|
Principal
Amount
|
|
|
Value
|
|
|
1
|
SHORT-TERM MUNICIPALS—98.3%
|
|
|
|
|
Alabama—1.2%
|
|
|
$ 4,600,000
|
|
UAB St. Vincent’s Health System Authority, BAML 3a-7 (Series 2025-BAML5063), (Bank of America N.A. LIQ)/(Bank of
America N.A. LOC), 2.170%, Optional Tender 8/14/2025
|
$ 4,600,000
|
|
|
|
Arizona—1.2%
|
|
|
1,100,000
|
|
Phoenix, AZ Civic Improvement Corp. - Airport System, (Series 2023), 5.000%, 7/1/2025
|
1,101,129
|
|
3,500,000
|
|
Phoenix, AZ IDA (Republic Services, Inc.), (Series 2013), 4.100%, Mandatory Tender
8/1/2025
|
3,501,161
|
|
|
|
TOTAL
|
4,602,290
|
|
|
|
Arkansas—0.6%
|
|
|
2,150,000
|
|
Blytheville, AR (Nucor Corp.), (Series 2002) Weekly VRDNs, 2.650%, 6/4/2025
|
2,150,000
|
|
|
|
California—12.9%
|
|
|
621,916
|
|
California HFA, Mizuho 3a-7 (Series 2022-MIZ9097) VRENs, (Mizuho Bank Ltd. GTD)/(Mizuho
Bank Ltd. LIQ),
2.250%, 6/5/2025
|
621,916
|
|
2,000,000
|
|
California Municipal Finance Authority (Republic Services, Inc.), (Series 2021A),
3.750%, Mandatory Tender 10/1/2025
|
1,998,706
|
|
2,500,000
|
|
California Municipal Finance Authority (Republic Services, Inc.), (Series 2021-B),
4.150%, Mandatory Tender 7/15/2025
|
2,500,613
|
|
8,150,000
|
|
California Municipal Finance Authority (Waste Management, Inc.), Solid Waste Disposal
Revenue Bonds (Series 2017A),
(Waste Management Holdings, Inc. GTD), 4.100%, Mandatory Tender 12/1/2025
|
8,150,196
|
|
1,500,000
|
|
California PCFA (Republic Services, Inc.), (Series 2023), 3.700%, Mandatory Tender
8/15/2025
|
1,498,578
|
|
3,200,000
|
|
California Statewide Communities Development Authority (Fountain Park), Mizuho 3a-7
(Series 2023-MIZ9122) Daily VRDNs,
(Federal Home Loan Mortgage Corp. GTD)/(Mizuho Bank Ltd. GTD)/(Mizuho Bank Ltd. LIQ),
3.550%, 6/2/2025
|
3,200,000
|
|
6,000,000
|
|
California Statewide Communities Development Authority (Kensington Apartments LP),
Mizuho 3a-7 (Series 2022-MIZ9113)
VRENs, (Mizuho Bank Ltd. GTD)/(Mizuho Bank Ltd. LIQ), 2.250%, 6/5/2025
|
6,000,000
|
|
14,700,000
|
|
Nuveen California AMT-Free Quality Municipal Income Fund, (Series A) MuniFund Preferred
Shares Weekly VRDPs,
2.420%, 6/2/2025
|
14,700,000
|
|
1,445,000
|
|
Nuveen California Quality Municipal Income Fund, RIB Floater Trust (Series 2022-FR-RI-005)
(Series 2 Preferred Shares)
VRENs, (Barclays Bank PLC LIQ)/(Barclays Bank PLC LOC), 2.320%, 6/5/2025
|
1,445,000
|
|
9,000,000
|
|
San Francisco, CA City and County (1500 Mission Urban Housing LP), Mizuho 3a-7 (Series
2022-MIZ9115) VRENs, (Mizuho
Bank Ltd. GTD)/(Mizuho Bank Ltd. LIQ), 2.250%, 6/5/2025
|
9,000,000
|
|
|
|
TOTAL
|
49,115,009
|
|
|
|
Colorado—0.3%
|
|
|
1,200,000
|
|
Denver, CO City & County Department of Aviation, (Series 2022D), 5.000%, 11/15/2025
|
1,208,741
|
|
|
|
Florida—1.2%
|
|
|
