Bridge Builder Municipal Bond Fund
Schedule of Investments
March 31, 2020 (Unaudited)
Principal Amount | Value | |||||||
MUNICIPAL BONDS – 95.64% | ||||||||
Alabama – 1.33% | ||||||||
Alabama Federal Aid Highway Finance Authority | ||||||||
5.00%, 09/01/2031 | $ | 4,845,000 | $ | 5,598,979 | ||||
5.00%, 09/01/2036 | 10,000,000 | 11,864,600 | ||||||
Alabama Public School & College Authority | ||||||||
5.00%, 06/01/2035 | 4,000,000 | 4,626,000 | ||||||
Black Belt Energy Gas District | ||||||||
4.00%, 07/01/2046(1) | 395,000 | 399,377 | ||||||
4.00%, 10/01/2049(1) | 2,000,000 | 2,096,480 | ||||||
County of Jefferson AL | ||||||||
5.00%, 04/01/2021 | 1,085,000 | 1,124,320 | ||||||
5.00%, 04/01/2023 | 1,550,000 | 1,711,743 | ||||||
County of Jefferson AL Sewer Revenue | ||||||||
5.00%, 10/01/2044 | 1,500,000 | 1,664,550 | ||||||
5.25%, 10/01/2048 | 1,650,000 | 1,840,014 | ||||||
5.50%, 10/01/2053 | 715,000 | 801,644 | ||||||
Homewood Educational Building Authority | ||||||||
4.00%, 12/01/2038 | 1,385,000 | 1,525,425 | ||||||
Lower Alabama Gas District | ||||||||
4.00%, 12/01/2050(1) | 15,610,000 | 16,236,273 | ||||||
Mobile County Board of School Commissioners | ||||||||
5.00%, 03/01/2028 | 1,030,000 | 1,218,964 | ||||||
Montgomery Medical Clinic Board | ||||||||
5.00%, 03/01/2029 | 1,000,000 | 1,136,720 | ||||||
Selma Industrial Development Board | ||||||||
5.80%, 05/01/2034 | 2,900,000 | 2,904,437 | ||||||
Southeast Alabama Gas Supply District | ||||||||
1.91% (1 Month LIBOR USD + 0.85%), 06/01/2049(2) | 5,365,000 | 5,320,846 | ||||||
4.00%, 06/01/2049(1) | 11,010,000 | 11,391,386 | ||||||
Tuscaloosa County Industrial Development Authority | ||||||||
4.50%, 05/01/2032(3) | 615,000 | 584,662 | ||||||
5.25%, 05/01/2044(3) | 4,085,000 | 3,928,177 | ||||||
University of Alabama | ||||||||
4.00%, 01/06/2033 | 1,070,000 | 1,218,537 | ||||||
Water Works Board of the City of Birmingham | ||||||||
5.00%, 01/01/2023 | 430,000 | 471,925 | ||||||
|
| |||||||
Total Alabama | 77,665,059 | |||||||
|
| |||||||
Alaska – 0.10% | ||||||||
Alaska Industrial Development & Export Authority | ||||||||
5.00%, 10/01/2030 | 1,385,000 | 1,710,988 | ||||||
Borough of North Slope AK | ||||||||
5.00%, 06/30/2021 | 305,000 | 307,943 | ||||||
City of Valdez AK | ||||||||
5.00%, 01/01/2021 | 4,000,000 | 4,042,480 | ||||||
|
| |||||||
Total Alaska | 6,061,411 | |||||||
|
|
Arizona – 3.20% | ||||||||
Arizona Health Facilities Authority | ||||||||
4.00%, 01/01/2043 | 24,000,000 | 24,413,280 | ||||||
4.92%, 01/01/2029(1) | 7,125,000 | 7,125,000 | ||||||
5.00%, 02/01/2042 | 2,000,000 | 2,087,720 | ||||||
Arizona Industrial Development Authority | ||||||||
5.00%, 07/01/2049(3) | 650,000 | 549,835 | ||||||
5.00%, 07/15/2049(3) | 500,000 | 470,700 | ||||||
5.50%, 07/01/2052(3) | 655,000 | 593,830 | ||||||
Chandler Industrial Development Authority | ||||||||
5.00%, 06/01/2049(1) | 18,960,000 | 21,007,680 | ||||||
City of Glendale AZ | ||||||||
5.00%, 07/01/2030 | 1,780,000 | 2,182,476 | ||||||
City of Mesa AZ | ||||||||
4.00%, 07/01/2028 | 1,265,000 | 1,477,798 | ||||||
City of Phoenix AZ | ||||||||
4.00%, 07/01/2022 | 900,000 | 957,753 | ||||||
City of Phoenix Civic Improvement Corp. | ||||||||
4.00%, 07/01/2045 | 5,000,000 | 5,404,000 | ||||||
5.00%, 07/01/2026 | 1,675,000 | 1,949,097 | ||||||
5.00%, 07/01/2027 | 3,000,000 | 3,544,500 | ||||||
5.00%, 07/01/2028 | 4,440,000 | 5,314,414 | ||||||
5.00%, 07/01/2029 | 12,865,000 | 14,011,014 | ||||||
5.00%, 07/01/2030 | 1,500,000 | 1,633,125 | ||||||
5.00%, 07/01/2032 | 800,000 | 929,944 | ||||||
5.00%, 07/01/2036 | 3,000,000 | 3,513,240 | ||||||
5.00%, 07/01/2042 | 540,000 | 613,985 | ||||||
County of Pima AZ Sewer System Revenue | ||||||||
5.00%, 07/01/2022 | 10,000,000 | 10,851,400 | ||||||
Glendale Industrial Development Authority | ||||||||
4.00%, 07/01/2028 | 300,000 | 276,084 | ||||||
5.00%, 07/01/2033 | 435,000 | 426,304 | ||||||
5.00%, 07/01/2038 | 450,000 | 432,770 | ||||||
5.00%, 07/01/2048 | 915,000 | 846,009 | ||||||
Industrial Development Authority of the City of Phoenix | ||||||||
1.10%, 12/01/2035(1) | 14,500,000 | 14,496,810 | ||||||
5.00%, 07/01/2033 | 415,000 | 466,365 | ||||||
5.00%, 07/01/2034 | 765,000 | 856,280 | ||||||
5.00%, 07/01/2037 | 4,750,000 | 5,313,112 | ||||||
5.00%, 07/01/2038 | 1,295,000 | 1,428,786 | ||||||
5.00%, 07/01/2049 | 525,000 | 572,528 | ||||||
Industrial Development Authority of the County of Pima | ||||||||
4.75%, 06/15/2037(3) | 2,250,000 | 2,008,350 | ||||||
Industrial Development Authority of the County of Yavapai | ||||||||
1.10%, 04/01/2029(1) | 4,100,000 | 4,098,893 | ||||||
2.20%, 03/01/2028(1) | 2,100,000 | 2,030,574 | ||||||
Maricopa County Industrial Development Authority | ||||||||
5.00%, 01/01/2046(1) | 3,175,000 | 3,755,168 | ||||||
5.00%, 07/01/2047 | 1,000,000 | 1,160,260 | ||||||
5.00%, 01/01/2048(1) | 1,000,000 | 1,142,350 | ||||||
5.00%, 01/01/2048(1) | 1,300,000 | 1,411,150 | ||||||
5.75%, 01/01/2036(3) | 500,000 | 493,330 | ||||||
6.00%, 01/01/2048(3) | 635,000 | 585,210 | ||||||
Maricopa County Special Health Care District | ||||||||
5.00%, 07/01/2025 | 5,000,000 | 5,927,450 | ||||||
5.00%, 07/01/2026 | 7,000,000 | 8,496,180 |
McAllister Academic Village LLC | ||||||||
5.00%, 07/01/2021 | 200,000 | 209,606 | ||||||
Salt River Project Agricultural Improvement & Power District | ||||||||
5.00%, 01/01/2022 | 1,200,000 | 1,282,260 | ||||||
5.00%, 01/01/2024 | 1,600,000 | 1,819,456 | ||||||
5.00%, 01/01/2033 | 1,000,000 | 1,249,420 | ||||||
Salt Verde Financial Corp. | ||||||||
5.00%, 12/01/2037 | 3,500,000 | 4,118,240 | ||||||
State of Arizona | ||||||||
5.00%, 10/01/2020 | 840,000 | 855,733 | ||||||
5.00%, 10/01/2021 | 740,000 | 782,054 | ||||||
5.00%, 10/01/2024 | 1,075,000 | 1,242,722 | ||||||
Tempe Industrial Development Authority | ||||||||
4.00%, 10/01/2023(3) | 1,250,000 | 1,211,900 | ||||||
5.00%, 12/01/2050 | 500,000 | 420,455 | ||||||
5.00%, 12/01/2054 | 750,000 | 622,260 | ||||||
6.00%, 10/01/2037(3) | 40,000 | 40,408 | ||||||
6.13%, 10/01/2047(3) | 80,000 | 80,645 | ||||||
6.13%, 10/01/2052(3) | 80,000 | 80,597 | ||||||
University of Arizona | ||||||||
5.00%, 06/01/2038 | 1,955,000 | 2,458,940 | ||||||
5.00%, 06/01/2039 | 860,000 | 1,079,291 | ||||||
Western Maricopa Education Center District No 402 | ||||||||
5.00%, 07/01/2022 | 2,000,000 | 2,170,280 | ||||||
5.00%, 07/01/2024 | 320,000 | 369,744 | ||||||
5.00%, 07/01/2025 | 1,410,000 | 1,674,685 | ||||||
|
| |||||||
Total Arizona | 186,623,450 | |||||||
|
| |||||||
Arkansas – 0.18% | ||||||||
Arkansas Development Finance Authority | ||||||||
1.20%, 03/01/2024(1) | 5,000,000 | 4,956,650 | ||||||
1.37%, 09/01/2023(1) | 3,000,000 | 2,987,160 | ||||||
4.50%, 09/01/2049(3) | 2,900,000 | 2,591,324 | ||||||
|
| |||||||
Total Arkansas | 10,535,134 | |||||||
|
| |||||||
California – 3.55% | ||||||||
Abag Finance Authority for Nonprofit Corps | ||||||||
5.00%, 08/01/2033 | 1,300,000 | 1,432,990 | ||||||
Alameda Corridor Transportation Authority | ||||||||
5.00%, 10/01/2036 | 2,500,000 | 2,772,850 | ||||||
5.00%, 10/01/2037 | 2,000,000 | 2,213,080 | ||||||
Alisal Union School District | ||||||||
5.25%, 08/01/2042 | 740,000 | 890,242 | ||||||
Bay Area Toll Authority | ||||||||
2.10%, 04/01/2045(1) | 2,790,000 | 2,837,793 | ||||||
2.85%, 04/01/2047(1) | 1,000,000 | 1,063,990 | ||||||
2.95%, 04/01/2047(1) | 1,170,000 | 1,265,191 | ||||||
5.96% (SIFMA Municipal Swap Index Yield + 1.25%), 04/01/2036(2) | 1,000,000 | 1,047,160 | ||||||
California Health Facilities Financing Authority | ||||||||
1.25%, 10/01/2036(1) | 2,500,000 | 2,501,850 | ||||||
5.00%, 11/01/2032(1) | 1,400,000 | 1,530,872 | ||||||
5.00%, 07/01/2034(1) | 1,710,000 | 1,834,898 | ||||||
5.63%, 07/01/2025 | 2,130,000 | 2,136,859 | ||||||
California Housing Finance | ||||||||
4.00%, 03/20/2033 | 498,146 | 528,468 | ||||||
4.25%, 01/15/2035 | 525,712 | 563,516 |
California Municipal Finance Authority | ||||||||
4.00%, 08/15/2037 | 1,560,000 | 1,619,483 | ||||||
4.00%, 08/15/2042 | 1,000,000 | 1,026,310 | ||||||
5.00%, 08/15/2029 | 1,000,000 | 1,246,710 | ||||||
5.00%, 12/31/2029 | 2,300,000 | 2,555,254 | ||||||
5.00%, 08/15/2034 | 1,065,000 | 1,297,947 | ||||||
5.00%, 12/31/2043 | 10,835,000 | 11,549,352 | ||||||
5.00%, 12/31/2047 | 555,000 | 587,656 | ||||||
5.00%, 05/15/2049 | 1,000,000 | 1,060,690 | ||||||
5.00%, 10/01/2049(3) | 515,000 | 469,953 | ||||||
5.00%, 10/01/2057(3) | 1,000,000 | 887,920 | ||||||
California Pollution Control Financing Authority | ||||||||
1.17%, 11/01/2042(1)(3) | 2,100,000 | 2,099,853 | ||||||
California Public Finance Authority | ||||||||
5.00%, 07/01/2027(3) | 180,000 | 158,753 | ||||||
5.00%, 07/01/2047(3) | 140,000 | 114,597 | ||||||
5.00%, 10/15/2047 | 1,775,000 | 1,993,591 | ||||||
California State Public Works Board | ||||||||
5.00%, 03/01/2024 | 2,500,000 | 2,856,525 | ||||||
5.00%, 03/01/2025 | 3,280,000 | 3,856,230 | ||||||
5.00%, 11/01/2037 | 235,000 | 253,377 | ||||||
5.00%, 09/01/2039 | 10,705,000 | 12,083,697 | ||||||
California Statewide Communities Development Authority | ||||||||
4.00%, 09/02/2029 | 200,000 | 216,990 | ||||||
5.00%, 10/01/2028 | 1,100,000 | 1,165,912 | ||||||
5.00%, 11/01/2032(3) | 1,135,000 | 1,192,635 | ||||||
5.00%, 01/01/2038 | 750,000 | 887,093 | ||||||
5.00%, 09/02/2039 | 745,000 | 818,859 | ||||||
5.00%, 05/15/2040 | 400,000 | 442,028 | ||||||
5.00%, 11/01/2041(3) | 875,000 | 894,346 | ||||||
5.00%, 04/01/2042 | 2,000,000 | 2,114,080 | ||||||
5.00%, 01/01/2043 | 1,000,000 | 1,172,060 | ||||||
5.00%, 09/02/2044 | 500,000 | 554,210 | ||||||
5.00%, 09/02/2044 | 700,000 | 762,489 | ||||||
5.00%, 09/02/2044 | 1,430,000 | 1,588,659 | ||||||
5.00%, 02/01/2045 | 1,175,000 | 1,282,654 | ||||||
5.00%, 04/01/2046(1) | 4,300,000 | 5,568,113 | ||||||
5.00%, 01/01/2048 | 2,840,000 | 3,302,579 | ||||||
5.00%, 09/02/2049 | 700,000 | 757,827 | ||||||
5.25%, 12/01/2048(3) | 800,000 | 864,056 | ||||||
5.25%, 12/01/2056(3) | 1,000,000 | 1,062,460 | ||||||
5.38%, 11/01/2049(3) | 100,000 | 102,294 | ||||||
5.50%, 12/01/2054 | 1,960,000 | 2,089,105 | ||||||
5.50%, 12/01/2058(3) | 4,845,000 | 5,296,506 | ||||||
City of Los Angeles Department of Airports | ||||||||
5.00%, 05/15/2033 | 1,250,000 | 1,492,388 | ||||||
5.00%, 05/15/2035 | 8,280,000 | 8,313,120 | ||||||
5.00%, 05/15/2040 | 1,095,000 | 1,231,130 | ||||||
5.00%, 05/15/2040 | 13,740,000 | 13,790,838 | ||||||
5.25%, 05/15/2031 | 4,805,000 | 5,710,646 | ||||||
5.25%, 05/15/2032 | 3,210,000 | 3,762,762 | ||||||
County of Sacramento CA Airport System Revenue | ||||||||
5.00%, 07/01/2034 | 3,000,000 | 3,471,150 |
Cucamonga Valley Water District | ||||||||
5.38%, 09/01/2035 | 3,320,000 | 3,503,928 | ||||||
Foothill-de Anza Community College District | ||||||||
5.00%, 04/01/2035 | 250,000 | 285,368 | ||||||
5.00%, 04/01/2036 | 200,000 | 227,830 | ||||||
Golden State Tobacco Securitization Corp. | ||||||||
0.00%, 06/01/2024 | 1,000,000 | 926,590 | ||||||
5.00%, 06/01/2021 | 285,000 | 295,129 | ||||||
5.00%, 06/01/2022 | 400,000 | 425,696 | ||||||
5.00%, 06/01/2023 | 455,000 | 496,441 | ||||||
5.00%, 06/01/2024 | 255,000 | 284,733 | ||||||
5.00%, 06/01/2047 | 925,000 | 887,547 | ||||||
5.25%, 06/01/2047 | 2,500,000 | 2,443,550 | ||||||
5.30%, 06/01/2037 | 1,000,000 | 1,002,750 | ||||||
Irvine Unified School District | ||||||||
5.00%, 03/01/2057 | 800,000 | 873,256 | ||||||
Los Angeles County Public Works Financing Authority | ||||||||
5.00%, 12/01/2029 | 1,200,000 | 1,427,040 | ||||||
5.00%, 12/01/2030 | 2,520,000 | 2,993,760 | ||||||
Mendocino-Lake Community College District | ||||||||
5.00%, 08/01/2027 | 1,700,000 | 1,999,761 | ||||||
5.00%, 08/01/2028 | 1,000,000 | 1,174,650 | ||||||
5.00%, 08/01/2029 | 775,000 | 908,626 | ||||||
5.00%, 08/01/2030 | 2,530,000 | 2,960,581 | ||||||
Norman Y Mineta San Jose International Airport SJC | ||||||||
5.00%, 03/01/2028 | 1,250,000 | 1,454,725 | ||||||
5.00%, 03/01/2030 | 1,700,000 | 1,959,148 | ||||||
Orange County Community Facilities District | ||||||||
5.25%, 08/15/2045 | 975,000 | 1,063,462 | ||||||
Orchard School District | ||||||||
0.00%, 08/01/2022 | 2,940,000 | 2,848,331 | ||||||
Sacramento City Financing Authority | ||||||||
5.00%, 12/01/2033 | 875,000 | 1,035,326 | ||||||
San Francisco City & County Airport Comm-San Francisco International Airport | ||||||||
5.00%, 05/01/2037 | 945,000 | 1,112,841 | ||||||
State of California | ||||||||
1.82% (1 Month LIBOR USD + 0.76%), 12/01/2031(2) | 750,000 | 750,600 | ||||||
4.00%, 03/01/2025 | 3,500,000 | 3,955,945 | ||||||
4.00%, 03/01/2026 | 375,000 | 432,428 | ||||||
5.00%, 08/01/2022 | 1,535,000 | 1,670,709 | ||||||
5.00%, 08/01/2023 | 3,000,000 | 3,370,470 | ||||||
5.00%, 09/01/2026 | 2,000,000 | 2,451,300 | ||||||
5.00%, 08/01/2027 | 620,000 | 738,426 | ||||||
5.00%, 08/01/2029 | 935,000 | 1,134,725 | ||||||
5.00%, 09/01/2029 | 370,000 | 449,950 | ||||||
5.00%, 08/01/2030 | 3,500,000 | 4,230,625 | ||||||
Tobacco Securitization Authority of Northern California | ||||||||
4.75%, 06/01/2023 | 4,590,000 | 4,590,229 | ||||||
University of California | ||||||||
0.50%, 05/15/2048(1) | 12,700,000 | 12,700,000 | ||||||
|
| |||||||
Total California | 207,311,122 | |||||||
|
| |||||||
Colorado – 3.04% | ||||||||
Adams 12 Five Star Schools | ||||||||
5.00%, 12/15/2028 | 2,050,000 | 2,510,307 |
Amber Creek Metropolitan District | ||||||||
5.00%, 12/01/2037 | 750,000 | 703,882 | ||||||
5.13%, 12/01/2047 | 1,075,000 | 978,282 | ||||||
Arapahoe County School District No 6 Littleton | ||||||||
5.50%, 12/01/2033 | 1,150,000 | 1,505,684 | ||||||
Belleview Station Metropolitan District No 2 | ||||||||
5.00%, 12/01/2036 | 500,000 | 481,890 | ||||||
Berthoud-Heritage Metropolitan District No 1 | ||||||||
5.63%, 12/01/2048 | 1,400,000 | 1,322,972 | ||||||
Brighton Crossing Metropolitan District No 4 | ||||||||
5.00%, 12/01/2037 | 525,000 | 508,657 | ||||||
Broadway Station Metropolitan District No 2 | ||||||||
5.00%, 12/01/2035 | 730,000 | 726,029 | ||||||
5.13%, 12/01/2048 | 1,450,000 | 1,396,176 | ||||||
Canyons Metropolitan District No 5 | ||||||||
6.00%, 12/01/2037 | 500,000 | 499,950 | ||||||
City & County of Denver CO | ||||||||
5.00%, 10/01/2032 | 10,045,000 | 9,907,383 | ||||||
City & County of Denver CO Airport System Revenue | ||||||||
4.00%, 11/15/2023 | 4,465,000 | 4,804,385 | ||||||
5.00%, 11/15/2029 | 3,070,000 | 3,649,340 | ||||||
5.00%, 12/01/2031 | 7,000,000 | 8,359,890 | ||||||
5.00%, 12/01/2032 | 375,000 | 446,149 | ||||||
5.00%, 12/01/2035 | 5,500,000 | 6,481,640 | ||||||
Colorado Health Facilities Authority | ||||||||
0.00%, 07/15/2022 | 980,000 | 950,316 | ||||||
2.33% (1 Month LIBOR USD + 1.25%), 10/01/2039(2) | 2,000,000 | 2,001,720 | ||||||
2.80%, 05/15/2042(1) | 3,915,000 | 4,004,771 | ||||||
4.00%, 11/01/2039 | 3,775,000 | 4,223,093 | ||||||
5.00%, 12/01/2022 | 1,855,000 | 1,921,873 | ||||||
5.00%, 11/01/2023 | 1,350,000 | 1,524,717 | ||||||
5.00%, 01/01/2024 | 125,000 | 124,485 | ||||||
5.00%, 11/01/2024 | 1,125,000 | 1,306,260 | ||||||
5.00%, 11/01/2025 | 1,715,000 | 2,037,214 | ||||||
5.00%, 01/01/2026 | 100,000 | 99,303 | ||||||
5.00%, 11/01/2026 | 1,330,000 | 1,615,511 | ||||||
5.00%, 01/01/2031 | 100,000 | 97,958 | ||||||
5.00%, 11/15/2036(1) | 6,770,000 | 7,602,710 | ||||||
5.00%, 01/01/2037 | 250,000 | 241,452 | ||||||
5.00%, 10/01/2038(1) | 630,000 | 662,168 | ||||||
5.00%, 02/01/2041 | 500,000 | 513,245 | ||||||
5.00%, 08/01/2044 | 2,200,000 | 2,368,432 | ||||||
5.00%, 09/01/2046 | 1,000,000 | 1,142,620 | ||||||
5.00%, 08/01/2049(1) | 13,830,000 | 16,185,941 | ||||||
5.00%, 11/15/2049(1) | 2,585,000 | 3,104,275 | ||||||
5.25%, 02/01/2031 | 2,250,000 | 2,314,215 | ||||||
5.25%, 05/15/2037 | 475,000 | 456,309 | ||||||
5.25%, 01/01/2040 | 540,000 | 594,135 | ||||||
6.13%, 12/01/2045(3) | 375,000 | 383,498 | ||||||
6.25%, 12/01/2050(3) | 205,000 | 210,373 | ||||||
Colorado High Performance Transportation Enterprise | ||||||||
5.00%, 12/31/2047 | 645,000 | 656,945 | ||||||
5.00%, 12/31/2051 | 2,150,000 | 2,184,314 | ||||||
5.00%, 12/31/2056 | 1,925,000 | 1,951,623 |
Colorado Housing & Finance Authority | ||||||||
4.25%, 11/01/2049 | 570,000 | 624,310 | ||||||
4.25%, 11/01/2049 | 1,115,000 | 1,218,940 | ||||||
Colorado International Center Metropolitan District No 14 | ||||||||
5.88%, 12/01/2046 | 635,000 | 568,789 | ||||||
Copperleaf Metropolitan District No 4 | ||||||||
5.00%, 12/01/2039 | 775,000 | 722,122 | ||||||
5.00%, 12/01/2049 | 1,500,000 | 1,334,805 | ||||||
Cornerstar Metropolitan District | ||||||||
5.13%, 12/01/2037 | 500,000 | 486,655 | ||||||
Cottonwood Highlands Metropolitan District No 1 | ||||||||
5.00%, 12/01/2049 | 900,000 | 841,950 | ||||||
County of El Paso CO | ||||||||
4.00%, 12/01/2033 | 800,000 | 942,000 | ||||||
4.00%, 12/01/2035 | 875,000 | 1,018,246 | ||||||
5.00%, 12/01/2031 | 600,000 | 779,316 | ||||||
Denver City & County School District No 1 | ||||||||
5.25%, 12/01/2038 | 3,595,000 | 3,719,207 | ||||||
Denver Convention Center Hotel Authority | ||||||||
5.00%, 12/01/2022 | 4,950,000 | 5,068,948 | ||||||
Denver Gateway Center Metropolitan District | ||||||||
5.50%, 12/01/2038 | 1,360,000 | 1,316,752 | ||||||
5.63%, 12/01/2048 | 2,130,000 | 2,054,981 | ||||||
Denver Health & Hospital Authority | ||||||||
5.00%, 12/01/2048 | 1,800,000 | 2,088,306 | ||||||
Denver International Business Center Metropolitan District No 1 | ||||||||
6.00%, 12/01/2048 | 500,000 | 465,220 | ||||||
Denver Urban Renewal Authority | ||||||||
5.25%, 12/01/2039(3) | 1,000,000 | 939,240 | ||||||
E-470 Public Highway Authority | ||||||||
0.00%, 09/01/2020 | 730,000 | 726,211 | ||||||
1.67% (1 Month LIBOR USD + 1.05%), 09/01/2039(2) | 275,000 | 276,342 | ||||||
Eagle County Airport Terminal Corp. | ||||||||
5.00%, 05/01/2033 | 2,000,000 | 2,226,480 | ||||||
Mesa County Valley School District No 51 Grand Junction CO | ||||||||
5.25%, 12/01/2033 | 2,000,000 | 2,573,900 | ||||||
Mirabelle Metropolitan District No 2 | ||||||||
5.00%, 12/01/2039 | 700,000 | 647,122 | ||||||
Painted Prairie Metropolitan District No 2 | ||||||||
5.25%, 12/01/2048 | 500,000 | 466,370 | ||||||
Park Creek Metropolitan District | ||||||||
5.00%, 12/01/2045 | 1,775,000 | 2,000,691 | ||||||
Rampart Range Metropolitan District No 1 | ||||||||
5.00%, 12/01/2047 | 650,000 | 770,737 | ||||||
Regional Transportation District | ||||||||
5.00%, 06/01/2031 | 1,315,000 | 1,699,164 | ||||||
Serenity Ridge Metropolitan District No 2 | ||||||||
5.13%, 12/01/2037 | 1,290,000 | 1,235,678 | ||||||
Sierra Ridge Metropolitan District No 2 | ||||||||
4.50%, 12/01/2031 | 750,000 | 710,122 | ||||||
5.50%, 12/01/2046 | 1,500,000 | 1,478,580 | ||||||
Solaris Metropolitan District No 3 | ||||||||
5.00%, 12/01/2036 | 850,000 | 859,809 | ||||||
5.00%, 12/01/2046 | 1,880,000 | 1,891,524 |
Southglenn Metropolitan District | ||||||||
5.00%, 12/01/2046 | 500,000 | 484,225 | ||||||
Southlands Metropolitan District No 1 | ||||||||
3.00%, 12/01/2022 | 232,000 | 227,622 | ||||||
3.50%, 12/01/2027 | 500,000 | 481,795 | ||||||
St Vrain Lakes Metropolitan District No 2 | ||||||||
5.00%, 12/01/2037 | 500,000 | 475,735 | ||||||
STC Metropolitan District No 2 | ||||||||
3.00%, 12/01/2025 | 555,000 | 506,204 | ||||||
5.00%, 12/01/2038 | 500,000 | 475,950 | ||||||
University of Colorado | ||||||||
2.00%, 06/01/2054(1) | 10,955,000 | 11,243,555 | ||||||
5.00%, 06/01/2047 | 500,000 | 612,555 | ||||||
University of Colorado Hospital Authority | ||||||||
5.00%, 11/15/2038(1) | 1,020,000 | 1,066,665 | ||||||
5.00%, 11/15/2047(1) | 9,495,000 | 10,717,101 | ||||||
Vauxmont Metropolitan District | ||||||||
5.00%, 12/15/2021 | 100,000 | 105,449 | ||||||
5.00%, 12/01/2024 | 200,000 | 223,342 | ||||||
5.00%, 12/15/2024 | 135,000 | 153,236 | ||||||
5.00%, 12/01/2025 | 180,000 | 204,914 | ||||||
5.00%, 12/15/2025 | 85,000 | 98,388 | ||||||
5.00%, 12/01/2026 | 195,000 | 226,352 | ||||||
5.00%, 12/01/2027 | 205,000 | 241,533 | ||||||
5.00%, 12/01/2028 | 210,000 | 251,374 | ||||||
5.00%, 12/15/2028 | 130,000 | 149,863 | ||||||
5.00%, 12/01/2029 | 210,000 | 255,062 | ||||||
5.00%, 12/15/2029 | 5,000 | 5,754 | ||||||
5.00%, 12/15/2030 | 500,000 | 574,275 | ||||||
5.00%, 12/01/2031 | 230,000 | 277,569 | ||||||
5.00%, 12/01/2032 | 250,000 | 300,953 | ||||||
5.00%, 12/01/2035 | 100,000 | 119,179 | ||||||
Willow Bend Metropolitan District | ||||||||
5.00%, 12/01/2039 | 600,000 | 577,428 | ||||||
5.00%, 12/01/2049 | 1,000,000 | 919,000 | ||||||
|
| |||||||
Total Colorado | 177,489,687 | |||||||
|
| |||||||
Connecticut – 2.12% | ||||||||
City of Bridgeport CT | ||||||||
5.00%, 09/15/2029 | 2,600,000 | 3,271,242 | ||||||
5.00%, 09/15/2030 | 2,250,000 | 2,805,998 | ||||||
City of Hartford CT | ||||||||
5.00%, 07/15/2021 | 3,300,000 | 3,459,060 | ||||||
5.00%, 07/15/2022 | 2,250,000 | 2,436,750 | ||||||
5.00%, 07/15/2023 | 2,000,000 | 2,231,440 | ||||||
5.00%, 07/15/2026 | 2,430,000 | 2,845,165 | ||||||
City of New Britain CT | ||||||||
5.00%, 03/01/2027 | 1,260,000 | 1,529,464 | ||||||
5.00%, 03/01/2028 | 1,490,000 | 1,811,244 | ||||||
5.00%, 03/01/2033 | 1,900,000 | 2,273,977 | ||||||
City of New Haven CT | ||||||||
5.00%, 08/15/2023 | 900,000 | 1,013,868 | ||||||
5.00%, 08/15/2029 | 2,000,000 | 2,249,100 | ||||||
5.00%, 08/15/2031 | 1,000,000 | 1,115,910 | ||||||
5.25%, 08/01/2023 | 1,115,000 | 1,207,322 |
City of West Haven CT | ||||||||
5.00%, 08/01/2021 | 2,495,000 | 2,602,809 | ||||||
Connecticut Housing Finance Authority | ||||||||
2.25%, 11/15/2023 | 1,250,000 | 1,287,362 | ||||||
3.40%, 11/15/2042 | 815,000 | 826,337 | ||||||
Connecticut State Health & Educational Facilities Authority | ||||||||
1.10%, 07/01/2048(1) | 9,000,000 | 8,933,580 | ||||||
1.80%, 07/01/2049(1) | 2,005,000 | 2,007,326 | ||||||
1.80%, 07/01/2049(1) | 5,280,000 | 5,279,947 | ||||||
2.00%, 07/01/2042(1) | 4,370,000 | 4,536,104 | ||||||
2.05%, 07/01/2035(1) | 6,570,000 | 6,590,564 | ||||||
4.00%, 07/01/2021(3) | 875,000 | 888,965 | ||||||
4.00%, 07/01/2022(3) | 1,010,000 | 1,037,502 | ||||||
4.00%, 07/01/2044 | 710,000 | 670,354 | ||||||
4.00%, 07/01/2046 | 880,000 | 887,172 | ||||||
4.00%, 07/01/2049 | 645,000 | 597,986 | ||||||
5.00%, 11/01/2023 | 695,000 | 783,647 | ||||||
5.00%, 11/01/2024 | 475,000 | 551,532 | ||||||
5.00%, 07/01/2025(3) | 435,000 | 477,852 | ||||||
5.00%, 11/01/2028 | 1,245,000 | 1,572,497 | ||||||
5.00%, 07/01/2029(3) | 440,000 | 506,286 | ||||||
5.00%, 07/01/2029 | 1,000,000 | 1,203,240 | ||||||
5.00%, 07/01/2043 | 1,750,000 | 1,818,810 | ||||||
5.00%, 07/01/2049(3) | 1,550,000 | 1,697,901 | ||||||
5.00%, 07/01/2053(1) | 2,625,000 | 3,120,626 | ||||||
5.00%, 07/01/2053(1) | 3,445,000 | 3,938,496 | ||||||
Harbor Point Infrastructure Improvement District | ||||||||
7.88%, 04/01/2039 | 2,153,000 | 2,153,000 | ||||||
Mohegan Tribe of Indians of Connecticut | ||||||||
5.25%, 02/01/2022(3) | 955,000 | 965,161 | ||||||
State of Connecticut | ||||||||
5.00%, 09/01/2022 | 5,725,000 | 6,190,099 | ||||||
5.00%, 11/01/2022 | 315,000 | 331,049 | ||||||
5.00%, 04/15/2023 | 3,200,000 | 3,521,024 | ||||||
5.00%, 01/15/2026 | 850,000 | 996,421 | ||||||
5.00%, 04/15/2026 | 1,500,000 | 1,768,155 | ||||||
5.00%, 06/15/2027 | 1,680,000 | 1,941,492 | ||||||
5.00%, 09/15/2027 | 1,000,000 | 1,213,940 | ||||||
5.00%, 03/01/2029 | 1,500,000 | 1,676,475 | ||||||
5.00%, 04/15/2030 | 565,000 | 698,504 | ||||||
