American Century Investments®
Quarterly Portfolio Holdings
California High-Yield Municipal Fund
May 31, 2024
| California High-Yield Municipal - Schedule of Investments | ||
| MAY 31, 2024 (UNAUDITED) | ||
| Principal Amount ($) | Value ($) | |||||||
| MUNICIPAL SECURITIES — 99.0% | ||||||||
| California — 98.1% | ||||||||
| Alameda Community Facilities District Special Tax, (District No. 13-1), 5.00%, 9/1/42 | 1,250,000 | 1,262,960 | ||||||
| Alameda Community Facilities District Special Tax, (District No. 22-1), 5.00%, 9/1/48 | 750,000 | 707,837 | ||||||
| Alameda Community Facilities District Special Tax, (District No. 22-1), 5.00%, 9/1/53 | 1,175,000 | 1,092,498 | ||||||
| Alameda Corridor Transportation Authority Rev., Capital Appreciation, VRN, 0.00%, 10/1/52 (AGM) | 12,000,000 | 6,402,154 | ||||||
| Alameda Corridor Transportation Authority Rev., 5.00%, 10/1/36 | 2,700,000 | 2,750,686 | ||||||
Alameda Corridor Transportation Authority Rev., 0.00%, 10/1/53 (AGM)(1) | 6,000,000 | 1,418,389 | ||||||
| Anaheim City School District GO, 5.00%, 8/1/51 (AGM) | 4,000,000 | 4,334,658 | ||||||
| Antelope Valley Healthcare District Rev., 5.00%, 3/1/46 | 5,000,000 | 4,693,688 | ||||||
| Bay Area Toll Authority Rev., 4.00%, 4/1/38 | 2,080,000 | 2,058,048 | ||||||
| Bay Area Toll Authority Rev., 4.125%, 4/1/54 | 3,750,000 | 3,646,550 | ||||||
| Bay Area Toll Authority Rev., VRDN, 4.00%, 6/1/24 (LOC: Barclays Bank PLC) | 5,000,000 | 5,000,000 | ||||||
| Beaumont Special Tax, (Beaumont Community Facilities District No. 93-1), 4.00%, 9/1/40 | 1,250,000 | 1,136,025 | ||||||
| Beaumont Special Tax, (Beaumont Community Facilities District No. 93-1), 5.00%, 9/1/43 | 1,605,000 | 1,637,391 | ||||||
| Beaumont Special Tax, (Beaumont Community Facilities District No. 93-1), 4.00%, 9/1/45 | 1,510,000 | 1,324,330 | ||||||
| Beaumont Special Tax, (Beaumont Community Facilities District No. 93-1), 4.00%, 9/1/50 | 1,500,000 | 1,270,335 | ||||||
| California Community Choice Financing Authority Rev., VRN, 3.81%, (MUNIPSA plus 0.45%), 2/1/52 (GA: Morgan Stanley) | 10,000,000 | 9,290,056 | ||||||
| California Community Choice Financing Authority Rev., VRN, 5.00%, 12/1/53 (GA: Goldman Sachs Group, Inc.) | 3,000,000 | 3,139,272 | ||||||
| California Community Choice Financing Authority Rev., VRN, 5.00%, 2/1/54 (GA: Morgan Stanley) | 2,600,000 | 2,741,339 | ||||||
| California Community Choice Financing Authority Rev., VRN, 5.00%, 5/1/54 (GA: Morgan Stanley) | 7,475,000 | 7,920,224 | ||||||
| California Community Choice Financing Authority Rev., VRN, 5.50%, 10/1/54 (GA: National Bank of Canada) | 2,335,000 | 2,525,736 | ||||||
| California Community Choice Financing Authority Rev., VRN, 5.25%, 11/1/54 (GA: Goldman Sachs Group, Inc.) | 10,000,000 | 10,628,508 | ||||||
| California Community College Financing Authority Rev., (NCCD-Orange Coast Properties LLC), 5.25%, 5/1/43 | 3,200,000 | 3,266,656 | ||||||
| California Community College Financing Authority Rev., (NCCD-Orange Coast Properties LLC), 5.25%, 5/1/48 | 4,500,000 | 4,572,833 | ||||||
California Community Housing Agency Rev., (Fountains at Emerald Park), 4.00%, 8/1/46(2) | 3,070,000 | 2,567,139 | ||||||
California Community Housing Agency Rev., (Verdant at Green Valley Apartments), 5.00%, 8/1/49(2) | 9,000,000 | 8,530,696 | ||||||
| California County Tobacco Securitization Agency Rev., 4.00%, 6/1/49 | 750,000 | 700,473 | ||||||
| California County Tobacco Securitization Agency Rev., 5.00%, 6/1/49 | 4,310,000 | 4,363,384 | ||||||
California County Tobacco Securitization Agency Rev., (Alameda County Tobacco Securitization Corp.), 0.00%, 6/1/50(1) | 22,520,000 | 4,606,194 | ||||||
California County Tobacco Securitization Agency Rev., Capital Appreciation, 0.00%, 6/1/55(1) | 5,020,000 | 874,089 | ||||||
California Enterprise Development Authority Rev., (Academy For Academic Excellence), 5.00%, 7/1/40(2) | 500,000 | 500,827 | ||||||
California Enterprise Development Authority Rev., (Academy For Academic Excellence), 5.00%, 7/1/50(2) | 500,000 | 483,021 | ||||||
California Enterprise Development Authority Rev., (Academy For Academic Excellence), 5.00%, 7/1/55(2) | 350,000 | 333,560 | ||||||
| California Enterprise Development Authority Rev., (Provident Group-Pomona Properties LLC), 5.00%, 1/15/45 | 1,000,000 | 1,041,745 | ||||||
| California Health Facilities Financing Authority Rev., (CommonSpirit Health Obligated Group), 4.00%, 4/1/49 | 9,710,000 | 9,064,590 | ||||||
| California Health Facilities Financing Authority Rev., (CommonSpirit Health Obligated Group), 5.00%, 12/1/54 | 4,750,000 | 5,013,631 | ||||||
| California Health Facilities Financing Authority Rev., (Scripps Health Obligated Group), 5.00%, 11/15/44 | 5,000,000 | 5,480,091 | ||||||
| California Housing Finance Rev., 4.25%, 1/15/35 | 3,080,305 | 2,992,243 | ||||||
| California Housing Finance Rev., 3.50%, 11/20/35 | 11,583,576 | 10,817,056 | ||||||
| California Infrastructure & Economic Development Bank Rev., 4.00%, 10/1/42 | 15,165,000 | 15,545,111 | ||||||
| California Infrastructure & Economic Development Bank Rev., (California Science Center Foundation), 4.00%, 5/1/51 | 4,000,000 | 3,756,691 | ||||||
| California Infrastructure & Economic Development Bank Rev., (Equitable School Revolving Fund LLC Obligated Group), 4.00%, 11/1/46 | 1,500,000 | 1,403,794 | ||||||
| California Infrastructure & Economic Development Bank Rev., (Equitable School Revolving Fund LLC Obligated Group), 4.00%, 11/1/51 | 1,600,000 | 1,451,742 | ||||||
| California Municipal Finance Authority COP, (Palomar Health Obligated Group), 5.25%, 11/1/52 (AGM) | 2,335,000 | 2,448,760 | ||||||
| California Municipal Finance Authority Rev., (Bowles Hall Foundation), 5.00%, 6/1/50 | 1,750,000 | 1,754,195 | ||||||
California Municipal Finance Authority Rev., (California Baptist University), 5.00%, 11/1/46(2) | 8,325,000 | 8,116,508 | ||||||
California Municipal Finance Authority Rev., (Catalyst Impact Fund 1 LLC), 6.00%, 1/1/39(2) | 4,000,000 | 4,144,147 | ||||||
| California Municipal Finance Authority Rev., (CHF-Davis I LLC), 5.00%, 5/15/32 (BAM-TCRS) | 3,000,000 | 3,160,552 | ||||||
| California Municipal Finance Authority Rev., (CHF-Davis I LLC), 5.00%, 5/15/51 | 12,205,000 | 12,302,487 | ||||||
| California Municipal Finance Authority Rev., (CHF-Davis II LLC), 4.00%, 5/15/41 (BAM) | 1,000,000 | 972,484 | ||||||
California Municipal Finance Authority Rev., (Claremont Graduate University), 5.00%, 10/1/49(2) | 2,145,000 | 2,038,508 | ||||||
California Municipal Finance Authority Rev., (Claremont Graduate University), 5.00%, 10/1/54(2) | 1,875,000 | 1,758,263 | ||||||
| California Municipal Finance Authority Rev., (Clinicas del Camino Real Incorporated), 4.00%, 3/1/40 | 2,750,000 | 2,292,140 | ||||||
| California Municipal Finance Authority Rev., (Clinicas del Camino Real Incorporated), 4.00%, 3/1/50 | 5,785,000 | 4,510,766 | ||||||
California Municipal Finance Authority Rev., (Community Health Centers of The Central Coast, Inc.), 5.00%, 12/1/54(2) | 2,590,000 | 2,406,526 | ||||||
| California Municipal Finance Authority Rev., (Community Hospitals of Central California Obligated Group), 4.00%, 2/1/51 | 2,000,000 | 1,737,581 | ||||||
| California Municipal Finance Authority Rev., (Congregational Home Obligated Group), 5.00%, 11/15/49 | 4,750,000 | 4,476,151 | ||||||
California Municipal Finance Authority Rev., (Creative Center of Los Altos), 4.00%, 11/1/26(2) | 295,000 | 289,348 | ||||||
California Municipal Finance Authority Rev., (Creative Center of Los Altos), 4.00%, 11/1/36(2) | 1,400,000 | 1,252,458 | ||||||
California Municipal Finance Authority Rev., (Creative Center of Los Altos), 4.50%, 11/1/46(2) | 3,100,000 | 2,653,416 | ||||||
| California Municipal Finance Authority Rev., (Eisenhower Medical Center), 5.00%, 7/1/37 | 1,500,000 | 1,522,165 | ||||||
| California Municipal Finance Authority Rev., (Eisenhower Medical Center), 5.00%, 7/1/47 | 3,000,000 | 2,985,548 | ||||||
| California Municipal Finance Authority Rev., (Emerson College), 5.00%, 1/1/42 | 5,250,000 | 5,303,552 | ||||||
California Municipal Finance Authority Rev., (Healthright 360), 5.00%, 11/1/29(2) | 1,670,000 | 1,679,340 | ||||||
California Municipal Finance Authority Rev., (Healthright 360), 5.00%, 11/1/39(2) | 3,535,000 | 3,358,406 | ||||||
California Municipal Finance Authority Rev., (Healthright 360), 5.00%, 11/1/49(2) | 4,450,000 | 3,928,166 | ||||||
| California Municipal Finance Authority Rev., (HumanGood California Obligated Group), 4.00%, 10/1/49 | 6,250,000 | 5,713,394 | ||||||
California Municipal Finance Authority Rev., (P3 Claremont Holdings LLC), 5.00%, 7/1/40(2) | 1,515,000 | 1,455,076 | ||||||
California Municipal Finance Authority Rev., (P3 Claremont Holdings LLC), 5.00%, 7/1/52(2) | 2,075,000 | 1,894,277 | ||||||
California Municipal Finance Authority Rev., (Palmdale Aerospace Academy, Inc.), 5.00%, 7/1/49(2) | 5,100,000 | 4,964,735 | ||||||
California Municipal Finance Authority Rev., (River Charter Schools), 5.50%, 6/1/38(2) | 800,000 | 807,501 | ||||||
California Municipal Finance Authority Rev., (River Charter Schools), 5.50%, 6/1/48(2) | 2,265,000 | 2,267,950 | ||||||
| California Municipal Finance Authority Rev., (Samuel Merritt University), 5.25%, 6/1/53 | 4,000,000 | 4,194,269 | ||||||
California Municipal Finance Authority Rev., (Santa Rosa Academy LLC), 5.125%, 7/1/35(2) | 905,000 | 911,895 | ||||||
California Municipal Finance Authority Rev., (Santa Rosa Academy LLC), 5.375%, 7/1/45(2) | 1,400,000 | 1,405,381 | ||||||
| California Municipal Finance Authority Rev., (St. Mary and All Angels Christian Church), 4.65%, 5/1/30 | 1,045,000 | 1,041,224 | ||||||
California Municipal Finance Authority Rev., (St. Mary and All Angels Christian Church), 5.00%, 5/1/34(2) | 300,000 | 307,871 | ||||||
California Municipal Finance Authority Rev., (St. Mary and All Angels Christian Church), 5.50%, 5/1/44(2) | 350,000 | 353,989 | ||||||
California Municipal Finance Authority Rev., (St. Mary and All Angels Christian Church), 5.75%, 5/1/54(2) | 435,000 | 441,158 | ||||||
