| | Principal
Amount
USD ($) | | | | Value |
| | | | UNAFFILIATED ISSUERS - 91.6% | | |
| | | | DEBTORS IN POSSESSION FINANCING - 0.5% of Net Assets(a) |
| | | | Entertainment - 0.3% | |
| | 5,000,000 | | Enterprise Development Authority, 12.0%, 7/15/24 (144A) | $4,913,550 |
| | | | Total Entertainment | | $4,913,550 |
| | | | Iron & Steel - 0.2% | |
| | 4,500,000 | | United States Steel Corp., 6.25%, 3/15/26 | $2,812,500 |
| | | | Total Iron & Steel | | $2,812,500 |
| | | | TOTAL DEBTORS IN POSSESSION FINANCING | |
| | | | (Cost $8,150,457) | $7,726,050 |
| | | | MUNICIPAL BONDS - 91.1% of Net Assets(b) |
| | | | Alabama - 1.4% | |
| | 3,500,000 | | Tuscaloosa County Industrial Development Authority, Hunt Refining Project, Series A, 4.5%, 5/1/32 (144A) | $3,489,955 |
| | 17,500,000 | | Tuscaloosa County Industrial Development Authority, Hunt Refining Project, Series A, 5.25%, 5/1/44 (144A) | 17,796,975 |
| | | | Total Alabama | | $21,286,930 |
| | | | Alaska - 2.4% | |
| | 5,420,000 | | Northern Tobacco Securitization Corp., 5.0%, 6/1/32 | $5,433,550 |
| | 31,985,000 | | Northern Tobacco Securitization Corp., Asset-Backed, Series A, 5.0%, 6/1/46 | 32,064,963 |
| | | | Total Alaska | | $37,498,513 |
| | | | Arizona - 1.8% | |
| | 1,675,000 | | Arizona Industrial Development Authority, Doral Academy Nevada Fire Mesa, Series A, 5.0%, 7/15/49 (144A) | $1,542,842 |
| | 8,000,000 | | City of Phoenix, Industrial Development Authority, 3rd & Indian School Assisted Living Project, 5.4%, 10/1/36 | 8,110,560 |
| | 9,400,000 | | City of Phoenix, Industrial Development Authority, Deer Valley Veterans Assisted Living Project, 5.125%, 7/1/36 | 9,243,020 |
| | 1,000,000 | | County of Pima, Industrial Development Authority, Facility Desert Heights Charter, 7.0%, 5/1/34 | 1,073,910 |
| | 3,000,000 | | County of Pima, Industrial Development Authority, Facility Desert Heights Charter, 7.25%, 5/1/44 | 3,226,500 |
| | 1,700,000 | | Tempe Industrial Development Authority, Revenue Mirabella At ASU Project, Series A, 6.125%, 10/1/47 (144A) | 1,710,183 |
| | 2,400,000 | | Tempe Industrial Development Authority, Revenue Mirabella At ASU Project, Series A, 6.125%, 10/1/52 (144A) | 2,407,320 |
| | | | Total Arizona | | $27,314,335 |
| | | | Arkansas - 1.5% | |
| | 27,000,000 | | Arkansas Development Finance Authority, Big River Steel Project, 4.5%, 9/1/49 (144A) | $23,605,830 |
| | | | Total Arkansas | | $23,605,830 |
| | | | California - 10.3% | |
| | 5,165,000 | | California County Tobacco Securitization Agency, Asset-Backed, Gold Country Funding Corp., 5.25%, 6/1/46 | $5,165,826 |
| | 7,830,000 | | California County Tobacco Securitization Agency, Asset-Backed, Los Angeles County Securitization Corp., 5.7%, 6/1/46 | 7,830,000 |
| | 1,215,000 | | California County Tobacco Securitization Agency, Asset-Backed, Los Angeles County, Series A, 5.6%, 6/1/36 | 1,215,000 |
| | 5,880,000 | | California County Tobacco Securitization Agency, Asset-Backed, Merced County, Series A, 5.25%, 6/1/45 | 6,034,409 |
| | 4,835,000 | | California County Tobacco Securitization Agency, Asset-Backed, Sonoma County Corp., 5.125%, 6/1/38 | 4,931,748 |
| | 2,600,000 | | California County Tobacco Securitization Agency, Asset-Backed, Sonoma County Corp., 5.25%, 6/1/45 | 2,652,026 |
| | 2,000,000 | | California Municipal Finance Authority, 5.0%, 11/1/49 (144A) | 2,051,880 |
| | 1,600,000 | | California Municipal Finance Authority, 5.5%, 11/1/45 (144A) | 1,642,720 |
| | 250,000 | | California Municipal Finance Authority, John Adams Academics Project, Series A, 5.0%, 10/1/35 | 254,755 |
| | 1,550,000 | | California Municipal Finance Authority, John Adams Academics Project, Series A, 5.25%, 10/1/45 | 1,577,481 |
| | 500,000 | | California Municipal Finance Authority, Santa Rosa Academy Project, 5.125%, 7/1/35 (144A) | 532,950 |
| | 1,575,000 | | California Municipal Finance Authority, Santa Rosa Academy Project, 5.375%, 7/1/45 (144A) | 1,674,367 |
| | 6,300,000 | | California Municipal Finance Authority, Santa Rosa Academy Project, Series A, 6.0%, 7/1/42 | 6,569,388 |
| | 2,975,000(c) | | California School Finance Authority, Classical Academies Project, Series A, 7.375%, 10/1/43 | 3,471,349 |
| | 305,000 | | California School Finance Authority, View Park Elementary & Middle School, Series A, 4.75%, 10/1/24 | 322,193 |
| | 830,000 | | California School Finance Authority, View Park Elementary & Middle School, Series A, 5.625%, 10/1/34 | 898,525 |