5.00%, 06/15/2032 | 710,000 | 812,815 | ||||||
5.00%, 11/15/2032 | 200,000 | 230,998 | ||||||
5.00%, 04/15/2034 | 645,000 | 788,177 | ||||||
5.00%, 04/15/2035 | 225,000 | 273,940 | ||||||
5.00%, 01/15/2040 | 3,205,000 | 3,898,177 | ||||||
State of Connecticut Special Tax Revenue | ||||||||
5.00%, 09/01/2023 | 900,000 | 1,001,673 | ||||||
5.00%, 01/01/2038 | 4,400,000 | 5,119,752 | ||||||
Town of Hamden CT | ||||||||
5.00%, 08/15/2026 | 500,000 | 571,580 | ||||||
5.00%, 08/15/2026 | 1,335,000 | 1,604,537 | ||||||
5.00%, 01/01/2040 | 1,875,000 | 1,758,469 | ||||||
University of Connecticut | ||||||||
5.00%, 11/01/2028 | 1,290,000 | 1,634,043 | ||||||
5.25%, 11/15/2034 | 3,705,000 | 4,668,115 | ||||||
|
| |||||||
Total Connecticut | 123,885,031 | |||||||
|
|
Delaware – 0.27% | ||||||||
County of Kent DE | ||||||||
5.00%, 07/01/2040 | 645,000 | 622,651 | ||||||
5.00%, 07/01/2048 | 2,305,000 | 2,165,617 | ||||||
County of Sussex DE | ||||||||
5.00%, 01/01/2036 | 2,425,000 | 2,484,800 | ||||||
Delaware State Economic Development Authority | ||||||||
5.00%, 09/01/2036 | 1,225,000 | 1,318,173 | ||||||
5.00%, 08/01/2039 | 715,000 | 771,928 | ||||||
5.00%, 09/01/2046 | 700,000 | 738,696 | ||||||
5.00%, 11/15/2048 | 2,000,000 | 2,004,060 | ||||||
5.00%, 08/01/2049 | 900,000 | 956,547 | ||||||
5.00%, 08/01/2054 | 835,000 | 883,731 | ||||||
5.40%, 02/01/2031 | 500,000 | 505,050 | ||||||
Delaware State Health Facilities Authority | ||||||||
5.00%, 06/01/2037 | 1,385,000 | 1,649,826 | ||||||
5.00%, 06/01/2043 | 1,000,000 | 1,176,640 | ||||||
5.00%, 06/01/2048 | 500,000 | 583,435 | ||||||
|
| |||||||
Total Delaware | 15,861,154 | |||||||
|
| |||||||
District of Columbia – 1.65% | ||||||||
District of Columbia | ||||||||
5.00%, 10/01/2022 | 3,730,000 | 4,085,357 | ||||||
5.00%, 03/01/2024 | 400,000 | 458,696 | ||||||
5.00%, 12/01/2027 | 6,770,000 | 6,811,500 | ||||||
5.00%, 12/01/2033 | 5,000,000 | 6,355,650 | ||||||
5.00%, 06/01/2034 | 1,000,000 | 1,173,520 | ||||||
5.00%, 06/01/2034 | 2,100,000 | 2,582,202 | ||||||
5.00%, 06/01/2035 | 3,000,000 | 3,419,670 | ||||||
5.00%, 12/01/2036 | 670,000 | 707,580 | ||||||
5.00%, 07/01/2042 | 730,000 | 676,360 | ||||||
5.00%, 06/01/2046 | 3,370,000 | 3,599,733 | ||||||
5.00%, 07/01/2052 | 915,000 | 823,372 | ||||||
District of Columbia Housing Finance Agency | ||||||||
2.45%, 11/01/2021(1) | 13,750,000 | 13,823,700 | ||||||
District of Columbia Tobacco Settlement Financing Corp. | ||||||||
0.00%, 06/15/2046 | 2,000,000 | 203,620 | ||||||
District of Columbia Water & Sewer Authority | ||||||||
1.75%, 10/01/2054(1) | 9,340,000 | 9,181,594 | ||||||
Metropolitan Washington Airports Authority | ||||||||
5.00%, 10/01/2022 | 1,000,000 | 1,083,910 | ||||||
5.00%, 10/01/2023 | 850,000 | 942,463 | ||||||
5.00%, 10/01/2024 | 1,325,000 | 1,505,067 | ||||||
5.00%, 10/01/2024 | 1,500,000 | 1,717,110 | ||||||
5.00%, 10/01/2025 | 1,185,000 | 1,388,938 | ||||||
5.00%, 10/01/2027 | 500,000 | 600,545 | ||||||
5.00%, 10/01/2030 | 1,480,000 | 1,592,110 | ||||||
5.00%, 10/01/2030 | 5,250,000 | 6,218,835 | ||||||
5.00%, 10/01/2031 | 5,335,000 | 6,392,397 | ||||||
5.00%, 10/01/2037 | 1,000,000 | 1,157,640 | ||||||
Metropolitan Washington Airports Authority Dulles Toll Road Revenue | ||||||||
0.00%, 10/01/2037 | 1,000,000 | 626,950 | ||||||
4.00%, 10/01/2038 | 415,000 | 429,181 | ||||||
4.00%, 10/01/2053 | 1,705,000 | 1,750,165 |
5.00%, 10/01/2033 | 1,250,000 | 1,435,863 | ||||||
5.00%, 10/01/2034 | 1,500,000 | 1,718,385 | ||||||
5.00%, 10/01/2053 | 4,890,000 | 5,035,771 | ||||||
6.50%, 10/01/2041 | 2,000,000 | 2,464,580 | ||||||
Washington Convention & Sports Authority | ||||||||
5.00%, 10/01/2023 | 1,330,000 | 1,478,973 | ||||||
5.00%, 10/01/2024 | 1,030,000 | 1,171,409 | ||||||
Washington Metropolitan Area Transit Authority | ||||||||
5.00%, 07/01/2032 | 2,965,000 | 3,584,003 | ||||||
|
| |||||||
Total District of Columbia | 96,196,849 | |||||||
|
| |||||||
Florida – 6.81% | ||||||||
Alachua County Health Facilities Authority | ||||||||
4.00%, 12/01/2049 | 5,000,000 | 5,251,200 | ||||||
5.00%, 12/01/2036 | 1,000,000 | 1,132,110 | ||||||
5.00%, 12/01/2044 | 3,350,000 | 3,720,175 | ||||||
6.00%, 11/15/2034 | 35,000 | 27,999 | ||||||
6.38%, 11/15/2049 | 300,000 | 239,928 | ||||||
Brevard County Health Facilities Authority | ||||||||
5.00%, 04/01/2039 | 1,335,000 | 1,491,609 | ||||||
Celebration Pointe Community Development District | ||||||||
4.00%, 05/01/2022(3) | 265,000 | 265,591 | ||||||
Central Florida Expressway Authority | ||||||||
5.00%, 07/01/2035 | 5,000,000 | 6,441,950 | ||||||
Citizens Property Insurance Corp. | ||||||||
5.00%, 06/01/2021 | 355,000 | 370,414 | ||||||
5.00%, 06/01/2022 | 2,150,000 | 2,300,199 | ||||||
City of Gainesville FL Utilities System Revenue | ||||||||
5.00%, 10/01/2044 | 2,580,000 | 3,160,939 | ||||||
City of Jacksonville FL | ||||||||
5.00%, 08/15/2028 | 3,045,000 | 3,873,819 | ||||||
5.00%, 08/15/2029 | 2,500,000 | 3,245,150 | ||||||
5.00%, 08/15/2030 | 1,700,000 | 2,189,158 | ||||||
5.00%, 08/15/2031 | 2,250,000 | 2,885,513 | ||||||
5.00%, 08/15/2032 | 1,200,000 | 1,532,544 | ||||||
5.00%, 08/15/2033 | 1,200,000 | 1,528,344 | ||||||
5.00%, 06/01/2053(3) | 1,015,000 | 955,562 | ||||||
City of Miami Gardens FL | ||||||||
5.00%, 07/01/2034 | 1,725,000 | 1,953,338 | ||||||
City of Orlando FL | ||||||||
5.00%, 11/01/2029 | 2,000,000 | 2,452,360 | ||||||
5.00%, 10/01/2031 | 1,120,000 | 1,436,086 | ||||||
5.00%, 10/01/2032 | 1,300,000 | 1,569,750 | ||||||
5.00%, 10/01/2032 | 1,680,000 | 2,142,823 | ||||||
5.00%, 10/01/2035 | 1,200,000 | 1,507,800 | ||||||
5.00%, 10/01/2036 | 1,000,000 | 1,252,770 | ||||||
City Of South Miami Health Facilities Authority, Inc. | ||||||||
5.00%, 08/15/2023 | 250,000 | 280,515 | ||||||
5.00%, 08/15/2024 | 400,000 | 462,576 | ||||||
5.00%, 08/15/2025 | 700,000 | 831,796 | ||||||
City of Tallahassee FL | ||||||||
5.00%, 12/01/2026 | 1,380,000 | 1,608,804 | ||||||
City of Tampa FL | ||||||||
5.00%, 04/01/2040 | 1,115,000 | 1,257,486 |
County of Broward FL Airport System Revenue | ||||||||
5.00%, 10/01/2022 | 1,185,000 | 1,269,656 | ||||||
5.00%, 10/01/2022 | 1,500,000 | 1,619,730 | ||||||
5.00%, 10/01/2023 | 3,620,000 | 3,968,606 | ||||||
5.00%, 10/01/2026 | 1,000,000 | 1,159,980 | ||||||
5.00%, 10/01/2026 | 1,500,000 | 1,739,970 | ||||||
5.00%, 10/01/2027 | 1,650,000 | 1,940,483 | ||||||
5.00%, 10/01/2027 | 3,500,000 | 4,116,175 | ||||||
5.00%, 10/01/2028 | 1,500,000 | 1,785,570 | ||||||
5.00%, 10/01/2029 | 500,000 | 563,370 | ||||||
5.00%, 10/01/2029 | 1,150,000 | 1,383,968 | ||||||
5.00%, 10/01/2030 | 405,000 | 470,954 | ||||||
5.00%, 10/01/2036 | 1,500,000 | 1,717,275 | ||||||
5.00%, 10/01/2040 | 10,000,000 | 11,180,200 | ||||||
5.00%, 10/01/2042 | 110,000 | 120,253 | ||||||
County of Broward FL Port Facilities Revenue | ||||||||
4.00%, 09/01/2037 | 11,250,000 | 12,706,088 | ||||||
County of Clay FL Sales Surtax Revenue | ||||||||
5.00%, 10/01/2026 | 1,170,000 | 1,428,921 | ||||||
5.00%, 10/01/2030 | 1,680,000 | 2,156,582 | ||||||
5.00%, 10/01/2031 | 1,375,000 | 1,751,090 | ||||||
5.00%, 10/01/2035 | 1,805,000 | 2,251,864 | ||||||
County of Escambia FL | ||||||||
1.75%, 04/01/2039(1) | 10,000,000 | 10,000,000 | ||||||
County of Hillsborough FL Community Investment Tax Revenue | ||||||||
5.00%, 11/01/2025 | 1,775,000 | 2,121,090 | ||||||
County of Lee FL Solid Waste System Revenue | ||||||||
5.00%, 10/01/2025 | 3,045,000 | 3,481,349 | ||||||
County of Miami-Dade FL | ||||||||
5.00%, 07/01/2023 | 1,000,000 | 1,105,990 | ||||||
5.00%, 10/01/2024 | 1,785,000 | 2,065,174 | ||||||
County of Miami-Dade FL Aviation Revenue | ||||||||
5.00%, 10/01/2020 | 1,000,000 | 1,014,870 | ||||||
5.00%, 10/01/2021 | 690,000 | 720,595 | ||||||
5.00%, 10/01/2022 | 485,000 | 492,842 | ||||||
5.00%, 10/01/2031 | 3,000,000 | 3,264,120 | ||||||
5.00%, 10/01/2034 | 5,520,000 | 6,074,484 | ||||||
5.00%, 10/01/2035 | 1,000,000 | 1,098,230 | ||||||
5.00%, 10/01/2037 | 2,990,000 | 3,314,475 | ||||||
County of Miami-Dade FL Transit System | ||||||||
4.00%, 07/01/2036 | 1,755,000 | 1,931,693 | ||||||
County of Miami-Dade FL Water & Sewer System Revenue | ||||||||
5.00%, 10/01/2031 | 4,000,000 | 4,697,560 | ||||||
5.00%, 10/01/2032 | 1,275,000 | 1,492,961 | ||||||
County of Miami-Dade Seaport Department | ||||||||
6.00%, 10/01/2038 | 7,000,000 | 8,046,570 | ||||||
6.25%, 10/01/2038 | 2,000,000 | 2,265,580 | ||||||
County of Palm Beach FL | ||||||||
5.00%, 05/01/2029 | 1,915,000 | 2,307,192 | ||||||
County of St Lucie FL | ||||||||
0.95%, 09/01/2028(1) | 5,000,000 | 5,000,000 | ||||||
Crossings At Fleming Island Community Development District | ||||||||
4.50%, 05/01/2030 | 730,000 | 775,333 | ||||||
Escambia County Health Facilities Authority | ||||||||
4.00%, 08/15/2045 | 1,305,000 | 1,374,961 |
Esplanade Lake Club Community Development District | ||||||||
3.25%, 11/01/2025 | 250,000 | 239,250 | ||||||
3.25%, 11/01/2025 | 250,000 | 239,250 | ||||||
Florida Development Finance Corp. | ||||||||
5.00%, 05/01/2029(3) | 1,525,000 | 1,533,967 | ||||||
5.00%, 02/15/2031 | 750,000 | 797,655 | ||||||
5.00%, 02/15/2038 | 600,000 | 637,776 | ||||||
5.00%, 02/15/2048 | 1,600,000 | 1,689,264 | ||||||
Florida Higher Educational Facilities Financial Authority | ||||||||
5.00%, 10/01/2029 | 1,000,000 | 1,109,070 | ||||||
5.00%, 10/01/2033 | 1,000,000 | 1,097,720 | ||||||
5.00%, 06/01/2048(3) | 1,110,000 | 1,056,820 | ||||||
Florida Municipal Power Agency | ||||||||
5.00%, 10/01/2025 | 3,475,000 | 4,131,288 | ||||||
Greater Orlando Aviation Authority | ||||||||
5.00%, 10/01/2022 | 1,000,000 | 1,074,230 | ||||||
5.00%, 10/01/2024 | 8,935,000 | 10,066,975 | ||||||
5.00%, 10/01/2030 | 1,000,000 | 1,167,300 | ||||||
5.00%, 10/01/2031 | 2,000,000 | 2,287,700 | ||||||
5.00%, 10/01/2033 | 2,000,000 | 2,282,140 | ||||||
5.00%, 10/01/2046 | 1,000,000 | 1,110,770 | ||||||
Halifax Hospital Medical Center | ||||||||
5.00%, 06/01/2036 | 3,000,000 | 3,476,130 | ||||||
Harbor Bay Community Development District | ||||||||
3.10%, 05/01/2024 | 100,000 | 97,338 | ||||||
3.10%, 05/01/2024 | 500,000 | 486,690 | ||||||
3.10%, 05/01/2024 | 560,000 | 546,129 | ||||||
Hernando County School District | ||||||||
5.00%, 07/01/2024 | 805,000 | 925,090 | ||||||
Hillsborough County Aviation Authority | ||||||||
5.00%, 10/01/2032 | 375,000 | 452,419 | ||||||
5.00%, 10/01/2033 | 465,000 | 559,948 | ||||||
5.00%, 10/01/2034 | 2,150,000 | 2,580,774 | ||||||
5.00%, 10/01/2035 | 2,275,000 | 2,721,492 | ||||||
5.00%, 10/01/2036 | 2,650,000 | 3,160,787 | ||||||
5.00%, 10/01/2040 | 12,500,000 | 13,952,500 | ||||||
Hillsborough County Port District | ||||||||
5.00%, 06/01/2038 | 900,000 | 1,085,940 | ||||||
JEA Electric System Revenue | ||||||||
5.00%, 10/01/2026 | 1,120,000 | 1,347,046 | ||||||
Lakewood Ranch Stewardship District | ||||||||
3.13%, 05/01/2025 | 315,000 | 301,874 | ||||||
3.40%, 05/01/2030 | 370,000 | 344,352 | ||||||
3.50%, 05/01/2024 | 225,000 | 221,495 | ||||||
4.00%, 05/01/2022 | 365,000 | 366,088 | ||||||
4.00%, 05/01/2040 | 600,000 | 540,714 | ||||||
4.00%, 05/01/2050 | 1,000,000 | 855,910 | ||||||
4.35%, 05/01/2024 | 1,565,000 | 1,570,055 | ||||||
4.55%, 05/01/2024(3) | 950,000 | 953,078 | ||||||
Lee County Industrial Development Authority | ||||||||
5.00%, 11/15/2039 | 1,850,000 | 1,973,580 | ||||||
5.63%, 12/01/2037(3) | 250,000 | 227,927 | ||||||
5.75%, 12/01/2052(3) | 750,000 | 664,912 |
Lee County School Board | ||||||||
5.00%, 08/01/2027 | 6,495,000 | 8,107,059 | ||||||
5.00%, 08/01/2028 | 3,275,000 | 4,165,997 | ||||||
Lee Memorial Health System | ||||||||
5.00%, 04/01/2033(1) | 2,850,000 | 3,272,826 | ||||||
5.00%, 04/01/2035 | 6,555,000 | 7,887,959 | ||||||
5.00%, 04/01/2037 | 2,060,000 | 2,445,426 | ||||||
LT Ranch Community Development District | ||||||||
3.00%, 05/01/2025 | 835,000 | 798,786 | ||||||
Manatee County School District | ||||||||
5.00%, 10/01/2025 | 520,000 | 625,222 | ||||||
Marion County School Board | ||||||||
5.00%, 06/01/2026 | 1,455,000 | 1,690,957 | ||||||
Martin County Health Facilities Authority | ||||||||
5.00%, 11/15/2023 | 800,000 | 907,048 | ||||||
Miami-Dade County Educational Facilities Authority | ||||||||
5.00%, 04/01/2040 | 2,855,000 | 3,174,532 | ||||||
5.00%, 04/01/2045 | 1,010,000 | 1,116,212 | ||||||
Miami-Dade County Expressway Authority | ||||||||
5.00%, 07/01/2030 | 1,225,000 | 1,449,800 | ||||||
Miami-Dade County Health Facilities Authority | ||||||||
5.00%, 08/01/2025 | 110,000 | 128,843 | ||||||
5.00%, 08/01/2026 | 155,000 | 185,922 | ||||||
5.00%, 08/01/2027 | 345,000 | 423,087 | ||||||
5.00%, 08/01/2028 | 400,000 | 488,704 | ||||||
5.00%, 08/01/2029 | 480,000 | 584,837 | ||||||
5.00%, 08/01/2030 | 680,000 | 826,316 | ||||||
5.00%, 08/01/2032 | 750,000 | 906,967 | ||||||
Miami-Dade County Industrial Development Authority | ||||||||
1.50%, 09/01/2027(1) | 6,500,000 | 6,482,710 | ||||||
Monroe County School District | ||||||||
5.00%, 06/01/2033 | 500,000 | 607,340 | ||||||
5.00%, 06/01/2035 | 500,000 | 603,570 | ||||||
Orange County Convention Center | ||||||||
5.00%, 10/01/2023 | 1,510,000 | 1,706,043 | ||||||
Orange County Health Facilities Authority | ||||||||
5.00%, 10/01/2039 | 750,000 | 881,370 | ||||||
Orange County School Board | ||||||||
5.00%, 08/01/2029 | 1,000,000 | 1,175,770 | ||||||
Palm Beach County Health Facilities Authority | ||||||||
5.00%, 12/01/2023 | 50,000 | 56,674 | ||||||
5.00%, 05/15/2024 | 615,000 | 645,744 | ||||||
5.00%, 12/01/2024 | 105,000 | 120,318 | ||||||
7.50%, 06/01/2049 | 100,000 | 104,874 | ||||||
7.50%, 06/01/2049 | 1,875,000 | 1,966,931 | ||||||
Palm Beach County School District | ||||||||
5.00%, 08/01/2023 | 500,000 | 561,745 | ||||||
5.00%, 08/01/2024 | 220,000 | 254,731 | ||||||
5.00%, 08/01/2026 | 1,065,000 | 1,301,089 | ||||||
5.00%, 08/01/2026 | 3,750,000 | 4,581,300 | ||||||
5.00%, 08/01/2030 | 4,520,000 | 5,276,693 | ||||||
5.00%, 08/01/2032 | 3,000,000 | 3,482,280 | ||||||
Pinellas County Industrial Development Authority | ||||||||
5.00%, 07/01/2039 | 375,000 | 374,970 |
Portico Community Development District | ||||||||
2.80%, 05/01/2025 | 1,000,000 | 949,730 | ||||||
Sarasota County Health Facilities Authority | ||||||||
5.00%, 01/01/2042 | 750,000 | 727,687 | ||||||
5.00%, 01/01/2047 | 875,000 | 840,044 | ||||||
School Board of Miami-Dade County | ||||||||
5.00%, 05/01/2025 | 3,000,000 | 3,506,550 | ||||||
5.00%, 05/01/2026 | 1,000,000 | 1,171,520 | ||||||
5.00%, 05/01/2028 | 2,785,000 | 3,215,422 | ||||||
5.00%, 02/01/2029 | 8,000,000 | 9,392,240 | ||||||
5.00%, 02/01/2030 | 500,000 | 584,905 | ||||||
5.00%, 05/01/2031(1) | 5,000,000 | 5,675,750 | ||||||
5.00%, 05/01/2031 | 5,000,000 | 5,791,200 | ||||||
School District of Broward County | ||||||||
5.00%, 07/01/2022 | 1,000,000 | 1,085,600 | ||||||
5.00%, 07/01/2028 | 1,500,000 | 1,859,475 | ||||||
5.00%, 07/01/2029 | 2,545,000 | 3,146,205 | ||||||
5.00%, 07/01/2030 | 5,500,000 | 6,453,095 | ||||||
Seminole County Industrial Development Authority | ||||||||
3.75%, 11/15/2025 | 2,690,000 | 2,435,634 | ||||||
St Johns County School Board | ||||||||
5.00%, 07/01/2029 | 1,250,000 | 1,614,925 | ||||||
5.00%, 07/01/2030 | 1,500,000 | 1,931,730 | ||||||
5.00%, 07/01/2031 | 1,000,000 | 1,283,410 | ||||||
State of Florida | ||||||||
5.00%, 06/01/2023 | 2,425,000 | 2,711,562 | ||||||
5.00%, 06/01/2024 | 2,415,000 | 2,786,644 | ||||||
5.00%, 07/01/2024 | 2,460,000 | 2,853,477 | ||||||
State of Florida Lottery Revenue | ||||||||
5.00%, 07/01/2024 | 1,400,000 | 1,622,670 | ||||||
5.00%, 07/01/2024 | 4,000,000 | 4,636,200 | ||||||
Sunshine Skyway Bridge | ||||||||
4.00%, 07/01/2037 | 2,355,000 | 2,711,547 | ||||||
Tampa Bay Water | ||||||||
5.50%, 10/01/2022 | 1,000,000 | 1,106,500 | ||||||
Tolomato Community Development District | ||||||||
2.00%, 05/01/2021 | 580,000 | 581,607 | ||||||
2.00%, 05/01/2022 | 605,000 | 610,130 | ||||||
2.00%, 05/01/2023 | 1,255,000 | 1,272,219 | ||||||
2.00%, 05/01/2024 | 1,300,000 | 1,320,059 | ||||||
2.10%, 05/01/2025 | 1,345,000 | 1,371,564 | ||||||
3.50%, 05/01/2024 | 650,000 | 638,099 | ||||||
Town of Davie FL | ||||||||
5.00%, 04/01/2048 | 1,440,000 | 1,590,379 | ||||||
Village Community Development District No 13 | ||||||||
3.00%, 05/01/2029 | 1,000,000 | 945,390 | ||||||
3.38%, 05/01/2034 | 1,000,000 | 929,470 | ||||||
Volusia County Educational Facility Authority | ||||||||
4.00%, 10/15/2037 | 740,000 | 812,009 | ||||||
5.00%, 10/15/2044 | 390,000 | 453,465 | ||||||
5.00%, 10/15/2049 | 730,000 | 842,230 | ||||||
Volusia County School Board | ||||||||
5.00%, 08/01/2024 | 2,100,000 | 2,427,684 | ||||||
West Villages Improvement District | ||||||||
4.00%, 05/01/2024 | 400,000 | 398,888 |
Westside Community Development District | ||||||||
3.50%, 05/01/2024(3) | 570,000 | 558,936 | ||||||
|
| |||||||
Total Florida | 397,494,058 | |||||||
|
| |||||||
Georgia – 2.74% | ||||||||
Atlanta Development Authority | ||||||||
6.75%, 01/01/2035 | 2,200,000 | 2,346,520 | ||||||
7.00%, 01/01/2040 | 985,000 | 1,054,984 | ||||||
Bartow County Development Authority | ||||||||
1.55%, 08/01/2043(1) | 3,000,000 | 2,919,180 | ||||||
Brookhaven Development Authority | ||||||||
5.00%, 07/01/2025 | 1,400,000 | 1,662,808 | ||||||
5.00%, 07/01/2031 | 650,000 | 812,110 | ||||||
5.00%, 07/01/2032 | 1,000,000 | 1,241,400 | ||||||
5.00%, 07/01/2033 | 1,135,000 | 1,399,954 | ||||||
5.00%, 07/01/2037 | 1,800,000 | 2,157,444 | ||||||
Burke County Development Authority | ||||||||
2.25%, 10/01/2032(1) | 2,800,000 | 2,754,444 | ||||||
2.93%, 11/01/2053(1) | 2,940,000 | 2,947,615 | ||||||
3.25%, 11/01/2045(1) | 3,000,000 | 3,044,820 | ||||||
City of Atlanta GA Water & Wastewater Revenue | ||||||||
5.00%, 11/01/2040 | 14,595,000 | 16,879,555 | ||||||
City of East Point GA | ||||||||
5.00%, 08/01/2020 | 415,000 | 419,802 | ||||||
5.00%, 08/01/2021 | 250,000 | 261,512 | ||||||
Cobb County Kennestone Hospital Authority | ||||||||
5.00%, 04/01/2047 | 1,150,000 | 1,336,679 | ||||||
Columbus Medical Center Hospital Authority | ||||||||
5.00%, 07/01/2054(1) | 2,700,000 | 3,280,581 | ||||||
5.00%, 07/01/2054(1) | 3,300,000 | 3,828,132 | ||||||
DeKalb County Hospital Authority | ||||||||
6.13%, 09/01/2040 | 550,000 | 560,956 | ||||||
DeKalb Private Hospital Authority | ||||||||
5.00%, 07/01/2027 | 1,235,000 | 1,540,428 | ||||||
Development Authority for Fulton County | ||||||||
5.00%, 04/01/2023 | 300,000 | 330,375 | ||||||
5.00%, 06/15/2044 | 580,000 | 714,902 | ||||||
5.00%, 04/01/2047 | 1,000,000 | 1,162,330 | ||||||
Development Authority Of The City Of Marietta | ||||||||
5.00%, 11/01/2037(3) | 625,000 | 626,537 | ||||||
5.00%, 11/01/2047(3) | 500,000 | 483,285 | ||||||
Fayette County Hospital Authority | ||||||||
5.00%, 07/01/2054(1) | 1,300,000 | 1,450,319 | ||||||
Fulton County Residential Care Facilities for the Elderly Authority | ||||||||
5.00%, 04/01/2047(3) | 700,000 | 642,796 | ||||||
5.00%, 04/01/2054(3) | 550,000 | 491,695 | ||||||
Gainesville & Hall County Hospital Authority | ||||||||
5.50%, 02/15/2042 | 650,000 | 800,371 | ||||||
Griffin-Spalding County Hospital Authority | ||||||||
3.00%, 04/01/2027 | 635,000 | 688,353 | ||||||
LaGrange-Troup County Hospital Authority | ||||||||
5.00%, 04/01/2024 | 500,000 | 566,285 | ||||||
Macon-Bibb County Housing Authority | ||||||||
2.04%, 04/01/2021(1) | 15,000,000 | 15,000,000 |
Macon-Bibb County Urban Development Authority | ||||||||
5.75%, 06/15/2037(3) | 1,000,000 | 955,750 | ||||||
Main Street Natural Gas, Inc. | ||||||||
1.81% (1 Month LIBOR USD + 0.75%), 04/01/2048(2) | 6,400,000 | 6,370,496 | ||||||
1.89% (1 Month LIBOR USD + 0.83%), 08/01/2048(2) | 1,700,000 | 1,695,682 | ||||||
4.00%, 04/01/2048(1) | 3,600,000 | 3,708,576 | ||||||
4.00%, 08/01/2048(1) | 7,975,000 | 8,232,991 | ||||||
4.00%, 08/01/2049(1) | 17,670,000 | 18,854,243 | ||||||
4.00%, 03/01/2050(1) | 20,000,000 | 20,825,800 | ||||||
5.00%, 05/15/2027 | 3,000,000 | 3,316,170 | ||||||
5.00%, 05/15/2028 | 2,500,000 | 2,781,250 | ||||||
5.00%, 05/15/2043 | 4,520,000 | 4,863,158 | ||||||
Monroe County Development Authority | ||||||||
2.35%, 10/01/2048(1) | 500,000 | 503,670 | ||||||
Municipal Electric Authority of Georgia | ||||||||
5.00%, 01/01/2024 | 830,000 | 898,434 | ||||||
5.00%, 01/01/2025 | 350,000 | 386,389 | ||||||
5.00%, 01/01/2025 | 900,000 | 993,573 | ||||||
5.00%, 01/01/2026 | 300,000 | 335,724 | ||||||
5.00%, 01/01/2026 | 320,000 | 358,106 | ||||||
5.00%, 01/01/2027 | 300,000 | 341,076 | ||||||
5.00%, 01/01/2028 | 25,000 | 28,886 | ||||||
5.00%, 01/01/2028 | 750,000 | 866,580 | ||||||
5.00%, 01/01/2030 | 1,000,000 | 1,165,640 | ||||||
5.00%, 01/01/2031 | 685,000 | 802,478 | ||||||
5.00%, 01/01/2049 | 3,610,000 | 3,859,271 | ||||||
Private Colleges & Universities Authority | ||||||||
5.00%, 04/01/2027 | 1,900,000 | 2,104,782 | ||||||
5.00%, 04/01/2044 | 1,000,000 | 1,076,790 | ||||||
Savannah Economic Development Authority | ||||||||
7.25%, 01/01/2049 | 120,000 | 125,934 | ||||||
State of Georgia | ||||||||
5.00%, 07/01/2023 | 1,000,000 | 1,123,220 | ||||||
|
| |||||||
Total Georgia | 159,980,841 | |||||||
|
| |||||||
Guam – 0.07% | ||||||||
Guam Government Waterworks Authority | ||||||||
5.00%, 07/01/2035 | 1,550,000 | 1,568,321 | ||||||
Territory of Guam | ||||||||
5.00%, 11/15/2031 | 2,410,000 | 2,419,206 | ||||||
|
| |||||||
Total Guam | 3,987,527 | |||||||
|
| |||||||
Hawaii – 0.16% | ||||||||
City & County of Honolulu HI | ||||||||
5.00%, 09/01/2024 | 1,275,000 | 1,482,328 | ||||||
5.00%, 10/01/2029 | 2,000,000 | 2,385,880 | ||||||
State of Hawaii | ||||||||
5.00%, 08/01/2023 | 1,925,000 | 2,164,065 | ||||||
State of Hawaii Airports System Revenue | ||||||||
5.00%, 07/01/2031 | 1,275,000 | 1,454,214 | ||||||
5.00%, 07/01/2032 | 1,500,000 | 1,704,525 | ||||||
|
| |||||||
Total Hawaii | 9,191,012 | |||||||
|
| |||||||
Idaho – 0.07% | ||||||||
Idaho Health Facilities Authority | ||||||||
5.00%, 03/01/2034 | 3,155,000 | 3,501,577 | ||||||
Idaho Housing & Finance Association | ||||||||
4.00%, 01/01/2050 | 280,000 | 303,122 | ||||||
|
| |||||||
Total Idaho | 3,804,699 | |||||||
|
|
Illinois – 9.97% | ||||||||
Champaign County Community Unit School District No 4 Champaign | ||||||||
0.00%, 01/01/2025 | 485,000 | 450,429 | ||||||
Chicago Board of Education | ||||||||
0.00%, 12/01/2025 | 265,000 | 218,053 | ||||||
0.00%, 12/01/2025 | 345,000 | 280,164 | ||||||
5.00%, 12/01/2021 | 1,000,000 | 1,010,380 | ||||||
5.00%, 12/01/2023 | 2,000,000 | 2,036,980 | ||||||
5.00%, 12/01/2024 | 130,000 | 132,777 | ||||||
5.00%, 12/01/2024 | 2,175,000 | 2,221,458 | ||||||
5.00%, 12/01/2025 | 475,000 | 486,191 | ||||||
5.00%, 12/01/2025 | 1,160,000 | 1,187,330 | ||||||
5.00%, 12/01/2025 | 2,500,000 | 2,892,050 | ||||||
5.00%, 12/01/2026 | 145,000 | 148,803 | ||||||
5.00%, 12/01/2026 | 3,660,000 | 3,756,002 | ||||||
5.00%, 12/01/2027 | 850,000 | 873,358 | ||||||
5.00%, 12/01/2028 | 1,270,000 | 1,305,738 | ||||||
5.00%, 12/01/2029 | 540,000 | 554,996 | ||||||
5.00%, 12/01/2029 | 905,000 | 930,132 | ||||||
5.00%, 12/01/2030 | 2,000,000 | 2,047,360 | ||||||
5.00%, 12/01/2030 | 2,220,000 | 2,272,570 | ||||||
5.00%, 12/01/2031 | 2,185,000 | 2,231,519 | ||||||
5.00%, 12/01/2033 | 300,000 | 304,680 | ||||||
5.00%, 12/01/2034 | 250,000 | 298,415 | ||||||
5.00%, 12/01/2041 | 785,000 | 768,939 | ||||||
5.00%, 12/01/2042 | 200,000 | 198,100 | ||||||