4,370,000
|
|
Miami-Dade County, FL IDA (Waste Management, Inc.), (Series 2018A), (Waste Management
Holdings, Inc. GTD), 4.500%,
Mandatory Tender 7/1/2025
|
4,371,190
|
|
235,000
|
|
St. Lucie County, FL PCRB (Florida Power & Light Co.), (Series 2000) Weekly VRDNs,
2.380%, 6/4/2025
|
235,000
|
|
|
|
TOTAL
|
4,606,190
|
|
|
|
Georgia—10.3%
|
|
|
4,200,000
|
|
Appling County, GA Development Authority (Georgia Power Co.), (1st Series 1997) Daily
VRDNs, 3.200%, 6/2/2025
|
4,200,000
|
|
10,000,000
|
|
Appling County, GA Development Authority (Georgia Power Co.), (First Series 2011)
Daily VRDNs, 3.200%, 6/2/2025
|
10,000,000
|
|
13,245,000
|
|
Appling County, GA Development Authority (Oglethorpe Power Corp.), (Series 2013A)
Weekly VRDNs, 2.000%, 6/4/2025
|
13,245,000
|
|
200,000
|
|
Bartow County, GA Development Authority (Georgia Power Co.), (First Series 2022) Daily
VRDNs, 3.150%, 6/2/2025
|
200,000
|
|
3,100,000
|
|
Burke County, GA Development Authority (Georgia Power Co.), (Third Series 2012) Daily
VRDNs, 3.150%, 6/2/2025
|
3,100,000
|
|
4,980,000
|
|
Floyd County, GA Development Authority PCRB (Georgia Power Co.), (First Series 1996)
Daily VRDNs, 3.200%, 6/2/2025
|
4,980,000
|
|
3,400,000
|
|
Heard County, GA Development Authority (Georgia Power Co.), (First Series 1996) Daily
VRDNs, 3.210%, 6/2/2025
|
3,400,000
|
|
|
|
TOTAL
|
39,125,000
|
|
|
|
Illinois—3.0%
|
|
|
2,185,000
|
|
Chicago, IL Midway Airport, Senior Lien Revenue Refunding Bonds (Series 2023C), 5.000%,
1/1/2026
|
2,206,351
|
|
6,035,000
|
|
Chicago, IL O’Hare International Airport, (Series 2023-XF1457) Daily VRDNs, (JPMorgan Chase Bank, N.A. LIQ),
3.450%, 6/2/2025
|
6,035,000
|
|
2,085,000
|
|
Illinois Finance Authority (Saint Xavier University), (Series 2006) Weekly VRDNs,
(Huntington National Bank LOC),
2.040%, 6/5/2025
|
2,085,000
|
|
Principal
Amount
|
|
|
Value
|
|
|
1
|
SHORT-TERM MUNICIPALS—continued
|
|
|
|
|
Illinois—continued
|
|
|
$ 1,000,000
|
|
Illinois State Solid Waste Development Authority (Waste Management, Inc.), (Series
2019), 4.250%, Mandatory
Tender 11/3/2025
|
$ 999,603
|
|
|
|
TOTAL
|
11,325,954
|
|
|
|
Indiana—0.5%
|
|
|
2,000,000
|
|
Indiana State Finance Authority (Republic Services, Inc.), (Series 2010A), 3.850%,
Mandatory Tender 6/2/2025
|
2,000,000
|
|
|
|
Kentucky—4.0%
|
|
|
8,000,000
|
|
Kentucky Economic Development Finance Authority (CommonSpirit Health), (Series 2004
C) Weekly VRDNs,
1.970%, 6/4/2025
|
8,000,000
|
|
5,000,000
|
|
Knott County, KY (Kentucky Lithium LLC), MS 3a-7 (Series 2025-MS0035), (Morgan Stanley
Bank, N.A. LIQ)/(Morgan Stanley
Bank, N.A. LOC), 2.270%, Optional Tender 6/5/2025
|
5,000,000
|
|
2,100,000
|
|
Louisville & Jefferson County, KY Metropolitan Government (Louisville Gas & Electric
