Vanguard® Core Tax-Exempt Bond ETF
Schedule of Investments (unaudited)
As of January 31, 2026
The fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission (SEC) for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. The fund’s Form N-PORT reports are available on the SEC’s website at www.sec.gov.
    Coupon Maturity
Date 		Face
Amount
($000) 		Market
Value
($000)
Tax-Exempt Municipal Bonds (99.1%)
Alabama (5.2%)
  Alabama Special Care Facilities Financing Authority-Birmingham AL Health, Hospital, Nursing Home Revenue 5.250%   6/1/2050       370     390
  Alabama Special Care Facilities Financing Authority-Birmingham AL Health, Hospital, Nursing Home Revenue 5.250%   6/1/2055       365     382
  Baldwin County AL Board of Education Sales Tax Revenue 3.000%   6/1/2041       945     829
1 Black Belt Energy Gas District Natural Gas Revenue 5.000%  12/1/2034       955   1,038
  Black Belt Energy Gas District Natural Gas Revenue (Gas Project No. 7) PUT 4.000%  12/1/2026     2,470   2,497
  Black Belt Energy Gas District Natural Gas Revenue (Gas Project No. 8) PUT 4.000%  12/1/2029     2,150   2,196
  Black Belt Energy Gas District Natural Gas Revenue (Gas Project) 5.000%   6/1/2026       100     101
  Black Belt Energy Gas District Natural Gas Revenue (Gas Project) 5.000%   5/1/2032       190     207
  Black Belt Energy Gas District Natural Gas Revenue (Gas Project) 5.000%  10/1/2035     1,595   1,663
  Black Belt Energy Gas District Natural Gas Revenue (Gas Project) 5.000%  10/1/2035       500     537
  Black Belt Energy Gas District Natural Gas Revenue (Gas Project) 5.000%  12/1/2035     2,000   2,159
  Black Belt Energy Gas District Natural Gas Revenue (Gas Project) PUT 5.000%   6/1/2028     1,970   2,058
  Black Belt Energy Gas District Natural Gas Revenue (Gas Project) PUT 5.500%  12/1/2028       305     322
  Black Belt Energy Gas District Natural Gas Revenue (Gas Project) PUT 5.000%   8/1/2035       775     831
  Black Belt Energy Gas District Natural Gas Revenue (Project No. 6) PUT 4.000%  12/1/2026       565     571
  Black Belt Energy Gas District Natural Gas Revenue PUT 4.000%   6/1/2027       145     147
  Black Belt Energy Gas District Natural Gas Revenue PUT 4.000%  10/1/2027     2,280   2,315
  Black Belt Energy Gas District Natural Gas Revenue PUT 5.250%   6/1/2029       850     896
  Black Belt Energy Gas District Natural Gas Revenue PUT 5.250%  10/1/2030        75      80
  Black Belt Energy Gas District Natural Gas Revenue PUT 5.250%  12/1/2030       150     162
  Black Belt Energy Gas District Natural Gas Revenue PUT 5.000%   7/1/2031        50      54
  Black Belt Energy Gas District Natural Gas Revenue PUT 4.000%  12/1/2031       800     818
  Black Belt Energy Gas District Natural Gas Revenue PUT 5.000%   9/1/2032       150     162
  Black Belt Energy Gas District Natural Gas Revenue PUT 5.000%  11/1/2034       360     389
  Energy Southeast A Cooperative District Electric Power & Light Revenue 5.000%   9/1/2033     4,995   5,270
  Energy Southeast A Cooperative District Natural Gas Revenue PUT 5.500%   1/1/2031       150     164
  Health Care Authority for Baptist Health, Hospital, Nursing Home Revenue 5.000% 11/15/2034       445     487
  Homewood Educational Building Authority College & University Revenue 4.000%  12/1/2037       140     135
  Jefferson County AL Sewer Revenue 5.000%  10/1/2035        50      56
  Jefferson County AL Sewer Revenue 5.250%  10/1/2042       180     196
  Lower Alabama Gas District Natural Gas Revenue 5.000%   9/1/2046       550     581
  Lower Alabama Gas District Natural Gas Revenue (Gas Project) 5.000%  12/1/2033     3,415   3,634
  Mobile Alabama Industrial Development Board Industrial Revenue PUT 3.375%  6/26/2029       100     102
  Montgomery Water Works & Sanitary Sewer Board Water Revenue 5.000%   9/1/2046       850     905
  Prattville Industrial Development Board Industrial Revenue PUT 3.450%  10/1/2031        75      76
  Selma Industrial Development Board Industrial Revenue 4.200%   5/1/2034       100     105
  Selma Industrial Development Board Industrial Revenue PUT 3.450%  10/1/2031       100     102
  Southeast Alabama Gas Supply District Natural Gas Revenue (Project No. 1) PUT 5.000%   4/1/2032       250     268
  Southeast Alabama Gas Supply District Natural Gas Revenue (Project No. 2) PUT 5.000%   5/1/2032       125     134
  Southeast Energy Authority A Cooperative District Electric Power & Light Revenue 5.000%   9/1/2035       970   1,069
  Southeast Energy Authority A Cooperative District Electric Power & Light Revenue PUT 5.250%   1/1/2033       385     407
  Southeast Energy Authority A Cooperative District Electric Power & Light Revenue PUT 5.000%   6/1/2035     2,185   2,275
  Southeast Energy Authority A Cooperative District Natural Gas Revenue (Project No. 1) PUT 4.000%  10/1/2028     6,055   6,170
  Southeast Energy Authority A Cooperative District Natural Gas Revenue (Project No. 3) PUT 5.500%  12/1/2029       665     711
  Southeast Energy Authority A Cooperative District Natural Gas Revenue (Project No. 4) PUT 5.000%   8/1/2028       855     890
  Southeast Energy Authority A Cooperative District Natural Gas Revenue (Project No. 5) PUT 5.250%   7/1/2029     1,800   1,906
  Southeast Energy Authority A Cooperative District Natural Gas Revenue (Project No. 6) PUT 5.000%   6/1/2030        35      37
  Southeast Energy Authority A Cooperative District Natural Gas Revenue PUT 5.000%   2/1/2031     1,400   1,497
  Southeast Energy Authority A Cooperative District Natural Gas Revenue PUT 5.000%  11/1/2032       250     270
  Southeast Energy Authority A Cooperative District Natural Gas Revenue PUT 5.250%  11/1/2035     1,000   1,098
  University of Alabama College & University Revenue 4.000%   7/1/2050       510     474
2 Walker County AL Board of Education Special Tax Revenue 4.250%   3/1/2054       250     233
                                    50,056
Alaska (0.1%)
  Alaska Housing Finance Corp. Local or Guaranteed Housing Revenue 6.000%  12/1/2054        95     105
  Northern Tobacco Securitization Corp. Tobacco Settlement Funded Revenue 4.000%   6/1/2050       750     623
                                       728
    Coupon Maturity
Date 		Face
Amount
($000) 		Market
Value
($000)
Arizona (1.2%)
  Arizona Board of Regents College & University Revenue 5.000%   7/1/2039        50      54
  Arizona IDA Charter School Aid Revenue 4.000%  11/1/2051       500     423
  Arizona IDA Charter School Aid Revenue 5.000%  11/1/2054       135     136
3 Arizona IDA Charter School Aid Revenue PUT 4.875%   7/1/2035       115     114
  Arizona IDA Local or Guaranteed Housing Revenue 6.250%  10/1/2055       100     112
  Maricopa County IDA Health, Hospital, Nursing Home Revenue 4.000%   1/1/2032       130     131
  Maricopa County IDA Health, Hospital, Nursing Home Revenue 5.000%   9/1/2036       470     514
  Maricopa County IDA Health, Hospital, Nursing Home Revenue 3.250%   1/1/2037       415     403
  Maricopa County IDA Health, Hospital, Nursing Home Revenue 3.000%   9/1/2051     1,035     728
  Maricopa County IDA Local or Guaranteed Housing Revenue (Marbella Ranch Phase I Project) PUT 2.810%   5/1/2029       275     275
  Mesa AZ Utility System Multiple Utility Revenue 3.000%   7/1/2040       555     495
  Phoenix Civic Improvement Corp. Intergovernmental Agreement Revenue 5.000%   7/1/2038       500     565
  Phoenix Civic Improvement Corp. Intergovernmental Agreement Revenue 4.000%   7/1/2045     1,395   1,296
  Phoenix Civic Improvement Corp. Intergovernmental Agreement Revenue 5.000%   7/1/2045     2,000   2,044
  Phoenix Civic Improvement Corp. Intergovernmental Agreement Revenue 5.000%   7/1/2045        65      68
1 Queen Creek AZ COP 5.000%  10/1/2041     1,000   1,120
1 Queen Creek AZ COP 5.000%  10/1/2042     1,500   1,660
1 Queen Creek AZ COP 5.000%  10/1/2043       265     289
1 Queen Creek AZ COP 5.000%  10/1/2044       170     184
1 Queen Creek AZ COP 5.000%  10/1/2045       200     214
1 Queen Creek AZ COP 5.000%  10/1/2046       160     169
  Scottsdale Municipal Property Corp. Sales Tax Revenue 5.000%   7/1/2030       315     339
  Yavapai County IDA Health, Hospital, Nursing Home Revenue 3.125%   8/1/2043       135     113
                                    11,446
Arkansas (0.3%)
  Arkansas Development Finance Authority Health, Hospital, Nursing Home Revenue 5.000%   9/1/2026       465     469
  Arkansas Development Finance Authority Local or Guaranteed Housing Revenue PUT 3.550%   6/1/2027       150     152
  Arkansas Development Finance Authority Water Revenue 5.000%   6/1/2051     2,000   2,093
  Fayetteville School District No. 1 GO 2.750%   6/1/2046       155     111
  Hot Springs School District No. 6 GO 2.125%   6/1/2041        50      37
  University of Arkansas College & University Revenue 5.000%  11/1/2044       115     118
  University of Arkansas College & University Revenue 5.000%  12/1/2045       300     312
                                     3,292
California (8.8%)
4 Alameda Corridor Transportation Authority Transit Revenue 0.000%  10/1/2030       100      88
4 Alameda Corridor Transportation Authority Transit Revenue 0.000%  10/1/2035       175     127
  Anaheim Housing & Public Improvements Authority Intergovernmental Agreement Revenue 5.000%  10/1/2040       450     487
  Antelope Valley Community College District GO 0.000%   2/1/2050       100      32
5 Bakersfield City School District GO 3.000%  11/1/2051     1,750   1,304
  Bay Area Toll Authority Highway Revenue PUT 2.625%   4/1/2026       225     225
6 Bay Area Toll Authority Highway Revenue, SIFMA Municipal Swap Index Yield + 1.250% 3.530%   4/1/2036     1,250   1,252
  California Community Choice Financing Authority Electric Power & Light Revenue 5.000%  12/1/2035     1,690   1,879
  California Community Choice Financing Authority Electric Power & Light Revenue (Clean Energy Project) 5.000%  12/1/2026     1,000   1,014
  California Community Choice Financing Authority Electric Power & Light Revenue (Clean Energy Project) 5.000%  11/1/2033     1,365   1,497
  California Community Choice Financing Authority Electric Power & Light Revenue (Clean Energy Project) PUT 4.000%  12/1/2027     1,470   1,497
  California Community Choice Financing Authority Electric Power & Light Revenue (Clean Energy Project) PUT 5.000%   8/1/2029     1,005   1,057
  California Community Choice Financing Authority Electric Power & Light Revenue (Clean Energy Project) PUT 5.000%   8/1/2029     1,475   1,560
  California Community Choice Financing Authority Electric Power & Light Revenue (Clean Energy Project) PUT 5.500%  11/1/2030     1,205   1,311
  California Community Choice Financing Authority Electric Power & Light Revenue (Clean Energy Project) PUT 5.000%   9/1/2032       900     965
  California Community Choice Financing Authority Electric Power & Light Revenue (Clean Energy Project) PUT 5.000%   9/1/2032       305     332
  California Community Choice Financing Authority Electric Power & Light Revenue (Clean Energy Project) PUT 5.000%  10/1/2032     4,250   4,505
  California Community Choice Financing Authority Electric Power & Light Revenue (Clean Energy Project) PUT 5.000%  12/1/2032     3,380   3,567
  California Community Choice Financing Authority Electric Power & Light Revenue (Clean Energy Project) PUT 5.000%   8/1/2033     1,100   1,207
  California Community Choice Financing Authority Electric Power & Light Revenue PUT 4.000%   8/1/2028       320     326
  California Community Choice Financing Authority Electric Power & Light Revenue PUT 5.500%  11/1/2028     3,165   3,343
  California Community Choice Financing Authority Electric Power & Light Revenue PUT 4.000%   8/1/2031     1,445   1,463
  California Community Choice Financing Authority Electric Power & Light Revenue PUT 5.000%   7/1/2034     2,755   2,897
  California Community Choice Financing Authority Electric Power & Light Revenue PUT 5.000%   5/1/2035       300     318
  California Community Choice Financing Authority Electric Power & Light Revenue PUT 5.000%  11/1/2035       755     825
  California Community Choice Financing Authority Electric Power & Light Revenue PUT 5.000%   2/1/2036       425     462
  California GO 5.000%   8/1/2034       185     187
  California Health Facilities Financing Authority Health, Hospital, Nursing Home Revenue 5.000%  12/1/2031       565     628
  California Health Facilities Financing Authority Health, Hospital, Nursing Home Revenue 5.000%  12/1/2032       350     391
  California Health Facilities Financing Authority Health, Hospital, Nursing Home Revenue 4.000%   3/1/2033       335     335
  California Health Facilities Financing Authority Health, Hospital, Nursing Home Revenue 3.000%  10/1/2041       455     394
  California Health Facilities Financing Authority Health, Hospital, Nursing Home Revenue 4.200%  8/15/2042        75      70
  California Health Facilities Financing Authority Health, Hospital, Nursing Home Revenue 3.000%  10/1/2047       300     223
  California Health Facilities Financing Authority Health, Hospital, Nursing Home Revenue 4.000%  8/15/2049       185     152
    Coupon Maturity
Date 		Face
Amount
($000) 		Market
Value
($000)
  California Health Facilities Financing Authority Health, Hospital, Nursing Home Revenue 4.000%  5/15/2051       235     215
  California Health Facilities Financing Authority Health, Hospital, Nursing Home Revenue PUT 5.000%   9/1/2028       955     991
  California Health Facilities Financing Authority Health, Hospital, Nursing Home Revenue PUT 5.000%  10/1/2030     1,000   1,078
  California Health Facilities Financing Authority Health, Hospital, Nursing Home Revenue PUT 5.000%  10/1/2032     1,000   1,102
  California Housing Finance Agency Local or Guaranteed Housing Revenue 3.500% 11/20/2035     1,087   1,085
  California Housing Finance Agency Local or Guaranteed Housing Revenue 3.250%  8/20/2036     1,000     976
  California Housing Finance Agency Local or Guaranteed Housing Revenue PUT 3.250%   7/1/2027       505     508
  California Municipal Finance Authority College & University Revenue 5.000%   6/1/2029       500     512
  California Municipal Finance Authority Health, Hospital, Nursing Home Revenue 3.000%   7/1/2028       500     495
  California Municipal Finance Authority Health, Hospital, Nursing Home Revenue 5.000%   2/1/2029       420     428
  California Municipal Finance Authority Health, Hospital, Nursing Home Revenue 5.000%   7/1/2029     1,000   1,023
  California Municipal Finance Authority Health, Hospital, Nursing Home Revenue 5.000%   2/1/2030       125     127
  California Municipal Finance Authority Health, Hospital, Nursing Home Revenue 5.000%   2/1/2037       315     319
  California Municipal Finance Authority Health, Hospital, Nursing Home Revenue 4.000%   7/1/2047       345     300
  California Municipal Finance Authority Health, Hospital, Nursing Home Revenue 5.375%   6/1/2056       385     378
5 California Municipal Finance Authority Local or Guaranteed Housing Revenue 5.000%  5/15/2026       175     176
3 California Municipal Finance Authority Resource Recovery Revenue (Waste Management Inc. Project) PUT 3.300%   2/1/2028       100     100
3 California Public Finance Authority Health, Hospital, Nursing Home Revenue (Enso Village Project) 5.000% 11/15/2056       100      88
  California Public Finance Authority Intergovernmental Agreement Revenue 3.000%   2/1/2050       325     246
3 California Public Finance Authority Local or Guaranteed Housing Revenue 6.500%   6/1/2054     1,000     979
3 California Public Finance Authority Local or Guaranteed Housing Revenue 6.375%   6/1/2059     5,265   5,027
3 California Public Finance Authority Local or Guaranteed Housing Revenue 6.750%   7/1/2065       750     802
3 California School Finance Authority Charter School Aid Revenue 5.000%   6/1/2054       900     810
3 California School Finance Authority Charter School Aid Revenue (KIPP Social Projects) 5.000%   7/1/2029       170     180
  California State Public Works Board Lease (Abatement) Revenue (Various Capital Projects) 5.000%  11/1/2027       260     265
  California Statewide Communities Development Authority Health, Hospital, Nursing Home Revenue 5.000%   3/1/2029       420     440
  California Statewide Communities Development Authority Health, Hospital, Nursing Home Revenue 5.000%   8/1/2031       255     265
  California Statewide Communities Development Authority Health, Hospital, Nursing Home Revenue PUT 5.000%   3/1/2027       100     101
  Central Valley Energy Authority Natural Gas Revenue PUT 5.000%   8/1/2035       210     227
3 CSCDA Community Improvement Authority Local or Guaranteed Housing Revenue 3.000%  12/1/2056       200     138
3 Hastings Campus Housing Finance Authority Local or Guaranteed Housing Revenue 5.000%   7/1/2045       300     288
  Long Beach Bond Finance Authority Natural Gas Revenue 5.500% 11/15/2037        95     114
  Los Angeles Department of Water & Power Electric Power & Light Revenue 5.000%   7/1/2026        95      96
  Los Angeles Department of Water & Power Electric Power & Light Revenue 5.000%   7/1/2028     1,560   1,640
  Los Angeles Department of Water & Power Electric Power & Light Revenue 5.000%   7/1/2037       350     394
  Los Angeles Department of Water & Power Electric Power & Light Revenue 5.000%   7/1/2038       340     346
  Los Angeles Department of Water & Power Electric Power & Light Revenue 5.000%   7/1/2038       200     219
  Los Angeles Department of Water & Power Electric Power & Light Revenue 5.000%   7/1/2039       235     257
  Los Angeles Department of Water & Power Electric Power & Light Revenue 5.000%   7/1/2039       315     355
  Los Angeles Department of Water & Power Electric Power & Light Revenue 5.000%   7/1/2040     1,200   1,202
  Los Angeles Department of Water & Power Electric Power & Light Revenue 5.000%   7/1/2040       860     974
  Los Angeles Department of Water & Power Electric Power & Light Revenue 5.000%   7/1/2041     3,130   3,335
  Los Angeles Department of Water & Power Electric Power & Light Revenue 5.000%   7/1/2042       415     446
  Los Angeles Department of Water & Power Electric Power & Light Revenue 5.000%   7/1/2042       615     679
  Los Angeles Department of Water & Power Electric Power & Light Revenue 5.000%   7/1/2044       120     128
  Los Angeles Department of Water & Power Electric Power & Light Revenue 5.000%   7/1/2045       355     381
  Los Angeles Department of Water & Power Electric Power & Light Revenue 5.000%   7/1/2050       300     311
  Los Angeles Department of Water & Power Electric Power & Light Revenue 5.000%   7/1/2052        55      56
1 Los Angeles Department of Water & Power Electric Power & Light Revenue 5.250%   7/1/2056     2,500   2,630
  Los Angeles Department of Water & Power Water System Water Revenue 5.000%   1/1/2030       350     381
  Los Angeles Department of Water & Power Water System Water Revenue 5.000%   7/1/2031     1,000   1,130
  Los Angeles Department of Water & Power Water System Water Revenue 5.000%   7/1/2035        95     103
  Los Angeles Department of Water & Power Water System Water Revenue 5.000%   7/1/2036       285     309
  Los Angeles Department of Water & Power Water System Water Revenue 5.000%   7/1/2036        90     104
  Los Angeles Department of Water & Power Water System Water Revenue 5.000%   7/1/2037        30      33
  Los Angeles Department of Water & Power Water System Water Revenue 5.000%   7/1/2039       355     390
  Los Angeles Department of Water & Power Water System Water Revenue 5.000%   7/1/2040       720     769
  Los Angeles Department of Water & Power Water System Water Revenue 5.000%   7/1/2040       430     468
  Los Angeles Department of Water & Power Water System Water Revenue 5.000%   7/1/2040       400     446
  Los Angeles Department of Water & Power Water System Water Revenue 5.000%   7/1/2047        80      82
  Marina Joint Powers Financing Authority Local or Guaranteed Housing Revenue 3.400%   3/1/2036       915     921
  M-S-R Energy Authority Natural Gas Revenue 6.500%  11/1/2039        85     105
  Northern California Energy Authority Natural Gas Revenue PUT 5.000%   8/1/2030       275     296
2 Oak Park Unified School District GO 6.750%   8/1/2031        50      59
  Oro Grande Elementary School District COP 4.000%  9/15/2026       100     100
  Palomar Health GO 4.000%   8/1/2034       110     105
  Palomar Health GO 4.000%   8/1/2035       115     108
  Palomar Health GO 4.000%   8/1/2036       100      92
  Palomar Health GO 3.000%   8/1/2037        20      16
  Palomar Health GO 0.000%   8/1/2038        50      25
    Coupon Maturity
Date 		Face
Amount
($000) 		Market
Value
($000)
  Palomar Health, Hospital, Nursing Home Revenue 5.000%  11/1/2042        80      77
  Redding Joint Powers Financing Authority Electric Power & Light Revenue 5.000%   6/1/2055       800     833
  Regents of the University of California Medical Center Pooled Health, Hospital, Nursing Home Revenue 3.000%  5/15/2042       895     763
  San Diego Housing Authority Inc. Local or Guaranteed Housing Revenue PUT 5.000%  11/1/2026       185     188
4 San Joaquin Hills Transportation Corridor Agency Highway Revenue 0.000%  1/15/2036       140      98
  San Joaquin Valley Clean Energy Authority Electric Power & Light Revenue PUT 5.500%   7/1/2035       300     337
  Santa Barbara CA Housing Authority Local or Guaranteed Housing Revenue 4.000%  12/1/2038       375     370
  Santa Barbara CA Housing Authority Local or Guaranteed Housing Revenue 4.000%  12/1/2038       340     335
  Southern California Metropolitan Water District Water Revenue PUT 5.000%   7/1/2029        20      21
  Southern California Public Power Authority Electric Power & Light Revenue (Clean Energy Project) PUT 5.000%   9/1/2030     2,495   2,661
  Southern California Public Power Authority Electric Power & Light Revenue (Southern Transmission System Renewal Project) 5.000%   7/1/2035       305     349
  Southern California Public Power Authority Intergovernmental Agreement Revenue PUT 5.000%   7/1/2029       100     106
  Southern California Public Power Authority Natural Gas Revenue (Project No. 1) 5.000%  11/1/2033       195     219
4 Southern Mono Health Care District GO 0.000%   5/1/2034       785     598
  Tobacco Securitization Authority of Southern California Tobacco Settlement Funded Revenue 5.000%   6/1/2030     1,220   1,317
5 Ukiah Public Financing Authority Intergovernmental Agreement Revenue 3.000%   3/1/2042       290     258
  University of California College & University Revenue 5.250%  5/15/2040       105     131
  Washington Township Health Care District Health, Hospital, Nursing Home Revenue 5.000%   7/1/2029       190     203
  Washington Township Health Care District Health, Hospital, Nursing Home Revenue 4.000%   7/1/2037        70      68
  Washington Township Health Care District Health, Hospital, Nursing Home Revenue 3.375%   7/1/2039       150     133
1 Wildomar CA Special Tax Revenue 5.000%   9/1/2032       100     109
1 Wildomar CA Special Tax Revenue 5.000%   9/1/2033       120     131
1 Wildomar CA Special Tax Revenue 5.000%   9/1/2035       155     170
                                    84,669
Colorado (2.4%)
  Adams County CO COP 4.000%  12/1/2054       100      91
  Board of Governors of Colorado State University System College & University Revenue 5.250%   3/1/2050       165     174
  Board of Governors of Colorado State University System College & University Revenue 5.250%   3/1/2055       175     183
  Board of Governors of Colorado State University System College & University Revenue PUT 4.375%   3/1/2029       150     154
  Brighton CO Water Activity Water Revenue (Water System Project) 4.000%   6/1/2050       500     462
  Brighton CO Water Activity Water Revenue (Water System Project) 4.250%   6/1/2055       525     499
  Colorado COP 3.000% 12/15/2036       525     503
  Colorado Educational & Cultural Facilities Authority Charter School Aid Revenue (Aspen View Academy Project) 4.000%   5/1/2036        50      50
  Colorado Health Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%   9/1/2029       365     396
  Colorado Health Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%   9/1/2032       100     113
  Colorado Health Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%   8/1/2035       390     415
  Colorado Health Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%   9/1/2035     3,015   3,486
  Colorado Health Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%  11/1/2039     1,015   1,065
  Colorado Health Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%  12/1/2048       260     255
  Colorado Health Facilities Authority Health, Hospital, Nursing Home Revenue 3.250%   8/1/2049       675     521
  Colorado Health Facilities Authority Health, Hospital, Nursing Home Revenue 4.000% 11/15/2050       250     225
5 Colorado Health Facilities Authority Health, Hospital, Nursing Home Revenue 4.000% 11/15/2050       350     320
  Colorado Health Facilities Authority Health, Hospital, Nursing Home Revenue PUT 5.000%  8/17/2026       100     101
  Colorado Health Facilities Authority Health, Hospital, Nursing Home Revenue PUT 5.000% 11/15/2033       340     389
3,6 Colorado Health Facilities Authority Health, Hospital, Nursing Home Revenue, 70% of SOFR + 1.500% 4.090%   2/1/2046       915     917
  Colorado High Performance Transportation Enterprise Highway Revenue 5.000% 12/31/2047       385     382
