|
THE “UNAUDITED MUTUAL FUNDS HOLDINGS” LIST (“the
List”) IS TO BE USED FOR REPORTING PURPOSES ONLY. IT IS
NOT TO BE REPRODUCED FOR USE AS ADVERTISING OR
SALES LITERATURE WITH THE GENERAL PUBLIC. The list is
submitted for the general information of the shareholders of the Fund.
It is not authorized for distribution to prospective investors in the Fund
unless preceded or accompanied by a prospectus. The list has been
created from the books and records of the Fund. Holdings are
available 60 days after the fund’s fiscal quarter, using a trade date
accounting convention, by contacting the appropriate service center.
The list is subject to change without notice. The list is for
informational purposes only and is not intended as an offer or
solicitation with respect to the purchase or sale of any security.
|
|
JPMorgan Asset Management is the marketing name for the asset
management business of J.P. Morgan Chase & Co.
|
|
J.P. Morgan Distribution Services, Inc., member FINRA.
|
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© J.P. Morgan Chase & Co., 2025.
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|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
|
Municipal Bonds — 92.5% (a)
|
||
|
Alabama — 2.2%
|
||
|
Alabama Community College System, Gadsen State Community College Series 2018, Rev.,
5.00%, 6/1/2025
|
95
|
95
|
|
Alabama Federal Aid Highway Finance Authority
|
|
|
|
Series 2016A, Rev., 5.00%, 9/1/2026 (b)
|
1,695
|
1,736
|
|
Series A, Rev., 5.00%, 9/1/2027 (b)
|
2,620
|
2,734
|
|
Alabama Special Care Facilities Financing Authority-Birmingham, Childrens Hospital
Health Care Facility, Rev., 5.00%,
6/1/2025
|
300
|
300
|
|
Birmingham Airport Authority, Rev., 5.00%, 7/1/2026
|
225
|
230
|
|
Black Belt Energy Gas District, Gas Supply Series 2022D-2, Rev., LIQ : Royal Bank
of Canada, (SOFR + 1.40%), 4.29%,
6/6/2025 (c)
|
25,450
|
25,680
|
|
County of Jefferson sewer Series 2024, Rev., 5.00%, 10/1/2027
|
1,250
|
1,300
|
|
Foley Utilities Board, Rev., 5.00%, 5/1/2027 (b)
|
35
|
36
|
|
Industrial Development Board of The City of Mobile, Alabama Power Control, Barry Plant
Project Series 2007A, Rev., 1.00%,
6/26/2025 (d)
|
4,750
|
4,741
|
|
Selma Industrial Development Board, International Paper Co. Projects Series 2020A,
Rev., 1.38%, 6/16/2025 (d)
|
2,670
|
2,667
|
|
Southeast Energy Authority A Cooperative District, Project No. 4 Series 2022B-2, Rev.,
(SOFR + 1.79%), 4.71%,
6/6/2025 (c)
|
10,000
|
10,164
|
|
State of Alabama Series 2016C, GO, 5.00%, 8/1/2026
|
25
|
26
|
|
Total Alabama
|
|
49,709
|
|
Alaska — 0.2%
|
||
|
Alaska Housing Finance Corp., State Capital Project Series 2015A, Rev., 5.00%, 6/1/2025 (b)
|
400
|
400
|
|
Alaska Municipal Bond Bank Authority Series 3, Rev., 5.00%, 12/1/2026
|
25
|
26
|
|
Borough of Matanuska-Susitna, Alaska School General Obligation Series 2025B, GO, 5.00%,
11/1/2026
|
1,000
|
1,028
|
|
Borough of North Slope, General Purpose Series 2021C, GO, 4.00%, 6/30/2025
|
95
|
95
|
|
Northern Tobacco Securitization Corp., Tobacco Settlement Asset-Backed Senior Capital
Appreciation Series 2021A, Class 1,
Rev., 5.00%, 6/1/2025
|
1,000
|
1,000
|
|
State of Alaska Series 2024B, GO, 5.00%, 8/1/2028
|
1,000
|
1,065
|
|
Total Alaska
|
|
3,614
|
|
Arizona — 3.2%
|
||
|
Arizona Board of Regents, State University
|
|
|
|
Series 2021A, COP, 5.00%, 6/1/2025
|
30
|
30
|
|
Series 2015A, Rev., 5.00%, 7/1/2025
|
25
|
25
|
|
Arizona Industrial Development Authority, Equitable School Revolving Fund LLC Series
2024A, Rev., 5.00%, 11/1/2029
|
1,300
|
1,368
|
|
Arizona Industrial Development Authority, Phoenix Children's Hospital Series 2020A,
Rev., 5.00%, 2/1/2026
|
155
|
157
|
|
Arizona Sports and Tourism Authority, Senior Lien Multipurpose Stadium Facility Project,
Rev., 5.00%, 7/1/2027
|
750
|
780
|
|
Arizona Transportation Board, Excise Tax, Maricopa County Regional Area Road Fund
|
|
|
|
Series 2014, Rev., 5.00%, 7/1/2025
|
4,800
|
4,806
|
|
Series 2016, Rev., 5.00%, 7/1/2025
|
40
|
40
|
|
Arizona Water Infrastructure Finance Authority Series 2024, Rev., 5.00%, 10/1/2027
|
4,000
|
4,200
|
|
City of Chandler
|
|
|
|
Series 2014, GO, 4.00%, 7/1/2025
|
45
|
45
|
|
Series 2016, GO, 5.00%, 7/1/2027
|
1,000
|
1,046
|
|
City of Glendale Series 2015A, Rev., 5.00%, 7/1/2025 (b)
|
75
|
75
|
|
City of Glendale Water and Sewer, Senior Lien Series 2015, Rev., 5.00%, 7/1/2026
|
25
|
25
|
|
City of Mesa Utility System
|
|
|
|
Series 2017, Rev., 4.00%, 7/1/2025
|
130
|
130
|
|
Series 2017, Rev., 4.00%, 7/1/2027
|
1,000
|
1,023
|
|
City of Phoenix Civic Improvement Corp., Junior Lien, Airport System Series 2017D,
Rev., 5.00%, 7/1/2029
|
55
|
57
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
|
Municipal Bonds — continued
|
||
|
Arizona — continued
|
||
|
City of Phoenix Civic Improvement Corp., Junior Lien, Water System
|
|
|
|
Series 2016, Rev., 5.00%, 7/1/2025
|
75
|
75
|
|
Series 2014B, Rev., 5.00%, 7/1/2027
|
170
|
170
|
|
City of Tucson Series 2018A, GO, 5.00%, 7/1/2026
|
325
|
332
|
|
City of Tucson Water System, Rev., 5.00%, 7/1/2025
|
50
|
50
|
|
County of Pima Sewer System
|
|
|
|
Rev., 5.00%, 7/1/2025
|
100
|
100
|
|
Series 2020B, COP, 5.00%, 7/1/2027
|
40
|
42
|
|
Gilbert Water Resource Municipal Property Corp. Series 2022, Rev., 5.00%, 7/15/2025
|
25
|
25
|
|
Maricopa County High School District No. 214 Tolleson Union High School, GO, 5.00%,
7/1/2026
|
315
|
322
|
|
Maricopa County Industrial Development Authority, Banner Health
|
|
|
|
Series 2016A, Rev., 5.00%, 1/1/2026
|
150
|
152
|
|
Series 2019D, Rev., 5.00%, 5/15/2026 (d)
|
1,150
|
1,166
|
|
Series 2023A-1, Rev., 5.00%, 5/15/2026 (d)
|
7,530
|
7,637
|
|
Series 2023A-2, Rev., 5.00%, 5/15/2028 (d)
|
250
|
262
|
|
Maricopa County Unified School District No. 4 Mesa Series 2019A, GO, 5.00%, 7/1/2025
|
100
|
100
|
|
Maricopa County Union High School District No 210-Phoenix, Project 2023 Series 2024A,
GO, 5.00%, 7/1/2027
|
1,200
|
1,254
|
|
Maricopa County Union High School District No. 210-Phoenix, Project of 2023 Series
2025B, GO, 5.00%, 7/1/2027
|
1,500
|
1,567
|
|
Salt River Project Agricultural Improvement and Power District, Arizona Electric System
|
|
|
|
Series 2015A, Rev., 5.00%, 6/1/2025
|
35,000
|
35,000
|
|
Series 2019A, Rev., 5.00%, 1/1/2027
|
385
|
398
|
|
Scottsdale Municipal Property Corp. Series 2017, Rev., 5.00%, 7/1/2027 (b)
|
55
|
57
|
|
State of Arizona Lottery Series 2019, Rev., 5.00%, 7/1/2025 (b)
|
10,205
|
10,220
|
|
Town of Queen Creek Excise Tax, Rev., 5.00%, 8/1/2026 (b)
|
1,240
|
1,265
|
|
Total Arizona
|
|
74,001
|
|
Arkansas — 0.0% ^
|
||
|
State of Arkansas, Federal Highway, GO, 5.00%, 10/1/2025
|
40
|
40
|
|
University of Arkansas, Various Facility UAMS Campus Series 2019A, Rev., 5.00%, 3/1/2027
|
25
|
26
|
|
University of Central Arkansas, Student Fee
|
|
|
|
Series 2020A, Rev., 5.00%, 11/1/2026
|
220
|
225
|
|
Series 2020A, Rev., 5.00%, 11/1/2027
|
200
|
208
|
|
Total Arkansas
|
|
499
|
|
California — 0.9%
|
||
|
California Community Choice Financing Authority, Green Bond Series 2022A-2, Rev.,
(SOFR + 1.70%), 4.62%, 6/6/2025 (c)
|
5,000
|
5,008
|
|
California Health Facilities Financing Authority, St. Joseph Health System
|
|
|
|
Series 2013A, Rev., 5.00%, 7/1/2025
|
125
|
125
|
|
Series 2019C, Rev., 5.00%, 10/1/2025 (d)
|
1,000
|
1,004
|
|
California Health Facilities Financing Authority, Sutter Health Series 2016A, Rev.,
5.00%, 11/15/2025 (b)
|
120
|
120
|
|
California Infrastructure and Economic Development Bank, Bay Area Toll Bridge First
Lien Series 2003A, Rev., AMBAC, 5.00%,
1/1/2028 (b)
|
25
|
27
|
|
California Municipal Finance Authority Series 2021A, Rev., AMT, 3.75%, 10/1/2025 (d)
|
3,375
|
3,373
|
|
California Municipal Finance Authority, Waste Management, Inc., Project Series 2017A,
Rev., AMT, 4.10%, 12/1/2025 (d)
|
1,000
|
1,000
|
|
California Pollution Control Financing Authority, Solid Waste Disposal, Republic Services,
Inc., Project, Rev., AMT, VRDO,
3.70%, 8/15/2025 (d) (e)
|
2,500
|
2,498
|
|
California Statewide Communities Development Authority, Enloe Medical Center, Rev.,
5.00%, 2/15/2026 (b)
|
25
|
25
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
|
Municipal Bonds — continued
|
||
|
California — continued
|
||
|
City of Vernon, Electric System
|
|
|
|
Series 2021A, Rev., 5.00%, 10/1/2027
|
25
|
26
|
|
Series 2021A, Rev., 5.00%, 4/1/2028
|
75
|
78
|
|
Desert Community College District, GO, 5.00%, 2/1/2026 (b)
|
20
|
20
|
|
Golden State Tobacco Securitization Corp. Series 2017A-1, Rev., 5.00%, 6/1/2026 (b)
|
90
|
92
|
|
Los Angeles Department of Water and Power System
|
|
|
|
Series 2020A, Rev., 5.00%, 7/1/2026
|
500
|
508
|
|
Series 2022E, Rev., 5.00%, 7/1/2026
|
1,350
|
1,371
|
|
Series 2016B, Rev., 5.00%, 7/1/2027
|
1,000
|
1,008
|
|
Series 2017B, Rev., 5.00%, 7/1/2030
|
515
|
525
|
|
Series 2024C, Rev., 5.00%, 7/1/2030
|
400
|
427
|
|
Sacramento Municipal Utility District, Electric Series 2019B, Rev., 5.00%, 10/15/2025 (d)
|
140
|
140
|
|
San Diego Community College District, GO, 5.00%, 8/1/2026 (b)
|
25
|
26
|
|
Southern California Public Power Authority Series 2023-1, Rev., 5.00%, 7/1/2026
|
800
|
813
|
|
State of California, Various Purpose, GO, 5.00%, 12/1/2027
|
2,205
|
2,325
|
|
Tobacco Securitization Authority of Southern California, San Diego County Tobacco
Asset Securitization Corp. Series 2019A,
Class 1, Rev., 5.00%, 6/1/2025
|
600
|
600
|
|
Total California
|
|
21,139
|
|
Colorado — 1.2%
|
||
|
Adams and Arapahoe Joint School District 28J Aurora, GO, 5.50%, 12/1/2026 (f)
|
2,000
|
2,075
|
|
Boulder Larimer and Weld Countes St. Vrain Valley School District Re-1J Series 2016C,
GO, 5.00%, 12/15/2025 (b)
|
20
|
20
|
|
City and County of Denver
|
|
|
|
Series 2024A, GO, 5.00%, 8/1/2026
|
700
|
718
|
|
Series 2024B, GO, 5.00%, 8/1/2026
|
600
|
615
|
|
City and County of Denver, Airport System
|
|
|
|
Series 2022C, Rev., 5.00%, 11/15/2025
|
40
|
40
|
|
Series 2023B, Rev., AMT, 5.00%, 11/15/2027
|
1,500
|
1,554
|
|
Series 2023B, Rev., AMT, 5.00%, 11/15/2028
|
5,000
|
5,241
|
|
City and County of Denver, Wellington E. Webb Municipal Office Building, COP, 5.00%,
12/1/2026
|
30
|
31
|
|
Colorado Bridge Enterprise Series 2019A, Rev., 4.00%, 12/1/2025
|
115
|
116
|
|
Colorado Health Facilities Authority, Adventhealth Obligated Group Series 2019B, Rev.,
5.00%, 11/19/2026 (d)
|
1,260
|
1,287
|
|
Colorado Health Facilities Authority, Adventist Health System
|
|
|
|
Series 2018B, Rev., 5.00%, 11/20/2025 (d)
|
2,965
|
2,982
|
|
Series 2016C, Rev., 5.00%, 11/15/2026 (d)
|
3,260
|
3,320
|
|
Colorado Health Facilities Authority, CommonSpirit Health
|
|
|
|
Series 2019B-1, Rev., 5.00%, 8/1/2025 (d)
|
2,600
|
2,604
|
|
Series 2019B-2, Rev., 5.00%, 8/1/2026 (d)
|
115
|
116
|
|
Series 2019A-2, Rev., 5.00%, 8/1/2028
|
25
|
26
|
|
Colorado Health Facilities Authority, Intermountain Healthcare
|
|
|
|
Series 2022B, Rev., 5.00%, 8/17/2026 (d)
|
1,700
|
1,734
|
|
Series 2022C, Rev., 5.00%, 8/15/2028 (d)
|
1,300
|
1,367
|
|
Colorado Health Facilities Authority, Parkview Medical Center, Inc., Project Series
2020A, Rev., 4.00%, 9/1/2030 (b)
|
1,650
|
1,727
|
|
Colorado Health Facilities Authority, The Evangelical Lutheran Good Samaritan Society
Project
|
|
|
|
Series 2015A, Rev., 5.00%, 6/1/2025 (b)
|
275
|
275
|
|
Series 2017, Rev., 5.00%, 6/1/2027 (b)
|
220
|
228
|
|
Denver City and County School District No. 1, GO, 5.00%, 12/1/2025
|
25
|
25
|
|
Denver Urban Renewal Authority Series 2010B-1, Rev., 5.00%, 12/1/2025
|
70
|
71
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
|
Municipal Bonds — continued
|
||
|
Colorado — continued
|
||
|
Regional Transportation District Series 2015A, COP, 5.00%, 6/1/2025
|
180
|
180
|
|
Regional Transportation District Sales Tax Series 2023A, Rev., 5.00%, 11/1/2026
|
60
|
62
|
|
Regional Transportation District, Denver Transit Partners
|
|
|
|
Series 2020A, Rev., 3.00%, 1/15/2026
|
110
|
110
|
|
Series 2020A, Rev., 5.00%, 7/15/2026
|
225
|
229
|
|
State of Colorado
|
|
|
|
Series 2017K, COP, 5.00%, 3/15/2026
|
30
|
30
|
|
Series 2018L, COP, 5.00%, 3/15/2026
|
50
|
51
|
|
Series 2020A, COP, 5.00%, 9/1/2027
|
25
|
26
|
|
Series 2018A, COP, 5.00%, 12/15/2027
|
20
|
21
|
|
Series 2018L, COP, 4.00%, 3/15/2029
|
50
|
51
|
|
University of Colorado Series A, Rev., 5.00%, 6/1/2025 (b)
|
65
|
65
|
|
University of Colorado, Enterprise System
|
|
|
|
Series 2017A-2, Rev., 5.00%, 6/1/2025
|
30
|
30
|
|
Series 2017A-2, Rev., 5.00%, 6/1/2027
|
50
|
52
|
|
Total Colorado
|
|
27,079
|
|
Connecticut — 0.9%
|
||
|
Connecticut State Health and Educational Facilities Authority, Stamford Hospital Series
L-1, Rev., 4.00%, 7/1/2026
|
350
|
351
|
|
State of Connecticut
|
|
|
|
Series F, GO, 5.00%, 11/15/2025
|
75
|
76
|
|
Series 2025B, GO, 5.00%, 12/1/2026
|
9,200
|
9,474
|
|
Series 2025B, GO, 5.00%, 12/1/2027
|
4,225
|
4,447
|
|
Series 2018F, GO, 5.00%, 9/15/2028
|
755
|
805
|
|
State of Connecticut Clean Water Fund, State Revolving Fund Series 2015A, Rev., 5.00%,
3/1/2026
|
40
|
40
|
|
State of Connecticut Special Tax
|
|
|
|
Series 2021A, Rev., 5.00%, 5/1/2026
|
1,000
|
1,020
|
|
Series 2021D, Rev., 5.00%, 11/1/2026
|
100
|
103
|
|
Series B, Rev., 5.00%, 9/1/2028
|
140
|
144
|
|
State of Connecticut Special Tax, Transportation Infrastructure Purpose Series B,
Rev., 5.00%, 9/1/2027
|
50
|
51
|
|
Town of Groton, GO, BAN, 4.25%, 4/23/2026
|
4,300
|
4,333
|
|
Total Connecticut
|
|
20,844
|
|
Delaware — 0.6%
|
||
|
Delaware State Economic Development Authority, Delmarva Power and Light Co. Project