Co.), (2007 Series A) Weekly VRDNs,
2.100%, 6/6/2025
|
2,100,000
|
|
250,000
|
|
Meade County, KY Industrial Building Revenue Authority (Nucor Corp.), (Series 2020B-1)
Daily VRDNs, 3.550%, 6/2/2025
|
250,000
|
|
|
|
TOTAL
|
15,350,000
|
|
|
|
Louisiana—0.4%
|
|
|
1,250,000
|
|
St. James Parish, LA (Nucor Steel Louisiana LLC), (Series 2010A-1) Weekly VRDNs, (Nucor
Corp. GTD), 2.180%, 6/4/2025
|
1,250,000
|
|
270,000
|
|
St. James Parish, LA (Nucor Steel Louisiana LLC), (Series 2010B-1) Weekly VRDNs, (Nucor
Corp. GTD), 2.300%, 6/4/2025
|
270,000
|
|
|
|
TOTAL
|
1,520,000
|
|
|
|
Missouri—0.1%
|
|
|
505,000
|
|
Kansas City, MO IDA (Paige Point Townhomes), Mizuho 3a-7 (Series 2023-MIZ9154) VRENs,
(Mizuho Bank Ltd. GTD)/(Mizuho
Bank Ltd. LIQ), 2.250%, 6/5/2025
|
505,000
|
|
|
|
Multi-State—13.3%
|
|
|
6,005,000
|
|
DWS Municipal Income Trust, PUTTERs 3a-7 (Series 5055) Weekly VRDNs, (JPMorgan Chase
Bank, N.A. LIQ),
2.280%, 6/5/2025
|
6,005,000
|
|
4,518,000
|
|
Federal Home Loan Mortgage Corp. (Multifamily Housing Revenue Bond Pass-Through Certificates),
Floater Certificates
(Series M017-A) Weekly VRDNs, (Federal Home Loan Mortgage Corp. GTD)/(Federal Home
Loan Mortgage Corp. LIQ),
2.620%, 6/5/2025
|
4,518,000
|
|
15,500,000
|
|
Invesco Municipal Opportunity Trust, PUTTERs 3a-7 (VMTP 5029) Daily VRDNs, (JPMorgan
Chase Bank, N.A. LIQ),
3.450%, 6/2/2025
|
15,500,000
|
|
5,400,000
|
|
Invesco Value Municipal Income Trust, PUTTERs 3a-7 (VMTP 5027) Daily VRDNs, (JPMorgan
Chase Bank, N.A. LIQ),
3.450%, 6/2/2025
|
5,400,000
|
|
12,400,000
|
|
Nuveen AMT-Free Quality Municipal Income Fund, (Series D) MuniFund Preferred Shares
Weekly VRDPs, 2.420%, 6/2/2025
|
12,400,000
|
|
7,000,000
|
|
PIMCO Flexible Municipal Income Fund, PUTTERs 3a-7 (Series 5046) MuniFund Term Preferred
Shares Daily VRDNs,
(JPMorgan Chase Bank, N.A. LIQ), 3.450%, 6/2/2025
|
7,000,000
|
|
|
|
TOTAL
|
50,823,000
|
|
|
|
Nevada—0.8%
|
|
|
3,000,000
|
|
Director of the State of Nevada Department of Business and Industry (Republic Services,
Inc.), Solid Waste Disposal Revenue
Bonds (Series 2001), 4.125%, Mandatory Tender 6/2/2025
|
2,999,799
|
|
|
|
New Hampshire—0.6%
|
|
|
2,340,000
|
|
National Finance Authority, NH (University Hospitals Home Care, Inc.), Morgan Stanley
3a-7 (Series 2024-MS0023), (Morgan
Stanley Bank, N.A. LIQ)/(Morgan Stanley Bank, N.A. LOC), 2.270%, Optional Tender 6/5/2025
|
2,340,000
|
|
|
|
New Jersey—15.0%
|
|
|
5,000,000
|
|
Beach Haven, NJ BANs, 5.000%, 4/30/2026
|
5,071,937
|
|
2,000,000
|
|
Belleville Township, NJ BANs, 5.000%, 7/8/2025
|
2,002,319
|
|
1,912,702
|
|
Boonton Township, NJ BANs, 4.250%, 8/29/2025
|
1,913,003
|
|
1,385,000
|
|
Chatham Township, NJ BANs, 4.250%, 9/26/2025
|
1,385,429
|
|
1,068,250
|
|
Chester Borough, NJ BANs, 4.500%, 10/10/2025