California Municipal Finance Authority Rev., (St. Mary and All Angels Christian Church), 5.875%, 5/1/59(2) | 390,000 | 397,171 | ||||||
California Municipal Finance Authority Rev., (William Jessup University), 5.00%, 8/1/48(2) | 8,450,000 | 7,076,886 | ||||||
| California Municipal Finance Authority Special Tax, 4.00%, 9/1/43 | 1,000,000 | 881,677 | ||||||
| California Municipal Finance Authority Special Tax, 4.00%, 9/1/50 | 1,500,000 | 1,270,335 | ||||||
| California Municipal Finance Authority Special Tax, 5.75%, 9/1/53 | 1,850,000 | 1,912,226 | ||||||
| California Municipal Finance Authority Special Tax, (BOLD Program Series 2024A), 5.125%, 9/1/54 | 1,000,000 | 1,000,967 | ||||||
| California Municipal Finance Authority Special Tax, (Community Facilities District No. 2021-13), 5.00%, 9/1/47 | 2,000,000 | 2,001,823 | ||||||
| California Municipal Finance Authority Special Tax, (Community Facilities District No. 2021-6), 6.00%, 9/1/52 | 1,700,000 | 1,743,574 | ||||||
California Municipal Finance Authority Special Tax, (Community Facilitiess District No. 2023-11), 5.00%, 9/1/54(3) | 800,000 | 787,593 | ||||||
California Municipal Finance Authority Special Tax, (Community Facilitiess District No. 2023-11), 5.125%, 9/1/59(3) | 1,250,000 | 1,234,694 | ||||||
| California Municipal Finance Authority Special Tax, (Facilities District No. 2020-4), 4.00%, 9/1/46 | 2,290,000 | 1,970,262 | ||||||
| California Municipal Finance Authority Special Tax, (Facilities District No. 2020-4), 4.00%, 9/1/51 | 3,145,000 | 2,625,004 | ||||||
| California Municipal Finance Authority Special Tax, (Facilities District No. 2021-11), 5.00%, 9/1/57 | 5,000,000 | 5,032,985 | ||||||
California Pollution Control Financing Authority Rev., (Poseidon Resources Channelside LP), 5.00%, 11/21/45(2) | 2,500,000 | 2,550,069 | ||||||
California Public Finance Authority Rev., (Crossroads Christian Schools Obligated Group), 5.00%, 1/1/56(2) | 4,000,000 | 3,426,214 | ||||||
California Public Finance Authority Rev., (Kendal at Sonoma Obligated Group), 3.125%, 5/15/29(2) | 2,580,000 | 2,508,870 | ||||||
California Public Finance Authority Rev., (Kendal at Sonoma Obligated Group), 5.00%, 11/15/36(2) | 1,160,000 | 1,140,983 | ||||||
California Public Finance Authority Rev., (Kendal at Sonoma Obligated Group), 5.00%, 11/15/46(2) | 1,545,000 | 1,407,120 | ||||||
California Public Finance Authority Rev., (Kendal at Sonoma Obligated Group), 5.00%, 11/15/51(2) | 1,150,000 | 1,015,765 | ||||||
California Public Finance Authority Rev., (Kendal at Sonoma Obligated Group), 5.00%, 11/15/56(2) | 1,260,000 | 1,093,636 | ||||||
California School Finance Authority Rev., 5.00%, 6/1/37(2) | 475,000 | 474,998 | ||||||
California School Finance Authority Rev., 5.00%, 6/1/47(2) | 875,000 | 824,824 | ||||||
California School Finance Authority Rev., (Alliance for College Ready Public Schools Obligated Group), 5.00%, 7/1/31(2) | 4,000,000 | 4,046,045 | ||||||
California School Finance Authority Rev., (Alliance for College Ready Public Schools Obligated Group), 5.00%, 7/1/45(2) | 5,000,000 | 5,002,871 | ||||||
California School Finance Authority Rev., (Aspire Public Schools Obligated Group), 5.00%, 8/1/25, Prerefunded at 100% of Par(2)(4) | 110,000 | 111,925 | ||||||
California School Finance Authority Rev., (Aspire Public Schools Obligated Group), 5.00%, 8/1/45(2) | 1,100,000 | 1,102,006 | ||||||
California School Finance Authority Rev., (Aspire Public Schools Obligated Group), 4.00%, 8/1/51(2) | 1,300,000 | 1,089,621 | ||||||
California School Finance Authority Rev., (Aspire Public Schools Obligated Group), 5.00%, 8/1/61(2) | 4,000,000 | 3,926,402 | ||||||
California School Finance Authority Rev., (Bright Star Schools Obligated Group), 2.00%, 6/1/27(2) | 535,000 | 497,066 | ||||||
California School Finance Authority Rev., (Bright Star Schools Obligated Group), 5.00%, 6/1/37(2) | 1,800,000 | 1,811,919 | ||||||
California School Finance Authority Rev., (Bright Star Schools Obligated Group), 4.00%, 6/1/39(2) | 1,085,000 | 976,794 | ||||||
California School Finance Authority Rev., (Bright Star Schools Obligated Group), 5.00%, 6/1/47(2) | 3,130,000 | 3,047,317 | ||||||
California School Finance Authority Rev., (Bright Star Schools Obligated Group), 4.00%, 6/1/51(2) | 1,730,000 | 1,402,655 | ||||||
California School Finance Authority Rev., (Bright Star Schools Obligated Group), 4.00%, 6/1/61(2) | 2,220,000 | 1,715,911 | ||||||
California School Finance Authority Rev., (Downtown College Prep Obligated Group), 4.00%, 6/1/26(2) | 970,000 | 957,576 | ||||||
California School Finance Authority Rev., (Downtown College Prep Obligated Group), 4.50%, 6/1/31(2) | 1,500,000 | 1,497,324 | ||||||
California School Finance Authority Rev., (Downtown College Prep Obligated Group), 4.75%, 6/1/36(2) | 1,500,000 | 1,483,788 | ||||||
California School Finance Authority Rev., (Ednovate Obligated Group), 5.00%, 6/1/30(2) | 1,000,000 | 1,009,954 | ||||||
California School Finance Authority Rev., (Ednovate Obligated Group), 5.00%, 6/1/37(2) | 430,000 | 421,948 | ||||||
California School Finance Authority Rev., (Ednovate Obligated Group), 5.00%, 6/1/48(2) | 2,100,000 | 1,924,432 | ||||||
California School Finance Authority Rev., (Ednovate Obligated Group), 5.00%, 6/1/56(2) | 2,000,000 | 1,792,360 | ||||||
California School Finance Authority Rev., (Green Dot Public Schools Obligated Group), 5.00%, 8/1/38(2) | 1,130,000 | 1,149,068 | ||||||
California School Finance Authority Rev., (Green Dot Public Schools Obligated Group), 5.375%, 8/1/42(2) | 500,000 | 519,675 | ||||||
California School Finance Authority Rev., (Green Dot Public Schools Obligated Group), 5.00%, 8/1/45(2) | 3,500,000 | 3,502,860 | ||||||
California School Finance Authority Rev., (Green Dot Public Schools Obligated Group), 5.00%, 8/1/48(2) | 3,630,000 | 3,615,271 | ||||||
California School Finance Authority Rev., (Green Dot Public Schools Obligated Group), 5.75%, 8/1/52(2) | 1,650,000 | 1,730,180 | ||||||
California School Finance Authority Rev., (Kepler Education, Inc.), 5.75%, 5/1/37 (ST INTERCEPT)(2) | 1,050,000 | 1,059,158 | ||||||
California School Finance Authority Rev., (Kepler Education, Inc.), 5.875%, 5/1/47 (ST INTERCEPT)(2) | 2,425,000 | 2,430,302 | ||||||
California School Finance Authority Rev., (Kipp SoCal Public Schools Obligated Group), 4.125%, 7/1/24(2) | 127,000 | 126,927 | ||||||
California School Finance Authority Rev., (Kipp SoCal Public Schools Obligated Group), 5.00%, 7/1/34(2) | 500,000 | 500,391 | ||||||
California School Finance Authority Rev., (Kipp SoCal Public Schools Obligated Group), 5.00%, 7/1/37(2) | 1,180,000 | 1,206,286 | ||||||
California School Finance Authority Rev., (Kipp SoCal Public Schools Obligated Group), 5.125%, 7/1/44(2) | 700,000 | 700,263 | ||||||
California School Finance Authority Rev., (Kipp SoCal Public Schools Obligated Group), 5.00%, 7/1/45(2) | 1,650,000 | 1,655,411 | ||||||
California School Finance Authority Rev., (Kipp SoCal Public Schools Obligated Group), 5.00%, 7/1/49(2) | 2,000,000 | 2,011,883 | ||||||
California School Finance Authority Rev., (Larchmont Schools), 5.00%, 6/1/33(2) | 500,000 | 506,231 | ||||||
California School Finance Authority Rev., (Larchmont Schools), 5.00%, 6/1/43(2) | 550,000 | 552,272 | ||||||
California School Finance Authority Rev., (Larchmont Schools), 5.00%, 6/1/55(2) | 1,000,000 | 992,206 | ||||||
California School Finance Authority Rev., (Lighthouse Community Public Schools Obligated Group), 6.375%, 6/1/52(2) | 1,225,000 | 1,264,788 | ||||||
California School Finance Authority Rev., (Lighthouse Community Public Schools Obligated Group), 6.50%, 6/1/62(2) | 2,125,000 | 2,196,123 | ||||||
California School Finance Authority Rev., (Orange County Educational Arts Academy), 5.625%, 6/1/43(2) | 560,000 | 566,807 | ||||||
California School Finance Authority Rev., (Orange County Educational Arts Academy), 5.875%, 6/1/53(2) | 700,000 | 708,445 | ||||||
California School Finance Authority Rev., (Partnerships to Uplift Communities Series 2023 Obligated Group), 5.50%, 8/1/43(2) | 550,000 | 567,119 | ||||||
California School Finance Authority Rev., (Partnerships to Uplift Communities Series 2023 Obligated Group), 5.50%, 8/1/47(2) | 505,000 | 515,523 | ||||||
California School Finance Authority Rev., (Real Journey Academies Obligated Group), 5.00%, 6/1/49(2) | 5,250,000 | 4,835,546 | ||||||
California School Finance Authority Rev., (Real Journey Academies Obligated Group), 5.00%, 6/1/50(2) | 2,740,000 | 2,512,772 | ||||||
California School Finance Authority Rev., (Real Journey Academies Obligated Group), 5.00%, 6/1/59(2) | 3,915,000 | 3,506,878 | ||||||
California School Finance Authority Rev., (Rocketship Education Obligated Group), 5.00%, 6/1/26(2) | 235,000 | 236,175 | ||||||
California School Finance Authority Rev., (Rocketship Education Obligated Group), 5.00%, 6/1/31(2) | 870,000 | 876,033 | ||||||
California School Finance Authority Rev., (Rocketship Education Obligated Group), 5.00%, 6/1/36(2) | 1,000,000 | 1,003,264 | ||||||
California School Finance Authority Rev., (Rocketship Education Obligated Group), 5.00%, 6/1/37(2) | 360,000 | 362,058 | ||||||
California School Finance Authority Rev., (Rocketship Education Obligated Group), 5.00%, 6/1/46(2) | 2,100,000 | 2,042,657 | ||||||
California School Finance Authority Rev., (Rocketship Education Obligated Group), 5.00%, 6/1/53(2) | 2,265,000 | 2,155,270 | ||||||
California School Finance Authority Rev., (Summit Public Schools Obligated Group), 5.00%, 6/1/27, Prerefunded at 100% of Par(2)(4) | 525,000 | 543,469 | ||||||
California School Finance Authority Rev., (Summit Public Schools Obligated Group), 5.00%, 6/1/27, Prerefunded at 100% of Par(2)(4) | 995,000 | 1,030,004 | ||||||
California School Finance Authority Rev., (TEACH, Inc. Obligated Group), 5.00%, 6/1/58(2) | 3,600,000 | 3,340,059 | ||||||
California School Finance Authority Rev., (Value Schools), 5.00%, 7/1/40 (ST INTERCEPT)(2) | 545,000 | 548,366 | ||||||
California School Finance Authority Rev., (Value Schools), 5.25%, 7/1/48 (ST INTERCEPT)(2) | 700,000 | 702,484 | ||||||
