UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT
OF
REGISTERED MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number: 811-02687
Name of Registrant: | | Vanguard Municipal Bond Funds |
Address of Registrant: | | P.O. Box 2600 |
| | Valley Forge, PA 19482 |
| | |
Name and address of agent for service: | | Anne E. Robinson, Esquire |
| | P.O. Box 876 |
| | Valley Forge, PA 19482 |
Registrant’s telephone number, including area code: (610) 669-1000
Date of fiscal year end: October 31
Date of reporting period: November 1, 2018—October 31, 2019
Item 1: Reports to Shareholders
Annual Report | October 31, 2019 Vanguard Municipal Money Market Fund |
See the inside front cover for important information about access to your fund’s annual and semiannual shareholder reports. |
Important information about access to shareholder reports
Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of your fund’s annual and semiannual shareholder reports will no longer be sent to you by mail, unless you specifically request them. Instead, you will be notified by mail each time a report is posted on the website and will be provided with a link to access the report.
If you have already elected to receive shareholder reports electronically, you will not be affected by this change and do not need to take any action. You may elect to receive shareholder reports and other communications from the fund electronically by contacting your financial intermediary (such as a broker-dealer or bank) or, if you invest directly with the fund, by calling Vanguard at one of the phone numbers on the back cover of this report or by logging on to vanguard.com.
You may elect to receive paper copies of all future shareholder reports free of charge. If you invest through a financial intermediary, you can contact the intermediary to request that you continue to receive paper copies. If you invest directly with the fund, you can call Vanguard at one of the phone numbers on the back cover of this report or log on to vanguard.com. Your election to receive paper copies will apply to all the funds you hold through an intermediary or directly with Vanguard.
Contents | |
| |
A Note From Our Chairman | 1 |
About Your Fund’s Expenses | 2 |
Financial Statements | 5 |
Please note: The opinions expressed in this report are just that—informed opinions. They should not be considered promises or advice. Also, please keep in mind that the information and opinions cover the period through the date on the front of this report. Of course, the risks of investing in your fund are spelled out in the prospectus.
A Note From Our Chairman
Tim Buckley
Chairman and Chief Executive Officer
Dear Shareholder,
Recent volatility in financial markets—affecting stocks, bonds, and commodities—has been a good reminder of the wise old adage, “Never keep all your eggs in one basket.” Maintaining balance and diversification in your investment portfolio can help to both limit risk and set you up for long-term success.
It’s understandable why some investors might become complacent after a long market run-up like the one that lifted stock prices, especially U.S. stock prices, in the years following the global financial crisis. But failing to rebalance regularly can leave a portfolio with a much different mix of assets than intended and, often, more risk than intended.
Balance across and diversification within asset classes are powerful tools for managing risk and achieving your investment goals. A portfolio’s allocation will determine a large portion of its long-term return and also the majority of its volatility risk. A well-diversified portfolio is less vulnerable to significant swings in the performance of any one segment of the asset classes in which it invests.
Balance and diversification will never eliminate the risk of loss, nor will they guarantee positive returns in a declining market. But they should reduce the chance that you’ll suffer disproportionate losses in one particular high-flying asset class or sector when it comes back to earth. And exposure to all key market components should give you at least some participation in the sectors that are performing best at any given time.
Vanguard is committed to helping you achieve balance and diversification in your portfolios to help meet your investment goals. We thank you for your continued loyalty.
Sincerely,
Mortimer J. Buckley
Chairman and Chief Executive Officer
November 18, 2019
1
About Your Fund’s Expenses
As a shareholder of the fund, you incur ongoing costs, which include costs for portfolio management, administrative services, and shareholder reports (like this one), among others. Operating expenses, which are deducted from a fund’s gross income, directly reduce the investment return of the fund.
A fund’s expenses are expressed as a percentage of its average net assets. This figure is known as the expense ratio. The following examples are intended to help you understand the ongoing costs (in dollars) of investing in your fund and to compare these costs with those of other mutual funds. The examples are based on an investment of $1,000 made at the beginning of the period shown and held for the entire period.
The accompanying table illustrates your fund’s costs in two ways:
· Based on actual fund return. This section helps you to estimate the actual expenses that you paid over the period. The “Ending Account Value” shown is derived from the fund’s actual return, and the third column shows the dollar amount that would have been paid by an investor who started with $1,000 in the fund. You may use the information here, together with the amount you invested, to estimate the expenses that you paid over the period.
To do so, simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number given for your fund under the heading “Expenses Paid During Period.”
· Based on hypothetical 5% yearly return. This section is intended to help you compare your fund’s costs with those of other mutual funds. It assumes that the fund had a yearly return of 5% before expenses, but that the expense ratio is unchanged. In this case—because the return used is not the fund’s actual return—the results do not apply to your investment. The example is useful in making comparisons because the Securities and Exchange Commission requires all mutual funds to calculate expenses based on a 5% return. You can assess your fund’s costs by comparing this hypothetical example with the hypothetical examples that appear in shareholder reports of other funds.
Note that the expenses shown in the table are meant to highlight and help you compare ongoing costs only and do not reflect transaction costs incurred by the fund for buying and selling securities. Further, the expenses do not include any purchase, redemption, or account service fees described in the fund prospectus. If such fees were applied to your account, your costs would be higher. Your fund does not carry a “sales load.”
The calculations assume no shares were bought or sold during the period. Your actual costs may have been higher or lower, depending on the amount of your investment and the timing of any purchases or redemptions.
You can find more information about the fund’s expenses, including annual expense ratios, in the Financial Statements section of this report. For additional information on operating expenses and other shareholder costs, please refer to your fund’s current prospectus.
2
Six Months Ended October 31, 2019 | | | | | | |
| | Beginning
Account Value | | Ending
Account Value | | Expenses
Paid During |
Municipal Money Market Fund | | 4/30/2019 | | 10/31/2019 | | Period |
Based on Actual Fund Return | | $1,000.00 | | $1,007.01 | | $0.76 |
Based on Hypothetical 5% Yearly Return | | 1,000.00 | | 1,024.45 | | 0.77 |
The calculations are based on expenses incurred in the most recent six-month period. The fund’s annualized six-month expense ratio for that period is 0.15%. The dollar amounts shown as “Expenses Paid” are equal to the annualized expense ratio multiplied by the average account value over the period, multiplied by the number of days in the most recent six-month period, then divided by the number of days in the most recent 12-month period (184/365).
3
Municipal Money Market Fund
Largest Area Concentrations
As of October 31, 2019
Texas | | 16.5 | % |
New York | | 7.7 | |
Illinois | | 4.1 | |
New Jersey | | 4.1 | |
Massachusetts | | 3.8 | |
Tennessee | | 3.8 | |
Florida | | 3.7 | |
South Carolina | | 3.4 | |
Michigan | | 3.2 | |
Wisconsin | | 3.2 | |
Top Ten | | 53.5 | % |
4
Municipal Money Market Fund
Financial Statements
Statement of Net Assets
As of October 31, 2019
The fund publishes its holdings on a monthly basis on Vanguard’s website and files them with the Securities and Exchange Commission (SEC) on Form N-MFP. The fund’s Form N-MFP filings may be viewed via a link on the “Portfolio Holdings” page at www.vanguard.com or on the SEC’s website at www.sec.gov.
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
Tax-Exempt Municipal Bonds (97.2%) | | | | | | | | |
Alabama (0.2%) | | | | | | | | |
1 | Alabama Federal Aid Highway Finance Authority Special Obligation Revenue TOB VRDO | 1.150% | 11/7/19 | | | 5,000 | | 5,000 | |
1 | Alabama Special Care Facilities Financing Authority Birmingham Revenue (Ascension Health Credit Group) TOB VRDO | 1.150% | 11/7/19 | | | 9,000 | | 9,000 | |
1 | UAB Medicine Finance Authority AL Revenue TOB VRDO | 1.160% | 11/7/19 | | | 12,485 | | 12,485 | |
| | | | | | | | 26,485 | |
Alaska (0.1%) | | | | | | | | |
1 | Alaska Housing Finance Corp. Home Mortgage Revenue TOB VRDO | 1.150% | 11/7/19 | | | 7,500 | | 7,500 | |
| Anchorage AK GO | 5.000% | 9/1/20 | | | 5,100 | | 5,256 | |
| | | | | | | | 12,756 | |
Arizona (1.1%) | | | | | | | | |
1 | Arizona Health Facilities Authority Revenue (Banner Health) TOB VRDO | 1.150% | 11/7/19 | | | 21,000 | | 21,000 | |
| Arizona Health Facilities Authority Revenue (Banner Health) VRDO | 1.080% | 11/7/19 | | LOC | 6,095 | | 6,095 | |
| Arizona Health Facilities Authority Revenue (Banner Health) VRDO | 1.080% | 11/7/19 | | LOC | 13,132 | | 13,132 | |
1 | Maricopa County AZ Industrial Development Authority Health Facilities Revenue (Banner Health Obligated Group) TOB VRDO | 1.140% | 11/7/19 | | | 5,730 | | 5,730 | |
| Maricopa County AZ Industrial Development Authority Health Facilities Revenue (Banner Health Obligated Group) VRDO | 1.130% | 11/7/19 | | | 95,100 | | 95,100 | |
1 | Mesa AZ Utility System Revenue TOB PUT | 1.240% | 12/12/19 | | | 11,895 | | 11,895 | |
1 | Salt River Project Arizona Agricultural Improvement & Power District Revenue PUT | 1.250% | 11/7/19 | | | 15,940 | | 15,940 | |
1 | Salt River Project Arizona Agricultural Improvement & Power District Revenue TOB VRDO | 1.150% | 11/7/19 | | | 4,000 | | 4,000 | |
1 | Salt River Project Arizona Agricultural Improvement & Power District Revenue TOB VRDO | 1.150% | 11/7/19 | | | 5,650 | | 5,650 | |
5
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
1 | Tempe AZ Union High School District No. 213 GO TOB VRDO | 1.150% | 11/7/19 | | | 6,840 | | 6,840 | |
1 | University of Arizona Revenue TOB VRDO | 1.150% | 11/7/19 | | | 6,715 | | 6,715 | |
| | | | | | | | 192,097 | |
Arkansas (0.2%) | | | | | | | | |
1 | Arkansas Development Finance Authority Healthcare Revenue (Baptist Health) PUT | 1.170% | 11/7/19 | | LOC | 35,625 | | 35,625 | |
| | | | | | | | | |
California (1.1%) | | | | | | | | |
| Big Bear Lake CA Industrial Revenue (Southwest Gas Corp. Project) VRDO | 1.200% | 11/7/19 | | LOC | 1,175 | | 1,175 | |
1 | BlackRock MuniYield California Fund Inc. VRDP VRDO | 1.210% | 11/7/19 | | | 58,300 | | 58,300 | |
1 | California Health Facilities Financing Authority Revenue (Sutter Health) TOB VRDO | 1.130% | 11/7/19 | | | 5,000 | | 5,000 | |
1 | California Health Facilities Financing Authority Revenue (Sutter Health) TOB VRDO | 1.130% | 11/7/19 | | | 7,700 | | 7,700 | |
1 | California Health Facilities Financing Authority Revenue (Sutter Health) TOB VRDO | 1.140% | 11/7/19 | | | 3,660 | | 3,660 | |
1 | California Health Facilities Financing Authority Revenue (Sutter Health) TOB VRDO | 1.140% | 11/7/19 | | | 250 | | 250 | |
| California Statewide Communities Development Authority Revenue (Kaiser Foundation Hospitals) PUT | 1.330% | 2/5/20 | | | 15,500 | | 15,500 | |
| California Statewide Communities Development Authority Revenue (Kaiser Permanente) CP | 1.260% | 3/3/20 | | | 10,000 | | 10,000 | |
1,2 | FHLMC Multifamily Certificate TOB VRDO | 1.220% | 11/7/19 | | | 43,630 | | 43,630 | |
1 | Foothill-De Anza CA Community College District GO TOB VRDO | 1.150% | 11/7/19 | | | 7,500 | | 7,500 | |
1 | Los Angeles CA Department of Airports International Airport Revenue TOB VRDO | 1.140% | 11/7/19 | | | 3,100 | | 3,100 | |
1 | Nuveen California Dividend Advantage Municipal Fund VRDP VRDO | 1.210% | 11/7/19 | | LOC | 20,000 | | 20,000 | |
1 | Regents of the University of California Revenue TOB VRDO | 1.150% | 11/7/19 | | | 7,600 | | 7,600 | |
1 | San Mateo County CA Community College District GO TOB VRDO | 1.150% | 11/7/19 | | | 8,810 | | 8,810 | |
1 | West Valley-Mission CA Community College District GO TOB VRDO | 1.150% | 11/7/19 | | | 8,500 | | 8,500 | |
| | | | | | | | 200,725 | |
Colorado (1.8%) | | | | | | | | |
1 | Adams CO 12 Five Star Schools GO TOB VRDO | 1.150% | 11/7/19 | | LOC | 12,500 | | 12,500 | |
1 | Adams County CO COP TOB VRDO | 1.170% | 11/7/19 | | | 6,825 | | 6,825 | |
1 | Adams County CO School District GO VRDO | 1.150% | 11/7/19 | | LOC | 6,410 | | 6,410 | |
1 | Board of Governors of the Colorado State University System Enterprise Revenue TOB VRDO | 1.170% | 11/7/19 | | (Prere.) | 9,750 | | 9,750 | |
1 | Boulder Larimer & Weld Counties CO St. Vrain Valley School District GO TOB VRDO | 1.150% | 11/7/19 | | LOC | 5,000 | | 5,000 | |
6
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
1 | Colorado Health Facilities Authority Hospital Revenue (Adventist Health System/Sunbelt Obligated Group) TOB VRDO | 1.150% | 11/7/19 | | | 4,775 | | 4,775 | |
1 | Colorado Health Facilities Authority Hospital Revenue (Adventist Health System/Sunbelt Obligated Group) TOB VRDO | 1.150% | 11/7/19 | | | 12,690 | | 12,690 | |
1 | Colorado Health Facilities Authority Hospital Revenue (Adventist Health System/Sunbelt Obligated Group) TOB VRDO | 1.150% | 11/7/19 | | | 2,120 | | 2,120 | |
1 | Colorado Health Facilities Authority Revenue (Sisters of Charity of Leavenworth Health System) TOB VRDO | 1.150% | 11/7/19 | | | 13,635 | | 13,635 | |
1 | Colorado Health Facilities Authority Revenue (Sisters of Charity of Leavenworth Health System) TOB VRDO | 1.150% | 11/7/19 | | | 6,750 | | 6,750 | |
1 | Colorado Health Facilities Authority Revenue (Sisters of Charity of Leavenworth Health System) TOB VRDO | 1.150% | 11/7/19 | | | 20,295 | | 20,295 | |
1 | Colorado Health Facilities Authority Revenue (Sisters of Charity of Leavenworth Health System) TOB VRDO | 1.160% | 11/7/19 | | | 7,175 | | 7,175 | |
| Colorado Health Facilities Authority Revenue (Sisters of Charity of Leavenworth Health System) VRDO | 1.100% | 11/7/19 | | | 12,500 | | 12,500 | |
| Colorado Housing & Finance Authority Multi-Family Mortgage Revenue VRDO | 1.130% | 11/7/19 | | | 3,035 | | 3,035 | |
| Colorado Housing & Finance Authority Multi-Family Mortgage Revenue VRDO | 1.130% | 11/7/19 | | | 3,110 | | 3,110 | |
| Colorado Housing & Finance Authority Multi-Family Mortgage Revenue VRDO | 1.150% | 11/7/19 | | | 25,000 | | 25,000 | |
1 | Colorado Housing & Finance Authority Single Family Mortgage Revenue TOB VRDO | 1.150% | 11/7/19 | | | 7,310 | | 7,310 | |
| Colorado Housing & Finance Authority Single Family Mortgage Revenue VRDO | 1.090% | 11/7/19 | | | 5,670 | | 5,670 | |
| Colorado Housing & Finance Authority Single Family Mortgage Revenue VRDO | 1.130% | 11/7/19 | | | 11,285 | | 11,285 | |
| Colorado Housing & Finance Authority Single Family Mortgage Revenue VRDO | 1.140% | 11/7/19 | | | 17,420 | | 17,420 | |
1 | Colorado Springs CO Utility System Revenue TOB VRDO | 1.150% | 11/7/19 | | | 9,810 | | 9,810 | |
1 | Denver CO Airport System Revenue TOB VRDO | 1.200% | 11/7/19 | | LOC | 2,190 | | 2,190 | |
1 | Denver CO Airport System Revenue TOB VRDO | 1.200% | 11/7/19 | | LOC | 1,840 | | 1,840 | |
1,3 | Denver CO City & County Airport Revenue TOB PUT, SIFMA Municipal Swap Index Yield + 0.250% | 1.370% | 12/2/19 | | LOC | 5,000 | | 5,000 | |
1 | Denver CO City & County Airport System Revenue TOB VRDO | 1.200% | 11/7/19 | | LOC | 3,250 | | 3,250 | |
1 | Denver CO City & County Airport System Revenue TOB VRDO | 1.200% | 11/7/19 | | LOC | 4,790 | | 4,790 | |
1 | Denver CO City & County Board of Water Commissioners Water Revenue TOB PUT | 1.240% | 12/5/19 | | | 6,715 | | 6,715 | |
1 | Denver CO City & County CoP TOB VRDO | 1.210% | 11/7/19 | | | 4,930 | | 4,930 | |
7
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
1 | Denver CO City & County Dedicated Tax Revenue TOB VRDO | 1.150% | 11/7/19 | | | 5,000 | | 5,000 | |
1 | University of Colorado Hospital Authority Revenue TOB PUT | 1.240% | 12/19/19 | | | 11,035 | | 11,035 | |
1 | University of Colorado Hospital Authority Revenue TOB VRDO | 1.150% | 11/7/19 | | | 80,705 | | 80,705 | |
| | | | | | | | 328,520 | |
Connecticut (1.1%) | | | | | | | | |
1 | Connecticut GO TOB VRDO | 1.150% | 11/7/19 | | LOC | 5,000 | | 5,000 | |
1 | Connecticut GO VRDO | 1.150% | 11/7/19 | | LOC | 5,000 | | 5,000 | |
1 | Connecticut Health & Educational Facilities Authority Revenue (Trinity Health Corp.) TOB VRDO | 1.150% | 11/7/19 | | | 8,000 | | 8,000 | |
| Connecticut Health & Educational Facilities Authority Revenue (Yale University) VRDO | 1.130% | 11/7/19 | | | 72,200 | | 72,200 | |
| Connecticut Housing Finance Authority Revenue Housing Mortgage Finance Program VRDO | 1.100% | 11/7/19 | | LOC | 16,670 | | 16,670 | |
| Connecticut Housing Finance Authority Revenue Housing Mortgage Finance Program VRDO | 1.100% | 11/7/19 | | | 26,750 | | 26,750 | |
| Connecticut Housing Finance Authority Revenue Housing Mortgage Finance Program VRDO | 1.100% | 11/7/19 | | | 4,455 | | 4,455 | |
| Connecticut Housing Finance Authority Revenue Housing Mortgage Finance Program VRDO | 1.100% | 11/7/19 | | | 19,240 | | 19,240 | |
| Connecticut Housing Finance Authority Revenue Housing Mortgage Finance Program VRDO | 1.110% | 11/7/19 | | | 6,875 | | 6,875 | |
| Connecticut Housing Finance Authority Revenue Housing Mortgage Finance Program VRDO | 1.120% | 11/7/19 | | | 10,000 | | 10,000 | |
| Connecticut Housing Finance Authority Revenue Housing Mortgage Finance Program VRDO | 1.140% | 11/7/19 | | | 24,900 | | 24,900 | |
1,3 | Connecticut Special Tax Revenue TOB PUT, SIFMA Municipal Swap Index Yield + 0.180% | 1.300% | 4/1/20 | | LOC | 8,000 | | 8,000 | |
| | | | | | | | 207,090 | |
Delaware (0.1%) | | | | | | | | |
| Delaware Transportation Authority Transportation System Revenue | 5.000% | 7/1/20 | | | 5,000 | | 5,122 | |
1 | Delaware Transportation Authority Transportation System Revenue TOB PUT | 1.240% | 12/19/19 | | | 9,550 | | 9,550 | |
| | | | | | | | 14,672 | |
District of Columbia (1.2%) | | | | | | | | |
1 | District of Columbia GO PUT | 1.240% | 1/30/20 | | | 8,360 | | 8,360 | |
1 | District of Columbia GO TOB PUT | 1.250% | 11/28/19 | | | 4,000 | | 4,000 | |
1 | District of Columbia GO TOB VRDO | 1.150% | 11/7/19 | | LOC | 40,700 | | 40,700 | |
1 | District of Columbia GO TOB VRDO | 1.150% | 11/7/19 | | LOC | 7,500 | | 7,500 | |
1 | District of Columbia Housing Finance Agency Revenue TOB VRDO | 1.160% | 11/7/19 | | | 6,845 | | 6,845 | |
8
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
1 | District of Columbia Income Tax Revenue TOB VRDO | 1.150% | 11/7/19 | | | 7,855 | | 7,855 | |
1 | District of Columbia Income Tax Revenue TOB VRDO | 1.150% | 11/7/19 | | | 11,250 | | 11,250 | |
| District of Columbia Revenue (Georgetown University) VRDO | 1.110% | 11/7/19 | | LOC | 1,425 | | 1,425 | |
| District of Columbia Revenue (MedStar Health, Inc.) VRDO | 1.120% | 11/7/19 | | LOC | 1,665 | | 1,665 | |
| District of Columbia Revenue (The Pew Charitable Trust) VRDO | 1.140% | 11/7/19 | | LOC | 7,550 | | 7,550 | |
1 | District of Columbia Water & Sewer Authority Public Utility Revenue TOB PUT | 1.250% | 11/28/19 | | | 9,710 | | 9,710 | |
1 | District of Columbia Water & Sewer Authority Public Utility Revenue TOB VRDO | 1.140% | 11/7/19 | | | 6,190 | | 6,190 | |
1 | District of Columbia Water & Sewer Authority Public Utility Revenue TOB VRDO | 1.140% | 11/7/19 | | | 3,750 | | 3,750 | |
1 | District of Columbia Water & Sewer Authority Public Utility Revenue TOB VRDO | 1.150% | 11/7/19 | | | 9,740 | | 9,740 | |
1 | District of Columbia Water & Sewer Authority Public Utility Revenue TOB VRDO | 1.150% | 11/7/19 | | | 6,650 | | 6,650 | |
| District of Columbia Water & Sewer Authority Public Utility Revenue VRDO | 1.110% | 11/7/19 | | | 10,000 | | 10,000 | |
| Metropolitan Washington DC/VA Airports Authority Airport System Revenue VRDO | 1.150% | 11/7/19 | | LOC | 49,555 | | 49,555 | |
| Metropolitan Washington DC/VA Airports Authority Airport System Revenue VRDO | 1.150% | 11/7/19 | | LOC | 13,340 | | 13,340 | |
| Metropolitan Washington DC/VA Airports Authority Dulles Toll Road Revenue CP | 1.380% | 11/21/19 | | LOC | 5,000 | | 5,000 | |
| Metropolitan Washington DC/VA Airports Authority Dulles Toll Road Revenue CP | 1.370% | 12/18/19 | | LOC | 4,000 | | 4,000 | |
| | | | | | | | 215,085 | |
Florida (3.7%) | | | | | | | | |
1 | Broward County FL Airport System Revenue TOB VRDO | 1.150% | 11/7/19 | | LOC | 31,335 | | 31,335 | |
1,3 | Broward County FL Port Facilities Revenue TOB PUT, SIFMA Municipal Swap Index Yield + 0.250% | 1.370% | 3/2/20 | | LOC | 5,000 | | 5,000 | |
1 | Clearwater FL Water & Sewer Revenue TOB PUT | 1.240% | 11/29/19 | | | 6,500 | | 6,500 | |
| Collier County FL Industrial Development Authority Revenue (Ave Maria Utility Co. LLLP) VRDO | 1.140% | 11/7/19 | | LOC | 13,115 | | 13,115 | |
1 | Florida Board of Education Public Education Capital Outlay GO TOB PUT | 1.240% | 12/12/19 | | | 5,000 | | 5,000 | |
1 | Florida Board of Education Public Education Capital Outlay GO TOB PUT | 1.240% | 12/19/19 | | | 3,620 | | 3,620 | |
1 | Florida Board of Education Public Education Capital Outlay GO TOB PUT | 1.240% | 1/2/20 | | | 4,510 | | 4,510 | |
1 | Florida Department of Transportation GO TOB PUT | 1.240% | 12/12/19 | | | 21,810 | | 21,810 | |
1 | Florida Department of Transportation GO TOB VRDO | 1.140% | 11/7/19 | | | 3,815 | | 3,815 | |
9
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
| Florida Development Finance Corporation Surface Transportation Facility Revenue Bonds (Virgin Trains USA Passenger Rail Project), Series 2019B PUT | 1.900% | 3/17/20 | | | 75,000 | | 75,000 | |
1 | Florida Housing Finance Corp. Revenue TOB VRDO | 1.180% | 11/7/19 | | | 3,000 | | 3,000 | |
1 | Florida Housing Finance Corp. TOB VRDO | 1.150% | 11/7/19 | | | 7,485 | | 7,485 | |
1 | Florida Housing Finance Corp. TOB VRDO | 1.150% | 11/7/19 | | | 6,985 | | 6,985 | |
1 | Florida Housing Finance Corp. TOB VRDO | 1.150% | 11/7/19 | | | 5,000 | | 5,000 | |
1 | Florida Turnpike Authority Revenue PUT | 1.240% | 1/30/20 | | | 10,825 | | 10,825 | |
1 | Gainesville FL Utilities System Revenue TOB PUT | 1.300% | 11/7/19 | | | 26,925 | | 26,925 | |
1,3 | Greater Orlando Aviation Authority Florida Airport Facilities Revenue TOB PUT, SIFMA Municipal Swap Index Yield + 0.250% | 1.370% | 4/1/20 | | LOC | 5,000 | | 5,000 | |
1 | Greater Orlando Aviation Authority Florida Airport Facilities Revenue TOB VRDO | 1.150% | 11/7/19 | | | 12,000 | | 12,000 | |
| Halifax Hospital Medical Center Florida Hospital Revenue VRDO | 1.180% | 11/7/19 | | LOC | 1,900 | | 1,900 | |
1 | Hillsborough County FL Aviation Authority (Tampa International Airport) TOB VRDO | 1.150% | 11/7/19 | | | 4,000 | | 4,000 | |
1 | Hillsborough County FL Aviation Authority (Tampa International Airport) TOB VRDO | 1.180% | 11/7/19 | | | 3,300 | | 3,300 | |
1,3 | Hillsborough FL Solid Waste & Resource Recovery Revenue PUT, SIFMA Municipal Swap Index Yield + 0.200% | 1.320% | 3/2/20 | | LOC | 5,000 | | 5,000 | |
1 | Lee Memorial Health System Florida Hospital Revenue TOB VRDO | 1.170% | 11/7/19 | | LOC | 5,250 | | 5,250 | |
1 | Miami Beach FL GO TOB VRDO | 1.150% | 11/7/19 | | | 13,295 | | 13,295 | |
1 | Miami Beach FL Resort Tax Revenue TOB VRDO | 1.160% | 11/7/19 | | | 10,000 | | 10,000 | |
1 | Miami Beach FL Resort Tax Revenue TOB VRDO | 1.170% | 11/7/19 | | | 3,750 | | 3,750 | |
1 | Miami Beach FL Resort Tax Revenue TOB VRDO | 1.170% | 11/7/19 | | | 6,665 | | 6,665 | |
| Miami Dade County FL Seaport A1 CP | 1.550% | 11/5/19 | | LOC | 7,000 | | 7,000 | |
| Miami Dade County FL Seaport A1 CP | 1.340% | 12/10/19 | | LOC | 51,500 | | 51,500 | |
| Miami Dade County FL Seaport A1 CP | 1.300% | 3/17/20 | | LOC | 10,000 | | 10,000 | |
1 | Miami-Dade County FL Building Better Communities GO TOB VRDO | 1.150% | 11/7/19 | | | 10,530 | | 10,530 | |
1 | Miami-Dade County FL Building Better Communities GO TOB VRDO | 1.150% | 11/7/19 | | LOC | 31,190 | | 31,190 | |
1 | Miami-Dade County FL Educational Facilities Authority Revenue (University of Miami) TOB VRDO | 1.160% | 11/7/19 | | LOC | 4,000 | | 4,000 | |
| Miami-Dade County FL Professional Sports Franchise Facilities Tax Revenue VRDO | 1.140% | 11/7/19 | | LOC | 10,000 | | 10,000 | |
| Miami-Dade County FL Seaport Revenue VRDO | 1.130% | 11/7/19 | | LOC | 40,320 | | 40,320 | |
1 | Miami-Dade County FL Transit Sales Surtax Revenue TOB VRDO | 1.160% | 11/7/19 | | | 7,600 | | 7,600 | |
1 | Miami-Dade County FL Transit Sales Surtax Revenue TOB VRDO | 1.170% | 11/7/19 | | | 6,810 | | 6,810 | |
10
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
1 | Miami-Dade County FL Transit Sales Surtax Revenue TOB VRDO | 1.180% | 11/7/19 | | | 2,000 | | 2,000 | |
1 | Miami-Dade County FL Water & Sewer Revenue TOB VRDO | 1.170% | 11/7/19 | | | 7,500 | | 7,500 | |
1 | Miami-Dade FL Transit Sales Surtax Revenue TOB VRDO | 1.150% | 11/7/19 | | | 8,250 | | 8,250 | |
| Orange County FL Health Facilities Authority Revenue (Nemours Foundation Project) VRDO | 1.090% | 11/7/19 | | LOC | 7,080 | | 7,080 | |
1 | Orange County FL Sales Tax Revenue TOB VRDO | 1.150% | 11/7/19 | | | 10,230 | | 10,230 | |
1 | Orange County FL Tourist Development Revenue TOB VRDO | 1.150% | 11/7/19 | | | 16,665 | | 16,665 | |
1 | Orlando & Orange County FL Expressway Authority Revenue TOB VRDO | 1.150% | 11/7/19 | | LOC | 41,590 | | 41,590 | |
| Orlando FL Utility Commission Utility System Revenue VRDO | 1.140% | 11/7/19 | | | 11,200 | | 11,200 | |
| Orlando FL Utility Commission Utility System Revenue VRDO | 1.190% | 11/7/19 | | | 14,800 | | 14,800 | |
1 | Palm Beach County FL Health Facilities Authority Hospital Revenue (Baptist Health South Florida Obligated Group) TOB VRDO | 1.170% | 11/7/19 | | LOC | 4,900 | | 4,900 | |
| Palm Beach County FL Revenue (Community Foundation Palm Beach Project) VRDO | 1.160% | 11/7/19 | | LOC | 4,300 | | 4,300 | |
1 | Reedy Creek FL Improvement District GO VRDO | 1.150% | 11/7/19 | | LOC | 7,600 | | 7,600 | |
1 | Tallahassee FL Memorial HealthCare Inc. TOB VRDO | 1.170% | 11/7/19 | | LOC | 21,000 | | 21,000 | |
1 | Tampa Bay FL Water Utility System Revenue TOB VRDO | 1.150% | 11/7/19 | | | 8,960 | | 8,960 | |
3 | Tampa FL Health System Revenue (BayCare Health System), SIFMA Municipal Swap Index Yield + 0.300% | 1.420% | 5/28/20 | | | 13,500 | | 13,500 | |
1 | Tampa FL Health System Revenue TOB VRDO | 1.150% | 11/7/19 | | | 4,800 | | 4,800 | |
1,3 | Tampa-Hillsborough County FL Expressway Authority Revenue TOB PUT, SIFMA Municipal Swap Index Yield + 0.200% | 1.320% | 1/2/20 | | LOC | 5,500 | | 5,500 | |
| | | | | | | | 668,910 | |
Georgia (1.8%) | | | | | | | | |
1 | Atlanta GA Airport Passenger Facility Charge Revenue TOB VRDO | 1.200% | 11/7/19 | | | 3,300 | | 3,300 | |
1 | Atlanta GA GO TOB VRDO | 1.150% | 11/7/19 | | LOC | 10,000 | | 10,000 | |
1 | Atlanta GA Water & Wastewater Revenue TOB VRDO | 1.150% | 11/7/19 | | | 27,855 | | 27,855 | |
1 | Atlanta GA Water & Wastewater Revenue TOB VRDO | 1.150% | 11/7/19 | | | 6,670 | | 6,670 | |
1 | Brookhaven GA Development Authority Revenue (Children’s Healthcare of Atlanta Obligated Group) TOB VRDO | 1.170% | 11/7/19 | | | 3,000 | | 3,000 | |
1 | Brookhaven GA Development Authority Revenue (Children’s Healthcare of Atlanta Obligated Group) TOB VRDO | 1.170% | 11/7/19 | | | 6,300 | | 6,300 | |
11
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
| Brookhaven GA Development Authority Revenue (Children’s Healthcare of Atlanta Obligated Group) VRDO | 1.090% | 11/7/19 | | | 23,000 | | 23,000 | |
1 | Burke County GA Development Authority Pollution Control Revenue (Oglethorpe Power Corp. Vogtle Project) TOB VRDO | 1.180% | 11/7/19 | | LOC | 12,335 | | 12,335 | |
1 | Burke County GA Development Authority Pollution Control Revenue (Oglethorpe Power Corp. Vogtle Project) TOB VRDO | 1.180% | 11/7/19 | | LOC | 27,000 | | 27,000 | |
| Cobb County GA Hospital Authority Revenue (Equipment Pool Project) VRDO | 1.130% | 11/7/19 | | LOC | 25,000 | | 25,000 | |
| Cobb County GA Hospital Authority Revenue (Equipment Pool Project) VRDO | 1.130% | 11/7/19 | | LOC | 7,100 | | 7,100 | |
1 | Dalton Whitfield County GA Development Authority Revenue (Hamilton Health Care System) TOB VRDO | 1.160% | 11/7/19 | | | 18,805 | | 18,805 | |
1 | DeKalb County GA Water & Sewer Revenue TOB VRDO | 1.150% | 11/7/19 | | | 11,990 | | 11,990 | |
1 | DeKalb County GA Water & Sewer Revenue TOB VRDO | 1.150% | 11/7/19 | | | 9,600 | | 9,600 | |
1 | DeKalb GA Water & Sewerage Revenue TOB VRDO | 1.150% | 11/7/19 | | (4) | 4,800 | | 4,800 | |
| Fulton County GA Development Authority Revenue (Shepherd Center Inc. Project) VRDO | 1.200% | 11/7/19 | | LOC | 50,600 | | 50,600 | |
1 | Georgia Housing & Finance Authority Revenue TOB VRDO | 1.150% | 11/7/19 | | | 5,220 | | 5,220 | |
1 | Metropolitan Atlanta Rapid Transportation Authority Georgia Sales Tax Revenue TOB PUT | 1.250% | 11/14/19 | | | 12,000 | | 12,000 | |
| Municipal Electric Authority Georgia Revenue VRDO | 1.100% | 11/7/19 | | LOC | 9,800 | | 9,800 | |
| Private Colleges & Universities Authority Georgia CP | 1.270% | 11/6/19 | | | 6,600 | | 6,600 | |
| Private Colleges & Universities Authority Georgia CP | 1.380% | 1/9/20 | | | 27,000 | | 27,000 | |
| Private Colleges & Universities Authority Georgia CP | 1.260% | 2/5/20 | | | 26,100 | | 26,100 | |
| | | | | | | | 334,075 | |
Hawaii (0.5%) | | | | | | | | |
1 | Hawaii Airports System Revenue TOB VRDO | 1.240% | 11/7/19 | | | 10,080 | | 10,080 | |
3 | Hawaii Department of Budget & Finance Special Purpose Revenue (Queens Health System) PUT, SIFMA Municipal Swap Index Yield + 0.450% | 1.570% | 5/28/20 | | | 18,655 | | 18,655 | |
3 | Hawaii Department of Budget & Finance Special Purpose Revenue (Queens Health System) PUT, SIFMA Municipal Swap Index Yield + 0.450% | 1.570% | 5/28/20 | | | 35,770 | | 35,770 | |
1 | Hawaii GO TOB PUT | 1.240% | 1/16/20 | | | 9,190 | | 9,190 | |
| Hawaii Housing Finance and Development Corp. Multi-Family Housing Revenue VRDO | 1.110% | 11/7/19 | | LOC | 3,825 | | 3,825 | |
1 | Honolulu HI City & County GO TOB VRDO | 1.150% | 11/7/19 | | LOC | 7,350 | | 7,350 | |
| | | | | | | | 84,870 | |
12
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
Idaho (0.0%) | | | | | | | | |
1 | Idaho Building Authority Revenue (State Office Campus Project) TOB VRDO | 1.170% | 11/7/19 | | | 4,310 | | 4,310 | |
| | | | | | | | | |
Illinois (4.1%) | | | | | | | | |
| Channahon IL Revenue (Morris Hospital) VRDO | 1.130% | 11/7/19 | | LOC | 6,130 | | 6,130 | |
1 | Chicago IL Metropolitan Water Reclamation District GO TOB VRDO | 1.200% | 11/7/19 | | | 12,000 | | 12,000 | |
| Chicago IL Midway Airport Revenue VRDO | 1.170% | 11/7/19 | | LOC | 32,955 | | 32,955 | |
1 | Chicago IL O’Hare International Airport Revenue TOB VRDO | 1.150% | 11/7/19 | | LOC | 6,950 | | 6,950 | |
1 | Chicago IL O’Hare International Airport Revenue TOB VRDO | 1.200% | 11/7/19 | | LOC | 4,170 | | 4,170 | |
1 | Chicago IL O’Hare International Airport Revenue TOB VRDO | 1.200% | 11/7/19 | | (15)LOC | 6,790 | | 6,790 | |
| Cook County IL Sales Tax Revenue VRDO | 1.180% | 11/7/19 | | LOC | 21,000 | | 21,000 | |
| Du Page County IL Revenue (Morton Arboretum) VRDO | 1.140% | 11/7/19 | | LOC | 27,100 | | 27,100 | |
| Illinois Development Finance Authority Revenue (Evanston Northwestern Healthcare Corp.) VRDO | 1.350% | 11/1/19 | | | 10,000 | | 10,000 | |
| Illinois Development Finance Authority Revenue VRDO | 1.100% | 11/7/19 | | | 24,000 | | 24,000 | |
| Illinois Educational Facilities Authority (Pooled Financing Program) CP | 1.300% | 12/3/19 | | LOC | 25,000 | | 25,000 | |
1 | Illinois Educational Facilities Authority Revenue (University of Chicago) TOB VRDO | 1.150% | 11/7/19 | | | 5,850 | | 5,850 | |
| Illinois Educational Facilities Authority Revenue (University of Chicago) VRDO | 1.080% | 11/7/19 | | | 8,690 | | 8,690 | |
3 | Illinois Finance Authority Revenue (Advocate Health Care Network) PUT, SIFMA Municipal Swap Index Yield + 0.300% | 1.420% | 5/28/20 | | | 6,500 | | 6,500 | |
1 | Illinois Finance Authority Revenue (Advocate Health Care Network) TOB VRDO | 1.150% | 11/7/19 | | | 2,250 | | 2,250 | |
1 | Illinois Finance Authority Revenue (Advocate Health Care Network) TOB VRDO | 1.150% | 11/7/19 | | | 11,760 | | 11,760 | |
| Illinois Finance Authority Revenue (Advocate Health Care Network) VRDO | 1.130% | 11/7/19 | | | 45,170 | | 45,170 | |
1 | Illinois Finance Authority Revenue (Ann & Robert H. Lurie Children’s Hospital of Chicago) TOB VRDO | 1.150% | 11/7/19 | | | 10,000 | | 10,000 | |
| Illinois Finance Authority Revenue (Chicago Horticulture Project) VRDO | 1.120% | 11/7/19 | | LOC | 24,200 | | 24,200 | |
| Illinois Finance Authority Revenue (Evangelical Project) VRDO | 1.120% | 11/7/19 | | LOC | 7,625 | | 7,625 | |
| Illinois Finance Authority Revenue (Hospital Sister Services Inc.) CP | 1.340% | 1/16/20 | | | 38,500 | | 38,500 | |
1 | Illinois Finance Authority Revenue (NorthShore University Health System) TOB VRDO | 1.150% | 11/7/19 | | | 9,375 | | 9,375 | |
13
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
1 | Illinois Finance Authority Revenue (Northwestern Memorial Hospital) TOB VRDO | 1.150% | 11/7/19 | | | 33,585 | | 33,585 | |
1 | Illinois Finance Authority Revenue (Northwestern Memorial Hospital) TOB VRDO | 1.150% | 11/7/19 | | | 9,000 | | 9,000 | |
1 | Illinois Finance Authority Revenue (Northwestern Memorial Hospital) TOB VRDO | 1.150% | 11/7/19 | | | 7,500 | | 7,500 | |
| Illinois Finance Authority Revenue (Northwestern Memorial Hospital) VRDO | 1.380% | 11/1/19 | | | 24,650 | | 24,650 | |
| Illinois Finance Authority Revenue (Northwestern Memorial Hospital) VRDO | 1.120% | 11/7/19 | | | 12,905 | | 12,905 | |
| Illinois Finance Authority Revenue (Northwestern Memorial Hospital) VRDO | 1.120% | 11/7/19 | | | 6,000 | | 6,000 | |
1 | Illinois Finance Authority Revenue (University of Chicago Medical Center) TOB VRDO | 1.150% | 11/7/19 | | (Prere.) | 1,470 | | 1,470 | |
1 | Illinois Finance Authority Revenue (University of Chicago) TOB VRDO | 1.150% | 11/7/19 | | | 6,665 | | 6,665 | |
1 | Illinois Finance Authority Revenue (University of Chicago) TOB VRDO | 1.170% | 11/7/19 | | (Prere.) | 30,825 | | 30,825 | |
| Illinois Finance Authority Revenue (University of Chicago) VRDO | 1.080% | 11/7/19 | | | 12,605 | | 12,605 | |
| Illinois Health Facilities Authority Revenue (Evanston Hospital Corp.) VRDO | 1.140% | 11/7/19 | | | 13,830 | | 13,830 | |
| Illinois Housing Development Authority Revenue (Lakeshore Plaza) VRDO | 1.180% | 11/7/19 | | | 20,385 | | 20,385 | |
| Illinois Housing Development Authority Revenue (Larkin Village) VRDO | 1.200% | 11/7/19 | | | 10,570 | | 10,570 | |
1 | Illinois Housing Development Authority Revenue TOB VRDO | 1.150% | 11/7/19 | | | 6,700 | | 6,700 | |
1 | Illinois Toll Highway Authority Revenue TOB VRDO | 1.150% | 11/7/19 | | LOC | 70,755 | | 70,755 | |
1 | Illinois Toll Highway Authority Revenue TOB VRDO | 1.170% | 11/7/19 | | | 5,335 | | 5,335 | |
1 | Illinois Toll Highway Authority Revenue TOB VRDO | 1.180% | 11/7/19 | | | 3,100 | | 3,100 | |
| Illinois Toll Highway Authority Revenue VRDO | 1.110% | 11/7/19 | | LOC | 53,185 | | 53,185 | |
| Illinois Toll Highway Authority Revenue VRDO | 1.130% | 11/7/19 | | | 4,125 | | 4,125 | |
1 | Illinois Toll Highway Authority Toll Highway Revenue TOB VRDO | 1.150% | 11/7/19 | | | 34,385 | | 34,385 | |
1 | Will County IL GO TOB VRDO | 1.150% | 11/7/19 | | LOC | 5,000 | | 5,000 | |
1 | Will IL GO TOB VRDO | 1.150% | 11/7/19 | | | 20,280 | | 20,280 | |
1 | Will IL GO TOB VRDO | 1.150% | 11/7/19 | | | 10,180 | | 10,180 | |
| | | | | | | | 749,050 | |
Indiana (1.5%) | | | | | | | | |
| Indiana Bond Bank Revenue | 4.000% | 1/3/20 | | | 13,500 | | 13,549 | |
| Indiana Finance Authority CP | 1.350% | 1/6/20 | | | 74,000 | | 74,000 | |
| Indiana Finance Authority Environmental Improvement Revenue (Ispat Inland Inc. Project) VRDO | 1.200% | 11/7/19 | | LOC | 33,140 | | 33,140 | |
1 | Indiana Finance Authority Health System Revenue (Sisters of St. Francis Health Services Inc. Obligated Group) TOB VRDO | 1.160% | 11/7/19 | | | 2,500 | | 2,500 | |
14
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
| Indiana Finance Authority Health System Revenue (Sisters of St. Francis Health Services Inc. Obligated Group) VRDO | 1.180% | 11/7/19 | | LOC | 5,790 | | 5,790 | |
1 | Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) TOB VRDO | 1.140% | 11/7/19 | | | 16,000 | | 16,000 | |
1 | Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) TOB VRDO | 1.170% | 11/7/19 | | | 12,000 | | 12,000 | |
| Indiana Finance Authority Hospital Revenue (Indiana University Health) VRDO | 1.200% | 11/7/19 | | LOC | 23,595 | | 23,595 | |
| Indiana Finance Authority Hospital Revenue (Indiana University) VRDO | 1.200% | 11/7/19 | | LOC | 23,645 | | 23,645 | |
| Indiana Finance Authority Revenue (Ascension Health Credit Group) VRDO | 1.080% | 11/7/19 | | | 23,870 | | 23,870 | |
| Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) VRDO | 1.080% | 11/7/19 | | | 7,000 | | 7,000 | |
| Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) VRDO | 1.080% | 11/7/19 | | | 13,200 | | 13,200 | |
1 | Indianapolis IN Local Public Improvement Bond Bank Revenue (Courthouse and Jail Project) TOB VRDO | 1.200% | 11/7/19 | | | 3,500 | | 3,500 | |
1 | Indianapolis IN Local Public Improvement Bond Bank Revenue TOB VRDO | 1.240% | 11/7/19 | | | 15,000 | | 15,000 | |
| | | | | | | | 266,789 | |
Iowa (0.4%) | | | | | | | | |
| Iowa Finance Authority Health Facilities Revenue (UnityPoint Health) VRDO | 1.110% | 11/7/19 | | LOC | 16,825 | | 16,825 | |
| Iowa Finance Authority Revenue (Trinity Health) VRDO | 1.110% | 11/7/19 | | | 10,520 | | 10,520 | |
| Iowa Finance Authority Revenue (UnityPoint Health) VRDO | 1.150% | 11/7/19 | | LOC | 20,900 | | 20,900 | |
| Iowa Finance Authority Single Family Mortgage Revenue VRDO | 1.140% | 11/7/19 | | | 20,000 | | 20,000 | |
| Iowa Finance Authority Single Family Mortgage Revenue VRDO | 1.140% | 11/7/19 | | | 6,000 | | 6,000 | |
| | | | | | | | 74,245 | |
Kansas (0.6%) | | | | | | | | |
1 | Johnson County KS Water District Revenue TOB PUT | 1.250% | 11/7/19 | | | 12,425 | | 12,425 | |
1 | Kansas Department of Transportation Highway Revenue TOB VRDO | 1.150% | 11/7/19 | | | 8,000 | | 8,000 | |
1 | Kansas Development Finance Authority Hospital Revenue (Adventist Health System/Sunbelt Obligated Group) TOB VRDO | 1.150% | 11/7/19 | | | 7,425 | | 7,425 | |
1 | University of Kansas Hospital Authority Health Facilities Revenue TOB VRDO | 1.140% | 11/7/19 | | | 7,105 | | 7,105 | |
1 | Wyandotte County KS Unified School District No. 500 GO TOB VRDO | 1.140% | 11/7/19 | | | 10,100 | | 10,100 | |
1 | Wyandotte County KS Unified School District No. 500 GO TOB VRDO | 1.150% | 11/7/19 | | LOC | 7,500 | | 7,500 | |
15
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
1 | Wyandotte County KS Unified School District No. 500 GO TOB VRDO | 1.250% | 11/7/19 | | | 12,400 | | 12,400 | |
| Wyandotte County/Kansas City KS Unified Government GO | 1.900% | 3/1/20 | | | 44,400 | | 44,400 | |
| | | | | | | | 109,355 | |
Kentucky (0.6%) | | | | | | | | |
| Kentucky Economic Development Finance Authority Hospital Facilities Revenue (St. Elizabeth Medical Center Inc.) VRDO | 1.100% | 11/7/19 | | LOC | 12,930 | | 12,930 | |
1 | Kentucky Infrastructure Authority Wastewater & Drinking Water Revenue TOB VRDO | 1.140% | 11/7/19 | | | 6,945 | | 6,945 | |
1 | Kentucky Infrastructure Authority Wastewater & Drinking Water Revenue TOB VRDO | 1.150% | 11/7/19 | | | 7,190 | | 7,190 | |
1 | Louisville & Jefferson County KY Metropolitan Government Parking Revenue TOB VRDO | 1.150% | 11/7/19 | | (Prere.) | 6,130 | | 6,130 | |
| Louisville & Jefferson County KY Metropolitan Sewer & Drain System Revenue BAN | 4.000% | 11/1/19 | | | 50,000 | | 50,000 | |
| Louisville & Jefferson County KY Metropolitan Sewer & Drain System Revenue CP | 1.280% | 1/10/20 | | | 20,000 | | 20,000 | |
1 | Louisville & Jefferson County KY Metropolitan Sewer & Drain System Revenue TOB PUT | 1.240% | 1/9/20 | | | 11,140 | | 11,140 | |
| | | | | | | | 114,335 | |
Louisiana (1.1%) | | | | | | | | |
1 | Louisiana Gasoline & Fuel Tax Revenue TOB VRDO | 1.150% | 11/7/19 | | | 8,250 | | 8,250 | |
1 | Louisiana GO TOB VRDO | 1.150% | 11/7/19 | | LOC | 10,000 | | 10,000 | |
1 | Louisiana Public Facilities Authority Hospital Revenue (Touro Infirmary Project) TOB VRDO | 1.170% | 11/7/19 | | LOC | 12,455 | | 12,455 | |
1 | New Orleans LA Sewage Service Revenue TOB VRDO | 1.150% | 11/7/19 | | LOC | 4,000 | | 4,000 | |
| St. James Parish LA Revenue (NuStar Logistics LP Project) VRDO | 1.150% | 11/7/19 | | LOC | 55,440 | | 55,440 | |
| St. James Parish LA Revenue (NuStar Logistics LP Project) VRDO | 1.150% | 11/7/19 | | LOC | 47,200 | | 47,200 | |
| St. James Parish LA Revenue (NuStar Logistics LP Project) VRDO | 1.190% | 11/7/19 | | LOC | 34,300 | | 34,300 | |
| St. James Parish LA Revenue (NuStar Logistics LP Project) VRDO | 1.190% | 11/7/19 | | LOC | 31,200 | | 31,200 | |
| | | | | | | | 202,845 | |
Maine (0.2%) | | | | | | | | |
| Maine Housing Authority Mortgage Revenue VRDO | 1.160% | 11/7/19 | | | 10,150 | | 10,150 | |
| Maine Housing Authority Mortgage Revenue VRDO | 1.160% | 11/7/19 | | | 14,000 | | 14,000 | |
1 | Maine Housing Authority Mortgage Revenue TOB VRDO | 1.150% | 11/7/19 | | | 7,500 | | 7,500 | |
| | | | | | | | 31,650 | |
Maryland (1.8%) | | | | | | | | |
1 | Agency Enhanced Affordable Housing Trust Maryland Revenue TOB VRDO | 1.220% | 11/7/19 | | | 25,690 | | 25,690 | |
1,3 | Baltimore MD Project Revenue TOB PUT, SIFMA Municipal Swap Index Yield + 0.200% | 1.320% | 1/2/20 | | LOC | 5,000 | | 5,000 | |
1 | Baltimore MD Project Revenue TOB VRDO | 1.150% | 11/7/19 | | | 6,000 | | 6,000 | |
1 | Baltimore MD Project Revenue TOB VRDO | 1.150% | 11/7/19 | | | 5,080 | | 5,080 | |
16
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
1 | BlackRock Maryland Municipal Bond Trust VRDO | 1.270% | 11/7/19 | | LOC | 3,600 | | 3,600 | |
1 | Maryland Community Development Administration (Department of Housing & Community Development) TOB VRDO | 1.150% | 11/7/19 | | | 9,720 | | 9,720 | |
1 | Maryland Community Development Administration (Department of Housing & Community Development) TOB VRDO | 1.170% | 11/7/19 | | | 7,890 | | 7,890 | |
1 | Maryland Community Development Administration Revenue TOB VRDO | 1.150% | 11/7/19 | | | 3,920 | | 3,920 | |
| Maryland GO | 5.000% | 11/1/19 | | | 16,790 | | 16,790 | |
1 | Maryland Health & Higher Educational Facilities Authority Pooled Loan Program Revenue VRDO | 1.170% | 11/7/19 | | LOC | 3,965 | | 3,965 | |
1 | Maryland Health & Higher Educational Facilities Authority Revenue (Johns Hopkins Health System) TOB VRDO | 1.150% | 11/7/19 | | | 6,665 | | 6,665 | |
1 | Maryland Health & Higher Educational Facilities Authority Revenue (Johns Hopkins University) TOB VRDO | 1.150% | 11/7/19 | | | 11,165 | | 11,165 | |
| Maryland Health & Higher Educational Facilities Authority Revenue VRDO | 1.120% | 11/7/19 | | LOC | 27,875 | | 27,875 | |
1 | Maryland Health and Higher Educational Facilities Authority Revenue (University of Maryland Medical System) TOB VRDO | 1.160% | 11/7/19 | | LOC | 7,390 | | 7,390 | |
1 | Maryland Transportation Authority Facilities Projects Revenue TOB PUT | 1.240% | 1/23/20 | | | 10,000 | | 10,000 | |
| Maryland Transportation Authority Passenger Facility Charge Revenue (Baltimore/Washington International Airport) VRDO | 1.150% | 11/7/19 | | LOC | 38,640 | | 38,640 | |
| Montgomery County MD GO CP | 1.400% | 12/5/19 | | | 15,000 | | 15,000 | |
| Montgomery County MD GO CP | 1.400% | 12/5/19 | | | 101,500 | | 101,500 | |
1 | University of Maryland Auxiliary Facility & Tuition Revenue TOB PUT | 1.240% | 12/12/19 | | | 6,700 | | 6,700 | |
| Washington MD Suburban Sanitary Commission BAN VRDO | 1.110% | 11/7/19 | | | 8,350 | | 8,350 | |
| | | | | | | | 320,940 | |
Massachusetts (3.8%) | | | | | | | | |
1 | Billerica MA GO TOB PUT | 1.250% | 11/7/19 | | | 4,300 | | 4,300 | |
3 | Massachusetts Bay Transportation Authority Sales Tax Revenue PUT, SIFMA Municipal Swap Index Yield + 0.300% | 1.420% | 5/28/20 | | | 8,220 | | 8,220 | |
1 | Massachusetts Bay Transportation Authority Sales Tax Revenue VRDO | 1.230% | 11/7/19 | | | 4,435 | | 4,435 | |
3 | Massachusetts Development Finance Agency Revenue (Partners Healthcare) PUT, SIFMA Municipal Swap Index Yield + 0.480% | 1.600% | 1/29/20 | | | 1,435 | | 1,435 | |
1 | Massachusetts Development Finance Agency Revenue (Partners Healthcare) TOB VRDO | 1.140% | 11/7/19 | | | 4,000 | | 4,000 | |
4 | Massachusetts GO | 4.000% | 4/23/20 | | | 50,000 | | 50,666 | |
4 | Massachusetts GO | 4.000% | 5/21/20 | | | 50,000 | | 50,770 | |
| Massachusetts GO | 4.000% | 6/18/20 | | | 179,485 | | 182,617 | |
| Massachusetts GO | 5.250% | 8/1/20 | | | 13,465 | | 13,860 | |
1 | Massachusetts GO TOB VRDO | 1.140% | 11/7/19 | | LOC | 15,000 | | 15,000 | |
17
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
1 | Massachusetts GO TOB VRDO | 1.150% | 11/7/19 | | | 3,750 | | 3,750 | |
1 | Massachusetts GO TOB VRDO | 1.150% | 11/7/19 | | (Prere.) | 3,750 | | 3,750 | |
1 | Massachusetts GO TOB VRDO | 1.150% | 11/7/19 | | | 3,335 | | 3,335 | |
1 | Massachusetts GO TOB VRDO | 1.150% | 11/7/19 | | LOC | 85,000 | | 85,000 | |
1 | Massachusetts GO TOB VRDO | 1.150% | 11/7/19 | | | 15,000 | | 15,000 | |
1 | Massachusetts GO TOB VRDO | 1.150% | 11/7/19 | | | 10,000 | | 10,000 | |
1 | Massachusetts GO TOB VRDO | 1.240% | 12/19/19 | | | 6,640 | | 6,640 | |
| Massachusetts Health & Educational Facilities Authority Revenue (Harvard University) CP | 1.320% | 1/16/20 | | | 36,000 | | 36,000 | |
| Massachusetts Health & Educational Facilities Authority Revenue (Partners Healthcare System Inc.) CP | 1.380% | 12/2/19 | | | 18,390 | | 18,390 | |
| Massachusetts Health & Educational Facilities Authority Revenue (Partners Healthcare System Inc.) CP | 1.400% | 12/5/19 | | | 1,100 | | 1,100 | |
| Massachusetts Health & Educational Facilities Authority Revenue (Partners Healthcare System) VRDO | 1.130% | 11/7/19 | | | 10,900 | | 10,900 | |
| Massachusetts Health & Educational Facilities Authority Revenue (Pool Loan Program) VRDO | 1.120% | 11/7/19 | | LOC | 6,100 | | 6,100 | |
1 | Massachusetts School Building Authority Dedicated Sales Tax Revenue PUT | 1.250% | 11/21/19 | | | 3,900 | | 3,900 | |
1 | Massachusetts School Building Authority Dedicated Sales Tax Revenue TOB VRDO | 1.140% | 11/7/19 | | | 4,600 | | 4,600 | |
1 | Massachusetts School Building Authority Dedicated Sales Tax Revenue TOB VRDO | 1.150% | 11/7/19 | | | 4,125 | | 4,125 | |
1 | Massachusetts School Building Authority TOB VRDO | 1.150% | 11/7/19 | | | 12,135 | | 12,135 | |
1,3 | Massachusetts Special Obligation Dedicated Tax Revenue TOB PUT, SIFMA Municipal Swap Index Yield + 0.180% | 1.300% | 1/2/20 | | (13)LOC | 4,000 | | 4,000 | |
1 | Massachusetts Water Resources Authority Revenue TOB VRDO | 1.150% | 11/7/19 | | (Prere.) | 5,000 | | 5,000 | |
| Quincy MA BAN | 2.500% | 9/25/20 | | | 40,517 | | 40,927 | |
| University of Massachusetts Building Authority CP | 1.280% | 2/12/20 | | | 4,000 | | 4,000 | |
3 | University of Massachusetts Building Authority Revenue PUT, SIFMA Municipal Swap Index Yield + 0.300% | 1.420% | 5/28/20 | | | 59,850 | | 59,850 | |
1 | University of Massachusetts Building Authority Revenue TOB VRDO | 1.150% | 11/7/19 | | | 8,000 | | 8,000 | |
1 | University of Massachusetts Building Authority Revenue TOB VRDO | 1.150% | 11/7/19 | | | 7,500 | | 7,500 | |
1 | University of Massachusetts Building Authority TOB VRDO | 1.140% | 11/7/19 | | | 3,935 | | 3,935 | |
| | | | | | | | 693,240 | |
Michigan (3.2%) | | | | | | | | |
1 | BlackRock MuniYield Michigan Quality Fund Inc. VRDP VRDO | 1.270% | 11/7/19 | | LOC | 175,900 | | 175,900 | |
1 | Clarkston MI Community Schools GO VRDO | 1.150% | 11/7/19 | | LOC | 5,000 | | 5,000 | |
1 | Detroit MI Sewage Disposal System Revenue TOB VRDO | 1.150% | 11/7/19 | | (13) | 18,150 | | 18,150 | |
18
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
3 | Kent Hospital Finance Authority Michigan Revenue (Spectrum Health System) PUT, SIFMA Municipal Swap Index Yield + 0.250% | 1.370% | 5/28/20 | | | 40,255 | | 40,255 | |
1 | Michigan Building Authority Revenue TOB VRDO | 1.180% | 11/7/19 | | | 8,500 | | 8,500 | |
| Michigan Finance Authority Revenue | 4.000% | 8/20/20 | | | 20,000 | | 20,427 | |
1 | Michigan Finance Authority Revenue (McLaren Health Care Corp.) TOB VRDO | 1.150% | 11/7/19 | | LOC | 11,960 | | 11,960 | |
1 | Michigan Finance Authority Revenue (Trinity Health Credit Group) TOB VRDO | 1.150% | 11/7/19 | | LOC | 32,545 | | 32,545 | |
1 | Michigan Finance Authority Revenue (Trinity Health Credit Group) TOB VRDO | 1.150% | 11/7/19 | | | 3,780 | | 3,780 | |
1 | Michigan Finance Authority Revenue (Trinity Health Credit Group) TOB VRDO | 1.150% | 11/7/19 | | | 3,000 | | 3,000 | |
1 | Michigan Finance Authority Revenue (Trinity Health Credit Group) TOB VRDO | 1.150% | 11/7/19 | | | 6,015 | | 6,015 | |
1 | Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) TOB VRDO | 1.150% | 11/7/19 | | | 4,475 | | 4,475 | |
| Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) VRDO | 1.080% | 11/7/19 | | | 4,965 | | 4,965 | |
| Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) VRDO | 1.130% | 11/7/19 | | | 16,950 | | 16,950 | |
1 | Michigan Housing Development Authority Revenue TOB VRDO | 1.150% | 11/7/19 | | | 7,500 | | 7,500 | |
| Michigan Housing Development Authority Revenue VRDO | 1.150% | 11/7/19 | | | 20,385 | | 20,385 | |
| Michigan Housing Development Authority Revenue VRDO | 1.170% | 11/7/19 | | | 100,895 | | 100,895 | |
| Michigan Housing Development Authority Single Family Mortgage Revenue VRDO | 1.170% | 11/7/19 | | | 42,315 | | 42,315 | |
1 | Michigan State Building Authority TOB VRDO | 1.270% | 11/7/19 | | | 6,670 | | 6,670 | |
1 | Michigan State Housing Development Authority TOB VRDO | 1.150% | 11/7/19 | | | 7,500 | | 7,500 | |
1 | Michigan State Housing Development Authority TOB VRDO | 1.150% | 11/7/19 | | | 6,000 | | 6,000 | |
| Michigan Strategic Fund Limited Obligation Revenue (Consumers Energy Company Project) VRDO | 1.190% | 11/7/19 | | LOC | 12,300 | | 12,300 | |
| Regents of the University of Michigan CP | 1.410% | 12/17/19 | | | 15,000 | | 15,000 | |
1 | Trenton MI Public Schools School District GO TOB VRDO | 1.150% | 11/7/19 | | LOC | 5,780 | | 5,780 | |
1 | University of Michigan MI TOB VRDO | 1.140% | 11/7/19 | | | 4,000 | | 4,000 | |
1 | University of Michigan Revenue TOB VRDO | 1.150% | 11/7/19 | | | 2,893 | | 2,893 | |
1 | University of Michigan Revenue TOB VRDO | 1.150% | 11/7/19 | | | 2,700 | | 2,700 | |
| | | | | | | | 585,860 | |
Minnesota (0.5%) | | | | | | | | |
1 | Agency Enhanced Affordable Housing Minnesota Special Obligation TOB VRDO | 1.120% | 11/7/19 | | LOC | 25,930 | | 25,930 | |
| Hennepin MN GO VRDO | 1.100% | 11/7/19 | | | 19,240 | | 19,240 | |
| Minneapolis & St. Paul MN Housing & Redevelopment Authority Health Care System Revenue (Allina Health System) VRDO | 1.370% | 11/1/19 | | LOC | 7,200 | | 7,200 | |
1 | Minnesota GO TOB VRDO | 1.150% | 11/7/19 | | | 3,510 | | 3,510 | |
19
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
| Minnesota Housing Finance Agency Residential Housing Revenue VRDO | 1.120% | 11/7/19 | | | 9,675 | | 9,675 | |
| Minnesota Housing Finance Agency Residential Housing Revenue VRDO | 1.170% | 11/7/19 | | | 13,150 | | 13,150 | |
| St. Paul MN Housing & Redevelopment Authority Revenue (Highland Ridge Project) VRDO | 1.110% | 11/7/19 | | LOC | 5,250 | | 5,250 | |
1 | Western Minnesota Municipal Power Agency Revenue TOB VRDO | 1.150% | 11/7/19 | | | 6,665 | | 6,665 | |
| | | | | | | | 90,620 | |
Mississippi (0.6%) | | | | | | | | |
| Mississippi Business Finance Corp. Gulf Opportunity Zone Industrial Development Revenue (Chevron USA Inc. Project) VRDO | 1.300% | 11/1/19 | | | 7,700 | | 7,700 | |
| Mississippi Business Finance Corp. Gulf Opportunity Zone Industrial Development Revenue (Chevron USA Inc. Project) VRDO | 1.110% | 11/7/19 | | | 4,850 | | 4,850 | |
| Mississippi Business Finance Corp. Gulf Opportunity Zone Industrial Development Revenue (Chevron USA Inc. Project) VRDO | 1.110% | 11/7/19 | | | 31,100 | | 31,100 | |
| Mississippi Development Bank Special Obligation Revenue (Harrison County Coliseum) VRDO | 1.130% | 11/7/19 | | LOC | 24,700 | | 24,700 | |
1 | Mississippi Hospital Equipment & Facilities Authority Revenue (Baptist Memorial Health Care Obligated Group) TOB VRDO | 1.170% | 11/7/19 | | LOC | 29,105 | | 29,105 | |
| Mississippi Hospital Equipment & Facilities Authority Revenue (North Mississippi Health Services) VRDO | 1.110% | 11/7/19 | | | 9,100 | | 9,100 | |
| | | | | | | | 106,555 | |
Missouri (1.6%) | | | | | | | | |
1 | BJC Healthcare Obligated Group Missouri Revenue TOB VRDO | 1.150% | 11/7/19 | | | 5,000 | | 5,000 | |
| Curators of the University of Missouri System Facilities Revenue CP | 1.300% | 11/4/19 | | | 18,700 | | 18,700 | |
| Curators of the University of Missouri System Facilities Revenue CP | 1.500% | 11/6/19 | | | 25,000 | | 25,000 | |
| Curators of the University of Missouri System Facilities Revenue CP | 1.300% | 1/6/20 | | | 34,640 | | 34,640 | |
| Curators of the University of Missouri System Facilities Revenue CP | 1.350% | 2/4/20 | | | 21,000 | | 21,000 | |
1 | Kansas City MO Water Revenue TOB PUT | 1.250% | 11/28/19 | | | 8,560 | | 8,560 | |
1 | Missouri Health & Educational Facilities Authority Health Facilities Revenue (BJC Health System) TOB VRDO | 1.150% | 11/7/19 | | | 7,500 | | 7,500 | |
1 | Missouri Health & Educational Facilities Authority Health Facilities Revenue (BJC Health System) TOB VRDO | 1.150% | 11/7/19 | | | 8,000 | | 8,000 | |
1 | Missouri Health & Educational Facilities Authority Health Facilities Revenue (Cox Health) TOB VRDO | 1.170% | 11/7/19 | | LOC | 7,530 | | 7,530 | |
1 | Missouri Health & Educational Facilities Authority Health Facilities Revenue (Mercy Health) TOB VRDO | 1.150% | 11/7/19 | | | 13,975 | | 13,975 | |
20
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
1 | Missouri Health & Educational Facilities Authority Health Facilities Revenue (Mercy Health) TOB VRDO | 1.150% | 11/7/19 | | | 4,170 | | 4,170 | |
1 | Missouri Health & Educational Facilities Authority Health Facilities Revenue (Mosaic Health System) TOB VRDO | 1.150% | 11/7/19 | | LOC | 7,325 | | 7,325 | |
1 | Missouri Health & Educational Facilities Authority Health Facilities Revenue (SSM Health System) TOB VRDO | 1.160% | 11/7/19 | | LOC | 14,000 | | 14,000 | |
| Missouri Health & Educational Facilities Authority Health Facilities Revenue (SSM Health System) VRDO | 1.310% | 11/1/19 | | | 6,705 | | 6,705 | |
1 | Missouri Health & Educational Facilities Authority Medical Research Facilities (Stowers Institute for Medical Research) VRDO | 1.180% | 11/7/19 | | LOC | 50,000 | | 50,000 | |
| Missouri Health & Educational Facilities Authority Revenue (Ascension Health Credit Group) VRDO | 1.130% | 11/7/19 | | | 12,845 | | 12,845 | |
1 | Missouri Health & Educational Facilities Authority Revenue (Washington University) TOB VRDO | 1.150% | 11/7/19 | | | 8,205 | | 8,205 | |
1 | Missouri Health & Educational Facilities Authority Revenue (Washington University) TOB VRDO | 1.150% | 11/7/19 | | | 6,665 | | 6,665 | |
| Missouri Highways & Transportation Commission Road Revenue | 5.000% | 5/1/20 | | | 19,290 | | 19,615 | |
1 | St. Louis MO Sewer & Wastewater Revenue TOB VRDO | 1.150% | 11/7/19 | | | 5,000 | | 5,000 | |
1 | St. Louis MO Sewer & Wastewater Revenue TOB VRDO | 1.150% | 11/7/19 | | | 8,010 | | 8,010 | |
| | | | | | | | 292,445 | |
Multiple States (11.3%) | | | | | | | | |
| BlackRock MuniYield Investment Fund Inc. VRDP VRDO | 1.240% | 11/7/19 | | | 13,000 | | 13,000 | |
1 | BlackRock MuniYield Quality Fund III Inc. VRDP VRDO | 1.270% | 11/7/19 | | LOC | 166,000 | | 166,000 | |
2 | Federal Home Loan Mortgage Corp. Multifamily Housing Revenue TOB VRDO | 1.140% | 11/7/19 | | LOC | 44,155 | | 44,155 | |
2 | Federal Home Loan Mortgage Corp. Multifamily Housing Revenue TOB VRDO | 1.150% | 11/7/19 | | LOC | 42,660 | | 42,660 | |
1,2 | Federal Home Loan Mortgage Corp. Multifamily Housing Revenue TOB VRDO | 1.160% | 11/7/19 | | LOC | 291,990 | | 291,990 | |
1,2 | Federal Home Loan Mortgage Corp. Multifamily Housing Revenue TOB VRDO | 1.170% | 11/7/19 | | LOC | 134,770 | | 134,770 | |
2 | Federal Home Loan Mortgage Corp. Multifamily Housing Revenue TOB VRDO | 1.170% | 11/7/19 | | LOC | 45,220 | | 45,220 | |
2 | Federal Home Loan Mortgage Corp. Multifamily Housing Revenue TOB VRDO | 1.170% | 11/7/19 | | LOC | 9,360 | | 9,360 | |
1,2 | Freddie Mac Multifamily Certificate TOB VRDO | 1.200% | 11/7/19 | | | 109,460 | | 109,460 | |
1 | Invesco Trust Putter TOB VRDO | 1.470% | 11/1/19 | | LOC | 127,500 | | 127,500 | |
1 | Nuveen AMT-Free Municipal Income Fund VRDP VRDO | 1.190% | 11/7/19 | | LOC | 7,000 | | 7,000 | |
21
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
1 | Nuveen AMT-Free Municipal Income Fund VRDP VRDO | 1.190% | 11/7/19 | | | 50,000 | | 50,000 | |
| Nuveen AMT-Free Municipal Income Fund VRDP VRDO | 1.190% | 11/7/19 | | | 74,000 | | 74,000 | |
1 | Nuveen AMT-Free Quality Municipal Income Fund VRDP VRDO | 1.170% | 11/7/19 | | LOC | 106,300 | | 106,300 | |
1 | Nuveen AMT-Free Quality Municipal Income Fund VRDP VRDO | 1.200% | 11/7/19 | | LOC | 35,000 | | 35,000 | |
1 | Nuveen Enhanced AMT-Free Municipal Credit Opportunities Fund VRDP VRDO | 1.190% | 11/7/19 | | LOC | 117,700 | | 117,700 | |
1 | Nuveen Enhanced AMT-Free Municipal Credit Opportunities Fund VRDP VRDO | 1.190% | 11/7/19 | | LOC | 127,800 | | 127,800 | |
1 | Nuveen Enhanced AMT-Free Municipal Credit Opportunities Fund VRDP VRDO | 1.190% | 11/7/19 | | | 172,000 | | 172,000 | |
1 | Nuveen Municipal Credit Income Fund VRDP VRDO | 1.240% | 11/7/19 | | LOC | 159,000 | | 159,000 | |
1 | Western Asset Intermediate Municipal Fund Inc. VRDP VRDO | 1.270% | 11/7/19 | | LOC | 18,200 | | 18,200 | |
1 | Western Asset Managed Municipals Fund Inc. VRDP VRDO | 1.270% | 11/7/19 | | LOC | 144,575 | | 144,575 | |
1 | Western Asset Municipal Partners Fund Inc. VRDP VRDO | 1.270% | 11/7/19 | | LOC | 50,200 | | 50,200 | |
| | | | | | | | 2,045,890 | |
Nebraska (1.2%) | | | | | | | | |
1 | Douglas County NE School District No. 1 GO TOB PUT | 1.240% | 1/2/20 | | | 8,910 | | 8,910 | |
| Lincoln NE Electric System Revenue CP | 1.310% | 11/13/19 | | | 32,750 | | 32,750 | |
1 | Nebraska Investment Finance Authority Single Family Housing Revenue TOB VRDO | 1.150% | 11/7/19 | | | 7,500 | | 7,500 | |
1 | Nebraska Investment Finance Authority Single Family Housing Revenue TOB VRDO | 1.150% | 11/7/19 | | | 7,460 | | 7,460 | |
| Nebraska Investment Finance Authority Single Family Housing Revenue VRDO | 1.180% | 11/7/19 | | | 20,215 | | 20,215 | |
| Nebraska Investment Finance Authority Single Family Housing Revenue VRDO | 1.180% | 11/7/19 | | | 23,000 | | 23,000 | |
1 | Nebraska Public Power Agency Revenue TOB VRDO | 1.150% | 11/7/19 | | (13) | 27,500 | | 27,500 | |
1 | Nebraska Public Power Generation Agency Revenue (Whelan Energy Center Unit 2) TOB VRDO | 1.150% | 11/7/19 | | (13) | 76,870 | | 76,870 | |
1 | Omaha NE Public Power District Electric Revenue TOB VRDO | 1.150% | 11/7/19 | | | 7,400 | | 7,400 | |
| | | | | | | | 211,605 | |
Nevada (1.2%) | | | | | | | | |
1 | Clark County NV GO TOB PUT | 1.240% | 12/19/19 | | | 8,635 | | 8,635 | |
1 | Clark County NV GO TOB PUT | 1.240% | 1/2/20 | | | 6,400 | | 6,400 | |
| Clark County NV GO VRDO | 1.170% | 11/7/19 | | | 13,955 | | 13,955 | |
| Clark County NV Passenger Facility Charge Revenue (Las Vegas McCarran International Airport) VRDO | 1.110% | 11/7/19 | | LOC | 13,810 | | 13,810 | |
1 | Clark NV GO TOB VRDO | 1.150% | 11/7/19 | | | 11,000 | | 11,000 | |
1 | Las Vegas NV Convention & Visitors Authority Revenue (Clark County) GO TOB VRDO | 1.150% | 11/7/19 | | | 6,840 | | 6,840 | |
1 | Las Vegas Valley Water District Nevada GO TOB VRDO | 1.150% | 11/7/19 | | LOC | 10,000 | | 10,000 | |
22
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
| Las Vegas Valley Water District Nevada GO CP | 1.350% | 11/4/19 | | | 5,000 | | 5,000 | |
| Las Vegas Valley Water District Nevada GO CP | 1.290% | 1/6/20 | | | 50,000 | | 50,000 | |
| Las Vegas Valley Water District Nevada GO CP | 1.370% | 2/4/20 | | | 23,590 | | 23,590 | |
1 | Las Vegas Valley Water District Nevada GO TOB VRDO | 1.150% | 11/7/19 | | | 16,500 | | 16,500 | |
1 | Las Vegas Valley Water District Nevada GO TOB VRDO | 1.150% | 11/7/19 | | | 22,475 | | 22,475 | |
1 | Las Vegas Valley Water District Nevada GO TOB VRDO | 1.160% | 11/7/19 | | | 7,185 | | 7,185 | |
| Nevada Highway Improvement Revenue (Motor Vehicle Fuel Tax) | 5.000% | 12/1/19 | | | 4,000 | | 4,010 | |
1 | Nevada Highway Improvement Revenue (Motor Vehicle Fuel Tax) TOB PUT | 1.240% | 12/5/19 | | | 11,800 | | 11,800 | |
| | | | | | | | 211,200 | |
New Hampshire (0.1%) | | | | | | | | |
| New Hampshire Health & Education Facilities Authority Revenue (University System of New Hampshire) VRDO | 1.300% | 11/1/19 | | | 15,100 | | 15,100 | |
| | | | | | | | | |
New Jersey (4.1%) | | | | | | | | |
| Bridgewater Township NJ BAN | 2.000% | 8/6/20 | | | 12,000 | | 12,058 | |
| Burlington County NJ Bridge Commission | 3.250% | 11/26/19 | | | 5,000 | | 5,004 | |
| Burlington County NJ GO | 2.500% | 5/7/20 | | | 15,000 | | 15,059 | |
| Cranford Township NJ BAN | 2.250% | 6/26/20 | | | 4,850 | | 4,873 | |
| Deptford Township NJ BAN | 2.000% | 7/17/20 | | | 5,878 | | 5,902 | |
| Fort Lee NJ BAN | 4.000% | 11/8/19 | | | 35,185 | | 35,197 | |
| Freehold NJ BAN | 4.000% | 11/5/19 | | | 2,772 | | 2,773 | |
4 | Freehold NJ BAN | 1.750% | 11/3/20 | | | 7,200 | | 7,233 | |
| Haddonfield NJ BAN | 2.250% | 2/20/20 | | | 14,774 | | 14,806 | |
| Howell Township NJ BAN | 2.000% | 10/9/20 | | | 24,342 | | 24,495 | |
| Hudson County NJ BAN | 4.000% | 12/10/19 | | | 10,000 | | 10,022 | |
| Hudson County NJ Improvement Authority Lease Revenue | 2.500% | 9/18/20 | | | 3,750 | | 3,785 | |
| Jefferson Township NJ BAN | 2.250% | 6/19/20 | | | 2,900 | | 2,914 | |
| Lakewood Township NJ BAN | 2.250% | 6/26/20 | | | 14,400 | | 14,463 | |
| Lawrence Township NJ BAN | 2.250% | 6/19/20 | | | 3,015 | | 3,029 | |
| Linden NJ BAN | 3.250% | 12/9/19 | | | 10,049 | | 10,060 | |
| Livingston NJ BAN | 3.000% | 2/4/20 | | | 5,300 | | 5,314 | |
| Livingston NJ BAN | 2.000% | 10/9/20 | | | 11,022 | | 11,093 | |
| Mahwah Township NJ BAN | 2.000% | 7/31/20 | | | 16,000 | | 16,074 | |
| Maplewood NJ BAN | 2.000% | 7/31/20 | | | 7,490 | | 7,523 | |
| Montclair NJ BAN | 3.500% | 11/1/19 | | | 6,000 | | 6,000 | |
| Montclair NJ BAN | 2.500% | 10/30/20 | | | 25,000 | | 25,308 | |
| Montclair Township NJ GO | 1.750% | 10/30/20 | | | 5,858 | | 5,886 | |
| Moorestown NJ BAN | 2.000% | 7/31/20 | | | 36,752 | | 36,923 | |
| Morris Plains NJ BAN | 2.250% | 6/26/20 | | | 9,747 | | 9,792 | |
| North Bergen NJ Township BAN | 2.500% | 4/30/20 | | | 21,000 | | 21,083 | |
| Parsippany-Troy Hills NJ BAN | 3.250% | 11/15/19 | | | 19,435 | | 19,444 | |
| Pequannock Township NJ BAN | 2.000% | 7/17/20 | | | 12,290 | | 12,337 | |
| Ridgewood NJ BAN | 1.750% | 8/14/20 | | | 32,727 | | 32,831 | |
| River Vale NJ GO | 1.750% | 7/17/20 | | | 6,000 | | 6,015 | |
| Rutgers State University New Jersey CP | 1.340% | 11/13/19 | | | 2,981 | | 2,981 | |
| Secaucus NJ BAN | 1.750% | 8/7/20 | | | 20,420 | | 20,477 | |
| South Brunswick Township NJ BAN | 1.750% | 9/30/20 | | | 14,986 | | 15,026 | |
23
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
| Teaneck NJ BAN | 1.750% | 8/7/20 | | | 9,269 | | 9,295 | |
| Union County NJ BAN | 2.250% | 6/19/20 | | | 90,000 | | 90,477 | |
| Union Township NJ BAN | 3.000% | 2/3/20 | | | 21,900 | | 21,959 | |
| Wall Township NJ BAN | 2.250% | 2/25/20 | | | 18,819 | | 18,866 | |
| Washington Township NJ Gloucester County BAN | 2.250% | 6/24/20 | | | 10,680 | | 10,732 | |
| West Caldwell NJ BAN | 3.500% | 12/13/19 | | | 14,800 | | 14,821 | |
| West Milford NJ BAN | 1.750% | 9/18/20 | | | 8,500 | | 8,535 | |
| Woodbridge Township NJ BAN | 3.000% | 3/20/20 | | | 22,000 | | 22,097 | |
| Woodbridge Township NJ BAN | 3.000% | 10/16/20 | | | 112,178 | | 114,096 | |
| | | | | | | | 736,658 | |
New Mexico (0.5%) | | | | | | | | |
1 | New Mexico Educational Assistance Foundation Revenue TOB VRDO | 1.190% | 11/7/19 | | LOC | 37,425 | | 37,425 | |
| New Mexico Hospital Equipment Loan Council Hospital System Revenue (Presbyterian Healthcare Services) VRDO | 1.180% | 11/7/19 | | | 52,885 | | 52,885 | |
| | | | | | | | 90,310 | |
New York (7.7%) | | | | | | | | |
| Bayport-Blue Point NY Union Free School District BAN | 2.250% | 7/17/20 | | | 8,235 | | 8,286 | |
1 | BlackRock MuniYield New York Quality Fund Inc. VRDP VRDO | 1.240% | 11/7/19 | | LOC | 67,700 | | 67,700 | |
| Clarkstown NY Central School District BAN | 2.250% | 7/24/20 | | | 15,990 | | 16,093 | |
| Connetquot NY Central School District of Islip TAN | 1.750% | 6/25/20 | | | 26,000 | | 26,080 | |
| Corning NY City School District BAN | 2.250% | 6/18/20 | | | 9,990 | | 10,040 | |
| East Meadow NY Union Free School District BAN | 2.250% | 6/19/20 | | | 8,500 | | 8,542 | |
| Half Hollow Hills NY Central School District TAN | 2.000% | 6/25/20 | | | 33,000 | | 33,163 | |
| Jefferson NY BAN | 3.000% | 11/1/19 | | | 6,500 | | 6,500 | |
| Liverpool NY Central School District BAN | 2.250% | 6/26/20 | | | 9,125 | | 9,172 | |
| New Rochelle NY City School District BAN | 2.000% | 6/26/20 | | | 45,000 | | 45,182 | |
| New York City NY GO VRDO | 1.100% | 11/7/19 | | LOC | 33,135 | | 33,135 | |
| New York City NY GO VRDO | 1.140% | 11/7/19 | | LOC | 1,475 | | 1,475 | |
| New York City NY Housing Development Corp. Multi-Family Housing Revenue (201 Pearl Street) VRDO | 1.130% | 11/7/19 | | LOC | 35,200 | | 35,200 | |
1 | New York City NY Housing Development Corp. Multi-Family Housing Revenue (Sustainable Neighborhood) TOB VRDO | 1.140% | 11/7/19 | | | 4,380 | | 4,380 | |
1 | New York City NY Housing Development Corp. Multi-Family Housing Revenue (Sustainable Neighborhood) TOB VRDO | 1.140% | 11/7/19 | | | 6,730 | | 6,730 | |
| New York City NY Housing Development Corp. Multi-Family Housing Revenue PUT | 1.300% | 5/1/20 | | | 33,330 | | 33,330 | |
| New York City NY Housing Development Corp. Multi-Family Rental Housing Revenue (2 Gold Street) VRDO | 1.130% | 11/7/19 | | LOC | 64,000 | | 64,000 | |
| New York City NY Housing Development Corp. Multi-Family Rental Housing Revenue (90 West Street) VRDO | 1.130% | 11/7/19 | | LOC | 24,200 | | 24,200 | |
24
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
| New York City NY Housing Development Corp. Multi-Family Rental Housing Revenue (Atlantic Court Apartments) VRDO | 1.160% | 11/7/19 | | LOC | 14,800 | | 14,800 | |
| New York City NY Housing Finance Agency Revenue (316 Eleventh Avenue) VRDO | 1.200% | 11/7/19 | | LOC | 53,870 | | 53,870 | |
| New York City NY Housing Finance Agency Revenue (Prospect Plaza) VRDO | 1.160% | 11/7/19 | | LOC | 3,500 | | 3,500 | |
1 | New York City NY Municipal Water Finance Authority Water & Sewer System Revenue TOB VRDO | 1.370% | 11/1/19 | | LOC | 2,800 | | 2,800 | |
1 | New York City NY Municipal Water Finance Authority Water & Sewer System Revenue TOB VRDO | 1.150% | 11/7/19 | | | 5,000 | | 5,000 | |
1 | New York City NY Municipal Water Finance Authority Water & Sewer System Revenue TOB VRDO | 1.150% | 11/7/19 | | | 16,800 | | 16,800 | |
1 | New York City NY Municipal Water Finance Authority Water & Sewer System Revenue TOB VRDO | 1.150% | 11/7/19 | | | 5,650 | | 5,650 | |
1 | New York City NY Municipal Water Finance Authority Water & Sewer System Revenue TOB VRDO | 1.150% | 11/7/19 | | | 28,000 | | 28,000 | |
| New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO | 1.310% | 11/1/19 | | | 8,870 | | 8,870 | |
| New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO | 1.340% | 11/1/19 | | | 7,840 | | 7,840 | |
| New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO | 1.080% | 11/7/19 | | | 21,100 | | 21,100 | |
| New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO | 1.110% | 11/7/19 | | | 15,625 | | 15,625 | |
1 | New York City NY Transitional Finance Authority Building Aid Revenue TOB VRDO | 1.140% | 11/7/19 | | | 2,510 | | 2,510 | |
1 | New York City NY Transitional Finance Authority Building Aid Revenue TOB VRDO | 1.150% | 11/7/19 | | | 10,535 | | 10,535 | |
1 | New York City NY Transitional Finance Authority Future Tax Revenue TOB VRDO | 1.150% | 11/7/19 | | | 6,200 | | 6,200 | |
1 | New York City NY Transitional Finance Authority Future Tax Revenue TOB VRDO | 1.150% | 11/7/19 | | | 1,500 | | 1,500 | |
1 | New York City NY Transitional Finance Authority Future Tax Revenue TOB VRDO | 1.150% | 11/7/19 | | | 6,000 | | 6,000 | |
| New York City NY Transitional Finance Authority Future Tax Revenue VRDO | 1.090% | 11/7/19 | | | 17,840 | | 17,840 | |
1 | New York City NY Transitional Finance Authority Future Tax Secured Revenue TOB VRDO | 1.140% | 11/7/19 | | | 8,405 | | 8,405 | |
1 | New York City NY Transitional Finance Authority Future Tax Secured Revenue TOB VRDO | 1.150% | 11/7/19 | | | 4,600 | | 4,600 | |
25
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
1 | New York City NY Transitional Finance Authority Future Tax Secured Revenue TOB VRDO | 1.150% | 11/7/19 | | | 6,965 | | 6,965 | |
1 | New York City NY Transitional Finance Authority Building Aid Revenue TOB VRDO | 1.140% | 11/7/19 | | | 4,000 | | 4,000 | |
| New York Liberty Development Corp. Revenue (Greenwich LLC) VRDO | 1.100% | 11/7/19 | | LOC | 7,700 | | 7,700 | |
1 | New York Liberty Development Corp. Revenue (Port Authority Consolidated Bonds) TOB VRDO | 1.170% | 11/7/19 | | | 22,200 | | 22,200 | |
| New York Metropolitan Transportation Authority Revenue VRDO | 1.140% | 11/7/19 | | LOC | 9,215 | | 9,215 | |
1 | New York State Dormitory Authority Revenue (Personal Income Tax) TOB VRDO | 1.150% | 11/7/19 | | | 5,000 | | 5,000 | |
1 | New York State Dormitory Authority Revenue (Personal Income Tax) TOB VRDO | 1.150% | 11/7/19 | | | 25,700 | | 25,700 | |
1 | New York State Dormitory Authority Revenue (Personal Income Tax) TOB VRDO | 1.150% | 11/7/19 | | | 1,875 | | 1,875 | |
1 | New York State Dormitory Authority Revenue (Personal Income Tax) TOB VRDO | 1.150% | 11/7/19 | | | 4,000 | | 4,000 | |
1 | New York State Dormitory Authority TOB VRDO | 1.140% | 11/7/19 | | | 20,245 | | 20,245 | |
1 | New York State Dormitory Authority TOB VRDO | 1.150% | 11/7/19 | | | 21,870 | | 21,870 | |
| New York State Energy Research & Development Authority Facilities Revenue (Consolidated Edison Co. of New York Inc.) VRDO | 1.170% | 11/7/19 | | LOC | 32,700 | | 32,700 | |
| New York State Housing Finance Agency Housing Revenue (1500 Lexington Avenue) VRDO | 1.160% | 11/7/19 | | LOC | 2,000 | | 2,000 | |
| New York State Housing Finance Agency Housing Revenue (20 River Terrace Housing) VRDO | 1.130% | 11/7/19 | | LOC | 41,900 | | 41,900 | |
| New York State Housing Finance Agency Housing Revenue (316 Eleventh Avenue) VRDO | 1.130% | 11/7/19 | | LOC | 26,400 | | 26,400 | |
| New York State Housing Finance Agency Housing Revenue (750 6th Avenue) VRDO | 1.160% | 11/7/19 | | LOC | 22,600 | | 22,600 | |
| New York State Housing Finance Agency Housing Revenue (Clinton Park Phase II) VRDO | 1.060% | 11/7/19 | | LOC | 20,300 | | 20,300 | |
| New York State Housing Finance Agency Housing Revenue (Clinton Park Phase II) VRDO | 1.100% | 11/7/19 | | LOC | 5,500 | | 5,500 | |
| New York State Housing Finance Agency Housing Revenue (East 84th Street) VRDO | 1.170% | 11/7/19 | | LOC | 16,900 | | 16,900 | |
| New York State Housing Finance Agency Revenue (1500 Lexington Associates LLC) VRDO | 1.160% | 11/7/19 | | LOC | 20,000 | | 20,000 | |
| New York State Housing Finance Agency Revenue (250 West 50th Street Project) VRDO | 1.160% | 11/7/19 | | LOC | 15,005 | | 15,005 | |
| New York State Housing Finance Agency Revenue (Service Contract) VRDO | 1.250% | 11/7/19 | | LOC | 1,205 | | 1,205 | |
26
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
| New York State Housing Finance Agency Revenue (Tower 31) VRDO | 1.160% | 11/7/19 | | LOC | 20,800 | | 20,800 | |
| New York State Housing Finance Agency Revenue (Union Square South Housing) VRDO | 1.160% | 11/7/19 | | LOC | 5,000 | | 5,000 | |
| New York State Housing Finance Agency Revenue VRDO | 1.140% | 11/7/19 | | LOC | 13,700 | | 13,700 | |
| New York State Housing Finance Agency Revenue VRDO | 1.160% | 11/7/19 | | | 4,000 | | 4,000 | |
| New York State Local Government Assistance Corp. Revenue VRDO | 1.130% | 11/7/19 | | | 19,585 | | 19,585 | |
| New York State Mortgage Agency Homeowner Mortgage Revenue VRDO | 1.170% | 11/7/19 | | | 35,000 | | 35,000 | |
| New York State Urban Development Corp. Revenue (Service Contract) VRDO | 1.100% | 11/7/19 | | | 21,035 | | 21,035 | |
1 | New York State Urban Development Corp. TOB VRDO | 1.140% | 11/7/19 | | | 13,230 | | 13,230 | |
1 | Nuveen New York AMT-Free Quality Municipal Income Fund VRDP VRDO | 1.160% | 11/7/19 | | LOC | 21,200 | | 21,200 | |
1 | Nuveen New York AMT-Free Quality Municipal Income Fund VRDP VRDO | 1.170% | 11/7/19 | | LOC | 10,000 | | 10,000 | |
1 | Nuveen New York AMT-Free Quality Municipal Income Fund VRDP VRDO | 1.170% | 11/7/19 | | LOC | 8,500 | | 8,500 | |
1 | Nuveen New York AMT-Free Quality Municipal Income Fund VRDP VRDO | 1.170% | 11/7/19 | | LOC | 34,200 | | 34,200 | |
1 | Nuveen New York Quality Municipal Fund VRDP VRDO | 1.230% | 11/7/19 | | LOC | 33,700 | | 33,700 | |
| Oceanside NY Union Free School District GO | 2.000% | 6/25/20 | | | 9,250 | | 9,288 | |
1 | Port Authority of New York & New Jersey Revenue TOB VRDO | 1.130% | 11/7/19 | | | 2,620 | | 2,620 | |
1 | Port Authority of New York & New Jersey Revenue TOB VRDO | 1.130% | 11/7/19 | | | 7,320 | | 7,320 | |
1 | Port Authority of New York & New Jersey Revenue TOB VRDO | 1.130% | 11/7/19 | | | 9,750 | | 9,750 | |
1 | Port Authority of New York & New Jersey Revenue TOB VRDO | 1.160% | 11/7/19 | | | 5,000 | | 5,000 | |
| Scarsdale NY Union Free School District BAN | 2.250% | 6/26/20 | | | 10,250 | | 10,305 | |
| Sewanhaka NY Central High School District of Elmont TAN | 2.000% | 6/22/20 | | | 7,500 | | 7,526 | |
1 | Triborough Bridge & Tunnel Authority New York TOB VRDO | 1.140% | 11/7/19 | | | 14,000 | | 14,000 | |
1 | Utility Debt Securitization Authority New York Revenue TOB VRDO | 1.150% | 11/7/19 | | | 37,500 | | 37,500 | |
| Webster NY Central School District BAN | 2.250% | 6/26/20 | | | 10,000 | | 10,053 | |
| West Islip NY Union Free School District BAN | 2.250% | 6/22/20 | | | 9,500 | | 9,555 | |
| West Islip NY Union Free School District BAN | 2.250% | 7/22/20 | | | 18,685 | | 18,805 | |
| Westbury NY Union Free School District GO | 2.500% | 4/29/20 | | | 9,500 | | 9,538 | |
| | | | | | | | 1,399,143 | |
North Carolina (1.3%) | | | | | | | | |
1 | Appalachian State University North Carolina TOB PUT | 1.250% | 11/21/19 | | | 12,250 | | 12,250 | |
1 | Charlotte-Mecklenburg NC Hospital Authority Health Care System Revenue (Carolinas HealthCare System) TOB VRDO | 1.150% | 11/7/19 | | | 7,495 | | 7,495 | |
27
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
| Charlotte-Mecklenburg NC Hospital Authority Health Care System Revenue (Carolinas Health Care System) VRDO | 1.100% | 11/7/19 | | | 14,750 | | 14,750 | |
1 | Mecklenburg County NC GO TOB PUT | 1.240% | 12/12/19 | | | 5,600 | | 5,600 | |
| Mecklenburg NC GO | 5.000% | 12/1/19 | | | 7,980 | | 8,000 | |
| North Carolina Capital Facilities Finance Agency (Duke University Project) CP | 1.350% | 12/17/19 | | | 17,602 | | 17,602 | |
| North Carolina Capital Facilities Finance Agency (Duke University Project) CP | 1.420% | 3/4/20 | | | 6,262 | | 6,262 | |
1 | North Carolina Capital Facilities Finance Agency Revenue (Duke University Project) TOB VRDO | 1.140% | 11/7/19 | | | 22,065 | | 22,065 | |
1 | North Carolina Capital Facilities Finance Agency Revenue (Duke University Project) TOB VRDO | 1.150% | 11/7/19 | | | 1,901 | | 1,900 | |
1 | North Carolina Capital Facilities Finance Agency Revenue (Duke University Project) TOB VRDO | 1.150% | 11/7/19 | | | 2,285 | | 2,285 | |
1 | North Carolina Housing Finance Agency Homeownership Revenue TOB VRDO | 1.150% | 11/7/19 | | | 1,835 | | 1,835 | |
1 | North Carolina Housing Finance Agency Homeownership Revenue TOB VRDO | 1.150% | 11/7/19 | | | 1,905 | | 1,905 | |
1 | North Carolina Housing Finance Agency TOB VRDO | 1.150% | 11/7/19 | | | 7,345 | | 7,345 | |
| North Carolina Medical Care Commission Health Care Facilities Revenue (Lenoir Memorial Hospital Project) VRDO | 1.150% | 11/7/19 | | LOC | 13,605 | | 13,605 | |
1 | North Carolina Medical Care Commission Health Care Facilities Revenue (Novant Health Obligated Group) TOB VRDO | 1.140% | 11/7/19 | | | 5,030 | | 5,030 | |
1 | North Carolina Medical Care Commission Health Care Facilities Revenue (Novant Health Obligated Group) TOB VRDO | 1.150% | 11/7/19 | | | 4,140 | | 4,140 | |
1 | North Carolina Medical Care Commission Health Care Facilities Revenue (Novant Health Obligated Group) TOB VRDO | 1.150% | 11/7/19 | | | 6,190 | | 6,190 | |
1 | North Carolina Medical Care Commission Health Care Facilities Revenue (Novant Health Obligated Group) TOB VRDO | 1.150% | 11/7/19 | | | 3,750 | | 3,750 | |
1 | North Carolina Medical Care Commission Health Care Facilities Revenue (Novant Health Obligated Group) TOB VRDO | 1.150% | 11/7/19 | | | 14,000 | | 14,000 | |
3 | North Carolina Medical Care Commission Hospital Revenue (Moses Cone Health System) PUT, SIFMA Municipal Swap Index Yield + 0.350% | 1.470% | 5/28/20 | | | 18,770 | | 18,770 | |
| North Carolina Public Improvement GO | 5.000% | 6/1/20 | | | 29,750 | | 30,388 | |
1 | North Carolina Public Improvement GO TOB PUT | 1.240% | 12/26/19 | | | 7,500 | | 7,500 | |
1 | North Carolina Revenue TOB VRDO | 1.150% | 11/7/19 | | | 6,800 | | 6,800 | |
1 | North Carolina Turnpike Authority Revenue TOB VRDO | 1.150% | 11/7/19 | | | 8,455 | | 8,455 | |
1 | Union County NC Enterprise System Revenue TOB PUT | 1.240% | 11/29/19 | | | 7,830 | | 7,830 | |
| | | | | | | | 235,752 | |
28
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
North Dakota (0.0%) | | | | | | | | |
1 | North Dakota Housing Finance Agency Revenue TOB VRDO | 1.150% | 11/7/19 | | | 7,205 | | 7,205 | |
| | | | | | | | | |
Ohio (3.2%) | | | | | | | | |
| Akron OH Bath & Copley Joint Township Hospital District Revenue (Concordia of Ohio) VRDO | 1.150% | 11/7/19 | | LOC | 5,240 | | 5,240 | |
| Akron OH Bath & Copley Joint Township Hospital District Revenue (Summa Health System Obligated Group) VRDO | 1.110% | 11/7/19 | | LOC | 20,000 | | 20,000 | |
| Akron OH Income Tax Revenue | 3.500% | 12/10/19 | | | 24,000 | | 24,034 | |
1 | Allen County OH Hospital Facilities Revenue (Mercy Health) TOB VRDO | 1.150% | 11/7/19 | | LOC | 12,800 | | 12,800 | |
| American Municipal Power Ohio Inc. Revenue | 2.500% | 6/25/20 | | | 3,750 | | 3,773 | |
1 | Cincinnati OH City School District GO TOB VRDO | 1.150% | 11/7/19 | | | 5,000 | | 5,000 | |
1 | Cleveland OH Department of Public Utilities Division of Water TOB VRDO | 1.150% | 11/7/19 | | LOC | 17,150 | | 17,150 | |
| Cleveland-Cuyahoga County OH Port Authority Revenue (Cleveland Museum of Art Project) VRDO | 1.110% | 11/7/19 | | | 7,900 | | 7,900 | |
| Cleveland-Cuyahoga County OH Port Authority Revenue (Cleveland Museum of Art Project) VRDO | 1.140% | 11/7/19 | | | 18,000 | | 18,000 | |
| Columbus OH Regional Airport Authority Airport Revenue (OASBO Expanded Asset Program) VRDO | 1.110% | 11/7/19 | | LOC | 13,730 | | 13,730 | |
| Columbus OH Regional Airport Authority Airport Revenue (OASBO Expanded Asset Program) VRDO | 1.110% | 11/7/19 | | LOC | 8,065 | | 8,065 | |
| Columbus OH Regional Airport Authority Revenue (Pooled Financing Program) VRDO | 1.110% | 11/7/19 | | LOC | 5,480 | | 5,480 | |
1 | Erie County OH Hospital Facilities Revenue (Firelands Regional Medical Center Project) TOB VRDO | 1.170% | 11/7/19 | | LOC | 33,695 | | 33,695 | |
1 | Euclid OH City School District GO TOB VRDO | 1.150% | 11/7/19 | | LOC | 11,200 | | 11,200 | |
1 | Franklin County OH Hospital Facilities Revenue (OhioHealth Corp.) TOB VRDO | 1.160% | 11/7/19 | | | 2,665 | | 2,665 | |
| Franklin County OH Hospital Facilities Revenue (OhioHealth Corp.) VRDO | 1.120% | 11/7/19 | | | 17,450 | | 17,450 | |
| Franklin County OH Hospital Facilities Revenue (US Health Corp. of Columbus) VRDO | 1.130% | 11/7/19 | | LOC | 2,490 | | 2,490 | |
| Franklin County OH Hospital Revenue (Nationwide Children’s Hospital Project) VRDO | 1.080% | 11/7/19 | | | 21,205 | | 21,205 | |
| Franklin County OH Revenue VRDO | 1.100% | 11/7/19 | | | 1,865 | | 1,865 | |
| Hamilton County OH Hospital Facilities Revenue (Cincinnati Children’s Hospital Medical Center) VRDO Municipal Swap Index Yield + 0.000% | 1.110% | 11/7/19 | | | 13,505 | | 13,505 | |
1 | Hamilton County OH Sewer System Revenue TOB VRDO | 1.150% | 11/7/19 | | | 12,750 | | 12,750 | |
| Independence OH BAN | 3.000% | 12/4/19 | | | 12,300 | | 12,309 | |
29
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
| Lake County OH Building Facilities Improvements BAN | 3.000% | 1/16/20 | | | 4,000 | | 4,007 | |
| Lorain County OH BAN | 3.000% | 2/7/20 | | | 4,730 | | 4,743 | |
1 | Miami County OH Hospital Facilities Revenue (Kettering Health Network) TOB VRDO | 1.150% | 11/7/19 | | LOC | 3,000 | | 3,000 | |
1 | Montgomery County OH Hospital Revenue (Kettering Health Network) TOB VRDO | 1.150% | 11/7/19 | | LOC | 19,200 | | 19,200 | |
1 | Northeast Ohio Regional Sewer District Revenue (Wastewater Revenue Improvement) TOB VRDO | 1.150% | 11/7/19 | | | 6,800 | | 6,800 | |
1 | Northeast Ohio Regional Sewer District Revenue TOB PUT | 1.240% | 12/12/19 | | | 4,580 | | 4,580 | |
1 | Northeast Ohio Regional Sewer District Revenue TOB VRDO | 1.150% | 11/7/19 | | | 3,750 | | 3,750 | |
| Ohio Common Schools GO | 5.000% | 9/15/20 | | | 20,020 | | 20,659 | |
| Ohio Higher Educational Facility Commission Revenue (Cleveland Clinic Health System Obligated Group) CP | 1.330% | 11/1/19 | | | 17,495 | | 17,495 | |
| Ohio Higher Educational Facility Commission Revenue (Cleveland Clinic Health System Obligated Group) CP | 1.350% | 11/21/19 | | | 37,000 | | 37,000 | |
| Ohio Higher Educational Facility Commission Revenue (Cleveland Clinic Health System Obligated Group) VRDO | 1.330% | 11/1/19 | | | 12,000 | | 12,000 | |
| Ohio Higher Educational Facility Commission Revenue (Cleveland Clinic Health System Obligated Group) CP | 1.370% | 1/3/20 | | | 36,650 | | 36,650 | |
1 | Ohio Housing Finance Agency Residential Mortgage Revenue TOB VRDO | 1.150% | 11/7/19 | | | 5,550 | | 5,550 | |
| Ohio Housing Finance Agency Residential Mortgage Revenue VRDO | 1.160% | 11/7/19 | | | 28,735 | | 28,735 | |
| Ohio State University General Receipts Revenue CP | 1.280% | 12/4/19 | | | 17,180 | | 17,180 | |
| Ohio State University General Receipts Revenue CP | 1.350% | 1/15/20 | | | 16,630 | | 16,630 | |
| Ohio State University General Receipts Revenue CP | 1.390% | 2/5/20 | | | 11,150 | | 11,150 | |
1 | Ohio State University General Receipts Revenue TOB VRDO | 1.180% | 11/7/19 | | | 5,750 | | 5,750 | |
1 | Ohio State University General Receipts Revenue TOB VRDO | 1.180% | 11/7/19 | | | 5,750 | | 5,750 | |
1,3 | Ohio University General Receipts Revenue TOB PUT, SIFMA Municipal Swap Index Yield + 0.200% | 1.320% | 12/2/19 | | LOC | 5,000 | | 5,000 | |
| Ohio Water Development Authority Pollution Control Revenue (Water Quality) VRDO | 1.090% | 11/7/19 | | | 25,000 | | 25,000 | |
| Strongsville OH BAN | 2.500% | 6/25/20 | | | 4,100 | | 4,125 | |
1 | Toledo OH Waterworks Revenue TOB VRDO | 1.200% | 11/7/19 | | | 8,000 | | 8,000 | |
1 | Worthington OH City School District GO TOB VRDO | 1.160% | 11/7/19 | | | 7,930 | | 7,930 | |
| | | | | | | | 580,990 | |
Oklahoma (0.0%) | | | | | | | | |
1 | Oklahoma Turnpike Authority Revenue | | | | | | | | |
| TOB VRDO | 1.150% | 11/7/19 | | | 7,500 | | 7,500 | |
30
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
Oregon (1.0%) | | | | | | | | |
1 | Clackamas County OR School District No. 7J Lake Oswego GO TOB PUT | 1.240% | 12/26/19 | | | 13,100 | | 13,100 | |
1 | Multnomah & Clackamas Counties OR School District GO TOB VRDO | 1.150% | 11/7/19 | | LOC | 4,750 | | 4,750 | |
| Oregon Facilities Authority Revenue (Reed College Projects) VRDO | 1.140% | 11/7/19 | | | 34,880 | | 34,880 | |
1 | Oregon Housing & Community Service Department Single Family Mortgage Revenue TOB VRDO | 1.200% | 11/7/19 | | | 780 | | 780 | |
| Oregon Housing & Community Service Department Single Family Mortgage Revenue VRDO | 1.120% | 11/7/19 | | | 13,140 | | 13,140 | |
| Oregon Housing & Community Service Department Single Family Mortgage Revenue VRDO | 1.130% | 11/7/19 | | | 32,255 | | 32,255 | |
| Oregon Housing & Community Service Department Single Family Mortgage Revenue VRDO | 1.170% | 11/7/19 | | | 15,000 | | 15,000 | |
| Oregon Housing & Community Service Department Single Family Mortgage Revenue VRDO | 1.230% | 11/7/19 | | | 44,000 | | 44,000 | |
1 | Oregon Housing & Community Services Department Mortgage Revenue TOB VRDO | 1.150% | 11/7/19 | | | 9,940 | | 9,940 | |
1 | Portland OR Water System Revenue TOB PUT | 1.240% | 12/5/19 | | | 9,500 | | 9,500 | |
| Salem OR Hospital Facility Authority Revenue (Salem Hospital Project) VRDO | 1.100% | 11/7/19 | | LOC | 6,985 | | 6,985 | |
1 | Washington & Clackamas Counties OR School District No. 23J Tigard-Tualatin GO VRDO | 1.150% | 11/7/19 | | LOC | 5,000 | | 5,000 | |
| | | | | | | | 189,330 | |
Pennsylvania (1.0%) | | | | | | | | |
1 | Allegheny County PA Hospital Development Authority Revenue (University of Pittsburgh Medical Center) TOB VRDO | 1.370% | 11/1/19 | | LOC | 14,400 | | 14,400 | |
| Northampton County PA General Purpose Authority University Revenue (Lafayette College) VRDO | 1.050% | 11/7/19 | | | 10,490 | | 10,490 | |
1 | Pennsylvania Higher Educational Facilities Authority Revenue (Presbyterian Medical Center) TOB VRDO | 1.150% | 11/7/19 | | (Prere.) | 7,200 | | 7,200 | |
1 | Pennsylvania Higher Educational Facilities Authority Revenue (University of Pennsylvania Health System) TOB VRDO | 1.140% | 11/7/19 | | | 2,595 | | 2,595 | |
1 | Pennsylvania Housing Finance Agency Single Family Mortgage Revenue TOB VRDO | 1.150% | 11/7/19 | | | 1,135 | | 1,135 | |
| Pennsylvania Housing Finance Agency Single Family Mortgage Revenue VRDO | 1.160% | 11/7/19 | | | 24,275 | | 24,275 | |
| Pennsylvania Housing Finance Agency Single Family Mortgage Revenue VRDO | 1.160% | 11/7/19 | | | 6,665 | | 6,665 | |
| Pennsylvania Turnpike Commission Revenue TOB VRDO | 1.100% | 11/7/19 | | LOC | 45,000 | | 45,000 | |
1 | Pennsylvania Turnpike Commission Revenue TOB VRDO | 1.150% | 11/7/19 | | LOC | 60,000 | | 60,000 | |
| Philadelphia PA Gas Works Revenue VRDO | 1.100% | 11/7/19 | | LOC | 10,000 | | 10,000 | |
| | | | | | | | 181,760 | |
31
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
Rhode Island (0.0%) | | | | | | | | |
| Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue (Rhode Island School of Design) VRDO | 1.100% | 11/7/19 | | LOC | 4,555 | | 4,555 | |
| | | | | | | | | |
South Carolina (3.4%) | | | | | | | | |
1 | Berkeley County SC School District GO TOB PUT | 1.250% | 11/14/19 | | | 4,845 | | 4,845 | |
| Charleston County SC School District BAN | 4.000% | 5/13/20 | | | 135,785 | | 137,491 | |
1 | Charleston SC Waterworks & Sewer Capital Improvement Revenue TOB VRDO | 1.150% | 11/7/19 | | | 11,000 | | 11,000 | |
1 | Columbia SC Waterworks & Sewer System Revenue TOB PUT | 1.240% | 1/9/20 | | | 14,900 | | 14,900 | |
| Georgetown County SC School District GO | 3.000% | 6/19/20 | | | 50,000 | | 50,499 | |
| Greenville County SC School District GO | 4.000% | 6/1/20 | | | 71,130 | | 72,272 | |
1 | Lancaster County SC School District TOB PUT | 1.250% | 12/5/19 | | | 5,495 | | 5,495 | |
1 | Lexington County SC School District No.1 GO TOB PUT | 1.240% | 1/30/20 | | | 6,000 | | 6,000 | |
1 | McLeod Health Obligated Group South Carolina TOB VRDO | 1.150% | 11/7/19 | | | 7,795 | | 7,795 | |
| South Carolina Association of Governmental Organizations COP | 2.000% | 3/2/20 | | | 45,385 | | 45,490 | |
| South Carolina Association of Governmental Organizations COP | 2.000% | 3/2/20 | | | 65,341 | | 65,414 | |
| South Carolina Educational Facilities Authority Revenue (Columbia College) VRDO | 1.160% | 11/7/19 | | LOC | 2,800 | | 2,800 | |
1 | South Carolina Jobs Economic Development Authority Hospital Revenue (Palmetto Health) PUT | 1.170% | 11/7/19 | | LOC | 30,750 | | 30,750 | |
1 | South Carolina Jobs Economic Development Authority Hospital Revenue (Prisma Health) TOB VRDO | 1.170% | 11/7/19 | | LOC | 6,955 | | 6,955 | |
| South Carolina Jobs Economic Development Authority Revenue (Heathwood Hall Episcopal School) VRDO | 1.160% | 11/7/19 | | LOC | 900 | | 900 | |
1 | South Carolina Ports Authority Revenue TOB VRDO | 1.200% | 11/7/19 | | LOC | 4,405 | | 4,405 | |
1,3 | South Carolina Transportation Infrastructure Revenue TOB PUT, SIFMA Municipal Swap Index Yield + 0.200% | 1.320% | 4/1/20 | | LOC | 5,000 | | 5,000 | |
| Spartanburg County SC School District No. 6 BAN | 2.500% | 9/24/20 | | | 24,000 | | 24,242 | |
| Spartanburg SC School District BAN | 5.000% | 11/15/19 | | | 114,730 | | 114,860 | |
| | | | | | | | 611,113 | |
South Dakota (0.0%) | | | | | | | | |
1 | South Dakota Housing Development Authority Revenue TOB VRDO | 1.150% | 11/7/19 | | | 4,900 | | 4,900 | |
| | | | | | | | | |
Tennessee (3.8%) | | | | | | | | |
| Blount County & Alcoa & Maryville TN Industrial Development Board Revenue (Local Government Public Improvement) VRDO | 1.170% | 11/7/19 | | LOC | 7,090 | | 7,090 | |
| Blount County TN Public Building Authority Revenue (Local Government Public Improvement) VRDO | 1.170% | 11/7/19 | | | 18,485 | | 18,485 | |
32
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
| Blount County TN Public Building Authority Revenue (Local Government Public Improvement) VRDO | 1.170% | 11/7/19 | | LOC | 8,660 | | 8,660 | |
| Blount County TN Public Building Authority Revenue (Local Government Public Improvement) VRDO | 1.170% | 11/7/19 | | | 13,025 | | 13,025 | |
| Clarksville TN Public Building Authority Revenue (Pooled Financing) VRDO | 1.330% | 11/1/19 | | LOC | 8,455 | | 8,455 | |
| Greeneville TN Health & Educational Facilities Board Hospital Revenue (Ballad Health) VRDO | 1.100% | 11/7/19 | | LOC | 97,480 | | 97,480 | |
| Memphis TN CP | 1.470% | 12/5/19 | | | 6,250 | | 6,250 | |
1 | Memphis TN GO TOB VRDO | 1.150% | 11/7/19 | | LOC | 5,000 | | 5,000 | |
1 | Memphis TN GO TOB VRDO | 1.150% | 11/7/19 | | | 8,075 | | 8,075 | |
| Metropolitan Government of Nashville & Davidson County TN GO CP | 1.350% | 11/4/19 | | | 8,400 | | 8,400 | |
| Metropolitan Government of Nashville & Davidson County TN GO CP | 1.350% | 11/4/19 | | | 7,700 | | 7,700 | |
| Metropolitan Government of Nashville & Davidson County TN GO CP | 1.290% | 1/6/20 | | | 25,000 | | 25,000 | |
| Metropolitan Government of Nashville & Davidson County TN GO CP | 1.430% | 1/7/20 | | | 25,000 | | 25,000 | |
| Metropolitan Government of Nashville & Davidson County TN GO CP | 1.370% | 2/3/20 | | | 12,500 | | 12,500 | |
| Metropolitan Government of Nashville & Davidson County TN GO CP | 1.370% | 2/3/20 | | | 10,000 | | 10,000 | |
| Metropolitan Government of Nashville & Davidson County TN GO CP | 1.370% | 2/4/20 | | | 25,000 | | 25,000 | |
| Metropolitan Government of Nashville & Davidson County TN GO (Extendible) CP | 1.400% | 5/17/20 | | | 25,000 | | 25,000 | |
| Metropolitan Government of Nashville & Davidson County TN GO CP | 1.400% | 11/20/19 | | LOC | 8,000 | | 8,000 | |
| Metropolitan Government of Nashville & Davidson County TN GO CP | 1.350% | 12/4/19 | | LOC | 6,000 | | 6,000 | |
1 | Metropolitan Government of Nashville & Davidson County TN GO TOB VRDO | 1.140% | 11/7/19 | | | 7,500 | | 7,500 | |
| Montgomery County TN Public Building Authority Pooled Financial Revenue (Tennessee County Loan Pool) VRDO | 1.330% | 11/1/19 | | LOC | 4,915 | | 4,915 | |
1 | Rutherford County TN Health & Educational Facilities Board Revenue (Ascension Health Credit Group) TOB VRDO | 1.150% | 11/7/19 | | | 6,250 | | 6,250 | |
| Sevier County TN Public Building Authority Local Government Public Improvement Revenue VRDO | 1.170% | 11/7/19 | | | 37,700 | | 37,700 | |
| Sevier County TN Public Building Authority Local Government Public Improvement Revenue VRDO | 1.170% | 11/7/19 | | LOC | 11,100 | | 11,100 | |
| Shelby County TN GO VRDO | 1.120% | 11/7/19 | | | 106,300 | | 106,300 | |
1 | Sullivan County TN Health Educational & Housing Facilities Board Hospital Revenue (Wellmont Health System Project) TOB VRDO | 1.170% | 11/7/19 | | LOC | 72,465 | | 72,465 | |
| Tennessee GO CP | 1.270% | 11/6/19 | | | 24,974 | | 24,974 | |
| Tennessee GO CP | 1.300% | 11/13/19 | | | 3,000 | | 3,000 | |
33
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
| Tennessee GO CP | 1.220% | 1/22/20 | | | 36,096 | | 36,096 | |
1 | Tennessee Housing Development Agency Residential Finance Program Revenue TOB VRDO | 1.150% | 11/7/19 | | | 7,405 | | 7,405 | |
1 | Tennessee Housing Development Agency Residential Finance Program Revenue TOB VRDO | 1.150% | 11/7/19 | | | 7,440 | | 7,440 | |
1 | Tennessee Housing Development Agency Residential Finance Program Revenue TOB VRDO | 1.150% | 11/7/19 | | | 7,445 | | 7,445 | |
1 | Tennessee Housing Development Agency Residential Finance Program Revenue TOB VRDO | 1.150% | 11/7/19 | | | 10,970 | | 10,970 | |
1 | Tennessee School Bond Authority Higher Educational Facilities Revenue (2nd Program) TOB VRDO | 1.160% | 11/7/19 | | | 19,040 | | 19,040 | |
| | | | | | | | 687,720 | |
Texas (16.5%) | | | | | | | | |
1 | Agency Enhanced Affordable Housing Trust Texas Revenue TOB VRDO | 1.320% | 11/7/19 | | | 64,115 | | 64,115 | |
1 | Alamo Regional Mobility Authority Texas Revenue TOB VRDO | 1.180% | 11/7/19 | | | 7,500 | | 7,500 | |
1 | Aldine TX Independent School District GO TOB VRDO | 1.140% | 11/7/19 | | | 8,205 | | 8,205 | |
| Austin TX Combined Utility System Revenue CP | 1.180% | 11/5/19 | | | 10,690 | | 10,690 | |
1 | Austin TX Electric Utility System Revenue TOB PUT | 1.250% | 11/14/19 | | | 7,245 | | 7,245 | |
1 | Austin TX Independent School District GO TOB VRDO | 1.150% | 11/7/19 | | LOC | 15,225 | | 15,225 | |
1 | Bexar County TX GO TOB VRDO | 1.150% | 11/7/19 | | LOC | 5,000 | | 5,000 | |
1 | Bexar TX Hospital District GO TOB VRDO | 1.160% | 11/7/19 | | | 11,480 | | 11,480 | |
| Board of Regents of the Texas A&M University System Revenue Financing System Revenue CP | 1.580% | 11/5/19 | | | 17,500 | | 17,500 | |
| Board of Regents of the Texas A&M University System Revenue Financing System Revenue CP | 1.280% | 12/4/19 | | | 15,300 | | 15,300 | |
| Board of Regents of the Texas A&M University System Revenue Financing System Revenue CP | 1.350% | 3/3/20 | | | 23,800 | | 23,800 | |
1 | Corpus Christi TX Independent School District GO TOB VRDO | 1.150% | 11/7/19 | | LOC | 5,265 | | 5,265 | |
1 | Corsicana TX Independent School District GO VRDO | 1.150% | 11/7/19 | | LOC | 9,410 | | 9,410 | |
| Dallas TX Area Rapid Transit Sales Tax Revenue CP | 1.370% | 12/2/19 | | | 16,500 | | 16,500 | |
1 | Dallas TX Area Rapid Transit Sales Tax Revenue TOB VRDO | 1.150% | 11/7/19 | | | 5,500 | | 5,500 | |
1 | Dallas TX GO TOB VRDO | 1.150% | 11/7/19 | | | 9,420 | | 9,420 | |
1 | Dallas TX GO TOB VRDO | 1.150% | 11/7/19 | | LOC | 4,780 | | 4,780 | |
| Dallas TX Waterworks & Sewer System Revenue CP | 1.470% | 11/7/19 | | | 37,750 | | 37,750 | |
34
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
| Dallas TX Waterworks & Sewer System Revenue CP | 1.330% | 12/5/19 | | | 27,300 | | 27,300 | |
1 | Denton TX GO TOB VRDO | 1.150% | 11/7/19 | | LOC | 8,980 | | 8,980 | |
| Denton TX Independent School District GO VRDO | 1.130% | 11/7/19 | | | 27,205 | | 27,205 | |
1 | Denton TX Independent School District TOB VRDO | 1.150% | 11/7/19 | | | 3,750 | | 3,750 | |
1 | Duncanville TX Independent School District GO TOB VRDO | 1.150% | 11/7/19 | | LOC | 9,500 | | 9,500 | |
1 | El Paso TX GO TOB VRDO | 1.150% | 11/7/19 | | LOC | 7,000 | | 7,000 | |
1 | El Paso TX GO TOB VRDO | 1.150% | 11/7/19 | | LOC | 4,750 | | 4,750 | |
| Garland TX Electric Utility System Revenue CP | 1.350% | 11/1/19 | | LOC | 8,500 | | 8,500 | |
1 | Grand Parkway Transportation Corp. Texas System Toll Revenue TOB VRDO | 1.150% | 11/7/19 | | | 23,145 | | 23,145 | |
1 | Grand Parkway Transportation Corp. Texas System Toll Revenue TOB VRDO | 1.150% | 11/7/19 | | | 17,820 | | 17,820 | |
1 | Grand Parkway Transportation Corp. Texas TOB VRDO | 1.160% | 11/7/19 | | | 19,765 | | 19,765 | |
1 | Grand Parkway Transportation Corp. Texas TOB VRDO | 1.150% | 11/7/19 | | | 8,625 | | 8,625 | |
| Gulf Coast Waste Disposal Authority Texas VRDO | 1.300% | 11/1/19 | | | 8,200 | | 8,200 | |
1 | Harris County TX Cultural Education Facilities Finance Corp. Revenue (Baylor College of Medicine) TOB VRDO | 1.170% | 11/7/19 | | LOC | 12,600 | | 12,600 | |
1 | Harris County TX Cultural Education Facilities Finance Corp. Revenue (Baylor College of Medicine) TOB VRDO | 1.170% | 11/7/19 | | LOC | 11,055 | | 11,055 | |
| Harris County TX Cultural Education Facilities Finance Corp. Revenue (Memorial Hermann Health System) CP | 1.350% | 11/4/19 | | | 36,840 | | 36,840 | |
| Harris County TX Cultural Education Facilities Finance Corp. Revenue (Memorial Hermann Health System) CP | 1.300% | 1/3/20 | | | 50,000 | | 50,000 | |
| Harris County TX Cultural Education Facilities Finance Corp. Revenue (Memorial Hermann Health System) VRDO | 1.150% | 11/7/19 | | | 51,680 | | 51,680 | |
| Harris County TX Cultural Education Facilities Finance Corp. Revenue (Methodist Hospital System) CP | 1.370% | 2/5/20 | | | 45,000 | | 45,000 | |
| Harris County TX Cultural Education Facilities Finance Corp. Revenue (Methodist Hospital System) CP | 1.370% | 2/5/20 | | | 20,105 | | 20,105 | |
| Harris County TX Cultural Education Facilities Finance Corp. Revenue (Methodist Hospital System) CP | 1.370% | 3/4/20 | | | 36,325 | | 36,325 | |
| Harris County TX Cultural Education Facilities Finance Corp. Revenue (Methodist Hospital System) CP | 1.370% | 3/4/20 | | | 38,770 | | 38,770 | |
| Harris County TX Cultural Education Facilities Finance Corp. Revenue (Methodist Hospital System) VRDO | 1.350% | 11/1/19 | | | 44,875 | | 44,875 | |
| Harris County TX GO CP | 1.300% | 11/7/19 | | | 21,200 | | 21,200 | |
35
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
| Harris County TX GO CP | 1.470% | 12/5/19 | | | 19,410 | | 19,410 | |
1 | Harris County TX GO TOB VRDO | 1.150% | 11/7/19 | | | 8,070 | | 8,070 | |
1 | Harris County TX GO TOB VRDO | 1.150% | 11/7/19 | | | 8,160 | | 8,160 | |
1 | Harris County TX GO TOB VRDO | 1.150% | 11/7/19 | | LOC | 10,000 | | 10,000 | |
| Harris County TX Hospital District Revenue VRDO | 1.150% | 11/7/19 | | LOC | 36,890 | | 36,890 | |
1 | Harris County TX Revenue TOB VRDO | 1.150% | 11/7/19 | | | 7,500 | | 7,500 | |
1 | Hays TX Consolidated Independent School District GO TOB PUT | 1.240% | 1/9/20 | | | 4,670 | | 4,670 | |
1 | Houston TX Community College System TOB VRDO | 1.150% | 11/7/19 | | | 5,625 | | 5,625 | |
1 | Houston TX Community College System TOB VRDO | 1.150% | 11/7/19 | | | 5,560 | | 5,560 | |
1 | Houston TX GO TOB VRDO | 1.150% | 11/7/19 | | LOC | 5,000 | | 5,000 | |
| Houston TX Higher Education Finance Corp. Revenue (Rice University Project) CP | 1.350% | 1/2/20 | | | 7,000 | | 7,000 | |
1 | Houston TX Higher Education Finance Corp. Revenue (Rice University Project) TOB VRDO | 1.150% | 11/7/19 | | | 6,665 | | 6,665 | |
1 | Houston TX Utility System Revenue TOB VRDO | 1.150% | 11/7/19 | | | 12,240 | | 12,240 | |
| Houston TX Utility System Revenue VRDO | 1.110% | 11/7/19 | | LOC | 9,600 | | 9,600 | |
| Houston TX Utility System Revenue VRDO | 1.110% | 11/7/19 | | LOC | 23,300 | | 23,300 | |
| Houston TX Utility System Revenue VRDO | 1.110% | 11/7/19 | | LOC | 14,825 | | 14,825 | |
| Houston TX Utility System Revenue VRDO | 1.110% | 11/7/19 | | | 95,000 | | 95,000 | |
1 | Humble TX Independent School District GO TOB VRDO | 1.150% | 11/7/19 | | | 8,000 | | 8,000 | |
| Jefferson TX Port of Port Arthur Navigation District Revenue (Emerald Renewable Diesel LLC) PUT | 1.900% | 12/4/19 | | | 85,000 | | 85,021 | |
1 | Judson TX Independent School District GO TOB PUT | 1.250% | 11/21/19 | | | 10,525 | | 10,525 | |
1 | Lamar TX Consolidated Independent School District GO TOB VRDO | 1.150% | 11/7/19 | | LOC | 5,000 | | 5,000 | |
1 | Lone Star TX College System GO TOB VRDO | 1.150% | 11/7/19 | | LOC | 19,065 | | 19,065 | |
1 | Lower Colorado River Authority Texas Transmission Contract Revenue (LCRA Transmission Services Corp.) TOB VRDO | 1.150% | 11/7/19 | | LOC | 1,200 | | 1,200 | |
| Lower Colorado River Authority Texas Transmission Services 2012 | 1.330% | 11/20/19 | | LOC | 7,000 | | 7,000 | |
| Lower Colorado River Authority Texas Transmission Services 2012 | 1.330% | 12/17/19 | | LOC | 18,704 | | 18,704 | |
| Mesquite TX Independent School District School Building VRDO | 1.190% | 11/7/19 | | | 12,565 | | 12,565 | |
1 | Montgomery TX Independent School District GO VRDO | 1.150% | 11/7/19 | | LOC | 5,000 | | 5,000 | |
| New Braunfels TX Utility System Revenue CP | 1.320% | 12/4/19 | | | 8,000 | | 8,000 | |
1 | New Caney TX Independent School District GO TOB VRDO | 1.150% | 11/7/19 | | | 5,910 | | 5,910 | |
1 | New Hope TX Cultural Education Facilities Finance Corp. (Children’s Health System of Texas) TOB VRDO | 1.150% | 11/7/19 | | | 3,985 | | 3,985 | |
| North East TX Independent School District GO | 5.000% | 8/1/20 | | | 21,685 | | 22,281 | |
36
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
1,3 | North Texas Tollway Authority System Revenue TOB PUT, SIFMA Municipal Swap Index Yield + 0.200% | 1.320% | 1/2/20 | | LOC | 6,000 | | 6,000 | |
| Northwest Independent School District Texas GO VRDO | 1.180% | 11/7/19 | | | 12,870 | | 12,870 | |
1 | Princeton TX Independent School District GO TOB VRDO | 1.150% | 11/7/19 | | LOC | 5,600 | | 5,600 | |
| Red River TX Education Finance Corp. Revenue (Texas Christian University Project) VRDO | 1.150% | 11/7/19 | | | 23,650 | | 23,650 | |
| Red River TX Education Finance Corp. Revenue (Texas Christian University Project) VRDO | 1.150% | 11/7/19 | | | 23,000 | | 23,000 | |
| Riesel TX Industrial Development Corp. Solid Waste Disposal Revenue (Sandy Creek Energy Associates, LP) VRDO | 1.190% | 11/7/19 | | LOC | 50,000 | | 50,000 | |
| Riesel TX Industrial Development Corp. Solid Waste Disposal Revenue (Sandy Creek Energy Associates, LP) VRDO | 1.190% | 11/7/19 | | LOC | 50,000 | | 50,000 | |
1 | San Antonio TX Electric & Gas Systems Revenue TOB VRDO | 1.140% | 11/7/19 | | | 7,500 | | 7,500 | |
1 | San Antonio TX Electric & Gas Systems Revenue TOB VRDO | 1.150% | 11/7/19 | | | 10,000 | | 10,000 | |
| San Antonio TX Electric and Gas CP | 1.300% | 1/6/20 | | | 27,000 | | 27,000 | |
| San Antonio TX Electric and Gas CP | 1.350% | 2/5/20 | | | 20,000 | | 20,000 | |
| San Antonio TX Electric and Gas CP | 1.370% | 3/4/20 | | | 41,500 | | 41,500 | |
| San Antonio TX GO | 5.000% | 8/1/20 | | | 5,415 | | 5,562 | |
1 | San Antonio TX GO TOB PUT | 1.250% | 12/5/19 | | | 15,120 | | 15,120 | |
| San Antonio TX Water Revenue CP | 1.320% | 1/6/20 | | | 20,000 | | 20,000 | |
| San Antonio TX Water Revenue CP | 1.390% | 2/5/20 | | | 5,500 | | 5,500 | |
1 | Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Baylor Scott & White Health Obligated Group) TOB VRDO | 1.150% | 11/7/19 | | | 6,460 | | 6,460 | |
1 | Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Baylor Scott & White Health System Project) TOB VRDO | 1.170% | 11/7/19 | | | 5,555 | | 5,555 | |
1 | Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Baylor Scott & White Health System Project) TOB VRDO | 1.150% | 11/7/19 | | | 14,105 | | 14,105 | |
| Tarrant County TX Cultural Education Facilities Finance Corp. Revenue (CHRISTUS Health) VRDO | 1.130% | 11/7/19 | | LOC | 11,030 | | 11,030 | |
| Tarrant County TX Cultural Education Facilities Finance Corp. Revenue (CHRISTUS Health) VRDO | 1.160% | 11/7/19 | | LOC | 4,100 | | 4,100 | |
1 | Tarrant County TX Cultural Education Facilities Finance Corp. Revenue (Texas Health Resources) TOB VRDO | 1.150% | 11/7/19 | | | 5,000 | | 5,000 | |
1 | Tarrant County TX Cultural Education Facilities Finance Corp. Revenue (Texas Health Resources) TOB VRDO | 1.150% | 11/7/19 | | | 6,250 | | 6,250 | |
| Tarrant County TX Cultural Education Facilities Finance Corp. Revenue (Texas Health Resources) VRDO | 1.100% | 11/7/19 | | | 39,490 | | 39,490 | |
37
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
| Tarrant County TX Cultural Education Facilities Finance Corp. Revenue (Texas Health Resources) VRDO | 1.110% | 11/7/19 | | | 4,920 | | 4,920 | |
| Tarrant County TX Cultural Education Facilities Finance Corp. Revenue (Texas Health Resources) VRDO | 1.170% | 11/7/19 | | | 11,220 | | 11,220 | |
1 | Texas Department of Housing & Community Affairs Revenue TOB VRDO | 1.150% | 11/7/19 | | | 5,885 | | 5,885 | |
1 | Texas Department of Housing & Community Affairs Revenue TOB VRDO | 1.150% | 11/7/19 | | | 2,515 | | 2,515 | |
1 | Texas Department of Housing & Community Affairs Revenue TOB VRDO | 1.150% | 11/7/19 | | | 3,885 | | 3,885 | |
1 | Texas Department of Housing & Community Affairs Revenue TOB VRDO | 1.150% | 11/7/19 | | | 5,955 | | 5,955 | |
| Texas Department of Housing & Community Affairs Single Mortgage Revenue VRDO | 1.180% | 11/7/19 | | | 7,795 | | 7,795 | |
| Texas GO | 4.000% | 8/27/20 | | | 609,005 | | 622,394 | |
| Texas GO VRDO | 1.210% | 11/7/19 | | | 19,140 | | 19,140 | |
| Texas GO VRDO | 1.250% | 11/7/19 | | | 7,455 | | 7,455 | |
| Texas State University System Financing System Revenue (Extendible) CP | 1.300% | 7/25/20 | | | 55,055 | | 55,055 | |
| Texas State University System Financing System Revenue (Extendible) CP | 1.300% | 7/25/20 | | | 89,706 | | 89,706 | |
| Texas Tech University CP | 1.300% | 12/4/19 | | | 6,838 | | 6,838 | |
| Texas Transportation Commission Mobility Fund GO VRDO | 1.140% | 11/7/19 | | | 34,895 | | 34,895 | |
1 | Texas Water Development Board Revenue TOB VRDO | 1.150% | 11/7/19 | | | 5,900 | | 5,900 | |
1 | Texas Water Development Board Revenue TOB VRDO | 1.150% | 11/7/19 | | | 3,750 | | 3,750 | |
1 | Texas Water Development Board Revenue TOB VRDO | 1.150% | 11/7/19 | | | 9,500 | | 9,500 | |
1 | Texas Water Development Board Revenue TOB VRDO | 1.150% | 11/7/19 | | | 10,000 | | 10,000 | |
1 | Texas Water Development Board TOB VRDO | 1.150% | 11/7/19 | | | 3,750 | | 3,750 | |
1 | Texas Water Development Board TOB VRDO | 1.160% | 11/7/19 | | | 6,640 | | 6,640 | |
| University of Houston TX System Consolidated Revenue CP | 1.410% | 2/5/20 | | | 7,500 | | 7,500 | |
| University of North Texas Revenue Financing System (Extendible) CP | 1.440% | 6/15/20 | | | 11,250 | | 11,250 | |
| University of Texas System Permanent University Fund CP | 1.350% | 11/6/19 | | | 25,000 | | 25,000 | |
| University of Texas System Permanent University Fund CP | 1.320% | 11/14/19 | | | 25,000 | | 25,000 | |
| University of Texas System Permanent University Fund CP | 1.300% | 11/19/19 | | | 25,000 | | 25,000 | |
| University of Texas System Permanent University Fund CP | 1.310% | 12/3/19 | | | 14,500 | | 14,500 | |
| University of Texas System Permanent University Fund CP | 1.290% | 12/4/19 | | | 10,000 | | 10,000 | |
| University of Texas System Permanent University Fund CP | 1.380% | 12/9/19 | | | 15,000 | | 15,000 | |
38
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
| University of Texas System Revenue Financing System Revenue CP | 1.350% | 11/1/19 | | | 21,000 | | 21,000 | |
| University of Texas System Revenue Financing System Revenue CP | 1.430% | 11/1/19 | | | 10,500 | | 10,500 | |
| University of Texas System Revenue Financing System Revenue CP | 1.320% | 11/5/19 | | | 15,300 | | 15,300 | |
| University of Texas System Revenue Financing System Revenue CP | 1.300% | 11/19/19 | | | 25,000 | | 25,000 | |
| University of Texas System Revenue Financing System Revenue CP | 1.300% | 12/3/19 | | | 12,500 | | 12,500 | |
| University of Texas System Revenue Financing System Revenue CP | 1.400% | 12/9/19 | | | 25,000 | | 25,000 | |
| University of Texas System Revenue Financing System Revenue CP | 1.380% | 12/10/19 | | | 16,660 | | 16,660 | |
| University of Texas System Revenue Financing System Revenue CP | 1.350% | 3/5/20 | | | 25,000 | | 25,000 | |
| University of Texas System Revenue Financing System Revenue CP | 1.350% | 3/6/20 | | | 23,500 | | 23,500 | |
| University of Texas System Revenue Financing System Revenue CP | 1.290% | 5/21/20 | | | 25,000 | | 25,000 | |
1 | Whitehouse TX Independent School District GO TOB VRDO | 1.150% | 11/7/19 | | LOC | 4,750 | | 4,750 | |
| | | | | | | | 2,979,396 | |
Utah (0.3%) | | | | | | | | |
1 | University of Utah Revenue TOB VRDO | 1.190% | 11/7/19 | | (Prere.) | 9,330 | | 9,330 | |
| Utah County UT Hospital Revenue (IHC Health Services) VRDO | 1.170% | 11/7/19 | | | 18,460 | | 18,460 | |
| Utah County UT Hospital Revenue (IHC Health Services) VRDO | 1.170% | 11/7/19 | | | 22,290 | | 22,290 | |
| Utah Housing Finance Agency Single Family Mortgage Revenue VRDO | 1.180% | 11/7/19 | | | 2,190 | | 2,190 | |
1 | Utah Transit Authority Sales Tax Revenue TOB VRDO | 1.150% | 11/7/19 | | | 6,670 | | 6,670 | |
| | | | | | | | 58,940 | |
Vermont (0.1%) | | | | | | | | |
| Vermont Educational & Health Buildings Financing Agency Hospital Revenue (Fletcher Allen Health Care Project) VRDO | 1.120% | 11/7/19 | | LOC | 15,480 | | 15,480 | |
| | | | | | | | | |
Virginia (0.9%) | | | | | | | | |
| Albemarle County VA Economic Development Hospital Revenue (Sentara Martha Jefferson Hospital) VRDO | 1.130% | 11/7/19 | | | 41,600 | | 41,600 | |
1 | Alexandria VA GO TOB PUT | 1.240% | 1/9/20 | | | 4,800 | | 4,800 | |
1 | Hampton Roads VA Sanitation & Wastewater District Revenue TOB PUT | 1.240% | 1/30/20 | | | 11,000 | | 11,000 | |
1 | Hampton Roads VA Transportation Accountability Commission Revenue TOB VRDO | 1.150% | 11/7/19 | | | 11,250 | | 11,250 | |
39
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
1 | Hampton Roads VA Transportation Accountability Commission Revenue TOB VRDO | 1.150% | 11/7/19 | | | 7,830 | | 7,830 | |
| Loudoun County VA Industrial Development Authority Revenue (Howard Hughes Medical Institute) VRDO | 1.090% | 11/7/19 | | | 7,400 | | 7,400 | |
1 | Portsmouth VA GO TOB PUT | 1.250% | 11/21/19 | | | 11,535 | | 11,535 | |
| Stafford County VA Industrial Development Authority Revenue (VML/VACo Commonwealth Loan Program) VRDO | 1.190% | 11/7/19 | | LOC | 1,685 | | 1,685 | |
1 | Suffolk VA GO TOB PUT | 1.240% | 1/23/20 | | | 4,605 | | 4,605 | |
1 | University of Virginia Revenue TOB PUT | 1.250% | 11/28/19 | | | 5,300 | | 5,300 | |
| Virginia College Building Authority Educational Facilities Revenue (21st Century College & Equipment Programs) | 5.000% | 2/1/20 | | | 14,775 | | 14,903 | |
1 | Virginia College Building Authority Educational Facilities Revenue (21st Century College & Equipment Programs) TOB VRDO | 1.150% | 11/7/19 | | | 4,025 | | 4,025 | |
| Virginia Commonwealth University CP 2019-A | 1.350% | 2/5/20 | | | 8,000 | | 8,000 | |
1 | Virginia Housing Development Authority Commonwealth Mortgage Revenue TOB VRDO | 1.140% | 11/7/19 | | | 5,000 | | 5,000 | |
| Virginia Public Building Authority Public Facilities Revenue VRDO | 1.100% | 11/7/19 | | | 29,900 | | 29,900 | |
| | | | | | | | 168,833 | |
Washington (2.5%) | | | | | | | | |
1 | Central Puget Sound WA Regional Transit Authority Sales & Use Tax Revenue TOB VRDO | 1.150% | 11/7/19 | | | 2,885 | | 2,885 | |
1 | Central Puget Sound WA Regional Transit Authority Sales & Use Tax Revenue TOB VRDO | 1.150% | 11/7/19 | | | 2,665 | | 2,665 | |
1 | City of Seattle WA Municipal Light & Power Revenue TOB VRDO | 1.150% | 11/7/19 | | | 3,000 | | 3,000 | |
1 | City of Seattle WA Municipal Light & Power Revenue TOB VRDO | 1.150% | 11/7/19 | | | 3,000 | | 3,000 | |
| King County WA GO VRDO | 1.130% | 11/7/19 | | | 43,095 | | 43,095 | |
1 | King County WA Public Hospital District No. 2 GO VRDO | 1.150% | 11/7/19 | | LOC | 5,000 | | 5,000 | |
1 | King County WA School District No. 401 GO TOB VRDO | 1.150% | 11/7/19 | | LOC | 5,000 | | 5,000 | |
1 | King County WA School District No. 414 GO TOB PUT | 1.240% | 1/23/20 | | | 8,800 | | 8,800 | |
1 | King County WA Sewer Revenue TOB VRDO | 1.150% | 11/7/19 | | | 2,100 | | 2,100 | |
1 | Lewis & Thurston Counties WA School District No. 401 Centralia GO VRDO | 1.150% | 11/7/19 | | LOC | 5,000 | | 5,000 | |
1 | Northwest Energy Washington Electric Revenue (Columbia Generating Station) TOB VRDO | 1.150% | 11/7/19 | | | 8,250 | | 8,250 | |
1 | Pierce County WA School District No. 10 (Tacoma) GO TOB VRDO | 1.150% | 11/7/19 | | | 2,650 | | 2,650 | |
| Port of Tacoma WA Revenue VRDO | 1.150% | 11/7/19 | | LOC | 28,830 | | 28,830 | |
40
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
| Port of Tacoma WA Revenue VRDO | 1.150% | 11/7/19 | | LOC | 36,680 | | 36,680 | |
| Port of Tacoma WA Revenue VRDO | 1.150% | 11/7/19 | | LOC | 15,490 | | 15,490 | |
1 | Port of Tacoma WA TOB VRDO | 1.200% | 11/7/19 | | | 6,000 | | 6,000 | |
1 | Seattle WA GO TOB PUT | 1.240% | 1/9/20 | | | 4,415 | | 4,415 | |
1 | Seattle WA Municipal Light & Power Revenue TOB PUT | 1.240% | 12/26/19 | | | 10,135 | | 10,135 | |
1 | Seattle WA Water System Revenue TOB PUT | 1.240% | 1/23/20 | | | 11,775 | | 11,775 | |
1 | Spokane County WA School District GO VRDO | 1.150% | 11/7/19 | | LOC | 5,700 | | 5,700 | |
1 | Spokane County WA School District No. 354 Mead GO VRDO | 1.150% | 11/7/19 | | LOC | 5,545 | | 5,545 | |
| Washington COP | 5.000% | 7/1/20 | | | 6,265 | | 6,419 | |
1 | Washington GO TOB VRDO | 1.150% | 11/7/19 | | | 4,700 | | 4,700 | |
1 | Washington GO TOB VRDO | 1.150% | 11/7/19 | | | 2,250 | | 2,250 | |
1 | Washington GO TOB VRDO | 1.150% | 11/7/19 | | | 5,740 | | 5,740 | |
1 | Washington GO VRDO | 1.150% | 11/7/19 | | LOC | 4,750 | | 4,750 | |
1 | Washington Health Care Facilities Authority Revenue (Providence Health & Services) TOB VRDO | 1.150% | 11/7/19 | | | 1,875 | | 1,875 | |
| Washington Health Care Facilities Authority Revenue (Providence Health & Services) VRDO | 1.100% | 11/7/19 | | | 73,780 | | 73,780 | |
| Washington Health Care Facilities Authority Revenue (Providence Health & Services) VRDO | 1.100% | 11/7/19 | | | 25,180 | | 25,180 | |
1 | Washington Health Care Facilities Authority Revenue (Seattle Children’s Hospital) TOB VRDO | 1.150% | 11/7/19 | | | 21,280 | | 21,280 | |
1 | Washington Health Care Facilities Authority Revenue (Seattle Children’s Hospital) TOB VRDO | 1.150% | 11/7/19 | | | 3,275 | | 3,275 | |
| Washington Higher Education Facilities Authority Revenue (Whitman College Project) VRDO | 1.150% | 11/7/19 | | | 21,100 | | 21,100 | |
| Washington Housing Finance Commission Multi-Family Housing Revenue (Merrill Gardens at Kirkland Project) VRDO | 1.160% | 11/7/19 | | LOC | 24,600 | | 24,600 | |
| Washington Housing Finance Commission Multi-Family Housing Revenue (Reserve at SeaTac Apartments Project) VRDO | 1.140% | 11/7/19 | | LOC | 33,000 | | 33,000 | |
| | | | | | | | 443,964 | |
West Virginia (1.0%) | | | | | | | | |
| Cabell WV University Facilities Revenue VRDO | 1.160% | 11/7/19 | | LOC | 64,245 | | 64,245 | |
1 | Morgantown WV Combined Utility System Revenue TOB VRDO | 1.170% | 11/7/19 | | LOC | 1,475 | | 1,475 | |
| West Virginia Hospital Finance Authority Hospital Revenue (Cabell Huntington Hospital Inc.) VRDO | 1.170% | 11/7/19 | | LOC | 7,400 | | 7,400 | |
| West Virginia Hospital Finance Authority Hospital Revenue (Charleston Area Medical Center Inc.) VRDO | 1.120% | 11/7/19 | | LOC | 103,870 | | 103,870 | |
| | | | | | | | 176,990 | |
41
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
Wisconsin (3.2%) | | | | | | | | |
| Madison WI GO | 3.000% | 10/1/20 | | | 8,045 | | 8,161 | |
1 | Milwaukee WI Metropolitan Sewer District GO TOB PUT | 1.240% | 12/12/19 | | | 5,375 | | 5,375 | |
| Milwaukee WI RAN | 3.000% | 5/7/20 | | | 30,000 | | 30,201 | |
| Milwaukee WI RAN | 2.000% | 10/1/20 | | | 175,000 | | 176,161 | |
1 | Verona WI Area School District GO TOB PUT | 1.240% | 1/30/20 | | | 17,755 | | 17,755 | |
| Wisconsin GO (Extendible) CP | 1.400% | 5/2/20 | | | 12,625 | | 12,625 | |
| Wisconsin GO (Extendible) CP | 1.450% | 6/29/20 | | | 57,494 | | 57,494 | |
| Wisconsin GO (Extendible) CP | 1.490% | 7/3/20 | | | 42,574 | | 42,574 | |
| Wisconsin GO (Extendible) CP | 1.430% | 7/11/20 | | | 45,910 | | 45,910 | |
| Wisconsin GO (Extendible) CP | 1.410% | 7/12/20 | | | 12,510 | | 12,510 | |
| Wisconsin GO CP | 1.300% | 12/3/19 | | | 14,705 | | 14,705 | |
| Wisconsin GO CP | 1.300% | 12/3/19 | | | 19,869 | | 19,869 | |
1 | Wisconsin Health & Educational Facilities Authority Revenue (Ascension Health Credit Group) TOB VRDO | 1.150% | 11/7/19 | | | 1,500 | | 1,500 | |
1 | Wisconsin Health & Educational Facilities Authority Revenue (Ascension Health Credit Group) TOB VRDO | 1.150% | 11/7/19 | | | 12,000 | | 12,000 | |
1 | Wisconsin Health & Educational Facilities Authority Revenue (Ascension Health Credit Group) TOB VRDO | 1.150% | 11/7/19 | | | 5,000 | | 5,000 | |
1 | Wisconsin Health & Educational Facilities Authority Revenue (Ascension Health Credit Group) TOB VRDO | 1.150% | 11/7/19 | | | 5,000 | | 5,000 | |
1 | Wisconsin Health & Educational Facilities Authority Revenue (Ascension Health Credit Group) TOB VRDO | 1.160% | 11/7/19 | | | 3,735 | | 3,735 | |
1 | Wisconsin Health & Educational Facilities Authority Revenue (Children’s Hospital of Wisconsin Inc.) TOB VRDO | 1.150% | 11/7/19 | | | 5,000 | | 5,000 | |
1 | Wisconsin Health & Educational Facilities Authority Revenue (Children’s Hospital of Wisconsin Inc.) TOB VRDO | 1.150% | 11/7/19 | | | 2,000 | | 2,000 | |
1 | Wisconsin Health & Educational Facilities Authority Revenue (Medical College Wisconsin) TOB VRDO | 1.150% | 11/7/19 | | | 11,615 | | 11,615 | |
1 | Wisconsin Health & Educational Facilities Authority Revenue (Medical College Wisconsin) TOB VRDO | 1.150% | 11/7/19 | | | 3,320 | | 3,320 | |
| Wisconsin Health & Educational Facilities Authority Revenue (University of Wisconsin Medical Foundation) VRDO | 1.110% | 11/7/19 | | LOC | 2,000 | | 2,000 | |
| Wisconsin Housing & Economic Development Authority Home Ownership Revenue VRDO | 1.120% | 11/7/19 | | | 24,470 | | 24,470 | |
| Wisconsin Housing & Economic Development Authority Home Ownership Revenue VRDO | 1.120% | 11/7/19 | | | 20,200 | | 20,200 | |
| Wisconsin Housing & Economic Development Authority Home Ownership Revenue VRDO | 1.120% | 11/7/19 | | | 18,325 | | 18,325 | |
42
Municipal Money Market Fund
| | Coupon | Maturity
Date | | | Face
Amount
($000 | ) | Market
Value·
($000 | ) |
| Wisconsin Housing & Economic Development Authority Multi-Family Revenue VRDO | 1.120% | 11/7/19 | | | 23,410 | | 23,410 | |
1 | Wisconsin Housing & Economic Development Authority TOB VRDO | 1.150% | 11/7/19 | | | 5,000 | | 5,000 | |
| | | | | | | | 585,915 | |
Total Tax-Exempt Municipal Bonds (Cost $17,613,398) | | | | | | | 17,613,398 | |
| | | | | | Shares | | | |
Temporary Cash Investment (2.4%) | | | | | | | | |
Money Market Fund (2.4%) | | | | | | | | |
5 | Vanguard Municipal Cash Management Fund (Cost $427,848) | 1.198% | | | | 4,278,495 | | 427,892 | |
Total Investments (99.6%) (Cost $18,041,246) | | | | | | | 18,041,290 | |
| | | Amount | |
| | | ($000 | ) |
Other Assets and Liabilities (0.4%) | | | | |
Other Assets | | | | |
Investment in Vanguard | | | 841 | |
Receivables for Investment Securities Sold | | | 115,465 | |
Receivables for Capital Shares Issued | | | 26,937 | |
Receivables for Accrued Income | | | 62,395 | |
Other Assets | | | 18,669 | |
Total Other Assets | | | 224,307 | |
Liabilities | | | | |
Payables for Investment Securities Purchased | | | (117,026 | ) |
Payables for Capital Shares Redeemed | | | (34,562 | ) |
Payables for Distributions | | | (1,801 | ) |
Payables to Vanguard | | | (1,486 | ) |
Total Liabilities | | | (154,875 | ) |
Net Assets (100%) | | | | |
Applicable to 18,108,720,983 outstanding $.001 par value shares of beneficial interest (unlimited authorization) | | | 18,110,722 | |
Net Asset Value Per Share | | | $1.00 | |
43
Municipal Money Market Fund
At October 31, 2019, net assets consisted of:
| | Amount | |
| | ($000 | ) |
Paid-in Capital | | 18,110,719 | |
Total Distributable Earnings (Loss) | | 3 | |
Net Assets | | 18,110,722 | |
· | See Note A in Notes to Financial Statements. |
1 | Security exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At October 31, 2019, the aggregate value of these securities was $6,806,333,000, representing 37.6% of net assets. |
2 | The issuer was placed under federal conservatorship in September 2008; since that time, its daily operations have been managed by the Federal Housing Finance Agency and it receives capital from the U.S. Treasury, as needed to maintain a positive net worth, in exchange for senior preferred stock. |
3 | Adjustable-rate security; rate shown is effective rate at period end. Certain adjustable-rate securities are not based on a published reference rate and spread but are determined by the issuer or agent based on current market conditions. |
4 | Security purchased on a when-issued or delayed-delivery basis for which the fund has not taken delivery as of October 31, 2019. |
5 | Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield. |
See accompanying Notes, which are an integral part of the Financial Statements.
