|
Principal
Value
|
Description
|
Stated
Coupon
|
Stated
Maturity
|
Value
|
|
|
MUNICIPAL BONDS — 98.7%
|
|||||
|
|
Alabama — 6.5%
|
|
|||
|
$1,500,000
|
Baldwin Cnty AL Indl Dev Auth Sol Wst Disp Rev Var Novelis
Corp Proj, Ser A, AMT (Mandatory put 03/01/33) (a)
|
4.30%
|
03/01/56
|
$1,471,192
|
|
|
1,250,000
|
Baldwin Cnty AL Indl Dev Auth Sol Wst Disp Rev Var Novelis
Corp Proj, Ser B, AMT (Mandatory put 06/01/32) (a)
|
4.63%
|
06/01/55
|
1,260,383
|
|
|
1,035,000
|
Black Belt Energy Gas Dist AL Gas Proj Rev Bonds Proj No 7,
Ser C-1 (Mandatory put 12/01/26)
|
4.00%
|
10/01/52
|
1,039,908
|
|
|
490,000
|
Black Belt Energy Gas Dist AL Gas Proj Rev Proj No 6, Ser B
(Mandatory put 12/01/26)
|
4.00%
|
10/01/52
|
492,352
|
|
|
750,000
|
Black Belt Energy Gas Dist AL Gas Proj Rev, Gas Proj, Ser E
|
5.00%
|
07/01/31
|
788,526
|
|
|
3,240,000
|
Black Belt Energy Gas Dist AL Gas Proj Rev, Gas Proj, Ser F
|
5.00%
|
12/01/31
|
3,440,432
|
|
|
550,000
|
Black Belt Energy Gas Dist AL Gas Proj Rev, Ser B
|
5.00%
|
12/01/30
|
581,037
|
|
|
1,165,000
|
Black Belt Energy Gas Dist AL Gas Proj Rev, Ser C-1
|
5.25%
|
12/01/27
|
1,200,197
|
|
|
1,000,000
|
Black Belt Energy Gas Dist AL Gas Proj Rev, Ser C-1 (Mandatory
put 06/01/29)
|
5.25%
|
02/01/53
|
1,048,027
|
|
|
745,000
|
Black Belt Energy Gas Dist AL Gas Proj Rev, Ser D
|
5.00%
|
11/01/31
|
790,711
|
|
|
3,385,000
|
Black Belt Energy Gas Dist AL Gas Sply Rev Ref, Ser D1
(Mandatory put 06/01/27)
|
4.00%
|
07/01/52
|
3,420,591
|
|
|
1,000,000
|
Black Belt Energy Gas Dist AL Gas Sply Rev, Ser B (Mandatory
put 12/01/30)
|
5.25%
|
12/01/53
|
1,074,917
|
|
|
1,000,000
|
Energy SE AL A Cooperative Dist Energy Sply Rev, Ser B
(Mandatory put 06/01/32)
|
5.25%
|
07/01/54
|
1,068,160
|
|
|
100,000
|
Midcity Impt Dist AL Spl Assmnt Rev
|
3.88%
|
11/01/27
|
98,725
|
|
|
2,500,000
|
Mobile AL Indl Dev Brd Poll Control Rev Var AL Pwr Co Barry
Plant Remk (Mandatory put 03/15/29)
|
2.75%
|
07/15/34
|
2,478,086
|
|
|
2,315,000
|
SE Energy Auth AL Cmdy Sply Rev Proj #1, Ser A (Mandatory put
10/01/28)
|
4.00%
|
11/01/51
|
2,342,301
|
|
|
2,095,000
|
SE Energy Auth AL Cmdy Sply Rev Proj #2, Ser B
|
4.00%
|
06/01/30
|
2,111,761
|
|
|
500,000
|
SE Energy Auth AL Cmdy Sply Rev Proj No 3, Ser A-1
|
5.00%
|
12/01/26
|
504,918
|
|
|
2,210,000
|
SE Energy Auth AL Cooperative Dist Gas Sply Rev, Ser F
|
5.25%
|
11/01/30
|
2,355,034
|
|
|
6,000,000
|
SE Energy Auth AL Cooperative, Ser C (Mandatory put 11/01/32)
|
5.00%
|
10/01/55
|
6,372,370
|
|
|
750,000
|
SE Energy Auth AL Cooperative, Ser E
|
5.00%
|
10/01/29
|
792,027
|
|
|
1,205,000
|
SE Energy Auth AL Cooperative, Ser H
|
5.00%
|
05/01/32
|
1,266,120
|
|
|
480,000
|
SE Energy Auth AL Cooperative, Ser H
|
5.00%
|
05/01/33
|
507,726
|
|
|
2,120,000
|
Selma AL Indl Dev Brd Rev Var Intl Paper Co Proj Ref Remk, Ser
A (Mandatory put 10/01/31)
|
3.45%
|
11/01/33
|
2,114,019
|
|
|
|
|
38,619,520
|
|||
|
|
Arizona — 1.2%
|
|
|||
|
1,340,000
|
AZ Indl Dev Auth Hosp Rev Phoenix Children’s Hosp, Ser A
|
5.00%
|
02/01/35
|
1,424,177
|
|
|
1,025,000
|
AZ St Indl Dev Auth Edu Rev Academies of Math &
Science Projs, Ser B (a)
|
5.00%
|
07/01/29
|
1,029,864
|
|
|
695,000
|
AZ St Indl Dev Auth Edu Rev Doral Acdmy NV Fire Mesa & Red
Rock Cmps Proj, Ser A
|
3.55%
|
07/15/29
|
682,712
|
|
|
740,000
|
AZ St Indl Dev Auth Edu Rev Pinecrest Acdmy Horizon Inspirada
& St Rose Cmps, Ser A (a)
|
5.00%
|
07/15/28
|
741,259
|
|
|
50,000
|
AZ St Indl Dev Auth Edu Rev Ref Basis Schs Projs, Ser A (a)
|
5.00%
|
07/01/26
|
50,045
|
|
|
230,000
|
AZ St Indl Dev Auth Edu Rev Ref Doral Acdmy of Northern NV
Proj, Ser A (a)
|
4.00%
|
07/15/26
|
229,883
|
|
|
430,000
|
AZ St Indl Dev Auth Edu Rev Ref Doral Acdmy of Northern NV
Proj, Ser A (a)
|
4.00%
|
07/15/31
|
427,493
|
|
|
500,000
|
AZ St Indl Dev Auth Natl Chrt Sch Revolving Loan Fd Equitable
Sch Revolving Fund Sustainable Bonds, Ser A
|
4.00%
|
11/01/27
|
500,243
|
|
|
Principal
Value
|
Description
|
Stated
Coupon
|
Stated
Maturity
|
Value
|
|
|
MUNICIPAL BONDS (Continued)
|
|||||
|
|
Arizona (Continued)
|
|
|||
|
$1,250,000
|
Chandler AZ Indl Dev Auth Indl Dev Rev Var Intel Corp Proj, Ser
2022-2, AMT (Mandatory put 09/01/27)
|
5.00%
|
09/01/52
|
$1,265,561
|
|
|
100,000
|
Maricopa Cnty AZ Indl Dev Auth Edu Rev Ref Paradise Schs Projs
Paragon Mgmt Inc (a)
|
4.00%
|
07/01/26
|
99,918
|
|
|
1,000,000
|
Tempe AZ Indl Dev Auth Rev Temps 50 Friendship Vlg of Tempe
Proj, Ser B-2
|
3.50%
|
12/01/30
|
994,174
|
|
|
|
|
7,445,329
|
|||
|
|
Arkansas — 0.8%
|
|
|||
|
2,500,000
|
AR Dev Fin Auth Envrnmntl Rev Var United States Steel Corp
Proj, Ser A, AMT (Mandatory put 03/01/33) (a)
|
4.00%
|
09/01/46
|
2,495,967
|
|
|
2,000,000
|
AR St Dev Fin Auth Res Recovery Rev Var Weyerhaeuser Co Proj,
AMT (Mandatory put 10/15/32)
|
3.88%
|
10/15/65
|
2,001,309
|
|
|
475,000
|
Fayetteville AR Pub Facs Brd Retmnt Facs Rev Butterfield Trail
Vlg Proj
|
5.00%
|
12/01/36
|
513,649
|
|
|
|
|
5,010,925
|
|||
|
|
California — 4.9%
|
|
|||
|
350,000
|
CA Cmnty Choice Fing Auth Clean Energy Proj Rev Sustainable
Bond, Ser A-1 (Mandatory put 08/01/28)
|
4.00%
|
05/01/53
|
354,519
|
|
|
2,000,000
|
CA Cmnty Choice Fing Auth Clean Energy Proj Rev Sustainable
Bond, Ser B-1 (Mandatory put 08/01/31)
|
4.00%
|
02/01/52
|
2,019,801
|
|
|
1,000,000
|
CA Cmnty Choice Fing Auth Clean Energy Proj Rev Sustainable
Bond, Ser B-1 (Mandatory put 08/01/29)
|
5.00%
|
07/01/53
|
1,043,774
|
|
|
910,000
|
CA Cmnty Choice Fing Auth Clean Energy Proj Rev Sustainable
Bond, Ser E (Mandatory put 09/01/32)
|
5.00%
|
02/01/55
|
965,662
|
|
|
1,250,000
|
CA St Hlth Facs Fing Auth Rev Initial Entrance Fees, Ser A
|
3.85%
|
11/15/27
|
1,250,351
|
|
|
1,000,000
|
CA St Muni Fin Auth Sol Wst Disp Rev Var Rep Svcs Inc Proj
Remk, Ser B, AMT (Mandatory put 07/15/26)
|
3.25%
|
07/01/51
|
999,646
|
|
|
1,200,000
|
CA St Muni Fin Auth Sol Wst Disp Rev Var Rep Svcs Inc Proj, Ser
A, AMT (Mandatory put 06/15/26)
|
2.80%
|
03/01/56
|
1,199,208
|
|
|
2,500,000
|
CA St Muni Fin Auth Sol Wst Disp Rev Var Wst Mgmt Inc
Remk, Ser A, AMT (Mandatory put 10/02/28)
|
3.45%
|
10/01/41
|
2,515,175
|
|
|
3,000,000
|
CA St Muni Fin Auth Spl Fac Rev United Airls Inc Proj, AMT
|
4.00%
|
07/15/29
|
3,018,532
|
|
|
750,000
|
CA St Poll Control Fin Auth Sol Wst Disp Rev Var Ref Rep Svcs
Inc Proj Remk, AMT (Mandatory put 08/17/26) (a)
|
2.88%
|
07/01/43
|
748,844
|
|
|
2,000,000
|
CA St Poll Control Fin Auth Sol Wst Disp Rev Var Wst Mgmt Proj
Remk, Ser A, AMT (Mandatory put 07/02/29)
|
4.25%
|
07/01/31
|
2,023,582
|
|
|
235,000
|
CA St Sch Fin Auth Chrt Sch Rev Ref Classical Academies
Oceanside Proj, Ser A (a)
|
4.00%
|
10/01/27
|
235,665
|
|
|
500,000
|
Centrl Vly CA Energy Auth Cmdy Sply Rev
|
5.00%
|
08/01/30
|
526,169
|
|
|
100,000
|
Folsom Ranch CA Fing Auth Spl Tax Rev White Rock Springs
Ranch
|
4.00%
|
09/01/26
|
100,246
|
|
|
475,000
|
Fontana CA Spl Tax Cmnty Facs Dt #109
|
5.00%
|
09/01/30
|
503,915
|
|
|
260,000
|
Fontana CA Spl Tax Cmnty Facs Dt #109
|
5.00%
|
09/01/32
|
279,607
|
|
|
730,000
|
Los Angeles CA Dept of Arpts Arpt Rev Subord Ref, Ser A, AMT
|
5.00%
|
05/15/29
|
776,347
|
|
|
730,000
|
Los Angeles CA Dept of Arpts Arpt Rev Subord Ref, Ser A, AMT
|
5.00%
|
05/15/31
|
772,466
|
|
|
3,000,000
|
Los Angeles CA Dept of Arpts Arpt Rev Subord Ref, Ser A, AMT
|
5.00%
|
05/15/35
|
3,142,415
|
|
|
1,000,000
|
Los Angeles CA Trans
|
5.00%
|
06/25/26
|
1,003,480
|
|
|
500,000
|
Ontario CA Cmnty Facs Dist #64 Spl Tax Sunset Ranch
|
5.00%
|
09/01/30
|
527,142
|
|
|
525,000
|
Ontario CA Cmnty Facs Dist #64 Spl Tax Sunset Ranch
|
5.00%
|
09/01/31
|
557,909
|
|
|
85,000
|
Roseville CA Spl Tax Svsp Westpark Federico Cmnty Facs Dt No 1
|
4.00%
|
09/01/26
|
85,167
|
|
|
Principal
Value
|
Description
|
Stated
Coupon
|
Stated
Maturity
|
Value
|
|
|
MUNICIPAL BONDS (Continued)
|
|||||
|
|
California (Continued)
|
|
|||
|
$2,000,000
|
San Diego Cnty CA Regl Arpt Auth Arpt Rev Sr Priv Activity, Ser
B, AMT
|
5.00%
|
07/01/31
|
$2,186,870
|
|
|
445,000
|
San Diego Cnty CA Regl Arpt Auth Arpt Rev Sub Rev, Ser B,
AMT
|
5.00%
|
07/01/35
|
452,769
|
|
|
80,000
|
San Francisco CA City & Cnty Dev Spl Tax Dist No Mission Rock
Fac and Svcs, Ser A (a)
|
4.00%
|
09/01/26
|
80,160
|
|
|
100,000
|
San Luis Obispo CA Cmnty Facs Dist #2019-1 Spl Tax
|
4.00%
|
09/01/26
|
100,239
|
|
|
2,000,000
|
Univ of CA CA Revs Prerefunded Ltd Proj, Ser K
|
4.00%
|
05/15/46
|
2,001,195
|
|
|
|
|
29,470,855
|
|||
|
|
Colorado — 2.7%
|
|
|||
|
500,000
|
CO St Eductnl & Cultural Facs Auth Rev Ref & Impt Chrt Sch
Univ Lab Bldg Corp (a)
|
5.00%
|
12/15/28
|
500,399
|
|
|
400,000
|
CO St Hlth Facs Auth Rev Commonspirit Hlth Oblig Grp, Ser A
|
5.00%
|
11/01/26
|
404,119
|
|
|
460,000
|
CO St Hlth Facs Auth Rev Ref Christian Living Cmntys Obligated
Grp (b)
|
5.00%
|
01/01/31
|
495,369
|
|
|
565,000
|
CO St Hlth Facs Auth Rev Ref Christian Living Cmntys Obligated
Grp (b)
|
5.00%
|
01/01/32
|
614,289
|
|
|
1,035,000
|
CO St Hlth Facs Auth Rev Ref Commonspirit Hlth, Ser A-2
|
5.00%
|
08/01/31
|
1,092,588
|
|
|
505,000
|
CO St Hlth Facs Auth Rev Ref Covenant Living Cmntys and Svcs
|
5.00%
|
12/01/29
|
531,668
|
|
|
1,000,000
|
CO St Hlth Facs Auth Rev Ref Frasier Meadows Retmnt Cmnty
Proj, Ser A
|
5.25%
|
05/15/30
|
1,017,539
|
|
|
395,000
|
CO St Hlth Facs Auth Rev Ref, Ser A
|
5.00%
|
05/15/30
|
416,912
|
|
|
1,000,000
|
CO St Hlth Facs Auth Rev Var Advent Hlth Obligated Grp, Ser A
(Mandatory put 11/15/30)
|
5.00%
|
11/15/60
|
1,079,514
|
|
|
1,500,000
|
CO St Hlth Facs Auth Rev Var Intermountain Hlthcare,
Ser E (c)
|
3.25%
|
05/15/62
|
1,500,000
|
|
|
2,000,000
|
CO St Hlth Facs Auth Rev Var Ref Intermountain Hlthcare, Ser C
(Mandatory put 08/15/28)
|
5.00%
|
05/15/62
|
2,104,574
|
|
|
1,250,000
|
Denver City & Cnty CO Arpt Rev Ref Sub Sys, Ser A, AMT
|
5.00%
|
12/01/29
|
1,312,282
|
|
|
1,290,000
|
Denver City & Cnty CO Arpt Rev Ref Sub Sys, Ser A, AMT
|
5.00%
|
12/01/31
|
1,350,017
|
|
|
760,000
|
Denver City & Cnty CO Arpt Rev Ref Sub Sys, Ser A, AMT
|
5.00%
|
12/01/32
|
793,964
|
|
|
1,215,000
|
Denver City & Cnty CO Arpt Rev Ref Sub Sys, Ser A, AMT
|
5.00%
|
12/01/34
|
1,262,586
|
|
|
500,000
|
Sand Creek CO Met Dist Ref Ltd Tax, Ser A
|
4.00%
|
12/01/31
|
500,012
|
|
|
1,055,000
|
Traditions CO Met Dist #2 Ref, BAM
|
5.00%
|
12/01/32
|
1,065,615
|
|
|
|
|
16,041,447
|
|||
|
|
Connecticut — 1.1%
|
|
|||
|
215,000
|
CT St Hlth & Eductnl Facs Auth Rev Hartford Hlthcare, Ser A
|
5.00%
|
07/01/30
|
230,317
|
|
|
135,000
|
CT St Hlth & Eductnl Facs Auth Rev Ref Yale Univ, Ser A-2
(Mandatory put 07/01/26)
|
2.00%
|
07/01/42
|
134,822
|
|
|
1,365,000
|
CT St Hsg Fin Auth Ref St Supported Spl Oblig, Ser 21, AMT
|
4.00%
|
06/15/30
|
1,365,886
|
|
|
525,000
|
CT St Ref, Ser B
|
5.00%
|
12/01/28
|
557,308
|
|
|
2,000,000
|
CT St Spl Tax Oblig Rev Transprtn Infra, Ser A
|
5.00%
|
09/01/30
|
2,014,957
|
|
|
2,000,000
|
Stamford CT Hsg Auth Mozaic Concierge Living Proj, Ser D
|
4.25%
|
10/01/30
|
2,019,408
|
|
|
|
|
6,322,698
|
|||
|
|
Delaware — 0.4%
|
|
|||
|
2,350,000
|
DE St Econ Dev Auth Rev Ref Delmarva Pwr & Light Co Proj
Remk, Ser A
|
3.60%
|
01/01/31
|
2,419,506
|
|
|
|
District of Columbia — 1.5%
|
|
|||
|
1,000,000
|
Met WA DC Arpts Auth Arpt Sys Rev Ref, Ser A, AMT
|
5.00%
|
10/01/28
|
1,048,660
|
|
|
1,295,000
|
Met WA DC Arpts Auth Arpt Sys Rev Ref, Ser A, AMT
|
5.00%
|
10/01/30
|
1,354,007
|
|
|
Principal
Value
|
Description
|
Stated
Coupon
|
Stated
Maturity
|
Value
|
|
|
MUNICIPAL BONDS (Continued)
|
|||||
|
|
District of Columbia (Continued)
|
|
|||
|
$1,305,000
|
Met WA DC Arpts Auth Arpt Sys Rev Ref, Ser A, AMT
|
5.00%
|
10/01/31
|
$1,424,392
|
|
|
2,250,000
|
Met WA DC Arpts Auth Arpt Sys Rev Ref, Ser A, AMT
|
5.00%
|
10/01/31
|
2,455,847
|
|
|
515,000
|
Met WA DC Arpts Auth Arpt Sys Rev Ref, Ser A, AMT
|
5.00%
|
10/01/31
|
537,612
|
|
|
2,145,000
|
Met WA DC Arpts Auth Arpt Sys Rev Ref, Ser A, AMT
|
5.00%
|
10/01/35
|
2,304,524
|
|
|
|
|
9,125,042
|
|||
|
|
Florida — 11.3%
|
|
|||
|
985,000
|
Ave Maria FL Stewardship Cmnty Dist Capital Impt Rev Phase 3
Master Impt Proj
|
2.75%
|
05/01/31
|
925,847
|
|
|
100,000
|
Avelar Creek FL CDD Spl Assmnt Ref Spl Assmnt, Ser 2016
|
3.63%
|
05/01/31
|
97,700
|
|
|
950,000
|
Babcock Ranch Cmnty Indep Spl Dist FL Spl Assmnt Rev Assmt
Area 3A (a)
|
