Quarterly Holdings Report
for
Fidelity® California Municipal Income Fund
November 30, 2022
CFL-NPRT3-0123
1.810701.118
Municipal Bonds - 94.9% | |||
Principal Amount (a) (000s) | Value ($) (000s) | ||
California - 94.2% | |||
ABC Unified School District Series 1997 C: | |||
0% 8/1/31 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 2,810 | 2,089 | |
0% 8/1/32 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 3,900 | 2,778 | |
Anaheim Pub. Fing. Auth. Lease Rev. (Anaheim Pub. Impt. Proj.) Series 1997 A, 6% 9/1/24 (Assured Guaranty Muni. Corp. Insured) | 485 | 504 | |
Bay Area Toll Auth. San Francisco Bay Toll Bridge Rev. Bonds: | |||
Series 2018 A, 2.625%, tender 4/1/26 (b) | 3,000 | 2,939 | |
Series 2021 A, 2%, tender 4/1/28 (b) | 17,000 | 15,701 | |
Series B, 2.85%, tender 4/1/25 (b) | 6,890 | 6,826 | |
Series H, 2.125%, tender 4/1/25 (b) | 4,000 | 3,898 | |
Bay Area Wtr. Supply & Conservation Agcy. (Cap. Cost Recovery Prepayment Prog.) Series 2023 A: | |||
5% 10/1/23 (c) | 2,050 | 2,086 | |
5% 10/1/24 (c) | 2,000 | 2,079 | |
5% 10/1/25 (c) | 2,250 | 2,384 | |
5% 10/1/26 (c) | 2,250 | 2,428 | |
5% 10/1/27 (c) | 3,000 | 3,288 | |
5% 10/1/28 (c) | 3,000 | 3,342 | |
5% 10/1/29 (c) | 1,750 | 1,973 | |
California County Tobacco Securitization Agcy. Tobacco Settlement Asset-Backed Series 2020 A: | |||
5% 6/1/27 | 400 | 421 | |
5% 6/1/28 | 420 | 444 | |
5% 6/1/29 | 500 | 533 | |
5% 6/1/30 | 300 | 320 | |
5% 6/1/31 | 300 | 319 | |
5% 6/1/32 | 250 | 265 | |
5% 6/1/33 | 250 | 263 | |
California Edl. Facilities Auth. Rev.: | |||
(Pomona College Proj.) Series 2005 A, 0% 7/1/38 | 3,155 | 1,718 | |
(Santa Clara Univ. Proj.): | |||
Series 1999, 5.25% 9/1/26 (AMBAC Insured) | 7,910 | 8,437 | |
Series 2017 C: | |||
5% 4/1/30 | 650 | 720 | |
5% 4/1/31 | 890 | 985 | |
5% 4/1/33 | 1,245 | 1,366 | |
Series 2018 A: | |||
5% 10/1/34 | 760 | 819 | |
5% 10/1/36 | 840 | 896 | |
5% 10/1/38 | 620 | 658 | |
5% 10/1/42 | 4,000 | 4,179 | |
5% 10/1/46 | 6,235 | 6,439 | |
Series 2021 A: | |||
5% 4/1/29 | 400 | 446 | |
5% 4/1/30 | 425 | 477 | |
5% 4/1/31 | 460 | 521 | |
California Gen. Oblig.: | |||
Series 2002, 5% 10/1/32 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 10 | 10 | |
Series 2004: | |||
5.25% 4/1/27 | 5 | 5 | |
5.25% 4/1/29 | 5 | 5 | |
5.25% 12/1/33 | 105 | 105 | |
5.5% 4/1/28 | 5 | 5 | |
5.5% 4/1/30 | 25 | 25 | |
Series 2007: | |||
5.625% 5/1/26 | 120 | 120 | |
5.75% 5/1/30 | 90 | 90 | |
Series 2019, 5% 4/1/49 | 2,900 | 3,114 | |
Series 2020, 4% 11/1/39 | 4,955 | 5,070 | |
Series 2021: | |||
2.5% 12/1/49 | 1,350 | 920 | |
5% 12/1/46 | 1,500 | 1,646 | |
Series 2022: | |||
4% 9/1/42 | 10,000 | 10,172 | |
5% 9/1/42 | 7,000 | 7,886 | |
California Health Facilities Fing. Auth. Rev.: | |||
(Lucile Salter Packrd Chil Hosp. Proj.) Series 2017 A, 5% 11/15/42 | 1,750 | 1,811 | |
(Stanford Health Proj.) Series 2017 A: | |||
5% 11/15/35 | 3,405 | 3,678 | |
5% 11/15/36 | 5,000 | 5,384 | |
5% 11/15/37 | 3,000 | 3,220 | |
Bonds: | |||
(Providence St. Jospeh Health) Series 2016 B3, 2%, tender 10/1/25 (b) | 8,190 | 8,006 | |
Series 2019 B, 5%, tender 10/1/27 (b) | 7,700 | 8,420 | |
Series 2016 A, 3% 10/1/41 | 400 | 309 | |
Series 2017 A: | |||
4% 11/1/38 | 5,475 | 5,506 | |
5% 11/15/32 | 1,400 | 1,517 | |
Series 2018 A, 5% 11/15/27 | 500 | 548 | |
Series 2020 A: | |||
4% 4/1/35 | 2,000 | 1,960 | |
4% 4/1/49 | 14,510 | 13,064 | |
Series 2021 A, 4% 8/15/48 | 12,250 | 11,579 | |
California Hsg. Fin. Agcy.: | |||
Series 2019 A, 4% 3/20/33 | 6,677 | 6,481 | |
Series 2021 1, 3.5% 11/20/35 | 6,054 | 5,459 | |
California Infrastructure & Econ. Dev. Series 2019: | |||
5% 8/1/44 | 7,610 | 8,120 | |
5% 8/1/49 | 11,000 | 11,663 | |
California Infrastructure and Econ. Dev. Bank Rev.: | |||
Bonds (Los Angeles County Museum of Art Proj.) Series 2021 A, 1.2%, tender 6/1/28 (b) | 7,000 | 6,076 | |
Series 2020, 4% 7/1/50 | 7,125 | 6,675 | |
California Muni. Fin. Auth.: | |||
(Orange County Civic Ctr. Infrastructure Impt. Prog.) Series 2017 A: | |||
5% 6/1/32 | 2,750 | 2,989 | |
5% 6/1/33 | 2,320 | 2,514 | |
5% 6/1/34 | 5,290 | 5,707 | |
5% 6/1/35 | 5,110 | 5,488 | |
5% 6/1/36 | 5,830 | 6,240 | |
5% 6/1/37 | 3,000 | 3,200 | |
Series 2019 A, 2.65% 8/1/36 | 9,633 | 8,455 | |
California Muni. Fin. Auth. Ctfs. of Prtn. Series 2021, 5% 11/1/27 (d) | 11,850 | 12,485 | |
California Muni. Fin. Auth. Rev.: | |||
(Biola Univeristy, Inc. Proj.) Series 2017: | |||
5% 10/1/25 | 305 | 318 | |
5% 10/1/26 | 715 | 754 | |
5% 10/1/28 | 2,130 | 2,267 | |
5% 10/1/32 | 1,000 | 1,059 | |
(Channing House Proj.) Series 2017 A: | |||
4% 5/15/29 | 2,000 | 2,083 | |
4% 5/15/30 | 1,575 | 1,637 | |
4% 5/15/31 | 2,150 | 2,226 | |
4% 5/15/32 | 1,000 | 1,032 | |
5% 5/15/33 | 895 | 974 | |
5% 5/15/34 | 1,000 | 1,086 | |
(Institute On Aging Proj.) Series 2017: | |||
5% 8/15/27 | 230 | 252 | |
5% 8/15/29 | 245 | 269 | |
5% 8/15/30 | 225 | 247 | |
5% 8/15/33 | 750 | 819 | |
5% 8/15/36 | 1,435 | 1,554 | |
(Pomona College Proj.) Series 2017, 5% 1/1/33 (Pre-Refunded to 1/1/28 @ 100) | 500 | 557 | |
(Univ. of Verne Proj.) Series 2017 A: | |||
5% 6/1/27 | 1,000 | 1,089 | |
5% 6/1/28 | 1,000 | 1,088 | |
5% 6/1/30 | 1,555 | 1,671 | |
5% 6/1/32 | 1,000 | 1,072 | |
5% 6/1/33 | 1,000 | 1,064 | |
5% 6/1/35 | 1,000 | 1,056 | |
5% 6/1/43 | 3,750 | 3,878 | |
Series 2016 A, 5% 11/1/36 (d) | 1,000 | 1,012 | |
Series 2017 A: | |||
5% 7/1/29 | 575 | 608 | |
5% 7/1/31 | 1,000 | 1,051 | |
5% 7/1/32 | 1,400 | 1,466 | |
5% 7/1/33 | 1,000 | 1,043 | |