44
Municipal Money Market Fund
Key to Abbreviations
ARS—Auction Rate Security.
BAN—Bond Anticipation Note.
CMT—Constant Maturing Treasury Rate.
COP—Certificate of Participation.
CP—Commercial Paper.
FR—Floating Rate.
GAN—Grant Anticipation Note.
GO—General Obligation Bond.
LIBOR—London Interbank Offered Rate.
PILOT—Payments in Lieu of Taxes.
PUT—Put Option Obligation.
RAN—Revenue Anticipation Note.
SIFMA—Securities Industry and Financial Markets Association.
SOFR—Secured Overnight Financing Rate.
TAN—Tax Anticipation Note.
TOB—Tender Option Bond.
TRAN—Tax Revenue Anticipation Note.
VRDO—Variable Rate Demand Obligation.
VRDP—Variable Rate Demand Preferred.
(ETM)—Escrowed to Maturity.
(Prere.)—Prerefunded.
Scheduled principal and interest payments are guaranteed by:
(1) MBIA (Municipal Bond Investors Assurance).
(2) AMBAC (Ambac Assurance Corporation).
(3) FGIC (Financial Guaranty Insurance Company).
(4) AGM (Assured Guaranty Municipal Corporation).
(5) BIGI (Bond Investors Guaranty Insurance).
(6) Connie Lee Inc.
(7) FHA (Federal Housing Authority).
(8) CapMAC (Capital Markets Assurance Corporation).
(9) American Capital Access Financial Guaranty Corporation.
(10) XL Capital Assurance Inc.
(11) CIFG (CDC IXIS Financial Guaranty).
(12) AGC (Assured Guaranty Corporation).
(13) BHAC (Berkshire Hathaway Assurance Corporation).
(14) NPFG (National Public Finance Guarantee Corporation).
(15) BAM (Build America Mutual Assurance Company).
(16) MAC (Municipal Assurance Corporation).
(17) RAA (Radian Asset Assurance Inc.).
(18) SBLF (Michigan School Bond Loan Fund).
(19) TPSF (Texas Permanent School Fund).
The insurance does not guarantee the market value of the municipal bonds.
LOC—Scheduled principal and interest payments are guaranteed by bank letter of credit.
45
Municipal Money Market Fund
Statement of Operations
| | Year Ended October 31, 2019 | |
| | ($000 | ) |
Investment Income | | | |
Income | | | |
Interest1 | | 291,445 | |
Total Income | | 291,445 | |
Expenses | | | |
The Vanguard Group—Note B | | | |
Investment Advisory Services | | 5,068 | |
Management and Administrative | | 19,129 | |
Marketing and Distribution | | 2,672 | |
Custodian Fees | | 107 | |
Auditing Fees | | 28 | |
Shareholders’ Reports | | 50 | |
Trustees’ Fees and Expenses | | 8 | |
Total Expenses | | 27,062 | |
Expenses Paid Indirectly | | (100 | ) |
Net Expenses | | 26,962 | |
Net Investment Income | | 264,483 | |
Realized Net Gain (Loss) on Investment Securities Sold1 | | (24 | ) |
Change in Unrealized Appreciation (Depreciation) of Investment Securities1 | | 45 | |
Net Increase (Decrease) in Net Assets Resulting from Operations | | 264,504 | |
1 | Interest income, realized net gain (loss), and change in unrealized appreciation (depreciation) from an affiliated company of the fund were $9,020,000, $31,000, and $44,000, respectively. Purchases and sales are for temporary cash investment purposes. |
See accompanying Notes, which are an integral part of the Financial Statements.
46
Municipal Money Market Fund
Statement of Changes in Net Assets
| | Year Ended October 31, | |
| | 2019
($000 | ) | 2018
($000 | ) |
Increase (Decrease) in Net Assets | | | | | |
Operations | | | | | |
Net Investment Income | | 264,483 | | 212,880 | |
Realized Net Gain (Loss) | | (24 | ) | (2 | ) |
Change in Unrealized Appreciation (Depreciation) | | 45 | | (2 | ) |
Net Increase (Decrease) in Net Assets Resulting from Operations | | 264,504 | | 212,876 | |
Distributions | | | | | |
Net Investment Income | | (264,481 | ) | (212,911 | ) |
Realized Capital Gain | | — | | — | |
Total Distributions | | (264,481 | ) | (212,911 | ) |
Capital Share Transactions (at $1.00 per share) | | | | | |
Issued | | 11,242,372 | | 12,478,236 | |
Issued in Lieu of Cash Distributions | | 238,798 | | 194,145 | |
Redeemed | | (11,033,267 | ) | (12,369,854 | ) |
Net Increase (Decrease) from Capital Share Transactions | | 447,903 | | 302,527 | |
Total Increase (Decrease) | | 447,926 | | 302,492 | |
Net Assets | | | | | |
Beginning of Period | | 17,662,796 | | 17,360,304 | |
End of Period | | 18,110,722 | | 17,662,796 | |
See accompanying Notes, which are an integral part of the Financial Statements.
47
Municipal Money Market Fund
Financial Highlights
For a Share Outstanding Throughout Each Period | Year Ended October 31, |
2019 | 2018 | 2017 | 2016 | 2015 |
Net Asset Value, Beginning of Period | $1.00 | $1.00 | $1.00 | $1.00 | $1.00 |
Investment Operations | | | | | |
Net Investment Income | .0151 | .0121 | .0071 | .0025 | .0001 |
Net Realized and Unrealized Gain (Loss) on Investments | — | — | — | — | — |
Total from Investment Operations | .015 | .012 | .007 | .0025 | .0001 |
Distributions | | | | | |
Dividends from Net Investment Income | (.015) | (.012) | (.007) | (.0025) | (.0001) |
Distributions from Realized Capital Gains | — | — | — | — | — |
Total Distributions | (.015) | (.012) | (.007) | (.0025) | (.0001) |
Net Asset Value, End of Period | $1.00 | $1.00 | $1.00 | $1.00 | $1.00 |
| | | | | |
Total Return2 | 1.48% | 1.21% | 0.66% | 0.25% | 0.01% |
| | | | | |
Ratios/Supplemental Data | | | | | |
Net Assets, End of Period (Millions) | $18,111 | $17,663 | $17,360 | $16,124 | $17,222 |
Ratio of Expenses to Average Net Assets3 | 0.15% | 0.15% | 0.15% | 0.12% | 0.07% |
Ratio of Net Investment Income to Average Net Assets | 1.47% | 1.20% | 0.66% | 0.24% | 0.01% |
1 Calculated based on average shares outstanding.
2 Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable account service fees.
3 Vanguard and the board of trustees have agreed to temporarily limit certain net operating expenses in excess of the fund’s daily yield in order to maintain a zero or positive yield for the fund. Vanguard and the board of trustees may terminate the temporary expense limitation at any time. The fund is not obligated to repay this amount to Vanguard. The ratio of total expenses to average net assets before an expense reduction was 0.15% for 2016 and 0.15% for 2015. For the years ended October 31, 2019, 2018, and 2017, there were no expense reductions.
See accompanying Notes, which are an integral part of the Financial Statements.
48
Municipal Money Market Fund
Notes to Financial Statements
Vanguard Municipal Money Market Fund is registered under the Investment Company Act of 1940 as an open-end investment company, or mutual fund. The fund invests in debt instruments of many municipal issuers; the issuers’ abilities to meet their obligations may be affected by economic and political developments in a specific state or region.
A. The following significant accounting policies conform to generally accepted accounting principles for U.S. investment companies. The fund consistently follows such policies in preparing its financial statements.
1. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Securities are valued at amortized cost, which approximates market value. Investments in Vanguard Municipal Cash Management Fund are valued at the fund’s net asset value.
2. Federal Income Taxes: The fund intends to continue to qualify as a regulated investment company and distribute all of its income. Management has analyzed the fund’s tax positions taken for all open federal income tax years (October 31, 2016–2019), and has concluded that no provision for federal income tax is required in the fund’s financial statements.
3. Distributions: Distributions from net investment income are declared daily and paid on the first business day of the following month. Annual distributions from realized capital gains, if any, are recorded on the ex-dividend date. Distributions are determined on a tax basis and may differ from net investment income and realized capital gains for financial reporting purposes.
4. Credit Facility: The fund and certain other funds managed by The Vanguard Group (“Vanguard”) participate in a $4.3 billion committed credit facility provided by a syndicate of lenders pursuant to a credit agreement that may be renewed annually; each fund is individually liable for its borrowings, if any, under the credit facility. Borrowings may be utilized for temporary and emergency purposes, and are subject to the fund’s regulatory and contractual borrowing restrictions. The participating funds are charged administrative fees and an annual commitment fee of 0.10% of the undrawn amount of the facility; these fees are allocated to the funds based on a method approved by the fund’s board of trustees and included in Management and Administrative expenses on the fund’s Statement of Operations. Any borrowings under this facility bear interest at a rate based upon the higher of the one-month London Interbank Offered Rate, federal funds effective rate, or overnight bank funding rate plus an agreed-upon spread.
The fund had no borrowings outstanding at October 31, 2019, or at any time during the period then ended.
5. Other: Interest income includes income distributions received from Vanguard Municipal Cash Management Fund and is accrued daily. Premiums and discounts on debt securities purchased are amortized and accreted, respectively, to interest income over the lives of the respective securities. Security transactions are accounted for on the date securities are bought or sold. Costs used to determine realized gains (losses) on the sale of investment securities are those of the specific securities sold.
49
Municipal Money Market Fund
B. In accordance with the terms of a Funds’ Service Agreement (the “FSA”) between Vanguard and the fund, Vanguard furnishes to the fund investment advisory, corporate management, administrative, marketing, and distribution services at Vanguard’s cost of operations (as defined by the FSA). These costs of operations are allocated to the fund based on methods and guidelines approved by the board of trustees and are generally settled twice a month.
Upon the request of Vanguard, the fund may invest up to 0.40% of its net assets as capital in Vanguard. At October 31, 2019, the fund had contributed to Vanguard capital in the amount of $841,000, representing less than 0.01% of the fund’s net assets and 0.34% of Vanguard’s capital received pursuant to the FSA. The fund’s trustees and officers are also directors and employees, respectively, of Vanguard.
C. The fund’s custodian bank has agreed to reduce its fees when the fund maintains cash on deposit in the non-interest-bearing custody account. For the year ended October 31, 2019, custodian fee offset arrangements reduced the fund’s expenses by $100,000 (an annual rate of 0.00% of average net assets).
D. Various inputs may be used to determine the value of the fund’s investments. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.
Level 1—Quoted prices in active markets for identical securities.
Level 2—Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine the fair value of investments). Any investments valued with significant unobservable inputs are noted on the Statement of Net Assets.
The fund’s investment in Vanguard Municipal Cash Management Fund is valued based on Level 1 inputs. All of the fund’s other investments were valued using amortized cost, in accordance with rules under the Investment Company Act of 1940. Amortized cost approximates the current fair value of a security, but since the value is not obtained from a quoted price in an active market, securities valued at amortized cost are considered to be valued using Level 2 inputs.
E. Permanent differences between book-basis and tax-basis components of net assets, if any, are reclassified among capital accounts in the financial statements to reflect their tax character. These reclassifications have no effect on net assets or net asset value per share.
50
Municipal Money Market Fund
Temporary differences between book-basis and tax-basis components of total distributable earnings (loss) arise when certain items of income, gain, or loss are recognized in different periods for financial statement and tax purposes; these differences will reverse at some time in the future. The differences are primarily related to the tax deferral of losses on wash sales and payables for distributions. As of period end, the tax-basis components of total distributable earnings (loss) are detailed in the table as follows:
| Amount |
| ($000) |
Undistributed Ordinary Income | — |
Undistributed Tax-Exempt Income | 1,784 |
Undistributed Long-Term Gains | — |
Capital Loss Carryforwards (Non-expiring) | (26) |
Net Unrealized Gains (Losses) | 44 |
As of October 31, 2019, gross unrealized appreciation and depreciation for investments based on cost for U.S. federal income tax purposes were as follows:
| Amount |
| ($000) |
Tax Cost | 18,041,246 |
Gross Unrealized Appreciation | 82 |
Gross Unrealized Depreciation | (38) |
Net Unrealized Appreciation (Depreciation) | 44 |
F. The fund purchased securities from and sold securities to other Vanguard funds or accounts managed by Vanguard or its affiliates, in accordance with procedures adopted by the board of trustees in compliance with Rule 17a-7 of the Investment Company Act of 1940. For the year ended October 31, 2019, such purchases and sales were $384,470,000 and $2,143,930,000, respectively.
G. Management has determined that no events or transactions occurred subsequent to October 31, 2019, that would require recognition or disclosure in these financial statements.
51
Report of Independent Registered Public Accounting Firm
To the Board of Trustees of Vanguard Municipal Bond Funds and Shareholders of Vanguard Municipal Money Market Fund
Opinion on the Financial Statements
We have audited the accompanying statement of net assets of Vanguard Municipal Money Market Fund (one of the funds constituting Vanguard Municipal Bond Funds, referred to hereafter as the “Fund”) as of October 31, 2019, the related statement of operations for the year ended October 31, 2019, the statement of changes in net assets for each of the two years in the period ended October 31, 2019, including the related notes, and the financial highlights for each of the five years in the period ended October 31, 2019 (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Fund as of October 31, 2019, the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period ended October 31, 2019 and the financial highlights for each of the five years in the period ended October 31, 2019 in conformity with accounting principles generally accepted in the United States of America.
Basis for Opinion
These financial statements are the responsibility of the Fund’s management. Our responsibility is to express an opinion on the Fund’s financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Fund in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.
Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of securities owned as of October 31, 2019 by correspondence with the custodian, transfer agent and brokers; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinion.
/s/PricewaterhouseCoopers LLP
Philadelphia, Pennsylvania
December 13, 2019
We have served as the auditor of one or more investment companies in The Vanguard Group of Funds since 1975.
52
Special 2019 tax information (unaudited) for Vanguard Municipal Money Market Fund
This information for the fiscal year ended October 31, 2019, is included pursuant to provisions of the Internal Revenue Code.
The fund designates 100% of its income dividends as exempt-interest dividends.
53
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The People Who Govern Your Fund
The trustees of your mutual fund are there to see that the fund is operated and managed in your best interests since, as a shareholder, you are a part owner of the fund. Your fund’s trustees also serve on the board of directors of The Vanguard Group, Inc., which is owned by the Vanguard funds and provides services to them.
A majority of Vanguard’s board members are independent, meaning that they have no affiliation with Vanguard or the funds they oversee, apart from the sizable personal investments they have made as private individuals. The independent board members have distinguished backgrounds in business, academia, and public service. Each of the trustees and executive officers oversees 213 Vanguard funds.
Information for each trustee and executive officer of the fund appears below. That information, as well as the Vanguard fund count, is as of the date on the cover of this fund report. The mailing address of the trustees and officers is P.O. Box 876, Valley Forge, PA 19482. More information about the trustees is in the Statement of Additional Information, which can be obtained, without charge, by contacting Vanguard at 800-662-7447, or online at vanguard.com.
Interested Trustee1
Mortimer J. Buckley
Born in 1969. Trustee since January 2018. Principal occupation(s) during the past five years and other experience: chairman of the board (January 2019–present) of Vanguard and of each of the investment companies served by Vanguard; chief executive officer (January 2018–present) of Vanguard; chief executive officer, president, and trustee (January 2018–present) of each of the investment companies served by Vanguard; president and director (2017–present) of Vanguard; and president (February 2018–present) of Vanguard Marketing Corporation. Chief investment officer (2013–2017), managing director (2002–2017), head of the Retail Investor Group (2006–2012), and chief information officer (2001–2006) of Vanguard. Chairman of the board (2011–2017) and trustee (2009–2017) of the Children’s Hospital of Philadelphia; trustee (2018–present) of The Shipley School.
Independent Trustees
Emerson U. Fullwood
Born in 1948. Trustee since January 2008. Principal occupation(s) during the past five years and other experience: executive chief staff and marketing officer for North America and corporate vice president (retired 2008) of Xerox Corporation (document management products and services). Former president of the Worldwide Channels Group, Latin America, and Worldwide Customer Service and executive chief staff officer of Developing Markets of Xerox. Executive in residence and 2009–2010 Distinguished Minett Professor at the Rochester Institute of Technology. Director of SPX FLOW, Inc. (multi-industry manufacturing). Director of the University of Rochester Medical Center, the Monroe Community College Foundation, the United Way of Rochester, North Carolina A&T University, and Roberts Wesleyan College. Trustee of the University of Rochester.
Amy Gutmann
Born in 1949. Trustee since June 2006. Principal occupation(s) during the past five years and other experience: president (2004–present) of the University of Pennsylvania. Christopher H. Browne Distinguished Professor of Political Science, School of Arts and Sciences, and professor of communication, Annenberg School for Communication, with secondary faculty appointments in the Department of Philosophy, School of Arts and Sciences, and at the Graduate School of Education, University of Pennsylvania. Trustee of the National Constitution Center.
F. Joseph Loughrey
Born in 1949. Trustee since October 2009. Principal occupation(s) during the past five years and other experience: president and chief operating officer (retired 2009) and vice chairman of the board (2008–2009) of Cummins Inc. (industrial machinery). Chairman of the board of Hillenbrand, Inc. (specialized consumer services), and the Lumina Foundation.
1 Mr. Buckley is considered an “interested person,” as defined in the Investment Company Act of 1940, because he is an officer of the Vanguard funds.
Director of the V Foundation and Oxfam America. Member of the advisory council for the College of Arts and Letters and chair of the advisory board to the Kellogg Institute for International Studies, both at the University of Notre Dame.
Mark Loughridge
Born in 1953. Trustee since March 2012. Principal occupation(s) during the past five years and other experience: senior vice president and chief financial officer (retired 2013) of IBM (information technology services). Fiduciary member of IBM’s Retirement Plan Committee (2004–2013), senior vice president and general manager (2002–2004) of IBM Global Financing, vice president and controller (1998–2002) of IBM, and a variety of other prior management roles at IBM. Member of the Council on Chicago Booth.
Scott C. Malpass
Born in 1962. Trustee since March 2012. Principal occupation(s) during the past five years and other experience: chief investment officer (1989–present) and vice president (1996–present) of the University of Notre Dame. Assistant professor of finance at the Mendoza College of Business, University of Notre Dame, and member of the Notre Dame 403(b) Investment Committee. Chairman of the board of TIFF Advisory Services, Inc. Member of the board of Catholic Investment Services, Inc. (investment advisors) and the board of superintendence of the Institute for the Works of Religion.
Deanna Mulligan
Born in 1963. Trustee since January 2018. Principal occupation(s) during the past five years and other experience: president (2010–present) and chief executive officer (2011–present) of The Guardian Life Insurance Company of America. Chief operating officer (2010–2011) and executive vice president (2008–2010) of Individual Life and Disability of The Guardian Life Insurance Company of America. Member of the board of The Guardian Life Insurance Company of America, the American Council of Life Insurers, the Partnership for New York City (business leadership), and the Committee Encouraging Corporate Philanthropy. Trustee of the Economic Club of New York and the Bruce Museum (arts and science). Member of the Advisory Council for the Stanford Graduate School of Business.
André F. Perold
Born in 1952. Trustee since December 2004. Principal occupation(s) during the past five years and other experience: George Gund Professor of Finance and Banking, Emeritus at the Harvard Business School (retired 2011). Chief investment officer and co-managing partner of HighVista Strategies (private investment firm). Board of advisors and investment committee member of the Museum of Fine Arts Boston. Board member (2018–present) of RIT Capital Partners (investment firm); investment committee member of Partners Health Care System.
Sarah Bloom Raskin
Born in 1961. Trustee since January 2018. Principal occupation(s) during the past five years and other experience: deputy secretary (2014–2017) of the United States Department of the Treasury. Governor (2010–2014) of the Federal Reserve Board. Commissioner (2007–2010) of financial regulation for the State of Maryland. Member of the board of directors (2012–2014) of Neighborhood Reinvestment Corporation. Director (2017–present) of i(x) Investments; director (2017–present) of Reserve Trust. Rubinstein Fellow (2017–present) of Duke University; trustee (2017–present) of Amherst College.
Peter F. Volanakis
Born in 1955. Trustee since July 2009. Principal occupation(s) during the past five years and other experience: president and chief operating officer (retired 2010) of Corning Incorporated (communications equipment) and director of Corning Incorporated (2000–2010) and Dow Corning (2001–2010). Director (2012) of SPX Corporation (multi-industry manufacturing). Overseer of the Amos Tuck School of Business Administration, Dartmouth College (2001–2013). Chairman of the board of trustees of Colby-Sawyer College. Member of the board of Hypertherm Inc. (industrial cutting systems, software, and consumables).
Executive Officers
John Bendl
Born in 1970. Principal occupation(s) during the past five years and other experience: principal of Vanguard. Chief financial officer (October 2019–present) of each of the investment companies served by Vanguard. Chief accounting officer, treasurer, and controller of Vanguard (2017–present). Partner (2003–2016) at KPMG (audit, tax, and advisory services).
Glenn Booraem
Born in 1967. Principal occupation(s) during the past five years and other experience: principal of Vanguard. Investment stewardship officer (2017–present), treasurer (2015–2017), controller (2010–2015), and assistant controller (2001–2010) of each of the investment companies served by Vanguard.
Christine M. Buchanan
Born in 1970. Principal occupation(s) during the past five years and other experience: principal of Vanguard. Treasurer (2017–present) of each of the investment companies served by Vanguard. Partner (2005–2017) at KPMG (audit, tax, and advisory services).
David Cermak
Born in 1960. Principal occupation(s) during the past five years and other experience: principal of Vanguard. Finance director (October 2019–present) of each of the investment companies served by Vanguard. Managing director and head (2017–present) of Vanguard Investments Singapore. Managing director and head (2017–2019) of Vanguard Investments Hong Kong. Representative director and head (2014–2017) of Vanguard Investments Japan.
Thomas J. Higgins
Born in 1957. Principal occupation(s) during the past five years and other experience: principal of Vanguard. Finance director (October 2019–present), chief financial officer (2008–2019), and treasurer (1998–2008) of each of the investment companies served by Vanguard.
Peter Mahoney
Born in 1974. Principal occupation(s) during the past five years and other experience: principal of Vanguard. Controller (2015–present) of each of the investment companies served by Vanguard. Head of International Fund Services (2008–2014) at Vanguard.
Anne E. Robinson
Born in 1970. Principal occupation(s) during the past five years and other experience: general counsel (2016–present) of Vanguard. Secretary (2016–present) of Vanguard and of each of the investment companies served by Vanguard. Managing director (2016–present) of Vanguard. Managing director and general counsel of Global Cards and Consumer Services (2014–2016) at Citigroup. Counsel (2003–2014) at American Express.
Michael Rollings
Born in 1963. Principal occupation(s) during the past five years and other experience: finance director (2017–present) and treasurer (2017) of each of the investment companies served by Vanguard. Managing director (2016–present) of Vanguard. Chief financial officer (2016–present) of Vanguard. Director (2016–present) of Vanguard Marketing Corporation. Executive vice president and chief financial officer (2006–2016) of MassMutual Financial Group.
John E. Schadl
Born in 1972. Principal occupation(s) during the past five years and other experience: principal of Vanguard. Chief compliance officer (2019–present) of Vanguard and of each of the investment companies served by Vanguard. Assistant vice president (May 2019–present) of Vanguard Marketing Corporation.
Vanguard Senior Management Team |
| |
Joseph Brennan | Chris D. McIsaac |
Mortimer J. Buckley | James M. Norris |
Gregory Davis | Thomas M. Rampulla |
John James | Karin A. Risi |
Martha G. King | Anne E. Robinson |
John T. Marcante | Michael Rollings |
| 
|
| |
| |
| P.O. Box 2600 |
| Valley Forge, PA 19482-2600 |
Connect with Vanguard® > vanguard.com
Fund Information > 800-662-7447
Direct Investor Account Services > 800-662-2739
Institutional Investor Services > 800-523-1036
Text Telephone for People
Who Are Deaf or Hard of Hearing > 800-749-7273
This material may be used in conjunction with the offering of shares of any Vanguard fund only if preceded or accompanied by the fund’s current prospectus.
You can obtain a free copy of Vanguard’s proxy voting guidelines by visiting vanguard.com/proxyreporting or by calling Vanguard at 800-662-2739. The guidelines are also available from the SEC’s website, www.sec.gov. In addition, you may obtain a free report on how your fund voted the proxies for securities it owned during the 12 months ended June 30. To get the report, visit either vanguard.com/proxyreporting or www.sec.gov.
You can review information about your fund on the SEC’s website, and you can receive copies of this information, for a fee, by sending a request via email addressed to publicinfo@sec.gov.
| © 2019 The Vanguard Group, Inc. |
| All rights reserved. |
| Vanguard Marketing Corporation, Distributor. |
| |
| Q450 122019 |
Annual Report | October 31, 2019 Vanguard Municipal Bond Funds |
Vanguard Short-Term Tax-Exempt Fund Vanguard Limited-Term Tax-Exempt Fund Vanguard Intermediate-Term Tax-Exempt Fund Vanguard Long-Term Tax-Exempt Fund Vanguard High-Yield Tax-Exempt Fund See the inside front cover for important information about access to your fund’s annual and semiannual shareholder reports. |
Important information about access to shareholder reports
Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of your fund’s annual and semiannual shareholder reports will no longer be sent to you by mail, unless you specifically request them. Instead, you will be notified by mail each time a report is posted on the website and will be provided with a link to access the report.
If you have already elected to receive shareholder reports electronically, you will not be affected by this change and do not need to take any action. You may elect to receive shareholder reports and other communications from the fund electronically by contacting your financial intermediary (such as a broker-dealer or bank) or, if you invest directly with the fund, by calling Vanguard at one of the phone numbers on the back cover of this report or by logging on to vanguard.com.
You may elect to receive paper copies of all future shareholder reports free of charge. If you invest through a financial intermediary, you can contact the intermediary to request that you continue to receive paper copies. If you invest directly with the fund, you can call Vanguard at one of the phone numbers on the back cover of this report or log on to vanguard.com. Your election to receive paper copies will apply to all the funds you hold through an intermediary or directly with Vanguard.
Contents
A Note From Our Chairman | 1 |
Your Fund’s Performance at a Glance | 2 |
Advisor’s Report | 3 |
About Your Fund’s Expenses | 5 |
Short-Term Tax-Exempt Fund | 7 |
Limited-Term Tax-Exempt Fund | 61 |
Intermediate-Term Tax-Exempt Fund | 165 |
Long-Term Tax-Exempt Fund | 318 |
High-Yield Tax-Exempt Fund | 363 |
Please note: The opinions expressed in this report are just that—informed opinions. They should not be considered promises or advice. Also, please keep in mind that the information and opinions cover the period through the date on the front of this report. Of course, the risks of investing in your fund are spelled out in the prospectus.
A Note From Our Chairman
Tim Buckley
Chairman and Chief Executive Officer
Dear Shareholder,
Recent volatility in financial markets—affecting stocks, bonds, and commodities—has been a good reminder of the wise old adage, “Never keep all your eggs in one basket.” Maintaining balance and diversification in your investment portfolio can help to both limit risk and set you up for long-term success.
It’s understandable why some investors might become complacent after a long market run-up like the one that lifted stock prices, especially U.S. stock prices, in the years following the global financial crisis. But failing to rebalance regularly can leave a portfolio with a much different mix of assets than intended and, often, more risk than intended.
Balance across and diversification within asset classes are powerful tools for managing risk and achieving your investment goals. A portfolio’s allocation will determine a large portion of its long-term return and also the majority of its volatility risk. A well-diversified portfolio is less vulnerable to significant swings in the performance of any one segment of the asset classes in which it invests.
Balance and diversification will never eliminate the risk of loss, nor will they guarantee positive returns in a declining market. But they should reduce the chance that you’ll suffer disproportionate losses in one particular high-flying asset class or sector when it comes back to earth. And exposure to all key market components should give you at least some participation in the sectors that are performing best at any given time.
Vanguard is committed to helping you achieve balance and diversification in your portfolios to help meet your investment goals. We thank you for your continued loyalty.
Sincerely,
Mortimer J. Buckley
Chairman and Chief Executive Officer
November 18, 2019
1
Your Fund’s Performance at a Glance
· For the 12 months ended October 31, 2019, the returns for Admiral Shares of the five Vanguard tax-exempt bond funds discussed in this report ranged from 2.76% for the Short-Term Tax-Exempt Fund to 10.90% for the High-Yield Tax-Exempt Fund. Results of the funds versus their benchmark indexes were mixed.
· There was a marked shift in global monetary policy during the period. In the face of slowing global growth and intensifying trade disputes, many central banks turned more accommodative. The U.S. Federal Reserve, after raising its target for short-term interest rates four times in 2018, cut rates three times this calendar year and ended its balance sheet tapering. Bonds, including municipal issues, saw their yields fall and prices rise.
· The Short-Term Tax-Exempt Fund and Limited-Term Tax-Exempt Fund underperformed their benchmark indexes largely because their average durations (a measure of their sensitivity to changes in interest rates) were shorter than their benchmarks’ as yields fell. The three other funds had average durations that were longer than their indexes’, which helped their performance.
· The advisor continued to favor intermediate-term to long-term maturities, which helped performance as yields fell, and maintained a slight credit overweight that proved beneficial as recession fears went unrealized.
Market Barometer | | | | | | | |
| | Average Annual Total Returns
Periods Ended October 31, 2019 | |
| | One Year | | Three Years | | Five Years | |
Stocks | | | | | | | |
Russell 1000 Index (Large-caps) | | 14.15% | | 14.73% | | 10.55% | |
Russell 2000 Index (Small-caps) | | 4.90 | | 10.96 | | 7.37 | |
Russell 3000 Index (Broad U.S. market) | | 13.49 | | 14.47 | | 10.31 | |
FTSE All-World ex US Index (International) | | 11.52 | | 8.21 | | 4.16 | |
| | | | | | | |
Bonds | | | | | | | |
Bloomberg Barclays U.S. Aggregate Bond Index (Broad taxable market) | | 11.51% | | 3.29% | | 3.24% | |
Bloomberg Barclays Municipal Bond Index (Broad tax-exempt market) | | 9.42 | | 3.62 | | 3.55 | |
FTSE Three-Month U.S. Treasury Bill Index | | 2.35 | | 1.57 | | 0.98 | |
| | | | | | | |
CPI | | | | | | | |
Consumer Price Index | | 1.76% | | 2.11% | | 1.62% | |
2
Advisor’s Report
For the 12 months ended October 31, 2019, Vanguard’s five national tax-exempt bond funds posted returns that ranged from 2.68% for Investor Shares of Vanguard Short-Term Tax-Exempt Fund to 10.90% for Admiral Shares of Vanguard High-Yield Tax-Exempt Fund. Relative to their benchmark indexes, results were mixed.
With municipal bond prices rising, the funds’ 30-day SEC yields declined. The High-Yield Tax-Exempt Fund’s yield, for example, declined 126 basis points over the 12-month period to 2.33%. (Yields cited here are for Admiral Shares. A basis point is one-hundredth of a percentage point.) The other funds saw similar or smaller decreases, with the Short-Term Tax-Exempt Fund’s 30-day SEC yield slipping the least, 56 basis points, to 1.37%. The 30-day SEC yield is a proxy for a fund’s potential annualized rate of income.
Please note that the funds are permitted to invest in securities that would generate income distributions subject to the alternative minimum tax (AMT). During the fiscal year, only the High-Yield Tax-Exempt Fund owned such securities.
Investment environment
The financial markets were driven largely by shifts in the outlook for global growth and monetary policy during the period.
Further signs of a global slowdown and tepid inflation at the start of 2019 led to a pivot in monetary policy across much of the world as major central banks took a more accommodative stance. The labor market in the United States remained robust even as the pace of job creation eased a little. The unemployment rate continued to trend lower, falling to 3.6% by the end of the period, which helped keep consumers spending.
Although gross domestic product, the broadest measure of economic activity, expanded at an annual rate of about 3% after adjusting for inflation in the first quarter of 2019, its pace of growth has slowed since then amid fading effects from tax cuts, weaker business confidence, and trade disputes. Inflation has remained tame.
After raising rates in December, the Federal Reserve began to reverse gears with an announcement in March that it would end its balance sheet tapering. It then went on to lower the federal funds rate in August, September, and October. Those cuts, the first in more than a decade, were justified by policymakers as “insurance” meant to cushion the effects of trade policies and prolong an economic expansion already in its 11th year.
Although they are affected less by international developments, municipal bonds largely took their cues from Treasuries, whose yields fell across the maturity spectrum. The average yield of 2-year AAA-rated general obligation issues slipped 94 basis points to 1.14% by the end of the period. The comparable 10-year yield dropped 128 basis points to 1.48%.
Yields of Municipal Securities | | | | | |
(AAA-Rated General Obligation Issues) | | | | | |
| | October 31, | | October 31, | |
Maturity | | 2018 | | 2019 | |
2 years | | 2.08% | | 1.14% | |
5 years | | 2.32 | | 1.19 | |
10 years | | 2.76 | | 1.48 | |
30 years | | 3.44 | | 2.14 | |
Source: Vanguard.
Demand for muni bonds was strong through much of the period. That supported prices, as did supply in recent months. We thought that pre-refunding tax-exempt securities would come to an end after the 2017 tax reform legislation made tax-exempt interest on advance refunding bonds taxable. With rates falling so low, however, municipalities have been pre-refunding tax-exempt securities by issuing taxable securities, thereby shrinking the supply of longer-dated tax-exempt munis.
Credit quality in the municipal market remained solid overall as revenue collections were supported by the strong economy.
Management of the funds
Duration—a measure, expressed in years, of a portfolio’s sensitivity to changes in interest rates—had a mixed impact on the funds. The Short-Term and Intermediate-Term Tax-Exempt Funds had average durations that were structurally shorter than those of their benchmarks, a stance that detracted from their relative performance for the period given the significant decline in yields that occurred. On the other hand, the three other funds’ structural durations were longer than those of their benchmarks, which boosted their relative performance.
We maintained a tilt toward longer-term maturities, which helped as yields fell. For the 12 months, the average return for municipal bonds with a 3-year maturity was 4.44%, compared with 9.88% for 10-year bonds and 11.72% for 20-year bonds, as measured by the Bloomberg Barclays Municipal Bond Index.
A modest overweight to muni bonds on the lower rungs of the investment-grade credit ladder was intended principally to capture the additional yield they produce, especially as credit spreads versus Treasuries were fairly tight. For the 12 months, they performed better than their higher-quality counterparts as credit spreads compressed. Bonds rated A returned 9.94% and bonds rated BBB
3
returned 11.32%, according to the Bloomberg Barclays Municipal Bond Index, compared with 8.75% for bonds rated AAA.
Outlook
Global growth is set to keep softening, owing in part to trade tensions and policy uncertainty. The U.S. economy may slow to a pace of around 1% in 2020 after adjusting for inflation, below its normal trend growth of around 2%.
Other major economies are likely to see a deceleration as well. China, the world’s second-largest economy, is likely to grow at around 5.8% in 2020—but that figure could be markedly lower without further stimulus. In the euro area, growth may stay below trend, at about 1%, given recent indications that manufacturing weakness is spilling over into supply chains and the services sector.
This backdrop, along with modest wage gains and structural factors like technology advancements and globalization, is unlikely to fuel a surge in consumer prices.
The prospect of slowing growth and tame inflation is likely to elicit more monetary easing by major central banks. The Fed has cut rates by 75 basis points so far this year, and we believe it may well make further reductions depending on what happens with trade tariffs and the shape of the yield curve. Other central banks stand ready as well to provide further monetary support; fiscal stimulus is also under consideration, notably in Germany and China.
We expect to see periods of turbulence in the global economy in the year ahead. Based on that outlook and the fact that rates are low and credit spreads are tight, we are positioned going into the new fiscal year with plenty of dry powder on hand, which will allow us to take advantage of price dislocations as they arise.
Whatever the markets may bring, our experienced team of portfolio managers, traders, and credit analysts will continue to navigate this large, fragmented market to seek attractive investment opportunities that will add to the funds’ performance.
Paul M. Malloy, CFA, Principal,
Head of Municipal Bond Group
James M. D’Arcy, CFA, Portfolio Manager
Adam M. Ferguson, CFA, Portfolio Manager
Mathew M. Kiselak, Principal,
Portfolio Manager, Head of
Municipal Bond Desk
Justin A. Schwartz, CFA, Portfolio Manager,
Head of Municipal Money Market Funds
Vanguard Fixed Income Group
November 21, 2019
4
About Your Fund’s Expenses
As a shareholder of the fund, you incur ongoing costs, which include costs for portfolio management, administrative services, and shareholder reports (like this one), among others. Operating expenses, which are deducted from a fund’s gross income, directly reduce the investment return of the fund.
A fund’s expenses are expressed as a percentage of its average net assets. This figure is known as the expense ratio. The following examples are intended to help you understand the ongoing costs (in dollars) of investing in your fund and to compare these costs with those of other mutual funds. The examples are based on an investment of $1,000 made at the beginning of the period shown and held for the entire period.
The accompanying table illustrates your fund’s costs in two ways:
· Based on actual fund return. This section helps you to estimate the actual expenses that you paid over the period. The “Ending Account Value” shown is derived from the fund’s actual return, and the third column shows the dollar amount that would have been paid by an investor who started with $1,000 in the fund. You may use the information in this table, together with the amount you invested, to estimate the expenses that you paid over the period.
To do so, simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number given for your fund under the heading “Expenses Paid During Period.”
· Based on hypothetical 5% yearly return. This section is intended to help you compare your fund’s costs with those of other mutual funds. It assumes that the fund had a yearly return of 5% before expenses, but that the expense ratio is unchanged. In this case—because the return used is not the fund’s actual return—the results do not apply to your investment. The example is useful in making comparisons because the Securities and Exchange Commission requires all mutual funds to calculate expenses based on a 5% return. You can assess your fund’s costs by comparing this hypothetical example with the hypothetical examples that appear in shareholder reports of other funds.
Note that the expenses shown in the table are meant to highlight and help you compare ongoing costs only and do not reflect transaction costs incurred by the fund for buying and selling securities. Further, the expenses do not include any purchase, redemption, or account service fees described in the fund prospectus. If such fees were applied to your account, your costs would be higher. Your fund does not carry a “sales load.”
The calculations assume no shares were bought or sold during the period. Your actual costs may have been higher or lower, depending on the amount of your investment and the timing of any purchases or redemptions.
You can find more information about the fund’s expenses, including annual expense ratios, in the Financial Statements section of this report. For additional information on operating expenses and other shareholder costs, please refer to your fund’s current prospectus.
5
Six Months Ended October 31, 2019 | | | | | | | |
Tax-Exempt Fund | | Beginning
Account Value
4/30/2019 | | Ending
Account Value
10/31/2019 | | Expenses
Paid During
Period | |
Based on Actual Fund Return | | | | | | | |
Short-Term | | | | | | | |
Investor Shares | | $1,000.00 | | $1,011.93 | | $0.86 | |
Admiral™ Shares | | 1,000.00 | | 1,012.33 | | 0.46 | |
Limited-Term | | | | | | | |
Investor Shares | | $1,000.00 | | $1,018.62 | | $0.86 | |
Admiral Shares | | 1,000.00 | | 1,019.03 | | 0.46 | |
Intermediate-Term | | | | | | | |
Investor Shares | | $1,000.00 | | $1,032.31 | | $0.87 | |
Admiral Shares | | 1,000.00 | | 1,032.72 | | 0.46 | |
Long-Term | | | | | | | |
Investor Shares | | $1,000.00 | | $1,040.93 | | $0.87 | |
Admiral Shares | | 1,000.00 | | 1,041.35 | | 0.46 | |
High-Yield | | | | | | | |
Investor Shares | | $1,000.00 | | $1,042.52 | | $0.88 | |
Admiral Shares | | 1,000.00 | | 1,042.94 | | 0.46 | |
Based on Hypothetical 5% Yearly Return | | | | | | | |
Short-Term | | | | | | | |
Investor Shares | | $1,000.00 | | $1,024.35 | | $0.87 | |
Admiral Shares | | 1,000.00 | | 1,024.75 | | 0.46 | |
Limited-Term | | | | | | | |
Investor Shares | | $1,000.00 | | $1,024.35 | | $0.87 | |
Admiral Shares | | 1,000.00 | | 1,024.75 | | 0.46 | |
Intermediate-Term | | | | | | | |
Investor Shares | | $1,000.00 | | $1,024.35 | | $0.87 | |
Admiral Shares | | 1,000.00 | | 1,024.75 | | 0.46 | |
Long-Term | | | | | | | |
Investor Shares | | $1,000.00 | | $1,024.35 | | $0.87 | |
Admiral Shares | | 1,000.00 | | 1,024.75 | | 0.46 | |
High-Yield | | | | | | | |
Investor Shares | | $1,000.00 | | $1,024.35 | | $0.87 | |
Admiral Shares | | 1,000.00 | | 1,024.75 | | 0.46 | |
The calculations are based on expenses incurred in the most recent six-month period. The funds’ annualized six-month expense ratios for that period are: for the Short-Term Tax-Exempt Fund, 0.17% for Investor Shares and 0.09% for Admiral Shares; for the Limited-Term Tax-Exempt Fund, 0.17% for Investor Shares and 0.09% for Admiral Shares; for the Intermediate-Term Tax-Exempt Fund, 0.17% for Investor Shares and 0.09% for Admiral Shares; for the Long-Term Tax-Exempt Fund, 0.17% for Investor Shares and 0.09% for Admiral Shares; and for the High-Yield Tax-Exempt Fund, 0.17% for Investor Shares and 0.09% for Admiral Shares. The dollar amounts shown as “Expenses Paid” are equal to the annualized expense ratio multiplied by the average account value over the period, multiplied by the number of days in the most recent six-month period, then divided by the number of days in the most recent 12-month period (184/365).
6
Short-Term Tax-Exempt Fund
Performance Summary
All of the returns in this report represent past performance, which is not a guarantee of future results that may be achieved by the fund. (Current performance may be lower or higher than the performance data cited. For performance data current to the most recent month-end, visit our website at vanguard.com/performance.) Note, too, that both investment returns and principal value can fluctuate widely, so an investor’s shares, when sold, could be worth more or less than their original cost. The returns shown do not reflect taxes that a shareholder would pay on fund distributions or on the sale of fund shares.
Cumulative Performance: October 31, 2009–October 31, 2019
Initial Investment of $10,000
| | | | Average Annual Total Returns
Periods Ended October 31, 2019 | | Final Value
of a $10,000 |
| | | | One Year | | Five Years | | Ten Years | | Investment |
| | Short-Term Tax-Exempt Fund Investor Shares | | 2.68% | | 1.09% | | 1.06% | | $11,114 |
| | Bloomberg Barclays 1 Year Municipal Bond Index | | 2.84 | | 1.14 | | 1.11 | | 11,171 |
| | Bloomberg Barclays Municipal Bond Index | | 9.42 | | 3.55 | | 4.40 | | 15,388 |
| | | | | | | | | | |
| | | | One Year | | Five Years | | Ten Years | | Final Value
of a $50,000
Investment |
Short-Term Tax-Exempt Fund Admiral Shares | | 2.76% | | 1.18% | | 1.15% | | $56,038 |
Bloomberg Barclays 1 Year Municipal Bond Index | | 2.84 | | 1.14 | | 1.11 | | 55,856 |
Bloomberg Barclays Municipal Bond Index | | 9.42 | | 3.55 | | 4.40 | | 76,939 |
See Financial Highlights for dividend and capital gains information.
7
Short-Term Tax-Exempt Fund
Largest Area Concentrations
As of October 31, 2019
New York | 15.3% |
Texas | 15.2 |
Illinois | 7.4 |
Pennsylvania | 6.2 |
Massachusetts | 4.0 |
California | 4.0 |
Ohio | 3.6 |
Georgia | 3.4 |
Florida | 3.2 |
Maryland | 3.2 |
Top Ten | 65.5% |
The table shows the percentage of net assets, excluding any futures contracts.
8
Short-Term Tax-Exempt Fund
Financial Statements
Statement of Net Assets
As of October 31, 2019
The fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission (SEC) for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. The fund’s Form N-PORT reports will be available on the SEC’s website at www.sec.gov.
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
Tax-Exempt Municipal Bonds (98.5%) | | | | | | |
Alabama (0.9%) | | | | | | |
| Alabama 21st Century Authority Tobacco Settlement Revenue | 5.000% | 6/1/20 | | 1,500 | | 1,531 |
1 | Alabama Federal Aid Highway Finance Authority GAN TOB VRDO | 1.270% | 11/7/19 | (Prere.) | 8,000 | | 8,000 |
1 | Alabama Federal Aid Highway Finance Authority Special Obligation Revenue TOB VRDO | 1.150% | 11/7/19 | | 14,540 | | 14,540 |
| Alabama Special Care Facilities Financing Authority Birmingham Revenue (Ascension Health Credit Group) PUT | 1.850% | 11/1/22 | | 5,165 | | 5,228 |
| Black Belt Energy Gas District Alabama Gas Prepay Revenue (Project No. 3) PUT | 5.000% | 12/1/19 | | 500 | | 501 |
| Black Belt Energy Gas District Alabama Gas Prepay Revenue (Project No. 3) PUT | 5.000% | 12/1/21 | | 1,000 | | 1,069 |
| Black Belt Energy Gas District Alabama Gas Prepay Revenue (Project No. 3) PUT | 5.000% | 12/1/22 | | 2,255 | | 2,477 |
| Black Belt Energy Gas District Alabama Gas Prepay Revenue (Project No. 3) PUT | 4.000% | 12/1/23 | | 21,285 | | 22,882 |
2 | Black Belt Energy Gas District Alabama Gas Prepay Revenue (Project No. 3) PUT, 67% of 1M USD LIBOR + 0.900% | 2.261% | 12/1/23 | | 17,500 | | 17,358 |
| Black Belt Energy Gas District Alabama Gas Supply Revenue PUT | 4.000% | 6/1/21 | | 8,550 | | 8,865 |
| Black Belt Energy Gas District Alabama Gas Supply Revenue PUT | 4.000% | 7/1/22 | | 21,400 | | 22,678 |
| Huntsville AL GO | 5.000% | 5/1/22 | | 1,170 | | 1,280 |
| Jefferson County AL GO | 5.000% | 4/1/20 | | 2,500 | | 2,536 |
| Jefferson County AL GO | 5.000% | 4/1/21 | | 2,000 | | 2,098 |
| Jefferson County AL GO | 5.000% | 4/1/22 | | 3,500 | | 3,796 |
| Jefferson County AL GO | 5.000% | 4/1/23 | | 1,375 | | 1,537 |
| Jefferson County AL Revenue | 5.000% | 9/15/20 | | 1,250 | | 1,291 |
| Jefferson County AL Revenue | 5.000% | 9/15/21 | | 1,625 | | 1,736 |
| Jefferson County AL Revenue | 5.000% | 9/15/22 | | 625 | | 689 |
| Mobile County AL Board of School Commissioners GO | 5.000% | 3/1/20 | | 1,275 | | 1,289 |
| Prattville AL Industrial Development Board Environmental Improvement Revenue (International Paper Co.) PUT | 2.000% | 10/1/24 | | 450 | | 455 |
| Prattville AL Industrial Development Board Environmental Improvement Revenue (International Paper Co.) PUT | 2.000% | 10/1/24 | | 450 | | 455 |
| Southeast Alabama Gas Supply District Revenue | 5.000% | 4/1/20 | | 1,265 | | 1,282 |
| Southeast Alabama Gas Supply District Revenue | 5.000% | 4/1/21 | | 3,000 | | 3,140 |
| Southeast Alabama Gas Supply District Revenue | 4.000% | 6/1/21 | | 1,250 | | 1,298 |
| Southeast Alabama Gas Supply District Revenue | 5.000% | 4/1/22 | | 5,000 | | 5,389 |
| Southeast Alabama Gas Supply District Revenue | 4.000% | 6/1/22 | | 1,225 | | 1,298 |
| Southeast Alabama Gas Supply District Revenue | 5.000% | 4/1/23 | | 10,395 | | 11,494 |
| Southeast Alabama Gas Supply District Revenue | 4.000% | 6/1/23 | | 2,000 | | 2,164 |
| Southeast Alabama Gas Supply District Revenue PUT | 4.000% | 6/1/24 | | 6,675 | | 7,290 |
| UAB Medicine Financial Authority AL Revenue | 5.000% | 9/1/20 | | 420 | | 433 |
| UAB Medicine Financial Authority AL Revenue | 5.000% | 9/1/21 | | 460 | | 491 |
| UAB Medicine Financial Authority AL Revenue | 5.000% | 9/1/22 | | 500 | | 551 |
| | | | | | | 157,121 |
Alaska (0.1%) | | | | | | |
| Alaska Railroad Corp. Capital Grant Receipt Revenue | 5.000% | 8/1/20 | | 6,900 | | 7,087 |
| Anchorage AK GO | 5.000% | 9/1/22 | | 1,500 | | 1,658 |
| Anchorage AK GO | 5.000% | 9/1/22 | | 1,000 | | 1,106 |
| Matanuska-Susitna Borough AK Lease Revenue (Goose Creek Correctional Center) GO | 5.000% | 9/1/22 | | 1,500 | | 1,652 |
| North Slope Borough AK GO | 5.000% | 6/30/20 | (Prere.) | 5,000 | | 5,127 |
| North Slope Borough AK GO | 5.000% | 6/30/20 | | 625 | | 641 |
| North Slope Borough AK GO | 5.000% | 6/30/21 | | 625 | | 663 |
| North Slope Borough AK GO | 5.000% | 6/30/22 | | 950 | | 1,010 |
| | | | | | | 18,944 |
Arizona (1.2%) | | | | | | |
| Arizona COP | 5.000% | 10/1/20 | | 10,000 | | 10,344 |
| Arizona COP | 5.000% | 10/1/21 | | 8,000 | | 8,576 |
| Arizona COP | 5.000% | 10/1/22 | | 9,000 | | 9,972 |
| Arizona Health Facilities Authority Hospital System Revenue (Phoenix Children’s Hospital) | 5.000% | 2/1/20 | | 1,000 | | 1,009 |
| Arizona Health Facilities Authority Revenue (Banner Health) | 5.000% | 1/1/23 | | 1,750 | | 1,951 |
1 | Arizona Health Facilities Authority Revenue (Dignity Health) TOB VRDO | 1.390% | 11/7/19 | LOC | 23,295 | | 23,295 |
| Arizona Lottery Revenue | 5.000% | 7/1/21 | | 3,500 | | 3,720 |
| Arizona Lottery Revenue | 5.000% | 7/1/22 | | 7,500 | | 8,249 |
| Arizona Lottery Revenue | 5.000% | 7/1/23 | | 2,500 | | 2,842 |
| Arizona Transportation Board Excise Tax Revenue | 5.000% | 7/1/20 | | 2,000 | | 2,051 |
9
Short-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Arizona Transportation Board Highway Revenue | 5.000% | 7/1/22 | | 1,685 | | 1,792 |
| Arizona Water Infrastructure Finance Authority Revenue | 5.000% | 10/1/22 | | 2,365 | | 2,625 |
| Glendale AZ GO | 4.000% | 7/1/20 | (4) | 2,920 | | 2,974 |
| Maricopa County AZ Industrial Development Authority Health Facilities Revenue (Banner Health Obligated Group) PUT | 5.000% | 10/18/22 | | 11,000 | | 12,166 |
2 | Maricopa County AZ Industrial Development Authority Health Facilities Revenue (Banner Health Obligated Group) PUT, SIFMA Municipal Swap Index Yield + 0.380% | 1.500% | 10/18/22 | | 7,500 | | 7,513 |
1 | Maricopa County AZ Industrial Development Authority Health Facilities Revenue (Banner Health Obligated Group) TOB VRDO | 1.140% | 11/7/19 | | 5,730 | | 5,730 |
1 | Maricopa County AZ Industrial Development Authority Health Facilities Revenue (Banner Health Obligated Group) TOB VRDO | 1.150% | 11/7/19 | | 16,850 | | 16,850 |
| Maricopa County AZ Industrial Development Authority Hospital Revenue (Honorhealth) | 5.000% | 9/1/21 | | 750 | | 800 |
| Maricopa County AZ Industrial Development Authority Hospital Revenue (Honorhealth) | 5.000% | 9/1/22 | | 1,000 | | 1,099 |
| Maricopa County AZ Industrial Development Authority Hospital Revenue (Honorhealth) | 5.000% | 9/1/23 | | 500 | | 565 |
| Maricopa County AZ Unified School District No. 4 (Mesa) GO | 5.000% | 7/1/22 | | 2,500 | | 2,750 |
| Phoenix AZ Civic Improvement Corp. Excise Tax Revenue | 5.000% | 7/1/21 | | 11,870 | | 12,624 |
| Phoenix AZ Civic Improvement Corp. Excise Tax Revenue | 5.000% | 7/1/21 | | 11,565 | | 12,300 |
| Phoenix AZ GO | 4.000% | 7/1/20 | | 10,095 | | 10,285 |
| Phoenix AZ GO | 4.000% | 7/1/24 | | 2,025 | | 2,174 |
| Pima County AZ Industrial Development Authority Revenue (American Leadership Academy Inc.) | 4.000% | 6/15/21 | | 315 | | 324 |
| Pima County AZ Industrial Development Authority Revenue (American Leadership Academy Inc.) | 4.000% | 6/15/22 | | 650 | | 679 |
| Pima County AZ Regional Transportation Authority Excise Tax Revenue | 5.000% | 6/1/21 | (Prere.) | 4,215 | | 4,466 |
| Pima County AZ Sewer Revenue | 5.000% | 7/1/21 | | 3,000 | | 3,190 |
| Regional Public Transportation Authority Arizona Excise Tax Revenue | 5.000% | 7/1/22 | | 1,000 | | 1,101 |
| Salt River AZ Project Agricultural Improvement & Power District Revenue | 5.000% | 12/1/23 | | 8,990 | | 9,702 |
| Tempe AZ Industrial Development Authority Revenue (Mirabella at ASU Project) | 4.000% | 10/1/23 | | 7,250 | | 7,320 |
| Yavapai County AZ Industrial Development Authority Hospital Facility Revenue (Yavapai Regional Medical Center) | 5.000% | 8/1/21 | | 250 | | 266 |
| Yavapai County AZ Industrial Development Authority Hospital Facility Revenue (Yavapai Regional Medical Center) | 5.000% | 8/1/22 | | 425 | | 467 |
| Yavapai County AZ Industrial Development Authority Hospital Facility Revenue (Yavapai Regional Medical Center) | 5.000% | 8/1/23 | | 375 | | 425 |
| Yavapai County AZ Industrial Development Authority Solid Waste Disposal Revenue (Republic Services Inc.) PUT | 1.300% | 12/2/19 | | 7,500 | | 7,501 |
| | | | | | | 199,697 |
Arkansas (0.0%) | | | | | | |
| Rogers AR School District No. 30 GO | 5.000% | 2/1/20 | | 1,000 | | 1,009 |
| Rogers AR School District No. 30 GO | 5.000% | 2/1/21 | | 1,500 | | 1,568 |
| | | | | | | 2,577 |
California (4.0%) | | | | | | |
| Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT | 2.000% | 4/1/21 | | 12,385 | | 12,476 |
| Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT | 2.100% | 4/1/22 | | 8,750 | | 8,914 |
| Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT | 2.250% | 4/1/22 | | 15,350 | | 15,677 |
2 | Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT, 70% of 3M USD LIBOR + 0.550% | 2.019% | 4/1/21 | | 14,990 | | 15,015 |
2 | Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT, SIFMA Municipal Swap Index Yield + 0.700% | 1.820% | 4/1/21 | | 50 | | 50 |
2 | California Department of Water Resources Water System Revenue (Central Valley Project) PUT, SIFMA Municipal Swap Index Yield + 0.220% | 1.340% | 12/1/20 | | 15,900 | | 15,904 |
2 | California Department of Water Resources Water System Revenue (Central Valley Project) PUT, SIFMA Municipal Swap Index Yield + 0.370% | 1.490% | 12/1/22 | | 1,000 | | 1,003 |
3 | California GO | 5.000% | 8/1/20 | | 20,000 | | 20,577 |
| California GO | 5.000% | 8/1/20 | | 10,325 | | 10,623 |
| California GO | 5.000% | 9/1/20 | | 10,075 | | 10,398 |
| California GO | 5.250% | 10/1/20 | | 20 | | 20 |
| California GO | 5.000% | 11/1/21 | | 43,230 | | 46,599 |
| California GO | 5.000% | 11/1/21 | | 14,180 | | 15,285 |
| California GO | 5.000% | 4/1/22 | | 14,500 | | 15,856 |
| California GO PUT | 4.000% | 12/1/21 | | 8,225 | | 8,595 |
2 | California GO PUT, 70% of 1M USD LIBOR + 0.700% | 2.111% | 12/1/20 | | 3,500 | | 3,510 |
2 | California GO PUT, 70% of 1M USD LIBOR + 0.760% | 2.171% | 12/1/21 | | 10,575 | | 10,651 |
2 | California GO PUT, SIFMA Municipal Swap Index Yield + 0.290% | 1.410% | 12/1/20 | | 35,800 | | 35,805 |
2 | California GO PUT, SIFMA Municipal Swap Index Yield + 0.380% | 1.500% | 12/1/22 | | 42,615 | | 42,670 |
2 | California GO PUT, SIFMA Municipal Swap Index Yield + 0.430% | 1.550% | 12/1/23 | | 2,000 | | 2,005 |
4 | California Health Facilities Financing Authority Revenue (Adventist Health System/West) PUT | 3.000% | 3/1/24 | | 10,000 | | 10,595 |
| California Health Facilities Financing Authority Revenue (El Camino Hospital) | 5.000% | 2/1/20 | | 600 | | 606 |
| California Health Facilities Financing Authority Revenue (El Camino Hospital) | 5.000% | 2/1/21 | | 1,000 | | 1,049 |
1 | California Health Facilities Financing Authority Revenue (Lucile Salter Packard Children’s Hospital at Stanford) TOB VRDO | 1.120% | 11/7/19 | | 6,750 | | 6,750 |
| California Health Facilities Financing Authority Revenue (Providence St. Joseph Health Obligated Group) PUT | 1.250% | 10/1/20 | | 11,400 | | 11,391 |
10
Short-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| California Health Facilities Financing Authority Revenue (St. Joseph Health System) PUT | 5.000% | 10/15/20 | | 1,800 | | 1,863 |
1 | California Health Facilities Financing Authority Revenue VRDO | 1.340% | 11/7/19 | LOC | 50,000 | | 50,000 |
2 | California Infrastructure & Economic Development Bank Revenue (Academy of Motion Picture Arts & Sciences Obligated Group) PUT, 70% of 1M USD LIBOR + 0.950% | 2.197% | 11/1/20 | | 250 | | 250 |
2 | California Infrastructure & Economic Development Bank Revenue (California Academy of Sciences) PUT, 70% of 1M USD LIBOR + 0.380% | 1.640% | 8/1/21 | | 15,200 | | 15,184 |
2 | California Infrastructure & Economic Development Bank Revenue (J. Paul Getty Trust) PUT, 70% of 1M USD LIBOR + 0.200% | 1.622% | 4/1/21 | | 6,640 | | 6,644 |
2 | California Infrastructure & Economic Development Bank Revenue (J. Paul Getty Trust) PUT, 70% of 3M USD LIBOR + 0.370% | 1.839% | 4/1/20 | | 5,625 | | 5,629 |
2 | California Infrastructure & Economic Development Bank Revenue (J. Paul Getty Trust) PUT, 70% of 3M USD LIBOR + 0.370% | 1.839% | 4/1/20 | | 4,500 | | 4,503 |
2 | California Infrastructure & Economic Development Bank Revenue PUT, 70% of 1M USD LIBOR + 0.650% | 1.897% | 2/1/21 | | 25,000 | | 25,061 |
2 | California Municipal Finance Authority Revenue (Anaheim Electric Utility Distribution System) PUT, SIFMA Municipal Swap Index Yield + 0.350% | 1.470% | 12/1/20 | | 1,400 | | 1,401 |
| California Municipal Finance Authority Revenue (Biola University) | 5.000% | 10/1/20 | | 305 | | 315 |
| California Municipal Finance Authority Revenue (California Lutheran University) | 5.000% | 10/1/20 | | 325 | | 336 |
| California Municipal Finance Authority Revenue (California Lutheran University) | 5.000% | 10/1/21 | | 250 | | 267 |
| California Municipal Finance Authority Revenue (California Lutheran University) | 5.000% | 10/1/22 | | 250 | | 275 |
| California Municipal Finance Authority Revenue (Community Hospitals of Central California Obligated Group) | 5.000% | 2/1/20 | | 625 | | 631 |
| California Municipal Finance Authority Revenue (Community Hospitals of Central California Obligated Group) | 5.000% | 2/1/21 | | 1,000 | | 1,047 |
| California Statewide Communities Development Authority Health Facility Revenue (Catholic Healthcare West) | 1.670% | 11/8/19 | (4) | 2,950 | | 2,950 |
| California Statewide Communities Development Authority Health Facility Revenue (Catholic Healthcare West) | 1.750% | 11/8/19 | (4) | 36,325 | | 36,325 |
| California Statewide Communities Development Authority Hospital Revenue (Methodist Hospital of Southern California) | 5.000% | 1/1/20 | | 350 | | 352 |
| California Statewide Communities Development Authority Hospital Revenue (Methodist Hospital of Southern California) | 5.000% | 1/1/21 | | 300 | | 312 |
| California Statewide Communities Development Authority Hospital Revenue (Methodist Hospital of Southern California) | 5.000% | 1/1/22 | | 500 | | 537 |
1 | California Statewide Communities Development Authority Revenue (Cottage Health System Obligated Group) TOB VRDO | 1.270% | 11/7/19 | | 13,435 | | 13,435 |
| California Statewide Communities Development Authority Revenue (Dignity Health System Obligated Group) | 1.670% | 11/8/19 | (4) | 825 | | 825 |
1 | California Statewide Communities Development Authority Revenue (John Muir Health) PUT | 4.000% | 8/15/24 | | 10,405 | | 11,615 |
| California Statewide Communities Development Authority Student Housing Revenue (CHF-Irvine LLC - UCI East Campus Apartments Phase II) | 5.000% | 5/15/20 | | 500 | | 510 |
2 | Contra Costa CA Transportation Authority Sales Tax Revenue PUT, 70% of 1M USD LIBOR + 0.250% | 1.672% | 9/1/21 | | 1,500 | | 1,499 |
2 | Eastern California Municipal Water District Water& Wastewater Revenue PUT, 70% of 1M USD LIBOR + 0.300% | 1.722% | 10/1/21 | | 2,450 | | 2,451 |
2 | Eastern California Municipal Water District Water& Wastewater Revenue PUT, SIFMA Municipal Swap Index Yield + 0.250% | 1.370% | 10/1/21 | | 850 | | 850 |
| Fresno CA Joint Powers Financing Authority Lease Revenue | 5.000% | 4/1/20 | | 3,000 | | 3,047 |
| Fresno CA Joint Powers Financing Authority Lease Revenue | 5.000% | 4/1/21 | | 1,250 | | 1,317 |
1 | Fresno CA Unified School District GO TOB VRDO | 1.270% | 11/7/19 | | 6,170 | | 6,170 |
| Golden State Tobacco Securitization Corp. California Revenue | 5.000% | 6/1/20 | | 3,335 | | 3,404 |
| Golden State Tobacco Securitization Corp. California Revenue | 5.000% | 6/1/21 | | 2,745 | | 2,897 |
| Golden State Tobacco Securitization Corp. California Revenue | 5.000% | 6/1/22 | | 7,165 | | 7,785 |
1 | Golden State Tobacco Securitization Corp. California Revenue TOB VRDO | 1.220% | 11/7/19 | LOC | 4,960 | | 4,960 |
| Long Beach CA Finance Authority Natural Gas Purchase Revenue | 5.250% | 11/15/19 | | 1,500 | | 1,502 |
| Long Beach CA Harbor Revenue | 5.000% | 12/15/20 | | 18,500 | | 19,317 |
| Los Angeles CA Wastewater System Revenue | 5.000% | 6/1/21 | | 1,200 | | 1,276 |
1 | Nuveen California AMT-Free Quality Municipal Income Fund VRDP VRDO | 1.130% | 11/7/19 | LOC | 10,000 | | 10,000 |
| Palomar Pomerado Health California COP | 2.450% | 11/6/19 | (4) | 4,775 | | 4,775 |
2 | Riverside CA Water Revenue PUT, SIFMA Municipal Swap Index Yield + 0.630% | 1.750% | 1/15/20 | | 1,670 | | 1,673 |
1 | Riverside County CA Public Financing Authority Lease Revenue TOB VRDO | 1.170% | 11/7/19 | LOC | 1,150 | | 1,150 |
1 | Sacramento CA Municipal Utility District Revenue TOB VRDO | 1.170% | 11/7/19 | | 7,500 | | 7,500 |
1 | San Diego CA Community College District GO TOB VRDO | 1.170% | 11/7/19 | (Prere.) | 4,200 | | 4,200 |
| San Diego County CA Regional Transportation Commission Revenue | 4.000% | 4/1/21 | | 20,000 | | 20,845 |
| San Francisco CA City & County Unified School District GO | 5.000% | 6/15/21 | | 7,045 | | 7,500 |
| Soledad CA Unified School District Revenue BAN | 0.000% | 8/1/21 | | 2,100 | | 2,045 |
| Southern California Public Power Authority Revenue (Canyon Power Project) PUT | 2.250% | 5/1/21 | | 5,000 | | 5,046 |
2 | Southern California Public Power Authority Revenue (Canyon Power Project) PUT, SIFMA Municipal Swap Index Yield + 0.250% | 1.370% | 5/1/21 | | 13,700 | | 13,701 |
| Southern California Public Power Authority Revenue (Magnolia Power Project) PUT | 2.000% | 7/1/20 | | 8,750 | | 8,776 |
| Stockton CA Public Financing Authority Water Revenue | 5.000% | 10/1/22 | (15) | 1,400 | | 1,553 |
11
Short-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
1 | University of California Revenue TOB VRDO | 1.270% | 11/7/19 | | 10,435 | | 10,435 |
| Washington Township CA Health Care District Revenue | 5.000% | 7/1/20 | | 625 | | 640 |
| Western California Municipal Water District Revenue PUT | 1.500% | 10/1/20 | | 7,325 | | 7,336 |
| | | | | | | 665,941 |
Colorado (1.3%) | | | | | | |
| Adams & Arapahoe CO Joint School District No. 28J GO | 5.000% | 12/1/19 | | 1,000 | | 1,003 |
| Adams & Arapahoe CO Joint School District No. 28J GO | 5.000% | 12/1/20 | | 1,455 | | 1,515 |
| Adams County CO COP | 4.000% | 12/1/19 | | 1,250 | | 1,253 |
| Colorado Health Facilities Authority Hospital Revenue (SCL Health System) | 5.000% | 1/1/23 | | 1,000 | | 1,115 |
| Colorado Health Facilities Authority Hospital Revenue (SCL Health System) | 5.000% | 1/1/24 | | 1,680 | | 1,930 |
| Colorado Health Facilities Authority Hospital Revenue (The Evangelical Lutheran Good Samaritan Society Project) | 5.000% | 6/1/20 | (ETM) | 1,495 | | 1,527 |
| Colorado Health Facilities Authority Hospital Revenue (The Evangelical Lutheran Good Samaritan Society Project) | 5.000% | 6/1/21 | (ETM) | 1,000 | | 1,058 |
| Colorado Health Facilities Authority Hospital Revenue (The Evangelical Lutheran Good Samaritan Society Project) | 5.000% | 6/1/22 | (ETM) | 720 | | 788 |
| Colorado Health Facilities Authority Hospital Revenue (Valley View Hospital Association) PUT | 2.800% | 5/15/23 | | 3,230 | | 3,344 |
| Colorado Health Facilities Authority Revenue (Adventist Health System/Sunbelt Obligated Group) PUT | 5.000% | 11/15/23 | | 2,500 | | 2,853 |
| Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) | 5.000% | 2/1/21 | (Prere.) | 750 | | 785 |
| Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) PUT | 1.875% | 11/6/19 | | 7,250 | | 7,250 |
2 | Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) PUT, 68% of 1M USD LIBOR + 1.250% | 2.631% | 11/12/20 | | 5,000 | | 5,014 |
2 | Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) PUT, 68% of 1M USD LIBOR + 1.250% | 2.631% | 11/12/20 | | 7,500 | | 7,521 |
| Colorado Health Facilities Authority Revenue (Christian Living Communities) | 4.000% | 1/1/20 | | 1,000 | | 1,003 |
| Colorado Health Facilities Authority Revenue (Christian Living Communities) | 4.000% | 1/1/21 | | 325 | | 333 |
| Colorado Health Facilities Authority Revenue (Christian Living Communities) | 4.000% | 1/1/25 | | 325 | | 353 |
| Colorado Health Facilities Authority Revenue (Sisters of Charity of Leavenworth Health System) | 5.000% | 1/1/21 | | 2,500 | | 2,515 |
| Colorado Housing & Finance Authority Multi-Family Mortgage Revenue | 1.350% | 2/1/22 | | 2,400 | | 2,394 |
2 | Colorado Public Highway Authority Revenue PUT, 67% of 1M USD LIBOR + 1.050% | 2.247% | 9/1/21 | | 3,000 | | 3,027 |
1 | Colorado Regional Transportation District CP TOB VRDO | 1.220% | 11/7/19 | | 18,255 | | 18,255 |
| Dawson Ridge CO Metropolitan District No. 1 GO | 0.000% | 10/1/22 | (ETM) | 6,000 | | 5,763 |
| Denver CO City & County Airport Revenue | 1.300% | 11/7/19 | (12) | 9,000 | | 9,000 |
| Denver CO City & County Airport Revenue | 1.410% | 11/8/19 | (12) | 15,550 | | 15,550 |
| Denver CO City & County Airport Revenue | 5.000% | 11/15/22 | | 5,000 | | 5,200 |
2 | Denver CO City & County Airport Revenue PUT, 70% of 1M USD LIBOR + 0.860% | 2.282% | 11/15/19 | | 14,015 | | 14,018 |
| Denver CO City & County Board of Water Commissioners Water Revenue | 4.000% | 12/15/22 | | 1,085 | | 1,150 |
2 | E-470 Public Highway Authority Colorado Revenue PUT, 67% of 1M USD LIBOR + 0.420% | 1.629% | 9/1/21 | | 1,625 | | 1,625 |
| Interlocken Metropolitan District Colorado GO | 5.000% | 12/1/21 | (4) | 400 | | 431 |
| Interlocken Metropolitan District Colorado GO | 5.000% | 12/1/22 | (4) | 675 | | 748 |
| Larimer County CO School District No. R-1 Poudre GO | 4.000% | 12/15/23 | | 795 | | 884 |
| Metro CO Wastewater Reclamation District Revenue | 5.000% | 4/1/22 | | 13,910 | | 15,186 |
| Moffat County CO Pollution Control Revenue (Tri-State Generation & Transmission Association Inc.) PUT | 2.000% | 10/3/22 | | 14,350 | | 14,394 |
| Park Creek CO Metropolitan District Limited Property Tax Revenue | 4.000% | 12/1/20 | | 1,055 | | 1,082 |
| Regional Transportation District of Colorado Sales Tax Revenue (Denver Transit Partners Eagle P3 Project) | 5.000% | 1/15/22 | | 2,800 | | 2,852 |
| Regional Transportation District of Colorado Sales Tax Revenue (Denver Transit Partners Eagle P3 Project) | 5.125% | 7/15/23 | | 3,250 | | 3,313 |
| Southlands CO Metropolitan District GO | 3.000% | 12/1/22 | | 174 | | 176 |
| University of Colorado Enterprise System Revenue | 5.000% | 6/1/22 | | 720 | | 789 |
| University of Colorado Enterprise System Revenue PUT | 2.000% | 10/15/24 | | 13,075 | | 13,311 |
| University of Colorado Hospital Authority Revenue PUT | 5.000% | 3/1/22 | | 16,350 | | 17,429 |
| University of Colorado Hospital Authority Revenue PUT | 5.000% | 11/15/24 | | 10,000 | | 11,587 |
| University of Colorado Hospital Authority Revenue VRDO | 1.200% | 11/7/19 | | 20,000 | | 20,000 |
| | | | | | | 219,324 |
Connecticut (2.3%) | | | | | | |
| Bridgeport CT GO | 5.000% | 8/15/20 | (4)(ETM) | 3,435 | | 3,537 |
| Bridgeport CT GO | 5.000% | 8/15/20 | (4) | 3,680 | | 3,781 |
| Connecticut GO | 5.000% | 4/15/20 | | 1,000 | | 1,017 |
| Connecticut GO | 5.000% | 6/15/20 | | 2,920 | | 2,988 |
| Connecticut GO | 5.000% | 9/15/20 | | 1,590 | | 1,642 |
| Connecticut GO | 5.000% | 12/1/20 | | 1,500 | | 1,504 |
| Connecticut GO | 5.000% | 4/15/21 | | 6,000 | | 6,327 |
| Connecticut GO | 5.000% | 6/15/21 | | 2,780 | | 2,949 |
| Connecticut GO | 5.000% | 4/15/22 | | 3,750 | | 4,078 |
| Connecticut GO | 5.000% | 4/15/22 | | 500 | | 544 |
| Connecticut GO | 5.000% | 5/15/22 | | 1,500 | | 1,583 |
| Connecticut GO | 5.000% | 5/15/22 | | 925 | | 1,008 |
| Connecticut GO | 5.000% | 6/15/22 | | 4,675 | | 5,110 |
12
Short-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Connecticut GO | 5.000% | 10/1/22 | | 1,425 | | 1,472 |
| Connecticut GO | 5.000% | 10/15/22 | | 6,295 | | 6,953 |
| Connecticut GO | 5.000% | 11/1/22 | | 500 | | 536 |
| Connecticut GO | 5.000% | 4/15/23 | | 3,375 | | 3,657 |
| Connecticut GO | 5.000% | 4/15/23 | | 2,405 | | 2,695 |
| Connecticut GO | 5.000% | 4/15/23 | | 3,200 | | 3,585 |
| Connecticut GO | 5.000% | 6/15/23 | | 1,105 | | 1,244 |
| Connecticut GO | 5.000% | 9/15/23 | | 1,310 | | 1,486 |
| Connecticut GO | 5.000% | 10/15/23 | | 3,645 | | 4,145 |
| Connecticut GO | 5.000% | 10/15/23 | | 500 | | 553 |
| Connecticut GO | 5.000% | 11/15/23 | | 955 | | 1,088 |
| Connecticut GO | 5.000% | 10/15/24 | | 3,305 | | 3,754 |
| Connecticut GO | 5.000% | 11/1/25 | | 1,750 | | 1,873 |
1 | Connecticut GO TOB VRDO | 1.160% | 11/7/19 | LOC | 25,750 | | 25,750 |
2 | Connecticut GO, SIFMA Municipal Swap Index Yield + 0.650% | 1.770% | 3/1/20 | | 1,400 | | 1,403 |
| Connecticut Health & Educational Facilities Authority Revenue (Connecticut State University System) | 5.000% | 11/1/20 | | 2,215 | | 2,294 |
| Connecticut Health & Educational Facilities Authority Revenue (Connecticut State University System) | 5.000% | 11/1/21 | | 1,325 | | 1,419 |
| Connecticut Health & Educational Facilities Authority Revenue (Covenant Retirement Communities) | 5.000% | 12/1/22 | | 1,000 | | 1,101 |
| Connecticut Health & Educational Facilities Authority Revenue (Nuvance Health) | 5.000% | 7/1/21 | | 2,290 | | 2,429 |
| Connecticut Health & Educational Facilities Authority Revenue (Nuvance Health) | 5.000% | 7/1/22 | | 2,925 | | 3,203 |
| Connecticut Health & Educational Facilities Authority Revenue (Nuvance Health) | 5.000% | 7/1/23 | | 1,800 | | 2,031 |
| Connecticut Health & Educational Facilities Authority Revenue (Nuvance Health) | 5.000% | 7/1/24 | | 2,200 | | 2,550 |
| Connecticut Health & Educational Facilities Authority Revenue (Trinity Health Corp.) | 3.000% | 12/1/19 | | 750 | | 751 |
| Connecticut Health & Educational Facilities Authority Revenue (University of New Haven) | 5.000% | 7/1/21 | | 1,380 | | 1,456 |
| Connecticut Health & Educational Facilities Authority Revenue (University of New Haven) | 5.000% | 7/1/22 | | 765 | | 829 |
| Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT | 1.650% | 2/3/20 | | 17,400 | | 17,415 |
| Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT | 1.800% | 2/9/21 | | 23,645 | | 23,802 |
| Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT | 1.800% | 2/9/21 | | 16,875 | | 16,987 |
| Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT | 2.050% | 7/12/21 | | 61,650 | | 62,450 |
| Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT | 2.000% | 2/8/22 | | 10,050 | | 10,218 |
| Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT | 2.000% | 2/8/22 | | 735 | | 748 |
| Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT | 2.000% | 2/8/22 | | 1,275 | | 1,297 |
| Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT | 1.450% | 7/1/22 | | 24,675 | | 24,775 |
| Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT | 1.450% | 7/1/22 | | 25,325 | | 25,428 |
| Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT | 5.000% | 7/1/22 | | 13,825 | | 15,186 |
| Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT | 5.000% | 7/1/22 | | 4,450 | | 4,888 |
| Connecticut Health & Educational Facilities Authority Revenue (Yale-New Haven Hospital Inc.) PUT | 1.800% | 7/1/24 | | 13,750 | | 13,958 |
| Connecticut Housing Finance Authority Revenue Housing Mortgage Finance Program PUT | 1.500% | 11/15/20 | | 1,155 | | 1,155 |
| Connecticut Housing Finance Authority Revenue Housing Mortgage Finance Program PUT | 2.600% | 11/15/21 | | 16,755 | | 16,773 |
| Connecticut Housing Finance Authority Revenue Housing Mortgage Finance Program PUT | 1.625% | 11/15/22 | | 1,000 | | 1,001 |
| Connecticut Special Tax Revenue | 5.000% | 10/1/22 | | 3,605 | | 3,981 |
| Connecticut Special Tax Revenue (Transportation Infrastructure) | 5.000% | 10/1/20 | | 2,500 | | 2,585 |
| Connecticut Special Tax Revenue (Transportation Infrastructure) | 5.000% | 9/1/23 | | 11,245 | | 12,772 |
1 | Connecticut Special Tax Revenue (Transportation Infrastructure) TOB VRDO | 1.180% | 11/7/19 | | 4,550 | | 4,550 |
| Hartford County CT Metropolitan District GO | 5.000% | 7/15/21 | | 1,310 | | 1,394 |
| Hartford County CT Metropolitan District GO | 5.000% | 7/15/22 | | 1,000 | | 1,100 |
| Hartford County CT Metropolitan District GO | 5.000% | 7/15/22 | | 2,500 | | 2,751 |
| Hartford County CT Metropolitan District GO | 5.000% | 7/15/23 | | 525 | | 596 |
| Hartford County CT Metropolitan District GO | 5.000% | 7/15/23 | | 1,000 | | 1,135 |
| Hartford County CT Metropolitan District GO | 5.000% | 7/15/23 | | 1,045 | | 1,186 |
| New Britain CT GO | 5.000% | 3/1/20 | (15)(ETM) | 1,050 | | 1,063 |
| New Britain CT GO | 5.000% | 3/1/20 | (15) | 125 | | 126 |
| New Haven CT GO | 5.000% | 8/15/21 | (4)(ETM) | 1,000 | | 1,068 |
| | | | | | | 384,713 |
Delaware (0.4%) | | | | | | |
| Delaware GO | 5.000% | 2/1/21 | | 1,560 | | 1,636 |
| Delaware GO | 5.000% | 3/1/21 | | 1,585 | | 1,668 |
| Delaware GO | 5.000% | 8/1/24 | | 2,665 | | 3,041 |
1 | Delaware River & Bay Authority Delaware Revenue TOB VRDO | 1.250% | 11/7/19 | | 8,135 | | 8,135 |
| Delaware Transportation Authority Transportation System Revenue | 5.000% | 7/1/20 | | 825 | | 846 |
| Delaware Transportation Authority Transportation System Revenue | 5.000% | 7/1/23 | | 10,000 | | 11,007 |
| New Castle County DE GO | 5.000% | 10/1/20 | | 7,470 | | 7,733 |
| New Castle County DE GO | 5.000% | 4/1/21 | | 2,355 | | 2,483 |
| New Castle County DE GO | 5.000% | 4/1/22 | | 1,845 | | 2,016 |
| New Castle County DE GO | 5.000% | 10/1/22 | | 5,520 | | 6,135 |
| University of Delaware Revenue | 5.000% | 11/1/20 | | 725 | | 752 |
| University of Delaware Revenue | 5.000% | 11/1/21 | | 800 | | 861 |
| University of Delaware Revenue | 5.000% | 11/1/22 | | 1,110 | | 1,234 |
13
Short-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| University of Delaware Revenue | 5.000% | 11/1/23 | | 1,065 | | 1,222 |
| University of Delaware Revenue | 5.000% | 11/1/24 | | 1,115 | | 1,318 |
1 | University of Delaware Revenue TOB VRDO | 1.210% | 11/7/19 | | 9,170 | | 9,170 |
| | | | | | | 59,257 |
District of Columbia (0.3%) | | | | | | |
1 | District of Columbia Housing Finance Agency Multifamily Housing Revenue (The Yards Parcel Project) TOB VRDO | 1.200% | 11/7/19 | LOC | 32,000 | | 32,000 |
1 | District of Columbia Housing Finance Agency Multifamily Housing Revenue (The Yards Parcel Project) TOB VRDO | 1.200% | 11/7/19 | LOC | 5,225 | | 5,225 |
1 | District of Columbia Income Tax Revenue TOB VRDO | 1.150% | 11/7/19 | | 12,910 | | 12,910 |
| Washington DC Convention & Sports Authority Revenue | 5.000% | 10/1/20 | | 2,500 | | 2,586 |
| Washington DC Convention & Sports Authority Revenue | 5.000% | 10/1/21 | | 2,500 | | 2,679 |
| | | | | | | 55,400 |
Florida (3.2%) | | | | | | |
| Alachua County FL Health Facilities Authority Revenue (Shands Teaching Hospital & Clinics, Inc. Project) | 5.000% | 12/1/21 | | 330 | | 354 |
| Alachua County FL Health Facilities Authority Revenue (Shands Teaching Hospital & Clinics, Inc. Project) | 5.000% | 12/1/22 | | 350 | | 388 |
| Alachua County FL Health Facilities Authority Revenue (Shands Teaching Hospital & Clinics, Inc. Project) | 4.000% | 12/1/23 | | 1,000 | | 1,100 |
| Alachua County FL Health Facilities Authority Revenue (Shands Teaching Hospital & Clinics, Inc. Project) | 5.000% | 12/1/24 | | 1,210 | | 1,415 |
| Atlantic Beach FL Health Care Facilities Revenue (Fleet Landing Project) | 3.000% | 11/15/23 | | 1,920 | | 1,931 |
1 | Broward County FL Airport System Revenue TOB VRDO | 1.150% | 11/7/19 | LOC | 31,360 | | 31,360 |
| Broward County FL GO | 5.000% | 1/1/21 | | 1,255 | | 1,311 |
| Broward County FL School Board COP | 5.000% | 7/1/20 | | 5,470 | | 5,604 |
| Broward County FL School Board COP | 5.000% | 7/1/22 | | 4,830 | | 5,303 |
| Cape Coral FL Utility Improvement Special Assessment Revenue | 1.900% | 9/1/20 | (4) | 920 | | 922 |
| Cape Coral FL Utility Improvement Special Assessment Revenue | 2.000% | 9/1/21 | (4) | 1,155 | | 1,162 |
| Citizens Property Insurance Corp. Florida Revenue (Coastal Account) | 5.000% | 6/1/20 | | 4,550 | | 4,563 |
| Escambia County FL Environmental Improvement Revenue (International Paper Co.) PUT | 2.000% | 10/1/24 | | 825 | | 835 |
| Escambia County FL Solid Waste Disposal System Revenue (Gulf Power Co. Project) PUT | 1.800% | 11/19/20 | | 20,000 | | 20,064 |
| Florida Board of Education Lottery Revenue | 5.000% | 7/1/21 | | 21,010 | | 22,349 |
| Florida Board of Education Public Education Capital Outlay GO | 5.000% | 6/1/22 | | 4,670 | | 5,127 |
| Florida Board of Education Public Education Capital Outlay GO | 5.000% | 6/1/23 | | 4,895 | | 5,553 |
| Florida Board of Education Public Education Revenue | 5.000% | 6/1/21 | | 5,190 | | 5,504 |
| Florida Board of Education Public Education Revenue | 5.000% | 6/1/22 | | 4,885 | | 5,363 |
| Florida Department of Environmental Protection & Preservation Revenue | 5.000% | 7/1/20 | | 13,160 | | 13,488 |
| Florida Department of Management Services COP | 5.000% | 11/1/21 | | 6,995 | | 7,524 |
| Florida Department of Transportation (Sunshine Skyway Bridge) Revenue | 5.000% | 7/1/20 | | 1,240 | | 1,270 |
| Florida Department of Transportation GO | 5.000% | 7/1/22 | | 3,450 | | 3,799 |
| Florida Department of Transportation GO | 5.000% | 7/1/23 | | 3,620 | | 4,119 |
| Florida Department of Transportation GO | 5.000% | 7/1/25 | | 1,000 | | 1,064 |
1 | Florida Development Finance Corp. Healthcare Facilities Revenue (Shands Jacksonville Medical Center Obligated Group) TOB VRDO | 1.170% | 11/7/19 | LOC | 20,100 | | 20,100 |
| Florida Governmental Utility Authority Revenue | 4.000% | 10/1/21 | (4) | 375 | | 395 |
| Florida Governmental Utility Authority Revenue | 5.000% | 10/1/22 | (4) | 600 | | 665 |
| Florida Governmental Utility Authority Revenue | 5.000% | 10/1/23 | (4) | 300 | | 342 |
| Florida Higher Educational Facilities Financing Authority Revenue (Florida Institute of Technology) | 5.000% | 10/1/20 | | 225 | | 232 |
| Florida Higher Educational Facilities Financing Authority Revenue (Florida Institute of Technology) | 5.000% | 10/1/22 | | 250 | | 273 |
| Florida Higher Educational Facilities Financing Authority Revenue (Florida Institute of Technology) | 5.000% | 10/1/24 | | 350 | | 400 |
1 | Florida Housing Finance Corp. Homeowner Mortgage Revenue TOB VRDO | 1.150% | 11/7/19 | | 11,645 | | 11,645 |
| Florida Municipal Power Agency Revenue | 5.000% | 10/1/20 | | 6,090 | | 6,298 |
1 | Fort Myers FL Utility Revenue TOB VRDO | 1.220% | 11/7/19 | | 4,070 | | 4,070 |
| Halifax Hospital Medical Center Florida Hospital Revenue | 5.000% | 6/1/20 | | 300 | | 306 |
| Halifax Hospital Medical Center Florida Hospital Revenue VRDO | 1.180% | 11/7/19 | LOC | 30,000 | | 30,000 |
| Highlands County FL Health Facilities Authority Hospital Revenue (Adventist Health System/Sunbelt Obligated Group) | 5.000% | 11/15/20 | | 460 | | 461 |
| Hillsborough County FL School Board COP | 5.000% | 7/1/21 | | 1,500 | | 1,593 |
| Jacksonville FL Electric Authority Electric System Revenue | 5.000% | 10/1/20 | | 1,320 | | 1,362 |
| Jacksonville FL Electric Authority Electric System Revenue | 5.000% | 10/1/20 | | 1,545 | | 1,594 |
| Jacksonville FL Electric Authority Electric System Revenue | 5.000% | 10/1/20 | | 2,945 | | 3,038 |
| Jacksonville FL Electric Authority Electric System Revenue | 5.000% | 10/1/20 | | 285 | | 294 |
1 | Jacksonville FL Electric Authority Electric System Revenue TOB VRDO | 1.270% | 11/7/19 | (Prere.) | 11,250 | | 11,250 |
| Jacksonville FL Electric Authority Revenue (St. John’s River Power Park) | 5.000% | 10/1/20 | | 1,500 | | 1,504 |
| Jacksonville FL Electric Authority Revenue (St. John’s River Power Park) | 5.000% | 10/1/22 | | 1,625 | | 1,629 |
| Jacksonville FL Electric Authority Water & Sewer Revenue | 5.000% | 10/1/21 | (ETM) | 1,500 | | 1,610 |
| Jacksonville FL Electric Authority Water & Sewer Revenue | 5.000% | 10/1/22 | (ETM) | 1,000 | | 1,109 |
| Jacksonville FL Electric Authority Water & Sewer Revenue | 5.000% | 10/1/23 | | 1,500 | | 1,703 |
| Jacksonville FL Electric Authority Water & Sewer Revenue | 5.000% | 10/1/23 | | 1,015 | | 1,152 |
14
Short-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
1,2 | Jacksonville FL Electric System Revenue TOB VRDO, SIFMA Municipal Swap Index Yield + 0.300% | 1.420% | 11/7/19 | | 46,680 | | 46,680 |
| Jacksonville FL Health Care Facilities Revenue (Brooks Rehabilitation) | 5.000% | 11/1/20 | | 815 | | 843 |
| Jacksonville FL Health Care Facilities Revenue (Brooks Rehabilitation) | 5.000% | 11/1/21 | | 735 | | 786 |
| Jacksonville FL Health Care Facilities Revenue (Brooks Rehabilitation) | 5.000% | 11/1/22 | | 765 | | 844 |
| Jacksonville FL Sales Tax Revenue | 5.000% | 10/1/22 | | 1,500 | | 1,657 |
| Jacksonville FL Special Revenue | 5.000% | 10/1/20 | | 2,500 | | 2,586 |
| Jacksonville FL Special Revenue | 5.000% | 10/1/20 | | 760 | | 786 |
| Jacksonville FL Special Revenue | 5.000% | 10/1/20 | | 4,000 | | 4,137 |
1 | Jacksonville FL Special Revenue TOB VRDO | 1.180% | 11/7/19 | | 7,800 | | 7,800 |
| Key West FL Utility Board Electricity Revenue | 5.000% | 10/1/21 | | 255 | | 273 |
| Key West FL Utility Board Electricity Revenue | 5.000% | 10/1/23 | | 255 | | 291 |
| Lakeland FL Hospital Revenue (Lakeland Regional Health Systems) | 5.000% | 11/15/20 | | 7,215 | | 7,491 |
| Lee Memorial Health System Florida Hospital Revenue | 5.000% | 4/1/22 | | 1,000 | | 1,086 |
| Lee Memorial Health System Florida Hospital Revenue | 5.000% | 4/1/23 | | 440 | | 492 |
| Lee Memorial Health System Florida Hospital Revenue | 5.000% | 4/1/24 | | 775 | | 891 |
| Manatee County FL School District Revenue | 5.000% | 10/1/20 | (4) | 1,000 | | 1,035 |
| Miami Beach FL Health Facilities Authority Revenue (Mount Sinai Medical Center) | 5.000% | 11/15/22 | | 760 | | 839 |
| Miami Beach FL Resort Tax Revenue | 5.000% | 9/1/20 | | 1,135 | | 1,171 |
1 | Miami Beach FL Resort Tax Revenue TOB VRDO | 1.160% | 11/7/19 | | 9,240 | | 9,240 |
| Miami FL Special Obligation Street & Sidewalk Improvement Program Revenue | 5.000% | 1/1/20 | (4) | 1,520 | | 1,529 |
| Miami FL Special Obligation Street & Sidewalk Improvement Program Revenue | 5.000% | 1/1/22 | (4) | 1,115 | | 1,200 |
| Miami FL Special Obligation Street & Sidewalk Improvement Program Revenue | 5.000% | 1/1/23 | (4) | 1,170 | | 1,296 |
| Miami-Dade County FL Aviation Revenue (Miami International Airport) | 5.000% | 10/1/21 | (4) | 1,445 | | 1,496 |
| Miami-Dade County FL Aviation Revenue (Miami International Airport) | 5.000% | 10/1/23 | | 500 | | 517 |
1 | Miami-Dade County FL Educational Finance Authority Revenue TOB VRDO | 1.270% | 11/7/19 | | 15,690 | | 15,690 |
| Miami-Dade County FL Expressway Authority Toll System Revenue | 5.000% | 7/1/21 | | 340 | | 360 |
| Miami-Dade County FL Expressway Authority Toll System Revenue | 5.000% | 7/1/22 | | 1,430 | | 1,561 |
| Miami-Dade County FL Expressway Authority Toll System Revenue | 4.000% | 7/1/23 | | 775 | | 843 |
| Miami-Dade County FL GO | 5.000% | 7/1/23 | | 3,045 | | 3,460 |
| Miami-Dade County FL School Board COP | 5.000% | 2/1/20 | | 2,250 | | 2,270 |
| Miami-Dade County FL Special Obligation Revenue | 5.000% | 4/1/22 | | 3,010 | | 3,282 |
| Miami-Dade County FL Special Obligation Revenue | 5.000% | 10/1/23 | | 1,200 | | 1,367 |
1 | Miami-Dade County FL Water & Sewer Revenue TOB VRDO | 1.150% | 11/7/19 | (12)(Prere.) | 23,750 | | 23,750 |
1 | Miami-Dade County FL Water & Sewer Revenue TOB VRDO | 1.220% | 11/7/19 | | 17,015 | | 17,015 |
| North Brevard County FL Hospital District Revenue | 5.000% | 1/1/22 | | 1,660 | | 1,774 |
| Okeechobee County FL Solid Waste Disposal Revenue (Waste Management Inc./Okeechobee Landfill Project) PUT | 1.550% | 7/1/21 | | 1,100 | | 1,098 |
| Orange County FL Health Facilities Authority Hospital Revenue (Orlando Health Inc.) | 5.000% | 10/1/23 | | 4,000 | | 4,569 |
1 | Orange County FL Health Facilities Authority Hospital Revenue (Orlando Health Inc.) TOB VRDO | 1.220% | 11/7/19 | LOC | 11,715 | | 11,715 |
| Orlando & Orange County FL Expressway Authority Revenue | 5.000% | 7/1/24 | (4) | 1,250 | | 1,372 |
| Orlando FL Tourist Development Tax Revenue | 3.000% | 11/1/19 | (4) | 1,380 | | 1,380 |
| Orlando FL Tourist Development Tax Revenue | 4.000% | 11/1/20 | (4) | 1,000 | | 1,026 |
| Orlando FL Tourist Development Tax Revenue | 4.000% | 11/1/21 | (4) | 1,000 | | 1,053 |
| Orlando FL Tourist Development Tax Revenue | 5.000% | 11/1/22 | (4) | 1,000 | | 1,108 |
| Orlando FL Utility Commission Utility System Revenue PUT | 5.000% | 10/1/20 | | 4,455 | | 4,608 |
| Palm Bay FL GO | 5.000% | 7/1/21 | (4) | 830 | | 883 |
| Palm Bay FL GO | 5.000% | 7/1/22 | (4) | 870 | | 956 |
| Palm Bay FL GO | 5.000% | 7/1/23 | (4) | 915 | | 1,038 |
| Palm Beach County FL Health Facilities Authority Hospital Revenue (Baptist Health South Florida Obligated Group) | 5.000% | 8/15/21 | | 825 | | 879 |
| Palm Beach County FL Health Facilities Authority Hospital Revenue (Baptist Health South Florida Obligated Group) | 5.000% | 8/15/22 | | 725 | | 799 |
| Palm Beach County FL Health Facilities Authority Hospital Revenue (Baptist Health South Florida Obligated Group) | 5.000% | 8/15/23 | | 500 | | 567 |
| Pasco County FL School Board COP | 1.670% | 11/8/19 | (2) | 7,450 | | 7,450 |
| Pasco County FL School District Sales Tax Revenue | 5.000% | 10/1/21 | | 1,000 | | 1,070 |
| Reedy Creek FL Improvement District GO | 5.000% | 6/1/22 | | 1,545 | | 1,694 |
| South Broward FL Hospital District Revenue | 5.000% | 5/1/20 | | 4,190 | | 4,266 |
| South Florida Water Management District COP | 5.000% | 10/1/20 | | 2,040 | | 2,111 |
1 | South Miami FL Health Facilities Authority (Baptist Health South Florida Obligated Group) TOB VRDO | 1.220% | 11/7/19 | | 16,625 | | 16,625 |
| South Miami FL Health Facilities Authority Revenue (Baptist Health South Florida Obligated Group) | 5.000% | 8/15/20 | | 1,125 | | 1,158 |
| South Miami FL Health Facilities Authority Revenue (Baptist Health South Florida Obligated Group) | 5.000% | 8/15/21 | | 1,250 | | 1,332 |
| South Miami FL Health Facilities Authority Revenue (Baptist Health South Florida Obligated Group) | 5.000% | 8/15/22 | | 1,075 | | 1,182 |
1 | South Miami FL Health Facilities Authority Revenue (Baptist Health South Florida Obligated Group) TOB VRDO | 1.220% | 11/7/19 | | 3,750 | | 3,750 |
1 | South Miami FL Health Financing Authority (Baptist Health Obligated Group) TOB VRDO | 1.220% | 11/7/19 | | 34,925 | | 34,925 |
| Tallahassee FL Health Facilities Revenue (Tallahassee Memorial HealthCare Inc. Project) | 5.000% | 12/1/20 | | 1,600 | | 1,658 |
15
Short-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Tampa Bay FL Regional Water Supply Authority Utility System Revenue | 5.000% | 10/1/22 | | 1,330 | | 1,430 |
| Volusia County FL School Board COP | 5.000% | 8/1/20 | (15) | 400 | | 411 |
| | | | | | | 532,948 |
Georgia (3.4%) | | | | | | |
| Atlanta GA Airport Passenger Facility Charge Revenue | 5.000% | 1/1/21 | | 8,345 | | 8,396 |
| Atlanta GA Airport Passenger Facility Charge Revenue | 5.000% | 1/1/22 | | 3,595 | | 3,617 |
1 | Atlanta GA Airport Revenue TOB VRDO | 1.160% | 11/7/19 | (4) | 10,000 | | 10,000 |
1 | Atlanta GA Water & Wastewater Revenue TOB VRDO | 1.150% | 11/7/19 | | 7,000 | | 7,000 |
| Augusta GA Water & Sewerage Revenue | 5.000% | 10/1/21 | | 7,530 | | 8,067 |
| Bartow County GA Development Authority Pollution Control Revenue (Georgia Power Co. Plant Bowen Project) PUT | 2.050% | 11/19/21 | | 2,050 | | 2,065 |
| Burke County GA Development Authority Pollution Control Revenue (Georgia Power Co. Plant Vogtle Project) PUT | 2.500% | 5/3/21 | | 28,470 | | 28,898 |
| Burke County GA Development Authority Pollution Control Revenue (Georgia Power Co. Plant Vogtle Project) PUT | 2.350% | 12/11/20 | | 3,200 | | 3,226 |
| Burke County GA Development Authority Pollution Control Revenue (Georgia Power Co. Plant Vogtle Project) PUT | 2.050% | 11/19/21 | | 1,625 | | 1,637 |
| Cobb County GA Kennestone Hospital Authority Revenue | 5.000% | 4/1/21 | | 505 | | 530 |
4 | Columbia County GA Water & Sewer Revenue | 5.000% | 6/1/22 | | 1,245 | | 1,346 |
4 | Columbia County GA Water & Sewer Revenue | 5.000% | 6/1/23 | | 960 | | 1,070 |
| Douglas County GA GO | 5.000% | 4/1/20 | | 3,200 | | 3,250 |
| Douglas County GA GO | 5.000% | 4/1/21 | | 1,500 | | 1,581 |
4 | Fayette County GA Hospital Authority Revenue (Piedmont Healthcare Inc.) PUT | 5.000% | 7/1/24 | | 2,250 | | 2,577 |
| Forsyth County GA School District GO | 5.000% | 2/1/22 | | 2,750 | | 2,986 |
| Fulton County GA Development Hospital Authority Revenue (WellStar Health System Obligated Group) | 5.000% | 4/1/20 | | 590 | | 599 |
| Fulton County GA Residential Care Facilities for the Elderly Authority Revenue (Lenbrook Square) | 3.000% | 7/1/20 | | 1,465 | | 1,474 |
2 | Gainesville & Hall County GA Hospital Authority Revenue (Northeast Georgia Health System Inc. Project) PUT, SIFMA Municipal Swap Index Yield + 0.950% | 2.070% | 2/18/20 | | 18,825 | | 18,828 |
| Georgia GO | 4.000% | 11/1/19 | | 1,040 | | 1,040 |
| Georgia GO | 5.000% | 1/1/20 | | 975 | | 981 |
| Georgia GO | 5.000% | 7/1/20 | | 1,255 | | 1,287 |
| Georgia GO | 5.000% | 12/1/20 | | 1,740 | | 1,812 |
| Georgia GO | 5.000% | 2/1/21 | | 25,000 | | 26,196 |
| Georgia GO | 5.000% | 2/1/21 | | 29,110 | | 30,502 |
| Georgia GO | 5.000% | 7/1/21 | | 4,760 | | 5,063 |
| Georgia GO | 5.000% | 7/1/21 | | 2,945 | | 3,133 |
| Georgia GO | 5.000% | 7/1/21 | | 6,870 | | 7,308 |
| Georgia GO | 5.000% | 7/1/21 | | 680 | | 723 |
| Georgia GO | 5.000% | 7/1/21 | | 47,720 | | 50,761 |
| Georgia GO | 5.000% | 9/1/21 | | 8,395 | | 8,985 |
| Georgia GO | 5.000% | 10/1/21 | | 6,955 | | 7,466 |
| Georgia GO | 5.000% | 1/1/22 | | 16,110 | | 17,446 |
| Georgia GO | 5.000% | 2/1/22 | | 1,660 | | 1,803 |
| Georgia GO | 5.000% | 7/1/22 | | 15,135 | | 16,671 |
| Georgia GO | 5.000% | 7/1/22 | | 12,385 | | 13,642 |
| Georgia GO | 5.000% | 7/1/22 | | 19,135 | | 21,077 |
| Georgia GO | 5.000% | 1/1/23 | | 3,450 | | 3,864 |
| Georgia GO | 5.000% | 7/1/23 | | 14,395 | | 16,384 |
| Georgia GO | 5.000% | 1/1/24 | | 5,000 | | 5,596 |
| Georgia Municipal Electric Power Authority Revenue | 5.000% | 1/1/20 | | 1,420 | | 1,428 |
| Georgia Municipal Electric Power Authority Revenue | 5.000% | 1/1/22 | | 2,500 | | 2,689 |
| Georgia Road & Tollway Authority Revenue | 5.000% | 6/1/20 | | 15,445 | | 15,784 |
| Georgia Road & Tollway Authority Revenue Federal Highway Reimbursement Revenue | 5.000% | 6/1/20 | | 6,665 | | 6,811 |
| Glynn-Brunswick GA Memorial Hospital Authority Revenue | | | | | | |
| (Southeast Georgia Health System Obligated Group) | 5.000% | 8/1/23 | | 800 | | 897 |
| Griffin-Spalding County GA Hospital Authority Revenue (WellStar Health System Obligated Group) | 3.000% | 4/1/20 | | 150 | | 151 |
| Henry County GA School District GO | 5.000% | 8/1/21 | | 3,300 | | 3,520 |
| Henry County GA School District GO | 5.000% | 8/1/22 | | 5,250 | | 5,791 |
| LaGrange-Troup County GA Hospital Authority Revenue (WellStar Health System Obligated Group) | 5.000% | 4/1/21 | | 350 | | 367 |
| Main Street Natural Gas Inc. Georgia Gas Project Revenue | 5.000% | 5/15/21 | | 790 | | 830 |
| Main Street Natural Gas Inc. Georgia Gas Project Revenue | 5.000% | 5/15/22 | | 500 | | 541 |
| Main Street Natural Gas Inc. Georgia Gas Project Revenue | 5.000% | 5/15/23 | | 750 | | 832 |
| Main Street Natural Gas Inc. Georgia Gas Project Revenue | 4.000% | 6/1/23 | | 4,290 | | 4,668 |
| Main Street Natural Gas Inc. Georgia Gas Project Revenue | 5.000% | 5/15/24 | | 1,000 | | 1,136 |
| Main Street Natural Gas Inc. Georgia Gas Project Revenue PUT | 4.000% | 9/1/23 | | 30,000 | | 32,432 |
| Main Street Natural Gas Inc. Georgia Gas Project Revenue PUT | 4.000% | 12/1/23 | | 9,000 | | 9,765 |
| Main Street Natural Gas Inc. Georgia Gas Project Revenue PUT | 4.000% | 12/2/24 | | 11,000 | | 12,342 |
2 | Main Street Natural Gas Inc. Georgia Gas Project Revenue PUT, 67% of 1M USD LIBOR + 0.830% | 2.191% | 12/1/23 | | 33,500 | | 33,494 |
1 | Main Street Natural Gas Inc. Georgia Revenue TOB VRDO | 1.150% | 11/7/19 | LOC | 7,725 | | 7,725 |
16
Short-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Monroe County GA Development Authority Pollution Control Revenue (Georgia Power Company Plant Scherer Project) PUT | 2.050% | 11/19/21 | | 1,625 | | 1,637 |
| Municipal Electric Authority Georgia Revenue | 5.000% | 1/1/20 | | 10,690 | | 10,751 |
| Municipal Electric Authority Georgia Revenue | 5.000% | 1/1/20 | | 300 | | 302 |
| Municipal Electric Authority Georgia Revenue | 5.000% | 1/1/20 | | 2,250 | | 2,263 |
| Municipal Electric Authority Georgia Revenue | 5.000% | 11/1/20 | | 2,910 | | 3,016 |
| Municipal Electric Authority Georgia Revenue | 5.000% | 1/1/21 | | 9,705 | | 10,107 |
| Municipal Electric Authority Georgia Revenue | 5.000% | 1/1/21 | | 1,000 | | 1,041 |
| Municipal Electric Authority Georgia Revenue | 5.000% | 1/1/21 | | 275 | | 287 |
| Municipal Electric Authority Georgia Revenue | 5.000% | 1/1/21 | | 740 | | 771 |
| Municipal Electric Authority Georgia Revenue | 5.250% | 1/1/21 | | 500 | | 522 |
| Municipal Electric Authority Georgia Revenue | 5.000% | 1/1/22 | | 2,560 | | 2,753 |
| Municipal Electric Authority Georgia Revenue | 5.000% | 1/1/22 | | 375 | | 403 |
| Municipal Electric Authority Georgia Revenue | 5.000% | 1/1/22 | | 2,250 | | 2,420 |
| Municipal Electric Authority Georgia Revenue | 5.000% | 1/1/23 | | 550 | | 610 |
| Municipal Electric Authority Georgia Revenue | 5.000% | 1/1/23 | | 3,000 | | 3,326 |
| Municipal Electric Authority Georgia Revenue | 5.000% | 1/1/24 | | 3,085 | | 3,510 |
| Municipal Electric Authority Georgia Revenue (Combined Cycle Project) | 5.000% | 11/1/21 | | 1,415 | | 1,514 |
| Municipal Electric Authority Georgia Revenue (Combined Cycle Project) | 5.000% | 11/1/22 | | 1,115 | | 1,230 |
| Municipal Electric Authority Georgia Revenue (Plant Voltage Units 3 & 4 Project M) | 5.000% | 1/1/25 | | 425 | | 494 |
| Municipal Electric Authority Georgia Revenue (Plant Voltage Units 3 & 4 Project P) | 5.000% | 1/1/23 | | 180 | | 198 |
| Municipal Electric Authority Georgia Revenue (Plant Voltage Units 3 & 4 Project P) | 5.000% | 1/1/24 | | 250 | | 283 |
| Municipal Electric Authority Georgia Revenue (Plant Voltage Units 3 & 4 Project P) | 5.000% | 1/1/25 | | 365 | | 422 |
| Municipal Electric Authority Georgia Revenue (Project One) | 5.000% | 1/1/21 | | 4,080 | | 4,249 |
| Private Colleges & University Authority of Georgia Revenue (Emory University) | 5.000% | 9/1/23 | | 1,460 | | 1,668 |
2 | Private Colleges & University Authority of Georgia Revenue (Emory University) PUT, SIFMA Municipal Swap Index Yield + 0.420% | 1.540% | 8/16/22 | | 25,000 | | 25,048 |
| Richmond County GA Board of Education Sales Tax Revenue | 5.000% | 10/1/20 | | 6,165 | | 6,377 |
| Savannah GA Economic Development Authority (International Paper Co.) PUT | 2.000% | 10/1/24 | | 850 | | 860 |
| | | | | | | 576,152 |
Guam (0.0%) | | | | | | |
| Guam Government Business Privilege Tax Revenue | 5.000% | 11/15/19 | | 1,500 | | 1,502 |
| Guam Government Business Privilege Tax Revenue | 5.000% | 11/15/20 | | 750 | | 775 |
| Guam Government Hotel Occupancy Tax Revenue | 5.500% | 11/1/19 | | 1,000 | | 1,000 |
| Guam Government Waterworks Authority Water & Waste Water System Revenue | 5.000% | 7/1/20 | | 630 | | 643 |
| Guam Government Waterworks Authority Water & Waste Water System Revenue | 5.000% | 7/1/21 | | 500 | | 526 |
| Guam Government Waterworks Authority Water & Waste Water System Revenue | 5.000% | 7/1/22 | | 500 | | 542 |
| | | | | | | 4,988 |
Hawaii (1.2%) | | | | | | |
2 | Hawaii Department of Budget & Finance Special Purpose Revenue (Queens Health System) PUT, SIFMA Municipal Swap Index Yield + 0.450% | 1.570% | 5/28/20 | | 4,190 | | 4,190 |
2 | Hawaii Department of Budget & Finance Special Purpose Revenue (Queens Health System) PUT, SIFMA Municipal Swap Index Yield + 0.450% | 1.570% | 5/28/20 | | 2,165 | | 2,165 |
| Hawaii GO | 5.000% | 10/1/20 | | 2,750 | | 2,846 |
| Hawaii GO | 4.000% | 5/1/21 | | 8,090 | | 8,426 |
| Hawaii GO | 5.000% | 12/1/21 | (Prere.) | 4,730 | | 5,104 |
| Hawaii GO | 5.000% | 12/1/21 | (Prere.) | 4,570 | | 4,932 |
| Hawaii GO | 5.000% | 12/1/21 | (Prere.) | 12,635 | | 13,635 |
| Hawaii GO | 5.000% | 4/1/22 | | 5,500 | | 6,003 |
| Hawaii GO | 4.000% | 5/1/22 | | 750 | | 803 |
| Hawaii GO | 5.000% | 12/1/22 | | 5,515 | | 5,947 |
| Hawaii GO | 5.000% | 8/1/23 | (Prere.) | 1,280 | | 1,460 |
| Hawaii GO | 5.000% | 10/1/23 | | 2,015 | | 2,309 |
| Honolulu HI City & County GO | 4.000% | 11/1/21 | | 1,090 | | 1,151 |
| Honolulu HI City & County GO | 4.000% | 9/1/22 | | 2,095 | | 2,261 |
| Honolulu HI City & County GO | 5.000% | 9/1/22 | | 2,000 | | 2,213 |
1 | Honolulu HI City & County GO PUT | 1.250% | 11/14/19 | | 15,290 | | 15,290 |
| Honolulu HI City & County GO PUT | 5.000% | 9/1/23 | | 5,970 | | 6,768 |
| Honolulu HI City & County GO PUT | 5.000% | 9/1/23 | | 8,475 | | 9,595 |
| Honolulu HI City & County GO PUT | 5.000% | 9/1/23 | | 8,470 | | 9,586 |
| Honolulu HI City & County GO PUT | 5.000% | 9/1/23 | | 8,475 | | 9,585 |
| Honolulu HI City & County GO PUT | 5.000% | 9/1/23 | | 6,970 | | 7,873 |
| Honolulu HI City & County GO PUT | 5.000% | 9/1/23 | | 3,725 | | 4,202 |
2 | Honolulu HI City & County GO PUT, SIFMA Municipal Swap Index Yield + 0.300% | 1.420% | 9/1/20 | | 5,500 | | 5,500 |
2 | Honolulu HI City & County GO PUT, SIFMA Municipal Swap Index Yield + 0.300% | 1.420% | 9/1/20 | | 7,500 | | 7,500 |
2 | Honolulu HI City & County GO PUT, SIFMA Municipal Swap Index Yield + 0.310% | 1.430% | 9/1/20 | | 12,500 | | 12,501 |
2 | Honolulu HI City & County GO PUT, SIFMA Municipal Swap Index Yield + 0.320% | 1.440% | 9/1/20 | | 10,625 | | 10,625 |
2 | Honolulu HI City & County GO PUT, SIFMA Municipal Swap Index Yield + 0.320% | 1.440% | 9/1/20 | | 11,500 | | 11,501 |
2 | Honolulu HI City & County GO PUT, SIFMA Municipal Swap Index Yield + 0.320% | 1.440% | 9/1/20 | | 11,250 | | 11,251 |
17
Short-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
2 | Honolulu HI City & County GO PUT, SIFMA Municipal Swap Index Yield + 0.320% | 1.440% | 9/1/20 | | 7,500 | | 7,500 |
| Honolulu HI City & County Wastewater System Revenue | 4.000% | 7/1/23 | | 3,410 | | 3,659 |
| | | | | | | 196,381 |
Idaho (0.0%) | | | | | | |
| Idaho Health Facilities Authority Revenue (St. Luke’s Health System Project) | 5.000% | 3/1/20 | | 1,150 | | 1,163 |
| Idaho Health Facilities Authority Revenue (St. Luke’s Health System Project) | 5.000% | 3/1/21 | | 2,145 | | 2,243 |
| Idaho Health Facilities Authority Revenue (St. Luke’s Health System Project) | 5.000% | 3/1/22 | | 2,700 | | 2,918 |
| Idaho Health Facilities Authority Revenue (St. Luke’s Health System Project) | 5.000% | 3/1/23 | | 1,000 | | 1,113 |
| | | | | | | 7,437 |
Illinois (7.4%) | | | | | | |
1 | BFO Sales Tax Securitization Corp. IL TOB VRDO | 1.270% | 11/7/19 | | 16,335 | | 16,335 |
| Champaign County IL Community Unit School District No. 4 GO | 4.000% | 6/1/24 | | 420 | | 467 |
| Chicago IL Board of Education GO | 0.000% | 12/1/21 | (14) | 510 | | 485 |
| Chicago IL Board of Education GO | 0.000% | 12/1/22 | (14) | 615 | | 570 |
| Chicago IL Board of Education GO | 5.000% | 12/1/19 | | 16,110 | | 16,146 |
| Chicago IL Board of Education GO | 5.000% | 12/1/19 | | 3,750 | | 3,758 |
| Chicago IL Board of Education GO | 5.000% | 12/1/19 | | 890 | | 892 |
| Chicago IL Board of Education GO | 5.000% | 12/1/19 | | 500 | | 501 |
| Chicago IL Board of Education GO | 5.250% | 12/1/19 | (14)(3) | 830 | | 832 |
| Chicago IL Board of Education GO | 5.500% | 12/1/19 | (2) | 120 | | 120 |
| Chicago IL Board of Education GO | 5.000% | 12/1/20 | | 6,000 | | 6,190 |
| Chicago IL Board of Education GO | 5.000% | 12/1/20 | | 4,445 | | 4,586 |
| Chicago IL Board of Education GO | 5.000% | 12/1/20 | | 4,555 | | 4,699 |
| Chicago IL Board of Education GO | 5.000% | 12/1/20 | | 150 | | 155 |
| Chicago IL Board of Education GO | 5.250% | 12/1/20 | (14)(3) | 715 | | 743 |
| Chicago IL Board of Education GO | 5.000% | 12/1/21 | | 190 | | 201 |
| Chicago IL Board of Education GO | 5.000% | 12/1/21 | | 1,640 | | 1,689 |
| Chicago IL Board of Education GO | 5.000% | 12/1/21 | | 7,000 | | 7,396 |
| Chicago IL Board of Education GO | 5.000% | 12/1/21 | | 2,830 | | 2,990 |
| Chicago IL Board of Education GO | 5.000% | 12/1/21 | | 5,170 | | 5,463 |
| Chicago IL Board of Education GO | 5.250% | 12/1/21 | (14) | 1,900 | | 2,014 |
| Chicago IL Board of Education GO | 5.000% | 12/1/22 | | 785 | | 847 |
| Chicago IL Board of Education GO | 5.000% | 12/1/22 | (4) | 500 | | 543 |
| Chicago IL Board of Education GO | 5.000% | 12/1/22 | | 5,000 | | 5,398 |
| Chicago IL Board of Education GO | 5.000% | 12/1/22 | | 540 | | 583 |
| Chicago IL Board of Education GO | 0.000% | 12/1/23 | (14) | 1,620 | | 1,463 |
| Chicago IL Board of Education GO | 5.000% | 12/1/23 | | 1,080 | | 1,188 |
| Chicago IL Board of Education GO | 5.000% | 12/1/23 | (4) | 2,000 | | 2,227 |
| Chicago IL Board of Education GO | 5.000% | 12/1/23 | | 3,580 | | 3,938 |
| Chicago IL Board of Education GO | 5.000% | 12/1/23 | | 590 | | 649 |
| Chicago IL Board of Education GO | 0.000% | 12/1/24 | (14) | 830 | | 730 |
| Chicago IL Board of Education GO | 0.000% | 12/1/24 | (14) | 595 | | 523 |
| Chicago IL Board of Education GO | 5.000% | 12/1/24 | | 1,150 | | 1,285 |
1 | Chicago IL Board of Education GO TOB VRDO | 1.380% | 11/1/19 | LOC | 32,000 | | 32,000 |
1 | Chicago IL Board of Education Special Tax TOB VRDO | 1.300% | 11/7/19 | LOC | 34,700 | | 34,700 |
| Chicago IL GO | 5.000% | 12/1/19 | | 1,270 | | 1,273 |
| Chicago IL GO | 4.000% | 1/1/20 | | 100 | | 100 |
| Chicago IL GO | 5.000% | 1/1/20 | | 450 | | 452 |
| Chicago IL GO | 4.000% | 1/1/21 | | 1,250 | | 1,255 |
| Chicago IL GO | 5.000% | 1/1/21 | (ETM) | 1,685 | | 1,757 |
| Chicago IL GO | 0.000% | 1/1/22 | | 200 | | 189 |
| Chicago IL GO | 5.000% | 1/1/22 | | 715 | | 753 |
| Chicago IL GO | 5.000% | 1/1/23 | | 205 | | 216 |
| Chicago IL GO | 5.000% | 1/1/23 | | 5,185 | | 5,576 |
| Chicago IL GO | 5.000% | 1/1/24 | | 1,150 | | 1,263 |
| Chicago IL Housing Authority Revenue | 5.000% | 1/1/21 | | 1,400 | | 1,457 |
| Chicago IL Housing Authority Revenue | 5.000% | 1/1/22 | | 1,330 | | 1,430 |
| Chicago IL O’Hare International Airport Revenue | 5.000% | 1/1/20 | | 4,000 | | 4,023 |
| Chicago IL O’Hare International Airport Revenue (Customer Facility Charge) | 5.000% | 1/1/21 | | 3,980 | | 4,145 |
1 | Chicago IL O’Hare International Airport Revenue TOB VRDO | 1.320% | 11/7/19 | LOC | 12,130 | | 12,130 |
| Chicago IL Park District GO | 5.000% | 1/1/20 | | 250 | | 251 |
| Chicago IL Park District GO | 5.000% | 1/1/21 | | 450 | | 467 |
| Chicago IL Park District GO | 5.000% | 1/1/23 | | 790 | | 842 |
| Chicago IL Transit Authority Capital Grant Receipts Revenue | 5.000% | 6/1/20 | | 1,250 | | 1,274 |
| Chicago IL Transit Authority Capital Grant Receipts Revenue | 5.000% | 6/1/21 | | 1,845 | | 1,942 |
| Chicago IL Transit Authority Capital Grant Receipts Revenue | 5.000% | 6/1/21 | | 1,355 | | 1,427 |
| Chicago IL Transit Authority Capital Grant Receipts Revenue | 5.000% | 6/1/22 | | 3,095 | | 3,349 |
| Chicago IL Transit Authority Capital Grant Receipts Revenue | 5.000% | 6/1/22 | | 2,500 | | 2,707 |
1 | Chicago IL Transit Authority Revenue TOB VRDO | 1.240% | 11/7/19 | | 19,396 | | 19,395 |
1 | Chicago IL Transit Authority Revenue TOB VRDO | 1.320% | 11/7/19 | | 3,695 | | 3,695 |
1 | Chicago IL Transit Authority Sales Tax Receipts Revenue TOB VRDO | 1.220% | 11/7/19 | | 45,790 | | 45,790 |
18
Short-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
1 | Chicago IL Transit Authority Sales Tax Receipts Revenue TOB VRDO | 1.240% | 11/7/19 | | 66,665 | | 66,665 |
| Chicago IL Wastewater Transmission Revenue | 5.000% | 1/1/20 | | 1,000 | | 1,006 |
| Chicago IL Wastewater Transmission Revenue | 5.000% | 1/1/20 | | 1,000 | | 1,006 |
| Chicago IL Wastewater Transmission Revenue | 5.000% | 1/1/20 | | 1,000 | | 1,006 |
| Chicago IL Wastewater Transmission Revenue | 5.500% | 1/1/20 | (14) | 525 | | 528 |
| Chicago IL Wastewater Transmission Revenue | 5.000% | 1/1/21 | | 1,165 | | 1,212 |
| Chicago IL Wastewater Transmission Revenue | 5.000% | 1/1/21 | | 2,050 | | 2,133 |
| Chicago IL Wastewater Transmission Revenue | 5.000% | 1/1/22 | | 1,450 | | 1,555 |
| Chicago IL Wastewater Transmission Revenue | 5.000% | 1/1/22 | | 810 | | 869 |
| Chicago IL Wastewater Transmission Revenue | 5.000% | 1/1/23 | | 2,010 | | 2,220 |
| Chicago IL Water Revenue | 5.000% | 11/1/20 | | 1,000 | | 1,033 |
1 | Chicago IL Water Revenue TOB VRDO | 1.300% | 11/7/19 | | 1,045 | | 1,045 |
1 | Chicago IL Water Revenue TOB VRDO | 1.300% | 11/7/19 | | 1,245 | | 1,245 |
| Chicago IL Waterworks Revenue | 4.000% | 11/1/19 | | 1,930 | | 1,930 |
| Chicago IL Waterworks Revenue | 5.000% | 11/1/19 | | 1,620 | | 1,620 |
| Chicago IL Waterworks Revenue | 5.000% | 11/1/19 | | 475 | | 475 |
| Chicago IL Waterworks Revenue | 5.000% | 11/1/20 | | 1,700 | | 1,759 |
| Chicago IL Waterworks Revenue | 5.000% | 11/1/20 | | 2,500 | | 2,587 |
| Chicago IL Waterworks Revenue | 5.000% | 11/1/21 | | 1,325 | | 1,415 |
| Chicago IL Waterworks Revenue | 5.000% | 11/1/21 | | 680 | | 725 |
| Cook County IL Community Consolidated School District No. 62 (Des Plaines) GO | 5.000% | 12/1/22 | | 3,125 | | 3,468 |
| Cook County IL Community Consolidated School District No. 62 (Des Plaines) GO | 5.000% | 12/1/23 | | 3,810 | | 4,356 |
1 | Cook County IL Forest Preserve District GO TOB VRDO | 1.270% | 11/7/19 | | 7,660 | | 7,660 |
| Cook County IL GO | 5.000% | 11/15/19 | | 210 | | 210 |
| Cook County IL GO | 5.000% | 11/15/19 | | 1,000 | | 1,001 |
| Cook County IL GO | 5.000% | 11/15/19 | | 1,875 | | 1,877 |
| Cook County IL GO | 5.000% | 11/15/20 | | 500 | | 518 |
| Cook County IL GO | 5.000% | 11/15/21 | | 500 | | 533 |
| Cook County IL GO | 5.000% | 11/15/22 | | 285 | | 312 |
| Cook County IL GO | 5.250% | 11/15/22 | | 10,000 | | 10,378 |
1 | Cook County IL GO TOB VRDO | 1.220% | 11/7/19 | LOC | 7,500 | | 7,500 |
1 | Cook County IL Sales Tax Revenue TOB VRDO | 1.220% | 11/7/19 | | 15,370 | | 15,370 |
| Dewitt & Ford & Livingston & Logan Counties IL Community College District No. 540 GO | 4.000% | 12/1/19 | | 2,380 | | 2,385 |
