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BCRUA-2026-011 - 6/24/2026 RESOLUTION NO. BCRUA-2026-011 WHEREAS, Chapter 2256, Texas Government Code, Section 2256.023 of the Public Funds Investment Act states that a written report of investments be submitted to the governing body at least quarterly; and WHEREAS,a Quarterly Investment Report for the quarter ending March 31, 2026 for the Brushy Creek Regional Utility Authority (`BCRUA") has been submitted to the Board of Directors; and WHEREAS,the Board of Directors desires to acknowledge the receipt and acceptance of the attached BCRUA Quarterly Investment Report, Now Therefore BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE BRUSHY CREEK REGIONAL UTILITY AUTHORITY: That the BCRUA Quarterly Investment Report, attached hereto as Exhibit "A" and incorporated herein, is hereby received and accepted. The Board of Directors hereby finds and declares that writtennotice of the date,hour, place and subject of the meeting at which this Resolution was adopted was posted and that such meeting was open to the public as required by law at all times during which this Resolution and the subject matter hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act, Chapter 551, Texas Government Code, as amended. RESOLVED this 24th day of June, 2026. ANNE DUFFY, Presi nt Brushy Creek Regio 1 tility Authority ATTEST: NA'COLE THO PSON, Secretary 0330.20241 EXHIBIT A BRUSHY CREEK RUA Quarterly Investment Report AS OF MARCH 31, 2026 I I ,cc M E E D E R OBSERVATIONS AND EXPECTATIONS ,CC M ,EFUNDS E D E R • Interest rates were higher for March, generally due to increases of energy prices • The Fed Funds futures market has been bouncing around, projecting no 2026 moves • Economic growth for the fourth quarter of 2026 was revised lower to 0.7% from 1.4% • Labor market data continue to show there's not much hiring or firing taking place • The rate of change of inflation has slowed, but cumulative inflation is above average Projected Fed .25% Cuts/Hikes to Dec 2026 • During most of February, the Fed 25 Funds futures market was pricing in over two .25% Fed cuts this 0 year. 0 At the end of March, futures -25 market data are projecting the m Fed to be on hold this year. _50 -75 SOURCE: BLOOMBERG,FED'S UPPER RATE,SHADED AREAS ARE RECESSIONS MLEuESD E R Nonfarm Payrolls - MoM Change 150 126 108 Monthly nonfarm payrolls have 100 67 64 76 alternated between negative and positive the past nine months. 50 42 41 ' 13 ' This is the highest string of 0 ■ consecutively contrasting job data on o record. o -50 -22 0 -17 Many analysts and economists have -100 -70 stated we are experiencing a "no hire, -92 no fire" job market. -150 -140 -200 SOURCE: BLOOMBERG, �p �p �.(0 :b �p �� �y �p PCE Core Inflation Yoy 6% 5.6% �PCE Core YoY The Consumer Price Index's YoY rate of —Fed's 2%Target change has slowed materially since the 5% COVID year highs. 4% The five-year cumulative change is up over 3% 26%, which is well above a rolling 5-year average. 2% U.S. consumers say their greatest financial 1% concern right now is affordability, due to the 0% accumulated inflation since the pandemic. N N N N N N M M co M co co rt It � q t U) to U7 U) B7 In N N N N N N N N N N N N N N N N N N N N N N N N --) 22 fn Z -5M 2 fn Z � (n Z ­) (n Z SOURCE: BLOOMBERG, '2026 YOY THROUGH FEB SCC M�IC EuEsD E R PUEU.S. Treasury Yield Curve Change 5.00 -X3/31/26 -0-2/27/26 4.80 4.60 4.40 C 4.20 v a 4.00 3.80 3.60 3.40 3.20 3M 6M 1Y 2Y 3Yr 5Y 7Y 10Y 20Y 30Y SOURCES: BLOOMBERG Basis Point Change so 42 44 44 43 N 40 38 36 30 IL 30 y 18 �� 20 m 10 8 2 O 3M 6M 1Y 2Y 3Yr 5Y 7Y 10Y 20Y 30Y SOURCES: BLOOMBERG BRUSHY CREEK RUA I MARCH 31,2026 M E E D E R PUBLIC FUNDS Compliance Certification The undersigned acknowledge they have reviewed this quarterly investment report for the period ending March 31, 2026.Off icials designated as investment officers by this entity's Investment Policy attest that all investments comply with the Texas Public Funds Investment Act and this entity's Investment Policy. Sam Roberts,P.E.,General Manager BRUSHY CREEK RUA I MARCH 31,2026 MEE D E R PUBLIC FUNDS Contents Portfolio Statistics 