
SHARES/UNITS
UNDER TERMS OF DIVIDEND REINVESTMENT
PAYABLE
6/30/25
-----------------
----------
-----------------
-----------------
84.285
ASSET TOTAL
0.00
2,960.93-
2,960.93
FIDELITY 500 INDEX FD-AI #2328
CUSIP 315911750
4/04/25
65.374
PURCHASED 65.374
0.00
11,517.63-
11,517.63
SHARES/UNITS
UNDER TERMS OF DIVIDEND REINVESTMENT
PAYABLE
4/07/25
-----------------
----------
-----------------
-----------------
65.374
ASSET TOTAL
0.00
11,517.63-
11,517.63
HARBOR CORE BOND FUND-RTR
CUSIP 411512197
4/30/25
834.851
PURCHASED 834.851
0.00
7,405.13-
7,405.13
SHARES/UNITS
UNDER TERMS OF DIVIDEND REINVESTMENT
PAYABLE
4/30/25
5/30/25
865.786
PURCHASED 865.786
0.00
7,601.60-
7,601.60
SHARES/UNITS
UNDER TERMS OF DIVIDEND REINVESTMENT
PAYABLE
5/30/25

PAGE 18
SCHEDULE OF SECURITY ACQUISITIONS
WATERFORD OPEB
FOR THE PERIOD APRIL 1, 2025 THROUGH JUNE 30, 2025
ACCOUNT NUMBER 26005100
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
BROKER
DATE
PAR VALUE/SHARES
DESCRIPTION
COMMISSION
CASH
COST VALUE
¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯
¯¯¯¯
¯¯¯¯¯¯¯¯¯¯
6/30/25
853.216
PURCHASED 853.216
0.00
7,576.56-
7,576.56
SHARES/UNITS
UNDER TERMS OF DIVIDEND REINVESTMENT
PAYABLE
6/30/25
-----------------
----------
-----------------
-----------------
2,553.853
ASSET TOTAL
0.00
22,583.29-
22,583.29
TOTAL MUTUAL FUNDS
0.00
95,023.25-
95,023.25
------------------------------------------------------
TOTAL SECURITY ACQUISITIONS
0.00
120,339.22-
120,339.22
------------------------------------------------------

PAGE 19
SCHEDULE OF SECURITY DISPOSITIONS
WATERFORD OPEB
FOR THE PERIOD APRIL 1, 2025 THROUGH JUNE 30, 2025
ACCOUNT NUMBER 26005100
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
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
6/30/25
23,404.970- CASH SWEEP SALES
0.00
23,404.97
23,404.97-
0.00
4/01/25 TO
6/30/25
__________
_________________
_________________
________________
23,404.970- ASSET TOTAL
0.00
23,404.97
23,404.97-
0.00
TOTAL CASH EQUIVALENTS
0.00
23,404.97
23,404.97-
0.00
MUTUAL FUNDS
DODGE & COX INT'L STOCK FD #1048
CUSIP 256206103
5/21/25
425.387- SOLD 425.387
0.00
25,000.00
20,186.65-
4,813.35
SHARES/UNITS
AT 58.77 ON TRADE DATE 5/21/25
TO SETTLE
5/22/25
COMMISSION $0.00
425.387 SHARES AT 58.77 USD
__________
_________________
_________________
________________
425.387- ASSET TOTAL
0.00
25,000.00
20,186.65-
4,813.35
TOTAL MUTUAL FUNDS
0.00
25,000.00
20,186.65-
4,813.35
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
TOTAL SECURITY DISPOSITIONS
0.00
48,404.97
43,591.62-
4,813.35
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯

PAGE 20
PENDING TRADES SCHEDULE
WATERFORD OPEB
FOR THE PERIOD APRIL 1, 2025 THROUGH JUNE 30, 2025
ACCOUNT NUMBER 26005100
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
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 OPEB
FOR THE PERIOD APRIL 1, 2025 THROUGH JUNE 30, 2025
ACCOUNT NUMBER 26005100
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
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 OPEB
FOR THE PERIOD APRIL 1, 2025 THROUGH JUNE 30, 2025
ACCOUNT NUMBER 26005100
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
DATE
DESCRIPTION
CASH
¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯
OTHER RECEIPTS
MUTUAL FUND REV SHARE
4/01/25
CASH RECEIPT
33.01
MUTUAL FUND REV SHARE
SUB T/A,01/2025,207019704,26005100
CONESTOGA SMALL CAP-INST
4/01/25
CASH RECEIPT
29.47
MUTUAL FUND REV SHARE
SUB T/A,02/2025,207019704,26005100
CONESTOGA SMALL CAP-INST
4/01/25
CASH RECEIPT
19.36
MUTUAL FUND REV SHARE
SERVICE,12/2024,06828M876,26005100
BARON EMERGING MARKETS-INS #1575
4/01/25
CASH RECEIPT
19.37
MUTUAL FUND REV SHARE
SERVICE,10/2024,06828M876,26005100
BARON EMERGING MARKETS-INS #1575
4/01/25
CASH RECEIPT
19.37
MUTUAL FUND REV SHARE
SERVICE,11/2024,06828M876,26005100
BARON EMERGING MARKETS-INS #1575
6/03/25
CASH RECEIPT
30.34
MUTUAL FUND REV SHARE
SUB T/A,03/2025,207019704,26005100
CONESTOGA SMALL CAP-INST
-----------------
TOTAL MUTUAL FUND REV SHARE
150.92
TOTAL OTHER RECEIPTS
150.92
-----------------
TOTAL CONTRIBUTIONS AND OTHER CASH RECEIPTS
150.92
-----------------

PAGE 23
SCHEDULE OF BENEFIT PAYMENTS AND OTHER CASH DISBURSEMENTS
WATERFORD OPEB
FOR THE PERIOD APRIL 1, 2025 THROUGH JUNE 30, 2025
ACCOUNT NUMBER 26005100
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
DATE
DESCRIPTION
CASH
¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯
EXPENSES
INVESTMENT MANAGEMENT EXPENSES
4/09/25
CASH DISBURSEMENT
21,058.05-
PAID TO FIDUCIENT ADVISORS
INVESTMENT MANAGEMENT FEE ACH
QTR ENDING 03/31/2025 INVOICE# 1250_03312025
-----------------
TOTAL INVESTMENT MANAGEMENT EXPENSES
21,058.05-
ADMINISTRATIVE EXPENSES
BANK FEE
4/18/25
FEE
2,346.92-
BANK FEE
-----------------
TOTAL BANK FEE
2,346.92-
-----------------
TOTAL ADMINISTRATIVE EXPENSES
2,346.92-
TOTAL EXPENSES
23,404.97-
-----------------
TOTAL BENEFIT PAYMENTS AND OTHER CASH DISBURSEMENTS
23,404.97-
-----------------

PAGE
24
BOND MATURITY SCHEDULE
WATERFORD OPEB
AS OF JUNE 30, 2025
ACCOUNT NUMBER 26005100
___________________________________________________________________________________________________________________________________________
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 25
SCHEDULE OF BROKER COMMISSIONS
WATERFORD OPEB
FOR THE PERIOD APRIL 1, 2025 THROUGH JUNE 30, 2025
ACCOUNT NUMBER 26005100
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
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 - 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
APRIL 1, 2025
THROUGH JUNE 30, 2025
PFGEDD
ACCOUNT CONTACT: MARK KUNDROTAS
TELEPHONE NUMBER: 515-878-6045
0712

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.
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 JUNE 30, 2025
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 ...............................................................
17
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 APRIL 1, 2025
THROUGH JUNE 30, 2025
ACCOUNT NUMBER 26005000
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
BEGINNING MARKET VALUE
485,079.00
RECEIPTS
________
INCOME
INTEREST
124.13
DIVIDENDS
2,183.49
NET CHANGE IN ACCRUED INCOME
3.11
TOTAL INCOME
2,310.73
REALIZED GAIN / LOSS
1,002.16
UNREALIZED GAIN / LOSS
30,764.70
------------------
TOTAL RECEIPTS
34,077.59
DISBURSEMENTS
_____________
BENEFIT PAYMENTS
PERIODIC PAYMENT
-22,422.36
TOTAL BENEFIT PAYMENTS
-22,422.36
EXPENSES
INVESTMENT MANAGEMENT FEE
-643.41
ADMINISTRATIVE EXPENSE
-384.71
TOTAL EXPENSES
-1,028.12
TOTAL DISBURSEMENTS
-23,450.48
------------------
ENDING MARKET VALUE
495,706.11
==================

