| | Principal
Amount
USD ($) | | | | Value |
| | | | UNAFFILIATED ISSUERS - 96.8% | | |
| | | | ASSET BACKED SECURITY - 0.1% of Net Assets |
| | 1,945,635 | | New York State Housing Finance Agency, 1.65%, 5/15/39 | $1,894,492 |
| | | | TOTAL ASSET BACKED SECURITY | |
| | | | (Cost $1,945,635) | $1,894,492 |
| | | | MUNICIPAL BONDS - 92.3% of Net Assets(a) |
| | | | Arizona - 0.0%† | |
| | 135,000(b) | | City of Mesa, Utility System Revenue, 3.25%, 7/1/29 | $146,280 |
| | 9,000 | | County of Pima, Industrial Development Authority, Arizona Charter Schools Project, Series C, 6.75%, 7/1/31 | 9,158 |
| | | | Total Arizona | | $155,438 |
| | | | California - 6.8% | |
| | 10,000,000(c) | | Alameda Corridor Transportation Authority, California Revenue Capital Appreciation Senior Lien, Series A, 10/1/31 (NATL Insured) | $8,252,100 |
| | 16,695,000(c)(d) | | Anaheim Public Financing Authority, Public Improvements Project, Series C, 9/1/36 (AGM Insured) | 12,654,142 |
| | 36,350,000(c) | | California County Tobacco Securitization Agency, Capital Appreciation, Stanislaus County, Subordinated, Series D, 6/1/55 | 2,735,701 |
| | 2,985,000 | | California Educational Facilities Authority, Stanford University, Series U-7, 5.0%, 6/1/46 | 4,497,888 |
| | 6,400,000 | | California Educational Facilities Authority, Stanford University, Series U-A, 5.0%, 5/1/45 | 9,600,384 |
| | 7,000,000 | | City of San Francisco, Public Utilities Commission Water Revenue, Series A, 4.0%, 11/1/34 | 7,825,440 |
| | 5,000,000(e) | | Coast Community College District, Election 2012, Series D, 5.0%, 8/1/31 | 6,258,100 |
| | 6,000,000 | | Golden State Tobacco Securitization Corp., Asset-Backed, Series A-2, 5.0%, 6/1/47 | 6,195,000 |
| | 3,000,000 | | Long Beach Bond Finance Authority, Series A, 5.5%, 11/15/37 | 4,330,650 |
| | 2,180,000(e) | | Pomona Unified School District, Series A, 6.55%, 8/1/29 (NATL Insured) | 2,750,668 |
| | 5,000,000(e) | | San Diego Unified School District, Series R2, 0.0%, 7/1/40 | 5,649,900 |
| | 3,500,000 | | San Francisco City & County Airport Commission-San Francisco International Airport, Series B, 5.0%, 5/1/47 | 4,170,320 |
| | 7,000,000(e) | | State of California, 3.0%, 10/1/49 | 7,348,390 |
| | 7,130,000 | | University of California, 4.0%, 5/15/41 | 8,292,689 |
| | 10,000,000 | | University of California, 4.0%, 5/15/47 | 11,692,100 |
| | 5,000,000 | | University of California, Series AV, 5.0%, 5/15/35 | 6,199,450 |
| | | | Total California | | $108,452,922 |
| | | | Colorado - 1.5% | |
| | 6,265,000 | | Board of Water Commissioners City & County of Denver, 4.0%, 9/15/34 | $7,620,934 |
| | 5,000,000 | | Metro Wastewater Reclamation District, 2.5%, 4/1/45 | 5,195,950 |
| | 5,000,000 | | University of Colorado, Series A-2, 4.0%, 6/1/38 | 5,794,900 |
| | 5,000,000 | | University of Colorado, Series A-2, 4.0%, 6/1/39 | 5,637,600 |
| | | | Total Colorado | | $24,249,384 |
| | | | Connecticut - 0.3% | |
| | 3,000,000(e) | | Metropolitan District, 3.0%, 3/1/29 | $3,109,230 |
| | 2,000,000 | | Mohegan Tribal Finance Authority, Connecticut Tribal Economic Development, 7.0%, 2/1/45 (144A) | 2,040,160 |
| | | | Total Connecticut | | $5,149,390 |
| | | | District of Columbia - 1.1% | |
| | 10,000,000 | | District of Columbia Tobacco Settlement Financing Corp., Asset-Backed, 6.75%, 5/15/40 | $10,239,000 |
| | 84,000,000(c) | | District of Columbia Tobacco Settlement Financing Corp., Asset-Backed, Series C, 6/15/55 | 7,972,440 |
| | | | Total District of Columbia | | $18,211,440 |
| | | | Florida - 9.2% | |
| | 2,935,000 | | Broward County FL Water & Sewer Utility Revenue, 3.0%, 10/1/41 | $3,277,221 |
| | 1,000,000 | | Central Florida Expressway Authority, 5.0%, 7/1/39 | 1,218,340 |
| | 2,000,000 | | Central Florida Expressway Authority, Senior Lien, 5.0%, 7/1/38 | 2,443,380 |
| | 2,615,000 | | City of Tampa, Baycare Health Care, Series A, 5.0%, 11/15/46 | 3,014,075 |
| | 6,145,000 | | County of Hillsborough FL, 3.0%, 8/1/41 | 6,581,664 |
| | 5,375,000 | | County of Hillsborough FL Utility Revenue, 3.0%, 8/1/36 | 5,778,716 |
| | 4,500,000 | | County of Hillsborough, Utility Revenue, 3.0%, 8/1/37 | 4,846,140 |
| | 2,360,000(e) | | County of Miami-Dade FL, 4.0%, 7/1/38 | 2,808,896 |
| | 2,455,000(e) | | County of Miami-Dade FL, 4.0%, 7/1/39 | 2,907,506 |