| | 2,175,000 | | California School Finance Authority, View Park Elementary & Middle School, Series A, 5.875%, 10/1/44 | 2,344,520 |
| | 1,000,000 | | California School Finance Authority, View Park Elementary & Middle School, Series A, 6.0%, 10/1/49 | 1,080,510 |
| | 3,230,000 | | California School Finance Authority, View Park High School, Series A, 7.125%, 10/1/48 (144A) | 3,553,226 |
| | 1,875,000 | | California Statewide Communities Development Authority, 5.0%, 11/1/41 (144A) | 2,027,944 |
| | 1,560,000 | | California Statewide Communities Development Authority, Baptist University, Series A, 6.125%, 11/1/33 | 1,682,304 |
| | 4,030,000 | | California Statewide Communities Development Authority, Baptist University, Series A, 6.375%, 11/1/43 | 4,367,230 |
| | Principal
Amount
USD ($) | | | | Value |
| | | | California - (continued) | |
| | 1,000,000 | | California Statewide Communities Development Authority, Loma Linda University Medical Center, Series A, 5.25%, 12/1/43 (144A) | $1,020,940 |
| | 13,095,000 | | California Statewide Communities Development Authority, Loma Linda University Medical Center, Series A, 5.25%, 12/1/56 (144A) | 13,128,392 |
| | 10,000,000 | | California Statewide Communities Development Authority, Loma Linda University Medical Center, Series A, 5.5%, 12/1/58 (144A) | 10,266,600 |
| | 4,415,000 | | City of Oroville CA, 5.25%, 4/1/49 | 5,005,948 |
| | 3,500,000 | | City of Oroville, Oroville Hospital, 5.25%, 4/1/54 | 3,953,145 |
| | 9,825,000 | | Golden State Tobacco Securitization Corp., Asset-Backed, Series A-2, 5.3%, 6/1/37 | 9,972,375 |
| | 30,830,000 | | Golden State Tobacco Securitization Corp., Series A-1, 5.0%, 6/1/47 | 30,752,925 |
| | 11,815,000 | | Golden State Tobacco Securitization Corp., Series A-1, 5.25%, 6/1/47 | 11,933,268 |
| | 2,500,000(d) | | Pittsburg Unified School District Financing Authority, 9/1/41 (AGM Insured) | 1,378,350 |
| | 1,925,000(d) | | Pittsburg Unified School District Financing Authority, 9/1/42 (AGM Insured) | 1,020,077 |
| | 8,000,000 | | Tobacco Securitization Authority of Northern California, 5.5%, 6/1/45 | 8,080,080 |
| | | | Total California | | $158,392,451 |
| | | | Colorado - 3.1% | |
| | 2,345,000(c)(e) | | Castle Oaks Metropolitan District No. 3, 5.5%, 12/1/45 | $2,439,152 |
| | 2,860,000(c)(e) | | Castle Oaks Metropolitan District No. 3, 6.25%, 12/1/44 | 3,030,942 |
| | 2,000,000(c) | | Colorado Educational & Cultural Facilities Authority, Rocky Mountain Classical Academy Project, 8.0%, 9/1/43 | 2,486,280 |
| | 5,000,000(c) | | Colorado Educational & Cultural Facilities Authority, Rocky Mountain Classical Academy Project, 8.125%, 9/1/48 | 6,235,800 |
| | 2,000,000(e) | | Copperleaf Metropolitan District No. 2, 5.75%, 12/1/45 | 2,023,940 |
| | 1,250,000(e) | | Cottonwood Highlands Metropolitan District No. 1, Series A, 5.0%, 12/1/49 | 1,103,275 |
| | 2,090,000(e) | | Cottonwood Highlands Metropolitan District No. 1, Series B, 8.75%, 12/15/49 | 2,011,709 |
| | 2,840,000(e) | | Crystal Crossing Metropolitan District, 5.25%, 12/1/40 | 2,862,890 |
| | 3,430,000 | | Dominion Water & Sanitation District, 6.0%, 12/1/46 | 3,596,972 |
| | 1,380,000(e) | | Lanterns Metropolitan District No 1, 5.0%, 12/1/39 | 1,397,471 |
| | 2,835,000(e) | | Lanterns Metropolitan District No 1, 5.0%, 12/1/49 | 2,817,678 |
| | 683,000(e) | | Lanterns Metropolitan District No 1, 7.75%, 12/15/49 | 646,501 |
| | 7,635,000(e) | | Larkridge Metropolitan District No. 2, 5.25%, 12/1/48 | 7,651,644 |
| | 3,372,000(e) | | Littleton Village Metropolitan District No. 2, 5.375%, 12/1/45 | 3,401,573 |
| | 1,875,000(e) | | Village at Dry Creek Metropolitan District No 2, 4.375%, 12/1/44 | 1,510,294 |
| | 1,250,000(e) | | Villas Metropolitan District, Series A, 5.125%, 12/1/48 | 1,340,275 |
| | 1,240,000(e) | | Willow Bend Metropolitan District, 5.0%, 12/1/39 | 1,280,213 |
| | 1,460,000(e) | | Willow Bend Metropolitan District, 5.0%, 12/1/49 | 1,489,229 |
| | 755,000(e) | | Willow Bend Metropolitan District, 7.625%, 12/15/49 | 713,807 |
| | | | Total Colorado | | $48,039,645 |
| | | | Delaware - 0.2% | |
| | 2,905,000 | | Delaware State Health Facilities Authority, Beebe Medical Center Project, 4.375%, 6/1/48 | $3,064,194 |
| | | | Total Delaware | | $3,064,194 |
| | | | District of Columbia - 0.1% | |
| | 735,000 | | District of Columbia Tobacco Settlement Financing Corp., Asset-Backed, 6.75%, 5/15/40 | $758,888 |
| | | | Total District of Columbia | | $758,888 |
| | | | Florida - 0.5% | |