4.50%
|
11/01/29
|
967,086
|
|
|
130,000
|
Babcock Ranch Cmnty Indep Spl Dist FL Spl Assmnt Rev Proj,
Ser 2021
|
2.38%
|
05/01/26
|
130,000
|
|
|
110,000
|
Babcock Ranch Cmnty Indep Spl Dist FL Spl Assmnt Rev Proj,
Ser 2022
|
4.13%
|
05/01/27
|
110,233
|
|
|
160,000
|
Berry Bay CDD FL Spl Assmnt Rev Assmnt Area One
|
2.63%
|
05/01/26
|
160,000
|
|
|
645,000
|
Berry Bay CDD FL Spl Assmnt Rev Assmnt Area One
|
3.13%
|
05/01/31
|
613,174
|
|
|
105,000
|
Black Creek FL CDD Spl Assmnt Expansion Area Proj
|
4.80%
|
06/15/27
|
105,919
|
|
|
1,415,000
|
Brightshore CDD FL Capital Impt Rev
|
4.00%
|
05/01/32
|
1,380,360
|
|
|
1,285,000
|
Broward Cnty FL Port Facs Rev Sr Bond, Ser B, AMT
|
5.00%
|
09/01/28
|
1,333,689
|
|
|
600,000
|
Buckhead Trails II CDD FL Spl Assmnt Proj, Ser 2026
|
4.13%
|
05/01/33
|
592,842
|
|
|
2,000,000
|
Capital Trust Auth FL Hlth Care Facs Rev Ref UF Hlth Projs, Ser
A, AG
|
5.00%
|
12/01/32
|
2,207,986
|
|
|
95,000
|
Creekview CDD FL Spl Assmnt Rev Phase I Proj
|
3.88%
|
05/01/27
|
94,561
|
|
|
235,000
|
Cross Creek N CDD FL Spl Assmnt, Ser 2022
|
3.40%
|
05/01/27
|
234,766
|
|
|
930,000
|
Cypress Preserve Cmnty Dev Dist FL Spl Assmnt Rev Assmnt Area
2
|
3.75%
|
11/01/31
|
906,294
|
|
|
360,000
|
Cypress Reserve CDD FL Capital Impt Rev (a)
|
4.00%
|
05/01/30
|
354,767
|
|
|
110,000
|
Edgewater E CDD FL Spl Assmnt Rev Assmnt Area One
|
2.50%
|
05/01/26
|
110,000
|
|
|
415,000
|
Edgewater E CDD FL Spl Assmnt Rev Assmnt Area Two
|
3.00%
|
05/01/27
|
411,404
|
|
|
350,000
|
Epperson N CDD FL Capital Impt Rev Assmnt Area #2
|
3.00%
|
05/01/31
|
333,817
|
|
|
355,000
|
Escambia Cnty FL Envrnmntl Impt Rev Var Ref Intl Paper Co Proj
Remk, Ser B (Mandatory put 10/01/31)
|
3.45%
|
11/01/33
|
353,998
|
|
|
2,500,000
|
FL Dev Fin Corp Hlthcare Facs Rev Var Tampa General Hosp
Proj, Ser B (Mandatory put 10/01/31)
|
5.00%
|
08/01/56
|
2,707,993
|
|
|
500,000
|
FL St Dept Gen Svcs Div Facs Mgmt Rev Ref FL Facs Pool, Ser A
|
4.00%
|
09/01/30
|
509,319
|
|
|
150,000
|
FL St Dev Fin Corp Eductnl Facs Rev River City Science Acdmy
Projs, Ser A
|
4.00%
|
07/01/28
|
150,199
|
|
|
750,000
|
FL St Dev Fin Corp Sol Wst Disp Rev Var Wst Mgmt Inc Proj, Ser
A, AMT (Mandatory put 09/01/28)
|
3.40%
|
09/01/50
|
753,144
|
|
|
1,000,000
|
FL St Dev Fin Corp Sol Wst Disp Rev Wst Pro USA Inc Proj
Remk, AMT (a)
|
4.50%
|
07/01/32
|
1,001,344
|
|
|
1,250,000
|
FL St Hsg Fin Corp Mf Mtge Rev Var Maison at Solvita
Marketplace, Ser G-2 (Mandatory put 05/01/28)
|
3.50%
|
11/01/42
|
1,260,023
|
|
|
2,000,000
|
FL St Hsg Fin Corp Mf Mtge Rev Var The Enclave at Canopy
Park, Ser I (Mandatory put 01/01/28)
|
3.30%
|
07/01/58
|
2,005,335
|
|
|
1,750,000
|
FL St Hsg Fin Corp Var The Sailx On Vine, Ser E (Mandatory put
06/01/27)
|
3.80%
|
06/01/42
|
1,750,726
|
|
|
500,000
|
GIR E CDD FL Capital Impt Rev Assmnt Area One
|
4.30%
|
05/01/32
|
502,485
|
|
|
800,000
|
Groves at Lake Marion CDD FL Spl Assmnt (a)
|
4.00%
|
12/15/33
|
785,131
|
|
|
450,000
|
Gtr Orlando FL Aviation Auth Arpt Facs Rev, Ser A, AMT
|
5.00%
|
10/01/31
|
477,519
|
|
|
Principal
Value
|
Description
|
Stated
Coupon
|
Stated
Maturity
|
Value
|
|
|
MUNICIPAL BONDS (Continued)
|
|||||
|
|
Florida (Continued)
|
|
|||
|
$720,000
|
Hidden Creek N Cmnty Dev Dist FL Spl Assmnt, Ser A1
|
4.00%
|
11/01/30
|
$723,490
|
|
|
2,200,000
|
Hills Minneola Cmnty Dev Dist FL Spl Assmnt Rev S Parcel
Assmnt Area (a)
|
3.50%
|
05/01/31
|
2,147,646
|
|
|
1,250,000
|
Hillsborough Cnty FL Hsg Fin Auth Mf Rev Var The Loop
(Mandatory put 07/01/28)
|
3.45%
|
01/01/43
|
1,251,882
|
|
|
295,000
|
Hyde Park CDD #1 FL Spl Assmnt, Ser A
|
4.75%
|
05/01/31
|
297,465
|
|
|
350,000
|
Jacksonville FL Hlth Care Facs Rev Ref Baptist Hlth
|
5.00%
|
08/15/32
|
357,603
|
|
|
1,000,000
|
Kingston One CDD FL Spl Assmnt Assmnt Area One 2025 Proj
Area
|
4.25%
|
05/01/30
|
1,007,043
|
|
|
750,000
|
Lakes By The Bay S FL CDD Assmnt Ref
|
5.00%
|
05/01/27
|
758,956
|
|
|
535,000
|
Lakewood Ranch FL Stewardship Dist Spl Assmnt Rev Del Webb
Proj (a)
|
5.00%
|
05/01/37
|
539,420
|
|
|
1,710,000
|
Lakewood Ranch FL Stewardship Dist Spl Assmnt Rev Lakewood
Ranch SE Proj
|
5.00%
|
05/01/30
|
1,799,729
|
|
|
340,000
|
Lakewood Ranch FL Stewardship Dist Spl Assmnt Rev N E Sector
Proj Phase 1A
|
4.25%
|
05/01/28
|
342,283
|
|
|
1,000,000
|
Lee Cnty FL Arpt Rev Var, Ser A-2, AMT (Mandatory put
10/01/31)
|
5.00%
|
10/01/56
|
1,075,589
|
|
|
1,000,000
|
Lee Cnty FL Indl Dev Auth Hlthcare Facs Rev Shell Point
Obligated Grp, Ser B-2 (Temps-65)
|
4.38%
|
11/15/29
|
1,002,910
|
|
|
1,000,000
|
Lee Cnty FL Indl Dev Auth Hlthcare Facs Rev Shell Point
Obligated Grp, Ser B-3 (Temps-50)
|
4.13%
|
11/15/29
|
1,001,061
|
|
|
240,000
|
Lee Cnty FL Indl Dev Auth Hosp Rev Exchange Ref Lee Hlth
Sys, Ser 2019 A-1
|
5.00%
|
04/01/35
|
249,742
|
|
|
605,000
|
Liberty Cove CDD FL Spl Assmnt Rev Assmnt Area One Proj
|
4.80%
|
05/01/31
|
609,895
|
|
|
190,000
|
LTC Ranch W Rsdl Cmnty Dev Dist Spl Assmnt Rev Assmnt Area
One Proj, Ser A
|
2.50%
|
05/01/26
|
190,000
|
|
|
130,000
|
LTC Ranch W Rsdl Cmnty Dev Dist Spl Assmnt Rev Assmnt Area
Two Proj Pod 5, Ser AA2
|
4.85%
|
05/01/31
|
131,757
|
|
|
2,035,000
|
Miami-Dade Cnty FL Sch Brd Ref, Ser C, COPS
|
5.00%
|
02/01/32
|
2,037,226
|
|
|
2,000,000
|
Miami-Dade Cnty FL Seaport Rev Ref Sr Bonds, Ser A, AMT
|
5.00%
|
10/01/30
|
2,137,828
|
|
|
270,000
|
Mirada II Cmnty Dev Dist FL Cap Impt Rev
|
2.50%
|
05/01/26
|
270,000
|
|
|
850,000
|
Nthrn Palm Beach Cnty FL Impt Dist
|
2.88%
|
08/01/31
|
790,825
|
|
|
285,000
|
Old Hickory CDD FL Spl Assmnt Spl Asmt
|
3.00%
|
06/15/30
|
276,551
|
|
|
1,800,000
|
Osceola Cnty FL Hsg Fin Auth Mf Hsg Rev Var Crestwood
Apartments, Ser B (Mandatory put 09/01/28)
|
2.65%
|
09/01/43
|
1,779,172
|
|
|
3,715,000
|
Palm Beach Cnty FL Hlth Facs Auth Ref Acts Retmnt Life Cmntys
Inc Oblig Grp
|
5.00%
|
11/15/32
|
3,743,929
|
|
|
370,000
|
Parrish Lakes CDD Capital Impt Rev Assmnt Area Three
|
5.00%
|
05/01/31
|
374,637
|
|
|
1,010,000
|
Pensacola FL Arpt Rev, AMT
|
5.00%
|
10/01/31
|
1,099,254
|
|
|
990,000
|
Pensacola FL Arpt Rev, AMT
|
5.00%
|
10/01/33
|
1,096,063
|
|
|
45,000
|
Pine Isle Cmnty Dev Dist FL Spl Assmnt 2021 Proj (a)
|
2.38%
|
12/15/26
|
44,683
|
|
|
355,000
|
Rhodine Road N CDD FL Spl Assmnt 2019 Assmnt Area
|
4.00%
|
05/01/30
|
359,086
|
|
|
1,000,000
|
S Kendall FL CDD Spl Assmnt Ref
|
4.00%
|
11/01/31
|
1,000,418
|
|
|
400,000
|
Saltleaf CDD FL Capital Impt Rev
|
4.13%
|
05/01/31
|
401,760
|
|
|
450,000
|
Saltleaf CDD FL Capital Impt Rev
|
4.75%
|
05/01/31
|
456,309
|
|
|
840,000
|
San Simeon Cmnty Dev Dist FL Spl Assmnt (a)
|
3.75%
|
06/15/31
|
827,218
|
|
|
605,000
|
Shell Point Cmnty Dev Dist FL Spl Assmnt (a)
|
4.50%
|
11/01/29
|
613,202
|
|
|
155,000
|
Shingle Creek at Bronson CDD FL Spl Assmnt
|
2.50%
|
06/15/26
|
154,736
|
|
|
160,000
|
Silver Palms W CDD FL Spl Assmnt 2022 Proj
|
2.60%
|
06/15/27
|
157,630
|
|
|
765,000
|
Silver Palms W CDD FL Spl Assmnt 2022 Proj
|
3.00%
|
06/15/32
|
724,588
|
|
|
Principal
Value
|
Description
|
Stated
Coupon
|
Stated
Maturity
|
Value
|
|
|
MUNICIPAL BONDS (Continued)
|
|||||
|
|
Florida (Continued)
|
|
|||
|
$70,000
|
Six Mile Creek FL CDD Capital Impt Rev Assmnt Area 3 Phase 1
|
2.50%
|
05/01/26
|
$70,000
|
|
|
255,000
|
Stillwater CDD FL Sp Assmnt Spl Assmt 2021 Proj (a)
|
3.00%
|
06/15/31
|
239,881
|
|
|
545,000
|
Sugarloaf CDD FL Capital Impt Rev Assmnt Area One
|
4.00%
|
12/15/33
|
533,829
|
|
|
465,000
|
Summer Woods CDD FL Spl Assmnt Area Two 2020 Proj
|
3.30%
|
05/01/31
|
450,786
|
|
|
670,000
|
Sunrise CDD FL Capital Impt Rev (a)
|
4.25%
|
05/01/30
|
667,800
|
|
|
1,650,000
|
Tern Bay CDD FL Spl Assmnt
|
3.40%
|
06/15/32
|
1,584,486
|
|
|
455,000
|
The Heights CDD FL Spl Assmnt Rev CDD
|
4.00%
|
01/01/28
|
455,683
|
|
|
110,000
|
Timber Creek SW CDD FL Spl Assmnt Area Two Proj
|
2.35%
|
12/15/26
|
109,003
|
|
|
780,000
|
Tolomato FL CDD Ref 2022A Assmnt Area, Ser A, AG
|
3.00%
|
05/01/26
|
780,000
|
|
|
825,000
|
Tolomato FL CDD Ref 2022A Assmnt Area, Ser A, AG
|
3.00%
|
05/01/28
|
825,167
|
|
|
220,000
|
Two Rivers W CDD FL Spl Assmnt Proj, Ser 2024
|
4.80%
|
05/01/31
|
223,091
|
|
|
405,000
|
V-Dana CDD FL Spl Assmnt Assmnt Area Two 2025 Proj Area
|
4.45%
|
05/01/32
|
409,889
|
|
|
95,000
|
V-Dana CDD FL Spl Assmnt CDD Assmnt Area One 2021 Proj
|
2.60%
|
05/01/26
|
95,000
|
|
|
1,525,000
|
Venice FL Temps 50 Vlg on The Isle Proj, Ser B-3 (a)
|
4.25%
|
01/01/30
|
1,525,911
|
|
|
575,000
|
Veranda CDD II FL Spl Assmnt Rev Ref Assmt Area 3 Preserve E
Proj
|
4.25%
|
05/01/31
|
582,078
|
|
|
185,000
|
Villamar CDD FL Spl Assmnt
|
4.00%
|
05/01/29
|
185,867
|
|
|
540,000
|
Vivid Shores Cmnty Dev Dist FL Spl Assmnt 2025 Proj Area
|
4.00%
|
05/01/30
|
539,401
|
|
|
425,000
|
Volusia Cnty FL Eductnl Fac Auth Stetson Univ Inc Proj
|
5.00%
|
06/01/30
|
450,776
|
|
|
1,400,000
|
W Vlgs FL Impt Dist Ref Spl Assmt Unit Dev #1
|
4.50%
|
05/01/32
|
1,404,756
|
|
|
720,000
|
W Vlgs FL Impt Dist Unit of Dev #10 Assmnt Area Two
|
4.00%
|
05/01/30
|
718,938
|
|
|
65,000
|
Westside Haines City CDD Spl Assmnt Area One Proj
|
2.50%
|
05/01/26
|
65,000
|
|
|
600,000
|
Woodlands Section 9 CDD FL Spl Assmnt
|
4.25%
|
05/01/31
|
592,551
|
|
|
|
|
67,669,140
|
|||
|
|
Georgia — 5.2%
|
|
|||
|
2,000,000
|
Appling Cnty GA Dev Auth Var GA Pwr Co Plt Hatch Proj (c)
|
3.45%
|
09/01/41
|
2,000,000
|
|
|
2,000,000
|
Atlanta GA Arpt Rev Ref, Ser B, AMT
|
5.00%
|
07/01/26
|
2,007,126
|
|
|
2,500,000
|
Atlanta GA Arpt Rev Ref, Ser B, AMT
|
5.00%
|
07/01/30
|
2,697,235
|
|
|
2,500,000
|
Atlanta GA Urban Rsdl Fin Auth Mf Hsg Rev Var N Block
(Mandatory put 02/01/28)
|
3.40%
|
02/01/29
|
2,511,564
|
|
|
2,000,000
|
Bartow Cnty GA Dev Auth Solid Wst Disp Fac Rev Var GA Pwr
Co Plt Bowen Proj, AMT (c)
|
3.53%
|
11/01/62
|
2,000,000
|
|
|
250,000
|
Bartow Cnty GA Dev Auth Var Ref GA Pwr Co Plt Bowen Proj
Remk, First Ser (Mandatory put 03/08/28)
|
3.95%
|
12/01/32
|
253,754
|
|
|
1,000,000
|
Burke Cnty GA Dev Auth Poll Control Rev Var GA Pwr Co Plant
Vogtle Proj Remk, 4th Ser (Mandatory put 05/21/26)
|
3.80%
|
10/01/32
|
1,000,265
|
|
|
875,000
|
Burke Cnty GA Dev Auth Poll Control Rev Var GA Pwr Co Plant
Vogtle Proj Remk, 5th Ser (Mandatory put 06/13/28)
|
3.70%
|
10/01/32
|
885,432
|
|
|
800,000
|
Burke Cnty GA Dev Auth Poll Control Rev Var Ref GA Pwr Co
Plant Vogtle Proj (c)
|
3.40%
|
11/01/52
|
800,000
|
|
|
1,500,000
|
Burke Cnty GA Dev Auth Poll Control Rev Var Ref GA Pwr Co
Plant Vogtle Proj Remk, 1st Ser (Mandatory put 03/12/27)
|
3.38%
|
11/01/53
|
1,502,641
|
|
|
250,000
|
Columbia Cnty GA Hosp Auth Rev Anticipation Ctfs Wellstar Hlth
Sys Inc Proj, Ser B
|
5.00%
|
04/01/27
|
255,147
|
|
|
420,000
|
GA St Hsg & Fin Auth Rev Ref, Ser C
|
3.50%
|
06/01/31
|
429,906
|
|
|
650,000
|
GA St Hsg & Fin Auth Rev Ref, Ser C
|
3.55%
|
12/01/31
|
665,864
|
|
|
3,700,000
|
Main Street Energy Inc GA Energy Proj Rev, Ser D
|
5.00%
|
12/01/33
|
3,895,478
|
|
|
2,000,000
|
Main Street Nat Gas Inc GA Gas Sply Rev, Ser A
|
5.00%
|
06/01/29
|
2,082,304
|
|
|
880,000
|
Main Street Nat Gas Inc GA Gas Sply Rev, Ser A (Mandatory put
09/01/27)
|
4.00%
|
07/01/52
|
891,489
|
|
|
Principal
Value
|
Description
|
Stated
Coupon
|
Stated
Maturity
|
Value
|
|
|
MUNICIPAL BONDS (Continued)
|
|||||
|
|
Georgia (Continued)
|
|
|||
|
$510,000
|
Main Street Nat Gas Inc GA Gas Sply Rev, Ser A (Mandatory put
12/01/29)
|
4.00%
|
09/01/52
|
$518,174
|
|
|
800,000
|
Main Street Nat Gas Inc GA Gas Sply Rev, Ser B
|
5.00%
|
06/01/26
|
801,168
|
|
|
1,290,000
|
Main Street Nat Gas Inc GA Gas Sply Rev, Ser C (Mandatory put
09/01/26)
|
4.00%
|
03/01/50
|
1,293,511
|
|
|
1,830,000
|
Main Street Nat Gas Inc GA Gas Sply Rev, Ser D (Mandatory put
04/01/31)
|
5.00%
|
04/01/54
|
1,947,952
|
|
|
100,000
|
Main Street Nat Gas Inc GA Gas Sply Rev, Ser D (Mandatory put
12/01/30)
|
5.00%
|
05/01/54
|
105,547
|
|
|
2,000,000
|
Main Street Nat Gas Inc GA Gas Sply Rev, Ser E (Mandatory put
12/01/32)
|
5.00%
|
05/01/55
|
2,118,286
|
|
|
500,000
|
Muni Elec Auth of GA Plant Vogtle Units 3&4 Proj M Bonds,
Ser A
|
5.00%
|
01/01/38
|
515,157
|
|
|
|
|
31,178,000
|
|||
|
|
Guam — 0.1%
|
|
|||
|
250,000
|
Guam Govt Busn Privilege Tax Rev Ref, Ser F
|
5.00%
|
01/01/28
|
256,934
|
|
|
360,000
|
Guam Pwr Auth Rev Ref, Ser A
|
5.00%
|
10/01/33
|