| Dewitt & Ford & Livingston & Logan Counties IL Community College District No. 540 GO | 4.000% | 12/1/20 | | 2,475 | | 2,548 |
| Dewitt & Ford & Livingston & Logan Counties IL Community College District No. 540 GO | 4.000% | 12/1/21 | | 2,575 | | 2,714 |
| Dewitt & Ford & Livingston & Logan Counties IL Community College District No. 540 GO | 4.000% | 12/1/22 | | 2,680 | | 2,886 |
| DuPage County IL Community Unit School District No. 200 (Wheaton) GO | 5.000% | 10/1/23 | | 4,940 | | 5,629 |
| DuPage & Cook Counties IL Township High School District No. 86 (Hinsdale) GO | 5.000% | 1/15/23 | | 935 | | 1,045 |
| DuPage & Cook Counties IL Township High School District No. 86 (Hinsdale) GO | 5.000% | 1/15/24 | | 935 | | 1,077 |
| Illinois Educational Facilities Authority Revenue (University of Chicago) PUT | 1.550% | 2/13/20 | | 6,250 | | 6,255 |
| Illinois Educational Facilities Authority Revenue (University of Chicago) PUT | 1.800% | 2/13/20 | | 600 | | 601 |
| Illinois Finance Authority Revenue (Advocate Health Care Network) PUT | 5.000% | 2/12/20 | | 2,450 | | 2,475 |
2 | Illinois Finance Authority Revenue (Advocate Health Care Network) PUT, SIFMA Municipal Swap Index Yield + 0.300% | 1.420% | 5/28/20 | | 5,750 | | 5,750 |
| Illinois Finance Authority Revenue (Advocate Health Care Network) VRDO | 1.180% | 11/7/19 | | 24,080 | | 24,080 |
| Illinois Finance Authority Revenue (Ann & Robert H. Lurie Children’s Hospital of Chicago) | 5.000% | 8/15/21 | | 1,110 | | 1,184 |
| Illinois Finance Authority Revenue (Ascension Health Credit Group) PUT | 1.750% | 4/1/21 | | 3,000 | | 3,023 |
| Illinois Finance Authority Revenue (Ascension Health Credit Group) PUT | 2.250% | 4/29/22 | | 7,500 | | 7,652 |
1 | Illinois Finance Authority Revenue (Ascension Health Credit Group) TOB VRDO | 1.150% | 11/7/19 | | 10,360 | | 10,360 |
1 | Illinois Finance Authority Revenue (Carle Foundation) TOB VRDO | 1.240% | 11/7/19 | (12) | 7,200 | | 7,200 |
1 | Illinois Finance Authority Revenue (Carle Foundation) TOB VRDO | 1.240% | 11/7/19 | (12) | 12,680 | | 12,680 |
1 | Illinois Finance Authority Revenue (Central DuPage Health) TOB VRDO | 1.150% | 11/1/19 | | 13,125 | | 13,125 |
| Illinois Finance Authority Revenue (Clean Water Initiative) | 5.000% | 7/1/21 | | 1,530 | | 1,626 |
| Illinois Finance Authority Revenue (Clean Water Initiative) | 5.000% | 1/1/22 | | 2,560 | | 2,768 |
| Illinois Finance Authority Revenue (Clean Water Initiative) | 5.000% | 7/1/22 | | 2,220 | | 2,441 |
| Illinois Finance Authority Revenue (Clean Water Initiative) | 5.000% | 7/1/23 | | 2,500 | | 2,836 |
| Illinois Finance Authority Revenue (Franciscan Communities Inc.) | 3.250% | 5/15/22 | | 835 | | 843 |
| Illinois Finance Authority Revenue (Illinois Wesleyan University) | 4.000% | 9/1/20 | | 260 | | 265 |
| Illinois Finance Authority Revenue (Little Co of Mary Hospital & Health Care Centers) VRDO | 1.130% | 11/7/19 | LOC | 9,400 | | 9,400 |
| Illinois Finance Authority Revenue (Memorial Health System) | 5.000% | 4/1/20 | | 1,000 | | 1,015 |
| Illinois Finance Authority Revenue (Memorial Health System) | 5.000% | 4/1/21 | | 725 | | 763 |
| Illinois Finance Authority Revenue (Memorial Health System) | 5.000% | 4/1/22 | | 750 | | 815 |
| Illinois Finance Authority Revenue (Memorial Health System) | 5.000% | 4/1/23 | | 1,250 | | 1,400 |
| Illinois Finance Authority Revenue (Northwest Community Hospital) | 5.000% | 7/1/20 | | 1,030 | | 1,054 |
| Illinois Finance Authority Revenue (Northwestern Memorial Healthcare) | 5.000% | 7/15/21 | | 2,600 | | 2,763 |
| Illinois Finance Authority Revenue (Northwestern Memorial Healthcare) | 5.000% | 7/15/22 | | 1,250 | | 1,374 |
| Illinois Finance Authority Revenue (Northwestern Memorial Hospital) PUT | 5.000% | 12/15/22 | | 21,000 | | 23,299 |
1 | Illinois Finance Authority Revenue (Northwestern Memorial Hospital) TOB VRDO | 1.150% | 11/7/19 | | 8,760 | | 8,760 |
| Illinois Finance Authority Revenue (Northwestern Memorial Hospital) VRDO | 1.380% | 11/1/19 | | 31,195 | | 31,195 |
| Illinois Finance Authority Revenue (Northwestern University) | 5.000% | 12/1/22 | | 6,310 | | 7,033 |
| Illinois Finance Authority Revenue (OSF Healthcare System) | 5.000% | 5/15/20 | | 700 | | 714 |
19
Short-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Illinois Finance Authority Revenue (OSF Healthcare System) | 5.000% | 5/15/21 | | 375 | | 396 |
| Illinois Finance Authority Revenue (OSF Healthcare System) | 5.000% | 5/15/22 | | 875 | | 951 |
| Illinois Finance Authority Revenue (OSF Healthcare System) | 5.000% | 5/15/23 | | 500 | | 559 |
| Illinois Finance Authority Revenue (Presbyterian Homes) | 4.000% | 11/1/19 | | 1,000 | | 1,000 |
| Illinois Finance Authority Revenue (Presbyterian Homes) | 5.000% | 11/1/20 | | 1,875 | | 1,936 |
2 | Illinois Finance Authority Revenue (Presbyterian Homes) PUT, 70% of 1M USD LIBOR + 1.350% | 2.772% | 5/1/21 | | 2,500 | | 2,505 |
| Illinois Finance Authority Revenue (Presence Health Network Obligated Group) | 5.000% | 2/15/20 | | 7,575 | | 7,647 |
| Illinois Finance Authority Revenue (Presence Health Network Obligated Group) | 5.000% | 2/15/21 | | 3,055 | | 3,200 |
1 | Illinois Finance Authority Revenue (Presence Health Network Obligated Group) TOB VRDO | 1.150% | 11/7/19 | | 3,995 | | 3,995 |
| Illinois Finance Authority Revenue (Rush University Medical Center) | 5.000% | 11/15/19 | | 500 | | 501 |
| Illinois Finance Authority Revenue (Southern Illinois Healthcare) | 5.000% | 3/1/22 | | 900 | | 970 |
| Illinois Finance Authority Revenue (Swedish Covenant Hospital) | 5.000% | 8/15/20 | | 600 | | 614 |
| Illinois Finance Authority Revenue (University of Chicago Medical Center) | 5.000% | 8/15/20 | | 1,080 | | 1,111 |
1 | Illinois Finance Authority Revenue (University of Chicago Medical Center) TOB VRDO | 1.150% | 11/7/19 | | 19,835 | | 19,835 |
| Illinois Finance Authority Revenue (University of Chicago) | 5.000% | 10/1/23 | | 1,000 | | 1,071 |
| Illinois Finance Authority Solid Waste Disposal Revenue (Prairie Power Inc. Project) PUT | 1.750% | 5/6/20 | | 6,100 | | 6,110 |
| Illinois GO | 5.000% | 11/1/19 | | 79,110 | | 79,110 |
| Illinois GO | 5.000% | 1/1/20 | | 1,500 | | 1,507 |
| Illinois GO | 5.000% | 1/1/20 | | 2,750 | | 2,763 |
| Illinois GO | 5.250% | 1/1/20 | | 1,305 | | 1,312 |
| Illinois GO | 5.000% | 2/1/20 | | 2,525 | | 2,543 |
| Illinois GO | 5.000% | 2/1/20 | | 5,690 | | 5,731 |
| Illinois GO | 5.000% | 5/1/20 | | 2,250 | | 2,283 |
| Illinois GO | 5.000% | 8/1/20 | | 1,260 | | 1,288 |
| Illinois GO | 4.000% | 9/1/20 | | 1,830 | | 1,859 |
| Illinois GO | 5.000% | 10/1/20 | | 13,785 | | 14,150 |
| Illinois GO | 5.000% | 10/1/20 | | 8,265 | | 8,484 |
| Illinois GO | 5.000% | 11/1/20 | | 76,020 | | 78,180 |
| Illinois GO | 5.000% | 1/1/21 | | 665 | | 687 |
| Illinois GO | 5.250% | 1/1/21 | | 1,155 | | 1,197 |
| Illinois GO | 5.000% | 2/1/21 | | 5,040 | | 5,222 |
| Illinois GO | 5.000% | 3/1/21 | | 1,000 | | 1,038 |
| Illinois GO | 5.000% | 4/1/21 | | 3,390 | | 3,529 |
| Illinois GO | 5.000% | 7/1/21 | | 8,260 | | 8,656 |
| Illinois GO | 5.000% | 10/1/21 | | 14,915 | | 15,734 |
| Illinois GO | 5.000% | 10/1/21 | | 3,215 | | 3,392 |
| Illinois GO | 5.000% | 11/1/21 | | 24,515 | | 25,906 |
| Illinois GO | 5.000% | 1/1/22 | | 100 | | 100 |
| Illinois GO | 5.000% | 4/1/22 | | 1,650 | | 1,759 |
| Illinois GO | 5.000% | 7/1/22 | | 4,385 | | 4,703 |
| Illinois GO | 5.000% | 8/1/22 | | 3,500 | | 3,762 |
| Illinois GO | 5.000% | 10/1/22 | | 16,560 | | 17,869 |
| Illinois GO | 5.000% | 11/1/22 | | 30,280 | | 32,756 |
| Illinois GO | 5.000% | 11/1/23 | | 15,105 | | 16,665 |
| Illinois Housing Development Authority Revenue (Century Woods) PUT | 1.900% | 10/1/21 | | 3,000 | | 3,026 |
| Illinois Regional Transportation Authority Revenue | 5.500% | 7/1/23 | (14) | 550 | | 630 |
| Illinois Regional Transportation Authority Revenue PUT | 1.450% | 8/31/20 | | 27,560 | | 27,560 |
| Illinois Sales Tax Revenue | 5.000% | 6/15/21 | | 1,560 | | 1,631 |
| Illinois Sales Tax Revenue | 5.000% | 6/15/22 | | 5,000 | | 5,352 |
| Illinois Sales Tax Revenue | 5.000% | 6/15/23 | | 5,000 | | 5,459 |
1 | Illinois Sales Tax Revenue TOB VRDO | 1.300% | 11/7/19 | LOC | 7,055 | | 7,055 |
| Illinois Sports Facility Authority Revenue | 0.000% | 6/15/20 | (2) | 1,545 | | 1,527 |
| Illinois Toll Highway Authority Revenue | 5.000% | 12/1/19 | | 1,275 | | 1,279 |
| Illinois Toll Highway Authority Revenue | 5.000% | 1/1/21 | | 1,900 | | 1,983 |
| Illinois Toll Highway Authority Revenue | 5.000% | 1/1/22 | | 1,660 | | 1,790 |
| Illinois Toll Highway Authority Revenue | 5.000% | 1/1/22 | | 2,850 | | 3,074 |
| Illinois Toll Highway Authority Revenue | 5.000% | 1/1/23 | | 2,250 | | 2,502 |
1 | Illinois Toll Highway Authority Revenue TOB VRDO | 1.170% | 11/7/19 | | 4,500 | | 4,500 |
| Lake County IL GO | 4.000% | 11/30/22 | | 3,340 | | 3,621 |
| Lake County IL GO | 4.000% | 11/30/23 | | 6,670 | | 7,390 |
1 | Lake, Cook, Kane, & McHenry Counties IL Community Unified School District GO TOB VRDO | 1.180% | 11/7/19 | | 10,360 | | 10,360 |
| McLean & Woodford Counties IL Community School District No. 5 GO | 4.000% | 12/1/23 | | 1,545 | | 1,691 |
| Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue (McCormick Place Expansion Project) | 5.000% | 12/15/20 | | 3,545 | | 3,665 |
| Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue (McCormick Place Expansion Project) | 5.750% | 6/15/22 | (Prere.) | 4,025 | | 4,532 |
| Northern Illinois Municipal Power Agency Project Revenue | 5.000% | 12/1/19 | | 1,340 | | 1,344 |
| Northern Illinois Municipal Power Agency Project Revenue | 5.000% | 12/1/20 | | 1,000 | | 1,038 |
| Railsplitter Tobacco Settlement Authority Illinois Tobacco Settlement Revenue | 5.250% | 6/1/20 | | 985 | | 1,007 |
| Railsplitter Tobacco Settlement Authority Illinois Tobacco Settlement Revenue | 5.250% | 6/1/21 | | 2,500 | | 2,648 |
| Railsplitter Tobacco Settlement Authority Illinois Tobacco Settlement Revenue | 5.375% | 6/1/21 | | 760 | | 806 |
20
Short-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Railsplitter Tobacco Settlement Authority Illinois Tobacco Settlement Revenue | 5.000% | 6/1/22 | | 12,000 | | 13,069 |
1 | Regional Transportation Authority IL TOB VRDO | 1.160% | 11/7/19 | | 11,550 | | 11,550 |
1 | Regional Transportation Authority IL TOB VRDO | 1.160% | 11/7/19 | | 16,000 | | 16,000 |
1 | Regional Transportation Authority IL TOB VRDO | 1.160% | 11/7/19 | | 9,000 | | 9,000 |
1 | Regional Transportation Authority IL TOB VRDO | 1.160% | 11/7/19 | | 7,195 | | 7,195 |
| Romeoville IL GO | 5.000% | 12/30/24 | | 2,685 | | 3,155 |
1 | Sales Tax Securitization Corp. IL TOB VRDO | 1.270% | 11/7/19 | | 18,460 | | 18,460 |
1 | Sales Tax Securitization Corp. IL TOB VRDO | 1.290% | 11/7/19 | | 8,340 | | 8,340 |
| Springfield IL Electric Revenue | 5.000% | 3/1/20 | | 2,000 | | 2,023 |
1 | Springfield IL Water Revenue TOB VRDO | 1.330% | 11/7/19 | | 4,113 | | 4,113 |
| Village of Bolingbrook IL Special Tax Revenue (Will and DuPage Counties) | 4.000% | 3/1/20 | | 350 | | 353 |
| Village of Bolingbrook IL Special Tax Revenue (Will and DuPage Counties) | 4.000% | 3/1/22 | (4) | 500 | | 529 |
| Will & Kendall Counties IL Community Consolidated School District No. 202 Plainfield GO | 4.000% | 1/1/20 | | 8,730 | | 8,768 |
| Will & Kendall Counties IL Community Consolidated School District No. 202 Plainfield GO | 4.000% | 1/1/21 | | 7,820 | | 8,066 |
| | | | | | | 1,248,391 |
Indiana (1.1%) | | | | | | |
| Ball State University Housing & Dining System Indiana Revenue | 5.000% | 7/1/20 | | 370 | | 379 |
| Ball State University Student Fee Indiana Revenue | 5.000% | 7/1/20 | | 610 | | 625 |
| Ball State University Student Fee Indiana Revenue | 5.000% | 7/1/20 | | 400 | | 410 |
| Ball State University Student Fee Indiana Revenue | 5.000% | 7/1/21 | | 365 | | 388 |
| Ball State University Student Fee Indiana Revenue | 5.000% | 7/1/22 | | 350 | | 385 |
| Ball State University Student Fee Indiana Revenue | 5.000% | 7/1/23 | | 380 | | 432 |
| Carmel IN Local Public Improvement Bond Bank Revenue | 5.000% | 1/15/20 | | 1,000 | | 1,008 |
| Carmel IN Local Public Improvement Bond Bank Revenue | 5.000% | 7/15/20 | | 805 | | 827 |
| Franklin IN Economic Development Revenue (Otterbein Homes) | 5.000% | 7/1/23 | | 950 | | 1,065 |
| Hammond IN Multi-School Building Corp. Revenue | 5.000% | 1/15/21 | | 1,685 | | 1,755 |
| Hammond IN Multi-School Building Corp. Revenue | 5.000% | 7/15/21 | | 1,225 | | 1,297 |
| Hammond IN Multi-School Building Corp. Revenue | 5.000% | 1/15/22 | | 1,520 | | 1,635 |
| Hammond IN Multi-School Building Corp. Revenue | 5.000% | 7/15/22 | | 1,000 | | 1,092 |
| Hammond IN Multi-School Building Corp. Revenue | 5.000% | 1/15/23 | | 1,000 | | 1,106 |
| Indiana Finance Authority Environmental Revenue (Duke Energy Indiana LLC) | 3.750% | 4/1/22 | | 1,125 | | 1,147 |
| Indiana Finance Authority Highway Revenue | 5.000% | 12/1/20 | | 10,220 | | 10,643 |
| Indiana Finance Authority Hospital Revenue (Community Health Network) | 5.000% | 5/1/22 | | 2,340 | | 2,544 |
| Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) PUT | 5.000% | 12/1/19 | | 3,040 | | 3,049 |
| Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) PUT | 5.000% | 12/1/20 | | 10,000 | | 10,406 |
| Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) PUT | 5.000% | 12/1/21 | | 2,615 | | 2,817 |
| Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) PUT | 1.650% | 7/1/22 | | 3,000 | | 3,017 |
| Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) PUT | 1.650% | 7/1/22 | | 3,000 | | 3,017 |
| Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) PUT | 1.650% | 7/1/22 | | 10,500 | | 10,560 |
| Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) PUT | 5.000% | 12/1/22 | | 2,250 | | 2,504 |
| Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) PUT | 5.000% | 12/1/23 | | 3,750 | | 4,305 |
2 | Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) PUT, SIFMA Municipal Swap Index Yield + 0.280% | 1.400% | 7/2/21 | | 6,000 | | 6,002 |
2 | Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) PUT, SIFMA Municipal Swap Index Yield + 0.280% | 1.400% | 7/2/21 | | 6,500 | | 6,502 |
| Indiana Finance Authority Hospital Revenue (Indiana University) VRDO | 1.200% | 11/7/19 | LOC | 10,850 | | 10,850 |
| Indiana Finance Authority Hospital Revenue (Parkview Health System) | 5.000% | 11/1/19 | | 700 | | 700 |
| Indiana Finance Authority Hospital Revenue (Parkview Health System) | 5.000% | 11/1/20 | | 700 | | 726 |
| Indiana Finance Authority Hospital Revenue (Parkview Health System) | 5.000% | 11/1/21 | | 500 | | 537 |
| Indiana Finance Authority Hospital Revenue (Parkview Health System) | 5.000% | 11/1/22 | | 750 | | 831 |
1 | Indiana Finance Authority Hospital Revenue (Parkview Health System) TOB VRDO | 1.150% | 11/7/19 | | 7,500 | | 7,500 |
| Indiana Finance Authority Hospital Revenue (Parkview Health Systems Obligated Group) | 5.000% | 5/1/22 | | 1,300 | | 1,418 |
| Indiana Finance Authority Revenue | 5.000% | 2/1/20 | | 1,860 | | 1,877 |
| Indiana Finance Authority Revenue (Community Foundation of Northwest Indiana Obligated Group) | 4.000% | 9/1/20 | | 500 | | 510 |
| Indiana Finance Authority Revenue (Franciscan Alliance Inc.) | 5.000% | 11/1/22 | | 2,470 | | 2,736 |
| Indiana Finance Authority Revenue (Franciscan Alliance Inc.) | 5.000% | 11/1/22 | | 1,250 | | 1,384 |
| Indiana Finance Authority Revenue (State Revolving Fund) | 5.000% | 2/1/22 | | 3,750 | | 4,071 |
| Indiana Finance Authority Revenue (State Revolving Fund) | 5.000% | 2/1/24 | | 1,375 | | 1,592 |
| Indiana Health & Educational Facility Financing Authority Hospital Revenue (Indiana University Health Obligated Group) VRDO | 1.200% | 11/7/19 | LOC | 25,000 | | 25,000 |
| Indiana Health & Educational Facility Financing Authority Revenue (Ascension Health Credit Group) PUT | 1.750% | 11/2/21 | | 6,845 | | 6,903 |
| Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) | 4.000% | 10/1/22 | | 1,000 | | 1,077 |
| Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) | 4.000% | 11/1/22 | | 1,000 | | 1,079 |
| Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) | 4.000% | 10/1/23 | | 1,085 | | 1,196 |
| Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) | 4.000% | 11/1/23 | | 1,215 | | 1,342 |
| Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) PUT | 1.250% | 5/1/20 | | 3,480 | | 3,480 |
| Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) PUT | 1.375% | 5/1/20 | (Prere.) | 55 | | 55 |
| Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) PUT | 1.375% | 5/1/20 | | 2,205 | | 2,206 |
| Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) PUT | 1.500% | 5/1/20 | | 2,700 | | 2,703 |
| Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) PUT | 1.500% | 5/1/20 | | 3,375 | | 3,379 |
21
Short-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) PUT | 1.350% | 8/4/20 | | 5,580 | | 5,584 |
| Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) PUT | 1.350% | 8/4/20 | | 3,800 | | 3,803 |
| IPS Multi-School Building Corp. IN Revenue | 3.000% | 1/15/22 | | 2,380 | | 2,465 |
| IPS Multi-School Building Corp. IN Revenue | 3.000% | 7/15/22 | | 2,895 | | 3,021 |
4 | Metropolitan School District of Washington Township IN Revenue (School Building Corp.) | 4.000% | 1/15/22 | | 545 | | 576 |
4 | Metropolitan School District of Washington Township IN Revenue (School Building Corp.) | 4.000% | 7/15/22 | | 1,000 | | 1,070 |
4 | Metropolitan School District of Washington Township IN Revenue (School Building Corp.) | 4.000% | 1/15/23 | | 900 | | 973 |
4 | Metropolitan School District of Washington Township IN Revenue (School Building Corp.) | 4.000% | 7/15/23 | | 855 | | 934 |
| Purdue University Indiana University Student Fee Revenue | 5.000% | 7/1/22 | | 1,000 | | 1,101 |
| Rockport IN Pollution Control Revenue (AEP Generating Co. Project) PUT | 1.350% | 9/1/22 | | 2,500 | | 2,487 |
| Rockport IN Pollution Control Revenue (AEP Generating Co. Project) PUT | 1.350% | 9/1/22 | | 2,750 | | 2,736 |
| Rockport IN Pollution Control Revenue (Indiana Michigan Power Co. Project) PUT | 2.050% | 6/1/21 | | 2,000 | | 2,016 |
| | | | | | | 188,835 |
Iowa (0.4%) | | | | | | |
| Des Moines IA GO | 5.000% | 6/1/22 | | 5,000 | | 5,484 |
| Des Moines IA GO | 5.000% | 6/1/23 | | 1,570 | | 1,779 |
| Iowa City IA Community School District GO | 5.000% | 6/1/21 | | 2,685 | | 2,847 |
| Iowa City IA Community School District GO | 5.000% | 6/1/22 | | 2,760 | | 3,027 |
| Iowa Finance Authority Midwestern Disaster Area Revenue (Iowa Fertilizer Co. Project) | 3.125% | 12/1/22 | | 1,655 | | 1,677 |
| Iowa Finance Authority Revenue | 5.000% | 8/1/21 | (Prere.) | 4,790 | | 5,110 |
| Iowa Finance Authority Revenue | 5.000% | 8/1/22 | | 1,135 | | 1,167 |
2 | Iowa Finance Authority Revenue PUT, 70% of 1M USD LIBOR + 0.350% | 1.597% | 10/1/21 | | 3,750 | | 3,752 |
2 | Iowa Finance Authority Single Family Mortgage Revenue PUT, SIFMA Municipal Swap Index Yield + 0.300% | 1.420% | 5/3/21 | | 4,000 | | 3,994 |
| Iowa Financial Authority Revenue (Iowa Health System) | 5.000% | 2/15/20 | | 400 | | 404 |
| Iowa Financial Authority Revenue (Iowa Health System) | 5.000% | 2/15/22 | | 1,200 | | 1,299 |
| Iowa Financial Authority Revenue (Iowa Health System) | 5.000% | 2/15/24 | | 1,315 | | 1,507 |
| Iowa Special Obligation Revenue | 5.000% | 6/1/20 | | 8,000 | | 8,175 |
| Iowa Special Obligation Revenue (Ijobs Program) | 5.000% | 6/1/22 | | 3,465 | | 3,543 |
| Polk County IA GO | 4.000% | 6/1/20 | | 11,585 | | 11,774 |
| Polk County IA GO | 4.000% | 6/1/21 | | 12,135 | | 12,673 |
| | | | | | | 68,212 |
Kansas (0.2%) | | | | | | |
| Hutchison KS Hospital Facilities Revenue (Hutchinson Regional Medical Center Inc.) | 4.000% | 12/1/19 | | 250 | | 250 |
| Hutchison KS Hospital Facilities Revenue (Hutchinson Regional Medical Center Inc.) | 4.000% | 12/1/20 | | 350 | | 356 |
| Hutchison KS Hospital Facilities Revenue (Hutchinson Regional Medical Center Inc.) | 4.000% | 12/1/21 | | 500 | | 516 |
| Johnson County KS Unified School District No. 233 GO | 5.000% | 9/1/20 | | 1,330 | | 1,372 |
2 | Kansas Department of Transportation Highway Revenue, 70% of 1M USD LIBOR + 0.300% | 1.722% | 9/1/21 | | 7,580 | | 7,588 |
1 | Kansas Development Finance Authority Hospital Revenue (Adventist Health System/Sunbelt Obligated Group) TOB VRDO | 1.170% | 11/7/19 | | 8,000 | | 8,000 |
| Kansas Development Finance Authority Revenue | 5.000% | 5/1/20 | | 1,340 | | 1,365 |
| Kansas Development Finance Authority Revenue | 5.000% | 3/1/22 | | 2,210 | | 2,238 |
| Kansas Development Finance Authority Revenue (University of Kansas Projects) | 5.000% | 5/1/20 | | 3,130 | | 3,189 |
| Kansas Development Finance Authority Revenue (University of Kansas Projects) | 5.000% | 5/1/21 | | 1,160 | | 1,225 |
| Lawrence KS Hospital Revenue (Lawrence Memorial Hospital) | 5.000% | 7/1/22 | | 535 | | 583 |
| Lawrence KS Hospital Revenue (Lawrence Memorial Hospital) | 5.000% | 7/1/23 | | 600 | | 673 |
| Wichita KS Water & Sewer Utility Revenue | 5.000% | 10/1/21 | | 7,990 | | 8,564 |
| | | | | | | 35,919 |
Kentucky (0.9%) | | | | | | |
| Ashland KY Medical Center Revenue (King’s Daughters Medical Center Project) | 4.000% | 2/1/20 | | 400 | | 402 |
| Kentucky Bond Development Corp. Hospital Facilities Revenue (St. Elizabeth Medical Center, Inc.) | 5.000% | 5/1/20 | | 1,025 | | 1,044 |
| Kentucky Bond Development Corp. Revenue (Lexington Center Corporation Project) | 5.000% | 9/1/23 | | 520 | | 587 |
| Kentucky Bond Development Corp. Transient Room Tax Revenue (Lexington Center Corporation Project) | 5.000% | 9/1/23 | | 805 | | 910 |
1 | Kentucky Economic Development Finance Authority Health Care Revenue (Madonna Manor Inc. Project) TOB VRDO | 1.250% | 11/7/19 | LOC | 12,615 | | 12,615 |
4 | Kentucky Municipal Power Agency Power System Revenue | 5.000% | 9/1/20 | | 1,270 | | 1,280 |
4 | Kentucky Municipal Power Agency Power System Revenue | 5.000% | 9/1/22 | | 1,175 | | 1,261 |
4 | Kentucky Municipal Power Agency Power System Revenue | 5.000% | 9/1/23 | | 1,240 | | 1,369 |
| Kentucky Property & Building Commission Revenue | 5.000% | 8/1/20 | | 2,600 | | 2,670 |
| Kentucky Property & Building Commission Revenue | 5.000% | 8/1/20 | | 10,985 | | 11,282 |
4 | Kentucky Property & Building Commission Revenue | 5.000% | 11/1/21 | | 8,500 | | 8,918 |
| Kentucky Public Energy Authority Gas Supply Revenue | 4.000% | 1/1/20 | | 500 | | 502 |
| Kentucky Public Energy Authority Gas Supply Revenue | 4.000% | 7/1/20 | | 3,500 | | 3,557 |
| Kentucky Public Energy Authority Gas Supply Revenue | 4.000% | 1/1/21 | | 1,285 | | 1,321 |
| Kentucky Public Energy Authority Gas Supply Revenue | 4.000% | 7/1/21 | | 3,650 | | 3,795 |
| Kentucky Public Energy Authority Gas Supply Revenue | 4.000% | 1/1/22 | | 1,535 | | 1,614 |
| Kentucky Public Energy Authority Gas Supply Revenue | 4.000% | 6/1/22 | | 400 | | 424 |
| Kentucky Public Energy Authority Gas Supply Revenue | 4.000% | 7/1/22 | | 6,290 | | 6,682 |
| Kentucky Public Energy Authority Gas Supply Revenue | 4.000% | 12/1/22 | | 1,000 | | 1,071 |
22
Short-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Kentucky Public Energy Authority Gas Supply Revenue | 4.000% | 1/1/23 | | 1,640 | | 1,760 |
| Kentucky Public Energy Authority Gas Supply Revenue | 4.000% | 6/1/23 | | 1,280 | | 1,383 |
| Kentucky Public Energy Authority Gas Supply Revenue | 4.000% | 7/1/23 | | 5,000 | | 5,424 |
| Kentucky Public Energy Authority Gas Supply Revenue | 4.000% | 12/1/23 | | 1,660 | | 1,810 |
| Kentucky Public Energy Authority Gas Supply Revenue | 4.000% | 6/1/24 | | 2,435 | | 2,675 |
| Kentucky Public Energy Authority Gas Supply Revenue | 4.000% | 12/1/24 | | 3,085 | | 3,416 |
| Kentucky Public Energy Authority Gas Supply Revenue PUT | 4.000% | 4/1/24 | | 23,325 | | 25,426 |
| Kentucky Public Energy Authority Gas Supply Revenue PUT | 4.000% | 1/1/25 | | 10,000 | | 11,061 |
1 | Kentucky Turnpike Authority Economic Development Road Revenue (Revitalization Project) TOB VRDO | 1.140% | 11/7/19 | | 6,380 | | 6,380 |
| Louisville & Jefferson County KY Metropolitan Government Environmental Facilities Revenue (Louisville Gas & Electric Co. Project) PUT | 1.850% | 4/1/21 | | 8,000 | | 8,065 |
| Louisville & Jefferson County KY Metropolitan Sewer & Drain System Revenue BAN | 4.000% | 11/1/19 | | 17,810 | | 17,810 |
4 | Northern Kentucky University General Receipts Revenue | 5.000% | 9/1/22 | (4) | 1,010 | | 1,111 |
4 | Northern Kentucky University General Receipts Revenue | 5.000% | 9/1/23 | (4) | 1,060 | | 1,203 |
4 | Northern Kentucky University General Receipts Revenue | 5.000% | 9/1/24 | (4) | 1,115 | | 1,300 |
| | | | | | | 150,128 |
Louisiana (0.5%) | | | | | | |
1 | Franciscan LA Missionaries of Our Lady Health System Obligated Group TOB VRDO | 1.270% | 11/7/19 | | 9,475 | | 9,475 |
| Greater Ouachita LA Water Co. Inc. Waterworks & Sewer System Revenue | 5.000% | 9/1/22 | (15) | 300 | | 329 |
| Greater Ouachita LA Water Co. Inc. Waterworks & Sewer System Revenue | 5.000% | 9/1/24 | (15) | 400 | | 463 |
| Lafayette LA Communications System Revenue | 5.000% | 11/1/19 | (4) | 2,500 | | 2,500 |
| Louisiana GO | 5.000% | 9/1/22 | | 4,105 | | 4,529 |
| Louisiana GO | 5.000% | 9/1/23 | | 3,000 | | 3,414 |
| Louisiana Local Government Environmental Facilities & Community Development Authority Revenue | 5.000% | 10/1/20 | (15) | 1,665 | | 1,720 |
| Louisiana Local Government Environmental Facilities & Community Development Authority Revenue | 5.000% | 10/1/21 | (15) | 1,925 | | 2,059 |
| Louisiana Local Government Environmental Facilities & Community Development Authority Revenue | 5.000% | 10/1/21 | (15) | 1,045 | | 1,118 |
| Louisiana Local Government Environmental Facilities & Community Development Authority Revenue | 5.000% | 10/1/22 | (15) | 2,275 | | 2,507 |
| Louisiana Local Government Environmental Facilities & Community Development Authority Revenue | 5.000% | 10/1/22 | (15) | 2,145 | | 2,362 |
| Louisiana Offshore Terminal Authority Deep Water Port Revenue (LOOP LLC Project) PUT | 2.000% | 10/1/22 | | 2,500 | | 2,520 |
1 | Louisiana Public Facilities Authority Hospital Revenue (Franciscan Missionaries of Our Lady Health System Project) TOB VRDO | 1.240% | 11/7/19 | (4) | 5,000 | | 5,000 |
| Louisiana Public Facilities Authority Revenue (Christus Health) | 5.000% | 7/1/21 | | 360 | | 381 |
| Louisiana Public Facilities Authority Revenue (Christus Health) | 5.000% | 7/1/22 | | 285 | | 311 |
| Louisiana Public Facilities Authority Revenue (Christus Health) | 5.000% | 7/1/23 | | 385 | | 433 |
| Louisiana Public Facilities Authority Revenue (Louisiana Children’s Medical Center) PUT | 5.000% | 6/1/23 | | 2,835 | | 3,175 |
| New Orleans LA GO | 4.000% | 12/1/19 | | 775 | | 777 |
| Saint John the Baptist Parish LA Revenue (Marathon Oil Corporation Project) PUT | 2.000% | 4/1/23 | | 15,300 | | 15,298 |
| Saint John the Baptist Parish LA Revenue (Marathon Oil Corporation Project) PUT | 2.100% | 7/1/24 | | 9,000 | | 9,022 |
| Shreveport LA GO | 3.000% | 8/1/22 | (15) | 1,750 | | 1,826 |
| Shreveport LA Water & Sewer Revenue | 5.000% | 12/1/22 | (15) | 550 | | 609 |
| Shreveport LA Water & Sewer Revenue | 4.000% | 12/1/23 | (4) | 560 | | 616 |
| Shreveport LA Water & Sewer Revenue | 5.000% | 12/1/24 | (4) | 480 | | 562 |
| St. James Parish LA Revenue (NuStar Logistics LP Project) VRDO | 1.190% | 11/7/19 | LOC | 16,600 | | 16,600 |
| | | | | | | 87,606 |
Maine (0.1%) | | | | | | |
| Maine GO | 5.000% | 6/1/21 | | 1,250 | | 1,325 |
| Maine GO | 4.000% | 6/1/22 | | 3,785 | | 4,059 |
| Maine GO | 5.000% | 6/1/23 | | 3,000 | | 3,400 |
| | | | | | | 8,784 |
Maryland (3.2%) | | | | | | |
| Anne Arundel County MD GO | 3.000% | 10/1/20 | | 4,185 | | 4,256 |
| Anne Arundel County MD GO | 5.000% | 10/1/20 | | 6,210 | | 6,427 |
| Anne Arundel County MD GO | 4.000% | 10/1/21 | | 4,140 | | 4,364 |
| Anne Arundel County MD GO | 5.000% | 10/1/21 | | 6,085 | | 6,530 |
| Anne Arundel County MD GO | 5.000% | 10/1/22 | | 4,880 | | 5,417 |
| Anne Arundel County MD GO | 5.000% | 10/1/22 | | 2,120 | | 2,353 |
| Baltimore County MD GO | 5.000% | 11/1/20 | | 1,685 | | 1,749 |
| Baltimore County MD GO | 5.000% | 3/1/21 | | 3,500 | | 3,678 |
| Baltimore County MD GO | 5.000% | 3/1/21 | | 5,300 | | 5,570 |
| Baltimore County MD GO | 5.000% | 8/1/21 | | 2,800 | | 2,987 |
| Baltimore County MD GO | 5.000% | 2/1/22 | | 1,300 | | 1,411 |
| Baltimore MD Consolidated Public Improvement GO | 4.000% | 8/1/20 | | 4,730 | | 4,830 |
| Baltimore MD Consolidated Public Improvement GO | 5.000% | 8/1/20 | | 3,795 | | 3,903 |
1 | Baltimore MD GO TOB VRDO | 1.160% | 11/7/19 | | 3,975 | | 3,975 |
23
Short-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Baltimore MD Special Obligation Revenue (Harbor Point Project) | 2.600% | 6/1/21 | | 100 | | 100 |
| Baltimore MD Special Obligation Revenue (Harbor Point Project) | 2.700% | 6/1/23 | | 100 | | 100 |
| Baltimore MD Special Obligation Revenue (Harbor Point Project) | 2.800% | 6/1/25 | | 125 | | 125 |
| Frederick County MD GO | 5.000% | 8/1/20 | | 2,145 | | 2,206 |
| Frederick County MD GO | 5.000% | 2/1/21 | | 2,000 | | 2,095 |
| Gaithersburg MD Economic Development Revenue (Asbury Maryland Obligated Group) | 4.000% | 1/1/23 | | 865 | | 922 |
| Gaithersburg MD Economic Development Revenue (Asbury Maryland Obligated Group) | 4.000% | 1/1/24 | | 1,500 | | 1,617 |
| Howard County MD GO | 5.000% | 8/15/21 | | 3,985 | | 4,258 |
| Howard County MD GO | 5.000% | 8/15/21 | | 1,220 | | 1,303 |
| Howard County MD GO | 5.000% | 8/15/22 | | 4,130 | | 4,565 |
| Howard County MD GO | 5.000% | 8/15/22 | | 1,255 | | 1,387 |
| Maryland Department of Transportation Revenue | 4.000% | 9/1/21 | | 20,665 | | 21,741 |
| Maryland Department of Transportation Revenue | 5.000% | 9/1/21 | | 13,990 | | 14,970 |
| Maryland Department of Transportation Revenue | 5.000% | 6/1/24 | | 9,320 | | 10,564 |
| Maryland Economic Development Corp. Pollution Control Revenue (Potomac Electric Power Co.) | 1.700% | 9/1/22 | | 15,000 | | 15,121 |
| Maryland Economic Development Corp. Revenue (Constellation Energy Group, Inc. Project) PUT | 2.550% | 6/1/20 | | 8,900 | | 8,965 |
| Maryland Economic Development Corp. Revenue (Transportation Facilities Project) | 4.000% | 6/1/20 | | 1,490 | | 1,512 |
| Maryland Economic Development Corp. Revenue (Transportation Facilities Project) | 5.000% | 6/1/22 | | 1,750 | | 1,899 |
| Maryland GO | 5.000% | 6/1/20 | | 22,910 | | 23,427 |
| Maryland GO | 5.000% | 8/1/20 | | 2,155 | | 2,218 |
3 | Maryland GO | 5.250% | 8/1/20 | | 29,620 | | 30,535 |
| Maryland GO | 5.000% | 6/1/21 | | 12,000 | | 12,727 |
| Maryland GO | 5.000% | 8/1/21 | | 46,385 | | 49,488 |
| Maryland GO | 5.000% | 8/1/21 | | 20,000 | | 21,338 |
| Maryland GO | 5.000% | 8/1/21 | | 15,000 | | 16,004 |
| Maryland GO | 4.000% | 8/1/22 | | 2,605 | | 2,806 |
| Maryland Health & Higher Educational Facilities Authority Revenue (Adventist Healthcare Obligated Group) | 5.000% | 1/1/20 | | 750 | | 754 |
| Maryland Health & Higher Educational Facilities Authority Revenue (Adventist Healthcare Obligated Group) | 5.000% | 1/1/21 | | 1,000 | | 1,040 |
| Maryland Health & Higher Educational Facilities Authority Revenue (Broadmead Inc.) | 2.875% | 7/1/23 | | 875 | | 915 |
1 | Maryland Health & Higher Educational Facilities Authority Revenue (MedStar Health) TOB VRDO | 1.170% | 11/7/19 | LOC | 24,300 | | 24,300 |
1 | Maryland Health & Higher Educational Facilities Authority Revenue (Mercy Medical Center) TOB VRDO | 1.250% | 11/7/19 | LOC | 13,000 | | 13,000 |
| Maryland Health & Higher Educational Facilities Authority Revenue (University of Maryland Medical System) | 5.000% | 7/1/20 | | 785 | | 805 |
| Maryland Health & Higher Educational Facilities Authority Revenue (University of Maryland Medical System) | 4.000% | 7/1/21 | | 1,380 | | 1,443 |
| Maryland Transportation Authority Facilities Projects Revenue | 5.000% | 7/1/21 | | 5,790 | | 6,157 |
| Maryland Transportation Authority Facilities Projects Revenue | 5.000% | 7/1/22 | | 6,370 | | 7,008 |
| Maryland Transportation Authority Facilities Projects Revenue | 5.000% | 7/1/23 | | 6,595 | | 7,494 |
| Montgomery County MD GO | 5.000% | 11/1/20 | | 5,900 | | 6,122 |
| Montgomery County MD GO | 5.000% | 12/1/20 | | 16,380 | | 17,046 |
| Montgomery County MD GO | 5.000% | 6/1/21 | | 5,000 | | 5,296 |
| Montgomery County MD GO | 5.000% | 7/1/21 | | 1,000 | | 1,062 |
| Montgomery County MD GO | 5.000% | 11/1/21 | | 9,625 | | 10,345 |
| Montgomery County MD GO | 5.000% | 12/1/21 | | 12,970 | | 13,977 |
| Montgomery County MD GO | 5.000% | 11/1/22 | | 1,375 | | 1,531 |
| Montgomery County MD Revenue (CHE Trinity Health Credit Group) PUT | 1.220% | 12/2/19 | | 12,250 | | 12,246 |
| Prince George’s County MD Consolidated Public Improvement GO | 5.000% | 7/15/21 | | 2,810 | | 2,992 |
| Prince George’s County MD Consolidated Public Improvement GO | 5.000% | 3/1/22 | | 2,210 | | 2,406 |
| Prince George’s County MD Consolidated Public Improvement GO | 5.000% | 7/15/22 | | 6,080 | | 6,702 |
| Prince George’s County MD Consolidated Public Improvement GO | 5.000% | 8/1/22 | | 1,000 | | 1,104 |
| Prince George’s County MD GO | 4.000% | 7/15/21 | | 4,210 | | 4,412 |
| Prince George’s County MD GO | 5.000% | 3/1/20 | | 2,200 | | 2,227 |
| Prince George’s County MD GO | 5.000% | 9/15/20 | | 1,730 | | 1,787 |
| Prince George’s County MD GO | 5.000% | 9/15/20 | | 12,385 | | 12,795 |
| Prince George’s County MD GO | 5.000% | 7/1/22 | | 4,745 | | 5,224 |
| Rockville MD Mayor & Council Economic Development Revenue (Ingleside at King Farm Project) | 5.000% | 11/1/19 | | 400 | | 400 |
| Rockville MD Mayor & Council Economic Development Revenue (Ingleside at King Farm Project) | 5.000% | 11/1/20 | | 200 | | 207 |
| Rockville MD Mayor & Council Economic Development Revenue (Ingleside at King Farm Project) | 5.000% | 11/1/21 | | 500 | | 532 |
| Rockville MD Mayor & Council Economic Development Revenue (Ingleside at King Farm Project) | 5.000% | 11/1/22 | | 300 | | 328 |
| University of Maryland Auxiliary Facility & Tuition Revenue | 5.000% | 4/1/21 | | 3,815 | | 4,020 |
| Washington MD Suburban Sanitary Commission GO | 4.000% | 6/1/20 | | 12,870 | | 13,079 |
| Washington MD Suburban Sanitary Commission GO | 5.000% | 6/15/21 | | 7,250 | | 7,694 |
| Washington MD Suburban Sanitary Commission GO | 4.000% | 6/1/22 | | 2,975 | | 3,191 |
| Washington MD Suburban Sanitary Commission GO | 5.000% | 6/1/22 | | 5,000 | | 5,489 |
| Washington MD Suburban Sanitary Commission GO | 5.000% | 6/1/22 | | 1,355 | | 1,488 |
| Washington MD Suburban Sanitary Commission GO | 5.000% | 6/1/23 | | 2,220 | | 2,518 |
| Washington Suburban Sanitation District Maryland GO | 5.000% | 6/1/20 | | 2,550 | | 2,606 |
| Washington Suburban Sanitation District Maryland GO | 5.000% | 6/1/20 | | 4,820 | | 4,926 |
24
Short-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Westminster MD Educational Facilities Revenue (McDaniel College Inc.) | 5.000% | 11/1/19 | | 1,640 | | 1,640 |
| Westminster MD Educational Facilities Revenue (McDaniel College Inc.) | 5.000% | 11/1/20 | | 1,735 | | 1,794 |
| | | | | | | 529,545 |
Massachusetts (4.0%) | | | | | | |
2 | Massachusetts Bay Transportation Authority Sales Tax Revenue PUT, SIFMA Municipal Swap Index Yield + 0.300% | 1.420% | 5/28/20 | | 29,195 | | 29,195 |
1 | Massachusetts Bay Transportation Authority Sales Tax Revenue VRDO | 1.230% | 11/7/19 | | 4,430 | | 4,430 |
| Massachusetts Department of Transportation Metropolitan Highway System Revenue | 5.000% | 1/1/21 | | 6,000 | | 6,265 |
| Massachusetts Department of Transportation Metropolitan Highway System Revenue | 5.000% | 1/1/22 | | 8,530 | | 9,232 |
| Massachusetts Department of Transportation Metropolitan Highway System Revenue | 5.000% | 1/1/23 | | 7,740 | | 8,660 |
| Massachusetts Department of Transportation Metropolitan Highway System Revenue | 5.000% | 1/1/24 | | 3,500 | | 4,039 |
| Massachusetts Department of Transportation Metropolitan Highway System Revenue | 5.000% | 1/1/25 | | 2,200 | | 2,612 |
| Massachusetts Department of Transportation Metropolitan Highway System Revenue PUT | 5.000% | 1/1/23 | | 26,875 | | 29,875 |
| Massachusetts Development Finance Agency Revenue | 5.000% | 7/1/20 | | 975 | | 997 |
| Massachusetts Development Finance Agency Revenue | 5.000% | 7/1/22 | | 535 | | 582 |
| Massachusetts Development Finance Agency Revenue | 5.000% | 7/1/23 | | 765 | | 856 |
| Massachusetts Development Finance Agency Revenue | 5.000% | 12/1/23 | | 650 | | 746 |
| Massachusetts Development Finance Agency Revenue (Boston Medical Center) | 5.000% | 7/1/21 | | 1,430 | | 1,511 |
| Massachusetts Development Finance Agency Revenue (Boston University) PUT | 5.000% | 4/1/24 | | 8,600 | | 9,806 |
| Massachusetts Development Finance Agency Revenue (Boston University) PUT | 5.000% | 4/1/24 | | 1,000 | | 1,140 |
1 | Massachusetts Development Finance Agency Revenue (Boston University) TOB VRDO | 1.320% | 11/7/19 | | 6,665 | | 6,665 |
| Massachusetts Development Finance Agency Revenue (CareGroup Inc.) | 5.000% | 7/1/20 | | 1,255 | | 1,286 |
| Massachusetts Development Finance Agency Revenue (CareGroup Inc.) | 5.000% | 7/1/21 | | 500 | | 531 |
| Massachusetts Development Finance Agency Revenue (CareGroup Inc.) | 5.000% | 7/1/22 | | 765 | | 839 |
| Massachusetts Development Finance Agency Revenue (CareGroup Inc.) | 5.000% | 7/1/22 | | 2,740 | | 3,005 |
| Massachusetts Development Finance Agency Revenue (CareGroup Inc.) | 5.000% | 7/1/23 | | 500 | | 565 |
| Massachusetts Development Finance Agency Revenue (Commonwealth Contract Assistance) | 5.500% | 2/1/20 | (Prere.) | 5,000 | | 5,053 |
| Massachusetts Development Finance Agency Revenue (Harvard University) | 4.000% | 7/15/20 | | 2,500 | | 2,550 |
| Massachusetts Development Finance Agency Revenue (Harvard University) | 5.000% | 7/15/20 | | 5,000 | | 5,135 |
| Massachusetts Development Finance Agency Revenue (Harvard University) | 5.000% | 10/15/20 | | 1,610 | | 1,669 |
| Massachusetts Development Finance Agency Revenue (Harvard University) | 5.000% | 7/15/21 | | 4,200 | | 4,475 |
| Massachusetts Development Finance Agency Revenue (Lahey Clinic Obligated Group) | 3.000% | 7/1/20 | | 1,500 | | 1,517 |
| Massachusetts Development Finance Agency Revenue (Lahey Clinic Obligated Group) | 4.000% | 7/1/21 | | 750 | | 784 |
| Massachusetts Development Finance Agency Revenue (Lahey Clinic Obligated Group) | 5.000% | 7/1/23 | | 785 | | 887 |
| Massachusetts Development Finance Agency Revenue (Lawrence General Hospital Obligated Group) | 5.000% | 7/1/22 | | 1,290 | | 1,382 |
| Massachusetts Development Finance Agency Revenue (Linden Ponds Inc.) | 4.000% | 11/15/23 | | 1,085 | | 1,123 |
| Massachusetts Development Finance Agency Revenue (Lyman Terrace Phase II LLC) PUT | 1.390% | 2/1/22 | | 2,475 | | 2,477 |
| Massachusetts Development Finance Agency Revenue (NewBridge Charles Inc.) | 3.000% | 10/1/20 | | 1,275 | | 1,288 |
| Massachusetts Development Finance Agency Revenue (NewBridge Charles Inc.) | 3.000% | 10/1/21 | | 1,315 | | 1,340 |
| Massachusetts Development Finance Agency Revenue (Partners Healthcare) | 5.000% | 7/1/20 | | 400 | | 410 |
| Massachusetts Development Finance Agency Revenue (Partners Healthcare) | 5.000% | 7/1/21 | | 2,000 | | 2,125 |
| Massachusetts Development Finance Agency Revenue (Partners Healthcare) | 5.000% | 7/1/22 | | 1,565 | | 1,719 |
2 | Massachusetts Development Finance Agency Revenue (Partners Healthcare) PUT, SIFMA Municipal Swap Index Yield + 0.480% | 1.600% | 1/29/20 | | 5,800 | | 5,801 |
1 | Massachusetts Development Finance Agency Revenue (Partners Healthcare) TOB VRDO | 1.120% | 11/7/19 | | 4,740 | | 4,740 |
1 | Massachusetts Development Finance Agency Revenue (Partners Healthcare) TOB VRDO | 1.150% | 11/7/19 | LOC | 5,570 | | 5,570 |
| Massachusetts Development Finance Agency Revenue (South Shore Hospital Inc.) | 4.000% | 7/1/20 | | 750 | | 762 |
| Massachusetts Development Finance Agency Revenue (Suffolk University) | 5.000% | 7/1/20 | | 500 | | 512 |
| Massachusetts Development Finance Agency Revenue (Suffolk University) | 5.000% | 7/1/21 | | 750 | | 796 |
| Massachusetts Development Finance Agency Revenue (Suffolk University) | 5.000% | 7/1/22 | | 440 | | 481 |
| Massachusetts Development Finance Agency Revenue (UMass Memorial Medical Center) | 5.000% | 7/1/20 | | 1,435 | | 1,468 |
| Massachusetts Development Finance Agency Revenue (Williams College) PUT | 1.450% | 7/1/21 | | 6,470 | | 6,492 |
| Massachusetts GO | 5.500% | 12/1/19 | (14) | 1,940 | | 1,946 |
4 | Massachusetts GO | 4.000% | 4/23/20 | | 100,000 | | 101,344 |
4 | Massachusetts GO | 4.000% | 5/21/20 | | 100,000 | | 101,562 |
| Massachusetts GO | 5.000% | 7/1/21 | | 2,845 | | 3,026 |
| Massachusetts GO | 5.000% | 7/1/21 | | 15,505 | | 16,491 |
| Massachusetts GO | 5.000% | 8/1/21 | | 5,000 | | 5,335 |
| Massachusetts GO | 5.250% | 8/1/21 | | 6,095 | | 6,529 |
| Massachusetts GO | 5.250% | 8/1/21 | | 6,395 | | 6,850 |
| Massachusetts GO | 5.000% | 11/1/21 | | 24,000 | | 25,826 |
| Massachusetts GO | 5.000% | 1/1/22 | | 7,490 | | 8,106 |
| Massachusetts GO | 5.000% | 7/1/22 | | 7,940 | | 8,739 |
| Massachusetts GO | 5.000% | 7/1/22 | | 4,800 | | 5,283 |
| Massachusetts GO | 5.000% | 11/1/22 | (Prere.) | 7,000 | | 7,786 |
| Massachusetts GO | 5.000% | 5/1/23 | | 8,000 | | 9,045 |
| Massachusetts GO | 5.000% | 11/1/23 | | 1,080 | | 1,241 |
| Massachusetts GO | 3.000% | 12/1/23 | | 24,485 | | 26,242 |
| Massachusetts GO PUT | 1.050% | 7/1/20 | | 32,000 | | 31,939 |
| Massachusetts GO PUT | 1.700% | 8/1/22 | | 24,285 | | 24,515 |
25
Short-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Massachusetts Health & Educational Facilities Authority Revenue (Partners Healthcare System) | 1.470% | 11/6/19 | (4) | 15,270 | | 15,270 |
| Massachusetts Health & Educational Facilities Authority Revenue (Partners Healthcare System) | 1.470% | 11/7/19 | (4) | 2,750 | | 2,750 |
| Massachusetts Health & Educational Facilities Authority Revenue (Partners Healthcare System) | 1.350% | 11/8/19 | (4) | 9,795 | | 9,795 |
| Massachusetts Health & Educational Facilities Authority Revenue (UMass Memorial Medical Center) | 5.000% | 7/1/20 | | 1,500 | | 1,534 |
| Massachusetts Health & Educational Facilities Authority Revenue (University of Massachusetts Boston) PUT | 1.850% | 4/1/22 | | 3,700 | | 3,750 |
| Massachusetts Housing Finance Agency Revenue | 1.850% | 6/1/20 | | 790 | | 790 |
| Massachusetts Housing Finance Agency Revenue | 2.050% | 12/1/21 | | 12,500 | | 12,505 |
| Massachusetts Housing Finance Agency Revenue PUT | 1.450% | 12/1/22 | | 825 | | 823 |
| Massachusetts Housing Finance Agency Single Family Housing Revenue PUT | 1.500% | 7/1/20 | | 5,805 | | 5,807 |
2 | Massachusetts Housing Finance Agency Single Family Housing Revenue PUT, 70% of 1M USD LIBOR + 0.380% | 1.802% | 9/1/21 | | 3,750 | | 3,752 |
2 | Massachusetts Housing Finance Agency Single Family Housing Revenue PUT, SIFMA Municipal Swap Index Yield + 0.330% | 1.450% | 12/1/21 | | 2,000 | | 2,000 |
| Massachusetts School Building Authority Dedicated Sales Tax Revenue | 5.000% | 8/15/21 | | 10,205 | | 10,901 |
| Massachusetts School Building Authority Dedicated Sales Tax Revenue | 5.000% | 10/15/22 | | 5,000 | | 5,372 |
| Massachusetts Transportation Fund Revenue (Rail Enhancement Program) | 5.000% | 6/1/21 | | 10,855 | | 11,509 |
| Massachusetts Water Resources Authority Revenue | 5.000% | 8/1/21 | (Prere.) | 9,300 | | 9,912 |
2 | University of Massachusetts Building Authority Revenue PUT, SIFMA Municipal Swap Index Yield + 0.300% | 1.420% | 5/28/20 | | 9,075 | | 9,075 |
| | | | | | | 680,743 |
Michigan (1.7%) | | | | | | |
| Detroit MI City School District GO | 5.000% | 5/1/20 | | 3,110 | | 3,166 |
| Detroit MI City School District GO | 5.000% | 5/1/21 | | 2,100 | | 2,212 |
| Detroit MI City School District GO | 5.000% | 5/1/23 | | 2,115 | | 2,305 |
1 | Detroit MI City School District GO TOB VRDO | 1.270% | 11/7/19 | (18) | 10,245 | | 10,245 |
1 | Detroit MI City School District GO TOB VRDO | 1.270% | 11/7/19 | (18) | 17,845 | | 17,845 |
| Detroit MI Downtown Development Authority Tax Allocation Revenue | 5.000% | 7/1/21 | (4) | 400 | | 422 |
| Detroit MI Downtown Development Authority Tax Allocation Revenue | 5.000% | 7/1/23 | (4) | 450 | | 504 |
| Detroit MI GO | 5.000% | 4/1/20 | | 500 | | 505 |
| Detroit MI GO | 5.000% | 4/1/21 | | 500 | | 517 |
| Downriver MI Utility Wastewater Authority Revenue | 5.000% | 4/1/21 | (4) | 315 | | 331 |
| Downriver MI Utility Wastewater Authority Revenue | 5.000% | 4/1/22 | (4) | 400 | | 434 |
| Downriver MI Utility Wastewater Authority Revenue | 5.000% | 4/1/23 | (4) | 1,060 | | 1,182 |
| Eastern Michigan University Revenue | 5.000% | 3/1/20 | (15) | 1,200 | | 1,214 |
1 | Great Lakes MI Water Authority Sewer Disposal System Revenue TOB VRDO | 1.290% | 11/7/19 | (4) | 6,235 | | 6,235 |
| Great Lakes MI Water Authority Water Supply System Revenue | 5.000% | 7/1/22 | | 7,785 | | 8,526 |
| Holt MI Public Schools GO | 5.000% | 5/1/20 | | 850 | | 866 |
| Holt MI Public Schools GO | 5.000% | 5/1/21 | | 650 | | 686 |
| Holt MI Public Schools GO | 5.000% | 5/1/22 | | 275 | | 300 |
| Holt MI Public Schools GO | 5.000% | 5/1/23 | | 455 | | 512 |
| Holt MI Public Schools GO | 5.000% | 5/1/24 | | 425 | | 493 |
| Karegnondi Water Authority Michigan Water Supply System Revenue (Karegnondi Water Pipeline) | 5.000% | 11/1/20 | | 250 | | 259 |
| Karegnondi Water Authority Michigan Water Supply System Revenue (Karegnondi Water Pipeline) | 5.000% | 11/1/21 | | 250 | | 268 |
| Lincoln MI Consolidated School District GO | 5.000% | 5/1/20 | (4) | 1,025 | | 1,044 |
| Michigan Building Authority Revenue | 5.000% | 4/15/21 | | 1,000 | | 1,055 |
| Michigan Building Authority Revenue | 5.000% | 10/15/21 | | 1,350 | | 1,449 |
| Michigan Building Authority Revenue | 5.000% | 10/15/21 | | 1,000 | | 1,074 |
| Michigan Building Authority Revenue | 5.000% | 10/15/23 | | 690 | | 791 |
| Michigan Building Authority Revenue | 5.000% | 4/15/24 | | 1,250 | | 1,454 |
| Michigan Finance Authority Revenue | 5.000% | 4/1/20 | | 5,300 | | 5,376 |
| Michigan Finance Authority Revenue | 5.000% | 4/1/21 | | 9,190 | | 9,643 |
| Michigan Finance Authority Revenue | 5.000% | 4/1/22 | | 1,500 | | 1,623 |
| Michigan Finance Authority Revenue | 5.000% | 10/1/23 | | 1,295 | | 1,425 |
| Michigan Finance Authority Revenue (Beaumont Health Obligated Group) | 4.000% | 8/1/20 | | 1,310 | | 1,336 |
1 | Michigan Finance Authority Revenue (Beaumont Health Obligated Group) TOB VRDO | 1.320% | 11/7/19 | | 6,060 | | 6,060 |
4 | Michigan Finance Authority Revenue (Bronson Healthcare Group) | 4.000% | 5/15/20 | | 1,420 | | 1,429 |
4 | Michigan Finance Authority Revenue (Bronson Healthcare Group) | 4.000% | 5/15/21 | | 525 | | 541 |
4 | Michigan Finance Authority Revenue (Bronson Healthcare Group) | 4.000% | 5/15/23 | | 1,165 | | 1,253 |
| Michigan Finance Authority Revenue (Bronson Healthcare Group) PUT | 3.500% | 11/15/22 | | 3,500 | | 3,703 |
| Michigan Finance Authority Revenue (Detroit Water & Sewer) | 5.000% | 7/1/20 | | 300 | | 307 |
| Michigan Finance Authority Revenue (Detroit Water & Sewer) | 5.000% | 7/1/20 | (4) | 7,000 | | 7,172 |
| Michigan Finance Authority Revenue (Great Lakes Water Authority Water Supply System) | 5.000% | 7/1/21 | (14) | 1,000 | | 1,059 |
1 | Michigan Finance Authority Revenue (Henry Ford Health System Obligated Group) TOB VRDO | 1.270% | 11/7/19 | | 6,210 | | 6,210 |
2 | Michigan Finance Authority Revenue (McLaren Health Care Corp.) PUT, 68% of 1M USD LIBOR + 0.400% | 1.614% | 10/15/21 | | 15,045 | | 15,081 |
1 | Michigan Finance Authority Revenue (McLaren Health Care Corp.) TOB VRDO | 1.220% | 11/7/19 | | 5,865 | | 5,865 |
| Michigan Finance Authority Revenue (Sparrow Obligated Group) | 4.000% | 11/15/20 | | 500 | | 514 |
| Michigan Finance Authority Revenue (Trinity Health Credit Group) | 5.000% | 12/1/19 | | 545 | | 547 |
26
Short-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Michigan Finance Authority Revenue (Trinity Health Credit Group) | 5.000% | 12/1/22 | | 1,750 | | 1,944 |
| Michigan Finance Authority Revenue (Trinity Health Credit Group) PUT | 1.220% | 12/2/19 | | 7,500 | | 7,498 |
| Michigan Finance Authority Revenue (Unemployment Obligation Assessment) | 5.000% | 7/1/20 | | 3,525 | | 3,593 |
| Michigan GO | 5.000% | 5/1/22 | | 1,485 | | 1,626 |
| Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) PUT | 1.625% | 11/1/19 | | 11,385 | | 11,385 |
| Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) PUT | 1.950% | 4/1/20 | | 6,250 | | 6,267 |
| Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) PUT | 1.375% | 5/1/20 | | 1,205 | | 1,206 |
| Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) PUT | 1.500% | 5/1/20 | | 2,375 | | 2,378 |
| Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) PUT | 1.900% | 4/1/21 | | 14,750 | | 14,894 |
| Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) PUT | 2.400% | 3/15/23 | | 4,110 | | 4,237 |
| Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) PUT | 4.000% | 6/1/23 | | 11,500 | | 12,547 |
| Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) PUT | 4.000% | 7/1/24 | | 7,500 | | 8,367 |
| Michigan Hospital Finance Authority Revenue (Trinity Health Credit Group) | 5.000% | 12/1/19 | | 1,100 | | 1,103 |
| Michigan Hospital Finance Authority Revenue (Trinity Health Credit Group) | 5.000% | 12/1/20 | | 1,165 | | 1,212 |
| Michigan Housing Development Authority Revenue | 1.450% | 4/1/20 | | 3,750 | | 3,748 |
| Michigan Housing Development Authority Revenue | 1.500% | 10/1/22 | | 1,145 | | 1,145 |
1 | Michigan State Housing Development Authority TOB VRDO | 1.150% | 11/7/19 | | 16,030 | | 16,030 |
| Michigan State University Revenue | 5.000% | 2/15/22 | | 1,500 | | 1,629 |
| Michigan State University Revenue | 5.000% | 2/15/23 | | 400 | | 449 |
| Michigan Strategic Fund Limited Obligation Revenue (Detroit Edison Co. Project) PUT | 1.450% | 9/1/21 | | 5,985 | | 5,970 |
| Michigan Trunk Line Revenue | 5.000% | 11/15/22 | | 1,435 | | 1,599 |
| Milan MI Area Schools GO | 5.000% | 5/1/20 | | 765 | | 778 |
| Milan MI Area Schools GO | 5.000% | 5/1/22 | | 500 | | 545 |
| Portage MI Public Schools GO | 5.000% | 11/1/19 | | 1,465 | | 1,465 |
| Portage MI Public Schools GO | 5.000% | 11/1/20 | | 750 | | 778 |
| Saline MI Area Schools GO | 2.000% | 5/1/21 | | 1,325 | | 1,339 |
| Saline MI Area Schools GO | 5.000% | 5/1/22 | | 1,000 | | 1,093 |
| University of Michigan Revenue | 5.000% | 4/1/20 | | 1,500 | | 1,524 |
| University of Michigan Revenue | 5.000% | 4/1/20 | | 1,750 | | 1,778 |
| University of Michigan Revenue | 5.000% | 4/1/21 | | 1,500 | | 1,582 |
2 | University of Michigan Revenue PUT, SIFMA Municipal Swap Index Yield + 0.270% | 1.850% | 4/1/22 | | 10,410 | | 10,395 |
4 | Washtenaw County MI Intermediate School District GO | 5.000% | 5/1/22 | | 3,890 | | 4,248 |
4 | Washtenaw County MI Intermediate School District GO | 5.000% | 5/1/24 | | 2,390 | | 2,772 |
| Wayne County MI Airport Authority Revenue | 5.000% | 12/1/20 | | 365 | | 380 |
| Wayne County MI Airport Authority Revenue | 5.000% | 12/1/21 | | 700 | | 753 |
| Wayne County MI Airport Authority Revenue | 5.000% | 12/1/21 | | 1,500 | | 1,614 |
| Wayne County MI Airport Authority Revenue | 5.000% | 12/1/22 | | 585 | | 650 |
| Wayne County MI Airport Authority Revenue (Detroit Metropolitan Wayne County Airport) | 4.000% | 12/1/19 | | 2,290 | | 2,295 |
| Wayne County MI Airport Authority Revenue (Detroit Metropolitan Wayne County Airport) | 4.000% | 12/1/20 | | 1,785 | | 1,839 |
| Wayne County MI Airport Authority Revenue (Detroit Metropolitan Wayne County Airport) | 5.000% | 12/1/21 | | 1,225 | | 1,318 |
| Wayne County MI Airport Authority Revenue (Detroit Metropolitan Wayne County Airport) | 5.000% | 12/1/22 | | 1,000 | | 1,111 |
| Wayne County MI Airport Authority Revenue (Detroit Metropolitan Wayne County Airport) | 5.000% | 12/1/23 | | 1,000 | | 1,144 |
1 | Wayne State University Michigan Revenue TOB VRDO | 1.150% | 11/7/19 | | 2,500 | | 2,500 |
| Wayne Westland MI Community Schools GO | 4.000% | 11/1/19 | | 800 | | 800 |
| Wayne Westland MI Community Schools GO | 4.000% | 5/1/20 | | 380 | | 385 |
| Wayne Westland MI Community Schools GO | 4.000% | 11/1/20 | | 735 | | 754 |
| Wayne Westland MI Community Schools GO | 4.000% | 5/1/21 | | 200 | | 208 |
| Wayne Westland MI Community Schools GO | 4.000% | 5/1/22 | | 160 | | 170 |
| Wayne Westland MI Community Schools GO | 5.000% | 11/1/23 | | 380 | | 432 |
| | | | | | | 288,515 |
Minnesota (0.8%) | | | | | | |
| Duluth MN Independent School District No. 709 COP | 5.000% | 2/1/20 | | 365 | | 368 |
| Duluth MN Independent School District No. 709 COP | 5.000% | 2/1/21 | | 300 | | 313 |
| Duluth MN Independent School District No. 709 COP | 5.000% | 2/1/22 | | 325 | | 350 |
| Duluth MN Independent School District No. 709 COP | 5.000% | 2/1/23 | | 375 | | 416 |
| Maple Grove MN Health Care Facilities Revenue (Maple Grove Hospital Corp.) | 4.000% | 5/1/20 | | 500 | | 506 |
| Maple Grove MN Health Care Facilities Revenue (Maple Grove Hospital Corp.) | 4.000% | 5/1/21 | | 550 | | 570 |
| Metropolitan Council (Minneapolis-St. Paul Metropolitan Area) Minnesota GO | 5.000% | 3/1/22 | | 1,555 | | 1,693 |
| Metropolitan Council (Minneapolis-St. Paul Metropolitan Area) Minnesota GO | 3.000% | 3/1/23 | | 2,700 | | 2,815 |
| Minneapolis & St. Paul MN Housing & Redevelopment Authority Health Care System Revenue (Allina Health System) | 5.000% | 11/15/23 | | 850 | | 974 |
| Minneapolis & St. Paul MN Housing & Redevelopment Authority Health Care System Revenue (Allina Health System) | 5.000% | 11/15/24 | | 1,050 | | 1,239 |
| Minneapolis & St. Paul MN Housing & Redevelopment Authority Health Care System Revenue (Allina Health System) VRDO | 1.380% | 11/1/19 | LOC | 15,250 | | 15,250 |
| Minneapolis & St. Paul MN Housing & Redevelopment Authority Health Care System Revenue (Allina Health System) VRDO | 1.110% | 11/7/19 | LOC | 28,550 | | 28,550 |
| Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue | 4.000% | 1/1/20 | | 350 | | 352 |
| Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue | 4.000% | 1/1/21 | | 125 | | 129 |
| Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue | 5.000% | 1/1/22 | | 1,300 | | 1,405 |
| Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue | 5.000% | 1/1/23 | | 1,000 | | 1,116 |
27
Short-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Minneapolis & St. Paul MN Metropolitan Council Wastewater GO | 5.000% | 3/1/21 | | 2,650 | | 2,786 |
| Minneapolis & St. Paul MN Metropolitan Council Wastewater GO | 5.000% | 3/1/22 | | 2,935 | | 3,196 |
| Minneapolis MN Health Care System Revenue (Fairview Health Services) | 5.000% | 11/15/19 | | 750 | | 751 |
| Minneapolis MN Improvement and Various Purpose GO | 4.000% | 12/1/21 | | 1,425 | | 1,510 |
| Minneapolis MN Improvement and Various Purpose GO | 4.000% | 12/1/22 | | 1,165 | | 1,266 |
| Minnesota General Fund Revenue | 5.000% | 6/1/21 | | 3,670 | | 3,892 |
| Minnesota GO | 5.000% | 8/1/20 | (Prere.) | 115 | | 118 |
| Minnesota GO | 5.000% | 8/1/21 | | 1,865 | | 1,990 |
| Minnesota GO | 5.000% | 8/1/21 | | 2,250 | | 2,401 |
| Minnesota GO | 5.000% | 10/1/22 | | 19,625 | | 21,792 |
| Minnesota GO | 5.000% | 8/1/23 | | 1,900 | | 2,168 |
| Minnesota GO | 5.000% | 8/1/23 | | 7,860 | | 8,083 |
| Minnesota GO | 5.000% | 8/1/23 | | 1,890 | | 2,157 |
| Minnesota GO | 5.000% | 8/1/23 | | 1,000 | | 1,141 |
| Minnesota Higher Education Facilities Authority Revenue (University of St. Thomas) | 4.000% | 10/1/21 | | 100 | | 105 |
| Minnesota Higher Education Facilities Authority Revenue (University of St. Thomas) | 4.000% | 10/1/22 | | 200 | | 215 |
| Minnesota Higher Education Facilities Authority Revenue (University of St. Thomas) | 4.000% | 10/1/23 | | 250 | | 275 |
| Minnesota Public Facilities Authority Revenue (State Revolving Fund) | 5.000% | 3/1/20 | | 8,665 | | 8,774 |
| Minnesota Public Facilities Authority Revenue (State Revolving Fund) | 4.000% | 3/1/22 | | 1,000 | | 1,066 |
| Northern Minnesota Municipal Power Agency Electric System Revenue | 5.000% | 1/1/20 | | 825 | | 830 |
| Northern Minnesota Municipal Power Agency Electric System Revenue | 5.000% | 1/1/21 | | 2,500 | | 2,608 |
| Northern Minnesota Municipal Power Agency Electric System Revenue | 5.000% | 1/1/22 | | 588 | | 634 |
| Rochester MN Health Care Facilities Revenue (Mayo Clinic) PUT | 4.500% | 11/15/21 | | 2,005 | | 2,134 |
| St. Paul MN Housing & Redevelopment Authority Health Care Revenue (Fairview Health Services Obligated Group) | 4.000% | 11/15/20 | | 400 | | 411 |
| St. Paul MN Housing & Redevelopment Authority Health Care Revenue (Fairview Health Services Obligated Group) | 5.000% | 11/15/21 | | 500 | | 536 |
| St. Paul MN Housing & Redevelopment Authority Health Care Revenue (Fairview Health Services Obligated Group) | 5.000% | 11/15/22 | | 370 | | 409 |
| University of Minnesota Revenue | 5.000% | 12/1/20 | (Prere.) | 3,920 | | 4,080 |
| | | | | | | 131,374 |
Mississippi (0.5%) | | | | | | |
| Gulfport MS Hospital Facilities Revenue (Memorial Hospital at Gulfport Project) | 5.000% | 7/1/20 | | 1,000 | | 1,021 |
| Harrison County MS School District GO | 4.000% | 6/1/21 | | 550 | | 573 |
| Harrison County MS School District GO | 4.000% | 6/1/22 | | 1,150 | | 1,229 |
| Harrison County MS School District GO | 4.000% | 6/1/23 | | 1,200 | | 1,312 |
| Jackson MS Public School District GO | 5.000% | 4/1/20 | | 1,500 | | 1,523 |
| Mississippi GO | 4.000% | 11/1/22 | | 10,250 | | 11,097 |
| Mississippi GO | 5.000% | 11/1/23 | | 18,500 | | 20,587 |
| Mississippi GO | 5.000% | 11/1/24 | | 5,575 | | 6,202 |
2 | Mississippi GO PUT, 67% of 1M USD LIBOR + 0.330% | 1.691% | 9/1/20 | | 9,105 | | 9,109 |
| Mississippi Home Corp. Revenue (Gateway Affordable Communities LP) PUT | 2.400% | 8/1/21 | (Prere.) | 2,500 | | 2,548 |
2 | Mississippi Hospital Equipment & Facilities Authority Revenue (Baptist Health System) PUT,SIFMA Municipal Swap Index Yield + 1.300% | 2.420% | 8/15/20 | | 7,850 | | 7,864 |
| Mississippi Hospital Equipment & Facilities Authority Revenue (Baptist Memorial Health Care Obligated Group) | 5.000% | 9/1/21 | | 3,610 | | 3,819 |
| Mississippi Hospital Equipment & Facilities Authority Revenue (Baptist Memorial Health Care Obligated Group) PUT | 1.800% | 12/2/19 | | 1,550 | | 1,550 |
| Mississippi Hospital Equipment & Facilities Authority Revenue (Forrest General Hospital Inc.) | 5.000% | 1/1/21 | | 370 | | 385 |
| Mississippi Hospital Equipment & Facilities Authority Revenue (Forrest General Hospital Inc.) | 5.000% | 1/1/23 | | 500 | | 553 |
| Warren County MS Gulf Opportunity Zone Revenue (International Paper Co. Projects) PUT | 2.900% | 9/1/23 | | 6,250 | | 6,518 |
| | | | | | | 75,890 |
Missouri (0.4%) | | | | | | |
| Bi-State Development Agency of the Missouri-Illinois Metropolitan District Mass Transit Sales Tax Revenue | 5.000% | 10/1/21 | | 1,000 | | 1,073 |
| Branson MO Industrial Development Authority Tax Increase Revenue (Branson Shoppes Redevelopment) | 3.000% | 11/1/19 | | 400 | | 400 |
| Branson MO Industrial Development Authority Tax Increase Revenue (Branson Shoppes Redevelopment) | 3.000% | 11/1/20 | | 400 | | 403 |
| Branson MO Industrial Development Authority Tax Increase Revenue (Branson Shoppes Redevelopment) | 3.000% | 11/1/21 | | 350 | | 354 |
| Cape Girardeau County MO Industrial Development Authority of the Health Facilities Revenue (Southeast Health) | 5.000% | 3/1/20 | | 735 | | 743 |
| Cape Girardeau County MO Industrial Development Authority of the Health Facilities Revenue (Southeast Health) | 5.000% | 3/1/21 | | 365 | | 380 |
| Cape Girardeau County MO Industrial Development Authority of the Health Facilities Revenue (St. Francis Medical Center) | 5.000% | 6/1/22 | | 785 | | 861 |
| Curators of the University of Missouri System Facilities Revenue | 5.000% | 11/1/24 | | 1,500 | | 1,612 |
| Franklin County MO COP | 3.000% | 4/1/21 | | 335 | | 343 |
| Franklin County MO COP | 3.000% | 11/1/21 | | 205 | | 212 |
| Franklin County MO COP | 3.000% | 4/1/22 | | 450 | | 468 |
28
Short-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Franklin County MO COP | 3.000% | 11/1/22 | | 210 | | 220 |
| Franklin County MO COP | 3.000% | 4/1/23 | | 920 | | 968 |
| Franklin County MO COP | 3.000% | 11/1/23 | | 425 | | 451 |
| Franklin County MO COP | 3.000% | 4/1/24 | | 475 | | 506 |
| Franklin County MO COP | 3.000% | 11/1/24 | | 440 | | 472 |
| Kansas City MO Sanitary Sewer System Revenue | 5.000% | 1/1/22 | | 1,305 | | 1,412 |
| Kansas City MO Special Obligation Revenue | 5.000% | 10/1/20 | | 2,000 | | 2,068 |
| Kansas City MO Special Obligation Revenue | 5.000% | 10/1/20 | | 1,260 | | 1,303 |
| Kansas City MO Special Obligation Revenue (Downtown Arena Project) | 5.000% | 4/1/20 | | 2,660 | | 2,701 |
| Kansas City MO Special Obligation Revenue (Downtown Arena Project) | 5.000% | 4/1/24 | | 1,000 | | 1,153 |
| Lee’s Summit MO Senior Living Facilities Revenue (John Knox Village) | 5.000% | 8/15/21 | | 1,640 | | 1,720 |
| Lee’s Summit MO Senior Living Facilities Revenue (John Knox Village) | 5.000% | 8/15/23 | | 1,285 | | 1,410 |
| Metropolitan St. Louis MO Sewer District Wastewater System Revenue | 5.000% | 5/1/21 | | 1,275 | | 1,348 |
| Missouri Environmental Improvement & Energy Resources Authority Revenue | 5.000% | 1/1/20 | | 1,375 | | 1,383 |
| Missouri Environmental Improvement & Energy Resources Authority Revenue | 5.000% | 7/1/21 | | 3,765 | | 4,004 |
| Missouri Health & Educational Facilities Authority Educational Facilities Revenue (Southeast Missouri State University) | 5.000% | 10/1/23 | | 200 | | 226 |
| Missouri Health & Educational Facilities Authority Educational Facilities Revenue (Southeast Missouri State University) | 5.000% | 10/1/24 | | 505 | | 585 |
| Missouri Health & Educational Facilities Authority Health Facilities Revenue (SSM Health System) | 5.000% | 6/1/22 | | 2,335 | | 2,560 |
| Missouri Health & Educational Facilities Authority Health Facilities Revenue (SSM Health System) PUT | 5.000% | 6/1/23 | | 7,900 | | 8,667 |
| Missouri Health & Educational Facilities Authority Revenue (Christian Homes Inc. Obligated Group) | 4.000% | 5/15/22 | | 1,320 | | 1,371 |
| Missouri Health & Educational Facilities Authority Revenue (St. Luke’s Health System Inc.) | 5.000% | 11/15/20 | | 1,440 | | 1,494 |
| Missouri Highways & Transportation Commission Road Revenue | 5.000% | 5/1/21 | | 10,075 | | 10,650 |
| Missouri Highways & Transportation Commission Road Revenue | 5.000% | 5/1/22 | | 2,860 | | 3,130 |
| Missouri Highways & Transportation Commission Road Revenue | 5.000% | 5/1/24 | | 500 | | 583 |
| Missouri Joint Municipal Electric Utility Commission Power Project Revenue | 5.000% | 1/1/20 | | 1,000 | | 1,006 |
| Springfield MO School District No. R-12 GO | 3.000% | 3/1/21 | | 1,375 | | 1,409 |
| Springfield MO School District No. R-12 GO | 3.000% | 3/1/22 | | 880 | | 917 |
| St. Louis MO Parking Revenue | 5.000% | 12/15/19 | (4) | 1,000 | | 1,004 |
| St. Louis MO Parking Revenue | 5.000% | 12/15/20 | (4) | 1,000 | | 1,039 |
| | | | | | | 62,609 |
Montana (0.2%) | | | | | | |
| Montana Board of Investments Revenue (INTERCAP Revolving Program) PUT | 1.870% | 3/2/20 | | 8,790 | | 8,801 |
| Montana Board of Investments Revenue (INTERCAP Revolving Program) PUT | 1.870% | 3/2/20 | | 5,000 | | 5,006 |
| Montana Board of Investments Revenue (INTERCAP Revolving Program) PUT | 1.870% | 3/1/20 | | 14,960 | | 14,979 |
| Montana Board of Investments Revenue PUT | 1.870% | 3/1/20 | | 3,950 | | 3,955 |
| Montana Facility Finance Authority Hospital Revenue (Benefis Health System) | 5.000% | 2/15/20 | | 1,750 | | 1,768 |
| Montana Facility Finance Authority Hospital Revenue (Billings Clinic Obligated Group) | 4.000% | 8/15/21 | | 665 | | 697 |
| Montana Facility Finance Authority Hospital Revenue (Billings Clinic Obligated Group) | 4.000% | 8/15/22 | | 570 | | 611 |
| Montana Facility Finance Authority Hospital Revenue (SCL Health System) | 5.000% | 1/1/23 | | 625 | | 698 |
| | | | | | | 36,515 |
Multiple States (3.1%) | | | | | | |
5 | Federal Home Loan Mortgage Corp. Multifamily Housing Revenue TOB VRDO | 1.140% | 11/7/19 | LOC | 26,520 | | 26,520 |
5 | Federal Home Loan Mortgage Corp. Multifamily Housing Revenue VRDO | 1.330% | 11/7/19 | LOC | 16,975 | | 16,975 |
4,5 | Federal Home Loan Mortgage Corp. Multifamily Housing Revenue VRDO | 1.330% | 11/7/19 | | 16,220 | | 16,220 |
5 | Federal Home Loan Mortgage Corp. Multifamily Housing Revenue VRDO | 1.330% | 11/8/19 | LOC | 26,280 | | 26,280 |
2,5 | Federal Home Loan Mortgage Corp. Multifamily Housing Revenue, SIFMA Municipal Swap Index Yield + 0.210% | 1.330% | 11/7/19 | LOC | 5,500 | | 5,500 |
5 | Federal Home Loan Mortgage Corp. Multifamily Housing VRDO | 1.330% | 11/8/19 | LOC | 25,795 | | 25,795 |
| Nuveen AMT-Free Municipal Income Fund VRDP VRDO | 1.470% | 11/1/19 | | 14,125 | | 14,125 |
1 | Nuveen AMT-Free Municipal Income Fund VRDP VRDO | 1.220% | 11/7/19 | LOC | 116,500 | | 116,500 |
| Nuveen AMT-Free Quality Municipal Income Fund VRDP VRDO | 1.470% | 11/1/19 | | 38,500 | | 38,500 |
1 | Nuveen AMT-Free Quality Municipal Income Fund VRDP VRDO | 1.190% | 11/7/19 | LOC | 173,800 | | 173,800 |
1 | Nuveen Enhanced AMT-Free Municipal Credit Opportunities Fund VRDP VRDO | 1.190% | 11/7/19 | LOC | 65,700 | | 65,700 |
| | | | | | | 525,915 |
Nebraska (0.5%) | | | | | | |
| Central Plains Energy Project Nebraska Gas Supply Revenue PUT | 5.000% | 12/1/19 | | 63,660 | | 63,840 |
| Douglas County NE GO | 5.000% | 12/15/19 | | 2,605 | | 2,616 |
| Douglas County NE Hospital Authority No. 3 Health Facilities Revenue (Nebraska Methodist Health System) | 5.000% | 11/1/20 | | 1,150 | | 1,189 |
| Nebraska Public Power Generation Agency Revenue (Whelan Energy Center Unit 2) | 5.000% | 1/1/21 | | 1,875 | | 1,953 |
| Nebraska Public Power Generation Agency Revenue (Whelan Energy Center Unit 2) | 5.000% | 1/1/23 | | 2,500 | | 2,773 |
| Omaha NE GO | 5.000% | 1/15/21 | | 1,200 | | 1,255 |
| Omaha NE GO | 5.000% | 1/15/22 | | 1,000 | | 1,083 |
| University of Nebraska Student Fee Revenue | 5.000% | 7/1/21 | (ETM) | 1,100 | | 1,169 |
| | | | | | | 75,878 |
29
Short-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
Nevada (1.1%) | | | | | | |
| Carson City NV Hospital Revenue (Carson Tahoe Regional Medical Center) | 5.000% | 9/1/20 | | 250 | | 257 |
| Clark County NV Airport Improvement Revenue | 5.000% | 7/1/21 | | 1,795 | | 1,907 |
| Clark County NV Airport Improvement Revenue | 5.000% | 7/1/23 | | 4,750 | | 5,379 |
| Clark County NV School District GO | 5.000% | 6/15/20 | | 48,275 | | 49,342 |
| Clark County NV School District GO | 5.000% | 6/15/20 | | 3,125 | | 3,194 |
| Clark County NV School District GO | 5.000% | 6/15/20 | | 520 | | 531 |
| Clark County NV School District GO | 5.000% | 6/15/21 | | 4,520 | | 4,779 |
| Clark County NV School District GO | 5.000% | 6/15/21 | (4) | 3,385 | | 3,579 |
| Clark County NV School District GO | 5.000% | 6/15/22 | (4) | 7,040 | | 7,684 |
| Clark County NV School District GO | 5.000% | 6/15/22 | | 5,500 | | 6,003 |
| Clark County NV School District GO | 5.000% | 6/15/22 | | 1,260 | | 1,375 |
| Clark County NV School District GO | 5.000% | 6/15/22 | | 7,465 | | 8,148 |
| Clark County NV School District GO | 5.000% | 6/15/22 | (4) | 3,555 | | 3,880 |
| Clark County NV School District GO | 5.000% | 6/15/23 | (4) | 3,695 | | 4,156 |
| Clark County NV School District GO | 5.000% | 6/15/23 | (4) | 3,730 | | 4,196 |
| Clark County NV School District GO | 5.000% | 6/15/24 | (4) | 3,880 | | 4,489 |
| Humboldt County NV Pollution Control Revenue (Idaho Power Co.) | 1.450% | 12/1/24 | | 6,300 | | 6,230 |
| Humboldt County NV Pollution Control Revenue (Sierra Pacific Power Co.) PUT | 1.850% | 4/15/22 | | 10,000 | | 10,099 |
| Las Vegas NV Convention & Visitors Authority Revenue | 4.000% | 7/1/20 | | 410 | | 417 |
| Las Vegas NV Convention & Visitors Authority Revenue | 5.000% | 7/1/21 | | 400 | | 425 |
| Las Vegas NV Convention & Visitors Authority Revenue | 5.000% | 7/1/24 | | 430 | | 501 |
1 | Las Vegas NV Convention & Visitors Authority TOB VRDO | 1.200% | 11/7/19 | | 13,475 | | 13,475 |
| Las Vegas NV GO | 4.000% | 12/1/22 | | 1,500 | | 1,588 |
| North Las Vegas NV GO | 5.000% | 6/1/21 | (4) | 2,100 | | 2,221 |
| North Las Vegas NV GO | 5.000% | 6/1/22 | (4) | 2,400 | | 2,623 |
| Reno NV Hospital Revenue (Renown Regional Medical Center Project) VRDO | 1.110% | 11/7/19 | LOC | 28,925 | | 28,925 |
| Washoe County NV Water Facilities Revenue (Sierra Pacific Power Co. Project) PUT | 1.850% | 4/15/22 | | 6,500 | | 6,564 |
| | | | | | | 181,967 |
New Hampshire (0.1%) | | | | | | |
| New Hampshire Business Finance Authority Revenue PUT (The United Illuminating Co.) | 2.800% | 10/2/23 | | 5,480 | | 5,717 |
| New Hampshire Health & Education Facilities Authority Revenue (Elliott Hospital Obligated Group) | 5.000% | 10/1/20 | | 1,265 | | 1,304 |
| New Hampshire Health & Education Facilities Authority Revenue (Partners Healthcare System Inc.) | 5.000% | 7/1/20 | | 350 | | 359 |
| New Hampshire Health & Education Facilities Authority Revenue (Partners Healthcare System Inc.) | 5.000% | 7/1/21 | | 1,085 | | 1,153 |
| New Hampshire Municipal Bond Bank Revenue | 5.000% | 8/15/20 | (Prere.) | 2,005 | | 2,065 |
| | | | | | | 10,598 |
New Jersey (2.3%) | | | | | | |
| Aberdeen NJ GO | 3.000% | 3/6/20 | | 13,200 | | 13,273 |
| Atlantic City NJ GO | 5.000% | 3/1/20 | (4) | 200 | | 202 |
| Atlantic City NJ GO | 5.000% | 3/1/21 | (4) | 650 | | 679 |
| Atlantic City NJ GO | 5.000% | 3/1/22 | (4) | 500 | | 539 |
| Atlantic County NJ GO | 3.000% | 10/1/22 | (15) | 810 | | 851 |
| Delran Township NJ GO | 1.500% | 10/15/20 | | 2,000 | | 2,002 |
| Delran Township NJ GO | 2.000% | 10/15/22 | | 1,242 | | 1,258 |
| Garden State Preservation Trust New Jersey Revenue (Open Space & Farmland Preservation) | 5.000% | 11/1/20 | | 1,295 | | 1,339 |
| Garden State Preservation Trust New Jersey Revenue (Open Space & Farmland Preservation) | 5.000% | 11/1/22 | (15) | 1,095 | | 1,207 |
| Gloucester County NJ Improvement Authority Revenue (Rowan University) | 5.000% | 11/1/21 | (4) | 2,000 | | 2,145 |
| Gloucester County NJ Improvement Authority Revenue (Rowan University) | 5.000% | 11/1/22 | (4) | 2,130 | | 2,359 |
| Haworth NJ GO | 2.000% | 8/1/22 | | 450 | | 457 |
1 | Inspira Health Obligated Group NJ TOB VRDO | 1.240% | 11/7/19 | | 2,100 | | 2,100 |
| Monmouth County NJ GO | 3.000% | 3/1/20 | | 2,540 | | 2,555 |
| Monmouth County NJ GO | 5.000% | 7/15/21 | | 4,855 | | 5,171 |
| Monmouth County NJ Improvement Authority Revenue (Pooled Government Loan) | 5.000% | 12/1/20 | | 2,575 | | 2,681 |
| Morris County NJ GO | 3.000% | 2/1/22 | | 2,205 | | 2,298 |
| New Jersey Economic Development Authority Revenue | 5.000% | 6/15/21 | | 5,965 | | 6,298 |
| New Jersey Economic Development Authority Revenue | 5.000% | 6/15/22 | | 2,000 | | 2,172 |
| New Jersey Economic Development Authority Revenue | 5.000% | 6/15/22 | | 3,050 | | 3,313 |
| New Jersey Economic Development Authority Revenue | 5.000% | 6/15/22 | | 6,470 | | 7,027 |
| New Jersey Economic Development Authority Revenue | 5.000% | 11/1/22 | | 750 | | 823 |
| New Jersey Economic Development Authority Revenue (Cigarette Tax) | 5.000% | 6/15/24 | | 300 | | 324 |
| New Jersey Economic Development Authority Revenue (Cigarette Tax) | 5.000% | 6/15/25 | | 305 | | 328 |
| New Jersey Economic Development Authority Revenue (Motor Vehicle Surcharge) | 4.000% | 7/1/22 | | 4,395 | | 4,640 |
1 | New Jersey Economic Development Authority Revenue (Motor Vehicle Surcharge) TOB VRDO | 1.270% | 11/7/19 | | 4,200 | | 4,200 |
| New Jersey Economic Development Authority Revenue (School Facilities Construction) | 5.500% | 12/15/19 | (2) | 5,000 | | 5,023 |
| New Jersey Economic Development Authority Revenue (School Facilities Construction) | 5.000% | 6/15/20 | | 500 | | 511 |
| New Jersey Economic Development Authority Revenue (School Facilities Construction) | 5.000% | 3/1/21 | | 200 | | 209 |
| New Jersey Economic Development Authority Revenue (School Facilities Construction) | 5.000% | 9/1/21 | | 260 | | 272 |
| New Jersey Economic Development Authority Revenue (School Facilities Construction) | 5.000% | 3/1/22 | | 1,010 | | 1,088 |
| New Jersey Economic Development Authority Revenue (School Facilities Construction) | 5.000% | 9/1/22 | | 7,370 | | 7,709 |
30
Short-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| New Jersey Economic Development Authority Revenue (School Facilities Construction) | 5.000% | 3/1/23 | | 8,580 | | 9,480 |
| New Jersey Economic Development Authority Sublease Revenue (New Jersey Transit Corp. Projects) | 5.000% | 11/1/19 | | 2,780 | | 2,780 |
| New Jersey Economic Development Authority Sublease Revenue (New Jersey Transit Corp. Projects) | 5.000% | 11/1/21 | | 250 | | 267 |
| New Jersey Educational Facilities Authority Revenue (Princeton University) | 5.000% | 7/1/20 | | 2,000 | | 2,051 |
| New Jersey Educational Facilities Authority Revenue (Princeton University) | 5.000% | 7/1/20 | | 1,345 | | 1,380 |
| New Jersey Educational Facilities Authority Revenue (Princeton University) | 5.000% | 7/1/21 | | 1,000 | | 1,064 |
| New Jersey Educational Facilities Authority Revenue (Princeton University) | 5.000% | 7/1/22 | | 3,065 | | 3,261 |
| New Jersey Educational Facilities Authority Revenue (Seton Hall University) | 5.000% | 7/1/21 | | 265 | | 281 |
1 | New Jersey GO TOB VRDO | 1.320% | 11/7/19 | | 3,750 | | 3,750 |
| New Jersey Health Care Facilities Financing Authority Revenue (Barnabas Health) PUT | 5.000% | 7/1/24 | | 10,000 | | 11,618 |
| New Jersey Health Care Facilities Financing Authority Revenue (Hospital Asset Transformation Program) | 5.000% | 10/1/20 | | 700 | | 721 |
| New Jersey Health Care Facilities Financing Authority Revenue (Hospital Asset Transformation Program) | 5.000% | 10/1/21 | | 1,250 | | 1,332 |
| New Jersey Health Care Facilities Financing Authority Revenue (Hospital Asset Transformation Program) | 5.000% | 10/1/22 | | 1,500 | | 1,643 |
| New Jersey Health Care Facilities Financing Authority Revenue (Princeton Healthcare System) | 5.000% | 7/1/20 | | 2,100 | | 2,152 |
| New Jersey Health Care Facilities Financing Authority Revenue (St. Joseph’s Healthcare System) | 4.000% | 7/1/20 | | 1,000 | | 1,015 |
| New Jersey Higher Education Assistance Authority Student Loan Revenue | 5.000% | 12/1/21 | | 4,000 | | 4,303 |
| New Jersey Higher Education Assistance Authority Student Loan Revenue | 5.000% | 12/1/22 | | 3,410 | | 3,787 |
| New Jersey Housing & Mortgage Finance Agency Multi-Family Housing Revenue (Garden Spires Urban Renewal LP) PUT | 2.020% | 8/1/20 | | 4,680 | | 4,701 |
| New Jersey Housing & Mortgage Finance Agency Multi-Family Housing Revenue (GK Preservation LLC) PUT | 2.450% | 10/1/20 | | 3,750 | | 3,784 |
| New Jersey Housing & Mortgage Finance Agency Multi-Family Housing Revenue (Pilgrim Baptist Village I & II Project) PUT | 1.500% | 9/1/21 | | 2,900 | | 2,906 |
| New Jersey Sports & Exposition Authority Revenue | 5.000% | 9/1/20 | | 625 | | 641 |
| New Jersey Sports & Exposition Authority Revenue | 5.000% | 9/1/21 | | 2,000 | | 2,127 |
| New Jersey Sports & Exposition Authority Revenue | 5.000% | 9/1/22 | | 3,250 | | 3,551 |
| New Jersey Sports & Exposition Authority Revenue | 5.000% | 9/1/23 | | 5,455 | | 6,109 |
| New Jersey Sports & Exposition Authority Revenue | 5.250% | 12/15/23 | (4) | 4,310 | | 4,948 |
| New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue | 4.000% | 6/15/20 | | 300 | | 305 |
| New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue | 5.000% | 6/15/20 | | 43,175 | | 44,113 |
| New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue | 5.000% | 6/15/21 | | 5,000 | | 5,283 |
| New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue | 5.000% | 6/15/22 | | 8,340 | | 9,080 |
| New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue | 5.000% | 6/15/23 | | 8,250 | | 9,233 |
| New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue | 5.000% | 6/15/24 | | 1,375 | | 1,578 |
| New Jersey Transportation Trust Fund Authority Revenue | 5.000% | 6/15/22 | | 250 | | 264 |
| New Jersey Transportation Trust Fund Authority Revenue | 5.250% | 12/15/22 | (4) | 1,120 | | 1,250 |
| New Jersey Transportation Trust Fund Authority Revenue | 5.000% | 12/15/23 | | 2,125 | | 2,402 |
| New Jersey Transportation Trust Fund Authority Revenue | 5.000% | 12/15/24 | | 5,000 | | 5,765 |
| New Jersey Transportation Trust Fund Authority Transportation Program Revenue | 5.000% | 6/15/21 | | 300 | | 317 |
| New Jersey Transportation Trust Fund Authority Transportation Program Revenue | 4.000% | 6/15/24 | | 100 | | 108 |
2 | New Jersey Transportation Trust Fund Authority Transportation Program Revenue PUT, SIFMA Municipal Swap Index Yield + 1.200% | 2.320% | 12/15/21 | | 5,000 | | 5,029 |
| New Jersey Transportation Trust Fund Authority Transportation System Revenue | 4.000% | 12/15/19 | | 850 | | 852 |
| New Jersey Transportation Trust Fund Authority Transportation System Revenue | 5.500% | 12/15/21 | (14) | 170 | | 184 |
| New Jersey Transportation Trust Fund Authority Transportation System Revenue | 5.250% | 12/15/22 | | 3,750 | | 4,166 |
| New Jersey Transportation Trust Fund Authority Transportation System Revenue | 5.250% | 12/15/22 | (2) | 5,445 | | 6,053 |
| New Jersey Transportation Trust Fund Authority Transportation System Revenue | 5.500% | 12/15/22 | | 2,105 | | 2,354 |
| New Jersey Transportation Trust Fund Authority Transportation System Revenue | 5.500% | 12/15/22 | (4) | 4,000 | | 4,495 |
| New Jersey Transportation Trust Fund Authority Transportation System Revenue | 5.750% | 6/15/23 | (14) | 4,000 | | 4,574 |
1 | New Jersey Transportation Trust Fund Authority Transportation System Revenue TOB VRDO | 1.320% | 11/7/19 | (2)LOC | 18,300 | | 18,300 |
| New Jersey Turnpike Authority Revenue | 5.000% | 7/1/22 | (Prere.) | 160 | | 176 |
2 | New Jersey Turnpike Authority Revenue PUT, 70% of 1M USD LIBOR + 0.460% | 1.882% | 1/1/21 | | 22,065 | | 22,087 |
1 | New Jersey Turnpike Authority Revenue TOB VRDO | 1.150% | 11/7/19 | LOC | 22,170 | | 22,170 |
1 | New Jersey Turnpike Authority Revenue TOB VRDO | 1.220% | 11/7/19 | (4) | 6,500 | | 6,500 |
1 | New Jersey Turnpike Authority Revenue TOB VRDO | 1.270% | 11/7/19 | | 8,335 | | 8,335 |
1 | New Jersey Turnpike Authority Revenue TOB VRDO | 1.270% | 11/7/19 | | 5,745 | | 5,745 |
1 | New Jersey Turnpike Authority Revenue TOB VRDO | 1.270% | 11/7/19 | | 6,000 | | 6,000 |
2 | New Jersey Turnpike Authority Revenue, 70% of 1M USD LIBOR + 0.340% | 1.762% | 1/1/21 | | 2,500 | | 2,502 |
2 | New Jersey Turnpike Authority Revenue, 70% of 1M USD LIBOR + 0.480% | 1.902% | 1/1/22 | | 3,495 | | 3,505 |
2 | New Jersey Turnpike Authority Revenue, 70% of 1M USD LIBOR + 0.480% | 1.902% | 1/1/22 | | 4,535 | | 4,548 |
| South Jersey Transportation Authority New Jersey Transportation System Revenue | 5.000% | 11/1/23 | | 250 | | 275 |
| Tobacco Settlement Financing Corp. New Jersey Revenue | 5.000% | 6/1/20 | | 2,000 | | 2,040 |
| Tobacco Settlement Financing Corp. New Jersey Revenue | 5.000% | 6/1/21 | | 2,285 | | 2,407 |
| Tobacco Settlement Financing Corp. New Jersey Revenue | 5.000% | 6/1/22 | | 3,270 | | 3,549 |
| Tobacco Settlement Financing Corp. New Jersey Revenue | 5.000% | 6/1/23 | | 3,025 | | 3,373 |
| | | | | | | 383,622 |
31
Short-Term Tax-Exempt Fund
| | | Coupon | | Maturity Date | | Face Amount ($000) | | Market Value· ($000 | ) |
New Mexico (0.3%) | | | | | | | | | |
| Albuquerque NM Municipal School District No. 12 GO | | 5.000% | | 8/1/20 | | 1,850 | | 1,903 | |
| Albuquerque NM Municipal School District No. 12 GO | | 5.000% | | 8/1/21 | | 1,200 | | 1,280 | |
| New Mexico Finance Authority Transportation Revenue | | 5.000% | | 6/15/21 | | 1,685 | | 1,788 | |
| New Mexico Finance Authority Transportation Revenue | | 5.000% | | 6/15/22 | | 9,800 | | 10,763 | |
| New Mexico Finance Authority Transportation Revenue | | 5.000% | | 6/15/22 | | 3,750 | | 4,118 | |
| New Mexico Finance Authority Transportation Revenue | | 5.000% | | 12/15/22 | | 3,395 | | 3,538 | |
| New Mexico Finance Authority Transportation Revenue | | 5.000% | | 6/15/23 | | 3,335 | | 3,783 | |
| New Mexico GO | | 5.000% | | 3/1/20 | | 7,000 | | 7,087 | |
| New Mexico GO | | 5.000% | | 3/1/21 | | 7,500 | | 7,879 | |
| New Mexico GO | | 5.000% | | 3/1/21 | | 5,000 | | 5,253 | |
| New Mexico Municipal Energy Acquisition Authority Gas Supply Revenue | | 4.000% | | 5/1/22 | | 1,160 | | 1,233 | |
| New Mexico Municipal Energy Acquisition Authority Gas Supply Revenue | | 4.000% | | 11/1/22 | | 1,000 | | 1,075 | |
| New Mexico Severance Tax Revenue | | 5.000% | | 7/1/21 | | 7,925 | | 8,426 | |
4 | Santa Fe NM Retirement Facilities Revenue (El Castillo Retirement Project) | | 2.250% | | 5/15/24 | | 300 | | 300 | |
| | | | | | | | | 58,426 | |
New York (15.3%) | | | | | | | | | |
4 | Albany County NY GO | | 5.000% | | 11/1/21 | | 1,000 | | 1,045 | |
4 | Albany County NY GO | | 5.000% | | 11/1/22 | | 950 | | 1,024 | |
4 | Albany County NY GO | | 5.000% | | 11/1/23 | | 750 | | 834 | |
4 | Albany County NY GO | | 5.000% | | 11/1/24 | | 800 | | 914 | |
| Brookhaven NY Local Development Corp. Revenue (Jefferson’s Ferry Project) | | 5.000% | | 11/1/19 | | 325 | | 325 | |
| Brookhaven NY Local Development Corp. Revenue (Jefferson’s Ferry Project) | | 5.000% | | 11/1/20 | | 650 | | 671 | |
| Brookhaven NY Local Development Corp. Revenue (Jefferson’s Ferry Project) | | 5.000% | | 11/1/21 | | 500 | | 530 | |
| Brooklyn NY Local Development Corp. PILOT Revenue (Brooklyn Events Center) | | 5.000% | | 7/15/20 | | 970 | | 994 | |
| Buffalo & Erie County NY Industrial Land Development Corp. Revenue | | 5.000% | | 11/15/19 | | 680 | | 681 | |
1 | City of New York NY GO TOB VRDO | | 1.150% | | 11/7/19 | | 7,500 | | 7,500 | |
| Copiague NY Union Free School District GO | | 2.000% | | 6/25/20 | | 12,500 | | 12,562 | |
| Elwood NY Union Free School District TAN | | 2.000% | | 6/26/20 | | 6,750 | | 6,785 | |
1 | Erie County NY Industrial Development Agency School Facility Revenue (Buffalo City School District Project) TOB VRDO | | 1.150% | | 11/7/19 | | 6,035 | | 6,035 | |
| Geneva NY BAN | | 2.500% | | 5/7/20 | | 10,422 | | 10,484 | |
1 | Hudson Yards Infrastructure Corp. New York Revenue TOB VRDO | | 1.170% | | 11/7/19 | LOC | 6,065 | | 6,065 | |
| Long Island NY Power Authority Electric System Revenue | | 5.000% | | 9/1/21 | | 1,000 | | 1,070 | |
| Long Island NY Power Authority Electric System Revenue PUT | | 1.650% | | 9/1/24 | | 25,000 | | 25,054 | |
2 | Metropolitan Transportation Authority New York PUT, 67% of 1M USD LIBOR + 0.650% | | 2.011% | | 7/1/21 | | 23,945 | | 24,034 | |
| Metropolitan Transportation Authority New York BAN | | 4.000% | | 9/1/20 | | 25,295 | | 25,839 | |
| Metropolitan Transportation Authority New York BAN | | 5.000% | | 9/1/20 | | 4,825 | | 4,968 | |
| Metropolitan Transportation Authority New York BAN | | 5.000% | | 5/15/21 | | 18,500 | | 19,488 | |
| Metropolitan Transportation Authority New York BAN | | 5.000% | | 5/15/21 | | 41,250 | | 43,452 | |
| Metropolitan Transportation Authority New York BAN | | 5.000% | | 9/1/21 | | 51,800 | | 55,099 | |
| Metropolitan Transportation Authority New York BAN | | 5.000% | | 5/15/22 | | 52,500 | | 57,031 | |
| Metropolitan Transportation Authority New York BAN | | 5.000% | | 5/15/21 | | 5,000 | | 5,267 | |
2 | Metropolitan Transportation Authority New York Revenue PUT, 69% of 1M USD LIBOR + 0.300% | | 1.702% | | 4/1/21 | (4) | 33,375 | | 33,378 | |
2 | Metropolitan Transportation Authority New York Revenue PUT, SIFMA Municipal Swap Index Yield + 0.500% | | 1.620% | | 3/1/22 | | 14,125 | | 14,126 | |
1 | Metropolitan Transportation Authority New York Revenue TOB VRDO | | 1.180% | | 11/7/19 | (4) | 8,000 | | 8,000 | |
1 | Metropolitan Transportation Authority New York Revenue TOB VRDO | | 1.270% | | 11/7/19 | | 8,000 | | 8,000 | |
| Metropolitan Transportation Authority New York Revenue VRDO | | 1.280% | | 11/1/19 | LOC | 25,000 | | 25,000 | |
4 | Metropolitan Transportation Authority New York Revenue VRDO | | 5.000% | | 11/15/24 | | 17,000 | | 19,739 | |
| Nassau County NY GO | | 5.000% | | 7/1/21 | (4) | 430 | | 458 | |
| Nassau County NY GO | | 5.000% | | 7/1/23 | (4) | 2,000 | | 2,275 | |
| Nassau County NY Local Economic Assistance & Financing Corp. Revenue (Catholic Health Services) | | 5.000% | | 7/1/20 | | 9,390 | | 9,606 | |
| New York City NY GO | | 1.770% | | 11/1/19 | (12) | 7,675 | | 7,675 | |
| New York City NY GO | | 1.500% | | 11/5/19 | (4) | 10,075 | | 10,075 | |
| New York City NY GO | | 1.400% | | 11/6/19 | (4) | 21,100 | | 21,100 | |
| New York City NY GO | | 1.690% | | 11/7/19 | (4) | 35,525 | | 35,525 | |
| New York City NY GO | | 1.700% | | 11/8/19 | (4) | 2,575 | | 2,575 | |
| New York City NY GO | | 1.810% | | 11/4/19 | (12) | 36,175 | | 36,175 | |
| New York City NY GO | | 5.000% | | 8/1/20 | | 8,410 | | 8,650 | |
| New York City NY GO | | 5.000% | | 8/1/21 | | 12,180 | | 12,984 | |
| New York City NY GO | | 5.000% | | 8/1/21 | | 1,095 | | 1,167 | |
| New York City NY GO | | 5.000% | | 8/1/21 | | 13,965 | | 14,887 | |
| New York City NY GO | | 5.000% | | 8/1/21 | | 1,000 | | 1,066 | |
| New York City NY GO | | 5.000% | | 8/1/21 | | 5,700 | | 6,076 | |
| New York City NY GO | | 5.000% | | 4/1/22 | | 1,990 | | 2,172 | |
| New York City NY GO | | 5.000% | | 8/1/22 | | 5,365 | | 5,728 | |
| New York City NY GO | | 5.000% | | 8/1/22 | | 39,950 | | 44,082 | |
| New York City NY GO | | 5.000% | | 8/1/22 | | 3,000 | | 3,310 | |
32
Short-Term Tax-Exempt Fund
| | | Coupon | | Maturity Date | | Face Amount ($000) | | Market Value· ($000 | ) |
| New York City NY GO | | 5.000% | | 8/1/22 | | 9,285 | | 10,245 | |
| New York City NY GO | | 5.000% | | 8/1/22 | | 13,085 | | 14,438 | |
| New York City NY GO | | 5.000% | | 8/1/22 | | 30,000 | | 33,103 | |
| New York City NY GO | | 5.000% | | 8/1/22 | | 17,000 | | 18,758 | |
| New York City NY GO | | 5.000% | | 8/1/23 | | 1,600 | | 1,822 | |
| New York City NY GO | | 5.000% | | 8/1/23 | | 4,770 | | 5,263 | |
| New York City NY GO | | 5.000% | | 8/1/23 | | 2,000 | | 2,133 | |
1 | New York City NY GO TOB VRDO | | 1.370% | | 11/1/19 | LOC | 1,565 | | 1,565 | |
| New York City NY GO VRDO | | 1.380% | | 11/1/19 | | 10,000 | | 10,000 | |
| New York City NY Housing Development Corp. Multi-Family Housing Revenue | | 1.900% | | 5/1/21 | | 5,000 | | 5,002 | |
| New York City NY Housing Development Corp. Multi-Family Housing Revenue | | 1.700% | | 7/1/21 | | 5,850 | | 5,851 | |
| New York City NY Housing Development Corp. Multi-Family Housing Revenue | | 2.200% | | 11/1/21 | | 3,660 | | 3,690 | |
| New York City NY Housing Development Corp. Multi-Family Housing Revenue | | 2.350% | | 7/1/22 | | 17,250 | | 17,468 | |
| New York City NY Housing Development Corp. Multi-Family Housing Revenue (Sustainable Neighborhood) | | 2.350% | | 7/1/22 | | 3,815 | | 3,865 | |
| New York City NY Housing Development Corp. Multi-Family Housing Revenue (Sustainable Neighborhood) PUT | | 1.750% | | 7/3/23 | | 11,125 | | 11,165 | |
| New York City NY Housing Development Corp. Multi-Family Housing Revenue (Sustainable Neighborhood) PUT | | 2.100% | | 7/3/23 | | 1,750 | | 1,771 | |
| New York City NY Housing Development Corp. Multi-Family Housing Revenue (Sustainable Neighborhood) PUT | | 2.750% | | 12/29/23 | | 42,500 | | 44,165 | |
| New York City NY Housing Development Corp. Multi-Family Housing Revenue (Sustainable Neighborhood) PUT | | 2.750% | | 12/29/23 | | 3,950 | | 4,105 | |
| New York City NY Housing Development Corp. Sustainable Neighborhood Revenue | | 1.375% | | 5/1/20 | | 5,750 | | 5,751 | |
| New York City NY Housing Development Corp. Sustainable Neighborhood Revenue PUT | | 1.450% | | 4/29/20 | | 3,215 | | 3,215 | |
| New York City NY Housing Development Corp. Sustainable Neighborhood Revenue PUT | | 2.000% | | 12/31/21 | | 7,750 | | 7,784 | |
1 | New York City NY Municipal Water Finance Authority Water & Sewer System Revenue TOB VRDO | | 1.150% | | 11/7/19 | | 6,440 | | 6,440 | |
1 | New York City NY Municipal Water Finance Authority Water & Sewer System Revenue TOB VRDO | | 1.150% | | 11/7/19 | | 36,940 | | 36,940 | |
1 | New York City NY Municipal Water Finance Authority Water & Sewer System Revenue TOB VRDO | | 1.150% | | 11/7/19 | | 14,700 | | 14,700 | |
1 | New York City NY Municipal Water Finance Authority Water & Sewer System Revenue TOB VRDO | | 1.150% | | 11/7/19 | | 5,000 | | 5,000 | |
1 | New York City NY Municipal Water Finance Authority Water & Sewer System Revenue TOB VRDO | | 1.150% | | 11/7/19 | | 4,500 | | 4,500 | |
| New York City NY Municipal Water Finance Authority Water & Sewer System Revenue VRDO | | 1.100% | | 11/7/19 | | 9,755 | | 9,755 | |
1 | New York City NY Municipal Water Finance Authority Water & Sewer System Revenue TOB VRDO | | 1.150% | | 11/7/19 | | 8,040 | | 8,040 | |
| New York City NY Transitional Finance Authority Future Tax Revenue | | 1.390% | | 11/7/19 | (4) | 600 | | 600 | |
| New York City NY Transitional Finance Authority Future Tax Revenue | | 1.840% | | 11/8/19 | (4) | 59,425 | | 59,425 | |
| New York City NY Transitional Finance Authority Future Tax Revenue | | 5.000% | | 11/1/20 | | 6,825 | | 7,085 | |
| New York City NY Transitional Finance Authority Future Tax Revenue | | 5.000% | | 8/1/22 | | 1,680 | | 1,855 | |
1 | New York City NY Transitional Finance Authority Future Tax Revenue TOB VRDO | | 1.130% | | 11/7/19 | | 6,335 | | 6,335 | |
1 | New York City NY Transitional Finance Authority Future Tax Revenue TOB VRDO | | 1.150% | | 11/7/19 | LOC | 15,000 | | 15,000 | |
| New York City NY Transitional Finance Authority Future Tax Secured Revenue | | 5.000% | | 11/1/22 | | 5,000 | | 5,380 | |
1 | New York City NY Transitional Finance Authority Future Tax Secured Revenue TOB VRDO | | 1.150% | | 11/7/19 | | 9,750 | | 9,750 | |
| New York City NY Transitional Finance Authority Revenue | | 5.000% | | 8/1/22 | | 28,620 | | 31,605 | |
| New York City NY Transitional Finance Authority Revenue | | 5.000% | | 5/1/23 | | 28,715 | | 32,519 | |
| New York City NY Transitional Finance Authority Future Tax Secured Revenue | | 5.000% | | 8/1/22 | | 15,600 | | 17,227 | |
1 | New York City NY Transitional Finance Authority Future Tax Secured Revenue TOB VRDO | | 1.140% | | 11/7/19 | | 18,820 | | 18,820 | |
1 | New York City NY Transitional Finance Authority Future Tax Secured Revenue TOB VRDO | | 1.150% | | 11/7/19 | | 8,000 | | 8,000 | |
1 | New York City NY Transitional Finance Authority Future Tax Secured Revenue TOB VRDO | | 1.150% | | 11/7/19 | | 1,000 | | 1,000 | |
1 | New York Convention Center Development Corp. Revenue TOB VRDO | | 1.270% | | 11/7/19 | | 1,770 | | 1,770 | |
1 | New York Convention Center Development Corp. Revenue TOB VRDO | | 1.270% | | 11/7/19 | | 10,400 | | 10,400 | |
1 | New York Liberty Development Corp. Revenue (Bank of America Tower at One Bryant Park Project) TOB VRDO | | 1.150% | | 11/7/19 | | 38,000 | | 38,000 | |
1 | New York Liberty Development Corp. Revenue (Goldman Sachs Headquarters) TOB VRDO | | 1.420% | | 11/7/19 | | 7,500 | | 7,500 | |
1 | New York Liberty Development Corp. Revenue (Port Authority Consolidated Bonds) TOB VRDO | | 1.170% | | 11/7/19 | | 37,805 | | 37,805 | |
1 | New York Liberty Development Corp. Revenue (Port Authority Consolidated Bonds) TOB VRDO | | 1.170% | | 11/7/19 | | 27,435 | | 27,435 | |
1 | New York Liberty Development Corp. Revenue TOB VRDO | | 1.200% | | 11/7/19 | | 18,330 | | 18,330 | |
| New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) | | 5.000% | | 3/1/22 | | 75,240 | | 81,693 | |
2 | New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) PUT, SIFMA Municipal Swap Index Yield + 0.450% | | 1.570% | | 6/1/22 | | 430 | | 429 | |
1 | New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) TOB VRDO | | 1.140% | | 11/7/19 | | 12,800 | | 12,800 | |
1 | New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) TOB VRDO | | 1.150% | | 11/7/19 | | 3,750 | | 3,750 | |
1 | New York Metropolitan Transportation Authority Revenue (Transit Revenue) TOB VRDO | | 1.170% | | 11/7/19 | | 11,250 | | 11,250 | |
1 | New York Metropolitan Transportation Authority Revenue (Transit Revenue) TOB VRDO | | 1.180% | | 11/7/19 | LOC | 13,955 | | 13,955 | |
| New York Metropolitan Transportation Authority Revenue PUT | | 4.000% | | 11/15/19 | | 4,275 | | 4,278 | |
| New York Metropolitan Transportation Authority Revenue PUT | | 5.000% | | 2/15/20 | | 64,175 | | 64,808 | |
| New York Metropolitan Transportation Authority Revenue PUT | | 4.000% | | 11/15/20 | | 3,205 | | 3,268 | |
33
Short-Term Tax-Exempt Fund
| | | Coupon | | Maturity Date | | Face Amount ($000) | | Market Value· ($000 | ) |
| New York Metropolitan Transportation Authority Revenue PUT | | 5.000% | | 11/15/20 | | 50,050 | | 51,861 | |
2 | New York Metropolitan Transportation Authority Revenue PUT, 67% of 1M USD LIBOR + 0.650% | | 2.011% | | 7/1/21 | | 4,415 | | 4,431 | |
2 | New York Metropolitan Transportation Authority Revenue PUT, 67% of 1M USD LIBOR + 0.700% | | 2.061% | | 2/1/20 | | 9,500 | | 9,516 | |
2 | New York Metropolitan Transportation Authority Revenue PUT, 69% of 1M USD LIBOR + 0.570% | | 1.972% | | 4/6/20 | (4) | 7,000 | | 7,015 | |
2 | New York Metropolitan Transportation Authority Revenue PUT, 69% of 1M USD LIBOR + 0.680% | | 2.082% | | 4/6/21 | (4) | 350 | | 352 | |
2 | New York Metropolitan Transportation Authority Revenue PUT, SIFMA Municipal Swap Index Yield + 0.450% | | 1.570% | | 11/15/22 | | 10,000 | | 9,979 | |
2 | New York Metropolitan Transportation Authority Revenue PUT, SIFMA Municipal Swap Index Yield + 0.580% | | 1.700% | | 6/1/20 | | 89,525 | | 89,546 | |
1 | New York Metropolitan Transportation Authority Revenue TOB VRDO | | 1.200% | | 11/7/19 | | 12,500 | | 12,500 | |
1 | New York Metropolitan Transportation Authority Revenue TOB VRDO | | 1.200% | | 11/7/19 | | 10,605 | | 10,605 | |
| New York Metropolitan Transportation Authority Revenue VRDO | | 1.140% | | 11/7/19 | LOC | 12,915 | | 12,915 | |
| New York NY GO | | 1.740% | | 11/6/19 | (4) | 11,225 | | 11,225 | |
| New York NY GO | | 5.000% | | 8/1/20 | | 12,500 | | 12,857 | |
| New York NY GO | | 4.000% | | 1/1/21 | | 1,500 | | 1,549 | |
| New York NY GO | | 4.000% | | 8/1/21 | | 3,050 | | 3,199 | |
| New York NY GO | | 5.000% | | 8/1/21 | | 31,040 | | 33,089 | |
| New York NY GO | | 5.000% | | 4/1/25 | | 4,300 | | 4,686 | |
1 | New York State Dormitory Authority Lease Revenue (State University Dormitory Facilities) TOB VRDO | | 1.140% | | 11/7/19 | | 5,820 | | 5,820 | |
| New York State Dormitory Authority Revenue | | 5.000% | | 3/15/21 | | 50,000 | | 52,618 | |
| New York State Dormitory Authority Revenue | | 5.000% | | 3/15/22 | | 50,000 | | 54,519 | |
| New York State Dormitory Authority Revenue (Columbia University) | | 5.000% | | 10/1/20 | | 1,125 | | 1,166 | |
| New York State Dormitory Authority Revenue (Orange Regional Medical Center Obligated Group) | | 4.000% | | 12/1/19 | | 1,500 | | 1,503 | |
| New York State Dormitory Authority Revenue (Personal Income Tax) | | 5.000% | | 2/15/21 | | 12,805 | | 13,435 | |
| New York State Dormitory Authority Revenue (Personal Income Tax) | | 5.000% | | 2/15/21 | | 8,140 | | 8,540 | |
| New York State Dormitory Authority Revenue (Personal Income Tax) | | 5.000% | | 2/15/21 | | 10,130 | | 10,628 | |
| New York State Dormitory Authority Revenue (Personal Income Tax) | | 5.000% | | 2/15/21 | | 63,405 | | 66,523 | |
| New York State Dormitory Authority Revenue (Personal Income Tax) | | 5.000% | | 2/15/22 | | 50,000 | | 54,364 | |
| New York State Dormitory Authority Revenue (Personal Income Tax) | | 5.000% | | 3/15/22 | | 5,000 | | 5,452 | |
| New York State Dormitory Authority Revenue (Personal Income Tax) | | 5.000% | | 3/15/22 | | 8,500 | | 9,268 | |
| New York State Dormitory Authority Revenue (Personal Income Tax) | | 5.000% | | 12/15/22 | | 5,445 | | 6,087 | |
| New York State Dormitory Authority Revenue (Personal Income Tax) | | 5.000% | | 2/15/23 | | 4,750 | | 5,339 | |
| New York State Dormitory Authority Revenue (Personal Income Tax) | | 5.000% | | 2/15/23 | | 2,840 | | 3,088 | |
| New York State Dormitory Authority Revenue (Personal Income Tax) | | 5.000% | | 3/15/23 | | 39,010 | | 43,968 | |
| New York State Dormitory Authority Revenue (Personal Income Tax) VRDO | | 1.170% | | 11/7/19 | | 15,650 | | 15,650 | |
| New York State Dormitory Authority Revenue (Yeshiva University) | | 5.000% | | 11/1/19 | (ETM) | 600 | | 600 | |
1 | New York State Dormitory Authority Sales Tax Revenue TOB VRDO | | 1.140% | | 11/7/19 | | 17,880 | | 17,880 | |
1 | New York State Dormitory Authority Sales Tax Revenue TOB VRDO | | 1.140% | | 11/7/19 | | 11,200 | | 11,200 | |
1 | New York State Dormitory Authority Sales Tax Revenue TOB VRDO | | 1.140% | | 11/8/19 | | 7,500 | | 7,500 | |
1 | New York State Dormitory Authority Sales Tax Revenue TOB VRDO | | 1.150% | | 11/8/19 | | 7,500 | | 7,500 | |
1 | New York State Environmental Facilities Corp. Revenue (State Clean Water & Drinking Water Revolving Funds) TOB VRDO | | 1.130% | | 11/7/19 | | 7,500 | | 7,500 | |
1 | New York State Environmental Facilities Corp. Revenue (State Clean Water & Drinking Water Revolving Funds) TOB VRDO | | 1.150% | | 11/7/19 | | 3,600 | | 3,600 | |
| New York State Housing Finance Agency Affordable Housing Revenue | | 1.800% | | 5/1/20 | | 1,620 | | 1,624 | |
| New York State Housing Finance Agency Affordable Housing Revenue | | 1.500% | | 5/1/21 | | 2,950 | | 2,955 | |
| New York State Housing Finance Agency Affordable Housing Revenue | | 1.500% | | 5/1/21 | | 3,570 | | 3,576 | |
| New York State Housing Finance Agency Affordable Housing Revenue | | 1.900% | | 5/1/21 | | 14,210 | | 14,213 | |
| New York State Housing Finance Agency Affordable Housing Revenue | | 2.000% | | 5/1/21 | | 2,510 | | 2,530 | |
| New York State Housing Finance Agency Affordable Housing Revenue | | 2.000% | | 5/1/21 | | 1,755 | | 1,769 | |
| New York State Housing Finance Agency Affordable Housing Revenue | | 2.000% | | 5/1/21 | | 5,000 | | 5,039 | |
| New York State Housing Finance Agency Affordable Housing Revenue | | 2.000% | | 5/1/21 | | 1,300 | | 1,310 | |
| New York State Housing Finance Agency Affordable Housing Revenue | | 1.950% | | 5/1/22 | | 4,000 | | 4,025 | |
| New York State Housing Finance Agency Affordable Housing Revenue | | 2.500% | | 5/1/22 | | 4,220 | | 4,247 | |
| New York State Housing Finance Agency Affordable Housing Revenue | | 2.550% | | 11/1/22 | | 3,040 | | 3,069 | |
| New York State Housing Finance Agency Affordable Housing Revenue | | 2.050% | | 5/1/23 | | 3,125 | | 3,148 | |
| New York State Housing Finance Agency Affordable Housing Revenue | | 2.100% | | 5/1/23 | | 1,000 | | 1,006 | |
| New York State Housing Finance Agency Affordable Housing Revenue | | 2.650% | | 5/1/23 | | 6,140 | | 6,238 | |
| New York State Housing Finance Agency Affordable Housing Revenue | | 2.125% | | 11/1/23 | | 1,250 | | 1,263 | |
| New York State Housing Finance Agency Affordable Housing Revenue | | 2.700% | | 11/1/23 | | 2,500 | | 2,584 | |
| New York State Housing Finance Agency Affordable Housing Revenue PUT | | 1.800% | | 5/1/20 | | 2,400 | | 2,400 | |
| New York State Housing Finance Agency Affordable Housing Revenue PUT | | 1.875% | | 11/1/21 | | 1,625 | | 1,627 | |
| New York State Housing Finance Agency Housing Revenue | | 1.375% | | 11/1/19 | | 2,000 | | 2,000 | |
| New York State Housing Finance Agency Housing Revenue | | 1.600% | | 5/1/21 | | 3,900 | | 3,901 | |
| New York State Housing Finance Agency Housing Revenue | | 1.650% | | 11/1/21 | | 8,500 | | 8,531 | |
| New York State Housing Finance Agency Housing Revenue | | 1.650% | | 11/1/21 | | 9,005 | | 9,037 | |
34
Short-Term Tax-Exempt Fund
| | | Coupon | | Maturity Date | | Face Amount ($000) | | Market Value· ($000 | ) |
| New York State Housing Finance Agency Housing Revenue | | 2.300% | | 5/1/22 | | 4,500 | | 4,563 | |
| New York State Housing Finance Agency Housing Revenue | | 2.650% | | 5/1/22 | | 6,865 | | 6,900 | |
| New York State Housing Finance Agency Housing Revenue | | 2.750% | | 11/1/22 | | 8,565 | | 8,602 | |
| New York State Housing Finance Agency Housing Revenue (20 River Terrace Housing) VRDO | | 1.130% | | 11/7/19 | LOC | 16,100 | | 16,100 | |
| New York State Housing Finance Agency Revenue | | 1.100% | | 11/1/19 | | 1,000 | | 1,000 | |
| New York State Housing Finance Agency Revenue | | 1.250% | | 5/1/20 | | 7,500 | | 7,497 | |
| New York State Housing Finance Agency Revenue | | 1.375% | | 11/1/22 | | 1,875 | | 1,871 | |
4 | New York State Housing Finance Agency Revenue | | 1.450% | | 5/1/23 | | 2,500 | | 2,501 | |
4 | New York State Housing Finance Agency Revenue | | 1.450% | | 5/1/23 | | 1,150 | | 1,150 | |
| New York State Housing Finance Agency Revenue | | 1.450% | | 5/1/23 | | 7,500 | | 7,513 | |
| New York State Housing Finance Agency Revenue | | 1.625% | | 5/1/23 | | 3,650 | | 3,656 | |
4 | New York State Housing Finance Agency Revenue | | 1.500% | | 11/1/23 | | 1,250 | | 1,250 | |
4 | New York State Housing Finance Agency Revenue | | 1.550% | | 5/1/24 | | 2,250 | | 2,251 | |
1 | New York State Thruway Authority Personal Income Tax Revenue TOB VRDO | | 1.140% | | 11/7/19 | | 9,000 | | 9,000 | |
| New York State Thruway Authority Revenue (Personal Income Tax) | | 5.000% | | 3/15/22 | | 4,335 | | 4,565 | |
1 | New York State Thruway Authority Revenue TOB VRDO | | 1.150% | | 11/7/19 | | 13,000 | | 13,000 | |
| New York State Urban Development Corp. Revenue (Personal Income Tax) | | 5.000% | | 3/15/21 | | 19,195 | | 20,200 | |
| New York State Urban Development Corp. Revenue (Personal Income Tax) | | 5.000% | | 3/15/21 | | 12,860 | | 13,533 | |
1 | New York State Urban Development Corp. Revenue (Personal Income Tax) TOB VRDO | | 1.140% | | 11/7/19 | | 10,000 | | 10,000 | |
1 | New York State Urban Development Corp. Revenue (Personal Income Tax) TOB VRDO | | 1.140% | | 11/7/19 | | 7,455 | | 7,455 | |
1 | New York State Urban Development Corp. Revenue TOB VRDO | | 1.150% | | 11/7/19 | | 4,860 | | 4,860 | |
1 | New York Urban Development Corp. Revenue TOB VRDO | | 1.140% | | 11/7/19 | | 7,500 | | 7,500 | |
1 | Nuveen New York AMT-Free Quality Municipal Income Fund VRDP VRDO | | 1.170% | | 11/7/19 | LOC | 43,800 | | 43,800 | |
1 | Nuveen New York AMT-Free Quality Municipal Income Fund VRDP VRDO | | 1.200% | | 11/7/19 | LOC | 23,500 | | 23,500 | |
| Schenectady NY BAN | | 2.500% | | 5/8/20 | | 9,560 | | 9,618 | |
| Suffolk County NY GO | | 5.000% | | 4/1/20 | (15) | 1,790 | | 1,817 | |
| Suffolk County NY GO | | 5.000% | | 4/1/21 | (15) | 2,565 | | 2,696 | |
| Suffolk County NY GO | | 4.000% | | 10/15/21 | (4) | 2,035 | | 2,140 | |
| Suffolk County NY GO | | 5.000% | | 4/1/22 | (15) | 3,005 | | 3,266 | |
| Suffolk County NY GO | | 4.000% | | 10/15/22 | (4) | 6,680 | | 7,192 | |
| Suffolk County NY GO | | 4.000% | | 10/15/23 | (4) | 4,555 | | 5,009 | |
| Suffolk County NY GO | | 4.000% | | 2/1/24 | (4) | 4,315 | | 4,774 | |
| Tobacco Settlement Financing Corp. New York Revenue | | 5.000% | | 6/1/20 | | 5,905 | | 6,026 | |
| Tobacco Settlement Financing Corp. New York Revenue | | 5.000% | | 6/1/20 | | 1,775 | | 1,803 | |
| Tobacco Settlement Financing Corp. New York Revenue | | 5.000% | | 6/1/21 | | 4,435 | | 4,681 | |
| Tobacco Settlement Financing Corp. New York Revenue | | 5.000% | | 6/1/21 | | 1,500 | | 1,556 | |
| Tobacco Settlement Financing Corp. New York Revenue | | 5.000% | | 6/1/22 | | 1,575 | | 1,715 | |
| Triborough Bridge & Tunnel Authority New York Revenue | | 5.500% | | 1/1/22 | (Prere.) | 5,270 | | 5,754 | |
2 | Triborough Bridge & Tunnel Authority New York Revenue PUT, 67% of 1M USD LIBOR + 0.350% | | 1.711% | | 12/3/19 | | 2,875 | | 2,875 | |
2 | Triborough Bridge & Tunnel Authority New York Revenue PUT, 67% of SOFR + 0.500% | | 1.713% | | 10/1/20 | | 5,000 | | 5,028 | |
2 | Triborough Bridge & Tunnel Authority Revenue PUT, 67% of 1M USD LIBOR + 0.500% | | 1.861% | | 11/15/21 | | 5,485 | | 5,478 | |
| Valley Stream NY Union Free School District No. 13 GO | | 2.000% | | 9/4/20 | | 7,500 | | 7,543 | |
| Westchester County NY GO | | 5.000% | | 1/1/21 | | 1,570 | | 1,643 | |
| Westchester County NY Health Care Corp. Revenue | | 5.125% | | 11/1/20 | | 850 | | 879 | |
| | | | | | | | | 2,579,111 | |
North Carolina (1.6%) | | | | | | | | | |
| Cape Fear NC Public Utility Authority Water & Sewer System Revenue | | 5.000% | | 8/1/20 | | 3,345 | | 3,440 | |
| Charlotte NC GO | | 5.000% | | 7/1/22 | | 3,725 | | 4,102 | |
| Charlotte NC GO | | 5.000% | | 6/1/23 | | 4,665 | | 5,294 | |
| Charlotte NC GO | | 5.000% | | 6/1/24 | | 2,500 | | 2,926 | |
| Charlotte NC Water & Sewer System Revenue | | 5.000% | | 12/1/19 | | 1,360 | | 1,364 | |
| Charlotte NC Water & Sewer System Revenue | | 5.000% | | 7/1/21 | | 2,310 | | 2,369 | |
| Charlotte NC Water & Sewer System Revenue | | 5.000% | | 7/1/22 | | 1,390 | | 1,531 | |
| Charlotte NC Water & Sewer System Revenue | | 5.000% | | 7/1/23 | | 1,045 | | 1,189 | |
| Charlotte NC Water & Sewer System Revenue | | 5.000% | | 7/1/23 | | 2,000 | | 2,051 | |
| Charlotte-Mecklenburg NC Hospital Authority Health Care System Revenue (Carolinas HealthCare System) PUT | | 5.000% | | 3/1/22 | | 13,000 | | 14,071 | |
2 | Charlotte-Mecklenburg NC Hospital Authority Health Care System Revenue (Carolinas HealthCare System) PUT, SIFMA Municipal Swap Index Yield + 0.450% | | 1.570% | | 12/1/21 | | 21,000 | | 20,973 | |
1 | Charlotte-Mecklenburg NC Hospital Authority Health Care System Revenue (Carolinas HealthCare System) TOB VRDO | | 1.150% | | 11/7/19 | | 10,805 | | 10,805 | |
| Columbus County NC Industrial Facilities & Pollution Control Financing Authority Revenue (International Paper Co.) PUT | | 2.000% | | 10/1/24 | | 825 | | 835 | |
| Columbus County NC Industrial Facilities & Pollution Control Financing Authority Revenue (International Paper Co.) PUT | | 2.000% | | 10/1/24 | | 850 | | 860 | |
| East Carolina University North Carolina Revenue | | 5.000% | | 10/1/20 | | 3,660 | | 3,788 | |
| Fayetteville NC Metropolitan Housing Authority Revenue PUT | | 1.950% | | 1/1/21 | | 2,965 | | 2,983 | |
| Fayetteville NC Public Works Commission Revenue | | 5.000% | | 3/1/21 | | 1,000 | | 1,051 | |
| Greensboro NC Combined Enterprise System Revenue | | 5.250% | | 6/1/21 | | 4,370 | | 4,652 | |
| Guilford County NC GO | | 5.000% | | 2/1/21 | | 1,200 | | 1,257 | |
35
Short-Term Tax-Exempt Fund
| | | Coupon | | Maturity Date | | Face Amount ($000) | | Market Value· ($000 | ) |
| Mecklenburg County NC GO | | 5.000% | | 3/1/22 | | 1,000 | | 1,089 | |
| New Hanover County NC Hospital Revenue (New Hanover Regional Medical Center Project) | | 5.000% | | 10/1/20 | | 1,000 | | 1,029 | |
| New Hanover County NC Hospital Revenue (New Hanover Regional Medical Center Project) | | 5.000% | | 10/1/21 | | 1,000 | | 1,058 | |
| North Carolina Capital Facilities Finance Agency Solid Waste Disposal Revenue (Republic Services, Inc. Project) PUT | | 1.300% | | 12/3/19 | | 21,500 | | 21,502 | |
| North Carolina GAN | | 5.000% | | 3/1/21 | | 4,250 | | 4,462 | |
| North Carolina GAN | | 5.000% | | 3/1/22 | | 3,770 | | 4,098 | |
| North Carolina GO | | 5.000% | | 6/1/20 | | 2,840 | | 2,903 | |
| North Carolina GO | | 5.000% | | 6/1/21 | | 1,000 | | 1,061 | |
| North Carolina GO | | 5.000% | | 6/1/21 | | 17,915 | | 19,003 | |
| North Carolina GO | | 4.000% | | 5/1/22 | | 10,000 | | 10,706 | |
| North Carolina GO | | 4.000% | | 6/1/22 | | 3,240 | | 3,476 | |
| North Carolina Medical Care Commission Health Care Facilities Revenue (Novant Health Obligated Group) VRDO | | 1.130% | | 11/7/19 | | 15,000 | | 15,000 | |
| North Carolina Medical Care Commission Health Care Facilities Revenue (Wake Forest Baptist Obligated Group) PUT | | 2.200% | | 12/1/22 | | 13,500 | | 13,686 | |
2 | North Carolina Medical Care Commission Hospital Revenue (Moses Cone Health System) PUT, SIFMA Municipal Swap Index Yield + 0.350% | | 1.470% | | 5/28/20 | | 10,995 | | 10,995 | |
| North Carolina Medical Care Commission Hospital Revenue (North Carolina Baptist Hospital) | | 5.000% | | 6/1/20 | | 2,080 | | 2,125 | |
| North Carolina Medical Care Commission Retirement Facilities Revenue (Moravian Home Inc.) | | 3.550% | | 10/1/24 | | 500 | | 502 | |
| North Carolina Medical Care Commission Retirement Facilities Revenue (Southminster Inc.) | | 5.000% | | 10/1/20 | | 670 | | 687 | |
| North Carolina Medical Care Commission Retirement Facilities Revenue (United Methodist Retirement Homes Inc.) | | 5.000% | | 10/1/20 | | 310 | | 320 | |
| North Carolina Medical Care Commission Retirement Facilities Revenue (United Methodist Retirement Homes Inc.) | | 5.000% | | 10/1/21 | | 275 | | 293 | |
| North Carolina Medical Care Commission Retirement Facilities Revenue (United Methodist Retirement Homes Inc.) | | 5.000% | | 10/1/22 | | 350 | | 384 | |
| North Carolina Revenue | | 5.000% | | 5/1/22 | | 5,380 | | 5,887 | |
| North Carolina Revenue | | 5.000% | | 5/1/23 | | 15,145 | | 17,118 | |
| North Carolina Turnpike Authority Revenue | | 5.000% | | 1/1/20 | | 650 | | 654 | |
| North Carolina Turnpike Authority Revenue | | 5.000% | | 1/1/21 | | 700 | | 728 | |
| North Carolina Turnpike Authority Revenue | | 5.000% | | 1/1/22 | | 500 | | 537 | |
| Raleigh NC GO | | 5.000% | | 9/1/22 | | 2,000 | | 2,216 | |
| Sanford NC Enterprise System Revenue | | 5.000% | | 6/1/21 | | 445 | | 472 | |
| Sanford NC Enterprise System Revenue | | 5.000% | | 6/1/22 | | 300 | | 329 | |
| Sanford NC Enterprise System Revenue | | 5.000% | | 6/1/23 | | 250 | | 283 | |
| Union County NC Enterprise System Revenue | | 5.000% | | 6/1/21 | | 765 | | 811 | |
| Union County NC Enterprise System Revenue | | 5.000% | | 6/1/22 | | 565 | | 620 | |
| Union County NC GO | | 5.000% | | 9/1/20 | | 1,430 | | 1,475 | |
| Union County NC GO | | 5.000% | | 9/1/21 | | 1,200 | | 1,284 | |
| Wake County NC GO | | 5.000% | | 3/1/21 | | 1,645 | | 1,728 | |
| Wake County NC GO | | 5.000% | | 3/1/21 | | 2,395 | | 2,516 | |
| Wake County NC GO | | 5.000% | | 3/1/21 | | 2,385 | | 2,506 | |
| Wake County NC GO | | 5.000% | | 4/1/21 | | 2,400 | | 2,529 | |
| Wake County NC GO | | 5.000% | | 3/1/22 | | 8,200 | | 8,927 | |
| Wake County NC GO | | 5.000% | | 3/1/23 | | 5,000 | | 5,628 | |
| Wake County NC Limited Obligation Revenue | | 5.000% | | 9/1/22 | | 4,250 | | 4,701 | |
| Wake County NC Limited Obligation Revenue | | 5.000% | | 9/1/23 | | 6,000 | | 6,846 | |
| Wake County NC Public Improvement GO | | 5.000% | | 9/1/21 | | 1,505 | | 1,610 | |
| | | | | | | | | 269,325 | |
North Dakota (0.0%) | | | | | | | | | |
| Grand Forks ND Health Care System Revenue (Altru Health System Obligated Group) | | 5.000% | | 12/1/19 | | 150 | | 150 | |
| Grand Forks ND Health Care System Revenue (Altru Health System Obligated Group) | | 5.000% | | 12/1/20 | | 750 | | 777 | |
| Grand Forks ND Health Care System Revenue (Altru Health System Obligated Group) | | 5.000% | | 12/1/21 | | 1,000 | | 1,069 | |
1 | North Dakota Public Finance Authority Revenue TOB VRDO | | 1.210% | | 11/7/19 | | 5,095 | | 5,095 | |
| | | | | | | | | 7,091 | |
Ohio (3.6%) | | | | | | | | | |