7 Quarterly Portfolio Summary 8 Quarterly Portfolio Summary By Fund 9 Portfolio Overview 10 Summary by Type 11 Position Statement 13 Cash Reconciliation Report 17 Transaction Statement 18 Amortization Schedule 19 Accrued Interest Schedule 20 Earnings by Fund 22 Projected Cashflows 24 Change in Value 25 s BRUSHYCREEKRUA MARCH 31,2026 M E E D E R PUBLIC FUNDS Portfolio Portfolio Position 2.51 Par Value $179,098,066 Weighted ' - ••'Yield to Maturity Principal Cost $178,792,357 Book value $178,967,473 0.02 Market value $178,969,427 Weighted Average Unrealized Gain/Loss $1,954 Accrued Interest $169,464 Portfolio0.02 EffectiveD Maturity Distribution Sector Allocation 0.02 100,0 Weighted Average 80% 60% 0 LGIP 49.34% 40% • Bank Deposits 32.06% 20% Money Market Funds 8.82% 0% • U.S.Treasuries 6.47% Average _• Rating 1 Dai- • Commercial Paper 3.31% 7 BRUSHY CREEK RUA I MARCH 31,2026 M E E D E R PUBLIC FUNDS Quarterly Portfolio Summary This quarterly report is prepared in compliance with the Investment Policy and the Strategy of this entity and the Public Funds Investment Act(Chapter 2256,Texas Government Code). Portfolio as of December 31,2025 Portfolio as of March 31,2026 BEGINNING BOOK VALUE $184,585,561.12 ENDING BOOK VALUE $178,967,472.80 BEGINNING MARKET VALUE $184,602,155.81 ENDING MARKET VALUE $178,969,426.64 INVESTMENT INCOME FOR THE PERIOD $1,080,676.26 UNREALIZED GAIN/(LOSS) $16,594.69 UNREALIZED GAIN/(LOSS) $1,953.84 CHANGE IN UNREALIZED GAIN/(LOSS) ($14,640.85) WEIGHTED AVERAGE MATURITY WEIGHTED AVERAGE MATURITY (YEARS) 0.05 (YEARS) 0.02 WEIGHTED AVERAGE YIELD 2.43 WEIGHTED AVERAGE YIELD 2.51 BRUSHY CREEK RUA I MARCH 31,2026 MEE D E R PUBLIC FUNDS Quarterly Portfolio Summary By Fund PORTFOLIO MARKET VALUE BY FUND 12/31/2025 03/31/2026 CHANGE INTERESTEARNED CONSTRUCTION FUNDS 4,773,251.94 4,771,880.52 -1,371.42 46,614.79 CONSTRUCTION FUNDS 2021-CEDAR 24,061,734.64 22,335,341.68 -1,726,392.96 220,463.93 PARK CONSTRUCTION FUNDS 2023-CEDAR 7,708,491.76 7,778,61925 70127.49 70127.49 PARK CONSTRUCTION FUNDS 2023-ROUND 4,551143.39 2,763,908.08 -1,787,235.31 31,124.75 ROCK CONSTRUCTION FUNDS 2024-LEAN- 22,017,925.34 31,292,629.41 9,274,704.07 225,628.45 DER CONSTRUCTION FUNDS 2024-ROUND 19296,322.98 20,381,014.05 1,084,691.07 178,083.93 ROCK CONSTRUCTION FUNDS-2022 SWIFT 15,909,994.39 12,844,345.46 -3,065,648.93 128158.33 ESCROW FUNDS 2021-CEDAR PARK 15,652,331.42 15,792,429.36 140,097.94 138,341.64 LEANDER-ESFD24 17,674,989.49 8,625,913.87 -9,049,075.62 0.00 LEANDER-ESFD25 36114179.00 36,114,179.00 0.00 0.00 OPERATING FUNDS 4154,180.46 4,48816210 333,981.64 42132.95 ROUND ROCK-ESFD24 12,687,611.00 11,781,003.86 -906,60714 0.00 TOTAL 184,602,155.81 178,969,426.64 5,632,72917 1,080,676.26 9 BRUSHY CREEK RUA I MARCH 31,2026 MEE D E R PUBLIC FUNDS %OF DAYS TO PortfolioSECURITY TYPE PAR VALUE MARKET VALUE BOOK VALUE PORTFOLIO MATURITY YIELD Bank Deposits 57,380,339.34 57,380,339.34 57,380,339.34 32.06% 1 0.01 .37 8,305,297.37 overview Mol ey Market Funds 815,792,429 36 815,792,429.36 815,792,429.36 8.82% 1 3.53 Commercial Paper 6,000,000.00 5,915,214.44 5,915,214.44 3.31% 132 4.00 U.S.Treasuries 11,620,000.00 11,576,14614 11,574,19229 6.47% 68 3.95 TOTAL 179,098,066.07 178,969,426.64 178,967,472.80 100.00% 10 2.51 CASH AND ACCRUED INTEREST Purchased Accrued Interest 0.00 0.00 TOTAL CASH AND INVESTMENTS 179,098,066.07 178,969,426.64 178,967,472.80 10 2.51 TOTAL EARNINGS FISCAL YEAR TO CURRENTOUARTER DATE 1,080,676.26 2,300,286.87 i0 BRUSHY CREEK RUA I MARCH 31,2026 MEE D E R PUBLIC FUNDS Summary by Type DAYS TO FINAL SECURITYTYPE #OFSECURITIES PARVALUE BOOKVALUE %OFPORTFOLIO YIELD MATURITY CONSTRUCTION FUNDS LGIP 1 4,771,880.52 4,771,880.52 2.66 3.66 1 TOTAL 1 4,771,880.52 4,771,880.52 2.87 3.88 1 CONSTRUCTION FUNDS 2021-CEDAR PARK Bank Deposits 1 38,838.69 38,838.69 0.02 0.48 1 LGIP 1 4,805142.42 4,805142.42 2.68 3.66 1 Commercial Paper 1 6,000,000.00 5,915,214.44 3.30 4.00 132 U.S.Treasuries 2 11,620,000.00 11,574192.29 6.53 3.95 68 TOTAL 5 22,463,98111 22,333,387.84 12AS 3.89 71 CONSTRUCTION FUNDS 2023-CEDAR PARK LGIP 1 7,778,619.25 7,778,619.25 4.34 3.66 1 TOTAL 1 7,778,619.25 7,778,819.25 