KANSAS MUNICIPAL FUND |
| | | | | |
Schedule of Investments April 29, 2022 (unaudited) |
| | | | | |
| | | Principal | | Fair |
| | | Amount | | Value |
MUNICIPAL BONDS (93.7%) | | | | |
| | | | | |
Education (5.8%) | | | | |
Coffeyville Community College 4.000% 06/01/2029 | $ | 250,000 | $ | 258,490 |
Coffeyville Community College 3.000% 06/01/2031 Callable @ 100.000 06/01/2030 | | 790,000 | | 750,303 |
Johnson County Community College Foundat 4.000% 11/15/2023 | | 870,000 | | 893,481 |
Kansas Development Finance Authority 3.000% 10/01/2044 Callable @ 100.000 10/01/2027 | | 500,000 | | 433,920 |
Kansas Development Finance Authority 3.000% 06/01/2031 Callable @ 100.000 06/01/2028 | | 500,000 | | 498,635 |
Kansas Development Finance Authority 2.000% 05/01/2035 Callable @ 100.000 05/01/2029 | | 960,000 | | 813,283 |
Kansas Development Finance Authority 4.000% 05/01/2035 Callable @ 100.000 05/01/2030 | | 275,000 | | 283,360 |
Kansas Development Finance Authority 4.000% 05/01/2036 Callable @ 100.000 05/01/2030 | | 290,000 | | 298,204 |
| | | | | 4,229,676 |
General Obligation (39.0%) | | | | |
*Allen County Unified School District No 3.000% 09/01/2038 Callable @ 100.000 09/01/2028 | | 1,000,000 | | 942,120 |
City of Arkansas City KS 2.000% 08/01/2036 Callable @ 100.000 02/01/2028 | | 500,000 | | 416,490 |
City of Bonner Springs KS 3.000% 09/01/2044 Callable @ 100.000 09/01/2028 | | 1,060,000 | | 997,672 |
Bourbon County Unified School District N 5.000% 09/01/2027 Callable @ 100.000 09/01/2024 | | 250,000 | | 263,885 |
Bourbon County Unified School District N 5.000% 09/01/2028 Callable @ 100.000 09/01/2024 | | 250,000 | | 264,708 |
City of Burlingame KS 3.000% 09/01/2045 Callable @ 100.000 09/01/2027 | | 365,000 | | 317,324 |
Douglas County Unified School District N 4.000% 09/01/2030 Callable @ 100.000 09/01/2025 | | 250,000 | | 259,518 |
Geary County Unified School District No 4.000% 09/01/2033 Callable @ 100.000 09/01/2025 | | 350,000 | | 366,135 |
Geary County Unified School District No 3.000% 09/01/2035 Callable @ 100.000 09/01/2031 | | 500,000 | | 480,755 |
Geary County Unified School District No 3.000% 09/01/2043 Callable @ 100.000 09/01/2031 | | 500,000 | | 446,140 |
City of Hillsboro KS 3.000% 09/01/2024 | | 100,000 | | 100,145 |
City of Hillsboro KS 3.000% 09/01/2027 Callable @ 100.000 09/01/2026 | | 225,000 | | 224,692 |
City of Hillsboro KS 3.000% 09/01/2028 Callable @ 100.000 09/01/2026 | | 230,000 | | 225,727 |
City of Hillsboro KS 3.000% 09/01/2029 Callable @ 100.000 09/01/2026 | | 240,000 | | 230,323 |
City of Hutchinson KS 2.500% 10/01/2040 Callable @ 100.000 10/01/2029 | | 420,000 | | 338,772 |
Johnson & Miami Counties Unified School 5.000% 09/01/2037 Callable @ 100.000 09/01/2027 | | 500,000 | | 553,725 |
Johnson & Miami Counties Unified School 5.000% 09/01/2039 Callable @ 100.000 09/01/2027 | | 2,000,000 | | 2,240,160 |
County of Johnson KS 2.000% 09/01/2034 Callable @ 100.000 09/01/2029 | | 500,000 | | 425,505 |
Johnson County Unified School District N 5.000% 10/01/2025 Callable @ 100.000 10/01/2023 | | 250,000 | | 260,020 |
City of Lawrence KS 5.000% 09/01/2023 | | 205,000 | | 212,540 |
City of Lawrence KS 5.000% 09/01/2024 | | 210,000 | | 222,270 |
Leavenworth County Unified School Distri 4.000% 09/01/2037 Callable @ 100.000 09/01/2026 | | 650,000 | | 687,453 |
Leavenworth County Unified School Distri 4.000% 09/01/2031 Callable @ 100.000 09/01/2027 | | 500,000 | | 522,545 |
County of Linn KS 3.000% 07/01/2036 Callable @ 100.000 07/01/2029 | | 1,100,000 | | 1,042,844 |
Linn County Unified School District No 3 3.000% 09/01/2035 Callable @ 100.000 09/01/2028 | | 500,000 | | 476,260 |
Lyon County Unified School District No 2 4.000% 09/01/2039 Callable @ 100.000 09/01/2027 | | 750,000 | | 778,710 |
Lyon County Unified School District No 2 4.000% 09/01/2048 Callable @ 100.000 09/01/2027 | | 1,000,000 | | 1,031,830 |
Miami County Unified School District No 5.000% 09/01/2027 | | 10,000 | | 9,778 |
Montezuma Unified School District No 371 4.000% 09/01/2036 Callable @ 100.000 09/01/2029 | | 250,000 | | 256,225 |
City of Olathe KS 3.000% 10/01/2033 Callable @ 100.000 10/01/2029 | | 855,000 | | 853,128 |
City of Ozawkie KS 3.000% 09/01/2039 Callable @ 100.000 09/01/2027 | | 335,000 | | 314,883 |
City of Prairie Village KS 3.000% 09/01/2049 Callable @ 100.000 09/01/2027 | | 1,500,000 | | 1,460,700 |
County of Reno KS 3.000% 09/01/2036 Callable @ 100.000 09/01/2028 | | 250,000 | | 239,720 |
Rice County Unified School District No 4 4.000% 09/01/2031 Callable @ 100.000 09/01/2027 | | 710,000 | | 747,744 |
Riley County Unified School District No 4.000% 09/01/2028 Callable @ 100.000 09/01/2027 | | 680,000 | | 720,977 |
Riley County Unified School District No 4.000% 09/01/2039 Callable @ 100.000 09/01/2027 | | 1,000,000 | | 1,033,310 |
County of Saline KS 3.000% 09/01/2033 Callable @ 100.000 09/01/2030 | | 1,000,000 | | 984,810 |
County of Saline KS 2.000% 09/01/2034 Callable @ 100.000 09/01/2030 | | 500,000 | | 417,870 |
County of Scott KS 5.000% 04/01/2032 Callable @ 100.000 04/01/2026 | | 500,000 | | 537,765 |
Sedgwick County Unified School District 5.000% 09/01/2035 Callable @ 100.000 09/01/2024 | | 405,000 | | 431,305 |
Seward County Unified School District No 5.000% 09/01/2034 Callable @ 100.000 09/01/2022 | | 500,000 | | 505,280 |
SEWARD USD 480 5.000% 09/01/2033 Callable @ 100.000 09/01/2022 | | 85,000 | | 85,828 |
City of South Hutchinson KS 4.000% 10/01/2038 Callable @ 100.000 10/01/2025 | | 355,000 | | 361,262 |
County of Thomas KS 3.000% 12/01/2047 Callable @ 100.000 12/01/2029 | | 1,000,000 | | 863,010 |
City of Topeka KS 3.000% 08/15/2022 | | 500,000 | | 501,225 |
City of Wichita KS 4.500% 09/01/2022 | | 150,000 | | 149,787 |
City of Wichita KS 4.750% 09/01/2027 | | 180,000 | | 176,222 |
City of Wichita KS 2.000% 12/01/2038 Callable @ 100.000 12/01/2028 | | 250,000 | | 204,448 |
Wyandotte County Kansas City Unified Gov 2.250% 08/01/2037 Callable @ 100.000 08/01/2028 | | 410,000 | | 346,963 |
Wyandotte County Kansas City Unified Gov 2.250% 08/01/2038 Callable @ 100.000 08/01/2028 | | 1,000,000 | | 830,000 |
Wyandotte County Kansas City Unified Gov 2.375% 08/01/2040 Callable @ 100.000 08/01/2028 | | 1,000,000 | | 826,690 |
Wyandotte County Unified School District 5.000% 09/01/2026 | | 1,000,000 | | 1,096,960 |
| | | | | 28,284,154 |
Health Care (12.5%) | | | | |
Ashland Public Building Commission 5.000% 09/01/2030 Callable @ 100.000 09/01/2023 | | 1,020,000 | | 1,038,268 |
Ashland Public Building Commission 5.000% 09/01/2035 Callable @ 100.000 09/01/2023 | | 500,000 | | 506,840 |
Ashland Public Building Commission 5.000% 09/01/2032 Callable @ 100.000 09/01/2024 | | 550,000 | | 566,885 |
Kansas Development Finance Authority 4.125% 11/15/2027 Callable @ 100.000 11/15/2022 | | 100,000 | | 100,826 |
City of Lawrence KS 5.000% 07/01/2043 Callable @ 100.000 07/01/2028 | | 1,500,000 | | 1,604,640 |
City of Olathe KS 4.000% 09/01/2028 | | 250,000 | | 243,200 |
City of Olathe KS 4.000% 09/01/2030 | | 295,000 | | 293,737 |
University of Kansas Hospital Authority 4.000% 09/01/2040 Callable @ 100.000 09/01/2025 | | 500,000 | | 507,475 |
University of Kansas Hospital Authority 5.000% 09/01/2035 Callable @ 100.000 09/01/2025 | | 500,000 | | 535,800 |
University of Kansas Hospital Authority 4.000% 09/01/2048 Callable @ 100.000 03/01/2029 | | 1,000,000 | | 1,012,900 |
University of Kansas Hospital Authority 5.000% 09/01/2048 Callable @ 100.000 03/01/2029 | | 2,000,000 | | 2,186,900 |
University of Kansas Hospital Authority 3.000% 03/01/2041 Callable @ 100.000 03/01/2030 | | 500,000 | | 456,300 |
| | | | | 9,053,772 |
Other Revenue (8.1%) | | | | |
Dickson County Public Building Commissio 4.000% 08/01/2038 Callable @ 100.000 08/01/2028 | | 750,000 | | 769,380 |
Hoisington Public Building Commission 3.000% 11/01/2040 Callable @ 100.000 11/01/2029 | | 660,000 | | 580,206 |
Hoisington Public Building Commission 3.000% 11/01/2045 Callable @ 100.000 11/01/2029 | | 500,000 | | 417,855 |
Johnson County Public Building Commissio 4.000% 09/01/2022 | | 405,000 | | 407,709 |
Kansas Development Finance Authority 3.000% 11/01/2033 Callable @ 100.000 11/01/2027 | | 1,000,000 | | 956,170 |
City of Manhattan KS 5.000% 12/01/2026 | | 255,000 | | 250,759 |
City of Manhattan KS 4.500% 12/01/2025 | | 415,000 | | 415,183 |
*City of Manhattan KS 5.000% 12/01/2032 | | 1,000,000 | | 959,170 |