Series 2020A, Rev., 1.05%,
7/1/2025 (d)
|
6,000
|
5,983
|
|
University of Delaware Series 2013C, Rev., VRDO, LIQ : TD Bank NA, 1.45%, 6/2/2025 (d)
|
8,000
|
8,000
|
|
Total Delaware
|
|
13,983
|
|
District of Columbia — 1.0%
|
||
|
District of Columbia
|
|
|
|
Series 2017D, GO, 5.00%, 6/1/2025
|
90
|
90
|
|
Series 2024C, GO, 5.00%, 12/1/2027
|
5,000
|
5,259
|
|
Series 2024C, GO, 5.00%, 12/1/2028
|
2,000
|
2,138
|
|
Series 2017D, GO, 5.00%, 6/1/2029
|
2,000
|
2,069
|
|
District of Columbia Housing Finance Agency, Multi Family Housing Edgewood Apartments
Project Series 2023, Rev., FHA,
5.00%, 6/1/2026 (d)
|
5,100
|
5,129
|
|
District of Columbia Housing Finance Agency, Paxton Project Series 2022, Rev., 4.00%,
9/1/2025 (d)
|
3,250
|
3,251
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
|
Municipal Bonds — continued
|
||
|
District of Columbia — continued
|
||
|
District of Columbia, Children's Hospital Obligated Group
|
|
|
|
Series 2015, Rev., 5.00%, 7/15/2025
|
55
|
55
|
|
Series 2015, Rev., 5.00%, 7/15/2026
|
100
|
101
|
|
Series 2015, Rev., 5.00%, 7/15/2027
|
50
|
51
|
|
Series 2015, Rev., 5.00%, 7/15/2028
|
170
|
172
|
|
Series 2015, Rev., 5.00%, 7/15/2029
|
20
|
20
|
|
District of Columbia, City Market at O Street Project, 5.00%, 6/1/2025
|
1,000
|
1,000
|
|
District of Columbia, Gallaudet University Project Series 2021A, Rev., 5.00%, 4/1/2026
|
100
|
102
|
|
District of Columbia, National Public Radio, Inc., Issue
|
|
|
|
Rev., 4.00%, 4/1/2026 (b)
|
25
|
25
|
|
Series 2016, Rev., 5.00%, 4/1/2026 (b)
|
25
|
26
|
|
Metropolitan Washington Airports Authority Aviation Series 2024A, Rev., AMT, 5.00%,
10/1/2030
|
2,000
|
2,128
|
|
Washington Metropolitan Area Transit Authority
|
|
|
|
Series 2018, Rev., 5.00%, 7/1/2025
|
95
|
95
|
|
Series A-1, Rev., 5.00%, 7/1/2025
|
160
|
160
|
|
Series 2017B, Rev., 5.00%, 7/1/2027
|
170
|
177
|
|
Series A-1, Rev., 5.00%, 7/1/2028
|
375
|
390
|
|
Total District of Columbia
|
|
22,438
|
|
Florida — 3.0%
|
||
|
Alachua County School Board Series 2020, COP, A.G., 5.00%, 7/1/2027
|
65
|
68
|
|
Central Florida Expressway Authority, Senior Lien
|
|
|
|
Series 2016B, Rev., 5.00%, 7/1/2025
|
25
|
25
|
|
Series 2021, Rev., A.G., 5.00%, 7/1/2025
|
500
|
501
|
|
Series 2019B, Rev., 5.00%, 7/1/2026
|
40
|
41
|
|
Series 2016B, Rev., 5.00%, 7/1/2028
|
685
|
698
|
|
Series 2017, Rev., 5.00%, 7/1/2029
|
90
|
93
|
|
City of Fort Myers Utility System Series 2020A, Rev., A.G., 5.00%, 10/1/2025
|
70
|
70
|
|
City of Gainesville, Utilities System
|
|
|
|
Series 2017A, Rev., 5.00%, 10/1/2028
|
765
|
802
|
|
Series B, Rev., 5.00%, 10/1/2029
|
225
|
225
|
|
City of Jacksonville
|
|
|
|
Series 2015, Rev., 5.00%, 10/1/2027
|
325
|
327
|
|
Series 2019A, Rev., 5.00%, 10/1/2027
|
100
|
105
|
|
City of Lakeland, Department of Electric Utilities Series 2010A, Rev., A.G., 5.25%,
10/1/2028
|
500
|
535
|
|
City of South Miami Health Facilities Authority, Inc., Baptist Health South Florida
Obligated Group, Rev., 5.00%, 8/15/2028
|
65
|
67
|
|
County of Broward, Airport System
|
|
|
|
Series 2013C, Rev., 5.25%, 10/1/2026
|
50
|
50
|
|
Series A, Rev., AMT, 5.00%, 10/1/2029
|
1,000
|
1,003
|
|
County of Lee, Airport Series 2021A, Rev., AMT, 5.00%, 10/1/2028
|
1,500
|
1,565
|
|
County of Miami-Dade
|
|
|
|
Series 2020, GO, 5.00%, 7/1/2027
|
20
|
21
|
|
Series 2016, Rev., 5.00%, 10/1/2029
|
125
|
128
|
|
County of Miami-Dade, Aviation System
|
|
|
|
Series B, Rev., 5.00%, 10/1/2026
|
35
|
35
|
|
Series A, Rev., 5.00%, 10/1/2027
|
150
|
153
|
|
Series A, Rev., 5.00%, 10/1/2028
|
1,340
|
1,364
|
|
Series A, Rev., 5.00%, 10/1/2029
|
155
|
158
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
|
Municipal Bonds — continued
|
||
|
Florida — continued
|
||
|
County of Miami-Dade, Building Better Communities Program Series 2016A, GO, 5.00%,
7/1/2027
|
20
|
21
|
|
County of Miami-Dade, Transit System
|
|
|
|
Series 2015, Rev., 5.00%, 7/1/2025
|
1,000
|
1,001
|
|
Rev., 5.00%, 7/1/2026
|
1,090
|
1,091
|
|
County of Miami-Dade, Water and Sewer System Series 2021, Rev., 5.00%, 10/1/2027
|
735
|
771
|
|
County of St. Lucie, Power and Light Co., Project, Rev., VRDO, 1.60%, 6/2/2025 (d)
|
10,000
|
10,000
|
|
Duval County Public Schools
|
|
|
|
Series 2022A, COP, A.G., 5.00%, 7/1/2027
|
235
|
244
|
|
Series 2022A, COP, A.G., 5.00%, 7/1/2028
|
95
|
100
|
|
Escambia County School Board Series 2020A, COP, 5.00%, 2/1/2026
|
195
|
198
|
|
Florida Department of Environmental Protection
|
|
|
|
Series 2014A, Rev., 5.00%, 7/1/2025
|
1,700
|
1,702
|
|
Series 2015A, Rev., 5.00%, 7/1/2025
|
160
|
160
|
|
Series 2017A, Rev., 5.00%, 7/1/2027
|
100
|
104
|
|
Series 2019B, Rev., 5.00%, 7/1/2027
|
45
|
47
|
|
Florida Department of Management Services
|
|
|
|
Series 2017A, Rev., 5.00%, 9/1/2026
|
115
|
118
|
|
Series 2018A, COP, 5.00%, 11/1/2026
|
595
|
612
|
|
Series 2018A, COP, 5.00%, 11/1/2027
|
1,805
|
1,891
|
|
Series 2021A, COP, 5.00%, 11/1/2029
|
1,350
|
1,458
|
|
Florida Housing Finance Corp., Culmer Apartments Series 2023C, Rev., 5.00%, 12/1/2025 (d)
|
3,725
|
3,752
|
|
Florida Municipal Power Agency, All-Requirements Power Supply Project
|
|
|
|
Series 2017A, Rev., 5.00%, 10/1/2025
|
1,075
|
1,082
|
|
Series 2016A, Rev., 5.00%, 10/1/2026
|
55
|
57
|
|
Series 2017A, Rev., 5.00%, 10/1/2026
|
70
|
72
|
|
Series 2016A, Rev., 5.00%, 10/1/2027
|
70
|
72
|
|
Series 2017A, Rev., 5.00%, 10/1/2027
|
1,345
|
1,404
|
|
Series 2019A, Rev., 5.00%, 10/1/2027
|
215
|
225
|
|
Series 2018A, Rev., 4.00%, 10/1/2028
|
2,820
|
2,850
|
|
Series 2016A, Rev., 5.00%, 10/1/2028
|
900
|
919
|
|
Series 2016A, Rev., 5.00%, 10/1/2029
|
2,100
|
2,144
|
|
Greater Orlando Aviation Authority Series 2017A, Rev., AMT, 5.00%, 10/1/2027 (b)
|
750
|
780
|
|
JEA Electric System
|
|
|
|
Series 2017B, Rev., 5.00%, 10/1/2027
|
75
|
78
|
|
Series 2017B, Rev., 5.00%, 10/1/2029
|
25
|
26
|
|
Lee County School Board (The)
|
|
|
|
Series 2020A, COP, 5.00%, 8/1/2026
|
260
|
266
|
|
Series 2014A, COP, 5.00%, 8/1/2028
|
145
|
145
|
|
Manatee County School District Series 2017, Rev., A.G., 5.00%, 10/1/2029
|
45
|
46
|
|
Miami Beach Redevelopment Agency Series A, Rev., 5.00%, 2/1/2028
|
300
|
301
|
|
Miami-Dade County Expressway Authority, Toll System
|
|
|
|
Series 2013A, Rev., 5.00%, 7/1/2025
|
1,400
|
1,401
|
|
Series 2014B, Rev., 5.00%, 7/1/2025
|
3,400
|
3,403
|
|
Series 2014A, Rev., 5.00%, 7/1/2027
|
210
|
210
|
|
Series 2016A, Rev., 5.00%, 7/1/2028
|
100
|
102
|
|
Miami-Dade County Housing Finance Authority, Quail Roost Transit Village Series 2023,
Rev., 5.00%, 9/1/2025 (d)
|
2,250
|
2,259
|
|
Miami-Dade County Housing Finance Authority, Santa Clara II Apartments Series 2023,
Rev., 5.00%, 10/1/2025 (d)
|
4,655
|
4,678
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
|
Municipal Bonds — continued
|
||
|
Florida — continued
|
||
|
Orange County Convention Center Series 2017, Rev., 5.00%, 10/1/2026
|
210
|
216
|
|
Orange County Health Facilities Authority, Orlando Health Obligated Group Series 2019B,
Rev., 5.00%, 10/1/2026
|
50
|
51
|
|
Orange County School Board
|
|
|
|
Series 2015D, COP, 5.00%, 8/1/2025 (b)
|
130
|
130
|
|
Series 2016C, COP, 5.00%, 8/1/2026 (b)
|
4,225
|
4,327
|
|
Series 2016B, COP, 5.00%, 8/1/2027
|
55
|
56
|
|
Series 2017B, COP, 5.00%, 8/1/2027
|
2,155
|
2,248
|
|
Series 2017C, COP, 5.00%, 8/1/2028
|
85
|
90
|
|
Orlando Utilities Commission Series 2020A, Rev., 5.00%, 10/1/2027
|
25
|
26
|
|
Palm Beach County School District
|
|
|
|
Series 2017A, COP, 5.00%, 8/1/2025
|
295
|
296
|
|
Series 2018A, COP, 5.00%, 8/1/2026
|
275
|
281
|
|
Series 2022B, COP, 5.00%, 8/1/2026
|
60
|
61
|
|
Series 2017A, COP, 5.00%, 8/1/2027
|
180
|
188
|
|
Series 2018B, COP, 5.00%, 8/1/2027
|
400
|
417
|
|
Series 2018C, COP, 5.00%, 8/1/2029
|
115
|
122
|
|
Palm Beach County Solid Waste Authority
|
|
|
|
Series 2015, Rev., 5.00%, 10/1/2025
|
250
|
250
|
|
Series 2015, Rev., 5.00%, 10/1/2026
|
80
|
80
|
|
Pasco County School Board
|
|
|
|
Series 2022A, COP, 5.00%, 8/1/2025
|
835
|
837
|
|
Series 2022A, COP, 5.00%, 8/1/2027
|
80
|
83
|
|
Polk County School District Series 2019B, COP, 5.00%, 1/1/2026
|
110
|
111
|
|
School Board of Miami-Dade County (The)
|
|
|
|
Series 2015D, COP, 5.00%, 2/1/2027
|
1,325
|
1,340
|
|
Series 2012A, COP, 4.00%, 8/1/2028
|
150
|
150
|
|
School District of Broward County
|
|
|
|
Series 2015A, COP, 5.00%, 7/1/2025
|
500
|
501
|
|
Series A, COP, 5.00%, 7/1/2028
|
75
|
76
|
|
South Broward Hospital District, Memorial Healthcare System, Rev., 4.00%, 5/1/2026
|
110
|
111
|
|
State of Florida Board of Education, Public Education Capital Outlay
|
|
|
|
Series 2019D, GO, 5.00%, 6/1/2025
|
80
|
80
|
|
Series 2023A, GO, 5.00%, 6/1/2026
|
200
|
204
|
|
State of Florida Department of Education Series 2018A, Rev., 5.00%, 7/1/2027
|
50
|
52
|
|
State of Florida Department of Transportation
|
|
|
|
Series 2021A, Rev., 5.00%, 7/1/2025
|
25
|
25
|
|
Series 2019A, Rev., 5.00%, 7/1/2027
|
20
|
21
|
|
Series 2019A, Rev., 5.00%, 7/1/2028
|
105
|
112
|
|
State of Florida Department of Transportation Turnpike System
|
|
|
|
Series 2016B, Rev., 5.00%, 7/1/2025
|
80
|
80
|
|
Series 2025A, Rev., 5.00%, 7/1/2029
|
1,900
|
2,052
|
|
State of Florida Lottery
|
|
|
|
Series 2017A, Rev., 5.00%, 7/1/2025
|
170
|
170
|
|
Series 2017A, Rev., 5.00%, 7/1/2027
|
20
|
21
|
|
State of Florida, Public Education Capital Outlay
|
|
|
|
Series 2022B, GO, 5.00%, 6/1/2025
|
75
|
75
|
|
Series 2020A, GO, 5.00%, 6/1/2027
|
105
|
110
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
|
Municipal Bonds — continued
|
||
|
Florida — continued
|
||
|
State of Florida, State Board of Education, Lottery Series 2016A, Rev., 5.00%, 7/1/2026
|
95
|
97
|
|
Tampa Bay Water, Regional Water Supply Authority, Utility System Series 2016C, Rev.,
5.00%, 10/1/2027
|
225
|
236
|
|
Tampa Sports Authority Series 2015, Rev., 5.00%, 1/1/2026
|
80
|
80
|
|
Total Florida
|
|
69,287
|
|
Georgia — 1.0%
|
||
|
Albany-Dougherty Payroll Development Authority, Procter & Gamble Paper Products Series
1999, Rev., 5.20%, 5/15/2028
|
25
|
26
|
|
Athens-Clarke County Unified Government Water and Sewerage Series 2015, Rev., 5.00%,
7/1/2025
|
25
|
25
|
|
Atlanta Development Authority, Georgia State University Research Foundation Science
Park LLC Project Series 2016, Rev.,
4.00%, 7/1/2026 (b)
|
1,555
|
1,570
|
|
Bartow County Development Authority, Georgia Power Co. Plant
|
|
|
|
Series 2013-1, Rev., 2.88%, 8/19/2025 (d)
|
13,500
|
13,471
|
|
Series 2009-1, Rev., 3.95%, 3/8/2028 (d)
|
210
|
213
|
|
Cedartown Polk County Hospital Authority, Polk Medical Center Project, Rev., 5.00%,
7/1/2026 (b)
|
110
|
112
|
|
City of Atlanta Water and Wastewater Series 2004, Rev., A.G., 5.75%, 11/1/2027
|
1,000
|
1,070
|
|
Clarke County Hospital Authority, Pidemont Healthcare Series 2016A, Rev., 5.00%, 7/1/2029
|
25
|
26
|
|
County of DeKalb, Water and Sewerage Series 2006B, Rev., 5.25%, 10/1/2026
|
30
|
31
|
|
Development Authority of Burke County (The), Georgia Power Co. Plant Vogtle Project
Series 2012-2, Rev., 3.30%,
8/21/2029 (d)
|
2,250
|
2,215
|
|
Gwinnett County School District Series 2010, GO, 5.00%, 6/6/2025
|
125
|
125
|
|
Henry County Hospital Authority, Piedmont Henry Hospital Project Series 2014A, Rev.,
5.00%, 7/1/2027
|
1,390
|
1,392
|
|
Metropolitan Atlanta Rapid Transit Authority, Sales Tax Series 2017D, Rev., 4.00%,
7/1/2029
|
1,000
|
1,011
|
|
Municipal Electric Authority of Georgia, Plant Vogtle Units 3 and 4 Project Series
2019A, Rev., 5.00%, 1/1/2026
|
1,000
|
1,010
|
|
State of Georgia Series 2014A, GO, 4.00%, 2/1/2026
|
100
|
100
|
|
Total Georgia
|
|
22,397
|
|
Hawaii — 0.0% ^
|
||
|
City and County Honolulu
|
|
|
|
Series A, Rev., 4.00%, 7/1/2026
|
20
|
20
|
|
Series D, GO, 5.00%, 9/1/2026
|
70
|
72
|
|
City and County Honolulu Wastewater System, First Resolution Series B, Rev., 5.00%,
7/1/2025 (b)
|
25
|
25
|
|
City and County of Honolulu Series 2022A, GO, 5.00%, 11/1/2026
|
120
|
123
|
|
County of Hawaii Series A, GO, 5.00%, 9/1/2027
|
50
|
51
|
|
State of Hawaii
|
|
|
|
Series FK, GO, 5.00%, 5/1/2027
|
75
|
78
|
|
Series FH, GO, 5.00%, 10/1/2028
|
70
|
72
|
|
Total Hawaii
|
|
441
|
|
Idaho — 0.1%
|
||
|
Idaho State Building Authority, Sales Tax Series 2024A, Rev., 5.00%, 6/1/2025
|
3,000
|
3,000
|
|
Illinois — 4.4%
|
||
|
Carol Stream Park District Series 2020C, GO, 4.00%, 11/1/2026
|
1,020
|
1,034
|
|
Chicago O'Hare International Airport, General Airport, Senior Lien
|
|
|
|
Series A, Rev., 5.00%, 1/1/2027
|
20
|
21
|
|
Series C, Rev., 5.00%, 1/1/2027
|
20
|
20
|
|
Series C, Rev., 5.00%, 1/1/2028
|
575
|
580
|
|
Series C, Rev., 5.00%, 1/1/2028
|
40
|
41
|
|
Series C, Rev., 5.00%, 1/1/2029
|
595
|
600
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
|
Municipal Bonds — continued
|
||
|
Illinois — continued
|
||
|
County of Cook
|
|
|
|
Series 2022A, GO, 5.00%, 11/15/2025
|
1,955
|
1,970
|
|
Series 2021B, GO, 4.00%, 11/15/2026
|
230
|
233
|
|
Series 2021A, GO, 5.00%, 11/15/2026
|
205
|
210
|
|
Series 2016A, GO, 5.00%, 11/15/2027
|
2,800
|
2,866
|
|
Series 2016A, GO, 5.00%, 11/15/2028
|
45
|
46
|
|
County of Cook, Sales Tax Series 2022A, Rev., 5.00%, 11/15/2025
|
45
|
45
|
|
DuPage County Community High School District No. 94 West Chicago, GO, 4.00%, 1/1/2033
|
10
|
10
|
|
Illinois Development Finance Authority, Solid waste Management, Inc. Project, Rev.,
AMT, 4.25%, 11/3/2025 (d)
|
6,000
|
5,998
|
|
Illinois Development Finance Authority, United Community and Housing Development Corp.