PAGE 2
RECONCILEMENT OF CASH BALANCES
WATERFORD PENSION
FOR THE PERIOD APRIL 1, 2025
THROUGH JUNE 30, 2025
ACCOUNT NUMBER 26005000
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
BEGINNING CASH BALANCE
0.00
RECEIPTS
________
INCOME
INTEREST
124.13
DIVIDENDS
2,183.49
TOTAL INCOME
2,307.62
PROCEEDS FROM DISPOSITIONS
48,450.48
------------------
TOTAL RECEIPTS
50,758.10
DISBURSEMENTS
_____________
BENEFIT PAYMENTS
PERIODIC PAYMENT
-22,422.36
TOTAL BENEFIT PAYMENTS
-22,422.36
EXPENSES
INVESTMENT MANAGEMENT FEE
-643.41
ADMINISTRATIVE EXPENSE
-384.71
TOTAL EXPENSES
-1,028.12
COST OF ACQUISITIONS
-27,307.62
------------------
TOTAL DISBURSEMENTS
-50,758.10
------------------
ENDING CASH BALANCE
0.00
------------------

PAGE 3
RECONCILEMENT OF COST VALUE
WATERFORD PENSION
FOR THE PERIOD APRIL 1, 2025
THROUGH JUNE 30, 2025
ACCOUNT NUMBER 26005000
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
BEGINNING COST VALUE
430,022.68
RECEIPTS
________
INCOME
INTEREST
124.13
DIVIDENDS
2,183.49
NET CHANGE IN ACCRUED INCOME
3.11
TOTAL INCOME
2,310.73
REALIZED GAIN / LOSS
1,002.16
------------------
TOTAL RECEIPTS
3,312.89
DISBURSEMENTS
_____________
BENEFIT PAYMENTS
PERIODIC PAYMENT
-22,422.36
TOTAL BENEFIT PAYMENTS
-22,422.36
EXPENSES
INVESTMENT MANAGEMENT FEE
-643.41
ADMINISTRATIVE EXPENSE
-384.71
TOTAL EXPENSES
-1,028.12
------------------
TOTAL DISBURSEMENTS
-23,450.48
------------------
ENDING COST VALUE
409,885.09
==================

PAGE 4
CHANGE IN UNREALIZED GAIN/LOSS
WATERFORD PENSION
FOR THE PERIOD APRIL 1, 2025
THROUGH JUNE 30, 2025
ACCOUNT NUMBER 26005000
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
UNREALIZED
GAIN/LOSS
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
ENDING UNREALIZED GAIN LOSS
ACCOUNT MARKET VALUE - CURRENT PERIOD
495,706.11
ACCOUNT COST VALUE - CURRENT PERIOD
-409,885.09
------------------
85,821.02
BEGINNING UNREALIZED GAIN/LOSS
ACCOUNT MARKET VALUE - PRIOR PERIOD
-485,079.00
ACCOUNT COST VALUE - PRIOR PERIOD
430,022.68
------------------
-55,056.32
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
30,764.70
------------------

PAGE 5
SUMMARY OF NET INCOME EARNED
WATERFORD PENSION
FOR THE PERIOD APRIL 1, 2025
THROUGH JUNE 30, 2025
ACCOUNT NUMBER 26005000
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
INCOME
¯¯¯¯¯¯
INTEREST
124.13
DIVIDENDS
2,183.49
------------------
GROSS INCOME COLLECTED
2,307.62
LESS: EXPENSE OF INCOME
0.00
NET INCOME COLLECTED
2,307.62
ADJUSTMENTS
¯¯¯¯¯¯¯¯¯¯¯
CURRENT ACCRUED INCOME
64.11
LESS: PRIOR ACCRUED INCOME
-61.00
NET CHANGE IN ACCRUED INCOME
3.11
------------------
NET INCOME EARNED
2,310.73
------------------

PAGE 6
NET FUND ADJUSTMENT
WATERFORD PENSION
FOR THE PERIOD APRIL 1, 2025
THROUGH JUNE 30, 2025
ACCOUNT NUMBER 26005000
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
UNREALIZED GAIN / LOSS
30,764.70
REALIZED GAIN / LOSS
1,002.16
NET INCOME:
INTEREST
124.13
DIVIDENDS
2,183.49
REAL ESTATE AND MIA INCOME
0.00
OTHER INCOME
0.00
EXPENSE OF INCOME COLLECTED
0.00
NET CHANGE IN ACCRUED INCOME
3.11
ADMINISTRATIVE AND OTHER EXPENSES
-1,028.12
------------------
NET FUND ADJUSTMENT
33,049.47