| California State Financial Authority Rev., (Master's University & Seminary), 5.00%, 8/1/34 | 1,400,000 | 1,431,871 | ||||||
| California State Financial Authority Rev., (Master's University & Seminary), 5.00%, 8/1/39 | 1,640,000 | 1,653,696 | ||||||
| California State Financial Authority Rev., (Master's University & Seminary), 5.00%, 8/1/48 | 1,000,000 | 975,455 | ||||||
| California State University Rev., 5.25%, 11/1/53 | 1,000,000 | 1,106,779 | ||||||
California Statewide Communities Development Authority Rev., (899 Charleston LLC), 5.25%, 11/1/44(2) | 5,500,000 | 4,934,455 | ||||||
| California Statewide Communities Development Authority Rev., (Adventist Health System / West Obligated Group), 5.00%, 3/1/35 | 1,785,000 | 1,809,320 | ||||||
California Statewide Communities Development Authority Rev., (California Baptist University), 3.50%, 11/1/27(2) | 2,130,000 | 2,067,862 | ||||||
California Statewide Communities Development Authority Rev., (California Baptist University), 5.00%, 11/1/32(2) | 3,090,000 | 3,162,705 | ||||||
| California Statewide Communities Development Authority Rev., (Emanate Health Obligated Group), 4.00%, 4/1/45 | 6,000,000 | 5,606,444 | ||||||
| California Statewide Communities Development Authority Rev., (Enloe Medical Center Obligated Group), 5.25%, 8/15/52 (AGM) | 500,000 | 530,870 | ||||||
| California Statewide Communities Development Authority Rev., (Front Porch Communities & Services Obligated Group), 4.00%, 4/1/39 | 1,405,000 | 1,379,649 | ||||||
| California Statewide Communities Development Authority Rev., (Front Porch Communities & Services Obligated Group), 4.00%, 4/1/40 | 2,615,000 | 2,541,576 | ||||||
| California Statewide Communities Development Authority Rev., (HumanGood California Obligated Group), 5.00%, 10/1/45 | 2,400,000 | 2,393,350 | ||||||
California Statewide Communities Development Authority Rev., (Lancer Educational Housing LLC), 5.00%, 6/1/46(2) | 3,500,000 | 3,490,730 | ||||||
California Statewide Communities Development Authority Rev., (Lancer Educational Housing LLC), 5.00%, 6/1/51(2) | 1,450,000 | 1,412,278 | ||||||
California Statewide Communities Development Authority Rev., (Loma Linda University Medical Center Obligated Group), 5.00%, 12/1/26(2) | 2,000,000 | 2,023,402 | ||||||
California Statewide Communities Development Authority Rev., (Loma Linda University Medical Center Obligated Group), 5.00%, 12/1/29(2) | 3,155,000 | 3,192,098 | ||||||
California Statewide Communities Development Authority Rev., (Loma Linda University Medical Center Obligated Group), 5.00%, 12/1/36(2) | 1,000,000 | 1,010,662 | ||||||
California Statewide Communities Development Authority Rev., (Loma Linda University Medical Center Obligated Group), 5.00%, 12/1/41(2) | 1,700,000 | 1,707,706 | ||||||
California Statewide Communities Development Authority Rev., (Loma Linda University Medical Center Obligated Group), 5.00%, 12/1/46(2) | 9,900,000 | 9,912,022 | ||||||
| California Statewide Communities Development Authority Rev., (Loma Linda University Medical Center Obligated Group), 5.50%, 12/1/54 | 4,605,000 | 4,617,176 | ||||||
California Statewide Communities Development Authority Rev., (Loma Linda University Medical Center Obligated Group), 5.25%, 12/1/56(2) | 14,750,000 | 14,816,171 | ||||||
| California Statewide Communities Development Authority Rev., (Redlands Community Hospital), 4.00%, 10/1/41 | 6,500,000 | 6,111,799 | ||||||
| California Statewide Communities Development Authority Rev., (USC Obligated Group), 5.00%, 1/1/43 | 7,500,000 | 7,805,615 | ||||||
| California Statewide Communities Development Authority Special Assessment, (City of San Diego CA Assessment District No. 18-01), 5.00%, 9/2/39 | 1,300,000 | 1,342,015 | ||||||
| California Statewide Communities Development Authority Special Assessment, (City of San Diego CA Assessment District No. 18-01), 4.00%, 9/2/44 | 900,000 | 806,083 | ||||||
| California Statewide Communities Development Authority Special Assessment, (County of Contra Costa Assessment District No. 14-01), 5.00%, 9/2/35 | 1,920,000 | 1,942,065 | ||||||
| California Statewide Communities Development Authority Special Assessment, (County of Contra Costa Assessment District No. 14-01), 5.00%, 9/2/45 | 3,810,000 | 3,824,753 | ||||||
| California Statewide Communities Development Authority Special Tax, (California Statewide Communities Development Authority Cmnty Facs Dist No. 2007-01), 5.00%, 9/1/37 | 1,565,000 | 1,580,804 | ||||||
| California Statewide Communities Development Authority Special Tax, (California Statewide Communities Development Authority Cmnty Facs Dist No. 2015-01), 5.00%, 9/1/47 | 1,650,000 | 1,666,830 | ||||||
| California Statewide Communities Development Authority Special Tax, (California Statewide Communities Development Authority Cmnty Facs Dist No. 2016-02), 5.00%, 9/1/39 | 1,000,000 | 1,027,577 | ||||||
| California Statewide Communities Development Authority Special Tax, (California Statewide Communities Development Authority Cmnty Facs Dist No. 2016-02), 5.00%, 9/1/49 | 2,095,000 | 2,117,393 | ||||||
| California Statewide Communities Development Authority Special Tax, (California Statewide Communities Development Authority Cmnty Facs Dist No. 2016-02), 5.50%, 9/1/52 | 4,250,000 | 4,250,748 | ||||||
| California Statewide Communities Development Authority Special Tax, (California Statewide Communities Development Authority Cmnty Facs Dist No. 2017-01), 5.00%, 9/1/48 | 7,330,000 | 7,433,269 | ||||||
| California Statewide Communities Development Authority Special Tax, (California Statewide Communities Development Authority Cmnty Facs Dist No. 2018-), 4.00%, 9/1/50 | 1,200,000 | 1,055,892 | ||||||
| California Statewide Communities Development Authority Special Tax, (California Statewide Communities Development Authority Cmnty Facs Dist No. 2018-03), 5.00%, 9/1/39 | 1,485,000 | 1,524,614 | ||||||
| California Statewide Communities Development Authority Special Tax, (California Statewide Communities Development Authority Cmnty Facs Dist No. 2018-03), 5.00%, 9/1/48 | 1,750,000 | 1,773,309 | ||||||
| California Statewide Communities Development Authority Special Tax, (California Statewide Communities Development Authority Community Facilities District No. 2020-2), 5.00%, 9/1/49 | 375,000 | 373,604 | ||||||
| California Statewide Communities Development Authority Special Tax, (California Statewide Communities Development Authority Community Facilities District No. 2020-2), 5.00%, 9/1/54 | 550,000 | 544,820 | ||||||
| California Statewide Communities Development Authority Special Tax, (California Statewide Communities Development Authority Community Facilities District No. 2022-10), 5.50%, 9/1/53 | 1,700,000 | 1,747,703 | ||||||
| California Statewide Communities Development Authority Special Tax, (Facilities District No. 2015-01), 5.50%, 9/1/42 | 1,000,000 | 1,031,599 | ||||||
| California Statewide Communities Development Authority Special Tax, (Facilities District No. 2015-01), 5.625%, 9/1/52 | 3,000,000 | 3,067,004 | ||||||
| Calimesa Special Tax, (Calimesa Community Facilities District No. 2018-1), 4.00%, 9/1/45 | 865,000 | 785,136 | ||||||
| Calimesa Special Tax, (Calimesa Community Facilities District No. 2018-1), 4.00%, 9/1/50 | 820,000 | 717,096 | ||||||
| Chabot-Las Positas Community College District GO, 5.25%, 8/1/48 | 4,350,000 | 4,841,491 | ||||||
| Chino Community Facilities District Special Tax, (Chino Community Facilities District No. 2003-3), 5.00%, 9/1/43 | 3,160,000 | 3,222,550 | ||||||
| Chino Community Facilities District Special Tax, (Chino Community Facilities District No. 2003-3), 4.00%, 9/1/45 | 1,325,000 | 1,191,114 | ||||||
| Chino Community Facilities District Special Tax, (Chino Community Facilities District No. 2003-3), 5.00%, 9/1/48 | 2,500,000 | 2,535,221 | ||||||
| Chino Community Facilities District Special Tax, (Chino Community Facilities District No. 2003-3), 5.00%, 9/1/49 | 680,000 | 681,264 | ||||||
| Chino Community Facilities District Special Tax, (Chino Community Facilities District No. 2003-3), 4.00%, 9/1/50 | 2,500,000 | 2,169,549 | ||||||
| Chino Community Facilities District Special Tax, (Chino Community Facilities District No. 2003-3), 5.00%, 9/1/54 | 740,000 | 740,493 | ||||||
| Chino Community Facilities District Special Tax, (Chino Community Facilities District No. 2019-1), 4.00%, 9/1/51 | 1,000,000 | 854,956 | ||||||
| Chino Community Facilities District Special Tax, (Community Facilities District No. 2003-3), 5.375%, 9/1/47 | 1,615,000 | 1,661,397 | ||||||
| Chino Community Facilities District Special Tax, (Community Facilities District No. 2003-3), 5.375%, 9/1/52 | 2,000,000 | 2,042,428 | ||||||
| Chula Vista Community Facilities District Special Tax, (Chula Vista Community Facilities District No. 06-1), 5.00%, 9/1/43 | 535,000 | 545,797 | ||||||
| Chula Vista Community Facilities District Special Tax, (Chula Vista Community Facilities District No. 06-1), 5.00%, 9/1/48 | 895,000 | 906,233 | ||||||
| City & County of San Francisco Community Facilities District No. 2016-1 Special Tax, 4.00%, 9/1/35 | 300,000 | 292,797 | ||||||
| City & County of San Francisco Community Facilities District No. 2016-1 Special Tax, 4.00%, 9/1/41 | 1,000,000 | 914,650 | ||||||
| City & County of San Francisco Community Facilities District No. 2016-1 Special Tax, 4.00%, 9/1/42 | 600,000 | 544,376 | ||||||
| City & County of San Francisco Community Facilities District No. 2016-1 Special Tax, 4.00%, 9/1/50 | 1,450,000 | 1,231,728 | ||||||
| City & County of San Francisco Community Facilities District No. 2016-1 Special Tax, 4.00%, 9/1/51 | 2,500,000 | 2,150,731 | ||||||
City & County of San Francisco Special Tax District No. Special Tax, (City & County of San Francisco Dist No. 2020-1 Office Special Tax), 5.75%, 9/1/53(2) | 1,800,000 | 1,817,277 | ||||||
City & County of San Francisco Special Tax District No. Special Tax, (City & County of San Francisco Dist No. 2020-1 Shoreline Tax Zone 1), 5.75%, 9/1/53(2) | 1,500,000 | 1,514,398 | ||||||
City & County of San Francisco, Infrastructure & Revitalization Financing Dist No. 1 Facs Tax Allocation, 5.00%, 9/1/52(2) | 1,500,000 | 1,397,858 | ||||||