4.35 3.68 1 CONSTRUCTION FUNDS 2023-ROUND ROCK LGIP 1 2,763,908.08 2,763,908.08 1.54 3.66 1 TOTAL 1 2,763,908.08 2,763,908.08 1.54 3.66 1 CONSTRUCTION FUNDS 2024-LEANDER LGIP 1 31,292,629.41 31,292,629.41 17.47 3.66 1 TOTAL 1 31,292,629A7 31,292,629.41 1r1A8 3.66 1 CONSTRUCTION FUNDS 2024-ROUND ROCK LGIP 1 20,381,014.05 20,381,014.05 11.38 3.66 1 TOTAL 1 20,381,014.05 20,381,014.05 11.39 3.86 1 CONSTRUCTION FUNDS-2022 SWIFT LGIP 1 12,844,345.46 12,844,345.46 717 3.66 1 BRUSHY CREEK RUA I MARCH 31,2026 M E E D E R PUBLIC FUNDS Summary by Type DAYS TO FINAL SECURITYTYPE NOFSECURITIES PARVALUE BOOKVALUE % PORTFOLIO YIELD MATURITY TOTAL 1 12,844,345A6 Y2,844,345 46 718 3AS 1 ESCROW FUNDS 2021 CEDAR PARK Money Market Funds 1 15,792,429.36 15,792,429.36 8.82 3.53 1 TOTAL 1 15,792,429.36 15,792,429.36 8A2 3.53 1 Bank Deposits 1 8,625,913.87 8,625,913.87 4.82 0.00 1 TOTAL 1 8,625,913.87 8,625,913 87 4.82 0.00 1 LEANDER-ESFD25 Bank Deposits 1 36114,179.00 36,114,179.00 20.17 0.00 1 TOTAL 1 38,114,V9.00 38,114,179.00 20.18 0.00 1 OPERATING Bank Deposits 1 820,403.92 820,403.92 0.46 0.48 1 LGIP 1 3,667,75818 3,667,758.18 2.05 3.66 1 TOTAL 2 4,488,162.10 4,488,16210 2.51 3.08 1 ROUND Bank Deposits 1 11,781,003.86 11,781,003.86 6.58 0.00 1 TOTAL 1 11,781,003.86 11,781,003.86 6.58 0.00 1 GRANDTOTAL 17 179,098,066.07 178,987,472.80 100.00 251 10 BRUSHY CREEK RUA I MARCH 31,2026 M E E D E R PUBLIC FUNDS Position Statement PRINCIPALCOST UNREALIZED MOODY'S TRADEDATE PURCHASED YIELDTO MATURITY DAYSTO MARKET PRICE GAIN/LOSS BOOK %OF S&P CUSIP DESCRIPTION SETTLEDATE PARVALUE INTEREST TOTALCOST MATURITY DATE MATURITY MARKETVALUE VALUE MV RATING CONSTRUCTION FUNDS LGIP TEXSTAR-MC TexStar Master Con- 03/31/2026 4,771,880.52 4,771,880.52 4,771,880.52 3.66 1 1.00 0.00 267 struction 03/31/2026 0.00 4,771,880.52 4,771,880.52 NA LGIPTOTAL 4,771,880.52 4'771'880'52 4,771,880.52 3.66 1 1.00 0.00 2.67 NA 0.00 4,771,880.52 4,771,880.52 CONSTRUCTION 4,771,880.52 4,771,880.52 4,771,880.52 3.66 0.00 2.67 NA FUNDS TOTAL 0.00 4,771,88052 4,771,880.52 CONSTRUCTION FUNDS2021-CEDAR BANK DEPOSITS Wells Fargo Analyzed 03/31/2026 38,838.69 1.00 000 NA 1550578940CP Business Checking Plus 03/31/2026 38,838.69 0.00 38,83869 048 1 38,83869 38,838.69 0.02 NA PF-C BANK DEPOSITS 38,838.69 1.00 0.00 TOTAL 38,83889 0.00 38,838.69 0.48 1 38,838.69 38,838.69 0.02 NA LGIP TEXSTAR-CP TexStar Cedar Park 03/31/2026 4,805142.42 4,805142.42 4,805,142.42 3.66 1 1.00 0.00 268 03/31/2026 0.00 4,805,142.42 4,805142.42 NA LGIPTOTAL 44105,142A2 4,805,1 242 2 4,805,142.42 3.66 1 0.00 4,805,142 4,805,142.42 2 .68 NA COMMERCIAL �Y PAPER 62479MHA4 MUFG BANK NY 11/13/2025 6,000,000.00 5,827,840.00 5,827,840.00 4.00 08/10/2026 132 98.69 0.00 3.31 P-1 08/10/26 11/17/2025 0.00 5,915,214.44 5,915,214.44 A-1 COMMERCIAL PA- 6000000 5,827,840.00 5,827,840.00 4.00 132 98.59 0.00 3.31 A4 PERTOTAL 0.00 5,915,21444 5,915,214A4 U.S.TREASURIES USTREASURY3.750 04/16/2025 6,487,050.78 100.00 245.53 Aa1 91282CGV7 04/15/26 04/17/2025 6,500,000.00 0.00 6,487,050.78 3.96 04/15/2026 15 6,499,746.11 6,499,500.58 3.63 AA+ 9128282A7 USTREASURY1.500 08/15/2025 5120,000.00 4,999,400.00 4,999,400.00 3.94 08/15/2026 137 9915 1,708.31 2.84 Aa1 08/15/26 08/18/2025 0.00 5,076,400.03 5,074,691.71 AA+ U.S.TREASURIES 11,620,000.00 11,486,450.78 11,486,450.78 3.95 68 99.62 1,953.84 6.47 AA+ TOTAL 0.00 11,576,146.14 11,574,192.29 CONSTRUCTION 22,158,27189 1,95384 FUNDS2021-CEDAR 22463,981.11 0.00 22158271.89 3.89 71 22,335,341.68 22,333,387.84 12A8 AA- PARKTOTAL BRUSHY CREEK RUA I MARCH 31,2026 M E E D E R PUBLIC FUNDS Position Statement PRINCIPALCOST UNREALIZED MOODY'S TRADE DATE PURCHASED YIELDTO MATURITY DAYSTO MARKETPRICE GAIN/LOSS BOOK %OF S&P CUSIP DESCRIPTION SETTLE DATE PARVALUE INTEREST TOTALCOST MATURITY DATE MATURITY MARKETVALUE VALUE MV RATING CONSTRUCTION FUNDS2023- 10EDARPARK LGIP TEXSTAR-CP TexStar Cedar Park 03/31/2026 7778619.25 7,778,619.25 7,778,619.25 3.66 1 1.00 0.00 4.35 03/31/2026 0.00 7,778,619.25 7,778,619.25 NA LGIPTOTAL 7,778,619.25 7,778,619.25 7,778,619.25 3.66 1 t00 0.00 AL3, NA 0.00 7,778,619.25 7,778,619.25 CONSTRUCTION FUNDS2023-CEDAR 7,778,619.25 