  Colorado Housing & Finance Authority Local or Guaranteed Housing Revenue 3.250%  10/1/2028       405     408
  Colorado Housing & Finance Authority Local or Guaranteed Housing Revenue 6.500%   5/1/2055       130     149
  Colorado Housing & Finance Authority Local or Guaranteed Housing Revenue 6.250%  11/1/2055     1,000   1,127
  Colorado Housing & Finance Authority Local or Guaranteed Housing Revenue (Albion Apartments Project) PUT 3.375%   7/1/2028       100     101
  Colorado Housing & Finance Authority Local or Guaranteed Housing Revenue PUT 3.180%   9/1/2027       165     166
  Colorado Springs CO Local or Guaranteed Housing Revenue PUT 3.150%  12/1/2029       100     101
  Denver City & County School District No. 1 GO 3.000%  12/1/2043       425     358
  Denver Health & Hospital Authority Health, Hospital, Nursing Home Revenue 4.000%  12/1/2039       150     145
  Denver Health & Hospital Authority Health, Hospital, Nursing Home Revenue 5.000%  12/1/2045        50      51
  Denver Health & Hospital Authority Health, Hospital, Nursing Home Revenue 5.125%  12/1/2050       250     251
5 Ebert Metropolitan District GO 5.000%  12/1/2043     1,950   2,010
  El Paso County School District No. 3 Widefield GO 5.250%  12/1/2055       555     587
2 Gypsum CO Sewer Revenue 4.000%  12/1/2049       135     124
  Montrose CO COP (Public Works Facility Project) 5.000%  12/1/2055       100     102
  Parterre Metropolitan District No. 5 GO 6.125%  12/1/2055       840     878
  Piney Lake Trails Metropolitan District No. 1 GO 5.875%  12/1/2055     2,000   2,004
5 Sterling Ranch Community Authority Board Ad Valorem Property Tax Revenue 5.000%  12/1/2039       300     325
5 Sterling Ranch Community Authority Board Ad Valorem Property Tax Revenue 5.000%  12/1/2040       300     323
5 Sterling Ranch Community Authority Board Ad Valorem Property Tax Revenue 5.000%  12/1/2041       350     375
5 Sterling Ranch Community Authority Board Ad Valorem Property Tax Revenue 5.000%  12/1/2042       500     530
5 Sterling Ranch Community Authority Board Ad Valorem Property Tax Revenue 5.000%  12/1/2043       500     526
    Coupon Maturity
Date 		Face
Amount
($000) 		Market
Value
($000)
5 Sterling Ranch Community Authority Board Ad Valorem Property Tax Revenue 5.000%  12/1/2044       500     522
5 Sterling Ranch Community Authority Board Ad Valorem Property Tax Revenue 5.000%  12/1/2045       500     517
  University of Colorado College & University Revenue 5.250%   6/1/2051       250     267
  University of Colorado College & University Revenue PUT 2.000% 10/15/2026       520     517
                                    23,165
Connecticut (0.4%)
  Connecticut Housing Finance Authority Local or Guaranteed Housing Revenue (Housing Mortgage Finance Program) 3.500% 11/15/2045       150     150
  Connecticut State Health & Educational Facilities Authority College & University Revenue PUT 2.800%  2/10/2026     1,605   1,605
  Connecticut State Health & Educational Facilities Authority College & University Revenue PUT 2.000%   7/1/2026       160     160
1 Connecticut State Health & Educational Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%   7/1/2031       940   1,049
  Connecticut State Health & Educational Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%   7/1/2035       155     166
  Connecticut State Health & Educational Facilities Authority Health, Hospital, Nursing Home Revenue 3.000%   7/1/2039        50      42
  Connecticut State Health & Educational Facilities Authority Health, Hospital, Nursing Home Revenue PUT 5.000%   7/1/2029       700     754
  Norwalk Housing Authority Local or Guaranteed Housing Revenue PUT 3.050%   9/1/2027       100     101
  Stamford Housing Authority Health, Hospital, Nursing Home Revenue (Mozaic Concierge Living Project) 6.500%  10/1/2055       100     102
  Stamford Housing Authority Health, Hospital, Nursing Home Revenue (Mozaic Concierge Living Project) 6.250%  10/1/2060       100     100
                                     4,229
Delaware (0.7%)
  Delaware State Economic Development Authority Electric Power & Light Revenue (NRG Energy Project) PUT 4.000%  10/1/2035       640     652
  Delaware State Health Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%   6/1/2033       110     113
  Delaware State Health Facilities Authority Health, Hospital, Nursing Home Revenue 4.000%  10/1/2049     1,185   1,062
1 Delaware State Health Facilities Authority Health, Hospital, Nursing Home Revenue 5.250%  10/1/2051     2,785   2,926
  Delaware State Housing Authority Local or Guaranteed Housing Revenue 6.000%   1/1/2056     1,400   1,561
                                     6,314
District of Columbia (1.7%)
  District of Columbia College & University Revenue 4.000%  10/1/2042       245     232
  District of Columbia College & University Revenue 5.750%  10/1/2055       500     527
  District of Columbia College & University Revenue PUT 5.000%   4/3/2035       425     485
  District of Columbia GO 5.000%   8/1/2043       765     838
  District of Columbia GO 5.000%   8/1/2044       115     125
  District of Columbia Housing Finance Agency Local or Guaranteed Housing Revenue (2911 Rhode Island Apartments Project) 5.000%   3/1/2028       100     104
  District of Columbia Housing Finance Agency Local or Guaranteed Housing Revenue PUT 5.000%   2/1/2028       100     104
7 District of Columbia Housing Finance Agency Local or Guaranteed Housing Revenue PUT 4.400%   9/1/2028       150     155
  District of Columbia Housing Finance Agency Local or Guaranteed Housing Revenue PUT 3.150%  11/1/2028       100     101
  District of Columbia Income Tax Revenue 5.000%  10/1/2029       105     115
  District of Columbia Income Tax Revenue 5.000%   3/1/2033       430     467
  District of Columbia Income Tax Revenue 5.000%   7/1/2038       245     272
  District of Columbia Income Tax Revenue 5.000%   7/1/2047     1,650   1,714
  District of Columbia Water & Sewer Authority Water Revenue 5.000%  10/1/2039        75      75
  District of Columbia Water & Sewer Authority Water Revenue 5.000%  10/1/2044       175     182
  Metropolitan Washington Airports Authority Dulles Toll Road Highway Revenue 0.000%  10/1/2037        95      56
5 Metropolitan Washington Airports Authority Dulles Toll Road Highway Revenue 0.000%  10/1/2037        55      33
  Metropolitan Washington Airports Authority Dulles Toll Road Highway Revenue 5.000%  10/1/2047       345     348
  Washington Metropolitan Area Transit Authority Dedicated Appropriations Revenue 5.000%  7/15/2032       290     320
  Washington Metropolitan Area Transit Authority Dedicated Appropriations Revenue 5.000%  7/15/2041       230     246
  Washington Metropolitan Area Transit Authority Dedicated Appropriations Revenue 5.000%  7/15/2045     1,560   1,608
  Washington Metropolitan Area Transit Authority Dedicated Appropriations Revenue 4.125%  7/15/2047       440     418
  Washington Metropolitan Area Transit Authority Dedicated Appropriations Revenue 5.500%  7/15/2051       200     212
  Washington Metropolitan Area Transit Authority Dedicated Appropriations Revenue 5.250%  7/15/2059     3,000   3,129
  Washington Metropolitan Area Transit Authority Dedicated Appropriations Revenue 5.000%  7/15/2060     2,500   2,562
  Washington Metropolitan Area Transit Authority Dedicated Appropriations Revenue 5.500%  7/15/2060     1,000   1,067
  Washington Metropolitan Area Transit Authority Transit Revenue 5.000%   7/1/2043     1,280   1,298
                                    16,793
Florida (4.7%)
  Alachua County Health Facilities Authority Health, Hospital, Nursing Home Revenue 3.625%  10/1/2030       100     100
  Alachua County Health Facilities Authority Health, Hospital, Nursing Home Revenue 3.750%  10/1/2030       100     100
  Alachua County Health Facilities Authority Health, Hospital, Nursing Home Revenue 4.000%  10/1/2030       100     100
  Alachua County Health Facilities Authority Health, Hospital, Nursing Home Revenue 3.000%  12/1/2046     1,435   1,072
  Alachua County Health Facilities Authority Health, Hospital, Nursing Home Revenue 4.000%  12/1/2049     1,055     921
  Alaska Housing Finance Corp. Local or Guaranteed Housing Revenue 6.250%   1/1/2056       100     111
  Brevard County Health Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%   4/1/2047        70      71
  Broward County FL School District COP 5.000%   7/1/2032       285     313
  Broward County FL Tourist Development Miscellaneous Taxes Revenue (Convention Center Expansion Project) 4.000%   9/1/2039       250     256
  Capital FL Projects Finance Authority College & University Revenue (Florida University Project) 5.000%  10/1/2030       130     140
3 Capital Trust Agency Inc. Charter School Aid Revenue (Academic Charter Schools Inc. Project) 4.000%   7/1/2041       200     178
3 Capital Trust Agency Inc. Charter School Aid Revenue (Franklin Academy Project) 5.000% 12/15/2026       100     100
    Coupon Maturity
Date 		Face
Amount
($000) 		Market
Value
($000)
3 Capital Trust Authority Charter School Aid Revenue (Imagine School at West Pasco Project) 6.500% 12/15/2058       100      91
  Capital Trust Authority Health, Hospital, Nursing Home Revenue (UF Health Projects) 5.000%  12/1/2030       960   1,058
  Capital Trust Authority Health, Hospital, Nursing Home Revenue (UF Health Projects) 5.000%  12/1/2032       165     186
  Citrus County FL Water & Wastewater System Water Revenue 2.750%  10/1/2035       190     177
  Delray Beach FL Water & Sewer Water Revenue 5.250%  10/1/2055     1,750   1,859
  Escambia County Health Facilities Authority Health, Hospital, Nursing Home Revenue 4.000%  8/15/2050       950     795
  Florida Department of Transportation Lease (Appropriation) Revenue 3.000%   7/1/2034       260     259
  Florida Department of Transportation Turnpike System Highway Revenue 3.000%   7/1/2039       300     283
3 Florida Development Finance Corp. Charter School Aid Revenue 4.000% 12/15/2056       600     470
3 Florida Development Finance Corp. Charter School Aid Revenue (Imagine School at Broward Project) 5.000% 12/15/2034        50      52
3 Florida Development Finance Corp. Charter School Aid Revenue (Renaissance Charter School Inc. Projects) 5.000%  9/15/2040       150     147
  Florida Development Finance Corp. Charter School Aid Revenue (River City Science Academy Project) 5.000%   2/1/2057       105      97
3 Florida Development Finance Corp. Health, Hospital, Nursing Home Revenue 5.000%   6/1/2031       150     158
1 Florida Development Finance Corp. Health, Hospital, Nursing Home Revenue (Tampa General Hospital Project) PUT 5.000%  10/1/2031       100     111
  Florida Gulf Coast University Financing Corp. Local or Guaranteed Housing Revenue (Housing Project) 5.000%   2/1/2033       365     395
  Florida Higher Educational Facilities Financial Authority College & University Revenue 4.000%  10/1/2037        85      84
  Florida Higher Educational Facilities Financial Authority College & University Revenue (Rollins College Project) 3.000%  12/1/2048       255     184
  Florida Housing Finance Corp. Local or Guaranteed Housing Revenue 6.250%   1/1/2055       800     881
  Florida Housing Finance Corp. Local or Guaranteed Housing Revenue 4.650%   7/1/2055       250     246
  Florida Housing Finance Corp. Local or Guaranteed Housing Revenue 6.250%   7/1/2056     1,000   1,122
  Florida Housing Finance Corp. Local or Guaranteed Housing Revenue 6.250%   7/1/2056       435     490
  Florida Housing Finance Corp. Local or Guaranteed Housing Revenue 6.000%   1/1/2057       215     246
  Florida Housing Finance Corp. Local or Guaranteed Housing Revenue PUT 3.150%  12/1/2028       250     252
  Florida Insurance Assistance Interlocal Agency Inc. Miscellaneous Revenue 5.000%   9/1/2026        50      50
  Florida Insurance Assistance Interlocal Agency Inc. Miscellaneous Revenue 5.000%   9/1/2027       160     162
3 Florida Local Government Finance Commission Health, Hospital, Nursing Home Revenue (Fleet Landing At Nocatee Project) 6.875% 11/15/2064       565     591
5 Florida State Board of Governors College & University Revenue 5.000%  10/1/2042        70      76
5 Florida State Board of Governors Florida International University Dormitory Rev Local or Guaranteed Housing Revenue 2.000%   7/1/2041        65      46
  Gainesville FL Utilities System Multiple Utility Revenue 5.000%  10/1/2044        50      52
3 Gas Worx Community Development District Special Assessment Revenue 6.000%   5/1/2057       105     107
  Halifax Hospital Medical Center Health, Hospital, Nursing Home Revenue 5.000%   6/1/2028       150     151
  Halifax Hospital Medical Center Health, Hospital, Nursing Home Revenue 3.750%   6/1/2041       425     390
  Hallandale Beach FL Utility System Water Revenue 4.000%   8/1/2054       275     245
  Highlands County Health Facilities Authority Health, Hospital, Nursing Home Revenue PUT 5.000% 11/15/2031       100     112
  Hillsborough County FL Miscellaneous Revenue 3.000%   8/1/2046       150     115
2 Hillsborough County FL Miscellaneous Taxes Revenue 3.125%  10/1/2046       475     374
  Hillsborough County IDA Health, Hospital, Nursing Home Revenue 4.125% 11/15/2051       175     159
  Hillsborough County IDA Health, Hospital, Nursing Home Revenue (Tampa General Hospital Project) 3.500%   8/1/2055       440     330
  Jacksonville FL Health, Hospital, Nursing Home Revenue 5.000%  8/15/2035        85      87
  Lakeland FL Health, Hospital, Nursing Home Revenue 5.000% 11/15/2030       140     142
  Langley South Community Development District Special Assessment Revenue (Assessment Area One Project) 5.400%   5/1/2055        70      69
  Lee County FL IDA Health, Hospital, Nursing Home Revenue 5.000%   4/1/2029        60      64
  Lee County Housing Finance Authority Local or Guaranteed Housing Revenue PUT 4.000%  11/1/2027       195     197
2 Marion County School Board COP 5.000%   6/1/2042       575     620
  Miami Beach FL Miscellaneous Taxes Revenue 5.000%   9/1/2040       255     255
  Miami-Dade County Expressway Authority Highway Revenue 5.000%   7/1/2032       100     101
  Miami-Dade County FL Special Obligation Revenue 5.000%   4/1/2045        50      52
  Miami-Dade County FL Special Obligation Revenue 5.000%   4/1/2046       325     326
  Miami-Dade County FL Transit System Sales Tax Revenue 4.000%   7/1/2050     2,625   2,362
  Miami-Dade County FL Transit System Sales Tax Revenue 5.000%   7/1/2052        85      86
  Miami-Dade County FL Water & Sewer System Water Revenue 5.000%  10/1/2044        60      62
  Miami-Dade County FL Water & Sewer System Water Revenue 4.000%  10/1/2046     1,570   1,467
  Miami-Dade County FL Water & Sewer System Water Revenue 4.000%  10/1/2048     2,085   1,918
  Miami-Dade County FL Water & Sewer System Water Revenue 5.000%  10/1/2055     2,500   2,572
  Miami-Dade County Housing Finance Authority Local or Guaranteed Housing Revenue (Rainbow Village Project) 4.880%   3/1/2046       200     201
  Miami-Dade County Housing Finance Authority Local or Guaranteed Housing Revenue PUT 3.250%   8/1/2029       525     531
3 Miami-Dade County IDA Charter School Aid Revenue 6.250%   6/1/2055       750     760
  Miami-Dade County IDA Local or Guaranteed Housing Revenue 5.000%   6/1/2040        50      49
  Miami-Dade County IDA Local or Guaranteed Housing Revenue 5.000%   6/1/2048       140     128
  Miami-Dade County School Board COP 5.000%   2/1/2030       250     251
2 Miami-Dade County Seaport Department Port, Airport & Marina Revenue 3.000%  10/1/2045        50      39
  Orange County Health Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%  10/1/2047       145     147
  Orange County Health Facilities Authority Health, Hospital, Nursing Home Revenue 4.500%  10/1/2056       200     192
  Orange County Housing Finance Authority Local or Guaranteed Housing Revenue PUT 3.350%   7/1/2028        50      50
    Coupon Maturity
Date 		Face
Amount
($000) 		Market
Value
($000)
  Orlando Utilities Commission Electric Power & Light Revenue 5.000%  10/1/2050       355     371
  Palm Beach County Health Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%  5/15/2036     3,235   3,275
  Palm Beach County Health Facilities Authority Health, Hospital, Nursing Home Revenue 3.000%  8/15/2044       430     340
  Palm Beach County Health Facilities Authority Health, Hospital, Nursing Home Revenue (Jupiter Medical Center Project) 5.000%  11/1/2035       150     161
  Palm Beach County School District COP 5.000%   8/1/2038       240     262
2 Palm Beach County School District COP 5.000%   8/1/2041       725     779
  Pasco County School Board COP 5.000%  10/1/2036       125     125
2 Pasco County School Board COP 5.000%   8/1/2046       175     182
  Pinellas County School Board (Master Lease Program) COP 5.000%   7/1/2041     1,200   1,223
  Port St. Lucie FL Special Assessment Revenue 3.250%   7/1/2045       195     162
  Sarasota County Public Hospital District Health, Hospital, Nursing Home Revenue (Sarasota Memorial Hospital Project) 4.000%   7/1/2052     1,225   1,065
  South Broward Hospital District Health, Hospital, Nursing Home Revenue 4.000%   5/1/2033       105     105
  South Broward Hospital District Health, Hospital, Nursing Home Revenue 3.000%   5/1/2037       125     117
  South Miami Health Facilities Authority Inc. Health, Hospital, Nursing Home Revenue 5.000%  8/15/2035       475     551
  South Miami Health Facilities Authority Inc. Health, Hospital, Nursing Home Revenue PUT 5.000%  8/15/2030       180     194
  St. Johns County IDA Health, Hospital, Nursing Home Revenue 4.000%   8/1/2055       965     805
  Tallahassee FL Health, Hospital, Nursing Home Revenue 5.000%  12/1/2040     3,100   3,102
  Tallahassee FL Sales Tax Revenue 5.000%  10/1/2049        80      82
  Tampa FL Health, Hospital, Nursing Home Revenue (H. Lee Moffitt Cancer Center Project) 5.000%   7/1/2037        80      81
  Tampa FL Health, Hospital, Nursing Home Revenue (H. Lee Moffitt Cancer Center Project) 4.000%   7/1/2045     3,195   2,897
  V-Dana Community Development District Special Assessment Revenue (Assessment Area Two-2025 Project) 5.550%   5/1/2055       100     100
3 Village Community Development District No. 15 Special Assessment Revenue 3.750%   5/1/2029       550     555
                                    45,327
Georgia (2.1%)
  Atlanta Development Authority Hotel Occupancy Tax Revenue 5.250%   7/1/2044       220     220
  Atlanta GA Airport Customer Facility Charge Port, Airport & Marina Revenue 5.500%   7/1/2050     1,000   1,081
  Atlanta Urban Residential Finance Authority Local or Guaranteed Housing Revenue PUT 2.920%   5/1/2028       100     100
  Atlanta Urban Residential Finance Authority Local or Guaranteed Housing Revenue PUT 3.150%  12/1/2028       100     101
2 Augusta GA Water & Sewer Water Revenue 3.500%  10/1/2042       110     100
  Burke County Development Authority Electric Power & Light Revenue (Georgia Power Co. Plant Vogtle Project) PUT 3.375%  3/12/2027       500     503
  Burke County Development Authority Electric Power & Light Revenue (Oglethorpe Power Corp. Vogtle Project) PUT 3.600%   2/1/2030       100     103
  Burke County Development Authority Electric Power & Light Revenue PUT 2.900%  8/21/2029       125     125
  Canton GA Water & Sewerage Water Revenue 2.000%   5/1/2050       155      86
  Carroll City-County Hospital Authority Health, Hospital, Nursing Home Revenue RAN 4.000%   7/1/2044       460     452
  Clarke County Hospital Authority Health, Hospital, Nursing Home Revenue 5.000%   7/1/2031       750     758
3 Cobb County Development Authority Private Schools Revenue (Mt. Bethel Christian Academy Project) 6.250%   6/1/2055       500     515
3 Cobb County Development Authority Private Schools Revenue (Mt. Bethel Christian Academy Project) 6.250%   6/1/2064       500     512
  Cobb County Kennestone Hospital Authority Health, Hospital, Nursing Home Revenue 4.000%   4/1/2052       450     392
  Coweta County Development Authority Health, Hospital, Nursing Home Revenue (Piedmont Healthcare Inc. Project) 5.000%   7/1/2044       100     103
  DeKalb County GA Water & Sewerage Water Revenue 5.000%  10/1/2045     1,685   1,774
  DeKalb County Housing Authority Local or Guaranteed Housing Revenue 4.125%  12/1/2034        50      51
  Fulton County Development Authority Health, Hospital, Nursing Home Revenue RAN 5.000%   4/1/2042       175     177
  Gainesville & Hall County Hospital Authority Health, Hospital, Nursing Home Revenue 3.000%  2/15/2047     3,975   2,947
  Gainesville & Hall County Hospital Authority Health, Hospital, Nursing Home Revenue 2.500%  2/15/2051       225     141
  Georgia Housing & Finance Authority Local or Guaranteed Housing Revenue 3.350%  12/1/2041        80      75
  Georgia Housing & Finance Authority Local or Guaranteed Housing Revenue 4.700%  12/1/2055       250     246
  Georgia Housing & Finance Authority Local or Guaranteed Housing Revenue 6.500%  12/1/2055       225     257
  Georgia Municipal Electric Authority Nuclear Revenue (Plant Vogtle Units 3&4 Project) 5.000%   1/1/2034        80      83
5 Georgia Municipal Electric Authority Nuclear Revenue (Plant Vogtle Units 3&4 Project) 5.000%   1/1/2049       100     100
  Glynn-Brunswick Memorial Hospital Authority Health, Hospital, Nursing Home Revenue RAN 4.000%   8/1/2035        80      80
  Main Street Energy Inc. Natural Gas Revenue (Energy Project) 5.000%  12/1/2033       500     540
  Main Street Natural Gas Inc. Natural Gas Revenue 5.000%  12/1/2029       150     160
  Main Street Natural Gas Inc. Natural Gas Revenue 5.000%  5/15/2049       200     207
  Main Street Natural Gas Inc. Natural Gas Revenue PUT 4.000%   9/1/2026       475     478
  Main Street Natural Gas Inc. Natural Gas Revenue PUT 4.000%   9/1/2027       395     401
  Main Street Natural Gas Inc. Natural Gas Revenue PUT 4.000%  12/1/2028     1,000   1,019
  Main Street Natural Gas Inc. Natural Gas Revenue PUT 5.000%   6/1/2029       210     220
  Main Street Natural Gas Inc. Natural Gas Revenue PUT 4.000%  12/1/2029       305     312
  Main Street Natural Gas Inc. Natural Gas Revenue PUT 5.000%   3/1/2030       115     122
  Main Street Natural Gas Inc. Natural Gas Revenue PUT 5.000%   6/1/2030     1,315   1,396
  Main Street Natural Gas Inc. Natural Gas Revenue PUT 5.000%   9/1/2030     1,000   1,063
  Main Street Natural Gas Inc. Natural Gas Revenue PUT 5.000%  12/1/2030     1,000   1,059
  Main Street Natural Gas Inc. Natural Gas Revenue PUT 5.000%   4/1/2031       220     236
  Main Street Natural Gas Inc. Natural Gas Revenue PUT 5.000%   6/1/2031       150     161
  Main Street Natural Gas Inc. Natural Gas Revenue PUT 5.000%   9/1/2031        75      81
    Coupon Maturity
Date 		Face
Amount
($000) 		Market
Value
($000)
  Main Street Natural Gas Inc. Natural Gas Revenue PUT 5.000%   3/1/2032       750     811
  Main Street Natural Gas Inc. Natural Gas Revenue PUT 5.000%   6/1/2032       100     108
  Main Street Natural Gas Inc. Natural Gas Revenue PUT 5.000%  12/1/2032       535     576
  Monroe County Development Authority Electric Power & Light Revenue (Oglethorpe Power Corp. Scherer Project) PUT 3.600%   2/1/2030        50      51
  Private Colleges & Universities Authority College & University Revenue 5.000%   9/1/2039       225     238
  Private Colleges & Universities Authority College & University Revenue 4.000%   6/1/2045        55      50
  Private Colleges & Universities Authority College & University Revenue 5.000%   9/1/2048       100     102
  Savannah Economic Development Authority Industrial Revenue PUT 3.450%  10/1/2031       200     203
                                    20,676
Guam (0.1%)
  Guam Government Waterworks Authority Water Revenue 5.000%   7/1/2029        75      80
  Guam Government Waterworks Authority Water Revenue 5.000%   7/1/2039        85      93
  Guam Government Waterworks Authority Water Revenue 5.000%   7/1/2042        60      63
  Guam Miscellaneous Taxes Revenue 5.000%   1/1/2028       100     104
  Guam Miscellaneous Taxes Revenue 5.000%   1/1/2028       100     104
  Guam Miscellaneous Taxes Revenue 5.000%   1/1/2029       100     106
  Guam Miscellaneous Taxes Revenue 5.000%   1/1/2031       100     109
                                       659
Hawaii (0.2%)
  Hawaii Housing Finance & Development Corp. Local or Guaranteed Housing Revenue 6.000%   7/1/2056     1,500   1,681
Idaho (0.4%)
  Idaho Health Facilities Authority Health, Hospital, Nursing Home Revenue (St. Luke's Health System Project) 4.375%   3/1/2053       100      94
  Idaho Health Facilities Authority Health, Hospital, Nursing Home Revenue (St. Luke's Health System Project) PUT 5.000%   3/1/2035       165     184
2 University of Idaho Local or Guaranteed Housing Revenue 5.500%   4/1/2051       550     592
2 University of Idaho Local or Guaranteed Housing Revenue 5.500%   4/1/2057     2,850   3,056
                                     3,926
Illinois (6.7%)
  Chicago Board of Education (Series 2015C Bonds Project) GO 5.250%  12/1/2035        15      15
  Chicago Board of Education (Series 2015C Bonds Project) GO 5.250%  12/1/2039       915     904
  Chicago Board of Education Dedicated Capital Improvement Tax Ad Valorem Property Tax Revenue 6.100%   4/1/2036       210     216
  Chicago Board of Education Dedicated Capital Improvement Tax Miscellaneous Taxes Revenue 5.000%   4/1/2036       100     101