| | 10,000,000 | | County of Miami-Dade FL Water & Sewer System Revenue, 3.0%, 10/1/49 | 10,568,800 |
| | 18,500,000 | | County of Miami-Dade FL Water & Sewer System Revenue, 4.0%, 10/1/49 | 21,304,415 |
| | 2,500,000 | | County of Orange, Water Utility System Revenue, 3.0%, 10/1/32 | 2,609,025 |
| | 4,645,000 | | County of Orange, Water Utility System Revenue, 3.0%, 10/1/34 | 4,827,038 |
| | 20,000,000 | | Hillsborough County Industrial Development Authority, 3.5%, 8/1/55 | 21,136,200 |
| | 6,850,000 | | JEA Water & Sewer System Revenue, Series A, 4.0%, 10/1/34 | 7,803,999 |
| | 3,595,000(e) | | State of Florida, 2.0%, 7/1/33 | 3,758,069 |
| | 16,500,000 | | State of Florida Department of Transportation Turnpike System Revenue, 3.0%, 7/1/49 | 17,643,615 |
| | 10,000,000 | | State of Florida Department of Transportation Turnpike System Revenue, 4.0%, 7/1/39 | 11,482,300 |
| | 4,645,000(e) | | State of Florida, Department Transportation Right of Way, 3.25%, 7/1/37 | 5,120,369 |
| | 7,660,000(e) | | State of Florida, Department Transportation Right of Way, 4.0%, 7/1/39 | 8,836,499 |
| | | | Total Florida | | $147,966,267 |
| | | | Georgia - 3.6% | |
| | 1,500,000 | | Brookhaven Development Authority, 3.0%, 7/1/46 | $1,569,960 |
| | 4,800,000 | | Brookhaven Development Authority, 4.0%, 7/1/44 | 5,569,152 |
| | 12,000,000 | | Brookhaven Development Authority, 4.0%, 7/1/49 | 13,785,360 |
| | 10,000,000 | | County of Fulton GA Water & Sewerage Revenue, 2.25%, 1/1/42 | 10,052,300 |
| | 2,040,000(e) | | County of Fulton, Library Bond, 3.25%, 7/1/37 | 2,243,653 |
| | 2,870,000(e) | | County of Fulton, Library Bond, 3.5%, 7/1/39 | 3,168,251 |
| | Principal
Amount
USD ($) | | | | Value |
| | | | Georgia – (continued) | |
| | 4,790,000(e) | | County of Fulton, Library Bond, 4.0%, 7/1/40 | $ 5,429,992 |
| | 4,000,000 | | Forsyth County Water & Sewerage Authority, 3.0%, 4/1/44 | 4,333,960 |
| | 2,000,000 | | Main Street Natural Gas, Inc., Series A, 4.0%, 5/15/39 | 2,223,280 |
| | 5,000,000 | | Metropolitan Atlanta Rapid Transit Authority, Series C, 3.5%, 7/1/38 | 5,435,600 |
| | 2,750,000 | | Private Colleges & Universities Authority, Emory University, Series A, 5.0%, 10/1/43 | 3,016,860 |
| | | | Total Georgia | | $56,828,368 |
| | | | Illinois - 2.0% | |
| | 1,000,000 | | Illinois Finance Authority, Art Institute Of Chicago, 4.0%, 3/1/38 | $1,102,840 |
| | 1,500,000 | | Illinois Finance Authority, Art Institute Of Chicago, 5.0%, 3/1/30 | 1,784,145 |
| | 5,000,000 | | Illinois Finance Authority, Centegra Health System, Series A, 5.0%, 9/1/42 | 5,446,000 |
| | 1,500,000 | | Illinois Finance Authority, Northwestern Memorial Healthcare, 4.0%, 7/15/36 | 1,715,820 |
| | 2,175,000 | | Illinois Finance Authority, Northwestern Memorial Healthcare, 4.0%, 7/15/37 | 2,483,459 |
| | 3,000,000 | | Illinois Finance Authority, Northwestern Memorial Healthcare, 4.0%, 7/15/47 | 3,366,450 |
| | 8,540,000 | | Illinois Finance Authority, Presence Health Network, Series C, 5.0%, 2/15/33 | 10,371,232 |
| | 1,000,000 | | Illinois Finance Authority, Presence Health Network, Series C, 5.0%, 2/15/36 | 1,213,170 |
| | 3,650,000(d) | | Metropolitan Pier & Exposition Authority, Mccormick Place Convention, 7.0%, 7/1/26 | 4,291,086 |
| | | | Total Illinois | | $31,774,202 |
| | | | Indiana - 0.2% | |
| | 3,000,000 | | Indiana University, Series A, 4.0%, 6/1/42 | $3,265,050 |
| | | | Total Indiana | | $3,265,050 |
| | | | Louisiana - 0.4% | |
| | 6,000,000(b) | | Jefferson Parish Hospital Service District No. 2, East Jefferson General Hospital, 6.375%, 7/1/41 | $6,084,900 |
| | 400,000(b) | | Louisiana State Citizens Property Insurance Corp., 5.0%, 6/1/24 | 421,644 |
| | 500,000(b) | | Louisiana State Citizens Property Insurance Corp., 5.0%, 6/1/24 (AGM Insured) | 527,535 |
| | | | Total Louisiana | | $7,034,079 |
| | | | Maine - 0.8% | |
| | 4,500,000(b) | | Maine Health & Higher Educational Facilities Authority, Maine General Medical Center, 6.75%, 7/1/36 | $4,571,010 |
| | 3,040,000(b) | | Maine Health & Higher Educational Facilities Authority, Maine General Medical Center, 6.95%, 7/1/41 | 3,088,518 |
| | 1,000,000 | | Maine Turnpike Authority, 3.0%, 7/1/40 | 1,051,900 |
