|
|
Interest
Rate
|
Maturity
Date
|
Principal
Amount
(000)
|
Value
|
|
|
Municipal Obligations–98.43%
|
|||||
|
California–95.64%
|
|
|
|||
|
Adelanto (City of), CA Public Financing Authority; Series 1996 B, RB
|
6.30%
|
09/01/2028
|
|
$780
|
$785,978
|
|
Alameda (County of), CA Redevelopment Successor Agency (Eden Area Redevelopment);
Series 2006 A, RB (INS - NATL)(a)
|
4.38%
|
08/01/2030
|
|
10
|
10,003
|
|
Bay Area Toll Authority; Series 2024 H, VRD RB(b)
|
0.85%
|
04/01/2059
|
|
12,500
|
12,500,000
|
|
Beaumont (City of), CA Financing Authority (Improvement Area No. 19A); Series 2015
B, Ref. RB
|
5.00%
|
09/01/2025
|
|
260
|
260,932
|
|
Blythe (City of), CA Financing Authority (City Hall & County Courthouse); Series 1997,
RB (INS -
NATL)(a)
|
5.50%
|
09/01/2027
|
|
40
|
40,026
|
|
Burbank-Glendale-Pasadena Airport Authority;
|
|
|
|
|
|
|
Series 2024 B, RB(c)
|
5.25%
|
07/01/2040
|
|
2,250
|
2,368,362
|
|
Series 2024 B, RB(c)
|
5.25%
|
07/01/2042
|
|
3,000
|
3,111,154
|
|
Series 2024 B, RB(c)
|
5.25%
|
07/01/2044
|
|
4,250
|
4,376,573
|
|
California (State of);
|
|
|
|
|
|
|
Series 1996, GO Bonds (INS - FGIC)(a)
|
5.38%
|
06/01/2026
|
|
20
|
20,245
|
|
Series 1996, GO Bonds (INS - NATL)(a)
|
5.38%
|
06/01/2026
|
|
10
|
10,122
|
|
Series 1997, GO Bonds (INS - NATL)(a)
|
5.63%
|
10/01/2026
|
|
5
|
5,045
|
|
Series 1997, GO Bonds
|
5.13%
|
10/01/2027
|
|
15
|
15,025
|
|
Series 2000, GO Bonds
|
5.63%
|
05/01/2026
|
|
10
|
10,021
|
|
Series 2001, GO Bonds
|
5.20%
|
11/01/2031
|
|
5
|
5,008
|
|
Series 2002, GO Bonds (INS - SGI)(a)
|
5.00%
|
10/01/2028
|
|
5
|
5,007
|
|
Series 2023, Ref. GO Bonds
|
5.00%
|
10/01/2042
|
|
5,000
|
5,159,087
|
|
California (State of) Community Choice Financing Authority (Clean Energy); Series
2024, RB(d)
|
5.00%
|
04/01/2032
|
|
5,000
|
5,249,604
|
|
California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds);
|
|
|
|
|
|
|
Series 2023, RB(d)
|
5.25%
|
04/01/2030
|
|
6,930
|
7,272,530
|
|
Series 2024, RB(d)
|
5.00%
|
08/01/2032
|
|
2,500
|
2,572,064
|
|
California (State of) Community Choice Financing Authority (Green Bonds);
|
|
|
|
|
|
|
Series 2023 C, RB(d)
|
5.25%
|
10/01/2031
|
|
5,000
|
5,178,600
|
|
Series 2023 D, RB(d)
|
5.50%
|
11/01/2028
|
|
7,000
|
7,346,480
|
|
California (State of) Community College Financing Authority (Grossmont-Cuyamaca Community
College District, Palomar Community College District & Shasta-Tehama-Trinity Joint
Community
College District); Series 2001 A, RB (INS - NATL)(a)
|
5.63%
|
04/01/2026
|
|
150
|
151,074
|
|
California (State of) Community College Financing Authority (NCCD - Orange Coast Properties
LLC -
Orange Coast College); Series 2018, RB
|
5.00%
|
05/01/2033
|
|
600
|
623,376
|
|
California (State of) County Tobacco Securitization Agency; Series 2007 A, RB
|
5.00%
|
06/01/2036
|
|
3,780
|
3,592,649
|
|
California (State of) County Tobacco Securitization Agency (Alameda County Tobacco
Asset
Securitization Corp.); Series 2002, RB
|
6.00%
|
06/01/2042
|
|
4,110
|
4,141,102
|
|
California (State of) County Tobacco Securitization Agency (Fresno County Tobacco
Funding
Corp.); Series 2002, RB
|
6.00%
|
06/01/2035
|
|
660
|
661,010
|
|
California (State of) County Tobacco Securitization Agency (Los Angeles County Securitization
Corp.); Series 2020 A, Ref. RB
|
4.00%
|
06/01/2049
|
|
2,305
|
1,959,148
|
|
California (State of) County Tobacco Securitization Agency (Sonoma County Securitization
Corp.);
Series 2020, Ref. RB
|
5.00%
|
06/01/2049
|
|
345
|
335,141
|
|
California (State of) County Tobacco Securitization Agency (Stanislaus County Tobacco
Funding
Corp.); Series 2002 A, RB
|
5.88%
|
06/01/2043
|
|
165
|
165,187
|
|
California (State of) Educational Facilities Authority;
|
|
|
|
|
|
|
Series 2015, Ref. RB(d)(e)
|
5.00%
|
11/01/2025
|
|
115
|
116,023
|
|
Series 2015, Ref. RB
|
5.00%
|
11/01/2036
|
|
1,735
|
1,740,143
|
|
California (State of) Educational Facilities Authority (Loma Linda University); Series
2017 A, Ref.
RB
|
5.00%
|
04/01/2030
|
|
710
|
724,449
|
|
California (State of) Enterprise Development Authority (Heights Christian Schools);
Series 2023 A,
RB(f)
|
6.00%
|
06/01/2043
|
|
4,690
|
4,451,057
|
|
California (State of) Enterprise Development Authority (Real Journey Academies Obligated
Group);
|
|
|
|
|
|
|
Series 2024 A, RB(f)
|
5.00%
|
06/01/2034
|
|
1,000
|
1,015,306
|
|
Series 2024 A, RB(f)
|
5.00%
|
06/01/2044
|
|
2,300
|
2,196,701
|
|
California (State of) Enterprise Development Authority (Rocklin Academy (The));
|
|
|
|
|
|
|
Series 2024, RB(f)
|
5.00%
|
06/01/2034
|
|
500
|
512,740
|
|
Series 2024, RB(f)
|
5.00%
|
06/01/2044
|
|
750
|
721,493
|
|
|
Interest
Rate
|
Maturity
Date
|
Principal
Amount
(000)
|
Value
|
|
|
California–(continued)
|
|||||
|
California (State of) Health Facilities Financing Authority (Cedars-Sinai Medical
Center);
Series 2015, Ref. RB
|
5.00%
|
11/15/2032
|
|
$1,750
|
$1,759,160
|
|
California (State of) Health Facilities Financing Authority (City of Hope);
|
|
|
|
|
|
|
Series 2012 A, RB
|
5.00%
|
11/15/2032
|
|
4,275
|
4,279,986
|
|
Series 2012 A, RB
|
5.00%
|
11/15/2035
|
|
12,280
|
12,291,601
|
|
Series 2012 A, RB
|
5.00%
|
11/15/2039
|
|
4,905
|
4,907,199
|
|
California (State of) Health Facilities Financing Authority (Commonspirit Health);
Series 2020 A,
Ref. RB
|
4.00%
|
04/01/2040
|
|
2,500
|
2,325,240
|
|
California (State of) Health Facilities Financing Authority (El Camino Hospital);
|
|
|
|
|
|
|
Series 2015 A, Ref. RB
|
5.00%
|
02/01/2032
|
|
1,750
|
1,755,598
|
|
Series 2015 A, Ref. RB
|
5.00%
|
02/01/2033
|
|
3,000
|
3,009,517
|
|
Series 2015 A, Ref. RB
|
5.00%
|
02/01/2040
|
|
5,200
|
5,200,809
|
|
California (State of) Health Facilities Financing Authority (Northern California Presbyterian
Homes &
Services, Inc.); Series 2015, Ref. RB (INS - Cal-Mortgage)(a)
|
5.00%
|
07/01/2044
|
|
2,300
|
2,300,515
|
|
California (State of) Health Facilities Financing Authority (Providence Health & Services);
|
|
|
|
|
|
|
Series 2014 A, RB
|
5.00%
|
10/01/2029
|
|
500
|
500,612
|
|
Series 2014 A, RB
|
5.00%
|
10/01/2030
|
|
700
|
700,775
|
|
Series 2014 A, RB
|
5.00%
|
10/01/2038
|
|
3,420
|
3,420,804
|
|
Series 2014 B, RB
|
5.00%
|
10/01/2044
|
|
5,000
|
4,999,769
|
|
California (State of) Health Facilities Financing Authority (Sutter Health);
|
|
|
|
|
|
|
Series 2017 A, Ref. RB
|
5.00%
|
11/15/2032
|
|
1,800
|
1,873,208
|
|
Series 2017 A, Ref. RB
|
5.00%
|
11/15/2035
|
|
1,500
|
1,546,010
|
|
California (State of) Housing Finance Agency;
|
|
|
|
|
|
|
Series 2019 A-2, RB
|
4.00%
|
03/20/2033
|
|
7,746
|
7,695,875
|
|
Series 2021-1A, Revenue Ctfs.