  Chicago Board of Education Dedicated Capital Improvement Tax Miscellaneous Taxes Revenue 5.000%   4/1/2037     1,400   1,434
  Chicago Board of Education Dedicated Capital Improvement Tax Miscellaneous Taxes Revenue 5.000%   4/1/2037       180     182
  Chicago Board of Education Dedicated Capital Improvement Tax Miscellaneous Taxes Revenue 5.000%   4/1/2038       500     510
4 Chicago Board of Education GO 0.000%  12/1/2026       250     243
2 Chicago Board of Education GO 5.000%  12/1/2027       800     830
  Chicago Board of Education GO 5.000%  12/1/2029       100     104
  Chicago Board of Education GO 5.000%  12/1/2030       150     154
  Chicago Board of Education GO 5.000%  12/1/2035       300     305
  Chicago Board of Education GO 5.000%  12/1/2036       500     501
  Chicago Board of Education GO 5.000%  12/1/2036       300     304
  Chicago Board of Education GO 5.000%  12/1/2040     1,000     999
  Chicago Board of Education GO 6.000%  12/1/2041     1,000   1,076
  Chicago Board of Education GO 5.000%  12/1/2042       430     425
  Chicago Board of Education GO 6.000%  12/1/2042       760     810
  Chicago Board of Education GO 6.000%  12/1/2042     1,000   1,065
  Chicago Board of Education GO 6.000%  12/1/2043       880     931
  Chicago Board of Education GO 6.000%  12/1/2044       415     436
  Chicago Board of Education GO 5.500%  12/1/2045     1,000   1,005
  Chicago Board of Education GO 5.750%  12/1/2050     1,000   1,009
  Chicago Board of Education GO 6.250%  12/1/2050       755     799
  Chicago IL (Housing & Economic Development Projects) GO 6.000%   1/1/2055     1,000   1,045
  Chicago IL GO 5.000%   1/1/2027       185     187
  Chicago IL GO 5.000%   1/1/2028       155     159
  Chicago IL GO 0.000%   1/1/2032        75      61
  Chicago IL GO 4.000%   1/1/2032        75      76
  Chicago IL GO 5.000%   1/1/2033       985   1,039
  Chicago IL GO 5.000%   1/1/2034       240     255
  Chicago IL GO 5.000%   1/1/2034       500     539
  Chicago IL GO 4.000%   1/1/2035       360     357
  Chicago IL GO 4.000%   1/1/2035       150     149
  Chicago IL GO 5.500%   1/1/2043        55      56
  Chicago IL GO 5.000%   1/1/2044       150     150
  Chicago IL GO, ETM 5.000%   1/1/2028        75      79
4 Chicago IL Wastewater Transmission Sewer Revenue 0.000%   1/1/2027       100      97
  Chicago IL Wastewater Transmission Sewer Revenue 5.000%   1/1/2034     1,000   1,020
    Coupon Maturity
Date 		Face
Amount
($000) 		Market
Value
($000)
2 Chicago IL Wastewater Transmission Sewer Revenue 5.000%   1/1/2036       300     333
5 Chicago IL Wastewater Transmission Sewer Revenue 5.000%   1/1/2036       155     176
2 Chicago IL Wastewater Transmission Sewer Revenue 5.000%   1/1/2039       235     256
5 Chicago IL Wastewater Transmission Sewer Revenue 5.000%   1/1/2042       280     303
2 Chicago IL Waterworks Water Revenue 5.000%  11/1/2031       335     377
2 Chicago IL Waterworks Water Revenue 5.000%  11/1/2035       445     493
  Chicago O'Hare International Airport Port, Airport & Marina Revenue 5.000%   1/1/2038       205     208
  Chicago O'Hare International Airport Port, Airport & Marina Revenue 5.000%   1/1/2048        85      86
  Chicago O'Hare International Airport Port, Airport & Marina Revenue 5.000%   1/1/2048       275     285
5 Chicago Park District GO 5.000%   1/1/2039       100     106
  Chicago Transit Authority Sales Tax Receipts Fund Sales Tax Revenue 5.000%  12/1/2045       270     275
  Cook County Community Consolidated School District No. 64 Park Ridge-Niles GO 4.250%  12/1/2047       350     343
  Cook County IL GO 5.000% 11/15/2031     1,000   1,016
  Cook County IL Sales Tax Revenue 5.000% 11/15/2044        75      79
  Cook County School District No. 63 East Maine GO 4.000%  12/1/2030       750     768
  DuPage & Cook Counties Community Unit School District No. 205 Elmhurst GO 3.000%   1/1/2035       110     109
5 Grand Prairie Water Commission Water Revenue 5.250%   1/1/2050     1,000   1,051
5 Grand Prairie Water Commission Water Revenue 5.250%   1/1/2055     1,000   1,043
  Grundy Kendall & Will Counties Community High School District No. 111 Minooka GO 5.000%  12/1/2030       265     295
5 Hoffman Estates Park District GO 5.000%  12/1/2030       120     128
  Illinois Finance Authority College & University Revenue 5.000%  10/1/2026        60      61
  Illinois Finance Authority College & University Revenue 5.000%  10/1/2028        75      78
  Illinois Finance Authority College & University Revenue 5.000%   4/1/2031       160     179
  Illinois Finance Authority College & University Revenue 5.000%   4/1/2031       105     118
  Illinois Finance Authority College & University Revenue 4.000%   9/1/2037       100      89
  Illinois Finance Authority College & University Revenue 5.000%  10/1/2041       180     184
  Illinois Finance Authority College & University Revenue 5.000%  5/15/2043        65      70
  Illinois Finance Authority College & University Revenue 5.000%  10/1/2044       480     492
  Illinois Finance Authority College & University Revenue 5.250%   4/1/2045       100     107
  Illinois Finance Authority College & University Revenue (Bradley University Project) 5.000%   8/1/2030       500     509
  Illinois Finance Authority Health, Hospital, Nursing Home Revenue 5.000%  8/15/2031       100     102
  Illinois Finance Authority Health, Hospital, Nursing Home Revenue 4.000% 11/15/2033       975     970
  Illinois Finance Authority Health, Hospital, Nursing Home Revenue 5.000%  10/1/2034       700     739
  Illinois Finance Authority Health, Hospital, Nursing Home Revenue 4.000% 11/15/2034       300     300
  Illinois Finance Authority Health, Hospital, Nursing Home Revenue 5.000%  8/15/2036       150     153
2 Illinois Finance Authority Health, Hospital, Nursing Home Revenue 3.250%  5/15/2039       100      91
  Illinois Finance Authority Health, Hospital, Nursing Home Revenue 3.250%  5/15/2039       220     196
  Illinois Finance Authority Health, Hospital, Nursing Home Revenue 5.000%  2/15/2041       245     248
  Illinois Finance Authority Health, Hospital, Nursing Home Revenue 5.000%  8/15/2047       180     183
  Illinois Finance Authority Health, Hospital, Nursing Home Revenue 5.000%  8/15/2051       525     529
  Illinois Finance Authority Health, Hospital, Nursing Home Revenue 5.000%  8/15/2052       115     115
  Illinois Finance Authority Health, Hospital, Nursing Home Revenue PUT 5.000%  8/15/2032       200     219
  Illinois Finance Authority Health, Hospital, Nursing Home Revenue PUT 5.000%  8/15/2035       110     124
6 Illinois Finance Authority Recreational Revenue, 70% of SOFR + 1.150% 3.698%  11/1/2034       225     226
  Illinois Finance Authority Water Revenue 5.000%   7/1/2032       265     271
  Illinois Finance Authority Water Revenue 5.000%   7/1/2033       160     164
  Illinois Finance Authority Water Revenue 4.000%   7/1/2039        50      51
  Illinois GO 5.000%   6/1/2026       145     146
  Illinois GO 5.000%   5/1/2029       180     189
  Illinois GO 5.000%   3/1/2031       210     233
  Illinois GO 5.000%   5/1/2032        95     107
  Illinois GO 5.000%  12/1/2032        50      57
  Illinois GO 5.000%   5/1/2035       100     110
  Illinois GO 5.000%   5/1/2036     1,890   2,073
  Illinois GO 5.250%   3/1/2037       250     276
  Illinois GO 5.000%   5/1/2037        60      65
  Illinois GO 4.000%   7/1/2037       560     564
  Illinois GO 5.250%   5/1/2039        50      54
  Illinois GO 5.000%   5/1/2040        30      31
  Illinois GO 5.500%  10/1/2040       725     797
  Illinois GO 5.000%   5/1/2041       150     161
  Illinois GO 4.000%  10/1/2043       200     188
  Illinois GO 4.000%  10/1/2048     1,250   1,096
  Illinois Housing Development Authority Local or Guaranteed Housing Revenue 1.500%   4/1/2030        60      56
  Illinois Housing Development Authority Local or Guaranteed Housing Revenue 3.100%   2/1/2035        65      64
  Illinois Housing Development Authority Local or Guaranteed Housing Revenue 6.250%   4/1/2056     2,000   2,302
  Illinois Housing Development Authority Local or Guaranteed Housing Revenue 6.250%  10/1/2056       370     427
  Illinois Housing Development Authority Local or Guaranteed Housing Revenue PUT 3.450%  12/1/2027        50      50
  Illinois Housing Development Authority Local or Guaranteed Housing Revenue PUT 3.380%   1/1/2028        50      50
1 Illinois Housing Development Authority Local or Guaranteed Housing Revenue PUT 2.800%   4/1/2028       150     150
    Coupon Maturity
Date 		Face
Amount
($000) 		Market
Value
($000)
  Illinois Housing Development Authority Local or Guaranteed Housing Revenue PUT 3.150%   7/1/2028       100     100
  Illinois Sales Tax Revenue 5.000%  6/15/2035       210     241
  Illinois Sales Tax Revenue 5.000%  6/15/2040       155     169
  Illinois Sales Tax Revenue 5.000%  6/15/2041     3,000   3,282
  Illinois State Toll Highway Authority Highway Revenue 5.000%   1/1/2038       535     609
  Illinois State Toll Highway Authority Highway Revenue 5.000%   1/1/2040       125     125
  Illinois State Toll Highway Authority Highway Revenue 5.000%   1/1/2041       380     382
  Illinois State Toll Highway Authority Highway Revenue 5.000%   1/1/2042       980   1,002
  Illinois State Toll Highway Authority Highway Revenue 5.000%   1/1/2043       110     117
  Illinois State Toll Highway Authority Highway Revenue 5.000%   1/1/2044       125     129
  Illinois State Toll Highway Authority Highway Revenue 5.000%   1/1/2045       815     850
  Illinois State Toll Highway Authority Highway Revenue 4.000%   1/1/2046     3,945   3,582
5 Joliet IL Waterworks & Sewerage Water Revenue 5.250%   1/1/2050     2,000   2,078
8 Knox Warren Etc Counties Community College District No. 518 Carl Sandburg GO, 5.000% coupon rate effective 4/15/2026 3.375%  12/1/2035       340     340
  Lake County IL Water & Sewer System Water Revenue 2.000%  12/1/2032       990     890
  Lincoln Land Community College District No. 526 GO 4.000% 12/15/2044       750     712
2 Macon County School District No. 61 Decatur GO 5.000%  12/1/2040       250     259
  McHenry & Lake Counties Community High School District No. 155 Crystal Lake GO 4.000%  6/30/2043       785     762
  McHenry & Lake Counties Community High School District No. 155 Crystal Lake GO 4.000%  6/30/2044       860     819
4 Metropolitan Pier & Exposition Authority Appropriations Revenue 0.000% 12/15/2030        30      26
4 Metropolitan Pier & Exposition Authority Appropriations Revenue 0.000% 12/15/2031        25      21
4 Metropolitan Pier & Exposition Authority Appropriations Revenue 0.000% 12/15/2033       200     154
4 Metropolitan Pier & Exposition Authority Appropriations Revenue 0.000%  6/15/2037        85      56
4 Metropolitan Pier & Exposition Authority Appropriations Revenue (MCCormick Place Expansion Project) 0.000%  6/15/2029       175     158
  Northern Illinois Municipal Power Agency Electric Power & Light Revenue 4.000%  12/1/2032       500     504
5 Northern Illinois University Local or Guaranteed Housing Revenue 5.000%  10/1/2031       450     493
  Regional Transportation Authority Sales Tax Revenue 5.000%   6/1/2055       780     797
  Sales Tax Securitization Corp. Intergovernmental Agreement Revenue 5.000%   1/1/2029       100     107
  Sales Tax Securitization Corp. Sales Tax Revenue 5.000%   1/1/2035       110     122
  Sales Tax Securitization Corp. Sales Tax Revenue 5.000%   1/1/2035       235     269
  Sales Tax Securitization Corp. Sales Tax Revenue 5.000%   1/1/2037       100     106
  Sales Tax Securitization Corp. Sales Tax Revenue 5.000%   1/1/2038        70      72
  Sales Tax Securitization Corp. Sales Tax Revenue 5.000%   1/1/2039       420     468
  Sales Tax Securitization Corp. Sales Tax Revenue 5.250%   1/1/2043       410     421
5 University of Illinois Board of Trustees College & University Revenue 3.000%   4/1/2036        60      58
8 Williamson Jackson Etc Counties Community College District No. 530 John A Logan College GO, 5.000% coupon rate effective 6/1/2026 3.500%   6/1/2036       820     820
                                    64,271
Indiana (1.6%)
  Brownsburg 1999 School Building Corp. Lease (Abatement) Revenue 5.000%  7/15/2043       220     237
  Brownsburg 1999 School Building Corp. Lease (Abatement) Revenue 5.000%  1/15/2045     1,000   1,055
  Indiana Finance Authority College & University Revenue (Taylor University Project) 5.000%   9/1/2031       800     888
  Indiana Finance Authority College & University Revenue (Taylor University Project) 5.000%   9/1/2032       440     494
  Indiana Finance Authority College & University Revenue (Taylor University Project) 5.000%   9/1/2033       450     510
  Indiana Finance Authority College & University Revenue (Taylor University Project) 5.000%   9/1/2034       475     542
  Indiana Finance Authority College & University Revenue (Taylor University Project) 5.000%   9/1/2035       500     573
  Indiana Finance Authority Electric Power & Light Revenue (Ohio Valley Electric Corp. Project) 4.250%  11/1/2030       100     104
  Indiana Finance Authority Health, Hospital, Nursing Home Revenue 5.000%   3/1/2027       180     184
  Indiana Finance Authority Health, Hospital, Nursing Home Revenue PUT 5.000%  10/1/2033       135     152
  Indiana Finance Authority Industrial Revenue (United States Steel Corp. Project) 4.125%  12/1/2026       100     100
  Indiana Finance Authority Local or Guaranteed Housing Revenue 5.750%   7/1/2060       100      97
  Indiana Housing & Community Development Authority Local or Guaranteed Housing Revenue 6.500%   7/1/2055     1,730   1,971
  Indiana Housing & Community Development Authority Local or Guaranteed Housing Revenue (Flats on 14th Project) PUT 2.750%   4/1/2028       100     100
  Indiana Housing & Community Development Authority Local or Guaranteed Housing Revenue PUT 2.900%   3/1/2028       130     130
2 Indiana Municipal Power Agency Electric Power & Light Revenue 5.000%   1/1/2043        70      76
  Indiana University College & University Revenue 5.000%   6/1/2044     4,000   4,048
  Indianapolis Local Public Improvement Bond Bank Miscellaneous Revenue 5.250%   1/1/2055       555     580
  Indianapolis Local Public Improvement Bond Bank Miscellaneous Revenue (Indianapolis Public Transportation Corp. Project) 5.000%  1/15/2045       110     115
  Indianapolis Local Public Improvement Bond Bank Tax Increment/Allocation Revenue 4.000%   2/1/2047       255     237
  St. Joseph County IN College & University Revenue (Saint Mary's College Project) 5.000%   4/1/2033     2,690   2,871
5 Westfield-Washington Multi-School Building Corp. Lease (Abatement) Revenue 5.250%  7/15/2043        50      54
  Whiting IN Industrial Revenue (BP Products North America Inc. Project) PUT 4.200%  6/21/2035       160     170
                                    15,288
Iowa (0.1%)
  Iowa Finance Authority Health, Hospital, Nursing Home Revenue 4.000%  5/15/2053       250     198
  Iowa Finance Authority Local or Guaranteed Housing Revenue 3.000%   7/1/2051       315     312
    Coupon Maturity
Date 		Face
Amount
($000) 		Market
Value
($000)
  Iowa Higher Education Loan Authority College & University Revenue (University of Dubuque Project) 6.000%  10/1/2055       500     523
                                     1,033
Kansas (0.2%)
  Kansas Development Finance Authority Health, Hospital, Nursing Home Revenue PUT 5.000% 11/15/2031        65      73
  Manhattan KS Health, Hospital, Nursing Home Revenue 2.750%   6/1/2046        65      44
  Manhattan KS Health, Hospital, Nursing Home Revenue 3.600%   6/1/2047        40      31
  Shawnee County KS Local or Guaranteed Housing Revenue PUT 3.750%   5/1/2028       100     101
  University of Kansas Hospital Authority Health, Hospital, Nursing Home Revenue 3.000%   3/1/2041        50      45
  Wamego KS Industrial Revenue 3.500%  4/15/2032     1,500   1,513
5 Wyandotte County Unified School District No. 500 Kansas City GO 5.250%   9/1/2055       400     418
  Wyandotte County-Kansas City Unified Government Utility System Water Revenue 5.000%   9/1/2030       150     150
                                     2,375
Kentucky (1.8%)
  Kentucky Bond Development Corp. College & University Revenue 4.500%   6/1/2048        70      65
  Kentucky Bond Development Corp. Health, Hospital, Nursing Home Revenue PUT 5.000%  8/15/2035       135     151
  Kentucky Economic Development Finance Authority Health, Hospital, Nursing Home Revenue 5.000%   6/1/2026       200     201
  Kentucky Economic Development Finance Authority Health, Hospital, Nursing Home Revenue 5.000%   8/1/2030       155     167
  Kentucky Economic Development Finance Authority Health, Hospital, Nursing Home Revenue 5.000%   8/1/2038       255     269
  Kentucky Economic Development Finance Authority Health, Hospital, Nursing Home Revenue 5.000%   8/1/2039        85      89
  Kentucky Economic Development Finance Authority Health, Hospital, Nursing Home Revenue 5.000%  8/15/2041        65      66
  Kentucky Economic Development Finance Authority Telecom Revenue 5.000%   1/1/2045       200     200
  Kentucky Municipal Power Agency Electric Power & Light Revenue PUT 3.450%   3/1/2026       995     995
  Kentucky Public Energy Authority Natural Gas Revenue 5.000%   5/1/2032       520     562
  Kentucky Public Energy Authority Natural Gas Revenue 5.000%  12/1/2033     3,000   3,144
  Kentucky Public Energy Authority Natural Gas Revenue 5.000%   5/1/2036     1,000   1,084
  Kentucky Public Energy Authority Natural Gas Revenue PUT 4.000%   6/1/2026     1,830   1,844
  Kentucky Public Energy Authority Natural Gas Revenue PUT 4.000%   2/1/2028        55      56
  Kentucky Public Energy Authority Natural Gas Revenue PUT 5.250%  12/1/2029     3,090   3,288
  Kentucky Public Energy Authority Natural Gas Revenue PUT 5.000%   7/1/2030        55      58
  Kentucky Public Energy Authority Natural Gas Revenue PUT 5.250%   2/1/2032       100     108
  Kentucky Public Energy Authority Natural Gas Revenue PUT 5.000%   8/1/2032       840     905
  Kentucky State Property & Building Commission Lease (Appropriation) Revenue (Project No. 131) 5.000%  10/1/2030       235     262
  Kentucky State Property & Building Commission Lease (Appropriation) Revenue (Project No. 132) 5.000%   4/1/2028       100     106
  Louisville & Jefferson County Metropolitan Sewer District Sewer Revenue 3.000%  5/15/2037       185     176
  Louisville & Jefferson County Metropolitan Sewer District Sewer Revenue 2.250%  5/15/2042     1,000     751
  Louisville & Jefferson County Metropolitan Sewer District Sewer Revenue 3.000%  5/15/2046       170     134
  Louisville & Jefferson County Visitors & Convention Commission Miscellaneous Taxes Revenue 3.125%   6/1/2041        90      79
  Louisville-Jefferson County Metropolitan Government Health, Hospital, Nursing Home Revenue 5.000%  10/1/2030       110     112
  Louisville-Jefferson County Metropolitan Government Health, Hospital, Nursing Home Revenue 5.000%  10/1/2031       140     142
  Louisville-Jefferson County Metropolitan Government Health, Hospital, Nursing Home Revenue PUT 5.000%  10/1/2029       500     536
  Louisville-Jefferson County Metropolitan Government Health, Hospital, Nursing Home Revenue PUT 5.000%  10/1/2029     1,055   1,129
  University of Kentucky College & University Revenue 5.250%   4/1/2050       500     528
                                    17,207
Louisiana (0.6%)
  Louisiana Housing Corp. Local or Guaranteed Housing Revenue PUT 5.000%   4/1/2027       100     102
2 Louisiana Office Facilities Corp. Lease (Appropriation) Revenue 5.250%   7/1/2050     1,500   1,582
  Louisiana Public Facilities Authority College & University Revenue 5.250%  10/1/2029       305     326
  Louisiana Public Facilities Authority College & University Revenue 5.250%  10/1/2031       100     109
  Louisiana Public Facilities Authority College & University Revenue 5.250%  10/1/2046        25      25
  Louisiana Public Facilities Authority College & University Revenue (Loyola University Project) 5.000%  10/1/2026        65      66
  Louisiana Public Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%  5/15/2030       510     556
  Louisiana Public Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%   7/1/2030       390     417
  Louisiana Public Facilities Authority Health, Hospital, Nursing Home Revenue 3.000%  5/15/2047       795     591
  Louisiana Public Facilities Authority Health, Hospital, Nursing Home Revenue (Ochsner Clinic Foundation Project) 5.000%  5/15/2035       500     510
  New Orleans LA GO 5.000%  12/1/2041       100     106
5 Shreveport LA Water & Sewer Water Revenue 5.000%  12/1/2027        60      62
2 Shreveport LA Water & Sewer Water Revenue 5.000%  12/1/2040       100     111
  St. John Parish the Baptist LA Industrial Revenue (Marathon Oil Corp. Project) PUT 2.200%   7/1/2026       455     454
  St. John Parish the Baptist LA Industrial Revenue (Marathon Oil Corp. Project) PUT 2.375%   7/1/2026       110     110
  St. John Parish the Baptist LA Industrial Revenue (Marathon Oil Corp. Project) PUT 3.300%   7/3/2028        50      51
  Terrebonne Parish Hospital Service District No. 1 Health, Hospital, Nursing Home Revenue (Terrebonne General Medical Center Project) 5.000%   4/1/2036       375     426
                                     5,604
Maine (0.1%)
1 Maine Health & Higher Educational Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%   7/1/2029        15      16
1 Maine Health & Higher Educational Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%   7/1/2029        85      88
  Maine State Housing Authority Local or Guaranteed Housing Revenue 6.000% 11/15/2055       335     374
    Coupon Maturity
Date 		Face
Amount
($000) 		Market
Value
($000)
1 Maine State Housing Authority Local or Guaranteed Housing Revenue 6.000% 11/15/2056       255     287
                                       765
Maryland (1.5%)
  Baltimore MD Water Revenue (Water Projects) 5.000%   7/1/2041       410     415
  Chestertown MD College & University Revenue (Washington College Project) 6.500%   3/1/2055     2,500   2,452
7 Maryland Community Development Administration Local or Guaranteed Housing Revenue 2.150%   7/1/2040       100      77
  Maryland Community Development Administration Local or Guaranteed Housing Revenue 4.350%   2/1/2044       150     147
  Maryland Department of Housing & Community Development Local or Guaranteed Housing Revenue 6.250%   3/1/2056       400     454
  Maryland Health & Higher Educational Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%   7/1/2026       250     252
  Maryland Health & Higher Educational Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%   7/1/2028        35      37
  Maryland Health & Higher Educational Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%  4/15/2032       415     452
  Maryland Health & Higher Educational Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%  5/15/2032       195     223
  Maryland Health & Higher Educational Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%  5/15/2035     1,500   1,761
  Maryland Health & Higher Educational Facilities Authority Health, Hospital, Nursing Home Revenue 3.750%  5/15/2047       170     142
2 Maryland Health & Higher Educational Facilities Authority Health, Hospital, Nursing Home Revenue 5.250%   7/1/2050     1,500   1,552
  Maryland Health & Higher Educational Facilities Authority Health, Hospital, Nursing Home Revenue 4.000%   1/1/2051       680     567
  Maryland Health & Higher Educational Facilities Authority Health, Hospital, Nursing Home Revenue 5.250%  5/15/2055     1,205   1,266
  Maryland Health & Higher Educational Facilities Authority Health, Hospital, Nursing Home Revenue 5.500%   7/1/2056       165     170
1 Maryland Health & Higher Educational Facilities Authority Health, Hospital, Nursing Home Revenue PUT 5.000%  8/15/2033       380     426
1 Maryland Health & Higher Educational Facilities Authority Health, Hospital, Nursing Home Revenue PUT 5.000%  8/15/2036     3,000   3,419
  Maryland Stadium Authority Lottery Revenue (Baltimore City Public Schools Construction & Revitalization Program) 5.000%   5/1/2042       235     241
7 Montgomery County Housing Opportunities Commission Local or Guaranteed Housing Revenue 3.850%   7/1/2034       400     417
                                    14,470
Massachusetts (3.1%)
  Commonwealth of Massachusetts GO 2.000%   3/1/2034     1,025     932
  Commonwealth of Massachusetts GO 2.000%   9/1/2038     1,070     863
  Commonwealth of Massachusetts GO 5.000%   9/1/2038     1,000   1,051
  Commonwealth of Massachusetts GO 3.625%   5/1/2043       200     190
  Commonwealth of Massachusetts GO 5.000%   7/1/2045        85      89
  Commonwealth of Massachusetts GO 5.000%  11/1/2045       205     215
  Commonwealth of Massachusetts GO 5.000%  12/1/2055     1,450   1,504
4 Commonwealth of Massachusetts Special Obligation Revenue, ETM 5.500%   1/1/2034       260     306
  Commonwealth of Massachusetts Transportation Fund Fuel Sales Tax Revenue 5.000%   6/1/2043        50      53
  Commonwealth of Massachusetts Transportation Fund Fuel Sales Tax Revenue (Rail Enhancement Program) 5.000%   6/1/2053       220     228
5 Easton MA GO 4.125%   3/1/2053       840     787
  Everett MA GO 2.000%  1/15/2035        80      70
  Gardner MA GO 2.000% 12/15/2038       335     265
  Lynnfield MA GO 4.000%   2/1/2045       750     742