366,490
|
|
|
|
|
623,424
|
|||
|
|
Hawaii — 0.2%
|
|
|||
|
1,000,000
|
Honolulu City & Cnty HI Wstwtr Sys Rev Sr, Ser A
|
5.00%
|
07/01/29
|
1,003,823
|
|
|
|
Illinois — 3.3%
|
|
|||
|
40,000
|
Chicago IL Brd of Edu Chicago Sch Reform Brd, Ser A, NATL-RE
|
5.50%
|
12/01/26
|
40,330
|
|
|
500,000
|
Chicago IL Midway Arpt Rev Ref Sr Lien, Ser A, AMT, BAM
|
5.00%
|
01/01/27
|
507,236
|
|
|
2,000,000
|
Chicago IL Midway Arpt Rev Ref Sr, Ser C, AMT
|
5.00%
|
01/01/33
|
2,176,993
|
|
|
520,000
|
Chicago IL O’Hare Intl Arpt Rev Gen Sr Lien, Ser D, AMT
|
5.00%
|
01/01/29
|
526,601
|
|
|
3,000,000
|
IL St Dev Fin Auth Sol Wst Disp Rev Var Wst Mgmt Inc Proj
Remk, AMT (Mandatory put 11/02/26)
|
3.45%
|
11/01/44
|
3,000,299
|
|
|
225,000
|
IL St Fin Auth Rev Ref Ascension Hlth Credit Grp, Ser C
|
5.00%
|
02/15/27
|
228,699
|
|
|
2,000,000
|
IL St Fin Auth Rev Ref Ascension Hlth Credit Grp, Ser C
|
5.00%
|
02/15/30
|
2,031,078
|
|
|
1,000,000
|
IL St Hsg Dev Auth Mf Hsg Rev Var Island Terrace Remk
(Mandatory put 04/01/28)
|
2.80%
|
08/01/28
|
994,617
|
|
|
665,000
|
IL St Hsg Dev Auth Rev Homeowner Mtge, Subser A-1
|
3.15%
|
02/01/28
|
665,303
|
|
|
500,000
|
IL St Sales Tax Rev Ref, Subser C, BAM
|
4.00%
|
06/15/27
|
500,773
|
|
|
285,000
|
IL St Sales Tax Rev Ref, Subser C
|
4.00%
|
06/15/32
|
285,204
|
|
|
2,000,000
|
IL St, Ser A
|
5.00%
|
12/01/31
|
2,058,881
|
|
|
250,000
|
IL St, Ser B
|
5.00%
|
05/01/28
|
260,356
|
|
|
2,365,000
|
IL St, Ser C
|
5.00%
|
11/01/29
|
2,437,731
|
|
|
710,000
|
Railsplitter IL Tobacco Stlmt Auth (Pre-refunded maturity
06/01/26)
|
5.00%
|
06/01/27
|
711,357
|
|
|
1,055,000
|
Rock Island Cnty IL Sch Dist #41 Rock Island, BAM
|
5.00%
|
12/01/29
|
1,111,824
|
|
|
1,000,000
|
Sales Tax Securitization Corp IL Ref, Ser C
|
5.25%
|
01/01/35
|
1,045,701
|
|
|
1,000,000
|
Wauconda IL Spl Svc Area #1 Spl Tax Ref, BAM
|
5.00%
|
03/01/33
|
1,000,806
|
|
|
|
|
19,583,789
|
|||
|
|
Indiana — 2.8%
|
|
|||
|
1,785,000
|
IN St Fin Auth Econ Dev Rev Var Ref Rep Svcs Inc Proj Remk, Ser
A, AMT (Mandatory put 06/01/26)
|
2.90%
|
05/01/28
|
1,784,577
|
|
|
2,000,000
|
IN St Fin Auth Envrnmntl Facs Rev Var Ref IN Pwr & Light Co
Proj, Ser A
|
1.40%
|
08/01/29
|
1,836,825
|
|
|
1,070,000
|
IN St Fin Auth Envrnmntl Rev Ref Var Duke Energy IN Inc Proj
Remk, Ser A-1, AMT (Mandatory put 06/01/32)
|
4.50%
|
05/01/35
|
1,077,616
|
|
|
Principal
Value
|
Description
|
Stated
Coupon
|
Stated
Maturity
|
Value
|
|
|
MUNICIPAL BONDS (Continued)
|
|||||
|
|
Indiana (Continued)
|
|
|||
|
$730,000
|
IN St Fin Auth Hlth Fac Rev Margaret Mary Hlth Proj, Ser A
|
5.00%
|
03/01/30
|
$764,859
|
|
|
1,250,000
|
IN St Fin Auth Hlth Sys Rev Var Ref IN Univ Hlth, Ser D-1
(Mandatory put 10/01/29)
|
5.00%
|
10/01/64
|
1,342,905
|
|
|
25,000
|
IN St Fin Auth Rev BHI Sr Living, Ser A
|
4.00%
|
11/15/26
|
25,035
|
|
|
1,000,000
|
IN St Fin Auth Rev Greenwood Vlg S Proj Temps 50SM, Ser C-2
|
3.75%
|
05/15/32
|
1,000,818
|
|
|
570,000
|
IN St Fin Auth Rev Ref Marquette Proj, Ser A
|
5.00%
|
03/01/27
|
577,174
|
|
|
600,000
|
IN St Fin Auth Rev Ref Marquette Proj, Ser A
|
5.00%
|
03/01/28
|
617,204
|
|
|
2,260,000
|
Indianapolis IN Loc Pub Impt Bond Bank Ref Indianapolis Arpt
Auth Proj, Ser I-2, AMT
|
5.00%
|
01/01/31
|
2,438,325
|
|
|
1,425,000
|
La Porte IN Multi Sch Bldg Corp 1st Mtge
|
3.00%
|
07/15/32
|
1,386,255
|
|
|
3,070,000
|
Whiting IN Envrnmntl Facs Rev Ref BP Products N America Inc
Proj, Ser A, AMT (Mandatory put 06/05/26)
|
5.00%
|
12/01/44
|
3,075,758
|
|
|
1,065,000
|
Whiting IN Envrnmntl Facs Rev Var BP Products N America Inc
Proj Remk, AMT (Mandatory put 06/10/31)
|
4.40%
|
11/01/45
|
1,112,057
|
|
|
|
|
17,039,408
|
|||
|
|
Iowa — 0.6%
|
|
|||
|
1,000,000
|
IA St Brd Regents Hosp Rev Univ of IA Hlth Cares Hosp Sys, Ser
A
|
5.00%
|
09/01/27
|
1,030,158
|
|
|
2,395,000
|
Pefa Inc IA Gas Proj Rev (Mandatory put 09/01/26)
|
5.00%
|
09/01/49
|
2,408,907
|
|
|
|
|
3,439,065
|
|||
|
|
Kansas — 0.1%
|
|
|||
|
750,000
|
Univ of KS KS Hosp Auth Hlth Facs Rev Var The Univ KS Hlth
Sys, Ser B (Mandatory put 03/01/30)
|
5.00%
|
03/01/55
|
800,912
|
|
|
|
Kentucky — 3.4%
|
|
|||
|
1,000,000
|
Boone Cnty KY Poll Control Rev Ref Duke Energy KY Inc Proj
Remk, Ser A
|
3.70%
|
08/01/27
|
1,004,706
|
|
|
1,065,000
|
KY St Interlocal Sch Transprtn Assn Equipment Lease Re, COPS
|
4.00%
|
03/01/29
|
1,096,334
|
|
|
3,290,000
|
KY St Pub Energy Auth Gas Sply Rev Ref, Ser A (Mandatory put
12/01/29)
|
5.25%
|
06/01/55
|
3,481,712
|
|
|
1,060,000
|
KY St Pub Energy Auth Gas Sply Rev Ref, Ser B
|
5.00%
|
08/01/28
|
1,093,468
|
|
|
280,000
|
KY St Pub Energy Auth Gas Sply Rev Ref, Ser B
|
5.00%
|
08/01/29
|
291,512
|
|
|
2,575,000
|
KY St Pub Energy Auth Gas Sply Rev Ref, Ser B (Mandatory put
08/01/32)
|
5.00%
|
01/01/55
|
2,731,069
|
|
|
325,000
|
KY St Pub Energy Auth Gas Sply Rev Var, Ser C (Mandatory put
02/01/28)
|
4.00%
|
02/01/50
|
328,290
|
|
|
2,000,000
|
Louisville & Jefferson Cnty KY Met Govt Hlth Sys Rev Var Norton
Hlthcare Inc, Ser C (c)
|
3.45%
|
10/01/53
|
2,000,000
|
|
|
1,100,000
|
Meade Cnty KY Indl Bldg Rev Var Nucor Steel Brandenburg Proj
Sustainable Bond, Ser B-1 (c)
|
3.80%
|
08/01/61
|
1,100,000
|
|
|
1,860,000
|
Owensboro KY Wtr Rev Ref & Impt
|
3.50%
|
09/15/31
|
1,865,826
|
|
|
1,195,000
|
Paducah KY Elec Plant Brd Rev Ref, Ser A, AG
|
5.00%
|
10/01/30
|
1,204,227
|
|
|
2,500,000
|
Trimble Cnty KY Envrnmntl Facs Rev Ref Louisville Gas Elec Co
Proj, Ser A
|
3.75%
|
06/01/33
|
2,502,466
|
|
|
1,580,000
|
Trimble Cnty KY Envrnmntl Facs Rev Var Louisville Gas & Elec
Co Proj, Ser A, AMT (Mandatory put 06/01/27)
|
4.70%
|
06/01/54
|
1,596,305
|
|
|
|
|
20,295,915
|
|||
|
|
Louisiana — 1.2%
|
|
|||
|
1,200,000
|
LA St Loc Govt Envrnmntl Facs & Cmnty Dev Auth Rev Ref Hosp
Womans Fdtn Proj, Ser A
|
5.00%
|
10/01/33
|
1,226,565
|
|
|
Principal
Value
|
Description
|
Stated
Coupon
|
Stated
Maturity
|
Value
|
|
|
MUNICIPAL BONDS (Continued)
|
|||||
|
|
Louisiana (Continued)
|
|
|||
|
$2,000,000
|
Saint James Parish LA Rev Var Nustar Logistics LP Proj Remk
(Mandatory put 06/01/30)
|
3.70%
|
08/01/41
|
$2,018,902
|
|
|
4,000,000
|
Saint John The Baptist Parish LA Rev Var Ref Marathon Oil Corp
Proj Remk, Ser C (Mandatory put 07/03/28)
|
3.30%
|
06/01/37
|
4,026,152
|
|
|
|
|
7,271,619
|
|||
|
|
Maine — 0.7%
|
|
|||
|
1,530,000
|
ME St Fin Auth Loan Rev Ref Stdt Loan Rev Bond Class A, Ser
2019A-1, AG, AMT
|
5.00%
|
12/01/26
|
1,545,316
|
|
|
320,000
|
ME St Hsg Auth Mtge Pur Sustainable Bonds, Ser A
|
3.45%
|
11/15/31
|
322,283
|
|
|
525,000
|
ME St Hsg Auth Mtge Pur Sustainable Bonds, Ser A
|
3.55%
|
11/15/32
|
530,498
|
|
|
2,000,000
|
ME St Hsg Auth Mtge Pur Sustainable Bonds, Ser C
|
3.25%
|
11/15/30
|
1,991,785
|
|
|
|
|
4,389,882
|
|||
|
|
Maryland — 1.6%
|
|
|||
|
435,000
|
Cmnty Dev Admin MD Mf Dev Rev Sustainable Bonds Vlgs at
Marley Station, Ser D-1
|
3.55%
|
08/01/31
|
440,239
|
|
|
345,000
|
Cmnty Dev Admin MD Mf Dev Rev Sustainable Bonds Vlgs at
Marley Station, Ser D-1
|
3.60%
|
02/01/32
|
352,507
|
|
|
3,000,000
|
Cmnty Dev Admin MD Mf Dev Rev Sustainable Bonds Vlgs at
Marley Station, Ser D-2
|
3.30%
|
01/01/29
|
3,035,472
|
|
|
1,550,000
|
MD St Econ Dev Corp Var Ref Constellation Energy Grp Proj
Remk, Ser B (Mandatory put 04/03/28)
|
4.10%
|
10/01/36
|
1,585,370
|
|
|
2,000,000
|
MD St Hlth & Hgr Eductnl Facs Auth Rev Var Ref Medstar Hlth
Issue, Ser B (Mandatory put 08/15/33)
|
5.00%
|
08/15/56
|
2,193,851
|
|
|
2,000,000
|
MD St Hlth & Hgr Eductnl Facs Auth Rev Var Univ of MD Med
Sys Issue, Ser C-1 (c)
|
3.45%
|
07/01/55
|
2,000,000
|
|
|
|
|
9,607,439
|
|||
|
|
Massachusetts — 0.8%
|
|
|||
|
500,000
|
MA St Dev Fin Agy Rev Dana Farber Cancer Institute, Ser N
|
5.00%
|
12/01/33
|
504,965
|
|
|
2,000,000
|
MA St Dev Fin Agy Rev Lasell Vlg Inc
|
5.00%
|
07/01/29
|
2,096,961
|
|
|
1,500,000
|
MA St Dev Fin Agy Rev Linden Ponds Inc Fac (a)
|
5.00%
|
11/15/33
|
1,546,484
|
|
|
580,000
|
MA St Dev Fin Agy Rev Ref Partners Hlthcare Sys, Ser Q
|
5.00%
|
07/01/31
|
582,137
|
|
|
|
|
4,730,547
|
|||
|
|
Michigan — 1.8%
|
|
|||
|
1,000,000
|
Detroit MI
|
5.00%
|
04/01/28
|
1,031,477
|
|
|
435,000
|
Great Lakes MI Wtr Auth Sewage Disposal Sys Rev Ref 2nd
Lien, Ser C
|
5.00%
|
07/01/36
|
436,308
|
|
|
500,000
|
Great Lakes MI Wtr Auth Sewage Disposal Sys Rev Ref Sr
Lien, Ser B
|
5.00%
|
07/01/31
|
501,766
|
|
|
400,000
|
Great Lakes MI Wtr Auth Wtr Sply Sys Rev Sr Lien Bonds, Ser B
|
5.00%
|
07/01/29
|
429,097
|
|
|
1,155,000
|
MI St Fin Auth Rev Multi Modal McLaren Hlth Care, Ser A
|
5.00%
|
02/15/29
|
1,218,258
|
|
|
155,000
|
MI St Fin Auth Rev Ref Hosp McLaren Hlth Care, Ser A
|
5.00%
|
05/15/27
|
155,248
|
|
|
1,790,000
|
MI St Fin Auth Rev Var Trinity Hlth Credit Grp, Ser B (Mandatory
put 12/01/28)
|
5.00%
|
12/01/43
|
1,866,842
|
|
|
2,000,000
|
MI St Strategic Fund Ltd Oblg Rev Var Consumers Energy Co Proj
Remk, AMT (Mandatory put 10/01/27)
|
3.35%
|
10/01/49
|
1,995,998
|
|
|
1,000,000
|
MI St Strategic Fund Ltd Oblg Rev Var DTE Elec Co Exempt Fac
Proj, Ser 2023-DT, AMT (Mandatory put 06/03/30)
|
3.88%
|
06/01/53
|
996,262
|
|
|
Principal
Value
|
Description
|
Stated
Coupon
|
Stated
Maturity
|
Value
|
|
|
MUNICIPAL BONDS (Continued)
|
|||||
|
|
Michigan (Continued)
|
|
|||
|
$1,000,000
|
Wayne Cnty MI Arpt Auth Rev Ref Detroit Met Wayne Cnty
Arpt, Ser G, AMT
|
5.00%
|
12/01/31
|
$1,090,238
|
|
|
930,000
|
Wayne Cnty MI Arpt Auth Rev, Ser B, AMT
|
5.00%
|
12/01/38
|
984,930
|
|
|
|
|
10,706,424
|
|||
|
|
Minnesota — 0.6%
|
|
|||
|
1,380,000
|
Minneapolis Saint Paul MN Met Arpts Commn Arpt Rev Ref
Sub, Ser B, AMT
|
5.00%
|
01/01/35
|
1,441,063
|
|
|
525,000
|
MN St Agric & Econ Dev Brd Hlth Care Sys Rev Ref Fairview
Hlth Svcs, Ser A (b)
|
5.00%
|
11/15/30
|
563,619
|
|
|
850,000
|
MN St Agric & Econ Dev Brd Hlth Care Sys Rev Ref Fairview
Hlth Svcs, Ser A (b)
|
5.00%
|
11/15/31
|
920,712
|
|
|
150,000
|
MN St Hsg Fin Agy Sustainable Bond, Ser A
|
2.70%
|
07/01/29
|
149,179
|
|
|
275,000
|
MN St Hsg Fin Agy Sustainable Bond, Ser A
|
2.75%
|
01/01/30
|
273,053
|
|
|
|
|
3,347,626
|
|||
|
|
Mississippi — 0.9%
|
|
|||
|
675,000
|
Gulfport MS Hosp Fac Rev Memorial Hosp at Gulfport Proj
|
5.00%
|
07/01/32
|
731,001
|
|
|
1,105,000
|
MS Busn Fin Corp MS Sol Wst Disp Fac & Wstwtr F Var MS Pwr
Co Proj, First Ser, AMT (c)
|
3.50%
|
11/01/52
|
1,105,000
|
|
|
1,330,000
|
MS St Busn Fin Commn Gulf Opportunity Zone Var Chevron USA
Inc PJ, Ser A (c)
|
3.40%
|
12/01/30
|
1,330,000
|
|
|
850,000
|
MS St Busn Fin Commn Gulf Opportunity Zone Var Chevron USA
Inc PJ, Ser E (c)
|
3.40%
|
12/01/30
|
850,000
|
|
|
1,150,000
|
Warren Cnty MS Gulf Opportunity Zone Ref Intl Paper Co Proj
Remk
|
4.00%
|
09/01/32
|
1,177,247
|
|
|
|
|
5,193,248
|
|||
|
|
Missouri — 1.4%
|
|
|||
|
1,000,000
|
Kansas City MO Indl Dev Auth Arpt Spl Oblig Kansas City Intl
Arpt, Ser A, AMT
|
5.00%
|
03/01/30
|
1,064,322
|
|
|
1,000,000
|
MO St Hlth & Eductnl Facs Auth Hlth Facs Rev Ref Saint Lukes
Hlth Sys Inc
|
4.00%
|
11/15/33
|
1,000,304
|
|
|
1,000,000
|
MO St Hlth & Eductnl Facs Auth Hlth Facs Rev Ref, Ser C
(Mandatory put 05/01/28)
|
5.00%
|
05/01/52
|
1,042,116
|
|
|
760,000
|
MO St Hlth & Eductnl Facs Auth Lutheran Sr Svcs Projs
|
4.00%
|
02/01/28
|
768,394
|
|
|
500,000
|
MO St Hlth & Eductnl Facs Auth Ref Lutheran Sr Svcs Projs, Ser A
|
5.00%
|
02/01/29
|
521,542
|
|
|
485,000
|
MO St Hlth & Eductnl Facs Auth Ref Lutheran Sr Svcs Projs, Ser A
|
5.00%
|
02/01/30
|
508,877
|
|
|
650,000
|
MO St Hlth & Eductnl Facs Auth Ref Lutheran Sr Svcs Projs, Ser B
|
5.00%
|
02/01/28
|
650,829
|
|
|
1,485,000
|
Pettis Cnty MO Sch Dist Sedalia Lease Sedalia Sch Dist No 200 of
Pettis Cnty, MO Proj, COPS
|
5.00%
|
04/15/29
|
1,566,981
|
|
|
450,000
|
Phelps Cnty MO Hosp Rev Phelps Hlth
|
5.00%
|
12/01/32
|
490,942
|
|
|
910,000
|
Saint Louis Cnty MO Indl Dev Auth Sr Living Facs Friendship Vlg
Sunset Hills, Ser A
|
5.50%
|
09/01/33
|
911,191
|
|
|
|
|
8,525,498
|
|||
|
|
Montana — 0.4%
|
|
|||
|
2,395,000
|
Forsyth MT Poll Control Rev Ref Northwestern Corp Colstrip Proj
|
3.88%
|
07/01/28
|
2,431,956
|
|
|
|
Nebraska — 0.5%
|
|
|||
|
1,000,000
|
Centrl Plains Energy Proj NE Gas Proj Rev Var Ref Proj #4, Ser A
(Mandatory put 11/01/29)
|
5.00%
|
05/01/54
|
1,052,507
|
|
|
Principal
Value
|
Description
|
Stated
Coupon
|
Stated