| Akron OH Bath & Copley Joint Township Hospital District Revenue (Summa Health System Obligated Group) | | 5.000% | | 11/15/20 | | 1,460 | | 1,510 | |
| Akron OH Income Tax Revenue (Packaging Facilities) | | 5.000% | | 12/1/19 | | 1,590 | | 1,595 | |
| Allen County OH Hospital Facilities Revenue (Mercy Health) | | 5.000% | | 8/1/21 | | 2,605 | | 2,767 | |
| Allen County OH Hospital Facilities Revenue (Mercy Health) | | 5.000% | | 8/1/22 | | 3,750 | | 4,112 | |
| Allen County OH Hospital Facilities Revenue (Mercy Health) PUT | | 5.000% | | 5/5/22 | | 14,190 | | 15,453 | |
2 | Allen County OH Hospital Facilities Revenue (Mercy Health) PUT, SIFMA Municipal Swap Index Yield + 0.750% | | 1.870% | | 5/1/20 | | 25,825 | | 25,839 | |
| American Municipal Power Ohio Inc. Revenue | | 5.000% | | 2/15/23 | | 1,250 | | 1,263 | |
| American Municipal Power Ohio Inc. Revenue (Hydroelectric Projects) PUT | | 2.250% | | 8/15/21 | | 8,000 | | 8,068 | |
| American Municipal Power Ohio Inc. Revenue PUT | | 2.300% | | 2/15/22 | | 23,500 | | 23,864 | |
| Bluffton OH Hospital Facilities Revenue (Blanchard Valley Health System Obligated Group) | | 5.000% | | 12/1/21 | | 750 | | 804 | |
| Bluffton OH Hospital Facilities Revenue (Blanchard Valley Health System Obligated Group) | | 5.000% | | 12/1/22 | | 750 | | 828 | |
| Butler County OH Hospital Facilities Revenue (UC Health) | | 5.000% | | 11/15/21 | | 900 | | 966 | |
36
Short-Term Tax-Exempt Fund
| | | Coupon | | Maturity Date | | Face Amount ($000) | | Market Value· ($000 | ) |
| Centerville OH Health Care Revenue (Graceworks Lutheran Services) | | 5.000% | | 11/1/20 | | 275 | | 282 | |
| Centerville OH Health Care Revenue (Graceworks Lutheran Services) | | 5.000% | | 11/1/21 | | 285 | | 298 | |
| Chillicothe OH Hospital Facilities Revenue (Adena Health System Obligated Group) | | 5.000% | | 12/1/21 | | 925 | | 994 | |
| Cleveland OH Airport System Revenue | | 5.000% | | 1/1/20 | (4) | 430 | | 433 | |
| Cleveland OH GO | | 4.000% | | 12/1/21 | | 375 | | 397 | |
| Cleveland OH GO | | 4.000% | | 12/1/22 | | 350 | | 379 | |
| Cleveland OH GO | | 5.000% | | 12/1/22 | | 735 | | 819 | |
| Cleveland OH GO | | 4.000% | | 12/1/23 | | 500 | | 555 | |
| Cleveland OH Public Power System Revenue | | 5.000% | | 11/15/22 | (4) | 1,985 | | 2,200 | |
| Cleveland OH Water Revenue | | 5.000% | | 1/1/21 | | 9,025 | | 9,425 | |
| Cleveland OH Water Revenue | | 5.000% | | 1/1/22 | | 8,760 | | 9,475 | |
| Columbus OH GO | | 5.000% | | 4/1/21 | | 1,660 | | 1,749 | |
| Columbus OH GO | | 5.000% | | 2/15/22 | | 2,500 | | 2,716 | |
| Columbus OH GO | | 5.000% | | 4/1/22 | | 1,375 | | 1,500 | |
| Columbus OH GO | | 5.000% | | 4/1/23 | | 1,400 | | 1,579 | |
| Columbus OH GO | | 5.000% | | 4/1/24 | | 800 | | 930 | |
1 | Cuyahoga OH CP TOB VRDO | | 1.240% | | 11/7/19 | | 4,155 | | 4,155 | |
2 | Franklin County OH Hospital Facilities Revenue (OhioHealth Corp.) PUT, SIFMA Municipal Swap Index Yield + 0.430% | | 1.550% | | 11/15/21 | | 7,500 | | 7,515 | |
1 | Franklin County OH Hospital Facilities Revenue (OhioHealth Corp.) TOB VRDO | | 1.160% | | 11/7/19 | | 8,250 | | 8,250 | |
| Franklin County OH Hospital Facilities Revenue (OhioHealth Corp.) VRDO | | 1.130% | | 11/7/19 | | 24,960 | | 24,960 | |
| Franklin County OH Revenue VRDO | | 1.100% | | 11/7/19 | | 30,650 | | 30,650 | |
| Franklin OH GO | | 5.000% | | 6/1/21 | | 1,805 | | 1,914 | |
| Grandview Heights OH City School District GO | | 4.000% | | 12/1/20 | | 1,170 | | 1,206 | |
| Grandview Heights OH City School District GO | | 4.000% | | 12/1/21 | | 520 | | 550 | |
| Hamilton County OH Healthcare Revenue (Life Enriching Communities) | | 4.000% | | 1/1/20 | | 575 | | 577 | |
1 | Hamilton County OH Hospital Facilities Revenue (UC Health) TOB VRDO | | 1.180% | | 11/7/19 | LOC | 11,395 | | 11,395 | |
| Hamilton County OH Sales Tax Revenue | | 5.000% | | 12/1/19 | | 3,000 | | 3,009 | |
1 | JobsOhio Beverage System Statewide Liquor Profits Revenue TOB VRDO | | 1.170% | | 11/7/19 | | 42,200 | | 42,200 | |
1 | Kettering Health Network Obligated Group TOB VRDO | | 1.320% | | 11/7/19 | | 11,160 | | 11,160 | |
| Lucas County OH Hospital Revenue (ProMedica Healthcare Obligated Group) | | 5.000% | | 11/15/19 | | 1,165 | | 1,166 | |
1 | Miami University of Ohio General Receipts Revenue TOB VRDO | | 1.150% | | 11/7/19 | | 3,785 | | 3,785 | |
| Montgomery County OH Hospital Revenue (Premier Health Partners) | | 5.000% | | 11/15/24 | | 1,000 | | 1,167 | |
1 | Montgomery County OH Revenue (Premier Health Partners Obligated Group) VRDO | | 1.380% | | 11/1/19 | LOC | 3,050 | | 3,050 | |
| Ohio Adult Correctional Capital Facilities Revenue | | 5.000% | | 10/1/22 | | 1,750 | | 1,937 | |
| Ohio Adult Correctional Capital Facilities Revenue | | 5.000% | | 10/1/23 | | 1,250 | | 1,426 | |
| Ohio Adult Correctional Capital Facilities Revenue | | 5.000% | | 10/1/24 | | 725 | | 851 | |
| Ohio Common Schools GO | | 5.000% | | 9/15/20 | | 5,000 | | 5,166 | |
| Ohio Cultural & Sports Capital Facilities Lease Revenue | | 5.000% | | 10/1/21 | | 2,755 | | 2,950 | |
| Ohio GO | | 5.000% | | 2/1/21 | | 2,250 | | 2,357 | |
| Ohio GO | | 5.000% | | 5/1/21 | | 10,120 | | 10,699 | |
| Ohio GO | | 5.000% | | 9/15/21 | | 1,300 | | 1,393 | |
| Ohio GO | | 5.000% | | 2/1/22 | | 1,220 | | 1,324 | |
| Ohio GO | | 5.000% | | 5/1/22 | (Prere.) | 1,250 | | 1,369 | |
| Ohio GO | | 5.000% | | 5/1/22 | | 10,525 | | 11,523 | |
| Ohio GO | | 5.000% | | 6/15/22 | | 9,810 | | 10,784 | |
| Ohio GO | | 5.000% | | 6/15/22 | (Prere.) | 1,000 | | 1,100 | |
| Ohio GO | | 5.000% | | 9/15/22 | | 9,865 | | 10,935 | |
| Ohio GO | | 5.000% | | 12/15/22 | | 7,970 | | 8,907 | |
| Ohio GO | | 5.000% | | 5/1/23 | | 10,945 | | 12,383 | |
| Ohio GO | | 5.000% | | 6/15/23 | | 5,000 | | 5,679 | |
| Ohio GO | | 5.000% | | 6/15/23 | | 10,660 | | 12,108 | |
| Ohio GO | | 5.000% | | 6/15/24 | | 9,900 | | 11,595 | |
| Ohio Higher Education GO | | 5.000% | | 5/1/21 | | 11,050 | | 11,683 | |
| Ohio Higher Education GO | | 5.000% | | 8/1/23 | | 4,500 | | 5,132 | |
| Ohio Higher Educational Facility Commission Revenue (Denison University Project) | | 5.000% | | 11/1/19 | | 1,500 | | 1,500 | |
| Ohio Higher Educational Facility Commission Revenue (Denison University Project) | | 5.000% | | 11/1/20 | | 1,500 | | 1,556 | |
| Ohio Higher Educational Facility Commission Revenue (Denison University Project) | | 5.000% | | 11/1/21 | | 1,045 | | 1,124 | |
| Ohio Highway Capital Improvements GO | | 5.000% | | 5/1/21 | | 1,130 | | 1,195 | |
| Ohio Hospital Revenue (University Hospitals Health System Inc.) VRDO | | 1.330% | | 11/1/19 | | 13,000 | | 13,000 | |
| Ohio Hospital Revenue (University Hospitals Health System Inc.) VRDO | | 1.330% | | 11/1/19 | | 10,875 | | 10,875 | |
| Ohio Hospital Revenue (University Hospitals Health System Inc.) VRDO | | 1.340% | | 11/1/19 | | 13,250 | | 13,250 | |
| Ohio Housing Finance Agency Multifamily Housing Revenue (Neilan Park Apartments Project) PUT | | 1.750% | | 6/1/21 | | 1,060 | | 1,066 | |
| Ohio Major New State Infrastructure Project Revenue | | 5.000% | | 12/15/21 | | 20,000 | | 21,577 | |
| Ohio Major New State Infrastructure Project Revenue | | 5.000% | | 12/15/24 | | 2,775 | | 3,045 | |
| Ohio Parks & Recreation Capital Facilities Revenue | | 5.000% | | 12/1/20 | | 1,125 | | 1,170 | |
| Ohio State University General Receipts Revenue | | 5.000% | | 12/1/19 | | 1,515 | | 1,519 | |
| Ohio State University General Receipts Revenue | | 5.000% | | 12/1/20 | | 1,250 | | 1,302 | |
| Ohio State University General Receipts Revenue | | 5.000% | | 12/1/21 | | 1,400 | | 1,511 | |
| Ohio State University General Receipts Revenue | | 5.000% | | 12/1/22 | | 1,110 | | 1,239 | |
| Ohio Third Frontier Research & Development GO | | 5.000% | | 5/1/22 | | 1,935 | | 2,119 | |
37
Short-Term Tax-Exempt Fund
| | | Coupon | | Maturity Date | | Face Amount ($000) | | Market Value· ($000 | ) |
| Ohio Third Frontier Research & Development GO | | 5.000% | | 5/1/23 | | 2,035 | | 2,302 | |
| Ohio Third Frontier Research & Development GO | | 5.000% | | 5/1/24 | | 2,135 | | 2,492 | |
1 | Ohio Turnpike Commission Turnpike Revenue TOB VRDO | | 1.220% | | 11/7/19 | | 7,500 | | 7,500 | |
| Ohio Water Development Authority Fresh Water Revenue | | 5.000% | | 12/1/21 | | 2,975 | | 3,210 | |
| Ohio Water Development Authority Fresh Water Revenue | | 5.250% | | 12/1/21 | | 1,250 | | 1,341 | |
| Ohio Water Development Authority Pollution Control Revenue (Water Quality) | | 5.000% | | 6/1/23 | | 1,670 | | 1,893 | |
| Ohio Water Development Authority Revenue | | 5.000% | | 6/1/22 | | 1,950 | | 2,140 | |
| Ohio Water Development Authority Revenue | | 5.000% | | 12/1/22 | | 1,650 | | 1,841 | |
2 | Ohio Water Development Authority Water Pollution Control Loan Fund Revenue, SIFMA Municipal Swap Index Yield + 0.220% | | 1.340% | | 12/1/20 | | 88,685 | | 88,688 | |
| South-Western City OH School District (Franklin & Pickaway Counties) GO | | 4.000% | | 12/1/22 | | 1,390 | | 1,509 | |
4 | University of Akron Ohio General Receipts Revenue | | 5.000% | | 1/1/23 | | 700 | | 778 | |
4 | University of Akron Ohio General Receipts Revenue | | 5.000% | | 1/1/24 | | 535 | | 612 | |
2 | University of Cincinnati Ohio General Receipts Revenue, 67% of 1M USD LIBOR + 0.340% | | 1.533% | | 6/1/20 | | 2,000 | | 2,000 | |
| Warren County OH Health Care Facilities Improvement Revenue (Otterbein Homes Project) | | 4.000% | | 7/1/22 | | 625 | | 666 | |
| | | | | | | | | 602,830 | |
Oklahoma (0.2%) | | | | | | | | | |
| Norman OK Regional Hospital Authority Revenue | | 5.000% | | 9/1/20 | | 1,170 | | 1,203 | |
| Oklahoma City OK GO | | 4.000% | | 3/1/21 | | 2,940 | | 3,051 | |
| Oklahoma Development Finance Authority Health System Revenue (OU Medicine) | | 5.000% | | 8/15/22 | | 1,000 | | 1,086 | |
| Oklahoma Water Resources Board Revolving Fund Revenue | | 5.000% | | 4/1/21 | | 1,405 | | 1,481 | |
| Tulsa County OK Independent School District No. 11 (Owasso) GO | | 3.000% | | 1/1/20 | | 4,000 | | 4,011 | |
| Tulsa County OK Independent School District No. 11 (Owasso) GO | | 4.000% | | 1/1/21 | | 7,450 | | 7,687 | |
| Tulsa County OK Independent School District No. 11 (Owasso) GO | | 4.000% | | 1/1/22 | | 7,450 | | 7,886 | |
| Tulsa County OK Independent School District No. 11 (Owasso) Revenue | | 5.000% | | 9/1/20 | | 1,500 | | 1,546 | |
| Tulsa County OK Independent School District No. 11 (Owasso) Revenue | | 5.000% | | 9/1/21 | | 825 | | 881 | |
| Tulsa County OK Independent School District No. 11 (Owasso) Revenue | | 5.000% | | 9/1/22 | | 1,050 | | 1,154 | |
| Tulsa County OK Independent School District No. 11 (Owasso) Revenue | | 5.000% | | 9/1/23 | | 500 | | 565 | |
| | | | | | | | | 30,551 | |
Oregon (0.6%) | | | | | | | | | |
| Clackamas County OR Hospital Facility Authority Revenue (Mary’s Woods at Marylhurst) | | 2.600% | | 11/15/23 | | 3,100 | | 3,101 | |
| Clackamas County OR Hospital Facility Authority Revenue (Mary’s Woods at Marylhurst) | | 2.800% | | 5/15/24 | | 575 | | 575 | |
| Jackson County OR School District No. 5 GO (Ashland) | | 4.000% | | 6/15/21 | | 835 | | 873 | |
| Jackson County OR School District No. 5 GO (Ashland) | | 5.000% | | 6/15/22 | | 650 | | 714 | |
| Jackson County OR School District No. 5 GO (Ashland) | | 5.000% | | 6/15/23 | | 680 | | 771 | |
| Multnomah County OR GO | | 5.000% | | 6/1/20 | | 8,345 | | 8,530 | |
| Multnomah County OR GO | | 5.000% | | 6/1/21 | | 8,770 | | 9,300 | |
| Multnomah County OR GO | | 5.000% | | 6/1/22 | | 9,205 | | 10,108 | |
4 | Multnomah County OR Hospital Facilities Authority Revenue (Adventist Health System/West) PUT | | 5.000% | | 3/1/25 | | 5,600 | | 6,512 | |
| Oregon Department of Transportation Highway User Tax Revenue | | 5.000% | | 11/15/21 | | 6,020 | | 6,489 | |
1 | Oregon Department of Transportation Highway User Tax Revenue TOB VRDO | | 1.180% | | 11/7/19 | | 5,000 | | 5,000 | |
1 | Oregon Facilities Authority Revenue (Reed College Project) TOB VRDO | | 1.150% | | 11/7/19 | | 7,500 | | 7,500 | |
| Oregon GO | | 3.000% | | 11/1/19 | | 1,000 | | 1,000 | |
| Oregon GO | | 5.000% | | 5/1/20 | | 2,725 | | 2,776 | |
| Oregon GO | | 5.000% | | 8/1/20 | | 3,300 | | 3,394 | |
| Oregon GO | | 5.000% | | 11/1/20 | | 3,100 | | 3,218 | |
| Oregon GO | | 5.000% | | 5/1/21 | (Prere.) | 4,105 | | 4,337 | |
| Oregon GO | | 5.000% | | 5/1/21 | | 2,065 | | 2,183 | |
| Oregon GO | | 5.000% | | 6/1/21 | | 2,075 | | 2,200 | |
| Oregon GO | | 5.000% | | 8/1/21 | | 1,750 | | 1,867 | |
| Oregon GO | | 4.000% | | 11/1/21 | | 3,610 | | 3,814 | |
4 | Oregon GO | | 5.000% | | 5/1/22 | | 1,000 | | 1,094 | |
| Oregon GO | | 5.000% | | 5/1/22 | | 1,500 | | 1,641 | |
| Oregon GO | | 5.000% | | 8/1/22 | | 1,000 | | 1,103 | |
4 | Oregon GO | | 4.000% | | 11/1/22 | | 1,245 | | 1,348 | |
4 | Oregon GO | | 5.000% | | 11/1/22 | | 2,270 | | 2,524 | |
4 | Oregon GO | | 5.000% | | 5/1/23 | | 1,365 | | 1,543 | |
4 | Oregon GO | | 5.000% | | 11/1/23 | | 1,205 | | 1,384 | |
4 | Oregon GO | | 5.000% | | 11/1/23 | | 1,500 | | 1,723 | |
| Washington & Clackamas Counties OR School District No. 23J GO | | 5.000% | | 6/15/21 | (14) | 4,000 | | 4,246 | |
| Washington Yamhill and Multnomah Counties OR Hillsboro School District No. 1J GO | | 4.000% | | 6/15/20 | | 1,600 | | 1,628 | |
| | | | | | | | | 102,496 | |
Pennsylvania (6.2%) | | | | | | | | | |
| Allegheny County PA Higher Education Building Authority University Revenue (Robert Morris University) | | 3.000% | | 10/15/22 | | 385 | | 390 | |
| Allegheny County PA Hospital Development Authority Revenue | | 5.000% | | 4/1/22 | | 1,750 | | 1,894 | |
| Allegheny County PA Hospital Development Authority Revenue | | 5.000% | | 5/15/22 | | 1,335 | | 1,362 | |
| Allegheny County PA Hospital Development Authority Revenue | | 5.000% | | 4/1/23 | | 1,625 | | 1,812 | |
38
Short-Term Tax-Exempt Fund
| | | Coupon | | Maturity Date | | Face Amount ($000) | | Market Value· ($000 | ) |
| Allegheny County PA Hospital Development Authority Revenue (University of Pittsburgh Medical Center) | | 5.000% | | 7/15/20 | | 2,000 | | 2,052 | |
| Allegheny County PA Hospital Development Authority Revenue (University of Pittsburgh Medical Center) | | 3.000% | | 7/15/22 | | 1,500 | | 1,569 | |
| Allegheny County PA Hospital Development Authority Revenue (University of Pittsburgh Medical Center) | | 5.000% | | 7/15/22 | | 2,000 | | 2,197 | |
| Allegheny County PA Hospital Development Authority Revenue (University of Pittsburgh Medical Center) | | 5.000% | | 7/15/23 | | 2,500 | | 2,831 | |
1,2 | Allegheny County PA Hospital Development Authority Revenue (University of Pittsburgh Medical Center) TOB PUT, SIFMA Municipal Swap Index Yield + 0.170% | | 1.290% | | 12/2/19 | LOC | 10,000 | | 10,000 | |
2 | Allegheny County PA Hospital Development Authority Revenue (University of Pittsburgh Medical Center), 67% of 3M USD LIBOR + 0.720% | | 2.230% | | 2/1/21 | | 3,030 | | 3,033 | |
| Allegheny County PA Port Authority Revenue | | 5.250% | | 3/1/21 | | 1,325 | | 1,395 | |
| Allegheny County PA Port Authority Revenue | | 5.250% | | 3/1/22 | | 5,000 | | 5,257 | |
| Allentown PA Neighborhood Improvement Zone Development Authority Tax Revenue | | 5.000% | | 5/1/22 | | 1,470 | | 1,561 | |
| Altoona PA Sewer Revenue | | 5.000% | | 12/1/20 | (4) | 300 | | 311 | |
| Altoona PA Sewer Revenue | | 5.000% | | 12/1/21 | (4) | 230 | | 247 | |
| Altoona PA Sewer Revenue | | 5.000% | | 12/1/22 | (4) | 200 | | 221 | |
| Altoona PA Sewer Revenue | | 5.000% | | 12/1/23 | (4) | 300 | | 341 | |
| Armstrong PA School District GO | | 3.000% | | 3/15/22 | (15) | 300 | | 311 | |
| Armstrong PA School District GO | | 3.000% | | 3/15/23 | (15) | 400 | | 420 | |
| Armstrong PA School District GO | | 3.000% | | 3/15/24 | (15) | 565 | | 599 | |
| Beaver County PA GO | | 4.000% | | 4/15/20 | (15) | 660 | | 667 | |
| Beaver County PA GO | | 4.000% | | 4/15/21 | (15) | 695 | | 719 | |
| Beaver County PA GO | | 4.000% | | 4/15/22 | (15) | 720 | | 764 | |
| Berks County PA GO | | 5.000% | | 11/15/21 | | 700 | | 754 | |
| Berks County PA GO | | 5.000% | | 11/15/22 | | 575 | | 641 | |
| Berks County PA Industrial Development Authority Health System Revenue (Tower Health Project) | | 5.000% | | 11/1/22 | | 500 | | 549 | |
2 | Bethlehem PA Area School District Authority Revenue PUT, 70% of 1M USD LIBOR + 0.480% | | 1.730% | | 11/1/21 | | 11,480 | | 11,484 | |
2 | Bethlehem PA Area School District Authority Revenue PUT, 70% of 1M USD LIBOR + 0.490% | | 1.740% | | 11/1/21 | | 6,630 | | 6,634 | |
| Bethlehem PA GO | | 5.000% | | 12/1/21 | (4) | 305 | | 329 | |
| Bethlehem PA GO | | 5.000% | | 12/1/22 | (4) | 300 | | 334 | |
| Capital Region Water Pennsylvania Sewer System Revenue | | 5.000% | | 7/15/22 | (15) | 1,725 | | 1,892 | |
| Centre County PA Hospital Authority Revenue (Mount Nittany Medical Center Project) | | 5.000% | | 11/15/22 | | 800 | | 884 | |
1 | Chester County PA Industrial Development Authority Student Housing Revenue (University Student Housing LLC Project) VRDO | | 1.380% | | 11/7/19 | LOC | 27,860 | | 27,860 | |
| Coatesville PA School District GO | | 4.000% | | 8/1/20 | (4) | 325 | | 331 | |
| Coatesville PA School District GO | | 5.000% | | 8/1/21 | (4) | 2,540 | | 2,693 | |
| Commonwealth Financing Authority Pennsylvania Revenue | | 5.000% | | 6/1/20 | | 2,750 | | 2,806 | |
| Commonwealth Financing Authority Pennsylvania Revenue | | 5.000% | | 6/1/21 | | 1,000 | | 1,054 | |
| Commonwealth Financing Authority Pennsylvania Revenue | | 5.000% | | 6/1/22 | | 1,760 | | 1,914 | |
| Commonwealth Financing Authority Pennsylvania Revenue | | 5.000% | | 6/1/23 | | 2,625 | | 2,938 | |
4 | Commonwealth Financing Authority Pennsylvania Revenue | | 5.000% | | 6/1/23 | | 1,780 | | 1,965 | |
| Connellsville PA Area School District GO | | 4.000% | | 8/15/21 | (15) | 500 | | 522 | |
| Connellsville PA Area School District GO | | 4.000% | | 8/15/22 | (15) | 535 | | 571 | |
| Connellsville PA Area School District GO | | 4.000% | | 8/15/23 | (15) | 755 | | 823 | |
| Connellsville PA Area School District GO | | 4.000% | | 8/15/24 | (15) | 755 | | 839 | |
| Cornell PA School District GO | | 4.000% | | 9/1/22 | (4) | 190 | | 202 | |
| Cornell PA School District GO | | 4.000% | | 9/1/23 | (4) | 525 | | 569 | |
| Delaware County PA GO | | 5.000% | | 10/1/20 | | 2,700 | | 2,795 | |
| Delaware County PA Industrial Development Authority Airport Facilities Revenue (United Parcel Service Inc.) VRDO | | 1.310% | | 11/1/19 | | 13,200 | | 13,200 | |
| Delaware River Joint Toll Bridge Commission Pennsylvania & New Jersey Revenue | | 5.000% | | 7/1/22 | | 1,000 | | 1,100 | |
| Delaware River Joint Toll Bridge Commission Pennsylvania & New Jersey Revenue | | 5.000% | | 7/1/23 | | 700 | | 796 | |
1 | Delaware River PA Joint Toll Bridge Commission Revenue TOB VRDO | | 1.270% | | 11/7/19 | | 6,380 | | 6,380 | |
| Delaware River Port Authority Pennsylvania & New Jersey Revenue | | 5.000% | | 1/1/20 | (Prere.) | 5,000 | | 5,031 | |
| Delaware River Port Authority Pennsylvania & New Jersey Revenue | | 5.000% | | 1/1/21 | | 15,000 | | 15,659 | |
| Delaware River Port Authority Pennsylvania & New Jersey Revenue | | 5.000% | | 1/1/22 | | 16,930 | | 18,311 | |
| Delaware River Port Authority Pennsylvania & New Jersey Revenue | | 5.000% | | 1/1/23 | | 1,210 | | 1,334 | |
| Delaware River Port Authority Pennsylvania & New Jersey Revenue | | 5.000% | | 1/1/23 | | 9,500 | | 10,620 | |
| Delaware Valley PA Regional Finance Authority Revenue VRDO | | 1.140% | | 11/7/19 | LOC | 6,000 | | 6,000 | |
| Dubois PA Hospital Authority Revenue (Penn Highlands Healthcare Obligated Group) | | 5.000% | | 7/15/20 | | 705 | | 723 | |
| Dubois PA Hospital Authority Revenue (Penn Highlands Healthcare Obligated Group) | | 5.000% | | 7/15/22 | | 815 | | 892 | |
| Dubois PA Hospital Authority Revenue (Penn Highlands Healthcare Obligated Group) | | 5.000% | | 7/15/23 | | 500 | | 563 | |
| Erie PA City School District GO | | 5.000% | | 4/1/20 | (4) | 425 | | 431 | |
| Erie PA City School District GO | | 5.000% | | 4/1/22 | (4) | 325 | | 352 | |
| Erie PA City School District GO | | 5.000% | | 4/1/24 | (4) | 250 | | 286 | |
| Franklin County PA Industrial Development Authority Revenue (Menno-Haven Inc. Project) | | 5.000% | | 12/1/21 | | 750 | | 789 | |
1 | Geisinger PA Authority Health System Revenue TOB VRDO | | 1.150% | | 11/7/19 | | 10,800 | | 10,800 | |
39
Short-Term Tax-Exempt Fund
| | | Coupon | | Maturity Date | | Face Amount ($000) | | Market Value· ($000 | ) |
| Hamburg PA Area School District GO | | 5.000% | | 4/1/20 | | 325 | | 330 | |
| Hempfield PA School District GO | | 4.000% | | 3/15/20 | (15) | 2,745 | | 2,772 | |
| Hempfield PA School District GO | | 5.000% | | 3/15/22 | (15) | 1,000 | | 1,086 | |
| Indiana County PA Industrial Development Authority Student Housing Revenue BAN | | 1.450% | | 9/1/20 | | 6,375 | | 6,346 | |
| Jackson PA Authority for Industrial Development Revenue (StoneRidge Retirement Living) VRDO | | 1.140% | | 11/7/19 | LOC | 14,050 | | 14,050 | |
| Kennett PA Consolidated School District GO | | 4.000% | | 2/15/20 | | 350 | | 353 | |
| Kennett PA Consolidated School District GO | | 4.000% | | 2/15/21 | | 720 | | 745 | |
| Kennett PA Consolidated School District GO | | 4.000% | | 2/15/22 | | 800 | | 850 | |
| Lackawanna County PA Industrial Development Authority Revenue (University of Scranton) | | 5.000% | | 11/1/22 | | 1,000 | | 1,106 | |
1 | Lancaster County PA Hospital Authority Health System Revenue (University of Pennsylvania Health System) TOB VRDO | | 1.120% | | 11/7/19 | | 4,160 | | 4,160 | |
4 | Lancaster PA School District GO | | 4.000% | | 6/1/21 | (4) | 1,000 | | 1,041 | |
4 | Lancaster PA School District GO | | 5.000% | | 6/1/21 | (4) | 175 | | 185 | |
4 | Lancaster PA School District GO | | 4.000% | | 6/1/22 | (4) | 530 | | 565 | |
4 | Lancaster PA School District GO | | 5.000% | | 6/1/22 | (4) | 225 | | 246 | |
4 | Lancaster PA School District GO | | 4.000% | | 6/1/23 | (4) | 450 | | 490 | |
4 | Lancaster PA School District GO | | 5.000% | | 6/1/24 | (4) | 125 | | 144 | |
| Lehigh County PA General Purpose Hospital Authority Revenue (Lehigh Valley Health Network) | | 5.000% | | 7/1/20 | | 820 | | 840 | |
4 | Lehigh County PA General Purpose Hospital Authority Revenue (Lehigh Valley Health Network) | | 5.000% | | 7/1/21 | | 1,250 | | 1,325 | |
4 | Lehigh County PA General Purpose Hospital Authority Revenue (Lehigh Valley Health Network) | | 5.000% | | 7/1/22 | | 550 | | 602 | |
4 | Lehigh County PA General Purpose Hospital Authority Revenue (Lehigh Valley Health Network) | | 5.000% | | 7/1/23 | | 855 | | 964 | |
4 | Lehigh County PA General Purpose Hospital Authority Revenue (Lehigh Valley Health Network) | | 5.000% | | 7/1/24 | | 1,120 | | 1,297 | |
1 | Lehigh County PA General Purpose Hospital Authority Revenue (Lehigh Valley Health Network)TOB VRDO | | 1.270% | | 11/7/19 | | 7,425 | | 7,425 | |
| Lehigh County PA Industrial Development Authority Revenue (PPL Electric Utilities Corp.) PUT | | 1.800% | | 9/1/22 | | 750 | | 754 | |
| Luzerne County PA GO | | 5.000% | | 12/15/20 | (4) | 1,000 | | 1,038 | |
| Luzerne County PA GO | | 5.000% | | 12/15/21 | (4) | 1,500 | | 1,608 | |
| Luzerne County PA GO | | 5.000% | | 12/15/22 | (4) | 1,000 | | 1,105 | |
| Luzerne County PA Industrial Development Authority Lease Revenue | | 5.000% | | 12/15/21 | (4) | 1,190 | | 1,264 | |
| Luzerne County PA Industrial Development Authority Lease Revenue | | 5.000% | | 12/15/22 | (4) | 1,305 | | 1,422 | |
| Lycoming County PA Authority Revenue (Lycoming College) | | 5.000% | | 11/1/22 | | 250 | | 274 | |
2 | Manheim Township PA School District GO PUT, 68% of 1M USD LIBOR + 0.470% | | 1.851% | | 11/1/21 | | 2,000 | | 2,004 | |
2 | Manheim Township PA School District GO, 68% of 1M USD LIBOR + 0.270% | | 1.651% | | 5/1/20 | | 1,415 | | 1,416 | |
2 | Manheim Township PA School District GO, 68% of 1M USD LIBOR + 0.320% | | 1.701% | | 5/3/21 | | 1,000 | | 1,001 | |
2 | Manheim Township PA School District GO, 68% of 1M USD LIBOR + 0.420% | | 1.801% | | 11/1/21 | | 1,125 | | 1,127 | |
| Montgomery County PA GO | | 4.000% | | 5/1/21 | | 1,990 | | 2,076 | |
| Montgomery County PA Higher Education & Health Authority Revenue (Holy Redeemer Health System) | | 5.000% | | 10/1/20 | | 1,260 | | 1,291 | |
| Montgomery County PA Higher Education & Health Authority Revenue (Holy Redeemer Health System) | | 5.000% | | 10/1/21 | | 1,320 | | 1,388 | |
| Montgomery County PA Higher Education & Health Authority Revenue (Thomas Jefferson University) | | 5.000% | | 9/1/22 | | 825 | | 908 | |
| Montgomery County PA Higher Education & Health Authority Revenue (Thomas Jefferson University) | | 5.000% | | 9/1/22 | | 450 | | 496 | |
| Montgomery County PA Higher Education & Health Authority Revenue (Thomas Jefferson University) | | 5.000% | | 9/1/23 | | 1,275 | | 1,447 | |
| Montgomery County PA Higher Education & Health Authority Revenue (Thomas Jefferson University) | | 5.000% | | 9/1/23 | | 350 | | 397 | |
| Montgomery County PA Higher Education & Health Authority Revenue (Thomas Jefferson University) | | 5.000% | | 9/1/24 | | 375 | | 437 | |
2 | Montgomery County PA Higher Education & Health Authority Revenue (Thomas Jefferson University) PUT, SIFMA Municipal Swap Index Yield + 0.720% | | 1.840% | | 9/1/23 | | 9,250 | | 9,250 | |
| Montgomery County PA Industrial Development Authority Pollution Control Revenue (Exelon Generation Co., LLC) PUT | | 2.500% | | 4/1/20 | | 8,000 | | 8,037 | |
| Montgomery County PA Industrial Development Authority Pollution Control Revenue (Exelon Generation Co., LLC) PUT | | 2.500% | | 4/1/20 | | 5,000 | | 5,025 | |
| Montgomery County PA Industrial Development Authority Pollution Control Revenue (Exelon Generation Co., LLC) PUT | | 2.550% | | 6/1/20 | | 11,250 | | 11,330 | |
| Montgomery County PA Industrial Development Authority Revenue (Meadowood Corp.) | | 4.000% | | 12/1/22 | | 500 | | 529 | |
| Montgomery County PA Industrial Development Authority Revenue (Meadowood Corp.) | | 5.000% | | 12/1/23 | | 820 | | 913 | |
| Montgomery County PA Industrial Development Authority Revenue (Philadelphia Presbyterian Homes Inc. Project) | | 2.000% | | 12/1/20 | | 650 | | 648 | |
| Montgomery County PA Industrial Development Authority Revenue (Philadelphia Presbyterian Homes Inc. Project) | | 3.000% | | 12/1/22 | | 785 | | 798 | |
| Mount Lebanon PA Hospital Authority Revenue (St. Clair Memorial Hospital Project) | | 5.000% | | 7/1/21 | | 725 | | 767 | |
1 | Mount Lebanon PA School District GO TOB VRDO | | 1.170% | | 11/7/19 | | 15,500 | | 15,500 | |
| New Kensington Arnold PA School District GO | | 4.000% | | 5/15/20 | (15) | 820 | | 832 | |
| New Kensington Arnold PA School District GO | | 4.000% | | 5/15/21 | (15) | 940 | | 978 | |
| New Kensington Arnold PA School District GO | | 4.000% | | 5/15/22 | (15) | 970 | | 1,031 | |
2 | North Penn PA Water Authority Revenue, SIFMA Municipal Swap Index Yield + 0.260% | | 1.380% | | 11/1/21 | | 755 | | 755 | |
2 | North Penn PA Water Authority Revenue, SIFMA Municipal Swap Index Yield + 0.360% | | 1.480% | | 11/1/22 | | 810 | | 810 | |
40
Short-Term Tax-Exempt Fund
| | | Coupon | | Maturity Date | | Face Amount ($000) | | Market Value· ($000 | ) |
2 | North Penn PA Water Authority Revenue, SIFMA Municipal Swap Index Yield + 0.560% | | 1.680% | | 11/1/24 | | 500 | | 500 | |
| Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) | | 5.000% | | 8/15/20 | | 1,000 | | 1,028 | |
2 | Northampton County PA General Purpose Authority Hospital Revenue (St. Luke’s Hospital Project) PUT, SIFMA Municipal Swap Index Yield + 1.400% | | 2.520% | | 8/15/20 | | 8,125 | | 8,143 | |
| Pennsylvania COP | | 5.000% | | 7/1/20 | | 470 | | 481 | |
| Pennsylvania COP | | 5.000% | | 7/1/22 | | 300 | | 327 | |
| Pennsylvania Economic Development Financing Authority Revenue (UPMC Obligated Group) | | 4.000% | | 11/15/22 | | 5,000 | | 5,404 | |
1 | Pennsylvania Economic Development Financing Authority Revenue (UPMC Obligated Group) TOB VRDO | | 1.220% | | 11/7/19 | | 3,335 | | 3,335 | |
| Pennsylvania Economic Development Financing Authority Solid Waste Disposal Revenue (Waste Management Inc. Project) PUT | | 2.150% | | 11/1/21 | | 1,250 | | 1,264 | |
| Pennsylvania Economic Development Financing Authority Solid Waste Disposal Revenue (Waste Management Inc. Project) PUT | | 2.800% | | 12/1/21 | | 10,000 | | 10,224 | |
| Pennsylvania Economic Development Financing Authority Unemployment Compensation Revenue | | 5.000% | | 1/1/20 | | 7,290 | | 7,384 | |
| Pennsylvania Economic Development Financing Authority Unemployment Compensation Revenue | | 5.000% | | 7/1/20 | | 2,375 | | 2,406 | |
| Pennsylvania GO | | 5.000% | | 1/1/21 | | 19,835 | | 20,699 | |
| Pennsylvania GO | | 5.000% | | 3/1/21 | | 11,900 | | 12,492 | |
| Pennsylvania GO | | 5.000% | | 11/15/21 | (Prere.) | 10,000 | | 10,777 | |
| Pennsylvania GO | | 5.000% | | 11/15/21 | (Prere.) | 8,250 | | 8,891 | |
| Pennsylvania GO | | 5.000% | | 3/1/22 | | 5,100 | | 5,544 | |
| Pennsylvania GO | | 5.000% | | 7/15/23 | | 20,000 | | 22,691 | |
| Pennsylvania GO | | 5.000% | | 8/15/23 | | 10,000 | | 11,374 | |
| Pennsylvania GO | | 5.000% | | 1/15/24 | | 4,385 | | 5,051 | |
1 | Pennsylvania GO TOB VRDO | | 1.150% | | 11/7/19 | | 7,625 | | 7,625 | |
| Pennsylvania Higher Educational Facilities Authority Revenue (Higher Education System) | | 5.000% | | 6/15/20 | | 3,575 | | 3,658 | |
| Pennsylvania Higher Educational Facilities Authority Revenue (Higher Education System) | | 5.000% | | 6/15/20 | | 1,205 | | 1,233 | |
| Pennsylvania Higher Educational Facilities Authority Revenue (Higher Education System) | | 5.000% | | 6/15/21 | | 4,830 | | 5,122 | |
| Pennsylvania Higher Educational Facilities Authority Revenue (Higher Education System) | | 5.000% | | 6/15/21 | | 1,285 | | 1,363 | |
| Pennsylvania Higher Educational Facilities Authority Revenue (Higher Education System) | | 5.000% | | 6/15/22 | | 5,920 | | 6,476 | |
| Pennsylvania Higher Educational Facilities Authority Revenue (Higher Education System) | | 5.000% | | 6/15/22 | | 1,360 | | 1,488 | |
1 | Pennsylvania Higher Educational Facilities Authority Revenue (Higher Education System) TOB VRDO | | 1.180% | | 11/7/19 | | 7,560 | | 7,560 | |
1 | Pennsylvania Higher Educational Facilities Authority Revenue (University of Pennsylvania Housing Project) TOB VRDO | | 1.470% | | 11/7/19 | LOC | 29,490 | | 29,490 | |
| Pennsylvania Higher Educational Facilities Authority Revenue (York College) PUT | | 2.250% | | 4/30/20 | | 2,205 | | 2,211 | |
| Pennsylvania Higher Educational Facilities Authority Revenue (York College) PUT | | 2.850% | | 5/1/21 | | 1,565 | | 1,591 | |
1 | Pennsylvania Housing Finance Agency Single Family Mortgage Revenue TOB VRDO | | 1.120% | | 11/7/19 | | 5,370 | | 5,370 | |
| Pennsylvania Public School Building Authority Lease Revenue (School District of Philadelphia) | | 5.000% | | 6/1/20 | | 5,060 | | 5,167 | |
1 | Pennsylvania Turnpike Commission Motor License Fund Revenue TOB VRDO | | 1.270% | | 11/7/19 | | 4,350 | | 4,350 | |
| Pennsylvania Turnpike Commission Oil Franchise Tax Revenue | | 5.000% | | 12/1/19 | | 1,260 | | 1,263 | |
| Pennsylvania Turnpike Commission Oil Franchise Tax Revenue | | 5.000% | | 12/1/22 | | 595 | | 660 | |
| Pennsylvania Turnpike Commission Revenue | | 5.000% | | 6/1/20 | | 18,520 | | 18,922 | |
| Pennsylvania Turnpike Commission Revenue | | 5.000% | | 12/1/20 | | 325 | | 338 | |
| Pennsylvania Turnpike Commission Revenue | | 5.000% | | 12/1/21 | | 375 | | 404 | |
| Pennsylvania Turnpike Commission Revenue | | 5.000% | | 12/1/21 | | 6,130 | | 6,611 | |
| Pennsylvania Turnpike Commission Revenue | | 5.000% | | 12/1/22 | | 500 | | 556 | |
| Pennsylvania Turnpike Commission Revenue | | 5.000% | | 12/1/22 | | 480 | | 534 | |
| Pennsylvania Turnpike Commission Revenue | | 5.000% | | 12/1/22 | | 5,250 | | 5,841 | |
| Pennsylvania Turnpike Commission Revenue | | 5.000% | | 6/1/23 | | 1,000 | | 1,124 | |
| Pennsylvania Turnpike Commission Revenue | | 5.000% | | 12/1/23 | | 500 | | 573 | |
| Pennsylvania Turnpike Commission Revenue | | 5.000% | | 12/1/23 | | 4,300 | | 4,926 | |
| Pennsylvania Turnpike Commission Revenue | | 2.000% | | 12/1/24 | | 1,500 | | 1,543 | |
1 | Pennsylvania Turnpike Commission Revenue PUT | | 1.380% | | 11/1/19 | (4)LOC | 28,485 | | 28,485 | |
1 | Pennsylvania Turnpike Commission Revenue TOB VRDO | | 1.300% | | 11/7/19 | | 1,880 | | 1,880 | |
1 | Pennsylvania Turnpike Commission Revenue TOB VRDO | | 1.300% | | 11/7/19 | | 5,595 | | 5,595 | |
2 | Pennsylvania Turnpike Commission Revenue, SIFMA Municipal Swap Index Yield + 0.350% | | 1.470% | | 12/1/20 | | 3,750 | | 3,753 | |
2 | Pennsylvania Turnpike Commission Revenue, SIFMA Municipal Swap Index Yield + 0.430% | | 1.550% | | 12/1/21 | | 10,000 | | 10,034 | |
2 | Pennsylvania Turnpike Commission Revenue, SIFMA Municipal Swap Index Yield + 0.500% | | 1.620% | | 12/1/21 | | 25,000 | | 25,078 | |
2 | Pennsylvania Turnpike Commission Revenue, SIFMA Municipal Swap Index Yield + 0.880% | | 2.000% | | 12/1/20 | | 1,500 | | 1,506 | |
2 | Pennsylvania Turnpike Commission Revenue, SIFMA Municipal Swap Index Yield + 0.980% | | 2.100% | | 12/1/21 | | 7,330 | | 7,418 | |
2 | Pennsylvania Turnpike Commission Revenue, SIFMA Municipal Swap Index Yield + 1.270% | | 2.390% | | 12/1/20 | | 1,930 | | 1,942 | |
1 | Philadelphia PA Authority for Industrial Development Revenue (Children’s Hospital of Philadelphia Project) TOB VRDO | | 1.150% | | 11/7/19 | | 7,500 | | 7,500 | |
1 | Philadelphia PA Authority for Industrial Development Revenue (Children’s Hospital of Philadelphia Project) TOB VRDO | | 1.150% | | 11/7/19 | | 7,500 | | 7,500 | |
| Philadelphia PA Gas Works Revenue | | 5.000% | | 10/1/20 | | 3,500 | | 3,621 | |
| Philadelphia PA Gas Works Revenue | | 5.000% | | 10/1/22 | | 3,100 | | 3,424 | |
| Philadelphia PA Gas Works Revenue VRDO | | 1.110% | | 11/7/19 | LOC | 7,300 | | 7,300 | |
| Philadelphia PA GO | | 5.000% | | 8/1/20 | | 2,225 | | 2,287 | |
| Philadelphia PA GO | | 5.000% | | 8/1/21 | | 1,835 | | 1,953 | |
41
Short-Term Tax-Exempt Fund
| | | Coupon | | Maturity Date | | Face Amount ($000) | | Market Value· ($000 | ) |
| Philadelphia PA GO | | 5.000% | | 8/1/22 | | 2,385 | | 2,619 | |
| Philadelphia PA GO | | 5.000% | | 8/1/24 | | 2,635 | | 3,071 | |
| Philadelphia PA GO VRDO | | 1.110% | | 11/7/19 | LOC | 5,905 | | 5,905 | |
1 | Philadelphia PA Hospitals & Higher Education Facilities Authority Hospital Revenue (Children’s Hospital of Philadelphia Project) TOB VRDO | | 1.150% | | 11/7/19 | | 4,765 | | 4,765 | |
| Philadelphia PA Hospitals & Higher Education Facilities Authority Hospital Revenue (Temple University Health System Obligated Group) | | 5.000% | | 7/1/20 | | 1,700 | | 1,735 | |
| Philadelphia PA Hospitals & Higher Education Facilities Authority Hospital Revenue (Temple University Health System Obligated Group) | | 5.000% | | 7/1/21 | | 715 | | 751 | |
| Philadelphia PA Hospitals & Higher Education Facilities Authority Hospital Revenue (Temple University Health System Obligated Group) | | 5.000% | | 7/1/22 | | 1,000 | | 1,078 | |
| Philadelphia PA Hospitals & Higher Education Facilities Authority Hospital Revenue (Temple University Health System Obligated Group) | | 5.000% | | 7/1/23 | | 1,000 | | 1,105 | |
| Philadelphia PA School District GO | | 4.000% | | 3/31/20 | | 30,000 | | 30,322 | |
4 | Philadelphia PA School District GO | | 5.000% | | 9/1/20 | | 780 | | 802 | |
| Philadelphia PA School District GO | | 5.000% | | 9/1/20 | | 2,975 | | 3,065 | |
| Philadelphia PA School District GO | | 5.000% | | 9/1/20 | | 4,000 | | 4,121 | |
4 | Philadelphia PA School District GO | | 5.000% | | 9/1/21 | | 6,500 | | 6,764 | |
4 | Philadelphia PA School District GO | | 5.000% | | 9/1/21 | | 1,250 | | 1,330 | |
| Philadelphia PA School District GO | | 5.000% | | 9/1/21 | | 1,365 | | 1,455 | |
| Philadelphia PA School District GO | | 5.000% | | 9/1/21 | | 490 | | 522 | |
4 | Philadelphia PA School District GO | | 5.000% | | 9/1/22 | | 3,500 | | 3,754 | |
4 | Philadelphia PA School District GO | | 5.000% | | 9/1/22 | | 1,300 | | 1,428 | |
4 | Philadelphia PA School District GO | | 5.000% | | 9/1/23 | | 2,825 | | 3,114 | |
4 | Philadelphia PA School District GO | | 5.000% | | 9/1/23 | | 1,630 | | 1,843 | |
| Philadelphia PA School District GO | | 5.000% | | 9/1/23 | | 1,095 | | 1,240 | |
4 | Philadelphia PA School District GO | | 5.000% | | 9/1/24 | | 315 | | 356 | |
4 | Philadelphia PA School District GO | | 5.000% | | 9/1/24 | | 1,050 | | 1,217 | |
4 | Philadelphia PA School District GO | | 5.000% | | 9/1/24 | | 1,000 | | 1,159 | |
| Pittsburgh & Allegheny County PA Sports & Exhibition Authority Lease Revenue VRDO | | 1.150% | | 11/7/19 | (4) | 122,170 | | 122,170 | |
| Pittsburgh & Allegheny County PA Sports & Exhibition Authority Parking System Revenue | | 4.000% | | 12/15/20 | | 500 | | 515 | |
| Pittsburgh PA GO | | 5.000% | | 9/1/21 | | 500 | | 534 | |
| Pittsburgh PA Urban Redevelopment Authority Revenue (Crawford 123 LP) PUT | | 2.250% | | 6/1/20 | | 3,150 | | 3,152 | |
| Pittsburgh PA Water & Sewer Authority Revenue | | 5.000% | | 9/1/20 | (4) | 12,995 | | 13,399 | |
| Pittsburgh PA Water & Sewer Authority Revenue | | 5.000% | | 9/1/21 | (4) | 13,650 | | 14,581 | |
| Pittsburgh PA Water & Sewer Authority Revenue | | 5.000% | | 9/1/22 | | 300 | | 331 | |
| Pittsburgh PA Water & Sewer Authority Revenue | | 5.000% | | 9/1/23 | | 285 | | 324 | |
2 | Pittsburgh PA Water & Sewer Authority Revenue PUT, 70% of 1M USD LIBOR + 0.640% | | 2.078% | | 12/1/20 | (4) | 51,000 | | 51,014 | |
| Reading PA School District GO | | 5.000% | | 3/1/22 | (4) | 540 | | 584 | |
| Saint Mary PA Hospital Authority Health System Revenue (Trinity Health Corp Obligated Group) | | 5.000% | | 11/15/21 | | 1,000 | | 1,073 | |
| Saint Mary PA Hospital Authority Health System Revenue (Trinity Health Corp Obligated Group) | | 5.000% | | 11/15/22 | | 765 | | 848 | |
| Scranton PA School District GO | | 5.000% | | 6/1/20 | | 645 | | 657 | |
2 | Scranton PA School District GO PUT, 68% of 1M USD LIBOR + 0.850% | | 2.231% | | 4/1/21 | | 2,755 | | 2,758 | |
| Southeastern Pennsylvania Transportation Authority Revenue | | 5.000% | | 3/1/21 | | 675 | | 709 | |
| Southeastern Pennsylvania Transportation Authority Revenue | | 5.000% | | 3/1/22 | | 300 | | 326 | |
| Swarthmore Borough PA Authority College Revenue (Swarthmore College) | | 5.000% | | 9/15/20 | | 3,515 | | 3,632 | |
| University Area Joint Authority Pennsylvania Sewer Revenue | | 4.000% | | 11/1/20 | (15) | 1,535 | | 1,578 | |
| University Area Joint Authority Pennsylvania Sewer Revenue | | 5.000% | | 11/1/21 | (15) | 1,245 | | 1,335 | |
| University Area Joint Authority Pennsylvania Sewer Revenue | | 5.000% | | 11/1/22 | (15) | 545 | | 604 | |
| Washington County PA Hospital Authority Revenue (Washington Hospital Project) VRDO | | 1.140% | | 11/7/19 | LOC | 11,345 | | 11,345 | |
| West Cornwall PA Municipal Authority Revenue (Lebanon Valley Brethren Home) VRDO | | 1.120% | | 11/7/19 | LOC | 1,165 | | 1,165 | |
1 | Westmoreland County PA Municipal Authority Revenue TOB VRDO | | 1.270% | | 11/7/19 | (15) | 5,665 | | 5,665 | |
1 | Westmoreland County PA Municipal Authority Revenue TOB VRDO | | 1.270% | | 11/7/19 | (15) | 3,685 | | 3,685 | |
| Wilkes-Barre PA Area School District GO | | 5.000% | | 4/15/23 | (15) | 225 | | 250 | |
| York County PA School of Technology Authority Lease Revenue | | 4.000% | | 2/15/20 | (15) | 500 | | 504 | |
| York County PA School of Technology Authority Lease Revenue | | 5.000% | | 2/15/21 | (15) | 740 | | 775 | |
| | | | | | | | | 1,040,505 | |
Puerto Rico (0.2%) | | | | | | | | | |
| Puerto Rico Electric Power Authority Power Revenue | | 5.000% | | 7/1/20 | (14) | 1,025 | | 1,039 | |
| Puerto Rico Electric Power Authority Power Revenue | | 5.000% | | 7/1/22 | (14) | 3,250 | | 3,305 | |
| Puerto Rico Electric Power Authority Power Revenue | | 5.000% | | 7/1/21 | (14) | 2,595 | | 2,633 | |
| Puerto Rico GO | | 5.500% | | 7/1/20 | (14) | 5,750 | | 5,846 | |
| Puerto Rico GO | | 5.500% | | 7/1/20 | (14) | 515 | | 524 | |
| Puerto Rico Sales Tax Financing Corp. Revenue | | 0.000% | | 7/1/24 | | 15,658 | | 13,720 | |
| | | | | | | | | 27,067 | |
Rhode Island (0.1%) | | | | | | | | | |
| Rhode Island Economic Development Corp. Airport Revenue | | 5.000% | | 7/1/22 | | 500 | | 544 | |
1 | Rhode Island Health & Educational Building Corp. Higher Education Facilities Revenue (University of Rhode Island) TOB VRDO | | 1.220% | | 11/7/19 | | 6,670 | | 6,670 | |
42
Short-Term Tax-Exempt Fund
| | | Coupon | | Maturity Date | | Face Amount ($000) | | Market Value· ($000 | ) |
| Rhode Island Health & Educational Building Corp. Hospital Financing Revenue (Lifespan Obligated Group) | | 5.000% | | 5/15/20 | | 1,650 | | 1,679 | |
| Rhode Island Housing & Mortgage Finance Corp. Revenue PUT | | 1.700% | | 10/1/22 | | 4,000 | | 4,002 | |
| | | | | | | | | 12,895 | |
South Carolina (0.8%) | | | | | | | | | |
| Beaufort County SC School District GO | | 5.000% | | 3/1/21 | | 5,000 | | 5,251 | |
1 | Charleston SC Educational Excellence Financing Corp. Revenue (Charleston County School District, South Carolina Project) TOB VRDO | | 1.170% | | 11/7/19 | | 7,250 | | 7,250 | |
2 | Charleston SC Waterworks & Sewer Capital Improvement Revenue PUT,70% of 1M USD LIBOR + 0.370% | | 1.617% | | 1/1/22 | | 25,000 | | 25,032 | |
1 | Charleston SC Waterworks & Sewer Capital Improvement Revenue TOB VRDO | | 1.150% | | 11/7/19 | (Prere.) | 7,500 | | 7,500 | |
| Greenville SC Hospital System Board Hospital Facilities Revenue | | 5.000% | | 5/1/21 | | 555 | | 585 | |
| Kershaw County SC Public Schools Foundation Installment Purchase Revenue | | 5.000% | | 12/1/19 | | 1,050 | | 1,053 | |
| Lexington County SC Health Services District Inc. Hospital Revenue | | 5.000% | | 11/1/19 | | 560 | | 560 | |
| Lexington County SC Health Services District Inc. Hospital Revenue | | 5.000% | | 11/1/21 | | 500 | | 536 | |
| Lexington County SC Health Services District Inc. Hospital Revenue | | 5.000% | | 11/1/21 | | 1,000 | | 1,072 | |
| Myrtle Beach SC Tax Increase Revenue (Myrtle Beach Air Force Base Redevelopment Project) | | 5.000% | | 10/1/20 | | 1,000 | | 1,034 | |
| Patriots Energy Group Finance Authority South Carolina Gas Supply Revenue PUT | | 4.000% | | 2/1/24 | | 10,000 | | 10,885 | |
| Piedmont SC Municipal Power Agency Revenue | | 5.000% | | 1/1/22 | | 1,250 | | 1,302 | |
| South Carolina Jobs Economic Development Authority Hospital Revenue (AnMed Health Project) | | 5.000% | | 2/1/20 | | 1,310 | | 1,321 | |
| South Carolina Jobs Economic Development Authority Hospital Revenue (AnMed Health Project) | | 5.000% | | 2/1/21 | | 1,900 | | 1,982 | |
| South Carolina Jobs Economic Development Authority Hospital Revenue (Prisma Health) | | 5.000% | | 5/1/24 | | 1,000 | | 1,153 | |
| South Carolina Public Service Authority Revenue | | 4.000% | | 12/1/19 | (ETM) | 2,715 | | 2,721 | |
| South Carolina Public Service Authority Revenue | | 5.000% | | 12/1/19 | | 1,250 | | 1,253 | |
| South Carolina Public Service Authority Revenue | | 5.000% | | 12/1/19 | | 1,575 | | 1,579 | |
| South Carolina Public Service Authority Revenue | | 5.000% | | 12/1/19 | (ETM) | 3,165 | | 3,174 | |
| South Carolina Public Service Authority Revenue | | 5.000% | | 12/1/19 | | 5,685 | | 5,700 | |
| South Carolina Public Service Authority Revenue | | 5.000% | | 12/1/19 | (ETM) | 1,535 | | 1,539 | |
| South Carolina Public Service Authority Revenue | | 5.000% | | 12/1/19 | | 690 | | 692 | |
| South Carolina Public Service Authority Revenue | | 4.000% | | 12/1/20 | (ETM) | 450 | | 464 | |
| South Carolina Public Service Authority Revenue | | 5.000% | | 12/1/20 | | 4,125 | | 4,277 | |
| South Carolina Public Service Authority Revenue | | 5.000% | | 12/1/20 | | 21,000 | | 21,776 | |
| South Carolina Public Service Authority Revenue | | 5.000% | | 12/1/21 | | 1,100 | | 1,184 | |
| South Carolina Public Service Authority Revenue | | 5.000% | | 12/1/21 | | 3,285 | | 3,536 | |
| South Carolina Public Service Authority Revenue | | 5.000% | | 12/1/21 | (ETM) | 425 | | 458 | |
| South Carolina Public Service Authority Revenue | | 5.000% | | 12/1/21 | | 5,865 | | 6,313 | |
| South Carolina Public Service Authority Revenue | | 5.000% | | 12/1/22 | | 1,170 | | 1,277 | |
| South Carolina Public Service Authority Revenue | | 5.000% | | 12/1/24 | | 350 | | 376 | |
| South Carolina Public Service Authority Revenue (Santee Cooper) | | 5.000% | | 12/1/23 | | 1,120 | | 1,221 | |
| South Carolina Transportation Infrastructure Revenue | | 5.000% | | 10/1/21 | | 4,000 | | 4,286 | |
| South Carolina Transportation Infrastructure Revenue | | 5.000% | | 10/1/22 | (Prere.) | 8,115 | | 9,001 | |
| | | | | | | | | 137,343 | |
South Dakota (0.0%) | | | | | | | | | |
| South Dakota Health & Educational Facilities Authority Revenue (Regional Health System Obligated Group) | | 5.000% | | 9/1/20 | | 1,130 | | 1,165 | |
| South Dakota Health & Educational Facilities Authority Revenue (Regional Health System Obligated Group) | | 5.000% | | 9/1/21 | | 1,500 | | 1,600 | |
| South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) | | 4.000% | | 11/1/19 | | 395 | | 395 | |
| South Dakota Health & Educational Facilities Authority Revenue (Sanford Health) | | 5.000% | | 11/1/19 | | 600 | | 600 | |
| | | | | | | | | 3,760 | |
Tennessee (1.3%) | | | | | | | | | |
| Chattanooga TN Health Educational & Housing Facility Board Revenue (Catholic Health Initiatives) | | 5.250% | | 1/1/23 | (Prere.) | 5,350 | | 5,996 | |
| Clarksville TN Public Building Authority Revenue (Pooled Financing) VRDO | | 1.330% | | 11/1/19 | LOC | 8,400 | | 8,400 | |
| Clarksville TN Public Building Authority Revenue (Pooled Financing) VRDO | | 1.330% | | 11/1/19 | LOC | 12,300 | | 12,300 | |
| Franklin TN GO | | 5.000% | | 3/1/22 | | 1,170 | | 1,274 | |
| Franklin TN GO | | 5.000% | | 3/1/22 | | 1,640 | | 1,785 | |
| Greeneville TN Health & Educational Facilities Board Hospital Revenue (Ballad Health) | | 5.000% | | 7/1/20 | | 1,500 | | 1,536 | |
| Greeneville TN Health & Educational Facilities Board Hospital Revenue (Ballad Health) | | 5.000% | | 7/1/21 | | 1,075 | | 1,136 | |
| Greeneville TN Health & Educational Facilities Board Hospital Revenue (Ballad Health) | | 5.000% | | 7/1/22 | | 1,250 | | 1,360 | |
| Greeneville TN Health & Educational Facilities Board Hospital Revenue (Ballad Health) | | 5.000% | | 7/1/23 | | 900 | | 1,006 | |
| Hamilton County TN GO | | 5.000% | | 1/1/21 | | 1,200 | | 1,207 | |
| Hamilton County TN GO | | 5.000% | | 4/1/21 | | 10,810 | | 11,394 | |
| Jackson TN Hospital Improvement Revenue (West Tennessee Healthcare Obligated Group) | | 5.000% | | 4/1/23 | | 1,000 | | 1,120 | |
| Knox County TN GO | | 5.000% | | 6/1/23 | | 1,155 | | 1,310 | |
| Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue (University Health System Inc.) | | 5.000% | | 4/1/20 | | 395 | | 400 | |
| Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue (University Health System Inc.) | | 5.000% | | 9/1/20 | | 1,155 | | 1,186 | |
| Knox County TN Health Educational & Housing Facilities Board Hospital Facilities Revenue (University Health System Inc.) | | 4.000% | | 4/1/21 | | 635 | | 655 | |
43
Short-Term Tax-Exempt Fund
| | | Coupon | | Maturity Date | | Face Amount ($000) | | Market Value· ($000 | ) |
| Memphis TN GO | | 5.000% | | 7/1/22 | | 7,130 | | 7,309 | |
1 | Memphis TN GO TOB VRDO | | 1.270% | | 11/7/19 | | 5,995 | | 5,995 | |
| Metropolitan Government of Nashville & Davidson County TN Health &Educational Facilities Board Revenue (Ascension Health Credit Group) PUT | | 1.550% | | 11/3/20 | | 17,650 | | 17,700 | |
| Metropolitan Government of Nashville & Davidson County TN Revenue (Extendible) CP | | 1.700% | | 11/20/19 | | 17,000 | | 17,001 | |
| Metropolitan Government of Nashville & Davidson County TN Revenue (Extendible) CP | | 1.670% | | 12/4/19 | | 25,000 | | 25,002 | |
1 | Metropolitan Government of Nashville & Davidson County TN Water & Sewer Revenue TOB VRDO | | 1.240% | | 11/7/19 | | 2,500 | | 2,500 | |
| Shelby County TN GO | | 5.000% | | 3/1/21 | | 1,230 | | 1,293 | |
| Shelby County TN Health Educational & Housing Facility Board Revenue (Methodist Le Bonheur Healthcare) | | 5.000% | | 5/1/20 | | 1,000 | | 1,018 | |
| Tennergy Corp. Tennessee Gas Revenue PUT | | 5.000% | | 10/1/24 | | 7,500 | | 8,638 | |
| Tennessee Energy Acquisition Corp. Gas Revenue | | 5.000% | | 2/1/20 | | 4,000 | | 4,033 | |
| Tennessee Energy Acquisition Corp. Gas Revenue | | 5.250% | | 9/1/20 | | 2,500 | | 2,574 | |
| Tennessee Energy Acquisition Corp. Gas Revenue | | 5.000% | | 2/1/23 | | 2,500 | | 2,752 | |
| Tennessee Energy Acquisition Corp. Gas Revenue PUT | | 4.000% | | 5/1/23 | | 37,465 | | 39,941 | |
| Tennessee GO | | 5.000% | | 8/1/21 | | 1,000 | | 1,067 | |
| Tennessee GO | | 5.000% | | 8/1/21 | | 1,095 | | 1,169 | |
| Tennessee GO | | 5.000% | | 2/1/22 | | 7,270 | | 7,896 | |
| Tennessee GO | | 4.000% | | 8/1/22 | | 6,865 | | 7,396 | |
| Tennessee GO | | 5.000% | | 8/1/22 | | 1,500 | | 1,657 | |
| Tennessee School Bond Authority Higher Educational Facilities Revenue (2nd Program) | | 5.000% | | 11/1/21 | | 2,500 | | 2,689 | |
| Tennessee School Bond Authority Higher Educational Facilities Revenue (2nd Program) | | 5.000% | | 11/1/23 | | 2,695 | | 3,094 | |
| Williamson County TN GO | | 5.000% | | 4/1/21 | | 500 | | 527 | |
| Williamson County TN GO | | 5.000% | | 4/1/21 | | 1,125 | | 1,186 | |
| Williamson County TN GO | | 5.000% | | 4/1/22 | | 1,450 | | 1,583 | |
| Williamson County TN GO | | 5.000% | | 4/1/22 | | 1,465 | | 1,599 | |
| Wilson County TN GO | | 5.000% | | 4/1/23 | | 2,885 | | 3,251 | |
| | | | | | | | | 220,935 | |
Texas (15.2%) | | | | | | | | | |
| Aldine TX Independent School District GO | | 5.000% | | 2/15/20 | | 8,875 | | 8,970 | |
| Alief TX Independent School District GO | | 5.000% | | 2/15/22 | | 1,000 | | 1,087 | |
| Alief TX Independent School District GO | | 4.000% | | 2/15/23 | | 1,000 | | 1,062 | |
| Allen TX Independent School District GO | | 5.000% | | 2/15/23 | | 1,990 | | 2,233 | |
| Alvin TX Independent School District GO PUT | | 1.400% | | 8/15/20 | | 12,500 | | 12,501 | |
| Alvin TX Independent School District GO PUT | | 2.150% | | 8/15/21 | | 9,335 | | 9,469 | |
| Alvin TX Independent School District GO PUT | | 1.250% | | 8/15/22 | | 7,825 | | 7,792 | |
| Arlington TX GO | | 5.000% | | 8/15/21 | | 1,395 | | 1,490 | |
| Arlington TX GO | | 5.000% | | 8/15/22 | | 1,400 | | 1,547 | |
| Arlington TX GO | | 5.000% | | 8/15/23 | | 1,000 | | 1,141 | |
| Arlington TX GO | | 5.000% | | 8/15/23 | | 1,395 | | 1,592 | |
| Arlington TX Independent School District GO | | 5.000% | | 2/15/20 | | 1,200 | | 1,213 | |
| Austin Convention Enterprises Inc. Texas Convention Center Revenue | | 5.000% | | 1/1/20 | | 650 | | 654 | |
| Austin Convention Enterprises Inc. Texas Convention Center Revenue | | 5.000% | | 1/1/20 | | 500 | | 503 | |
| Austin Convention Enterprises Inc. Texas Convention Center Revenue | | 5.000% | | 1/1/21 | | 560 | | 583 | |
| Austin Convention Enterprises Inc. Texas Convention Center Revenue | | 5.000% | | 1/1/21 | | 530 | | 550 | |
| Austin TX Affordable Multifamily Housing Revenue (Commons at Goodnight Apartments) PUT | | 1.850% | | 7/1/20 | | 10,000 | | 10,029 | |
| Austin TX Combined Utility System Revenue CP | | 1.350% | | 1/6/20 | | 29,550 | | 29,554 | |
| Austin TX Community College District Public Facilities Corp. Lease Revenue | | 5.000% | | 8/1/20 | | 200 | | 206 | |
| Austin TX Community College District Public Facilities Corp. Lease Revenue | | 5.000% | | 8/1/21 | | 150 | | 160 | |
| Austin TX Community College District Public Facilities Corp. Lease Revenue | | 5.000% | | 8/1/22 | | 150 | | 165 | |
| Austin TX Water & Wastewater System Revenue | | 5.000% | | 5/15/22 | (ETM) | 500 | | 546 | |
| Austin TX Water & Wastewater System Revenue | | 5.000% | | 5/15/22 | | 500 | | 547 | |
| Bexar County TX GO | | 5.000% | | 6/15/20 | | 7,840 | | 8,024 | |
| Bexar County TX GO | | 5.000% | | 6/15/20 | | 2,595 | | 2,656 | |
| Brazosport TX Independent School District GO | | 5.000% | | 2/15/23 | | 1,550 | | 1,736 | |
| Capital Area Housing Finance Corp. Texas Revenue (Mission Trail El Camino Real Apartments) PUT | | 2.100% | | 9/1/22 | | 6,875 | | 6,952 | |
| Central Texas Regional Mobility Authority Revenue | | 5.750% | | 1/1/20 | | 700 | | 705 | |
| Central Texas Regional Mobility Authority Revenue | | 5.000% | | 1/1/21 | | 1,435 | | 1,491 | |
| Central Texas Regional Mobility Authority Revenue | | 4.000% | | 1/1/22 | | 3,500 | | 3,635 | |
| Central Texas Regional Mobility Authority Revenue PUT | | 5.000% | | 1/7/21 | | 5,500 | | 5,624 | |
| Clear Creek TX Independent School District GO | | 5.000% | | 2/15/22 | | 1,625 | | 1,763 | |
| Clear Creek TX Independent School District GO | | 5.000% | | 2/15/23 | | 430 | | 482 | |
| Clear Creek TX Independent School District GO | | 5.000% | | 2/15/24 | | 435 | | 503 | |
| Clear Creek TX Independent School District GO PUT | | 1.450% | | 8/14/20 | | 9,950 | | 9,955 | |
| Clear Creek TX Independent School District GO PUT | | 2.150% | | 8/16/21 | | 9,500 | | 9,637 | |
| Clear Creek TX Independent School District GO PUT | | 1.350% | | 8/15/22 | | 10,500 | | 10,492 | |
| Coastal Bend TX Health Facilities Development Corp. Hospital Revenue (CHRISTUS Health) | | 1.390% | | 11/7/19 | (4) | 6,700 | | 6,700 | |
| College Station TX GO | | 5.000% | | 2/15/21 | | 3,145 | | 3,298 | |
| College Station TX GO | | 5.000% | | 2/15/22 | | 1,655 | | 1,798 | |
| College Station TX GO | | 5.000% | | 2/15/23 | | 1,735 | | 1,947 | |
44
Short-Term Tax-Exempt Fund
| | | Coupon | | Maturity Date | | Face Amount ($000) | | Market Value· ($000 | ) |
| Colorado River TX Municipal Water District Revenue | | 5.000% | | 1/1/21 | | 770 | | 804 | |
| Conroe TX Independent School District GO | | 5.000% | | 2/15/20 | | 2,230 | | 2,254 | |
4 | Conroe TX Independent School District GO | | 5.000% | | 2/15/22 | | 3,870 | | 4,192 | |
4 | Conroe TX Independent School District GO | | 5.000% | | 2/15/23 | | 10,600 | | 11,860 | |
4 | Conroe TX Independent School District GO | | 5.000% | | 2/15/24 | | 9,235 | | 10,650 | |
| Cypress-Fairbanks TX Independent School District GO | | 5.000% | | 2/15/22 | | 4,020 | | 4,216 | |
| Cypress-Fairbanks TX Independent School District GO | | 4.000% | | 2/15/24 | | 10,140 | | 11,038 | |
| Cypress-Fairbanks TX Independent School District GO | | 5.000% | | 2/15/26 | | 1,395 | | 1,461 | |
| Cypress-Fairbanks TX Independent School District GO PUT | | 1.400% | | 8/17/20 | | 5,375 | | 5,375 | |
| Cypress-Fairbanks TX Independent School District GO PUT | | 1.400% | | 8/17/20 | | 7,075 | | 7,075 | |
| Cypress-Fairbanks TX Independent School District GO PUT | | 3.000% | | 8/17/20 | | 5,700 | | 5,771 | |
| Cypress-Fairbanks TX Independent School District GO PUT | | 2.125% | | 8/16/21 | | 6,780 | | 6,875 | |
| Cypress-Fairbanks TX Independent School District GO PUT | | 2.125% | | 8/16/21 | | 1,195 | | 1,212 | |
| Cypress-Fairbanks TX Independent School District GO PUT | | 1.250% | | 8/15/22 | | 8,000 | | 7,972 | |
| Cypress-Fairbanks TX Independent School District GO PUT | | 1.250% | | 8/15/22 | | 14,625 | | 14,574 | |
| Cypress-Fairbanks TX Independent School District GO PUT | | 1.250% | | 8/15/22 | | 10,250 | | 10,215 | |
| Dallas County TX GO | | 5.000% | | 8/15/22 | | 3,700 | | 4,085 | |
| Dallas TX GO | | 5.000% | | 2/15/20 | | 1,255 | | 1,268 | |
| Dallas TX GO | | 5.000% | | 2/15/20 | | 7,165 | | 7,242 | |
| Dallas TX GO | | 5.000% | | 2/15/22 | | 9,030 | | 9,788 | |
| Dallas TX GO | | 5.000% | | 2/15/22 | | 7,700 | | 8,346 | |
| Dallas TX GO | | 5.000% | | 2/15/23 | | 3,000 | | 3,355 | |
| Dallas TX GO | | 5.000% | | 2/15/23 | | 9,455 | | 10,572 | |
| Dallas TX GO | | 5.000% | | 2/15/23 | | 1,445 | | 1,569 | |
| Dallas TX GO | | 5.000% | | 2/15/23 | | 7,700 | | 8,610 | |
| Dallas TX Independent School District GO PUT | | 5.000% | | 2/15/20 | | 15,000 | | 15,151 | |
| Dallas TX Independent School District GO PUT | | 5.000% | | 2/15/21 | | 1,000 | | 1,046 | |
| Dallas TX Waterworks & Sewer System Revenue | | 5.000% | | 10/1/20 | | 3,000 | | 3,104 | |
| Deer Park TX Independent School District GO PUT | | 1.550% | | 10/1/20 | | 2,000 | | 2,003 | |
| Denton County TX GO | | 5.000% | | 7/15/20 | | 1,100 | | 1,129 | |
| Denton TX Independent School District GO PUT | | 2.000% | | 8/1/24 | | 4,500 | | 4,609 | |
| Dickinson TX Independent School District GO PUT | | 1.350% | | 8/2/21 | | 2,600 | | 2,601 | |
| Eagle Mountain & Saginaw TX Independent School District GO PUT | | 2.000% | | 8/1/24 | | 10,275 | | 10,543 | |
4 | El Paso TX Water & Sewer Revenue | | 5.000% | | 3/1/21 | | 6,930 | | 7,205 | |
4 | El Paso TX Water & Sewer Revenue | | 5.000% | | 3/1/22 | | 3,750 | | 4,030 | |
| Fort Bend TX Independent School District GO | | 5.000% | | 8/15/22 | | 2,455 | | 2,528 | |
| Fort Bend TX Independent School District GO PUT | | 1.350% | | 8/1/20 | | 5,990 | | 5,988 | |
| Fort Bend TX Independent School District GO PUT | | 1.500% | | 8/1/21 | | 5,345 | | 5,361 | |
| Fort Bend TX Independent School District GO PUT | | 1.950% | | 8/1/22 | | 12,500 | | 12,679 | |
| Fort Worth TX GO | | 5.000% | | 3/1/22 | | 1,100 | | 1,155 | |
| Fort Worth TX GO | | 4.000% | | 3/1/23 | | 2,255 | | 2,459 | |
4 | Fort Worth TX Independent School District GO | | 5.000% | | 2/15/22 | | 2,010 | | 2,181 | |
4 | Fort Worth TX Independent School District GO | | 5.000% | | 2/15/23 | | 2,165 | | 2,426 | |
4 | Fort Worth TX Independent School District GO | | 5.000% | | 2/15/24 | | 4,525 | | 5,227 | |
1 | Fort Worth TX Special Tax Revenue TOB VRDO | | 1.290% | | 11/7/19 | | 11,675 | | 11,675 | |
| Fort Worth TX Water & Sewer Revenue | | 5.000% | | 2/15/20 | | 4,005 | | 4,048 | |
| Fort Worth TX Water & Sewer Revenue | | 5.000% | | 2/15/20 | | 1,680 | | 1,698 | |
| Fort Worth TX Water & Sewer Revenue | | 5.250% | | 2/15/21 | | 1,880 | | 1,901 | |
| Fort Worth TX Water & Sewer Revenue | | 5.000% | | 2/15/22 | | 1,665 | | 1,809 | |
| Frisco TX Independent School District GO | | 5.000% | | 8/15/21 | | 1,500 | | 1,602 | |
| Frisco TX Independent School District GO | | 5.000% | | 8/15/22 | | 1,210 | | 1,338 | |
4 | Galena Park TX Independent School District GO | | 5.000% | | 8/15/22 | | 580 | | 640 | |
4 | Galena Park TX Independent School District GO | | 5.000% | | 8/15/23 | | 1,710 | | 1,947 | |
| Galveston County TX GO | | 4.000% | | 2/1/20 | | 1,200 | | 1,208 | |
| Georgetown TX Independent School District GO PUT | | 2.000% | | 8/1/20 | | 12,000 | | 12,054 | |
| Georgetown TX Independent School District GO PUT | | 2.750% | | 8/1/22 | | 7,750 | | 8,029 | |
| Goose Creek TX Consolidated Independent School District GO | | 5.000% | | 2/15/21 | | 6,135 | | 6,434 | |
| Goose Creek TX Consolidated Independent School District GO | | 5.000% | | 2/15/23 | | 1,650 | | 1,730 | |
| Goose Creek TX Consolidated Independent School District GO PUT | | 1.950% | | 8/14/20 | | 6,750 | | 6,781 | |
| Goose Creek TX Consolidated Independent School District GO PUT | | 3.000% | | 10/1/20 | | 13,700 | | 13,903 | |
| Goose Creek TX Consolidated Independent School District GO PUT | | 1.300% | | 8/16/21 | | 6,900 | | 6,901 | |
| Grand Parkway Transportation Corp. Texas System Toll Revenue PUT | | 5.000% | | 10/1/23 | | 15,000 | | 16,981 | |
| Grand Parkway Transportation Corp. Texas BAN | | 5.000% | | 2/1/23 | | 104,460 | | 116,172 | |
1 | Grapevine-Colleyville TX Independent School District GO PUT | | 1.240% | | 1/2/20 | | 22,005 | | 22,005 | |
| Grapevine-Colleyville TX Independent School District GO PUT | | 2.000% | | 8/1/20 | (Prere.) | 1,780 | | 1,790 | |
| Grapevine-Colleyville TX Independent School District GO PUT | | 2.000% | | 8/1/20 | | 1,970 | | 1,981 | |
| Harlandale TX Independent School District GO PUT | | 3.000% | | 8/15/21 | | 13,775 | | 13,940 | |
2 | Harris County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Memorial Hermann Healthcare System) PUT, SIFMA Municipal Swap Index Yield + 0.375% | | 1.495% | | 4/1/21 | | 17,500 | | 17,491 | |
2 | Harris County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Memorial Hermann Healthcare System) PUT, SIFMA Municipal Swap Index Yield + 0.580% | | 1.700% | | 12/1/19 | | 1,000 | | 1,000 | |
45
Short-Term Tax-Exempt Fund
| | | Coupon | | Maturity Date | | Face Amount ($000) | | Market Value· ($000 | ) |
1 | Harris County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Memorial Hermann Healthcare System) VRDO | | 1.380% | | 11/1/19 | LOC | 10,240 | | 10,240 | |
2 | Harris County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Memorial Hermann Healthcare System), SIFMA Municipal Swap Index Yield + 0.830% | | 1.950% | | 6/1/21 | | 1,000 | | 1,006 | |
| Harris County TX Cultural Education Facilities Finance Corp. Revenue (Texas Children’s Hospital) | | 5.000% | | 10/1/20 | | 4,000 | | 4,136 | |
| Harris County TX Cultural Education Facilities Finance Corp. Revenue (Texas Children’s Hospital) | | 5.000% | | 10/1/21 | | 1,580 | | 1,692 | |
| Harris County TX Cultural Education Facilities Finance Corp. Revenue (Texas Children’s Hospital) | | 5.000% | | 10/1/22 | | 1,000 | | 1,106 | |
| Harris County TX Cultural Education Facilities Finance Corp. Revenue (Texas Children’s Hospital) | | 5.000% | | 10/1/23 | | 1,250 | | 1,424 | |
| Harris County TX Cultural Education Facilities Finance Corp. Revenue (Texas Children’s Hospital) | | 5.000% | | 10/1/24 | | 2,000 | | 2,342 | |
| Harris County TX Cultural Education Facilities Finance Corp. Revenue (Texas Children’s Hospital) PUT | | 5.000% | | 10/1/24 | | 10,000 | | 11,699 | |
2 | Harris County TX Cultural Education Facilities Finance Corp. Revenue (Texas Children’s Hospital) PUT, 68% of 1M USD LIBOR + 0.850% | | 2.061% | | 6/1/20 | | 32,500 | | 32,519 | |
| Harris County TX Cultural Education Facilities Finance Corp. Thermal Utility Revenue (TECO Project) | | 5.000% | | 11/15/19 | | 500 | | 501 | |
| Harris County TX Cultural Education Facilities Finance Corp. Thermal Utility Revenue (TECO Project) | | 5.000% | | 11/15/20 | | 860 | | 893 | |
| Harris County TX Flood Control District GO | | 5.000% | | 10/1/23 | | 11,655 | | 13,352 | |
| Harris County TX GO | | 5.000% | | 8/15/20 | | 4,250 | | 4,377 | |
| Harris County TX GO | | 5.000% | | 10/1/20 | | 4,760 | | 4,926 | |
| Harris County TX GO | | 5.000% | | 10/1/20 | | 3,005 | | 3,109 | |
| Harris County TX GO | | 5.000% | | 10/1/22 | | 9,845 | | 10,908 | |
| Harris County TX GO | | 5.000% | | 8/15/23 | | 3,280 | | 3,728 | |
| Harris County TX GO | | 5.000% | | 10/1/23 | | 1,410 | | 1,609 | |
| Harris County TX Health Facilities Development Corp. Hospital Revenue (CHRISTUS Health) | | 1.590% | | 11/7/19 | (4) | 1,625 | | 1,625 | |
| Harris County TX Health Facilities Development Corp. Hospital Revenue (CHRISTUS Health) | | 1.700% | | 11/7/19 | (4) | 7,725 | | 7,725 | |
| Harris County TX Health Facilities Development Corp. Revenue (Methodist Hospital System) VRDO | | 1.350% | | 11/1/19 | | 5,200 | | 5,200 | |
| Harris County TX Health Facilities Development Corp. Revenue (Methodist Hospital System) VRDO | | 1.350% | | 11/1/19 | | 30,395 | | 30,395 | |
| Harris County TX Hospital District Revenue | | 5.000% | | 2/15/23 | | 1,770 | | 1,970 | |
1 | Harris County TX Metropolitan Transit Authority Sales & Use Tax Revenue TOB VRDO | | 1.150% | | 11/7/19 | | 7,660 | | 7,660 | |
| Hays County TX GO | | 5.000% | | 2/15/22 | | 600 | | 651 | |
| Houston TX GO | | 5.000% | | 3/1/20 | | 3,030 | | 3,068 | |
| Houston TX GO | | 5.000% | | 3/1/21 | | 17,850 | | 18,748 | |
| Houston TX GO | | 5.000% | | 3/1/21 | | 2,500 | | 2,626 | |
| Houston TX GO | | 5.000% | | 3/1/22 | | 3,000 | | 3,257 | |
| Houston TX GO | | 5.000% | | 3/1/23 | | 1,750 | | 1,960 | |
| Houston TX Independent School District GO | | 5.000% | | 2/15/21 | | 17,605 | | 18,464 | |
| Houston TX Independent School District GO | | 5.000% | | 2/15/22 | | 2,515 | | 2,733 | |
| Houston TX Independent School District GO PUT | | 1.450% | | 6/1/20 | | 16,580 | | 16,586 | |
| Houston TX Independent School District GO PUT | | 2.200% | | 6/1/20 | | 6,000 | | 6,028 | |
| Houston TX Independent School District GO PUT | | 2.400% | | 6/1/21 | | 3,450 | | 3,507 | |
| Houston TX Independent School District GO PUT | | 2.400% | | 6/1/21 | | 3,400 | | 3,457 | |
| Houston TX Independent School District GO PUT | | 2.250% | | 6/1/22 | | 20,500 | | 21,038 | |
| Houston TX Independent School District GO PUT | | 2.250% | | 6/1/22 | | 12,500 | | 12,822 | |
| Houston TX Utility System Revenue | | 4.000% | | 11/15/20 | | 1,780 | | 1,832 | |
| Houston TX Utility System Revenue | | 4.000% | | 11/15/21 | | 1,795 | | 1,897 | |
2 | Houston TX Utility System Revenue PUT, 70% of 1M USD LIBOR + 0.360% | | 1.610% | | 8/1/21 | | 45,100 | | 45,125 | |
2 | Houston TX Utility System Revenue PUT, SIFMA Municipal Swap Index Yield + 0.900% | | 2.020% | | 5/1/20 | | 37,000 | | 37,011 | |
| Humble TX Independent School District GO | | 5.000% | | 2/15/20 | | 2,060 | | 2,082 | |
| Hurst-Euless-Bedford TX Independent School District GO | | 5.000% | | 8/15/21 | | 1,250 | | 1,335 | |
| Hurst-Euless-Bedford TX Independent School District GO | | 5.000% | | 8/15/22 | | 1,000 | | 1,103 | |
| Irving TX GO | | 4.000% | | 9/15/22 | | 2,980 | | 3,215 | |
| Irving TX Independent School District GO | | 5.000% | | 2/15/20 | | 2,000 | | 2,021 | |
| Katy TX Independent School District GO | | 5.000% | | 2/15/20 | | 2,600 | | 2,628 | |
2 | Katy TX Independent School District GO PUT, 67% of 1M USD LIBOR + 0.280% | | 1.562% | | 8/16/21 | | 9,750 | | 9,749 | |
| Lake Travis TX Independent School District Revenue GO PUT | | 2.625% | | 2/15/22 | (Prere.) | 505 | | 521 | |
| Lake Travis TX Independent School District Revenue GO PUT | | 2.625% | | 2/15/22 | | 5,100 | | 5,231 | |
| Lamar TX Consolidated Independent School District GO PUT | | 1.950% | | 8/17/20 | | 17,205 | | 17,280 | |
| Leander TX Independent School District GO | | 5.000% | | 8/15/21 | | 1,000 | | 1,068 | |
| Leander TX Independent School District GO | | 5.000% | | 8/15/21 | | 1,500 | | 1,602 | |
| Leander TX Independent School District GO | | 5.000% | | 8/15/22 | | 2,250 | | 2,483 | |
| Leander TX Independent School District GO | | 5.000% | | 8/15/23 | | 1,500 | | 1,707 | |
| Lewisville TX Independent School District GO | | 5.000% | | 8/15/22 | | 1,185 | | 1,310 | |
| Lewisville TX Independent School District GO | | 5.000% | | 8/15/22 | | 6,085 | | 6,726 | |
| Lone Star College System Texas GO | | 5.000% | | 2/15/21 | | 1,150 | | 1,207 | |
| Longview TX Independent School District GO | | 5.000% | | 2/15/20 | | 1,000 | | 1,011 | |
| Lower Colorado River Authority Texas Revenue | | 5.000% | | 5/15/21 | | 675 | | 688 | |
| Lower Colorado River Authority Texas Revenue | | 5.000% | | 5/15/22 | | 1,950 | | 2,132 | |
46
Short-Term Tax-Exempt Fund
| | | | | Face | Market |
| | | Maturity | | Amount | Value· |
| | Coupon | Date | | ($000) | ($000) |
| Lower Colorado River Authority Texas Transmission Contract Revenue (LCRA Transmission Services Corp.) | 5.000% | 5/15/23 | | 3,205 | 3,386 |
1 | Lower Colorado River Authority Texas Transmission Contract Revenue (LCRA Transmission Services Corp.) TOB VRDO | 1.240% | 11/7/19 | | 5,370 | 5,370 |
| Lubbock TX GO | 5.000% | 2/15/20 | | 1,150 | 1,162 |
| Lubbock TX GO | 5.000% | 2/15/20 | | 1,010 | 1,021 |
| Mansfield TX Independent School District GO PUT | 2.500% | 8/1/21 | | 8,285 | 8,440 |
| Midlothian TX Independent School District GO PUT | 2.500% | 8/1/20 | | 5,500 | 5,545 |
| Midlothian TX Independent School District Revenue GO PUT | 2.000% | 8/1/24 | | 3,265 | 3,344 |
| Nederland TX Independent School District GO | 5.000% | 8/15/22 | | 1,620 | 1,783 |
| New Caney TX Independent School District GO PUT | 3.000% | 8/15/21 | | 8,250 | 8,492 |
| New Hope TX Cultural Education Facilities Finance Corp. Hospital Revenue (Children’s Health System of Texas Obligated Group) | 5.000% | 8/15/21 | | 1,855 | 1,978 |
| New Hope TX Cultural Education Facilities Finance Corp. Retirement Facilities Revenue (Westminster Manor Project) | 4.000% | 11/1/21 | | 930 | 966 |
| North East TX Independent School District GO | 5.000% | 8/1/21 | | 1,160 | 1,236 |
| North East TX Independent School District GO | 5.000% | 2/1/23 | | 3,185 | 3,565 |
| North East TX Independent School District GO PUT | 1.420% | 8/1/21 | | 545 | 545 |
| North East TX Independent School District GO PUT | 2.375% | 8/1/22 | | 7,500 | 7,691 |
| North East TX Regional Mobility Authority Revenue | 5.000% | 1/1/20 | | 650 | 653 |
| North Texas Municipal Water District Regional Wastewater System Revenue | 5.000% | 6/1/20 | | 1,410 | 1,441 |
| North Texas Municipal Water District Regional Wastewater System Revenue | 5.000% | 6/1/21 | | 1,450 | 1,537 |
| North Texas Municipal Water District Upper East Fork Wastewater Interceptor System Revenue | 5.000% | 6/1/21 | | 1,690 | 1,792 |
| North Texas Municipal Water District Wastewater System Revenue (Upper East Interceptor) | 5.000% | 6/1/20 | | 1,405 | 1,436 |
4 | North Texas Municipal Water District Water System Revenue | 4.000% | 9/1/22 | | 2,950 | 3,172 |
| North Texas Municipal Water District Water System Revenue | 5.250% | 9/1/22 | | 4,705 | 5,142 |
4 | North Texas Municipal Water District Water System Revenue | 4.000% | 9/1/23 | | 3,070 | 3,380 |
1 | North Texas Municipal Water District Water System Revenue TOB VRDO | 1.250% | 11/1/19 | | 8,400 | 8,400 |
| North Texas Tollway Authority System Revenue | 5.000% | 1/1/20 | | 2,075 | 2,087 |
| North Texas Tollway Authority System Revenue | 5.000% | 1/1/21 | | 4,000 | 4,176 |
| North Texas Tollway Authority System Revenue | 4.000% | 1/1/22 | | 1,000 | 1,059 |
| North Texas Tollway Authority System Revenue | 5.000% | 1/1/22 | | 2,725 | 2,944 |
| North Texas Tollway Authority System Revenue | 5.000% | 1/1/23 | | 3,065 | 3,421 |
| North Texas Tollway Authority System Revenue | 5.000% | 1/1/23 | | 2,685 | 2,993 |
| North Texas Tollway Authority System Revenue | 5.000% | 1/1/23 | | 2,000 | 2,232 |
| North Texas Tollway Authority System Revenue | 5.000% | 1/1/23 | | 5,460 | 6,086 |
| North Texas Tollway Authority System Revenue | 5.000% | 1/1/24 | | 1,400 | 1,609 |
| North Texas Tollway Authority System Revenue | 5.000% | 1/1/24 | | 4,750 | 5,452 |
| Northside TX Independent School District GO | 5.000% | 8/1/20 | | 2,315 | 2,381 |
| Northside TX Independent School District GO | 5.000% | 2/15/21 | | 1,000 | 1,049 |
| Northside TX Independent School District GO PUT | 1.450% | 6/1/20 | | 15,935 | 15,940 |
| Northside TX Independent School District GO PUT | 2.125% | 8/1/20 | | 7,120 | 7,132 |
| Northside TX Independent School District GO PUT | 2.000% | 6/1/21 | | 1,900 | 1,920 |
| Northside TX Independent School District GO PUT | 1.750% | 6/1/22 | | 1,665 | 1,665 |
| Northside TX Independent School District GO PUT | 2.750% | 8/1/23 | | 15,840 | 16,590 |
| Northside TX Independent School District GO PUT | 1.600% | 8/1/24 | | 16,750 | 16,804 |
| Nueces County TX GO | 1.950% | 2/15/26 | | 4,000 | 4,000 |
| Pasadena TX Independent School District GO PUT | 1.500% | 8/15/24 | | 15,000 | 15,034 |
| Pflugerville TX Independent School District GO | 5.000% | 2/15/20 | | 1,700 | 1,718 |
| Pflugerville TX Independent School District GO PUT | 2.250% | 8/15/22 | | 1,725 | 1,767 |
| Pflugerville TX Independent School District GO PUT | 2.500% | 8/15/23 | | 4,000 | 4,158 |
| Richardson TX Independent School District GO | 5.000% | 2/15/21 | | 3,125 | 3,277 |
| Richardson TX Independent School District GO | 5.000% | 2/15/22 | | 500 | 543 |
| Round Rock TX GO | 5.000% | 8/15/22 | | 1,120 | 1,236 |
| Round Rock TX Independent School District GO | 5.000% | 8/1/20 | | 1,060 | 1,090 |
| Round Rock TX Independent School District GO PUT | 1.500% | 8/1/21 | | 2,575 | 2,576 |
| San Antonio TX Electric & Gas Systems Revenue | 5.000% | 2/1/20 | | 5,450 | 5,500 |
| San Antonio TX Electric & Gas Systems Revenue | 5.000% | 2/1/21 | | 6,000 | 6,281 |
| San Antonio TX Electric & Gas Systems Revenue | 5.000% | 2/1/23 | | 6,000 | 6,612 |
| San Antonio TX Electric & Gas Systems Revenue PUT | 3.000% | 12/1/19 | | 45,000 | 45,056 |
| San Antonio TX Electric & Gas Systems Revenue PUT | 2.000% | 12/1/21 | | 31,725 | 31,980 |
| San Antonio TX Electric & Gas Systems Revenue PUT | 2.750% | 12/1/22 | | 12,500 | 13,012 |
| San Antonio TX GO | 5.000% | 2/1/20 | | 2,000 | 2,018 |
| San Antonio TX GO | 5.000% | 2/1/23 | | 570 | 619 |
| San Antonio TX GO | 5.000% | 8/1/23 | | 6,000 | 6,826 |
| San Antonio TX Independent School District GO | 5.000% | 8/15/22 | | 1,250 | 1,381 |
| San Antonio TX Independent School District GO | 5.000% | 8/15/23 | | 1,600 | 1,826 |
| San Antonio TX Independent School District GO | 5.000% | 8/15/24 | | 1,250 | 1,471 |
| San Antonio TX Water Revenue PUT | 2.000% | 11/1/21 | | 6,720 | 6,790 |
| San Antonio TX Water Revenue PUT | 2.000% | 11/1/22 | | 15,190 | 15,415 |
| San Antonio TX Water Revenue PUT | 2.625% | 5/1/24 | | 7,810 | 8,221 |
47
Short-Term Tax-Exempt Fund
| | | | | Face | Market |
| | | Maturity | | Amount | Value· |
| | Coupon | Date | | ($000) | ($000) |
| Sherman TX Independent School District GO PUT | 3.000% | 8/1/20 | | 1,525 | 1,543 |
| Southwest Texas Higher Education Authority Inc. Revenue (Southern Methodist University Project) | 5.000% | 10/1/21 | | 500 | 536 |
| Southwest Texas Higher Education Authority Inc. Revenue (Southern Methodist University Project) | 5.000% | 10/1/22 | | 500 | 554 |
| Spring Branch TX Independent School District GO | 5.000% | 2/1/20 | | 1,915 | 1,933 |
| Spring Branch TX Independent School District GO | 5.000% | 2/1/23 | | 1,500 | 1,680 |
| Spring Branch TX Independent School District GO PUT | 1.550% | 6/15/21 | | 5,500 | 5,515 |
1 | Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Baylor Scott & White Healthcare Project) TOB VRDO | 1.150% | 11/7/19 | | 9,240 | 9,240 |
1 | Tarrant County TX Cultural Education Facilities Finance Corp. Hospital Revenue (Scott & White Healthcare Project) TOB VRDO | 1.240% | 11/7/19 | | 3,900 | 3,900 |
| Tarrant County TX Cultural Education Facilities Finance Corp. Revenue (CHRISTUS Health) | 5.000% | 7/1/20 | | 500 | 512 |
| Tarrant County TX Cultural Education Facilities Finance Corp. Revenue (CHRISTUS Health) | 5.000% | 7/1/21 | | 1,105 | 1,171 |
| Tarrant County TX Cultural Education Facilities Finance Corp. Revenue (CHRISTUS Health) | 5.000% | 7/1/22 | | 875 | 955 |
| Tarrant County TX Cultural Education Facilities Finance Corp. Revenue (CHRISTUS Health) | 5.000% | 7/1/23 | | 750 | 843 |
| Tarrant County TX Cultural Education Facilities Finance Corp. Revenue (Texas Health Resources) VRDO | 1.170% | 11/7/19 | | 2,000 | 2,000 |
| Temple TX Independent School District GO | 4.000% | 2/1/22 | | 1,120 | 1,159 |
| Texas A&M University Revenue | 4.000% | 5/15/23 | | 2,750 | 3,017 |
| Texas A&M University System Revenue Board of Regents Revenue | 5.000% | 5/15/20 | | 7,000 | 7,143 |
| Texas A&M University System Revenue Board of Regents Revenue | 5.000% | 5/15/21 | | 2,460 | 2,604 |
| Texas A&M University System Revenue Board of Regents Revenue | 5.000% | 5/15/21 | | 1,755 | 1,857 |
| Texas A&M University System Revenue Board of Regents Revenue | 5.000% | 5/15/21 | | 1,000 | 1,058 |
| Texas A&M University System Revenue Board of Regents Revenue | 5.000% | 5/15/23 | | 4,785 | 5,415 |
| Texas City TX Independent School District GO | 5.000% | 8/15/20 | | 560 | 577 |
| Texas City TX Independent School District GO | 5.000% | 8/15/21 | | 500 | 534 |
| Texas City TX Independent School District GO | 5.000% | 8/15/22 | | 225 | 249 |
| Texas City TX Independent School District GO | 5.000% | 8/15/23 | | 595 | 680 |
| Texas GO | 5.000% | 8/1/20 | | 1,000 | 1,028 |
| Texas GO | 5.000% | 8/1/20 | | 1,000 | 1,029 |
| Texas GO | 4.000% | 8/27/20 | | 395,000 | 404,018 |
| Texas GO | 5.000% | 10/1/20 | | 1,250 | 1,294 |
| Texas GO | 5.000% | 8/1/21 | | 1,000 | 1,067 |
| Texas GO VRDO | 1.210% | 11/7/19 | | 23,320 | 23,320 |
| Texas GO VRDO | 1.210% | 11/7/19 | | 57,915 | 57,915 |
| Texas GO VRDO | 1.260% | 11/7/19 | | 9,120 | 9,120 |
| Texas GO VRDO | 1.180% | 11/7/19 | | 54,300 | 54,300 |
| Texas Municipal Gas Acquisition & Supply Corp. Revenue | 5.000% | 12/15/19 | | 1,350 | 1,355 |
| Texas Municipal Gas Acquisition & Supply Corp. Revenue | 5.250% | 12/15/20 | | 7,700 | 8,017 |
| Texas Municipal Gas Acquisition & Supply Corp. Revenue | 5.000% | 12/15/22 | | 1,815 | 1,996 |
| Texas Public Finance Authority Lease Revenue | 5.000% | 2/1/20 | | 3,500 | 3,533 |
| Texas Public Finance Authority Lease Revenue | 5.000% | 2/1/21 | | 2,500 | 2,619 |
| Texas Public Finance Authority Lease Revenue | 5.000% | 2/1/22 | | 2,150 | 2,331 |
| Texas Public Finance Authority Lease Revenue | 5.000% | 2/1/23 | | 865 | 969 |
| Texas Public Finance Authority Lease Revenue | 5.000% | 2/1/24 | | 600 | 693 |
| Texas State University System Financing System Revenue | 5.000% | 3/15/20 | | 4,500 | 4,562 |
| Texas State University System Financing System Revenue | 5.000% | 3/15/21 | | 2,250 | 2,365 |
| Texas Transportation Commission GO | 5.000% | 10/1/20 | | 3,350 | 3,468 |
| Texas Transportation Commission GO | 5.000% | 4/1/21 | | 1,245 | 1,313 |
| Texas Transportation Commission GO | 5.000% | 10/1/21 | | 1,980 | 2,126 |
2 | Texas Transportation Commission GO PUT, SIFMA Municipal Swap Index Yield + 0.300% | 1.420% | 10/1/21 | | 109,275 | 109,283 |
| Texas Transportation Commission Revenue | 5.000% | 4/1/20 | | 4,375 | 4,443 |
3 | Texas Transportation Commission Revenue | 5.000% | 10/1/20 | | 37,270 | 38,559 |
3 | Texas Transportation Commission Revenue | 5.000% | 10/1/20 | | 5,780 | 5,980 |
| Texas Transportation Commission Revenue | 5.000% | 10/1/23 | | 16,920 | 19,370 |
| Texas Transportation Commission Revenue PUT | 4.000% | 10/1/21 | | 6,820 | 7,176 |
| Texas Transportation Commission Turnpike System Revenue PUT | 5.000% | 4/1/20 | | 35,860 | 36,383 |
| Texas Water Development Board Revenue | 5.000% | 4/15/21 | | 4,755 | 5,018 |
| Texas Water Development Board Revenue | 5.000% | 4/15/21 | | 3,750 | 3,957 |
| Texas Water Development Board Revenue | 5.000% | 8/1/21 | | 4,375 | 4,666 |
| Texas Water Development Board Revenue | 5.000% | 10/15/21 | | 15,830 | 16,994 |
| Texas Water Development Board Revenue | 5.000% | 4/15/22 | | 2,000 | 2,186 |
| Texas Water Development Board Revenue | 5.000% | 4/15/22 | | 6,095 | 6,661 |
| Texas Water Development Board Revenue | 5.000% | 4/15/22 | | 4,750 | 5,191 |
| Texas Water Development Board Revenue | 5.000% | 8/1/22 | | 4,100 | 4,525 |
| Texas Water Development Board Revenue | 5.000% | 10/15/22 | | 11,305 | 12,562 |
| Texas Water Development Board Revenue | 5.000% | 4/15/23 | | 1,445 | 1,630 |
| Texas Water Development Board Revenue | 5.000% | 10/15/23 | | 2,600 | 2,981 |
1 | Texas Water Development Board TOB VRDO | 1.140% | 11/7/19 | | 17,815 | 17,815 |
| Texas Water Financial Assistance GO | 5.000% | 8/1/20 | | 1,825 | 1,877 |
48
Short-Term Tax-Exempt Fund
| | | | | Face | Market |
| | | Maturity | | Amount | Value· |
| | Coupon | Date | | ($000) | ($000) |
| Texas Water Financial Assistance GO | 5.000% | 8/1/20 | | 2,500 | 2,572 |
| Texas Water Financial Assistance GO | 5.000% | 8/1/20 | | 6,935 | 7,134 |
| Texas Water Financial Assistance GO | 5.000% | 8/1/21 | (Prere.) | 315 | 335 |
| Texas Water Financial Assistance GO | 5.000% | 8/1/21 | (Prere.) | 270 | 287 |
| Texas Water Financial Assistance GO | 5.000% | 8/1/21 | | 1,000 | 1,067 |
| Texas Water Financial Assistance GO | 5.000% | 8/1/21 | | 2,000 | 2,135 |
| Texas Water Financial Assistance GO | 5.000% | 8/1/22 | | 2,185 | 2,331 |
| Texas Water Financial Assistance GO | 5.000% | 8/1/22 | | 1,670 | 1,781 |
| Texas Water Financial Assistance GO | 5.000% | 8/1/22 | | 1,520 | 1,621 |
| Texas Water Financial Assistance GO | 5.000% | 8/1/22 | | 5,600 | 5,974 |
| Texas Water Financial Assistance GO | 5.000% | 8/1/22 | | 965 | 1,066 |
| Texas Water Financial Assistance GO | 5.000% | 8/1/22 | | 3,035 | 3,352 |
| Texas Water Financial Assistance GO | 5.000% | 8/1/23 | | 1,790 | 1,909 |
| Texas Water Financial Assistance GO VRDO | 1.850% | 11/7/19 | | 2,000 | 2,006 |
| Texas Water Financial Assistance GO VRDO | 2.250% | 11/7/19 | | 9,000 | 9,059 |
| Tomball TX Independent School District GO PUT | 2.125% | 8/15/21 | | 1,000 | 1,014 |
| Tomball TX Independent School District GO PUT | 1.350% | 8/15/22 | | 6,500 | 6,472 |
| Travis TX GO | 2.000% | 3/1/21 | | 5,420 | 5,483 |
| Travis TX GO | 2.000% | 3/1/22 | | 5,530 | 5,634 |
| Trinity River Authority of Texas Regional Wastewater System Revenue | 5.000% | 8/1/20 | | 1,000 | 1,028 |
| Trinity River Authority of Texas Regional Wastewater System Revenue | 5.000% | 8/1/21 | | 1,000 | 1,065 |
| Trinity River Authority of Texas Regional Wastewater System Revenue | 3.000% | 8/1/22 | | 2,045 | 2,144 |
4 | Trinity River Authority of Texas Regional Wastewater System Revenue | 5.000% | 8/1/22 | | 1,250 | 1,373 |
| Trinity River Authority of Texas Regional Wastewater System Revenue | 5.000% | 8/1/22 | | 2,020 | 2,226 |
4 | Trinity River Authority of Texas Regional Wastewater System Revenue | 5.000% | 8/1/23 | | 1,520 | 1,723 |
4 | Trinity River Authority of Texas Regional Wastewater System Revenue | 5.000% | 8/1/24 | | 1,000 | 1,168 |
| United TX Independent School District GO | 5.000% | 8/15/21 | | 2,305 | 2,461 |
| United TX Independent School District GO | 5.000% | 8/15/22 | | 2,855 | 3,146 |
| United TX Independent School District GO | 5.000% | 8/15/23 | | 3,415 | 3,884 |
| United TX Independent School District GO | 5.000% | 8/15/24 | | 685 | 804 |
| University of North Texas Revenue | 5.000% | 4/15/20 | | 1,650 | 1,679 |
| University of Texas Permanent University Fund Revenue | 5.000% | 7/1/20 | | 1,000 | 1,025 |
| University of Texas Permanent University Fund Revenue | 5.000% | 7/1/21 | | 2,415 | 2,567 |
| University of Texas Permanent University Fund Revenue | 5.250% | 7/1/21 | | 1,650 | 1,761 |
| University of Texas Revenue | 5.000% | 8/15/22 | | 970 | 1,072 |
| University of Texas System Revenue Financing System Revenue | 5.000% | 2/15/20 | (Prere.) | 3,500 | 3,538 |
| University of Texas System Revenue Financing System Revenue | 5.000% | 8/15/20 | | 3,660 | 3,769 |
| University of Texas System Revenue Financing System Revenue | 5.000% | 8/15/20 | | 5,100 | 5,251 |
| University of Texas System Revenue Financing System Revenue | 5.000% | 8/15/20 | | 3,135 | 3,228 |
| University of Texas System Revenue Financing System Revenue | 5.000% | 8/15/20 | | 1,000 | 1,030 |
| University of Texas System Revenue Financing System Revenue | 5.000% | 8/15/21 | | 1,880 | 2,007 |
| University of Texas System Revenue Financing System Revenue | 5.000% | 8/15/22 | | 2,285 | 2,525 |
| University of Texas System Revenue Financing System Revenue | 5.000% | 8/15/23 | | 1,000 | 1,141 |
| Williamson County TX GO | 5.000% | 2/15/20 | | 1,055 | 1,066 |
| | | | | | 2,557,612 |
Utah (0.4%) | | | | | |
| University of Utah Revenue | 5.000% | 8/1/22 | | 1,525 | 1,683 |
| Utah County UT Hospital Revenue (IHC Health Services) PUT | 5.000% | 8/1/22 | | 32,000 | 34,844 |
| Utah GO | 5.000% | 7/1/20 | | 10,075 | 10,330 |
| Utah Transit Authority Sales Tax Revenue | 5.250% | 6/15/20 | (4) | 1,035 | 1,061 |
| Utah Transit Authority Sales Tax Revenue | 5.000% | 6/15/21 | | 5,000 | 5,308 |
| Utah Water Finance Agency Revenue VRDO | 1.150% | 11/7/19 | | 12,600 | 12,600 |
| | | | | | 65,826 |
Vermont (0.0%) | | | | | |
| University of Vermont & State Agricultural College GO | 5.000% | 10/1/23 | | 330 | 377 |
| University of Vermont & State Agricultural College GO | 5.000% | 10/1/24 | | 450 | 529 |
| Vermont Educational & Health Buildings Financing Agency Hospital Revenue (Fletcher Allen Health Care Project) VRDO | 1.120% | 11/7/19 | LOC | 3,350 | 3,350 |
| Vermont Educational & Health Buildings Financing Agency Revenue (University of Vermont Health Network) | 4.000% | 12/1/19 | | 475 | 476 |
| Vermont Educational & Health Buildings Financing Agency Revenue (University of Vermont Health Network) | 4.000% | 12/1/20 | | 600 | 617 |
| Vermont Municipal Bond Bank Revenue | 5.000% | 10/1/21 | | 1,040 | 1,116 |
| Vermont Municipal Bond Bank Revenue | 5.000% | 10/1/22 | | 500 | 555 |
| | | | | | 7,020 |
Virginia (2.6%) | | | | | |
| Alexandria VA GO | 5.000% | 7/1/21 | | 1,850 | 1,969 |
| Alexandria VA GO | 5.000% | 7/15/21 | | 1,985 | 2,115 |
| Arlington County VA GO | 5.000% | 8/15/20 | �� | 10,000 | 10,299 |
| Chesapeake Bay VA Bridge & Tunnel District Revenue | 5.000% | 11/1/23 | | 30,000 | 34,093 |
49
Short-Term Tax-Exempt Fund
| | | | | Face | Market |
| | | Maturity | | Amount | Value· |
| | Coupon | Date | | ($000) | ($000) |
| Chesapeake VA Economic Development Authority Pollution Control Revenue PUT | 1.900% | 6/1/23 | | 2,125 | 2,154 |
| Chesapeake VA Hospital Authority Revenue (Chesapeake Regional Medical Center) | 4.000% | 7/1/22 | | 650 | 697 |
| Chesterfield County VA GO | 5.000% | 1/1/23 | | 2,550 | 2,855 |
| Chesterfield County VA Water & Sewer Revenue | 5.000% | 11/1/22 | | 6,000 | 6,681 |
| Fairfax County VA GO | 4.000% | 4/1/20 | | 2,355 | 2,383 |
| Fairfax County VA GO | 5.000% | 10/1/20 | | 11,320 | 11,719 |
| Fairfax County VA GO | 4.000% | 10/1/21 | | 3,820 | 4,030 |
| Fairfax County VA Industrial Development Authority Health Care Revenue (Inova Health System Obligated Group) PUT | 5.000% | 5/15/23 | | 14,500 | 16,339 |
| Fairfax County VA Public Improvement GO | 5.000% | 10/1/22 | | 10,315 | 11,075 |
| Henrico County VA Economic Development Authority Revenue (Westminster-Canterbury Corp. Obligated Group) | 5.000% | 10/1/21 | | 1,000 | 1,065 |
| Henrico County VA GO | 5.000% | 8/1/20 | | 4,185 | 4,306 |
| Henrico County VA GO | 5.000% | 8/1/21 | | 5,115 | 5,462 |
| Henrico County VA Water & Sewer Revenue | 5.000% | 5/1/22 | | 1,315 | 1,440 |
| Lexington VA Industrial Development Authority Residential Care Facility Revenue (Kendall at Lexington Corp.) | 3.000% | 1/1/20 | | 450 | 451 |
| Loudoun County VA GO | 5.000% | 12/1/22 | | 5,125 | 5,724 |
| Loudoun County VA GO | 5.000% | 12/1/23 | | 4,670 | 5,213 |
| Loudoun County VA GO | 5.000% | 12/1/23 | | 5,000 | 5,766 |
| Louisa VA Industrial Development Authority Poll Control Revenue (Virginia Electric & Power Co.) PUT | 1.800% | 4/1/22 | | 3,515 | 3,534 |
| Louisa VA Industrial Development Authority Poll Control Revenue (Virginia Electric & Power Co.) PUT | 1.900% | 6/1/23 | | 4,000 | 4,046 |
| Lynchburg VA Economic Development Authority Hospital Revenue (Centra Health Obligated Group) | 5.000% | 1/1/20 | | 500 | 503 |
| Lynchburg VA Economic Development Authority Hospital Revenue (Centra Health Obligated Group) | 5.000% | 1/1/21 | | 1,010 | 1,052 |
| Lynchburg VA Economic Development Authority Hospital Revenue (Centra Health Obligated Group) | 5.000% | 1/1/22 | | 900 | 970 |
| Newport News VA Economical Development Authority Residential Care Facilities Revenue | 4.000% | 12/1/19 | | 1,215 | 1,217 |
| Newport News VA Economical Development Authority Residential Care Facilities Revenue | 4.000% | 12/1/20 | | 2,705 | 2,756 |
1 | Norfolk VA Economic Development Authority Hospital Facilities Revenue (Sentara Healthcare)TOB VRDO | 1.150% | 11/7/19 | | 12,860 | 12,860 |
| Peninsula Town Center VA Community Development Authority Revenue | 4.000% | 9/1/23 | | 220 | 229 |
| Roanoke VA Economic Development Authority Hospital Revenue (Carilion Clinic Obligated Group) VRDO | 1.150% | 11/7/19 | | 123,110 | 123,110 |
| Virginia Beach VA GO | 5.000% | 2/1/21 | | 1,775 | 1,860 |
| Virginia Beach VA GO | 5.000% | 4/1/22 | | 1,685 | 1,840 |
| Virginia Beach VA GO | 5.000% | 7/15/22 | | 5,485 | 6,046 |
| Virginia Beach VA GO | 5.000% | 7/15/22 | | 4,430 | 4,883 |
| Virginia Beach VA GO | 5.000% | 9/15/22 | | 2,000 | 2,217 |
| Virginia Beach VA GO | 5.000% | 7/15/23 | | 2,755 | 3,137 |
| Virginia Beach VA GO | 5.000% | 7/15/23 | | 2,455 | 2,796 |
| Virginia College Building Authority Educational Facilities Revenue (21st Century College & Equipment Programs) | 5.000% | 2/1/21 | | 5,930 | 6,215 |
| Virginia College Building Authority Educational Facilities Revenue (21st Century College & Equipment Programs) | 5.000% | 2/1/21 | | 4,720 | 4,947 |
| Virginia College Building Authority Educational Facilities Revenue (21st Century College & Equipment Programs) | 5.000% | 2/1/21 | (ETM) | 95 | 99 |
| Virginia College Building Authority Educational Facilities Revenue (21st Century College & Equipment Programs) | 5.000% | 2/1/21 | | 2,140 | 2,243 |
| Virginia College Building Authority Educational Facilities Revenue (21st Century College & Equipment Programs) | 5.000% | 2/1/21 | | 500 | 524 |
| Virginia College Building Authority Educational Facilities Revenue (21st Century College & Equipment Programs) | 5.000% | 2/1/21 | | 5,905 | 6,189 |
| Virginia College Building Authority Educational Facilities Revenue (21st Century College & Equipment Programs) | 5.000% | 2/1/22 | | 7,780 | 8,444 |
| Virginia College Building Authority Educational Facilities Revenue (21st Century College & Equipment Programs) | 5.000% | 2/1/22 | | 6,195 | 6,724 |
| Virginia College Building Authority Educational Facilities Revenue (21st Century College & Equipment Programs) | 5.000% | 2/1/23 | (Prere.) | 1,675 | 1,881 |
| Virginia College Building Authority Educational Facilities Revenue (21st Century College & Equipment Programs) | 5.000% | 2/1/23 | | 18,420 | 20,666 |
| Virginia Commonwealth Transportation Board Revenue | 5.000% | 5/15/20 | | 7,095 | 7,240 |
| Virginia Commonwealth Transportation Board Revenue | 5.000% | 5/15/21 | | 5,450 | 5,770 |
| Virginia Commonwealth Transportation Board Revenue | 5.000% | 5/15/21 | | 3,575 | 3,785 |
| Virginia Commonwealth Transportation Board Revenue | 5.000% | 5/15/22 | | 1,790 | 1,961 |
| Virginia Commonwealth Transportation Board Revenue | 5.000% | 5/15/22 | | 1,855 | 2,033 |
| Virginia Commonwealth Transportation Board Revenue (Corridor Development Program) | 5.000% | 5/15/21 | | 1,950 | 2,064 |
| Virginia GO | 5.000% | 6/1/21 | | 1,000 | 1,061 |
50
Short-Term Tax-Exempt Fund
| | | | | Face | Market |
| | | Maturity | | Amount | Value· |
| | Coupon | Date | | ($000) | ($000) |
1 | Virginia GO PUT | 1.240% | 1/30/20 | | 9,175 | 9,175 |
| Virginia Public Building Authority Public Facilities Revenue | 5.000% | 8/1/21 | | 1,000 | 1,067 |
| Virginia Public Building Authority Revenue | 5.000% | 8/1/21 | | 5,405 | 5,769 |
| Virginia Public Building Authority Revenue | 5.000% | 8/1/22 | | 5,685 | 6,271 |
| Virginia Public School Authority Revenue | 5.000% | 3/1/21 | | 5,795 | 6,089 |
| Virginia Public School Authority Revenue | 5.000% | 7/15/21 | | 1,250 | 1,331 |
| Virginia Public School Authority Revenue | 5.000% | 8/1/21 | | 1,115 | 1,188 |
| Virginia Public School Authority Revenue | 5.000% | 3/1/22 | | 5,795 | 6,309 |
| Virginia Public School Authority Revenue | 5.000% | 8/1/22 | | 1,500 | 1,656 |
| Virginia Resources Authority Infrastructure Revenue | 5.000% | 11/1/21 | | 1,580 | 1,700 |
| Wise County VA Industrial Development Authority Solid Waste & Sewage Disposal Revenue (Virginia Electric & Power Co.) PUT | 2.150% | 9/1/20 | | 1,750 | 1,761 |
| York County VA Economic Development Authority Pollution Control Revenue (VA Electric & Power Co. Project) PUT | 1.900% | 6/1/23 | | 4,000 | 4,037 |
| | | | | | 437,091 |
Washington (2.1%) | | | | | |
| Central Puget Sound WA Regional Transit Authority Sales & Use Tax Revenue | 5.000% | 11/1/23 | | 500 | 556 |
2 | Central Puget Sound WA Regional Transit Authority Sales & Use Tax Revenue PUT, SIFMA Municipal Swap Index Yield + 0.300% | 1.420% | 11/1/21 | | 14,575 | 14,573 |
| Clark County WA School District No. 114 (Evergreen) GO | 5.000% | 12/1/22 | | 2,500 | 2,787 |
| Clark County WA School District No. 114 (Evergreen) GO | 5.000% | 12/1/23 | | 2,500 | 2,873 |
2 | Everett WA GO PUT, SIFMA Municipal Swap Index Yield + 0.400% | 1.520% | 12/1/19 | | 2,855 | 2,855 |
| Grant County WA Public Utility District No. 2 Electric System Revenue | 5.000% | 1/1/22 | | 600 | 648 |
| Grant County WA Public Utility District No. 2 Electric System Revenue PUT | 2.000% | 12/2/20 | | 1,065 | 1,069 |
| King County WA (Bellevue School District) GO | 5.000% | 12/1/23 | | 1,800 | 2,071 |
| King County WA GO | 5.000% | 12/1/19 | | 2,885 | 2,893 |
| King County WA School District No. 414 GO | 4.000% | 12/1/19 | | 1,020 | 1,022 |
| King County WA School District No. 414 GO | 5.000% | 12/1/21 | | 1,000 | 1,079 |
| King County WA Sewer Revenue | 5.000% | 7/1/22 | | 1,500 | 1,651 |
| King County WA Sewer Revenue PUT | 2.450% | 12/1/20 | | 35,000 | 35,173 |
| King County WA Sewer Revenue PUT | 2.600% | 12/1/21 | | 21,125 | 21,401 |
| Pierce County WA School District No. 10 (Tacoma) GO | 5.000% | 12/1/19 | | 3,500 | 3,510 |
| Port of Seattle WA Revenue | 5.000% | 1/1/20 | | 2,350 | 2,364 |
| Port of Seattle WA Revenue | 5.000% | 1/1/21 | | 1,345 | 1,405 |
| Seattle WA Drain and Wastewater Revenue | 5.000% | 7/1/21 | | 4,895 | 5,206 |
| Seattle WA GO | 5.000% | 6/1/20 | | 4,360 | 4,457 |
| Seattle WA Municipal Light & Power Revenue | 5.000% | 2/1/21 | (Prere.) | 1,355 | 1,420 |
| Seattle WA Municipal Light & Power Revenue | 5.000% | 4/1/21 | | 1,000 | 1,054 |
| Seattle WA Municipal Light & Power Revenue | 5.000% | 2/1/23 | | 7,630 | 7,701 |
2 | Seattle WA Municipal Light & Power Revenue PUT, SIFMA Municipal Swap Index Yield + 0.290% | 1.410% | 11/1/21 | | 24,850 | 24,871 |
| Seattle WA Water System Revenue | 5.000% | 5/1/20 | | 4,000 | 4,075 |
| Seattle WA Water System Revenue | 5.000% | 5/1/21 | | 1,180 | 1,248 |
| Spokane WA Water & Wastewater System Revenue | 5.000% | 12/1/22 | | 6,435 | 7,181 |
| Tobacco Settlement Authority Washington Revenue | 5.000% | 6/1/22 | | 750 | 814 |
| Tobacco Settlement Authority Washington Revenue | 5.000% | 6/1/23 | | 710 | 793 |
| University of Washington Revenue PUT | 5.000% | 5/1/22 | | 11,920 | 12,780 |
| Washington (Motor Vehicle Fuel Tax) GO | 5.000% | 7/1/20 | | 4,890 | 5,014 |
| Washington (Motor Vehicle Fuel Tax) GO | 5.000% | 6/1/22 | | 5,775 | 6,123 |
| Washington (Motor Vehicle Fuel Tax) GO | 5.000% | 7/1/22 | | 1,680 | 1,786 |
| Washington (Motor Vehicle Fuel Tax) GO | 5.000% | 7/1/23 | | 13,715 | 15,088 |
| Washington (Motor Vehicle Fuel Tax) GO | 5.000% | 7/1/23 | | 2,215 | 2,518 |
| Washington COP | 5.000% | 7/1/21 | | 5,010 | 5,322 |
| Washington GO | 5.000% | 8/1/20 | | 3,155 | 3,245 |
| Washington GO | 5.000% | 1/1/21 | | 2,000 | 2,089 |
| Washington GO | 5.000% | 7/1/21 | | 4,195 | 4,301 |
| Washington GO | 5.000% | 8/1/21 | | 12,720 | 13,569 |
| Washington GO | 5.000% | 8/1/21 | | 22,540 | 24,044 |
| Washington GO | 5.000% | 8/1/21 | | 1,240 | 1,323 |
| Washington GO | 5.000% | 2/1/22 | | 1,500 | 1,628 |
| Washington GO | 5.000% | 7/1/22 | | 9,720 | 10,334 |
| Washington GO | 5.000% | 7/1/22 | | 2,260 | 2,489 |
| Washington GO | 5.000% | 8/1/22 | | 5,530 | 6,107 |
| Washington GO | 5.000% | 1/1/23 | | 6,340 | 7,094 |
| Washington GO | 5.000% | 2/1/23 | | 1,115 | 1,168 |
| Washington GO | 5.000% | 7/1/23 | | 15,950 | 17,547 |
| Washington GO | 5.000% | 1/1/24 | | 3,625 | 4,183 |
| Washington GO | 5.000% | 1/1/24 | | 4,500 | 5,193 |
| Washington GO | 5.000% | 7/1/24 | | 1,000 | 1,100 |
| Washington Health Care Facilities Authority Revenue (CommonSpirit Health) PUT | 5.000% | 8/1/24 | | 5,500 | 6,255 |
1 | Washington Health Care Facilities Authority Revenue (MultiCare Health System) TOB VRDO | 1.150% | 11/7/19 | | 7,875 | 7,875 |
| Washington Health Care Facilities Authority Revenue (Providence Health & Services) PUT | 5.000% | 10/1/21 | | 6,165 | 6,589 |
51
Short-Term Tax-Exempt Fund
| | | | | Face | Market |
| | | Maturity | | Amount | Value· |
| | Coupon | Date | | ($000) | ($000) |
| Washington Higher Education Facilities Authority Revenue (Whitman College Project) VRDO | 1.180% | 11/7/19 | | 14,485 | 14,485 |
| Washington Housing Finance Commission Multi-Family Housing Revenue (The Hearthstone Project) | 3.500% | 7/1/23 | | 1,505 | 1,525 |
| Washington Housing Finance Commission Revenue (SAG Preservation Portfolio Projects) PUT | 2.550% | 7/1/21 | | 3,125 | 3,164 |
| Washington State University General Revenue | 5.000% | 10/1/21 | | 590 | 633 |
| Washington State University General Revenue | 5.000% | 10/1/23 | | 350 | 401 |
| | | | | | 351,722 |
West Virginia (0.3%) | | | | | |
1 | West Virginia Economic Development Authority Lottery Revenue TOB VRDO | 1.220% | 11/7/19 | | 7,210 | 7,210 |
| West Virginia Economic Development Authority Solid Waste Facilities Disposal Revenue (Appalachian Power Co. – Amos Project) PUT | 2.625% | 6/1/22 | | 5,000 | 5,133 |
| West Virginia Economic Development Authority Solid Waste Facilities Disposal Revenue (Appalachian Power Co. – Amos Project) PUT | 2.625% | 6/1/22 | | 7,310 | 7,504 |
| West Virginia Economic Development Authority Solid Waste Facilities Disposal Revenue (Appalachian Power Co. – Amos Project) PUT | 2.550% | 4/1/24 | | 10,000 | 10,385 |
| West Virginia GO | 5.000% | 6/1/20 | | 1,400 | 1,431 |
| West Virginia GO | 5.000% | 6/1/22 | | 3,610 | 3,962 |
| West Virginia GO | 5.000% | 12/1/22 | | 2,645 | 2,951 |
| West Virginia Hospital Finance Authority Hospital Revenue (Cabell Huntington Hospital Inc.) | 5.000% | 1/1/20 | | 400 | 402 |
| West Virginia Hospital Finance Authority Hospital Revenue (Cabell Huntington Hospital Inc.) | 5.000% | 1/1/21 | | 570 | 593 |
| West Virginia Hospital Finance Authority Hospital Revenue (Cabell Huntington Hospital Inc.) | 5.000% | 1/1/23 | | 1,075 | 1,187 |
| West Virginia State School Building Authority Lottery Revenue | 5.000% | 7/1/21 | | 2,030 | 2,157 |
| West Virginia State School Building Authority Lottery Revenue | 5.000% | 7/1/22 | | 2,130 | 2,340 |
| West Virginia University Revenue | 5.000% | 10/1/22 | | 3,675 | 3,931 |
| | | | | | 49,186 |
Wisconsin (0.9%) | | | | | |
| DeForest WI Area School District GO | 5.000% | 4/1/21 | | 550 | 579 |
| Madison WI GO | 4.000% | 10/1/22 | | 8,045 | 8,682 |
| Madison WI GO | 3.000% | 10/1/23 | | 8,040 | 8,579 |
| Milwaukee WI GO | 4.000% | 3/1/20 | | 13,130 | 13,251 |
| Waukesha WI School District GO | 3.000% | 4/1/21 | | 800 | 820 |
| Waukesha WI School District GO | 3.000% | 4/1/22 | | 1,100 | 1,147 |
| Waukesha WI School District GO | 3.000% | 4/1/23 | | 1,200 | 1,269 |
| Wisconsin General Fund Annual Appropriation Revenue | 5.000% | 5/1/21 | | 3,250 | 3,436 |
| Wisconsin General Fund Annual Appropriation Revenue | 5.000% | 5/1/22 | | 8,100 | 8,868 |
| Wisconsin GO | 5.000% | 5/1/21 | | 1,250 | 1,322 |
| Wisconsin GO | 5.000% | 11/1/21 | | 5,000 | 5,383 |
| Wisconsin GO | 5.000% | 11/1/22 | | 1,000 | 1,076 |
2 | Wisconsin Health & Educational Facilities Authority Revenue (Advocate Aurora Health Obligated Group) PUT, SIFMA Municipal Swap Index Yield + 0.350% | 1.470% | 7/28/21 | | 4,000 | 3,993 |
| Wisconsin Health & Educational Facilities Authority Revenue (Agnesian HealthCare Inc.) | 5.000% | 7/1/20 | | 300 | 307 |
| Wisconsin Health & Educational Facilities Authority Revenue (Agnesian HealthCare Inc.) | 5.000% | 7/1/22 | | 1,000 | 1,090 |
| Wisconsin Health & Educational Facilities Authority Revenue (Ascension Health Alliance Credit Group) PUT | 1.375% | 12/3/19 | | 18,095 | 18,097 |
| Wisconsin Health & Educational Facilities Authority Revenue (Ascension Health Alliance Credit Group) PUT | 5.000% | 6/1/21 | | 550 | 583 |
| Wisconsin Health & Educational Facilities Authority Revenue (Froedtert Health Inc.) | 5.000% | 4/1/20 | | 1,000 | 1,015 |
| Wisconsin Health & Educational Facilities Authority Revenue (Froedtert Health Inc.) | 5.000% | 4/1/21 | | 1,000 | 1,051 |
| Wisconsin Health & Educational Facilities Authority Revenue (Mequon Jewish Project) VRDO | 1.150% | 11/7/19 | LOC | 13,520 | 13,520 |
| Wisconsin Health & Educational Facilities Authority Revenue (University of Wisconsin Medical Foundation) VRDO | 1.110% | 11/7/19 | LOC | 25 | 25 |
| Wisconsin Housing & Economic Development Authority Revenue PUT | 1.950% | 5/1/20 | | 3,575 | 3,578 |
1 | Wisconsin Public Finance Authority Lease Development Revenue (KU Campus Development Corp. – Central District Development Project) TOB VRDO | 1.230% | 11/7/19 | | 37,325 | 37,325 |
| Wisconsin Public Finance Authority Revenue (Church Home of Hartford Inc.) | 4.000% | 9/1/20 | | 110 | 111 |
| Wisconsin Public Finance Authority Revenue (Retirement Housing Foundation National Obligated Group) | 5.000% | 11/15/19 | | 440 | 440 |
| Wisconsin Public Finance Authority Revenue (Retirement Housing Foundation National Obligated Group) | 5.000% | 11/15/20 | | 425 | 438 |
| Wisconsin Public Finance Authority Revenue (Retirement Housing Foundation National Obligated Group) | 5.000% | 11/15/21 | | 750 | 791 |
| Wisconsin Public Finance Authority Revenue (Retirement Housing Foundation National Obligated Group) | 5.000% | 11/15/22 | | 750 | 808 |
| Wisconsin Transportation Revenue | 5.000% | 7/1/22 | | 9,415 | 10,360 |
| | | | | | 147,944 |
Wyoming (0.0%) | | | | | |
2 | Wyoming Community Development Authority PUT, SIFMA Municipal Swap Index Yield + 0.320% | 1.440% | 9/1/21 | | 4,000 | 4,005 |
Total Tax-Exempt Municipal Bonds (Cost $16,470,903) | | | 16,564,667 |
52
Short-Term Tax-Exempt Fund
| | | | | | Market | |
| | | | | | Value· | |
| | Coupon | | Shares | | ($000 | ) |
Temporary Cash Investment (3.0%) | | | | | | | |
Money Market Fund (3.0%) | | | | | | | |
6 Vanguard Municipal Cash Management Fund (Cost $510,827) | | 1.198% | | 5,108,068 | | 510,858 | |
Total Investments (101.5%) (Cost $16,981,730) | | | | | | 17,075,525 | |
| | | | | | | |
| | | | | | Amount | |
| | | | | | ($000 | ) |
Other Assets and Liabilities (-1.5%) | | | | | | | |
Other Assets | | | | | | | |
Investment in Vanguard | | | | | | 788 | |
Receivables for Investment Securities Sold | | | | | | 40,343 | |
Receivables for Accrued Income | | | | | | 137,418 | |
Receivables for Capital Shares Issued | | | | | | 11,119 | |
Variation Margin Receivable—Futures Contracts | | | | | | 589 | |
Other Assets | | | | | | 29,135 | |
Total Other Assets | | | | | | 219,392 | |
Liabilities | | | | | | | |
Payables for Investment Securities Purchased | | | | | | (441,309 | ) |
Payables for Capital Shares Redeemed | | | | | | (20,960 | ) |
Payables for Distributions | | | | | | (5,726 | ) |
Payables to Vanguard | | | | | | (5,242 | ) |
Variation Margin Payable—Futures Contracts | | | | | | (17 | ) |
Total Liabilities | | | | | | (473,254 | ) |
Net Assets (100%) | | | | | | 16,821,663 | |
At October 31, 2019, net assets consisted of:
| | Amount | |
| | ($000 | ) |
Paid-in Capital | | 16,755,441 | |
Total Distributable Earnings (Loss) | | 66,222 | |
Net Assets | | 16,821,663 | |
| | | |
Investor Shares – Net Assets | | | |
Applicable to 59,648,335 outstanding $.001 par value shares of beneficial interest (unlimited authorization) | | 944,856 | |
Net Asset Value Per Share – Investor Shares | | $15.84 | |
| | | |
Admiral Shares – Net Assets | | | |
Applicable to 1,002,296,603 outstanding $.001 par value shares of beneficial interest (unlimited authorization) | | 15,876,807 | |
Net Asset Value Per Share – Admiral Shares | | $15.84 | |
· See Note A in Notes to Financial Statements.
1 Security exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At October 31, 2019, the aggregate value of these securities was $2,764,923,000, representing 16.4% of net assets.
2 Adjustable-rate security; rate shown is effective rate at period end. Certain adjustable-rate securities are not based on a published reference rate and spread but are determined by the issuer or agent based on current market conditions.
3 Securities with a value of $1,651,000 have been segregated as initial margin for open futures contracts.
4 Security purchased on a when-issued or delayed-delivery basis for which the fund has not taken delivery as of October 31, 2019.
5 The issuer was placed under federal conservatorship in September 2008; since that time, its daily operations have been managed by the Federal Housing Finance Agency and it receives capital from the U.S. Treasury, as needed to maintain a positive net worth, in exchange for senior preferred stock.
6 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.
A key to abbreviations and other references follows the Statement of Net Assets.
See accompanying Notes, which are an integral part of the Financial Statements.
53
Short-Term Tax-Exempt Fund
Key to Abbreviations
ARS—Auction Rate Security.
BAN—Bond Anticipation Note.
CMT—Constant Maturing Treasury Rate.
COP—Certificate of Participation.
CP—Commercial Paper.
FR—Floating Rate.
GAN—Grant Anticipation Note.
GO—General Obligation Bond.
LIBOR—London Interbank Offered Rate.
PILOT—Payments in Lieu of Taxes.
PUT—Put Option Obligation.
RAN—Revenue Anticipation Note.
SIFMA—Securities Industry and Financial Markets Association.
SOFR—Secured Overnight Financing Rate.
TAN—Tax Anticipation Note.
TOB—Tender Option Bond.
TRAN—Tax Revenue Anticipation Note.
VRDO—Variable Rate Demand Obligation.
VRDP—Variable Rate Demand Preferred.
(ETM)—Escrowed to Maturity.
(Prere.)—Prerefunded.
Scheduled principal and interest payments are guaranteed by:
(1) MBIA (Municipal Bond Investors Assurance).
(2) AMBAC (Ambac Assurance Corporation).
(3) FGIC (Financial Guaranty Insurance Company).
(4) AGM (Assured Guaranty Municipal Corporation).
(5) BIGI (Bond Investors Guaranty Insurance).
(6) Connie Lee Inc.
(7) FHA (Federal Housing Authority).
(8) CapMAC (Capital Markets Assurance Corporation).
(9) American Capital Access Financial Guaranty Corporation.
(10) XL Capital Assurance Inc.
(11) CIFG (CDC IXIS Financial Guaranty).
(12) AGC (Assured Guaranty Corporation).
(13) BHAC (Berkshire Hathaway Assurance Corporation).
(14) NPFG (National Public Finance Guarantee Corporation).
(15) BAM (Build America Mutual Assurance Company).
(16) MAC (Municipal Assurance Corporation).
(17) RAA (Radian Asset Assurance Inc.).
(18) SBLF (Michigan School Bond Loan Fund).
(19) TPSF (Texas Permanent School Fund).
The insurance does not guarantee the market value of the municipal bonds.
LOC—Scheduled principal and interest payments are guaranteed by bank letter of credit.
54
Short-Term Tax-Exempt Fund
| | | | | | | | | |
Derivative Financial Instruments Outstanding as of Period End | | | | | |
| | | | | | | | | |
Futures Contracts | | | | | | | | | |
| | | | | | | | ($000 | ) |
| | | | | | | | Value and | |
| | | | Number of | | | | Unrealized | |
| | | | Long (Short | ) | Notional | | Appreciation | |
| | Expiration | | Contracts | | Amount | | (Depreciation | ) |
Long Futures Contracts | | | | | | | | | |
2-Year U.S. Treasury Note | | December 2019 | | 815 | | 175,715 | | 75 | |
5-Year U.S. Treasury Note | | December 2019 | | 679 | | 80,939 | | (17 | ) |
| | | | | | | | 58 | |
See accompanying Notes, which are an integral part of the Financial Statements.
55
Short-Term Tax-Exempt Fund
Statement of Operations
| | Year Ended | |
| | October 31, 2019 | |
| | ($000 | ) |
Investment Income | | | |
Income | | | |
Interest1 | | 301,726 | |
Total Income | | 301,726 | |
Expenses | | | |
The Vanguard Group—Note B | | | |
Investment Advisory Services | | 2,366 | |
Management and Administrative—Investor Shares | | 1,359 | |
Management and Administrative—Admiral Shares | | 10,802 | |
Marketing and Distribution—Investor Shares | | 147 | |
Marketing and Distribution—Admiral Shares | | 1,010 | |
Custodian Fees | | 122 | |
Auditing Fees | | 32 | |
Shareholders’ Reports—Investor Shares | | 40 | |
Shareholders’ Reports—Admiral Shares | | 119 | |
Trustees’ Fees and Expenses | | 7 | |
Total Expenses | | 16,004 | |
Expenses Paid Indirectly | | (121 | ) |
Net Expenses | | 15,883 | |
Net Investment Income | | 285,843 | |
Realized Net Gain (Loss) | | | |
Investment Securities Sold1 | | 2,234 | |
Futures Contracts | | (7,495 | ) |
Realized Net Gain (Loss) | | (5,261 | ) |
Change in Unrealized Appreciation (Depreciation) | | | |
Investment Securities1 | | 179,597 | |
Futures Contracts | | 76 | |
Change in Unrealized Appreciation (Depreciation) | | 179,673 | |
Net Increase (Decrease) in Net Assets Resulting from Operations | | 460,255 | |
1 Interest income, realized net gain (loss), and change in unrealized appreciation (depreciation) from an affiliated company of the fund were $7,014,000, $2,000, and $29,000, respectively. Purchases and sales are for temporary cash investment purposes.
Statement of Changes in Net Assets
| | Year Ended October 31, | |
| | 2019 | | 2018 | |
| | ($000 | ) | ($000 | ) |
Increase (Decrease) in Net Assets | | | | | |
Operations | | | | | |
Net Investment Income | | 285,843 | | 227,450 | |
Realized Net Gain (Loss) | | (5,261 | ) | (22,131 | ) |
Change in Unrealized Appreciation (Depreciation) | | 179,673 | | (89,588 | ) |
Net Increase (Decrease) in Net Assets Resulting from Operations | | 460,255 | | 115,731 | |
Distributions | | | | | |
Net Investment Income | | | | | |
Investor Shares | | (16,155 | ) | (15,088 | ) |
Admiral Shares | | (269,323 | ) | (212,068 | ) |
Realized Capital Gain | | | | | |
Investor Shares | | — | | — | |
Admiral Shares | | — | | — | |
Total Distributions | | (285,478 | ) | (227,156 | ) |
Capital Share Transactions | | | | | |
Investor Shares | | (95,319 | ) | (190,515 | ) |
Admiral Shares | | 530,259 | | 1,385,963 | |
Net Increase (Decrease) from Capital Share Transactions | | 434,940 | | 1,195,448 | |
Total Increase (Decrease) | | 609,717 | | 1,084,023 | |
Net Assets | | | | | |
Beginning of Period | | 16,211,946 | | 15,127,923 | |
End of Period | | 16,821,663 | | 16,211,946 | |
See accompanying Notes, which are an integral part of the Financial Statements.
56
Short-Term Tax-Exempt Fund
Financial Highlights
Investor Shares
For a Share Outstanding | | Year Ended October 31, | |
Throughout Each Period | | 2019 | | 2018 | | 2017 | | 2016 | | 2015 | |
Net Asset Value, Beginning of Period | | $15.68 | | $15.79 | | $15.80 | | $15.83 | | $15.86 | |
Investment Operations | | | | | | | | | | | |
Net Investment Income | | .257 | 1 | .215 | 1 | .160 | 1 | .131 | | .110 | |
Net Realized and Unrealized Gain (Loss) on Investments | | .160 | | (.109 | ) | (.010 | ) | (.030 | ) | (.030 | ) |
Total from Investment Operations | | .417 | | .106 | | .150 | | .101 | | .080 | |
Distributions | | | | | | | | | | | |
Dividends from Net Investment Income | | (.257 | ) | (.216 | ) | (.160 | ) | (.131 | ) | (.110 | ) |
Distributions from Realized Capital Gains | | — | | — | | — | | — | | — | |
Total Distributions | | (.257 | ) | (.216 | ) | (.160 | ) | (.131 | ) | (.110 | ) |
Net Asset Value, End of Period | | $15.84 | | $15.68 | | $15.79 | | $15.80 | | $15.83 | |
| | | | | | | | | | | |
Total Return2 | | 2.68% | | 0.68% | | 0.95% | | 0.64% | | 0.51% | |
| | | | | | | | | | | |
Ratios/Supplemental Data | | | | | | | | | | | |
Net Assets, End of Period (Millions) | | $945 | | $1,030 | | $1,228 | | $1,234 | | $1,366 | |
Ratio of Total Expenses to Average Net Assets | | 0.17% | | 0.17% | | 0.19% | | 0.19% | | 0.20% | |
Ratio of Net Investment Income to Average Net Assets | | 1.63% | | 1.38% | | 1.01% | | 0.83% | | 0.70% | |
Portfolio Turnover Rate | | 34% | | 42% | | 36% | | 29% | | 32% | |
1 Calculated based on average shares outstanding.
2 Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable account service fees.