5% 7/1/34 | 1,395 | 1,450 | |
5% 7/1/35 | 1,500 | 1,549 | |
5% 7/1/36 | 1,500 | 1,540 | |
5% 7/1/37 | 1,250 | 1,280 | |
Series 2017 B: | �� | ||
5% 7/1/28 | 1,250 | 1,322 | |
5% 7/1/29 | 1,300 | 1,374 | |
5% 7/1/30 | 750 | 788 | |
5% 7/1/31 | 800 | 840 | |
5% 7/1/32 | 1,385 | 1,450 | |
Series 2017: | |||
5% 10/1/27 | 500 | 533 | |
5% 10/1/36 | 1,250 | 1,308 | |
5% 10/1/37 | 500 | 522 | |
5% 10/1/39 | 1,750 | 1,821 | |
Series 2018: | |||
5% 10/1/31 | 200 | 211 | |
5% 10/1/32 | 225 | 237 | |
5% 10/1/33 | 225 | 236 | |
5% 10/1/34 | 225 | 235 | |
5% 10/1/35 | 225 | 234 | |
5% 10/1/36 | 250 | 259 | |
5% 10/1/37 | 550 | 568 | |
5% 10/1/38 | 345 | 356 | |
Series 2019 A: | |||
5% 4/1/30 | 3,000 | 3,324 | |
5% 4/1/31 | 2,000 | 2,209 | |
5% 4/1/32 | 3,000 | 3,295 | |
5% 4/1/35 | 1,780 | 1,918 | |
5% 4/1/36 | 1,125 | 1,208 | |
5% 4/1/37 | 1,475 | 1,568 | |
5% 4/1/40 | 2,500 | 2,633 | |
5% 4/1/41 | 3,865 | 4,056 | |
Series 2019: | |||
5% 7/1/34 | 825 | 916 | |
5% 7/1/39 | 1,000 | 1,087 | |
5% 7/1/49 | 2,100 | 2,243 | |
Series 2021 A, 4% 2/1/51 | 7,500 | 6,695 | |
Series 2021: | |||
4% 10/1/33 | 250 | 242 | |
4% 10/1/34 | 420 | 402 | |
4% 10/1/37 | 160 | 149 | |
4% 10/1/46 | 960 | 840 | |
4% 10/1/51 | 1,150 | 979 | |
Series 2022, 5.25% 6/1/53 (c) | 7,500 | 8,027 | |
California Muni. Fin. Auth. Sr Living Series 2019: | |||
5% 11/15/39 | 1,155 | 1,139 | |
5% 11/15/49 | 2,500 | 2,386 | |
California Muni. Fin. Auth. Student Hsg.: | |||
(CHF Davis II, L.L.C. Orchard Park Student Hsg. Proj.) Series 2021, 4% 5/15/46 (Build America Mutual Assurance Insured) | 2,000 | 1,887 | |
(CHF-Davis I, LLC - West Village Student Hsg. Proj.) Series 2018: | |||
5% 5/15/26 | 4,210 | 4,340 | |
5% 5/15/27 | 4,635 | 4,805 | |
5% 5/15/34 | 10,000 | 10,222 | |
(CHF-Riverside I, LLC - UCR Dundee-Glasgow Student Hsg. Proj.) Series 2018: | |||
5% 5/15/33 | 1,345 | 1,374 | |
5% 5/15/35 | 1,955 | 1,983 | |
5% 5/15/36 | 1,500 | 1,517 | |
5% 5/15/43 | 1,500 | 1,479 | |
California Poll. Cont. Fing. Auth. Solid Waste Disp. Rev. Bonds (Waste Mgmt., Inc. Proj.) Series 2002 C, 3.25%, tender 6/3/24 (b)(e) | 7,500 | 7,393 | |
California Pub. Fin. Auth. Rev. Series 2021 A: | |||
4% 10/15/26 | 415 | 419 | |
4% 10/15/27 | 400 | 404 | |
4% 10/15/28 | 360 | 363 | |
California Pub. Fin. Auth. Univ. Hsg. Rev.: | |||
(Claremont Colleges Proj.) Series 2017 A, 5% 7/1/27 (d) | 1,160 | 990 | |
(NCCD - Claremont Properties LLC - Claremont Colleges Proj.) Series 2017 A, 5% 7/1/47 (d) | 1,500 | 1,083 | |
California Pub. Works Board Lease Rev. (Various Cap. Projs.): | |||
Series 2016 D, 4% 4/1/33 | 1,660 | 1,714 | |
Series 2022 C: | |||
4% 8/1/37 | 16,845 | 17,214 | |
5% 8/1/35 | 5,010 | 5,739 | |
5% 8/1/36 | 5,260 | 5,957 | |
California State Univ. Rev.: | |||
Bonds Series 2016 B1, 1.6%, tender 11/1/26 (b) | 5,000 | 4,631 | |
Series 2021 A, 3% 11/1/52 | 4,500 | 3,371 | |
California Statewide Cmntys. Dev. Auth.: | |||
Series 2016: | |||
5% 5/15/34 | 1,250 | 1,274 | |
5% 5/15/35 | 4,725 | 4,807 | |
5% 5/15/40 | 2,250 | 2,272 | |
Series 2017, 5% 5/15/47 | 1,000 | 1,000 | |
California Statewide Cmntys. Dev. Auth. Hosp. Rev. Series 2018: | |||
4.25% 1/1/43 | 2,760 | 2,588 | |
5% 1/1/33 | 1,625 | 1,701 | |
5% 1/1/38 | 6,240 | 6,417 | |
5% 1/1/43 | 9,300 | 9,457 | |
California Statewide Cmntys. Dev. Auth. Rev.: | |||
(Huntington Memorial Hosp. Proj.) Series 2018: | |||
5% 7/1/27 | 245 | 262 | |
5% 7/1/28 | 660 | 711 | |
5% 7/1/29 | 695 | 745 | |
5% 7/1/30 | 730 | 782 | |
5% 7/1/31 | 765 | 818 | |
5% 7/1/32 | 805 | 859 | |
5% 7/1/33 | 845 | 899 | |
5% 7/1/34 | 885 | 938 | |
5% 7/1/35 | 925 | 976 | |
5% 7/1/36 | 500 | 526 | |
5% 7/1/37 | 650 | 681 | |
5% 7/1/38 | 500 | 522 | |
5% 7/1/43 | 1,250 | 1,291 | |
5% 7/1/48 | 9,000 | 9,275 | |
(Lancer Edl. Student Hsg. Proj.) Series 2019 A: | |||
5% 6/1/34 (d) | 375 | 368 | |
5% 6/1/39 (d) | 475 | 453 | |
5% 6/1/51 (d) | 8,225 | 7,418 | |
(Viamonte Sr. Living 1 Proj.) Series 2018 B, 3% 7/1/27 | 3,000 | 3,003 | |
Series 2015: | |||
5% 2/1/35 | 1,975 | 1,621 | |
5% 2/1/45 | 4,440 | 3,272 | |
Series 2016: | |||
5% 10/1/26 | 1,125 | 1,186 | |
5% 10/1/27 | 2,360 | 2,488 | |
5% 10/1/28 | 1,230 | 1,290 | |
5% 10/1/29 | 675 | 705 | |
5% 10/1/30 | 1,100 | 1,147 | |
5% 10/1/33 | 1,850 | 1,919 | |
Series 2017 A, 5% 11/1/32 (d) | 1,135 | 1,163 | |
Series 2017, 5% 11/1/48 | 795 | 570 | |
Series 2018 A, 5% 3/1/42 | 7,500 | 7,705 | |
Series 2021 A: | |||
3% 4/1/46 | 9,810 | 6,977 | |
4% 4/1/38 | 2,625 | 2,540 | |
4% 4/1/39 | 2,250 | 2,166 | |
4% 4/1/40 | 2,500 | 2,391 | |
4% 4/1/41 | 1,885 | 1,797 | |
4% 4/1/46 | 2,500 | 2,328 | |
Carlsbad Unified School District Series 2017 A: | |||
4% 5/1/31 | 1,500 | 1,578 | |
4% 5/1/32 | 1,150 | 1,207 | |
4% 5/1/33 | 1,375 | 1,440 | |
4% 5/1/34 | 1,375 | 1,429 | |
Contra Costa Wtr. District Wtr. Rev. Series 2021 W, 5% 10/1/51 | 7,000 | 7,752 | |
Corona-Norco Unified School District Series 2013 A: | |||
5% 9/1/25 (Pre-Refunded to 9/1/23 @ 100) | 645 | 657 | |
5% 9/1/35 (Pre-Refunded to 9/1/23 @ 100) | 585 | 596 | |
Desert Cmnty. College District Series 2020, 2% 8/1/37 | 625 | 472 | |
Eastern Muni. Wtr. District Fing. Auth. Series 2020 A: | |||
5% 7/1/29 | 250 | 286 | |
5% 7/1/30 | 250 | 291 | |
El Camino Hosp. District Series 2006, 0% 8/1/27 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 1,425 | 1,231 | |
El Dorado Irr. Distr. Rev. Series 2016 C, 5% 3/1/36 (Pre-Refunded to 3/1/26 @ 100) | 330 | 355 | |
El Rancho Unified School District Series 2019 B, 3% 8/1/46 (Assured Guaranty Muni. Corp. Insured) | 1,000 | 767 | |