|
1,069,291
|
|
1,551,500
|
|
Dunellen, NJ BANs, 3.500%, 4/7/2026
|
1,550,327
|
|
1,187,000
|
|
Garwood, NJ BANs, 4.000%, 8/1/2025
|
1,187,577
|
|
1,842,000
|
|
Gloucester City, NJ, (Series A) BANs, 3.750%, 5/13/2026
|
1,849,907
|
|
1,532,600
|
|
Hightstown Borough, NJ BANs, 4.000%, 3/23/2026
|
1,531,836
|
|
1,039,000
|
|
Hillsdale Borough, NJ BANs, 4.000%, 8/22/2025
|
1,039,063
|
|
1,000,000
|
|
Lawrence Township, NJ BANs, 4.500%, 6/5/2025
|
1,000,055
|
|
2,515,269
|
|
Leonia, NJ BANs, 3.700%, 2/27/2026
|
2,511,171
|
|
Principal
Amount
|
|
|
Value
|
|
|
1
|
SHORT-TERM MUNICIPALS—continued
|
|
|
|
|
New Jersey—continued
|
|
|
$ 2,000,000
|
|
Lindenwold, NJ, (Series A) BANs, 4.000%, 2/20/2026
|
$ 2,007,082
|
|
1,300,000
|
|
Lumberton Township, NJ, (Series A) BANs, 4.000%, 6/18/2025
|
1,300,191
|
|
2,000,000
|
|
Millburn Township, NJ BANs, 3.750%, 1/23/2026
|
2,002,533
|
|
1,355,000
|
|
Mountainside, NJ BANs, 4.250%, 7/18/2025
|
1,355,727
|
|
1,488,039
|
|
Netcong, NJ BANs, 4.750%, 7/2/2025
|
1,488,711
|
|
1,385,541
|
|
Ogdensburg, NJ BANs, 4.500%, 7/25/2025
|
1,386,346
|
|
1,042,117
|
|
Oxford Township, NJ BANs, 4.375%, 4/22/2026
|
1,048,045
|
|
1,390,000
|
|
Paramus Borough, NJ BANs, 4.250%, 6/13/2025
|
1,390,235
|
|
3,893,223
|
|
Plumsted Township, NJ BANs, 4.000%, 8/27/2025
|
3,896,266
|
|
2,000,000
|
|
Prospect Park, NJ, (Series A) BANs, 3.600%, 1/23/2026
|
2,000,801
|
|
1,500,000
|
|
Ridgefield Park, NJ BANs, 3.800%, 4/2/2026
|
1,498,637
|
|
2,686,987
|
|
Riverdale Borough, NJ BANs, 4.000%, 3/4/2026
|
2,684,257
|
|
1,778,567
|
|
Stillwater Township, NJ BANs, 4.250%, 9/12/2025
|
1,778,515
|
|
3,163,600
|
|
Sussex, NJ BANs, 4.250%, 7/18/2025
|
3,165,379
|
|
2,096,795
|
|
Washington Borough, NJ BANs, 4.000%, 10/10/2025
|
2,095,961
|
|
3,295,852
|
|
West Wildwood, NJ BANs, 4.000%, 2/23/2026
|
3,297,432
|
|
1,853,000
|
|
Westfield, NJ BANs, 3.750%, 11/7/2025
|
1,853,890
|
|
1,000,000
|
|
Westwood, NJ BANs, 4.500%, 6/25/2025
|
1,000,277
|
|
|
|
TOTAL
|
57,362,200
|
|
|
|
New York—15.7%
|
|
|
1,500,000
|
|
Binghamton, NY BANs, 4.125%, 4/10/2026
|
1,512,458
|
|
2,391,306
|
|
Bolivar-Richburg, NY CSD BANs, 4.250%, 6/26/2025
|
2,392,210
|
|
3,314,031
|
|
Broome County, NY BANs, 3.750%, 4/24/2026
|
3,327,066
|
|
2,430,000
|
|
Hempstead (town), NY IDA (Atria Tanglewood), SPEARs 3a-7 (Series DBE-8137) Weekly
VRDNs, (Deutsche Bank AG
LIQ)/(Deutsche Bank AG LOC), 2.620%, 6/5/2025
|
2,430,000
|
|
2,005,000
|
|
Islip, NY IDA (FCD Bayshore LLC), SPEARs 3a-7 (Series DBE-8136) Weekly VRDNs, (Deutsche
Bank AG LIQ)/(Deutsche Bank
AG LOC), 2.620%, 6/5/2025
|
2,005,000
|
|
2,500,000
|
|
Long Beach, NY BANs, 4.500%, 5/6/2026
|
2,522,484
|
|
15,470,000
|
|
New York City Housing Development Corp., (Series L-2) Weekly VRDNs, (TD Bank, N.A.