Admiral Shares
For a Share Outstanding | | Year Ended October 31, | |
Throughout Each Period | | 2019 | | 2018 | | 2017 | | 2016 | | 2015 | |
Net Asset Value, Beginning of Period | | $15.68 | | $15.79 | | $15.80 | | $15.83 | | $15.86 | |
Investment Operations | | | | | | | | | | | |
Net Investment Income | | .270 | 1 | .229 | 1 | .176 | 1 | .147 | | .123 | |
Net Realized and Unrealized Gain (Loss) on Investments | | .160 | | (.111 | ) | (.010 | ) | (.030 | ) | (.030 | ) |
Total from Investment Operations | | .430 | | .118 | | .166 | | .117 | | .093 | |
Distributions | | | | | | | | | | | |
Dividends from Net Investment Income | | (.270 | ) | (.228 | ) | (.176 | ) | (.147 | ) | (.123 | ) |
Distributions from Realized Capital Gains | | — | | — | | — | | — | | — | |
Total Distributions | | (.270 | ) | (.228 | ) | (.176 | ) | (.147 | ) | (.123 | ) |
Net Asset Value, End of Period | | $15.84 | | $15.68 | | $15.79 | | $15.80 | | $15.83 | |
| | | | | | | | | | | |
Total Return2 | | 2.76% | | 0.76% | | 1.05% | | 0.74% | | 0.59% | |
| | | | | | | | | | | |
Ratios/Supplemental Data | | | | | | | | | | | |
Net Assets, End of Period (Millions) | | $15,877 | | $15,182 | | $13,900 | | $12,604 | | $11,029 | |
Ratio of Total Expenses to Average Net Assets | | 0.09% | | 0.09% | | 0.09% | | 0.09% | | 0.12% | |
Ratio of Net Investment Income to Average Net Assets | | 1.71% | | 1.46% | | 1.11% | | 0.93% | | 0.78% | |
Portfolio Turnover Rate | | 34% | | 42% | | 36% | | 29% | | 32% | |
1 Calculated based on average shares outstanding.
2 Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable account service fees.
See accompanying Notes, which are an integral part of the Financial Statements.
57
Short-Term Tax-Exempt Fund
Notes to Financial Statements
Vanguard Short-Term Tax-Exempt Fund is registered under the Investment Company Act of 1940 as an open-end investment company, or mutual fund. The fund invests in debt instruments of many municipal issuers; the issuers’ abilities to meet their obligations may be affected by economic and political developments in a specific state or region. The fund offers two classes of shares: Investor Shares and Admiral Shares. Each of the share classes has different eligibility and minimum purchase requirements, and is designed for different types of investors.
A. The following significant accounting policies conform to generally accepted accounting principles for U.S. investment companies. The fund consistently follows such policies in preparing its financial statements.
1. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Bonds and temporary cash investments are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services. Investments in Vanguard Municipal Cash Management Fund are valued at that fund’s net asset value. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund’s pricing time but after the close of the securities’ primary markets, are valued by methods deemed by the board of trustees to represent fair value.
2. Futures Contracts: The fund uses futures contracts to invest in fixed income asset classes with greater efficiency and lower cost than is possible through direct investment, to add value when these instruments are attractively priced, or to adjust sensitivity to changes in interest rates. The primary risks associated with the use of futures contracts are imperfect correlation between changes in market values of bonds held by the fund and the prices of futures contracts, and the possibility of an illiquid market. Counterparty risk involving futures is mitigated because a regulated clearinghouse is the counterparty instead of the clearing broker. To further mitigate counterparty risk, the fund trades futures contracts on an exchange, monitors the financial strength of its clearing brokers and clearinghouse, and has entered into clearing agreements with its clearing brokers. The clearinghouse imposes initial margin requirements to secure the fund’s performance and requires daily settlement of variation margin representing changes in the market value of each contract. Any assets pledged as initial margin for open contracts are noted in the Statement of Net Assets.
Futures contracts are valued at their quoted daily settlement prices. The notional amounts of the contracts are not recorded in the Statement of Net Assets. Fluctuations in the value of the contracts are recorded in the Statement of Net Assets as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until the contracts are closed, when they are recorded as realized futures gains (losses).
During the year ended October 31, 2019, the fund’s average investments in long and short futures contracts represented 6% and 2% of net assets, respectively, based on the average of the notional amounts at each quarter-end during the period.
3. Federal Income Taxes: The fund intends to continue to qualify as a regulated investment company and distribute all of its income. Management has analyzed the fund’s tax positions taken for all open federal income tax years (October 31, 2016–2019), and has concluded that no provision for federal income tax is required in the fund’s financial statements.
4. Distributions: Distributions from net investment income are declared daily and paid on the first business day of the following month. Annual distributions from realized capital gains, if any, are recorded on the ex-dividend date. Distributions are determined on a tax basis and may differ from net investment income and realized capital gains for financial reporting purposes.
5. Credit Facility: The fund and certain other funds managed by The Vanguard Group (“Vanguard”) participate in a $4.3 billion committed credit facility provided by a syndicate of lenders pursuant to a credit agreement that may be renewed annually; each fund is individually liable for its borrowings, if any, under the credit facility. Borrowings may be utilized for temporary and emergency purposes, and are subject to the fund’s regulatory and contractual borrowing restrictions. The participating funds are charged administrative fees and an annual commitment fee of 0.10% of the undrawn amount of the facility; these fees are allocated to the funds based on a method approved by the fund’s board of trustees and included in Management and Administrative expenses on the fund’s Statement of Operations. Any borrowings under this facility bear interest at a rate based upon the higher of the one-month London Interbank Offered Rate, federal funds effective rate, or overnight bank funding rate plus an agreed-upon spread.
The fund had no borrowings outstanding at October 31, 2019, or at any time during the period then ended.
58
Short-Term Tax-Exempt Fund
6. Other: Interest income includes income distributions received from Vanguard Municipal Cash Management Fund and is accrued daily. Premiums and discounts on debt securities purchased are amortized and accreted, respectively, to interest income over the lives of the respective securities. Security transactions are accounted for on the date securities are bought or sold. Costs used to determine realized gains (losses) on the sale of investment securities are those of the specific securities sold.
Each class of shares has equal rights as to assets and earnings, except that each class separately bears certain class-specific expenses related to maintenance of shareholder accounts (included in Management and Administrative expenses) and shareholder reporting. Marketing and distribution expenses are allocated to each class of shares based on a method approved by the board of trustees. Income, other non-class-specific expenses, and gains and losses on investments are allocated to each class of shares based on its relative net assets.
B. In accordance with the terms of a Funds’ Service Agreement (the “FSA”) between Vanguard and the fund, Vanguard furnishes to the fund investment advisory, corporate management, administrative, marketing, and distribution services at Vanguard’s cost of operations (as defined by the FSA). These costs of operations are allocated to the fund based on methods and guidelines approved by the board of trustees. Vanguard does not require reimbursement in the current period for certain costs of operations (such as deferred compensation/benefits and risk/insurance costs); the fund’s liability for these costs of operations is included in Payables to Vanguard on the Statement of Net Assets. All other costs of operations payable to Vanguard are generally settled twice a month.
Upon the request of Vanguard, the fund may invest up to 0.40% of its net assets as capital in Vanguard. At October 31, 2019, the fund had contributed to Vanguard capital in the amount of $788,000, representing less than 0.01% of the fund’s net assets and 0.32% of Vanguard’s capital received pursuant to the FSA. The fund’s trustees and officers are also directors and employees, respectively, of Vanguard.
C. The fund’s custodian bank has agreed to reduce its fees when the fund maintains cash on deposit in the non-interest-bearing custody account. For the year ended October 31, 2019, custodian fee offset arrangements reduced the fund’s expenses by $121,000 (an annual rate of 0.00% of average net assets).
D. Various inputs may be used to determine the value of the fund’s investments. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.
Level 1—Quoted prices in active markets for identical securities.
Level 2—Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine the fair value of investments). Any investments valued with significant unobservable inputs are noted on the Statement of Net Assets.
The following table summarizes the market value of the fund’s investments and derivatives as of October 31, 2019, based on the inputs used to value them:
| | Level 1 | | Level 2 | | Level 3 | |
Investments | | ($000 | ) | ($000 | ) | ($000 | ) |
Tax-Exempt Municipal Bonds | | — | | 16,564,667 | | — | |
Temporary Cash Investments | | 510,858 | | — | | — | |
Futures Contracts—Assets1 | | 589 | | — | | — | |
Futures Contracts—Liabilities1 | | (17 | ) | — | | — | |
Total | | 511,430 | | 16,564,667 | | — | |
1 Represents variation margin on the last day of the reporting period.
E. Permanent differences between book-basis and tax-basis components of net assets are reclassified among capital accounts in the financial statements to reflect their tax character. These reclassifications have no effect on net assets or net asset value per share. As of period end, permanent differences primarily attributable to the accounting for the expiration of capital loss carryforwards were reclassified between the following accounts:
| | Amount | |
| | ($000 | ) |
Paid-in Capital | | (3,214 | ) |
Total Distributable Earnings (Loss) | | 3,214 | |
59
Short-Term Tax-Exempt Fund
Temporary differences between book-basis and tax-basis components of total distributable earnings (loss) arise when certain items of income, gain, or loss are recognized in different periods for financial statement and tax purposes; these differences will reverse at some time in the future. The differences are primarily related to the tax deferral of losses on wash sales and straddles, the realization of unrealized gains or losses on certain futures contracts, and payables for distributions. As of period end, the tax-basis components of total distributable earnings (loss) are detailed in the table as follows:
| | Amount | |
| | ($000 | ) |
Undistributed Ordinary Income | | — | |
Undistributed Tax-Exempt Income | | 10,086 | |
Undistributed Long-Term Gains | | — | |
Capital Loss Carryforwards (Non-expiring) | | (27,557 | ) |
Net Unrealized Gains (Losses) | | 93,693 | |
As of October 31, 2019, gross unrealized appreciation and depreciation for investments and derivatives based on cost for U.S. federal income tax purposes were as follows:
| | Amount | |
| | ($000 | ) |
Tax Cost | | 16,981,832 | |
Gross Unrealized Appreciation | | 96,959 | |
Gross Unrealized Depreciation | | (3,266 | ) |
Net Unrealized Appreciation (Depreciation) | | 93,693 | |
F. During the year ended October 31, 2019, the fund purchased $4,223,544,000 of investment securities and sold $3,932,723,000 of investment securities, other than temporary cash investments.
The fund purchased securities from and sold securities to other Vanguard funds or accounts managed by Vanguard or its affiliates, in accordance with procedures adopted by the board of trustees in compliance with Rule 17a-7 of the Investment Company Act of 1940. For the year ended October 31, 2019, such purchases and sales were $2,245,937,000 and $1,561,248,000, respectively; these amounts are included in the purchases and sales of investment securities noted above.
G. Capital share transactions for each class of shares were:
| | Year Ended October 31, | |
| | 2019 | | 2018 | |
| | Amount | | Shares | | Amount | | Shares | |
| | ($000 | ) | (000 | ) | ($000 | ) | (000 | ) |
Investor Shares | | | | | | | | | |
Issued | | 368,228 | | 23,344 | | 375,594 | | 23,903 | |
Issued in Lieu of Cash Distributions | | 13,443 | | 851 | | 12,600 | | 802 | |
Redeemed | | (476,990 | ) | (30,228 | ) | (578,709 | ) | (36,827 | ) |
Net Increase (Decrease)—Investor Shares | | (95,319 | ) | (6,033 | ) | (190,515 | ) | (12,122 | ) |
Admiral Shares | | | | | | | | | |
Issued | | 6,759,025 | | 428,519 | | 7,364,062 | | 468,618 | |
Issued in Lieu of Cash Distributions | | 200,955 | | 12,721 | | 154,571 | | 9,841 | |
Redeemed | | (6,429,721 | ) | (407,478 | ) | (6,132,670 | ) | (390,347 | ) |
Net Increase (Decrease)—Admiral Shares | | 530,259 | | 33,762 | | 1,385,963 | | 88,112 | |
H. Management has determined that no events or transactions occurred subsequent to October 31, 2019, that would require recognition or disclosure in these financial statements.
60
Limited-Term Tax-Exempt Fund
Performance Summary
All of the returns in this report represent past performance, which is not a guarantee of future results that may be achieved by the fund. (Current performance may be lower or higher than the performance data cited. For performance data current to the most recent month-end, visit our website at vanguard.com/performance.) Note, too, that both investment returns and principal value can fluctuate widely, so an investor’s shares, when sold, could be worth more or less than their original cost. The returns shown do not reflect taxes that a shareholder would pay on fund distributions or on the sale of fund shares.
Cumulative Performance: October 31, 2009–October 31, 2019
Initial Investment of $10,000
| | | | Average Annual Total Returns | | Final Value |
| | | | Periods Ended October 31, 2019 | | of a $10,000 |
| | | | One Year | | Five Years | | Ten Years | | Investment |
| | Limited-Term Tax-Exempt Fund Investor Shares | | 4.76% | | 1.63% | | 1.90% | | $12,071 |
| | Bloomberg Barclays 1–5 Year Municipal Bond Index | | 4.90 | | 1.69 | | 2.10 | | 12,308 |
| | Bloomberg Barclays Municipal Bond Index | | 9.42 | | 3.55 | | 4.40 | | 15,388 |
| | | | Final Value |
| | | | of a $50,000 |
| | One Year | | Five Years | | Ten Years | | Investment |
Limited-Term Tax-Exempt Fund Admiral Shares | | 4.84% | | 1.72% | | 1.99% | | $60,865 |
Bloomberg Barclays 1–5 Year Municipal Bond Index | | 4.90 | | 1.69 | | 2.10 | | 61,539 |
Bloomberg Barclays Municipal Bond Index | | 9.42 | | 3.55 | | 4.40 | | 76,939 |
See Financial Highlights for dividend and capital gains information.
61
Limited-Term Tax-Exempt Fund
Largest Area Concentrations
As of October 31, 2019
Texas | | 13.7 | % |
New York | | 12.5 | |
Illinois | | 6.6 | |
Pennsylvania | | 5.6 | |
California | | 5.4 | |
New Jersey | | 3.8 | |
Ohio | | 3.5 | |
Florida | | 3.4 | |
Maryland | | 3.0 | |
Massachusetts | | 2.8 | |
Top Ten | | 60.3 | % |
The table shows the percentage of net assets, excluding any futures contracts.
62
Limited-Term Tax-Exempt Fund
Financial Statements
Statement of Net Assets
As of October 31, 2019
The fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission (SEC) for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. The fund’s Form N-PORT reports will be available on the SEC’s website at www.sec.gov.
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
Tax-Exempt Municipal Bonds (98.3%) | | | | | | |
Alabama (2.0%) | | | | | | |
| Alabama 21st Century Authority Tobacco Settlement Revenue | 5.000% | 6/1/20 | | 1,500 | | 1,531 |
| Alabama Federal Aid Highway Finance Authority Special Obligation Revenue | 5.000% | 9/1/23 | | 6,215 | | 7,106 |
| Alabama Federal Aid Highway Finance Authority Special Obligation Revenue | 5.000% | 9/1/25 | | 6,225 | | 7,540 |
| Baldwin County AL Board of Education Revenue | 5.000% | 6/1/21 | | 1,185 | | 1,256 |
| Baldwin County AL Board of Education Revenue | 5.000% | 6/1/22 | | 1,560 | | 1,707 |
| Birmingham AL Special Care Facilities Financing Authority Revenue (Ascension Health Credit Group) PUT | 1.500% | 5/1/20 | | 3,365 | | 3,369 |
| Birmingham AL Special Care Facilities Financing Authority Revenue (Ascension Health Credit Group) PUT | 1.850% | 11/1/22 | | 9,000 | | 9,110 |
| Birmingham AL Water Works Board Water Revenue | 5.000% | 1/1/23 | | 430 | | 479 |
| Birmingham AL Water Works Board Water Revenue | 5.000% | 1/1/24 | | 250 | | 288 |
| Birmingham AL Water Works Board Water Revenue | 5.000% | 1/1/25 | | 375 | | 443 |
| Birmingham AL Water Works Board Water Revenue | 5.000% | 1/1/26 | | 875 | | 1,059 |
| Black Belt Energy Gas District Alabama Gas Prepay Revenue (Project No. 3) PUT | 5.000% | 12/1/20 | | 765 | | 793 |
| Black Belt Energy Gas District Alabama Gas Prepay Revenue (Project No. 3) PUT | 5.000% | 12/1/21 | | 1,000 | | 1,069 |
| Black Belt Energy Gas District Alabama Gas Prepay Revenue (Project No. 3) PUT | 5.000% | 12/1/22 | | 2,255 | | 2,477 |
| Black Belt Energy Gas District Alabama Gas Prepay Revenue (Project No. 3) PUT | 4.000% | 12/1/23 | | 63,855 | | 68,647 |
| Black Belt Energy Gas District Alabama Gas Prepay Revenue (Project No. 3) PUT | 5.000% | 12/1/23 | | 7,280 | | 8,188 |
| Black Belt Energy Gas District Alabama Gas Prepay Revenue (Project No. 4) PUT | 4.000% | 12/1/25 | | 40,990 | | 45,918 |
1 | Black Belt Energy Gas District Alabama Gas Prepay Revenue (Project No. 3) PUT, 67% of 1M USD LIBOR + 0.900% | 2.261% | 12/1/23 | | 60,000 | | 59,513 |
| Black Belt Energy Gas District Alabama Gas Supply Revenue PUT | 4.000% | 6/1/21 | | 71,865 | | 74,510 |
| Black Belt Energy Gas District Alabama Gas Supply Revenue PUT | 4.000% | 7/1/22 | | 72,580 | | 76,913 |
| Houston County AL Health Care Authority Revenue | 5.000% | 10/1/24 | | 3,050 | | 3,490 |
| Houston County AL Health Care Authority Revenue | 5.000% | 10/1/25 | | 1,000 | | 1,169 |
| Huntsville AL Electric System Revenue | 5.000% | 12/1/23 | | 250 | | 287 |
| Huntsville AL Electric System Revenue | 5.000% | 12/1/23 | | 200 | | 230 |
| Huntsville AL Electric System Revenue | 5.000% | 12/1/24 | | 465 | | 550 |
| Huntsville AL Electric System Revenue | 5.000% | 12/1/24 | | 350 | | 414 |
| Huntsville AL Electric System Revenue | 4.000% | 12/1/25 | | 200 | | 231 |
| Huntsville AL Electric System Revenue | 5.000% | 12/1/25 | | 310 | | 377 |
| Huntsville AL GO | 5.000% | 5/1/22 | | 1,170 | | 1,280 |
| Huntsville AL GO | 5.000% | 5/1/23 | | 2,680 | | 3,028 |
| Huntsville AL GO | 5.000% | 5/1/24 | | 2,815 | | 3,280 |
| Huntsville AL GO | 5.000% | 11/1/24 | | 1,400 | | 1,606 |
| Huntsville AL GO | 5.000% | 11/1/24 | | 1,195 | | 1,371 |
| Huntsville AL Water System Revenue | 5.000% | 11/1/20 | | 1,000 | | 1,038 |
| Infirmary Health System Special Care Facilities Financing Authority Mobile Alabama Revenue (Infirmary Health System Inc.) | 5.000% | 2/1/21 | | 3,065 | | 3,187 |
| Infirmary Health System Special Care Facilities Financing Authority Mobile Alabama Revenue (Infirmary Health System Inc.) | 5.000% | 2/1/22 | | 4,365 | | 4,672 |
| Infirmary Health System Special Care Facilities Financing Authority Mobile Alabama Revenue (Infirmary Health System Inc.) | 5.000% | 2/1/23 | | 4,565 | | 5,014 |
| Jefferson County AL GO | 5.000% | 4/1/23 | | 1,040 | | 1,163 |
| Jefferson County AL GO | 5.000% | 4/1/24 | | 5,500 | | 6,323 |
| Jefferson County AL GO | 5.000% | 4/1/25 | | 3,950 | | 4,664 |
| Jefferson County AL Revenue | 5.000% | 9/15/20 | | 1,250 | | 1,291 |
| Jefferson County AL Revenue | 5.000% | 9/15/21 | | 1,625 | | 1,736 |
| Jefferson County AL Revenue | 5.000% | 9/15/22 | | 625 | | 688 |
| Jefferson County AL Revenue | 5.000% | 9/15/23 | | 2,500 | | 2,835 |
| Jefferson County AL Revenue | 5.000% | 9/15/24 | | 6,725 | | 7,827 |
| Jefferson County AL Sewer Revenue | 5.000% | 10/1/21 | | 1,300 | | 1,383 |
2 | Jefferson County AL Sewer Revenue, 6.600% coupon rate effective 10/1/2023 | 0.000% | 10/1/42 | (4) | 21,060 | | 20,477 |
2 | Jefferson County AL Sewer Revenue, 6.900% coupon rate effective 10/1/2023 | 0.000% | 10/1/50 | | 10,000 | | 9,680 |
| Mobile County AL Board of School Commissioners GO | 5.000% | 3/1/22 | | 600 | | 647 |
| Mobile County AL Board of School Commissioners GO | 5.000% | 3/1/22 | | 1,010 | | 1,090 |
| Mobile County AL Board of School Commissioners GO | 5.000% | 3/1/23 | | 950 | | 1,054 |
| Mobile County AL Board of School Commissioners GO | 5.000% | 3/1/24 | | 1,355 | | 1,542 |
| Mobile County AL Board of School Commissioners GO | 5.000% | 3/1/25 | | 4,150 | | 4,829 |
| Mobile County AL Board of School Commissioners GO | 5.000% | 3/1/26 | | 3,025 | | 3,599 |
63
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Southeast Alabama Gas Supply District Revenue | 4.000% | 6/1/21 | | 1,745 | | 1,812 |
| Southeast Alabama Gas Supply District Revenue | 4.000% | 6/1/22 | | 1,225 | | 1,298 |
| Southeast Alabama Gas Supply District Revenue | 4.000% | 6/1/23 | | 2,000 | | 2,164 |
| Southeast Alabama Gas Supply District Revenue | 4.000% | 6/1/24 | | 2,500 | | 2,735 |
| Southeast Alabama Gas Supply District Revenue PUT | 4.000% | 4/1/24 | | 49,000 | | 52,862 |
| Southeast Alabama Gas Supply District Revenue PUT | 4.000% | 6/1/24 | | 23,460 | | 25,623 |
| Tuscaloosa AL Public Educational Building Authority Student Housing Revenue (Ridgecrest Student Housing LLC) | 5.000% | 7/1/22 | (15) | 3,485 | | 3,815 |
| Tuscaloosa AL Public Educational Building Authority Student Housing Revenue (Ridgecrest Student Housing LLC) | 5.000% | 7/1/23 | (15) | 3,660 | | 4,126 |
| Tuscaloosa AL Public Educational Building Authority Student Housing Revenue (Ridgecrest Student Housing LLC) | 5.000% | 7/1/24 | (15) | 3,845 | | 4,464 |
| Tuscaloosa County AL Board of Education Special Tax Revenue | 5.000% | 2/1/23 | | 200 | | 223 |
| Tuscaloosa County AL Board of Education Special Tax Revenue | 5.000% | 2/1/24 | | 150 | | 173 |
| Tuscaloosa County AL Board of Education Special Tax Revenue | 5.000% | 2/1/27 | | 275 | | 339 |
| UAB Medicine Financial Authority AL Revenue | 5.000% | 9/1/20 | | 425 | | 438 |
| UAB Medicine Financial Authority AL Revenue | 5.000% | 9/1/21 | | 460 | | 491 |
| UAB Medicine Financial Authority AL Revenue | 5.000% | 9/1/22 | | 495 | | 545 |
| UAB Medicine Financial Authority AL Revenue | 5.000% | 9/1/23 | | 1,000 | | 1,136 |
| UAB Medicine Financial Authority AL Revenue | 5.000% | 9/1/24 | | 1,100 | | 1,285 |
| UAB Medicine Financial Authority AL Revenue | 5.000% | 9/1/25 | | 1,260 | | 1,511 |
| UAB Medicine Financial Authority AL Revenue | 5.000% | 9/1/26 | | 2,000 | | 2,453 |
| University of South Alabama University Facilities Revenue | 5.000% | 11/1/20 | | 1,395 | | 1,447 |
| University of South Alabama University Facilities Revenue | 5.000% | 11/1/21 | | 845 | | 903 |
| University of South Alabama University Facilities Revenue | 5.000% | 10/1/22 | (15) | 325 | | 357 |
| University of South Alabama University Facilities Revenue | 5.000% | 11/1/22 | | 1,080 | | 1,190 |
| University of South Alabama University Facilities Revenue | 5.000% | 10/1/23 | (15) | 500 | | 566 |
| University of South Alabama University Facilities Revenue | 5.000% | 10/1/24 | (15) | 525 | | 610 |
| University of South Alabama University Facilities Revenue | 5.000% | 10/1/26 | (15) | 800 | | 975 |
| | | | | | | 587,509 |
Alaska (0.3%) | | | | | | |
| Alaska GO | 5.000% | 8/1/22 | | 5,590 | | 6,168 |
| Alaska GO | 5.000% | 8/1/25 | | 1,435 | | 1,608 |
| Alaska Municipal Bond Bank Authority Revenue | 5.000% | 12/1/21 | | 2,265 | | 2,435 |
| Alaska Municipal Bond Bank Authority Revenue | 5.000% | 12/1/22 | | 2,410 | | 2,675 |
| Alaska Municipal Bond Bank Authority Revenue | 5.000% | 12/1/22 | | 1,755 | | 1,948 |
| Alaska Municipal Bond Bank Authority Revenue | 5.000% | 12/1/23 | | 2,530 | | 2,893 |
| Alaska Municipal Bond Bank Authority Revenue | 5.000% | 12/1/23 | | 4,785 | | 5,471 |
| Alaska Railroad Corp. Capital Grant Receipt Revenue | 5.000% | 8/1/21 | | 10,140 | | 10,780 |
| Alaska Railroad Corp. Capital Grant Receipt Revenue | 5.000% | 8/1/22 | | 10,465 | | 11,458 |
| Alaska Railroad Corp. Capital Grant Receipt Revenue | 5.000% | 8/1/23 | | 13,810 | | 15,549 |
| Alaska State International Airport Revenue | 5.000% | 10/1/23 | | 525 | | 599 |
| Alaska State International Airport Revenue | 5.000% | 10/1/24 | | 1,695 | | 1,988 |
| Anchorage AK GO | 5.000% | 9/1/21 | | 2,000 | | 2,138 |
| Anchorage AK GO | 5.000% | 9/1/21 | | 2,605 | | 2,785 |
| Anchorage AK GO | 5.000% | 9/1/21 | | 1,000 | | 1,069 |
| Anchorage AK GO | 5.000% | 9/1/22 | | 2,000 | | 2,211 |
| Anchorage AK GO | 5.000% | 9/1/22 | | 1,675 | | 1,852 |
| Anchorage AK GO | 5.000% | 9/1/25 | | 5,000 | | 5,862 |
| Anchorage AK Wastewater Revenue | 5.000% | 5/1/23 | | 750 | | 846 |
| Anchorage AK Wastewater Revenue | 5.000% | 5/1/24 | | 600 | | 699 |
| Anchorage AK Wastewater Revenue | 5.000% | 5/1/25 | | 575 | | 688 |
| Matanuska-Susitna Borough AK Lease Revenue (Goose Creek Correctional Center) GO | 5.000% | 9/1/20 | | 1,725 | | 1,779 |
| Matanuska-Susitna Borough AK Lease Revenue (Goose Creek Correctional Center) GO | 5.000% | 9/1/21 | | 1,950 | | 2,083 |
| Matanuska-Susitna Borough AK Lease Revenue (Goose Creek Correctional Center) GO | 5.000% | 9/1/22 | | 1,525 | | 1,680 |
| Matanuska-Susitna Borough AK Lease Revenue (Goose Creek Correctional Center) GO | 5.000% | 9/1/23 | | 4,180 | | 4,739 |
| North Slope Borough AK GO | 5.000% | 6/30/20 | | 625 | | 641 |
| North Slope Borough AK GO | 5.000% | 6/30/20 | | 300 | | 308 |
| North Slope Borough AK GO | 5.000% | 6/30/21 | | 625 | | 663 |
| North Slope Borough AK GO | 5.000% | 6/30/21 | | 645 | | 685 |
| North Slope Borough AK GO | 5.000% | 6/30/22 | | 950 | | 1,010 |
| | | | | | | 95,310 |
Arizona (1.9%) | | | | | | |
| Arizona Board of Regents Arizona State University System Revenue | 5.000% | 7/1/20 | | 1,045 | | 1,072 |
| Arizona Board of Regents Arizona State University System Revenue | 5.000% | 8/1/20 | | 1,700 | | 1,749 |
3 | Arizona Board of Regents Arizona State University System Revenue | 5.000% | 7/1/21 | | 5,000 | | 5,319 |
| Arizona Board of Regents Arizona State University System Revenue | 5.000% | 7/1/21 | | 10,110 | | 10,754 |
| Arizona Board of Regents Arizona State University System Revenue | 5.000% | 7/1/21 | | 300 | | 319 |
| Arizona Board of Regents Arizona State University System Revenue | 5.000% | 7/1/21 | | 500 | | 532 |
| Arizona Board of Regents Arizona State University System Revenue | 5.000% | 7/1/21 | | 1,170 | | 1,245 |
| Arizona Board of Regents Arizona State University System Revenue | 5.000% | 7/1/22 | | 3,250 | | 3,578 |
64
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Arizona Board of Regents Arizona State University System Revenue | 5.000% | 7/1/22 | | 3,185 | | 3,507 |
| Arizona Board of Regents Arizona State University System Revenue | 5.000% | 7/1/22 | | 455 | | 501 |
| Arizona Board of Regents Arizona State University System Revenue | 5.000% | 7/1/22 | | 300 | | 330 |
| Arizona Board of Regents Arizona State University System Revenue | 5.000% | 7/1/23 | | 690 | | 784 |
| Arizona Board of Regents Arizona State University System Revenue | 5.000% | 7/1/23 | | 500 | | 568 |
| Arizona Board of Regents Arizona State University System Revenue | 5.000% | 7/1/23 | | 500 | | 568 |
| Arizona Board of Regents Arizona State University System Revenue | 5.000% | 7/1/24 | | 400 | | 468 |
| Arizona Board of Regents Arizona State University System Revenue | 5.000% | 7/1/24 | | 400 | | 468 |
| Arizona Board of Regents Arizona State University System Revenue | 5.000% | 7/1/25 | | 800 | | 935 |
| Arizona Board of Regents Arizona State University System Revenue | 5.000% | 7/1/25 | | 690 | | 831 |
| Arizona Board of Regents COP (University of Arizona) | 5.000% | 6/1/20 | | 1,310 | | 1,338 |
| Arizona Board of Regents COP (University of Arizona) | 5.000% | 6/1/20 | | 585 | | 598 |
| Arizona Board of Regents COP (University of Arizona) | 5.000% | 6/1/21 | | 1,250 | | 1,324 |
| Arizona Board of Regents COP (University of Arizona) | 5.000% | 6/1/21 | | 1,000 | | 1,059 |
| Arizona Board of Regents COP (University of Arizona) | 5.000% | 6/1/22 | | 1,035 | | 1,134 |
| Arizona Board of Regents COP (University of Arizona) | 5.000% | 6/1/22 | | 500 | | 548 |
| Arizona Board of Regents COP (University of Arizona) | 5.000% | 6/1/23 | | 500 | | 565 |
| Arizona Board of Regents COP (University of Arizona) | 5.000% | 6/1/24 | | 545 | | 633 |
| Arizona Board Regents Arizona State University System Revenue | 5.000% | 6/1/24 | | 800 | | 935 |
| Arizona Board Regents Arizona State University System Revenue | 5.000% | 6/1/25 | | 1,140 | | 1,370 |
| Arizona Board Regents Arizona State University System Revenue | 5.000% | 6/1/26 | | 1,175 | | 1,409 |
| Arizona Board Regents Arizona State University System Revenue | 5.000% | 6/1/26 | | 1,250 | | 1,535 |
| Arizona COP | 5.000% | 9/1/20 | | 4,300 | | 4,434 |
| Arizona COP | 5.000% | 9/1/21 | | 6,665 | | 7,124 |
| Arizona COP | 5.000% | 10/1/22 | | 4,985 | | 5,523 |
| Arizona COP | 5.000% | 10/1/23 | | 6,720 | | 7,685 |
| Arizona COP | 5.000% | 10/1/23 | | 19,820 | | 22,665 |
| Arizona COP | 5.000% | 10/1/24 | | 20,920 | | 24,639 |
| Arizona Health Facilities Authority Hospital System Revenue (Phoenix Children’s Hospital) | 5.000% | 2/1/20 | | 4,550 | | 4,590 |
| Arizona Health Facilities Authority Hospital System Revenue (Phoenix Children’s Hospital) | 5.000% | 2/1/21 | | 1,000 | | 1,045 |
| Arizona Health Facilities Authority Hospital System Revenue (Phoenix Children’s Hospital) | 5.000% | 2/1/30 | | 3,250 | | 3,490 |
| Arizona Health Facilities Authority Revenue (Banner Health) VRDO | 1.380% | 11/1/19 | LOC | 20,605 | | 20,605 |
4 | Arizona Health Facilities Authority Revenue (Dignity Health) TOB VRDO | 1.390% | 11/7/19 | LOC | 23,250 | | 23,250 |
| Arizona Health Facilities Authority Revenue (Scottsdale Lincoln Hospitals Project) | 5.000% | 12/1/19 | | 600 | | 602 |
| Arizona Health Facilities Authority Revenue (Scottsdale Lincoln Hospitals Project) | 5.000% | 12/1/20 | | 1,305 | | 1,357 |
| Arizona Health Facilities Authority Revenue (Scottsdale Lincoln Hospitals Project) | 5.000% | 12/1/21 | | 1,000 | | 1,075 |
| Arizona Health Facilities Authority Revenue (Scottsdale Lincoln Hospitals Project) | 5.000% | 12/1/22 | | 835 | | 926 |
| Arizona Industrial Development Authority Student Housing Revenue (NCCU Properties LLC/NC Central University Project) | 5.000% | 6/1/25 | (15) | 400 | | 468 |
| Arizona Industrial Development Authority Student Housing Revenue (NCCU Properties LLC/NC Central University Project) | 5.000% | 6/1/26 | (15) | 500 | | 597 |
| Arizona Lottery Revenue | 5.000% | 7/1/21 | | 3,500 | | 3,720 |
| Arizona Lottery Revenue | 5.000% | 7/1/22 | | 2,500 | | 2,750 |
| Arizona Lottery Revenue | 5.000% | 7/1/23 | | 2,500 | | 2,843 |
| Arizona Lottery Revenue | 5.000% | 7/1/24 | | 5,300 | | 6,208 |
| Arizona Lottery Revenue | 5.000% | 7/1/25 | | 5,000 | | 6,032 |
| Arizona School Facilities Board COP | 5.000% | 9/1/21 | | 7,110 | | 7,603 |
| Arizona State University Revenue (McAllister Academic Village LLC) | 5.000% | 7/1/20 | | 1,505 | | 1,543 |
| Arizona State University Revenue (McAllister Academic Village LLC) | 5.000% | 7/1/22 | | 1,790 | | 1,966 |
| Arizona Transportation Board Excise Tax Revenue | 5.000% | 7/1/21 | | 9,425 | | 10,024 |
| Arizona Transportation Board Excise Tax Revenue (Maricopa County Regional Area) | 5.000% | 7/1/24 | | 7,885 | | 9,243 |
| Arizona Transportation Board Excise Tax Revenue (Maricopa County Regional Area) | 5.000% | 7/1/25 | | 11,450 | | 13,792 |
| Arizona Transportation Board GAN | 5.000% | 7/1/24 | | 1,010 | | 1,182 |
| Arizona Transportation Board GAN | 5.000% | 7/1/25 | | 1,040 | | 1,252 |
| Arizona Transportation Board GAN | 5.000% | 7/1/26 | | 1,000 | | 1,234 |
| Arizona Transportation Board Highway Revenue | 5.000% | 7/1/20 | | 3,380 | | 3,465 |
| Arizona Transportation Board Highway Revenue | 5.000% | 7/1/25 | | 5,000 | | 5,852 |
| Arizona Transportation Board Highway Revenue | 5.000% | 7/1/26 | | 20,000 | | 21,991 |
| Arizona Transportation Board Highway Revenue | 5.000% | 7/1/26 | | 15,050 | | 17,572 |
| Arizona Transportation Board Highway Revenue | 5.000% | 7/1/29 | | 7,150 | | 7,834 |
| Arizona Water Infrastructure Finance Authority Revenue | 5.000% | 10/1/23 | | 1,975 | | 2,193 |
| Arizona Water Infrastructure Finance Authority Revenue | 5.000% | 10/1/25 | | 9,200 | | 10,207 |
| Glendale AZ GO | 4.000% | 7/1/21 | (4) | 3,400 | | 3,557 |
| Glendale AZ GO | 5.000% | 7/1/22 | (4) | 1,920 | | 2,111 |
| Glendale AZ Industrial Development Authority Senior Living Facilities Revenue (Royal Oaks Life Care Community) | 4.000% | 5/15/20 | | 450 | | 456 |
| Glendale AZ Industrial Development Authority Senior Living Facilities Revenue (Royal Oaks Life Care Community) | 4.000% | 5/15/21 | | 750 | | 779 |
| Glendale AZ Industrial Development Authority Senior Living Facilities Revenue (Royal Oaks Life Care Community) | 4.000% | 5/15/22 | | 750 | | 796 |
65
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Glendale AZ Industrial Development Authority Senior Living Facilities Revenue (Royal Oaks Life Care Community) | 4.000% | 5/15/23 | | 750 | | 813 |
| Glendale AZ Senior Excise Tax Revenue | 5.000% | 7/1/20 | | 2,770 | | 2,839 |
| Glendale AZ Senior Excise Tax Revenue | 5.000% | 7/1/21 | | 2,900 | | 3,082 |
| Glendale AZ Senior Excise Tax Revenue | 5.000% | 7/1/22 | | 3,100 | | 3,409 |
| Goodyear AZ Public Improvement Corp. Municipal Facilities Revenue | 5.000% | 7/1/22 | | 1,500 | | 1,648 |
| Goodyear AZ Public Improvement Corp. Municipal Facilities Revenue | 5.000% | 7/1/24 | | 900 | | 1,051 |
| Maricopa County AZ Industrial Development Authority Health Facilities Revenue (Banner Health Obligated Group) | 5.000% | 1/1/21 | | 3,500 | | 3,651 |
| Maricopa County AZ Industrial Development Authority Health Facilities Revenue (Banner Health Obligated Group) | 5.000% | 1/1/22 | | 3,650 | | 3,940 |
| Maricopa County AZ Industrial Development Authority Health Facilities Revenue (Banner Health Obligated Group) | 5.000% | 1/1/23 | | 5,510 | | 6,141 |
| Maricopa County AZ Industrial Development Authority Health Facilities Revenue (Banner Health Obligated Group) | 5.000% | 1/1/24 | | 2,275 | | 2,614 |
| Maricopa County AZ Industrial Development Authority Health Facilities Revenue (Banner Health Obligated Group) PUT | 5.000% | 10/18/24 | | 9,000 | | 10,501 |
| Maricopa County AZ Industrial Development Authority Health Facilities Revenue (Banner Health Obligated Group) PUT | 5.000% | 5/15/26 | | 12,000 | | 14,559 |
1 | Maricopa County AZ Industrial Development Authority Health Facilities Revenue (Banner Health Obligated Group) PUT, SIFMA Municipal Swap Index Yield + 0.380% | 1.500% | 10/18/22 | | 7,500 | | 7,513 |
| Maricopa County AZ Industrial Development Authority Health Facilities Revenue (Banner Health Obligated Group) VRDO | 1.100% | 11/7/19 | | 25,000 | | 25,000 |
| Maricopa County AZ Industrial Development Authority Hospital Revenue (Honorhealth) PUT | 5.000% | 9/1/24 | | 15,000 | | 17,363 |
| Maricopa County AZ Unified School District No. 69 (Paradise Valley) GO | 5.000% | 7/1/24 | | 350 | | 410 |
| Maricopa County AZ Unified School District No. 69 (Paradise Valley) GO | 5.000% | 7/1/25 | | 475 | | 571 |
| Maricopa County AZ Unified School District No. 97 (Deer Valley) GO | 5.000% | 7/1/24 | | 7,950 | | 9,304 |
| Mesa AZ Utility System Revenue | 5.000% | 7/1/24 | | 840 | | 982 |
| Mesa AZ Utility System Revenue | 5.000% | 7/1/25 | | 785 | | 944 |
| Mesa AZ Utility System Revenue | 5.000% | 7/1/26 | | 1,300 | | 1,601 |
| Phoenix AZ Civic Improvement Corp. Airport Revenue | 5.000% | 7/1/20 | | 450 | | 461 |
| Phoenix AZ Civic Improvement Corp. Airport Revenue | 5.000% | 7/1/21 | | 335 | | 356 |
| Phoenix AZ Civic Improvement Corp. Airport Revenue | 5.000% | 7/1/22 | | 200 | | 220 |
| Phoenix AZ Civic Improvement Corp. Excise Tax Revenue | 5.000% | 7/1/21 | | 2,000 | | 2,127 |
| Phoenix AZ Civic Improvement Corp. Excise Tax Revenue | 5.000% | 7/1/22 | | 1,775 | | 1,954 |
| Phoenix AZ Civic Improvement Corp. Excise Tax Revenue | 5.000% | 7/1/23 | | 11,755 | | 13,375 |
| Phoenix AZ Civic Improvement Corp. Water System Revenue | 5.000% | 7/1/21 | | 12,405 | | 13,193 |
| Phoenix AZ Civic Improvement Corp. Water System Revenue | 5.000% | 7/1/25 | | 4,125 | | 4,830 |
| Phoenix AZ Civic Improvement Corp. Water System Revenue | 5.000% | 7/1/26 | | 4,000 | | 4,676 |
| Phoenix AZ Industrial Development Authority Lease Revenue (Downtown Phoenix Student Housing LLC) | 5.000% | 7/1/23 | | 100 | | 111 |
| Phoenix AZ Industrial Development Authority Lease Revenue (Downtown Phoenix Student Housing LLC) | 5.000% | 7/1/24 | | 400 | | 454 |
| Phoenix AZ Industrial Development Authority Lease Revenue (Downtown Phoenix Student Housing LLC) | 5.000% | 7/1/25 | | 400 | | 464 |
| Pima County AZ Industrial Development Authority Revenue (American Leadership Academy Inc.) | 4.000% | 6/15/21 | | 310 | | 319 |
| Pima County AZ Industrial Development Authority Revenue (American Leadership Academy Inc.) | 4.000% | 6/15/22 | | 655 | | 685 |
| Pima County AZ Regional Transportation Authority Excise Tax Revenue | 5.000% | 6/1/20 | | 2,840 | | 2,903 |
| Pima County AZ Regional Transportation Authority Excise Tax Revenue | 5.000% | 6/1/21 | | 3,000 | | 3,181 |
| Pima County AZ Sewer Revenue | 5.000% | 7/1/22 | | 7,320 | | 8,053 |
| Pima County AZ Tucson Unified School District No. 1 GO | 5.000% | 7/1/22 | (15) | 1,000 | | 1,098 |
| Pima County AZ Unified School District No. 20 (Vail) GO | 5.000% | 7/1/23 | (15) | 300 | | 340 |
| Pima County AZ Unified School District No. 20 (Vail) GO | 5.000% | 7/1/24 | (15) | 350 | | 408 |
| Pima County AZ Unified School District No. 20 (Vail) GO | 5.000% | 7/1/25 | (15) | 750 | | 897 |
| Regional Public Transportation Authority Arizona Excise Tax Revenue | 5.000% | 7/1/22 | | 1,000 | | 1,101 |
| Regional Public Transportation Authority Arizona Excise Tax Revenue | 5.000% | 7/1/24 | | 1,635 | | 1,917 |
| Regional Public Transportation Authority Arizona Excise Tax Revenue | 5.000% | 7/1/25 | | 1,540 | | 1,855 |
| Regional Public Transportation Authority Arizona Excise Tax Revenue (Maricopa County Public Transportation) | 5.250% | 7/1/20 | | 4,850 | | 4,981 |
| Salt Verde AZ Financial Corp. Gas Revenue | 5.250% | 12/1/19 | | 1,565 | | 1,569 |
| Tempe AZ Industrial Development Authority Revenue (Mirabella at ASU Project) | 4.000% | 10/1/23 | | 10,000 | | 10,097 |
| University Medical Center Corp. Arizona Hospital Revenue | 5.000% | 7/1/21 | (ETM) | 2,740 | | 2,907 |
| Yavapai County AZ Industrial Development Authority Hospital Facility Revenue (Yavapai Regional Medical Center) | 5.000% | 8/1/24 | | 350 | | 407 |
| Yavapai County AZ Industrial Development Authority Hospital Facility Revenue (Yavapai Regional Medical Center) | 5.000% | 8/1/25 | | 450 | | 536 |
| Yavapai County AZ Industrial Development Authority Hospital Facility Revenue (Yavapai Regional Medical Center) | 5.000% | 8/1/26 | | 685 | | 831 |
| Yavapai County AZ Industrial Development Authority Solid Waste Disposal Revenue (Republic Services Inc.) PUT | 1.300% | 12/2/19 | | 7,500 | | 7,501 |
| Yuma AZ Industrial Development Authority Hospital Revenue (Yuma Regional Medical Center) | 5.000% | 8/1/20 | | 1,000 | | 1,028 |
66
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Yuma AZ Industrial Development Authority Hospital Revenue (Yuma Regional Medical Center) | 5.000% | 8/1/21 | | 750 | | 798 |
| Yuma AZ Industrial Development Authority Hospital Revenue (Yuma Regional Medical Center) | 5.000% | 8/1/22 | | 1,100 | | 1,201 |
| Yuma AZ Industrial Development Authority Hospital Revenue (Yuma Regional Medical Center) | 5.000% | 8/1/23 | | 1,000 | | 1,123 |
| | | | | | | 538,149 |
Arkansas (0.3%) | | | | | | |
| Arkansas Development Finance Authority Healthcare Revenue (Baptist Health) | 5.000% | 12/1/20 | | 4,300 | | 4,466 |
| Arkansas Development Finance Authority Healthcare Revenue (Baptist Health) | 5.000% | 12/1/21 | | 4,560 | | 4,884 |
| Arkansas Development Finance Authority Healthcare Revenue (Baptist Health) | 5.000% | 12/1/22 | | 700 | | 772 |
| Arkansas Development Finance Authority Healthcare Revenue (Baptist Health) PUT | 3.750% | 9/1/25 | | 24,000 | | 24,213 |
| Arkansas Development Finance Authority Hospital Revenue (Washington Regional Medical Center) | 5.000% | 2/1/21 | | 920 | | 959 |
| Arkansas Development Finance Authority Hospital Revenue (Washington Regional Medical Center) | 5.000% | 2/1/22 | | 815 | | 878 |
| Arkansas Development Finance Authority Hospital Revenue (Washington Regional Medical Center) | 5.000% | 2/1/27 | | 2,970 | | 3,429 |
| Arkansas Development Finance Authority Hospital Revenue (Washington Regional Medical Center) | 5.000% | 2/1/28 | | 3,855 | | 4,439 |
| Arkansas Federal Highway Grant Anticipation & Tax Revenue GO | 5.000% | 10/1/21 | | 5,385 | | 5,779 |
| Arkansas Federal Highway Grant Anticipation & Tax Revenue GO | 5.000% | 10/1/24 | | 9,500 | | 10,879 |
| Baxter County AR Hospital Revenue | 5.000% | 9/1/20 | | 1,385 | | 1,416 |
| Baxter County AR Hospital Revenue | 5.000% | 9/1/21 | | 1,140 | | 1,196 |
| Baxter County AR Hospital Revenue | 5.000% | 9/1/22 | | 1,000 | | 1,075 |
| Baxter County AR Hospital Revenue | 5.000% | 9/1/23 | | 1,910 | | 2,101 |
| Baxter County AR Hospital Revenue | 5.000% | 9/1/26 | | 1,000 | | 1,165 |
| Independence County AR Pollution Control Revenue (Entergy Arkansas, Inc. Project) | 2.375% | 1/1/21 | | 20,000 | | 20,209 |
| Rogers AR School District No. 30 GO | 5.000% | 2/1/21 | | 1,500 | | 1,568 |
| Springdale AR Sales and Use Revenue | 5.000% | 11/1/24 | | 3,090 | | 3,412 |
| Springdale AR Sales and Use Revenue | 5.000% | 4/1/25 | (15) | 3,610 | | 4,177 |
| University of Arkansas Revenue (Fayetteville Campus) | 5.000% | 11/1/23 | | 355 | | 408 |
| University of Arkansas Revenue (Fayetteville Campus) | 5.000% | 11/1/24 | | 405 | | 479 |
| University of Arkansas Revenue (Fayetteville Campus) | 5.000% | 11/1/25 | | 275 | | 334 |
| | | | | | | 98,238 |
California (5.4%) | | | | | | |
| ABAG Finance Authority for Nonprofit Corps. California Revenue (Sharp Healthcare) | 4.000% | 8/1/20 | | 500 | | 511 |
| Alameda CA Corridor Transportation Authority Revenue | 0.000% | 10/1/20 | (2)(ETM) | 5,485 | | 5,427 |
| Alameda CA Corridor Transportation Authority Revenue | 0.000% | 10/1/20 | (2) | 115 | | 113 |
| Alameda CA Corridor Transportation Authority Revenue | 5.000% | 10/1/20 | | 1,730 | | 1,792 |
| Alameda County CA Joint Powers Authority Lease Revenue | 5.000% | 12/1/22 | | 1,540 | | 1,726 |
| Alameda County CA Joint Powers Authority Lease Revenue | 5.000% | 12/1/23 | | 1,850 | | 2,143 |
| Antelope Valley-East Kern CA Water Agency Revenue | 4.000% | 6/1/21 | | 1,000 | | 1,046 |
| Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) | 4.000% | 4/1/21 | | 3,470 | | 3,619 |
| Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT | 2.100% | 4/1/22 | | 23,100 | | 23,532 |
| Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT | 2.250% | 4/1/22 | | 15,350 | | 15,677 |
| Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT | 2.000% | 4/1/24 | | 30,400 | | 31,247 |
| Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT | 2.125% | 4/1/25 | | 5,075 | | 5,272 |
1 | Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT, 70% of 3M USD LIBOR + 0.550% | 2.019% | 4/1/21 | | 14,885 | | 14,910 |
1 | Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT, SIFMA Municipal Swap Index Yield + 0.700% | 1.820% | 4/1/21 | | 50 | | 50 |
1 | Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT, SIFMA Municipal Swap Index Yield + 0.900% | 2.020% | 5/1/23 | | 28,500 | | 29,008 |
1 | Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) PUT, SIFMA Municipal Swap Index Yield + 0.900% | 2.020% | 5/1/23 | | 4,000 | | 4,071 |
| Brea CA Redevelopment Agency Successor Agency Tax Allocation Revenue (Redevelopment Project AB) | 5.000% | 8/1/20 | | 2,200 | | 2,266 |
| California County CA Tobacco Securitization Agency Revenue | 5.000% | 6/1/20 | | 1,200 | | 1,222 |
| California Department of Water Resources Power Supply Revenue | 5.000% | 5/1/21 | | 23,000 | | 24,369 |
3 | California Department of Water Resources Power Supply Revenue | 5.000% | 5/1/22 | | 34,000 | | 37,321 |
| California Department of Water Resources Water System Revenue (Central Valley Project) | 5.000% | 12/1/19 | (ETM) | 10 | | 10 |
| California Department of Water Resources Water System Revenue (Central Valley Project) | 5.000% | 12/1/19 | | 3,990 | | 4,002 |
1 | California Department of Water Resources Water System Revenue (Central Valley Project) PUT, SIFMA Municipal Swap Index Yield + 0.220% | 1.340% | 12/1/20 | | 15,875 | | 15,879 |
| California GO | 5.000% | 2/1/20 | | 44,500 | | 44,919 |
| California GO | 5.000% | 11/1/20 | | 21,520 | | 22,350 |
| California GO | 5.000% | 12/1/20 | | 25,475 | | 26,539 |
| California GO | 5.000% | 2/1/21 | | 10,000 | | 10,483 |
| California GO | 5.000% | 8/1/21 | | 4,425 | | 4,725 |
| California GO | 5.000% | 10/1/21 | | 28,000 | | 30,078 |
| California GO | 5.000% | 10/1/21 | | 41,940 | | 45,053 |
| California GO | 5.000% | 11/1/21 | | 49,440 | | 53,293 |
| California GO | 5.000% | 3/1/25 | | 8,000 | | 9,575 |
| California GO | 4.000% | 4/1/25 | | 2,990 | | 3,431 |
| California GO | 5.000% | 4/1/25 | | 15,510 | | 18,607 |
| California GO | 5.000% | 4/1/25 | | 43,000 | | 51,585 |
| California GO | 5.000% | 8/1/25 | | 10,000 | | 12,110 |
67
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| California GO | 5.000% | 11/1/25 | | 1,040 | | 1,268 |
| California GO | 5.000% | 4/1/26 | | 10,120 | | 12,440 |
| California GO | 5.000% | 8/1/26 | | 26,485 | | 32,813 |
| California GO | 5.000% | 8/1/26 | | 3,500 | | 4,336 |
| California GO | 5.000% | 10/1/26 | | 10,000 | | 12,437 |
| California GO | 3.500% | 8/1/27 | | 10,000 | | 11,544 |
| California GO PUT | 4.000% | 12/1/21 | | 23,095 | | 24,133 |
1 | California GO PUT, 70% of 1M USD LIBOR + 0.700% | 2.111% | 12/1/20 | | 3,500 | | 3,510 |
1 | California GO PUT, 70% of 1M USD LIBOR + 0.760% | 2.171% | 12/1/21 | | 5,650 | | 5,690 |
1 | California GO PUT, SIFMA Municipal Swap Index Yield + 0.290% | 1.410% | 12/1/20 | | 29,800 | | 29,804 |
1 | California GO PUT, SIFMA Municipal Swap Index Yield + 0.380% | 1.500% | 12/1/22 | | 42,615 | | 42,670 |
5 | California Health Facilities Financing Authority Revenue (Adventist Health System/West) PUT | 3.000% | 3/1/24 | | 10,000 | | 10,595 |
| California Health Facilities Financing Authority Revenue (Catholic Healthcare West) | 5.250% | 3/1/22 | | 1,465 | | 1,543 |
| California Health Facilities Financing Authority Revenue (El Camino Hospital) | 4.000% | 2/1/21 | | 1,500 | | 1,555 |
| California Health Facilities Financing Authority Revenue (El Camino Hospital) | 5.000% | 2/1/22 | | 1,035 | | 1,126 |
| California Health Facilities Financing Authority Revenue (El Camino Hospital) | 5.000% | 2/1/22 | | 750 | | 816 |
| California Health Facilities Financing Authority Revenue (El Camino Hospital) | 5.000% | 2/1/23 | | 680 | | 765 |
| California Health Facilities Financing Authority Revenue (El Camino Hospital) | 5.000% | 2/1/24 | | 1,020 | | 1,186 |
| California Health Facilities Financing Authority Revenue (Kaiser Permanente) PUT | 5.000% | 11/1/22 | | 47,560 | | 52,896 |
| California Health Facilities Financing Authority Revenue (Kaiser Permanente) PUT | 5.000% | 11/1/22 | | 3,000 | | 3,337 |
| California Health Facilities Financing Authority Revenue (Providence Health & Services) | 5.000% | 10/1/21 | | 750 | | 807 |
| California Health Facilities Financing Authority Revenue (Providence Health & Services) | 5.000% | 10/1/22 | | 2,230 | | 2,487 |
| California Health Facilities Financing Authority Revenue (Providence St. Joseph Health Obligated Group) PUT | 1.250% | 10/1/20 | | 6,400 | | 6,395 |
| California Health Facilities Financing Authority Revenue (St. Joseph Health System) PUT | 5.000% | 10/15/20 | | 10,000 | | 10,350 |
| California Health Facilities Financing Authority Revenue (St. Joseph Health System) PUT | 1.700% | 10/18/22 | | 10,000 | | 10,150 |
| California Health Facilities Financing Authority Revenue (St. Joseph Health System) PUT | 5.000% | 10/18/22 | | 6,000 | | 6,664 |
4 | California Health Facilities Financing Authority Revenue VRDO | 1.340% | 11/7/19 | LOC | 50,000 | | 50,000 |
| California Infrastructure & Economic Development Bank Revenue (Academy of Motion Picture Arts & Sciences Obligated Group) | 5.000% | 11/1/22 | | 1,000 | | 1,116 |
1 | California Infrastructure & Economic Development Bank Revenue (Academy of Motion Picture Arts & Sciences Obligated Group) PUT, 70% of 1M USD LIBOR + 0.950% | 2.197% | 11/1/20 | | 20,200 | | 20,198 |
| California Infrastructure & Economic Development Bank Revenue (Academy of Motion Picture Arts & Sciences Obligated Group) TOB VRDO | 1.320% | 11/7/19 | | 6,670 | | 6,670 |
1 | California Infrastructure & Economic Development Bank Revenue (California Academy of Sciences) PUT, 70% of 1M USD LIBOR + 0.380% | 1.640% | 8/1/21 | | 15,200 | | 15,185 |
1 | California Infrastructure & Economic Development Bank Revenue (J. Paul Getty Trust) PUT, 70% of 1M USD LIBOR + 0.200% | 1.622% | 4/1/21 | | 6,640 | | 6,644 |
1 | California Infrastructure & Economic Development Bank Revenue (J. Paul Getty Trust) PUT, 70% of 3M USD LIBOR + 0.370% | 1.839% | 4/1/20 | | 9,375 | | 9,382 |
1 | California Infrastructure & Economic Development Bank Revenue (J. Paul Getty Trust) PUT, 70% of 3M USD LIBOR + 0.370% | 1.839% | 4/1/20 | | 7,500 | | 7,505 |
1 | California Infrastructure & Economic Development Bank Revenue PUT, 70% of 1M USD LIBOR + 0.650% | 1.897% | 2/1/21 | | 25,000 | | 25,061 |
| California Municipal Finance Authority Revenue (Anaheim Electric Utility Distribution System) | 5.000% | 10/1/21 | | 1,315 | | 1,416 |
| California Municipal Finance Authority Revenue (Biola University) | 5.000% | 10/1/22 | | 135 | | 149 |
| California Municipal Finance Authority Revenue (Biola University) | 5.000% | 10/1/23 | | 415 | | 471 |
| California Municipal Finance Authority Revenue (Community Hospitals of Central California Obligated Group) | 5.000% | 2/1/21 | | 1,000 | | 1,047 |
| California Municipal Finance Authority Revenue (Community Hospitals of Central California Obligated Group) | 5.000% | 2/1/22 | | 500 | | 542 |
| California Municipal Finance Authority Revenue (Community Hospitals of Central California Obligated Group) | 5.000% | 2/1/23 | | 835 | | 934 |
| California Municipal Finance Authority Revenue (Eisenhower Medical Center) | 5.000% | 7/1/24 | | 725 | | 835 |
| California Municipal Finance Authority Revenue (Eisenhower Medical Center) | 5.000% | 7/1/25 | | 800 | | 942 |
| California Municipal Finance Authority Revenue (Eisenhower Medical Center) | 5.000% | 7/1/26 | | 615 | | 738 |
| California Municipal Finance Authority Revenue (NorthBay Healthcare Group) | 2.000% | 11/1/19 | | 1,705 | | 1,705 |
| California Municipal Finance Authority Revenue (NorthBay Healthcare Group) | 3.000% | 11/1/20 | | 800 | | 810 |
| California Municipal Finance Authority Revenue (NorthBay Healthcare Group) | 5.000% | 11/1/24 | | 985 | | 1,135 |
| California Municipal Finance Authority Revenue (NorthBay Healthcare Group) | 5.000% | 11/1/27 | | 2,455 | | 2,976 |
| California Municipal Finance Authority Revenue (University of La Verne) | 5.000% | 6/1/21 | | 350 | | 371 |
| California Municipal Finance Authority Revenue (University of La Verne) | 5.000% | 6/1/22 | | 260 | | 285 |
| California Municipal Finance Authority Revenue (University of La Verne) | 5.000% | 6/1/23 | | 600 | | 678 |
| California Municipal Finance Authority Revenue (University of La Verne) | 5.000% | 6/1/24 | | 350 | | 407 |
| California Public Finance Authority Revenue (Henry Mayo Newhall Memorial Hospital) | 5.000% | 10/15/22 | | 375 | | 406 |
| California Public Finance Authority Revenue (Henry Mayo Newhall Memorial Hospital) | 5.000% | 10/15/23 | | 350 | | 389 |
| California Public Works Board Lease Revenue | 5.000% | 3/1/21 | | 1,965 | | 2,065 |
| California Public Works Board Lease Revenue | 5.000% | 10/1/21 | | 7,455 | | 8,000 |
| California Public Works Board Lease Revenue | 5.000% | 3/1/22 | | 1,600 | | 1,743 |
| California Public Works Board Lease Revenue | 5.000% | 10/1/22 | | 5,750 | | 6,388 |
| California Public Works Board Lease Revenue | 5.000% | 3/1/23 | | 4,000 | | 4,503 |
68
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| California Public Works Board Lease Revenue | 5.000% | 10/1/23 | | 12,880 | | 14,771 |
| California Public Works Board Lease Revenue | 5.000% | 3/1/24 | | 3,145 | | 3,649 |
| California Public Works Board Lease Revenue (Department of Corrections) | 5.000% | 10/1/20 | | 1,690 | | 1,750 |
| California Public Works Board Lease Revenue (Department of Corrections) | 5.000% | 5/1/21 | | 4,800 | | 5,074 |
| California Public Works Board Lease Revenue (Department of Corrections) | 5.000% | 5/1/25 | | 5,835 | | 6,989 |
| California Public Works Board Lease Revenue (Department of State Hospitals) | 5.000% | 6/1/20 | | 5,200 | | 5,318 |
| California Public Works Board Lease Revenue (Judicial Council Projects) | 5.000% | 3/1/20 | | 1,175 | | 1,190 |
| California Public Works Board Lease Revenue (Judicial Council Projects) | 5.000% | 10/1/20 | | 1,240 | | 1,284 |
| California Public Works Board Lease Revenue (Various Capital Projects) | 5.000% | 11/1/19 | | 2,000 | | 2,000 |
| California Public Works Board Lease Revenue (Various Capital Projects) | 5.000% | 11/1/19 | | 2,750 | | 2,750 |
| California Public Works Board Lease Revenue (Various Capital Projects) | 5.000% | 4/1/20 | | 3,050 | | 3,099 |
| California Public Works Board Lease Revenue (Various Capital Projects) | 5.000% | 11/1/20 | | 2,000 | | 2,078 |
| California Public Works Board Lease Revenue (Various Capital Projects) | 5.000% | 5/1/21 | | 2,495 | | 2,637 |
| California Public Works Board Lease Revenue (Various Capital Projects) | 5.000% | 11/1/21 | | 3,500 | | 3,767 |
| California Public Works Board Lease Revenue (Various Capital Projects) | 5.000% | 4/1/22 | | 5,885 | | 6,429 |
| California Public Works Board Lease Revenue (Various Capital Projects) | 5.000% | 11/1/22 | | 5,000 | | 5,570 |
| California Public Works Board Lease Revenue (Various Capital Projects) | 5.000% | 4/1/23 | | 6,620 | | 7,472 |
| California Public Works Board Lease Revenue (Various Capital Projects) | 5.000% | 11/1/23 | | 5,000 | | 5,749 |
| California Public Works Board Lease Revenue (Various Capital Projects) | 5.000% | 5/1/25 | | 3,055 | | 3,659 |
| California Public Works Board Lease Revenue (Various Capital Projects) | 5.000% | 11/1/25 | | 2,380 | | 2,890 |
| California State University Systemwide Revenue | 5.000% | 11/1/22 | | 2,700 | | 3,020 |
| California State University Systemwide Revenue PUT | 4.000% | 11/1/21 | | 28,075 | | 29,237 |
| California State University Systemwide Revenue PUT | 4.000% | 11/1/23 | | 4,000 | | 4,380 |
| California Statewide Communities Development Authority Hospital Revenue (Methodist Hospital of Southern California) | 5.000% | 1/1/23 | | 500 | | 553 |
| California Statewide Communities Development Authority Hospital Revenue (Methodist Hospital of Southern California) | 5.000% | 1/1/24 | | 600 | | 681 |
| California Statewide Communities Development Authority Hospital Revenue (Methodist Hospital of Southern California) | 5.000% | 1/1/25 | | 1,025 | | 1,191 |
| California Statewide Communities Development Authority Revenue (Citrus Valley Health Partners) | 5.145% | 11/8/19 | (14) | 12,200 | | 12,200 |
| California Statewide Communities Development Authority Revenue (Huntington Memorial Hospital) | 5.000% | 7/1/20 | | 325 | | 333 |
| California Statewide Communities Development Authority Revenue (Huntington Memorial Hospital) | 5.000% | 7/1/21 | | 275 | | 292 |
| California Statewide Communities Development Authority Revenue (Huntington Memorial Hospital) | 5.000% | 7/1/22 | | 250 | | 274 |
4 | California Statewide Communities Development Authority Revenue (John Muir Health) PUT | 4.000% | 8/15/24 | | 10,405 | | 11,615 |
| California Statewide Communities Development Authority Revenue (Redlands Community Hospital) | 5.000% | 10/1/22 | | 395 | | 433 |
| California Statewide Communities Development Authority Revenue (Redlands Community Hospital) | 5.000% | 10/1/23 | | 1,365 | | 1,539 |
| Contra Costa CA Municipal Water District Revenue | 5.000% | 10/1/20 | | 1,525 | | 1,581 |
| Contra Costa CA Municipal Water District Revenue | 5.000% | 10/1/21 | | 2,100 | | 2,261 |
1 | Contra Costa CA Transportation Authority Sales Tax Revenue PUT, 70% of 1M USD LIBOR + 0.250% | 1.672% | 9/1/21 | | 1,500 | | 1,499 |
1 | Eastern California Municipal Water District Water& Wastewater Revenue PUT, 70% of 1M USD LIBOR + 0.300% | 1.722% | 10/1/21 | | 2,450 | | 2,451 |
1 | Eastern California Municipal Water District Water& Wastewater Revenue PUT, SIFMA Municipal Swap Index Yield + 0.250% | 1.370% | 10/1/21 | | 850 | | 850 |
| El Camino CA Healthcare District GO | 5.000% | 8/1/21 | | 1,125 | | 1,204 |
| El Camino CA Healthcare District GO | 5.000% | 8/1/22 | | 1,100 | | 1,220 |
| El Camino CA Healthcare District GO | 0.000% | 8/1/24 | (14) | 4,085 | | 3,806 |
| Foothill/Eastern Transportation Corridor Agency California Toll Road Revenue | 0.000% | 1/15/21 | (4) | 4,115 | | 4,040 |
| Fresno CA Joint Powers Financing Authority Lease Revenue | 5.000% | 4/1/22 | (4) | 450 | | 491 |
| Fresno CA Joint Powers Financing Authority Lease Revenue | 5.000% | 4/1/23 | (4) | 800 | | 901 |
| Fresno CA Joint Powers Financing Authority Lease Revenue | 5.000% | 4/1/24 | (4) | 675 | | 782 |
| Glendale CA Redevelopment Agency Successor Agency Tax Allocation Revenue (Central Glendale Redevelopment Project) | 4.000% | 12/1/19 | (4) | 2,910 | | 2,916 |
| Glendale CA Redevelopment Agency Successor Agency Tax Allocation Revenue (Central Glendale Redevelopment Project) | 5.000% | 12/1/21 | (4) | 1,725 | | 1,866 |
| Golden State Tobacco Securitization Corp. California Revenue | 5.000% | 6/1/20 | | 3,830 | | 3,909 |
| Golden State Tobacco Securitization Corp. California Revenue | 5.000% | 6/1/21 | | 2,750 | | 2,902 |
| Golden State Tobacco Securitization Corp. California Revenue | 5.000% | 6/1/22 | | 4,665 | | 5,069 |
| Golden State Tobacco Securitization Corp. California Revenue | 5.000% | 6/1/23 | | 6,015 | | 6,703 |
4 | Golden State Tobacco Securitization Corp. California Revenue TOB VRDO | 1.220% | 11/7/19 | LOC | 6,800 | | 6,800 |
| La Quinta CA Redevelopment Agency Tax Allocation Revenue | 5.000% | 9/1/20 | | 1,045 | | 1,079 |
| La Quinta CA Redevelopment Agency Tax Allocation Revenue | 5.000% | 9/1/21 | | 1,250 | | 1,341 |
| La Verne CA (Brethren Hillcrest Homes) COP | 5.000% | 5/15/20 | | 640 | | 651 |
| La Verne CA (Brethren Hillcrest Homes) COP | 5.000% | 5/15/21 | | 310 | | 325 |
| La Verne CA (Brethren Hillcrest Homes) COP | 5.000% | 5/15/22 | | 725 | | 783 |
| Long Beach CA Finance Authority Natural Gas Purchase Revenue | 5.250% | 11/15/20 | | 1,505 | | 1,564 |
| Long Beach CA Harbor Revenue | 5.000% | 12/15/20 | | 23,800 | | 24,852 |
| Los Angeles CA Community College District GO | 5.000% | 8/1/21 | | 5,000 | | 5,349 |
| Los Angeles CA Unified School District GO | 5.000% | 7/1/20 | | 17,195 | | 17,638 |
| Los Angeles CA Unified School District GO | 5.000% | 7/1/20 | | 22,525 | | 23,106 |
| Los Angeles CA Unified School District GO | 5.000% | 7/1/20 | | 20,940 | | 21,480 |
69
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Los Angeles CA Unified School District GO | 5.000% | 7/1/20 | | 14,755 | | 15,135 |
| Los Angeles CA Unified School District GO | 5.000% | 7/1/22 | | 10,720 | | 11,805 |
| Los Angeles CA Unified School District GO | 5.000% | 7/1/23 | | 25,100 | | 28,549 |
| Los Angeles CA Unified School District GO | 5.000% | 7/1/24 | | 13,500 | | 15,832 |
| Los Angeles CA Unified School District GO | 5.000% | 7/1/25 | | 3,220 | | 3,773 |
| Los Angeles County CA Public Works Financing Authority Lease Revenue | 5.000% | 8/1/20 | | 500 | | 515 |
| Los Angeles County CA Redevelopment Authority Tax Allocation Revenue (Various Project Areas) | 5.000% | 9/1/20 | | 5,495 | | 5,670 |
| Los Angeles County CA Redevelopment Authority Tax Allocation Revenue (Various Project Areas) | 5.000% | 9/1/21 | (4) | 5,000 | | 5,349 |
| Modesto CA Irrigation District Electric Revenue | 5.000% | 7/1/20 | | 750 | | 770 |
| Northern California Energy Authority Commodity Supply Revenue PUT | 4.000% | 7/1/24 | | 10,000 | | 10,885 |
4 | Nuveen California AMT-Free Quality Municipal Income Fund VRDP VRDO | 1.190% | 11/7/19 | LOC | 35,500 | | 35,500 |
| Oakland CA Redevelopment Agency Tax Allocation Revenue (Central District Project) | 5.000% | 9/1/20 | | 6,000 | | 6,191 |
| Palomar Pomerado Health California Revenue | 5.000% | 11/1/22 | | 2,680 | | 2,929 |
1 | Riverside CA Water Revenue PUT, SIFMA Municipal Swap Index Yield + 0.630% | 1.750% | 1/15/20 | | 1,670 | | 1,673 |
4 | Riverside County CA Public Financing Authority Lease Revenue TOB VRDO | 1.170% | 11/7/19 | LOC | 1,100 | | 1,100 |
| Riverside County CA Transportation Commission Sales Tax Revenue | 5.000% | 6/1/20 | | 1,770 | | 1,811 |
| San Diego County CA Regional Airport Authority Revenue | 5.000% | 7/1/24 | | 400 | | 469 |
| San Diego County CA Regional Transportation Commission Revenue | 4.000% | 4/1/21 | | 15,000 | | 15,634 |
| San Diego County CA Water Authority Revenue | 5.000% | 5/1/21 | | 1,465 | | 1,553 |
| San Diego County CA Water Authority Revenue | 5.000% | 5/1/22 | | 1,270 | | 1,397 |
| San Francisco CA City & County Redevelopment Financing Authority Tax Allocation Revenue (Redevelopment Projects) | 5.000% | 8/1/20 | | 1,500 | | 1,545 |
| San Francisco CA City & County Redevelopment Financing Authority Tax Allocation Revenue (Redevelopment Projects) | 5.000% | 8/1/21 | | 2,000 | | 2,141 |
| San Juan CA Unified School District GO | 5.000% | 8/1/21 | | 1,000 | | 1,070 |
| San Mateo County CA Joint Powers Financing Authority Lease Revenue (Maple Street Correctional Center) | 5.000% | 6/15/20 | | 1,015 | | 1,040 |
| San Mateo County CA Joint Powers Financing Authority Lease Revenue (Maple Street Correctional Center) | 5.000% | 6/15/21 | | 535 | | 570 |
| San Pablo CA Redevelopment Agency Successor Agency Tax Allocation Revenue | 5.000% | 6/15/20 | (4) | 1,045 | | 1,070 |
| San Pablo CA Redevelopment Agency Successor Agency Tax Allocation Revenue | 5.000% | 6/15/21 | (4) | 575 | | 610 |
2 | Solano County CA Community College District GO, 5.000% coupon rate effective 8/1/2023 | 0.000% | 8/1/25 | | 5,045 | | 5,154 |
| Soledad CA Unified School District Revenue BAN | 0.000% | 8/1/21 | | 2,100 | | 2,045 |
| South Orange County CA Public Financing Authority Special Tax Revenue | 5.000% | 8/15/20 | | 600 | | 619 |
1 | Southern California Public Power Authority Revenue (Canyon Power Project) PUT, SIFMA Municipal Swap Index Yield + 0.250% | 1.370% | 5/1/21 | | 13,675 | | 13,676 |
| Southern California Public Power Authority Revenue (Magnolia Power Project) PUT | 2.000% | 7/1/20 | | 8,750 | | 8,776 |
| University of California Revenue | 5.000% | 5/15/21 | | 2,725 | | 2,892 |
| University of California Revenue | 5.000% | 5/15/21 | | 8,280 | | 8,788 |
| University of California Revenue PUT | 1.400% | 5/15/21 | | 12,700 | | 12,751 |
4 | University of California Revenue TOB VRDO | 1.270% | 11/7/19 | | 9,400 | | 9,400 |
| Washington Township CA Health Care District Revenue | 5.000% | 7/1/21 | | 665 | | 705 |
| Washington Township CA Health Care District Revenue | 5.000% | 7/1/22 | | 1,325 | | 1,447 |
| Washington Township CA Health Care District Revenue | 5.000% | 7/1/23 | | 970 | | 1,090 |
| Washington Township CA Health Care District Revenue | 5.000% | 7/1/24 | | 1,295 | | 1,494 |
| Washington Township CA Health Care District Revenue | 5.000% | 7/1/25 | | 965 | | 1,138 |
| Western CA Municipal Water District Revenue PUT | 1.500% | 10/1/20 | | 2,325 | | 2,329 |
| | | | | | | 1,580,156 |
Colorado (1.3%) | | | | | | |
| Adams & Arapahoe CO Joint School District No. 28J GO | 5.000% | 12/1/21 | | 1,375 | | 1,484 |
| Adams & Arapahoe CO Joint School District No. 28J GO | 5.000% | 12/1/22 | | 1,165 | | 1,300 |
| Adams & Arapahoe CO Joint School District No. 28J GO | 5.000% | 12/1/23 | | 1,275 | | 1,468 |
| Adams CO 12 Five Star Schools GO | 5.000% | 12/15/26 | | 10,000 | | 11,828 |
| Adams County CO COP | 5.000% | 12/1/21 | | 1,000 | | 1,078 |
| Adams County CO COP | 5.000% | 12/1/22 | | 1,250 | | 1,391 |
| Aurora CO COP | 5.000% | 12/1/25 | | 1,550 | | 1,876 |
| Aurora CO COP | 5.000% | 12/1/26 | | 2,000 | | 2,471 |
| Castle Rock CO Water & Sewer Revenue | 4.000% | 12/1/20 | | 350 | | 360 |
| Castle Rock CO Water & Sewer Revenue | 4.000% | 12/1/22 | | 225 | | 244 |
| Castle Rock CO Water & Sewer Revenue | 5.000% | 12/1/23 | | 265 | | 304 |
| Colorado Building Excellent Schools COP | 5.000% | 3/15/24 | | 660 | | 764 |
| Colorado Building Excellent Schools COP | 5.000% | 3/15/25 | | 1,460 | | 1,738 |
| Colorado Building Excellent Schools COP | 5.000% | 3/15/25 | | 890 | | 1,060 |
| Colorado COP | 5.000% | 12/15/24 | | 3,525 | | 4,162 |
| Colorado COP | 5.000% | 12/15/25 | | 8,385 | | 10,151 |
| Colorado Educational & Cultural Facilities Authority Revenue (Johnson & Wales University) | 5.000% | 4/1/20 | (ETM) | 780 | | 792 |
| Colorado Educational & Cultural Facilities Authority Revenue (Johnson & Wales University) | 5.000% | 4/1/20 | | 1,850 | | 1,876 |
| Colorado Health Facilities Authority Hospital Revenue (Adventist Health System/West Obligated Group) PUT | 5.000% | 11/19/26 | | 10,000 | | 12,264 |
| Colorado Health Facilities Authority Hospital Revenue (CommonSpirit Health) | 5.000% | 8/1/25 | | 3,000 | | 3,529 |
| Colorado Health Facilities Authority Hospital Revenue (CommonSpirit Health) | 5.000% | 8/1/25 | | 3,000 | | 3,529 |
70
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Colorado Health Facilities Authority Hospital Revenue (CommonSpirit Health) | 5.000% | 8/1/26 | | 3,035 | | 3,626 |
| Colorado Health Facilities Authority Hospital Revenue (CommonSpirit Health) | 5.000% | 8/1/26 | | 2,500 | | 2,987 |
| Colorado Health Facilities Authority Hospital Revenue (CommonSpirit Health) PUT | 5.000% | 8/1/25 | | 12,500 | | 14,459 |
| Colorado Health Facilities Authority Hospital Revenue (CommonSpirit Health) PUT | 5.000% | 8/1/26 | | 11,000 | | 12,989 |
| Colorado Health Facilities Authority Hospital Revenue (Frasier Meadows Manor Inc.) | 3.125% | 5/15/27 | | 1,250 | | 1,254 |
| Colorado Health Facilities Authority Hospital Revenue (SCL Health System) | 5.000% | 1/1/23 | | 1,000 | | 1,115 |
| Colorado Health Facilities Authority Hospital Revenue (SCL Health System) | 5.000% | 1/1/24 | | 1,675 | | 1,925 |
| Colorado Health Facilities Authority Hospital Revenue (SCL Health System) | 5.000% | 1/1/25 | | 4,400 | | 5,195 |
| Colorado Health Facilities Authority Hospital Revenue (SCL Health System) | 5.000% | 1/1/26 | | 3,000 | | 3,632 |
| Colorado Health Facilities Authority Hospital Revenue (The Evangelical Lutheran Good Samaritan Society Project) | 5.000% | 6/1/23 | (ETM) | 1,225 | | 1,384 |
| Colorado Health Facilities Authority Hospital Revenue (The Evangelical Lutheran Good Samaritan Society Project) | 5.000% | 6/1/24 | (ETM) | 1,000 | | 1,168 |
| Colorado Health Facilities Authority Hospital Revenue (The Evangelical Lutheran Good Samaritan Society Project) | 5.000% | 6/1/25 | (ETM) | 1,245 | | 1,487 |
| Colorado Health Facilities Authority Hospital Revenue (Valley View Hospital Association) | 5.000% | 5/15/22 | | 770 | | 834 |
| Colorado Health Facilities Authority Hospital Revenue (Valley View Hospital Association) | 5.000% | 5/15/23 | | 850 | | 945 |
| Colorado Health Facilities Authority Hospital Revenue (Valley View Hospital Association) | 5.000% | 5/15/24 | | 1,110 | | 1,265 |
| Colorado Health Facilities Authority Hospital Revenue (Valley View Hospital Association) | 5.000% | 5/15/25 | | 800 | | 933 |
| Colorado Health Facilities Authority Hospital Revenue (Valley View Hospital Association) PUT | 2.800% | 5/15/23 | | 3,225 | | 3,339 |
| Colorado Health Facilities Authority Retirement Facilities Revenue (Liberty Heights Project) | 0.000% | 7/15/24 | (ETM) | 20,000 | | 18,636 |
| Colorado Health Facilities Authority Revenue (Adventist Health System/Sunbelt Obligated Group) PUT | 5.000% | 11/15/23 | | 27,000 | | 30,808 |
| Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) | 5.000% | 2/1/21 | (Prere.) | 750 | | 785 |
| Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) | 5.000% | 2/1/21 | (Prere.) | 175 | | 183 |
1 | Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) PUT, 68% of 1M USD LIBOR + 1.250% | 2.631% | 11/12/20 | | 5,000 | | 5,014 |
1 | Colorado Health Facilities Authority Revenue (Catholic Health Initiatives) PUT, 68% of 1M USD LIBOR + 1.250% | 2.631% | 11/12/20 | | 7,500 | | 7,521 |
| Colorado Health Facilities Authority Revenue (Children’s Hospital) | 5.000% | 12/1/20 | | 1,375 | | 1,430 |
| Colorado Health Facilities Authority Revenue (Children’s Hospital) | 5.000% | 12/1/21 | | 1,735 | | 1,868 |
| Colorado Health Facilities Authority Revenue (Children’s Hospital) | 5.000% | 12/1/22 | | 680 | | 756 |
| Colorado Health Facilities Authority Revenue (Children’s Hospital) | 5.000% | 12/1/22 | | 1,350 | | 1,501 |
| Colorado Health Facilities Authority Revenue (Christian Living Communities) | 4.000% | 1/1/21 | | 350 | | 358 |
| Colorado Health Facilities Authority Revenue (Christian Living Communities) | 4.000% | 1/1/22 | | 400 | | 417 |
| Colorado Health Facilities Authority Revenue (Christian Living Communities) | 4.000% | 1/1/23 | | 300 | | 317 |
| Colorado Health Facilities Authority Revenue (Christian Living Communities) | 5.000% | 1/1/23 | | 750 | | 816 |
| Colorado Health Facilities Authority Revenue (Christian Living Communities) | 5.000% | 1/1/24 | | 750 | | 833 |
| Colorado Health Facilities Authority Revenue (Christian Living Communities) | 4.000% | 1/1/26 | | 505 | | 553 |
| Colorado Health Facilities Authority Revenue (Christian Living Communities) | 4.000% | 1/1/27 | | 175 | | 194 |
| Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) | 4.000% | 12/1/19 | | 625 | | 626 |
| Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) | 5.000% | 12/1/20 | | 2,055 | | 2,131 |
| Colorado Health Facilities Authority Revenue (Covenant Retirement Community Inc.) | 4.000% | 12/1/26 | | 495 | | 524 |
| Colorado Health Facilities Authority Revenue (Evangelical Lutheran Good Samaritan Society Project) | 4.000% | 6/1/20 | (ETM) | 1,025 | | 1,041 |
| Colorado Health Facilities Authority Revenue (Evangelical Lutheran Good Samaritan Society Project) | 5.000% | 6/1/21 | (ETM) | 2,000 | | 2,118 |
| Colorado Health Facilities Authority Revenue (Evangelical Lutheran Good Samaritan Society Project) | 5.000% | 6/1/22 | (ETM) | 2,300 | | 2,520 |
| Colorado Health Facilities Authority Revenue (Evangelical Lutheran Good Samaritan Society Project) | 5.000% | 6/1/23 | (ETM) | 2,000 | | 2,263 |
1 | Colorado Public Highway Authority Revenue PUT, 67% of 1M USD LIBOR + 1.050% | 2.247% | 9/1/21 | | 3,000 | | 3,027 |
| Colorado Springs CO Utility System Revenue | 5.000% | 11/15/19 | | 3,000 | | 3,003 |
| Colorado Springs CO Utility System Revenue | 5.000% | 11/15/23 | | 1,000 | | 1,151 |
| Colorado Springs CO Utility System Revenue | 5.000% | 11/15/23 | | 530 | | 610 |
| Colorado Springs CO Utility System Revenue | 5.000% | 11/15/23 | | 545 | | 627 |
| Colorado Springs CO Utility System Revenue | 5.000% | 11/15/24 | | 420 | | 498 |
| Colorado Springs CO Utility System Revenue | 5.000% | 11/15/24 | | 400 | | 474 |
| Denver CO City & County Airport Revenue | 5.000% | 11/15/19 | | 1,310 | | 1,311 |
| Denver CO City & County Airport Revenue | 5.000% | 11/15/23 | | 19,400 | | 22,259 |
| Denver CO City & County Airport Revenue | 5.000% | 11/15/24 | | 1,810 | | 2,137 |
1 | Denver CO City & County Airport Revenue PUT, 70% of 1M USD LIBOR + 0.860% | 2.282% | 11/15/19 | | 14,020 | | 14,023 |
| Denver CO City & County Board of Water Commissioners Water Revenue | 4.000% | 12/15/22 | | 1,085 | | 1,150 |
| E-470 Public Highway Authority Colorado Revenue | 0.000% | 9/1/20 | (14) | 2,030 | | 2,008 |
| E-470 Public Highway Authority Colorado Revenue | 5.000% | 9/1/20 | | 1,580 | | 1,627 |
1 | E-470 Public Highway Authority Colorado Revenue PUT, 67% of 1M USD LIBOR + 0.420% | 1.629% | 9/1/21 | | 1,600 | | 1,600 |
| El Paso County CO CP | 5.000% | 12/1/24 | (4) | 450 | | 532 |
| El Paso County CO CP | 5.000% | 12/1/25 | (4) | 650 | | 785 |
| Garfield, Pitkin, & Eagle County CO School District GO | 5.000% | 12/15/25 | | 3,000 | | 3,239 |
| Interlocken CO Metropolitan District GO | 5.000% | 12/1/23 | (4) | 750 | | 853 |
| Interlocken CO Metropolitan District GO | 5.000% | 12/1/24 | (4) | 875 | | 1,022 |
| Interlocken CO Metropolitan District GO | 5.000% | 12/1/25 | (4) | 1,000 | | 1,196 |
| Larimer County CO School District No. R-1 Poudre GO | 4.000% | 12/15/22 | | 575 | | 625 |
| Larimer County CO School District No. R-1 Poudre GO | 2.000% | 12/15/24 | | 1,265 | | 1,313 |
71
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Moffat County CO Pollution Control Revenue (Tri-State Generation & Transmission Association Inc.) PUT | 2.000% | 10/3/22 | | 14,350 | | 14,394 |
| Park Creek CO Metropolitan District Limited Property Tax Revenue | 4.000% | 12/1/20 | | 1,055 | | 1,082 |
| Park Creek CO Metropolitan District Limited Property Tax Revenue | 5.000% | 12/1/22 | | 1,250 | | 1,376 |
| Plaza CO Metropolitan District No. 1 Tax Allocation Revenue | 5.000% | 12/1/19 | | 1,250 | | 1,253 |
| Regional Transportation District of Colorado COP | 5.000% | 6/1/20 | (Prere.) | 2,785 | | 2,847 |
| Regional Transportation District of Colorado COP | 5.000% | 6/1/20 | (Prere.) | 2,000 | | 2,045 |
| Regional Transportation District of Colorado COP | 5.000% | 6/1/22 | | 7,480 | | 8,198 |
4 | Regional Transportation District of Colorado COP TOB VRDO | 1.170% | 11/7/19 | LOC | 8,000 | | 8,000 |
| Regional Transportation District of Colorado Sales Tax Revenue (Denver Transit Partners Eagle P3 Project) | 5.000% | 7/15/21 | | 3,460 | | 3,525 |
| Regional Transportation District of Colorado Sales Tax Revenue (Denver Transit Partners Eagle P3 Project) | 5.000% | 7/15/22 | | 320 | | 326 |
| Regional Transportation District of Colorado Sales Tax Revenue (Denver Transit Partners Eagle P3 Project) | 5.125% | 1/15/23 | | 2,835 | | 2,890 |
| Regional Transportation District of Colorado Sales Tax Revenue (Denver Transit Partners Eagle P3 Project) | 5.125% | 7/15/23 | | 2,420 | | 2,467 |
| Regional Transportation District of Colorado Sales Tax Revenue (Denver Transit Partners Eagle P3 Project) | 5.250% | 7/15/24 | | 180 | | 184 |
| University of Colorado Enterprise System Revenue | 5.000% | 6/1/21 | | 1,000 | | 1,060 |
| University of Colorado Enterprise System Revenue PUT | 2.000% | 10/15/24 | | 21,850 | | 22,245 |
| University of Colorado Hospital Authority Revenue PUT | 5.000% | 3/1/22 | | 20,000 | | 21,319 |
| University of Colorado Hospital Authority Revenue VRDO | 1.120% | 11/7/19 | | 14,210 | | 14,210 |
| | | | | | | 377,910 |
Connecticut (2.2%) | | | | | | |
| Bridgeport CT GO | 5.000% | 8/15/22 | (4) | 7,015 | | 7,686 |
| Bridgeport CT GO | 5.000% | 8/15/22 | (4) | 5,635 | | 6,174 |
| Bridgeport CT GO | 5.000% | 8/15/23 | (4) | 7,460 | | 8,412 |
| Bridgeport CT GO | 5.000% | 8/15/23 | (4)(ETM) | 360 | | 411 |
| Bridgeport CT GO | 5.000% | 8/15/23 | (4) | 750 | | 846 |
| Connecticut GO | 5.000% | 4/15/20 | | 1,000 | | 1,017 |
| Connecticut GO | 5.000% | 6/15/20 | | 18,135 | | 18,558 |
| Connecticut GO | 5.000% | 12/15/20 | | 5,865 | | 6,113 |
| Connecticut GO | 5.000% | 3/15/21 | | 7,110 | | 7,475 |
| Connecticut GO | 5.000% | 4/15/21 | | 6,040 | | 6,369 |
| Connecticut GO | 5.000% | 11/1/21 | | 530 | | 568 |
| Connecticut GO | 5.000% | 11/15/21 | | 7,350 | | 7,894 |
| Connecticut GO | 5.000% | 3/15/22 | | 9,620 | | 10,433 |
| Connecticut GO | 5.000% | 4/15/22 | | 4,275 | | 4,648 |
| Connecticut GO | 5.000% | 5/15/22 | | 1,500 | | 1,583 |
| Connecticut GO | 5.000% | 10/15/22 | | 5,120 | | 5,655 |
| Connecticut GO | 5.000% | 11/15/22 | | 12,685 | | 14,046 |
| Connecticut GO | 5.000% | 4/15/23 | | 3,375 | | 3,657 |
| Connecticut GO | 5.000% | 6/15/23 | | 1,080 | | 1,216 |
| Connecticut GO | 5.000% | 9/1/23 | | 1,690 | | 1,915 |
| Connecticut GO | 5.000% | 9/15/23 | | 1,320 | | 1,497 |
| Connecticut GO | 5.000% | 5/15/24 | | 4,685 | | 5,409 |
| Connecticut GO | 5.000% | 8/15/24 | | 7,940 | | 9,229 |
| Connecticut GO | 5.000% | 9/15/24 | | 1,670 | | 1,945 |
| Connecticut GO | 5.000% | 9/15/24 | | 3,895 | | 4,537 |
| Connecticut GO | 5.000% | 10/15/24 | | 18,395 | | 20,895 |
| Connecticut GO | 5.000% | 2/15/25 | | 2,905 | | 3,407 |
| Connecticut GO | 5.000% | 3/15/25 | | 3,215 | | 3,779 |
| Connecticut GO | 5.000% | 4/15/25 | | 550 | | 648 |
| Connecticut GO | 5.000% | 4/15/25 | | 7,075 | | 8,333 |
| Connecticut GO | 5.000% | 5/15/25 | | 10,000 | | 11,803 |
| Connecticut GO | 5.000% | 9/15/25 | | 5,345 | | 6,361 |
| Connecticut GO | 5.000% | 10/15/25 | | 2,115 | | 2,522 |
| Connecticut GO | 5.000% | 10/15/25 | | 1,775 | | 2,014 |
| Connecticut GO | 5.000% | 11/1/25 | | 1,750 | | 1,874 |
| Connecticut GO | 5.000% | 2/15/26 | | 3,000 | | 3,600 |
| Connecticut GO | 5.000% | 4/15/26 | | 5,000 | | 5,424 |
| Connecticut GO | 4.000% | 5/15/26 | | 1,175 | | 1,338 |
| Connecticut GO | 5.000% | 5/15/26 | | 3,675 | | 4,433 |
| Connecticut GO | 5.000% | 10/15/26 | | 4,140 | | 4,557 |
| Connecticut GO | 5.000% | 10/15/26 | | 6,825 | | 7,725 |
| Connecticut GO | 5.000% | 11/1/26 | | 3,000 | | 3,207 |
| Connecticut GO | 4.000% | 10/15/28 | | 2,000 | | 2,124 |
1 | Connecticut GO, SIFMA Municipal Swap Index Yield + 0.650% | 1.770% | 3/1/20 | | 8,900 | | 8,918 |
| Connecticut Health & Educational Facilities Authority Revenue (Connecticut State University System) | 5.000% | 11/1/21 | | 2,080 | | 2,228 |
72
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Connecticut Health & Educational Facilities Authority Revenue (Connecticut State University System) | 5.000% | 11/1/22 | | 2,135 | | 2,360 |
| Connecticut Health & Educational Facilities Authority Revenue (Connecticut State University System) | 5.000% | 11/1/23 | | 2,295 | | 2,608 |
| Connecticut Health & Educational Facilities Authority Revenue (Connecticut State University System) | 5.000% | 11/1/25 | | 1,290 | | 1,541 |
| Connecticut Health & Educational Facilities Authority Revenue (Connecticut State University System) | 5.000% | 11/1/26 | | 1,465 | | 1,788 |
| Connecticut Health & Educational Facilities Authority Revenue (Covenant Retirement Communities) | 5.000% | 12/1/24 | | 1,000 | | 1,152 |
| Connecticut Health & Educational Facilities Authority Revenue (Nuvance Health) | 5.000% | 7/1/21 | | 2,290 | | 2,429 |
| Connecticut Health & Educational Facilities Authority Revenue (Nuvance Health) | 5.000% | 7/1/22 | | 2,925 | | 3,203 |
| Connecticut Health & Educational Facilities Authority Revenue (Nuvance Health) | 5.000% | 7/1/23 | | 1,800 | | 2,031 |
| Connecticut Health & Educational Facilities Authority Revenue (Nuvance Health) | 5.000% | 7/1/24 | | 2,200 | | 2,550 |
| Connecticut Health & Educational Facilities Authority Revenue (Nuvance Health) | 5.000% | 7/1/25 | | 5,000 | | 5,935 |
| Connecticut Health & Educational Facilities Authority Revenue (Nuvance Health) | 5.000% | 7/1/26 | | 8,565 | | 10,384 |
| Connecticut Health & Educational Facilities Authority Revenue (Quinnipiac University) | 5.000% | 7/1/21 | | 975 | | 1,036 |
| Connecticut Health & Educational Facilities Authority Revenue (Quinnipiac University) | 5.000% | 7/1/22 | | 1,300 | | 1,420 |
| Connecticut Health & Educational Facilities Authority Revenue (Quinnipiac University) | 5.000% | 7/1/23 | | 2,010 | | 2,262 |
| Connecticut Health & Educational Facilities Authority Revenue (Sacred Heart University Inc.) | 5.000% | 7/1/20 | | 950 | | 973 |
| Connecticut Health & Educational Facilities Authority Revenue (Sacred Heart University Inc.) | 5.000% | 7/1/21 | | 775 | | 822 |
| Connecticut Health & Educational Facilities Authority Revenue (Sacred Heart University Inc.) | 5.000% | 7/1/22 | | 810 | | 888 |
| Connecticut Health & Educational Facilities Authority Revenue (Sacred Heart University Inc.) | 5.000% | 7/1/23 | | 1,550 | | 1,747 |
| Connecticut Health & Educational Facilities Authority Revenue (Sacred Heart University Inc.) | 5.000% | 7/1/24 | | 250 | | 289 |
| Connecticut Health & Educational Facilities Authority Revenue (Sacred Heart University Inc.) | 5.000% | 7/1/25 | | 500 | | 592 |
| Connecticut Health & Educational Facilities Authority Revenue (Stamford Hospital) | 5.000% | 7/1/20 | | 1,525 | | 1,561 |
| Connecticut Health & Educational Facilities Authority Revenue (University of New Haven) | 5.000% | 7/1/22 | | 765 | | 829 |
| Connecticut Health & Educational Facilities Authority Revenue (University of New Haven) | 5.000% | 7/1/23 | | 1,000 | | 1,110 |
| Connecticut Health & Educational Facilities Authority Revenue (University of New Haven) | 5.000% | 7/1/25 | | 1,145 | | 1,327 |
| Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT | 1.650% | 2/3/20 | | 10,000 | | 10,009 |
| Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT | 1.800% | 2/9/21 | | 23,640 | | 23,797 |
| Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT | 1.800% | 2/9/21 | | 16,875 | | 16,987 |
| Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT | 2.050% | 7/12/21 | | 13,500 | | 13,675 |
| Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT | 2.000% | 2/8/22 | | 5,050 | | 5,134 |
| Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT | 2.000% | 2/8/22 | | 730 | | 742 |
| Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT | 2.000% | 2/8/22 | | 1,250 | | 1,271 |
| Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT | 1.450% | 7/1/22 | | 14,805 | | 14,865 |
| Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT | 1.450% | 7/1/22 | | 15,195 | | 15,257 |
| Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT | 5.000% | 7/1/22 | | 28,250 | | 31,032 |
| Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT | 5.000% | 2/1/23 | | 15,000 | | 16,773 |
| Connecticut Health & Educational Facilities Authority Revenue (Yale University) PUT | 2.000% | 7/1/26 | | 28,825 | | 29,826 |
| Connecticut Health & Educational Facilities Authority Revenue (Yale-New Haven Hospital Inc.) PUT | 1.800% | 7/1/24 | | 13,750 | | 13,958 |
| Connecticut Housing Finance Authority Revenue Housing Mortgage Finance Program | 4.000% | 11/15/44 | | 1,240 | | 1,285 |
| Connecticut Housing Finance Authority Revenue Housing Mortgage Finance Program | 4.000% | 11/15/44 | | 4,080 | | 4,283 |
| Connecticut Housing Finance Authority Revenue Housing Mortgage Finance Program | 4.000% | 11/15/44 | | 2,100 | | 2,163 |
| Connecticut Housing Finance Authority Revenue Housing Mortgage Finance Program | 3.500% | 11/15/45 | | 7,105 | | 7,423 |
| Connecticut Housing Finance Authority Revenue Housing Mortgage Finance Program | 4.000% | 11/15/45 | | 7,400 | | 7,811 |
| Connecticut Housing Finance Authority Revenue Housing Mortgage Finance Program | 4.000% | 11/15/47 | | 8,570 | | 9,154 |
| Connecticut Housing Finance Authority Revenue Housing Mortgage Finance Program | 4.000% | 5/15/49 | | 5,650 | | 6,287 |
| Connecticut Housing Finance Authority Revenue Housing Mortgage Finance Program PUT | 1.500% | 11/15/20 | | 1,155 | | 1,155 |
| Connecticut Housing Finance Authority Revenue Housing Mortgage Finance Program PUT | 2.600% | 11/15/21 | | 16,755 | | 16,773 |
| Connecticut Housing Finance Authority Revenue Housing Mortgage Finance Program PUT | 1.625% | 11/15/22 | | 1,000 | | 1,001 |
| Connecticut Special Tax Revenue | 5.000% | 10/1/20 | | 1,310 | | 1,355 |
| Connecticut Special Tax Revenue | 5.000% | 10/1/23 | | 3,375 | | 3,843 |
| Connecticut Special Tax Revenue | 5.000% | 10/1/25 | | 7,500 | | 9,011 |
| Connecticut Special Tax Revenue (Transportation Infrastructure) | 5.000% | 12/1/19 | | 4,915 | | 4,929 |
| Connecticut Special Tax Revenue (Transportation Infrastructure) | 5.000% | 10/1/20 | | 6,585 | | 6,809 |
| Connecticut Special Tax Revenue (Transportation Infrastructure) | 5.000% | 9/1/21 | | 11,340 | | 12,109 |
| Connecticut Special Tax Revenue (Transportation Infrastructure) | 5.000% | 9/1/24 | | 3,140 | | 3,670 |
| Connecticut Special Tax Revenue (Transportation Infrastructure) | 5.000% | 12/1/24 | | 10,320 | | 11,082 |
| Connecticut Special Tax Revenue (Transportation Infrastructure) | 5.000% | 1/1/25 | | 2,000 | | 2,222 |
| Connecticut Special Tax Revenue (Transportation Infrastructure) | 5.000% | 9/1/25 | | 4,025 | | 4,690 |
| Connecticut Special Tax Revenue (Transportation Infrastructure) | 5.000% | 10/1/25 | | 1,595 | | 1,812 |
| Greater New Haven CT Water Pollution Control Authority Regional Wastewater System Revenue | 5.000% | 8/15/20 | | 200 | | 206 |
| Greater New Haven CT Water Pollution Control Authority Regional Wastewater System Revenue | 5.000% | 8/15/22 | | 410 | | 452 |
| Hartford County CT Metropolitan District GO | 5.000% | 7/15/23 | | 525 | | 596 |
| Hartford County CT Metropolitan District GO | 5.000% | 7/15/25 | | 900 | | 1,079 |
| Hartford County CT Metropolitan District GO | 5.000% | 7/15/25 | | 3,000 | | 3,597 |
| Hartford County CT Metropolitan District GO | 5.000% | 7/15/26 | | 2,000 | | 2,454 |
| New Haven CT GO | 5.000% | 8/1/20 | (4) | 2,015 | | 2,067 |
| New Haven CT GO | 5.000% | 8/15/20 | (4)(ETM) | 1,500 | | 1,545 |
73
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| New Haven CT GO | 5.000% | 8/15/21 | (4)(ETM) | 1,575 | | 1,682 |
| University of Connecticut GO | 5.000% | 2/15/22 | | 10,250 | | 11,098 |
| University of Connecticut GO | 5.000% | 2/15/22 | | 2,940 | | 3,183 |
| University of Connecticut Revenue | 5.000% | 11/1/25 | | 1,000 | | 1,201 |
| University of Connecticut Revenue | 5.000% | 11/1/25 | | 1,825 | | 2,193 |
| | | | | | | 636,866 |
Delaware (0.2%) | | | | | | |
| Delaware GO | 5.000% | 7/1/21 | (ETM) | 1,045 | | 1,110 |
| Delaware GO | 5.000% | 7/1/21 | | 14,465 | | 15,404 |
| Delaware GO | 3.000% | 8/1/26 | | 2,265 | | 2,406 |
| Delaware Health Facilities Authority Revenue (Bayhealth Medical Center Obligated Group) | 5.000% | 6/1/24 | | 400 | | 455 |
| Delaware Health Facilities Authority Revenue (Bayhealth Medical Center Obligated Group) | 5.000% | 6/1/25 | | 700 | | 813 |
| Delaware Health Facilities Authority Revenue (Bayhealth Medical Center Obligated Group) | 5.000% | 6/1/26 | | 800 | | 945 |
| Delaware River & Bay Authority Delaware Revenue | 5.000% | 1/1/20 | | 255 | | 257 |
| Delaware River & Bay Authority Delaware Revenue | 5.000% | 1/1/20 | | 2,575 | | 2,590 |
| Delaware River & Bay Authority Delaware Revenue | 5.000% | 1/1/21 | | 250 | | 261 |
| Delaware River & Bay Authority Delaware Revenue | 5.000% | 1/1/21 | | 2,315 | | 2,415 |
| Delaware River & Bay Authority Delaware Revenue | 5.000% | 1/1/22 | | 345 | | 373 |
| Delaware River & Bay Authority Delaware Revenue | 5.000% | 1/1/22 | | 3,000 | | 3,241 |
| Delaware Transportation Authority Transportation System Revenue | 5.000% | 7/1/21 | | 550 | | 585 |
| Delaware Transportation Authority Transportation System Revenue | 5.000% | 7/1/22 | | 2,585 | | 2,847 |
| Delaware Transportation Authority Transportation System Revenue | 5.000% | 7/1/23 | | 3,425 | | 3,897 |
| New Castle County DE GO | 5.000% | 10/1/21 | | 7,575 | | 8,134 |
| University of Delaware Revenue | 5.000% | 11/1/20 | | 725 | | 752 |
| University of Delaware Revenue | 5.000% | 11/1/21 | | 800 | | 860 |
| University of Delaware Revenue | 5.000% | 11/1/22 | | 1,105 | | 1,229 |
| University of Delaware Revenue | 5.000% | 11/1/23 | | 1,070 | | 1,228 |
| University of Delaware Revenue | 5.000% | 11/1/24 | | 1,115 | | 1,318 |
| University of Delaware Revenue | 5.000% | 11/1/25 | | 2,585 | | 3,142 |
| | | | | | | 54,262 |
District of Columbia (0.1%) | | | | | | |
| District of Columbia GO | 5.000% | 6/1/22 | | 1,830 | | 2,009 |
| District of Columbia Hospital Revenue (Children’s Hospital Obligated Group) | 5.000% | 7/15/20 | | 1,010 | | 1,036 |
| District of Columbia Hospital Revenue (Children’s Hospital Obligated Group) | 5.000% | 7/15/22 | | 1,725 | | 1,897 |
| District of Columbia Hospital Revenue (Children’s Hospital Obligated Group) | 5.000% | 7/15/23 | | 1,390 | | 1,576 |
4 | District of Columbia Housing Finance Agency Multifamily Housing Revenue (The Yards Parcel Project) TOB VRDO | 1.200% | 11/7/19 | LOC | 5,225 | | 5,225 |
| District of Columbia Income Tax Revenue | 5.000% | 12/1/19 | | 1,500 | | 1,504 |
| District of Columbia Revenue (District of Columbia International School) | 5.000% | 7/1/20 | | 135 | | 138 |
| District of Columbia Revenue (District of Columbia International School) | 5.000% | 7/1/25 | | 225 | | 262 |
| District of Columbia Revenue (District of Columbia International School) | 5.000% | 7/1/26 | | 600 | | 711 |
| District of Columbia Revenue (Federal Highway Grant Anticipation) | 5.250% | 12/1/22 | | 5,345 | | 5,574 |
| District of Columbia Revenue (Georgetown University) | 5.000% | 4/1/21 | (ETM) | 930 | | 979 |
| District of Columbia Revenue (Georgetown University) | 5.000% | 4/1/22 | (ETM) | 1,420 | | 1,547 |
| District of Columbia Revenue (Georgetown University) | 5.000% | 4/1/23 | (ETM) | 2,300 | | 2,589 |
| District of Columbia Revenue (Georgetown University) | 5.000% | 4/1/24 | (ETM) | 1,130 | | 1,310 |
| District of Columbia Revenue (National Public Radio, Inc.) | 5.000% | 4/1/21 | | 1,100 | | 1,157 |
| District of Columbia Revenue (National Public Radio, Inc.) | 5.000% | 4/1/22 | | 1,885 | | 2,046 |
| District of Columbia Revenue (National Public Radio, Inc.) | 5.000% | 4/1/23 | | 2,015 | | 2,252 |
| Washington Convention & Sports Authority Revenue | 5.000% | 10/1/20 | | 2,600 | | 2,689 |
| Washington Convention & Sports Authority Revenue | 5.000% | 10/1/21 | | 2,575 | | 2,760 |
| Washington Convention & Sports Authority Revenue | 5.000% | 10/1/22 | | 3,500 | | 3,872 |
| | | | | | | 41,133 |
Florida (3.4%) | | | | | | |
| Alachua County FL Health Facilities Authority Revenue (Shands Teaching Hospital & Clinics, Inc. Project) | 5.000% | 12/1/21 | | 335 | | 360 |
| Alachua County FL Health Facilities Authority Revenue (Shands Teaching Hospital & Clinics, Inc. Project) | 5.000% | 12/1/22 | | 350 | | 388 |
| Alachua County FL Health Facilities Authority Revenue (Shands Teaching Hospital & Clinics, Inc. Project) | 4.000% | 12/1/23 | | 1,000 | | 1,100 |
| Alachua County FL Health Facilities Authority Revenue (Shands Teaching Hospital & Clinics, Inc. Project) | 5.000% | 12/1/24 | | 1,210 | | 1,415 |
| Alachua County FL Health Facilities Authority Revenue (Shands Teaching Hospital & Clinics, Inc. Project) | 5.000% | 12/1/25 | | 1,500 | | 1,795 |
| Alachua County FL Health Facilities Authority Revenue (Shands Teaching Hospital & Clinics, Inc. Project) | 5.000% | 12/1/26 | | 2,175 | | 2,655 |
| Alachua County FL Health Facilities Authority Revenue (Shands Teaching Hospital & Clinics, Inc. Project) PUT | 5.000% | 12/1/26 | | 8,000 | | 9,548 |
| Atlantic Beach FL Health Care Facilities Revenue (Fleet Landing Project) | 3.000% | 11/15/23 | | 1,920 | | 1,931 |
| Brevard County FL Health Facilities Authority Revenue (Health First Inc. Project) | 5.000% | 4/1/20 | | 500 | | 507 |
74
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Brevard County FL Health Facilities Authority Revenue (Health First Inc. Project) | 5.000% | 4/1/21 | | 1,050 | | 1,102 |
| Brevard County FL Health Facilities Authority Revenue (Health First Inc. Project) | 5.000% | 4/1/22 | | 1,050 | | 1,138 |
| Broward County FL Airport System Revenue | 5.000% | 10/1/20 | | 1,265 | | 1,309 |
| Broward County FL Airport System Revenue | 5.000% | 10/1/21 | | 760 | | 815 |
| Broward County FL School Board COP | 5.000% | 7/1/23 | | 5,535 | | 6,272 |
| Broward County FL School Board COP | 5.000% | 7/1/23 | | 450 | | 510 |
| Broward County FL School Board COP | 5.000% | 7/1/24 | | 6,755 | | 7,885 |
| Broward County FL School Board COP | 5.000% | 7/1/24 | | 400 | | 467 |
| Broward County FL School Board COP | 5.000% | 7/1/25 | | 12,730 | | 15,279 |
| Broward County FL School Board COP | 5.000% | 7/1/25 | | 400 | | 480 |
| Broward County FL School Board COP | 5.000% | 7/1/26 | | 475 | | 583 |
| Cape Coral FL Utility Improvement Special Assessment Revenue | 2.125% | 9/1/22 | (4) | 1,165 | | 1,176 |
| Cape Coral FL Utility Improvement Special Assessment Revenue | 2.250% | 9/1/23 | (4) | 1,035 | | 1,052 |
| Cape Coral FL Utility Improvement Special Assessment Revenue | 2.500% | 9/1/24 | (4) | 1,410 | | 1,453 |
| Cape Coral FL Water & Sewer System Revenue | 5.000% | 10/1/23 | | 855 | | 975 |
| Cape Coral FL Water & Sewer System Revenue | 5.000% | 10/1/24 | | 1,120 | | 1,315 |
| Capital Trust Agency Florida Educational Facilities Revenue (Advantage Academy of Hillsborough Projects) | 4.000% | 12/15/24 | | 500 | | 530 |
| Citizens Property Insurance Corp. Florida Revenue (Coastal Account) | 5.000% | 6/1/22 | | 30,260 | | 32,591 |
| Citizens Property Insurance Corp. Florida Revenue (Coastal Account) | 5.000% | 6/1/25 | | 5,000 | | 5,901 |
| Citizens Property Insurance Corp. Florida Revenue (Personal Lines Account/Commercial Lines Account) | 5.000% | 6/1/22 | | 5,490 | | 6,011 |
| Duval County FL School Board COP | 5.000% | 7/1/20 | | 750 | | 768 |
| Duval County FL School Board COP | 5.000% | 7/1/21 | | 1,020 | | 1,082 |
| Duval County FL School Board COP | 5.000% | 7/1/22 | | 1,030 | | 1,126 |
| Escambia County FL School Board Sales Tax Revenue | 5.000% | 9/1/21 | | 240 | | 256 |
| Escambia County FL School Board Sales Tax Revenue | 5.000% | 9/1/22 | | 325 | | 358 |
| Escambia County FL School Board Sales Tax Revenue | 5.000% | 9/1/23 | | 275 | | 312 |
| Florida Board of Education Lottery Revenue | 4.000% | 7/1/25 | | 5,045 | | 5,403 |
| Florida Board of Education Public Education Capital Outlay GO | 5.000% | 6/1/22 | | 6,000 | | 6,587 |
| Florida Board of Education Public Education Capital Outlay GO | 5.000% | 6/1/22 | | 1,200 | | 1,227 |
| Florida Board of Education Public Education Capital Outlay GO | 5.000% | 6/1/24 | | 9,210 | | 9,765 |
| Florida Board of Education Public Education Capital Outlay GO | 5.000% | 6/1/24 | | 5,750 | | 6,727 |
| Florida Board of Education Public Education Capital Outlay GO | 5.000% | 6/1/25 | | 10,000 | | 10,600 |
| Florida Board of Education Public Education Capital Outlay GO | 4.000% | 6/1/26 | | 4,080 | | 4,357 |
| Florida Board of Education Public Education Capital Outlay GO | 4.750% | 6/1/28 | | 1,210 | | 1,247 |
| Florida Board of Education Public Education Revenue | 5.000% | 6/1/23 | | 1,500 | | 1,702 |
| Florida Board of Governors University System Improvement Revenue | 5.000% | 7/1/21 | | 1,040 | | 1,106 |
| Florida Board of Governors University System Improvement Revenue | 5.000% | 7/1/22 | | 2,080 | | 2,287 |
| Florida Department of Environmental Protection & Preservation Revenue | 5.000% | 7/1/25 | | 4,849 | | 5,670 |
| Florida Department of Management Services COP | 5.000% | 11/1/25 | | 24,910 | | 30,182 |
| Florida Department of Transportation (Sunshine Skyway Bridge) Revenue | 5.000% | 7/1/20 | | 1,240 | | 1,270 |
| Florida Department of Transportation (Sunshine Skyway Bridge) Revenue | 5.000% | 7/1/21 | | 3,025 | | 3,208 |
| Florida Department of Transportation (Sunshine Skyway Bridge) Revenue | 5.000% | 7/1/23 | | 1,535 | | 1,733 |
| Florida Department of Transportation (Sunshine Skyway Bridge) Revenue | 5.000% | 7/1/25 | | 1,775 | | 2,117 |
| Florida Department of Transportation (Sunshine Skyway Bridge) Revenue | 5.000% | 7/1/26 | | 3,860 | | 4,712 |
| Florida Department of Transportation GO | 5.000% | 7/1/25 | | 1,000 | | 1,064 |
4 | Florida Development Finance Corp. Healthcare Facilities Revenue (Shands Jacksonville Medical Center Obligated Group) TOB VRDO | 1.170% | 11/7/19 | LOC | 20,275 | | 20,275 |
| Florida Governmental Utility Authority Revenue | 4.000% | 10/1/21 | (4) | 375 | | 395 |
| Florida Governmental Utility Authority Revenue | 5.000% | 10/1/22 | (4) | 575 | | 636 |
| Florida Governmental Utility Authority Revenue | 5.000% | 10/1/23 | (4) | 300 | | 342 |
| Florida Governmental Utility Authority Revenue | 5.000% | 10/1/24 | (4) | 1,160 | | 1,355 |
| Florida Governmental Utility Authority Revenue | 5.000% | 10/1/24 | (4) | 700 | | 824 |
| Florida Governmental Utility Authority Revenue | 5.000% | 10/1/25 | (4) | 750 | | 902 |
| Florida Governmental Utility Authority Revenue | 5.000% | 10/1/25 | (4) | 775 | | 935 |
| Florida Governmental Utility Authority Revenue | 5.000% | 10/1/26 | (4) | 750 | | 917 |
| Florida Governmental Utility Authority Revenue | 5.000% | 10/1/26 | (4) | 1,000 | | 1,232 |
| Florida Higher Educational Facilities Financing Authority Revenue (Florida Institute of Technology) | 5.000% | 10/1/21 | | 225 | | 239 |
| Florida Higher Educational Facilities Financing Authority Revenue (Florida Institute of Technology) | 5.000% | 10/1/23 | | 310 | | 347 |
| Florida Higher Educational Facilities Financing Authority Revenue (Florida Institute of Technology) | 5.000% | 10/1/25 | | 475 | | 553 |
| Florida Higher Educational Facilities Financing Authority Revenue (Florida Institute of Technology) | 5.000% | 10/1/26 | | 750 | | 884 |
| Florida Higher Educational Facilities Financing Authority Revenue (Florida Institute of Technology) | 5.000% | 10/1/27 | | 650 | | 776 |
| Florida Higher Educational Facilities Financing Authority Revenue (Ringling College Project) | 4.000% | 3/1/21 | | 150 | | 155 |
| Florida Higher Educational Facilities Financing Authority Revenue (Ringling College Project) | 4.000% | 3/1/22 | | 115 | | 122 |
| Florida Higher Educational Facilities Financing Authority Revenue (Ringling College Project) | 5.000% | 3/1/23 | | 185 | | 206 |
| Florida Higher Educational Facilities Financing Authority Revenue (Ringling College Project) | 5.000% | 3/1/24 | | 115 | | 131 |
| Florida Higher Educational Facilities Financing Authority Revenue (Ringling College Project) | 5.000% | 3/1/25 | | 250 | | 292 |
| Florida Higher Educational Facilities Financing Authority Revenue (Ringling College Project) | 5.000% | 3/1/26 | | 275 | | 328 |
| Florida Municipal Power Agency Revenue | 5.000% | 10/1/20 | | 500 | | 517 |
| Florida Municipal Power Agency Revenue | 5.000% | 10/1/21 | | 990 | | 1,061 |
75
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Florida Municipal Power Agency Revenue | 5.000% | 10/1/21 | | 7,265 | | 7,783 |
| Florida Municipal Power Agency Revenue | 5.000% | 10/1/22 | | 1,600 | | 1,772 |
| Florida Municipal Power Agency Revenue | 5.000% | 10/1/22 | | 8,420 | | 9,324 |
| Florida Municipal Power Agency Revenue | 5.000% | 10/1/23 | | 9,000 | | 10,284 |
| Florida Municipal Power Agency Revenue | 5.000% | 10/1/25 | | 4,160 | | 5,008 |
| Florida Municipal Power Agency Revenue | 5.000% | 10/1/26 | | 5,690 | | 6,992 |
| Florida Turnpike Authority Revenue | 5.000% | 7/1/21 | | 4,195 | | 4,462 |
| Florida Turnpike Authority Revenue | 5.000% | 7/1/22 | | 8,595 | | 9,460 |
| Florida Turnpike Authority Revenue | 5.000% | 7/1/22 | | 3,220 | | 3,544 |
| Gainesville FL Utilities System Revenue | 5.000% | 10/1/23 | | 2,680 | | 3,067 |
| Gainesville FL Utilities System Revenue | 5.000% | 10/1/24 | | 3,035 | | 3,573 |
| Greater Orlando Aviation Authority Florida Airport Facilities Revenue | 5.000% | 10/1/22 | | 575 | | 637 |
| Greater Orlando Aviation Authority Florida Airport Facilities Revenue | 5.000% | 10/1/24 | | 940 | | 1,103 |
| Halifax FL Hospital Medical Center Revenue | 5.000% | 6/1/26 | | 2,685 | | 3,138 |
| Halifax Hospital Medical Center Florida Hospital Revenue | 5.000% | 6/1/20 | | 1,530 | | 1,560 |
| Halifax Hospital Medical Center Florida Hospital Revenue | 5.000% | 6/1/21 | | 2,390 | | 2,513 |
| Halifax Hospital Medical Center Florida Hospital Revenue | 5.000% | 6/1/21 | | 350 | | 368 |
| Halifax Hospital Medical Center Florida Hospital Revenue | 5.000% | 6/1/22 | | 1,125 | | 1,218 |
| Halifax Hospital Medical Center Florida Hospital Revenue | 5.000% | 6/1/23 | | 775 | | 862 |
| Halifax Hospital Medical Center Florida Hospital Revenue | 5.000% | 6/1/24 | | 1,115 | | 1,272 |
| Halifax Hospital Medical Center Florida Hospital Revenue | 5.000% | 6/1/25 | | 1,895 | | 2,213 |
| Highlands County FL Health Facilities Authority Hospital Revenue (Adventist Health System/Sunbelt Obligated Group) | 5.000% | 11/15/19 | (ETM) | 5 | | 5 |
| Highlands County FL Health Facilities Authority Hospital Revenue (Adventist Health System/Sunbelt Obligated Group) | 5.000% | 11/15/19 | (ETM) | 2,995 | | 2,998 |
| Hillsborough County FL Community Investment Tax Revenue | 5.000% | 11/1/21 | | 8,855 | | 9,520 |
| Hillsborough County FL Community Investment Tax Revenue | 5.000% | 11/1/25 | | 2,270 | | 2,742 |
| Hillsborough County FL School Board COP | 5.000% | 7/1/22 | | 815 | | 895 |
| Hillsborough County FL School Board COP | 5.000% | 7/1/22 | | 9,650 | | 10,592 |
| Hillsborough County FL School Board COP | 5.000% | 7/1/23 | | 890 | | 1,008 |
| Hillsborough County FL School Board COP | 5.000% | 7/1/23 | | 8,600 | | 9,742 |
| Hillsborough County FL School Board COP | 5.000% | 7/1/24 | | 975 | | 1,138 |
| Hillsborough County FL School Board Sales Tax Revenue | 5.000% | 10/1/20 | (4) | 2,430 | | 2,513 |
| Hillsborough County FL School Board Sales Tax Revenue | 5.000% | 10/1/21 | (4) | 1,835 | | 1,966 |
| Hillsborough County FL School Board Sales Tax Revenue | 5.000% | 10/1/22 | (4) | 1,690 | | 1,871 |
| Hollywood FL Community Redevelopment Agency Tax Allocation Revenue | 5.000% | 3/1/20 | | 1,570 | | 1,589 |
| Hollywood FL Community Redevelopment Agency Tax Allocation Revenue | 5.000% | 3/1/21 | | 2,250 | | 2,360 |
| Hollywood FL Community Redevelopment Agency Tax Allocation Revenue | 5.000% | 3/1/22 | | 2,865 | | 3,094 |
| Jacksonville FL Electric Authority Electric System Revenue | 5.000% | 10/1/20 | | 1,655 | | 1,707 |
| Jacksonville FL Electric Authority Electric System Revenue | 5.000% | 10/1/20 | | 2,950 | | 3,043 |
| Jacksonville FL Electric Authority Electric System Revenue | 5.000% | 4/1/23 | (Prere.) | 1,710 | | 1,928 |
| Jacksonville FL Electric Authority Electric System Revenue | 5.000% | 4/1/23 | (Prere.) | 2,280 | | 2,570 |
| Jacksonville FL Electric Authority Electric System Revenue | 5.000% | 4/1/23 | (Prere.) | 515 | | 581 |
| Jacksonville FL Electric Authority Electric System Revenue | 5.000% | 10/1/24 | (ETM) | 4,000 | | 4,718 |
| Jacksonville FL Electric Authority Electric System Revenue | 5.000% | 10/1/25 | (ETM) | 27,220 | | 32,981 |
| Jacksonville FL Electric Authority Revenue (St. John’s River Power Park) | 5.000% | 10/1/20 | | 1,500 | | 1,504 |
| Jacksonville FL Electric Authority Water & Sewer Revenue | 5.000% | 10/1/22 | (ETM) | 1,485 | | 1,647 |
| Jacksonville FL Electric Authority Water & Sewer Revenue | 5.000% | 10/1/23 | | 1,500 | | 1,703 |
| Jacksonville FL Electric Authority Water & Sewer Revenue | 5.000% | 10/1/23 | | 500 | | 568 |
| Jacksonville FL Electric Authority Water & Sewer Revenue | 5.000% | 10/1/24 | | 2,750 | | 3,210 |
| Jacksonville FL Electric Authority Water & Sewer Revenue | 5.000% | 10/1/25 | | 4,130 | | 4,949 |
1,4 | Jacksonville FL Electric System Revenue TOB, SIFMA Municipal Swap Index Yield + 0.300% | 1.420% | 11/7/19 | | 46,680 | | 46,680 |
| Jacksonville FL Health Care Facilities Revenue (Baptist Health System Obligated Group) | 5.000% | 8/15/23 | | 1,690 | | 1,922 |
| Jacksonville FL Health Care Facilities Revenue (Brooks Rehabilitation) | 5.000% | 11/1/20 | | 810 | | 838 |
| Jacksonville FL Health Care Facilities Revenue (Brooks Rehabilitation) | 5.000% | 11/1/21 | | 735 | | 786 |
| Jacksonville FL Health Care Facilities Revenue (Brooks Rehabilitation) | 5.000% | 11/1/22 | | 770 | | 849 |
| Jacksonville FL Health Care Facilities Revenue (Brooks Rehabilitation) | 5.000% | 11/1/23 | | 1,645 | | 1,863 |
| Jacksonville FL Health Care Facilities Revenue (Brooks Rehabilitation) | 5.000% | 11/1/24 | | 1,750 | | 2,030 |
| Jacksonville FL Health Care Facilities Revenue (Brooks Rehabilitation) | 5.000% | 11/1/25 | | 1,665 | | 1,970 |
| Jacksonville FL Sales Tax Revenue | 5.000% | 10/1/22 | | 1,250 | | 1,381 |
| Jacksonville FL Sales Tax Revenue | 5.000% | 10/1/25 | | 1,590 | | 1,912 |
| Jacksonville FL Sales Tax Revenue | 5.000% | 10/1/26 | (4) | 1,000 | | 1,107 |
| Jacksonville FL Special Revenue | 5.000% | 10/1/21 | | 1,750 | | 1,875 |
| Jacksonville FL Special Revenue | 5.000% | 10/1/21 | | 760 | | 814 |
| Jacksonville FL Special Revenue | 5.000% | 10/1/22 | | 1,660 | | 1,840 |
| Jacksonville FL Special Revenue | 5.000% | 10/1/22 | | 1,055 | | 1,170 |
| Jacksonville FL Special Revenue | 5.000% | 10/1/23 | | 1,500 | | 1,714 |
| Jacksonville FL Special Revenue | 5.000% | 10/1/23 | | 2,460 | | 2,811 |
| Jacksonville FL Special Revenue | 5.000% | 10/1/24 | | 2,300 | | 2,693 |
| Jacksonville FL Special Revenue | 5.000% | 10/1/26 | | 1,120 | | 1,374 |
| Jacksonville FL Transportation Revenue | 5.000% | 10/1/28 | | 8,425 | | 9,241 |
76
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Key West FL Utility Board Electricity Revenue | 5.000% | 10/1/20 | | 300 | | 310 |
| Key West FL Utility Board Electricity Revenue | 5.000% | 10/1/22 | | 200 | | 221 |
| Key West FL Utility Board Electricity Revenue | 5.000% | 10/1/24 | | 300 | | 352 |
| Key West FL Utility Board Electricity Revenue | 5.000% | 10/1/25 | | 380 | | 457 |
| Key West FL Utility Board Electricity Revenue | 5.000% | 10/1/26 | | 570 | | 698 |
| Lakeland FL Energy System Revenue | 5.000% | 10/1/22 | | 5,040 | | 5,584 |
| Lakeland FL Hospital Revenue (Lakeland Regional Health Systems) | 5.000% | 11/15/21 | | 365 | | 390 |
| Lakeland FL Hospital Revenue (Lakeland Regional Health Systems) | 5.000% | 11/15/22 | | 500 | | 551 |
| Lakeland FL Hospital Revenue (Lakeland Regional Health Systems) | 5.000% | 11/15/23 | | 1,250 | | 1,416 |
| Lakeland FL Hospital Revenue (Lakeland Regional Health Systems) | 5.000% | 11/15/25 | | 1,945 | | 2,313 |
| Lee County FL School Board COP | 5.000% | 8/1/20 | | 2,540 | | 2,610 |
| Lee County FL School Board COP | 5.000% | 8/1/21 | | 2,005 | | 2,135 |
| Lee Memorial Health System Florida Hospital Revenue | 5.000% | 4/1/25 | | 3,250 | | 3,832 |
| Lee Memorial Health System Florida Hospital Revenue | 5.000% | 4/1/26 | | 1,000 | | 1,205 |
| Lee Memorial Health System Florida Hospital Revenue PUT | 5.000% | 4/1/26 | | 21,000 | | 24,884 |
| Manatee County FL School District Revenue | 5.000% | 10/1/21 | (4) | 1,050 | | 1,126 |
| Manatee County FL School District Revenue | 5.000% | 10/1/22 | (4) | 1,500 | | 1,668 |
| Martin County FL Health Facilities Authority Revenue (Martin Memorial Medical Center) | 5.000% | 11/15/20 | (ETM) | 875 | | 908 |
| Martin County FL Health Facilities Authority Revenue (Martin Memorial Medical Center) | 5.000% | 11/15/21 | (ETM) | 2,720 | | 2,923 |
| Martin County FL Health Facilities Authority Revenue (Martin Memorial Medical Center) | 5.000% | 11/15/22 | (ETM) | 1,575 | | 1,749 |
| Martin County FL Health Facilities Authority Revenue (Martin Memorial Medical Center) | 5.000% | 11/15/23 | (ETM) | 500 | | 573 |
| Miami Beach FL Health Facilities Authority Revenue (Mount Sinai Medical Center) | 5.000% | 11/15/19 | | 1,650 | | 1,652 |
| Miami Beach FL Health Facilities Authority Revenue (Mount Sinai Medical Center) | 5.000% | 11/15/20 | | 400 | | 414 |
| Miami Beach FL Health Facilities Authority Revenue (Mount Sinai Medical Center) | 4.000% | 11/15/25 | | 150 | | 160 |
| Miami Beach FL Health Facilities Authority Revenue (Mount Sinai Medical Center) | 5.000% | 11/15/26 | | 500 | | 577 |
| Miami Beach FL Redevelopment Agency Tax Allocation Revenue | 5.000% | 2/1/24 | | 1,250 | | 1,438 |
| Miami Beach FL Resort Tax Revenue | 5.000% | 9/1/21 | | 1,125 | | 1,203 |
| Miami Beach FL Resort Tax Revenue | 4.000% | 9/1/22 | | 1,025 | | 1,104 |
| Miami Beach FL Resort Tax Revenue | 5.000% | 9/1/24 | | 1,705 | | 2,003 |
| Miami Beach FL Stormwater Revenue | 5.000% | 9/1/22 | | 1,035 | | 1,144 |
| Miami Beach FL Stormwater Revenue | 5.000% | 9/1/23 | | 1,000 | | 1,141 |
| Miami Beach FL Stormwater Revenue | 5.000% | 9/1/24 | | 1,420 | | 1,668 |
| Miami Beach FL Stormwater Revenue | 5.000% | 9/1/25 | | 1,690 | | 2,038 |
| Miami Beach FL Water & Sewer Revenue | 4.000% | 9/1/20 | | 400 | | 409 |
| Miami Beach FL Water & Sewer Revenue | 5.000% | 9/1/21 | | 350 | | 374 |
| Miami Beach FL Water & Sewer Revenue | 5.000% | 9/1/22 | | 305 | | 337 |
| Miami Beach FL Water & Sewer Revenue | 5.000% | 9/1/23 | | 375 | | 428 |
| Miami Beach FL Water & Sewer Revenue | 5.000% | 9/1/24 | | 350 | | 411 |
| Miami Beach FL Water & Sewer Revenue | 5.000% | 9/1/25 | | 790 | | 952 |
| Miami FL Special Obligation Street & Sidewalk Improvement Program Revenue | 5.000% | 1/1/21 | (4) | 1,060 | | 1,106 |
| Miami FL Special Obligation Street & Sidewalk Improvement Program Revenue | 5.000% | 1/1/22 | (4) | 1,115 | | 1,200 |
| Miami FL Special Obligation Street & Sidewalk Improvement Program Revenue | 5.000% | 1/1/24 | (4) | 2,460 | | 2,802 |
| Miami FL Special Obligation Street & Sidewalk Improvement Program Revenue | 5.000% | 1/1/25 | (4) | 2,590 | | 3,030 |
| Miami FL Special Obligation Street & Sidewalk Improvement Program Revenue | 5.000% | 1/1/26 | (4) | 1,360 | | 1,631 |
| Miami-Dade County FL Aviation Revenue (Miami International Airport) | 5.000% | 10/1/21 | (4) | 1,445 | | 1,496 |
4 | Miami-Dade County FL Educational Finance Authority Revenue TOB VRDO | 1.270% | 11/7/19 | | 15,690 | | 15,690 |
| Miami-Dade County FL Expressway Authority Toll System Revenue | 5.000% | 7/1/20 | | 3,595 | | 3,681 |
| Miami-Dade County FL Expressway Authority Toll System Revenue | 5.000% | 7/1/20 | | 1,500 | | 1,536 |
| Miami-Dade County FL Expressway Authority Toll System Revenue | 5.000% | 7/1/21 | | 1,000 | | 1,060 |
| Miami-Dade County FL Expressway Authority Toll System Revenue | 5.000% | 7/1/21 | | 3,290 | | 3,487 |
| Miami-Dade County FL Expressway Authority Toll System Revenue | 5.000% | 7/1/22 | | 1,265 | | 1,380 |
| Miami-Dade County FL Expressway Authority Toll System Revenue | 5.000% | 7/1/23 | | 1,170 | | 1,314 |
| Miami-Dade County FL Expressway Authority Toll System Revenue | 5.000% | 7/1/24 | | 425 | | 491 |
| Miami-Dade County FL Expressway Authority Toll System Revenue | 5.000% | 7/1/25 | | 3,425 | | 3,749 |
| Miami-Dade County FL Expressway Authority Toll System Revenue | 5.000% | 7/1/25 | | 1,105 | | 1,274 |
| Miami-Dade County FL Expressway Authority Toll System Revenue | 5.000% | 7/1/26 | | 3,115 | | 3,575 |
| Miami-Dade County FL Expressway Authority Toll System Revenue | 5.000% | 7/1/27 | | 1,000 | | 1,092 |
| Miami-Dade County FL GO | 5.000% | 7/1/22 | | 10,260 | | 11,290 |
| Miami-Dade County FL GO | 5.000% | 7/1/24 | | 3,200 | | 3,747 |
| Miami-Dade County FL Health Facilities Authority Hospital Revenue (Miami Children’s Hospital) | 4.000% | 8/1/20 | | 2,180 | | 2,224 |
| Miami-Dade County FL Health Facilities Authority Hospital Revenue (Miami Children’s Hospital) | 5.000% | 8/1/21 | | 1,300 | | 1,384 |
| Miami-Dade County FL Health Facilities Authority Hospital Revenue (Miami Children’s Hospital) | 5.000% | 8/1/22 | | 1,435 | | 1,570 |
| Miami-Dade County FL Health Facilities Authority Hospital Revenue (Miami Children’s Hospital) | 5.000% | 8/1/23 | | 1,000 | | 1,126 |
| Miami-Dade County FL Health Facilities Authority Hospital Revenue (Miami Children’s Hospital) | 5.000% | 8/1/24 | | 1,920 | | 2,160 |
| Miami-Dade County FL Industrial Development Authority Revenue (Biscayne Properties LLC) | 4.500% | 6/1/21 | | 840 | | 852 |
| Miami-Dade County FL Industrial Development Authority Revenue (Biscayne Properties LLC) | 5.000% | 6/1/22 | | 985 | | 1,018 |