|
3.50%
|
11/20/2035
|
|
5,268
|
4,893,658
|
|
California (State of) Infrastructure & Economic Development Bank (Brightline West
Passenger Rail)
(Green Bonds); Series 2025 B, Ref. RB(c)(d)(f)
|
9.50%
|
01/01/2035
|
|
2,000
|
1,938,543
|
|
California (State of) Infrastructure & Economic Development Bank (California Science
Center Phase
II);
|
|
|
|
|
|
|
Series 2016 A, Ref. RB
|
5.00%
|
05/01/2027
|
|
1,505
|
1,545,368
|
|
Series 2016 A, Ref. RB
|
5.00%
|
05/01/2028
|
|
775
|
795,372
|
|
Series 2016 A, Ref. RB
|
5.00%
|
05/01/2029
|
|
910
|
932,907
|
|
Series 2016 A, Ref. RB
|
5.00%
|
05/01/2030
|
|
740
|
757,771
|
|
Series 2016 A, Ref. RB
|
5.00%
|
05/01/2031
|
|
910
|
931,092
|
|
California (State of) Infrastructure & Economic Development Bank (Segerstrom Center
for the
Arts); Series 2016, Ref. RB
|
5.00%
|
07/01/2026
|
|
5,000
|
5,096,812
|
|
California (State of) Municipal Finance Authority (American Heritage Education Foundation);
Series 2016 A, Ref. RB
|
5.00%
|
06/01/2036
|
|
1,000
|
1,004,391
|
|
California (State of) Municipal Finance Authority (Bold Program); Series 2021 A, RB
|
4.00%
|
09/01/2051
|
|
1,500
|
1,200,641
|
|
California (State of) Municipal Finance Authority (CHF-Davis I, LLC - West Village
Student Housing);
|
|
|
|
|
|
|
Series 2018, RB (INS - BAM)(a)
|
5.00%
|
05/15/2033
|
|
6,385
|
6,701,739
|
|
Series 2018, RB
|
5.00%
|
05/15/2037
|
|
2,500
|
2,549,455
|
|
California (State of) Municipal Finance Authority (CHF-Riverside I, LLC - UCR Dundee-Glasgow
Student Housing);
|
|
|
|
|
|
|
Series 2018, RB (INS - BAM)(a)
|
5.00%
|
05/15/2032
|
|
2,120
|
2,233,173
|
|
Series 2018, RB (INS - BAM)(a)
|
5.00%
|
05/15/2033
|
|
2,000
|
2,098,549
|
|
Series 2018, RB (INS - BAM)(a)
|
5.00%
|
05/15/2034
|
|
1,260
|
1,317,341
|
|
Series 2018, RB (INS - BAM)(a)
|
5.00%
|
05/15/2036
|
|
1,900
|
1,974,975
|
|
California (State of) Municipal Finance Authority (Community Medical Centers);
|
|
|
|
|
|
|
Series 2017 A, Ref. RB
|
5.00%
|
02/01/2028
|
|
3,000
|
3,064,979
|
|
Series 2017 A, Ref. RB
|
5.00%
|
02/01/2029
|
|
3,400
|
3,464,715
|
|
Series 2017 A, Ref. RB
|
5.00%
|
02/01/2030
|
|
3,500
|
3,555,717
|
|
Series 2017 A, Ref. RB
|
5.00%
|
02/01/2031
|
|
2,000
|
2,026,249
|
|
Series 2017 A, Ref. RB
|
5.00%
|
02/01/2032
|
|
1,500
|
1,517,400
|
|
Series 2017 A, Ref. RB
|
5.00%
|
02/01/2034
|
|
3,750
|
3,778,555
|
|
Series 2017 A, Ref. RB
|
5.00%
|
02/01/2035
|
|
4,000
|
4,022,109
|
|
Series 2017 A, Ref. RB
|
5.00%
|
02/01/2036
|
|
2,000
|
2,006,992
|
|
California (State of) Municipal Finance Authority (Eisenhower Medical Centers); Series
2017 A,
Ref. RB
|
5.00%
|
07/01/2030
|
|
2,155
|
2,197,122
|
|
|
Interest
Rate
|
Maturity
Date
|
Principal
Amount
(000)
|
Value
|
|
|
California–(continued)
|
|||||
|
California (State of) Municipal Finance Authority (Eskaton Properties, Inc.);
|
|
|
|
|
|
|
Series 2024, Ref. RB
|
5.00%
|
11/15/2036
|
|
$1,410
|
$1,482,351
|
|
Series 2024, Ref. RB
|
5.00%
|
11/15/2037
|
|
10
|
10,424
|
|
Series 2024, Ref. RB
|
5.00%
|
11/15/2040
|
|
2,790
|
2,860,930
|
|
California (State of) Municipal Finance Authority (Humangood - California Obligated
Group);
Series 2019 A, Ref. RB
|
5.00%
|
10/01/2044
|
|
5,000
|
4,981,116
|
|
California (State of) Municipal Finance Authority (Linxs APM);
|
|
|
|
|
|
|
Series 2018 A, RB(c)
|
5.00%
|
12/31/2033
|
|
8,385
|
8,498,811
|
|
Series 2018 A, RB(c)
|
5.00%
|
12/31/2034
|
|
6,500
|
6,558,464
|
|
Series 2018, RB(c)
|
5.00%
|
12/31/2035
|
|
2,700
|
2,718,328
|
|
California (State of) Municipal Finance Authority (NorthBay Healthcare Group);
|
|
|
|
|
|
|
Series 2015, RB
|
5.00%
|
11/01/2030
|
|
440
|
440,118
|
|
Series 2015, RB
|
5.00%
|
11/01/2035
|
|
1,100
|
1,099,988
|
|
Series 2017 A, RB
|
5.00%
|
11/01/2028
|
|
1,000
|
1,010,200
|
|
Series 2017 A, RB
|
5.25%
|
11/01/2029
|
|
750
|
759,552
|
|
California (State of) Municipal Finance Authority (San Bernardino Municipal Water
Department
Water Facilities); Series 2016, Ref. RB (INS - BAM)(a)
|
5.00%
|
08/01/2033
|
|
1,580
|
1,610,066
|
|
California (State of) Municipal Finance Authority (St. Mary’s School - Aliso Viejo); Series 2024, RB
|
4.65%
|
05/01/2030
|
|
1,045
|
1,055,604
|
|
California (State of) Municipal Finance Authority (Turning Point Schools); Series
2024, Ref. RB(f)
|
5.00%
|
06/01/2034
|
|
500
|
502,861
|
|
California (State of) Municipal Finance Authority (United Airlines, Inc.); Series
2019, RB(c)
|
4.00%
|
07/15/2029
|
|
15,455
|
15,053,425
|
|
California (State of) Pollution Control Financing Authority (CalPlant I) (Green Bonds);
|
|
|
|
|
|
|
Series 2017, RB (Acquired 11/09/2018-02/12/2019; Cost $4,096,042)(c)(f)(g)(h)
|
7.50%
|
07/01/2032
|
|
4,000
|
40
|
|
Series 2020, RB (Acquired 10/06/2020; Cost $601,778)(c)(f)(g)(h)
|
7.50%
|
07/01/2032
|
|
630
|
6
|
|
California (State of) Pollution Control Financing Authority (Plant Bonds);
|
|
|
|
|
|
|
Series 2012, RB(c)(f)
|
5.00%
|
07/01/2030
|
|
5,000
|
5,002,726
|
|
Series 2012, RB(c)(f)
|
5.00%
|
11/21/2045
|
|
10,000
|
9,471,104
|
|
California (State of) Pollution Control Financing Authority (Poseidon Resources L.P.);
|
|
|
|
|
|
|
Series 2023, RB(c)(f)
|
5.00%
|
07/01/2036
|
|
1,000
|
1,040,046
|
|
Series 2023, RB(c)(f)
|
5.00%
|
07/01/2037
|
|
1,000
|
1,034,594
|
|
Series 2023, RB(c)(f)
|
5.00%
|
07/01/2038
|
|
4,000
|
4,097,838
|
|
California (State of) Pollution Control Financing Authority (San Diego County Water
Authority);
Series 2019, Ref. RB(f)
|
5.00%
|
07/01/2039
|
|
1,500
|
1,512,999
|
|
California (State of) Pollution Control Financing Authority (Southern California Water
Co.);
Series 1996 A, RB (INS - NATL)(a)(c)
|
5.50%
|
12/01/2026
|
|
1,030
|
1,050,240
|
|
California (State of) Pollution Control Financing Authority (Waste Management, Inc.);
Series 2002
C, RB(c)
|
4.25%
|
12/01/2027
|
|
3,000
|
3,022,268
|
|
California (State of) Public Finance Authority (California Crosspoint Academy); Series
2020 A, RB(f)
|
4.25%
|
07/01/2030
|
|
1,155
|
1,087,204
|
|
California (State of) Public Finance Authority (California University of Science and
Medicine);
Series 2019 A, RB(f)
|
6.25%
|
07/01/2054
|
|
12,900
|
13,218,781
|
|
California (State of) Public Finance Authority (Enso Village) (Green Bonds);
|
|
|
|
|
|
|
Series 2021, RB(f)
|
3.13%
|
05/15/2029
|
|
2,435
|
2,355,400
|
|
Series 2021, RB(f)
|
5.00%
|
11/15/2036
|
|
500
|
501,015
|
|
Series 2021, RB(f)
|
5.00%
|
11/15/2051
|
|
1,400
|