City & County of San Francisco, Special Tax District No. 2020-1 Special Tax, 4.00%, 9/1/46(2) | 2,475,000 | 2,064,450 | ||||||
| Clovis Unified School District GO, 4.00%, 8/1/48 | 4,000,000 | 3,909,604 | ||||||
| Corona-Norco Unified School District Special Tax, (Community Facilities District No. 05-1), 4.00%, 9/1/45 | 2,000,000 | 1,742,157 | ||||||
| Corona-Norco Unified School District Special Tax, (Community Facilities District No. 16-1), 5.00%, 9/1/43 | 2,430,000 | 2,465,902 | ||||||
| Corona-Norco Unified School District Special Tax, (Community Facilities District No. 16-1), 5.00%, 9/1/48 | 1,500,000 | 1,513,079 | ||||||
| County of Sacramento Rev., (Einstein Preservation LP), Series 2024-01FN, 4.125%, 4/1/40 (FNMA) | 1,250,000 | 1,211,617 | ||||||
CSCDA Community Improvement Authority Rev., (1818 Platinum Triangle-Anaheim), 3.25%, 4/1/57(2) | 7,135,000 | 5,164,853 | ||||||
CSCDA Community Improvement Authority Rev., (1818 Platinum Triangle-Anaheim), 4.00%, 4/1/57(2) | 5,500,000 | 4,016,045 | ||||||
CSCDA Community Improvement Authority Rev., (Altana Apartments), 4.00%, 10/1/56(2) | 13,000,000 | 10,019,121 | ||||||
CSCDA Community Improvement Authority Rev., (Dublin), 4.00%, 2/1/57(2) | 4,000,000 | 2,922,612 | ||||||
CSCDA Community Improvement Authority Rev., (Escondido Portfolio), 4.00%, 12/1/59(2) | 12,000,000 | 7,325,411 | ||||||
CSCDA Community Improvement Authority Rev., (Oceanaire Apartments), 4.00%, 9/1/56(2) | 6,235,000 | 4,678,648 | ||||||
CSCDA Community Improvement Authority Rev., (Orange Portfolio), 4.00%, 3/1/57(2) | 3,235,000 | 2,359,197 | ||||||
CSCDA Community Improvement Authority Rev., (Parallel-Anaheim), 4.00%, 8/1/56(2) | 4,900,000 | 4,147,530 | ||||||
CSCDA Community Improvement Authority Rev., (Pasadena Portfolio), 2.65%, 12/1/46(2) | 1,485,000 | 1,162,602 | ||||||
CSCDA Community Improvement Authority Rev., (Renaissance at City Center), 5.00%, 7/1/51(2) | 8,250,000 | 7,878,267 | ||||||
CSCDA Community Improvement Authority Rev., (Westgate Apartments), 4.00%, 9/1/46(2) | 1,925,000 | 1,582,683 | ||||||
CSCDA Community Improvement Authority Rev., (Westgate Apartments), 3.125%, 6/1/57(2) | 5,385,000 | 3,181,979 | ||||||
CSCDA Community Improvement Authority Rev., (Westgate Apartments), 4.00%, 6/1/57(2) | 2,500,000 | 1,521,938 | ||||||
| Dixon Special Tax, (Dixon Community Facilities District No. 2013-1 Homestead), 5.00%, 9/1/45 | 4,780,000 | 4,798,468 | ||||||
| Dixon Special Tax, (Dixon Community Facilities District No. 2019-1 Homestead), 4.00%, 9/1/45 | 1,000,000 | 886,691 | ||||||
| Dixon Special Tax, (Dixon Community Facilities District No. 2019-1 Homestead), 5.00%, 9/1/48 | 1,400,000 | 1,352,438 | ||||||
| Dixon Special Tax, (Dixon Community Facilities District No. 2019-1 Homestead), 5.00%, 9/1/53 | 1,600,000 | 1,523,423 | ||||||
Dixon Special Tax, (Dixon Community Facilities District No. 2019-1), 5.00%, 9/1/46(3) | 300,000 | 303,451 | ||||||
Dixon Special Tax, (Dixon Community Facilities District No. 2019-1), 5.00%, 9/1/54(3) | 1,000,000 | 1,002,257 | ||||||
| Dublin Special Tax, (City of Dublin Community Facilities District No. 2015-1 Improvement Area No. 5), 5.375%, 9/1/51 | 1,250,000 | 1,261,251 | ||||||
| Dublin Special Tax, (Community Facilities District No. 2015-1), 5.50%, 9/1/47 | 2,630,000 | 2,693,597 | ||||||
| Dublin Special Tax, (Community Facilities District No. 2015-1), 5.50%, 9/1/51 | 3,040,000 | 3,096,609 | ||||||
| Dublin Community Facilities District Improvement Area No. 1 Special Tax, 5.00%, 9/1/37 | 1,150,000 | 1,180,241 | ||||||
| Dublin Community Facilities District Improvement Area No. 1 Special Tax, 5.00%, 9/1/47 | 2,840,000 | 2,866,413 | ||||||
| Dublin Community Facilities District Improvement Area No. 1 Special Tax, (Community Facilities District No. 2015-1), 5.00%, 9/1/44 | 2,200,000 | 2,254,670 | ||||||
| East Bay Municipal Utility District Wastewater System Rev., 5.00%, 6/1/42 | 600,000 | 664,227 | ||||||
| East Bay Municipal Utility District Wastewater System Rev., 5.00%, 6/1/45 | 1,200,000 | 1,314,865 | ||||||
| East Bay Municipal Utility District Wastewater System Rev., (East Bay Municipal Utility District Wastewater System Revenue), 5.00%, 6/1/54 | 1,850,000 | 2,005,960 | ||||||
| East Bay Municipal Utility District Water System Rev., (East Bay Municipal Utility District Water System Revenue), 5.00%, 6/1/54 | 2,855,000 | 3,095,685 | ||||||
| East Garrison Public Finance Authority Special Tax, 5.00%, 9/1/46 | 1,155,000 | 1,162,090 | ||||||
| El Dorado County Special Tax, (Community Facilities District No. 2014-1), 4.00%, 9/1/46 | 2,350,000 | 2,078,336 | ||||||
| El Dorado County Special Tax, (El County Dorado Community Facilities District No. 2018-1 Bass Lake Hills), 5.00%, 9/1/34 | 450,000 | 465,964 | ||||||
| El Dorado County Special Tax, (El County Dorado Community Facilities District No. 2018-1 Bass Lake Hills), 5.00%, 9/1/49 | 2,920,000 | 2,939,113 | ||||||
| El Rancho Unified School District GO, 5.75%, 8/1/48 (BAM) | 625,000 | 722,622 | ||||||
| Emeryville Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/34 (AGM) | 1,000,000 | 1,002,347 | ||||||
| Escondido Special Tax, (Escondido Community Facilities District No. 2020-2), 5.00%, 9/1/52 | 2,700,000 | 2,716,855 | ||||||
| Fairfield Community Facilities District Special Tax, (District No. 2016-1), 4.00%, 9/1/41 | 1,145,000 | 1,049,811 | ||||||
| Fairfield Community Facilities District Special Tax, (District No. 2016-1), 4.00%, 9/1/45 | 2,000,000 | 1,768,530 | ||||||
| Fairfield Community Facilities District Special Tax, (Fairfield Community Facilities District No. 2019-1), 5.00%, 9/1/50 | 3,250,000 | 3,245,021 | ||||||
| Folsom Ranch Financing Authority Special Tax, (Community Facilities District No. 20), 5.00%, 9/1/42 | 1,680,000 | 1,700,723 | ||||||
| Folsom Ranch Financing Authority Special Tax, (Community Facilities District No. 20), 5.125%, 9/1/47 | 1,250,000 | 1,260,754 | ||||||
| Folsom Ranch Financing Authority Special Tax, (Community Facilities District No. 20), 5.125%, 9/1/52 | 1,300,000 | 1,301,549 | ||||||
| Folsom Ranch Financing Authority Special Tax, (Folsom Community Facilities District No. 19), 5.00%, 9/1/39 | 1,255,000 | 1,294,353 | ||||||
| Folsom Ranch Financing Authority Special Tax, (Folsom Community Facilities District No. 19), 5.00%, 9/1/44 | 2,285,000 | 2,327,871 | ||||||
| Folsom Ranch Financing Authority Special Tax, (Folsom Community Facilities District No. 19), 5.00%, 9/1/47 | 4,325,000 | 4,367,817 | ||||||
| Folsom Ranch Financing Authority Special Tax, (Folsom Community Facilities District No. 20), 5.00%, 9/1/33 | 530,000 | 552,024 | ||||||
| Folsom Ranch Financing Authority Special Tax, (Folsom Community Facilities District No. 20), 5.00%, 9/1/38 | 845,000 | 871,832 | ||||||
| Folsom Ranch Financing Authority Special Tax, (Folsom Community Facilities District No. 21), 4.00%, 9/1/46 | 800,000 | 691,822 | ||||||
| Folsom Ranch Financing Authority Special Tax, (Folsom Community Facilities District No. 23), 4.00%, 9/1/40 | 1,245,000 | 1,117,177 | ||||||
| Folsom Ranch Financing Authority Special Tax, (Folsom Community Facilities District No. 23), 4.00%, 9/1/50 | 2,285,000 | 1,877,606 | ||||||
| Fontana Special Tax, (Fontana Community Facilities District No. 31), 5.00%, 9/1/35 | 1,365,000 | 1,409,078 | ||||||
| Fontana Special Tax, (Fontana Community Facilities District No. 85), 4.00%, 9/1/45 | 750,000 | 674,216 | ||||||
| Fontana Special Tax, (Fontana Community Facilities District No. 85), 4.00%, 9/1/50 | 900,000 | 782,236 | ||||||
| Foothill-Eastern Transportation Corridor Agency Rev., 4.00%, 1/15/46 (BAM-TCRS) | 4,250,000 | 4,115,096 | ||||||
Foothill-Eastern Transportation Corridor Agency Rev., Capital Appreciation, 0.00%, 1/15/42(1) | 6,000,000 | 2,694,701 | ||||||
| Foothill-Eastern Transportation Corridor Agency Rev., Capital Appreciation, 6.85%, 1/15/42 | 2,200,000 | 2,598,240 | ||||||
| Fort Bragg Unified School District GO, 5.50%, 8/1/52 | 1,450,000 | 1,561,316 | ||||||
| Fremont Community Facilities District No. 1 Special Tax, 5.00%, 9/1/40 | 3,000,000 | 3,016,485 | ||||||
| Fremont Community Facilities District No. 1 Special Tax, 5.00%, 9/1/45 | 2,000,000 | 2,007,487 | ||||||
| Fresno Unified School District GO, 4.00%, 8/1/52 | 2,500,000 | 2,433,654 | ||||||
| Glendale Electric Rev., (City of Glendale Electric Revenue), 5.00%, 2/1/49 | 5,000,000 | 5,413,846 | ||||||
| Golden State Tobacco Securitization Corp. Rev., 5.00%, 6/1/51 | 4,000,000 | 4,114,752 | ||||||
Golden State Tobacco Securitization Corp. Rev., Capital Appreciation, 0.00%, 6/1/66(1) | 44,750,000 | 4,893,967 | ||||||
Hastings Campus Housing Finance Authority Rev., 5.00%, 7/1/45(2) | 1,000,000 | 935,648 | ||||||
Hastings Campus Housing Finance Authority Rev., 5.00%, 7/1/61(2) | 7,135,000 | 6,520,490 | ||||||
Hastings Campus Housing Finance Authority Rev., Capital Appreciation, VRN, 0.00%, 7/1/61(2) | 14,365,000 | 6,430,712 | ||||||
| Hemet Unified School District Financing Authority Special Tax, 5.00%, 9/1/39 | 2,100,000 | 2,109,080 | ||||||
| Hesperia Special Tax, (Community Facilities District No. 2005-1), 5.00%, 9/1/29 | 1,060,000 | 1,062,683 | ||||||
Independent Cities Finance Authority Rev., (Compton Sales Tax Rev.), 4.00%, 6/1/51 (AGM)(2) | 3,400,000 | 3,239,182 | ||||||
| Independent Cities Finance Authority Rev., (Millennium Housing LLC), 5.00%, 9/15/50 | 2,000,000 | 2,022,837 | ||||||
| Independent Cities Finance Authority Rev., (Palomar Estates East), 5.00%, 9/15/36 | 1,000,000 | 1,010,205 | ||||||
| Independent Cities Finance Authority Rev., (Palomar Estates West), 5.00%, 9/15/36 | 1,500,000 | 1,515,307 | ||||||
| Indio Electric Financing Authority Rev., (Imperial Irrigation District Electric System Revenue), 5.25%, 1/1/53 | 3,000,000 | 3,260,707 | ||||||
| Inland Valley Development Agency Tax Allocation, 5.25%, 9/1/37 | 1,110,000 | 1,111,781 | ||||||
| Irvine Special Assessment, (Irvine Reassessment District No. 15-2), 5.00%, 9/2/42 | 1,500,000 | 1,510,418 | ||||||
| Irvine Special Tax, (Irvine Community Facilities District No. 2013-3 Improvement Area No. 1), 5.25%, 9/1/53 (BAM) | 2,000,000 | 2,182,747 | ||||||