| Miami-Dade County FL Industrial Development Authority Revenue (Biscayne Properties LLC) | 5.000% | 6/1/25 | | 1,015 | | 1,078 |
| Miami-Dade County FL Public Facilities Revenue (Public Health Trust) | 4.000% | 6/1/22 | | 1,155 | | 1,234 |
| Miami-Dade County FL Public Facilities Revenue (Public Health Trust) | 5.000% | 6/1/23 | | 2,270 | | 2,561 |
| Miami-Dade County FL Public Facilities Revenue (Public Health Trust) | 5.000% | 6/1/24 | | 2,180 | | 2,533 |
| Miami-Dade County FL School Board COP | 5.000% | 2/1/23 | | 11,735 | | 13,118 |
77
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Miami-Dade County FL School Board COP | 5.000% | 2/1/25 | | 635 | | 752 |
| Miami-Dade County FL Seaport Revenue | 5.000% | 10/1/20 | | 1,250 | | 1,290 |
| Miami-Dade County FL Seaport Revenue | 5.000% | 10/1/23 | | 435 | | 489 |
| Miami-Dade County FL Special Obligation Revenue | 5.000% | 4/1/23 | | 9,340 | | 10,519 |
| Miami-Dade County FL Special Obligation Revenue | 5.000% | 4/1/26 | | 3,660 | | 4,471 |
| Miami-Dade County FL Transit Sales Surtax Revenue | 5.000% | 7/1/25 | | 1,000 | | 1,093 |
| Miami-Dade County FL Water & Sewer Revenue | 5.000% | 10/1/25 | | 3,865 | | 4,675 |
| Monroe County FL School District Sales Tax Revenue | 5.000% | 10/1/21 | (4) | 500 | | 535 |
| Monroe County FL School District Sales Tax Revenue | 5.000% | 10/1/22 | (4) | 485 | | 535 |
| Monroe County FL School District Sales Tax Revenue | 5.000% | 10/1/23 | (4) | 625 | | 712 |
| North Brevard County FL Hospital District Revenue | 5.000% | 1/1/20 | | 1,100 | | 1,106 |
| North Brevard County FL Hospital District Revenue | 5.000% | 1/1/21 | | 1,535 | | 1,593 |
| North Brevard County FL Hospital District Revenue | 5.000% | 1/1/23 | | 2,115 | | 2,320 |
| North Brevard County FL Hospital District Revenue | 5.000% | 1/1/24 | | 2,015 | | 2,264 |
| Okeechobee County FL Solid Waste Disposal Revenue (Waste Management Inc./Okeechobee Landfill Project) PUT | 1.550% | 7/1/21 | | 1,100 | | 1,098 |
| Orange County FL Health Facilities Authority Hospital Revenue (Orlando Health Inc.) | 5.000% | 10/1/20 | | 5,000 | | 5,171 |
| Orange County FL Health Facilities Authority Hospital Revenue (Orlando Health Inc.) | 5.000% | 10/1/21 | | 4,000 | | 4,286 |
| Orange County FL Health Facilities Authority Hospital Revenue (Orlando Health Inc.) | 5.000% | 10/1/22 | | 7,000 | | 7,749 |
| Orange County FL Health Facilities Authority Hospital Revenue (Orlando Health Inc.) | 5.000% | 10/1/23 | | 9,860 | | 11,263 |
| Orange County FL Health Facilities Authority Hospital Revenue (Orlando Health Inc.) | 5.000% | 10/1/24 | | 6,000 | | 7,057 |
| Orange County FL Health Facilities Authority Hospital Revenue (Orlando Health Inc.) | 5.000% | 10/1/25 | | 13,585 | | 16,381 |
| Orange County FL Tourist Development Revenue | 5.000% | 10/1/20 | | 2,525 | | 2,612 |
| Orange County FL Tourist Development Revenue | 5.000% | 10/1/25 | | 4,575 | | 5,537 |
| Orlando & Orange County FL Expressway Authority Revenue | 5.000% | 7/1/25 | (4) | 1,210 | | 1,367 |
| Orlando FL Capital Improvement Revenue | 5.000% | 10/1/22 | | 4,200 | | 4,664 |
| Orlando FL Capital Improvement Revenue | 5.000% | 10/1/22 | | 1,040 | | 1,155 |
| Orlando FL Capital Improvement Revenue | 5.000% | 10/1/23 | | 1,545 | | 1,771 |
| Orlando FL Capital Improvement Revenue | 5.000% | 10/1/23 | | 1,090 | | 1,250 |
| Orlando FL Tourist Development Tax Revenue | 5.000% | 11/1/22 | (4) | 1,500 | | 1,662 |
| Orlando FL Tourist Development Tax Revenue | 5.000% | 11/1/23 | (4) | 1,260 | | 1,437 |
| Orlando FL Tourist Development Tax Revenue | 5.000% | 11/1/24 | (4) | 1,010 | | 1,186 |
| Orlando FL Tourist Development Tax Revenue | 5.000% | 11/1/25 | (4) | 1,630 | | 1,967 |
| Orlando FL Utility Commission Utility System Revenue PUT | 5.000% | 10/1/20 | | 12,175 | | 12,594 |
| Palm Bay FL GO | 5.000% | 7/1/21 | (4) | 830 | | 882 |
| Palm Bay FL GO | 5.000% | 7/1/22 | (4) | 870 | | 956 |
| Palm Bay FL GO | 5.000% | 7/1/23 | (4) | 915 | | 1,038 |
| Palm Bay FL GO | 5.000% | 7/1/24 | (4) | 1,920 | | 2,237 |
| Palm Bay FL GO | 5.000% | 7/1/25 | (4) | 2,015 | | 2,408 |
| Palm Beach County FL Health Facilities Authority Hospital Revenue (Baptist Health South Florida Obligated Group) | 5.000% | 8/15/23 | | 500 | | 567 |
| Palm Beach County FL Health Facilities Authority Hospital Revenue (Baptist Health South Florida Obligated Group) | 5.000% | 8/15/24 | | 800 | | 933 |
| Palm Beach County FL Health Facilities Authority Hospital Revenue (Baptist Health South Florida Obligated Group) | 5.000% | 8/15/25 | | 350 | | 418 |
| Palm Beach County FL Health Facilities Authority Hospital Revenue (Baptist Health South Florida Obligated Group) | 5.000% | 8/15/26 | | 455 | | 554 |
| Palm Beach County FL Health Facilities Authority Hospital Revenue (BRRH Corp. Obligated Group) | 4.000% | 12/1/19 | (ETM) | 1,000 | | 1,002 |
| Palm Beach County FL Health Facilities Authority Hospital Revenue (BRRH Corp. Obligated Group) | 5.000% | 12/1/20 | (ETM) | 900 | | 936 |
| Palm Beach County FL Health Facilities Authority Hospital Revenue (BRRH Corp. Obligated Group) | 5.000% | 12/1/21 | (ETM) | 1,165 | | 1,254 |
| Palm Beach County FL Health Facilities Authority Retirement Communities Revenue (ACTS Retirement - Life Communities Inc. Obligated Group) | 5.000% | 11/15/22 | | 1,000 | | 1,087 |
| Palm Beach County FL Health Facilities Authority Revenue (Jupiter Medical Center Inc. Project) | 5.000% | 11/1/19 | | 2,740 | | 2,740 |
| Palm Beach County FL Health Facilities Authority Revenue (Jupiter Medical Center Inc. Project) | 5.000% | 11/1/20 | | 1,500 | | 1,548 |
| Palm Beach County FL Health Facilities Authority Revenue (Jupiter Medical Center Inc. Project) | 5.000% | 11/1/21 | | 1,330 | | 1,415 |
| Palm Beach County FL Public Improvement Revenue | 5.000% | 6/1/25 | | 1,000 | | 1,096 |
| Palm Beach County FL School Board COP | 5.000% | 8/1/21 | | 1,845 | | 1,964 |
| Palm Beach County FL School Board COP | 5.000% | 8/1/21 | | 1,705 | | 1,815 |
| Palm Beach County FL School Board COP | 5.000% | 8/1/22 | | 2,000 | | 2,205 |
| Palm Beach County FL School Board COP | 5.000% | 8/1/22 | | 750 | | 827 |
| Palm Beach County FL School Board COP | 5.000% | 8/1/23 | | 2,025 | | 2,305 |
| Palm Beach County FL School Board COP | 5.000% | 8/1/23 | | 1,885 | | 2,145 |
| Palm Beach County FL School Board COP | 5.000% | 8/1/23 | | 1,500 | | 1,707 |
| Palm Beach County FL School Board COP | 5.000% | 8/1/24 | | 13,680 | | 16,028 |
| Palm Beach County FL School Board COP | 5.000% | 8/1/24 | | 1,600 | | 1,875 |
| Palm Beach County FL School Board COP | 5.000% | 8/1/25 | | 2,000 | | 2,410 |
| Palm Beach County FL Solid Waste Authority Revenue | 5.000% | 10/1/25 | | 1,620 | | 1,935 |
| Palm Beach County FL Solid Waste Authority Revenue | 5.000% | 10/1/26 | | 1,000 | | 1,190 |
| Pasco County FL School Board COP | 5.000% | 8/1/23 | (15) | 145 | | 164 |
| Pasco County FL School Board COP | 5.000% | 8/1/24 | (15) | 200 | | 233 |
| Pasco County FL School Board COP | 5.000% | 8/1/25 | (15) | 250 | | 299 |
78
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Port St. Lucie FL Special Assessment Revenue | 1.375% | 7/1/20 | | 1,000 | | 1,001 |
| Port St. Lucie FL Special Assessment Revenue | 1.500% | 7/1/21 | | 1,000 | | 1,003 |
| Port St. Lucie FL Special Assessment Revenue | 1.750% | 7/1/22 | | 1,265 | | 1,268 |
| Port St. Lucie FL Special Assessment Revenue | 2.000% | 7/1/23 | | 2,245 | | 2,271 |
| Port St. Lucie FL Special Assessment Revenue | 2.000% | 7/1/24 | | 1,580 | | 1,601 |
| Port St. Lucie FL Utility Revenue | 4.000% | 9/1/21 | | 240 | | 252 |
| Port St. Lucie FL Utility Revenue | 5.000% | 9/1/22 | | 925 | | 1,018 |
| Port St. Lucie FL Utility Revenue | 5.000% | 9/1/23 | | 580 | | 658 |
| Reedy Creek FL Improvement District GO | 5.000% | 6/1/20 | | 1,000 | | 1,022 |
| Reedy Creek FL Improvement District GO | 5.000% | 6/1/20 | | 1,000 | | 1,022 |
| Reedy Creek FL Improvement District GO | 5.000% | 6/1/21 | | 730 | | 773 |
| Reedy Creek FL Improvement District GO | 5.000% | 6/1/22 | | 1,695 | | 1,859 |
| Reedy Creek FL Improvement District GO | 5.000% | 6/1/23 | | 1,250 | | 1,414 |
| Reedy Creek FL Improvement District GO | 5.000% | 6/1/23 | | 3,490 | | 3,949 |
| Reedy Creek FL Improvement District GO | 5.000% | 6/1/24 | | 2,530 | | 2,946 |
| Sarasota County FL Health Facilities Authority Revenue (Village of Isle Project) | 5.000% | 1/1/21 | | 1,760 | | 1,817 |
| Sarasota County FL Health Facilities Authority Revenue (Village of Isle Project) | 5.000% | 1/1/22 | | 1,125 | | 1,191 |
| Sarasota County FL Health Facilities Authority Revenue (Village of Isle Project) | 5.000% | 1/1/23 | | 1,865 | | 2,019 |
| Sarasota County FL Health Facilities Authority Revenue (Village of Isle Project) | 5.000% | 1/1/24 | | 2,030 | | 2,244 |
| Sarasota County FL Infrastructure Sales Surtax Revenue | 5.000% | 10/1/21 | | 1,530 | | 1,641 |
| South Florida Water Management District COP | 5.000% | 10/1/21 | | 1,765 | | 1,893 |
| South Florida Water Management District COP | 5.000% | 10/1/22 | | 2,100 | | 2,327 |
| South Florida Water Management District COP | 5.000% | 10/1/23 | | 3,080 | | 3,523 |
4 | South Miami FL Health Facilities Authority (Baptist Health South Florida Obligated Group) TOB VRDO | 1.220% | 11/7/19 | | 16,625 | | 16,625 |
| South Miami FL Health Facilities Authority Revenue (Baptist Health South Florida Obligated Group) | 5.000% | 8/15/20 | | 1,125 | | 1,158 |
| South Miami FL Health Facilities Authority Revenue (Baptist Health South Florida Obligated Group) | 5.000% | 8/15/21 | | 1,250 | | 1,332 |
| South Miami FL Health Facilities Authority Revenue (Baptist Health South Florida Obligated Group) | 5.000% | 8/15/22 | | 1,120 | | 1,232 |
| South Miami FL Health Facilities Authority Revenue (Baptist Health South Florida Obligated Group) | 5.000% | 8/15/23 | | 2,200 | | 2,495 |
| South Miami FL Health Facilities Authority Revenue (Baptist Health South Florida Obligated Group) | 5.000% | 8/15/24 | | 2,500 | | 2,915 |
4 | South Miami FL Health Facilities Authority Revenue (Baptist Health South Florida Obligated Group) TOB VRDO | 1.220% | 11/7/19 | | 3,750 | | 3,750 |
| Sunrise FL Utility System Revenue | 5.200% | 10/1/20 | (Prere.) | 3,575 | | 3,703 |
| Sunshine State Governmental Financing Commission Florida Revenue (Miami Dade County Program) | 5.000% | 9/1/20 | | 2,830 | | 2,919 |
| Sunshine State Governmental Financing Commission Florida Revenue (Miami Dade County Program) | 5.000% | 9/1/20 | | 1,185 | | 1,222 |
| Sunshine State Governmental Financing Commission Florida Revenue (Miami Dade County Program) | 5.000% | 9/1/21 | | 2,090 | | 2,234 |
| Sunshine State Governmental Financing Commission Florida Revenue (Miami Dade County Program) | 5.000% | 9/1/21 | | 1,500 | | 1,604 |
| Tallahassee FL Energy System Revenue | 5.000% | 10/1/23 | | 475 | | 544 |
| Tallahassee FL Energy System Revenue | 5.000% | 10/1/24 | | 525 | | 619 |
| Tallahassee FL Energy System Revenue | 5.000% | 10/1/25 | | 1,085 | | 1,314 |
| Tallahassee FL Health Facilities Revenue (Tallahassee Memorial HealthCare Inc. Project) | 5.000% | 12/1/22 | | 1,535 | | 1,688 |
| Tallahassee FL Health Facilities Revenue (Tallahassee Memorial HealthCare Inc. Project) | 5.000% | 12/1/23 | | 525 | | 592 |
| Tampa FL Cigarette Tax Allocation Revenue (H. Lee Moffitt Cancer Center Project) | 5.000% | 9/1/20 | | 1,650 | | 1,699 |
| Tampa FL Cigarette Tax Allocation Revenue (H. Lee Moffitt Cancer Center Project) | 5.000% | 9/1/21 | | 655 | | 698 |
| Tampa FL Cigarette Tax Allocation Revenue (H. Lee Moffitt Cancer Center Project) | 5.000% | 9/1/22 | | 1,190 | | 1,307 |
| Tampa FL Cigarette Tax Allocation Revenue (H. Lee Moffitt Cancer Center Project) | 5.000% | 9/1/24 | | 1,100 | | 1,276 |
| Tampa FL Cigarette Tax Allocation Revenue (H. Lee Moffitt Cancer Center Project) | 5.000% | 9/1/25 | | 2,000 | | 2,383 |
| Tampa FL Hospital Revenue | 4.000% | 7/1/20 | | 1,100 | | 1,119 |
| Tampa FL Hospital Revenue (H. Lee Moffitt Cancer Center Project) | 5.000% | 7/1/23 | | 1,675 | | 1,882 |
4 | Tampa-Hillsborough County FL Expressway Authority Revenue TOB VRDO | 1.180% | 11/7/19 | | 14,760 | | 14,760 |
| Tohopekaliga FL Water Authority Utility System Revenue | 5.000% | 10/1/20 | | 1,825 | | 1,889 |
| Tohopekaliga FL Water Authority Utility System Revenue | 4.000% | 10/1/22 | | 3,510 | | 3,793 |
| Volusia County FL Educational Facilities Authority Revenue (Embry-Riddle Aeronautical University Inc.) | 5.000% | 10/15/23 | | 830 | | 943 |
| Volusia County FL Educational Facilities Authority Revenue (Stetson University) | 5.000% | 6/1/21 | | 1,485 | | 1,571 |
| Volusia County FL School Board COP | 5.000% | 8/1/21 | (15) | 525 | | 559 |
| Volusia County FL School Board COP | 5.000% | 8/1/22 | (15) | 840 | | 927 |
| | | | | | | 992,043 |
Georgia (2.7%) | | | | | | |
| Atlanta GA Airport Passenger Facility Charge Revenue | 5.000% | 1/1/25 | | 2,460 | | 2,829 |
| Atlanta GA Airport Passenger Facility Charge Revenue | 5.000% | 1/1/25 | | 3,405 | | 3,426 |
| Atlanta GA Airport Revenue | 5.000% | 1/1/20 | | 1,205 | | 1,212 |
| Atlanta GA Airport Revenue | 5.000% | 1/1/21 | | 750 | | 783 |
| Atlanta GA Tax Allocation Revenue (Atlantic Station Project) | 5.000% | 12/1/19 | | 1,100 | | 1,103 |
| Atlanta GA Tax Allocation Revenue (Atlantic Station Project) | 5.000% | 12/1/20 | | 1,000 | | 1,037 |
| Atlanta GA Tax Allocation Revenue (Atlantic Station Project) | 5.000% | 12/1/21 | | 1,150 | | 1,232 |
| Atlanta GA Tax Allocation Revenue (Atlantic Station Project) | 5.000% | 12/1/22 | | 1,000 | | 1,102 |
79
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Atlanta GA Tax Allocation Revenue (Atlantic Station Project) | 5.000% | 12/1/23 | | 1,000 | | 1,134 |
| Atlanta GA Tax Allocation Revenue (Atlantic Station Project) | 5.000% | 12/1/24 | | 900 | | 1,048 |
| Atlanta GA Water & Wastewater Revenue | 5.000% | 11/1/21 | | 2,035 | | 2,188 |
| Atlanta GA Water & Wastewater Revenue | 5.000% | 11/1/22 | | 2,645 | | 2,942 |
| Atlanta GA Water & Wastewater Revenue | 5.000% | 11/1/23 | | 2,615 | | 2,998 |
| Augusta GA Water & Sewerage Revenue | 5.000% | 10/1/22 | | 12,295 | | 13,619 |
| Augusta GA Water & Sewerage Revenue | 5.000% | 10/1/23 | | 7,800 | | 8,910 |
| Augusta GA Water & Sewerage Revenue | 5.000% | 10/1/24 | | 8,190 | | 9,624 |
| Augusta GA Water & Sewerage Revenue | 5.000% | 10/1/25 | | 8,600 | | 10,375 |
| Bartow County GA Development Authority Pollution Control Revenue (Georgia Power Co. Plant Bowen Project) PUT | 2.050% | 11/19/21 | | 2,650 | | 2,669 |
| Bleckley County & Dodge County GA Joint Development Authority Revenue (USG Real Estate Foundation VII LLC Project) | 5.000% | 7/1/22 | | 500 | | 548 |
| Bleckley County & Dodge County GA Joint Development Authority Revenue (USG Real Estate Foundation VII LLC Project) | 5.000% | 7/1/23 | | 625 | | 705 |
| Bleckley County & Dodge County GA Joint Development Authority Revenue (USG Real Estate Foundation VII LLC Project) | 5.000% | 7/1/24 | | 660 | | 766 |
| Bleckley County & Dodge County GA Joint Development Authority Revenue (USG Real Estate Foundation VII LLC Project) | 5.000% | 7/1/25 | | 860 | | 1,021 |
| Bulloch County GA Development Authority Revenue (Georgia Southern University Housing Foundation) | 5.000% | 7/1/23 | | 500 | | 564 |
| Bulloch County GA Development Authority Revenue (Georgia Southern University Housing Foundation) | 5.000% | 7/1/24 | | 345 | | 400 |
| Bulloch County GA Development Authority Revenue (Georgia Southern University Housing Foundation) | 5.000% | 7/1/26 | | 590 | | 717 |
| Burke County GA Development Authority Pollution Control Revenue (Georgia Power Co. Plant Vogtle Project) PUT | 2.500% | 5/3/21 | | 28,470 | | 28,898 |
| Burke County GA Development Authority Pollution Control Revenue (Georgia Power Co. Plant Vogtle Project) PUT | 1.650% | 6/18/21 | | 15,000 | | 15,007 |
| Burke County GA Development Authority Pollution Control Revenue (Georgia Power Co. Plant Vogtle Project) PUT | 2.050% | 11/19/21 | | 1,600 | | 1,612 |
| Cherokee County GA Board of Education GO | 5.000% | 2/1/21 | | 400 | | 419 |
| Cherokee County GA Board of Education GO | 5.000% | 8/1/22 | | 3,090 | | 3,409 |
| Cobb County GA Kennestone Hospital Authority Revenue | 5.000% | 4/1/20 | | 350 | | 355 |
| Cobb County GA Kennestone Hospital Authority Revenue | 5.000% | 4/1/22 | | 500 | | 541 |
| Cobb County GA Kennestone Hospital Authority Revenue | 5.000% | 4/1/23 | | 400 | | 445 |
| Cobb County GA Kennestone Hospital Authority Revenue | 5.000% | 4/1/24 | | 500 | | 571 |
5 | Columbia County GA Water & Sewer Revenue | 5.000% | 6/1/23 | | 965 | | 1,076 |
5 | Columbia County GA Water & Sewer Revenue | 5.000% | 6/1/26 | | 840 | | 1,013 |
5 | Columbus GA Medical Center Hospital Authority Revenue (Piedmont Healthcare Inc. Project) PUT | 5.000% | 7/1/26 | | 25,000 | | 29,912 |
| Dahlonega GA Downtown Development Authority Revenue (North Georgia MAC LLC Project) | 5.000% | 7/1/20 | | 335 | | 343 |
| Dahlonega GA Downtown Development Authority Revenue (North Georgia MAC LLC Project) | 5.000% | 7/1/21 | | 400 | | 424 |
| Dahlonega GA Downtown Development Authority Revenue (North Georgia MAC LLC Project) | 5.000% | 7/1/23 | | 835 | | 943 |
| Dahlonega GA Downtown Development Authority Revenue (North Georgia MAC LLC Project) | 5.000% | 7/1/24 | | 860 | | 1,001 |
| Dalton GA Combined Utilities Revenue | 5.000% | 3/1/23 | | 1,015 | | 1,128 |
| Dalton GA Combined Utilities Revenue | 5.000% | 3/1/24 | | 1,000 | | 1,142 |
| Dalton GA Combined Utilities Revenue | 5.000% | 3/1/25 | | 550 | | 643 |
| Dalton GA Development Authority Revenue (Hamilton Health Care System) | 5.000% | 8/15/20 | | 1,500 | | 1,544 |
| Dalton GA Development Authority Revenue (Hamilton Health Care System) | 5.000% | 8/15/21 | | 1,890 | | 2,012 |
| Dalton GA Development Authority Revenue (Hamilton Health Care System) | 5.000% | 8/15/28 | | 6,685 | | 7,261 |
| DeKalb County GA Private Hospital Authority Revenue (Children’s Healthcare of Atlanta Inc. Project) | 5.000% | 7/1/25 | | 2,000 | | 2,394 |
| DeKalb County GA Private Hospital Authority Revenue (Children’s Healthcare of Atlanta Inc. Project) | 5.000% | 7/1/26 | | 1,000 | | 1,224 |
| DeKalb County GA Water & Sewer Revenue | 5.000% | 10/1/20 | | 1,270 | | 1,314 |
| Douglas County GA GO | 5.000% | 4/1/21 | | 1,500 | | 1,581 |
| Douglas County GA GO | 5.000% | 4/1/22 | | 800 | | 873 |
5 | Fayette County GA Hospital Authority Revenue (Piedmont Healthcare Inc.) PUT | 5.000% | 7/1/24 | | 2,250 | | 2,577 |
| Fulton County GA Development Hospital Authority Revenue (WellStar Health System Obligated Group) | 5.000% | 4/1/22 | | 405 | | 438 |
| Fulton County GA Development Hospital Authority Revenue (WellStar Health System Obligated Group) | 5.000% | 4/1/23 | | 345 | | 384 |
| Fulton County GA Development Hospital Authority Revenue (WellStar Health System Obligated Group) | 5.000% | 4/1/24 | | 500 | | 571 |
5 | Fulton County GA Residential Care Facilities for the Elderly Authority Revenue (Canterbury Court Project) | 3.000% | 4/1/24 | | 1,000 | | 1,001 |
| Fulton County GA Residential Care Facilities for the Elderly Authority Revenue (Lenbrook Square) | 3.000% | 7/1/21 | | 1,925 | | 1,954 |
| Fulton County GA Residential Care Facilities for the Elderly Authority Revenue (Lenbrook Square) | 4.000% | 7/1/22 | | 1,335 | | 1,398 |
| Fulton County GA Residential Care Facilities for the Elderly Authority Revenue (Lenbrook Square) | 4.000% | 7/1/23 | | 1,990 | | 2,115 |
| Fulton County GA Residential Care Facilities for the Elderly Authority Revenue (Lenbrook Square) | 4.000% | 7/1/24 | | 2,185 | | 2,352 |
| Gainesville & Hall County GA Hospital Authority Revenue (Northeast Georgia Health System Inc. Project) | 5.000% | 2/15/21 | | 1,000 | | 1,045 |
80
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Gainesville & Hall County GA Hospital Authority Revenue (Northeast Georgia Health System Inc. Project) | 5.000% | 2/15/21 | | 700 | | 733 |
| Gainesville & Hall County GA Hospital Authority Revenue (Northeast Georgia Health System Inc. Project) | 5.000% | 2/15/22 | | 560 | | 606 |
| Gainesville & Hall County GA Hospital Authority Revenue (Northeast Georgia Health System Inc. Project) | 5.000% | 2/15/23 | | 500 | | 558 |
1 | Gainesville & Hall County GA Hospital Authority Revenue (Northeast Georgia Health System Inc. Project) PUT, SIFMA Municipal Swap Index Yield + 0.950% | 2.070% | 2/18/20 | | 18,725 | | 18,728 |
4 | Gainesville & Hall County GA Hospital Authority Revenue (Northeast Georgia Health System Inc. Project) TOB VRDO | 1.270% | 11/7/19 | | 5,900 | | 5,900 |
| Georgia GO | 5.000% | 2/1/23 | | 2,760 | | 3,099 |
| Georgia GO | 5.000% | 7/1/24 | | 6,000 | | 7,043 |
| Georgia GO | 5.000% | 2/1/26 | | 5,755 | | 6,453 |
| Georgia GO | 5.000% | 7/1/26 | | 18,235 | | 22,600 |
| Georgia Housing & Finance Authority Single Family Mortgage Revenue | 4.000% | 6/1/44 | | 1,445 | | 1,505 |
| Georgia Municipal Electric Power Authority Revenue | 5.000% | 1/1/20 | | 750 | | 754 |
| Georgia Municipal Electric Power Authority Revenue | 5.000% | 1/1/20 | | 5,730 | | 5,763 |
| Georgia Municipal Electric Power Authority Revenue | 5.000% | 1/1/21 | (15) | 2,665 | | 2,775 |
| Georgia Municipal Electric Power Authority Revenue | 5.000% | 1/1/22 | | 10,075 | | 10,836 |
| Georgia Municipal Electric Power Authority Revenue | 5.000% | 1/1/23 | | 400 | | 443 |
| Georgia Municipal Electric Power Authority Revenue | 5.000% | 1/1/24 | | 3,750 | | 4,267 |
| Georgia Municipal Gas Authority Revenue | 5.000% | 10/1/20 | | 3,685 | | 3,810 |
| Georgia Municipal Gas Authority Revenue | 5.000% | 10/1/22 | | 4,510 | | 4,981 |
| Georgia Road & Tollway Authority Revenue | 5.000% | 6/1/21 | | 16,405 | | 17,385 |
| Georgia Road & Tollway Authority Revenue | 5.000% | 6/1/22 | | 650 | | 713 |
| Georgia Road & Tollway Authority Revenue | 5.000% | 6/1/23 | | 540 | | 611 |
| Georgia Road & Tollway Authority Revenue | 5.000% | 6/1/24 | | 515 | | 599 |
| Georgia Road & Tollway Authority Revenue | 5.000% | 6/1/25 | | 540 | | 646 |
| Georgia Road & Tollway Authority Revenue Federal Highway Reimbursement Revenue | 5.000% | 6/1/21 | | 5,125 | | 5,431 |
| Glynn-Brunswick GA Memorial Hospital Authority Revenue (Southeast Georgia Health System Obligated Group) | 5.000% | 8/1/21 | | 2,500 | | 2,649 |
| Glynn-Brunswick GA Memorial Hospital Authority Revenue (Southeast Georgia Health System Obligated Group) | 5.000% | 8/1/22 | | 2,500 | | 2,729 |
| Glynn-Brunswick GA Memorial Hospital Authority Revenue (Southeast Georgia Health System Obligated Group) | 5.000% | 8/1/26 | | 2,530 | | 2,952 |
| Griffin-Spalding County GA Hospital Authority Revenue (WellStar Health System Obligated Group) | 4.000% | 4/1/22 | | 375 | | 397 |
| Griffin-Spalding County GA Hospital Authority Revenue (WellStar Health System Obligated Group) | 5.000% | 4/1/23 | | 370 | | 412 |
| Griffin-Spalding County GA Hospital Authority Revenue (WellStar Health System Obligated Group) | 5.000% | 4/1/24 | | 530 | | 606 |
| Gwinnett County GA School District GO | 5.000% | 2/1/20 | | 1,000 | | 1,009 |
| Gwinnett County GA Water & Sewerage Authority Revenue | 5.000% | 8/1/25 | | 12,225 | | 14,774 |
| Gwinnett County GA Water & Sewerage Authority Revenue | 5.000% | 8/1/26 | | 11,940 | | 14,793 |
| Jackson County GA School District GO | 5.000% | 3/1/26 | | 1,000 | | 1,222 |
| LaGrange-Troup County GA Hospital Authority Revenue (WellStar Health System Obligated Group) | 5.000% | 4/1/22 | | 300 | | 325 |
| LaGrange-Troup County GA Hospital Authority Revenue (WellStar Health System Obligated Group) | 5.000% | 4/1/23 | | 325 | | 362 |
| LaGrange-Troup County GA Hospital Authority Revenue (WellStar Health System Obligated Group) | 5.000% | 4/1/24 | | 450 | | 514 |
| Main Street Natural Gas Inc. Georgia Gas Project Revenue | 5.000% | 5/15/20 | | 740 | | 753 |
| Main Street Natural Gas Inc. Georgia Gas Project Revenue | 5.000% | 3/15/21 | | 3,545 | | 3,705 |
| Main Street Natural Gas Inc. Georgia Gas Project Revenue | 5.500% | 9/15/21 | | 1,255 | | 1,344 |
| Main Street Natural Gas Inc. Georgia Gas Project Revenue | 5.000% | 5/15/22 | | 500 | | 541 |
| Main Street Natural Gas Inc. Georgia Gas Project Revenue | 5.000% | 5/15/23 | | 750 | | 832 |
| Main Street Natural Gas Inc. Georgia Gas Project Revenue | 5.500% | 9/15/23 | | 4,555 | | 5,197 |
| Main Street Natural Gas Inc. Georgia Gas Project Revenue | 5.000% | 5/15/24 | | 1,000 | | 1,136 |
| Main Street Natural Gas Inc. Georgia Gas Project Revenue | 5.500% | 9/15/24 | | 5,000 | | 5,867 |
| Main Street Natural Gas Inc. Georgia Gas Project Revenue | 5.000% | 5/15/25 | | 2,500 | | 2,898 |
| Main Street Natural Gas Inc. Georgia Gas Project Revenue PUT | 4.000% | 9/1/23 | | 104,715 | | 113,202 |
| Main Street Natural Gas Inc. Georgia Gas Project Revenue PUT | 4.000% | 12/1/23 | | 500 | | 543 |
| Main Street Natural Gas Inc. Georgia Gas Project Revenue PUT | 4.000% | 12/2/24 | | 35,265 | | 39,566 |
1 | Main Street Natural Gas Inc. Georgia Gas Project Revenue PUT, 67% of 1M USD LIBOR + 0.830% | 2.191% | 12/1/23 | | 66,500 | | 66,489 |
| Monroe County GA Development Authority Pollution Control Revenue (Georgia Power Company Plant Scherer Project) PUT | 2.050% | 11/19/21 | | 1,625 | | 1,637 |
| Municipal Electric Authority Georgia Revenue | 5.000% | 11/1/19 | | 620 | | 620 |
| Municipal Electric Authority Georgia Revenue | 5.000% | 1/1/20 | | 42,560 | | 42,804 |
| Municipal Electric Authority Georgia Revenue | 5.000% | 1/1/20 | | 2,430 | | 2,444 |
| Municipal Electric Authority Georgia Revenue | 5.000% | 1/1/21 | | 2,150 | | 2,239 |
| Municipal Electric Authority Georgia Revenue | 5.000% | 1/1/21 | | 5,550 | | 5,780 |
| Municipal Electric Authority Georgia Revenue | 5.000% | 1/1/21 | | 4,985 | | 5,192 |
| Municipal Electric Authority Georgia Revenue | 5.250% | 1/1/21 | | 500 | | 522 |
| Municipal Electric Authority Georgia Revenue | 5.250% | 1/1/21 | | 175 | | 183 |
| Municipal Electric Authority Georgia Revenue | 5.000% | 1/1/22 | | 9,300 | | 10,001 |
81
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Municipal Electric Authority Georgia Revenue | 5.000% | 1/1/22 | | 3,710 | | 3,990 |
| Municipal Electric Authority Georgia Revenue | 5.000% | 1/1/23 | | 2,880 | | 3,193 |
| Municipal Electric Authority Georgia Revenue | 5.000% | 1/1/23 | | 4,685 | | 5,194 |
| Municipal Electric Authority Georgia Revenue | 5.000% | 1/1/23 | | 3,840 | | 4,257 |
| Municipal Electric Authority Georgia Revenue | 5.000% | 11/1/23 | | 1,715 | | 1,774 |
| Municipal Electric Authority Georgia Revenue | 5.000% | 1/1/24 | | 1,230 | | 1,404 |
| Municipal Electric Authority Georgia Revenue | 5.000% | 1/1/25 | | 3,830 | | 4,480 |
| Municipal Electric Authority Georgia Revenue | 5.000% | 1/1/25 | | 2,450 | | 2,849 |
| Municipal Electric Authority Georgia Revenue | 5.000% | 1/1/26 | | 680 | | 811 |
| Municipal Electric Authority Georgia Revenue | 5.000% | 1/1/26 | | 3,765 | | 4,489 |
| Municipal Electric Authority Georgia Revenue (Combined Cycle Project) | 5.000% | 11/1/22 | | 1,385 | | 1,528 |
| Municipal Electric Authority Georgia Revenue (Plant Voltage Units 3 & 4 Project M) | 5.000% | 1/1/25 | | 425 | | 494 |
| Municipal Electric Authority Georgia Revenue (Plant Voltage Units 3 & 4 Project M) | 5.000% | 1/1/26 | | 500 | | 592 |
| Municipal Electric Authority Georgia Revenue (Plant Voltage Units 3 & 4 Project M) | 5.000% | 1/1/27 | | 550 | | 662 |
| Municipal Electric Authority Georgia Revenue (Plant Voltage Units 3 & 4 Project P) | 5.000% | 1/1/23 | | 175 | | 193 |
| Municipal Electric Authority Georgia Revenue (Plant Voltage Units 3 & 4 Project P) | 5.000% | 1/1/24 | | 250 | | 283 |
| Municipal Electric Authority Georgia Revenue (Plant Voltage Units 3 & 4 Project P) | 5.000% | 1/1/25 | | 365 | | 422 |
| Municipal Electric Authority Georgia Revenue (Plant Voltage Units 3 & 4 Project P) | 5.000% | 1/1/26 | | 600 | | 708 |
| Municipal Electric Authority Georgia Revenue (Plant Voltage Units 3 & 4 Project P) | 5.000% | 1/1/27 | | 660 | | 791 |
| Municipal Electric Authority Georgia Revenue (Project One) | 5.000% | 1/1/21 | | 7,235 | | 7,535 |
| Municipal Electric Authority Georgia Revenue (Project One) | 5.000% | 1/1/24 | | 3,180 | | 3,618 |
| Municipal Gas Authority Georgia Revenue (Gas Portfolio III Project) | 5.000% | 10/1/20 | | 1,165 | | 1,204 |
| Municipal Gas Authority Georgia Revenue (Gas Portfolio III Project) | 5.000% | 10/1/21 | | 1,525 | | 1,631 |
| Municipal Gas Authority Georgia Revenue (Gas Portfolio III Project) | 5.000% | 10/1/22 | | 1,060 | | 1,171 |
| Private Colleges & University Authority of Georgia Revenue (Emory University) | 5.000% | 9/1/24 | | 1,060 | | 1,248 |
| Private Colleges & University Authority of Georgia Revenue (Emory University) | 5.000% | 9/1/25 | | 2,000 | | 2,419 |
| Private Colleges & University Authority of Georgia Revenue (Emory University) | 5.000% | 9/1/26 | | 1,220 | | 1,508 |
1 | Private Colleges & University Authority of Georgia Revenue (Emory University) PUT, SIFMA Municipal Swap Index Yield + 0.420% | 1.540% | 8/16/22 | | 25,000 | | 25,047 |
| Richmond County GA Hospital Authority Revenue (University Health Services Inc. Project) | 5.000% | 1/1/21 | | 1,000 | | 1,041 |
| Richmond County GA Hospital Authority Revenue (University Health Services Inc. Project) | 5.000% | 1/1/22 | | 1,200 | | 1,293 |
| Richmond County GA Hospital Authority Revenue (University Health Services Inc. Project) | 5.000% | 1/1/23 | | 1,185 | | 1,317 |
| Richmond County GA Hospital Authority Revenue (University Health Services Inc. Project) | 5.000% | 1/1/24 | | 1,035 | | 1,184 |
| South Regional GA Joint Development Authority Revenue (VSU Auxiliary Services Parking & Student Center Project) | 5.000% | 8/1/21 | | 1,550 | | 1,650 |
| South Regional GA Joint Development Authority Revenue (VSU Auxiliary Services Parking & Student Center Project) | 5.000% | 8/1/22 | | 1,000 | | 1,096 |
| South Regional GA Joint Development Authority Revenue (VSU Auxiliary Services Parking & Student Center Project) | 5.000% | 8/1/23 | | 1,080 | | 1,219 |
| South Regional GA Joint Development Authority Revenue (VSU Auxiliary Services Parking & Student Center Project) | 5.000% | 8/1/24 | | 1,490 | | 1,732 |
| Valdosta & Lowndes County GA GO Hospital Authority Revenue | 5.000% | 10/1/23 | | 325 | | 371 |
| Valdosta & Lowndes County GA GO Hospital Authority Revenue | 5.000% | 10/1/24 | | 300 | | 352 |
| Valdosta & Lowndes County GA GO Hospital Authority Revenue | 5.000% | 10/1/25 | | 600 | | 721 |
| Valdosta & Lowndes County GA GO Hospital Authority Revenue | 5.000% | 10/1/26 | | 300 | | 368 |
| | | | | | | 772,189 |
Guam (0.1%) | | | | | | |
| Guam Business Privilege Tax Revenue | 5.000% | 1/1/22 | | 570 | | 606 |
| Guam Government Business Privilege Tax Revenue | 5.000% | 11/15/19 | | 500 | | 500 |
| Guam Government Business Privilege Tax Revenue | 5.000% | 1/1/20 | | 390 | | 392 |
| Guam Government Business Privilege Tax Revenue | 5.000% | 11/15/20 | | 2,845 | | 2,938 |
| Guam Government Business Privilege Tax Revenue | 5.000% | 11/15/21 | | 1,700 | | 1,805 |
| Guam Government Business Privilege Tax Revenue | 5.000% | 11/15/22 | | 2,185 | | 2,375 |
| Guam Government Business Privilege Tax Revenue | 5.000% | 1/1/23 | | 3,300 | | 3,508 |
| Guam Government Business Privilege Tax Revenue | 5.000% | 11/15/23 | | 1,835 | | 2,038 |
| Guam Government Business Privilege Tax Revenue | 5.000% | 1/1/25 | | 990 | | 1,050 |
| Guam Government Business Privilege Tax Revenue | 5.000% | 12/1/26 | | 750 | | 880 |
| Guam Government Limited Obligation Revenue | 5.000% | 12/1/19 | | 750 | | 752 |
| Guam Government Waterworks Authority Water & Waste Water System Revenue | 5.000% | 7/1/20 | | 1,000 | | 1,021 |
| Guam Government Waterworks Authority Water & Waste Water System Revenue | 5.000% | 7/1/20 | | 630 | | 643 |
| Guam Government Waterworks Authority Water & Waste Water System Revenue | 5.250% | 7/1/20 | | 600 | | 614 |
| Guam Government Waterworks Authority Water & Waste Water System Revenue | 5.250% | 7/1/21 | | 1,390 | | 1,469 |
| Guam Government Waterworks Authority Water & Waste Water System Revenue | 5.000% | 7/1/23 | | 575 | | 639 |
| Guam Government Waterworks Authority Water & Waste Water System Revenue | 5.000% | 7/1/23 | | 1,500 | | 1,668 |
| Guam Government Waterworks Authority Water & Waste Water System Revenue | 5.000% | 7/1/24 | | 500 | | 569 |
| Guam Government Waterworks Authority Water & Waste Water System Revenue | 5.000% | 7/1/25 | | 500 | | 582 |
| Guam Power Authority Revenue | 5.000% | 10/1/20 | | 520 | | 534 |
| Guam Power Authority Revenue | 5.000% | 10/1/23 | | 1,000 | | 1,108 |
| Guam Power Authority Revenue | 5.000% | 10/1/24 | | 2,145 | | 2,425 |
| Guam Power Authority Revenue | 5.000% | 10/1/25 | | 1,480 | | 1,704 |
| | | | | | | 29,820 |
82
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
Hawaii (1.1%) | | | | | | |
| Hawaii County HI GO | 5.000% | 9/1/23 | | 1,200 | | 1,371 |
| Hawaii County HI GO | 5.000% | 9/1/23 | | 1,785 | | 2,039 |
| Hawaii County HI GO | 5.000% | 9/1/23 | | 1,395 | | 1,593 |
1 | Hawaii Department of Budget & Finance Special Purpose Revenue (Queens Health System) PUT, SIFMA Municipal Swap Index Yield + 0.450% | 1.570% | 5/28/20 | | 4,195 | | 4,195 |
1 | Hawaii Department of Budget & Finance Special Purpose Revenue (Queens Health System) PUT, SIFMA Municipal Swap Index Yield + 0.450% | 1.570% | 5/28/20 | | 2,165 | | 2,165 |
| Hawaii GO | 5.000% | 12/1/19 | | 5,000 | | 5,014 |
| Hawaii GO | 5.000% | 8/1/21 | | 7,630 | | 8,132 |
| Hawaii GO | 5.000% | 8/1/21 | | 7,260 | | 7,738 |
| Hawaii GO | 5.000% | 12/1/21 | (Prere.) | 6,250 | | 6,738 |
| Hawaii GO | 5.000% | 12/1/21 | (Prere.) | 3,230 | | 3,486 |
| Hawaii GO | 5.000% | 12/1/21 | (Prere.) | 13,045 | | 14,077 |
| Hawaii GO | 5.000% | 8/1/22 | | 6,000 | | 6,622 |
| Hawaii GO | 5.000% | 8/1/22 | | 2,645 | | 2,919 |
| Hawaii GO | 5.000% | 10/1/22 | | 9,055 | | 10,049 |
| Hawaii GO | 5.000% | 10/1/22 | | 7,040 | | 7,813 |
| Hawaii GO | 5.000% | 10/1/22 | | 2,715 | | 3,013 |
| Hawaii GO | 5.000% | 4/1/23 | | 9,940 | | 11,212 |
| Hawaii GO | 4.000% | 5/1/23 | | 2,080 | | 2,282 |
| Hawaii GO | 5.000% | 8/1/23 | (Prere.) | 1,275 | | 1,455 |
| Hawaii GO | 5.000% | 10/1/23 | | 3,670 | | 4,206 |
| Hawaii GO | 5.000% | 10/1/23 | | 3,005 | | 3,444 |
| Hawaii GO | 5.000% | 1/1/24 | | 2,870 | | 3,313 |
| Hawaii GO | 5.000% | 4/1/24 | | 13,610 | | 15,830 |
| Hawaii GO | 4.000% | 5/1/24 | | 3,985 | | 4,473 |
| Hawaii GO | 5.000% | 5/1/24 | | 13,040 | | 15,205 |
| Hawaii GO | 5.000% | 8/1/24 | | 7,445 | | 8,482 |
| Hawaii GO | 5.000% | 10/1/24 | | 6,580 | | 7,767 |
| Hawaii GO | 5.000% | 8/1/25 | | 2,235 | | 2,545 |
| Hawaii GO | 5.000% | 8/1/28 | | 7,000 | | 7,958 |
| Hawaii Highway Revenue | 5.000% | 1/1/20 | | 1,045 | | 1,051 |
| Honolulu HI City & County GO | 5.000% | 8/1/21 | (Prere.) | 3,150 | | 3,360 |
| Honolulu HI City & County GO | 5.000% | 10/1/21 | | 1,645 | | 1,764 |
| Honolulu HI City & County GO | 5.000% | 10/1/21 | | 2,290 | | 2,456 |
| Honolulu HI City & County GO | 5.000% | 10/1/21 | | 3,685 | | 3,953 |
| Honolulu HI City & County GO | 5.000% | 9/1/23 | | 1,885 | | 2,155 |
| Honolulu HI City & County GO | 5.000% | 9/1/24 | | 2,925 | | 3,444 |
| Honolulu HI City & County GO | 5.000% | 9/1/25 | | 1,815 | | 2,195 |
| Honolulu HI City & County GO PUT | 5.000% | 9/1/23 | | 5,975 | | 6,773 |
| Honolulu HI City & County GO PUT | 5.000% | 9/1/23 | | 8,470 | | 9,589 |
| Honolulu HI City & County GO PUT | 5.000% | 9/1/23 | | 8,475 | | 9,592 |
| Honolulu HI City & County GO PUT | 5.000% | 9/1/23 | | 8,470 | | 9,580 |
| Honolulu HI City & County GO PUT | 5.000% | 9/1/23 | | 6,970 | | 7,873 |
| Honolulu HI City & County GO PUT | 5.000% | 9/1/23 | | 3,725 | | 4,202 |
1 | Honolulu HI City & County GO PUT, SIFMA Municipal Swap Index Yield + 0.300% | 1.420% | 9/1/20 | | 5,500 | | 5,500 |
1 | Honolulu HI City & County GO PUT, SIFMA Municipal Swap Index Yield + 0.300% | 1.420% | 9/1/20 | | 7,500 | | 7,500 |
1 | Honolulu HI City & County GO PUT, SIFMA Municipal Swap Index Yield + 0.310% | 1.430% | 9/1/20 | | 12,500 | | 12,501 |
1 | Honolulu HI City & County GO PUT, SIFMA Municipal Swap Index Yield + 0.320% | 1.440% | 9/1/20 | | 10,625 | | 10,626 |
1 | Honolulu HI City & County GO PUT, SIFMA Municipal Swap Index Yield + 0.320% | 1.440% | 9/1/20 | | 11,500 | | 11,501 |
1 | Honolulu HI City & County GO PUT, SIFMA Municipal Swap Index Yield + 0.320% | 1.440% | 9/1/20 | | 11,250 | | 11,251 |
1 | Honolulu HI City & County GO PUT, SIFMA Municipal Swap Index Yield + 0.320% | 1.440% | 9/1/20 | | 7,500 | | 7,500 |
| Honolulu HI City & County Wastewater System Revenue | 4.000% | 7/1/23 | | 1,500 | | 1,609 |
| | | | | | | 311,111 |
Idaho (0.1%) | | | | | | |
| Canyon County ID School District No. 139 (Vallivue) GO | 4.000% | 9/15/22 | | 525 | | 567 |
| Canyon County ID School District No. 139 (Vallivue) GO | 4.000% | 9/15/23 | | 675 | | 746 |
| Canyon County ID School District No. 139 (Vallivue) GO | 4.000% | 9/15/24 | | 760 | | 859 |
| Canyon County ID School District No. 139 (Vallivue) GO | 5.000% | 9/15/25 | | 650 | | 785 |
| Idaho Building Authority Building Revenue (Idaho Department of Correction) | 5.000% | 9/1/23 | | 900 | | 1,028 |
| Idaho Building Authority Building Revenue (Idaho Department of Correction) | 5.000% | 9/1/24 | | 850 | | 1,001 |
| Idaho Health Facilities Authority Revenue (St. Luke’s Health System Project) | 5.000% | 3/1/23 | | 1,000 | | 1,113 |
| Idaho Health Facilities Authority Revenue (St. Luke’s Health System Project) | 5.000% | 3/1/24 | | 1,350 | | 1,544 |
| Idaho Health Facilities Authority Revenue (St. Luke’s Health System Project) | 5.000% | 3/1/25 | | 4,355 | | 5,111 |
| Idaho Health Facilities Authority Revenue (Trinity Health Group) | 5.000% | 12/1/20 | | 5,000 | | 5,201 |
| Idaho Health Facilities Authority Revenue (Trinity Health Group) | 5.000% | 12/1/21 | | 2,000 | | 2,151 |
| Idaho Health Facilities Authority Revenue (Trinity Health Group) | 5.000% | 12/1/22 | | 2,000 | | 2,222 |
| Idaho Health Facilities Authority Revenue (Trinity Health Group) | 5.000% | 12/1/23 | | 4,420 | | 5,063 |
83
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Idaho Housing & Finance Association RAN | 5.000% | 7/15/23 | | 2,820 | | 3,187 |
| Idaho Housing & Finance Association RAN | 5.000% | 7/15/24 | | 2,060 | | 2,394 |
| | | | | | | 32,972 |
Illinois (6.6%) | | | | | | |
| Champaign County IL Community Unit School District No. 4 GO | 4.000% | 6/1/25 | | 665 | | 752 |
| Champaign County IL Community Unit School District No. 4 GO | 4.000% | 6/1/26 | | 615 | | 708 |
| Chicago Board of Education GO | 0.000% | 12/1/22 | (14) | 535 | | 496 |
| Chicago IL Board of Education GO | 5.000% | 12/1/19 | (14) | 775 | | 777 |
| Chicago IL Board of Education GO | 5.000% | 12/1/19 | | 1,540 | | 1,543 |
| Chicago IL Board of Education GO | 5.000% | 12/1/19 | | 7,000 | | 7,015 |
| Chicago IL Board of Education GO | 5.000% | 12/1/19 | | 500 | | 501 |
| Chicago IL Board of Education GO | 5.250% | 12/1/19 | (14)(3) | 1,835 | | 1,840 |
| Chicago IL Board of Education GO | 5.000% | 12/1/20 | | 500 | | 516 |
| Chicago IL Board of Education GO | 5.000% | 12/1/20 | | 7,825 | | 8,072 |
| Chicago IL Board of Education GO | 5.250% | 12/1/20 | (14)(3) | 1,750 | | 1,817 |
| Chicago IL Board of Education GO | 0.000% | 12/1/21 | (14) | 485 | | 461 |
| Chicago IL Board of Education GO | 5.000% | 12/1/21 | | 1,635 | | 1,683 |
| Chicago IL Board of Education GO | 5.000% | 12/1/21 | | 13,860 | | 14,644 |
| Chicago IL Board of Education GO | 5.000% | 12/1/21 | | 3,395 | | 3,587 |
| Chicago IL Board of Education GO | 0.000% | 12/1/22 | (13)(3) | 3,855 | | 3,641 |
| Chicago IL Board of Education GO | 5.000% | 12/1/22 | | 790 | | 853 |
| Chicago IL Board of Education GO | 5.000% | 12/1/22 | | 7,000 | | 7,557 |
| Chicago IL Board of Education GO | 5.000% | 12/1/22 | | 3,000 | | 3,239 |
| Chicago IL Board of Education GO | 5.000% | 12/1/22 | | 535 | | 578 |
| Chicago IL Board of Education GO | 0.000% | 12/1/23 | (14) | 3,125 | | 2,823 |
| Chicago IL Board of Education GO | 5.000% | 12/1/23 | | 1,085 | | 1,193 |
| Chicago IL Board of Education GO | 5.000% | 12/1/23 | | 2,950 | | 3,245 |
| Chicago IL Board of Education GO | 5.000% | 12/1/23 | | 9,590 | | 10,548 |
| Chicago IL Board of Education GO | 5.500% | 12/1/23 | (2) | 100 | | 112 |
| Chicago IL Board of Education GO | 0.000% | 12/1/24 | (14) | 1,165 | | 1,024 |
| Chicago IL Board of Education GO | 0.000% | 12/1/24 | (14) | 1,370 | | 1,205 |
| Chicago IL Board of Education GO | 5.000% | 12/1/24 | | 1,150 | | 1,285 |
| Chicago IL Board of Education GO | 5.000% | 12/1/24 | | 1,000 | | 1,117 |
| Chicago IL Board of Education GO | 5.000% | 12/1/24 | | 3,055 | | 3,413 |
| Chicago IL Board of Education GO | 5.000% | 12/1/24 | | 10,000 | | 11,171 |
| Chicago IL Board of Education GO | 5.000% | 12/1/24 | (4) | 5,600 | | 6,375 |
| Chicago IL Board of Education GO | 5.000% | 12/1/24 | | 8,500 | | 9,495 |
| Chicago IL Board of Education GO | 0.000% | 12/1/25 | (14) | 2,615 | | 2,232 |
| Chicago IL Board of Education GO | 0.000% | 12/1/25 | (14) | 2,475 | | 2,113 |
| Chicago IL Board of Education GO | 5.000% | 12/1/25 | | 2,500 | | 2,832 |
| Chicago IL Board of Education GO | 5.000% | 12/1/25 | (4) | 4,500 | | 5,229 |
| Chicago IL Board of Education GO | 0.000% | 12/1/26 | | 9,205 | | 7,477 |
| Chicago IL Board of Education GO | 5.000% | 12/1/26 | | 2,125 | | 2,441 |
| Chicago IL Board of Education GO | 7.000% | 12/1/26 | | 10,000 | | 12,498 |
4 | Chicago IL Board of Education GO TOB VRDO | 1.380% | 11/1/19 | LOC | 32,000 | | 32,000 |
| Chicago IL GO | 5.000% | 12/1/19 | | 1,505 | | 1,508 |
| Chicago IL GO | 4.000% | 1/1/20 | | 120 | | 120 |
| Chicago IL GO | 5.000% | 1/1/20 | | 100 | | 100 |
| Chicago IL GO | 5.000% | 1/1/20 | | 150 | | 151 |
| Chicago IL GO | 5.000% | 1/1/20 | | 500 | | 502 |
| Chicago IL GO | 4.000% | 1/1/21 | | 1,250 | | 1,255 |
| Chicago IL GO | 5.000% | 1/1/21 | (ETM) | 145 | | 151 |
| Chicago IL GO | 5.000% | 1/1/21 | (ETM) | 195 | | 203 |
| Chicago IL GO | 5.000% | 1/1/21 | (ETM) | 1,685 | | 1,757 |
| Chicago IL GO | 5.000% | 12/1/21 | | 500 | | 517 |
| Chicago IL GO | 5.000% | 1/1/22 | | 15,725 | | 16,556 |
| Chicago IL GO | 4.000% | 1/1/23 | | 100 | | 103 |
| Chicago IL GO | 5.000% | 1/1/23 | | 18,500 | | 19,894 |
| Chicago IL GO | 5.000% | 1/1/23 | | 770 | | 828 |
| Chicago IL GO | 0.000% | 1/1/24 | (14) | 1,000 | | 904 |
| Chicago IL GO | 5.000% | 1/1/24 | | 5,675 | | 6,231 |
| Chicago IL GO | 5.000% | 1/1/25 | | 450 | | 474 |
| Chicago IL GO | 5.000% | 1/1/25 | | 12,420 | | 13,885 |
| Chicago IL GO | 0.000% | 1/1/26 | | 300 | | 250 |
| Chicago IL GO | 5.000% | 1/1/26 | | 2,750 | | 3,086 |
| Chicago IL GO | 5.000% | 1/1/26 | | 160 | | 180 |
| Chicago IL GO | 5.000% | 1/1/26 | | 345 | | 380 |
| Chicago IL GO | 5.000% | 1/1/27 | (4) | 2,145 | | 2,159 |
| Chicago IL Housing Authority Revenue | 5.000% | 1/1/23 | | 1,710 | | 1,893 |
| Chicago IL Housing Authority Revenue | 5.000% | 1/1/24 | | 1,450 | | 1,646 |
| Chicago IL Housing Authority Revenue | 5.000% | 1/1/25 | | 4,320 | | 5,028 |
84
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Chicago IL Metropolitan Water Reclamation District GO | 5.000% | 12/1/21 | | 4,470 | | 4,808 |
| Chicago IL Metropolitan Water Reclamation District GO | 5.000% | 12/1/21 | | 5,105 | | 5,491 |
| Chicago IL Midway Airport Revenue | 5.000% | 1/1/20 | | 2,075 | | 2,087 |
| Chicago IL Midway Airport Revenue | 5.000% | 1/1/25 | | 8,000 | | 9,151 |
| Chicago IL Midway Airport Revenue | 5.000% | 1/1/27 | | 1,065 | | 1,216 |
| Chicago IL Motor Fuel Tax Revenue | 5.000% | 1/1/21 | | 700 | | 719 |
| Chicago IL O’Hare International Airport Revenue | 5.000% | 1/1/20 | | 16,500 | | 16,597 |
| Chicago IL O’Hare International Airport Revenue | 5.000% | 1/1/20 | | 4,000 | | 4,024 |
| Chicago IL O’Hare International Airport Revenue | 5.000% | 1/1/21 | | 4,175 | | 4,354 |
| Chicago IL O’Hare International Airport Revenue | 5.000% | 1/1/21 | | 500 | | 521 |
| Chicago IL O’Hare International Airport Revenue | 5.000% | 1/1/21 | | 3,650 | | 3,806 |
| Chicago IL O’Hare International Airport Revenue | 5.000% | 1/1/21 | | 600 | | 626 |
| Chicago IL O’Hare International Airport Revenue | 5.000% | 1/1/22 | | 9,700 | | 10,463 |
| Chicago IL O’Hare International Airport Revenue | 5.000% | 1/1/22 | | 1,125 | | 1,214 |
| Chicago IL O’Hare International Airport Revenue | 5.000% | 1/1/22 | | 1,600 | | 1,726 |
| Chicago IL O’Hare International Airport Revenue | 5.000% | 1/1/22 | | 700 | | 755 |
| Chicago IL O’Hare International Airport Revenue | 5.000% | 1/1/22 | | 1,440 | | 1,553 |
| Chicago IL O’Hare International Airport Revenue | 5.000% | 1/1/23 | | 7,000 | | 7,788 |
| Chicago IL O’Hare International Airport Revenue | 5.000% | 1/1/23 | | 1,100 | | 1,224 |
| Chicago IL O’Hare International Airport Revenue | 5.000% | 1/1/23 | | 1,010 | | 1,124 |
| Chicago IL O’Hare International Airport Revenue | 5.000% | 1/1/23 | | 1,930 | | 2,147 |
| Chicago IL O’Hare International Airport Revenue | 5.000% | 1/1/23 | | 2,270 | | 2,526 |
| Chicago IL O’Hare International Airport Revenue | 5.000% | 1/1/23 | | 750 | | 834 |
| Chicago IL O’Hare International Airport Revenue | 5.000% | 1/1/23 | | 1,195 | | 1,330 |
| Chicago IL O’Hare International Airport Revenue | 5.000% | 1/1/24 | | 2,445 | | 2,803 |
| Chicago IL O’Hare International Airport Revenue | 5.000% | 1/1/24 | | 4,410 | | 5,056 |
| Chicago IL O’Hare International Airport Revenue | 5.000% | 1/1/24 | | 1,575 | | 1,806 |
| Chicago IL O’Hare International Airport Revenue | 5.000% | 1/1/24 | | 2,385 | | 2,734 |
| Chicago IL O’Hare International Airport Revenue | 5.000% | 1/1/24 | | 1,400 | | 1,605 |
| Chicago IL O’Hare International Airport Revenue | 5.000% | 1/1/25 | | 750 | | 882 |
4 | Chicago IL O’Hare International Airport Revenue TOB VRDO | 1.320% | 11/7/19 | LOC | 12,100 | | 12,100 |
| Chicago IL Park District GO | 5.000% | 1/1/22 | | 400 | | 426 |
| Chicago IL Park District GO | 5.000% | 1/1/22 | | 1,000 | | 1,065 |
| Chicago IL Park District GO | 5.000% | 1/1/22 | | 125 | | 133 |
| Chicago IL Park District GO | 4.500% | 1/1/23 | | 200 | | 203 |
| Chicago IL Park District GO | 5.000% | 1/1/23 | | 400 | | 438 |
| Chicago IL Park District GO | 5.000% | 1/1/23 | | 1,265 | | 1,385 |
| Chicago IL Park District GO | 5.000% | 1/1/23 | | 790 | | 842 |
| Chicago IL Park District GO | 5.000% | 1/1/23 | | 500 | | 547 |
| Chicago IL Park District GO | 5.000% | 1/1/24 | | 550 | | 618 |
| Chicago IL Park District GO | 5.000% | 1/1/25 | | 315 | | 354 |
| Chicago IL Park District GO | 5.000% | 11/15/25 | | 715 | | 832 |
| Chicago IL Park District GO | 5.000% | 1/1/26 | | 325 | | 346 |
| Chicago IL Park District GO | 5.000% | 1/1/26 | | 500 | | 583 |
| Chicago IL Park District GO | 5.000% | 11/15/26 | | 750 | | 888 |
| Chicago IL Park District Harbor Facilities GO | 5.000% | 1/1/20 | | 1,195 | | 1,201 |
| Chicago IL Park District Harbor Facilities GO | 5.000% | 1/1/21 | | 2,920 | | 3,027 |
| Chicago IL Transit Authority Capital Grant Receipts Revenue | 5.000% | 6/1/20 | | 1,250 | | 1,274 |
| Chicago IL Transit Authority Capital Grant Receipts Revenue | 5.000% | 6/1/21 | | 1,840 | | 1,937 |
| Chicago IL Transit Authority Capital Grant Receipts Revenue | 5.000% | 6/1/21 | | 1,180 | | 1,242 |
| Chicago IL Transit Authority Capital Grant Receipts Revenue | 5.000% | 6/1/22 | | 3,090 | | 3,343 |
| Chicago IL Transit Authority Capital Grant Receipts Revenue | 5.000% | 6/1/22 | | 2,500 | | 2,707 |
| Chicago IL Transit Authority Capital Grant Receipts Revenue | 5.000% | 6/1/23 | | 9,205 | | 10,237 |
| Chicago IL Transit Authority Capital Grant Receipts Revenue | 5.000% | 6/1/23 | | 5,000 | | 5,560 |
| Chicago IL Transit Authority Capital Grant Receipts Revenue | 5.000% | 6/1/24 | | 5,065 | | 5,780 |
| Chicago IL Transit Authority Capital Grant Receipts Revenue | 5.000% | 6/1/24 | | 1,250 | | 1,426 |
| Chicago IL Transit Authority Capital Grant Receipts Revenue | 5.000% | 6/1/25 | | 4,185 | | 4,892 |
| Chicago IL Transit Authority Capital Grant Receipts Revenue | 5.000% | 6/1/25 | | 1,500 | | 1,753 |
| Chicago IL Transit Authority Capital Grant Receipts Revenue | 5.000% | 6/1/25 | | 2,625 | | 3,065 |
4 | Chicago IL Transit Authority Revenue TOB VRDO | 1.240% | 11/7/19 | | 13,400 | | 13,400 |
4 | Chicago IL Transit Authority Revenue TOB VRDO | 1.320% | 11/7/19 | | 3,600 | | 3,600 |
| Chicago IL Transit Authority Sales Tax Receipts Revenue | 5.000% | 12/1/22 | | 9,820 | | 10,530 |
| Chicago IL Transit Authority Sales Tax Receipts Revenue | 5.250% | 12/1/23 | | 1,280 | | 1,379 |
| Chicago IL Wastewater Transmission Revenue | 5.500% | 1/1/20 | (14) | 525 | | 528 |
| Chicago IL Wastewater Transmission Revenue | 5.000% | 1/1/21 | | 2,000 | | 2,081 |
| Chicago IL Wastewater Transmission Revenue | 5.000% | 1/1/22 | | 2,815 | | 3,019 |
| Chicago IL Wastewater Transmission Revenue | 5.000% | 1/1/23 | | 2,350 | | 2,595 |
| Chicago IL Wastewater Transmission Revenue | 5.000% | 1/1/23 | | 1,310 | | 1,447 |
| Chicago IL Wastewater Transmission Revenue | 5.000% | 1/1/23 | | 2,300 | | 2,540 |
| Chicago IL Wastewater Transmission Revenue | 5.000% | 1/1/24 | | 1,125 | | 1,274 |
| Chicago IL Wastewater Transmission Revenue | 5.000% | 1/1/24 | | 2,700 | | 3,058 |
85
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Chicago IL Wastewater Transmission Revenue | 5.000% | 1/1/25 | | 1,000 | | 1,156 |
| Chicago IL Wastewater Transmission Revenue | 5.000% | 1/1/25 | | 3,550 | | 4,105 |
| Chicago IL Wastewater Transmission Revenue | 5.000% | 1/1/25 | | 2,325 | | 2,688 |
| Chicago IL Wastewater Transmission Revenue | 5.000% | 1/1/25 | | 390 | | 439 |
| Chicago IL Wastewater Transmission Revenue | 5.000% | 1/1/26 | | 1,020 | | 1,201 |
| Chicago IL Water Revenue | 5.000% | 11/1/21 | | 2,090 | | 2,161 |
| Chicago IL Water Revenue | 5.000% | 11/1/22 | | 500 | | 550 |
| Chicago IL Water Revenue | 5.000% | 11/1/26 | | 1,000 | | 1,090 |
| Chicago IL Waterworks Revenue | 5.000% | 11/1/19 | | 750 | | 750 |
| Chicago IL Waterworks Revenue | 5.000% | 11/1/19 | | 475 | | 475 |
| Chicago IL Waterworks Revenue | 5.000% | 11/1/20 | | 2,500 | | 2,587 |
| Chicago IL Waterworks Revenue | 5.000% | 11/1/22 | | 1,540 | | 1,693 |
| Chicago IL Waterworks Revenue | 5.000% | 11/1/22 | | 695 | | 764 |
| Chicago IL Waterworks Revenue | 5.000% | 11/1/23 | | 2,900 | | 3,279 |
| Chicago IL Waterworks Revenue | 5.000% | 11/1/24 | | 3,100 | | 3,587 |
| Chicago IL Waterworks Revenue | 5.000% | 11/1/24 | | 1,725 | | 1,996 |
| Chicago IL Waterworks Revenue | 5.000% | 11/1/25 | | 12,505 | | 14,741 |
| Chicago IL Waterworks Revenue | 5.000% | 11/1/26 | | 11,825 | | 14,141 |
| Cook County IL Community Consolidated School District No. 62 (Des Plaines) GO | 5.000% | 12/1/23 | | 3,810 | | 4,356 |
| Cook County IL Forest Preservation District GO | 5.000% | 12/15/19 | | 1,580 | | 1,586 |
| Cook County IL GO | 5.000% | 11/15/19 | | 1,500 | | 1,502 |
| Cook County IL GO | 5.000% | 11/15/19 | | 215 | | 215 |
| Cook County IL GO | 5.000% | 11/15/19 | | 1,000 | | 1,001 |
| Cook County IL GO | 5.000% | 11/15/19 | | 1,875 | | 1,877 |
| Cook County IL GO | 5.000% | 11/15/20 | | 2,125 | | 2,201 |
| Cook County IL GO | 5.000% | 11/15/20 | | 500 | | 518 |
| Cook County IL GO | 5.000% | 11/15/21 | | 500 | | 533 |
| Cook County IL GO | 5.000% | 11/15/22 | | 280 | | 307 |
| Cook County IL GO | 5.250% | 11/15/24 | | 5,000 | | 5,343 |
| Cook County IL GO | 5.000% | 11/15/25 | | 1,400 | | 1,449 |
| Cook County IL GO | 5.250% | 11/15/25 | | 4,500 | | 4,804 |
| Dewitt & Ford & Livingston & Logan Counties IL Community College District No. 540 GO | 4.000% | 12/1/19 | | 2,380 | | 2,385 |
| Dewitt & Ford & Livingston & Logan Counties IL Community College District No. 540 GO | 4.000% | 12/1/20 | | 2,475 | | 2,548 |
| Dewitt & Ford & Livingston & Logan Counties IL Community College District No. 540 GO | 4.000% | 12/1/21 | | 2,575 | | 2,714 |
| Dewitt & Ford & Livingston & Logan Counties IL Community College District No. 540 GO | 4.000% | 12/1/22 | | 2,680 | | 2,886 |
| Elk Grove Village IL GO | 3.000% | 1/1/23 | | 500 | | 525 |
| Elk Grove Village IL GO | 3.000% | 1/1/24 | | 550 | | 583 |
| Elk Grove Village IL GO | 3.000% | 1/1/25 | | 560 | | 600 |
| Illinois Development Finance Authority Revenue (St. Vincent de Paul Center) PUT | 2.450% | 3/3/26 | | 2,000 | | 2,064 |
| Illinois Educational Facilities Authority Revenue (University of Chicago) PUT | 1.550% | 2/13/20 | | 6,000 | | 6,005 |
| Illinois Educational Facilities Authority Revenue (University of Chicago) PUT | 1.800% | 2/13/20 | | 600 | | 601 |
| Illinois Finance Authority Gas Supply Revenue (Peoples Gas Light & Coke) PUT | 1.875% | 8/1/20 | | 8,000 | | 8,016 |
| Illinois Finance Authority Revenue (Advocate Health Care Network) | 5.000% | 8/1/21 | | 2,000 | | 2,129 |
| Illinois Finance Authority Revenue (Advocate Health Care Network) | 5.000% | 8/1/22 | | 1,000 | | 1,100 |
| Illinois Finance Authority Revenue (Advocate Health Care Network) | 1.375% | 11/15/22 | | 1,565 | | 1,569 |
| Illinois Finance Authority Revenue (Advocate Health Care Network) PUT | 5.000% | 1/15/20 | | 5,850 | | 5,892 |
1 | Illinois Finance Authority Revenue (Advocate Health Care Network) PUT, SIFMA Municipal Swap Index Yield + 0.300% | 1.420% | 5/28/20 | | 5,750 | | 5,750 |
| Illinois Finance Authority Revenue (Ann & Robert H. Lurie Children’s Hospital of Chicago) | 5.000% | 8/15/22 | | 700 | | 771 |
| Illinois Finance Authority Revenue (Ann & Robert H. Lurie Children’s Hospital of Chicago) | 5.000% | 8/15/23 | | 750 | | 852 |
| Illinois Finance Authority Revenue (Ann & Robert H. Lurie Children’s Hospital of Chicago) | 5.000% | 8/15/24 | | 1,330 | | 1,548 |
| Illinois Finance Authority Revenue (Ascension Health Credit Group) PUT | 1.750% | 4/1/21 | | 3,000 | | 3,023 |
| Illinois Finance Authority Revenue (Carle Foundation) | 5.000% | 2/15/21 | | 750 | | 784 |
| Illinois Finance Authority Revenue (Carle Foundation) | 5.000% | 2/15/23 | | 1,000 | | 1,114 |
| Illinois Finance Authority Revenue (Carle Foundation) | 5.375% | 8/15/26 | | 1,000 | | 1,063 |
| Illinois Finance Authority Revenue (Centegra Health System) | 5.000% | 9/1/20 | | 2,940 | | 3,030 |
| Illinois Finance Authority Revenue (Centegra Health System) | 5.000% | 9/1/20 | | 500 | | 515 |
| Illinois Finance Authority Revenue (Centegra Health System) | 5.000% | 9/1/21 | | 975 | | 1,041 |
| Illinois Finance Authority Revenue (DePaul University) | 5.000% | 10/1/21 | | 380 | | 406 |
| Illinois Finance Authority Revenue (DePaul University) | 5.000% | 10/1/24 | | 250 | | 291 |
| Illinois Finance Authority Revenue (Downers Grove Community High School) | 4.000% | 12/15/21 | | 2,000 | | 2,114 |
| Illinois Finance Authority Revenue (Downers Grove Community High School) | 4.000% | 12/15/22 | | 1,000 | | 1,084 |
| Illinois Finance Authority Revenue (Downers Grove Community High School) | 5.000% | 12/15/23 | | 900 | | 1,034 |
| Illinois Finance Authority Revenue (Downers Grove Community High School) | 5.000% | 12/15/24 | | 685 | | 810 |
| Illinois Finance Authority Revenue (Downers Grove Community High School) | 5.000% | 12/15/25 | | 1,000 | | 1,211 |
| Illinois Finance Authority Revenue (Edward Elmhurst Obligated Group) | 5.000% | 1/1/21 | | 375 | | 389 |
| Illinois Finance Authority Revenue (Edward Elmhurst Obligated Group) | 5.000% | 1/1/22 | | 350 | | 374 |
| Illinois Finance Authority Revenue (Edward Elmhurst Obligated Group) | 5.000% | 1/1/23 | | 500 | | 548 |
| Illinois Finance Authority Revenue (Edward Elmhurst Obligated Group) | 5.000% | 1/1/24 | | 565 | | 636 |
| Illinois Finance Authority Revenue (Franciscan Communities Inc.) | 3.250% | 5/15/22 | | 835 | | 843 |
| Illinois Finance Authority Revenue (Hospital Sister Services Inc.) | 5.000% | 8/15/20 | | 4,210 | | 4,329 |
86
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Illinois Finance Authority Revenue (Hospital Sister Services Inc.) | 5.000% | 8/15/21 | | 5,510 | | 5,864 |
| Illinois Finance Authority Revenue (Illinois Wesleyan University) | 5.000% | 9/1/26 | | 680 | | 808 |
| Illinois Finance Authority Revenue (Memorial Health System) | 5.000% | 4/1/24 | | 800 | | 920 |
| Illinois Finance Authority Revenue (Memorial Health System) | 5.000% | 4/1/25 | | 3,350 | | 3,953 |
| Illinois Finance Authority Revenue (Memorial Health System) | 5.000% | 4/1/26 | | 2,400 | | 2,898 |
| Illinois Finance Authority Revenue (Mercy Health System) | 5.000% | 12/1/22 | | 5,380 | | 5,926 |
| Illinois Finance Authority Revenue (Mercy Health System) | 5.000% | 12/1/25 | | 1,730 | | 2,054 |
| Illinois Finance Authority Revenue (Northwest Community Hospital) | 5.000% | 7/1/20 | | 1,035 | | 1,059 |
| Illinois Finance Authority Revenue (Northwest Community Hospital) | 5.000% | 7/1/22 | | 2,380 | | 2,599 |
| Illinois Finance Authority Revenue (Northwest Community Hospital) | 5.000% | 7/1/24 | | 1,395 | | 1,611 |
| Illinois Finance Authority Revenue (Northwestern Memorial Healthcare) | 5.000% | 7/15/20 | | 1,000 | | 1,026 |
| Illinois Finance Authority Revenue (Northwestern Memorial Healthcare) | 5.000% | 7/15/22 | | 1,250 | | 1,374 |
| Illinois Finance Authority Revenue (Northwestern Memorial Healthcare) | 5.000% | 7/15/23 | | 1,000 | | 1,134 |
| Illinois Finance Authority Revenue (Northwestern Memorial Healthcare) | 5.000% | 7/15/24 | | 3,250 | | 3,793 |
| Illinois Finance Authority Revenue (Northwestern Memorial Healthcare) | 5.000% | 7/15/25 | | 4,500 | | 5,393 |
| Illinois Finance Authority Revenue (Northwestern Memorial Hospital) PUT | 5.000% | 12/15/22 | | 21,000 | | 23,299 |
| Illinois Finance Authority Revenue (OSF Healthcare System) | 5.000% | 5/15/20 | | 875 | | 892 |
| Illinois Finance Authority Revenue (OSF Healthcare System) | 5.000% | 11/15/20 | | 3,560 | | 3,693 |
| Illinois Finance Authority Revenue (OSF Healthcare System) | 5.000% | 5/15/21 | | 375 | | 396 |
| Illinois Finance Authority Revenue (OSF Healthcare System) | 5.000% | 5/15/21 | | 180 | | 190 |
| Illinois Finance Authority Revenue (OSF Healthcare System) | 5.000% | 11/15/21 | | 1,100 | | 1,178 |
| Illinois Finance Authority Revenue (OSF Healthcare System) | 5.000% | 5/15/22 | | 2,605 | | 2,831 |
| Illinois Finance Authority Revenue (OSF Healthcare System) | 5.000% | 5/15/22 | | 875 | | 951 |
| Illinois Finance Authority Revenue (OSF Healthcare System) | 5.000% | 11/15/22 | | 1,585 | | 1,749 |
| Illinois Finance Authority Revenue (OSF Healthcare System) | 5.000% | 5/15/23 | | 500 | | 559 |
| Illinois Finance Authority Revenue (OSF Healthcare System) | 5.000% | 5/15/24 | | 1,650 | | 1,896 |
| Illinois Finance Authority Revenue (OSF Healthcare System) | 5.000% | 5/15/25 | | 7,570 | | 8,909 |
| Illinois Finance Authority Revenue (OSF Healthcare System) | 5.000% | 5/15/26 | | 1,120 | | 1,212 |
| Illinois Finance Authority Revenue (OSF Healthcare System) | 5.000% | 5/15/26 | | 4,315 | | 5,182 |
| Illinois Finance Authority Revenue (Presbyterian Homes) | 5.000% | 5/1/21 | | 1,200 | | 1,258 |
| Illinois Finance Authority Revenue (Presbyterian Homes) | 5.000% | 5/1/22 | | 1,600 | | 1,725 |
| Illinois Finance Authority Revenue (Presbyterian Homes) | 5.000% | 5/1/23 | | 1,400 | | 1,549 |
1 | Illinois Finance Authority Revenue (Presbyterian Homes) PUT, 70% of 1M USD LIBOR + 1.350% | 2.772% | 5/1/21 | | 2,500 | | 2,505 |
| Illinois Finance Authority Revenue (Presence Health Network Obligated Group) | 5.000% | 2/15/21 | | 3,055 | | 3,200 |
| Illinois Finance Authority Revenue (Presence Health Network Obligated Group) | 5.000% | 2/15/22 | | 4,000 | | 4,341 |
| Illinois Finance Authority Revenue (Presence Health Network Obligated Group) | 5.000% | 2/15/23 | | 5,000 | | 5,601 |
| Illinois Finance Authority Revenue (Rehabilitation Institute of Chicago) | 5.000% | 7/1/20 | | 1,000 | | 1,022 |
| Illinois Finance Authority Revenue (Rush University Medical Center) | 5.000% | 11/15/19 | | 500 | | 501 |
| Illinois Finance Authority Revenue (Rush University Medical Center) | 5.000% | 11/15/20 | | 1,000 | | 1,038 |
| Illinois Finance Authority Revenue (Rush University Medical Center) | 5.000% | 11/15/21 | | 1,000 | | 1,074 |
| Illinois Finance Authority Revenue (Rush University Medical Center) | 5.000% | 11/15/22 | | 1,000 | | 1,108 |
| Illinois Finance Authority Revenue (Silver Cross & Medical Centers) | 5.000% | 8/15/22 | | 1,000 | | 1,084 |
| Illinois Finance Authority Revenue (Southern Illinois Healthcare) | 5.250% | 3/1/20 | (Prere.) | 1,160 | | 1,175 |
| Illinois Finance Authority Revenue (Southern Illinois Healthcare) | 5.000% | 3/1/22 | | 900 | | 970 |
| Illinois Finance Authority Revenue (Southern Illinois Healthcare) | 5.000% | 3/1/24 | | 2,410 | | 2,747 |
| Illinois Finance Authority Revenue (Southern Illinois Healthcare) | 5.000% | 3/1/25 | | 595 | | 696 |
| Illinois Finance Authority Revenue (Swedish Covenant Hospital) | 5.000% | 8/15/21 | | 700 | | 737 |
| Illinois Finance Authority Revenue (Swedish Covenant Hospital) | 5.000% | 8/15/22 | | 1,000 | | 1,083 |
| Illinois Finance Authority Revenue (Swedish Covenant Hospital) | 5.000% | 8/15/23 | | 1,500 | | 1,665 |
| Illinois Finance Authority Revenue (University of Chicago Medical Center) | 5.000% | 8/15/22 | | 1,200 | | 1,322 |
| Illinois Finance Authority Revenue (University of Chicago Medical Center) | 5.000% | 8/15/23 | | 1,100 | | 1,249 |
| Illinois Finance Authority Revenue (University of Chicago) | 5.000% | 10/1/20 | | 7,000 | | 7,240 |
| Illinois Finance Authority Revenue (University of Chicago) | 5.000% | 10/1/23 | | 1,000 | | 1,071 |
| Illinois Finance Authority Revenue (University of Illinois at Urbana-Champaign Project) | 5.000% | 10/1/25 | | 100 | | 118 |
| Illinois Finance Authority Revenue (University of Illinois at Urbana-Champaign Project) | 5.000% | 10/1/26 | | 225 | | 271 |
| Illinois Finance Authority Solid Waste Disposal Revenue (Prairie Power Inc. Project) PUT | 1.750% | 5/6/20 | | 6,145 | | 6,155 |
| Illinois Finance Authority Student Housing & Academic Facilities Revenue (University of Illinois at Chicago Project) | 4.000% | 2/15/22 | | 845 | | 884 |
| Illinois Finance Authority Student Housing & Academic Facilities Revenue (University of Illinois at Chicago Project) | 4.000% | 2/15/24 | | 1,675 | | 1,806 |
| Illinois Finance Authority Student Housing & Academic Facilities Revenue (University of Illinois at Chicago Project) | 5.000% | 2/15/25 | | 875 | | 998 |
| Illinois GO | 5.000% | 11/1/19 | | 10,000 | | 10,000 |
| Illinois GO | 5.000% | 11/1/19 | | 79,280 | | 79,280 |
| Illinois GO | 5.000% | 1/1/20 | | 1,500 | | 1,507 |
| Illinois GO | 5.000% | 1/1/20 | | 2,750 | | 2,763 |
| Illinois GO | 5.000% | 2/1/20 | | 4,855 | | 4,890 |
| Illinois GO | 5.000% | 2/1/20 | | 5,690 | | 5,731 |
| Illinois GO | 5.000% | 3/1/20 | | 10,690 | | 10,794 |
| Illinois GO | 5.000% | 4/1/20 | | 2,025 | | 2,050 |
| Illinois GO | 5.000% | 5/1/20 | | 24,500 | | 24,860 |
87
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Illinois GO | 5.000% | 5/1/20 | | 2,245 | | 2,278 |
| Illinois GO | 5.000% | 7/1/20 | | 12,500 | | 12,745 |
| Illinois GO | 5.000% | 8/1/20 | | 1,260 | | 1,288 |
| Illinois GO | 5.000% | 8/1/20 | (4) | 6,500 | | 6,668 |
| Illinois GO | 4.000% | 9/1/20 | | 1,520 | | 1,544 |
| Illinois GO | 5.000% | 11/1/20 | | 82,330 | | 84,669 |
| Illinois GO | 5.000% | 1/1/21 | (4) | 8,425 | | 8,472 |
| Illinois GO | 5.000% | 2/1/21 | | 4,325 | | 4,481 |
| Illinois GO | 5.000% | 2/1/21 | | 15,000 | | 15,541 |
| Illinois GO | 5.000% | 4/1/21 | | 8,600 | | 8,951 |
| Illinois GO | 5.000% | 4/1/21 | | 3,390 | | 3,529 |
| Illinois GO | 5.000% | 5/1/21 | | 12,000 | | 12,519 |
| Illinois GO | 5.000% | 6/1/21 | | 200 | | 209 |
| Illinois GO | 5.000% | 10/1/21 | | 10,210 | | 10,771 |
| Illinois GO | 5.000% | 10/1/21 | | 7,940 | | 8,376 |
| Illinois GO | 5.000% | 11/1/21 | | 27,235 | | 28,781 |
| Illinois GO | 5.000% | 12/1/21 | | 8,375 | | 8,872 |
| Illinois GO | 5.000% | 1/1/22 | | 100 | | 100 |
| Illinois GO | 5.000% | 2/1/22 | | 2,000 | | 2,123 |
| Illinois GO | 5.000% | 7/1/22 | | 4,325 | | 4,639 |
| Illinois GO | 5.000% | 8/1/22 | | 8,420 | | 9,049 |
| Illinois GO | 5.000% | 10/1/22 | | 4,250 | | 4,586 |
| Illinois GO | 5.000% | 10/1/22 | | 19,930 | | 21,505 |
| Illinois GO | 5.000% | 11/1/22 | | 8,200 | | 8,866 |
| Illinois GO | 5.000% | 11/1/22 | | 33,260 | | 35,980 |
| Illinois GO | 5.000% | 1/1/23 | | 19,200 | | 20,773 |
| Illinois GO | 5.000% | 2/1/23 | | 7,000 | | 7,588 |
| Illinois GO | 5.000% | 3/1/23 | | 500 | | 530 |
| Illinois GO | 5.000% | 10/1/23 | | 10,000 | | 11,001 |
| Illinois GO | 5.000% | 11/1/23 | | 25,670 | | 28,321 |
| Illinois GO | 5.000% | 8/1/24 | | 6,580 | | 7,013 |
| Illinois GO | 5.000% | 10/1/24 | | 5,000 | | 5,573 |
| Illinois GO | 5.000% | 11/1/24 | | 19,165 | | 21,394 |
| Illinois GO | 5.000% | 4/1/25 | | 4,170 | | 4,592 |
| Illinois GO | 5.000% | 5/1/25 | | 280 | | 309 |
| Illinois GO | 5.000% | 8/1/25 | | 3,020 | | 3,219 |
| Illinois GO | 5.000% | 11/1/25 | | 17,200 | | 19,431 |
| Illinois GO | 5.000% | 2/1/26 | | 3,000 | | 3,408 |
| Illinois GO | 5.000% | 3/1/26 | (4) | 1,125 | | 1,205 |
| Illinois GO | 5.000% | 4/1/26 | (4) | 1,500 | | 1,650 |
| Illinois GO | 5.000% | 5/1/26 | | 6,275 | | 6,907 |
| Illinois GO | 5.000% | 11/1/26 | | 30,000 | | 34,091 |
| Illinois GO | 5.000% | 1/1/27 | | 370 | | 389 |
| Illinois Housing Development Authority Revenue (Century Woods) PUT | 1.900% | 10/1/21 | | 3,000 | | 3,026 |
| Illinois Housing Development Authority Revenue (Larkin Village) | 4.000% | 10/1/48 | | 14,055 | | 15,184 |
| Illinois Municipal Electric Agency Power Supply Revenue | 5.000% | 2/1/25 | | 11,110 | | 13,073 |
| Illinois Municipal Electric Agency Power Supply System Revenue | 5.000% | 2/1/23 | | 3,200 | | 3,565 |
| Illinois Sales Tax Revenue | 5.000% | 6/15/20 | | 15,050 | | 15,340 |
| Illinois Sales Tax Revenue | 4.000% | 6/15/21 | | 255 | | 255 |
| Illinois Sales Tax Revenue | 5.000% | 6/15/21 | | 1,565 | | 1,636 |
| Illinois Sales Tax Revenue | 5.000% | 6/15/23 | | 410 | | 448 |
| Illinois Sales Tax Revenue | 5.000% | 6/15/24 | | 235 | | 261 |
| Illinois Sales Tax Revenue | 5.000% | 6/15/24 | (15) | 4,600 | | 5,171 |
| Illinois Sales Tax Revenue | 5.000% | 6/15/24 | | 5,000 | | 5,561 |
| Illinois Sales Tax Revenue | 5.000% | 6/15/24 | | 1,850 | | 2,057 |
| Illinois Sales Tax Revenue | 5.000% | 6/15/24 | | 1,075 | | 1,171 |
| Illinois Sales Tax Revenue | 5.000% | 6/15/25 | | 5,000 | | 5,659 |
| Illinois Sales Tax Revenue | 5.000% | 6/15/25 | | 8,825 | | 9,988 |
| Illinois Sales Tax Revenue | 5.000% | 6/15/25 | (15) | 9,370 | | 10,317 |
| Illinois Sales Tax Revenue | 5.000% | 6/15/25 | | 2,975 | | 3,237 |
| Illinois Sales Tax Revenue | 5.000% | 6/15/26 | | 3,925 | | 4,268 |
| Illinois Sales Tax Revenue | 5.000% | 6/15/29 | | 1,000 | | 1,045 |
| Illinois Sports Facility Authority Revenue | 0.000% | 6/15/21 | (2) | 100 | | 97 |
| Illinois Sports Facility Authority Revenue | 0.000% | 6/15/22 | (2) | 1,405 | | 1,330 |
| Illinois Sports Facility Authority Revenue | 0.000% | 6/15/23 | (2) | 8,945 | | 8,258 |
| Illinois Sports Facility Authority Revenue | 0.000% | 6/15/24 | (2) | 13,510 | | 12,132 |
| Illinois Toll Highway Authority Revenue | 5.000% | 12/1/19 | | 20,080 | | 20,137 |
| Illinois Toll Highway Authority Revenue | 5.000% | 1/1/20 | | 5,000 | | 5,030 |
| Illinois Toll Highway Authority Revenue | 5.000% | 12/1/20 | | 21,625 | | 22,507 |
| Illinois Toll Highway Authority Revenue | 5.000% | 1/1/21 | | 5,000 | | 5,220 |
| Illinois Toll Highway Authority Revenue | 5.000% | 12/1/21 | | 15,000 | | 16,178 |
88
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Illinois Toll Highway Authority Revenue | 5.000% | 1/1/24 | | 2,000 | | 2,290 |
| Illinois Toll Highway Authority Revenue | 5.000% | 1/1/25 | | 9,500 | | 11,154 |
| Illinois Toll Highway Authority Revenue | 5.000% | 1/1/26 | | 12,750 | | 15,310 |
| Illinois Toll Highway Authority Revenue | 5.000% | 1/1/29 | | 3,000 | | 3,017 |
| Kane & DeKalb Counties IL Community Unit School District No. 301 GO (Burlington) | 0.000% | 12/1/25 | | 1,000 | | 888 |
| Kendall County IL Forest Preserve District GO | 5.000% | 1/1/24 | (4) | 1,425 | | 1,619 |
| Kendall, Kane, & Will Counties IL Community Unified School District No. 308 GO | 5.000% | 10/1/22 | | 1,375 | | 1,503 |
| Kendall, Kane, & Will Counties IL Community Unified School District No. 308 GO | 5.000% | 10/1/23 | | 550 | | 618 |
| McHenry County IL Conservation District GO | 5.000% | 2/1/21 | | 3,000 | | 3,137 |
| McLean & Woodford Counties IL Community School District No. 5 GO | 4.000% | 12/1/23 | | 2,000 | | 2,189 |
| Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue | 0.000% | 6/15/21 | (14) | 16,775 | | 16,273 |
| Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue | 0.000% | 12/15/21 | (14) | 2,510 | | 2,410 |
| Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue | 0.000% | 12/15/23 | (14) | 175 | | 160 |
| Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue | 0.000% | 12/15/24 | (14) | 6,825 | | 6,069 |
| Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue (McCormick Place Expansion Project) | 0.000% | 12/15/19 | (14) | 1,235 | | 1,233 |
| Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue (McCormick Place Expansion Project) | 5.000% | 12/15/20 | | 3,550 | | 3,670 |
| Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue (McCormick Place Expansion Project) | 5.000% | 12/15/22 | | 3,130 | | 3,141 |
| Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue (McCormick Place Expansion Project) | 5.000% | 12/15/22 | | 875 | | 946 |
| Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue (McCormick Place Expansion Project) | 5.000% | 6/15/23 | | 4,595 | | 4,938 |
| Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue (McCormick Place Expansion Project) | 0.000% | 12/15/24 | (14) | 570 | | 507 |
| Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue (McCormick Place Expansion Project) | 5.000% | 12/15/25 | | 1,000 | | 1,143 |
| Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue (McCormick Place Expansion Project) | 0.000% | 12/15/26 | (14) | 2,645 | | 2,214 |
| Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue (McCormick Place Expansion Project) | 5.000% | 12/15/26 | | 26,320 | | 28,190 |
| Metropolitan Pier & Exposition Authority Illinois Dedicated Sales Tax Revenue (McCormick Place Expansion Project) | 5.000% | 12/15/28 | | 4,370 | | 4,677 |
| Mundelein IL GO | 4.000% | 12/15/21 | (4) | 500 | | 526 |
| Mundelein IL GO | 4.000% | 12/15/23 | (4) | 500 | | 547 |
| Mundelein IL GO | 4.000% | 12/15/25 | (4) | 500 | | 565 |
| Mundelein IL GO | 4.000% | 12/15/26 | (4) | 500 | | 572 |
| Northern Illinois Municipal Power Agency Project Revenue | 5.000% | 12/1/22 | | 3,500 | | 3,876 |
| Northern Illinois Municipal Power Agency Project Revenue | 5.000% | 12/1/23 | | 4,320 | | 4,923 |
| Northern Illinois Municipal Power Agency Project Revenue | 5.000% | 12/1/24 | | 1,290 | | 1,509 |
| Railsplitter Tobacco Settlement Authority Illinois Tobacco Settlement Revenue | 5.250% | 6/1/20 | | 10,025 | | 10,245 |
| Railsplitter Tobacco Settlement Authority Illinois Tobacco Settlement Revenue | 5.250% | 6/1/21 | | 2,500 | | 2,648 |
| Railsplitter Tobacco Settlement Authority Illinois Tobacco Settlement Revenue | 5.375% | 6/1/21 | | 870 | | 923 |
| Railsplitter Tobacco Settlement Authority Illinois Tobacco Settlement Revenue | 5.000% | 6/1/23 | | 15,020 | | 16,848 |
| Railsplitter Tobacco Settlement Authority Illinois Tobacco Settlement Revenue | 5.000% | 6/1/24 | | 20,030 | | 23,075 |
| Railsplitter Tobacco Settlement Authority Illinois Tobacco Settlement Revenue | 5.000% | 6/1/25 | | 38,010 | | 44,936 |
| Romeoville IL GO | 5.000% | 12/30/25 | | 3,315 | | 3,987 |
| Romeoville IL Revenue (Lewis University Project) | 5.000% | 10/1/21 | | 615 | | 648 |
| Romeoville IL Revenue (Lewis University Project) | 5.000% | 10/1/23 | | 1,155 | | 1,272 |
4 | Sales Tax Securitization Corp. IL TOB VRDO | 1.270% | 11/7/19 | | 16,855 | | 16,855 |
| Springfield IL Electric Revenue | 5.000% | 3/1/21 | | 2,000 | | 2,093 |
| Springfield IL Electric Revenue | 5.000% | 3/1/22 | | 2,335 | | 2,523 |
| Springfield IL Electric Revenue | 5.000% | 3/1/23 | | 5,060 | | 5,626 |
| Springfield IL Electric Revenue | 5.000% | 3/1/24 | | 4,585 | | 5,234 |
| Springfield IL Electric Revenue | 5.000% | 3/1/25 | | 10,045 | | 11,756 |
| Springfield IL Electric Revenue | 5.000% | 3/1/26 | | 3,350 | | 3,911 |
4 | Springfield IL Water Revenue TOB VRDO | 1.330% | 11/7/19 | | 4,112 | | 4,112 |
| University of Illinois Auxiliary Facilities System Revenue | 5.000% | 4/1/24 | | 2,655 | | 2,692 |
| University of Illinois COP | 5.000% | 8/15/20 | | 5,000 | | 5,141 |
| University of Illinois COP | 5.000% | 10/1/20 | | 3,850 | | 3,976 |
| University of Illinois COP | 5.000% | 8/15/21 | | 5,000 | | 5,321 |
| Village of Bolingbrook IL Special Tax Revenue (Will and DuPage Counties) | 4.000% | 3/1/22 | (4) | 500 | | 529 |
| Village of Bolingbrook IL Special Tax Revenue (Will and DuPage Counties) | 4.000% | 3/1/24 | (4) | 500 | | 552 |
| Village of Bolingbrook IL Special Tax Revenue (Will and DuPage Counties) | 4.000% | 3/1/25 | (4) | 555 | | 623 |
| Will County IL Community High School District No. 210 (Lincoln-Way) GO | 4.000% | 1/1/22 | | 1,300 | | 1,302 |
| Will County IL Community High School District No. 210 (Lincoln-Way) GO | 0.000% | 1/1/24 | (4) | 2,820 | | 2,573 |
| Will County IL Community High School District No. 210 (Lincoln-Way) GO | 0.000% | 1/1/24 | (4)(ETM) | 12,375 | | 11,562 |
| | | | | | | 1,919,047 |
89
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
Indiana (1.3%) | | | | | | |
| Avon IN Community School Building Corp | 5.000% | 7/15/21 | | 1,505 | | 1,599 |
| Avon IN Community School Building Corp. Revenue | 5.000% | 1/15/21 | | 2,325 | | 2,428 |
| Avon IN Community School Building Corp. Revenue | 5.000% | 7/15/26 | | 1,010 | | 1,234 |
| Ball State University Housing & Dining System Indiana Revenue | 5.000% | 7/1/21 | | 210 | | 223 |
| Ball State University Housing & Dining System Indiana Revenue | 5.000% | 7/1/22 | | 320 | | 352 |
| Ball State University Housing & Dining System Indiana Revenue | 5.000% | 7/1/23 | | 450 | | 511 |
| Ball State University Student Fee Indiana Revenue | 5.000% | 7/1/21 | | 500 | | 531 |
| Ball State University Student Fee Indiana Revenue | 5.000% | 7/1/22 | | 250 | | 275 |
| Ball State University Student Fee Indiana Revenue | 5.000% | 7/1/23 | | 660 | | 749 |
| Brownsburg IN Community 1999 School Building Corporation Revenue | 5.000% | 7/15/24 | | 200 | | 233 |
| Brownsburg IN Community 1999 School Building Corporation Revenue | 5.000% | 1/15/25 | | 350 | | 413 |
| Brownsburg IN Community 1999 School Building Corporation Revenue | 5.000% | 7/15/25 | | 350 | | 419 |
| Brownsburg IN Community 1999 School Building Corporation Revenue | 5.000% | 1/15/26 | | 350 | | 423 |
| Evansville IN Redevelopment Authority Revenue (Arena Project) | 5.000% | 2/1/21 | (15) | 3,155 | | 3,298 |
| Evansville IN Redevelopment Authority Revenue (Arena Project) | 5.000% | 2/1/22 | (15) | 3,370 | | 3,644 |
| Evansville IN Redevelopment Authority Revenue (Arena Project) | 5.000% | 2/1/23 | (15) | 3,535 | | 3,938 |
| Franklin IN Economic Development Revenue (Otterbein Homes) | 5.000% | 7/1/23 | | 950 | | 1,065 |
| Hammond IN Multi-School Building Corp. Revenue | 5.000% | 7/15/23 | | 1,655 | | 1,855 |
| Hammond IN Multi-School Building Corp. Revenue | 5.000% | 1/15/24 | | 1,250 | | 1,418 |
| Hammond IN Multi-School Building Corp. Revenue | 5.000% | 7/15/24 | | 1,500 | | 1,725 |
| Hammond IN Multi-School Building Corp. Revenue | 5.000% | 1/15/25 | | 1,055 | | 1,223 |
| Hammond IN Multi-School Building Corp. Revenue | 5.000% | 1/15/25 | | 2,355 | | 2,729 |
| Hammond IN Multi-School Building Corp. Revenue | 5.000% | 7/15/25 | | 2,030 | | 2,382 |
| Hammond IN Multi-School Building Corp. Revenue | 5.000% | 1/15/26 | | 2,080 | | 2,463 |
| Hammond IN Multi-School Building Corp. Revenue | 5.000% | 7/15/26 | | 2,130 | | 2,548 |
| Indiana Finance Authority Environmental Revenue (Duke Energy Indiana LLC) | 3.750% | 4/1/22 | | 1,125 | | 1,147 |
| Indiana Finance Authority Health System Revenue (Sisters of St. Francis Health Services Inc. Obligated Group) | 5.000% | 11/1/21 | | 2,380 | | 2,419 |
| Indiana Finance Authority Health System Revenue (Sisters of St. Francis Health Services Inc. Obligated Group) | 5.000% | 11/1/22 | | 1,550 | | 1,716 |
| Indiana Finance Authority Hospital Revenue (Community Health Network) | 5.000% | 5/1/20 | | 860 | | 876 |
| Indiana Finance Authority Hospital Revenue (Goshen Health Obligated Group) PUT | 2.100% | 11/1/26 | | 2,700 | | 2,733 |
| Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) | 5.000% | 12/1/20 | | 1,000 | | 1,040 |
| Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) | 5.000% | 12/1/20 | | 2,100 | | 2,184 |
| Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) | 5.000% | 12/1/21 | | 2,500 | | 2,692 |
| Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) | 5.000% | 12/1/22 | | 7,050 | | 7,846 |
| Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) | 5.000% | 12/1/23 | | 5,250 | | 6,027 |
| Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) PUT | 5.000% | 12/1/21 | | 2,620 | | 2,823 |
| Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) PUT | 1.650% | 7/1/22 | | 3,000 | | 3,017 |
| Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) PUT | 1.650% | 7/1/22 | | 3,000 | | 3,017 |
| Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) PUT | 1.650% | 7/1/22 | | 10,500 | | 10,560 |
| Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) PUT | 5.000% | 12/1/22 | | 2,250 | | 2,504 |
| Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) PUT | 5.000% | 12/1/23 | | 3,750 | | 4,305 |
| Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) PUT | 5.000% | 12/1/24 | | 3,645 | | 4,300 |
| Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) PUT | 2.250% | 7/1/25 | | 6,250 | | 6,487 |
1 | Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) PUT, SIFMA Municipal Swap Index Yield + 0.280% | 1.400% | 7/2/21 | | 6,000 | | 6,002 |
1 | Indiana Finance Authority Hospital Revenue (Indiana University Health Obligated Group) PUT, SIFMA Municipal Swap Index Yield + 0.280% | 1.400% | 7/2/21 | | 6,500 | | 6,502 |
| Indiana Finance Authority Hospital Revenue (Parkview Health System) | 5.000% | 11/1/19 | | 700 | | 700 |
| Indiana Finance Authority Hospital Revenue (Parkview Health System) | 5.000% | 11/1/20 | | 615 | | 638 |
| Indiana Finance Authority Hospital Revenue (Parkview Health System) | 5.000% | 11/1/21 | | 500 | | 536 |
| Indiana Finance Authority Hospital Revenue (Parkview Health System) | 5.000% | 11/1/22 | | 1,005 | | 1,114 |
| Indiana Finance Authority Hospital Revenue (Parkview Health System) | 5.000% | 11/1/23 | | 1,275 | | 1,456 |
| Indiana Finance Authority Hospital Revenue (Parkview Health System) | 5.000% | 11/1/24 | | 1,020 | | 1,198 |
| Indiana Finance Authority Hospital Revenue (Parkview Health System) | 5.000% | 11/1/25 | | 1,550 | | 1,866 |
| Indiana Finance Authority Hospital Revenue (Parkview Health Systems Obligated Group) | 5.000% | 5/1/20 | | 1,830 | | 1,864 |
| Indiana Finance Authority Hospital Revenue (Parkview Health Systems Obligated Group) | 5.000% | 5/1/24 | | 1,015 | | 1,175 |
| Indiana Finance Authority Hospital Revenue (Parkview Health Systems Obligated Group) | 5.000% | 5/1/25 | | 1,205 | | 1,432 |
| Indiana Finance Authority Lease Revenue | 5.000% | 2/1/20 | | 3,525 | | 3,558 |
| Indiana Finance Authority Revenue | 5.000% | 2/1/23 | | 2,675 | | 2,902 |
| Indiana Finance Authority Revenue | 5.000% | 2/1/23 | | 10,245 | | 11,494 |
| Indiana Finance Authority Revenue (Butler University Project) | 3.000% | 2/1/21 | | 140 | | 143 |
| Indiana Finance Authority Revenue (Butler University Project) | 3.000% | 2/1/22 | | 210 | | 218 |
| Indiana Finance Authority Revenue (Butler University Project) | 3.000% | 2/1/23 | | 225 | | 237 |
| Indiana Finance Authority Revenue (Butler University Project) | 4.000% | 2/1/24 | | 200 | | 221 |
| Indiana Finance Authority Revenue (Butler University Project) | 4.000% | 2/1/25 | | 275 | | 310 |
| Indiana Finance Authority Revenue (Butler University Project) | 4.000% | 2/1/26 | | 340 | | 389 |
| Indiana Finance Authority Revenue (Community Foundation of Northwest Indiana Obligated Group) | 5.000% | 3/1/20 | | 1,300 | | 1,315 |
| Indiana Finance Authority Revenue (Community Foundation of Northwest Indiana Obligated Group) | 4.000% | 9/1/21 | | 250 | | 262 |
90
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Indiana Finance Authority Revenue (Community Foundation of Northwest Indiana Obligated Group) | 5.000% | 9/1/22 | | 250 | | 275 |
| Indiana Finance Authority Revenue (Community Foundation of Northwest Indiana Obligated Group) | 5.000% | 3/1/23 | | 750 | | 811 |
| Indiana Finance Authority Revenue (Community Foundation of Northwest Indiana Obligated Group) | 5.000% | 9/1/23 | | 700 | | 793 |
| Indiana Finance Authority Revenue (Franciscan Alliance Inc.) | 5.000% | 11/1/20 | | 1,400 | | 1,451 |
| Indiana Finance Authority Revenue (Franciscan Alliance Inc.) | 5.000% | 11/1/21 | | 550 | | 590 |
| Indiana Finance Authority Revenue (Franciscan Alliance Inc.) | 5.000% | 11/1/23 | | 2,020 | | 2,305 |
| Indiana Finance Authority Revenue (Franciscan Alliance Inc.) | 5.000% | 11/1/23 | | 1,135 | | 1,295 |
| Indiana Finance Authority Revenue (Franciscan Alliance Inc.) | 5.000% | 11/1/24 | | 3,275 | | 3,840 |
| Indiana Finance Authority Revenue (Franciscan Alliance Inc.) | 5.000% | 11/1/24 | | 1,905 | | 2,234 |
| Indiana Finance Authority Revenue (Franciscan Alliance Inc.) | 5.000% | 11/1/25 | | 6,240 | | 7,505 |
| Indiana Finance Authority Revenue (Franciscan Alliance Inc.) | 5.000% | 11/1/25 | | 5,315 | | 6,392 |
| Indiana Finance Authority Revenue (State Revolving Fund) | 5.000% | 2/1/24 | | 1,375 | | 1,592 |
| Indiana Finance Authority Revenue (State Revolving Fund) | 5.000% | 2/1/25 | | 3,200 | | 3,815 |
| Indiana Finance Authority Revenue (State Revolving Fund) | 5.000% | 2/1/26 | | 1,255 | | 1,534 |
| Indiana Finance Authority Revenue (State Revolving Fund) | 5.000% | 2/1/27 | | 2,175 | | 2,714 |
| Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) | 5.000% | 10/1/20 | | 475 | | 491 |
| Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) | 5.000% | 10/1/20 | | 840 | | 868 |
| Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) | 5.000% | 10/1/21 | | 380 | | 407 |
| Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) | 5.000% | 10/1/21 | | 1,680 | | 1,799 |
| Indiana Finance Authority Wastewater Utility Revenue (CWA Authority Project) | 5.000% | 10/1/22 | | 1,000 | | 1,106 |
| Indiana Health & Educational Facility Financing Authority Revenue (Ascension Health Credit Group) PUT | 1.750% | 11/2/21 | | 34,110 | | 34,398 |
| Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) | 4.000% | 10/1/20 | | 1,865 | | 1,911 |
| Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) | 4.000% | 10/1/21 | | 1,925 | | 2,025 |
| Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) | 4.000% | 10/1/22 | | 1,985 | | 2,138 |
| Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) | 4.000% | 10/1/23 | | 1,845 | | 2,034 |
| Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) | 4.000% | 10/1/24 | | 850 | | 957 |
| Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) | 4.000% | 11/1/24 | | 800 | | 902 |
| Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) | 4.000% | 10/1/25 | | 1,050 | | 1,205 |
| Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) | 4.000% | 11/1/25 | | 1,100 | | 1,264 |
| Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) | 4.000% | 10/1/26 | | 235 | | 274 |
| Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) | 4.000% | 11/1/26 | | 525 | | 612 |
| Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) PUT | 1.250% | 5/1/20 | | 3,480 | | 3,480 |
| Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) PUT | 1.375% | 5/1/20 | (Prere.) | 60 | | 60 |
| Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) PUT | 1.375% | 5/1/20 | | 2,210 | | 2,211 |
| Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) PUT | 1.500% | 5/1/20 | | 3,380 | | 3,384 |
| Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) PUT | 1.350% | 8/4/20 | | 5,575 | | 5,579 |
| Indiana Health Facility Financing Authority Revenue (Ascension Health Credit Group) PUT | 1.350% | 8/4/20 | | 3,800 | | 3,803 |
| Indiana Transportation Finance Authority Revenue | 5.500% | 12/1/22 | (14) | 16,640 | | 18,732 |
| Indiana University Student Fee Revenue | 5.000% | 6/1/21 | | 3,500 | | 3,711 |
| Indiana University Student Fee Revenue | 5.000% | 6/1/22 | | 3,105 | | 3,410 |
| Indianapolis IN Department of Public Utilities Water System Revenue | 5.000% | 10/1/25 | | 1,535 | | 1,854 |
| Indianapolis IN Local Public Improvement Bond Bank Revenue (Courthouse and Jail Project) | 5.000% | 2/1/25 | | 1,300 | | 1,544 |
| Indianapolis IN Local Public Improvement Bond Bank Revenue (Courthouse and Jail Project) | 5.000% | 2/1/26 | | 1,915 | | 2,334 |
| Indianapolis IN Local Public Improvement Bond Bank Revenue (Waterworks Project) | 5.250% | 1/1/24 | (14) | 9,000 | | 10,405 |
| Indianapolis IN Local Public Improvement Bond Bank Revenue (Waterworks Project) | 5.250% | 1/1/25 | (14) | 12,215 | | 14,540 |
| IPS Multi-School Building Corp. IN Revenue | 4.000% | 1/15/25 | | 3,040 | | 3,433 |
| IPS Multi-School Building Corp. IN Revenue | 4.000% | 7/15/25 | | 6,190 | | 7,059 |
| IPS Multi-School Building Corp. IN Revenue | 4.000% | 1/15/26 | | 5,660 | | 6,513 |
| IPS Multi-School Building Corp. IN Revenue | 4.000% | 7/15/26 | | 6,765 | | 7,836 |
| Ivy IN Tech Community College Revenue | 5.000% | 7/1/20 | | 500 | | 513 |
5 | Metropolitan School District of Washington Township IN Revenue (School Building Corp.) | 4.000% | 1/15/24 | | 385 | | 426 |
5 | Metropolitan School District of Washington Township IN Revenue (School Building Corp.) | 4.000% | 7/15/24 | | 390 | | 436 |
5 | Metropolitan School District of Washington Township IN Revenue (School Building Corp.) | 4.000% | 1/15/25 | | 325 | | 366 |
5 | Metropolitan School District of Washington Township IN Revenue (School Building Corp.) | 4.000% | 7/15/25 | | 430 | | 489 |
5 | Metropolitan School District of Washington Township IN Revenue (School Building Corp.) | 4.000% | 1/15/26 | | 655 | | 749 |
5 | Metropolitan School District of Washington Township IN Revenue (School Building Corp.) | 4.000% | 7/15/26 | | 645 | | 744 |
5 | Metropolitan School District of Washington Township IN Revenue (School Building Corp.) | 4.000% | 7/15/27 | | 930 | | 1,087 |
| Richmond IN Hospital Authority Revenue (Reid Hospital & Health Care Services Inc.) | 5.000% | 1/1/20 | | 1,010 | | 1,016 |
| Richmond IN Hospital Authority Revenue (Reid Hospital & Health Care Services Inc.) | 5.000% | 1/1/22 | | 1,275 | | 1,366 |
| Richmond IN Hospital Authority Revenue (Reid Hospital & Health Care Services Inc.) | 5.000% | 1/1/23 | | 850 | | 936 |
| Rockport IN Pollution Control Revenue (Indiana Michigan Power Co. Project) PUT | 2.050% | 6/1/21 | | 2,000 | | 2,016 |
5 | Tippecanoe County IN School Building Corp. Revenue | 4.000% | 1/15/23 | | 380 | | 411 |
5 | Tippecanoe County IN School Building Corp. Revenue | 4.000% | 7/15/23 | | 215 | | 236 |
5 | Tippecanoe County IN School Building Corp. Revenue | 4.000% | 1/15/24 | | 280 | | 310 |
5 | Tippecanoe County IN School Building Corp. Revenue | 4.000% | 7/15/24 | | 300 | | 336 |
5 | Tippecanoe County IN School Building Corp. Revenue | 4.000% | 1/15/25 | | 250 | | 282 |
5 | Tippecanoe County IN School Building Corp. Revenue | 4.000% | 7/15/25 | | 550 | | 627 |
5 | Tippecanoe County IN School Building Corp. Revenue | 4.000% | 1/15/26 | | 420 | | 481 |
5 | Tippecanoe County IN School Building Corp. Revenue | 4.000% | 7/15/26 | | 1,045 | | 1,206 |
5 | Tippecanoe County IN School Building Corp. Revenue | 4.000% | 1/15/27 | | 880 | | 1,022 |
91
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
5 | Tippecanoe County IN School Building Corp. Revenue | 4.000% | 7/15/27 | | 675 | | 789 |
| Wayne Township School Building Corp. Marion County Indiana Revenue | 4.000% | 7/15/22 | | 2,660 | | 2,850 |
| Wayne Township School Building Corp. Marion County Indiana Revenue | 4.000% | 1/15/23 | | 3,450 | | 3,740 |
| Wayne Township School Building Corp. Marion County Indiana Revenue | 4.000% | 7/15/23 | | 3,135 | | 3,438 |
| Wayne Township School Building Corp. Marion County Indiana Revenue | 4.000% | 1/15/24 | | 2,910 | | 3,224 |
| Wayne Township School Building Corp. Marion County Indiana Revenue | 4.000% | 7/15/24 | | 2,320 | | 2,600 |
| Wayne Township School Building Corp. Marion County Indiana Revenue | 4.000% | 1/15/25 | | 4,070 | | 4,581 |
| | | | | | | 374,605 |
Iowa (0.3%) | | | | | | |
| Des Moines IA GO | 5.000% | 6/1/23 | | 1,570 | | 1,779 |
| Des Moines IA GO | 5.000% | 6/1/24 | | 6,335 | | 7,396 |
| Des Moines IA GO | 5.000% | 6/1/25 | | 5,670 | | 6,800 |
| Iowa Finance Authority Healthcare Revenue (Genesis Health System) | 5.000% | 7/1/24 | | 1,000 | | 1,129 |
| Iowa Finance Authority Midwestern Disaster Area Revenue (Iowa Fertilizer Co. Project) | 3.125% | 12/1/22 | | 2,635 | | 2,670 |
4 | Iowa Finance Authority Midwestern Disaster Area Revenue (Iowa Fertilizer Co. Project) | 5.875% | 12/1/27 | | 12,155 | | 12,776 |
| Iowa Finance Authority Midwestern Disaster Area Revenue (Iowa Fertilizer Co. Project) PUT | 5.250% | 12/1/37 | | 18,000 | | 19,491 |
| Iowa Finance Authority Revenue | 5.000% | 8/1/21 | | 9,505 | | 10,136 |
1 | Iowa Finance Authority Revenue PUT, 70% of 1M USD LIBOR + 0.350% | 1.597% | 10/1/21 | | 3,750 | | 3,752 |
| Iowa Financial Authority Revenue (Iowa Health System) | 5.000% | 2/15/21 | | 1,395 | | 1,460 |
| Iowa Financial Authority Revenue (Iowa Health System) | 5.000% | 2/15/23 | | 1,000 | | 1,114 |
| Iowa Financial Authority Revenue (Iowa Health System) | 5.000% | 2/15/25 | | 1,700 | | 2,000 |
| Iowa Financial Authority Revenue (Iowa Health System) | 5.000% | 2/15/26 | | 1,000 | | 1,204 |
| Iowa Higher Education Loan Authority Revenue Private College Facility (Grinnell College Project) | 4.000% | 12/1/21 | | 400 | | 423 |
| Iowa Higher Education Loan Authority Revenue Private College Facility (Grinnell College Project) | 4.000% | 12/1/22 | | 425 | | 461 |
| Iowa Higher Education Loan Authority Revenue Private College Facility (Grinnell College Project) | 4.000% | 12/1/23 | | 500 | | 554 |
| Iowa Special Obligation Revenue | 5.000% | 6/15/23 | | 4,830 | | 5,479 |
| Xenia IA Rural Water District Revenue | 3.000% | 12/1/19 | | 430 | | 430 |
| Xenia IA Rural Water District Revenue | 5.000% | 12/1/21 | | 320 | | 341 |
| Xenia IA Rural Water District Revenue | 5.000% | 12/1/22 | | 1,675 | | 1,832 |
| Xenia IA Rural Water District Revenue | 5.000% | 12/1/23 | | 450 | | 505 |
| Xenia IA Rural Water District Revenue | 5.000% | 12/1/24 | | 565 | | 648 |
| | | | | | | 82,380 |
Kansas (0.5%) | | | | | | |
| Butler County KS Unified School District No. 385 Andover GO | 4.000% | 9/1/23 | | 1,515 | | 1,667 |
| Butler County KS Unified School District No. 385 Andover GO | 4.000% | 9/1/24 | | 1,545 | | 1,736 |
| Hutchison KS Hospital Facilities Revenue (Hutchinson Regional Medical Center Inc.) | 5.000% | 12/1/22 | | 500 | | 540 |
| Hutchison KS Hospital Facilities Revenue (Hutchinson Regional Medical Center Inc.) | 5.000% | 12/1/23 | | 500 | | 552 |
| Hutchison KS Hospital Facilities Revenue (Hutchinson Regional Medical Center Inc.) | 5.000% | 12/1/24 | | 1,080 | | 1,218 |
| Hutchison KS Hospital Facilities Revenue (Hutchinson Regional Medical Center Inc.) | 5.000% | 12/1/25 | | 1,100 | | 1,264 |
| Johnson County KS Unified School District No. 233 GO | 4.000% | 9/1/21 | | 1,325 | | 1,394 |
| Johnson County KS Unified School District No. 233 GO | 4.000% | 9/1/22 | | 1,010 | | 1,090 |
| Johnson County KS Unified School District No. 233 GO | 5.000% | 9/1/23 | | 750 | | 857 |
| Johnson County KS Unified School District No. 233 GO | 5.000% | 9/1/23 | | 450 | | 514 |
| Johnson County KS Unified School District No. 233 GO | 5.000% | 9/1/24 | | 250 | | 294 |
| Johnson KS GO | 4.000% | 9/1/25 | | 1,055 | | 1,139 |
| Kansas Department of Transportation Highway Revenue | 5.000% | 9/1/22 | | 3,960 | | 4,384 |
1 | Kansas Department of Transportation Highway Revenue, 70% of 1M USD LIBOR + 0.300% | 1.722% | 9/1/21 | | 7,580 | | 7,588 |
| Kansas Development Finance Authority Health Facilities Revenue (Kansas University Health System) | 5.375% | 3/1/29 | | 3,000 | | 3,041 |
| Kansas Development Finance Authority Revenue | 5.000% | 5/1/21 | | 17,635 | | 18,618 |
| Kansas Development Finance Authority Revenue | 5.000% | 4/1/22 | | 3,795 | | 4,134 |
| Kansas Development Finance Authority Revenue | 5.000% | 5/1/22 | | 17,640 | | 19,267 |
| Kansas Development Finance Authority Revenue | 5.000% | 5/1/24 | | 16,420 | | 18,439 |
| Kansas Development Finance Authority Revenue | 5.000% | 11/1/26 | | 5,750 | | 7,113 |
| Lawrence KS Hospital Revenue (Lawrence Memorial Hospital) | 5.000% | 7/1/25 | | 1,000 | | 1,177 |
| Sedgwick County KS Unified School District No. 259 (Wichita) GO | 4.000% | 10/1/23 | | 4,105 | | 4,535 |
| Sedgwick County KS Unified School District No. 259 (Wichita) GO | 4.000% | 10/1/24 | | 8,085 | | 9,147 |
| Sedgwick County KS Unified School District No. 266 (Maize) GO | 4.000% | 9/1/20 | | 400 | | 409 |
| Sedgwick County KS Unified School District No. 266 (Maize) GO | 5.000% | 9/1/21 | | 575 | | 615 |
| Sedgwick County KS Unified School District No. 266 (Maize) GO | 5.000% | 9/1/22 | | 1,250 | | 1,384 |
5 | Sedgwick County KS Unified School District No. 266 (Maize) GO | 3.000% | 9/1/26 | | 6,300 | | 6,794 |
| Seward County KS Unified School District No. 480 GO | 3.000% | 9/1/20 | | 450 | | 457 |
| Seward County KS Unified School District No. 480 GO | 5.000% | 9/1/21 | | 400 | | 427 |
| Seward County KS Unified School District No. 480 GO | 5.000% | 9/1/22 | | 315 | | 347 |
| Seward County KS Unified School District No. 480 GO | 5.000% | 9/1/23 | | 1,295 | | 1,471 |
| Seward County KS Unified School District No. 480 GO | 5.000% | 9/1/24 | | 1,500 | | 1,755 |
| Seward County KS Unified School District No. 480 GO | 5.000% | 9/1/25 | | 1,750 | | 2,105 |
| University of Kansas Hospital Authority Health Facilities Revenue | 5.000% | 3/1/22 | | 180 | | 196 |
| University of Kansas Hospital Authority Health Facilities Revenue | 5.000% | 3/1/23 | | 300 | | 336 |
| University of Kansas Hospital Authority Health Facilities Revenue | 5.000% | 3/1/24 | | 300 | | 346 |
| Wichita KS Water & Sewer Utility Revenue | 5.000% | 10/1/22 | | 1,040 | | 1,153 |
92
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Wyandotte County KS Unified School District No. 500 GO | 5.000% | 9/1/22 | | 1,000 | | 1,105 |
| Wyandotte County KS Unified School District No. 500 GO | 5.000% | 9/1/23 | | 1,225 | | 1,397 |
| Wyandotte County/Kansas City KS Unified Government Utility System Revenue | 5.000% | 9/1/20 | | 1,580 | | 1,628 |
| Wyandotte County/Kansas City KS Unified Government Utility System Revenue | 5.000% | 9/1/22 | | 775 | | 854 |
| | | | | | | 132,487 |
Kentucky (1.7%) | | | | | | |
| Ashland KY Medical Center Revenue (King’s Daughters Medical Center Project) | 4.000% | 2/1/21 | | 540 | | 552 |
| Ashland KY Medical Center Revenue (King’s Daughters Medical Center Project) | 5.000% | 2/1/22 | | 2,245 | | 2,393 |
| Ashland KY Medical Center Revenue (King’s Daughters Medical Center Project) | 5.000% | 2/1/23 | | 765 | | 835 |
| Ashland KY Medical Center Revenue (King’s Daughters Medical Center Project) | 5.000% | 2/1/24 | | 680 | | 759 |
| Carroll County KY Pollution Control Revenue (Kentucky Utilities Co. Project) PUT | 1.550% | 9/1/26 | | 12,250 | | 12,152 |
| Jefferson County KY School District Finance Corp. School Building Revenue | 5.000% | 6/1/21 | | 555 | | 587 |
| Jefferson County KY School District Finance Corp. School Building Revenue | 5.000% | 6/1/23 | | 3,195 | | 3,604 |
| Kenton County KY Airport Revenue | 5.000% | 1/1/20 | | 700 | | 704 |
| Kenton County KY Airport Revenue | 5.000% | 1/1/21 | | 750 | | 781 |
| Kenton County KY Airport Revenue | 5.000% | 1/1/22 | | 785 | | 850 |
| Kenton County KY Airport Revenue | 5.000% | 1/1/23 | | 500 | | 559 |
| Kentucky Asset/Liability Commission Agency Fund Revenue (Federal Highway Trust) | 5.000% | 9/1/22 | | 3,995 | | 4,113 |
| Kentucky Asset/Liability Commission Agency Fund Revenue (Federal Highway Trust) | 5.250% | 9/1/22 | | 8,655 | | 9,606 |
| Kentucky Bond Development Corp. Hospital Facilities Revenue (St. Elizabeth Medical Center, Inc.) | 5.000% | 5/1/21 | | 1,150 | | 1,213 |
| Kentucky Bond Development Corp. Hospital Facilities Revenue (St. Elizabeth Medical Center, Inc.) | 5.000% | 5/1/22 | | 870 | | 949 |
| Kentucky Bond Development Corp. Transient Room Tax Revenue (Lexington Center Corporation Project) | 5.000% | 9/1/25 | | 1,660 | | 1,975 |
4 | Kentucky Economic Development Finance Authority Health Care Revenue (Madonna Manor Inc. Project) TOB VRDO | 1.250% | 11/7/19 | LOC | 12,500 | | 12,500 |
| Kentucky Economic Development Finance Authority Medical Center Revenue (King’s Daughters Medical Center Project) | 5.000% | 2/1/21 | | 1,185 | | 1,194 |
| Kentucky Economic Development Finance Authority Revenue (CommonSpirit Health) | 5.000% | 8/1/25 | | 1,000 | | 1,176 |
| Kentucky Economic Development Finance Authority Revenue (CommonSpirit Health) | 5.000% | 8/1/26 | | 1,225 | | 1,463 |
| Kentucky Economic Development Finance Authority Revenue (Owensboro Health, Inc.) | 5.000% | 6/1/21 | | 1,500 | | 1,568 |
| Kentucky Economic Development Finance Authority Revenue (Owensboro Health, Inc.) | 5.000% | 6/1/22 | | 1,675 | | 1,797 |
| Kentucky Municipal Power Agency Power System Revenue | 5.000% | 9/1/20 | (14) | 6,000 | | 6,173 |
| Kentucky Municipal Power Agency Power System Revenue | 5.000% | 9/1/21 | (14) | 6,085 | | 6,466 |
5 | Kentucky Municipal Power Agency Power System Revenue | 5.000% | 9/1/21 | | 1,120 | | 1,166 |
| Kentucky Municipal Power Agency Power System Revenue | 5.000% | 9/1/22 | (14) | 2,500 | | 2,737 |
5 | Kentucky Municipal Power Agency Power System Revenue | 5.000% | 9/1/24 | | 1,300 | | 1,474 |
| Kentucky Municipal Power Agency Power System Revenue | 5.000% | 9/1/25 | | 800 | | 943 |
| Kentucky Municipal Power Agency Power System Revenue | 5.000% | 9/1/26 | | 2,585 | | 3,102 |
| Kentucky Property & Building Commission Revenue | 5.000% | 8/1/21 | | 15,885 | | 16,891 |
| Kentucky Property & Building Commission Revenue | 5.000% | 11/1/21 | | 1,000 | | 1,072 |
5 | Kentucky Property & Building Commission Revenue | 5.000% | 11/1/21 | | 8,500 | | 8,918 |
| Kentucky Property & Building Commission Revenue | 5.000% | 8/1/22 | | 4,510 | | 4,941 |
| Kentucky Property & Building Commission Revenue | 5.000% | 8/1/22 | | 15,110 | | 16,552 |
| Kentucky Property & Building Commission Revenue | 5.000% | 11/1/22 | | 1,500 | | 1,653 |
| Kentucky Property & Building Commission Revenue | 5.000% | 11/1/23 | | 2,000 | | 2,270 |
| Kentucky Property & Building Commission Revenue | 5.000% | 8/1/24 | | 1,345 | | 1,557 |
| Kentucky Property & Building Commission Revenue | 5.000% | 11/1/24 | | 1,500 | | 1,748 |
| Kentucky Property & Building Commission Revenue | 5.000% | 11/1/25 | | 2,000 | | 2,379 |
| Kentucky Property & Building Commission Revenue | 5.000% | 11/1/26 | | 4,180 | | 5,050 |
| Kentucky Public Energy Authority Gas Supply Revenue | 4.000% | 1/1/24 | | 1,760 | | 1,922 |
| Kentucky Public Energy Authority Gas Supply Revenue | 4.000% | 6/1/24 | | 5,875 | | 6,455 |
| Kentucky Public Energy Authority Gas Supply Revenue PUT | 4.000% | 4/1/24 | | 115,875 | | 126,312 |
| Kentucky Public Energy Authority Gas Supply Revenue PUT | 4.000% | 1/1/25 | | 85,430 | | 94,495 |
| Kentucky Public Energy Authority Gas Supply Revenue PUT | 4.000% | 6/1/25 | | 10,000 | | 11,095 |
| Kentucky Public Energy Authority Gas Supply Revenue PUT | 4.000% | 6/1/25 | | 24,000 | | 26,649 |
| Louisville & Jefferson County KY Metropolitan Government Environmental Facilities Revenue (Louisville Gas & Electric Co. Project) PUT | 1.850% | 4/1/21 | | 8,000 | | 8,065 |
| Louisville & Jefferson County KY Metropolitan Government Health System Revenue (Norton Healthcare Obligated Group) | 5.000% | 10/1/20 | | 1,715 | | 1,769 |
| Louisville & Jefferson County KY Metropolitan Government Health System Revenue (Norton Healthcare Obligated Group) | 3.000% | 10/1/21 | | 1,405 | | 1,448 |
| Louisville & Jefferson County KY Metropolitan Government Health System Revenue (Norton Healthcare Obligated Group) | 5.000% | 10/1/22 | | 1,855 | | 2,046 |
| Louisville & Jefferson County KY Metropolitan Government Revenue (Catholic Health Initiatives) | 5.000% | 12/1/19 | (ETM) | 300 | | 301 |
| Louisville & Jefferson County KY Metropolitan Government Revenue (Catholic Health Initiatives) | 5.000% | 12/1/20 | (ETM) | 1,000 | | 1,039 |
| Louisville & Jefferson County KY Metropolitan Sewer & Drain System Revenue | 5.000% | 5/15/26 | | 7,330 | | 7,889 |
| Louisville & Jefferson County KY Metropolitan Sewer & Drain System Revenue BAN | 4.000% | 11/1/19 | | 17,810 | | 17,810 |
5 | Northern Kentucky University General Receipts Revenue | 5.000% | 9/1/25 | (4) | 1,175 | | 1,404 |
5 | Northern Kentucky University General Receipts Revenue | 5.000% | 9/1/26 | (4) | 1,235 | | 1,507 |
| Owensboro KY Electric Light & Power System Revenue | 4.000% | 1/1/21 | | 2,170 | | 2,236 |
| Owensboro KY Electric Light & Power System Revenue | 4.000% | 1/1/22 | | 1,955 | | 2,061 |
93
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Owensboro KY Electric Light & Power System Revenue | 4.000% | 1/1/23 | | 2,635 | | 2,837 |
| Owensboro KY Electric Light & Power System Revenue | 5.000% | 1/1/23 | (4) | 1,590 | | 1,599 |
| Owensboro KY Electric Light & Power System Revenue | 4.000% | 1/1/24 | | 3,975 | | 4,348 |
| Owensboro KY Electric Light & Power System Revenue | 4.000% | 1/1/25 | | 2,845 | | 3,156 |
| Owensboro KY Electric Light & Power System Revenue | 4.000% | 1/1/26 | | 4,440 | | 4,978 |
| Owensboro KY Electric Light & Power System Revenue | 4.000% | 1/1/27 | | 1,975 | | 2,228 |
| Paducah KY Electric Plant Board Revenue | 5.000% | 10/1/26 | (4) | 1,100 | | 1,336 |
| | | | | | | 481,407 |
Louisiana (1.4%) | | | | | | |
| Calcasieu Parish LA School District No. 23 GO | 5.000% | 9/1/23 | (15) | 370 | | 420 |
| Calcasieu Parish LA School District No. 23 GO | 5.000% | 9/1/24 | (15) | 110 | | 128 |
| Calcasieu Parish LA School District No. 23 GO | 5.000% | 9/1/25 | (15) | 790 | | 942 |
| Calcasieu Parish LA School District No. 23 GO | 3.000% | 9/1/26 | (15) | 675 | | 734 |
| East Baton Rouge Parish LA Industrial Development Board Revenue (ExxonMobil Project) VRDO | 1.300% | 11/1/19 | | 48,710 | | 48,710 |
| East Baton Rouge Parish LA Sewer Commission Revenue | 5.000% | 2/1/25 | | 845 | | 1,001 |
| East Baton Rouge Parish LA Sewer Commission Revenue | 5.000% | 2/1/25 | | 1,250 | | 1,481 |
| East Baton Rouge Parish LA Sewer Commission Revenue | 5.000% | 2/1/26 | | 1,000 | | 1,214 |
| East Baton Rouge Parish LA Sewer Commission Revenue | 5.000% | 2/1/26 | | 3,015 | | 3,661 |
| East Baton Rouge Parish LA Sewer Commission Revenue | 5.000% | 2/1/27 | | 1,100 | | 1,361 |
| East Baton Rouge Parish LA Sewer Commission Revenue | 5.000% | 2/1/27 | | 2,190 | | 2,709 |
4 | Franciscan Missionaries of Our Lady Health System Obligated Group LA TOB VRDO | 1.270% | 11/7/19 | | 9,475 | | 9,475 |
| Greater New Orleans LA Expressway Commission Revenue | 5.000% | 11/1/24 | (4) | 500 | | 586 |
| Greater New Orleans LA Expressway Commission Revenue | 5.000% | 11/1/25 | (4) | 570 | | 686 |
| Greater Ouachita LA Water Co. Inc. Waterworks & Sewer System Revenue | 3.000% | 9/1/23 | (15) | 250 | | 263 |
| Greater Ouachita LA Water Co. Inc. Waterworks & Sewer System Revenue | 5.000% | 9/1/25 | (15) | 500 | | 591 |
| Greater Ouachita LA Water Co. Inc. Waterworks & Sewer System Revenue | 5.000% | 9/1/26 | (15) | 400 | | 481 |
| Lafayette LA Communications System Revenue | 5.000% | 11/1/20 | (4) | 1,000 | | 1,037 |
| Lafayette LA Communications System Revenue | 5.000% | 11/1/21 | (4) | 1,010 | | 1,086 |
| Lafayette LA Communications System Revenue | 5.000% | 11/1/22 | (4) | 4,010 | | 4,452 |
| Lafayette LA Utilities Revenue | 5.000% | 11/1/23 | (4) | 300 | | 343 |
| Lafayette LA Utilities Revenue | 5.000% | 11/1/24 | (4) | 540 | | 635 |
| Lafayette LA Utilities Revenue | 5.000% | 11/1/25 | (4) | 500 | | 604 |
| Lafayette LA Utilities Revenue | 5.000% | 11/1/26 | | 7,210 | | 8,001 |
| Louisiana Citizens Property Insurance Corp. Assessment Revenue | 5.000% | 6/1/20 | | 8,000 | | 8,172 |
| Louisiana Citizens Property Insurance Corp. Assessment Revenue | 5.000% | 6/1/21 | (4) | 5,000 | | 5,292 |
| Louisiana Citizens Property Insurance Corp. Assessment Revenue | 5.000% | 6/1/22 | (4) | 4,150 | | 4,533 |
| Louisiana Gasoline & Fuel Tax Revenue | 5.000% | 5/1/23 | | 1,645 | | 1,853 |
| Louisiana Gasoline & Fuel Tax Revenue | 5.000% | 5/1/24 | | 2,430 | | 2,820 |
| Louisiana Gasoline & Fuel Tax Revenue | 5.000% | 5/1/24 | | 4,195 | | 4,584 |
| Louisiana Gasoline & Fuel Tax Revenue | 5.000% | 5/1/25 | | 1,665 | | 1,987 |
| Louisiana Gasoline & Fuel Tax Revenue | 5.000% | 5/1/25 | | 18,420 | | 20,124 |
| Louisiana Gasoline & Fuel Tax Revenue | 5.000% | 5/1/26 | | 12,000 | | 13,101 |
| Louisiana GO | 5.000% | 5/1/22 | | 10,320 | | 11,277 |
| Louisiana GO | 5.000% | 5/1/22 | | 2,800 | | 3,060 |
| Louisiana GO | 5.000% | 9/1/22 | | 4,000 | | 4,421 |
| Louisiana GO | 5.000% | 7/15/23 | | 23,000 | | 25,309 |
| Louisiana GO | 5.000% | 10/1/23 | | 11,640 | | 13,273 |
| Louisiana GO | 5.000% | 7/15/24 | | 3,050 | | 3,356 |
| Louisiana GO | 5.000% | 9/1/24 | | 2,550 | | 2,988 |
| Louisiana GO | 5.000% | 10/1/24 | | 12,240 | | 14,365 |
| Louisiana GO | 5.000% | 9/1/25 | | 2,500 | | 3,009 |
| Louisiana GO | 5.000% | 10/1/25 | | 12,865 | | 15,513 |
| Louisiana GO | 5.000% | 9/1/26 | | 3,540 | | 4,363 |
| Louisiana GO | 5.000% | 10/1/26 | | 6,750 | | 8,330 |
| Louisiana Highway Improvement Revenue | 5.000% | 6/15/20 | | 1,420 | | 1,453 |
| Louisiana Highway Improvement Revenue | 5.000% | 6/15/21 | | 1,185 | | 1,256 |
| Louisiana Local Government Environmental Facilities & Community Development Authority Revenue | 5.000% | 10/1/21 | (15) | 1,930 | | 2,065 |
| Louisiana Local Government Environmental Facilities & Community Development Authority Revenue | 5.000% | 10/1/22 | (15) | 2,435 | | 2,683 |
| Louisiana Local Government Environmental Facilities & Community Development Authority Revenue | 5.000% | 10/1/23 | (15) | 5,000 | | 5,669 |
| Louisiana Local Government Environmental Facilities & Community Development Authority Revenue | 5.000% | 10/1/23 | (15) | 2,265 | | 2,568 |
| Louisiana Local Government Environmental Facilities & Community Development Authority Revenue | 5.000% | 10/1/24 | (15) | 4,365 | | 5,082 |
| Louisiana Local Government Environmental Facilities & Community Development Authority Revenue | 5.000% | 10/1/24 | (15) | 2,370 | | 2,759 |
| Louisiana Local Government Environmental Facilities & Community Development Authority Revenue | 5.000% | 10/1/25 | (15) | 4,300 | | 5,136 |
94
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Louisiana Local Government Environmental Facilities & Community Development Authority Revenue (Women’s Hospital Foundation Project) | 3.000% | 10/1/22 | | 1,000 | | 1,043 |
| Louisiana Local Government Environmental Facilities & Community Development Authority Revenue (Women’s Hospital Foundation Project) | 5.000% | 10/1/23 | | 1,000 | | 1,132 |
| Louisiana Local Government Environmental Facilities & Community Development Authority Revenue (Women’s Hospital Foundation Project) | 5.000% | 10/1/24 | | 1,410 | | 1,639 |
| Louisiana Local Government Environmental Facilities & Community Development Authority Revenue (Women’s Hospital Foundation Project) | 4.000% | 10/1/25 | | 2,075 | | 2,358 |
| Louisiana Offshore Terminal Authority Deep Water Port Revenue (LOOP LLC Project) PUT | 2.000% | 10/1/22 | | 2,500 | | 2,520 |
| Louisiana Public Facilities Authority Hospital Revenue (Louisiana Children’s Medical Center) PUT | 5.000% | 6/1/25 | | 25,000 | | 29,409 |
| Louisiana Public Facilities Authority Revenue (Christus Health) | 5.000% | 7/1/21 | | 360 | | 381 |
| Louisiana Public Facilities Authority Revenue (Christus Health) | 5.000% | 7/1/22 | | 290 | | 317 |
| Louisiana Public Facilities Authority Revenue (Christus Health) | 5.000% | 7/1/23 | | 395 | | 444 |
| Louisiana Public Facilities Authority Revenue (Christus Health) | 5.000% | 7/1/24 | | 1,135 | | 1,310 |
| Louisiana Public Facilities Authority Revenue (Christus Health) | 5.000% | 7/1/25 | | 2,540 | | 3,006 |
| Louisiana Public Facilities Authority Revenue (Christus Health) | 5.000% | 7/1/26 | | 2,670 | | 3,220 |
| Louisiana Public Facilities Authority Revenue (Hurricane Recovery Program) | 5.000% | 6/1/25 | | 5,000 | | 5,770 |
| Louisiana Public Facilities Authority Revenue (Ochsner Clinic Foundation Project) | 4.000% | 5/15/20 | | 330 | | 334 |
| Louisiana Public Facilities Authority Revenue (Ochsner Clinic Foundation Project) | 5.000% | 5/15/21 | | 450 | | 473 |
| Louisiana Public Facilities Authority Revenue (Ochsner Clinic Foundation Project) | 5.000% | 5/15/22 | | 350 | | 379 |
| Louisiana Public Facilities Authority Revenue (Ochsner Clinic Foundation Project) | 5.000% | 5/15/23 | | 645 | | 719 |
| Louisiana Public Facilities Authority Revenue (Ochsner Clinic Foundation Project) | 5.000% | 5/15/24 | | 635 | | 726 |
| Louisiana Public Facilities Authority Revenue (Ochsner Clinic Foundation Project) | 5.000% | 5/15/25 | | 720 | | 843 |
| Louisiana Stadium & Exposition District Revenue | 5.000% | 7/1/20 | | 1,100 | | 1,127 |
| New Orleans LA Aviation Board Revenue | 5.000% | 1/1/22 | | 135 | | 146 |
| New Orleans LA Aviation Board Revenue | 5.000% | 1/1/23 | | 150 | | 167 |
| New Orleans LA Aviation Board Revenue | 5.000% | 1/1/24 | | 200 | | 229 |
| New Orleans LA Aviation Board Revenue | 5.000% | 10/1/24 | (4) | 100 | | 116 |
| New Orleans LA Aviation Board Revenue | 5.000% | 1/1/25 | | 100 | | 117 |
| New Orleans LA Aviation Board Revenue | 5.000% | 10/1/25 | (4) | 350 | | 416 |
| New Orleans LA GO | 5.000% | 12/1/20 | | 1,400 | | 1,456 |
| New Orleans LA GO | 5.000% | 12/1/21 | | 1,260 | | 1,356 |
| New Orleans LA GO | 5.000% | 12/1/22 | | 700 | | 777 |
| Saint John the Baptist Parish LA Revenue (Marathon Oil Corporation Project) PUT | 2.000% | 4/1/23 | | 7,700 | | 7,699 |
| Saint John the Baptist Parish LA Revenue (Marathon Oil Corporation Project) PUT | 2.100% | 7/1/24 | | 7,200 | | 7,218 |
| Saint John the Baptist Parish LA Revenue (Marathon Oil Corporation Project) PUT | 2.200% | 7/1/26 | | 15,400 | | 15,434 |
| Shreveport LA Water & Sewer Revenue | 5.000% | 12/1/23 | (15) | 1,500 | | 1,707 |
| Shreveport LA Water & Sewer Revenue | 5.000% | 12/1/24 | (15) | 2,825 | | 3,295 |
| Shreveport LA Water & Sewer Revenue | 4.000% | 12/1/25 | (4) | 835 | | 953 |
| Shreveport LA Water & Sewer Revenue | 5.000% | 12/1/25 | (15) | 2,000 | | 2,378 |
| St. Charles Parish LA Gulf Opportunity Zone Revenue (Valero Energy Corp.) PUT | 4.000% | 6/1/22 | | 14,650 | | 15,457 |
| Tobacco Settlement Financing Corp. Louisiana Revenue | 5.000% | 5/15/20 | | 9,220 | | 9,390 |
| Tobacco Settlement Financing Corp. Louisiana Revenue | 5.000% | 5/15/22 | | 1,000 | | 1,084 |
| | | | | | | 417,547 |
Maine (0.1%) | | | | | | |
| Maine GO | 5.000% | 6/1/22 | | 10,205 | | 11,201 |
| Maine Governmental Facilities Authority Revenue | 4.000% | 10/1/24 | | 690 | | 777 |
| Maine Health & Higher Educational Facilities Authority Revenue | 5.000% | 7/1/21 | | 3,930 | | 4,164 |
| Maine Health & Higher Educational Facilities Authority Revenue | 5.000% | 7/1/22 | | 1,425 | | 1,560 |
| Maine Health & Higher Educational Facilities Authority Revenue | 5.000% | 7/1/23 | | 3,275 | | 3,691 |
| Maine Health & Higher Educational Facilities Authority Revenue | 5.000% | 7/1/24 | | 1,055 | | 1,224 |
| Maine Health & Higher Educational Facilities Authority Revenue | 5.000% | 7/1/24 | | 2,740 | | 3,176 |
| Maine Health & Higher Educational Facilities Authority Revenue (University of New England) | 5.000% | 7/1/24 | | 500 | | 577 |
| Maine Health & Higher Educational Facilities Authority Revenue (University of New England) | 4.000% | 7/1/25 | | 595 | | 670 |
| Maine Housing Authority Mortgage Revenue | 3.500% | 11/15/47 | | 3,105 | | 3,273 |
| Maine Housing Authority Mortgage Revenue | 4.000% | 11/15/47 | | 4,325 | | 4,610 |
