|
2026 Quarterly Report
(Unaudited)
|
|
BlackRock ETF Trust II
|
|
• iShares High Yield Muni Active ETF | HIMU | Cboe BZX Exchange
|
|
Not FDIC Insured • May Lose Value • No Bank Guarantee
|
|
Security
|
|
Shares
|
Value
|
|
Common Stocks
|
|||
|
Construction & Engineering — 0.1%
|
|
||
|
TimberHp By Go Lab, Inc.(a)
|
|
751,302
|
$ 1,720,482
|
|
Total Common Stocks — 0.1%
(Cost: $1,290)
|
1,720,482
|
||
|
|
|
Par
(000)
|
|
|
Corporate Bonds
|
|||
|
Ground Transportation — 0.1%
|
|||
|
Brightline East LLC, 11.00%, 01/31/30(b)
|
$
|
5,494
|
1,511,954
|
|
Total Corporate Bonds — 0.1%
(Cost: $4,099,009)
|
1,511,954
|
||
|
Municipal Bonds
|
|||
|
Alabama — 3.7%
|
|
||
|
Baldwin County Industrial Development Authority, RB,
Series A, AMT, 5.00%, 06/01/55(b)(c)
|
|
6,675
|
6,821,311
|
|
Black Belt Energy Gas District, RB(c)
|
|
|
|
|
Series A, 5.25%, 01/01/54
|
|
4,770
|
5,105,779
|
|
Series A, 5.25%, 05/01/56
|
|
4,855
|
5,048,936
|
|
Series F, 5.50%, 11/01/53
|
|
1,825
|
1,929,438
|
|
Chelsea Park Cooperative District, SAB, 5.00%,
05/01/48
|
|
895
|
884,584
|
|
County of Jefferson AL Sewer Revenue, Refunding
RB, 5.50%, 10/01/53
|
|
2,230
|
2,338,913
|
|
Energy Southeast A Cooperative District, RB,
Series B, 5.25%, 07/01/54(c)
|
|
2,065
|
2,240,440
|
|
Hoover Industrial Development Board, RB, AMT,
Sustainability Bonds, 6.38%, 11/01/50(c)
|
|
5,620
|
6,170,210
|
|
Lower Alabama Gas District, RB, Series A, 5.00%,
09/01/46
|
|
5,000
|
5,278,637
|
|
MidCity Improvement District, SAB
|
|
|
|
|
4.50%, 11/01/42
|
|
745
|
683,014
|
|
4.75%, 11/01/49
|
|
795
|
700,536
|
|
Mobile County Industrial Development Authority, RB
|
|
|
|
|
Series A, AMT, 5.00%, 06/01/54
|
|
19,630
|
18,882,902
|
|
Series B, AMT, 4.75%, 12/01/54
|
|
18,250
|
16,914,969
|
|
Southeast Energy Authority A Cooperative District, RB
|
|
|
|
|
Series A, 5.00%, 01/01/56(c)
|
|
4,200
|
4,372,434
|
|
Series H, 5.00%, 11/01/35
|
|
13,380
|
14,435,846
|
|
Tuscaloosa County Industrial Development Authority,
Refunding RB, Series A, 5.25%, 05/01/44(b)
|
|
1,110
|
1,116,700
|
|
|
|
|
92,924,649
|
|
Alaska — 0.4%
|
|
||
|
Alaska Housing Finance Corp., RB, S/F Housing,
(FHLMC, FNMA, GNMA), 5.00%, 12/01/54
|
|
7,535
|
7,640,706
|
|
Northern Tobacco Securitization Corp., Refunding RB,
CAB, Series B-2, 0.00%, 06/01/66(d)
|
|
20,425
|
2,289,953
|
|
|
|
|
9,930,659
|
|
Arizona — 1.6%
|
|
||
|
Arizona Industrial Development Authority, RB(b)
|
|
|
|
|
7.10%, 01/01/55
|
|
4,400
|
4,417,833
|
|
Series A, 5.00%, 12/15/39
|
|
150
|
150,926
|
|
Series A, 5.00%, 07/01/49
|
|
1,440
|
1,306,077
|
|
Series A, 5.00%, 07/01/54
|
|
1,110
|
985,430
|
|
Series B, 5.13%, 07/01/47
|
|
420
|
394,290
|
|
Security
|
|
Par
(000)
|
Value
|
|
Arizona (continued)
|
|
||
|
Arizona Industrial Development Authority,
RB(b) (continued)
|
|
|
|
|
Series B, 5.25%, 07/01/51
|
$
|
570
|
$ 535,611
|
|
Sustainability Bonds, 5.00%, 07/01/45
|
|
1,135
|
1,040,180
|
|
Sustainability Bonds, 5.00%, 07/01/55
|
|
1,215
|
1,047,808
|
|
Arizona Industrial Development Authority, Refunding
RB(b)
|
|
|
|
|
5.50%, 07/01/52
|
|
2,970
|
2,781,369
|
|
Series A, 5.00%, 07/01/26
|
|
175
|
175,803
|
|
Glendale Industrial Development Authority, RB,
5.00%, 05/15/56
|
|
275
|
236,251
|
|
Industrial Development Authority of the County of
Pima, RB
|
|
|
|
|
5.13%, 07/01/39
|
|
700
|
670,914
|
|
5.25%, 07/01/49
|
|
870
|
758,333
|
|
Industrial Development Authority of the County of
Pima, Refunding RB(b)
|
|
|
|
|
4.00%, 06/15/51
|
|
6,995
|
5,328,049
|
|
5.00%, 07/01/56
|
|
1,255
|
978,407
|
|
La Paz County Industrial Development Authority, RB,
5.88%, 06/15/48(b)
|
|
1,340
|
1,257,000
|
|
Maricopa County Industrial Development Authority,
RB
|
|
|
|
|
7.38%, 10/01/29(b)
|
|
4,000
|
4,263,571
|
|
5.25%, 10/01/40(b)
|
|
1,255
|
1,116,589
|
|
5.50%, 10/01/51(b)
|
|
1,255
|
1,004,524
|
|
Series A, 3.00%, 09/01/51
|
|
2,995
|
2,105,809
|
|
AMT, 4.00%, 10/15/47(b)
|
|
3,175
|
2,699,468
|
|
Sierra Vista Industrial Development Authority, RB(b)
|
|
|
|
|
5.00%, 06/15/34
|
|
150
|
153,910
|
|
5.38%, 06/15/34
|
|
225
|
239,819
|
|
5.00%, 06/15/44
|
|
1,340
|
1,258,715
|
|
6.00%, 06/15/44
|
|
545
|
560,833
|
|
5.00%, 06/15/54
|
|
1,485
|
1,308,385
|
|
6.30%, 06/15/54
|
|
890
|
914,118
|
|
5.75%, 06/15/64
|
|
3,100
|
2,949,507
|
|
|
|
|
40,639,529
|
|
Arkansas — 1.1%
|
|
||
|
Arkansas Development Finance Authority, RB
|
|
|
|
|
AMT, 4.50%, 09/01/49(b)
|
|
4,855
|
4,717,495
|
|
AMT, 4.75%, 09/01/49(b)
|
|
8,005
|
7,838,184
|
|
AMT, Sustainability Bonds, 7.38%, 07/01/48(b)
|
|
7,700
|
8,348,389
|
|
AMT, Sustainability Bonds, 5.70%, 05/01/53
|
|
2,040
|
2,073,095
|
|
Series A, AMT, Sustainability Bonds, 6.88%,
07/01/48(b)
|
|
5,100
|
5,484,739
|
|
|
|
|
28,461,902
|
|
California — 6.1%
|
|
||
|
California Housing Finance Agency, RB, M/F Housing,
Series P-S, Subordinate, 8.00%, 07/01/67(b)(c)
|
|
5,905
|
5,964,150
|
|
California Infrastructure & Economic Development
Bank, Refunding RB, AMT, Sustainability Bonds,
12.00%, 01/01/65(b)(c)
|
|
54,380
|
40,785,000
|
|
California Municipal Finance Authority, ARB, AMT,
Senior Lien, 4.00%, 12/31/47
|
|
2,560
|
2,243,867
|
|
California Municipal Finance Authority, RB(b)
|
|
|
|
|
Series A, 5.00%, 05/01/34
|
|
275
|
287,097
|
|
Series A, 5.50%, 05/01/44
|
|
350
|
355,003
|
|
Series A, 5.75%, 05/01/54
|
|
435
|
436,918
|
|
Series A, 5.88%, 05/01/59
|
|
190
|
191,749
|
|
Security
|
|
Par
(000)
|
Value
|
|
California (continued)
|
|
||
|
California Municipal Finance Authority, RB, M/F
Housing
|
|
|
|
|
Series A, 6.10%, 12/01/37
|
$
|
3,325
|
$ 3,365,655
|
|
Series B, 7.10%, 12/01/37
|
|
2,875
|
2,908,486
|
|
Series A-S, Subordinate, 8.00%, 09/01/55(b)(c)
|
|
2,390
|
2,437,640
|
|
Series A-S, Subordinate, 8.13%, 08/01/56(b)(c)
|
|
1,450
|
1,450,860
|
|
California Municipal Finance Authority, ST
|
|
|
|
|
Series A, 5.00%, 09/01/44
|
|
325
|
331,412
|
|
Series A, 5.00%, 09/01/49
|
|
675
|
665,731
|
|
California Public Finance Authority, RB, Series A,
6.38%, 06/01/59(b)
|
|
7,445
|
7,108,058
|
|
California School Finance Authority, RB(b)
|
|
|
|
|
Series A, 7.00%, 06/01/54
|
|
1,780
|
1,623,628
|
|
Series B, 9.00%, 06/01/34
|
|
180
|
184,209
|
|
California Statewide Communities Development
Authority, RB, M/F Housing, Subordinate, 7.50%,
03/01/68(b)(c)
|
|
2,990
|
3,007,365
|
|
California Statewide Financing Authority, RB,
Series L, 0.00%, 06/01/55(b)(d)
|
|
65,000
|
3,924,966
|
|
City of Los Angeles Department of Airports, Refunding
ARB
|
|
|
|
|
AMT, 5.25%, 05/15/47
|
|
8,000
|
8,340,347
|
|
Series D, AMT, Subordinate, 4.00%, 05/15/51
|
|
16,285
|
14,409,456
|
|
CSCDA Community Improvement Authority, RB, M/F
Housing(b)
|
|
|
|
|
Series A, 3.00%, 09/01/56
|
|
5,550
|
3,777,827
|
|
Mezzanine Lien, 4.00%, 03/01/57
|
|
2,465
|
1,816,881
|
|
Sustainability Bonds, 4.00%, 07/01/56
|
|
1,660
|
1,265,346
|
|
Sustainability Bonds, 4.00%, 07/01/58
|
|
1,405
|
871,939
|
|
Series B, Sustainability Bonds, 4.00%, 07/01/58
|
|
1,585
|
848,791
|
|
Golden State Tobacco Securitization Corp., Refunding
RB, CAB, Series B-2, Subordinate, 0.00%,
06/01/66(d)
|
|
320,380
|
33,599,180
|
|
Hastings Campus Housing Finance Authority, RB,
CAB, Sub-Series A, Sustainability Bonds, 6.75%,
07/01/61(b)(e)
|
|
4,420
|
2,171,260
|
|
Inland Empire Tobacco Securitization Corp., RB,
Series C-1, 0.00%, 06/01/36(d)
|
|
13,205
|
6,532,449
|
|
Rancho Mirage Community Facilities District, ST,
Series A, 5.00%, 09/01/49
|
|
1,030
|
1,035,636
|
|
San Diego County Regional Airport Authority, ARB,
Series B, AMT, Subordinate, 4.00%, 07/01/56
|
|
1,965
|
1,710,421
|
|
|
|
|
153,651,327
|
|
Colorado — 5.3%
|
|
||
|
Aurora Crossroads Metropolitan District No
2 Refunding GOL(e)
|
|
|
|
|
6.25%, 12/01/55
|
|
9,500
|
8,494,815
|
|
6.50%, 12/01/55
|
|
2,450
|
2,179,607
|
|
Banning Lewis Ranch Metropolitan District No. 8,
GOL, 4.88%, 12/01/51(b)
|
|
2,335
|
2,067,461
|
|
Baseline Metropolitan District No. 1, GO, Series B,
Subordinate, 6.75%, 12/15/54
|
|
1,780
|
1,784,420
|
|
Canyons Metropolitan District No. 5, Refunding GOL,
Series B, Subordinate, 6.50%, 12/15/54
|
|
1,625
|
1,612,590
|
|
Cascade Ridge Metropolitan District, GOL, 5.00%,
12/01/51
|
|
3,000
|
2,605,284
|
|
Centerra Metropolitan District No. 1, TA, 5.00%,
12/01/47(b)
|
|
820
|
806,845
|
|
Colorado Educational & Cultural Facilities Authority,
RB(b)
|
|
|
|
|
Senior Lien, 6.88%, 02/01/59
|
|
4,800
|
5,045,290
|
|
Security
|
|
Par
(000)
|
Value
|
|
Colorado (continued)
|
|
||
|
Colorado Educational & Cultural Facilities Authority,
RB(b) (continued)
|
|
|
|
|
Series B, Subordinate Lien, 8.50%, 02/01/59
|
$
|
14,950
|
$ 16,876,587
|
|
Colorado Educational & Cultural Facilities Authority,
Refunding RB, 4.00%, 12/01/30(b)
|
|
540
|
526,922
|
|
Colorado Health Facilities Authority, RB
|
|
|
|
|
5.50%, 11/01/47
|
|
780
|
821,398
|
|
5.25%, 11/01/52
|
|
1,630
|
1,667,460
|
|
Series A, 5.00%, 05/15/35
|
|
1,255
|
1,197,056
|
|
Series A, 5.00%, 05/15/44
|
|
1,415
|
1,163,632
|
|
Series A, 5.00%, 05/15/49
|
|
2,175
|
1,657,952
|
|
Colorado Health Facilities Authority, Refunding RB,
Series A, 3.00%, 11/15/51
|
|
24,210
|
17,359,877
|
|
Constitution Heights Metropolitan District, Refunding
GOL, 5.00%, 12/01/49
|
|
1,242
|
1,169,768
|
|
Copperleaf Metropolitan District No. 5, Refunding
GOL
|
|
|
|
|
Series A, 6.25%, 12/01/45
|
|
1,050
|
1,066,867
|
|
Series A, 6.50%, 12/01/55
|
|
1,470
|
1,489,369
|
|
Creekwalk Marketplace Business Improvement
District, Refunding RB
|
|
|
|
|
Series A, 6.00%, 12/01/54
|
|
6,560
|
6,543,826
|
|
Series B, 8.00%, 12/15/54
|
|
1,710
|
1,700,337
|
|
Eagle Brook Meadows Metropolitan District No. 3,
GOL, Series 2021, 5.00%, 12/01/51
|
|
1,600
|
1,483,601
|
|
Elbert County Independence Water & Sanitation
District, Refunding RB, 5.13%, 12/01/33
|
|
700
|
731,170
|
|
Four Corners Business Improvement District, GOL,
6.00%, 12/01/52
|
|
2,000
|
2,013,610
|
|
Gold Hill North Business Improvement District, GOL,
Series A, 5.60%, 12/01/54(b)
|
|
1,100
|
1,083,293
|
|
Green Valley Ranch East Metropolitan District No
9 GOL, Series A, 6.50%, 12/01/55(e)
|
|
1,450
|
1,161,231
|
|
Green Valley Ranch East Metropolitan District No. 6,