  Lynnfield MA GO 4.000%   2/1/2047     1,000     962
  Massachusetts Bay Transportation Authority Sales Tax Revenue 5.000%   7/1/2045       150     153
  Massachusetts Development Finance Agency College & University Revenue 5.000%   1/1/2028       365     375
  Massachusetts Development Finance Agency College & University Revenue 5.000%  10/1/2030       200     201
  Massachusetts Development Finance Agency College & University Revenue 5.000%   7/1/2031       650     660
  Massachusetts Development Finance Agency College & University Revenue 4.125%  10/1/2032       205     195
  Massachusetts Development Finance Agency College & University Revenue 5.000%  10/1/2032        60      60
  Massachusetts Development Finance Agency College & University Revenue 5.000%  10/1/2033       100     101
  Massachusetts Development Finance Agency College & University Revenue 4.000%   6/1/2035       100      95
  Massachusetts Development Finance Agency College & University Revenue 5.000%  10/1/2035       350     345
  Massachusetts Development Finance Agency College & University Revenue 5.000%   7/1/2036       525     529
  Massachusetts Development Finance Agency College & University Revenue 5.250%   1/1/2038       100     109
  Massachusetts Development Finance Agency College & University Revenue 4.000%   7/1/2039       100      96
  Massachusetts Development Finance Agency College & University Revenue 4.000%   6/1/2041       100      88
  Massachusetts Development Finance Agency College & University Revenue 5.000%  10/1/2043       150     134
  Massachusetts Development Finance Agency College & University Revenue 5.125%   7/1/2044       100     100
  Massachusetts Development Finance Agency College & University Revenue 5.000%   9/1/2045        65      62
  Massachusetts Development Finance Agency College & University Revenue 4.000%  10/1/2046        85      69
  Massachusetts Development Finance Agency College & University Revenue 5.000%   7/1/2047       275     264
  Massachusetts Development Finance Agency College & University Revenue 4.000%   6/1/2050       250     193
  Massachusetts Development Finance Agency College & University Revenue 5.000%   7/1/2055       500     519
  Massachusetts Development Finance Agency College & University Revenue 4.000%   6/1/2056       220     163
  Massachusetts Development Finance Agency Health, Hospital, Nursing Home Revenue 5.000%   7/1/2028        95      97
  Massachusetts Development Finance Agency Health, Hospital, Nursing Home Revenue 5.000%   7/1/2029       100     106
  Massachusetts Development Finance Agency Health, Hospital, Nursing Home Revenue 5.000%   7/1/2032       125     138
  Massachusetts Development Finance Agency Health, Hospital, Nursing Home Revenue 5.000%   7/1/2035       100     114
  Massachusetts Development Finance Agency Health, Hospital, Nursing Home Revenue 3.375%   7/1/2036       110     106
  Massachusetts Development Finance Agency Health, Hospital, Nursing Home Revenue 5.000%   7/1/2036       170     171
  Massachusetts Development Finance Agency Health, Hospital, Nursing Home Revenue 5.000%   7/1/2037        25      27
  Massachusetts Development Finance Agency Health, Hospital, Nursing Home Revenue 5.000%   7/1/2043       140     153
    Coupon Maturity
Date 		Face
Amount
($000) 		Market
Value
($000)
  Massachusetts Development Finance Agency Health, Hospital, Nursing Home Revenue 5.250%  8/15/2043     1,000   1,060
  Massachusetts Development Finance Agency Health, Hospital, Nursing Home Revenue 4.000%   7/1/2044       205     178
  Massachusetts Development Finance Agency Health, Hospital, Nursing Home Revenue 5.000%   7/1/2044       170     168
  Massachusetts Development Finance Agency Health, Hospital, Nursing Home Revenue 5.000%   7/1/2044       250     250
  Massachusetts Development Finance Agency Health, Hospital, Nursing Home Revenue 5.000%   7/1/2044       100     108
  Massachusetts Development Finance Agency Health, Hospital, Nursing Home Revenue 5.000%   7/1/2045       100     107
  Massachusetts Development Finance Agency Health, Hospital, Nursing Home Revenue 5.000%   7/1/2046       100     106
  Massachusetts Development Finance Agency Health, Hospital, Nursing Home Revenue 5.000%   7/1/2047       650     681
  Massachusetts Development Finance Agency Health, Hospital, Nursing Home Revenue 4.500%   7/1/2054       100      93
2 Massachusetts Development Finance Agency Health, Hospital, Nursing Home Revenue 5.500%   7/1/2055     2,000   2,125
  Massachusetts Development Finance Agency Health, Hospital, Nursing Home Revenue PUT 5.000%  8/15/2031     1,875   2,049
3 Massachusetts Development Finance Agency Local or Guaranteed Housing Revenue 6.500%  7/15/2060     4,000   3,997
  Massachusetts Development Finance Agency Local or Guaranteed Housing Revenue (Umass Boston Student Housing Program) 5.000%  10/1/2031       290     293
  Massachusetts Development Finance Agency Local or Guaranteed Housing Revenue (Umass Boston Student Housing Program) 5.000%  10/1/2048        25      24
  Massachusetts Development Finance Agency Miscellaneous Revenue 4.000%   9/1/2039       150     150
  Massachusetts Housing Finance Agency Local or Guaranteed Housing Revenue 3.100%  12/1/2029       585     589
  Massachusetts Housing Finance Agency Local or Guaranteed Housing Revenue 3.150%   6/1/2030     1,440   1,451
7 Massachusetts Housing Finance Agency Local or Guaranteed Housing Revenue 3.000%  12/1/2045       180     144
  Massachusetts State College Building Authority College & University Revenue (Community College Program) 4.125%   5/1/2050       250     236
  Millis MA GO 2.000%  4/15/2041       100      70
  Nauset MA Regional School District GO 4.000%  5/15/2049       265     251
  Northeast Metropolitan Regional Vocational School District GO 4.000%  5/15/2048        95      89
  Northeast Metropolitan Regional Vocational School District GO 4.000%  5/15/2054       325     297
  Quincy MA BAN GO 5.000%  7/24/2026       620     628
  Tisbury MA GO 3.000%  8/15/2047       275     213
  Tri-County MA Regional Vocational Technical School District GO 4.000%   6/1/2045       345     336
  University of Massachusetts Building Authority College & University Revenue 5.000%  11/1/2030       175     175
2 Worcester MA GO 4.000%  2/15/2047       315     298
                                    29,846
Michigan (2.8%)
  Detroit MI GO 5.000%   4/1/2030        75      78
  Detroit MI GO 5.000%   4/1/2035       175     190
  Detroit MI GO 5.500%   4/1/2037       300     324
  Great Lakes Water Authority Water Supply System Water Revenue 5.000%   7/1/2046     8,420   8,449
9 Jenison Public Schools GO 5.000%   5/1/2043       500     524
  Kent Hospital Finance Authority Health, Hospital, Nursing Home Revenue 4.000%   4/1/2041     1,000     974
9 L'Anse Creuse Public Schools GO 5.000%   5/1/2049        45      47
1 Lansing Board of Water & Light Electric Power & Light Revenue PUT 5.000%   7/1/2031       100     110
  Michigan Finance Authority Health, Hospital, Nursing Home Revenue 5.000%  12/1/2030     1,335   1,378
  Michigan Finance Authority Health, Hospital, Nursing Home Revenue 5.000%   1/1/2031       170     170
  Michigan Finance Authority Health, Hospital, Nursing Home Revenue 5.000%  5/15/2031       100     100
  Michigan Finance Authority Health, Hospital, Nursing Home Revenue 3.000% 11/15/2033       835     828
  Michigan Finance Authority Health, Hospital, Nursing Home Revenue 5.000%  12/1/2034     1,550   1,611
  Michigan Finance Authority Health, Hospital, Nursing Home Revenue 5.000%  4/15/2037        55      61
  Michigan Finance Authority Health, Hospital, Nursing Home Revenue 5.000%  2/15/2039       825     862
  Michigan Finance Authority Health, Hospital, Nursing Home Revenue 5.000%  12/1/2041     2,000   2,094
  Michigan Finance Authority Health, Hospital, Nursing Home Revenue 3.000%  12/1/2049     3,180   2,297
  Michigan Finance Authority Health, Hospital, Nursing Home Revenue 5.500%  2/28/2057       105     109
  Michigan Finance Authority Health, Hospital, Nursing Home Revenue (Mckenzie Health System Project) 4.000%   1/1/2028       275     276
  Michigan State Building Authority Lease (Appropriation) Revenue 5.000%  4/15/2041       325     328
  Michigan State Housing Development Authority Local or Guaranteed Housing Revenue 4.700%  10/1/2054       290     286
  Michigan State Housing Development Authority Local or Guaranteed Housing Revenue 6.250%   6/1/2055       245     271
  Michigan State Housing Development Authority Local or Guaranteed Housing Revenue 6.000%   6/1/2056     3,000   3,349
  Michigan State Housing Development Authority Local or Guaranteed Housing Revenue (Clark Road Family Apartments Project) PUT 4.500%   4/1/2026       100     100
  Michigan State University College & University Revenue 3.000%  8/15/2042       140     121
  Northern Michigan University College & University Revenue 5.500%   6/1/2050     1,645   1,756
  Southfield MI GO 3.000%   5/1/2036       100      98
  Wayne State University College & University Revenue 5.250% 11/15/2055       200     210
                                    27,001
Minnesota (0.4%)
  Anoka MN GO 4.000%   2/1/2042        50      51
  Minneapolis MN GO 3.500%  12/1/2041       625     606
  Minneapolis MN Health, Hospital, Nursing Home Revenue 5.000% 11/15/2034       400     416
  Minneapolis MN Health, Hospital, Nursing Home Revenue 4.000% 11/15/2048       825     697
  Minneapolis MN Health, Hospital, Nursing Home Revenue PUT 5.000% 11/15/2030       175     192
  Minnesota Housing Finance Agency Local or Guaranteed Housing Revenue 1.600%   7/1/2030       145     136
    Coupon Maturity
Date 		Face
Amount
($000) 		Market
Value
($000)
  Minnesota Housing Finance Agency Local or Guaranteed Housing Revenue 4.000%   7/1/2047        45      45
  Minnesota Housing Finance Agency Local or Guaranteed Housing Revenue 6.250%   1/1/2056       215     241
6 Minnesota Municipal Gas Agency Natural Gas Revenue, 67% of SOFR + 1.000% 3.439%  12/1/2052       200     200
  Robbinsdale Independent School District No. 281 GO 2.000%   2/1/2036       835     702
  Rochester MN Health, Hospital, Nursing Home Revenue 4.375% 11/15/2053       450     443
  St. Paul Minnesota Housing & Redevelopment Authority Health, Hospital, Nursing Home Revenue 5.000% 11/15/2027       200     207
  St. Paul Minnesota Housing & Redevelopment Authority Health, Hospital, Nursing Home Revenue 5.000%   7/1/2033       100     113
  St. Paul Minnesota Housing & Redevelopment Authority Health, Hospital, Nursing Home Revenue 4.000% 11/15/2043       160     148
                                     4,197
Mississippi (0.4%)
  Gulfport MS Health, Hospital, Nursing Home Revenue 5.000%   7/1/2031       125     125
  Lowndes County MS Industrial Revenue PUT 2.650%   4/1/2027       295     295
  Mississippi Development Bank Special Obligation Revenue 3.000%   3/1/2029        80      76
  Mississippi Gaming Tax Miscellaneous Taxes Revenue 5.000% 10/15/2029       575     611
1 Mississippi Home Corp. Local or Guaranteed Housing Revenue 6.250%  12/1/2055       500     567
  Mississippi Home Corp. Local or Guaranteed Housing Revenue PUT 5.000%  11/1/2027       250     259
  Mississippi Hospital Equipment & Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%  5/15/2055     1,000   1,018
  Mississippi Hospital Equipment & Facilities Authority Health, Hospital, Nursing Home Revenue (Forrest County General Hospital Project) 5.000%   1/1/2030       300     322
  Mississippi Hospital Equipment & Facilities Authority Health, Hospital, Nursing Home Revenue PUT 5.000%   3/1/2027        60      61
  Warren County MS Industrial Revenue 4.000%   9/1/2032       100     104
                                     3,438
Missouri (0.3%)
  Kansas City MO GO 5.000%   2/1/2044       600     639
  Kansas City MO School District COP 5.000%   4/1/2041       100     110
  Kansas City MO School District COP 5.000%   4/1/2042       100     108
  Kansas City MO Special Obligation Revenue (Missouri Project) 5.500%   4/1/2050       500     535
  Kansas City MO Special Obligation Revenue (Missouri Project) 4.500%   4/1/2055       500     479
  Missouri Health & Educational Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%   6/1/2026       225     227
  Missouri Health & Educational Facilities Authority Health, Hospital, Nursing Home Revenue 5.000% 11/15/2031       100     101
  Missouri Health & Educational Facilities Authority Health, Hospital, Nursing Home Revenue 5.000% 11/15/2035       190     201
  Missouri Health & Educational Facilities Authority Health, Hospital, Nursing Home Revenue 3.625% 11/15/2047       115      95
  Missouri Health & Educational Facilities Authority Health, Hospital, Nursing Home Revenue 4.000%  5/15/2048       150     135
  Missouri Health & Educational Facilities Authority Health, Hospital, Nursing Home Revenue 5.250%   2/1/2054        15      15
  Missouri Health & Educational Facilities Authority Health, Hospital, Nursing Home Revenue (Lutheran Senior Services Projects) 5.000%   2/1/2042        40      42
  Missouri Health & Educational Facilities Authority Health, Hospital, Nursing Home Revenue PUT 4.000%   5/1/2026       195     196
  Missouri Health & Educational Facilities Authority Health, Hospital, Nursing Home Revenue PUT 5.000%   6/1/2028       150     157
  St. Charles County Public Water Supply District No. 2 COP 5.000%  12/1/2044        50      52
                                     3,092
Montana (0.3%)
2 Big Sky Resort Area District Hotel Occupancy Tax Revenue (1% Resort Tax - Cold Smoke Project) 5.000%   7/1/2053     1,500   1,532
5 Lewis & Clark County High School District No. 1 Helena GO 5.000%   7/1/2056       270     279
1 Montana Board of Housing Local or Guaranteed Housing Revenue 5.750%   6/1/2056       460     513
  Montana Facility Finance Authority Health, Hospital, Nursing Home Revenue 5.500%  2/15/2055       100     105
  Montana Facility Finance Authority Health, Hospital, Nursing Home Revenue PUT 5.000%  2/15/2030       100     108
                                     2,537
Multiple States (0.4%)
10 Freddie Mac Pool 3.790%   7/1/2040     3,888   3,692
Nebraska (0.5%)
  Central Plains Energy Project Natural Gas Revenue (Project No. 3) 5.000%   9/1/2029       250     267
  Central Plains Energy Project Natural Gas Revenue (Project No. 4) PUT 5.000%  11/1/2029       675     716
  Central Plains Energy Project Natural Gas Revenue PUT 5.000%   8/1/2031       500     537
  Gretna Public Schools GO 5.000%  6/15/2042       825     855
  Nebraska Investment Finance Authority Local or Guaranteed Housing Revenue 6.250%   9/1/2055       300     337
  Omaha NE Housing Authority Local or Guaranteed Housing Revenue (Central at Columbus Park Project) PUT 3.150%   6/1/2029       235     237
  Omaha Public Power District Electric Power & Light Revenue 4.000%   2/1/2049        80      74
  Omaha Public Power District Electric Power & Light Revenue 5.250%   2/1/2055       975   1,034
1 Omaha Public Power District Nebraska City Station Unit 2 Electric Power & Light Revenue 5.000%   2/1/2043       295     324
  Sarpy County Hospital Authority No. 1 Health, Hospital, Nursing Home Revenue 3.000%  5/15/2046       265     212
                                     4,593
Nevada (0.5%)
  Carson City NV GO 3.000%  11/1/2041       590     521
  Carson City NV Health, Hospital, Nursing Home Revenue (Carson Tahoe Regional Healthcare Project) 5.000%   9/1/2030        75      77
  Clark County NV GO 5.000%  12/1/2030       210     226
  Clark County School District GO 4.000%  6/15/2031       500     500
  Clark County School District GO 5.000%  6/15/2039       160     180
    Coupon Maturity
Date 		Face
Amount
($000) 		Market
Value
($000)
2 Clark County School District GO 4.000%  6/15/2043       100      98
  Las Vegas Convention & Visitors Authority Hotel Occupancy Tax Revenue 5.000%   7/1/2043     1,050   1,079
  Las Vegas Convention & Visitors Authority Hotel Occupancy Tax Revenue 4.000%   7/1/2049       750     675
  Nevada GO 2.000%   5/1/2041       150     110
  Nevada Housing Division Local or Guaranteed Housing Revenue 3.500%   4/1/2051       595     596
  Nevada Housing Division Local or Guaranteed Housing Revenue 5.000%  10/1/2052       380     399
  Nevada System of Higher Education COP 3.375%   7/1/2044       105      90
5 North Las Vegas NV GO 3.000%   6/1/2037       120     113
                                     4,664
New Hampshire (1.0%)
  New Hampshire Business Finance Authority Affordable Housing Certificates Local or Guaranteed Housing Revenue PUT 4.150%  10/1/2034       499     500
  New Hampshire Business Finance Authority Health, Hospital, Nursing Home Revenue 5.000%  12/1/2035       225     255
  New Hampshire Business Finance Authority Health, Hospital, Nursing Home Revenue 5.000%   6/1/2055     1,000     976
  New Hampshire Business Finance Authority Health, Hospital, Nursing Home Revenue 5.500%   6/1/2055     1,000   1,032
3 New Hampshire Business Finance Authority Intergovernmental Agreement Revenue (Grand Pines Project) 5.625%   6/1/2039       270     271
  New Hampshire Business Finance Authority Local or Guaranteed Housing Revenue 4.375%  9/20/2036       952     978
  New Hampshire Business Finance Authority Local or Guaranteed Housing Revenue 5.150%  9/28/2037       100     102
6 New Hampshire Business Finance Authority Local or Guaranteed Housing Revenue 4.167%  1/20/2041       199     189
  New Hampshire Business Finance Authority Local or Guaranteed Housing Revenue 4.946%  2/20/2041     1,118   1,134
  New Hampshire Business Finance Authority Local or Guaranteed Housing Revenue 4.218% 11/20/2042       393     375
  New Hampshire Business Finance Authority Local or Guaranteed Housing Revenue PUT 4.750%   6/1/2035       100     104
  New Hampshire Business Finance Authority Local or Guaranteed Housing Revenue PUT 5.150%   6/1/2035       100     105
  New Hampshire Business Finance Authority Revenue 4.000% 10/15/2035       999   1,010
  New Hampshire Business Finance Authority Revenue (Medical Center Hospital Projects) 6.000%  11/1/2055     1,000     940
  New Hampshire Health & Education Facilities Authority Act Health, Hospital, Nursing Home Revenue 5.000%   8/1/2037       185     191
  New Hampshire Health & Education Facilities Authority Act Health, Hospital, Nursing Home Revenue 5.000%  10/1/2038       105     114
  New Hampshire Health & Education Facilities Authority Act Health, Hospital, Nursing Home Revenue 5.000%  10/1/2042        65      66
1 New Hampshire Housing Finance Authority Local or Guaranteed Housing Revenue 6.250%   1/1/2057     1,425   1,644
                                     9,986
New Jersey (1.1%)
3 Camden County Improvement Authority Charter School Aid Revenue (Camden Preparatory High School Project) 5.000%  7/15/2032       370     393
  Essex County Improvement Authority Charter School Aid Revenue 4.000%  6/15/2038       545     546
3 Essex County Improvement Authority Charter School Aid Revenue (North Star Academy Charter School of Newark Inc. - 2020 Project) 4.000%  7/15/2030       150     153
  Middlesex County NJ COP 5.000% 10/15/2031        50      54
  New Jersey Economic Development Authority Appropriations Revenue 4.250%  6/15/2026       405     405
5 New Jersey Economic Development Authority Appropriations Revenue 3.125%   7/1/2031       140     140
  New Jersey Economic Development Authority Appropriations Revenue, Prere. 5.000% 12/15/2026       755     773
  New Jersey Economic Development Authority Health, Hospital, Nursing Home Revenue (Cranes Mill Project) 5.000%   1/1/2039     2,500   2,553
  New Jersey Economic Development Authority Lease (Appropriation) Revenue (NJ Transit Transportation Project) 5.000%  11/1/2044       500     516
  New Jersey Economic Development Authority Local or Guaranteed Housing Revenue 4.125%   7/1/2030        50      48
  New Jersey Economic Development Authority Local or Guaranteed Housing Revenue 5.000%   7/1/2035        90      89
  New Jersey Economic Development Authority Local or Guaranteed Housing Revenue 5.000%   7/1/2038       150     147
  New Jersey Economic Development Authority Local or Guaranteed Housing Revenue 4.500%   7/1/2041       350     315
  New Jersey Economic Development Authority Miscellaneous Revenue (Seeing Eye Inc. 2017 Project) 5.000%   6/1/2032       160     166
  New Jersey Educational Facilities Authority College & University Revenue 2.000%   3/1/2038     1,250   1,016
  New Jersey Educational Facilities Authority College & University Revenue 4.000%   7/1/2042       285     204
  New Jersey Educational Facilities Authority College & University Revenue 5.000%   7/1/2047       150     115
  New Jersey Educational Facilities Authority College & University Revenue 3.000%   7/1/2050       125      90
  New Jersey Housing & Mortgage Finance Agency Local or Guaranteed Housing Revenue 3.500%   5/1/2029        50      51
  New Jersey Housing & Mortgage Finance Agency Local or Guaranteed Housing Revenue (22 Fulton Street Project) PUT 3.200%   6/1/2030       145     146
6 New Jersey Housing & Mortgage Finance Agency Local or Guaranteed Housing Revenue, SIFMA Municipal Swap Index Yield + 1.200% 3.480%   5/1/2048       100     100
11 New Jersey Transportation Trust Fund Authority Appropriations Revenue 0.000% 12/15/2028       100      93
  New Jersey Transportation Trust Fund Authority Appropriations Revenue 5.000% 12/15/2033       390     424
  New Jersey Transportation Trust Fund Authority Appropriations Revenue (Transportation Program) 5.000%  6/15/2029       200     215
  New Jersey Transportation Trust Fund Authority Appropriations Revenue (Transportation Program) 5.000%  6/15/2040       360     398
  New Jersey Transportation Trust Fund Authority Intergovernmental Agreement Revenue 5.000%  6/15/2033       230     267
5 New Jersey Transportation Trust Fund Authority Transit Revenue 0.000% 12/15/2038        50      32
  Passaic County NJ GO 2.000%  11/1/2031       130     122
  Woodbridge NJ GO 3.000%   3/1/2036       800     781
                                    10,352
New Mexico (0.7%)
  Farmington NM Industrial Revenue PUT 3.900%   6/1/2028       100     102
  New Mexico Mortgage Finance Authority Local or Guaranteed Housing Revenue 2.700%   7/1/2040        85      71
    Coupon Maturity
Date 		Face
Amount
($000) 		Market
Value
($000)
  New Mexico Mortgage Finance Authority Local or Guaranteed Housing Revenue 4.250%   3/1/2053        90      92
  New Mexico Mortgage Finance Authority Local or Guaranteed Housing Revenue (Single Family Mortgage Program) 1.500%   1/1/2030        95      90
1 New Mexico Mortgage Finance Authority Local or Guaranteed Housing Revenue (Single Family Mortgage Program) 5.750%   3/1/2057     3,965   4,415
  New Mexico Municipal Energy Acquisition Authority Natural Gas Revenue PUT 5.000%  11/1/2030     1,240   1,322
  New Mexico Severance Tax Permanent Fund Severance Tax Revenue 5.000%   7/1/2029       125     136
  New Mexico Severance Tax Permanent Fund Severance Tax Revenue 5.000%   7/1/2029       155     169
                                     6,397
New York (14.7%)
  Battery Park City Authority Miscellaneous Revenue 5.000%  11/1/2050     1,720   1,812
2 Broome County Local Development Corp. Health, Hospital, Nursing Home Revenue (United Health Services Hospitals Inc. Project) 3.000%   4/1/2050       770     551
  Build NYC Resource Corp. Charter School Aid Revenue (KIPP NYC Public School Facilities - Canal West Project) 5.000%   7/1/2037        70      74
3 Build NYC Resource Corp. Charter School Aid Revenue (New York Preparatory Charter School Project) 4.000%  6/15/2056       100      73
  Build NYC Resource Corp. Miscellaneous Revenue (Resource Institute Project) 5.500%  12/1/2056       100     105
  Chautauqua County Capital Resource Corp. Electric Power & Light Revenue (NRG Energy Project) PUT 4.250%   4/3/2028       100     102
  Dutchess County Local Development Corp. Health, Hospital, Nursing Home Revenue 3.000%   7/1/2036       185     169
  Dutchess County Local Development Corp. Health, Hospital, Nursing Home Revenue 4.000%   7/1/2041       895     864
  Empire State Development Corp. Income Tax Revenue 5.000%  3/15/2044       270     284
  Empire State Development Corp. Income Tax Revenue 4.000%  3/15/2045     1,425   1,372
  Empire State Development Corp. Intergovernmental Agreement Revenue 5.000%  3/15/2039        80      90
  Empire State Development Corp. Intergovernmental Agreement Revenue 5.000%  3/15/2041       345     381
  Empire State Development Corp. Intergovernmental Agreement Revenue 5.000%  3/15/2053        20      21
  Empire State Development Corp. Lease (Appropriation) Revenue 3.000%  3/15/2050     1,650   1,211
10 Freddie Mac Pool 4.300%   1/1/2041     2,924   2,951
  Genesee County Funding Corp. Health, Hospital, Nursing Home Revenue 5.250%  12/1/2050       330     337
  Genesee County Funding Corp. Health, Hospital, Nursing Home Revenue 5.500%  12/1/2055       225     233
  Hudson Yards Infrastructure Corp. Miscellaneous Revenue 5.000%  2/15/2039       780     795
  Hudson Yards Infrastructure Corp. Miscellaneous Revenue 5.000%  2/15/2042     3,090   3,135
  Hudson Yards Infrastructure Corp. Miscellaneous Revenue 5.000%  2/15/2045     3,510   3,544
  Long Island Power Authority Electric Power & Light Revenue 5.000%   9/1/2041       150     151
  Long Island Power Authority Electric Power & Light Revenue 5.000%   9/1/2042       240     265