Series 1991B, Rev., Zero Coupon,
7/15/2025 (b)
|
5,845
|
5,822
|
|
Illinois Finance Authority, Clean Water Initiative Revolving Fund
|
|
|
|
Series 2019, Rev., 5.00%, 7/1/2025
|
45
|
45
|
|
Series 2019, Rev., 5.00%, 1/1/2027
|
240
|
248
|
|
Series 2019, Rev., 5.00%, 7/1/2027
|
250
|
261
|
|
Series 2020, Rev., 5.00%, 7/1/2027
|
40
|
42
|
|
Illinois Finance Authority, Edward Elmhurst Healthcare Series 2018A, Rev., 5.00%,
1/1/2028 (b)
|
20
|
21
|
|
Illinois Finance Authority, Northwestern Memorial Healthcare
|
|
|
|
Series 2017A, Rev., 5.00%, 7/15/2025
|
30
|
30
|
|
Series 2017A, Rev., 5.00%, 7/15/2027
|
80
|
83
|
|
Illinois Finance Authority, Northwestern University
|
|
|
|
Series 2015, Rev., 5.00%, 12/1/2025
|
25
|
25
|
|
Series 2017A, Rev., 5.00%, 7/15/2026
|
270
|
276
|
|
Illinois Finance Authority, Presbyterian Homes Obligated Group Series 2021B, Rev.,
(SIFMA Municipal Swap Index Yield +
0.70%), 2.38%, 6/12/2025 (c)
|
1,125
|
1,117
|
|
Illinois Finance Authority, Presence Health Network Series 2016C, Rev., 5.00%, 2/15/2027
|
145
|
150
|
|
Illinois Finance Authority, Rush University Medical Center Obligated Group
|
|
|
|
Series 2015A, Rev., 5.00%, 11/15/2025
|
765
|
766
|
|
Series 2015A, Rev., 5.00%, 11/15/2027
|
20
|
20
|
|
Illinois Finance Authority, State Clean Water Initiative
|
|
|
|
Series 2016, Rev., 5.00%, 1/1/2026
|
20
|
20
|
|
Series 2017, Rev., 5.00%, 1/1/2026
|
95
|
96
|
|
Series 2017, Rev., 5.00%, 7/1/2027
|
20
|
21
|
|
Illinois Finance Authority, Swedish Covenant Hospital Series 2016A, Rev., 5.00%, 8/15/2026 (b)
|
1,145
|
1,171
|
|
Illinois Finance Authority, The Carle Foundation Series 2021A, Rev., 5.00%, 8/15/2028
|
100
|
106
|
|
Illinois Finance Authority, Uchicago Medicine Series 2022B-2, Rev., 5.00%, 8/15/2027 (d)
|
2,065
|
2,132
|
|
Illinois Finance Authority, Unitypoint Health Series 2016D, Rev., 4.00%, 2/15/2026 (b)
|
5,000
|
5,035
|
|
Illinois Finance Authority, University of Chicago Series 2015A, Rev., 5.00%, 10/1/2025 (b)
|
23,000
|
23,134
|
|
Illinois Housing Development Authority, Rev., FHA, 4.00%, 6/1/2025 (d)
|
1,350
|
1,350
|
|
Illinois Municipal Electric Agency, Power Supply System Series 2015A, Rev., 5.00%,
2/1/2026
|
100
|
100
|
|
Illinois State Toll Highway Authority
|
|
|
|
Series 2019C, Rev., 5.00%, 1/1/2026
|
95
|
96
|
|
Series 2018A, Rev., 5.00%, 1/1/2027
|
45
|
46
|
|
Series 2019B, Rev., 5.00%, 1/1/2027
|
555
|
574
|
|
Series 2019C, Rev., 5.00%, 1/1/2027
|
165
|
171
|
|
Series 2016B, Rev., 5.00%, 1/1/2028
|
25
|
25
|
|
Series 2018A, Rev., 5.00%, 1/1/2028
|
75
|
79
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
|
Municipal Bonds — continued
|
||
|
Illinois — continued
|
||
|
Series 2019C, Rev., 5.00%, 1/1/2029
|
400
|
428
|
|
Kane McHenry Cook and De Kalb Counties Unit School District No. 300 Series 2015, GO,
5.00%, 1/1/2027
|
20
|
20
|
|
Northern Illinois Municipal Power Agency
|
|
|
|
Series 2016A, Rev., 5.00%, 12/1/2026
|
175
|
180
|
|
Series 2016A, Rev., 5.00%, 12/1/2029
|
1,185
|
1,210
|
|
Railsplitter Tobacco Settlement Authority, Rev., 5.00%, 6/1/2025 (b)
|
960
|
960
|
|
Regional Transportation Authority
|
|
|
|
Series 2017A, Rev., 5.00%, 7/1/2028
|
285
|
295
|
|
Series 2017A, Rev., 5.00%, 7/1/2029
|
1,700
|
1,755
|
|
State of Illinois
|
|
|
|
Series 2023D, GO, 5.00%, 7/1/2025
|
2,995
|
2,999
|
|
Series 2019B, GO, 5.00%, 9/1/2025
|
3,860
|
3,875
|
|
Series 2020D, GO, 5.00%, 10/1/2025
|
20
|
20
|
|
Series 2017D, GO, 5.00%, 11/1/2025
|
2,325
|
2,342
|
|
Series 2017A, GO, 5.00%, 12/1/2025
|
250
|
252
|
|
GO, 5.00%, 2/1/2026
|
695
|
703
|
|
GO, 5.50%, 5/1/2026
|
5,000
|
5,101
|
|
Series 2023D, GO, 5.00%, 7/1/2026
|
8,000
|
8,148
|
|
Series 2017D, GO, 5.00%, 11/1/2026
|
1,110
|
1,137
|
|
Series 2016, GO, 5.00%, 2/1/2027
|
150
|
154
|
|
Series 2021B, GO, 5.00%, 3/1/2027
|
125
|
128
|
|
Series 2022A, GO, 5.00%, 3/1/2027
|
20
|
21
|
|
Series 2023D, GO, 5.00%, 7/1/2027
|
90
|
93
|
|
Series 2018A, GO, 5.00%, 10/1/2027
|
200
|
207
|
|
Series 2017D, GO, 5.00%, 11/1/2027
|
1,160
|
1,207
|
|
Series 2022B, GO, 5.00%, 3/1/2028
|
50
|
52
|
|
Series 2016, GO, 5.00%, 6/1/2028
|
1,345
|
1,364
|
|
Series 2017D, GO, 5.00%, 11/1/2028
|
2,965
|
3,064
|
|
Series 2017A, GO, 5.00%, 12/1/2028
|
90
|
93
|
|
Series 2016, GO, 5.00%, 2/1/2029
|
35
|
36
|
|
Series 2018A, GO, 5.00%, 5/1/2029
|
225
|
234
|
|
Series 2017C, GO, 5.00%, 11/1/2029
|
30
|
31
|
|
Series 2021A, GO, 5.00%, 12/1/2029
|
85
|
90
|
|
State of Illinois Sales Tax Series 2018A, Rev., 5.00%, 6/15/2025
|
2,600
|
2,601
|
|
State of Illinois, Sales Tax
|
|
|
|
Series 2013, Rev., 5.00%, 6/15/2026
|
1,250
|
1,253
|
|
Series 2021A, Rev., 4.00%, 6/15/2027
|
40
|
41
|
|
Series 2016, Rev., 5.00%, 6/15/2029
|
25
|
25
|
|
University of Illinois Series 2023A, Rev., 5.00%, 4/1/2027
|
80
|
83
|
|
University of Illinois, Auxiliary Facilities System Series 2023A, Rev., 5.00%, 4/1/2026
|
1,550
|
1,573
|
|
Village of Oswego Series 2016, GO, 5.00%, 12/15/2025 (b)
|
1,380
|
1,393
|
|
Will Grundy Etc Counties Community College District No. 525, Joliet Junior College,
GO, 5.00%, 1/1/2026
|
30
|
30
|
|
Total Illinois
|
|
99,934
|
|
Indiana — 2.3%
|
||
|
City of Indianapolis, Department of Public Utilities Water System
|
|
|
|
Series 2016B, Rev., 5.00%, 10/1/2026
|
20
|
21
|
|
Series 2018A, Rev., 5.00%, 10/1/2026
|
80
|
82
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
|
Municipal Bonds — continued
|
||
|
Indiana — continued
|
||
|
Series 2018A, Rev., 5.00%, 10/1/2027
|
45
|
47
|
|
City of Rockport, Indiana Michigan Power Co. Project Series 2009B, Rev., 3.05%, 6/1/2025 (b)
|
6,500
|
6,500
|
|
City of Whiting, BP Products North America, Inc. Project Series 2019A, Rev., AMT,
5.00%, 6/5/2026 (d)
|
1,900
|
1,917
|
|
Gary Community School Building Corp., Ad Valorem Property Tax First Mortgage
|
|
|
|
Series 2020B, Rev., 4.00%, 1/15/2026
|
220
|
221
|
|
Series 2020B, Rev., 4.00%, 7/15/2026
|
235
|
237
|
|
Indiana Finance Authority
|
|
|
|
Series 2017A, Rev., 5.00%, 6/1/2025 (b)
|
115
|
115
|
|
Series 2017A, Rev., 5.00%, 12/1/2027 (b)
|
20
|
21
|
|
Indiana Finance Authority, Community Foundation of Northern Indiana Obligated Group,
Rev., 5.00%, 9/1/2028
|
2,065
|
2,113
|
|
Indiana Finance Authority, CWA Authority Project Series 2021-2, Rev., 5.00%, 10/1/2027
|
105
|
110
|
|
Indiana Finance Authority, Goshen Health Series 2019B, Rev., 2.10%, 11/1/2026 (d)
|
2,700
|
2,628
|
|
Indiana Finance Authority, Indiana University Health Obligated Group
|
|
|
|
Series 2016A, Rev., 5.00%, 12/1/2025
|
165
|
166
|
|
Series 2023B1, Rev., 5.00%, 7/1/2028 (d)
|
2,100
|
2,206
|
|
Indiana Finance Authority, Indianapolis Power and Light Co. Project Series 2021B,
Rev., 0.65%, 8/1/2025
|
4,500
|
4,472
|
|
Indiana Finance Authority, Parkview Health System, Inc. Series 2017A, Rev., 5.00%,
11/1/2025
|
250
|
252
|
|
Indiana Finance Authority, Stadium Project Series 2022A, Rev., 5.00%, 2/1/2026
|
40
|
41
|
|
Indiana Finance Authority, State Revolving Fund Program Series 2017C, Rev., 5.00%,
2/1/2027
|
70
|
72
|
|
Indiana Housing and Community Development Authority Series 2017B-3, Rev., VRDO, LIQ
: TD Bank NA, 1.45%, 6/2/2025 (d)
|
20,000
|
20,000
|
|
Indiana Municipal Power Agency, Power Supply System
|
|
|
|
Series 2016C, Rev., 5.00%, 1/1/2026
|
55
|
56
|
|
Series 2016C, Rev., 5.00%, 1/1/2027
|
40
|
41
|
|
Series 2016C, Rev., 5.00%, 1/1/2028
|
30
|
31
|
|
Series 2016C, Rev., 5.00%, 1/1/2029
|
185
|
188
|
|
IPS Multi-School Building Corp., Ad Valorem Property Tax First Mortgage Series 2024,
Rev., 5.00%, 7/15/2025
|
1,050
|
1,052
|
|
Penn High School Building Corp., Mishawaka St. Joseph County Indiana, Ad Valorem Property
Tax Series 2024B, Rev., 5.00%,
7/15/2025
|
700
|
701
|
|
Purdue University Series EE, Rev., 5.00%, 7/1/2027
|
35
|
37
|
|
Tippecanoe School Corp.
|
|
|
|
Series 2024A, GO, 5.00%, 7/15/2025
|
2,150
|
2,154
|
|
Series 2024B, GO, 5.00%, 7/15/2025
|
2,225
|
2,229
|
|
Series 2024A, GO, 5.00%, 1/15/2026
|
2,830
|
2,862
|
|
Series 2024B, GO, 5.00%, 1/15/2026
|
2,830
|
2,862
|
|
Total Indiana
|
|
53,434
|
|
Iowa — 2.2%
|
||
|
City of Shenandoah, Iowa Sewer Capital Loan Project, Rev., 4.00%, 6/30/2026
|
11,900
|
11,957
|
|
County of Polk Series 2019, GO, 4.00%, 6/1/2025
|
65
|
65
|
|
Iowa Finance Authority, Midwestern Disaster Area, Archer-Daniels-Midland Co., Project,
Rev., VRDO, 1.55%, 6/12/2025 (d)
|
15,200
|
15,200
|
|
Iowa Finance Authority, State Revolving Fund Series 2016, Rev., 5.00%, 8/1/2026
|
95
|
98
|
|
State of Iowa, Ijobs Program Series 2016A, Rev., 5.00%, 6/1/2027
|
2,000
|
2,039
|
|
University of Iowa (The), Parking System Series 2023, Rev., BAN, 3.50%, 7/1/2026
|
21,595
|
21,600
|
|
Total Iowa
|
|
50,959
|
|
Kansas — 0.7%
|
||
|
City of Derby Series 2024-1, GO, 4.00%, 12/1/2026
|
2,000
|
2,007
|
|
Kansas Development Finance Authority, AdventHealth Series 2021B, Rev., 5.00%, 11/15/2028 (d)
|
5,600
|
5,907
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
|
Municipal Bonds — continued
|
||
|
Kansas — continued
|
||
|
Kansas Development Finance Authority, State of Kansas Project Series 2020R, Rev.,
5.00%, 11/1/2025
|
155
|
156
|
|
Riley County Unified School District No. 383, Manhattan-Ogden Series 2018A, GO, 5.00%,
9/1/2027 (b)
|
60
|
63
|
|
State of Kansas Department of Transportation
|
|
|
|
Series 2025A, Rev., 5.00%, 9/1/2027 (f)
|
2,000
|
2,092
|
|
Series 2025A, Rev., 5.00%, 9/1/2028 (f)
|
3,000
|
3,192
|
|
University of Kansas Hospital Authority, Health System Series 2017A, Rev., 4.00%,
3/1/2027 (b)
|
225
|
229
|
|
Wyandotte County-Kansas City Unified Government Utility System
|
|
|
|
Series 2014A, Rev., 5.00%, 9/1/2028
|
1,000
|
1,001
|
|
Series 2014A, Rev., 5.00%, 9/1/2029
|
1,000
|
1,001
|
|
Total Kansas
|
|
15,648
|
|
Kentucky — 0.5%
|
||
|
Commonwealth of Kentucky, State Office Building Project Series 2018A, COP, 4.00%,
4/15/2027
|
1,250
|
1,270
|
|
County of Trimble Series 2023A, Rev., AMT, 4.70%, 6/1/2027 (d)
|
1,000
|
1,006
|
|
Kentucky Asset Liability Commission Series 2021A, Rev., 5.00%, 11/1/2027
|
25
|
26
|
|
Kentucky Economic Development Finance Authority, CommonSpirit Health Obligated Group
Series 2019A-1, Rev., 5.00%,
8/1/2025
|
35
|
35
|
|
Kentucky State Property and Building Commission, Project No. 108 Series B, Rev., 5.00%,
8/1/2025
|
85
|
85
|
|
Kentucky State Property and Building Commission, Project No. 112
|
|
|
|
Series B, Rev., 5.00%, 11/1/2026
|
105
|
108
|
|
Series B, Rev., 5.00%, 11/1/2027
|
1,000
|
1,024
|
|
Series B, Rev., 5.00%, 11/1/2028
|
305
|
312
|
|
Kentucky State Property and Building Commission, Project No. 113 Series 2024B, Rev.,
5.00%, 11/1/2027
|
1,000
|
1,048
|
|
Kentucky State Property and Building Commission, Project No. 115, Rev., 5.00%, 4/1/2028
|
500
|
519
|
|
Kentucky State Property and Building Commission, Project No. 122 Series A, Rev., 5.00%,
11/1/2027
|
260
|
273
|
|
Kentucky State Property and Building Commission, Project No. 124 Series A, Rev., A.G.,
5.00%, 11/1/2025
|
25
|
25
|
|
Kentucky State Property and Building Commission, Project No. 130 Series 2024B, Rev.,
5.00%, 11/1/2029
|
80
|
86
|
|
Kentucky State Property and Building Commission, Project No. 131 Series A, Rev., 5.00%,
10/1/2028
|
1,000
|
1,064
|
|
Kentucky Turnpike Authority, Revitalization Projects
|
|
|
|
Series B, Rev., 5.00%, 7/1/2025
|
100
|
100
|
|
Series B, Rev., 5.00%, 7/1/2026
|
90
|
92
|
|
Series B, Rev., 5.00%, 7/1/2027
|
125
|
130
|
|
Louisville and Jefferson County Metropolitan Government, Louisville Gas and Electric
Co. Project Series 2001A, Rev., 0.90%,
9/1/2026
|
5,000
|
4,802
|
|
Louisville and Jefferson County Metropolitan Government, Norton Healthcare, Inc. Series
2016A, Rev., 5.00%, 10/1/2027
|
75
|
77
|
|
Louisville Water Co. Series 2019, Rev., 5.00%, 11/15/2025
|
100
|
101
|
|
University of Kentucky, General Receipts
|
|
|
|
Series 2015B, Rev., 5.00%, 10/1/2026
|
35
|
35
|
|
Series 2015B, Rev., 5.00%, 10/1/2027
|
70
|
70
|
|
Total Kentucky
|
|
12,288
|
|
Louisiana — 0.7%
|
||
|
City of New Orleans, Water System Series 2015, Rev., 5.00%, 12/1/2025 (b)
|
25
|
25
|
|
City of Shreveport, Water and Sewer, Junior Lien Series 2018C, Rev., 5.00%, 12/1/2026
|
75
|
77
|
|
Louisiana Public Facilities Authority, Elementus Minerals, LLC Project Series 2023,
Rev., 5.00%, 11/1/2025 (d) (e)
|
9,000
|
9,031
|
|
Louisiana Public Facilities Authority, Ochsner Clinic Foundation Project Series 2002B,
Rev., 5.50%, 5/15/2026 (b)
|
30
|
31
|
|
Louisiana Public Facilities Authority, Tulane University of Louisiana Project
|
|
|
|
Series 2020A, Rev., 5.00%, 4/1/2026 (b)
|
20
|
20
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
|
Municipal Bonds — continued
|
||
|
Louisiana — continued
|
||
|
Series 2020A, Rev., 5.00%, 4/1/2026
|
80
|
81
|
|
State of Louisiana
|
|
|
|
Series 2023A, GO, 5.00%, 4/1/2027
|
680
|
707
|
|
Series 2024E, GO, 5.00%, 9/1/2028
|
1,600
|
1,705
|
|
Series 2024E, GO, 5.00%, 9/1/2029
|
1,000
|
1,082
|
|
State of Louisiana Gasoline and Fuels Tax, Second Lien Series 2023A-1, Rev., VRDO,
LOC : TD Bank NA, 1.45%, 6/2/2025 (d)
|
4,000
|
4,000
|
|
Total Louisiana
|
|
16,759
|
|
Maine — 0.4%
|
||
|
Maine Health and Higher Educational Facilities Authority, Mainehealth Series 2020A,
Rev., 5.00%, 7/1/2026
|
250
|
255
|
|
Maine Municipal Bond Bank Series 2020A, Rev., 5.00%, 9/1/2027
|
20
|
21
|
|
Maine School Administrative District No. 51 Series 2025A, GO, BAN, 4.50%, 12/30/2025
|
6,400
|
6,448
|
|
Maine Turnpike Authority
|
|
|
|
Series 2015, Rev., 5.00%, 7/1/2025
|
55
|
55
|
|
Series 2015, Rev., 5.00%, 7/14/2025
|
155
|
155
|
|
Rev., 5.00%, 7/1/2029
|
1,000
|
1,079
|
|
Rev., 5.00%, 7/1/2030
|
1,000
|
1,093
|
|
State of Maine
|
|
|
|
Series 2017B, GO, 5.00%, 6/1/2025
|
75
|
75
|
|
Series 2022B, GO, 5.00%, 6/1/2026
|
65
|
67
|
|
Total Maine
|
|
9,248
|
|
Maryland — 0.1%
|
||
|
County of Baltimore Series 2017, GO, 5.00%, 3/1/2027
|
25
|
26
|
|
County of Baltimore, Equipment Acquisition Program, COP, 5.00%, 3/1/2027
|
85
|
88
|
|
County of Howard Series 2017A, GO, 5.00%, 2/15/2027
|
45
|
47
|
|
County of Montgomery Series 2018A, GO, 5.00%, 11/1/2026
|
75
|
77
|
|
State of Maryland
|
|
|
|
Series B, GO, 4.00%, 6/1/2025
|
230
|
230
|
|
Series 2021A, GO, 5.00%, 8/1/2026
|
135
|
138
|
|
Series 2016, GO, 4.00%, 6/1/2027
|
130
|
130
|
|
State of Maryland Department of Transportation Series 2017, Rev., 5.00%, 5/1/2026
|
250
|
250
|
|
State of Maryland Department of Transportation, Second Issue
|
|
|
|
Rev., 5.00%, 6/1/2025
|
250
|
250
|
|
Series 2018, Rev., 5.00%, 10/1/2027
|
50
|
51
|
|
University System of Maryland
|
|
|
|
Series 2017A, Rev., 5.00%, 4/1/2026
|
40
|
41
|
|
Series 2019B, Rev., 5.00%, 4/1/2026
|
35
|
36
|
|
Series 2019C, Rev., 5.00%, 4/1/2027
|
100
|
104
|
|
Total Maryland
|
|
1,468
|
|
Massachusetts — 4.5%
|
||
|
Acton and Boxborough Regional School District, GO, BAN, 4.50%, 7/10/2025
|
1,900
|
1,902
|
|
Brockton Area Transit Authority, Rev., RAN, 4.50%, 7/25/2025
|
2,200
|
2,203
|
|
Central Berkshire Regional School District, GO, BAN, 4.25%, 9/26/2025
|
7,209
|
7,234
|
|
City of Boston Series 2015B, GO, 5.00%, 4/1/2026
|
50
|
50
|
|
City of Pittsfield, GO, BAN, 4.50%, 2/20/2026
|
3,100
|
3,129
|
|
City of Somerville Series 2025B, GO, BAN, 5.00%, 7/1/2026
|
11,500
|
11,753
|
|
City of Springfield, GO, BAN, 4.25%, 5/1/2026
|
6,000
|
6,059
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
|
Municipal Bonds — continued
|
||
|
Massachusetts — continued
|
||
|
Commonwealth of Massachusetts
|
|
|
|
Series 2017D, GO, 5.00%, 7/1/2025
|
655
|
656
|
|
Series C, GO, A.G., 5.25%, 11/1/2026
|
50