GOL, Series A, 5.88%, 12/01/50
|
|
2,615
|
2,645,779
|
|
Haymeadow Metropolitan District No. 1, GOL,
Series A, 6.13%, 12/01/54
|
|
1,625
|
1,663,982
|
|
Home Place Metropolitan District, GOL, Series A,
5.75%, 12/01/50
|
|
2,336
|
2,352,050
|
|
Horizon Metropolitan District No. 2, GOL, 4.50%,
12/01/51(b)
|
|
1,675
|
1,308,154
|
|
Independence Metropolitan District No. 3, GOL,
Series B, Subordinate, 7.13%, 12/15/54
|
|
654
|
652,018
|
|
Independence Metropolitan District No. 3, Refunding
GOL, Series A, 5.38%, 12/01/54
|
|
2,219
|
2,208,387
|
|
Jefferson Center Metropolitan District No. 1, RB,
Series A-2, 4.38%, 12/01/47
|
|
1,000
|
910,977
|
|
Lanterns Metropolitan District No. 2, GOL, Series A,
4.50%, 12/01/50
|
|
1,810
|
1,393,300
|
|
Longs Peak Metropolitan District, GOL, 5.25%,
12/01/51(b)
|
|
8,250
|
8,017,492
|
|
Loretto Heights Community Authority, RB, 4.88%,
12/01/51
|
|
2,640
|
2,077,885
|
|
North Range Metropolitan District No. 3, GOL,
Series A, 5.25%, 12/01/50
|
|
1,000
|
1,002,315
|
|
Orchard Park Place South Metropolitan District, GOL,
6.00%, 12/01/54(b)
|
|
3,000
|
2,956,259
|
|
Palisade Metropolitan District No. 2, Refunding RB,
CAB, Series B, Convertible, 5.88%, 12/15/54(b)(e)
|
|
2,595
|
2,481,128
|
|
Piney Lake Trails Metropolitan District No 1 GOL,
Series A, 5.88%, 12/01/55
|
|
790
|
791,754
|
|
Security
|
|
Par
(000)
|
Value
|
|
Colorado (continued)
|
|
||
|
Poudre Heights Valley Metropolitan District, GOL,
Series A, 5.50%, 12/01/54(b)
|
$
|
975
|
$ 915,107
|
|
Prairie Farm Metropolitan District, GOL, Series A,
5.25%, 12/01/48
|
|
1,207
|
1,190,596
|
|
Redtail Ridge Metropolitan District, GOL, CAB,
0.00%, 12/01/32(d)
|
|
12,227
|
7,781,872
|
|
Reunion Metropolitan District, RB, Series A, 3.63%,
12/01/44
|
|
1,409
|
1,047,539
|
|
Riverpark Metropolitan District/Arapahoe County,
GOL
|
|
|
|
|
6.00%, 12/01/42
|
|
650
|
665,630
|
|
6.38%, 12/01/54
|
|
1,000
|
1,019,134
|
|
Sojourn at Idlewild Metropolitan District, GOL,
Series A, 6.13%, 12/01/55(b)
|
|
1,000
|
1,025,217
|
|
St Vrain Lakes Metropolitan District No.4, GOL,
Series A, 6.75%, 09/20/54(b)(e)
|
|
2,700
|
1,967,060
|
|
Waters’ Edge Metropolitan District No. 2, GOL,
5.00%, 12/01/51
|
|
2,595
|
2,402,883
|
|
Westcreek Metropolitan District No. 2, GOL, Series A,
5.38%, 12/01/48
|
|
778
|
765,055
|
|
|
|
|
133,551,841
|
|
Connecticut — 0.7%
|
|
||
|
Connecticut State Health & Educational Facilities
Authority, RB
|
|
|
|
|
Series A, 5.00%, 01/01/45(b)
|
|
845
|
758,103
|
|
Series A, 5.00%, 01/01/55(b)
|
|
1,500
|
1,249,733
|
|
Series A, Sustainability Bonds, 5.38%, 07/01/54
|
|
2,915
|
2,798,586
|
|
Mohegan Tribal Finance Authority, RB, 7.00%,
02/01/45(b)
|
|
10,165
|
10,250,694
|
|
Stamford Housing Authority, Refunding RB
|
|
|
|
|
Series A, 6.50%, 10/01/55
|
|
1,325
|
1,352,757
|
|
Series A, 6.25%, 10/01/60
|
|
920
|
921,373
|
|
|
|
|
17,331,246
|
|
Delaware — 0.3%
|
|
||
|
Affordable Housing Opportunities Trust, RB,
Series AH-01, Class B, 6.88%, 05/01/39(b)
|
|
3,600
|
3,670,608
|
|
County of Kent Delaware, RB, Series A, 5.00%,
07/01/53
|
|
1,000
|
917,645
|
|
Town of Bridgeville Delaware, ST(b)
|
|
|
|
|
5.25%, 07/01/44
|
|
135
|
135,691
|
|
5.63%, 07/01/53
|
|
1,595
|
1,605,027
|
|
Town of Milton Delaware, ST(b)
|
|
|
|
|
5.70%, 09/01/44
|
|
600
|
607,296
|
|
5.95%, 09/01/53
|
|
1,000
|
1,009,652
|
|
|
|
|
7,945,919
|
|
District of Columbia — 1.5%
|
|
||
|
District of Columbia Tobacco Settlement Financing
Corp., RB(d)
|
|
|
|
|
Series A, 0.00%, 06/15/46
|
|
61,960
|
14,496,044
|
|
Series B, 0.00%, 06/15/46
|
|
43,620
|
9,812,031
|
|
Series C, 0.00%, 06/15/55
|
|
57,200
|
5,761,773
|
|
District of Columbia Tobacco Settlement Financing
Corp., Refunding RB, 6.75%, 05/15/40
|
|
275
|
284,102
|
|
District of Columbia, RB, Series A, AMT, Sustainability
Bonds, 5.50%, 02/28/37
|
|
880
|
1,020,801
|
|
District of Columbia, Refunding RB, 5.00%, 06/01/46
|
|
2,205
|
2,148,891
|
|
Security
|
|
Par
(000)
|
Value
|
|
District of Columbia (continued)
|
|
||
|
Metropolitan Washington Airports Authority Dulles Toll
Road Revenue, Refunding RB
|
|
|
|
|
Series B, 2nd Lien, (AGM), 0.00%, 10/01/30(d)
|
$
|
3,005
|
$ 2,625,340
|
|
Series B, Subordinate, 4.00%, 10/01/49
|
|
2,170
|
1,900,050
|
|
|
|
|
38,049,032
|
|
Florida — 15.8%
|
|
||
|
Alachua County Health Facilities Authority, RB,
4.00%, 12/01/49
|
|
2,560
|
2,235,049
|
|
Alachua County Housing Finance Authority, RB, M/F
Housing, Series A, 6.30%, 07/01/55(b)(c)
|
|
1,250
|
1,313,824
|
|
Angeline Community Development District, SAB
|
|
|
|
|
5.50%, 05/01/45
|
|
515
|
520,362
|
|
5.75%, 05/01/56
|
|
1,340
|
1,342,712
|
|
Antillia Community Development District, SAB,
5.60%, 05/01/44
|
|
500
|
511,978
|
|
Ave Maria Stewardship Community District, SAB
|
|
|
|
|
4.00%, 05/01/51
|
|
135
|
109,082
|
|
4.00%, 05/01/52
|
|
250
|
200,487
|
|
5.60%, 05/01/56
|
|
1,265
|
1,250,107
|
|
Babcock Ranch Community Independent Special
District, SAB
|
|
|
|
|
4.00%, 05/01/50
|
|
105
|
89,266
|
|
Series 2022, 5.00%, 05/01/42
|
|
1,570
|
1,600,882
|
|
Bella Collina Community Development District, SAB
|
|
|
|
|
5.00%, 05/01/44
|
|
180
|
180,987
|
|
5.30%, 05/01/55
|
|
550
|
542,429
|
|
Bella Tara Community Development District, SAB
|
|
|
|
|
5.88%, 05/01/45
|
|
1,210
|
1,252,975
|
|
6.13%, 05/01/56
|
|
1,840
|
1,893,336
|
|
Bellehaven Community Development District, SAB
|
|
|
|
|
5.80%, 05/01/45
|
|
1,420
|
1,470,065
|
|
6.05%, 05/01/55
|
|
520
|
533,277
|
|
Berry Bay II Community Development District, SAB
|
|
|
|
|
Series 2024, 5.20%, 05/01/44
|
|
550
|
551,595
|
|
Series 2024, 5.45%, 05/01/54
|
|
255
|
248,055
|
|
Boggy Creek Improvement District, Refunding SAB,
Series 2013, 5.13%, 05/01/43
|
|
1,040
|
1,040,175
|
|
Braddock Lakes Community Development District,
SAB
|
|
|
|
|
5.55%, 05/01/45
|
|
1,215
|
1,215,732
|
|
5.75%, 05/01/55
|
|
1,670
|
1,645,767
|
|
Brevard County Health Facilities Authority, Refunding
RB(b)
|
|
|
|
|
4.00%, 11/15/45
|
|
4,040
|
3,209,284
|
|
4.00%, 11/15/55
|
|
5,960
|
4,267,080
|
|
Buckhead Trails Community Development District,
SAB
|
|
|
|
|
5.60%, 05/01/44
|
|
235
|
238,429
|
|
5.88%, 05/01/54
|
|
575
|
575,003
|
|
Series 2022, 5.63%, 05/01/42
|
|
740
|
782,463
|
|
Series 2022, 5.75%, 05/01/52
|
|
495
|
502,199
|
|
Buckhead Trails II Community Development District,
SAB(f)
|
|
|
|
|
5.50%, 05/01/46
|
|
650
|
650,121
|
|
5.80%, 05/01/56
|
|
800
|
799,320
|
|
Capital Projects Finance Authority, RB(b)
|
|
|
|
|
6.13%, 06/15/44
|
|
210
|
216,794
|
|
6.50%, 06/15/54
|
|
275
|
279,926
|
|
Series A-1, 7.50%, 06/15/65
|
|
3,405
|
3,430,139
|
|
Series B-1, 9.00%, 06/15/42
|
|
420
|
420,729
|
|
Security
|
|
Par
(000)
|
Value
|
|
Florida (continued)
|
|
||
|
Capital Region Community Development District,
Refunding SAB, Series A-1, 5.13%, 05/01/39
|
$
|
2,110
|
$ 2,147,944
|
|
Capital Trust Agency, Inc., RB
|
|
|
|
|
4.50%, 01/01/35(b)
|
|
2,210
|
2,196,298
|
|
4.88%, 06/15/56(b)
|
|
6,670
|
5,279,560
|
|
Series A, 5.00%, 06/15/49(b)
|
|
500
|
450,028
|
|
Series A, 5.75%, 06/01/54(b)
|
|
1,925
|
1,613,475
|
|
Series A, 5.00%, 12/15/54
|
|
1,050
|
925,470
|
|
Series B, 0.00%, 01/01/35(d)
|
|
2,765
|
1,670,907
|
|
Series B, 0.00%, 01/01/60(d)
|
|
64,500
|
5,587,970
|
|
Capital Trust Agency, Inc., RB, CAB, 0.00%,
07/01/61(b)(d)
|
|
29,885
|
2,505,056
|
|
Capital Trust Authority, RB(b)
|
|
|
|
|
7.50%, 06/01/55
|
|
2,310
|
2,359,037
|
|
6.13%, 07/01/55
|
|
1,915
|
1,910,620
|
|
8.50%, 07/01/57
|
|
4,050
|
4,059,599
|
|
Series A, 5.00%, 07/01/44
|
|
680
|
632,692
|
|
Series A, 5.25%, 07/01/54
|
|
1,190
|
1,062,812
|
|
Capital Trust Authority, Refunding RB(b)
|
|
|
|
|
Series A, 4.75%, 06/15/40
|
|
405
|
399,492
|
|
Series A, 5.13%, 06/15/50
|
|
375
|
343,460
|
|
Series A, 5.25%, 06/15/59
|
|
525
|
477,735
|
|
Celebration Pointe Community Development District
No. 1, SAB, 5.00%, 05/01/34(g)(h)
|
|
1,180
|
944,000
|
|
Center Lake Ranch West Community Development
District, SAB, 5.60%, 05/01/55(b)
|
|
800
|
798,382
|
|
Central Parc Community Development District, SAB
|
|
|
|
|
5.70%, 05/01/44
|
|
750
|
762,391
|
|
6.00%, 05/01/54
|
|
650
|
654,409
|
|
City of Fort Lauderdale Florida, SAB, 4.00%,
07/01/42(b)
|
|
760
|
699,338
|
|
City of Pompano Beach Florida, Refunding RB,
4.00%, 09/01/50
|
|
4,900
|
4,085,249
|
|
Coastal Ridge Community Development District, SAB
|
|
|
|
|
5.75%, 05/01/45
|
|
2,205
|
2,274,924
|
|
6.00%, 05/01/55
|
|
1,700
|
1,738,111
|
|
Connerton East Community Development District,
SAB
|
|
|
|
|
5.25%, 06/15/45
|
|
570
|
570,133
|
|
5.50%, 06/15/55
|
|
775
|
760,031
|
|
Coral Creek Community Development District, SAB,
5.75%, 05/01/54
|
|
515
|
519,208
|
|
County of Lake Florida, RB, 5.00%, 01/15/49(b)
|
|
825
|
715,068
|
|
County of Okaloosa Florida, RB(b)
|
|
|
|
|
5.50%, 05/15/45
|
|
1,325
|
1,354,854
|
|
5.75%, 05/15/60
|
|
690
|
698,552
|
|
County of Osceola Florida Transportation Revenue,
Refunding RB, CAB(d)
|
|
|
|
|
Series A-2, 0.00%, 10/01/48
|
|
5,125
|
1,553,964
|
|
Series A-2, 0.00%, 10/01/49
|
|
1,770
|
504,814
|
|
Crossings Community Development District, SAB,
5.60%, 05/01/54
|
|
520
|
518,977
|
|
Crosswinds East Community Development District,
SAB, 5.75%, 05/01/54
|
|
380
|
383,854
|
|
Curiosity Creek Community Development District,
SAB(b)
|
|
|
|
|
5.40%, 05/01/44
|
|
365
|
368,331
|
|
5.70%, 05/01/55
|
|
600
|
594,585
|
|
5.88%, 05/01/56
|
|
2,450
|
2,440,715
|
|
Cypress Creek Reserve Community Development
District, SAB
|
|
|
|
|
5.75%, 05/01/45
|
|
570
|
591,023
|
|
6.00%, 05/01/56
|
|
1,150
|
1,180,490
|
|
Security
|
|
Par
(000)
|
Value
|
|
Florida (continued)
|
|
||
|
Cypress Reserve Community Development District,
SAB(b)
|
|
|
|
|
5.60%, 05/01/45
|
$
|
1,750
|
$ 1,766,813
|
|
5.80%, 05/01/56
|
|
2,375
|
2,378,036
|
|
Darby Community Development District, SAB,
Series A-2, 5.88%, 05/01/35
|
|
1,690
|
1,799,093
|
|
East Nassau Stewardship District, SAB, Series 2025,
6.25%, 05/01/56
|
|
5,000
|
5,158,286
|
|
Elevation Pointe Community Development District,
SAB
|
|
|
|
|
Series A-1, 4.40%, 05/01/42
|
|
700
|
680,743
|
|
Series A-1, 4.60%, 05/01/52
|
|
1,090
|
990,601
|
|
Series A-2, 4.40%, 05/01/32
|
|
2,200
|
2,265,324