Elk Grove Fin. Auth. Spl. Tax Rev.: | |||
(Elk Grove Cfd Laguna Ridge Proj.) Series 2016, 5% 9/1/41 | 4,500 | 4,553 | |
Series 2015: | |||
5% 9/1/27 | 1,940 | 2,058 | |
5% 9/1/28 | 4,125 | 4,377 | |
5% 9/1/29 | 4,325 | 4,588 | |
5% 9/1/30 (Build America Mutual Assurance Insured) | 1,135 | 1,209 | |
5% 9/1/31 (Build America Mutual Assurance Insured) | 1,750 | 1,854 | |
5% 9/1/32 (Build America Mutual Assurance Insured) | 1,615 | 1,709 | |
Series 2016: | |||
5% 9/1/27 | 1,875 | 1,967 | |
5% 9/1/28 | 1,500 | 1,570 | |
5% 9/1/29 | 2,000 | 2,089 | |
5% 9/1/30 | 1,720 | 1,793 | |
5% 9/1/31 | 2,500 | 2,598 | |
Elk Grove Unified School District Spl. Tax (Cmnty. Facilities District #1 Proj.) Series 1995, 6.5% 12/1/24 (AMBAC Insured) | 1,765 | 1,827 | |
Empire Union School District Spl. Tax (Cmnty. Facilities District No. 1987 Proj.) Series 2002 A: | |||
0% 10/1/24 (AMBAC Insured) | 1,665 | 1,570 | |
0% 10/1/25 (AMBAC Insured) | 1,665 | 1,516 | |
Escondido Union High School District Series 2008 A: | |||
0% 8/1/33 (Assured Guaranty Corp. Insured) | 5,655 | 3,820 | |
0% 8/1/34 (Assured Guaranty Corp. Insured) | 3,500 | 2,246 | |
Fontana Unified School District Gen. Oblig. Series 2020, 2.375% 8/1/44 (Assured Guaranty Muni. Corp. Insured) | 5,500 | 3,839 | |
Foothill-De Anza Cmnty. College District Series 1999 B, 0% 8/1/24 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 5,000 | 4,780 | |
Foothill/Eastern Trans. Corridor Agcy. Toll Road Rev. Series 2015 A, 0% 1/15/33 (Assured Guaranty Muni. Corp. Insured) | 9,000 | 6,159 | |
Foster City Gen. Oblig. Series 2020, 3% 8/1/45 | 6,500 | 5,198 | |
Fresno Unified School District Series 2020 B: | |||
5% 8/1/34 | 100 | 114 | |
5% 8/1/35 | 175 | 197 | |
5% 8/1/36 | 235 | 262 | |
5% 8/1/37 | 150 | 166 | |
5% 8/1/38 | 300 | 330 | |
5% 8/1/39 | 350 | 384 | |
5% 8/1/40 | 400 | 437 | |
5% 8/1/41 | 435 | 473 | |
5% 8/1/42 | 500 | 543 | |
5% 8/1/46 | 2,500 | 2,695 | |
Fullerton Pub. Fing. Auth. Series 2021 A: | |||
4% 2/1/32 | 520 | 538 | |
4% 2/1/33 | 250 | 258 | |
4% 2/1/34 | 430 | 443 | |
4% 2/1/36 | 600 | 607 | |
4% 2/1/41 | 2,530 | 2,500 | |
4% 2/1/46 | 2,055 | 1,923 | |
4% 2/1/51 | 2,500 | 2,276 | |
Glendale Wtr. Rev. Series 2020, 2% 2/1/31 | 1,240 | 1,113 | |
Golden State Tobacco Securitization Corp. Tobacco Settlement Rev. Series 2005 A, 0% 6/1/27 (Escrowed to Maturity) | 6,790 | 5,974 | |
Grossmont-Cuyamaca Cmnty. College District Series 2021 C, 4% 8/1/46 | 4,250 | 4,129 | |
Hillsborough School District Series 2022 A, 4% 9/1/52 | 3,500 | 3,449 | |
Irvine Reassessment District 12-1 Ltd. Oblig.: | |||
Series 2012: | |||
5% 9/2/23 | 1,000 | 1,006 | |
5% 9/2/25 | 500 | 503 | |
Series 2013: | |||
5% 9/2/24 | 825 | 839 | |
5% 9/2/26 | 800 | 813 | |
Series 2019: | |||
4% 9/2/38 | 1,000 | 993 | |
4% 9/2/39 | 1,000 | 989 | |
5% 9/2/44 | 2,545 | 2,679 | |
Series 2021: | |||
4% 9/2/35 (Build America Mutual Assurance Insured) | 400 | 410 | |
4% 9/2/36 (Build America Mutual Assurance Insured) | 250 | 255 | |
4% 9/2/37 (Build America Mutual Assurance Insured) | 250 | 254 | |
4% 9/2/38 (Build America Mutual Assurance Insured) | 350 | 354 | |
4% 9/2/39 (Build America Mutual Assurance Insured) | 500 | 504 | |
4% 9/2/40 (Build America Mutual Assurance Insured) | 1,025 | 1,029 | |
4% 9/2/46 (Build America Mutual Assurance Insured) | 1,350 | 1,324 | |
Ladera Ranch Cmnty. Facilities District 2004-1 Series 2014 A: | |||
5% 8/15/27 | 1,765 | 1,786 | |
5% 8/15/28 | 1,960 | 1,983 | |
5% 8/15/29 | 4,225 | 4,275 | |
5% 8/15/30 | 4,555 | 4,609 | |
Lammersville Schools Fin. Auth. Series 2019, 3% 10/1/49 | 3,000 | 2,278 | |
Long Beach Cmnty. College Series 2008 A: | |||
0% 6/1/28 (Assured Guaranty Muni. Corp. Insured) | 2,995 | 2,507 | |
0% 6/1/31 (Assured Guaranty Muni. Corp. Insured) | 8,285 | 6,157 | |
Long Beach Hbr. Rev.: | |||
Series 2017 A: | |||
5% 5/15/26 (e) | 1,110 | 1,179 | |
5% 5/15/27 (e) | 2,000 | 2,147 | |
5% 5/15/29 (e) | 1,350 | 1,453 | |
5% 5/15/30 (e) | 1,300 | 1,399 | |
5% 5/15/31 (e) | 2,400 | 2,579 | |
5% 5/15/32 (e) | 1,760 | 1,887 | |
5% 5/15/33 (e) | 1,350 | 1,444 | |
5% 5/15/34 (e) | 1,650 | 1,761 | |
5% 5/15/35 (e) | 2,500 | 2,657 | |
5% 5/15/36 (e) | 3,000 | 3,175 | |
5% 5/15/37 (e) | 2,755 | 2,902 | |
Series 2019 A, 5% 5/15/44 | 10,000 | 10,806 | |
Long Beach Unified School District: | |||
Series 2009: | |||
5.25% 8/1/33 | 410 | 411 | |
5.75% 8/1/33 | 170 | 170 | |
Series 2019 F, 3% 8/1/47 | 7,750 | 6,079 | |
Los Angeles Cmnty. College District Series 2017 J, 4% 8/1/33 | 2,500 | 2,607 | |
Los Angeles County Pub. Works Fing. Auth. Lease Rev. Series 2022 G: | |||
5% 12/1/41 | 6,875 | 7,686 | |
5% 12/1/42 | 2,500 | 2,790 | |
Los Angeles Dept. Arpt. Rev.: | |||
Series 2015 A: | |||
5% 5/15/24 (e) | 795 | 817 | |
5% 5/15/25 (e) | 2,250 | 2,349 | |
5% 5/15/26 (e) | 1,715 | 1,787 | |
5% 5/15/27 (e) | 1,250 | 1,302 | |
5% 5/15/28 (e) | 1,260 | 1,308 | |
5% 5/15/29 (e) | 1,575 | 1,632 | |
5% 5/15/30 (e) | 1,400 | 1,449 | |
Series 2015 D: | |||
5% 5/15/26 (e) | 1,100 | 1,146 | |
5% 5/15/28 (e) | 1,950 | 2,024 | |
5% 5/15/29 (e) | 2,550 | 2,642 | |
5% 5/15/30 (e) | 2,000 | 2,070 | |
5% 5/15/31 (e) | 2,540 | 2,627 | |
5% 5/15/41 (e) | 3,240 | 3,294 | |
Series 2016 B: | |||
5% 5/15/26 (e) | 1,600 | 1,688 | |
5% 5/15/27 (e) | 1,000 | 1,054 | |
5% 5/15/36 (e) | 3,600 | 3,718 | |
5% 5/15/41 (e) | 3,750 | 3,829 | |
Series 2017 B, 5% 5/15/25 (e) | 1,750 | 1,825 | |