Washington County Public Building Commis 4.000% 09/01/2028 Callable @ 100.000 09/01/2022 | | 100,000 | | 100,467 |
City of Wichita KS 4.000% 09/01/2038 Callable @ 100.000 09/01/2027 | | 1,000,000 | | 1,024,280 |
| | | | | 5,881,179 |
Pre-Refunded (13.9%) | | | | |
Bourbon County Unified School District N 5.000% 09/01/2029 Callable @ 100.000 09/01/2024 | | 250,000 | | 265,058 |
Bourbon County Unified School District N 5.000% 09/01/2030 Callable @ 100.000 09/01/2024 | | 250,000 | | 265,058 |
Bourbon County Unified School District N 5.000% 09/01/2031 Callable @ 100.000 09/01/2024 | | 500,000 | | 530,115 |
County of Clay KS 4.000% 10/01/2036 Callable @ 100.000 10/01/2024 | | 500,000 | | 518,720 |
*Franklin County Unified School District 5.000% 09/01/2040 Callable @ 100.000 09/01/2025 | | 3,000,000 | | 3,243,720 |
Jackson County Unified School District N 5.000% 09/01/2029 Callable @ 100.000 09/01/2022 | | 135,000 | | 136,420 |
Jackson County Unified School District N 5.000% 09/01/2034 Callable @ 100.000 09/01/2022 | | 140,000 | | 141,473 |
Jackson County Unified School District N 5.000% 09/01/2029 Callable @ 100.000 09/01/2022 | | 115,000 | | 116,206 |
Jackson County Unified School District N 5.000% 09/01/2034 Callable @ 100.000 09/01/2022 | | 110,000 | | 111,154 |
Leavenworth County Unified School Distri 5.000% 09/01/2029 Callable @ 100.000 09/01/2023 | | 500,000 | | 519,675 |
Leavenworth County Unified School Distri 4.000% 09/01/2030 Callable @ 100.000 09/01/2022 | | 320,000 | | 321,978 |
City of Manhattan KS 5.000% 11/15/2023 Callable @ 100.000 11/15/2022 | | 250,000 | | 254,080 |
City of Manhattan KS 5.000% 11/15/2024 Callable @ 100.000 11/15/2022 | | 250,000 | | 253,958 |
City of Manhattan KS 5.000% 11/15/2029 Callable @ 100.000 11/15/2022 | | 500,000 | | 507,040 |
Neosho County Unified School District No 4.000% 09/01/2031 Callable @ 100.000 09/01/2023 | | 250,000 | | 253,958 |
Seward County Unified School District No 4.250% 09/01/2039 Callable @ 100.000 09/01/2022 | | 500,000 | | 503,335 |
Seward County Unified School District No 5.000% 09/01/2033 Callable @ 100.000 09/01/2022 | | 85,000 | | 85,836 |
Seward County Unified School District No 5.000% 09/01/2033 Callable @ 100.000 09/01/2022 | | 330,000 | | 333,825 |
Washington County Public Building Commis 5.000% 09/01/2032 Callable @ 100.000 09/01/2022 | | 500,000 | | 505,195 |
Washington County Public Building Commis 5.000% 09/01/2037 Callable @ 100.000 09/01/2022 | | 400,000 | | 404,016 |
Washington County Public Building Commis 4.000% 09/01/2028 Callable @ 100.000 09/01/2022 | | 500,000 | | 503,415 |
Wyandotte County Unified School District 5.000% 09/01/2025 Callable @ 100.000 09/01/2023 | | 250,000 | | 259,635 |
| | | | | 10,033,868 |
Transportation (1.1%) | | | | |
State of Kansas Department of Transporta 5.000% 09/01/2033 Callable @ 100.000 09/01/2025 | | 500,000 | | 533,985 |
State of Kansas Department of Transporta 5.000% 09/01/2035 Callable @ 100.000 09/01/2025 | | 250,000 | | 267,405 |
| | | | | 801,390 |
Utilities (13.3%) | | | | |
*Kansas Municipal Energy Agency 5.750% 07/01/2038 Callable @ 100.000 07/01/2023 | | 1,000,000 | | 1,030,650 |
Kansas Municipal Energy Agency 5.000% 04/01/2030 Callable @ 100.000 04/01/2026 | | 250,000 | | 267,080 |
Kansas Municipal Energy Agency 5.000% 04/01/2032 Callable @ 100.000 04/01/2026 | | 500,000 | | 532,420 |
Kansas Municipal Energy Agency 5.000% 04/01/2033 Callable @ 100.000 04/01/2026 | | 745,000 | | 796,688 |
Kansas Municipal Energy Agency 5.000% 04/01/2038 Callable @ 100.000 04/01/2026 | | 1,000,000 | | 1,061,340 |
Kansas Municipal Energy Agency 5.000% 04/01/2035 Callable @ 100.000 04/01/2026 | | 300,000 | | 319,767 |
Kansas Power Pool 4.000% 12/01/2031 Callable @ 100.000 12/01/2025 | | 500,000 | | 508,530 |
Kansas Power Pool 4.000% 12/01/2041 Callable @ 100.000 12/01/2029 | | 500,000 | | 505,420 |
City of McPherson KS Water System Revenu 2.000% 10/01/2037 Callable @ 100.000 10/01/2029 | | 425,000 | | 336,400 |
City of Topeka KS Combined Utility Reven 4.000% 08/01/2023 | | 500,000 | | 511,625 |
City of Topeka KS Combined Utility Reven 3.000% 08/01/2034 Callable @ 100.000 08/01/2029 | | 900,000 | | 870,714 |
City of Wichita KS Water & Sewer Utility 3.000% 10/01/2031 Callable @ 100.000 10/01/2029 | | 350,000 | | 348,257 |
*Wyandotte County Kansas City Unified Gov 5.000% 09/01/2032 Callable @ 100.000 09/01/2022 | | 1,250,000 | | 1,265,200 |
Wyandotte County Kansas City Unified Gov 5.000% 09/01/2035 Callable @ 100.000 09/01/2025 | | 500,000 | | 527,345 |
Wyandotte County Kansas City Unified Gov 5.000% 09/01/2028 Callable @ 100.000 09/01/2026 | | 500,000 | | 546,620 |
Wyandotte County Kansas City Unified Gov 3.000% 09/01/2040 Callable @ 100.000 09/01/2030 | | 250,000 | | 229,978 |
| | | | | 9,658,034 |
| | | | | |
TOTAL MUNICIPAL BONDS (COST: $70,836,123) | | | $ | 67,942,073 |
| | | | | |
OTHER ASSETS LESS LIABILITIES (6.3%) | | | | 4,575,127 |
| | | | | |
NET ASSETS (100.0%) | | | $ | 72,517,200 |
| |
*Indicates bonds are segregated by the custodian to cover when-issued or delayed delivery purchases. |
| | | | | |
| | | | | |
MAINE MUNICIPAL FUND |
| | | | | |
Schedule of Investments April 29, 2022 (unaudited) |
| | | | | |
| | | Principal | | Fair |
| | | Amount | | Value |
MUNICIPAL BONDS (96.6%) | | | | |
| | | | | |
Education (8.8%) | | | | |
* Maine Health & Higher Educational Facilities Authority 5.000% 07/01/2026 | $ | 940,000 | $ | 1,013,029 |
| | | | | |
General Obligation (28.5%) | | | | |
City of Auburn ME 4.500% 09/01/2022 | | 100,000 | | 100,840 |
City of Biddeford ME 4.000% 10/01/2026 | | 250,000 | | 266,815 |
Town of Brunswick ME 2.500% 11/01/2041 Callable @ 100.000 11/01/2030 | | 500,000 | | 400,845 |
Town of Kennebunk ME 2.000% 10/01/2035 Callable @ 100.000 10/01/2031 | | 600,000 | | 492,942 |
City of Lewiston ME 2.750% 03/15/2038 Callable @ 100.000 03/15/2027 | | 100,000 | | 87,592 |
City of Lewiston ME 2.750% 03/15/2039 Callable @ 100.000 03/15/2027 | | 250,000 | | 220,160 |
City of Lewiston ME 2.750% 03/15/2040 Callable @ 100.000 03/15/2027 | | 250,000 | | 219,770 |
City of Portland ME 5.000% 08/01/2022 | | 125,000 | | 124,863 |
Regional School Unit No 26 3.000% 09/01/2044 Callable @ 100.000 09/01/2029 | | 475,000 | | 424,289 |
Town of Scarborough ME 4.000% 11/01/2028 Callable @ 100.000 11/01/2023 | | 100,000 | | 102,299 |
Maine School Administrative District No 4.000% 10/15/2029 Callable @ 100.000 10/15/2024 | | 100,000 | | 103,456 |
*Maine School Administrative District No 4.000% 05/01/2036 Callable @ 100.000 05/01/2028 | | 500,000 | | 515,070 |
City of Waterville ME 4.000% 07/01/2025 | | 135,000 | | 133,037 |
Wells Ogunquit Community School District 4.000% 11/01/2024 | | 100,000 | | 103,250 |
| | | | | |
| | | | | 3,295,228 |
Health Care (2.3%) | | | | |
Maine Health & Higher Educational Facilities Authority 4.500% 07/01/2031 | | 5,000 | | 4,800 |
Maine Health & Higher Educational Facilities Authority 5.250% 07/01/2023 | | 40,000 | | 39,821 |
Maine Health & Higher Educational Facilities Authority 3.000% 07/01/2039 Callable @ 100.000 07/01/2029 | | 250,000 | | 221,970 |
| | | | | |
| | | | | 266,591 |
Housing (8.6%) | | | | |
Maine State Housing Authority 3.000% 11/15/2036 Callable @ 100.000 11/15/2025 | | 400,000 | | 401,568 |
Maine State Housing Authority 3.350% 11/15/2044 Callable @ 100.000 05/15/2028 | | 155,000 | | 144,539 |
Maine State Housing Authority 2.500% 11/15/2045 Callable @ 100.000 11/15/2028 | | 165,000 | | 138,450 |
Maine State Housing Authority 2.250% 11/15/2045 Callable @ 100.000 05/15/2029 | | 250,000 | | 198,090 |
Maine State Housing Authority 5.000% 06/15/2037 Callable @ 100.000 06/15/2031 | | 100,000 | | 115,378 |
| | | | | 998,025 |
Other Revenue (5.1%) | | | | |
Maine Municipal Bond Bank 4.000% 11/01/2038 Callable @ 100.000 11/01/2022 | | 125,000 | | 125,460 |
Maine Municipal Bond Bank 5.000% 11/01/2025 Callable @ 100.000 11/01/2022 | | 125,000 | | 126,779 |
Maine Municipal Bond Bank 5.000% 11/01/2027 Callable @ 100.000 11/01/2024 | | 100,000 | | 106,009 |
Maine Municipal Bond Bank 3.000% 11/01/2040 Callable @ 100.000 11/01/2030 | | 250,000 | | 229,063 |
| | | | | 587,310 |
Pre-Refunded (29.5%) | | | | |
*Maine Health & Higher Educational Facilities Authority 5.000% 07/01/2039 Callable @ 100.000 07/01/2024 | | 750,000 | | 791,595 |
Maine Health & Higher Educational Facilities Authority 5.000% 07/01/2034 Callable @ 100.000 07/01/2024 | | 250,000 | | 264,630 |