|
|
Escambia County Health Facilities Authority,
Refunding RB
|
|
|
|
|
(AGM), 3.00%, 08/15/50
|
|
10,000
|
7,091,508
|
|
4.00%, 08/15/50
|
|
6,530
|
5,467,553
|
|
Feed Mill Community Development District, SAB,
5.88%, 05/01/56
|
|
3,500
|
3,512,936
|
|
Firethorn Community Development District, SAB,
5.60%, 05/01/55
|
|
825
|
815,155
|
|
Florida Development Finance Corp., RB
|
|
|
|
|
5.25%, 06/01/55(b)
|
|
2,830
|
2,638,309
|
|
Series A, 5.75%, 06/15/29(b)
|
|
635
|
635,720
|
|
Series A, 6.00%, 06/15/34(b)
|
|
835
|
836,011
|
|
Series A, 4.00%, 06/15/52
|
|
2,875
|
2,340,658
|
|
Series A, 5.00%, 06/15/56
|
|
1,525
|
1,421,582
|
|
Series A, 5.13%, 06/15/55(b)
|
|
10,455
|
8,733,603
|
|
Series B, 4.50%, 12/15/56(b)
|
|
5,945
|
3,873,529
|
|
Series C, 5.75%, 12/15/56(b)
|
|
2,030
|
1,513,633
|
|
AMT, 5.00%, 05/01/29(b)(g)(h)
|
|
3,550
|
3,589,882
|
|
AMT, 6.13%, 07/01/32(b)(c)
|
|
5,000
|
5,015,630
|
|
Series A, AMT, 0.00%, 07/15/59(b)(c)(g)(h)
|
|
15,025
|
5,409,000
|
|
Series A, Class A, AMT, 4.38%, 10/01/54(b)(c)
|
|
2,275
|
2,297,020
|
|
Florida Development Finance Corp., Refunding RB
|
|
|
|
|
Series A, 4.00%, 06/01/46(b)
|
|
1,700
|
1,336,340
|
|
Series A, 4.00%, 06/01/55(b)
|
|
2,750
|
1,989,393
|
|
AMT, 12.00%, 07/15/32(b)(c)(g)(h)
|
|
15,525
|
5,589,000
|
|
AMT, (AGM), 5.00%, 07/01/44
|
|
25,660
|
25,386,192
|
|
AMT, (AGM), 5.25%, 07/01/47
|
|
7,850
|
7,734,487
|
|
AMT, (AGM), 5.25%, 07/01/53
|
|
9,900
|
9,738,514
|
|
Florida Local Government Finance Commission, RB,
6.88%, 11/15/64(b)
|
|
4,800
|
5,021,604
|
|
Gardens at Hammock Beach Community
Development District, SAB
|
|
|
|
|
Series 1, 4.80%, 05/01/31
|
|
195
|
199,412
|
|
Series 1, 5.38%, 05/01/44
|
|
305
|
311,239
|
|
Series 1, 5.65%, 05/01/54
|
|
520
|
523,242
|
|
Series 2, 5.00%, 05/01/31
|
|
180
|
184,059
|
|
Series 2, 5.60%, 05/01/44
|
|
605
|
620,308
|
|
Series 2, 5.88%, 05/01/55
|
|
165
|
167,258
|
|
Gas Worx Community Development District, SAB,
6.00%, 05/01/57(b)
|
|
1,800
|
1,835,554
|
|
GIR East Community Development District, SAB
|
|
|
|
|
4.30%, 05/01/32
|
|
500
|
507,624
|
|
5.30%, 05/01/45
|
|
1,000
|
995,107
|
|
5.50%, 05/01/55
|
|
1,750
|
1,701,876
|
|
Golden Gem Community Development District, SAB
|
|
|
|
|
5.70%, 05/01/44
|
|
2,900
|
2,953,695
|
|
6.00%, 05/01/55
|
|
1,010
|
1,020,779
|
|
Grand Oaks Community Development District, SAB
|
|
|
|
|
4.25%, 05/01/40
|
|
910
|
897,545
|
|
4.50%, 05/01/52
|
|
1,015
|
910,723
|
|
Security
|
|
Par
(000)
|
Value
|
|
Florida (continued)
|
|
||
|
Greater Orlando Aviation Authority RB, AMT, 5.25%,
11/01/35
|
$
|
3,200
|
$ 3,437,326
|
|
Greater Orlando Aviation Authority, ARB, AMT, 5.50%,
11/01/37
|
|
930
|
1,005,287
|
|
Greenbriar Community Development District, SAB
|
|
|
|
|
5.65%, 05/01/45
|
|
585
|
592,073
|
|
5.88%, 05/01/54
|
|
705
|
707,504
|
|
Hammock Oaks Community Development District,
SAB
|
|
|
|
|
5.85%, 05/01/44
|
|
115
|
117,650
|
|
5.55%, 05/01/45(b)
|
|
780
|
792,884
|
|
6.15%, 05/01/54
|
|
790
|
800,951
|
|
5.75%, 05/01/55(b)
|
|
1,165
|
1,172,062
|
|
Harbor Reserve Community Development District,
SAB, 5.75%, 05/01/56
|
|
3,255
|
3,199,115
|
|
Harvest Hills South Community Development District,
SAB, 5.75%, 05/01/56
|
|
2,060
|
2,033,244
|
|
Highland Trails Community Development District,
SAB, 5.85%, 05/01/56
|
|
1,450
|
1,441,445
|
|
Hillcrest Preserve Community Development District,
SAB, 5.30%, 05/01/54(b)
|
|
890
|
855,515
|
|
Hillsborough County Industrial Development Authority,
Refunding RB, Series C, 4.13%, 11/15/51
|
|
5,000
|
4,541,180
|
|
Hobe-St Lucie Conservancy District, SAB, 5.88%,
05/01/55
|
|
635
|
646,199
|
|
Hyde Park Community Development District No. 1,
SAB
|
|
|
|
|
Series A, 4.75%, 05/01/31
|
|
290
|
295,086
|
|
Series A, 5.35%, 05/01/44
|
|
425
|
428,991
|
|
Series A, 5.63%, 05/01/55
|
|
690
|
685,185
|
|
Ibis Landing Community Development District, SAB
|
|
|
|
|
5.70%, 06/15/45
|
|
365
|
379,608
|
|
5.88%, 06/15/55
|
|
475
|
487,126
|
|
KD52 Community Development District No. 1, SAB
|
|
|
|
|
5.00%, 05/01/35
|
|
1,220
|
1,236,121
|
|
5.88%, 05/01/45
|
|
2,475
|
2,484,323
|
|
6.13%, 05/01/56
|
|
4,255
|
4,239,250
|
|
Kings Creek I Community Development District, SAB
|
|
|
|
|
5.75%, 05/01/45
|
|
795
|
815,782
|
|
6.00%, 05/01/55
|
|
795
|
808,197
|
|
Kissimmee Park Community Development District,
SAB
|
|
|
|
|
5.88%, 05/01/45
|
|
1,110
|
1,149,423
|
|
6.13%, 05/01/56
|
|
900
|
926,088
|
|
Lakes of Sarasota Community Development District,
SAB
|
|
|
|
|
Series A, 4.75%, 05/01/31
|
|
355
|
360,918
|
|
Series A, 5.30%, 05/01/44
|
|
425
|
426,733
|
|
Series A, 5.60%, 05/01/55
|
|
695
|
684,757
|
|
Lakeside Preserve Community Development District,
SAB, Series 2023, 6.38%, 05/01/54
|
|
915
|
956,725
|
|
Lakewood Ranch Stewardship District, SAB
|
|
|
|
|
4.95%, 05/01/29(b)
|
|
115
|
117,910
|
|
4.63%, 05/01/31
|
|
215
|
220,273
|
|
5.50%, 05/01/39(b)
|
|
100
|
103,796
|
|
5.50%, 05/01/40
|
|
1,395
|
1,488,637
|
|
5.30%, 05/01/44
|
|
385
|
394,076
|
|
4.88%, 05/01/45
|
|
530
|
517,972
|
|
5.80%, 05/01/45
|
|
1,665
|
1,728,750
|
|
5.13%, 05/01/46
|
|
830
|
830,010
|
|
5.65%, 05/01/48(b)
|
|
130
|
131,835
|
|
4.50%, 05/01/49
|
|
805
|
723,861
|
|
Security
|
|
Par
(000)
|
Value
|
|
Florida (continued)
|
|
||
|
Lakewood Ranch Stewardship District,
SAB (continued)
|
|
|
|
|
4.00%, 05/01/52
|
$
|
790
|
$ 642,088
|
|
5.55%, 05/01/54
|
|
180
|
181,603
|
|
6.00%, 05/01/56
|
|
4,695
|
4,831,622
|
|
Series 1A, 5.00%, 05/01/38
|
|
1,175
|
1,199,375
|
|
Series 1A, 5.10%, 05/01/48
|
|
2,530
|
2,526,727
|
|
Series 1B, 4.75%, 05/01/29
|
|
750
|
766,030
|
|
Series 1B, 5.45%, 05/01/48
|
|
1,930
|
1,949,288
|
|
Lee County Industrial Development Authority, RB
|
|
|
|
|
5.25%, 11/15/54
|
|
2,340
|
2,362,762
|
|
Series B-1, 4.75%, 11/15/29
|
|
985
|
992,673
|
|
Lowery Hills Community Development District, SAB(b)
|
|
|
|
|
5.63%, 05/01/45
|
|
565
|
567,968
|
|
5.85%, 05/01/55
|
|
780
|
778,456
|
|
LT Ranch Community Development District, SAB
|
|
|
|
|
5.50%, 05/01/44
|
|
795
|
820,597
|
|
5.85%, 05/01/54
|
|
600
|
612,786
|
|
LTC Ranch West Residential Community
Development District, Refunding SAB
|
|
|
|
|
Series AA4, 5.38%, 05/01/44
|
|
330
|
330,149
|
|
Series AA4, 5.65%, 05/01/54
|
|
1,195
|
1,172,842
|
|
LTC Ranch West Residential Community
Development District, SAB
|
|
|
|
|
Series AA2, 5.70%, 05/01/44
|
|
185
|
188,425
|
|
Series AA2, 6.00%, 05/01/54
|
|
250
|
251,696
|
|
Malabar Springs Community Development District,
SAB
|
|
|
|
|
5.20%, 05/01/44
|
|
605
|
605,910
|
|
5.50%, 05/01/54
|
|
900
|
875,616
|
|
Marion Ranch Community Development District, SAB
|
|
|
|
|
5.10%, 05/01/31
|
|
215
|
220,511
|
|
5.70%, 05/01/44
|
|
565
|
578,858
|
|
5.95%, 05/01/54
|
|
220
|
223,075
|
|
Mckendree Pointe Community Development District,
SAB, 6.00%, 05/01/56
|
|
1,795
|
1,774,731
|
|
Midtown Miami Community Development District,
Refunding SAB, Series A, 5.00%, 05/01/37
|
|
890
|
890,521
|
|
New Port Corners Community Development District,
SAB, 5.50%, 06/15/55(b)
|
|
900
|
888,982
|
|
Newfield Community Development District, SAB
|
|
|
|
|
5.63%, 05/01/45
|
|
1,805
|
1,848,574
|
|
5.90%, 05/01/56
|
|
1,150
|
1,171,095
|
|
Normandy Community Development District, SAB,
5.55%, 05/01/54(b)
|
|
1,495
|
1,428,601
|
|
North AR-1 Pasco Community Development District,
SAB
|
|
|
|
|
Series A, 5.75%, 05/01/44
|
|
155
|
159,731
|
|
Series A, 6.00%, 05/01/54
|
|
270
|
275,007
|
|
Ormond Crossings West Community Development
District, SAB
|
|
|
|
|
5.75%, 11/01/47
|
|
1,850
|
1,833,938
|
|
6.00%, 11/01/57
|
|
2,150
|
2,122,342
|
|
Palm Beach County Health Facilities Authority, RB,
5.75%, 11/01/50
|
|
790
|
830,886
|
|
Palmetto Ridge Community Development District,
SAB
|
|
|
|
|
5.45%, 05/01/46
|
|
1,000
|
990,894
|
|
5.70%, 05/01/55
|
|
1,600
|
1,572,241
|
|
Parrish Lakes Community Development District, SAB
|
|
|
|
|
5.50%, 05/01/44
|
|
860
|
873,813
|
|
5.80%, 05/01/54
|
|
270
|
270,830
|
|
Security
|
|
Par
(000)
|
Value
|
|
Florida (continued)
|
|
||
|
Parrish Plantation Community Development District,
SAB
|
|
|
|
|
5.80%, 05/01/44
|
$
|
470
|
$ 487,170
|
|
5.88%, 05/01/54
|
|
375
|
382,114
|
|
6.05%, 05/01/54
|
|
885
|
907,797
|
|
Pinery Community Development District, SAB, 5.88%,
05/01/56
|
|
1,600
|
1,587,243
|
|
Poitras East Community Development District, SAB
|
|
|
|
|
5.00%, 05/01/43
|
|
460
|
471,508
|
|
5.25%, 05/01/52
|
|
1,650
|
1,656,467
|
|
Reflection Bay Community Development District, SAB
|
|
|
|
|
5.63%, 05/01/45
|
|
450
|
459,940
|
|
5.88%, 05/01/55
|
|
750
|
760,560
|
|
Reunion East Community Development District, SAB,
Series 2021, 4.00%, 05/01/51
|
|
2,965
|
2,505,246
|
|
Rustic Oaks Community Development District, SAB,
4.00%, 05/01/52
|
|
1,400
|
1,136,181
|
|
Sandridge Community Development District, SAB,
Series A1, 4.00%, 05/01/51
|
|
600
|
515,100
|
|
Sarasota County Public Hospital District, RB, 4.00%,
07/01/52
|
|
5,200
|
4,519,187
|
|
Seminole County Industrial Development Authority
RB, 5.25%, 11/15/39
|
|
2,030
|
2,037,542
|
|
Seminole County Industrial Development Authority,
Refunding RB, 5.75%, 11/15/54
|
|
2,420
|
2,307,605
|
|
Seminole Palms Community Development District,
SAB, 5.50%, 05/01/55(b)
|
|
910
|
878,698
|
|
Shadowlawn Community Development District, SAB,
5.85%, 05/01/54
|
|
355
|
352,377
|
|
Solaeris Community Development District, SAB,
6.30%, 05/01/56(b)
|
|
3,000
|
3,073,966
|
|
Somerset Bay Community Development District,
SAB(b)
|
|
|
|
|
4.85%, 05/01/31
|
|
305
|
310,392
|
|
5.63%, 05/01/44
|
|
925
|
927,802
|
|
5.90%, 05/01/54
|
|
905
|
897,124
|
|
South Broward Hospital District, RB
|
|
|
|
|
(BAM-TCRS), 3.00%, 05/01/51
|
|
415
|
304,041
|
|
Series A, 3.00%, 05/01/51
|
|
16,840
|
12,025,890
|
|
Southern Groves Community Development District
No. 5, SAB
|
|
|
|
|
4.00%, 05/01/30
|
|
170
|
173,470
|
|
4.30%, 05/01/40
|
|
810
|
814,655
|
|
4.50%, 05/01/46
|
|
600
|
559,534
|
|
St. Johns County Industrial Development Authority,
Refunding RB, 4.00%, 08/01/55
|
|
2,700
|
2,252,833
|
|
Starling Community Development District, SAB(b)
|
|
|
|
|
5.38%, 05/01/45
|
|
850
|
846,367
|
|
5.60%, 05/01/56
|