|
52
|
|
Series 2021A, GO, 5.00%, 9/1/2029
|
2,000
|
2,173
|
|
Commonwealth of Massachusetts, Consolidated Loan of 2023 Series 2023B, GO, 5.00%,
10/1/2026
|
40
|
41
|
|
Massachusetts Bay Transportation Authority, Sales Tax Series 2005A, Rev., 5.00%, 7/1/2025
|
65
|
65
|
|
Massachusetts Development Finance Agency, Children's Hospital Corp Obligated Group
Series 2024 U-2, Rev., VRDO, LOC : TD
Bank NA, 1.25%, 6/2/2025 (d)
|
10,000
|
10,000
|
|
Massachusetts Development Finance Agency, Partners Healthcare System Issue
|
|
|
|
Series O-2, Rev., 5.00%, 7/1/2025 (b)
|
30
|
30
|
|
Series O-2, Rev., 5.00%, 7/1/2026
|
50
|
50
|
|
Series 2016Q, Rev., 5.00%, 7/1/2029
|
220
|
224
|
|
Massachusetts School Building Authority, Dedicated Sales Tax
|
|
|
|
Series 2015C, Rev., 5.00%, 8/15/2025 (b)
|
60
|
60
|
|
Series 2016B, Rev., 5.00%, 11/15/2026 (b)
|
135
|
139
|
|
Merrimack Valley Regional Transit Authority, Rev., RAN, 4.50%, 6/20/2025
|
4,900
|
4,902
|
|
Southeastern Regional Transit Authority, Rev., RAN, 4.25%, 8/15/2025
|
2,600
|
2,604
|
|
Town of Abington, GO, BAN, 4.50%, 4/23/2026
|
2,000
|
2,017
|
|
Town of Charlton, GO, BAN, 4.25%, 4/16/2026
|
5,500
|
5,559
|
|
Town of Middleborough, GO, BAN, 4.25%, 9/26/2025
|
7,554
|
7,580
|
|
Town of Nantucket Series A, GO, BAN, 4.50%, 7/25/2025
|
7,300
|
7,315
|
|
Town of Northbridge, GO, BAN, 4.50%, 6/20/2025
|
5,800
|
5,804
|
|
Town of Seekonk, GO, BAN, 4.25%, 4/16/2026
|
3,400
|
3,436
|
|
Town of Westford, GO, BAN, 4.25%, 4/30/2026
|
11,000
|
11,120
|
|
University of Massachusetts Building Authority Series 2015-1, Rev., 5.00%, 11/1/2029
|
2,000
|
2,014
|
|
Worcester Regional Transit Authority, Rev., RAN, GTD, 4.50%, 6/20/2025
|
4,400
|
4,402
|
|
Total Massachusetts
|
|
102,573
|
|
Michigan — 3.0%
|
||
|
Fulton School District, Unlimited Tax
|
|
|
|
GO, A.G., 4.00%, 5/1/2026
|
220
|
222
|
|
GO, A.G., 4.00%, 5/1/2027
|
210
|
213
|
|
Great Lakes Water Authority, Water Supply System, Second Lien
|
|
|
|
Series 2018A, Rev., 5.00%, 7/1/2026
|
215
|
219
|
|
Series 2018A, Rev., 5.00%, 7/1/2027
|
25
|
26
|
|
Series 2018A, Rev., 5.00%, 7/1/2028
|
100
|
106
|
|
Michigan Finance Authority, Henry Ford Health System
|
|
|
|
Series 2016, Rev., 5.00%, 11/15/2026
|
1,280
|
1,318
|
|
Rev., 5.00%, 11/15/2027
|
760
|
777
|
|
Michigan Finance Authority, Hospital Trinity Health Credit Group
|
|
|
|
Series 2017A-MI, Rev., 5.00%, 12/1/2027
|
140
|
146
|
|
Series 2015MI, Rev., 5.50%, 12/1/2027
|
1,140
|
1,142
|
|
Michigan Finance Authority, Trinity Health Credit Group
|
|
|
|
Series 2017A-MI, Rev., 5.00%, 12/1/2026
|
30
|
31
|
|
Series 2017A-MI, Rev., 5.00%, 12/1/2028
|
45
|
47
|
|
Michigan State Building Authority Series 2016I, Rev., 5.00%, 10/15/2030
|
1,000
|
1,023
|
|
Michigan State Building Authority, Facilities Program
|
|
|
|
Series 2023-I, Rev., VRDO, 1.78%, 6/12/2025 (d)
|
10,000
|
10,000
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
|
Municipal Bonds — continued
|
||
|
Michigan — continued
|
||
|
Series 2016I, Rev., 5.00%, 4/15/2026
|
75
|
76
|
|
Series 2015I, Rev., 5.00%, 4/15/2030
|
2,165
|
2,177
|
|
Michigan State Hospital Finance Authority, Ascension Senior Credit Group Series 2010F-7,
Rev., 5.00%, 11/15/2026 (b)
|
2,300
|
2,353
|
|
Michigan State Hospital Finance Authority, Trinity Health Credit Group Series 2008C,
Rev., 5.00%, 12/1/2025
|
100
|
101
|
|
Michigan State Housing Development Authority, Rental Housing
|
|
|
|
Series 2024A, Rev., 3.63%, 10/1/2029
|
7,750
|
7,707
|
|
Series 2024A, Rev., 3.70%, 4/1/2030
|
9,000
|
8,934
|
|
Michigan State University Series 2020A, Rev., 5.00%, 8/15/2027
|
80
|
84
|
|
Michigan Strategic Fund, Consumers Co. Project Series 2019, Rev., AMT, 3.35%, 10/1/2027 (d)
|
1,300
|
1,272
|
|
RIB Floater Trust Various States Series 2022-046, Rev., VRDO, LOC : Barclays Bank
plc, 1.53%, 6/2/2025 (d) (e)
|
31,410
|
31,410
|
|
State of Michigan Series 2016, Rev., GAN, 5.00%, 3/15/2026
|
55
|
56
|
|
University of Michigan, Rev., 5.00%, 4/1/2026 (b)
|
50
|
51
|
|
Total Michigan
|
|
69,491
|
|
Minnesota — 0.1%
|
||
|
City of St. Cloud, Centracare Health System Series 2016A, Rev., 5.00%, 5/1/2026
|
140
|
142
|
|
Duluth Independent School District No. 709 Series 2019B, COP, 5.00%, 2/1/2028
|
300
|
314
|
|
Minneapolis-St Paul Metropolitan Airports Commission
|
|
|
|
Series 2023A, Rev., 5.00%, 1/1/2027
|
50
|
52
|
|
Series A, Rev., 5.00%, 1/1/2029
|
35
|
36
|
|
Minneapolis-St. Paul Metropolitan Airports Commission Series A, Rev., 5.00%, 1/1/2027
|
80
|
83
|
|
Minnesota Higher Education Facilities Authority, Carleton College Series 2017, Rev.,
5.00%, 3/1/2026
|
30
|
30
|
|
State of Minnesota
|
|
|
|
Series 2022A, Rev., 5.00%, 3/1/2027
|
1,285
|
1,334
|
|
Series 2019B, GO, 5.00%, 8/1/2027
|
35
|
37
|
|
Western Minnesota Municipal Power Agency, Red Rock Hydroelectric Project Series 2018A,
Rev., 5.00%, 1/1/2026
|
40
|
40
|
|
Total Minnesota
|
|
2,068
|
|
Mississippi — 1.2%
|
||
|
County of Warren, Gulf Opportunity Zone, International Paper Co., Project
|
|
|
|
Series 2020A, Rev., 1.38%, 6/16/2025 (d)
|
1,750
|
1,748
|
|
Series 2020C, Rev., 1.38%, 6/16/2025 (d)
|
1,500
|
1,498
|
|
Mississippi Business Finance Corp., Gulf Opportunity Zone Industrial Development,
Chevron USA, Inc., Project Series 2010H,
Rev., VRDO, 1.55%, 6/2/2025 (d)
|
15,000
|
15,000
|
|
Mississippi Development Bank, Desoto County Mississippi Highway Project Series 2024A,
Rev., 5.00%, 1/1/2029
|
1,500
|
1,598
|
|
Mississippi Hospital Equipment and Facilities Authority, Baptist Memorial Health Care
Corp. Series 2020A-1, Rev., 5.00%,
9/1/2025 (d)
|
7,000
|
7,007
|
|
State of Mississippi
|
|
|
|
Series 2015F, GO, 4.00%, 11/1/2025 (b)
|
795
|
798
|
|
Series 2016B, GO, 5.00%, 12/1/2026 (b)
|
500
|
516
|
|
Total Mississippi
|
|
28,165
|
|
Missouri — 1.5%
|
||
|
City of Kansas City
|
|
|
|
Series 2018A, GO, 5.00%, 2/1/2027
|
20
|
21
|
|
Series 2017C, Rev., 5.00%, 9/1/2027
|
40
|
42
|
|
Series 2017C, Rev., 5.00%, 9/1/2028
|
175
|
182
|
|
City of St Louis Airport, Lambert St. Louis International Airport Series 2005, Rev.,
NATL - RE, 5.50%, 7/1/2028
|
20
|
21
|
|
City of St. Louis Airport Series 2005, Rev., NATL - RE, 5.50%, 7/1/2027
|
235
|
247
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
|
Municipal Bonds — continued
|
||
|
Missouri — continued
|
||
|
County of Jackson, Harry S. Truman Sports Complex Project Series 2014, Rev., 5.00%,
12/1/2026
|
20
|
20
|
|
Curators of the University of Missouri (The)
|
|
|
|
Series 2024, Rev., 5.00%, 11/1/2028
|
1,000
|
1,070
|
|
Series 2024, Rev., 5.00%, 11/1/2029
|
2,500
|
2,717
|
|
Health and Educational Facilities Authority of the State of Missouri Series 2021C,
Rev., 5.00%, 5/1/2028 (d)
|
1,000
|
1,048
|
|
Health and Educational Facilities Authority of the State of Missouri, BJC Health System
|
|
|
|
Series 2021A, Rev., 4.00%, 7/1/2025
|
50
|
50
|
|
Series 2021B, Rev., 4.00%, 5/1/2026 (d)
|
5,500
|
5,532
|
|
Health and Educational Facilities Authority of the State of Missouri, Mercy Health
|
|
|
|
Series 2018A, Rev., 5.00%, 6/1/2028
|
20
|
21
|
|
Series 2018A, Rev., 5.00%, 6/1/2029
|
40
|
42
|
|
Health and Educational Facilities Authority of the State of Missouri, SSM Health Care
Obligated Group Series 2018F, Rev.,
VRDO, 1.50%, 6/2/2025 (d)
|
14,700
|
14,700
|
|
Health and Educational Facilities Authority of the State of Missouri, St. Louis University,
Rev., 5.00%, 11/15/2028
|
70
|
71
|
|
Health and Educational Facilities Authority of the State of Missouri, St. Luke's Healthh
System, Inc. Series 2016, Rev., 5.00%,
11/15/2025
|
30
|
30
|
|
Missouri Development Finance Board, Procter & Gamble Co. Project Series 1999, Rev.,
5.20%, 3/15/2029
|
225
|
237
|
|
Missouri Joint Municipal Electric Utility Commission, Prairie State Project Series
2015A, Rev., 5.00%, 6/1/2025
|
1,050
|
1,050
|
|
Missouri Public Utilities Commission, Rev., 4.00%, 5/1/2026
|
7,250
|
7,280
|
|
Total Missouri
|
|
34,381
|
|
Nebraska — 0.4%
|
||
|
County of Washington, Wastewater and Solid Waste Disposal Facilities, Cargill Incorporated
Projects, Rev., AMT, 0.90%,
9/1/2025 (d)
|
6,800
|
6,755
|
|
Nebraska Public Power District
|
|
|
|
Series A-1, Rev., 5.00%, 1/1/2026
|
50
|
50
|
|
Series B, Rev., 5.00%, 1/1/2026
|
25
|
25
|
|
Series 2016A, Rev., 5.00%, 1/1/2027
|
60
|
61
|
|
Series A-1, Rev., 5.00%, 1/1/2027
|
35
|
35
|
|
Series C, Rev., 5.00%, 1/1/2028
|
125
|
126
|
|
Series A-1, Rev., 5.00%, 1/1/2029
|
65
|
65
|
|
Omaha School District Series 2016, GO, 5.00%, 12/15/2028
|
1,900
|
1,953
|
|
Total Nebraska
|
|
9,070
|
|
Nevada — 0.4%
|
||
|
Carson City Nevada Hospital, Carson Tahoe Regional Healthcare Project, Rev., 5.00%,
9/1/2027
|
685
|
705
|
|
Clark County School District, Limited Tax
|
|
|
|
Series 2015C, GO, 5.00%, 6/15/2025
|
220
|
220
|
|
Series 2016A, GO, 5.00%, 6/15/2025
|
280
|
280
|
|
Series 2017A, GO, 5.00%, 6/15/2025
|
295
|
295
|
|
Series 2018A, GO, 5.00%, 6/15/2025
|
50
|
50
|
|
Series 2021C, GO, 5.00%, 6/15/2026
|
75
|
77
|
|
Series 2016B, GO, 5.00%, 6/15/2027
|
80
|
82
|
|
Series 2017A, GO, 5.00%, 6/15/2027
|
190
|
198
|
|
Series 2018A, GO, 5.00%, 6/15/2027
|
150
|
156
|
|
Series 2015D, GO, 5.00%, 6/15/2028
|
140
|
141
|
|
Series 2017A, GO, 5.00%, 6/15/2028
|
115
|
119
|
|
Series 2018A, GO, 5.00%, 6/15/2029
|
60
|
63
|
|
Clark County Water Reclamation District, Limited Tax Series 2023, GO, 5.00%, 7/1/2025
|
30
|
30
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
|
Municipal Bonds — continued
|
||
|
Nevada — continued
|
||
|
County of Clark
|
|
|
|
Series 2018, GO, 5.00%, 12/1/2026
|
1,000
|
1,032
|
|
Series 2018B, GO, 5.00%, 12/1/2026
|
50
|
52
|
|
Series 2017, Rev., 5.00%, 7/1/2027
|
20
|
21
|
|
County of Clark, Department of Aviation, Nevada Airport System, Subordinate Lien Series
2019D, Rev., 5.00%, 7/1/2025
|
75
|
75
|
|
County of Clark, Highway Improvement Series 2017, Rev., 5.00%, 7/1/2025
|
50
|
50
|
|
County of Clark, Indexed Fuel Tax and Subordinate Motor Vehicle Fuel Tax Series 2019,
Rev., 5.00%, 7/1/2025
|
100
|
100
|
|
County of Clark, Limited Tax Series 2017, GO, 5.00%, 6/1/2025
|
30
|
30
|
|
County of Clark, Limited Tax Las Vegas Convention and Visitors Authority Series 2017C,
GO, 5.00%, 7/1/2025
|
20
|
20
|
|
County of Clark, Motor Vehicle Fuel Tax Series 2020C, Rev., 5.00%, 7/1/2027
|
120
|
125
|
|
Las Vegas Valley Water District Series 2016B, GO, 5.00%, 6/1/2027
|
50
|
51
|
|
State of Nevada Department of Business and Industry, Republic Services, Inc. Project
Series 2001, Rev., AMT, 3.95%,
12/1/2025 (d) (e)
|
4,000
|
4,000
|
|
State of Nevada, Capital Improvement and Cultural Affairs Series 2019A, GO, 5.00%,
5/1/2027
|
85
|
89
|
|
State of Nevada, Water Pollution Control Series 2019E, GO, 5.00%, 8/1/2027
|
30
|
31
|
|
Truckee Meadows Water Authority Series 2017, Rev., 5.00%, 7/1/2025
|
100
|
100
|
|
Total Nevada
|
|
8,192
|
|
New Hampshire — 0.1%
|
||
|
New Hampshire Health and Education Facilities Authority Act Series 2015B, Rev., 3.30%,
8/3/2027 (d)
|
2,500
|
2,505
|
|
New Hampshire Municipal Bond Bank Series 2022C, Rev., 5.00%, 8/15/2027
|
30
|
31
|
|
Total New Hampshire
|
|
2,536
|
|
New Jersey — 11.2%
|
||
|
Atlantic County Improvement Authority (The), Atlantic City Campus Phase II Project
Series 2021A, Rev., A.G., 5.00%,
7/1/2026
|
100
|
102
|
|
Bergen County Improvement Authority (The), Guaranteed Government Pooled Project
|
|
|
|
Rev., GTD, 4.00%, 10/16/2025
|
20,000
|
20,062
|
|
Rev., GTD, 4.00%, 5/21/2026
|
14,000
|
14,136
|
|
Borough of Avalon, GO, BAN, 4.50%, 2/4/2026
|
9,350
|
9,430
|
|
Borough of Bloomingdale, GO, BAN, 4.50%, 2/12/2026
|
1,500
|
1,512
|
|
Borough of Carlstadt, GO, BAN, 4.50%, 5/1/2026
|
8,500
|
8,593
|
|
Borough of East Rutherford, GO, BAN, 4.00%, 4/2/2026
|
8,500
|
8,561
|
|
Borough of Emerson, GO, BAN, 4.50%, 7/25/2025
|
2,100
|
2,102
|
|
Borough of Fanwood Series 2025A, GO, BAN, 4.00%, 2/26/2026
|
4,000
|
4,023
|
|
Borough of Flemington Series 2025A, GO, BAN, 4.50%, 1/26/2026
|
4,000
|
4,032
|
|
Borough of Mountain Lakes, GO, BAN, 4.25%, 10/10/2025
|
2,200
|
2,207
|
|
Borough of North Haledon, GO, BAN, 4.50%, 6/24/2025
|
2,944
|
2,946
|
|
Borough of North Plainfield, GO, BAN, 4.25%, 11/25/2025
|
5,000
|
5,019
|
|
Borough of Palisades Park, Swimming Pool Utility, GO, BAN, 4.25%, 3/11/2026
|
2,000
|
2,010
|
|
Borough of Point Pleasant Beach, General Capital Notes Water and Sewer Utility, GO,
BAN, 4.00%, 11/7/2025
|
4,600
|
4,615
|
|
Burlington County Bridge Commission, Government Leasing Program
|
|
|
|
Series 2024C, Rev., 4.50%, 8/5/2025
|
5,000
|
5,011
|
|
Series 2024D, Rev., RAN, 4.25%, 12/11/2025
|
4,300
|
4,319
|
|
Essex County Improvement Authority, Family Court Building Project, Rev., GTD, 5.00%,
6/18/2025
|
8,135
|
8,141
|
|
Jersey City Municipal Utilities Authority, Water Project Series 2025A, Rev., GTD,
5.00%, 5/1/2026
|
4,500
|
4,571
|
|
Monmouth County Improvement Authority (The), Rev., GTD, 4.00%, 3/13/2026
|
15,525
|
15,631
|
|
New Jersey Building Authority Series 2016A, Rev., 5.00%, 6/15/2026 (b)
|
900
|
920
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
|
Municipal Bonds — continued
|
||
|
New Jersey — continued
|
||
|
New Jersey Economic Development Authority
|
|
|
|
Series 2017DDD, Rev., 5.00%, 6/15/2027 (b)
|
45
|
47
|
|
Series A, Rev., 4.00%, 11/1/2027
|
25
|
25
|
|
New Jersey Economic Development Authority, School Facilities Construction
|
|
|
|
Series 2014PP, Rev., A.G. - CR, 5.00%, 6/15/2025
|
3,000
|
3,002
|
|
Series WW, Rev., 5.25%, 6/15/2025 (b)
|
80
|
80
|
|
Series 2024SSS, Rev., 5.00%, 6/15/2026
|
2,450
|
2,499
|
|
Series 2019GGG, Rev., 5.25%, 9/1/2026 (e)
|
2,500
|
2,568
|
|
Series 2024SSS, Rev., 5.00%, 6/15/2027
|
1,400
|
1,454
|
|
Series WW, Rev., 5.25%, 6/15/2028
|
150
|
150
|
|
New Jersey Health Care Facilities Financing Authority, Barnabas Health Obligated Group
Series 2019B-3, Rev., 5.00%,
7/1/2026 (d)
|
4,535
|
4,611
|
|
New Jersey Health Care Facilities Financing Authority, Trinitas Regional Medical Center
Obligate Group Series 2017A, Rev.,
5.00%, 7/1/2025 (b)
|
4,000
|
4,006
|
|
New Jersey Health Care Facilities Financing Authority, Virtua Health Obligated Group,
Rev., 5.00%, 7/1/2025
|
80
|
80
|
|
New Jersey Higher Education Student Assistance Authority, Senior Student Loan Immediate
Delivery Series 2025-2, Rev., AMT,
5.00%, 6/2/2026 (d) (f)
|
9,000
|
9,112
|
|
New Jersey Transportation Trust Fund Authority, Capital Appreciation Series 2010A,
Rev., Zero Coupon, 12/15/2028
|
2,485
|
2,200
|
|
New Jersey Transportation Trust Fund Authority, Federal Highway Reimbursement Series
2016A-1, Rev., 5.00%, 6/15/2028
|
410
|
417
|
|
New Jersey Transportation Trust Fund Authority, Transportation Program
|
|
|
|
Series 2023AA, Rev., 5.00%, 6/15/2025
|
45
|
45
|
|
Series 2023AA, Rev., 5.00%, 6/15/2026
|
1,875
|
1,912
|
|
New Jersey Turnpike Authority
|
|
|
|
Series 2005D-2, Rev., A.G., 5.25%, 1/1/2026
|
16,890
|
17,125
|
|
Series 2005D-3, Rev., A.G., 5.25%, 1/1/2026
|
900
|
913
|
|
Series 2014A, Rev., 5.00%, 1/1/2027
|
220
|
220
|
|
Series 2017E, Rev., 5.00%, 1/1/2027
|
1,000
|
1,032
|
|
Series 2017A, Rev., 5.00%, 1/1/2029
|
120
|
124
|
|
Passaic County Improvement Authority (The), City of Paterson Project, Rev., GTD, 5.00%,
8/15/2026
|
350
|
359
|
|
State of New Jersey, GO, 5.00%, 6/1/2025
|
75
|
75
|
|
State of New Jersey, COVID-19 Emergency Bonds
|
|
|
|
Series 2020A, GO, 5.00%, 6/1/2026
|
2,000
|
2,041
|
|
Series 2020A, GO, 5.00%, 6/1/2027
|
110
|
115
|
|
State of New Jersey, Various Purpose, GO, 5.00%, 6/1/2025 (b)
|
25
|
25
|
|
Tobacco Settlement Financing Corp.