5.00%, 12/01/2046 | 1,455,000 | 1,418,363 | ||||||
5.25%, 12/01/2041 | 3,000,000 | 3,004,170 | ||||||
6.50%, 12/01/2046 | 100,000 | 107,966 | ||||||
6.75%, 12/01/2030(3) | 1,500,000 | 1,649,265 | ||||||
7.00%, 12/01/2046(3) | 400,000 | 447,408 | ||||||
Chicago Midway International Airport | ||||||||
5.00%, 01/01/2021 | 5,000,000 | 5,113,200 | ||||||
5.00%, 01/01/2027 | 1,800,000 | 2,054,844 | ||||||
5.00%, 01/01/2032 | 2,000,000 | 2,191,100 | ||||||
5.00%, 01/01/2034 | 1,000,000 | 1,094,790 | ||||||
5.00%, 01/01/2041 | 835,000 | 951,842 | ||||||
5.00%, 01/01/2046 | 300,000 | 338,886 | ||||||
5.50%, 01/01/2028 | 5,000,000 | 5,445,650 | ||||||
Chicago O’Hare International Airport | ||||||||
5.00%, 01/01/2021 | 1,535,000 | 1,572,761 | ||||||
5.00%, 01/01/2022 | 520,000 | 549,406 | ||||||
5.00%, 01/01/2023 | 1,000,000 | 1,082,270 | ||||||
5.00%, 01/01/2024 | 865,000 | 947,979 | ||||||
5.00%, 01/01/2025 | 415,000 | 463,248 | ||||||
5.00%, 01/01/2027 | 385,000 | 443,859 | ||||||
5.00%, 01/01/2028 | 1,000,000 | 1,145,790 | ||||||
5.00%, 01/01/2030 | 520,000 | 608,556 | ||||||
5.00%, 01/01/2030 | 2,000,000 | 2,207,940 | ||||||
5.00%, 01/01/2030 | 2,000,000 | 2,235,380 | ||||||
5.00%, 01/01/2031 | 660,000 | 748,783 | ||||||
5.00%, 01/01/2031 | 700,000 | 772,121 | ||||||
5.00%, 01/01/2031 | 835,000 | 973,259 |
5.00%, 01/01/2032 | 1,140,000 | 1,323,221 | ||||||
5.00%, 01/01/2032 | 1,300,000 | 1,432,717 | ||||||
5.00%, 01/01/2032 | 10,225,000 | 11,394,331 | ||||||
5.00%, 01/01/2033 | 345,000 | 389,157 | ||||||
5.00%, 01/01/2033 | 1,200,000 | 1,389,576 | ||||||
5.00%, 01/01/2033 | 2,520,000 | 2,804,609 | ||||||
5.00%, 07/01/2033 | 550,000 | 607,948 | ||||||
5.00%, 01/01/2034 | 400,000 | 450,320 | ||||||
5.00%, 01/01/2035 | 1,285,000 | 1,479,922 | ||||||
5.00%, 01/01/2036 | 430,000 | 481,295 | ||||||
5.00%, 01/01/2042 | 500,000 | 552,325 | ||||||
5.00%, 01/01/2048 | 1,025,000 | 1,148,205 | ||||||
5.00%, 01/01/2053 | 615,000 | 701,383 | ||||||
Chicago Park District | ||||||||
4.00%, 01/01/2022 | 500,000 | 511,600 | ||||||
5.00%, 01/01/2025 | 500,000 | 508,255 | ||||||
5.00%, 01/01/2029 | 3,000,000 | 3,335,820 | ||||||
5.00%, 01/01/2036 | 480,000 | 495,557 | ||||||
Chicago Transit Authority | ||||||||
5.00%, 06/01/2022 | 265,000 | 284,393 | ||||||
5.00%, 06/01/2023 | 240,000 | 265,202 | ||||||
5.00%, 06/01/2024 | 200,000 | 227,286 | ||||||
5.00%, 06/01/2025 | 200,000 | 233,296 | ||||||
5.00%, 06/01/2026 | 160,000 | 191,184 | ||||||
5.00%, 06/01/2026 | 8,275,000 | 9,887,797 | ||||||
5.25%, 06/01/2024 | 2,000,000 | 2,063,220 | ||||||
City of Chicago IL | ||||||||
5.00%, 01/01/2022 | 460,000 | 491,367 | ||||||
5.00%, 01/01/2027 | 500,000 | 588,425 | ||||||
5.00%, 01/01/2030 | 2,000,000 | 2,072,060 | ||||||
5.00%, 01/01/2031 | 1,000,000 | 1,032,920 | ||||||
5.00%, 01/01/2035 | 750,000 | 760,778 | ||||||
5.00%, 01/01/2035 | 2,650,000 | 2,675,917 | ||||||
5.00%, 01/01/2039 | 1,200,000 | 1,211,160 | ||||||
5.25%, 01/01/2027 | 2,435,000 | 2,520,517 | ||||||
5.50%, 01/01/2035 | 1,000,000 | 1,037,480 | ||||||
5.75%, 01/01/2034 | 2,000,000 | 2,135,460 | ||||||
City of Chicago IL Motor Fuel Tax Revenue | ||||||||
5.00%, 01/01/2025 | 2,000,000 | 2,019,380 | ||||||
City of Chicago IL Wastewater Transmission Revenue | ||||||||
5.00%, 01/01/2023 | 450,000 | 487,526 | ||||||
5.00%, 01/01/2024 | 500,000 | 551,180 | ||||||
5.00%, 01/01/2028 | 2,900,000 | 3,225,612 | ||||||
5.00%, 01/01/2029 | 1,300,000 | 1,443,468 | ||||||
5.00%, 01/01/2030 | 1,000,000 | 1,198,800 | ||||||
5.00%, 01/01/2030 | 1,310,000 | 1,500,291 | ||||||
5.00%, 01/01/2033 | 2,000,000 | 2,273,900 | ||||||
5.00%, 01/01/2039 | 1,000,000 | 1,118,170 | ||||||
City of Chicago IL Waterworks Revenue | ||||||||
4.00%, 11/01/2023 | 1,025,000 | 1,081,355 | ||||||
5.00%, 11/01/2020 | 1,030,000 | 1,050,384 | ||||||
5.00%, 11/01/2021 | 1,525,000 | 1,606,572 | ||||||
5.00%, 11/01/2022 | 1,000,000 | 1,080,740 | ||||||
5.00%, 11/01/2023 | 650,000 | 719,674 |
5.00%, 11/01/2024 | 250,000 | 280,805 | ||||||
5.00%, 11/01/2024 | 1,000,000 | 1,123,220 | ||||||
5.00%, 11/01/2024 | 1,150,000 | 1,291,703 | ||||||
5.00%, 11/01/2025 | 1,000,000 | 1,138,210 | ||||||
5.00%, 11/01/2026 | 1,000,000 | 1,135,850 | ||||||
5.00%, 11/01/2033 | 500,000 | 559,760 | ||||||
City of Springfield IL | ||||||||
5.00%, 12/01/2024 | 340,000 | 386,957 | ||||||
5.00%, 12/01/2025 | 395,000 | 459,930 | ||||||
5.00%, 12/01/2026 | 160,000 | 184,027 | ||||||
City of Waukegan IL | ||||||||
4.00%, 12/30/2024 | 540,000 | 594,724 | ||||||
Cook County Community College District No 508 | ||||||||
5.25%, 12/01/2028 | 1,150,000 | 1,182,809 | ||||||
Cook County Township High School District No 227 Rich Township | ||||||||
1.38%, 12/01/2040(1) | 3,250,000 | 3,238,853 | ||||||
Cook Kane Lake & McHenry Counties Community College District No 512 | ||||||||
5.00%, 12/01/2024 | 850,000 | 989,697 | ||||||
County of Cook IL | ||||||||
5.00%, 11/15/2023 | 3,090,000 | 3,453,353 | ||||||
5.00%, 11/15/2026 | 1,000,000 | 1,007,360 | ||||||
5.00%, 11/15/2026 | 1,450,000 | 1,501,156 | ||||||
5.00%, 11/15/2029 | 1,000,000 | 1,025,180 | ||||||
5.00%, 11/15/2030 | 500,000 | 511,900 | ||||||
5.00%, 11/15/2034 | 1,200,000 | 1,222,440 | ||||||
5.25%, 11/15/2022 | 405,000 | 408,775 | ||||||
5.25%, 11/15/2028 | 1,035,000 | 1,054,323 | ||||||
County of Cook IL Sales Tax Revenue | ||||||||
5.00%, 11/15/2029 | 1,085,000 | 1,183,171 | ||||||
5.00%, 11/15/2033 | 2,795,000 | 3,406,518 | ||||||
5.25%, 11/15/2035 | 3,000,000 | 3,682,110 | ||||||
County of Kankakee IL | ||||||||
4.00%, 12/01/2020 | 515,000 | 522,262 | ||||||
County of Kendall IL | ||||||||
5.00%, 12/15/2024 | 2,190,000 | 2,527,829 | ||||||
Illinois Finance Authority | ||||||||
1.75%, 11/15/2042(1) | 1,770,000 | 1,764,442 | ||||||
2.25%, 11/15/2042(1) | 500,000 | 504,490 | ||||||
3.00%, 07/01/2035 | 2,250,000 | 2,357,933 | ||||||
3.63%, 02/15/2032 | 355,000 | 376,833 | ||||||
3.75%, 02/15/2034 | 200,000 | 215,792 | ||||||
4.00%, 05/15/2023 | 45,000 | 48,774 | ||||||
4.00%, 05/15/2023 | 320,000 | 319,338 | ||||||
4.00%, 11/01/2030 | 2,500,000 | 2,872,725 | ||||||
4.00%, 09/01/2032 | 40,000 | 41,820 | ||||||
4.00%, 02/15/2036 | 800,000 | 868,584 | ||||||
4.00%, 02/15/2041 | 5,000 | 5,841 | ||||||
4.00%, 02/15/2041 | 130,000 | 151,876 | ||||||
4.00%, 02/15/2041 | 2,760,000 | 2,973,872 | ||||||
4.13%, 08/15/2037 | 1,090,000 | 1,143,225 | ||||||
4.75%, 05/15/2033 | 125,000 | 138,343 | ||||||
4.75%, 05/15/2033 | 835,000 | 834,148 | ||||||
5.00%, 08/01/2021 | 445,000 | 464,469 | ||||||
5.00%, 02/15/2022 | 215,000 | 230,097 |
5.00%, 07/01/2022 | 1,000,000 | 1,085,600 | ||||||
5.00%, 12/01/2022 | 325,000 | 346,005 | ||||||
5.00%, 11/15/2023 | 1,680,000 | 1,884,473 | ||||||
5.00%, 12/01/2023 | 1,880,000 | 2,104,359 | ||||||
5.00%, 01/01/2024 | 250,000 | 278,455 | ||||||
5.00%, 02/15/2024 | 215,000 | 235,919 | ||||||
5.00%, 05/15/2024 | 350,000 | 397,873 | ||||||
5.00%, 02/15/2025 | 695,000 | 808,917 | ||||||
5.00%, 07/15/2025 | 230,000 | 272,046 | ||||||
5.00%, 08/01/2025 | 1,605,000 | 1,853,310 | ||||||
5.00%, 02/15/2026 | 360,000 | 410,742 | ||||||
5.00%, 02/15/2026 | 1,345,000 | 1,604,370 | ||||||
5.00%, 03/01/2028 | 15,000 | 17,745 | ||||||
5.00%, 05/15/2028 | 12,620,000 | 15,644,635 | ||||||
5.00%, 09/01/2028 | 500,000 | 556,340 | ||||||
5.00%, 01/01/2029 | 1,650,000 | 2,032,239 | ||||||
5.00%, 02/15/2029 | 1,445,000 | 1,663,152 | ||||||
5.00%, 10/01/2029 | 505,000 | 641,360 | ||||||
5.00%, 12/01/2029 | 340,000 | 397,824 | ||||||
5.00%, 02/15/2030 | 1,240,000 | 1,422,144 | ||||||
5.00%, 07/01/2030 | 275,000 | 327,242 | ||||||
5.00%, 07/15/2030 | 710,000 | 882,779 | ||||||
5.00%, 08/01/2030 | 870,000 | 1,025,834 | ||||||
5.00%, 09/01/2030 | 430,000 | 477,274 | ||||||
5.00%, 10/01/2030 | 565,000 | 715,109 | ||||||
5.00%, 11/15/2030 | 2,000,000 | 2,283,060 | ||||||
5.00%, 01/01/2031 | 3,545,000 | 4,193,983 | ||||||
5.00%, 02/15/2031 | 300,000 | 342,915 | ||||||
5.00%, 05/15/2031 | 5,000,000 | 6,162,600 | ||||||
5.00%, 07/01/2031 | 1,420,000 | 1,722,716 | ||||||
5.00%, 05/15/2033 | 795,000 | 732,958 | ||||||
5.00%, 08/15/2033 | 250,000 | 286,085 | ||||||
5.00%, 10/01/2033 | 700,000 | 877,625 | ||||||
5.00%, 01/01/2034 | 605,000 | 709,556 | ||||||
5.00%, 02/15/2034 | 1,890,000 | 2,146,624 | ||||||
5.00%, 07/01/2034 | 300,000 | 352,806 | ||||||
5.00%, 08/15/2034 | 2,500,000 | 3,018,075 | ||||||
5.00%, 11/15/2034 | 300,000 | 340,023 | ||||||
5.00%, 11/15/2034 | 3,000,000 | 3,400,230 | ||||||
5.00%, 08/15/2035 | 100,000 | 113,380 | ||||||
5.00%, 08/15/2035 | 600,000 | 683,112 | ||||||
5.00%, 02/15/2036 | 905,000 | 1,022,722 | ||||||
5.00%, 07/01/2036 | 830,000 | 967,971 | ||||||
5.00%, 08/15/2036 | 1,000,000 | 1,135,820 | ||||||
5.00%, 10/01/2036 | 620,000 | 769,184 | ||||||
5.00%, 01/01/2037 | 2,785,000 | 3,244,748 | ||||||
5.00%, 05/15/2037 | 395,000 | 394,076 | ||||||
5.00%, 05/15/2037 | 1,050,000 | 1,043,973 | ||||||
5.00%, 08/15/2037 | 1,000,000 | 1,133,140 | ||||||
5.00%, 11/15/2038 | 3,795,000 | 4,266,832 | ||||||
5.00%, 02/15/2041 | 1,535,000 | 1,721,856 | ||||||
5.00%, 08/01/2042 | 120,000 | 126,602 | ||||||
5.00%, 01/01/2044 | 4,145,000 | 4,757,175 | ||||||
5.00%, 08/15/2044 | 200,000 | 223,706 |
5.00%, 11/15/2045 | 2,565,000 | 2,909,890 | ||||||
5.00%, 12/01/2046 | 5,950,000 | 6,680,303 | ||||||
5.00%, 05/15/2047 | 100,000 | 95,152 | ||||||
5.00%, 08/01/2049 | 140,000 | 146,553 | ||||||
5.00%, 07/15/2057(1) | 11,305,000 | 12,257,333 | ||||||
5.13%, 05/15/2038 | 1,000,000 | 897,950 | ||||||
5.25%, 08/15/2031 | 500,000 | 587,160 | ||||||
5.25%, 07/01/2035 | 20,085,000 | 25,535,667 | ||||||
5.25%, 02/15/2037 | 380,000 | 362,387 | ||||||
5.25%, 05/15/2047 | 35,000 | 39,258 | ||||||
5.25%, 05/15/2047 | 245,000 | 245,823 | ||||||
5.25%, 05/15/2054 | 1,000,000 | 850,880 | ||||||
8.00%, 05/15/2040 | 785,000 | 790,982 | ||||||
8.00%, 05/15/2046 | 1,595,000 | 1,607,154 | ||||||
Illinois Municipal Electric Agency | ||||||||
5.00%, 02/01/2023 | 275,000 | 302,585 | ||||||
5.00%, 02/01/2031 | 470,000 | 536,571 | ||||||
Illinois Sports Facilities Authority | ||||||||
5.25%, 06/15/2032 | 1,735,000 | 1,974,638 | ||||||
Illinois State Toll Highway Authority | ||||||||
5.00%, 01/01/2024 | 935,000 | 1,045,741 | ||||||
5.00%, 01/01/2028 | 3,000,000 | 3,602,940 | ||||||
5.00%, 12/01/2031 | 235,000 | 272,739 | ||||||
5.00%, 12/01/2032 | 425,000 | 492,498 | ||||||
5.00%, 01/01/2034 | 1,300,000 | 1,551,121 | ||||||
5.00%, 01/01/2037 | 1,260,000 | 1,440,054 | ||||||
5.00%, 01/01/2038 | 3,800,000 | 4,267,210 | ||||||
5.00%, 01/01/2041 | 7,000,000 | 8,079,190 | ||||||
Illinois State University | ||||||||
5.00%, 04/01/2032 | 1,370,000 | 1,643,877 | ||||||
Kane & DeKalb Counties Community Unit School District No 302 Kaneland | ||||||||
5.00%, 02/01/2025 | 4,125,000 | 4,760,745 | ||||||
5.00%, 02/01/2026 | 1,930,000 | 2,282,283 | ||||||
Lake County Community Unit School District No 60 Waukegan | ||||||||
5.00%, 01/01/2026 | 1,000,000 | 1,133,470 | ||||||
5.00%, 01/01/2027 | 100,000 | 117,180 | ||||||
5.00%, 01/01/2027 | 2,100,000 | 2,375,646 | ||||||
McHenry County Community Unit School District No 12 Johnsburg | ||||||||
5.00%, 01/01/2026 | 925,000 | 1,038,137 | ||||||
McHenry County Community Unit School District No 200 Woodstock | ||||||||
0.00%, 01/15/2024 | 1,000,000 | 933,270 | ||||||
0.00%, 01/15/2025 | 1,000,000 | 913,270 | ||||||
0.00%, 01/15/2026 | 1,000,000 | 891,400 | ||||||
Metropolitan Pier & Exposition Authority | ||||||||
0.00%, 06/15/2020 | 1,205,000 | 1,200,734 | ||||||
0.00%, 06/15/2028 | 14,270,000 | 11,262,740 | ||||||
0.00%, 06/15/2029 | 2,500,000 | 1,890,400 | ||||||
0.00%, 12/15/2030 | 11,000,000 | 7,851,470 | ||||||
0.00%, 12/15/2034 | 550,000 | 324,940 | ||||||
5.00%, 12/15/2026 | 2,000,000 | 2,017,760 | ||||||
5.00%, 12/15/2028 | 1,000,000 | 1,022,380 | ||||||
5.00%, 12/15/2028 | 2,815,000 | 2,835,212 | ||||||
5.00%, 12/15/2032 | 550,000 | 556,672 | ||||||
5.00%, 06/15/2050 | 13,285,000 | 12,997,645 | ||||||
5.00%, 06/15/2057 | 5,550,000 | 5,403,369 |
Metropolitan Water Reclamation District of Greater Chicago | ||||||||
5.00%, 12/01/2031 | 5,700,000 | 5,983,062 | ||||||
5.25%, 12/01/2032 | 1,800,000 | 2,435,814 | ||||||
Peoria Metropolitan Airport Authority | ||||||||
5.00%, 12/01/2026 | 1,375,000 | 1,618,155 | ||||||
Peoria Public Building Commission | ||||||||
5.00%, 12/01/2022 | 1,500,000 | 1,637,085 | ||||||
Railsplitter Tobacco Settlement Authority | ||||||||
5.00%, 06/01/2023 | 2,265,000 | 2,497,683 | ||||||
5.00%, 06/01/2024 | 5,275,000 | 5,976,417 | ||||||
5.50%, 06/01/2023 | 1,240,000 | 1,302,608 | ||||||
Regional Transportation Authority | ||||||||
5.00%, 07/01/2020 | 400,000 | 403,700 | ||||||
5.00%, 07/01/2021 | 400,000 | 418,500 | ||||||
Sales Tax Securitization Corp. | ||||||||
5.00%, 01/01/2025 | 1,000,000 | 1,099,970 | ||||||
5.00%, 01/01/2025 | 4,000,000 | 4,399,880 | ||||||
5.00%, 01/01/2026 | 2,000,000 | 2,236,060 | ||||||
5.00%, 01/01/2030 | 1,000,000 | 1,180,070 | ||||||
State of Illinois | ||||||||
4.00%, 01/01/2023 | 330,000 | 331,254 | ||||||
5.00%, 11/01/2020 | 610,000 | 614,813 | ||||||
5.00%, 02/01/2021 | 6,000,000 | 6,067,320 | ||||||
5.00%, 09/01/2021 | 1,365,000 | 1,390,880 | ||||||
5.00%, 10/01/2021 | 2,000,000 | 2,040,160 | ||||||
5.00%, 11/01/2021 | 10,625,000 | 10,849,612 | ||||||
5.00%, 08/01/2022 | 3,000,000 | 3,082,530 | ||||||
5.00%, 09/01/2022 | 1,340,000 | 1,378,043 | ||||||
5.00%, 11/01/2022 | 2,500,000 | 2,572,125 | ||||||
5.00%, 02/01/2023 | 200,000 | 206,514 | ||||||
5.00%, 02/01/2023 | 235,000 | 242,654 | ||||||
5.00%, 09/01/2023 | 1,365,000 | 1,417,512 | ||||||
5.00%, 11/01/2023 | 4,160,000 | 4,319,952 | ||||||
5.00%, 06/15/2024 | 2,305,000 | 2,339,944 | ||||||
5.00%, 09/01/2024 | 1,365,000 | 1,430,629 | ||||||
5.00%, 02/01/2025 | 455,000 | 473,186 | ||||||
5.00%, 05/01/2025 | 3,050,000 | 3,178,557 | ||||||
5.00%, 06/01/2025 | 880,000 | 925,866 | ||||||
5.00%, 06/15/2025 | 4,090,000 | 4,189,632 | ||||||
5.00%, 11/01/2025 | 2,040,000 | 2,152,588 | ||||||
5.00%, 11/01/2025 | 11,200,000 | 11,818,128 | ||||||
5.00%, 06/01/2026 | 125,000 | 131,692 | ||||||
5.00%, 10/01/2026 | 2,270,000 | 2,395,803 | ||||||
5.00%, 11/01/2026 | 9,230,000 | 9,690,946 | ||||||
5.00%, 02/01/2027 | 635,000 | 665,848 | ||||||
5.00%, 02/01/2028 | 1,000,000 | 1,040,370 | ||||||
5.00%, 05/01/2028 | 265,000 | 271,665 | ||||||
5.00%, 11/01/2028 | 3,000,000 | 3,114,240 | ||||||
5.00%, 02/01/2029 | 1,000,000 | 1,034,140 | ||||||
5.00%, 04/01/2029 | 605,000 | 617,681 | ||||||
5.00%, 01/01/2031 | 11,000,000 | 11,091,080 | ||||||
5.00%, 10/01/2031 | 800,000 | 826,456 | ||||||
5.00%, 05/01/2032 | 800,000 | 813,336 |
5.00%, 05/01/2034 | 2,500,000 | 2,534,775 | ||||||
5.25%, 02/01/2029 | 3,720,000 | 3,828,178 | ||||||
5.25%, 02/01/2030 | 100,000 | 102,765 | ||||||
5.25%, 12/01/2030 | 18,185,000 | 19,067,336 | ||||||
5.25%, 02/01/2031 | 760,000 | 779,760 | ||||||
5.50%, 07/01/2024 | 1,000,000 | 1,051,360 | ||||||
5.50%, 07/01/2025 | 400,000 | 419,588 | ||||||
5.50%, 07/01/2038 | 1,500,000 | 1,530,585 | ||||||
Upper Illinois River Valley Development Authority | ||||||||
5.25%, 12/01/2037(3) | 2,005,000 | 1,948,659 | ||||||
Village of Bedford Park IL | ||||||||
4.00%, 12/01/2020 | 1,180,000 | 1,194,679 | ||||||
Village of Bolingbrook IL | ||||||||
4.00%, 03/01/2023 | 500,000 | 536,285 | ||||||
4.00%, 03/01/2025 | 500,000 | 557,045 | ||||||
4.00%, 03/01/2027 | 1,000,000 | 1,146,800 | ||||||
Village of Hillside IL | ||||||||
5.00%, 01/01/2024 | 725,000 | 730,807 | ||||||
Will County Community Unit School District No 365 Valley View | ||||||||
0.00%, 11/01/2025 | 1,520,000 | 1,369,307 | ||||||
0.00%, 11/01/2026 | 905,000 | 806,165 | ||||||
5.00%, 11/01/2023 | 420,000 | 470,908 | ||||||
5.00%, 11/01/2024 | 2,390,000 | 2,753,256 | ||||||
5.00%, 11/01/2026 | 1,800,000 | 2,176,398 | ||||||
|
| |||||||
Total Illinois | 581,795,033 | |||||||
|
| |||||||
Indiana – 2.33% | ||||||||
Ball State University | ||||||||
5.00%, 07/01/2033 | 955,000 | 1,165,635 | ||||||
City of Whiting IN | ||||||||
5.00%, 12/01/2044(1) | 19,230,000 | 20,974,546 | ||||||
5.00%, 11/01/2045(1) | 3,000,000 | 3,135,690 | ||||||
5.25%, 01/01/2021 | 1,745,000 | 1,766,708 | ||||||
County of St Joseph IN | ||||||||
5.00%, 04/01/2033 | 1,245,000 | 1,497,797 | ||||||
Indiana Finance Authority | ||||||||
1.65%, 12/01/2042(1) | 2,145,000 | 2,139,916 | ||||||
2.25%, 12/01/2058(1) | 1,285,000 | 1,343,904 | ||||||
5.00%, 12/01/2024 | 3,000,000 | 3,513,780 | ||||||
5.00%, 05/01/2026 | 1,100,000 | 1,331,682 | ||||||
5.00%, 11/01/2026 | 1,200,000 | 1,471,068 | ||||||
5.00%, 05/01/2027 | 700,000 | 867,524 | ||||||
5.00%, 05/01/2029 | 685,000 | 883,410 | ||||||
5.00%, 11/01/2029 | 2,350,000 | 2,892,756 | ||||||
5.00%, 09/01/2031 | 440,000 | 522,755 | ||||||
5.00%, 06/01/2032 | 2,750,000 | 2,810,940 | ||||||
5.00%, 03/01/2036 | 4,000,000 | 4,557,000 | ||||||
5.00%, 09/01/2036 | 1,000,000 | 1,174,580 | ||||||
5.00%, 06/01/2039 | 1,200,000 | 1,225,380 | ||||||
5.00%, 07/01/2048 | 3,600,000 | 3,548,268 | ||||||
5.25%, 02/01/2033 | 2,500,000 | 2,982,625 | ||||||
5.25%, 10/01/2038 | 15,010,000 | 15,880,430 | ||||||
5.25%, 01/01/2051 | 5,450,000 | 5,398,606 | ||||||
6.00%, 12/01/2026 | 2,035,000 | 1,837,259 |
Indiana Health & Educational Facilities Financing Authority | ||||||||
1.75%, 11/15/2031(1) | 3,000,000 | 2,985,090 | ||||||
Indiana Health Facility Financing Authority | ||||||||
1.25%, 11/01/2027(1) | 920,000 | 919,604 | ||||||
1.35%, 11/01/2027(1) | 1,075,000 | 1,073,463 | ||||||
2.00%, 11/15/2036(1) | 2,070,000 | 2,086,167 | ||||||
Indiana Housing & Community Development Authority | ||||||||
1.65%, 04/01/2022(1) | 7,500,000 | 7,503,675 | ||||||
3.50%, 01/01/2049 | 1,220,000 | 1,300,361 | ||||||
Indianapolis Local Public Improvement Bond Bank | ||||||||
1.45%, 06/01/2021 | 4,440,000 | 4,440,000 | ||||||
5.00%, 01/01/2021 | 370,000 | 380,419 | ||||||
5.00%, 01/01/2022 | 755,000 | 801,734 | ||||||
5.00%, 01/01/2023 | 285,000 | 306,777 | ||||||
5.00%, 07/15/2023 | 300,000 | 335,742 | ||||||
5.00%, 07/15/2024 | 1,000,000 | 1,150,920 | ||||||
5.00%, 07/15/2025 | 750,000 | 885,428 | ||||||
5.00%, 01/15/2026 | 720,000 | 860,170 | ||||||
5.00%, 01/15/2027 | 700,000 | 854,840 | ||||||
5.00%, 01/15/2028 | 500,000 | 621,540 | ||||||
5.00%, 01/01/2029 | 1,000,000 | 1,140,580 | ||||||
5.00%, 01/01/2031 | 1,000,000 | 1,135,830 | ||||||
5.00%, 02/01/2044 | 12,000,000 | 14,561,160 | ||||||
Lebanon Middle School Building Corp. | ||||||||
5.00%, 01/10/2023 | 1,065,000 | 1,171,575 | ||||||
5.00%, 07/10/2023 | 1,740,000 | 1,942,310 | ||||||
Purdue University | ||||||||
4.75%, 07/01/2032(1) | 4,620,000 | 4,620,000 | ||||||
Westfield-Washington Multi-School Building Corp. | ||||||||
5.00%, 01/15/2028 | 390,000 | 466,354 | ||||||
5.00%, 01/15/2029 | 540,000 | 644,933 | ||||||
5.00%, 01/15/2030 | 700,000 | 834,708 | ||||||
|
| |||||||
Total Indiana | 135,945,639 | |||||||
|
| |||||||
Iowa – 0.64% | ||||||||
City of Coralville IA | ||||||||
4.00%, 05/01/2030 | 1,200,000 | 1,226,472 | ||||||
Iowa Finance Authority | ||||||||
2.88%, 05/15/2049 | 895,000 | 866,530 | ||||||
3.13%, 12/01/2022 | 8,125,000 | 7,618,000 | ||||||
3.25%, 03/01/2023 | 3,300,000 | 3,187,569 | ||||||
4.75%, 08/01/2042 | 980,000 | 1,024,110 | ||||||
5.00%, 05/15/2043 | 270,000 | 276,810 | ||||||
5.00%, 05/15/2048 | 335,000 | 341,817 | ||||||
5.25%, 12/01/2025 | 3,000,000 | 3,065,880 | ||||||
Iowa Student Loan Liquidity Corp. | ||||||||
5.00%, 12/01/2025 | 1,000,000 | 1,167,300 | ||||||
5.00%, 12/01/2025 | 1,775,000 | 2,046,167 | ||||||
5.00%, 12/01/2028 | 1,640,000 | 2,053,706 | ||||||
PEFA, Inc. | ||||||||
5.00%, 09/01/2049(1) | 13,000,000 | 14,282,840 | ||||||
|
| |||||||
Total Iowa | 37,157,201 | |||||||
|
| |||||||
Kansas – 0.15% | ||||||||
City of Lenexa KS | ||||||||
5.00%, 05/15/2021 | 500,000 | 506,110 | ||||||
5.00%, 05/15/2039 | 325,000 | 331,721 |
Johnson County Unified School District No 232 de Soto | ||||||||
5.00%, 09/01/2022 | 350,000 | 381,657 | ||||||
Kansas Development Finance Authority | ||||||||
5.00%, 11/15/2032 | 7,325,000 | 7,781,128 | ||||||
|
| |||||||
Total Kansas | 9,000,616 | |||||||
|
| |||||||
Kentucky – 2.58% | ||||||||
City of Ashland KY | ||||||||
4.00%, 02/01/2034 | 500,000 | 543,605 | ||||||
4.00%, 02/01/2038 | 620,000 | 664,001 | ||||||
5.00%, 02/01/2028 | 255,000 | 305,477 | ||||||
5.00%, 02/01/2032 | 395,000 | 476,058 | ||||||
City of Russell KY | ||||||||
5.00%, 11/01/2022 | 3,200,000 | 3,499,488 | ||||||
County of Carroll KY | ||||||||
1.55%, 09/01/2042(1) | 6,250,000 | 6,340,750 | ||||||
County of Trimble KY | ||||||||
2.55%, 11/01/2027(1) | 6,730,000 | 6,793,464 | ||||||
Kentucky Asset Liability Commission | ||||||||
5.00%, 09/01/2024 | 1,000,000 | 1,144,530 | ||||||
5.00%, 09/01/2025 | 1,250,000 | 1,464,312 | ||||||
Kentucky Economic Development Finance Authority | ||||||||
5.00%, 06/01/2024 | 1,000,000 | 1,118,000 | ||||||
5.00%, 08/01/2030 | 2,160,000 | 2,477,477 | ||||||
5.00%, 05/15/2031 | 100,000 | 95,395 | ||||||
5.00%, 06/01/2037 | 325,000 | 360,237 | ||||||
5.00%, 06/01/2041 | 225,000 | 244,546 | ||||||
5.00%, 06/01/2045 | 1,000,000 | 1,066,840 | ||||||
5.00%, 12/01/2045 | 300,000 | 350,709 | ||||||
5.00%, 05/15/2046 | 500,000 | 433,835 | ||||||
5.00%, 12/01/2047 | 620,000 | 670,722 | ||||||
5.00%, 05/15/2051 | 325,000 | 276,998 | ||||||
5.25%, 06/01/2041 | 725,000 | 813,914 | ||||||
6.25%, 11/15/2046 | 750,000 | 486,990 | ||||||
6.38%, 06/01/2040 | 2,550,000 | 2,571,343 | ||||||
6.50%, 03/01/2045 | 1,000,000 | 1,008,560 | ||||||
Kentucky Higher Education Student Loan Corp. | ||||||||
5.00%, 06/01/2020 | 600,000 | 603,090 | ||||||
5.00%, 06/01/2021 | 610,000 | 632,119 | ||||||
Kentucky Housing Corp. | ||||||||
1.16%, 02/01/2023(1) | 3,000,000 | 2,979,720 | ||||||
2.45%, 04/01/2021(1) | 13,000,000 | 13,057,720 | ||||||
Kentucky Public Energy Authority | ||||||||
4.00%, 04/01/2048(1) | 5,000,000 | 5,167,200 | ||||||
4.00%, 01/01/2049(1) | 12,500,000 | 12,511,375 | ||||||
4.00%, 12/01/2049(1) | 10,000,000 | 10,411,100 | ||||||
4.00%, 12/01/2049(1) | 11,270,000 | 11,736,127 | ||||||
4.00%, 02/01/2050(1) | 6,500,000 | 6,821,165 | ||||||
4.00%, 12/01/2050(1) | 16,220,000 | 16,202,807 | ||||||
Kentucky Public Transportation Infrastructure Authority | ||||||||
5.75%, 07/01/2049 | 1,000,000 | 1,037,600 | ||||||
6.00%, 07/01/2053 | 530,000 | 553,240 | ||||||
Kentucky State Property & Building Commission | ||||||||
5.00%, 05/01/2021 | 500,000 | 520,055 | ||||||
5.00%, 05/01/2029 | 1,025,000 | 1,198,707 |
5.00%, 05/01/2029 | 1,000,000 | 1,213,640 | ||||||
5.00%, 11/01/2031 | 1,685,000 | 2,081,767 | ||||||
5.00%, 05/01/2032 | 270,000 | 328,207 | ||||||
Louisville & Jefferson County Metropolitan Government | ||||||||
1.85%, 10/01/2033(1) | 15,900,000 | 15,934,503 | ||||||
5.00%, 10/01/2020 | 1,140,000 | 1,161,295 | ||||||
5.00%, 10/01/2023 | 1,565,000 | 1,761,314 | ||||||
5.00%, 12/01/2028 | 430,000 | 463,832 | ||||||
5.00%, 12/01/2029 | 1,250,000 | 1,348,350 | ||||||
5.00%, 10/01/2030 | 2,500,000 | 2,999,400 | ||||||
5.00%, 12/01/2030 | 130,000 | 140,228 | ||||||
5.00%, 10/01/2032 | 430,000 | 510,823 | ||||||
Louisville/Jefferson County Metropolitan Government | ||||||||
5.00%, 10/01/2047(1) | 740,000 | 840,041 | ||||||
5.00%, 10/01/2047(1) | 1,100,000 | 1,293,941 | ||||||
5.00%, 10/01/2047(1) | 2,165,000 | 2,351,515 | ||||||