| | 5,000,000 | | Alachua County Health Facilities Authority, Terraces Bonita Springs Project, Series A, 8.125%, 11/15/46 | $3,774,350 |
| | 500,000 | | Capital Trust Agency, Inc., H Bay Ministries, Inc., 5.0%, 7/1/43 | 340,900 |
| | 750,000 | | Capital Trust Agency, Inc., H Bay Ministries, Inc., 5.0%, 7/1/53 | 512,880 |
| | 500,000 | | Capital Trust Agency, Inc., H Bay Ministries, Inc., 5.25%, 7/1/48 | 341,135 |
| | 700,000 | | County of Lake FL, 5.0%, 1/15/39 (144A) | 692,440 |
| | 1,525,000 | | County of Lake FL, 5.0%, 1/15/49 (144A) | 1,476,444 |
| | 850,000 | | County of Lake FL, 5.0%, 1/15/54 (144A) | 813,331 |
| | | | Total Florida | | $7,951,480 |
| | | | Georgia - 0.7% | |
| | 5,500,000(e) | | Forsyth County School District, 5.0%, 2/1/36 | $7,322,975 |
| | 3,000,000(e) | | State of Georgia, 5.0%, 7/1/26 | 3,830,250 |
| | | | Total Georgia | | $11,153,225 |
| | | | Illinois - 8.5% | |
| | 1,305,000(e) | | Chicago Board of Education, 5.0%, 12/1/44 | $1,258,568 |
| | 4,275,000(e) | | Chicago Board of Education, 5.0%, 12/1/46 | 3,961,814 |
| | 15,000,000(e) | | Chicago Board of Education, 5.0%, 12/1/46 | 13,901,100 |
| | 1,000,000 | | Chicago Board of Education, 5.75%, 4/1/35 | 1,115,400 |
| | 8,010,000 | | Chicago Board of Education, 6.0%, 4/1/46 | 8,919,295 |
| | 1,520,000(e) | | Chicago Board of Education Project, Series C, 5.25%, 12/1/39 | 1,510,834 |
| | 2,035,000(e) | | Chicago Board of Education, Series A, 5.0%, 12/1/33 | 2,039,192 |
| | 870,000(e) | | Chicago Board of Education, Series A, 5.0%, 12/1/41 | 831,381 |
| | 7,395,000(e) | | Chicago Board of Education, Series A, 5.0%, 12/1/42 | 6,921,055 |
| | 1,205,000(e) | | Chicago Board of Education, Series A, 5.5%, 12/1/39 | 1,209,278 |
| | 1,000,000(e) | | Chicago Board of Education, Series A, 7.0%, 12/1/46 (144A) | 1,091,790 |
| | 8,000,000(e) | | Chicago Board of Education, Series B, 6.5%, 12/1/46 | 8,436,560 |
| | 3,250,000(e) | | Chicago Board of Education, Series D, 5.0%, 12/1/31 | 3,250,000 |
| | 10,000,000(e) | | City of Chicago IL, 5.5%, 1/1/49 | 9,487,100 |
| | 4,695,000 | | City of Plano IL Special Service Area No 3 & No 4, 4.0%, 3/1/35 | 4,404,614 |
| | 4,713,653(f)(g) | | Illinois Finance Authority, Clare Oaks Project, Series B, 4.0%, 11/15/52 | 1,867,785 |
| | 2,634,795(d) | | Illinois Finance Authority, Clare Oaks Project, Series C-1, 11/15/52 | 13,174 |
| | Principal
Amount
USD ($) | | | | Value |
| | | | Illinois - (continued) | |
| | 526,959(g) | | Illinois Finance Authority, Clare Oaks Project, Series C-2, 4.0%, 11/15/52 | $2,635 |
| | 526,959 | | Illinois Finance Authority, Clare Oaks Project, Series C-3, 0.0%, 11/15/52 | 7,246 |
| | 920,000 | | Illinois Finance Authority, Norwegian American Hospital, Inc., 7.625%, 9/15/28 | 928,381 |
| | 4,700,000 | | Illinois Finance Authority, Norwegian American Hospital, Inc., 7.75%, 9/15/38 | 4,827,323 |
| | 25,000,000 | | Metropolitan Pier & Exposition Authority, 5.0%, 6/15/50 | 23,983,500 |
| | 23,000,000 | | Metropolitan Pier & Exposition Authority, Mccormick Place Expansion Project, Series A, 5.0%, 6/15/57 | 21,567,330 |
| | 2,830,000 | | Metropolitan Pier & Exposition Authority, McCormick Place, Series B, 5.0%, 6/15/52 (ST APPROP Insured) | 2,691,358 |
| | 7,690,000 | | Southwestern Illinois Development Authority, Comprehensive Mental Health Center, 6.625%, 6/1/37 | 5,306,100 |
| | 1,415,000 | | Southwestern Illinois Development Authority, Village of Sauget Project, 5.625%, 11/1/26 | 1,344,278 |
| | | | Total Illinois | | $130,877,091 |
| | | | Indiana - 7.7% | |
| | 1,750,000(g) | | City of Carmel, Barrington Carmel Project, Series A, 7.0%, 11/15/32 | $50,312 |
| | 2,000,000(g) | | City of Carmel, Barrington Carmel Project, Series A, 7.125%, 11/15/42 | 57,500 |
| | 2,000,000(g) | | City of Carmel, Barrington Carmel Project, Series A, 7.125%, 11/15/47 | 57,500 |
| | 775,000 | | City of Evansville IN, 4.8%, 1/1/28 | 705,785 |
| | 6,475,000 | | City of Evansville, Silver Birch Evansville Project, 5.45%, 1/1/38 | 5,858,904 |
| | 700,000 | | City of Fort Wayne, Silver Birch Fort Wayne Project, 5.125%, 1/1/32 | 687,393 |
| | 4,565,000 | | City of Fort Wayne, Silver Birch Fort Wayne Project, 5.35%, 1/1/38 | 4,458,088 |
| | 24,990,000 | | City of Hammond, Custodial Receipts Cabelas Project, 7.5%, 2/1/29 (144A) | 25,020,988 |
| | 1,275,000 | | City of Kokomo, Silver Birch of Kokomo, 5.75%, 1/1/34 | 1,304,669 |
| | 5,325,000 | | City of Kokomo, Silver Birch of Kokomo, 5.875%, 1/1/37 | 5,449,924 |