7'778'619'25 7,778,619.25 3.66 1 0'� 4.35 NA PARKTOTAL 0.00 7,778,619.25 7,778,619.25 CONSTRUCTION FUNDS2023- ROUNDROCK LGIP TEXSTAR-RR TexStar Round Rock 03/31/2026 276390808 2'763'908'08 2,763,908.08 3.66 1 1.00 0.00 154 03/31/2026 0.00 2,763,908.08 2,763,908.08 NA LGIPTOTAL 2,763,908.08 2'7 2,783,908.08 3.66 1 t00 0.00 1.54 NA 2,783,908.08 2,783,908.08 CONSTRUCTION FUNDS 2023-ROUND 2,763,908.08 2'7�'9� 2,763,908.08 3.66 1 08 0.00 1.54 NA ROCKTOTAL moo2+763,90808 2,783+908'08 CONSTRUCTION FUNDS2024- ,LEAN. LGIP TEXSTAR-LD TexStar Leander 03/31/2026 31,292,629.41 31,292,629.41 31,292,629.41 3.66 1 1.00 0.00 1748 03/31/2026 0.00 31,292,629.41 31,292,629.41 NA LGIPTOTAL 31,292,629.41 31'292'6Q� ��31,292,829.41 3.88 1 �0 3 0'00 17AS NA 1,292,629.47 CONSTRUCTION 31,292,629.41 0.00 FUNDS2024- 31,292,629.41 31,292,629A7 3.66 1 17AS NA LEANDER TOTAL 0.00 31,292,629.41 31,292,629A7 CONSTRUCTION FUNDS2024- ROUNDROCK LGIP BRUSHY CREEK RUA I MARCH 31,2026 MEE D E R PUBLIC FUNDS Position Statement PRINCIPALCOST UNREALIZED MOODY'S TRADE DATE PURCHASED YIELDTO MATURITY DAYSTO MARKET PRICE GAIN/LOSS BOOK %OF S&P CUSIP DESCRIPTION SETTLEDATE PARVALUE INTEREST TOTALCOST MATURITY DATE MATURITY MARKETVALUE VALUE MV RATING TEXSTAR-RR TexStar Round Rock 03/31/2026 20,381,014.05 20,381,014.05 20,381,014.05 3.66 1 1.00 0.00 1139 03/31/2026 0.00 20,381,014.05 20,381,014.05 NA LGIP TOTAL 20,=4"4.05 201PI4.05 0.00 20,381,014 05 388 1too 00 1139 NA 20,381,014.05 20,381,014.05 CONSTRUCTION FUNDS2024-ROUND 20,381,014.0520,381A"4-05 20,381,014.05 388 1 20,381,01405 20,381,014.05 11.39 NA ROCKTOTAL DS-2CONSTRUCTION FUN022SWIFT LGIP 03/31/2026 12,844,345.46 1.00 0.00 TEXSTAR-LD TexStar Leander 03/31/2026 12'844'345'46 0.00 12,844,34x`.46 3.66 1 12,844,345,46 12,844,345.46 718 NA LGIPTOTAL 12,844,34548 1 0.00 12,844,345A8 388 1 12A44,345A6 12,844,34,0.1'" 718 NA CONSTRUCTION FUNDS-2022 SWIFT 12,844,345.46 70000 12,844,345A8 388 1 12,844,345A6 12,844,3 5A6 7.18 NA TOTAL ESCROW FUNDS 12021-CEDARPARK MONEY MARKET FUNDS DREYFUS GVT 03/31/2026 15,792,429.36 1.00 0.00 Aaa X9USDDGCM CM;INST 03/31/2026 15,792,429.36 0.00 15,792,429.36 3.53 1 15,792,429.36 15,792,429.36 8'82 AAA MONEY MARKET 15,792,429.38 15,792,429.36 15,792,429.36 3.53 1 t00 0.00 8.82 AAA FUNDS TOTAL 0.00 15,792,429.36 15,792,429.38 ESCROW FUNDS 2021-CEDAR PARK 15,792,429 36 15'792'4 QOO 15,792,49 36 353 1 0.00 15,792,49.36 15,792,4 9.38 882 AAA TOTAL BANK DEPOSITS CCYUSD US DOLLAR 03/31/2026 8,625,913.87 8.625,913.87 8,625,913.87 0.00 1 1.00 0.00 482 Aaa 03/31/2026 0.00 8,625,913.87 8,625,913.87 AAA BANK DEPOSITS 8,625,913.87 8'625'913.87 8,625,913.87 0.00 1 1.00 0.00 4.82 AAA TOTAL 0.00 8,625,913.87 8,625,913.87 LEANDER-ESFD24 8,625,913.87 8,625,91387 8,625,91387 000 1 0.00 4,82 AAA TOTAL 0.00 8,625,91387 8,625,913.87 15 BRUSHY CREEK RUA I MARCH 31,2026 MEE D E R PUBLIC FUNDS Position Statement PRINCIPALCOST UNREALIZED MOODY'S TRADE DATE PURCHASED YIELDTO MATURITY DAYSTO MARKET PRICE GAIN/LOSS BOOK %OF S&P CUSIP DESCRIPTION SETTLE DATE PARVALUE INTEREST TOTALCOST MATURITY DATE MATURITY MARKETVALUE VALUE MV RATING BANK DEPOSITS 03/31/2026 36114179.00 1.00 0.00 Aaa CCYUSD US DOLLAR 03/31/2026 36114179.00 0.00 36114,179.00 0.00 1 36114,179.00 36,114179.00 2018 AAA BANK DEPOSITS TOTAL1}q.T7g pp 36,114,TMOO 0.00 79. 38,114,17900 0.00too 00 2018 AAA 1 38,114,100 38,114,179.00 LEANDER-ESFD25 38,114,17900 36,114179.00 36,114,179.00 0.00 1 0.00 2018 AAA TOTAL 0.00 36,114179.00 36,114,179.00 OPERATING FUNDS BANK DEPOSITS Wells Fargo Analyzed 03/31/2026 820403.92 1.00 0.00 NA 2550665125 Business Checking 03/31/2026 820,403.92 0.00 820,403.92 0.48 1 820,403.92 820,403.92 0.46 NA Plus PF BANK TATA 820,403-92._..DEPOSITS 820,40392 820,403.92 820,403.92 0.48 1 t00 0'00 GAG NA 820,40392 LGIP TEXSTAR-MO TexStar Master Op- 03/31/2026 3,667,758.18 3,667,758.18 3,667,758.18 3.66 1 1.00 0.00 2.05 erating 03/31/2026 0.00 3,667,75818 3,667,75818 NA LGIPTOTAL 3,667,758.18 3,667,758.18 t00 0.00 205 NA 0.00 3,687,75818 368 1 3,667,758.18 3,887,758.18 OPERATING FUNDS 4,488,16210 0.00 TOTAL 4,48816210 0.00 4,488,16210 308 1 251 NA 4,488,16210 4,488,18210 IROUN. •. BANK DEPOSITS CCYUSD US