  Long Island Power Authority Electric Power & Light Revenue 5.000%   9/1/2049        55      57
  Long Island Power Authority Electric Power & Light Revenue 5.000%   9/1/2053       275     284
  Long Island Power Authority Electric Power & Light Revenue PUT 3.000%   9/1/2028       830     835
  Metropolitan Transportation Authority Dedicated Tax Fund Fuel Sales Tax Revenue 5.000% 11/15/2043        90      98
  Metropolitan Transportation Authority Dedicated Tax Fund Fuel Sales Tax Revenue 5.000% 11/15/2044       300     323
  Metropolitan Transportation Authority Transit Revenue 5.000% 11/15/2036       570     642
  Metropolitan Transportation Authority Transit Revenue 5.000% 11/15/2040       470     487
  Metropolitan Transportation Authority Transit Revenue 4.000% 11/15/2042       150     145
  Metropolitan Transportation Authority Transit Revenue 5.000% 11/15/2042     1,000   1,077
  Metropolitan Transportation Authority Transit Revenue 4.000% 11/15/2045       165     149
2 Metropolitan Transportation Authority Transit Revenue 4.000% 11/15/2046     1,665   1,512
  Metropolitan Transportation Authority Transit Revenue 5.000% 11/15/2046       255     255
  Metropolitan Transportation Authority Transit Revenue 4.000% 11/15/2048       100      87
5 Metropolitan Transportation Authority Transit Revenue 4.000% 11/15/2048       175     158
  Metropolitan Transportation Authority Transit Revenue 4.000% 11/15/2050     1,000     866
  New York City Health & Hospitals Corp. Health, Hospital, Nursing Home Revenue 5.000%  2/15/2042       200     222
  New York City Housing Development Corp. Local or Guaranteed Housing Revenue 3.450%  11/1/2037       110     107
  New York City Housing Development Corp. Local or Guaranteed Housing Revenue 2.400%  11/1/2040        70      55
7 New York City Housing Development Corp. Local or Guaranteed Housing Revenue 2.250%  11/1/2041       100      77
  New York City Housing Development Corp. Local or Guaranteed Housing Revenue 2.550%  11/1/2045       100      72
  New York City Housing Development Corp. Local or Guaranteed Housing Revenue 3.050%  11/1/2049       170     128
  New York City Housing Development Corp. Local or Guaranteed Housing Revenue 2.700%  11/1/2055     1,000     651
  New York City Housing Development Corp. Local or Guaranteed Housing Revenue 3.450%   5/1/2059     1,000     760
  New York City Housing Development Corp. Local or Guaranteed Housing Revenue (8 Spruce Street Project) 4.000% 12/15/2031       100     103
7 New York City Housing Development Corp. Local or Guaranteed Housing Revenue PUT 3.625%   7/1/2028        75      76
  New York City Housing Development Corp. Local or Guaranteed Housing Revenue PUT 3.730% 12/29/2028       255     256
  New York City Housing Development Corp. Local or Guaranteed Housing Revenue PUT 3.400%   1/2/2029       165     167
  New York City Housing Development Corp. Local or Guaranteed Housing Revenue PUT 3.750%   7/2/2029        55      56
  New York City Housing Development Corp. Local or Guaranteed Housing Revenue PUT 3.950%   7/2/2029       100     103
  New York City Housing Development Corp. Local or Guaranteed Housing Revenue PUT 3.100%   2/1/2031     1,480   1,484
2 New York City Industrial Development Agency Miscellaneous Revenue (Queens Baseball Stadium Project) 2.000%   1/1/2038       185     146
2 New York City Industrial Development Agency Miscellaneous Revenue (Yankee Stadium Project) PILOT 4.000%   3/1/2045       490     467
2 New York City Industrial Development Agency Miscellaneous Revenue (Yankee Stadium Project) PILOT 3.000%   3/1/2049        20      15
  New York City Industrial Development Agency Miscellaneous Revenue (Yankee Stadium Project) PILOT 3.000%   3/1/2049       105      75
  New York City Municipal Water Finance Authority Water Revenue 5.000%  6/15/2039       750     848
  New York City Municipal Water Finance Authority Water Revenue 5.000%  6/15/2041       105     112
    Coupon Maturity
Date 		Face
Amount
($000) 		Market
Value
($000)
  New York City Municipal Water Finance Authority Water Revenue 5.000%  6/15/2041       960   1,023
  New York City Municipal Water Finance Authority Water Revenue 3.000%  6/15/2044       600     494
  New York City Municipal Water Finance Authority Water Revenue 5.000%  6/15/2044       135     143
  New York City Municipal Water Finance Authority Water Revenue 3.000%  6/15/2046       550     418
  New York City Municipal Water Finance Authority Water Revenue 5.000%  6/15/2047        60      63
  New York City Municipal Water Finance Authority Water Revenue 3.625%  6/15/2048       170     144
  New York City Municipal Water Finance Authority Water Revenue 3.000%  6/15/2050     1,500   1,118
  New York City Municipal Water Finance Authority Water Revenue 4.000%  6/15/2051       525     477
  New York City Municipal Water Finance Authority Water Revenue 4.000%  6/15/2054       300     269
  New York City Municipal Water Finance Authority Water Revenue 4.250%  6/15/2054       260     247
  New York City Municipal Water Finance Authority Water Revenue 5.000%  6/15/2055     2,000   2,065
  New York City Municipal Water Finance Authority Water Revenue 5.250%  6/15/2055       500     527
  New York City Municipal Water Finance Authority Water Revenue 5.250%  6/15/2055     2,000   2,111
1 New York City Municipal Water Finance Authority Water Revenue 5.250%  6/15/2056     5,000   5,280
  New York City Transitional Finance Authority Building Aid Income Tax Revenue 5.000%  7/15/2043     3,345   3,440
  New York City Transitional Finance Authority Building Aid Income Tax Revenue 5.000%  7/15/2045       565     578
  New York City Transitional Finance Authority Building Aid Income Tax Revenue 5.250%  7/15/2045     1,850   1,904
  New York City Transitional Finance Authority Building Aid Income Tax Revenue 3.625%  7/15/2047       105      90
  New York City Transitional Finance Authority Building Aid Intergovernmental Agreement Revenue 5.000%  7/15/2043       685     743
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%   2/1/2032       400     400
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%   5/1/2032       200     211
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%  11/1/2033     1,000   1,167
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%   2/1/2034       115     118
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 3.000%   2/1/2035       280     267
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%  11/1/2035     1,000   1,184
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%   2/1/2036       205     228
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 3.000%  11/1/2036       250     243
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%  11/1/2036       315     315
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%   2/1/2037       270     303
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%   2/1/2038       280     316
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%   2/1/2038       565     630
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%   5/1/2038        60      68
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 4.000%  11/1/2038        55      56
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%  11/1/2038       385     434
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%   5/1/2039       470     529
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%  11/1/2039       375     419
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%   2/1/2040     2,120   2,300
1 New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%   2/1/2040       100     113
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.250%   2/1/2040       100     111
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%   5/1/2040       275     305
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 3.000%   8/1/2040     2,000   1,787
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%  11/1/2040       570     629
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%  11/1/2040       320     355
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%   2/1/2041       145     159
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%   5/1/2041        85      90
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%   5/1/2041       100     111
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%  11/1/2041        65      71
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%   2/1/2042       160     174
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%   5/1/2042       255     282
1 New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%   2/1/2043       100     109
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%   5/1/2043        80      86
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%   5/1/2043       295     321
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%   2/1/2044       155     165
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 4.000%   5/1/2044     1,000     966
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%   5/1/2044       105     112
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%   5/1/2044       100     108
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%  11/1/2044        75      80
1 New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%   2/1/2045       100     107
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%   5/1/2045       100     107
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%   8/1/2045     1,030   1,047
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 4.000%  11/1/2045     1,850   1,731
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%  11/1/2045       380     406
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 4.000%   2/1/2046       335     311
1 New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%   2/1/2046       100     106
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%  11/1/2046       300     317
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.500%  11/1/2049       100     107
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 3.000%   2/1/2051       865     636
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.000%   5/1/2051     4,000   4,112
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.250%   5/1/2051        70      73
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 5.250%   2/1/2053       145     151
    Coupon Maturity
Date 		Face
Amount
($000) 		Market
Value
($000)
  New York City Transitional Finance Authority Future Tax Secured Income Tax Revenue 4.125%  11/1/2053       100      92
  New York City Trust for Cultural Resources Miscellaneous Revenue 5.000%  12/1/2038       275     293
  New York Convention Center Development Corp. Hotel Occupancy Tax Revenue 0.000% 11/15/2029        50      44
  New York Convention Center Development Corp. Hotel Occupancy Tax Revenue 0.000% 11/15/2032        80      64
  New York Convention Center Development Corp. Hotel Occupancy Tax Revenue 0.000% 11/15/2038       100      59
  New York Energy Finance Development Corp. Electric Power & Light Revenue PUT 5.000%  12/1/2033       890     948
  New York Liberty Development Corp. Industrial Revenue 5.500%  10/1/2037        85     103
  New York Liberty Development Corp. Industrial Revenue (Bank of America Tower at One Bryant Park Project) 2.625%  9/15/2069       675     636
5 New York Liberty Development Corp. Intergovernmental Agreement Revenue 2.750%  2/15/2044       270     207
2 New York Liberty Development Corp. Lease (Appropriation) Revenue 2.875% 11/15/2046        90      68
  New York Liberty Development Corp. Lease (Appropriation) Revenue 3.000% 11/15/2051       110      79
  New York NY GO 5.000%   8/1/2029       430     436
  New York NY GO 5.000%   8/1/2032       385     432
  New York NY GO 5.000%   4/1/2033     1,000   1,051
  New York NY GO 5.000%  12/1/2033       400     408
  New York NY GO 5.000%   8/1/2037       200     223
  New York NY GO 5.000%   4/1/2038       400     449
  New York NY GO 5.000%   3/1/2039       780     809
  New York NY GO 5.000%   3/1/2039       520     579
  New York NY GO 5.000%   8/1/2039       340     359
  New York NY GO 5.000%   8/1/2041       265     296
  New York NY GO 5.000%   2/1/2042     1,095   1,201
  New York NY GO 5.000%   3/1/2042       140     148
  New York NY GO 5.000%   8/1/2042       120     132
  New York NY GO 5.000%   4/1/2043       120     123
  New York NY GO 5.000%   4/1/2043     4,205   4,506
  New York NY GO 5.000%   8/1/2043        70      73
  New York NY GO 5.000%   8/1/2043       175     182
  New York NY GO 5.000%   8/1/2043       130     141
  New York NY GO 5.000%  10/1/2043       215     223
  New York NY GO 5.000%   3/1/2044       135     141
  New York NY GO 5.000%   8/1/2044       545     585
  New York NY GO 5.000%  12/1/2044       910     934
  New York NY GO 5.250%   2/1/2045     1,310   1,416
  New York NY GO 5.000%   4/1/2045       410     417
  New York NY GO 5.000%   8/1/2045       205     217
  New York NY GO 3.000%   8/1/2050       500     368
  New York NY GO 5.250%   4/1/2054       145     151
  New York NY GO 5.250%  10/1/2055     2,305   2,413
  New York Power Authority Electric Power & Light Revenue 3.250% 11/15/2060     3,500   2,568
2 New York Power Authority Electric Power & Light Revenue (Green Transmission Project) 4.000% 11/15/2052       510     467
  New York State Dormitory Authority College & University Revenue 5.000%   7/1/2031       560     620
  New York State Dormitory Authority College & University Revenue 5.000%   7/1/2032       525     588
  New York State Dormitory Authority College & University Revenue 5.250%   5/1/2034       100     113
  New York State Dormitory Authority College & University Revenue 5.000%   7/1/2035       100     118
  New York State Dormitory Authority College & University Revenue 5.000%   7/1/2039        75      79
  New York State Dormitory Authority College & University Revenue 4.000%   7/1/2040       305     299
11 New York State Dormitory Authority College & University Revenue 5.500%   7/1/2040       550     651
  New York State Dormitory Authority College & University Revenue (New School Project) 5.000%   7/1/2036       500     507
  New York State Dormitory Authority College & University Revenue (New School Project) 4.000%   7/1/2043        50      46
  New York State Dormitory Authority Health, Hospital, Nursing Home Revenue 5.000%   8/1/2029       115     120
  New York State Dormitory Authority Health, Hospital, Nursing Home Revenue 5.000%   8/1/2030        70      73
  New York State Dormitory Authority Health, Hospital, Nursing Home Revenue 2.000%   7/1/2033       495     450
  New York State Dormitory Authority Health, Hospital, Nursing Home Revenue 5.000%   9/1/2033       150     159
  New York State Dormitory Authority Health, Hospital, Nursing Home Revenue 3.000%   7/1/2048       150     112
  New York State Dormitory Authority Health, Hospital, Nursing Home Revenue 5.250%   7/1/2054       100     106
  New York State Dormitory Authority Health, Hospital, Nursing Home Revenue 5.125% 11/15/2055       300     301
  New York State Dormitory Authority Income Tax Revenue 5.000%  2/15/2042     1,500   1,511
  New York State Dormitory Authority Income Tax Revenue 5.000%  3/15/2042       155     171
  New York State Dormitory Authority Income Tax Revenue 5.000%  3/15/2042       100     112
  New York State Dormitory Authority Income Tax Revenue 5.000%  2/15/2043     5,000   5,102
  New York State Dormitory Authority Income Tax Revenue 5.000%  3/15/2043       100     110
  New York State Dormitory Authority Income Tax Revenue 5.000%  3/15/2045        50      51
  New York State Dormitory Authority Income Tax Revenue 3.000%  3/15/2050     1,000     735
  New York State Dormitory Authority Income Tax Revenue 5.000%  3/15/2050       155     161
  New York State Dormitory Authority Income Tax Revenue 5.250%  3/15/2050       115     122
  New York State Dormitory Authority Income Tax Revenue 5.000%  3/15/2052     1,075   1,109
  New York State Dormitory Authority Income Tax Revenue 5.500%  3/15/2053       195     209
  New York State Dormitory Authority Income Tax Revenue 5.000%  3/15/2054       150     154
  New York State Dormitory Authority Lease (Appropriation) Revenue 5.000%  3/15/2034       100     111
    Coupon Maturity
Date 		Face
Amount
($000) 		Market
Value
($000)
  New York State Dormitory Authority Sales Tax Revenue 5.000%  3/15/2041     2,500   2,598
  New York State Dormitory Authority Sales Tax Revenue 5.000%  3/15/2047       365     384
  New York State Dormitory Authority Sales Tax Revenue 5.250%  3/15/2050       470     499
  New York State Dormitory Authority Sales Tax Revenue 5.000%  3/15/2055     5,000   5,156
  New York State Energy Research & Development Authority Electric Power & Light Revenue 3.750%  5/15/2032       100     104
  New York State Energy Research & Development Authority Industrial Revenue 3.800%   8/1/2032       215     224
  New York State Housing Finance Agency Income Tax Revenue PUT 3.300% 12/15/2028       100     100
  New York State Housing Finance Agency Income Tax Revenue PUT 3.350%  6/15/2029       100     101
  New York State Housing Finance Agency Local or Guaranteed Housing Revenue 2.850%  11/1/2039        50      43
  New York State Housing Finance Agency Local or Guaranteed Housing Revenue 2.500%  11/1/2040       105      84
  New York State Housing Finance Agency Local or Guaranteed Housing Revenue 2.730%  11/1/2051       165     110
  New York State Housing Finance Agency Local or Guaranteed Housing Revenue PUT 2.500%   5/1/2027       135     135
7 New York State Housing Finance Agency Local or Guaranteed Housing Revenue PUT 3.100%  11/1/2027       120     120
7 New York State Housing Finance Agency Local or Guaranteed Housing Revenue PUT 3.100%  11/1/2027        25      25
  New York State Housing Finance Agency Local or Guaranteed Housing Revenue PUT 3.650%  11/1/2028       495     495
  New York State Housing Finance Agency Local or Guaranteed Housing Revenue PUT 3.125%   5/1/2030       100     100
  New York State Housing Finance Agency Local or Guaranteed Housing Revenue PUT 3.375%  11/1/2031     1,005   1,014
  New York State Housing Finance Agency Local or Guaranteed Housing Revenue PUT 3.570%  11/1/2031       300     307
  New York State Housing Finance Agency Local or Guaranteed Housing Revenue PUT 3.600%   4/1/2032       430     440
  New York State Housing Finance Agency Local or Guaranteed Housing Revenue PUT 3.600%   4/1/2032       100     102
  New York State Thruway Authority Highway Revenue 4.000%   1/1/2045       175     162
2 New York State Thruway Authority Highway Revenue 3.000%   1/1/2046       100      78
  New York State Thruway Authority Highway Revenue 5.000%   1/1/2046     2,000   2,003
  New York State Thruway Authority Highway Revenue 5.250%   1/1/2056       115     121
  New York State Thruway Authority Lease (Appropriation) Revenue 4.000%  3/15/2047     1,000     922
  Onondaga Civic Development Corp. College & University Revenue (Le Moyne College Project) 5.000%   1/1/2029       145     150
  Onondaga Civic Development Corp. College & University Revenue (Syracuse University Project) 4.500%  12/1/2050       100      99
  Onondaga County Trust for Cultural Resources College & University Revenue (Syracuse University Project) 5.000%  12/1/2040       220     234
  Onondaga County Water Authority Water Revenue 3.000%  9/15/2039       190     178
2 Rockland County Economic Assistance Corp. Health, Hospital, Nursing Home Revenue 6.500%  11/1/2055       200     224
  Suffolk County Water Authority Water Revenue 3.250%   6/1/2043       140     125
  Triborough Bridge & Tunnel Authority Highway Revenue 5.000% 11/15/2038       350     368
  Triborough Bridge & Tunnel Authority Highway Revenue 5.000% 11/15/2042       400     411
  Triborough Bridge & Tunnel Authority Highway Revenue 5.000% 11/15/2049       520     535
  Triborough Bridge & Tunnel Authority Highway Revenue 5.000% 11/15/2054        35      36
  Triborough Bridge & Tunnel Authority Miscellaneous Taxes Revenue 5.250% 11/15/2039       345     396
  Triborough Bridge & Tunnel Authority Miscellaneous Taxes Revenue 5.000%  12/1/2044       165     177
  Triborough Bridge & Tunnel Authority Miscellaneous Taxes Revenue 4.000%  5/15/2046       115     107
  Triborough Bridge & Tunnel Authority Miscellaneous Taxes Revenue 5.250%  12/1/2048       325     345
  Triborough Bridge & Tunnel Authority Miscellaneous Taxes Revenue 4.000%  5/15/2051       225     205
  Triborough Bridge & Tunnel Authority Miscellaneous Taxes Revenue PUT 2.000%  5/15/2026        40      40
  Triborough Bridge & Tunnel Authority Sales Tax Revenue 5.000%  5/15/2044       900     953
  Triborough Bridge & Tunnel Authority Sales Tax Revenue 5.250%  5/15/2052        90      94
  Triborough Bridge & Tunnel Authority Sales Tax Revenue 5.250%  5/15/2064     3,000   3,124
  Westchester County Local Development Corp. College & University Revenue 4.000%   6/1/2042       130     117
  Westchester County Local Development Corp. Health, Hospital, Nursing Home Revenue 3.750%  11/1/2037       320     276
  Westchester County Local Development Corp. Health, Hospital, Nursing Home Revenue 5.000%  11/1/2046     1,720   1,569
  Westchester County Local Development Corp. Health, Hospital, Nursing Home Revenue 7.500%  11/1/2055       250     279
3 Westchester County Local Development Corp. Health, Hospital, Nursing Home Revenue 5.000%   7/1/2056       615     554
                                   141,206
North Carolina (0.5%)
  Charlotte NC Airport Port, Airport & Marina Revenue 3.000%   7/1/2046       215     165
  Charlotte-Mecklenburg Hospital Authority Health, Hospital, Nursing Home Revenue PUT 3.250%  6/15/2027        30      30
  Charlotte-Mecklenburg Hospital Authority Health, Hospital, Nursing Home Revenue PUT 5.000%  12/1/2028       150     160
  Charlotte-Mecklenburg Hospital Authority Health, Hospital, Nursing Home Revenue PUT 1.950%  11/1/2029        50      48
  North Carolina Appropriations Revenue 2.000%   3/1/2036       380     328
  North Carolina Appropriations Revenue (Build NC Programs) 3.000%   5/1/2033       120     120
  North Carolina Government Fund/Grant Revenue 5.000%   3/1/2030       130     144
  North Carolina Housing Finance Agency Local or Guaranteed Housing Revenue 1.450%   1/1/2030        50      47
  North Carolina Housing Finance Agency Local or Guaranteed Housing Revenue 4.000%   7/1/2047        15      15
  North Carolina Housing Finance Agency Local or Guaranteed Housing Revenue PUT 5.000%   4/1/2028       150     157
  North Carolina Medical Care Commission Health, Hospital, Nursing Home Revenue 5.000%  10/1/2028     1,985   2,075
  North Carolina Medical Care Commission Health, Hospital, Nursing Home Revenue 4.000%   3/1/2030       150     155
  North Carolina Medical Care Commission Health, Hospital, Nursing Home Revenue 5.375%  10/1/2045       810     823
  North Carolina Turnpike Authority Highway Revenue 5.000%   1/1/2030        85      91
                                     4,358
North Dakota (0.2%)
  Grand Forks ND Health, Hospital, Nursing Home Revenue 4.000%  12/1/2046       350     299
  Horace ND GO 5.000%   5/1/2032       595     634
    Coupon Maturity
Date 		Face
Amount
($000) 		Market
Value
($000)
  North Dakota Housing Finance Agency Local or Guaranteed Housing Revenue 6.000%   7/1/2054       100     109
  North Dakota Housing Finance Agency Local or Guaranteed Housing Revenue 6.000%   1/1/2056       100     111
  North Dakota Housing Finance Agency Local or Guaranteed Housing Revenue 5.750%   7/1/2056       135     150
  North Dakota State Board of Higher Education Local or Guaranteed Housing Revenue 3.250%   4/1/2037       130     129
2 University of North Dakota COP 3.000%   6/1/2061       900     602
  Ward County ND Health, Hospital, Nursing Home Revenue 5.000%   6/1/2048        30      27
                                     2,061
Ohio (3.9%)
  Akron Bath Copley Joint Township Hospital District Health, Hospital, Nursing Home Revenue, ETM 5.000% 11/15/2027        30      31
  Akron OH GO 5.000%  12/1/2039       700     768
  Akron OH GO 5.000%  12/1/2040       500     544
  Allen County OH Hospital Facilities Health, Hospital, Nursing Home Revenue 5.000%  11/1/2043       150     150
  American Municipal Power Inc. Electric Power & Light Revenue 4.000%  2/15/2044       100      93
  American Municipal Power Inc. Electric Power & Light Revenue (AMP Michigan Cat Peaking Project) 5.000%  2/15/2032       110     123
  American Municipal Power Inc. Electric Power & Light Revenue (AMP Michigan Cat Peaking Project) 5.000%  2/15/2033       110     125
  American Municipal Power Inc. Electric Power & Light Revenue (AMP Michigan Cat Peaking Project) 5.000%  2/15/2034     1,045   1,193
  American Municipal Power Inc. Electric Power & Light Revenue (AMP Michigan Cat Peaking Project) 5.000%  2/15/2035     1,095   1,258
  American Municipal Power Inc. Electric Power & Light Revenue (AMP Michigan Cat Peaking Project) 5.000%  2/15/2036       385     445
  American Municipal Power Inc. Electric Power & Light Revenue (AMP Michigan Cat Peaking Project) 5.000%  2/15/2037       100     115
  Ashland City School District GO 2.250%  11/1/2045     1,000     640
  Avon Lake City School District GO 5.250%  12/1/2062     3,000   3,137
  Bluffton OH Health, Hospital, Nursing Home Revenue 5.000%  12/1/2031       100     103
  Buckeye Tobacco Settlement Financing Authority Tobacco Settlement Funded Revenue 5.000%   6/1/2055       895     736