Maturity
|
Value
|
|
|
MUNICIPAL BONDS (Continued)
|
|||||
|
|
Nebraska (Continued)
|
|
|||
|
$1,500,000
|
Centrl Plains Energy Proj NE Gas Sply Rev, Subser A-1
(Mandatory put 08/01/31)
|
5.00%
|
08/01/55
|
$1,605,645
|
|
|
400,000
|
Muni Energy Agy of NE Ref, Ser A
|
5.00%
|
04/01/28
|
404,233
|
|
|
|
|
3,062,385
|
|||
|
|
Nevada — 0.9%
|
|
|||
|
120,000
|
Clark Cnty NV Sch Dist Bldg Cr, Ser B, AG
|
5.00%
|
06/15/31
|
126,480
|
|
|
235,000
|
Las Vegas NV Spl Impt Dist #808 & #810 Ref
|
5.00%
|
06/01/28
|
235,209
|
|
|
905,000
|
Las Vegas NV Spl Impt Dist #812 Loc Impt Summerlin Vlg 24
|
5.00%
|
12/01/31
|
905,692
|
|
|
225,000
|
Las Vegas NV Spl Impt Dist #816 Summerlin Vlg 22
|
2.00%
|
06/01/26
|
224,683
|
|
|
100,000
|
Las Vegas NV Spl Impt Dist #816 Summerlin Vlg 22
|
2.50%
|
06/01/28
|
97,485
|
|
|
275,000
|
Las Vegas NV Spl Impt Dist #819 Summerlin Vlg 30A
|
4.50%
|
06/01/29
|
282,943
|
|
|
100,000
|
Las Vegas NV Spl Impt Dist #819 Summerlin Vlg 30A
|
4.00%
|
06/01/31
|
100,740
|
|
|
355,000
|
NV Dept of Busn & Ind NV Doral Acdmy, Ser A
|
5.00%
|
07/15/27
|
355,172
|
|
|
2,000,000
|
NV St Hsg Div Var Carville Park Apartments (Mandatory put
07/01/27)
|
5.00%
|
07/01/28
|
2,044,987
|
|
|
1,000,000
|
Sparks NV Tourism Impt Dist #1 Rev Sr Bond Legends at Sparks
Marina
|
3.88%
|
06/15/28
|
1,004,140
|
|
|
|
|
5,377,531
|
|||
|
|
New Hampshire — 1.0%
|
|
|||
|
1,175,000
|
Natl Fin Auth NH Pollution Control Rev Ref NY St Elec & Gas
Corp Proj, Ser A, AMT
|
4.00%
|
12/01/28
|
1,190,735
|
|
|
1,100,000
|
Natl Fin Auth NH Rev Winston Salem Sustainable Energy
Partners, Ser A
|
5.00%
|
06/01/31
|
1,187,577
|
|
|
2,000,000
|
Natl Fin Auth NH Sol Wst Disp Rev Var Ref Wst Mgmt Inc Proj
Remk, Ser A- 3, AMT (Mandatory put 07/01/26)
|
4.00%
|
07/01/33
|
2,001,022
|
|
|
700,000
|
Natl Fin Auth NH Spl Rev Emberly and Canterra Creek Projs (a)
|
5.38%
|
12/01/31
|
699,493
|
|
|
1,000,000
|
Natl Fin Auth NH Spl Rev Provence Proj, CABS (a)
|
(d)
|
12/01/31
|
694,583
|
|
|
300,000
|
NH St Hlth & Edu Facs Auth Rev Ref Dartmouth Hlth Oblig Grp
Issue
|
5.00%
|
08/01/31
|
328,206
|
|
|
|
|
6,101,616
|
|||
|
|
New Jersey — 1.2%
|
|
|||
|
2,000,000
|
NJ St
|
2.00%
|
06/01/29
|
1,921,029
|
|
|
580,000
|
NJ St Econ Dev Auth Rev Portal N Bridge Proj NJ Transit
Transprtn Proj Bonds, Ser A
|
5.00%
|
11/01/26
|
586,088
|
|
|
2,000,000
|
NJ St Econ Dev Auth Rev Ref Sch Facs Constr, Ser GGG (a)
|
5.25%
|
09/01/26
|
2,015,400
|
|
|
1,500,000
|
NJ St Econ Dev Auth Wtr Facs Rev Var Ref NJ American Wtr Co
Inc Proj Remk, Ser B, AMT (Mandatory put 06/01/28)
|
3.75%
|
11/01/34
|
1,509,094
|
|
|
965,000
|
NJ St Hlth Care Facs Fing Auth Rev Ref RWJ Barnabas Hlth Oblig
Grp Issue, Ser B-3 (Mandatory put 07/01/26)
|
5.00%
|
07/01/45
|
968,504
|
|
|
|
|
7,000,115
|
|||
|
|
New Mexico — 1.0%
|
|
|||
|
2,770,000
|
Farmington NM Poll Control Rev Var Ref Pub Svc Co NM San
Juan Proj Remk, Ser D (Mandatory put 06/01/28)
|
3.90%
|
06/01/40
|
2,815,916
|
|
|
3,180,000
|
NM St Muni Energy Acq Auth Gas Sply Ref (Mandatory put
11/01/30)
|
5.00%
|
06/01/54
|
3,381,643
|
|
|
|
|
6,197,559
|
|||
|
|
New York — 5.5%
|
|
|||
|
2,000,000
|
Build NYC Res Corp NY Rev Riverspring Hlth Sr Living Inc Proj
Temps 50, Ser B-4
|
5.00%
|
12/15/31
|
1,988,667
|
|
|
Principal
Value
|
Description
|
Stated
Coupon
|
Stated
Maturity
|
Value
|
|
|
MUNICIPAL BONDS (Continued)
|
|||||
|
|
New York (Continued)
|
|
|||
|
$2,000,000
|
Chautauqua Cnty NY Capital Res Corp Exempt Facs Rev Var Ref
NRG Energy Proj Remk (Mandatory put 04/03/28)
|
4.25%
|
04/01/42
|
$2,031,559
|
|
|
875,000
|
Fulton NY City Sch Dist, BANS
|
4.25%
|
07/10/26
|
877,408
|
|
|
285,000
|
Kings Park NY Centrl Sch Dist, Ser B
|
3.00%
|
07/15/31
|
283,185
|
|
|
2,260,000
|
New York City NY Hsg Dev Corp Mf Hsg Rev Sustainable Dev
Bonds, Ser F-2A (Mandatory put 12/22/26)
|
3.40%
|
11/01/62
|
2,260,773
|
|
|
2,000,000
|
New York City NY Hsg Dev Corp Mf Hsg Rev Var Sustainable
Bond, Ser B-2 (Mandatory put 07/02/29)
|
3.95%
|
11/01/64
|
2,032,757
|
|
|
1,000,000
|
New York City NY Muni Wtr Fin Auth Wtr & Swr Sys Rev
Adjustable 2nd Gen Resolution Fiscal 2014, Ser AA-1 (c)
|
3.40%
|
06/15/50
|
1,000,000
|
|
|
3,500,000
|
New York City NY Muni Wtr Fin Auth Wtr & Swr Sys Rev Ref
Var 2nd Gen Resolution, Subser BB-1 (c)
|
3.45%
|
06/15/44
|
3,500,000
|
|
|
340,000
|
New York City NY Transitional Fin Auth Bldg Aid Rev Ref Fiscal
2018, Ser S-1
|
5.00%
|
07/15/35
|
347,782
|
|
|
3,000,000
|
New York NY Adjustable Fiscal 2020, Subser B-3 (c)
|
3.50%
|
10/01/46
|
3,000,000
|
|
|
500,000
|
Newark Vly NY Centrl Sch Dist, Ser A, BANS
|
4.00%
|
06/26/26
|
500,870
|
|
|
800,000
|
NY Energy Fin Dev Corp Var (Mandatory put 12/01/33)
|
5.00%
|
07/01/56
|
824,250
|
|
|
2,000,000
|
NY St Envrnmntl Facs Corp Sol Wst Disp Rev Var Draw Down
Casella Wst Sys Inc Proj R-1 Remk, AMT (Mandatory put
09/03/30) (a)
|
4.25%
|
09/01/50
|
2,029,188
|
|
|
3,125,000
|
NY St Hsg Fin Agy Affordable Hsg Rev Var 320 W 38th Street
Hsg Remk, Ser A (Mandatory put 11/01/31)
|
3.57%
|
05/01/42
|
3,143,054
|
|
|
300,000
|
NY St Hsg Fin Agy Affordable Hsg Rev Var Hsg 160 W
62nd Street Remk, Ser A-2 (Mandatory put 04/01/32)
|
3.60%
|
11/01/44
|
302,549
|
|
|
500,000
|
NY St Hsg Fin Agy St Personal Income Tax Rev Var Sustainable
Bonds, Ser A-2 (Mandatory put 12/15/30)
|
3.45%
|
06/15/54
|
504,385
|
|
|
50,000
|
NY St Transprtn Dev Corp Spl Fac Rev Delta Airls Inc LaGuardia
Arpt Terminals C&D Redev, AMT
|
4.00%
|
10/01/30
|
50,814
|
|
|
2,315,000
|
NY St Transprtn Dev Corp Spl Fac Rev Delta Airls Inc LaGuardia
Arpt Terminals C&D Redev, AMT
|
5.00%
|
01/01/32
|
2,370,015
|
|
|
1,000,000
|
NY St Transprtn Dev Corp Spl Fac Rev Delta Airls Inc LaGuardia
Arpt Terminals C&D Redev, AMT
|
5.00%
|
10/01/35
|
1,044,940
|
|
|
105,000
|
NY St Transprtn Dev Corp Spl Fac Rev Ref American Airls Inc
John F Kennedy Intl Arpt Proj, AMT
|
2.25%
|
08/01/26
|
104,799
|
|
|
560,000
|
Port Auth of NY & NJ NY Consolidated Bonds, Ser 214, AMT
|
5.00%
|
09/01/32
|
594,440
|
|
|
2,030,000
|
Port Auth of NY & NJ NY Ref, Ser 207, AMT
|
5.00%
|
09/15/34
|
2,088,219
|
|
|
2,000,000
|
Port Auth of NY & NJ NY Ref, Ser 249, AMT
|
5.00%
|
10/15/31
|
2,190,208
|
|
|
|
|
33,069,862
|
|||
|
|
North Carolina — 3.1%
|
|
|||
|
400,000
|
Charlotte Mecklenburg NC Hosp Auth Hlth Care Sys Rev Var
Atrium Hlth Remk, Ser D (Mandatory put 06/15/27)
|
3.63%
|
01/15/48
|
403,116
|
|
|
1,000,000
|
Charlotte Mecklenburg NC Hosp Auth Hlth Care Sys Rev Var Ref
Atrium Hlth, Ser E (c)
|
3.40%
|
01/15/42
|
1,000,000
|
|
|
1,500,000
|
Charlotte Mecklenburg NC Hosp Auth Hlth Care Sys Rev Var Ref
Carolina Remk, Ser C (c)
|
3.40%
|
01/15/37
|
1,500,000
|
|
|
1,080,000
|
Charlotte NC Arpt Rev Charlotte Douglas Intl Arpt, Ser B, AMT
|
5.00%
|
07/01/27
|
1,106,171
|
|
|
250,000
|
Charlotte NC Arpt Rev, Ser A
|
5.00%
|
07/01/30
|
256,837
|
|
|
1,125,000
|
Charlotte NC Arpt Rev, Ser B, AMT
|
5.00%
|
07/01/30
|
1,211,925
|
|
|
2,800,000
|
NC St Hsg Fin Agy Mf Hsg Rev Var Fitch Irick Portfolio
(Mandatory put 04/01/28)
|
5.00%
|
04/01/29
|
2,906,437
|
|
|
Principal
Value
|
Description
|
Stated
Coupon
|
Stated
Maturity
|
Value
|
|
|
MUNICIPAL BONDS (Continued)
|
|||||
|
|
North Carolina (Continued)
|
|
|||
|
$375,000
|
NC St Med Care Commn Hlth Care Facs Rev Lutheran Svcs For
The Aging Ref, Ser A
|
4.00%
|
03/01/29
|
$380,394
|
|
|
1,000,000
|
NC St Med Care Commn Hlth Care Facs Rev Var Duke Univ Hlth
Sys, Ser B (Mandatory put 06/04/30)
|
5.00%
|
06/01/55
|
1,072,325
|
|
|
2,010,000
|
NC St Med Care Commn Retmnt Facs Rev Deerfield Episcopal
Retmnt Cmnty Proj Temps 70, Ser B-3
|
3.45%
|
11/01/30
|
2,001,281
|
|
|
680,000
|
NC St Med Care Commn Retmnt Facs Rev First Mtge Twin Lakes
Cmnty Temps 50, Ser B-2
|
3.90%
|
01/01/29
|
680,349
|
|
|
1,090,000
|
NC St Med Care Commn Retmnt Facs Rev Temps 50 Penick Vlg
Proj, Ser B-3
|
4.25%
|
09/01/28
|
1,092,358
|
|
|
1,250,000
|
NC St Med Care Commn Retmnt Facs Rev United Methodist
Retmnt Homes Proj Temps 70, Ser B-2
|
3.63%
|
10/01/30
|
1,253,454
|
|
|
95,000
|
NC St Med Care Commn Retmnt Facs Rev United Methodist
Retmnt Homes, Ser 2024B-2 (Temps-50)
|
3.75%
|
10/01/28
|
95,028
|
|
|
170,000
|
Raleigh Durham NC Arpt Auth Arpt Rev Ref, Ser A, AMT
|
5.00%
|
05/01/29
|
180,119
|
|
|
1,500,000
|
Raleigh Durham NC Arpt Auth Arpt Rev Ref, Ser A, AMT
|
5.00%
|
05/01/34
|
1,525,030
|
|
|
1,580,000
|
Raleigh Durham NC Arpt Auth Arpt Rev Ref, Ser A, AMT
|
5.00%
|
05/01/35
|
1,604,967
|
|
|
|
|
18,269,791
|
|||
|
|
North Dakota — 0.3%
|
|
|||
|
2,000,000
|
Cass Cnty ND Jt Wtr Res Dist Ref and Impt, Ser A
|
3.45%
|
04/01/27
|
2,000,337
|
|
|
|
Ohio — 2.3%
|
|
|||
|
800,000
|
Hamilton Cnty OH Hlth Care Rev Ref Life Enriching Cmntys Proj
|
5.00%
|
01/01/31
|
843,214
|
|
|
1,000,000
|
Lancaster OH Port Auth Gas Rev Ref, Ser A (Mandatory put
08/01/30)
|
5.00%
|
02/01/55
|
1,060,754
|
|
|
325,000
|
Montgomery Cnty OH Hlth Care Facs Rev Ref Solvita Proj
|
5.00%
|
09/01/30
|
348,027
|
|
|
350,000
|
Montgomery Cnty OH Hlth Care Facs Rev Ref Solvita Proj
|
5.00%
|
09/01/31
|
378,272
|
|
|
1,000,000
|
OH St Air Quality Dev Auth American Elec Pwr Co Proj Remk, Ser
A (Mandatory put 10/01/29)
|
2.40%
|
12/01/38
|
960,703
|
|
|
4,765,000
|
OH St Air Quality Dev Auth Var Ref Duke Energy Corp Proj,
Ser A, AMT (Mandatory put 06/01/27)
|
4.25%
|
11/01/39
|
4,805,849
|
|
|
765,000
|
OH St Air Quality Dev Auth Var Ref Duke Energy Corp Proj, Ser
B (Mandatory put 06/01/27)
|
4.00%
|
09/01/30
|
772,225
|
|
|
1,770,000
|
OH St Hosp Fac Rev Ref Cleveland Clinic Hlth Sys, Ser A
|
5.00%
|
01/01/33
|
1,830,294
|
|
|
2,000,000
|
OH St Hosp Rev Ref Var Univ Hosps Hlth Sys Inc, Ser C (c)
|
3.35%
|
01/15/51
|
2,000,000
|
|
|
1,000,000
|
OH St Hsg Fin Agy Mf Hsg Rev Var Tylers Creek Apt Proj
(Mandatory put 02/01/30)
|
3.15%
|
01/01/44
|
999,754
|
|
|
|
|
13,999,092
|
|||
|
|
Oklahoma — 0.8%
|
|
|||
|
1,500,000
|
Canadian Cnty OK Eductnl Facs Auth Educ Facs Lease Rev Yukon
Pub Schs Proj
|
5.00%
|
09/01/27
|
1,541,254
|
|
|
1,000,000
|
McClain Cnty OK Indep Sch Dist #1 New Castle Comb Purp
|
5.00%
|
07/01/26
|
1,003,224
|
|
|
270,000
|
OK St Hsg Fin Agy Sf Mtge Rev Ref Homeownership Loan
Prog, Ser A
|
2.75%
|
03/01/29
|
269,122
|
|
|
285,000
|
OK St Hsg Fin Agy Sf Mtge Rev Ref Homeownership Loan
Prog, Ser A
|
2.75%
|
09/01/29
|
283,743
|
|
|
300,000
|
Oklahoma Cnty OK Fin Auth Eductnl Facs Lease Rev Midwest
City De City Pub Schs Proj
|
5.00%
|
10/01/26
|
302,326
|
|
|
Principal
Value
|
Description
|
Stated
Coupon
|
Stated
Maturity
|
Value
|
|
|
MUNICIPAL BONDS (Continued)
|
|||||
|
|
Oklahoma (Continued)
|
|
|||
|
$375,000
|
Tulsa Cnty OK Indl Auth Eductnl Facs Lease Rev Broken Arrow
Pub Schs Proj
|
5.00%
|
09/01/30
|
$403,928
|
|
|
835,000
|
Tulsa Cnty OK Indl Auth Eductnl Facs Lease Rev Broken Arrow
Pub Schs Proj
|
5.00%
|
09/01/31
|
909,690
|
|
|
|
|
4,713,287
|
|||
|
|
Oregon — 0.8%
|
|
|||
|
660,000
|
Astoria OR Hosp Facs Auth Columbia Memorial Hosp Proj
|
5.00%
|
08/01/31
|
712,408
|
|
|
260,000
|
Port of Portland OR Arpt Rev Portland Intl Arpt, Ser 25B, AMT
|
5.00%
|
07/01/27
|
266,814
|
|
|
1,250,000
|
Port of Portland OR Arpt Rev Portland Intl Arpt, Ser 25B, AMT
|
5.00%
|
07/01/34
|
1,309,699
|
|
|
2,000,000
|
Portland OR Swr Sys Rev 2nd Lien, Ser A
|
4.50%
|
05/01/31
|
2,002,284
|
|
|
260,000
|
Salem OR Hosp Fac Auth Rev Ref Capital Manor Proj
|
4.00%
|
05/15/29
|
262,905
|
|
|
100,000
|
Union Cnty OR Hosp Fac Auth Grande Ronde Hosp
|
5.00%
|
07/01/26
|
100,192
|
|
|
|
|
4,654,302
|
|||
|
|
Pennsylvania — 4.1%
|
|
|||
|
1,200,000
|
Adams Cnty PA Gen Auth Rev Ref The Brethren Home Cmnty
Proj, Ser B-2
|
3.60%
|
06/01/29
|
1,200,232
|
|
|
3,000,000
|
Allegheny Cnty PA Hosp Dev Auth Ref Allegheny Hlth Network
Obligated Grp Issue, Ser A
|
5.00%
|
04/01/35
|
3,092,032
|
|
|
450,000
|
Berks Cnty PA Indl Dev Auth Hlthcare Facs Rev Ref Highlands at
Wyomissing, Ser A
|
5.00%
|
05/15/32
|
453,327
|
|
|
2,000,000
|
Chester Cnty PA Indl Dev Auth Nts Avon Grove Chrt Sch
|
5.00%
|
03/01/27
|
2,007,245
|
|
|
2,450,000
|
Lehigh Cnty PA Indl Dev Auth Ref PPL Elec Util Corp Proj
Remk, Ser A
|
3.00%
|
09/01/29
|
2,450,784
|
|
|
2,000,000
|
Montgomery Cnty PA Indl Dev Auth Exempt Facs Rev
Constellation Energy Genration LLC Proj Ref, Ser B
|
4.10%
|
06/01/29
|
2,062,348
|
|
|
500,000
|