|
|
|
|
Series 2018A, Rev., 5.00%, 6/1/2025
|
1,955
|
1,955
|
|
Series 2018A, Rev., 5.00%, 6/1/2026
|
335
|
338
|
|
Series 2018A, Rev., 5.00%, 6/1/2028
|
1,045
|
1,076
|
|
Series 2018A, Rev., 5.00%, 6/1/2029
|
280
|
288
|
|
Town of Dover, General Improvement Water Utility, GO, BAN, 4.50%, 1/21/2026
|
11,700
|
11,800
|
|
Town of Guttenberg, GO, BAN, 4.25%, 10/16/2025
|
5,920
|
5,940
|
|
Township of East Windsor, GO, BAN, 4.25%, 9/19/2025
|
7,219
|
7,237
|
|
Township of Edison, Water Utility Series 2024B, GO, BAN, 4.00%, 11/6/2025
|
8,860
|
8,892
|
|
Township of Little Egg Harbor Series 2025A, GO, BAN, 4.25%, 1/20/2026
|
2,425
|
2,438
|
|
Township of Manchester Series 2025A, GO, BAN, 4.50%, 5/6/2026
|
6,000
|
6,067
|
|
Township of Medford Series 2024A, GO, BAN, 4.25%, 9/25/2025
|
10,290
|
10,318
|
|
Township of Middle, General Improvement Sewer Utility, GO, BAN, 4.25%, 9/3/2025
|
5,225
|
5,235
|
|
Township of Readington, GO, BAN, 4.25%, 9/30/2025
|
2,100
|
2,106
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
|
Municipal Bonds — continued
|
||
|
New Jersey — continued
|
||
|
Township of Weehawken Series 2024A, GO, BAN, 5.00%, 8/15/2025
|
4,500
|
4,508
|
|
Township of Woodbridge, GO, BAN, 4.00%, 10/10/2025
|
7,200
|
7,222
|
|
Total New Jersey
|
|
257,600
|
|
New Mexico — 0.2%
|
||
|
Albuquerque Bernalillo County Water Utility Authority Series 2018, Rev., 5.00%, 7/1/2026
|
50
|
51
|
|
Albuquerque Bernalillo County Water Utility Authority, Senior Lien Joint Water and
Sewer System Series 2015, Rev., 5.00%,
7/1/2026
|
50
|
50
|
|
City of Albuquerque Series 2021B, GO, 5.00%, 7/1/2025
|
40
|
40
|
|
New Mexico Finance Authority, State Transportation, Subordinate Lien
|
|
|
|
Series 2021A, Rev., 5.00%, 6/15/2026
|
1,000
|
1,021
|
|
Series 2018A, Rev., 5.00%, 6/15/2027
|
70
|
73
|
|
New Mexico Hospital Equipment Loan Council, Presbyterian Health Care Services Series
2015A, Rev., 5.00%, 8/1/2025 (b)
|
190
|
191
|
|
New Mexico Mortgage Finance Authority, Santee Apartments and Sangre De Cristo Project,
Rev., 3.73%, 12/1/2025 (d) (f)
|
1,000
|
1,000
|
|
State of New Mexico Severance Tax Permanent Fund
|
|
|
|
Series A, Rev., 5.00%, 7/1/2025
|
690
|
691
|
|
Series 2018A, Rev., 5.00%, 7/1/2027
|
45
|
47
|
|
Series 2021A, Rev., 5.00%, 7/1/2028
|
65
|
69
|
|
State of New Mexico, Capital Projects, GO, 5.00%, 3/1/2026
|
45
|
46
|
|
Total New Mexico
|
|
3,279
|
|
New York — 16.4%
|
||
|
Avon Central School District, GO, BAN, 4.50%, 6/27/2025
|
2,900
|
2,902
|
|
Build NYC Resource Corp., The Young Men's and Women's Hebrew Association Project Series
2024, Rev., 5.00%, 12/1/2027
|
5,000
|
5,241
|
|
Candor Central School District, GO, BAN, 4.50%, 7/25/2025
|
2,000
|
2,003
|
|
Charlotte Valley Central School District, GO, BAN, 4.50%, 6/27/2025
|
3,000
|
3,002
|
|
City of Auburn, GO, BAN, 4.25%, 8/14/2025
|
17,700
|
17,729
|
|
City of Hudson, GO, BAN, 4.50%, 6/20/2025
|
3,000
|
3,001
|
|
City of Long Beach Series 2024B, GO, BAN, 4.25%, 9/26/2025
|
9,175
|
9,191
|
|
City of New York, Fiscal Year 2008 Series 2018 J-11, GO, 5.00%, 8/1/2026
|
85
|
87
|
|
City of New York, Fiscal Year 2017 Series 2014I, Subseries I-3, GO, 5.00%, 8/1/2028
|
745
|
768
|
|
City of New York, Fiscal Year 2019
|
|
|
|
Series A, GO, 5.00%, 8/1/2026
|
120
|
123
|
|
Series 2019E, GO, 5.00%, 8/1/2027
|
135
|
141
|
|
City of New York, Fiscal Year 2023
|
|
|
|
Series 2023, Subseries F-1, GO, 5.00%, 8/1/2026
|
200
|
205
|
|
Series 2024, Subseries A-1, GO, 5.00%, 9/1/2026
|
180
|
185
|
|
City of New York, Fiscal Year 2024 Series 2024E, GO, 5.00%, 8/1/2029
|
800
|
865
|
|
City of New York, Fiscal Year 2025 Series 2025A, GO, 5.00%, 8/1/2028
|
1,000
|
1,064
|
|
City of Newburgh Series 2024A, GO, BAN, 4.25%, 8/8/2025
|
3,600
|
3,601
|
|
City of Troy
|
|
|
|
GO, BAN, 4.50%, 7/25/2025
|
13,500
|
13,518
|
|
GO, BAN, 4.50%, 1/30/2026
|
2,000
|
2,016
|
|
City of Utica, GO, BAN, 4.50%, 1/23/2026
|
5,000
|
5,034
|
|
Clifton-Fine Central School District, GO, BAN, 4.25%, 7/31/2025
|
4,600
|
4,605
|
|
Cohoes City School District, GO, BAN, 4.50%, 6/26/2025
|
4,900
|
4,903
|
|
Cuba-Rushford Central School District, GO, BAN, 4.50%, 6/27/2025
|
2,000
|
2,001
|
|
East Aurora Union Free School District, GO, BAN, 4.50%, 6/18/2025
|
4,100
|
4,102
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
|
Municipal Bonds — continued
|
||
|
New York — continued
|
||
|
Eldred Central School District, GO, BAN, 4.50%, 6/18/2025
|
4,500
|
4,502
|
|
Ellenville Central School District, GO, BAN, 4.50%, 6/20/2025
|
5,400
|
5,403
|
|
Empire State Development Corp., State Personal Income Tax Series 2022A, Rev., 5.00%,
9/15/2027 (b)
|
20
|
21
|
|
Empire State Development Corp., State Personal Income Tax, General Purpose Series
2016A, Rev., 5.00%, 3/15/2026 (b)
|
25
|
25
|
|
Evans-Brant Central School District Series 2014B, GO, BAN, 4.50%, 6/17/2025
|
14,600
|
14,608
|
|
Highland Central School District, GO, BAN, 4.50%, 6/27/2025
|
6,600
|
6,604
|
|
Hornell City School District, GO, BAN, 4.50%, 6/27/2025
|
2,400
|
2,402
|
|
Hudson Yards Infrastructure Corp., Second Indenture Series 2022A, Rev., 5.00%, 2/15/2026
|
45
|
46
|
|
Jasper-Troupsberg Central School District, GO, BAN, 4.50%, 6/27/2025
|
2,000
|
2,001
|
|
Lancaster Central School District, GO, BAN, 4.50%, 6/6/2025
|
4,730
|
4,731
|
|
Lansingburgh Central School District at Troy, GO, BAN, 4.50%, 7/11/2025
|
5,700
|
5,707
|
|
Liverpool Central School District Series 2024B, GO, BAN, 4.25%, 9/19/2025
|
6,412
|
6,429
|
|
Long Island Power Authority, Electric System
|
|
|
|
Rev., 1.00%, 9/1/2025
|
25,000
|
24,802
|
|
Series 2019A, Rev., 5.00%, 9/1/2025
|
30
|
30
|
|
Series 2023F, Rev., 5.00%, 9/1/2027
|
20
|
21
|
|
Lyons Central School District, GO, BAN, 4.50%, 6/27/2025
|
6,100
|
6,104
|
|
Madison Central School District, GO, BAN, 4.50%, 6/20/2025
|
2,100
|
2,101
|
|
Malone Central School District, GO, BAN, 4.50%, 6/26/2025
|
6,000
|
6,004
|
|
Medina Central School District, GO, BAN, 4.50%, 7/16/2025
|
7,300
|
7,310
|
|
Metropolitan Transportation Authority
|
|
|
|
Series 2002G-1F, Rev., (SOFR + 0.43%), 3.32%, 6/2/2025 (c)
|
590
|
590
|
|
Series 2016B, Rev., 4.00%, 11/15/2025
|
40
|
40
|
|
Mount Markham Central School District, Unlimited Tax, GO, BAN, 4.50%, 6/25/2025
|
4,750
|
4,753
|
|
Nassau County Sewer and Storm Water Finance Authority Series A, Rev., 5.00%, 10/1/2025
|
500
|
500
|
|
New York City Municipal Water Finance Authority, Water and Sewer System, Second General
Resolution, Fiscal Year 2015
Series 2015HH, Rev., 5.00%, 6/15/2025 (b)
|
40
|
40
|
|
New York City Municipal Water Finance Authority, Water and Sewer System, Second General
Resolution, Fiscal Year 2023
Series 2023, Subseries B-1, Rev., VRDO, LIQ : Mizuho Bank Ltd., 1.50%, 6/2/2025 (d)
|
10,000
|
10,000
|
|
New York City Transitional Finance Authority Building Aid
|
|
|
|
Series 2015 Series S-1, Rev., 5.00%, 7/15/2026
|
160
|
160
|
|
Series 2016S-1, Rev., 5.00%, 7/15/2026
|
25
|
25
|
|
Series 2019S-2A, Rev., 5.00%, 7/15/2027
|
25
|
26
|
|
New York City Transitional Finance Authority Future Tax Secured
|
|
|
|
Series 2023A, Subseries A-1, Rev., 5.00%, 8/1/2026
|
95
|
97
|
|
Series C, Rev., 5.00%, 11/1/2026
|
80
|
81
|
|
Series B1, Rev., 5.00%, 11/1/2028
|
5,030
|
5,060
|
|
Series 2017A-1, Rev., 5.00%, 5/1/2029
|
25
|
25
|
|
New York City Transitional Finance Authority Future Tax Secured Fiscal Year 2022 Series
2020B-1, Rev., 5.00%, 11/1/2026
|
80
|
82
|
|
New York City Transitional Finance Authority Future Tax Secured Fiscal Year 2025 Series
2021 Subseries A-1, Rev., 5.00%,
11/1/2026
|
40
|
41
|
|
New York City Transitional Finance Authority Future Tax Secured, Fiscal Year 2018
Series 2018B-1, Rev., 5.00%, 8/1/2028
|
20
|
21
|
|
New York City Transitional Finance Authority, Building Aid, Fiscal Year 2018 Series
S-1, Rev., 5.00%, 7/15/2028
|
105
|
109
|
|
New York City Transitional Finance Authority, Future Tax Secured, Fiscal Year 2019
Series B-5, Rev., VRDO, LIQ : US Bank NA,
1.55%, 6/2/2025 (d)
|
25,000
|
25,000
|
|
New York City Transitional Finance Authority, Future Tax Secured, Fiscal Year 2021
Series 2021A, Rev., 5.00%,
11/1/2025 (b)
|
20
|
20
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
|
Municipal Bonds — continued
|
||
|
New York — continued
|
||
|
New York City Transitional Finance Authority, Future Tax Secured, Fiscal Year 2025
|
|
|
|
Series 2025C, Subseries C-1, Rev., 5.00%, 5/1/2027
|
3,600
|
3,747
|
|
Series 2025C, Subseries C-1, Rev., 5.00%, 5/1/2028
|
3,265
|
3,461
|
|
Series 2025C, Subseries C-1, Rev., 5.00%, 5/1/2029
|
2,000
|
2,154
|
|
New York City Transitional Finance Authority, Future Tax Secured, Subordinate, Fiscal
Year 2025
|
|
|
|
Series 2025-J, Subseries J-1, Rev., 5.00%, 11/1/2027
|
2,000
|
2,101
|
|
Series 2025F, Subseries F-1, Rev., 5.00%, 11/1/2029
|
2,000
|
2,169
|
|
Series 2025H, Sub H-1, Rev., 5.00%, 11/1/2029
|
1,750
|
1,898
|
|
Series 2025F, Subseries F-1, Rev., 5.00%, 11/1/2030
|
1,400
|
1,535
|
|
New York City Water and Sewer System, Second General Resolution Series BB 1B, Rev.,
VRDO, LIQ : State Street Bank & Trust
Co., 1.50%, 6/2/2025 (d)
|
10,000
|
10,000
|
|
New York State Dormitory Authority
|
|
|
|
Series 2015B, Rev., 5.00%, 7/1/2025 (b)
|
25
|
25
|
|
Series 2024A, Rev., A.G., 5.00%, 10/1/2025
|
1,800
|
1,812
|
|
Series 2018-1, Rev., 5.00%, 1/15/2026
|
20
|
20
|
|
Series 2024A, Rev., A.G., 5.00%, 10/1/2026
|
1,000
|
1,030
|
|
New York State Dormitory Authority, Icahn School of Medicine at Mount Sinai Series
2015A, Rev., 5.00%, 7/1/2025
|
30
|
30
|
|
New York State Dormitory Authority, New York University Series 2017A, Rev., 5.00%,
7/1/2028
|
25
|
26
|
|
New York State Dormitory Authority, Sales Tax Series 2024A, Rev., A.G., 5.00%, 10/1/2027
|
1,100
|
1,152
|
|
New York State Dormitory Authority, School Districts Financing Program
|
|
|
|
Series 2025A, Rev., A.G., 5.00%, 10/1/2027 (f)
|
2,500
|
2,617
|
|
Series 2025A, Rev., A.G., 5.00%, 10/1/2028 (f)
|
1,000
|
1,065
|
|
New York State Dormitory Authority, State Personal Income Tax
|
|
|
|
Series 2016D, Rev., 5.00%, 2/15/2026 (b)
|
215
|
218
|
|
Series 2016D, Rev., 5.00%, 2/15/2026 (b)
|
30
|
30
|
|
Series 2017BGRP 1, Rev., 5.00%, 2/15/2026 (b)
|
85
|
86
|
|
Series 2021A, Rev., 5.00%, 3/15/2027 (b)
|
180
|
187
|
|
Series 2021E, Rev., 5.00%, 3/15/2028
|
205
|
217
|
|
New York State Dormitory Authority, State Personal Income Tax, General Purpose Series
2018A, Rev., 5.00%, 3/15/2026 (b)
|
20
|
20
|
|
New York State Dormitory Authority, State Sales Tax
|
|
|
|
Series 2016A, Rev., 5.00%, 9/15/2026 (b)
|
85
|
87
|
|
Series 2016A, Rev., 5.00%, 3/15/2028
|
35
|
36
|
|
New York State Dormitory Authority, Touro College and University System, Rev., 5.00%,
1/3/2028 (b)
|
615
|
647
|
|
New York State Housing Finance Agency, State Personal Income Tax Series 2024A-2, Rev.,
3.35%, 6/15/2029 (d)
|
2,000
|
1,997
|
|
North Collins Central School District Series 2024A, GO, BAN, 4.50%, 6/26/2025
|
2,200
|
2,202
|
|
North Rose-Wolcott Central School District, GO, BAN, 4.50%, 7/25/2025
|
3,000
|
3,004
|
|
Otego-Unadilla Central School District, GO, BAN, 4.50%, 7/17/2025
|
7,100
|
7,108
|
|
Port Authority of New York and New Jersey, Consolidated
|
|
|
|
Series 189, Rev., 5.00%, 6/9/2025
|
115
|
115
|
|
Series 183, Rev., 5.00%, 12/15/2025
|
160
|
160
|
|
Series 246, Rev., AMT, 5.00%, 9/1/2026
|
8,250
|
8,410
|
|
Series 177TH, Rev., AMT, 4.00%, 7/15/2030
|
400
|
400
|
|
Ridge Road Fire District, GO, BAN, 4.25%, 10/22/2025
|
7,000
|
7,027
|
|
Romulus Central School District, GO, BAN, 4.50%, 7/24/2025
|
2,600
|
2,603
|
|
Sidney Central School District, GO, BAN, 4.50%, 7/24/2025
|
2,600
|
2,604
|
|
Sullivan West Central School District, GO, BAN, 4.25%, 6/26/2025
|
3,400
|
3,402
|
|
Town of Cortlandt, GO, BAN, 4.25%, 10/3/2025
|
2,400
|
2,407
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
|
Municipal Bonds — continued
|
||
|
New York — continued
|
||
|
Town of Grand Island, GO, BAN, 4.25%, 10/3/2025
|
12,000
|
12,044
|
|
Town of Milton, GO, BAN, 4.50%, 7/25/2025
|
3,900
|
3,905
|
|
Town of Newburgh, GO, BAN, 4.50%, 1/30/2026
|
2,500
|
2,521
|
|
Town of Putnam Valley Series 2024B, GO, BAN, 4.25%, 9/5/2025
|
7,500
|
7,515
|
|
Town of Wawarsing, GO, BAN, 4.50%, 7/24/2025
|
3,400
|
3,404
|
|
Triborough Bridge and Tunnel Authority
|
|
|
|
Series A, Rev., 5.00%, 11/15/2026
|
75
|
77
|
|
Series 2024B, Rev., BAN, 5.00%, 3/15/2027
|
2,000
|
2,071
|
|
Series A, Rev., 5.00%, 11/15/2027
|
50
|
52
|
|
Village of Farmingdale Series 2024B, GO, BAN, 4.25%, 9/25/2025
|
5,700
|
5,717
|
|
Village of Highland Falls, GO, BAN, 4.25%, 9/26/2025
|
4,045
|
4,057
|
|
Village of Johnson City Series 2024C, GO, BAN, 4.25%, 9/26/2025
|
12,425
|
12,444
|
|
Wayne Central School District, GO, BAN, 4.50%, 6/27/2025
|
1,900
|
1,901
|
|
Yorkshire-Pioneer Central School District, GO, BAN, 4.50%, 7/9/2025
|
12,000
|
12,014
|
|
Total New York
|
|
377,339
|
|
North Carolina — 1.7%
|
||
|
Charlotte-Mecklenburg Hospital Authority (The), Atrium Health Care System Series 2021C,
Rev., 5.00%, 12/1/2028 (d)
|
1,000
|
1,056
|
|
City of Charlotte Series 2019A, GO, 5.00%, 6/1/2025
|
25
|
25
|
|
City of Charlotte Airport Series 2021A, Rev., 5.00%, 7/1/2025
|
50
|
50
|
|
Columbus County Industrial Facilities and Pollution Control Financing Authority, International
Paper Co. Project Series 2020A,
Rev., 1.38%, 6/16/2025 (d)
|
1,780
|
1,778
|
|
County of Buncombe Series 2015, Rev., 5.00%, 6/1/2025
|
3,000
|
3,000
|
|
County of Harnett Series 2020, Rev., 5.00%, 12/1/2026
|
200
|
206
|
|
County of Mecklenburg Series 2013A, GO, 5.00%, 12/1/2025
|
1,000
|
1,010
|
|
County of New Hanover, New Hanover Regional Medical Center Series 2017, Rev., 5.00%,
10/1/2027 (b)
|
1,580
|
1,653
|
|
County of Union Enterprise System Series 2021, Rev., 5.00%, 6/1/2026
|
35
|
36
|
|
Cumberland County Industrial Facilities and Pollution Control Financing Authority,
Solid Waste Disposal Project Hero Series
2024, Rev., AMT, 3.75%, 11/1/2025 (d)
|
5,000
|
5,002
|
|
North Carolina Eastern Municipal Power Agency Series 1993B, Rev., 6.00%, 1/1/2026 (b)
|
165
|
168
|
|
North Carolina Housing Finance Agency, Homeownership-1998 Trust
|
|
|
|
Series 52-C, Rev., VRDO, GNMA / FNMA / FHLMC, LIQ : TD Bank NA, 1.45%, 6/2/2025 (d)
|
9,500
|
9,500
|
|
Series 55-C, Rev., GNMA / FNMA / FHLMC, 3.20%, 1/15/2026 (d)
|
4,000
|
3,997
|
|
North Carolina Medical Care Commission, Caromont Health Series 2021B, Rev., 5.00%,
2/1/2026 (d)
|
1,290
|
1,303
|
|
North Carolina Medical Care Commission, Duke University Health System Series 2016A,
Rev., 5.00%, 6/1/2025
|
45
|
45
|
|
North Carolina Medical Care Commission, Vidant Health Series 2015, Rev., 5.00%, 6/1/2025 (b)
|
3,490
|
3,490
|
|
North Carolina Municipal Power Agency No. 1
|
|
|
|
Series A, Rev., 5.00%, 1/1/2026
|
65
|
66
|
|
Series 2016A, Rev., 5.00%, 1/1/2028
|
265
|
269
|
|
Series 2016A, Rev., 5.00%, 1/1/2029
|
250
|
254
|
|
Orange County Public Facilities Co., Rev., 5.00%, 10/1/2026
|
175
|
180
|
|
Raleigh Durham Airport Authority Series 2020B, Rev., 5.00%, 5/1/2026
|
135
|
138
|
|
Raleigh Housing Authority, Toulun Place, Rev., FHA, 5.00%, 12/1/2025 (d)
|
4,150
|
4,181
|
|
State of North Carolina
|
|
|
|
Series 2016B, GO, 5.00%, 6/1/2025
|
360
|
360
|
|
Series 2018A, GO, 5.00%, 6/1/2026
|
50
|
51
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
|
Municipal Bonds — continued
|
||
|
North Carolina — continued
|
||
|
Series 2014C, Rev., 5.00%, 5/1/2027
|
440
|
441
|
|