  Butler County OH Health, Hospital, Nursing Home Revenue 4.000% 11/15/2036       310     305
  Butler County OH Health, Hospital, Nursing Home Revenue 4.000% 11/15/2040       870     813
  Cuyahoga County OH Health, Hospital, Nursing Home Revenue 5.000%  2/15/2028       635     645
  Cuyahoga County OH Health, Hospital, Nursing Home Revenue 4.000%  2/15/2029       290     291
  Franklin County OH Health, Hospital, Nursing Home Revenue 5.000%  11/1/2034       555     570
10 Freddie Mac Pool 4.250%   9/1/2041       915     904
  Hamilton County OH Health, Hospital, Nursing Home Revenue 5.500%   1/1/2050       500     511
  Hamilton County OH Health, Hospital, Nursing Home Revenue 3.750%  8/15/2050     1,020     842
  Hamilton County OH Health, Hospital, Nursing Home Revenue 4.000%  9/15/2050     3,175   2,596
  Hamilton County OH Health, Hospital, Nursing Home Revenue 5.500%   1/1/2055       100     102
  JobsOhio Beverage System Miscellaneous Revenue 5.000%   1/1/2053     1,325   1,382
5 Lockland Local School District GO 2.375%  12/1/2041       100      78
  Lucas County OH Health, Hospital, Nursing Home Revenue 4.000% 11/15/2045       250     217
  Miami University OH College & University Revenue 5.000%   9/1/2041     2,435   2,454
  Montgomery County OH Health, Hospital, Nursing Home Revenue 3.000% 11/15/2040       160     125
  Montgomery County OH Health, Hospital, Nursing Home Revenue 4.000% 11/15/2042       455     422
  Montgomery County OH Health, Hospital, Nursing Home Revenue 3.000%   8/1/2051       150     106
  Muskingum County OH Health, Hospital, Nursing Home Revenue (Genesis Healthcare System Obligated Group Project) 5.000%  2/15/2033       100     100
  New Albany Plain Local School District GO 4.250%  12/1/2061       200     193
  Norwalk City School District GO 5.000%  11/1/2061       250     256
1 Ohio Air Quality Development Authority Electric Power & Light Revenue 3.875%   1/1/2036       100     100
  Ohio Air Quality Development Authority Electric Power & Light Revenue (Ohio Valley Electric Corp. Program) 3.250%   9/1/2029       100     100
  Ohio Health, Hospital, Nursing Home Revenue 5.000% 11/15/2028       100     105
  Ohio Health, Hospital, Nursing Home Revenue 3.375%   1/1/2038       255     251
  Ohio Health, Hospital, Nursing Home Revenue 4.000%  1/15/2046       185     165
  Ohio Higher Educational Facility Commission College & University Revenue (John Carroll University Project) 5.000%  10/1/2030       360     380
  Ohio Higher Educational Facility Commission College & University Revenue (John Carroll University Project) 3.750%   4/1/2041        35      30
  Ohio Higher Educational Facility Commission College & University Revenue (Ohio Wesleyan University Project) 5.000%  10/1/2032       345     370
  Ohio Higher Educational Facility Commission College & University Revenue (University Findlay Project) 5.000%   3/1/2044       205     194
  Ohio Higher Educational Facility Commission College & University Revenue (Xavier University 2020 Project) 5.000%   5/1/2031       210     224
  Ohio Higher Educational Facility Commission College & University Revenue (Xavier University 2024 Project) 5.000%   5/1/2027       200     205
  Ohio Higher Educational Facility Commission Health, Hospital, Nursing Home Revenue 5.000%   1/1/2030       200     213
  Ohio Higher Educational Facility Commission Health, Hospital, Nursing Home Revenue 5.000%   1/1/2032        70      76
  Ohio Housing Finance Agency Local or Guaranteed Housing Revenue 6.250%   3/1/2055       195     213
  Ohio Housing Finance Agency Local or Guaranteed Housing Revenue 4.700%   9/1/2055       200     197
  Ohio Housing Finance Agency Local or Guaranteed Housing Revenue 6.250%   3/1/2056       100     111
  Ohio Housing Finance Agency Local or Guaranteed Housing Revenue (Mortgage-Backed Securities Program) 3.250%   9/1/2052        65      65
  Ohio Housing Finance Agency Local or Guaranteed Housing Revenue (Mortgage-Backed Securities Program) 6.375%   3/1/2056       100     116
  Ohio Housing Finance Agency Local or Guaranteed Housing Revenue PUT 3.370%   3/1/2027       100     101
  Ohio Turnpike & Infrastructure Commission Highway Revenue 4.000%  2/15/2032        55      57
  Ohio Water Development Authority Water Revenue 5.000%  12/1/2040     2,110   2,335
  Ross County OH Health, Hospital, Nursing Home Revenue 5.000%  12/1/2028       500     526
  Scioto County OH Health, Hospital, Nursing Home Revenue 5.000%  2/15/2034       140     140
    Coupon Maturity
Date 		Face
Amount
($000) 		Market
Value
($000)
  Sharonville OH Special Obligation Revenue 2.550%  12/1/2044       100      74
5 Southwest Licking Local School District (School Facilities Project) COP 3.000%  12/1/2035        65      64
  Springfield-Clark County Career Technology Center GO 5.000%  10/1/2061       400     407
5 Summit County Development Finance Authority Local or Guaranteed Housing Revenue (PRG - Akron Properties LLC – The University of Akron Project) 5.000%   7/1/2065     1,225   1,221
  Toledo OH Water System Water Revenue 5.000% 11/15/2040        55      59
5 Trenton OH Special Obligation Revenue 5.250%  12/1/2050     1,000   1,048
5 Trenton OH Special Obligation Revenue 5.250%  12/1/2054     1,000   1,042
5 Tuscarawas Valley Local School District (School Facilities Project) COP 3.000%  12/1/2038     1,440   1,309
  University of Akron College & University Revenue 5.000%   1/1/2027       200     200
  University of Akron College & University Revenue 3.125%   1/1/2042       105      87
  West Central Ohio Port Authority Miscellaneous Revenue (Global Impact Stem Academy Project) 5.500%  12/1/2055     1,470   1,483
  West Central Ohio Port Authority Miscellaneous Revenue (Global Impact Stem Academy Project) 5.500%  12/1/2062     2,055   2,060
                                    37,701
Oklahoma (0.9%)
  Grand River Dam Authority Electric Power & Light Revenue 5.000%   6/1/2038       275     309
  Norman Regional Hospital Authority Health, Hospital, Nursing Home Revenue 5.000%   9/1/2031       130     111
  Norman Regional Hospital Authority Health, Hospital, Nursing Home Revenue 4.000%   9/1/2037        90      62
  Norman Regional Hospital Authority Health, Hospital, Nursing Home Revenue 5.000%   9/1/2037       105      87
  Norman Regional Hospital Authority Health, Hospital, Nursing Home Revenue 4.000%   9/1/2045       285     197
  Norman Regional Hospital Authority Health, Hospital, Nursing Home Revenue 5.000%   9/1/2045        75      63
  Oklahoma Capitol Improvement Authority Lease (Appropriation) Revenue 5.250%   7/1/2050       500     535
  Oklahoma Capitol Improvement Authority Lease (Appropriation) Revenue 5.250%   7/1/2055       250     265
  Oklahoma County Finance Authority Lease (Appropriation) Revenue 5.000%   9/1/2035       200     213
  Oklahoma Housing Finance Agency Local or Guaranteed Housing Revenue (Home Ownership Loan Program) 6.250%   9/1/2056       300     341
  Oklahoma State University College & University Revenue 3.000%   9/1/2050       690     492
  Oklahoma Turnpike Authority Highway Revenue 5.000%   1/1/2041       100     113
  Oklahoma Turnpike Authority Highway Revenue 5.500%   1/1/2054     1,575   1,702
  Oklahoma Water Resources Board Intergovernmental Agreement Revenue (State Loan Program) 5.000%  10/1/2055     4,250   4,383
  Oklahoma Water Resources Board Lease Revenue 2.250%  10/1/2046        95      60
                                     8,933
Oregon (0.7%)
  Columbia County School District No. 502 GO 5.000%  6/15/2045       190     198
  Lake Oswego OR GO 5.000%   6/1/2040     1,685   1,817
  Lake Oswego OR GO 5.000%   6/1/2042     2,005   2,138
  Oregon Department of Transportation Fuel Sales Tax Revenue 5.000% 11/15/2038        95     101
  Oregon Department of Transportation Fuel Sales Tax Revenue 5.000% 11/15/2039        75      81
  Oregon Housing & Community Services Department Local or Guaranteed Housing Revenue (Single Family Mortgage Program) 1.450%   1/1/2030        30      28
  Oregon Housing & Community Services Department Local or Guaranteed Housing Revenue (Verde Pines Project) PUT 3.100%   2/1/2028       100     100
  Oregon State Business Development Commission Industrial Revenue (Intel Corp. Project) PUT 3.800%  6/15/2028       535     544
  Oregon State Facilities Authority College & University Revenue (University of Portland Projects) 5.000%   4/1/2045       930     950
  Portland OR Water System Water Revenue 2.000%   5/1/2044       100      67
  Salem Hospital Facility Authority Health, Hospital, Nursing Home Revenue (Salem Health Project) 5.000%  5/15/2044       445     455
  Salem Hospital Facility Authority Health, Hospital, Nursing Home Revenue (Salem Health Project) 3.000%  5/15/2049       245     176
                                     6,655
Pennsylvania (4.6%)
  Allegheny County Higher Education Building Authority College & University Revenue, Prere. 5.000% 10/15/2027       215     224
  Allegheny County Hospital Development Authority Health, Hospital, Nursing Home Revenue 5.000%  7/15/2032       500     534
6 Allegheny County Hospital Development Authority Health, Hospital, Nursing Home Revenue, SIFMA Municipal Swap Index Yield + 0.700% 2.980% 11/15/2047       470     466
  Bethlehem Redevelopment Authority College & University Revenue (Moravian University Project) 5.500%  10/1/2054     1,200   1,214
  Bucks County IDA Health, Hospital, Nursing Home Revenue (Grand View Hospital Project) 4.000%   7/1/2046       250     217
  Bucks County IDA Health, Hospital, Nursing Home Revenue (St. Luke's University Health Network Project) 3.000%  8/15/2053       110      76
  Bucks County IDA Private Schools Revenue (George School Project) 3.000%  9/15/2049       500     372
  Chester County Health & Education Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%  10/1/2035       135     139
  Chester County Health & Education Facilities Authority Health, Hospital, Nursing Home Revenue 3.000%   9/1/2046       580     447
  Commonwealth Financing Authority Appropriations Revenue 5.000%   6/1/2034     2,000   2,011
  Commonwealth of Pennsylvania GO 4.000%   3/1/2036        50      51
  Cumberland County Municipal Authority Health, Hospital, Nursing Home Revenue (Messiah Village Project) 5.000%   6/1/2033     1,060   1,157
  Cumberland County Municipal Authority Health, Hospital, Nursing Home Revenue (Messiah Village Project) 5.000%   6/1/2036     1,000   1,094
  Cumberland County Municipal Authority Health, Hospital, Nursing Home Revenue (Messiah Village Project) 5.500%   6/1/2051     1,000   1,011
  Dauphin County General Authority Health, Hospital, Nursing Home Revenue (Pinnacle Health System Project) 4.000%   6/1/2031       115     115
3 Delaware County PA IDA Charter School Aid Revenue 5.125%   6/1/2046       150     145
  Delaware Valley Regional Finance Authority Intergovernmental Agreement Revenue 4.000%  12/1/2036     1,000   1,064
  Delaware Valley Regional Finance Authority Intergovernmental Agreement Revenue 4.000%  12/1/2037       410     434
  Delaware Valley Regional Finance Authority Intergovernmental Agreement Revenue 4.000%  12/1/2038       440     459
    Coupon Maturity
Date 		Face
Amount
($000) 		Market
Value
($000)
  DuBois Hospital Authority Health, Hospital, Nursing Home Revenue 5.000%  7/15/2033       115     118
  DuBois Hospital Authority Health, Hospital, Nursing Home Revenue 4.000%  7/15/2035       125     122
  DuBois Hospital Authority Health, Hospital, Nursing Home Revenue 4.000%  7/15/2037        50      47
  DuBois Hospital Authority Health, Hospital, Nursing Home Revenue 4.000%  7/15/2041       110      98
  DuBois Hospital Authority Health, Hospital, Nursing Home Revenue 5.000%  7/15/2048       750     662
  DuBois Hospital Authority Health, Hospital, Nursing Home Revenue 4.000%  7/15/2050        75      56
  Erie Higher Education Building Authority College & University Revenue (Gannon University Project - AICUP Financing Program) 4.000%   5/1/2036       100      96
5 Gateway School District Alleghany County GO 3.000% 10/15/2040       700     614
  Huntingdon County General Authority College & University Revenue (AICUP Financing Program - Juniata College Project) 3.500%   5/1/2041       520     425
  Lancaster County PA Hospital Authority Health, Hospital, Nursing Home Revenue 5.000%  8/15/2042       150     151
  Lehigh County General Purpose Authority Health, Hospital, Nursing Home Revenue 3.250%  11/1/2041       375     314
  Lehigh County General Purpose Authority Health, Hospital, Nursing Home Revenue 4.000%  11/1/2041        60      55
  Lehigh County General Purpose Authority Health, Hospital, Nursing Home Revenue 4.000%  11/1/2046       275     235
  Lehigh County General Purpose Authority Health, Hospital, Nursing Home Revenue 4.000%  11/1/2051        50      41
  Montgomery County Higher Education & Health Authority Health, Hospital, Nursing Home Revenue 3.000%  10/1/2027       185     179
  Montgomery County Higher Education & Health Authority Health, Hospital, Nursing Home Revenue 5.000%  12/1/2037     2,735   2,778
  Montgomery County Higher Education & Health Authority Health, Hospital, Nursing Home Revenue 4.000%  12/1/2048        50      42
5 Montgomery County Higher Education & Health Authority Health, Hospital, Nursing Home Revenue 3.250%   5/1/2055     1,000     726
  Montgomery County Higher Education & Health Authority Health, Hospital, Nursing Home Revenue (Thomas Jefferson University Project) 5.000%   9/1/2033       195     208
2 Montgomery County Higher Education & Health Authority Health, Hospital, Nursing Home Revenue (Thomas Jefferson University Project) 4.000%   9/1/2044       860     807
  Montgomery County Higher Education & Health Authority Private Schools Revenue (Hill School Project) 3.500%  8/15/2046       115      94
  Montgomery County PA IDA Industrial Revenue 4.100%   6/1/2029       200     209
  Montgomery County PA IDA Private Schools Revenue (Haverford School Project) 4.000%   3/1/2049       370     318
  Northampton County General Purpose Authority College & University Revenue 5.000%  10/1/2031       540     546
  Northampton County General Purpose Authority Health, Hospital, Nursing Home Revenue 3.125%  8/15/2035       245     237
  Northeastern Pennsylvania Hospital & Education Authority College & University Revenue (Kings College Project) 3.250%   5/1/2035        80      73
  Pennsylvania Economic Development Financing Authority College & University Revenue (Villanova University Project) 5.000%   8/1/2049       345     361
  Pennsylvania Economic Development Financing Authority Electric Power & Light Revenue PUT 5.250%   6/1/2027       100     101
  Pennsylvania Economic Development Financing Authority Health, Hospital, Nursing Home Revenue 5.000%  3/15/2031       500     507
  Pennsylvania Economic Development Financing Authority Health, Hospital, Nursing Home Revenue 5.000%  5/15/2034       160     180
  Pennsylvania Economic Development Financing Authority Health, Hospital, Nursing Home Revenue 5.000%  5/15/2036       695     771
2 Pennsylvania Economic Development Financing Authority Health, Hospital, Nursing Home Revenue 3.000% 10/15/2046       810     616
  Pennsylvania Economic Development Financing Authority Health, Hospital, Nursing Home Revenue 3.500%  4/15/2050       250     197
  Pennsylvania Higher Educational Facilities Authority College & University Revenue 3.250%  11/1/2030        70      68
  Pennsylvania Higher Educational Facilities Authority College & University Revenue 5.000%   5/1/2034       500     501
  Pennsylvania Higher Educational Facilities Authority College & University Revenue 3.000%   5/1/2037       535     472
  Pennsylvania Higher Educational Facilities Authority College & University Revenue 4.000%  11/1/2039       100      94
  Pennsylvania Higher Educational Facilities Authority College & University Revenue 5.000%   5/1/2041       775     781
  Pennsylvania Higher Educational Facilities Authority College & University Revenue, ETM 3.000%  6/15/2045        70      59
  Pennsylvania Higher Educational Facilities Authority Health, Hospital, Nursing Home Revenue 3.000%  8/15/2047       140     110
2 Pennsylvania Higher Educational Facilities Authority Health, Hospital, Nursing Home Revenue 4.250%  11/1/2051       150     139
  Pennsylvania Housing Finance Agency Local or Guaranteed Housing Revenue 2.900%  10/1/2037       200     185
  Pennsylvania Housing Finance Agency Local or Guaranteed Housing Revenue 3.200%   4/1/2040       120     110
  Pennsylvania Housing Finance Agency Local or Guaranteed Housing Revenue 5.000%  10/1/2052       100     104
  Pennsylvania Housing Finance Agency Local or Guaranteed Housing Revenue 5.500%  10/1/2053       175     186
  Pennsylvania Housing Finance Agency Local or Guaranteed Housing Revenue 6.000%  10/1/2054       100     109
  Pennsylvania Housing Finance Agency Local or Guaranteed Housing Revenue 6.250%  10/1/2055     1,260   1,447
  Pennsylvania Housing Finance Agency Local or Guaranteed Housing Revenue 6.500%  10/1/2055       345     399
  Pennsylvania Turnpike Commission Highway Revenue 5.000%  12/1/2042     3,650   3,736
  Pennsylvania Turnpike Commission Highway Revenue 5.000%  12/1/2043     2,500   2,591
  Pennsylvania Turnpike Commission Highway Revenue 5.000%  12/1/2044       465     484
5 Pennsylvania Turnpike Commission Highway Revenue 5.000%  12/1/2044     1,715   1,789
  Pennsylvania Turnpike Commission Highway Revenue 5.000%  12/1/2050     1,040   1,069
  Pennsylvania Turnpike Commission Oil Franchise Tax & Business License Fees Revenue 5.250%  12/1/2050       200     212
  Pennsylvania Turnpike Commission Oil Franchise Tax & Business License Fees Revenue 4.000%  12/1/2051       100      90
  Philadelphia IDA Health, Hospital, Nursing Home Revenue 5.000%   6/1/2040       645     657
  Philadelphia IDA Health, Hospital, Nursing Home Revenue 6.000%   6/1/2045       180     189
  Philadelphia IDA Health, Hospital, Nursing Home Revenue 5.000%   9/1/2047        50      50
  Philadelphia IDA Health, Hospital, Nursing Home Revenue 5.750%   6/1/2050       725     730
  Philadelphia IDA Health, Hospital, Nursing Home Revenue 6.250%   6/1/2055       225     234
2 Philadelphia PA Water & Wastewater Water Revenue 5.000%   9/1/2039       120     136
2 Pittsburgh Water & Sewer Authority Water Revenue 5.000%   9/1/2026        75      76
4 Pittsburgh Water & Sewer Authority Water Revenue 0.000%   9/1/2029       250     226
3 Quakertown General Authority Special Assessment Revenue (Milford Village Project) 6.500%   3/1/2055       200     205
    Coupon Maturity
Date 		Face
Amount
($000) 		Market
Value
($000)
  School District of Philadelphia GO 5.000%   9/1/2030       100     101
4 School District of Philadelphia GO 5.000%   6/1/2034       925   1,061
  Scranton-Lackawanna Health & Welfare Authority College & University Revenue 5.000%  11/1/2031        70      70
  Scranton-Lackawanna Health & Welfare Authority College & University Revenue 5.000%  11/1/2032       330     371
  Scranton-Lackawanna Health & Welfare Authority College & University Revenue 5.000%  11/1/2033       250     283
  Scranton-Lackawanna Health & Welfare Authority College & University Revenue 5.000%  11/1/2034       390     445
  Southeastern Pennsylvania Transportation Authority Sales Tax Revenue (Asset Improvement Program) 5.000%   6/1/2038     1,000   1,108
  Southeastern Pennsylvania Transportation Authority Sales Tax Revenue (Asset Improvement Program) 5.250%   6/1/2047       100     105
2 State Public School Building Authority Lease (Non-Terminable) Revenue (School District Philadelphia Project) 5.000%   6/1/2029        55      59
  Union County Hospital Authority Health, Hospital, Nursing Home Revenue 5.000%   8/1/2038        55      57
  Westmoreland County PA IDA Health, Hospital, Nursing Home Revenue (Excela Health Project) 4.000%   7/1/2037        50      49
                                    44,161
Puerto Rico (0.9%)
  Commonwealth of Puerto Rico GO 5.625%   7/1/2027       500     511
  Commonwealth of Puerto Rico GO 5.750%   7/1/2031       100     110
  Commonwealth of Puerto Rico GO 4.000%   7/1/2033       148     149
  Commonwealth of Puerto Rico GO 4.000%   7/1/2035     2,691   2,703
  Commonwealth of Puerto Rico GO 4.000%   7/1/2041     1,500   1,408
4 Puerto Rico Electric Power Authority Electric Power & Light Revenue 5.250%   7/1/2034       825     837
  Puerto Rico Industrial Tourist Educational Medical & Environmental Control Facilities Financing Authority Health, Hospital, Nursing Home Revenue 5.000%   7/1/2031       200     217
  Puerto Rico Industrial Tourist Educational Medical & Environmental Control Facilities Financing Authority Health, Hospital, Nursing Home Revenue 4.000%   7/1/2036       170     167
  Puerto Rico Industrial Tourist Educational Medical & Environmental Control Facilities Financing Authority Health, Hospital, Nursing Home Revenue 4.000%   7/1/2038       125     121
  Puerto Rico Industrial Tourist Educational Medical & Environmental Control Facilities Financing Authority Health, Hospital, Nursing Home Revenue 4.000%   7/1/2041        55      50
  Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue 0.000%   7/1/2029       259     232
  Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue 0.000%   7/1/2031       190     157
  Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue 0.000%   7/1/2033        54      41
  Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue 4.329%   7/1/2040     1,000     994
  Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue 4.329%   7/1/2040       176     175
  Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue 0.000%   7/1/2051     1,696     430
  Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue 4.536%   7/1/2053       271     250
                                     8,552
Rhode Island (0.7%)
  Rhode Island Commerce Corp. Appropriations Revenue 5.000%  5/15/2033       230     251
  Rhode Island Commerce Corp. Appropriations Revenue 5.000%  5/15/2035       300     325
  Rhode Island Commerce Corp. Government Fund/Grant Revenue 5.000%  6/15/2026       165     166
  Rhode Island Health & Educational Building Corp. College & University Revenue 5.000%   6/1/2038       400     443
  Rhode Island Health & Educational Building Corp. Health, Hospital, Nursing Home Revenue 5.000%  5/15/2028       370     372
  Rhode Island Health & Educational Building Corp. Health, Hospital, Nursing Home Revenue 5.000%  5/15/2031       795     798
1 Rhode Island Health & Educational Building Corp. Health, Hospital, Nursing Home Revenue 5.000%  5/15/2031       100     110
  Rhode Island Health & Educational Building Corp. Health, Hospital, Nursing Home Revenue 5.000%  5/15/2032     1,150   1,154
2 Rhode Island Health & Educational Building Corp. Local or Guaranteed Housing Revenue (RI Properties LLC Program) 5.000%   7/1/2060     1,000     994
2 Rhode Island Health & Educational Building Corp. Local or Guaranteed Housing Revenue (RI Properties LLC Program) 5.000%   7/1/2065     1,250   1,231
7 Rhode Island Housing & Mortgage Finance Corp. Local or Guaranteed Housing Revenue 3.200%  10/1/2049       140     110
  Rhode Island Housing & Mortgage Finance Corp. Local or Guaranteed Housing Revenue 3.000%  10/1/2051       205     203
  Rhode Island Housing & Mortgage Finance Corp. Local or Guaranteed Housing Revenue 6.250%  10/1/2055       310     351
                                     6,508
South Carolina (1.4%)
  Charleston SC Housing Authority Local or Guaranteed Housing Revenue 4.500%   9/1/2035       100     102
  Lancaster County Public Facilities Corp. Intergovernmental Agreement Revenue (Lancaster County Project) 5.000%   6/1/2038     1,095   1,178
  Lexington County SC School District No. 1 GO 3.500%   2/1/2029       400     400
7 Medical University Hospital Authority Health, Hospital, Nursing Home Revenue (Indian Land Project) 5.000% 11/15/2035     1,500   1,658
7 Medical University Hospital Authority Health, Hospital, Nursing Home Revenue (Indian Land Project) 5.250% 11/15/2045     1,400   1,472
  Patriots Energy Group Financing Agency Natural Gas Revenue PUT 5.250%   3/1/2031       275     297
  Patriots Energy Group Natural Gas Revenue 2.250%   6/1/2041        55      40
  South Carolina Jobs-Economic Development Authority College & University Revenue 5.625%   9/1/2050       100     101
  South Carolina Jobs-Economic Development Authority College & University Revenue 5.750%   9/1/2055       100     101
  South Carolina Jobs-Economic Development Authority Health, Hospital, Nursing Home Revenue 5.250% 11/15/2028       150     150
  South Carolina Jobs-Economic Development Authority Health, Hospital, Nursing Home Revenue 5.000%   5/1/2034       420     440
  South Carolina Jobs-Economic Development Authority Health, Hospital, Nursing Home Revenue 5.000%  11/1/2035       645     740
  South Carolina Jobs-Economic Development Authority Health, Hospital, Nursing Home Revenue 5.000%   5/1/2038       135     140
  South Carolina Jobs-Economic Development Authority Health, Hospital, Nursing Home Revenue 5.250%  11/1/2042       100     111
  South Carolina Jobs-Economic Development Authority Health, Hospital, Nursing Home Revenue 5.000%   5/1/2043       155     158
  South Carolina Jobs-Economic Development Authority Health, Hospital, Nursing Home Revenue PUT 5.000%  11/1/2030       295     324
    Coupon Maturity
Date 		Face
Amount
($000) 		Market
Value
($000)