| | 1,250,000 | | Maine Turnpike Authority, 4.0%, 7/1/45 | 1,420,138 |
| | 2,745,000 | | University of Maine, 5.0%, 3/1/25 (AGM Insured) | 3,191,227 |
| | | | Total Maine | | $13,322,793 |
| | | | Maryland - 3.6% | |
| | 900,000(f) | | Maryland Economic Development Corp., Senior Lien-Chesapeake Bay, Series A, 5.0%, 12/1/16 | $536,625 |
| | 400,000(f) | | Maryland Economic Development Corp., Senior Lien-Chesapeake Bay, Series B, 5.0%, 12/1/16 | 238,500 |
| | 10,000,000 | | State of Maryland Department of Transportation, 5.0%, 10/1/35 | 13,272,800 |
| | 3,745,000 | | University System of Maryland, 4.0%, 4/1/41 | 4,483,252 |
| | 5,480,000 | | University System of Maryland, 4.0%, 4/1/44 | 6,505,308 |
| | 6,165,000 | | Washington Suburban Sanitary Commission, 3.0%, 6/1/45 (CNTY GTD Insured) | 6,607,524 |
| | 6,000,000 | | Washington Suburban Sanitary Commission, 3.0%, 6/1/47 (CNTY GTD Insured) | 6,384,660 |
| | 5,175,000 | | Washington Suburban Sanitary Commission, Consolidated Public Improvement, 3.0%, 6/1/35 (CNTY GTD Insured) | 5,630,348 |
| | 5,180,000 | | Washington Suburban Sanitary Commission, Consolidated Public Improvement, 3.0%, 6/1/37 (CNTY GTD Insured) | 5,598,855 |
| | 3,880,000 | | Washington Suburban Sanitary Commission, Consolidated Public Improvement, Second Series, 4.0%, 6/1/43 (CNTY GTD Insured) | 4,236,843 |
| | 3,735,000 | | Washington Suburban Sanitary Commission, Consolidated Public Improvement, Second Series, 4.0%, 6/1/44 (CNTY GTD Insured) | 4,074,848 |
| | | | Total Maryland | | $57,569,563 |
| | | | Massachusetts - 18.5% | |
| | 3,485,000(e) | | Cape Cod Regional Technical High School District, School Project Loan Chapter 70 B, 4.0%, 11/15/37 | $3,945,961 |
| | 3,485,000(e) | | Cape Cod Regional Technical High School District, School Project Loan Chapter 70 B, 4.0%, 11/15/38 | 3,940,385 |
| | 1,475,000(e) | | City of Attleboro, Municipal Purpose Loan, 3.125%, 2/15/35 | 1,565,152 |
| | 1,520,000(e) | | City of Attleboro, Municipal Purpose Loan, 3.25%, 2/15/36 | 1,624,652 |
| | 1,565,000(e) | | City of Attleboro, Municipal Purpose Loan, 3.25%, 2/15/37 | 1,675,160 |
| | 1,055,000(e) | | City of Beverly, 3.125%, 10/15/39 | 1,126,888 |
| | 5,075,000(e) | | City of Cambridge, Municipal Purpose Loan, Series A, 3.0%, 2/15/35 | 5,381,073 |
| | 1,860,000(e) | | City of Revere MA, 2.125%, 9/1/41 (ST AID WITHHLDG Insured) | 1,779,388 |
| | 2,000,000(e) | | City of Revere MA, 2.25%, 9/1/43 (ST AID WITHHLDG Insured) | 1,924,700 |
| | 4,875,000(e) | | City of Somerville MA, 2.125%, 10/15/40 | 4,807,579 |
| | 4,980,000(e) | | City of Somerville MA, 2.125%, 10/15/41 | 4,868,797 |
| | 5,000,000(e) | | City of Waltham MA, 2.5%, 10/15/50 | 5,018,950 |
| | 15,000,000(e) | | Commonwealth of Massachusetts, 2.75%, 3/1/50 | 15,467,250 |
| | 5,000,000(e) | | Commonwealth of Massachusetts, 3.0%, 3/1/49 | 5,259,700 |
| | 1,300,000(e) | | Concord & Carlisle Regional School District, 3.0%, 3/15/29 | 1,335,685 |
| | 1,300,000(e) | | Concord & Carlisle Regional School District, 3.0%, 3/15/31 | 1,330,875 |
| | 1,300,000(e) | | Concord & Carlisle Regional School District, 3.0%, 3/15/33 | 1,328,808 |
| | 2,750,000 | | Massachusetts Bay Transportation Authority, 5.0%, 7/1/34 | 3,600,382 |
| | 7,175,000(c) | | Massachusetts Bay Transportation Authority, Series A, 7/1/28 | 6,331,650 |
| | 5,000,000(c) | | Massachusetts Department of Transportation, Series A, 1/1/28 (NATL Insured) | 4,578,850 |
| | 1,000,000 | | Massachusetts Development Finance Agency, 3.0%, 10/1/45 (AGM Insured) | 1,021,100 |
| | Principal
Amount
USD ($) | | | | Value |
| | | | Massachusetts – (continued) | |
| | 2,500,000 | | Massachusetts Development Finance Agency, 5.0%, 7/1/50 | $3,922,325 |
| | 3,000,000(g) | | Massachusetts Development Finance Agency, 5.0%, 7/1/50 | 3,887,490 |
| | 4,200,000 | | Massachusetts Development Finance Agency, Agency Williams College, Series P, 5.0%, 7/1/43 | 4,572,456 |
| | 1,500,000 | | Massachusetts Development Finance Agency, Berklee College Music, 5.0%, 10/1/35 | 1,772,160 |
| | 1,000,000 | | Massachusetts Development Finance Agency, Berkshire Health System, Series G, 5.0%, 10/1/30 | 1,015,350 |
| | 4,000,000 | | Massachusetts Development Finance Agency, Boston University, Series X, 5.0%, 10/1/48 | 4,338,720 |