State of North Carolina, Limited Obligation Series 2017B, Rev., 5.00%, 5/1/2029
|
525
|
545
|
|
Total North Carolina
|
|
38,804
|
|
Ohio — 4.8%
|
||
|
American Municipal Power, Inc., AMP Fremont Energy Center Project Series 2017A, Rev.,
5.00%, 2/15/2028
|
100
|
105
|
|
American Municipal Power, Inc., City of Wapakoneta Project, Rev., BAN, 4.50%, 6/19/2025
|
1,000
|
1,000
|
|
American Municipal Power, Inc., Combined Hydroelectric Projects Series 2020A, Rev.,
5.00%, 2/15/2027
|
330
|
341
|
|
City of Columbus, Various Purpose Series 2016-1, GO, 5.00%, 7/1/2025
|
330
|
331
|
|
City of Columbus, Various Purpose, Unlimited Tax
|
|
|
|
Series 2022B, GO, 5.00%, 4/1/2028
|
1,745
|
1,853
|
|
Series 2017-1, GO, 5.00%, 4/1/2029
|
4,000
|
4,154
|
|
City of Hamilton, Limited Tax Various Purpose, GO, BAN, 4.00%, 12/17/2025
|
1,800
|
1,806
|
|
City of Huber Heights, GO, BAN, 4.50%, 7/10/2025
|
1,800
|
1,802
|
|
City of New Albany, GO, BAN, 4.00%, 9/10/2025
|
10,000
|
10,014
|
|
City of Strongsville, Street Improvement, GO, BAN, 4.75%, 6/5/2025
|
1,000
|
1,000
|
|
Cleveland Department of Public Utilities Division of Water, Second Lien Series 2017B,
Rev., 5.00%, 1/1/2026
|
60
|
61
|
|
Cleveland-Cuyahoga County Port Authority, The Cleveland Museum of Natural History
Project, Rev., 5.00%, 7/1/2026
|
125
|
127
|
|
County of Allen Hospital Facilities Series 2017A, Rev., 5.00%, 8/1/2027
|
300
|
312
|
|
County of Cuyahoga
|
|
|
|
Series 2020D, Rev., 5.00%, 12/1/2025
|
150
|
151
|
|
Series 2020D, Rev., 5.00%, 12/1/2026
|
40
|
41
|
|
County of Cuyahoga, Convention Hotel Project
|
|
|
|
COP, 5.00%, 12/1/2025
|
5,500
|
5,545
|
|
COP, 5.00%, 12/1/2026
|
4,220
|
4,335
|
|
County of Hamilton Sales Tax Series 2016A, Rev., 5.00%, 12/1/2029
|
110
|
113
|
|
County of Hamilton Sewer System Series 2020A, Rev., 5.00%, 12/1/2026
|
20
|
21
|
|
County of Hamilton, Trihealth, Inc. Group Project Series 2020A, Rev., 5.00%, 8/15/2027
|
205
|
213
|
|
County of Lake, GO, 4.00%, 9/24/2025
|
3,000
|
3,005
|
|
County of Mahoning, Limited Tax Various Tax, GO, 4.00%, 10/14/2025
|
3,840
|
3,846
|
|
County of Montgomery, Dayton Children's Hospital Series 2021, Rev., 5.00%, 8/1/2026
|
425
|
434
|
|
County of Muskingum, Limited Tax, GO, 4.00%, 12/17/2025
|
8,000
|
8,031
|
|
County of Wayne, Limited Tax, GO, 3.50%, 12/18/2025
|
12,000
|
12,010
|
|
Cuyahoga Metropolitan Housing Authority, Wade Park Apartments, Rev., FHA, 4.75%, 12/1/2025 (d)
|
100
|
101
|
|
Kings Local School District, Unlimited Tax, GO, BAN, 4.50%, 7/16/2025
|
1,400
|
1,402
|
|
Monroe Local School District, GO, BAN, 3.88%, 12/4/2025
|
2,000
|
2,006
|
|
Ohio Air Quality Development Authority, American Electric Power Co. Project Series
2014D, Rev., 3.20%, 5/1/2026
|
2,000
|
1,987
|
|
Ohio Higher Educational Facility Commission, Case Western Reserve University Project
|
|
|
|
Series 2018, Rev., 5.00%, 12/1/2026
|
120
|
124
|
|
Series 2018, Rev., 5.00%, 12/1/2029
|
40
|
42
|
|
Ohio State University (The)
|
|
|
|
Series 2010D, Rev., 5.00%, 12/1/2025
|
25
|
25
|
|
Series 2021A, Rev., 5.00%, 12/1/2026
|
225
|
232
|
|
Ohio Turnpike and Infrastructure Commission Series 1998A, Rev., NATL - RE, 5.50%,
2/15/2026
|
1,800
|
1,831
|
|
Ohio Water Development Authority Water Pollution Control Loan Fund
|
|
|
|
Series 2015B, Rev., 5.00%, 12/1/2025 (b)
|
790
|
797
|
|
Series 2020B, Rev., 5.00%, 12/1/2025
|
125
|
126
|
|
Ohio Water Development Authority, Drinking Water Assistance Series 2019, Rev., 5.00%,
6/1/2025
|
90
|
90
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
|
Municipal Bonds — continued
|
||
|
Ohio — continued
|
||
|
State of Ohio
|
|
|
|
Series 2016A, Rev., 5.00%, 2/1/2026
|
35
|
35
|
|
Series 2017V, GO, 5.00%, 10/1/2026
|
100
|
103
|
|
State of Ohio, Capital Facilities Lease Appropriation, Park and Recreation Improvement
Fund Project Series 2016C, Rev.,
5.00%, 12/1/2026
|
45
|
46
|
|
State of Ohio, Cleveland Clinic Health System Series 2019F, Rev., VRDO, LIQ : US Bank
NA, 1.45%, 6/2/2025 (d)
|
15,000
|
15,000
|
|
State of Ohio, Common School
|
|
|
|
Series 2015A, GO, 5.00%, 9/15/2026
|
115
|
118
|
|
Series 2017B, GO, 5.00%, 9/15/2026
|
50
|
51
|
|
Series 2025A, GO, 5.00%, 6/15/2029
|
8,130
|
8,812
|
|
Series 2025A, GO, 5.00%, 6/15/2030
|
7,500
|
8,248
|
|
State of Ohio, Higher Education Series 2025B, GO, 5.00%, 11/1/2030
|
1,485
|
1,642
|
|
State of Ohio, Infrastructure Improvement Series 2025A, GO, 5.00%, 3/1/2030
|
4,000
|
4,381
|
|
State of Ohio, Major New State Infrastructure Project Series 2024-1, Rev., 5.00%,
12/15/2027
|
1,235
|
1,302
|
|
State of Ohio, State Infrastructure Improvement Series 2016-1, Rev., 5.00%, 12/15/2028
|
1,000
|
1,016
|
|
State of Ohio, State Infrastructure Project Series 2016-1, Rev., 5.00%, 12/15/2025
|
100
|
101
|
|
State of Ohio, Voting System Acquisition Project, COP, 5.00%, 9/1/2026
|
20
|
21
|
|
University of Cincinnati
|
|
|
|
Series 2016A, Rev., 5.00%, 6/1/2026
|
25
|
26
|
|
Series 2019A, Rev., 5.00%, 6/1/2027
|
85
|
89
|
|
Total Ohio
|
|
110,405
|
|
Oklahoma — 0.8%
|
||
|
Canadian County Independent School District No. 69 Mustang Series 2024A, GO, 4.00%,
6/1/2027
|
1,555
|
1,581
|
|
City of Oklahoma City
|
|
|
|
GO, 5.00%, 3/1/2027
|
2,600
|
2,694
|
|
Series 2016, GO, 5.00%, 3/1/2027
|
1,000
|
1,036
|
|
GO, 5.00%, 3/1/2028
|
1,470
|
1,559
|
|
Cleveland County Educational Facilities Authority, Norman Public Schools Project
|
|
|
|
Rev., 5.00%, 6/1/2025
|
140
|
140
|
|
Series 2023A, Rev., 5.00%, 6/1/2028
|
1,300
|
1,368
|
|
Grand River Dam Authority
|
|
|
|
Series 2014A, Rev., 5.00%, 6/1/2025
|
215
|
215
|
|
Series 2016A, Rev., 5.00%, 6/1/2025
|
235
|
235
|
|
Series 2014A, Rev., 5.00%, 6/1/2026
|
405
|
406
|
|
Series 2016A, Rev., 5.00%, 6/1/2026
|
65
|
66
|
|
Series 2016A, Rev., 5.00%, 6/1/2027
|
60
|
62
|
|
Series 2016A, Rev., 5.00%, 6/1/2029
|
30
|
31
|
|
Oklahoma Municipal Power Authority, Power Supply System Series 2021A, Rev., A.G.,
5.00%, 1/1/2027
|
65
|
67
|
|
Pittsburg County Educational Facilities Authority, McAlester Public Schools Project,
Rev., 4.00%, 12/1/2026
|
250
|
253
|
|
Tulsa County Independent School District No. 1 Tulsa Series 2025A, GO, 4.00%, 4/1/2028
|
2,800
|
2,877
|
|
Tulsa County Independent School District No. 4 Bixby, GO, 5.00%, 6/1/2027 (f)
|
5,400
|
5,586
|
|
Tulsa Public Facilities Authority, Rev., 5.00%, 6/1/2025
|
200
|
200
|
|
Total Oklahoma
|
|
18,376
|
|
Oregon — 0.3%
|
||
|
Clackamas and Washington Counties School District No. 3 Series 2015, GO, 5.00%, 6/15/2025 (b)
|
35
|
35
|
|
Clackamas County School District No. 46 Oregon Trail Series 2017, GO, 5.00%, 6/15/2029
|
1,500
|
1,550
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
|
Municipal Bonds — continued
|
||
|
Oregon — continued
|
||
|
Marion County School District No. 103 Woodburn Series 2015, GO, 5.00%, 6/15/2025 (b)
|
615
|
616
|
|
Salem-Keizer School District No. 24J Series 2018, GO, 5.00%, 6/15/2025
|
50
|
50
|
|
State of Oregon Department of Transportation Series A, Rev., 5.00%, 11/15/2026
|
225
|
232
|
|
State of Oregon, Article XI-G Project Series 2025G, GO, 5.00%, 8/1/2027
|
3,400
|
3,559
|
|
State of Oregon, Article XI-M Seismic Project & Article XI-Q State Project Series
F, GO, 5.00%, 5/1/2028
|
30
|
31
|
|
Tri-County Metropolitan Transportation District of Oregon Series 2018A, Rev., 5.00%,
10/1/2029
|
100
|
104
|
|
Total Oregon
|
|
6,177
|
|
Pennsylvania — 4.7%
|
||
|
Allegheny County Higher Education Building Authority, University Refunding Duquesne
University Series 2016, Rev., 5.00%,
3/1/2027
|
90
|
91
|
|
Allegheny County Hospital Development Authority, Allegheny Health Network Obligated
Group Series 2018A, Rev., 5.00%,
4/1/2026
|
2,500
|
2,533
|
|
Allegheny County Hospital Development Authority, Pittsburgh Medical Center
|
|
|
|
Series 2019A, Rev., 5.00%, 7/15/2025
|
45
|
45
|
|
Series 2019A, Rev., 5.00%, 7/15/2026
|
45
|
46
|
|
Allegheny County Hospital Development Authority, UPMC Health Center Series 1997B,
Rev., NATL - RE, 6.00%, 7/1/2027
|
75
|
79
|
|
Allegheny County Sanitary Authority, Sewer
|
|
|
|
Series 2020A, Rev., 4.00%, 6/1/2025
|
150
|
150
|
|
Series 2020B, Rev., 4.00%, 6/1/2025
|
210
|
210
|
|
Series 2020A, Rev., 5.00%, 6/1/2026
|
650
|
663
|
|
Altoona Area School District, GO, 5.00%, 12/1/2025 (b)
|
25
|
25
|
|
City of Philadelphia
|
|
|
|
Series 2019A, GO, 5.00%, 8/1/2025
|
95
|
95
|
|
Series 2021A, GO, 5.00%, 5/1/2026
|
50
|
51
|
|
Series 2019B, GO, 5.00%, 2/1/2028
|
40
|
42
|
|
City of Philadelphia Water and Wastewater
|
|
|
|
Series 2014A, Rev., 5.00%, 7/1/2026
|
1,800
|
1,802
|
|
Series 2017, GO, A.G., 5.00%, 8/1/2027
|
55
|
57
|
|
Series 1997A, Rev., AMBAC, 5.13%, 8/1/2027 (b)
|
40
|
42
|
|
City of Pittsburgh Series 2020A, GO, 5.00%, 9/1/2026
|
300
|
308
|
|
Commonwealth Financing Authority
|
|
|
|
Series B-1, Rev., A.G., 5.00%, 6/1/2025
|
50
|
50
|
|
Series 2019B, Rev., 5.00%, 6/1/2027
|
365
|
379
|
|
Series 2020A, Rev., 5.00%, 6/1/2027
|
20
|
21
|
|
Commonwealth Financing Authority, Tobacco Master Settlement Payment
|
|
|
|
Rev., 5.00%, 6/1/2025
|
310
|
310
|
|
Rev., 5.00%, 6/1/2027
|
1,000
|
1,031
|
|
Rev., 5.00%, 6/1/2028
|
1,825
|
1,905
|
|
Rev., 5.00%, 6/1/2029
|
3,550
|
3,699
|
|
Rev., 5.00%, 6/1/2030
|
2,200
|
2,286
|
|
Commonwealth of Pennsylvania
|
|
|
|
Series 1ST, GO, 5.00%, 9/15/2026
|
825
|
848
|
|
Series 2018A, COP, 5.00%, 7/1/2027
|
405
|
422
|
|
Series 2016, GO, 5.00%, 9/15/2027
|
775
|
794
|
|
County of Allegheny Series C-75, GO, 5.00%, 11/1/2025
|
280
|
282
|
|
County of Armstrong, GO, A.G., 4.00%, 6/1/2025
|
240
|
240
|
|
County of Bucks Series 2017, GO, 5.00%, 6/1/2025
|
25
|
25
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
|
Municipal Bonds — continued
|
||
|
Pennsylvania — continued
|
||
|
County of Dauphin
|
|
|
|
Series 2020A, GO, 5.00%, 11/15/2026 (b)
|
20
|
21
|
|
Series 2020A, GO, 5.00%, 11/15/2027 (b)
|
25
|
26
|
|
County of Indiana
|
|
|
|
GO, 3.00%, 12/15/2025
|
250
|
250
|
|
GO, 3.00%, 12/15/2026
|
435
|
433
|
|
Delaware County Authority, Cabrini University, Rev., 5.00%, 7/1/2027 (b)
|
1,640
|
1,698
|
|
Delaware Valley Regional Finance Authority, Local Government
|
|
|
|
Series 1997B, Rev., AMBAC, 5.70%, 7/1/2027
|
15
|
16
|
|
Series 1998A, Rev., AMBAC, 5.50%, 8/1/2028
|
1,595
|
1,710
|
|
East Hempfield Township Industrial Development Authority, Student Services, Inc. Student
Housing Project at Millerville
University Series 2015, Rev., 5.00%, 7/1/2025 (b)
|
60
|
60
|
|
Geisinger Authority, Health System
|
|
|
|
Series 2020B, Rev., 5.00%, 2/15/2027 (d)
|
8,700
|
8,863
|
|
Series 2017A-2, Rev., 5.00%, 2/15/2029
|
600
|
615
|
|
Series 2020C, Rev., 5.00%, 4/1/2030 (d)
|
1,000
|
1,060
|
|
General Authority of Southcentral Pennsylvania, Wellspan Health Obligated Group Series
2019E, Rev., VRDO, LIQ : US Bank NA,
1.50%, 6/2/2025 (d)
|
23,600
|
23,600
|
|
Lancaster County Hospital Authority, University of Pennsylvania Health System Series
2016A, Rev., 5.00%, 8/15/2026
|
20
|
20
|
|
Marple Newtown School District Series 2016, GO, 5.00%, 6/1/2025
|
75
|
75
|
|
Pennsylvania Economic Development Financing Authority, University of Pittsburgh Medical
Center
|
|
|
|
Series 2017A, Rev., 5.00%, 11/15/2026
|
65
|
67
|
|
Series 2016, Rev., 5.00%, 3/15/2027
|
55
|
56
|
|
Pennsylvania Higher Educational Facilities Authority
|
|
|
|
Series AT-1, Rev., 5.00%, 6/15/2025 (b)
|
20
|
20
|
|
Series AT-1, Rev., 5.00%, 6/15/2025
|
100
|
100
|
|
Series 2017AU-2, Rev., 5.00%, 6/15/2027 (b)
|
15
|
15
|
|
Pennsylvania Higher Educational Facilities Authority, State System Higher Education
|
|
|
|
Series AQ, Rev., 5.00%, 6/15/2025 (b)
|
5
|
5
|
|
Series AQ, Rev., 5.00%, 6/15/2025
|
15
|
15
|
|
Series 2017AU-2, Rev., 5.00%, 6/15/2027
|
35
|
36
|
|
Pennsylvania State University (The) Series B, Rev., 5.00%, 9/1/2028
|
40
|
41
|
|
Pennsylvania Turnpike Commission
|
|
|
|
Series A-1, Rev., 5.00%, 6/1/2025
|
155
|
155
|
|
Rev., VRDO, LOC : TD Bank NA, 1.66%, 6/12/2025 (d)
|
35,000
|
35,000
|
|
Series 2019, Rev., 5.00%, 12/1/2025
|
155
|
157
|
|
Series 2016, Rev., 5.00%, 6/1/2026
|
75
|
76
|
|
Series 2020B, Rev., 5.00%, 12/1/2026
|
400
|
413
|
|
Series 2021C, Rev., 5.00%, 12/1/2026
|
100
|
103
|
|
Series 2019A, Rev., 4.00%, 12/1/2027
|
215
|
220
|
|
Series 2016A-1, Rev., 5.00%, 12/1/2027
|
100
|
102
|
|
Series 2016A-3, Rev., 5.00%, 12/1/2027
|
1,355
|
1,390
|
|
Series 2016B, Rev., 5.00%, 6/1/2029
|
75
|
76
|
|
Series 2017, Rev., 5.00%, 12/1/2029
|
50
|
52
|
|
Pennsylvania Turnpike Commission Oil Franchise Tax
|
|
|
|
Series A, Rev., 5.00%, 12/1/2025
|
25
|
25
|
|
Series B, Rev., 5.00%, 12/1/2028
|
485
|
497
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
|
Municipal Bonds — continued
|
||
|
Pennsylvania — continued
|
||
|
Pennsylvania Turnpike Commission, Motor License Fund, Enhanced, Subordinate Series
2017-1, Rev., 5.00%, 6/1/2025
|
20
|
20
|
|
Pennsylvania Turnpike Commission, Subordinate Series A-2, Rev., 5.00%, 6/1/2027
|
2,000
|
2,036
|
|
Philadelphia Authority for Industrial Development
|
|
|
|
Series 2019, Rev., 5.00%, 10/1/2025
|
1,610
|
1,618
|
|
Series 2019, Rev., 5.00%, 10/1/2028
|
200
|
212
|
|
Series 2019, Rev., 5.00%, 10/1/2029
|
75
|
81
|
|
Philadelphia Gas Works Co., 1998 General Ordinance
|
|
|
|
Series 14TH, Rev., 5.00%, 10/1/2025
|
25
|
25
|
|
Series 14TH, Rev., 5.00%, 10/1/2026
|
30
|
31
|
|
Series 14TH, Rev., 5.00%, 10/1/2028
|
300
|
306
|
|
Series 14TH, Rev., 5.00%, 10/1/2029
|
325
|
331
|
|
School District of Philadelphia (The)
|
|
|
|
Series 2019B, GO, 5.00%, 9/1/2026
|
1,000
|
1,025
|
|
Series 2019A, GO, 5.00%, 9/1/2028
|
70
|
74
|
|
Series F, GO, 5.00%, 9/1/2028
|
5,000
|
5,089
|
|
Southeastern Pennsylvania Transportation Authority
|
|
|
|
Series 2017, Rev., 5.00%, 6/1/2027
|
80
|
83
|
|
Series 2017, Rev., 5.00%, 6/1/2029
|
300
|
311
|
|
Township of East Coventry
|
|
|
|
GO, 3.00%, 12/1/2025
|
345
|
344
|
|
GO, 3.00%, 12/1/2026
|
275
|
275
|
|
Unionville-Chadds Ford School District Series 2016, GO, 5.00%, 6/1/2025
|
75
|
75
|
|
Wyalusing Area School District, GO, 3.00%, 4/1/2026
|
300
|
299
|
|
Total Pennsylvania
|
|
107,834
|
|
Rhode Island — 0.2%
|
||
|
City of Pawtucket Series 2024-2, GO, BAN, 4.50%, 10/24/2025
|
2,100
|
2,104
|
|
Rhode Island Commerce Corp., Department of Transportation
|
|
|
|
Series 2016B, Rev., 5.00%, 6/15/2025
|
310
|
310
|
|
Series 2016B, Rev., 5.00%, 6/15/2026
|
115
|
117
|
|
Series 2016B, Rev., 5.00%, 6/15/2027
|
340
|
347
|
|
Series 2020A, Rev., 5.00%, 5/15/2028
|
280
|
296
|
|
Series 2016B, Rev., 5.00%, 6/15/2029
|
440
|
448
|
|
Total Rhode Island
|
|
3,622
|
|
South Carolina — 1.0%
|
||
|
County Square Redevelopment Corp., Greenville South Carolina Project, Rev., 5.00%,
4/1/2030
|
5,900
|
6,455
|
|
Fort Mill School District No. 4 Series 2025A, GO, BAN, SCSDE, 4.25%, 3/2/2026
|
6,200
|
6,249
|
|
Horry County School District
|
|
|
|
Series 2015A, GO, SCSDE, 5.00%, 3/1/2026
|
185
|
185
|
|
Series 2015A, GO, SCSDE, 5.00%, 3/1/2027
|
25
|
25
|
|
Piedmont Municipal Power Agency Series 2015A, Rev., 5.00%, 1/1/2026
|
1,300
|
1,302
|
|
SCAGO Educational Facilities Corp. for Pickens School District
|
|
|
|
Series 2015, Rev., 5.00%, 12/1/2025
|
375
|
375
|
|
Rev., 5.00%, 12/1/2027
|
80
|
80
|
|
SCAGO Educational Facilities Corp. for Pickens School District, Installment Purchase
Project Series 2015, Rev., 5.00%,
12/1/2026
|
3,420
|
3,424
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
|
Municipal Bonds — continued
|
||
|
South Carolina — continued
|
||
|
South Carolina Jobs-Economic Development Authority, Bon Secours Mercy Health, Inc.