LIQ), 1.950%, 6/5/2025
|
15,470,000
|
|
4,990,000
|
|
New York State HFA (42nd and 10th Street Associates LLC), 3a-7 High Grade Trust (Series
2022-007) VRENs, (Barclays Bank
PLC LIQ)/(Barclays Bank PLC LOC), 2.420%, 6/5/2025
|
4,990,000
|
|
11,900,000
|
|
Nuveen New York AMT-Free Quality Municipal Income Fund, 800 (Series A) MuniFund Preferred
Shares Weekly VRDPs,
2.420%, 6/2/2025
|
11,900,000
|
|
1,600,000
|
|
Starpoint, NY CSD BANs, 4.500%, 6/27/2025
|
1,600,967
|
|
8,825,000
|
|
Westchester County, NY IDA (Ardsley Housing Associates LLC), SPEARs 3a-7 (Series DBE-8138)
Weekly VRDNs, (Deutsche
Bank AG LIQ)/(Deutsche Bank AG LOC), 2.620%, 6/5/2025
|
8,825,000
|
|
3,000,000
|
|
Yonkers, NY, (Series A) BANs, 4.000%, 12/5/2025
|
3,000,286
|
|
|
|
TOTAL
|
59,975,471
|
|
|
|
North Carolina—1.6%
|
|
|
2,000,000
|
|
Cumberland County, NC Industrial Facilities & PCFA (Project Aero), (Series 2024),
(United States Treasury COL), 3.750%,
Mandatory Tender 11/1/2025
|
2,000,647
|
|
2,200,000
|
|
Hertford County, NC Industrial Facilities & PCFA (Nucor Corp.), (Series 2000A) Weekly
VRDNs, 2.650%, 6/4/2025
|
2,200,000
|
|
1,700,000
|
|
Hertford County, NC Industrial Facilities & PCFA (Nucor Corp.), (Series 2000B) Weekly
VRDNs, 2.650%, 6/4/2025
|
1,700,000
|
|
|
|
TOTAL
|
5,900,647
|
|
|
|
Ohio—1.6%
|
|
|
1,000,000
|
|
Logan County, OH BANs, (Ohio State GTD), 4.500%, 8/6/2025
|
1,001,461
|
|
1,200,000
|
|
Martins Ferry City, OH BANs, (Ohio State GTD), 4.250%, 12/16/2025
|
1,203,707
|
|
2,000,000
|
|
New Albany, OH Plain Local School District BANs, 4.125%, 6/5/2025
|
2,000,152
|
|
2,000,000
|
|
Shaker Heights, OH BANs, 4.375%, 5/6/2026
|
2,019,204
|
|
|
|
TOTAL
|
6,224,524
|
|
|
|
Oklahoma—0.3%
|
|
|
1,300,000
|
|
Muskogee, OK Industrial Trust (Oklahoma Gas and Electric Co.), (Series 1997A) Weekly
VRDNs, 2.200%, 6/4/2025
|
1,300,000
|
|
Principal
Amount
|
|
|
Value
|
|
|
1
|
SHORT-TERM MUNICIPALS—continued
|
|
|
|
|
Pennsylvania—1.4%
|
|
|
$ 2,500,000
|
|
Pennsylvania Economic Development Financing Authority (Republic Services, Inc.), (Series
2019A), 4.250%, Mandatory
Tender 7/15/2025
|
$ 2,501,286
|
|
3,000,000
|
|
Pennsylvania Economic Development Financing Authority (Waste Management, Inc.), Solid
Waste Disposal Revenue Bonds
(Series 2019A), 4.250%, Mandatory Tender 8/1/2025
|
3,000,479
|
|
|
|
TOTAL
|
5,501,765
|
|
|
|
Rhode Island—1.1%
|
|
|
4,000,000
|
|
Pawtucket, RI, (2024 Series 2) BANs, 4.500%, 10/24/2025
|
4,006,633
|
|
|
|
South Carolina—0.5%
|
|