| | 1,230,000 | | City of Lafayette, Glasswater Creek Lafayette Project, 5.6%, 1/1/33 | 1,255,855 |
| | 6,000,000 | | City of Lafayette, Glasswater Creek Lafayette Project, 5.8%, 1/1/37 | 6,158,520 |
| | 1,000,000 | | City of Mishawaka, Silver Birch Mishawaka Project, 5.1%, 1/1/32 (144A) | 953,670 |
| | 4,390,000 | | City of Mishawaka, Silver Birch Mishawaka Project, 5.375%, 1/1/38 (144A) | 4,209,132 |
| | 2,050,000 | | City of Muncie, Silver Birch Muncie Project, 5.05%, 1/1/31 | 2,059,491 |
| | 5,510,000 | | City of Muncie, Silver Birch Muncie Project, 5.25%, 1/1/37 | 5,512,590 |
| | 4,560,000 | | City of Terre Haute, Silver Birch Terre Haute Project, 5.35%, 1/1/38 | 4,438,248 |
| | 4,000,000(c) | | County of Vigo, Hospital Authority, Union Hospitals, Inc., 8.0%, 9/1/41 | 4,383,920 |
| | 7,500,000 | | Indiana Finance Authority, 5.0%, 7/1/44 | 7,637,100 |
| | 1,405,000 | | Indiana Finance Authority, 5.0%, 7/1/48 | 1,427,817 |
| | 1,705,000 | | Indiana Finance Authority, 5.25%, 1/1/51 | 1,743,311 |
| | 5,190,000 | | Indiana Finance Authority, Multipurpose Educational Facilities, Avondale Meadows Academy Project, 5.125%, 7/1/37 | 5,280,669 |
| | 330,000 | | Indiana Finance Authority, Multipurpose Educational Facilities, Avondale Meadows Academy Project, 5.375%, 7/1/47 | 335,716 |
| | 1,940,000 | | Indiana Finance Authority, Sanders Glen Project, Series A, 4.25%, 7/1/43 | 1,805,345 |
| | 1,795,000 | | Indiana Finance Authority, Sanders Glen Project, Series A, 4.5%, 7/1/53 | 1,686,313 |
| | 11,985,000 | | Indiana Housing & Community Development Authority, 5.0%, 1/1/39 (144A) | 10,562,380 |
| | 8,580,000 | | Indiana Housing & Community Development Authority, Evergreen Village Bloomington Project, 5.5%, 1/1/37 | 8,338,816 |
| | 8,000,000 | | Town of Plainfield Multifamily Housing Revenue, Glasswater Creek Project, 5.375%, 9/1/38 | 7,962,480 |
| | | | Total Indiana | | $119,402,436 |
| | | | Iowa - 1.7% | |
| | 8,000,000 | | Iowa Finance Authority, 4.75%, 8/1/42 | $8,010,720 |
| | 4,255,000 | | Iowa Tobacco Settlement Authority, 5.6%, 6/1/34 | 4,286,912 |
| | 2,500,000 | | Iowa Tobacco Settlement Authority, Asset-Backed, Series C, 5.375%, 6/1/38 | 2,518,750 |
| | 4,960,000 | | Iowa Tobacco Settlement Authority, Asset-Backed, Series C, 5.5%, 6/1/42 | 4,997,200 |
| | 6,385,000 | | Iowa Tobacco Settlement Authority, Asset-Backed, Series C, 5.625%, 6/1/46 | 6,432,888 |
| | | | Total Iowa | | $26,246,470 |
| | | | Kansas - 0.7% | |
| | 400,000 | | Kansas Development Finance Authority, Village Shalom Project, Series A, 5.25%, 11/15/33 | $ 390,196 |
| | 9,215,000 | | Kansas Development Finance Authority, Village Shalom Project, Series A, 5.25%, 11/15/53 | 8,585,247 |
| | 2,000,000 | | Kansas Development Finance Authority, Village Shalom Project, Series A, 5.5%, 11/15/38 | 1,974,840 |
| | | | Total Kansas | | $10,950,283 |
| | | | Maryland - 0.2% | |
| | 930,000 | | Maryland Health & Higher Educational Facilities Authority, City Neighbors, Series A, 6.75%, 7/1/44 | $987,595 |
| | 1,750,000(e) | | State of Maryland, 5.0%, 3/15/29 | 2,220,102 |
| | | | Total Maryland | | $3,207,697 |
| | | | Massachusetts - 1.0% | |
| | 765,000 | | Massachusetts Development Finance Agency, Adventcare Project, 7.625%, 10/15/37 | $533,236 |
| | 2,000,000 | | Massachusetts Development Finance Agency, Adventcare Project, Series A, 6.75%, 10/15/37 | 1,816,240 |
| | 1,250,000 | | Massachusetts Development Finance Agency, International Charter School, 5.0%, 4/15/40 | 1,312,650 |
| | 4,500,000 | | Massachusetts Development Finance Agency, Linden Ponds, Inc. Facility, 5.125%, 11/15/46 (144A) | 4,629,195 |
| | 917,706(d) | | Massachusetts Development Finance Agency, Linden Ponds, Inc., Series B, 11/15/56 | 151,880 |
| | 5,310,000(e) | | Town of Brookline MA, 5.0%, 3/15/28 | 6,929,072 |
| | | | Total Massachusetts | | $15,372,273 |
| | | | Michigan - 4.1% | |
| | 1,250,000 | | Flint Michigan Hospital Building Authority, Hurley Medical Center, 7.375%, 7/1/35 | $1,257,525 |
| | 1,250,000 | | Flint Michigan Hospital Building Authority, Hurley Medical Center, Series A, 5.25%, 7/1/39 | 1,275,337 |
| | 5,485,000 | | Flint Michigan International Academy, Public School Academy, 5.75%, 10/1/37 | 5,490,266 |
| | Principal
Amount
USD ($) | | | | Value |
| | | | Michigan - (continued) | |
| | 5,720,000 | | Michigan Finance Authority, 5.75%, 4/1/40 | $5,801,396 |
| | 3,840,000 | | Michigan Public Educational Facilities Authority, David Ellis-West Project, 5.875%, 6/1/37 | 3,914,227 |