Maine Health & Higher Educational Facilities Authority 4.000% 07/01/2024 Callable @ 100.000 07/01/2022 | | 270,000 | | 270,910 |
*Maine Health & Higher Educational Facilities Authority 5.000% 07/01/2029 Callable @ 100.000 07/01/2024 | | 1,000,000 | | 1,034,160 |
Maine Health & Higher Educational Facilities Authority 5.000% 07/01/2030 Callable @ 100.000 07/01/2024 | | 500,000 | | 516,230 |
Maine Health & Higher Educational Facilities Authority 5.000% 07/01/2031 Callable @ 100.000 07/01/2024 | | 500,000 | | 518,035 |
Maine Health & Higher Educational Facilities Authority 5.000% 07/01/2023 | | 15,000 | | 15,556 |
| | | | | 3,411,116 |
Transportation (7.0%) | | | | |
Maine Turnpike Authority 4.000% 07/01/2032 Callable @ 100.000 07/01/2024 | | 250,000 | | 253,778 |
City of Portland ME General Airport Revenue 5.000% 07/01/2022 | | 100,000 | | 100,634 |
City of Portland ME General Airport Revenue 5.000% 07/01/2023 | | 100,000 | | 103,748 |
City of Portland ME General Airport Revenue 5.000% 07/01/2024 Callable @ 100.000 07/01/2023 | | 100,000 | | 103,556 |
City of Portland ME General Airport Revenue 4.000% 01/01/2040 Callable @ 100.000 01/01/2030 | | 250,000 | | 251,523 |
| | | | | 813,238 |
Utilities (6.8%) | | | | |
Kennebunk Light & Power District 5.000% 08/01/2022 | | 110,000 | | 109,699 |
Portland Water District 3.000% 11/01/2039 Callable @ 100.000 11/01/2029 | | 500,000 | | 469,670 |
Portland Water District Water System Revenue 2.000% 11/01/2036 Callable @ 100.000 11/01/2031 | | 250,000 | | 203,360 |
| | | | | 782,729 |
| | | | | |
TOTAL MUNICIPAL BONDS (COST: $11,810,324) | | | $ | 11,167,266 |
| | | | | |
OTHER ASSETS LESS LIABILITIES (3.4%) | | | | 391,750 |
| | | | | |
NET ASSETS (100.0%) | | | $ | 11,559,016 |
| | | | | |
*Indicates bonds are segregated by the custodian to cover when-issued or delayed delivery purchases. |
| | | | | |
| | | | | |
NEBRASKA MUNICIPAL FUND |
| | | | | |
Schedule of Investments April 29, 2022 (unaudited) |
| | | | | |
| | | Principal | | Fair |
| | | Amount | | Value |
MUNICIPAL BONDS (97.0%) | | | | |
| | | | | |
Education (4.1%) | | | | |
County of Douglas NE 3.000% 09/01/2035 Callable @ 100.000 09/01/2031 | $ | 310,000 | $ | 295,173 |
#Nebraska State Colleges Facilities Corp 5.000% 07/15/2023 | | 250,000 | | 258,010 |
#Nebraska State Colleges Facilities Corp 5.000% 07/15/2033 Callable @ 100.000 07/15/2032 | | 500,000 | | 569,135 |
County of Saline NE 3.000% 02/15/2034 Callable @ 100.000 02/15/2029 | | 365,000 | | 333,650 |
County of Saline NE 3.000% 02/15/2035 Callable @ 100.000 02/15/2029 | | 300,000 | | 272,037 |
Southeast Community College 3.000% 03/15/2045 Callable @ 100.000 07/02/2025 | | 500,000 | | 436,595 |
| | | | | 2,164,600 |
General Obligation (43.4%) | | | | |
Plattsmouth School District 3.000% 12/15/2039 Callable @ 100.000 08/21/2024 | | 1,000,000 | | 936,340 |
City of Columbus NE 3.000% 12/15/2033 Callable @ 100.000 09/01/2026 | | 325,000 | | 314,148 |
City of Columbus NE 3.000% 12/15/2036 Callable @ 100.000 09/01/2026 | | 400,000 | | 378,340 |
#Cozad City School District 4.000% 06/15/2025 | | 500,000 | | 520,500 |
#Cozad City School District 4.000% 06/15/2037 Callable @ 100.000 05/17/2027 | | 500,000 | | 515,835 |
Ponca Public Schools 3.000% 12/15/2026 Callable @ 100.000 02/26/2025 | | 355,000 | | 357,634 |
Fremont School District 5.000% 12/15/2032 | | 280,000 | | 324,954 |
Fremont School District 4.000% 12/15/2033 | | 250,000 | | 264,328 |
*Omaha School District 5.000% 12/15/2029 Callable @ 100.000 12/15/2026 | | 1,630,000 | | 1,803,693 |
Omaha School District 3.000% 12/15/2042 Callable @ 100.000 01/30/2030 | | 1,000,000 | | 915,540 |
Elkhorn School District 4.000% 12/15/2030 Callable @ 100.000 12/15/2026 | | 500,000 | | 532,765 |
Elkhorn School District 4.000% 12/15/2034 Callable @ 100.000 12/15/2028 | | 500,000 | | 520,895 |
Elkhorn School District 4.000% 12/15/2037 Callable @ 100.000 12/15/2029 | | 300,000 | | 316,692 |
Douglas County School District No 15 3.000% 12/15/2041 Callable @ 100.000 09/29/2026 | | 1,000,000 | | 898,350 |
Douglas County School District No 17/NE 2.000% 12/15/2039 Callable @ 100.000 12/15/2030 | | 500,000 | | 367,755 |
Ralston Public Schools 3.000% 12/15/2041 Callable @ 100.000 12/15/2030 | | 750,000 | | 682,568 |
Douglas County School District No 59/NE 3.500% 06/15/2043 Callable @ 100.000 03/15/2024 | | 500,000 | | 475,355 |
Westside Community Schools 5.000% 12/01/2038 Callable @ 100.000 12/05/2024 | | 235,000 | | 245,006 |
Westside Community Schools 5.000% 12/01/2039 Callable @ 100.000 12/05/2024 | | 250,000 | | 260,540 |
County of Kearney NE 4.000% 06/01/2024 | | 350,000 | | 360,080 |
Knox County School District N0 576 4.000% 12/15/2038 Callable @ 100.000 12/15/2023 | | 590,000 | | 606,951 |
City of La Vista NE 3.000% 09/15/2041 Callable @ 100.000 01/05/2027 | | 250,000 | | 228,700 |
Lancaster County School District 001 5.000% 01/15/2023 | | 750,000 | | 765,945 |
Hershey Public Schools 4.000% 12/15/2027 Callable @ 100.000 12/15/2026 | | 235,000 | | 248,278 |
City of Lincoln NE 3.000% 12/01/2039 Callable @ 100.000 06/01/2029 | | 685,000 | | 644,948 |
City of Lincoln NE 3.000% 05/15/2033 Callable @ 100.000 05/15/2029 | | 1,090,000 | | 1,096,137 |
City of Lincoln NE 3.000% 04/01/2033 Callable @ 100.000 04/01/2029 | | 540,000 | | 536,166 |
Superior Public Schools 1.450% 12/15/2022 | | 340,000 | | 339,153 |
City of Omaha NE 4.000% 04/15/2037 Callable @ 100.000 04/15/2029 | | 500,000 | | 522,285 |
City of Omaha NE 3.000% 04/15/2041 Callable @ 100.000 04/15/2031 | | 1,000,000 | | 935,250 |
City of Omaha NE 5.000% 04/15/2027 Callable @ 100.000 04/15/2026 | | 955,000 | | 1,053,355 |
City of Omaha NE 5.000% 04/15/2028 Callable @ 100.000 04/15/2026 | | 500,000 | | 549,710 |
City of Omaha NE 3.750% 01/15/2038 Callable @ 100.000 01/15/2027 | | 500,000 | | 501,820 |
Papio Missouri River Natural Resource Di 3.000% 12/01/2036 Callable @ 100.000 10/12/2026 | | 600,000 | | 567,684 |
Papio Missouri River Natural Resource Di 3.000% 12/01/2041 Callable @ 100.000 10/12/2026 | | 300,000 | | 276,303 |
Polk County School District No 19 3.000% 06/15/2039 Callable @ 100.000 07/30/2024 | | 455,000 | | 418,045 |
Gretna Public Schools 3.000% 12/15/2046 Callable @ 100.000 12/15/2031 | | 1,000,000 | | 873,840 |
Ashland Greenwood Public Schools 3.000% 12/15/2044 Callable @ 100.000 12/15/2030 | | 950,000 | | 841,605 |
Ashland Greenwood Public Schools 3.000% 12/15/2046 Callable @ 100.000 12/15/2030 | | 1,000,000 | | 868,940 |
| | | | | 22,866,432 |
Health Care (3.4%) | | | | |
Douglas County Hospital Authority No 2 5.000% 05/15/2027 Callable @ 100.000 05/15/2026 | | 200,000 | | 218,356 |
Madison County Hospital Authority No 1 5.000% 07/01/2031 Callable @ 100.000 07/01/2025 | | 500,000 | | 527,690 |
Madison County Hospital Authority No 1 5.000% 07/01/2032 Callable @ 100.000 07/01/2025 | | 335,000 | | 352,638 |
Madison County Hospital Authority No 1 5.000% 07/01/2033 Callable @ 100.000 07/01/2025 | | 450,000 | | 474,575 |
Madison County Hospital Authority No 1 5.000% 07/01/2034 Callable @ 100.000 07/01/2025 | | 215,000 | | 227,218 |
| | | | | |
| | | | | 1,800,477 |
Housing (0.7%) | | | | |
Nebraska Investment Finance Authority 3.850% 03/01/2038 Callable @ 100.000 09/01/2024 | | 395,000 | | 396,169 |
| | | | | |
Other Revenue (3.2%) | | | | |
City of Columbus NE 3.000% 06/15/2036 Callable @ 100.000 06/30/2026 | | 750,000 | | 709,657.50 |
Omaha Public Facilities Corp 4.000% 04/15/2031 | | 250,000 | | 269,555.00 |
Omaha Public Facilities Corp 4.000% 04/15/2032 Callable @ 100.000 04/15/2031 | | 250,000 | | 265,712.50 |
Papillion Municipal Facilities Corp 3.000% 12/15/2034 Callable @ 100.000 07/30/2024 | | 435,000 | | 414,976.95 |
| | | | | 1,659,902 |
Pre-Refunded (12.1%) | | | | |
Elkhorn School District 4.000% 12/15/2034 Callable @ 100.000 12/15/2025 | | 300,000 | | 316,479.00 |
Grand Island Public Schools 5.000% 12/15/2033 Callable @ 100.000 12/15/2024 | | 500,000 | | 534,380 |
Grand Island Public Schools 5.000% 12/15/2039 Callable @ 100.000 12/15/2024 | | 500,000 | | 532,140 |
City of Hastings NE Combined Utility Rev 4.000% 10/15/2032 Callable @ 100.000 10/15/2022 | | 500,000 | | 502,630 |
*City of Lincoln NE Electric System Reven 5.000% 09/01/2037 Callable @ 100.000 09/01/2022 | | 1,000,000 | | 1,011,590 |
Gretna Public Schools 5.000% 12/15/2035 Callable @ 100.000 12/15/2025 | | 250,000 | | 273,825 |
Sarpy County School District No 1 3.500% 12/15/2035 Callable @ 100.000 09/30/2024 | | 250,000 | | 256,580 |