| | 12,690,000 | | Massachusetts Development Finance Agency, Broad Institute, 4.0%, 4/1/41 | 14,501,117 |
| | 2,000,000 | | Massachusetts Development Finance Agency, Broad Institute, 5.0%, 4/1/37 | 2,460,440 |
| | 5,000,000 | | Massachusetts Development Finance Agency, Harvard University, Series A, 4.0%, 7/15/36 | 5,774,800 |
| | 25,865,000 | | Massachusetts Development Finance Agency, Harvard University, Series A, 5.0%, 7/15/40 | 38,121,389 |
| | 5,000,000 | | Massachusetts Development Finance Agency, Lawrence General Hospital, Series A, 5.5%, 7/1/44 | 4,533,650 |
| | 4,000,000 | | Massachusetts Development Finance Agency, Lowell General Hospital, Series G, 5.0%, 7/1/44 | 4,239,200 |
| | 400,000 | | Massachusetts Development Finance Agency, Milford Regional Medical Center, Series F, 5.625%, 7/15/36 | 407,016 |
| | 500,000 | | Massachusetts Development Finance Agency, Milford Regional Medical Center, Series F, 5.75%, 7/15/43 | 507,625 |
| | 2,000,000 | | Massachusetts Development Finance Agency, Northeastern University, 4.0%, 10/1/35 | 2,085,120 |
| | 450,000 | | Massachusetts Development Finance Agency, Northeastern University, Series A, 5.0%, 3/1/39 | 500,593 |
| | 2,700,000 | | Massachusetts Development Finance Agency, Partners Healthcare System, Series O, 4.0%, 7/1/45 | 2,885,085 |
| | 8,000,000 | | Massachusetts Development Finance Agency, Partners Healthcare System, Series S, 4.0%, 7/1/35 | 9,548,640 |
| | 5,000,000 | | Massachusetts Development Finance Agency, Partner's Healthcare System, Series S-1, 4.0%, 7/1/41 | 5,769,150 |
| | 875,000 | | Massachusetts Development Finance Agency, Tufts University, Series Q, 4.0%, 8/15/38 | 959,621 |
| | 125,000(b) | | Massachusetts Development Finance Agency, Tufts University, Series Q, 4.0%, 8/15/38 | 144,911 |
| | 6,600,000 | | Massachusetts Development Finance Agency, WGBH Educational Foundation, Series A, 5.75%, 1/1/42 (AMBAC Insured) | 10,282,338 |
| | 4,080,000(c) | | Massachusetts Development Finance Agency, WGBH Educational Foundation, Series B, 1/1/38 (AGC Insured) | 2,819,158 |
| | 835,000 | | Massachusetts Development Finance Agency, Woods Hole Oceanographic Institution, 5.0%, 6/1/38 | 1,013,623 |
| | 1,000,000 | | Massachusetts Development Finance Agency, Woods Hole Oceanographic Institution, 5.0%, 6/1/43 | 1,210,550 |
| | 500,000 | | Massachusetts Development Finance Agency, Woods Hole Oceanographic Institution, 5.0%, 6/1/48 | 597,690 |
| | 2,500,000 | | Massachusetts Development Finance Agency, Worcester Polytechnic Institute, 4.0%, 9/1/49 | 2,557,825 |
| | 1,250,000 | | Massachusetts Development Finance Agency, Worcester Polytechnic Institute, 5.0%, 9/1/50 | 1,311,800 |
| | 16,950,000 | | Massachusetts Health & Educational Facilities Authority, Massachusetts Institute of Technology, Series K, 5.5%, 7/1/32 | 24,836,327 |
| | 2,000,000 | | Massachusetts Health & Educational Facilities Authority, Northeastern University, Series T-2, 4.125%, 10/1/37 | 2,056,740 |
| | 1,000,000(b) | | Massachusetts Port Authority, Series B, 5.0%, 7/1/32 | 1,055,510 |
| | 1,000,000(b) | | Massachusetts Port Authority, Series B, 5.0%, 7/1/33 | 1,048,350 |
| | 1,000,000 | | Massachusetts Port Authority, Series C, 5.0%, 7/1/33 | 1,124,420 |
| | 2,000,000 | | Massachusetts School Building Authority, 3.0%, 8/15/38 | 2,188,740 |
| | 2,500,000 | | Massachusetts School Building Authority, 4.0%, 8/15/40 | 2,975,175 |
| | 2,420,000 | | Massachusetts Water Resources Authority, General, Series B, 5.25%, 8/1/36 (AGM Insured) | 3,659,790 |
| | 4,000,000(e) | | Town of Hingham MA, 2.0%, 2/15/40 | 4,039,720 |
| | 1,000,000(e) | | Town of Hingham MA, 3.0%, 2/15/36 | 1,112,130 |
| | 1,600,000(e) | | Town of Lexington, Municipal Purpose Loan, 3.125%, 2/1/36 | 1,776,320 |
| | 1,150,000(e) | | Town of Lexington, Municipal Purpose Loan, 3.125%, 2/1/37 | 1,273,257 |
| | 1,635,000(e) | | Town of Lexington, Municipal Purpose Loan, 3.25%, 2/1/38 | 1,817,744 |
| | 1,305,000(e) | | Town of Nantucket, 2.0%, 12/15/27 | 1,397,459 |
| | 5,000,000(e) | | Town of Natick, Municipal Purpose Loan, 4.0%, 7/15/37 | 5,635,850 |
| | 1,955,000(e) | | Town of Norwood, Municipal Purpose Loan, 2.125%, 7/15/30 | 2,015,957 |
| | 2,000,000(e) | | Town of Plymouth, Municipal Purpose Loan, 3.0%, 5/1/31 | 2,195,440 |
