Quarterly Holdings Report
for
Strategic Advisers® Tax-Sensitive Short Duration Fund
Offered exclusively to certain clients of Strategic Advisers LLC - not available for sale to the general publicFebruary 29, 2020
TSS-QTLY-0420
1.9885906.102
Schedule of Investments February 29, 2020 (Unaudited)
Showing Percentage of Net Assets
Municipal Bonds - 58.4% | |||
Principal Amount | Value | ||
Alabama - 0.8% | |||
Alabama Spl. Care Facilities Fing. Auth. Birmingham Rev. Bonds Series 2006 C1, 1.85%, tender 11/1/22 (a) | $1,025,000 | $1,047,550 | |
Black Belt Energy Gas District: | |||
(Proj. No. 4) Series 2019 A: | |||
4% 6/1/20 | 1,500,000 | 1,511,048 | |
4% 6/1/21 | 1,250,000 | 1,295,938 | |
4% 6/1/23 | 1,750,000 | 1,911,245 | |
Bonds: | |||
Series 2016 A, 4%, tender 6/1/21 (Liquidity Facility Royal Bank of Canada) (a) | 7,435,000 | 7,709,872 | |
Series 2017 A, 4%, tender 7/1/22 (Liquidity Facility Royal Bank of Canada) (a) | 2,415,000 | 2,579,172 | |
Health Care Auth. for Baptist Health Series 2006 B, 1.25%, tender 11/15/37 (a) | 1,300,000 | 1,300,000 | |
Jefferson County Gen. Oblig. Series 2018 B, 5% 4/1/21 | 270,000 | 281,904 | |
Lower Alabama Gas District (No. 2 Proj.) Series 2020, 4% 12/1/21 | 100,000 | 105,141 | |
Mobile County Board of School Commissioners: | |||
Series 2016 A: | |||
5% 3/1/22 | 15,000 | 16,127 | |
5% 3/1/23 | 20,000 | 22,210 | |
5% 3/1/24 | 25,000 | 28,608 | |
5% 3/1/25 | 25,000 | 29,443 | |
Series 2016 B: | |||
5% 3/1/22 | 80,000 | 86,009 | |
5% 3/1/23 | 405,000 | 449,748 | |
5% 3/1/24 | 45,000 | 51,494 | |
Mobile Indl. Dev. Board Poll. Cont. Rev. Bonds Series 2009 E, 1.85%, tender 3/24/20 (a) | 8,440,000 | 8,444,241 | |
Montgomery Med. Clinic Facilities Series 2015: | |||
5% 3/1/20 | 65,000 | 65,000 | |
5% 3/1/21 | 10,000 | 10,343 | |
5% 3/1/22 | 70,000 | 74,713 | |
TOTAL ALABAMA | 27,019,806 | ||
Alaska - 0.1% | |||
Anchorage Gen. Oblig.: | |||
Series B, 5% 9/1/22 | 30,000 | 33,106 | |
Series C, 5% 9/1/22 | 20,000 | 22,071 | |
Valdez Marine Term. Rev. (BP Pipelines (Alaska), Inc. Proj.): | |||
Series 2003 B, 5% 1/1/21 | 3,615,000 | 3,731,412 | |
Series 2003 C, 5% 1/1/21 | 670,000 | 691,576 | |
TOTAL ALASKA | 4,478,165 | ||
Arizona - 2.2% | |||
Arizona Ctfs. of Prtn. Series 2019 A: | |||
5% 10/1/21 | 140,000 | 149,223 | |
5% 10/1/22 | 150,000 | 165,921 | |
5% 10/1/23 | 195,000 | 223,593 | |
5% 10/1/24 | 195,000 | 231,235 | |
Arizona Health Facilities Auth. Hosp. Sys. Rev. Series 2012 A, 5% 2/1/21 | 500,000 | 518,183 | |
Arizona Health Facilities Auth. Rev.: | |||
(Scottsdale Lincoln Hospitals Proj.) Series 2014 A: | |||
5% 12/1/21 | 25,000 | 26,738 | |
5% 12/1/22 | 15,000 | 16,646 | |
5% 12/1/23 | 20,000 | 22,971 | |
5% 12/1/24 | 35,000 | 41,538 | |
Bonds Series 2013 A3, 3%, tender 2/1/23 (a) | 2,000,000 | 2,060,760 | |
Arizona State Lottery Rev. Series 2019: | |||
5% 7/1/20 | 145,000 | 147,007 | |
5% 7/1/22 | 690,000 | 756,544 | |
Chandler Indl. Dev. Auth. Indl. Dev. Rev. Bonds (Intel Corp. Proj.): | |||
Series 2005, 2.4%, tender 8/14/23 (a) | 5,100,000 | 5,326,950 | |
Series 2007, 2.7%, tender 8/14/23 (a)(b) | 6,500,000 | 6,836,960 | |
Series 2019, 5%, tender 6/3/24 (a)(b) | 1,570,000 | 1,823,367 | |
Coconino County Poll. Cont. Corp. Rev. Bonds (Nevada Pwr. Co. Projs.): | |||
Series 2017 A, 1.8%, tender 5/21/20 (a)(b) | 3,995,000 | 3,999,867 | |
Series 2017 B, 1.6%, tender 5/21/20 (a) | 280,000 | 280,342 | |
Glendale Gen. Oblig.: | |||
Series 2015, 5% 7/1/22 (FSA Insured) | 20,000 | 21,934 | |
Series 2017, 5% 7/1/22 | 75,000 | 82,251 | |
Glendale Trans. Excise Tax Rev.: | |||
5% 7/1/21 (FSA Insured) | 15,000 | 15,828 | |
5% 7/1/22 (FSA Insured) | 25,000 | 27,411 | |
5% 7/1/23 (FSA Insured) | 30,000 | 34,118 | |
Maricopa County Rev.: | |||
Bonds: | |||
Series 2019 B, SIFMA Municipal Swap Index + 0.380% 1.53%, tender 10/18/22 (a)(c) | 4,185,000 | 4,200,987 | |
Series 2019 D, 5%, tender 5/15/26 (a) | 545,000 | 674,536 | |
Series B, 5%, tender 10/18/22 (a) | 1,850,000 | 2,047,358 | |
Series 2016 A, 5% 1/1/25 | 105,000 | 125,224 | |
Phoenix Ariz Ind. Dev. Auth. Rev. Series 2015A, 3% 7/1/20 (d) | 220,000 | 220,817 | |
Phoenix Civic Impt. Board Arpt. Rev.: | |||
Series 2013, 5% 7/1/21 (b) | 2,750,000 | 2,897,318 | |
Series 2018: | |||
5% 7/1/20 (b) | 620,000 | 628,313 | |
5% 7/1/23 (b) | 1,100,000 | 1,243,605 | |
Series 2019 B, 5% 7/1/23 (b) | 1,000,000 | 1,128,790 | |
Phoenix Indl. Solid Waste Disp. Rev. Bonds (Republic Svc., Inc. Proj.) Series 2013, 1.1%, tender 5/1/20 (a)(b) | 18,380,000 | 18,383,816 | |
Pima County Ctfs. of Prtn. Series 2014: | |||
5% 12/1/21 | 50,000 | 53,594 | |
5% 12/1/22 | 55,000 | 61,162 | |
5% 12/1/23 | 75,000 | 86,411 | |
Pima County Swr. Sys. Rev. Series 2020 A: | |||
5% 7/1/22 (e) | 285,000 | 312,560 | |
5% 7/1/23 (e) | 260,000 | 295,719 | |
Scottsdale Indl. Dev. Auth. Hosp. Rev. Series 2006 F, 1.1%, tender 9/1/45 (FSA Insured) (a) | 14,725,000 | 14,725,000 | |
Western Maricopa Ed. Ctr. District Series 2019 B, 4% 7/1/21 | 1,365,000 | 1,422,385 | |
Yavapai County Indl. Dev. Auth. Series 2019: | |||
5% 8/1/21 | 225,000 | 238,068 | |
5% 8/1/22 | 425,000 | 466,047 | |
5% 8/1/23 | 355,000 | 402,740 | |
TOTAL ARIZONA | 72,423,837 | ||
Arkansas - 0.7% | |||
Arkansas Dev. Fin. Auth. Multi-family Hsg. Rev.: | |||
(NLR Rad Family Homes Proj.) Series 2020, 1.2%, tender 9/1/22 (a) | 5,000,000 | 5,014,800 | |
Bonds: | |||
(Hsg. Alliance 2 Proj.) Series 2018 B, 2.1%, tender 12/1/20 (a) | 2,900,000 | 2,924,905 | |
Series 2018 A, 2.1%, tender 12/1/20 (a) | 8,000,000 | 8,068,106 | |
Series 2019, 1.37%, tender 3/1/22 (a) | 6,000,000 | 6,028,500 | |
Little Rock School District Series 2017, 3% 2/1/21 | 1,470,000 | 1,499,158 | |
TOTAL ARKANSAS | 23,535,469 | ||
California - 2.0% | |||
Bay Area Toll Auth. San Francisco Bay Toll Bridge Rev. Bonds: | |||
Series A, 2.95%, tender 4/1/26 (a) | 115,000 | 127,808 | |
Series B, 2.85%, tender 4/1/25 (a) | 95,000 | 103,636 | |
California Gen. Oblig.: | |||
Bonds: | |||
Series 2012 A, 1.4%, tender 5/1/21 (a) | 5,995,000 | 5,996,739 | |
Series 2013 D, 1.44%, tender 3/5/20 (a) | 4,690,000 | 4,690,490 | |
Series 2013, SIFMA Municipal Swap Index + 0.380% 1.53%, tender 12/1/22 (a)(c) | 3,270,000 | 3,278,960 | |
5.25% 9/1/22 | 35,000 | 38,904 | |
California Infrastructure and Econ. Dev. Bank Rev. Bonds: | |||
Series 2011 A-2, 3 month U.S. LIBOR + 0.370% 1.604%, tender 3/2/20 (a)(c) | 7,150,000 | 7,151,756 | |
Series 2012 B, 1 month U.S. LIBOR + 0.200% 1.36%, tender 4/1/21 (a)(c) | 5,000,000 | 5,007,500 | |
Series 2018 A, 1 month U.S. LIBOR + 0.380% 1.511%, tender 8/1/21 (a)(c) | 400,000 | 400,556 | |
Series 2018 C, 1 month U.S. LIBOR + 0.380% 1.511%, tender 8/1/21 (a)(c) | 1,555,000 | 1,557,161 | |
Series 2018 D, 1 month U.S. LIBOR + 0.380% 1.511%, tender 8/1/21 (a)(c) | 5,500,000 | 5,507,645 | |
California Poll. Cont. Fing. Auth. Solid Waste Disp. Rev. Bonds (Republic Svcs., Inc. Proj.): | |||
Series 2010 A, 1.09%, tender 5/1/20 (a)(b)(d) | 1,000,000 | 1,000,192 | |
Series 2017 A2, 1.17%, tender 4/15/20 (a)(b)(d) | 2,000,000 | 2,000,136 | |
California Statewide Cmntys. Dev. Auth. Poll. Cont. Rev. Bonds (Southern California Edison Co.) Series 2006 A & B, 1.9%, tender 4/1/20 (a) | 2,040,000 | 2,041,497 | |
California Statewide Cmntys. Dev. Auth. Rev. Series 2007: | |||
1.23%, tender 7/1/41 (FSA Insured) (a) | 2,225,000 | 2,225,000 | |
1.29%, tender 7/1/40 (FSA Insured) (a) | 4,075,000 | 4,075,000 | |
Compton Unified School District Series 2006 D, 0% 6/1/20 (AMBAC Insured) | 2,280,000 | 2,275,051 | |
Golden State Tobacco Securitization Corp. Tobacco Settlement Rev.: | |||
Series 2017 A1: | |||
5% 6/1/21 | 25,000 | 26,255 | |
5% 6/1/22 | 40,000 | 43,566 | |
5% 6/1/23 | 45,000 | 50,726 | |
5% 6/1/24 | 25,000 | 29,141 | |
Series A, 0% 6/1/24 (AMBAC Insured) | 75,000 | 71,762 | |
Los Angeles Dept. Arpt. Rev.: | |||
Series 2017 B, 5% 5/15/23 (b) | 800,000 | 903,744 | |
Series F, 5% 5/15/22 (b) | 1,400,000 | 1,526,714 | |
Oakland Unified School District Alameda County Series 2013, 5.5% 8/1/23 | 20,000 | 22,626 | |
Palomar Pomerado Health Care Dis: | |||
Series 2006 A, 2.24%, tender 11/1/36 (FSA Insured) (a) | 5,125,000 | 5,125,000 | |
Series 2006 B, 2.15%, tender 11/1/36 (FSA Insured) (a) | 4,925,000 | 4,925,000 | |
Series 2006 C, 2.13%, tender 11/1/36 (FSA Insured) (a) | 2,400,000 | 2,400,000 | |
Port of Oakland Rev. Series 2012 P, 5% 5/1/21 (b) | 55,000 | 57,539 | |
San Jose Int. Arpt. Rev.: | |||
Series 2011 A1, 5.25% 3/1/20 (b) | 2,000,000 | 2,000,000 | |
Series 2017 A, 5% 3/1/21 (b) | 2,550,000 | 2,654,571 | |
San Pablo Redev. Agcy. Series 2014 A, 5% 6/15/24 (FSA Insured) | 30,000 | 35,236 | |
Washington Township Health Care District Rev. Series 2019 A, 5% 7/1/20 | 400,000 | 405,350 | |
TOTAL CALIFORNIA | 67,755,261 | ||
Colorado - 1.1% | |||
Colorado Health Facilities Auth.: | |||
Bonds: | |||
(Valley View Hosp. Assoc. Proj.) Series 2018, 2.8%, tender 5/15/23 (a) | 510,000 | 531,201 | |
Series 2019 B: | |||
5%, tender 8/1/25 (a) | 300,000 | 354,687 | |
5%, tender 8/1/26 (a) | 240,000 | 290,981 | |
5%, tender 11/19/26 (a) | 1,490,000 | 1,871,962 | |
Series 2019 A, 5% 11/1/20 | 2,000,000 | 2,054,580 | |
Series 2019, 4% 1/1/21 | 650,000 | 662,658 | |
Colorado Health Facilities Auth. Retirement Hsg. Rev. (Liberty Heights Proj.) 0% 7/15/22 (Escrowed to Maturity) | 620,000 | 606,961 | |
Colorado Health Facilities Auth. Rev. Bonds Series 2008 D3, 5%, tender 11/12/21 (a) | 115,000 | 122,354 | |
Colorado Hsg. & Fin. Auth.: | |||
Series 2019 F, 4.25% 11/1/49 | 200,000 | 225,176 | |
Series 2019 H, 4.25% 11/1/49 | 110,000 | 124,015 | |
Colorado Reg'l. Trans. District Ctfs. of Prtn.: | |||
Series 2013 A: | |||
5% 6/1/20 | 115,000 | 116,164 | |
5% 6/1/23 | 100,000 | 113,214 | |
Series 2014 A, 5% 6/1/23 | 85,000 | 96,232 | |
Colorado Univ. Co. Hosp. Auth. Rev. Bonds Series 2017C-2, 5%, tender 3/1/22 (a) | 1,120,000 | 1,187,166 | |
Denver City & County Arpt. Rev.: | |||
(Sub Lien Proj.) Series 2013 A, 5% 11/15/21 (b) | 900,000 | 962,415 | |
Series 2007, 1.15%, tender 11/15/25 (a) | 3,150,000 | 3,150,000 | |
Series 2011 A, 5.25% 11/15/22 (b) | 1,750,000 | 1,882,790 | |
Series 2012 A, 5% 11/15/22 (b) | 455,000 | 504,004 | |
Series 2013 A, 5% 11/15/22 (b) | 500,000 | 553,425 | |
Series 2017 A: | |||
5% 11/15/21 (b) | 565,000 | 604,183 | |
5% 11/15/22 (b) | 3,455,000 | 3,827,104 | |
Series 2018 A: | |||
5% 12/1/20 (b) | 8,375,000 | 8,636,094 | |
5% 12/1/21 (b) | 1,000,000 | 1,071,150 | |
Denver Health & Hosp. Auth. Healthcare Rev. Series 2017 A, 5% 12/1/20 (d) | 325,000 | 334,292 | |
E-470 Pub. Hwy. Auth. Rev.: | |||
Bonds Series 2019 A, 1 month U.S. LIBOR + 0.420% 1.511%, tender 9/1/21 (a)(c) | 2,250,000 | 2,252,273 | |
Series 2000 B, 0% 9/1/20 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 805,000 | 801,236 | |
Series 2015 A: | |||
2.35% 9/1/20 | 100,000 | 100,689 | |
5% 9/1/20 | 275,000 | 280,481 | |
Series B: | |||
0% 9/1/20 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 1,000,000 | 995,325 | |
0% 9/1/21 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 525,000 | 517,230 | |
Pueblo Colo Urban Renewal Auth. Series 2017, 2.75% 6/1/20 | 155,000 | 155,335 | |
Vauxmont Metropolitan District Series 2019: | |||
5% 12/15/22 | 100,000 | 109,581 | |
5% 12/15/23 | 120,000 | 135,271 | |
TOTAL COLORADO | 35,230,229 | ||
Connecticut - 2.0% | |||
City of New Haven Series A, 5% 8/1/22 | 1,000,000 | 1,087,060 | |
Connecticut Gen. Oblig.: | |||
Series 2011 B, 5% 5/15/21 | 705,000 | 740,194 | |
Series 2011 D, 5% 11/1/22 | 185,000 | 197,702 | |
Series 2012 A, SIFMA Municipal Swap Index + 1.250% 2.4% 4/15/20 (a)(c) | 4,135,000 | 4,140,913 | |
Series 2012 C, 5% 6/1/21 | 510,000 | 536,398 | |
Series 2013 A, SIFMA Municipal Swap Index + 0.650% 1.8% 3/1/20 (a)(c) | 105,000 | 105,000 | |
Series 2013 D, 5% 8/15/20 | 190,000 | 193,568 | |
Series 2014 A: | |||
4% 3/1/21 | 500,000 | 515,766 | |
4% 3/1/22 | 450,000 | 478,359 | |
Series 2014 H, 5% 11/15/21 | 680,000 | 728,001 | |
Series 2015 A, 5% 3/15/22 | 1,035,000 | 1,122,313 | |
Series 2015 C, SIFMA Municipal Swap Index + 0.900% 2.05% 6/15/21 (a)(c) | 2,500,000 | 2,525,575 | |
Series 2015 F, 5% 11/15/20 | 275,000 | 283,023 | |
Series 2016 A, 5% 3/15/26 | 45,000 | 55,678 | |
Series 2016 B: | |||
5% 5/15/21 | 1,875,000 | 1,968,600 | |
5% 5/15/22 | 350,000 | 381,920 | |
Series 2016 E, 5% 10/15/20 | 1,080,000 | 1,107,770 | |
Series 2016 G: | |||
3% 11/1/20 | 335,000 | 339,825 | |
5% 11/1/21 | 1,200,000 | 1,282,776 | |
Series 2017 B, 3% 4/15/22 | 325,000 | 339,914 | |
Series 2018 B: | |||
5% 4/15/22 | 810,000 | 881,102 | |
5% 4/15/23 | 500,000 | 563,180 | |
Series 2018 E, 5% 9/15/20 | 415,000 | 424,234 | |
Series 2018 F: | |||
5% 9/15/20 | 750,000 | 766,688 | |
5% 9/15/21 | 265,000 | 281,886 | |
5% 9/15/22 | 225,000 | 248,596 | |
Series 2019 A: | |||
5% 4/15/23 | 525,000 | 591,339 | |
5% 4/15/25 | 1,480,000 | 1,784,096 | |
Series 2019 B, 5% 2/15/22 | 6,000,000 | 6,485,400 | |
Series D, SIFMA Municipal Swap Index + 1.020% 2.17% 8/15/20 (a)(c) | 890,000 | 893,891 | |
Connecticut Health & Edl. Facilities Auth. Rev.: | |||
(Connecticut St Univ. Sys. Proj.) Series 2013 N, 5% 11/1/20 | 2,035,000 | 2,088,339 | |
(Stamford Hosp. Proj.) Series 2010 I, 5% 7/1/20 | 900,000 | 911,556 | |
Bonds: | |||
Series 2014 A, 1.1%, tender 2/7/23 (a) | 5,000,000 | 5,027,350 | |
Series 2014 B, 1.8%, tender 7/1/24 (a) | 345,000 | 355,312 | |
Series 2015 A, 2.05%, tender 7/21/21 (a) | 9,975,000 | 10,130,810 | |
Series 2018 S, 5% 7/1/20 | 1,200,000 | 1,215,929 | |
Series A, 5% 7/1/21 (Escrowed to Maturity) | 800,000 | 844,608 | |
Series N: | |||
5% 7/1/21 | 610,000 | 642,098 | |
5% 7/1/22 | 400,000 | 435,372 | |
5% 7/1/23 | 415,000 | 466,564 | |
Connecticut Higher Ed. Supplemental Ln. Auth. Rev.: | |||
(Chesla Ln. Prog.) Series 2017 A, 5% 11/15/22 (b) | 300,000 | 329,943 | |
Series 2017 B: | |||
5% 11/15/21 (b) | 655,000 | 696,992 | |
5% 11/15/23 (b) | 125,000 | 141,740 | |
Connecticut Hsg. Fin. Auth.: | |||
(Ct Gen. Hsg. 9/27/72 Proj.) Series 2012 A, 2.4% 11/15/20 | 270,000 | 272,666 | |
Bonds: | |||
Series 2017 E-3, 1.5%, tender 10/1/20 (a) | 505,000 | 505,202 | |
Series 2019 E, 1.625%, tender 11/15/22 (a) | 3,000,000 | 3,009,900 | |
Series 2019 F, 1.45%, tender 5/1/20 (a)(b) | 2,000,000 | 2,001,298 | |
Series 2013 B2, 4% 11/15/32 | 60,000 | 61,754 | |
Series 2016 F: | |||
1.55% 5/15/20 (b) | 220,000 | 220,173 | |
1.6% 11/15/20 (b) | 565,000 | 566,686 | |
Connecticut Spl. Tax Oblig. Trans. Infrastructure Rev.: | |||
Series 2012 A, 5% 1/1/23 | 355,000 | 395,438 | |
Series 2012 B, 5% 1/1/21 | 325,000 | 336,043 | |
Series 2016 A, 5% 9/1/21 | 700,000 | 742,833 | |
Hartford Gen. Oblig. Series 2012 A, 5% 4/1/21 (FSA Insured) | 2,000,000 | 2,087,520 | |
Naugatuck Ctfs. of Prtn. (Naugatuck Incineration Facilities Proj.) Series 2014 A, 5% 6/15/20 (b) | 315,000 | 318,623 | |
New Britain Gen. Oblig. Series 2017 A: | |||
5% 3/1/20 (FSA Insured) | 65,000 | 65,000 | |
5% 3/1/21 (FSA Insured) | 90,000 | 93,553 | |
New Haven Gen. Oblig.: | |||
Series 2016 A, 5% 8/15/25 (FSA Insured) | 20,000 | 24,025 | |
Series B, 5% 2/1/22 | 350,000 | 374,157 | |
Univ. of Connecticut Gen. Oblig.: | |||
Series 2016 A, 5% 3/15/22 | 190,000 | 205,546 | |
Series 2019 A, 5% 11/1/25 | 225,000 | 274,979 | |
TOTAL CONNECTICUT | 65,892,776 | ||
Delaware, New Jersey - 0.0% | |||
Delaware River & Bay Auth. Rev. Series 2014 C, 5% 1/1/21 | 45,000 | 46,529 | |
District Of Columbia - 0.5% | |||
District of Columbia Hsg. Fin. Agcy. Multi-family Hsg. Rev. Bonds (Liberty Place Apts. Proj.) Series 2018, 2.13%, tender 12/1/20 (a) | 5,000,000 | 5,039,175 | |
District of Columbia Income Tax Rev. Series 2020 B, 5% 10/1/22 (e) | 600,000 | 664,272 | |
Metropolitan Washington DC Arpts. Auth. Sys. Rev.: | |||
Series 2011 C: | |||
5% 10/1/21 (b) | 250,000 | 265,818 | |
5% 10/1/22 (b) | 430,000 | 457,490 | |
5% 10/1/23 (b) | 140,000 | 148,974 | |
5% 10/1/24 (b) | 115,000 | 122,372 | |
Series 2012 A, 5% 10/1/22 (b) | 140,000 | 154,406 | |
Series 2014 A: | |||
5% 10/1/20 (b) | 540,000 | 552,567 | |
5% 10/1/21 (b) | 400,000 | 425,308 | |
5% 10/1/23 (b) | 10,000 | 11,406 | |
Series 2017 A, 5% 10/1/26 (b) | 145,000 | 180,584 | |
Series 2019 A: | |||
5% 10/1/20 (b) | 800,000 | 818,618 | |
5% 10/1/21 (b) | 130,000 | 138,225 | |
5% 10/1/22 (b) | 290,000 | 319,841 | |
5% 10/1/23 (b) | 50,000 | 57,028 | |
5% 10/1/25 (b) | 155,000 | 188,006 | |
Series 2020 A: | |||
5% 10/1/21(b)(e) | 1,200,000 | 1,257,636 | |
5% 10/1/22(b)(e) | 1,750,000 | 1,899,153 | |
5% 10/1/23(b)(e) | 925,000 | 1,037,869 | |
5% 10/1/24(b)(e) | 530,000 | 612,770 | |
5% 10/1/25(b)(e) | 530,000 | 630,075 | |
Washington D.C. Metropolitan Transit Auth. Rev. Series 2018, 5% 7/1/20 | 1,000,000 | 1,013,708 | |
TOTAL DISTRICT OF COLUMBIA | 15,995,301 | ||
Florida - 2.5% | |||
Alachua County Health Facilities Auth. Health Facilities Rev. Series 2019 B1, 5% 12/1/20 | 550,000 | 566,477 | |
Brevard County School Board Ctfs. of Prtn.: | |||
Series 2014, 5% 7/1/21 | 20,000 | 21,104 | |
Series 2015 C: | |||
5% 7/1/21 | 15,000 | 15,828 | |
5% 7/1/22 | 80,000 | 87,462 | |
5% 7/1/23 | 65,000 | 73,646 | |
Broward County Arpt. Sys. Rev.: | |||
Series 2012 P1, 5% 10/1/20 (b) | 2,000,000 | 2,046,664 | |
Series 2012 Q, 5% 10/1/21 (b) | 320,000 | 340,298 | |
Series 2013 A: | |||
5% 10/1/20 (b) | 300,000 | 307,000 | |
5.25% 10/1/32 (Pre-Refunded to 10/1/23 @ 100) (b) | 250,000 | 286,773 | |
Series 2015 A, 5% 10/1/20 (b) | 1,750,000 | 1,790,831 | |
Series 2015 C, 5% 10/1/24 (b) | 110,000 | 129,411 | |
Series 2017, 5% 10/1/20 (b) | 1,030,000 | 1,054,032 | |
Series 2019 A, 5% 10/1/21 (b) | 2,185,000 | 2,323,595 | |
Series 2019 B: | |||
5% 10/1/20 (b) | 925,000 | 946,582 | |
5% 10/1/21 (b) | 1,665,000 | 1,770,611 | |
5% 10/1/23 (b) | 700,000 | 798,119 | |
Series 2019, 5% 10/1/20(b) | 2,770,000 | 2,834,629 | |
Series A: | |||
5% 10/1/22 (b) | 65,000 | 71,671 | |
5% 10/1/23 (b) | 90,000 | 102,615 | |
Broward County Fin. Auth. Multi-family Hsg. Rev. Bonds Series 2019 B, 1.2%, tender 8/1/21 (a) | 4,000,000 | 4,010,640 | |
Broward County Port Facilities Rev. Series 2011 B: | |||
4.625% 9/1/27 (Pre-Refunded to 9/1/21 @ 100) (b) | 475,000 | 500,261 | |
5% 9/1/20 (b) | 165,000 | 168,338 | |
5% 9/1/20 (Escrowed to Maturity) (b) | 335,000 | 341,458 | |
5% 9/1/21 (b) | 115,000 | 121,841 | |
5% 9/1/21 (Escrowed to Maturity) (b) | 240,000 | 253,910 | |
Broward County School Board Ctfs. of Prtn.: | |||
(Broward County School District Proj.) Series 2017 C, 5% 7/1/22 | 70,000 | 76,785 | |
Series 2015 A: | |||
5% 7/1/21 | 100,000 | 105,549 | |
5% 7/1/22 | 75,000 | 82,270 | |
5% 7/1/23 | 60,000 | 68,278 | |
5% 7/1/24 | 30,000 | 35,234 | |
Series 2015 B: | |||
5% 7/1/22 | 100,000 | 109,693 | |
5% 7/1/23 | 60,000 | 68,278 | |
5% 7/1/24 | 25,000 | 29,361 | |
Central Florida Expressway Auth. Sr. Lien Rev.: | |||
Series 2019 A: | |||
5% 7/1/20 | 360,000 | 364,887 | |
5% 7/1/21 | 625,000 | 658,994 | |
Series 2019 B: | |||
5% 7/1/20 | 500,000 | 506,787 | |