1,221,852
|
|
California (State of) Public Finance Authority (Excelsior Charter Schools); Series
2020 A, RB(f)
|
5.00%
|
06/15/2040
|
|
1,060
|
1,010,215
|
|
California (State of) Public Finance Authority (Trinity Classical Academy); Series
2019 A, RB(f)
|
5.00%
|
07/01/2036
|
|
600
|
574,124
|
|
California (State of) Public Works Board (California Community Colleges);
|
|
|
|
|
|
|
Series 2004 B, RB
|
5.13%
|
06/01/2025
|
|
15
|
15,000
|
|
Series 2004 B, RB
|
5.13%
|
06/01/2029
|
|
45
|
45,060
|
|
Series 2007 B, RB (INS - NATL)(a)
|
4.25%
|
03/01/2026
|
|
5
|
5,005
|
|
Series 2007 B, RB (INS - NATL)(a)
|
5.00%
|
03/01/2027
|
|
50
|
50,093
|
|
California (State of) Public Works Board (Various Capital); Series 2024, Ref. RB
|
5.00%
|
09/01/2038
|
|
1,500
|
1,628,446
|
|
California (State of) School Finance Authority;
|
|
|
|
|
|
|
Series 2024 A, RB(f)
|
5.50%
|
06/01/2043
|
|
2,165
|
2,111,019
|
|
Series 2025, RN(f)
|
4.40%
|
12/01/2026
|
|
2,500
|
2,503,470
|
|
California (State of) School Finance Authority (Aspire Public Schools Obligated Group);
Series 2020 A, RB(f)
|
5.00%
|
08/01/2040
|
|
3,000
|
2,966,443
|
|
California (State of) School Finance Authority (Classical Academies Oceanside); Series
2017 A,
Ref. RB(f)
|
4.00%
|
10/01/2027
|
|
1,300
|
1,301,376
|
|
|
Interest
Rate
|
Maturity
Date
|
Principal
Amount
(000)
|
Value
|
|
|
California–(continued)
|
|||||
|
California (State of) School Finance Authority (Escuela Popular);
|
|
|
|
|
|
|
Series 2017, RB(e)(f)
|
5.50%
|
07/01/2027
|
|
$430
|
$443,013
|
|
Series 2017, RB(f)
|
5.50%
|
07/01/2027
|
|
150
|
150,981
|
|
Series 2017, RB(f)
|
6.25%
|
07/01/2037
|
|
1,295
|
1,313,158
|
|
California (State of) School Finance Authority (Granada Hills Charter Obligated Group);
|
|
|
|
|
|
|
Series 2024, RB(f)
|
5.00%
|
07/01/2031
|
|
295
|
317,179
|
|
Series 2024, RB(f)
|
5.00%
|
07/01/2032
|
|
310
|
331,571
|
|
Series 2024, RB(f)
|
5.00%
|
07/01/2033
|
|
325
|
345,904
|
|
California (State of) School Finance Authority (HTH Learning); Series 2017 A, Ref.
RB(f)
|
5.00%
|
07/01/2032
|
|
1,705
|
1,721,641
|
|
California (State of) School Finance Authority (KIPP LA); Series 2015 A, RB(f)
|
5.00%
|
07/01/2035
|
|
500
|
500,190
|
|
California (State of) School Finance Authority (TEACH Public Schools); Series 2019
A, RB(f)
|
5.00%
|
06/01/2039
|
|
740
|
715,948
|
|
California (State of) Statewide Communities Development Authority;
|
|
|
|
|
|
|
Series 2020 B, RB
|
4.00%
|
09/02/2025
|
|
115
|
114,954
|
|
Series 2020 B, RB
|
4.00%
|
09/02/2026
|
|
115
|
115,068
|
|
Series 2024, RB
|
5.00%
|
09/01/2044
|
|
400
|
397,515
|
|
California (State of) Statewide Communities Development Authority (California Baptist
University);
|
|
|
|
|
|
|
Series 2025, Ref. RB(f)
|
5.00%
|
11/01/2035
|
|
2,250
|
2,313,739
|
|
Series 2025, Ref. RB(f)
|
5.13%
|
11/01/2040
|
|
2,700
|
2,711,125
|
|
California (State of) Statewide Communities Development Authority (Front Porch Communities
&
Services); Series 2017 A, Ref. RB
|
5.00%
|
04/01/2031
|
|
175
|
178,869
|
|
California (State of) Statewide Communities Development Authority (Heritage Park at
Cathedral
City Apartments); Series 2002 NN-1, RB (INS - AMBAC)(a)(c)
|
5.20%
|
06/01/2036
|
|
695
|
695,360
|
|
California (State of) Statewide Communities Development Authority (John Muir Health);
|
|
|
|
|
|
|
Series 2016 A, Ref. RB
|
5.00%
|
08/15/2051
|
|
3,000
|
2,932,734
|
|
Series 2024 A, Ref. RB
|
5.00%
|
12/01/2039
|
|
3,045
|
3,249,041
|
|
Series 2024 A, Ref. RB
|
5.25%
|
12/01/2042
|
|
3,650
|
3,879,036
|
|
California (State of) Statewide Communities Development Authority (Lancer Educational
Student
Housing); Series 2016, Ref. RB(f)
|
5.00%
|
06/01/2036
|
|
5,000
|
5,008,434
|
|
California (State of) Statewide Communities Development Authority (Loma Linda University
Medical
Center); Series 2014, RB
|
5.25%
|
12/01/2034
|
|
3,000
|
3,001,189
|
|
California (State of) Statewide Communities Development Authority (NCCD-Hooper Street
LLC-
California College of the Arts); Series 2019, RB(f)
|
5.00%
|
07/01/2029
|
|
1,495
|
1,514,277
|
|
California (State of) Statewide Communities Development Authority (Statewide Community
Infrastructure Program);
|
|
|
|
|
|
|
Series 2015, Ref. RB
|
5.00%
|
09/02/2035
|
|
3,515
|
3,522,621
|
|
Series 2021 C-1, RB
|
2.25%
|
09/02/2026
|
|
910
|
874,357
|
|
Series 2021 C-1, RB
|
4.00%
|
09/02/2051
|
|
2,505
|
2,016,998
|
|
California (State of) Statewide Communities Development Authority (University of California
- Irvine
East Campus Apartments - CHF-Irvine, LLC); Series 2016, Ref. RB
|
5.00%
|
05/15/2030
|
|
1,500
|
1,516,196
|
|
California (State of) Statewide Financing Authority (Pooled Tobacco Securitization
Program);
|
|
|
|
|
|
|
Series 2002 A, RB
|
6.00%
|
05/01/2037
|
|
1,710
|
1,745,818
|
|
Series 2002 B, RB
|
6.00%
|
05/01/2043
|
|
750
|
751,673
|
|
Series 2002, RB
|
6.00%
|
05/01/2043
|
|
750
|
765,691
|
|
California Community Choice Financing Authority (Clean Energy) (Green Bonds);
|
|
|
|
|
|
|
Series 2024 F, RB(d)
|
5.00%
|
11/01/2032
|
|
15,000
|
15,881,199
|
|
Series 2024, RB(d)
|
5.00%
|
10/01/2032
|
|
10,000
|
10,420,617
|
|
California State University; Series 2016 A, Ref. RB
|
5.00%
|
11/01/2041
|
|
4,000
|
4,039,387
|
|
Cathedral (City of), CA Redevelopment Agency Successor Agency (Merged Redevelopment);
Series 2021 A, Ref. RB (INS - BAM)(a)
|
4.00%
|
08/01/2035
|
|
200
|
198,560
|
|
Central Valley Energy Authority; Series 2025, RB(d)
|
5.00%
|
08/01/2035
|
|
5,000
|
5,233,663
|
|
Chino (City of), CA Public Financing Authority;
|
|
|
|
|
|
|
Series 2015 A, Ref. RB (INS - AGI)(a)
|
5.00%
|
09/01/2028
|
|
1,230
|
1,236,234
|
|
Series 2015 A, Ref. RB (INS - AGI)(a)
|
5.00%
|
09/01/2029
|
|
1,280
|
1,286,128
|
|
Series 2015 A, Ref. RB (INS - AGI)(a)
|
5.00%
|
09/01/2030
|
|
900
|
904,040
|
|
Series 2015 A, Ref. RB (INS - AGI)(a)
|
5.00%
|
09/01/2031
|
|
950
|
953,906
|
|
Chula Vista (City of), CA Municipal Financing Authority; Series 2015 B, Ref. RB
|
5.00%
|
09/01/2026
|
|
1,500
|
1,506,632
|
|
Colton (City of), CA Public Financing Authority; Series 2007 A, RB (INS - AMBAC)(a)
|
4.70%
|
04/01/2032
|
|
15
|
15,007
|
|
Dixon (City of), CA Improvement Area No. 1 (Community Facilities District No. 2013-1);
Series 2019, RB
|
5.00%
|
09/01/2044
|
|
2,645
|
2,658,837
|
|
|
Interest
Rate
|
Maturity
Date
|
Principal
Amount
(000)
|
Value
|
|
|
California–(continued)
|
|||||