University of Louisville | ||||||||
3.00%, 09/01/2021 | 1,230,000 | 1,258,843 | ||||||
|
| |||||||
Total Kentucky | 150,326,975 | |||||||
|
| |||||||
Louisiana – 1.23% | ||||||||
Calcasieu Parish Memorial Hospital Service District | ||||||||
5.00%, 12/01/2025 | 285,000 | 326,083 | ||||||
5.00%, 12/01/2026 | 255,000 | 296,310 | ||||||
5.00%, 12/01/2027 | 300,000 | 353,277 | ||||||
5.00%, 12/01/2028 | 300,000 | 357,138 | ||||||
5.00%, 12/01/2029 | 1,015,000 | 1,219,218 | ||||||
Greater New Orleans Expressway Commission | ||||||||
5.00%, 11/01/2034 | 1,000,000 | 1,172,320 | ||||||
Greater Ouachita Water Co. | ||||||||
5.00%, 09/01/2027 | 1,000,000 | 1,220,740 | ||||||
5.00%, 09/01/2028 | 500,000 | 621,510 | ||||||
5.00%, 09/01/2029 | 365,000 | 461,083 | ||||||
Jefferson Parish Economic Development & Port District | ||||||||
5.50%, 06/15/2038(3) | 600,000 | 599,262 | ||||||
5.63%, 06/15/2048(3) | 700,000 | 687,120 | ||||||
Jefferson Parish Hospital Service District No 1 | ||||||||
5.50%, 01/01/2026 | 3,000,000 | 3,097,440 | ||||||
Louisiana Local Government Environmental Facilities & Community Development Auth | ||||||||
3.50%, 11/01/2032 | 4,000,000 | 3,844,800 | ||||||
5.00%, 10/01/2028 | 1,045,000 | 1,310,263 | ||||||
6.50%, 08/01/2029 | 2,200,000 | 2,204,862 | ||||||
Louisiana Offshore Terminal Authority | ||||||||
1.65%, 09/01/2027(1) | 2,500,000 | 2,517,275 | ||||||
1.65%, 09/01/2034(1) | 4,500,000 | 4,542,030 | ||||||
Louisiana Public Facilities Authority | ||||||||
0.00%, 10/01/2027 | 2,000,000 | 1,948,040 | ||||||
5.00%, 06/01/2021 | 7,695,000 | 8,027,270 | ||||||
5.00%, 12/15/2022 | 230,000 | 249,205 | ||||||
5.00%, 12/15/2023 | 335,000 | 372,064 | ||||||
5.00%, 12/15/2024 | 330,000 | 375,603 | ||||||
5.00%, 12/15/2025 | 275,000 | 320,152 | ||||||
5.00%, 12/15/2026 | 300,000 | 355,572 | ||||||
5.00%, 12/15/2028 | 250,000 | 299,170 |
5.00%, 12/15/2029 | 200,000 | 237,912 | ||||||
5.00%, 12/15/2030 | 150,000 | 177,906 | ||||||
5.00%, 05/15/2031 | 1,250,000 | 1,514,862 | ||||||
5.00%, 12/15/2031 | 390,000 | 459,892 | ||||||
5.00%, 05/15/2032 | 1,000,000 | 1,209,340 | ||||||
Louisiana State Citizens Property Insurance Corp. | ||||||||
5.00%, 06/01/2021 | 4,000,000 | 4,173,680 | ||||||
New Orleans Aviation Board | ||||||||
5.00%, 01/01/2023 | 50,000 | 54,085 | ||||||
5.00%, 01/01/2024 | 55,000 | 60,944 | ||||||
5.00%, 01/01/2024 | 1,400,000 | 1,551,298 | ||||||
5.00%, 01/01/2027 | 850,000 | 948,821 | ||||||
5.00%, 01/01/2028 | 155,000 | 181,040 | ||||||
5.00%, 01/01/2029 | 810,000 | 904,559 | ||||||
5.00%, 01/01/2030 | 275,000 | 319,066 | ||||||
5.00%, 01/01/2033 | 740,000 | 850,808 | ||||||
5.00%, 01/01/2033 | 2,600,000 | 3,101,956 | ||||||
5.00%, 01/01/2034 | 170,000 | 195,017 | ||||||
5.00%, 01/01/2034 | 750,000 | 860,370 | ||||||
5.00%, 01/01/2034 | 2,750,000 | 3,274,755 | ||||||
5.00%, 01/01/2036 | 500,000 | 570,430 | ||||||
5.00%, 01/01/2037 | 500,000 | 569,155 | ||||||
5.00%, 01/01/2040 | 1,000,000 | 1,113,410 | ||||||
5.00%, 01/01/2040 | 1,540,000 | 1,744,189 | ||||||
Parish of St John the Baptist LA | ||||||||
2.00%, 06/01/2037(1) | 2,335,000 | 2,087,537 | ||||||
2.10%, 06/01/2037(1) | 5,995,000 | 5,139,633 | ||||||
2.20%, 06/01/2037(1) | 2,475,000 | 1,990,865 | ||||||
State of Louisiana | ||||||||
5.00%, 07/15/2021 | 1,695,000 | 1,777,157 | ||||||
|
| |||||||
Total Louisiana | 71,846,494 | |||||||
|
| |||||||
Maine – 0.11% | ||||||||
Maine Health & Higher Educational Facilities Authority | ||||||||
4.00%, 07/01/2041 | 1,480,000 | 1,546,970 | ||||||
4.00%, 07/01/2046 | 330,000 | 342,910 | ||||||
5.00%, 07/01/2041 | 1,235,000 | 1,376,605 | ||||||
5.00%, 07/01/2043 | 610,000 | 651,309 | ||||||
5.00%, 07/01/2046 | 1,735,000 | 1,924,878 | ||||||
Maine Municipal Bond Bank | ||||||||
5.00%, 11/01/2033 | 650,000 | 803,511 | ||||||
|
| |||||||
Total Maine | 6,646,183 | |||||||
|
| |||||||
Maryland – 2.09% | ||||||||
City of Baltimore MD | ||||||||
5.00%, 09/01/2023 | 1,000,000 | 1,021,110 | ||||||
5.00%, 07/01/2026 | 720,000 | 871,495 | ||||||
5.00%, 07/01/2029 | 4,770,000 | 5,812,770 | ||||||
5.00%, 09/01/2030 | 3,000,000 | 3,040,380 | ||||||
5.00%, 09/01/2032 | 1,000,000 | 1,005,650 | ||||||
5.00%, 09/01/2036 | 1,770,000 | 1,741,078 | ||||||
5.00%, 09/01/2039 | 2,775,000 | 2,684,230 | ||||||
5.00%, 09/01/2046 | 2,500,000 | 2,342,275 | ||||||
City of Gaithersburg MD | ||||||||
5.00%, 01/01/2027 | 1,335,000 | 1,460,543 | ||||||
5.00%, 01/01/2033 | 130,000 | 140,677 | ||||||
5.00%, 01/01/2036 | 85,000 | 91,729 |
City of Rockville MD | ||||||||
2.50%, 11/01/2024 | 245,000 | 245,000 | ||||||
3.00%, 11/01/2025 | 580,000 | 550,397 | ||||||
4.00%, 11/01/2021 | 200,000 | 200,878 | ||||||
5.00%, 11/01/2042 | 1,250,000 | 1,234,950 | ||||||
5.00%, 11/01/2047 | 1,230,000 | 1,195,880 | ||||||
City of Westminster MD | ||||||||
6.25%, 07/01/2044 | 1,100,000 | 1,139,171 | ||||||
County of Baltimore MD | ||||||||
5.00%, 10/01/2023 | 2,495,000 | 2,812,539 | ||||||
County of Howard MD | ||||||||
4.00%, 08/15/2031 | 1,665,000 | 1,980,784 | ||||||
County of Montgomery MD | ||||||||
5.00%, 10/01/2024 | 1,210,000 | 1,413,159 | ||||||
5.38%, 07/01/2048 | 625,000 | 590,731 | ||||||
County of Prince George’s MD | ||||||||
4.00%, 08/01/2029 | 4,035,000 | 4,370,308 | ||||||
Maryland Community Development Administration | ||||||||
2.06%, 09/01/2021 | 3,000,000 | 3,002,790 | ||||||
2.60%, 09/01/2022 | 2,630,000 | 2,697,223 | ||||||
2.70%, 03/01/2023 | 3,195,000 | 3,293,023 | ||||||
2.75%, 09/01/2023 | 1,010,000 | 1,047,168 | ||||||
2.85%, 03/01/2024 | 2,560,000 | 2,669,568 | ||||||
2.95%, 03/01/2025 | 3,025,000 | 3,199,905 | ||||||
3.10%, 03/01/2026 | 1,445,000 | 1,549,835 | ||||||
3.25%, 03/01/2027 | 2,325,000 | 2,529,437 | ||||||
3.50%, 03/01/2050 | 1,300,000 | 1,386,788 | ||||||
4.00%, 09/01/2049 | 1,580,000 | 1,712,120 | ||||||
Maryland Community Development Administration Multi-Family Mortgage Revenue | ||||||||
2.34%, 04/01/2021(3) | 10,000,000 | 10,030,400 | ||||||
Maryland Economic Development Corp. | ||||||||
5.00%, 07/01/2020 | 250,000 | 251,623 | ||||||
5.00%, 07/01/2021 | 500,000 | 514,625 | ||||||
5.00%, 06/01/2023 | 215,000 | 225,799 | ||||||
5.00%, 03/31/2024 | 5,700,000 | 5,894,427 | ||||||
5.00%, 09/30/2027 | 50,000 | 55,105 | ||||||
5.00%, 06/01/2028 | 2,000,000 | 2,209,240 | ||||||
5.00%, 09/30/2030 | 905,000 | 986,984 | ||||||
5.00%, 06/01/2035 | 1,415,000 | 1,527,592 | ||||||
5.00%, 03/31/2046 | 1,680,000 | 1,776,634 | ||||||
5.00%, 06/01/2049 | 1,000,000 | 1,056,690 | ||||||
5.00%, 03/31/2051 | 1,640,000 | 1,727,510 | ||||||
5.00%, 06/01/2058 | 600,000 | 610,740 | ||||||
Maryland Health & Higher Educational Facilities Authority | ||||||||
4.00%, 07/01/2042 | 120,000 | 126,504 | ||||||
5.00%, 07/01/2024 | 535,000 | 615,806 | ||||||
5.00%, 07/01/2024 | 745,000 | 843,295 | ||||||
5.00%, 07/01/2030 | 600,000 | 667,680 | ||||||
5.00%, 07/01/2032 | 750,000 | 875,640 | ||||||
5.00%, 07/01/2035 | 75,000 | 86,776 | ||||||
5.00%, 08/15/2038 | 1,945,000 | 2,187,892 | ||||||
5.00%, 07/01/2043 | 500,000 | 543,720 |
5.00%, 07/01/2045 | 2,000,000 | 2,247,220 | ||||||
5.00%, 07/01/2048 | 1,000,000 | 1,083,420 | ||||||
5.50%, 01/01/2029 | 1,500,000 | 1,738,290 | ||||||
5.50%, 01/01/2030 | 1,750,000 | 2,017,470 | ||||||
5.50%, 01/01/2046 | 1,290,000 | 1,378,210 | ||||||
Maryland Stadium Authority | ||||||||
5.00%, 06/15/2021 | 900,000 | 941,697 | ||||||
5.00%, 05/01/2032 | 765,000 | 898,317 | ||||||
5.00%, 05/01/2041 | 5,000,000 | 5,768,100 | ||||||
Maryland State Transportation Authority | ||||||||
5.00%, 07/01/2030 | 4,655,000 | 5,793,799 | ||||||
Prince George’s County Revenue Authority | ||||||||
5.00%, 05/01/2030 | 1,085,000 | 1,366,796 | ||||||
State of Maryland | ||||||||
5.00%, 08/01/2024 | 1,450,000 | 1,684,914 | ||||||
Washington Suburban Sanitary Commission | ||||||||
3.00%, 06/01/2026 | 5,000,000 | 5,390,950 | ||||||
|
| |||||||
Total Maryland | 122,157,456 | |||||||
|
| |||||||
Massachusetts – 2.77% | ||||||||
Boston Water & Sewer Commission | ||||||||
3.75%, 11/01/2037 | 13,450,000 | 14,045,566 | ||||||
City of Boston MA | ||||||||
5.00%, 04/01/2023 | 2,095,000 | 2,331,923 | ||||||
Commonwealth of Massachusetts | ||||||||
1.05%, 08/01/2043(1) | 10,515,000 | 10,512,056 | ||||||
1.70%, 08/01/2043(1) | 1,750,000 | 1,770,685 | ||||||
5.00%, 07/01/2022 | 485,000 | 526,516 | ||||||
5.00%, 12/01/2030 | 1,500,000 | 1,832,415 | ||||||
5.00%, 01/01/2032 | 5,400,000 | 6,694,650 | ||||||
5.00%, 07/01/2036 | 12,630,000 | 14,767,249 | ||||||
5.00%, 03/01/2046 | 205,000 | 228,733 | ||||||
5.25%, 09/01/2043 | 1,250,000 | 1,553,475 | ||||||
5.50%, 12/01/2022 | 1,195,000 | 1,331,063 | ||||||
Commonwealth of Massachusetts Transportation Fund Revenue | ||||||||
3.75%, 06/01/2040 | 45,000,000 | 45,769,050 | ||||||
Massachusetts Bay Transportation Authority | ||||||||
5.25%, 07/01/2031 | 5,440,000 | 7,497,734 | ||||||
Massachusetts Development Finance Agency | ||||||||
4.00%, 10/01/2038 | 495,000 | 522,839 | ||||||
5.00%, 07/15/2022 | 355,000 | 385,388 | ||||||
5.00%, 07/01/2023 | 900,000 | 999,927 | ||||||
5.00%, 10/01/2024 | 2,020,000 | 2,339,928 | ||||||
5.00%, 07/01/2025 | 1,090,000 | 1,242,851 | ||||||
5.00%, 10/01/2025 | 905,000 | 1,020,197 | ||||||
5.00%, 07/01/2026 | 1,140,000 | 1,322,217 | ||||||
5.00%, 10/01/2026 | 955,000 | 1,092,921 | ||||||
5.00%, 07/01/2030 | 590,000 | 715,316 | ||||||
5.00%, 01/01/2031 | 475,000 | 541,091 | ||||||
5.00%, 01/01/2032 | 635,000 | 720,090 | ||||||
5.00%, 07/01/2032 | 500,000 | 584,960 | ||||||
5.00%, 01/01/2033 | 540,000 | 610,848 | ||||||
5.00%, 01/01/2034 | 710,000 | 801,363 | ||||||
5.00%, 07/01/2034 | 500,000 | 579,805 | ||||||
5.00%, 01/01/2035 | 745,000 | 839,548 |
5.00%, 01/01/2036 | 1,100,000 | 1,235,465 | ||||||
5.00%, 10/01/2037(3) | 500,000 | 505,295 | ||||||
5.00%, 07/01/2038(1) | 8,525,000 | 9,599,320 | ||||||
5.00%, 01/01/2040 | 755,000 | 851,731 | ||||||
5.00%, 10/01/2047(3) | 375,000 | 368,400 | ||||||
5.00%, 10/01/2057(3) | 1,535,000 | 1,479,679 | ||||||
5.13%, 11/15/2046(3) | 800,000 | 736,296 | ||||||
Massachusetts Educational Financing Authority | ||||||||
5.00%, 07/01/2026 | 5,000,000 | 5,894,950 | ||||||
Massachusetts Housing Finance Agency | ||||||||
5.26% (SIFMA Municipal Swap Index Yield + 0.55%), 11/01/2048(2) | 9,900,000 | 9,900,000 | ||||||
Massachusetts Port Authority | ||||||||
5.00%, 07/01/2024 | 800,000 | 911,176 | ||||||
Massachusetts School Building Authority | ||||||||
5.00%, 01/15/2028 | 1,500,000 | 1,756,020 | ||||||
5.00%, 10/15/2032 | 1,000,000 | 1,058,920 | ||||||
Massachusetts Transportation Trust Fund Metropolitan Highway System Revenue | ||||||||
5.00%, 01/01/2039(1) | 4,055,000 | 4,445,740 | ||||||
|
| |||||||
Total Massachusetts | 161,923,396 | |||||||
|
| |||||||
Michigan – 2.92% | ||||||||
Avondale School District | ||||||||
5.00%, 11/01/2022 | 600,000 | 657,696 | ||||||
5.00%, 11/01/2023 | 680,000 | 768,006 | ||||||
5.00%, 11/01/2024 | 800,000 | 930,832 | ||||||
5.00%, 11/01/2025 | 785,000 | 938,993 | ||||||
5.00%, 11/01/2026 | 765,000 | 938,885 | ||||||
Calhoun County Hospital Finance Authority | ||||||||
5.00%, 02/15/2037 | 1,695,000 | 1,866,958 | ||||||
City of Detroit MI | ||||||||
5.00%, 04/01/2021 | 1,000,000 | 1,008,220 | ||||||
5.00%, 04/01/2022 | 835,000 | 847,976 | ||||||
5.00%, 04/01/2023 | 750,000 | 766,290 | ||||||
5.00%, 04/01/2024 | 900,000 | 925,056 | ||||||
5.00%, 04/01/2025 | 900,000 | 929,700 | ||||||
5.00%, 04/01/2034 | 1,000,000 | 1,026,040 | ||||||
City of Detroit MI Sewage Disposal System Revenue | ||||||||
5.25%, 07/01/2039 | 4,050,000 | 4,342,288 | ||||||
City of Detroit MI Water Supply System Revenue | ||||||||
5.25%, 07/01/2041 | 1,000,000 | 1,041,600 | ||||||
City of Royal Oak MI | ||||||||
5.00%, 04/01/2029 | 500,000 | 632,615 | ||||||
5.00%, 04/01/2031 | 1,045,000 | 1,314,338 | ||||||
City of Wyandotte MI Electric System Revenue | ||||||||
5.00%, 10/01/2021 | 750,000 | 786,780 | ||||||
5.00%, 10/01/2022 | 800,000 | 864,472 | ||||||
5.00%, 10/01/2023 | 500,000 | 556,005 | ||||||
5.00%, 10/01/2024 | 765,000 | 870,379 | ||||||
Clarkston Community Schools | ||||||||
5.00%, 05/01/2022 | 445,000 | 479,505 | ||||||
County of Kent MI | ||||||||
5.00%, 06/01/2028 | 700,000 | 850,612 | ||||||
Detroit Downtown Development Authority | ||||||||
5.00%, 07/01/2037 | 540,000 | 597,694 | ||||||
5.00%, 07/01/2038 | 1,000,000 | 1,105,140 |
Grand Rapids Public Schools | ||||||||
5.00%, 05/01/2025 | 1,075,000 | 1,266,877 | ||||||
5.00%, 11/01/2037 | 1,750,000 | 2,182,163 | ||||||
5.00%, 11/01/2038 | 1,000,000 | 1,243,040 | ||||||
Great Lakes Water Authority Sewage Disposal System Revenue | ||||||||
5.00%, 07/01/2030 | 3,000,000 | 3,571,980 | ||||||
5.00%, 07/01/2036 | 1,000,000 | 1,178,990 | ||||||
Great Lakes Water Authority Water Supply System Revenue | ||||||||
5.00%, 07/01/2023 | 1,000,000 | 1,115,750 | ||||||
5.00%, 07/01/2036 | 1,000,000 | 1,182,220 | ||||||
Karegnondi Water Authority | ||||||||
5.25%, 11/01/2040 | 130,000 | 145,582 | ||||||
Lake Orion Community School District | ||||||||
5.00%, 05/01/2020 | 1,390,000 | 1,394,267 | ||||||
5.00%, 05/01/2021 | 1,385,000 | 1,441,937 | ||||||
5.00%, 05/01/2025 | 3,275,000 | 3,864,860 | ||||||
Michigan Finance Authority | ||||||||
3.75%, 11/15/2049(1) | 3,600,000 | 3,929,652 | ||||||
4.00%, 12/01/2035 | 1,500,000 | 1,692,405 | ||||||
4.00%, 12/01/2049 | 1,210,000 | 1,292,401 | ||||||
5.00%, 07/01/2022 | 1,235,000 | 1,338,419 | ||||||
5.00%, 11/15/2022 | 275,000 | 300,553 | ||||||
5.00%, 10/01/2023 | 1,000,000 | 1,090,350 | ||||||
5.00%, 10/01/2024 | 3,000,000 | 3,503,700 | ||||||
5.00%, 11/01/2024 | 750,000 | 869,752 | ||||||
5.00%, 11/01/2025 | 1,000,000 | 1,189,060 | ||||||
5.00%, 12/01/2026 | 1,190,000 | 1,429,904 | ||||||
5.00%, 12/01/2029 | 500,000 | 606,140 | ||||||
5.00%, 07/01/2030 | 600,000 | 681,588 | ||||||
5.00%, 10/01/2030 | 800,000 | 916,912 | ||||||
5.00%, 07/01/2033 | 350,000 | 401,891 | ||||||
5.00%, 12/01/2044(1) | 2,550,000 | 2,916,180 | ||||||
5.00%, 11/15/2048 | 760,000 | 882,672 | ||||||
Michigan State Building Authority | ||||||||
5.00%, 10/15/2021 | 1,750,000 | 1,853,110 | ||||||
5.00%, 04/15/2035 | 1,250,000 | 1,595,538 | ||||||
Michigan State Hospital Finance Authority | ||||||||
1.90%, 11/15/2047(1) | 3,850,000 | 3,843,571 | ||||||
2.40%, 11/15/2047(1) | 850,000 | 861,959 | ||||||
4.00%, 11/15/2047(1) | 4,505,000 | 4,908,873 | ||||||
4.00%, 11/15/2047(1) | 9,750,000 | 10,432,207 | ||||||
5.00%, 12/01/2022 | 125,000 | 136,321 | ||||||
5.00%, 12/01/2023 | 1,150,000 | 1,288,989 | ||||||
5.00%, 12/01/2024 | 275,000 | 316,030 | ||||||
5.00%, 12/01/2025 | 700,000 | 822,458 | ||||||
5.00%, 12/01/2027 | 415,000 | 509,184 | ||||||
Michigan State Housing Development Authority | ||||||||
4.75%, 12/01/2035(1) | 15,855,000 | 15,855,000 | ||||||
Michigan Strategic Fund | ||||||||
1.45%, 09/01/2030(1) | 1,260,000 | 1,253,347 | ||||||
1.80%, 10/01/2049(1) | 2,075,000 | 2,124,530 | ||||||
5.00%, 06/30/2025 | 2,000,000 | 2,308,220 | ||||||
5.00%, 12/31/2025 | 2,595,000 | 3,028,573 | ||||||
5.00%, 06/30/2026 | 2,800,000 | 3,304,588 |
Michigan Tobacco Settlement Finance Authority | ||||||||
0.00%, 06/01/2052 | 7,500,000 | 464,550 | ||||||
6.00%, 06/01/2048 | 7,025,000 | 6,733,884 | ||||||
Oakland University | ||||||||
5.00%, 03/01/2041 | 2,190,000 | 2,538,648 | ||||||
Portage Public Schools | ||||||||
5.00%, 11/01/2028 | 1,000,000 | 1,195,790 | ||||||
Royal Oak Hospital Finance Authority | ||||||||
5.00%, 09/01/2039 | 10,320,000 | 11,508,348 | ||||||
Royal Oak School District | ||||||||
5.00%, 05/01/2023 | 600,000 | 666,588 | ||||||
5.00%, 05/01/2024 | 600,000 | 685,692 | ||||||
Saginaw Hospital Finance Authority | ||||||||
5.00%, 07/01/2027 | 825,000 | 941,564 | ||||||
5.00%, 07/01/2028 | 435,000 | 500,946 | ||||||
State of Michigan | ||||||||
5.00%, 03/15/2021 | 1,000,000 | 1,036,660 | ||||||
5.00%, 03/15/2022 | 1,170,000 | 1,256,252 | ||||||
5.00%, 03/15/2023 | 2,000,000 | 2,218,660 | ||||||
Wayne County Airport Authority | ||||||||
5.00%, 12/01/2022 | 200,000 | 217,346 | ||||||
5.00%, 12/01/2023 | 250,000 | 278,513 | ||||||
5.00%, 12/01/2023 | 400,000 | 446,224 | ||||||
5.00%, 12/01/2023 | 550,000 | 606,551 | ||||||
5.00%, 12/01/2024 | 375,000 | 428,955 | ||||||
5.00%, 12/01/2024 | 500,000 | 563,335 | ||||||
5.00%, 12/01/2025 | 600,000 | 688,554 | ||||||
5.00%, 12/01/2027 | 4,055,000 | 4,595,734 | ||||||
5.00%, 12/01/2031 | 350,000 | 417,056 | ||||||
5.00%, 12/01/2033 | 300,000 | 356,763 | ||||||
5.00%, 12/01/2040 | 4,000,000 | 4,510,840 | ||||||
5.00%, 12/01/2042 | 900,000 | 1,025,199 | ||||||
5.00%, 12/01/2042 | 1,000,000 | 1,065,940 | ||||||
5.00%, 12/01/2047 | 1,000,000 | 1,130,270 | ||||||
Wayne-Westland Community Schools | ||||||||
5.00%, 11/01/2022 | 190,000 | 207,507 | ||||||
5.00%, 11/01/2023 | 80,000 | 89,965 | ||||||
5.00%, 11/01/2024 | 185,000 | 213,472 | ||||||
5.00%, 11/01/2025 | 95,000 | 112,346 | ||||||
5.00%, 11/01/2026 | 1,000,000 | 1,211,190 | ||||||
5.00%, 11/01/2027 | 600,000 | 742,116 | ||||||
5.00%, 11/01/2029 | 585,000 | 744,249 | ||||||
|
| |||||||
Total Michigan | 170,517,530 | |||||||
|
| |||||||
Minnesota – 0.45% | ||||||||
City of Deephaven MN | ||||||||
5.00%, 10/01/2037 | 1,250,000 | 1,181,675 | ||||||
5.00%, 10/01/2049 | 2,200,000 | 1,975,534 | ||||||
City of Minneapolis MN/St Paul Housing & Redevelopment Authority | ||||||||
5.00%, 11/15/2022 | 1,100,000 | 1,206,986 | ||||||
City of Moorhead MN | ||||||||
5.00%, 12/01/2025 | 775,000 | 829,669 | ||||||
City of North Oaks MN | ||||||||
5.00%, 10/01/2047 | 1,000,000 | 1,006,060 |
City of Rochester MN | ||||||||
5.00%, 12/01/2025 | 900,000 | 885,150 | ||||||
5.25%, 12/01/2038 | 1,000,000 | 902,870 | ||||||
City of St Paul Park MN | ||||||||
5.00%, 05/01/2053 | 400,000 | 381,952 | ||||||
Duluth Economic Development Authority | ||||||||
5.00%, 02/15/2033 | 500,000 | 591,435 | ||||||
5.00%, 02/15/2034 | 750,000 | 885,405 | ||||||
5.00%, 02/15/2037 | 1,250,000 | 1,460,788 | ||||||
Roseville Independent School District No 623 | ||||||||
5.00%, 02/01/2025 | 3,895,000 | 4,530,703 | ||||||
5.00%, 02/01/2026 | 2,315,000 | 2,763,091 | ||||||
Shakopee Independent School District No 720 | ||||||||
5.00%, 02/01/2024 | 3,185,000 | 3,582,806 | ||||||
State of Minnesota | ||||||||
5.00%, 06/01/2020 | 2,345,000 | 2,360,172 | ||||||
5.00%, 08/01/2023 | 1,465,000 | 1,650,513 | ||||||
|
| |||||||
Total Minnesota | 26,194,809 | |||||||
|
| |||||||
Mississippi – 0.31% | ||||||||
Mississippi Hospital Equipment & Facilities Authority | ||||||||
5.00%, 01/01/2021 | 350,000 | 359,167 | ||||||
5.00%, 01/01/2029 | 910,000 | 1,131,294 | ||||||
5.00%, 01/01/2033 | 1,750,000 | 2,183,265 | ||||||
5.00%, 10/01/2035 | 700,000 | 862,218 | ||||||
5.00%, 10/01/2036 | 2,000,000 | 2,455,700 | ||||||
5.00%, 10/01/2040(1) | 3,865,000 | 4,644,184 | ||||||
State of Mississippi | ||||||||
5.00%, 10/15/2020 | 1,750,000 | 1,785,420 | ||||||
5.00%, 10/15/2021 | 1,300,000 | 1,375,777 | ||||||
5.00%, 10/15/2022 | 1,750,000 | 1,855,857 | ||||||
5.00%, 10/01/2030 | 1,000,000 | 1,240,460 | ||||||
|
| |||||||
Total Mississippi | 17,893,342 | |||||||
|
| |||||||
Missouri – 0.77% | ||||||||
Belton School District No 124 | ||||||||
5.00%, 03/01/2028 | 250,000 | 317,768 | ||||||
5.50%, 03/01/2030 | 500,000 | 638,870 | ||||||
5.50%, 03/01/2033 | 500,000 | 636,015 | ||||||
5.50%, 03/01/2036 | 500,000 | 632,025 | ||||||
Cape Girardeau County Industrial Development Authority | ||||||||
5.00%, 03/01/2032 | 500,000 | 544,370 | ||||||
City of Kansas City MO Sanitary Sewer System Revenue | ||||||||
5.00%, 01/01/2026 | 285,000 | 343,815 | ||||||
5.00%, 01/01/2031 | 135,000 | 166,902 | ||||||
City of St Louis MO Airport Revenue | ||||||||
5.00%, 07/01/2025 | 400,000 | 450,380 | ||||||
Hannibal Industrial Development Authority | ||||||||
5.00%, 10/01/2047 | 1,580,000 | 1,804,850 | ||||||
Health & Educational Facilities Authority of the State of Missouri | ||||||||
4.00%, 02/01/2040 | 100,000 | 106,588 | ||||||
5.00%, 06/01/2025 | 7,000,000 | 8,245,090 | ||||||
5.00%, 04/01/2027 | 1,705,000 | 1,818,877 | ||||||
5.00%, 02/01/2029 | 1,000,000 | 1,172,230 | ||||||
5.00%, 02/01/2035 | 1,000,000 | 1,037,270 | ||||||
5.00%, 02/01/2036 | 200,000 | 230,130 |
5.00%, 08/01/2040 | 1,145,000 | 1,167,682 | ||||||
5.00%, 10/01/2042 | 6,370,000 | 7,527,811 | ||||||
5.00%, 10/01/2046 | 6,000,000 | 7,302,120 | ||||||
Industrial Development Authority of the City of St Louis Missouri | ||||||||
3.88%, 11/15/2029 | 90,000 | 89,853 | ||||||
4.38%, 11/15/2035 | 230,000 | 230,186 | ||||||
4.75%, 11/15/2047 | 250,000 | 251,398 | ||||||
Kirkwood Industrial Development Authority | ||||||||
5.00%, 05/15/2021 | 1,500,000 | 1,515,870 | ||||||
Missouri Housing Development Commission | ||||||||
4.00%, 05/01/2050 | 335,000 | 363,559 | ||||||
St Louis County Industrial Development Authority | ||||||||
5.00%, 12/01/2025 | 875,000 | 883,155 | ||||||
5.00%, 09/01/2038 | 500,000 | 507,180 | ||||||
5.13%, 08/15/2045 | 200,000 | 194,320 | ||||||
5.13%, 09/01/2048 | 2,345,000 | 2,364,839 | ||||||
5.50%, 09/01/2033 | 1,000,000 | 1,037,040 | ||||||
St Louis Land Clearance for Redevelopment Authority | ||||||||
5.00%, 06/01/2029 | 1,000,000 | 1,060,410 | ||||||
5.38%, 06/01/2043 | 2,000,000 | 2,110,340 | ||||||
|
| |||||||
Total Missouri | 44,750,943 | |||||||
|
| |||||||
Montana – 0.03% | ||||||||
City of Kalispell MT | ||||||||
5.25%, 05/15/2037 | 765,000 | 742,264 | ||||||
5.25%, 05/15/2047 | 500,000 | 467,785 | ||||||
Montana Board of Housing | ||||||||
4.00%, 12/01/2047 | 435,000 | 454,022 | ||||||
4.00%, 06/01/2050 | 165,000 | 181,799 | ||||||
|
| |||||||
Total Montana | 1,845,870 | |||||||
|
| |||||||
Nebraska – 0.77% | ||||||||
Central Plains Energy Project | ||||||||
4.00%, 12/01/2049(1) | 32,360,000 | 33,802,932 | ||||||
5.00%, 09/01/2035 | 930,000 | 1,099,260 | ||||||
5.00%, 03/01/2050(1) | 5,000,000 | 5,319,950 | ||||||
City of Omaha NE | ||||||||
5.00%, 01/15/2026 | 1,700,000 | 2,055,079 | ||||||
Nebraska Investment Finance Authority | ||||||||
3.75%, 09/01/2049 | 1,140,000 | 1,208,583 | ||||||
4.00%, 09/01/2049 | 905,000 | 972,676 | ||||||
Omaha Airport Authority | ||||||||
5.00%, 12/15/2031 | 515,000 | 597,637 | ||||||
|
| |||||||
Total Nebraska | 45,056,117 | |||||||
|
| |||||||
Nevada – 1.11% | ||||||||
City of Carson City NV | ||||||||
5.00%, 09/01/2026 | 550,000 | 653,983 | ||||||
City of Las Vegas NV Special Improvement District No 814 | ||||||||
4.00%, 06/01/2039 | 450,000 | 403,632 | ||||||
4.00%, 06/01/2049 | 1,100,000 | 926,112 | ||||||
City of Reno NV | ||||||||
0.00%, 07/01/2058(3) | 2,000,000 | 237,860 | ||||||
5.00%, 06/01/2038 | 150,000 | 182,185 | ||||||
City of Sparks NV | ||||||||
2.50%, 06/15/2024(3) | 1,875,000 | 1,810,819 |
Clark County School District | ||||||||
4.00%, 06/15/2034 | 5,000,000 | 5,636,400 | ||||||
5.00%, 06/15/2021 | 420,000 | 438,581 | ||||||
5.00%, 06/15/2023 | 370,000 | 408,702 | ||||||
5.00%, 06/15/2023 | 1,650,000 | 1,822,590 | ||||||
5.00%, 06/15/2024 | 4,500,000 | 5,109,435 | ||||||
5.00%, 06/15/2025 | 6,060,000 | 7,026,388 | ||||||
5.00%, 06/15/2029 | 4,080,000 | 5,008,404 | ||||||
County of Clark Department of Aviation | ||||||||
5.00%, 07/01/2021 | 830,000 | 859,872 | ||||||
5.00%, 07/01/2021 | 1,000,000 | 1,035,990 | ||||||
5.00%, 07/01/2024 | 3,320,000 | 3,723,280 | ||||||
County of Clark NV | ||||||||