| | 7,135,000(f) | | Michigan Strategic Fund, Michigan Department Offices Lease, Series B, 7.75%, 3/1/40 | 7,856,491 |
| | 4,000,000(f) | | Michigan Strategic Fund, Series B, 6.625%, 11/1/41 | 4,615,640 |
| | 5,615,000 | | Michigan Tobacco Settlement Finance Authority, Series A, 6.0%, 6/1/34 | 5,629,037 |
| | 26,795,000 | | Michigan Tobacco Settlement Finance Authority, Series A, 6.0%, 6/1/48 | 26,861,988 |
| | 1,250,000 | | Michigan Tobacco Settlement Finance Authority, Series A, 6.875%, 6/1/42 | 1,270,325 |
| | | | Total Michigan | | $63,972,232 |
| | | | Minnesota - 2.1% | |
| | 1,935,000 | | Bloomington Port Authority, Radisson Blu Mall of America LLC, 9.0%, 12/1/35 | $1,937,419 |
| | 4,210,000 | | City of Bethel, Partnership Academy Project, Series A, 5.0%, 7/1/48 | 3,979,418 |
| | 1,000,000 | | City of Bethel, Partnership Academy Project, Series A, 5.0%, 7/1/53 | 934,220 |
| | 2,600,000 | | City of Brooklyn Park, Prairie Seeds Academy Project, Series A, 5.0%, 3/1/34 | 2,561,702 |
| | 2,000,000 | | City of Brooklyn Park, Prairie Seeds Academy Project, Series A, 5.0%, 3/1/39 | 1,945,300 |
| | 3,515,000 | | City of Deephaven MN, 5.0%, 7/1/55 | 3,567,373 |
| | 400,000 | | City of Deephaven, Eagle Ridge Academy Project, Series A, 5.25%, 7/1/37 | 427,316 |
| | 1,500,000 | | City of Deephaven, Eagle Ridge Academy Project, Series A, 5.5%, 7/1/50 | 1,595,385 |
| | 2,000,000 | | City of Paul Minnesota, Housing & Redevelopment Authority, Great River School Project, Series A, 5.5%, 7/1/52 (144A) | 2,090,440 |
| | 1,500,000 | | City of Rochester MN, 5.125%, 9/1/38 | 1,500,975 |
| | 3,145,000 | | City of Rochester, Math & Science Academy Project, Series A, 5.25%, 9/1/43 | 3,116,789 |
| | 6,080,000 | | City of Rochester, Math & Science Academy Project, Series A, 5.375%, 9/1/50 | 6,093,498 |
| | 1,415,000 | | Housing & Redevelopment Authority of The City of St. Paul Minnesota, Higher Ground Academy Project, Series A, 5.125%, 12/1/38 | 1,453,828 |
| | 1,300,000 | | Housing & Redevelopment Authority of The City of St. Paul Minnesota, St. Paul City School Project, Series A, 5.0%, 7/1/36 | 1,318,031 |
| | | | Total Minnesota | | $32,521,694 |
| | | | Missouri - 0.5% | |
| | 4,900,000 | | Community Memorial Hospital District, Missouri Hospital, 6.68%, 12/1/34 | $4,908,869 |
| | 400,000 | | Kansas City Industrial Development Authority, Series A, 4.25%, 4/1/26 (144A) | 385,296 |
| | 1,000,000 | | Kansas City Industrial Development Authority, Series A, 5.0%, 4/1/36 (144A) | 922,360 |
| | 2,300,000 | | Kansas City Industrial Development Authority, Series A, 5.0%, 4/1/46 (144A) | 1,988,672 |
| | | | Total Missouri | | $8,205,197 |
| | | | Nevada - 0.0%† | |
| | 4,500,000(d) | | City of Reno, Reno Transportation Rail Access, Series C, 7/1/58 (144A) | $486,765 |
| | | | Total Nevada | | $486,765 |
| | | | New Jersey - 2.9% | |
| | 975,000 | | New Jersey Economic Development Authority, 4.7%, 9/1/28 (144A) | $955,354 |
| | 565,000 | | New Jersey Economic Development Authority, 5.375%, 9/1/33 (144A) | 547,881 |
| | 1,140,000 | | New Jersey Economic Development Authority, 5.625%, 9/1/38 (144A) | 1,116,356 |
| | 1,255,000 | | New Jersey Economic Development Authority, Charity Marion P. Thomas Charter School, 5.25%, 10/1/38 (144A) | 1,267,550 |
| | 7,205,000 | | New Jersey Economic Development Authority, Charity Marion P. Thomas Charter School, 5.375%, 10/1/50 (144A) | 7,288,794 |
| | 1,215,000 | | New Jersey Economic Development Authority, Charter Hatikvah International Academy, 5.25%, 7/1/37 (144A) | 1,264,001 |
| | 2,500,000 | | New Jersey Economic Development Authority, Charter Hatikvah International Academy, 5.375%, 7/1/47 (144A) | 2,570,075 |
| | 6,125,000 | | New Jersey Economic Development Authority, University Heights Charitable Schools Project, Series A, 5.75%, 9/1/50 (144A) | 5,981,981 |
| | 4,500,000 | | New Jersey Health Care Facilities Financing Authority, St. Peters University Hospital, 6.25%, 7/1/35 | 4,611,150 |
| | 18,605,000 | | Tobacco Settlement Financing Corp., Series B, 5.0%, 6/1/46 | 19,442,597 |
| | | | Total New Jersey | | $45,045,739 |
| | | | New Mexico - 1.0% | |
| | 1,255,000 | | County of Otero, Mexico Jail Project, 9.0%, 4/1/23 | $1,217,350 |
| | 12,970,000(f) | | County of Otero, Mexico Jail Project, 9.0%, 4/1/28 | 12,580,770 |
| | 1,750,000 | | Lower Petroglyphs Public Improvement District, Refunding, 5.0%, 10/1/48 | 1,764,840 |
| | | | Total New Mexico | | $15,562,960 |
| | | | New York - 9.1% | |
| | 3,300,000 | | Battery Park City Authority, 5.0%, 11/1/49 | $4,214,232 |