|
Downey (City of), CA Community Development Commission (Downey Redevelopment);
Series 1997, Ref. RB (INS - NATL)(a)
|
5.13%
|
08/01/2028
|
|
$25
|
$25,057
|
|
El Centro (City of), CA Financing Authority (El Centro California Redevelopment);
Series 2011, RB
|
6.63%
|
11/01/2025
|
|
425
|
426,221
|
|
El Dorado (County of), CA (Community Facilities District No. 1992-1 - El Dorado Hills
Development);
|
|
|
|
|
|
|
Series 2012, Ref. RB
|
5.00%
|
09/01/2026
|
|
620
|
620,746
|
|
Series 2012, Ref. RB
|
5.00%
|
09/01/2027
|
|
790
|
791,220
|
|
Fontana (City of), CA (Community Facilities District No. 80);
|
|
|
|
|
|
|
Series 2017, RB
|
5.00%
|
09/01/2026
|
|
290
|
296,577
|
|
Series 2017, RB
|
5.00%
|
09/01/2029
|
|
175
|
180,393
|
|
Fontana (City of), CA (The Gardens Phase One);
|
|
|
|
|
|
|
Series 2024, RB
|
5.00%
|
09/01/2039
|
|
1,000
|
1,026,867
|
|
Series 2024, RB
|
5.00%
|
09/01/2044
|
|
2,210
|
2,227,710
|
|
Fresno (City of), CA Joint Powers Financing Authority (Master Lease);
|
|
|
|
|
|
|
Series 2017 A, Ref. RB (INS - AGI)(a)
|
5.00%
|
04/01/2030
|
|
675
|
697,357
|
|
Series 2017 A, Ref. RB (INS - AGI)(a)
|
5.00%
|
04/01/2031
|
|
1,000
|
1,031,804
|
|
Series 2017 A, Ref. RB (INS - AGI)(a)
|
5.00%
|
04/01/2032
|
|
500
|
515,154
|
|
Golden State Tobacco Securitization Corp.; Series 2017 A-1, Ref. RB(e)
|
5.00%
|
06/01/2027
|
|
1,850
|
1,927,818
|
|
Grossmont Healthcare District; Series 2015 D, Ref. GO Bonds(d)(e)
|
4.00%
|
07/15/2025
|
|
7,000
|
7,008,370
|
|
Hemet Unified School District;
|
|
|
|
|
|
|
Series 2021, Ref. RB
|
4.00%
|
09/01/2026
|
|
225
|
226,221
|
|
Series 2021, Ref. RB
|
4.00%
|
09/01/2028
|
|
255
|
257,885
|
|
Series 2021, Ref. RB
|
4.00%
|
09/01/2032
|
|
335
|
334,644
|
|
Series 2021, Ref. RB
|
4.00%
|
09/01/2035
|
|
400
|
391,661
|
|
Series 2021, Ref. RB
|
4.00%
|
09/01/2036
|
|
200
|
193,926
|
|
Hollister (City of), CA Redevelopment Agency Successor Agency (Hollister Community
Development);
|
|
|
|
|
|
|
Series 2014, Ref. RB (INS - BAM)(a)
|
5.00%
|
10/01/2031
|
|
1,675
|
1,677,476
|
|
Series 2014, Ref. RB (INS - BAM)(a)
|
5.00%
|
10/01/2032
|
|
1,305
|
1,306,815
|
|
Huntington Beach (City of), CA (Community Facilities District No. 2002-1 - Improvement
Area A -
McDonnell Centre Business Park); Series 2002 A, RB
|
6.25%
|
09/01/2027
|
|
15
|
15,111
|
|
Huntington Beach (City of), CA (Community Facilities District No. 2003-1 - Huntington
Center);
|
|
|
|
|
|
|
Series 2013, Ref. RB
|
5.25%
|
09/01/2025
|
|
1,055
|
1,056,341
|
|
Series 2013, Ref. RB
|
5.25%
|
09/01/2026
|
|
1,115
|
1,116,537
|
|
Series 2013, Ref. RB
|
5.38%
|
09/01/2033
|
|
1,200
|
1,201,157
|
|
Imperial (City of), CA Public Financing Authority (Water Facility); Series 2012, RB
|
5.00%
|
10/15/2026
|
|
1,435
|
1,436,317
|
|
Imperial Irrigation District;
|
|
|
|
|
|
|
Series 2016 B-2, Ref. RB
|
5.00%
|
11/01/2041
|
|
5,455
|
5,481,756
|
|
Series 2017, Ref. RB
|
4.00%
|
11/01/2037
|
|
6,070
|
6,043,780
|
|
Independent Cities Finance Authority; Series 2014 A, Ref. RB
|
5.25%
|
05/15/2049
|
|
100
|
100,021
|
|
Inland Valley Development Agency; Series 2014 A, Ref. RB (INS - AGI)(a)
|
5.00%
|
09/01/2044
|
|
5,000
|
5,036,332
|
|
Jurupa Community Services District;
|
|
|
|
|
|
|
Series 2021 A, RB
|
4.00%
|
09/01/2031
|
|
100
|
100,635
|
|
Series 2021 A, RB
|
4.00%
|
09/01/2033
|
|
100
|
99,508
|
|
Series 2021 A, RB
|
4.00%
|
09/01/2034
|
|
165
|
163,650
|
|
Series 2021 A, RB
|
4.00%
|
09/01/2036
|
|
180
|
175,630
|
|
Series 2021 A, RB
|
4.00%
|
09/01/2039
|
|
135
|
125,678
|
|
Series 2021 A, RB
|
4.00%
|
09/01/2040
|
|
140
|
128,889
|
|
Lake Elsinore (City of), CA (Nichols Ranch); Series 2024, RB
|
5.00%
|
09/01/2039
|
|
500
|
513,434
|
|
Long Beach (City of), CA;
|
|
|
|
|
|
|
Series 2017 A, RB(c)
|
5.00%
|
05/15/2040
|
|
16,080
|
16,210,021
|
|
Series 2019, RB(c)
|
5.00%
|
05/15/2038
|
|
3,000
|
3,043,217
|
|
Long Beach (City of), CA (Community Facilities District No. 6); Series 2002, RB
|
6.25%
|
10/01/2026
|
|
15
|
15,032
|
|
Long Beach (City of), CA Bond Finance Authority; Series 2007 A, RB
|
5.50%
|
11/15/2037
|
|
100
|
109,846
|
|
Long Beach Unified School District (Election of 2008); Series 2009, GO Bonds
|
5.75%
|
08/01/2033
|
|
30
|
30,116
|
|
Los Angeles (City of), CA Department of Airports;
|
|
|
|
|
|
|
Series 2017, Sub. RB(c)
|
5.00%
|
05/15/2041
|
|
16,580
|
16,576,032
|
|
Series 2018 B, Ref. RB(c)
|
5.00%
|
05/15/2034
|
|
1,000
|
1,023,196
|
|
Series 2018 C, RB(c)
|
5.00%
|
05/15/2038
|
|
1,770
|
1,781,040
|
|
|
Interest
Rate
|
Maturity
Date
|
Principal
Amount
(000)
|
Value
|
|
|
California–(continued)
|
|||||
|
Los Angeles (City of), CA Department of Airports (Los Angeles International Airport);
Series 2018
D, Ref. RB(c)
|
5.00%
|
05/15/2030
|
|
$9,000
|
$9,452,452
|
|
Los Angeles (City of), CA Department of Water & Power;
|
|
|
|
|
|
|
Series 2017 A, RB
|
5.00%
|
07/01/2042
|
|
5,000
|
5,003,361
|
|
Series 2017 C, RB
|
5.00%
|
07/01/2042
|
|
5,525
|
5,529,898
|
|
Series 2023 C-1, RB(d)(e)
|
3.10%
|
06/02/2025
|
|
4,000
|
4,000,000
|
|
Series 2023 C-2, RB(d)(e)
|
3.10%
|
06/02/2025
|
|
15,000
|
15,000,000
|
|
Subseries 2002 A-3, Ref. VRD RB(b)
|
2.75%
|
07/01/2035
|
|
16,000
|
16,000,000
|
|
Los Angeles Unified School District (Election of 2004); Series 2025, GO Bonds
|
5.00%
|
07/01/2043
|
|
5,000
|
5,315,865
|
|
Los Angeles Unified School District (Election of 2008); Series 2016 A, GO Bonds(d)(e)
|
5.00%
|
07/01/2025
|
|
2,195
|
2,198,326
|
|
Los Angeles Unified School District (Green Bonds); Series 2024 QRR, GO Bonds
|
5.00%
|
07/01/2042
|
|
5,000
|
5,331,968
|
|
Madera (County of), CA (Valley Children’s Hospital); Series 1995, COP (INS - NATL)(a)
|
5.75%
|
03/15/2028
|
|
290
|
299,423
|
|
Manteca (City of), CA (Community Facilities District No. 2023-1); Series 2024, RB
|
5.00%
|
09/01/2038
|
|
610
|
628,728
|
|
Manteca Unified School District (Community Facilities District No. 1989-2); Series
2013 F, RB (INS
- AGI)(a)
|
5.00%
|
09/01/2027
|
|
1,285
|
1,286,924
|
|
Marina (City of), CA Redevelopment Agency Successor Agency;
|
|
|
|
|
|
|
Series 2018 A, RB
|
5.00%
|
09/01/2033
|
|
340
|
350,863
|
|
Series 2018 B, RB
|
5.00%
|
09/01/2033
|
|
250
|
258,059
|
|
Metropolitan Water District of Southern California; Series 2024 B-1, VRD RB(b)
|
1.22%
|
07/01/2047
|
|
500
|
500,000
|
|
Mountain House Public Financing Authority (Green Bonds);
|
|
|
|
|
|
|
Series 2020 A, RB (INS - BAM)(a)