| Irvine Special Tax, (Irvine Community Facilities District No. 2013-3), 5.00%, 9/1/48 | 2,500,000 | 2,537,146 | ||||||
| Irvine Facilities Financing Authority Rev., (Irvine), 4.25%, 5/1/53 | 5,000,000 | 5,001,497 | ||||||
| Irvine Ranch Water District Special Assessment, VRDN, 3.80%, 6/1/24 (LOC: Bank of America N.A.) | 595,000 | 595,000 | ||||||
| Irvine Ranch Water District Water Service Corp. Special Assessment, VRN, 3.80%, 6/1/24 (LOC: Bank of America N.A.) | 200,000 | 200,000 | ||||||
| Jurupa Unified School District Special Tax, (Community Facilities District No. 11), 4.00%, 9/1/47 | 1,000,000 | 860,285 | ||||||
| Jurupa Unified School District Special Tax, (Community Facilities District No. 6), 5.00%, 9/1/38 | 1,000,000 | 1,025,104 | ||||||
| Jurupa Unified School District Special Tax, (Community Facilities District No. 6), 5.00%, 9/1/43 | 1,255,000 | 1,272,576 | ||||||
| Lake Elsinore Special Tax, (Lake Elsinore Community Facilities District No. 2016-2), 5.00%, 9/1/43 | 2,470,000 | 2,511,253 | ||||||
| Lake Elsinore Special Tax, (Lake Elsinore Community Facilities District No. 2016-2), 5.00%, 9/1/48 | 3,640,000 | 3,671,739 | ||||||
| Lake Elsinore Public Financing Authority Special Tax, 5.00%, 9/1/40 | 1,925,000 | 1,936,041 | ||||||
| Lake Elsinore Unified School District Community Facilities District Special Tax, (District No. 2013-1), 4.00%, 9/1/42 | 600,000 | 556,131 | ||||||
| Lake Elsinore Unified School District Community Facilities District Special Tax, (District No. 2013-1), 4.00%, 9/1/47 | 900,000 | 806,120 | ||||||
| Lammersville Joint Unified School District Special Tax, (Lammersville Joint Unified School District Community Facilities Dist No. 2014-1), 5.00%, 9/1/43 | 775,000 | 788,542 | ||||||
| Lammersville Joint Unified School District Special Tax, (Lammersville Joint Unified School District Community Facilities District No. 200), 5.00%, 9/1/30 | 1,300,000 | 1,340,679 | ||||||
| Lammersville Joint Unified School District Special Tax, (Lammersville Joint Unified School District Community Facilities District No. 200), 5.00%, 9/1/32 | 1,510,000 | 1,554,728 | ||||||
| Lee Lake Water District Financing Corp. Special Tax, (Community Facilities District No. 4 Terramor), 5.00%, 9/1/43 | 4,730,000 | 4,801,704 | ||||||
| Lee Lake Water District Financing Corp. Special Tax, (Community Facilities District No. 4 Terramor), 4.00%, 9/1/46 | 1,040,000 | 909,495 | ||||||
| Lee Lake Water District Financing Corp. Special Tax, (Community Facilities District No. 4 Terramor), 5.00%, 9/1/48 | 6,040,000 | 6,092,665 | ||||||
| Lee Lake Water District Financing Corp. Special Tax, (Community Facilities District No. 4 Terramor), 4.00%, 9/1/51 | 930,000 | 787,745 | ||||||
| Long Beach Bond Finance Authority Rev., 5.50%, 11/15/37 (GA: Merrill Lynch & Co.) | 1,150,000 | 1,275,952 | ||||||
| Los Angeles Community Facilities District Special Tax, (District No. 11), 4.00%, 9/1/46 | 1,500,000 | 1,315,457 | ||||||
| Los Angeles County Community Facilities District No. 2021-01 Special Tax, 5.00%, 9/1/52 | 1,000,000 | 999,036 | ||||||
| Los Angeles County Public Works Financing Authority Rev., (Los Angeles County), 5.00%, 12/1/49 | 7,000,000 | 7,337,718 | ||||||
| Los Angeles Department of Airports Rev., 5.00%, 5/15/39 | 5,000,000 | 5,419,719 | ||||||
| Los Angeles Department of Airports Rev., 5.00%, 5/15/48 | 3,000,000 | 3,215,785 | ||||||
| Los Angeles Department of Water & Power Rev., 5.00%, 7/1/53 | 5,000,000 | 5,423,260 | ||||||
| Los Angeles Department of Water & Power Rev., (Los Angeles Department of Water & Power Power System Rev.), 5.00%, 7/1/51 | 5,165,000 | 5,507,771 | ||||||
| Los Angeles Department of Water & Power System Rev., 5.00%, 7/1/52 | 3,000,000 | 3,238,362 | ||||||
| Los Angeles Department of Water & Power System Rev., VRDN, 3.85%, 6/1/24 (SBBPA: Bank of America N.A.) | 2,440,000 | 2,440,000 | ||||||
| Los Angeles Department of Water & Power Water System Rev., 5.00%, 7/1/42 | 2,000,000 | 2,246,391 | ||||||
| Los Angeles Department of Water & Power Water System Rev., 5.00%, 7/1/43 | 1,000,000 | 1,118,242 | ||||||
| Los Angeles Department of Water & Power Water System Rev., 5.00%, 7/1/44 | 1,000,000 | 1,114,575 | ||||||
| Los Angeles Housing Authority Rev., 3.75%, 4/1/34 (FNMA) | 2,000,000 | 1,958,477 | ||||||
| Los Angeles Unified School District GO, 5.00%, 7/1/33 | 1,700,000 | 1,945,645 | ||||||
| Los Angeles Unified School District GO, 5.00%, 7/1/34 | 1,750,000 | 2,026,132 | ||||||
| Marina Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/24 | 250,000 | 250,333 | ||||||
| Marina Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/25 | 260,000 | 262,798 | ||||||
| Marina Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/26 | 115,000 | 117,432 | ||||||
| Marina Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/26 | 135,000 | 136,840 | ||||||
| Marina Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/27 | 100,000 | 103,144 | ||||||
| Marina Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/28 | 100,000 | 102,732 | ||||||
| Marina Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/28 | 100,000 | 103,952 | ||||||
| Marina Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/33 | 250,000 | 259,290 | ||||||
| Marina Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/33 | 340,000 | 352,365 | ||||||
| Marina Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/38 | 250,000 | 256,764 | ||||||
| Marina Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 9/1/38 | 400,000 | 410,822 | ||||||
Menifee Union School District GO, Capital Appreciation, 0.00%, 8/1/44(1) | 1,750,000 | 681,838 | ||||||
Menifee Union School District GO, Capital Appreciation, 0.00%, 8/1/45(1) | 1,200,000 | 441,800 | ||||||
| Menifee Union School District Special Tax, (Community Facilities District No. 2011-1), 5.00%, 9/1/44 | 2,245,000 | 2,277,715 | ||||||
| Menifee Union School District Special Tax, (Community Facilities District No. 2011-1), 5.25%, 9/1/52 | 2,000,000 | 2,024,401 | ||||||
| Middle Fork Project Finance Authority Rev., 5.00%, 4/1/34 | 1,175,000 | 1,223,161 | ||||||
| Middle Fork Project Finance Authority Rev., 5.00%, 4/1/35 | 1,030,000 | 1,072,103 | ||||||
| Middle Fork Project Finance Authority Rev., 5.00%, 4/1/36 | 2,350,000 | 2,442,192 | ||||||
| Monterey Peninsula Community College District GO, 4.00%, 8/1/51 | 3,350,000 | 3,253,852 | ||||||
| Moreno Valley Unified School District Community Facilities District Special Tax, (District No. 2018-1), 4.00%, 9/1/52 | 3,985,000 | 3,258,100 | ||||||
| M-S-R Energy Authority Rev., 7.00%, 11/1/34 (GA: Citigroup Global Markets) | 1,700,000 | 2,048,537 | ||||||
| M-S-R Energy Authority Rev., 6.50%, 11/1/39 (GA: Citigroup Global Markets) | 4,000,000 | 4,951,133 | ||||||
| Murrieta Community Facilities District Special Tax, (District No. 2005-5 Golden City), 5.00%, 9/1/42 | 655,000 | 666,800 | ||||||
| Murrieta Community Facilities District Special Tax, (District No. 2005-5 Golden City), 5.00%, 9/1/46 | 825,000 | 836,144 | ||||||
| North Lake Tahoe Public Financing Authority Rev., (Placer County), 5.50%, 12/1/47 | 4,425,000 | 4,875,529 | ||||||
| Northern California Energy Authority Rev., VRN, 5.00%, 12/1/54 (GA: Pacific Life Insurance Co.) | 5,000,000 | 5,289,791 | ||||||
Northern Inyo County Local Hospital District GO, 0.00%, 11/1/34 (AGC)(1) | 1,325,000 | 851,764 | ||||||
Northern Inyo County Local Hospital District GO, 0.00%, 11/1/36 (AGC)(1) | 2,885,000 | 1,683,002 | ||||||
| Norwalk-La Mirada Unified School District GO, 5.00%, 8/1/51 | 1,750,000 | 1,877,777 | ||||||
| Ojai Unified School District GO, 5.50%, 8/1/53 (AGM) | 1,750,000 | 1,937,778 | ||||||
| Ontario Special Tax, (City of Ontario Community Facilities District No. 56), 5.50%, 9/1/48 | 1,250,000 | 1,288,362 | ||||||
| Ontario Special Tax, (City of Ontario Community Facilities District No. 56), 5.75%, 9/1/54 | 2,210,000 | 2,306,255 | ||||||
| Ontario Special Tax, (Ontario Community Facilities District No. 57), 4.25%, 9/1/37 | 415,000 | 399,745 | ||||||
| Ontario Special Tax, (Ontario Community Facilities District No. 57), 4.625%, 9/1/42 | 650,000 | 631,165 | ||||||
| Ontario Special Tax, (Ontario Community Facilities District No. 57), 4.75%, 9/1/47 | 840,000 | 804,004 | ||||||
| Ontario Special Tax, (Ontario Community Facilities District No. 57), 4.75%, 9/1/52 | 825,000 | 771,923 | ||||||
| Ontario Community Facilities District No. 24 Special Tax, 5.00%, 9/1/26 | 390,000 | 396,987 | ||||||
| Ontario Community Facilities District No. 28 Special Tax, 5.00%, 9/1/42 | 1,000,000 | 1,014,692 | ||||||
| Ontario Community Facilities District No. 28 Special Tax, 5.00%, 9/1/47 | 500,000 | 504,650 | ||||||
| Ontario Community Facilities District No. 30 Special Tax, 4.00%, 9/1/42 | 1,395,000 | 1,251,506 | ||||||
| Ontario Community Facilities District No. 30 Special Tax, 4.00%, 9/1/48 | 2,000,000 | 1,710,962 | ||||||
| Ontario Community Facilities District No. 31 Special Tax, 5.00%, 9/1/42 | 1,050,000 | 1,062,898 | ||||||
| Ontario Community Facilities District No. 34 Special Tax, 4.00%, 9/1/48 | 1,000,000 | 859,243 | ||||||
| Ontario Community Facilities District No. 43 Special Tax, 4.00%, 9/1/50 | 1,000,000 | 834,166 | ||||||
| Orange County Community Facilities District Special Tax, (Community Facilities District No. 2017-1), 5.00%, 8/15/42 | 2,500,000 | 2,539,934 | ||||||
| Orange County Community Facilities District Special Tax, (Community Facilities District No. 2021-1), 5.00%, 8/15/52 | 1,000,000 | 996,044 | ||||||
| Orange County Community Facilities District Special Tax, (County of Orange Community Facilities District No. 2023-1), 5.50%, 8/15/53 | 2,200,000 | 2,240,489 | ||||||
| Orange County Community Facilities District Special Tax, (County of Orange Community Facilities District No. 2023-1), 5.75%, 8/15/53 | 1,085,000 | 1,111,827 | ||||||
| Orange County Community Facilities District Special Tax, (Orange County Community Facilities District No. 2015-1), 5.25%, 8/15/45 | 3,905,000 | 3,930,816 | ||||||