DOLLAR 03/31/2026 11,781,003.86 11,781,003.86 11,781,003.86 0.00 1 1.00 0.00 6.58 Aaa 03/31/2026 0.00 11,781,003.86 11,781,003.86 AAA BANK DEPOSITS 11,781,003.86 t00 0.00 11,781,003.86 11,781,00386 0.00 1 658 AAA TOTAL 0.00 11,781,003.86 11,781,003.86 ROUND ROCK- 11,781,003.86 0.00 ESFD24 TOTAL 11,781,003.86 0.00 11,781,003.86 0.00 1 11,781,003.88 11,781,00388 6'58 AAA GRANDTOTAL 179,098,086.07 178' � 178,79$358.85 251 10 � � 178W,472.80100.00 AA+ 16 BRUSHY CREEK RUA I MARCH 31,2026 M E E D E R PUBLIC FUNDS Cash Reconciliation Report CONSTRUCTION FUNDS 2021- CEDARPARK POSTDATE IDENTIFIER DESCRIPTION PARVALUE FINALMATURITY PRINCIPAL AMOUNT COUPON 02/17/2026 9128282A7 US TREASURY 1.50008/15/26 0.00 08/15/2026 0.00 38,400.00 COUPON TOTAL 0.00 0.00 38,400.00 BRUSHY CREEK RUA I MARCH 31,2026 M E E D E R PUBLIC FUNDS Transaction Statement No activity during current period BRUSHY CREEK RUA I MARCH 31,2026 MEE D E R PUBLIC FUNDS Amortization Schedule ORIGINAL PREMIUMOR BEGINNING CURRENT ENDING BOOK TOTAL UNAMORTIZED CUSIP DESCRIPTION PARVALUE PRINCIPALCOST DISCOUNT BOOKVALUE PERIODAMORT VALUE AMORTIZATION BALANCE 62479MHA4 MUFG BANK NY 08/10/26 6,000,000.00 5,827,840.00 (172160.00) 5,856,964.81 58,249.62 5,915,214.44 87,374.44 (84,785.56) 9128282A7 US TREASURY 1.50008/15/26 5,120,000.00 4,999,400.00 (120,600.00) 5,044,708.29 29,983.43 5,074,691.71 75,291.71 (45,308.29) 91262CGV7 US TREASURY 3.75004/15/26 6,500,000.00 6,487,050.78 (12,949.22) 6,496,290.03 3,210.55 6,499,500.58 12,449.80 (499.42) TOTAL 17,620,000.00 17,314,290.78 (305,70922) 17,397,963.13 91,443.60 17,489,406.73 175,115.95 (130,593.27) GRANDTOTAL 117A20PMOO 17,314,290.78 (305,70922) 17,397,983.13 91,443.80 17,489,408.73 175,115.95 (130,59327) 1-0 BRUSHY CREEK RUA I MARCH 31,2026 M E E D E R PUBLIC FUNDS Accrued Interest Schedule BEGINNING CURRENT ENDING PRINCIPAL ACCRUED PURCHASED PERIOD INTEREST ACCRUED IDENTIFIER DESCRIPTION SETTLE DATE PAR VALUE COST INTEREST INTEREST ACCRUAL RECEIVED INTEREST CONSTRUCTION TEXSTAR-MC TexStar Master Construction 2026-03-31 4,771,880.52 4,771,880.52 0.00 0.00 46,614.79 46,614.79 0.00 TOTAL 4,77140&52 4,771,880.52 0.00 0.00 48,814.79 48,814.79 0.00 CONSTRUCTION FUNDS 2021-CEDARPARK 62479MHA4 MUFG BANK NY08/10/26 20251147 6,000,000.00 5,827,840.00 0.00 0.00 0.00 0.00 0.00 TEXSTAR-CP TexStar Cedar Park 2026-03-31 4,805142.42 4,805142.42 0.00 0.00 49,792.00 49,792.00 0.00 9128282A7 US TREASURY 1.50008/15/26 2025-08-18 5,120,000.00 4,999,400.00 29,008.70 0.00 18,938.27 38,400.00 9,546.96 91282CGV7 US TREASURY 3.75004/15/26 2025-0417 6,500,000.00 6,487,050.78 52,23214 0.00 60,26786 0.00 112,500.00 1550578940CP Wells Fargo Analyzed Business Checking 2026-03-31 38,838.69 38,838.69 0.00 0.00 22.21 22.21 0.00 Plus PF-C TOTAL 22,4834981.11 22,158,271.89 81,240.84 0.00 129,020.33 88,214 21 122,046.96 CONSTRUCTION FUNDS 12023-CEDARPARK TEXSTAR-CP TexStar Cedar Park 2026-03-31 7,778,619.25 7,778,619.25 0.00 0.00 70,12749 7012749 0.00 TOTAL 7,778,619.25 7,778,619.25 0.00 0.00 70,127A9 70,127A9 0.00 CONSTRUCTION FUNDS 2023-ROUNDROCK TEXSTAR-RR TexStar Round Rock 2026-03-31 2,763,908.08 2,763,908.08 0.00 0.00 31,124.75 31,124.75 0.00 TOTAL 2,763,908.08 2,763,908.08 0.00 0.00 31,124.75 31,124.75 0.00 CONSTRUCTION FUNDS TEXSTAR-LD• TexStar Leander 2026-03-31 31,292,629.41 31,292,629.41 0.00 0.00 225,628.45 225,628.45 0.00 TOTAL 3%292,629A1 3%292,629A1 0.00 0.00 225,628.45 225,828.5 0.00 CONSTRUCTION FUNDS •24-ROUND ROCK TEXSTAR-RR TexStar Round Rock 2026-03-31 20,381,014.05 20,381,014.05 0.00 0.00 178,083.93 178,083.93 0.00 TOTAL 20,381,014.05 20,381,014.05 0.00 0.00 178,083.93 178,08..93 0.00 BRUSHY CREEK RUA I MARCH 31,2026 M E E D E R PUBLIC FUNDS Accrued Interest Schedule BEGINNING CURRENT ENDING PRINCIPAL ACCRUED PURCHASED PERIOD INTEREST ACCRUED IDENTIFIER DESCRIPTION SETTLEDATE PARVALUE COST INTEREST INTEREST ACCRUAL RECEIVED INTEREST CONSTRUCTION TEXSTAR-LD TexStar Leander 2026-03-31 12,844,345.46 12,844,345.46 0.00 0.00 128158.33 128,158.33 0.00 TOTAL 12A44,345A6 12,844,345.46 0.00 0.00 128,158.33 125,158.33 0.00 ESCROW FUNDS 2021- CEDA• - ARK X9USDDGCM DREYFUS GVT CM;INST 2026-03-31 15,792,429.36 