| | 525,000 | | Buffalo & Erie County Industrial Land Development Corp., Medaille College Project, 5.0%, 10/1/28 (144A) | 552,914 |
| | 4,150,000 | | Buffalo & Erie County Industrial Land Development Corp., Medaille College Project, 5.0%, 10/1/38 (144A) | 4,351,358 |
| | 8,755,000 | | Erie Country New York Tobacco Asset Securitization Corp., Asset-Backed, Series A, 5.0%, 6/1/45 | 8,612,644 |
| | 10,000,000(g) | | Erie County Industrial Development Agency, Galvstar LLC Project, Series A, 9.25%, 10/1/30 | 1,250,000 |
| | 8,000,000(g) | | Erie County Industrial Development Agency, Galvstar LLC Project, Series B, 9.25%, 10/1/30 | 1,890,000 |
| | 1,795,000(g) | | Erie County Industrial Development Agency, Galvstar LLC Project, Series C, 9.25%, 10/1/30 | 424,069 |
| | 7,000,000 | | Metropolitan Transportation Authority, 5.25%, 11/15/55 | 7,703,990 |
| | 21,410,000 | | Nassau County Tobacco Settlement Corp., Asset-Backed, Series A-3, 5.0%, 6/1/35 | 20,955,037 |
| | 4,740,000 | | Nassau County Tobacco Settlement Corp., Asset-Backed, Series A-3, 5.125%, 6/1/46 | 4,639,275 |
| | 605,000 | | New York Counties Tobacco Trust IV, 5.0%, 6/1/42 | 596,034 |
| | 18,800,000 | | New York Counties Tobacco Trust IV, 6.25%, 6/1/41 (144A) | 19,313,804 |
| | 13,120,000 | | New York Counties Tobacco Trust IV, Settlement Pass Through, Series A, 5.0%, 6/1/45 | 12,857,600 |
| | Principal
Amount
USD ($) | | | | Value |
| | | | New York - (continued) | |
| | 51,600,000(d) | | New York Counties Tobacco Trust V, Capital Appreciation Pass Through, Sub Series S-4A, 6/1/60 | $1,870,500 |
| | 2,850,000 | | New York State Dormitory Authority, 5.0%, 8/1/31 | 3,257,265 |
| | 3,395,000 | | Riverhead Industrial Development Agency, 7.65%, 8/1/34 | 3,352,121 |
| | 15,050,000 | | Suffolk Tobacco Asset Securitization Corp., Capital Appreciation, Series C, 6.625%, 6/1/44 | 15,445,063 |
| | 9,030,000 | | Suffolk Tobacco Asset Securitization Corp., Series B, 6.0%, 6/1/48 | 9,036,863 |
| | 3,000,000 | | TSASC, Inc., 5.0%, 6/1/45 | 2,820,000 |
| | 19,500,000 | | TSASC, Inc., 5.0%, 6/1/48 | 18,135,000 |
| | | | Total New York | | $141,277,769 |
| | | | North Carolina - 1.5% | |
| | 10,000,000(e) | | County of Mecklenburg NC, 5.0%, 3/1/31 | $13,501,200 |
| | 1,600,000(e) | | County of Wake NC, 5.0%, 8/1/27 | 2,080,928 |
| | 1,000,000(e) | | County of Wake NC, 5.0%, 4/1/28 | 1,334,360 |
| | 5,000,000(e) | | State of North Carolina, 5.0%, 6/1/28 | 6,338,200 |
| | | | Total North Carolina | | $23,254,688 |
| | | | Ohio - 3.4% | |
| | 43,500,000 | | Buckeye Tobacco Settlement Financing Authority, 5.0%, 6/1/55 | $43,826,250 |
| | 715,000 | | Ohio Housing Finance Agency, Sanctuary Springboro Project, 5.125%, 1/1/32 (144A) | 674,095 |
| | 5,275,000 | | Ohio Housing Finance Agency, Sanctuary Springboro Project, 5.45%, 1/1/38 (144A) | 5,000,594 |
| | 2,900,000 | | Southeastern Ohio Port Authority, Refunding & Improvement Memorial Health System, 6.0%, 12/1/42 | 2,994,250 |
| | | | Total Ohio | | $52,495,189 |
| | | | Pennsylvania - 4.8% | |
| | 200,000 | | Chester County Industrial Development Authority, 5.25%, 10/15/32 | $192,918 |
| | 1,000,000 | | Chester County Industrial Development Authority, Collegium Charter School, Series A, 5.125%, 10/15/37 | 978,010 |
| | 2,435,000 | | Chester County Industrial Development Authority, Collegium Charter School, Series A, 5.25%, 10/15/47 | 2,312,934 |
| | 8,425,000 | | Delaware County Industrial Development Authority, Chester Charter School Arts Project, Series A, 5.125%, 6/1/46 (144A) | 8,807,158 |
| | 4,000,000 | | Hospitals & Higher Education Facilities Authority of Philadelphia, Temple University Health System, Series A, 5.625%, 7/1/42 | 4,164,120 |
| | 8,445,000 | | Pennsylvania Economic Development Financing Authority, US Airways Group, Series B, 8.0%, 5/1/29 | 8,482,749 |
| | 9,435,000 | | Philadelphia Authority for Industrial Development, 5.5%, 6/1/49 (144A) | 9,231,676 |
| | 4,055,000 | | Philadelphia Authority for Industrial Development, 2800 American Street Co. Project, Series A, 5.625%, 7/1/48 (144A) | 4,253,857 |
| | 2,200,000 | | Philadelphia Authority for Industrial Development, Greater Philadelphia Health Action, Inc. Project, Series A, 6.5%, 6/1/45 | 2,229,876 |
| | 2,940,000 | | Philadelphia Authority for Industrial Development, Greater Philadelphia Health Action, Inc. Project, Series A, 6.625%, 6/1/50 | 2,989,216 |
| | 2,500,000 | | Philadelphia Authority for Industrial Development, Green Woods Charter School Project, Series A, 5.5%, 6/15/32 | 2,570,625 |