5% 7/1/21 | 1,000,000 | 1,054,390 | |
Citizens Property Ins. Corp. Series 2012 A1, 5% 6/1/21 | 2,715,000 | 2,854,497 | |
Escambia County Poll. Cont. Rev. (Gulf Pwr. Co. Proj.) Series 2003, 2.6% 6/1/23 | 700,000 | 731,521 | |
Florida Higher Edl. Facilities Fing. Auth. Series 2019: | |||
5% 10/1/20 | 225,000 | 229,840 | |
5% 10/1/21 | 450,000 | 475,407 | |
Florida Hsg. Fin. Corp. Multi-family Mtg. Rev. Series 2019 A, 2% 8/1/21 | 2,500,000 | 2,530,375 | |
Florida Hsg. Fin. Corp. Rev. Series 2017: | |||
1.95% 1/1/21 | 410,000 | 413,167 | |
2% 7/1/21 | 355,000 | 359,388 | |
2.05% 1/1/22 | 275,000 | 279,920 | |
Florida Mid-Bay Bridge Auth. Rev. Series 2015 A: | |||
5% 10/1/21 | 20,000 | 21,204 | |
5% 10/1/22 | 45,000 | 49,340 | |
5% 10/1/23 | 55,000 | 62,191 | |
5% 10/1/24 | 45,000 | 52,349 | |
5% 10/1/25 | 40,000 | 47,894 | |
5% 10/1/26 | 45,000 | 53,904 | |
Greater Orlando Aviation Auth. Arpt. Facilities Rev.: | |||
Series 2011 B, 4% 10/1/22 (b) | 500,000 | 523,750 | |
Series 2015 A, 4% 10/1/22 (b) | 430,000 | 463,437 | |
Series 2016, 5% 10/1/20 (b) | 100,000 | 102,333 | |
Series 2017 A: | |||
5% 10/1/25 (b) | 20,000 | 24,211 | |
5% 10/1/26 (b) | 45,000 | 55,850 | |
Series 2019 A: | |||
5% 10/1/20 (b) | 1,380,000 | 1,412,198 | |
5% 10/1/22 (b) | 2,415,000 | 2,664,156 | |
5% 10/1/23 (b) | 700,000 | 798,651 | |
Halifax Hosp. Med. Ctr. Rev. Series 2015, 5% 6/1/23 | 30,000 | 33,595 | |
Hillsborough County School District Sales Tax Rev. Series 2015 B, 5% 10/1/22 (FSA Insured) | 45,000 | 49,740 | |
Indian River County School Board Ctfs. of Prtn. Series 2014: | |||
5% 7/1/20 | 20,000 | 20,270 | |
5% 7/1/22 | 45,000 | 49,219 | |
5% 7/1/23 | 45,000 | 50,970 | |
Jacksonville Elec. Auth. Elec. Sys. Rev.: | |||
Series 2013 B, 5% 10/1/21 | 820,000 | 868,815 | |
Series 2013 C, 5% 10/1/22 (Escrowed to Maturity) | 430,000 | 476,100 | |
Series 2013 D, 5% 10/1/20 | 670,000 | 684,884 | |
Series 2014 A: | |||
5% 10/1/20 | 770,000 | 787,106 | |
5% 10/1/21 | 1,380,000 | 1,462,828 | |
JEA Saint Johns River Pwr. Park Sys. Rev. Series 6, 5% 10/1/20 | 250,000 | 250,734 | |
Lee County Solid Waste Sys. Rev. Series 2016, 5% 10/1/20 (b) | 1,425,000 | 1,454,402 | |
Manatee County Rev. Series 2013, 5% 10/1/22 | 20,000 | 22,101 | |
Manatee County School District Series 2017, 5% 10/1/24 (FSA Insured) | 30,000 | 35,783 | |
Miami Health Facilities Auth. Rev. Series 2017, 5% 7/1/20 | 110,000 | 110,434 | |
Miami-Dade County Aviation Rev.: | |||
Series 2012 A: | |||
5% 10/1/20 (b) | 1,150,000 | 1,176,832 | |
5% 10/1/21 (b) | 335,000 | 356,249 | |
Series 2014: | |||
5% 10/1/20 (b) | 560,000 | 573,066 | |
5% 10/1/22 (b) | 235,000 | 259,182 | |
Series 2015 A, 5% 10/1/21 (b) | 255,000 | 271,175 | |
Series 2017 B: | |||
2.75% 10/1/20 (b) | 1,150,000 | 1,161,961 | |
5% 10/1/20 (b) | 2,800,000 | 2,865,329 | |
Miami-Dade County Expressway Auth.: | |||
(Waste Mgmt., Inc. of Florida Proj.): | |||
5% 7/1/20 | 20,000 | 20,262 | |
5% 7/1/21 | 345,000 | 363,247 | |
5% 7/1/22 | 45,000 | 49,001 | |
5% 7/1/23 | 45,000 | 49,241 | |
Series 2014 A, 5% 7/1/21 | 250,000 | 263,223 | |
Series 2014 B: | |||
5% 7/1/20 | 250,000 | 253,277 | |
5% 7/1/22 | 35,000 | 38,112 | |
5% 7/1/23 | 70,000 | 78,795 | |
Miami-Dade County Health Facilities Auth. Hosp. Rev. Series 2010, 5.25% 8/1/21 | 85,000 | 86,520 | |
Miami-Dade County Indl. Dev. Auth. Solid Waste Disp. Rev. Bonds (Waste Mgmt. of Florida Proj.) Series 2018, 2.85%, tender 8/2/21 (a)(b) | 3,960,000 | 4,050,763 | |
Miami-Dade County School Board Ctfs. of Prtn.: | |||
(Miami-Dade County School District) Series 2012 B-2, 4% 4/1/20 | 190,000 | 190,469 | |
Series 2014 D: | |||
5% 11/1/20 | 215,000 | 220,925 | |
5% 11/1/21 | 135,000 | 144,312 | |
5% 11/1/22 | 65,000 | 71,992 | |
5% 11/1/23 | 165,000 | 188,976 | |
Series 2015 A: | |||
5% 5/1/21 | 415,000 | 435,049 | |
5% 5/1/22 | 605,000 | 657,980 | |
5% 5/1/23 | 140,000 | 157,611 | |
Series 2015 B, 5% 5/1/24 | 645,000 | 749,819 | |
Series 2015 D, 5% 2/1/22 | 410,000 | 442,509 | |
North Broward Hosp. District Rev. Series 2017 B, 5% 1/1/21 | 380,000 | 391,372 | |
Orange County Health Facilities Auth. Series B: | |||
5% 10/1/20 | 1,660,000 | 1,699,610 | |
5% 10/1/21 | 1,330,000 | 1,416,317 | |
5% 10/1/22 | 1,295,000 | 1,427,906 | |
Orlando & Orange County Expressway Auth. Rev. Series 2012, 5% 7/1/22 | 305,000 | 333,969 | |
Palm Beach County Health Facilities Auth. Hosp. Rev.: | |||
Series 2014: | |||
5% 12/1/20 (Escrowed to Maturity) | 30,000 | 30,915 | |
5% 12/1/21 (Escrowed to Maturity) | 35,000 | 37,490 | |
5% 12/1/23 (Escrowed to Maturity) | 5,000 | 5,753 | |
5% 12/1/24 (Escrowed to Maturity) | 10,000 | 11,874 | |
Series 2019: | |||
5% 8/15/20 | 1,700,000 | 1,731,532 | |
5% 8/15/21 | 425,000 | 450,045 | |
Palm Beach County School Board Ctfs. of Prtn.: | |||
(Palm Beach County School District Proj.): | |||
Series 2018 A, 5% 8/1/21 | 2,000,000 | 2,117,320 | |
Series 2018 B, 5% 8/1/21 | 1,100,000 | 1,164,526 | |
Series 2014 B: | |||
4% 8/1/21 | 90,000 | 94,019 | |
5% 8/1/21 | 115,000 | 121,746 | |
5% 8/1/22 | 20,000 | 21,987 | |
Pasco County School Board Ctfs. of Prtn. Series 2005 B, 1.24%, tender 8/1/30 (a) | 3,975,000 | 3,975,000 | |
Pasco County School District Sales Tax Rev. Series 2013: | |||
5% 10/1/20 | 20,000 | 20,476 | |
5% 10/1/21 | 120,000 | 127,768 | |
5% 10/1/22 | 20,000 | 22,020 | |
Pinellas County Hsg. Fin. Auth. Bonds (Lutheran Apts. Proj.) Series 2019 B, 1.25%, tender 8/1/21 (a) | 1,625,000 | 1,629,323 | |
Seminole County School Board Ctfs. of Prtn. Series 2016 C: | |||
5% 7/1/25 | 20,000 | 24,168 | |
5% 7/1/26 | 25,000 | 31,137 | |
Tallahassee Health Facilities Rev. (Tallahassee Memorial Healthcare, Inc. Proj.) Series 2016 A, 5% 12/1/21 | 65,000 | 69,193 | |
Tampa Bay Wtr. Reg'l. Wtr. Supply Auth. Util. Sys. Rev. Series 2005, 5.5% 10/1/22 (FGIC Insured) | 30,000 | 33,582 | |
Tampa Solid Waste Sys. Rev. Series 2013, 5% 10/1/20 (b) | 585,000 | 598,340 | |
Tampa Tax Allocation (H. Lee Moffitt Cancer Ctr. Proj.): | |||
Series 2012 A, 5% 9/1/20 | 40,000 | 40,801 | |
Series 2016 A, 5% 9/1/20 | 150,000 | 153,005 | |
Volusia County Edl. Facilities Auth. Rev. (Embry-Riddle Aeronautical Univ., Inc. Proj.) Series 2020 A: | |||
4% 10/15/21 | 390,000 | 409,679 | |
4% 10/15/22 | 300,000 | 324,081 | |
5% 10/15/23 | 590,000 | 675,167 | |
5% 10/15/24 | 1,000,000 | 1,180,890 | |
5% 10/15/25 | 1,000,000 | 1,214,350 | |
5% 10/15/26 | 750,000 | 934,463 | |
5% 10/15/27 | 165,000 | 210,730 | |
TOTAL FLORIDA | 82,593,297 | ||
Georgia - 3.0% | |||
Atlanta Arpt. Rev. 5% 1/1/22 | 20,000 | 21,536 | |
Atlanta Urban Residential Fin. Auth. Bonds: | |||
(Bethel Towers Apt. Proj.) Series 2018, 2.07%, tender 11/1/20 (a) | 10,000,000 | 10,033,215 | |
(Creekside at Adamsville Place Proj.) Series 2019, 1.95%, tender 5/1/21 (a) | 7,000,000 | 7,065,170 | |
(Herndon Square Sr. Apts. Proj.) Series 2019, 1.36%, tender 12/1/21 (a) | 2,595,000 | 2,608,027 | |
Atlanta Urban Residential Fin. Auth. Multi-family Hsg. Rev. Bonds (Parkside Proj.) Series 2019 B, 1.38%, tender 1/1/22 (a) | 4,685,000 | 4,708,753 | |
Bartow County Dev. Auth. Poll. Cont. Rev. Bonds (Georgia Pwr. Co. Plant Bowen Proj.): | |||
Series 2009 1st, 2.75%, tender 3/15/23 (a) | 1,500,000 | 1,559,460 | |
Series 2013, 1.55%, tender 8/19/22 (a) | 1,370,000 | 1,376,302 | |
Brookhaven Dev. Auth. Rev. Series 2019 A, 5% 7/1/22 | 1,000,000 | 1,095,950 | |
Burke County Indl. Dev. Auth. Poll. Cont. Rev. Bonds: | |||
(Georgia Pwr. Co. Plant Vogtle Proj.): | |||
Series 1994, 2.25%, tender 5/25/23 (a) | 1,405,000 | 1,442,514 | |
Series 1995 5, 2.05%, tender 11/19/21 (a) | 375,000 | 379,658 | |
Series 2008, 1.65%, tender 6/18/21 (a) | 685,000 | 688,494 | |
Series 2012 1st, 1.55%, tender 8/22/22 (a) | 2,000,000 | 2,009,680 | |
Series 2013 1st, 2.925%, tender 3/12/24 (a) | 990,000 | 1,047,192 | |
(Oglethorpe Pwr. Corp. Vogtle Proj.): | |||
Series 2013 A, 2.4%, tender 4/1/20 (a) | 220,000 | 220,203 | |
Series 2017 E, 3.25%, tender 2/3/25 (a) | 100,000 | 106,054 | |
Series 1996, 2.35%, tender 12/11/20 (a) | 1,485,000 | 1,497,845 | |
Clarke County Hosp. Auth. Series 2016, 5% 7/1/20 | 190,000 | 192,547 | |
Cobb County Kennestone Hosp. Auth. Rev. (Wellstar Health Sys., Inc. Proj.) Series 2017 A: | |||
5% 4/1/20 | 45,000 | 45,142 | |
5% 4/1/21 | 100,000 | 104,122 | |
DeKalb County Hsg. Auth. Multi-family Hsg. Rev. Bonds Series 2019 A, 2%, tender 2/1/21 (a) | 9,000,000 | 9,065,828 | |
Fayette County Hosp. Auth. Rev. Bonds (Piedmont Healthcare, Inc. Proj.) Series 2019 A, 5%, tender 7/1/24 (a) | 750,000 | 862,313 | |
Fulton County Dev. Auth. Hosp. R (Wellstar Health Sys., Inc. Proj.) Series 2017 A: | |||
5% 4/1/20 | 40,000 | 40,126 | |
5% 4/1/21 | 85,000 | 88,504 | |
Fulton County Dev. Auth.: | |||
(Piedmont Healthcare, Inc. Proj.) Series 2016, 5% 7/1/20 | 130,000 | 131,743 | |
Bonds Series 2018 A, 2%, tender 3/1/20 (a) | 4,000,000 | 4,000,000 | |
Fulton County Dev. Auth. Rev. Series 2019 C: | |||
5% 7/1/21 | 1,000,000 | 1,055,080 | |
5% 7/1/22 | 1,000,000 | 1,095,950 | |
5% 7/1/23 | 1,300,000 | 1,477,502 | |
Georgia Hsg. & Fin. Auth. Rev. Series 2016 B-2, 1.45% 6/1/20 (b) | 1,000,000 | 1,001,015 | |
Georgia Muni. Elec. Auth. Pwr. Rev.: | |||
(Combined Cycle Proj.) Series 2012 A, 5% 11/1/20 | 300,000 | 307,863 | |
Series 2008 A, 5.25% 1/1/21 | 140,000 | 144,820 | |
Series 2011 A, 5% 1/1/21 | 4,160,000 | 4,294,665 | |
Series 2011 B, 5% 1/1/21 | 450,000 | 464,567 | |
Series 2015 A, 5% 1/1/21 | 255,000 | 263,255 | |
Series 2016 A: | |||
4% 1/1/21 | 280,000 | 286,763 | |
5% 1/1/22 | 250,000 | 267,403 | |
Series 2019 A: | |||
5% 1/1/21 | 600,000 | 619,423 | |
5% 1/1/22 | 1,085,000 | 1,160,527 | |
Series C, 5% 1/1/22 | 1,200,000 | 1,283,532 | |
Series GG, 5% 1/1/21 | 255,000 | 263,362 | |
Georgia Muni. Gas Auth. Rev. (Gas Portfolio III Proj.): | |||
Series 2014 U: | |||
5% 10/1/22 | 20,000 | 22,080 | |
5% 10/1/23 | 55,000 | 62,897 | |
Series R, 5% 10/1/21 | 110,000 | 116,960 | |
Griffin-Spalding County Hosp. (Wellstar Health Sys., Inc. Proj.) Series 2017 A: | |||
3% 4/1/20 | 40,000 | 40,064 | |
3% 4/1/21 | 35,000 | 35,695 | |
Lagrange-Troup County Hosp. Rev. (Wellstar Health Sys., Inc. Proj.) Series 2017 A: | |||
5% 4/1/20 | 30,000 | 30,095 | |
5% 4/1/21 | 85,000 | 88,504 | |
Macon-Bibb County Hsg. Auth. Bonds Series 2018, 2.04%, tender 4/1/20 (a) | 5,000,000 | 5,004,283 | |
Main Street Natural Gas, Inc.: | |||
Bonds: | |||
Series 2018 A, 4%, tender 9/1/23 (Liquidity Facility Royal Bank of Canada) (a) | 375,000 | 412,838 | |
Series 2018 E, SIFMA Municipal Swap Index + 0.570% 1.72%, tender 12/1/23 (Liquidity Facility Royal Bank of Canada) (a)(c) | 11,000,000 | 11,054,120 | |
Seroes 2018 B, 1 month U.S. LIBOR + 0.750% 1.859%, tender 9/1/23 (Liquidity Facility Royal Bank of Canada) (a)(c) | 11,500,000 | 11,640,300 | |
Series 2019 A: | |||
5% 5/15/20 | 500,000 | 503,906 | |
5% 5/15/22 | 1,000,000 | 1,085,010 | |
Series 2019 C: | |||
5% 9/1/20 | 440,000 | 448,858 | |
5% 9/1/21 | 285,000 | 301,960 | |
Monroe County Dev. Auth. Poll. Cont. Rev.: | |||
(Georgia Pwr. Co. Plant Scherer Proj.) Series 1995, 2.25% 7/1/25 | 435,000 | 448,176 | |
Bonds: | |||
(Georgia Pwr. Co. Plant Scherer Proj.): | |||
Series 2009 1, 2.05%, tender 11/19/21 (a) | 705,000 | 713,756 | |
Series 2009, 2.35%, tender 12/11/20 (a) | 2,175,000 | 2,197,852 | |
(Gulf Pwr. Co. Plant Scherer Proj.) Series 2002 1, 2%, tender 6/25/20 (a) | 250,000 | 250,788 | |
Northwest Georgia Hsg. Auth. Multifamily Hsg. Bonds (Meadow Lane Apts. Proj.) Series 2017, 1.7%, tender 9/1/20 (a) | 1,500,000 | 1,502,725 | |
Private Colleges & Univs. Auth. Rev. (The Savannah College of Arts and Design Projs.) Series 2014, 5% 4/1/21 | 75,000 | 78,315 | |
TOTAL GEORGIA | 100,415,287 | ||
Hawaii - 0.2% | |||
Hawaii Dept. of Budget & Fin. Spl. Purp. Rev. (Queens Health Sys. Proj.) Series 2015 B, SIFMA Municipal Swap Index + 0.140% 1.6%, tender 7/1/39 (a)(c) | 575,000 | 575,000 | |
Honolulu City & County Gen. Oblig. Bonds Series 2017 H: | |||
SIFMA Municipal Swap Index + 0.310% 1.46%, tender 3/5/20 (a)(c) | 2,180,000 | 2,180,019 | |
SIFMA Municipal Swap Index + 0.320% 1.47%, tender 3/5/20 (a)(c) | 1,965,000 | 1,965,016 | |
SIFMA Municipal Swap Index + 0.320% 1.47%, tender 3/5/20 (a)(c) | 875,000 | 875,007 | |
State of Hawaii Dept. of Trans. Series 2013: | |||
5% 8/1/20 (b) | 65,000 | 66,063 | |
5% 8/1/21 (b) | 10,000 | 10,559 | |
5% 8/1/21 (FSA Insured) (b) | 300,000 | 316,770 | |
5% 8/1/22 (b) | 45,000 | 49,256 | |
5% 8/1/23 (b) | 30,000 | 33,948 | |
TOTAL HAWAII | 6,071,638 | ||
Idaho - 0.1% | |||
Idaho Health Facilities Auth. Hosp. Rev. Bonds Series 2013 ID, 1.05%, tender 5/1/20 (a) | 4,050,000 | 4,050,776 | |
Idaho Health Facilities Auth. Rev. (St. Luke's Health Sys. Proj.) Series 2018 A, 5% 3/1/20 | 515,000 | 515,000 | |
Idaho Hsg. & Fin. Assoc. Single Family Mtg.: | |||
(Idaho St Garvee Proj.) Series 2017 A, 5% 7/15/21 | 230,000 | 242,843 | |
Series 2019 A, 4% 1/1/50 | 55,000 | 61,306 | |
TOTAL IDAHO | 4,869,925 | ||
Illinois - 3.9% | |||
Champaign County Cmnty. Unit Series 2017, 5% 1/1/21 | 355,000 | 367,032 | |
Chicago Board of Ed.: | |||
Series 1999, 0% 12/1/22 (Berkshire Hathaway Assurance Corp. Insured) (FGIC Insured) | 560,000 | 544,583 | |
Series 2019 A, 5% 12/1/23 | 1,000,000 | 1,128,770 | |
Chicago Gen. Oblig.: | |||
Series 2015 C, 5% 1/1/21 (Escrowed to Maturity) | 435,000 | 449,744 | |
Series 2020 A: | |||
3% 1/1/21 | 500,000 | 506,970 | |
5% 1/1/21 | 400,000 | 412,139 | |
5% 1/1/25 | 1,500,000 | 1,727,160 | |
Chicago Midway Arpt. Rev.: | |||
Series 2013 B: | |||
5% 1/1/22 | 110,000 | 118,219 | |
5% 1/1/23 | 130,000 | 144,616 | |
Series 2014 B: | |||
5% 1/1/21 | 10,000 | 10,343 | |
5% 1/1/23 | 55,000 | 61,184 | |
Chicago Motor Fuel Tax Rev. Series 2013: | |||
5% 1/1/21 | 10,000 | 10,226 | |
5% 1/1/22 | 5,000 | 5,232 | |
5% 1/1/23 | 10,000 | 10,799 | |
Chicago O'Hare Int'l. Arpt. Rev.: | |||
Series 2012 A, 5% 1/1/21 | 30,000 | 31,030 | |
Series 2012 B: | |||
5% 1/1/21 (b) | 100,000 | 103,339 | |
5% 1/1/22 (b) | 1,875,000 | 2,012,606 | |
Series 2013 A: | |||
5% 1/1/21 (b) | 1,800,000 | 1,860,095 | |
5% 1/1/22 (b) | 1,100,000 | 1,180,729 | |
5% 1/1/23 (b) | 505,000 | 560,575 | |
Series 2013 B, 5% 1/1/22 | 85,000 | 91,351 | |
Series 2013 C, 5% 1/1/22 (b) | 700,000 | 751,373 | |
Series 2013 D, 5% 1/1/22 | 70,000 | 75,230 | |
Series 2015 B, 5% 1/1/21 | 600,000 | 620,590 | |
Series 2017 D, 5% 1/1/27 (b) | 35,000 | 43,509 | |
Series 2018 A, 5% 1/1/21 (b) | 250,000 | 258,347 | |
Chicago Park District Gen. Oblig.: | |||
Series 2010 A, 4.5% 1/1/23 | 400,000 | 403,768 | |
Series 2015 B, 5% 1/1/21 | 425,000 | 438,148 | |
Series 2018 E, 5% 11/15/20 | 290,000 | 297,447 | |
Chicago Transit Auth. Cap. Grant Receipts Rev. Series 2017: | |||
5% 6/1/20 | 860,000 | 867,911 | |
5% 6/1/21 | 635,000 | 664,623 | |
5% 6/1/25 | 25,000 | 29,793 | |
Chicago Wastewtr. Transmission Rev. Series 2012, 5% 1/1/23 | 25,000 | 26,769 | |
Cook County Cmnty. Consolidated School District No. 59 Series 2020, 4% 3/1/22 (e) | 480,000 | 509,328 | |
Cook County Gen. Oblig.: | |||
Series 2010 A, 5.25% 11/15/22 | 545,000 | 560,914 | |
Series 2011 A, 5.25% 11/15/22 | 20,000 | 21,307 | |
Series 2012 C: | |||
5% 11/15/20 | 155,000 | 158,927 | |
5% 11/15/21 | 120,000 | 127,338 | |
5% 11/15/22 | 590,000 | 646,298 | |
Series 2014 A: | |||
5% 11/15/20 | 20,000 | 20,507 | |
5% 11/15/21 | 10,000 | 10,612 | |
5% 11/15/22 | 30,000 | 32,863 | |
Series 2016 A, 5% 11/15/21 | 2,250,000 | 2,387,588 | |
Series 2018, 5% 11/15/20 | 615,000 | 630,582 | |
DeKalb County Cmnty. Unit Scd Series 2001, 0% 1/1/21 (AMBAC Insured) | 1,175,000 | 1,161,986 | |
Illinois Fin. Auth. Rev.: | |||
(Bradley Univ. Proj.) Series 2017 C, 5% 8/1/26 | 35,000 | 42,432 | |
(Hosp. Sisters Svcs., Inc. Proj.) Series 2012 C, 5% 8/15/20 | 690,000 | 702,641 | |
(OSF Healthcare Sys.) Series 2018 A, 5% 5/15/20 | 700,000 | 705,654 | |
Bonds: | |||
(Ascension Health Cr. Group Proj.) Series 2012 E2, 1.75%, tender 4/1/21 (a) | 3,030,000 | 3,054,604 | |
Series 2016 B, 1 month U.S. LIBOR + 1.350% 2.509%, tender 5/1/21 (a)(c) | 1,090,000 | 1,091,559 | |
Series 2017 B, 5%, tender 12/15/22 (a) | 265,000 | 293,866 | |
Series E, 2.25%, tender 4/29/22 (a) | 500,000 | 513,090 | |
Series 2010, 5% 5/1/20 | 250,000 | 251,626 | |
Series 2011 IL, 5% 12/1/22 (Pre-Refunded to 12/1/21 @ 100) | 25,000 | 26,779 | |
Series 2012 A: | |||
5% 5/15/22 | 250,000 | 270,968 | |
5% 5/15/23 | 30,000 | 32,523 | |
Series 2012: | |||
5% 9/1/20 | 30,000 | 30,605 | |
5% 9/1/21 | 45,000 | 47,754 | |
5% 9/1/22 | 75,000 | 82,628 | |
Series 2015 A: | |||
5% 11/15/22 | 800,000 | 882,096 | |
5% 11/15/22 | 10,000 | 11,071 | |
5% 11/15/24 | 35,000 | 41,108 | |
5% 11/15/25 | 45,000 | 54,339 | |
5% 11/15/26 | 45,000 | 54,378 | |
Series 2015 B, 5% 11/15/24 | 45,000 | 53,193 | |
Series 2016 A: | |||
5% 8/15/20 | 10,000 | 10,153 | |
5% 2/15/21 | 15,000 | 15,582 | |
5% 8/15/21 | 15,000 | 15,733 | |
5% 2/15/23 | 20,000 | 22,289 | |
5% 8/15/23 | 35,000 | 39,002 | |
5% 8/15/24 | 50,000 | 57,291 | |
Series 2016 C: | |||
5% 2/15/22 | 225,000 | 242,973 | |
5% 2/15/23 | 100,000 | 111,970 | |
5% 2/15/24 | 115,000 | 133,245 | |
Series 2016: | |||
5% 5/15/21 | 740,000 | 775,209 | |
5% 7/1/22 | 65,000 | 71,300 | |
5% 5/15/25 | 10,000 | 11,902 | |
5% 5/15/26 | 20,000 | 24,431 | |
5% 5/15/27 | 25,000 | 30,359 | |
Series 2017 A, 5% 7/15/21 | 500,000 | 527,850 | |
Series 2017: | |||
5% 1/1/23 | 35,000 | 39,112 | |
5% 1/1/25 | 50,000 | 59,945 | |
Series 2019: | |||
5% 9/1/22 | 225,000 | 244,791 | |
5% 4/1/26 | 1,000,000 | 1,226,910 | |
Illinois Gen. Oblig.: | |||
Series 2006, 5% 6/1/21 | 405,000 | 424,772 | |
Series 2010: | |||
5% 1/1/21 (FSA Insured) | 35,000 | 35,106 | |
5% 1/1/23 (FSA Insured) | 250,000 | 250,770 | |
Series 2012 A, 4% 1/1/23 | 30,000 | 31,536 | |
Series 2012: | |||
5% 8/1/20 (FSA Insured) | 1,270,000 | 1,291,094 | |
5% 8/1/21 | 55,000 | 58,043 | |
5% 8/1/22 | 760,000 | 829,198 | |
5% 8/1/22 (FSA Insured) | 2,800,000 | 3,058,468 | |
Series 2013: | |||
5% 7/1/21 | 140,000 | 147,290 | |
5% 7/1/22 | 375,000 | 407,981 | |
Series 2014: | |||
5% 2/1/21 | 865,000 | 895,973 | |
5% 2/1/22 | 65,000 | 69,703 | |
5% 4/1/23 | 50,000 | 55,723 | |
5% 2/1/25 | 50,000 | 56,966 | |
Series 2016: | |||
5% 11/1/20 | 900,000 | 923,711 | |
5% 1/1/21 | 3,325,000 | 3,433,197 | |
5% 2/1/21 | 4,000,000 | 4,143,230 | |
5% 11/1/21 | 1,505,000 | 1,602,870 | |
5% 1/1/22 | 1,650,000 | 1,759,577 | |
5% 1/1/26 | 300,000 | 359,475 | |
5% 2/1/26 | 1,235,000 | 1,483,136 | |
Series 2017 A, 5% 12/1/23 | 750,000 | 853,980 | |
Series 2017 D: | |||
5% 11/1/20 | 9,000,000 | 9,237,110 | |
5% 11/1/21 | 2,180,000 | 2,321,765 | |
5% 11/1/23 | 420,000 | 477,128 | |
Series 2018 A: | |||
5% 10/1/20 | 4,200,000 | 4,296,759 | |
5% 5/1/21 | 1,650,000 | 1,725,191 | |
5% 10/1/21 | 1,500,000 | 1,592,700 | |
5% 10/1/26 | 1,340,000 | 1,635,564 | |
Series 2018 B, 5% 10/1/20 | 1,600,000 | 1,636,860 | |
Series 2019 A, 5% 11/1/20 | 4,000,000 | 4,105,382 | |