| | 1,535,000(e) | | Town of Plymouth, Municipal Purpose Loan, 3.375%, 5/1/32 | 1,628,574 |
| | 1,265,000(e) | | Town of Plymouth, Municipal Purpose Loan, 3.5%, 5/1/35 | 1,342,658 |
| | 3,500,000(e) | | Town of Plymouth, Municipal Purpose Loan, 3.5%, 5/1/44 | 3,763,655 |
| | 4,160,000(e) | | Town of Stoughton, Municipal Purpose Loan, 3.0%, 10/15/37 | 4,433,354 |
| | 1,000,000(e) | | Town of Wellesley, Municipal Purpose Loan, 4.0%, 6/1/41 | 1,084,340 |
| | 4,000,000(e) | | Town of Wellesley, Municipal Purpose Loan, 4.0%, 6/1/45 | 4,319,400 |
| | 2,370,000(e) | | Town of Weymouth MA, 2.0%, 8/15/41 | 2,231,189 |
| | 4,500,000(b)(e) | | Town of Wilmington, School, 4.0%, 3/15/37 | 4,651,470 |
| | 2,500,000(b) | | University of Massachusetts Building Authority, Series 1, 5.0%, 11/1/39 | 2,688,675 |
| | | | Total Massachusetts | | $296,005,071 |
| | | | Michigan - 0.7% | |
| | 10,000,000 | | Michigan State Building Authority, 3.0%, 10/15/45 | $10,546,000 |
| | | | Total Michigan | | $10,546,000 |
| | | | Minnesota - 1.9% | |
| | 5,000,000 | | City of Rochester, Health Care Facilities, Mayo Clinic, 4.0%, 11/15/48 | $5,713,150 |
| | 3,000,000 | | City of Rochester, Mayo Clinic, Series B, 5.0%, 11/15/29 | 3,970,260 |
| | 5,350,000 | | City of Rochester, Mayo Clinic, Series B, 5.0%, 11/15/36 | 8,128,897 |
| | 7,600,000(e) | | State of Minnesota, 2.0%, 8/1/34 | 7,729,808 |
| | Principal
Amount
USD ($) | | | | Value |
| | | | Minnesota – (continued) | |
| | 3,000,000(e) | | State of Minnesota, Series B, 3.0%, 10/1/36 | $3,192,450 |
| | 1,000,000 | | University of Minnesota, Series B, 4.0%, 1/1/29 | 1,082,250 |
| | 860,000 | | University of Minnesota, Series B, 4.0%, 1/1/30 | 926,607 |
| | | | Total Minnesota | | $30,743,422 |
| | | | Missouri - 0.6% | |
| | 2,500,000 | | Health & Educational Facilities Authority of the State of Missouri, CoxHealth Hospital, Series A, 5.0%, 11/15/35 | $2,832,525 |
| | 4,000,000 | | Health & Educational Facilities Authority of the State of Missouri, Mercy Health, Series F, 4.0%, 11/15/45 | 4,242,840 |
| | 2,000,000 | | Missouri Development Finance Board, City of Independence-Annual Appropiation Sewer System, 5.25%, 11/1/42 | 2,206,240 |
| | | | Total Missouri | | $9,281,605 |
| | | | Nebraska - 0.1% | |
| | 2,000,000(b) | | University of Nebraska, University Nebraska Lincoln Student, Series A, 3.0%, 7/1/35 | $2,253,800 |
| | | | Total Nebraska | | $2,253,800 |
| | | | New Hampshire - 0.5% | |
| | 2,000,000(e) | | City of Manchester NH, 2.0%, 6/15/33 | $2,007,700 |
| | 1,000,000 | | New Hampshire Health & Education Facilities Authority Act, 5.0%, 8/1/59 | 1,516,730 |
| | 4,000,000 | | New Hampshire Health & Education Facilities Authority Act, Catholic Medical Centre, 3.75%, 7/1/40 | 4,361,920 |
| | | | Total New Hampshire | | $7,886,350 |
| | | | New Jersey - 0.1% | |
| | 1,640,000(e) | | Township of Plainsboro, General Improvement, 2.0%, 8/1/24 | $1,726,674 |
| | | | Total New Jersey | | $1,726,674 |
| | | | New York - 7.3% | |
| | 1,745,000(e) | | Massapequa Union Free School District, 2.0%, 10/1/32 (ST AID WITHHLDG Insured) | $1,714,794 |
| | 1,785,000(e) | | Massapequa Union Free School District, 2.0%, 10/1/33 (ST AID WITHHLDG Insured) | 1,745,801 |
| | 5,000,000 | | New York City Housing Development Corp., 2.75%, 2/1/51 | 5,095,800 |
| | 12,000,000 | | New York City Transitional Finance Authority Future Tax Secured Revenue, 4.0%, 11/1/34 | 14,300,040 |
| | 100,000,000(c) | | New York Counties Tobacco Trust IV, 6/1/60 | 4,715,000 |
| | 10,000,000 | | New York State Dormitory Authority, 3.0%, 3/15/42 | 10,478,500 |
| | 5,000,000 | | New York State Dormitory Authority, 4.0%, 3/15/35 | 5,899,000 |
| | 6,885,000 | | New York State Dormitory Authority, 5.0%, 10/1/50 | 10,575,429 |
| | 5,030,000 | | New York State Dormitory Authority, Columbia University, 5.0%, 10/1/41 | 5,032,716 |
| | 10,000,000 | | New York State Dormitory Authority, Columbia University, Series A-2, 5.0%, 10/1/46 | 15,363,400 |
| | 5,515,000 | | New York State Dormitory Authority, Insured-FIT Student Housing Corp., 5.25%, 7/1/24 (NATL Insured) | 5,903,807 |
| | 4,500,000 | | New York State Dormitory Authority, New York University, Series A, 4.0%, 7/1/36 | 5,187,870 |
| | 1,000,000 | | New York State Dormitory Authority, Series A, 4.0%, 7/1/35 | 1,180,640 |