PAGE 7
BALANCE SHEET
WATERFORD PENSION
FOR THE PERIOD APRIL 1, 2025 THROUGH JUNE 30, 2025
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
9,841.99
11,515.64
2.81
9,841.99
11,515.64
2.32
9,841.99
11,515.64
MUTUAL FUNDS
420,119.69
398,305.34
97.19
475,176.01
484,126.36
97.68
475,176.01
453,203.47
-----------------------------------------------------------------------------------------------
TOTAL ASSETS
429,961.68
409,820.98
100.00
485,018.00
495,642.00
100.00
485,018.00
464,719.11
PENDING CASH
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
ACCRUED INCOME
61.00
64.11
61.00
64.11
61.00
64.11
-----------------------------------------------------------------------------------------------
TOTAL ACCOUNT
430,022.68
409,885.09
485,079.00
495,706.11
485,079.00
464,783.22
-----------------------------------------------------------------------------------------------

PAGE 8
SUMMARY OF ASSETS
WATERFORD PENSION
AS OF JUNE 30, 2025
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
11,515.64
11,515.64
0.00
2.32
478.28
4.15
64.11
MUTUAL FUNDS
398,305.34
484,126.36
85,821.02
97.66
13,155.51
2.72
0.00
_________________
_________________
________________
______
______________
_____
______________
TOTAL ASSETS
409,820.98
495,642.00
85,821.02
99.99
13,633.79
2.75
64.11
ACCRUED INCOME
64.11
64.11
0.01
NET PENDING TRADES
0.00
0.00
0.00
_________________
_________________
________________
______
______________
_____
______________
TOTAL ACCOUNT
409,885.09
495,706.11
85,821.02
100.00
13,633.79
2.75
64.11
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯

PAGE 9
STATEMENT OF ASSETS AND LIABILITIES
WATERFORD PENSION
AS OF JUNE 30, 2025
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
11,515.640
ALLSPRING GOVERNMENT
11,515.64
11,515.64
0.00
64.11
MONEY MARKET FUND
100.0000
100.0000
6/30/25
INSTL CLASS - #1751
VP4560000
_________________
_________________
_________________
________________
TOTAL OTHER MONEY MARKET FUNDS
11,515.64
11,515.64
0.00
64.11
_________________
_________________
_________________
________________
TOTAL OTHER CASH EQUIVALENTS
11,515.64
11,515.64
0.00
64.11
TOTAL CASH EQUIVALENTS
11,515.64
11,515.64
0.00
64.11
MUTUAL FUNDS
¯¯¯¯¯¯¯¯¯¯¯¯
MUTUAL FUNDS - EQUITY
6,513.706
FIDELITY GLOBAL EX US INDEX FUND
100,767.04
111,644.92
10,877.88
0.00
CLASS INS PR #2348
15.4700
17.1400
6/30/25
316146315
1,063.109
FIDELITY TOTAL MARKET INDEX FUND
100,646.73
181,047.46
80,400.73
0.00
CLASS FAI #2361
94.6721
170.3000
6/30/25
315911693
_________________
_________________
_________________
________________
TOTAL MUTUAL FUNDS - EQUITY
201,413.77
292,692.38
91,278.61
0.00
MUTUAL FUNDS - CORPORATE BONDS
818.731
ARTISAN HIGH INCOME FUND
7,200.46
7,556.89
356.43
0.00
CLASS INST #2468
8.7947
9.2300
6/30/25
04314H568

PAGE 10
STATEMENT OF ASSETS AND LIABILITIES
WATERFORD PENSION
AS OF JUNE 30, 2025
ACCOUNT NUMBER 26005000
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
COST VALUE
MARKET VALUE
PRICING
UNREALIZED
ACCRUED
PAR VALUE/SHARES
DESCRIPTION
/ UNIT COST
/ UNIT PRICE
DATE
GAIN/LOSS
INCOME
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯
6,511.426
BAIRD AGGREGATE BOND FUND-
70,145.76
64,137.55
6,008.21-
0.00
INSTITUTIONAL SHARES #72
10.7727
9.8500
6/30/25
057071854
4,626.967
BLACKROCK STRATEGIC INCOME
45,296.93
44,835.31
461.62-
0.00
OPPORTUNITIES PORTFOLIO
9.7898
9.6900
6/30/25
CLASS K #1944
09260B374
1,096.525
FIDELITY INFLATION PROTECTED BOND
10,083.95
10,175.75
91.80
0.00
INDEX FUND CLASS FAI #2418
9.1963
9.2800
6/30/25
31635T104
7,289.243
HARBOR CORE BOND FUND
64,164.47
64,728.48
564.01
0.00
8.8026
8.8800
6/30/25
411512197
_________________
_________________
_________________
________________
TOTAL MUTUAL FUNDS - CORPORATE BONDS
196,891.57
191,433.98
5,457.59-
0.00
TOTAL MUTUAL FUNDS
398,305.34
484,126.36
85,821.02
0.00
TOTAL ASSETS AND LIABILITIES
409,820.98
495,642.00
85,821.02
64.11
ACCRUED INCOME
64.11
64.11
_______________________________________________________________
TOTAL ACCOUNT
409,885.09
495,706.11
85,821.02
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯

PAGE
11
SCHEDULE OF INCOME EARNED
WATERFORD PENSION
FOR THE PERIOD APRIL 1, 2025 THROUGH JUNE 30, 2025
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
03/31/25
PRIOR ACCRUED INCOME
9,841.99
61.00
04/01/25
INCOME RECEIPT RECEIVED
0.00
61.00
05/01/25
INCOME RECEIPT RECEIVED
0.00
31.26
06/02/25
INCOME RECEIPT RECEIVED
0.00
31.87
06/30/25
CURRENT ACCRUED INCOME
11,515.64
64.11
______________
______________
______________
______________
TOTAL
124.13
61.00
64.11
127.24
¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯
¯¯¯¯¯¯¯¯¯¯¯¯¯¯
CASH EQUIVALENTS TOTAL
124.13
61.00
64.11
127.24
MUTUAL FUNDS
ARTISAN HIGH INCOME FUND
CLASS INST #2468
CUSIP 04314H568
03/31/25
PRIOR ACCRUED INCOME
804.40
0.00
05/01/25
INCOME RECEIPT RECEIVED
0.00
44.73
06/02/25
INCOME RECEIPT RECEIVED
0.00
42.86
07/01/25
INCOME RECEIPT RECEIVED
0.00
43.34
06/30/25
CURRENT ACCRUED INCOME
818.73
0.00
______________
______________
______________
______________
TOTAL
130.93
0.00
0.00
130.93
BAIRD AGGREGATE BOND FUND-
INSTITUTIONAL SHARES #72
CUSIP 057071854
03/31/25
PRIOR ACCRUED INCOME
6,861.43
0.00
04/28/25
INCOME RECEIPT RECEIVED
0.00
211.35
05/28/25
INCOME RECEIPT RECEIVED
0.00
204.19
06/25/25
INCOME RECEIPT RECEIVED
0.00
214.32
06/30/25
CURRENT ACCRUED INCOME
6,511.43
0.00
______________
______________
______________
______________
TOTAL
629.86
0.00
0.00
629.86

PAGE
12
SCHEDULE OF INCOME EARNED
WATERFORD PENSION
FOR THE PERIOD APRIL 1, 2025 THROUGH JUNE 30, 2025
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
03/31/25
PRIOR ACCRUED INCOME
4,886.00
0.00
05/01/25
INCOME RECEIPT RECEIVED
0.00
174.19
06/02/25
INCOME RECEIPT RECEIVED
0.00
184.20
07/01/25
INCOME RECEIPT RECEIVED
0.00
177.70
06/30/25
CURRENT ACCRUED INCOME
4,626.97
0.00
______________
______________
______________
______________
TOTAL
536.09
0.00
0.00
536.09
FIDELITY TOTAL MARKET INDEX FUND
CLASS FAI #2361
CUSIP 315911693
03/31/25
PRIOR ACCRUED INCOME
1,074.81
0.00
04/14/25
INCOME RECEIPT RECEIVED
0.00
116.08
06/30/25
CURRENT ACCRUED INCOME
1,063.11
0.00
______________
______________
______________
______________
TOTAL
116.08
0.00
0.00
116.08
FIDELITY INFLATION PROTECTED BOND
INDEX FUND CLASS FAI #2418
CUSIP 31635T104
03/31/25
PRIOR ACCRUED INCOME
1,092.86
0.00
04/07/25
INCOME RECEIPT RECEIVED
0.00
33.88
06/30/25
CURRENT ACCRUED INCOME
1,096.53
0.00
______________
______________
______________
______________
TOTAL
33.88
0.00
0.00
33.88
HARBOR CORE BOND FUND
CUSIP 411512197
03/31/25
PRIOR ACCRUED INCOME
7,550.37
0.00
05/01/25
INCOME RECEIPT RECEIVED
0.00
249.16
06/02/25
INCOME RECEIPT RECEIVED
0.00
244.15
07/01/25
INCOME RECEIPT RECEIVED
0.00
243.34
06/30/25
CURRENT ACCRUED INCOME
7,289.24
0.00
______________
______________
______________
______________
TOTAL
736.65
0.00
0.00
736.65

PAGE
13
SCHEDULE OF INCOME EARNED
WATERFORD PENSION
FOR THE PERIOD APRIL 1, 2025 THRO