| Orange County Community Facilities District Special Tax, (Orange County Community Facilities District No. 2016-1), 5.00%, 8/15/41 | 6,545,000 | 6,605,710 | ||||||
| Orange County Community Facilities District Special Tax, (Orange County Community Facilities District No. 2016-1), 5.00%, 8/15/46 | 3,000,000 | 3,018,697 | ||||||
| Orange County Community Facilities District Special Tax, (Orange County Community Facilities District No. 2021-1), 5.00%, 8/15/47 | 3,300,000 | 3,309,614 | ||||||
| Oroville Rev., 5.25%, 4/1/49 | 3,000,000 | 2,053,294 | ||||||
| Oroville Rev., (Oroville Hospital), 5.25%, 4/1/39 | 2,350,000 | 1,614,967 | ||||||
| Oxnard School District GO, 4.25%, 8/1/53 (BAM) | 3,000,000 | 2,967,610 | ||||||
| Palm Desert Special Tax, (Palm Desert Community Facilities District No. 2021-1), 3.00%, 9/1/31 | 410,000 | 370,125 | ||||||
| Palm Desert Special Tax, (Palm Desert Community Facilities District No. 2021-1), 4.00%, 9/1/41 | 900,000 | 803,581 | ||||||
| Palm Desert Special Tax, (Palm Desert Community Facilities District No. 2021-1), 5.00%, 9/1/49 | 600,000 | 576,214 | ||||||
| Palm Desert Special Tax, (Palm Desert Community Facilities District No. 2021-1), 4.00%, 9/1/51 | 1,300,000 | 1,079,305 | ||||||
| Palm Desert Special Tax, (Palm Desert Community Facilities District No. 2021-1), 5.00%, 9/1/53 | 525,000 | 499,127 | ||||||
| Palmdale Water District Public Financing Authority Rev., (Palmdale Water District), 5.00%, 10/1/53 (AGM) | 1,700,000 | 1,837,659 | ||||||
| Palomar Health COP, (Palomar Health Obligated Group), 4.00%, 11/1/38 | 1,445,000 | 1,252,630 | ||||||
| Palomar Health Rev., (Palomar Health Obligated Group), 5.00%, 11/1/36 | 3,465,000 | 3,266,066 | ||||||
| Palomar Health Rev., (Palomar Health Obligated Group), 5.00%, 11/1/39 | 8,250,000 | 7,659,409 | ||||||
| Palomar Health Rev., (Palomar Health Obligated Group), 5.00%, 11/1/42 | 15,000,000 | 13,690,601 | ||||||
| Peninsula Corridor Joint Powers Board Rev., 5.00%, 6/1/51 | 10,000,000 | 10,688,061 | ||||||
| Perris Joint Powers Authority Special Tax, 5.00%, 9/1/34 | 1,555,000 | 1,596,557 | ||||||
| Perris Union High School District Special Tax, (Community Facilities District No. 92-1), 5.00%, 9/1/41 | 4,750,000 | 4,765,178 | ||||||
| Pleasant Valley School District/Ventura County GO, 5.85%, 8/1/31 (NPFG) | 4,835,000 | 5,198,392 | ||||||
| Rancho Cordova Special Tax, (Community Facilities District No. 2021-1), 5.25%, 9/1/52 | 2,000,000 | 2,005,683 | ||||||
| Rancho Cordova Special Tax, (Rancho Cordova Arista Del Sol Cmnty Facs Dist No. 2022-1 Impt Area 1), 5.375%, 9/1/53 | 1,300,000 | 1,317,238 | ||||||
| Rancho Cordova Special Tax, (Sunridge North Douglas Community Facs Dist No. 2005-1), 5.00%, 9/1/40 | 1,195,000 | 1,202,718 | ||||||
| Rancho Cordova Special Tax, (Sunridge North Douglas Community Facs Dist No. 2005-1), 4.00%, 9/1/45 | 1,025,000 | 903,894 | ||||||
| Rancho Cordova Special Tax, (Sunridge North Douglas Community Facs Dist No. 2005-1), 5.00%, 9/1/45 | 1,250,000 | 1,256,181 | ||||||
Redwood City Redevelopment Agency Successor Agency Tax Allocation, Capital Appreciation, 0.00%, 7/15/28 (AMBAC)(1) | 3,405,000 | 2,905,448 | ||||||
| Regents of the University of California Medical Center Pooled Rev., VRDN, 3.85%, 6/1/24 | 1,745,000 | 1,745,000 | ||||||
| Regents of the University of California Medical Center Pooled Rev., VRDN, 3.85%, 6/1/24 | 7,000,000 | 7,000,000 | ||||||
| Regents of the University of California Medical Center Pooled Rev., VRDN, 3.85%, 6/1/24 | 16,750,000 | 16,750,000 | ||||||
| Regents of the University of California Medical Center Pooled Rev., VRDN, 3.90%, 6/1/24 | 2,700,000 | 2,700,000 | ||||||
| Rialto Special Tax, (Rialto Community Facilities District No. 2020-1), 5.50%, 9/1/53 | 1,500,000 | 1,551,025 | ||||||
| Riverside County Community Facilities Districts Special Tax, (District No. 04-2), 5.00%, 9/1/30 | 1,035,000 | 1,037,981 | ||||||
| Riverside County Community Facilities Districts Special Tax, (District No. 04-2), 5.00%, 9/1/35 | 2,520,000 | 2,527,259 | ||||||
| Riverside County Community Facilities Districts Special Tax, (District No. 05-8), 5.00%, 9/1/48 | 2,500,000 | 2,521,799 | ||||||
| Riverside County Community Facilities Districts Special Tax, (District No. 07-2), 5.00%, 9/1/40 | 2,250,000 | 2,261,282 | ||||||
| Riverside County Community Facilities Districts Special Tax, (District No. 07-2), 5.00%, 9/1/42 | 1,110,000 | 1,124,637 | ||||||
| Riverside County Community Facilities Districts Special Tax, (District No. 07-2), 5.00%, 9/1/44 | 2,735,000 | 2,744,548 | ||||||
| Riverside County Community Facilities Districts Special Tax, (District No. 07-2), 5.00%, 9/1/45 | 540,000 | 545,256 | ||||||
| Riverside County Transportation Commission Rev., 4.00%, 6/1/46 | 1,475,000 | 1,401,345 | ||||||
Riverside County Transportation Commission Rev., Capital Appreciation, 0.00%, 6/1/41(1) | 2,000,000 | 931,228 | ||||||
Riverside County Transportation Commission Rev., Capital Appreciation, 0.00%, 6/1/42(1) | 3,320,000 | 1,463,116 | ||||||
Riverside County Transportation Commission Rev., Capital Appreciation, 0.00%, 6/1/43(1) | 5,000,000 | 2,083,993 | ||||||
| Riverside Unified School District Special Tax, 4.00%, 9/1/50 | 875,000 | 747,823 | ||||||
| Riverside Unified School District Special Tax, (Community Facilities Dist No. 19), 5.00%, 9/1/54 | 770,000 | 763,927 | ||||||
| Riverside Unified School District Special Tax, (Community Facilities Dist No. 19), 5.00%, 9/1/54 | 1,270,000 | 1,252,231 | ||||||
| Riverside Unified School District Special Tax, (Riverside Unified School District Community Facilities District No. 32), 4.00%, 9/1/43 | 1,600,000 | 1,441,975 | ||||||
| Riverside Unified School District Special Tax, (Riverside Unified School District Community Facilities District No. 32), 4.00%, 9/1/48 | 1,850,000 | 1,601,290 | ||||||
| Riverside Water Rev., 5.00%, 10/1/47 | 1,000,000 | 1,088,175 | ||||||
| Riverside Water Rev., 5.00%, 10/1/52 | 1,000,000 | 1,077,630 | ||||||
| Romoland School District Special Tax, (Romoland School District Community Facilities District No. 2004-1 Heritage Lake), 5.00%, 9/1/38 | 2,900,000 | 2,925,055 | ||||||
| Romoland School District Special Tax, (Romoland School District Community Facilities District No. 2004-1 Heritage Lake), 5.00%, 9/1/43 | 3,000,000 | 3,058,221 | ||||||
Romoland School District Special Tax, (Romoland School District Community Facilities District No. 2020-1), 5.00%, 9/1/49(3) | 1,000,000 | 1,019,502 | ||||||
| Romoland School District Special Tax, (Romoland School District-Community Facilities District No. 2017-1 Impt Area 2), 5.00%, 9/1/46 | 370,000 | 376,686 | ||||||
| Romoland School District Special Tax, (Romoland School District-Community Facilities District No. 2017-1 Impt Area 2), 5.00%, 9/1/54 | 1,525,000 | 1,536,041 | ||||||
Roseville Special Tax, (Ranch Community Facilities District No. 5), 5.00%, 9/1/32(2) | 1,265,000 | 1,292,425 | ||||||
Roseville Special Tax, (Ranch Community Facilities District No. 5), 5.00%, 9/1/47(2) | 6,500,000 | 6,527,448 | ||||||
| Roseville Special Tax, (Roseville Creekview Community Facilities District No. 1), 5.00%, 9/1/43 | 475,000 | 473,748 | ||||||
| Roseville Special Tax, (Roseville Creekview Community Facilities District No. 1), 5.00%, 9/1/50 | 1,995,000 | 2,011,875 | ||||||
| Roseville Special Tax, (Roseville Creekview Community Facilities District No. 1), 5.25%, 9/1/53 | 1,500,000 | 1,490,089 | ||||||
| Roseville Special Tax, (Roseville Ranch at Sierra Vista Community Facilities District No. 1), 4.00%, 9/1/45 | 450,000 | 391,452 | ||||||
| Roseville Special Tax, (Roseville Ranch at Sierra Vista Community Facilities District No. 1), 4.00%, 9/1/50 | 1,000,000 | 835,427 | ||||||
| Roseville Special Tax, (Roseville Ranch at Sierra Vista Community Facilities District No. 1), 5.00%, 9/1/53 | 1,000,000 | 981,218 | ||||||
| Roseville Special Tax, (Roseville SVSP Westpark-Federico Community Facilities District No. 1), 4.00%, 9/1/46 | 640,000 | 554,231 | ||||||
| Roseville Special Tax, (Roseville SVSP Westpark-Federico Community Facilities District No. 1), 5.00%, 9/1/49 | 1,275,000 | 1,282,164 | ||||||
| Roseville Special Tax, (Roseville SVSP Westpark-Federico Community Facilities District No. 1), 4.00%, 9/1/51 | 1,290,000 | 1,079,267 | ||||||
| Roseville Special Tax, (Roseville Villages at Sierra Vista Community Facilities District No. 1), 5.00%, 9/1/44 | 3,230,000 | 3,272,572 | ||||||
| Roseville Special Tax, (Villages at Sierra Vista Community Facilities District No. 1), 5.00%, 9/1/39 | 1,390,000 | 1,412,707 | ||||||
| Roseville Special Tax, (Villages at Sierra Vista Community Facilities District No. 1), 4.00%, 9/1/45 | 495,000 | 419,077 | ||||||
| Roseville Special Tax, (Villages at Sierra Vista Community Facilities District No. 1), 4.00%, 9/1/50 | 650,000 | 536,522 | ||||||
| Roseville Special Tax, (Westbrook Community Facilities District No. 1), 5.00%, 9/1/43 | 2,840,000 | 2,864,526 | ||||||
| Roseville Special Tax, (Westbrook Community Facilities District No. 1), 5.00%, 9/1/44 | 1,650,000 | 1,650,586 | ||||||
| Roseville Special Tax, (Westbrook Community Facilities District No. 1), 5.00%, 9/1/44 | 2,950,000 | 3,015,003 | ||||||
| Roseville Natural Gas Financing Authority Rev., 5.00%, 2/15/27 (GA: Merrill Lynch & Co.) | 5,000,000 | 5,089,004 | ||||||
| Sacramento Special Tax, (Community Facilities District No. 2006-2), 5.00%, 9/1/41 | 1,900,000 | 1,921,598 | ||||||
Sacramento Special Tax, (Community Facilities District No. 2007-1), 5.00%, 9/1/32(2) | 300,000 | 308,979 | ||||||
Sacramento Special Tax, (Community Facilities District No. 2007-1), 5.00%, 9/1/47(2) | 1,900,000 | 1,916,533 | ||||||
| Sacramento Special Tax, (Sacramento Greenbriar Community Facilities District No. 2018-03), 4.00%, 9/1/46 | 1,200,000 | 1,042,094 | ||||||
| Sacramento Special Tax, (Sacramento Greenbriar Community Facilities District No. 2018-03), 4.00%, 9/1/50 | 1,500,000 | 1,260,742 | ||||||
| Sacramento County Special Tax, (Community Facilities District No. 2004-1), 5.00%, 9/1/30 | 1,170,000 | 1,184,552 | ||||||
| Sacramento County Special Tax, (Community Facilities District No. 2004-1), 5.00%, 9/1/31 | 1,355,000 | 1,372,179 | ||||||