|
1,700,000
|
|
South Carolina Jobs-EDA (BTH Spartanburg I LLC), (Series 2022-XF3074) Weekly VRDNs,
(Mizuho Bank Ltd. GTD)/(Mizuho
Bank Ltd. LIQ), 2.250%, 6/5/2025
|
1,700,000
|
|
|
|
Tennessee—3.1%
|
|
|
8,465,000
|
|
Chattanooga, TN Health, Educational & Housing Facility Board (CommonSpirit Health),
(Series 2004 C) Weekly VRDNs,
2.030%, 6/4/2025
|
8,465,000
|
|
1,500,000
|
|
Metropolitan Nashville Tennessee Airport Authority, Subordinate Airport Revenue Bonds
(Series 2019B), 5.000%, 7/1/2025
|
1,501,416
|
|
1,825,000
|
|
Tennessee Housing Development Agency, (Series 2024-3C), 3.500%, Mandatory Tender 10/1/2025
|
1,825,143
|
|
|
|
TOTAL
|
11,791,559
|
|
|
|
Texas—7.1%
|
|
|
5,894,000
|
|
Bexar County, TX Housing Finance Corp. (Agape Waterford Portfolio, Inc.), (Series
2024-XF3256) Weekly VRDNs, (Mizuho
Bank Ltd. GTD)/(Mizuho Bank Ltd. LIQ), 2.250%, 6/5/2025
|
5,894,000
|
|
3,000,000
|
|
Capital Area, TX Housing Finance Corp. (1800 Apartments Ltd.), SPEARs 3a-7 (Series
DBE-8159A) Daily VRDNs, (Deutsche
Bank AG LIQ)/(Deutsche Bank AG LOC), 3.300%, 6/2/2025
|
3,000,000
|
|
1,220,000
|
|
Las Varas, TX Public Facility Corp. (Roers San Antonio Apartments Owner I LP), Mizuho
3a-7 (Series 2024-MIZ9158) VRENs,
(Mizuho Bank Ltd. GTD)/(Mizuho Bank Ltd. LIQ), 2.250%, 6/5/2025
|
1,220,000
|
|
4,900,000
|
|
Port of Port Arthur Navigation District of Jefferson County, TX (Motiva Enterprises
LLC), (Series 2010D) Weekly VRDNs,
2.350%, 6/4/2025
|
4,900,000
|
|
12,150,000
|
|
Port of Port Arthur Navigation District of Jefferson County, TX (Motiva Enterprises
LLC), (Series 2010E) Weekly VRDNs,
2.400%, 6/4/2025
|
12,150,000
|
|
|
|
TOTAL
|
27,164,000
|
|
|
|
Virginia—0.5%
|
|
|
2,000,000
|
|
Virginia Small Business Financing Authority (Pure Salmon Virginia LLC), (Series 2022),
(United States Treasury COL), 4.000%,
Mandatory Tender 11/20/2025
|
2,000,462
|
|
|
|
TOTAL SHORT-TERM MUNICIPALS
(IDENTIFIED COST $ 375,197,841) |
375,198,244
|
|
|
|
MUNICIPAL BONDS—3.5%
|
|
|
|
|
Colorado—0.2%
|
|
|
805,000
|
|
Denver, CO City & County Department of Aviation (Denver, CO City & County Airport
Authority), Airport System
Subordinate Revenue Bonds (Series 2018A), 5.000%, 12/1/2026
|
821,833
|
|
|
|
Illinois—1.1%
|
|
|
4,000,000
|
|
Chicago, IL O’Hare International Airport, General Airport Senior Lien Revenue Refunding Bonds (Series 2024D),
5.000%, 1/1/2027
|
4,099,619
|
|
|
|
New Jersey—0.8%
|
|
|
3,000,000
|
|
New Jersey Higher Education Assistance Authority, Senior Student Loan Revenue Bonds
