| MUNICIPAL BONDS & NOTES - 106.2% | | Interest
Rate | | Maturity
Date | | Principal
Amount | | | Value | |
| New York - 105.7% | | | | | | | | | | | | | | |
| Buffalo & Erie County Industrial Land Development Corp., Call 07/01/25(d) | | | 5.00 | % | | 07/01/40 | | $ | 15,000 | | | $ | 14,790 | |
| Buffalo & Erie County Industrial Land Development Corp., Call 08/01/27(d) | | | 5.00 | % | | 08/01/52 | | | 25,000 | | | | 24,998 | |
| Build NYC Resource Corp., Call 08/01/27(c)(d) | | | 3.63 | % | | 08/01/42 | | | 65,000 | | | | 54,757 | |
| City of New York, GO, Call 10/31/24, Put 10/31/24(a)(d) | | | 3.65 | % | | 09/01/49 | | | 120,000 | | | | 120,000 | |
| Dobbs Ferry Local Development Corp., Call 12/02/24(d) | | | 5.00 | % | | 07/01/39 | | | 100,000 | | | | 100,016 | |
| Dutchess County Local Development Corp., Call 07/01/26 | | | 5.00 | % | | 07/01/32 | | | 145,000 | | | | 147,595 | |
| Erie Tobacco Asset Securitization Corp., Call 12/02/24(c) | | | 5.00 | % | | 06/01/45 | | | 100,000 | | | | 91,596 | |
| Hempstead Town Local Development Corp., Call 12/02/24 | | | 5.00 | % | | 10/01/35 | | | 25,000 | | | | 25,027 | |
| Hempstead Town Local Development Corp., Call 12/02/24(d) | | | 5.00 | % | | 07/01/44 | | | 100,000 | | | | 100,156 | |
| Hempstead Town Local Development Corp., Call 12/02/24(d) | | | 5.00 | % | | 09/01/43 | | | 85,000 | | | | 85,027 | |
| Metropolitan Transportation Authority, Call 11/15/24 | | | 5.00 | % | | 11/15/33 | | | 15,000 | | | | 15,008 | |
| Monroe County Industrial Development Corp., Call 07/01/34(d)(e) | | | 5.00 | % | | 07/01/54 | | | 125,000 | | | | 126,007 | |
| MTA Hudson Rail Yards Trust Obligations, Call 11/21/24 | | | 5.00 | % | | 11/15/51 | | | 60,000 | | | | 60,006 | |
| MTA Hudson Rail Yards Trust Obligations, Call 11/21/24 | | | 5.00 | % | | 11/15/56 | | | 265,000 | | | | 265,020 | |
| Nassau County Tobacco Settlement Corp., Call 11/18/24(c)(d) | | | 5.13 | % | | 06/01/46 | | | 100,000 | | | | 89,416 | |
| New York City Housing Development Corp., Call 08/01/32 | | | 4.50 | % | | 08/01/54 | | | 120,000 | | | | 119,281 | |
| New York City Municipal Water Finance Authority, Call 10/31/24(a) | | | 3.70 | % | | 06/15/43 | | | 120,000 | | | | 120,000 | |
| New York Counties Tobacco Trust VI, Call 06/01/26(c) | | | 3.75 | % | | 06/01/45 | | | 140,000 | | | | 110,764 | |
| New York State Dormitory Authority, Call 02/15/25 | | | 5.00 | % | | 02/15/33 | | | 40,000 | | | | 40,151 | |
| New York State Thruway Authority, Call 01/01/25 | | | 5.00 | % | | 01/01/31 | | | 35,000 | | | | 35,087 | |
| New York Transportation Development Corp., AGC, Call 12/31/34 | | | 5.25 | % | | 12/31/54 | | | 75,000 | | | | 79,111 | |
| New York Transportation Development Corp., AGC, Call 12/31/44(b)(c)(d) | | | 0.00 | % | | 12/31/54 | | | 200,000 | | | | 128,678 | |
| New York Transportation Development Corp., AGM, Call 12/02/24(d) | | | 5.00 | % | | 07/01/46 | | | 50,000 | | | | 49,989 | |
| New York Transportation Development Corp., AGM, Call 12/02/24(d) | | | 4.00 | % | | 07/01/31 | | | 120,000 | | | | 119,242 | |
| New York Transportation Development Corp., Call 06/30/33(d) | | | 5.50 | % | | 06/30/54 | | | 50,000 | | | | 52,894 | |
| New York Transportation Development Corp., Call 10/01/30(c)(d) | | | 4.38 | % | | 10/01/45 | | | 50,000 | | | | 47,849 | |
| New York Transportation Development Corp., Call 12/02/24(d) | | | 5.25 | % | | 01/01/50 | | | 20,000 | | | | 19,999 | |
| Oneida County Local Development Corp., Call 07/01/29(c)(d) | | | 3.00 | % | | 07/01/44 | | | 25,000 | | | | 16,748 | |
| Onondaga Civic Development Corp., Call 07/01/25(d) | | | 5.00 | % | | 07/01/45 | | | 40,000 | | | | 40,058 | |
| Port Authority of New York & New Jersey, Call 09/01/34 | | | 5.00 | % | | 09/01/44 | | | 100,000 | | | | 105,843 | |
| Triborough Bridge & Tunnel Authority, Call 11/15/34(c)(d) | | | 4.00 | % | | 11/15/54 | | | 250,000 | | | | 240,325 | |
| | | | | | | | | | | | | | 2,645,438 | |
| Puerto Rico - 0.5% | | | | | | | | | | | | | | |
| Puerto Rico Sales Tax Financing Corp., Call 07/01/28(c)(d) | | | 4.54 | % | | 07/01/53 | | | 12,000 | | | | 11,520 | |
| | | | | | | | | | | | | | | |
| TOTAL MUNICIPAL BONDS & NOTES (Cost $2,655,379) | | | | | | | | | | | | | 2,656,958 | |
| | | | | | | | | | | | | | | |
| TOTAL INVESTMENTS - 106.2% (Cost $2,655,379) | | | | | | | | | | | | $ | 2,656,958 | |
| Assets in Excess of Other Liabilities (6.2)% | | | | | | | | | | | | | (155,812 | ) |
| TOTAL NET ASSETS - 100.0% | | | | | | | | | | | | $ | 2,501,146 | |
Percentages are stated as a percent of net assets.