Series 2018 B, 5% 5/15/31 (e) | 7,350 | 7,881 | |
Series 2018 D, 5% 5/15/48 (e) | 2,000 | 2,052 | |
Series 2018, 5% 5/15/43 (e) | 10,000 | 10,338 | |
Series 2019 A, 5% 5/15/49 (e) | 4,950 | 5,076 | |
Series 2019 D, 5% 5/15/49 (e) | 5,625 | 5,758 | |
Series 2021 D, 5% 5/15/35 (e) | 5,000 | 5,409 | |
Series A: | |||
5% 5/15/30 (e) | 700 | 741 | |
5% 5/15/51 (e) | 12,270 | 12,637 | |
Series B, 5% 5/15/48 | 6,200 | 6,721 | |
Series F: | |||
4% 5/15/49 (e) | 5,000 | 4,529 | |
5% 5/15/30 (e) | 2,480 | 2,685 | |
5% 5/15/34 (e) | 950 | 1,014 | |
5% 5/15/44 (e) | 13,685 | 14,118 | |
Los Angeles Dept. of Wtr. & Pwr. Rev. Series 2016 B, 5% 7/1/42 | 4,595 | 4,807 | |
Los Angeles Dept. of Wtr. & Pwr. Wtrwks. Rev. Series 2020 A: | |||
5% 7/1/47 | 3,030 | 3,299 | |
5% 7/1/50 | 1,255 | 1,358 | |
Los Angeles Muni. Impt. Corp. Lease Rev.: | |||
Series 2014 A: | |||
5% 5/1/24 (Escrowed to Maturity) | 325 | 336 | |
5% 5/1/25 (Pre-Refunded to 5/1/24 @ 100) | 540 | 558 | |
5% 5/1/29 (Pre-Refunded to 5/1/24 @ 100) | 500 | 517 | |
Series 2014 B: | |||
5% 5/1/24 (Escrowed to Maturity) | 200 | 207 | |
5% 5/1/25 (Pre-Refunded to 5/1/24 @ 100) | 225 | 232 | |
5% 5/1/29 (Pre-Refunded to 5/1/24 @ 100) | 500 | 517 | |
5% 5/1/30 (Pre-Refunded to 5/1/24 @ 100) | 400 | 413 | |
5% 5/1/31 (Pre-Refunded to 5/1/24 @ 100) | 400 | 413 | |
Series 2016 B, 5% 11/1/36 | 1,500 | 1,598 | |
Los Angeles Unified School District Series 2020 C, 3% 7/1/35 | 4,000 | 3,651 | |
Manhattan Beach Unified School District Series 2020 B, 4% 9/1/45 | 3,500 | 3,484 | |
Middle Fork Proj. Fin. Auth. Series 2020: | |||
5% 4/1/27 | 190 | 201 | |
5% 4/1/28 | 3,350 | 3,576 | |
Miracosta Cmnty. Clg District Series 2016 B, 2% 8/1/40 | 1,050 | 724 | |
Modesto Elementary School District, Stanislaus County Series A, 0% 8/1/25 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 2,800 | 2,580 | |
Modesto Gen. Oblig. Ctfs. of Prtn.: | |||
(Cmnty. Ctr. Refing. Proj.) Series A, 5% 11/1/23 (AMBAC Insured) | 325 | 326 | |
(Golf Course Refing. Proj.) Series B, 5% 11/1/23 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 210 | 209 | |
Modesto Irrigation District Fing. Auth. Series 2019 A, 5% 10/1/39 | 1,500 | 1,616 | |
Monrovia Unified School District Series B, 0% 8/1/33 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 2,625 | 1,803 | |
Montebello Pub. Fing. Auth. (Montebello Home2 Suites by Hilton Hotel Proj.) Series 2016 A: | |||
5% 6/1/30 | 1,640 | 1,742 | |
5% 6/1/31 | 500 | 530 | |
5% 6/1/32 | 500 | 529 | |
5% 6/1/33 | 1,800 | 1,903 | |
5% 6/1/34 | 1,345 | 1,419 | |
5% 6/1/35 | 1,895 | 1,994 | |
5% 6/1/36 | 2,000 | 2,098 | |
5% 6/1/41 | 6,155 | 6,404 | |
Moreland School District Series 2003 B, 0% 8/1/27 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 1,485 | 1,288 | |
Mount Diablo Unified School District Series 2022 B: | |||
4% 8/1/35 | 4,000 | 4,137 | |
4% 8/1/36 | 3,650 | 3,758 | |
4% 6/1/37 | 1,625 | 1,665 | |
Mount San Antonio Cmnty. College Series 2021 C, 2% 8/1/39 | 3,670 | 2,679 | |
Muroc Jt Unified School District Series 2016 B, 5.25% 8/1/47 | 4,375 | 4,710 | |
Murrieta Valley Unified School District: | |||
Series 2008, 0% 9/1/32 (Assured Guaranty Muni. Corp. Insured) | 5,000 | 3,519 | |
Series 2015: | |||
4% 9/1/24 (Assured Guaranty Muni. Corp. Insured) | 330 | 338 | |
5% 9/1/25 (Assured Guaranty Muni. Corp. Insured) | 680 | 716 | |
5% 9/1/26 (Assured Guaranty Muni. Corp. Insured) | 1,500 | 1,579 | |
5% 9/1/26 (Pre-Refunded to 3/1/25 @ 100) | 500 | 527 | |
5% 9/1/27 (Pre-Refunded to 3/1/25 @ 100) | 455 | 479 | |
North City West School Facilities Fing. Auth. Spl. Tax Series 2005 B, 5.25% 9/1/23 (AMBAC Insured) | 1,530 | 1,558 | |
Northern California Energy Auth. Bonds Series 2018, 4%, tender 7/1/24 (b) | 10,250 | 10,284 | |
Northern California Transmission Agcy. Rev. Series 2016 A: | |||
5% 5/1/36 | 2,390 | 2,542 | |
5% 5/1/38 | 2,265 | 2,400 | |
5% 5/1/39 | 1,500 | 1,586 | |
Norwalk-Mirada Unified School District Series 2009 D, 0% 8/1/33 (Assured Guaranty Muni. Corp. Insured) | 5,755 | 3,880 | |
Novato Unified School District Series 2020 C, 2% 8/1/39 | 4,645 | 3,250 | |
Oakland Gen. Oblig. Series 2015 A: | |||
5% 1/15/30 | 1,665 | 1,764 | |
5% 1/15/31 | 1,520 | 1,610 | |
Oakland Unified School District Alameda County: | |||
Series 2015 A: | |||
5% 8/1/30 | 1,250 | 1,320 | |
5% 8/1/30 (Assured Guaranty Muni. Corp. Insured) | 1,570 | 1,661 | |
Series 2016 A, 3% 8/1/41 | 1,255 | 1,017 | |
Oceanside Unified School District Series A, 0% 8/1/31 (Assured Guaranty Corp. Insured) | 5,000 | 3,701 | |
Ontario Int'l. Arpt. Auth.: | |||
Series 2021 A, 5% 5/15/46 (Assured Guaranty Muni. Corp. Insured) | 4,315 | 4,515 | |
Series 2021 B: | |||
4% 5/15/35 (Assured Guaranty Muni. Corp. Insured) (e) | 1,120 | 1,097 | |
4% 5/15/36 (Assured Guaranty Muni. Corp. Insured) (e) | 775 | 753 | |
4% 5/15/37 (Assured Guaranty Muni. Corp. Insured) (e) | 1,700 | 1,636 | |
4% 5/15/38 (Assured Guaranty Muni. Corp. Insured) (e) | 800 | 764 | |
4% 5/15/39 (Assured Guaranty Muni. Corp. Insured) (e) | 555 | 528 | |
4% 5/15/40 (Assured Guaranty Muni. Corp. Insured) (e) | 685 | 643 | |
Orange County San District Waste Series 2016 A: | |||
5% 2/1/35 | 5,490 | 5,855 | |
5% 2/1/36 | 6,630 | 7,053 | |
Oxnard Union High School District Gen. Oblig. Series B, 5% 8/1/45 | 5,000 | 5,353 | |
Palm Springs Unified School District Series 2016 A, 1.5% 8/1/32 (Assured Guaranty Muni. Corp. Insured) | 2,360 | 1,899 | |