|
4.00%
|
12/01/2036
|
|
310
|
311,663
|
|
Series 2020 A, RB (INS - BAM)(a)
|
4.00%
|
12/01/2037
|
|
495
|
493,215
|
|
Series 2020 A, RB (INS - BAM)(a)
|
4.00%
|
12/01/2039
|
|
470
|
459,650
|
|
Series 2020 A, RB (INS - BAM)(a)
|
4.00%
|
12/01/2040
|
|
600
|
584,817
|
|
Mountain View (City of), CA; Series 2004 A, RB (INS - NATL)(a)
|
4.50%
|
06/01/2026
|
|
10
|
10,011
|
|
Napa Valley Unified School District; Series 2016 C, Ref. GO Bonds
|
5.00%
|
08/01/2041
|
|
300
|
305,404
|
|
Natomas Unified School District; Series 2020 A, GO Bonds (INS - AGI)(a)
|
4.00%
|
08/01/2045
|
|
4,000
|
3,667,045
|
|
Northern California Tobacco Securitization Authority; Series 2021 B-1, Ref. RB
|
4.00%
|
06/01/2049
|
|
660
|
612,788
|
|
Oceanside (City of), CA (Community Facilities District No. 200-1 - Ocean Ranch Corporate
Centre);
|
|
|
|
|
|
|
Series 2013 A, Ref. RB
|
5.00%
|
09/01/2026
|
|
660
|
660,841
|
|
Series 2013 A, Ref. RB
|
5.00%
|
09/01/2027
|
|
720
|
720,925
|
|
Series 2013 A, Ref. RB
|
5.00%
|
09/01/2028
|
|
780
|
780,933
|
|
Ontario (City of), CA (Countryside Phase 2 South-Facilities);
|
|
|
|
|
|
|
Series 2024, RB
|
5.00%
|
09/01/2031
|
|
230
|
246,076
|
|
Series 2024, RB
|
5.00%
|
09/01/2032
|
|
240
|
257,826
|
|
Series 2024, RB
|
5.00%
|
09/01/2033
|
|
250
|
268,124
|
|
Series 2024, RB
|
5.00%
|
09/01/2034
|
|
265
|
284,314
|
|
Series 2024, RB
|
5.00%
|
09/01/2039
|
|
525
|
541,497
|
|
Orange (County of), CA Community Facilities District No. 2016-1 (Esencia Village);
Series 2016 A,
RB
|
5.00%
|
08/15/2046
|
|
1,000
|
1,002,123
|
|
Oxnard (City of), CA Financing Authority;
|
|
|
|
|
|
|
Series 2014, Ref. RB (INS - AGI)(a)
|
5.00%
|
06/01/2029
|
|
2,000
|
2,002,581
|
|
Series 2014, Ref. RB (INS - AGI)(a)
|
5.00%
|
06/01/2032
|
|
1,250
|
1,251,524
|
|
Series 2014, Ref. RB (INS - AGI)(a)
|
5.00%
|
06/01/2033
|
|
1,500
|
1,501,817
|
|
Palm Desert (City of), CA;
|
|
|
|
|
|
|
Series 2021 A, Ref. RB
|
4.00%
|
09/01/2025
|
|
290
|
290,163
|
|
Series 2021 A, Ref. RB
|
4.00%
|
09/01/2026
|
|
300
|
301,446
|
|
Series 2021 A, Ref. RB
|
4.00%
|
09/01/2027
|
|
315
|
317,856
|
|
Series 2021 A, Ref. RB
|
4.00%
|
09/01/2030
|
|
250
|
252,728
|
|
Series 2021 A, Ref. RB
|
4.00%
|
09/01/2033
|
|
275
|
274,218
|
|
Series 2021 A, Ref. RB
|
4.00%
|
09/01/2036
|
|
300
|
292,454
|
|
Palm Springs Unified School District;
|
|
|
|
|
|
|
Series 2014, Ref. GO Bonds
|
4.00%
|
08/01/2033
|
|
1,155
|
1,155,028
|
|
Series 2014, Ref. GO Bonds
|
4.00%
|
08/01/2035
|
|
1,095
|
1,094,983
|
|
Palomar Health;
|
|
|
|
|
|
|
Series 2016, Ref. RB
|
5.00%
|
11/01/2031
|
|
1,625
|
1,522,411
|
|
Series 2016, Ref. RB
|
5.00%
|
11/01/2036
|
|
1,845
|
1,603,681
|
|
Series 2016, Ref. RB
|
5.00%
|
11/01/2039
|
|
6,320
|
5,200,823
|
|
Peninsula Corridor Joint Powers Board; Series 2019 A, Ref. RB
|
5.00%
|
10/01/2044
|
|
4,000
|
4,025,039
|
|
|
Interest
Rate
|
Maturity
Date
|
Principal
Amount
(000)
|
Value
|
|
|
California–(continued)
|
|||||
|
Perris (City of), CA Joint Powers Authority; Series 2014 B, Ref. RB
|
5.00%
|
09/01/2038
|
|
$1,025
|
$1,025,413
|
|
Perris Elementary School District (Election of 2014); Series 2014 A, GO Bonds (INS
- BAM)(d)(e)
|
6.00%
|
07/03/2025
|
|
205
|
205,501
|
|
Rancho Cucamonga (City of), CA (Community Facilities District No. 2003-01 - Improvement
Area
No. 1);
|
|
|
|
|
|
|
Series 2013, Ref. RB
|
5.75%
|
09/01/2028
|
|
1,800
|
1,821,621
|
|
Series 2013, Ref. RB
|
5.25%
|
09/01/2033
|
|
200
|
202,776
|
|
Rancho Mirage (City of), CA (Reassessment District No. R22-85); Series 2002, Ref.
RB
|
5.75%
|
09/02/2026
|
|
10
|
10,057
|
|
Redlands (City of), CA (Community Facilities District No. 2003-1 - Redlands Business
Center);
Series 2004, RB
|
5.85%
|
09/01/2033
|
|
10
|
10,048
|
|
Redwood City (City of), CA (Community Facilities District No. 99-1); Series 2012,
Ref. RB
|
5.00%
|
09/01/2029
|
|
690
|
690,731
|
|
Regents of the University of California Medical Center; Series 2007 B-2, VRD Ref.
RB(b)
|
0.70%
|
05/15/2032
|
|
1,765
|
1,765,000
|
|
Richmond (City of), CA Joint Powers Financing Authority; Series 2016, RB
|
5.50%
|
11/01/2029
|
|
4,050
|
4,081,644
|
|
Riverside (City of), CA (Community Facilities District No. 2006-1); Series 2013, RB
|
5.25%
|
09/01/2043
|
|
500
|
500,468
|
|
Riverside (City of), CA (Riverwalk Business Center Assessment District); Series 2004,
RB
|
6.25%
|
09/02/2029
|
|
200
|
201,489
|
|
Riverside (County of), CA Public Financing Authority (Redevelopment Project Area No.
1, Desert
Communities Development);
|
|
|
|
|
|
|
Series 2024, Ref. RB (INS - AGI)(a)
|
5.00%
|
10/01/2035
|
|
1,000
|
1,119,753
|
|
Series 2024, Ref. RB (INS - AGI)(a)
|
5.00%
|
10/01/2036
|
|
1,000
|
1,109,518
|
|
Series 2024, Ref. RB (INS - AGI)(a)
|
5.00%
|
10/01/2037
|
|
1,000
|
1,098,563
|
|
Riverside Unified School District (Community Facilities District No. 32);
|
|
|
|
|
|
|
Series 2020, RB
|
4.00%
|
09/01/2034
|
|
500
|
494,394
|
|
Series 2020, RB
|
4.00%
|
09/01/2037
|
|
500
|
479,868
|
|
Series 2020, RB
|
4.00%
|
09/01/2040
|
|
350
|
319,728
|
|
Riverside Unified School District (Community Facilities District No. 33);
|
|
|
|
|
|
|
Series 2021, RB
|
4.00%
|
09/01/2035
|
|
295
|
284,568
|
|
Series 2021, RB
|
4.00%
|
09/01/2036
|
|
305
|
293,895
|
|
Series 2021, RB
|
4.00%
|
09/01/2037
|
|
320
|
304,495
|
|
Series 2021, RB
|
4.00%
|
09/01/2038
|
|
330
|
307,767
|
|
Series 2021, RB
|
4.00%
|
09/01/2039
|
|
345
|
314,451
|
|
Series 2021, RB
|
4.00%
|
09/01/2040
|
|
190
|
172,990
|
|
Riverside Unified School District (Election of 2016);
|
|
|
|
|
|
|
Series 2019 B, GO Bonds
|
3.00%
|
08/01/2038
|
|
1,740
|
1,485,115
|
|
Series 2019 B, GO Bonds
|
3.00%
|
08/01/2039
|
|
4,250
|
3,545,119
|
|
Series 2019 B, GO Bonds
|
3.00%
|
08/01/2040
|
|
2,770
|
2,248,041
|
|
Romoland School District Community Facilities No. 2004-1;
|
|
|
|
|
|
|
Series 2013, RB
|
5.00%
|
09/01/2025
|
|
365
|
365,388
|
|
Series 2013, RB
|
5.00%
|
09/01/2026
|
|
440
|
440,529
|
|
Series 2013, RB
|
5.00%
|
09/01/2027
|
|
405
|
405,498
|
|
Series 2013, RB
|
5.00%
|
09/01/2028
|
|
500
|
500,590
|
|
Romoland School District Community Facilities No. 2022-2; Series 2024, RB
|
5.00%
|
09/01/2039
|
|
315
|
324,180
|
|
Roseville (City of), CA (Amoruso Ranch Community Facilities District No. 1); Series
2024, RB
|
5.00%
|
09/01/2044
|
|
700
|
690,564
|
|
Roseville (City of), CA (Villages at Sierra Vista Community Facilities District No.