Series 2019 B, 5% 9/1/20 | 1,260,000 | 1,284,859 | |
Illinois Health Facilities Auth. Rev. Series 2003, 1.6% 11/15/22 | 185,000 | 187,424 | |
Illinois Muni. Elec. Agcy. Pwr. Supply Series 2015 A: | |||
5% 2/1/21 | 470,000 | 487,005 | |
5% 2/1/22 | 640,000 | 688,333 | |
5% 2/1/23 | 25,000 | 27,854 | |
Illinois Reg'l. Trans. Auth.: | |||
Series 1994 C, 7.75% 6/1/20 (FGIC Insured) | 1,000,000 | 1,016,588 | |
Series 2000, 6.25% 7/1/20 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 650,000 | 661,279 | |
Series 2002 A, 6% 7/1/21 | 460,000 | 490,572 | |
Series 2010A, 5% 7/1/20 | 465,000 | 466,412 | |
Series 2017 A: | |||
5% 7/1/20 | 210,000 | 212,788 | |
5% 7/1/21 | 210,000 | 221,193 | |
Illinois Sales Tax Rev.: | |||
Series 2011, 4% 6/15/20 | 1,635,000 | 1,646,613 | |
Series 2013, 5% 6/15/20 | 2,380,000 | 2,403,598 | |
Series 2016 D, 5% 6/15/23 | 1,500,000 | 1,679,790 | |
Illinois State Univ. Revs. Series 2018 A, 5% 4/1/23 (FSA Insured) | 290,000 | 319,305 | |
Illinois Toll Hwy. Auth. Toll Hwy. Rev.: | |||
Series 2014 A: | |||
5% 12/1/20 | 2,600,000 | 2,679,077 | |
5% 12/1/21 | 690,000 | 738,969 | |
5% 12/1/22 | 1,090,000 | 1,210,870 | |
Series C, 5% 1/1/25 | 3,000,000 | 3,571,590 | |
Kane County School District #129, Aurora West Side Series 2014 A, 2.75% 2/1/22 | 1,000,000 | 1,033,230 | |
Kane County School District No. 131: | |||
Series 2020 A: | |||
3% 12/1/21 (FSA Insured) (e) | 355,000 | 367,606 | |
4% 12/1/22 (FSA Insured) (e) | 235,000 | 254,301 | |
5% 12/1/23 (FSA Insured) (e) | 290,000 | 332,514 | |
Series 2020 B: | |||
3% 12/1/21 (FSA Insured) (e) | 510,000 | 528,110 | |
4% 12/1/22 (FSA Insured) (e) | 435,000 | 470,727 | |
Kendall, Kane & Will Counties Cmnty. Unit School District #308 Series 2011, 5.5% 2/1/23 | 550,000 | 614,433 | |
McHenry County Cmnty. School District #200 Series 2006 B: | |||
0% 1/15/24 | 105,000 | 99,287 | |
0% 1/15/25 | 110,000 | 102,273 | |
0% 1/15/26 | 80,000 | 72,982 | |
McHenry County Conservation District Gen. Oblig. Series 2014, 5% 2/1/23 | 50,000 | 55,724 | |
Metropolitan Pier & Exposition: | |||
Series 1994, 0% 6/15/21 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 470,000 | 462,607 | |
Series 2012 B, 5% 12/15/22 | 1,655,000 | 1,809,958 | |
Railsplitter Tobacco Settlement Auth. Rev.: | |||
Series 2010: | |||
5.25% 6/1/20 | 2,295,000 | 2,318,137 | |
5.25% 6/1/21 | 500,000 | 525,440 | |
Series 2017: | |||
5% 6/1/22 | 1,920,000 | 2,083,795 | |
5% 6/1/23 | 1,700,000 | 1,909,508 | |
Rockford Park District Series 2019 B, 3% 12/15/20 | 1,165,000 | 1,179,639 | |
Skokie Pk District Series 2003, 0% 12/1/22 | 1,830,000 | 1,774,771 | |
Univ. of Illinois Board of Trustees Ctfs. of Prtn.: | |||
Series 2014 A, 5% 10/1/20 | 325,000 | 332,487 | |
Series 2014 C, 5% 3/15/23 | 265,000 | 296,336 | |
Univ. of Illinois Rev.: | |||
Series 2005 A, 5.5% 4/1/21 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 700,000 | 733,754 | |
Series 2011 A, 5% 4/1/21 | 250,000 | 260,720 | |
Series 2011, 5% 4/1/22 | 350,000 | 364,543 | |
Series 2015 A, 3% 4/1/20 | 430,000 | 430,668 | |
Series 2019 A, 5% 4/1/22 | 485,000 | 524,702 | |
Waukegan Gen. Oblig.: | |||
Series 2018 A: | |||
3% 12/30/20 (FSA Insured) | 1,000,000 | 1,016,549 | |
4% 12/30/21 (FSA Insured) | 410,000 | 432,337 | |
4% 12/30/22 (FSA Insured) | 425,000 | 457,215 | |
Series 2018 B, 4% 12/30/22 (FSA Insured) | 400,000 | 431,128 | |
Whiteside & Lee Counties Cmnty. Unit School District Series 2018 A, 4% 12/1/21 | 1,325,000 | 1,394,496 | |
Will County Cmnty. Consolidated School District Series 2013, 2.3% 1/1/21 | 2,950,000 | 2,984,948 | |
Will County Cmnty. Unit School District No. 200-U Series 2012, 4% 11/1/20 | 1,910,000 | 1,948,794 | |
TOTAL ILLINOIS | 130,783,557 | ||
Indiana - 1.5% | |||
Indiana Bond Bank Series 2020 A, 3% 1/11/21 | 5,000,000 | 5,083,989 | |
Indiana Fin. Auth. Econ. Dev. Rev. Bonds (Republic Svcs., Inc. Proj.) Series 2012, 1.35%, tender 3/2/20 (a)(b) | 9,000,000 | 9,000,000 | |
Indiana Fin. Auth. Health Sys. Rev. Bonds Series 2019 B, 2.25%, tender 7/1/25 (a) | 710,000 | 758,152 | |
Indiana Fin. Auth. Hosp. Rev.: | |||
Bonds: | |||
Series 2011 H, 1.65%, tender 7/1/22 (a) | 3,300,000 | 3,337,026 | |
Series 2011 L: | |||
SIFMA Municipal Swap Index + 0.280% 1.43%, tender 7/2/21 (a)(c) | 3,300,000 | 3,301,023 | |
SIFMA Municipal Swap Index + 0.280% 1.43%, tender 7/2/21 (a)(c) | 3,500,000 | 3,501,015 | |
Series 2015 B, 1.65%, tender 7/2/22 (a) | 1,190,000 | 1,203,352 | |
Series 2013: | |||
5% 8/15/22 | 15,000 | 16,499 | |
5% 8/15/23 | 20,000 | 22,749 | |
Indiana Fin. Auth. Rev.: | |||
(Butler Univ. Proj.) Series 2019: | |||
3% 2/1/22 | 210,000 | 218,012 | |
3% 2/1/23 | 225,000 | 238,010 | |
4% 2/1/24 | 200,000 | 222,694 | |
4% 2/1/25 | 275,000 | 313,412 | |
(DePauw Univ. Proj.) Series 2019: | |||
5% 7/1/20 | 450,000 | 455,868 | |
5% 7/1/21 | 565,000 | 594,730 | |
5% 7/1/22 | 600,000 | 653,346 | |
Series 2012: | |||
5% 3/1/20 (Escrowed to Maturity) | 15,000 | 15,000 | |
5% 3/1/21 (Escrowed to Maturity) | 25,000 | 26,030 | |
Series 2016, 4% 9/1/20 | 130,000 | 131,854 | |
Indiana Fin. Auth. Wastewtr. Util. Rev. (CWA Auth. Proj.): | |||
Series 2012 A: | |||
5% 10/1/20 | 20,000 | 20,478 | |
5% 10/1/22 | 35,000 | 38,592 | |
Series 2014 A: | |||
5% 10/1/20 | 10,000 | 10,239 | |
5% 10/1/21 | 10,000 | 10,646 | |
5% 10/1/22 | 15,000 | 16,560 | |
Series 2015 A: | |||
5% 10/1/24 | 35,000 | 41,383 | |
5% 10/1/25 | 35,000 | 41,563 | |
Indiana Health Facility Fing. Auth. Rev. Bonds: | |||
Series 2001 A2, 2%, tender 2/1/23 (a) | 155,000 | 159,435 | |
Series 2005 A-5, 1.35%, tender 8/4/20 (a) | 2,430,000 | 2,434,152 | |
Series 2005 A-8, 1.25%, tender 5/1/20 (a) | 340,000 | 340,178 | |
Series 2017: | |||
1.35%, tender 8/4/20 (a) | 155,000 | 155,265 | |
1.375%, tender 5/1/20 (a) | 1,175,000 | 1,175,852 | |
Indianapolis Local Pub. Impt.: | |||
(Indianapolis Arpt. Auth. Proj.) Series 2016 A1: | |||
5% 1/1/21 (b) | 960,000 | 992,376 | |
5% 1/1/23 (b) | 45,000 | 49,899 | |
5% 1/1/24 (b) | 60,000 | 68,693 | |
5% 1/1/25 (b) | 65,000 | 76,677 | |
Series 2019, 1.45% 6/1/21 | 3,000,000 | 3,002,250 | |
Indianapolis Multifamily Hsg. Rev. Bonds Series A, 1.4%, tender 9/1/21 (a) | 4,000,000 | 4,018,400 | |
Lafayette School Corp. Series 2019: | |||
4% 7/15/20 | 415,000 | 419,140 | |
4% 1/15/21 | 425,000 | 434,815 | |
Lake Central Multi-District School Bldg. Corp. Series 2012 B: | |||
4% 1/15/21 | 25,000 | 25,659 | |
5% 7/15/20 | 25,000 | 25,372 | |
5% 7/15/21 | 20,000 | 21,100 | |
Michigan City School Bldg. Corp. (Michigan Gen. Oblig. Proj.) Series 2016 A, 5% 7/15/20 | 530,000 | 537,613 | |
Mount Vernon Ind. Envir. Bonds (Southern Indiana Gas & Elec. Co. Proj.) Series 2015, 2.375%, tender 9/1/20 (a)(b) | 1,000,000 | 1,002,473 | |
Purdue Univ. Rev. Series 2012 AA, 5% 7/1/27 | 255,000 | 279,717 | |
Whiting Envir. Facilities Rev.: | |||
(BP Products North America, Inc. Proj.) Series 2009, 5.25% 1/1/21 | 1,825,000 | 1,887,518 | |
Bonds (BP Products North America, Inc. Proj.): | |||
Series 2015, 5%, tender 11/1/22 (a)(b) | 980,000 | 1,080,528 | |
Series 2016 A, 5%, tender 3/1/23 (a)(b) | 500,000 | 556,910 | |
Series 2019 A, 5%, tender 6/5/26 (a)(b) | 1,640,000 | 2,005,310 | |
TOTAL INDIANA | 50,021,554 | ||
Iowa - 0.6% | |||
Iowa Fin. Auth. Multi-family Rev. Bonds (Elevate at Jordan Creek Apts. Proj.) Series 2018, 2%, tender 3/1/20 (a) | 12,600,000 | 12,600,000 | |
Iowa Fin. Auth. Rev. Series 2018 B, 5% 2/15/22 | 540,000 | 582,260 | |
Iowa Fin. Auth. Single Family Mtg. Bonds Series 2018 B, SIFMA Municipal Swap Index + 0.300% 1.45%, tender 5/3/21 (a)(c) | 3,500,000 | 3,496,080 | |
Iowa Student Ln. Liquidity Corp. Student Ln. Rev.: | |||
Series 2015 A, 5% 12/1/21 (b) | 1,000,000 | 1,062,010 | |
Series 2018 A: | |||
5% 12/1/20 (b) | 500,000 | 513,349 | |
5% 12/1/21 (b) | 500,000 | 531,005 | |
5% 12/1/22 (b) | 725,000 | 794,810 | |
Series 2019 B, 5% 12/1/23 (b) | 600,000 | 684,132 | |
TOTAL IOWA | 20,263,646 | ||
Kansas - 0.2% | |||
Desoto Usd # 232 Series 2015 A, 5% 9/1/22 | 35,000 | 38,587 | |
Kansas Dept. of Trans. Hwy. Rev.: | |||
Series 2004 C1, 1 month U.S. LIBOR + 0.300% 1.459% 9/1/21 (a)(c) | 5,000,000 | 5,015,108 | |
Series 2018 A, 5% 9/1/20 | 1,020,000 | 1,041,200 | |
Univ. of Kansas Hosp. Auth. Health Facilities Rev. Series 2019 B: | |||
5% 3/1/20 | 675,000 | 675,000 | |
5% 3/1/21 | 500,000 | 520,453 | |
Wichita Health Care Facilities Series III, 4% 5/15/21 | 455,000 | 465,015 | |
Wyandotte County/Kansas City Unified Govt. Util. Sys. Rev. Series 2016 A: | |||
5% 9/1/22 | 10,000 | 10,999 | |
5% 9/1/23 | 15,000 | 17,071 | |
5% 9/1/25 | 15,000 | 18,104 | |
TOTAL KANSAS | 7,801,537 | ||
Kentucky - 1.8% | |||
Ashland Med. Ctr. Rev.: | |||
(Ashland Hosp. Corp. D/B/A King's Daughters Med. Ctr. Proj.) Series 2016 A, 5% 2/1/24 | 30,000 | 34,008 | |
(Ashland Hosp. Corp. D/B/A Kings Daughters Med. Ctr. Proj.) Series 2016 A, 5% 2/1/25 | 20,000 | 23,269 | |
Series 2019: | |||
5% 2/1/21 | 385,000 | 397,856 | |
5% 2/1/22 | 500,000 | 534,425 | |
Carroll County Envir. Facilities Rev. Bonds (Kentucky Utils. Co. Proj.) Series 2008 A, 1.2%, tender 6/1/21 (a)(b) | 930,000 | 931,721 | |
Kenton County Arpt. Board Arpt. Rev. Series 2016, 5% 1/1/22 | 285,000 | 306,837 | |
Kentucky Bond Dev. Corp. (Lexington Ctr. Corp. Proj.) Series 2018 A, 5% 9/1/21 | 435,000 | 460,413 | |
Kentucky Econ. Dev. Fin. Auth. Bonds Series 2009 B, 2.7%, tender 11/10/21 (a) | 345,000 | 353,784 | |
Kentucky Econ. Dev. Fin. Auth. Hosp. Rev. Series 2017 A: | |||
5% 6/1/20 | 110,000 | 110,916 | |
5% 6/1/21 | 230,000 | 239,708 | |
Kentucky Higher Ed. Student Ln. Corp. Rev.: | |||
Series 2019 A1 5% 6/1/23 (b) | 250,000 | 278,523 | |
Series 2019 A1, 5% 6/1/22 (b) | 200,000 | 216,040 | |
Kentucky Hsg. Corp. Hsg. Rev. Bonds (Westminster Village Proj.) Series 2019, 2%, tender 4/1/21 (a) | 2,000,000 | 2,017,940 | |
Kentucky Hsg. Corp. Multi-family Rev. Bonds (City View Park Proj.) Series 2020, 1.16%, tender 8/1/22 (a) | 4,000,000 | 4,006,920 | |
Kentucky Rural Wtr. Fin. Corp. Series 2018 E1, 2.25% 3/1/20 | 1,860,000 | 1,860,000 | |
Kentucky State Property & Buildings Commission Rev.: | |||
(Kentucky St Proj.) Series D: | |||
5% 5/1/20 | 1,635,000 | 1,645,610 | |
5% 5/1/21 | 530,000 | 554,719 | |
(Kentucky St Proj.): | |||
Series 2005 5% 8/1/21 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 3,050,000 | 3,222,722 | |
Series 2005, 5% 8/1/20 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 460,000 | 467,621 | |
(Proj. No. 100) Series 2011 A, 5% 8/1/20 | 1,155,000 | 1,174,136 | |
(Proj. No. 115) Series 2017, 5% 4/1/20 | 775,000 | 777,427 | |
(Proj. No. 117) Series B, 3% 5/1/20 | 540,000 | 541,772 | |
(Proj. No. 98) Series 2010: | |||
4% 8/1/20 | 775,000 | 784,669 | |
5% 8/1/21 | 2,055,000 | 2,090,079 | |
Series 2002, 5.5% 8/1/21 (AMBAC Insured) | 415,000 | 441,402 | |
Series 2005, 5% 8/1/22 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 250,000 | 274,208 | |
Series 2015 B, 5% 8/1/20 | 915,000 | 930,160 | |
Series 2015, 4% 8/1/20 | 300,000 | 303,743 | |
Series 2017: | |||
5% 4/1/21 | 600,000 | 625,992 | |
5% 4/1/22 | 400,000 | 433,260 | |
Series 2018: | |||
5% 5/1/21 | 1,145,000 | 1,198,403 | |
5% 5/1/23 | 1,415,000 | 1,589,229 | |
Series A: | |||
5% 10/1/21 | 255,000 | 271,134 | |
5% 11/1/21 | 350,000 | 373,303 | |
5% 8/1/22 | 590,000 | 623,075 | |
5% 11/1/25 | 350,000 | 422,807 | |
Series B: | |||
5% 11/1/21 | 975,000 | 1,039,916 | |
5% 8/1/22 | 885,000 | 970,252 | |
5% 8/1/23 | 350,000 | 396,438 | |
Series C, 5% 11/1/21(e) | 975,000 | 1,032,749 | |
Kentucky, Inc. Pub. Energy: | |||
Bonds Series 2019 A1, 4%, tender 6/1/25 (a) | 1,000,000 | 1,138,120 | |
Series 2018 B: | |||
4% 7/1/20 | 1,000,000 | 1,010,078 | |
4% 7/1/21 | 1,350,000 | 1,403,825 | |
Series A: | |||
4% 6/1/21 (e) | 270,000 | 280,071 | |
4% 12/1/22 (e) | 350,000 | 378,126 | |
Louisville & Jefferson County Bonds Series 2020 B, 5%, tender 10/1/23 (a)(e) | 340,000 | 389,127 | |
Louisville Reg'l. Arpt. Auth. Sys. Rev. Series 2014 A: | |||
5% 7/1/21 (b) | 1,250,000 | 1,317,475 | |
5% 7/1/23 (b) | 1,750,000 | 1,977,238 | |
5% 7/1/24 (b) | 155,000 | 180,674 | |
Louisville/Jefferson County Metropolitan Gov. Series 2012 A: | |||
5% 12/1/28 (Pre-Refunded to 6/1/22 @ 100) | 55,000 | 59,883 | |
5% 12/1/29 (Pre-Refunded to 6/1/22 @ 100) | 230,000 | 250,419 | |
Louisville/Jefferson County Metropolitan Govt. Poll. Cont. Rev. Bonds (Louisville Gas and Elec. Co. Proj.): | |||
Series 2001 B, 2.55%, tender 5/3/21 (a) | 2,000,000 | 2,034,220 | |
Series 2007 A, 1.65%, tender 6/1/21 (a) | 7,250,000 | 7,305,390 | |
Series 2007 B, 1.65%, tender 6/1/21 (a) | 2,000,000 | 2,015,280 | |
Paducah Elec. Plant Board Rev. Series 2019, 5% 10/1/22 | 2,005,000 | 2,199,986 | |
Trimble County Poll. Cont. Rev. Bonds (Louisville Gas and Elec. Co. Proj.): | |||
Series 2001 A, 2.3%, tender 9/1/21 (a) | 600,000 | 611,274 | |
Series 2001 B, 2.55%, tender 5/3/21 (a) | 2,590,000 | 2,634,315 | |
Univ. Louisville Revs. Series 2016 C, 3% 9/1/21 | 780,000 | 802,846 | |
TOTAL KENTUCKY | 59,945,533 | ||
Louisiana - 0.6% | |||
Louisiana Citizens Property Ins. Corp. Assessment Rev. Series 2015, 5% 6/1/21 (FSA Insured) | 1,770,000 | 1,860,943 | |
Louisiana Gen. Oblig.: | |||
Series 2012 A, 5% 8/1/22 | 35,000 | 38,477 | |
Series 2014 D1, 5% 12/1/22 | 30,000 | 33,379 | |
Series 2016 B: | |||
5% 8/1/22 | 310,000 | 340,799 | |
5% 8/1/23 | 135,000 | 153,496 | |
Series 2016 D: | |||
5% 9/1/22 | 140,000 | 154,386 | |
5% 9/1/24 | 155,000 | 183,137 | |
Louisiana Hsg. Corp. Multifamily Hsg. Rev. Bonds Series 2018, 2.4%, tender 6/1/20 (a) | 7,000,000 | 7,021,036 | |
Louisiana Offshore Term. Auth. Deepwater Port Rev. Bonds Series 2010 B-1A, 2%, tender 10/1/22 (a) | 815,000 | 832,702 | |
Louisiana Pub. Facilities Auth. Rev. Series 2009 A, 5.25% 7/1/20 (Escrowed to Maturity) | 870,000 | 881,967 | |
Louisiana Stadium and Exposition District Series 2013 A: | |||
5% 7/1/21 | 35,000 | 36,870 | |
5% 7/1/22 | 20,000 | 21,861 | |
New Orleans Aviation Board Rev.: | |||
(North Term. Proj.) Series 2017 B: | |||
5% 1/1/22 (b) | 280,000 | 299,491 | |
5% 1/1/23 (b) | 1,055,000 | 1,165,807 | |
5% 1/1/24 (b) | 5,000 | 5,698 | |
5% 1/1/25 (b) | 5,000 | 5,865 | |
5% 1/1/26 (b) | 10,000 | 12,045 | |
Series 2017 D2: | |||
5% 1/1/21 (b) | 290,000 | 299,535 | |
5% 1/1/22 (b) | 345,000 | 369,015 | |
5% 1/1/23 (b) | 10,000 | 11,050 | |
5% 1/1/24 (b) | 15,000 | 17,094 | |
5% 1/1/25 (b) | 10,000 | 11,730 | |
St. John Baptist Parish Rev. Bonds (Marathon Oil Corp.) Series 2017, 2%, tender 4/1/23 (a) | 2,780,000 | 2,847,220 | |
St. Tammany Parish Hosp. Svc. (St. Tammany Parish Hosp. Proj.) Series 2011, 4.5% 7/1/21 (Escrowed to Maturity) | 600,000 | 629,010 | |
Tobacco Settlement Fing. Corp. Series 2013 A: | |||
5% 5/15/20 | 1,225,000 | 1,234,519 | |
5% 5/15/21 | 435,000 | 455,219 | |
5% 5/15/23 | 100,000 | 112,261 | |
TOTAL LOUISIANA | 19,034,612 | ||
Maine - 0.0% | |||
Maine Fin. Auth. Student Ln. Rev. Series 2019 A, 5% 12/1/23 (FSA Insured) (b) | 500,000 | 567,940 | |
Maine Health & Higher Edl. Facilities Auth. Rev.: | |||
(Univ. of New England Proj.) Series 2017 A, 4% 7/1/20 | 250,000 | 252,478 | |
Series 2017 B, 4% 7/1/21 | 85,000 | 88,343 | |
Maine Tpk. Auth. Tpk. Rev. Series 2015: | |||
5% 7/1/21 | 50,000 | 52,727 | |
5% 7/1/22 | 40,000 | 43,809 | |
TOTAL MAINE | 1,005,297 | ||
Maryland - 0.8% | |||
Baltimore County Gen. Oblig. Series 2020: | |||
4% 1/1/21 | 650,000 | 667,121 | |
4% 1/1/22 | 830,000 | 877,335 | |
Baltimore Gen. Oblig. Series 2017 B, 5% 10/15/20 | 360,000 | 369,438 | |
Baltimore Proj. Rev. Series 2017 D: | |||
5% 7/1/24 | 70,000 | 82,277 | |
5% 7/1/25 | 75,000 | 91,109 | |
Cmnty. Dev. Admin Dept. Hsg. Series 2018 A, 2.44% 3/1/20 | 3,000,000 | 3,000,000 | |
County Commissioners of Charles County Consolidated Series 2018, 5% 10/1/20 | 2,990,000 | 3,063,460 | |
Maryland Health & Higher Edl. Facilities Auth. Rev.: | |||
Series 2015: | |||
5% 7/1/22 | 20,000 | 21,807 | |
5% 7/1/23 | 20,000 | 22,534 | |
5% 7/1/24 | 45,000 | 52,309 | |
5% 7/1/25 | 40,000 | 47,900 | |
Series 2017, 5% 7/1/20 | 1,330,000 | 1,347,876 | |
Series 2019 A: | |||
5% 10/1/20 | 500,000 | 511,990 | |
5% 10/1/21 | 380,000 | 404,662 | |
Maryland St Cmnty. Dev. Admin Dept. Hsg. & Cmnty. Dev.: | |||
Series 2018 B, 2.61% 4/1/20 | 4,655,000 | 4,658,406 | |
Series 2019 B: | |||
1.55% 9/1/20 | 1,020,000 | 1,023,767 | |
1.6% 3/1/21 | 1,390,000 | 1,399,611 | |
4% 9/1/49 | 280,000 | 311,982 | |
Maryland-Nat'l. Cap. Park and Planning Commission Series 2018 A, 5% 11/1/20 | 675,000 | 693,968 | |
Montgomery County Gen. Oblig. Bonds Series 2013 MD, 1.16%, tender 3/2/20 (a) | 9,500,000 | 9,500,000 | |
TOTAL MARYLAND | 28,147,552 | ||
Massachusetts - 0.8% | |||
Massachusetts Dept. of Trans. Metropolitan Hwy. Sys. Rev. Series 2019 C, 5% 1/1/21 | 2,500,000 | 2,586,641 | |
Massachusetts Dev. Fin. Agcy. Rev.: | |||
(Lesley Univ. Proj.) Series 2016, 5% 7/1/20 | 260,000 | 263,469 | |
Bonds Series S3, SIFMA Municipal Swap Index + 0.500% 1.65%, tender 1/26/23 (a)(c) | 3,400,000 | 3,405,474 | |
Series 2011, 7.25% 1/1/32 (Pre-Refunded to 1/1/21 @ 100) | 1,700,000 | 1,790,406 | |
Series 2016 A, 5% 7/15/22 | 30,000 | 33,008 | |
Series 2016 I: | |||
5% 7/1/21 | 10,000 | 10,504 | |
5% 7/1/22 | 15,000 | 16,312 | |
5% 7/1/23 | 15,000 | 16,853 | |
5% 7/1/24 | 25,000 | 28,969 | |
5% 7/1/25 | 20,000 | 23,858 | |
5% 7/1/26 | 20,000 | 24,497 | |
Series 2019 A: | |||
5% 7/1/20 | 450,000 | 455,598 | |
5% 7/1/21 | 200,000 | 209,952 | |
5% 7/1/22 | 450,000 | 488,709 | |
5% 7/1/24 | 155,000 | 179,039 | |
Massachusetts Edl. Fing. Auth. Rev.: | |||
Series 2011 J, 5.125% 7/1/22 (b) | 2,080,000 | 2,190,614 | |
Series 2015 A, 5% 1/1/22 (b) | 600,000 | 643,026 | |
Series 2016 J: | |||
5% 7/1/21 (b) | 1,465,000 | 1,542,499 | |
5% 7/1/22 (b) | 1,475,000 | 1,607,573 | |
5% 7/1/23 (b) | 725,000 | 816,343 | |
Series 2016, 4% 7/1/20 (b) | 1,950,000 | 1,969,522 | |
Series 2017 A, 4% 7/1/20 (b) | 95,000 | 95,951 | |
Massachusetts Gen. Oblig. Bonds Series 2014 D1, 1.05%, tender 7/1/20 (a) | 700,000 | 700,362 | |
Massachusetts Health & Edl. Facilities Auth. Rev. (Partners Healthcare Sys., Inc. Proj.) Series 2007 G2, 1.07%, tender 3/6/20 (FSA Insured) (a) | 3,930,000 | 3,930,000 | |
Massachusetts Hsg. Fin. Agcy. Hsg. Rev.: | |||
Bonds Series 2017, 1.5%, tender 7/1/20 (a) | 340,000 | 340,149 | |
Series 2013 163, 2.5% 6/1/20 (b) | 1,235,000 | 1,239,316 | |
Massachusetts Port Auth. Rev.: | |||
Series 2017 A: | |||
5% 7/1/24 (b) | 65,000 | 76,097 | |
5% 7/1/25 (b) | 25,000 | 30,153 | |
Series 2019 A, 5% 7/1/20 (b) | 2,250,000 | 2,280,092 | |
TOTAL MASSACHUSETTS | 26,994,986 | ||
Michigan - 1.6% | |||
Clarkston Cmnty. Schools: | |||
Series 2016 I, 4% 5/1/20 | 90,000 | 90,454 | |
5% 5/1/22 | 35,000 | 38,081 | |
Detroit Downtown Dev. Auth. Tax: | |||
Series 1, 5% 7/1/22 (FSA Insured) | 500,000 | 543,370 | |
Series A, 5% 7/1/25 (FSA Insured) | 550,000 | 635,212 | |
Detroit Swr. Disp. Rev. Series 2006 D, 3 month U.S. LIBOR + 0.600% 1.879% 7/1/32 (a)(c) | 90,000 | 88,651 | |