Palmdale Elementary School District Spl. Tax Series 2017 A, 5% 8/1/41 (Assured Guaranty Muni. Corp. Insured) | 1,275 | 1,351 | |
Palomar Cmnty. College District Series 2017, 5% 8/1/35 | 1,410 | 1,537 | |
Palomar Health Rev.: | |||
Series 2016, 5% 11/1/36 | 12,970 | 13,193 | |
Series 2017, 5% 11/1/42 | 3,000 | 3,019 | |
Palomar Pomerado Health Series 2004 A, 0% 8/1/26 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 4,870 | 4,263 | |
Perris Union High School District Series 2021 C, 3% 9/1/45 | 2,000 | 1,570 | |
Pomona Calif Wtsw Rev. (Wtr. Facilities Proj.) Series 2017, 4% 5/1/37 | 4,335 | 4,384 | |
Pomona Unified School District Series 2016 D: | |||
2.375% 8/1/45 (Assured Guaranty Muni. Corp. Insured) | 8,510 | 5,852 | |
2.5% 8/1/48 (Assured Guaranty Muni. Corp. Insured) | 10,000 | 6,789 | |
Port of Oakland Rev.: | |||
Series 2017 D: | |||
5% 11/1/25 (e) | 5,135 | 5,390 | |
5% 11/1/26 (e) | 2,285 | 2,424 | |
5% 11/1/27 (e) | 4,000 | 4,293 | |
5% 11/1/28 (e) | 4,925 | 5,272 | |
5% 11/1/29 (e) | 4,200 | 4,502 | |
Series 2021 H, 5% 5/1/28 (e) | 2,125 | 2,290 | |
Poway California Redev. Agcy. Successor Series A: | |||
5% 6/15/27 | 2,385 | 2,603 | |
5% 6/15/28 | 2,190 | 2,325 | |
5% 12/15/28 | 2,200 | 2,335 | |
5% 12/15/29 | 4,825 | 5,120 | |
5% 12/15/30 | 3,500 | 4,019 | |
Poway Unified School District: | |||
(District #2007-1 School Facilities Proj.) Series 2008 A, 0% 8/1/32 | 13,070 | 9,248 | |
Series 2011, 0% 8/1/46 | 10,150 | 3,302 | |
Series B: | |||
0% 8/1/33 | 4,955 | 3,351 | |
0% 8/1/35 | 9,000 | 5,489 | |
0% 8/1/37 | 6,325 | 3,477 | |
0% 8/1/38 | 3,200 | 1,669 | |
0% 8/1/41 | 5,130 | 2,263 | |
Poway Unified School District Pub. Fing.: | |||
Series 2013, 5% 9/15/26 (Pre-Refunded to 9/15/23 @ 100) | 930 | 948 | |
Series 2015 A: | |||
5% 9/1/30 | 1,495 | 1,545 | |
5% 9/1/31 | 1,260 | 1,301 | |
5% 9/1/32 | 1,795 | 1,851 | |
5% 9/1/33 | 2,740 | 2,821 | |
5% 9/1/34 | 1,225 | 1,259 | |
5% 9/1/35 | 1,580 | 1,621 | |
5% 9/1/36 | 3,395 | 3,477 | |
Rancho Cucamonga Redev. Agcy. (Rancho Redev. Proj.) Series 2014: | |||
5% 9/1/26 (Assured Guaranty Muni. Corp. Insured) | 1,350 | 1,400 | |
5% 9/1/27 (Assured Guaranty Muni. Corp. Insured) | 1,700 | 1,763 | |
5% 9/1/28 (Assured Guaranty Muni. Corp. Insured) | 1,700 | 1,762 | |
5% 9/1/29 (Assured Guaranty Muni. Corp. Insured) | 1,850 | 1,917 | |
Richmond Wastewtr. Rev. Series 2019 A: | |||
5% 8/1/39 | 390 | 428 | |
5% 8/1/44 | 2,135 | 2,303 | |
Riverside County Trans. Commission Toll Rev. Series 2021 B1, 4% 6/1/46 | 6,400 | 5,906 | |
Riverside Elec. Rev. Series 2019 A, 5% 10/1/43 | 3,840 | 4,171 | |
Riverside Swr. Rev. Series 2015 A, 5% 8/1/26 | 1,710 | 1,815 | |
Rocklin Unified School District Series 2002: | |||
0% 8/1/24 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 6,370 | 6,074 | |
0% 8/1/25 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 6,725 | 6,213 | |
0% 8/1/26 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 5,365 | 4,792 | |
0% 8/1/27 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 6,500 | 5,606 | |
Roseville City School District Series 2002 A: | |||
0% 8/1/25 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 1,745 | 1,600 | |
0% 8/1/27 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 1,940 | 1,655 | |
Sacramento City Fing. Auth. Rev. Series A, 0% 12/1/26 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 6,000 | 5,259 | |
Sacramento City Unified School District: | |||
Series 2007, 0% 7/1/28 (Assured Guaranty Muni. Corp. Insured) | 1,450 | 1,199 | |
Series 2021 G: | |||
4% 8/1/44 (Assured Guaranty Muni. Corp. Insured) | 2,250 | 2,202 | |
4% 8/1/49 (Assured Guaranty Muni. Corp. Insured) | 4,000 | 3,849 | |
Series 2022 A: | |||
5% 8/1/41 | 1,870 | 2,054 | |
5.5% 8/1/47 | 2,500 | 2,807 | |
Sacramento County Arpt. Sys. Rev.: | |||
Series 2016 B: | |||
5% 7/1/35 | 790 | 835 | |
5% 7/1/36 | 2,000 | 2,102 | |
Series 2018 C: | |||
5% 7/1/31 (e) | 2,110 | 2,238 | |
5% 7/1/32 (e) | 1,590 | 1,683 | |
5% 7/1/34 (e) | 4,000 | 4,202 | |
5% 7/1/35 (e) | 5,000 | 5,221 | |
5% 7/1/36 (e) | 7,500 | 7,808 | |
Series 2018 E: | |||
5% 7/1/33 | 1,315 | 1,440 | |
5% 7/1/34 | 1,000 | 1,090 | |
5% 7/1/35 | 1,270 | 1,378 | |
Sacramento Muni. Util. District Elec. Rev. Series 2016 D, 5% 8/15/28 | 2,500 | 2,803 | |
Sacramento TOT Rev. Series A: | |||
5% 6/1/34 | 700 | 759 | |
5% 6/1/35 | 2,065 | 2,226 | |
5% 6/1/36 | 2,215 | 2,373 | |
5% 6/1/37 | 2,405 | 2,569 | |
5% 6/1/38 | 1,240 | 1,318 | |
5% 6/1/43 | 7,165 | 7,540 | |
San Bernardino County Ctfs. of Prtn. (Cap. Facilities Proj.) Series B, 6.875% 8/1/24 (Escrowed to Maturity) | 3,665 | 3,910 | |
San Bernardino Unified School District Gen. Oblig. Series 2013 A, 5% 8/1/24 (Escrowed to Maturity) | 1,250 | 1,271 | |
San Diego Assoc. of Governments (Mid-Coast Corridor Transit Proj.) Series 2019 A, 1.8% 11/15/27 | 7,505 | 6,921 | |
San Diego California Assn. Govts. South Bay (South Bay Expressway Proj.) Series 2017 A: | |||
5% 7/1/29 | 1,660 | 1,807 | |
5% 7/1/31 | 2,000 | 2,174 | |
5% 7/1/33 | 1,735 | 1,878 | |
5% 7/1/34 | 1,380 | 1,488 | |
5% 7/1/35 | 1,500 | 1,612 | |
5% 7/1/36 | 1,980 | 2,122 | |
5% 7/1/38 | 2,000 | 2,136 | |
5% 7/1/42 | 5,000 | 5,321 | |
San Diego County Reg'l. Arpt. Auth. Arpt. Rev.: | |||
(Sub Lien Proj.): | |||
Series 2017 B: | |||
5% 7/1/24 (e) | 1,000 | 1,026 | |
5% 7/1/25 (e) | 515 | 535 | |
5% 7/1/27 (e) | 500 | 530 | |
5% 7/1/28 (e) | 1,000 | 1,058 | |
5% 7/1/29 (e) | 1,725 | 1,819 | |
5% 7/1/30 (e) | 2,915 | 3,066 | |
5% 7/1/31 (e) | 1,250 | 1,313 | |
5% 7/1/32 (e) | 1,300 | 1,363 | |