5.00%, 11/01/2028 | 3,000,000 | 3,671,340 | ||||||
5.00%, 06/01/2032 | 3,000,000 | 3,777,780 | ||||||
County of Clark NV Passenger Facility Charge Revenue | ||||||||
5.00%, 07/01/2024 | 1,250,000 | 1,399,137 | ||||||
5.00%, 07/01/2025 | 2,220,000 | 2,534,863 | ||||||
County of Washoe NV | ||||||||
2.05%, 03/01/2036(1) | 4,500,000 | 4,514,985 | ||||||
2.05%, 03/01/2036(1) | 5,000,000 | 5,016,650 | ||||||
3.00%, 03/01/2036(1) | 700,000 | 718,830 | ||||||
Las Vegas Convention & Visitors Authority | ||||||||
5.00%, 07/01/2033 | 1,140,000 | 1,290,412 | ||||||
Las Vegas Redevelopment Agency | ||||||||
5.00%, 06/15/2030 | 1,000,000 | 1,152,620 | ||||||
5.00%, 06/15/2040 | 685,000 | 770,495 | ||||||
Las Vegas Valley Water District | ||||||||
4.00%, 06/01/2028 | 1,000,000 | 1,123,020 | ||||||
5.00%, 06/01/2039 | 2,815,000 | 3,217,292 | ||||||
Nevada Housing Division | ||||||||
4.00%, 10/01/2049 | 530,000 | 575,548 | ||||||
|
| |||||||
Total Nevada | 65,047,205 | |||||||
|
| |||||||
New Hampshire – 0.49% | ||||||||
New Hampshire Business Finance Authority | ||||||||
4.13%, 01/20/2034 | 5,113,469 | 5,405,294 | ||||||
5.00%, 01/01/2024 | 720,000 | 797,810 | ||||||
5.25%, 07/01/2039(3) | 240,000 | 225,319 | ||||||
5.46% (SIFMA Municipal Swap Index Yield + 0.75%), 10/01/2033(2) | 9,500,000 | 9,496,675 | ||||||
5.63%, 07/01/2046(3) | 125,000 | 119,945 | ||||||
5.75%, 07/01/2054(3) | 315,000 | 303,134 | ||||||
New Hampshire Health & Education Facilities Authority Act | ||||||||
4.00%, 10/01/2038 | 115,000 | 124,928 | ||||||
4.13%, 07/01/2024(3) | 100,000 | 99,629 | ||||||
5.00%, 07/01/2023 | 500,000 | 555,515 | ||||||
5.00%, 08/01/2027 | 750,000 | 920,333 | ||||||
5.00%, 10/01/2028 | 1,580,000 | 1,888,779 | ||||||
5.00%, 07/01/2030 | 390,000 | 472,836 | ||||||
5.00%, 10/01/2032 | 2,825,000 | 3,346,495 | ||||||
5.00%, 10/01/2038 | 425,000 | 453,369 | ||||||
5.00%, 07/01/2044 | 2,445,000 | 2,824,000 | ||||||
5.25%, 07/01/2027(3) | 550,000 | 535,106 | ||||||
6.13%, 07/01/2052(3) | 245,000 | 237,447 | ||||||
6.25%, 07/01/2042(3) | 700,000 | 701,932 | ||||||
|
| |||||||
Total New Hampshire | 28,508,546 | |||||||
|
|
New Jersey – 3.17% | ||||||||
Camden County Improvement Authority | ||||||||
5.00%, 01/15/2028 | 500,000 | 617,995 | ||||||
5.00%, 01/15/2029 | 1,000,000 | 1,233,530 | ||||||
5.00%, 01/15/2033 | 500,000 | 610,715 | ||||||
County of Union NJ | ||||||||
3.00%, 03/01/2026 | 3,000,000 | 3,257,400 | ||||||
Garden State Preservation Trust | ||||||||
5.75%, 11/01/2028 | 2,000,000 | 2,495,820 | ||||||
Hudson County Improvement Authority | ||||||||
4.00%, 01/01/2036 | 1,125,000 | 1,287,079 | ||||||
4.00%, 01/01/2037 | 855,000 | 975,358 | ||||||
4.00%, 01/01/2040 | 1,250,000 | 1,414,875 | ||||||
New Brunswick Parking Authority | ||||||||
5.00%, 09/01/2039 | 2,000,000 | 2,329,460 | ||||||
New Jersey Economic Development Authority | ||||||||
2.20%, 10/01/2039(1) | 1,400,000 | 1,407,070 | ||||||
3.13%, 07/01/2029 | 725,000 | 696,319 | ||||||
4.00%, 11/01/2038 | 825,000 | 811,957 | ||||||
4.00%, 11/01/2044 | 1,000,000 | 971,900 | ||||||
4.00%, 08/01/2059 | 355,000 | 386,343 | ||||||
5.00%, 01/01/2023 | 400,000 | 419,848 | ||||||
5.00%, 03/01/2023 | 4,045,000 | 4,242,760 | ||||||
5.00%, 03/01/2024 | 2,405,000 | 2,496,534 | ||||||
5.00%, 06/15/2024 | 2,000,000 | 2,128,220 | ||||||
5.00%, 06/15/2025 | 5,190,000 | 5,588,592 | ||||||
5.00%, 06/01/2026 | 900,000 | 1,073,088 | ||||||
5.00%, 06/15/2028 | 605,000 | 637,386 | ||||||
5.00%, 06/15/2029 | 1,000,000 | 1,052,550 | ||||||
5.00%, 06/15/2030 | 4,000,000 | 4,376,960 | ||||||
5.00%, 01/01/2031 | 500,000 | 523,415 | ||||||
5.00%, 06/15/2033 | 5,000,000 | 5,404,950 | ||||||
5.00%, 06/15/2034 | 1,000,000 | 1,077,440 | ||||||
5.00%, 06/15/2035 | 1,595,000 | 1,701,993 | ||||||
5.00%, 10/01/2037 | 3,185,000 | 3,440,947 | ||||||
5.00%, 10/01/2039(3) | 355,000 | 290,514 | ||||||
5.00%, 01/01/2040(3) | 440,000 | 357,870 | ||||||
5.00%, 10/01/2047 | 2,450,000 | 2,599,205 | ||||||
5.00%, 06/15/2054(3) | 2,900,000 | 2,771,849 | ||||||
5.00%, 08/01/2059 | 1,000,000 | 1,195,650 | ||||||
5.13%, 01/01/2034 | 705,000 | 736,295 | ||||||
5.13%, 06/15/2043 | 2,450,000 | 2,578,233 | ||||||
5.25%, 01/01/2044 | 190,000 | 180,114 | ||||||
5.50%, 01/01/2027 | 500,000 | 536,805 | ||||||
5.50%, 06/15/2030 | 2,000,000 | 2,209,160 | ||||||
5.63%, 11/15/2030 | 2,095,000 | 2,076,313 | ||||||
5.63%, 01/01/2052 | 2,000,000 | 2,088,360 | ||||||
New Jersey Educational Facilities Authority | ||||||||
5.00%, 06/01/2023 | 930,000 | 979,002 | ||||||
5.00%, 07/01/2023 | 3,390,000 | 3,637,877 | ||||||
5.00%, 07/01/2032 | 4,920,000 | 5,520,634 | ||||||
New Jersey Health Care Facilities Financing Authority | ||||||||
5.00%, 07/01/2021 | 40,000 | 41,648 | ||||||
5.00%, 07/01/2022 | 540,000 | 579,852 |
5.00%, 07/01/2023 | 140,000 | 154,325 | ||||||
5.00%, 07/01/2023 | 530,000 | 593,144 | ||||||
5.00%, 07/01/2024 | 110,000 | 124,176 | ||||||
5.00%, 07/01/2024 | 2,500,000 | 2,653,050 | ||||||
5.00%, 07/01/2025 | 120,000 | 138,438 | ||||||
5.00%, 07/01/2026 | 40,000 | 47,031 | ||||||
5.00%, 07/01/2027 | 60,000 | 70,484 | ||||||
5.00%, 07/01/2028 | 155,000 | 184,100 | ||||||
5.00%, 07/01/2030 | 165,000 | 192,205 | ||||||
5.00%, 07/01/2033 | 500,000 | 592,945 | ||||||
5.00%, 07/01/2041 | 815,000 | 882,335 | ||||||
5.00%, 07/01/2042(1) | 2,755,000 | 3,259,716 | ||||||
5.00%, 07/01/2043(1) | 2,250,000 | 2,601,135 | ||||||
5.00%, 07/01/2045(1) | 2,735,000 | 3,305,740 | ||||||
5.00%, 07/01/2046 | 2,375,000 | 2,501,065 | ||||||
New Jersey Higher Education Student Assistance Authority | ||||||||
5.00%, 12/01/2021 | 660,000 | 699,151 | ||||||
5.00%, 12/01/2023 | 460,000 | 516,644 | ||||||
5.00%, 12/01/2024 | 265,000 | 305,439 | ||||||
5.00%, 12/01/2025 | 490,000 | 578,327 | ||||||
5.00%, 12/01/2044 | 1,000,000 | 1,070,440 | ||||||
5.50%, 12/01/2021 | 2,260,000 | 2,405,250 | ||||||
New Jersey Housing & Mortgage Finance Agency | ||||||||
2.02%, 08/01/2021(1) | 3,000,000 | 3,005,280 | ||||||
2.41%, 10/01/2021(1) | 5,000,000 | 5,022,050 | ||||||
3.55%, 04/01/2027 | 2,095,000 | 2,293,103 | ||||||
3.65%, 04/01/2028 | 1,515,000 | 1,668,666 | ||||||
New Jersey Transportation Trust Fund Authority | ||||||||
0.00%, 12/15/2026 | 2,600,000 | 2,169,388 | ||||||
0.00%, 12/15/2027 | 3,260,000 | 2,616,378 | ||||||
0.00%, 12/15/2028 | 770,000 | 591,737 | ||||||
0.00%, 12/15/2028 | 780,000 | 599,422 | ||||||
0.00%, 12/15/2030 | 2,000,000 | 1,445,700 | ||||||
4.00%, 12/15/2039 | 600,000 | 588,408 | ||||||
5.00%, 12/15/2023 | 2,700,000 | 2,864,322 | ||||||
5.00%, 12/15/2024 | 1,335,000 | 1,429,278 | ||||||
5.00%, 06/15/2025 | 450,000 | 471,974 | ||||||
5.00%, 12/15/2025 | 1,255,000 | 1,358,650 | ||||||
5.00%, 12/15/2026 | 2,000,000 | 2,186,540 | ||||||
5.00%, 06/15/2027 | 235,000 | 262,429 | ||||||
5.00%, 12/15/2028 | 5,510,000 | 6,099,570 | ||||||
5.00%, 06/15/2029 | 665,000 | 684,079 | ||||||
5.00%, 06/15/2029 | 1,200,000 | 1,328,388 | ||||||
5.00%, 12/15/2029 | 820,000 | 909,724 | ||||||
5.00%, 12/15/2030 | 2,000,000 | 2,184,760 | ||||||
5.00%, 06/15/2031 | 3,545,000 | 3,906,129 | ||||||
5.00%, 06/15/2032 | 1,860,000 | 1,902,650 | ||||||
5.00%, 06/15/2032 | 2,725,000 | 2,944,090 | ||||||
5.00%, 12/15/2032 | 1,340,000 | 1,446,101 | ||||||
5.00%, 12/15/2033 | 2,200,000 | 2,359,390 | ||||||
5.00%, 12/15/2039 | 700,000 | 741,685 | ||||||
5.25%, 12/15/2022 | 1,760,000 | 1,856,413 | ||||||
5.25%, 12/15/2023 | 3,940,000 | 4,213,869 | ||||||
5.25%, 06/15/2036 | 10,180,000 | 10,312,849 |
5.25%, 06/15/2043 | 3,000,000 | 3,197,970 | ||||||
5.50%, 12/15/2023 | 190,000 | 204,852 | ||||||
5.50%, 06/15/2031 | 1,000,000 | 1,019,540 | ||||||
New Jersey Turnpike Authority | ||||||||
5.00%, 01/01/2033 | 5,000,000 | 5,662,950 | ||||||
Tobacco Settlement Financing Corp. | ||||||||
5.00%, 06/01/2023 | 570,000 | 606,811 | ||||||
Township of Montclair NJ | ||||||||
4.00%, 03/01/2023 | 800,000 | 865,688 | ||||||
4.00%, 03/01/2027 | 325,000 | 381,966 | ||||||
|
| |||||||
Total New Jersey | 185,317,824 | |||||||
|
| |||||||
New Mexico – 0.53% | ||||||||
Albuquerque Bernalillo County Water Utility Authority | ||||||||
5.00%, 07/01/2027 | 2,400,000 | 2,916,168 | ||||||
5.00%, 07/01/2028 | 1,700,000 | 2,058,819 | ||||||
Albuquerque Municipal School District No 12 | ||||||||
5.00%, 08/01/2025 | 800,000 | 954,632 | ||||||
City of Farmington NM | ||||||||
1.88%, 04/01/2033(1) | 10,500,000 | 10,271,835 | ||||||
City of Santa Fe NM | ||||||||
2.25%, 05/15/2024 | 555,000 | 515,434 | ||||||
2.63%, 05/15/2025 | 995,000 | 923,022 | ||||||
Farmington Municipal School District No 5 | ||||||||
5.00%, 09/01/2024 | 490,000 | 568,993 | ||||||
New Mexico Hospital Equipment Loan Council | ||||||||
5.00%, 08/01/2049(1) | 2,360,000 | 2,795,774 | ||||||
New Mexico Mortgage Finance Authority | ||||||||
3.75%, 01/01/2050 | 750,000 | 806,348 | ||||||
New Mexico Municipal Energy Acquisition Authority | ||||||||
5.00%, 11/01/2039(1) | 5,140,000 | 5,600,081 | ||||||
Town of Clayton NM | ||||||||
4.00%, 11/01/2020 | 3,545,000 | 3,592,680 | ||||||
|
| |||||||
Total New Mexico | 31,003,786 | |||||||
|
| |||||||
New York – 6.97% | ||||||||
Build NYC Resource Corp. | ||||||||
4.88%, 05/01/2031(3) | 750,000 | 756,202 | ||||||
5.00%, 08/01/2022 | 200,000 | 217,104 | ||||||
5.00%, 08/01/2023 | 230,000 | 257,441 | ||||||
5.00%, 01/01/2035(3) | 3,900,000 | 3,985,605 | ||||||
5.50%, 05/01/2048(3) | 1,350,000 | 1,367,496 | ||||||
City of New York NY | ||||||||
5.00%, 08/01/2025 | 1,600,000 | 1,900,160 | ||||||
5.00%, 08/01/2027 | 400,000 | 463,864 | ||||||
5.00%, 08/01/2027 | 2,975,000 | 3,496,250 | ||||||
5.00%, 08/01/2028 | 400,000 | 474,232 | ||||||
5.00%, 08/01/2028 | 700,000 | 840,581 | ||||||
5.00%, 08/01/2028 | 3,975,000 | 4,651,505 | ||||||
5.00%, 08/01/2029 | 1,305,000 | 1,632,999 | ||||||
5.00%, 08/01/2029 | 1,500,000 | 1,877,010 | ||||||
5.00%, 08/01/2032 | 1,745,000 | 2,145,024 | ||||||
City of Yonkers NY | ||||||||
5.00%, 09/01/2022 | 2,350,000 | 2,543,828 | ||||||
5.00%, 09/01/2025 | 1,015,000 | 1,191,894 |
County of Erie NY | ||||||||
5.00%, 06/01/2020 | 500,000 | 503,210 | ||||||
5.00%, 09/15/2020 | 350,000 | 356,209 | ||||||
5.00%, 06/01/2021 | 750,000 | 783,990 | ||||||
5.00%, 09/15/2021 | 225,000 | 237,713 | ||||||
5.00%, 06/01/2025 | 1,000,000 | 1,187,200 | ||||||
County of Nassau NY | ||||||||
5.00%, 10/01/2024 | 3,000,000 | 3,448,260 | ||||||
County of Rockland NY | ||||||||
4.00%, 01/01/2021 | 1,100,000 | 1,123,991 | ||||||
County of Suffolk NY | ||||||||
4.00%, 02/01/2028 | 1,865,000 | 2,182,628 | ||||||
Erie County Fiscal Stability Authority | ||||||||
5.00%, 09/01/2033 | 525,000 | 654,171 | ||||||
Glen Cove Local Economic Assistance Corp. | ||||||||
0.00%, 01/01/2045 | 3,550,000 | 947,353 | ||||||
0.00%, 01/01/2055 | 710,000 | 610,465 | ||||||
5.00%, 01/01/2056 | 485,000 | 487,168 | ||||||
Hempstead Town Local Development Corp. | ||||||||
5.89%, 02/01/2032 | 1,250,000 | 1,269,225 | ||||||
6.24%, 02/01/2047 | 1,000,000 | 1,014,860 | ||||||
6.47%, 02/01/2033 | 1,000,000 | 1,066,110 | ||||||
Hudson Yards Infrastructure Corp. | ||||||||
5.00%, 02/15/2035 | 1,700,000 | 2,043,910 | ||||||
Long Island Power Authority | ||||||||
1.65%, 09/01/2049(1) | 4,300,000 | 4,148,898 | ||||||
5.00%, 09/01/2023 | 550,000 | 611,743 | ||||||
5.00%, 09/01/2024 | 565,000 | 644,586 | ||||||
5.00%, 09/01/2025 | 1,000,000 | 1,168,630 | ||||||
5.00%, 09/01/2026 | 2,000,000 | 2,388,800 | ||||||
5.00%, 09/01/2027 | 6,500,000 | 7,919,665 | ||||||
5.00%, 09/01/2039 | 1,725,000 | 2,060,374 | ||||||
Metropolitan Transportation Authority | ||||||||
0.00%, 11/15/2033 | 1,600,000 | 1,171,552 | ||||||
1.71% (1 Month LIBOR USD + 0.65%), 11/01/2035(2) | 8,305,000 | 8,301,014 | ||||||
4.00%, 09/01/2020 | 5,000,000 | 5,033,850 | ||||||
4.00%, 02/01/2022 | 25,000,000 | 25,661,750 | ||||||
5.00%, 05/15/2020 | 1,400,000 | 1,400,168 | ||||||
5.00%, 09/01/2021 | 25,000,000 | 25,919,000 | ||||||
5.00%, 11/15/2021 | 500,000 | 518,005 | ||||||
5.00%, 11/15/2021 | 640,000 | 663,046 | ||||||
5.00%, 11/15/2045(1) | 4,470,000 | 4,570,217 | ||||||
5.16% (SIFMA Municipal Swap Index Yield + 0.45%), 11/01/2026(2) | 2,530,000 | 2,533,744 | ||||||
5.25%, 11/15/2031 | 4,000,000 | 4,455,280 | ||||||
5.25%, 11/15/2036 | 1,015,000 | 1,211,139 | ||||||
MTA Hudson Rail Yards Trust Obligations | ||||||||
5.00%, 11/15/2051 | 1,500,000 | 1,551,150 | ||||||
5.00%, 11/15/2056 | 4,380,000 | 4,672,015 | ||||||
Nassau County Industrial Development Agency | ||||||||
6.50%, 01/01/2034 | 672,500 | 595,102 | ||||||
6.70%, 01/01/2049 | 793,750 | 656,995 | ||||||
New York City Housing Development Corp. | ||||||||
2.75%, 05/01/2050(1) | 6,500,000 | 6,698,965 | ||||||
New York City Transitional Finance Authority Building Aid Revenue | ||||||||
5.00%, 07/15/2024 | 200,000 | 230,192 | ||||||
5.00%, 07/15/2032 | 2,000,000 | 2,437,680 |
New York City Transitional Finance Authority Future Tax Secured Revenue | ||||||||
0.85%, 05/01/2034(1) | 5,300,000 | 5,300,000 | ||||||
5.00%, 11/01/2028 | 1,500,000 | 1,775,640 | ||||||
5.00%, 11/01/2029 | 2,000,000 | 2,331,300 | ||||||
5.00%, 02/01/2030 | 4,480,000 | 5,322,374 | ||||||
5.00%, 05/01/2033 | 2,535,000 | 3,131,840 | ||||||
5.00%, 08/01/2034 | 700,000 | 865,032 | ||||||
5.00%, 08/01/2035 | 1,600,000 | 1,969,120 | ||||||
5.00%, 08/01/2038 | 1,975,000 | 2,404,800 | ||||||
5.00%, 02/01/2041 | 200,000 | 229,122 | ||||||
New York City Water & Sewer System | ||||||||
4.00%, 06/15/2039 | 5,290,000 | 6,088,578 | ||||||
5.00%, 06/15/2031 | 6,075,000 | 7,119,657 | ||||||
5.00%, 06/15/2032 | 5,000,000 | 5,213,450 | ||||||
5.00%, 06/15/2035 | 9,025,000 | 10,624,140 | ||||||
5.00%, 06/15/2036 | 5,000,000 | 5,871,100 | ||||||
5.00%, 06/15/2037 | 6,000,000 | 6,950,340 | ||||||
5.00%, 06/15/2039 | 8,320,000 | 9,619,917 | ||||||
New York Convention Center Development Corp. | ||||||||
5.00%, 11/15/2033 | 3,000,000 | 3,395,700 | ||||||
New York Liberty Development Corp. | ||||||||
2.63%, 09/15/2069 | 400,000 | 381,296 | ||||||
2.80%, 09/15/2069 | 1,025,000 | 977,061 | ||||||
5.25%, 10/01/2035 | 2,285,000 | 2,815,988 | ||||||
5.38%, 11/15/2040(3) | 4,500,000 | 4,649,085 | ||||||
5.75%, 11/15/2051 | 2,000,000 | 2,142,840 | ||||||
New York State Dormitory Authority | ||||||||
4.00%, 02/15/2037 | 5,000,000 | 5,768,150 | ||||||
5.00%, 12/01/2022(3) | 900,000 | 975,852 | ||||||
5.00%, 07/01/2023 | 5,000 | 5,600 | ||||||
5.00%, 07/01/2023 | 245,000 | 274,689 | ||||||
5.00%, 12/15/2023 | 1,000,000 | 1,099,930 | ||||||
5.00%, 03/15/2024 | 3,700,000 | 4,218,962 | ||||||
5.00%, 05/01/2024 | 4,870,000 | 5,567,627 | ||||||
5.00%, 07/01/2024 | 5,000 | 5,775 | ||||||
5.00%, 07/01/2024 | 245,000 | 283,085 | ||||||
5.00%, 07/01/2025 | 5,000 | 5,944 | ||||||
5.00%, 07/01/2025 | 245,000 | 290,854 | ||||||
5.00%, 03/15/2027 | 2,500,000 | 2,928,050 | ||||||
5.00%, 10/01/2028 | 1,735,000 | 2,190,837 | ||||||
5.00%, 10/01/2029 | 1,430,000 | 1,801,914 | ||||||
5.00%, 10/01/2030 | 1,910,000 | 2,406,180 | ||||||
5.00%, 05/01/2048(1) | 1,145,000 | 1,211,353 | ||||||
5.00%, 05/01/2048(1) | 1,040,000 | 1,235,146 | ||||||
5.00%, 05/01/2048(1) | 5,695,000 | 6,418,322 | ||||||
5.25%, 03/15/2033 | 6,000,000 | 7,082,280 | ||||||
5.25%, 03/15/2038 | 1,930,000 | 2,406,884 | ||||||
New York State Environmental Facilities Corp. | ||||||||
1.10%, 05/01/2030(1) | 2,000,000 | 1,998,440 | ||||||
5.00%, 06/15/2033 | 500,000 | 641,500 | ||||||
New York State Thruway Authority | ||||||||
5.00%, 01/01/2032 | 2,835,000 | 3,237,088 |
New York State Urban Development Corp. | ||||||||
5.00%, 03/15/2022 | 360,000 | 385,816 | ||||||
5.00%, 03/15/2023 | 700,000 | 775,271 | ||||||
5.00%, 03/15/2024 | 400,000 | 456,768 | ||||||
5.00%, 03/15/2035 | 2,800,000 | 3,119,396 | ||||||
New York Transportation Development Corp. | ||||||||
5.00%, 01/01/2023 | 270,000 | 276,583 | ||||||
5.00%, 08/01/2026 | 1,000,000 | 995,110 | ||||||
5.00%, 01/01/2031 | 1,015,000 | 1,008,260 | ||||||
5.00%, 08/01/2031 | 5,105,000 | 5,069,775 | ||||||
5.00%, 01/01/2033 | 5,500,000 | 5,413,045 | ||||||
5.00%, 07/01/2041 | 2,300,000 | 2,349,703 | ||||||
5.00%, 07/01/2046 | 800,000 | 811,512 | ||||||
Oneida County Local Development Corp. | ||||||||
5.00%, 12/01/2025 | 320,000 | 361,088 | ||||||
5.00%, 12/01/2027 | 1,425,000 | 1,604,066 | ||||||
5.00%, 12/01/2028 | 1,000,000 | 1,124,040 | ||||||
Port Authority of New York & New Jersey | ||||||||
5.00%, 09/15/2024 | 5,115,000 | 5,836,675 | ||||||
5.00%, 09/15/2026 | 1,000,000 | 1,195,420 | ||||||
5.00%, 10/15/2028 | 4,000,000 | 4,599,120 | ||||||
5.00%, 07/15/2031 | 5,000,000 | 5,134,150 | ||||||
5.00%, 10/15/2033 | 3,500,000 | 3,937,185 | ||||||
5.25%, 07/15/2030 | 9,705,000 | 9,988,871 | ||||||
State of New York Mortgage Agency | ||||||||
2.20%, 10/01/2029 | 1,000,000 | 1,008,380 | ||||||
3.45%, 04/01/2026 | 2,185,000 | 2,369,152 | ||||||
Suffolk County Economic Development Corp. | ||||||||
5.00%, 07/01/2028 | 300,000 | 314,334 | ||||||
5.00%, 07/01/2028 | 1,750,000 | 1,828,295 | ||||||
Tender Option Bond Trust Receipts/Certificates | ||||||||
3.16%, 01/01/2028(1)(3) | 1,060,000 | 1,060,000 | ||||||
Tompkins County Development Corp. | ||||||||
5.00%, 07/01/2044 | 115,000 | 118,103 | ||||||
Town of Hempstead NY | ||||||||
4.00%, 06/15/2028 | 3,665,000 | 4,220,724 | ||||||
Triborough Bridge & Tunnel Authority | ||||||||
0.51% (Secured Overnight Financing Rate + 0.50%), 11/15/2038(2) | 20,000,000 | 19,942,000 | ||||||
5.00%, 11/15/2030 | 4,000,000 | 5,258,600 | ||||||
Utility Debt Securitization Authority | ||||||||
5.00%, 12/15/2032 | 640,000 | 725,293 | ||||||
5.00%, 12/15/2041 | 9,385,000 | 11,349,937 | ||||||
Westchester County Local Development Corp. | ||||||||
5.50%, 05/01/2042 | 150,000 | 155,318 | ||||||
|
| |||||||
Total New York | 406,966,050 | |||||||
|
| |||||||
North Carolina – 1.33% | ||||||||
Charlotte-Mecklenburg Hospital Authority | ||||||||
5.00%, 01/15/2031 | 1,500,000 | 1,590,525 | ||||||
5.00%, 01/15/2048(1) | 5,000,000 | 5,338,850 | ||||||
County of New Hanover NC | ||||||||
5.00%, 10/01/2023 | 1,125,000 | 1,243,339 | ||||||
5.00%, 10/01/2027 | 100,000 | 119,573 | ||||||
5.00%, 10/01/2034 | 1,000,000 | 1,168,350 | ||||||
5.00%, 10/01/2047 | 840,000 | 959,540 |
Mecklenburg County Public Facilities Corp. | ||||||||
5.00%, 02/01/2023 | 2,160,000 | 2,388,096 | ||||||
North Carolina Capital Facilities Finance Agency | ||||||||
5.00%, 06/01/2021 | 500,000 | 520,520 | ||||||
North Carolina Eastern Municipal Power Agency | ||||||||
5.00%, 01/01/2021 | 1,965,000 | 2,021,533 | ||||||
North Carolina Medical Care Commission | ||||||||
2.20%, 12/01/2048(1) | 2,285,000 | 2,266,492 | ||||||
2.55%, 06/01/2048(1) | 3,955,000 | 3,931,349 | ||||||
3.55%, 10/01/2024 | 1,110,000 | 1,067,931 | ||||||
4.88%, 07/01/2040 | 550,000 | 506,396 | ||||||
5.00%, 10/01/2022 | 40,000 | 40,780 | ||||||
5.00%, 10/01/2023 | 30,000 | 30,744 | ||||||
5.00%, 10/01/2023 | 110,000 | 114,871 | ||||||
5.00%, 10/01/2024 | 35,000 | 36,035 | ||||||
5.00%, 10/01/2024 | 300,000 | 316,275 | ||||||
5.00%, 10/01/2025 | 25,000 | 25,811 | ||||||
5.00%, 10/01/2025 | 250,000 | 258,160 | ||||||
5.00%, 10/01/2030 | 420,000 | 415,947 | ||||||
5.00%, 10/01/2030 | 460,000 | 483,938 | ||||||
5.00%, 10/01/2030 | 2,100,000 | 2,102,310 | ||||||
5.00%, 10/01/2031 | 245,000 | 257,037 | ||||||
5.00%, 10/01/2031 | 2,950,000 | 3,004,014 | ||||||
5.00%, 09/01/2037 | 3,000,000 | 2,958,720 | ||||||
5.00%, 10/01/2037 | 250,000 | 252,067 | ||||||
5.00%, 01/01/2039 | 1,225,000 | 1,160,663 | ||||||
5.00%, 07/01/2039 | 800,000 | 854,904 | ||||||
5.00%, 09/01/2041 | 440,000 | 422,110 | ||||||
5.00%, 10/01/2043 | 2,000,000 | 1,889,120 | ||||||
5.00%, 07/01/2049 | 900,000 | 949,707 | ||||||
5.15%, 11/01/2034(1) | 25,000,000 | 25,000,000 | ||||||
6.25%, 07/01/2035 | 1,000,000 | 1,027,600 | ||||||
North Carolina Turnpike Authority | ||||||||
5.00%, 01/01/2027 | 530,000 | 607,131 | ||||||
5.00%, 01/01/2032 | 1,000,000 | 1,117,040 | ||||||
5.00%, 07/01/2051 | 1,700,000 | 1,804,244 | ||||||
Raleigh Durham Airport Authority | ||||||||
5.00%, 05/01/2024 | 2,000,000 | 2,246,680 | ||||||
5.00%, 05/01/2025 | 3,000,000 | 3,444,780 | ||||||
State of North Carolina | ||||||||
5.00%, 03/01/2022 | 1,000,000 | 1,071,680 | ||||||
5.00%, 03/01/2023 | 2,335,000 | 2,575,762 | ||||||
|
| |||||||
Total North Carolina | 77,590,624 | |||||||
|
| |||||||
North Dakota – 0.02% | ||||||||
North Dakota Housing Finance Agency | ||||||||
1.55%, 07/01/2020 | 950,000 | 949,544 | ||||||
|
| |||||||
Total North Dakota | 949,544 | |||||||
|
| |||||||
Ohio – 2.39% | ||||||||
Akron Bath Copley Joint Township Hospital District | ||||||||
5.25%, 11/15/2031 | 530,000 | 636,970 | ||||||
5.25%, 11/15/2032 | 645,000 | 773,723 | ||||||
5.25%, 11/15/2033 | 1,770,000 | 2,118,690 | ||||||
5.25%, 11/15/2046 | 1,255,000 | 1,463,832 | ||||||
American Municipal Power, Inc. | ||||||||
2.30%, 02/15/2038(1) | 2,900,000 | 2,936,163 |
Buckeye Tobacco Settlement Financing Authority | ||||||||
4.00%, 06/01/2038 | 1,000,000 | 1,094,690 | ||||||
5.00%, 06/01/2055 | 11,860,000 | 10,508,197 | ||||||
City of Cleveland OH Airport System Revenue | ||||||||
5.00%, 01/01/2024 | 2,450,000 | 2,752,526 | ||||||
5.00%, 01/01/2048 | 2,000,000 | 2,330,080 | ||||||
City of Columbus OH | ||||||||
5.00%, 04/01/2033 | 1,345,000 | 1,723,389 | ||||||
5.00%, 04/01/2035 | 12,245,000 | 15,584,334 | ||||||
City of Dayton OH Airport Revenue | ||||||||
5.00%, 12/01/2021 | 1,050,000 | 1,109,073 | ||||||
City of Hamilton OH Electric System Revenue | ||||||||
4.00%, 10/01/2037 | 1,000,000 | 1,123,750 | ||||||
Clermont County Port Authority | ||||||||
5.00%, 12/01/2029 | 750,000 | 878,115 | ||||||
5.00%, 12/01/2030 | 850,000 | 993,701 | ||||||
5.00%, 12/01/2031 | 650,000 | 758,362 | ||||||
Cleveland-Cuyahoga County Port Authority | ||||||||
5.50%, 12/01/2043 | 125,000 | 129,342 | ||||||
5.50%, 12/01/2053 | 900,000 | 922,986 | ||||||
County of Allen OH Hospital Facilities Revenue | ||||||||
5.00%, 08/01/2047(1) | 500,000 | 533,180 | ||||||
County of Cuyahoga OH | ||||||||
5.00%, 12/01/2026 | 2,500,000 | 2,844,325 | ||||||
5.00%, 02/15/2042 | 525,000 | 551,329 | ||||||
5.50%, 02/15/2052 | 1,790,000 | 1,914,190 | ||||||
5.50%, 02/15/2057 | 1,245,000 | 1,322,165 | ||||||
County of Fairfield OH | ||||||||
4.25%, 06/15/2024 | 1,470,000 | 1,527,918 | ||||||
County of Franklin OH | ||||||||
5.00%, 11/15/2033(1) | 12,780,000 | 14,014,292 | ||||||
County of Hamilton OH | ||||||||
4.00%, 01/01/2021 | 450,000 | 449,451 | ||||||
5.00%, 01/01/2022 | 465,000 | 471,408 | ||||||
County of Marion OH | ||||||||
5.13%, 12/01/2049 | 575,000 | 496,403 | ||||||
County of Muskingum OH | ||||||||
4.00%, 02/15/2023 | 1,700,000 | 1,787,227 | ||||||
5.00%, 02/15/2048 | 2,080,000 | 2,212,912 | ||||||
County of Scioto OH | ||||||||
5.00%, 02/15/2029 | 1,500,000 | 1,709,955 | ||||||
County of Wood OH | ||||||||
5.00%, 12/01/2032 | 115,000 | 120,374 | ||||||
5.00%, 12/01/2042 | 145,000 | 150,452 | ||||||
Franklin County Convention Facilities Authority | ||||||||
5.00%, 12/01/2044 | 1,550,000 | 1,281,494 | ||||||
5.00%, 12/01/2051 | 2,135,000 | 1,700,250 | ||||||
Lancaster Port Authority | ||||||||
5.00%, 08/01/2049(1) | 2,000,000 | 2,171,120 | ||||||
Miami University | ||||||||
5.00%, 09/01/2034 | 700,000 | 834,680 | ||||||
Ohio Air Quality Development Authority | ||||||||
2.10%, 12/01/2027(1) | 5,000,000 | 4,823,400 | ||||||