Scotts Bluff County School District No 3 5.000% 12/01/2031 Callable @ 100.000 12/01/2025 | | 250,000 | | 273,413 |
University of Nebraska 5.000% 07/01/2035 Callable @ 100.000 07/01/2025 | | 1,500,000 | | 1,620,060 |
University of Nebraska 5.000% 05/15/2035 Callable @ 100.000 05/15/2025 | | 500,000 | | 537,920 |
University of Nebraska 5.000% 05/15/2033 Callable @ 100.000 11/15/2025 | | 250,000 | | 272,880 |
University of Nebraska 5.000% 07/01/2038 Callable @ 100.000 07/01/2022 | | 250,000 | | 251,215 |
| | | | | 6,383,112 |
Transportation (3.0%) | | | | |
Omaha Airport Authority 5.000% 12/15/2027 Callable @ 100.000 12/15/2026 | | 500,000 | | 540,360 |
Omaha Airport Authority 5.000% 12/15/2036 Callable @ 100.000 12/15/2026 | | 1,000,000 | | 1,060,240 |
| | | | | 1,600,600 |
Utilities (27.1%) | | | | |
*Central Plains Energy Project 5.000% 09/01/2027 Callable @ 100.000 09/01/2022 | | 2,000,000 | | 2,019,820 |
Central Plains Energy Project 5.250% 09/01/2037 Callable @ 100.000 09/01/2022 | | 500,000 | | 504,160 |
Central Plains Energy Project 5.000% 09/01/2042 Callable @ 100.000 09/01/2022 | | 500,000 | | 505,380 |
City of Columbus NE Combined Revenue 4.000% 12/15/2032 Callable @ 100.000 12/15/2026 | | 100,000 | | 103,478 |
City of Columbus NE Combined Utilities S 4.000% 06/15/2033 Callable @ 100.000 06/15/2030 | | 300,000 | | 313,464 |
City of Columbus NE Combined Utilities S 4.000% 06/15/2034 Callable @ 100.000 06/15/2030 | | 300,000 | | 315,675 |
City of Columbus NE Combined Utilities S 4.000% 06/15/2035 Callable @ 100.000 06/15/2030 | | 300,000 | | 312,597 |
City of Grand Island NE Combined Utility 4.000% 08/15/2037 Callable @ 100.000 08/15/2030 | | 300,000 | | 312,333 |
City of Grand Island NE Sewer System Rev 5.000% 09/15/2026 Callable @ 100.000 09/17/2023 | | 250,000 | | 260,855 |
City of Lincoln NE Solid Waste Managemen 4.000% 08/01/2025 Callable @ 100.000 08/01/2023 | | 275,000 | | 281,650 |
City of Lincoln NE Solid Waste Managemen 4.000% 08/01/2027 Callable @ 100.000 08/01/2023 | | 400,000 | | 409,432 |
Metropolitan Utilities District of Omaha 4.000% 12/15/2026 Callable @ 100.000 12/15/2022 | | 250,000 | | 252,665 |
Nebraska Public Power District 4.000% 01/01/2044 Callable @ 100.000 01/01/2031 | | 500,000 | | 509,405 |
Nebraska Public Power District 5.000% 01/01/2041 Callable @ 100.000 01/01/2026 | | 250,000 | | 268,875 |
*Nebraska Public Power District 5.000% 01/01/2036 Callable @ 100.000 01/01/2026 | | 2,355,000 | | 2,503,742 |
City of Omaha NE Sewer Revenue 5.000% 11/15/2029 Callable @ 100.000 11/15/2024 | | 250,000 | | 264,500 |
City of Omaha NE Sewer Revenue 5.000% 11/15/2030 Callable @ 100.000 11/15/2024 | | 250,000 | | 264,188 |
City of Omaha NE Sewer Revenue 5.000% 11/15/2031 Callable @ 100.000 11/15/2024 | | 500,000 | | 528,885 |
City of Omaha NE Sewer Revenue 4.000% 04/01/2035 Callable @ 100.000 04/01/2026 | | 250,000 | | 256,490 |
City of Omaha NE Sewer Revenue 4.000% 04/01/2037 Callable @ 100.000 04/01/2030 | | 750,000 | | 785,423 |
City of Omaha NE Sewer Revenue 4.000% 04/01/2038 Callable @ 100.000 04/01/2030 | | 400,000 | | 417,428 |
City of Omaha NE Sewer Revenue 4.000% 04/01/2039 Callable @ 100.000 04/01/2030 | | 250,000 | | 258,780 |
Omaha Public Power District 5.000% 02/01/2046 Callable @ 100.000 08/01/2030 | | 1,000,000 | | 1,122,110 |
Omaha Public Power District Nebraska Cit 5.000% 02/01/2032 Callable @ 100.000 02/01/2025 | | 250,000 | | 264,697 |
Omaha Public Power District Nebraska Cit 5.000% 02/01/2031 Callable @ 100.000 02/01/2026 | | 445,000 | | 480,057 |
Omaha Public Power District Nebraska Cit 4.000% 02/01/2032 Callable @ 100.000 02/01/2026 | | 400,000 | | 412,400 |
Omaha Public Power District Nebraska Cit 4.000% 02/01/2035 Callable @ 100.000 02/01/2026 | | 365,000 | | 374,687 |
| | | | | 14,303,174 |
| | | | | |
TOTAL MUNICIPAL BONDS (COST: $53,856,950) | | | $ | 51,174,466 |
| | | | | |
OTHER ASSETS LESS LIABILITIES (3.0%) | | | $ | 1,560,878 |
| | | | | |
NET ASSETS (100.0%) | | | $ | 52,735,343 |
| |
| |
*Indicates bonds are segregated by the custodian to cover when-issued or delayed delivery purchases. |
#When-issued purchase as of April 29, 2022. | | | | |
| | | | | |
| | | | | |
OKLAHOMA MUNICIPAL FUND |
| | | | | |
Schedule of Investments April 29, 2022 (unaudited) |
| | | | | |
| | | Principal | | Fair |
| | | Amount | | Value |
MUNICIPAL BONDS (93.2%) | | | | |
| | | | | |
Education (8.2%) | | | | |
Oklahoma Development Finance Authority 5.000% 06/01/2039 Callable @ 100.000 06/01/2024 | $ | 19,000 | $ | 18,034 |
Oklahoma Development Finance Authority 4.000% 12/01/2036 Callable @ 100.000 12/01/2031 | | 425,000 | | 433,360 |
Oklahoma Development Finance Authority 4.000% 08/01/2030 Callable @ 100.000 08/01/2024 | | 280,000 | | 286,588 |
Oklahoma Development Finance Authority 4.000% 08/01/2031 Callable @ 100.000 08/01/2024 | | 290,000 | | 295,997 |
Oklahoma Development Finance Authority 4.000% 08/01/2032 Callable @ 100.000 08/01/2024 | | 305,000 | | 310,990 |
Oklahoma Development Finance Authority 4.000% 08/01/2033 Callable @ 100.000 08/01/2024 | | 315,000 | | 320,928 |
Oklahoma State University 5.000% 08/01/2032 Callable @ 100.000 08/01/2028 | | 250,000 | | 276,208 |
Oklahoma State University 4.000% 09/01/2036 Callable @ 100.000 09/01/2030 | | 370,000 | | 393,632 |
University of Oklahoma/The 5.000% 07/01/2036 Callable @ 100.000 07/01/2025 | | 500,000 | | 532,285 |
University of Oklahoma/The 4.000% 07/01/2040 Callable @ 100.000 07/01/2025 | | 650,000 | | 657,989 |
University of Oklahoma/The 5.000% 07/01/2038 Callable @ 100.000 07/01/2025 | | 500,000 | | 531,685 |
University of Oklahoma/The 5.000% 07/01/2034 | | 735,000 | | 832,285 |
University of Oklahoma/The 4.000% 07/01/2036 | | 500,000 | | 515,465 |
| | | | | 5,405,446 |
General Obligation (9.2%) | | | | |
City of Bartlesville OK 2.000% 12/01/2028 | | 195,000 | | 180,962 |
City of Broken Arrow OK 4.000% 12/01/2037 Callable @ 100.000 12/01/2028 | | 605,000 | | 621,504 |
City of Broken Arrow OK 4.000% 12/01/2038 Callable @ 100.000 12/01/2028 | | 610,000 | | 627,367 |
City of Broken Arrow OK 3.125% 12/01/2035 Callable @ 100.000 12/01/2026 | | 575,000 | | 554,386 |
City of Lawton OK 2.000% 12/01/2022 | | 500,000 | | 499,210 |
City of Midwest City OK 3.000% 06/01/2041 Callable @ 100.000 06/01/2029 | | 500,000 | | 451,510 |
#Oklahoma County Independent School District No 1 Putnam City 2.125% 04/01/2024 | | 1,000,000 | | 993,070 |
Oklahoma County Independent School District No 12 Edmond 1.000% 03/01/2024 | | 1,000,000 | | 973,460 |
City of Perkins OK 3.000% 06/01/2033 | | 125,000 | | 119,043 |
City of Perkins OK 3.000% 06/01/2034 | | 115,000 | | 108,371 |
Tulsa County Independent School District No 9 Union 2.000% 04/01/2024 | | 1,000,000 | | 992,000 |
| | | | | 6,120,883 |
Health Care (7.0%) | | | | |
Norman Regional Hospital Authority 3.250% 09/01/2039 Callable @ 100.000 09/01/2029 | | 895,000 | | 800,873 |
Norman Regional Hospital Authority 5.000% 09/01/2045 Callable @ 100.000 09/01/2029 | | 200,000 | | 212,426 |
Oklahoma County Finance Authority 4.000% 04/01/2041 Callable @ 100.000 04/01/2031 | | 250,000 | | 256,460 |
Oklahoma County Finance Authority 4.000% 04/01/2046 Callable @ 100.000 04/01/2031 | | 335,000 | | 340,802 |
Oklahoma Development Finance Authority 5.000% 08/15/2025 | | 350,000 | | 370,076 |
Oklahoma Development Finance Authority 5.000% 08/15/2029 Callable @ 100.000 08/15/2025 | | 250,000 | | 265,098 |
Oklahoma Development Finance Authority 4.000% 08/15/2038 Callable @ 100.000 08/15/2025 | | 250,000 | | 252,948 |
Oklahoma Development Finance Authority 5.000% 08/15/2029 Callable @ 100.000 08/15/2028 | | 345,000 | | 362,236 |
Oklahoma Development Finance Authority 5.000% 08/15/2033 Callable @ 100.000 08/15/2028 | | 175,000 | | 179,557 |
Oklahoma Development Finance Authority 4.000% 08/15/2048 Callable @ 100.000 08/15/2028 | | 825,000 | | 834,446 |
Oklahoma Development Finance Authority 5.000% 07/01/2035 Callable @ 100.000 07/01/2025 | | 250,000 | | 257,940 |
Tulsa County Industrial Authority 3.000% 02/01/2037 Callable @ 100.000 02/01/2029 | | 500,000 | | 472,320 |
| | | | | 4,605,182 |
Housing (1.0%) | | | | |
Oklahoma Housing Finance Agency 3.000% 09/01/2039 Callable @ 100.000 03/01/2028 | | 515,000 | | 507,934 |
Oklahoma Housing Finance Agency 3.200% 03/01/2042 Callable @ 100.000 03/01/2028 | | 170,000 | | 165,187 |
| | | | | 673,121 |
| | | | | |