Ferris State Univ. Rev. Series 2016, 5% 10/1/20 | 140,000 | 143,332 | |
Grand Blanc Cmnty. Schools Series 2013: | |||
5% 5/1/21 | 45,000 | 47,153 | |
5% 5/1/22 | 40,000 | 43,512 | |
Grand Rapids Pub. Schools 5% 5/1/23 (FSA Insured) | 30,000 | 33,804 | |
Huron Valley School District Series 2011: | |||
5% 5/1/21 | 685,000 | 717,359 | |
5% 5/1/22 | 450,000 | 471,636 | |
Kalamazoo Hosp. Fin. Auth. Hosp. Facilities Rev. Series 2016: | |||
5% 5/15/22 | 20,000 | 21,755 | |
5% 5/15/24 | 10,000 | 11,600 | |
5% 5/15/25 | 15,000 | 17,920 | |
5% 5/15/26 | 15,000 | 18,414 | |
Kent Hosp. Fin. Auth. Hosp. Facilities Rev. (Spectrum Health Sys. Proj.) Series 2011 A, 5% 11/15/20 | 165,000 | 169,684 | |
Lapeer Cmnty. Schools Series 2016, 4% 5/1/20 | 310,000 | 311,509 | |
Michigan Bldg. Auth. Rev.: | |||
(Facilities Prog.) Series 2016 I: | |||
5% 4/15/22 | 455,000 | 494,940 | |
5% 4/15/24 | 30,000 | 35,076 | |
Series I: | |||
5% 4/15/20 | 1,850,000 | 1,858,979 | |
5% 10/15/20 | 2,000,000 | 2,051,300 | |
Michigan Fin. Auth. Rev.: | |||
(Detroit Wtr. and Sewage Dept. Wtr. Supply Sys. Rev. Rfdg. Local Proj.): | |||
Series 2014 C3, 5% 7/1/22 (FSA Insured) | 1,155,000 | 1,264,702 | |
Series 2014 D1, 5% 7/1/22 (FSA Insured) | 2,845,000 | 3,115,218 | |
(Mclaren Health Care Corp. Proj.) 5% 5/15/21 | 145,000 | 152,077 | |
Bonds: | |||
Series 2013 M1, 1.16%, tender 3/2/20 (a) | 7,500,000 | 7,500,000 | |
Series 2016 MI2, SIFMA Municipal Swap Index + 0.480% 1.63%, tender 2/1/22 (a)(c) | 5,000,000 | 5,005,200 | |
Series 2019 B, 3.5%, tender 11/15/22 (a) | 5,750,000 | 6,106,615 | |
Series 2019 MI2, 5%, tender 2/1/25 (a) | 1,605,000 | 1,902,390 | |
Series 2015 A: | |||
5% 8/1/22 | 1,050,000 | 1,152,197 | |
5% 8/1/23 | 85,000 | 96,676 | |
Series 2015 MI, 5% 12/1/22 | 300,000 | 334,134 | |
Michigan Gen. Oblig. Series 2016: | |||
5% 3/15/21 | 20,000 | 20,858 | |
5% 3/15/22 | 50,000 | 54,186 | |
5% 3/15/23 | 85,000 | 95,540 | |
Michigan Hosp. Fin. Auth. Rev.: | |||
Bonds: | |||
(Ascension Health Cr. Group Proj.) Series F5, 2.4%, tender 3/15/23 (a) | 80,000 | 83,142 | |
Series 2005 A, 1.5%, tender 5/1/20 (a) | 305,000 | 305,282 | |
Series 2005 A4, 5% 11/1/21 | 3,805,000 | 4,062,256 | |
Series 2008 C: | |||
5% 12/1/20 | 500,000 | 515,283 | |
5% 12/1/21 | 500,000 | 535,125 | |
Michigan Strategic Fund Ltd. Oblig. Rev.: | |||
Bonds: | |||
Series 2008 ET2, 1.45%, tender 9/1/21 (a) | 2,700,000 | 2,707,560 | |
Series CC, 1.45%, tender 9/1/21 (a) | 155,000 | 155,434 | |
Series 2019, 4% 11/15/22 | 730,000 | 770,150 | |
Milan Area Schools Series 2019, 5% 5/1/20 | 760,000 | 764,832 | |
Novi Cmnty. School District Series I, 4% 5/1/23 (e) | 550,000 | 603,906 | |
Oakland Univ. Rev. Series 2016, 5% 3/1/22 | 385,000 | 416,466 | |
Portage Pub. Schools Series 2016: | |||
5% 5/1/23 | 45,000 | 50,661 | |
5% 11/1/23 | 30,000 | 34,359 | |
5% 5/1/24 | 40,000 | 46,589 | |
5% 11/1/24 | 45,000 | 53,284 | |
5% 5/1/25 | 25,000 | 30,082 | |
5% 11/1/25 | 25,000 | 30,553 | |
5% 11/1/26 | 25,000 | 30,972 | |
5% 11/1/28 | 20,000 | 24,712 | |
Royal Oak City School District Series 2018: | |||
5% 5/1/21 | 250,000 | 262,198 | |
5% 5/1/22 | 440,000 | 478,333 | |
Royal Oak Hosp. Fin. Auth. Hosp. Rev. Series 2014 D: | |||
5% 9/1/21 | 35,000 | 37,136 | |
5% 9/1/23 | 10,000 | 11,407 | |
Saginaw Hosp. Fin. Auth. Hosp. Rev. Series 2020 J: | |||
5% 7/1/21 (e) | 285,000 | 299,638 | |
5% 7/1/22 (e) | 455,000 | 496,719 | |
5% 7/1/23 (e) | 250,000 | 282,898 | |
Spring Lake Pub. Schools 5% 5/1/21 | 90,000 | 94,306 | |
Wayne County Arpt. Auth. Rev.: | |||
Series 2011 A: | |||
4.125% 12/1/22 (FSA Insured) (b) | 530,000 | 558,943 | |
5% 12/1/21 (b) | 2,000,000 | 2,140,860 | |
Series 2012 B: | |||
5% 12/1/20 (b) | 300,000 | 309,056 | |
5% 12/1/22 (b) | 485,000 | 537,244 | |
Series 2017 A, 5% 12/1/20 | 155,000 | 159,738 | |
Series 2017 B: | |||
5% 12/1/20 (b) | 355,000 | 365,716 | |
5% 12/1/21 (b) | 300,000 | 321,129 | |
Zeeland Pub. Schools Series 2015, 5% 5/1/21 | 445,000 | 465,701 | |
TOTAL MICHIGAN | 52,685,204 | ||
Minnesota - 0.7% | |||
Apple Valley Sr. Living Series 2016 B: | |||
4% 1/1/21 | 150,000 | 148,135 | |
4% 1/1/22 | 155,000 | 150,660 | |
Maple Grove Health Care Sys. Rev. Series 2017: | |||
4% 5/1/20 | 890,000 | 894,086 | |
4% 5/1/21 | 110,000 | 113,656 | |
4% 5/1/22 | 110,000 | 116,675 | |
5% 5/1/23 | 110,000 | 123,105 | |
Minneapolis & Saint Paul Metropolitan Arpts. Commission Arpt. Rev.: | |||
Series 2014 A: | |||
5% 1/1/22 | 20,000 | 21,510 | |
5% 1/1/23 | 20,000 | 22,344 | |
Series 2014 B: | |||
5% 1/1/21 (b) | 50,000 | 51,674 | |
5% 1/1/22 (b) | 45,000 | 48,311 | |
5% 1/1/23 (b) | 20,000 | 22,195 | |
Series 2019 B: | |||
5% 1/1/21 (b) | 8,000,000 | 8,267,765 | |
5% 1/1/22 (b) | 3,000,000 | 3,220,740 | |
Minneapolis Multi-family Rev. Bonds Series 2019, 1.55%, tender 11/1/21 (a) | 4,050,000 | 4,075,313 | |
Minnesota Hsg. Fin. Agcy. Bonds Series 2018 D, SIFMA Municipal Swap Index + 0.430% 1.58%, tender 7/3/23 (a)(c) | 3,000,000 | 3,001,770 | |
Minnesota Rural Wtr. Fin. Auth. Series 2020, 1% 8/1/21 | 2,000,000 | 2,001,800 | |
Moorhead Edl. Facilities Rev. (The Concordia College Corp. Proj.) Series 2016, 5% 12/1/25 | 65,000 | 74,579 | |
Northern Muni. Pwr. Agcy. Elec. Sys. Rev. Series 2017: | |||
5% 1/1/22 | 25,000 | 26,878 | |
5% 1/1/23 | 25,000 | 27,826 | |
5% 1/1/24 | 35,000 | 40,270 | |
Rochester Health Care Facilities Rev. Bonds (Mayo Foundation Proj.) Series C, 4.5%, tender 11/15/21 (a) | 775,000 | 822,500 | |
Roseville Independent School District #623 Series 2018A, 5% 2/1/21 | 1,715,000 | 1,779,286 | |
Western Minnesota Muni. Pwr. Agcy. Pwr. Supply Rev. Series 2014 A: | |||
5% 1/1/22 | 20,000 | 21,513 | |
5% 1/1/23 | 35,000 | 39,071 | |
5% 1/1/24 | 20,000 | 23,134 | |
TOTAL MINNESOTA | 25,134,796 | ||
Mississippi - 0.2% | |||
Mississippi Hosp. Equip. & Facilities Auth.: | |||
(Forrest County Gen. Hosp. Rfdg. Proj.) Series 2019 B, 5% 1/1/22 | 350,000 | 374,626 | |
Bonds (Baptist Memorial Health Care Proj.) Series 2004 B2, 1.35%, tender 3/2/20 (a) | 6,000,000 | 6,000,000 | |
Series I, 5% 10/1/22 | 420,000 | 463,785 | |
TOTAL MISSISSIPPI | 6,838,411 | ||
Missouri - 0.3% | |||
Cape Girardeau County Indl. Dev. Auth. (Southeast Hosp. Proj.) Series 2017 A: | |||
5% 3/1/20 | 5,000 | 5,000 | |
5% 3/1/21 | 10,000 | 10,335 | |
5% 3/1/22 | 15,000 | 15,995 | |
5% 3/1/23 | 20,000 | 21,937 | |
5% 3/1/24 | 15,000 | 16,908 | |
5% 3/1/25 | 15,000 | 17,366 | |
5% 3/1/26 | 20,000 | 23,705 | |
Kansas City Santn Swr. Sys. R Series 2018 A, 4% 1/1/21 | 350,000 | 359,337 | |
Missouri Health & Edl. Facilities Rev.: | |||
Series 2016, 5% 5/15/20 | 200,000 | 201,591 | |
Series 2019 A, 5% 2/15/21 | 775,000 | 805,741 | |
Missouri Hsg. Dev. Commission Single Family Mtg. Rev. Series 2019, 4% 5/1/50 | 65,000 | 72,706 | |
Missouri State Pub. Util. Commn Rev. Series 2019, 1.5% 3/1/21 | 4,000,000 | 4,008,852 | |
Saint Louis Arpt. Rev.: | |||
Series 2017 A, 5% 7/1/23 (FSA Insured) | 1,080,000 | 1,229,375 | |
Series 2019 B: | |||
5% 7/1/21 (b) | 350,000 | 368,893 | |
5% 7/1/22 (b) | 365,000 | 398,248 | |
5% 7/1/23 (b) | 385,000 | 434,449 | |
5% 7/1/24 (b) | 400,000 | 465,888 | |
5% 7/1/25 (b) | 420,000 | 504,147 | |
Series 2019 C, 5% 7/1/25 | 660,000 | 801,379 | |
Saint Louis Muni. Fin. Corp. Leasehold Rev. Series 2017 B, 4% 6/1/21 (FSA Insured) | 320,000 | 332,205 | |
St Louis County Libr District Ctfs. Series 2013, 5% 4/1/20 | 1,545,000 | 1,550,036 | |
TOTAL MISSOURI | 11,644,093 | ||
Montana - 0.1% | |||
Montana Board Hsg. Single Family: | |||
Series 2019 B, 4% 6/1/50 | 30,000 | 34,267 | |
Series A1, 3.5% 6/1/50 | 485,000 | 535,765 | |
Montana Board of Invt.: | |||
(Intercap Revolving Prog.) Series 2017, 1.87%, tender 3/2/20 (a) | 1,425,000 | 1,425,000 | |
Series 2007, 1.87%, tender 3/2/20 (a) | 1,520,000 | 1,520,000 | |
Montana Facility Fin. Auth. Rev. Series 2016, 5% 2/15/21 | 550,000 | 571,013 | |
TOTAL MONTANA | 4,086,045 | ||
Nebraska - 0.2% | |||
Central Plains Energy Proj. Gas Supply: | |||
Bonds Series 2019, 4%, tender 8/1/25 (a) | 1,170,000 | 1,347,934 | |
Series 2019: | |||
4% 8/1/20 | 2,000,000 | 2,025,618 | |
4% 2/1/21 | 900,000 | 925,087 | |
4% 8/1/21 | 1,500,000 | 1,564,635 | |
4% 2/1/22 | 975,000 | 1,031,404 | |
4% 8/1/23 | 580,000 | 638,389 | |
Nebraska Invt. Fin. Auth. Single Family Hsg. Rev. Series 2019 B, 4% 9/1/49 (b) | 170,000 | 187,714 | |
TOTAL NEBRASKA | 7,720,781 | ||
Nevada - 1.7% | |||
Clark County Arpt. Rev.: | |||
(Sub Lien Proj.) Series 2017 A-1: | |||
5% 7/1/20 (b) | 1,355,000 | 1,373,348 | |
5% 7/1/21 (b) | 1,825,000 | 1,922,273 | |
5% 7/1/22 (b) | 85,000 | 92,763 | |
Series 2013 A, 5% 7/1/20 (b) | 500,000 | 506,771 | |
Series 2014 A, 5% 7/1/20 (b) | 1,000,000 | 1,013,541 | |
Series 2017 C, 5% 7/1/21 (b) | 9,850,000 | 10,375,005 | |
Series 2019 D: | |||
5% 7/1/21 | 5,800,000 | 6,119,464 | |
5% 7/1/22 | 10,000,000 | 10,949,800 | |
Clark County Poll. Cont. Rev. Bonds (Nevada Pwr. Co. Projs.) Series 2017, 1.6%, tender 5/21/20 (a) | 1,060,000 | 1,061,296 | |
Clark County School District: | |||
Series 2012 A, 5% 6/15/21 | 560,000 | 589,518 | |
Series 2015 B, 5% 6/15/20 | 500,000 | 505,881 | |
Series 2015 D, 5% 6/15/20 | 210,000 | 212,470 | |
Series 2016 A: | |||
5% 6/15/21 | 35,000 | 36,845 | |
5% 6/15/23 | 730,000 | 827,601 | |
Series 2017 A, 5% 6/15/22 | 2,000,000 | 2,186,840 | |
Series 2017 C: | |||
5% 6/15/20 | 925,000 | 935,880 | |
5% 6/15/22 | 300,000 | 328,026 | |
Series 2017 D, 5% 6/15/20 | 230,000 | 232,705 | |
Las Vegas New Convention & Visitors Auth. Rev. Series 2019 B, 4% 7/1/20 | 350,000 | 353,620 | |
Nevada Dept. of Bus. & Industry Bonds (Republic Svcs., Inc. Proj.) Series 2001, 1.47%, tender 6/1/20 (a)(b)(d) | 3,100,000 | 3,102,158 | |
Nevada Gen. Oblig. Series 2013 D1, 5% 3/1/24 | 60,000 | 67,403 | |
Nevada Hsg. Division Bonds Series 2020, 1.19%, tender 4/1/21 (a) | 5,000,000 | 5,005,350 | |
Washoe County Gas & Wtr. Facilities Bonds (Sierra Pacific Pwr. Co. Proj.) Series 2016 B, 3%, tender 6/1/22 (a) | 115,000 | 119,885 | |
Washoe County Gas Facilities Rev. Bonds: | |||
Series 2016 F, 2.05%, tender 4/15/22 (a)(b) | 7,900,000 | 8,021,818 | |
Series 2016, 2.05%, tender 4/15/22 (a)(b) | 1,210,000 | 1,228,658 | |
TOTAL NEVADA | 57,168,919 | ||
New Hampshire - 0.1% | |||
Nat'l. Fin. Auth. Solid Bonds (Waste Mgmt., Inc. Proj.) Series 2019 A2, 2.15%, tender 7/1/24 (a)(b) | 555,000 | 574,641 | |
New Hampshire Bus. Fin. Auth. Wtr. Facility (Pennichuck Wtr. Works, Inc. Proj.) Series 2014 A, 5% 1/1/24 (b) | 260,000 | 292,565 | |
New Hampshire Health & Ed. Facilities Auth. Rev.: | |||
(Southern NH Med. Ctr. Proj.) Series 2016, 3% 10/1/21 | 225,000 | 231,239 | |
(Wentworth-Douglas Hosp. Proj.) Series 2011 A, 6% 1/1/34 (Pre-Refunded to 1/1/21 @ 100) | 2,710,000 | 2,825,067 | |
Series 2012: | |||
4% 7/1/20 | 60,000 | 60,543 | |
4% 7/1/21 | 35,000 | 36,292 | |
Series 2016: | |||
3% 10/1/20 | 280,000 | 282,859 | |
5% 10/1/21 | 25,000 | 26,496 | |
5% 10/1/23 | 425,000 | 481,682 | |
TOTAL NEW HAMPSHIRE | 4,811,384 | ||
New Jersey - 3.2% | |||
Camden County Impt. Auth. Health Care Redev. Rev. Series 2014 A: | |||
5% 2/15/21 | 55,000 | 57,000 | |
5% 2/15/22 | 55,000 | 59,084 | |
5% 2/15/23 | 70,000 | 77,772 | |
Garden State Preservation Trust Open Space & Farmland Preservation Series B, 0% 11/1/22 (FSA Insured) | 580,000 | 563,766 | |
Hudson County Impt. Auth. Rev. Series 2019 A, 3% 3/6/20 | 1,000,000 | 1,000,233 | |
New Jersey Econ. Dev. Auth. Motor Vehicle Rev. Series A, 5% 7/1/23 | 250,000 | 282,110 | |
New Jersey Econ. Dev. Auth. Rev.: | |||
(New Jersey Transit Corp. Proj.) Series 2017 B, 5% 11/1/22 | 1,800,000 | 1,980,594 | |
(Provident Montclair Proj.) Series 2017: | |||
4% 6/1/22 (FSA Insured) | 20,000 | 21,241 | |
5% 6/1/23 (FSA Insured) | 25,000 | 28,022 | |
5% 6/1/24 (FSA Insured) | 20,000 | 23,142 | |
Series 2011 EE, 5% 9/1/20 | 30,000 | 30,596 | |
Series 2012 II: | |||
5% 3/1/21 (Escrowed to Maturity) | 150,000 | 156,258 | |
5% 3/1/22 | 135,000 | 145,197 | |
5% 3/1/23 | 525,000 | 564,627 | |
Series 2013, 5% 3/1/23 | 3,895,000 | 4,333,889 | |
Series 2015 XX, 5% 6/15/21 | 500,000 | 524,510 | |
Series 2016 BBB, 5% 6/15/21 | 1,090,000 | 1,143,432 | |
Series 2017 B, 5% 11/1/20 | 4,180,000 | 4,290,969 | |
Series 2017 DDD, 5% 6/15/22 | 220,000 | 238,984 | |
Series PP, 5% 6/15/20 | 50,000 | 50,569 | |
New Jersey Edl. Facility: | |||
( William Paterson College Proj.) Series 2017 B, 5% 7/1/20 | 123,000 | 124,666 | |
Series 2014: | |||
5% 6/15/20 | 240,000 | 242,733 | |
5% 6/15/21 | 240,000 | 251,765 | |
Series 2016 A: | |||
5% 7/1/21 | 50,000 | 52,488 | |
5% 7/1/22 | 140,000 | 152,347 | |
5% 7/1/23 | 75,000 | 84,397 | |
5% 7/1/24 | 175,000 | 203,343 | |
Series 2016 E, 5% 7/1/22 | 625,000 | 681,325 | |
New Jersey Health Care Facilities Fing. Auth. Rev.: | |||
Series 2016 A: | |||
5% 7/1/21 | 5,000 | 5,245 | |
5% 7/1/22 | 5,000 | 5,433 | |
5% 7/1/23 | 15,000 | 16,806 | |
5% 7/1/24 | 25,000 | 29,326 | |
5% 7/1/24 | 20,000 | 23,047 | |
5% 7/1/24 | 10,000 | 11,524 | |
5% 7/1/25 | 10,000 | 11,833 | |
5% 7/1/26 | 5,000 | 6,057 | |
5% 7/1/27 | 5,000 | 6,047 | |
Series 2016: | |||
4% 7/1/20 | 425,000 | 428,648 | |
5% 7/1/21 | 220,000 | 230,439 | |
New Jersey Higher Ed. Student Assistance Auth. Student Ln. Rev.: | |||
Series 2011 1, 5% 12/1/20 (b) | 3,520,000 | 3,625,720 | |
Series 2012 1A, 5% 12/1/20 (b) | 2,000,000 | 2,060,068 | |
Series 2013: | |||
4% 12/1/20 (b) | 1,055,000 | 1,078,881 | |
5% 12/1/21 (b) | 1,500,000 | 1,602,975 | |
Series 2015 1A: | |||
5% 12/1/21 (b) | 4,500,000 | 4,808,925 | |
5% 12/1/22 (b) | 200,000 | 221,084 | |
Series 2015 A, 5% 12/1/20 (b) | 1,700,000 | 1,751,058 | |
Series 2017 1A: | |||
5% 12/1/22 (b) | 215,000 | 237,665 | |
5% 12/1/23 (b) | 45,000 | 51,345 | |
Series 2017 1B: | |||
5% 12/1/20 (b) | 1,665,000 | 1,715,007 | |
5% 12/1/21 (b) | 190,000 | 203,044 | |
Series 2018 B: | |||
5% 12/1/20 (b) | 4,475,000 | 4,609,402 | |
5% 12/1/21 (b) | 835,000 | 892,323 | |
Series 2019 A: | |||
5% 12/1/20 | 1,150,000 | 1,185,501 | |
5% 12/1/22 | 245,000 | 272,168 | |
5% 12/1/23 | 80,000 | 91,916 | |
5% 12/1/24 | 45,000 | 53,360 | |
New Jersey Hsg. & Mtg. Fin. Agcy.: | |||
(Spruce Spires Proj.) Bonds Series 2018 B, 2.02%, tender 8/1/20 (a) | 5,000,000 | 5,019,815 | |
Bonds Series 2019 C, 1.58%, tender 6/1/20 (a) | 1,500,000 | 1,501,813 | |
New Jersey Hsg. & Mtg. Fin. Agcy. Multi-family Rev. Series 2017 B, 1.75% 11/1/20 | 1,800,000 | 1,808,746 | |
New Jersey Hsg. & Mtg. Fin. Agcy. Rev.: | |||
Series 2018 B: | |||
2.25% 10/1/20 (b) | 4,545,000 | 4,569,489 | |
2.5% 4/1/21 (b) | 4,330,000 | 4,377,976 | |
Series 2019 D: | |||
4% 4/1/20 (b) | 110,000 | 110,238 | |
4% 10/1/22 (b) | 1,340,000 | 1,424,058 | |
4% 4/1/23 (b) | 115,000 | 123,397 | |
4% 10/1/23 (b) | 125,000 | 135,565 | |
4% 4/1/25 (b) | 150,000 | 167,774 | |
New Jersey Sports & Exposition Auth. Contract Rev. Series 2018 A, 5% 9/1/20 | 1,000,000 | 1,017,576 | |
New Jersey Tobacco Settlement Fing. Corp. Series 2018 A: | |||
5% 6/1/20 | 3,275,000 | 3,306,434 | |
5% 6/1/21 | 1,985,000 | 2,080,816 | |
5% 6/1/22 | 2,330,000 | 2,529,728 | |
New Jersey Tpk. Auth. Tpk. Rev.: | |||
Bonds Series 2017 C5, 1 month U.S. LIBOR + 0.460% 1.618%, tender 3/2/20 (a)(c) | 5,905,000 | 5,911,196 | |
Series 2017 C1, 1 month U.S. LIBOR + 0.340% 1.498% 1/1/21 (a)(c) | 195,000 | 195,336 | |
New Jersey Trans. Trust Fund Auth.: | |||
Series 1999 A, 5.75% 6/15/20 | 35,000 | 35,473 | |
Series 2006 A, 5.25% 12/15/20 | 275,000 | 284,181 | |
Series 2006, 5.25% 12/15/21 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 165,000 | 176,934 | |
Series 2011 B, 5.25% 6/15/22 (Pre-Refunded to 6/15/21 @ 100) | 345,000 | 364,651 | |
Series 2013 A, 5% 6/15/20 | 395,000 | 399,498 | |
Series 2013 AA, 5% 6/15/23 | 500,000 | 561,655 | |
Series 2016 A: | |||
5% 6/15/20 | 11,185,000 | 11,310,094 | |
5% 6/15/21 | 1,700,000 | 1,785,799 | |
5% 6/15/22 | 1,700,000 | 1,846,693 | |
5% 6/15/27 | 90,000 | 108,908 | |
Series 2016 A-2, 5% 6/15/23 | 630,000 | 706,602 | |
Series 2018 A: | |||
4% 6/15/20 | 1,160,000 | 1,169,704 | |
5% 6/15/21 | 3,995,000 | 4,196,628 | |
5% 6/15/22 | 4,175,000 | 4,535,261 | |
Series A: | |||
5% 12/15/24 | 210,000 | 246,317 | |
5% 12/15/25 | 200,000 | 240,226 | |
Series AA, 5% 6/15/20 | 375,000 | 379,270 | |
New Jersey Transit Corp. Ctfs. of Prtn. Series 2014 A, 5% 9/15/21 | 480,000 | 509,064 | |
Rutgers State Univ. Rev. Series Q: | |||
5% 5/1/21 | 125,000 | 130,965 | |
5% 5/1/22 | 80,000 | 87,132 | |
5% 5/1/23 | 65,000 | 73,437 | |
TOTAL NEW JERSEY | 106,028,355 | ||
New Mexico - 0.3% | |||
Farmington Poll. Cont. Rev. Bonds: | |||
(Pub. Svc. Co. of New Mexico Proj.) Series 2010 A, 5.2%, tender 6/1/20 (a) | 220,000 | 222,131 | |
(Southern California Edison Co. Four Corners Proj.): | |||
Series 2005 A, 1.875%, tender 4/1/20 (a) | 1,010,000 | 1,010,529 | |
Series 2005 B, 1.875%, tender 4/1/20 (a) | 690,000 | 690,362 | |
Series 2011, 1.875%, tender 4/1/20 (a) | 135,000 | 135,071 | |
New Mexico Hosp. Equip. Ln. Council Rev. Bonds Series 2019 B, 5%, tender 8/1/25 (a) | 1,215,000 | 1,472,373 | |
New Mexico Mtg. Fin. Auth. Series 2019 C, 4% 1/1/50 | 535,000 | 595,915 | |
New Mexico Muni. Energy Acquisition Auth. Gas Supply Rev.: | |||
Bonds Series 2019 A, 5%, tender 5/1/25 (Liquidity Facility Royal Bank of Canada) (a) | 1,000,000 | 1,195,900 | |
Series 2019 A: | |||
4% 5/1/22 (Liquidity Facility Royal Bank of Canada) | 140,000 | 149,146 | |
4% 5/1/23 (Liquidity Facility Royal Bank of Canada) | 580,000 | 634,184 | |
4% 11/1/23 (Liquidity Facility Royal Bank of Canada) | 245,000 | 271,433 | |
4% 11/1/24 (Liquidity Facility Royal Bank of Canada) | 250,000 | 283,553 | |
4% 5/1/25 (Liquidity Facility Royal Bank of Canada) | 960,000 | 1,100,256 | |
New Mexico Severance Tax Rev. Series 2015 B, 5% 7/1/21 | 1,495,000 | 1,578,361 | |
TOTAL NEW MEXICO | 9,339,214 | ||
New York - 2.3% | |||
Albany County Arpt. Auth. Arpt. Rev. Series 2020 B, 5% 12/15/21(b)(e) | 500,000 | 533,720 | |
Dorm. Auth. New York Univ. Rev.: | |||
Series 2016 A: | |||
5% 7/1/22 | 10,000 | 10,933 | |
5% 7/1/24 | 40,000 | 46,681 | |
Series 2017, 4% 12/1/20 (d) | 200,000 | 204,316 | |
Long Island Pwr. Auth. Elec. Sys. Rev. Bonds Series 2019 B, 1.65%, tender 9/1/24 (a) | 800,000 | 816,760 | |
New York City Gen. Oblig.: | |||
Series 2006, 1.18%, tender 6/1/36 (FSA Insured) (a) | 7,475,000 | 7,475,000 | |
Series 2007 C-4, 1.25%, tender 1/1/32 (FSA Insured) (a) | 225,000 | 225,000 | |
Series 2007, 1.09%, tender 3/6/20 (FSA Insured) (a) | 4,200,000 | 4,200,000 | |
Series 2008 A-3, 1.18%, tender 8/1/26 (FSA Insured) (a) | 3,775,000 | 3,775,000 | |
Series 2008 C-4, 1.25%, tender 10/1/27 (a) | 12,125,000 | 12,125,000 | |
Series C, 5% 8/1/23 | 5,000,000 | 5,706,800 | |
New York City Hsg. Dev. Corp.: | |||
Bonds: | |||
Series 2016 C2, 1.45%, tender 4/29/20 (a) | 895,000 | 895,189 | |
Series 2017 G-2, 2%, tender 12/31/21 (a) | 2,630,000 | 2,640,652 | |
Series 2017 A2A, 1.9% 5/1/21 | 615,000 | 615,444 | |