2.10%, 07/01/2028(1) | 12,500,000 | 12,046,375 |
2.88%, 02/01/2026 | 5,400,000 | 5,033,664 | ||||||
3.25%, 09/01/2029 | 2,995,000 | 2,745,127 | ||||||
4.25%, 01/15/2038(3) | 250,000 | 228,890 | ||||||
4.50%, 01/15/2048(3) | 275,000 | 249,854 | ||||||
5.00%, 07/01/2049(3) | 2,800,000 | 2,757,468 | ||||||
Ohio Housing Finance Agency | ||||||||
2.45%, 11/01/2021(1) | 2,385,000 | 2,397,641 | ||||||
2.50%, 10/01/2021(1) | 2,850,000 | 2,863,281 | ||||||
4.50%, 03/01/2050 | 235,000 | 259,973 | ||||||
Southeastern Ohio Port Authority | ||||||||
5.50%, 12/01/2043 | 1,000,000 | 1,093,540 | ||||||
5.75%, 12/01/2032 | 445,000 | 481,726 | ||||||
6.00%, 12/01/2042 | 550,000 | 589,759 | ||||||
State of Ohio | ||||||||
1.10%, 11/01/2035(1) | 300,000 | 299,916 | ||||||
4.00%, 01/15/2050 | 450,000 | 468,563 | ||||||
5.00%, 08/01/2024 | 2,500,000 | 2,901,575 | ||||||
5.00%, 01/01/2030 | 1,170,000 | 1,434,677 | ||||||
5.00%, 10/01/2035 | 1,410,000 | 1,726,263 | ||||||
5.00%, 01/15/2050 | 1,000,000 | 1,170,500 | ||||||
University of Akron | ||||||||
4.00%, 01/01/2027 | 2,780,000 | 3,210,594 | ||||||
5.00%, 01/01/2037 | 6,675,000 | 7,852,603 | ||||||
University of Cincinnati | ||||||||
5.00%, 06/01/2028 | 250,000 | 309,525 | ||||||
5.00%, 06/01/2029 | 400,000 | 493,868 | ||||||
|
| |||||||
Total Ohio | 139,369,830 | |||||||
|
| |||||||
Oklahoma – 0.90% | ||||||||
Cache Educational Facilities Authority | ||||||||
5.00%, 09/01/2023 | 500,000 | 556,485 | ||||||
5.00%, 09/01/2026 | 3,220,000 | 3,869,764 | ||||||
Canadian County Educational Facilities Authority | ||||||||
4.00%, 09/01/2025 | 1,500,000 | 1,694,775 | ||||||
5.00%, 09/01/2026 | 1,725,000 | 2,085,922 | ||||||
5.00%, 09/01/2028 | 1,000,000 | 1,206,760 | ||||||
Cleveland County Educational Facilities Authority | ||||||||
5.00%, 09/01/2024 | 365,000 | 419,265 | ||||||
5.00%, 09/01/2025 | 300,000 | 353,646 | ||||||
5.00%, 09/01/2026 | 375,000 | 452,700 | ||||||
Dewey County Educational Facilities Authority | ||||||||
5.00%, 09/01/2030 | 2,470,000 | 2,958,047 | ||||||
Garvin County Educational Facilities Authority | ||||||||
5.00%, 12/01/2024 | 515,000 | 590,592 | ||||||
5.00%, 12/01/2025 | 545,000 | 639,699 | ||||||
5.00%, 12/01/2026 | 820,000 | 983,032 | ||||||
Grady County School Finance Authority | ||||||||
5.00%, 09/01/2028 | 375,000 | 468,446 | ||||||
5.00%, 09/01/2030 | 1,235,000 | 1,538,822 | ||||||
Grand River Dam Authority | ||||||||
5.00%, 06/01/2023 | 1,000,000 | 1,117,510 | ||||||
Muskogee Industrial Trust | ||||||||
4.00%, 09/01/2030 | 2,000,000 | 2,293,300 | ||||||
Norman Regional Hospital Authority | ||||||||
4.00%, 09/01/2045 | 750,000 | 778,102 |
Oklahoma City Airport Trust | ||||||||
5.00%, 07/01/2025 | 2,040,000 | 2,328,252 | ||||||
5.00%, 07/01/2026 | 2,195,000 | 2,551,402 | ||||||
5.00%, 07/01/2030 | 1,350,000 | 1,606,311 | ||||||
5.00%, 07/01/2032 | 2,960,000 | 3,500,526 | ||||||
5.00%, 07/01/2035 | 3,240,000 | 3,795,952 | ||||||
5.00%, 07/01/2043 | 1,065,000 | 1,227,764 | ||||||
Oklahoma County Finance Authority | ||||||||
5.13%, 04/01/2042 | 1,900,000 | 1,471,417 | ||||||
5.70%, 04/01/2025 | 475,000 | 469,932 | ||||||
Oklahoma Department of Transportation | ||||||||
5.00%, 09/01/2030 | 1,015,000 | 1,303,920 | ||||||
Oklahoma Development Finance Authority | ||||||||
3.00%, 06/01/2022 | 1,015,000 | 1,052,413 | ||||||
4.00%, 12/01/2022 | 530,000 | 567,810 | ||||||
4.00%, 06/01/2023 | 1,305,000 | 1,414,137 | ||||||
5.00%, 08/01/2023 | 515,000 | 552,713 | ||||||
5.00%, 08/01/2026 | 75,000 | 83,697 | ||||||
5.00%, 08/15/2029 | 420,000 | 508,834 | ||||||
5.00%, 08/01/2030 | 1,010,000 | 1,144,492 | ||||||
5.25%, 08/15/2048 | 1,500,000 | 1,675,140 | ||||||
5.50%, 08/15/2052 | 830,000 | 911,830 | ||||||
5.50%, 08/15/2057 | 1,000,000 | 1,120,690 | ||||||
Tulsa Airports Improvement Trust | ||||||||
5.00%, 06/01/2031 | 1,120,000 | 1,304,419 | ||||||
5.00%, 06/01/2033 | 1,240,000 | 1,438,499 | ||||||
Tulsa County Industrial Authority | ||||||||
5.00%, 11/15/2023 | 230,000 | 239,083 | ||||||
5.00%, 11/15/2029 | 400,000 | 420,664 | ||||||
|
| |||||||
Total Oklahoma | 52,696,764 | |||||||
|
| |||||||
Oregon – 0.40% | ||||||||
Hillsboro School District No 1J | ||||||||
5.00%, 06/15/2028 | 1,525,000 | 1,907,470 | ||||||
Klamath Falls Intercommunity Hospital Authority | ||||||||
5.00%, 09/01/2031 | 200,000 | 238,282 | ||||||
5.00%, 09/01/2032 | 270,000 | 321,076 | ||||||
5.00%, 09/01/2046 | 1,000,000 | 1,151,560 | ||||||
Oregon State Business Development Commission | ||||||||
5.00%, 03/01/2049(1) | 10,000,000 | 10,665,600 | ||||||
Oregon State Lottery | ||||||||
5.00%, 04/01/2036 | 2,500,000 | 3,039,650 | ||||||
Port of Portland OR Airport Revenue | ||||||||
5.00%, 07/01/2032 | 1,000,000 | 1,106,420 | ||||||
5.00%, 07/01/2033 | 3,485,000 | 3,858,836 | ||||||
Yamhill County Hospital Authority | ||||||||
5.00%, 11/15/2051 | 1,005,000 | 1,016,799 | ||||||
|
| |||||||
Total Oregon | 23,305,693 | |||||||
|
| |||||||
Other Territory – 0.17% | ||||||||
JPMorgan Chase Putters/Drivers Trust | ||||||||
4.96%, 06/01/2021(1)(3) | 10,000,000 | 10,000,000 | ||||||
|
| |||||||
Total Other Territory | 10,000,000 | |||||||
|
| |||||||
Pennsylvania – 4.92% | ||||||||
Allegheny County Hospital Development Authority | ||||||||
5.00%, 07/15/2025 | 2,370,000 | 2,796,624 | ||||||
5.00%, 07/15/2034 | 5,000,000 | 6,279,200 |
Allentown Neighborhood Improvement Zone Development Authority | ||||||||
5.00%, 05/01/2022(3) | 1,545,000 | 1,575,498 | ||||||
5.00%, 05/01/2025 | 1,000,000 | 1,057,190 | ||||||
5.00%, 05/01/2032(3) | 2,025,000 | 2,073,377 | ||||||
5.00%, 05/01/2042(3) | 1,345,000 | 1,354,509 | ||||||
Berks County Municipal Authority | ||||||||
5.00%, 02/01/2040(1) | 500,000 | 555,945 | ||||||
5.00%, 02/01/2040(1) | 875,000 | 989,503 | ||||||
5.00%, 02/01/2040(1) | 6,510,000 | 7,222,389 | ||||||
Capital Region Water Revenue | ||||||||
5.00%, 07/15/2023 | 1,750,000 | 1,954,907 | ||||||
5.00%, 07/15/2025 | 1,000,000 | 1,177,230 | ||||||
Capital Region Water Sewer Revenue | ||||||||
5.00%, 07/15/2024 | 430,000 | 492,767 | ||||||
5.00%, 07/15/2028 | 350,000 | 433,706 | ||||||
Chester County Industrial Development Authority | ||||||||
4.38%, 03/01/2028(3) | 175,000 | 164,208 | ||||||
5.00%, 03/01/2038(3) | 425,000 | 387,851 | ||||||
5.13%, 03/01/2048(3) | 1,049,000 | 935,718 | ||||||
City of Philadelphia PA | ||||||||
5.00%, 08/01/2022 | 2,940,000 | 3,194,251 | ||||||
5.00%, 08/01/2023 | 4,000,000 | 4,484,200 | ||||||
5.00%, 07/15/2026 | 2,475,000 | 2,797,270 | ||||||
5.00%, 08/01/2027 | 1,500,000 | 1,833,720 | ||||||
5.00%, 08/01/2028 | 6,000,000 | 7,004,460 | ||||||
5.00%, 02/01/2029 | 3,175,000 | 3,996,690 | ||||||
5.00%, 08/01/2031 | 500,000 | 656,070 | ||||||
5.00%, 08/01/2031 | 8,000,000 | 9,799,120 | ||||||
5.00%, 08/01/2033 | 2,000,000 | 2,434,600 | ||||||
City of Philadelphia PA Airport Revenue | ||||||||
5.00%, 07/01/2030 | 1,000,000 | 1,168,810 | ||||||
City of Philadelphia PA Water & Wastewater Revenue | ||||||||
5.00%, 11/01/2026 | 1,165,000 | 1,401,355 | ||||||
5.00%, 11/01/2027 | 1,540,000 | 1,892,460 | ||||||
5.00%, 11/01/2032 | 1,000,000 | 1,212,940 | ||||||
City of Reading PA | ||||||||
5.00%, 11/01/2027 | 2,330,000 | 2,853,994 | ||||||
Coatesville School District | ||||||||
5.00%, 08/01/2025 | 875,000 | 1,020,994 | ||||||
Commonwealth Financing Authority | ||||||||
5.00%, 06/01/2023 | 750,000 | 822,668 | ||||||
5.00%, 06/01/2027 | 750,000 | 927,863 | ||||||
5.00%, 06/01/2027 | 1,500,000 | 1,802,655 | ||||||
5.00%, 06/01/2027 | 2,165,000 | 2,678,430 | ||||||
5.00%, 06/01/2028 | 2,500,000 | 3,057,200 | ||||||
5.00%, 06/01/2030 | 1,750,000 | 2,273,723 | ||||||
Commonwealth of Pennsylvania | ||||||||
4.00%, 11/15/2028 | 6,325,000 | 6,576,419 | ||||||
4.00%, 04/01/2033 | 20,000,000 | 21,238,400 | ||||||
5.00%, 11/01/2020 | 2,800,000 | 2,858,044 | ||||||
5.00%, 08/15/2021 | 1,015,000 | 1,066,795 | ||||||
5.00%, 11/01/2021 | 2,000,000 | 2,112,140 | ||||||
5.00%, 02/01/2023 | 895,000 | 986,612 |
5.00%, 01/01/2027 | 2,095,000 | 2,566,647 | ||||||
County of Lancaster PA | ||||||||
4.00%, 11/01/2029 | 625,000 | 736,963 | ||||||
4.00%, 11/01/2030 | 560,000 | 655,956 | ||||||
County of Luzerne PA | ||||||||
5.00%, 12/15/2029 | 750,000 | 911,055 | ||||||
Dauphin County General Authority | ||||||||
5.00%, 06/01/2020 | 815,000 | 819,817 | ||||||
5.00%, 06/01/2035 | 1,000,000 | 1,134,380 | ||||||
Delaware County Authority | ||||||||
5.00%, 08/01/2030 | 1,150,000 | 1,347,639 | ||||||
Delaware River Joint Toll Bridge Commission | ||||||||
5.00%, 07/01/2042 | 1,100,000 | 1,324,840 | ||||||
Doylestown Hospital Authority | ||||||||
4.00%, 07/01/2045 | 750,000 | 786,465 | ||||||
5.00%, 07/01/2046 | 3,700,000 | 4,133,936 | ||||||
5.00%, 07/01/2049 | 3,620,000 | 4,151,090 | ||||||
Easton Area School District | ||||||||
5.00%, 04/01/2029 | 1,000,000 | 1,199,140 | ||||||
5.00%, 04/01/2030 | 2,805,000 | 3,358,258 | ||||||
Franklin County Industrial Development Authority | ||||||||
5.00%, 12/01/2053 | 500,000 | 437,080 | ||||||
General Authority of Southcentral Pennsylvania | ||||||||
5.00%, 06/01/2038 | 1,970,000 | 2,442,308 | ||||||
5.00%, 06/01/2044 | 1,085,000 | 1,327,432 | ||||||
Hospitals & Higher Education Facilities Authority of Philadelphia | ||||||||
5.00%, 07/01/2021 | 275,000 | 284,765 | ||||||
5.00%, 07/01/2023 | 325,000 | 352,670 | ||||||
5.00%, 07/01/2030 | 780,000 | 857,766 | ||||||
5.00%, 07/01/2034 | 2,000,000 | 2,193,260 | ||||||
Lancaster City Parking Authority | ||||||||
4.00%, 09/01/2035 | 1,100,000 | 1,227,908 | ||||||
Lancaster County Hospital Authority | ||||||||
5.00%, 07/01/2023 | 775,000 | 775,403 | ||||||
5.00%, 07/01/2031 | 450,000 | 426,933 | ||||||
5.00%, 12/01/2032 | 250,000 | 259,117 | ||||||
5.00%, 12/01/2037 | 820,000 | 832,767 | ||||||
5.00%, 07/01/2045 | 1,970,000 | 1,933,811 | ||||||
5.00%, 12/01/2047 | 2,010,000 | 1,971,468 | ||||||
Lehigh County Industrial Development Authority | ||||||||
1.80%, 02/15/2027(1) | 1,000,000 | 1,006,120 | ||||||
1.80%, 09/01/2029(1) | 1,925,000 | 1,932,315 | ||||||
Luzerne County Industrial Development Authority | ||||||||
5.00%, 12/15/2027 | 1,000,000 | 1,171,260 | ||||||
Montgomery County Higher Education & Health Authority | ||||||||
5.00%, 09/01/2023 | 460,000 | 507,122 | ||||||
5.00%, 10/01/2023 | 50,000 | 54,956 | ||||||
5.00%, 09/01/2024 | 410,000 | 462,529 | ||||||
5.00%, 10/01/2028 | 1,000,000 | 1,161,470 | ||||||
5.00%, 09/01/2032 | 1,000,000 | 1,198,560 | ||||||
5.00%, 09/01/2033 | 305,000 | 364,557 | ||||||
5.00%, 10/01/2036 | 1,320,000 | 1,502,239 | ||||||
5.00%, 10/01/2040 | 1,595,000 | 1,800,883 |
Montgomery County Industrial Development Authority | ||||||||
5.25%, 01/15/2036 | 2,500,000 | 2,787,475 | ||||||
5.25%, 01/01/2040 | 1,510,000 | 1,462,979 | ||||||
5.38%, 01/01/2050 | 500,000 | 476,800 | ||||||
North Allegheny School District | ||||||||
4.00%, 05/01/2035 | 1,000,000 | 1,154,540 | ||||||
4.00%, 05/01/2036 | 705,000 | 811,032 | ||||||
Northampton County General Purpose Authority | ||||||||
2.15% (1 Month LIBOR USD + 1.04%), 08/15/2048(2) | 1,625,000 | 1,618,402 | ||||||
4.00%, 08/15/2048 | 470,000 | 514,020 | ||||||
5.00%, 08/15/2036 | 455,000 | 536,936 | ||||||
Pennsylvania Economic Development Financing Authority | ||||||||
1.12%, 08/01/2045(1) | 1,600,000 | 1,598,784 | ||||||
1.20%, 04/01/2049(1) | 2,000,000 | 1,999,880 | ||||||
1.70%, 08/01/2037(1) | 1,000,000 | 998,780 | ||||||
1.75%, 08/01/2038(1) | 10,000,000 | 9,476,200 | ||||||
2.15%, 11/01/2021(1) | 2,405,000 | 2,425,178 | ||||||
3.25%, 08/01/2039(3) | 625,000 | 493,738 | ||||||
Pennsylvania Higher Educational Facilities Authority | ||||||||
5.00%, 06/15/2022 | 2,000,000 | 2,143,000 | ||||||
5.00%, 06/15/2024 | 3,005,000 | 3,401,510 | ||||||
5.00%, 06/15/2025 | 1,855,000 | 2,152,820 | ||||||
5.00%, 08/15/2029 | 1,600,000 | 1,988,416 | ||||||
Pennsylvania State University | ||||||||
5.00%, 09/01/2020 | 2,440,000 | 2,479,577 | ||||||
5.00%, 09/01/2021 | 1,400,000 | 1,477,196 | ||||||
5.00%, 09/01/2022 | 2,295,000 | 2,501,435 | ||||||
Pennsylvania Turnpike Commission | ||||||||
5.00%, 06/01/2028 | 2,000,000 | 2,378,180 | ||||||
5.00%, 06/01/2032 | 2,000,000 | 2,419,420 | ||||||
5.00%, 06/01/2033 | 3,155,000 | 3,799,377 | ||||||
5.00%, 12/01/2034 | 1,000,000 | 1,224,120 | ||||||
Philadelphia Authority for Industrial Development | ||||||||
5.00%, 07/01/2031 | 205,000 | 207,470 | ||||||
5.00%, 07/01/2032 | 600,000 | 601,764 | ||||||
5.00%, 07/01/2037 | 150,000 | 146,934 | ||||||
5.00%, 06/15/2039 | 500,000 | 475,090 | ||||||
5.00%, 06/15/2050 | 1,375,000 | 1,242,423 | ||||||
Philadelphia Gas Works Co. | ||||||||
5.00%, 08/01/2022 | 750,000 | 813,592 | ||||||
Pittsburgh Water & Sewer Authority | ||||||||
5.00%, 09/01/2038 | 1,000,000 | 1,244,880 | ||||||
Reading School District | ||||||||
5.00%, 02/01/2021 | 1,000,000 | 1,029,770 | ||||||
5.00%, 02/01/2022 | 1,920,000 | 2,044,090 | ||||||
5.00%, 03/01/2035 | 1,100,000 | 1,313,499 | ||||||
5.00%, 03/01/2036 | 1,250,000 | 1,482,175 | ||||||
Redevelopment Authority of the City of Philadelphia | ||||||||
5.00%, 04/15/2023 | 1,335,000 | 1,449,463 | ||||||
School District of Philadelphia | ||||||||
5.00%, 09/01/2026 | 1,580,000 | 1,895,637 | ||||||
5.00%, 09/01/2029 | 1,500,000 | 1,896,330 | ||||||
5.00%, 09/01/2030 | 15,000 | 18,405 | ||||||
5.00%, 09/01/2030 | 3,985,000 | 4,722,544 | ||||||
5.00%, 09/01/2031 | 1,000,000 | 1,181,110 |
5.00%, 09/01/2031 | 1,200,000 | 1,477,080 | ||||||
5.00%, 09/01/2032 | 1,200,000 | 1,471,512 | ||||||
5.00%, 09/01/2032 | 2,200,000 | 2,751,430 | ||||||
5.00%, 09/01/2033 | 960,000 | 1,206,634 | ||||||
5.00%, 09/01/2033 | 1,500,000 | 1,866,435 | ||||||
5.25%, 09/01/2023 | 1,750,000 | 1,776,723 | ||||||
Scranton School District | ||||||||
5.00%, 06/01/2033 | 530,000 | 645,948 | ||||||
5.00%, 06/01/2035 | 515,000 | 623,753 | ||||||
Southeastern Pennsylvania Transportation Authority | ||||||||
5.00%, 03/01/2026 | 875,000 | 1,052,013 | ||||||
St Mary Hospital Authority | ||||||||
5.00%, 11/15/2022 | 1,900,000 | 2,078,600 | ||||||
State Public School Building Authority | ||||||||
4.00%, 12/01/2020 | 1,590,000 | 1,618,477 | ||||||
5.00%, 12/01/2022 | 7,370,000 | 8,045,534 | ||||||
5.00%, 04/01/2023 | 2,500,000 | 2,686,925 | ||||||
5.00%, 06/15/2025 | 3,000,000 | 3,446,220 | ||||||
5.00%, 06/01/2026 | 180,000 | 208,514 | ||||||
5.00%, 06/01/2029 | 500,000 | 628,410 | ||||||
5.00%, 12/01/2032 | 3,060,000 | 3,613,615 | ||||||
5.25%, 09/15/2030 | 1,000,000 | 1,237,750 | ||||||
Susquehanna Area Regional Airport Authority | ||||||||
5.00%, 01/01/2035 | 1,000,000 | 983,160 | ||||||
5.00%, 01/01/2038 | 2,125,000 | 2,052,112 | ||||||
Upper Merion Area School District | ||||||||
5.00%, 01/15/2030 | 600,000 | 714,240 | ||||||
York County School of Technology Authority | ||||||||
5.00%, 02/15/2023 | 1,200,000 | 1,321,212 | ||||||
5.00%, 02/15/2028 | 400,000 | 454,908 | ||||||
|
| |||||||
Total Pennsylvania | 287,259,566 | |||||||
|
| |||||||
Puerto Rico – 0.97% | ||||||||
Commonwealth of Puerto Rico | ||||||||
8.00%, 07/01/2035(4) | 6,500,000 | 3,900,000 | ||||||
Puerto Rico Commonwealth Aqueduct & Sewer Authority | ||||||||
4.00%, 07/01/2022 | 10,000 | 8,750 | ||||||
5.00%, 07/01/2022 | 300,000 | 282,000 | ||||||
5.00%, 07/01/2030 | 260,000 | 246,350 | ||||||
5.00%, 07/01/2033 | 1,520,000 | 1,436,400 | ||||||
5.13%, 07/01/2037 | 1,770,000 | 1,677,075 | ||||||
5.13%, 07/01/2047 | 1,000,000 | 999,950 | ||||||
5.25%, 07/01/2042 | 3,040,000 | 2,888,000 | ||||||
5.75%, 07/01/2037 | 2,000,000 | 1,960,000 | ||||||
6.00%, 07/01/2044 | 2,000,000 | 2,015,000 | ||||||
6.13%, 07/01/2024 | 280,000 | 291,200 | ||||||
Puerto Rico Electric Power Authority | ||||||||
3.70%, 07/01/2050(4) | 20,000 | 13,375 | ||||||
5.00%, 07/01/2024(4) | 340,000 | 240,550 | ||||||
5.00%, 07/01/2026(4) | 30,000 | 21,225 | ||||||
5.00%, 07/01/2027(4) | 15,000 | 10,612 | ||||||
5.00%, 07/01/2027(4) | 25,000 | 17,687 | ||||||
5.00%, 07/01/2028(4) | 30,000 | 21,225 | ||||||
5.00%, 07/01/2028(4) | 50,000 | 35,375 | ||||||
5.00%, 07/01/2032(4) | 650,000 | 459,875 |
5.00%, 07/01/2037(4) | 3,105,000 | 2,196,788 | ||||||
5.05%, 07/01/2042(4) | 120,000 | 84,900 | ||||||
5.25%, 07/01/2023(4) | 3,495,000 | 2,481,450 | ||||||
5.25%, 07/01/2024(4) | 25,000 | 17,750 | ||||||
5.25%, 07/01/2026(4) | 555,000 | 394,050 | ||||||
5.25%, 07/01/2027(4) | 30,000 | 21,300 | ||||||
5.25%, 07/01/2027(4) | 650,000 | 461,500 | ||||||
5.25%, 07/01/2028(4) | 60,000 | 42,600 | ||||||
5.25%, 07/01/2033(4) | 95,000 | 67,450 | ||||||
5.25%, 07/01/2040(4) | 3,075,000 | 2,183,250 | ||||||
5.25%, 07/01/2050(4) | 270,000 | 188,663 | ||||||
5.75%, 07/01/2036(4) | 1,300,000 | 929,500 | ||||||
6.75%, 07/01/2036(4) | 1,560,000 | 1,134,900 | ||||||
7.25%, 07/01/2030(4) | 265,000 | 193,450 | ||||||
Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue | ||||||||
0.00%, 07/01/2024 | 2,400,000 | 2,055,000 | ||||||
0.00%, 07/01/2024 | 6,650,000 | 5,694,062 | ||||||
0.00%, 07/01/2027 | 407,000 | 309,898 | ||||||
0.00%, 07/01/2027 | 2,061,000 | 1,569,287 | ||||||
0.00%, 07/01/2029 | 1,569,000 | 1,085,748 | ||||||
0.00%, 07/01/2031 | 4,300,000 | 2,674,084 | ||||||
0.00%, 07/01/2033 | 2,023,000 | 1,119,407 | ||||||
0.00%, 07/01/2046 | 8,706,000 | 2,058,273 | ||||||
4.50%, 07/01/2034 | 2,582,000 | 2,587,809 | ||||||
4.75%, 07/01/2053 | 780,000 | 734,495 | ||||||
4.78%, 07/01/2058 | 500,000 | 468,260 | ||||||
5.00%, 07/01/2058 | 9,600,000 | 9,335,520 | ||||||
|
| |||||||
Total Puerto Rico | 56,614,043 | |||||||
|
| |||||||
Rhode Island – 0.21% | ||||||||
Providence Redevelopment Agency | ||||||||
5.00%, 04/01/2028 | 1,200,000 | 1,269,096 | ||||||
Rhode Island Commerce Corp. | ||||||||
5.00%, 06/15/2020 | 3,000,000 | 3,023,460 | ||||||
Rhode Island Health & Educational Building Corp. | ||||||||
5.00%, 09/01/2031 | 710,000 | 808,974 | ||||||
5.00%, 09/01/2036 | 100,000 | 112,655 | ||||||
5.00%, 05/15/2039 | 700,000 | 750,687 | ||||||
Rhode Island Housing & Mortgage Finance Corp. | ||||||||
4.00%, 10/01/2049 | 610,000 | 660,679 | ||||||
Rhode Island Student Loan Authority | ||||||||
3.50%, 12/01/2034 | 585,000 | 605,996 | ||||||
5.00%, 12/01/2024 | 600,000 | 684,018 | ||||||
5.00%, 12/01/2025 | 750,000 | 872,407 | ||||||
5.00%, 12/01/2026 | 1,000,000 | 1,182,970 | ||||||
5.00%, 12/01/2027 | 800,000 | 962,520 | ||||||
Tobacco Settlement Financing Corp. | ||||||||
5.00%, 06/01/2024 | 1,455,000 | 1,575,197 | ||||||
|
| |||||||
Total Rhode Island | 12,508,659 | |||||||
|
| |||||||
South Carolina – 1.38% | ||||||||
Aiken County Consolidated School District | ||||||||
4.00%, 04/01/2034 | 2,415,000 | 2,828,907 | ||||||
Connector 2000 Association, Inc. | ||||||||
0.00%, 01/01/2032(5) | 3,500,000 | 1,481,725 | ||||||
0.00%, 07/22/2051(5) | 19,902,537 | 1,446,317 |
Lancaster County School District | ||||||||
5.00%, 03/01/2023 | 445,000 | 493,581 | ||||||
Lexington County Health Services District, Inc. | ||||||||
5.00%, 11/01/2022 | 250,000 | 269,462 | ||||||
5.00%, 11/01/2023 | 300,000 | 331,827 | ||||||
5.00%, 11/01/2024 | 780,000 | 884,130 | ||||||
Patriots Energy Group Financing Agency | ||||||||
4.00%, 10/01/2048(1) | 31,015,000 | 32,046,249 | ||||||
Scago Educational Facilities Corp. for Sumter County School 17 | ||||||||
4.00%, 12/01/2021 | 1,895,000 | 1,967,768 | ||||||
Scago Educational Facilities Corp. for Union School District | ||||||||
5.00%, 12/01/2023 | 1,060,000 | 1,186,098 | ||||||
South Carolina Jobs-Economic Development Authority | ||||||||
5.00%, 11/01/2028 | 700,000 | 767,382 | ||||||
5.00%, 05/01/2037 | 500,000 | 443,575 | ||||||
5.00%, 05/01/2042 | 500,000 | 423,555 | ||||||
5.00%, 11/15/2042 | 585,000 | 553,884 | ||||||
5.00%, 05/01/2043 | 4,675,000 | 5,500,418 | ||||||
5.00%, 04/01/2047 | 2,000,000 | 1,979,520 | ||||||
5.00%, 04/01/2052 | 1,750,000 | 1,717,117 | ||||||
5.00%, 11/15/2054 | 1,000,000 | 901,610 | ||||||
6.00%, 02/01/2035(3) | 525,000 | 453,500 | ||||||
6.25%, 02/01/2045(3) | 995,000 | 827,701 | ||||||
South Carolina Ports Authority | ||||||||
5.00%, 07/01/2026 | 1,940,000 | 2,278,511 | ||||||
5.00%, 07/01/2027 | 3,120,000 | 3,736,980 | ||||||
5.00%, 07/01/2028 | 1,100,000 | 1,341,505 | ||||||
South Carolina Public Service Authority | ||||||||
5.00%, 12/01/2022 | 1,185,000 | 1,284,220 | ||||||
5.00%, 12/01/2032 | 1,500,000 | 1,730,025 | ||||||
5.00%, 12/01/2035 | 1,500,000 | 1,734,045 | ||||||
5.00%, 12/01/2041 | 3,000,000 | 3,428,670 | ||||||
5.00%, 12/01/2049 | 1,900,000 | 2,061,139 | ||||||
5.00%, 12/01/2050 | 2,665,000 | 2,933,019 | ||||||
5.75%, 12/01/2043 | 2,000,000 | 2,324,420 | ||||||
South Carolina State Housing Finance & Development Authority | ||||||||
4.00%, 01/01/2050 | 905,000 | 988,513 | ||||||
South Carolina Transportation Infrastructure Bank | ||||||||
5.00%, 10/01/2025 | 305,000 | 359,595 | ||||||
|
| |||||||
Total South Carolina | 80,704,968 | |||||||
|
| |||||||
South Dakota – 0.13% | ||||||||
City of Sioux Falls SD | ||||||||
5.00%, 11/01/2042 | 750,000 | 683,745 | ||||||
South Dakota Health & Educational Facilities Authority | ||||||||
5.00%, 11/01/2029 | 800,000 | 940,200 | ||||||
5.00%, 11/01/2030 | 1,000,000 | 1,171,510 | ||||||
5.00%, 07/01/2033(1) | 2,630,000 | 2,949,256 | ||||||
5.00%, 11/01/2042 | 145,000 | 153,755 | ||||||
5.00%, 11/01/2045 | 1,500,000 | 1,703,880 | ||||||
|
| |||||||
Total South Dakota | 7,602,346 | |||||||
|
| |||||||
Tennessee – 1.50% | ||||||||
Blount County Health & Educational Facilities Board | ||||||||
5.00%, 01/01/2037 | 1,240,000 | 1,063,077 |
Chattanooga Health Educational & Housing Facility Board | ||||||||
5.00%, 10/01/2021 | 1,000,000 | 1,040,870 | ||||||
5.00%, 10/01/2022 | 325,000 | 340,922 | ||||||
5.00%, 10/01/2030 | 500,000 | 538,100 | ||||||
5.00%, 10/01/2032 | 1,215,000 | 1,302,905 | ||||||
5.00%, 10/01/2035 | 2,260,000 | 2,407,284 | ||||||
Greeneville Health & Educational Facilities Board | ||||||||
5.00%, 07/01/2025 | 1,850,000 | 2,058,902 | ||||||
5.00%, 07/01/2035 | 1,275,000 | 1,532,448 | ||||||
Johnson City Health & Educational Facilities Board | ||||||||
5.00%, 08/15/2042 | 2,000,000 | 2,113,220 | ||||||
Knox County Health Educational & Housing Facility Board | ||||||||
5.00%, 04/01/2023 | 1,825,000 | 1,986,257 | ||||||
5.00%, 04/01/2024 | 1,000,000 | 1,114,470 | ||||||
5.00%, 04/01/2027 | 1,740,000 | 2,061,761 | ||||||
Memphis-Shelby County Industrial Development Board | ||||||||
4.75%, 07/01/2027 | 200,000 | 198,730 | ||||||
5.50%, 07/01/2037 | 600,000 | 604,578 | ||||||
Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | ||||||||
1.88%, 07/01/2021(1) | 2,400,000 | 2,401,104 | ||||||
Nashville Metropolitan Development & Housing Agency | ||||||||
4.50%, 06/01/2028(3) | 1,050,000 | 1,063,629 | ||||||
5.13%, 06/01/2036(3) | 3,290,000 | 3,352,411 | ||||||
Shelby County Health Educational & Housing Facilities Board | ||||||||
5.00%, 09/01/2037(3) | 1,590,000 | 1,175,805 | ||||||
Tennergy Corp. | ||||||||
5.00%, 02/01/2050(1) | 11,590,000 | 12,523,459 | ||||||
Tennessee Energy Acquisition Corp. | ||||||||
4.00%, 05/01/2048(1) | 8,885,000 | 9,101,261 | ||||||
4.00%, 11/01/2049(1) | 7,070,000 | 7,347,992 | ||||||
5.00%, 02/01/2027 | 2,725,000 | 3,010,634 | ||||||
Tennessee State School Bond Authority | ||||||||
5.00%, 11/01/2040 | 25,000,000 | 29,114,000 | ||||||
|
| |||||||
Total Tennessee | 87,453,819 | |||||||
|
| |||||||
Texas – 9.60% | ||||||||