15,792,429.36 49173.20 0.00 138,341.64 140,097.94 47,416.90 TOTAL 15,7921429.36 15,792,429.36 49,173.20 0.00 138,341.84 140,097.94 47,416.90 CCYUSD US DOLLAR 2026-03-31 8,625,913.87 8,625,913.87 0.00 0.00 0.00 0.00 0.00 TOTAL 8,625,913.87 8,625,913.87 0.00 0.00 0.00 0.00 0.00 LEANDER-ESF 25 CCYUSD , US DOLLAR 2026-03-31 36,114,179.00 36114179.00 0.00 0.00 0.00 0.00 0.00 TOTAL 38,114,179.00 36,114,179.00 0.00 0.00 0.00 0.00 0.00 OPERATING TEXSTAR-MO TexStar Master Operating 2026-03-31 3,667,75818 3,667,75818 0.00 0.00 41176.61 41176.61 0.00 2550665125 Wells Fargo Analyzed Business Checking 2026-03-31 820,403.92 820,403.92 0.00 0.00 956.34 956.34 0.00 Plus PF TOTAL 4,488,162.10 4,488,162.10 0.00 0.00 42,132.95 42,132.95 0.00 ROUND ROCK-ESFD24 CCYUSD US DOLLAR 2026-03-31 11,781,003.86 11,781,003.86 0.00 0.00 0.00 0.00 0.00 TOTAL 11,781,003.86 11,781,003.86 0.00 0.00 0.00 0.00 0.00 GRAND TOTAL 179,098,066.07 1/8,792,358.85 130,414.04 0.00 989,232.86 950,182.84 189,483.86 21 BRUSHY CREEK RUA I MARCH 31,2026 M E E D E R PUBLIC FUNDS Earnings by Fund NET AMORTIZATION/ ADJUSTED ENDING PAR BEGINNING ENDINGBOOK FINAL COUPON INTEREST ACCRETION NETREALIZED INTEREST CUSIP DESCRIPTION VALUE BOOKVALUE VALUE MATURITY RATE YIELD EARNED INCOME GAIN/LOSS EARNINGS CONSTRUCTION FUNDS TEXSTAR-MC TexStar Master Construction 4,771,880.52 4,773,251.94 4,771,880.52 03/31/2026 0.00 3.66 46,614.79 0.00 0.00 46,614.79 TOTAL 4,771480.52 4,773,251.94 4,771,880.52 0.00 3.66 46,614.79 0.00 Q00 48,814.79 CONSTRUCTION FUNDS • .• -. - Well argo alyzed 1550578940CP Checking ingPlunPF-C Business 38,838.69 416.48 38,838.69 03/31/2026 0.00 0.48 22.21 0.00 0.00 22.21 Checking Plus PF-C 62479MHA4 MUFG BANK NY08/10/26 6,000,000.00 5,856,964.81 5,915,214.44 08/10/2026 0.00 4.00 0.00 58,249.62 0.00 58,249.62 9128282A7 US TREASURY 1.50008/15/26 5120,000.00 5,044,708.29 5,074,691.71 08/15/2026 1.50 3.94 18,938.27 29,983.43 0.00 48,921.69 91282CGV7 US TREASURY 3.75004/15/26 6,500,000.00 6,496,290.03 6,499,500.58 04/15/2026 3.75 3.96 60,267.86 3,210.55 0.00 63,478.41 TEXSTAR-CP TexStar Cedar Park 4,805142.42 6,646,760.34 4,805142.42 03/31/2026 0.00 3.66 49,792.00 0.00 0.00 49,792.00 TOTAL 22,463,98111 24,045,139.95 22,333,387.84 1A4 390 129,020.33 91,443.60 QOO 220,483.93 CONSTRUCTION FUNDS 2023-CEDARPARK TEXSTAR-CP TexStar Cedar Park 7,778,619.25 7,708,491.76 7,778,619.25 03/31/2026 0.00 3.66 70127.49 0.00 0.00 7012749 TOTAL 7,778,619.25 7,708,491.76 7,778,819.25 OJ)O 366 70,127A9 0.00 0.00 70,127A9 CONSTRUCTION FUNDS 2023-ROUNDROCK TEXSTAR-RR TexStar Round Rock 2,763,908.08 4,551143.39 2,763,908.08 03/31/2026 0.00 3.66 31,124.75 0.00 0.00 31124.75 TOTAL 2,763,908.08 4,551,14339 2,763,908.08 0.00 3.86 31124.75 0.00 QOO 31124.75 CONSTRUCTION FUNDS TEXSTAR-LD TexStar Leander 31,292,629.41 22,017,925.34 31,292,629.41 03/31/2026 0.00 3.66 225,628.45 0.00 0.00 225,628.45 TOTAL 3%292,629A7 22,OV,925.34 31,29r4629A7 0.00 3.66 225,828.45 0.00 QOO 225,828.45 CONSTRUCTION FUNDS 2024-ROUNDROCK TEXSTAR-RR TexStar Round Rock 20,381,014.05 19,296,322.98 20,381,014.05 03/31/2026 0.00 3.66 178,083.93 0.00 0.00 178,083.93 TOTAL 20,381,014.05 19,296,322.98 20,381,014.05 0.00 3.66 178,083.93 QOO 0.00 178,083.93 BRUSHY CREEK RUA I MARCH 31,2026 M E E D E R PUBLIC FUNDS Earnings by Fund NET AMORTIZATION/ ADJUSTED ENDING PAR BEGINNING ENDING BOOK FINAL COUPON INTEREST ACCRETION NETREALIZED INTEREST CUSIP DESCRIPTION VALUE BOOKVALUE VALUE MATURITY RATE YIELD EARNED INCOME GAIN/LOSS EARNINGS CONSTRUCTION TEXSTAR-LD TexStar Leander 12,844,345.46 15,909,994.39 12,844,345.46 03/31/2026 0.00 3.66 128,158.33 0.00 0.00 128,158.33 TOTAL 12,844,345.48 15,909,994.39 12,844,345.46 0.00 3.88 128,158 33 0.00 0.00 128,158 33 ESCROWFUNDS20211- CEDARPARK X9USDDGCM DREYFUS GVT CM;INST 15,792,429.36 15,652,331.42 15,792,429.36 03/31/2026 3.53 3.53 138,341.64 0.00 0.00 138,341.64 TOTAL 15,7920429.36 15,65233142 15,792,429.36 3.53 3.53 138,341.64 QOO 0.00 138,341.64 CCYUSD USDOLLAR 8,625,913.87 17,674,989.49 8,625,913.87 03/31/2026 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL BA25,913.87 T/,674,989A9 8,625,913.87 0.00 0.00 0.00 0.00 0.00 0.00 LEANDER-ESF 25 CCYUSD • US