Series 2025B-1, Rev., 5.00%,
11/1/2030 (d)
|
2,000
|
2,108
|
|
South Carolina Jobs-Economic Development Authority, Enerra South Carolina Project
Series 2024, Rev., AMT, 3.70%,
12/1/2026 (d) (e)
|
2,500
|
2,489
|
|
South Carolina Jobs-Economic Development Authority, Mcleod Health Projects, Rev.,
5.00%, 11/1/2025
|
960
|
968
|
|
Total South Carolina
|
|
23,660
|
|
South Dakota — 0.0% ^
|
||
|
City of Sioux Falls Sales Tax Series 2017A, Rev., 5.00%, 11/15/2026
|
75
|
77
|
|
Tennessee — 0.6%
|
||
|
City of Chattanooga Electric, Rev., 5.00%, 9/1/2028 (f)
|
6,000
|
6,410
|
|
Deutsche Intermediate Tax-Free Fund Series A, Rev., 4.00%, 9/1/2029
|
1,750
|
1,750
|
|
Health Educational and Housing Facility Board of the City of Memphis (The), Arbors
Hickory Ridge Project Series 2012, Rev.,
6.25%, 1/1/2029 (b)
|
3,610
|
4,136
|
|
Memphis-Shelby County Industrial Development Board Series 2017B, Rev., 5.00%, 11/1/2025
|
120
|
121
|
|
Metropolitan Government Nashville and Davidson County, Health and Educational Facilities
Board, Northview Project Series
2023B, Rev., 3.60%, 2/1/2028 (d)
|
1,000
|
1,008
|
|
Metropolitan Government Nashville and Davidson County, Health and Educational Facilities
Board, Vanderbilt University
Medical Center Series 2023A, Rev., 5.00%, 7/1/2028
|
25
|
26
|
|
Metropolitan Government of Nashville and Davidson County Series 2016, GO, 5.00%, 1/1/2027
|
300
|
307
|
|
Tennessee Energy Acquisition Corp., Commodity Project Series 2021A, Rev., 5.00%, 11/1/2026
|
350
|
357
|
|
Tennessee State School Bond Authority, Higher Educational Facilities Second Program
|
|
|
|
Series 2015B, Rev., 5.00%, 11/1/2025 (b)
|
100
|
101
|
|
Series A, Rev., 5.00%, 11/1/2026
|
65
|
67
|
|
Total Tennessee
|
|
14,283
|
|
Texas — 5.5%
|
||
|
Alamo Community College District, Limited Tax Series 2017, GO, 5.00%, 8/15/2027
|
25
|
26
|
|
Alamo Community College District, Maintenance Tax, GO, 5.00%, 2/15/2027
|
75
|
78
|
|
Arlington Housing Finance Corp., Multi Family Housing 6900 Matlock Road Series 2023,
Rev., 4.50%, 4/1/2027 (d)
|
1,580
|
1,595
|
|
Austin Community College District Public Facility Corp., Lease, Highland Campus Parking
Garage Project Series 2018C, Rev.,
5.00%, 8/1/2025
|
225
|
226
|
|
Austin Independent School District, Unlimited Tax
|
|
|
|
Series A, GO, PSF-GTD, 4.00%, 8/1/2025 (b)
|
1,000
|
1,001
|
|
Series 2019, GO, PSF-GTD, 5.00%, 8/1/2029
|
35
|
37
|
|
Birdville Independent School District, Unlimited Tax Series 2021, GO, PSF-GTD, 5.00%,
2/15/2026
|
440
|
446
|
|
Board of Regents of the University of Texas System
|
|
|
|
Series 2016 J, Rev., 5.00%, 8/15/2026
|
25
|
26
|
|
Series 2016B, Rev., 5.00%, 8/15/2026
|
45
|
46
|
|
Series 2016D, Rev., 5.00%, 8/15/2026
|
300
|
308
|
|
Series 2021A, Rev., 5.00%, 8/15/2027
|
95
|
99
|
|
Canutillo Independent School District, Unlimited Tax Series 2015, GO, PSF-GTD, 4.00%,
8/15/2025 (b)
|
940
|
941
|
|
Celina Independent School District, Unlimited Tax Series 2016, GO, PSF-GTD, 5.00%,
8/15/2029
|
1,300
|
1,316
|
|
Central Texas Regional Mobility Authority, Senior Lien
|
|
|
|
Series A, Rev., 5.00%, 7/1/2025 (b)
|
115
|
115
|
|
Rev., 5.00%, 1/1/2027
|
1,060
|
1,071
|
|
Central Texas Regional Mobility Authority, Subordinate Lien Series 2021C, Rev., BAN,
5.00%, 1/1/2027
|
3,355
|
3,388
|
|
City of Austin Water and Wastewater System
|
|
|
|
Series 2021, Rev., 5.00%, 11/15/2026
|
275
|
284
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
|
Municipal Bonds — continued
|
||
|
Texas — continued
|
||
|
Series 2022, Rev., 5.00%, 11/15/2026
|
300
|
309
|
|
Series 2024, Rev., 5.00%, 11/15/2028
|
1,000
|
1,069
|
|
City of Austin, Airport System Series 2017A, Rev., 5.00%, 11/15/2028
|
50
|
51
|
|
City of Austin, Water and Wastewater System Series 2017, Rev., 5.00%, 11/15/2028
|
280
|
293
|
|
City of Dallas Series 2017, GO, 5.00%, 2/15/2026
|
320
|
324
|
|
City of Dallas, Equipment Acquisition Contractual Obligation, GO, 5.00%, 2/15/2026
|
205
|
208
|
|
City of Denton, Utility System
|
|
|
|
Series 2017, Rev., 5.00%, 12/1/2027
|
225
|
231
|
|
Series 2017, Rev., 5.00%, 12/1/2028
|
125
|
128
|
|
City of Fort Worth
|
|
|
|
Series 2015A, GO, 5.00%, 3/1/2026
|
45
|
45
|
|
Series 2016, GO, 5.00%, 3/1/2026
|
90
|
91
|
|
City of Fort Worth Water and Sewer System
|
|
|
|
Series 2015A, Rev., 5.00%, 2/15/2026
|
25
|
25
|
|
Series 2020A, Rev., 5.00%, 2/15/2026
|
130
|
132
|
|
Series 2020A, Rev., 5.00%, 2/15/2027
|
165
|
171
|
|
City of Fort Worth, General Obligation, GO, 5.00%, 3/1/2026
|
30
|
30
|
|
City of Frisco Series 2015A, GO, 5.00%, 2/15/2027
|
90
|
90
|
|
City of Garland Series 2018, GO, 5.00%, 2/15/2027
|
75
|
78
|
|
City of Georgetown, Utilities System Series 2022, Rev., A.G., 5.00%, 8/15/2027
|
70
|
73
|
|
City of Houston
|
|
|
|
Series 2017A, GO, 5.00%, 3/1/2026
|
30
|
31
|
|
Series 2017A, GO, 5.00%, 3/1/2028
|
265
|
273
|
|
City of Houston Airport System, Subordinate Lien Series 2018D, Rev., 5.00%, 7/1/2027
|
65
|
68
|
|
City of Houston Combined Utility System, First Lien
|
|
|
|
Series 2016B, Rev., 5.00%, 11/15/2025
|
570
|
575
|
|
Series 2018D, Rev., 5.00%, 11/15/2025
|
20
|
20
|
|
Series 2021A, Rev., 5.00%, 11/15/2027
|
25
|
26
|
|
City of Houston, Airport System, Subordinate Lien
|
|
|
|
Series 2018D, Rev., 5.00%, 7/1/2025
|
75
|
75
|
|
Series 2020B, Rev., 5.00%, 7/1/2026
|
35
|
36
|
|
Series 2020B, Rev., 5.00%, 7/1/2027
|
25
|
26
|
|
Series 2023B, Rev., A.G., 5.00%, 7/1/2028
|
30
|
32
|
|
Series 2018B, Rev., 5.00%, 7/1/2030
|
85
|
89
|
|
City of Houston, Combined Utility System, First Lien
|
|
|
|
Series 2014D, Rev., 5.00%, 11/15/2026
|
20
|
20
|
|
Series 2024A, Rev., 5.00%, 11/15/2026
|
1,000
|
1,031
|
|
Series 2014D, Rev., 5.00%, 11/15/2027
|
20
|
20
|
|
Series 2015D, Rev., 5.00%, 11/15/2027
|
1,015
|
1,022
|
|
City of Houston, Public Improvement Series 2019A, GO, 5.00%, 3/1/2027
|
105
|
109
|
|
City of Lubbock Series 2018, GO, 5.00%, 2/15/2026
|
40
|
41
|
|
City of Lubbock, Electric Light and Power System
|
|
|
|
Series 2018, Rev., 5.00%, 4/15/2026
|
250
|
254
|
|
Series 2018, Rev., 5.00%, 4/15/2027
|
480
|
498
|
|
Series 2021, Rev., 5.00%, 4/15/2028
|
50
|
53
|
|
City of San Antonio
|
|
|
|
GO, 5.00%, 2/1/2027
|
2,120
|
2,197
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
|
Municipal Bonds — continued
|
||
|
Texas — continued
|
||
|
Series 2015, GO, 5.00%, 2/1/2027
|
35
|
35
|
|
City of San Antonio Electric and Gas Systems
|
|
|
|
Series 2016, Rev., 5.00%, 2/1/2026
|
175
|
177
|
|
Series 2017, Rev., 5.00%, 2/1/2026
|
55
|
56
|
|
Series 2018A, Rev., 5.00%, 2/1/2026
|
610
|
619
|
|
Series 2016, Rev., 5.00%, 2/1/2027
|
1,925
|
1,969
|
|
Rev., 5.00%, 2/1/2030
|
1,355
|
1,383
|
|
Series 2024D, Rev., 5.00%, 2/1/2030
|
1,000
|
1,086
|
|
City of San Antonio, Combination Tax, GO, 5.00%, 2/1/2029
|
1,125
|
1,205
|
|
City of San Antonio, Electric and Gas Systems Series 2018, Rev., 5.00%, 2/1/2027
|
505
|
522
|
|
City of San Antonio, General Improvement, GO, 5.00%, 8/1/2027
|
145
|
151
|
|
City of San Marcos Series 2014A, GO, 5.00%, 8/15/2025
|
75
|
75
|
|
Clint Independent School District Series 2015, GO, PSF-GTD, 5.00%, 8/15/2025 (b)
|
75
|
75
|
|
Colorado River Municipal Water District, Rev., 5.00%, 1/1/2026
|
100
|
101
|
|
Comal Independent School District, Unlimited Tax Series 2017, GO, PSF-GTD, 5.00%,
2/1/2028
|
35
|
35
|
|
Conroe Independent School District, Unlimited Tax Series 2019, GO, PSF-GTD, 5.00%,
2/15/2026
|
30
|
30
|
|
County of Bastrop, Combination Tax, GO, 5.00%, 8/1/2029
|
985
|
1,060
|
|
County of Bexar, Limited Tax
|
|
|
|
GO, 5.00%, 6/15/2026 (b)
|
65
|
67
|
|
Series 2017, GO, 5.00%, 6/15/2027
|
2,000
|
2,038
|
|
County of Dallas, GO, 5.00%, 8/15/2026
|
35
|
36
|
|
County of Fort Bend, Unlimited Tax
|
|
|
|
Series A, GO, 5.00%, 3/1/2027
|
90
|
91
|
|
Series A, GO, 5.00%, 3/1/2028
|
95
|
96
|
|
County of Harris Toll Road Series 2023A, Rev., 5.00%, 8/15/2029
|
865
|
935
|
|
County of Harris Toll Road, First Lien Series 2022A, Rev., 5.00%, 8/15/2026
|
270
|
277
|
|
County of Harris, First Lien Series 2022A, Rev., 5.00%, 8/15/2027
|
120
|
126
|
|
County of Harris, Senior Lien Series 2016A, Rev., 5.00%, 8/15/2026
|
30
|
31
|
|
County of Harris, Toll Road, Senior Lien
|
|
|
|
Series 2016A, Rev., 5.00%, 8/15/2028
|
80
|
82
|
|
Series 2016A, Rev., 5.00%, 8/15/2029
|
1,145
|
1,168
|
|
County of Hays Series 2017, GO, 5.00%, 2/15/2028
|
25
|
26
|
|
County of Williamson, Limited Tax Series 2015, GO, 5.00%, 8/15/2025
|
50
|
50
|
|
Cypress-Fairbanks Independent School District, Unlimited Tax, GO, PSF-GTD, 5.00%,
2/15/2028
|
3,350
|
3,536
|
|
Dallas Area Rapid Transit, Sales Tax, Senior Lien
|
|
|
|
Series 2016A, Rev., 5.00%, 12/1/2025 (b)
|
265
|
267
|
|
Series 2019, Rev., 5.00%, 12/1/2026
|
75
|
77
|
|
Dallas County Utility and Reclamation District, Unlimited Tax Series 2016, GO, 5.00%,
2/15/2028
|
300
|
314
|
|
Dallas Fort Worth International Airport
|
|
|
|
Series 2023B, Rev., 5.00%, 11/1/2025
|
4,000
|
4,028
|
|
Series 2021B, Rev., 5.00%, 11/1/2026
|
35
|
36
|
|
Series 2020A, Rev., 5.00%, 11/1/2027
|
65
|
68
|
|
Series 2020B, Rev., 5.00%, 11/1/2027
|
25
|
26
|
|
Series 2023B, Rev., 5.00%, 11/1/2027
|
1,000
|
1,049
|
|
Series 2023B, Rev., 5.00%, 11/1/2028
|
1,250
|
1,334
|
|
Dallas Independent School District, Unlimited Tax
|
|
|
|
GO, PSF-GTD, 4.00%, 2/15/2026
|
25
|
25
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
|
Municipal Bonds — continued
|
||
|
Texas — continued
|
||
|
Series 2020, GO, PSF-GTD, 5.00%, 2/15/2026
|
30
|
30
|
|
Deutsche Intermediate Tax-Free Fund Series 2015D, Rev., 5.00%, 11/15/2025
|
300
|
303
|
|
El Paso Independent School District Series 2015A, GO, PSF-GTD, 5.00%, 8/15/2025 (b)
|
185
|
186
|
|
Florence Independent School District, Unlimited Tax
|
|
|
|
GO, PSF-GTD, 3.00%, 8/15/2026
|
230
|
229
|
|
GO, PSF-GTD, 3.00%, 8/15/2027
|
115
|
114
|
|
Frisco Independent School District, Unlimited Tax Series 2017, GO, PSF-GTD, 4.00%,
8/15/2028
|
3,495
|
3,544
|
|
Grady Independent School District, Unlimited Tax Series 2018B, GO, PSF-GTD, 5.00%,
2/15/2026 (b)
|
45
|
46
|
|
Harris County Cultural Education Facilities Finance Corp., Memorial Hermann Health
System
|
|
|
|
Series 2020C-3, Rev., 5.00%, 12/1/2026 (d)
|
2,345
|
2,403
|
|
Series 2019A, Rev., 5.00%, 12/1/2027
|
20
|
21
|
|
Series 2024C, Rev., 5.00%, 7/1/2029 (d)
|
3,750
|
3,977
|
|
Houston Independent School District, Limited Tax Series 2025B, GO, PSF-GTD, 5.00%,
2/15/2027
|
4,250
|
4,406
|
|
Humble Independent School District Series 2016C, GO, 5.00%, 2/15/2026
|
100
|
101
|
|
Irving Independent School District Series 2015, GO, PSF-GTD, 5.00%, 2/15/2028
|
25
|
25
|
|
Katy Independent School District Series D, GO, PSF-GTD, 5.00%, 2/15/2026
|
240
|
243
|
|
Keller Independent School District, Unlimited Tax
|
|
|
|
Series 2014A, GO, PSF-GTD, 5.00%, 8/15/2026
|
25
|
25
|
|
Series 2015, GO, PSF-GTD, 5.00%, 8/15/2026
|
1,000
|
1,001
|
|
Lamar Consolidated Independent School District, Unlimited Tax Series 2018, GO, PSF-GTD,
5.00%, 2/15/2026
|
85
|
86
|
|
Lewisville Independent School District, Unlimited Tax
|
|
|
|
Series 2023, GO, PSF-GTD, 5.00%, 8/15/2026
|
825
|
846
|
|
GO, PSF-GTD, 5.00%, 8/15/2027 (f)
|
2,000
|
2,088
|
|
GO, PSF-GTD, 5.00%, 8/15/2028 (f)
|
2,250
|
2,392
|
|
GO, PSF-GTD, 5.00%, 8/15/2029 (f)
|
1,750
|
1,890
|
|
Lower Colorado River Authority Series 2015D, Rev., 5.00%, 5/15/2029
|
1,000
|
1,001
|
|
Lower Colorado River Authority, LCRA Transmission Services Corp., Project
|
|
|
|
Series 2023A, Rev., A.G., 5.00%, 5/15/2026
|
890
|
907
|
|
Series 2019, Rev., 5.00%, 5/15/2027
|
245
|
254
|
|
Series 2021, Rev., 5.00%, 5/15/2027
|
75
|
78
|
|
Series 2022, Rev., 5.00%, 5/15/2027
|
85
|
88
|
|
Series 2023, Rev., A.G., 5.00%, 5/15/2027
|
20
|
21
|
|
Series 2023A, Rev., A.G., 5.00%, 5/15/2027
|
60
|
62
|
|
Series 2019, Rev., 5.00%, 5/15/2028
|
80
|
84
|
|
Series 2022, Rev., 5.00%, 5/15/2028
|
275
|
290
|
|
Series 2023, Rev., A.G., 5.00%, 5/15/2028
|
20
|
21
|
|
Lytle Independent School District, Unlimited Tax, GO, PSF-GTD, 4.00%, 2/15/2028
|
255
|
262
|
|
Metropolitan Transit Authority of Harris County Sales and Use Tax, Rev., 5.00%, 11/1/2029
|
1,000
|
1,064
|
|
Mission Economic Development Corp., Waste Management, Inc. Project Series 2020A, Rev.,
AMT, VRDO, 3.95%, 9/1/2025 (d)
|
4,500
|
4,500
|
|
New Hope Cultural Education Facilities Finance Corp., Children's Health System of
Texas Project Series 2017A, Rev., 5.00%,
8/15/2029
|
1,750
|
1,812
|
|
North Harris County Regional Water Authority, Senior Lien
|
|
|
|
Series 2016, Rev., 5.00%, 12/15/2027
|
75
|
77
|
|
Series 2016, Rev., 5.00%, 12/15/2028
|
530
|
544
|
|
Series 2016, Rev., 5.00%, 12/15/2029
|
190
|
195
|
|
North Texas Tollway Authority Series 2016A, Rev., 5.00%, 1/1/2028
|
30
|
30
|
|
North Texas Tollway Authority, First Tier Series A, Rev., 5.00%, 1/1/2028
|
245
|
248
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
|
Municipal Bonds — continued
|
||
|
Texas — continued
|
||
|
North Texas Tollway Authority, Second Tier
|
|
|
|
Series 2020C, Rev., 5.00%, 1/1/2026
|
75
|
76
|
|
Series 2019B, Rev., 5.00%, 1/1/2027
|
75
|
77
|
|
Series B, Rev., 5.00%, 1/1/2027
|
295
|
298
|
|
Series 2019B, Rev., 5.00%, 1/1/2029
|
215
|
230
|
|
Series B, Rev., 5.00%, 1/1/2029
|
20
|
20
|
|
Northwest Independent School District, Unlimited Tax, GO, PSF-GTD, 5.00%, 2/15/2026 (b)
|
25
|
25
|
|
Permanent University Fund - Texas A&M University System
|
|
|
|
Series 2015A, Rev., 5.50%, 7/1/2025
|
95
|
95
|
|
Series 2017A, Rev., 5.00%, 7/1/2027
|
80
|
84
|
|
Plano Independent School District Series 2016A, GO, PSF-GTD, 5.00%, 2/15/2026
|
25
|
25
|
|
Plano Independent School District, Unlimited Tax
|
|
|
|
GO, PSF-GTD, 5.00%, 2/15/2027
|
3,500
|
3,627
|
|
GO, PSF-GTD, 5.00%, 2/15/2029
|
1,800
|
1,933
|
|
Rankin Independent School District, Unlimited Tax, GO, PSF-GTD, 5.00%, 2/15/2026 (b)
|
1,250
|
1,267
|
|
San Antonio Independent School District Series 2015, GO, PSF-GTD, 5.00%, 2/15/2026
|
110
|
110
|
|
San Antonio Public Facilities Corp., Convention Center Facility Project Series 2022,
Rev., 5.00%, 9/15/2028
|
20
|
21
|
|
Southwest Higher Education Authority, Inc., Southern Methodist University Project
Series 2016A, Rev., 5.00%, 10/1/2026
|
325
|
334
|
|
Spring Independent School District, Unlimited Tax Series 2024B, GO, 5.00%, 8/15/2029
|
500
|
539
|
|
State of Texas, College Student Loan Series 2013B, GO, AMT, 4.13%, 8/1/2030
|
1,500
|
1,500
|
|
State of Texas, Public Finance Authority Series 2017A, GO, 5.00%, 10/1/2027
|
1,500
|
1,572
|
|
State of Texas, Transportation Commission Mobility Fund
|
|
|
|
Series 2024, GO, 5.00%, 10/1/2027
|
2,585
|
2,713
|
|
Series 2015A, GO, 5.00%, 10/1/2028
|
1,000
|
1,005
|
|
Series 2024, GO, 5.00%, 10/1/2028
|
4,000
|
4,272
|
|
GO, 5.00%, 10/1/2030
|
1,200
|
1,316
|
|
State of Texas, Veterans Series 2011A, GO, VRDO, LIQ : State Street Bank & Trust Co.,
1.60%, 6/12/2025 (d)
|
9,275
|
9,275
|
|
State of Texas, Veterans Housing Assistance Program Series 2008B, GO, VRDO, LIQ :
State Street Bank & Trust Co., 1.60%,
6/12/2025 (d)
|
4,365
|
4,365
|
|
State of Texas, Water Financial Assistance
|
|
|
|
Series 2018B-3, GO, 5.00%, 8/1/2026 (b)
|
50
|
51
|
|
Series 2021B, GO, 4.00%, 8/1/2029
|
410
|
411
|
|
Tarrant County College District Series 2020, GO, 5.00%, 8/15/2026
|
105
|
108
|
|
Tarrant County Cultural Education Facilities Finance Corp., Baylor Scott & White Health
Project Series 2022F, Rev., 5.00%,
11/15/2030 (d)
|
1,100
|
1,175
|
|
Tarrant Regional Water District Water Supply System Series 2015, Rev., 5.00%, 3/1/2028
|
25
|
25
|
|
Texas Department of Transportation State Highway Fund, First Tier
|
|
|
|
Rev., 5.25%, 4/1/2026
|
25
|
26
|
|
Series 2015, Rev., 5.00%, 10/1/2026
|
55
|
57
|
|
Texas Home Collaborative, 1518 Apartments Series 2023, Rev., 5.00%, 10/1/2026 (d)