New York Dorm. Auth. Rev. Bonds Series 2019 B1, 5%, tender 5/1/22 (a) | 675,000 | 721,150 | |
New York Metropolitan Trans. Auth. Dedicated Tax Fund Rev. Bonds Series 2008 A, SIFMA Municipal Swap Index + 0.450% 1.6%, tender 6/1/22 (a)(c) | 1,395,000 | 1,399,729 | |
New York Metropolitan Trans. Auth. Rev.: | |||
Bonds: | |||
Series 2011 B, 1 month U.S. LIBOR + 0.550% 1.659%, tender 11/1/22 (a)(c) | 1,745,000 | 1,737,462 | |
Series 2018 A, 5%, tender 11/15/20 (a) | 3,000,000 | 3,082,383 | |
Series 2008 B2, 5% 11/15/21 | 110,000 | 117,610 | |
Series 2012 B, 5% 11/15/22 | 45,000 | 49,910 | |
Series 2012 E, 5% 11/15/21 | 55,000 | 58,805 | |
Series 2012 F: | |||
5% 11/15/21 | 765,000 | 817,655 | |
5% 11/15/22 | 1,000,000 | 1,109,120 | |
Series 2014 C, 5% 11/15/21 | 60,000 | 64,151 | |
Series 2016 B, 5% 11/15/21 | 50,000 | 53,459 | |
Series 2020 A, 4% 2/1/22 | 8,000,000 | 8,453,120 | |
New York St Mtg. Agcy. Homeowner: | |||
Series 198, 1.65% 10/1/21 (b) | 2,245,000 | 2,265,340 | |
Series 2014 189, 2.5% 10/1/21 (b) | 1,640,000 | 1,676,621 | |
New York State Energy Research & Dev. Auth. Poll. Cont. Rev. Series 1999, 1.75%, tender 3/6/20 (AMBAC Insured) (a) | 300,000 | 300,000 | |
New York State Hsg. Fin. Agcy. Rev. Bonds Series 2019 F: | |||
1.8%, tender 5/1/20 (a) | 590,000 | 590,378 | |
1.875%, tender 11/1/21 (a) | 2,500,000 | 2,503,250 | |
New York State Mtg. Agcy. Homeowner Mtg. Series 221, 3.5% 10/1/32 (b) | 75,000 | 81,896 | |
New York State Mtg. Agcy. Rev. Series 52, 1.8% 4/1/20 (b) | 1,885,000 | 1,886,220 | |
New York Trans. Dev. Corp. (Delta Air Lines, Inc. Laguardia Arpt. Terminals C&D Redev. Proj.) Series 2018, 5% 1/1/22 (b) | 1,500,000 | 1,601,625 | |
Niagara Frontier Trans. Auth. Arpt. Rev. Series 2019 A: | |||
5% 4/1/20 (b) | 1,500,000 | 1,504,686 | |
5% 4/1/22 (b) | 700,000 | 755,195 | |
5% 4/1/23 (b) | 2,575,000 | 2,869,735 | |
5% 4/1/24 (b) | 1,720,000 | 1,975,454 | |
Onondaga County Ind. Dev. Agcy. Swr. Facilities Rev. (Bristol-Meyers Squibb Co. Proj.) 5.75% 3/1/24 (b) | 570,000 | 669,095 | |
Yonkers Gen. Oblig. Series 2017 C, 5% 10/1/22 (Build America Mutual Assurance Insured) | 55,000 | 60,823 | |
TOTAL NEW YORK | 75,675,367 | ||
New York And New Jersey - 0.5% | |||
Port Auth. of New York & New Jersey: | |||
Series 188, 5% 5/1/21 (b) | 11,465,000 | 11,998,352 | |
Series 2018, 5% 9/15/22 (b) | 4,000,000 | 4,401,440 | |
TOTAL NEW YORK AND NEW JERSEY | 16,399,792 | ||
North Carolina - 1.2% | |||
Durham Hsg. Auth. MultiFamily Hsg. Rev. Bonds Series 2017, 1.3%, tender 10/1/20 | 1,000,000 | 1,001,664 | |
Montgomery County Pub. Facilities Corp. Ltd. Oblig. Series 2018, 3% 9/1/20 | 2,500,000 | 2,503,723 | |
New Hanover County Hosp. Rev. Series 2017, 5% 10/1/26 | 290,000 | 350,529 | |
North Carolina Cap. Facilities Fin. Agcy. Rev. Bonds (Republic Svcs., Inc. Proj.): | |||
Series 2010 B, 1.35%, tender 3/2/20 (a)(b) | 12,000,000 | 12,000,000 | |
Series 2013, 1.35%, tender 3/16/20 (a)(b) | 5,000,000 | 5,000,337 | |
North Carolina Eastern Muni. Pwr. Agcy. Pwr. Sys. Rev. Series 1993 B, 6% 1/1/22 (Escrowed to Maturity) | 1,750,000 | 1,914,763 | |
North Carolina Grant Anticipation Rev.: | |||
Series 2017: | |||
5% 3/1/22 | 80,000 | 86,588 | |
5% 3/1/23 | 80,000 | 89,820 | |
Series 2019, 5% 3/1/20 | 10,000,000 | 10,000,000 | |
North Carolina Hsg. Fin. Agcy. Home Ownership Rev. Series 43, 4% 7/1/50 | 2,800,000 | 3,159,464 | |
North Carolina Med. Care Commission Health Care Facilities Rev. Bonds Series 2019 B, 2.2%, tender 12/1/22 (a) | 1,420,000 | 1,448,528 | |
North Carolina Muni. Pwr. Agcy. #1 Catawba Elec. Rev. Series 2015 E: | |||
5% 1/1/22 | 110,000 | 118,240 | |
5% 1/1/23 | 35,000 | 38,997 | |
Raleigh Durham Arpt. Auth. Arpt. Rev.: | |||
Series 2015 B, 5% 5/1/22 (b) | 550,000 | 598,538 | |
Series 2017 A: | |||
5% 5/1/22 (b) | 400,000 | 435,300 | |
5% 5/1/23 (b) | 235,000 | 264,953 | |
TOTAL NORTH CAROLINA | 39,011,444 | ||
North Dakota - 0.1% | |||
North Dakota Hsg. Fin. Agcy. Bonds (Home Mtg. Fin. Prog.) Series 2019 B, SIFMA Municipal Swap Index + 0.400% 1.55%, tender 2/1/22 (a)(c) | 4,000,000 | 3,999,360 | |
Ohio - 1.7% | |||
Akron Bath Copley Hosp. District Rev.: | |||
Series 2012, 5% 11/15/20 | 325,000 | 334,366 | |
Series 2016, 5% 11/15/24 | 45,000 | 52,830 | |
Allen County Hosp. Facilities Rev.: | |||
Bonds: | |||
(Mercy Health Proj.) Series 2015 B, SIFMA Municipal Swap Index + 0.750% 1.9%, tender 3/5/20 (a)(c) | 4,430,000 | 4,432,292 | |
(Mercy Health) Series 2017 B, 5%, tender 5/5/22 (a) | 125,000 | 135,691 | |
Series 2010 B, 4.125% 9/1/20 | 500,000 | 507,662 | |
Series 2017 A: | |||
5% 8/1/21 | 780,000 | 823,493 | |
5% 8/1/22 | 300,000 | 328,293 | |
American Muni. Pwr., Inc. Rev. Bonds: | |||
(Combined Hydroelectric Proj.) Series 2018, 2.25%, tender 8/15/21 (a) | 3,000,000 | 3,028,530 | |
Series 2019 A, 2.3%, tender 2/15/22 (a) | 1,800,000 | 1,832,076 | |
Cleveland Arpt. Sys. Rev.: | |||
Series 2016 A, 5% 1/1/26 (FSA Insured) | 10,000 | 11,885 | |
Series 2019 B, 5% 1/1/21 (b) | 1,700,000 | 1,756,612 | |
5% 1/1/24 (FSA Insured) | 25,000 | 28,856 | |
5% 1/1/25 (FSA Insured) | 370,000 | 440,881 | |
Cleveland Pub. Pwr. Sys. Rev. Series 2016: | |||
5% 11/15/21 | 220,000 | 235,453 | |
5% 11/15/21 (FSA Insured) | 1,180,000 | 1,260,181 | |
Columbus Gen. Oblig. Series 2018 A, 5% 4/1/20 | 3,185,000 | 3,195,458 | |
Cuyahoga Metropolitan Hsg. Auth. Bonds: | |||
(Carver Park Phase II Proj.) Series 2018, 2.2%, tender 6/1/20 (a) | 4,175,000 | 4,186,954 | |
(Riverside Park Phase II Proj.) Series 2019, 2%, tender 4/1/21 (a) | 3,000,000 | 3,026,910 | |
Fairfield County Hosp. Facilities Rev. (Fairfield Med. Ctr. Proj.) Series 2013: | |||
5% 6/15/22 | 45,000 | 48,144 | |
5% 6/15/23 | 40,000 | 43,846 | |
Franklin County Hosp. Facilities Rev.: | |||
Bonds (Ohio Health Corp.) Series 2018 B, SIFMA Municipal Swap Index + 0.430% 1.58%, tender 11/15/21 (a)(c) | 3,800,000 | 3,806,156 | |
Series 2016 C, 5% 11/1/23 | 60,000 | 68,882 | |
Franklin County Multi-family Rev. Bonds Series 2017, 1.77%, tender 6/1/20 (a) | 175,000 | 175,066 | |
Franklin County Rev. Bonds Series 2013 OH, 1.05%, tender 5/1/20 (a) | 2,250,000 | 2,250,431 | |
Hamilton County Convention Facilities Auth. Rev. Series 2014, 5% 12/1/21 | 45,000 | 48,235 | |
Hamilton County HealthCare Facilities Rev.: | |||
(Christ Hosp., OH. Proj.) Series 2012, 5% 6/1/20 | 220,000 | 222,112 | |
Series 2012, 5% 6/1/21 | 400,000 | 419,476 | |
Lucas County Hosp. Rev. Series 2011 D, 4% 11/15/20 | 2,200,000 | 2,239,514 | |
Miami County Hosp. Facilities Rev. (Kettering Health Network Obligated Group Proj.) Series 2019: | |||
5% 8/1/24 | 620,000 | 727,266 | |
5% 8/1/25 | 310,000 | 374,852 | |
5% 8/1/26 | 535,000 | 663,742 | |
Ohio Gen. Oblig.: | |||
Series 2018, 5% 5/1/20 | 3,845,000 | 3,871,217 | |
Series 2019 A, 5% 5/1/20 | 5,000,000 | 5,033,928 | |
Ohio Higher Edl. Facility Commission Rev.: | |||
(Case Western Reserve Univ. Proj.) Series 2016, 5% 12/1/22 | 585,000 | 650,210 | |
(Kenyon College, Oh. Proj.) Series 2017, 4% 7/1/20 | 50,000 | 50,509 | |
Ohio Hosp. Facilities Rev. Series 2017 A: | |||
5% 1/1/21 | 60,000 | 62,069 | |
5% 1/1/22 | 35,000 | 37,662 | |
5% 1/1/23 | 45,000 | 50,260 | |
5% 1/1/24 | 40,000 | 46,300 | |
5% 1/1/25 | 45,000 | 53,833 | |
Ohio Hsg. Fin. Agcy. Multi-family Hsg. Rev.: | |||
Bonds (Brandt Meadows Apts. Proj.) Series 2019, 2%, tender 9/1/20 (a) | 3,700,000 | 3,715,095 | |
Series 2018, 2.4% 4/1/21 (a) | 3,820,000 | 3,824,097 | |
Ohio Hsg. Fin. Agcy. Residential Mtg. Rev. (Mtg. Backed Securities Prog.) Series 2019 B, 4.5% 3/1/50 | 45,000 | 51,318 | |
Ohio Spl. Oblig. Series 2020 A: | |||
5% 2/1/22 (e) | 185,000 | 199,593 | |
5% 2/1/23 (e) | 305,000 | 341,261 | |
Ross County Hosp. Facilities Rev. (Adena Health Sys. Obligated Group Proj.) Series 2019, 5% 12/1/20 | 375,000 | 386,234 | |
Scioto County Hosp. Facilities Rev.: | |||
Series 2016: | |||
5% 2/15/21 | 15,000 | 15,541 | |
5% 2/15/22 | 25,000 | 26,851 | |
5% 2/15/23 | 45,000 | 49,969 | |
5% 2/15/24 | 35,000 | 40,039 | |
5% 2/15/25 | 35,000 | 41,258 | |
5% 2/15/26 | 385,000 | 466,004 | |
Series 2019, 5% 2/15/29 | 1,000,000 | 1,163,920 | |
Univ. of Akron Gen. Receipts Series 2019 A: | |||
5% 1/1/24 | 300,000 | 345,414 | |
5% 1/1/25 | 400,000 | 475,172 | |
TOTAL OHIO | 57,703,899 | ||
Oklahoma - 0.2% | |||
Beckham Independent School District#6 Elk City Series 2019, 2% 7/1/21 | 1,405,000 | 1,418,263 | |
Canadian Cny Edl. Facilities Auth. (Yukon Pub. Schools Proj.) Series 2019, 5% 12/1/20 | 2,050,000 | 2,103,801 | |
Oklahoma County Fin. Auth. Edl. Facilities (Midwest City- Del City School Dis Proj.) Series 2018, 5% 10/1/21 | 240,000 | 255,341 | |
Oklahoma County Independent School District No. 53 Series 2017, 1.75% 7/1/20 | 265,000 | 265,386 | |
Oklahoma County Independent School District No. 9 Series 2018, 2.5% 6/1/21 | 1,535,000 | 1,558,608 | |
Oklahoma Dev. Fin. Auth. Rev.: | |||
(Oklahoma City Univ. Proj.) Series 2019, 5% 8/1/23 | 560,000 | 624,708 | |
Series 2004 A, 2.375% 12/1/21 (a) | 30,000 | 30,612 | |
Oklahoma Hsg. Fin. Agcy. Collateralized Bonds Series 2019, 1.6%, tender 7/1/22 | 185,000 | 186,117 | |
Tulsa County Indl. Auth. Edl. Facilities Lease Rev. Series 2018, 5% 9/1/20 | 1,500,000 | 1,530,196 | |
TOTAL OKLAHOMA | 7,973,032 | ||
Oregon - 0.1% | |||
Oregon Bus. Dev. Commission Bonds Series 250, 5%, tender 3/1/22 (a)(b) | 1,920,000 | 2,067,379 | |
Oregon Bus. Dev. Commn Recovery Zone Facility Bonds (Intel Corp. Proj.) Series 232, 2.4%, tender 8/14/23 (a) | 770,000 | 803,734 | |
Oregon Facilities Auth. Rev.: | |||
(Legacy Health Proj.) Series 2011 A, 5.25% 5/1/21 | 255,000 | 267,689 | |
Series 2011 C, 5% 10/1/20 | 110,000 | 112,579 | |
TOTAL OREGON | 3,251,381 | ||
Pennsylvania - 2.8% | |||
Adams County Indl. Dev. Auth. Rev. Series 2010, 5% 8/15/20 | 490,000 | 499,044 | |
Allegheny County Arpt. Auth. Rev.: | |||
Series 2001, 5% 1/1/21 (Escrowed to Maturity) (b) | 1,650,000 | 1,703,831 | |
Series 2006 B: | |||
5% 1/1/21 (Escrowed to Maturity) (b) | 690,000 | 712,511 | |
5% 1/1/22 (Escrowed to Maturity) (b) | 400,000 | 428,600 | |
Berks County Muni. Auth. Rev.: | |||
(Tower Health Proj.) Series 2020 A: | |||
5% 2/1/21 | 400,000 | 414,584 | |
5% 2/1/22 | 500,000 | 537,480 | |
Bonds (Tower Health Proj.) Series 2020 B1, 5%, tender 2/1/25 (a) | 255,000 | 303,595 | |
Bethlehem Area School District Auth. Bonds (School District Rfdg. Proj.) Series 2018 A, 1 month U.S. LIBOR + 0.480% 1.609%, tender 11/1/21 (a)(c) | 3,990,000 | 3,991,157 | |
Butler Area School District Series 2018, 5% 10/1/22 | 1,250,000 | 1,374,575 | |
Chester County Health & Ed. Auth. Rev. Series 2017: | |||
5% 11/1/20 | 155,000 | 157,346 | |
5% 11/1/21 | 160,000 | 165,853 | |
Chester County Health & Ed. Facilities Auth. Health Sys. Rev. Series C, 3% 9/1/23 | 245,000 | 263,262 | |
Coatesville Area School District Series 2017, 5% 8/1/23 (FSA Insured) | 350,000 | 393,176 | |
Commonwealth Fing. Auth. Rev.: | |||
Series 2019 B, 5% 6/1/24 | 265,000 | 308,789 | |
Series 2020 A, 5% 6/1/23 (e) | 350,000 | 394,450 | |
Commonwealth Fing. Auth. Tobacco Series 2018, 5% 6/1/21 | 1,000,000 | 1,049,080 | |
Cumberland County Muni. Auth. Rev. Bonds Series 2014 T1, 2%, tender 4/30/20 (a) | 325,000 | 325,081 | |
Delaware Valley Reg'l. Fin. Auth. Local Govt. Rev. Bonds SIFMA Municipal Swap Index + 0.420% 1.57%, tender 9/1/22 (a)(c) | 5,000,000 | 5,007,250 | |
Doylestown Hosp. Auth. Hosp. Rev. Series 2016 B, 5% 7/1/20 | 150,000 | 151,681 | |
Easton Area School District Series 2013 A, 5% 4/1/23 | 705,000 | 752,143 | |
Lehigh County Gen. Purp. Hosp. Rev. Series 2019 A, 5% 7/1/21 | 1,000,000 | 1,053,570 | |
Lehigh County Indl. Dev. Auth. Poll. Cont. Rev. Bonds: | |||
(PPL Elec. Utils. Corp. Proj.) Series 2016 A, 1.8%, tender 9/1/22 (a) | 730,000 | 739,840 | |
Series B, 1.8%, tender 8/15/22 (a) | 975,000 | 992,180 | |
Luzerne County Series 2015 B, 5% 5/15/20 (FSA Insured) | 600,000 | 604,760 | |
Montgomery County Higher Ed. & Health Auth. Rev.: | |||
Bonds Series 2017, 3%, tender 5/1/21 (a) | 1,250,000 | 1,268,738 | |
Series 2014 A: | |||
5% 10/1/20 | 30,000 | 30,615 | |
5% 10/1/23 | 5,000 | 5,590 | |
Series 2017: | |||
2% 12/1/20 | 145,000 | 145,566 | |
3% 12/1/21 | 155,000 | 158,935 | |
Series 2019, 5% 9/1/26 | 1,250,000 | 1,550,700 | |
Montgomery County Indl. Dev. Auth. Poll. Cont. Rev. Bonds: | |||
(Exelon Generation Co. LLC Proj.) Series 2015 A, 2.6%, tender 9/1/20 (a) | 1,090,000 | 1,098,850 | |
Series 1999 B, 2.7%, tender 4/1/20(a)(b) | 2,850,000 | 2,853,022 | |
Montgomery County Indl. Dev. Auth. Rev. (Meadowood Sr. Living Proj.) Series 2018 A, 3% 12/1/20 | 250,000 | 252,818 | |
New Kensington-Arnold School District Series 2019 A: | |||
4% 5/15/21 | 940,000 | 973,661 | |
4% 5/15/22 | 975,000 | 1,036,308 | |
Northeastern Hosp. & Ed. Auth. Series 2016 A: | |||
4% 3/1/20 | 160,000 | 160,000 | |
5% 3/1/21 | 110,000 | 113,299 | |
Octorara Area School District Chester and Lancaster Counties Series 2020, 4% 4/1/23 | 700,000 | 762,811 | |
Pennsylvania Ctfs. Prtn. Series 2018 A, 5% 7/1/20 | 300,000 | 303,772 | |
Pennsylvania Econ. Dev. Auth. Governmental Lease (Forum Place Proj.) Series 2012, 5% 3/1/20 | 45,000 | 45,000 | |
Pennsylvania Econ. Dev. Fing. Auth. Indl. Dev. Rev. (The Pennsylvania Rapid Bridge Replacement Proj.) Series 2015, 5% 12/31/20 (b) | 980,000 | 1,008,586 | |
Pennsylvania Econ. Dev. Fing. Auth. Solid Waste Disp. Rev. Bonds: | |||
(Republic Svcs., Inc. Proj.) Series 2019 B1, 1.2%, tender 4/15/20 (a)(b) | 2,500,000 | 2,500,491 | |
(Waste Mgmt., Inc. Proj.): | |||
Series 2009, 2.8%, tender 12/1/21 (a) | 600,000 | 619,050 | |
Series 2017 A, 1.7%, tender 8/3/20 (a)(b) | 70,000 | 70,150 | |
1.35%, tender 4/1/20 (a)(b) | 3,000,000 | 3,001,010 | |
Pennsylvania Gen. Oblig. Series 2016, 5% 1/15/22 | 290,000 | 312,690 | |
Pennsylvania Higher Edl. Facilities Auth. Rev.: | |||
Bonds: | |||
Series 2014 T3 and T4, 2.05%, tender 5/1/20 (a) | 1,700,000 | 1,701,860 | |
2.25%, tender 4/30/20 (a) | 1,000,000 | 1,001,390 | |
Series 2014: | |||
5% 12/1/21 | 5,000 | 5,367 | |
5% 12/1/22 | 20,000 | 22,281 | |
Pennsylvania Hsg. Fin. Agcy.: | |||
Bonds: | |||
Series 2018 127C, 1.699%, tender 10/1/23 (a) | 4,000,000 | 4,006,360 | |
Series 2019, 1.4%, tender 1/1/23 (a) | 4,500,000 | 4,536,225 | |
Series 2018 127A: | |||
2.05% 4/1/20 (b) | 910,000 | 910,537 | |
2.15% 10/1/20 (b) | 1,710,000 | 1,718,529 | |
2.25% 4/1/21 (b) | 1,900,000 | 1,919,665 | |
Pennsylvania Hsg. Fin. Agcy. Multifamily Hsg. Dev. Rev. Bonds Series 2018, 2.45%, tender 7/1/21 (a) | 2,000,000 | 2,037,100 | |
Pennsylvania Hsg. Fin. Agcy. Single Family Mtg. Rev. Series 114A, 2.9% 10/1/21 (b) | 585,000 | 600,228 | |
Pennsylvania Indl. Dev. Auth. Rev. Series 2012, 5% 7/1/21 | 335,000 | 353,268 | |
Pennsylvania Pub. School Bldg. Auth. School Rev. (The School District of Harrisburg Proj.) Series 2016 A, 5% 12/1/21 (FSA Insured) | 110,000 | 117,867 | |
Pennsylvania Tpk. Commission Tpk. Rev.: | |||
Series 2018 A1: | |||
SIFMA Municipal Swap Index + 0.350% 1.5% 12/1/20 (a)(c) | 2,800,000 | 2,801,799 | |
SIFMA Municipal Swap Index + 0.430% 1.58% 12/1/21 (a)(c) | 3,500,000 | 3,509,065 | |
Series 2018 B, SIFMA Municipal Swap Index + 0.500% 1.65% 12/1/21 (a)(c) | 3,460,000 | 3,467,162 | |
Philadelphia Arpt. Rev.: | |||
Series 2010 D, 5% 6/15/21 (b) | 490,000 | 495,581 | |
Series 2011 A, 5% 6/15/21 (b) | 225,000 | 236,563 | |
Series 2017 A, 5% 7/1/24 | 10,000 | 11,740 | |
Series 2017 B: | |||
5% 7/1/21 (b) | 1,300,000 | 1,369,108 | |
5% 7/1/22 (b) | 500,000 | 545,910 | |
5% 7/1/24 (b) | 55,000 | 64,060 | |
Philadelphia Auth. For Indl. Dev. (Rebuild Proj.) Series 2018, 5% 5/1/20 | 400,000 | 402,668 | |
Philadelphia Auth. Indl. Dev. Lease Rev. Series 2019, 5% 10/1/20 | 1,300,000 | 1,331,096 | |
Philadelphia Gas Works Rev.: | |||
Series 10, 5% 7/1/20 (FSA Insured) | 305,000 | 309,008 | |
Series 15, 5% 8/1/21 | 25,000 | 26,416 | |
Series 2015 13: | |||
5% 8/1/20 | 600,000 | 609,941 | |
5% 8/1/21 | 850,000 | 898,136 | |
Series 2016 14, 5% 10/1/20 | 1,145,000 | 1,171,648 | |
Series 2017 15: | |||
4% 8/1/20 | 130,000 | 131,622 | |
5% 8/1/22 | 480,000 | 526,238 | |
Philadelphia Gen. Oblig.: | |||
Series 2019 A, 5% 8/1/20 | 1,530,000 | 1,556,053 | |
Series 2019 B, 5% 2/1/21 | 1,500,000 | 1,555,947 | |
Philadelphia Hospitals & Higher Ed. Facilities Auth. Hosp. Rev. Series 2017, 5% 7/1/20 | 220,000 | 222,510 | |
Philadelphia School District Series 2019 A: | |||
5% 9/1/20 | 600,000 | 611,988 | |
5% 9/1/21 | 115,000 | 121,913 | |
5% 9/1/23 | 185,000 | 210,410 | |
Phoenixville Area School District Gen. Oblig. Series 2016 B, 4% 8/15/21 | 500,000 | 523,315 | |
Pittsburgh Urban Redev. Auth. Rev. Bonds (Crawford Square Apts. Proj.) Series 2018, 2.25%, tender 6/1/20 (a) | 1,500,000 | 1,500,778 | |
Pittsburgh Wtr. & Swr. Auth. Wtr. & Swr. Sys. Rev.: | |||
Bonds Series 2017 C, 1 month U.S. LIBOR + 0.640% 1.828%, tender 3/2/20 (FSA Insured) (a)(c) | 3,270,000 | 3,270,573 | |
Series 2019 A: | |||
5% 9/1/23 | 270,000 | 307,584 | |
5% 9/1/25 (FSA Insured) | 500,000 | 607,635 | |
5% 9/1/26 (FSA Insured) | 625,000 | 782,013 | |
Quakertown Gen. Auth. Health Facilities Series 2017 A, 3.125% 7/1/21 | 705,000 | 705,085 | |
Reading School District Series 2017: | |||
5% 3/1/21 (FSA Insured) | 50,000 | 51,933 | |
5% 3/1/25 (FSA Insured) | 5,000 | 5,918 | |
5% 3/1/26 (FSA Insured) | 5,000 | 6,085 | |
5% 3/1/27 (FSA Insured) | 5,000 | 6,241 | |
5% 3/1/28 (FSA Insured) | 5,000 | 6,246 | |
Scranton School District: | |||
Series 2017 A, 5% 6/1/20 | 135,000 | 136,181 | |
Series 2017 B, 5% 6/1/20 | 120,000 | 121,050 | |
Univ. of Pittsburgh Commonwealth Sys. of Higher Ed. Series 2018, SIFMA Municipal Swap Index + 0.240% 1.39% 9/15/21 (a)(c) | 4,500,000 | 4,506,660 | |
TOTAL PENNSYLVANIA | 94,250,056 | ||
Rhode Island - 0.1% | |||
Rhode Is Comm Corp. Spl. Facilities Rev. Series 2018, 5% 7/1/21 | 685,000 | 719,271 | |
Rhode Island Health & Edl. Bldg. Corp. Higher Ed. Facilities Rev. Series 2016: | |||
5% 5/15/20 | 1,515,000 | 1,526,556 | |
5% 5/15/22 | 45,000 | 48,702 | |
5% 5/15/23 | 25,000 | 27,939 | |
5% 5/15/24 | 50,000 | 57,554 | |
5% 5/15/25 | 120,000 | 141,958 | |
Rhode Island Health & Edl. Bldg. Corp. Pub. Schools Rev. Series 2015, 5% 5/15/25 (FSA Insured) | 130,000 | 155,375 | |
Rhode Island Health and Edl. Bldg. Corp. Higher Ed. Facility Rev. Series 2015, 5% 11/1/20 | 300,000 | 308,065 | |
Rhode Island Hsg. & Mtg. Fin. Corp. Series 2019 70, 4% 10/1/49 | 105,000 | 117,108 | |
Rhode Island Student Ln. Auth. Student Ln. Rev.: | |||
Series 2019 A, 5% 12/1/28 (b) | 490,000 | 625,181 | |
Series A, 5% 12/1/20 (b) | 250,000 | 257,243 | |
Tobacco Settlement Fing. Corp. Series 2015 A: | |||
5% 6/1/21 | 555,000 | 582,023 | |
5% 6/1/26 | 75,000 | 88,522 | |
5% 6/1/27 | 20,000 | 23,528 | |
TOTAL RHODE ISLAND | 4,679,025 | ||
South Carolina - 0.5% | |||
Greenville County School District Series 2019 C, 4% 6/1/20 | 5,000,000 | 5,038,373 | |
Lancaster County School District ( South Carolina Gen. Oblig. Proj.) Series 2017, 5% 3/1/22 | 45,000 | 48,724 | |