5% 7/1/33 (e) | 1,330 | 1,392 | |
5% 7/1/34 (e) | 1,000 | 1,042 | |
5% 7/1/36 (e) | 1,500 | 1,552 | |
5% 7/1/37 (e) | 750 | 774 | |
5% 7/1/47 (e) | 5,250 | 5,317 | |
Series A, 5% 7/1/26 (e) | 690 | 723 | |
Series 2017A, 5% 7/1/42 | 5,810 | 6,012 | |
Series 2019 B: | |||
5% 7/1/28 (e) | 820 | 872 | |
5% 7/1/49 (e) | 5,050 | 5,123 | |
Series 2020 B: | |||
5% 7/1/29 | 2,720 | 3,064 | |
5% 7/1/30 | 2,550 | 2,911 | |
Series 2020 C, 5% 7/1/23 (e) | 585 | 591 | |
San Diego Pub. Facilities Fing. Auth. Lease Rev.: | |||
Series 2015 A, 5% 10/15/44 | 4,005 | 4,168 | |
Series 2016: | |||
5% 10/15/29 | 2,000 | 2,127 | |
5% 10/15/30 | 1,000 | 1,063 | |
5% 10/15/31 | 650 | 690 | |
San Diego Unified School District: | |||
(Convention Ctr. Proj.) Series 2012, 0% 7/1/45 | 4,770 | 1,766 | |
Series 2008 C, 0% 7/1/37 | 1,300 | 737 | |
Series 2008 E, 0% 7/1/47 (f) | 8,700 | 6,280 | |
San Francisco Bay Area Rapid Transit District Sales Tax Rev. Series 2019 A: | |||
4% 7/1/38 | 3,040 | 3,066 | |
4% 7/1/39 | 2,075 | 2,084 | |
San Francisco City & County Arpts. Commission Int'l. Arpt. Rev.: | |||
Series 2014 A, 5% 5/1/40 (e) | 1,865 | 1,876 | |
Series 2016 A: | |||
5% 5/1/28 | 2,280 | 2,444 | |
5% 5/1/29 | 1,225 | 1,312 | |
5% 5/1/30 | 330 | 353 | |
5% 5/1/32 | 1,000 | 1,064 | |
Series 2016 B: | |||
5% 5/1/41 (e) | 9,695 | 9,883 | |
5% 5/1/46 (e) | 23,000 | 23,283 | |
Series 2017 A, 5% 5/1/42 (e) | 3,205 | 3,280 | |
Series 2017 D, 5% 5/1/25 (e) | 2,250 | 2,333 | |
Series 2018 D, 5% 5/1/43 (e) | 1,000 | 1,024 | |
Series 2019 A: | |||
5% 5/1/36 (e) | 10,000 | 10,521 | |
5% 5/1/37 (e) | 5,595 | 5,863 | |
5% 1/1/47 (e) | 6,005 | 6,125 | |
5% 5/1/49 (e) | 12,645 | 12,887 | |
Series 2019 B, 5% 5/1/49 | 5,000 | 5,183 | |
Series 2019 E, 5% 5/1/50 (e) | 7,000 | 7,129 | |
Series 2022 A: | |||
5% 5/1/26 (e) | 5,000 | 5,253 | |
5% 5/1/52 (e) | 14,500 | 14,832 | |
San Francisco City & County Redev. Spl. Tax (Mission Bay South Pub. Impt. Proj.) Series 2013 A: | |||
5% 8/1/23 | 1,000 | 1,001 | |
5% 8/1/24 | 750 | 751 | |
San Jacinto Unified School District Series 2014: | |||
5% 8/1/25 (Assured Guaranty Muni. Corp. Insured) | 875 | 908 | |
5% 8/1/26 (Assured Guaranty Muni. Corp. Insured) | 1,055 | 1,094 | |
5% 8/1/28 (Assured Guaranty Muni. Corp. Insured) | 1,250 | 1,296 | |
5% 8/1/29 (Assured Guaranty Muni. Corp. Insured) | 3,150 | 3,266 | |
5% 8/1/30 (Assured Guaranty Muni. Corp. Insured) | 4,070 | 4,217 | |
5% 8/1/31 (Assured Guaranty Muni. Corp. Insured) | 650 | 673 | |
San Joaquin Hills Trans. Corridor Agcy. Toll Road Rev. Series 1993, 0% 1/1/27 (Escrowed to Maturity) | 4,000 | 3,555 | |
San Jose Int. Arpt. Rev.: | |||
Series 2017 A: | |||
5% 3/1/27 (e) | 2,480 | 2,617 | |
5% 3/1/29 (e) | 735 | 772 | |
5% 3/1/31 (e) | 1,100 | 1,152 | |
5% 3/1/32 (e) | 850 | 889 | |
5% 3/1/33 (e) | 1,095 | 1,143 | |
5% 3/1/34 (e) | 1,250 | 1,301 | |
5% 3/1/35 (e) | 3,475 | 3,597 | |
5% 3/1/36 (e) | 2,250 | 2,319 | |
5% 3/1/37 (e) | 2,250 | 2,315 | |
5% 3/1/41 (e) | 10,235 | 10,437 | |
Series 2017 B: | |||
5% 3/1/29 | 200 | 217 | |
5% 3/1/30 | 250 | 271 | |
5% 3/1/32 | 235 | 253 | |
5% 3/1/33 | 250 | 269 | |
5% 3/1/34 | 500 | 536 | |
5% 3/1/37 | 3,000 | 3,159 | |
Series 2021 A: | |||
4% 3/1/34 (e) | 2,000 | 2,014 | |
5% 3/1/24 (e) | 1,000 | 1,021 | |
5% 3/1/25 (e) | 500 | 517 | |
5% 3/1/26 (e) | 1,550 | 1,618 | |
5% 3/1/27 (e) | 750 | 791 | |
5% 3/1/28 (e) | 1,270 | 1,353 | |
5% 3/1/29 (e) | 1,000 | 1,072 | |
5% 3/1/30 (e) | 1,275 | 1,375 | |
5% 3/1/31 (e) | 1,600 | 1,738 | |
5% 3/1/32 (e) | 2,000 | 2,166 | |
5% 3/1/33 (e) | 1,500 | 1,619 | |
San Juan Unified School District Series 2020, 2.25% 8/1/39 | 2,000 | 1,443 | |
San Marcos Redev. Agcy. Successor Series 2015 A: | |||
5% 10/1/29 | 675 | 714 | |
5% 10/1/30 | 2,000 | 2,114 | |
5% 10/1/31 | 2,310 | 2,439 | |
San Marcos Unified School District Series 2010 B: | |||
0% 8/1/35 | 3,675 | 2,247 | |
0% 8/1/37 | 1,900 | 1,047 | |
0% 8/1/47 | 9,000 | 2,997 | |
San Mateo County Cmnty. College District Series 2019: | |||
5% 9/1/36 | 1,000 | 1,116 | |
5% 9/1/37 | 1,000 | 1,111 | |
5% 9/1/38 | 760 | 840 | |
5% 9/1/39 | 1,000 | 1,102 | |
5% 9/1/40 | 1,100 | 1,207 | |
San Mateo County Joint Powers Fing. Auth. Series 2021 A1, 2.5% 6/15/55 | 5,000 | 3,157 | |
San Mateo Foster City (Clean Wtr. Prog.) Series 2019, 5% 8/1/49 | 8,000 | 8,628 | |
San Mateo Unified School District: | |||
(Election of 2000 Proj.) Series B: | |||
0% 9/1/25 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 1,490 | 1,369 | |
0% 9/1/26 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 1,500 | 1,332 | |
Series 2020 A, 2.25% 9/1/42 | 3,000 | 2,162 | |
San Pablo Redev. Agcy. Series 2014 A: | |||
5% 6/15/25 (Assured Guaranty Muni. Corp. Insured) | 825 | 853 | |
5% 6/15/26 (Assured Guaranty Muni. Corp. Insured) | 860 | 890 | |
5% 6/15/27 (Assured Guaranty Muni. Corp. Insured) | 1,770 | 1,830 | |
5% 6/15/28 (Assured Guaranty Muni. Corp. Insured) | 1,865 | 1,927 | |
5% 6/15/29 (Assured Guaranty Muni. Corp. Insured) | 1,780 | 1,840 | |
5% 6/15/30 (Assured Guaranty Muni. Corp. Insured) | 1,150 | 1,189 | |
5% 6/15/31 (Assured Guaranty Muni. Corp. Insured) | 1,000 | 1,035 | |
Sanger Unified School District: | |||
Series 1999, 5.6% 8/1/23 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 75 | 75 | |
Series 2018 C, 3% 8/1/48 | 2,785 | 2,163 | |
Santa Barbara Fing. Auth. (Arpt. Proj.) Series 2019: | |||
5% 4/1/30 | 1,000 | 1,133 | |
5% 4/1/32 | 1,365 | 1,532 | |
5% 4/1/34 | 1,000 | 1,107 | |
