Disclosures

About PFM Asset Management

PFM Asset Management LLC ("PFMAM") is an investment adviser registered with the U.S. Securities and Exchange Commission and a subsidiary of U.S. Bancorp Asset Management, Inc. ("USBAM"). USBAM is a subsidiary of U.S. Bank National Association ("U.S. Bank"). U.S. Bank is a separate entity and subsidiary of U.S. Bancorp. U.S. Bank is not responsible for and does not guarantee the products, services or performance of PFMAM.

Institutional purchasing card services (Payment Solutions or P-Card) are provided through PFM Financial Services LLC.

 NOT FDIC INSURED : NO BANK GUARANTEE : MAY LOSE VALUE