Laurens County Wtr. & Swr. Cmnty. Wtrwks. Series 2020, 1.375% 2/1/22 | 3,000,000 | 3,011,610 | |
Richland County School District #2 Gen. Oblig. (South Carolina Gen. Oblig. Proj.) Series 2015 A, 5% 2/1/23 | 55,000 | 61,617 | |
Scago Edl. Facilities Corp. for Colleton School District (School District of Colleton County Proj.) Series 2015: | |||
5% 12/1/23 | 95,000 | 108,396 | |
5% 12/1/26 | 25,000 | 29,734 | |
South Carolina Assoc. of Governmental Organizations Ctfs. of Prtn. Series 2019 D, 2% 3/2/20 | 5,600,000 | 5,600,000 | |
South Carolina Hsg. Fin. & Dev. Auth. Mtg. Rev. Series 2019 A, 4% 1/1/50 | 150,000 | 169,193 | |
South Carolina Ports Auth. Ports Rev. Series 2019 B, 5% 7/1/22 (b) | 310,000 | 338,613 | |
South Carolina Pub. Svc. Auth. Rev.: | |||
Series 2012 B, 5% 12/1/20 | 20,000 | 20,590 | |
Series 2012 C, 5% 12/1/20 | 400,000 | 411,801 | |
Series 2014 C: | |||
5% 12/1/22 | 25,000 | 27,765 | |
5% 12/1/23 | 110,000 | 126,297 | |
Series 2015 C, 5% 12/1/21 | 400,000 | 427,524 | |
Series 2015, 5% 12/1/21 | 225,000 | 240,602 | |
Series A, 5% 12/1/23 | 1,015,000 | 1,165,372 | |
TOTAL SOUTH CAROLINA | 16,826,211 | ||
South Dakota - 0.0% | |||
South Dakota Health & Edl. Facilities Auth. Rev. Series 2014 B: | |||
4% 11/1/20 | 15,000 | 15,307 | |
4% 11/1/21 | 10,000 | 10,496 | |
5% 11/1/22 | 10,000 | 11,051 | |
TOTAL SOUTH DAKOTA | 36,854 | ||
Tennessee - 0.6% | |||
Greeneville Health & Edl. Facilities Board Series 2018 A, 5% 7/1/22 | 1,000,000 | 1,094,730 | |
Jackson Hosp. Rev. Series 2018 A, 5% 4/1/20 | 835,000 | 837,502 | |
Memphis Health, Edl. & Hsg. Facilities Board Bonds Series 2018, 2.03%, tender 8/1/20 (a) | 7,400,000 | 7,428,736 | |
Metropolitan Nashville Arpt. Auth. Rev. Series 2019 B, 5% 7/1/25 (b) | 770,000 | 925,155 | |
Nashville and Davidson County Metropolitan Govt. Health & Edl. Facilities Board Rev. Bonds Series 2001 B, 1.55%, tender 11/3/20 (a) | 3,410,000 | 3,422,870 | |
Tennergy Corp. Gas Rev. Bonds Series 2019 A, 5%, tender 10/1/24 (a) | 2,050,000 | 2,407,520 | |
Tennessee Energy Acquisition Corp.: | |||
Series 2006 A, 5.25% 9/1/21 | 1,235,000 | 1,312,299 | |
Series 2018, 5% 11/1/22 | 1,500,000 | 1,649,670 | |
TOTAL TENNESSEE | 19,078,482 | ||
Texas - 7.6% | |||
Alamito Pub. Facilities Corp. Bonds: | |||
(Cramer Three Apts. Proj.) Series 2018, 2.5%, tender 5/1/21 (a) | 5,000,000 | 5,072,450 | |
(Sandoval Apts. and Valle Verde Apts. Proj.) Series 2018, 2.25%, tender 6/1/20 (a) | 3,000,000 | 3,008,073 | |
Series 2019, 1.51%, tender 5/1/22 (a) | 6,000,000 | 6,037,500 | |
Aledo Independent School District Series 2015, 0% 2/15/24 | 25,000 | 23,938 | |
Allen Independent School District Series 2011, 5% 2/15/41 (Pre-Refunded to 2/15/21 @ 100) | 860,000 | 893,858 | |
Austin Affordable Pfc, Inc. Multifamily Hsg. Rev. Bonds Series 2019, 1.46%, tender 6/1/22 (a) | 5,000,000 | 5,041,000 | |
Austin Arpt. Sys. Rev.: | |||
Series 2019 B, 5% 11/15/22 (b) | 600,000 | 663,600 | |
Series 2019, 5% 11/15/20 (b) | 2,615,000 | 2,689,612 | |
Austin-Bergstrom Landhost Ente Series 2017: | |||
5% 10/1/20 | 235,000 | 240,193 | |
5% 10/1/21 | 280,000 | 296,668 | |
Brownsville Independent School District Series 2017, 4% 8/15/22 | 1,910,000 | 2,053,193 | |
Burleson Independent School District Bonds Series 2018, 2.5%, tender 8/1/22 (a) | 5,000,000 | 5,158,950 | |
Cap. Area Hsg. Fin. Corp. Multi-family Hsg. Rev. Bonds: | |||
Series 2018, 2.05%, tender 8/1/20 (a) | 10,000,000 | 10,039,621 | |
Series 2019, 2.1%, tender 9/1/22 (a) | 2,800,000 | 2,839,900 | |
Central Reg'l. Mobility Auth.: | |||
Bonds Series 2015 B, 5%, tender 1/6/21 (a) | 1,000,000 | 1,012,440 | |
Series 2011, 6% 1/1/41 (Pre-Refunded to 1/1/21 @ 100) | 5,720,000 | 5,962,871 | |
Series 2016: | |||
5% 1/1/21 | 10,000 | 10,330 | |
5% 1/1/22 | 35,000 | 37,535 | |
5% 1/1/23 | 55,000 | 61,118 | |
5% 1/1/24 | 75,000 | 86,231 | |
5% 1/1/26 | 65,000 | 79,596 | |
Cypress-Fairbanks Independent School District Bonds: | |||
Series 2014 B2, 1.4%, tender 8/17/20 (a) | 1,700,000 | 1,703,929 | |
Series 2014 B3, 1.4%, tender 8/17/20 (a) | 2,425,000 | 2,430,605 | |
Series 2015 B2, 2.125%, tender 8/16/21 (a) | 4,000,000 | 4,071,160 | |
Series 2017 A-2, 1.25%, tender 8/15/22 (a) | 3,000,000 | 3,017,430 | |
Series 2017 A-3, 3%, tender 8/17/20 (a) | 630,000 | 636,028 | |
Series 2017 A1, 2.125%, tender 8/16/21 (a) | 8,180,000 | 8,325,522 | |
Dallas County Gen. Oblig. Series 2016 5% 8/15/22 | 75,000 | 82,590 | |
Dallas Fort Worth Int'l. Arpt. Rev.: | |||
Series 2013 F: | |||
5% 11/1/21 | 65,000 | 69,440 | |
5% 11/1/22 | 110,000 | 121,987 | |
Series 2014 D, 5% 11/1/21 (b) | 2,515,000 | 2,684,612 | |
Dallas Independent School District Bonds: | |||
Series 2016 B5, 5%, tender 2/15/21 (a) | 175,000 | 181,822 | |
Series 2016, 5%, tender 2/15/22 (a) | 5,000 | 5,401 | |
Series B6: | |||
5%, tender 2/15/22 (a) | 100,000 | 108,029 | |
5%, tender 2/15/22 (a) | 100,000 | 107,948 | |
Denton Independent School District: | |||
Bonds Series 2013: | |||
2%, tender 8/1/20 (a) | 465,000 | 467,015 | |
2%, tender 8/1/20 (a) | 1,065,000 | 1,069,660 | |
Series 2016, 0% 8/15/25 | 35,000 | 32,956 | |
El Paso County Hosp. District Series 2013, 5% 8/15/20 | 1,160,000 | 1,178,392 | |
El Paso Independent School District Bonds Series 2020, 2.5%, tender 7/31/27 (a)(e) | 2,500,000 | 2,550,625 | |
Fort Bend Independent School District Bonds: | |||
Series 2019 A, 1.95%, tender 8/1/22 (a) | 6,450,000 | 6,581,774 | |
Series C, 1.35%, tender 8/1/20 (a) | 40,000 | 40,069 | |
Series D, 1.5%, tender 8/1/21 (a) | 70,000 | 70,558 | |
Fort Worth Gen. Oblig. Series 2015 A, 5% 3/1/23 | 35,000 | 39,318 | |
Fort Worth Independent School District Series 2015, 5% 2/15/22 | 35,000 | 37,860 | |
Grapevine-Colleyville Independent School District Bonds: | |||
Series 2012, 2%, tender 8/1/20 (a) | 975,000 | 979,547 | |
Series B, 2%, tender 8/1/20 (a) | 880,000 | 883,995 | |
Harlandale Independent School District Bonds Series 2015, 3%, tender 8/15/21 (a) | 6,000,000 | 6,055,620 | |
Harris County Cultural Ed. Facilities Fin. Corp. Rev.: | |||
Bonds: | |||
Series 2015 3, 1 month U.S. LIBOR + 0.850% 1.94%, tender 3/5/20 (a)(c) | 665,000 | 665,218 | |
Series 2019 B, 5%, tender 12/1/22 (a) | 5,000,000 | 5,530,750 | |
Series 2019 C, SIFMA Municipal Swap Index + 0.420% 1.57%, tender 12/1/22 (a)(c) | 3,250,000 | 3,249,968 | |
Series 2013 A, 5% 12/1/21 | 450,000 | 481,613 | |
Series 2013 B, SIFMA Municipal Swap Index + 0.900% 2.05% 6/1/22 (a)(c) | 600,000 | 606,540 | |
Series 2014 A, 5% 12/1/26 | 120,000 | 142,141 | |
Series 2015, 5% 10/1/20 | 570,000 | 583,534 | |
Series 2019 A: | |||
5% 12/1/20 | 1,000,000 | 1,030,110 | |
5% 12/1/21 | 1,860,000 | 1,990,665 | |
Series 2020: | |||
5% 6/1/22 (e) | 1,000,000 | 1,090,680 | |
5% 6/1/23 (e) | 1,385,000 | 1,563,734 | |
Harris County Flood Cont. District Series 2019 A, 4% 10/1/20 | 5,000,000 | 5,092,607 | |
Harris County Gen. Oblig.: | |||
Series 2012 B, 1.45% 8/15/21 (a) | 8,000,000 | 8,031,920 | |
Series 2019 A, 4% 10/1/20 | 5,000,000 | 5,092,900 | |
Harris County Health Facilities Dev. Corp. Rev. Series 2005 A4, 1.18%, tender 7/1/31 (FSA Insured) (a) | 1,100,000 | 1,100,000 | |
Houston Arpt. Sys. Rev.: | |||
(Houston TX Arpt. Sys. Rev. Subord Proj.) Series 2011 A, 5% 7/1/21 (b) | 675,000 | 711,990 | |
Series 2011 A, 5% 7/1/22 (b) | 300,000 | 316,197 | |
Series 2012 A, 5% 7/1/23 (b) | 235,000 | 256,862 | |
Series 2018 A, 5% 7/1/21 (b) | 275,000 | 290,034 | |
Series 2018 C: | |||
5% 7/1/20 (b) | 3,760,000 | 3,811,040 | |
5% 7/1/21 (b) | 335,000 | 353,358 | |
Houston Convention and Entertainment Facilities Dept. Hotel Occupancy Tax and Spl. Rev. Series 2019, 5% 9/1/20 | 2,485,000 | 2,534,526 | |
Houston Independent School District Bonds: | |||
Series 2012: | |||
1.45%, tender 6/1/20 (a) | 4,360,000 | 4,365,493 | |
2.4%, tender 6/1/21 (a) | 2,985,000 | 3,039,148 | |
Series 2013 B: | |||
1.45%, tender 6/1/20 (a) | 2,385,000 | 2,388,005 | |
2.4%, tender 6/1/21 (a) | 3,100,000 | 3,156,234 | |
Series 2014 A, 2.2%, tender 6/1/20 (a) | 3,000,000 | 3,009,254 | |
Houston Util. Sys. Rev. Bonds: | |||
Series 2012 A, SIFMA Municipal Swap Index + 0.900% 2.05%, tender 3/5/20 (a)(c) | 500,000 | 500,174 | |
Series 2018 C, 1 month U.S. LIBOR + 0.360% 1.489%, tender 8/1/21 (a)(c) | 8,000,000 | 8,006,880 | |
Irving Hosp. Auth. Hosp. Rev. Series 2017 A: | |||
5% 10/15/20 | 130,000 | 132,975 | |
5% 10/15/21 | 65,000 | 68,867 | |
Katy Independent School District Bonds Series 2015 C, 1 month U.S. LIBOR + 0.280% 1.391%, tender 8/16/21 (a)(c) | 5,000,000 | 5,001,300 | |
Leander Independent School District Series 2013 A: | |||
0% 8/15/21 | 550,000 | 543,439 | |
0% 8/15/23 | 1,000,000 | 969,120 | |
Love Field Arpt. Modernization Rev. Series 2015, 5% 11/1/23 (b) | 375,000 | 428,179 | |
Lower Colorado River Auth. Rev.: | |||
(LCRA Transmission Corp. Proj.) Series 2011 B, 5% 5/15/23 | 400,000 | 419,576 | |
(LCRA Transmission Svcs. Corp. Proj.) Series 2019 A, 5% 5/15/21 | 1,335,000 | 1,401,149 | |
Series 2010 B, 5% 5/15/21 | 915,000 | 922,686 | |
Series 2010, 5% 5/15/20 | 80,000 | 80,667 | |
Manor Independent School District Series 2020: | |||
5% 8/1/22 (e) | 1,000,000 | 1,098,830 | |
5% 8/1/23 (e) | 750,000 | 854,985 | |
Mansfield Independent School District Series 2016, 5% 2/15/24 | 95,000 | 110,153 | |
Matagorda County Navigation District No. 1 Poll. Cont. Rev. Bonds Series 1996, 1.75%, tender 9/1/20 (a)(b) | 2,555,000 | 2,562,284 | |
Mission Econ. Dev. Corp. Solid Waste Disp. Rev. Bonds (Republic Svcs., Inc. Proj.) Series 2008 A, 1.12%, tender 5/1/20 (a)(b) | 1,700,000 | 1,700,325 | |
Newark Higher Ed. Fin. Corp. (Abilene Christian Univ. Proj.) Series 2016 A, 5% 4/1/26 | 55,000 | 66,224 | |
North East Texas Independent School District: | |||
Bonds Series 2013 B, 1.42%, tender 8/1/21 (a) | 295,000 | 295,590 | |
Series 2018, 5% 8/1/20 | 1,080,000 | 1,098,752 | |
North Harris County Reg'l. Wtr. Auth. Series 2013, 4% 12/15/22 | 35,000 | 37,955 | |
North Texas Tollway Auth. Rev.: | |||
Series 2011 A, 5.5% 9/1/41 (Pre-Refunded to 9/1/21 @ 100) | 1,715,000 | 1,833,712 | |
Series 2011 D, 5% 9/1/28 (Pre-Refunded to 9/1/21 @ 100) | 2,150,000 | 2,282,892 | |
Series 2019 A, 5% 1/1/21 | 1,700,000 | 1,758,628 | |
Northside Independent School District: | |||
Bonds: | |||
Series 2017, 1.45%, tender 6/1/20 (a) | 1,200,000 | 1,201,512 | |
2%, tender 6/1/21 (a) | 2,705,000 | 2,740,706 | |
Series 2011, 2.125%, tender 8/1/20 (a) | 3,705,000 | 3,723,106 | |
Prosper Independent School District Bonds Series 2019 B, 2%, tender 8/15/23 (a) | 1,000,000 | 1,040,280 | |
Sam Rayburn Muni. Pwr. Agcy. Series 2012, 5% 10/1/20 | 20,000 | 20,447 | |
San Antonio Arpt. Sys. Rev.: | |||
Series 2012, 4% 7/1/20 (b) | 1,385,000 | 1,398,820 | |
Series 2019 A: | |||
5% 7/1/20 (b) | 500,000 | 506,487 | |
5% 7/1/20 (b) | 1,000,000 | 1,013,241 | |
5% 7/1/21 (b) | 640,000 | 673,939 | |
5% 7/1/21 (b) | 1,330,000 | 1,398,708 | |
5% 7/1/22 (b) | 275,000 | 300,652 | |
5% 7/1/22 (b) | 265,000 | 289,396 | |
5% 7/1/23 (b) | 195,000 | 220,253 | |
5% 7/1/25 (b) | 400,000 | 480,140 | |
5% 7/1/26 (b) | 500,000 | 617,905 | |
San Antonio Elec. & Gas Sys. Rev. Bonds: | |||
Series 2015 B, 2%, tender 12/1/21 (a) | 3,550,000 | 3,591,571 | |
Series 2015 D, 3%, tender 12/1/20 (a) | 4,000,000 | 4,062,442 | |
San Antonio Hsg. Trust Fin. Corp. Bonds Series 2019, 1.4%, tender 1/1/22 (a) | 5,000,000 | 5,027,200 | |
San Antonio Pub. Facilities Corp. and Rfdg. Lease (Convention Ctr. Proj.) Series 2012: | |||
5% 9/15/21 | 20,000 | 21,268 | |
5% 9/15/22 | 75,000 | 82,567 | |
San Antonio Wtr. Sys. Rev. Bonds Series 2013 F, 2%, tender 11/1/21 (a) | 1,000,000 | 1,015,600 | |
Sherman Independent School District Bonds Series 2018 B: | |||
3%, tender 7/31/20 (a) | 75,000 | 75,651 | |
3%, tender 8/1/20 (a) | 205,000 | 206,778 | |
3%, tender 8/1/20 (a) | 3,720,000 | 3,751,499 | |
Tarrant County Cultural Ed. Facilities Fin. Corp. Hosp. Rev.: | |||
(Scott & White Healthcare Proj.) Series 2013 A: | |||
5% 8/15/21 | 15,000 | 15,877 | |
5% 8/15/23 | 20,000 | 22,683 | |
Series 2013, 5% 9/1/20 | 20,000 | 20,406 | |
Tarrant County Cultural Ed. Facilities Fin. Corp. Retirement Facility Rev. (MRC Crestview Proj.) Series 2010, 8.125% 11/15/44 (Pre-Refunded to 11/15/20 @ 100) | 250,000 | 262,443 | |
Tarrant County Cultural Ed. Facilities Fin. Corp. Rev.: | |||
Series 2016 A, 5% 2/15/26 | 35,000 | 43,153 | |
Series 2017 A, 5% 2/15/24 | 45,000 | 52,120 | |
Texas A&M Univ. Rev. Series B, 5% 5/15/20 | 4,030,000 | 4,063,866 | |
Texas Dept. of Hsg. & Cmnty. Affairs Multi-family Hsg. Rev. Bonds: | |||
Series 2018: | |||
1.17%, tender 2/1/21 (a) | 3,800,000 | 3,800,300 | |
2.2%, tender 5/1/20 (a) | 4,000,000 | 4,006,960 | |
2.23%, tender 5/1/20 (a) | 3,300,000 | 3,306,221 | |
Series 2019, 2.11%, tender 2/1/21 | 2,880,000 | 2,904,189 | |
Texas Gen. Oblig.: | |||
Bonds: | |||
Series 2019 C2, 1.85%, tender 8/1/22 (a) | 165,000 | 165,533 | |
Series 2019 E2, 2.25%, tender 8/1/22 (a) | 740,000 | 743,841 | |
Series 2013 B, 5.25% 8/1/21 (b) | 940,000 | 996,513 | |
Series 2018, 4% 8/1/21 (b) | 790,000 | 823,686 | |
Texas State Univ. Sys. Fing. Rev. Series 2019 A: | |||
3% 3/15/20 | 1,850,000 | 1,851,349 | |
4% 3/15/21 | 2,000,000 | 2,065,725 | |
Texas Trans. Commission Central Texas Tpk. Sys. Rev. Bonds Series 2015 A, 5%, tender 4/1/20 (a) | 2,825,000 | 2,834,230 | |
Texas Wtr. Dev. Board Rev. Series 2019 A: | |||
5% 10/15/20 | 1,340,000 | 1,374,624 | |
5% 4/15/21 | 850,000 | 889,695 | |
Tomball Independent School District Bonds Series 2014 B2, 2.125%, tender 8/15/21 (a) | 1,000,000 | 1,017,200 | |
Travis County Health Facilities Dev. Corp. Rev. (Longhorn Village Proj.) Series 2012 A, 7% 1/1/32 (Pre-Refunded to 1/1/21 @ 100) | 1,740,000 | 1,828,201 | |
Trinity River Auth. Reg'l. Wastewtr. Sys. Rev. Series 2016, 5% 8/1/23 | 35,000 | 39,909 | |
Univ. of Texas Board of Regents Sys. Rev. Series 2017 C: | |||
5% 8/15/20 | 1,090,000 | 1,110,667 | |
5% 8/15/21 | 1,945,000 | 2,063,392 | |
TOTAL TEXAS | 257,265,383 | ||
Utah - 0.1% | |||
Utah Gen. Oblig. Series 2020, 5% 7/1/23 | 3,000,000 | 3,419,190 | |
Virginia - 2.1% | |||
Amelia County Indl. Dev. Auth. Solid Waste Disp. Rev. Bonds (Waste Mgmt., Inc. Proj.) 2.125%, tender 4/1/20 (a)(b) | 1,070,000 | 1,070,777 | |
Charles City County Econ. Dev. Auth. Solid Waste Disp. Rev. Bonds (Waste Mgmt., Inc. Proj.) Series 2003 A, 2.4%, tender 5/2/22 (a)(b) | 1,750,000 | 1,793,120 | |
Chesapeake Bay Bridge and Tunnel District Gen. Resolution Rev. Series 2019, 5% 11/1/23 | 2,000,000 | 2,292,180 | |
Chesapeake Hosp. Auth. Hosp. Facility Rev. Series 2019, 4% 7/1/20 | 2,285,000 | 2,308,635 | |
Chesapeake Trans. Sys. Toll Road Rev. Series 2012 A: | |||
4% 7/15/20 | 15,000 | 15,154 | |
5% 7/15/21 | 10,000 | 10,512 | |
Fairfax County Indl. Dev. Auth. Bonds (Inova Health Sys. Proj.) Series 2018 B, 5%, tender 5/15/23 (a) | 250,000 | 282,760 | |
Fairfax County Redev. & Hsg. Auth. Rev. Bonds Series 2018: | |||
2.21%, tender 8/1/20 (a)(b) | 2,000,000 | 2,009,727 | |
2.26%, tender 8/1/20 (a) | 2,000,000 | 2,010,136 | |
Fredericksburg Econ. Dev. Auth. Rev. Series 2014, 5% 6/15/24 | 50,000 | 58,268 | |
Halifax County Indl. Dev. Auth. Bonds 2.15%, tender 9/1/20 (a) | 2,935,000 | 2,951,460 | |
Hampton Roads Trans. Accountability Commission Series 2019 A, 5% 7/1/22 | 7,000,000 | 7,678,510 | |
King George County Indl. Dev. Auth. Solid Waste Disp. Fac. Rev. (King George Landfill, Inc. Proj.) Series 2003 A, 2.5% 6/1/23 (a)(b) | 735,000 | 765,047 | |
Louisa Indl. Dev. Auth. Poll. Cont. Rev. Bonds: | |||
(Virginia Elec. and Pwr. Co. Proj.): | |||
Series 2008 A, 1.9%, tender 6/1/23 (a) | 2,500,000 | 2,570,375 | |
Series 2008 C, 1.8%, tender 4/1/22 (a) | 1,600,000 | 1,625,744 | |
Series 2008 B, 2.15%, tender 9/1/20 (a) | 2,110,000 | 2,121,833 | |
Newport New Redev. & Hsg. Multi-family Hsg. Bonds Series 2018, 2.05%, tender 8/1/20 (a) | 7,000,000 | 7,029,196 | |
Russell County Poll. Cont. (Appalachian Pwr. Co. Proj.) Series K 4.625% 11/1/21 | 250,000 | 250,695 | |
Spotsylvania County Econ. Dev. Bonds (Palmers Creek Apt. Proj.) Series 2019, 1.45%, tender 2/1/22 (a) | 5,000,000 | 5,033,150 | |
Stafford County Econ. Dev. Auth. Hosp. Facilities Rev. Series 2016: | |||
5% 6/15/24 | 25,000 | 29,134 | |
5% 6/15/25 | 20,000 | 23,998 | |
5% 6/15/26 | 35,000 | 43,178 | |
Staunton Redev. & Hsg. Auth. M Bonds Series 2019, 1.95%, tender 5/1/20 (a) | 5,500,000 | 5,528,499 | |
Sussex County Indl. Dev. Auth. Solid Waste Disp. Rev. Bonds Series 2003 A, 2.4%, tender 5/2/22 (a)(b) | 805,000 | 826,172 | |
Virginia Pub. Bldg. Auth. Pub. Facilities Rev.: | |||
Series 2016 C, 5% 8/1/20 (b) | 2,000,000 | 2,033,219 | |
Series 2019 B, 5% 8/1/20 (b) | 4,030,000 | 4,096,937 | |
Virginia Pub. School Auth. School Fing. Series 2018 B, 5% 8/1/20 | 4,670,000 | 4,751,867 | |
Virginia Resources Auth. Moral Oblig. (Virginia Pooled Fing. Prog.) Series 2018 C, 5% 11/1/20 | 1,115,000 | 1,145,729 | |
Virginia St Pub. School Auth. Spl. Oblig. Series 2018, 5% 3/1/20 | 3,790,000 | 3,790,000 | |
Wise County Indl. Dev. Auth. Waste & Sewage Rev. Bonds: | |||
(Virginia Elec. and Pwr. Co. Proj.) Series 2010 A, 1.875%, tender 6/1/20 (a) | 4,315,000 | 4,324,050 | |
Series 2009 A, 2.15%, tender 9/1/20 (a) | 2,605,000 | 2,619,609 | |
York County Econ. Dev. Auth. Poll. Cont. Rev. Bonds (Virginia Elec. and Pwr. Co. Proj.) Series 2009 A, 1.9%, tender 6/1/23 (a) | 300,000 | 308,712 | |
TOTAL VIRGINIA | 71,398,383 | ||
Washington - 2.1% | |||
Central Puget Sound Reg'l. Trans. Auth. Sales & Use Tax Rev. Bonds Series 2015 S2A, SIFMA Municipal Swap Index + 0.300% 1.45%, tender 11/1/21 (a)(c) | 20,000,000 | 20,018,000 | |
Grant County Pub. Util. District #2 Series 2012 A, 5% 1/1/21 (Escrowed to Maturity) | 40,000 | 41,390 | |
King County Hsg. Auth. Rev.: | |||
Series 2018: | |||
2.05% 5/1/20 | 765,000 | 766,308 | |
2.15% 5/1/20 | 405,000 | 405,771 | |
3.5% 5/1/21 | 500,000 | 514,330 | |
Series 2019: | |||
3% 11/1/23 | 1,175,000 | 1,260,940 | |
4% 11/1/24 | 135,000 | 153,382 | |
King County Swr. Rev. Bonds Series 2012, 2.6%, tender 12/1/21 (a) | 3,600,000 | 3,647,520 | |
Port of Seattle Gen. Oblig. Series 2011, 5.25% 12/1/21 (b) | 300,000 | 315,954 | |
Port of Seattle Rev.: | |||
Series 2012 B, 5% 8/1/23 (b) | 1,345,000 | 1,472,197 | |
Series 2015 C, 5% 4/1/21 (b) | 540,000 | 563,333 | |
Series 2016 B: | |||
5% 10/1/21 (b) | 60,000 | 63,845 | |
5% 10/1/22 (b) | 55,000 | 60,645 | |
5% 10/1/23 (b) | 65,000 | 73,964 | |
Series 2017 C, 5% 5/1/22 (b) | 5,540,000 | 6,011,454 | |
Series 2018 A, 5% 5/1/22 (b) | 11,475,000 | 12,451,523 | |
Series 2019: | |||
5% 4/1/21 (b) | 1,000,000 | 1,043,210 | |
5% 4/1/22 (b) | 215,000 | 232,600 | |
5% 4/1/23 (b) | 215,000 | 240,579 | |
Port of Seattle Spl. Facility Rev. Series 2013, 5% 6/1/22 (b) | 500,000 | 544,170 | |
Seattle Muni. Lt. & Pwr. Rev.: | |||
Bonds Series 2018 B2, SIFMA Municipal Swap Index + 0.290% 1.44%, tender 11/1/21 (a)(c) | 10,000,000 | 10,002,900 | |