Other Revenue (38.0%) | | | | |
Blackwell Facilities Authority 4.000% 09/01/2024 | | 310,000 | | 317,759 |
*Caddo County Governmental Building Authority 5.000% 09/01/2040 Callable @ 100.000 09/01/2028 | | 1,010,000 | | 1,069,479 |
Carter County Public Facilities Authority 3.000% 09/01/2035 Callable @ 100.000 09/01/2031 | | 550,000 | | 511,566 |
Carter County Public Facilities Authority 3.000% 09/01/2036 Callable @ 100.000 09/01/2031 | | 575,000 | | 528,684 |
Comanche County Educational Facilities Authority 4.000% 09/01/2024 | | 200,000 | | 202,126 |
Comanche County Educational Facilities Authority 4.000% 09/01/2026 | | 295,000 | | 298,971 |
Elk City Industrial Authority 3.000% 05/01/2034 Callable @ 100.000 05/01/2029 | | 1,050,000 | | 972,489 |
Elk City Industrial Authority 3.000% 05/01/2039 Callable @ 100.000 05/01/2029 | | 425,000 | | 377,770 |
Grady County School Finance Authority 5.000% 09/01/2032 Callable @ 100.000 09/01/2028 | | 370,000 | | 404,950 |
Johnston County Educational Facilities Authority 4.000% 09/01/2031 | | 905,000 | | 951,291 |
Johnston County Educational Facilities Authority 4.000% 09/01/2032 | | 645,000 | | 689,879 |
Kingfisher County Educational Facilities Authority 3.000% 03/01/2033 Callable @ 100.000 03/01/2029 | | 250,000 | | 239,045 |
Kingfisher County Educational Facilities Authority 3.000% 03/01/2035 Callable @ 100.000 03/01/2031 | | 570,000 | | 553,071 |
Kingfisher County Educational Facilities Authority 3.000% 03/01/2036 Callable @ 100.000 03/01/2031 | | 400,000 | | 378,756 |
Love County Educational Facilities Authority 3.000% 12/01/2038 Callable @ 100.000 12/01/2031 | | 765,000 | | 707,870 |
Mannford Public Works Authority 3.000% 01/01/2031 Callable @ 100.000 01/01/2029 | | 500,000 | | 467,595 |
Marshall County Educational Facilities Authority 4.000% 09/01/2036 Callable @ 100.000 09/01/2030 | | 500,000 | | 515,000 |
McClain County Economic Development Authority 4.000% 09/01/2029 | | 250,000 | | 260,648 |
Muskogee Industrial Trust 5.000% 09/01/2026 | | 400,000 | | 427,752 |
Oklahoma City Public Property Authority 5.000% 10/01/2027 Callable @ 100.000 10/01/2025 | | 350,000 | | 374,927 |
Oklahoma City Public Property Authority 5.000% 10/01/2028 Callable @ 100.000 10/01/2025 | | 400,000 | | 426,636 |
Oklahoma City Public Property Authority 5.000% 10/01/2029 Callable @ 100.000 10/01/2025 | | 625,000 | | 675,513 |
Oklahoma City Public Property Authority 5.000% 10/01/2036 Callable @ 100.000 10/01/2025 | | 230,000 | | 246,268 |
Oklahoma City Public Property Authority 5.000% 10/01/2039 Callable @ 100.000 10/01/2025 | | 835,000 | | 898,660 |
Oklahoma City Zoological Trust OK Sales Tax Revenue 4.000% 06/01/2036 Callable @ 100.000 06/01/2031 | | 1,000,000 | | 1,059,110 |
Oklahoma County Finance Authority 4.000% 09/01/2033 Callable @ 100.000 09/01/2030 | | 250,000 | | 253,950 |
Oklahoma Development Finance Authority 4.000% 06/01/2032 Callable @ 100.000 06/01/2030 | | 140,000 | | 146,665 |
Oklahoma Development Finance Authority 4.000% 06/01/2033 Callable @ 100.000 06/01/2030 | | 145,000 | | 151,284 |
Oklahoma Development Finance Authority 4.000% 06/01/2034 Callable @ 100.000 06/01/2030 | | 150,000 | | 155,972 |
Oklahoma Development Finance Authority 4.000% 06/01/2035 Callable @ 100.000 06/01/2030 | | 155,000 | | 160,828 |
Oklahoma Development Finance Authority 4.000% 06/01/2040 Callable @ 100.000 06/01/2030 | | 250,000 | | 259,938 |
Oklahoma Development Finance Authority 3.000% 06/01/2029 | | 195,000 | | 192,100 |
Oklahoma Development Finance Authority 3.000% 06/01/2030 | | 180,000 | | 177,772 |
Oklahoma Development Finance Authority 4.000% 06/01/2032 Callable @ 100.000 06/01/2031 | | 340,000 | | 360,924 |
Oklahoma Development Finance Authority 4.000% 06/01/2034 Callable @ 100.000 06/01/2031 | | 365,000 | | 383,396 |
Oklahoma Development Finance Authority 4.000% 06/01/2035 Callable @ 100.000 06/01/2031 | | 205,000 | | 214,826 |
Oklahoma Development Finance Authority 4.000% 06/01/2038 Callable @ 100.000 06/01/2029 | | 290,000 | | 301,209 |
Oklahoma Capitol Improvement Authority 5.000% 07/01/2035 Callable @ 100.000 07/01/2029 | | 530,000 | | 589,779 |
Oklahoma Capitol Improvement Authority 4.000% 07/01/2045 Callable @ 100.000 07/01/2029 | | 500,000 | | 514,700 |
Oklahoma Capitol Improvement Authority 3.000% 07/01/2040 Callable @ 100.000 07/01/2030 | | 940,000 | | 869,359 |
Ottawa County Educational Facilities Authority 4.000% 09/01/2022 | | 990,000 | | 995,277 |
Pontotoc County Educational Facilities Authority 4.000% 09/01/2034 Callable @ 100.000 09/01/2031 | | 625,000 | | 633,406 |
Pontotoc County Educational Facilities Authority 4.000% 09/01/2040 Callable @ 100.000 09/01/2031 | | 1,000,000 | | 1,005,370 |
Pottawatomie County Facilities Authority 3.000% 09/01/2035 Callable @ 100.000 09/01/2030 | | 625,000 | | 592,750 |
Pottawatomie County Facilities Authority 3.000% 09/01/2036 Callable @ 100.000 09/01/2030 | | 700,000 | | 663,810 |
Sand Springs Municipal Authority 4.250% 01/01/2035 Callable @ 100.000 01/01/2023 | | 250,000 | | 252,038 |
Sand Springs Municipal Authority 4.000% 01/01/2036 Callable @ 100.000 01/01/2023 | | 500,000 | | 503,175 |
Seminole County Educational Facilities Authority 3.000% 12/01/2030 | | 415,000 | | 394,632 |
Tahlequah Public Facilities Authority 4.000% 04/01/2023 | | 550,000 | | 558,932 |
Tulsa Public Facilities Authority 3.000% 06/01/2031 Callable @ 100.000 06/01/2025 | | 200,000 | | 196,330 |
Tulsa Public Facilities Authority 5.000% 06/01/2025 | | 475,000 | | 507,846 |
Wagoner County School Development Authority 4.000% 09/01/2027 | | 500,000 | | 524,800 |
| | | | | 25,116,883 |
| | | | | |
Pre-Refunded (4.0%) | | | | |
Oklahoma Development Finance Authority 4.000% 06/01/2038 Callable @ 100.000 06/01/2029 | | 435,000 | | 454,919 |
Oklahoma Capitol Improvement Authority 4.000% 07/01/2043 Callable @ 100.000 07/01/2026 | | 500,000 | | 528,095 |
*Oklahoma Municipal Power Authority 5.750% 01/01/2024 | | 370,000 | | 388,015 |
Okmulgee County Governmental Building Authority 4.250% 12/01/2035 Callable @ 100.000 12/01/2023 | | 500,000 | | 517,300 |
Sapulpa Municipal Authority 5.000% 04/01/2028 Callable @ 100.000 04/01/2023 | | 750,000 | | 767,805 |
| | | | | 2,656,134 |
| | | | | |
Transportation (7.7%) | | | | |
*Oklahoma Capital Improvement Authority 4.000% 07/01/2045 Callable @ 100.000 07/01/2030 | | 2,000,000 | | 2,071,660 |
Oklahoma Turnpike Authority 4.000% 01/01/2042 Callable @ 100.000 01/01/2027 | | 1,000,000 | | 1,039,410 |
Oklahoma Turnpike Authority 4.000% 01/01/2038 Callable @ 100.000 01/01/2027 | | 100,000 | | 103,956 |
*Tulsa Airports Improvement Trust 4.000% 06/01/2035 Callable @ 100.000 06/01/2028 | | 1,355,000 | | 1,394,634 |
Tulsa Airports Improvement Trust 4.000% 06/01/2036 Callable @ 100.000 06/01/2028 | | 145,000 | | 148,753 |
Tulsa Airports Improvement Trust 5.000% 06/01/2027 | | 300,000 | | 328,821 |
| | | | | 5,087,234 |
Utilities (18.1%) | | | | |
Clinton Public Works Authority 4.000% 12/01/2034 Callable @ 100.000 12/01/2024 | | 750,000 | | 765,308 |
Clinton Public Works Authority 4.000% 12/01/2039 Callable @ 100.000 12/01/2024 | | 500,000 | | 506,050 |
Coweta Public Works Authority 4.000% 08/01/2032 Callable @ 100.000 08/01/2026 | | 1,000,000 | | 1,038,100 |
Edmond Public Works Authority 5.000% 07/01/2032 Callable @ 100.000 07/01/2027 | | 500,000 | | 548,640 |
Miami Special Utility Authority 4.000% 12/01/2036 Callable @ 100.000 12/01/2026 | | 500,000 | | 515,905 |
Oklahoma City Water Utilities Trust 5.000% 07/01/2034 Callable @ 100.000 07/01/2025 | | 100,000 | | 106,682 |
Oklahoma City Water Utilities Trust 4.000% 07/01/2039 Callable @ 100.000 07/01/2025 | | 175,000 | | 178,645 |
Oklahoma Water Resources Board 5.000% 10/01/2029 Callable @ 100.000 10/01/2024 | | 250,000 | | 264,530 |
Oklahoma Water Resources Board 5.000% 10/01/2033 Callable @ 100.000 10/01/2024 | | 500,000 | | 527,880 |
Oklahoma Water Resources Board 4.000% 10/01/2038 Callable @ 100.000 10/01/2028 | | 325,000 | | 342,713 |
Oklahoma Water Resources Board 4.000% 10/01/2043 Callable @ 100.000 10/01/2028 | | 830,000 | | 872,272 |
Oklahoma Water Resources Board 4.000% 10/01/2048 Callable @ 100.000 10/01/2028 | | 1,460,000 | | 1,525,204 |
Oklahoma Water Resources Board 4.000% 10/01/2045 Callable @ 100.000 10/01/2030 | | 955,000 | | 1,020,876 |
Oklahoma Water Resources Board 4.000% 10/01/2045 Callable @ 100.000 10/01/2030 | | 465,000 | | 492,821 |