| Maine Municipal Bond Bank Revenue GANS | 5.000% | 9/1/23 | | 825 | | 939 |
| Maine Municipal Bond Bank Revenue GANS | 5.000% | 9/1/24 | | 860 | | 1,007 |
| Maine Municipal Bond Bank Revenue GANS | 5.000% | 9/1/25 | | 1,590 | | 1,911 |
| | | | | | | 38,780 |
Maryland (3.0%) | | | | | | |
| Anne Arundel County MD GO | 5.000% | 10/1/22 | | 3,110 | | 3,452 |
| Anne Arundel County MD GO | 5.000% | 10/1/22 | | 1,455 | | 1,615 |
| Anne Arundel County MD GO | 5.000% | 10/1/22 | | 2,520 | | 2,797 |
| Anne Arundel County MD GO | 5.000% | 10/1/22 | | 4,690 | | 5,206 |
| Anne Arundel County MD GO | 5.000% | 10/1/23 | | 3,110 | | 3,565 |
| Anne Arundel County MD GO | 5.000% | 10/1/23 | | 2,485 | | 2,849 |
3 | Anne Arundel County MD GO | 5.000% | 10/1/23 | | 3,880 | | 4,448 |
| Anne Arundel County MD GO | 5.000% | 4/1/28 | | 1,395 | | 1,658 |
| Baltimore County MD GO | 5.000% | 2/1/20 | | 2,100 | | 2,120 |
| Baltimore County MD GO | 5.000% | 10/15/21 | | 10,400 | | 11,173 |
95
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Baltimore County MD GO | 5.000% | 8/1/25 | | 3,000 | | 3,305 |
| Baltimore MD Project Revenue | 4.000% | 7/1/21 | | 350 | | 366 |
| Baltimore MD Project Revenue | 4.000% | 7/1/21 | | 300 | | 314 |
| Baltimore MD Project Revenue | 5.000% | 7/1/21 | | 750 | | 796 |
| Baltimore MD Project Revenue | 5.000% | 7/1/21 | | 520 | | 553 |
| Baltimore MD Project Revenue | 4.000% | 7/1/22 | | 400 | | 429 |
| Baltimore MD Project Revenue | 5.000% | 7/1/22 | | 550 | | 604 |
| Baltimore MD Project Revenue | 5.000% | 7/1/22 | | 500 | | 550 |
| Baltimore MD Project Revenue | 5.000% | 7/1/22 | | 375 | | 412 |
| Baltimore MD Project Revenue | 4.000% | 7/1/23 | | 520 | | 571 |
| Baltimore MD Project Revenue | 5.000% | 7/1/23 | | 550 | | 624 |
| Baltimore MD Project Revenue | 5.000% | 7/1/23 | | 525 | | 596 |
| Baltimore MD Project Revenue | 5.000% | 7/1/23 | | 325 | | 369 |
| Baltimore MD Project Revenue | 5.000% | 7/1/24 | | 750 | | 878 |
| Baltimore MD Project Revenue | 5.000% | 7/1/24 | | 615 | | 719 |
| Baltimore MD Project Revenue | 5.000% | 7/1/25 | | 650 | | 782 |
| Baltimore MD Project Revenue | 5.000% | 7/1/25 | | 520 | | 623 |
| Baltimore MD Project Revenue | 5.000% | 7/1/26 | | 1,000 | | 1,233 |
| Baltimore MD Project Revenue | 5.000% | 7/1/26 | | 500 | | 614 |
4 | Baltimore MD Project Revenue TOB VRDO | 1.270% | 11/7/19 | | 8,185 | | 8,185 |
| Baltimore MD Special Obligation Revenue (Harbor Point Project) | 2.650% | 6/1/22 | | 180 | | 180 |
| Baltimore MD Special Obligation Revenue (Harbor Point Project) | 2.750% | 6/1/24 | | 100 | | 100 |
| Baltimore MD Special Obligation Revenue (Harbor Point Project) | 3.000% | 6/1/24 | | 165 | | 165 |
| Baltimore MD Special Obligation Revenue (Harbor Point Project) | 2.850% | 6/1/26 | | 135 | | 135 |
| Baltimore MD Special Obligation Revenue (Harbor Point Project) | 2.950% | 6/1/27 | | 175 | | 176 |
| Charles County MD GO | 5.000% | 10/1/23 | | 3,400 | | 3,898 |
| Charles County MD GO | 5.000% | 10/1/24 | | 3,575 | | 4,220 |
| Gaithersburg MD Economic Development Revenue (Asbury Maryland Obligated Group) | 4.500% | 1/1/25 | | 1,500 | | 1,677 |
| Gaithersburg MD Economic Development Revenue (Asbury Maryland Obligated Group) | 4.500% | 1/1/26 | | 2,000 | | 2,269 |
| Howard County MD GO | 5.000% | 2/15/20 | | 4,475 | | 4,523 |
| Howard County MD GO | 5.000% | 8/15/21 | | 5,250 | | 5,609 |
| Howard County MD GO | 5.000% | 8/15/22 | | 5,385 | | 5,953 |
| Howard County MD GO | 5.000% | 8/15/23 | | 4,185 | | 4,779 |
| Howard County MD GO | 5.000% | 8/15/23 | | 1,390 | | 1,587 |
| Howard County MD GO | 5.000% | 8/15/24 | | 4,400 | | 5,174 |
| Howard County MD GO | 5.000% | 8/15/24 | | 1,000 | | 1,176 |
| Maryland Community Development Administration (Department of Housing & Community Development) Revenue | 3.500% | 3/1/50 | | 10,000 | | 10,789 |
| Maryland Department of Transportation Revenue | 5.000% | 12/1/20 | | 15,495 | | 16,136 |
| Maryland Department of Transportation Revenue | 5.000% | 12/15/21 | | 7,930 | | 8,569 |
| Maryland Department of Transportation Revenue | 5.000% | 2/15/22 | | 38,965 | | 42,355 |
| Maryland Department of Transportation Revenue | 5.000% | 12/15/22 | | 11,270 | | 12,595 |
| Maryland Department of Transportation Revenue | 5.000% | 2/1/24 | | 10,165 | | 11,401 |
| Maryland Department of Transportation Revenue | 4.000% | 12/15/24 | | 17,620 | | 19,609 |
| Maryland Department of Transportation Revenue | 4.000% | 9/1/25 | | 2,125 | | 2,446 |
| Maryland Department of Transportation Revenue | 5.000% | 10/1/25 | | 25,005 | | 30,278 |
| Maryland Department of Transportation Revenue | 4.000% | 12/15/25 | | 4,550 | | 5,038 |
| Maryland Department of Transportation Revenue | 4.000% | 2/1/28 | | 21,560 | | 23,397 |
| Maryland Department of Transportation Revenue | 4.000% | 5/1/28 | | 10,440 | | 11,853 |
| Maryland Department of Transportation Revenue | 4.000% | 2/1/29 | | 7,750 | | 8,399 |
| Maryland Economic Development Corp. Revenue (Constellation Energy Group, Inc. Project) PUT | 2.550% | 6/1/20 | | 8,900 | | 8,965 |
| Maryland Economic Development Corp. Revenue (Transportation Facilities Project) | 4.000% | 6/1/20 | | 1,485 | | 1,507 |
| Maryland Economic Development Corp. Revenue (Transportation Facilities Project) | 5.000% | 6/1/21 | | 1,640 | | 1,729 |
| Maryland Economic Development Corp. Revenue (Transportation Facilities Project) | 5.000% | 6/1/23 | | 1,480 | | 1,650 |
| Maryland Economic Development Corp. Revenue (Transportation Facilities Project) | 5.000% | 6/1/24 | | 1,500 | | 1,717 |
| Maryland Economic Development Corp. Revenue (Transportation Facilities Project) | 5.000% | 6/1/25 | | 1,500 | | 1,754 |
| Maryland Economic Development Corp. Student Housing Revenue (University of Maryland College Park) | 4.000% | 6/1/20 | (4) | 620 | | 630 |
| Maryland Economic Development Corp. Student Housing Revenue (University of Maryland College Park) | 4.000% | 6/1/21 | (4) | 700 | | 730 |
| Maryland Economic Development Corp. Student Housing Revenue (University of Maryland College Park) | 4.000% | 6/1/22 | (4) | 1,200 | | 1,283 |
| Maryland Economic Development Corp. Student Housing Revenue (University of Maryland College Park) | 4.000% | 6/1/23 | (4) | 1,350 | | 1,477 |
| Maryland GO | 5.000% | 11/1/19 | | 4,265 | | 4,265 |
| Maryland GO | 5.000% | 3/1/21 | (Prere.) | 3,745 | | 3,935 |
| Maryland GO | 4.000% | 8/1/21 | | 20,000 | | 20,994 |
| Maryland GO | 5.000% | 8/1/21 | | 30,425 | | 32,460 |
| Maryland GO | 5.000% | 8/1/21 | | 34,110 | | 36,392 |
| Maryland GO | 5.000% | 8/1/22 | | 4,505 | | 4,974 |
| Maryland GO | 5.000% | 8/1/23 | | 35,155 | | 40,091 |
| Maryland GO | 5.000% | 3/15/24 | | 18,320 | | 21,280 |
96
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Maryland GO | 5.000% | 8/1/24 | | 10,000 | | 11,746 |
| Maryland GO | 4.000% | 3/1/25 | | 34,080 | | 35,350 |
| Maryland GO | 5.000% | 3/15/25 | | 1,625 | | 1,943 |
| Maryland GO | 5.000% | 3/15/25 | | 32,130 | | 38,422 |
| Maryland GO | 2.750% | 8/1/25 | | 590 | | 622 |
| Maryland GO | 4.000% | 8/1/25 | | 16,630 | | 19,178 |
| Maryland GO | 4.000% | 8/1/25 | | 22,770 | | 23,882 |
| Maryland GO | 5.000% | 8/1/25 | | 2,600 | | 3,142 |
| Maryland GO | 5.000% | 8/1/25 | | 21,785 | | 26,327 |
| Maryland GO | 5.000% | 6/1/26 | | 1,150 | | 1,340 |
| Maryland Health & Higher Educational Facilities Authority Revenue (Adventist Healthcare Obligated Group) | 5.250% | 1/1/24 | | 1,455 | | 1,659 |
| Maryland Health & Higher Educational Facilities Authority Revenue (Anne Arundel Health System) | 5.000% | 7/1/20 | | 1,000 | | 1,024 |
| Maryland Health & Higher Educational Facilities Authority Revenue (Broadmead Inc.) | 5.000% | 7/1/22 | | 680 | | 741 |
| Maryland Health & Higher Educational Facilities Authority Revenue (Broadmead Inc.) | 2.875% | 7/1/23 | | 875 | | 915 |
| Maryland Health & Higher Educational Facilities Authority Revenue (Broadmead Inc.) | 5.000% | 7/1/25 | | 735 | | 865 |
| Maryland Health & Higher Educational Facilities Authority Revenue (MedStar Health) | 5.000% | 8/15/20 | | 2,170 | | 2,235 |
| Maryland Health & Higher Educational Facilities Authority Revenue (MedStar Health) | 5.000% | 8/15/21 | | 1,785 | | 1,906 |
| Maryland Health & Higher Educational Facilities Authority Revenue (MedStar Health) | 5.000% | 8/15/22 | | 4,600 | | 5,068 |
4 | Maryland Health & Higher Educational Facilities Authority Revenue (Mercy Medical Center) TOB VRDO | 1.250% | 11/7/19 | LOC | 12,690 | | 12,690 |
| Maryland Health & Higher Educational Facilities Authority Revenue (Meritus Medical Center, Inc.) | 4.000% | 7/1/20 | | 1,055 | | 1,073 |
| Maryland Health & Higher Educational Facilities Authority Revenue (Meritus Medical Center, Inc.) | 5.000% | 7/1/21 | | 650 | | 688 |
| Maryland Health & Higher Educational Facilities Authority Revenue (Meritus Medical Center, Inc.) | 5.000% | 7/1/22 | | 500 | | 546 |
| Maryland Health & Higher Educational Facilities Authority Revenue (Meritus Medical Center, Inc.) | 5.000% | 7/1/23 | | 1,220 | | 1,372 |
| Maryland Health & Higher Educational Facilities Authority Revenue (Peninsula Regional Medical Center) | 5.000% | 7/1/21 | | 2,220 | | 2,351 |
| Maryland Health & Higher Educational Facilities Authority Revenue (University of Maryland Medical System) | 4.000% | 7/1/21 | | 1,015 | | 1,062 |
| Maryland Health & Higher Educational Facilities Authority Revenue (University of Maryland Medical System) | 5.000% | 7/1/22 | | 2,580 | | 2,835 |
| Maryland Health & Higher Educational Facilities Authority Revenue (Western Maryland Health System) | 5.000% | 7/1/20 | | 3,150 | | 3,222 |
| Maryland Health & Higher Educational Facilities Authority Revenue (Western Maryland Health System) | 5.000% | 7/1/21 | | 7,045 | | 7,444 |
| Maryland Health & Higher Educational Facilities Authority Revenue (Western Maryland Health System) | 5.000% | 7/1/22 | | 5,000 | | 5,447 |
| Maryland Transportation Authority Facilities Projects Revenue | 5.000% | 7/1/21 | | 5,790 | | 6,157 |
| Maryland Transportation Authority Facilities Projects Revenue | 5.000% | 7/1/22 | | 6,365 | | 7,002 |
| Maryland Transportation Authority Facilities Projects Revenue | 5.000% | 7/1/23 | | 6,595 | | 7,494 |
| Maryland Water Quality Financing Administration Bay Restoration Revolving Loan Fund Revenue | 5.000% | 3/1/22 | | 12,350 | | 13,436 |
| Maryland Water Quality Financing Administration Bay Restoration Revolving Loan Fund Revenue | 5.000% | 3/1/25 | | 1,035 | | 1,199 |
| Maryland Water Quality Financing Administration Bay Restoration Revolving Loan Fund Revenue | 3.000% | 3/1/27 | | 3,000 | | 3,188 |
| Montgomery County MD GO | 5.000% | 11/1/19 | | 2,840 | | 2,840 |
| Montgomery County MD GO | 5.000% | 11/1/21 | | 22,680 | | 24,376 |
| Montgomery County MD GO | 5.000% | 12/1/21 | | 10,000 | | 10,776 |
| Montgomery County MD GO | 5.000% | 12/1/22 | | 8,650 | | 9,655 |
| Montgomery County MD GO | 5.000% | 11/1/24 | | 5,275 | | 6,241 |
| Montgomery County MD GO | 4.000% | 11/1/25 | | 6,195 | | 7,181 |
| Montgomery County MD Revenue (CHE Trinity Health Credit Group) PUT | 1.220% | 12/2/19 | | 12,250 | | 12,246 |
| Prince George MD Consolidated Public Improvement GO | 5.000% | 7/15/21 | | 2,800 | | 2,981 |
| Prince George MD Consolidated Public Improvement GO | 5.000% | 3/1/22 | | 2,210 | | 2,406 |
| Prince George MD Consolidated Public Improvement GO | 5.000% | 7/15/22 | | 6,075 | | 6,697 |
| Prince George MD Consolidated Public Improvement GO | 5.000% | 7/15/23 | | 13,090 | | 14,907 |
| Prince Georges County MD (Regional Medical Center) COP | 5.000% | 10/1/24 | | 1,140 | | 1,344 |
| Rockville MD Mayor & Council Economic Development Revenue (Ingleside at King Farm Project) | 5.000% | 11/1/23 | | 650 | | 727 |
| Rockville MD Mayor & Council Economic Development Revenue (Ingleside at King Farm Project) | 2.500% | 11/1/24 | | 8,015 | | 8,018 |
| Rockville MD Mayor & Council Economic Development Revenue (Ingleside at King Farm Project) | 5.000% | 11/1/24 | | 1,145 | | 1,308 |
| Rockville MD Mayor & Council Economic Development Revenue (Ingleside at King Farm Project) | 3.000% | 11/1/25 | | 1,375 | | 1,381 |
| Rockville MD Mayor & Council Economic Development Revenue (Ingleside at King Farm Project) | 5.000% | 11/1/25 | | 1,250 | | 1,454 |
| Washington MD Suburban Sanitary Commission GO | 4.000% | 6/1/21 | | 14,705 | | 15,355 |
| Washington MD Suburban Sanitary Commission GO | 5.000% | 6/1/24 | | 1,000 | | 1,169 |
| Westminster MD Educational Facilities Revenue (McDaniel College Inc.) | 5.000% | 11/1/21 | | 1,840 | | 1,963 |
| Westminster MD Educational Facilities Revenue (McDaniel College Inc.) | 5.000% | 11/1/22 | | 1,950 | | 2,133 |
| Westminster MD Educational Facilities Revenue (McDaniel College Inc.) | 5.000% | 11/1/23 | | 2,060 | | 2,306 |
| | | | | | | 882,760 |
Massachusetts (2.8%) | | | | | | |
| Beth Israel Lahey Health MA | 5.000% | 7/1/23 | | 2,605 | | 2,945 |
1 | Massachusetts Bay Transportation Authority Sales Tax Revenue PUT, SIFMA Municipal Swap Index Yield + 0.300% | 1.420% | 5/28/20 | | 29,190 | | 29,190 |
| Massachusetts College Building Authority Revenue | 5.000% | 5/1/21 | | 5,495 | | 5,809 |
97
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Massachusetts Department of Transportation Metropolitan Highway System Revenue | 5.000% | 1/1/22 | | 8,535 | | 9,237 |
| Massachusetts Department of Transportation Metropolitan Highway System Revenue | 5.000% | 1/1/23 | | 7,000 | | 7,042 |
| Massachusetts Department of Transportation Metropolitan Highway System Revenue | 5.000% | 1/1/23 | | 7,735 | | 8,655 |
| Massachusetts Department of Transportation Metropolitan Highway System Revenue | 5.000% | 1/1/24 | | 3,500 | | 4,039 |
| Massachusetts Department of Transportation Metropolitan Highway System Revenue | 5.000% | 1/1/25 | | 2,205 | | 2,618 |
| Massachusetts Department of Transportation Metropolitan Highway System Revenue | 5.000% | 1/1/25 | | 7,055 | | 8,376 |
| Massachusetts Department of Transportation Metropolitan Highway System Revenue | 5.000% | 1/1/26 | | 5,000 | | 6,092 |
| Massachusetts Department of Transportation Metropolitan Highway System Revenue | 5.000% | 1/1/27 | | 1,020 | | 1,270 |
| Massachusetts Department of Transportation Metropolitan Highway System Revenue PUT | 5.000% | 1/1/23 | | 36,825 | | 40,936 |
| Massachusetts Development Finance Agency Revenue | 5.000% | 7/1/21 | | 525 | | 554 |
| Massachusetts Development Finance Agency Revenue | 5.000% | 7/1/23 | | 765 | | 855 |
| Massachusetts Development Finance Agency Revenue | 5.000% | 7/1/24 | | 700 | | 803 |
| Massachusetts Development Finance Agency Revenue | 5.000% | 7/1/25 | | 1,400 | | 1,643 |
| Massachusetts Development Finance Agency Revenue | 5.000% | 7/1/26 | | 1,920 | | 2,297 |
| Massachusetts Development Finance Agency Revenue (Boston Medical Center) | 5.000% | 7/1/21 | | 750 | | 792 |
| Massachusetts Development Finance Agency Revenue (Boston Medical Center) | 5.000% | 7/1/21 | | 1,425 | | 1,506 |
| Massachusetts Development Finance Agency Revenue (Boston Medical Center) | 5.000% | 7/1/22 | | 850 | | 926 |
| Massachusetts Development Finance Agency Revenue (Boston Medical Center) | 5.250% | 7/1/23 | | 2,395 | | 2,622 |
| Massachusetts Development Finance Agency Revenue (Boston Medical Center) | 5.250% | 7/1/24 | | 1,610 | | 1,761 |
| Massachusetts Development Finance Agency Revenue (Boston Medical Center) | 5.000% | 7/1/26 | | 1,055 | | 1,267 |
| Massachusetts Development Finance Agency Revenue (Boston University) PUT | 5.000% | 4/1/24 | | 8,600 | | 9,806 |
| Massachusetts Development Finance Agency Revenue (Boston University) PUT | 5.000% | 4/1/24 | | 1,000 | | 1,140 |
4 | Massachusetts Development Finance Agency Revenue (Boston University) TOB VRDO | 1.180% | 11/7/19 | LOC | 6,430 | | 6,430 |
| Massachusetts Development Finance Agency Revenue (CareGroup Inc.) | 5.000% | 7/1/20 | | 5,000 | | 5,123 |
| Massachusetts Development Finance Agency Revenue (CareGroup Inc.) | 5.000% | 7/1/20 | | 1,260 | | 1,291 |
| Massachusetts Development Finance Agency Revenue (CareGroup Inc.) | 5.000% | 7/1/21 | | 5,705 | | 6,056 |
| Massachusetts Development Finance Agency Revenue (CareGroup Inc.) | 5.000% | 7/1/21 | | 5,035 | | 5,345 |
| Massachusetts Development Finance Agency Revenue (CareGroup Inc.) | 5.000% | 7/1/21 | | 500 | | 531 |
| Massachusetts Development Finance Agency Revenue (CareGroup Inc.) | 5.000% | 7/1/22 | | 3,485 | | 3,821 |
| Massachusetts Development Finance Agency Revenue (CareGroup Inc.) | 5.000% | 7/1/22 | | 1,655 | | 1,815 |
| Massachusetts Development Finance Agency Revenue (CareGroup Inc.) | 5.000% | 7/1/23 | | 6,000 | | 6,783 |
| Massachusetts Development Finance Agency Revenue (CareGroup Inc.) | 5.000% | 7/1/23 | | 500 | | 565 |
| Massachusetts Development Finance Agency Revenue (CareGroup Inc.) | 5.000% | 7/1/24 | | 1,350 | | 1,569 |
| Massachusetts Development Finance Agency Revenue (CareGroup Inc.) | 5.000% | 7/1/25 | | 1,570 | | 1,870 |
| Massachusetts Development Finance Agency Revenue (CareGroup Inc.) | 5.000% | 7/1/25 | | 780 | | 929 |
| Massachusetts Development Finance Agency Revenue (CareGroup Inc.) | 5.000% | 7/1/26 | | 5,735 | | 6,981 |
| Massachusetts Development Finance Agency Revenue (Emerson College) | 5.000% | 1/1/20 | | 1,070 | | 1,076 |
| Massachusetts Development Finance Agency Revenue (Emerson College) | 5.000% | 1/1/21 | | 3,180 | | 3,308 |
| Massachusetts Development Finance Agency Revenue (Emerson College) | 5.000% | 1/1/22 | | 3,285 | | 3,525 |
| Massachusetts Development Finance Agency Revenue (Emerson College) | 5.000% | 1/1/22 | | 1,725 | | 1,851 |
| Massachusetts Development Finance Agency Revenue (Emerson College) | 5.000% | 1/1/23 | | 3,335 | | 3,680 |
| Massachusetts Development Finance Agency Revenue (Emerson College) | 5.000% | 1/1/23 | | 1,200 | | 1,324 |
| Massachusetts Development Finance Agency Revenue (Emerson College) | 5.000% | 1/1/24 | | 1,625 | | 1,841 |
| Massachusetts Development Finance Agency Revenue (Emerson College) | 5.000% | 1/1/24 | | 3,655 | | 4,137 |
| Massachusetts Development Finance Agency Revenue (Emerson College) | 5.000% | 1/1/25 | | 1,010 | | 1,169 |
| Massachusetts Development Finance Agency Revenue (Lahey Clinic Obligated Group) | 4.000% | 7/1/22 | | 750 | | 803 |
| Massachusetts Development Finance Agency Revenue (Lahey Clinic Obligated Group) | 5.000% | 7/1/24 | | 1,000 | | 1,162 |
| Massachusetts Development Finance Agency Revenue (Lahey Clinic Obligated Group) | 5.000% | 7/1/25 | | 2,320 | | 2,764 |
| Massachusetts Development Finance Agency Revenue (Lahey Clinic Obligated Group) | 5.000% | 7/1/26 | | 2,000 | | 2,434 |
| Massachusetts Development Finance Agency Revenue (Lawrence General Hospital Obligated Group) | 5.000% | 7/1/20 | | 700 | | 713 |
| Massachusetts Development Finance Agency Revenue (Lawrence General Hospital Obligated Group) | 5.000% | 7/1/21 | | 750 | | 784 |
| Massachusetts Development Finance Agency Revenue (Lawrence General Hospital Obligated Group) | 5.000% | 7/1/23 | | 800 | | 875 |
| Massachusetts Development Finance Agency Revenue (Lawrence General Hospital Obligated Group) | 5.000% | 7/1/24 | | 1,420 | | 1,583 |
| Massachusetts Development Finance Agency Revenue (Lawrence General Hospital Obligated Group) | 5.000% | 7/1/25 | | 1,195 | | 1,355 |
| Massachusetts Development Finance Agency Revenue (Linden Ponds Inc.) | 4.000% | 11/15/23 | | 1,090 | | 1,128 |
| Massachusetts Development Finance Agency Revenue (Lyman Terrace Phase II LLC) PUT | 1.390% | 2/1/22 | | 2,475 | | 2,477 |
| Massachusetts Development Finance Agency Revenue (NewBridge Charles Inc.) | 3.000% | 10/1/20 | | 1,275 | | 1,288 |
| Massachusetts Development Finance Agency Revenue (NewBridge Charles Inc.) | 3.000% | 10/1/21 | | 1,315 | | 1,339 |
| Massachusetts Development Finance Agency Revenue (NewBridge Charles Inc.) | 3.500% | 10/1/22 | | 1,005 | | 1,044 |
| Massachusetts Development Finance Agency Revenue (NewBridge Charles Inc.) | 3.500% | 10/1/23 | | 2,800 | | 2,936 |
| Massachusetts Development Finance Agency Revenue (NewBridge Charles Inc.) | 4.000% | 10/1/24 | | 1,150 | | 1,240 |
| Massachusetts Development Finance Agency Revenue (NewBridge Charles Inc.) | 4.000% | 10/1/25 | | 500 | | 545 |
| Massachusetts Development Finance Agency Revenue (Partners Healthcare) | 5.000% | 7/1/20 | | 800 | | 820 |
| Massachusetts Development Finance Agency Revenue (Partners Healthcare) | 5.000% | 7/1/21 | | 2,000 | | 2,125 |
| Massachusetts Development Finance Agency Revenue (Partners Healthcare) | 5.000% | 7/1/22 | | 1,565 | | 1,719 |
| Massachusetts Development Finance Agency Revenue (Partners Healthcare) | 5.000% | 7/1/23 | | 2,800 | | 3,174 |
98
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Massachusetts Development Finance Agency Revenue (Partners Healthcare) | 5.000% | 7/1/24 | | 3,000 | | 3,503 |
| Massachusetts Development Finance Agency Revenue (Partners Healthcare) PUT | 5.000% | 1/25/24 | | 5,000 | | 5,759 |
| Massachusetts Development Finance Agency Revenue (Partners Healthcare) PUT | 5.000% | 1/30/25 | | 4,000 | | 4,731 |
1 | Massachusetts Development Finance Agency Revenue (Partners Healthcare) PUT, SIFMA Municipal Swap Index Yield + 0.480% | 1.600% | 1/29/20 | | 5,800 | | 5,801 |
| Massachusetts Development Finance Agency Revenue (Seven Hills Foundation Obligated Group) | 5.000% | 9/1/20 | | 1,105 | | 1,131 |
| Massachusetts Development Finance Agency Revenue (Seven Hills Foundation Obligated Group) | 5.000% | 9/1/21 | | 1,095 | | 1,149 |
| Massachusetts Development Finance Agency Revenue (Seven Hills Foundation Obligated Group) | 5.000% | 9/1/22 | | 1,165 | | 1,251 |
| Massachusetts Development Finance Agency Revenue (Simmons College) | 5.250% | 10/1/21 | (10) | 200 | | 214 |
| Massachusetts Development Finance Agency Revenue (South Shore Hospital Inc.) | 5.000% | 7/1/21 | | 1,025 | | 1,083 |
| Massachusetts Development Finance Agency Revenue (South Shore Hospital Inc.) | 5.000% | 7/1/22 | | 695 | | 757 |
| Massachusetts Development Finance Agency Revenue (Suffolk University) | 4.000% | 7/1/20 | | 380 | | 387 |
| Massachusetts Development Finance Agency Revenue (Suffolk University) | 5.000% | 7/1/21 | | 550 | | 583 |
| Massachusetts Development Finance Agency Revenue (Suffolk University) | 5.000% | 7/1/22 | | 435 | | 476 |
| Massachusetts Development Finance Agency Revenue (Suffolk University) | 5.000% | 7/1/22 | | 550 | | 602 |
| Massachusetts Development Finance Agency Revenue (Suffolk University) | 5.000% | 7/1/23 | | 1,500 | | 1,690 |
| Massachusetts Development Finance Agency Revenue (Suffolk University) | 5.000% | 7/1/23 | | 450 | | 507 |
| Massachusetts Development Finance Agency Revenue (Suffolk University) | 5.000% | 7/1/24 | | 1,000 | | 1,157 |
| Massachusetts Development Finance Agency Revenue (Suffolk University) | 5.000% | 7/1/24 | | 350 | | 405 |
| Massachusetts Development Finance Agency Revenue (Suffolk University) | 5.000% | 7/1/25 | | 525 | | 622 |
| Massachusetts Development Finance Agency Revenue (Suffolk University) | 5.000% | 7/1/26 | | 550 | | 663 |
| Massachusetts Development Finance Agency Revenue (UMass Memorial Health Care Obligated Group) | 5.000% | 7/1/26 | | 845 | | 1,018 |
| Massachusetts Development Finance Agency Revenue (UMass Memorial Medical Center) | 5.000% | 7/1/21 | | 3,200 | | 3,382 |
| Massachusetts Development Finance Agency Revenue (UMass Memorial Medical Center) | 5.000% | 7/1/21 | | 1,440 | | 1,522 |
| Massachusetts Development Finance Agency Revenue (UMass Memorial Medical Center) | 5.000% | 7/1/22 | | 750 | | 818 |
| Massachusetts Development Finance Agency Revenue (Western New England University) | 5.000% | 9/1/20 | | 300 | | 309 |
| Massachusetts Development Finance Agency Revenue (Western New England University) | 5.000% | 9/1/21 | | 250 | | 266 |
| Massachusetts Development Finance Agency Revenue (Western New England University) | 5.000% | 9/1/22 | | 400 | | 438 |
| Massachusetts Development Finance Agency Revenue (Western New England University) | 5.000% | 9/1/23 | | 1,035 | | 1,165 |
| Massachusetts Development Finance Agency Revenue (Western New England University) | 5.000% | 9/1/25 | | 1,145 | | 1,349 |
| Massachusetts Development Finance Agency Revenue (Williams College) PUT | 1.450% | 7/1/21 | | 5,310 | | 5,328 |
| Massachusetts Educational Financing Authority Education Loan Revenue | 5.500% | 1/1/22 | | 1,000 | | 1,007 |
| Massachusetts Federal Highway GAN (Accelerated Bridge Program) | 5.000% | 6/15/20 | | 5,020 | | 5,138 |
| Massachusetts GO | 5.500% | 12/1/19 | (14) | 9,160 | | 9,190 |
| Massachusetts GO | 5.000% | 6/1/20 | (Prere.) | 10,000 | | 10,223 |
| Massachusetts GO | 5.000% | 8/1/21 | | 40,500 | | 43,209 |
| Massachusetts GO | 5.000% | 8/1/21 | (Prere.) | 7,500 | | 8,000 |
| Massachusetts GO | 5.250% | 8/1/21 | | 2,500 | | 2,678 |
| Massachusetts GO | 5.000% | 10/1/21 | (Prere.) | 7,860 | | 8,434 |
| Massachusetts GO | 5.000% | 7/1/22 | (Prere.) | 14,955 | | 16,450 |
| Massachusetts GO | 5.000% | 7/1/22 | | 3,255 | | 3,583 |
| Massachusetts GO | 5.000% | 7/1/22 | (Prere.) | 7,020 | | 7,722 |
| Massachusetts GO | 5.000% | 11/1/22 | (Prere.) | 10,000 | | 11,123 |
| Massachusetts GO | 5.000% | 11/1/22 | (Prere.) | 3,500 | | 3,893 |
| Massachusetts GO | 5.000% | 5/1/23 | | 8,000 | | 9,045 |
| Massachusetts GO | 5.000% | 10/1/23 | | 4,430 | | 5,075 |
| Massachusetts GO | 5.000% | 5/1/24 | | 20,000 | | 23,311 |
| Massachusetts GO | 5.000% | 7/1/24 | | 1,735 | | 2,032 |
| Massachusetts GO | 3.000% | 12/1/24 | | 37,230 | | 40,483 |
| Massachusetts GO | 5.000% | 5/1/25 | | 20,000 | | 23,991 |
| Massachusetts GO | 3.000% | 12/1/25 | | 8,150 | | 8,986 |
| Massachusetts GO | 5.000% | 7/1/26 | | 6,950 | | 8,579 |
| Massachusetts GO | 5.000% | 11/1/26 | | 3,005 | | 3,738 |
| Massachusetts GO | 3.000% | 12/1/26 | | 25,945 | | 28,804 |
| Massachusetts GO PUT | 1.050% | 7/1/20 | | 24,935 | | 24,888 |
| Massachusetts GO PUT | 1.700% | 8/1/22 | | 32,275 | | 32,581 |
| Massachusetts Health & Educational Facilities Authority Revenue (Milford Regional Medical Center) | 5.000% | 7/15/22 | | 315 | | 318 |
| Massachusetts Health & Educational Facilities Authority Revenue (UMass Memorial Medical Center) | 5.000% | 7/1/20 | | 960 | | 982 |
| Massachusetts Health & Educational Facilities Authority Revenue (UMass Memorial Medical Center) | 5.000% | 7/1/21 | | 1,415 | | 1,449 |
| Massachusetts Health & Educational Facilities Authority Revenue (University of Massachusetts Boston) PUT | 1.850% | 4/1/22 | | 3,700 | | 3,750 |
| Massachusetts Housing Finance Agency Revenue | 1.850% | 6/1/20 | | 790 | | 790 |
| Massachusetts Housing Finance Agency Revenue | 2.050% | 12/1/21 | | 12,500 | | 12,505 |
| Massachusetts Housing Finance Agency Revenue PUT | 1.450% | 12/1/22 | | 825 | | 823 |
| Massachusetts Housing Finance Agency Single Family Housing Revenue | 3.500% | 6/1/42 | | 4,960 | | 5,176 |
| Massachusetts Housing Finance Agency Single Family Housing Revenue | 4.000% | 12/1/44 | | 2,890 | | 3,040 |
| Massachusetts Housing Finance Agency Single Family Housing Revenue | 4.000% | 6/1/45 | | 2,645 | | 2,772 |
99
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Massachusetts Housing Finance Agency Single Family Housing Revenue PUT | 1.500% | 7/1/20 | | 2,000 | | 2,001 |
1 | Massachusetts Housing Finance Agency Single Family Housing Revenue PUT, 70% of 1M USD LIBOR + 0.380% | 1.802% | 9/1/21 | | 3,750 | | 3,752 |
1 | Massachusetts Housing Finance Agency Single Family Housing Revenue PUT, SIFMA Municipal Swap Index Yield + 0.330% | 1.450% | 12/1/21 | | 2,000 | | 2,000 |
| Massachusetts Housing Finance Agency Single Family Housing Revenue VRDO | 1.120% | 11/7/19 | | 800 | | 800 |
| Massachusetts School Building Authority Dedicated Sales Tax Revenue | 5.000% | 8/15/25 | | 6,520 | | 7,202 |
| Massachusetts School Building Authority Dedicated Sales Tax Revenue | 5.000% | 8/15/26 | | 3,930 | | 4,339 |
| Massachusetts Special Obligation Dedicated Tax Revenue | 5.500% | 1/1/23 | (14) | 12,440 | | 14,078 |
| Massachusetts Special Obligation Dedicated Tax Revenue | 5.500% | 1/1/24 | (14) | 28,990 | | 33,899 |
| Massachusetts Transportation Fund Revenue (Accelerated Bridge Program) | 5.000% | 6/1/21 | | 5,000 | | 5,301 |
| Massachusetts Transportation Fund Revenue (Accelerated Bridge Program) | 5.000% | 6/1/22 | | 3,850 | | 4,082 |
| Massachusetts Turnpike Authority Revenue (Metropolitan Highway System) | 0.000% | 1/1/20 | (14) | 17,000 | | 16,964 |
| Massachusetts Water Pollution Abatement Trust Revenue | 5.000% | 8/1/20 | (Prere.) | 6,000 | | 6,172 |
| Massachusetts Water Pollution Abatement Trust Revenue | 5.000% | 8/1/21 | | 4,630 | | 4,941 |
| Massachusetts Water Resources Authority Revenue | 5.000% | 8/1/21 | | 4,120 | | 4,396 |
| Massachusetts Water Resources Authority Revenue | 5.000% | 8/1/23 | | 6,000 | | 6,395 |
| University of Massachusetts Building Authority Revenue | 5.000% | 11/1/20 | | 1,250 | | 1,298 |
| University of Massachusetts Building Authority Revenue | 5.000% | 5/1/26 | | 2,650 | | 3,258 |
1 | University of Massachusetts Building Authority Revenue PUT, SIFMA Municipal Swap Index Yield + 0.300% | 1.420% | 5/28/20 | | 9,075 | | 9,075 |
| | | | | | | 807,296 |
Michigan (2.7%) | | | | | | |
| Byron Center MI Public School District GO | 5.000% | 5/1/23 | | 100 | | 112 |
| Byron Center MI Public School District GO | 5.000% | 5/1/24 | | 120 | | 139 |
| Byron Center MI Public School District GO | 5.000% | 5/1/25 | | 100 | | 119 |
| Byron Center MI Public School District GO | 5.000% | 5/1/26 | | 110 | | 133 |
| Byron Center MI Public School District GO | 5.000% | 5/1/27 | | 200 | | 247 |
| Chippewa Valley MI Schools GO | 5.000% | 5/1/22 | | 450 | | 492 |
| Chippewa Valley MI Schools GO | 5.000% | 5/1/23 | | 575 | | 649 |
| Chippewa Valley MI Schools GO | 5.000% | 5/1/23 | | 3,095 | | 3,491 |
| Coopersville MI Area Public Schools GO | 5.000% | 5/1/20 | | 1,575 | | 1,604 |
| Coopersville MI Area Public Schools GO | 5.000% | 5/1/21 | | 2,325 | | 2,454 |
| Coopersville MI Area Public Schools GO | 5.000% | 5/1/22 | | 1,925 | | 2,102 |
| Detroit MI City School District GO | 5.000% | 5/1/23 | | 2,115 | | 2,305 |
| Detroit MI City School District GO | 5.000% | 5/1/25 | | 8,750 | | 9,532 |
| Detroit MI City School District GO | 5.000% | 5/1/26 | | 8,155 | | 8,859 |
4 | Detroit MI City School District GO VRDO | 1.320% | 11/7/19 | (18) | 4,000 | | 4,000 |
| Detroit MI Downtown Development Authority Tax Allocation Revenue | 5.000% | 7/1/21 | (4) | 395 | | 417 |
| Detroit MI Downtown Development Authority Tax Allocation Revenue | 5.000% | 7/1/23 | (4) | 450 | | 504 |
| Detroit MI Downtown Development Authority Tax Allocation Revenue | 5.000% | 7/1/24 | (4) | 2,000 | | 2,298 |
| Detroit MI Downtown Development Authority Tax Allocation Revenue | 5.000% | 7/1/25 | (4) | 1,200 | | 1,375 |
| Detroit MI Downtown Development Authority Tax Allocation Revenue | 5.000% | 7/1/25 | (4) | 525 | | 601 |
| Detroit MI Downtown Development Authority Tax Allocation Revenue | 5.000% | 7/1/26 | (4) | 1,000 | | 1,143 |
| Detroit MI GO | 5.000% | 4/1/20 | | 500 | | 505 |
| Detroit MI GO | 5.000% | 4/1/21 | | 500 | | 518 |
| Detroit MI Water Supply System Revenue | 5.000% | 7/1/20 | | 1,755 | | 1,797 |
| Detroit MI Water Supply System Revenue | 5.250% | 7/1/27 | | 5,000 | | 5,309 |
| Downriver MI Utility Wastewater Authority Revenue | 5.000% | 4/1/24 | (4) | 675 | | 771 |
| Downriver MI Utility Wastewater Authority Revenue | 5.000% | 4/1/25 | (4) | 700 | | 819 |
| East Lansing MI School District GO | 5.000% | 5/1/20 | | 600 | | 611 |
| East Lansing MI School District GO | 5.000% | 5/1/22 | | 2,110 | | 2,303 |
| East Lansing MI School District GO | 4.000% | 5/1/23 | | 390 | | 426 |
| East Lansing MI School District GO | 4.000% | 5/1/24 | | 900 | | 1,006 |
| East Lansing MI School District GO | 4.000% | 5/1/26 | | 530 | | 615 |
| Eastern Michigan University Revenue | 5.000% | 3/1/24 | (15) | 1,835 | | 2,110 |
| Eastern Michigan University Revenue | 5.000% | 3/1/25 | (15) | 1,610 | | 1,898 |
| Forest Hills MI Public Schools GO | 5.000% | 5/1/22 | | 4,645 | | 5,084 |
| Forest Hills MI Public Schools GO | 5.000% | 5/1/23 | | 4,405 | | 4,974 |
| Fremont MI Public School District GO | 5.000% | 5/1/23 | | 430 | | 484 |
| Fremont MI Public School District GO | 5.000% | 5/1/24 | | 470 | | 545 |
| Fremont MI Public School District GO | 5.000% | 5/1/25 | | 730 | | 870 |
| Grand Rapids MI Public Schools GO | 5.000% | 5/1/24 | (4) | 1,700 | | 1,970 |
| Great Lakes MI Water Authority Sewer Disposal System Revenue | 5.000% | 7/1/24 | | 1,000 | | 1,163 |
| Great Lakes MI Water Authority Sewer Disposal System Revenue | 5.000% | 7/1/25 | | 1,665 | | 1,989 |
| Great Lakes MI Water Authority Sewer Disposal System Revenue | 5.000% | 7/1/25 | | 2,475 | | 2,957 |
4 | Great Lakes MI Water Authority Sewer Disposal System Revenue TOB VRDO | 1.290% | 11/7/19 | (4) | 6,235 | | 6,235 |
| Great Lakes MI Water Authority Water Supply System Revenue | 5.000% | 7/1/22 | | 1,890 | | 2,074 |
| Great Lakes MI Water Authority Water Supply System Revenue | 5.000% | 7/1/23 | | 4,820 | | 5,456 |
| Great Lakes MI Water Authority Water Supply System Revenue | 5.000% | 7/1/23 | | 4,365 | | 4,928 |
| Great Lakes MI Water Authority Water Supply System Revenue | 5.000% | 7/1/24 | | 3,000 | | 3,481 |
100
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Great Lakes MI Water Authority Water Supply System Revenue | 5.000% | 7/1/25 | | 3,500 | | 4,165 |
| Holt MI Public Schools GO | 5.000% | 5/1/22 | | 275 | | 300 |
| Holt MI Public Schools GO | 5.000% | 5/1/23 | | 460 | | 518 |
| Holt MI Public Schools GO | 5.000% | 5/1/24 | | 425 | | 493 |
| Holt MI Public Schools GO | 5.000% | 5/1/25 | | 710 | | 845 |
| Holt MI Public Schools GO | 5.000% | 5/1/26 | | 900 | | 1,094 |
| Hudsonville MI Public Schools GO | 5.000% | 5/1/22 | | 260 | | 284 |
| Hudsonville MI Public Schools GO | 5.000% | 5/1/23 | | 300 | | 338 |
| Hudsonville MI Public Schools GO | 5.000% | 5/1/25 | | 340 | | 403 |
| Kalamazoo MI Hospital Financing Authority Hospital Revenue (Bronson Healthcare Group) | 5.000% | 5/15/21 | | 500 | | 526 |
| Kalamazoo MI Hospital Financing Authority Hospital Revenue (Bronson Healthcare Group) | 5.000% | 5/15/22 | | 565 | | 616 |
| Kalamazoo MI Hospital Financing Authority Hospital Revenue (Bronson Healthcare Group) | 5.000% | 5/15/23 | | 500 | | 560 |
| Kalamazoo MI Hospital Financing Authority Hospital Revenue (Bronson Healthcare Group) | 5.000% | 5/15/24 | | 550 | | 633 |
| Karegnondi Water Authority Michigan Water Supply System Revenue (Karegnondi Water Pipeline) | 5.000% | 11/1/22 | | 700 | | 772 |
| Karegnondi Water Authority Michigan Water Supply System Revenue (Karegnondi Water Pipeline) | 5.000% | 11/1/23 | | 250 | | 284 |
| Karegnondi Water Authority Michigan Water Supply System Revenue (Karegnondi Water Pipeline) | 5.000% | 11/1/24 | | 500 | | 580 |
| Kentwood MI Economic Development Corp. Revenue (Holland Home Obligated Group) | 4.000% | 11/15/24 | | 3,120 | | 3,281 |
| L’Anse Creuse MI Public Schools GO | 5.000% | 5/1/20 | | 1,670 | | 1,700 |
| L’Anse Creuse MI Public Schools GO | 5.000% | 5/1/21 | | 250 | | 264 |
| Lake Orion MI Community School District GO | 5.000% | 5/1/24 | | 525 | | 610 |
| Lake Orion MI Community School District GO | 5.000% | 5/1/25 | | 1,405 | | 1,676 |
| Lake Orion MI Community School District GO | 5.000% | 5/1/26 | | 1,000 | | 1,223 |
| Lansing MI Board of Water & Light Utility System Revenue | 5.000% | 7/1/22 | | 340 | | 374 |
| Lansing MI Board of Water & Light Utility System Revenue | 5.000% | 7/1/23 | | 340 | | 386 |
| Lansing MI Board of Water & Light Utility System Revenue | 5.000% | 7/1/24 | | 375 | | 438 |
| Lansing MI Board of Water & Light Utility System Revenue | 5.000% | 7/1/25 | | 375 | | 450 |
| Lansing MI School District GO | 4.000% | 5/1/20 | | 365 | | 370 |
| Lansing MI School District GO | 4.000% | 5/1/21 | | 375 | | 390 |
| Lansing MI School District GO | 4.000% | 5/1/22 | | 340 | | 363 |
| Lansing MI School District GO | 5.000% | 5/1/23 | | 435 | | 491 |
| Lansing MI School District GO | 5.000% | 5/1/24 | | 350 | | 406 |
| Lansing MI School District GO | 5.000% | 5/1/25 | | 435 | | 519 |
| Lansing MI School District GO | 5.000% | 5/1/26 | | 425 | | 519 |
| Lincoln MI Consolidated School District GO | 5.000% | 5/1/21 | (4) | 1,000 | | 1,055 |
| Lincoln MI Consolidated School District GO | 5.000% | 5/1/23 | (4) | 1,705 | | 1,922 |
| Livonia MI Public Schools School District GO | 5.000% | 5/1/20 | (15) | 3,365 | | 3,426 |
| Livonia MI Public Schools School District GO | 5.000% | 5/1/21 | (15) | 2,000 | | 2,110 |
| Macomb MI Interceptor Drain Drainage District Special Assessment Revenue | 5.000% | 5/1/24 | | 1,510 | | 1,758 |
| Macomb MI Interceptor Drain Drainage District Special Assessment Revenue | 5.000% | 5/1/25 | | 1,065 | | 1,276 |
| Macomb MI Interceptor Drain Drainage District Special Assessment Revenue | 5.000% | 5/1/26 | | 1,320 | | 1,621 |
| Marquette MI Board of Light & Power Electric Utility System Revenue | 5.000% | 7/1/21 | | 710 | | 753 |
| Marquette MI Board of Light & Power Electric Utility System Revenue | 5.000% | 7/1/22 | | 2,335 | | 2,550 |
| Marquette MI Board of Light & Power Electric Utility System Revenue | 5.000% | 7/1/23 | | 1,300 | | 1,461 |
| Marquette MI Board of Light & Power Electric Utility System Revenue | 5.000% | 7/1/24 | | 530 | | 611 |
| Michigan Building Authority Revenue | 5.000% | 4/15/20 | | 7,035 | | 7,156 |
| Michigan Building Authority Revenue | 5.000% | 10/15/20 | | 2,250 | | 2,332 |
| Michigan Building Authority Revenue | 5.000% | 4/15/22 | | 4,410 | | 4,816 |
| Michigan Building Authority Revenue | 5.000% | 4/15/23 | | 1,545 | | 1,743 |
| Michigan Building Authority Revenue | 5.000% | 10/15/23 | | 685 | | 785 |
| Michigan Building Authority Revenue | 5.000% | 4/15/24 | | 1,285 | | 1,495 |
| Michigan Building Authority Revenue | 5.000% | 4/15/25 | | 2,000 | | 2,393 |
| Michigan Building Authority Revenue | 5.000% | 4/15/26 | | 4,000 | | 4,902 |
| Michigan Finance Authority Revenue | 5.000% | 4/1/20 | | 5,400 | | 5,478 |
| Michigan Finance Authority Revenue | 5.000% | 4/1/21 | | 8,370 | | 8,783 |
| Michigan Finance Authority Revenue | 5.000% | 4/15/21 | | 6,280 | | 6,624 |
| Michigan Finance Authority Revenue | 5.000% | 10/1/21 | | 1,275 | | 1,316 |
| Michigan Finance Authority Revenue | 5.000% | 4/1/22 | | 12,685 | | 13,723 |
| Michigan Finance Authority Revenue | 5.000% | 10/1/22 | | 525 | | 561 |
| Michigan Finance Authority Revenue | 5.000% | 11/1/22 | | 675 | | 749 |
| Michigan Finance Authority Revenue | 5.000% | 4/1/23 | | 9,000 | | 10,030 |
| Michigan Finance Authority Revenue | 5.000% | 10/1/23 | | 1,290 | | 1,420 |
| Michigan Finance Authority Revenue | 5.000% | 11/1/23 | | 695 | | 792 |
| Michigan Finance Authority Revenue | 5.000% | 11/1/24 | | 820 | | 962 |
| Michigan Finance Authority Revenue | 5.000% | 11/1/25 | | 1,020 | | 1,225 |
| Michigan Finance Authority Revenue | 5.000% | 11/15/26 | | 2,875 | | 3,396 |
| Michigan Finance Authority Revenue | 5.000% | 12/1/39 | | 1,020 | | 1,089 |
| Michigan Finance Authority Revenue (Ascension Health Credit Group) PUT | 4.000% | 8/15/24 | | 17,200 | | 19,235 |
| Michigan Finance Authority Revenue (Beaumont Health Obligated Group) | 4.000% | 8/1/20 | | 1,250 | | 1,275 |
| Michigan Finance Authority Revenue (Beaumont Health Obligated Group) | 5.000% | 8/1/21 | | 3,580 | | 3,812 |
| Michigan Finance Authority Revenue (Beaumont Health Obligated Group) | 5.000% | 8/1/22 | | 2,500 | | 2,750 |
| Michigan Finance Authority Revenue (Beaumont Health Obligated Group) | 5.000% | 8/1/28 | | 4,265 | | 4,926 |
101
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
4 | Michigan Finance Authority Revenue (Beaumont Health Obligated Group) TOB VRDO | 1.320% | 11/7/19 | | 6,060 | | 6,060 |
5 | Michigan Finance Authority Revenue (Bronson Healthcare Group) | 4.000% | 5/15/22 | | 590 | | 623 |
5 | Michigan Finance Authority Revenue (Bronson Healthcare Group) | 4.000% | 5/15/24 | | 1,260 | | 1,381 |
5 | Michigan Finance Authority Revenue (Bronson Healthcare Group) | 4.000% | 5/15/25 | | 1,365 | | 1,518 |
5 | Michigan Finance Authority Revenue (Bronson Healthcare Group) | 4.000% | 5/15/26 | | 1,870 | | 2,107 |
| Michigan Finance Authority Revenue (Bronson Healthcare Group) PUT | 3.500% | 11/15/22 | | 3,500 | | 3,703 |
| Michigan Finance Authority Revenue (Bronson Healthcare Group) PUT | 3.750% | 5/15/26 | | 17,715 | | 19,819 |
| Michigan Finance Authority Revenue (Detroit School District) | 5.000% | 5/1/25 | | 1,315 | | 1,557 |
| Michigan Finance Authority Revenue (Detroit Water & Sewer) | 5.000% | 7/1/20 | (14) | 8,020 | | 8,217 |
| Michigan Finance Authority Revenue (Detroit Water & Sewer) | 5.000% | 7/1/20 | (4) | 8,500 | | 8,709 |
| Michigan Finance Authority Revenue (Detroit Water & Sewer) | 5.000% | 7/1/20 | (14) | 2,310 | | 2,366 |
| Michigan Finance Authority Revenue (Detroit Water & Sewer) | 5.000% | 7/1/20 | (14) | 3,000 | | 3,072 |
| Michigan Finance Authority Revenue (Detroit Water & Sewer) | 5.000% | 7/1/21 | (4) | 16,260 | | 17,249 |
| Michigan Finance Authority Revenue (Detroit Water & Sewer) | 5.000% | 7/1/21 | (4) | 10,000 | | 10,608 |
| Michigan Finance Authority Revenue (Detroit Water & Sewer) | 5.000% | 7/1/21 | (14) | 3,000 | | 3,177 |
| Michigan Finance Authority Revenue (Detroit Water & Sewer) | 5.000% | 7/1/21 | | 1,000 | | 1,061 |
| Michigan Finance Authority Revenue (Detroit Water & Sewer) | 5.000% | 7/1/22 | | 1,500 | | 1,644 |
| Michigan Finance Authority Revenue (Detroit Water & Sewer) | 5.000% | 7/1/22 | (14) | 2,000 | | 2,181 |
| Michigan Finance Authority Revenue (Henry Ford Health System Obligated Group) | 5.000% | 11/15/21 | | 1,875 | | 2,011 |
| Michigan Finance Authority Revenue (Henry Ford Health System Obligated Group) | 5.000% | 11/15/22 | | 2,170 | | 2,401 |
| Michigan Finance Authority Revenue (Henry Ford Health System Obligated Group) | 5.000% | 11/15/23 | | 3,205 | | 3,654 |
| Michigan Finance Authority Revenue (McLaren Health Care Corp.) | 5.000% | 5/15/20 | | 600 | | 612 |
| Michigan Finance Authority Revenue (McLaren Health Care Corp.) | 5.000% | 5/15/21 | | 600 | | 634 |
| Michigan Finance Authority Revenue (McLaren Health Care Corp.) | 5.000% | 5/15/22 | | 800 | | 873 |
| Michigan Finance Authority Revenue (McLaren Health Care Corp.) | 5.000% | 2/15/25 | | 510 | | 602 |
| Michigan Finance Authority Revenue (McLaren Health Care Corp.) | 5.000% | 2/15/26 | | 600 | | 726 |
1 | Michigan Finance Authority Revenue (McLaren Health Care Corp.) PUT, 68% of 1M USD LIBOR + 0.400% | 1.614% | 10/15/21 | | 14,895 | | 14,931 |
4 | Michigan Finance Authority Revenue (McLaren Health Care Corp.) TOB VRDO | 1.220% | 11/7/19 | | 5,800 | | 5,800 |
| Michigan Finance Authority Revenue (MidMichigan Obligated Group) | 4.000% | 6/1/20 | | 600 | | 609 |
| Michigan Finance Authority Revenue (MidMichigan Obligated Group) | 5.000% | 6/1/21 | | 1,105 | | 1,167 |
| Michigan Finance Authority Revenue (MidMichigan Obligated Group) | 5.000% | 6/1/22 | | 1,000 | | 1,092 |
| Michigan Finance Authority Revenue (Sparrow Obligated Group) | 4.000% | 11/15/19 | | 600 | | 600 |
| Michigan Finance Authority Revenue (Sparrow Obligated Group) | 4.000% | 11/15/19 | | 1,000 | | 1,001 |
| Michigan Finance Authority Revenue (Sparrow Obligated Group) | 4.000% | 11/15/20 | | 2,500 | | 2,568 |
| Michigan Finance Authority Revenue (Sparrow Obligated Group) | 5.000% | 11/15/21 | | 1,600 | | 1,718 |
| Michigan Finance Authority Revenue (Sparrow Obligated Group) | 5.000% | 11/15/22 | | 2,920 | | 3,237 |
| Michigan Finance Authority Revenue (Trinity Health Credit Group) | 5.000% | 12/1/20 | | 9,305 | | 9,678 |
| Michigan Finance Authority Revenue (Trinity Health Credit Group) | 5.000% | 12/1/21 | | 5,000 | | 5,379 |
| Michigan Finance Authority Revenue (Trinity Health Credit Group) | 5.000% | 12/1/21 | | 1,850 | | 1,990 |
| Michigan Finance Authority Revenue (Trinity Health Credit Group) | 5.000% | 12/1/22 | | 5,780 | | 6,422 |
| Michigan Finance Authority Revenue (Trinity Health Credit Group) | 5.000% | 12/1/23 | | 6,120 | | 7,010 |
| Michigan Finance Authority Revenue (Trinity Health Credit Group) | 5.000% | 12/1/23 | | 2,115 | | 2,423 |
| Michigan Finance Authority Revenue (Trinity Health Credit Group) | 5.000% | 12/1/24 | | 2,110 | | 2,487 |
| Michigan Finance Authority Revenue (Trinity Health Credit Group) | 5.000% | 12/1/25 | | 4,250 | | 5,143 |
| Michigan Finance Authority Revenue (Trinity Health Credit Group) PUT | 1.220% | 12/2/19 | | 7,500 | | 7,498 |
| Michigan Finance Authority Revenue (Trinity Health Credit Group) PUT | 5.000% | 2/1/25 | | 18,000 | | 21,131 |
| Michigan GAN | 5.000% | 3/15/20 | | 6,040 | | 6,123 |
| Michigan GAN | 5.000% | 3/15/21 | | 4,045 | | 4,253 |
| Michigan GAN | 5.000% | 3/15/23 | | 2,175 | | 2,445 |
| Michigan GAN | 5.000% | 3/15/25 | | 22,170 | | 26,372 |
| Michigan GAN | 5.000% | 3/15/26 | | 5,875 | | 7,162 |
| Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) | 5.000% | 11/15/19 | | 1,510 | | 1,512 |
| Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) | 5.000% | 11/15/23 | | 7,330 | | 7,339 |
5 | Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) | 5.000% | 11/1/25 | | 4,315 | | 5,206 |
5 | Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) | 5.000% | 11/1/26 | | 4,000 | | 4,930 |
5 | Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) | 5.000% | 11/1/27 | | 3,375 | | 4,237 |
| Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) PUT | 1.950% | 4/1/20 | | 6,250 | | 6,267 |
| Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) PUT | 1.375% | 5/1/20 | | 1,210 | | 1,211 |
| Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) PUT | 1.500% | 5/1/20 | | 2,085 | | 2,087 |
| Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) PUT | 1.900% | 4/1/21 | | 11,435 | | 11,546 |
| Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) PUT | 2.400% | 3/15/23 | | 16,610 | | 17,121 |
| Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) PUT | 4.000% | 6/1/23 | | 11,500 | | 12,547 |
| Michigan Hospital Finance Authority Revenue (Ascension Health Credit Group) PUT | 4.000% | 7/1/24 | | 7,500 | | 8,367 |
| Michigan Hospital Finance Authority Revenue (Trinity Health Credit Group) | 5.000% | 12/1/21 | | 1,000 | | 1,076 |
| Michigan Hospital Finance Authority Revenue (Trinity Health Credit Group) | 5.000% | 12/1/22 | | 1,000 | | 1,111 |
| Michigan Hospital Finance Authority Revenue (Trinity Health Credit Group) | 5.000% | 12/1/23 | | 2,270 | | 2,600 |
| Michigan Hospital Finance Authority Revenue (Trinity Health Credit Group) | 5.000% | 12/1/24 | | 1,775 | | 2,092 |
| Michigan Hospital Finance Authority Revenue (Trinity Health Credit Group) | 5.000% | 12/1/25 | | 1,540 | | 1,864 |
| Michigan Housing Development Authority Revenue | 1.500% | 10/1/22 | | 1,150 | | 1,150 |
| Michigan Housing Development Authority Single Family Mortgage Revenue | 4.000% | 6/1/46 | | 7,990 | | 8,455 |
102
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Michigan Housing Development Authority Single Family Mortgage Revenue | 3.500% | 6/1/48 | | 10,485 | | 11,084 |
| Michigan Housing Development Authority Single Family Mortgage Revenue | 4.250% | 12/1/49 | | 20,000 | | 22,070 |
| Michigan State University Revenue | 5.000% | 2/15/21 | | 2,000 | | 2,097 |
| Michigan State University Revenue | 4.000% | 2/15/24 | | 800 | | 889 |
| Michigan State University Revenue | 5.000% | 2/15/25 | | 1,000 | | 1,185 |
| Michigan State University Revenue | 5.000% | 2/15/26 | | 3,000 | | 3,648 |
| Michigan Strategic Fund Limited Obligation Revenue (Cadillac Place Project) | 5.250% | 10/15/22 | | 1,460 | | 1,572 |
| Michigan Strategic Fund Limited Obligation Revenue (Detroit Edison Co. Project) PUT | 1.450% | 9/1/21 | | 14,990 | | 14,952 |
| Michigan Strategic Fund Limited Obligation Revenue (Detroit Edison Co. Project) PUT | 1.450% | 9/1/21 | | 2,000 | | 1,995 |
| Michigan Strategic Fund Limited Obligation Revenue (Facility for Rare Isotope Beams Project at Michigan State University) | 5.000% | 3/1/20 | | 800 | | 810 |
| Michigan Strategic Fund Limited Obligation Revenue (Facility for Rare Isotope Beams Project at Michigan State University) | 5.000% | 3/1/21 | | 615 | | 645 |
| Michigan Trunk Line Revenue | 5.000% | 11/15/22 | | 1,435 | | 1,599 |
| Milan MI Area Schools GO | 5.000% | 5/1/22 | | 500 | | 545 |
| Milan MI Area Schools GO | 5.000% | 5/1/23 | | 585 | | 657 |
| Milan MI Area Schools GO | 5.000% | 5/1/25 | | 1,575 | | 1,865 |
| Milan MI Area Schools GO | 5.000% | 5/1/26 | | 2,010 | | 2,437 |
| Northern Michigan University Revenue | 5.000% | 12/1/23 | | 645 | | 738 |
| Northern Michigan University Revenue | 5.000% | 12/1/24 | | 775 | | 910 |
| Northern Michigan University Revenue | 5.000% | 12/1/25 | | 1,340 | | 1,610 |
| Northville MI Public Schools GO | 4.000% | 5/1/22 | | 240 | | 257 |
| Northville MI Public Schools GO | 4.000% | 5/1/23 | | 350 | | 383 |
| Northville MI Public Schools GO | 5.000% | 5/1/24 | | 300 | | 349 |
| Northville MI Public Schools GO | 5.000% | 5/1/25 | | 350 | | 418 |
| Northville MI Public Schools GO | 5.000% | 5/1/26 | | 400 | | 488 |
| Oakland University Michigan Revenue | 5.000% | 3/1/20 | | 1,780 | | 1,802 |
| Oakland University Michigan Revenue | 5.000% | 3/1/21 | | 1,000 | | 1,049 |
| Oakland University Michigan Revenue | 5.000% | 3/1/22 | | 1,285 | | 1,396 |
| Oakland University Michigan Revenue | 5.000% | 3/1/23 | | 495 | | 555 |
| Portage MI Public Schools GO | 5.000% | 11/1/20 | | 750 | | 778 |
| Portage MI Public Schools GO | 5.000% | 5/1/22 | | 1,790 | | 1,951 |
| Portage MI Public Schools GO | 5.000% | 11/1/22 | | 1,470 | | 1,628 |
| Rochester MI Community School District GO | 5.000% | 5/1/21 | | 4,100 | | 4,332 |
| Rochester MI Community School District GO | 5.000% | 5/1/22 | | 1,650 | | 1,799 |
| Rochester MI Community School District GO | 5.000% | 5/1/23 | | 1,225 | | 1,378 |
| Romeo MI Community School District GO | 5.000% | 5/1/23 | | 1,000 | | 1,125 |
| Royal Oak MI City School District GO | 5.000% | 5/1/20 | | 1,250 | | 1,273 |
| Royal Oak MI City School District GO | 5.000% | 5/1/21 | | 715 | | 756 |
| Royal Oak MI Hospital Finance Authority Hospital Revenue (William Beaumont Hospital) | 5.000% | 9/1/20 | | 1,580 | | 1,629 |
| Saline MI Area Schools GO | 2.000% | 5/1/21 | | 1,100 | | 1,112 |
| Saline MI Area Schools GO | 5.000% | 5/1/23 | | 725 | | 818 |
| Saline MI Area Schools GO | 5.000% | 5/1/24 | | 1,000 | | 1,162 |
| Saline MI Area Schools GO | 5.000% | 5/1/25 | | 850 | | 1,014 |
| University of Michigan Revenue | 5.000% | 4/1/21 | | 1,065 | | 1,123 |
1 | University of Michigan Revenue PUT, SIFMA Municipal Swap Index Yield + 0.270% | 1.850% | 4/1/22 | | 10,410 | | 10,395 |
| Walled Lake MI Consolidate School District GO | 5.000% | 5/1/22 | | 3,135 | | 3,423 |
| Warren MI Consolidated School District GO | 5.000% | 5/1/23 | (15) | 2,895 | | 3,251 |
5 | Washtenaw County MI Intermediate School District GO | 5.000% | 5/1/26 | | 3,350 | | 4,077 |
5 | Washtenaw County MI Intermediate School District GO | 5.000% | 5/1/27 | | 4,360 | | 5,404 |
| Wayne County MI Airport Authority Revenue | 5.000% | 12/1/20 | | 360 | | 375 |
| Wayne County MI Airport Authority Revenue | 5.000% | 12/1/20 | | 3,490 | | 3,632 |
| Wayne County MI Airport Authority Revenue | 5.000% | 12/1/21 | | 700 | | 753 |
| Wayne County MI Airport Authority Revenue | 5.000% | 12/1/21 | | 4,900 | | 5,273 |
| Wayne County MI Airport Authority Revenue | 5.000% | 12/1/22 | | 500 | | 556 |
| Wayne County MI Airport Authority Revenue | 5.000% | 12/1/22 | | 2,235 | | 2,483 |
| Wayne County MI Airport Authority Revenue | 5.000% | 12/1/23 | | 2,345 | | 2,616 |
| Wayne County MI Airport Authority Revenue | 5.000% | 12/1/23 | | 845 | | 967 |
| Wayne County MI Airport Authority Revenue | 5.000% | 12/1/23 | | 2,665 | | 3,049 |
| Wayne County MI Airport Authority Revenue | 5.000% | 12/1/24 | | 500 | | 588 |
| Wayne County MI Airport Authority Revenue | 5.000% | 12/1/24 | | 2,550 | | 2,998 |
| Wayne County MI Airport Authority Revenue | 5.000% | 12/1/25 | | 3,000 | | 3,336 |
| Wayne County MI Airport Authority Revenue (Detroit Metropolitan Wayne County Airport) | 5.000% | 12/1/24 | | 1,055 | | 1,240 |
| Wayne County MI Airport Authority Revenue (Detroit Metropolitan Wayne County Airport) | 5.000% | 12/1/25 | | 750 | | 904 |
| Wayne State University Michigan Revenue | 5.000% | 11/15/26 | | 1,505 | | 1,842 |
4 | Wayne State University Michigan Revenue TOB VRDO | 1.170% | 11/7/19 | | 5,685 | | 5,685 |
| Wayne Westland MI Community Schools GO | 4.000% | 11/1/21 | | 785 | | 826 |
| Wayne Westland MI Community Schools GO | 5.000% | 11/1/22 | | 290 | | 321 |
| Western Michigan University Revenue | 5.000% | 11/15/21 | | 1,055 | | 1,135 |
| Woodhaven-Brownstone MI School District GO | 5.000% | 5/1/21 | | 1,710 | | 1,804 |
103
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Woodhaven-Brownstone MI School District GO | 5.000% | 5/1/22 | | 1,730 | | 1,889 |
| Woodhaven-Brownstone MI School District GO | 5.000% | 5/1/23 | | 1,615 | | 1,818 |
| | | | | | | 787,701 |
Minnesota (1.1%) | | | | | | |
| Duluth MN Independent School District No. 709 COP | 5.000% | 2/1/24 | | 400 | | 456 |
| Duluth MN Independent School District No. 709 COP | 5.000% | 2/1/25 | | 375 | | 439 |
| Duluth MN Independent School District No. 709 COP | 5.000% | 2/1/26 | | 400 | | 479 |
| Hennepin County MN Regional Railroad Authority GO | 5.000% | 12/1/26 | | 2,580 | | 3,217 |
| Hennepin County MN Sales Tax Revenue (Ballpark Project) | 5.000% | 12/15/25 | | 1,365 | | 1,664 |
| Maple Grove MN Health Care Facilities Revenue (Maple Grove Hospital Corp.) | 4.000% | 5/1/21 | | 550 | | 571 |
| Maple Grove MN Health Care Facilities Revenue (Maple Grove Hospital Corp.) | 5.000% | 5/1/23 | | 1,110 | | 1,240 |
| Maple Grove MN Health Care Facilities Revenue (Maple Grove Hospital Corp.) | 5.000% | 5/1/24 | | 1,245 | | 1,431 |
| Metropolitan Council (Minneapolis-St. Paul Metropolitan Area) Minnesota GO | 5.000% | 3/1/24 | | 6,200 | | 7,196 |
| Metropolitan Council (Minneapolis-St. Paul Metropolitan Area) Minnesota GO | 5.000% | 3/1/24 | | 2,250 | | 2,612 |
| Metropolitan Council (Minneapolis-St. Paul Metropolitan Area) Minnesota GO | 5.000% | 3/1/25 | | 6,200 | | 7,403 |
| Metropolitan Council (Minneapolis-St. Paul Metropolitan Area) Minnesota GO | 5.000% | 3/1/25 | | 2,250 | | 2,686 |
| Minneapolis & St. Paul MN Housing & Redevelopment Authority Health Care System Revenue (Allina Health System) | 5.000% | 11/15/20 | | 675 | | 701 |
| Minneapolis & St. Paul MN Housing & Redevelopment Authority Health Care System Revenue (Allina Health System) | 5.000% | 11/15/21 | | 600 | | 645 |
| Minneapolis & St. Paul MN Housing & Redevelopment Authority Health Care System Revenue (Allina Health System) | 5.000% | 11/15/22 | | 660 | | 733 |
| Minneapolis & St. Paul MN Housing & Redevelopment Authority Health Care System Revenue (Allina Health System) | 5.000% | 11/15/23 | | 850 | | 974 |
| Minneapolis & St. Paul MN Housing & Redevelopment Authority Health Care System Revenue (Allina Health System) | 5.000% | 11/15/23 | | 1,530 | | 1,754 |
| Minneapolis & St. Paul MN Housing & Redevelopment Authority Health Care System Revenue (Allina Health System) | 5.000% | 11/15/24 | | 1,050 | | 1,239 |
| Minneapolis & St. Paul MN Housing & Redevelopment Authority Health Care System Revenue (Allina Health System) | 5.000% | 11/15/25 | | 3,320 | | 4,005 |
| Minneapolis & St. Paul MN Housing & Redevelopment Authority Health Care System Revenue (Allina Health System) | 5.000% | 11/15/26 | | 1,900 | | 2,340 |
| Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue | 4.000% | 1/1/21 | | 125 | | 129 |
| Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue | 5.000% | 1/1/21 | | 350 | | 365 |
| Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue | 5.000% | 1/1/21 | | 2,820 | | 2,944 |
| Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue | 5.000% | 1/1/22 | | 1,090 | | 1,178 |
| Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue | 5.000% | 1/1/22 | | 250 | | 271 |
| Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue | 5.000% | 1/1/23 | | 5,410 | | 6,039 |
| Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue | 5.000% | 1/1/23 | | 305 | | 341 |
| Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue | 5.000% | 1/1/24 | | 1,000 | | 1,150 |
| Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue | 5.000% | 1/1/24 | | 7,435 | | 8,547 |
| Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue | 5.000% | 1/1/24 | | 225 | | 259 |
| Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue | 5.000% | 1/1/25 | | 1,000 | | 1,181 |
| Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue | 5.000% | 1/1/26 | | 1,245 | | 1,508 |
| Minneapolis & St. Paul MN Metropolitan Airports Commission Revenue | 5.000% | 1/1/27 | | 1,235 | | 1,528 |
| Minneapolis & St. Paul MN Metropolitan Council Wastewater GO | 5.000% | 9/1/25 | | 6,370 | | 7,042 |
| Minneapolis MN GO | 5.000% | 12/1/19 | | 1,000 | | 1,003 |
| Minneapolis MN GO | 5.000% | 12/1/20 | | 4,065 | | 4,233 |
| Minneapolis MN GO | 5.000% | 12/1/21 | | 2,485 | | 2,683 |
| Minneapolis MN Health Care System Revenue (Fairview Health Services) | 5.000% | 11/15/21 | | 550 | | 590 |
| Minneapolis MN Health Care System Revenue (Fairview Health Services) | 5.000% | 11/15/22 | | 200 | | 221 |
| Minneapolis MN Improvement and Various Purpose GO | 4.000% | 12/1/21 | | 1,420 | | 1,504 |
| Minneapolis MN Improvement and Various Purpose GO | 4.000% | 12/1/22 | | 1,150 | | 1,250 |
| Minneapolis MN Improvement and Various Purpose GO | 4.000% | 12/1/24 | | 1,640 | | 1,867 |
| Minneapolis MN Special School District No. 1 COP | 5.000% | 2/1/21 | | 7,225 | | 7,561 |
| Minneapolis MN Special School District No. 1 GO | 5.000% | 2/1/24 | | 2,370 | | 2,744 |
| Minnesota General Fund Revenue | 5.000% | 3/1/28 | | 2,880 | | 3,123 |
| Minnesota GO | 5.000% | 11/1/19 | | 2,000 | | 2,000 |
| Minnesota GO | 5.000% | 8/1/20 | (Prere.) | 100 | | 103 |
| Minnesota GO | 5.000% | 8/1/21 | | 6,000 | | 6,401 |
| Minnesota GO | 5.000% | 8/1/21 | | 15,500 | | 16,537 |
| Minnesota GO | 5.000% | 8/1/23 | | 6,565 | | 6,752 |
| Minnesota GO | 5.000% | 8/1/23 | | 5,295 | | 6,043 |
| Minnesota GO | 5.000% | 8/1/23 | | 1,025 | | 1,170 |
| Minnesota GO | 5.000% | 10/1/23 | | 8,250 | | 8,850 |
| Minnesota GO | 5.000% | 8/1/24 | | 3,290 | | 3,870 |
| Minnesota GO | 5.000% | 8/1/24 | | 19,660 | | 23,123 |
| Minnesota GO | 5.000% | 8/1/24 | | 10,300 | | 12,114 |
| Minnesota GO | 5.000% | 8/1/24 | | 2,620 | | 3,082 |
| Minnesota GO | 4.000% | 10/1/24 | | 14,225 | | 15,750 |
| Minnesota GO | 5.000% | 8/1/25 | | 1,995 | | 2,412 |
104
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Minnesota GO | 5.000% | 8/1/25 | | 10,255 | | 12,400 |
| Minnesota GO | 5.000% | 8/1/25 | | 14,710 | | 17,786 |
| Minnesota GO | 5.000% | 8/1/26 | | 1,970 | | 2,441 |
| Minnesota GO | 5.000% | 8/1/26 | | 4,345 | | 5,099 |
| Minnesota GO | 5.000% | 8/1/26 | | 1,000 | | 1,239 |
| Minnesota Higher Education Facilities Authority Revenue (University of St. Thomas) | 4.000% | 4/1/20 | | 500 | | 506 |
| Minnesota Higher Education Facilities Authority Revenue (University of St. Thomas) | 4.000% | 4/1/21 | | 425 | | 441 |
| Minnesota Higher Education Facilities Authority Revenue (University of St. Thomas) | 4.000% | 4/1/22 | | 495 | | 527 |
| Minnesota Higher Education Facilities Authority Revenue (University of St. Thomas) | 4.000% | 10/1/24 | | 250 | | 280 |
| Minnesota Higher Education Facilities Authority Revenue (University of St. Thomas) | 5.000% | 10/1/25 | | 250 | | 299 |
| Minnesota Higher Education Facilities Authority Revenue (University of St. Thomas) | 5.000% | 10/1/26 | | 300 | | 366 |
| Minnesota Housing Finance Agency Residential Housing Revenue | 4.000% | 7/1/47 | | 5,215 | | 5,551 |
| Minnesota Housing Finance Agency Residential Housing Revenue | 4.000% | 1/1/48 | | 5,800 | | 6,238 |
| Minnesota Housing Finance Agency Residential Housing Revenue | 4.250% | 7/1/49 | | 10,790 | | 11,909 |
| Minnesota Municipal Power Agency Revenue | 5.000% | 1/1/21 | | 1,250 | | 1,305 |
| Northern Minnesota Municipal Power Agency Electric System Revenue | 5.000% | 1/1/21 | | 2,500 | | 2,608 |
| Northern Minnesota Municipal Power Agency Electric System Revenue | 5.000% | 1/1/22 | | 587 | | 633 |
| Northern Minnesota Municipal Power Agency Electric System Revenue | 5.000% | 1/1/23 | | 1,150 | | 1,281 |
| Northern Minnesota Municipal Power Agency Electric System Revenue | 5.000% | 1/1/24 | | 1,590 | | 1,822 |
| Shakopee MN Healthcare Facilities Revenue (St. Francis Regional Medical Center) | 5.000% | 9/1/20 | | 1,340 | | 1,378 |
| Shakopee MN Healthcare Facilities Revenue (St. Francis Regional Medical Center) | 5.000% | 9/1/21 | | 1,195 | | 1,269 |
| Shakopee MN Healthcare Facilities Revenue (St. Francis Regional Medical Center) | 5.000% | 9/1/22 | | 1,580 | | 1,729 |
| St. Cloud MN Health Care Revenue (CentraCare Health System) | 5.000% | 5/1/22 | | 2,975 | | 3,241 |
| St. Paul MN Housing & Redevelopment Authority Health Care Revenue (Fairview Health Services Obligated Group) | 3.000% | 11/15/19 | | 760 | | 760 |
| St. Paul MN Housing & Redevelopment Authority Health Care Revenue (Fairview Health Services Obligated Group) | 4.000% | 11/15/20 | | 470 | | 483 |
| St. Paul MN Housing & Redevelopment Authority Health Care Revenue (Fairview Health Services Obligated Group) | 5.000% | 11/15/21 | | 520 | | 558 |
| St. Paul MN Housing & Redevelopment Authority Health Care Revenue (Fairview Health Services Obligated Group) | 5.000% | 11/15/22 | | 365 | | 404 |
| St. Paul MN Housing & Redevelopment Authority Health Care Revenue (Fairview Health Services Obligated Group) | 5.000% | 11/15/23 | | 785 | | 894 |
| St. Paul MN Housing & Redevelopment Authority Health Care Revenue (Fairview Health Services Obligated Group) | 5.000% | 11/15/24 | | 800 | | 936 |
| St. Paul MN Housing & Redevelopment Authority Health Care Revenue (Fairview Health Services Obligated Group) | 5.000% | 11/15/25 | | 675 | | 810 |
| St. Paul MN Housing & Redevelopment Authority Health Care Revenue (Fairview Health Services Obligated Group) | 5.000% | 11/15/26 | | 1,785 | | 2,187 |
| University of Minnesota Revenue | 5.000% | 8/1/22 | | 1,610 | | 1,777 |
| University of Minnesota Revenue | 5.000% | 4/1/24 | | 1,145 | | 1,333 |
| University of Minnesota Revenue | 5.000% | 9/1/24 | | 1,740 | | 2,051 |
| University of Minnesota Revenue | 5.000% | 10/1/24 | | 1,880 | | 2,221 |
| University of Minnesota Revenue | 5.000% | 4/1/25 | | 1,210 | | 1,448 |
| University of Minnesota Revenue | 5.000% | 10/1/25 | | 2,085 | | 2,530 |
| University of Minnesota Revenue | 5.000% | 4/1/26 | | 1,355 | | 1,665 |
| University of Minnesota Revenue | 5.000% | 10/1/26 | | 3,250 | | 4,040 |
| | | | | | | 313,698 |
Mississippi (0.4%) | | | | | | |
| Gulfport MS Hospital Facilities Revenue (Memorial Hospital at Gulfport Project) | 5.000% | 7/1/21 | | 1,165 | | 1,226 |
| Gulfport MS Hospital Facilities Revenue (Memorial Hospital at Gulfport Project) | 5.000% | 7/1/22 | | 2,015 | | 2,180 |
| Gulfport MS Hospital Facilities Revenue (Memorial Hospital at Gulfport Project) | 5.000% | 7/1/23 | | 1,560 | | 1,729 |
| Harrison County MS School District GO | 4.000% | 6/1/24 | | 1,250 | | 1,396 |
| Harrison County MS School District GO | 4.000% | 6/1/25 | | 2,175 | | 2,471 |
| Jackson MS Public School District GO | 5.000% | 4/1/22 | | 1,610 | | 1,749 |
| Jackson MS Public School District GO | 5.000% | 4/1/26 | | 1,065 | | 1,284 |
| Mississippi Development Bank Special Obligation Revenue (Marshall County Industrial Development Highway Refunding Project) | 5.000% | 1/1/23 | | 2,040 | | 2,271 |
| Mississippi Development Bank Special Obligation Revenue (Marshall County Industrial Development Highway Refunding Project) | 5.000% | 1/1/24 | | 4,190 | | 4,799 |
| Mississippi Development Bank Special Obligation Revenue (Marshall County Industrial Development Highway Refunding Project) | 5.000% | 1/1/25 | | 5,850 | | 6,884 |
| Mississippi Gaming Tax Revenue | 5.000% | 10/15/21 | | 1,170 | | 1,255 |
| Mississippi Gaming Tax Revenue | 5.000% | 10/15/22 | | 1,610 | | 1,783 |
| Mississippi Gaming Tax Revenue | 5.000% | 10/15/23 | | 1,025 | | 1,168 |
| Mississippi Gaming Tax Revenue | 5.000% | 10/15/24 | | 1,070 | | 1,254 |
| Mississippi Gaming Tax Revenue | 5.000% | 10/15/25 | | 1,085 | | 1,303 |
| Mississippi Gaming Tax Revenue | 5.000% | 10/15/25 | | 1,500 | | 1,802 |
| Mississippi GO | 5.000% | 11/1/23 | | 18,500 | | 20,587 |
| Mississippi GO | 5.000% | 11/1/25 | | 5,000 | | 5,558 |
1 | Mississippi GO PUT, 67% of 1M USD LIBOR + 0.330% | 1.691% | 9/1/20 | | 9,095 | | 9,098 |
105
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Mississippi Home Corp. Revenue (Gateway Affordable Communities LP) PUT | 2.400% | 8/1/21 | (Prere.) | 2,500 | | 2,548 |
| Mississippi Hospital Equipment & Facilities Authority Revenue (Baptist Health System) | 5.000% | 9/1/24 | | 2,480 | | 2,820 |
1 | Mississippi Hospital Equipment & Facilities Authority Revenue (Baptist Health System) PUT, SIFMA Municipal Swap Index Yield + 1.300% | 2.420% | 8/15/20 | | 7,875 | | 7,889 |
| Mississippi Hospital Equipment & Facilities Authority Revenue (Baptist Memorial Health Care Obligated Group) | 5.000% | 9/1/21 | | 4,340 | | 4,591 |
| Mississippi Hospital Equipment & Facilities Authority Revenue (Baptist Memorial Health Care Obligated Group) | 5.000% | 9/1/23 | | 500 | | 556 |
| Mississippi Hospital Equipment & Facilities Authority Revenue (Baptist Memorial Health Care Obligated Group) PUT | 1.800% | 12/2/19 | | 1,550 | | 1,550 |
| Mississippi Hospital Equipment & Facilities Authority Revenue (Forrest General Hospital Inc.) | 5.000% | 1/1/22 | | 550 | | 591 |
| Mississippi Hospital Equipment & Facilities Authority Revenue (Forrest General Hospital Inc.) | 5.000% | 1/1/24 | | 430 | | 489 |
| Mississippi Hospital Equipment & Facilities Authority Revenue (Forrest General Hospital Inc.) | 5.000% | 1/1/26 | | 1,515 | | 1,800 |
| Mississippi State University Educational Building Corp. Revenue | 5.000% | 8/1/22 | | 220 | | 242 |
| Mississippi State University Educational Building Corp. Revenue | 5.000% | 8/1/23 | | 600 | | 680 |
| Mississippi State University Educational Building Corp. Revenue | 5.000% | 8/1/23 | | 750 | | 853 |
| Mississippi State University Educational Building Corp. Revenue | 5.000% | 8/1/24 | | 500 | | 585 |
| Warren County MS Gulf Opportunity Zone Revenue (International Paper Co. Projects) PUT | 2.900% | 9/1/23 | | 6,250 | | 6,518 |
| West Rankin MS Utility Authority Revenue | 5.000% | 1/1/23 | (4) | 275 | | 307 |
| West Rankin MS Utility Authority Revenue | 5.000% | 1/1/24 | (4) | 400 | | 459 |
| West Rankin MS Utility Authority Revenue | 5.000% | 1/1/25 | (4) | 525 | | 619 |
| | | | | | | 102,894 |
Missouri (0.5%) | | | | | | |
| Bi-State Development Agency of the Missouri-Illinois Metropolitan District Mass Transit Sales Tax Revenue | 5.000% | 10/1/21 | | 1,100 | | 1,180 |
| Boone County MO Hospital Revenue | 5.000% | 8/1/22 | | 1,370 | | 1,427 |
| Boone County MO Hospital Revenue | 5.000% | 8/1/23 | | 2,465 | | 2,597 |
| Branson MO Industrial Development Authority Tax Increase Revenue (Branson Shoppes Redevelopment) | 4.000% | 11/1/22 | | 350 | | 363 |
| Branson MO Industrial Development Authority Tax Increase Revenue (Branson Shoppes Redevelopment) | 4.000% | 11/1/23 | | 750 | | 784 |
| Branson MO Industrial Development Authority Tax Increase Revenue (Branson Shoppes Redevelopment) | 4.000% | 11/1/24 | | 2,345 | | 2,456 |
| Cape Girardeau County MO Industrial Development Authority of the Health Facilities Revenue (Southeast Health) | 5.000% | 3/1/22 | | 600 | | 641 |
| Cape Girardeau County MO Industrial Development Authority of the Health Facilities Revenue (Southeast Health) | 5.000% | 3/1/23 | | 1,675 | | 1,833 |
| Cape Girardeau County MO Industrial Development Authority of the Health Facilities Revenue (Southeast Health) | 5.000% | 3/1/24 | | 1,740 | | 1,948 |
| Cape Girardeau County MO Industrial Development Authority of the Health Facilities Revenue (Southeast Health) | 5.000% | 3/1/25 | | 1,450 | | 1,659 |
| Cape Girardeau County MO Industrial Development Authority of the Health Facilities Revenue (St. Francis Medical Center) | 5.000% | 6/1/20 | | 1,000 | | 1,022 |
| Cape Girardeau County MO Industrial Development Authority of the Health Facilities Revenue (St. Francis Medical Center) | 5.000% | 6/1/22 | | 785 | | 861 |
| Curators of the University of Missouri System Facilities Revenue | 5.000% | 11/1/19 | | 805 | | 805 |
| Curators of the University of Missouri System Facilities Revenue | 5.000% | 11/1/20 | | 2,020 | | 2,096 |
| Curators of the University of Missouri System Facilities Revenue | 5.000% | 11/1/26 | | 5,020 | | 5,913 |
| Franklin County MO COP | 3.000% | 4/1/21 | | 335 | | 343 |
| Franklin County MO COP | 3.000% | 11/1/21 | | 200 | | 207 |
| Franklin County MO COP | 3.000% | 4/1/22 | | 450 | | 468 |
| Franklin County MO COP | 3.000% | 11/1/22 | | 205 | | 215 |
| Franklin County MO COP | 3.000% | 4/1/23 | | 925 | | 973 |
| Franklin County MO COP | 3.000% | 11/1/23 | | 430 | | 456 |
| Franklin County MO COP | 3.000% | 4/1/24 | | 475 | | 506 |
| Franklin County MO COP | 3.000% | 11/1/24 | | 440 | | 472 |
| Franklin County MO COP | 4.000% | 4/1/25 | | 990 | | 1,117 |
| Franklin County MO COP | 4.000% | 11/1/25 | | 455 | | 519 |
| Franklin County MO COP | 4.000% | 4/1/26 | | 1,035 | | 1,184 |
| Franklin County MO COP | 4.000% | 11/1/26 | | 475 | | 549 |
| Jackson County MO Special Obligation Revenue (Truman Sports Complex Project) | 5.000% | 12/1/22 | | 2,150 | | 2,385 |
| Jackson County MO Special Obligation Revenue (Truman Sports Complex Project) | 5.000% | 12/1/25 | | 2,315 | | 2,707 |
| Joplin MO Industrial Development Authority Health Facilities Revenue (Freeman Health System) | 5.000% | 2/15/22 | | 1,500 | | 1,622 |
| Joplin MO Industrial Development Authority Health Facilities Revenue (Freeman Health System) | 5.000% | 2/15/23 | | 1,420 | | 1,584 |
| Kansas City MO Sanitary Sewer System Revenue | 4.000% | 1/1/21 | | 1,275 | | 1,317 |
| Kansas City MO Special Obligation Revenue | 5.000% | 10/1/21 | | 1,300 | | 1,393 |
| Kansas City MO Special Obligation Revenue | 5.000% | 10/1/21 | | 1,305 | | 1,398 |
| Kansas City MO Special Obligation Revenue | 5.000% | 10/1/22 | | 1,320 | | 1,457 |
| Kansas City MO Special Obligation Revenue | 5.000% | 10/1/22 | | 1,410 | | 1,557 |
| Kansas City MO Special Obligation Revenue (Downtown Arena Project) | 5.000% | 4/1/21 | | 3,000 | | 3,158 |
| Kansas City MO Special Obligation Revenue (Downtown Arena Project) | 5.000% | 4/1/22 | | 4,955 | | 5,385 |
106
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Kansas City MO Special Obligation Revenue (Downtown Arena Project) | 5.000% | 4/1/24 | | 1,000 | | 1,153 |
| Lee’s Summit MO Senior Living Facilities Revenue (John Knox Village) | 5.000% | 8/15/20 | | 1,075 | | 1,099 |
| Lee’s Summit MO Senior Living Facilities Revenue (John Knox Village) | 5.000% | 8/15/22 | | 1,725 | | 1,852 |
| Lees Summit MO TAN | 3.500% | 11/1/23 | | 1,065 | | 1,077 |
| Metropolitan St. Louis MO Sewer District Wastewater System Revenue | 5.000% | 5/1/25 | | 1,255 | | 1,505 |
| Missouri Development Finance Board Infrastructure Facilities Revenue (Branson Landing Project) | 4.000% | 12/1/20 | | 1,300 | | 1,334 |
| Missouri Health & Educational Facilities Authority Educational Facilities Revenue (Southeast Missouri State University) | 5.000% | 10/1/25 | | 1,225 | | 1,449 |
| Missouri Health & Educational Facilities Authority Educational Facilities Revenue (St. Louis College of Pharmacy Project) | 5.000% | 5/1/20 | | 870 | | 883 |
| Missouri Health & Educational Facilities Authority Educational Facilities Revenue (St. Louis College of Pharmacy Project) | 5.000% | 5/1/21 | | 1,420 | | 1,480 |
| Missouri Health & Educational Facilities Authority Health Facilities Revenue (Cox Health) | 5.000% | 11/15/22 | | 3,410 | | 3,775 |
| Missouri Health & Educational Facilities Authority Health Facilities Revenue (Cox Health) | 5.000% | 11/15/24 | | 1,000 | | 1,174 |
| Missouri Health & Educational Facilities Authority Health Facilities Revenue (Freeman Health System) | 5.000% | 2/15/20 | | 3,085 | | 3,117 |
| Missouri Health & Educational Facilities Authority Health Facilities Revenue (Lester E. Cox Obligated Group) | 5.000% | 11/15/24 | | 1,075 | | 1,258 |
| Missouri Health & Educational Facilities Authority Health Facilities Revenue (Mosaic Health System) | 5.000% | 2/15/25 | | 1,500 | | 1,774 |
| Missouri Health & Educational Facilities Authority Health Facilities Revenue (Mosaic Health System) | 5.000% | 2/15/26 | | 1,450 | | 1,756 |
| Missouri Health & Educational Facilities Authority Health Facilities Revenue (SSM Health System) PUT | 5.000% | 6/1/23 | | 17,600 | | 19,308 |
| Missouri Health & Educational Facilities Authority Health Facilities Revenue (St. Luke’s Health System) | 5.000% | 12/1/26 | | 555 | | 681 |
| Missouri Health & Educational Facilities Authority Revenue (Christian Homes Inc. Obligated Group) | 5.000% | 5/15/26 | | 1,285 | | 1,462 |
| Missouri Health & Educational Facilities Authority Revenue (Lutheran Senior Services Obligated Group) | 4.000% | 2/1/20 | | 900 | | 905 |
| Missouri Health & Educational Facilities Authority Revenue (Lutheran Senior Services Obligated Group) | 5.000% | 2/1/21 | | 400 | | 416 |
| Missouri Health & Educational Facilities Authority Revenue (Lutheran Senior Services Obligated Group) | 5.000% | 2/1/22 | | 1,440 | | 1,542 |
| Missouri Health & Educational Facilities Authority Revenue (Lutheran Senior Services Obligated Group) | 5.000% | 2/1/23 | | 1,200 | | 1,320 |
| Missouri Health & Educational Facilities Authority Revenue (Lutheran Senior Services Obligated Group) | 5.000% | 2/1/24 | | 750 | | 845 |
| Missouri Highways & Transportation Commission Road Revenue | 5.000% | 5/1/21 | | 4,380 | | 4,630 |
| Missouri Joint Municipal Electric Utility Commission Power Project Revenue | 5.000% | 1/1/20 | | 1,000 | | 1,006 |
| Missouri Joint Municipal Electric Utility Commission Power Project Revenue | 5.000% | 1/1/21 | | 6,285 | | 6,555 |
| Missouri Joint Municipal Electric Utility Commission Power Project Revenue | 5.000% | 1/1/22 | | 4,375 | | 4,721 |
| Missouri Joint Municipal Electric Utility Commission Power Project Revenue | 5.000% | 1/1/23 | | 1,050 | | 1,169 |
| Missouri Joint Municipal Electric Utility Commission Power Project Revenue | 5.000% | 1/1/24 | | 1,000 | | 1,147 |
| Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Iatan 2 Project) | 5.000% | 1/1/26 | | 1,000 | | 1,144 |
| Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) | 5.000% | 12/1/19 | | 2,500 | | 2,507 |
| Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) | 5.000% | 6/1/20 | | 1,325 | | 1,353 |
| Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) | 5.000% | 12/1/20 | | 1,075 | | 1,118 |
| Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) | 5.000% | 6/1/21 | | 1,400 | | 1,482 |
| Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) | 5.000% | 12/1/21 | | 1,860 | | 2,002 |
| Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) | 5.000% | 6/1/22 | | 3,255 | | 3,561 |
| Missouri Joint Municipal Electric Utility Commission Power Project Revenue (Prairie Project) | 5.000% | 12/1/22 | | 1,735 | | 1,928 |
| Springfield MO Public Utility Revenue | 5.000% | 8/1/23 | | 3,500 | | 3,990 |
| Springfield MO School District No. R-12 GO | 3.000% | 3/1/20 | | 480 | | 483 |
| Springfield MO School District No. R-12 GO | 3.000% | 3/1/21 | | 1,375 | | 1,409 |
| Springfield MO School District No. R-12 GO | 3.000% | 3/1/23 | | 615 | | 651 |
| Springfield MO School District No. R-12 GO | 3.000% | 3/1/24 | | 625 | | 671 |
| St. Louis County MO Industrial Development Authority Senior Living Facilities Revenue (Friendship Village Obligated Group) | 3.000% | 9/1/22 | | 300 | | 306 |
| St. Louis MO Airport Revenue (Lambert-St. Louis International Airport) | 5.000% | 7/1/25 | | 1,440 | | 1,717 |
| St. Louis MO Airport Revenue (Lambert-St. Louis International Airport) | 5.000% | 7/1/26 | | 1,500 | | 1,827 |
| St. Louis MO Parking Revenue | 5.000% | 12/15/21 | (4) | 1,535 | | 1,648 |
| St. Louis MO Parking Revenue | 5.000% | 12/15/22 | (4) | 1,010 | | 1,117 |
| | | | | | | 155,864 |
Montana (0.1%) | | | | | | |
| Forsyth MT Pollution Control Revenue (Northwestern Corporation Colstrip Project) | 2.000% | 8/1/23 | | 25,330 | | 25,813 |
| Gallatin County MT High School District No. 7 GO | 5.000% | 6/1/23 | | 490 | | 556 |
| Gallatin County MT High School District No. 7 GO | 5.000% | 12/1/23 | | 515 | | 593 |
| Gallatin County MT High School District No. 7 GO | 5.000% | 6/1/24 | | 530 | | 619 |
| Gallatin County MT High School District No. 7 GO | 5.000% | 12/1/24 | | 680 | | 806 |
| Gallatin County MT High School District No. 7 GO | 5.000% | 6/1/25 | | 565 | | 679 |
107
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Gallatin County MT High School District No. 7 GO | 5.000% | 12/1/25 | | 935 | | 1,137 |
| Lewis & Clark County MT School District No. 1 GO | 5.000% | 7/1/23 | | 560 | | 633 |
| Lewis & Clark County MT School District No. 1 GO | 5.000% | 7/1/24 | | 770 | | 896 |
| Lewis & Clark County MT School District No. 1 GO | 5.000% | 7/1/25 | | 375 | | 447 |
| Montana Facility Finance Authority Health Facilities Revenue (Bozeman Deaconess Health Services Obligated Group) | 5.000% | 6/1/22 | | 200 | | 218 |
| Montana Facility Finance Authority Health Facilities Revenue (Bozeman Deaconess Health Services Obligated Group) | 3.000% | 6/1/23 | | 350 | | 368 |
| Montana Facility Finance Authority Health Facilities Revenue (Bozeman Deaconess Health Services Obligated Group) | 5.000% | 6/1/25 | | 380 | | 448 |
| Montana Facility Finance Authority Hospital Revenue (Benefis Health System) | 5.000% | 2/15/21 | | 1,290 | | 1,350 |
| Montana Facility Finance Authority Hospital Revenue (Benefis Health System) | 5.000% | 2/15/22 | | 1,435 | | 1,551 |
| Montana Facility Finance Authority Hospital Revenue (Benefis Health System) | 5.000% | 2/15/23 | | 2,075 | | 2,309 |
| Montana Facility Finance Authority Hospital Revenue (Benefis Health System) | 5.000% | 2/15/24 | | 2,145 | | 2,452 |
| Montana Facility Finance Authority Hospital Revenue (SCL Health System) | 5.000% | 1/1/23 | | 625 | | 697 |
| | | | | | | 41,572 |
Multiple States (1.3%) | | | | | | |
6 | Federal Home Loan Mortgage Corp. Multifamily Housing Revenue VRDO | 1.330% | 11/7/19 | LOC | 16,975 | | 16,975 |
5,6 | Federal Home Loan Mortgage Corp. Multifamily Housing Revenue VRDO | 1.330% | 11/8/19 | | 16,220 | | 16,220 |
6 | Federal Home Loan Mortgage Corp. Multifamily Housing Revenue VRDO | 1.330% | 11/8/19 | LOC | 26,280 | | 26,280 |
1,6 | Federal Home Loan Mortgage Corp. Multifamily Housing Revenue, SIFMA Municipal Swap Index Yield + 0.210% | 1.330% | 11/8/19 | LOC | 5,500 | | 5,500 |
6 | Federal Home Loan Mortgage Corp. Multifamily Housing VRDO | 1.330% | 11/8/19 | LOC | 25,755 | | 25,755 |
| Nuveen AMT-Free Municipal Income Fund VRDP VRDO | 1.470% | 11/1/19 | | 14,150 | | 14,150 |
4 | Nuveen AMT-Free Municipal Income Fund VRDP VRDO | 1.220% | 11/7/19 | LOC | 102,500 | | 102,500 |
| Nuveen AMT-Free Quality Municipal Income Fund VRDP VRDO | 1.470% | 11/1/19 | | 38,500 | | 38,500 |
4 | Nuveen AMT-Free Quality Municipal Income Fund VRDP VRDO | 1.190% | 11/7/19 | LOC | 84,200 | | 84,200 |
4 | Nuveen Enhanced AMT-Free Municipal Credit Opportunities Fund VRDP VRDO | 1.190% | 11/7/19 | LOC | 34,100 | | 34,100 |
| | | | | | | 364,180 |
Nebraska (0.6%) | | | | | | |
| Central Plains Energy Project Nebraska Gas Project Revenue (Project No. 1) | 5.250% | 12/1/20 | | 5,000 | | 5,192 |
| Central Plains Energy Project Nebraska Gas Project Revenue (Project No. 1) | 5.250% | 12/1/21 | | 3,255 | | 3,494 |
| Central Plains Energy Project Nebraska Gas Project Revenue (Project No. 3) | 5.000% | 9/1/25 | | 6,350 | | 7,404 |
�� | Central Plains Energy Project Nebraska Gas Supply Revenue PUT | 5.000% | 12/1/19 | | 83,515 | | 83,751 |
| Douglas County NE Hospital Authority No. 3 Health Facilities Revenue (Nebraska Methodist Health System) | 4.000% | 11/1/19 | | 750 | | 750 |
| Douglas County NE Hospital Authority No. 3 Health Facilities Revenue (Nebraska Methodist Health System) | 5.000% | 11/1/20 | | 1,400 | | 1,447 |
| Douglas County NE Hospital Authority No. 3 Health Facilities Revenue (Nebraska Methodist Health System) | 5.000% | 11/1/22 | | 1,000 | | 1,103 |
| Douglas County NE School District No. 17 GO | 4.000% | 6/15/24 | | 6,715 | | 7,202 |
| Lincoln County NE Hospital Authority No. 1 Hospital Revenue (Great Plains Regional Medical Center Project) | 4.000% | 11/1/19 | | 750 | | 750 |
| Lincoln County NE Hospital Authority No. 1 Hospital Revenue (Great Plains Regional Medical Center Project) | 4.000% | 11/1/20 | | 600 | | 615 |
| Municipal Energy Agency of Nebraska Power Supply System Revenue | 5.000% | 4/1/20 | | 1,350 | | 1,371 |
| Municipal Energy Agency of Nebraska Power Supply System Revenue | 5.000% | 4/1/23 | | 1,030 | | 1,156 |
| Nebraska Investment Finance Authority Single Family Housing Revenue | 3.000% | 9/1/43 | | 805 | | 815 |
| Nebraska Investment Finance Authority Single Family Housing Revenue | 4.000% | 9/1/44 | | 2,460 | | 2,595 |
| Nebraska Investment Finance Authority Single Family Housing Revenue | 3.500% | 9/1/45 | | 5,805 | | 6,084 |
| Nebraska Public Power District Revenue | 5.000% | 7/1/20 | | 6,600 | | 6,766 |
| Nebraska Public Power District Revenue | 5.000% | 1/1/21 | | 4,635 | | 4,840 |
| Nebraska Public Power District Revenue | 5.000% | 1/1/21 | | 2,250 | | 2,348 |
| Nebraska Public Power District Revenue | 5.000% | 7/1/21 | | 3,200 | | 3,402 |
| Nebraska Public Power District Revenue | 5.000% | 1/1/22 | | 1,285 | | 1,390 |
| Nebraska Public Power District Revenue | 5.000% | 1/1/23 | | 1,330 | | 1,485 |
| Nebraska Public Power District Revenue | 5.000% | 1/1/24 | | 1,750 | | 2,014 |
| Nebraska Public Power Generation Agency Revenue (Whelan Energy Center Unit 2) | 5.000% | 1/1/21 | | 1,500 | | 1,562 |
| Nebraska Public Power Generation Agency Revenue (Whelan Energy Center Unit 2) | 5.000% | 1/1/22 | | 4,880 | | 5,251 |
| Nebraska Public Power Generation Agency Revenue (Whelan Energy Center Unit 2) | 5.000% | 1/1/23 | | 2,560 | | 2,839 |
| Nebraska Public Power Generation Agency Revenue (Whelan Energy Center Unit 2) | 5.000% | 1/1/24 | | 5,430 | | 6,197 |
| Omaha NE GO | 5.000% | 1/15/24 | | 750 | | 867 |
| Omaha NE GO | 5.000% | 1/15/25 | | 375 | | 446 |
| Omaha NE GO | 5.000% | 1/15/26 | | 500 | | 610 |
| Omaha NE Public Power District Electric Revenue | 5.000% | 2/1/21 | | 6,420 | | 6,725 |
| Scotts Bluff County NE Hospital Authority Revenue (Regional West Medical Center) | 5.000% | 2/1/21 | | 1,535 | | 1,583 |
| Scotts Bluff County NE Hospital Authority Revenue (Regional West Medical Center) | 5.000% | 2/1/22 | | 1,000 | | 1,056 |
| Scotts Bluff County NE Hospital Authority Revenue (Regional West Medical Center) | 5.000% | 2/1/23 | | 1,700 | | 1,829 |
108
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| University of Nebraska Student Fee Revenue | 5.000% | 7/1/21 | (ETM) | 1,335 | | 1,419 |
| University of Nebraska Student Fee Revenue | 5.000% | 7/1/22 | (ETM) | 1,400 | | 1,542 |
| | | | | | | 177,900 |
Nevada (0.9%) | | | | | | |
| Carson City NV Hospital Revenue (Carson Tahoe Regional Medical Center) | 5.000% | 9/1/20 | | 1,165 | | 1,196 |
| Carson City NV Hospital Revenue (Carson Tahoe Regional Medical Center) | 5.000% | 9/1/22 | | 790 | | 861 |
| Carson City NV Hospital Revenue (Carson Tahoe Regional Medical Center) | 5.000% | 9/1/24 | | 750 | | 860 |
| Clark County NV Airport Improvement Revenue | 5.000% | 7/1/21 | | 1,865 | | 1,981 |
| Clark County NV Airport Improvement Revenue | 5.000% | 7/1/23 | | 4,750 | | 5,379 |
| Clark County NV Airport Improvement Revenue | 5.000% | 7/1/24 | | 3,500 | | 4,075 |
| Clark County NV Airport Improvement Revenue | 5.000% | 7/1/25 | | 1,235 | | 1,443 |
| Clark County NV Airport Improvement Revenue | 5.000% | 7/1/25 | | 3,000 | | 3,585 |
| Clark County NV Airport Improvement Revenue | 5.000% | 7/1/26 | | 9,065 | | 11,073 |
| Clark County NV Highway Improvement Motor Vehicle Fuel Tax Revenue | 5.000% | 7/1/22 | | 1,715 | | 1,884 |
| Clark County NV Highway Improvement Motor Vehicle Fuel Tax Revenue | 5.000% | 7/1/24 | | 1,040 | | 1,213 |
| Clark County NV Highway Improvement Motor Vehicle Fuel Tax Revenue | 5.000% | 7/1/25 | | 1,155 | | 1,382 |
| Clark County NV Highway Improvement Motor Vehicle Fuel Tax Revenue | 5.000% | 7/1/26 | | 1,125 | | 1,379 |
| Clark County NV Passenger Facility Charge Revenue (Las Vegas McCarran International Airport) | 5.000% | 7/1/20 | | 3,000 | | 3,075 |
| Clark County NV Passenger Facility Charge Revenue (Las Vegas McCarran International Airport) | 5.000% | 7/1/21 | | 3,000 | | 3,189 |
| Clark County NV Passenger Facility Charge Revenue (Las Vegas McCarran International Airport) | 5.000% | 7/1/22 | | 3,060 | | 3,362 |
| Clark County NV School District GO | 5.000% | 6/15/20 | | 3,125 | | 3,194 |
| Clark County NV School District GO | 5.000% | 6/15/20 | | 520 | | 531 |
| Clark County NV School District GO | 5.000% | 6/15/21 | | 4,515 | | 4,773 |
| Clark County NV School District GO | 5.000% | 6/15/21 | | 7,110 | | 7,517 |
| Clark County NV School District GO | 5.000% | 6/15/21 | (4) | 3,390 | | 3,584 |
| Clark County NV School District GO | 5.000% | 6/15/22 | | 5,530 | | 6,036 |
| Clark County NV School District GO | 5.000% | 6/15/22 | | 1,255 | | 1,370 |
| Clark County NV School District GO | 5.000% | 6/15/22 | (4) | 3,555 | | 3,880 |
| Clark County NV School District GO | 5.000% | 6/15/23 | (4) | 3,695 | | 4,156 |
| Clark County NV School District GO | 5.000% | 6/15/23 | | 5,820 | | 6,546 |
| Clark County NV School District GO | 5.000% | 6/15/23 | | 1,760 | | 1,950 |
| Clark County NV School District GO | 5.000% | 6/15/23 | | 7,835 | | 8,813 |
| Clark County NV School District GO | 5.000% | 6/15/23 | (4) | 3,735 | | 4,201 |
| Clark County NV School District GO | 4.000% | 6/15/24 | (4) | 3,625 | | 3,987 |
| Clark County NV School District GO | 5.000% | 6/15/24 | (4) | 3,880 | | 4,490 |
| Clark County NV School District GO | 5.000% | 6/15/24 | | 3,505 | | 4,056 |
| Clark County NV School District GO | 5.000% | 6/15/24 | | 8,230 | | 9,523 |
| Clark County NV School District GO | 5.000% | 6/15/24 | | 2,280 | | 2,638 |
| Clark County NV School District GO | 5.000% | 6/15/24 | (4) | 7,840 | | 9,072 |
| Clark County NV School District GO | 5.000% | 6/15/25 | (4) | 8,145 | | 9,653 |
| Clark County NV School District GO | 5.000% | 6/15/25 | | 8,640 | | 10,240 |
| Clark County NV School District GO | 5.000% | 6/15/25 | (4) | 8,235 | | 9,760 |
| Clark County NV School District GO | 5.000% | 6/15/25 | | 1,760 | | 2,086 |
| Clark County NV School District GO | 5.000% | 6/15/26 | (4) | 8,555 | | 10,350 |
| Clark County NV School District GO | 5.000% | 6/15/26 | | 9,075 | | 10,979 |
| Clark County NV School District GO | 5.000% | 6/15/26 | | 6,760 | | 8,094 |
| Clark County NV School District GO | 5.000% | 6/15/26 | (4) | 8,545 | | 10,338 |
| Humboldt County NV Pollution Control Revenue (Idaho Power Co.) | 1.450% | 12/1/24 | | 6,300 | | 6,230 |
4 | Las Vegas NV Convention & Visitors Authority TOB VRDO | 1.200% | 11/7/19 | | 6,665 | | 6,665 |
| Las Vegas NV Convention & Visitors Authority Revenue | 5.000% | 7/1/21 | | 1,000 | | 1,062 |
| Las Vegas NV Convention & Visitors Authority Revenue | 5.000% | 7/1/22 | | 1,570 | | 1,724 |
| Las Vegas NV Convention & Visitors Authority Revenue | 5.000% | 7/1/22 | | 250 | | 274 |
| Las Vegas NV Convention & Visitors Authority Revenue | 5.000% | 7/1/23 | | 1,190 | | 1,348 |
| Las Vegas NV Convention & Visitors Authority Revenue | 5.000% | 7/1/23 | | 600 | | 680 |
| Las Vegas NV New Convention & Visitors Authority Revenue | 5.000% | 7/1/23 | | 600 | | 680 |
| Las Vegas NV New Convention & Visitors Authority Revenue | 5.000% | 7/1/24 | | 500 | | 583 |
| Las Vegas NV New Convention & Visitors Authority Revenue | 5.000% | 7/1/25 | | 600 | | 717 |
| Nevada Highway Improvement Revenue (Motor Vehicle Fuel Tax) | 5.000% | 12/1/24 | | 2,680 | | 3,128 |
| North Las Vegas NV GO | 5.000% | 6/1/24 | (4) | 2,810 | | 3,255 |
| North Las Vegas NV GO | 5.000% | 6/1/25 | (4) | 2,950 | | 3,501 |
| North Las Vegas NV GO | 5.000% | 6/1/26 | (4) | 3,095 | | 3,761 |
| North Las Vegas NV Local Improvement (Valley Vista Special Improvement District No. 64) | 3.500% | 6/1/21 | | 120 | | 122 |
| North Las Vegas NV Local Improvement (Valley Vista Special Improvement District No. 64) | 3.500% | 6/1/22 | | 155 | | 158 |
| North Las Vegas NV Local Improvement (Valley Vista Special Improvement District No. 64) | 3.500% | 6/1/23 | | 125 | | 128 |
| North Las Vegas NV Local Improvement (Valley Vista Special Improvement District No. 64) | 3.500% | 6/1/24 | | 125 | | 128 |
| North Las Vegas NV Local Improvement (Valley Vista Special Improvement District No. 64) | 3.750% | 6/1/25 | | 150 | | 156 |
| North Las Vegas NV Local Improvement (Valley Vista Special Improvement District No. 64) | 3.750% | 6/1/26 | | 185 | | 193 |
| Reno NV Capital Improvement Revenue | 5.000% | 6/1/25 | (4) | 500 | | 589 |
| Reno NV Capital Improvement Revenue | 5.000% | 6/1/26 | (4) | 500 | | 602 |
| Reno NV Sales Tax Revenue (Reno Transportation Rail Access) | 5.000% | 6/1/21 | | 500 | | 528 |
| Reno NV Sales Tax Revenue (Reno Transportation Rail Access) | 5.000% | 6/1/21 | (4) | 320 | | 337 |
109
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Reno NV Sales Tax Revenue (Reno Transportation Rail Access) | 5.000% | 6/1/22 | (4) | 335 | | 363 |
| Reno NV Sales Tax Revenue (Reno Transportation Rail Access) | 5.000% | 6/1/23 | | 455 | | 509 |
| Reno NV Sales Tax Revenue (Reno Transportation Rail Access) | 5.000% | 6/1/23 | (4) | 355 | | 395 |
| Reno NV Sales Tax Revenue (Reno Transportation Rail Access) | 5.000% | 6/1/24 | | 250 | | 287 |
| Reno NV Sales Tax Revenue (Reno Transportation Rail Access) | 5.000% | 6/1/25 | | 485 | | 571 |
| Washoe County NV Gas & Water Facilities Revenue PUT | 3.000% | 6/1/22 | | 9,500 | | 9,873 |
| | | | | | | 256,301 |
New Hampshire (0.1%) | | | | | | |
| Manchester NH General Airport Revenue | 5.000% | 1/1/22 | | 6,820 | | 7,329 |
| New Hampshire Business Finance Authority Revenue PUT (The United Illuminating Co.) | 2.800% | 10/2/23 | | 5,480 | | 5,717 |
| New Hampshire Health & Education Facilities Authority Revenue (Elliott Hospital Obligated Group) | 5.000% | 10/1/21 | | 1,250 | | 1,332 |
| New Hampshire Health & Education Facilities Authority Revenue (Elliott Hospital Obligated Group) | 5.000% | 10/1/22 | | 925 | | 1,016 |
| New Hampshire Health & Education Facilities Authority Revenue (Elliott Hospital Obligated Group) | 5.000% | 10/1/23 | | 1,675 | | 1,892 |
| New Hampshire Health & Education Facilities Authority Revenue (Partners Healthcare System Inc.) | 5.000% | 7/1/22 | | 565 | | 621 |
| New Hampshire Health & Education Facilities Authority Revenue (Partners Healthcare System Inc.) | 5.000% | 7/1/23 | | 400 | | 454 |
| New Hampshire Health & Education Facilities Authority Revenue (Partners Healthcare System Inc.) | 5.000% | 7/1/24 | | 1,000 | | 1,168 |
| New Hampshire Health & Education Facilities Authority Revenue (Southern New Hampshire Medical Center) | 4.000% | 10/1/22 | | 2,070 | | 2,211 |
| New Hampshire Health & Education Facilities Authority Revenue (Southern New Hampshire Medical Center) | 4.000% | 10/1/23 | | 2,355 | | 2,568 |
| New Hampshire Health & Education Facilities Authority Revenue (Southern New Hampshire Medical Center) | 5.000% | 10/1/24 | | 1,910 | | 2,212 |
| New Hampshire Health & Education Facilities Authority Revenue (Southern New Hampshire Medical Center) | 4.000% | 10/1/25 | | 1,810 | | 2,044 |
| New Hampshire Health & Education Facilities Authority Revenue (Southern New Hampshire University) | 5.000% | 1/1/24 | | 1,015 | | 1,158 |
| | | | | | | 29,722 |
New Jersey (3.8%) | | | | | | |
| Aberdeen NJ GO | 3.000% | 3/6/20 | | 13,233 | | 13,306 |
| Atlantic City NJ GO | 5.000% | 11/1/19 | | 3,315 | | 3,315 |
| Atlantic City NJ GO | 5.000% | 12/1/19 | | 6,995 | | 7,004 |
| Atlantic City NJ GO | 5.000% | 11/1/20 | | 4,025 | | 4,091 |
| Atlantic City NJ GO | 5.000% | 12/1/20 | | 7,185 | | 7,313 |
| Atlantic City NJ GO | 5.000% | 3/1/21 | (15) | 300 | | 313 |
| Atlantic City NJ GO | 5.000% | 11/1/21 | | 3,020 | | 3,118 |
| Atlantic City NJ GO | 5.000% | 12/1/21 | | 2,405 | | 2,486 |
| Atlantic City NJ GO | 5.000% | 3/1/23 | (15) | 500 | | 555 |
| Atlantic City NJ GO | 5.000% | 3/1/23 | (4) | 1,250 | | 1,386 |
| Atlantic City NJ GO | 5.000% | 3/1/24 | (15) | 300 | | 342 |
| Atlantic City NJ GO | 5.000% | 3/1/24 | (4) | 1,300 | | 1,482 |
| Atlantic City NJ GO | 5.000% | 3/1/25 | (15) | 800 | | 935 |
| Atlantic City NJ GO | 5.000% | 3/1/25 | (4) | 750 | | 877 |
| Atlantic City NJ GO | 5.000% | 3/1/26 | (4) | 615 | | 735 |
| Atlantic County NJ GO | 3.000% | 10/1/22 | (15) | 810 | | 851 |
| Camden County NJ Improvement Authority Health Care Redevelopment Project Revenue (Cooper Health System Obligated Group) | 5.000% | 2/15/20 | | 2,290 | | 2,312 |
| Camden County NJ Improvement Authority Health Care Redevelopment Project Revenue (Cooper Health System Obligated Group) | 5.000% | 2/15/21 | | 2,460 | | 2,567 |
| Camden County NJ Improvement Authority Health Care Redevelopment Project Revenue (Cooper Health System Obligated Group) | 5.000% | 2/15/22 | | 2,295 | | 2,474 |
| Camden County NJ Improvement Authority Health Care Redevelopment Project Revenue (Cooper Health System Obligated Group) | 5.000% | 2/15/26 | | 2,715 | | 3,075 |
| Camden County NJ Improvement Authority Health Care Redevelopment Project Revenue (Cooper Health System Obligated Group) | 5.000% | 2/15/27 | | 2,000 | | 2,260 |
| Camden County NJ Improvement Authority Lease Revenue (Rowan University School of Osteopathic Medicine Project) | 5.000% | 12/1/22 | | 1,120 | | 1,239 |
| East Orange NJ GO | 4.000% | 9/15/26 | (4) | 525 | | 606 |
| Garden State Preservation Trust New Jersey Revenue (Open Space & Farmland Preservation) | 5.000% | 11/1/20 | | 1,475 | | 1,526 |
| Garden State Preservation Trust New Jersey Revenue (Open Space & Farmland Preservation) | 5.000% | 11/1/22 | (15) | 1,095 | | 1,207 |
| Gloucester County NJ Improvement Authority Revenue (Rowan University) | 5.000% | 7/1/20 | | 1,800 | | 1,843 |
| Gloucester County NJ Improvement Authority Revenue (Rowan University) | 5.000% | 7/1/21 | | 2,800 | | 2,969 |
| Gloucester County NJ Improvement Authority Revenue (Rowan University) | 5.000% | 7/1/22 | | 1,225 | | 1,340 |
| Gloucester County NJ Improvement Authority Revenue (Rowan University) | 5.000% | 11/1/24 | (4) | 1,250 | | 1,466 |
| Gloucester County NJ Improvement Authority Revenue (Rowan University) | 5.000% | 11/1/25 | (4) | 1,835 | | 2,209 |
| Gloucester County NJ Improvement Authority Revenue (Rowan University) | 5.000% | 11/1/26 | (4) | 1,300 | | 1,601 |
4 | Inspira Health Obligated Group NJ TOB VRDO | 1.240% | 11/7/19 | | 1,975 | | 1,975 |
| Morris County NJ Improvement Authority Revenue | 4.000% | 5/1/21 | | 2,000 | | 2,085 |
| New Jersey Building Authority Revenue | 5.000% | 6/15/23 | | 160 | | 178 |
| New Jersey Casino Reinvestment Development Authority Revenue (Luxury Tax) | 5.000% | 11/1/22 | | 2,885 | | 3,097 |
| New Jersey Casino Reinvestment Development Authority Revenue (Luxury Tax) | 5.000% | 11/1/23 | | 535 | | 585 |
| New Jersey Economic Development Authority Revenue | 5.000% | 12/15/19 | (ETM) | 4,805 | | 4,826 |
110
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| New Jersey Economic Development Authority Revenue | 5.000% | 12/15/19 | | 12,250 | | 12,299 |
| New Jersey Economic Development Authority Revenue | 5.000% | 6/15/20 | | 1,000 | | 1,021 |
| New Jersey Economic Development Authority Revenue | 5.000% | 6/15/21 | | 5,405 | | 5,706 |
| New Jersey Economic Development Authority Revenue | 5.000% | 6/15/21 | | 2,000 | | 2,112 |
| New Jersey Economic Development Authority Revenue | 5.000% | 6/15/22 | | 62,870 | | 68,281 |
| New Jersey Economic Development Authority Revenue | 5.000% | 6/15/22 | | 10,000 | | 10,861 |
| New Jersey Economic Development Authority Revenue | 5.000% | 6/15/22 | | 3,055 | | 3,318 |
| New Jersey Economic Development Authority Revenue | 5.000% | 11/1/22 | | 750 | | 823 |
| New Jersey Economic Development Authority Revenue | 5.000% | 6/15/23 | | 6,395 | | 7,121 |
| New Jersey Economic Development Authority Revenue | 5.000% | 6/15/23 | | 16,000 | | 17,818 |
| New Jersey Economic Development Authority Revenue | 5.000% | 6/15/23 | | 4,000 | | 4,454 |
| New Jersey Economic Development Authority Revenue | 5.000% | 6/15/23 | | 7,750 | | 8,630 |
| New Jersey Economic Development Authority Revenue | 5.000% | 6/15/24 | | 4,000 | | 4,550 |
| New Jersey Economic Development Authority Revenue | 5.000% | 6/15/24 | | 1,630 | | 1,854 |
| New Jersey Economic Development Authority Revenue | 5.000% | 6/15/25 | | 2,500 | | 2,890 |
| New Jersey Economic Development Authority Revenue | 4.000% | 11/1/25 | | 505 | | 553 |
| New Jersey Economic Development Authority Revenue (Cigarette Tax) | 5.000% | 6/15/20 | | 8,425 | | 8,601 |
| New Jersey Economic Development Authority Revenue (Motor Vehicle Surcharge) | 4.000% | 7/1/22 | | 4,400 | | 4,645 |
| New Jersey Economic Development Authority Revenue (Motor Vehicle Surcharge) | 5.000% | 7/1/23 | (15) | 7,000 | | 7,823 |
| New Jersey Economic Development Authority Revenue (Motor Vehicle Surcharge) | 3.000% | 7/1/24 | (15) | 2,705 | | 2,825 |
| New Jersey Economic Development Authority Revenue (Provident Group-Rowan Properties LLC) | 5.000% | 1/1/23 | | 500 | | 541 |
| New Jersey Economic Development Authority Revenue (Provident Group-Rowan Properties LLC) | 5.000% | 1/1/25 | | 1,950 | | 2,187 |
| New Jersey Economic Development Authority Revenue (School Facilities Construction) | 5.500% | 12/15/19 | (2) | 5,000 | | 5,023 |
| New Jersey Economic Development Authority Revenue (School Facilities Construction) | 5.000% | 3/1/20 | (ETM) | 910 | | 921 |
| New Jersey Economic Development Authority Revenue (School Facilities Construction) | 5.000% | 3/1/20 | | 8,325 | | 8,419 |
| New Jersey Economic Development Authority Revenue (School Facilities Construction) | 5.000% | 6/15/20 | | 3,000 | | 3,064 |
| New Jersey Economic Development Authority Revenue (School Facilities Construction) | 5.000% | 6/15/20 | | 500 | | 511 |
| New Jersey Economic Development Authority Revenue (School Facilities Construction) | 5.000% | 9/1/20 | (ETM) | 5,650 | | 5,823 |
| New Jersey Economic Development Authority Revenue (School Facilities Construction) | 5.000% | 9/1/20 | | 2,095 | | 2,155 |
| New Jersey Economic Development Authority Revenue (School Facilities Construction) | 5.250% | 12/15/20 | (2) | 9,670 | | 10,070 |
| New Jersey Economic Development Authority Revenue (School Facilities Construction) | 5.250% | 3/1/21 | (Prere.) | 13,480 | | 14,182 |
| New Jersey Economic Development Authority Revenue (School Facilities Construction) | 5.000% | 9/1/21 | | 150 | | 157 |
| New Jersey Economic Development Authority Revenue (School Facilities Construction) | 5.000% | 3/1/22 | | 830 | | 894 |
| New Jersey Economic Development Authority Revenue (School Facilities Construction) | 5.000% | 9/1/22 | | 1,580 | | 1,653 |
| New Jersey Economic Development Authority Revenue (School Facilities Construction) | 5.250% | 9/1/22 | | 4,990 | | 5,236 |
| New Jersey Economic Development Authority Revenue (School Facilities Construction) | 5.250% | 9/1/23 | | 6,545 | | 6,866 |
| New Jersey Economic Development Authority Revenue (School Facilities Construction) | 5.000% | 3/1/25 | | 10,525 | | 11,541 |
| New Jersey Economic Development Authority Revenue (School Facilities Construction) | 5.000% | 6/15/25 | | 340 | | 393 |
| New Jersey Economic Development Authority Revenue (School Facilities Construction) | 5.500% | 9/1/25 | (4) | 15,000 | | 18,056 |
| New Jersey Economic Development Authority Revenue (School Facilities Construction) | 4.250% | 6/15/26 | | 3,380 | | 3,703 |
| New Jersey Economic Development Authority Revenue (School Facilities Construction) | 5.000% | 6/15/26 | | 13,785 | | 15,805 |
| New Jersey Economic Development Authority Revenue (School Facilities Construction) | 5.500% | 9/1/26 | (2) | 15,000 | | 18,180 |
| New Jersey Economic Development Authority Revenue (School Facilities Construction) | 5.000% | 3/1/27 | | 3,460 | | 3,778 |
| New Jersey Economic Development Authority Revenue State Capitol Joint Management Commission) | 5.000% | 6/15/24 | | 2,945 | | 3,350 |
| New Jersey Economic Development Authority Revenue (State Capitol Joint Management Commission) | 5.000% | 6/15/25 | | 8,200 | | 9,479 |
| New Jersey Economic Development Authority Revenue (State Police Barracks Project) | 5.000% | 6/15/23 | | 200 | | 223 |
| New Jersey Economic Development Authority Revenue (United Methodist Homes Obligated Group) | 4.000% | 7/1/22 | | 1,315 | | 1,364 |
| New Jersey Economic Development Authority Revenue (Provident Group-Montclair Properties LLC - Montclair State University Student Housing Project) | 4.000% | 6/1/21 | (4) | 1,850 | | 1,921 |
| New Jersey Economic Development Authority Revenue (Provident Group-Montclair Properties LLC - Montclair State University Student Housing Project) | 4.000% | 6/1/22 | (4) | 2,000 | | 2,123 |
| New Jersey Economic Development Authority Revenue (Provident Group-Montclair Properties LLC - Montclair State University Student Housing Project) | 5.000% | 6/1/23 | (4) | 2,800 | | 3,132 |
| New Jersey Economic Development Authority Revenue (Provident Group-Montclair Properties LLC - Montclair State University Student Housing Project) | 5.000% | 6/1/24 | (4) | 1,155 | | 1,328 |
| New Jersey Economic Development Authority Revenue (Provident Group-Montclair Properties LLC - Montclair State University Student Housing Project) | 5.000% | 6/1/25 | (4) | 1,105 | | 1,301 |
| New Jersey Economic Development Authority Revenue (United Methodist Homes of New Jersey Obligated Group) | 4.000% | 7/1/20 | | 780 | | 789 |
| New Jersey Economic Development Authority Sublease Revenue (New Jersey Transit Corp. Projects) | 5.000% | 11/1/19 | | 7,705 | | 7,705 |
| New Jersey Educational Facilities Authority Revenue (College of New Jersey) | 4.000% | 7/1/20 | | 405 | | 412 |
| New Jersey Educational Facilities Authority Revenue (College of New Jersey) | 5.000% | 7/1/21 | | 500 | | 530 |
| New Jersey Educational Facilities Authority Revenue (College of New Jersey) | 5.000% | 7/1/22 | | 730 | | 800 |
| New Jersey Educational Facilities Authority Revenue (College of New Jersey) | 5.000% | 7/1/23 | | 1,000 | | 1,126 |
| New Jersey Educational Facilities Authority Revenue (College of New Jersey) | 5.000% | 7/1/23 | (15) | 3,955 | | 4,461 |
| New Jersey Educational Facilities Authority Revenue (Higher Education Trust Fund) | 5.000% | 6/15/23 | | 465 | | 518 |
| New Jersey Educational Facilities Authority Revenue (Higher Education Trust Fund) | 5.000% | 6/15/24 | | 4,640 | | 5,278 |
111
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| New Jersey Educational Facilities Authority Revenue (Higher Education Trust Fund) | 5.000% | 6/15/25 | | 4,000 | | 4,527 |
| New Jersey Educational Facilities Authority Revenue (Montclair State University) | 5.000% | 7/1/25 | | 1,685 | | 2,012 |
| New Jersey Educational Facilities Authority Revenue (Princeton University) | 5.000% | 7/1/23 | | 3,125 | | 3,554 |
| New Jersey Educational Facilities Authority Revenue (Seton Hall University) | 5.000% | 7/1/21 | | 440 | | 466 |
| New Jersey Educational Facilities Authority Revenue (Stockton University) | 5.000% | 7/1/25 | (15) | 1,790 | | 2,108 |
| New Jersey Health Care Facilities Financing Authority Lease Revenue (Greystone Park Psychiatric Hospital Project | 5.000% | 9/15/24 | | 8,000 | | 8,944 |
| New Jersey Health Care Facilities Financing Authority Revenue (Barnabas Health) | 4.500% | 7/1/21 | (Prere.) | 3,550 | | 3,741 |
| New Jersey Health Care Facilities Financing Authority Revenue (Barnabas Health) | 5.000% | 7/1/23 | | 2,710 | | 2,974 |
| New Jersey Health Care Facilities Financing Authority Revenue (Barnabas Health) | 5.000% | 7/1/24 | | 1,030 | | 1,197 |
| New Jersey Health Care Facilities Financing Authority Revenue (Barnabas Health) | 5.000% | 7/1/25 | | 1,900 | | 2,263 |
| New Jersey Health Care Facilities Financing Authority Revenue (Barnabas Health) | 5.000% | 7/1/26 | | 2,170 | | 2,638 |
| New Jersey Health Care Facilities Financing Authority Revenue (Barnabas Health) PUT | 5.000% | 7/1/25 | | 15,000 | | 17,879 |
| New Jersey Health Care Facilities Financing Authority Revenue (Barnabas Health) PUT | 5.000% | 7/1/26 | | 7,000 | | 8,532 |
| New Jersey Health Care Facilities Financing Authority Revenue (Hackensack Meridian Health) | 5.000% | 7/1/21 | | 2,120 | | 2,249 |
| New Jersey Health Care Facilities Financing Authority Revenue (Holy Name Medical Center) | 5.000% | 7/1/25 | | 2,100 | | 2,147 |
| New Jersey Health Care Facilities Financing Authority Revenue (Hospital Asset Transformation Program) | 5.000% | 10/1/20 | | 700 | | 721 |
| New Jersey Health Care Facilities Financing Authority Revenue (Hospital Asset Transformation Program) | 5.000% | 10/1/21 | | 1,250 | | 1,332 |
| New Jersey Health Care Facilities Financing Authority Revenue (Hospital Asset Transformation Program) | 5.000% | 10/1/22 | | 1,500 | | 1,643 |
| New Jersey Health Care Facilities Financing Authority Revenue (Hospital Asset Transformation Program) | 5.000% | 10/1/24 | | 3,380 | | 3,871 |
| New Jersey Health Care Facilities Financing Authority Revenue (Inspira Health Obligated Group) | 4.000% | 7/1/20 | | 140 | | 143 |
| New Jersey Health Care Facilities Financing Authority Revenue (Inspira Health Obligated Group) | 5.000% | 7/1/21 | | 220 | | 234 |
| New Jersey Health Care Facilities Financing Authority Revenue (Inspira Health Obligated Group) | 5.000% | 7/1/22 | | 300 | | 329 |
| New Jersey Health Care Facilities Financing Authority Revenue (Inspira Health Obligated Group) | 5.000% | 7/1/23 | | 240 | | 271 |
| New Jersey Health Care Facilities Financing Authority Revenue (Inspira Health Obligated Group) | 5.000% | 7/1/24 | | 3,000 | | 3,477 |
| New Jersey Health Care Facilities Financing Authority Revenue (Inspira Health Obligated Group) | 5.000% | 7/1/24 | | 300 | | 348 |
| New Jersey Health Care Facilities Financing Authority Revenue (Inspira Health Obligated Group) | 5.000% | 7/1/25 | | 250 | | 297 |
| New Jersey Health Care Facilities Financing Authority Revenue (Inspira Health Obligated Group) | 5.000% | 7/1/26 | | 2,400 | | 2,911 |
| New Jersey Health Care Facilities Financing Authority Revenue (Princeton Healthcare System) | 5.000% | 7/1/21 | | 1,000 | | 1,062 |
| New Jersey Health Care Facilities Financing Authority Revenue (Princeton Healthcare System) | 5.000% | 7/1/22 | | 1,500 | | 1,648 |
| New Jersey Health Care Facilities Financing Authority Revenue (Princeton Healthcare System) | 5.000% | 7/1/23 | | 2,000 | | 2,265 |
| New Jersey Health Care Facilities Financing Authority Revenue (St. Joseph’s Healthcare System) | 4.000% | 7/1/20 | | 1,000 | | 1,015 |
| New Jersey Health Care Facilities Financing Authority Revenue (St. Joseph’s Healthcare System) | 5.000% | 7/1/21 | | 1,000 | | 1,053 |
| New Jersey Health Care Facilities Financing Authority Revenue (St. Joseph’s Healthcare System) | 5.000% | 7/1/22 | | 1,500 | | 1,625 |
| New Jersey Health Care Facilities Financing Authority Revenue (St. Joseph’s Healthcare System) | 5.000% | 7/1/23 | | 3,000 | | 3,337 |
| New Jersey Health Care Facilities Financing Authority Revenue (St. Peter’s University Hospital Obligated Group) | 5.000% | 7/1/20 | | 1,000 | | 1,016 |
| New Jersey Health Care Facilities Financing Authority Revenue (St Joseph’s Healthcare System Obligated Group) | 5.000% | 7/1/26 | | 1,555 | | 1,842 |
| New Jersey Health Care Facilities Financing Authority Revenue (St. Peter’s University Hospital Obligated Group) | 5.000% | 7/1/21 | | 325 | | 338 |
| New Jersey Health Care Facilities Financing Authority Revenue (Trinitas Hospital Obligated Group) | 5.000% | 7/1/23 | | 955 | | 1,067 |
| New Jersey Health Care Facilities Financing Authority Revenue (University Hospital) | 5.000% | 7/1/21 | (4) | 1,000 | | 1,055 |
| New Jersey Health Care Facilities Financing Authority Revenue (University Hospital) | 5.000% | 7/1/25 | (4) | 2,380 | | 2,789 |
| New Jersey Health Care Facilities Financing Authority Revenue (University Hospital) | 5.000% | 7/1/26 | (4) | 1,800 | | 2,103 |
| New Jersey Higher Education Assistance Authority Student Loan Revenue | 5.000% | 12/1/25 | | 4,700 | | 5,645 |
| New Jersey Higher Education Assistance Authority Student Loan Revenue | 5.000% | 12/1/26 | | 2,700 | | 3,312 |
| New Jersey Higher Education Assistance Authority Student Loan Revenue | 2.375% | 12/1/29 | | 12,920 | | 13,039 |
| New Jersey Housing & Mortgage Finance Agency Multi-Family Housing Revenue (Garden Spires Urban Renewal LP) PUT | 2.020% | 8/1/20 | | 4,680 | | 4,701 |
| New Jersey Housing & Mortgage Finance Agency Multi-Family Housing Revenue (GK Preservation LLC) PUT | 2.450% | 10/1/20 | | 3,750 | | 3,784 |
| New Jersey Housing & Mortgage Finance Agency Multi-Family Housing Revenue (Pilgrim Baptist Village I & II Project) PUT | 1.500% | 9/1/21 | | 2,900 | | 2,906 |
| New Jersey Housing & Mortgage Finance Agency Single Family Housing Revenue | 4.500% | 10/1/48 | | 19,500 | | 21,614 |
| New Jersey Sports & Exposition Authority Revenue | 5.000% | 9/1/20 | | 625 | | 641 |
| New Jersey Sports & Exposition Authority Revenue | 5.000% | 9/1/21 | | 2,000 | | 2,127 |
| New Jersey Sports & Exposition Authority Revenue | 5.000% | 9/1/22 | | 3,250 | | 3,551 |
| New Jersey Sports & Exposition Authority Revenue | 5.000% | 9/1/23 | | 5,460 | | 6,115 |
| New Jersey Sports & Exposition Authority Revenue | 5.250% | 12/15/23 | (4) | 4,315 | | 4,954 |
| New Jersey Sports & Exposition Authority Revenue | 5.000% | 9/1/24 | | 11,270 | | 12,883 |
| New Jersey Sports & Exposition Authority Revenue | 5.000% | 9/1/25 | | 1,465 | | 1,701 |
| New Jersey Transportation Corp. GAN | 5.000% | 9/15/20 | | 22,550 | | 23,254 |
| New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue | 4.000% | 6/15/20 | | 300 | | 305 |
| New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue | 5.000% | 6/15/20 | | 18,660 | | 19,066 |
| New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue | 5.000% | 6/15/21 | | 9,075 | | 9,588 |
| New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue | 5.000% | 6/15/21 | | 5,000 | | 5,283 |
112
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue | 5.000% | 6/15/22 | | 10,050 | | 10,942 |
| New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue | 5.000% | 6/15/22 | | 8,335 | | 9,075 |
| New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue | 5.000% | 6/15/23 | | 10,125 | | 11,332 |
| New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue | 5.000% | 6/15/23 | | 8,250 | | 9,233 |
| New Jersey Transportation Trust Fund Authority Federal Highway Reimbursement Revenue | 5.000% | 6/15/24 | | 5,000 | | 5,737 |
| New Jersey Transportation Trust Fund Authority Revenue | 5.250% | 12/15/22 | (4) | 1,125 | | 1,256 |
| New Jersey Transportation Trust Fund Authority Revenue | 5.000% | 12/15/24 | | 5,000 | | 5,765 |
| New Jersey Transportation Trust Fund Authority Revenue | 5.000% | 6/15/25 | | 1,110 | | 1,231 |
| New Jersey Transportation Trust Fund Authority Revenue | 5.000% | 12/15/25 | | 14,000 | | 16,385 |
| New Jersey Transportation Trust Fund Authority Revenue | 4.250% | 6/15/26 | | 190 | | 209 |
| New Jersey Transportation Trust Fund Authority Transportation Program Revenue | 5.000% | 6/15/20 | | 11,000 | | 11,235 |
| New Jersey Transportation Trust Fund Authority Transportation Program Revenue | 5.000% | 6/15/21 | | 12,550 | | 13,250 |
| New Jersey Transportation Trust Fund Authority Transportation Program Revenue | 5.000% | 6/15/21 | | 1,295 | | 1,367 |
| New Jersey Transportation Trust Fund Authority Transportation Program Revenue | 5.000% | 6/15/22 | | 2,890 | | 3,143 |
| New Jersey Transportation Trust Fund Authority Transportation Program Revenue | 5.000% | 6/15/23 | | 2,500 | | 2,789 |
1 | New Jersey Transportation Trust Fund Authority Transportation Program Revenue PUT, SIFMA Municipal Swap Index Yield + 1.200% | 2.320% | 12/15/21 | | 24,000 | | 24,139 |