Series 2019 A, 5% 4/1/20 | 3,520,000 | 3,531,558 | |
Tacoma Elec. Sys. Rev.: | |||
Series 2013 A: | |||
4% 1/1/21 | 5,000 | 5,132 | |
5% 1/1/21 | 40,000 | 41,383 | |
Series 2017: | |||
5% 1/1/22 | 15,000 | 16,155 | |
5% 1/1/25 | 15,000 | 17,928 | |
5% 1/1/26 | 10,000 | 12,335 | |
Tobacco Settlement Auth. Rev.: | |||
Series 2013, 5% 6/1/20 | 1,190,000 | 1,201,540 | |
Series 2018, 5% 6/1/22 | 215,000 | 233,486 | |
Washington Gen. Oblig. Series 2003 C, 0% 6/1/20 | 345,000 | 344,301 | |
Washington Health Care Facilities Auth. Rev.: | |||
(Providence Health Systems Proj.) Series 2012 A, 5% 10/1/24 | 250,000 | 275,793 | |
(Virginia Mason Med. Ctr. Proj.) Series 2017: | |||
5% 8/15/25 | 20,000 | 23,745 | |
5% 8/15/26 | 115,000 | 140,022 | |
5% 8/15/27 | 50,000 | 62,194 | |
Bonds: | |||
Series 2012 B, 5%, tender 10/1/21 (a) | 250,000 | 265,655 | |
Series 2019 B, 5%, tender 8/1/24 (a) | 525,000 | 606,669 | |
Series 2012 A, 5% 10/1/22 | 445,000 | 490,911 | |
Washington Hsg. Fin. Commission Multi-family Hsg. Rev. (Columbia Park Apts. Proj.) Series 2019, 1.39%, tender 7/1/21 (a) | 5,000,000 | 5,020,400 | |
TOTAL WASHINGTON | 72,173,222 | ||
West Virginia - 0.3% | |||
Harrison County Commission Solid Waste Disp. Rev. Bonds (Monongahela Pwr. Co. Proj.) Series 2018 A, 3%, tender 10/15/21 (a)(b) | 5,700,000 | 5,863,191 | |
Mason Co. Poll. Cont. Rev. (Appalachian Pwr. Co. Proj.) Series 2003 L, 2.75% 10/1/22 | 2,445,000 | 2,544,096 | |
West Virginia Econ. Dev. Auth. Solid Waste Disp. Facilities Rev. Bonds (Appalachian Pwr. Co. Amos Proj.) Series 2011 A, 1.7%, tender 9/1/20 (a)(b) | 2,125,000 | 2,129,489 | |
West Virginia Hsg. Dev. Fund Series 2017 A, 2.4% 11/1/22 (b) | 960,000 | 983,472 | |
TOTAL WEST VIRGINIA | 11,520,248 | ||
Wisconsin - 2.1% | |||
Crosse Resources Recovery Rev. Series 1996, 6% 11/1/21 (b) | 1,500,000 | 1,616,490 | |
Glendale River Hills School District Series 2019, 2% 4/17/20 | 2,800,000 | 2,803,399 | |
Milwaukee County Arpt. Rev.: | |||
Series 2013 A: | |||
5% 12/1/20 (b) | 30,000 | 30,892 | |
5% 12/1/22 (b) | 30,000 | 33,284 | |
5.25% 12/1/23 (b) | 35,000 | 40,464 | |
Series 2016 A, 5% 12/1/22 (b) | 1,000,000 | 1,109,450 | |
Pub. Fin. Auth. Solid Waste Bonds (Waste Mgmt., Inc. Proj.): | |||
Series 2017 A, 1.12%, tender 5/1/20 (a)(b) | 14,000,000 | 14,002,680 | |
Series 2017 A-1, 1.12%, tender 5/1/20 (a)(b) | 7,500,000 | 7,501,436 | |
Series 2017 A-2, 1.12%, tender 5/1/20 (a)(b) | 16,035,000 | 16,038,069 | |
Pub. Fin. Auth. Wis Edl. Facilities Series 2018, 5% 7/1/20 (d) | 545,000 | 549,193 | |
Waukesha Gen. Oblig. Series 2019 D, 4% 7/1/20 | 4,200,000 | 4,226,696 | |
Wisconsin Health & Edl. Facilities: | |||
(Agnesian Healthcare Proj.) Series 2017, 5% 7/1/21 | 100,000 | 105,289 | |
Bonds: | |||
(Ascension Health Cr. Group Proj.) Series 2013 B: | |||
5%, tender 6/1/20 (a) | 2,020,000 | 2,040,043 | |
5%, tender 6/1/21 (a) | 1,905,000 | 2,000,917 | |
Series 2018 B, 5%, tender 1/26/22 (a) | 5,710,000 | 6,149,385 | |
Series 2018 C, SIFMA Municipal Swap Index + 0.450% 1.6%, tender 7/27/22 (a)(c) | 3,885,000 | 3,898,170 | |
Series 2018 C3, SIFMA Municipal Swap Index + 0.550% 1.7%, tender 7/26/23 (a)(c) | 4,000,000 | 4,022,480 | |
Series 2014 A, 5% 11/15/21 | 325,000 | 347,370 | |
Series 2014: | |||
5% 5/1/20 | 10,000 | 10,059 | |
5% 5/1/21 | 15,000 | 15,636 | |
Series 2019 A: | |||
5% 12/1/23 | 30,000 | 34,242 | |
5% 12/1/24 | 100,000 | 117,713 | |
5% 12/1/25 | 125,000 | 151,289 | |
5% 12/1/26 | 200,000 | 248,110 | |
Series 2019, 5% 10/1/21 | 400,000 | 425,568 | |
Series 2020, 4% 7/1/21 | 820,000 | 851,250 | |
Wisconsin Health & Edl. Facilities Auth. Series 2014 A, 5% 12/1/21 | 370,000 | 395,859 | |
Wisconsin Health & Edl. Facilities Auth. Rev.: | |||
Series 2010, 5% 12/15/20 | 350,000 | 353,884 | |
Series 2012, 5% 10/1/21 | 30,000 | 31,918 | |
Wisconsin Hsg. & Econ. Dev. Auth. Series 2018 A, 2.05% 9/1/20 (b) | 1,195,000 | 1,199,815 | |
Wisconsin Hsg. & Econ. Dev. Auth. Hsg. Rev. Bonds Series 2017 A, 1.95%, tender 5/1/20 (a) | 985,000 | 986,120 | |
TOTAL WISCONSIN | 71,337,170 | ||
Wyoming - 0.2% | |||
Wyoming Cmnty. Dev. Auth. Hsg. Rev. Bonds Series 2018 4, 1.47%, tender 9/1/21 (a) | 5,000,000 | 5,004,700 | |
TOTAL MUNICIPAL BONDS | |||
(Cost $1,949,669,381) | 1,966,786,195 | ||
Municipal Notes - 29.0% | |||
Alabama - 0.3% | |||
Health Care Auth. for Baptist Health Series 2013 B, 1.44% 3/6/20, VRDN (a) | 6,705,000 | $6,705,000 | |
Mobile Indl. Dev. Board Rev. (Alabama Pwr. Co. Proj.) Series 2001 B, 1.32% 3/2/20, VRDN (a)(b) | 800,000 | 800,000 | |
Tuscaloosa County Indl. Dev. Auth. Solid Waste Disp. Rev. (Nucor Corp. Proj.) Series 2004, 1.33% 3/4/20, VRDN (a)(b) | 2,700,000 | 2,700,000 | |
West Jefferson Indl. Dev. Board Solid Waste Disp. Rev. (Alabama Pwr. Co. Miller Plant Proj.) Series 2008, 1.32% 3/2/20, VRDN (a)(b) | 130,000 | 130,000 | |
Wilsonville Indl. Dev. Board Poll. Cont. Rev. (Alabama Pwr. Co. Gaston Plant Proj.) Series 2008, 1.32% 3/2/20, VRDN (a)(b) | 500,000 | 500,000 | |
TOTAL ALABAMA | 10,835,000 | ||
Arkansas - 0.1% | |||
Blytheville Indl. Dev. Rev. (Nucor Corp. Proj.) Series 2002, 1.31% 3/6/20, VRDN (a)(b) | 2,800,000 | 2,800,000 | |
California - 0.9% | |||
1500 Mission Urban Hsg. LP Participating VRDN Series DBE 80 38, 1.5% 3/6/20 (Liquidity Facility Deutsche Bank AG New York Branch) (a)(f)(g) | 1,500,000 | 1,500,000 | |
Bay Area Toll Auth. San Francisco Bay Toll Bridge Rev. Participating VRDN Series XF 10 44, 1.25% 3/6/20 (Liquidity Facility Deutsche Bank AG New York Branch) (a)(f)(g) | 1,400,000 | 1,400,000 | |
Buck Institute Age Research Participating VRDN Series Floaters XF 10 35, 1.25% 3/6/20 (Liquidity Facility Deutsche Bank AG New York Branch) (a)(f)(g) | 1,400,000 | 1,400,000 | |
California Health Facilities Fing. Auth. Rev. Participating VRDN Series Floaters 013, 1.27% 4/10/20 (Liquidity Facility Barclays Bank PLC) (a)(f)(g) | 2,430,000 | 2,430,000 | |
California Statewide Cmntys. Dev. Auth. Multi-family Hsg. Rev. (Westgate Pasadena Apts. Proj.) Series 2013 B, 1.36% 3/6/20, VRDN (a)(b) | 3,000,000 | 3,000,000 | |
San Francisco Calif. City & Cnty. Arpts. Commn. Int'l. Arpt. Rev. Participating VRDN Series 15 ZF 01 64, 1.4% 3/6/20 (Liquidity Facility JPMorgan Chase Bank) (a)(b)(f)(g) | 1,705,000 | 1,705,000 | |
San Francisco City & County Arpts. Commission Int'l. Arpt. Rev. Participating VRDN: | |||
Series Floaters XM 06 75, 1.4% 3/6/20 (Liquidity Facility Morgan Stanley Bank, West Valley City Utah) (a)(b)(f)(g) | 300,000 | 300,000 | |
Series Floaters ZF 26 76, 1.35% 3/6/20 (Liquidity Facility Morgan Stanley Bank, West Valley City Utah) (a)(b)(f)(g) | 2,000,000 | 2,000,000 | |
Series Floaters ZM 06 41, 1.4% 3/6/20 (Liquidity Facility JPMorgan Chase Bank) (a)(b)(f)(g) | 5,250,000 | 5,250,000 | |
San Francisco City & County Multi-family Hsg. Rev. Participating VRDN Series DBE 80 49, 1.5% 3/6/20 (Liquidity Facility Deutsche Bank AG New York Branch) (a)(f)(g) | 5,000,000 | 5,000,000 | |
Shafter Indl. Dev. Auth. Indl. Dev. Rev. 1.46% 3/6/20, LOC Deutsche Bank AG New York Branch, VRDN (a)(b) | 350,000 | 350,000 | |
Wilshire Vermont Station Apts Participating VRDN Series Spears DBE 80 16, 1.45% 3/6/20 (Liquidity Facility Deutsche Bank AG New York Branch) (a)(b)(f)(g) | 4,245,000 | 4,245,000 | |
TOTAL CALIFORNIA | 28,580,000 | ||
Colorado - 1.9% | |||
Colorado Ed. Ln. Prog. TRAN Series 2019 A, 3% 6/29/20 | 5,000,000 | 5,034,769 | |
Colorado Edl. & Cultural Facilities Auth. Rev. (Mesivta of Greater Los Angeles Proj.) Series 2005, 1.5% 3/6/20, LOC Deutsche Bank AG, VRDN (a) | 785,000 | 785,000 | |
Colorado Gen. Fdg. Rev. TRAN Series 2019, 3% 6/26/20 | 30,000,000 | 30,203,259 | |
Colorado Reg'l. Trans. District Sales Tax Rev. Participating VRDN Series Floaters 16 XF1031, 1.25% 3/6/20 (Liquidity Facility Deutsche Bank AG New York Branch) (a)(f)(g) | 400,000 | 400,000 | |
Denver City & County Arpt. Rev. Participating VRDN: | |||
Series DBE 8027, 1.4% 3/6/20 (Liquidity Facility Deutsche Bank AG New York Branch) (a)(b)(f)(g) | 1,700,000 | 1,700,000 | |
Series Floaters XF 10 36, 1.25% 3/6/20 (Liquidity Facility Deutsche Bank AG New York Branch) (a)(f)(g) | 400,000 | 400,000 | |
Series Floaters XL 00 90, 1.4% 3/6/20 (Liquidity Facility Morgan Stanley Bank, West Valley City Utah) (a)(b)(f)(g) | 25,225,000 | 25,225,000 | |
Series Floaters XM 07 15, 1.45% 3/6/20 (Liquidity Facility Morgan Stanley Bank, West Valley City Utah) (a)(b)(f)(g) | 1,600,000 | 1,600,000 | |
TOTAL COLORADO | 65,348,028 | ||
District Of Columbia - 0.1% | |||
Children's Nat'l. Med. Ctr., Participating VRDN Series 2015 XF 1047, 1.25% 3/6/20 (Liquidity Facility Deutsche Bank AG New York Branch) (a)(f)(g) | 2,500,000 | 2,500,000 | |
Florida - 2.3% | |||
Aqua One Cmnty. Dev. District Participating VRDN Series Floaters XF 10 76, 1.4% 3/6/20 (Liquidity Facility Deutsche Bank AG New York Branch) (a)(f)(g) | 4,900,000 | 4,900,000 | |
Avenir Cmnty. Dev. District Participating VRDN Series Floaters XF 10 74, 1.4% 3/6/20 (Liquidity Facility Deutsche Bank AG New York Branch) (a)(f)(g) | 2,160,000 | 2,160,000 | |
Broward County Arpt. Sys. Rev. Participating VRDN: | |||
Series Floaters XL 00 88, 1.35% 3/6/20 (Liquidity Facility Citibank NA) (a)(b)(f)(g) | 6,730,000 | 6,730,000 | |
Series XX 11 15, 1.33% 3/6/20 (Liquidity Facility Barclays Bank PLC) (a)(b)(f)(g) | 900,000 | 900,000 | |
Broward County Indl. Dev. Rev. (Florida Pwr. & Lt. Co. Proj.) Series 2015, 1.27% 3/2/20, VRDN (a)(b) | 150,000 | 150,000 | |
Broward County Port Facilities Rev. Participating VRDN Series XM 07 80, 1.4% 3/6/20 (Liquidity Facility JPMorgan Chase Bank) (a)(b)(f)(g) | 1,200,000 | 1,200,000 | |
Broward County School District TAN Series 2019, 3% 6/30/20 | 10,000,000 | 10,069,471 | |
Greater Orlando Aviation Auth. Arpt. Facilities Rev. Participating VRDN Series Floaters XF 05 77, 1.25% 3/6/20 (Liquidity Facility Royal Bank of Canada) (a)(b)(f)(g) | 1,165,000 | 1,165,000 | |
Jacksonville Health Care Series 2020, 1.17% 8/10/20, CP | 2,000,000 | 1,999,637 | |
Lee Memorial Health Sys. Hosp. Rev. Series 2019 B, 1.29% 3/6/23, VRDN (a) | 3,100,000 | 3,100,000 | |
Miami-Dade County Series A1, 1.12% 3/17/20, LOC Bank of America NA, CP (b) | 5,000,000 | 4,999,702 | |
Miami-Dade County Aviation Rev. Participating VRDN Series XG 00 65 1.25% 3/6/20 (Liquidity Facility Deutsche Bank AG New York Branch) (a)(f)(g) | 500,000 | 500,000 | |
Palm Beach County Health Facilities Auth. Rev. Participating VRDN Series Floaters 017, 1.4% 4/10/20 (Liquidity Facility Barclays Bank PLC) (a)(f)(g) | 37,500,000 | 37,500,000 | |
Pinellas County Health Facilities Auth. Rev. (Suncoast Hospice Proj.) Series 2004, 1.23% 3/6/20, LOC Wells Fargo Bank NA, VRDN (a) | 560,000 | 560,000 | |
South Miami Health Facilities Auth. Hosp. Rev. Participating VRDN Series Floaters XF 25 17, 1.25% 3/6/20 (Liquidity Facility Morgan Stanley Bank, West Valley City Utah) (a)(f)(g) | 2,210,000 | 2,210,000 | |
TOTAL FLORIDA | 78,143,810 | ||
Georgia - 0.6% | |||
Atlanta Arpt. Rev.: | |||
Series J1, 1.45% 3/23/20, LOC Bank of America NA, CP | 5,036,000 | 5,036,870 | |
Series J2, 1.9% 3/23/20, LOC Bank of America NA, CP (b) | 1,500,000 | 1,500,254 | |
Series L2, 0% 3/23/20, LOC JPMorgan Chase Bank, CP (b) | 2,000,000 | 1,998,518 | |
Burke County Indl. Dev. Auth. Poll. Cont. Rev. (Georgia Pwr. Co. Plant Vogtle Proj.) Series 2012, 1.27% 3/2/20, VRDN (a)(b) | 2,665,000 | 2,665,000 | |
Monroe County Dev. Auth. Rev. (Florida Pwr. & Lt. Co. Proj.) Series 2019, 1.22% 3/2/20, VRDN (a)(b) | 6,565,000 | 6,565,000 | |
Private Colleges & Univs. Auth. Series 2020, 1.15% 5/14/20, CP | 3,000,000 | 2,999,309 | |
TOTAL GEORGIA | 20,764,951 | ||
Idaho - 0.5% | |||
Idaho Gen. Oblig. TAN Series 2019, 3% 6/30/20 | 13,500,000 | 13,594,233 | |
Idaho Hsg. & Fin. Assoc. Single Family Mtg. Series A, 1.36% 3/6/20 (Liquidity Facility Fannie Mae) (Liquidity Facility Freddie Mac), VRDN (a) | 1,590,000 | 1,590,000 | |
TOTAL IDAHO | 15,184,233 | ||
Illinois - 0.6% | |||
Chicago Board of Ed. Participating VRDN Series Floaters XG 01 08, 1.3% 3/6/20 (Liquidity Facility Barclays Bank PLC) (a)(f)(g) | 3,700,000 | 3,700,000 | |
Chicago Park District Gen. Oblig. Participating VRDN Series ROC II R 11935, 1.4% 3/6/20 (Liquidity Facility Citibank NA) (a)(f)(g) | 2,400,000 | 2,400,000 | |
Cook County Gen. Oblig. Participating VRDN Series 2015 XF0124, 1.38% 3/6/20 (Liquidity Facility JPMorgan Chase Bank) (a)(f)(g) | 1,280,000 | 1,280,000 | |
Illinois Edl. Facilities Auth. Rev. Series 2019, 1.16% 4/2/20, LOC Northern Trust Co., CP | 1,100,000 | 1,099,976 | |
Illinois Gen. Oblig. Participating VRDN: | |||
Series Floaters XM 01 86, 1.4% 3/6/20 (Liquidity Facility Deutsche Bank AG New York Branch) (a)(f)(g) | 1,000,000 | 1,000,000 | |
Series Floaters XM 07 11, 1.45% 3/6/20 (Liquidity Facility Deutsche Bank AG New York Branch) (a)(f)(g) | 7,400,000 | 7,400,000 | |
Illinois Hsg. Dev. Auth. Multi-family Hsg. Rev. Participating VRDN Series XF 10 87, 1.5% 3/6/20 (Liquidity Facility Deutsche Bank AG New York Branch) (a)(f)(g) | 1,000,000 | 1,000,000 | |
Metropolitan Pier & Exposition Participating VRDN Series Floaters XF 10 45, 1.3% 3/6/20 (Liquidity Facility Barclays Bank PLC) (a)(f)(g) | 1,620,000 | 1,620,000 | |
Village of Oswego Indl. Dev. (Griffith Laboratories Worldwide, Inc.) Series 1995, 1.35% 3/6/20, LOC Wells Fargo Bank NA, VRDN (a)(b) | 700,000 | 700,000 | |
TOTAL ILLINOIS | 20,199,976 | ||
Indiana - 0.5% | |||
Ctr. Grove Multi-Facility School Bldg. Corp. BAN Series 2019, 2.5% 12/15/20 | 3,200,000 | 3,210,055 | |
Hamilton County HealthCare Facilities Rev. Participating VRDN Series XF 10 26, 1.25% 3/6/20 (Liquidity Facility Deutsche Bank AG New York Branch) (a)(f)(g) | 650,000 | 650,000 | |
Indiana Dev. Fin. Auth. Envir. Rev. (PSI Energy Proj.): | |||
Series 2003 A, 1.22% 3/6/20, VRDN (a)(b) | 1,070,000 | 1,070,000 | |
Series 2003 B, 1.26% 3/6/20, VRDN (a)(b) | 4,750,000 | 4,750,000 | |
Indiana Dev. Fin. Auth. Indl. Dev. Rev. Series 2005, 1.26% 3/6/20, LOC U.S. Bank NA, Cincinnati, VRDN (a)(b)(d) | 300,000 | 300,000 | |
Indiana Fin. Auth. Econ. Dev. Rev. Series 2006, 1.35% 3/6/20, LOC PNC Bank NA, VRDN (a)(b) | 605,000 | 605,000 | |
Indiana Univ. Student Fee Revs. Series 2019: | |||
1.17% 5/11/20, CP | 2,000,000 | 1,999,867 | |
1.25% 3/24/20, CP | 3,050,000 | 3,050,011 | |
1.26% 5/11/20, CP | 1,325,000 | 1,324,988 | |
TOTAL INDIANA | 16,959,921 | ||
Kansas - 0.4% | |||
Baldwin City BAN Series 2020 A, 4.4% 3/1/21 | 2,000,000 | 2,067,306 | |
Wamego Kansas Poll. Cont. Rfdg. Rev. (Kansas Gas & Elec. Co. Proj.) Series 1994, 1.25% 3/6/20, VRDN (a) | 500,000 | 500,000 | |
Wichita Gen. Oblig. BAN Series 298, 4% 10/15/20 | 10,000,000 | 10,192,867 | |
TOTAL KANSAS | 12,760,173 | ||
Kentucky - 0.4% | |||
Kentucky State Property & Buildings Commission Rev. Participating VRDN Series XG 0113, 1.35% 3/6/20 (Liquidity Facility Barclays Bank PLC) (a)(f)(g) | 900,000 | 900,000 | |
Louisville & Jefferson County Reg'l. Arpt. Auth. Spl. Facilities Rev. (UPS Worldwide Forwarding, Inc. Proj.): | |||
Series 1999 A, 1.31% 3/2/20, VRDN (a)(b) | 5,900,000 | 5,900,000 | |
Series 1999 C, 1.3% 3/2/20, VRDN (a)(b) | 7,200,000 | 7,200,000 | |
TOTAL KENTUCKY | 14,000,000 | ||
Louisiana - 1.4% | |||
Saint James Parish Gen. Oblig. (Nucor Steel Louisiana LLC Proj.): | |||
Series 2010 A1, 1.29% 3/6/20, VRDN (a) | 11,800,000 | 11,800,000 | |
Series 2010 B1, 1.27% 3/6/20, VRDN (a) | 35,820,000 | 35,820,000 | |
TOTAL LOUISIANA | 47,620,000 | ||
Maryland - 0.9% | |||
Baltimore County Gen. Oblig. BAN Series 2019, 4% 3/19/20 | 17,300,000 | 17,325,848 | |
Baltimore Proj. Rev. Bonds Series Floaters G 42, 1.35%, tender 7/1/20 (Liquidity Facility Royal Bank of Canada) (a)(f)(g)(h) | 4,500,000 | 4,500,000 | |
Maryland Health & Higher Edl. Facilities Auth. Rev. Participating VRDN: | |||
Series 005, 1.3% 3/5/20 (Liquidity Facility Barclays Bank PLC) (a)(f)(g) | 1,200,000 | 1,200,000 | |
Series 006, 1.35% 4/10/20 (Liquidity Facility Barclays Bank PLC) (a)(f)(g) | 1,700,000 | 1,700,000 | |
Series XF 10 21, 1.25% 3/6/20 (Liquidity Facility Deutsche Bank AG New York Branch) (a)(f)(g) | 4,800,000 | 4,800,000 | |
TOTAL MARYLAND | 29,525,848 | ||
Massachusetts - 0.5% | |||
Massachusetts Bay Trans. Auth. Sales Tax Rev. Series 2020, 1.15% 4/2/20 (Liquidity Facility U.S. Bank NA, Cincinnati), CP | 2,000,000 | 1,999,981 | |
Massachusetts Edl. Fing. Auth. Rev. Participating VRDN Series Floaters XF 23 06, 1.4% 3/6/20 (Liquidity Facility Morgan Stanley Bank, West Valley City Utah) (a)(b)(f)(g) | 2,075,000 | 2,075,000 | |
Massachusetts Gen. Oblig. RAN Series 2019: | |||
4% 5/21/20 | 8,000,000 | 8,055,030 | |
4% 6/18/20 | 2,000,000 | 2,018,463 | |
Nahant BAN: | |||
Series 2019 A, 2.5% 6/26/20 | 500,000 | 502,153 | |
Series 2019 B, 2.5% 7/9/20 | 1,300,000 | 1,306,608 | |
Truro Massachusetts BAN Series 2019, 2.5% 6/19/20 | 1,300,000 | 1,305,487 | |
TOTAL MASSACHUSETTS | 17,262,722 | ||
Michigan - 0.9% | |||
Michigan Fin. Auth. Rev. RAN Series 2019 A: | |||
2% 8/20/20, LOC JPMorgan Chase Bank | 15,000,000 | 15,077,337 | |
4% 8/20/20 | 13,000,000 | 13,187,821 | |
Michigan Strategic Fund Ltd. Oblig. Rev. Series 2005, 1.35% 3/6/20, LOC PNC Bank NA, VRDN (a)(b) | 720,000 | 720,000 | |
Waterford School District RAN Series 2019, 2% 9/23/20 | 2,600,000 | 2,612,402 | |
TOTAL MICHIGAN | 31,597,560 | ||
Minnesota - 0.3% | |||
Shakopee Minn Sr Hsg. Rev. Participating VRDN Series Floaters 001, 1.4% 4/10/20 (Liquidity Facility Barclays Bank PLC) (a)(f)(g) | 5,000,000 | 5,000,000 | |
Univ. of Minnesota Gen. Oblig. Series G, 1.05% 3/10/20, CP | 4,000,000 | 3,999,830 | |
TOTAL MINNESOTA | 8,999,830 | ||
Mississippi - 0.2% | |||
Mississippi Bus. Fin. Corp. Rev. (Utils. Optimization LLC Proj.) Series 2002 A, 1.38% 3/6/20, LOC Cap. One Bank, VRDN (a)(b) | 450,000 | 450,000 | |
Mississippi Bus. Fin. Corp. Solid Waste Disp. Rev. (Gulf Pwr. Co. Proj.) Series 2012, 1.22% 3/2/20, VRDN (a)(b) | 5,960,000 | 5,960,000 | |
Mississippi Hosp. Equip. & Facilities Auth. Series III, 1.05% tender 3/5/20, CP mode | 1,800,000 | 1,799,997 | |
TOTAL MISSISSIPPI | 8,209,997 | ||
Missouri - 0.4% | |||
Curators of the Univ. of Missouri: | |||
Series 2020, 1.13% 5/21/20, CP | 6,500,000 | 6,498,809 | |
Series A, 1.2% 3/6/20, CP | 2,350,000 | 2,350,030 | |
Kansas City Indl. Dev. Auth. Participating VRDN Series XM 07 45, 1.37% 3/5/20 (Liquidity Facility Morgan Stanley Bank, West Valley City Utah) (a)(b)(f)(g) | 3,500,000 | 3,500,000 | |
TOTAL MISSOURI | 12,348,839 | ||
Nebraska - 0.0% | |||
Stanton County Indl. Dev. Rev. Series 1998, 1.33% 3/6/20, VRDN (a)(b) | 125,000 | 125,000 | |
Nevada - 0.0% | |||
Sparks Econ. Dev. Rev. (RIX Industries Proj.) Series 2002, 1.38% 3/6/20, LOC Wells Fargo Bank NA, VRDN (a)(b) | 120,000 | 120,000 | |
New Jersey - 0.6% | |||
Asbury Park Gen. Oblig. BAN Series 2019, 2.5% 7/9/20 | 3,100,000 | 3,115,647 | |