Oklahoma Water Resources Board 4.000% 10/01/2050 Callable @ 100.000 10/01/2030 | | 515,000 | | 545,030 |
*Washington County Rural Water District No 3 3.000% 09/15/2041 Callable @ 100.000 03/01/2028 | | 3,000,000 | | 2,736,563 |
| | | | | 11,987,219 |
| | | | | |
TOTAL MUNICIPAL BONDS (COST: $65,188,954 ) | | | $ | 61,652,102 |
| | | | | |
OTHER ASSETS LESS LIABILITIES (6.8%) | | | $ | 4,517,994 |
| | | | | |
NET ASSETS (100.0%) | | | $ | 66,170,096 |
| | | | | |
*Indicates bonds are segregated by the custodian to cover when-issued or delayed delivery purchases. |
| | | | | |
| | | | | |
VIKING TAX-FREE FUND FOR MONTANA |
| | | | | |
Schedule of Investments April 29, 2022 (unaudited) |
| | | | | |
| | | Principal | | Fair |
| | | Amount | | Value |
MUNICIPAL BONDS (96.1%) | | | | |
| | | | | |
Education (6.0%) | | | | |
Flathead County School District No 6 Columbia Falls 3.000% 07/01/2034 Callable @ 100.000 01/01/2031 | $ | 280,000 | $ | 269,850 |
Montana State Board of Regents 4.000% 11/15/2025 Callable @ 100.000 11/15/2022 | | 500,000 | | 504,875 |
Montana State Board of Regents 5.000% 11/15/2045 Callable @ 100.000 11/15/2027 | | 1,000,000 | | 1,104,920 |
Montana State Board of Regents 5.000% 11/15/2034 Callable @ 100.000 11/15/2031 | | 500,000 | | 572,145 |
Montana State Board of Regents 5.000% 11/15/2035 Callable @ 100.000 11/15/2031 | | 410,000 | | 468,236 |
Montana State Board of Regents 4.000% 11/15/2040 Callable @ 100.000 11/15/2031 | | 315,000 | | 328,038 |
Montana State Board of Regents 4.000% 11/15/2041 Callable @ 100.000 11/15/2031 | | 400,000 | | 415,388 |
Montana State Board of Regents 4.000% 11/15/2046 Callable @ 100.000 11/15/2031 | | 1,225,000 | | 1,267,177 |
| | | | | 4,930,629 |
General Obligation (46.4%) | | | | |
City of Bozeman MT 4.000% 07/01/2028 Callable @ 100.000 01/01/2024 | | 540,000 | | 556,114 |
City of Bozeman MT 4.000% 07/01/2034 Callable @ 100.000 07/01/2029 | | 500,000 | | 524,340 |
City & County of Butte Silver Bow MT 4.000% 07/01/2030 Callable @ 100.000 07/01/2026 | | 225,000 | | 233,856 |
City & County of Butte Silver Bow MT 4.000% 07/01/2032 Callable @ 100.000 07/01/2026 | | 240,000 | | 248,318 |
City & County of Butte Silver Bow MT 4.500% 07/01/2034 Callable @ 100.000 07/01/2026 | | 850,000 | | 897,796 |
Carbon County High School District No 1 Red Lodge 3.000% 07/01/2039 Callable @ 100.000 01/01/2031 | | 475,000 | | 445,598 |
Carbon County High School District No 1 Red Lodge 3.000% 07/01/2041 Callable @ 100.000 01/01/2031 | | 255,000 | | 238,078 |
Carbon County K 12 School District No 2 Bridger 3.000% 07/01/2037 Callable @ 100.000 01/01/2031 | | 580,000 | | 557,102 |
Carbon County K 12 School District No 2 Bridger 3.000% 07/01/2038 Callable @ 100.000 01/01/2031 | | 600,000 | | 572,952 |
Carbon County K 12 School District No 2 Bridger 3.000% 07/01/2039 Callable @ 100.000 01/01/2031 | | 620,000 | | 590,903 |
Carbon County K 12 School District No 2 Bridger 3.000% 07/01/2040 Callable @ 100.000 01/01/2031 | | 535,000 | | 506,490 |
Carbon County K 12 School District No 2 Bridger 3.000% 07/01/2041 Callable @ 100.000 01/01/2031 | | 500,000 | | 470,840 |
Cascade County Elementary School District No 1 Great Falls 4.000% 07/01/2031 Callable @ 100.000 07/01/2027 | | 700,000 | | 732,305 |
Cascade County School District 5/5C Centerville 3.000% 07/01/2033 Callable @ 100.000 07/01/2031 | | 305,000 | | 298,080 |
Cascade County School District 5/5C Centerville 3.000% 07/01/2035 Callable @ 100.000 07/01/2031 | | 250,000 | | 237,313 |
Cascade County School District 5/5C Centerville 3.000% 07/01/2037 Callable @ 100.000 07/01/2031 | | 245,000 | | 231,126 |
Cascade County School District 5/5C Centerville 3.000% 07/01/2039 Callable @ 100.000 07/01/2031 | | 365,000 | | 342,407 |
Flathead County High School District No 5 Kalispell 5.000% 07/01/2039 Callable @ 100.000 07/01/2028 | | 455,000 | | 505,318 |
Flathead County School District No 6 Columbia Falls 4.000% 07/01/2039 Callable @ 100.000 07/01/2030 | | 1,000,000 | | 1,031,520 |
Flathead County School District No 6 Columbia Falls 3.000% 07/01/2038 Callable @ 100.000 01/01/2031 | | 250,000 | | 234,850 |
Flathead County School District No 6 Columbia Falls 3.000% 07/01/2040 Callable @ 100.000 01/01/2031 | | 250,000 | | 233,765 |
City of Fort Benton MT 3.000% 07/01/2035 Callable @ 100.000 07/01/2030 | | 715,000 | | 680,902 |
City of Fort Benton MT 3.000% 07/01/2040 Callable @ 100.000 07/01/2030 | | 770,000 | | 688,241 |
Gallatin County MO Etc MO High School District No J 24 Three Forks 4.000% 07/01/2035 Callable @ 100.000 07/01/2030 | | 465,000 | | 491,775 |
Gallatin County MO Etc MO High School District No J 24 Three Forks 4.000% 07/01/2037 Callable @ 100.000 07/01/2030 | | 605,000 | | 624,427 |
Gallatin County High School District No 7 Bozeman 3.000% 12/01/2034 Callable @ 100.000 06/01/2027 | | 500,000 | | 477,085 |
Gallatin County High School District No 7 Bozeman 3.000% 06/01/2035 Callable @ 100.000 06/01/2027 | | 300,000 | | 284,877 |
Gallatin County School District No 72 Ophir 4.000% 07/01/2031 Callable @ 100.000 07/01/2030 | | 775,000 | | 821,043 |
Gallatin County School District No 72 Ophir 4.000% 07/01/2032 Callable @ 100.000 07/01/2030 | | 695,000 | | 733,552 |
Gallatin County School District No 72 Ophir 4.000% 07/01/2035 Callable @ 100.000 07/01/2030 | | 535,000 | | 556,031 |
Gallatin County School District No 72 Ophir 4.000% 07/01/2036 Callable @ 100.000 07/01/2030 | | 565,000 | | 588,781 |
Gallatin County School District No 72 Ophir 4.000% 07/01/2037 Callable @ 100.000 07/01/2030 | | 800,000 | | 829,136 |
Gallatin County School District No 7 Bozeman 4.000% 12/01/2032 Callable @ 100.000 06/01/2026 | | 610,000 | | 629,886 |
Gallatin County School District No 7 Bozeman 4.000% 12/01/2033 Callable @ 100.000 06/01/2026 | | 260,000 | | 268,031 |
Gallatin County School District No 27 Monforton 4.250% 06/15/2026 Callable @ 100.000 06/15/2023 | | 415,000 | | 423,902 |
Gallatin County School District No 44 Belgrade 3.500% 06/15/2028 | | 575,000 | | 573,718 |
Gallatin County School District No 44 Belgrade 4.000% 06/01/2031 Callable @ 100.000 06/01/2029 | | 265,000 | | 278,783 |
Gallatin County School District No 44 Belgrade 4.000% 06/01/2036 Callable @ 100.000 06/01/2029 | | 345,000 | | 358,317 |
Gallatin County School District No 3 Manhattan 4.000% 07/01/2034 Callable @ 100.000 07/01/2026 | | 465,000 | | 479,127 |
Missoula High School District No 1 4.000% 07/01/2032 Callable @ 100.000 07/01/2026 | | 275,000 | | 285,296 |
Hellgate School District No 4 5.000% 06/15/2028 Callable @ 100.000 06/15/2027 | | 500,000 | | 559,025 |
Hellgate School District No 4 5.000% 06/15/2029 Callable @ 100.000 06/15/2027 | | 500,000 | | 551,240 |
Hellgate School District No 4 5.000% 06/15/2030 Callable @ 100.000 06/15/2027 | | 500,000 | | 547,490 |
Desmet School District No 20 3.000% 07/01/2040 Callable @ 100.000 07/01/2030 | | 320,000 | | 299,219 |
DeSmet School District No 20 3.000% 07/01/2041 Callable @ 100.000 07/01/2031 | | 200,000 | | 189,418 |
City of Missoula MT 4.000% 07/01/2031 Callable @ 100.000 07/01/2025 | | 250,000 | | 259,203 |
* Missoula County Elementary School District No 1 4.000% 07/01/2032 Callable @ 100.000 07/01/2026 | | 500,000 | | 515,945 |
Missoula County Elementary School District No 1 4.000% 07/01/2033 Callable @ 100.000 07/01/2026 | | 750,000 | | 776,640 |
State of Montana 4.000% 08/01/2023 | | 385,000 | | 395,503 |
State of Montana 4.000% 08/01/2026 Callable @ 100.000 08/01/2024 | | 855,000 | | 888,986 |
State of Montana 4.000% 08/01/2027 Callable @ 100.000 08/01/2024 | | 480,000 | | 498,624 |
State of Montana 5.000% 08/01/2030 | | 500,000 | | 583,255 |
Ravalli County High School District No 2 Stevensville 4.000% 07/01/2037 Callable @ 100.000 07/01/2029 | | 250,000 | | 256,365 |
Ravalli County High School District No 2 Stevensville 4.000% 07/01/2038 Callable @ 100.000 07/01/2029 | | 965,000 | | 989,569 |
Ravalli County High School District No 2 Stevensville 4.000% 07/01/2039 Callable @ 100.000 07/01/2029 | | 355,000 | | 363,627 |
County of Ravalli MT 4.250% 07/01/2030 Callable @ 100.000 07/01/2024 | | 755,000 | | 776,434 |
Ravalli & Missoula Counties Joint School District No 15 6 4.000% 07/01/2038 Callable @ 100.000 07/01/2029 | | 250,000 | | 257,803 |
Ravalli & Missoula Counties Joint School District No 15 6 4.000% 07/01/2039 Callable @ 100.000 07/01/2029 | | 250,000 | | 257,510 |
*Silver Bow County School District No 1 4.000% 07/01/2038 Callable @ 100.000 07/01/2029 | | 1,960,000 | | 2,009,902 |