PA St Econ Dev Fing Auth Solid Wst Disposal Rev Var Rep Svcs
Inc Proj Remk, Ser B-1, AMT (Mandatory put 07/15/26)
|
2.95%
|
04/01/49
|
499,781
|
|
|
2,060,000
|
PA St Econ Dev Fing Auth Solid Wst Disposal Rev Var Wst Mgmt
Inc Proj Remk, AMT (Mandatory put 07/01/27)
|
4.25%
|
07/01/41
|
2,081,196
|
|
|
1,400,000
|
PA St Econ Dev Fing Auth Solid Wst Disposal Rev Wst Mgmt Inc
Proj Remk, Ser A, AMT (Mandatory put 08/03/26)
|
3.88%
|
08/01/38
|
1,401,960
|
|
|
2,100,000
|
PA St Econ Dev Fing Auth T/E Priv Activity Rev The Penndot
Major Bridges Package One Proj P3 Proj, AMT
|
5.00%
|
12/31/29
|
2,226,290
|
|
|
405,000
|
PA St Ref, 1st Ser
|
5.00%
|
09/15/27
|
408,608
|
|
|
1,380,000
|
PA St Turnpike Commn Turnpike Rev Ref Mtr License Fund Enh
Trn Pke Subord
|
5.00%
|
12/01/30
|
1,397,920
|
|
|
415,000
|
PA St Turnpike Commn Turnpike Rev Ref Sub, Ser A
|
5.00%
|
12/01/36
|
418,957
|
|
|
2,370,000
|
Philadelphia PA Arpt Rev Ref Priv Activity, AMT
|
5.00%
|
07/01/32
|
2,566,634
|
|
|
560,000
|
Philadelphia PA Arpt Rev Ref Priv Activity, Ser B, AMT
|
5.00%
|
07/01/31
|
607,858
|
|
|
865,000
|
Philadelphia PA Gas Wks Rev Ref 1998 General Ordinance,
14th Ser
|
5.00%
|
10/01/29
|
873,013
|
|
|
830,000
|
Philadelphia PA Gas Wks Rev Ref 1998 General Ordinance,
14th Ser
|
5.00%
|
10/01/33
|
837,404
|
|
|
|
|
24,585,589
|
|||
|
|
Puerto Rico — 0.0%
|
|
|||
|
234,000
|
Puerto Rico Sales Tax Fing Corp Sales Tax Rev Restructured,
Ser A-1, CABS
|
(d)
|
07/01/27
|
225,570
|
|
|
|
South Carolina — 1.6%
|
|
|||
|
250,000
|
Berkeley Cnty SC Assmnt Rev Nexton Impt Dist
|
4.00%
|
11/01/30
|
248,878
|
|
|
Principal
Value
|
Description
|
Stated
Coupon
|
Stated
Maturity
|
Value
|
|
|
MUNICIPAL BONDS (Continued)
|
|||||
|
|
South Carolina (Continued)
|
|
|||
|
$2,320,000
|
SC Jobs Econ Dev Auth Envrnmntl Impt Rev Ref Intl Paper Co
Proj Remk, Ser A, AMT
|
3.95%
|
04/01/33
|
$2,313,365
|
|
|
450,000
|
SC St Jobs Econ Dev Auth Econ Dev Rev Ref The Woodlands at
Furman
|
4.00%
|
11/15/27
|
449,494
|
|
|
2,250,000
|
SC St Jobs Econ Dev Auth Hlth Facs Rev Rolling Green Vlg
Proj, Ser B-3
|
4.00%
|
12/01/30
|
2,255,871
|
|
|
250,000
|
SC St Jobs Econ Dev Auth Hlthcare Rev Beaufort Memorial Hosp
& S of Broad Hlthcare Proj
|
5.00%
|
11/15/27
|
255,126
|
|
|
250,000
|
SC St Jobs Econ Dev Auth Hlthcare Rev Beaufort Memorial Hosp
& S of Broad Hlthcare Proj
|
5.00%
|
11/15/28
|
257,972
|
|
|
200,000
|
SC St Jobs Econ Dev Auth Hlthcare Rev Beaufort Memorial Hosp
& S of Broad Hlthcare Proj
|
5.00%
|
11/15/29
|
208,151
|
|
|
225,000
|
SC St Jobs Econ Dev Auth Hlthcare Rev Beaufort Memorial Hosp
& S of Broad Hlthcare Proj
|
5.00%
|
11/15/30
|
235,410
|
|
|
250,000
|
SC St Jobs Econ Dev Auth Hlthcare Rev Beaufort Memorial Hosp
& S of Broad Hlthcare Proj
|
5.00%
|
11/15/31
|
262,969
|
|
|
1,250,000
|
SC St Jobs Econ Dev Auth Hosp Facs Rev Var Ref Bon Secours
Mercy Hlth Inc, Ser B-1 (Mandatory put 11/01/30)
|
5.00%
|
11/01/55
|
1,367,502
|
|
|
1,565,000
|
SC St Jobs Econ Dev Auth Hosp Facs Rev Var Ref Bon Secours
Mercy Hlth Inc, Ser B-2 (Mandatory put 11/01/32)
|
5.00%
|
11/01/49
|
1,754,909
|
|
|
|
|
9,609,647
|
|||
|
|
South Dakota — 0.3%
|
|
|||
|
1,005,000
|
SD St Hlth & Eductnl Facs Auth Ref Westhills Vlg Retmnt Cmnty
Issue, Ser A
|
5.00%
|
09/01/31
|
1,092,662
|
|
|
440,000
|
SD St Hlth & Eductnl Facs Auth Ref Westhills Vlg Retmnt Cmnty
Issue, Ser A
|
5.00%
|
09/01/32
|
482,561
|
|
|
|
|
1,575,223
|
|||
|
|
Tennessee — 2.7%
|
|
|||
|
350,000
|
Met Govt Nashville & Davidson Cnty TN Hlth & Eductnl Fac Brd
Belmont Univ
|
5.00%
|
05/01/28
|
364,047
|
|
|
1,000,000
|
Met Govt Nashville & Davidson Cnty TN Hlth & Eductnl Fac Brd
Vanderbilt Univ Med Ctr, Ser A
|
5.00%
|
07/01/31
|
1,083,043
|
|
|
1,000,000
|
Met Govt Nashville & Davidson Cnty TN Hlth & Eductnl Fac Brd
Var Trinity Flats Apartments Remk, Ser B (Mandatory put
07/01/28)
|
3.65%
|
10/01/46
|
1,008,407
|
|
|
1,500,000
|
Met Nashville TN Arpt Auth Arpt Rev Subord, Ser B, AMT
|
5.00%
|
07/01/36
|
1,577,319
|
|
|
450,000
|
Met Nashville TN Arpt Auth Arpt Rev, Ser B, AMT
|
5.00%
|
07/01/27
|
460,330
|
|
|
2,260,000
|
Tennergy Corp TN Gas Rev, Ser A (Mandatory put 12/01/29)
|
5.00%
|
10/01/54
|
2,384,879
|
|
|
1,490,000
|
TN Hsg Dev Agy Rsdl Fin Prog Rev Non Ace Issue 1C, AMT
|
3.65%
|
07/01/30
|
1,490,278
|
|
|
250,000
|
TN Hsg Dev Agy Rsdl Fin Prog Rev Ref Sustainable Bond, Ser
1 (b)
|
3.00%
|
07/01/30
|
249,978
|
|
|
230,000
|
TN Hsg Dev Agy Rsdl Fin Prog Rev Ref Sustainable Bonds, Ser
2-A
|
3.40%
|
01/01/31
|
229,336
|
|
|
210,000
|
TN Hsg Dev Agy Rsdl Fin Prog Rev Ref Sustainable Bonds, Ser
2-A
|
3.45%
|
07/01/31
|
209,878
|
|
|
1,750,000
|
TN St Energy Acq Corp Gas Rev Gas Proj, Ser A
|
5.00%
|
11/01/33
|
1,870,368
|
|
|
1,500,000
|
TN St Energy Acq Corp Gas Rev Gas Proj, Ser A
|
5.00%
|
11/01/34
|
1,604,421
|
|
|
1,000,000
|
TN St Energy Acq Corp Gas Rev Ref, Ser A
|
5.00%
|
12/01/32
|
1,063,704
|
|
|
Principal
Value
|
Description
|
Stated
Coupon
|
Stated
Maturity
|
Value
|
|
|
MUNICIPAL BONDS (Continued)
|
|||||
|
|
Tennessee (Continued)
|
|
|||
|
$2,500,000
|
TN St Energy Acq Corp Gas Rev Var Ref Gas Proj, Ser A-1
(Mandatory put 05/01/28)
|
5.00%
|
05/01/53
|
$2,573,669
|
|
|
140,000
|
TN St Energy Acq Corp Gas Rev, Ser A
|
5.25%
|
09/01/26
|
140,890
|
|
|
|
|
16,310,547
|
|||
|
|
Texas — 9.3%
|
|
|||
|
750,000
|
Arlington TX Hgr Edu Fin Corp Edu Rev Ref Basis TX Chrt
Schs (a)
|
5.00%
|
06/15/30
|
770,821
|
|
|
250,000
|
Arlington TX Hgr Edu Fin Corp Edu Rev Ref Uplift Edu, Ser A
|
4.00%
|
12/01/30
|
252,191
|
|
|
150,000
|
Arlington TX Hgr Edu Fin Corp Edu Rev Trinity Basin Preparatory
Inc
|
5.00%
|
08/15/27
|
154,042
|
|
|
150,000
|
Arlington TX Hgr Edu Fin Corp Edu Rev Trinity Basin Preparatory
Inc
|
5.00%
|
08/15/28
|
156,967
|
|
|
300,000
|
Celina TX Spl Assmnt Rev Ref The Lakes at Mustang Ranch Pub
Impt Dt Major Impt Area, AG
|
5.00%
|
09/01/27
|
307,854
|
|
|
315,000
|
Celina TX Spl Assmnt Rev Ref The Lakes at Mustang Ranch Pub
Impt Dt Major Impt Area, AG
|
5.00%
|
09/01/29
|
332,515
|
|
|
1,135,000
|
Centrl TX Regl Mobility Auth Rev, Ser C, BANS
|
5.00%
|
01/01/27
|
1,135,943
|
|
|
25,000
|
Club Muni Mgmt Dist #1 TX Spl Assmnt Rev Impt Area #2 Proj (a)
|
2.50%
|
09/01/26
|
24,887
|
|
|
104,000
|
Crandall TX Spl Assmnt Rev Cartwright Ranch Pub Impt Dt Impt
Area #1 Proj (a)
|
3.38%
|
09/15/26
|
103,959
|
|
|
500,000
|
Dallas Fort Worth TX Intl Arpt Rev Ref, Ser B
|
5.00%
|
11/01/27
|
518,070
|
|
|
2,500,000
|
Dallas Fort Worth TX Intl Arpt Rev, Ser A-1, AMT
|
5.00%
|
11/01/31
|
2,725,976
|
|
|
700,000
|
Denton Cnty TX Spl Assmnt Rev Green Meadows Pub Impt Dt
Impt Area #1 Proj (a)
|
4.25%
|
12/31/30
|
697,127
|
|
|
280,000
|
Fort Bend Cnty TX Muni Util Dist #184, BAM
|
6.00%
|
04/01/27
|
287,509
|
|
|
295,000
|
Fort Bend Cnty TX Muni Util Dist #184, BAM
|
6.00%
|
04/01/28
|
303,031
|
|
|
840,000
|
Fort Bend TX Indep Sch Dist Ref
|
5.00%
|
08/15/26
|
845,523
|
|
|
670,000
|
Fort Worth TX Spl Assmnt Rev Walsh Ranch/Quail Vly Impt Area
#1-3 Proj, BAM
|
5.00%
|
09/01/29
|
708,123
|
|
|
560,000
|
Galveston Cnty TX Muni Util Dist #54 Ref
|
2.00%
|
12/01/27
|
538,600
|
|
|
610,000
|
Galveston TX Wharves & Terminal Rev Wharves & Terminal First
Lien, AMT
|
5.25%
|
08/01/28
|
632,931
|
|
|
1,500,000
|
Harris Cnty TX Cultural Edu Facs Fin Corp Med Facs Rev Var
Baylor Clg of Medicine, Ser A (Mandatory put 05/15/32)
|
5.00%
|
11/15/54
|
1,612,587
|
|
|
710,000
|
Harris Cnty TX Cultural Edu Facs Fin Corp Rev Ref Memorial
Hermann Hlth Sys, Ser A
|
5.00%
|
07/01/29
|
758,967
|
|
|
400,000
|
Harris Cnty TX Cultural Edu Facs Fin Corp Rev Ref Memorial
Hermann Hlth Sys, Ser B
|
5.00%
|
07/01/31
|
440,793
|
|
|
750,000
|
Houston TX Arpt Sys Rev Ref Sub, Ser C, AMT
|
5.00%
|
07/01/27
|
767,217
|
|
|
1,835,000
|
Houston TX Arpt Sys Rev Ref Subord Lien, Ser A, AG, AMT
|
5.00%
|
07/01/27
|
1,876,913
|
|
|
1,125,000
|
Houston TX Arpt Sys Rev Ref Subord Lien, Ser A, AG, AMT
|
5.00%
|
07/01/31
|
1,225,619
|
|
|
1,000,000
|
Houston TX Arpt Sys Rev Ref United Airls Inc Arpt Impt Proj,
Ser C, AMT
|
5.00%
|
07/15/27
|
1,015,914
|
|
|
900,000
|
Houston TX Arpt Sys Rev Ref United Airls Inc Terminal Impt
Proj, Ser B-2, AMT
|
5.00%
|
07/15/27
|
914,323
|
|
|
200,000
|
Houston TX Arpt Sys Rev Sub, Ser A, AMT
|
5.00%
|
07/01/28
|
208,779
|
|
|
300,000
|
Houston TX Arpt Sys Rev Sub, Ser A, AMT
|
5.00%
|
07/01/29
|
318,252
|
|
|
1,800,000
|
Houston TX Arpt Sys Rev United Airls Inc Terminal Impt Proj,
Ser B, AMT
|
5.25%
|
07/15/33
|
1,915,379
|
|
|
2,415,000
|
Houston TX Util Sys Rev Ref Subord First Lien, Ser B
|
4.00%
|
11/15/31
|
2,424,190
|
|
|
715,000
|
Kyle TX Spl Assmnt Rev 6 Creeks Pub Impt Dist Impt Area #1 (a)
|
4.13%
|
09/01/29
|
718,142
|
|
|
Principal
Value
|
Description
|
Stated
Coupon
|
Stated
Maturity
|
Value
|
|
|
MUNICIPAL BONDS (Continued)
|
|||||
|
|
Texas (Continued)
|
|
|||
|
$700,000
|
Love Field TX Arpt Modernization Corp Gen Arpt Rev, AMT
|
5.00%
|
11/01/33
|
$705,568
|
|
|
360,000
|
Lower CO River TX Auth Trans Contract Rev Ref LCRA Trans
Svcs Corp Proj
|
5.00%
|
05/15/33
|
360,306
|
|
|
443,000
|
Lowry Crossing TX Spl Assmnt Rev Simpson Road Pub Impt Dist
Proj (a)
|
4.25%
|
09/15/30
|
448,160
|
|
|
2,000,000
|
Matagorda Cnty TX Nav Dist #1 Ref Central Pwr & Light Co Proj
Remk, AMT
|
4.25%
|
05/01/30
|
2,049,505
|
|
|
2,250,000
|
Mesquite TX Hsg Fin Corp Var Palladium Carver Living
(Mandatory put 08/01/27)
|
3.35%
|
08/01/29
|
2,254,999
|
|
|
1,000,000
|
Mission TX Econ Dev Corp Sol Wst Disp Rev Var Ref Wst Mgmt
Inc Proj Remk, Ser B, AMT (Mandatory put 06/01/26)
|
2.88%
|
07/01/40
|
999,556
|
|
|
650,000
|
Mission TX Econ Dev Corp Sol Wst Disp Rev Var Rep Svcs Inc
Proj Remk, Ser A, AMT (Mandatory put 08/03/26)
|
3.00%
|
05/01/50
|
650,000
|
|
|
1,125,000
|
Mission TX Econ Dev Corp Sol Wst Disp Rev Var Sustainable
Bonds Graphic Packaging Inter LLC Proj, AMT (Mandatory put
06/01/30)
|
5.00%
|
12/01/64
|
1,172,027
|
|
|
100,000
|
N Parkway Muni Mgmt Dist #1 TX Contract Rev Legacy Hills Pub
Impt Dt Phase #1A-1B Impts (a)
|
3.00%
|
09/15/26
|
99,702
|
|
|
550,000
|
N TX Hgr Edu Auth Inc Edu Loan Rev Sr, Ser 1A, AMT
|
5.00%
|
06/01/27
|
559,004
|
|
|
600,000
|
N TX Hgr Edu Auth Inc Edu Loan Rev Sr, Ser 1A, AMT
|
5.00%
|
06/01/30
|
627,300
|
|
|
640,000
|
New Hope Cultural Ed Facs Fin Corp TX Retmnt Fac Rev Ref
Brazos Presbyterian Homes Inc Proj
|
5.00%
|
01/01/29
|
662,246
|
|
|
1,115,000
|
New Hope Cultural Ed Facs Fin Corp TX Retmnt Fac Rev Ref
Brazos Presbyterian Homes Inc Proj
|
5.00%
|
01/01/32
|
1,174,449
|
|
|
1,800,000
|
New Hope Cultural Edu Facs Fin Corp TX Hosp Rev Var
Children’s Hlth Sys of TX, Ser C (c)
|
3.40%
|
08/01/55
|
1,800,000
|
|
|
200,000
|
Oak Point TX Spl Assmnt Rev Oak Point 720 Pub Impt Dt Impt
Area #1 Proj (a)
|
4.70%
|
09/15/31
|
201,426
|
|
|
975,000
|
Port Houston TX Auth Ref, Ser A, AMT
|
5.00%
|
10/01/34
|
1,014,090
|
|
|
250,000
|
Princeton TX Spl Assmnt Rev Eastridge Pub Impt Dt Impt Area #3
Proj (a)
|
4.25%
|
09/01/31
|
253,469
|
|
|
300,000
|
Princeton TX Spl Assmnt Rev Eastridge Pub Impt Dt Impt Area No
4 Proj (a)
|
4.25%
|
09/01/30
|
302,573
|
|
|
310,000
|
Rockwall Cnty TX Muni Util Dist #8, AG
|
6.75%
|
10/01/35
|
340,560
|
|
|
2,075,000
|
San Antonio TX Hsg Trust Pub Fac Corp Mf Hsg Rev Var
Palladium San Antonio (Mandatory put 07/01/27)
|
3.45%
|
07/01/29
|
2,085,339
|
|
|
1,340,000
|
Southmost TX Regl Wtr Auth Wtr Sply Contract Rev Ref
Desalination Plant Proj, BAM
|
4.00%
|
09/01/28
|
1,355,514
|
|
|
1,000,000
|
Tarrant Cnty TX Cultural Edu Facs Fin Corp Hosp Rev Ref Baylor
Scott & White Hlth Proj, Ser A
|
5.00%
|
11/15/28
|
1,000,791
|
|
|
680,000
|
Tarrant Cnty TX Cultural Edu Facs Fin Corp Hosp Rev Var Baylor
Scott & White Hlth Proj, Ser E (Mandatory put 05/15/26)
|
5.00%
|
11/15/52
|
680,538
|
|
|
300,000
|
Tarrant Cnty TX Cultural Edu Facs Fin Corp Rev Ref Christus
Hlth, Ser B
|
5.00%
|
07/01/30
|
324,892
|
|
|
950,000
|
Tarrant Cnty TX Cultural Edu Facs Fin Corp Rev Ref Trinity
Terrace Proj
|
5.00%
|
10/01/30
|
1,008,140
|
|
|
995,000
|
Tarrant Cnty TX Cultural Edu Facs Fin Corp Rev Ref Trinity
Terrace Proj
|
5.00%
|
10/01/31
|
1,065,117
|
|
|
1,840,000
|
Tarrant Cnty TX Hsg Fin Corp Var Nts Wildwood Branch
(Mandatory put 02/01/28)
|
3.60%
|
02/01/43
|
1,854,060
|
|
|
500,000
|
Trophy Club TX Pub Impt Dist #1 Spl Assmnt Rev Ref