|
1,610
|
1,570,611
|
|
State of Florida Department of Transportation
Turnpike System Revenue, RB, Series B, 3.00%,
07/01/49
|
|
1,000
|
747,078
|
|
Sugarloaf Community Development District, SAB
|
|
|
|
|
5.38%, 12/15/46
|
|
500
|
500,042
|
|
5.63%, 12/15/55
|
|
620
|
614,198
|
|
Sunrise Community Development District, SAB,
5.88%, 05/01/55(b)
|
|
2,300
|
2,240,716
|
|
Talavera Community Development District, SAB,
4.35%, 05/01/40
|
|
520
|
511,851
|
|
Three Rivers Community Development District, SAB,
5.75%, 05/01/56
|
|
3,660
|
3,602,251
|
|
Security
|
|
Par
(000)
|
Value
|
|
Florida (continued)
|
|
||
|
Tolomato Community Development District, SAB,
4.00%, 05/01/51
|
$
|
115
|
$ 94,849
|
|
Tradition Community Development District No. 9, SAB
|
|
|
|
|
5.40%, 05/01/45
|
|
555
|
558,956
|
|
5.65%, 05/01/56
|
|
775
|
775,407
|
|
Trout Creek Community Development District, SAB
|
|
|
|
|
5.38%, 05/01/38
|
|
670
|
685,047
|
|
5.50%, 05/01/49
|
|
1,685
|
1,696,311
|
|
Two Rivers West Community Development District,
SAB
|
|
|
|
|
Series 2024, 4.80%, 05/01/31
|
|
220
|
225,228
|
|
Series 2024, 5.63%, 05/01/44
|
|
750
|
771,232
|
|
Series 2024, 5.88%, 05/01/54
|
|
895
|
911,978
|
|
Village Community Development District No. 14, SAB
|
|
|
|
|
5.38%, 05/01/42
|
|
3,155
|
3,273,696
|
|
5.50%, 05/01/53
|
|
2,355
|
2,390,980
|
|
Village Community Development District No. 16, SAB,
5.13%, 05/01/56
|
|
4,900
|
4,865,125
|
|
Vivid Shores Community Development District, SAB,
5.63%, 05/01/56
|
|
1,700
|
1,695,845
|
|
Volusia County Educational Facility Authority, RB,
5.25%, 06/01/49
|
|
2,680
|
2,728,949
|
|
West Villages Improvement District, SAB
|
|
|
|
|
4.75%, 05/01/39
|
|
885
|
891,450
|
|
5.38%, 05/01/44
|
|
495
|
503,790
|
|
5.00%, 05/01/50
|
|
1,415
|
1,383,488
|
|
5.63%, 05/01/54
|
|
355
|
354,552
|
|
Westside Haines City Community Development
District, SAB, 6.00%, 05/01/54
|
|
640
|
653,132
|
|
Windward at Lakewood Ranch Community
Development District, SAB, 4.25%, 05/01/52
|
|
900
|
759,717
|
|
|
|
|
395,040,162
|
|
Georgia — 1.1%
|
|
||
|
Atlanta Development Authority, TA(b)
|
|
|
|
|
Series A, 5.00%, 04/01/34
|
|
1,720
|
1,769,476
|
|
Series A, 5.50%, 04/01/39
|
|
2,640
|
2,735,608
|
|
Development Authority of Cobb County, RB, Series A,
6.38%, 06/15/58(b)
|
|
690
|
674,923
|
|
East Point Business & Industrial Development
Authority, RB, Series A, 5.25%, 06/15/62(b)
|
|
875
|
525,000
|
|
Main Street Natural Gas, Inc., RB
|
|
|
|
|
Series A, 5.00%, 05/15/49
|
|
3,050
|
3,157,140
|
|
Series A, 5.00%, 06/01/53(c)
|
|
2,000
|
2,123,253
|
|
Metropolitan Atlanta Rapid Transit Authority, RB,
Series A, Sustainability Bonds, 5.00%, 07/01/55
|
|
12,610
|
13,145,450
|
|
Municipal Electric Authority of Georgia, RB, Series A,
5.00%, 07/01/52
|
|
2,765
|
2,780,444
|
|
|
|
|
26,911,294
|
|
Idaho — 0.3%
|
|
||
|
Idaho Health Facilities Authority, Refunding RB,
3.50%, 09/01/33
|
|
375
|
346,730
|
|
Idaho Housing & Finance Association, RB(b)
|
|
|
|
|
Series A, 6.00%, 07/01/39
|
|
370
|
378,480
|
|
Series A, 6.00%, 07/01/49
|
|
595
|
598,196
|
|
Series A, 6.00%, 07/01/54
|
|
570
|
571,722
|
|
Series A, 6.95%, 06/15/55
|
|
1,540
|
1,562,277
|
|
Series C, 5.00%, 12/01/46
|
|
1,000
|
947,424
|
|
Power County Industrial Development Corp., RB,
6.45%, 08/01/32
|
|
265
|
266,098
|
|
Spring Valley Community Infrastructure District No. 1,
GO(f)
|
|
|
|
|
4.00%, 09/01/27
|
|
125
|
125,515
|
|
Security
|
|
Par
(000)
|
Value
|
|
Idaho (continued)
|
|
||
|
Spring Valley Community Infrastructure District No. 1,
GO(f) (continued)
|
|
|
|
|
4.00%, 09/01/30
|
$
|
140
|
$ 140,685
|
|
4.00%, 09/01/31
|
|
75
|
75,251
|
|
4.20%, 09/01/34
|
|
165
|
165,294
|
|
4.30%, 09/01/35
|
|
170
|
170,414
|
|
4.60%, 09/01/38
|
|
195
|
195,369
|
|
4.65%, 09/01/40
|
|
200
|
200,285
|
|
5.13%, 09/01/45
|
|
405
|
405,247
|
|
5.50%, 09/01/55
|
|
675
|
675,102
|
|
|
|
|
6,824,089
|
|
Illinois — 3.4%
|
|
||
|
Chicago Board of Education, GO
|
|
|
|
|
Series A, 4.00%, 12/01/47
|
|
6,000
|
4,898,260
|
|
Series A, 5.75%, 12/01/50
|
|
15,680
|
15,826,613
|
|
Series A, 6.25%, 12/01/50
|
|
2,330
|
2,465,894
|
|
Series D, 5.00%, 12/01/46
|
|
1,800
|
1,716,183
|
|
Series H, 5.00%, 12/01/46
|
|
9,325
|
8,890,783
|
|
Chicago Board of Education, Refunding GO,
Series B, 6.00%, 12/01/44
|
|
4,415
|
4,636,822
|
|
Chicago Transit Authority Sales Tax Receipts Fund,
Refunding RB
|
|
|
|
|
(BAM-TCRS), 4.00%, 12/01/55
|
|
6,000
|
5,217,310
|
|
Series A, 5.00%, 12/01/49
|
|
4,640
|
4,776,411
|
|
City of Chicago Illinois, GO
|
|
|
|
|
Series A, 5.00%, 01/01/44
|
|
2,425
|
2,417,130
|
|
Series F, 6.00%, 01/01/55
|
|
1,095
|
1,143,796
|
|
City of Marion Illinois Sales Tax Revenue, Refunding
RB
|
|
|
|
|
6.38%, 06/01/45
|
|
2,050
|
2,050,625
|
|
6.63%, 06/01/55
|
|
3,800
|
3,786,114
|
|
County of Cook Illinois, RB, M/F Housing, 6.50%,
01/01/45
|
|
4,500
|
4,569,323
|
|
Illinois Finance Authority, Refunding RB
|
|
|
|
|
5.25%, 08/01/35(b)
|
|
1,190
|
1,218,970
|
|
5.38%, 11/01/55
|
|
2,650
|
2,660,484
|
|
Series A, 5.00%, 08/15/52
|
|
4,000
|
4,014,712
|
|
Illinois State Toll Highway Authority, RB, Series A,
5.00%, 01/01/46
|
|
4,640
|
4,841,144
|
|
Metropolitan Pier & Exposition Authority, Refunding
RB, 4.00%, 06/15/50
|
|
9,695
|
8,324,573
|
|
Village of Lincolnwood Illinois, COP, Series B, 5.75%,
12/01/43(b)
|
|
935
|
951,004
|
|
|
|
|
84,406,151
|
|
Indiana — 0.8%
|
|
||
|
City of Valparaiso Indiana, Refunding RB, AMT,
4.50%, 01/01/34(b)
|
|
635
|
658,403
|
|
Indiana Finance Authority, RB
|
|
|
|
|
Series A, 6.13%, 10/15/45(b)
|
|
965
|
967,039
|
|
Series A, 6.38%, 10/15/55(b)
|
|
725
|
726,500
|
|
Series A, AMT, 6.75%, 05/01/39
|
|
2,785
|
3,132,149
|
|
Indiana Finance Authority, Refunding RB
|
|
|
|
|
5.00%, 11/15/42
|
|
2,800
|
3,049,848
|
|
5.00%, 11/15/43
|
|
4,000
|
4,308,478
|
|
Series A, 5.25%, 03/01/50
|
|
1,725
|
1,735,969
|
|
Series A, 5.38%, 03/01/55
|
|
2,035
|
2,055,091
|
|
Security
|
|
Par
(000)
|
Value
|
|
Indiana (continued)
|
|
||
|
Indianapolis Local Public Improvement Bond Bank,
RB, Series E, Convertible, 6.00%, 03/01/53
|
$
|
1,850
|
$ 1,923,558
|
|
Town of Whitestown, Refunding TA, 6.00%,
09/01/50(b)
|
|
1,980
|
1,959,741
|
|
|
|
|
20,516,776
|
|
Iowa — 0.2%
|
|
||
|
Iowa Finance Authority, Refunding RB, Series A,
5.13%, 05/15/59
|
|
4,100
|
3,850,688
|
|
Iowa Higher Education Loan Authority, Refunding RB,
5.50%, 11/01/51
|
|
1,000
|
872,267
|
|
|
|
|
4,722,955
|
|
Kansas — 0.1%
|
|
||
|
City of Manhattan, RB, Series A, 5.50%, 06/01/55
|
|
560
|
562,837
|
|
City of Shawnee Kansas, RB(b)
|
|
|
|
|
5.00%, 08/01/41
|
|
770
|
708,717
|
|
5.00%, 08/01/56
|
|
1,900
|
1,526,521
|
|
|
|
|
2,798,075
|
|
Kentucky(b) — 0.5%
|
|
||
|
City of Henderson Kentucky, RB
|
|
|
|
|
Series A, AMT, 4.70%, 01/01/52
|
|
4,320
|
4,064,210
|
|
Series B, AMT, 4.45%, 01/01/42
|
|
2,540
|
2,548,044
|
|
Series B, AMT, 4.70%, 01/01/52
|
|
6,000
|
5,644,736
|
|
|
|
|
12,256,990
|
|
Louisiana — 1.3%
|
|
||
|
Juban Crossing Community Development District,
SAB, Series A, 6.25%, 06/01/54
|
|
3,000
|
3,095,426
|
|
Louisiana Public Facilities Authority, RB
|
|
|
|
|
6.00%, 06/15/59(b)
|
|
1,750
|
1,754,703
|
|
Series A, 5.25%, 06/01/60(b)
|
|
4,940
|
3,701,075
|
|
Series A, 6.50%, 06/01/62(b)
|
|
855
|
770,353
|
|
AMT, 5.75%, 09/01/64
|
|
9,200
|
9,479,072
|
|
AMT, 5.00%, 09/01/66
|
|
7,000
|
6,590,419
|
|
Class R2, AMT, 6.50%, 10/01/53(b)(c)
|
|
2,160
|
2,264,823
|
|
Parish of St. James Louisiana, RB
|
|
|
|
|
3.70%, 08/01/41(c)
|
|
900
|
918,634
|
|
Series 2, 6.35%, 07/01/40(b)
|
|
3,160
|
3,475,213
|
|
|
|
|
32,049,718
|
|
Maine — 0.8%
|
|
||
|
Finance Authority of Maine, RB
|
|
|
|
|
Series B, 9.50%, 06/01/32
|
|
1,250
|
1,062,311
|
|
Series A, AMT, 8.50%, 06/01/32
|
|
1,250
|
1,062,377
|
|
AMT, Sustainability Bonds, 8.50%, 06/01/35(g)(h)
|
|
6,857
|
3,522,738
|
|
Finance Authority of Maine, Refunding RB, AMT,
4.63%, 12/01/47(b)(c)
|
|
1,300
|
1,344,551
|
|
Maine Health & Higher Educational Facilities
Authority, Refunding RB, 4.00%, 07/01/37(b)
|
|
8,100
|
7,143,662
|
|
Maine State Housing Authority, RB, M/F Housing
|
|
|
|
|
Series E, Sustainability Bonds, 4.55%, 11/15/45
|
|
3,000
|
2,970,051
|
|
Series E, Sustainability Bonds, 4.85%, 11/15/50
|
|
3,000
|
2,993,703
|
|
|
|
|
20,099,393
|
|
Maryland — 0.5%
|
|
||
|
City of Baltimore Maryland, RB
|
|
|
|
|
4.88%, 06/01/42
|
|
260
|
265,104
|
|
5.00%, 06/01/51
|
|
780
|
775,300
|
|
City of Baltimore Maryland, Refunding RB,
Convertible, 5.00%, 09/01/46
|
|
1,500
|
1,470,309
|
|
Security
|
|
Par
(000)
|
Value
|
|
Maryland (continued)
|
|
||
|
City of Baltimore, RB, 5.25%, 06/01/55(b)
|
$
|
925
|
$ 907,777
|
|
Maryland Health & Higher Educational Facilities
Authority, RB, 7.00%, 03/01/55(b)
|
|
8,165
|
8,315,109
|
|
|
|
|
11,733,599
|
|
Massachusetts — 0.5%
|
|
||
|
Massachusetts Development Finance Agency, RB
|
|
|
|
|
Series A-1, 6.38%, 07/15/45(b)
|
|
3,375
|
3,433,269
|
|
Series D, Sustainability Bonds, 4.00%, 07/01/45
|
|
715
|
635,492
|
|
Massachusetts Development Finance Agency,
Refunding RB
|
|
|
|
|
4.13%, 10/01/42(b)
|
|
855
|
808,666
|
|
5.25%, 07/01/52
|
|
4,715
|
4,625,129
|
|
5.00%, 10/01/57(b)
|
|
1,900
|
1,825,264
|
|
|
|
|
11,327,820
|
|
Michigan — 0.8%
|
|
||
|
Advanced Technology Academy, Refunding RB,
5.00%, 11/01/44
|
|
160
|
152,237
|
|
Kalamazoo Economic Development Corp., RB,
6.25%, 08/15/56(b)
|
|
1,360
|
1,378,579
|
|
Michigan Finance Authority, Refunding RB
|
|
|
|
|
4.00%, 12/01/48
|
|
3,345
|
3,016,424
|
|
Series 2, 4.00%, 03/01/51
|
|
3,000
|
2,650,305
|
|
Michigan Strategic Fund, RB
|
|
|
|
|
5.00%, 11/15/42
|
|
280
|
280,436
|
|
AMT, 5.00%, 12/31/43
|
|
2,030
|
2,039,021
|
|
AMT, Sustainability Bonds, 4.00%, 10/01/61(c)
|
|
4,450
|
4,446,989
|
|
Wayne County Airport Authority, ARB, Series A,
(AGM), 5.25%, 12/01/48
|
|
4,575
|
4,821,521
|
|
|
|
|
18,785,512
|
|
Minnesota — 0.4%
|
|
||
|
City of Eagan Minnesota, RB, Series A, 6.38%,
02/01/55(b)
|
|
245
|
238,316
|
|
Duluth Economic Development Authority, Refunding
RB, Series A, 5.25%, 02/15/58
|
|
9,790
|
9,825,645
|
|
|
|
|
10,063,961
|
|
Missouri — 0.2%
|
|
||
|
Industrial Development Authority of the City of St.