1 - Public
Facilities);
|
|
|
|
|
|
|
Series 2020, RB
|
4.00%
|
09/01/2033
|
|
235
|
234,006
|
|
Series 2020, RB
|
4.00%
|
09/01/2035
|
|
275
|
270,389
|
|
Series 2020, RB
|
4.00%
|
09/01/2037
|
|
320
|
305,947
|
|
Roseville Joint Union High School District (Election of 2016); Series 2017 A, GO Bonds
|
4.00%
|
08/01/2045
|
|
10,000
|
9,225,028
|
|
Sacramento (City of), CA (2019 Sacramento Tourism Infrastructure District - Convention
Center
Ballroom); Series 2019, RB
|
4.00%
|
06/01/2037
|
|
1,760
|
1,723,706
|
|
Sacramento (City of), CA Area Flood Control Agency (Natomas Basin Local Assessment
District);
Series 2014, RB (INS - BAM)(a)
|
5.00%
|
10/01/2039
|
|
1,900
|
1,901,548
|
|
Sacramento (City of), CA Financing Authority (Westlake and Regency Park);
|
|
|
|
|
|
|
Series 2013 A, Ref. RB
|
5.00%
|
09/01/2025
|
|
850
|
850,715
|
|
Series 2013 A, Ref. RB (INS - AGI)(a)
|
5.00%
|
09/01/2026
|
|
715
|
715,705
|
|
Series 2013 A, Ref. RB
|
5.00%
|
09/01/2027
|
|
455
|
455,337
|
|
Sacramento (County of), CA;
|
|
|
|
|
|
|
Series 2016 B, Ref. RB
|
5.00%
|
07/01/2041
|
|
6,560
|
6,573,968
|
|
Series 2018 C, Ref. RB(c)
|
5.00%
|
07/01/2037
|
|
6,000
|
6,075,968
|
|
Sacramento (County of), CA (Community Facilities District No. 2014-2); Series 2021,
RB
|
4.00%
|
09/01/2046
|
|
650
|
556,342
|
|
Sacramento (County of), CA Public Financing Authority; Series 2003 A, RB (INS - NATL)(a)
|
5.13%
|
12/01/2028
|
|
10
|
10,016
|
|
|
Interest
Rate
|
Maturity
Date
|
Principal
Amount
(000)
|
Value
|
|
|
California–(continued)
|
|||||
|
San Bernardino (County of), CA Redevelopment Agency Successor Agency (San Sevaine
Redevelopment); Series 2016 B, Ref. RB (INS - AGI)(a)
|
5.00%
|
09/01/2028
|
|
$285
|
$286,551
|
|
San Clemente (City of), CA;
|
|
|
|
|
|
|
Series 2021, Ref. RB
|
4.00%
|
09/01/2026
|
|
100
|
100,543
|
|
Series 2021, Ref. RB
|
4.00%
|
09/01/2027
|
|
100
|
101,058
|
|
Series 2021, Ref. RB
|
4.00%
|
09/01/2028
|
|
100
|
101,315
|
|
Series 2021, Ref. RB
|
4.00%
|
09/01/2029
|
|
100
|
101,014
|
|
Series 2021, Ref. RB
|
4.00%
|
09/01/2030
|
|
100
|
100,428
|
|
San Diego (City of), CA (Assessment District No. 4096);
|
|
|
|
|
|
|
Series 2013, Ref. RB
|
5.00%
|
09/02/2025
|
|
190
|
190,623
|
|
Series 2013, Ref. RB
|
5.13%
|
09/02/2026
|
|
205
|
205,846
|
|
Series 2013, Ref. RB
|
5.13%
|
09/02/2027
|
|
215
|
215,926
|
|
Series 2013, Ref. RB
|
5.25%
|
09/02/2028
|
|
225
|
226,015
|
|
Series 2013, Ref. RB
|
5.38%
|
09/02/2029
|
|
230
|
231,078
|
|
Series 2013, Ref. RB
|
5.38%
|
09/02/2030
|
|
240
|
241,004
|
|
Series 2013, Ref. RB
|
5.50%
|
09/02/2031
|
|
250
|
251,074
|
|
Series 2013, Ref. RB
|
5.50%
|
09/02/2032
|
|
270
|
271,104
|
|
San Diego (City of), CA Community Facilities District No. 3;
|
|
|
|
|
|
|
Series 2013, Ref. RB
|
5.00%
|
09/01/2025
|
|
545
|
545,619
|
|
Series 2013, Ref. RB
|
5.00%
|
09/01/2027
|
|
610
|
610,803
|
|
Series 2013, Ref. RB
|
5.00%
|
09/01/2028
|
|
640
|
640,796
|
|
Series 2013, Ref. RB
|
5.00%
|
09/01/2030
|
|
720
|
720,741
|
|
San Diego (City of), CA Public Facilities Financing Authority; Series 2018 A, RB
|
5.25%
|
08/01/2047
|
|
6,255
|
6,358,972
|
|
San Diego (City of), CA Public Facilities Financing Authority (Capital Improvement);
|
|
|
|
|
|
|
Series 2015 A, RB
|
5.00%
|
10/15/2033
|
|
1,250
|
1,256,969
|
|
Series 2015 A, RB
|
5.00%
|
10/15/2034
|
|
1,000
|
1,005,168
|
|
San Diego (City of), CA Redevelopment Agency (Centre City Redevelopment); Series 2003
B, RB
|
5.25%
|
09/01/2026
|
|
40
|
40,055
|
|
San Francisco (City & County of), CA (Bayshore Hester Assessment District No. 95-1);
Series 1996,
RB
|
6.85%
|
09/02/2026
|
|
10
|
10,257
|
|
San Francisco (City & County of), CA Airport Commission (San Francisco International
Airport);
|
|
|
|
|
|
|
Series 2016 B, RB(c)
|
5.00%
|
05/01/2041
|
|
10,000
|
9,900,466
|
|
Series 2017 A, RB(c)
|
5.00%
|
05/01/2047
|
|
3,630
|
3,588,691
|
|
Series 2018 D, RB(c)
|
5.00%
|
05/01/2043
|
|
8,000
|
7,921,664
|
|
Series 2019 A, RB(c)
|
5.00%
|
05/01/2036
|
|
5,000
|
5,134,561
|
|
Series 2019 A, RB(c)
|
5.00%
|
05/01/2044
|
|
1,000
|
996,297
|
|
San Francisco (City & County of), CA Infrastructure & Revitalization Financing District
No. 1;
|
|
|
|
|
|
|
Series 2022 A, RB(f)
|
5.00%
|
09/01/2027
|
|
230
|
238,824
|
|
Series 2022 A, RB(f)
|
5.00%
|
09/01/2032
|
|
400
|
424,765
|
|
Series 2022 B, RB(f)
|
5.00%
|
09/01/2032
|
|
400
|
424,765
|
|
San Jacinto (City of), CA Community Facilities District No. 2002-1; Series 2016, Ref.