|
5.00%
|
09/01/28
|
510,802
|
|
|
Principal
Value
|
Description
|
Stated
Coupon
|
Stated
Maturity
|
Value
|
|
|
MUNICIPAL BONDS (Continued)
|
|||||
|
|
Texas (Continued)
|
|
|||
|
$2,690,000
|
TX St Muni Gas Acq & Sply Corp IV, Ser A (Mandatory put
01/01/30)
|
5.50%
|
01/01/54
|
$2,845,828
|
|
|
900,000
|
TX St Muni Pwr Agy Rev Ref, AG
|
3.00%
|
09/01/30
|
891,037
|
|
|
340,000
|
Westpointe Spl Impt Dist TX, BAM
|
5.00%
|
08/15/30
|
366,708
|
|
|
355,000
|
Westpointe Spl Impt Dist TX, BAM
|
5.00%
|
08/15/31
|
387,311
|
|
|
375,000
|
Westpointe Spl Impt Dist TX, BAM
|
5.00%
|
08/15/32
|
412,820
|
|
|
760,000
|
Williamson Cnty TX Muni Util Dist #10 Ref, BAM
|
3.00%
|
08/01/26
|
759,307
|
|
|
|
|
55,916,288
|
|||
|
|
Utah — 2.1%
|
|
|||
|
650,000
|
Salt Lake City UT Arpt Rev, Ser A, AMT
|
5.00%
|
07/01/26
|
652,184
|
|
|
1,300,000
|
Salt Lake City UT Arpt Rev, Ser A, AMT
|
5.00%
|
07/01/28
|
1,330,690
|
|
|
700,000
|
Salt Lake City UT Arpt Rev, Ser A, AMT
|
5.00%
|
07/01/28
|
730,275
|
|
|
1,000,000
|
Salt Lake City UT Arpt Rev, Ser A, AMT
|
5.00%
|
07/01/29
|
1,041,370
|
|
|
5,000,000
|
UT Cnty UT Hosp Rev IHC Hlth Svcs Inc, Ser C (c)
|
3.35%
|
05/15/58
|
5,000,000
|
|
|
1,000,000
|
UT St Associated Muni Pwr Sys Rev Ref Horse Butte Wind, Ser A
|
5.00%
|
09/01/30
|
1,036,895
|
|
|
625,000
|
UT St Associated Muni Pwr Sys Rev Ref Horse Butte Wind, Ser A
|
5.00%
|
09/01/31
|
647,492
|
|
|
2,000,000
|
UT St Hsg Corp Mf Rev Var Silos On 500 (Mandatory put
08/01/27)
|
3.70%
|
08/01/43
|
2,004,556
|
|
|
|
|
12,443,462
|
|||
|
|
Vermont — 0.3%
|
|
|||
|
100,000
|
VT St Econ Dev Auth Solid Wst Disp Rev Var Casella Wst Sys Inc
Remk, AMT (Mandatory put 04/03/28) (a)
|
4.63%
|
04/01/36
|
100,976
|
|
|
1,000,000
|
VT St Econ Dev Auth Solid Wst Disp Rev Var Draw Down
Casella Wste Sys Inc Proj, Ser A-2, AMT (Mandatory put
06/01/32) (a)
|
4.38%
|
06/01/52
|
1,027,127
|
|
|
700,000
|
VT St Hsg Fin Agy Non Ace, Ser B
|
3.75%
|
11/01/32
|
696,923
|
|
|
|
|
1,825,026
|
|||
|
|
Virginia — 1.6%
|
|
|||
|
2,500,000
|
Fairfax Cnty VA Redev & Hsg Auth Mf Hsg Rev Var Dominion
Square N Proj (Mandatory put 01/01/28)
|
5.00%
|
01/01/45
|
2,555,159
|
|
|
600,000
|
Henrico Cnty VA Econ Dev Auth Rsdl Care Fac Rev Ref
Westminster Canterbury Proj
|
5.00%
|
10/01/30
|
612,714
|
|
|
1,000,000
|
Louisa VA Indl Dev Auth Poll Control Rev Var VA Elec & Pwr Co
Proj Remk, Ser A (Mandatory put 10/01/27)
|
3.65%
|
11/01/35
|
1,008,730
|
|
|
2,000,000
|
Richmond VA Redev & Hsg Auth Mf Rev Var Walmsley Gardens
(Mandatory put 09/01/28)
|
3.45%
|
09/01/46
|
2,013,161
|
|
|
535,000
|
VA St Pub Bldg Auth Pub Facs Rev, Ser B, AMT
|
5.00%
|
08/01/33
|
562,394
|
|
|
1,000,000
|
VA St Small Busn Fing Auth Rev Ref Sr Lien 95 Express
Lanes LLC Proj, AMT
|
5.00%
|
07/01/38
|
1,046,480
|
|
|
1,550,000
|
Virginia Beach VA Dev Auth Rsdl Care Fac Rev Temps 50SM
Westminster Canterbury on Chesapeake Bay, Ser B-3
|
5.38%
|
09/01/29
|
1,558,591
|
|
|
|
|
9,357,229
|
|||
|
|
Washington — 0.6%
|
|
|||
|
120,000
|
Energy NW WA Elec Rev Ref Proj 1, Ser A
|
5.00%
|
07/01/26
|
120,452
|
|
|
1,500,000
|
Port of Seattle WA Rev Intermediate Lien, Ser B, AMT
|
5.00%
|
10/01/31
|
1,637,232
|
|
|
1,000,000
|
Port of Seattle WA Rev Intermediate Lien, Ser D, AMT
|
5.00%
|
05/01/27
|
1,020,455
|
|
|
500,000
|
Port of Seattle WA Rev Ref 1st Lien, Ser B, AMT
|
5.00%
|
10/01/28
|
502,224
|
|
|
100,000
|
WA St Hlth Care Facs Auth Ref Seattle Cancer Care Alliance
|
5.00%
|
09/01/27
|
102,817
|
|
|
Principal
Value
|
Description
|
Stated
Coupon
|
Stated
Maturity
|
Value
|
|
|
MUNICIPAL BONDS (Continued)
|
|||||
|
|
Washington (Continued)
|
|
|||
|
$125,000
|
WA St Hsg Fin Commn Mf Hsg Rev Var Creekside Vlg on Vashon
Apartments Proj (Mandatory put 10/01/27)
|
2.70%
|
04/01/44
|
$123,875
|
|
|
350,000
|
WA St Hsg Fin Commn Nonprofit Hsg Rev Ref Emerald Heights
Proj, Ser A
|
5.00%
|
07/01/27
|
356,095
|
|
|
|
|
3,863,150
|
|||
|
|
West Virginia — 0.7%
|
|
|||
|
1,000,000
|
WV St Econ Dev Auth Sol Wst Disp Facs Var Amos Proj
Remk, Ser A, AMT (Mandatory put 09/01/28)
|
3.30%
|
01/01/41
|
1,007,584
|
|
|
2,000,000
|
WV St Econ Dev Auth Sol Wst Disp Facs Var Appalachian Pwr
Comp Amos Proj Remk, Ser B (Mandatory put 06/01/28)
|
3.70%
|
12/01/42
|
2,037,502
|
|
|
1,000,000
|
WV St Econ Dev Auth Sol Wst Disp Facs Var Ref Appalachian
Pwr Co Remk, Ser 2015A (Mandatory put 06/15/28)
|
3.38%
|
03/01/40
|
1,010,011
|
|
|
|
|
4,055,097
|
|||
|
|
Wisconsin — 2.3%
|
|
|||
|
1,750,000
|
Pub Fin Auth WI Edu Rev Pinecrest Acdmy NV Pinecrest Acdmy
Springs Cmps, Ser A (a)
|
4.00%
|
07/15/33
|
1,739,944
|
|
|
335,000
|
Pub Fin Auth WI Eductnl Fac Rev Ref Lindenwood Edu Sys
|
5.00%
|
06/01/28
|
343,634
|
|
|
430,000
|
Pub Fin Auth WI Eductnl Rev Piedmont Cmnty Chrt Sch
|
5.00%
|
06/15/34
|
440,818
|
|
|
125,000
|
Pub Fin Auth WI Hosp Rev Ref Carson Vly Med Ctr, Ser A (a)
|
3.00%
|
12/01/26
|
123,317
|
|
|
4,280,000
|
Pub Fin Auth WI Poll Control Rev Var Ref Duke Energy Progress
Proj, Ser A-1 (Mandatory put 10/01/26)
|
3.30%
|
10/01/46
|
4,281,206
|
|
|
325,000
|
Pub Fin Auth WI Retmnt Fac Rev Ref United Methodist Retmnt
Homes, Ser A
|
4.00%
|
10/01/29
|
333,895
|
|
|
390,000
|
Pub Fin Auth WI Retmnt Fac Rev Ref United Methodist Retmnt
Homes, Ser A
|
4.00%
|
10/01/31
|
404,068
|
|
|
390,000
|
Pub Fin Auth WI Retmnt Fac Rev Ref United Methodist Retmnt
Homes, Ser A
|
4.00%
|
10/01/32
|
402,748
|
|
|
1,655,000
|
Pub Fin Auth WI Sol Wst Disp Rev Ref Wst Mgmt Inc Proj, Ser
A-2, AMT
|
2.88%
|
05/01/27
|
1,644,248
|
|
|
400,000
|
Pub Fin Auth WI Stdt Hsg Rev Sr KSU Bixby Real Estate
Fdtn LLC Proj, Ser A
|
5.00%
|
06/15/30
|
424,900
|
|
|
270,000
|
WI St Hlth & Eductnl Facs Auth Rev Ref Benevolent Corp Cedar
Cmnty
|
5.00%
|
06/01/30
|
283,718
|
|
|
280,000
|
WI St Hlth & Eductnl Facs Auth Rev Ref Benevolent Corp Cedar
Cmnty
|
5.00%
|
06/01/31
|
296,349
|
|
|
1,205,000
|
WI St Hlth & Eductnl Facs Auth Rev Ref Benevolent Corp Cedar
Cmnty Proj
|
5.00%
|
06/01/28
|
1,231,245
|
|
|
1,510,000
|
WI St Hlth & Eductnl Facs Auth Rev Ref Benevolent Corp Cedar
Cmnty Proj
|
5.00%
|
06/01/37
|
1,542,888
|
|
|
|
|
13,492,978
|
|||
|
|
Wyoming — 0.2%
|
|
|||
|
250,000
|
Consol Muni Elec Pwr Sys WY Jt Pwrs Brd Sys Jt Pwrs Brd Ref
Electrical Sys Proj
|
5.00%
|
06/01/26
|
250,420
|
|
|
755,000
|
Consol Muni Elec Pwr Sys WY Jt Pwrs Brd Sys Jt Pwrs Brd Ref
Electrical Sys Proj
|
5.25%
|
06/01/37
|
832,293
|
|
|
|
|
1,082,713
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 98.7%
|
591,081,433
|
|||
|
|
(Cost $587,968,588)
|
|
|||
|
|
Net Other Assets and Liabilities — 1.3%
|
8,033,057
|
|||
|
|
Net Assets — 100.0%
|
$599,114,490
|
|||
|
(a)
|
This security, sold within the terms of a private placement memorandum, is exempt
from registration upon resale under
Rule 144A of the Securities Act of 1933, as amended, and may be resold in transactions
exempt from registration, normally to
qualified institutional buyers. Pursuant to procedures adopted by the Trust’s Board of Trustees, this security has been determined
to be liquid by First Trust Advisors L.P., the Fund’s advisor. Although market instability can result in periods of increased overall
market illiquidity, liquidity for each security is determined based on security specific
factors and assumptions, which require
subjective judgment. At April 30, 2026, securities noted as such amounted to $32,681,939
or 5.5% of net assets.
|
|
(b)
|
When-issued security. The interest rate shown reflects the rate in effect at April
30, 2026. Interest will begin accruing on the
security’s first settlement date.
|
|
(c)
|
Variable rate demand bond. Interest rate is reset periodically by the agent based
on current market conditions.
|
|
(d)
|
Zero coupon security.
|
|
Abbreviations throughout the Portfolio of Investments:
|
|
|
AG
|
– Assured Guaranty, Inc.
|
|
AMT
|
– Alternative Minimum Tax
|
|
BAM
|
– Build America Mutual
|
|
BANS
|
– Bond Anticipation Notes
|
|
CABS
|
– Capital Appreciation Bonds
|
|
COPS
|
– Certificates of Participation
|
|
NATL-RE
|
– National Public Finance Guarantee Corp.
|
|
|
Total
Value at
4/30/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Municipal Bonds*
|
$591,081,433
|
$—
|
$591,081,433
|
$—
|
|
*
|
See Portfolio of Investments for state and territory breakout.
|
|
Principal
Value
|
Description
|
Stated
Coupon
|
Stated
Maturity
|
Value
|
|
|
MUNICIPAL BONDS — 102.5%
|
|||||
|
|
Alabama — 5.3%
|
|
|||
|
$550,000
|
Black Belt Energy Gas Dist AL Gas Prepay Rev Proj #5, Ser A-1
(Mandatory put 10/01/26)
|
4.00%
|
10/01/49
|
$551,916
|
|
|
1,725,000
|
Black Belt Energy Gas Dist AL Gas Proj Rev Bonds Proj No 7,
Ser C-1 (Mandatory put 12/01/26)
|
4.00%
|
10/01/52
|
1,733,180
|
|
|
1,000,000
|
Black Belt Energy Gas Dist AL Gas Proj Rev Proj No 6, Ser B
(Mandatory put 12/01/26)
|
4.00%
|
10/01/52
|
1,004,800
|
|
|
500,000
|
Black Belt Energy Gas Dist AL Gas Proj Rev, Ser A
|
5.00%
|
12/01/27
|
511,095
|
|
|
850,000
|
Black Belt Energy Gas Dist AL Gas Proj Rev, Ser D
|
5.00%
|
08/01/26
|
853,445
|
|
|
1,000,000
|
Black Belt Energy Gas Dist AL Gas Proj Rev, Ser D
|
5.00%
|
08/01/27
|
1,019,927
|
|
|
350,000
|
Black Belt Energy Gas Dist AL Gas Proj Rev, Ser E
|
5.00%
|
07/01/27
|
356,096
|
|
|
700,000
|
Black Belt Energy Gas Dist AL Gas Proj Rev, Ser F
|
5.00%
|
06/01/27
|
709,967
|
|
|
800,000
|
Black Belt Energy Gas Dist AL Gas Proj Rev, Ser F
|
5.00%
|
12/01/27
|
820,735
|
|
|
500,000
|
SE Energy Auth AL Cooperative, Ser B
|
5.00%
|
07/01/26
|
500,599
|
|
|
500,000
|
SE Energy Auth AL Cooperative, Ser B
|
5.00%
|
01/01/27
|
502,548
|
|
|
330,000
|
SE Energy Auth AL Cooperative, Ser C
|
5.00%
|
08/01/26
|
331,504
|
|
|
555,000
|
SE Energy Auth AL Cooperative, Ser C
|
5.00%
|
02/01/27
|
562,577
|
|
|
685,000
|
SE Energy Auth AL Cooperative, Ser E
|
5.00%
|
10/01/27
|
702,938
|
|
|
2,000,000
|
Walker Cnty AL Econ & Indl Dev Auth Sol Wst Disp Rev Var AL
Pwr Co Plant Gorgas Proj, AMT (a)
|
3.53%
|
08/01/63
|
2,000,000
|
|
|
|
|
12,161,327
|
|||
|
|
California — 3.5%
|
|
|||
|
1,000,000
|
CA St Infra & Econ Dev Bank Rev Var Brightline W Passanger
Rail Proj, Ser C, AMT (Mandatory put 11/02/26) (b)
|
3.50%
|
01/01/65
|
999,803
|
|
|
1,500,000
|
CA St Muni Fin Auth Sol Wst Disp Rev Var Ref Rep Svcs Inc Proj
Remk, Ser A, AMT (Mandatory put 10/01/26)
|
2.95%
|
07/01/41
|
1,498,947
|
|
|
1,500,000
|
CA St Muni Fin Auth Sol Wst Disp Rev Var Rep Svcs Inc Proj
Remk, Ser B, AMT (Mandatory put 07/15/26)
|
3.25%
|
07/01/51
|
1,499,469
|
|
|
750,000
|
CA St Poll Control Fin Auth Sol Wst Disp Rev Var Ref Rep Svcs
Inc Proj Remk, AMT (Mandatory put 08/17/26) (b)
|
2.88%
|
07/01/43
|
748,843
|
|
|
1,790,000
|
Los Angeles CA Dept of Arpts Arpt Rev Ref Sub Los Angeles Intl
Arpt P3 Proj, Ser C, AMT
|
5.00%
|
05/15/27
|
1,832,113
|
|
|
1,500,000
|
Los Angeles CA Trans
|
5.00%
|
06/25/26
|
1,505,221
|
|
|
|
|
8,084,396
|
|||
|
|
Colorado — 3.3%
|
|
|||
|
1,000,000
|
Adams & Arapahoe Cntys CO Jt Sch Dist #28J Aurora
|
5.50%
|
12/01/26
|
1,017,132
|
|
|
245,000
|
CO St Hlth Facs Auth Rev Ref Christian Living Cmntys Obligated
Grp (c)
|
5.00%
|
01/01/27
|
247,714
|
|
|
465,000
|
CO St Hlth Facs Auth Rev Ref Christian Living Cmntys Obligated
Grp (c)
|
5.00%
|
01/01/28
|
479,042
|
|
|
250,000
|
CO St Hlth Facs Auth Rev Ref Covenant Living Cmntys and Svcs
|
5.00%
|
12/01/26
|
252,170
|
|
|
255,000
|
CO St Hlth Facs Auth Rev Ref, Ser A
|
5.00%
|
05/15/27
|
258,861
|
|
|
1,460,000
|
Denver City & Cnty CO Arpt Rev Ref Sub Sys, Ser A, AMT
|
5.00%
|
12/01/26
|
1,476,139
|
|
|
500,000
|
Denver City & Cnty CO Sch Dist #1, Ser A
|
5.00%
|
12/01/26
|
507,041
|
|
|
1,600,000
|
Maiker Hsg Partners CO Mf Hsg Rev Var Overlook at Thorton
Remk (Mandatory put 11/01/26)
|
2.75%
|
05/01/42
|
1,599,754
|
|
|
660,000
|
Park Creek Met Dist CO Ltd Property Tax Supported Rev Sr Ref,
AG
|
5.00%
|
12/01/26
|
667,909
|
|
|
1,000,000
|
Park Creek Met Dist CO Ltd Property Tax Supported Rev Sr Ref,
AG
|
5.00%
|
12/01/27
|
1,035,007
|
|
|
|
|
7,540,769
|
|||
|
Principal
Value
|
Description
|
Stated
Coupon
|
Stated
Maturity
|
Value
|
|
|
MUNICIPAL BONDS (Continued)
|
|||||
|
|
Connecticut — 0.5%
|
|
|||
|
$1,250,000
|
Hartford CT Spl Oblig Ref
|
5.00%
|
07/15/26
|
$1,256,167
|
|
|
|
Delaware — 0.2%
|
|
|||
|
400,000
|
DE St Hlth Facs Auth Rev Christiana Care Hlth Sys Obligated Grp