Louis Missouri, Refunding RB
|
|
|
|
|
Series A, 4.88%, 06/15/34
|
|
335
|
344,976
|
|
Series A, 4.38%, 11/15/35
|
|
1,020
|
957,515
|
|
Series A, 5.75%, 06/15/54
|
|
1,665
|
1,679,629
|
|
Kansas City Industrial Development Authority, RB
|
|
|
|
|
Series A-1, 5.00%, 06/01/46(b)
|
|
965
|
958,941
|
|
Series A-1, 5.00%, 06/01/54(b)
|
|
625
|
600,951
|
|
Series C, 7.50%, 11/15/46(g)(h)
|
|
425
|
424,970
|
|
Kansas City Industrial Development Authority,
Refunding RB(g)(h)
|
|
|
|
|
Series B, Class B, 5.00%, 11/15/46
|
|
772
|
8
|
|
Series D, Class D, 2.00%, 11/15/46
|
|
345
|
4
|
|
Kansas City Land Clearance Redevelopment
Authority, TA, Series B, Convertible, 5.00%,
02/01/40(b)
|
|
1,240
|
1,248,531
|
|
|
|
|
6,215,525
|
|
Montana — 0.2%
|
|
||
|
City of Forsyth Refunding RB, AMT, 4.00%, 03/01/31
|
|
4,800
|
4,801,004
|
|
Nevada — 0.2%
|
|
||
|
City of Las Vegas Nevada Special Improvement
District No. 613, SAB
|
|
|
|
|
5.25%, 12/01/47
|
|
440
|
438,133
|
|
Security
|
|
Par
(000)
|
Value
|
|
Nevada (continued)
|
|
||
|
City of Las Vegas Nevada Special Improvement
District No. 613, SAB (continued)
|
|
|
|
|
5.50%, 12/01/53
|
$
|
250
|
$ 252,114
|
|
City of Reno Nevada, SAB(b)
|
|
|
|
|
5.00%, 06/01/41
|
|
825
|
854,954
|
|
5.13%, 06/01/47
|
|
1,000
|
984,306
|
|
Tahoe-Douglas Visitors Authority, RB, 5.00%,
07/01/45
|
|
1,460
|
1,470,405
|
|
|
|
|
3,999,912
|
|
New Hampshire — 1.6%
|
|
||
|
New Hampshire Business Finance Authority, RB
|
|
|
|
|
5.38%, 12/01/31(b)
|
|
3,925
|
3,928,395
|
|
5.95%, 12/01/31(b)
|
|
1,345
|
1,346,419
|
|
5.88%, 12/15/33(b)
|
|
4,212
|
4,213,193
|
|
5.25%, 12/01/35(b)
|
|
1,039
|
1,038,915
|
|
5.38%, 12/15/35(b)
|
|
4,440
|
4,438,435
|
|
Series A, 4.13%, 08/15/40
|
|
1,435
|
1,329,715
|
|
Series A, 4.25%, 08/15/46
|
|
1,610
|
1,385,169
|
|
Series A, 4.50%, 08/15/55
|
|
3,350
|
2,778,307
|
|
New Hampshire Business Finance Authority, RB,
CAB(b)(d)
|
|
|
|
|
0.00%, 04/01/32
|
|
1,755
|
1,175,203
|
|
0.00%, 12/15/33
|
|
14,330
|
8,980,099
|
|
New Hampshire Business Finance Authority, RB, M/F
Housing
|
|
|
|
|
1st Series, Class B, 5.75%, 04/28/42
|
|
2,820
|
2,970,142
|
|
Series 2025, Subordinate, 5.15%, 09/28/37
|
|
5,585
|
5,702,617
|
|
|
|
|
39,286,609
|
|
New Jersey — 0.3%
|
|
||
|
New Jersey Economic Development Authority, RB
|
|
|
|
|
Series A, 5.00%, 07/01/37
|
|
375
|
375,867
|
|
Series A, 5.25%, 11/01/54(b)
|
|
3,955
|
3,404,128
|
|
Series B, 6.50%, 04/01/31
|
|
1,790
|
1,802,098
|
|
New Jersey Health Care Facilities Financing
Authority, RB, 4.00%, 07/01/51
|
|
1,960
|
1,782,163
|
|
|
|
|
7,364,256
|
|
New York — 5.4%
|
|
||
|
Albany Capital Resource Corp., Refunding RB,
4.00%, 07/01/41(g)(h)
|
|
2,114
|
42,290
|
|
Build NYC Resource Corp., RB
|
|
|
|
|
Series A, 5.00%, 07/01/32
|
|
2,255
|
2,262,686
|
|
Series A, 5.13%, 07/01/33
|
|
620
|
651,545
|
|
Series A, 6.13%, 07/01/43
|
|
1,780
|
1,862,143
|
|
Series A, 6.38%, 07/01/53
|
|
3,260
|
3,341,137
|
|
Build NYC Resource Corp., Refunding RB, AMT,
5.00%, 01/01/35(b)
|
|
1,965
|
1,968,557
|
|
Dutchess County Local Development Corp.,
Refunding RB, Series B, Refunding RB, 4.00%,
07/01/49
|
|
5,000
|
4,399,469
|
|
Huntington Local Development Corp., RB, Series A,
5.25%, 07/01/56
|
|
585
|
475,043
|
|
New York City Housing Development Corp., RB, M/F
Housing
|
|
|
|
|
Series C-1A, 4.20%, 11/01/44
|
|
3,190
|
3,120,173
|
|
Sustainability Bonds, 4.80%, 11/01/55
|
|
10,000
|
9,945,650
|
|
New York City Transitional Finance Authority Future
Tax Secured Revenue, RB, Series E, Subordinate,
5.00%, 11/01/53
|
|
5,000
|
5,116,454
|
|
New York Counties Tobacco Trust IV, Refunding RB,
Series A, 6.25%, 06/01/41(b)
|
|
3,000
|
2,945,491
|
|
Security
|
|
Par
(000)
|
Value
|
|
New York (continued)
|
|
||
|
New York Liberty Development Corp., Refunding RB
|
|
|
|
|
3.25%, 09/15/52
|
$
|
9,045
|
$ 6,669,290
|
|
Class 2, 5.38%, 11/15/40(b)
|
|
1,600
|
1,600,080
|
|
Series 1, 2.75%, 02/15/44
|
|
5,320
|
4,061,315
|
|
Series A, Sustainability Bonds, 3.00%, 11/15/51
|
|
8,150
|
5,859,887
|
|
Series A, Sustainability Bonds, (BAM-TCRS),
3.00%, 11/15/51
|
|
3,800
|
2,760,810
|
|
New York State Dormitory Authority, RB, Series A,
5.00%, 03/15/55
|
|
5,000
|
5,142,350
|
|
New York State Dormitory Authority, Refunding RB
|
|
|
|
|
4.25%, 05/01/52
|
|
1,645
|
1,492,967
|
|
Series A, 3.00%, 03/15/51
|
|
4,200
|
3,052,733
|
|
Series B, 5.00%, 03/15/54
|
|
1,380
|
1,422,319
|
|
New York Transportation Development Corp., ARB
|
|
|
|
|
AMT, 5.00%, 12/01/35
|
|
10,000
|
10,901,488
|
|
AMT, 5.63%, 04/01/40
|
|
2,215
|
2,351,608
|
|
Series A, AMT, 5.38%, 08/01/36
|
|
3,665
|
3,839,656
|
|
AMT, Sustainability Bonds, (AGM), 6.00%,
06/30/50
|
|
3,000
|
3,255,716
|
|
AMT, Sustainability Bonds, 6.00%, 06/30/55
|
|
8,000
|
8,478,554
|
|
New York Transportation Development Corp., RB
|
|
|
|
|
AMT, 5.00%, 10/01/35
|
|
3,845
|
4,082,331
|
|
AMT, 4.00%, 04/30/53
|
|
4,620
|
3,909,643
|
|
AMT, Sustainability Bonds, (AGM), 5.13%,
06/30/60
|
|
9,900
|
9,882,734
|
|
Suffolk Regional Off-Track Betting Corp., RB
|
|
|
|
|
5.00%, 12/01/34
|
|
1,570
|
1,627,954
|
|
5.75%, 12/01/44
|
|
2,600
|
2,667,108
|
|
6.00%, 12/01/53
|
|
3,800
|
3,874,636
|
|
TSASC, Inc., Refunding RB, Series B, 5.00%,
06/01/48
|
|
1,625
|
1,466,451
|
|
Ulster County Capital Resource Corp., RB, 5.88%,
09/15/59(b)
|
|
2,500
|
2,505,111
|
|
Westchester County Local Development Corp.,
Refunding RB(b)
|
|
|
|
|
5.00%, 07/01/41
|
|
3,300
|
3,353,202
|
|
5.00%, 07/01/46
|
|
2,205
|
2,093,443
|
|
Westchester Tobacco Asset Securitization Corp.,
Refunding RB
|
|
|
|
|
Sub-Series C, 4.00%, 06/01/42
|
|
670
|
548,512
|
|
Sub-Series C, 5.13%, 06/01/51
|
|
2,000
|
1,708,778
|
|
|
|
|
134,739,314
|
|
North Carolina — 0.4%
|
|
||
|
North Carolina Medical Care Commission, RB,
5.25%, 11/01/56
|
|
6,175
|
6,200,840
|
|
North Carolina Turnpike Authority, RB, Series A,
(AGM), 5.00%, 01/01/58
|
|
3,985
|
4,048,707
|
|
|
|
|
10,249,547
|
|
North Dakota — 0.7%
|
|
||
|
City of Grand Forks North Dakota, RB, Series A,
(AGM), 5.00%, 12/01/48
|
|
1,765
|
1,798,289
|
|
County of Cass North Dakota, Refunding RB,
Series B, 5.25%, 02/15/58
|
|
1,785
|
1,791,499
|
|
North Dakota Housing Finance Agency, RB, S/F
Housing
|
|
|
|
|
Sustainability Bonds, 4.70%, 07/01/45
|
|
5,000
|
5,029,347
|
|
Sustainability Bonds, 4.95%, 07/01/50
|
|
10,000
|
10,077,955
|
|
|
|
|
18,697,090
|
|
Ohio — 2.3%
|
|
||
|
Buckeye Tobacco Settlement Financing Authority,
Refunding RB, Series B-2, Class 2, 5.00%,
06/01/55
|
|
37,450
|
30,799,850
|
|
Security
|
|
Par
(000)
|
Value
|
|
Ohio (continued)
|
|
||
|
Cleveland-Cuyahoga County Port Authority,
Refunding RB(b)
|
|
|
|
|
Series A, 5.38%, 01/01/39
|
$
|
455
|
$ 468,886
|
|
Series A, 5.88%, 01/01/49
|
|
1,095
|
1,091,039
|
|
County of Hamilton Ohio, Refunding RB, 5.00%,
01/01/46
|
|
1,435
|
1,415,489
|
|
County of Hardin Ohio, Refunding RB
|
|
|
|
|
5.00%, 05/01/30
|
|
620
|
623,456
|
|
5.25%, 05/01/40
|
|
615
|
597,200
|
|
5.50%, 05/01/50
|
|
2,895
|
2,602,928
|
|
Hickory Chase Community Authority, Refunding RB,
5.00%, 12/01/40(b)
|
|
4,500
|
4,594,532
|
|
New York Energy Finance Development Corp.,
Refunding RB, Series B-3, Class 2, 0.00%,
06/01/57(d)
|
|
102,740
|
7,800,607
|
|
Ohio Higher Educational Facility Commission,
Refunding RB, 4.00%, 10/01/47
|
|
3,500
|
2,846,952
|
|
Ohio Housing Finance Agency, RB, M/F Housing,
Series A, 5.70%, 08/01/43(b)
|
|
3,500
|
3,654,400
|
|
|
|
|
56,495,339
|
|
Oklahoma — 1.0%
|
|
||
|
Oklahoma Development Finance Authority, RB(b)
|
|
|
|
|
7.25%, 09/01/51
|
|
14,040
|
13,861,234
|
|
Series A-2, 7.25%, 09/01/51
|
|
1,920
|
1,895,553
|
|