Burlington County Bridge Commission Lease Rev. BAN (Governmental Leasing Prog.) Series 2019 B, 2.75% 4/17/20 | 5,000,000 | 5,011,049 | |
Millburn Township Gen. Oblig. BAN Series 2019, 2.25% 6/12/20 | 1,400,000 | 1,404,750 | |
Millstone Township Gen. Oblig. BAN Series 2019, 2.25% 8/28/20 | 2,900,000 | 2,917,349 | |
Passaic Gen. Oblig. BAN Series 2019, 2.25% 8/27/20 | 1,600,000 | 1,609,050 | |
Warren Township School District BAN Series 2019, 2.5% 7/23/20 | 2,246,000 | 2,257,089 | |
Wood-Ridge Gen. Oblig. BAN Series 2019, 2% 9/11/20 | 3,000,000 | 3,015,351 | |
TOTAL NEW JERSEY | 19,330,285 | ||
New York - 7.0% | |||
Binghamton Gen. Oblig. BAN Series 2019 B, 3.5% 4/17/20 | 5,000,000 | 5,015,397 | |
Broome County Gen. Oblig. BAN Series 2019 A, 2.5% 5/1/20 | 5,000,000 | 5,012,368 | |
Build NYC FC Hanson Office Assn. Participating VRDN Series BAML 50 20, 1.38% 3/6/20 (Liquidity Facility Bank of America NA) (a)(b)(f)(g) | 8,800,000 | 8,800,000 | |
Galway Cent School District BAN Series 2019, 3% 4/30/20 | 5,000,000 | 5,015,270 | |
Hempstead Union Free School District TAN Series 2019, 2.5% 6/25/20 | 2,000,000 | 2,009,358 | |
Middletown BAN Series 2019, 2% 8/27/20 | 16,419,175 | 16,500,179 | |
Nassau County Gen. Oblig.: | |||
BAN Series 2019 A, 5% 6/1/20 | 11,500,000 | 11,616,564 | |
RAN Series A, 2% 12/9/20 | 10,000,000 | 10,080,248 | |
Nassau County IDA Bryant Landing Participating VRDN Series BAML 50 18, 1.38% 3/6/20 (Liquidity Facility Bank of America NA) (a)(b)(f)(g) | 7,400,000 | 7,400,000 | |
New York City Gen. Oblig. Series 2006, 1.25% 3/6/20 (FSA Insured), VRDN (a) | 7,625,000 | 7,625,000 | |
New York Metropolitan Trans. Auth. Rev.: | |||
BAN: | |||
Series 2018 B: | |||
5% 5/15/21 | 12,000,000 | 12,579,840 | |
5% 5/15/21 | 570,000 | 597,542 | |
Series 2018 B1, 5% 5/15/20 | 5,375,000 | 5,419,180 | |
Series 2018 C, 5% 9/1/21 | 4,030,000 | 4,272,243 | |
Series 2019 B, 5% 5/15/22 | 9,910,000 | 10,750,170 | |
Series 2019 C, 4% 7/1/20 | 7,000,000 | 7,071,475 | |
Series 2019 D1, 5% 9/1/22 | 30,600,000 | 33,664,284 | |
Series 2019 E, 4% 9/1/20 | 10,000,000 | 10,150,590 | |
Participating VRDN Series XX 11 13, 1.23% 3/6/20 (Liquidity Facility Barclays Bank PLC) (a)(f)(g) | 2,100,000 | 2,100,000 | |
New York Pwr. Auth. Series 1, 1.13% 5/5/20, CP | 5,000,000 | 4,998,985 | |
New York Thruway Auth. Gen. Rev. Participating VRDN Series XM 08 19, 1.23% 3/6/20 (Liquidity Facility JPMorgan Chase Bank) (a)(f)(g) | 500,000 | 500,000 | |
Port Chester-Rye BAN Series 2019, 2.5% 6/12/20 | 10,000,000 | 10,039,999 | |
Poughkeepsie Gen. Oblig. BAN Series 2019 A, 3% 5/2/20 | 1,417,544 | 1,420,376 | |
Rockland County Gen. Oblig. TAN Series 2019, 3% 4/2/20 | 5,800,000 | 5,809,402 | |
Smithtown Central School District TAN Series 2019, 1.75% 6/26/20 | 1,500,000 | 1,503,965 | |
South Glens Falls Central School District BAN Series 2019 B, 2.5% 7/24/20 | 600,000 | 603,221 | |
Suffolk County Gen. Oblig.: | |||
RAN Series 2019, 2% 3/20/20 | 10,000,000 | 10,005,154 | |
TAN Series I, 2.5% 7/23/20 | 32,000,000 | 32,186,928 | |
Village of Island Park BAN Series 2019 A, 3% 3/5/20 | 2,442,000 | 2,442,418 | |
TOTAL NEW YORK | 235,190,156 | ||
Non-State Specific - 0.1% | |||
Pittsburg WTSW Participating VRDN Series 50 27, 1.4% 3/2/20 (Liquidity Facility JPMorgan Chase Bank) (a)(b)(f)(g) | 3,000,000 | 3,000,000 | |
North Carolina - 0.1% | |||
Alamance County Idnl Facilities Poll Fing. Auth. Series 2001, 1.33% 3/6/20, LOC Wells Fargo Bank NA, VRDN (a)(b) | 400,000 | 400,000 | |
Hertford County Indl. Facilities Poll. Cont. Fing. Auth. Series 2000 B, 1.31% 3/6/20, VRDN (a)(b) | 500,000 | 500,000 | |
North Carolina Eastern Muni. Pwr. Agcy. Pwr. Sys. Rev. Participating VRDN Series XG 01 35, 1.32% 3/6/20 (Liquidity Facility Deutsche Bank AG New York Branch) (a)(f)(g) | 2,025,000 | 2,025,000 | |
TOTAL NORTH CAROLINA | 2,925,000 | ||
Ohio - 0.6% | |||
Coshocton City BAN Series 2020, 2.5% 2/18/21 | 1,245,000 | 1,261,136 | |
Finneytown Local School District BAN Series 2020, 2.25% 4/15/20 | 2,500,000 | 2,503,448 | |
Forest Park Gen. Oblig. BAN Series 2019, 2.5% 5/27/20 | 600,000 | 601,797 | |
Newark Gen. Oblig. BAN Series 2020, 2.75% 9/24/20 (e) | 965,000 | 972,633 | |
Ohio Higher Edl. Facility Commission Rev. Series B5, 1.13% tender 3/19/20, CP mode | 4,000,000 | 3,999,972 | |
Ohio Indl. Dev. Rev. Series 2000, 1.38% 3/5/20, LOC JPMorgan Chase Bank, VRDN (a)(b) | 900,000 | 900,000 | |
Tipp City BAN Series 2020 A, 2% 2/11/21 | 1,000,000 | 1,008,406 | |
Trumbull County BAN Series 2019 2, 2% 7/23/20 | 2,375,000 | 2,383,687 | |
Union Township Clermont County Gen. Oblig. BAN Series 2019, 2.25% 9/2/20 | 5,000,000 | 5,033,349 | |
TOTAL OHIO | 18,664,428 | ||
Pennsylvania - 0.7% | |||
Montgomery County Higher Ed. & Health Auth. Rev. Series 2018 D, 1.29% 3/6/23, VRDN (a) | 4,100,000 | 4,100,000 | |
Pennsylvania Econ. Dev. Participating VRDN Series XM 0048, 1.25% 3/6/20 (Liquidity Facility Deutsche Bank AG New York Branch) (a)(f)(g) | 3,300,000 | 3,300,000 | |
Pennsylvania Econ. Dev. Fing. Auth. Indl. Dev. Rev. Series A4, 1.35% 3/6/20, LOC PNC Bank NA, VRDN (a)(b) | 300,000 | 300,000 | |
Pennsylvania Higher Edl. Facilities Auth. Rev. Series 2015 B, 1.29% 3/6/23, VRDN (a) | 8,135,000 | 8,135,000 | |
Philadelphia Arpt. Rev. Series 2019, 1.21% 3/19/20, LOC Wells Fargo Bank NA, CP (b) | 3,000,000 | 3,000,061 | |
Philadelphia School District TRAN Series 2019 C, 4% 3/31/20 | 5,500,000 | 5,513,387 | |
TOTAL PENNSYLVANIA | 24,348,448 | ||
South Carolina - 0.3% | |||
Berkeley County Indl. Dev. Rev.: | |||
(Nucor Corp. Proj.) Series 1997, 1.33% 3/6/20, VRDN (a)(b) | 1,100,000 | 1,100,000 | |
Series A, 1.28% 3/6/20, VRDN (a)(b) | 600,000 | 600,000 | |
Greenville Hosp. Sys. Facilities Rev. Participating VRDN Series XF 01 45, 1.25% 3/6/20 (a)(f)(g) | 8,020,000 | 8,020,000 | |
South Carolina Pub. Svc. Auth. Rev. Participating VRDN: | |||
Series Floaters XG 02 09, 1.55% 3/6/20 (Liquidity Facility Toronto-Dominion Bank) (a)(f)(g) | 1,000,000 | 1,000,000 | |
Series Floaters XM 02 91, 1.4% 3/6/20 (Liquidity Facility Royal Bank of Canada) (a)(f)(g) | 300,000 | 300,000 | |
South Carolina St. Pub. Svc. Auth. Rev. Participating VRDN Series XG 0046, 1.55% 3/6/20 (Liquidity Facility Toronto-Dominion Bank) (a)(f)(g) | 80,000 | 80,000 | |
TOTAL SOUTH CAROLINA | 11,100,000 | ||
Tennessee - 0.2% | |||
Chattanooga Health Ed. & Hsg. Facility Board Rev. (Catholic Health Initiatives Proj.) Series C, 1.26% 3/6/20, VRDN (a) | 1,910,000 | 1,910,000 | |
Tennessee Gen. Oblig. Series 2019, 1.15% 4/8/20 (Liquidity Facility Tennessee Consldatd Retire Sys.), CP | 3,000,000 | 3,000,020 | |
TOTAL TENNESSEE | 4,910,020 | ||
Texas - 5.1% | |||
Cap. Area Hsg. Fin. Corp. Multi-family Hsg. Rev. Series 2006, 1.23% 3/6/20, LOC Citibank NA, VRDN (a)(b) | 3,065,000 | 3,065,000 | |
Dallas Fort Worth Int'l. Arpt. Rev. Participating VRDN Series Floaters XF 10 61, 1.35% 3/6/20 (Liquidity Facility Deutsche Bank AG New York Branch) (a)(b)(f)(g) | 2,880,000 | 2,880,000 | |
Deutsche Spears/Lifers Trust Participating VRDN Series Floaters XG 00 58, 1.27% 3/6/20 (Liquidity Facility Deutsche Bank AG) (a)(f)(g) | 1,085,000 | 1,085,000 | |
Garland Util. Sys. Rev. Series 2018, 1.25% 3/4/20, LOC Bank of America NA, CP | 2,000,000 | 2,000,010 | |
Gulf Coast Waste Disp. Auth. Envir. Facilities Rev. (ExxonMobil Proj.) Series 2001 B, 1.24% 3/2/20, VRDN (a)(b) | 5,700,000 | 5,700,000 | |
Harris County Cultural Ed. Facilities Fin. Corp. Rev.: | |||
Series 2016 B3, 1.22% tender 5/4/20, CP mode | 5,000,000 | 4,998,728 | |
Series 2019, 1.15% tender 5/19/20, CP mode | 6,390,000 | 6,389,530 | |
Harris County Gen. Oblig. Series D, 1.1% 5/7/20 (Liquidity Facility JPMorgan Chase Bank), CP | 2,500,000 | 2,499,572 | |
Houston Arpt. Sys. Rev.: | |||
Series 2020, 1.1% 3/6/20, LOC Sumitomo Mitsui Banking Corp., CP (b) | 4,000,000 | 3,999,915 | |
Series A, 1.1% 3/4/20, LOC Sumitomo Mitsui Banking Corp., CP (b) | 7,300,000 | 7,299,880 | |
Houston Gen. Oblig. TRAN Series 2019, 3% 6/26/20 | 5,000,000 | 5,032,598 | |
Lower Colorado River Auth. Rev. Series 2020, 1.16% 4/9/20, LOC JPMorgan Chase Bank, LOC State Street Bank & Trust Co., Boston, CP | 5,500,000 | 5,499,945 | |
North Texas Tollway Auth. Rev. Participating VRDN Series XM0085, 1.3% 3/6/20 (Liquidity Facility Barclays Bank PLC) (a)(f)(g) | 2,100,000 | 2,100,000 | |
Port Arthur Navigation District Envir. Facilities Rev. (Motiva Enterprises LLC Proj.): | |||
Series 2004, 1.39% 3/6/20, VRDN (a)(b) | 31,915,000 | 31,915,000 | |
Series 2010 C, 1.29% 3/2/20, VRDN (a) | 1,620,000 | 1,620,000 | |
Series 2010 D: | |||
1.34% 3/6/20, VRDN (a) | 4,300,000 | 4,300,000 | |
1.35% 3/6/20, VRDN (a) | 1,700,000 | 1,700,000 | |
Tarrant County Cultural Ed. Facilities Fin. Corp. Hosp. Rev. Participating VRDN Series 021, 1.35% 4/10/20 (Liquidity Facility Barclays Bank PLC) (a)(f)(g) | 8,200,000 | 8,200,000 | |
Texas A&M Univ. Rev. Series 2019, 1.15% 5/5/20, CP | 1,550,000 | 1,549,906 | |
Texas Gen. Oblig.: | |||
Series 2004 B, 1.23% 3/6/20 (Liquidity Facility State Street Bank & Trust Co., Boston), VRDN (a)(b) | 6,655,000 | 6,655,000 | |
Series 2012 B, 1.18% 3/6/20 (Liquidity Facility State Street Bank & Trust Co., Boston), VRDN (a) | 400,000 | 400,000 | |
TRAN Series 2019, 4% 8/27/20 | 43,000,000 | 43,664,088 | |
Texas Private Activity Bond Surface Trans. Corp. Participating VRDN Series XM 07 56, 1.4% 3/6/20 (Liquidity Facility Deutsche Bank AG New York Branch) (a)(b)(f)(g) | 2,100,000 | 2,100,000 | |
Texas Pub. Fin. Auth. Rev. Series 2008, 1.05% 5/5/20 (Liquidity Facility Texas Comptroller Pub. Accounts), CP | 5,000,000 | 4,998,711 | |
Texas Trans. Commission Participating VRDN Series XM 07 53, 1.4% 3/6/20 (Liquidity Facility Deutsche Bank AG New York Branch) (a)(f)(g) | 1,700,000 | 1,700,000 | |
Univ. of Texas Board of Regents Sys. Rev. Series A: | |||
1.02% 5/15/20 (Liquidity Facility Univ. of Texas Invt. Mgmt. Co.), CP | 4,000,000 | 3,998,559 | |
1.13% 7/2/20 (Liquidity Facility Univ. of Texas Invt. Mgmt. Co.), CP | 7,500,000 | 7,496,651 | |
TOTAL TEXAS | 172,848,093 | ||
Utah - 0.2% | |||
Salt Lake City Arpt. Rev. Participating VRDN: | |||
Series 17 ZF 0540, 1.35% 3/6/20 (Liquidity Facility JPMorgan Chase Bank) (a)(f)(g) | 1,500,000 | 1,500,000 | |
Series Floaters XM 06 99, 1.45% 3/6/20 (Liquidity Facility Cr. Suisse AG) (a)(b)(f)(g) | 6,600,000 | 6,600,000 | |
TOTAL UTAH | 8,100,000 | ||
Virginia - 0.3% | |||
Longwood Hsg. Foundation LLC Participating VRDN Series DBE 80 39, 1.5% 3/6/20 (Liquidity Facility Deutsche Bank AG New York Branch) (a)(f)(g) | 4,000,000 | 4,000,000 | |
Suffolk Hsg. Auth. Mfam Apts Participating VRDN Series XF 10 86, 1.5% 3/6/20 (Liquidity Facility Deutsche Bank AG New York Branch) (a)(f)(g) | 5,625,000 | 5,625,000 | |
TOTAL VIRGINIA | 9,625,000 | ||
Washington - 0.2% | |||
Kitsap County Indl. Dev. Corpre (Cara Land Co., L.L.C. Proj.) Series 2006, 1.38% 3/6/20, LOC Wells Fargo Bank NA, VRDN (a)(b) | 625,000 | 625,000 | |
Port Chehalis Indl. Dev. Rev. (JLT Holding, LLC Proj.) Series 2003, 1.28% 3/6/20, LOC Wells Fargo Bank NA, VRDN (a)(b) | 855,000 | 855,000 | |
Washington Econ. Dev. Fin. Auth. Rev. Participating VRDN Series Floaters 005, 1.5% 4/10/20 (Liquidity Facility Barclays Bank PLC) (a)(b)(f)(g) | 5,200,000 | 5,200,000 | |
Washington Health Care Facilities Auth. Rev. Participating VRDN Series Floaters XG 00 51, 1.3% 3/6/20 (Liquidity Facility Deutsche Bank AG New York Branch) (a)(f)(g) | 800,000 | 800,000 | |
TOTAL WASHINGTON | 7,480,000 | ||
Wisconsin - 0.4% | |||
Brodhead Indl. Dev. Series 2000, 1.3% 3/5/20, LOC JPMorgan Chase Bank, VRDN (a)(b) | 800,000 | 800,000 | |
Deutsche Bank Spears/Lifers Trust Participating VRDN Series Floaters XF 10 28, 1.22% 3/6/20 (Liquidity Facility Deutsche Bank AG) (a)(f)(g) | 2,370,000 | 2,370,000 | |
JPMorgan Chase Participating VRDN Series Floaters XF 01 27, 1.33% 3/6/20 (a)(f)(g) | 1,060,000 | 1,060,000 | |
Milwaukee Gen. Oblig. RAN Series 2019 R2: | |||
3% 5/7/20 | 5,000,000 | 5,018,302 | |
4% 5/7/20 | 5,000,000 | 5,027,287 | |
TOTAL WISCONSIN | 14,275,589 | ||
TOTAL MUNICIPAL NOTES | |||
(Cost $974,613,897) | 975,682,907 | ||
Shares | Value | ||
Municipal Bond Funds - 3.3% | |||
JPMorgan Ultra-Short Municipal Fund Class I | 9,955,356 | $100,250,436 | |
Nuveen AMT-Free Quality Municipal Income Fund Preferred Shares 1.5%(a)(i) | 5,000,000 | 5,000,000 | |
Nuveen NY AMT-Free Quality Municipal Income Fund Preferred Shares 1.45%(a)(d)(i) | 6,800,000 | 6,800,000 | |
TOTAL MUNICIPAL BOND FUNDS | |||
(Cost $111,980,598) | 112,050,436 | ||
Money Market Funds - 10.2% | |||
Fidelity Investments Money Market Government Portfolio Institutional Class 1.50% (j)(k) | 54,762,088 | 54,762,088 | |
Fidelity Municipal Cash Central Fund 1.19%(l)(m) | 25,315,468 | 25,318,000 | |
Fidelity SAI Municipal Money Market Fund 1.19% (j)(k) | 256,465,131 | 256,465,050 | |
State Street Institutional U.S. Government Money Market Fund Premier Class 1.53% (j) | 5,484,886 | 5,484,886 | |
TOTAL MONEY MARKET FUNDS | |||
(Cost $342,021,291) | 342,030,024 | ||
TOTAL INVESTMENT IN SECURITIES - 100.9% | |||
(Cost $3,378,285,167) | 3,396,549,562 | ||
NET OTHER ASSETS (LIABILITIES) - (0.9)% | (31,884,984) | ||
NET ASSETS - 100% | $3,364,664,578 |
Security Type Abbreviations
BAN – BOND ANTICIPATION NOTE
CP – COMMERCIAL PAPER
RAN – REVENUE ANTICIPATION NOTE
TAN – TAX ANTICIPATION NOTE
TRAN – TAX AND REVENUE ANTICIPATION NOTE
VRDN – VARIABLE RATE DEMAND NOTE (A debt instrument that is payable upon demand, either daily, weekly or monthly)
Legend
(a) Coupon rates for floating and adjustable rate securities reflect the rates in effect at period end.
(b) Private activity obligations whose interest is subject to the federal alternative minimum tax for individuals.
(c) Coupon is indexed to a floating interest rate which may be multiplied by a specified factor and/or subject to caps or floors.
(d) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $14,511,104 or 0.4% of net assets.
(e) Security or a portion of the security purchased on a delayed delivery or when-issued basis.
(f) Provides evidence of ownership in one or more underlying municipal bonds.
(g) Coupon rates are determined by re-marketing agents based on current market conditions.
(h) Restricted securities (including private placements) - Investment in securities not registered under the Securities Act of 1933 (excluding 144A issues). At the end of the period, the value of restricted securities (excluding 144A issues) amounted to $4,500,000 or 0.1% of net assets.
(i) Non-income producing
(j) The rate quoted is the annualized seven-day yield of the fund at period end.
(k) Affiliated Fund
(l) Affiliated fund that is available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
(m) Information in this report regarding holdings by state and security types does not reflect the holdings of the Fidelity Municipal Cash Central Fund.
Additional information on each restricted holding is as follows:
Security | Acquisition Date | Acquisition Cost |
Baltimore Proj. Rev. Bonds Series Floaters G 42, 1.35%, tender 7/1/20 (Liquidity Facility Royal Bank of Canada) | 1/2/20 | $4,500,000 |
Affiliated Central Funds
Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:
Fund | Income earned |
Fidelity Cash Central Fund | $65 |
Fidelity Municipal Cash Central Fund | 241,059 |
Total | $241,124 |
Amounts in the income column in the above table include any capital gain distributions from underlying funds.
Affiliated Underlying Funds
Fiscal year to date information regarding the Fund's investments in affiliated Underlying Funds, excluding any Money Market Central Funds, is presented below. Exchanges between classes of the same affiliated Underlying Funds may occur.
Affiliate | Value, beginning of period | Purchases | Sales Proceeds | Dividend Income | Realized Gain (loss) | Change in Unrealized appreciation (depreciation) | Value, end of period |
Fidelity Investments Money Market Government Portfolio Institutional Class 1.50% | $200,078,086 | $78,835,808 | $224,151,806 | $3,108,489 | $-- | $-- | $54,762,088 |
Fidelity SAI Municipal Money Market Fund 1.19% | 281,762,299 | 68,303,306 | 93,577,193 | 2,163,879 | 4,833 | (28,195) | 256,465,050 |
Total | $481,840,385 | $147,139,114 | $317,728,999 | $5,272,368 | $4,833 | $(28,195) | $311,227,138 |
Amounts in the income column in the above table include any capital gain distributions from underlying funds.
Investment Valuation
Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Security transactions are accounted for as of trade date. The Board of Trustees (the Board) has delegated the day to day responsibility for the valuation of the Fund's investments to the Fair Value Committee (the Committee) established by the Fund's investment adviser. In accordance with valuation policies and procedures approved by the Board, the Fund attempts to obtain prices from one or more third party pricing vendors or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with procedures adopted by the Board. Factors used in determining fair value vary by investment type and may include market or investment specific events, changes in interest rates and credit quality. The frequency with which these procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee oversees the Fund’s valuation policies and procedures and reports to the Board on the Committee's activities and fair value determinations. The Board monitors the appropriateness of the procedures used in valuing the Fund's investments and ratifies the fair value determinations of the Committee. The Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels: Level 1 - quoted prices in active markets for identical investments: Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds etc.): Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available). Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. Valuation techniques used to value the Fund's investments by major category are as follows:
Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing vendors or from brokers who make markets in such securities. Municipal securities are valued by pricing vendors who utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type or by broker supplied prices.
When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing vendors. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.
Investments in open-end mutual funds, including the Fidelity Central Funds, are valued at their closing net asset value each business day and are categorized as Level 1 in the hierarchy.
If an unaffiliated Underlying Fund's net asset value is unavailable, shares of that fund may be valued by another method that the Board believes reflects fair value in accordance with the Board's fair value pricing policies and is categorized as Level 2 in the hierarchy.
For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.
The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.
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