  South Carolina Jobs-Economic Development Authority Local or Guaranteed Housing Revenue (Sixteenth Floor Obligated Group Projects) 4.000%  12/1/2035     1,455   1,462
  South Carolina Public Service Authority Electric Power & Light Revenue 4.000%  12/1/2043       540     523
  South Carolina Public Service Authority Electric Power & Light Revenue 4.000%  12/1/2043       585     566
  South Carolina Public Service Authority Electric Power & Light Revenue 5.000%  12/1/2043        30      31
  South Carolina Public Service Authority Electric Power & Light Revenue 4.000%  12/1/2047       185     168
  South Carolina Public Service Authority Electric Power & Light Revenue 5.250%  12/1/2054        65      67
  South Carolina Public Service Authority Nuclear Revenue 5.000%  12/1/2028        20      20
  South Carolina Public Service Authority Nuclear Revenue 5.000%  12/1/2030       235     237
  South Carolina Public Service Authority Nuclear Revenue 5.000%  12/1/2031       100     102
  South Carolina Public Service Authority Nuclear Revenue 3.125%  12/1/2032        25      25
  South Carolina Public Service Authority Nuclear Revenue 5.000%  12/1/2032         5       5
  South Carolina Public Service Authority Nuclear Revenue 4.000%  12/1/2045        15      14
  South Carolina Public Service Authority Water Revenue 5.000%  12/1/2055       100     102
  South Carolina State Housing Finance & Development Authority Local or Guaranteed Housing Revenue 5.000%   1/1/2055     1,500   1,504
  South Carolina State Housing Finance & Development Authority Local or Guaranteed Housing Revenue PUT 3.150%  11/1/2028       100     101
  South Carolina State Housing Finance & Development Authority Local or Guaranteed Housing Revenue PUT 3.250%   2/1/2030       245     247
  Spartanburg County SC School District No. 3 GO 2.000%   3/1/2044        50      34
  Sumter SC Waterworks & Sewer System Water Revenue 5.000%  12/1/2039       440     441
                                    13,061
South Dakota (0.7%)
  South Dakota Health & Educational Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%   7/1/2043       200     216
1 South Dakota Health & Educational Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%   9/1/2043       100     107
  South Dakota Health & Educational Facilities Authority Health, Hospital, Nursing Home Revenue 4.000%   7/1/2044     1,500   1,399
1 South Dakota Health & Educational Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%   9/1/2044       145     154
1 South Dakota Health & Educational Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%   9/1/2045       115     121
1 South Dakota Health & Educational Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%   9/1/2046       110     114
  South Dakota Health & Educational Facilities Authority Health, Hospital, Nursing Home Revenue PUT 5.000%  11/1/2029       135     145
  South Dakota Health & Educational Facilities Authority Health, Hospital, Nursing Home Revenue PUT 5.000%  11/1/2032       240     267
  South Dakota Housing Development Authority Local or Guaranteed Housing Revenue 4.000%  11/1/2048        70      70
  South Dakota Housing Development Authority Local or Guaranteed Housing Revenue 6.500%  11/1/2055       300     344
  South Dakota Housing Development Authority Local or Guaranteed Housing Revenue 6.250%   5/1/2056     3,000   3,450
1 South Dakota Housing Development Authority Local or Guaranteed Housing Revenue 6.000%  11/1/2056       155     177
                                     6,564
Tennessee (1.3%)
  Douglas County Housing Authority Local or Guaranteed Housing Revenue 5.100%   7/1/2044     1,000   1,066
  Greeneville Health & Educational Facilities Board Health, Hospital, Nursing Home Revenue 4.000%   7/1/2040       405     396
  Johnson City Health & Educational Facilities Board Health, Hospital, Nursing Home Revenue 5.000%   7/1/2032       125     140
  Knox County Health Educational & Housing Facility Board Health, Hospital, Nursing Home Revenue 5.000%   4/1/2027       700     713
  Knox County Health Educational & Housing Facility Board Health, Hospital, Nursing Home Revenue 4.000%   4/1/2036     1,000     950
  Knox County Health Educational & Housing Facility Board Health, Hospital, Nursing Home Revenue 5.000%   4/1/2036       170     172
3 Knoxville Industrial Development Board Local or Guaranteed Housing Revenue (Maplehurst Park Apartments Project) 4.250%  11/1/2030       485     486
  Memphis TN Memphis Light Gas & Water Division Gas Natural Gas Revenue 5.000%  12/1/2032       115     128
  Memphis TN Sanitary Sewerage System Sewer Revenue 5.000%  10/1/2039        85      91
  Metropolitan Government Nashville & Davidson County Health & Educational Facilities Board College & University Revenue (Lipscomb University Project) 5.000%  10/1/2037       430     436
  Metropolitan Government Nashville & Davidson County Health & Educational Facilities Board College & University Revenue (Lipscomb University Project) 4.000%  10/1/2049       105      85
  Metropolitan Government Nashville & Davidson County Health & Educational Facilities Board College & University Revenue (Trevecca Nazarene University Project) 4.000%  10/1/2041        50      45
  Metropolitan Government Nashville & Davidson County Health & Educational Facilities Board Health, Hospital, Nursing Home Revenue 5.000%   7/1/2031       300     303
  Metropolitan Government Nashville & Davidson County Health & Educational Facilities Board Health, Hospital, Nursing Home Revenue 5.000%   7/1/2040       520     523
  Metropolitan Government Nashville & Davidson County Health & Educational Facilities Board Local or Guaranteed Housing Revenue PUT 3.350%  12/1/2026       125     125
  Oak Ridge Housing Authority Local or Guaranteed Housing Revenue PUT 3.200%  12/1/2028       240     241
  Pigeon Forge TN GO 4.000%   6/1/2050       955     883
  Pigeon Forge TN GO 4.000%   6/1/2053       925     842
  Rutherford County Health & Educational Facilities Board Health, Hospital, Nursing Home Revenue PUT 5.000% 11/15/2030       155     170
  Shelby County Health Educational & Housing Facilities Board Health, Hospital, Nursing Home Revenue PUT 5.000%   9/1/2030       100     108
  Tennergy Corp. TN Natural Gas Revenue PUT 4.000%   9/1/2028       485     494
  Tennergy Corp. TN Natural Gas Revenue PUT 5.000%  12/1/2029       205     217
  Tennergy Corp. TN Natural Gas Revenue PUT 5.500%  12/1/2030       100     107
  Tennessee Energy Acquisition Corp. Natural Gas Revenue 5.000%   2/1/2027     1,350   1,366
  Tennessee Energy Acquisition Corp. Natural Gas Revenue 5.000%  12/1/2035     1,420   1,529
  Tennessee Energy Acquisition Corp. Natural Gas Revenue (Gas Project) PUT 5.000%   5/1/2028       850     881
  Tennessee Energy Acquisition Corp. Natural Gas Revenue PUT 5.000%  11/1/2031       150     161
  Tennessee Housing Development Agency Local or Guaranteed Housing Revenue 3.500%   7/1/2050        60      60
    Coupon Maturity
Date 		Face
Amount
($000) 		Market
Value
($000)
  Tennessee Housing Development Agency Local or Guaranteed Housing Revenue 3.750%   7/1/2052        35      35
                                    12,753
Texas (11.3%)
  Alamo Community College District GO 5.000%  8/15/2041       550     610
  Alamo Community College District GO 5.000%  8/15/2042     1,000   1,097
  Alamo Community College District GO 5.000%  8/15/2043       390     424
12 Alamo Heights Independent School District GO 4.000%   2/1/2051       500     456
12 Aldine Independent School District GO 5.000%  2/15/2038       210     238
12 Allen Independent School District GO 4.625%  2/15/2048       100     102
  Amarillo TX Waterworks & Sewer System Water Revenue 3.250%   4/1/2037       155     155
12 Argyle Independent School District GO PUT 4.000%  8/15/2028       115     119
3 Arlington Higher Education Finance Corp. Charter School Aid Revenue 5.750%  6/15/2055     1,500   1,514
  Arlington TX Water & Wastewater System Water Revenue 4.000%   6/1/2026       100     100
2 Aubrey TX GO 4.000%  2/15/2049       350     313
3 Aubrey TX Special Assessment Revenue 5.625% 12/31/2055       100      99
  Austin TX Electric Utility Electric Power & Light Revenue 5.000% 11/15/2042       205     228
  Austin TX Electric Utility Electric Power & Light Revenue 5.000% 11/15/2043       280     308
  Austin TX Water & Wastewater System Water Revenue 5.000% 11/15/2050       500     514
5 Bastrop TX GO 4.000%   8/1/2049       300     276
5 Bell County Municipal Utility District No. 1 GO 6.000%   9/1/2031        80      92
  Bexar County Hospital District GO 5.000%  2/15/2033       830     850
  Board of Regents of the University of Texas System College & University Revenue 5.000%  8/15/2032        80      87
  Board of Regents of the University of Texas System College & University Revenue 3.500%  8/15/2050       400     331
  Brazoria County Toll Road Authority Intergovernmental Agreement Revenue PUT 3.750%   9/1/2026        70      70
2 Brownsville TX Utilities System Water Revenue 5.250%   9/1/2050     1,500   1,582
2 Brownsville TX Utilities System Water Revenue 5.250%   9/1/2055     1,500   1,568
  Buda TX GO 5.000%  8/15/2033       100     112
3 Buda TX Special Assessment Revenue 6.000%   9/1/2055       100      98
3 Buda TX Special Assessment Revenue 6.750%   9/1/2055       100      98
3 Celina TX Special Assessment Revenue 4.000%   9/1/2051     1,000     796
  Central Texas Regional Mobility Authority Highway Revenue 5.000%   1/1/2038        75      81
  Central Texas Regional Mobility Authority Highway Revenue 5.000%   1/1/2045       130     134
  Central Texas Regional Mobility Authority Highway Revenue 4.000%   1/1/2050       750     665
  Chambers County TX GO 4.000%   3/1/2054     1,160   1,034
12 Cleburne Independent School District GO 5.000%  2/15/2033       405     406
12 Cleburne Independent School District GO 3.000%  2/15/2035       100     100
  Colony TX GO 4.000%  8/15/2044       235     232
  Colony TX GO 4.000%  8/15/2045       330     321
  Comal County TX GO 4.000%   9/1/2047       270     259
12 Comal Independent School District GO 5.000%   2/1/2037     1,500   1,500
12 Conroe Independent School District GO 4.000%  2/15/2050       250     232
12 Cypress-Fairbanks Independent School District GO 5.000%  2/15/2034       225     254
  Dallas Area Rapid Transit Sales Tax Revenue 5.000%  12/1/2030       100     110
  Dallas Area Rapid Transit Sales Tax Revenue 3.000%  12/1/2047       975     734
  Dallas Area Rapid Transit Sales Tax Revenue 4.000%  12/1/2051     2,000   1,807
  Dallas Metrocare Services Intergovernmental Agreement Revenue 5.250%  11/1/2050     1,000   1,046
  Dallas Metrocare Services Intergovernmental Agreement Revenue 5.250%  11/1/2065       650     675
  Dallas TX GO 5.000%  2/15/2028       445     469
  Dallas TX GO 5.000%  2/15/2029       100     108
  Dallas TX GO 5.000%  2/15/2030       225     248
  Dallas TX GO 5.000%  2/15/2030       335     370
  Dallas TX Hotel Occupancy Tax Revenue 4.000%  8/15/2028        50      50
3 Dallas TX Special Tax Revenue (Fair Park Venue Project) PUT 6.250%  8/15/2028       110     110
  Dallas TX Waterworks & Sewer System Water Revenue 5.000%  10/1/2038     1,965   2,124
  Dallas TX Waterworks & Sewer System Water Revenue 4.000%  10/1/2052       200     183
3 Denton County TX Special Assessment Revenue 6.125% 12/31/2055       100     103
12 Dickinson Independent School District GO PUT 3.100%   8/2/2027       110     111
  El Paso TX Water & Sewer Water Revenue 5.000%   3/1/2042        85      90
  El Paso TX Water & Sewer Water Revenue 4.000%   3/1/2050     1,100   1,004
  EP Cimarron Ventanas PFC Local or Guaranteed Housing Revenue (Home Essential Function Housing Program) 4.125%  12/1/2039        50      51
  Fort Bend County Industrial Development Corp. Industrial Revenue 4.750%  11/1/2042        60      60
  Fort Bend County TX GO 3.000%   3/1/2043        50      42
12 Fort Bend Independent School District GO 5.000%  8/15/2030       135     150
  Fort Worth TX Water & Sewer System Water Revenue 3.125%  2/15/2043       250     214
12 Franklin TX Independent School District GO 4.000%  2/15/2028       150     150
  FW Ramble Public Facility Corp. Local or Guaranteed Housing Revenue (Ramble & Rose Project) 4.000%  10/1/2035       860     858
12 Garland Independent School District GO 5.000%  2/15/2038       505     564
  Garland TX Electric Utility System Electric Power & Light Revenue 4.000%   3/1/2046       500     461
    Coupon Maturity
Date 		Face
Amount
($000) 		Market
Value
($000)
2 Garland TX Electric Utility System Electric Power & Light Revenue 4.250%   3/1/2055       175     159
  Grand Parkway Transportation Corp. Highway Revenue 5.500%  10/1/2036       180     193
  Grayson County TX Junior College District GO 4.000%  2/15/2049       470     430
5 Greater Texoma Utility Authority Intergovernmental Agreement Revenue 5.000%  10/1/2055     2,000   2,053
5 Greater Texoma Utility Authority Water Revenue 5.000%  10/1/2035        85      95
  Greater Texoma Utility Authority Water Revenue (Princeton City Project) 3.000%   9/1/2046        50      38
12 Greenwood Independent School District GO 4.000%  2/15/2054       500     455
12 Gregory-Portland TX Independent School District GO 5.000%  2/15/2039       100     110
  Harris County Cultural Education Facilities Finance Corp. College & University Revenue PUT 5.000%  5/15/2032       530     583
6 Harris County Cultural Education Facilities Finance Corp. Health, Hospital, Nursing Home Revenue, SIFMA Municipal Swap Index Yield + 0.850% 3.130%   7/1/2049       115     115
  Harris County Flood Control District GO 4.000%  9/15/2048       500     462
2 Harris County Improvement District No. 14 GO 4.000%   5/1/2034        70      73
5 Harris County Municipal Utility District No. 530 GO 2.250%   9/1/2039        75      58
  Harris County TX Toll Road Highway Revenue 5.000%  8/15/2029       170     186
  Harris County TX Toll Road Highway Revenue 5.000%  8/15/2032        65      68
  Harris County TX Toll Road Highway Revenue 3.000%  8/15/2050       980     733
  Harris County TX Toll Road Highway Revenue 4.000%  8/15/2054        30      27
2 Harris County-Houston Sports Authority Hotel Occupancy Tax Revenue 5.000% 11/15/2035       300     341
  Hays County TX GO 2.750%  2/15/2036        50      47
  Hidalgo County Regional Mobility Authority Highway Revenue 5.000%  12/1/2032       250     271
  Hidalgo County Regional Mobility Authority Highway Revenue 5.000%  12/1/2035       125     133
  Hidalgo County Regional Mobility Authority Highway Revenue 4.000%  12/1/2038       100      97
  Hidalgo County Regional Mobility Authority Highway Revenue 4.000%  12/1/2041       835     796
2 Hidalgo County Regional Mobility Authority Miscellaneous Revenue 3.000%  12/1/2045     1,155     912
  Hidalgo County TX GO 5.000%  8/15/2031        70      75
  Hidalgo County TX GO 5.000%  8/15/2050       115     120
  Housing TX Options Inc. Local or Guaranteed Housing Revenue PUT 3.750%  11/1/2028       215     219
  Houston Higher Education Finance Corp. College & University Revenue (Rice University Project) 5.000%  5/15/2034       415     488
  Houston TX Combined Utility System Water Revenue 5.000% 11/15/2042       900     922
  Houston TX Combined Utility System Water Revenue 4.000% 11/15/2051       115     103
  Houston TX GO 5.000%   3/1/2038       140     157
  Houston TX GO 5.000%   3/1/2038       270     306
  Houston TX GO 5.000%   3/1/2038        50      51
  Houston TX GO 5.250%   3/1/2039       365     411
2 Huntsville TX GO 5.000%  2/15/2052     1,505   1,558
12 Jarrell Independent School District GO 4.000%  2/15/2054     1,000     905
2 Kyle TX GO 5.000%  8/15/2050     1,000   1,033
  Lake Houston Redevelopment Authority Intergovernmental Agreement Revenue 3.000%   9/1/2038       100      87
  Laredo TX GO 5.000%  2/15/2040       100     111
  Laredo TX Waterworks & Sewer System Water Revenue 4.000%   3/1/2049       800     719
  Las Varas Public Facility Corp. Local or Guaranteed Housing Revenue 4.250%  10/1/2035       115     116
3 Lavon TX Special Assessment Revenue 4.125%  9/15/2052       200     162
12 Lewisville Independent School District GO 5.000%  8/15/2038        55      62
12 Liberty Hill Independent School District GO 5.000%   2/1/2058     1,500   1,548
  Lower Colorado River Authority Electric Power & Light Revenue PUT 5.000%  5/15/2032     1,680   1,877
  Lower Colorado River Authority Intergovernmental Agreement Revenue 3.000%  5/15/2038        50      46
  Lower Colorado River Authority Intergovernmental Agreement Revenue 5.000%  5/15/2042       975   1,060
  Lower Colorado River Authority Intergovernmental Agreement Revenue 4.000%  5/15/2049       650     573
  Lower Colorado River Authority Intergovernmental Agreement Revenue 5.000%  5/15/2050       250     257
  Lower Colorado River Authority Intergovernmental Agreement Revenue 5.000%  5/15/2051       195     198
  Lower Colorado River Authority Intergovernmental Agreement Revenue 5.000%  5/15/2055       180     183
1 Lubbock Housing Finance Corp. Local or Guaranteed Housing Revenue PUT 2.800%   3/1/2028       100     100
12 Lumberton Independent School District GO 3.000%  2/15/2045       200     162
  Manor Housing Public Facility Corp. Local or Guaranteed Housing Revenue PUT 3.400%   5/1/2028       500     505
11 Matagorda County Navigation District No. 1 Resource Recovery Revenue 4.400%   5/1/2030       865     908
1,12 Medina Valley Independent School District GO PUT 2.850%  2/15/2029       220     220
12 Midway Independent School District/McLennan County GO 3.000%  8/15/2037       275     258
12 Mount Vernon Independent School District GO 5.000%  8/15/2042       150     161
12 Navarro Independent School District GO PUT 4.000%  2/15/2028       160     165
  New Braunfels TX Utility System Electric Power & Light Revenue 4.000%   7/1/2055       350     313
  New Hope Cultural Education Facilities Finance Corp. Health, Hospital, Nursing Home Revenue 4.000%  8/15/2034       615     623
  New Hope Cultural Education Facilities Finance Corp. Health, Hospital, Nursing Home Revenue 5.500%  8/15/2049       525     570
  New Hope Cultural Education Facilities Finance Corp. Health, Hospital, Nursing Home Revenue 5.000%  8/15/2052     1,000   1,025
3 New Hope Cultural Education Facilities Finance Corp. Health, Hospital, Nursing Home Revenue 6.500%   7/1/2056       240     236
  New Hope Cultural Education Facilities Finance Corp. Health, Hospital, Nursing Home Revenue (Legacy Midtown Park Project) 6.750%   7/1/2044       100     103
  New Hope Cultural Education Facilities Finance Corp. Local or Guaranteed Housing Revenue 6.500%  10/1/2055       100     103
  Nortex Housing Finance Corp. Local or Guaranteed Housing Revenue PUT 2.875%  10/1/2027       225     225
  North East Texas Regional Mobility Authority Highway Revenue 5.000%   1/1/2043        65      68
    Coupon Maturity
Date 		Face
Amount
($000) 		Market
Value
($000)
12 North East TX Independent School District GO 4.000%   8/1/2052       100      91
  North Harris County Regional Water Authority Water Revenue 5.000% 12/15/2029        40      41
2 North Texas Municipal Water District Intergovernmental Agreement Revenue 5.000%   6/1/2041        55      60
  North Texas Tollway Authority Highway Revenue 5.000%   1/1/2034       835     871
  North Texas Tollway Authority Highway Revenue 5.000%   1/1/2043       820     842
  North Texas Tollway Authority Highway Revenue 5.000%   1/1/2043     6,000   6,070
12 Northside Independent School District GO PUT 2.000%   6/1/2027       500     496
12 Northwest Independent School District GO 5.000%  2/15/2034       205     235
  Permanent University Fund - University of Texas System College & University Revenue 5.000%   7/1/2040       380     421
  Plano Independent School District GO 5.000%  2/15/2035       260     295
  Plano Independent School District GO 5.000%  2/15/2036       230     259
  Plano Independent School District GO 5.000%  2/15/2042     1,000   1,078
  Plano TX GO 2.000%   9/1/2038       900     729
12 Prosper Independent School District GO 3.000%  2/15/2041       100      90
12 Round Rock Independent School District GO PUT 5.000%   8/1/2030       845     937
  San Antonio TX Electric & Gas Systems Electric Power & Light Revenue 5.000%   2/1/2027       135     139
  San Antonio TX Electric & Gas Systems Electric Power & Light Revenue 5.000%   2/1/2031        40      40
  San Antonio TX Electric & Gas Systems Electric Power & Light Revenue 5.000%   2/1/2034       120     130
  San Antonio TX Electric & Gas Systems Electric Power & Light Revenue 5.000%   2/1/2038       280     316
  San Antonio TX Electric & Gas Systems Electric Power & Light Revenue 5.000%   2/1/2042     1,555   1,576
  San Antonio TX Electric & Gas Systems Electric Power & Light Revenue 5.000%   2/1/2045       145     150
  San Antonio TX Electric & Gas Systems Electric Power & Light Revenue 5.000%   2/1/2046       180     185
  San Antonio TX Electric & Gas Systems Electric Power & Light Revenue PUT 3.650%  12/1/2026       105     105
  San Antonio TX Electric & Gas Systems Electric Power & Light Revenue PUT 2.000%  12/1/2027       250     246
1 San Antonio TX Electric & Gas Systems Electric Power & Light Revenue PUT 2.900%  12/1/2027       110     110
1 San Antonio TX Electric & Gas Systems Electric Power & Light Revenue PUT 3.000%  12/1/2029       940     942
1 San Antonio TX Electric & Gas Systems Electric Power & Light Revenue PUT 3.150%  12/1/2031       400     403
  Seguin TX GO 5.500%   9/1/2059       250     267
5 Sheldon Independent School District GO 4.000%  2/15/2053       140     129
  Sherman TX GO 5.000%  8/15/2044       620     663
  Smith County TX GO 5.000%  8/15/2043        80      86
12 Spring Branch Independent School District GO 5.000%   2/1/2029       255     275
  Tarrant County College District GO 5.000%  8/15/2038       265     293
  Tarrant County Cultural Education Facilities Finance Corp. Health, Hospital, Nursing Home Revenue 5.000%   7/1/2032       300     319
1 Tarrant County Cultural Education Facilities Finance Corp. Health, Hospital, Nursing Home Revenue 5.000% 11/15/2036       200     234
1 Tarrant County Cultural Education Facilities Finance Corp. Health, Hospital, Nursing Home Revenue 5.000% 11/15/2037       400     464
1 Tarrant County Cultural Education Facilities Finance Corp. Health, Hospital, Nursing Home Revenue 5.000% 11/15/2038       200     230
1 Tarrant County Cultural Education Facilities Finance Corp. Health, Hospital, Nursing Home Revenue 5.000% 11/15/2041       500     563
  Tarrant County Cultural Education Facilities Finance Corp. Health, Hospital, Nursing Home Revenue 5.000%  12/1/2043       610     654
  Tarrant County Cultural Education Facilities Finance Corp. Health, Hospital, Nursing Home Revenue 3.250%  2/15/2047       335     274
  Tarrant County Cultural Education Facilities Finance Corp. Health, Hospital, Nursing Home Revenue 4.000%  10/1/2047     1,020     911
  Tarrant County Cultural Education Facilities Finance Corp. Health, Hospital, Nursing Home Revenue 4.000%   7/1/2053     2,725   2,365
  Tarrant County Cultural Education Facilities Finance Corp. Health, Hospital, Nursing Home Revenue 4.125%  12/1/2054       400     362
  Tarrant County Cultural Education Facilities Finance Corp. Health, Hospital, Nursing Home Revenue PUT 5.000% 11/15/2029       450     488
  Tarrant County Cultural Education Facilities Finance Corp. Health, Hospital, Nursing Home Revenue PUT 5.000% 11/15/2032       170     191
  Tarrant County Cultural Education Facilities Finance Corp. Health, Hospital, Nursing Home Revenue PUT 5.000% 11/15/2032       585     661
  Tarrant County Housing Finance Corp. Local or Guaranteed Housing Revenue PUT 3.600%   2/1/2028       200     203
  Temple College GO 3.000%   7/1/2046       255     196
  Texas A&M University College & University Revenue 5.000%  5/15/2039       240     271
  Texas A&M University College & University Revenue 5.000%  5/15/2042       600     657
  Texas Municipal Gas Acquisition & Supply Corp. III Natural Gas Revenue 5.000% 12/15/2027        65      67
  Texas Municipal Gas Acquisition & Supply Corp. III Natural Gas Revenue 5.000% 12/15/2028       150     158
  Texas Municipal Gas Acquisition & Supply Corp. III Natural Gas Revenue 5.000% 12/15/2030       150     162
  Texas Municipal Gas Acquisition & Supply Corp. III Natural Gas Revenue 5.000% 12/15/2032     1,800   1,960
  Texas Municipal Gas Acquisition & Supply Corp. IV Natural Gas Revenue PUT 5.500%   1/1/2030     6,500   6,940
  Texas Municipal Gas Acquisition & Supply Corp. IV Natural Gas Revenue PUT 5.500%   1/1/2034       125     141
  Texas Municipal Gas Acquisition & Supply Corp. VI Natural Gas Revenue 5.000%   1/1/2036     1,750   1,897
2 Texas Municipal Power Agency Electric Power & Light Revenue 3.000%   9/1/2046       565     435
  Texas Private Activity Bond Surface Transportation Corp. Highway Revenue 4.000%  6/30/2033       100     103
  Texas Transportation Commission GO PUT 0.650%   4/1/2026       130     129
  Texas Transportation Commission State Highway 249 System Highway Revenue 0.000%   8/1/2043       140      60
  Texas Water Development Board Water Revenue 4.000% 10/15/2032       170     171
  Texas Water Development Board Water Revenue 4.000%   8/1/2036       110     115
  Texas Water Development Board Water Revenue 4.000%   8/1/2036       540     559