Tulsa County Industrial Authority, Refunding RB,
5.25%, 11/15/37
|
|
1,050
|
1,067,125
|
|
Tulsa Municipal Airport Trust Trustees, Refunding
ARB, AMT, 6.25%, 12/01/40
|
|
6,420
|
7,213,970
|
|
Tulsa Municipal Airport Trust Trustees, Refunding RB,
Series C, AMT, 5.50%, 12/01/35
|
|
1,260
|
1,261,510
|
|
|
|
|
25,299,392
|
|
Oregon — 0.8%
|
|
||
|
Clackamas County Hospital Facility Authority,
Refunding RB, Series A, 5.25%, 11/15/50
|
|
800
|
790,831
|
|
Oregon Health & Science University, Refunding RB,
Series A, Sustainability Bonds, 3.00%, 07/01/51
|
|
3,300
|
2,328,551
|
|
Oregon State Facilities Authority, RB(b)
|
|
|
|
|
Series A, 5.00%, 06/15/49
|
|
915
|
813,903
|
|
Series A, 5.25%, 06/15/55
|
|
505
|
453,535
|
|
Port of Morrow Oregon, GOL, Series A, 5.15%,
10/01/26(b)
|
|
15,040
|
15,044,184
|
|
|
|
|
19,431,004
|
|
Pennsylvania — 2.7%
|
|
||
|
Allegheny Community Broadband, Inc., RB(b)
|
|
|
|
|
7.75%, 09/01/45
|
|
530
|
523,848
|
|
8.00%, 09/01/51
|
|
625
|
608,794
|
|
Allentown Neighborhood Improvement Zone
Development Authority, RB(b)
|
|
|
|
|
Series A, 5.25%, 05/01/32
|
|
300
|
309,472
|
|
Series A, 5.25%, 05/01/42
|
|
300
|
305,387
|
|
Beaver County Industrial Development Authority,
Refunding RB, Series B, 3.75%, 10/01/47
|
|
10,165
|
8,483,621
|
|
Doylestown Hospital Authority, Refunding RB(b)
|
|
|
|
|
5.00%, 07/01/31
|
|
485
|
517,076
|
|
5.38%, 07/01/39
|
|
1,125
|
1,244,610
|
|
Lancaster County Hospital Authority, RB, 5.00%,
11/01/46
|
|
4,890
|
4,936,359
|
|
Lancaster Municipal Authority, RB, Series B, 5.00%,
05/01/54
|
|
300
|
295,164
|
|
Montgomery County Higher Education and Health
Authority, Refunding RB, (BAM-TCRS), 4.00%,
09/01/49
|
|
3,000
|
2,678,995
|
|
Security
|
|
Par
(000)
|
Value
|
|
Pennsylvania (continued)
|
|
||
|
Pennsylvania Economic Development Financing
Authority, RB
|
|
|
|
|
6.88%, 09/01/47(b)
|
$
|
16,590
|
$ 17,331,447
|
|
AMT, 5.75%, 06/30/48
|
|
2,890
|
3,031,426
|
|
AMT, 5.25%, 06/30/53
|
|
8,940
|
9,030,375
|
|
Pennsylvania Economic Development Financing
Authority, Refunding RB
|
|
|
|
|
Series B, 5.25%, 12/01/38(c)
|
|
1,750
|
1,758,762
|
|
Series C, 5.25%, 12/01/37(c)
|
|
3,065
|
3,080,472
|
|
AMT, 5.50%, 11/01/44
|
|
5,390
|
5,392,403
|
|
Pennsylvania Higher Education Assistance Agency,
RB
|
|
|
|
|
Series 1A, AMT, 4.75%, 06/01/46
|
|
2,980
|
2,998,354
|
|
Sub-Series 1C, AMT, 5.00%, 06/01/51
|
|
640
|
612,436
|
|
Pennsylvania Housing Finance Agency, RB, S/F
Housing, Sustainability Bonds, 4.90%, 10/01/50
|
|
4,000
|
4,015,568
|
|
School District of Philadelphia, GOL, Series A, (SAW),
5.50%, 09/01/48
|
|
490
|
517,774
|
|
|
|
|
67,672,343
|
|
Puerto Rico — 8.1%
|
|
||
|
Children’s Trust Fund, RB, Series A, 0.00%,
05/15/57(d)
|
|
80,860
|
3,834,042
|
|
Children’s Trust Fund, Refunding RB, Series B,
0.00%, 05/15/55(d)
|
|
2,000
|
240,550
|
|
Commonwealth of Puerto Rico, GO
|
|
|
|
|
Series A-1, Restructured, 5.63%, 07/01/29
|
|
3,605
|
3,830,188
|
|
Series A-1, Restructured, 5.75%, 07/01/31
|
|
3,402
|
3,755,513
|
|
Series A-1, Restructured, 4.00%, 07/01/41
|
|
1,059
|
994,475
|
|
Series A-1, Restructured, 4.00%, 07/01/46
|
|
15,918
|
14,175,517
|
|
Commonwealth of Puerto Rico, GO, CAB, Series A,
Restructured, 0.00%, 07/01/33(d)
|
|
5,283
|
3,866,795
|
|
Commonwealth of Puerto Rico, NOTES(c)
|
|
|
|
|
0.00%, 11/01/51(g)(h)
|
|
96,814
|
58,572,570
|
|
0.00%, 11/01/51
|
|
36,200
|
10,769,500
|
|
Series A-1, 0.00%, 11/01/43(g)(h)
|
|
10,800
|
7,074,000
|
|
PRIFA Custodial Trust, RB, Series 2005, 0.00%,
03/15/49
|
|
3,300
|
821,653
|
|
Puerto Rico Electric Power Authority, RB
|
|
|
|
|
5.00%, 07/01/27
|
|
2,290
|
1,525,712
|
|
Series A, 7.25%, 07/01/30(g)(h)
|
|
250
|
166,563
|
|
Series A, 7.00%, 07/01/33(g)(h)
|
|
8,735
|
5,819,694
|
|
Series A, 6.75%, 07/01/36(g)(h)
|
|
5,830
|
3,884,237
|
|
Series A, 7.00%, 07/01/40
|
|
1,000
|
666,250
|
|
Series A, 5.00%, 07/01/42(g)(h)
|
|
1,605
|
1,069,331
|
|
Series A, 5.05%, 07/01/42(g)(h)
|
|
1,080
|
719,550
|
|
Series A, 7.00%, 07/01/43(g)(h)
|
|
775
|
516,344
|
|
Series A-1, 10.00%, 07/01/19(g)(h)
|
|
230
|
153,667
|
|
Series A-2, 10.00%, 07/01/19(g)(h)
|
|
1,161
|
775,253
|
|
Series A-3, 10.00%, 07/01/19(g)(h)
|
|
748
|
499,068
|
|
Series B-3, 10.00%, 07/01/19(g)(h)
|
|
748
|
499,068
|
|
Series C-1, 5.40%, 01/01/18(g)(h)
|
|
2,054
|
1,371,162
|
|
Series C-2, 5.40%, 07/01/18(g)(h)
|
|
2,055
|
1,371,384
|
|
Series C-3, 5.40%, 01/01/20(g)(h)
|
|
208
|
138,624
|
|
Series C-4, 5.40%, 07/01/20(g)(h)
|
|
208
|
138,624
|
|
Series CCC, 5.00%, 07/01/22
|
|
715
|
477,263
|
|
Series CCC, 5.00%, 07/01/25
|
|
620
|
413,850
|
|
Series CCC, 5.25%, 07/01/26(g)(h)
|
|
590
|
393,088
|
|
Series CCC, 5.25%, 07/01/28(g)(h)
|
|
1,945
|
1,295,856
|
|
Series D-1, 7.50%, 01/01/20(g)(h)
|
|
2,332
|
1,556,764
|
|
Series D-2, 7.50%, 01/01/20(g)(h)
|
|
4,430
|
2,956,980
|
|
Series D-4, 7.50%, 07/01/20(g)(h)
|
|
709
|
473,428
|
|
Security
|
|
Par
(000)
|
Value
|
|
Puerto Rico (continued)
|
|
||
|
Puerto Rico Electric Power Authority, RB (continued)
|
|
|
|
|
Series TT, 5.00%, 07/01/18(g)(h)
|
$
|
900
|
$ 600,750
|
|
Series WW, 5.50%, 07/01/17(g)(h)
|
|
475
|
317,063
|
|
Series WW, 5.50%, 07/01/18(g)(h)
|
|
415
|
277,013
|
|
Series WW, 5.50%, 07/01/19(g)(h)
|
|
335
|
223,613
|
|
Series WW, 5.38%, 07/01/22(g)(h)
|
|
4,500
|
3,003,750
|
|
Series WW, 5.38%, 07/01/24(g)(h)
|
|
815
|
544,012
|
|
Series WW, 5.25%, 07/01/25
|
|
1,940
|
1,294,950
|
|
Series WW, 5.25%, 07/01/33(g)(h)
|
|
315
|
209,869
|
|
Series WW, 5.50%, 07/01/38(g)(h)
|
|
415
|
276,494
|
|
Series XX, 5.25%, 07/01/17(g)(h)
|
|
230
|
153,238
|
|
Series XX, 5.25%, 07/01/35(g)(h)
|
|
705
|
469,706
|
|
Series XX, 5.75%, 07/01/36(g)(h)
|
|
2,870
|
1,912,137
|
|
Series XX, 5.25%, 07/01/40(g)(h)
|
|
8,150
|
5,429,937
|
|
Puerto Rico Electric Power Authority, Refunding RB
|
|
|
|
|
Series AAA, 5.25%, 07/01/22(g)(h)
|
|
765
|
510,637
|
|
Series AAA, 5.25%, 07/01/25
|
|
3,560
|
2,376,300
|
|
Series AAA, 5.25%, 07/01/28(g)(h)
|
|
3,655
|
2,435,144
|
|
Series AAA, 5.25%, 07/01/29(g)(h)
|
|
190
|
126,588
|
|
Series UU, 0.00%, 07/01/17(c)(g)(h)
|
|
2,660
|
1,775,550
|
|
Series UU, 0.00%, 07/01/18(c)(g)(h)
|
|
125
|
83,438
|
|
Series UU, 0.00%, 07/01/20(c)(g)(h)
|
|
1,135
|
757,612
|
|
Series UU, 1.00%, 07/01/31(c)(g)(h)
|
|
1,345
|
896,106
|
|
Series ZZ, 5.25%, 07/01/19(g)(h)
|
|
1,050
|
700,875
|
|
Series ZZ, 5.25%, 07/01/23(g)(h)
|
|
370
|
246,975
|
|
Series ZZ, 5.25%, 07/01/25(g)(h)
|
|
265
|
176,888
|
|
Series ZZ, 5.00%, 07/01/28(g)(h)
|
|
345
|
229,856
|
|
Series ZZ, 5.00%, 12/29/49(g)(h)
|
|
330
|
220,275
|
|
Puerto Rico Industrial Tourist Educational Medical &
Envirml Ctl Facs Fing Authority, ARB
|
|
|
|
|
Series A-1, AMT, 6.75%, 01/01/45
|
|
680
|
770,460
|
|
Series A-2, AMT, 6.50%, 01/01/42
|
|
445
|
507,930
|
|
Series A-2, AMT, 6.75%, 01/01/45
|
|
680
|
770,460
|
|
Puerto Rico Sales Tax Financing Corp. Sales Tax
Revenue, RB
|
|
|
|
|
Series A-1, Restructured, 5.00%, 07/01/58
|
|
11,600
|
11,353,543
|
|
Series A-2, Restructured, 4.54%, 07/01/53
|
|
1,564
|
1,441,278
|
|
Series A-2, Restructured, 4.78%, 07/01/58
|
|
1,495
|
1,426,112
|
|
Series B-1, Restructured, 5.00%, 07/01/58
|
|
4,880
|
4,709,149
|
|
Series B-2, Restructured, 4.78%, 07/01/58
|
|
626
|
597,154
|
|
Puerto Rico Sales Tax Financing Corp. Sales Tax
Revenue, RB, CAB(d)
|
|
|
|
|
Series A-1, Restructured, 0.00%, 07/01/33
|
|
2,574
|
1,968,226
|
|
Series A-1, Restructured, 0.00%, 07/01/46
|
|
47,577
|
16,484,550
|
|
Series B-1, Restructured, 0.00%, 07/01/46
|
|
8,066
|
2,794,720
|
|
|
|
|
202,888,921
|
|
Rhode Island — 0.2%
|
|
||
|
Rhode Island Health and Educational Building Corp.