RB
|
5.00%
|
09/01/2026
|
|
925
|
944,952
|
|
San Jose (City of), CA;
|
|
|
|
|
|
|
Series 2017 A, Ref. RB(c)
|
5.00%
|
03/01/2035
|
|
500
|
503,462
|
|
Series 2017 A, Ref. RB(c)
|
5.00%
|
03/01/2036
|
|
1,000
|
1,004,618
|
|
Series 2017 A, Ref. RB(c)
|
5.00%
|
03/01/2037
|
|
3,765
|
3,775,218
|
|
San Jose (City of), CA (El Parador Apartments); Series 2000 A, RB(c)
|
6.10%
|
01/01/2031
|
|
25
|
25,001
|
|
San Jose (City of), CA (Fallen Leaves Apartments); Series 2002 J-1, RB (INS - AMBAC)(a)(c)
|
5.10%
|
12/01/2032
|
|
3,180
|
3,179,843
|
|
San Jose (City of), CA (Orvieto Family Apartments); Series 2010 B-1, RB
|
4.75%
|
08/01/2029
|
|
6,590
|
6,597,066
|
|
San Luis Obispo (County of), CA (Paso Robles Courthouse); Series 2007, COP (INS -
AGI)(a)
|
4.25%
|
10/15/2026
|
|
5
|
5,005
|
|
Santa Barbara (County of), CA; Series 2018 B, COP(c)
|
5.00%
|
12/01/2037
|
|
7,695
|
7,863,890
|
|
Santa Clara (County of), CA Housing Authority;
|
|
|
|
|
|
|
Series 2001 A, RB(c)
|
5.85%
|
08/01/2031
|
|
1,225
|
1,227,548
|
|
Series 2010 A-1, RB (CEP - FHLMC)
|
4.75%
|
11/01/2027
|
|
3,975
|
3,976,477
|
|
Santa Clarita (City of), CA Community Facilities District No. 2002-1 (Valencia Town
Center);
|
|
|
|
|
|
|
Series 2012, Ref. RB
|
5.00%
|
11/15/2025
|
|
925
|
926,065
|
|
Series 2012, Ref. RB
|
5.00%
|
11/15/2027
|
|
785
|
785,962
|
|
Series 2012, Ref. RB
|
5.00%
|
11/15/2028
|
|
1,170
|
1,171,416
|
|
Santa Nella (County of), CA Water District; Series 1998, Ref. RB
|
6.25%
|
09/02/2028
|
|
10
|
9,457
|
|
|
Interest
Rate
|
Maturity
Date
|
Principal
Amount
(000)
|
Value
|
|
|
California–(continued)
|
|||||
|
Saugus Union School District Financing Authority;
|
|
|
|
|
|
|
Series 2021 A, RB (INS - BAM)(a)
|
4.00%
|
09/01/2038
|
|
$650
|
$633,931
|
|
Series 2021 A, RB (INS - BAM)(a)
|
4.00%
|
09/01/2041
|
|
260
|
244,048
|
|
Silicon Valley Tobacco Securitization Authority (Santa Clara); Series 2007 A, RB(i)
|
0.00%
|
06/01/2036
|
|
6,000
|
3,259,844
|
|
Simi Valley (City of), CA Community Development Agency (Merged Tapo Canyon & West
End
Community Development); Series 2003, Ref. RB (INS - NATL)(a)
|
5.00%
|
09/01/2030
|
|
25
|
25,047
|
|
Sonora Union High School District (Election of 2012); Series 2013 A, GO Bonds (INS
- AGI)(a)
|
5.63%
|
08/01/2029
|
|
905
|
906,738
|
|
South Pasadena (City of), CA; Series 2016, Ref. RB (INS - BAM)(a)
|
5.00%
|
10/01/2036
|
|
1,115
|
1,132,482
|
|
South San Francisco (City of), CA Public Facilities Financing Authority; Series 2021
A, RB
|
4.00%
|
06/01/2040
|
|
3,305
|
3,273,285
|
|
South Tahoe Joint Powers Financing Authority (South Tahoe Redevelopment Project Area
No. 1);
Series 2014, Ref. RB (INS - AGI)(a)
|
4.00%
|
10/01/2034
|
|
500
|
499,977
|
|
Southern California Public Power Authority (Clean Energy); Series 2024 A, RB(d)
|
5.00%
|
09/01/2030
|
|
8,140
|
8,441,974
|
|
Southern California Tobacco Securitization Authority (San Diego County Asset Securitization
Corp.);
|
|
|
|
|
|
|
Series 2019, Ref. RB
|
5.00%
|
06/01/2037
|
|
1,170
|
1,195,966
|
|
Series 2019, Ref. RB
|
5.00%
|
06/01/2038
|
|
2,000
|
2,033,790
|
|
Series 2019, Ref. RB
|
5.00%
|
06/01/2039
|
|
1,810
|
1,834,708
|
|
Series 2019, Ref. RB
|
5.00%
|
06/01/2048
|
|
11,105
|
10,566,028
|
|
Sutter & Butte (Counties of), CA Flood Agency;
|
|
|
|
|
|
|
Series 2013, RB
|
5.00%
|
10/01/2025
|
|
300
|
300,398
|
|
Series 2013, RB
|
5.00%
|
10/01/2026
|
|
415
|
415,314
|
|
Series 2013, RB
|
5.00%
|
10/01/2027
|
|
700
|
700,876
|
|
Series 2013, RB
|
5.00%
|
10/01/2028
|
|
1,465
|
1,466,786
|
|
Series 2013, RB
|
5.00%
|
10/01/2029
|
|
1,490
|
1,491,675
|
|
Tahoe-Truckee Unified School District; Series 2016 B, GO Bonds
|
5.00%
|
08/01/2039
|
|
3,000
|
3,053,697
|
|
Three Rivers Levee Improvement Authority (Community Facilities District No. 2006-1);
|
|
|
|
|
|
|
Series 2021, Ref. RB
|
4.00%
|
09/01/2026
|
|
220
|
220,767
|
|
Series 2021, Ref. RB
|
4.00%
|
09/01/2028
|
|
260
|
262,307
|
|
Series 2021, Ref. RB
|
4.00%
|
09/01/2030
|
|
300
|
300,720
|
|
Series 2021, Ref. RB
|
4.00%
|
09/01/2032
|
|
100
|
98,964
|
|
Series 2021, Ref. RB
|
4.00%
|
09/01/2036
|
|
1,075
|
1,023,924
|
|
Series 2021, Ref. RB
|
4.00%
|
09/01/2041
|
|
2,840
|
2,517,259
|
|
Tracy (City of), CA Community Facilities District No. 93-1 (I-205 Parcel GL-17);
|
|
|
|
|
|
|
Series 1996 A, RB
|
6.30%
|
09/01/2026
|
|
10
|
10,069
|
|
Series 2002, RB
|
6.25%
|
09/01/2032
|
|
25
|
25,047
|
|
Truckee (Town of), CA Donner Public Utility District (Community Facilities District
No. 04-1);
Series 2004, RB
|
5.80%
|
09/01/2035
|
|
30
|
28,855
|
|
Tustin (City of), CA Community Facilities District (Tustin Legacy/John Laing Homes);
|
|
|
|
|
|
|
Series 2013, Ref. RB
|
5.00%
|
09/01/2025
|
|
445
|
446,729
|
|
Series 2013, Ref. RB
|
5.00%
|
09/01/2026
|
|
470
|
472,043
|
|
Series 2013, Ref. RB
|
5.00%
|
09/01/2027
|
|
490
|
492,183
|
|
Series 2013, Ref. RB
|
5.00%
|
09/01/2028
|
|
515
|
517,241
|
|
Tustin Unified School District (Community Facilities District No. 97-1); Series 2015
A, Ref. RB (INS
- BAM)(a)
|
5.00%
|
09/01/2038
|
|
4,155
|
4,164,317
|
|
University of California; Series 2025 BZ, Ref. RB
|
5.25%
|
05/15/2040
|
|
5,000
|
5,527,849
|
|
Vallejo (City of), CA;
|
|
|
|
|
|
|
Series 2003 A, RB
|
6.00%
|
09/01/2026
|
|
10
|
10,052
|
|
Series 2003 A, RB
|
6.13%
|
09/01/2034
|
|
30
|
30,149
|
|
Victor Elementary School District; Series 2015 B, GO Bonds
|
5.00%
|
08/01/2042
|
|
2,925
|
2,925,486
|
|
Victorville (City of), CA Redevelopment Agency; Series 2002 A, RB (INS - AGI)(a)
|
5.13%
|
12/01/2031
|
|
20
|
20,039
|
|
Western Riverside (County of), CA Water & Wastewater Financing Authority; Series 2013
A-1, Ref.