| | 3,250,000 | | New York State Dormitory Authority, Trustees of Columbia University, 5.0%, 10/1/45 | 4,981,958 |
| | 5,000,000 | | New York State Urban Development Corp., 3.0%, 3/15/49 | 5,130,800 |
| | 10,000,000 | | New York State Urban Development Corp., 4.0%, 3/15/41 | 11,541,600 |
| | 1,500,000 | | Port Authority of New York & New Jersey, Consolidated Ninety-Third Series, 6.125%, 6/1/94 | 1,693,230 |
| | 4,935,000(e) | | Port Chester-Rye Union Free School District, 2.0%, 6/1/36 (ST AID WITHHLDG Insured) | 4,782,706 |
| | | | Total New York | | $115,323,091 |
| | | | North Carolina - 2.1% | |
| | 3,250,000 | | City of Charlotte NC Water & Sewer System Revenue, 2.25%, 7/1/50 | $3,116,815 |
| | 3,000,000 | | City of Charlotte, Storm Water Revenue, 4.0%, 12/1/43 | 3,237,960 |
| | 5,000,000 | | City of Fayetteville, Public Works Commission Revenue, 4.0%, 3/1/44 | 5,746,250 |
| | 10,000,000 | | North Carolina Turnpike Authority, Series A, 4.0%, 1/1/35 | 11,510,700 |
| | 9,615,000(e) | | State of North Carolina, St. Public Improvement Connecourt, Series A, 3.0%, 6/1/35 | 10,614,191 |
| | | | Total North Carolina | | $34,225,916 |
| | | | Ohio - 0.3% | |
| | 800,000 | | County of Lake, Lake Hospital, Series S, 6.0%, 8/15/43 | $803,064 |
| | 3,500,000 | | Ohio Water Development Authority Water Pollution Control Loan Fund, 4.0%, 12/1/38 | 4,215,750 |
| | | | Total Ohio | | $5,018,814 |
| | | | Oklahoma - 0.1% | |
| | 1,395,000 | | McGee Creek Authority, Oklahoma Water Revenue, 6.0%, 1/1/23 (NATL Insured) | $1,466,926 |
| | | | Total Oklahoma | | $1,466,926 |
| | | | Oregon - 2.7% | |
| | 1,800,000 | | City of Portland, Sewer System Revenue, First Lien, Series A, 2.0%, 6/15/29 | $1,870,434 |
| | 5,000,000(e) | | Clackamas County School District No. 7J Lake Oswego, School District, 4.0%, 6/1/43 (SCH BD GTY Insured) | 5,594,200 |
| | 3,000,000(b)(e) | | Deschutes & Jefferson Counties School District No. 2J Redmond, 3.0%, 6/15/32 (SCH BD GTY Insured) | 3,166,170 |
| | 15,000,000 | | Medford Hospital Facilities Authority, 3.0%, 8/15/50 (AGM Insured) | 15,457,800 |
| | 2,000,000(c)(e) | | Multnomah County School District No. 40, Deferred Interest, Series B, 6/15/30 (SCH BD GTY Insured) | 1,701,780 |
| | 2,000,000(c)(e) | | Multnomah County School District No. 40, Deferred Interest, Series B, 6/15/31 (SCH BD GTY Insured) | 1,653,100 |
| | 1,715,000(c)(e) | | Multnomah County School District No. 40, Deferred Interest, Series B, 6/15/32 (SCH BD GTY Insured) | 1,371,383 |
| | 2,000,000 | | Oregon Health & Science University, Series A, 5.0%, 7/1/42 | 2,399,300 |
| | 1,500,000 | | Oregon Health & Science University, Series B, 5.0%, 7/1/28 | 1,793,610 |
| | 7,030,000(e) | | State of Oregon, Series J, 5.0%, 8/1/42 | 8,613,226 |
| | | | Total Oregon | | $43,621,003 |
| | Principal
Amount
USD ($) | | | | Value |
| | | | Pennsylvania - 4.7% | |
| | 825,000 | | Chester County Industrial Development Authority, Collegium Charter School, Series A, 5.125%, 10/15/37 | $920,906 |
| | 175,000 | | Chester County Industrial Development Authority, Collegium Charter School, Series A, 5.25%, 10/15/47 | 193,300 |
| | 10,000,000(e) | | Commonwealth of Pennsylvania, 4.0%, 5/1/32 | 12,151,500 |
| | 4,095,000 | | Dauphin County General Authority, Pinnacle Health System Project, 5.0%, 6/1/42 | 4,255,155 |
| | 3,725,000 | | Delaware County Industrial Development Authority, Chester Charter School Arts Project, Series A, 5.125%, 6/1/46 (144A) | 4,068,072 |
| | 5,385,000 | | Pennsylvania Higher Educational Facilities Authority, 3.0%, 8/15/47 | 5,625,979 |
| | 605,000 | | Pennsylvania Higher Educational Facilities Authority, 4.0%, 12/1/44 | 688,786 |
| | 2,500,000 | | Pennsylvania Higher Educational Facilities Authority, 4.0%, 12/1/48 | 2,837,250 |
| | 4,750,000 | | Pennsylvania Higher Educational Facilities Authority, Thomas Jefferson University, 5.0%, 9/1/39 | 5,311,023 |
| | 1,000,000 | | Pennsylvania Housing Finance Agency, 3.35%, 10/1/45 | 1,038,780 |
| | 2,000,000 | | Pennsylvania Housing Finance Agency, 3.4%, 10/1/49 | 2,077,800 |
| | 2,000,000 | | Pennsylvania Turnpike Commission, Series A-1, 5.0%, 12/1/42 | 2,429,060 |
| | 5,000,000 | | Pennsylvania Turnpike Commission, Series A-1, 5.0%, 12/1/47 | 6,020,100 |