RB, Series A, (AGM), 5.00%, 07/01/65
|
|
5,080
|
5,003,693
|
|
Tobacco Settlement Financing Corp., RB, CAB,
Series A, 0.00%, 06/01/52(d)
|
|
6,280
|
912,790
|
|
|
|
|
5,916,483
|
|
South Carolina — 1.4%
|
|
||
|
City of Goose Creek South Carolina, SAB, 5.25%,
10/01/45(b)
|
|
1,000
|
1,002,978
|
|
City of Hardeeville South Carolina, SAB(b)
|
|
|
|
|
3.50%, 05/01/32
|
|
110
|
100,300
|
|
3.88%, 05/01/41
|
|
240
|
205,579
|
|
4.00%, 05/01/52
|
|
165
|
124,274
|
|
Security
|
|
Par
(000)
|
Value
|
|
South Carolina (continued)
|
|
||
|
County of Dorchester South Carolina, SAB, 6.00%,
10/01/51(b)
|
$
|
2,240
|
$ 2,256,167
|
|
South Carolina Jobs-Economic Development
Authority, RB
|
|
|
|
|
7.50%, 08/15/62(b)
|
|
1,935
|
1,728,431
|
|
Series A, 5.63%, 10/01/60
|
|
1,330
|
1,311,740
|
|
South Carolina Jobs-Economic Development
Authority, RB, M/F Housing(b)
|
|
|
|
|
6.88%, 03/01/65(c)
|
|
14,770
|
14,072,491
|
|
Series A, 6.75%, 12/01/60
|
|
14,985
|
14,793,395
|
|
|
|
|
35,595,355
|
|
Tennessee — 1.2%
|
|
||
|
Metropolitan Government Nashville & Davidson
County Health & Educational Fcilities Board,
Refunding RB, 4.00%, 10/01/49
|
|
1,635
|
1,323,935
|
|
Metropolitan Government Nashville & Davidson
County Industrial Development Board, SAB, CAB,
0.00%, 06/01/43(b)(d)
|
|
3,830
|
1,662,151
|
|
Metropolitan Nashville Airport Authority, ARB(f)
|
|
|
|
|
Series B, AMT, 5.25%, 07/01/56
|
|
4,410
|
4,573,439
|
|
Series B, AMT, 5.50%, 07/01/56
|
|
7,400
|
7,860,965
|
|
Tennergy Corp., RB, Series A, 5.50%, 10/01/53(c)
|
|
7,435
|
7,954,390
|
|
Tennessee Energy Acquisition Corp., RB, Series A,
5.00%, 05/01/52(c)
|
|
6,360
|
6,827,142
|
|
|
|
|
30,202,022
|
|
Texas — 6.6%
|
|
||
|
Angelina & Neches River Authority, RB, Series A,
AMT, 7.50%, 12/01/45(b)(g)(h)
|
|
2,340
|
46,800
|
|
Arlington Higher Education Finance Corp., RB(b)(g)(h)
|
|
|
|
|
5.63%, 08/15/54
|
|
6,160
|
4,628,646
|
|
7.50%, 04/01/62
|
|
1,970
|
985,000
|
|
7.88%, 11/01/62
|
|
1,670
|
1,002,000
|
|
Arlington Higher Education Finance Corp., Refunding
RB, (PSF), 3.00%, 08/15/50
|
|
4,405
|
3,156,028
|
|
Beaumont Housing Authority, RB, M/F Housing,
Series A, Senior Lien, 6.50%, 07/01/55(b)
|
|
1,270
|
1,255,167
|
|
Central Texas Regional Mobility Authority, Refunding
RB(d)
|
|
|
|
|
0.00%, 01/01/28
|
|
3,000
|
2,848,060
|
|
0.00%, 01/01/29
|
|
500
|
461,313
|
|
0.00%, 01/01/30
|
|
1,330
|
1,193,387
|
|
0.00%, 01/01/31
|
|
4,000
|
3,484,498
|
|
City of Anna Texas, SAB
|
|
|
|
|
4.88%, 09/15/31(b)
|
|
202
|
206,216
|
|
5.50%, 09/15/44(b)
|
|
769
|
780,178
|
|
5.75%, 09/15/54(b)
|
|
195
|
196,636
|
|
5.50%, 09/15/55
|
|
1,000
|
999,121
|
|
City of Aubrey Texas, SAB(b)
|
|
|
|
|
5.38%, 12/31/45
|
|
1,000
|
989,366
|
|
5.63%, 12/31/55
|
|
1,750
|
1,729,026
|
|
City of Bastrop Texas, SAB(b)
|
|
|
|
|
5.38%, 09/01/45
|
|
390
|
392,982
|
|
5.63%, 09/01/55
|
|
780
|
783,772
|
|
City of Buda Texas, SAB(b)
|
|
|
|
|
6.00%, 09/01/55
|
|
1,080
|
1,058,682
|
|
6.75%, 09/01/55
|
|
2,170
|
2,130,302
|
|
City of Celina Texas, SAB(b)
|
|
|
|
|
5.38%, 09/01/45
|
|
390
|
386,920
|
|
5.50%, 09/01/45
|
|
100
|
100,320
|
|
5.63%, 09/01/55
|
|
1,010
|
994,190
|
|
Security
|
|
Par
(000)
|
Value
|
|
Texas (continued)
|
|
||
|
City of Corpus Christi Texas, SAB
|
|
|
|
|
5.38%, 09/15/31
|
$
|
53
|
$ 55,218
|
|
6.13%, 09/15/44
|
|
450
|
451,720
|
|
6.50%, 09/15/54
|
|
767
|
764,429
|
|
City of Crandall Texas, SAB(b)
|
|
|
|
|
5.00%, 09/15/41
|
|
500
|
489,375
|
|
5.25%, 09/15/45
|
|
270
|
267,182
|
|
5.50%, 09/15/55
|
|
650
|
642,872
|
|
5.63%, 09/15/55
|
|
1,450
|
1,429,208
|
|
City of Ennis Texas, SAB(b)
|
|
|
|
|
5.25%, 09/15/45
|
|
600
|
594,459
|
|
5.50%, 09/15/55
|
|
880
|
860,371
|
|
City of Fate Texas, SAB, 5.75%, 08/15/54(b)
|
|
290
|
290,681
|
|
City of Friendswood Texas, SAB, 7.00%, 09/15/54
|
|
2,146
|
2,150,534
|
|
City of Houston Texas Airport System Revenue, ARB,
Series A, AMT, 4.00%, 07/01/41
|
|
3,600
|
3,316,528
|
|
City of Houston Texas Airport System Revenue,
Refunding RB
|
|
|
|
|
AMT, 5.00%, 07/01/29
|
|
5,400
|
5,407,084
|
|
Series C, AMT, 5.00%, 07/15/27
|
|
5,525
|
5,622,364
|
|
City of Hutto Texas, SAB(b)
|
|
|
|
|
5.13%, 09/01/45
|
|
300
|
295,409
|
|
5.38%, 09/01/60
|
|
1,000
|
968,770
|
|
City of Lavon Texas, SAB
|
|
|
|
|
5.75%, 09/15/55
|
|
1,450
|
1,442,621
|
|
6.38%, 09/15/55
|
|
1,200
|
1,184,073
|
|
City of Marble Falls Texas, SAB(b)
|
|
|
|
|
4.63%, 09/01/31
|
|
100
|
98,583
|
|
4.88%, 09/01/41
|
|
295
|
281,730
|
|
6.38%, 09/01/44
|
|
180
|
176,831
|
|
5.13%, 09/01/51
|
|
500
|
447,430
|
|
6.63%, 09/01/54
|
|
1,140
|
1,097,603
|
|
City of Oak Point Texas, SAB(b)
|
|
|
|
|
5.10%, 09/15/44
|
|
500
|
493,104
|
|
5.25%, 09/15/54
|
|
230
|
218,717
|
|
5.63%, 09/15/54
|
|
1,000
|
987,281
|
|
City of Pilot Point Texas, SAB, 6.13%, 09/15/45(b)
|
|
1,440
|
1,489,476
|
|
City of Princeton Texas, SAB(b)
|
|
|
|
|
4.38%, 09/01/31
|
|
150
|
151,456
|
|
5.00%, 09/01/44
|
|
350
|
348,752
|
|
5.13%, 09/01/44
|
|
425
|
418,259
|
|
5.38%, 09/01/45
|
|
715
|
719,136
|
|
5.25%, 09/01/54
|
|
575
|
561,269
|
|
5.38%, 09/01/54
|
|
642
|
623,733
|
|
5.63%, 09/01/55
|
|
2,460
|
2,454,646
|
|
City of San Marcos Texas, SAB(b)
|
|
|
|
|
3.75%, 09/01/27
|
|
100
|
99,267
|
|
4.00%, 09/01/32
|
|
237
|
232,786
|
|
4.25%, 09/01/42
|
|
750
|
686,936
|
|
4.50%, 09/01/51
|
|
520
|
449,145
|
|
City of Seagoville Texas, SAB(b)
|
|
|
|
|
5.75%, 09/15/45
|
|
625
|
639,417
|
|
6.00%, 09/15/54
|
|
295
|
301,385
|
|
City of Terrell Texas, SAB, 7.00%, 09/15/55(b)
|
|
3,855
|
3,920,458
|
|
Clifton Higher Education Finance Corp., RB, Series A,
6.00%, 06/15/54(b)
|
|
400
|
371,735
|
|
Club Municipal Management District No. 1, SAB,
5.38%, 09/01/55(b)
|
|
550
|
549,152
|
|
County of Denton Texas, SAB, 5.88%, 12/31/45(b)
|
|
1,540
|
1,585,619
|
|
County of Hays Texas, Refunding SAB, 5.63%,
09/15/45(b)
|
|
1,050
|
1,050,626
|
|
Security
|
|
Par
(000)
|
Value
|
|
Texas (continued)
|
|
||
|
Fort Bend County Industrial Development Corp., RB,
Series B, 4.75%, 11/01/42
|
$
|
1,380
|
$ 1,380,245
|
|
Harris County Cultural Education Facilities Finance
Corp., Refunding RB
|
|
|
|
|
Series A, 5.00%, 01/01/43
|
|
520
|
520,035
|
|
Series A, 5.13%, 01/01/48
|
|
1,535
|
1,507,587
|
|
Harris County Improvement District No 18 GO,
Series A, (BAM), 3.50%, 09/01/47
|
|
1,465
|
1,208,716
|
|
Hemphill County Hospital District, GOL
|
|
|
|
|
4.63%, 02/01/39
|
|
1,500
|
1,436,800
|
|
4.75%, 02/01/45
|
|
2,500
|
2,191,400
|
|
Houston Higher Education Finance Corp., RB, 4.00%,
10/01/51
|
|
1,400
|
1,089,847
|
|
New Hope Cultural Education Facilities Finance
Corp., RB
|
|
|
|
|
Series A, 5.00%, 01/01/55
|
|
700
|
588,923
|
|
Series A, 5.00%, 07/01/57
|
|
3,000
|
1,944,039
|
|
New Hope Cultural Education Facilities Finance
Corp., Refunding RB
|
|
|
|
|
5.38%, 01/01/55
|
|
1,100
|
1,096,801
|
|
Series A, 6.75%, 10/01/52
|
|
5,000
|
5,136,231
|
|
New Hope Higher Education Finance Corp., RB,
Series A, 5.75%, 06/15/51(b)
|
|
5,580
|
4,119,447
|
|
Port of Beaumont Industrial Development Authority,
RB, 4.10%, 01/01/28(b)
|
|
6,900
|
6,301,611
|
|
Port of Beaumont Navigation District, RB, AMT,
2.88%, 01/01/41(b)
|
|
2,225
|
1,676,092
|
|
Port of Beaumont Navigation District, Refunding ARB,
Series B, 10.00%, 07/01/26(b)
|
|
3,820
|
3,831,075
|
|
Port of Beaumont Navigation District, Refunding RB(b)
|
|
|
|
|
Series A, AMT, 3.63%, 01/01/35
|
|
3,380
|
3,201,147
|
|
Series A, AMT, 4.00%, 01/01/50
|
|
31,160
|
24,121,221
|
|
San Antonio Education Facilities Corp., RB, Series A,
5.00%, 10/01/41
|
|
645
|
563,142
|
|
Tarrant County Cultural Education Facilities Finance
Corp., RB, Series A, 5.00%, 11/15/55
|
|
2,410
|
2,464,507
|
|
Tarrant County Cultural Education Facilities Finance
Corp., Refunding RB, 3.00%, 12/01/50
|
|
5,000
|
3,603,872
|
|
Texas Community Housing & Economic Development
Corp., RB, M/F Housing, Series A1, Senior Lien,
6.25%, 01/01/65(b)
|
|
4,935
|
4,592,964
|
|
Texas Municipal Gas Acquisition & Supply Corp., III,
Refunding RB, 5.00%, 12/15/32
|
|
1,500
|
1,633,621
|
|
Texas Water Development Board, RB
|
|
|
|
|
4.00%, 10/15/45
|
|
3,215
|
3,127,489
|
|
4.75%, 10/15/55
|
|
12,100
|
12,130,844
|
|
|
|
|
165,963,696
|
|
Utah — 1.8%
|
|
||
|
Arrowhead Springs Public Infrastructure District, GOL,
6.00%, 03/01/56(b)
|
|
7,100
|
7,070,343
|
|
Black Desert Public Infrastructure District, GOL,
Series A, 4.00%, 03/01/51(b)
|
|
3,921
|
3,141,367
|
|
Black Desert Public Infrastructure District, SAB,
5.63%, 12/01/53(b)
|
|
4,000
|
4,022,423
|
|
County of Utah, RB, Series A, 3.00%, 05/15/50
|
|
940
|
693,625
|
|
Mida Mountain Village Public Infrastructure District,
TA(b)
|
|
|
|
|
5.50%, 06/01/50
|
|
1,450
|
1,458,045
|
|
Series 1, Subordinate, 5.13%, 06/15/54
|
|
2,000
|
1,965,300
|
|
Series 2, Subordinate, 5.75%, 06/15/44
|
|
1,500
|
1,539,377
|
|
Security
|
|
Par
(000)
|
Value
|
|
Utah (continued)
|
|
||
|
Point Phase 1 Public Infrastructure District No. 1, RB,
Series A-1, 6.13%, 03/01/55
|
$
|
1,000
|
$ 1,036,272
|
|
Ridges Estates Infrastructure Financing District, SAB,
6.25%, 12/01/53(b)
|
|
5,352
|
5,505,229
|
|
SkyRidge Pegasus Infrastructure Financing District,
SAB, 5.25%, 12/01/44(b)
|
|
3,850
|
3,826,985
|
|
Utah Charter School Finance Authority, RB, Series A,
5.00%, 06/15/52(b)
|
|
1,320
|
1,087,362
|
|
Utah Housing Corp., RB, S/F Housing
|
|
|
|
|
Series A, (GNMA), 4.50%, 01/21/49
|
|
970
|
972,363
|
|
Series B, (GNMA), 4.50%, 02/21/49
|
|
1,542
|
1,546,551
|
|
Series C, (GNMA), 4.50%, 03/21/49
|
|
748
|
749,923
|
|
Series D, (GNMA), 4.50%, 04/21/49
|
|
1,629
|
1,633,188
|
|
Series E, (GNMA), 4.50%, 05/21/49
|
|
1,068
|
1,070,993
|
|
Series F-G2, (GNMA), 4.50%, 06/21/49
|
|
1,886
|
1,891,323
|
|
Series G-G2, (GNMA), 4.50%, 07/21/49
|
|
1,226
|
1,229,107
|
|
Series H, (GNMA), 4.50%, 08/21/49
|
|
1,024
|
1,026,638
|
|
Series I, (GNMA), 4.50%, 11/21/48
|
|
516
|
516,944
|
|
Series J, (GNMA), 4.50%, 12/21/48
|
|
789
|
794,499
|
|
Utah Infrastructure Agency, RB
|
|
|
|
|
5.50%, 10/15/44
|
|
460
|
480,490
|
|
5.50%, 10/15/48
|
|
435
|
445,065
|
|
Wood Ranch Public Infrastructure District, SAB,
5.63%, 12/01/53(b)
|
|
465
|
468,293
|
|
|
|
|
44,171,705
|
|
Vermont(b) — 0.5%
|
|
||
|
East Central Vermont Telecommunications District,
RB
|
|
|
|
|
Series A, 4.75%, 12/01/40
|
|
2,850
|
2,675,869
|
|
Series A, 4.50%, 12/01/44
|
|
3,695
|
3,068,798
|
|
Series A, 6.88%, 12/01/46
|
|
3,630
|
3,826,071
|
|
Series A, 4.50%, 12/01/50
|
|
3,000
|
2,279,176
|
|
|
|
|
11,849,914
|
|
Virginia — 1.0%
|
|
||
|
Ballston Quarter Community Development Authority,
TA
|
|
|
|
|
Series A, 5.50%, 03/01/46
|
|
500
|
478,932
|
|
Series A-1, 5.50%, 03/01/46
|
|
1,154
|
1,147,053
|
|
Ballston Quarter Community Development Authority,
TA, CAB, Series A-2, 7.13%, 03/01/59(e)
|
|
4,432
|
4,086,077
|
|
Fairfax County Industrial Development Authority,
Refunding RB, Series A, 4.00%, 05/15/48
|
|
1,780
|
1,631,448
|
|
Hanover County Economic Development Authority,
Refunding RB, 4.00%, 07/01/40(b)
|
|
1,790
|
1,705,499
|
|
James City County Economic Development Authority,
RB, Series A, 6.88%, 12/01/58
|
|
1,475
|
1,594,185
|
|
Lower Magnolia Green Community Development
Authority, SAB(b)
|
|
|
|
|
5.00%, 03/01/35
|
|
460
|
460,164
|
|
5.00%, 03/01/45
|
|
475
|
461,479
|
|
Norfolk Redevelopment & Housing Authority, RB,
Series A, 5.00%, 01/01/49
|
|
1,250
|
1,148,968
|
|
Tobacco Settlement Financing Corp., Refunding RB,
Series A-1, 6.71%, 06/01/46
|
|
9,850
|
8,004,092