Stillwater County Elementary School District No 6 Columbus 5.000% 07/01/2039 Callable @ 100.000 07/01/2029 | | 300,000 | | 332,895 |
Stillwater County High School District No 6 Columbus 4.000% 07/01/2037 Callable @ 100.000 07/01/2029 | | 530,000 | | 555,800 |
Stillwater County High School District No 6 Columbus 4.000% 07/01/2039 Callable @ 100.000 07/01/2029 | | 275,000 | | 287,524 |
Valley County K 12 School District No 1 A Glasgow/MT 4.250% 07/01/2031 Callable @ 100.000 07/01/2023 | | 450,000 | | 459,090 |
Yellowstone County High School District No 7 Laurel 3.000% 07/01/2025 | | 225,000 | | 227,054 |
Yellowstone County School District No 2 Billings 5.000% 06/15/2024 | | 500,000 | | 530,755 |
Yellowstone County School District No 2 Billings 3.000% 06/15/2032 Callable @ 100.000 12/15/2027 | | 630,000 | | 628,072 |
Yellowstone County School District No 2 Billings 3.000% 06/15/2034 Callable @ 100.000 12/15/2027 | | 315,000 | | 300,362 |
Yellowstone County School District No 2 Billings 3.000% 06/15/2035 Callable @ 100.000 12/15/2027 | | 430,000 | | 408,655 |
Yellowstone County School District No 8 Elder Grove 4.000% 07/01/2037 Callable @ 100.000 07/01/2028 | | 875,000 | | 897,426 |
Yellowstone County K 12 School District No 26 Lockwood 5.000% 07/01/2037 Callable @ 100.000 07/01/2028 | | 1,000,000 | | 1,099,850 |
Yellowstone County K 12 School District No 26 Lockwood 5.000% 07/01/2038 Callable @ 100.000 07/01/2028 | | 1,500,000 | | 1,630,500 |
| | | | | 38,095,716 |
Health Care (13.8%) | | | | |
Montana Facility Finance Authority 5.000% 07/01/2032 Callable @ 100.000 07/01/2028 | | 1,000,000 | | 1,082,070 |
Montana Facility Finance Authority 5.000% 07/01/2033 Callable @ 100.000 07/01/2028 | | 1,000,000 | | 1,074,230 |
*Montana Facility Finance Authority 4.000% 07/01/2035 Callable @ 100.000 07/01/2030 | | 1,075,000 | | 1,071,302 |
Montana Facility Finance Authority 3.000% 07/01/2040 Callable @ 100.000 07/01/2030 | | 2,000,000 | | 1,872,700 |
Montana Facility Finance Authority 5.000% 08/15/2048 Callable @ 100.000 08/15/2028 | | 500,000 | | 542,225 |
Montana Facility Finance Authority 4.000% 01/01/2037 Callable @ 100.000 01/01/2030 | | 200,000 | | 202,940 |
Montana Facility Finance Authority 4.000% 01/01/2038 Callable @ 100.000 01/01/2030 | | 1,500,000 | | 1,538,490 |
Montana Facility Finance Authority 5.000% 06/01/2028 Callable @ 100.000 12/01/2024 | | 1,015,000 | | 1,058,036 |
Montana Facility Finance Authority 5.000% 06/01/2029 Callable @ 100.000 06/01/2025 | | 915,000 | | 956,321 |
Montana Facility Finance Authority 5.000% 06/01/2035 Callable @ 100.000 06/01/2028 | | 425,000 | | 458,664 |
Montana Facility Finance Authority 5.000% 06/01/2036 Callable @ 100.000 06/01/2028 | | 700,000 | | 764,624 |
County of Yellowstone MT 4.000% 10/01/2029 Callable @ 100.000 10/01/2024 | | 710,000 | | 733,522 |
| | | | | 11,355,125 |
Housing (4.9%) | | | | |
Montana Board of Housing 3.000% 12/01/2023 Callable @ 100.000 12/01/2022 | | 55,000 | | 55,124 |
Montana Board of Housing 3.150% 06/01/2024 Callable @ 100.000 12/01/2022 | | 225,000 | | 226,280 |
Montana Board of Housing 3.150% 12/01/2024 Callable @ 100.000 12/01/2022 | | 80,000 | | 80,453 |
Montana Board of Housing 3.350% 06/01/2025 Callable @ 100.000 12/01/2022 | | 100,000 | | 100,549 |
Montana Board of Housing 3.875% 12/01/2023 Callable @ 100.000 06/01/2023 | | 95,000 | | 96,218 |
Montana Board of Housing 4.050% 06/01/2024 Callable @ 100.000 06/01/2023 | | 90,000 | | 92,093 |
Montana Board of Housing 4.050% 12/01/2024 Callable @ 100.000 06/01/2023 | | 250,000 | | 255,228 |
Montana Board of Housing 4.650% 12/01/2028 Callable @ 100.000 06/01/2023 | | 145,000 | | 147,797 |
Montana Board of Housing 3.400% 12/01/2033 Callable @ 100.000 12/01/2027 | | 260,000 | | 261,381 |
Montana Board of Housing 3.250% 12/01/2044 Callable @ 100.000 12/01/2028 | | 1,020,000 | | 1,025,396 |
Montana Board of Housing 2.800% 12/01/2039 Callable @ 100.000 06/01/2029 | | 715,000 | | 651,851 |
Montana Board of Housing 3.000% 12/01/2045 Callable @ 100.000 06/01/2029 | | 400,000 | | 382,028 |
Montana Board of Housing 3.800% 12/01/2038 Callable @ 100.000 06/01/2028 | | 600,000 | | 624,564 |
| | | | | 3,998,961 |
Other Revenue (9.0%) | | | | |
City of Billings MT 5.500% 07/01/2026 | | 185,000 | | 183,872 |
City of Billings MT 4.375% 07/01/2029 Callable @ 100.000 01/01/2023 | | 490,000 | | 475,374 |
*City of Billings MT 5.000% 07/01/2033 Callable @ 100.000 01/01/2023 | | 900,000 | | 901,260 |
City of Billings MT 5.000% 07/01/2032 Callable @ 100.000 07/01/2028 | | 710,000 | | 728,190 |
City of Billings MT 4.000% 07/01/2036 Callable @ 100.000 07/01/2030 | | 405,000 | | 403,530 |
Gallatin County Rural Improvement District 5.500% 07/01/2025 | | 325,000 | | 323,479 |
*Gallatin County Rural Improvement District 6.000% 07/01/2030 | | 1,000,000 | | 987,090 |
City of Great Falls MT 3.000% 07/01/2035 Callable @ 100.000 07/01/2030 | | 1,005,000 | | 867,858 |
City of Kalispell MT 5.000% 07/01/2033 Callable @ 100.000 07/01/2028 | | 500,000 | | 543,740 |
City of Livingston MT 4.000% 07/01/2034 Callable @ 100.000 01/01/2029 | | 525,000 | | 522,800 |
Madison County Rural Improvement District 5.500% 07/01/2025 | | 10,000 | | 9,982 |
*Madison County Rural Improvement District 6.000% 07/01/2030 | | 1,000,000 | | 987,090 |
City of Missoula MT 4.750% 07/01/2027 | | 90,000 | | 89,773 |
City of Missoula MT 6.000% 07/01/2030 | | 180,000 | | 172,017 |
City of Missoula MT 5.125% 07/01/2026 | | 125,000 | | 122,874 |
| | | | | 7,318,928 |
Pre-Refunded (7.7%) | | | | |
*Montana State Board of Regents 4.000% 05/15/2025 Callable @ 100.000 05/15/2022 | | 2,000,000 | | 2,001,840 |
Montana State Board of Regents 4.000% 05/15/2026 Callable @ 100.000 05/15/2022 | | 1,145,000 | | 1,146,053 |
Montana State Board of Regents 5.000% 11/15/2025 Callable @ 100.000 11/15/2023 | | 500,000 | | 522,835 |
Montana State Board of Regents 5.000% 11/15/2030 Callable @ 100.000 11/15/2023 | | 240,000 | | 249,691 |
Yellowstone County School District No 2 Billings 5.000% 06/15/2026 Callable @ 100.000 06/15/2024 | | 515,000 | | 544,494 |
Yellowstone County School District No 2 Billings 5.000% 06/15/2027 Callable @ 100.000 06/15/2024 | | 1,000,000 | | 1,054,920 |
Yellowstone County School District No 2 Billings 5.000% 06/15/2031 Callable @ 100.000 06/15/2025 | | 350,000 | | 374,808 |
Yellowstone County School District No 2 Billings 5.000% 06/15/2032 Callable @ 100.000 06/15/2025 | | 435,000 | | 468,138 |
| | | | | 6,362,780 |
Transportation (1.7%) | | | | |
Missoula Parking Commission 4.000% 10/01/2026 Callable @ 100.000 04/01/2024 | | 835,000 | | 858,130 |
Missoula Special Improvement Districts/MT 4.600% 07/01/2024 | | 100,000 | | 99,128 |
Missoula Special Improvement Districts/MT 4.600% 07/01/2025 | | 105,000 | | 104,809 |
Missoula Special Improvement Districts/MT 5.400% 07/01/2029 | | 370,000 | | 370,007 |
| | | | | 1,432,074 |
Utilities (6.6%) | | | | |
City of Billings MT 5.000% 07/01/2031 Callable @ 100.000 07/01/2027 | | 260,000 | | 288,033 |
City of Billings MT Solid Waste System Revenue 3.500% 07/01/2039 Callable @ 100.000 07/01/2027 | | 1,510,000 | | 1,507,675 |
City of Billings MT Storm Sewer Revenue 4.000% 07/01/2025 Callable @ 100.000 07/01/2023 | | 215,000 | | 219,386 |
City of Billings MT Storm Sewer Revenue 4.000% 07/01/2026 Callable @ 100.000 07/01/2023 | | 225,000 | | 229,406 |
City of Billings MT Storm Sewer Revenue 4.000% 07/01/2028 Callable @ 100.000 07/01/2025 | | 250,000 | | 261,970 |
City of Billings MT Storm Sewer Revenue 4.000% 07/01/2029 Callable @ 100.000 07/01/2025 | | 250,000 | | 260,103 |
City of Dillon MT Water & Sewer System Revenue 4.000% 07/01/2033 Callable @ 100.000 07/01/2025 | | 250,000 | | 259,308 |
Four Corners County Water & Sewer District 4.000% 07/01/2035 Callable @ 100.000 07/01/2031 | | 585,000 | | 607,517 |
Four Corners County Water & Sewer District 4.000% 07/01/2036 Callable @ 100.000 07/01/2031 | | 610,000 | | 632,424 |
Four Corners County Water & Sewer District 4.000% 07/01/2036 Callable @ 100.000 07/01/2031 | | 525,000 | | 545,134 |
City of Missoula MT Water System Revenue 4.000% 07/01/2037 Callable @ 100.000 07/01/2028 | | 600,000 | | 628,608 |
| | | | | 5,439,561 |
| | | | | |
TOTAL MUNICPAL BONDS (COST: $82,849,103) | | | $ | 78,933,774 |
| | | | | |
OTHER ASSETS LESS LIABILITIES (3.9%) | | | $ | 3,241,547 |
| | | | | |
NET ASSETS (100.0%) | | | $ | 82,175,321 |
| |