| | 2,500,000 | | Philadelphia Authority for Industrial Development, Childrens Hospital Philadelphia, 4.0%, 7/1/35 | 2,882,000 |
| | 3,750,000 | | Philadelphia Authority for Industrial Development, Childrens Hospital Philadelphia, 4.0%, 7/1/36 | 4,308,713 |
| | 2,500,000 | | Philadelphia Authority for Industrial Development, Childrens Hospital Philadelphia, 4.0%, 7/1/37 | 2,867,650 |
| | 2,500,000 | | Philadelphia Authority for Industrial Development, Childrens Hospital Philadelphia, 5.0%, 7/1/42 | 2,814,450 |
| | 3,000,000 | | Philadelphia Authority for Industrial Development, Thomas Jefferson University, Series A, 4.0%, 9/1/42 | 3,290,490 |
| | 3,680,000 | | Swarthmore Borough Authority, Swarthmore College, 5.0%, 9/15/39 | 4,533,907 |
| | 5,015,000 | | Swarthmore Borough Authority, Swarthmore College, 5.0%, 9/15/44 | 6,219,804 |
| | 1,195,000 | | Swarthmore Borough Authority, Swarthmore College, 5.0%, 9/15/45 | 1,475,765 |
| | | | Total Pennsylvania | | $76,010,490 |
| | | | Puerto Rico - 0.3% | |
| | 7,000,000(e)(f) | | Commonwealth of Puerto Rico, Series A, 8.0%, 7/1/35 | $5,503,750 |
| | | | Total Puerto Rico | | $5,503,750 |
| | | | Rhode Island - 0.9% | |
| | 5,140,000 | | Rhode Island Health & Educational Building Corp., Brown University, Series A, 4.0%, 9/1/37 | $5,943,382 |
| | 3,750,000(g) | | Tender Option Bond Trust Receipts/Certificates, Series 2019-XM0721, 0.0%, 9/1/47 (144A) | 5,535,450 |
| | 20,000,000(c) | | Tobacco Settlement Financing Corp., Asset-Backed, Series B, 6/1/52 | 2,982,000 |
| | | | Total Rhode Island | | $14,460,832 |
| | | | South Carolina - 0.8% | |
| | 5,000,000 | | City of Charleston SC Waterworks & Sewer System Revenue, 4.0%, 1/1/49 | $5,755,150 |
| | 1,000,000 | | SCAGO Educational Facilities Corp. for Pickens School District, 3.25%, 12/1/28 | 1,088,370 |
| | 5,675,000 | | South Carolina Transportation Infrastructure Bank, Series A, 3.0%, 10/1/33 | 5,900,922 |
| | | | Total South Carolina | | $12,744,442 |
| | | | Tennessee - 0.2% | |
| | 2,845,000 | | City of Knoxville TN Electric System Revenue, 4.0%, 7/1/41 | $3,479,663 |
| | | | Total Tennessee | | $3,479,663 |
| | | | Texas - 9.7% | |
| | 3,550,000(c) | | Central Texas Regional Mobility Authority, Capital Appreciation, 1/1/26 | $3,256,237 |
| | 3,000,000(c) | | Central Texas Regional Mobility Authority, Capital Appreciation, 1/1/27 | 2,697,480 |
| | 7,100,000(c) | | Central Texas Regional Mobility Authority, Capital Appreciation, Senior Lien, 1/1/25 | 6,779,648 |
| | 6,500,000 | | Central Texas Turnpike System, 3.0%, 8/15/40 | 6,853,080 |
| | 5,000,000 | | City of Austin TX Airport System Revenue, 5.0%, 11/15/49 | 6,079,550 |
| | 5,360,000 | | City of Austin TX Water & Wastewater System Revenue, 5.0%, 11/15/45 | 6,871,037 |
| | 10,000,000 | | City of Houston TX Combined Utility System Revenue, 2.5%, 11/15/40 | 10,157,800 |
| | 3,790,000(e) | | County of Williamson TX, 2.375%, 2/15/37 | 3,970,328 |
| | 80,000(e) | | Eagle Mountain & Saginaw Independent School District, 3.0%, 8/15/29 (PSF-GTD Insured) | 84,250 |
| | 1,000,000 | | Harris County Cultural Education Facilities Finance Corp., YMCA Greater Houston Area, 5.0%, 6/1/28 | 1,027,380 |
| | 500,000 | | Harris County Cultural Education Facilities Finance Corp., YMCA Greater Houston Area, 5.0%, 6/1/33 | 507,760 |
| | 5,000,000(e) | | Lubbock-Cooper Independent School District, 4.0%, 2/15/49 (PSF-GTD Insured) | 5,358,550 |
| | 2,000,000 | | New Hope Cultural Education Facilities Finance Corp., Cardinal Bay, Inc., Village On The Park, 4.75%, 7/1/51 | 1,347,220 |
| | 5,000,000 | | North Texas Tollway Authority, 3.0%, 1/1/38 | 5,409,000 |
| | 5,000,000 | | North Texas Tollway Authority, 4.0%, 1/2/38 | 5,787,300 |
| | 2,000,000(b) | | North Texas Tollway Authority, First Tier, Series D, 5.0%, 1/1/38 | 2,068,600 |
| | 4,000,000 | | North Texas Tollway Authority, Second Tier, Series A, 5.0%, 1/1/30 | 4,612,760 |
| | 5,000,000 | | North Texas Tollway Authority, Second Tier, Series A, 5.0%, 1/1/35 | 5,708,350 |
| | 5,000,000(e) | | Port Authority of Houston of Harris County Texas, 3.0%, 10/1/39 | 5,535,000 |
| | 10,000,000(e) | | Tarrant County College District, 2.0%, 8/15/37 | 9,856,700 |