Alamito Public Facility Corp. | ||||||||
1.51%, 05/01/2037(1) | 5,000,000 | 4,989,400 | ||||||
1.95%, 04/01/2036(1) | 7,000,000 | 7,003,080 | ||||||
2.25%, 06/01/2021(1) | 3,000,000 | 3,003,240 | ||||||
2.50%, 11/01/2021(1) | 15,000,000 | 15,129,750 | ||||||
Alamo Community College District | ||||||||
4.00%, 02/15/2021 | 715,000 | 733,140 | ||||||
4.00%, 02/15/2022 | 665,000 | 700,710 | ||||||
4.00%, 02/15/2023 | 1,000,000 | 1,077,970 | ||||||
Austin Community College District Public Facility Corp. | ||||||||
5.00%, 08/01/2024 | 430,000 | 496,315 | ||||||
5.00%, 08/01/2028 | 310,000 | 385,249 | ||||||
5.00%, 08/01/2031 | 300,000 | 369,792 | ||||||
5.00%, 08/01/2031 | 565,000 | 696,442 | ||||||
Austin Convention Enterprises, Inc. | ||||||||
5.00%, 01/01/2023 | 250,000 | 252,530 | ||||||
5.00%, 01/01/2025 | 150,000 | 151,607 | ||||||
5.00%, 01/01/2028 | 400,000 | 402,304 | ||||||
5.00%, 01/01/2029 | 425,000 | 425,191 |
5.00%, 01/01/2030 | 720,000 | 712,742 | ||||||
5.00%, 01/01/2032 | 1,700,000 | 1,675,316 | ||||||
5.00%, 01/01/2034 | 730,000 | 699,347 | ||||||
Austin-Bergstrom Landhost Enterprises, Inc. | ||||||||
5.00%, 10/01/2023 | 1,425,000 | 1,589,246 | ||||||
5.00%, 10/01/2025 | 1,780,000 | 2,090,414 | ||||||
5.00%, 10/01/2026 | 1,400,000 | 1,681,890 | ||||||
5.00%, 10/01/2028 | 1,925,000 | 2,353,813 | ||||||
5.00%, 10/01/2030 | 2,175,000 | 2,641,451 | ||||||
5.00%, 10/01/2033 | 2,000,000 | 2,410,160 | ||||||
5.00%, 10/01/2034 | 2,000,000 | 2,403,240 | ||||||
5.00%, 10/01/2036 | 1,000,000 | 1,194,750 | ||||||
Baytown Area Water Authority | ||||||||
5.00%, 05/01/2023 | 1,000,000 | 1,107,780 | ||||||
5.00%, 05/01/2024 | 1,000,000 | 1,141,110 | ||||||
5.00%, 05/01/2025 | 1,000,000 | 1,173,120 | ||||||
Board of Managers Joint Guadalupe County-City of Seguin Hospital | ||||||||
5.00%, 12/01/2045 | 290,000 | 309,903 | ||||||
5.25%, 12/01/2035 | 525,000 | 578,109 | ||||||
Central Texas Regional Mobility Authority | ||||||||
4.00%, 01/01/2022 | 5,000,000 | 5,163,850 | ||||||
5.00%, 01/01/2022 | 500,000 | 531,670 | ||||||
5.00%, 01/01/2024 | 175,000 | 187,570 | ||||||
5.00%, 01/01/2025 | 225,000 | 244,463 | ||||||
5.00%, 01/01/2028 | 300,000 | 331,185 | ||||||
5.00%, 01/01/2034 | 1,475,000 | 1,595,906 | ||||||
5.00%, 01/01/2040 | 2,250,000 | 2,427,885 | ||||||
5.00%, 01/01/2042 | 1,335,000 | 1,391,697 | ||||||
5.00%, 01/01/2046 | 1,600,000 | 1,715,264 | ||||||
Central Texas Turnpike System | ||||||||
5.00%, 08/15/2037 | 2,500,000 | 2,592,350 | ||||||
5.00%, 08/15/2042 | 1,400,000 | 1,440,432 | ||||||
City of Arlington TX Special Tax Revenue | ||||||||
5.00%, 02/15/2045 | 530,000 | 543,854 | ||||||
City of Austin TX Airport System Revenue | ||||||||
5.00%, 11/15/2026 | 1,140,000 | 1,348,962 | ||||||
5.00%, 11/15/2044 | 255,000 | 279,018 | ||||||
City of Dallas TX | ||||||||
5.00%, 02/15/2023 | 1,000,000 | 1,065,860 | ||||||
5.00%, 02/15/2024 | 1,055,000 | 1,198,248 | ||||||
City of Dallas TX Waterworks & Sewer System Revenue | ||||||||
5.00%, 10/01/2027 | 530,000 | 633,191 | ||||||
5.00%, 10/01/2031 | 800,000 | 976,480 | ||||||
City of El Paso TX | ||||||||
5.00%, 08/15/2025 | 2,245,000 | 2,658,731 | ||||||
City of Fort Worth TX | ||||||||
5.00%, 03/01/2023 | 1,000,000 | 1,108,870 | ||||||
City of Garland TX Water & Sewer System Revenue | ||||||||
5.00%, 03/01/2028 | 700,000 | 861,182 | ||||||
City of Houston TX | ||||||||
5.00%, 03/01/2023 | 1,975,000 | 2,187,609 | ||||||
5.00%, 03/01/2025 | 750,000 | 880,980 | ||||||
5.00%, 03/01/2029 | 1,000,000 | 1,222,540 |
City of Houston TX Airport System Revenue | ||||||||
4.50%, 07/01/2020 | 1,500,000 | 1,499,805 | ||||||
4.75%, 07/01/2024 | 2,000,000 | 1,962,220 | ||||||
5.00%, 07/15/2020 | 1,000,000 | 999,850 | ||||||
5.00%, 07/01/2027 | 3,000,000 | 3,597,720 | ||||||
5.00%, 07/01/2029 | 1,000,000 | 1,178,540 | ||||||
5.00%, 07/01/2031 | 1,750,000 | 2,051,648 | ||||||
5.00%, 07/01/2032 | 1,750,000 | 2,045,435 | ||||||
5.00%, 07/15/2035 | 800,000 | 784,032 | ||||||
City of Houston TX Combined Utility System Revenue | ||||||||
5.00%, 11/15/2022 | 200,000 | 219,942 | ||||||
5.00%, 11/15/2023 | 225,000 | 255,620 | ||||||
5.00%, 05/15/2028 | 410,000 | 474,964 | ||||||
5.00%, 11/15/2030 | 2,005,000 | 2,549,658 | ||||||
5.00%, 11/15/2033 | 400,000 | 484,068 | ||||||
5.00%, 11/15/2049 | 2,665,000 | 3,281,441 | ||||||
City of Houston TX Hotel Occupancy Tax & Special Revenue | ||||||||
5.00%, 09/01/2036 | 2,100,000 | 2,501,667 | ||||||
City of San Antonio TX Airport System | ||||||||
5.00%, 07/01/2027 | 2,000,000 | 2,348,400 | ||||||
5.00%, 07/01/2028 | 1,750,000 | 2,073,033 | ||||||
5.00%, 07/01/2030 | 1,000,000 | 1,193,970 | ||||||
City of San Antonio TX Electric & Gas Systems Revenue | ||||||||
1.75%, 02/01/2049(1) | 4,000,000 | 3,997,280 | ||||||
2.00%, 02/01/2033(1) | 1,115,000 | 1,119,471 | ||||||
3.00%, 12/01/2045(1) | 5,150,000 | 5,211,388 | ||||||
5.00%, 02/01/2030 | 1,000,000 | 1,241,700 | ||||||
City of Waco TX | ||||||||
5.00%, 02/01/2025 | 1,710,000 | 1,944,749 | ||||||
Clifton Higher Education Finance Corp. | ||||||||
6.13%, 08/15/2048 | 2,250,000 | 2,400,142 | ||||||
Coppell Independent School District | ||||||||
4.00%, 08/15/2034 | 2,310,000 | 2,715,867 | ||||||
4.00%, 08/15/2036 | 2,580,000 | 3,013,285 | ||||||
5.00%, 08/15/2033 | 2,955,000 | 3,725,457 | ||||||
County of Comal TX | ||||||||
4.00%, 02/01/2023 | 1,000,000 | 1,074,090 | ||||||
County of El Paso TX | ||||||||
5.00%, 02/15/2029 | 1,500,000 | 1,848,870 | ||||||
5.00%, 02/15/2031 | 1,280,000 | 1,525,248 | ||||||
County of Travis TX | ||||||||
5.00%, 03/01/2038 | 5,545,000 | 7,011,209 | ||||||
County of Williamson TX | ||||||||
5.00%, 02/15/2021 | 1,000,000 | 1,034,000 | ||||||
Cypress-Fairbanks Independent School District | ||||||||
1.25%, 02/15/2036(1) | 390,000 | 389,766 | ||||||
1.25%, 02/15/2036(1) | 1,190,000 | 1,189,286 | ||||||
1.40%, 02/15/2040(1) | 1,000,000 | 999,240 | ||||||
1.40%, 02/15/2044(1) | 1,000,000 | 999,240 | ||||||
2.13%, 02/15/2040(1) | 10,000,000 | 10,070,900 | ||||||
5.00%, 02/15/2027 | 470,000 | 561,509 | ||||||
Dallas Area Rapid Transit | ||||||||
5.00%, 12/01/2024 | 550,000 | 642,015 | ||||||
Dallas County Utility & Reclamation District | ||||||||
5.00%, 02/15/2024 | 1,125,000 | 1,278,202 |
Dallas Independent School District | ||||||||
5.00%, 02/15/2036(1) | 85,000 | 91,116 | ||||||
5.00%, 02/15/2036 | 1,045,000 | 1,120,188 | ||||||
5.00%, 02/15/2036(1) | 2,180,000 | 2,315,095 | ||||||
5.00%, 02/15/2036(1) | 2,175,000 | 2,331,491 | ||||||
Dallas Love Field | ||||||||
5.00%, 11/01/2035 | 1,000,000 | 1,140,150 | ||||||
Dallas/Fort Worth International Airport | ||||||||
5.00%, 11/01/2037 | 10,100,000 | 10,474,710 | ||||||
5.00%, 11/01/2038 | 3,110,000 | 3,224,386 | ||||||
5.00%, 11/01/2044 | 300,000 | 317,820 | ||||||
Denton Independent School District | ||||||||
0.00%, 08/15/2025 | 500,000 | 466,085 | ||||||
2.00%, 08/01/2044(1) | 5,275,000 | 5,373,221 | ||||||
El Paso County Hospital District | ||||||||
5.00%, 08/15/2027 | 1,260,000 | 1,378,931 | ||||||
Forney Independent School District | ||||||||
5.00%, 02/15/2030 | 710,000 | 916,546 | ||||||
5.00%, 02/15/2031 | 1,000,000 | 1,286,410 | ||||||
5.00%, 02/15/2032 | 1,345,000 | 1,725,568 | ||||||
Fort Bend Independent School District | ||||||||
1.35%, 08/01/2042(1) | 490,000 | 489,593 | ||||||
1.50%, 08/01/2042(1) | 960,000 | 958,733 | ||||||
Fort Worth Independent School District | ||||||||
5.00%, 02/15/2022 | 450,000 | 482,899 | ||||||
5.00%, 02/15/2026 | 1,365,000 | 1,637,550 | ||||||
Grand Parkway Transportation Corp. | ||||||||
5.00%, 02/01/2023 | 1,580,000 | 1,716,417 | ||||||
5.00%, 10/01/2031 | 2,630,000 | 3,270,431 | ||||||
5.00%, 10/01/2033 | 1,205,000 | 1,481,282 | ||||||
5.00%, 10/01/2034 | 1,500,000 | 1,833,345 | ||||||
5.00%, 10/01/2052(1) | 9,610,000 | 10,648,457 | ||||||
Gregg County Health Facilities Development Corp. | ||||||||
4.50%, 07/01/2032 | 635,000 | 680,726 | ||||||
5.00%, 07/01/2042 | 25,000 | 27,070 | ||||||
Gulf Coast Authority | ||||||||
2.15%, 05/01/2028(1) | 4,000,000 | 4,000,240 | ||||||
Harlandale Independent School District | ||||||||
5.00%, 08/01/2030 | 1,305,000 | 1,583,800 | ||||||
Harris County Cultural Education Facilities Finance Corp. | ||||||||
5.00%, 06/01/2021 | 1,100,000 | 1,147,762 | ||||||
5.00%, 01/01/2043 | 180,000 | 179,743 | ||||||
5.00%, 07/01/2049(1) | 1,290,000 | 1,396,954 | ||||||
5.00%, 07/01/2049(1) | 1,480,000 | 1,680,436 | ||||||
5.00%, 07/01/2049(1) | 5,000,000 | 5,970,050 | ||||||
Hays Consolidated Independent School District | ||||||||
2.70%, 08/15/2042(1) | 2,900,000 | 2,963,249 | ||||||
Houston Independent School District | ||||||||
2.25%, 06/01/2039(1) | 5,000,000 | 5,055,250 | ||||||
2.40%, 06/01/2030(1) | 7,000,000 | 7,078,820 | ||||||
5.00%, 02/15/2030 | 1,000,000 | 1,190,370 | ||||||
Irving Hospital Authority | ||||||||
5.00%, 10/15/2035 | 625,000 | 722,156 |
Love Field Airport Modernization Corp. | ||||||||
5.00%, 11/01/2028 | 1,250,000 | 1,245,800 | ||||||
5.25%, 11/01/2040 | 3,015,000 | 2,959,072 | ||||||
Lower Colorado River Authority | ||||||||
5.00%, 05/15/2020 | 1,070,000 | 1,074,901 | ||||||
5.00%, 05/15/2021 | 800,000 | 834,240 | ||||||
5.00%, 05/15/2022 | 1,025,000 | 1,104,561 | ||||||
5.00%, 05/15/2026 | 1,000,000 | 1,207,900 | ||||||
5.00%, 05/15/2036 | 1,425,000 | 1,753,320 | ||||||
5.00%, 05/15/2037 | 1,500,000 | 1,766,055 | ||||||
Lower Neches Valley Authority Industrial Development Corp. | ||||||||
0.70%, 11/01/2038(1) | 11,495,000 | 11,495,000 | ||||||
Midlothian Independent School District | ||||||||
2.00%, 08/01/2051(1) | 1,065,000 | 1,084,830 | ||||||
2.50%, 08/01/2052(1) | 1,135,000 | 1,139,915 | ||||||
2.50%, 08/01/2052(1) | 7,145,000 | 7,166,006 | ||||||
Mission Economic Development Corp. | ||||||||
1.12%, 01/01/2026(1) | 6,800,000 | 6,798,640 | ||||||
2.50%, 08/01/2020 | 3,000,000 | 3,003,450 | ||||||
4.63%, 10/01/2031(3) | 4,055,000 | 4,138,249 | ||||||
Montgomery County Toll Road Authority | ||||||||
5.00%, 09/15/2032 | 50,000 | 54,064 | ||||||
5.00%, 09/15/2033 | 55,000 | 59,338 | ||||||
5.00%, 09/15/2034 | 55,000 | 59,181 | ||||||
5.00%, 09/15/2035 | 55,000 | 58,942 | ||||||
5.00%, 09/15/2036 | 75,000 | 80,153 | ||||||
5.00%, 09/15/2038 | 125,000 | 132,680 | ||||||
5.00%, 09/15/2043 | 380,000 | 399,923 | ||||||
5.00%, 09/15/2048 | 1,070,000 | 1,119,273 | ||||||
New Hope Cultural Education Facilities Finance Corp. | ||||||||
5.00%, 08/15/2024 | 730,000 | 842,522 | ||||||
5.00%, 08/15/2026 | 200,000 | 242,944 | ||||||
5.00%, 08/15/2027 | 375,000 | 465,832 | ||||||
5.00%, 08/15/2030 | 3,500,000 | 4,307,800 | ||||||
5.00%, 04/01/2031 | 335,000 | 325,888 | ||||||
5.00%, 10/01/2031 | 160,000 | 153,250 | ||||||
5.00%, 11/01/2031 | 1,750,000 | 1,864,590 | ||||||
5.00%, 10/01/2034 | 185,000 | 173,032 | ||||||
5.00%, 07/01/2035 | 2,100,000 | 1,765,197 | ||||||
5.00%, 04/01/2036 | 355,000 | 332,330 | ||||||
5.00%, 10/01/2039 | 250,000 | 225,208 | ||||||
5.00%, 11/01/2040 | 1,100,000 | 1,150,545 | ||||||
5.00%, 07/01/2047 | 1,075,000 | 873,739 | ||||||
5.00%, 04/01/2048 | 1,250,000 | 1,089,075 | ||||||
5.00%, 07/01/2058 | 275,000 | 311,682 | ||||||
5.25%, 10/01/2049 | 575,000 | 509,916 | ||||||
5.50%, 11/15/2052 | 250,000 | 224,970 | ||||||
Newark Higher Education Finance Corp. | ||||||||
5.00%, 04/01/2029 | 505,000 | 584,891 | ||||||
North East Independent School District | ||||||||
1.42%, 08/01/2040(1) | 460,000 | 458,910 | ||||||
North Texas Municipal Water District | ||||||||
5.00%, 06/01/2027 | 1,025,000 | 1,280,717 | ||||||
5.00%, 06/01/2028 | 1,050,000 | 1,305,644 | ||||||
5.00%, 06/01/2029 | 600,000 | 744,024 |
North Texas Tollway Authority | ||||||||
5.00%, 01/01/2023 | 235,000 | 258,180 | ||||||
5.00%, 01/01/2030 | 75,000 | 87,044 | ||||||
5.00%, 01/01/2030 | 6,250,000 | 6,956,563 | ||||||
5.00%, 01/01/2031 | 105,000 | 121,306 | ||||||
5.00%, 01/01/2031 | 500,000 | 577,945 | ||||||
5.00%, 01/01/2031 | 1,100,000 | 1,354,562 | ||||||
5.00%, 01/01/2031 | 1,900,000 | 2,114,795 | ||||||
5.00%, 01/01/2032 | 1,100,000 | 1,349,392 | ||||||
5.00%, 01/01/2033 | 500,000 | 600,225 | ||||||
5.00%, 01/01/2033 | 1,250,000 | 1,526,075 | ||||||
5.00%, 01/01/2033 | 3,150,000 | 3,573,770 | ||||||
5.00%, 01/01/2034 | 1,400,000 | 1,699,250 | ||||||
5.00%, 01/01/2035 | 1,500,000 | 1,809,030 | ||||||
5.00%, 01/01/2036 | 550,000 | 629,965 | ||||||
5.00%, 01/01/2039 | 170,000 | 193,538 | ||||||
5.00%, 01/01/2040 | 2,000,000 | 2,179,700 | ||||||
5.00%, 01/01/2043 | 3,600,000 | 4,216,644 | ||||||
Northside Independent School District | ||||||||
1.60%, 08/01/2049(1) | 14,745,000 | 14,656,972 | ||||||
Old Spanish Trail-Alemda Corridors Redevelopment Authority | ||||||||
4.00%, 09/01/2033 | 1,360,000 | 1,580,728 | ||||||
Pasadena Independent School District | ||||||||
1.50%, 02/15/2044(1) | 4,295,000 | 4,288,729 | ||||||
Permanent University Fund - University of Texas System | ||||||||
5.00%, 07/01/2029 | 235,000 | 281,189 | ||||||
Pflugerville Independent School District | ||||||||
2.50%, 02/15/2039(1) | 7,500,000 | 7,733,925 | ||||||
Plano Independent School District | ||||||||
5.00%, 02/15/2022 | 1,000,000 | 1,073,110 | ||||||
Port Beaumont Navigation District | ||||||||
4.00%, 01/01/2050(3) | 1,035,000 | 798,875 | ||||||
Port of Port Arthur Navigation District | ||||||||
6.25%, 11/01/2040(1) | 15,000,000 | 15,000,000 | ||||||
Prosper Independent School District | ||||||||
5.00%, 02/15/2040 | 1,000,000 | 1,255,070 | ||||||
Rockwall Independent School District | ||||||||
0.00%, 02/15/2024 | 1,005,000 | 951,313 | ||||||
San Antonio Water System | ||||||||
5.00%, 05/15/2032 | 3,000,000 | 3,292,530 | ||||||
State of Texas | ||||||||
1.85%, 08/01/2029(1) | 1,155,000 | 1,155,393 | ||||||
2.25%, 08/01/2029(1) | 4,295,000 | 4,301,099 | ||||||
4.00%, 08/27/2020 | 20,000,000 | 20,225,600 | ||||||
4.00%, 08/01/2021 | 1,240,000 | 1,284,838 | ||||||
4.00%, 10/01/2032 | 1,200,000 | 1,308,864 | ||||||
5.00%, 08/01/2025 | 2,035,000 | 2,306,998 | ||||||
5.00%, 08/01/2026 | 1,000,000 | 1,162,470 | ||||||
5.00%, 04/01/2027 | 5,000,000 | 6,056,300 | ||||||
5.00%, 04/01/2039 | 10,000,000 | 11,375,700 | ||||||
5.00%, 04/01/2042 | 2,755,000 | 2,966,667 | ||||||
5.50%, 08/01/2032 | 1,000,000 | 1,242,320 |
Tarrant County Cultural Education Facilities Finance Corp. | ||||||||
5.00%, 11/15/2022 | 300,000 | 322,644 | ||||||
5.00%, 07/01/2026 | 1,775,000 | 2,140,242 | ||||||
5.00%, 11/15/2035 | 1,015,000 | 905,380 | ||||||
5.00%, 11/15/2035 | 1,750,000 | 1,766,975 | ||||||
5.00%, 11/15/2037 | 4,400,000 | 5,166,876 | ||||||
5.00%, 11/15/2040 | 1,800,000 | 1,800,774 | ||||||
5.00%, 11/15/2040 | 1,650,000 | 1,849,238 | ||||||
5.00%, 11/15/2045 | 1,175,000 | 962,713 | ||||||
5.00%, 11/15/2046 | 1,615,000 | 1,799,788 | ||||||
5.75%, 12/01/2054 | 530,708 | 438,726 | ||||||
Texas A&M University | ||||||||
3.00%, 05/15/2028 | 2,300,000 | 2,493,683 | ||||||
Texas Department of Housing & Community Affairs | ||||||||
2.95%, 07/01/2036 | 1,665,574 | 1,723,503 | ||||||
4.00%, 03/01/2050 | 1,770,000 | 1,950,044 | ||||||
Texas Municipal Gas Acquisition & Supply Corp. I | ||||||||
5.25%, 12/15/2022 | 450,000 | 482,386 | ||||||
5.25%, 12/15/2025 | �� | 3,000,000 | 3,421,470 | |||||
6.25%, 12/15/2026 | 7,385,000 | 8,133,322 | ||||||
Texas Municipal Gas Acquisition & Supply Corp. III | ||||||||
5.00%, 12/15/2029 | 5,000,000 | 5,191,550 | ||||||
5.00%, 12/15/2032 | 3,000,000 | 3,097,950 | ||||||
Texas Municipal Power Agency | ||||||||
5.00%, 09/01/2033 | 920,000 | 931,988 | ||||||
5.00%, 09/01/2034 | 945,000 | 957,276 | ||||||
5.00%, 09/01/2035 | 1,200,000 | 1,215,432 | ||||||
Texas Private Activity Bond Surface Transportation Corp. | ||||||||
5.00%, 12/31/2050 | 2,410,000 | 2,545,538 | ||||||
5.00%, 12/31/2055 | 2,755,000 | 2,903,798 | ||||||
Texas Public Finance Authority | ||||||||
5.00%, 02/01/2028 | 2,300,000 | 2,898,345 | ||||||
Texas State University System | ||||||||
5.00%, 03/15/2026 | 800,000 | 966,856 | ||||||
5.00%, 03/15/2029 | 610,000 | 749,995 | ||||||
5.00%, 03/15/2032 | 1,325,000 | 1,617,123 | ||||||
Texas Transportation Commission | ||||||||
0.00%, 08/01/2034 | 1,060,000 | 592,614 | ||||||
0.00%, 08/01/2037 | 725,000 | 339,286 | ||||||
0.00%, 08/01/2038 | 800,000 | 353,600 | ||||||
0.00%, 08/01/2039 | 710,000 | 297,142 | ||||||
0.00%, 08/01/2040 | 1,500,000 | 592,980 | ||||||
5.00%, 08/01/2057 | 2,930,000 | 3,096,512 | ||||||
Texas Transportation Commission State Highway Fund | ||||||||
5.00%, 10/01/2023 | 5,020,000 | 5,668,082 | ||||||
Texas Water Development Board | ||||||||
5.00%, 04/15/2030 | 6,225,000 | 7,962,460 | ||||||
5.00%, 04/15/2049 | 975,000 | 1,190,338 | ||||||
Travis County Health Facilities Development Corp. | ||||||||
7.00%, 11/01/2030 | 55,000 | 56,261 | ||||||
University of Houston | ||||||||
5.00%, 02/15/2030 | 860,000 | 992,930 | ||||||
University of Texas Revenues | ||||||||
4.00%, 08/15/2036 | 10,785,000 | 11,717,579 | ||||||
University of Texas System | ||||||||
5.00%, 08/15/2021 | 505,000 | 531,831 |
Uptown Development Authority | ||||||||
5.00%, 09/01/2033 | 715,000 | 811,997 | ||||||
Viridian Municipal Management District | ||||||||
4.00%, 12/01/2029 | 520,000 | 566,280 | ||||||
4.00%, 12/01/2031 | 560,000 | 606,978 | ||||||
4.00%, 12/01/2032 | 580,000 | 627,850 | ||||||
4.00%, 12/01/2033 | 605,000 | 646,303 | ||||||
|
| |||||||
Total Texas | 560,618,396 | |||||||
|
| |||||||
Utah – 0.19% | ||||||||
Salt Lake City Corp. Airport Revenue | ||||||||
5.00%, 07/01/2025 | 1,000,000 | 1,134,920 | ||||||
5.00%, 07/01/2026 | 1,700,000 | 1,963,160 | ||||||
5.00%, 07/01/2026 | 3,000,000 | 3,464,400 | ||||||
5.25%, 07/01/2048 | 3,000,000 | 3,433,830 | ||||||
Utah Charter School Finance Authority | ||||||||
4.50%, 06/15/2027(3) | 1,000,000 | 969,410 | ||||||
|
| |||||||
Total Utah | 10,965,720 | |||||||
|
| |||||||
Vermont – 0.08% | ||||||||
Vermont Educational & Health Buildings Financing Agency | ||||||||
5.00%, 10/15/2027 | 1,000,000 | 1,118,540 | ||||||
5.00%, 10/15/2029 | 890,000 | 984,162 | ||||||
Vermont Student Assistance Corp. | ||||||||
5.00%, 06/15/2025 | 800,000 | 918,568 | ||||||
5.00%, 06/15/2026 | 500,000 | 584,805 | ||||||
5.00%, 06/15/2027 | 700,000 | 815,346 | ||||||
|
| |||||||
Total Vermont | 4,421,421 | |||||||
|
| |||||||
Virgin Islands – 0.06% | ||||||||
Virgin Islands Public Finance Authority | ||||||||
5.00%, 10/01/2032 | 3,000,000 | 3,246,420 | ||||||
|
| |||||||
Total Virgin Islands | 3,246,420 | |||||||
|
| |||||||
Virginia – 1.61% | ||||||||
Chesapeake Bay Bridge & Tunnel District | ||||||||
5.00%, 11/01/2023 | 7,700,000 | 8,370,362 | ||||||
5.00%, 07/01/2046 | 3,985,000 | 4,362,539 | ||||||
5.00%, 07/01/2051 | 1,095,000 | 1,194,514 | ||||||
City of Chesapeake VA | ||||||||
5.00%, 08/01/2036 | 1,500,000 | 1,991,325 | ||||||
City of Norfolk VA Water Revenue | ||||||||
5.00%, 11/01/2022 | 1,645,000 | 1,807,148 | ||||||
County of Botetourt VA | ||||||||
4.75%, 07/01/2023 | 80,000 | 80,462 | ||||||
6.00%, 07/01/2034 | 1,500,000 | 1,561,275 | ||||||
County of Loudoun VA | ||||||||
5.00%, 12/01/2023 | 825,000 | 939,881 | ||||||
Fairfax County Industrial Development Authority | ||||||||
5.00%, 05/15/2035 | 1,175,000 | 1,250,247 | ||||||
5.00%, 05/15/2044 | 975,000 | 1,104,441 | ||||||
Franklin County Industrial Development Authority | ||||||||
3.00%, 10/15/2023 | 2,000,000 | 2,016,720 | ||||||
Fredericksburg Economic Development Authority | ||||||||
5.00%, 06/15/2031 | 500,000 | 568,455 | ||||||
Hanover County Economic Development Authority | ||||||||
5.00%, 07/01/2042 | 1,000,000 | 966,060 | ||||||
5.00%, 07/01/2047 | 2,000,000 | 1,922,200 |
Newport News Economic Development Authority | ||||||||
5.00%, 12/01/2038 | 1,000,000 | 985,620 | ||||||
Norfolk Redevelopment & Housing Authority | ||||||||
4.00%, 01/01/2025 | 3,070,000 | 3,031,963 | ||||||
5.00%, 01/01/2046 | 240,000 | 241,087 | ||||||
5.00%, 01/01/2049 | 500,000 | 502,515 | ||||||
Salem Economic Development Authority | ||||||||
5.00%, 04/01/2030 | 710,000 | 804,210 | ||||||
5.00%, 04/01/2031 | 400,000 | 449,904 | ||||||
5.00%, 04/01/2032 | 700,000 | 783,909 | ||||||
5.00%, 04/01/2033 | 350,000 | 390,642 | ||||||
5.00%, 04/01/2034 | 925,000 | 1,027,425 | ||||||
Stafford County Economic Development Authority | ||||||||
4.00%, 06/15/2037 | 50,000 | 53,421 | ||||||
5.00%, 06/15/2030 | 150,000 | 178,518 | ||||||
5.00%, 06/15/2033 | 150,000 | 176,942 | ||||||
5.00%, 06/15/2034 | 500,000 | 587,805 | ||||||
Tobacco Settlement Financing Corp. | ||||||||
0.00%, 06/01/2047 | 3,000,000 | 461,640 | ||||||
Virginia College Building Authority | ||||||||
5.00%, 02/01/2023 | 700,000 | 773,304 | ||||||
5.00%, 09/01/2023 | 1,000,000 | 1,125,400 | ||||||
5.00%, 02/01/2024 | 2,475,000 | 2,816,748 | ||||||
5.00%, 02/01/2026 | 1,000,000 | 1,200,980 | ||||||
5.00%, 02/01/2030 | 1,500,000 | 1,889,640 | ||||||
5.00%, 07/01/2030(3) | 500,000 | 503,860 | ||||||
5.00%, 07/01/2045(3) | 500,000 | 462,845 | ||||||
5.00%, 07/01/2045(3) | 1,000,000 | 925,690 | ||||||
5.25%, 07/01/2035(3) | 1,000,000 | 999,920 | ||||||
Virginia Commonwealth Transportation Board | ||||||||
5.00%, 09/15/2022 | 1,000,000 | 1,076,150 | ||||||
5.00%, 09/15/2023 | 2,500,000 | 2,826,025 | ||||||
Virginia Port Authority | ||||||||
5.00%, 07/01/2023 | 1,000,000 | 1,111,030 | ||||||
Virginia Public Building Authority | ||||||||
5.00%, 08/01/2022 | 1,050,000 | 1,142,579 | ||||||
5.00%, 08/01/2022 | 1,490,000 | 1,621,373 | ||||||
Virginia Public School Authority | ||||||||
5.00%, 08/01/2022 | 2,505,000 | 2,720,430 | ||||||
5.00%, 08/01/2022 | 3,275,000 | 3,566,147 | ||||||
Virginia Small Business Financing Authority | ||||||||
5.00%, 07/01/2034 | 1,000,000 | 1,007,240 | ||||||
5.00%, 01/01/2040 | 3,540,000 | 3,553,133 | ||||||
5.00%, 01/01/2040 | 4,135,000 | 4,150,465 | ||||||
5.00%, 01/01/2048(1)(3) | 500,000 | 500,555 | ||||||
5.00%, 07/01/2049 | 1,890,000 | 1,884,387 | ||||||
5.00%, 12/31/2049 | 500,000 | 545,670 | ||||||
5.00%, 12/31/2052 | 880,000 | 958,461 | ||||||
5.00%, 12/31/2056 | 4,455,000 | 4,846,416 | ||||||
5.50%, 01/01/2042 | 6,590,000 | 6,686,609 | ||||||
Wise County Industrial Development Authority | ||||||||
1.88%, 11/01/2040(1) | 6,700,000 | 6,691,424 | ||||||
York County Economic Development Authority | ||||||||
1.90%, 05/01/2033(1) | 600,000 | 613,950 | ||||||
|
| |||||||
Total Virginia | 94,011,661 | |||||||
|
|
Washington – 3.05% | ||||||||
Adams County Public Hospital District No 2 | ||||||||
5.13%, 12/01/2044 | 1,000,000 | 1,094,270 | ||||||
Auburn School District No 408 of King & Pierce Counties | ||||||||
5.00%, 12/01/2033 | 2,000,000 | 2,479,900 | ||||||
Central Puget Sound Regional Transit Authority | ||||||||
5.00%, 11/01/2035 | 960,000 | 1,133,597 | ||||||
City of Kent WA | ||||||||
5.00%, 12/01/2027 | 695,000 | 844,536 | ||||||
City of Seattle WA Municipal Light & Power Revenue | ||||||||
4.00%, 01/01/2032 | 3,385,000 | 3,911,808 | ||||||
5.20% (SIFMA Municipal Swap Index Yield + 0.49%), 11/01/2046(2) | 5,000,000 | 5,046,200 | ||||||
City of Tacoma WA Electric System Revenue | ||||||||
5.00%, 01/01/2039 | 675,000 | 805,585 | ||||||
City of Tacoma WA Solid Waste Utility Revenue | ||||||||
5.00%, 12/01/2031 | 460,000 | 549,654 | ||||||
Clark County Public Utility District No 1 | ||||||||
5.00%, 01/01/2022 | 425,000 | 453,063 | ||||||
5.00%, 01/01/2023 | 375,000 | 413,168 | ||||||