*Indicates bonds are segregated by the custodian to cover when-issued or delayed-delivery purchases. |
| | | | | |
| | | | | |
VIKING TAX-FREE FUND FOR NORTH DAKOTA |
| | | | | |
Schedule of Investments April 29, 2022 (unaudited) |
| | | | | |
| | | Principal | | Fair |
| | | Amount | | Value |
MUNICIPAL BONDS (94.3%) | | | | |
| | | | |
Education (14.6%) | | | | |
State Board of Higher Education of the S 4.000% 04/01/2025 Callable @ 100.000 04/01/2024 | $ | 415,000 | $ | 428,998 |
State Board of Higher Education of the S 4.000% 04/01/2028 Callable @ 100.000 04/01/2024 | | 365,000 | | 370,059 |
State Board of Higher Education of the S 4.000% 04/01/2033 Callable @ 100.000 04/01/2025 | | 500,000 | | 506,120 |
State Board of Higher Education of the S 3.250% 04/01/2037 Callable @ 100.000 04/01/2027 | | 250,000 | | 240,328 |
State Board of Higher Education of the S 4.000% 04/01/2044 Callable @ 100.000 04/01/2029 | | 500,000 | | 511,885 |
State Board of Higher Education of the S 3.125% 07/01/2037 Callable @ 100.000 07/01/2029 | | 200,000 | | 161,676 |
State Board of Higher Education of the S 3.200% 07/01/2039 Callable @ 100.000 07/01/2029 | | 200,000 | | 159,386 |
State Board of Higher Education of the S 5.000% 10/01/2030 | | 150,000 | | 168,366 |
State Board of Higher Education of the S 5.000% 10/01/2036 Callable @ 100.000 10/01/2030 | | 310,000 | | 339,469 |
State Board of Higher Education of the S 2.000% 08/01/2033 Callable @ 100.000 08/01/2028 | | 200,000 | | 162,508 |
State Board of Higher Education of the S 2.000% 08/01/2034 Callable @ 100.000 08/01/2028 | | 415,000 | | 325,559 |
University of North Dakota 4.000% 06/01/2040 Callable @ 100.000 06/01/2030 | | 1,000,000 | | 1,026,930 |
| | | | | 4,401,283 |
General Obligation (27.5%) | | | | |
Dickinson Public School District No 1 4.000% 08/01/2034 Callable @ 100.000 08/01/2025 | | 400,000 | | 409,368 |
Fargo Park District 4.000% 05/01/2024 | | 415,000 | | 428,824 |
City of Grand Forks ND 4.000% 12/01/2039 Callable @ 100.000 12/01/2028 | | 470,000 | | 482,432 |
City of Grand Forks ND 4.500% 05/01/2032 Callable @ 100.000 05/01/2025 | | 240,000 | | 246,442 |
City of Horace ND 4.250% 05/01/2035 Callable @ 100.000 05/01/2023 | | 340,000 | | 341,629 |
City of Horace ND 3.000% 05/01/2037 Callable @ 100.000 05/01/2026 | | 500,000 | | 462,695 |
City of Horace ND 3.000% 05/01/2034 Callable @ 100.000 05/01/2027 | | 500,000 | | 457,630 |
Mandan Public School District No 1 3.125% 08/01/2024 Callable @ 100.000 08/01/2022 | | 200,000 | | 200,508 |
Mandan Public School District No 1 3.000% 08/01/2033 Callable @ 100.000 08/01/2029 | | 1,000,000 | | 979,550 |
City of Minot ND Airport Revenue 3.500% 10/01/2025 Callable @ 100.000 10/01/2022 | | 570,000 | | 572,046 |
City of Minot ND Airport Revenue 4.000% 10/01/2028 Callable @ 100.000 10/01/2022 | | 355,000 | | 356,615 |
Nesson Public School District No 2 4.000% 08/01/2039 Callable @ 100.000 08/01/2027 | | 500,000 | | 513,030 |
Thompson Public School District No 61 1.550% 08/01/2038 Callable @ 100.000 08/01/2028 | | 275,000 | | 212,300 |
City of West Fargo ND 2.250% 05/01/2040 Callable @ 100.000 05/01/2026 | | 500,000 | | 404,730 |
West Fargo Park District 3.000% 05/01/2029 | | 275,000 | | 277,596 |
West Fargo Public School District No 6 3.000% 08/01/2035 Callable @ 100.000 08/01/2028 | | 1,000,000 | | 992,650 |
West Fargo Public School District No 6 3.000% 08/01/2036 Callable @ 100.000 08/01/2028 | | 500,000 | | 494,245 |
City of Williston ND 4.000% 05/01/2035 Callable @ 100.000 05/01/2023 | | 200,000 | | 200,900 |
City of Williston ND 4.000% 05/01/2038 Callable @ 100.000 05/01/2023 | | 230,000 | | 230,856 |
| | | | | 8,264,045 |
Health Care (11.6%) | | | | |
County of Burleigh ND 3.500% 11/01/2028 Callable @ 101.000 11/01/2025 | | 215,000 | | 200,728 |
County of Burleigh ND 4.000% 11/01/2032 Callable @ 101.000 11/01/2025 | | 250,000 | | 224,350 |
County of Cass ND 5.000% 02/15/2033 Callable @ 100.000 02/15/2028 | | 445,000 | | 480,547 |
County of Cass ND 4.125% 02/15/2037 Callable @ 100.000 02/15/2028 | | 595,000 | | 611,999 |
*County of Cass ND 4.250% 02/15/2043 Callable @ 100.000 02/15/2028 | | 1,290,000 | | 1,317,451 |
City of Grand Forks ND 3.000% 12/01/2039 Callable @ 100.000 12/01/2031 | | 250,000 | | 215,035 |
City of Grand Forks ND 5.125% 12/01/2025 | | 250,000 | | 251,695 |
City of Langdon ND 6.200% 01/01/2025 | | 100,000 | | 99,850 |
County of Ward ND 5.000% 06/01/2053 Callable @ 100.000 06/01/2028 | | 100,000 | | 102,419 |
| | | | | 3,504,074 |
Housing (10.2%) | | | | |
North Dakota Housing Finance Agency 1.150% 01/01/2028 | | 500,000 | | 457,215 |
North Dakota Housing Finance Agency 1.750% 01/01/2031 Callable @ 100.000 07/01/2030 | | 500,000 | | 438,700 |
North Dakota Housing Finance Agency 2.150% 07/01/2024 | | 530,000 | | 527,520 |
North Dakota Housing Finance Agency 2.500% 01/01/2026 | | 340,000 | | 337,875 |
*North Dakota Housing Finance Agency 3.550% 07/01/2040 Callable @ 100.000 07/01/2026 | | 280,000 | | 278,250 |
North Dakota Housing Finance Agency 3.550% 07/01/2033 Callable @ 100.000 07/01/2027 | | 110,000 | | 109,605 |
North Dakota Housing Finance Agency 3.750% 07/01/2038 | | 275,000 | | 267,333 |
North Dakota Housing Finance Agency 2.950% 07/01/2039 Callable @ 100.000 01/01/2029 | | 195,000 | | 181,933 |
North Dakota Housing Finance Agency 3.050% 07/01/2043 Callable @ 100.000 01/01/2029 | | 190,000 | | 178,946 |
North Dakota Housing Finance Agency 3.000% 07/01/2040 Callable @ 100.000 07/01/2029 | | 300,000 | | 281,610 |
| | | | | 3,058,987 |
Other Revenue (23.8%) | | | | |
County of Barnes ND 4.000% 05/01/2032 Callable @ 100.000 05/01/2025 | | 250,000 | | 255,325 |
County of Barnes ND 4.000% 05/01/2040 Callable @ 100.000 05/01/2025 | | 500,000 | | 506,500 |
City of Grand Forks ND 5.000% 12/15/2028 Callable @ 100.000 12/15/2025 | | 250,000 | | 270,873 |
Jamestown Park District/ND 4.000% 07/01/2032 Callable @ 100.000 07/01/2024 | | 500,000 | | 507,030 |
Jamestown Park District/ND 4.000% 07/01/2033 Callable @ 100.000 07/01/2024 | | 345,000 | | 349,116 |
Jamestown Park District/ND 3.000% 07/01/2035 Callable @ 100.000 07/01/2024 | | 500,000 | | 472,595 |
*City of Mandan ND 4.000% 09/01/2034 Callable @ 100.000 09/01/2024 | | 500,000 | | 507,345 |
*City of Mandan ND 3.250% 09/01/2041 Callable @ 100.000 09/01/2024 | | 1,250,000 | | 1,165,600 |
Minot Park District 3.000% 12/01/2028 Callable @ 100.000 12/01/2023 | | 250,000 | | 249,150 |
Minot Park District 3.750% 12/01/2038 Callable @ 100.000 12/01/2025 | | 435,000 | | 436,270 |
City of Minot ND 2.000% 10/01/2042 Callable @ 100.000 10/01/2028 | | 595,000 | | 441,811 |
City of Minot ND 3.000% 10/01/2038 Callable @ 100.000 10/01/2029 | | 500,000 | | 460,785 |
North Dakota Public Finance Authority 5.000% 06/01/2031 | | 240,000 | | 231,089 |
North Dakota Public Finance Authority 4.000% 06/01/2030 Callable @ 100.000 06/01/2023 | | 400,000 | | 405,000 |
North Dakota Public Finance Authority 4.000% 06/01/2028 Callable @ 100.000 06/01/2024 | | 265,000 | | 271,803 |
North Dakota Public Finance Authority 5.000% 06/01/2028 Callable @ 100.000 06/01/2025 | | 130,000 | | 139,495 |
#City of West Fargo ND 4.000% 12/01/2023 | | 230,000 | | 236,162 |
#City of West Fargo ND 4.000% 12/01/2033 Callable @ 100.000 12/01/2029 | | 240,000 | | 247,903 |
| | | | | 7,153,851 |
Pre-Refunded (3.2%) | | | | |
County of Burleigh ND 5.000% 07/01/2022 | | 300,000 | | 301,680 |
County of Burleigh ND 4.500% 07/01/2032 Callable @ 100.000 07/01/2022 | | 250,000 | | 251,070 |
County of Burleigh ND Multi County Sales 4.000% 11/01/2032 Callable @ 100.000 11/01/2022 | | 400,000 | | 401,692 |
| | | | | 954,442 |
Utilities (3.4%) | | | | |
City of Grand Forks ND Sanitation Revenu 2.600% 09/01/2038 Callable @ 100.000 09/01/2027 | | 290,000 | | 249,629 |
City of Grand Forks ND Sanitation Revenu 2.625% 09/01/2040 Callable @ 100.000 09/01/2027 | | 485,000 | | 406,202 |
Mclean Sheridan Water District 2.000% 09/01/2038 Callable @ 100.000 09/01/2028 | | 205,000 | | 158,537 |
City of West Fargo ND Water & Sewer Reve 2.625% 11/01/2034 Callable @ 100.000 11/01/2025 | | 250,000 | | 222,473 |
| | | | | 1,036,840 |
| | | | |
TOTAL MUNICIPAL BONDS (COST: $30,201,041) | | | $ | 28,373,522 |
| | | | |
OTHER ASSETS LESS LIABILITIES (5.7%) | | | | 1,730,070 |
| | | | |
NET ASSETS (100.0%) | | | $ | 30,103,592 |
|
*Indicates bonds are segregated by the custodian to cover when-issued or delayed delivery purchases. |