  Texas Water Development Board Water Revenue 5.000% 10/15/2045       410     410
  Texas Water Development Board Water Revenue 5.000% 10/15/2049       285     298
  Texas Water Development Board Water Revenue 4.000%  4/15/2051       400     362
  Texas Water Development Board Water Revenue 5.000% 10/15/2053       300     304
  Texas Water Development Board Water Revenue 5.000% 10/15/2060     2,050   2,114
  Travis County Healthcare District GO 2.000%   3/1/2037        50      41
    Coupon Maturity
Date 		Face
Amount
($000) 		Market
Value
($000)
  University of Houston College & University Revenue 3.000%  2/15/2047     1,885   1,416
  University of North Texas System College & University Revenue 5.000%  4/15/2032     1,200   1,233
  Waco Educational Finance Corp. College & University Revenue 4.000%   3/1/2046       805     719
  Waco TX GO 4.000%   2/1/2048        75      69
12 Weslaco Independent School District GO 4.125%  2/15/2049       260     248
5 West Harris County Regional Water Authority Water Revenue 3.000% 12/15/2042     1,680   1,424
12 West Rusk County Consolidated Independent School District GO 2.000%  2/15/2039       725     585
12 Ysleta Independent School District GO 4.000%  8/15/2050     2,500   2,314
                                   108,921
Utah (0.9%)
  Central Valley Water Reclamation Facility Sewer Revenue 4.000%   3/1/2045       260     254
  Central Valley Water Reclamation Facility Sewer Revenue 4.000%   3/1/2049       255     236
2 Downtown Revitalization Public Infrastructure District Sales Tax Revenue (SEG Redevelopment Project) 5.500%   6/1/2055     1,000   1,068
  Intermountain Power Agency Electric Power & Light Revenue 5.000%   7/1/2039       600     653
  Intermountain Power Agency Electric Power & Light Revenue 5.000%   7/1/2043     1,320   1,402
3,8,13 Mida Cormont Public Infrastructure District GO, 6.750% coupon rate effective 6/1/2029 0.000%   6/1/2055       600     512
  Morgan County School District (Utah School Bond Guaranty Program) GO 3.000%   8/1/2030     1,245   1,246
  University of Utah College & University Revenue 5.000%   8/1/2046       170     177
  University of Utah College & University Revenue 4.000%   8/1/2051       510     456
  Utah County UT Health, Hospital, Nursing Home Revenue 4.000%  5/15/2043     1,155   1,113
  Utah Housing Corp. Local or Guaranteed Housing Revenue 5.000%  11/1/2043       100     106
  Utah Housing Corp. Local or Guaranteed Housing Revenue 6.500%   7/1/2055       100     112
  Utah Housing Corp. Local or Guaranteed Housing Revenue 6.500%   7/1/2055       150     173
  Utah Housing Corp. Local or Guaranteed Housing Revenue 6.750%   7/1/2055       230     268
  Utah Housing Corp. Local or Guaranteed Housing Revenue PUT 2.950%   4/1/2029       250     250
  Utah Housing Corp. Local or Guaranteed Housing Revenue PUT 3.240%  12/1/2029       100     101
  Utah State University College & University Revenue 2.600%  12/1/2038       100      86
3 Verk Industrial Regional Public Infrastructure District Tax Increment/Allocation Revenue 6.625%   9/1/2047       500     526
3 Wakara Ridge Public Infrastructure District Special Assessment Revenue 5.625%  12/1/2054       100     102
                                     8,841
Vermont (0.1%)
  Vermont Educational & Health Buildings Financing Agency College & University Revenue (Champlain College Project) 5.000% 10/15/2026       100     100
  Vermont Educational & Health Buildings Financing Agency Health, Hospital, Nursing Home Revenue 5.000%  12/1/2035       400     401
  Vermont Housing Finance Agency Local or Guaranteed Housing Revenue 6.000%  11/1/2055       196     219
  Vermont Housing Finance Agency Revenue Local or Guaranteed Housing Revenue 4.950%   1/1/2043       250     271
                                       991
Virginia (0.8%)
  Albemarle County Economic Development Authority Health, Hospital, Nursing Home Revenue 5.000%   6/1/2029       250     267
  Alexandria Redevelopment & Housing Authority Local or Guaranteed Housing Revenue PUT 3.200%   6/1/2027       140     140
  Arlington County IDA Local or Guaranteed Housing Revenue PUT 3.100%   2/1/2027       100     100
6,10 Freddie Mac Multifamily ML Certificates 4.615%  8/25/2041       124     128
10 Freddie Mac Multifamily ML Certificates Local or Guaranteed Housing Revenue 4.686% 10/25/2040       617     627
  Henrico County Economic Development Authority Local or Guaranteed Housing Revenue PUT 3.200%  10/1/2029       705     710
  Henrico County Economic Development Authority Local or Guaranteed Housing Revenue PUT 3.200%  12/1/2029       175     176
  Lynchburg Economic Development Authority Health, Hospital, Nursing Home Revenue 3.000%   1/1/2051     2,000   1,409
  Norfolk VA GO 5.000%   9/1/2039     1,270   1,391
  Virginia College Building Authority Appropriations Revenue 3.000%   2/1/2037       635     625
  Virginia College Building Authority College & University Revenue 5.000%   9/1/2027       310     314
  Virginia College Building Authority College & University Revenue 4.000%   9/1/2051       320     294
  Virginia Commonwealth University Health System Authority Health, Hospital, Nursing Home Revenue 4.000%   7/1/2054       275     245
  Virginia Housing Development Authority Local or Guaranteed Housing Revenue 2.125%   3/1/2036        50      43
  Virginia Housing Development Authority Local or Guaranteed Housing Revenue 3.000%   3/1/2042       170     149
  Virginia Housing Development Authority Local or Guaranteed Housing Revenue 2.550%  12/1/2046       110      77
  Virginia Housing Development Authority Local or Guaranteed Housing Revenue 4.750%   9/1/2060       500     483
  Virginia Resources Authority Lease Revenue 2.000%  11/1/2037        80      64
  Virginia Small Business Financing Authority Health, Hospital, Nursing Home Revenue 5.250%  6/15/2050       205     212
  Virginia Small Business Financing Authority Health, Hospital, Nursing Home Revenue 5.250%  6/15/2055       255     262
  Virginia Small Business Financing Authority Health, Hospital, Nursing Home Revenue PUT 5.000%  6/15/2035       215     243
                                     7,959
Washington (1.3%)
  Auburn School District No. 408 of King & Pierce Counties GO 3.000%  12/1/2038       325     299
  Energy Northwest Nuclear Revenue 5.000%   7/1/2027        50      50
  Energy Northwest Nuclear Revenue 5.000%   7/1/2032       385     409
  Energy Northwest Nuclear Revenue 5.000%   7/1/2038       500     533
  Energy Northwest Nuclear Revenue 5.000%   7/1/2038       290     328
  Energy Northwest Nuclear Revenue 5.000%   7/1/2040       500     541
  Grant County Public Utility District No. 2 Electric Power & Light Revenue 5.000%   1/1/2032        90      94
    Coupon Maturity
Date 		Face
Amount
($000) 		Market
Value
($000)
  King County School District No. 401 Highline GO 5.000%  12/1/2032        50      53
2 Pasco Public Facilities District Sales Tax Revenue 5.000%  11/1/2034       155     179
  Seattle WA Drainage & Wastewater Sewer Revenue 4.000%   4/1/2028       900     902
6 Seattle WA Municipal Light & Power Electric Power & Light Revenue, SIFMA Municipal Swap Index Yield + 0.250% 2.530%   5/1/2045       250     249
1 Snohomish County Housing Authority Local or Guaranteed Housing Revenue (Allegro Apartments Project) 3.750%   4/1/2036     1,010     995
  Snohomish County Public Utility District No. 1 Electric System Electric Power & Light Revenue 5.000%  12/1/2046       340     353
  Spokane County School District No. 81 Spokane GO 5.000%  12/1/2037       305     341
  Spokane WA Water & Wastewater Water Revenue 4.000%  12/1/2030     2,000   2,001
  Washington COP 5.000%   7/1/2043       100     105
  Washington GO 5.000%   2/1/2040       225     246
  Washington GO 5.000%   8/1/2040       200     214
  Washington GO 5.000%   6/1/2043       260     276
  Washington GO 5.000%   2/1/2044       180     187
  Washington GO 5.000%   6/1/2044       100     104
  Washington GO 5.000%   8/1/2044       100     105
  Washington Health Care Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%  8/15/2029        70      73
  Washington Health Care Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%  10/1/2030       620     682
5 Washington Health Care Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%  8/15/2033       650     676
  Washington Health Care Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%  8/15/2034     1,000   1,131
  Washington Health Care Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%  8/15/2037        70      72
  Washington Health Care Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%   8/1/2039       225     236
  Washington Health Care Facilities Authority Health, Hospital, Nursing Home Revenue 4.000%   3/1/2042       200     194
  Washington Health Care Facilities Authority Health, Hospital, Nursing Home Revenue 4.000%  8/15/2042       110     106
2 Washington Health Care Facilities Authority Health, Hospital, Nursing Home Revenue PUT 5.000%  8/15/2030       130     140
  Washington Higher Education Facilities Authority College & University Revenue (Seattle University Project) 5.000%   5/1/2030       125     129
  Washington State Convention Center Public Facilities District Hotel Occupancy Tax Revenue 4.000%   7/1/2043        50      47
  Washington State Convention Center Public Facilities District Hotel Occupancy Tax Revenue 4.000%   7/1/2058       175     143
3 Washington State Housing Finance Commission Local or Guaranteed Housing Revenue 5.750%   7/1/2060       200     201
                                    12,394
West Virginia (0.1%)
  West Virginia Hospital Finance Authority Health, Hospital, Nursing Home Revenue 4.000%   1/1/2038       155     142
  West Virginia Hospital Finance Authority Health, Hospital, Nursing Home Revenue 3.250%   6/1/2039       310     283
  West Virginia Hospital Finance Authority Health, Hospital, Nursing Home Revenue 4.125%   1/1/2047       410     321
  West Virginia Housing Development Fund Local or Guaranteed Housing Revenue PUT 5.000%   4/1/2027       100     103
  West Virginia University College & University Revenue (West Virginia University Project) 5.000%  10/1/2041       135     144
                                       993
Wisconsin (1.6%)
  Milwaukee WI GO 4.000%   4/1/2031       200     202
  Milwaukee WI GO 5.000%  12/1/2033       500     571
  Mukwonago Area School District GO 4.250%   4/1/2045       500     492
3 Public Finance Authority Charter School Aid Revenue 5.750%   6/1/2045       365     363
3 Public Finance Authority Charter School Aid Revenue 4.500%  7/15/2053       100      86
3 Public Finance Authority Charter School Aid Revenue (Cherokee Classical Acadamy Project) 6.000%  6/15/2035       200     209
3 Public Finance Authority Charter School Aid Revenue (Cherokee Classical Acadamy Project) 6.500%  6/15/2045       350     350
  Public Finance Authority College & University Revenue 5.125%   4/1/2052     1,895   1,736
  Public Finance Authority Electric Power & Light Revenue (Duke Energy Progress Project) PUT 3.700%  10/1/2030       160     165
  Public Finance Authority Health, Hospital, Nursing Home Revenue 4.000%   6/1/2040        70      63
  Public Finance Authority Health, Hospital, Nursing Home Revenue (Kahala Nui Project) 5.250% 11/15/2061       100     101
3 Public Finance Authority Intergovernmental Agreement Revenue (Astro Texas Land Projects) 5.000% 12/15/2036        82      82
  Public Finance Authority Intergovernmental Agreement Revenue PUT 4.000%   7/1/2026       930     932
  Public Finance Authority Local or Guaranteed Housing Revenue 5.000%   6/1/2029       115     120
3 Public Finance Authority Local or Guaranteed Housing Revenue 5.000%   7/1/2029        50      52
  Public Finance Authority Local or Guaranteed Housing Revenue 5.000%   6/1/2034        50      52
  Public Finance Authority Local or Guaranteed Housing Revenue 5.500%   6/1/2055       600     606
5 Public Finance Authority Local or Guaranteed Housing Revenue (PRG-Oxford Properties LLC Project) 5.250%   7/1/2055     1,000   1,025
5 Public Finance Authority Local or Guaranteed Housing Revenue (PRG-Oxford Properties LLC Project) 5.250%   7/1/2060     1,000   1,018
5 Public Finance Authority Local or Guaranteed Housing Revenue (PRG-Oxford Properties LLC Project) 5.250%   7/1/2065     1,000   1,014
  Public Finance Authority Local or Guaranteed Housing Revenue PUT 4.500%   7/1/2035       265     279
3 Public Finance Authority Miscellaneous Revenue (Inperium Project) 5.750%  12/1/2054       100     101
2 Racine Unified School District GO 4.000%   4/1/2045       100      96
  Racine Unified School District Miscellaneous Revenue 4.000%   4/1/2030     1,005   1,035
  University of Wisconsin Hospitals & Clinics Health, Hospital, Nursing Home Revenue 4.250%   4/1/2052       565     521
  West Allis West Milwaukee School District GO 3.000%   4/1/2039       200     187
  Wisconsin Health & Educational Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%  2/15/2029       300     319
  Wisconsin Health & Educational Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%  8/15/2030       100     110
  Wisconsin Health & Educational Facilities Authority Health, Hospital, Nursing Home Revenue 5.000% 11/15/2035       180     181
  Wisconsin Health & Educational Facilities Authority Health, Hospital, Nursing Home Revenue 4.000%  8/15/2042       305     295
  Wisconsin Health & Educational Facilities Authority Health, Hospital, Nursing Home Revenue 3.125% 12/15/2044       315     257
    Coupon Maturity
Date 		Face
Amount
($000) 		Market
Value
($000)
1 Wisconsin Health & Educational Facilities Authority Health, Hospital, Nursing Home Revenue 5.000%  12/1/2045       100     104
  Wisconsin Health & Educational Facilities Authority Health, Hospital, Nursing Home Revenue 4.000%  8/15/2048       100      88
  Wisconsin Health & Educational Facilities Authority Health, Hospital, Nursing Home Revenue 3.125% 12/15/2049       145     108
  Wisconsin Health & Educational Facilities Authority Health, Hospital, Nursing Home Revenue 6.000%   7/1/2060       150     151
  Wisconsin Health & Educational Facilities Authority Local or Guaranteed Housing Revenue 4.375%  11/1/2039       100     104
  Wisconsin Housing & Economic Development Authority Home Ownership Local or Guaranteed Housing Revenue 3.750%   3/1/2050       870     873
  Wisconsin Housing & Economic Development Authority Home Ownership Local or Guaranteed Housing Revenue 6.000%   9/1/2054        90      98
  Wisconsin Housing & Economic Development Authority Home Ownership Local or Guaranteed Housing Revenue 6.250%   9/1/2055       155     174
  Wisconsin Housing & Economic Development Authority Housing Local or Guaranteed Housing Revenue 4.875%   5/1/2062       145     142
  Wisconsin Housing & Economic Development Authority Local or Guaranteed Housing Revenue (View at Huxley Yards Project) PUT 5.000%   8/1/2026       465     470
  Wood County WI GO 2.375%  10/1/2041        60      46
                                    14,978
Wyoming (0.1%)
2 University of Wyoming Local or Guaranteed Housing Revenue 4.000%   6/1/2051       800     722
  Wyoming Community Development Authority Local or Guaranteed Housing Revenue 6.250%  12/1/2055       505     568
                                     1,290
Total Tax-Exempt Municipal Bonds (Cost $939,047) 952,649
Taxable Municipal Bonds (0.1%)
Puerto Rico (0.1%)
  Commonwealth of Puerto Rico CVI 0.000%  11/1/2043     1,324     867
  Commonwealth of Puerto Rico CVI 0.000%  11/1/2051        71      47
Total Taxable Municipal Bonds (Cost $848) 914
        Shares  
Temporary Cash Investments (4.1%)
Investment Company (4.1%)
14 Vanguard Municipal Low Duration Fund (Cost $39,250) 2.218%            3,924,966  39,250
Total Investments (103.3%) (Cost $979,145) 992,813
Other Assets and Liabilities—Net (-3.3%) (32,095)
Net Assets (100%) 960,718
Cost is in $000.
1 Includes securities purchased on a when-issued or delayed-delivery basis for which the fund has not taken delivery as of January 31, 2026.
2 Scheduled principal and interest payments are guaranteed by Assured Guaranty Inc.
3 Security exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At January 31, 2026, the aggregate value was $25,756, representing 2.7% of net assets.
4 Scheduled principal and interest payments are guaranteed by National Public Finance Guarantee Corp.
5 Scheduled principal and interest payments are guaranteed by Build America Mutual Assurance Co.
6 Variable-rate security; rate shown is effective rate at period end. Certain variable-rate securities are not based on a published reference rate and spread but are determined by the issuer or agent based on current market conditions.
7 Scheduled principal and interest payments are guaranteed by Federal Housing Authority.
8 Step bond.
9 Scheduled principal and interest payments are guaranteed by Michigan School Board Loan Fund.
10 The issuer was placed under federal conservatorship in September 2008; since that time, its daily operations have been managed by the Federal Housing Finance Agency and it receives capital from the U.S. Treasury, as needed to maintain a positive net worth, in exchange for senior preferred stock.
11 Scheduled principal and interest payments are guaranteed by Ambac Assurance Corp.
12 Scheduled principal and interest payments are guaranteed by Texas Permanent School Fund.
13 Securities with a value of $199 have been segregated as initial margin for open futures contracts.
14 Affiliated short-term municipal bond fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.
  BAN—Bond Anticipation Note.
  COP—Certificate of Participation.
  CVI—Contingent Value Instruments.
  ETM—Escrowed to Maturity.
  GO—General Obligation Bond.
  IDA—Industrial Development Authority Bond.
  PILOT—Payments in Lieu of Taxes.
  Prere.—Prerefunded.
  PUT—Put Option Obligation.
  RAN—Revenue Anticipation Note.
  SIFMA—Securities Industry and Financial Markets Association.
  SOFR—Secured Overnight Financing Rate.
Derivative Financial Instruments Outstanding as of Period End
Futures Contracts
      ($000)
  Expiration Number of
Long (Short)
Contracts 		Notional
Amount 		Value and
Unrealized
Appreciation
(Depreciation)
Short Futures Contracts        
Long U.S. Treasury Bond March 2026 (25) (2,878) (3)
Ultra Long U.S. Treasury Bond March 2026 (17) (1,996) —
        (3)
                 
Over-the-Counter Swaps - Municipal Market Data Rate Locks    
Termination
Date 		Counterparty Notional
Amount
($000) 		Buy/Sell Reference
Index 		Strike
Rate 		Value
($000) 		Unrealized
Appreciation
($000) 		Unrealized
(Depreciation)
($000)
3/10/2026 MSCS 2,000 Buy 10-Year MMD AAA General Obligation Scale 2.900% (33) — (33)
4/28/2026 JPMC 4,750 Buy 5-Year MMD AAA General Obligation Scale 2.400% (5) — (5)
4/28/2026 MSCS 3,600 Buy 5-Year MMD AAA General Obligation Scale 2.390% (2) — (2)
8/20/2026 RBC 240 Buy 5-Year MMD AAA General Obligation Scale 2.790% 3 3 —
8/20/2026 MSCS 140 Buy 5-Year MMD AAA General Obligation Scale 2.840% 2 2 —
            (35) 5 (40)
  JPMC—JPMorgan Chase Bank, N.A.
  MSCS—Morgan Stanley Capital Services LLC.
  RBC—Royal Bank of Canada.
A. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Bonds and other temporary cash investments are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services. Investments in Vanguard Municipal Low Duration Fund are valued at that fund's net asset value. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund’s pricing time but after the close of the securities’ primary markets, are valued by methods deemed by the valuation designee to represent fair value and subject to oversight by the board of trustees.
B. Futures Contracts: The fund uses futures contracts to invest in fixed income asset classes with greater efficiency and lower cost than is possible through direct investment, to add value when these instruments are attractively priced, or to adjust sensitivity to changes in interest rates. The primary risks associated with the use of futures contracts are imperfect correlation between changes in market values of bonds held by the fund and the prices of futures contracts, and the possibility of an illiquid market. Counterparty risk involving futures is mitigated because a regulated clearinghouse is the counterparty instead of the clearing broker. To further mitigate counterparty risk, the fund trades futures contracts on an exchange, monitors the financial strength of its clearing brokers and clearinghouse, and has entered into clearing agreements with its clearing brokers. The clearinghouse imposes initial margin requirements to secure the fund’s performance and requires daily settlement of variation margin representing changes in the market value of each contract. Any securities pledged as initial margin for open contracts are noted in the Schedule of Investments.
Futures contracts are valued at their quoted daily settlement prices. Fluctuations in the value of the contracts are recorded as an asset (liability).
C. MMD Rate Locks: The fund enters into Municipal Market Data (MMD) Rate Lock contracts to lock in a specified municipal interest rate for a portion of the fund to preserve a return on a particular investment or a portion of the fund as a duration management technique or to protect against market interest rate risk for anticipated purchase of municipal bonds. Under the terms of the contracts, both parties agree to make payments to each other on a notional amount, contingent upon whether the reference index rate is above or below a strike rate on the termination date of the contract. The fund may buy (long) an MMD Rate Lock and if the referenced MMD AAA Index is below the strike rate on the termination date, the counterparty will make a payment to the fund. If the MMD AAA Index is above the strike rate on the termination date, the fund will make a payment to the counterparty. The fund may also sell (short) an MMD Rate Lock. The contract terms of a short position will move in the opposite direction as a long position.
The primary risk associated with MMD Rate Locks is that municipal yields will move in the opposite direction than anticipated by a fund, which would cause the fund to make payments to its counterparty in the transaction that could adversely affect the fund’s performance. A risk associated with all types of swaps is the possibility that a counterparty may default on its obligation to pay net amounts due to the fund. The fund’s maximum amount subject to counterparty risk is the unrealized appreciation on the swap contract. The fund mitigates its counterparty risk by entering into swaps only with a diverse group of prequalified counterparties, monitoring their financial strength, entering into master netting arrangements with its counterparties, and requiring its counterparties to transfer collateral as security for their performance. In the absence of a default, the collateral pledged or received by the fund cannot be repledged, resold, or rehypothecated. In the event of a counterparty’s default (including bankruptcy), the fund may terminate any swap contracts with that counterparty, determine the net amount owed by either party in accordance with its master netting arrangements, and sell or retain any collateral held up to the net amount owed to the fund under the master netting arrangements. The swap contracts contain provisions whereby a counterparty may terminate open contracts if the fund’s net assets decline below a certain level, triggering a payment by the fund if the fund is in a net liability position at the time of the termination. The payment amount would be reduced by any collateral the fund has pledged. Any securities pledged as collateral for open contracts are noted in the Schedule of Investments. The value of collateral received or pledged
is compared daily to the value of the swap contracts exposure with each counterparty, and any difference, if in excess of a specified minimum transfer amount, is adjusted and settled within two business days.
MMD Rate Locks are valued daily based on market quotations received from independent pricing services or recognized dealers and the change in value is recorded as an asset (liability) and as unrealized appreciation (depreciation) until the contracts are terminated, at which time realized gain (loss) is recorded.
D. Various inputs may be used to determine the value of the fund’s investments and derivatives. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.
Level 1—Quoted prices in active markets for identical securities.
Level 2—Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine the fair value of investments). Any investments and derivatives valued with significant unobservable inputs are noted on the Schedule of Investments.
The following table summarizes the market value of the fund’s investments and derivatives as of January 31, 2026, based on the inputs used to value them:
  Level 1
($000) 		Level 2
($000) 		Level 3
($000) 		Total
($000)
Investments         
Assets        
Tax-Exempt Municipal Bonds — 952,649 — 952,649
Taxable Municipal Bonds — 914 — 914
Temporary Cash Investments 39,250 — — 39,250
Total 39,250 953,563 — 992,813
Derivative Financial Instruments         
Assets        
Futures Contracts1 — — — —
Swap Contracts — 5 — 5
Total — 5 — 5
Liabilities        
Futures Contracts1 (3) — — (3)
Swap Contracts — (40) — (40)
Total (3) (40) — (43)
1 Includes cumulative appreciation (depreciation) on futures contracts and centrally cleared swaps, if any, as reported in the Schedule of Investments.