| Sacramento County Special Tax, (Community Facilities District No. 2004-1), 5.00%, 9/1/35 | 2,335,000 | 2,370,386 | ||||||
| Sacramento County Special Tax, (Community Facilities District No. 2004-1), 5.00%, 9/1/40 | 3,000,000 | 3,031,520 | ||||||
| Sacramento County Special Tax, (Community Facilities District No. 2005-2), 5.00%, 9/1/40 | 2,325,000 | 2,348,157 | ||||||
| Sacramento County Special Tax, (Community Facilities District No. 2005-2), 5.00%, 9/1/45 | 4,645,000 | 4,673,944 | ||||||
| Sacramento County Special Tax, (Community Facilities District No. 2014-2), 5.00%, 9/1/46 | 4,200,000 | 4,223,117 | ||||||
| Sacramento Municipal Utility District Rev., 5.00%, 8/15/53 | 4,000,000 | 4,355,224 | ||||||
| Sacramento Municipal Utility District Rev., 5.00%, 11/15/54 | 2,000,000 | 2,186,746 | ||||||
| Salinas Union High School District GO, 4.00%, 8/1/47 | 5,000,000 | 4,961,838 | ||||||
| San Bernardino Community College District GO, 5.00%, 8/1/49 | 5,000,000 | 5,377,287 | ||||||
| San Bernardino County Special Tax, (County of San BernardiNo. CA Community Facilities District No.. 2006-1), 4.00%, 9/1/42 | 700,000 | 627,212 | ||||||
| San Bernardino County Special Tax, (County of San BernardiNo. CA Community Facilities District No.. 2006-1), 4.00%, 9/1/48 | 1,000,000 | 852,986 | ||||||
| San Bernardino County Special Tax, (County of San BernardiNo. CA Community Facilities District No.. 2006-1), 5.00%, 9/1/48 | 1,200,000 | 1,215,061 | ||||||
| San Clemente Special Tax, (Community Facilities District No. 2006-1), 5.00%, 9/1/46 | 7,530,000 | 7,578,618 | ||||||
| San Diego County COP, 5.00%, 10/1/53 | 4,000,000 | 4,317,024 | ||||||
| San Diego County Special Tax, (San County Diego Community Facilities District No. 2008-01), 4.00%, 9/1/43 | 1,255,000 | 1,125,211 | ||||||
| San Diego County Special Tax, (San County Diego Community Facilities District No. 2008-01), 4.00%, 9/1/48 | 1,250,000 | 1,074,053 | ||||||
| San Diego County Regional Airport Authority Rev., 5.00%, 7/1/36 | 3,750,000 | 4,072,254 | ||||||
| San Diego County Regional Airport Authority Rev., 5.00%, 7/1/39 | 2,000,000 | 2,145,726 | ||||||
| San Diego County Regional Airport Authority Rev., 5.00%, 7/1/44 | 3,425,000 | 3,426,368 | ||||||
| San Diego County Regional Airport Authority Rev., 5.00%, 7/1/49 | 8,500,000 | 8,868,724 | ||||||
San Diego Unified School District GO, 5.00%, 7/1/34(3) | 1,000,000 | 1,129,439 | ||||||
| San Diego Unified School District GO, 4.00%, 7/1/53 | 1,750,000 | 1,693,050 | ||||||
| San Francisco Bay Area Rapid Transit District GO, 5.25%, 8/1/47 | 4,750,000 | 5,256,777 | ||||||
| San Francisco City & County Airport Comm-San Francisco International Airport Rev., 5.00%, 5/1/43 | 6,750,000 | 7,421,021 | ||||||
San Francisco City & County Airport Comm-San Francisco International Airport Rev., 5.00%, 5/1/49(3) | 1,000,000 | 1,084,888 | ||||||
| San Francisco City & County Redevelopment Agency Successor Agency Tax Allocation, 5.00%, 8/1/33 | 780,000 | 780,535 | ||||||
| San Francisco City & County Redevelopment Successor Agency Tax Allocation, 5.25%, 8/1/53 (AGM) | 1,000,000 | 1,084,378 | ||||||
| San Francisco Public Utilities Commission Water Rev., 5.25%, 11/1/52 | 7,000,000 | 7,723,176 | ||||||
| San Joaquin Hills Transportation Corridor Agency Rev., 5.25%, 1/15/44 | 6,000,000 | 6,037,599 | ||||||
San Joaquin Hills Transportation Corridor Agency Rev., Capital Appreciation, 0.00%, 1/15/25 (NPFG)(1) | 3,090,000 | 3,013,811 | ||||||
San Joaquin Hills Transportation Corridor Agency Rev., Capital Appreciation, 0.00%, 1/15/29 (NPFG)(1) | 165,000 | 137,835 | ||||||
San Joaquin Hills Transportation Corridor Agency Rev., Capital Appreciation, 0.00%, 1/15/31 (NPFG)(1) | 16,000,000 | 12,274,515 | ||||||
San Joaquin Hills Transportation Corridor Agency Rev., Capital Appreciation, 0.00%, 1/15/32 (NPFG)(1) | 290,000 | 212,668 | ||||||
San Joaquin Hills Transportation Corridor Agency Rev., Capital Appreciation, 0.00%, 1/15/36 (NPFG)(1) | 1,335,000 | 826,130 | ||||||
| San Luis Obispo Community Facilities District No. 2019-1 Special Tax, 4.00%, 9/1/46 | 550,000 | 473,640 | ||||||
| San Luis Obispo Community Facilities District No. 2019-1 Special Tax, 4.00%, 9/1/51 | 700,000 | 581,164 | ||||||
| San Mateo Foster City School District GO, 4.00%, 8/1/51 | 4,000,000 | 3,909,562 | ||||||
| Santa Clara Valley Water District Safe Clean Water Rev., 5.00%, 8/1/47 | 1,500,000 | 1,622,938 | ||||||
| Saugus/Hart School Facilities Financing Authority Special Tax, (Community Facilities District No. 2006-1), 5.00%, 9/1/46 | 2,495,000 | 2,504,100 | ||||||
| Sierra Joint Community College District GO, 4.00%, 8/1/53 | 4,000,000 | 3,914,248 | ||||||
Silicon Valley Tobacco Securitization Authority Rev., Capital Appreciation, 0.00%, 6/1/36(1) | 32,000,000 | 16,630,150 | ||||||
Silicon Valley Tobacco Securitization Authority Rev., Capital Appreciation, 0.00%, 6/1/41(1) | 11,465,000 | 4,324,689 | ||||||
| Simi Valley Unified School District GO, 5.25%, 8/1/51 | 5,000,000 | 5,428,539 | ||||||
| South San Francisco Special Tax, (Community Facilities District No. 2021-01), 5.00%, 9/1/52 | 2,200,000 | 2,210,770 | ||||||
| South San Francisco Special Tax, (South San Francisco Community Facilities District No. 2021-01), 4.00%, 9/1/44 | 1,000,000 | 889,706 | ||||||
| South Tahoe Joint Powers Financing Authority Rev., (South Lake Tahoe), 5.25%, 10/1/53 | 3,000,000 | 3,268,879 | ||||||
| Southern California Public Power Authority Rev., 5.00%, 11/1/29 (GA: Goldman Sachs Group, Inc.) | 2,000,000 | 2,044,574 | ||||||
| Southern California Public Power Authority Rev., 5.00%, 11/1/33 (GA: Goldman Sachs Group, Inc.) | 3,755,000 | 3,866,374 | ||||||
| Southern California Public Power Authority Rev., 5.00%, 7/1/53 | 2,000,000 | 2,186,342 | ||||||
| Southern California Public Power Authority Rev., (Anaheim Electric System Rev.), VRN, 5.00%, 4/1/55 (GA: American General Life) | 1,000,000 | 1,053,544 | ||||||
| Southern California Public Power Authority Rev., (Los Angeles Department of Water & Power Power System Rev.), 5.00%, 7/1/48 (Los Angeles Department of Water & Power Power System Rev.) | 3,750,000 | 4,093,045 | ||||||
Southern Mono Health Care District GO, Capital Appreciation, 0.00%, 8/1/26 (NPFG)(1) | 1,800,000 | 1,653,071 | ||||||
| State Center Community College District GO, 5.00%, 8/1/47 | 9,000,000 | 9,757,330 | ||||||
| State of California GO, 5.25%, 10/1/45 | 1,070,000 | 1,196,375 | ||||||
| State of California GO, 5.00%, 9/1/53 | 1,000,000 | 1,087,215 | ||||||
| State of California GO, 5.25%, 9/1/53 | 5,000,000 | 5,534,076 | ||||||
| Stockton Community Facilities District Special Tax, (Stockton Community Facilities District No. 2018-2), 4.00%, 9/1/45 | 1,115,000 | 946,755 | ||||||
| Stockton Community Facilities District Special Tax, (Stockton Community Facilities District No. 2018-2), 4.00%, 9/1/50 | 1,500,000 | 1,240,245 | ||||||
| Stockton Public Financing Authority Rev., Special Tax, (Stockton Arch Road East Community Facilities District No. 99-02), 5.00%, 9/1/37 | 2,500,000 | 2,579,442 | ||||||
| Stockton Public Financing Authority Rev., Special Tax, (Stockton Arch Road East Community Facilities District No. 99-02), 5.00%, 9/1/43 | 3,000,000 | 3,043,168 | ||||||
| Sulphur Springs Union School District Special Tax, (Sulphur Springs School District Community Facilities District No. 2006-1), 5.00%, 9/1/47 | 3,640,000 | 3,671,673 | ||||||
| Sunnyvale Special Tax, (Community Facilities District No. 1), 7.75%, 8/1/32 | 5,675,000 | 5,690,903 | ||||||
| Tejon Ranch Public Facilities Finance Authority Special Tax, (Tejon Ranch Public Facilities Finance Authority Community Facs Dist No. 2008-1), 5.00%, 9/1/45 | 6,000,000 | 6,029,668 | ||||||
| Tejon Ranch Public Facilities Finance Authority Special Tax, (Tejon Ranch Public Facilities Finance Authority Community Facs Dist No. 2008-1), 4.00%, 9/1/50 | 4,750,000 | 4,028,843 | ||||||
Temecula Public Financing Authority Special Tax, (Temecula Public Financing Authority-Community Facilities District No. 16-01), Capital Appreciation, 0.00%, 9/1/53(1) | 8,730,000 | 1,528,895 | ||||||
| Temecula Public Financing Authority Special Tax, (Temecula Public Financing Authority-Community Facilities District No. 20-01), 5.00%, 9/1/49 | 950,000 | 963,581 | ||||||
| Temecula Public Financing Authority Special Tax, (Temecula Public Financing Authority-Community Facilities District No. 20-01), 5.00%, 9/1/54 | 875,000 | 880,688 | ||||||
| Temecula Valley Unified School District Community Facilities District Special Tax, (Temecula Valley Unified School District Community Facilities District No. 2014-1), 5.00%, 9/1/43 | 1,000,000 | 1,014,389 | ||||||
Tobacco Securitization Authority of Northern California Rev., (San Diego County Tobacco Asset Securitization Corp.), Capital Appreciation, 0.00%, 6/1/60(1) | 5,000,000 | 779,667 | ||||||
| Tobacco Securitization Authority of Southern California Rev., (San Diego County Tobacco Asset Securitization Corp.), 5.00%, 6/1/48 | 2,570,000 | 2,578,559 | ||||||
Tobacco Securitization Authority of Southern California Rev., (San Diego County Tobacco Asset Securitization Corp.), Capital Appreciation, 0.00%, 6/1/46(1) | 25,000,000 | 4,003,285 | ||||||
| Tracy Community Facilities District Special Tax, (City of Tracy Community Facilities District No. 2016-01 Improvement Area No. 2), 5.75%, 9/1/48 | 1,900,000 | 1,975,795 | ||||||
| Tracy Community Facilities District Special Tax, (City of Tracy Community Facilities District No. 2016-01 Improvement Area No. 2), 5.875%, 9/1/53 | 2,900,000 | 3,026,843 | ||||||
| Tracy Community Facilities District Special Tax, (Tracy Community Facilities District No. 2016-01), 5.00%, 9/1/43 | 2,750,000 | 2,773,749 | ||||||
| Tracy Community Facilities District Special Tax, (Tracy Community Facilities District No. 2016-01), 5.00%, 9/1/44 | 3,385,000 | 3,408,940 | ||||||
| Tracy Community Facilities District Special Tax, (Tracy Community Facilities District No. 2016-01), 5.00%, 9/1/48 | 2,500,000 | 2,505,613 | ||||||
| Transbay Joint Powers Authority Tax Allocation, (Transbay Redevelopment Project Tax Increment Rev.), 5.00%, 10/1/45 | 6,390,000 | 6,450,390 | ||||||