|
5.00%
|
10/01/26
|
403,734
|
|
|
|
District of Columbia — 2.1%
|
|
|||
|
1,145,000
|
Dist of Columbia Hsg Fin Agy Mf Hsg Rev Var Parcel
42 Apartments Proj Remk (Mandatory put 09/01/26)
|
2.88%
|
09/01/41
|
1,143,932
|
|
|
1,000,000
|
Dist of Columbia Hsg Fin Agy Mf Hsg Rev Var Paxton Proj Remk
(Mandatory put 06/01/26)
|
3.35%
|
09/01/40
|
1,000,526
|
|
|
1,500,000
|
Met WA DC Arpts Auth Arpt Sys Rev Ref, Ser A, AMT
|
5.00%
|
10/01/26
|
1,512,753
|
|
|
1,200,000
|
Met WA DC Arpts Auth Arpt Sys Rev Ref, Ser A, AMT
|
5.00%
|
10/01/26
|
1,210,202
|
|
|
|
|
4,867,413
|
|||
|
|
Florida — 8.3%
|
|
|||
|
1,500,000
|
Brevard Cnty FL Hsg Fin Auth Mf Hsg Var Emerald Place
Apartments (Mandatory put 02/01/27)
|
3.30%
|
02/01/28
|
1,502,963
|
|
|
525,000
|
Broward Cnty FL Port Facs Rev, AMT
|
5.00%
|
09/01/27
|
537,427
|
|
|
1,675,000
|
Broward Cnty FL Sch Dist, TANS
|
4.00%
|
06/25/26
|
1,677,770
|
|
|
250,000
|
FL Dev Fin Corp Hlthcare Facs Rev Tampa General Hosp Proj, Ser
A
|
5.00%
|
08/01/27
|
256,840
|
|
|
1,000,000
|
FL St Mid Bay Bridge Auth Ref First Sr Lien, AG
|
5.00%
|
10/01/26
|
1,008,168
|
|
|
645,000
|
FL St Muni Pwr Agy Ref All Requirements Pwr Sply Proj, Ser A
|
5.00%
|
10/01/26
|
650,726
|
|
|
1,000,000
|
Gtr Orlando FL Aviation Auth Arpt Facs Rev, Ser A, AMT (Pre-
refunded maturity 10/01/26)
|
5.00%
|
10/01/41
|
1,008,919
|
|
|
695,000
|
Heritage Harbour FL N CDD Capital Impt Rev Ref Sr Lien, Ser
A-1, AG
|
5.00%
|
05/01/27
|
708,250
|
|
|
500,000
|
Lakeland FL Capital Impt Rev Ref, Ser A
|
5.00%
|
10/01/26
|
504,689
|
|
|
2,690,000
|
Miami-Dade Cnty FL Sch Brd Ref, Ser A, COPS
|
5.00%
|
05/01/26
|
2,690,000
|
|
|
1,250,000
|
Miami-Dade Cnty FL Sch Brd Ref, Ser A, COPS (c)
|
5.00%
|
02/01/27
|
1,269,251
|
|
|
2,000,000
|
Miami-Dade Cnty FL Wtr & Swr Rev Ref, Ser B
|
5.00%
|
10/01/26
|
2,019,090
|
|
|
1,000,000
|
Palm Beach Cnty FL Hsg Fin Auth Mf Hsg Rev Everglade
Townhomes Remk
|
2.80%
|
02/01/27
|
996,415
|
|
|
750,000
|
Palm Beach Cnty FL Sch Brd Ref, Ser A, COPS
|
5.00%
|
08/01/26
|
753,872
|
|
|
865,000
|
Pasco Cnty FL Capital Impt Cigarette Tax Allocation H Lee Moffitt
Cancer Ctr Proj, Ser A, AG
|
5.25%
|
09/01/26
|
871,835
|
|
|
1,000,000
|
Pasco Cnty FL Sch Brd Ref, Ser A, COPS (c)
|
5.00%
|
08/01/27
|
1,027,493
|
|
|
750,000
|
Polk Cnty FL Pub Facs Rev Ref
|
5.00%
|
12/01/26
|
760,386
|
|
|
500,000
|
Seminole Cnty FL Sch Dist Sales Tax Rev, AG
|
5.00%
|
10/01/26
|
504,919
|
|
|
130,000
|
Triple Creek FL CDD Spl Assmnt Vlgs N&P Proj
|
2.50%
|
11/01/26
|
128,942
|
|
|
|
|
18,877,955
|
|||
|
|
Georgia — 1.6%
|
|
|||
|
400,000
|
Atlanta GA Arpt Rev, Ser C, AMT
|
5.00%
|
07/01/27
|
409,832
|
|
|
1,500,000
|
Columbus GA Med Ctr Hosp Auth Var Piedmont Hlthcare Inc
Proj, Ser A (Mandatory put 07/01/26)
|
5.00%
|
07/01/54
|
1,502,487
|
|
|
135,000
|
Main Street Nat Gas Inc GA Gas Rev, Ser A
|
5.50%
|
09/15/26
|
135,996
|
|
|
1,500,000
|
Main Street Nat Gas Inc GA Gas Sply Rev, Ser C (Mandatory put
09/01/26)
|
4.00%
|
03/01/50
|
1,504,082
|
|
|
|
|
3,552,397
|
|||
|
|
Idaho — 0.4%
|
|
|||
|
1,000,000
|
ID St Hlth Facs Auth Hosp Rev Var Che Trinity Hlth Credit Grp
Remk, Ser ID (Mandatory put 08/03/26)
|
2.63%
|
12/01/48
|
1,000,000
|
|
|
Principal
Value
|
Description
|
Stated
Coupon
|
Stated
Maturity
|
Value
|
|
|
MUNICIPAL BONDS (Continued)
|
|||||
|
|
Illinois — 5.7%
|
|
|||
|
$1,000,000
|
Chicago IL O’Hare Intl Arpt Rev Ref, Ser C, AMT
|
5.00%
|
01/01/27
|
$1,013,807
|
|
|
1,400,000
|
Cook Cnty IL High Sch Dist #207 Maine Twp, Ser A
|
5.00%
|
12/01/26
|
1,417,347
|
|
|
800,000
|
Cook Cnty IL Sales Tax Rev Ref
|
5.00%
|
11/15/27
|
828,440
|
|
|
1,175,000
|
DuPage Cnty IL Forest Preserve Dist
|
5.00%
|
11/01/26
|
1,187,978
|
|
|
1,500,000
|
IL St Fin Auth Rev Prerefunded Ref Ascension Hlth Credit Grp,
Ser C (Pre-refunded maturity 02/15/27)
|
4.00%
|
02/15/36
|
1,514,749
|
|
|
1,500,000
|
IL St Sales Tax Rev, Subser A
|
5.00%
|
06/15/27
|
1,532,973
|
|
|
1,000,000
|
IL St, Ser A
|
5.00%
|
12/01/26
|
1,012,419
|
|
|
1,500,000
|
IL St, Ser B
|
5.00%
|
12/01/26
|
1,518,628
|
|
|
1,500,000
|
IL St, Ser B
|
5.25%
|
09/01/27
|
1,546,893
|
|
|
1,115,000
|
Lemont IL Fire Prot Dist
|
5.00%
|
12/30/26
|
1,131,364
|
|
|
425,000
|
Plainfield IL Wtr & Swr Sys Rev Ref
|
5.00%
|
05/01/26
|
425,000
|
|
|
|
|
13,129,598
|
|||
|
|
Indiana — 4.6%
|
|
|||
|
1,575,000
|
Fort Wayne IN Cmnty Schs
|
5.00%
|
01/15/27
|
1,598,500
|
|
|
350,000
|
IN Fin Auth Eductnl Facs Rev Taylor Univ Proj
|
5.00%
|
09/01/26
|
352,161
|
|
|
1,565,000
|
IN St Fin Auth Econ Dev Rev Var Ref Rep Svcs Inc Proj Remk, Ser
A, AMT (Mandatory put 06/01/26)
|
2.90%
|
05/01/28
|
1,564,629
|
|
|
500,000
|
IN St Fin Auth Rev Ref Ascension Sr Credit Grp, Ser A-1
|
5.00%
|
11/15/27
|
516,320
|
|
|
1,000,000
|
IN St Muni Pwr Agy Ref, Ser A, AG
|
5.00%
|
01/01/27
|
1,015,606
|
|
|
1,250,000
|
Indianapolis IN Loc Pub Impt Bond Bank Ref, Ser A
|
5.00%
|
06/01/26
|
1,252,016
|
|
|
500,000
|
N W Allen Cnty IN Schs
|
5.00%
|
07/15/26
|
502,040
|
|
|
625,000
|
N W Allen Cnty IN Schs
|
5.00%
|
01/15/27
|
634,193
|
|
|
1,500,000
|
Perry Twp IN Schs Marion Cnty
|
5.00%
|
01/15/27
|
1,524,390
|
|
|
1,500,000
|
Whiting IN Envrnmntl Facs Rev Ref BP Products N America Inc
Proj, Ser A, AMT (Mandatory put 06/05/26)
|
5.00%
|
12/01/44
|
1,502,813
|
|
|
|
|
10,462,668
|
|||
|
|
Iowa — 0.8%
|
|
|||
|
1,735,000
|
Pefa Inc IA Gas Proj Rev (Mandatory put 09/01/26)
|
5.00%
|
09/01/49
|
1,745,075
|
|
|
|
Kansas — 0.7%
|
|
|||
|
1,500,000
|
Olathe KS Temp Nts, Ser A
|
5.00%
|
09/01/26
|
1,511,263
|
|
|
|
Kentucky — 1.3%
|
|
|||
|
375,000
|
KY St Property & Bldgs Commn Rev Proj #133, Ser A
|
5.00%
|
09/01/26
|
377,755
|
|
|
275,000
|
KY St Property & Bldgs Commn Rev Ref Proj #133, Ser B
|
5.00%
|
09/01/26
|
277,021
|
|
|
615,000
|
KY St Pub Energy Auth Gas Sply Rev Ref, Ser B
|
5.00%
|
08/01/26
|
617,307
|
|
|
1,750,000
|
Trimble Cnty KY Envrnmntl Facs Rev Var Louisville Gas & Elec
Co Proj, Ser A, AMT (Mandatory put 06/01/27)
|
4.70%
|
06/01/54
|
1,768,059
|
|
|
|
|
3,040,142
|
|||
|
|
Louisiana — 0.5%
|
|
|||
|
1,110,000
|
Regl Transit Auth LA Sales Tax Rev Ref, Ser A, AG
|
5.00%
|
01/01/27
|
1,126,804
|
|
|
|
Maryland — 2.4%
|
|
|||
|
600,000
|
MD St Hlth & Hgr Eductnl Facs Auth Rev Ref Medstar Hlth
Issue, Ser A
|
5.00%
|
08/15/26
|
603,840
|
|
|
535,000
|
MD St Hlth & Hgr Eductnl Facs Auth Rev Ref Medstar Hlth
Issue, Ser A
|
5.00%
|
08/15/27
|
550,929
|
|
|
1,000,000
|
MD St Hlth & Hgr Eductnl Facs Auth Rev Ref Medstar Hlth
Issue, Ser C
|
5.00%
|
08/15/27
|
1,029,774
|
|
|
1,780,000
|
MD St Hlth & Hgr Eductnl Facs Auth Rev Ref Meritus Hlth Issue
|
5.00%
|
07/01/27
|
1,825,408
|
|
|
Principal
Value
|
Description
|
Stated
Coupon
|
Stated
Maturity
|
Value
|
|
|
MUNICIPAL BONDS (Continued)
|
|||||
|
|
Maryland (Continued)
|
|
|||
|
$400,000
|
MD St Hlth & Hgr Eductnl Facs Auth Rev Ref The Johns Hopkins
Hlth Sys Issue, Ser A
|
5.00%
|
05/15/26
|
$400,343
|
|
|
300,000
|
MD St Hlth & Hgr Eductnl Facs Auth Rev Ref The Johns Hopkins
Hlth Sys Issue, Ser A
|
5.00%
|
05/15/27
|
307,245
|
|
|
750,000
|
MD St Hlth & Hgr Eductnl Facs Auth Rev Ref Univ of MD Med
Sys Issue, Ser A
|
5.00%
|
07/01/26
|
752,609
|
|
|
|
|
5,470,148
|
|||
|
|
Massachusetts — 4.4%
|
|
|||
|
1,500,000
|
Fall River MA, BANS
|
4.00%
|
01/29/27
|
1,513,501
|
|
|
1,000,000
|
Hudson MA, BANS
|
5.00%
|
06/11/26
|
1,001,086
|
|
|
1,000,000
|
MA St Dev Fin Agy Rev Lasell Vlg Inc
|
5.00%
|
07/01/26
|
1,002,413
|
|
|
1,000,000
|
MA St Dev Fin Agy Rev Ref Beth Israel Lahey Hlth Issue, Ser N,
AG
|
5.00%
|
07/01/27
|
1,026,324
|
|
|
450,000
|
MA St Dev Fin Agy Rev Ref Emerson Clg Issue
|
5.00%
|
01/01/27
|
454,127
|
|
|
2,000,000
|
MA St Port Auth Ref, Ser A, AMT
|
5.00%
|
07/01/27
|
2,047,304
|
|
|
1,500,000
|
Peabody MA, BANS
|
4.00%
|
07/10/26
|
1,503,318
|
|
|
1,500,000
|
Quincy MA, BANS
|
5.00%
|
07/24/26
|
1,507,513
|
|
|
|
|
10,055,586
|
|||
|
|
Michigan — 4.0%
|
|
|||
|
750,000
|
Grand Rapids MI Wtr Sply Sys Rev Ref
|
5.00%
|
01/01/27
|
761,454
|
|
|
1,250,000
|
MI St Fin Auth Rev Nts, Ser A-2
|
5.00%
|
08/20/26
|
1,258,134
|
|
|
1,000,000
|
MI St Fin Auth Rev Ref Pub Lighting Auth Ref Loc Proj, Ser A,
BAM
|
5.00%
|
07/01/27
|
1,025,743
|
|
|
1,000,000
|
MI St Fin Auth Rev Var Hosp Che Trinity Hlth Cr Grp Remk, Ser
MI-1 (Mandatory put 06/01/26)
|
2.40%
|
12/01/34
|
1,000,000
|
|
|
1,115,000
|
MI St Hosp Fin Auth Ref Bronson Hlthcare Grp Inc, Ser A
|
5.00%
|
05/15/27
|
1,140,770
|
|
|
680,000
|
MI St Hosp Fin Auth Ref Bronson Hlthcare Grp Inc, Ser B
|
5.00%
|
05/15/27
|
695,716
|
|
|
1,000,000
|
MI St Hsg Dev Auth Mf Hsg Rev Var Countryside Townhouses
(Mandatory put 05/01/27)
|
2.92%
|
05/01/29
|
997,658
|
|
|
1,500,000
|
MI St Hsg Dev Auth Sf Mtge Rev, Ser A
|
2.80%
|
12/01/27
|
1,498,723
|
|
|
655,000
|
Stockbridge MI Cmnty Schs Ref, Ser I (c)
|
5.00%
|
05/01/27
|
671,304
|
|
|
|
|
9,049,502
|
|||
|
|
Minnesota — 0.8%
|
|
|||
|
385,000
|
MN St Agric & Econ Dev Brd Hlth Care Sys Rev Ref Fairview
Hlth Svcs, Ser A (c)
|
5.00%
|
11/15/27
|
396,505
|
|
|
500,000
|
MN St Hsg Fin Agy, Ser C
|
4.00%
|
02/01/27
|
501,053
|
|
|
1,000,000
|
Saint Cloud MN Hlth Care Rev Ref Centracare Hlth Sys (c)
|
5.00%
|
05/01/27
|
1,020,993
|
|
|
|
|
1,918,551
|
|||
|
|
Missouri — 3.2%
|
|
|||
|
855,000
|
MO St Hlth & Eductnl Facs Auth Hlth Facs Rev Ref Coxhealth
Obligated Grp, Ser B
|
5.00%
|
11/15/26
|
864,270
|
|
|
1,000,000
|
MO St Hlth & Eductnl Facs Auth Hlth Facs Rev Ref Coxhealth
Obligated Grp, Ser B
|
5.00%
|
11/15/27
|
1,031,570
|
|
|
1,200,000
|
MO St Hlth & Eductnl Facs Auth Hlth Facs Rev Var Ref BJC Hlth
Sys, Ser B (Mandatory put 05/01/26)
|
4.00%
|
05/01/51
|
1,200,000
|
|
|
1,750,000
|
MO St Hwy & Transprtn Commn St Road Rev Third Lien St Road
Bonds, Ser A
|
5.00%
|
05/01/26
|
1,750,000
|
|
|
1,500,000
|
MO St Pub Utils Commn Rev Ref Interim Constr Nts
|
4.00%
|
10/01/27
|
1,517,147
|
|
|
1,000,000
|
Saint Louis MO Arpt Rev Ref St Louis Lambert Intl Arpt, Ser C
|
5.00%
|
07/01/26
|
1,003,343
|
|
|
|
|
7,366,330
|
|||
|
Principal
Value
|
Description
|
Stated
Coupon
|
Stated
Maturity
|
Value
|
|
|
MUNICIPAL BONDS (Continued)
|
|||||
|
|
Nebraska — 0.9%
|
|
|||
|
$1,000,000
|
McCook NE, BANS
|
4.50%
|
09/01/27
|
$1,005,948
|
|
|
1,000,000
|
Omaha NE Pub Facs Corp Lease Rev Ref, Ser B
|
5.00%
|
04/15/27
|
1,023,506
|
|
|
|
|
2,029,454
|
|||
|
|
Nevada — 0.5%
|
|
|||
|
1,100,000
|
Clark Cnty NV Arpt Rev Ref Subord, Ser A
|
5.00%
|
07/01/26
|
1,103,547
|
|
|
|
New Hampshire — 1.5%
|
|
|||
|
3,500,000
|
Natl Fin Auth NH Sol Wst Disp Rev Var Ref Wst Mgmt Inc Proj
Remk, Ser A- 3, AMT (Mandatory put 07/01/26)
|
4.00%
|
07/01/33
|
3,501,788
|
|
|
|
New Jersey — 5.1%
|
|
|||
|
1,000,000
|
Bergen Cnty NJ Impt Auth Nts Cnty Guaranteed Governmental
Pooled Proj, Ser A
|
4.00%
|
05/21/26
|
1,000,672
|
|
|
1,000,000
|
Hudson Cnty NJ Impt Auth Nts Loc Unit Loan Prog, Ser B-1
|
4.00%
|
06/24/26
|
1,001,489
|
|
|
1,000,000
|
Jersey City NJ Muni Utils Auth Wtr Proj Nts Ser A
|
4.00%
|
04/30/27
|
1,013,783
|
|
|
1,500,000
|
Jersey City NJ Redev Agy Nts Bayfront Redev Proj, Ser A
|
5.00%
|
12/09/26
|
1,520,725
|
|
|
1,250,000
|
Metuchen NJ, Ser A, BANS
|
4.00%
|
07/07/26
|
1,252,845
|
|
|
1,205,000
|
Newark NJ Ref, Ser A
|
5.00%
|
07/15/27
|
1,233,745
|
|
|
1,000,000
|
NJ St Covid-19 GO Emergency Bonds, Ser A
|
5.00%
|
06/01/26
|
1,001,851
|
|
|
2,000,000
|
NJ St Econ Dev Auth Rev Ref Sch Facs Constr, Ser GGG (b)
|
5.25%
|
09/01/26
|
2,015,400
|
|
|
1,500,000
|
Voorhees Twp NJ, Ser A, BANS
|
4.00%
|
09/17/26
|
1,506,727
|
|
|
|
|
11,547,237
|
|||
|
|
New Mexico — 0.7%
|
|
|||
|
1,000,000
|
NM Fin Auth Rev Subord Pub Proj, Ser C
|
5.00%
|
12/15/26
|
1,015,040
|
|
|
475,000
|
NM St Muni Energy Acq Auth Gas Sply Ref
|
5.00%
|
05/01/26
|
475,000
|
|
|
|
|
1,490,040
|
|||
|
|
New York — 5.3%
|
|
|||
|
1,008,317
|
Amherst NY Centrl Sch Dist, BANS
|
4.00%
|
08/05/26
|
1,011,813
|
|
|
1,500,000
|
Heuvelton NY Centrl Sch Dist, BANS
|
4.00%
|
06/18/26
|
1,502,119
|
|
|
1,030,000
|
Met Transprtn Auth NY Rev Ref Climate Bond Certified
Sustainable, Ser B
|
5.00%
|
11/15/26
|
1,042,939
|
|
|
1,357,020
|
N Syracuse NY Centrl Sch Dist, Ser A, BANS
|
4.00%
|
07/31/26
|
1,360,898
|
|
|
1,250,000
|
NY St Dorm Auth Revs Non St Supported Debt Northwell Hlth
Obligated Grp, Ser B-3 (Mandatory put 05/01/26)