|
|
Virginia Beach Development Authority, RB
|
|
|
|
|
Series A, 7.00%, 09/01/53
|
|
1,800
|
1,976,933
|
|
Security
|
|
Par
(000)
|
Value
|
|
Virginia (continued)
|
|
||
|
Virginia Beach Development Authority, RB (continued)
|
|
|
|
|
Series B3, 5.38%, 09/01/29
|
$
|
1,085
|
$ 1,097,532
|
|
Virginia Commonwealth University Health System
Authority, RB, Series A, 4.00%, 07/01/54
|
|
2,500
|
2,224,196
|
|
|
|
|
26,016,558
|
|
Washington — 1.1%
|
|
||
|
Washington Economic Development Finance
Authority, RB
|
|
|
|
|
AMT, 5.88%, 12/01/45(c)
|
|
4,000
|
4,033,449
|
|
Series A, AMT, Sustainability Bonds, 5.63%,
12/01/40(b)
|
|
3,470
|
3,574,779
|
|
Washington State Housing Finance Commission,
RB(b)
|
|
|
|
|
6.00%, 07/01/59
|
|
300
|
306,216
|
|
Series A, 5.00%, 07/01/50
|
|
1,240
|
1,067,480
|
|
Series A, 5.75%, 01/01/53
|
|
720
|
696,593
|
|
Series A, 5.88%, 01/01/59
|
|
585
|
569,945
|
|
Series B2, 3.95%, 07/01/29
|
|
2,830
|
2,830,891
|
|
Washington State Housing Finance Commission, RB,
M/F Housing, Series 1, Sustainability Bonds,
3.38%, 04/20/37
|
|
3,128
|
2,989,345
|
|
Washington State Housing Finance Commission,
Refunding RB
|
|
|
|
|
5.75%, 01/01/35(b)
|
|
265
|
265,113
|
|
5.00%, 01/01/43(b)
|
|
2,000
|
1,897,172
|
|
6.00%, 01/01/45(b)
|
|
940
|
939,907
|
|
6.25%, 01/01/56
|
|
6,300
|
6,315,703
|
|
Series A, 5.00%, 07/01/43
|
|
920
|
944,321
|
|
Series A, 5.00%, 07/01/48
|
|
620
|
617,628
|
|
|
|
|
27,048,542
|
|
Wisconsin — 7.7%
|
|
||
|
Public Finance Authority, ARB, AMT, 4.00%, 07/01/41
|
|
530
|
500,569
|
|
Public Finance Authority, RB
|
|
|
|
|
6.25%, 10/01/31(b)(g)(h)
|
|
910
|
91,000
|
|
5.50%, 12/15/32(b)
|
|
4,609
|
4,612,957
|
|
5.75%, 12/15/33(b)
|
|
12,185
|
12,213,346
|
|
5.00%, 06/15/41(b)
|
|
925
|
816,583
|
|
7.00%, 10/01/47(b)(g)(h)
|
|
910
|
91,000
|
|
5.00%, 06/15/53
|
|
645
|
612,828
|
|
5.75%, 12/01/54(b)
|
|
17,175
|
17,306,567
|
|
5.00%, 06/15/55(b)
|
|
2,405
|
1,852,300
|
|
5.00%, 01/01/56(b)
|
|
3,790
|
3,153,555
|
|
Class A, 4.00%, 09/01/51(b)
|
|
1,185
|
904,144
|
|
Class A, 6.45%, 04/01/60(b)
|
|
1,080
|
1,031,667
|
|
Class A, 5.75%, 07/01/62
|
|
8,787
|
9,171,142
|
|
Class B, 5.42%, 07/01/62(b)(c)
|
|
4,800
|
3,918,000
|
|
Series A, 12.00%, 05/16/29(b)
|
|
1,895
|
2,260,651
|
|
Series A, 4.25%, 06/15/31(b)
|
|
170
|
169,291
|
|
Series A, 5.00%, 06/01/40(b)
|
|
750
|
700,621
|
|
Series A, 5.00%, 06/15/41(b)
|
|
510
|
493,896
|
|
Series A, 7.75%, 07/01/43(b)
|
|
9,100
|
9,337,185
|
|
Series A, 5.00%, 12/15/44(b)
|
|
410
|
393,317
|
|
Series A, 7.00%, 01/01/45(b)
|
|
2,000
|
2,107,688
|
|
Series A, 6.85%, 11/01/46(b)(g)(h)
|
|
1,325
|
463,750
|
|
Series A, 7.00%, 11/01/46(b)(g)(h)
|
|
805
|
281,750
|
|
Series A, 5.38%, 07/15/47(b)
|
|
1,595
|
1,554,015
|
|
Series A, 5.00%, 06/01/49(b)
|
|
1,340
|
1,119,306
|
|
Series A, 5.63%, 06/15/49(b)
|
|
7,700
|
6,908,224
|
|
Series A, 5.00%, 06/15/51(b)
|
|
1,060
|
912,721
|
|
Series A, 5.25%, 12/01/51(b)(g)(h)
|
|
5,280
|
3,405,970
|
|
Series A, 5.00%, 06/15/55(b)
|
|
11,540
|
9,081,500
|
|
Security
|
|
Par
(000)
|
Value
|
|
Wisconsin (continued)
|
|
||
|
Public Finance Authority, RB (continued)
|
|
|
|
|
Series A, 4.75%, 06/15/56(b)
|
$
|
2,385
|
$ 2,017,950
|
|
Series A, 7.50%, 07/01/59(b)
|
|
7,880
|
8,774,069
|
|
Series A-1, 4.50%, 01/01/35(b)
|
|
740
|
735,412
|
|
Series B, 0.00%, 01/01/35(b)(d)
|
|
950
|
574,091
|
|
Series B, 8.50%, 01/01/36(b)
|
|
2,750
|
2,564,559
|
|
Series B, 0.00%, 01/01/60(b)(d)
|
|
31,635
|
2,740,705
|
|
AMT, 5.75%, 06/30/60
|
|
4,565
|
4,727,548
|
|
AMT, 6.50%, 06/30/60
|
|
6,000
|
6,623,888
|
|
AMT, 5.75%, 12/31/65
|
|
27,910
|
28,861,935
|
|
AMT, 6.50%, 12/31/65
|
|
4,985
|
5,503,347
|
|
AMT, Sustainability Bonds, 4.00%, 09/30/51
|
|
4,000
|
3,288,858
|
|
AMT, Sustainability Bonds, 4.00%, 03/31/56
|
|
3,370
|
2,702,055
|
|
Public Finance Authority, RB, CAB(b)(d)
|
|
|
|
|
0.00%, 12/15/32
|
|
4,428
|
2,899,114
|
|
0.00%, 12/15/37
|
|
7,552
|
3,897,598
|
|
0.00%, 12/15/38
|
|
2,535
|
1,180,640
|
|
0.00%, 12/15/42
|
|
17,085
|
5,296,866
|
|
Public Finance Authority, RB, M/F Housing, Series A,
Subordinate, 7.13%, 07/01/65(b)(c)
|
|
2,740
|
2,702,154
|
|
Public Finance Authority, Refunding RB(b)
|
|
|
|
|
5.00%, 05/15/32
|
|
980
|
996,190
|
|
5.00%, 03/01/52
|
|
1,300
|
1,137,983
|
|
Red Oak Independent School District, GO, Series A,
7.25%, 01/01/61(b)
|
|
6,490
|
6,775,013
|
|
Wisconsin Health & Educational Facilities Authority,
RB, Series A, 5.75%, 08/15/54
|
|
1,375
|
1,416,933
|
|
Wisconsin Health & Educational Facilities Authority,
Refunding RB, 4.00%, 01/01/47
|
|
2,540
|
2,125,233
|
|
|
|
|
193,007,684
|
|
Total Municipal Bonds — 92.6%
(Cost: $2,373,045,946)
|
2,316,934,814
|
||
|
Municipal Bonds Transferred to Tender Option Bond Trusts(i)
|
|||
|
District of Columbia — 0.4%
|
|
||
|
District of Columbia Income Tax Revenue, Refunding
RB, Series A, 5.00%, 06/01/50
|
|
10,000
|
10,428,571
|
|
Florida — 1.1%
|
|
||
|
County of Miami-Dade Florida Aviation Revenue,
Refunding ARB, Series A, AMT, 5.50%, 10/01/55(j)
|
|
16,650
|
17,412,816
|
|
Greater Orlando Aviation Authority, ARB, AMT,
Subordinate, 5.25%, 10/01/51
|
|
10,700
|
11,083,271
|
|
|
|
|
28,496,087
|
|
Indiana — 0.6%
|
|
||
|
Indianapolis Local Public Improvement Bond Bank,
Refunding RB, Series F, 5.25%, 01/01/54
|
|
13,185
|
13,876,441
|
|
New York — 2.2%
|
|
||
|
New York City Transitional Finance Authority Future
Tax Secured Revenue, RB, Series H-1,
Subordinate, 5.00%, 11/01/50
|
|
7,500
|
7,719,190
|
|
New York State Dormitory Authority, Refunding RB,
Series A, 5.00%, 03/15/54(j)
|
|
13,970
|
14,387,900
|
|
New York State Thruway Authority, RB, 2nd Series,
Sustainability Bonds, 5.00%, 03/15/59
|
|
20,500
|
20,979,077
|
|
Triborough Bridge & Tunnel Authority, Refunding RB,
Sub-Series B-1, Senior Lien, 5.00%, 05/15/56
|
|
12,000
|
12,116,573
|
|
|
|
|
55,202,740
|
|
Security
|
|
Par
(000)
|
Value
|
|
Ohio — 0.7%
|
|
||
|
Columbus Regional Airport Authority, Refunding ARB,
Series A, AMT, 5.50%, 01/01/50(j)
|
$
|
16,250
|
$ 17,116,536
|
|
Pennsylvania — 1.6%
|
|
||
|
Pennsylvania Housing Finance Agency, RB, S/F
Housing
|
|
|
|
|
Series 143A, Sustainability Bonds, 5.45%,
04/01/51
|
|
12,495
|
12,924,870
|
|
Series 149 A, 5.15%, 10/01/50(j)
|
|
20,000
|
20,254,220
|
|
Pennsylvania Housing Finance Agency, Refunding
RB, S/F Housing, Series 142-A, Sustainability
Bonds, 5.00%, 10/01/50
|
|
7,500
|
7,559,687
|
|
|
|
|
40,738,777
|
|
Texas — 0.8%
|
|
||
|
City of El Paso Texas Water & Sewer Revenue,
Refunding RB, 5.00%, 03/01/52
|
|
10,000
|
10,229,693
|
|
Sabine-Neches Navigation District, ARB, 5.25%,
02/15/52
|
|
10,000
|
10,380,295
|
|
|
|
|
20,609,988
|
|
Total Municipal Bonds Transferred to Tender Option Bond
Trusts — 7.4%
(Cost: $185,840,186)
|
186,469,140
|
||
|
|
|
Benefical
Interest (000)
|
|
|
Other Interests
|
|||
|
Industrial REITs — 0.0%
|
|
||
|
ESC Sumter County Industrial Development
Authority(a)(k)
|
$
|
250
|
—
|
|
Total Other Interests — 0.0%
(Cost: $118,301)
|
—
|
||
|
|
|
Shares
|
|
|
Warrants
|
|||
|
Construction & Engineering — 0.0%
|
|
||
|
Brightline West, (Expires 11/26/35, Strike Price USD
5.00)(a)(h)
|
|
382,250
|
764,500
|
|
Total Warrants — 0.0%
(Cost: $ — )
|
764,500
|
||
|
Total Long-Term Investments — 100.2%
(Cost: $2,563,104,732)
|
2,507,400,890
|
||
|
Security
|
|
Shares
|
Value
|
|
Short-Term Securities
|
|||
|
Money Market Funds — 4.9%
|
|
||
|
BlackRock Liquidity Funds, MuniCash, Institutional
Shares, 2.03%(l)(m)
|
|
122,429,090
|
$ 122,441,333
|
|
Total Short-Term Securities — 4.9%
(Cost: $122,441,333)
|
122,441,333
|
||
|
Total Investments — 105.1%
(Cost: $2,685,546,065)
|
2,629,842,223
|
||
|
Other Assets Less Liabilities — 0.5%
|
14,427,236
|
||
|
Liability for TOB Trust Certificates, Including Interest Expense and
Fees Payable — (5.6)%
|
(140,919,176
)
|
||
|
Net Assets — 100.0%
|
$ 2,503,350,283
|
||
|
(a)
|
Security is valued using significant unobservable inputs and is classified as Level
3 in the
fair value hierarchy.
|
|
(b)
|
Security exempt from registration pursuant to Rule 144A under the Securities Act of
1933,
as amended. These securities may be resold in transactions exempt from registration
to
qualified institutional investors.
|
|
(c)
|
Variable rate security. Interest rate resets periodically. The rate shown is the effective
interest rate as of period end. Security description also includes the reference rate
and
spread if published and available.
|
|
(d)
|
Zero-coupon bond.
|
|
(e)
|
Step coupon security. Coupon rate will either increase (step-up bond) or decrease
(step-
down bond) at regular intervals until maturity. Interest rate shown reflects the rate
currently in effect.
|
|
(f)
|
When-issued security.
|
|
(g)
|
Issuer filed for bankruptcy and/or is in default.
|
|
(h)
|
Non-income producing security.
|
|
(i)
|
Represent bonds transferred to a TOB Trust in exchange of cash and residual certificates
received by the Fund. These bonds serve as collateral in a secured borrowing.
|
|
(j)
|
All or a portion of the security is subject to a recourse agreement. The aggregate
maximum potential amount the Fund could ultimately be required to pay under the
agreements, which expire between October 1, 2032 to October 1, 2043, is $54,313,139.
|
|
(k)
|
Other interests represent beneficial interests in liquidation trusts and other reorganization
or private entities.
|
|
(l)
|
Affiliate of the Fund.
|
|
(m)
|
Annualized 7-day yield as of period end.
|
|
Affiliated Issuer
|
Value at
10/31/25
|
Purchases
at Cost
|
Proceeds
from Sales
|
Net
Realized
Gain (Loss)
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Value at
01/31/26
|
Shares
Held at
01/31/26
|
Income
|
Capital Gain
Distributions
from
Underlying
Funds
|
|
BlackRock Liquidity Funds, MuniCash, Institutional
Shares
|
$ 116,080,844
|
$ 6,360,489
(a)
|
$ —
|
$ —
|
$ —
|
$ 122,441,333
|
122,429,090
|
$ 740,690
|
$ —
|
|
(a)
|
Represents net amount purchased (sold).
|
|
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|
Assets
|
|
|
|
|
|
Investments
|
|
|
|
|
|
Long-Term Investments
|
|
|
|
|
|
Common Stocks
|
$ —
|
$ —
|
$ 1,720,482
|
$ 1,720,482
|
|
Corporate Bonds
|
—
|
1,511,954
|
—
|
1,511,954
|
|
Municipal Bonds
|
—
|
2,316,934,814
|
—
|
2,316,934,814
|
|
Municipal Bonds Transferred to Tender Option Bond Trusts
|
—
|
186,469,140
|
—
|
186,469,140
|
|
Other Interests
|
—
|
—
|
—
|
—
|
|
Warrants
|
—
|
—
|
764,500
|
764,500
|
|
Short-Term Securities
|
|
|
|
|
|
Money Market Funds
|
122,441,333
|
—
|
—
|
122,441,333
|
|
|
$122,441,333
|
$2,504,915,908
|
$2,484,982
|
$2,629,842,223
|
|
Portfolio Abbreviation
|
|
|
AGM
|
Assured Guaranty Municipal Corp.
|
|
AMT
|
Alternative Minimum Tax
|
|
ARB
|
Airport Revenue Bonds
|
|
Portfolio Abbreviation (continued)
|
|
|
BAM
|
Build America Mutual Assurance Co.
|
|
BAM-TCRS
|
Build America Mutual Assurance Co. - Transferable
Custodial Receipts
|
|
CAB
|
Capital Appreciation Bonds
|
|
Portfolio Abbreviation (continued)
|
|
|
COP
|
Certificates of Participation
|
|
FHLMC
|
Federal Home Loan Mortgage Corp.
|
|
FNMA
|
Federal National Mortgage Association
|
|
GNMA
|
Government National Mortgage Association
|
|
GO
|
General Obligation Bonds
|
|
GOL
|
General Obligation Ltd.
|
|
M/F
|
Multi-Family
|
|
PSF
|
Permanent School Fund
|
|
RB
|
Revenue Bonds
|
|
S/F
|
Single-Family
|
|
SAB
|
Special Assessment Bonds
|
|
SAN
|
State Aid Notes
|
|
SAW
|
State Aid Withholding
|
|
ST
|
Special Tax
|
|
TA
|
Tax Allocation
|