| | 5,200,000 | | Philadelphia Authority for Industrial Development, Green Woods Charter School Project, Series A, 5.75%, 6/15/42 | 5,351,528 |
| | 6,000,000 | | Philadelphia Authority for Industrial Development, Nueva Esperanze, Inc., 8.2%, 12/1/43 | 6,489,240 |
| | 1,000,000 | | Philadelphia Authority for Industrial Development, Performing Arts Charter School Project, 6.5%, 6/15/33 (144A) | 1,002,270 |
| | 3,000,000 | | Philadelphia Authority for Industrial Development, Performing Arts Charter School Project, 6.75%, 6/15/43 (144A) | 3,006,510 |
| | 1,660,000 | | Philadelphia Authority for Industrial Development, Revenue International Education & Community Initiatives, 5.125%, 6/1/38 (144A) | 1,715,975 |
| | 3,500,000 | | Philadelphia Authority for Industrial Development, Revenue International Education & Community Initiatives, 5.25%, 6/1/48 (144A) | 3,596,565 |
| | 4,370,000 | | Philadelphia Authority for Industrial Development, Revenue International Education & Community Initiatives, 5.375%, 6/1/53 (144A) | 4,523,518 |
| | 1,570,000 | | Philadelphia Authority for Industrial Development, University of the Arts, 5.0%, 3/15/45 (144A) | 1,517,923 |
| | | | Total Pennsylvania | | $73,416,668 |
| | | | Puerto Rico - 3.0% | |
| | 40,400,000(e)(g) | | Commonwealth of Puerto Rico, Series A, 8.0%, 7/1/35 | $21,917,000 |
| | 24,500,000 | | Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, 5.0%, 7/1/58 | 24,500,000 |
| | | | Total Puerto Rico | | $46,417,000 |
| | | | Rhode Island - 0.5% | |
| | 2,065,000(g) | | Central Falls Detention Facility Corp., 7.25%, 7/15/35 | $371,700 |
| | 2,000,000(f) | | Tender Option Bond Trust Receipts/Certificates, RIB, 0.0%, 9/1/47 (144A) | 3,011,520 |
| | 4,250,000 | | Tobacco Settlement Financing Corp., Series B, 5.0%, 6/1/50 | 4,346,092 |
| | | | Total Rhode Island | | $7,729,312 |
| | | | Tennessee - 0.0%† | |
| | 5,000 | | Johnson City Health & Educational Facilities Board, Appalachian Christian Village, 5.0%, 2/15/43 | $4,308 |
| | | | Total Tennessee | | $4,308 |
| | | | Texas - 4.7% | |
| | 640,000 | | Arlington Higher Education Finance Corp., 3.5%, 3/1/24 (144A) | $677,830 |
| | 16,875,000 | | Arlington Higher Education Finance Corp., 5.45%, 3/1/49 (144A) | 17,051,512 |
| | 170,000 | | Arlington Higher Education Finance Corp., Universal Academy, Series A, 5.875%, 3/1/24 | 174,386 |
| | 525,000 | | Arlington Higher Education Finance Corp., Universal Academy, Series A, 6.625%, 3/1/29 | 547,055 |
| | Principal
Amount
USD ($) | | | | Value |
| | | | Texas - (continued) | |
| | 375,000 | | Arlington Higher Education Finance Corp., Universal Academy, Series A, 7.0%, 3/1/34 | $394,159 |
| | 7,030,000 | | Arlington Higher Education Finance Corp., Universal Academy, Series A, 7.125%, 3/1/44 | 7,308,388 |
| | 325,000 | | City of Celina, 5.375%, 9/1/28 | 329,595 |
| | 700,000 | | City of Celina, 5.5%, 9/1/24 | 704,410 |
| | 250,000 | | City of Celina, 5.5%, 9/1/32 | 253,160 |
| | 650,000 | | City of Celina, 5.875%, 9/1/40 | 660,198 |
| | 1,075,000 | | City of Celina, 6.0%, 9/1/30 | 1,087,395 |
| | 2,700,000 | | City of Celina, 6.25%, 9/1/40 | 2,729,700 |
| | 4,520,000(e) | | Klein Independent School District, 5.0%, 8/1/30 (PSF-GTD insured) | 6,267,342 |
| | 100,000 | | La Vernia Higher Education Finance Corp., 5.25%, 8/15/35 (144A) | 106,252 |
| | 2,000,000 | | La Vernia Higher Education Finance Corp., Meridian World School, Series A, 5.5%, 8/15/45 (144A) | 2,111,780 |
| | 1,700,000 | | Newark Higher Education Finance Corp., Austin Achieve Public Schools, Inc., 5.0%, 6/15/48 | 1,711,832 |
| | 17,350,000(g) | | Sanger Industrial Development Corp., Texas Pellets Project, Series B, 8.0%, 7/1/38 | 4,272,438 |
| | 5,370,000(e) | | State of Texas, 5.0%, 8/1/25 | 6,675,984 |
| | 8,142,447 | | Tarrant County Cultural Education Facilities Finance Corp., 5.75%, 12/1/54 | 7,497,077 |
| | 2,250,000(g) | | Tarrant County Cultural Education Facilities Finance Corp., Mirador Project, Series A, 4.625%, 11/15/41 | 225 |
| | 5,000,000(g) | | Tarrant County Cultural Education Facilities Finance Corp., Mirador Project, Series A, 4.875%, 11/15/48 | 500 |
| | 120,000(c) | | Tarrant County Cultural Education Facilities Finance Corp., MRC Crestview Project, 8.0%, 11/15/34 | 124,237 |
| | 6,850,000(c) | | Tarrant County Cultural Education Facilities Finance Corp., MRC Crestview Project, 8.125%, 11/15/44 | 7,092,079 |