| | 1,945,000 | | Texas Department of Housing & Community Affairs, Series A, 3.5%, 7/1/34 (GNMA/FNMA Insured) | 2,160,059 |
| | 2,440,000 | | Texas Department of Housing & Community Affairs, Series A, 3.8%, 7/1/39 (GNMA/FNMA Insured) | 2,698,494 |
| | 5,000,000 | | Texas Water Development Board, 4.0%, 10/15/44 | 5,896,300 |
| | 5,000,000 | | Texas Water Development Board, St. Water Implementation Fund, Series A, 4.0%, 4/15/48 | 5,788,450 |
| | 5,000,000 | | Texas Water Development Board, State Water Implementation Fund, Series B, 5.0%, 4/15/49 | 6,197,100 |
| | Principal
Amount
USD ($) | | | | Value |
| | | | Texas – (continued) | |
| | 25,000,000 | | University of Texas System, Financing System, Series A, 5.0%, 8/15/49 | $ 37,908,500 |
| | | | Total Texas | | $154,616,933 |
| | | | Utah - 1.6% | |
| | 1,000,000 | | Salt Lake City Corp. Airport Revenue, Series B, 5.0%, 7/1/34 | $1,193,480 |
| | 6,000,000(e) | | State of Utah, 3.0%, 7/1/33 | 6,760,800 |
| | 4,000,000(e) | | State of Utah, 3.0%, 7/1/34 | 4,489,960 |
| | 13,110,000 | | Utah State University, 3.0%, 12/1/49 | 13,332,346 |
| | | | Total Utah | | $25,776,586 |
| | | | Virginia - 4.2% | |
| | 3,000,000(e) | | City of Alexandria VA, 3.0%, 7/15/46 (ST AID WITHHLDG Insured) | $3,221,220 |
| | 2,425,000(e) | | City of Lynchburg VA, 2.375%, 8/1/39 | 2,543,801 |
| | 2,505,000(e) | | City of Lynchburg VA, 2.375%, 8/1/40 | 2,621,758 |
| | 1,170,000(e) | | City of Manassas, 2.0%, 7/1/31 (ST AID WITHHLDG Insured) | 1,179,594 |
| | 5,000,000(e) | | City of Richmond VA, 3.0%, 7/15/35 (ST AID WITHHLDG Insured) | 5,444,150 |
| | 4,100,000 | | City of Virginia Beach VA Storm Water Utility Revenue, 3.0%, 11/15/42 | 4,460,267 |
| | 1,500,000(e) | | County of Arlington, 4.0%, 8/15/35 | 1,706,475 |
| | 5,725,000 | | Loudoun County Economic Development Authority, 2.125%, 12/1/39 | 5,886,445 |
| | 5,000,000 | | Loudoun County Economic Development Authority, 3.0%, 12/1/37 | 5,524,450 |
| | 18,490,000 | | Tobacco Settlement Financing Corp., Senior, Series B-1, 5.0%, 6/1/47 | 18,445,809 |
| | 7,075,000 | | University of Virginia, Series A, 5.0%, 4/1/42 | 8,592,163 |
| | 5,000,000 | | Virginia Commonwealth Transportation Board, 3.0%, 5/15/37 | 5,446,900 |
| | 650,000 | | Virginia Housing Development Authority, 2.1%, 7/1/35 | 668,655 |
| | 1,000,000 | | Virginia Housing Development Authority, 2.3%, 7/1/40 | 1,028,460 |
| | | | Total Virginia | | $66,770,147 |
| | | | Washington - 5.1% | |
| | 30,025,000 | | Central Puget Sound Regional Transit Authority, Series S-1, 5.0%, 11/1/46 | $44,871,161 |
| | 4,715,000 | | City of Seattle WA Municipal Light & Power Revenue, 4.0%, 7/1/41 | 5,552,431 |
| | 4,300,000 | | City of Seattle WA Municipal Light & Power Revenue, 4.0%, 7/1/44 | 5,018,917 |
| | 10,250,000 | | City of Seattle, Municipal Light & Power Revenue Improvement, Series A, 4.0%, 1/1/48 | 11,380,473 |
| | 10,000,000 | | King County Housing Authority, Birch Creek Apartments Project, 5.5%, 5/1/38 (CNTY GTD Insured) | 10,040,800 |
| | 3,000,000(e) | | King County Issaquah School District No. 411, 4.5%, 12/1/30 (SCH BD GTY Insured) | 3,340,980 |
| | 1,500,000(b) | | Public Utility District No. 1 of Franklin County, Series A, 5.0%, 9/1/38 | 1,617,150 |
| | | | Total Washington | | $81,821,912 |
| | | | Wisconsin - 0.4% | |
| | 5,000,000(e) | | State of Wisconsin, 4.0%, 5/1/40 | $5,888,200 |
| | | | Total Wisconsin | | $5,888,200 |
| | | | TOTAL MUNICIPAL BONDS | |
| | | | (Cost $1,382,884,701) | $1,479,150,523 |
| | | | U.S. GOVERNMENT AND AGENCY OBLIGATION - 4.4% of Net Assets |
| | 70,000,000(c) | | United States Treasury Bill, 4/13/21 | $69,999,883 |
| | | | TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATION | |
| | | | (Cost $69,999,560) | $69,999,883 |
| | Shares | | | | Value |
| | | | Liquidating Trust – Real Estate – 0.0%† of Net Assets# |
| | 200(h) | | CMS Liquidating Trust, 0.0% 12/30/99 | $440,000 |
| | | | TOTAL LIQUIDATING TRUST – REAL ESTATE | |
| | | | (Cost $640,000) | $440,000 |
| | | | TOTAL INVESTMENTS IN UNAFFILIATED ISSUERS - 96.8% | |
| | | | (Cost $1,455,469,896)(i) | $1,551,484,898 |
| | | | OTHER ASSETS AND LIABILITIES - 3.2% | $51,843,234 |
| | | | NET ASSETS - 100.0% | $1,603,328,132 |
| |
During the three months ended March 31, 2021, there were no transfers in or out of Level 3.