DOLLAR 36114,179.00 36,114,179.00 36,114179.00 03/31/2026 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL 36,114,179.00 36,11079.00 36,114,179.00 0.00 0.00 0.00 0.00 0.00 0.00 OPERATINGFUNDS 2550665125 Wells Fargo Analyzed Business 820,403.92 805161.42 820,403.92 03/31/2026 0.00 0.48 956.34 0.00 0.00 956.34 Checking Plus PF TEXSTAR-MO TexStar Master Operating 3,667,758.18 3,349,019.04 3,667,758.18 03/31/2026 0.00 3.66 41176.61 0.00 0.00 41176.61 TOTAL 4,488,162.10 4,154,18OA8 4,488,16210 0.00 3.08 42,13295 0.00 0.00 42,132.95 ROUND . CCYUSD US DOLLAR 11,781,003.86 12,687,611.00 11,781,003.86 03/31/2026 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL 11,781,003.88 12,687,811.00 11,781,003.88 0.00 0.00 0.00 0.00 0.00 0.00 GRANDTOTAL 779,09IIIIAM07 184485,58112 T/8,967,472.80 OA9 251 989,232.86 91,443.60 0.00 1,080,676.26 23 BRUSHY CREEK RUA I MARCH 31,2026 MEE D E R PUBLIC FUNDS Projected Cashflows For the Period April 01,2026 to September 30,2026 TRANSACTION CUSIP DESCRIPTION POSTDATE TYPE AMOUNT CONSTRUCTION FUNDS 2021-CEDAR APR2026 91282CGV7 US TREASURY 3.75004/15/26 04/15/2026 Final Maturity 6,500,000.00 91282CGV7 US TREASURY 3.75004/15/26 04/15/2026 Coupon 121,875.00 APR 2026 TOTAL 61821,875.00 AUG 2026 62479MHA4 MUFG BANK NY 08/10/26 08/10/2026 Final Maturity 6,000,000.00 9128282A7 US TREASURY 1.50008/15/26 08/17/2026 Coupon 38,400.00 9128282A7 US TREASURY 1.50008/15/26 08/17/2026 Final Maturity 5,120,000.00 AUG 2026 TOTAL 11,158,400.00 CONSTRUCTION FUNDS 2021-CEDAR 17780,275A0 PARKTOTAL GRANDTOTAL 17,780275.00 24 BRUSHY CREEK RUA I MARCH 31,2026 M E E D E R PUBLIC FUNDS Change in Value BEGINNING BOOK CHANGE IN ENDING BOOK VALUE BOOK VALUE VALUE ISSUER TRADE DATE INTEREST ACCRUAL BEGINNING MARKET PURCHASES/ CHANGE IN ENDING MARKET IDENTIFIER PARVALUE YIELD MATURITYDATE INTEREST RECEIVED VALUE ADDITIONS REDEMPTIONS MARKETVALUE VALUE CONSTRUCTION FUNDS TexStarMasterConstruction 46,614.79 4,773,251.94 (137142) 4,771,880.52 TEXSTAR MC 4,771,880.52 3.66 03/31/2026 46,614.79 4,773,251.94 567,87612 569,247.54) (1,37142) 4,771,880.52 46,614.79 4,773,251.94 (1,371.42) 4,771,880.52 TOTAL 3 46,614.79 4,773,251.94 567,876.12 (569,247.54) (1,371.42) 4,771,880.52 CONSTRUCTION FUNDS2021-CEDAR PARK Wells Fargo Analyzed Business 22,21 416.48 38,422.21 38,838.69 1550578940CP CheckingPlusPF-C 0.48 03/31/2026 22.21 416.48 38,422.21 0.00 38422.21 38,838.69 38,838.69 TexStar Cedar Park 11/30/2025 49,792.00 6,646,760.34 (1,841,617.92) 4,805142.42 TEXSTAR CP 4,805,142.42 3.66 03/31/2026 49,792.00 6,646,760.34 0.00 (1,841,61792) (1,841,61792) 4,805142.42 US TREASURY 3.75004/15/26 04/16/2025 60,26786 6,496,290.03 3210.55 6,499,500.58 91282CGV7 6,500,000.00 3.9604/15/2026 0.00 6,502,792.99 0.00 0.00 (3,046.88) 6,499,74611 MUFG BANK NY 08/10/26 11/13/2025 0.00 5,856,964.81 58249.62 5,915,214.44 62479MHA4 6,000,000.00 4.00 08/10/2026 0.00 5,856,964.81 0.00 0.00 58249.62 5,915,214.44 9128282A7 US TREASURY 1.50008/15/26 394 08/15/2025 18,938.27 5,044,708.29 000 000 29.983.43 5,074,691.71 51 . . . 20,000.00 08/15/2026 38,400.00 5,054,800.03 21,600.00 5,076,400.03 129,020.33 24,045,139.95 (1,711,752.11) 22,333,387.84 TOTAL 390 88,214.21 24,061,734.64 38,422 21 (1841,617.92) (11726,392.96) 22,335,341.68 CONSTRUCTION FUNDS2023-CEDAR PARK TexStar Cedar Park 70,127.49 7,708,491.76 70,12749 7,778,619.25 TEXSTAR�P 7,778,619.25 3.6603/31/2026 7012749 7,708,491.76 70,12749 0.00 70,12749 7,778,619.25 70,127.49 7,708,491.76 70,127.49 7,778,619.25 TOTAL 3.68 70,127.49 7,708,491.76 70,127.49 0.00 70127.49 7,778,619.25 CONSTRUCTION TexStar Round Rock 31,124.75 4,551,143.39 (1,787,235.31) 2,763,908.08 TEXSTAR-RR 2,763,908.08 3.66 03/31/2026 31,124.75 4,551,143.39 0.00 (1,787,235.31) (1787235.31) 2,763,908.08 31,124.75 4,551,143.39 (1,787,235.31) 2,763,90&08 TOTAL 366 31,124.75 4,551,143.39 0.00 (1,787,235 31) (1,787,235.31) 2,763,90&08 BRUSHY CREEK RUA I MARCH 31,2026 MEE D E R PUBLIC FUNDS Change in Value BEGINNINGBOOK CHANGEIN ENDINGBOOK VALUE BOOK VALUE VALUE ISSUER TRADE DATE INTERESTACCRUAL BEGINNING MARKET PURCHASES/ CHANGEIN ENDINGMARKET IDENTIFIER PARVALUE YIELD MATURITYDATE INTEREST RECEIVED VALUE