5% 4/1/36 | 2,135 | 2,326 | |
5% 4/1/37 | 1,000 | 1,085 | |
5% 4/1/38 | 845 | 914 | |
Santa Clara County Fing. Auth. Lease Rev.: | |||
Series 2019 A, 3% 5/1/41 | 2,000 | 1,645 | |
Series 2021 A, 3% 5/1/39 | 1,250 | 1,053 | |
Santa Clarita Cmnty. College District Series 2019, 3% 8/1/49 | 2,000 | 1,545 | |
Santa Monica Pub. Fin. Rev.: | |||
(City Svcs. Bldg. Proj.) Series 2017: | |||
4% 7/1/39 | 790 | 796 | |
5% 7/1/36 | 2,380 | 2,579 | |
5% 7/1/37 | 1,780 | 1,920 | |
(Downtown Fire Station Proj.) Series 2018, 5% 7/1/42 | 1,250 | 1,335 | |
Santa Monica-Malibu Unified School District Series 2017 C: | |||
4% 7/1/36 | 435 | 447 | |
4% 7/1/37 | 475 | 485 | |
4% 7/1/38 | 450 | 457 | |
4% 7/1/39 | 550 | 556 | |
5% 7/1/30 | 250 | 276 | |
5% 7/1/31 | 350 | 385 | |
5% 7/1/32 | 255 | 280 | |
5% 7/1/33 | 250 | 274 | |
5% 7/1/34 | 315 | 344 | |
5% 7/1/35 | 400 | 435 | |
Santa Rosa Wastewtr. Rev. Series 2002 B, 0% 9/1/25 (AMBAC Insured) | 6,800 | 6,278 | |
Shasta Union High School District: | |||
Series 2002, 0% 8/1/26 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 1,000 | 892 | |
Series 2003, 0% 5/1/28 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 3,340 | 2,795 | |
South Bayside Waste Mgmt. Auth.: | |||
Series 2019 A: | |||
5% 9/1/42 (Assured Guaranty Muni. Corp. Insured) | 1,255 | 1,350 | |
5% 9/1/42 (Pre-Refunded to 9/1/29 @ 100) | 45 | 51 | |
Series 2019 B: | |||
5% 9/1/24 (e) | 425 | 440 | |
5% 9/1/24 (Escrowed to Maturity) (e) | 15 | 16 | |
South Orange County Pub. Fin. Auth. Series 2016: | |||
5% 4/1/34 | 2,000 | 2,139 | |
5% 4/1/36 | 3,000 | 3,191 | |
South Orange County Pub. Fing. Auth. Spl. Tax Rev. Series 2014 A: | |||
5% 8/15/26 | 1,975 | 1,998 | |
5% 8/15/27 | 700 | 708 | |
5% 8/15/28 | 1,000 | 1,011 | |
South San Francisco Pub. Fing. Auth. (Cmnty. Civic Campus And Multiple Cap. Projs.) Series 2021 A, 4% 6/1/46 | 5,000 | 4,904 | |
Southern California Pub. Pwr. Auth. Rev. Bonds Series 2020 C, 0.65%, tender 7/1/25 (b) | 10,000 | 9,321 | |
Southwestern Cmnty. College District Gen. Oblig.: | |||
Series 2000, 0% 8/1/27 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 2,495 | 2,154 | |
Series 2004, 0% 8/1/28 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 2,500 | 2,084 | |
Stockton Pub. Fing. Auth. Wtr. Rev. Series 2018 A: | |||
4% 10/1/37 | 2,000 | 2,014 | |
5% 10/1/35 | 1,000 | 1,093 | |
5% 10/1/36 | 1,585 | 1,726 | |
Stockton Unified School District Gen. Oblig.: | |||
Series 2012 A: | |||
5% 8/1/24 (Assured Guaranty Muni. Corp. Insured) | 300 | 311 | |
5% 8/1/25 (Assured Guaranty Muni. Corp. Insured) | 750 | 777 | |
5% 8/1/27 (Assured Guaranty Muni. Corp. Insured) | 265 | 274 | |
5% 8/1/28 (Assured Guaranty Muni. Corp. Insured) | 510 | 528 | |
Series 2012: | |||
5% 7/1/25 (Assured Guaranty Muni. Corp. Insured) | 1,060 | 1,062 | |
5% 7/1/26 (Assured Guaranty Muni. Corp. Insured) | 1,110 | 1,112 | |
5% 7/1/27 (Assured Guaranty Muni. Corp. Insured) | 1,065 | 1,067 | |
5% 1/1/29 (Assured Guaranty Muni. Corp. Insured) | 600 | 601 | |
Successor Agcy. to the Redev. Agcy. of Pittsburg (Los Medanos Cmnty. Dev. Proj.) Series 2016 A: | |||
5% 9/1/24 (Assured Guaranty Muni. Corp. Insured) | 2,440 | 2,525 | |
5% 9/1/25 (Assured Guaranty Muni. Corp. Insured) | 3,500 | 3,670 | |
5% 9/1/26 (Assured Guaranty Muni. Corp. Insured) | 3,000 | 3,193 | |
5% 9/1/27 (Assured Guaranty Muni. Corp. Insured) | 4,380 | 4,672 | |
5% 9/1/28 (Assured Guaranty Muni. Corp. Insured) | 3,500 | 3,744 | |
5% 9/1/29 (Assured Guaranty Muni. Corp. Insured) | 2,000 | 2,142 | |
Tobacco Securitization Auth. Southern California Tobacco Settlement Series 2019 A1: | |||
5% 6/1/24 | 1,000 | 1,020 | |
5% 6/1/26 | 1,185 | 1,236 | |
Tulare Swr. Rev. Series 2015: | |||
5% 11/15/24 (Assured Guaranty Muni. Corp. Insured) | 820 | 856 | |
5% 11/15/25 (Assured Guaranty Muni. Corp. Insured) | 800 | 853 | |
5% 11/15/26 (Assured Guaranty Muni. Corp. Insured) | 965 | 1,028 | |
5% 11/15/27 (Assured Guaranty Muni. Corp. Insured) | 1,500 | 1,598 | |
Turlock Irrigation District Rev. Series 2020, 5% 1/1/41 | 4,000 | 4,380 | |
Univ. of California Revs.: | |||
Series 2017 M, 3% 5/15/37 | 800 | 724 | |
Series 2018 O, 5% 5/15/48 | 1,000 | 1,060 | |
Series 2019 BB, 5% 5/15/49 | 2,000 | 2,142 | |
Series 2021 Q, 3% 5/15/51 | 22,435 | 17,180 | |
Series 2023 BM: | |||
5% 5/15/37 (c) | 2,000 | 2,276 | |
5% 5/15/38 (c) | 2,290 | 2,596 | |
5% 5/15/39 (c) | 2,000 | 2,256 | |
Upland Gen. Oblig. Ctfs. of Prtn. (San Antonio Cmnty. Hosp.,CA. Proj.) Series 2017: | |||
4% 1/1/35 | 1,000 | 940 | |
4% 1/1/36 | 1,000 | 931 | |
5% 1/1/30 | 1,335 | 1,411 | |
5% 1/1/31 | 1,350 | 1,425 | |
5% 1/1/32 | 1,400 | 1,474 | |
5% 1/1/33 | 2,835 | 2,976 | |
5% 1/1/34 | 2,230 | 2,336 | |
Vacaville Unified School District Series 2014 C: | |||
5% 8/1/23 (Build America Mutual Assurance Insured) | 930 | 945 | |
5% 8/1/26 (Build America Mutual Assurance Insured) | 1,295 | 1,343 | |
Vernon Elec. Sys. Rev. Series 2022 A: | |||
5% 8/1/36 | 1,490 | 1,569 | |
5% 8/1/38 | 825 | 858 | |
5% 8/1/39 | 850 | 882 | |
5% 8/1/41 | 420 | 433 | |
Walnut Valley Unified School District Series D: | |||
0% 8/1/30 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 2,875 | 2,229 | |
0% 8/1/31 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 2,900 | 2,160 | |
0% 8/1/32 (Nat'l. Pub. Fin. Guarantee Corp. Insured) | 1,315 | 938 | |
Washington Township Health Care District Gen. Oblig. Series 2013 B: | |||
5% 8/1/43 | 5,000 | 5,046 | |
5.5% 8/1/40 | 5,000 | 5,162 | |