RB
|
5.00%
|
09/01/2025
|
|
2,335
|
2,338,262
|
|
|
|
|
|
|
771,791,164
|
|
Puerto Rico–2.53%
|
|
|
|||
|
Children’s Trust Fund;
|
|
|
|
|
|
|
Series 2002, RB
|
5.50%
|
05/15/2039
|
|
2,595
|
2,620,033
|
|
Series 2002, RB
|
5.63%
|
05/15/2043
|
|
335
|
338,855
|
|
PR Custodial Trust; Series 2003 A, GO(i)
|
0.00%
|
03/15/2049
|
|
144
|
12,517
|
|
|
Interest
Rate
|
Maturity
Date
|
Principal
Amount
(000)
|
Value
|
|
|
Puerto Rico–(continued)
|
|||||
|
PRHTA Custodial Trust;
|
|
|
|
|
|
|
Series 2022 G, RB(g)
|
5.00%
|
12/06/2049
|
|
$19
|
$3,828
|
|
Series 2022 L, RB(g)
|
5.25%
|
12/06/2049
|
|
277
|
55,565
|
|
Puerto Rico (Commonwealth of);
|
|
|
|
|
|
|
Series 2021 A, GO Bonds(i)
|
0.00%
|
07/01/2033
|
|
215
|
145,655
|
|
Series 2021 A-1, GO Bonds
|
5.38%
|
07/01/2025
|
|
4,422
|
4,425,004
|
|
Series 2021 A-1, GO Bonds
|
5.63%
|
07/01/2027
|
|
184
|
189,174
|
|
Series 2021 A-1, GO Bonds
|
5.63%
|
07/01/2029
|
|
181
|
190,043
|
|
Series 2021 A-1, GO Bonds
|
5.75%
|
07/01/2031
|
|
176
|
188,530
|
|
Series 2021 A-1, GO Bonds
|
4.00%
|
07/01/2033
|
|
347
|
333,836
|
|
Series 2021 A-1, GO Bonds
|
4.00%
|
07/01/2035
|
|
150
|
141,786
|
|
Series 2021 A-1, GO Bonds
|
4.00%
|
07/01/2037
|
|
129
|
119,067
|
|
Series 2021 A-1, GO Bonds
|
4.00%
|
07/01/2041
|
|
175
|
150,172
|
|
Subseries 2022, RN(i)
|
0.00%
|
11/01/2043
|
|
688
|
413,394
|
|
Puerto Rico (Commonwealth of) Aqueduct & Sewer Authority; Series 2021 B, RB(f)
|
5.00%
|
07/01/2025
|
|
4,060
|
4,063,585
|
|
Puerto Rico (Commonwealth of) Electric Power Authority;
|
|
|
|
|
|
|
Series 2004 PP, Ref. RB (INS - NATL)(a)
|
5.00%
|
07/01/2025
|
|
470
|
470,002
|
|
Series 2005 SS, Ref. RB (INS - NATL)(a)
|
5.00%
|
07/01/2025
|
|
25
|
25,000
|
|
Puerto Rico (Commonwealth of) GDB Debt Recovery Authority; Series 2023, RB
|
7.50%
|
08/20/2040
|
|
225
|
214,082
|
|
Puerto Rico (Commonwealth of) Industrial, Tourist, Educational, Medical & Environmental
Control
Facilities Financing Authority (AES Puerto Rico);
|
|
|
|
|
|
|
Series 2023 A, RB (Acquired 09/30/2008-03/25/2024; Cost $222,955)(h)
|
6.63%
|
01/01/2027
|
|
193
|
190,951
|
|
Series 2023 A, RB (Acquired 09/30/2008; Cost $1,750,721)(h)
|
6.63%
|
01/01/2028
|
|
1,472
|
1,451,650
|
|
Puerto Rico Sales Tax Financing Corp.;
|
|
|
|
|
|
|
Series 2018 A-1, RB
|
4.50%
|
07/01/2034
|
|
4,057
|
4,030,010
|
|
Series 2018 A-1, RB
|
4.55%
|
07/01/2040
|
|
4
|
3,816
|
|
Series 2018 A-1, RB(i)
|
0.00%
|
07/01/2046
|
|
5
|
1,605
|
|
Series 2018 A-1, RB(i)
|
0.00%
|
07/01/2051
|
|
5
|
1,180
|
|
Series 2018 A-1, RB
|
4.75%
|
07/01/2053
|
|
4
|
3,663
|
|
Series 2018 A-1, RB
|
5.00%
|
07/01/2058
|
|
5
|
4,698
|
|
Series 2019 A-2, RB
|
4.54%
|
07/01/2053
|
|
46
|
39,861
|
|
Series 2019 A-2, RB
|
4.78%
|
07/01/2058
|
|
620
|
555,834
|
|
|
|
|
|
|
20,383,396
|
|
Guam–0.12%
|
|
|
|||
|
Guam (Territory of); Series 2021 F, Ref. RB
|
4.00%
|
01/01/2042
|
|
1,120
|
990,493
|
|
Northern Mariana Islands–0.10%
|
|
|
|||
|
Northern Mariana Islands (Commonwealth of); Series 2007 A, Ref. GO Bonds(f)
|
5.00%
|
06/01/2030
|
|
860
|
832,480
|
|
Virgin Islands–0.04%
|
|
|
|||
|
Virgin Islands (Government of) Public Finance Authority (Virgin Islands Gross Receipts
Taxes Loan
Note);
|
|
|
|
|
|
|
Series 2006, RN (INS - NATL)(a)
|
5.00%
|
10/01/2025
|
|
170
|
170,444
|
|
Series 2006, RN (INS - NATL)(a)
|
5.00%
|
10/01/2026
|
|
125
|
125,319
|
|
|
|
|
|
|
295,763
|
|
Total Municipal Obligations (Cost $810,797,008)
|
|
794,293,296
|
|||
|
U.S. Dollar Denominated Bonds & Notes–0.02%
|
|||||
|
California–0.02%
|
|
|
|||
|
CalPlant I LLC; Exit Facility(f)(j)
|
15.00%
|
07/01/2025
|
|
725
|
142,257
|
|
Puerto Rico–0.00%
|
|
|
|||
|
AES Puerto Rico, Inc.(j)
|
12.50%
|
03/04/2026
|
|
48
|
46,538
|
|
Total U.S. Dollar Denominated Bonds & Notes (Cost $772,500)
|
|
188,795
|
|||
|
|
|
|
Shares
|
|
|
|
MuniFund Preferred Shares–0.25%
|
|
|
|
|
|
|
Nuveen California AMT-Free Quality Municipal Income Fund
(Cost $2,000,000)(b)(f)
|
|
|
|
2,000,000
|
2,000,000
|
|
|
|
|
Shares
|
Value
|
|
|
|
|||||
|
Preferred Stocks–0.00%
|
|
|
|
|
|
|
AES Puerto Rico, Inc., Pfd.
(Cost $0)(j)
|
|
|
|
32,378
|
$0
|
|
TOTAL INVESTMENTS IN SECURITIES(k)–98.70% (Cost $813,569,508)
|
|
796,482,091
|
|||
|
OTHER ASSETS LESS LIABILITIES–1.30%
|
|
10,495,007
|
|||
|
NET ASSETS–100.00%
|
|
$806,977,098
|
|||
|
AGI
|
– Assured Guaranty Inc.
|
|
AMBAC
|
– American Municipal Bond Assurance Corp.
|
|
BAM
|
– Build America Mutual Assurance Co.
|
|
CEP
|
– Credit Enhancement Provider
|
|
COP
|
– Certificates of Participation
|
|
Ctfs.
|
– Certificates
|
|
FGIC
|
– Financial Guaranty Insurance Company
|
|
FHLMC
|
– Federal Home Loan Mortgage Corp.
|
|
GO
|
– General Obligation
|
|
INS
|
– Insurer
|
|
NATL
|
– National Public Finance Guarantee Corp.
|
|
Pfd.
|
– Preferred
|
|
RB
|
– Revenue Bonds
|
|
Ref.
|
– Refunding
|
|
RN
|
– Revenue Notes
|
|
SGI
|
– Syncora Guarantee, Inc.
|
|
Sub.
|
– Subordinated
|
|
VRD
|
– Variable Rate Demand
|
|
(a)
|
Principal and/or interest payments are secured by the bond insurance company listed.
|
|
(b)
|
Demand security payable upon demand by the Fund at specified time intervals no greater
than thirteen months. Interest rate is redetermined periodically by the
issuer or agent based on current market conditions. Rate shown is the rate in effect
on May 31, 2025.
|
|
(c)
|
Security subject to the alternative minimum tax.
|
|
(d)
|
Security has an irrevocable call by the issuer or mandatory put by the holder. Maturity
date reflects such call or put.
|
|
(e)
|
Advance refunded; secured by an escrow fund of U.S. Government obligations or other
highly rated collateral.
|
|
(f)
|
Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be
resold pursuant to an exemption from registration under the 1933 Act, typically to
qualified institutional buyers. The aggregate value of these securities at
May 31, 2025 was $87,862,789, which represented 10.89% of the Fund’s Net Assets.
|
|
(g)
|
Defaulted security. Currently, the issuer is in default with respect to principal
and/or interest payments. The aggregate value of these securities at May 31, 2025
was $59,439, which represented less than 1% of the Fund’s Net Assets.
|
|
(h)
|
Restricted security. The aggregate value of these securities at May 31, 2025 was $1,642,647, which represented less than 1% of the Fund’s Net Assets.
|
|
(i)
|
Zero coupon bond issued at a discount.
|
|
(j)
|
Security valued using significant unobservable inputs (Level 3). See Note 1.
|
|
(k)
|
Entities may either issue, guarantee, back or otherwise enhance the credit quality of a security. The entities are not primarily responsible for the issuer’s
obligations but may be called upon to satisfy the issuer’s obligations. No concentration of any single entity was greater than 5% each.
|
|
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|
Investments in Securities
|
|
|
|
|
|
Municipal Obligations
|
$—
|
$794,293,296
|
$—
|
$794,293,296
|
|
MuniFund Preferred Shares
|
—
|
2,000,000
|
—
|
2,000,000
|
|
U.S. Dollar Denominated Bonds & Notes
|
—
|
—
|
188,795
|
188,795
|
|
Preferred Stocks
|
—
|
—
|
0
|
0
|
|
Total Investments in Securities
|
—
|
796,293,296
|
188,795
|
796,482,091
|
|
Other Investments - Assets
|
|
|
|
|
|
Investments Matured
|
—
|
10
|
47,092
|
47,102
|
|
Total Investments
|
$—
|
$796,293,306
|
$235,887
|
$796,529,193
|