5.00%, 01/01/2023 | 750,000 | 826,335 | ||||||
5.00%, 01/01/2024 | 395,000 | 449,178 | ||||||
East Pierce Fire & Rescue | ||||||||
5.00%, 12/01/2029 | 635,000 | 812,051 | ||||||
5.00%, 12/01/2031 | 925,000 | 1,175,675 | ||||||
Energy Northwest | ||||||||
4.00%, 07/01/2044 | 8,000,000 | 8,257,600 | ||||||
King & Snohomish Counties School District No 417 Northshore | ||||||||
4.00%, 12/01/2033 | 5,500,000 | 6,031,135 | ||||||
King County Housing Authority | ||||||||
4.00%, 11/01/2031 | 1,640,000 | 1,935,676 | ||||||
4.00%, 11/01/2032 | 1,705,000 | 2,006,990 | ||||||
5.00%, 11/01/2027 | 1,000,000 | 1,240,880 | ||||||
5.00%, 11/01/2028 | 1,430,000 | 1,811,381 | ||||||
5.00%, 11/01/2029 | 750,000 | 964,500 | ||||||
King County Public Hospital District No 1 | ||||||||
5.00%, 12/01/2032 | 4,500,000 | 5,372,865 | ||||||
King County School District No 414 Lake Washington | ||||||||
5.00%, 12/01/2035 | 1,600,000 | 1,994,288 | ||||||
5.00%, 12/01/2036 | 3,205,000 | 3,983,879 | ||||||
5.00%, 12/01/2037 | 1,425,000 | 1,765,432 | ||||||
5.00%, 12/01/2038 | 865,000 | 1,068,699 | ||||||
Pierce County School District No 10 Tacoma | ||||||||
5.00%, 12/01/2034 | 2,800,000 | 3,224,536 | ||||||
Port of Seattle WA | ||||||||
5.00%, 07/01/2024 | 595,000 | 657,665 | ||||||
5.00%, 04/01/2029 | 5,050,000 | 6,211,399 | ||||||
5.00%, 04/01/2034 | 1,000,000 | 1,127,140 | ||||||
5.00%, 04/01/2036 | 3,000,000 | 3,570,780 | ||||||
5.00%, 01/01/2037 | 3,500,000 | 4,210,920 | ||||||
Skagit County Public Hospital District No 1 | ||||||||
5.00%, 12/01/2020 | 1,750,000 | 1,786,050 | ||||||
Snohomish County Housing Authority | ||||||||
5.00%, 04/01/2031 | 1,135,000 | 1,392,146 |
State of Washington | ||||||||
5.00%, 09/01/2021 | 2,670,000 | 2,814,500 | ||||||
5.00%, 08/01/2027 | 235,000 | 286,458 | ||||||
5.00%, 08/01/2027 | 550,000 | 652,872 | ||||||
5.00%, 08/01/2028 | 235,000 | 285,821 | ||||||
5.00%, 08/01/2030 | 235,000 | 284,869 | ||||||
5.00%, 08/01/2032 | 1,505,000 | 1,901,929 | ||||||
5.00%, 08/01/2033 | 4,335,000 | 5,464,831 | ||||||
5.00%, 06/01/2034 | 660,000 | 826,201 | ||||||
5.00%, 02/01/2036 | 1,800,000 | 2,167,902 | ||||||
5.00%, 07/01/2036 | 1,505,000 | 1,866,862 | ||||||
5.00%, 02/01/2037 | 2,725,000 | 3,481,079 | ||||||
5.00%, 06/01/2044 | 830,000 | 1,038,396 | ||||||
Thurston & Pierce Counties Community Schools | ||||||||
5.00%, 12/01/2029 | 675,000 | 866,356 | ||||||
5.00%, 12/01/2031 | 1,100,000 | 1,398,100 | ||||||
Tobacco Settlement Authority | ||||||||
5.00%, 06/01/2023 | 500,000 | 534,445 | ||||||
5.00%, 06/01/2024 | 1,000,000 | 1,067,560 | ||||||
Washington Health Care Facilities Authority | ||||||||
5.00%, 08/15/2022 | 1,200,000 | 1,306,032 | ||||||
5.00%, 08/15/2023 | 650,000 | 730,483 | ||||||
5.00%, 10/01/2024 | 465,000 | 500,614 | ||||||
5.00%, 07/01/2025 | 360,000 | 425,372 | ||||||
5.00%, 08/01/2028 | 1,005,000 | 1,195,216 | ||||||
5.00%, 07/01/2029 | 115,000 | 142,699 | ||||||
5.00%, 07/01/2030 | 410,000 | 507,022 | ||||||
5.00%, 08/01/2030 | 3,500,000 | 4,014,430 | ||||||
5.00%, 08/15/2030 | 1,000,000 | 1,192,540 | ||||||
5.00%, 08/15/2031 | 845,000 | 1,004,342 | ||||||
5.00%, 08/15/2032 | 385,000 | 455,771 | ||||||
5.00%, 07/01/2034 | 105,000 | 127,843 | ||||||
5.00%, 10/01/2038 | 11,320,000 | 12,999,775 | ||||||
5.00%, 07/01/2042 | 2,060,000 | 2,434,879 | ||||||
5.00%, 08/01/2049(1) | 10,480,000 | 12,035,546 | ||||||
5.76% (SIFMA Municipal Swap Index Yield + 1.05%), 01/01/2042(2) | 5,000,000 | 5,105,100 | ||||||
Washington Higher Education Facilities Authority | ||||||||
5.00%, 10/01/2029 | 1,855,000 | 2,085,131 | ||||||
5.00%, 10/01/2033 | 735,000 | 814,035 | ||||||
Washington State Housing Finance Commission | ||||||||
1.55%, 07/01/2022(1) | 10,000,000 | 10,054,600 | ||||||
2.38%, 01/01/2026(3) | 600,000 | 535,476 | ||||||
4.00%, 07/01/2026(3) | 1,155,000 | 1,127,476 | ||||||
5.00%, 01/01/2024(3) | 180,000 | 183,557 | ||||||
5.00%, 01/01/2025(3) | 375,000 | 383,393 | ||||||
5.00%, 01/01/2026(3) | 300,000 | 307,197 | ||||||
5.00%, 07/01/2031(3) | 1,000,000 | 1,011,690 | ||||||
5.00%, 07/01/2053(3) | 400,000 | 350,916 | ||||||
5.00%, 01/01/2055(3) | 775,000 | 730,003 | ||||||
5.26% (SIFMA Municipal Swap Index Yield + 0.55%), 12/01/2048(2) | 10,000,000 | 9,996,700 | ||||||
Washington State University | ||||||||
5.00%, 04/01/2029 | 1,285,000 | 1,460,351 | ||||||
Yakima County School District No 208 West Valley | ||||||||
5.00%, 12/01/2030 | 1,000,000 | 1,279,280 | ||||||
|
| |||||||
Total Washington | 178,044,631 | |||||||
|
|
West Virginia – 0.21% | ||||||||
Monongalia County Commission Special District | ||||||||
5.50%, 06/01/2037(3) | 200,000 | 203,536 | ||||||
5.75%, 06/01/2043(3) | 200,000 | 204,096 | ||||||
Ohio County Board of Education | ||||||||
3.00%, 06/01/2028 | 2,150,000 | 2,359,776 | ||||||
State of West Virginia | ||||||||
5.00%, 12/01/2036 | 2,910,000 | 3,617,188 | ||||||
West Virginia Economic Development Authority | ||||||||
1.70%, 01/01/2041(1) | 1,515,000 | 1,510,637 | ||||||
5.38%, 12/01/2038 | 885,000 | 897,302 | ||||||
West Virginia Hospital Finance Authority | ||||||||
5.00%, 01/01/2031 | 620,000 | 758,669 | ||||||
West Virginia State School Building Authority Lottery Revenue | ||||||||
5.00%, 07/01/2022 | 695,000 | 753,519 | ||||||
5.00%, 07/01/2024 | 500,000 | 576,605 | ||||||
5.00%, 07/01/2032 | 940,000 | 1,119,831 | ||||||
|
| |||||||
Total West Virginia | 12,001,159 | |||||||
|
| |||||||
Wisconsin – 1.84% | ||||||||
Milwaukee Redevelopment Authority | ||||||||
5.00%, 11/15/2031 | 570,000 | 677,981 | ||||||
5.00%, 11/15/2032 | 500,000 | 593,350 | ||||||
Public Finance Authority | ||||||||
1.12%, 10/01/2025(1) | 900,000 | 899,316 | ||||||
3.00%, 04/01/2025(3) | 425,000 | 410,410 | ||||||
4.00%, 08/01/2035(5) | 5,250,000 | 4,666,305 | ||||||
4.13%, 05/01/2026(3) | 775,000 | 739,792 | ||||||
5.00%, 05/15/2021(3) | 185,000 | 187,281 | ||||||
5.00%, 12/01/2025 | 1,000,000 | 1,014,210 | ||||||
5.00%, 05/15/2028(3) | 200,000 | 209,372 | ||||||
5.00%, 05/01/2029(3) | 2,330,000 | 2,340,508 | ||||||
5.00%, 06/15/2034 | 500,000 | 570,070 | ||||||
5.00%, 07/01/2035 | 5,000,000 | 6,102,000 | ||||||
5.00%, 06/15/2037(3) | 1,130,000 | 1,074,811 | ||||||
5.00%, 07/01/2037 | 825,000 | 877,000 | ||||||
5.00%, 06/15/2039(3) | 410,000 | 401,546 | ||||||
5.00%, 06/15/2039 | 500,000 | 559,450 | ||||||
5.00%, 04/01/2040(3) | 400,000 | 400,936 | ||||||
5.00%, 01/01/2042 | 600,000 | 630,846 | ||||||
5.00%, 10/01/2043(3) | 170,000 | 169,534 | ||||||
5.00%, 10/01/2044 | 2,015,000 | 2,432,730 | ||||||
5.00%, 10/01/2048(3) | 705,000 | 696,554 | ||||||
5.00%, 06/15/2049(3) | 420,000 | 398,370 | ||||||
5.00%, 06/15/2049(3) | 750,000 | 671,768 | ||||||
5.00%, 06/15/2049 | 1,100,000 | 1,212,717 | ||||||
5.00%, 04/01/2050(3) | 550,000 | 536,646 | ||||||
5.00%, 10/01/2053(3) | 1,175,000 | 1,150,677 | ||||||
5.00%, 06/15/2054(3) | 455,000 | 423,368 | ||||||
5.00%, 05/01/2055(3) | 2,000,000 | 1,747,740 | ||||||
5.20%, 06/01/2037 | 500,000 | 448,825 | ||||||
5.25%, 05/15/2037(3) | 500,000 | 517,980 | ||||||
5.25%, 05/15/2042(3) | 60,000 | 61,609 | ||||||
5.25%, 10/01/2043 | 2,105,000 | 2,302,281 |
5.25%, 05/15/2047(3) | 60,000 | 61,354 | ||||||
5.25%, 10/01/2048 | 2,105,000 | 2,287,861 | ||||||
5.25%, 05/15/2052(3) | 115,000 | 117,249 | ||||||
5.30%, 06/01/2047 | 500,000 | 437,360 | ||||||
State of Wisconsin | ||||||||
5.00%, 05/01/2023 | 2,000,000 | 2,233,540 | ||||||
5.00%, 05/01/2023 | 4,000,000 | 4,467,080 | ||||||
5.00%, 05/01/2024 | 7,470,000 | 8,613,956 | ||||||
5.00%, 05/01/2025 | 5,335,000 | 6,275,774 | ||||||
5.00%, 05/01/2034 | 2,400,000 | 2,837,856 | ||||||
Tender Option Bond Trust Receipts/Certificates | ||||||||
4.86%, 01/01/2026(1)(3) | 9,020,000 | 9,020,000 | ||||||
Village of Mukwonago WI Waterworks System & Sewer System Revenue | ||||||||
3.38%, 06/01/2021 | 3,190,000 | 3,200,527 | ||||||
Wisconsin Health & Educational Facilities Authority | ||||||||
2.55%, 11/01/2027 | 390,000 | 365,017 | ||||||
2.83%, 11/01/2028 | 605,000 | 569,359 | ||||||
4.00%, 02/15/2025 | 270,000 | 304,287 | ||||||
4.00%, 02/15/2026 | 510,000 | 581,186 | ||||||
4.00%, 02/15/2031 | 460,000 | 524,207 | ||||||
4.00%, 02/15/2033 | 550,000 | 626,769 | ||||||
5.00%, 05/01/2022 | 550,000 | 586,663 | ||||||
5.00%, 10/01/2022 | 330,000 | 355,585 | ||||||
5.00%, 12/01/2022 | 560,000 | 611,794 | ||||||
5.00%, 11/01/2024 | 155,000 | 159,267 | ||||||
5.00%, 04/01/2025 | 2,000,000 | 2,346,360 | ||||||
5.00%, 04/01/2026 | 1,000,000 | 1,201,040 | ||||||
5.00%, 02/15/2027 | 300,000 | 357,213 | ||||||
5.00%, 04/01/2027 | 1,700,000 | 2,088,722 | ||||||
5.00%, 10/01/2027 | 580,000 | 695,745 | ||||||
5.00%, 11/01/2027 | 100,000 | 103,048 | ||||||
5.00%, 04/01/2028 | 900,000 | 1,129,122 | ||||||
5.00%, 10/01/2028 | 700,000 | 851,193 | ||||||
5.00%, 11/01/2029 | 760,000 | 780,345 | ||||||
5.00%, 04/01/2030 | 1,670,000 | 2,110,112 | ||||||
5.00%, 12/15/2033 | 1,450,000 | 1,828,232 | ||||||
5.00%, 09/01/2036 | 335,000 | 382,624 | ||||||
5.00%, 09/15/2037 | 650,000 | 651,319 | ||||||
5.00%, 09/15/2050 | 645,000 | 622,502 | ||||||
5.00%, 08/15/2054(1) | 1,260,000 | 1,345,063 | ||||||
5.36% (SIFMA Municipal Swap Index Yield + 0.65%), 08/15/2054(2) | 4,000,000 | 4,040,840 | ||||||
Wisconsin Housing & Economic Development Authority | ||||||||
1.55%, 11/01/2038(1) | 1,750,000 | 1,751,732 | ||||||
1.60%, 11/01/2048(1) | 6,000,000 | 5,993,340 | ||||||
|
| |||||||
Total Wisconsin | 107,641,226 | |||||||
|
| |||||||
Total Municipal Bonds (Cost: $5,527,880,492) | 5,582,994,539 | |||||||
|
| |||||||
Shares | Value | |||||||
SHORT-TERM INVESTMENTS – 4.18% | ||||||||
Money Market Funds – 4.15% | ||||||||
Fidelity Institutional Money Market Government Fund - Class I, 0.34%(6) | 242,503,431 | 242,503,431 | ||||||
|
| |||||||
Total Money Market Funds (Cost: $242,503,431) | 242,503,431 | |||||||
|
|
Principal Amount | Value | |||||||
Time Deposits – 0.03% | ||||||||
ANZ, London, 0.15% due 04/01/2020 | $ | 1,774,250 | 1,774,250 | |||||
|
| |||||||
Total Time Deposits (Cost: $1,774,250) | 1,774,250 | |||||||
|
| |||||||
Total Short-Term Investments (Cost: $244,277,681) | 244,277,681 | |||||||
|
| |||||||
TOTAL INVESTMENTS IN SECURITIES – 99.82% | 5,827,272,220 | |||||||
|
| |||||||
OTHER ASSETS IN EXCESS OF LIABILITIES – 0.18% | 10,365,093 | |||||||
|
| |||||||
TOTAL NET ASSETS – 100.00% | $ | 5,837,637,313 | ||||||
|
|
Percentages are stated as a percent of net assets.
(1) | Variable rate security based on a reference index and spread. The rate reported is the rate in effect as of March 31, 2020. |
(2) | Adjustable rate security. The rate reported is the rate in effect as of March 31, 2020. |
(3) | Security was purchased exempt from registration in the U.S. pursuant to Rule 144(A) under the Securities Act of 1933. The value of these securities totals $144,591,829, which represents 2.48% of total net assets. |
(4) | Security in default as of March 31, 2020. The value of these securities totals $15,117,475, which represents 0.26% of total net assets. |
(5) | Security that is restricted at March 31, 2020. The value of the restricted security totals $7,594,347, which represents 0.13% of total net assets. |
(6) | Represents annualized seven-day yield as of the close of the reporting period. |
The accompanying notes are an integral part of this Schedule of Investments.
MUNICIPAL BONDS | % of Net Assets | |||
Education | 8.34 | % | ||
General Obligation | 16.13 | % | ||
General Revenue | 26.49 | % | ||
Healthcare | 16.59 | % | ||
Housing | 4.84 | % | ||
Transportation | 14.95 | % | ||
Utilities | 8.30 | % | ||
|
| |||
Total Municipal Bonds | 95.64 | % | ||
|
| |||
SHORT-TERM INVESTMENTS | 4.18 | % | ||
|
| |||
TOTAL INVESTMENTS | 99.82 | % | ||
Other Assets In Excess Of Liabilities | 0.18 | % | ||
|
| |||
TOTAL NET ASSETS | 100 | % | ||
|
|
1. INVESTMENT VALUATION AND FAIR VALUE MEASUREMENTS
a) Investment Valuation Policies – The Net Asset Value (“NAV”) of the Funds’ shares are generally valued as of the close of the regular trading on the New York Stock Exchange (“NYSE”), normally 4:00 p.m. Eastern time, on each day the NYSE is open. The NAV per share of each Fund is computed by dividing the total net assets of the Fund by the total number of shares outstanding. For purposes of calculating the NAV, portfolio securities and derivative instruments are valued using valuation methods adopted by the Trust’s Board of Trustees (the “Board”).
The Board has delegated responsibility for applying approved valuation policies to the Adviser. The Adviser monitors the continual appropriateness of valuation methods applied and determines if adjustments should be made in light of market factor changes and events affecting issuers. The Adviser performs a series of activities to provide reasonable assurance of the accuracy of the prices utilized including: periodic vendor due diligence meetings and reviewing the results of back testing on a monthly basis. The Adviser provides the Board with reporting on the results of the back testing as well as positions which were fair valued during the period.
The Board has approved a Valuation Committee whose function is to monitor the valuation of portfolio securities and derivative instruments and determine in good faith the fair value of the Funds’ holdings after considering all relevant factors. The Valuation Committee is generally responsible for overseeing theday-to-day valuation processes and is authorized to make all necessary determinations to fair value the portfolio securities and other assets for which market quotations are not readily available or if it is deemed that the prices obtained from brokers, dealers or independent pricing services are unreliable.
Additionally, the Board has adopted valuation procedures that allow for the use of fair value pricing in appropriate circumstances. For example, such circumstances may arise when trading in a security has been halted or suspended, when a security has been delisted from a national exchange, when a security has not been traded for an extended period of time, or when a significant event with respect to a security occurs after the close of the market or exchange on which the security principally trades and before the time a Fund calculates its own share price. If there is no price, or in the Adviser’s determination the price provided for a security by an independent pricing agent or broker does not represent fair value, then the security will be fair valued in accordance with procedures adopted by the Board. Thinly traded securities and certain foreign securities may be impacted more by the use of fair valuations than other securities. In using fair value pricing, a Fund attempts to establish the price that it might reasonably have expected to receive upon a sale of the security at 4:00 p.m. Eastern time. Valuing securities at fair value involves greater reliance on judgment than valuation of securities based on readily available market quotations. When using fair value to price securities, a Fund may value those securities higher or lower than another fund using market quotations or fair value to price the same securities. Further, there can be no assurance that the Fund could obtain the fair value assigned to a security if it were to sell the security at approximately the same time at which the Fund determines its net asset value.
b) Fair Value Hierarchy – The Funds have performed an analysis of all existing investments to determine the significance and character of all inputs to their fair value determination. Various inputs are used in determining the value of each Fund’s investments. These inputs are summarized in the following three broad categories:
• | Level 1 – Inputs using unadjusted quoted prices in active markets or exchanges for identical assets and liabilities. |
• | Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability. Other significant observable market inputs include, but are not limited to, quoted prices for similar instruments in active markets, quoted adjusted prices in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-derived valuations in which the majority of significant inputs and significant value drivers are observable in active markets. |
• | Level 3 – Significant unobservable inputs (including the Fund’s own assumptions). |
c) Valuation Techniques – Fixed-income securities, including corporate, convertible and municipal bonds and notes, U.S. government agencies, U.S. Treasury obligations, sovereign issues, bank loans, convertible preferred securities andnon-U.S. bonds (other than short-term securities) are valued using that day’s bid price provided by an independent pricing service. Fixed-income securities are normally valued on the basis of quotes obtained from independent pricing services in accordance with procedures adopted by the Board. Independent pricing services typically use information provided by market makers or estimates of market values obtained from yields and other relevant data relating to investments or securities with similar characteristics. The independent pricing service’s internal models use inputs that are observable such as, among other things, issuer details, interest rates, yield curves, prepayment speeds, trade information, market color, credit risks/spreads, default rates and quoted prices for similar assets and the securities’ terms and conditions. Securities that use similar valuation techniques and inputs as described above are generally categorized as Level 2 of the fair value hierarchy.
Mortgage- and asset-backed securities are usually issued as separate tranches, or classes, of securities within each package of underlying securities. These securities are also normally valued by pricing service providers that use broker-dealer quotations or valuation estimates from their internal pricing models. The pricing models for these securities usually consider tranche level attributes, estimated cash flows and market-based yield spreads for each tranche and current market data and packaged collateral performance, as available. Mortgage- and asset-backed securities that use such valuation techniques and inputs are typically categorized as Level 2.
Short-term securities without a vendor price and with 60 days or less remaining to maturity when acquired by a Fund are generally valued on an amortized cost basis, which approximates fair value. These securities are typically categorized as Level 2 in the fair value hierarchy.
Equity securities traded on a national securities exchange are valued at the last reported sale price at the close of regular trading on each day the exchange is open for trading. Securities listed on the NASDAQ National Market System for which market quotations are readily available are valued using the NASDAQ Official Closing Price. These valuations are typically categorized as Level 1 in the fair value hierarchy. Securities traded on an exchange for which there have been no sales are valued at the mean between the last bid and ask price on such day. Securities and financial instruments for which prices are not available from an independent pricing service may be valued using market quotations obtained from one or more dealers that make markets in the respective securities in accordance with procedures adopted by the Board and are classified as Level 2 or Level 3 depending on the observability of inputs.
Foreign securities, currencies and other assets denominated in currencies other than U.S. dollars are translated to U.S. dollars using exchange rates obtained from independent pricing services. All assets denominated in foreign currencies are converted to U.S. dollars using the applicable currency exchange rates as of the close of the NYSE, generally 4:00 p.m. Eastern time.
Valuation adjustments may be applied to certain common and preferred stocks that are solely traded on a foreign exchange to account for the market movement between the close of the foreign market and the close of the NYSE. These securities are generally valued using pricing service providers that consider the correlation of the trading patterns of the foreign securities to the intraday trading in the U.S. markets for investments. Securities using these valuation adjustments are categorized as Level 2 of the fair value hierarchy.
Open-ended mutual funds (including money market funds) are valued at the end of the day’s net asset value and are categorized as Level 1 of the fair value hierarchy.
Exchange traded financial derivative instruments, such as futures contracts or options contracts that are traded on a national securities or commodities exchange, are valued at the last reported sales or settlement price. To the extent these securities are actively traded and valuation adjustments are not applied, they are categorized as Level 1 of the fair value hierarchy. If there was no sale activity, the financial derivative is valued at the mean between the highest bid and lowest ask price on the relevant exchange closest to the close of the NYSE and are categorized as Level 2.
OTC derivatives, including forward foreign currency exchange contracts and swap contracts, are valued by the Funds on a daily basis using observable inputs, such as quotations provided by an independent pricing service, the counterparty, dealers or brokers, whenever available and considered reliable. These securities are typically categorized as Level 2 of the fair value hierarchy.
The U.S. dollar value of forward foreign currency exchange contracts is determined using current forward currency exchange rates supplied by an independent pricing service.
Centrally cleared credit default and interest rate swap contracts are valued daily based on quotations as provided by an independent pricing service. The independent pricing services aggregate valuation information from various market participants to create a single reference value for each credit default swap contract and interest rate swap contract. These securities are typically categorized as Level 2 of the fair value hierarchy.
The Funds value the repurchase agreements they have entered based on the respective contract amounts, which approximate fair value. As such, repurchase agreements are carried at the amount of cash paid plus accrued interest receivable (or interest payable in periods of increased demand for collateral). These securities are typically categorized as Level 2 of the fair value hierarchy.
Bridge Builder Municipal Bond Fund
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Assets | ||||||||||||||||
Municipal Bonds | ||||||||||||||||
Education | $ | — | $ | 486,873,616 | $ | — | $ | 486,873,616 | ||||||||
General Obligation | — | 941,721,418 | — | 941,721,418 | ||||||||||||
General Revenue | — | 1,546,601,757 | — | 1,546,601,757 | ||||||||||||
Healthcare | — | 968,519,697 | — | 968,519,697 | ||||||||||||
Housing | — | 282,320,173 | — | 282,320,173 | ||||||||||||
Transportation | — | 872,427,972 | — | 872,427,972 | ||||||||||||
Utilities | — | 484,529,906 | — | 484,529,906 | ||||||||||||
Short-Term Investments | ||||||||||||||||
Money Market Funds | 242,503,431 | — | — | 242,503,431 | ||||||||||||
Time Deposits | — | 1,774,250 | — | 1,774,250 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Assets | $ | 242,503,431 | $ | 5,584,768,789 | $ | — | $ | 5,827,272,220 | ||||||||
|
|
|
|
|
|
|
|