Washington Township Health Care District Rev.: | |||
Series 2017 B: | |||
5% 7/1/30 | 2,500 | 2,586 | |
5% 7/1/32 | 1,350 | 1,384 | |
5% 7/1/33 | 1,000 | 1,023 | |
Series 2019 A: | |||
5% 7/1/29 | 1,120 | 1,182 | |
5% 7/1/30 | 1,000 | 1,053 | |
5% 7/1/31 | 875 | 919 | |
5% 7/1/32 | 890 | 932 | |
5% 7/1/36 | 750 | 765 | |
Series A: | |||
4% 7/1/33 | 260 | 257 | |
4% 7/1/35 | 300 | 284 | |
5% 7/1/30 | 300 | 323 | |
5% 7/1/31 | 325 | 347 | |
West Contra Costa Unified School District: | |||
Series 2012 D, 0% 8/1/33 (Assured Guaranty Muni. Corp. Insured) | 1,675 | 1,140 | |
Series 2014 A: | |||
5% 8/1/23 | 365 | 371 | |
5% 8/1/26 (Pre-Refunded to 8/1/24 @ 100) | 2,550 | 2,649 | |
5% 8/1/27 (Pre-Refunded to 8/1/24 @ 100) | 1,150 | 1,195 | |
5% 8/1/28 (Pre-Refunded to 8/1/24 @ 100) | 1,000 | 1,039 | |
5% 8/1/29 (Pre-Refunded to 8/1/24 @ 100) | 1,675 | 1,740 | |
TOTAL CALIFORNIA | 1,736,806 | ||
Guam - 0.0% | |||
Guam Int'l. Arpt. Auth. Rev. Series 2013 C, 6.375% 10/1/43 (e) | 230 | 236 | |
Puerto Rico - 0.7% | |||
Puerto Rico Commonwealth Pub. Impt. Gen. Oblig. Series 2021 A1: | |||
0% 7/1/33 | 4,980 | 2,725 | |
5.625% 7/1/27 | 595 | 609 | |
5.625% 7/1/29 | 1,815 | 1,857 | |
5.75% 7/1/31 | 4,240 | 4,346 | |
Puerto Rico Sales Tax Fing. Corp. Sales Tax Rev.: | |||
Series 2018 A1, 4.55% 7/1/40 | 30 | 28 | |
Series 2019 A2: | |||
4.329% 7/1/40 | 2,000 | 1,807 | |
4.536% 7/1/53 | 1,864 | 1,622 | |
TOTAL PUERTO RICO | 12,994 | ||
TOTAL MUNICIPAL BONDS (Cost $1,811,080) | 1,750,036 | ||
Municipal Notes - 1.1% | |||
Principal Amount (a) (000s) | Value ($) (000s) | ||
California - 1.1% | |||
Los Angeles Dept. of Wtr. & Pwr. Rev. Series 2002 A1, 0.68% 12/1/22 (Liquidity Facility Bank of America NA), VRDN (b) | 4,600 | 4,600 | |
Los Angeles Dept. of Wtr. & Pwr. Wtrwks. Rev.: | |||
Series 2001 B4, 0.55% 12/1/22 (Liquidity Facility Barclays Bank PLC), VRDN (b) | 8,600 | 8,600 | |
Series 2019 A1, 0.68% 12/1/22 (Liquidity Facility Barclays Bank PLC), VRDN (b) | 6,600 | 6,600 | |
TOTAL MUNICIPAL NOTES (Cost $19,800) | 19,800 | ||
TOTAL INVESTMENT IN SECURITIES - 96.0% (Cost $1,830,880) | 1,769,836 |
NET OTHER ASSETS (LIABILITIES) - 4.0% | 74,250 |
NET ASSETS - 100.0% | 1,844,086 |
Security Type Abbreviations
VRDN | - | VARIABLE RATE DEMAND NOTE (A debt instrument that is payable upon demand, either daily, weekly or monthly) |
Any values shown as $0 in the Schedule of Investments may reflect amounts less than $500.
Legend
(a) | Amount is stated in United States dollars unless otherwise noted. |
(b) | Coupon rates for floating and adjustable rate securities reflect the rates in effect at period end. |
(c) | Security or a portion of the security purchased on a delayed delivery or when-issued basis. |
(d) | Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $24,972,000 or 1.4% of net assets. |
(e) | Private activity obligations whose interest is subject to the federal alternative minimum tax for individuals. |
(f) | Security initially issued in zero coupon form which converts to coupon form at a specified rate and date. The rate shown is the rate at period end. |
Investment Valuation
Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Securities transactions are accounted for as of trade date. The Board of Trustees (the Board) has designated the Fund's investment adviser as the valuation designee responsible for the fair valuation function and performing fair value determinations as needed. The investment adviser has established a Fair Value Committee (the Committee) to carry out the day-to-day fair valuation responsibilities and has adopted policies and procedures to govern the fair valuation process and the activities of the Committee. In accordance with these fair valuation policies and procedures, which have been approved by the Board, the Fund attempts to obtain prices from one or more third party pricing services or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with the policies and procedures. Factors used in determining fair value vary by investment type and may include market or investment specific events, transaction data, estimated cash flows, and market observations of comparable investments. The frequency that the fair valuation procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee manages the Fund's fair valuation practices and maintains the fair valuation policies and procedures. The Fund's investment adviser reports to the Board information regarding the fair valuation process and related material matters.
The inputs to valuation techniques used to value investments are categorized into a disclosure hierarchy consisting of three levels as shown below:
Level 1 - Unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)
Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)
Valuation techniques used to value investments by major category are as follows:
Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing services or from brokers who make markets in such securities. Municipal Bonds and Municipal Notes are valued by pricing services who utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices. When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing services. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.
Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy.
For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.
The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.
Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.