| University of California Rev., 5.00%, 5/15/26 | 7,000,000 | 7,239,219 | ||||||
| University of California Rev., 5.00%, 5/15/42 | 2,500,000 | 2,689,260 | ||||||
| University of California Rev., VRDN, 3.80%, 6/1/24 | 150,000 | 150,000 | ||||||
| Upland COP, (San Antonio Regional Hospital Obligated Group), 4.00%, 1/1/42 | 3,000,000 | 2,633,975 | ||||||
| Upland COP, (San Antonio Regional Hospital Obligated Group), 5.00%, 1/1/47 | 2,500,000 | 2,527,191 | ||||||
| Victor Valley Community College District GO, (Victor Valley Community College District), 5.00%, 8/1/51 | 3,670,000 | 3,937,967 | ||||||
| Vista Unified School District GO, 5.25%, 8/1/48 (BAM) | 4,410,000 | 4,860,888 | ||||||
| Washington Township Health Care District GO, 5.50%, 8/1/53 | 1,115,000 | 1,232,846 | ||||||
| Washington Township Health Care District Rev., 5.00%, 7/1/26 | 400,000 | 402,161 | ||||||
| Washington Township Health Care District Rev., 3.25%, 7/1/27 | 1,000,000 | 944,117 | ||||||
| Washington Township Health Care District Rev., 3.50%, 7/1/28 | 750,000 | 720,501 | ||||||
| Washington Township Health Care District Rev., 3.75%, 7/1/29 | 1,000,000 | 964,083 | ||||||
| Washington Township Health Care District Rev., 5.75%, 7/1/48 | 850,000 | 915,386 | ||||||
| Washington Township Health Care District Rev., 5.75%, 7/1/53 | 1,000,000 | 1,052,351 | ||||||
| Whittier Rev., (PIH Health, Inc., Obligated Group), 5.00%, 6/1/44 | 3,500,000 | 3,500,639 | ||||||
| William S Hart Union High School District Special Tax, (Community Facilities Dist No. 2015-1), 5.00%, 9/1/42 | 1,350,000 | 1,365,146 | ||||||
| William S Hart Union High School District Special Tax, (Community Facilities Dist No. 2015-1), 5.00%, 9/1/47 | 2,350,000 | 2,367,906 | ||||||
| William S Hart Union High School District Special Tax, (William S Hart Union High School District Cmnty Facs Dist No. 2021-1 Impt Area A), 5.00%, 9/1/49 | 750,000 | 751,395 | ||||||
| William S Hart Union High School District Special Tax, (William S Hart Union High School District Cmnty Facs Dist No. 2021-1 Impt Area A), 5.00%, 9/1/54 | 885,000 | 879,379 | ||||||
| Woodland Special Tax, (Community Facilities Dist No. 2004-1), 4.00%, 9/1/41 | 2,535,000 | 2,324,254 | ||||||
| Woodland Special Tax, (Community Facilities Dist No. 2004-1), 4.00%, 9/1/45 | 2,540,000 | 2,270,816 | ||||||
| Yorba Linda Water District Public Financing Corp. Rev., 4.00%, 10/1/52 | 3,750,000 | 3,686,144 | ||||||
| 1,395,753,448 | ||||||||
| Guam — 0.5% | ||||||||
| Guam Government Waterworks Authority Rev., 5.00%, 7/1/36 | 1,755,000 | 1,810,188 | ||||||
| Guam Government Waterworks Authority Rev., 5.00%, 7/1/37 | 1,500,000 | 1,543,888 | ||||||
| Guam Government Waterworks Authority Rev., 5.00%, 1/1/50 | 1,750,000 | 1,782,038 | ||||||
| Port Authority of Guam Government Rev., 5.00%, 7/1/48 | 1,500,000 | 1,507,696 | ||||||
| 6,643,810 | ||||||||
| Puerto Rico — 0.4% | ||||||||
| Puerto Rico GO, 5.375%, 7/1/25 | 3,906,218 | 3,940,405 | ||||||
| Puerto Rico GO, 5.625%, 7/1/29 | 201,036 | 216,385 | ||||||
| Puerto Rico GO, 5.75%, 7/1/31 | 195,264 | 217,668 | ||||||
| Puerto Rico GO, 4.00%, 7/1/33 | 185,162 | 185,157 | ||||||
| Puerto Rico GO, 4.00%, 7/1/35 | 166,436 | 163,507 | ||||||
| Puerto Rico GO, 4.00%, 7/1/37 | 142,845 | 138,588 | ||||||
| Puerto Rico GO, 4.00%, 7/1/41 | 194,215 | 180,528 | ||||||
| Puerto Rico GO, 4.00%, 7/1/46 | 201,981 | 182,679 | ||||||
Puerto Rico GO, Capital Appreciation, 0.00%, 7/1/24(1) | 30,190 | 30,084 | ||||||
Puerto Rico GO, Capital Appreciation, 0.00%, 7/1/33(1) | 238,285 | 158,252 | ||||||
| Puerto Rico GO, VRN, 0.00%, 11/1/43 | 820,743 | 509,887 | ||||||
| 5,923,140 | ||||||||
TOTAL INVESTMENT SECURITIES — 99.0% (Cost $1,459,018,519) | 1,408,320,398 | |||||||
| OTHER ASSETS AND LIABILITIES — 1.0% | 13,762,237 | |||||||
| TOTAL NET ASSETS — 100.0% | $ | 1,422,082,635 | ||||||
| NOTES TO SCHEDULE OF INVESTMENTS | ||||||||
| AGC | – | Assured Guaranty Corp. | ||||||
| AGM | – | Assured Guaranty Municipal Corp. | ||||||
| BAM | – | Build America Mutual Assurance Corp. | ||||||
| BAM-TCRS | – | Build America Mutual Assurance Corp. - Transferrable Custodial Receipts | ||||||
| COP | – | Certificates of Participation | ||||||
| FNMA | – | Federal National Mortgage Association | ||||||
| GA | – | Guaranty Agreement | ||||||
| GO | – | General Obligation | ||||||
| MUNIPSA | – | SIFMA Municipal Swap Index | ||||||
| NPFG | – | National Public Finance Guarantee Corp. | ||||||
| SBBPA | – | Standby Bond Purchase Agreement | ||||||
| ST INTERCEPT | – | State Intercept | ||||||
| VRDN | – | Variable Rate Demand Note. The instrument may be payable upon demand and adjusts periodically based upon the terms set forth in the security's offering documents. The rate shown is effective at the period end and the reference rate and spread, if any, is indicated. The date of the demand feature is disclosed. | ||||||
| VRN | – | Variable Rate Note. The rate adjusts periodically based upon the terms set forth in the security’s offering documents. The rate shown is effective at the period end and the reference rate and spread, if any, is indicated. The security's effective maturity date may be shorter than the final maturity date shown. | ||||||
(1)Security is a zero-coupon bond. Zero-coupon securities may be issued at a substantial discount from their value at maturity.
(2)Security was purchased pursuant to Rule 144A or Section 4(2) under the Securities Act of 1933 and may be sold in transactions exempt from registration, normally to qualified institutional investors. The aggregate value of these securities at the period end was $304,013,213, which represented 21.4% of total net assets.
(3)When-issued security. The issue price and yield are fixed on the date of the commitment, but payment and delivery are scheduled for a future date.
(4)Escrowed to maturity in U.S. government securities or state and local government securities.
SUPPLEMENTARY NOTES TO SCHEDULE OF INVESTMENTS
1. Investment Valuations
The fund determines the fair value of its investments and computes its net asset value (NAV) per share at the close of regular trading (usually 4 p.m. Eastern time) on the New York Stock Exchange (NYSE) on each day the NYSE is open. The value of investments of the fund is determined by American Century Investment Management, Inc. (ACIM) (the investment advisor), as the valuation designee, pursuant to its valuation policies and procedures. The Board of Trustees oversees the valuation designee and reviews its valuation policies and procedures at least annually.
Fixed income securities are valued at the evaluated mean as provided by independent pricing services or at the mean of the most recent bid and asked prices as provided by investment dealers. Municipal securities are valued using market models that consider trade data, quotations from dealers and active market makers, relevant yield curve and spread data, creditworthiness, trade data or market information on comparable securities, and other relevant security specific information.
Exchange-traded futures contracts are valued at the settlement price as provided by the appropriate exchange.
If the valuation designee determines that the market price for a portfolio security is not readily available or is believed by the valuation designee to be unreliable, such security is valued at fair value as determined in good faith by the valuation designee, in accordance with its policies and procedures. Circumstances that may cause the fund to determine that market quotations are not available or reliable include, but are not limited to: when there is a significant event subsequent to the market quotation; trading in a security has been halted during the trading day; or trading in a security is insufficient or did not take place due to a closure or holiday.
The valuation designee monitors for significant events occurring after the close of an investment’s primary exchange but before the fund’s NAV per share is determined. Significant events may include, but are not limited to: corporate announcements and transactions; regulatory news, governmental action and political unrest that could impact a specific investment or an investment sector; or armed conflicts, natural disasters and similar events that could affect investments in a specific country or region.
2. Fair Value Measurements
The fund's investments valuation process is based on several considerations and may use multiple inputs to determine the fair value of the investments held by the fund. In conformity with accounting principles generally accepted in the United States of America, the inputs used to determine a valuation are classified into three broad levels.
•Level 1 valuation inputs consist of unadjusted quoted prices in an active market for identical investments.
•Level 2 valuation inputs consist of direct or indirect observable market data (including quoted prices for comparable investments, evaluations of subsequent market events, interest rates, prepayment speeds, credit risk, etc.). These inputs also consist of quoted prices for identical investments initially expressed in local currencies that are adjusted through translation into U.S. dollars.
•Level 3 valuation inputs consist of unobservable data (including a fund’s own assumptions).
The level classification is based on the lowest level input that is significant to the fair valuation measurement. The valuation inputs are not necessarily an indication of the risks associated with investing in these securities or other financial instruments.
As of period end, the fund’s investment securities were classified as Level 2. The Schedule of Investments provides additional information on the fund’s portfolio holdings.
This schedule of investments provides information about the fund’s portfolio holdings as of the date on the schedule. It is unaudited, and American Century Investments assumes no obligation to update or supplement the schedule to reflect subsequent changes. More information is available in the fund’s most recent annual or semiannual shareholder report.