| New Jersey Transportation Trust Fund Authority Transportation System Revenue | 4.000% | 12/15/19 | | 850 | | 852 |
| New Jersey Transportation Trust Fund Authority Transportation System Revenue | 5.000% | 12/15/19 | | 31,245 | | 31,369 |
| New Jersey Transportation Trust Fund Authority Transportation System Revenue | 5.250% | 12/15/19 | | 200 | | 201 |
| New Jersey Transportation Trust Fund Authority Transportation System Revenue | 5.000% | 6/15/20 | | 14,635 | | 14,947 |
| New Jersey Transportation Trust Fund Authority Transportation System Revenue | 5.250% | 12/15/20 | (4) | 5,000 | | 5,211 |
| New Jersey Transportation Trust Fund Authority Transportation System Revenue | 5.250% | 12/15/20 | (4) | 5,800 | | 6,045 |
| New Jersey Transportation Trust Fund Authority Transportation System Revenue | 5.250% | 12/15/21 | | 970 | | 1,046 |
| New Jersey Transportation Trust Fund Authority Transportation System Revenue | 5.250% | 12/15/22 | | 3,750 | | 4,166 |
| New Jersey Transportation Trust Fund Authority Transportation System Revenue | 5.250% | 12/15/22 | (2) | 1,135 | | 1,262 |
| New Jersey Transportation Trust Fund Authority Transportation System Revenue | 5.250% | 12/15/22 | (2) | 5,445 | | 6,053 |
| New Jersey Transportation Trust Fund Authority Transportation System Revenue | 5.500% | 12/15/22 | (14) | 22,000 | | 24,621 |
| New Jersey Transportation Trust Fund Authority Transportation System Revenue | 5.500% | 12/15/22 | (4) | 4,175 | | 4,691 |
| New Jersey Transportation Trust Fund Authority Transportation System Revenue | 5.750% | 6/15/23 | (14) | 4,000 | | 4,574 |
| New Jersey Transportation Trust Fund Authority Transportation System Revenue | 5.000% | 12/15/23 | | 475 | | 537 |
| New Jersey Transportation Trust Fund Authority Transportation System Revenue | 5.250% | 12/15/23 | (2) | 230 | | 262 |
| New Jersey Transportation Trust Fund Authority Transportation System Revenue | 5.250% | 12/15/23 | | 100 | | 114 |
| New Jersey Transportation Trust Fund Authority Transportation System Revenue | 0.000% | 12/15/25 | (2) | 1,810 | | 1,581 |
| New Jersey Transportation Trust Fund Authority Transportation System Revenue | 0.000% | 12/15/26 | | 10,000 | | 8,390 |
4 | New Jersey Transportation Trust Fund Authority Transportation System Revenue TOB VRDO | 1.320% | 11/7/19 | (2)LOC | 18,331 | | 18,331 |
| New Jersey Turnpike Authority Revenue | 5.000% | 1/1/20 | (ETM) | 145 | | 146 |
| New Jersey Turnpike Authority Revenue | 5.000% | 1/1/20 | | 620 | | 624 |
| New Jersey Turnpike Authority Revenue | 5.000% | 1/1/21 | | 1,000 | | 1,044 |
| New Jersey Turnpike Authority Revenue | 5.000% | 1/1/25 | | 3,540 | | 4,193 |
1 | New Jersey Turnpike Authority Revenue PUT, 70% of 1M USD LIBOR + 0.460% | 1.882% | 1/1/21 | | 22,065 | | 22,087 |
4 | New Jersey Turnpike Authority Revenue TOB VRDO | 1.270% | 11/7/19 | | 6,000 | | 6,000 |
1 | New Jersey Turnpike Authority Revenue, 70% of 1M USD LIBOR + 0.340% | 1.762% | 1/1/21 | | 2,500 | | 2,502 |
1 | New Jersey Turnpike Authority Revenue, 70% of 1M USD LIBOR + 0.480% | 1.902% | 1/1/22 | | 3,495 | | 3,505 |
1 | New Jersey Turnpike Authority Revenue, 70% of 1M USD LIBOR + 0.480% | 1.902% | 1/1/22 | | 4,530 | | 4,543 |
| North Hudson NJ Sewerage Authority Revenue | 0.000% | 8/1/25 | (14)(ETM) | 9,000 | | 8,208 |
| Ocean City NJ General Improvement GO | 4.000% | 9/15/26 | | 2,780 | | 3,244 |
| Plainfield NJ Board of Education GO | 5.000% | 8/1/26 | (15) | 2,115 | | 2,585 |
| Rutgers State University New Jersey Revenue | 5.000% | 5/1/20 | | 2,000 | | 2,038 |
| South Jersey Transportation Authority New Jersey Transportation System Revenue | 5.000% | 11/1/20 | | 805 | | 833 |
| South Jersey Transportation Authority New Jersey Transportation System Revenue | 5.000% | 11/1/20 | | 2,145 | | 2,218 |
| South Jersey Transportation Authority New Jersey Transportation System Revenue | 5.000% | 11/1/21 | | 850 | | 907 |
| South Jersey Transportation Authority New Jersey Transportation System Revenue | 5.000% | 11/1/22 | | 895 | | 984 |
| South Jersey Transportation Authority New Jersey Transportation System Revenue | 5.000% | 11/1/23 | | 935 | | 1,056 |
| South Jersey Transportation Authority New Jersey Transportation System Revenue | 5.000% | 11/1/24 | (4) | 485 | | 565 |
| South Jersey Transportation Authority New Jersey Transportation System Revenue | 5.000% | 11/1/25 | (4) | 530 | | 632 |
| South Jersey Transportation Authority New Jersey Transportation System Revenue | 5.000% | 11/1/26 | (4) | 1,090 | | 1,322 |
| Sparta Township NJ Board of Education GO | 5.000% | 2/15/21 | | 1,030 | | 1,080 |
| Tobacco Settlement Financing Corp. New Jersey Revenue | 5.000% | 6/1/20 | | 2,030 | | 2,070 |
| Tobacco Settlement Financing Corp. New Jersey Revenue | 5.000% | 6/1/21 | | 3,550 | | 3,740 |
| Tobacco Settlement Financing Corp. New Jersey Revenue | 5.000% | 6/1/22 | | 3,500 | | 3,799 |
| Tobacco Settlement Financing Corp. New Jersey Revenue | 5.000% | 6/1/23 | | 3,025 | | 3,373 |
| Tobacco Settlement Financing Corp. New Jersey Revenue | 5.000% | 6/1/24 | | 8,010 | | 9,163 |
| Tobacco Settlement Financing Corp. New Jersey Revenue | 5.000% | 6/1/25 | | 11,140 | | 13,039 |
| Tobacco Settlement Financing Corp. New Jersey Revenue | 3.200% | 6/1/27 | | 16,995 | | 17,364 |
| Toms River NJ Board of Education GO | 2.000% | 7/15/27 | | 1,810 | | 1,813 |
| Trenton NJ GO | 4.000% | 7/15/22 | (4) | 2,080 | | 2,220 |
| Trenton NJ GO | 4.000% | 7/15/23 | (4) | 1,555 | | 1,682 |
| Trenton NJ GO | 5.000% | 8/1/23 | (4) | 705 | | 790 |
| Trenton NJ GO | 5.000% | 8/1/24 | (4) | 695 | | 799 |
| Trenton NJ GO | 5.000% | 8/1/25 | (4) | 1,650 | | 1,944 |
113
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Union County NJ GO | 5.000% | 2/15/21 | | 5,615 | | 5,891 |
| Union County NJ GO | 5.000% | 2/15/22 | | 6,275 | | 6,825 |
| | | | | | | 1,104,393 |
New Mexico (0.9%) | | | | | | |
| Albuquerque Bernalillo County NM Water Utility Authority Revenue | 5.000% | 7/1/20 | | 2,000 | | 2,051 |
| Albuquerque Bernalillo County NM Water Utility Authority Revenue | 5.000% | 7/1/20 | | 3,225 | | 3,307 |
| Albuquerque NM Municipal School District No. 12 GO | 5.000% | 8/1/20 | | 1,800 | | 1,851 |
| Albuquerque NM Municipal School District No. 12 GO | 5.000% | 8/1/20 | | 6,695 | | 6,885 |
| Albuquerque NM Municipal School District No. 12 GO | 5.000% | 8/1/21 | | 1,130 | | 1,205 |
| Albuquerque NM Municipal School District No. 12 GO | 5.000% | 8/1/21 | | 5,450 | | 5,813 |
| New Mexico Finance Authority Revenue | 5.000% | 6/15/24 | | 1,845 | | 2,157 |
| New Mexico Finance Authority Revenue | 5.000% | 6/1/25 | | 1,475 | | 1,768 |
| New Mexico Finance Authority Revenue | 5.000% | 6/15/25 | | 1,110 | | 1,332 |
| New Mexico Finance Authority Revenue | 5.000% | 6/1/26 | | 3,385 | | 4,149 |
| New Mexico Finance Authority Transportation Revenue | 5.000% | 6/15/22 | | 3,750 | | 4,118 |
| New Mexico Finance Authority Transportation Revenue | 5.000% | 6/15/23 | | 29,695 | | 33,683 |
| New Mexico Finance Authority Transportation Revenue | 5.000% | 6/15/24 | | 99,540 | | 116,389 |
| New Mexico Finance Authority Transportation Revenue | 4.000% | 6/15/25 | | 13,765 | | 14,705 |
| New Mexico Finance Authority Transportation Revenue | 5.000% | 6/15/25 | | 9,205 | | 11,046 |
| New Mexico Hospital Equipment Loan Council Hospital System Revenue (Presbyterian Healthcare Services) | 5.000% | 8/1/21 | | 1,640 | | 1,746 |
| New Mexico Municipal Energy Acquisition Authority Gas Supply Revenue PUT | 5.000% | 5/1/25 | | 53,040 | | 62,047 |
5 | Santa Fe NM Retirement Facilities Revenue (El Castillo Retirement Project) | 2.250% | 5/15/24 | | 300 | | 300 |
| | | | | | | 274,552 |
New York (12.5%) | | | | | | |
5 | Albany County NY GO | 5.000% | 11/1/22 | | 965 | | 1,040 |
5 | Albany County NY GO | 5.000% | 11/1/23 | | 765 | | 850 |
5 | Albany County NY GO | 5.000% | 11/1/24 | | 795 | | 908 |
| Amherst NY Development Corp. Student Housing Facility Revenue | 5.000% | 10/1/21 | | 500 | | 536 |
| Amherst NY Development Corp. Student Housing Facility Revenue | 5.000% | 10/1/22 | | 1,000 | | 1,106 |
| Amherst NY Development Corp. Student Housing Facility Revenue | 5.000% | 10/1/24 | (4) | 1,000 | | 1,172 |
| Brookhaven NY Local Development Corp. Revenue (Jefferson’s Ferry Project) | 5.000% | 11/1/22 | | 500 | | 543 |
| Brookhaven NY Local Development Corp. Revenue (Jefferson’s Ferry Project) | 5.000% | 11/1/23 | | 600 | | 666 |
| Brooklyn NY Local Development Corp. PILOT Revenue (Brooklyn Events Center) | 5.000% | 7/15/21 | | 1,400 | | 1,481 |
| Brooklyn NY Local Development Corp. PILOT Revenue (Brooklyn Events Center) | 5.000% | 7/15/22 | | 2,275 | | 2,476 |
| Brooklyn NY Local Development Corp. PILOT Revenue (Brooklyn Events Center) | 5.000% | 7/15/23 | | 2,970 | | 3,319 |
| Brooklyn NY Local Development Corp. PILOT Revenue (Brooklyn Events Center) | 5.000% | 7/15/24 | | 2,130 | | 2,435 |
| Brooklyn NY Local Development Corp. PILOT Revenue (Brooklyn Events Center) | 5.000% | 7/15/25 | | 2,000 | | 2,336 |
| Brooklyn NY Local Development Corp. PILOT Revenue (Brooklyn Events Center) | 5.000% | 7/15/27 | | 4,250 | | 5,067 |
| Buffalo & Erie County NY Industrial Land Development Corp. Revenue | 5.000% | 11/15/20 | | 1,265 | | 1,303 |
| Buffalo & Erie County NY Industrial Land Development Corp. Revenue | 5.000% | 11/15/21 | | 1,355 | | 1,434 |
| Buffalo & Erie County NY Industrial Land Development Corp. Revenue | 5.000% | 7/1/26 | | 450 | | 533 |
| Buffalo & Erie County NY Industrial Land Development Corp. Revenue (Catholic Health System Obligated Group) | 5.000% | 7/1/24 | | 1,055 | | 1,220 |
| Copiague NY Union Free School District GO | 2.000% | 6/25/20 | | 12,500 | | 12,562 |
| Dutchess County NY Local Development Corp. Revenue (Culinary Institute of America Project) | 5.000% | 7/1/20 | | 1,000 | | 1,024 |
| Dutchess County NY Local Development Corp. Revenue (Culinary Institute of America Project) | 5.000% | 7/1/21 | | 300 | | 317 |
| Dutchess County NY Local Development Corp. Revenue (Culinary Institute of America Project) | 5.000% | 7/1/22 | | 300 | | 327 |
| Dutchess County NY Local Development Corp. Revenue (Culinary Institute of America Project) | 5.000% | 7/1/23 | | 350 | | 393 |
| Dutchess County NY Local Development Corp. Revenue (Culinary Institute of America Project) | 5.000% | 7/1/24 | | 350 | | 403 |
| Elwood NY Union Free School District TANS | 2.000% | 6/26/20 | | 6,750 | | 6,785 |
| Geneva NY BAN | 2.500% | 5/7/20 | | 10,422 | | 10,484 |
| Hempstead NY Local Development Corp. Revenue (Molloy College) | 5.000% | 7/1/21 | | 430 | | 455 |
| Hempstead NY Local Development Corp. Revenue (Molloy College) | 5.000% | 7/1/21 | | 250 | | 265 |
| Hempstead NY Local Development Corp. Revenue (Molloy College) | 5.000% | 7/1/22 | | 265 | | 290 |
| Hempstead NY Local Development Corp. Revenue (Molloy College) | 5.000% | 7/1/23 | | 1,435 | | 1,612 |
| Hempstead NY Local Development Corp. Revenue (Molloy College) | 5.000% | 7/1/23 | | 275 | | 309 |
| Hempstead NY Local Development Corp. Revenue (Molloy College) | 5.000% | 7/1/24 | | 290 | | 334 |
| Hempstead NY Local Development Corp. Revenue (Molloy College) | 5.000% | 7/1/25 | | 800 | | 941 |
| Hempstead NY Local Development Corp. Revenue (Molloy College) | 5.000% | 7/1/25 | | 305 | | 359 |
| Hempstead NY Local Development Corp. Revenue (Molloy College) | 5.000% | 7/1/26 | | 320 | | 383 |
| Hempstead NY Local Development Corp. Revenue (Molloy College) | 5.000% | 7/1/27 | | 335 | | 408 |
| Long Island NY Power Authority Electric System Revenue | 5.000% | 9/1/20 | | 1,295 | | 1,336 |
| Long Island NY Power Authority Electric System Revenue | 5.000% | 9/1/21 | | 1,295 | | 1,386 |
| Long Island NY Power Authority Electric System Revenue | 5.000% | 9/1/21 | | 1,000 | | 1,070 |
| Long Island NY Power Authority Electric System Revenue | 5.000% | 9/1/22 | | 750 | | 829 |
| Long Island NY Power Authority Electric System Revenue | 5.000% | 9/1/22 | | 2,055 | | 2,271 |
| Long Island NY Power Authority Electric System Revenue | 5.000% | 9/1/23 | | 1,010 | | 1,150 |
| Long Island NY Power Authority Electric System Revenue | 5.000% | 9/1/24 | | 750 | | 879 |
| Long Island NY Power Authority Electric System Revenue | 0.000% | 12/1/26 | (4) | 2,375 | | 2,080 |
| Long Island NY Power Authority Electric System Revenue PUT | 1.650% | 9/1/24 | | 45,000 | | 45,098 |
114
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Metropolitan Transportation Authority NY BAN | 4.000% | 9/1/20 | | 43,520 | | 44,455 |
| Metropolitan Transportation Authority NY BAN | 5.000% | 9/1/20 | | 4,825 | | 4,968 |
| Metropolitan Transportation Authority NY BAN | 5.000% | 5/15/21 | | 2,075 | | 2,186 |
| Metropolitan Transportation Authority NY BAN | 5.000% | 5/15/21 | | 36,425 | | 38,369 |
| Metropolitan Transportation Authority NY BAN | 5.000% | 9/1/21 | | 62,800 | | 66,800 |
| Metropolitan Transportation Authority NY BAN | 5.000% | 5/15/22 | | 102,685 | | 111,548 |
| Metropolitan Transportation Authority NY Revenue | 5.000% | 11/15/30 | | 4,025 | | 4,427 |
| Metropolitan Transportation Authority NY Revenue PUT | 5.000% | 11/15/22 | | 42,760 | | 47,321 |
| Metropolitan Transportation Authority NY Revenue PUT | 5.000% | 11/8/19 | | 6,000 | | 7,005 |
1 | Metropolitan Transportation Authority NY Revenue PUT, 67% of 1M USD LIBOR + 0.650% | 2.011% | 7/1/21 | | 38,310 | | 38,453 |
1 | Metropolitan Transportation Authority NY Revenue PUT, 69% of 1M USD LIBOR + 0.300% | 1.702% | 4/1/21 | (4) | 33,375 | | 33,378 |
1 | Metropolitan Transportation Authority NY Revenue PUT, SIFMA Municipal Swap Index Yield + 0.500% | 1.620% | 3/1/22 | | 14,125 | | 14,126 |
5 | Metropolitan Transportation Authority NY Revenue VRDO | 5.000% | 11/8/19 | | 20,000 | | 23,223 |
| Monroe County NY Industrial Development Agency School Facility Revenue (Rochester Schools Modernization Project) | 5.000% | 5/1/24 | | 1,400 | | 1,636 |
| Monroe County NY Industrial Development Agency School Facility Revenue (Rochester Schools Modernization Project) | 5.000% | 5/1/25 | | 1,700 | | 2,044 |
| Monroe County NY Industrial Development Corp. Revenue (University of Rochester Project) | 5.000% | 7/1/21 | | 745 | | 794 |
| Monroe County NY Industrial Development Corp. Revenue (University of Rochester Project) | 5.000% | 7/1/21 | | 1,350 | | 1,439 |
| Monroe County NY Industrial Development Corp. Revenue (University of Rochester Project) | 5.000% | 7/1/22 | | 480 | | 529 |
| Monroe County NY Industrial Development Corp. Revenue (University of Rochester Project) | 5.000% | 7/1/22 | | 1,930 | | 2,129 |
| Monroe County NY Industrial Development Corp. Revenue (University of Rochester Project) | 5.000% | 7/1/23 | | 1,100 | | 1,254 |
| Monroe County NY Industrial Development Corp. Revenue (University of Rochester Project) | 5.000% | 7/1/23 | | 1,115 | | 1,271 |
| Monroe County NY Industrial Development Corp. Revenue (University of Rochester Project) | 5.000% | 7/1/25 | | 720 | | 873 |
| Monroe County NY Industrial Development Corp. Revenue (University of Rochester Project) | 5.000% | 7/1/25 | | 400 | | 485 |
| Nassau County NY GO | 5.000% | 4/1/20 | | 14,340 | | 14,561 |
| Nassau County NY GO | 5.000% | 4/1/21 | | 11,075 | | 11,659 |
| Nassau County NY GO | 5.000% | 1/1/22 | | 9,685 | | 10,467 |
| Nassau County NY GO | 5.000% | 7/1/25 | (4) | 1,860 | | 2,227 |
| Nassau County NY GO | 5.000% | 7/1/26 | (4) | 1,000 | | 1,224 |
| Nassau County NY Local Economic Assistance & Financing Corp. Revenue (Catholic Health Services) | 5.000% | 7/1/20 | | 4,670 | | 4,777 |
| Nassau County NY Local Economic Assistance & Financing Corp. Revenue (South Nassau Communities Hospital) | 5.000% | 7/1/20 | | 1,660 | | 1,698 |
| Nassau County NY Local Economic Assistance & Financing Corp. Revenue (Winthrop University Hospital Association Project) | 5.000% | 7/1/20 | | 170 | | 174 |
| Nassau County NY Local Economic Assistance Corp. Revenue (Catholic Health Services of Long Island Obligated Group Project) | 5.000% | 7/1/21 | | 1,865 | | 1,971 |
| New York City Health & Hospital Corp. Revenue | 5.000% | 2/15/22 | | 1,900 | | 1,921 |
| New York City NY Build NYC Resource Corp. Revenue (Ethical Culture Fieldston Project) | 5.000% | 6/1/20 | | 600 | | 613 |
| New York City NY Build NYC Resource Corp. Revenue (Ethical Culture Fieldston Project) | 5.000% | 6/1/21 | | 1,000 | | 1,058 |
| New York City NY Build NYC Resource Corp. Revenue (Ethical Culture Fieldston Project) | 5.000% | 6/1/22 | | 810 | | 883 |
| New York City NY GO | 5.000% | 8/1/20 | | 4,500 | | 4,629 |
| New York City NY GO | 5.000% | 8/1/20 | | 20,000 | | 20,571 |
| New York City NY GO | 5.000% | 8/1/20 | | 15,475 | | 15,917 |
| New York City NY GO | 5.000% | 10/1/20 | | 4,375 | | 4,528 |
| New York City NY GO | 5.000% | 8/1/21 | | 12,195 | | 13,000 |
| New York City NY GO | 5.000% | 8/1/21 | | 2,040 | | 2,175 |
| New York City NY GO | 5.000% | 8/1/21 | | 4,000 | | 4,264 |
| New York City NY GO | 5.000% | 8/1/21 | | 6,240 | | 6,652 |
| New York City NY GO | 5.000% | 8/1/21 | | 10,000 | | 10,660 |
| New York City NY GO | 5.000% | 8/1/21 | | 5,890 | | 6,279 |
| New York City NY GO | 5.000% | 8/1/21 | | 17,280 | | 18,420 |
| New York City NY GO | 5.000% | 8/1/21 | | 9,150 | | 9,754 |
| New York City NY GO | 5.000% | 8/1/21 | | 23,000 | | 24,518 |
| New York City NY GO | 5.000% | 8/1/21 | | 11,990 | | 12,781 |
| New York City NY GO | 5.000% | 8/1/22 | | 40,950 | | 45,185 |
| New York City NY GO | 5.000% | 8/1/22 | | 1,510 | | 1,666 |
| New York City NY GO | 5.000% | 8/1/22 | | 4,050 | | 4,469 |
| New York City NY GO | 5.000% | 8/1/22 | | 14,715 | | 16,237 |
| New York City NY GO | 5.000% | 8/1/22 | | 4,435 | | 4,894 |
| New York City NY GO | 5.000% | 8/1/22 | | 5,085 | | 5,611 |
| New York City NY GO | 5.000% | 8/1/22 | | 12,980 | | 14,323 |
| New York City NY GO | 5.000% | 8/1/22 | | 6,165 | | 6,803 |
| New York City NY GO | 5.000% | 8/1/22 | | 23,580 | | 26,019 |
| New York City NY GO | 5.000% | 8/1/23 | | 10,030 | | 11,419 |
| New York City NY GO | 5.000% | 8/1/23 | | 14,930 | | 16,997 |
| New York City NY GO | 5.000% | 8/1/23 | | 2,455 | | 2,795 |
| New York City NY GO | 5.000% | 8/1/23 | | 20,105 | | 22,888 |
| New York City NY GO | 5.000% | 8/1/23 | | 21,030 | | 23,941 |
115
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| New York City NY GO | 5.000% | 8/1/23 | | 31,445 | | 35,798 |
| New York City NY GO | 5.000% | 8/1/24 | | 3,565 | | 4,179 |
| New York City NY GO | 5.000% | 8/1/24 | | 3,335 | | 3,909 |
| New York City NY GO | 5.000% | 8/1/24 | | 6,330 | | 7,420 |
| New York City NY GO | 5.000% | 8/1/24 | | 5,565 | | 6,523 |
| New York City NY GO | 5.000% | 8/1/24 | | 32,670 | | 38,294 |
| New York City NY GO | 5.000% | 8/1/24 | | 1,215 | | 1,424 |
| New York City NY GO | 5.000% | 8/1/24 | | 43,705 | | 51,228 |
| New York City NY GO | 5.000% | 8/1/25 | | 3,285 | | 3,956 |
| New York City NY GO | 5.000% | 8/1/25 | | 4,010 | | 4,553 |
| New York City NY GO | 5.000% | 8/1/25 | | 1,755 | | 1,992 |
| New York City NY GO | 5.000% | 8/1/25 | | 2,300 | | 2,770 |
| New York City NY GO | 5.000% | 8/1/25 | | 22,880 | | 27,552 |
| New York City NY GO | 5.000% | 8/1/25 | | 49,430 | | 59,523 |
| New York City NY GO | 5.000% | 8/1/26 | | 9,610 | | 10,571 |
| New York City NY GO | 5.000% | 8/1/26 | | 3,000 | | 3,693 |
| New York City NY GO | 5.000% | 8/1/26 | | 4,810 | | 5,291 |
| New York City NY GO | 5.000% | 8/1/27 | | 5,770 | | 6,241 |
| New York City NY GO | 5.000% | 8/1/27 | | 9,990 | | 10,983 |
| New York City NY GO PUT | 5.000% | 2/1/24 | | 30,000 | | 33,899 |
4 | New York City NY GO TOB VRDO | 1.370% | 11/1/19 | LOC | 20,835 | | 20,835 |
| New York City NY GO VRDO | 1.300% | 11/1/19 | | 3,500 | | 3,500 |
| New York City NY GO VRDO | 1.300% | 11/1/19 | | 8,150 | | 8,150 |
| New York City NY GO VRDO | 1.380% | 11/1/19 | | 20,000 | | 20,000 |
| New York City NY Health & Hospital Corp. Revenue (Health System) | 5.000% | 2/15/21 | | 3,075 | | 3,227 |
| New York City NY Health & Hospital Corp. Revenue (Health System) | 5.000% | 2/15/25 | | 12,625 | | 12,759 |
| New York City NY Housing Development Corp. Multi-Family Housing Revenue | 5.000% | 7/1/20 | | 4,760 | | 4,879 |
| New York City NY Housing Development Corp. Multi-Family Housing Revenue | 1.700% | 7/1/21 | | 8,350 | | 8,352 |
| New York City NY Housing Development Corp. Multi-Family Housing Revenue | 2.350% | 7/1/22 | | 17,250 | | 17,468 |
| New York City NY Housing Development Corp. Multi-Family Housing Revenue (Sustainable Neighborhood) | 2.350% | 7/1/22 | | 3,800 | | 3,850 |
| New York City NY Housing Development Corp. Multi-Family Housing Revenue (Sustainable Neighborhood) PUT | 1.750% | 7/3/23 | | 11,125 | | 11,165 |
| New York City NY Housing Development Corp. Multi-Family Housing Revenue (Sustainable Neighborhood) PUT | 2.100% | 7/3/23 | | 1,750 | | 1,771 |
| New York City NY Housing Development Corp. Multi-Family Housing Revenue (Sustainable Neighborhood) PUT | 2.750% | 12/29/23 | | 42,500 | | 44,165 |
| New York City NY Housing Development Corp. Multi-Family Housing Revenue (Sustainable Neighborhood) PUT | 2.750% | 12/29/23 | | 3,950 | | 4,105 |
| New York City NY Housing Development Corp. Sustainable Neighborhood Revenue | 1.375% | 5/1/20 | | 5,750 | | 5,751 |
| New York City NY Housing Development Corp. Sustainable Neighborhood Revenue PUT | 1.450% | 4/29/20 | | 3,215 | | 3,215 |
| New York City NY Housing Development Corp. Sustainable Neighborhood Revenue PUT | 2.000% | 12/31/21 | | 7,750 | | 7,784 |
| New York City NY Industrial Development Agency PILOT Revenue (Yankee Stadium Project) | 0.000% | 3/1/26 | (12) | 5,000 | | 4,431 |
| New York City NY Municipal Water Finance Authority Water & Sewer System Revenue | 5.000% | 6/15/24 | | 3,205 | | 3,765 |
| New York City NY Municipal Water Finance Authority Water & Sewer System Revenue | 5.000% | 6/15/26 | | 20,000 | | 23,705 |
| New York City NY Sales Tax Asset Receivable Corp. Revenue | 5.000% | 10/15/21 | | 19,665 | | 21,186 |
| New York City NY Transitional Finance Authority Building Aid Revenue | 5.000% | 7/15/20 | (ETM) | 1,500 | | 1,541 |
| New York City NY Transitional Finance Authority Building Aid Revenue | 5.000% | 7/15/21 | (ETM) | 1,520 | | 1,623 |
| New York City NY Transitional Finance Authority Building Aid Revenue | 5.000% | 7/15/22 | (ETM) | 4,585 | | 5,069 |
| New York City NY Transitional Finance Authority Building Aid Revenue | 5.000% | 7/15/24 | | 1,055 | | 1,237 |
| New York City NY Transitional Finance Authority Future Tax Revenue | 5.000% | 11/1/19 | | 8,560 | | 8,560 |
| New York City NY Transitional Finance Authority Future Tax Revenue | 5.000% | 2/1/20 | | 6,470 | | 6,530 |
| New York City NY Transitional Finance Authority Future Tax Revenue | 5.000% | 2/1/20 | | 8,925 | | 9,008 |
| New York City NY Transitional Finance Authority Future Tax Revenue | 5.000% | 11/1/20 | | 3,090 | | 3,208 |
| New York City NY Transitional Finance Authority Future Tax Revenue | 5.000% | 11/1/21 | | 9,015 | | 9,702 |
| New York City NY Transitional Finance Authority Future Tax Revenue | 5.000% | 11/1/21 | | 7,990 | | 8,599 |
| New York City NY Transitional Finance Authority Future Tax Revenue | 5.000% | 11/1/22 | | 6,040 | | 6,725 |
| New York City NY Transitional Finance Authority Future Tax Revenue | 5.000% | 2/1/25 | | 1,535 | | 1,664 |
| New York City NY Transitional Finance Authority Future Tax Revenue | 5.000% | 8/1/32 | | 1,225 | | 1,418 |
| New York City NY Transitional Finance Authority Future Tax Revenue VRDO | 1.300% | 11/1/19 | | 4,605 | | 4,605 |
| New York City NY Transitional Finance Authority Future Tax Revenue VRDO | 1.120% | 11/7/19 | LOC | 45,690 | | 45,690 |
| New York City NY Transitional Finance Authority Future Tax Secured Revenue | 5.000% | 8/1/24 | | 5,545 | | 6,527 |
4 | New York City NY Transitional Finance Authority Future Tax Secured Revenue TOB VRDO | 1.370% | 11/1/19 | LOC | 12,030 | | 12,030 |
4 | New York City NY Transitional Finance Authority Future Tax Secured Revenue TOB VRDO | 1.370% | 11/1/19 | LOC | 22,500 | | 22,500 |
| New York City NY Transitional Finance Authority Revenue | 5.000% | 2/1/24 | | 1,200 | | 1,301 |
| New York Convention Center Development Corp. Revenue | 5.000% | 11/15/21 | | 2,025 | | 2,181 |
| New York Convention Center Development Corp. Revenue | 5.000% | 11/15/22 | | 1,060 | | 1,180 |
| New York Convention Center Development Corp. Revenue | 5.000% | 11/15/24 | | 1,040 | | 1,218 |
4 | New York Liberty Development Corp. Revenue (Goldman Sachs Headquarters) TOB VRDO | 1.420% | 11/7/19 | | 4,464 | | 4,464 |
| New York Metropolitan Transportation Authority Revenue | 5.000% | 11/15/19 | | 2,530 | | 2,533 |
| New York Metropolitan Transportation Authority Revenue | 5.000% | 11/15/19 | | 4,725 | | 4,730 |
116
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| New York Metropolitan Transportation Authority Revenue | 5.000% | 11/15/19 | | 1,100 | | 1,101 |
| New York Metropolitan Transportation Authority Revenue | 5.500% | 11/15/19 | (14) | 5,000 | | 5,006 |
| New York Metropolitan Transportation Authority Revenue | 5.000% | 11/15/20 | | 1,560 | | 1,619 |
| New York Metropolitan Transportation Authority Revenue | 5.000% | 11/15/20 | | 5,000 | | 5,189 |
| New York Metropolitan Transportation Authority Revenue | 5.000% | 11/15/23 | | 1,000 | | 1,143 |
| New York Metropolitan Transportation Authority Revenue | 5.000% | 11/15/23 | | 35,310 | | 40,365 |
| New York Metropolitan Transportation Authority Revenue | 5.000% | 11/15/24 | | 2,785 | | 3,081 |
| New York Metropolitan Transportation Authority Revenue | 5.000% | 11/15/24 | | 27,915 | | 32,783 |
| New York Metropolitan Transportation Authority Revenue | 5.000% | 11/15/25 | | 25,035 | | 30,105 |
| New York Metropolitan Transportation Authority Revenue | 5.000% | 11/15/25 | | 2,360 | | 2,608 |
| New York Metropolitan Transportation Authority Revenue | 5.000% | 11/15/27 | | 2,160 | | 2,381 |
| New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) | 5.000% | 11/15/19 | (ETM) | 835 | | 836 |
| New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) | 5.000% | 11/15/19 | | 165 | | 165 |
| New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) | 5.000% | 11/15/20 | | 4,600 | | 4,788 |
| New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) | 5.000% | 11/15/20 | (ETM) | 1,025 | | 1,067 |
| New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) | 5.000% | 11/15/20 | | 1,375 | | 1,427 |
| New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) | 5.000% | 3/1/22 | | 75,240 | | 81,693 |
| New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) | 5.000% | 11/15/27 | | 3,110 | | 3,460 |
1 | New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) PUT, SIFMA Municipal Swap Index Yield + 0.450% | 1.570% | 6/1/22 | | 435 | | 434 |
1 | New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund), SIFMA Municipal Swap Index Yield + 0.950% | 2.070% | 11/1/19 | | 9,300 | | 9,300 |
| New York Metropolitan Transportation Authority Revenue (Hudson Yards Development) | 5.000% | 11/15/46 | | 16,535 | | 16,562 |
| New York Metropolitan Transportation Authority Revenue (Transit Revenue) | 5.000% | 11/15/19 | | 3,500 | | 3,504 |
| New York Metropolitan Transportation Authority Revenue PUT | 5.000% | 2/15/20 | | 54,175 | | 54,710 |
| New York Metropolitan Transportation Authority Revenue PUT | 4.000% | 11/15/20 | | 11,000 | | 11,217 |
| New York Metropolitan Transportation Authority Revenue PUT | 5.000% | 11/15/20 | | 50,050 | | 51,861 |
1 | New York Metropolitan Transportation Authority Revenue PUT, 67% of 1M USD LIBOR + 0.650% | 2.011% | 7/1/21 | | 4,415 | | 4,431 |
1 | New York Metropolitan Transportation Authority Revenue PUT, 67% of 1M USD LIBOR + 0.700% | 2.061% | 2/1/20 | | 9,500 | | 9,516 |
1 | New York Metropolitan Transportation Authority Revenue PUT, 69% of 1M USD LIBOR + 0.570% | 1.972% | 4/6/20 | (4) | 7,000 | | 7,015 |
1 | New York Metropolitan Transportation Authority Revenue PUT, 69% of 1M USD LIBOR + 0.680% | 2.082% | 4/6/21 | (4) | 350 | | 352 |
1 | New York Metropolitan Transportation Authority Revenue PUT, SIFMA Municipal Swap Index Yield + 0.450% | 1.570% | 11/15/22 | | 10,000 | | 9,979 |
1 | New York Metropolitan Transportation Authority Revenue PUT, SIFMA Municipal Swap Index Yield + 0.580% | 1.700% | 6/1/20 | | 89,350 | | 89,371 |
| New York State Dormitory Authority Revenue | 5.000% | 3/15/24 | | 42,500 | | 49,468 |
| New York State Dormitory Authority Revenue | 5.000% | 7/1/24 | | 2,000 | | 2,352 |
| New York State Dormitory Authority Revenue | 5.000% | 10/1/24 | | 5,000 | | 5,902 |
| New York State Dormitory Authority Revenue | 5.000% | 3/15/25 | | 3,935 | | 4,436 |
| New York State Dormitory Authority Revenue | 5.000% | 7/1/25 | | 2,000 | | 2,421 |
| New York State Dormitory Authority Revenue | 5.000% | 10/1/25 | | 5,000 | | 6,064 |
| New York State Dormitory Authority Revenue | 5.000% | 10/1/25 | (4) | 3,500 | | 4,254 |
| New York State Dormitory Authority Revenue (Culinary Institute of America) | 4.500% | 7/1/24 | | 745 | | 821 |
| New York State Dormitory Authority Revenue (Department of Health) | 5.000% | 7/1/22 | | 8,500 | | 9,370 |
| New York State Dormitory Authority Revenue (Department of Health) | 5.000% | 7/1/23 | | 6,590 | | 7,508 |
| New York State Dormitory Authority Revenue (Icahn School of Medicine at Mount Sinai) | 4.000% | 7/1/20 | | 5,000 | | 5,094 |
| New York State Dormitory Authority Revenue (Icahn School of Medicine at Mount Sinai) | 5.000% | 7/1/21 | | 2,265 | | 2,407 |
| New York State Dormitory Authority Revenue (Icahn School of Medicine at Mount Sinai) | 5.000% | 7/1/22 | | 4,090 | | 4,495 |
| New York State Dormitory Authority Revenue (Montefiore Obligated Group) | 5.000% | 8/1/24 | | 2,000 | | 2,314 |
| New York State Dormitory Authority Revenue (Montefiore Obligated Group) | 5.000% | 8/1/25 | | 3,535 | | 4,188 |
| New York State Dormitory Authority Revenue (Mount Sinai Hospital Obligated Group) | 5.000% | 7/1/22 | | 5,995 | | 6,146 |
| New York State Dormitory Authority Revenue (Mount Sinai Hospital Obligated Group) | 5.000% | 7/1/26 | | 2,275 | | 2,331 |
| New York State Dormitory Authority Revenue (Mount Sinai School of Medicine of New York University) | 5.000% | 7/1/21 | | 1,260 | | 1,292 |
| New York State Dormitory Authority Revenue (New York University Hospitals Center) | 5.000% | 7/1/21 | | 2,400 | | 2,551 |
| New York State Dormitory Authority Revenue (New York University Hospitals Center) | 5.000% | 7/1/27 | | 2,650 | | 3,070 |
| New York State Dormitory Authority Revenue (New York University) | 5.000% | 7/1/23 | | 2,170 | | 2,472 |
| New York State Dormitory Authority Revenue (North Shore - Long Island Jewish Obligated Group) | 5.000% | 5/1/21 | | 2,555 | | 2,696 |
| New York State Dormitory Authority Revenue (North Shore - Long Island Jewish Obligated Group) | 5.000% | 5/1/22 | | 2,440 | | 2,663 |
| New York State Dormitory Authority Revenue (Orange Regional Medical Center Obligated Group) | 4.000% | 12/1/20 | | 1,000 | | 1,025 |
| New York State Dormitory Authority Revenue (Orange Regional Medical Center Obligated Group) | 4.000% | 12/1/21 | | 1,200 | | 1,257 |
| New York State Dormitory Authority Revenue (Orange Regional Medical Center Obligated Group) | 5.000% | 12/1/22 | | 1,000 | | 1,099 |
| New York State Dormitory Authority Revenue (Pace University) | 4.000% | 5/1/20 | (ETM) | 45 | | 46 |
| New York State Dormitory Authority Revenue (Pace University) | 4.000% | 5/1/20 | | 1,695 | | 1,717 |
| New York State Dormitory Authority Revenue (Pace University) | 5.000% | 5/1/24 | | 380 | | 422 |
| New York State Dormitory Authority Revenue (Personal Income Tax) | 5.000% | 2/15/20 | | 4,000 | | 4,043 |
| New York State Dormitory Authority Revenue (Personal Income Tax) | 5.000% | 8/15/20 | | 9,550 | | 9,839 |
| New York State Dormitory Authority Revenue (Personal Income Tax) | 5.000% | 3/15/21 | | 33,395 | | 35,144 |
| New York State Dormitory Authority Revenue (Personal Income Tax) | 5.000% | 3/15/21 | | 12,620 | | 13,281 |
| New York State Dormitory Authority Revenue (Personal Income Tax) | 5.000% | 6/15/21 | | 7,710 | | 8,187 |
| New York State Dormitory Authority Revenue (Personal Income Tax) | 5.000% | 2/15/24 | | 50,990 | | 59,154 |
117
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| New York State Dormitory Authority Revenue (Personal Income Tax) | 5.000% | 2/15/24 | | 58,640 | | 68,028 |
| New York State Dormitory Authority Revenue (Personal Income Tax) | 5.000% | 3/15/24 | | 12,000 | | 13,956 |
| New York State Dormitory Authority Revenue (Personal Income Tax) | 5.000% | 2/15/25 | | 56,870 | | 67,850 |
| New York State Dormitory Authority Revenue (Personal Income Tax) | 5.000% | 3/15/25 | (ETM) | 15 | | 18 |
| New York State Dormitory Authority Revenue (Personal Income Tax) | 5.000% | 3/15/25 | | 23,150 | | 27,685 |
| New York State Dormitory Authority Revenue (Personal Income Tax) | 5.000% | 2/15/26 | | 3,440 | | 4,212 |
| New York State Dormitory Authority Revenue (Personal Income Tax) | 5.000% | 3/15/26 | | 41,475 | | 50,879 |
| New York State Dormitory Authority Revenue (Personal Income Tax) | 5.000% | 3/15/26 | | 30,000 | | 36,802 |
| New York State Dormitory Authority Revenue (Personal Income Tax) | 5.000% | 12/15/26 | | 5,705 | | 6,357 |
| New York State Dormitory Authority Revenue (Personal Income Tax) | 5.000% | 2/15/28 | | 5,000 | | 5,598 |
| New York State Dormitory Authority Revenue (Personal Income Tax) | 5.000% | 2/15/31 | | 6,700 | | 7,833 |
| New York State Dormitory Authority Revenue (Personal Income Tax) VRDO | 1.170% | 11/8/19 | | 15,650 | | 15,650 |
| New York State Dormitory Authority Revenue (School Districts Financing Program) | 5.000% | 10/1/20 | (15) | 1,690 | | 1,749 |
| New York State Dormitory Authority Revenue (School Districts Financing Program) | 5.000% | 10/1/20 | (4) | 1,200 | | 1,242 |
| New York State Dormitory Authority Revenue (School Districts Financing Program) | 5.000% | 10/1/21 | (15) | 1,725 | | 1,851 |
| New York State Dormitory Authority Revenue (School Districts Financing Program) | 4.000% | 10/1/22 | | 19,425 | | 20,992 |
| New York State Dormitory Authority Revenue (School Districts Financing Program) | 4.000% | 10/1/22 | | 11,525 | | 12,465 |
| New York State Dormitory Authority Revenue (School Districts Financing Program) | 5.000% | 10/1/22 | | 4,080 | | 4,523 |
| New York State Dormitory Authority Revenue (School Districts Financing Program) | 5.000% | 10/1/22 | | 3,335 | | 3,702 |
| New York State Dormitory Authority Revenue (School Districts Financing Program) | 4.000% | 10/1/23 | | 4,575 | | 5,056 |
| New York State Dormitory Authority Revenue (School Districts Financing Program) | 4.000% | 10/1/23 | | 4,460 | | 4,929 |
| New York State Dormitory Authority Revenue (School Districts Financing Program) | 5.000% | 10/1/23 | | 7,560 | | 8,661 |
| New York State Dormitory Authority Revenue (School Districts Financing Program) | 5.000% | 10/1/23 | | 10,595 | | 12,146 |
| New York State Dormitory Authority Revenue (School Districts Financing Program) | 4.000% | 10/1/24 | | 2,285 | | 2,579 |
| New York State Dormitory Authority Revenue (School Districts Financing Program) | 5.000% | 10/1/24 | | 6,060 | | 7,137 |
| New York State Dormitory Authority Revenue (School Districts Financing Program) | 5.000% | 10/1/24 | | 3,000 | | 3,533 |
| New York State Dormitory Authority Revenue (School Districts Financing Program) | 5.000% | 10/1/24 | | 2,800 | | 3,305 |
| New York State Dormitory Authority Revenue (School Districts Financing Program) | 5.000% | 10/1/25 | | 2,040 | | 2,469 |
| New York State Dormitory Authority Revenue (School Districts Financing Program) | 5.000% | 10/1/25 | | 1,930 | | 2,341 |
| New York State Dormitory Authority Revenue (Teachers College) | 4.000% | 7/1/20 | | 220 | | 224 |
| New York State Dormitory Authority Revenue (Teachers College) | 5.000% | 7/1/21 | | 245 | | 260 |
| New York State Dormitory Authority Revenue (Teachers College) | 4.000% | 7/1/22 | | 450 | | 483 |
| New York State Dormitory Authority Revenue (Teachers College) | 5.000% | 7/1/23 | | 250 | | 283 |
| New York State Dormitory Authority Revenue (The New School) | 5.000% | 7/1/21 | | 1,060 | | 1,124 |
| New York State Dormitory Authority Revenue (The New School) | 5.000% | 7/1/22 | | 500 | | 548 |
| New York State Dormitory Authority Revenue (The New School) | 5.000% | 7/1/23 | | 1,145 | | 1,293 |
| New York State Dormitory Authority Sales Tax Revenue | 5.000% | 3/15/21 | | 60,050 | | 63,194 |
| New York State Dormitory Authority Sales Tax Revenue | 5.000% | 3/15/22 | | 2,900 | | 3,162 |
| New York State Dormitory Authority Sales Tax Revenue | 5.000% | 3/15/25 | (ETM) | 5 | | 6 |
| New York State Dormitory Authority Sales Tax Revenue | 5.000% | 3/15/25 | | 37,485 | | 44,871 |
| New York State Energy Research & Development Authority Pollution Control Revenue (New York State Electric & Gas Corp.) PUT | 2.625% | 7/3/23 | | 30,000 | | 30,995 |
| New York State Energy Research & Development Authority Pollution Control Revenue (Rochester Gas & Electric Corp.) PUT | 3.000% | 7/1/25 | | 14,000 | | 15,061 |
| New York State Energy Research & Development Authority Pollution Control Revenue (Rochester Gas & Electric Corp.) PUT | 3.000% | 7/1/25 | | 23,900 | | 25,712 |
| New York State Energy Research & Development Authority Pollution Control Revenue (Rochester Gas & Electric Corp.) PUT | 3.000% | 7/1/25 | | 10,000 | | 10,758 |
| New York State Environmental Facilities Corp. Revenue | 5.000% | 8/15/26 | | 3,185 | | 3,460 |
| New York State Environmental Facilities Corp. Revenue (State Clean Water & Drinking Water Revolving Funds) | 5.000% | 6/15/20 | | 3,000 | | 3,072 |
| New York State Housing Finance Agency Affordable Housing Revenue | 1.400% | 5/1/20 | | 9,420 | | 9,425 |
| New York State Housing Finance Agency Affordable Housing Revenue | 1.400% | 5/1/20 | | 1,620 | | 1,621 |
| New York State Housing Finance Agency Affordable Housing Revenue | 1.350% | 5/1/21 | | 7,115 | | 7,109 |
| New York State Housing Finance Agency Affordable Housing Revenue | 1.500% | 5/1/21 | | 2,935 | | 2,940 |
| New York State Housing Finance Agency Affordable Housing Revenue | 1.500% | 5/1/21 | | 3,500 | | 3,506 |
| New York State Housing Finance Agency Affordable Housing Revenue | 2.000% | 5/1/21 | | 2,510 | | 2,530 |
| New York State Housing Finance Agency Affordable Housing Revenue | 2.000% | 5/1/21 | | 1,755 | | 1,769 |
| New York State Housing Finance Agency Affordable Housing Revenue | 2.000% | 5/1/21 | | 5,000 | | 5,039 |
| New York State Housing Finance Agency Affordable Housing Revenue | 2.000% | 5/1/21 | | 1,300 | | 1,310 |
| New York State Housing Finance Agency Affordable Housing Revenue | 2.500% | 5/1/22 | | 4,215 | | 4,242 |
| New York State Housing Finance Agency Affordable Housing Revenue | 2.550% | 11/1/22 | | 3,040 | | 3,069 |
| New York State Housing Finance Agency Affordable Housing Revenue | 2.050% | 5/1/23 | | 3,125 | | 3,148 |
| New York State Housing Finance Agency Affordable Housing Revenue | 2.100% | 5/1/23 | | 1,000 | | 1,006 |
| New York State Housing Finance Agency Affordable Housing Revenue | 2.650% | 5/1/23 | | 6,140 | | 6,238 |
| New York State Housing Finance Agency Affordable Housing Revenue | 2.125% | 11/1/23 | | 1,250 | | 1,263 |
| New York State Housing Finance Agency Affordable Housing Revenue | 2.700% | 11/1/23 | | 2,500 | | 2,584 |
| New York State Housing Finance Agency Affordable Housing Revenue PUT | 1.800% | 5/1/20 | | 2,405 | | 2,405 |
| New York State Housing Finance Agency Affordable Housing Revenue PUT | 1.875% | 11/1/21 | | 1,625 | | 1,627 |
| New York State Housing Finance Agency Housing Revenue | 2.650% | 5/1/22 | | 6,870 | | 6,905 |
| New York State Housing Finance Agency Housing Revenue | 2.750% | 11/1/22 | | 8,570 | | 8,607 |
118
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| New York State Housing Finance Agency Revenue | 1.100% | 11/1/19 | | 1,000 | | 1,000 |
| New York State Housing Finance Agency Revenue | 1.250% | 5/1/20 | | 7,500 | | 7,497 |
| New York State Housing Finance Agency Revenue | 1.375% | 11/1/22 | | 1,875 | | 1,871 |
5 | New York State Housing Finance Agency Revenue | 1.450% | 5/1/23 | | 2,500 | | 2,501 |
5 | New York State Housing Finance Agency Revenue | 1.450% | 5/1/23 | | 1,150 | | 1,150 |
| New York State Housing Finance Agency Revenue | 1.450% | 5/1/23 | | 7,500 | | 7,513 |
5 | New York State Housing Finance Agency Revenue | 1.500% | 11/1/23 | | 1,250 | | 1,250 |
5 | New York State Housing Finance Agency Revenue | 1.550% | 5/1/24 | | 2,250 | | 2,251 |
| New York State Mortgage Agency Homeowner Mortgage Revenue | 4.000% | 4/1/40 | | 3,580 | | 3,834 |
| New York State Mortgage Agency Homeowner Mortgage Revenue | 2.625% | 4/1/41 | | 315 | | 321 |
| New York State Mortgage Agency Homeowner Mortgage Revenue | 3.500% | 10/1/47 | | 11,590 | | 12,225 |
| New York State Thruway Authority Revenue | 5.000% | 1/1/20 | | 1,500 | | 1,509 |
| New York State Thruway Authority Revenue | 5.000% | 1/1/21 | | 2,465 | | 2,574 |
| New York State Thruway Authority Revenue | 5.000% | 1/1/22 | | 1,550 | | 1,678 |
| New York State Thruway Authority Revenue | 5.000% | 1/1/22 | | 6,200 | | 6,710 |
| New York State Thruway Authority Revenue | 5.000% | 1/1/24 | | 3,980 | | 4,582 |
| New York State Thruway Authority Revenue | 5.000% | 1/1/25 | | 3,305 | | 3,915 |
| New York State Urban Development Corp. Revenue (Personal Income Tax) | 5.000% | 3/15/20 | | 23,430 | | 23,761 |
| New York State Urban Development Corp. Revenue (Personal Income Tax) | 5.000% | 3/15/21 | | 24,925 | | 26,230 |
| New York State Urban Development Corp. Revenue (Personal Income Tax) | 5.000% | 3/15/21 | | 10,625 | | 11,181 |
| New York State Urban Development Corp. Revenue (Personal Income Tax) | 5.000% | 3/15/21 | | 50,035 | | 52,655 |
| New York State Urban Development Corp. Revenue (Personal Income Tax) | 5.000% | 3/15/22 | | 45,845 | | 49,999 |
| New York State Urban Development Corp. Revenue (Personal Income Tax) | 5.000% | 3/15/22 | | 25,065 | | 27,336 |
| New York State Urban Development Corp. Revenue (Personal Income Tax) | 5.000% | 3/15/28 | | 8,040 | | 9,011 |
4 | New York State Urban Development Corp. Revenue TOB VRDO | 1.150% | 11/8/19 | | 1,860 | | 1,860 |
4 | Nuveen New York AMT-Free Quality Municipal Income Fund VRDP VRDO | 1.200% | 11/7/19 | LOC | 24,000 | | 24,000 |
4 | Nuveen New York AMT-Free Quality Municipal Income Fund VRDP VRDO | 1.160% | 11/8/19 | LOC | 6,300 | | 6,300 |
| Onondaga NY Civic Development Corp. Revenue (Le Moyne College Project) | 5.000% | 1/1/20 | | 285 | | 287 |
| Onondaga NY Civic Development Corp. Revenue (Le Moyne College Project) | 5.000% | 1/1/21 | | 300 | | 312 |
| Onondaga NY Civic Development Corp. Revenue (Le Moyne College Project) | 5.000% | 1/1/22 | | 315 | | 338 |
| Onondaga NY Civic Development Corp. Revenue (Le Moyne College Project) | 5.000% | 1/1/23 | | 330 | | 365 |
| Onondaga NY Civic Development Corp. Revenue (Le Moyne College Project) | 5.000% | 1/1/24 | | 345 | | 391 |
| Oyster Bay NY GO | 5.000% | 1/15/20 | (15) | 3,105 | | 3,128 |
| Oyster Bay NY GO | 5.000% | 8/15/20 | (15) | 4,350 | | 4,479 |
| Schenectady NY BAN | 2.500% | 5/8/20 | | 9,565 | | 9,623 |
| Suffolk County NY Economic Development Corp. Revenue (Catholic Health Services) | 5.000% | 7/1/20 | | 835 | | 854 |
| Suffolk County NY Economic Development Corp. Revenue (Catholic Health Services) | 5.000% | 7/1/28 | | 9,040 | | 9,577 |
| Suffolk County NY GO | 5.000% | 2/1/21 | (4) | 4,580 | | 4,786 |
| Suffolk County NY GO | 4.000% | 10/15/21 | (4) | 2,035 | | 2,140 |
| Suffolk County NY GO | 5.000% | 5/15/22 | (4) | 10,310 | | 11,248 |
| Suffolk County NY GO | 5.000% | 5/15/23 | (4) | 10,845 | | 12,189 |
| Suffolk County NY GO | 4.000% | 10/15/24 | (4) | 4,640 | | 5,209 |
| Suffolk County NY GO | 5.000% | 10/15/24 | (4) | 2,945 | | 3,446 |
| Suffolk County NY GO | 4.000% | 10/15/25 | (4) | 4,730 | | 5,388 |
| Suffolk County NY GO | 5.000% | 4/1/26 | (15) | 1,565 | | 1,888 |
| Suffolk County NY GO | 4.000% | 10/15/26 | (4) | 4,820 | | 5,566 |
| Tobacco Settlement Financing Corp. New York Revenue | 5.000% | 6/1/20 | | 900 | | 918 |
| Tobacco Settlement Financing Corp. New York Revenue | 5.000% | 6/1/21 | | 4,435 | | 4,681 |
| Tobacco Settlement Financing Corp. New York Revenue | 5.000% | 6/1/21 | | 3,500 | | 3,631 |
| Tobacco Settlement Financing Corp. New York Revenue | 5.000% | 6/1/22 | | 4,000 | | 4,355 |
| Tobacco Settlement Financing Corp. New York Revenue | 5.000% | 6/1/23 | | 10,000 | | 11,206 |
| Tobacco Settlement Financing Corp. New York Revenue | 5.000% | 6/1/23 | | 5,000 | | 5,333 |
| Tobacco Settlement Financing Corp. New York Revenue | 5.000% | 6/1/24 | | 9,570 | | 10,998 |
| Tobacco Settlement Financing Corp. New York Revenue | 5.000% | 6/1/26 | | 4,990 | | 5,972 |
| Tobacco Settlement Financing Corp. New York Revenue | 5.000% | 6/1/27 | | 2,030 | | 2,472 |
| Triborough Bridge & Tunnel Auth. New York Rev. | 5.500% | 1/1/22 | (Prere.) | 5,270 | | 5,754 |
| Triborough Bridge & Tunnel Authority New York Revenue | 5.000% | 11/15/20 | | 500 | | 520 |
| Triborough Bridge & Tunnel Authority New York Revenue | 5.000% | 11/15/22 | | 850 | | 949 |
| Triborough Bridge & Tunnel Authority New York Revenue | 5.000% | 11/15/26 | | 7,795 | | 8,813 |
1 | Triborough Bridge & Tunnel Authority New York Revenue PUT, 67% of 1M USD LIBOR + 0.350% | 1.711% | 12/3/19 | | 1,875 | | 1,875 |
1 | Triborough Bridge & Tunnel Authority New York Revenue PUT, 67% of 1M USD LIBOR + 0.500% | 1.861% | 11/15/21 | | 5,705 | | 5,697 |
1 | Triborough Bridge & Tunnel Authority New York Revenue PUT, 67% of SOFR + 0.500% | 1.713% | 11/1/19 | | 5,000 | | 5,028 |
| Troy NY Capital Resource Corp. Revenue (Rensselaer Polytechnic Institute Project) | 5.000% | 9/1/20 | | 535 | | 551 |
| Troy NY Capital Resource Corp. Revenue (Rensselaer Polytechnic Institute Project) | 5.000% | 8/1/21 | | 645 | | 686 |
| Troy NY Capital Resource Corp. Revenue (Rensselaer Polytechnic Institute Project) | 5.000% | 8/1/22 | | 1,055 | | 1,158 |
| Valley Stream NY Union Free School District No. 13 GO | 2.000% | 9/4/20 | | 7,500 | | 7,543 |
| Westchester County NY Health Care Corp. Revenue | 5.000% | 11/1/21 | | 4,800 | | 5,120 |
| Westchester County NY Health Care Corp. Revenue | 5.000% | 11/1/25 | | 2,000 | | 2,129 |
| Westchester County NY Local Development Corp. Revenue (Westchester County Health Care Corp.) | 5.000% | 11/1/24 | | 1,230 | | 1,417 |
| Westchester County NY Local Development Corp. Revenue (Westchester Medical Center) | 5.000% | 11/1/20 | | 335 | | 346 |
119
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Westchester NY Tobacco Asset Securitization Revenue | 5.000% | 6/1/23 | | 1,610 | | 1,783 |
| Yonkers NY GO | 3.000% | 8/15/20 | | 1,115 | | 1,132 |
| | | | | | | 3,626,211 |
North Carolina (1.4%) | | | | | | |
| Board of Governors of the University of North Carolina Revenue (University of North Carolina at Charlotte) | 5.000% | 10/1/23 | | 300 | | 343 |
| Board of Governors of the University of North Carolina Revenue (University of North Carolina at Charlotte) | 5.000% | 10/1/24 | | 400 | | 471 |
| Buncombe County NC Limited Obligation Revenue | 5.000% | 6/1/21 | | 6,070 | | 6,438 |
| Buncombe County NC Limited Obligation Revenue | 5.000% | 6/1/22 | | 4,085 | | 4,482 |
| Cabarrus County NC Installment Financing Contract Revenue | 5.000% | 6/1/23 | | 1,000 | | 1,132 |
| Charlotte NC Airport Revenue | 4.000% | 7/1/23 | | 1,175 | | 1,293 |
| Charlotte NC Airport Revenue | 5.000% | 7/1/23 | | 460 | | 523 |
| Charlotte NC Airport Revenue | 5.000% | 7/1/24 | | 580 | | 680 |
| Charlotte NC Airport Revenue | 5.000% | 7/1/24 | | 1,565 | | 1,834 |
| Charlotte NC GO | 5.000% | 7/1/26 | | 11,140 | | 12,261 |
| Charlotte-Mecklenburg NC Hospital Authority Health Care System Revenue (Carolinas HealthCare System) | 5.000% | 1/15/22 | | 4,275 | | 4,623 |
| Charlotte-Mecklenburg NC Hospital Authority Health Care System Revenue (Carolinas HealthCare System) | 5.000% | 1/15/22 | | 375 | | 406 |
| Charlotte-Mecklenburg NC Hospital Authority Health Care System Revenue (Carolinas HealthCare System) | 5.000% | 1/15/23 | | 295 | | 330 |
| Charlotte-Mecklenburg NC Hospital Authority Health Care System Revenue (Carolinas HealthCare System) | 5.000% | 1/15/24 | | 14,330 | | 16,473 |
| Charlotte-Mecklenburg NC Hospital Authority Health Care System Revenue (Carolinas HealthCare System) | 5.000% | 1/15/24 | | 1,875 | | 2,158 |
| Charlotte-Mecklenburg NC Hospital Authority Health Care System Revenue (Carolinas HealthCare System) | 5.000% | 1/15/25 | | 650 | | 769 |
| Charlotte-Mecklenburg NC Hospital Authority Health Care System Revenue (Carolinas HealthCare System) | 5.000% | 1/15/26 | | 510 | | 619 |
| Charlotte-Mecklenburg NC Hospital Authority Health Care System Revenue (Carolinas HealthCare System) PUT | 5.000% | 3/1/22 | | 13,000 | | 14,071 |
| Charlotte-Mecklenburg NC Hospital Authority Health Care System Revenue (Carolinas HealthCare System) PUT | 5.000% | 3/1/23 | | 23,000 | | 25,642 |
1 | Charlotte-Mecklenburg NC Hospital Authority Health Care System Revenue (Carolinas HealthCare System) PUT, SIFMA Municipal Swap Index Yield + 0.450% | 1.570% | 12/1/21 | | 21,000 | | 20,973 |
| Fayetteville NC Metropolitan Housing Authority Revenue PUT | 1.950% | 1/1/21 | | 2,960 | | 2,978 |
| Guilford County NC GO | 5.000% | 5/1/24 | | 4,920 | | 5,744 |
| Guilford County NC GO | 5.000% | 3/1/25 | | 18,855 | | 22,555 |
| Guilford County NC GO | 5.000% | 5/1/25 | | 10,390 | | 12,488 |
| Mecklenburg County NC COP | 5.000% | 10/1/21 | | 4,100 | | 4,399 |
| New Hanover County NC Hospital Revenue (New Hanover Regional Medical Center Project) | 5.000% | 10/1/21 | | 3,200 | | 3,386 |
| New Hanover County NC Hospital Revenue (New Hanover Regional Medical Center Project) | 5.000% | 10/1/22 | | 1,020 | | 1,109 |
| New Hanover County NC Hospital Revenue (New Hanover Regional Medical Center Project) | 5.000% | 10/1/23 | | 1,140 | | 1,264 |
| New Hanover County NC Hospital Revenue (New Hanover Regional Medical Center Project) | 5.000% | 10/1/24 | | 2,115 | | 2,398 |
| North Carolina Capital Facilities Finance Agency Solid Waste Disposal Revenue (Republic Services, Inc. Project) PUT | 1.300% | 12/3/19 | | 21,500 | | 21,502 |
| North Carolina Eastern Municipal Power Agency Power Systems Revenue | 5.000% | 1/1/20 | (ETM) | 2,500 | | 2,515 |
| North Carolina Eastern Municipal Power Agency Power Systems Revenue | 5.000% | 1/1/20 | (ETM) | 13,050 | | 13,129 |
| North Carolina Eastern Municipal Power Agency Power Systems Revenue | 5.000% | 7/1/22 | (Prere.) | 8,500 | | 9,350 |
| North Carolina GAN | 5.000% | 3/1/21 | | 4,300 | | 4,514 |
| North Carolina GAN | 5.000% | 3/1/22 | | 2,270 | | 2,467 |
| North Carolina GAN | 5.000% | 3/1/22 | | 3,890 | | 4,228 |
| North Carolina GAN | 5.000% | 3/1/23 | | 8,500 | | 9,541 |
| North Carolina GAN | 5.000% | 3/1/24 | | 8,265 | | 9,563 |
| North Carolina GAN | 5.000% | 3/1/25 | | 12,175 | | 14,460 |
| North Carolina GAN | 5.000% | 3/1/26 | | 11,205 | | 13,632 |
| North Carolina Housing Finance Agency Homeownership Revenue | 4.000% | 1/1/50 | | 10,000 | | 10,928 |
| North Carolina Housing Finance Agency Revenue | 4.000% | 7/1/47 | | 8,120 | | 8,690 |
| North Carolina Medical Care Commission Health Care Facilities Revenue (Cape Fear Valley Health System) | 5.000% | 10/1/20 | | 7,885 | | 8,143 |
| North Carolina Medical Care Commission Health Care Facilities Revenue (Wake Forest Baptist Obligated Group) | 5.000% | 12/1/22 | | 900 | | 997 |
| North Carolina Medical Care Commission Health Care Facilities Revenue (Wake Forest Baptist Obligated Group) | 5.000% | 12/1/23 | | 1,885 | | 2,152 |
| North Carolina Medical Care Commission Health Care Facilities Revenue (Wake Forest Baptist Obligated Group) | 5.000% | 12/1/24 | | 2,135 | | 2,507 |
| North Carolina Medical Care Commission Health Care Facilities Revenue (Wake Forest Baptist Obligated Group) | 5.000% | 12/1/25 | | 1,425 | | 1,712 |
| North Carolina Medical Care Commission Health Care Facilities Revenue (Wake Forest Baptist Obligated Group) | 5.000% | 12/1/26 | | 1,545 | | 1,890 |
120
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| North Carolina Medical Care Commission Health Care Facilities Revenue (Wake Forest Baptist Obligated Group) PUT | 2.200% | 12/1/22 | | 13,500 | | 13,686 |
| North Carolina Medical Care Commission Hospital (Moses Cone Health System) VRDO | 1.100% | 11/7/19 | | 23,200 | | 23,200 |
4 | North Carolina Medical Care Commission Hospital Revenue (Baptist Hospital) TOB VRDO | 1.440% | 11/7/19 | | 6,300 | | 6,300 |
1 | North Carolina Medical Care Commission Hospital Revenue (Moses Cone Health System) PUT, SIFMA Municipal Swap Index Yield + 0.350% | 1.470% | 5/28/20 | | 11,095 | | 11,095 |
| North Carolina Medical Care Commission Hospital Revenue (Southeastern Regional Medical Center) | 4.000% | 6/1/20 | | 500 | | 507 |
| North Carolina Medical Care Commission Retirement Facilities Revenue (Galloway Ridge Inc.) | 4.000% | 1/1/25 | | 255 | | 277 |
| North Carolina Medical Care Commission Retirement Facilities Revenue (Galloway Ridge Inc.) | 4.000% | 1/1/26 | | 245 | | 268 |
| North Carolina Medical Care Commission Retirement Facilities Revenue (Galloway Ridge Inc.) | 5.000% | 1/1/27 | | 565 | | 659 |
| North Carolina Medical Care Commission Retirement Facilities Revenue (Moravian Home Inc.) | 3.550% | 10/1/24 | | 500 | | 502 |
| North Carolina Medical Care Commission Retirement Facilities Revenue (Southminster Inc.) | 5.000% | 10/1/21 | | 375 | | 394 |
| North Carolina Medical Care Commission Retirement Facilities Revenue (Southminster Inc.) | 5.000% | 10/1/22 | | 1,105 | | 1,185 |
| North Carolina Medical Care Commission Retirement Facilities Revenue (Southminster Inc.) | 5.000% | 10/1/23 | | 800 | | 876 |
| North Carolina Medical Care Commission Retirement Facilities Revenue (Southminster Inc.) | 5.000% | 10/1/24 | | 920 | | 1,026 |
| North Carolina Medical Care Commission Retirement Facilities Revenue (United Church Homes & Services Obligated Group) | 5.000% | 9/1/24 | | 1,000 | | 1,112 |
| North Carolina Medical Care Commission Retirement Facilities Revenue (United Methodist Retirement Homes Inc.) | 5.000% | 10/1/23 | | 510 | | 574 |
| North Carolina Medical Care Commission Retirement Facilities Revenue (United Methodist Retirement Homes Inc.) | 5.000% | 10/1/24 | | 1,250 | | 1,437 |
| North Carolina Medical Care Commission Retirement Facilities Revenue (United Methodist Retirement Homes Inc.) | 5.000% | 10/1/25 | | 890 | | 1,019 |
| North Carolina Municipal Power Agency No. 1 Revenue (Catawba Electric) | 5.000% | 1/1/22 | (Prere.) | 8,125 | | 8,777 |
| North Carolina Municipal Power Agency No. 1 Revenue (Catawba Electric) | 5.000% | 1/1/26 | | 2,500 | | 3,033 |
| North Carolina Revenue | 5.000% | 5/1/26 | | 7,525 | | 9,242 |
| North Carolina Turnpike Authority Revenue | 5.000% | 1/1/22 | | 850 | | 913 |
| North Carolina Turnpike Authority Revenue | 5.000% | 1/1/23 | | 1,650 | | 1,827 |
| North Carolina Turnpike Authority Revenue | 5.000% | 1/1/24 | (4) | 1,270 | | 1,447 |
| North Carolina Turnpike Authority Revenue | 5.000% | 1/1/25 | | 1,250 | | 1,458 |
| | | | | | | 404,576 |
North Dakota (0.0%) | | | | | | |
| Burleigh County ND Health Care Revenue (St. Alexis Medical Center Project) | 5.000% | 7/1/21 | (ETM) | 650 | | 690 |
| Burleigh County ND Health Care Revenue (St. Alexis Medical Center Project) | 5.000% | 7/1/21 | (Prere.) | 1,200 | | 1,273 |
| North Dakota Housing Finance Agency Revenue | 4.000% | 1/1/38 | | 3,095 | | 3,241 |
| | | | | | | 5,204 |
Ohio (3.5%) | | | | | | |
| Akron OH Bath & Copley Joint Township Hospital District Revenue (Children’s Hospital Medical Center of Akron) | 5.000% | 11/15/25 | | 3,475 | | 3,764 |
| Akron OH Bath & Copley Joint Township Hospital District Revenue (Summa Health System Obligated Group) | 5.000% | 11/15/23 | | 1,605 | | 1,823 |
| Akron OH Bath & Copley Joint Township Hospital District Revenue (Summa Health System Obligated Group) | 5.000% | 11/15/26 | | 500 | | 607 |
| Akron OH Income Tax Revenue (Community Learning Centers) | 5.000% | 12/1/20 | | 1,220 | | 1,270 |
| Akron OH Income Tax Revenue (Community Learning Centers) | 5.000% | 12/1/31 | | 1,685 | | 1,835 |
| Allen County OH Hospital Facilities Revenue (Catholic Healthcare Partners) | 5.000% | 5/1/23 | | 3,485 | | 3,794 |
4 | Allen County OH Hospital Facilities Revenue (Catholic Healthcare Partners) TOB VRDO | 1.250% | 11/7/19 | | 7,500 | | 7,500 |
| Allen County OH Hospital Facilities Revenue (Mercy Health) | 5.000% | 8/1/20 | | 895 | | 919 |
| Allen County OH Hospital Facilities Revenue (Mercy Health) | 5.000% | 8/1/21 | | 4,260 | | 4,525 |
| Allen County OH Hospital Facilities Revenue (Mercy Health) | 5.000% | 8/1/22 | | 3,775 | | 4,140 |
| Allen County OH Hospital Facilities Revenue (Mercy Health) | 5.000% | 8/1/23 | | 9,010 | | 10,173 |
| Allen County OH Hospital Facilities Revenue (Mercy Health) | 5.000% | 8/1/24 | | 14,935 | | 17,319 |
| Allen County OH Hospital Facilities Revenue (Mercy Health) | 5.000% | 8/1/25 | | 25,070 | | 29,792 |
| Allen County OH Hospital Facilities Revenue (Mercy Health) PUT | 5.000% | 5/5/22 | | 12,200 | | 13,286 |
1 | Allen County OH Hospital Facilities Revenue (Mercy Health) PUT, SIFMA Municipal Swap Index Yield + 0.750% | 1.870% | 5/1/20 | | 25,000 | | 25,014 |
| American Municipal Power Ohio Inc. Revenue | 5.000% | 2/15/20 | | 7,000 | | 7,072 |
| American Municipal Power Ohio Inc. Revenue | 5.000% | 2/15/21 | | 16,345 | | 17,110 |
| American Municipal Power Ohio Inc. Revenue | 5.000% | 2/15/22 | | 12,035 | | 13,062 |
| American Municipal Power Ohio Inc. Revenue | 5.000% | 2/15/23 | | 22,470 | | 22,703 |
| American Municipal Power Ohio Inc. Revenue | 5.000% | 2/15/24 | | 12,385 | | 12,513 |
| American Municipal Power Ohio Inc. Revenue | 5.000% | 2/15/25 | | 5,000 | | 5,051 |
| American Municipal Power Ohio Inc. Revenue (Fremont Energy Center Project) | 5.000% | 2/15/20 | | 2,145 | | 2,167 |
| American Municipal Power Ohio Inc. Revenue (Hydroelectric Projects) | 5.000% | 2/15/21 | | 300 | | 314 |
| American Municipal Power Ohio Inc. Revenue (Hydroelectric Projects) | 5.000% | 2/15/23 | | 500 | | 560 |
| American Municipal Power Ohio Inc. Revenue (Hydroelectric Projects) | 5.000% | 2/15/23 | | 3,000 | | 3,358 |
| American Municipal Power Ohio Inc. Revenue (Hydroelectric Projects) | 5.000% | 2/15/24 | | 3,835 | | 4,418 |
| American Municipal Power Ohio Inc. Revenue (Hydroelectric Projects) | 5.000% | 2/15/25 | | 7,010 | | 8,292 |
| American Municipal Power Ohio Inc. Revenue (Hydroelectric Projects) PUT | 2.250% | 8/15/21 | | 8,000 | | 8,068 |
| American Municipal Power Ohio Inc. Revenue (Meldahl Hydroelectric Project) | 5.000% | 2/15/22 | | 540 | | 585 |
| American Municipal Power Ohio Inc. Revenue (Meldahl Hydroelectric Project) | 5.000% | 2/15/23 | | 425 | | 475 |
121
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| American Municipal Power Ohio Inc. Revenue (Meldahl Hydroelectric Project) | 5.000% | 2/15/24 | | 370 | | 425 |
| American Municipal Power Ohio Inc. Revenue (Prairie State Energy Campus Project) | 5.000% | 2/15/26 | | 3,050 | | 3,504 |
| American Municipal Power Ohio Inc. Revenue (Prairie State Energy Campus Project) PUT | 5.000% | 8/15/20 | | 16,310 | | 16,477 |
| American Municipal Power Ohio Inc. Revenue PUT | 2.300% | 2/15/22 | | 23,500 | | 23,864 |
| Bluffton OH Hospital Facilities Revenue (Blanchard Valley Health System Obligated Group) | 5.000% | 12/1/21 | | 1,000 | | 1,072 |
| Bluffton OH Hospital Facilities Revenue (Blanchard Valley Health System Obligated Group) | 5.000% | 12/1/22 | | 830 | | 917 |
| Bluffton OH Hospital Facilities Revenue (Blanchard Valley Health System Obligated Group) | 5.000% | 12/1/23 | | 2,210 | | 2,511 |
| Bluffton OH Hospital Facilities Revenue (Blanchard Valley Health System Obligated Group) | 5.000% | 12/1/24 | | 2,640 | | 3,077 |
| Bowling Green State University Ohio Revenue | 5.000% | 6/1/23 | | 175 | | 197 |
| Bowling Green State University Ohio Revenue | 5.000% | 6/1/24 | | 325 | | 376 |
| Butler County OH Hospital Facilities Revenue (UC Health) | 5.500% | 11/1/20 | (Prere.) | 3,415 | | 3,562 |
| Butler County OH Transportation Improvement District Tax Allocation Revenue | 4.000% | 12/1/20 | | 700 | | 721 |
| Centerville OH Health Care Revenue (Graceworks Lutheran Services) | 5.000% | 11/1/22 | | 400 | | 425 |
| Centerville OH Health Care Revenue (Graceworks Lutheran Services) | 5.000% | 11/1/23 | | 420 | | 453 |
| Centerville OH Health Care Revenue (Graceworks Lutheran Services) | 5.000% | 11/1/24 | | 650 | | 711 |
| Chillicothe OH Hospital Facilities Revenue (Adena Health System Obligated Group) | 5.000% | 12/1/22 | | 1,005 | | 1,113 |
| Chillicothe OH Hospital Facilities Revenue (Adena Health System Obligated Group) | 5.000% | 12/1/23 | | 1,580 | | 1,798 |
| Chillicothe OH Hospital Facilities Revenue (Adena Health System Obligated Group) | 5.000% | 12/1/24 | | 500 | | 584 |
| Chillicothe OH Hospital Facilities Revenue (Adena Health System Obligated Group) | 5.000% | 12/1/25 | | 950 | | 1,134 |
| Cincinnati OH City School District COP | 5.000% | 12/15/22 | | 1,365 | | 1,519 |
| Cincinnati OH GO | 4.000% | 12/1/19 | | 300 | | 301 |
| Cincinnati OH GO | 5.000% | 12/1/22 | | 300 | | 335 |
| Cincinnati OH GO | 5.000% | 12/1/23 | | 2,110 | | 2,428 |
| Cincinnati OH GO | 5.000% | 12/1/24 | | 1,700 | | 2,014 |
| Cincinnati OH Water System Revenue | 5.000% | 12/1/25 | | 1,775 | | 2,162 |
| Cleveland OH Airport System Revenue | 5.000% | 1/1/20 | | 1,500 | | 1,509 |
| Cleveland OH Airport System Revenue | 5.000% | 1/1/21 | (4) | 455 | | 475 |
| Cleveland OH Airport System Revenue | 5.000% | 1/1/22 | (4) | 450 | | 486 |
| Cleveland OH Airport System Revenue | 5.000% | 1/1/22 | (4) | 1,635 | | 1,765 |
| Cleveland OH Airport System Revenue | 5.000% | 1/1/22 | (Prere.) | 1,000 | | 1,081 |
| Cleveland OH Airport System Revenue | 5.000% | 1/1/23 | (4) | 1,120 | | 1,248 |
| Cleveland OH Airport System Revenue | 5.000% | 1/1/24 | (4) | 3,150 | | 3,616 |
| Cleveland OH GO | 4.000% | 12/1/20 | | 300 | | 309 |
| Cleveland OH GO | 5.000% | 12/1/20 | | 1,800 | | 1,874 |
| Cleveland OH GO | 4.000% | 12/1/21 | | 400 | | 423 |
| Cleveland OH GO | 5.000% | 12/1/21 | | 2,895 | | 3,122 |
| Cleveland OH GO | 5.000% | 12/1/22 | | 3,595 | | 4,007 |
| Cleveland OH GO | 4.000% | 12/1/24 | | 300 | | 340 |
| Cleveland OH GO | 5.000% | 12/1/24 | | 1,000 | | 1,183 |
| Cleveland OH GO | 4.000% | 12/1/25 | | 700 | | 807 |
| Cleveland OH GO | 5.000% | 12/1/25 | | 410 | | 497 |
| Cleveland OH GO | 4.000% | 12/1/26 | | 800 | | 936 |
| Cleveland OH Income Tax Revenue | 5.000% | 5/15/22 | | 1,610 | | 1,759 |
| Cleveland OH Income Tax Revenue | 5.000% | 10/1/22 | | 265 | | 293 |
| Cleveland OH Income Tax Revenue | 4.000% | 10/1/23 | | 250 | | 275 |
| Cleveland OH Income Tax Revenue | 4.000% | 10/1/23 | | 200 | | 220 |
| Cleveland OH Income Tax Revenue | 5.000% | 10/1/23 | | 230 | | 262 |
| Cleveland OH Income Tax Revenue | 4.000% | 10/1/24 | | 300 | | 337 |
| Cleveland OH Income Tax Revenue | 4.000% | 10/1/24 | | 280 | | 315 |
| Cleveland OH Income Tax Revenue | 5.000% | 10/1/24 | | 200 | | 234 |
| Cleveland OH Income Tax Revenue | 4.000% | 10/1/25 | | 200 | | 229 |
| Cleveland OH Income Tax Revenue | 4.000% | 10/1/25 | | 235 | | 269 |
| Cleveland OH Income Tax Revenue | 5.000% | 10/1/25 | | 175 | | 211 |
| Cleveland OH Income Tax Revenue | 4.000% | 10/1/26 | | 225 | | 259 |
| Cleveland OH Income Tax Revenue | 4.000% | 10/1/26 | | 300 | | 346 |
| Cleveland OH Public Power System Revenue | 5.000% | 11/15/19 | | 200 | | 200 |
| Cleveland OH Public Power System Revenue | 5.000% | 11/15/20 | | 220 | | 228 |
| Cleveland OH Public Power System Revenue | 5.000% | 11/15/21 | (4) | 335 | | 360 |
| Cleveland OH Public Power System Revenue | 5.000% | 11/15/22 | (4) | 420 | | 466 |
| Cleveland OH Public Power System Revenue | 5.000% | 11/15/22 | (4) | 1,985 | | 2,200 |
| Cleveland OH Public Power System Revenue | 5.000% | 11/15/23 | (4) | 405 | | 462 |
| Cleveland OH Public Power System Revenue | 5.000% | 11/15/24 | (4) | 475 | | 556 |
| Cleveland OH Public Power System Revenue | 5.000% | 11/15/25 | (4) | 200 | | 239 |
| Cleveland OH Water Revenue | 5.000% | 1/1/21 | | 1,000 | | 1,044 |
| Cleveland OH Water Revenue | 5.000% | 1/1/23 | | 2,080 | | 2,325 |
| Cleveland OH Water Revenue | 5.000% | 1/1/24 | | 1,420 | | 1,635 |
| Cleveland-Cuyahoga County OH Port Authority Revenue (Euclid Avenue Development Corp. Project) | 5.000% | 8/1/22 | | 1,975 | | 2,156 |
| Columbus OH GO | 5.000% | 4/1/24 | | 800 | | 930 |
| Columbus OH Regional Airport Authority Airport Revenue (OASBO Expanded Asset Program) VRDO | 1.110% | 11/7/19 | LOC | 1,625 | | 1,625 |
122
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Cuyahoga County OH (Convention Hotel Project) COP | 5.000% | 12/1/19 | | 5,340 | | 5,355 |
| Cuyahoga County OH (Convention Hotel Project) COP | 5.000% | 12/1/20 | | 5,575 | | 5,787 |
| Cuyahoga County OH (Convention Hotel Project) COP | 5.000% | 12/1/21 | | 4,110 | | 4,410 |
| Cuyahoga County OH Economic Development Revenue (Med Mart/Convention Center Project) | 5.000% | 12/1/19 | | 7,000 | | 7,020 |
| Cuyahoga County OH Excise Tax Revenue (Sports Facilities Improvement Project) | 5.000% | 12/1/21 | (ETM) | 1,070 | | 1,153 |
| Cuyahoga County OH Excise Tax Revenue (Sports Facilities Improvement Project) | 5.000% | 12/1/22 | (ETM) | 1,075 | | 1,197 |
| Cuyahoga County OH Excise Tax Revenue (Sports Facilities Improvement Project) | 5.000% | 12/1/23 | (Prere.) | 535 | | 615 |
| Cuyahoga County OH Excise Tax Revenue (Sports Facilities Improvement Project) | 5.000% | 12/1/23 | (Prere.) | 1,000 | | 1,149 |
| Cuyahoga County OH Hospital Revenue (MetroHealth System) | 5.000% | 2/15/23 | | 4,660 | | 5,082 |
| Cuyahoga County OH Hospital Revenue (MetroHealth System) | 5.000% | 2/15/24 | | 5,030 | | 5,612 |
| Cuyahoga County OH Hospital Revenue (MetroHealth System) | 5.000% | 2/15/25 | | 4,000 | | 4,559 |
| Cuyahoga County OH Sales Tax Revenue | 5.000% | 12/1/20 | | 2,045 | | 2,129 |
| Cuyahoga County OH Sales Tax Revenue | 5.000% | 12/1/21 | | 1,000 | | 1,079 |
4 | Cuyahoga OH CP TOB VRDO | 1.240% | 11/7/19 | | 4,100 | | 4,100 |
| Dayton OH City School District GO | 5.000% | 11/1/19 | | 3,500 | | 3,500 |
| Dayton OH City School District GO | 5.000% | 11/1/20 | | 5,000 | | 5,184 |
| Fairfield County OH Hospital Facilities Revenue (Fairfield Medical Center) | 5.000% | 6/15/21 | | 1,045 | | 1,093 |
1 | Franklin County OH Hospital Facilities Revenue (OhioHealth Corp.) PUT, SIFMA Municipal Swap Index Yield + 0.430% | 1.550% | 11/15/21 | | 7,500 | | 7,515 |
| Greater Cleveland OH Regional Transit Authority Sales Tax Revenue | 5.000% | 12/1/19 | | 1,185 | | 1,188 |
| Greater Cleveland OH Regional Transit Authority Sales Tax Revenue | 5.000% | 12/1/21 | | 1,365 | | 1,473 |
| Greater Cleveland OH Regional Transit Authority Sales Tax Revenue | 5.000% | 12/1/22 | | 1,590 | | 1,772 |
| Hamilton County OH Healthcare Facilities Revenue (Christ Hospital Project) | 5.000% | 6/1/20 | | 1,475 | | 1,505 |
| Hamilton County OH Healthcare Facilities Revenue (Christ Hospital Project) | 5.000% | 6/1/22 | | 4,665 | | 5,083 |
| Hamilton County OH Healthcare Revenue (Life Enriching Communities) | 4.000% | 1/1/21 | | 450 | | 461 |
| Hamilton County OH Healthcare Revenue (Life Enriching Communities) | 5.000% | 1/1/22 | | 470 | | 500 |
| Hamilton County OH Healthcare Revenue (Life Enriching Communities) | 5.000% | 1/1/23 | | 1,450 | | 1,581 |
| Hamilton County OH Healthcare Revenue (Life Enriching Communities) | 5.000% | 1/1/24 | | 1,355 | | 1,512 |
| Hamilton County OH Hospital Facilities Revenue (Cincinnati Children’s Hospital Medical Center) | 5.000% | 5/15/20 | | 1,000 | | 1,020 |
| Hamilton County OH Hospital Facilities Revenue (Cincinnati Children’s Hospital Medical Center) | 5.000% | 5/15/21 | | 1,000 | | 1,058 |
| Hamilton County OH Hospital Facilities Revenue (Cincinnati Children’s Hospital Medical Center) | 5.000% | 5/15/22 | | 500 | | 547 |
| Hamilton County OH Hospital Facilities Revenue (Cincinnati Children’s Hospital Medical Center) | 5.000% | 5/15/26 | | 2,500 | | 2,896 |
| Hamilton County OH Hospital Facilities Revenue (UC Health) | 5.000% | 2/1/20 | | 800 | | 807 |
| Hamilton County OH Hospital Facilities Revenue (UC Health) | 5.000% | 2/1/22 | | 500 | | 540 |
| Hamilton County OH Sales Tax Revenue | 5.000% | 12/1/22 | | 2,325 | | 2,592 |
| Hamilton County OH Sales Tax Revenue | 5.000% | 12/1/25 | | 3,435 | | 4,168 |
| Hamilton County OH Sewer System Revenue | 5.000% | 12/1/21 | | 2,085 | | 2,250 |
| Hamilton OH City School District GO | 5.000% | 12/1/21 | | 3,475 | | 3,744 |
| JobsOhio Beverage System Statewide Liquor Profits Revenue | 5.000% | 1/1/20 | | 14,460 | | 14,547 |
| JobsOhio Beverage System Statewide Liquor Profits Revenue | 5.000% | 1/1/21 | | 2,280 | | 2,380 |
| JobsOhio Beverage System Statewide Liquor Profits Revenue | 5.000% | 1/1/23 | | 1,725 | | 1,923 |
4 | JobsOhio Beverage System Statewide Liquor Profits Revenue TOB VRDO | 1.170% | 11/7/19 | | 23,560 | | 23,560 |
| Kent State University Ohio Revenue | 5.000% | 5/1/20 | | 1,650 | | 1,680 |
| Kent State University Ohio Revenue | 5.000% | 5/1/21 | | 1,810 | | 1,911 |
| Kent State University Ohio Revenue | 4.000% | 5/1/22 | | 3,015 | | 3,218 |
| Kent State University Ohio Revenue | 4.000% | 5/1/23 | | 3,060 | | 3,339 |
| Lake County OH Hospital Facilities Revenue (Lake Hospital System Inc.) | 5.000% | 8/15/20 | | 1,230 | | 1,263 |
| Lake County OH Hospital Facilities Revenue (Lake Hospital System Inc.) | 5.000% | 8/15/21 | | 1,095 | | 1,161 |
| Lake County OH Hospital Facilities Revenue (Lake Hospital System Inc.) | 5.000% | 8/15/22 | | 1,595 | | 1,744 |
| Lake County OH Hospital Facilities Revenue (Lake Hospital System Inc.) | 5.000% | 8/15/23 | | 815 | | 915 |
| Lake County OH Hospital Facilities Revenue (Lake Hospital System Inc.) | 5.000% | 8/15/24 | | 980 | | 1,130 |
| Lancaster OH Port Authority Gas Supply Revenue PUT | 5.000% | 2/1/25 | | 10,000 | | 11,625 |
| Lucas County OH Hospital Revenue (ProMedica Healthcare Obligated Group) | 5.000% | 11/15/21 | (Prere.) | 3,095 | | 3,329 |
| Lucas County OH Hospital Revenue (ProMedica Healthcare Obligated Group) | 5.000% | 11/15/21 | | 2,290 | | 2,429 |
| Lucas County OH Hospital Revenue (ProMedica Healthcare Obligated Group) | 5.000% | 11/15/22 | | 5,105 | | 5,412 |
| Lucas County OH Hospital Revenue (ProMedica Healthcare Obligated Group) | 5.000% | 11/15/23 | | 5,605 | | 5,940 |
| Lucas County OH Hospital Revenue (ProMedica Healthcare Obligated Group) | 5.000% | 11/15/25 | | 240 | | 254 |
| Lucas County OH Hospital Revenue (ProMedica Healthcare Obligated Group) | 5.250% | 11/15/28 | | 4,000 | | 4,249 |
| Lucas County OH Hospital Revenue (ProMedica Healthcare Obligated Group) | 5.000% | 11/15/29 | | 1,545 | | 1,624 |
| Lucas County OH-Plaza Housing Development Corp. Revenue | 0.000% | 6/1/24 | (ETM) | 19,430 | | 18,056 |
| Montgomery County OH Hospital Revenue (Premier Health Partners) | 5.000% | 11/15/24 | | 1,000 | | 1,167 |
| Montgomery County OH Hospital Revenue (Premier Health Partners) | 5.000% | 11/15/25 | | 3,735 | | 4,451 |
| Montgomery County OH Hospital Revenue (Premier Health Partners) | 5.000% | 11/15/26 | | 3,580 | | 4,336 |
| Montgomery County OH Revenue (Miami Valley Hospital) | 5.750% | 11/15/21 | | 4,800 | | 4,992 |
4 | Montgomery County OH Revenue (Premier Health Partners Obligated Group) VRDO | 1.380% | 11/1/19 | LOC | 11,670 | | 11,670 |
| Ohio Adult Correctional Capital Facilities Revenue | 5.000% | 10/1/26 | | 3,895 | | 4,786 |
| Ohio Building Authority Revenue (Highway Safety Building) | 5.000% | 10/1/20 | | 1,265 | | 1,309 |
| Ohio Capital Facilities Lease-Appropriation Revenue (Adult Correctional Building Fund Projects) | 4.000% | 10/1/20 | | 500 | | 513 |
| Ohio Capital Facilities Lease-Appropriation Revenue (Adult Correctional Building Fund Projects) | 5.000% | 10/1/21 | | 1,000 | | 1,071 |
| Ohio Capital Facilities Lease-Appropriation Revenue (Adult Correctional Building Fund Projects) | 5.000% | 10/1/22 | | 550 | | 609 |
| Ohio Capital Facilities Lease-Appropriation Revenue (Adult Correctional Building Fund Projects) | 5.000% | 10/1/22 | (Prere.) | 750 | | 833 |
123
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Ohio Capital Facilities Lease-Appropriation Revenue (Adult Correctional Building Fund Projects) | 5.000% | 10/1/22 | | 890 | | 986 |
| Ohio Capital Facilities Lease-Appropriation Revenue (Adult Correctional Building Fund Projects) | 5.000% | 10/1/22 | | 1,000 | | 1,107 |
| Ohio Capital Facilities Lease-Appropriation Revenue (Cultural & Sports Facilities Building Fund Projects) | 5.000% | 10/1/22 | | 1,060 | | 1,173 |
| Ohio Capital Facilities Lease-Appropriation Revenue (Cultural & Sports Facilities Building Fund Projects) | 5.000% | 10/1/23 | | 1,260 | | 1,438 |
| Ohio Capital Facilities Lease-Appropriation Revenue (Mental Health Facilities Improvement Fund Projects) | 5.000% | 6/1/21 | | 1,110 | | 1,175 |
| Ohio Capital Facilities Lease-Appropriation Revenue (Mental Health Facilities Improvement Fund Projects) | 5.000% | 6/1/23 | | 1,040 | | 1,175 |
| Ohio Capital Facilities Lease-Appropriation Revenue (Parks & Recreation Improvement Fund Projects) | 5.000% | 8/1/23 | | 1,000 | | 1,135 |
| Ohio Common Schools GO | 5.000% | 9/15/21 | | 5,920 | | 6,344 |
| Ohio Common Schools GO | 5.000% | 9/15/21 | (Prere.) | 4,410 | | 4,725 |
| Ohio Common Schools GO | 5.000% | 9/15/23 | | 11,315 | | 12,954 |
| Ohio Cultural & Sports Capital Facilities Lease Revenue | 5.000% | 4/1/22 | | 725 | | 790 |
| Ohio Cultural & Sports Capital Facilities Lease Revenue | 5.000% | 4/1/23 | | 800 | | 899 |
| Ohio Cultural & Sports Capital Facilities Lease revenue | 5.000% | 10/1/23 | | 1,525 | | 1,740 |
| Ohio Cultural & Sports Capital Facilities Lease Revenue | 5.000% | 4/1/24 | | 650 | | 752 |
| Ohio Cultural & Sports Capital Facilities Lease revenue | 5.000% | 10/1/24 | | 1,550 | | 1,819 |
| Ohio Cultural & Sports Capital Facilities Lease Revenue | 5.000% | 4/1/25 | | 800 | | 950 |
| Ohio Cultural & Sports Capital Facilities Lease revenue | 5.000% | 10/1/25 | | 1,090 | | 1,312 |
| Ohio GO | 5.000% | 9/15/20 | | 26,315 | | 27,190 |
| Ohio GO | 5.000% | 5/1/21 | | 2,675 | | 2,829 |
| Ohio GO | 4.000% | 3/1/25 | | 5,000 | | 5,457 |
| Ohio GO | 5.000% | 6/15/25 | | 12,150 | | 13,673 |
| Ohio GO | 4.000% | 2/1/26 | | 7,905 | | 8,488 |
| Ohio Higher Education GO | 5.000% | 5/1/22 | | 5,800 | | 6,350 |
| Ohio Higher Educational Facility Commission Revenue (Case Western Reserve University Project) | 5.000% | 12/1/22 | | 4,620 | | 5,140 |
| Ohio Higher Educational Facility Commission Revenue (Case Western Reserve University Project) | 5.000% | 12/1/23 | | 2,555 | | 2,934 |
| Ohio Higher Educational Facility Commission Revenue (Case Western Reserve University Project) | 5.000% | 12/1/24 | | 1,915 | | 2,268 |
| Ohio Higher Educational Facility Commission Revenue (Case Western Reserve University Project) | 5.000% | 12/1/25 | | 2,000 | | 2,433 |
| Ohio Higher Educational Facility Commission Revenue (Denison University Project) | 5.000% | 11/1/22 | | 1,220 | | 1,356 |
| Ohio Higher Educational Facility Commission Revenue (Denison University Project) | 5.000% | 11/1/23 | | 1,385 | | 1,587 |
| Ohio Higher Educational Facility Commission Revenue (Denison University Project) | 5.000% | 11/1/24 | | 1,255 | | 1,480 |
| Ohio Higher Educational Facility Commission Revenue (Oberlin College Project) | 4.000% | 7/1/20 | | 325 | | 331 |
| Ohio Higher Educational Facility Commission Revenue (Oberlin College Project) | 4.000% | 7/1/21 | | 500 | | 522 |
| Ohio Higher Educational Facility Commission Revenue (Oberlin College Project) | 5.000% | 7/1/22 | | 305 | | 334 |
| Ohio Higher Educational Facility Commission Revenue (Oberlin College Project) | 5.000% | 7/1/23 | | 400 | | 452 |
| Ohio Higher Educational Facility Commission Revenue (Oberlin College Project) | 5.000% | 7/1/24 | | 500 | | 582 |
| Ohio Higher Educational Facility Commission Revenue (Oberlin College Project) | 5.000% | 7/1/25 | | 260 | | 310 |
| Ohio Higher Educational Facility Commission Revenue (Xavier University Project) | 5.000% | 5/1/20 | | 1,350 | | 1,372 |
| Ohio Higher Educational Facility Commission Revenue (Xavier University Project) | 5.000% | 5/1/22 | | 540 | | 583 |
| Ohio Highway Capital Improvements GO | 5.000% | 5/1/21 | | 3,645 | | 3,854 |
| Ohio Hospital Revenue (University Hospitals Health System Inc.) VRDO | 1.330% | 11/1/19 | | 8,500 | | 8,500 |
| Ohio Hospital Revenue (University Hospitals Health System Inc.) VRDO | 1.330% | 11/1/19 | | 10,875 | | 10,875 |
| Ohio Hospital Revenue (University Hospitals Health System Inc.) VRDO | 1.340% | 11/1/19 | | 13,250 | | 13,250 |
| Ohio Housing Finance Agency Multifamily Housing Revenue (Neilan Park Apartments Project) PUT | 1.750% | 6/1/21 | | 1,060 | | 1,066 |
| Ohio Juvenile Correctional Capital Facilities Revenue | 5.000% | 4/1/24 | | 1,000 | | 1,157 |
| Ohio Juvenile Correctional Capital Facilities Revenue | 5.000% | 4/1/25 | | 750 | | 891 |
| Ohio Major New State Infrastructure Project Revenue | 4.000% | 12/15/19 | | 2,450 | | 2,458 |
| Ohio Major New State Infrastructure Project Revenue | 5.000% | 12/15/19 | | 2,500 | | 2,511 |
| Ohio Major New State Infrastructure Project Revenue | 5.000% | 12/15/19 | | 6,160 | | 6,186 |
| Ohio Major New State Infrastructure Project Revenue | 5.000% | 12/15/20 | | 3,195 | | 3,328 |
| Ohio Major New State Infrastructure Project Revenue | 5.000% | 12/15/20 | | 3,525 | | 3,672 |
| Ohio Major New State Infrastructure Project Revenue | 5.000% | 12/15/21 | | 4,090 | | 4,413 |
| Ohio Major New State Infrastructure Project Revenue | 5.000% | 12/15/24 | | 10,130 | | 11,978 |
| Ohio Mental Health Facilities Improvement Fund Revenue | 5.000% | 6/1/24 | | 1,715 | | 1,995 |
| Ohio Mental Health Facilities Improvement Fund Revenue | 5.000% | 6/1/25 | | 2,790 | | 3,340 |
| Ohio Parks & Recreation Capital Facilities Revenue | 5.000% | 12/1/25 | | 2,270 | | 2,743 |
| Ohio Public Facilities Commission GO | 5.000% | 2/1/21 | | 1,390 | | 1,456 |
| Ohio Public Facilities Commission GO | 5.000% | 4/1/21 | | 2,280 | | 2,403 |
| Ohio State University General Receipts Revenue | 5.000% | 12/1/23 | | 1,110 | | 1,279 |
| Ohio State University General Receipts Revenue | 5.000% | 12/1/24 | | 1,035 | | 1,228 |
| Ohio State University General Receipts Revenue | 5.000% | 12/1/25 | | 980 | | 1,193 |
| Ohio Turnpike Commission Turnpike Revenue | 5.000% | 2/15/24 | | 1,555 | | 1,795 |
| Ohio Turnpike Commission Turnpike Revenue | 5.000% | 2/15/25 | | 1,525 | | 1,812 |
4 | Ohio Turnpike Commission Turnpike Revenue TOB VRDO | 1.220% | 11/7/19 | | 12,000 | | 12,000 |
| Ohio Water Development Authority Fresh Water Revenue | 5.250% | 6/1/24 | | 1,995 | | 2,329 |
| Ohio Water Development Authority Pollution Control Revenue (Water Quality) | 5.000% | 12/1/19 | | 1,925 | | 1,931 |
| Ohio Water Development Authority Pollution Control Revenue (Water Quality) | 5.000% | 12/1/20 | | 7,500 | | 7,810 |
124
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Ohio Water Development Authority Pollution Control Revenue (Water Quality) | 5.000% | 6/1/21 | | 12,270 | | 13,011 |
| Ohio Water Development Authority Pollution Control Revenue (Water Quality) | 5.000% | 12/1/21 | | 4,050 | | 4,370 |
| Ohio Water Development Authority Pollution Control Revenue (Water Quality) | 5.000% | 6/1/23 | | 1,700 | | 1,927 |
| Ohio Water Development Authority Revenue | 5.000% | 6/1/26 | | 5,000 | | 6,153 |
| Ohio Water Development Authority Water Pollution Control Loan Fund Revenue | 5.000% | 12/1/19 | | 5,490 | | 5,506 |
| Ohio Water Development Authority Water Pollution Control Loan Fund Revenue | 5.000% | 6/1/21 | | 1,350 | | 1,432 |
| Ohio Water Development Authority Water Pollution Control Loan Fund Revenue | 5.000% | 12/1/21 | | 1,300 | | 1,403 |
| Ohio Water Development Authority Water Pollution Control Loan Fund Revenue | 5.000% | 6/1/22 | | 3,030 | | 3,326 |
| Ohio Water Development Authority Water Pollution Control Loan Fund Revenue | 5.000% | 12/1/22 | | 2,975 | | 3,320 |
1 | Ohio Water Development Authority Water Pollution Control Loan Fund Revenue, SIFMA Municipal Swap Index Yield + 0.220% | 1.340% | 12/1/20 | | 88,470 | | 88,473 |
| Penta Career Center Ohio COP | 5.000% | 4/1/20 | | 1,095 | | 1,111 |
| Penta Career Center Ohio COP | 5.250% | 4/1/24 | | 2,915 | | 3,174 |
| Princeton OH City School District GO | 5.000% | 12/1/22 | | 700 | | 780 |
| Princeton OH City School District GO | 5.000% | 12/1/23 | | 1,350 | | 1,550 |
| Princeton OH City School District GO | 5.000% | 12/1/25 | | 815 | | 963 |
| Ross County OH Hospital Revenue (Adena Health System Obligated Group Project) | 5.000% | 12/1/20 | | 1,000 | | 1,039 |
| Ross County OH Hospital Revenue (Adena Health System Obligated Group Project) | 5.000% | 12/1/21 | | 335 | | 360 |
| Ross County OH Hospital Revenue (Adena Health System Obligated Group Project) | 5.000% | 12/1/22 | | 350 | | 388 |
| Ross County OH Hospital Revenue (Adena Health System Obligated Group Project) | 5.000% | 12/1/23 | | 500 | | 569 |
| Ross County OH Hospital Revenue (Adena Health System Obligated Group Project) | 5.000% | 12/1/24 | | 525 | | 614 |
| Ross County OH Hospital Revenue (Adena Health System Obligated Group Project) | 5.000% | 12/1/25 | | 450 | | 537 |
| Ross County OH Hospital Revenue (Adena Health System Obligated Group Project) | 5.000% | 12/1/26 | | 575 | | 701 |
| Scioto County OH Hospital Facilities Revenue (Southern Ohio Medical Center) | 5.000% | 2/15/20 | | 1,135 | | 1,146 |
| Scioto County OH Hospital Facilities Revenue (Southern Ohio Medical Center) | 5.000% | 2/15/21 | | 650 | | 678 |
| Scioto County OH Hospital Facilities Revenue (Southern Ohio Medical Center) | 5.000% | 2/15/22 | | 1,125 | | 1,213 |
| South-Western City OH School District GO | 5.000% | 12/1/23 | | 1,095 | | 1,260 |
| Southeastern Ohio Port Authority Hospital Facilities Revenue (Marietta Area Health Care Inc. Obligated Group) | 5.000% | 12/1/22 | | 735 | | 787 |
| Toledo OH City School District GO | 5.000% | 12/1/19 | | 2,220 | | 2,226 |
5 | University of Akron Ohio General Receipts Revenue | 5.000% | 1/1/24 | | 535 | | 612 |
| University of Akron Ohio General Receipts Revenue | 5.000% | 1/1/24 | | 955 | | 1,095 |
5 | University of Akron Ohio General Receipts Revenue | 5.000% | 1/1/25 | | 1,500 | | 1,758 |
5 | University of Akron Ohio General Receipts Revenue | 4.000% | 1/1/27 | | 3,000 | | 3,467 |
| University of Toledo Ohio General Receipts Revenue | 5.000% | 6/1/22 | | 2,480 | | 2,709 |
| University of Toledo Ohio General Receipts Revenue | 5.000% | 6/1/23 | | 3,000 | | 3,378 |
| Warren County OH Health Care Facilities Improvement Revenue (Otterbein Homes Project) | 5.000% | 7/1/20 | | 2,550 | | 2,611 |
| Warren County OH Health Care Facilities Improvement Revenue (Otterbein Homes Project) | 5.000% | 7/1/21 | | 2,495 | | 2,641 |
| Warren County OH Health Care Facilities Improvement Revenue (Otterbein Homes Project) | 5.000% | 7/1/26 | | 800 | | 957 |
| | | | | | | 1,005,807 |
Oklahoma (0.3%) | | | | | | |
| Edmond OK Public Works Authority Sales Tax & Utility System Revenue | 4.000% | 7/1/23 | | 1,000 | | 1,096 |
| Edmond OK Public Works Authority Sales Tax & Utility System Revenue | 4.000% | 7/1/24 | | 1,000 | | 1,119 |
| Grand River Dam Authority Oklahoma Revenue | 5.000% | 6/1/21 | | 5,020 | | 5,318 |
| Grand River Dam Authority Oklahoma Revenue | 5.000% | 6/1/22 | | 1,535 | | 1,682 |
| Grand River Dam Authority Oklahoma Revenue | 5.000% | 6/1/23 | | 3,655 | | 4,137 |
| Norman OK Regional Hospital Authority Revenue | 5.000% | 9/1/21 | | 2,150 | | 2,284 |
| Norman OK Regional Hospital Authority Revenue | 5.000% | 9/1/22 | | 2,375 | | 2,600 |
| Norman OK Regional Hospital Authority Revenue | 5.000% | 9/1/23 | | 5,040 | | 5,670 |
| Oklahoma Capitol Improvement Authority Facilities Revenue | 5.000% | 7/1/21 | | 1,000 | | 1,062 |
| Oklahoma Development Finance Authority Health System Revenue (Integris Health Obligated Group) | 5.000% | 8/15/20 | | 1,310 | | 1,348 |
| Oklahoma Development Finance Authority Health System Revenue (Integris Health Obligated Group) | 5.000% | 8/15/21 | | 2,000 | | 2,129 |
| Oklahoma Development Finance Authority Health System Revenue (Integris Health Obligated Group) | 5.000% | 8/15/22 | | 1,325 | | 1,457 |
| Oklahoma Development Finance Authority Health System Revenue (OU Medicine) | 5.000% | 8/15/23 | | 1,040 | | 1,159 |
| Oklahoma Development Finance Authority Health System Revenue (OU Medicine) | 5.000% | 8/15/24 | | 715 | | 817 |
| Oklahoma Development Finance Authority Health System Revenue (OU Medicine) | 5.000% | 8/15/25 | | 1,520 | | 1,777 |
| Oklahoma Development Finance Authority Health System Revenue (OU Medicine) | 5.000% | 8/15/26 | | 1,600 | | 1,907 |
| Oklahoma Development Finance Authority Health System Revenue (OU Medicine) | 5.000% | 8/15/27 | | 900 | | 1,092 |
| Oklahoma Municipal Power Authority Power Supply System Revenue | 5.000% | 1/1/26 | | 4,245 | | 4,708 |
| Tulsa County OK Independent School District No. 11 (Owasso) Revenue | 5.000% | 9/1/21 | | 825 | | 880 |
| Tulsa County OK Independent School District No. 11 (Owasso) Revenue | 5.000% | 9/1/22 | | 855 | | 939 |
| Tulsa County OK Independent School District No. 11 (Owasso) Revenue | 5.000% | 9/1/23 | | 530 | | 599 |
| Tulsa County OK Industrial Authority Capital Improvements Revenue | 4.000% | 12/1/23 | | 3,565 | | 3,940 |
| Tulsa County OK Industrial Authority Capital Improvements Revenue | 4.000% | 12/1/24 | | 3,710 | | 4,181 |
| Tulsa County OK Industrial Authority Capital Improvements Revenue | 4.000% | 12/1/25 | | 3,860 | | 4,428 |
| Tulsa County OK Industrial Authority Educational Facilities Lease Revenue | 5.000% | 9/1/21 | | 1,470 | | 1,570 |
| Tulsa County OK Industrial Authority Educational Facilities Lease Revenue | 5.000% | 9/1/22 | | 2,145 | | 2,370 |
| Tulsa County OK Industrial Authority Senior Living Community Revenue (Montereau Inc.) | 5.000% | 11/15/24 | | 1,000 | | 1,137 |
125
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Tulsa County OK Public Facilities Authority Revenue | 4.000% | 10/1/24 | | 11,510 | | 12,940 |
| Tulsa County OK Public Facilities Authority Revenue | 4.000% | 10/1/25 | | 11,610 | | 13,314 |
| | | | | | | 87,660 |
Oregon (0.3%) | | | | | | |
| Clackamas County OR GO | 5.000% | 6/1/23 | | 2,750 | | 3,121 |
| Clackamas County OR Hospital Facilities Authority Revenue (Willamette View Inc.) | 3.000% | 11/15/22 | | 2,500 | | 2,501 |
| Clackamas County OR Hospital Facility Authority Revenue (Mary’s Woods at Marylhurst) | 2.600% | 11/15/23 | | 3,100 | | 3,101 |
| Clackamas County OR Hospital Facility Authority Revenue (Mary’s Woods at Marylhurst) | 2.800% | 5/15/24 | | 575 | | 575 |
| Clackamas County OR School District No. 7J Lake Oswego GO | 5.000% | 6/1/23 | | 1,000 | | 1,134 |
| Clackamas County OR School District No. 7J Lake Oswego GO | 5.000% | 6/1/24 | | 1,000 | | 1,169 |
| Forest Grove OR Campus Improvement Revenue (Pacific University Project) | 4.000% | 5/1/20 | | 500 | | 505 |
| Forest Grove OR Campus Improvement Revenue (Pacific University Project) | 4.000% | 5/1/21 | | 350 | | 361 |
| Forest Grove OR Campus Improvement Revenue (Pacific University Project) | 5.000% | 5/1/22 | | 350 | | 376 |
| Marion & Polk Counties OR School District GO (No. 24J Salem) | 5.000% | 6/15/23 | | 570 | | 647 |
| Marion & Polk Counties OR School District GO (No. 24J Salem) | 5.000% | 6/15/24 | | 840 | | 984 |
| Marion & Polk Counties OR School District GO (No. 24J Salem) | 5.000% | 6/15/25 | | 1,025 | | 1,235 |
| Metro OR GO | 5.000% | 6/1/23 | | 2,805 | | 3,183 |
| Metro OR GO | 5.000% | 6/1/25 | | 3,330 | | 4,012 |
| Multnomah and Clackamas Counties OR School District GO | 5.000% | 6/15/25 | | 3,125 | | 3,754 |
5 | Multnomah County OR Hospital Facilities Authority Revenue (Adventist Health System/West) PUT | 5.000% | 3/1/25 | | 11,435 | | 13,298 |
| Oregon Department of Administrative Services Lottery Revenue | 5.000% | 4/1/21 | | 7,000 | | 7,376 |
| Oregon Department of Administrative Services Lottery Revenue | 5.000% | 4/1/26 | | 5,000 | | 5,633 |
| Oregon Department of Administrative Services Lottery Revenue | 5.000% | 4/1/29 | | 1,510 | | 1,787 |
| Oregon Department of Transportation Highway User Tax Revenue | 5.000% | 11/15/24 | | 3,410 | | 3,798 |
| Oregon Facilities Authority Revenue (Legacy Health Project) | 5.000% | 6/1/22 | | 750 | | 820 |
| Oregon Facilities Authority Revenue (Legacy Health Project) | 5.000% | 6/1/23 | | 675 | | 761 |
| Oregon Facilities Authority Revenue (PeaceHealth) | 5.000% | 11/15/19 | | 1,015 | | 1,016 |
| Oregon Facilities Authority Revenue (PeaceHealth) | 5.000% | 11/15/20 | | 1,275 | | 1,323 |
| Oregon Facilities Authority Revenue (Samaritan Health Services Project) | 4.875% | 10/1/25 | | 1,695 | | 1,745 |
| Oregon GO | 5.000% | 8/1/21 | | 1,750 | | 1,867 |
| Oregon GO | 5.000% | 8/1/24 | | 3,625 | | 4,258 |
| Oregon GO | 5.000% | 5/1/26 | | 5,560 | | 6,284 |
| Oregon Housing & Community Service Department Single Family Mortgage Revenue | 4.000% | 7/1/44 | | 1,950 | | 2,047 |
| Portland OR Community College District GO | 5.000% | 6/15/24 | | 1,125 | | 1,317 |
| Salem OR Hospital Facilities Authority Revenue (Capital Manor Inc.) | 5.000% | 5/15/23 | | 100 | | 111 |
| Salem OR Hospital Facilities Authority Revenue (Capital Manor Inc.) | 5.000% | 5/15/24 | | 110 | | 125 |
| Salem OR Hospital Facilities Authority Revenue (Capital Manor Inc.) | 5.000% | 5/15/25 | | 115 | | 134 |
| Tri-County Metropolitan Transportation District of Oregon Capital Grant Receipt Revenue | 5.000% | 10/1/22 | | 1,470 | | 1,628 |
| Tri-County Metropolitan Transportation District of Oregon Capital Grant Receipt Revenue | 5.000% | 10/1/23 | | 2,525 | | 2,880 |
| Tri-County Metropolitan Transportation District of Oregon Capital Grant Receipt Revenue | 5.000% | 10/1/24 | | 2,575 | | 3,017 |
| Tri-County Metropolitan Transportation District of Oregon Capital Grant Receipt Revenue | 5.000% | 10/1/25 | | 5,100 | | 6,130 |
| Washington Yamhill and Multnomah Counties OR Hillsboro School District No. 1J GO | 5.000% | 6/15/23 | | 425 | | 483 |
| Washington Yamhill and Multnomah Counties OR Hillsboro School District No. 1J GO | 5.000% | 6/15/24 | | 645 | | 755 |
| Washington Yamhill and Multnomah Counties OR Hillsboro School District No. 1J GO | 4.000% | 6/15/25 | | 500 | | 573 |
| | | | | | | 95,824 |
Pennsylvania (5.6%) | | | | | | |
| Allegheny County PA GO | 5.000% | 12/1/19 | | 5,310 | | 5,325 |
| Allegheny County PA Higher Education Building Authority University Revenue (Chatham University) | 5.000% | 9/1/22 | | 1,000 | | 1,084 |
| Allegheny County PA Higher Education Building Authority University Revenue (Chatham University) | 5.000% | 9/1/25 | | 1,015 | | 1,092 |
| Allegheny County PA Higher Education Building Authority University Revenue (Robert Morris University) | 3.000% | 10/15/22 | | 385 | | 390 |
| Allegheny County PA Higher Education Building Authority University Revenue (Robert Morris University) | 5.000% | 10/15/26 | | 500 | | 566 |
| Allegheny County PA Hospital Development Authority Revenue | 5.000% | 4/1/22 | | 1,750 | | 1,894 |
| Allegheny County PA Hospital Development Authority Revenue | 5.000% | 4/1/23 | | 1,625 | | 1,812 |
| Allegheny County PA Hospital Development Authority Revenue | 5.000% | 4/1/24 | | 5,010 | | 5,737 |
| Allegheny County PA Hospital Development Authority Revenue | 5.000% | 4/1/25 | | 8,020 | | 9,423 |
| Allegheny County PA Hospital Development Authority Revenue (University of Pittsburgh Medical Center) | 5.000% | 7/15/25 | | 6,145 | | 7,342 |
| Allegheny County PA Hospital Development Authority Revenue (University of Pittsburgh Medical Center) | 5.000% | 7/15/26 | | 8,165 | | 9,959 |
1,4 | Allegheny County PA Hospital Development Authority Revenue (University of Pittsburgh Medical Center) TOB PUT, SIFMA Municipal Swap Index Yield + 0.170% | 1.290% | 12/2/19 | LOC | 10,000 | | 10,000 |
1 | Allegheny County PA Hospital Development Authority Revenue (University of Pittsburgh Medical Center), 67% of 3M USD LIBOR + 0.720% | 2.230% | 2/1/21 | | 3,035 | | 3,038 |
| Allegheny County PA Sanitary Authority Sewer Revenue | 5.000% | 12/1/20 | | 3,025 | | 3,147 |
| Allentown PA City School District GO | 5.000% | 2/1/24 | (15) | 1,150 | | 1,295 |
| Allentown PA City School District GO | 5.000% | 2/1/25 | (15) | 955 | | 1,112 |
126
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Allentown PA Neighborhood Improvement Zone Development Authority Tax Revenue | 5.000% | 5/1/22 | | 1,470 | | 1,561 |
| Allentown PA Neighborhood Improvement Zone Development Authority Tax Revenue | 5.000% | 5/1/23 | | 1,000 | | 1,084 |
| Allentown PA Neighborhood Improvement Zone Development Authority Tax Revenue | 5.000% | 5/1/25 | | 2,500 | | 2,672 |
| Altoona PA Sewer Revenue | 5.000% | 12/1/24 | (4) | 150 | | 174 |
| Altoona PA Sewer Revenue | 5.000% | 12/1/25 | (4) | 250 | | 297 |
| Altoona PA Sewer Revenue | 5.000% | 12/1/26 | (4) | 250 | | 303 |
| Armstrong PA School District GO | 3.000% | 3/15/25 | (15) | 575 | | 615 |
| Armstrong PA School District GO | 3.000% | 3/15/26 | (15) | 875 | | 939 |
| Beaver County PA GO | 4.000% | 4/15/20 | (15) | 660 | | 667 |
| Beaver County PA GO | 4.000% | 4/15/21 | (15) | 690 | | 714 |
| Beaver County PA GO | 4.000% | 4/15/22 | (15) | 725 | | 769 |
| Beaver County PA GO | 5.000% | 4/15/24 | (15) | 1,090 | | 1,253 |
| Beaver County PA GO | 5.000% | 4/15/25 | (15) | 1,415 | | 1,667 |
| Beaver County PA Hospital Authority Revenue (Heritage Valley Health System Inc.) | 5.000% | 5/15/25 | | 1,370 | | 1,441 |
| Berks County PA Industrial Development Authority Health System Revenue (Tower Health Project) | 5.000% | 11/1/21 | | 500 | | 533 |
| Berks County PA Industrial Development Authority Health System Revenue (Tower Health Project) | 5.000% | 11/1/23 | | 1,520 | | 1,718 |
| Berks County PA Industrial Development Authority Health System Revenue (Tower Health Project) | 5.000% | 11/1/24 | | 1,110 | | 1,287 |
| Bethel Park PA School District GO | 5.000% | 8/1/22 | | 515 | | 567 |
| Bethel Park PA School District GO | 5.000% | 8/1/23 | | 850 | | 967 |
1 | Bethlehem PA Area School District Authority Revenue PUT, 70% of 1M USD LIBOR + 0.480% | 1.730% | 11/1/21 | | 10,135 | | 10,138 |
1 | Bethlehem PA Area School District Authority Revenue PUT, 70% of 1M USD LIBOR + 0.490% | 1.740% | 11/1/21 | | 6,625 | | 6,629 |
| Bethlehem PA GO | 5.000% | 12/1/23 | (4) | 295 | | 338 |
| Bethlehem PA GO | 5.000% | 12/1/24 | (4) | 290 | | 341 |
| Bethlehem PA GO | 5.000% | 12/1/25 | (4) | 530 | | 640 |
| Bethlehem PA Water Authority Revenue | 5.000% | 11/15/19 | (15) | 1,165 | | 1,166 |
| Bethlehem PA Water Authority Revenue | 5.000% | 11/15/20 | (15) | 1,000 | | 1,038 |
| Bucks County PA Water & Sewer Authority Water System Revenue | 5.000% | 6/1/21 | (15) | 4,510 | | 4,774 |
| Bucks County PA Water & Sewer Authority Water System Revenue | 4.000% | 6/1/22 | (15) | 605 | | 646 |
| Bucks County PA Water & Sewer Authority Water System Revenue | 4.000% | 6/1/23 | (15) | 515 | | 562 |
| Butler County PA Hospital Authority Revenue (Butler Health System Project) | 4.000% | 7/1/20 | | 525 | | 533 |
| Butler County PA Hospital Authority Revenue (Butler Health System Project) | 4.000% | 7/1/21 | | 575 | | 597 |
| Butler County PA Hospital Authority Revenue (Butler Health System Project) | 5.000% | 7/1/22 | | 1,150 | | 1,250 |
| Butler County PA Hospital Authority Revenue (Butler Health System Project) | 5.000% | 7/1/23 | | 1,410 | | 1,572 |
| Capital Region Water Pennsylvania Sewer System Revenue | 5.000% | 7/15/23 | (15) | 1,705 | | 1,928 |
| Capital Region Water Pennsylvania Sewer System Revenue | 5.000% | 7/15/25 | | 1,000 | | 1,189 |
| Centre County PA Hospital Authority Revenue (Mount Nittany Medical Center Project) | 5.000% | 11/15/24 | | 1,000 | | 1,161 |
| Centre County PA Hospital Authority Revenue (Mount Nittany Medical Center Project) | 5.000% | 11/15/25 | | 1,040 | | 1,235 |
4 | Chester County PA Industrial Development Authority Student Housing Revenue (University Student Housing LLC Project) VRDO,TOBN | 1.380% | 11/7/19 | LOC | 27,860 | | 27,860 |
| Clarion County PA Industrial Development Authority Revenue (Clarion University Foundation Inc. Student Housing Project) | 5.000% | 7/1/20 | | 1,015 | | 1,032 |
| Clarion County PA Industrial Development Authority Revenue (Clarion University Foundation Inc. Student Housing Project) | 5.000% | 7/1/21 | | 1,070 | | 1,112 |
| Clarion County PA Industrial Development Authority Revenue (Clarion University Foundation Inc. Student Housing Project) | 5.000% | 7/1/22 | | 1,120 | | 1,187 |
| Clarion County PA Industrial Development Authority Revenue (Clarion University Foundation Inc. Student Housing Project) | 5.000% | 7/1/23 | | 1,180 | | 1,272 |
| Coatesville PA School District Building Authority Lease Revenue | 5.000% | 12/1/20 | (15) | 345 | | 358 |
| Coatesville PA School District Building Authority Lease Revenue | 5.000% | 12/1/21 | (15) | 315 | | 337 |
| Coatesville PA School District Building Authority Lease Revenue | 5.000% | 12/1/22 | (15) | 400 | | 440 |
| Coatesville PA School District Building Authority Lease Revenue | 5.000% | 12/1/23 | (15) | 400 | | 446 |
| Coatesville PA School District Building Authority Lease Revenue | 5.000% | 12/1/24 | (15) | 430 | | 479 |
| Coatesville PA School District Building Authority Lease Revenue | 5.000% | 12/1/25 | (15) | 390 | | 434 |
| Coatesville PA School District GO | 5.000% | 8/1/22 | (4) | 2,280 | | 2,483 |
| Coatesville PA School District GO | 5.000% | 8/1/23 | (4) | 3,735 | | 4,184 |
| Commonwealth Financing Authority Pennsylvania Revenue | 5.000% | 6/1/20 | | 2,750 | | 2,806 |
| Commonwealth Financing Authority Pennsylvania Revenue | 5.000% | 6/1/21 | | 1,000 | | 1,054 |
| Commonwealth Financing Authority Pennsylvania Revenue | 5.000% | 6/1/22 | | 1,760 | | 1,914 |
| Commonwealth Financing Authority Pennsylvania Revenue | 5.000% | 6/1/23 | | 2,625 | | 2,938 |
| Commonwealth Financing Authority Pennsylvania Revenue | 5.000% | 6/1/24 | | 3,000 | | 3,448 |
5 | Commonwealth Financing Authority Pennsylvania Revenue | 5.000% | 6/1/24 | | 1,500 | | 1,702 |
| Commonwealth Financing Authority Pennsylvania Revenue | 5.000% | 6/1/25 | | 500 | | 586 |
5 | Commonwealth Financing Authority Pennsylvania Revenue | 5.000% | 6/1/25 | | 1,350 | | 1,569 |
| Commonwealth Financing Authority Pennsylvania Revenue | 5.000% | 6/1/26 | | 500 | | 599 |
5 | Commonwealth Financing Authority Pennsylvania Revenue | 5.000% | 6/1/26 | | 1,335 | | 1,587 |
| Cornell PA School District GO | 2.000% | 9/1/21 | (4) | 180 | | 182 |
| Cornell PA School District GO | 4.000% | 9/1/24 | (4) | 500 | | 550 |
| Delaware County PA Authority University Revenue (Villanova University) | 5.000% | 8/1/20 | | 605 | | 622 |
| Delaware County PA Authority University Revenue (Villanova University) | 5.000% | 8/1/21 | | 735 | | 784 |
| Delaware County PA Authority University Revenue (Villanova University) | 5.000% | 12/1/21 | | 500 | | 539 |
| Delaware County PA Authority University Revenue (Villanova University) | 5.000% | 8/1/22 | | 400 | | 441 |
127
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Delaware County PA Authority University Revenue (Villanova University) | 5.000% | 12/1/22 | | 415 | | 462 |
| Delaware County PA Authority University Revenue (Villanova University) | 5.000% | 12/1/23 | | 785 | | 902 |
| Delaware River Joint Toll Bridge Commission Pennsylvania & New Jersey Revenue | 5.000% | 7/1/20 | | 385 | | 395 |
| Delaware River Joint Toll Bridge Commission Pennsylvania & New Jersey Revenue | 5.000% | 7/1/21 | | 455 | | 484 |
| Delaware River Joint Toll Bridge Commission Pennsylvania & New Jersey Revenue | 5.000% | 7/1/22 | | 310 | | 341 |
| Delaware River Joint Toll Bridge Commission Pennsylvania & New Jersey Revenue | 5.000% | 7/1/25 | | 1,000 | | 1,205 |
| Delaware River Joint Toll Bridge Commission Pennsylvania & New Jersey Revenue | 5.000% | 7/1/25 | | 1,065 | | 1,283 |
| Delaware River Joint Toll Bridge Commission Pennsylvania & New Jersey Revenue | 5.000% | 7/1/26 | | 2,015 | | 2,486 |
| Delaware River Joint Toll Bridge Commission Pennsylvania & New Jersey Revenue | 5.000% | 7/1/26 | | 1,700 | | 2,097 |
| Delaware River Port Authority Pennsylvania & New Jersey Revenue | 5.000% | 1/1/20 | | 7,320 | | 7,362 |
| Delaware River Port Authority Pennsylvania & New Jersey Revenue | 5.000% | 1/1/22 | | 2,410 | | 2,594 |
| Delaware River Port Authority Pennsylvania & New Jersey Revenue | 5.000% | 1/1/23 | | 3,635 | | 4,009 |
| Delaware River Port Authority Pennsylvania & New Jersey Revenue | 5.000% | 1/1/24 | | 10,000 | | 11,535 |
| Delaware River Port Authority Pennsylvania & New Jersey Revenue | 5.000% | 1/1/25 | | 15,000 | | 17,817 |
| Delaware River Port Authority Pennsylvania & New Jersey Revenue | 5.000% | 1/1/26 | | 12,500 | | 15,215 |
| Doylestown PA Hospital Authority Revenue | 5.000% | 7/1/22 | | 1,820 | | 1,965 |
| Dubois PA Hospital Authority Revenue (Penn Highlands Healthcare Obligated Group) | 5.000% | 7/15/21 | | 570 | | 604 |
| Dubois PA Hospital Authority Revenue (Penn Highlands Healthcare Obligated Group) | 5.000% | 7/15/23 | | 500 | | 563 |
| Dubois PA Hospital Authority Revenue (Penn Highlands Healthcare Obligated Group) | 5.000% | 7/15/24 | | 1,330 | | 1,537 |
| Dubois PA Hospital Authority Revenue (Penn Highlands Healthcare Obligated Group) | 5.000% | 7/15/25 | | 1,635 | | 1,930 |
| Dubois PA Hospital Authority Revenue (Penn Highlands Healthcare Obligated Group) | 5.000% | 7/15/26 | | 1,460 | | 1,757 |
| East Hempfield PA Industrial Development Authority Revenue (Millersville University Student Housing Project) | 5.000% | 7/1/20 | | 790 | | 806 |
| Erie PA City School District GO | 5.000% | 4/1/21 | (4) | 400 | | 419 |
| Erie PA City School District GO | 5.000% | 4/1/23 | (4) | 315 | | 351 |
| Erie PA City School District GO | 5.000% | 4/1/25 | (4) | 475 | | 558 |
| Erie PA City School District GO | 5.000% | 4/1/26 | (4) | 575 | | 691 |
| Erie PA Sewer Authority Revenue | 0.000% | 12/1/25 | (15) | 2,155 | | 1,898 |
| Franklin County PA Industrial Development Authority Revenue (Menno-Haven Inc. Project) | 5.000% | 12/1/24 | | 500 | | 555 |
| Franklin County PA Industrial Development Authority Revenue (Menno-Haven Inc. Project) | 5.000% | 12/1/26 | | 570 | | 646 |
| Harrisburg PA School District GO | 5.000% | 11/15/24 | (4) | 2,000 | | 2,339 |
| Harrisburg PA School District GO | 5.000% | 11/15/25 | (4) | 5,085 | | 6,102 |
| Hempfield PA School District GO | 4.000% | 3/15/20 | (15) | 2,740 | | 2,767 |
| Indiana County PA Industrial Development Authority Student Housing Revenue BAN | 1.450% | 9/1/20 | | 6,375 | | 6,346 |
| Kennett PA Consolidated School District GO | 4.000% | 2/15/24 | | 500 | | 555 |
| Lackawanna County PA Industrial Development Authority Revenue (University of Scranton) | 5.000% | 11/1/23 | | 510 | | 579 |
| Lackawanna County PA Industrial Development Authority Revenue (University of Scranton) | 5.000% | 11/1/24 | | 500 | | 581 |
| Lancaster County PA Hospital Authority Health System Revenue (University of Pennsylvania Health System) | 5.000% | 8/15/22 | | 2,750 | | 3,032 |
| Lancaster County PA Hospital Authority Revenue (Brethren Village Project) | 5.000% | 7/1/22 | | 915 | | 971 |
| Lancaster County PA Hospital Authority Revenue (Brethren Village Project) | 5.000% | 7/1/23 | | 700 | | 754 |
| Lancaster County PA Hospital Authority Revenue (Brethren Village Project) | 5.000% | 7/1/24 | | 1,300 | | 1,419 |
| Lancaster County PA Solid Waste Management Authority Solid Waste Disposal System Revenue | 5.000% | 12/15/20 | | 2,850 | | 2,962 |
| Lancaster PA GO | 5.000% | 11/1/27 | (4) | 1,290 | | 1,539 |
5 | Lancaster PA School District GO | 4.000% | 6/1/22 | (4) | 530 | | 565 |
5 | Lancaster PA School District GO | 5.000% | 6/1/23 | (4) | 200 | | 225 |
5 | Lancaster PA School District GO | 4.000% | 6/1/24 | (4) | 365 | | 405 |
5 | Lancaster PA School District GO | 4.000% | 6/1/25 | (4) | 320 | | 362 |
5 | Lancaster PA School District GO | 5.000% | 6/1/25 | (4) | 200 | | 237 |
5 | Lancaster PA School District GO | 4.000% | 6/1/26 | (4) | 430 | | 492 |
5 | Lancaster PA School District GO | 5.000% | 6/1/26 | (4) | 500 | | 603 |
5 | Lancaster PA School District GO | 4.000% | 6/1/27 | (4) | 500 | | 580 |
5 | Lancaster PA School District GO | 5.000% | 6/1/27 | (4) | 200 | | 246 |
5 | Lehigh County PA General Purpose Hospital Authority Revenue (Lehigh Valley Health Network) | 5.000% | 7/1/22 | | 550 | | 602 |
5 | Lehigh County PA General Purpose Hospital Authority Revenue (Lehigh Valley Health Network) | 5.000% | 7/1/23 | | 860 | | 970 |
5 | Lehigh County PA General Purpose Hospital Authority Revenue (Lehigh Valley Health Network) | 5.000% | 7/1/24 | | 1,120 | | 1,297 |
5 | Lehigh County PA General Purpose Hospital Authority Revenue (Lehigh Valley Health Network) | 5.000% | 7/1/25 | | 2,500 | | 2,964 |
5 | Lehigh County PA General Purpose Hospital Authority Revenue (Lehigh Valley Health Network) | 5.000% | 7/1/26 | | 1,975 | | 2,387 |
5 | Lehigh County PA General Purpose Hospital Authority Revenue (Lehigh Valley Health Network) | 5.000% | 7/1/27 | | 2,400 | | 2,952 |
4 | Lehigh County PA General Purpose Hospital Authority Revenue (Lehigh Valley Health Network) TOB VRDO | 1.270% | 11/7/19 | | 7,430 | | 7,430 |
| Lehigh County PA Industrial Development Authority Revenue (PPL Electric Utilities Corp.) PUT | 1.800% | 9/1/22 | | 750 | | 754 |
| Luzerne County PA GO | 5.000% | 12/15/19 | (4) | 600 | | 602 |
| Luzerne County PA GO | 5.000% | 12/15/20 | (4) | 1,000 | | 1,038 |
| Luzerne County PA GO | 5.000% | 12/15/21 | (4) | 1,000 | | 1,072 |
| Luzerne County PA GO | 5.000% | 12/15/22 | (4) | 750 | | 829 |
| Luzerne County PA GO | 5.000% | 12/15/23 | (4) | 750 | | 849 |
| Luzerne County PA GO | 5.000% | 12/15/23 | (4) | 750 | | 849 |
| Luzerne County PA GO | 5.000% | 12/15/24 | (4) | 1,500 | | 1,735 |
| Luzerne County PA GO | 5.000% | 12/15/24 | (4) | 1,000 | | 1,157 |
| Luzerne County PA Industrial Development Authority Lease Revenue | 5.000% | 12/15/19 | (4) | 500 | | 502 |
128
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| Luzerne County PA Industrial Development Authority Lease Revenue | 5.000% | 12/15/20 | (4) | 1,760 | | 1,827 |
| Luzerne County PA Industrial Development Authority Lease Revenue | 5.000% | 12/15/23 | (4) | 1,000 | | 1,117 |
| Luzerne County PA Industrial Development Authority Lease Revenue | 5.000% | 12/15/24 | (4) | 1,330 | | 1,520 |
| Lycoming County PA Authority Revenue (Lycoming College) | 4.000% | 11/1/25 | | 520 | | 578 |
| Lycoming County PA Authority Revenue (Lycoming College) | 4.000% | 11/1/26 | | 540 | | 605 |
1 | Manheim Township PA School District GO PUT, 68% of 1M USD LIBOR + 0.470% | 1.851% | 11/1/21 | | 2,000 | | 2,004 |
1 | Manheim Township PA School District GO, 68% of 1M USD LIBOR + 0.270% | 1.651% | 5/1/20 | | 1,410 | | 1,411 |
1 | Manheim Township PA School District GO, 68% of 1M USD LIBOR + 0.320% | 1.701% | 5/3/21 | | 1,000 | | 1,001 |
1 | Manheim Township PA School District GO, 68% of 1M USD LIBOR + 0.420% | 1.801% | 11/1/21 | | 1,100 | | 1,102 |
| Monroe County PA Hospital Authority Revenue (Pocono Medical Center) | 5.000% | 7/1/21 | | 700 | | 739 |
| Monroeville PA GO | 2.500% | 6/1/26 | | 1,205 | | 1,210 |
| Montgomery County PA GO | 5.000% | 4/1/23 | | 2,395 | | 2,703 |
| Montgomery County PA Higher Education & Health Authority Hospital Revenue (Abington Memorial Hospital) | 5.000% | 6/1/20 | (ETM) | 2,000 | | 2,044 |
| Montgomery County PA Higher Education & Health Authority Hospital Revenue (Abington Memorial Hospital) | 5.000% | 6/1/20 | | 4,410 | | 4,502 |
| Montgomery County PA Higher Education & Health Authority Hospital Revenue (Abington Memorial Hospital) | 5.000% | 6/1/21 | | 1,195 | | 1,263 |
| Montgomery County PA Higher Education & Health Authority Revenue (Arcadia University) | 5.000% | 4/1/20 | | 1,515 | | 1,535 |
| Montgomery County PA Higher Education & Health Authority Revenue (Arcadia University) | 5.000% | 4/1/21 | | 1,550 | | 1,617 |
| Montgomery County PA Higher Education & Health Authority Revenue (Holy Redeemer Health System) | 5.000% | 10/1/20 | | 1,265 | | 1,296 |
| Montgomery County PA Higher Education & Health Authority Revenue (Holy Redeemer Health System) | 5.000% | 10/1/21 | | 1,320 | | 1,388 |
| Montgomery County PA Higher Education & Health Authority Revenue (Holy Redeemer Health System) | 5.000% | 10/1/22 | | 1,380 | | 1,487 |
| Montgomery County PA Higher Education & Health Authority Revenue (Thomas Jefferson University) | 5.000% | 9/1/22 | | 825 | | 908 |
| Montgomery County PA Higher Education & Health Authority Revenue (Thomas Jefferson University) | 5.000% | 9/1/22 | | 450 | | 496 |
| Montgomery County PA Higher Education & Health Authority Revenue (Thomas Jefferson University) | 5.000% | 9/1/23 | | 1,275 | | 1,447 |
| Montgomery County PA Higher Education & Health Authority Revenue (Thomas Jefferson University) | 5.000% | 9/1/23 | | 350 | | 397 |
| Montgomery County PA Higher Education & Health Authority Revenue (Thomas Jefferson University) | 5.000% | 9/1/24 | | 1,610 | | 1,875 |
| Montgomery County PA Higher Education & Health Authority Revenue (Thomas Jefferson University) | 5.000% | 9/1/24 | | 375 | | 437 |
| Montgomery County PA Higher Education & Health Authority Revenue (Thomas Jefferson University) | 5.000% | 9/1/25 | | 1,305 | | 1,554 |
| Montgomery County PA Higher Education & Health Authority Revenue (Thomas Jefferson University) | 5.000% | 9/1/26 | | 1,460 | | 1,771 |
1 | Montgomery County PA Higher Education & Health Authority Revenue (Thomas Jefferson University) PUT, SIFMA Municipal Swap Index Yield + 0.720% | 1.840% | 9/1/23 | | 9,250 | | 9,250 |
| Montgomery County PA Industrial Development Authority Health Services Revenue (Albert Einstein Healthcare Network) | 5.000% | 1/15/20 | | 1,200 | | 1,207 |
| Montgomery County PA Industrial Development Authority Health Services Revenue (Albert Einstein Healthcare Network) | 5.000% | 1/15/21 | | 2,175 | | 2,249 |
| Montgomery County PA Industrial Development Authority Health Services Revenue (Albert Einstein Healthcare Network) | 5.000% | 1/15/22 | | 4,500 | | 4,780 |
| Montgomery County PA Industrial Development Authority Pollution Control Revenue (Exelon Generation Co., LLC) PUT | 2.500% | 4/1/20 | | 8,000 | | 8,037 |
| Montgomery County PA Industrial Development Authority Pollution Control Revenue (Exelon Generation Co., LLC) PUT | 2.500% | 4/1/20 | | 5,000 | | 5,025 |
| Montgomery County PA Industrial Development Authority Pollution Control Revenue (Exelon Generation Co., LLC) PUT | 2.550% | 6/1/20 | | 18,810 | | 18,944 |
| Montgomery County PA Industrial Development Authority Revenue (Meadowood Corp.) | 3.000% | 12/1/19 | | 200 | | 200 |
| Montgomery County PA Industrial Development Authority Revenue (Meadowood Corp.) | 3.000% | 12/1/20 | | 250 | | 253 |
| Montgomery County PA Industrial Development Authority Revenue (Meadowood Corp.) | 3.000% | 12/1/21 | | 300 | | 306 |
| Montgomery County PA Industrial Development Authority Revenue (Meadowood Corp.) | 5.000% | 12/1/24 | | 1,000 | | 1,136 |
| Montgomery County PA Industrial Development Authority Revenue (Meadowood Corp.) | 5.000% | 12/1/25 | | 1,000 | | 1,157 |
| Montgomery County PA Industrial Development Authority Revenue (Philadelphia Presbyterian Homes Inc. Project) | 2.000% | 12/1/19 | | 735 | | 735 |
| Montgomery County PA Industrial Development Authority Revenue (Philadelphia Presbyterian Homes Inc. Project) | 3.000% | 12/1/21 | | 715 | | 724 |
| Montgomery County PA Industrial Development Authority Revenue (Philadelphia Presbyterian Homes Inc. Project) | 3.000% | 12/1/22 | | 790 | | 803 |
| Montgomery County PA Industrial Development Authority Revenue (Whitemarsh Continuing Care Retirement Community Inc.) | 3.250% | 1/1/20 | | 1,680 | | 1,681 |
| Moon Industrial Development Authority Pennsylvania Revenue (Baptist Home Society Obligated Group) | 5.000% | 7/1/20 | | 370 | | 375 |
129
Limited-Term Tax-Exempt Fund
| | | | | Face | | Market |
| | | Maturity | | Amount | | Value· |
| | Coupon | Date | | ($000 | ) | ($000) |
| New Kensington Arnold PA School District GO | 5.000% | 5/15/25 | (15) | 2,230 | | 2,614 |
| New Kensington Arnold PA School District GO | 5.000% |