|
3,325
|
3,349
|
|
Texas Municipal Gas Acquisition and Supply Corp. IV, Gas Supply Series 2023A, Rev.,
5.50%, 1/1/2030 (d)
|
2,010
|
2,124
|
|
Texas Public Finance Authority
|
|
|
|
Series 2019, Rev., 5.00%, 2/1/2026
|
30
|
30
|
|
Rev., 5.00%, 2/1/2027
|
25
|
26
|
|
Texas State Technical College Series 2022A, Rev., A.G., 5.00%, 8/1/2028
|
385
|
409
|
|
Texas State University System Series 2017A, Rev., 5.00%, 3/15/2026
|
100
|
102
|
|
Texas Tech University System Series 2017A, Rev., 5.00%, 2/15/2026
|
110
|
112
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
|
Municipal Bonds — continued
|
||
|
Texas — continued
|
||
|
Texas Water Development Board, State Revolving Fund Series 2020, Rev., 5.00%, 8/1/2026
|
140
|
144
|
|
Tomball Independent School District, Unlimited Tax, GO, PSF-GTD, 5.00%, 2/15/2028 (b)
|
600
|
630
|
|
Travis County Water Control and Improvement District No. 17, Texas Steiner Ranch Defined
Area Unlimited Tax, GO, 4.00%,
5/1/2026
|
280
|
282
|
|
Trinity River Authority, Central Regional Wastewater System
|
|
|
|
Series 2016, Rev., 5.00%, 8/1/2026
|
205
|
210
|
|
Series 2019, Rev., 5.00%, 8/1/2026
|
100
|
102
|
|
Series 2017, Rev., 5.00%, 8/1/2029
|
25
|
26
|
|
Trinity River Authority, Water Project, Rev., 5.00%, 2/1/2026
|
390
|
395
|
|
University of Houston
|
|
|
|
Series 2016A, Rev., 4.00%, 2/15/2026
|
20
|
20
|
|
Series 2020A, Rev., 5.00%, 2/15/2026
|
100
|
101
|
|
Series 2016A, Rev., 4.00%, 2/15/2027
|
25
|
25
|
|
Series 2017C, Rev., 5.00%, 2/15/2028
|
40
|
41
|
|
University of North Texas System Series 2017A, Rev., 5.00%, 4/15/2028
|
125
|
129
|
|
Upper Trinity Regional Water District, Water Supply System Series 2020, Rev., 5.00%,
8/1/2025
|
1,000
|
1,003
|
|
Total Texas
|
|
126,595
|
|
Utah — 0.1%
|
||
|
Alpine School District, Utah School Bond Guaranty Program Series 2017, GO, 5.00%,
3/15/2026
|
25
|
25
|
|
Provo City School District Municipal Building Authority Series 2022, Rev., 5.00%,
3/15/2027
|
195
|
202
|
|
University of Utah (The) Series 2017A, Rev., 5.00%, 8/1/2026
|
75
|
77
|
|
Utah Infrastructure Agency, Tax-Exempt Telecommunications, Rev., 3.00%, 10/15/2025
|
125
|
125
|
|
Utah Transit Authority Series 2015A, Rev., 5.00%, 6/15/2025 (b)
|
2,000
|
2,001
|
|
Utah Transit Authority, Sales Tax Series 2015A, Rev., 5.00%, 6/15/2025
|
400
|
400
|
|
Total Utah
|
|
2,830
|
|
Virginia — 4.7%
|
||
|
Alexandria Redevelopment and Housing Authority, Multi-Family Housing 431 S Columbus
State Block 4 Series 2024, Rev.,
3.40%, 12/1/2025 (d)
|
1,500
|
1,500
|
|
City of Harrisonburg Series 2021A, GO, 5.00%, 7/15/2025
|
175
|
175
|
|
City of Portsmouth Series 2017A, GO, 5.00%, 7/15/2026
|
70
|
72
|
|
City of Richmond
|
|
|
|
Series 2017D, GO, 5.00%, 3/1/2026
|
25
|
25
|
|
Series 2017D, GO, 5.00%, 3/1/2027
|
30
|
31
|
|
County of Fairfax Series 2016A, GO, 5.00%, 4/1/2026 (b)
|
40
|
41
|
|
County of Henrico Water and Sewer, Rev., 5.00%, 5/1/2026 (b)
|
1,000
|
1,018
|
|
Fairfax County Industrial Development Authority, Virginia Health Care, Inova Health
System Project Series 2018C, Rev., VRDO,
1.71%, 6/12/2025 (d)
|
22,000
|
22,000
|
|
Hampton Roads Sanitation District
|
|
|
|
Series 2024A, Rev., 5.00%, 11/1/2025
|
1,500
|
1,513
|
|
Series 2016A, Rev., 5.00%, 8/1/2026 (b)
|
50
|
51
|
|
Hampton Roads Transportation Accountability Commission, Transportation Fund, Senior
Lien Series 2021A, Rev., BAN, 5.00%,
7/1/2026 (b)
|
8,495
|
8,680
|
|
Lynchburg Economic Development Authority, Centra Health Obligated Group Series 2017B,
Rev., VRDO, LOC : Truist Bank,
1.50%, 6/2/2025 (d)
|
15,000
|
15,000
|
|
Roanoke Economic Development Authority, Carilion Health System Obligated Group Series
2005A, Rev., VRDO, LIQ : PNC Bank
NA, 1.65%, 6/12/2025 (d)
|
30,000
|
30,000
|
|
Virginia College Building Authority Series 2023A, Rev., 5.00%, 2/1/2028
|
50
|
53
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
|
Municipal Bonds — continued
|
||
|
Virginia — continued
|
||
|
Virginia College Building Authority Educational Facilities, 21St Century College and
Equipment Programs
|
|
|
|
Series 2014B, Rev., 4.00%, 9/1/2025
|
20
|
20
|
|
Series 2020A, Rev., 5.00%, 2/1/2026
|
260
|
264
|
|
Series A, Rev., 5.00%, 2/1/2026
|
125
|
127
|
|
Series 2020A, Rev., 5.00%, 2/1/2027
|
125
|
129
|
|
Series 2017A, Rev., 5.00%, 9/1/2027
|
50
|
52
|
|
Virginia Commonwealth Transportation Board, Rev., GAN, 5.00%, 3/15/2027
|
70
|
73
|
|
Virginia Commonwealth Transportation Board, Capital Projects Series 2017A, Rev., 5.00%,
5/15/2026
|
75
|
76
|
|
Virginia Commonwealth Transportation Board, Federal Transportation
|
|
|
|
Rev., GAN, 5.00%, 9/15/2026
|
20
|
21
|
|
Rev., GAN, 5.00%, 9/15/2028
|
750
|
782
|
|
Virginia Public Building Authority
|
|
|
|
Series 2017A, Rev., 4.00%, 8/1/2027
|
830
|
850
|
|
Series 2020B, Rev., 5.00%, 8/1/2027
|
25
|
26
|
|
Virginia Small Business Financing Authority, Environmental Facilities Pure Salmon
Virginia LLC Project, Rev., AMT, 4.00%,
11/20/2025 (d)
|
3,350
|
3,351
|
|
Wise County Industrial Development Authority, Electric and Power Co., Project Series
2009A, Rev., 0.75%, 9/2/2025 (d)
|
22,765
|
22,522
|
|
Total Virginia
|
|
108,452
|
|
Washington — 1.8%
|
||
|
Auburn School District No. 408 of King and Pierce Counties, Unlimited Tax Series 2020,
GO, 5.00%, 12/1/2025
|
25
|
25
|
|
Central Puget Sound Regional Transit Authority Series 2021S 1, Rev., 5.00%, 11/1/2025
|
945
|
953
|
|
Central Puget Sound Regional Transit Authority, Sales and Use Tax Series 2015S-1,
Rev., 5.00%, 11/1/2025 (b)
|
550
|
555
|
|
City of Seattle Municipal Light and Power
|
|
|
|
Series 2018A, Rev., 5.00%, 1/1/2026
|
185
|
187
|
|
Series 2019B, Rev., 5.00%, 2/1/2026
|
100
|
101
|
|
Clark County Public Utility District No. 1 Electric
|
|
|
|
Series 2024, Rev., 5.00%, 1/1/2027
|
1,600
|
1,656
|
|
Series 2024, Rev., 5.00%, 1/1/2030
|
875
|
948
|
|
County of King Sewer Series 2016B, Rev., 5.00%, 7/1/2025
|
40
|
40
|
|
Energy Northwest, Columbia Generating Station Series 2025A, Rev., 5.00%, 7/1/2029
|
2,400
|
2,599
|
|
Energy Northwest, Project 1
|
|
|
|
Series 2024B, Rev., 5.00%, 7/1/2026
|
2,420
|
2,474
|
|
Series 2017-A, Rev., 5.00%, 7/1/2027
|
250
|
261
|
|
Series 2020A, Rev., 5.00%, 7/1/2027
|
85
|
89
|
|
Series 2024B, Rev., 5.00%, 7/1/2027
|
1,000
|
1,045
|
|
Series 2025A, Rev., 5.00%, 7/1/2027
|
1,810
|
1,891
|
|
Series 2025A, Rev., 5.00%, 7/1/2028
|
2,500
|
2,664
|
|
Energy Northwest, Project 3 Electric Series 2024B, Rev., 5.00%, 7/1/2028
|
130
|
139
|
|
Franklin County School District No. 1 Pasco, Unlimited Tax Series 2015, GO, 5.00%,
12/1/2025
|
3,600
|
3,604
|
|
FYI Properties Series 2019, Rev., 5.00%, 6/1/2025
|
50
|
50
|
|
FYI Properties, State of Washington District Project Series 2019, Rev., 5.00%, 6/1/2027
|
45
|
47
|
|
Pierce County School District No. 10 Tacoma Series 2015, GO, 5.00%, 12/1/2025 (b)
|
1,000
|
1,010
|
|
Pierce County School District No. 10 Tacoma, Unlimited Tax
|
|
|
|
GO, 5.00%, 12/1/2025 (b)
|
25
|
25
|
|
Series 2015, GO, 5.00%, 12/1/2025 (b)
|
4,290
|
4,333
|
|
Pierce County School District No. 3 Puyallup, Unlimited Tax Series 2022B, GO, 5.00%,
12/1/2025
|
35
|
35
|
|
Pierce County School District No. 320 Sumner Series 2016, GO, 5.00%, 12/1/2025
|
40
|
40
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
|
Municipal Bonds — continued
|
||
|
Washington — continued
|
||
|
Port of Seattle, Intermediate Lien
|
|
|
|
Series 2016, Rev., 5.00%, 2/1/2026
|
55
|
56
|
|
Series 2022A, Rev., 5.00%, 8/1/2026
|
60
|
62
|
|
Series 2016, Rev., 5.00%, 2/1/2027
|
465
|
471
|
|
Series C, Rev., AMT, 5.00%, 4/1/2027
|
1,400
|
1,401
|
|
Series A, Rev., 5.00%, 5/1/2027
|
45
|
47
|
|
Series 2022A, Rev., 5.00%, 8/1/2027
|
250
|
261
|
|
Rev., 5.00%, 2/1/2028
|
165
|
167
|
|
Series 2022A, Rev., 5.00%, 8/1/2028
|
145
|
154
|
|
Series 2016, Rev., 5.00%, 2/1/2029
|
155
|
157
|
|
State of Washington
|
|
|
|
Series R-2022B, GO, 5.00%, 2/1/2029
|
2,745
|
2,954
|
|
Series 2024A, GO, 5.00%, 8/1/2029
|
1,000
|
1,085
|
|
State of Washington Motor Vehicle Fuel Tax Series R-2021A, GO, 5.00%, 6/1/2027
|
125
|
130
|
|
State of Washington, Various Purpose
|
|
|
|
Series 2017D, GO, 5.00%, 2/1/2026
|
30
|
30
|
|
Series 2019C, GO, 5.00%, 2/1/2026
|
145
|
147
|
|
Series 2024C, GO, 5.00%, 2/1/2026
|
260
|
264
|
|
Series 2025C, GO, 5.00%, 2/1/2026
|
25
|
25
|
|
Series R-2017A, GO, 5.00%, 8/1/2026
|
110
|
113
|
|
Series R-2018C, GO, 5.00%, 8/1/2026
|
50
|
51
|
|
Series 2020C, GO, 5.00%, 2/1/2027
|
55
|
57
|
|
Series 2021C, GO, 5.00%, 2/1/2027
|
30
|
31
|
|
Series 2024C, GO, 5.00%, 2/1/2027
|
1,320
|
1,367
|
|
Series 2018A, GO, 5.00%, 8/1/2027
|
40
|
42
|
|
Series 2020A, GO, 5.00%, 8/1/2027
|
85
|
89
|
|
Series R-2017A, GO, 5.00%, 8/1/2027
|
40
|
41
|
|
Series R-2018 D, GO, 5.00%, 8/1/2027
|
135
|
141
|
|
Series 2016B, GO, 5.00%, 7/1/2029
|
4,375
|
4,420
|
|
Washington Health Care Facilities Authority, Commonspirit Health Series 2019B-3, Rev.,
5.00%, 8/1/2026 (d)
|
115
|
116
|
|
Washington Health Care Facilities Authority, Fred Hutchinson Cancer Research Center
Series 2015, Rev., 5.00%, 7/1/2025 (b)
|
25
|
25
|
|
Washington Health Care Facilities Authority, Yakima Valley Memorial Hospital Association
Rev., 5.00%, 12/1/2026 (b)
|
1,705
|
1,748
|
|
Washington State Housing Finance Commission, Herons Key Senior Living Series A, Rev.,
7.00%, 7/1/2025 (b) (e)
|
1,800
|
1,805
|
|
Total Washington
|
|
42,228
|
|
West Virginia — 0.3%
|
||
|
West Virginia Commissioner of Highways
|
|
|
|
Series 2017A, Rev., 5.00%, 9/1/2025
|
20
|
20
|
|
Series 2017A, Rev., 5.00%, 9/1/2027
|
120
|
125
|
|
Series 2017A, Rev., 5.00%, 9/1/2028
|
375
|
390
|
|
Series 2017A, Rev., 5.00%, 9/1/2029
|
30
|
31
|
|
West Virginia Economic Development Authority, Correctional Juvenile and Public Safety
Facilities Series 2012A, Rev., 5.00%,
6/1/2025
|
1,625
|
1,625
|
|
West Virginia Economic Development Authority, Solid Waste Disposal Facilities, Appalachian
Power Co. Amos Project Series
2011A, Rev., AMT, 1.00%, 9/1/2025 (d)
|
5,650
|
5,600
|
|
West Virginia Parkways Authority, Senior Lien, Rev., 5.00%, 6/1/2026
|
20
|
21
|
|
Total West Virginia
|
|
7,812
|
|
INVESTMENTS
|
PRINCIPAL
AMOUNT
($000)
|
VALUE
($000)
|
|
Municipal Bonds — continued
|
||
|
Wisconsin — 1.4%
|
||
|
County of Dane Series 2023A, GO, 5.00%, 6/1/2027
|
405
|
423
|
|
Public Finance Authority, KU Campus Development Corp., Center District Development
Project Series 2016, Rev., 5.00%,
3/1/2026
|
120
|
122
|
|
State of Wisconsin
|
|
|
|
Series 2016-2, GO, 5.00%, 11/1/2026
|
50
|
51
|
|
Series 2025 2, GO, 5.00%, 5/1/2029
|
1,000
|
1,079
|
|
Series 2025A, GO, 5.00%, 5/1/2030
|
1,000
|
1,094
|
|
State of Wisconsin, Annual Appropriation Series 2019A, Rev., 5.00%, 5/1/2026 (b)
|
25
|
25
|
|
Wisconsin Department of Transportation
|
|
|
|
Series 2017-1, Rev., 5.00%, 7/1/2025
|
350
|
351
|
|
Series 2017-1, Rev., 5.00%, 7/1/2026
|
45
|
46
|
|
Series 2017-2, Rev., 5.00%, 7/1/2026
|
100
|
102
|
|
Series 2021A, Rev., 5.00%, 7/1/2026
|
20
|
20
|
|
Series 2025 1, Rev., 5.00%, 7/1/2029
|
2,000
|
2,165
|
|
Series 2025 1, Rev., 5.00%, 7/1/2030
|
1,000
|
1,098
|
|
Wisconsin Health and Educational Facilities Authority, Ascension Health Credit Group
Series 2016A, Rev., 5.00%, 11/15/2027
|
515
|
524
|
|
Wisconsin Health and Educational Facilities Authority, Ascension Senior Credit Group
|
|
|
|
Series 2016A, Rev., 4.00%, 5/15/2026 (b)
|
4,605
|
4,641
|
|
Series 2016A, Rev., 5.00%, 11/15/2026
|
350
|
357
|
|
Series 2016A, Rev., 5.00%, 11/15/2028
|
595
|
604
|
|
Wisconsin Health and Educational Facilities Authority, Froedtert Health, Inc., Obligated
Group Series 2021B, Rev., VRDO, LIQ :
US Bank NA, 1.55%, 6/2/2025 (d)
|
20,000
|
20,000
|
|
Wisconsin Health and Educational Facilities Authority, Hospital Sisters Services,
Inc., Obligated Group Series 2014A, Rev.,
5.00%, 11/15/2025
|
220
|
220
|
|
Wisconsin Health and Educational Facilities Authority, Unity Point Health Series 2014A,
Rev., 5.00%, 12/1/2025
|
175
|
175
|
|
Total Wisconsin
|
|
33,097
|
|
Total Municipal Bonds
(Cost $2,127,557)
|
|
2,127,115
|
|
|
SHARES
(000)
|
|
|
Short-Term Investments — 7.8%
|
||
|
Investment Companies — 7.8%
|
||
|
JPMorgan Institutional Tax Free Money Market Fund Class IM Shares, 2.30% (g) (h)
(Cost $179,943)
|
179,932
|
179,950
|
|
Total Investments — 100.3%
(Cost $2,307,500)
|
|
2,307,065
|
|
Liabilities in Excess of Other Assets — (0.3)%
|
|
(5,995
)
|
|
NET ASSETS — 100.0%
|
|
2,301,070
|
|
Percentages indicated are based on net assets.
|
|
Abbreviations
|
|
|
A.G.
|
Insured by Assured Guaranty Inc.
|
|
AMBAC
|
Insured by American Municipal Bond Assurance Corp.
|
|
AMT
|
Alternative Minimum Tax
|
|
BAN
|
Bond Anticipation Note
|
|
COP
|
Certificate of Participation
|
|
CR
|
Custodial Receipts
|
|
FHA
|
Federal Housing Administration
|
|
FHLMC
|
Federal Home Loan Mortgage Corp.
|
|
FNMA
|
Federal National Mortgage Association
|
|
GAN
|
Grant Anticipation Notes
|
|
GNMA
|
Government National Mortgage Association
|
|
GO
|
General Obligation
|
|
GTD
|
Guaranteed
|
|
LIQ
|
Liquidity Agreement
|
|
LOC
|
Letter of Credit
|
|
NATL
|
Insured by National Public Finance Guarantee Corp.
|
|
PSF-GTD
|
Permanent School Fund Guaranteed
|
|
RAN
|
Revenue Anticipation Note
|
|
RE
|
Reinsured
|
|
Rev.
|
Revenue
|
|
SCSDE
|
South Carolina School District Enhancement
|
|
SIFMA
|
The Securities Industry and Financial Markets Association
|
|
SOFR
|
Secured Overnight Financing Rate
|
|
VRDO
|
Variable Rate Demand Obligation
|
|
^
|
Amount rounds to less than 0.1% of net assets.
|
|
|
(a)
|
The date shown represents the earliest of the prerefunded date, next put date or final
maturity date.
|
|
|
(b)
|
Security is prerefunded or escrowed to maturity.
|
|
|
(c)
|
Variable or floating rate security, linked to the referenced benchmark. The interest
rate shown is the current rate as of May 31, 2025.
|
|
|
(d)
|
Variable or floating rate security, the interest rate of which adjusts periodically
based on changes in current interest rates and prepayments
on the underlying pool of assets. The interest rate shown is the current rate as of
May 31, 2025.
|
|
|
(e)
|
Securities exempt from registration under Rule 144A or section 4(a)(2), of the Securities
Act of 1933, as amended.
|
|
|
(f)
|
All or a portion of the security is a when-issued security, delayed delivery security,
or forward commitment.
|
|
|
(g)
|
Investment in an affiliated fund, which is registered under the Investment Company
Act of 1940, as amended, and is advised by J.P. Morgan
Investment Management Inc.
|
|
|
(h)
|
The rate shown is the current yield as of May 31, 2025.
|
|
|
|
|
|
|
|
|
|
Level 1
Quoted prices
|
Level 2
Other significant
observable inputs
|
Level 3
Significant
unobservable inputs
|
Total
|
|
Investments in Securities
|
|
|
|
|
|
Municipal Bonds
|
$—
|
$2,127,115
|
$—
|
$2,127,115
|
|
Short-Term Investments
|
|
|
|
|
|
Investment Companies
|
179,950
|
—
|
—
|
179,950
|
|
Total Investments in Securities
|
$179,950
|
$2,127,115
|
$—
|
$2,307,065
|
|
|
|||||||||
|
For the period ended May 31, 2025
|
|||||||||
|
Security Description
|
Value at
February 28,
2025
|
Purchases at
Cost
|
Proceeds from
Sales
|
Net Realized
Gain (Loss)
|
Change in
Unrealized
Appreciation/
(Depreciation)
|
Value at
May 31,
2025
|
Shares at
May 31,
2025
|
Dividend
Income
|
Capital Gain
Distributions
|
|
JPMorgan Institutional Tax Free Money Market
Fund Class IM Shares, 2.30% (a) (b)
|
$217,364
|
$446,503
|
$483,917
|
$—
(c)
|
$—
(c)
|
$179,950
|
179,932
|
$1,189
|
$—
|
|
|
|
|
(a)
|
Investment in an affiliated fund, which is registered under the Investment Company
Act of 1940, as amended, and is advised by J.P. Morgan
Investment Management Inc.
|
|
(b)
|
The rate shown is the current yield as of May 31, 2025.
|
|
(c)
|
Amount rounds to less than one thousand.
|