|
5.00%
|
05/01/48
|
1,250,000
|
|
|
1,250,000
|
NY St Dorm Auth Revs Non St Supported Debt Sch Districts Rev
Bond Fing Prog, Ser A
|
5.00%
|
10/01/26
|
1,262,715
|
|
|
375,000
|
Port Auth of NY & NJ NY Ref, Ser 242, AMT
|
5.00%
|
12/01/26
|
379,974
|
|
|
1,500,000
|
Selkirk Fire Dist NY, BANS
|
4.25%
|
08/28/26
|
1,507,188
|
|
|
1,500,000
|
Triborough NY Bridge & Tunnel Auth Payroll Mobility Tax,
Ser B-1, BANS
|
5.00%
|
03/15/27
|
1,530,766
|
|
|
1,250,000
|
Waterloo NY Centrl Sch Dist, BANS
|
3.75%
|
07/30/26
|
1,253,137
|
|
|
|
|
12,101,549
|
|||
|
|
North Carolina — 2.6%
|
|
|||
|
1,000,000
|
Charlotte Mecklenburg NC Hosp Auth Hlth Care Sys Rev Var
Atrium Hlth Remk, Ser B (Mandatory put 06/15/27)
|
3.25%
|
01/15/50
|
1,003,682
|
|
|
1,500,000
|
Cumberland Cnty NC Indl Facs & Poll Control Fing Auth Sol WS
Var Proj Aero Remk, AMT (Mandatory put 12/01/26)
|
3.13%
|
12/01/27
|
1,497,705
|
|
|
1,500,000
|
NC St Grant Anticipation Rev Ref, GARVEE
|
5.00%
|
03/01/27
|
1,529,471
|
|
|
1,490,000
|
Raleigh Durham NC Arpt Auth Arpt Rev Ref, Ser A, AMT
|
5.00%
|
05/01/26
|
1,490,000
|
|
|
400,000
|
Sampson Cnty NC Ltd Oblig Ref
|
5.00%
|
12/01/27
|
413,688
|
|
|
|
|
5,934,546
|
|||
|
Principal
Value
|
Description
|
Stated
Coupon
|
Stated
Maturity
|
Value
|
|
|
MUNICIPAL BONDS (Continued)
|
|||||
|
|
Ohio — 6.7%
|
|
|||
|
$1,810,000
|
Allen Cnty OH Hosp Facs Rev Ref, Ser A
|
5.00%
|
08/01/26
|
$1,819,026
|
|
|
385,000
|
Franklin Cnty OH Hosp Facs Rev Nationwide Childrens Hosp
Ref, Ser A
|
5.00%
|
11/01/26
|
389,310
|
|
|
300,000
|
Franklin Cnty OH Hosp Facs Rev Nationwide Childrens Hosp
Ref, Ser A
|
5.00%
|
11/01/27
|
310,258
|
|
|
280,000
|
Hamilton Cnty OH Hlth Care Rev Ref Life Enriching Cmntys Proj
|
5.00%
|
01/01/27
|
282,565
|
|
|
300,000
|
Hamilton Cnty OH Hlth Care Rev Ref Life Enriching Cmntys Proj
|
5.00%
|
01/01/28
|
306,899
|
|
|
1,500,000
|
Hamilton Cnty OH Sales Tax Paycor Stadium Impt Proj Subord,
BANS
|
5.00%
|
12/01/26
|
1,519,622
|
|
|
1,750,000
|
Huber Heights OH, BANS
|
5.00%
|
06/25/26
|
1,754,631
|
|
|
1,440,000
|
Lakewood OH Nts
|
4.00%
|
04/07/27
|
1,450,790
|
|
|
600,000
|
Milford OH Exempt Vlg Sch Dist Ref
|
5.00%
|
12/01/26
|
607,784
|
|
|
340,000
|
Montgomery Cnty OH Hlth Care Facs Rev Ref Solvita Proj
|
5.00%
|
09/01/26
|
342,020
|
|
|
1,500,000
|
OH St Air Quality Dev Auth American Elec Pwr Co Proj Ref
Remk, Ser 2014-D
|
3.20%
|
05/01/26
|
1,500,000
|
|
|
2,000,000
|
OH St Air Quality Dev Auth Var Ref Duke Energy Corp Proj,
Ser A, AMT (Mandatory put 06/01/27)
|
4.25%
|
11/01/39
|
2,017,146
|
|
|
2,000,000
|
OH St Hosp Rev Ref Var Univ Hosps Hlth Sys Inc, Ser C (a)
|
3.35%
|
01/15/51
|
2,000,000
|
|
|
1,000,000
|
OH St Hsg Fin Agy Mf Hsg Rev Var Shevchenko Manor Proj, Ser
B (Mandatory put 06/01/26)
|
5.00%
|
06/01/27
|
1,001,698
|
|
|
|
|
15,301,749
|
|||
|
|
Oklahoma — 0.4%
|
|
|||
|
750,000
|
Tulsa Cnty OK Indl Auth Eductnl Facs Lease Rev Owasso Pub Sch
Proj
|
5.00%
|
09/01/26
|
754,883
|
|
|
250,000
|
Tulsa Cnty OK Indl Auth Eductnl Facs Lease Rev Owasso Pub Sch
Proj
|
5.00%
|
09/01/27
|
256,776
|
|
|
|
|
1,011,659
|
|||
|
|
Oregon — 0.5%
|
|
|||
|
1,000,000
|
Medford OR Hosp Facs Auth Rev Ref Asante Proj, Ser A
|
5.00%
|
08/15/27
|
1,027,975
|
|
|
|
Pennsylvania — 3.3%
|
|
|||
|
1,310,000
|
Cmwlth Fing Auth PA Tobacco Master Stlmt Payment Rev Bonds
|
5.00%
|
06/01/26
|
1,312,469
|
|
|
500,000
|
PA St Econ Dev Fing Auth Solid Wst Disposal Rev Var Rep Svcs
Inc Proj Remk, Ser B-1, AMT (Mandatory put 07/15/26)
|
2.95%
|
04/01/49
|
499,781
|
|
|
1,000,000
|
PA St Econ Dev Fing Auth Solid Wst Disposal Rev Var Wst Mgmt
Inc Proj Remk, AMT (Mandatory put 08/03/26)
|
3.00%
|
08/01/45
|
1,000,000
|
|
|
1,115,000
|
PA St Econ Dev Fing Auth UPMC Rev Ref UPMC Obligated
Grp, Ser A
|
5.00%
|
12/15/27
|
1,151,592
|
|
|
400,000
|
PA St Econ Dev Fing Auth UPMC Rev Ref UPMC Obligated
Grp, Ser B
|
5.00%
|
03/15/27
|
406,952
|
|
|
1,045,000
|
Philadelphia PA Arpt Rev Ref, Ser B, AMT
|
5.00%
|
07/01/27
|
1,068,990
|
|
|
2,000,000
|
Tender Option Bond Trust Recpts / Ctfs Various States JPM Putters
Xm1120, AG (a) (b)
|
3.47%
|
10/01/26
|
2,000,000
|
|
|
|
|
7,439,784
|
|||
|
|
Rhode Island — 1.2%
|
|
|||
|
1,500,000
|
Bristol Warren RI Regl Sch Dist, Ser 1, BANS
|
5.00%
|
06/04/26
|
1,502,804
|
|
|
1,250,000
|
S Kingstown RI, Ser 1, BANS
|
4.00%
|
06/25/26
|
1,252,206
|
|
|
|
|
2,755,010
|
|||
|
|
South Carolina — 1.0%
|
|
|||
|
400,000
|
Rock Hill SC Util Sys Rev Ref
|
5.00%
|
01/01/27
|
405,816
|
|
|
Principal
Value
|
Description
|
Stated
Coupon
|
Stated
Maturity
|
Value
|
|
|
MUNICIPAL BONDS (Continued)
|
|||||
|
|
South Carolina (Continued)
|
|
|||
|
$375,000
|
Rock Hill SC Util Sys Rev Ref
|
5.00%
|
01/01/28
|
$388,954
|
|
|
1,500,000
|
SC St Jobs Econ Dev Auth Hosp Rev Ref Prisma Hlth Obligated
Grp, Ser A
|
5.00%
|
05/01/26
|
1,500,000
|
|
|
|
|
2,294,770
|
|||
|
|
South Dakota — 0.7%
|
|
|||
|
1,045,000
|
SD St Hlth & Eductnl Facs Auth Ref Vocational Edu Prog
|
5.00%
|
08/01/26
|
1,050,660
|
|
|
475,000
|
SD St Hlth & Eductnl Facs Auth Ref Westhills Vlg Retmnt Cmnty
Issue, Ser A
|
5.00%
|
09/01/26
|
477,885
|
|
|
|
|
1,528,545
|
|||
|
|
Tennessee — 1.3%
|
|
|||
|
1,570,000
|
Chattanooga TN Hlth Eductnl & Hsg Fac Brd Rev Ref
Commonspirit Hlth, Ser A-1
|
5.00%
|
08/01/26
|
1,577,869
|
|
|
1,500,000
|
Met Govt Nashville & Davidson Cnty TN Hlth & Eductnl Fac Brd
Var Parkwood Villa Apts (Mandatory put 12/01/27)
|
3.15%
|
12/01/42
|
1,502,349
|
|
|
|
|
3,080,218
|
|||
|
|
Texas — 10.5%
|
|
|||
|
255,000
|
Austin TX Arpt Sys Rev Ref, AMT
|
5.00%
|
11/15/26
|
257,614
|
|
|
380,000
|
Austin TX Arpt Sys Rev Ref, AMT
|
5.00%
|
11/15/27
|
391,475
|
|
|
1,500,000
|
Centrl TX Regl Mobility Auth Rev, Ser C, BANS
|
5.00%
|
01/01/27
|
1,501,246
|
|
|
2,000,000
|
Dallas Fort Worth TX Intl Arpt Rev, Ser A-1, AMT
|
5.00%
|
11/01/27
|
2,059,447
|
|
|
895,000
|
Eagle Mountain & Saginaw TX Indep Sch Dist Ref, Ser A
|
5.00%
|
08/15/26
|
901,119
|
|
|
550,000
|
El Paso TX Indep Sch Dist Ref, Ser B
|
5.00%
|
08/15/26
|
553,472
|
|
|
1,000,000
|
Harris Cnty Houston TX Sports Auth Rev Ref Sr Lien, Ser A, AG
|
5.00%
|
11/15/26
|
1,011,433
|
|
|
1,000,000
|
Harris Cnty TX Cultural Edu Facs Fin Corp Rev Var Ref Memorial
Hermann Hlth Sys, Ser C-3 (Mandatory put 12/01/26)
|
5.00%
|
06/01/32
|
1,012,973
|
|
|
1,000,000
|
Houston TX Arpt Sys Rev Ref United Airls Inc Arpt Impt Proj,
Ser C, AMT
|
5.00%
|
07/15/27
|
1,015,914
|
|
|
700,000
|
Kyle TX, AG
|
5.00%
|
08/15/26
|
704,582
|
|
|
1,000,000
|
Legacy Denton Pub Fac Corp Mf Hsg Rev Var Vintage Ranch
Remk (Mandatory put 04/01/27)
|
2.96%
|
04/01/43
|
998,369
|
|
|
750,000
|
Lower CO River TX Auth Rev Ref, Ser A
|
5.00%
|
05/15/26
|
750,653
|
|
|
600,000
|
Lower CO River TX Auth Rev Ref, Ser A
|
5.00%
|
05/15/27
|
614,800
|
|
|
500,000
|
Lower CO River TX Auth Trans Contract Rev Ref LCRA Trans
Svcs Corp Proj, Ser A
|
5.00%
|
05/15/27
|
512,334
|
|
|
2,000,000
|
Mission TX Econ Dev Corp Sol Wst Disp Rev Var Ref Wst Mgmt
Inc Proj Remk, Ser B, AMT (Mandatory put 06/01/26)
|
2.88%
|
07/01/40
|
1,999,113
|
|
|
850,000
|
Mission TX Econ Dev Corp Sol Wst Disp Rev Var Rep Svcs Inc
Proj Remk, Ser A, AMT (Mandatory put 08/03/26)
|
3.00%
|
05/01/50
|
850,000
|
|
|
2,000,000
|
N TX Tollway Auth Rev Ref Second Tier Bond Subord, Ser B
|
5.00%
|
01/01/27
|
2,029,345
|
|
|
600,000
|
New Hope Cultural Ed Facs Fin Corp TX Retmnt Fac Rev Ref
Brazos Presbyterian Homes Inc Proj
|
5.00%
|
01/01/27
|
605,101
|
|
|
500,000
|
New Hope Cultural Ed Facs Fin Corp TX Retmnt Fac Rev Ref
Brazos Presbyterian Homes Inc Proj
|
5.00%
|
01/01/28
|
511,091
|
|
|
460,000
|
San Antonio TX Elec & Gas Rev Ref, Ser B
|
5.00%
|
02/01/27
|
468,276
|
|
|
1,745,000
|
Tarrant Cnty TX Cultural Edu Facs Fin Corp Hosp Rev Methodist
Hosps of Dallas
|
5.00%
|
10/01/27
|
1,800,759
|
|
|
1,000,000
|
TX St Affordable Hsg Corp Mf Hsg Rev La Vista De Lopez
Apartment Remk
|
2.80%
|
02/01/27
|
997,978
|
|
|
1,000,000
|
TX St Dept of Hsg & Cmnty Affairs Mf Hsg Rev Var Gulfway
Manor (Mandatory put 08/01/26)
|
3.25%
|
08/01/28
|
1,000,272
|
|
|
Principal
Value
|
Description
|
Stated
Coupon
|
Stated
Maturity
|
Value
|
|
|
MUNICIPAL BONDS (Continued)
|
|||||
|
|
Texas (Continued)
|
|
|||
|
$415,000
|
TX St Muni Gas Acq & Sply Corp V Gas Sply Rev (c)
|
5.00%
|
04/01/27
|
$421,088
|
|
|
500,000
|
Upper Trinity TX Regl Wtr Dist Wtr Rev Ref, BAM
|
5.00%
|
08/01/26
|
502,695
|
|
|
530,000
|
Upper Trinity TX Regl Wtr Dist Wtr Rev Ref, BAM
|
5.00%
|
08/01/27
|
544,964
|
|
|
|
|
24,016,113
|
|||
|
|
Utah — 1.0%
|
|
|||
|
300,000
|
Downtown Revitalization Pub Infra Dist UT Sales First Lien Seg
Redev Proj, Ser A, AG
|
5.00%
|
06/01/27
|
307,166
|
|
|
2,000,000
|
Salt Lake City UT Arpt Rev, Ser A, AMT
|
5.00%
|
07/01/26
|
2,006,720
|
|
|
|
|
2,313,886
|
|||
|
|
Virginia — 1.6%
|
|
|||
|
1,000,000
|
Arlington Cnty VA Indl Dev Auth Mf Rev Var Barcroft Charlie 2
and Barcroft Bravo 5 (Mandatory put 02/01/27)
|
3.10%
|
12/01/55
|
1,000,004
|
|
|
1,500,000
|
Richmond VA Redev & Hsg Auth Mf Rev Var Joyfield at German
Sch Road (Mandatory put 12/01/26)
|
3.10%
|
12/01/55
|
1,500,027
|
|
|
1,085,000
|
VA Hsg Dev Auth Var, Ser G (Mandatory put 04/01/27)
|
3.13%
|
07/01/56
|
1,084,972
|
|
|
|
|
3,585,003
|
|||
|
|
Washington — 0.9%
|
|
|||
|
400,000
|
King Cnty WA Pub Hosp Dist #2 Evergreen Hlth
|
5.00%
|
12/01/27
|
413,562
|
|
|
1,000,000
|
Port of Seattle WA Rev, Ser A, AMT
|
5.00%
|
05/01/27
|
1,020,455
|
|
|
650,000
|
WA St Hlth Care Facs Auth Ref Commonspirit Hlth, Ser A
|
5.00%
|
09/01/26
|
654,384
|
|
|
|
|
2,088,401
|
|||
|
|
West Virginia — 0.7%
|
|
|||
|
1,650,000
|
WV St Hsg Dev Fund Mf Hsg Rev Var Highlawn Place (Mandatory
put 02/01/28)
|
2.88%
|
11/01/28
|
1,646,343
|
|
|
|
Wisconsin — 2.5%
|
|
|||
|
1,520,000
|
PMA Levy & Aid Antic Nts Prog WI Nts Anticipation Notes
Prog, Ser B
|
5.00%
|
09/24/26
|
1,531,635
|
|
|
1,000,000
|
Pub Fin Auth WI Edu Rev Prerefunded NC Chrt Eductnl Fdtn
Proj, Ser A (Pre-refunded maturity 06/15/26) (b)
|
5.00%
|
06/15/36
|
1,001,935
|
|
|
200,000
|
Pub Fin Auth WI Eductnl Fac Rev Ref Lindenwood Edu Sys
|
5.00%
|
06/01/27
|
202,677
|
|
|
750,000
|
Pub Fin Auth WI Hosp Rev Ref Renown Regl Med Ctr Proj, Ser A
|
5.00%
|
06/01/27
|
767,430
|
|
|
1,000,000
|
Racine WI Prom Nts
|
4.50%
|
03/15/27
|
1,001,158
|
|
|
700,000
|
W Bend WI Jt Sch Dist #1 Prom Nts
|
4.00%
|
10/01/26
|
703,600
|
|
|
600,000
|
W Bend WI Jt Sch Dist #1 Prom Nts
|
4.00%
|
04/01/27
|
607,232
|
|
|
|
|
5,815,667
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 102.5%
|
234,233,109
|
|||
|
|
(Cost $234,366,789)
|
|
|||
|
|
Net Other Assets and Liabilities — (2.5)%
|
(5,702,788
)
|
|||
|
|
Net Assets — 100.0%
|
$228,530,321
|
|||
|
(a)
|
Variable rate demand bond. Interest rate is reset periodically by the agent based
on current market conditions.
|
|
(b)
|
This security, sold within the terms of a private placement memorandum, is exempt
from registration upon resale under
Rule 144A of the Securities Act of 1933, as amended, and may be resold in transactions
exempt from registration, normally to
qualified institutional buyers. Pursuant to procedures adopted by the Trust’s Board of Trustees, this security has been determined
to be liquid by First Trust Advisors L.P., the Fund’s advisor. Although market instability can result in periods of increased overall
market illiquidity, liquidity for each security is determined based on security specific
factors and assumptions, which require
subjective judgment. At April 30, 2026, securities noted as such amounted to $6,765,981
or 3.0% of net assets.
|
|
(c)
|
When-issued security. The interest rate shown reflects the rate in effect at April
30, 2026. Interest will begin accruing on the
security’s first settlement date.
|
|
Abbreviations throughout the Portfolio of Investments:
|
|
|
AG
|
– Assured Guaranty, Inc.
|
|
AMT
|
– Alternative Minimum Tax
|
|
BAM
|
– Build America Mutual
|
|
BANS
|
– Bond Anticipation Notes
|
|
COPS
|
– Certificates of Participation
|
|
GARVEE
|
– Grant Anticipation Revenue Vehicle
|
|
TANS
|
– Tax Anticipation Notes
|
|
|
Total
Value at
4/30/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Municipal Bonds*
|
$234,233,109
|
$—
|
$234,233,109
|
$—
|
|
*
|
See Portfolio of Investments for state and territory breakout.
|