(Series 2025-2), (United States
Treasury GTD), 5.000%, Mandatory Tender 6/2/2026
|
3,037,249
|
|
|
|
New York—0.5%
|
|
|
1,000,000
|
|
Port Authority of New York and New Jersey, Consolidated Bonds (Series 2018-207), 5.000%,
9/15/2026
|
1,020,047
|
|
1,000,000
|
|
Port Authority of New York and New Jersey, Consolidated Bonds (Series 2021-226), 5.000%,
10/15/2026
|
1,021,417
|
|
|
|
TOTAL
|
2,041,464
|
|
|
|
Oklahoma—0.9%
|
|
|
2,000,000
|
|
Oklahoma HFA (Lakeshore Pointe, LLC), Collateralized Revenue Bonds (Series 2024),
(United States Treasury GTD), 3.350%,
Mandatory Tender 12/1/2026
|
2,002,212
|
|
Principal
Amount
|
|
|
Value
|
|
|
|
MUNICIPAL BONDS—continued
|
|
|
|
|
Oklahoma—continued
|
|
|
$ 1,525,000
|
|
Oklahoma HFA (Villages at A New Leaf II, LP), Collateralized Revenue Bonds (Series
2025), (United States Treasury GTD),
3.400%, Mandatory Tender 7/1/2027
|
$ 1,525,994
|
|
|
|
TOTAL
|
3,528,206
|
|
|
|
TOTAL MUNICIPAL BONDS
(IDENTIFIED COST $ 13,502,623)
|
13,528,371
|
|
|
|
TOTAL INVESTMENT IN SECURITIES—101.8%
(IDENTIFIED COST $388,700,464)
|
388,726,615
|
|
|
|
OTHER ASSETS AND LIABILITIES - NET—(1.8)%2
|
(6,897,300)
|
|
|
|
NET ASSETS—100%
|
$381,829,315
|
|
1
|
Current rate and current maturity or next reset date shown for floating rate notes
and variable rate notes/demand instruments. Certain variable rate securities are
not based on a published reference rate and spread but are determined by the issuer
or agent and are based on current market conditions. These securities do
not indicate a reference rate and spread in their description above.
|
|
2
|
Assets, other than investments in securities, less liabilities.
|
|
The following acronym(s) are used throughout this portfolio:
|
|
|
|
AMT
|
—Alternative Minimum Tax
|
|
|
BANs
|
—Bond Anticipation Notes
|
|
|
COL
|
—Collateralized
|
|
|
CSD
|
—Central School District
|
|
|
EDA
|
—Economic Development Authority
|
|
|
GTD
|
—Guaranteed
|
|
|
HFA
|
—Housing Finance Authority
|
|
|
IDA
|
—Industrial Development Authority
|
|
|
LIQ
|
—Liquidity Agreement
|
|
|
LOC
|
—Letter of Credit
|
|
|
PCFA
|
—Pollution Control Financing Authority
|
|
|
PCRB
|
—Pollution Control Revenue Bond
|
|
|
PUTTERs
|
—Puttable Tax-Exempt Receipts
|
|
|
SPEARs
|
—Short Puttable Exempt Adjustable Receipts
|
|
|
VMTP
|
—Variable Municipal Term Preferred
|
|
|
VRDNs
|
—Variable Rate Demand Notes
|
|
|
VRDPs
|
—Variable Rate Demand Preferreds
|
|
|
VRENs
|
—Variable Rate Extendible Notes
|
|