ADDITIONS REDEMPTIONS MARKETVALUE VALUE CONSTRUCTION LEANDER TexStar Leander 225,628.45 22,017,925.34 9,274,704.07 31,292,629.41 TEXSTAR LD 31,292,629.41 3.66 03/31/2026 225,628.45 22,017,925.34 9274,704.07 0.00 8274,704.07 31,292,629.41 TOTAL 3.66 225,628.45 22,017'925'34 9,274,704.07 37,292,629.41 225,628A5 22,017,925.34 9,274,704 07 0.00 9,274,704.07 31,292,629.41 CONSTRUCTION CK • TexStar Round Rock 178,083.93 19,296,322.98 1,084,691.07 20,381,014.05 TEXSTAR-RR 20,381,014.05 3.66 03/31/2026 178,083.93 19,296,322.98 1,084,691.07 0.00 1,084,691.07 20,381,014.05 TOTAL 3.66 178,083'93 19,298,32298 1,084,897.07 0.00 1,084,89L07 20,381,014.05 778,083.93 19,298,32298 1A84Aft(7 20,381,014.05 CONSTRUCTION FUN • , TexStar Leander 128,158.33 15,909,994.39 (3,065,648.93) 12,844,345.46 TEXSTAR-LD 1284434546 3.66 03/31/2026 128,158.33 15,909,994.39 0.00 (3,065,648.93) (3,065,648.93) 12,844,345.46 TOTAL 3A6 128,158.33 15,909494.39 0.00 (3,065,648.93) (3,065,84893) 12,844A45A6 728,158.33 15,909,994.39 (3,065,846.93) 12,844,345.46 ESCROW FUNDS 2021- ICEDARPARK DREYFUS GVT CM;INST 138,341.64 15,652,331.42 140,09794 15,792,429.36 X9USDDGCM 15,792,429.36 3.53 03/31/2026 140,097.94 15,652,331.42 140,097.94 0.00 140,097.94 15,792,429.36 TOTAL 3.53 138,341.64 15A52,331A2 140,097.94 0.00 140,09794 15,792,429.38 140,097.94 15A52,331A2 140,097.94 15,792,429.36 US DOLLAR 0.00 17,674,989.49 (9,049,075.62) 8,625,913.87 CCYUSD 8,625,913.87 0.00 03/31/2026 0.00 17,674,989.49 0.00 0.00 (9,049,075.62) 8,625,913.87 TOTAL 0.00 0.00 17,674,989A9 0.00 0.00 (9'049'075.62) 8,825+913.87 0.00 17,6746989A9 (9,049,075.62) 8,625,913.87 BRUSHY CREEK RUA I MARCH 31,2026 M E E D E R PUBLIC FUNDS Change in Value BEGINNING BOOK CHANGE IN ENDING BOOK VALUE BOOK VALUE VALUE ISSUER TRADE DATE INTEREST ACCRUAL BEGINNING MARKET PURCHASES/ CHANGE IN ENDING MARKET IDENTIFIER PARVALUE YIELD MATURITYDATE INTEREST RECEIVED VALUE ADDITIONS REDEMPTIONS MARKETVALUE VALUE LEAN 25 • • USDOLLAR 0.00 36114,179.00 0.00 36,114,179.00 CCYUSD 36,114,179.00 0.00 03/31/2026 0.00 36114,179.00 0.00 0.00 000 36114179.00 TOTAL 0.00 0.00 0.00 0.00 36114,179.00 0.00 36,114,179.00 0.00 36,114,779.00 0.00 36,114,179.00 OPERATINGFUNDS TexStar Master Operating 41176.61 3,349,019.04 318,73914 3,667,758.18 TEXSTAR MO 3,667,758.18 3.66 03/31/2026 41176.61 3,349,019.04 1142,00726 (823,26812) 318,73914 3,667,758.18 Wells Fargo Analyzed Business 956.34 805,161.421 5,242.50 820,403.92 2550665125 Checking Plus PF 0.48 p3/31/2026 956.34 805,161.42 16,501.96 (1,259.46) 15,242.50 820,403.92 820,403.92 42,132.95 4154,180.46 333,981.64 4,488,162.10 TOTAL 3.08 42,13295 4,154,180.46 1158,509 22 (824,52758) 333,981.64 4,488,162.10 ROUND RO US DOLLAR 0.00 12,687,611.00 (906,60714) 11,781,003.86 CCYUSD 11,781,003.86 0.00 03/31/2026 0.00 12,687,611.00 0.00 0.00 (906,60714) 11,781,003.86 0.00 12,687,611.00 (906,607.14) 11,781,003.86 TOTAL 0.00 0.00 12,687,611.00 0.00 0.00 (906,607.14) 11,781,003.86 ORANDTOTAL 2-51 989,23266 184,585,561.12 12,334,428.12 (8,088,277.28) (5,618,088.32) 178,967,472.80 950,18284 184,602,155.81 (5,632,729.17) 178,969,426.64 Disclosure Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio.The information should not be used for audit or confirmation purposes.Please review your custodial statements and report any inaccuracies or discrepancies. Certain information and data has been supplied by unaffiliated third parties.Although Meeder believes the information is reliable,it cannot warrant the accuracy of information offered by third parties.Market value may reflect prices received from pricing vendors when current market quotations are not available.Prices may not reflect firm bids or offers and may differ from the value at which the security can be sold. Statements may include positions from unmanaged accounts provided for reporting purposes.Unmanaged accounts are managed directly by the client and are not included in the accounts managed by Meeder.This information is provided as a client convenience and Meeder assumes no responsibility for performance of these accounts or the accuracy of the data reported. 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