| | 1,000,000(g) | | Texas Midwest Public Facility Corp., Secure Treatment Facility Project, 9.0%, 10/1/30 | 659,000 |
| | 450,000 | | Texas Private Activity Bond Surface Transportation Corp., 7.0%, 6/30/40 | 452,057 |
| | 1,250,000 | | Village on the Park, New Hope Cultural Education Facilities Finance Corp., Cardinal Bay, Inc., 5.5%, 7/1/46 | 1,140,512 |
| | 1,000,000 | | Village on the Park, New Hope Cultural Education Facilities Finance Corp., Cardinal Bay, Inc., 5.75%, 7/1/51 | 947,440 |
| | 90,000 | | Village on the Park, New Hope Cultural Education Facilities Finance Corp., Cardinal Bay, Inc., 6.0%, 7/1/26 | 90,086 |
| | 1,350,000 | | Village on the Park, New Hope Cultural Education Facilities Finance Corp., Cardinal Bay, Inc., 7.0%, 7/1/51 | 1,351,215 |
| | | | Total Texas | | $72,417,844 |
| | | | Utah - 0.5% | |
| | 255,000(h) | | Utah Charter School Finance Authority, Summit Academy High School, Series A, 7.25%, 5/15/21 | $265,598 |
| | 1,985,000(c) | | Utah Charter School Finance Authority, Summit Academy High School, Series A, 8.125%, 5/15/31 | 2,136,376 |
| | 5,145,000(c) | | Utah Charter School Finance Authority, Summit Academy High School, Series A, 8.5%, 5/15/41 | 5,569,205 |
| | | | Total Utah | | $7,971,179 |
| | | | Virginia - 7.8% | |
| | 3,000,000 | | Ballston Quarter Community Development Authority, Series A, 5.5%, 3/1/46 | $2,609,760 |
| | 2,100,000 | | Cherry Hill Community Development Authority, Potomac Shores Project, 5.4%, 3/1/45 (144A) | 2,018,667 |
| | 10,000,000(e) | | County of Fairfax VA, 5.0%, 10/1/30 (ST AID WITHHLDG Insured) | 13,979,000 |
| | 815,000 | | Embrey Mill Community Development Authority, 5.3%, 3/1/35 (144A) | 822,751 |
| | 4,655,000 | | Embrey Mill Community Development Authority, 5.6%, 3/1/45 (144A) | 4,741,816 |
| | 5,725,000 | | Loudoun County Virginia Economic Development Authority, Series A, 2.125%, 12/1/39 | 5,570,082 |
| | 44,310,000 | | Tobacco Settlement Financing Corp., Series B-1, 5.0%, 6/1/47 | 43,425,129 |
| | 4,605,000 | | Tobacco Settlement Financing Corp., Series B-2, 5.2%, 6/1/46 | 4,725,881 |
| | 19,475,000 | | Tobacco Settlement Financing Corp./VA, 6.706%, 6/1/46 | 17,113,656 |
| | 13,225,000 | | Virginia Small Business Financing Authority, 5.0%, 1/1/40 | 13,226,058 |
| | 925,000 | | Virginia Small Business Financing Authority, 5.0%, 1/1/44 | 941,298 |
| | 10,000,000 | | Virginia Small Business Financing Authority, 5.0%, 7/1/49 | 10,168,800 |
| | | | Total Virginia | | $119,342,898 |
| | | | Wisconsin - 3.4% | |
| | 2,660,000 | | Public Finance Authority, 5.0%, 6/1/50 (144A) | $2,627,415 |
| | 775,000 | | Public Finance Authority, Community School of Davidson Project, 5.0%, 10/1/33 | 810,782 |
| | 5,905,000 | | Public Finance Authority, Community School of Davidson Project, 5.0%, 10/1/48 | 5,971,549 |
| | 1,590,000 | | Public Finance Authority, Coral Academy Science Las Vegas, 5.625%, 7/1/44 | 1,701,157 |
| | 9,310,000 | | Public Finance Authority, Gardner Webb University, 5.0%, 7/1/31 (144A) | 9,838,436 |
| | 5,325,000 | | Public Finance Authority, Glenridge Palmer Ranch, Series A, 8.25%, 6/1/46 (144A) | 5,663,031 |
| | 5,057,500 | | Public Finance Authority, Las Ventanas Retirement Community, 7.0%, 10/1/42 | 5,093,712 |
| | 475,000 | | Public Finance Authority, Lead Academy Project, Series A, 4.25%, 8/1/26 (144A) | 470,810 |
| | 2,000,000 | | Public Finance Authority, Lead Academy Project, Series A, 5.0%, 8/1/36 (144A) | 2,044,540 |
| | 2,500,000 | | Public Finance Authority, Lead Academy Project, Series A, 5.125%, 8/1/46 (144A) | 2,525,475 |
| | 500,000 | | Public Finance Authority, SearStone CCRC Project, Series A, 5.3%, 6/1/47 | 475,245 |
| | 2,500,000 | | Public Finance Authority, SearStone CCRC Project, Series A, 5.375%, 6/1/52 | 2,375,075 |
| | 8,615,000(d) | | Public Finance Authority, Springshire Pre Development Project, 12/1/20 (144A) | 8,109,472 |
| | 1,245,000(c) | | Public Finance Authority, Voyager Foundation, Inc., Project, Series A, 5.125%, 10/1/45 | 1,387,615 |
| | 2,815,000(c) | | Public Finance Authority, Voyager Foundation, Inc., Project, Series A, 6.2%, 10/1/42 | 3,204,314 |
| | | | Total Wisconsin | | $52,298,628 |
| | | | TOTAL MUNICIPAL BONDS | |
| | | | (Cost $1,439,575,101) | $1,407,541,811 |
| | Principal
Amount
USD ($) | | | | Value |
| | | | TOTAL INVESTMENTS IN UNAFFILIATED ISSUERS - 91.6% | |
| | | | (Cost $1,447,725,558)(i) | $1,415,267,861 |
| | | | OTHER ASSETS AND LIABILITIES - 8.4% | $129,925,979 |
| | | | NET ASSETS - 100.0% | $1,545,193,840 |
